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s.

ADM.

AUG 7

IBRARY

193S

BANK

RECORD
REO.

U.

S.

PAT.

OFFICE

/

JULY IN RETROSPECT
Page

Financial

and

Page

1

Events

Cotton

Hides and Leather

7

8

Commercial

Iron and Steel Trade

7

--12

Course of the Stock Market

-->12

Dividend Declarations

Federal Reserve Bank—Brokers' Loans .14

Foreign Affairs

5

— -—

...

17

Foreign Exchange.
Grain—Coffee—Sugar

8

...

Money Market

.14

New Security Issues

..11

Petroleum and Its Products.

9

Rubber

8

Textiles
United

8

...

States

Treasury Financing

.10

INDEX TO STOCK EXCHANGE QUOTATIONS
Paga

Baltimore Stock

41

New York Stdck Exchange—Bonds...

19

64

Chicago Stock Exchange

New York Curb Exchange..

68

Boston Stock Exchange

New York Stock

31

Exchange—Stocks

--66

—

Detroit Stock Exchange

Philadelphia Stock Exchange

-.60

Cleveland Stock Exchange.

Los

Pag©

67

Exchange.

Pittsburgh Stock Exchange

Angeles Stock Exchange

64

61

69

San Francisco Stock Exchange.

—

.62

INDEX TO GENERAL QUOTATIONS
Page

102

Domestic

..111

Canadian

Foreign Government Bonds
Industrial

Public

73

Utility Stocks

78

Railroad Bonds...

67

Stocks..!..

Railroad Stocks

85

Real

Estate Bonds

Real

Estate Trust and

...100

72

Investing Companies Securities

84

Securities

...

William

DANA

Land Stocks

85
85

Guarantee and

Safe

Deposit

Stocks

85

85

United States Territorial Bonds...

August 4,

B.

-101

United States Government Securities..92

Mill Stocks—see Textile Stocks—

Mining Stocks

71

.

Textile Stocks
Title

Joint Stock Land Bank—

WILLIAM

94

Utility Bonds

81

Bonds

Industrial Stocks.
Insurance

Public

—93

92

...

Canadian

92

Bank Bonds

Land

Domestic

84

Exchange Seats
Federal

Pag©

Municipal Bonds—

Banks and Trust Companies—

1939

COMPANY,

Street, Corner

of

92

PUBLISHERS

Spruce Street, New York

m

.ill)







Jfofce gjeposit attd Jmst Ctf
—OF

BALTIMORE—

Capital $2,000,000
Surplus and Profits $4,196,364

gJINCE 1876 this Company has devoted itself
exclusively to the management and conser¬
vation of
of its
It

is

estates—specializing the whole effort

highly trained organization in this business.
one

country

of

the

few

which has

trust

never

companies in the

engaged in general

banking, selling securities, etc.

Its Directors are:

Charles H. Babcock

A. E. Duncan

Edwin G.

William L. Galvin

Baetjer

William G. Baker,

Jr

Robert Garrett

Howard Bruce

J. Edward Johnston

George C. Cutler

Blanchard Randall

Lyman Delano

Charles E. Rieman

BANK/QUOTATION
RECORD
REQ.

U.

3.

OFFICE

PAT.

office of Librarian of Congress, Washington, D. C
Office at New York, N. Y., under the Act of March 3, 1879

Copyright in 1939 by WILLIAM B. DANA COMPANY, In
Entered

Second Class Matter, March

as

VOL. 12

1928, at the Post

NEW YORK, AUGUST 4,
II

Bank

Quotation Record

and

July 11 to defer consideration of proposals to revise

on

the

Neutrality

Disappointed
F The Bank and Quotation Record is

one

of the companion publication

of the Commercial & Financial Chronicle and is issued monthly.
Terms for the Chronicle are $18 per annum within the United
and
and

States
U. S. Possessions and Territories; $19.50 in Canada; $21.50 in South
Central America, Spain, Mexico and Cuba, and $23 in other foreign

countries.

The subscription price to the Bank and Quotation
a

Record is $12.50

Single copies are sold at

Postage outside of United States extra.

year.

$1.50 per copy.
CHICAGO

OFFICE—208 South

LONDON

OFFICE—Edwards

WILLIAM

La

&

B.

Salle

DANA

Drapers' Gardens, E.O.

until
this

"the next session of Congress."
defeat, President Roosevelt dis¬

his

formal

of
of the Neutrality
Act.
The message took the form of a brief presidential
introduction indorsing and calling to Congress's attention a
statement on the subject by Secretary Hull.
The Secretary
the

first

compulsory

request

the elimination

for

feature

embargo

arms

State's statement said that those who insist

embargo
what

COMPANY, Publishers,

Act
over

special message to Congress on July 14 in which

a

made

of

Street.

1

Smith,

patched
he

NO. 8

1939

in

time

of

war

are

"urging

not

arms

an

on

but

neutrality

might well result in actual unneutrality,

the serious

York

predict."

Declaring that

the basis for his recommendations was the

William Street corner Spruce Street. New

"firm intention

of

REVIEW

OF JULY—COMMERCIAL

Beset

AND

ment, Congress turned independent again during the month
under

review,

legislative

with

the

program

opened with

favorable senatorial

for

action

Administration's

the

The

disrupted.

action

solid

union

which

dealt

the

following

revision

of

neutrality

action

the

on

Labor

Hatch

bill,

to

"pernicious

prevent

activities."

Reduced

in

Congress.

without

President's

the

self-liquidating

new

projects,

spending-lending

scheme.
Enacted

Congress

by

President accepted this defeat but not

The

his

usual

Extending

President's

Monetary

The

strictures.

President

told

re¬

this session was a definite blow to
increased the probability of war.

at

and

recovery

Disposing of rumors that he wTould go to the country with
neutrality fight,

the President told the reporters that

until January except to pray awfully
hard that there would not be another crisis in Europe.
He
could

lie

do nothing

added that the country understood

and

thoroughly that the Sen¬

responsibility for its refusal to adopt "cash

ate assumed full
Measure

on

porters on July 21 that the Senate's refusal to revise neu¬

his

favorable

thumbs down

neutrality legislation this session was called by the Presi¬
dent wrhen his message did not produce the desired reaction

business

this session.

at

The White House confer¬

purchasers.

Senate leaders turned

the

trality legislation

legislation

Obtained passage of a House resolution to investigate the National

political

Congress May 27.
It was headed by the recom¬
that goods exported from the United States to
belligerent countries shall be preceded by the transfer of
which

Relations Board.
Obtained

sented to

the foreign

adverse

for neutrality revision which he pre¬

mendation

at

how¬

The Secretary reiterated

partisan debate.

program

to

to the Administration:

Killed

of

title

the Republicans and conservative Democrats formed

rather

six-point

ence

Subsequently,

powers.

his

of

the conference report renew¬

on

subject

month

Deal in the form

New

the

ing the President's monetary
ever,
a

that

badly

was

victory

a

result

urged that the neutrality proposals be not made

the

by the Washington heat and the desire for adjourn¬

no one can

keeping this country from being drawn into war," Secre¬

tary Hull

EVENTS

FINANCIAL

"which

consequences of

carry" neutrality legislation.

Powers

The

time
the

July 4 week-end
reassemble

to

the Administration sufficient

gave

its

shattered

forces

and

drive

through

Senate the conference report which renewed the Presi¬

dent's power further to devalue the dollar, extended the op¬
erations

of

the

$2,000,000,000 stabilization fund, continued

foreign purchases
higher

a

64.64c.)

price

of silver,

(71.11c.

for silver.

report

June

on

and

the

gave

instead

the

of

silver

in

the

Senate

Senators

previous

The House had passed

30, but Republicans

"filibustered"

crats

President's Self-Liquidating Loan Program

and

price

this conference

"purged"

Demo¬

the early hours

until

of

of

July 1, thus permitting the President's monetary powers to

$3,860,000,000 self-liquidating loan pro¬
gram evinced little enthusiasm in Congress, and the con¬
servative
Democrat-Republican coalition had little diffi¬
culty in paring it down in committee.
The bill was intro¬
duced in both houses on July 10 with the total reduced
$260,000,000. Because of the hostile reception which greeted
it, the President's proposal for authorizing $500,000,000 in
foreign credits was deleted in the measure that went to
Congress.
This deletion was replaced by the proposal for
increasing the lending authorization of the Export-Import
Bank from $100,000,000 to $200,000,000.
This change and
the inclusion in the bill of $140,000,000 already appropriated
electrification

expire.

Prior to June 30 the Administration expressed the

for

rural

opinion

that

the

difference of

if the

powers

midnight June 30 deadline,
needed
action

to restore them.
on

were

not

renewed

entirely

an

After the

before

bill

new

be

forestalled

however, the

Administration reversed its opinion and sought a favorable
vote in the Senate

the conference report.

on

July 5, the vote being 43 to 39 for passage.
signed the bill July 6.
of

the

law

In

as

This

came

on

The President

much as the constitutionality

renewing the monetary powers after they had

expired appeared questionable, the President had requested
from
the

Attorney General Murphy

provisions of the

plish

their

purpose

bill

enacted

if

June 30, 1939," and an
the

Attorney

President's

June

General

control

an

opinion

would "be
into

over

July 6.
the

after

was

result
is

that provided for in the bill presented to

Con¬

Another Republican and conservative Democrat
coalition, this time in the Senate Banking and Currency
Committee, was successful on July 21 in reducing the pro¬

to

accom¬

by an additional $310,000,000.

The committee voted
toll roads, highways and
bridges from $750,000,000 to $500,000,000 and the proposed
lending authority for railroad equipment purchases from
gram

reduce the proposed outlay for

to

$500,000,000 to $250,000,000; but it added $90,000,000 for
reclamation projects in the West.
The Senate voted to
cut the $500,000,000 highway fund from the bill on July 28,
and at the same time eliminated the provision to make
loans
of
$350,000,000 to railroads for equipment.
The
Senate

law

The

dollar

to whether

as

sufficient

affirmative view
on

and

gram

and farm tenant loans constituted

$260,000,000 between the President's pro¬

gress.

Senate had

the renewal bill until after June 30,

would

the

of $3,860,000,000

President's

The

midnight

expressed

is

that

continued

by
the

until

in

the

half

bill
the

July 31, but cut, however,
total amount sought by
the

on

President, the measure as adopted by the Senate proposing
a

total of $1,615,000,000.

Senate committee,

25, but

30, 1941.

passed

practically

on

The bill, favorably reported by the
on July

July 22, got to the Senate floor

the other side of the Capitol it got tied

up

in the

Rules Committee, where a rather complex legislative situa¬
Defeat

of

Action

on

Neutrality

Senate leaders of both his

Legislation

own

party told the President on July
*

no

senatorial action

on

at

Present

Session

party and the Republican

IS that he could expect

the neutrality

bill at this session.

After the House had voted June 30, by 200 to 188, to force
into the neutrality bill practically the same automatic arms

embargo which President Roosevelt and Secretary of State
Hull

had

opposed,

the

measure

was

sent

to

the

Senate.

There the Senate Foreign Relations Committee voted 12 to

♦




tion

had

developed.

Representative

member of the Rules Committee, was

Cox,

a

Democratic

interested

in getting

Administration-opposed measure, the Barden wage-hour
amendments, out of his committee, but needed the help of

an

the

Republican

members.

The

Repupblican

members re¬

portedly threatened not to report the Barden amendments
unless Representative Cox ceased his efforts to get the
Administration's spending-lending proposals to the floor.
The

Rules

tween

Committee called

both factions of

a

conference

on

July 27 be¬

oganized labor and representatives

/

MONTHLY EEYIEW

2
in

business

of

resolve the difficulties over
on the lending
it was planned
in the House on Aug. 1.

attempt to

an

wage-hour amendments.
The House action
bill was delayed, however, and on July 28
call

to

the measure

up

$1,755,000,000 Relief

of

Enactment

$1,755,000,004 relief appropriation bill,

the

Meanwhile

President's signature on
June 30, created serious difficulties among relief workers
throughout the country and stimulated a movement for
amending the appropriation bill which contains many re¬
strictive features on the activities of the Work Projects
Administration.
The provision in the law abolishing the
the

with

law

became

which

previously existing prevailing wage method of paying
workers led to strikes of fairly serious proportions on

WPA

WPA

unions ordered their members to
month at less than
The strikes resulted in the dismissal of about
10,000 workers who stayed away'from their projects more
than five days.
In the face of this, the President main¬
tained a firm attitude and permitted reporters to quote
him on July 14 that "you cannot strike against the Govern¬
ment."
A. F. of L. unions threatened strikes on private
building projects in sympathy with relief workers, but with¬
held action until the Justice Department rendered the Presi¬
dent an opinion on a compromise plan which the union
offered.
The plan called for continuation of prevailing
wages on all those projects which had been started before
the new law was passed and the institution of the 130hour-a-month provision only on new projects.
Additional
dissatisfaction among WPA workers was manifested with
the provision of the law which requires the Administrator
to drop for 30 days, with but a few exemptions, all those
who have been on the rolls for 18 months or more.
Colonel
Harrington, WPA Administrator, said on July 12 that about
650,000 workers will be dropped by Sept. 1 to conform to
A.

projects.

of L.

F.

work 130 hours a

rather than

strike

union wages.

.

Legislation

rule.

18-niontli

this

visions of the 1940 Relief
the

considered

being

its

possibilities of

repealing these two pro¬

Act was introduced July 10, but

session

this

at

expected adjournment date,
neared.
On July 29 Colonel Harrington notified all State
work relief Administrators to discontinue the dismissal of
diminished

Aug. t5,

as

the

employed 18 months or more on Work Projects Ad¬
ministration projects pending final
congressional action
on the proposal to modify the Relief Act's requirements.
persons

Hatch

Passes

Bill to

Prevent "Pernicious Political

Activities"

Activities" is the
received sub¬
endorsement in both houses of Congress.
It was

"An Act to Prevent Pernicious Political

stantial

the

of

title

official

bill

Hatch

which

has

approved by the Senate without a record vote on July 21
and was sent to the White House for President Roosevelt's

(April 13)
adopted the measure in a slightly different form, but on
July 21 it concurred in minor House amendments contained
in the bill as passed by the House, July 20.
the bill was endorsed

While
dent
a

earlier

Senate

The

signature.

rebuke

year

"in principal" by the Presi¬

Administration

the

to

the

its passage at this time is

time ago,

some

in

because

considered

the

of

rigid re¬

Federal
employees. The bill bars rank and file employees from being
delegates to political conventions, thus ostensibly lessening
strictions

it

imposes

control

President's

the

the political activities of

on

the 1940 Democratic

over

The original

Convention.

National

Hatch bill, passed by the Senate

mainly against the use of relief
The House Judiciary Com¬
mittee reported a bill which contained no deterrents of im¬
portance to political activities by office holders, but during
the course of 13 hours of debate on the measure in the

April

13,

funds

for

political

The House

amendment (Section 9), which is the
of the measure, by a vote of 243 to 117.
This amend¬
makes it unlawful for any person employed in the

July 20 passed

meat

ment

an

executive branch

authority
of a

to

purposes.

"teeth" were inserted in the measure.

House,
on

directed

was

or

primary

be

or

any

agency

thereof to use his official

influence to interfere with or affect the result
or

selected

election at which nominees or officials are
the offices of President, Vice-President,

vides that

member of Congress. It further pro¬
"no officer or employee in the executive branch

shall

any

take

active part in

political campaigns."

the

bill

obvious

passed in

was

aid

of

the 'House on July 20.
With the
Garner, a concurring vote

Vice-President

quickly obtained in the Senate July 21, despite attempts
of Administration leaders to send it to conference for tam¬

was

unions, and lengthy hearings by the
failed to produce satisfactory
recommendations for amending the law.
The inquiry reso¬
lution, which was introduced by Representative Howard
W.
Smith, Democrat of Virginia, empowers a five-man
committee to investigate and report appropriate legislation
both

"increasing or decreasing disputes between employer
upon increasing or decreasing employment,
upon the general economic condition of the country.
employee,

and

Amendments

press

workers

ceivable
poses

what

there was a real problem involved
In addition to the restrictions on Govern¬

conference that

in the measure.
ment

indicating

direct

already mentioned, the bill bans every con¬
or

indirect

use

of relief for

and provides penalties for violations.




political pur¬

Senator Hatch,

Social Security Act Passed by Senate

to

Before the Senate
ments

amend¬
pensions obtained

passed the Social Security Act

July 13, proponents of increased

on

the Federal Gov¬
annually.
This
amendment provides that the Federal Government put up
$10 for the first $5 put up by a State and another $10
for another $10 spent by a
State, thus providing a $35
pension of which the Federal Government would supply
of an amendment which raises
contributions, by
$80,000,000

passage

ernment's

amendment was adopted,

Another

half.

than

more

how¬

this victory of
high-pension advocates.
This second amendment provides
that if' any State does not contribute a minimum of $10
each per month to its pensioners, it would receive no Fed¬
ever,

which serves to nullify to some extent

eral

assistance

the

under

The

program.

of

effect

this

upward
their own pension payments.
Another Senate amendment
would cover into the pension system a large number of
persons who otherwise could not have qualified because
amendment is to require

all but 17 States to revise

and at

birthdays fell in the intermediate years

their 65tli
a

time when their

pension prior earnings could not be com¬

puted as sufficient to entitle them to pensions. Because the
Senate version differed in a number of important respects

of the House bill passed June 10, the
The amendments to the Act
have been undertaken at this session to relieve business
of taxes which would have otherwise been imposed under

bill

the provisions
sent

was

current

conference.

to

and

law,

1,100,000

benefits

broaden

to

A

in

to take

about

more persons.

Congress Passes and President Signs Bill

break

in

the deadlock

Amending Act Creating TVA

conference on

the

in

the bill

issue bonds
for purchasing the properties of the Tennessee Electric
properties in three Southern States came on July 11, and
the compromise bill, after approval by the House and Sen¬
ate, was signed by the President on July 26.
The compro¬
authorizing the Tennessee Valley Authority to

mise reduced the bond issuing

authority to $61,500,000 from

$100,000,000 proposed by the Senate and the $65,000,000
approved by the House.
It also eliminated the restrictions
on the operations of the TVA which the House had written
into the bill, but at the same time it included restrictions
on the uses to
which the bond authorization could be put.
the

The

conference

report

was

approved

by

the

House

on

208 to 145 vote, and in the Senate on the
same
day without a record vote.
Because of Congress's
delay in passing the bond authorization, the deadline for
consummation of the Tennessee Electric Power contract
July

14

by

a

Wendell L.
Corp.
(parent of the Tennessee Electric Power Co.), was able to
announce
that the parties to the original contract had
reached an agreement under
which the transfer of the
properties will be effective Aug. 15, the price of $78,600,000

expired

June

on

On

30.

July

18,

however,

Willkie, President of the Commonwealth & Southern

remaining unchanged.
Other

Some
cluded
The
is

other

House

disclosure

of

Congress

unanimously passed, July 19,
protect buyers

to

of

the

adopted

were

Congressional Activities

activities

during the month

in¬

:

designed

provisions of

of

the Trust-Indenture bill which

bonds and other securities

trust

indentures.

through full

The House amendments

by the Senate July 21.

providing Government insurance of
appraised farm value as a means of
enabling tenants to purchase farms, but limited insurance outstanding at
The

farm

any

Senate

passed

mortgages

The
tions

to

on

July 6 a bill

100%

of

the

time at $350,000,000.

one

bers of

not

the President said on July 25

been fair and

upon

and

July 28 the President, is said to have declared himself in
favor of the objectives of the bill, but to have added at a

Although

was,

points as whether the Board has

impartial in its conduct, decisions and interpretation of
the law, and what effect, if any, the Wagner Act has had

order

down.

Committee

Labor

such

on

and

employers

his personal
that the bill
might involve a constitutional question as to the freedom
of speech of Government workers prohibited by its terms
from
affecting the outcome of political elections.
On
ing

opinion

investigate the

the National

House

With

Republicans voting practically solidly for the measure
and a substantial bloc of Democrats coming to their aid,

to

Board, the House found an effec¬

of the task of seeking satisfactory amendments
Labor Relations Act at this session.
The
activities of the Board have been subject to criticism from

or

the

July 20

on

tive way out
to

for

presidential elector

134

to

National Labor Relations

from

Congress

2o4

voting

By

Voted by House

of NLRB

Investigation

Projects

WPA

on

holding local office.

bar them from

Appropriation Measure—Strikes

he will seek
nearby Mary¬
which would

reported on July 24, has indicated that

it was

exemption for Federal employees residing in
land and Virginia from a clause in the bill

Senate
and
to

passed

court

curb

on

appeals

July 18 the Logan bill which standardizes
from

legislative

and

dozens

of

judicial

regula¬

independent Federal agencies in
authority which they frequently

exercise.

of Federal Civil Service
section permitting mem¬
had been deleted.
The elimination of the provision was approved by a teller vote of 119 to 73.
On July. 21 the Senate, by a vote of 48 to 23, passed a bill designed to
protect producers,
manufacturers, distributors and consumers from the
unrevealed presence of "substitutes and mixtures" of wool products.
The
measure requires that fabricated
articles containing wool bear labels show¬
ing exact fiber contents.
A similar bill is pending in the House, where
A

bill

workers

changing the compulsory retirement age

was

passed by the House July 14, after a

Congress to participate in the retirement system

MONTHLY REVIEW

Aug., 1939]
it

favorably

waa

reported

by

14

June

on

Commerce Com¬

Interstate

the

mittee.
On

of

Agriculture's control
contained

was

Senate passed

July 25 the

Roosevelt to
Senate
House.
Senate

bill authorizing President

a

district judges.
approval, obtained without a record vote, sent the measure to the
The House of Representatives on July 17 adopted and sent to the
the Lanham bill, designed to coordinate and codify the Nation's
appoint two additional circuit judges and six new

patent

June 30.
of

Roosevelt

President

Orders

Federal

Agencies

amendment.

Roosevelt

agencies

be

to

prepared

27

July

on

directed

meet

to

Federal
in the

the

emergency

any

The
Secretary, Stephen Early, sent the
following memorandum to the Secretaries of Agriculture
and the Interior, the Work Projects Administrator and the
drought-stricken

President,

Civilian

of

areas

through

States.

Northeastern

the

his

Conservation

Corps

Director:

official and
unofficial
reports of the damage in the States affected by the present
drought damages to crops and timberlands and to the danger of low water
The

has

President

asked

invite

to

me

attention

your

to

President

The
and

the

that

asks

that

Federal

be

conditions

these

agencies

all possible

render

to

observed

thoroughly

most

in the event of an

be prepared

emergency

assistance.

followed

indicated.

section

Roosevelt

on

signed

July 20 a bill eliminating

on

which amends the Second Liberty Bond Act,

The measure,

restriction of

does not change the maximum

amended,

$45,000,000,000 on the total national indebtedness.
Final
congressional action on the bill came on July 14 when the
Senate receded from its amendments which the House had
disagreed to the

The bill was passed by the
The amendment

day.

same

House May 23 and by the Senate June 1.
which the Senate adopted on

June 1, and which was finally

in the form of a rider authorizing the Ten¬
nessee
Valley Authority to issue $100,000,000 bonds.
The
Senate agreed to eliminate the amendment July 14, in as
dropped,

much

was

as

conference

a

report on

independent TVA bill

an

voted.

was

and Mrs.

N.

for

site

12

tion

systems,

carriers,

aviation,

except

for the first

passed by the Senate

was

brings domestic

and

under the jurisdiction

time,

Interstate Commerce Commission.

While

D.

Roosevelt

the

of

Roosevelt

estate

Library.

The

as

the

signing

in

is now

is required

Europe,

before the

On this tract of

$350,000 library building, to be financed by private

a

subscription
erected

to

maintained

and

Government cost,

at

President's

the

house

official

will

be

the

'question to compromise the differences before adjournment.
The bill passed the

House

defeating

July 26 without a record vote,

on

bipartisan drive to exempt water

a

lines.
Senate

Approves

Cotton Insurance

The

Senate

cotton

Senate

Crop

was

Bankhead-Jones

the

farmers

insurance

crop

includes

Corporation

by

maintenance

under

the

which came after several hours' debate, the House
refused by a roll-call vote of 219 to 132 to recommit the
resolution with instructions that provision be made to limit
the cost of maintaining the library by the Government to
passage,

$12,000
July

a

The

resolution

was

by

signed

the President

on

Roosevelt

President

Chandler

Signs

Bill

to

Facilitate

Railroad

Reorganizations—Action Follows Adoption of Conference Report

by Congress

later.

is supposed to operate without cost to the

Resolution

Passes

On

CCC Power

Giving

of United States

the

for

arrangements

of

exchange

the

surplus

rubber, under the so-

called barter agreement between the two countries signed at
on

June 23.

tion,

to

adopted by the Senate

was

of surplus cotton
producers which will be
85,000 tons of British rubber. The Senate,

title

take

holds under

it

Legislation

July 6 permitting the Government, through the Corpora¬

on

the 600,000 bales

to

loans

traded for about

advanced

to

Byrnes bill, was amended by the House Banking and Cur¬

or

Committee to prevent the removal of only so much

rency

from interior warehouses to maritime ports as

cotton

be necessary

may

fulfill the contract for delivery under the

to

exchange agreement.
on

Bill to Prevent Interlocking

Bank Directorates

Both the Senate and House agreed on July 24 to the con¬
ference report

1935

the

directors
from

of

the bill postponing the effective date of

on

Act

Banking

serving

bank.

effective date for

The

Under the existing
effective

come

or

as

directors

conference

report

period of four years,

a

Aug.

officers and
System

the Federal Reserve

private bankers

as

other

any

prohibiting

provision

of member banks of

or

or

officers

extends

the

to Feb. 1, 1943.

law this prohibition would have be¬

1939.

1,

The

Senate

bill,

passed

on

proposed an extension until Feb. 1, 1944, while the
House on July 17 passed a bill fixing the effective date as
Feb. 1, 1911.

.

Without

a

(Democrat)
motion

by

conference the bill was

alien

adopted by the Senate

on

July 25,

The bill amends the Bank¬

ruptcy Act of 1938 relating to the bankruptcy of railroads.
Roosevelt

President

Adjustment

Act

of

Bills

Several

Signs

1938—Affect

Amending

Wheat

and

Agricultural

Corn Marketing

Quotas and Extend Wheat and Cotton Acreage Limitations

of Virginia.

a

which

have( been introduced at the present ses¬
The bill is designed to ban those aliens

bills

advocate

who

overthrow

of

the

amendments

the

Associated

Press, July 27, said:
amendments:

Postpone
referendum

from
on

corn

market

late August

to late

marketing

corn

September

the

date

for

holding

indefinitely

Extend

indefinitely the

the

to the

55,000,000-acre1 minimum

10,000,000-bale minimum

is in effect.

allotment

for

wheat.

in establishing cotton

guilty

broken

on

amendments

July 27 when it ap¬
proved for floor consideration the original Administration
bill but ruled that conflicting versions by Representatives
amendments.

on

and

was

Robert

on

Ramspeck must be considered

United Press dispatches from Washington

July 27, in reporting this, added, in part:

The

three
1.

compromise, which in effect
separate bills

The

to the

was

Administration surrender, sends

an

floor:

Administration-approved

changes

introduced

by

Representative

Mary T. Norton (Dem., N. J.), Chairman of the House Labor Committee,

acreage.

which

One of the amendments enacted is

minimum

reducing

in House Rules Committee

WTage-Hour Act

Graham Barden

and wheat growers who plant within their acreage allotment

Extend

those

Bill Amending Wage-Hour Law

The deadlock

as

quota

Government,

turpitude, and those who become public charges
within five years after entry.

a

quotas.

their entire crop without penalty when a

the

of

moral

of

Rules Commtitee Approves for House Consideration Administration's

keting quota provisions and extending acreage limitations.
nature

The bill, it is stated, em¬
more than 100 anti-

drastic provisions of

sion of Congress.

26 President Roosevelt signed four amendments
to the Agricultural Adjustment Act of 1938, modifying mar¬
the

an

Smith

After the adoption of the bill a
Marcantonio to recommit it to

vote of 272 to 48.

most

On July

Indicating

July 29 passed

Representative

by

sponsored

the House Committee on the Judiciary was rejected by the

the

by the House on July 27.

vote, the House on
bill

by Representative

House

on

A

ing Overthrow of Government

record

anti-alien

omnibus

bodies

the

Exchange

Rubber

July 27 the House passed the resolution designed to

facilitate

May 29 the Senate passed the bill in amended
compromise measure was approved by Senate and
House conferees on July 24, and in the form agreed on in
bill, and

Permit

Effect

to

Cotton for British

House Passes Omnibus Anti-Alien Bill—Would Ban Aliens Advocat-

Both the Senate
and House, the same week, adopted the conference report
on the Chandler bill to facilitate the voluntary reorganiza¬
tions of railroads; on April 17 last the House passed the

to

of

propriated for the first wheat program.
House

signing by President Roosevelt on July 28.

The

study

Government, except that the Department of Agriculture is
receive an appropriation to finance the administrative
operations required.
The measure as passed • authorized
$6,000,000 in this purpose, a like amount having been ap¬

The Chandler rail bill has been enacted into law, with its

and

Federal

the

special

a

June 19,

July 18.

form.

directs

make

to

to

Final action by the Senate was completed

year.

14.

already

The bill as passed by the

insurance program

The program

of

vote

a

form

the

which

amendment

an

Insurance

which extends

bill,

in

tobacco to determine whether it would be feasible to include
it

approved by

13,

July

on

of Program to

Studied

July 19 approved and sent to the House

op

consideration

to

Bill—Extension

Growers

Congress Agrees to Conference Report

for the establishment and

the Senate on April 20; the
of 221 to 124, passed with
minor amendments the Senate-approved resolution.
Before
library

House

similar measure

a

May 25, the House made so

on

documents' and

manuscripts.
The resolution

water
of the

many changes in the Senate-approved measure before pass¬
ing it that Senator Wheeler stated that it was out of the

London

on

Government obtains full title to the land.
land

Hyde Park

by the President's mother, Mrs. Sara Delano

who

Roosevelt,

acres

Franklin

the

of another deed

at

July 25, President
deed transferring to the Fed¬

Hyde Park, N. Y.,

Roosevelt signed a

Government

eral

of Library

Y., to Federal Government

At their home in
and Mrs.

Deed Site

Roosevelt

Water

Congress Had

Urged by President Roosevelt

stocks of American cotton for British
President

Placing

by

of ICC—Action

made available to wheat growers.

$30,000,000,000 limitation of outstanding Federal bonds.

the

as

Limit

as

Government Bonds

Outstanding

President

$30,000,000,000

Bill

Transportation

on July 26 passed the Wlieeler-Lea transporta¬
bill, which coordinates the regulation of all transporta¬

tion

for

President Roosevelt Signs Bill Removing

Senate

the

to

been 12,000,000

The House

27-day drought in the

a

agreed

heretofore had

Jurisdiction

Tobacco

President's action

The

18

July

on

Wheeler-Lea

Under

after narrowly

supplies, said to be growing more acute daily.

May 22 had stipulated a minimum

on

but

The minimum

Passes

Carriers
Been

Emergency in Drought-Stricken Regions of Northeast

President

bales,

The 10,000,000 limitation
passed by the Senate on

program.

resolution

the

bales.

for

Prepare

to

in

The House

11,500,000

House

laws.

3

allotments

to not

for

less than 10,000,000




a

cotton,

resolution extending

the

new

legislation

bales the Department

call

white-collar
2.

The

2,000,000

for

exemptions

workers

earning

of

certain

$200

or

categories

more

Roosevelt-condemned

Barden

agricultural products

processors

a

and

of

workers,

including

month.

amendments

which

would

exempt

other seasonal workers.

MONTHLY REVIEW

4

amendments which are non-controversial in nature and
changes approved by Mrs. Norton's committee earlier

The Ramspeck

3.

similar

are

four

to

three

Representative Eugene E. Cox (Dem., Ga.), leader of an anti-New Deal
which successfully blocked a rule to send the Norton bill to the

coalition

with

ban

a

amendments, said that the committee vote was "over¬

on

whelming."

compromise in the matter of
so-called wage and hour law (the Fair
Labor Standards Act) acceptable to the Administration and
With

view to effecting a

a

North

Carolina,

named

able

Representative Barden (Democrat) of
the House Labor Committee on July 19

by

led

group

subcommittee of five to work out changes agree¬

a

Amendments to the bill have been
Labor Committees since the latter

factions.

both

to

before Senate and House

nearly two months ago (June 7) the
House, by a vote of 167 to 110, refused to suspend the rules
to consider revisions recommended by the Administration.
On July 11 Representative Barden introduced a series of

part of March, and

substitute for the Administra¬

amendments to the law as a

tion-sponsored changes of Representative Mary T. Norton.
Criticism of the Barden amendments came from Presi¬
dent Roosevelt
from

the

July 18; these amendments wTould exempt

on

of the Act employees in

provisions

processing activities.
Criticism

the

against

lodged

also

was

agricultural

:

Barden

amend¬

ments by

Wage-and-Hour Administrator Andrews, who indi¬

cated

July 20 that he was opposed to exempting "white
earning $200 or more a month from the

on

collar"

workers

of

provisions

although

law,

the

he

had

previously

ex¬

pressed himself as favoring such exemption.
Senate

Amendments

Approves

amendments

July 17, without a record vote, approved

on

the

to

requiring the hold¬
$4,000 to

Walsh-Healy law,

minimum

standards

and

wage

standards

hours

apply only to contracts over
to

sent

established

Under the present law wage and hour

under the statute.

was

$10,000.| The meas¬

the House for concurrence,

but there

ap¬

doubt in the minds of some Senators as to

peared to be
whether the

House would

act

it at the present session.

on

President Roosevelt Nominates W. J. Patterson to ICC

Roosevelt

President
Patterson

Dakota

nominated

become

to

Commission

The

member

a

for

the

of

term

a

confirmed

Senate

J.

expiring
nomination

the

of

is

now

of

director

Commission's

the

He was chosen to fill a position for
which the President originally selected Thomas R. Amlie,
Safety.

former Wisconsin
H.

Jones

Progressive Representative.

Resigns

Administrator—Emil

President

Roosevelt

II.

Jesse

Jones

as

as

RFC Head to Become Federal Loan

on

RFC

New

Named

Schram

Chairman

July 18 accepted the resignation

Chairman

of

Reconstruction

the

Fi¬

Corporation, which was submitted in order that Mr.
Jones might take over his new duties as Federal Loan
Administrator.
In a letter accepting the resignation as
nance

head of the
was

RFC, Mr. Roosevelt said that the RFC's record
vindication of the good sense of a majority of Amer¬

a

icans and! showed their confidence in the

"ability of honest

government to cope with difficult situations which have not
been

solved

letter

to

entire

efforts."

by wholly private

the

President,

than sufficient to pay
the

limit of 61.

age

unanimously approved a bill endors¬

Congress on July 26

ing the award of the Distinguished Service Medal to Ad¬
miral Yarnell in recognition of his work in the Far East.

with

Dealers, Inc., Files Application
Under Moloney Act

of Security

Association

National

SEC for

Registration

Security Dealers, Inc., for¬
Conference, Inc., filed an appli¬
and Exchange Commission on
July 20 for registration as a national securities association
under the Maloney amendment to the Securities Exchange
Act of 1934.
This is the first application for registration
to be filed under the Maloney Act, which provides for the
organization and registration of one or more associations
of over-the-counter brokers and dealers for the purpose of
effectuating a program of cooperative regulation.
A public
hearing on the application was scheduled for Aug. 1.
Association of

National

The

merly Investment Bankers
cation
with the Secrities

Court

District

Federal

Court

M.

James

Judge

Washington

in

Is

Not

Anti-Trust Act

of the United

Proctor

Anti-Trust Act could

Against American
"Trade" Within

Indictment

Dismisses

Association—Rules Medicine

Medical

States District

July 26 ruled that the Sherman
the practice of medicine.

on

not apply to

opinion was issued in dismissing the indictment in
Department of Justice charged that the American
Medical Association and fellow defendants restrained the
His

which the

"trade"

Health, Inc., a cooperative health organ¬
of Columbia.
The indictment was

of Group

District

the

in

ization

Federal grand jury in Washington, D. C.,

handed down by a

Judge Proctor on July 26 held that, in

20, 1938.

Dec.

on

William

the United

of

Commander

Yarnell,

turned over his command July 25 to
Admiral Thomas C. Hart in Shanghai.
Admiral Yarnell
will retire in October, when he reaches the active service

opinion, medical practice is not a
meaning of the Anti-Trust Act.

"trade" within the

Court of Appeals Sustains Right

of Lower Tribunals to

his

York

New

Unions from Picketing—Ruling in

Enjoin

Co.

Busch Jewelry

,

Patterson

Jesse

E.

Case

July 27.
Bureau

20

July

on

Commerce

1945.

31,

Mr.

North

of

Interstate
Dec.

Him

Harry

Asiatic fleet,

States

Government

Government contracts involving more than

of

observe

of

Succeeds

Admiral

East
Award—Admiral Hart

Head of United States Fleet in Far

as

Votes Distinguished Service

—Congress

Meaning of Sherman

Senate

The

Yamell Retires

Admiral

More

or

ure

Walsh-Healy Law, Extending
Contracts of $4,000

to

Requirements to

Wage-Hour

ers

Government

He will have executive control over the
Social Security Board,
Civilian Conservation Corps, the
National Youth Administration, the office of Education,
and the Public Health Service.
Mr. McNutt was sworn into
office on July 13 at the office of the Surgeon General.

amendments to the

the

agencies created under a plan for

new

reorganization.

today.

floor

12, will head one of

confirmed by the Senate on July

was

said that RFC

Jones,

Mr.

assets

were

in

a

more

all debts and return to the Treasury

The New York State Court of Appeals on
the

July 11 upheld

right of State courts to enjoin labor unions

from dis¬

picketing.
The decision sustained the Appellate
Division
in upholding
an
injunction issued by the late
Justice Salvatore A. Cotillo of the State Supreme Court in
orderly

Employees Union,
Industrial Organ¬
izations, from picketing stores of the Busch Jewelry Co. in

June, 1938, enjoining the United Retail
Local 830, an affiliate of the Congress of
New York City.
County

Harlan

(Ky.)

Coal Strike Settled

Major differences between union miners and coal
ors

waived

were

operat¬

19, to bring peace again to Harlan

July

After conferring with Federal conciliators at
for five days, representatives of the
United Mine Workers and the Harlan County Coal Oper¬

County, Ky.
Knoxville,

ators

until
the

Tenn.,

Association

adopted

only

seven-point agreement to run

a

The Harlan County operators were

March 31, 1941.

13, the "union
Lewis's union, in

which did not sign on May

ones

something in ad¬
dition."
Emil Schram, member of the Board of Directors
of the RFC, wTas named Chairman to succeed Mr. Jones.

order to end the nation-wide strike in

James L. Fly Named to Succeed Frank R. McNinch

said:

stock invested,

capital

President

Roosevelt

nomination

of

James

sent

L.

Senate

the

to

as

Member of FCC

July 27

on

the

a

the Federal
McNinch,
of ill health.

member of

ings

who

the

has

term

submitted
was

of Mr.

his

named

for

resignation

because

the remainder

the

of

McNinch has

been

Chairman of

the

FCC

Roosevelt

Nominates
missioner

Francis

B.

Francis

to

B.

Mr.

since the fall

1937 and it is said Mr. Fly will become the new
President

seven-year

McNinch, which will expire July 1, 1942.

Sayre

as

of

Chairman.
High

Com¬

Assistant

points

V.

McNutt, who resigned to become Federal
Security Administrator.
Mr. Sayre has been Assistant Sec¬
retary of State since November, 1933, in charge of Secre¬
tary

Hull's

reciprocal

trade

agreement

program.

Mr.

Say re's nomination was confirmed July 29.
President

Appoints

Roosevelt

Commissioner

to

Paul

V. McNutt

Philippines Is

as

Head of FSA—

Named Chief of New Federal

V.

McNutt,

American

High

Commissioner

to

former




Governor

of

Harlan,

Ky.,

eviction proceed¬

miners.
in

the

exclusive

agreement

were

bargaining agent

Indiana, whose

on

Queens

internal

for

Tunnel and Delaware Aqueduct End

nomination

differences

union

had been

*

submitted to

work on the Queens-

(New York City) tunnel and the Delaware aque¬
duct in Westchester County, N. Y.) were ended July 18.
The union dissension was between Local 147 and Local 60
Midtown

of which
project.
The 2,000 men employed on the tunnel project and some
3,000 workers idle on the aqueduct job returned to work
of

the

Compressed

Air

Workers

July

19.

in

60

turned

both

•

Cotton

With

Union,

jurisdiction over workers on the aqueduct

claimed

the

Philippine Islands, was nominated on July 11 by President
Roosevelt
to
be
Federal
Security
Administrator.
Mr.
McNutt,

from

"union shop" and the operators

arbitration, the strikes that had tied up

on

Agency

Paul

as

After

by President Roosevelt

succeed Paul

a

effect since April 1.

Association

Strikes

Sayre,

demand for

19

Philippines

Secretary of State, was
on July 26 to be Amer¬
ican High Commissioner to the Philippine Islands.
He will
nominated

its

on

July

recognition of the United Mine
all employees of members of
except exempted classes;
submission to an arbitration
board of disputes arising over the collection of union dues which cannot
be settled otherwise; agreement by the Association in good faith to co¬
operate with the union in securing convenient and adequate meeting places
for the local unions, and immediate return to work of all employees to
their respective mines without discrimination or prejudice,
no new em-,
ployees to be hired until all old employees have an opportunity to work.
Other

Workers

Fly

all

of

L.

penalty" clause and agreed to dismiss

"strike

the

against

Communications Commission succeeding Frank R.
Mr.

receded

union

John

by

advices

Press

Associated

waived

demanded

contract

shop"

The

Fly, General Counsel of the Ten¬

Valley Authority, to be

nessee

"with

years,
on

Subsidy

'

levels
Secretary of Agriculture Henry A. Wallace

exports

July

of American cotton at their lowest
22 to

the

subsidy method of

stimulating

the

of

outflow

He announced that ex¬
would be subsidized to the
pound for i^w cotton, and from lc. to

of

extent

stocks.

surplus

July 27,

beginning on

ports,

l%c.

a

pound for cotton fabrics.
The program resembles
the wheat bounty which was applied last year in order to
cover
the errors made in that field.
In announcing the

2.10c.

a

subsidy Mr. Wallace reserved the right to change the rate
of

expressly

He

payments.

repudiated

intention

any

of

precipitating mutually injurious price competition for world
markets, and declared that the United States "has no inten¬
tion

of

seeking

has

the traditional position which this country

The
offset
existing price disparities and maintain American cotton in
a competitive position.
The hope was expressed that the
need for subsidy payments will prove temporary.
The Sec¬
retary made it plain that he looks hopefully toward the
coming international cotton conference, in which he saw
the possibility of an effective and equitable agreement.
"I
am certain that the United States will do all in its
power to
in

occupied

bounty

is

the

designed,

bring about such

markets of

cotton

according

world.

the

Wallace,

Mr.

to

to

serve the intended purposes.
It was also added,
however, that the step was decided upon "with a view to
better safeguarding and promoting American interests as
new
developments may require."
This phrase quite obvi¬
ously conveys the real sense of the Administration action.

As though to dispel

goods are under study, along with
gold and silver from Japan.
The

For

the

second

within

time

three

United

the

the countervailing duty

authority in apparent protection against subsidized exports
from

other

was

to

the

reached.

the

of

the

United

States,

before the

silk components

of

to

are

of

mum

of

estimated to

the

deposit

and

yarns

materials.

the

cover

duties,

and after adjustment of
adjustment will be made.
The

the

component

sums

Im¬
maxi¬

the

silk

previous

of countervailing duties was announced last
April, when
general 25% increase on all dutiable German wares was

indicated.

The

Washington
adopting

thought has been expressed unofficially, in
that the Roosevelt Administration is

reports,

such

measures

aggressor States.

economic

as

"sanctions"

aganist

In view of the denunciation of the United

States, trade treaty with Japan, this possibility apparently
be reckoned with, although the steps in
every case

must

well

were

the
is

based.

If

the

reports have

purely protective function

being distorted into

cal

pressure,

validity,

any

then

of the countervailing duties

instrument of international politi¬

an

which easily might entail repercussions

of

a

disastrous nature.

be that the steps have the approval of the; American people,
there is no evidence of that.
The circumstance must

be

emphasized

resentment

within

United

the

States

against

being

course

taken by aggressive Japan against the
pacifically inclined Chinese people occasioned a step in
Washington on July 26 which is of the gravest importance.
The Roosevelt Administration suddenly notified
Japan that
the trade treaty of 1911 is to lapse in six

months,

being the period

for

a

denunciation

to

become

Roosevelt

that

effective.

This step

notwithstanding the fact that

our

entanglements, turned

be

out

are

censorship,

China exceed

This

our

stronger and

were

applied
a

might

be

short

measures
mere

notified
of

words."

war,

German

"economic

merchandise

The

of

inci¬

sanction."

It

is

In Japanese

cause.

were

said to be study¬

United

States, if discrimination develops when the treaty

economic retaliation

of

means

against

the

actually lapses.
Far

In

East

some

respects the Far Eastern situation overshadowed,
in July, the Danzig crisis of the
European democracies and

dictatorships.
pacific
nificant
and

The

China

most

lated

developments

important

as

unquestionably

indicated previously in

careful

British

be

must

Japan

this

foreign policy

a

study.

tendency

The

to

highly

recorded.

The

is

House of Commons

changed,

to

credit

Tokio

that

which deserves the

move,

development is that of a
with Japanese demands at

on

Prime
before

Anglo-Japanese conversations in

July 21, in agreement

declaration

bears

policy

statement.
on

This

review, clearly

July 24 that British policy has
experts are not inclined

on

but foreign

resulted,

de¬

regu¬

second

comply

not

sig¬
first

American

the

Tientsin, and for that matter in China generally.
Minister Neville Chamberlain insisted in a speech
the

and

but two

on

the character of
most

aggressive

briskly,

July 26 of the trade treaty which has
commercial relations with Japan since 1911.

our

step,

between

war

continued

was

new

nunciation

which

announced

was

to a

as

prelimi¬

London

in

and

July 24.

Although Mr. Chamberlain insisted that
the declaration does not impair Great Britain's
right to
extend financial aid to China, it is altogether obvious that
most decided loss

a

the
tion

over

lack

a

of "face"

This

occurrence.

of

also

in

is

the Far East

indicated

by

must follow

British

irrita¬

prior

knowledge about Washington's
of the United States-Japanese trade
treaty.
London dispatches stated, in the closing days of
July, that
denunciation

Great

Britain

Tokio

In

the

Neville

would

never

conversations

declaration,

Chamberlain

made

intimations

the
had

concessions

of

been

available

Prime

Minister

measure.

announced

as

in

have

if

London,

the

by

British

Government

"fully recognize the actual situation in China, where hos¬
tilities

obvious,

how¬

long

a large scale are in progress, and note that as
that state of affairs continues to exist the Japanese

on

as

forces

serious, for

of

Foreign Relations Committee

was

possible

ever,

ate

and

ing all

silks

that the step now taken against Japan is far more
the surrounding circumstances made it quite
clear that a sharp rebuff to Tokio was intended.
The Sen¬

reported fully

natqral, for British inter¬
by tenfold, and the action in

appreciated, and the authorities there

Italian

and

all

official circles the unfriendly nature of the action was fully

but

impression, moreover, that countervailing

on

of

sort

nations

"many

effective than

more

dent bolsters the

duties

by

for

is

own

concerning the American

aggressor

last venture into foreign

utterly disastrous

Washington will tend to aid the British

proclaimed

that

to

the news was

universally acclaimed.
ests in

the

opinion

are

kind of crusade

a

Foreign reactions to the latest American step
developing.
In Great Britain, where there is no

plainly is an outgrowth of the thought expressed
in the President's message to Congress on Jan.
5, when he
American

associates

his

and

against aggressor nations of the present moment of history,

Tokio

American-Japanese Relations

Mounting

Mr.

that

leading the United States willy-nilly into

nary

the

the Roosevelt Ad¬

by

but

use
a

taken

thus

remain

decision

The extra import duties are to become effec¬

13, and they will be assessed in accordance with

precise

porters

to be added, according

bounty or subsidy paid by the Italian
shippers.
According to Washington dis¬
investigation was made in Italy by commercial

an

tive Aug.

importations from Italy, it

to

representatives
was

silk

extra impost is

an

amount

Government

patches

On

countries.

announced,

action

possible embargo on

a

"short of war," but there is no
denying the gravity of the measures and the dangers of
American involvement in the Far Eastern, conflict.
It may

official
months

of

course

ministration may

still
Countervailing Duties

States Treasury on July 5 utilized

lingering doubts in Japan, Secre¬

any

tary of the Treasury Henry Morgenthau Jr. made it clear
on July 27 that
countervailing duty penalties on Japanese

concerned.

agreement," Mr. Wallace said.

an

will better

exports

than its fair share of cotton

more

measured by

as

5

MONTHLY REVIEW

Aug., 1939]

in China

have

safeguarding their

special requirements for the purpose
own security and maintaining public

order in the regions under their control, and that
they have
to suppress or remove such causes or acts as will obstruct

was considering a resolu¬
Senator Pittman, Chairman of the group,
embargo on shipments of all war materials to Japan,
when the State Department stepped into the matter and
notified Japan of the abrogation of the commercial accord.
Such abrogation is a necessary preliminary to the kind of
embargo contemplated in the Pittman resolution, which

the above-mentioned objects by the Japanese
forces, and
they will take this opportunity to confirm their policy in
this respect by making it plain to British authorities and

thus

British

tion presented by

them

for

further stated that

an

stood

revealed

as

an

Administration

measure.

benefit

or

ing any acts

their

measures

or

nationals

in

The situation in the Far East also indicates
clearly that
the economic measure clothes a political move against the

such

Japanese Government and the military faction of that coun¬
try which has been waking an undeclared war against
China

for

more

than

two

In

years.

Tokio conversations

between British and Japanese representatives
tsin

question,

which
a

on

the Tien¬

preliminary principles have been laid down

compromise the British position in the Far East to
degree.
While the Japanese were rejoicing about

grave

and

The
mere

statement

foreword

Tientsin

are

their

fresh

"victory" over the British and were preparing for
steps against foreign interests in China, Secretary of
State Cordell Hull exploded his bombshell of the
treaty

blockade

denunciation.

intrigues.

it

Japan

will

The incident is significant also in the sense
end

abruptly a propaganda campaign within
which misled the people there into the belief that

the United States did not view in
incursions

Needless to

of

Japanese

say,

an

militarists

correct forms

were

unfriendly
on

manner the

Chinese

territory.

observed in the abro¬

gation of the pact, the action being attributed in the note
to

Japan to

a

desire to amend such documents




so

that they

it

British

Government
countenanc¬

that

they should

Whether

ultimately

may

this

mean

refrain

from

declaration

remains

will

for

the

For the time

being it should be noted
that the declaration conforms to the Japanese
requirement
for generalities before specific matters are considered.
to

by

Prime,

the

Minister

Tokio talks

under consideration.

treaty port
"blockaded,"

that

measures."

what

The

prejudicial to the attainment of

China

future to determine.

stand

and

acts

enemy."

tMy^have "no intention of

was

at

Chamberlain
which

was

difficulties

a

at

In that northern Chinese

the British
and
French
concessions
were
early in June, by
Japanese forces.
The
imposed when British authorities refused to

surrender four Chinese accused by the Japanese of political

although
when

Throughout
a

mild

July this blockade was continued,
relaxation was announced on July 13,

adequate supplies of milk were permitted by
Japanese to enter the foreign concessions. The British
Government succeeded in inducing the Tokio authorities to
talk this matter over, but all indications pointed to an
endeavor by Japan to turn the conversations into channels
more

the

governing the British attitude toward the undeclared

war

MONTHLY REVIEW

6

than two years.
talks finally

raging in China for more

which has been

the Anglo-Japanese

delays,

successive

After

atmosphere that could hardly be
The Japanese militarists plainly
regarded the first fruits of the Tokio talks as an encour¬
agement for their pernicious activities.
They announced
on July 25 that the Canton River would be closed to traffic
between Hongkong and Canton1 for two weeks, for "mili¬
tary reasons."
The British and French concessions on
Shameen Island, off Canton, were blockaded at the same
time.
These steps apparently presaged fresh Japanese in¬
began on July 15,

described

in an
propitious.

as

conflict were developing, the actual

Eastern

Far

the

all

British and American reactions to the

the varied

While

China.

Southern

in

cursions

had

war

of a stalemate.
All through July, as
previous months, the Chinese resistance by means

appearance

in many

activities made the Japanese "occupation" of
territory a mockery.
Long thin lines of
defending soldiers, held the invaders in check on the official
battle fronts, and there were few concentrations for the
mechanized Japanese forces to move against.
Every effort
was made
by the Japanese to halt the Chinese, guerrilla
activities, but long experience with their "War Lords" occa¬
sioned a high degree of skill among the Chinese in such
tactics, and the Japanese found their efforts of little avail.
In order to comfort their own people, the Japanese invented
tales of British antagonism and thus stirred up great hatred
of

guerrilla

Chinese

much

the Japanese people toward Great Britain.
In the
of the wave of anti-British propaganda the Japa¬

among
course

ended

have

would

remains

It

that the war in China long since
it not for British aid to China.
be noted, finally, that the conflict on the

people were told

nese

to

Russian

and

nese

Mongolia between Japa¬

and Outer

Manchhukuo

of

border

were

interruption

without

raged

forces

throughout July, each side continuing to blame the other
and insisting that great losses were suffered by the enemy

The thought was advanced that
at Changkufeng a year ago, may be
a
Soviet ruse to keep great masses of Japanese soldiers
on the border and not available for service in China.

and

by themselves.

none

this fight, like the one

European diplomatic affairs appeared to revolve, during
July, around the small Free City of Danzig, which

has be¬

important to the Polish economy since it was stripped
the German Reich in the World War settlement and

come

from

of

League

under

placed

Nations

The

control.

of

issue

aggression in Europe, and of resistance to such measures,

plainly is to be decided at Danzig, for the larger Powers
merely continued and emphasized the stands taken pre¬
viously, while preparing feverishly for the possibility of
war.
British authorities were obviously fearful of an im-'
Nazi Germany, at the start of July, for a

mediate coup by

barrage was sent over Germany from

veritable propaganda

intended

London,

convince

to

that

people

German

the

The outcome remains

Great Britain this time would fight.

uncertain, for there is no question whatever of the deter¬
mination of Chancellor Hitler to restore Danzig to German

sovereignty, probably within
Hitler

his

in

set

Austria.

In this

brief time limit such as Herr
for the previous capture of

a

mind

own

situation official

were

maneuvers

The chance

relating to war preparations and possibilities.
for
,

numer¬

enough, but far more plentiful were rumors of all sorts

ous

peaceful solution appears to rest with an agreement

a

Germany

between

In the non-aggression

alignment the fear prevailed early

July that the Danzigers, who are estimated to be 96%

in

demands of their own for

German, would make
German

to

sovereignty,

thus

making

it

appear

a return
that any

opposition by Poland or other countries is a direct viola¬
tion

the

of

Polish
with

time

principle

authorities

of

Minister

Prime

Poland's

with

agreement

finally

a

Chamberlain

firm warning

reported

Mr. Chamberlain
In

a

said
satisfactory

Joseph Beck,

British in the hope of a
A carefully drafted

Commons.

for

declaration, while

Berlin.

made by

was

the House of

.

and

at great length,

this point

Foreign Minister, Colonel

be restraining the

to

on

Neville

anxious to make

as

British

self-determination.

conferred

on

was

declaration
July 10, before

effect, he conveyed to Poland

the authority to decide whether developments in Danzig
justified the precipitation of a European war.
"Recent

in

occurrences

evitably

given

future

her

Danzig," Mr. Chamberlain stated,
rise

status

to fears
by

"have in¬

is intended to settle
action, organized by sur¬

that

unilateral

it

reptitious methods, thus presenting Poland and other Pow¬
with

ers

taken

a

by

fait accompli.

and

if

would
of

action

her

be

force.

accused

If

contemplated
considered
graver

In such circumstances aily action

Poland to restore the situation would,

gested, be represented

as

the

as an

it is sug¬

act of aggression on her part,

supported by other Powers they
of aiding and abetting her in the use
were

sequence

of

events

should

be

such as

is

this hypothesis, the issue could not be
purely a local matter, but would at once raise
on

issues affecting Polish national existence and

pendence.

We have guaranteed to give

our

inde^

assistance to

Poland in case of a clear threat to her independence

which

she considers it vital to resist with her national forces, and
we

are

firmly resolved to carry out this undertaking."
the situation thus presented the nations armed

Around

with frantic




speed and prepared to join in the two sides.
i

Germany,

leanings, but are said
be intent on remaining neutral in any
general war.
Russia remains an enigma, with AngloFrench conversations in Moscow still in progress with a
view to aligning that country on the Grand Alliance side.
Occasional reports of "progress" in the Moscow talks did
not
materialize in any understanding, possibly because
Russia is intent on remaining neutral so that any action
by Japan in the Far East can be resisted.
The British
Spain and Yugoslavia have fascist
by their leaders to

Government continues to take the initiative in

the prepara¬

resistance to German expansionism that may

tions for any

On three occasions vast aerial armadas were sent
England for extensive flights over French territory,
demonstrate the effectiveness of the British air power.

develop.
from
to

conscription was made effective on

British

July 15, when

30,000 youths reported for military service as the first
contingent of the 200,000 ordered to report this year.
The
British Parliament voted credits of £60,000,000, which are
some

Government to British
developed as to the
£5,000,000 to be granted that
country, but this is. a minor incident of the developing test
of strength.
Toward the end of July a curious incident
unsettled notions of the whole problem to some degree.
It
became known that Robert S. Hudson,
Secretary of the
British
Department of Overseas Trade, had exchanged
ideas on the relations of Great Britain and Germany with
Dr.
Helmuth Wolilthat, German
economic adviser, in a
purely personal capacity.
The rumors were that a British
loan of £1,000,000,000 might be extended to the Reich, if
peace and disarmament thus could be assured.
But Prime
Minister Neville Chamberlain repudiated all such notions
in the House of Commons, on July 24, although he was
careful to add that he saw no harm in the discussion.
Ger¬
to be

allies.

granted at the discretion of the
A controversy with Poland
and place of spending

manner

man

authorities

dubbed the reports as
Panama

Acting

fantastic.

Treaty

recommendations of Secretary of State

on

Cordell

July 25 ratified the new
treaty between Panama and the United States, which is to
regulate the political regulations of the two countries and
readjust the financial position in the only manner that is
seemly for a country that insists on the maintenance of
international pledges.
The pact was negotiated early in
1936 and ratified almost immediately by the Panamanian
defense arrangements for the
to have troubled the United
States Senate and delayed ratification here.
It appears,
however, that the two countries merely agree to consult
as to methods of meeting any threat to the canal.
Since
it is obviously and
inescapably in Panama's interest to
have the United States control and protect the canal, this
Changes

Congress.
Canal

Zone

the

in

understood

were

provision cannot be said to involve any real danger to our
Zone defenses.
A secondary convention also was adopted
by the Senate, giving Panama the right to build a highway
across the
isthmus.
Two minor conventions were not ac¬

of strain in

causes

as

a

Promul¬

July 27, and one of the

followed on

gation of the treaty
tries

important.

but they are not regarded as

cepted,

relations with Latin American coun¬

our

thus was eliminated.

group

inestimable
States at long
last the stigma of non-observance of its only international
financial pledge.
Under the new pact the United States
will pay to Panama the equivalent of 430,000 balboas an¬
nually, for the rights and privileges of the Canal Zone
which originally, under the 1903 treaty, called for payment
The financial

section of the new accord is of

importance, for it removes from the United

Poland.

and

and Tur¬

to be definitely on the anti-aggression side.
Italy, Hungary and Bulgaria are on the other.

appear

Hull, the United States Senate on

Crisis

Danzig

Britain, France, Poland, Rumania, Greece

Great

key

of

$250,000 gold annually.

the

adverse

valuation

February,

of

effect
the

1934,

States Treasury
in

devalued

upon

dollar,

and

In effect, this is a recognition of
of Mr. Roosevelt's de¬
in 1933 and 1934.
Beginning in
Panama

every

year

thereafter,

tendered to Panama payments

which

dollars,

Panama

in every

the United
of $250,000
instance re¬

contention, now conceded, was
that the pledge for payment of $250,000 in gold dollars of
1903 must be acknowledged.
A compromise solution was
arranged wliereunder the enhanced number of Roosevelt
dollars required to meet the pledge will be called "balboas."
But balboas are merely the non-existent paper media of
Panama, which are equivalent to dollars, and under the
new treaty the United States Treasury simply pays $430,000
annually hereafter.
In this manner the Canal Zone rental
is regulated on the basis of the gold content of the old dol¬
lar with which the United States was blessed before Mr.

jected.

The

Roosevelt

Panamanian

tinkered with

the currency.

financial arrangement of the treaty
is the further possibility that Panama now will be in a
better position to remedy its own default on certain dol¬
lar bonds floated in the United States.
The lack of pay¬
Contingent upon the

ments

by

treaty,
was

the United

States, in accordance with the 1903

with the default, which
complete. There are two

doubtless had much to do

partial at first and finally

direct issues

of

the

Panamanian

Government outstanding,

consisting of $3,603,000 5^s, and $11,313,500 5s.
For serv¬
ice of the smaller issue the revenues of the Panamanian
Constitutional Fund of
York

City real

$6,000,000, which is invested in New

estate mortgages,

are

pledged, along with

Government. The
interest
on the $3,603,000 5%s, but not amortization
requirements.
The $11,313,500 5s have been in complete default in recent
years, but Panama for a time made partial payments and
due frQin the United States

the annuity

Constitutional Fund revenues have sufficed to meet

issued

arrears

Since 1935 no

balance.

certificates for the

5s. Anticipating
the passage of the treaty by the United
States Senate,
Panama last April appointed a banking syndicate headed
by Hornblower & Weeks as refunding agents, charged with
the task of readjusting the dollar indebtedness of the coun¬
try, on the basis of the $2,580,000 now due and the future
payments whatever have been made on the

of the Constitutional Fund and the annuity.

revenues

Brazilian

Debts

Dollar

took

small

a

ister

Oswaldo

debt

service

step, on July 1, toward

Aranha's

of last March

to resume
Minister to Wash¬
ington, it will be recalled, terminated in an exchange of
letters with our State Department, calling for the exten¬
sion of a credit of $19,200,000 to Brazil for liquidation of
dollar balances blocked in that country, a further gold loan
of $50,000,000 from our excessive stocks of the metal, and
July 1.

promise

The visit

for

negotiations to follow
instructive
United

to

that

note

States

of the

Brazil promised little more than a resump¬

other benefits.

tion of dollar bond debt service

the

Government

on a

transitional basis, with

permanent

a

financial

so

It is

settlement.

performance of the
limited

been

far has

to

the

$19,200,000 credit, which was extended by the official Ex¬
port-Import Bank, and which is said to have been insuf¬
ficient for the liquidation of all the blocked balances.
The
remaining financial

aid

promised

to

plainly is de¬

Brazil

pendent upon congressional action, and in view of growing

acerbity
doubts

executive

of

justified

seem

congressional

and

as

relations

nal

Brazilian

obligations,

March

will

some

to early steps.

All the evidence thus points to a temporizing on
of the

Government,

on

the part

the question of its exter¬

the hope that the aid promised last
forthcoming.
When the $1,000,000

in

announced Dr. Aranha admitted that the pay¬

was

ment is

small, but he maintained that it involved

effort for Brazil, the gesture being designed

a

great

"to show the

desire of my Government to face its difficulties with Amer¬
ican

creditors."

now

expect the Foreign Bondholders Protective Council to

send

It appears,

moreover,

that the Brazilians

Brazil

for further negotiations,
traditionally ought to ap¬
proach the creditors or their representatives.
The inci¬
dent, it may be added, is highly involved and, being still
in flux, is not readily subject to competent analysis.
There
representative

a

are,

delinquent

however,

certain

ficiently regarded.
to apply

to

debtors

considerations

which

are

not

suf¬

These relate to the obligation of debtors

all available resources to the liquidation of their

pledges, especially when the full faith, credit and taxing
power of a sovereign regime stand behind the obligations.
In the case of Brazil, it is well known that full payment
of

all

its

could

foreign
of

capacity

have

transfer

the
been

now

indebtedness

country.

But

made than

would
a

exceed

better

is indicated

the

current

effort

by

assuredly
the $1,000,000

announced.
Steel

Trade—Non-Ferrous Metals

The steel trade

reported a further increase in operations
with steelmaking the highest in nearly eight months and the
domestic steel scrap market continuing strong.
The "Iron
Age" in its issue of July 27 stated in part: "Ingot produc¬
tion continues slightly ahead of orders and shipments in
preparation for sudden demands from the automobile indus¬
try.
Orders in July ran moderately ahead of those booked
in June, though the aggregate business in the week ended
July 25 was not quite as good as that of the week before.
Much of the current production is based on backlogs that
have been accumulated in structural steel, reinforcing bars,
piling and other products used in building construction
together with armament and shipbuilding requirements.
However, miscellaneous business, including various lines
of household

equipment, is making

a good
orders

showing.

Aside
mostly for
moderately small lots, on which quick deliveries are usually
demanded, indicating no surplus of consumer stocks.
Rail¬
road buying still lags, but a few secondary orders for rails
have been placed."
The improved outlook for steel produc¬
tion has given additional strength to scran markets, though
not much consumer buying has taken place.
The "Iron
Age" composite price of steel scrap advanced on July 11 from
$14.71 to $14.79 a gross ton, on July 18 to $15.04 and on
July 25 to $15.13, as compared with $14.08 at the close of
July of 1938. No change was noted in the "Iron Age" com¬
posite prices for finished steel and pig iron which remained
at 2.236c. a pound and $20.61 a gross ton,
respectively, as
against 2.300c. for finished steel and $19.61 for pig iron a
from

60.6% for the week beginning July 24 (the highest rate since
the week beginning Nov. 28, 1938), as compared with 56.4%
for the

week

beginning July 17, 49.7% for the preceding

seven-day period, 38.5% for the week beginning July 3 and
54.3% for the week beginning June 26.
At the close of
July of 1938 operations were reported to be at the rate of
approximately 37% of capacity.
As to non-ferrous metals, "Metal and Mineral Markets"

reported during the month, in part, as follows: "The buying
movement in copper that got under way in the week
July 4, when domestic sales amounted to 25,313 tons, was
to

when

total of 150,379 tons were

even

greater heights during the following

construction

year ago.




steel

tonnages,

were

week

Domestic sales of
copper, as generally anticipated, dropped to a low level
during the week ended July 18, totaling 3,597 tons. A con¬
tinued firm undertone in the domestic copper market brought
in

a

a

sold.

fair volume of business that totaled 15,721 tons for the

week ended July 25,

making sales up to that date 176,893
compared with 66,381 tons during the monthipf
June and 59,519 tons in May.
The price of copper was
raised early on July 7 from 10.00c. to 10.123^c., Connecti¬
cut Valley, and late on the same day to 10.25c., and was
further increased to 10.31c. on July 21 at which price it
tons,

held

as

during the remainder of the month.

The

copper

im¬

port tax of 4.00c. per pound was renewed for a period of two
years to June 30, 1941.
Inquiry for lead was well sustained

during the month under review, sales for the week ended
July 26 totaling 5,415 tons, against 6,978 tons in the pre¬
ceding week, 10,267 tons in the week ended July 12, 3,037
tons in the week ended July 5 and 4,524 tons in the week
ended June 28.
The quotation for lead was increased 10
points on July 31, or to 4.95e., New York, and 4.80c., St.
Louis. Sales of common grades of zinc during the week ended
July 22 totaled 14,327 tons, as against 6,366 tons in the
preceding seven-day period, 3,081 tons in the week ended
July 8 and 4,888 tons in the week ended July 1. The price
of Prime Western zinc was advanced 10 points on July 25,
or to 4.99c., New York, and
4.60c., East St. Louis. Tinplate mills in the United States were operating at about 65%
of capacity at the close of the month, with demand for tin
generally quiet, its price moving within a narrow range
closing on July 31 at. 48.45c., New York, as compared with
48.90c.

on

June 30."
Lumber Movement

be

soon

transfer

although

The operating rate of steel companies having approximatley 97% of the steel capacity of the industry, according
to the American Iron and Steel Institute, was scheduled at

carried

adjustment
of the default by that country on some $400,000,000 dollar
obligations
outstanding
at
this time.
A transfer of
$1,000,000 was announced, as a sort of "token payment,"
with the actual disposition of this relatively small sum a
matter or uncertainty throughout the balance of July.
The
money was held in a New York bank in the name of Brazil.
The transfer clearly represented a stop-gap expedient, de¬
signed to bridge the difficulty occasioned by Foreign Min¬
Brazil

7

MONTHLY REVIEW

Aug., 1939]

The

lumber

industry during the week ended July 22,
1939, stood at 69%, 73% and 81%, respectively, of the sea¬
sonal weekly average of production, shipments and new busi¬
ness in
1939, according to reports to the National Lumber
Manufacturers' Association from regional associations cover¬
ing the operations of important hardwood and softwood mills.
Reported new orders, production and shipments in the July
22 week were 30%, 22% and 21%, respectively, in excess of
the seasonal weekly average of 1938 orders, output and ship¬
ments.
Compared with the preceding week, production of
the week ended July 22, as reported by 2% fewer mills, was
3% above, shipments 6% above and new orders 6% above
the corresponding figures of
that week.
New business
(hardwoods and softwoods) was 3% above production and
shipments were 2% below output in the week ended July 22.
Reported production, shipments and new orders for the
29 weeks of the year to date were 21%, 16% and 14%, re¬
spectively, above the corresponding figures for the same per¬
iod in 1938.
New business and shipments for the 29 weeks
of 1939 were 7% and 5%, respectively, above output.
During the week ended July 22, 1939, a total of 514 mills
produced 246,938,000 feet of softwoods and hardwoods
combined; shipped 242,278,000 feet, and booked orders for
253,673,000 feet.
Revised figures for the four preceding
weeks follow:
No. of

July
July
July
June

Production

Shipments

Week Ended

Mills

(Feet)

{Feet)

(Feet)

15 1939-..

524

240,191,000
157,985,000
225,933,000
235,721,000

228,572,000

239,861,000

172,244,000
239,005,000

208,968,000

232,410,000

249,842,000

8, 1939.

527

1, 1939

509

24, 1939

537

Hides,

Orders Received

241,948,000

Leather and Footwear

The First National Bank of Boston in its "New

England

Letter," under date of July 31, discusses these markets

as

follows:
"Shoe manufacturers

approaching the period when the
production of fall shoes usually reaches a peak.
The decline
which normally takes place in June was eliminated this year
by reason of the excellent retail trade in white footwear,
are

which caused sizable repeat orders for

summer

shoes to be

placed for immediate delivery.
Furthermore, many manu¬
facturers started producing fall footwear a few weeks earlier
than usual in view of the uncertainty regarding wages and
hours later in the season.
The run accordingly may be
concentrated more heavily than usual in the third quarter,
with the customary sharp decline in output during the final
three months of the year.
"Total production for the second half is expected to fall
below the first six months when output was 13% above a
year ago.

A continuation of that rate would

carry

the annual

total up to a new high figure and such a record does not seem
warranted by the level of national income and the outlook

for

general business.

Inventories of jobbers and retailers,

MONTHLY EEVIEW

8
however,

estimated to be not burdensome although ade¬

are

booked ahead for several

quate, and many producers are

placed in June at steady prices.
Other
tending to shade their quotations in an
effort to develop new business, particularly in women's lines.
"Much of this season's sole and upper leather business had
weeks

orders

on

Prior

30.

June

units

to,

and

following

the

decision of

International Rubber Regulation Committee to increase

the

export quota from 55% to 60%, effective imme¬

the rubber

had been gen¬
would only apply to the
fourth quarter, and would leave the third quarter quota
been placed by the end of June and new orders this month
at 55%.
In the closing days of the month the market
have' been relatively small.
Prices recently have been steadied perceptibly, due to covering purchases, buying by
marked up in line with higher quotations on raw stock and. foreign dealers, and the growing belief that if present con¬
production schedules have increased seasonally.
Sales at sumption prospects materialize the increase in the export
the advanced price levels, however, have been in small vol¬
quotas will have no serious effect on the statistical position
ume and unfilled orders
are tending to decline.
Tanners' of the market.
Ribbed smoked sheets for spot delivery were quoted at
holdings of hides are relatively light but with most of the
trade adopting a cautious attitude in making commitments
16%c. asked July 31 against 16%c. asked June 30;
for raw stock until the outlook for shoe production after
16 ll/16c. asked May 31; 16c. asked April 29 (April 30 was
Labpr Day has been clarified, future purchases of leather
Sunday); 15%c. asked March 31; 16%c. asked Feb. 28;
and hides may depend upon the receipt of repeat orders for
15 13/16c. asked Jan. 31.
manufacturers

are

diately, a fair-sized reaction took place, as it

erally expected that the increase

shoes.

Grains

"Hide prices

have been strong and tanners have paid 12
cents per pound for moderate quantities of June and July
take-off of light native cows as compared with a low for the
year of 9% cents in April.
The futures market has not risen
proportionately but is at the highest level in four months."

A

towards the close enabled

rally

suffered

had

"futures" ruled steady during the
early part of the past month, subsequently reacted and
recovered again.
There was an active demand for refined
during the early part of the month, with indications
buyers were working with abnormally low
stocks.
Furthermore, holders of raws were reluctant sell¬

sugar

refined

that

ers,

there

and

were

that the long-awaited

reports

Cuban

kets

together with favorable weather conditions for

paving the way for revision of the reciprocity treaty and
the duty reduction.
However, scattered selling was subse¬
quently prompted by the belief that the statistical position
domestically was not improving as expected, while, accord¬
ing to reports, there was an apparent determination on
the part of beet processors to distribute their entire quota
this year despite the competitive conditions in the cane
by

A

division.

refiners

subsidence in offerings and covering
during the latter part of the
On July 29 the International Sugar Council, meet¬

shorts

month.

caused

a

rally

slash in the basic sugar
agreement year which begins
Sept. 1.
It announced that on the basis of data available
June 24 the consumption requirements of the free market
would amount to 3,218,000 metric tons; moreover, require¬
ments of the second quota year would exceed export quotas
by 38,000 tons, or a net demand for 1939-40 of 3,256,000
tons, of which 3,111,000 would be supplied by producers
other than empire areas, leaving 145,000 tons to the lat¬
ter.
As the quota for the third year was 3,647,500 tons,
this was equivalent to a reduction of 536,500 tons.
Sales
of Cuban raw sugars consisted of the following, all c. & f.
exclusive of duty:
On July 10 August shipment at 2.00c.;
on July 12 prompt shipment at 1.95c.;
on July 14 August
shipment at 1.95c.; on July 18 August shipment at 1.97c.;
on July 19 August shipment at 1.98c.; on July 20 first half
August shipment at 2.00c., and August shipment at 2.00c.;
on July 21 August shipment at 2.00c., and on July 25 first
half August shipment at 2.02c., and August shipment at
2.03c.
The wholesale list price for refined, immediate de¬
ing

London,

in

made

severe

a

for the third

export quota

as

been reduced

quarters

reaction, and
subsequent sharp rally.
Reports from Brazil were that
quality coffees would not be plentiful this season because
of recent adverse weather in the growing districts.
In fact,
continuous
duction

of

rains

said

were

have reduced

to

both the pro¬

quality.
Interest from roasters showed signs
moderately, this being reflected in a more

and

broadening

active demand for

No.

June

on

as

Santos

7

(April 30
same

No.
on

as

7

30,

was

sjpot coffees.

was

quoted

against

Sunday)

;

on

which

gradually whittling down the amount of "free
10 the United States Department of
Agriculture estimated the winter wheat production at 537,767,000 bushels and the spring wheat crop at 178,888,000
bushels, making a total indicated production of 716,655,000
bushels.
The carryover at the end of the 1938-39 season
is estimated at 265,000,000 bushels, so that a total supply
of 981,000,000 bushels is in prospect for the season.
Sub¬
tracting estimated domestic requirements of 700,000,000
bushels, there will remain 281,000,000 bushels for export
and carryover.
Since the Government is continuing its
export subsidy program, it was pointed out that there was a
good possibility of the carryover being substantially re¬
duced this year.
Corn, oats and rye followed the trend of
"wheat.
At times corn displayed more weakness than other
was

supplies."

On July

grains, due to favorable wreather conditions and prospects
for

bumper
July 1

a

of

The Government's estimate of the crop

crop.

to a yield of 2,570,795,000 bushels,
2,542,238,000 in 1938.
In Chicago the September wheat option closed on July 31
at 65% c. as against an opening price of 72% c. on July 1.

as

compared

pointed

with

Rio

was

31; 6%c. April 29
6%c. March 31; 7c. Feb. 28, the
May

on

July 31 at 5%c., the same

as

April 29

31; 5y8c. Feb. 28; 5%c. Jan. 31.

rubber

ruled

steady

September

Day).

in

Chicago

July 1. September oats closed at 28c. as compared

on

opening of 30 %c. on July 1.

an

corn

July 31 at 42%c. compared with an opening of

on

at 41 %q.

as

September rye closed

compared with an opening of 46%c. on July 1.
Textiles

The textile trades

improved moderately, partly as a re¬

sult of seasonal influences,

mistic
tail

views concerning

trade

and, in part, due to more opti¬

the nearby

business outlook.

gave

a

fairly satisfactory account as

during the first half of

Projects

the decline in the

were

prices of farm products, with their ensu¬
on the buying ability of segments of the

Wholesale trading broadened perceptably as

populace.

re¬

tail merchants,

encouraged by better sales figures, coupled
absence of excessive inventories, proceeded to

vdth

the

Some

caused by the upheaval in the.
Administration employment situation, and

misgivings, however,
Work

Re¬

favorable
conditions, prevailing in most sections of the coun¬

weather

the

cover

Rubber

Crude

with

opening of 60%c. in July 3 (July 1 a holiday in

an

ing adverse effect

quoted

June 30, against ^V^c. May 31, the same as on

and March

Winnipeg the October wheat option closed at 53%c. as

against

try, stimulated the sale of vacation and travel items.
July 31 at 6%c., the same

6%c.

Jan. 31.

on

that the production outlook

by the dry spell.

,

48%c.

early part of the month was followed by a

Northwest spring wheat

had
In the third place, it was
reported
that
representatives of
the major exporting
nations, who were meeting in London, had agreed in prin¬
ciple to the necessity for an export quota.
Fourth, buying
on
the part of millers and bakers developed considerable
activity.
Fifth, and the most important, were the activities
of the Government to sustain prices.
Indications were that
a
large movement of wheat was taking place into the loan
conservative

in

month.

"futures" during the

the

proving disappointing.
The Canadian crop was also
be badly in need of moisture, and it was believed

closed
Coffee

in

said to

Canada—Dominion

Steadiness in the market for coffee

tension

easing

of

damage in a number of localities where threshing returns

At

18,

result

Drought and heat were said to have inflicted severe

when it wras quoted 4.30c. to
4.40c., at which figures it remained during the rest of the
July

until

range

a

ditions turned less favorable in the

livery, was quoted at 4.45c. to 4.50c. until July 10, when the
range was lowered to 4.35c. to 4.40c.
It continued at the
latter

liquidation during the
Speculative interest in the mar¬

situation.
The subsequent recovery in
prices was attributed to a number of factors.
First, the
market appeared to have reached an oversold position with
a technical rally at least overdue.
Secondly, weather con¬

were

State Department

declined

also

ditions laid

States

month.

the.past

European political

belts.

by the United

of

earlier part

early part of the month.

duty change would soon be forthcoming.
It was reported
that the Cuban Government had virtually accepted con¬
down

the

prices, heavy accumulations of domes¬

growing crops prompted active

the

The market for sugar

during

The decline in world

tic supplies,
Sugar

•

prices for wheat in
sharp declines they

domestic markets to regain part of the

their requirements

tions in

a

for August and September promo¬
At the same time wholesalers,

substantial way.

price

advances,

partly

publication of the United States consumption figure for
June, amounting to 47,259 tons, which was an increase of
6%% over the previous month, and exceeded trade esti¬
mates by a substantial margin.
The better tone of the
security markets also helped to improve sentiment, as did
the tire production figures for June, revealing a decline
in tire inventories from 9,918,759 units May 31 to 8,803,924

tively wide fluctuations, but at the end of the month prices




under

stimulus

the

of

scattered

period under review, and trading activities broadened sub¬
stantially, with buying by factories and dealers assuming
considerable proportions.
A constructive factor was the

entered the market for considerable quantities of goods for
the

holiday

showed

season.

Raw cotton in July experienced rela¬

During the early part of
which was followed
by a sharp decline^ but a subsequent recovery wiped out
part of the losses.
Supporting factors in the first part of
only small net changes.

the period a good rally was in progress,

the

month

were

the

continued

scarcity

of

available sup¬

plies in commercial channels, the expectation that the im-

pending export subsidy would

prove
the staple into

a

powerful stimulus

foreign consumption,
the continued high activity of domestic spinners, and scat¬

for

the

of

movement

predictions that the new crop might fall short of
the prospective United States consumption of the staple.
The downward movement in prices, which developed during
the second third of the month, was in the main due to the
absence of concrete advices regarding the export subsidy
tered

outlook
for the new7 crop, with the high temperatures and fair
skies prevailing in the eastern and western part of the
belt, being looked upon as having substantially reduced the

plan, and to much improved reports concerning the

Initial hedge selling against

danger of weevil infestation.
the

new

and

crop,

also served to

the month
cated

on

from

the

the continued ;lack

depress sentiment.

of

export demand,

During the last third of

substantial rally got under way,

a

the

chiefly predi¬

expansion in the foreign demand fol¬
lowing the release of the export subsidy details, and advices
sudden

South

less favorable light on the de¬
with heavy rains in the East
and a developing drought in parts of the West being re¬
garded as portending serious threats during the present
critical stage of the crop.
Spot cotton here in New York
was
quoted at 9.71c. July 1, from which point the price
advanced to a high of 10.02c. July 10.
A, subsequent decline
carried the quotation to a low of 9.34c. July 20, but a
later rally resulted in the price recovering to 9.78c. July 31.
The gray cloths markets displayed a much improved tone,
and
trading at times reached considerable proportions.
Print cloths at Fall River for 28-inch 64x60's on July 26
advanced
from
3%c. to 3%c., at which figure it stood
July 31.
The price of 27-inch cloth G0x64's was 3%c.
July 31 as against 3%c. June 30, while Osnaburgs remained
unchanged at 6%c. July 31.
The report of the Census

throwing

velopment of the

Bureau,
while

issued

new

July

revealing

a

14,

and

seasonal

covering
decline

the

in

month

the

of

United

June,
States

of the staple as compared with the previous
month, again showed a large increase over the correspond¬
ing month of last

year.

given as 578,448

bales

of lint

605,353

bales

with

The amount consumed in June
and
of

was

71,655 bales of linters,

lint

and 73,622 bales of
May, 1939, and 443,043 bales of lint and 56,788
bales of linters in June, 1938.

linters

The

in

woolen

goods

markets

were

seasonally quiet.

formal introduction of next year's lines of

The

tropical worsteds

and

gabardines, at moderate advances over last year, re¬
in some initial orders, but,
otherwise, little actual
business developed, although mill operations remained at
satisfactory ratios, because of the carrying out of older
sulted

contracts

fall

goods.
An improved call existed for
material, with garment manufacturers show¬
ing increased interest in offerings of both dress goods and
coatings.
women's

on

wear

Japanese double extra 13-15 deniers
at

$2.70@$2.75

against

were

quoted Julv 31

$2.51@$2.56 June 30; $2.58@$2.63

May 31; $2.46@$2.51 April 29 (April 30 was a Sunday) ;
$2.10@$2.24 March 31; $2.20@$2.25 Feb. 28 against $1.95@
$2.00 Jan. 31.
In

the

of the

20-22

deniers Japanese crack double
$2.58@$2.63 July 31 against $2.49@
$2.54 June 30; $2.56@$2.61 May 31; $2.39@$2.44 April 29;
$2.13@$2.18 March 31; $2.25@$2.30 Feb. 28; $1.96@$2.01
extra

case

were

quoted

at

Jan. 31.
Petroleum

and Its

Products

High light of the developments in the domestic petroleum
industry during July was the decision handed down by the

United States Circuit Court of Appeals in
Chicago in the
closing week of the month which reversed the conviction
of

five individuals and 12 corporations in the
Madison,
Wis., conspiracy trials of last year.
The defendants had
been fined just a year ago when a
jury convicted them of
conspiracy to raise and fix Midwest gasoline prices, each
individual being fined $1,000 while the
companies paid
levies of $5,000 each.
Judge J. Earl Major wrote the decision, a 25,000-word
ruling, which was concurred in by Judges William M.
Sparks and Otto Kerner.
Judge Major's opinion said in

part:
was

the Midcontinent Oil Co.
The United States Circuit Court
of Appeals remanded the cases to the Federal District Court
at

Madison,

Wis.,

for

At

trials.

new

month-end,

the

United States Department of Justice was still studying the
Court's decision and had not announced whether or not it
would carry

the fight to the United States Supreme Court.

The original case was one of the largest

prosecutions ever
the Government under the Sherman anti¬
trust laws.
The original indictment named 24 of the in¬
dustry's leading companies, 56 individuals and three trade
publications, all of whom were charged with acting in con*~
spiracy to raise and fix prices of gasoline in the Midwest
in violation of the Federal anti-trust statutes.
Forty-six
of the defendants were convicted in
January, 1938, but of
these, Judge Patrick T. Stone, who presided, dismissed 11,
granted new trials to 18 and then fined the other 17.

attempted by

The

final week of the

month

also

brought with it the

introduction of sweeping legislation which would give the
Federal Government control over the
production methods
in natural gas and petroleum fields, introduced in
Congress
by Representative Cole at the request of President Roosevelt.
In seeking consideration of such

legislation, President Roose¬

velt pointed to the report of the National Resources Com¬
mittee on the problems of the oil
industry and

sought to
Congress conduct a further study of the situation
during the summer and fall.
The bill, according to
present plans, will not be taken
into consideration
during the current session but instead
will be handled by a special House Interstate Commerce
have the

sub-committee

which

will

conduct

an

report at the next session of Congress.
under the direction of
Representative
the Chairman of the sub-committee.
has been promiment in House bodies
for some time.
While

the

bill

makes

no

investigation and
The probe will be
Cole

who

will

be

Representative Cole
handling oil legislation

attempt to control

the

supply

of

petroleum through the establishment of production,
marketing or transportation quotas, its terms make such
action possible ultimately.
Under the broad powers which
would be granted to the Federal Government in
preventing
possible "waste" of crude oil, the way is open for control,
direct and indirect, of production and other
phasae of the
industry by the Federal Government. The bill would set
up an office of Petroleum Conservation within the Depart¬
of the

ment

Interior.

This

office would

be

headed

by a
determine
being produced wastefully in any
field, and with broad powers to issue regulations designed
Commissioner,

who

would

have

the

power

to

whether oil and gas were
to end such waste.

The bill

provides that the Commissioner, when he dis¬
in production, notify the State in which the
field was located and the
operating company concerned and
give the company fair opportunity to rectify the matter by
making certain "specified" corrections which will bring pro¬
duction into line with the regulations of the Federal
agency.
If, however, these corrections are not made to the satisfac¬
waste

covers

tion

of

the

Commissioner, he then "could institute legal
compel the prevention of waste." The terms of the
bill provide that violations of the Act and
regulations issued
by the Commissioner lay the offending party or parties open
to fines up to $1,000 for each
day during the violation and
imprisonment of not more than two years.
The bill also
action to

would make permanent the
extended by the Congress.

Connally hot oil bill, recently

Bitter attacks upon

the r: fining branch of the industry
by member and guest speakers high lighted the two-day
meeting of the Interstate Oil Compact Commission in
Santa Fe, N. M., on July 19 and 20.
The failure of the
refining end of the industry to cooperate with the producing
division, which for years has fought to hold down production,
was
severely criticized by C. F. Roeser of Fort Worth,
President of the Independent Petroleum Association of
America, who declared that the failure of the refiners to
hold down their operations imposed "a fine of
$10,000,000
monthly" upon the producers.
M. White of the United States Bureau of Mines
another speaker to take issue with the refiners.
The
Government representative told the assembled
delegates
that unless refiners made adjustments within their
A.

was

"The
it

Arnott, Socony-Vacuum Oil; H. T. Ashton, Socony-Vacuum;
P. E. Lakin, Shell Petroleum, and Robert E. McDowell of

a

crop,

consumption

compared

9

MONTHLY EEYIEW

Aug., 1939]

case

per se

submitted to the jury on the
theory that
violation of the Sherman anti-trust law.
We

was

hold it should have been submitted on the
question of the
reasonableness of restrictions in interstate commerce.
It
was the
Government's position that the
combination, to¬
gether with the manner in which it was carried into effect,
constituted a violation of the Anti-trust Act.
Under this

theory, the character of the restraint was not a jury issue.
On the other hand, it was the contention of the
appellants
that the purpose of the combination was to remove
surplus
gasoline which it claimed was a competitive abuse and that
in so doing the statute was not violated.
"The District Court charged the jury on the
Government's
theory; that is, that the combination was illegal as a matter
of law and the jury
was#not permitted to inquire into the
character of the restraint'imposed on interstate
commerce."
Judge Sparks in concurring said that he believed the venue
"of the prosecution was improperly laid in the
Western
District of Wisconsin."
The five individuals who had appealed their $1,000
fines
R. H. McElroy Jr. of the Pure Oil
Co.; Charles E.

were




position
find

during the next 30
itself in the

same

or 45 days, the
industry would
dilemma as during 1937, when the

approach
period of low consumption of motor fuel—the industry's
money product—found refiners with top-heavy stocks as
a result of their excessive operations.
He pointed out that
in order to maintain orderly
marketing conditions, stocks
of gasoline should be no higher than
65,000,000 barrels on
Sept. 30.
Ernest O. Thompson, Chairman of the Commission and
of the

also
at

a

the

member of the Texas Railroad Commission, presided

quarterly meeting of the

sentatives
member to

from

all

member

group

States

which

attend.

saw

repre¬

The

latest

join the group, Michigan, was represented by
P. J. Hoffmaster, Director of Conservation.
Kansas was
represented by A. F. Schoeppel, Chairman of the Kansas
Corporation Commission; Oklahoma by Governor L. C.
Philips; Colorado by Warwick Downing, and New Mexico
by Governor John Miles.
At the same time as the Santa Fe
meetings, President Roosevelt signed the resolution whereby

MONTHLY EEYIEW

10

Continued expansion in domestic demand for gasoline
the record-setting pace thus far this year is indicated

Congress extended permission to the oil States to organize
in the group for two years.
Louisiana made headlines during the month when Governor
Earl D. Long requested the resignation of Commissioner W.G.
Bankin of the Louisiana Conservation Department.
One
day after he had turned in his resignation as requested,
Mr. Rankin was called as a witness before the Special Federal
Grand

investigating reports of hot oil dealings in
to his resignation he had been under
the State and Federal administrations.
Long appointed State Senator Ernest Clements,

Jury

Louisiana.
fire

Prior

both

from

Governor

Chairman of the Senate Conservation Committee, to

suc¬

ceed Mr. Rankin and announced that Dr. J. A. Shaw would

head of the Commission's mineral division.
Announcement was made in the closing week of July

be retained

that

as

18 would be the date of the next State-wide
proration hearing of the Texas Railroad Commission in
Austin.
In making this announcement, Chairman Lon A.
Sept.

disclosed

Smith
tension

the

of

that

another three-month

he favored

ex¬

production week.
"The
Railroad Commission will take no cognizance of the Rowans
and Nichols case," he said, "until after the Federal Court
to which it has been appealed to acts.
I am in favor of
another three months' order, for I believe it is very helpful
current

five-day

and aids stability."
The fall hearing of the Railroad Commission will provide

ample opportunity for a review of the situation, he pointed
The Commission, should the Court decision be an

out.

adverse one, has ample time t© revise the proration rules
to conform with the Court's orders.
In the meantime,

however,

change is contemplated, he said, adding "I
we
have any right to interfere in the
situation as it now stands.
If we were to do it, it would
reopen the entire situation."
Daily market demand for crude oil during August was
placed at 3,521,900 barrels in the regular monthly domestic
market survey released by the United States Bureau of
Mines.
The total for next month represents an increase of
8,700 barrels over the current figure and is 19,200 barrels
above the actual demand for the comparable month a
year
ago.
The estimated runs to stills of 104,080,000 barrels
is 2,728,000 barrels higher than the actual
figure for August
don't

a

no

think

that

year ago.

The

August crude oil production quota for California

was

increased to 598,300 barrels daily by a month-end order of
the Central Committee of California Oil Producers.
The
new

quota compares with the figure for July of 595,000

barrels daily.
At the same time the Committee voted to
reduce the minimum
quota to be assigned to any one well
from 250 barrels daily to 240 barrels
daily.
A proportionate
decrease was also made in allocations to wells which in

July were given an allowable of less than 250 barrels although
no
change was made in marginal wells.
With Illinois weekly setting new high production totals,
crossing the quarter-million barrel level by month-end,
daily average production throughout the United States
showed sharp gains during July as
compared with the pre¬
vious month.
Figures compiled by the American Petroleum
Institute showed that production for the
July 22 period
[latest figures available—Ed. note] of 3,583,750 barrels
daily was more than 120,000 barrels in excess of the July 1
daily average of 3,463,000 barrels.
Stocks of domestic
and foreign crude oil on July 15 were
268,119,000 barrels,
against 272,297,000 barrels for the week ended June 23,
a decline of more than
4,000,000 barrels.
The Mexican situation was
anything but bullish at monthend as Secretary of State Hull met
questions as to the
reported breakdown of negotiations between Donald R.
Richberg, representing the American and British oil com¬
panies affected by 1938's $500,000,000-expropriation decree
of the Cardenas
Administration, by saying that the United
States Government was still
"discussing the problem."
Earlier in

the month

President Cardenas told the United

Press that all
for losses

foreign investors would be paid within 10 years
resulting from expropriation of properties in which

they had stock.
Price changes posted during the
month, showing the trend
of the major markets, follow:
July 17

Caddo Crude cut the price of crude oil in the

pool in north Louisiana 10

July

18—Tri-Lakes

cents to

Corp.

95 cents

advanced

prices 5 cents a barrel to 83 cents

a

a

new

Shreveport

barrel.

Bloomingdale,

Mich.,

crude

oil

barrel.

Most encouraging development in
was the decline of

the refined products
approximately 3,750,000 barrels
during
the July 1-22 period.
Refinery operations held practically
mon^h but rising demand
pared stocks
to 77,960,000 barrels by the
July 22 date.
Economists
continued_ to warn the industry that unless refinery opera¬
tions are held down, stocks will be in a
top-heavy position
when the low consuming season is at hand.
Price changes during the month were
mostly local in
nature, although there was some weakening in retail prices
branch

in

inventories of finished and unfinished motor fuel

in the Manhattan and Bronx boroughs
by Socony-Vacuum
Oil in New York City at month-end.
Earlier in the month
retail prices weakened somewhat in Texas but on the

over

in the

August market demand estimate of the United States
Total demand in the home market for
fuel will be 52,900,000 barrels during August, which

Bureau of Mines.
motor

the comparable period last year. Motor
placed at 4,200,000 barrels for the coming
month, approximately the same figure as ruled during July,
but 629,000 barrels less than the total recorded for August,
is 5% ahead of
fuel exports were

1938.

,

Representative price changes, showing the trend of the
Nation's major refined product markets, follow:
July

5—Socony-Vacuum Oil Co. cut tank-car prices of a,ll grades of gaso¬
gallon throughout New York and New England with the

line 2-10 cents a

New York and areas where the price already is de¬
Other companies followed the reduction.
of one cent a gallon in tank-wagon and retail
prices of gasoline throughout Texas was posted by all major distributors.
July 17—a general advance of % cent a gallon in the tank-car prices of
light fuel oil was made in the New York-New England markets.
July 24—Socony-Vacuum cut minimum retail prices for gasoline from
16.8 to 16.4 cents a gallon in the boroughs of Manhattan and Bronx,
exception of western

pressed, effective July 6.

juiy g—A general reduction

effective July 25.

THE JULY FINANCING

The Treasury

OF UNITED STATES TREASURY

confined its July financing operations to that

type of money raising which is bulking increasingly large in
appeals to the market. That is to say, the Treasury on
its own account, was content with rolling over the $100,-

its

discount bill maturities, but for govern¬
agencies it took more than $200,000,000 of funds
from the market.
And the new spending-lending bill which
was under consideration by the Congress following its intro¬
duction on July 10 would extend the scope of the public
debt beyond the regular budget.
The principal agency operation in which the Treasury
engaged was the public offering on July 23 of $200,000,000
of notes on behalf of the Commodity Credit Corp.
Dated
000,000 weekly
mental

Aug. 1, 1939, the notes bore interest from that date at the
of Y%% a year until maturity on Aug. 1, 1941.
The
notes, offered at par and accrued interest, were fully and
unconditionally guaranteed both as to principal and interest

rate

by the United States. They were exempt from all taxation,
Federal, State and municipal, except surtaxes, estate,
inheritance and gift taxes.
The notes are known as series D.
It was indicated at.the Treasury on July 20 by Secretary
Henry Morgenthau Jr. that the proceeds of the notes would
be used to purchase from banks loans, made by them on
corn, cotton and wheat, which begin to fall due on July 31.
Mr. Morgenthau took occasion on July 20 to urge Congress
to pass the measure appropriating $119,600,000 for repairment of the capital deficiency of the Commodity Credit
Corporation.
Last year a $94,300,000 deficiency of the cor¬
poration was made good by appropriation.
The last previous
offering by the CCC was on May 2,1938, when $206,000,000
of one and one-half year %% notes were issued, of which
$147,744,000 was for cash. At his July 20 press conference
Mr.
Morgenthau, replying to a question whether the
Reconstruction Finance Corporation would soon enter the
capital market, said:
"No consideration is being given at
this time to RFC financing."
Mr. Morgenthau also announced on July 31 that total
allotments of the new CCC notes offered on July 24 amounted
to $202,553,000 out of total subscriptions of $2,853,368,000.
Thus the allotments were approximately on a 7% basis.
Results of the CCC offering were made known by Secretary
Morgenthau on July 27. He said that aggregate subscrip¬
tions for the $200,000,000 issue amounted to $2,853,000,000
and allotments were on the basis of 7%, but not less than
$1,000 on any one subscription. Mr. Morgenthau closed the
subscription books on the offering at midnight on July 24.
The other operation which the Treasury carried through for
a Government
agency in July was of an unusual nature.
Its origin goes back to the exchange offer made on May 22,
1939, for $905,000,000 of Home Owners Loan Corporation
series B bonds called for redemption on Aug. 1, 1939.
The
amount of 2%% bonds surrendered for the new issue of
1 V2% series M bonds of 1945-47 was $687,767,025, leaving
approximately $217,000,000 to be redeemed in cash on
Aug. 1. Subscription books on the exchange offering were
not open long enough to bring in the bonds of widely
scattered holders.
The HOLC thereupon made arrange¬
ments to redeem $117,000,000 of the unsurrendered bonds
out of its own cash resources and the Treasury announced
that the Government trust funds were prepared to take up\
the remaining $100,000,000.
"Cash subscriptions will not be received," the Treasury
said at the time of the exchange offering, "but to the extent
the called bonds are not exchanged at this time, an addi¬
tional amount of the new 13^% bonds may be subsequently
offered for cash."
The general understanding was that the
subsequent offering for cash would come, if at all, on a
regularly announced financing date. But that did not prove
to be the case.
Secretary Morgenthau revealed at his press
conference on July 27 that $60,000,000 of the Treasury's por¬
tion of $100,000,000 of HOLC 1}A% bonds had sold through
the Federal Reserve banks at prices of 102 or better.
"Any¬
body can come in and bid for them," said Mr. Morgenthau,
"and we have been selling them as they come and bid at the
Federal Reserve banks."
Thus there was left as of July 27

whole the Nation's motor fuel markets held
steady , bolstered
by the record demand for gasoline shown this year to date.
Other refined products, such as the light fuel oils showed !
approximately $157,000,000
tendencies to move into higher price levels.
deemed in cash on Aug. 1,




of the HOLC 2%s to be re¬
of which the corporation was

accountable for $117,000,000 and the Treasury

funds

590,000 Missouri Illinois RR.—An issue of $590,000 equipment trust
certificates was awarded July 12 to the First National Bank of
St. Louis and G. H. Walker & Co. of St. Louis on a bid of
100.265 for 2J^s.
Certificates were dated Aug. 1, 1939, with

and the trust

$40,000,000.

.

#

The outstanding Treasury bonds managed in July in quiet
trading to close in the main somewhat higher than their
closing prices at the end of June, with the longer dated
issues particularly in demand and scoring advances of about
1 point.
The bonds, however, ruled at the month-end about
Yi point under their highs for the year.
With the Federal
Reserve banks continuing to let part of their Treasury bills
mature without replacement, the average rate at which the
weekly discount bills were taken hardened during the month.
From a low of 0.005% for the $100,000,000 bill issue dated
June 28, the yield on the offering dated July 26 moved up to
0.019%. The decline in the Federal Reserve banks' holdings
of discount bills in the five weeks to July 26 was $75,796,000,
and the market supply of the outstanding obligations was
correspondingly increased.
However, each weekly offering
was still
bringing in par bids, reflecting the fact that to some
holders the obligations were a substitute for cash rather than
an earning asset.
Secretary Morgenthau stated at his press conference on
July 31 that the Treasury was giving no consideration at
this time to a reduction in the interest rate on United States

a

PUBLIC

Bills

Kansas Power & Light Co.—A group headed by The First
Boston Corp. and Dillon, Read & Co., and including Halsey,
Stuart & Co., Inc.; Harriman Ripley
& Co., Inc.; Blyth &
Co., Inc.; Kidder, Peabody & Co.; Lehman Brothers; Mellon
Securities Corp.; F. S, Moseley & Co.; E. H. Rollins & Sons,
Inc.; Smith, Barney & Co.; Spencer Trask & Co.; Union
Securities Corp.; Harris, Hall & Co., Inc.; Arthur Perry &
Co., Inc., and 21 other underwriters, offered July 26, $26,500,000 1st mtge. bonds, 33^% series due 1969, at 108H and

26,500,000

interest.

25,000,000 Southern Bell Telephone & Telegraph Co.—Public offering
of $22,250,000 (out of a total of $25,000,000) 3% debentures,
due

27 1939

disposed of privately at 106 to the Bankers Trust Co. as
pension funds of the Bell System.
Morgan Stanley & Co., Inc., in the offer¬
ing were Kuhn, Loeb & Co.; Kidder, Peabody & Co.; Lee
Higginson Corp.; First Boston Corp.; Harriman Ripley & Co.;
Smith, Barney & Co. and 40 other investment houses.
A
selling group of between 300 and 400 dealers distributed the
trustee of the

Associated with

securities.

5,650,000 California Water & Telephone Co.—Public offering of
$5,650,000 first mortgage bonds, 4% series due 1969, was
made July 18 by a syndicate headed by Blyth & Co., Inc.,
and including H. M. Byllesby & Co., Inc.; E. H. Rollins &
Sons, Inc.; Central Republic Co., and Wm. Cavalier & Co.
The offering price was 1033^%. exclusive of accrued interest
from June 1, 1939.

700,000 California Water & Telephone Co.—At the same time an
offering of 28,000 shs. (par $25) of 6% cum. preferred stook
at $25 per share plus accrued dividend was made through a

rdicate headed & Co.,H. Rollins & Sons, Inc.. and including
M. Byllesby by E.
Inc., Central Republic Co., Wm.
Cavalier & Co. and Banks, Huntley & Co.

5,000,000 Kansas Power Co.—A syndicate headed by Harris Hall & Co.
(Inc.) and including E. H. Rollins & Sons, Inc.; Central Re¬
public Co.; A. G. Becker & Co., Inc.; Arthur Perry & Co.,
Inc.; Shields & Co., and Tucker, Anthony & Co., offered
July 14 at 101H and int. $5,000,000 1st mtge. bonds, series A,
4%, due July 1, 1964.
*
*4,680,000 San Antonio Public Service Co.-^Mathan, Dittmar & Co.;
Dewar, Robertson & Pancoast;
Russ, Roe & Co., and Pit¬
man & Co., San Antonio, offered July 14 at 104 and dividends
the unexchanged and ubsubscribed portion of 45,000 shares
5% cum. pref. stock of 1939 (par $100).
The stock was offered on a share-for-share exchange basis to
holders of the company's 8% preferred stock of 1925, 7%
preferred stock of 1926 or 1927, plus $5 in cash, together with
cash equal to dividends accrued on the old preferreds.
The
preferred holders also had the privilege of purchasing at par
($100) one share of the new 6% preferred for each share of the
old preferreds not exchanged.
Purpose of the issue was to redeem all preferred stock then
outstanding.
*
Approximate amount.

tions

12 1939
19 1939

Oct.

U 1939

91 days

100,000,000

259,665,000

Oct.

18 1939

299,680,000

Oct.

25 1939

91 days
91 days

100,000,000

26 1939
Aug.
2 1939

240,195,000

1 1939

91 days

100,000,000
100,000,000

6 1939

July

14 1939
20 1939
27 1939

July
July

Nov.

450,000 Litchfield Electric Light & Power Co.—The Securities and
Exchange Commission on July 12 issued an order exempting
company (a subsidiary of NY PA NJ Utilities Co.) from the
provisions of Section 6(a) of the Public Utility Holding Company
Act with respect to the issue and sale of $450,000 first (mortgage
bonds, 4% series due 1964, the net proceeds of which will be
applied in liquidating pro tanto an open account indebtedness
due from the company to its parent company.
The issue was
placed privately.

275,391,000
To Redeem

Maturing

Bills

Subscrip-

Amount

Average

Offered

tims

Accepted

Price

Yield

0.014%
0.012%
0.015%
0.019%
0.022%

$282,433,000

$100,563,000

99.996

July

6 1939

259,665,000

14 1939

299,680,000

July

20 1939

July

27 1939

240,195,000
275.391,000

100,392,000
100,861,000
100,240,000
101,030,000

99.997

July

June

27 1939

99.996
99.995

99.995

NEW SECURITY ISSUES

Domestic

Issue of—

$100,287,000
100.167,000
100,444,000

INDUSTRIAL AND

100,204,000
100,384,000

IN JULY

emissions during the month again
proportions being the second largest
monthly total of the present year. The month of June taking
the honors in this respect.
The major part of the month's
financing, as usual, came under the refunding classification,
but evidence of some expansion in issues for new capital
purposes was not lacking.
Municipal offerings in July reflect
a sizeable falling off when compared with the total volume
for June.
The largest corporate undertaking for the month
consisted of the $85,000,000 bond issue of the Shell Union
Oil Corporation.
Distribution of the issue, marked the lowest interest-

reached

corporate

substantial

bearing industrial loan to reach the market in many years,
being effected by an underwriting group of some 85 members
and a selling group made up of more than 700 dealers through¬
out the country.
Below appear the larger offerings placed
upon the market in July.

2,980,000 Missouri Pacific RR.—A banking group composed of Salomon
Brothers & Hutzler,

Dick & Merle'Smith and Stroud & Co

,

Inc., July 12 won the award of $2,980,000 of equipment trust
certificates of the company on a bid of 100.139 for 2}4s.
The
issue was reoffered to yield from 0.75% to 2.60%, according
to
a

maturity.
The certificates were dated Aug. 1, 1939, with
10-year maturity.

1,290,000 Denver & Rio Grande Western RR.—Stone & "Webster and
Blodget, Inc. and Bosworth, Chanute, Loughridge & Co. on
July 6 were awarded an issue of $1,290,000 3 % equipment trust
certificates of the road, maturing $86,000 annually Aug. 1,
1940-54, on their joint bid of 101.6789.
The issue was not
publicly reoffered.
,




FINANCING

9,000,000 Phillips Petroleum Co.—Company has called all its $12,000000 of privately held notes for payment Aug. 1, 1939, and has
refinanced privately $9,000,000 on a 3-year basis, thereby
reducing their private loans by $3,000,000.
The $3,000,000
was paid from
cash on hand.
The payment of $3,000,000
makes a total of $6,000,000 having been paid this year out of
current funds. These notes were not due until 1942 to 1945, incl.
The company has no bank loans and is not anticipating any
additional borrowings.
The purpose of the company in refund¬
ing its serial notes was to take advantage of lower interest rates.
*2,777,751 Aviation Corp.—The corporation announced July 7 that
subscriptions for approximately 780,000 shares of capital stock
out of a total offering to stockholders of 925,917 shares of $3
par value were received on the offering which expired July 6.
Unsubscribed shares were purchased by an underwriting group
headed by Schroeder Rockefeller & Co., Inc., and Emanuel
&Co.
*

Approximate amount.

2,500,000 Ohio

Finance Co.—An issue of $2,500,000 10-year 4%%

sinking fund debentures, priced at 100, were offered July 28
by a group of underwriters headed by McDonald-Coolidge &
Co., and including Riter & Co.; Whitaker & Co.; Stevenson,
Vercoe & Lorenz, and The First Cleveland Corp.

FINANCING

$7,575,000 Southern Pacific Co.—A group headed by The First Boston
Corp. and including F. S. Moseley & Co.; Kean, Taylor & Co.,
R. W. Pressprich & Co. were the successful bidders July 13
for an issue of $7,575,000 2}4% equipment trust certificates,
due $505,000 serially Aug. 1 each year from 1940 through 1954.
The issue was offered July 14 at prices yiolding from 0.70%
to 2.60%, according to maturity.
The certificates were issued
under the Philadelphia plan.

MISCELLANEOUS

$85,000,000 Shell Union Oil Corp.—A banking group headed by Morgan
Stanley & Co., Inc., offered July 19, $85,000,000 15-year 2 H %
debs, due July 1, 1954.
The debentures were priced at 97M
and int. to yield 2.683% to maturity.
Associated in the offering were Kuhn, Loeb & Co.; Smith,
Barney & Co.; Harriman Ripley & Co., Inc.; First Boston
Corp.; Blyth & Co., Inc.; Lehman Bros.; Lee Higginson
Corp.; Hayden, Stone & Co.; Lazard Freres & Co.; Dominick
& Dominick, and a list of 74 other houses.

v

RAILROAD

made July 20 by Morgan Stanley & Co., Inc.,
Priced, according to the prospectus, at 107H

was

91 days $100,000,000 $282,433,000

Oct.

was

int., the bonds show a yield of 2.69% to maturity.
A
block of $2,750,000 debentures out of the $25,000,000 total

Subscrip¬

5 1939

July

July

4 1939

Amount of

July

July
July

i

Mature

1979.

and associates.
and

discount basis are

Offering

Bills

Dated

at $110 per share, plus accrued

The offering was subject to
prior right of holders of the company's 7% and 6% cumu¬
lative preferred stock to exchange their stock on the basis of
one share of the new preferred plus
$8,375 in cash for each
share of the 7% preferred and one share of the new stock plus
$2,875 for each share of 6% preferred.
The exchange offer
expired on July 20.
the

given in the following table:

Offered.

UTILITY FINANCING

public by means of a prospectus
dividends from July 15, 1939.

savings bonds, the so-called baby bonds. Sales of these sav¬
ings bonds in the first 28 days of July aggregated $81,873,167
against $38,057,936 in the corresponding period of last
year.
As of June 30 these bonds were outstanding in the
amount of $1,868,149,116, maturity value.
Charles R. Dunn, as fiscal agent, offered on July 6 $12,650,000 consolidated debentures of the Federal Intermediate
Credit banks at a price slightly above par.
Following a
heavy oversubscription, the books were closed on the offer¬
ing on the same day. Dated July 14, the debentures mature
on July 1, 1940.
Also on the same date $3,100,000 of the
debentures were placed within the system, with the latter
block maturing Oct. 16, 1939.
Out of the proceeds of the
sale the system retired $13,700,000 of debentures maturing
on July 15, leaving $197,450,000 outstanding.
Final figures on the fiscal year ended June 30, as made
public in a statement by Secretary Morgenthau on July 1,
showed that the net deficit, excluding debt retirements, was
$3,542,000,000, compared with $1,384,000,000 for 1938 and
$3,149,000,000 for 1937.
Receipts totaled $5,668,000,000
as against
$6,242,000,000 in the previous fiscal year, and
total
expenditures, exclusive of debt retirements, were
$9,210,000,000 as against $7,626,000,000.
The gross public
debt on June 30, 1939, amounted to $40,440,000,000 as
compared with $37,165,000,000 on June 30,
1938, an
increase of $3,275,000,000.
The details of Treasury bills sold on a

10-year maturity.

$32,678,470 West Penn Power Co.—Offering of a new issue of 297,077
shares of 4H % preferred stock (par $100), cumulative, of com¬
pany, an important unit of the American Water Works &
Electric Co., was announced July 18 by a banking group headed
by W. C. Langley & Co., Bonbright & Co., Inc. and the
First Boston Corp.
The new 4
preferrec. itock was initially offered to the

as

June

11

MONTHLY EEYIEW '

Aug., 1939]

2,010,000 Thompson Products, Inc.—Public offering or 20,000 shares
of $5 cum. conv. prior preference stock (no par) at $100.50 a
share was made July 18 by a group of underwriters consiting
of McDonald-Coolidge & Co.; Otis & Co.; The First Cleveland
Corp.; Hayden, Miller & Co., and Shields & Co.
2,000,000 Copperweld Steel Co.—An underwriting group headed by
Riter & Co. offered July 18 an issue of 40,000 shares (par $50)
of cum. conv. pref. stock, 5% series, at a price of $50 Per share.
Other members of the underwriting group included Hemphill,
Noyes & Co.; Eastman, Dillon & Co.; Schwabacher & Co.;
Singer, Deane & Scribner; A. G. Becker & Co., Inc.; Graham,
Parsons & Co.; McDonald-Coolidge & Co.; Moore, Leonard &
Lynch, and Schoellkopf, Hutton & Pomeroy, Inc.
1,011,000 Univertistv of Illinois—Public offering was made of July 14
$1,011,000 University of Illinois Foundation, trustee. Medical
and Dental College Building Trust 4% collateral bonds by a
banking syndicate composed of Charles K. Morris & Co. Inc.;
Kelley, Richardson & Co.; The Milwaukee Co., and Farwell,
Chapman & Co.
The bonds, which mature Jan. 1, 1940 to
1956, were priced to yield 1 % to 3.58%.
,

Otis Elevator Co.—Dividend of 25 cents per share on the common stock,

525,000 Ashland Oil & Refining Co.—An issue of 5,000 shares of 5%
cum. pref. stock ($100 par) and 5,000 shares of common stock
($1 par) was offered by the Bankers Bond Co., Inc., and
Almstedt Brothers, Louisville, Ky., and Security & Bond Co.,
Lexington, Ky.
The offering
was
confined to bona fide
residents of Kentucky.
The pref. stock was offered at $100
per share and the common stock at $5 per share.
MUNICIPAL

payable Sept 20.
Previously regular quarterly dividends of 15 cents per
were distributed.

share

Pennsylvania Salt Mfer. Co.—Dividend of $1.25

payable July 15.

FINANCING

regular quarterly dividend of 30c. a share

Sivyet

stock,

Lathe Works—Dividend of 35c. per share on the common
stock, payable Sept. 1.
Previously regular quarterly dividends of 30c.
per share were distributed.

South Bend

Spiegel, Inc.—Dividend of 15c.

a share on the common stock, payable
Aug. 1.
This will be the first distribution on the common shares since
Feb. 1, 1938, when 25c. a share was paid.

(A.) Stein & Co.—Dividend on
15c.

share to 35c.

a

a share and a regular
quarterly of 25c. a share on the common stock, the former became payable
July 10 and the latter on Sept. 1 next.

West
a

Canadian

share

the

on

Hydro-Electric Corp.,

refunding

bonds,

j

dividends of 50c. per share were distributed.

Westvaco Chlorine Products Corp.—Extra dividend of 25c. per share in
addition to the regular quarterly dividend of like amount on the common

stock, both payable Sept.

bearing

American

7%

preferred stock,

cum.

namely "Favorable Changes" and "Unfavorable Changes,"
gives the more important of the changes:
FAVORABLE CHANGES

Allen Industries, Inc.—Dividend of 25c. a share on the common
stock
payable Aug. 15.
Last previous payment, amounting to 25c. a share,
was made on Dec. 4, 1937.
American
10c.
Atlas

a

Stove

Co.—Dividend

share to 25c.

a

on

the

common

stock

increased

from

share, payable Aug. 1.

of 10c.

of

a share on the common stock,
A previous distribution of like amount was made on

payable Aug. 1.
Feb. 15, 1938.

& Manufacturers
a

New York Fire

Bethlehem Steel Corp.—Dividend of 50c. per share on the common
stock,
payable Sept. 15 to holders of record Aug. 25.
This will be the first
dividend paid on the common shares since Dec.
24, 1937, when a dis¬
tribution of $2.50 per share was made.

Burdine's, Inc.—Dividend of

10c. a share on the common stock, payable
July 27 and the first distribution since July 26, 1937, at which time 50c.

a

share

was

paid.

Carborundum Co.—Dividend of 75c.

a

share

was

Citizens Utilities Co.—Initial dividend of 10c.

stock, payable Aug. 10.
Fairchild Aviation Corp.—Dividend
15c.

a

share to 20c.

on

the

a

share

the common

on

share, payable Aug. 10.

a

regular quarterly of like amount
July 31.

on

dividend of $1

a

share and

a

the $20 par common stock, payable

Brewing Co.-—Dividend

of 5 cents a share on the common stock,
This is the first dividend paid by the
company in

payable July 20.
sometime.

General

on

the common stock increased from

Fidelity & Deposit Co. of Maryland—Extra

Fort Pitt

paid June 30 last

stock.

common

Co.—Dividend of 25c.

^ock, payable Sept. 1.

per

Last previous dividend

share
was

on

paid

the

capital

June 30,

on

1937 and amounted to, at the stockholders'
option, either $2 per share in
or in stock at the rate of one
share for each 25 shares held.

cash

Insurance Co.—-Dividend

share was paid July 1 last on
the no par common stock and
compares with 10c. a share paid on April 1
and on Dec. 29 last.

Inter-City Baking Co., Ltd.—Dividend

from 50c.

a

Tire

a

share to 20c.

a

A regular quarterly

the $5 par common stock

on

share, payable July 31.

of this year.

North

American

Rayon Corp.—Dividend of 50 cents per share on the
B common shares, payable Aug. 11.
This compares

and class

class A

with 25 cents paid on Dec. 17, 1938, this latter being the first distribution
made since Dec. 23, 1937, when 25 cents was also plaid.

Okonite Co.—Directors at their recent meeting failed to take any action
with regard to payment at this time of a dividend on the common hsares.

Regular quarterly dividend of 50 cents

was

paid on May 1 last.

Philadelphia Insulated Wire Co.—Dividend
duced from 25 cents

a

share to 15 cents

a

on the common stock re¬
share, payable Aug. 15.

Corp.—Semi-annual dividend

on

the

duced from 373^c. a share to 25c. a share, payable

Ventures, Ltd.—Dividend of five cents

common

stock

re¬

July 31.

share on the common stock,
A distribution of 10c. was made on Jan. 4, 1939.
a

Walkerville

Brewery, Ltd.—Directors at their recent meeting took no
on payment
of a dividend on the common shares at this time.
Dividend of 2H cents per share was paid on April 15 last.

action

COURSE OF

The fall in

three weeks

THE STOCK MARKET DURING

stock

JULY,

1939

prices which extended through the last

of June was brought to

an

end

as

the month

closed, and in July the market set out on the sharpest and
least interrupted advance it had seen since June, 1938.
Prices

firm from the beginning of the month, but for

were

the first two weeks volume was extremely small and inter¬
est in the market's

fact,

to

only 235,140

full session

any

In

performance

was

decidedly limited.

In

July 3—a full five-hour trading day—the turnover

on

amounted

the

shares,

smallest volume in

the

in 17 years.

second week participation in the market began

to

Corp.—Dividend

share to 75c.

moderately,
and the rise in
prices steepened
slightly.
As the third week began the market was poised
for a sharp advance, and so on July 17 prices were rushed
up 4.06 points, as measured by the index of 50 stocks com¬
piled by the New York "Times."
Volume was suddenly
enlarged

to 1,751,700

1,887,670

of

a

of $1.50 a share

on

the

common

stock, payable July 31.
&

New York—Dividend

Nonquitt Mills—Dividend of 50 cents per share on the common stock,
payable Aug. 11.
Dividends of $1 were paid in May and February

total

distributed.

Hook Drugs, Inc.—Dividend of
12J^c.

Rubber

of

broaden

Refractories

Greenfield Tap & Die
Corp.T-rDividend on the $6 pref. stock of $1 a
share, payable July 25.
This represents the first dividend paid since
Dec. 15, 1937, when a regular
quarterly dividend of $1.50 a share was

Lee

,

Insurance Co.

on the common stock payable July 29.
share was previously distributed.

payable July 29.

Belden Mfg. Co.—Dividend on the common
stock, par $10, Increased from
10c. a share to 15c. a share, payable Aug. 15.

common

$100, omitted.
A regular quarterly divi¬
last.

par

share

a

12^c.

Transamerica

Plywood Corp.—Dividend of 25c.

par

Knickerbocker Insurance Co. (N. Y.)—-Dividend on the $5 par common
stock decreased from 15c. a share to 12Hc. a share, payable July 25.
Merchants

reduced from 25c.

Dividend declarations in July were largely of a favorable
The
following list, divided into two sections,

the $5

Insurance Co. of State of Pennsylvania—-Semi-annual dividend on the
common stock decreased from 70c. a share to 60c. a share, payable July 12.

JULY

nature.

on

share, payable July 25.

a

dend of $1.75 a share was paid on April 1,

R.
1., 2% hurricane damage rehabilitation
yearly from 1945 to 1964 incl., awarded to an
account headed by Blyth & Co., Inc., New York, at
100.40,
a basis of about 1.97%.
Reoffered from a yield of 1.20% to a
price of 99.50, according to date of maturity.
due

IN

share to 25c.

a

Emerson Electric Mfg. Co.—Dividend ordinarily due at this time on the

2.89%.

CHANGES

CHANGES

Equitable Assurance Co.-—Dividend

stock reduced from 30c.

1,400,000 Providence,

DIVIDEND

1,

UNFAVORABLE

interest rates of 2 K %, 2 K %, 3 % and 3 y2%, and due
annually
from 1942 to 1949 incl., sold to R. W.
Pressprich & Co. of
New York, and associates, at par, a net interest cost of

1,093,000 Jersey City, N. J.. 2%% bonds, due yearly from 1940 to
1964 incl., were sold to Halsey, Stuart & Co.,
Inc., New
York, at 100.368, a basis of about 3.71%.
Reoffered to yield
from 1% to 3.75%, according to
maturity.

Ltd.—Initial dividend of 10c.

class B stock, payable July 25.

no par

Westinghouse Electric & Mfg. Co.—Dividend of 75c. per share on the
common stock ($50 par value), payable Aug. 31.
Previously quarterly

price of 99 for the longer-dated obligations.

La.,

the common stock increased Tapm 15c.

on

(State of) certificates of indebtedness, due from
1954 incl., taken by a syndicate headed by
Blyth &
Co., Inc., New York, as lMs, at a price of 100.057, a basis of
about 1.24%. Reoffered from a yield of 0.35% for the earliest

District,

on

share, payable July 17.

a

Virginia Coal & Iron Co.—Extra dividend of 50c.

1942 to

about

the no par common stock increased from
share to 25c. a share, payable Aug. 15.
i

United Chemicals, Inc.—Dividend of $2 per share on account of accumu¬
lations on the $3 cum. pref. stock, payable Sept. 1.
This payment will
clear up all accruals up to and incl. June 1, 1935.

1,587,000 Maryland

bonds,

a

Technicolor, Inc.—Dividend

Pa.,

Carolina (State of) 1^% highway certificates of
indebtedness, due from 1941 to 1950 incl., sold to a group
managed by Halsey, Stuart & Co., Inc., New York, at 100.084,
a
basis of about 1.74%.
Reoffered to yield from 0.75% to
1.85%, according to maturity.

Levee

Steel Castings Co.—Dividend of 25c. a share on the common
payable Aug. 10.
Last previous payment amounted to 12 Kc.
1938.

share and was made on June 10,

a

1,750,000 South

1,500,000 Orleans

share to

a

2,729,000 Atlantic County, N. J., 3refunding bonds purchased by
B. J. Van Ingen & Co., Inc., New York, at 99.40, a basis of
about 3.57%.
Due annually from 1940 to 1959 incl
No immediate reoffering.

a

stock, both

common

Co.—Dividend on the common stock increased from 30c.
50c. a share, payable Aug. 1.

Sherwin-Williams Co.—Dividend of $1 per share on the common stock,
payable Aug. 15.
Previously regular quarterly dividends of 50c. per
share were distributed.

bonds awarded to an
account headed by Lehman Bros, of New York, as 3s, at 100.63.
a basis of about 2.95%.
Due serially from 1944 to 1964 incl,
and reoffered to yield from 2% to 3%, according to
maturity.

maturing bonds to

the

Seton Leather

3,950,000 Boston, Mass., W\% and 2% bonds, due yearly from 1940
to 1959 incl., purchased by Phelps, Fenn & Co.,
Inc., New
York and associates, at 100.19, a net interest cost of about
1.915%. Reoffered to yield from 0.40 to 2.35%, according to
interest rate and maturity.

District,

share in addition to the

a

on

payable Aug. 1.

6,150,000 Pittsburgh, Pa., various issues were taken by Halsey,
Stuart & Co., Inc., New York and associates, at a price of
100.044 for 1.80s, a net cost of about 1.795%Due serially
from 1940 to 1959 incl. and reoffered on a yield basis of from
0.25% to 1.90%.

School

Co.—Extra dividend of 20c.

Cream

Rich Ice

$35,000,000 New York, N. Y., obligations, comprising $17,000,000 2H%
corporate stock, due July 15, 1969, and $18,000,000 2H%
and 4% serial bonds, due from 1940 to 1979 incl., awarded
to the National City Bank of New York' and associates, at
100.029, a net interest cost to the city of about 2.79%.
In
reoffering the securities, the banking group priced the 30-year
2%% corporate stock at 98 and accrued interest, while the
2%% and 4% serial bonds were scaled to yield from 0.30% to
2.85%, according to coupon rate and date of maturity.
The
financing was for new capital purposes.

3,750,000 Philadelphia

share on the $50 par

a

stock, payable Sept. 15.

common

(Geo. E.) Prentice Mfg. Co.—Extra dividend of $1 a share and a regular
quarterly dividend of 50c. a share on the common stock, par $25, both

on

the

common

stock

increased

volume

since

remained

shares,

shares

and

on

changed

the following day

hands,

March.

Throughout

the

the firm

on

side, and it

was

the

third

best

week

until

not

a

day's
prices

the 25th

that the month's high for the price index was attained.

In

truth, however, the market spent much of its strength in
on the 17th, and from then on to the month-

share, payable Aug. 1.
Louisville & Nashville RR.-—Dividend of
$1.25 a share on the common
stock, payable Aug. 30.
This compares with $1 paid on Feb.
28, last.
Midvale Co.—Dividend of $1 25 per share on the
capital stock, payable
Oct. 2.
This compares with $1 paid on
July 1, last; 75 cents paid on
April 1, last; $2.50 on Dec. 17, 1938; $1 on Oct. 1, 1938 and 75 cents on
July 1 and April 2, 1938.

that sheer rise

Morse Twist

For the month as a whole transactions totaled 18,067,920
shares, compared with 11,963,790 shares in June and
38,778,575 shares in July, 1938.
It was the largest volume
since April, but for a July it was the smallest turnover

Drill

a

& Machine

Co.—Dividend on the common stock in'
a share, payable
Aug. 15.
Insurance Co.—Extra dividend of
10 cents per
share in addition to semi-annual dividend of 75
cents per share on the
capital stock, par $10, both payable Aug. 1. Previsouly extra dividends
of 35 cents cind regular semi-annucil dividends of
50 cents per shnre were
creased from 50c.

New

Brunswick

a

share to $1.50

Fire

distributed.

New York Air Brake Co.—Dividend of 50c.

share on the common stock,
payable Aug. 1. This will be the first dividend paid since March 1, 1938,
when 25c. a share was distributed.
Ontario Steel Products Co., Ltd.—Interim dividend of 60
a

cents per share
payable Aug. 15. A dividend of 50 cents was paid
1938, this latter being the first paid since Nov. 15, 1931,
when 20 cents per share was distributed.
Outboard Marine & Mfg. Co.—Dividend on the common stock increased
on
on

the common stock,

Aug.

from 40c.

15,

a

share to 60c.




a

share, payable Aug. 10.

end prices milled about

balance.

point
the

without extending their advance

on

The closing level for the month was only 0.03 of a

above

the

index

price

at

the

close

of

dealings

on

17th.

since

1923.

failure

After

of prices

the

flareup in the third week and the
extend their rise,

in the fourth week to

volume began to dwindle once more and the turnover during
the concluding session of the month amounted
to only

519,990 shares.

$119,431,000

In the

par

from

the

June

total

for

any

bond

market volume

value, representing
total

month

amounted

to

decrease of $7,139,000
and constituting the second smallest
in

the

last

a

21

years.

Of this total,

United

-

States

for

accounted

securities

Government

$5,137,000 as against $6,821,000 in June; other domestic
bonds, $100,622,000 as against $102,189,000, and foreign
bonds, $13,672,000 as against $17,560,000.
As for the stock market, the rise in the index was 9.2%,
leaving prices 20% above their April low.
The average of
50 Stocks advanced 8.55 points as compared with a decline
4.38

of

points in June.
With a rise of 2.47 points, or
12.6%, the 25 railroad stocks were relatively stronger than
industrials.

the

The

the rail stocks was
aided by the enactment into law of the Chandler bill facili¬
performance of

tating railroad reorganizations, with the Baltimore &
a

departments

motors,
the

coppers

Loft,

off the
seemed

issues,

and utilities, in the order named.
and

sensational

steels,
By far

performer^ however,

was

touched
advance in the stock market during July.
The rise
to spring from a diminution in the quantity and
was

clear-cut

one

no

of unfavorable

quality

development which

rather than from any

factors

one

affirmatively favorable influence.
The recession in busi¬
after seasonal adjustments, was arrested in April and

ness,

Board

the

of

Governors

of

Federal

the

System's

Reserve

advanced five
points to 97 in June.
In other words, the fact that busi¬
ness was displaying a tendency to rally was becoming mani¬
fest in June, a month of declining stock prices.
This re¬
covery was carried over into
July, particularly in steel
production, which rose in the last week to 60.6% of capacity,
the highest rate, except for the temporary peak last Novem¬
ber, since October, 1937.
The July stock market was improved, it appeared, be¬
cause
of the absence of any fresh menaces to peace in
Europe and of the indication that Congress was becoming
increasingly independent of executive domination, as evi¬
denced by the decision of the Senate Foreign Relations
Committee to defer consideration of the neutrality bill until
the next session, the rejection of the Mead bill, providing
for Government guaranty of loans to small business, and
the
whittling operation to
which
the Administration's
anxiously-sought spending-lending bill was subjected.
The
Danzig problem still hung like a dark cloud over world
markets, but in the absence of a fresh crisis the tension
in Europe and the feverish armament efforts which the
index,

after

Powers
vide

activity

in

the

to

pro¬

United

especially for copper, were com¬
ing to this country in some volume, owing to Europe's great
need for raw materials and the fact that plant capacity
in

Foreign

industrial

to

stimulus

some

States.

May,

least momentarily

served at

making

were

in

unchanged

holding

orders,

few of the countries was already being fully employed.

a

In

moment

a

of

pique

the failure

over

of

Congress

said that the decision to

postpone action on neutrality until
of Congress had already ended "a nice

session

next

little

business

boom."

The

markets

accept Mr. Roosevelt's appraisal

not

that

weakness

the

in

rise

in stock

possible

was

prices was the circum¬

the

in

face

of

drastic

grain prices.

Wheat and corn broke to the
lowest levels since October, 1933, before rallying modestly
in

the

concluding

attained

best

the

Government

week

of

levels

estimate

the

since

of

the

month.

Cotton,

however,

August, 1937, following the
second

smallest

acreage

for

harvest since 1899. Certain industrial

hides, silk,
As

to

copper,

raw materials, such as
zinc and lead, advanced during the month.

the fluctuations

ical & Dye rose from
close July

31 at 172.

in

individual

stocks, Allied Chem¬

160 July 3 to 17214 July 25, with the
American Tel. & Tel. advanced from

157% July 1 to 168 July 26, with the close July 31 at 167%.
Consolidated Edison Co. of N. Y. stepped up from 29% July 1
to 33% July 27, with the close July 31 at 32%.
General
Electric

rose

from 32%

close

July 31 at 38.

from

44%

July 1 to 39%

United

States

July 24, with

Steel

moved

the

forward

3Ms

1943-1947

3 Ms

Steel

In the railroad list Atchison Topeka &
Santa Fe reached its peak July 25 at 31% and its low point
July 31 at 108%.

Baltimore & Ohio
4% July 10 to 6 July 28, closing July 31
Chesapeake & Ohio rose from 30% July 1 to 36%

moved ahead from

5%.

July 17, with the close July 31 at 34%.

Delaware & Hud¬

shot up from 14 July

1 to 18% July 21, with the close
July 31 being at 17%.
New York Central reached its high
July 25 at 16% and its low July 1 at 13, and closed at 15%
on July 31.
Southern Pacific advanced from 11% July 1
to 15% on July 24, and closed at 14% on July 31.
Southern
son

July

110.8

July

110.24 July
111.21 July
112.18 July

1949-1952

111.1

1946-1948

July

3s__

1951-1955

2Ms

1955-1960

108.21

110.24 July
108.20 July

2Ms

1945-1947

109.10

109.8

2Ms
2Ms

...1948-1951
1951-1954
1956-1959

2 Ms

2 Ms

107.8"

2Ms
2 Ms
2 Ms

July

19 116.2

July

5

11 115.29 July
29 103.15 July
31 105.20 July

22

July
108.30 July
107.26 July

5 110.24 July
26 106.15 July
3 110.19 July
July
5 1,11.1
5 112.8

112.16 July
109.31 July

109.22 July
109.18 July
109.9

July

108.19 July

July
July

5 108

July

106.28

106.28 July
108.20 July

108

July

108.12 July

5 108.30 July

105.31

105.28 July

1
7 108.24 July

Treasury 2 Ms

1949-1953
1950-1952

105.28 July

..1947

105.10 July

3 107.9 July
3 107.7 July
5 105.28 July
22 109.22 July
July
5 109.1

Treasury 2s_

31
31

110 T 9

111.1

3
27

111". 16

27
31
21

109.26
109.22

28
29
27

109.5"

27
10
28
28

108

108.13
107.29

27

26

Mtge. Corp.—
17

109.20

July

3 106.10 July

28
10

106.4*

105.22 July

19 105.27 July

11

108.20 July

3 108.31 July
21 100.3 July
3 105.4 July

11

3MS

1944-1964

3s

1944-1949

109.20 July
108.26 July

3s

1942-1947

106

2Ms
1942-1947
Home Owners' Loau Corp.—
3s series A
1944-1952
2Ms series B.

1939-1949

100

2Ms series G
lMs.

1942-1944

104.24 July
101.22 July

1945-1947
July 1

Foreign Bonds

July

5 102.4

Argentine external 4 Ms
Australia 5s of 1925

.1971

Belgium (Kingdom) 6 Ms

.1949

Brisbane

.1957

7

July

7

July 31

Range During July, 1939

Closing

.1955

104 M

.1952

110 M

Denmark 6s

.1942

96 M

French 7 Ms stamped

.1941

German (Rep) 7s stamped.

.1949

_

New South Wales (State)

1963

Queensland (State) ext 7s.

.

87 M July

13

98

July

5

1

106

July

31

6

94

July

18

93 M

28 110M July

6

109M

98 M July

14

3

July

.1941

-

-

—

July

29

109 M

July

12

July

27

22 M

72

23 M

July

20

79 H July
96 M July
100M July

13

5
6

104M July

18

15

61M July

July 1

102 M July

July

17

1995

58 M

58 M July

1927

.

6"
•

-

125M

1

27

7M

45 M July

10

7M July
52 M July

102 M July

28

103M July

18

10 M July

27

80 M July
47
July

5
1

86 M July
53
July

25

"

97 M July
67 M July

3

99M July

-

•

-

51

103 M

25

67 M
..

-

«.

-

-

-

-

-

-

1955

-

1946

C—1978
1963

12

July

July

5

47

B.1947
Kan City Sou ref & impt 5s.. 1950
Mo Kan Tex cum ad) 5s.__.l967

43 M
106 M

1

70M July

22

29

10M
_

51 M

70 M

7M July

7

9M July

18

36 M July

11

27

39

74

11

39 M July
77
July

26

76M

52

July

21

51

20 107 M July
3
71M July

27

July

43M July
106 M July
66

..1997

Northern Pacific 4s

14

125M July

7

Internat Paper 5s ser A &

New York Steam 3 Ms

13

88 M

1

21

8

1963

NYC&StL 4Ms series

110M

M July

102 M

1977

New York Central 3Ms..

76 M
64

28

83 M July
6

1967

Morris & Essex 5s

31

124 M July

83M

.1977

Great Northern gen 4 Ms

July

34 M July

5

31M July

18

64

1

Chic Milw St P & Pac 5s A..1975
Columbia Gas & El 5s_May 1952

Price

July

111M July

1

109 M July

1950
1992

C C C & St L 4 MS series E.

-

79

5

109 M
32

-

Closing
Highest

Lowest

71M July

A-C.1967

-

July 31

Range During July, 1939

Price

100M

5J

Opening

Alleghany Corp coll trust 5S.1944
Amer & Foreign Power 5s
2030

73 M

7

20

59

60

Bonds

Erie ref & impt 5s of

<f

24 109 M

98 M July

Railroad and Industrial

ser

97 M

106

July

94M July

74M
,

(City) external 6M8. .1952

Atch Top & S Fe gen 4s.

86 M

3

21

5s.1957

Norway 4s

96

108

109

.1954

Japanese Govt 6Ms

86M July
96
July
104 M July

8

109 M July

Price

Highest

Lowest

89M July

86 M

(City) 5s
Canada (Dominion) 5s

Bost & Maine 1st 5s

108.27

6

Opening
Price

Rome

105.13

5

21

Treasury 2 Ms
Federal Farm

10
14

113.14 July
111.21 July

3
5
10
3
3
3
3
3

lie"!"

7

27

107.6

1948

29

July

107.5

.1958-1963
1960-1965
1945

July

1

8M

6

•

70 M

Pennsylvania RR deb 4 Ms.-1970

82 M

82 M July

1

89 M July

25

88 M

..1952
1968

79 M

79 M July
107 M July

1

86 M July
108 M July

28

3

86 M
108 M

Conv

deb

3.M8-.

S'western Bell Telep

3s

Warner Bros Pictures 6s

Western Maryland

1948

1st 4s—1952

VOLUME

-

•

-

-

82 M

OF BUSINESS ON

1939

Month of July

Stock sales—No. of shares
Bond sales (par value)—

18,067,920
$

7

July

6

92

July

10

82M July

1

85 M July

28

89

THE

STOCK

EXCHANGE

1936

1937

1938

38,773,575

34,793,159

20,722,285
S

S

90 M
85 M

S

100,622,000

152,580,000

United States Govt

13,672,000
5,137,000

18,167,000
7,518,000

11,632,000

220,710,000
23,338,000
38,523,000

Total bond sales

119,431,000

178,265,000

160,504,000

282,571,000

155,938.758

249,593,212

295,547,699

Railroad & mlscell

Foreign government...

124,028,000
24,844,000

Jan. 1 to July 31—
Stock sales—No. of shares

Bond sales (par value)—

Ry. climbed from 13% July 1 to 18% July 22, closing at
17% July 31.
Northern Pacific rose from 7% July 1 to
10% July 27, closing the month at 9%, and Union Pacific
rose from 92%
July 3 to 101% July 18, the close July 31
being at 98%.




•

126,832,005
8

Railroad & mlscell

762,751,000

Foreign government...

142,127,000

United States Govt....

VOLUME

51,148,000

$

•

S

$

821,454,000 1,369,445,000 1,689,201,000
197,222,000
216,671,000
140,023,000
85,415,000
278,741,000
184,515,000

956,026,000 1,046,892,000 1,864,857,000 2,070,938,000

Total bond sales

July 1 at 25, with the close July 31 at 29.
at

iib~II

1946-1949

3s_

July

106.9

1941
1943-1945
1944-1946

3Ms
3Ms

103.6

105.13 July
110.14 July

1941-1943

...

3Ms
3Ms
3Ms

10 3*. 14

5 122.1

July

115.23 July
115.14 July

1946-1956

Sale

Highest

July 1 to 55%

July 24, with the close July 31
preferred was at its highest July 26 at 111%
and at its lowest July 1 at 106, with the close July 31 at
110.
Westinghouse Elec. & Mfg. touched its highest point
July 25 at 110% and its lowest point July 1 at 91, closing

at 52.

1944-1954

.1940-1943

111 Cent St L & N O 5s

A feature of the advance

stance

121.7

3 Ms

of the effects of the con¬

they did not yield any measurable part of their

Lowest

1947-1952

4Ms
4s
3 Ms

Chesapeake & Ohio 4 Ms

previous advance.

Last

First

Sale

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

July 31

Range During July, 1939

July 1
Government Bonds

Brooklyn Union Elev 5s

prepared

action.
After this remark by the President, on
July 21, the markets did not add to their gains, but at the
time

ernment obligations and a considerable number, likewise, of
domestic corporate and foreign government bond prices:

to

were

gressional
same

In the following table we show, as usual, the fluctuations
for the month in the different issues of United States Gov¬

to

accept his advice on the neutrality bill, President Roosevelt
the

bonds.

Ohio

of the lower-priced issues.

one

There

manufacturing

the

were

active

most

Bond prices in July, according to the New York "Times"
index, advanced 1.99 points, the best progress made since
last October.
Government securities rose slightly, as did
the highest grade corporate obligations.
The most marked
firmness, though, was in medium and lower grade railroad

Among the industrials, the strong¬

particular beneficiary.

est

13

MONTHLY REVIEW

Aug., 1939]

OF BUSINESS ON THE

Month of July
Stock sales—No. of shares

Bond sales (par value)—

1939

2,740,674
$

CURB

1938

5,189,381
$.

EXCHANGE

1937

4,952,945
$

1936

8,511,143
$

36,916,000

Domestic
Foreign government...

34,542,000

28,971,000

59,373,000

257,000

631,000

906,000

1,238,000

Foreign corporate

360,000

420,000

508,000

950,000

Total bond sales

37,533,000

35,593,000

30,385,000

61,561,000

Jan. 1 to July

31-—

Stock sales—No. of shares
Bond sales (par value)—

22,215,637
$

269,439,000

25,925,812
$

Foreign corporate

2,812,000
3,429,000

197,222,000
4,173,000
3,732,000

Total bond sales

275,680,000

205,127,000

Domestic

Foreign government...

'

<■

70,964,277
S

83,411,412
$

***4

273,969,000

521,940,000

8,309,000

11,524,000

6,837,000

7,966,000

289,115,000

541,430,000

MONTHLY REVIEW

14

Commercial

DURING JULY

THE MONEY MARKET

further increase in member bank
deposits and another moderate decline in holdings of Gov¬
ernment securities by the Federal Reserve banks, excess
member bank reserves experienced a further sharp expan¬
Notwithstanding

the

during the past month, when their total reached a new

sion

As for some time past, the chief

of $4,490,000,000.

peak

volume of reserves were the excess
disbursements from its deposits with the

factors in swelling the

Government

of

banks, and the continued flow of gold to

Federal Reserve

A noteworthy development during the month
the further increase in commercial borrowings, which,

this country.
was

while

in

part

attributed

to

revival in trade and industry,
of term loans for the purpose

ties.

Although

clined

amount

the

seasonally,

of refunding existing securi¬
outstanding currency de¬

remained

relatively

at

high

levels, indicative of a moderate expansion in business, on
the one hand, and to the recent absorption by foreigners
of United States currency notes, for hoarding purposes, on
the other hand.
Direct Government financing was again

of $100,000,000 of 91-day Treasury
bills to replace similar maturities.
In addition, the Treas¬
limited to weekly issues

July 24 offered $200,000,000 two-year %% notes of
Commodity Credit Corporation, for which total subscrip¬

ury on
the

tions
into

the

the gold

to

to flow
resulting net

the

stock was limited to

approximately
$130,000,000, because again a large part of gold arrivals
were
earmarked
for foreign account, bringing the total
of
such
earmarked
holdings to $1,300,000,000 July 31.
Gold imports during the
which

Canada

month aggregated $272,900,000, of

England sent $181,800,000, Holland $45,500,000,

sum

Japan $11,000,000,
Switzerland $5,$3,800,000, Mexico $3,300,000, China $2,400,000, Colombia $2,100,000, and India $1,600,000. The gold
stock of the country rose to a new peak of $16,240,000,000
July 31.
Discount holdings of the 12 Reserve banks de¬
creased from $5,370,000 June 28 to $4,696,000 July 26, while
bills bought in the open market continued virtually un¬
changed at the nominal figure of $558,000 Juty 26 against
$556,000 June 28. Total member bank reserves rose steadily
from $10,115,744,000 June 28 to $10,436,286,000 July 22.

$14,200,000,

600,000, Australia

Under the influence of the
money

rates

reservoir of idle funds,

enormous

by the yields

reflected

as

and notes continued to show

a

on

Treasury bonds

declining trend, with average

yields on Treasury bonds receding from 2.21% June 30 to
2.14% July 28, and those on Treasury notes from 0.48%
to 0.42%.
On the other hand, yields on Treasury bills,
partly as a result of the reduction in holdings of such
paper
by the Federal Reserve banks, stiffened slightly
from 0.005% to 0.019%.
On the Stock Exchange the rate
for call loans remained unchanged at
CALL

LOAN

RATES

THE

ON

NEW

Bank of New

Reserve

Federal

the

York

1%.

YORK

EXCHANGE

STOCK

July

1...

July

2...

July

3...

July

Renewal

High

4...

Low

17__

Renewal

High

1

1

1

July

18__

1

1

1

July

Saturday

19..

1

1

1.

1

1

1

1

July

Sunday
1

1

1

July

20_.

1

July

5...

1

1

1

July

21..

1

July

6...

1

1

1

July

22_.

Saturday

July

7...

1

1

1

July

23..

Sunday

Holiday

8—

a

$180,700,000 of open market commercial paper out¬
standing on June 30 compared with $188,000,000 at the end
of May, and $225,300,000 on June 30, 1938.
total of

RATES

£OR MONEY AT NEW YORK

Week Ended-

July 8

July 15

July 22

July 29

1@1

1@1

1@1

1@1

1

1

1

1

IK

IK

IK

IK

IK

IK
IK
IK

IK
IK

IK
IK
IK

IK
IK
IK
IK

IK

IK

IK

IK

iK

IK
IK

K@K

K@K

K@K

Exchange:
Range for week (mixed & Ind. collat.)
Week's aver, (mixed & Indus, collat.).
Time loans (mixed & Indus, collateral):
Call loans on Stock

Thirty days
Sixty days
Ninety days

-

Four months

Five months
Six months

...—...

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

—

.

K@K

Good 4 to 6 months

remained inactive.
abatement, available
offerings continued small and entirely inadequate to meet
bankers'

in

Trading

acceptances

While the demand for bills showed no

Total outstanding acceptances, according to
of the Acceptance Analysis Unit of the

requirements.

the monthly survey

Bank

Reserve

Federal

of

New

York,

published

July

14,

$244,530,440 against $246,574,727 May 31, and $264,222,590 June 30, 1938.
Import bills declined from $81,994,101 May 31 to $81,427,298 June 30, export bills from
$50,785,525 to $45,351,137, while domestic shipment bills
increased from $7,192,894 to $8,398,946, domestic warehouse
credits from $28,446,812 to $30,201,205, and bills based on
were

goods stored in or shipped between foreign

countries from

$58,741,728 to $59,538,474.
Bills held by accepting banks
totaled $191,304,534, of which sum $121,856,899 represented
own bills and $69,447,635 bills of others.
Rates for bank¬
ers' acceptances continued to be quoted 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 running 150 and 180 days. The New
York

Federal

as

Reserve

conditions

cussed

in

Bank in its "Monthly Review"

the

market for

bankers'

dis¬

acceptances

follows:

for bills during July
by reason
of the limited amounts of acceptances released by acceptors
to dealers for resale in the open market.
Investment de¬
mand remained active and largely unfilled.
Dealers' offer¬
"Activity

continued

in

to

the

be

discount market

restricted

small proportions

to

ing rates continued at levels previously quoted.
Low

that

announced

received from commercial paper dealers showed

returns

continued

but

in large amounts,

country

accession

Gold

$2,583,000,000.

aggregated

%% to %% for average grade prime four- to six-month
was reported, although the larger volume of trans¬
actions occurred at the lower rate.
Under date of July 21
of

paper

also due to the placing

of

total

its

was

by banking

active call

in

contra-seasonal

somewhat

a

continued

paper

with available supplies remaining far short of
the existing demand.
No change in the prevailing range
investors,

The total

outstanding at the end of June was
$245,000,000, or approximately the same as at the end of
May.
Some further decrease occurred in export bills, but
slight increases in most of the other classifications largely
volume of acceptances

offset this

The

decline.

decline

from a

year

ago

in bills

outstanding diminished slightly further in June."

July

24.

1

1

1

July

9...

July

25__

1

1

1

July

10...

1

1

1

July

26__

1

1

1

July

11

1

1

1

July

27__

1

1

1

July

12.._

1

1

1

July

28

1

1

1

July

13—

1

1

1

July

29..

July

14___

1

1

1

July

30__

July

15—

Saturday

July

31__

July

16...

Sunday

July

Saturday

Sunday

ft

—

.

__

PRIME

on

180-day loans.

1

1

1

Saturday

2

security collateral

were

unaltered at

1%% for 90-day loans and 1 V2%
Although trading in securities expanded

moderately during the month, few requests for new accom¬
modations

were

received,

and transactions,

concerned in the main the renewal
DAILY

90 Days
150 Days
180 Days
120 Days
Secured by
30 Days
60 Days
Accept'ces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask

Sunday
1

the nominal quotations of
for

RECORD

OF

TIME

as

heretofore,

of older loan contracts.

LOAN

ACCEPTANCES

Call Loans

July

Saturday

Sunday

3

Time loan rates

BANKERS'

m

«

-

-

-

-

-

—

m.

m

K®7i«
Holiday

9i #®K

K®91#

K®916

K®7IB

9u®K
8i«aK

K®9u
Ka91«

Ka'is

Ka7is

K®716
Ka'u

K®7is

_

Ka71«

Ko'it

m

Ka7i«
Kfl7»

»

Ka7 is

Ka7i#

916®K

K®9u

Ka9 is

4

5
6

7

«.

8

9—

Sunday

10—

Kfl't 8

Ha'n

Ka7ie

9i«aK

K®9i«

11

Ka7i6

K®716
K®716

K®716
K®716

9n®K

Ka91«

9ioaK

Ka'is

K®918
K®916
K®916

K®716

9lt®K

Ka9is

K®916

K®7ie

9u®K

K®916

Ka9is

K®918
Ka'ifl
K®915

K®918

K®916
K®916

K®916

K®916

Ka9ie

—

K®716

13

RATES

12

K«716
K®716

14

K®716

K®718

30 Days

60 Days

15

Mixed Collateral

on

90 Days

Saturday

16

Rates

Sunday

5 Months

6 Months

K®716

K®7i«

Ka7i«

9i«aK

K®716

K®718

K ®716

»16®K

Ka7u

K®71S

K®716

•IBOK

20—

4 Months

Ka'u

K®7! 6

9naK

21

K®716

K ®716

K®'i«
K®716

17

—

•.

m

m

m

'

'

18—

1...
2...
3...

IK

IK

4...
5_*_.
6...

19

Satur day
Sun day

IK

IK
IK

IK

IK
IK
IK

—

Ka9 is
K®918

'

IK

IK

22

Holi day

IK
IK
IK

K®918

Saturday

IK

23—

IK

IK

IK

IK

IK

24—

IK

IK

IK

9i«aK

Ka9 is

Saturday
Sunday
-

-

.

L,

Ka7is

K®7i«

9i«aK

Ka7is

Ka7i#

916®K

Ka" is

Ka9is

K®716

K®7i8

,

Ka7i«
K®716
K ®718

916®K

K®918

K®916

916dK

Ka9 is

9isaK

K®9i»
K®916

916®K

K®9ie

K®916

25—

K®7i«

8...

Satur day

26

K®716

9..,

Sun day

27

K®7IB

IK

28

K®7ie

K ®716
K®716

IK

29

Saturday

IK
IK

IK

30

Sunday

IK

31....

IK

IK

7...

10...

IK

11...

IK

IK

IK
IK

IK

IK

IK

12...

IK

IK

IK
IK

IK

13...

IK

1.K
IK
IK

14...

IK

IK

IK

IK

15...

IK
IK

Satur day

16...

1.K

IK

IK

IK

IK

IK

19...

IK

IK

20...

IK
IK

IK

IK

21...

IK

IK

IK

/

IK
IK
IK
IK
IK

IK

IK
IK

IK

IK
IK

23...

IK

IK

IK

IK

IK

IK

IK

IK

IK

IK

IK

IK

27...

IK

IK
IK

IK
IK
IK

IK

IK

IK
IK

28...

IK

IK

29...

IK

IK

IK

Satur day

30...

IK

Sun day

IK




IK

IK

YORK CITY

of the Federal Reserve banks and the

IK

implement in the

industrial and agricultural loans.
The investment portfolio changes made by the Federal
Open Market Account led to the first sizable reduction in
Federal Reserve credit in use, traceable to affirmative action
by the system, since January, 1933.
This .policy of failing to< replace all of the bill maturities
in the Federal
Reserve banks' portfolio was inaugurated in
demand

IK
IK

LOANS IN NEW

IK

25...

IK
^1K

RESERVE BANKS—

IK

26...

24...

L5a7 is

THE FEDERAL

K®916

The chief developments of the month in the banking posi¬
tion were the further reduction in the Treasury bill holdings

Satur day
Sun day

22...

OF

BROKERS'

IK

IK

K®716

K®7i6

RETURNS

Sun day

17...

18...

.

for

commercial,

the week June 21, as noted in these columns last month.
The move, as the authorities explained in a statement issued
June 29, was not designed to be a major change in credit
policy.
Rather, the move was ascribable to the difficulty
which the Federal Open Market Account was experiencing in
replacing all of its maturing bills except at or near a no-yield
basis.
In the week ended June 28 the account did not re¬

place $13,378,000 of its discount bill maturities. In the fol¬
lowing week—that ended July 5—the maturities were fully
replaced. In succeeding three weeks, however, some runoff
of maturing bills was permitted, with the result that for the
five weeks to July 26 the bill holdings of the Federal Reserve
banks declined from $476,816,000 to $401,020,000, a reduc¬
tion of $75,796,000.
The resulting enlargement in the market
supply of discount bills available for purchase was accom¬
panied by a slight hardening in the bill rate from 0.005%
to 0.019%.
The system's investment in Treasury bonds and
Treasury notes was unchanged at $911,090,000 and $1,176,109,000, respectively.
The decrease of $62,418,000 in the Federal Reserve banks'
Government securities portfolio in the four weeks ended
July 26 was the most important influence making for the
reduction of $55,000,000 in the volume of Federal reserve.
The loss of reserves which the banks suffered through the
system's failure to replace part of its maturing bills, however,
was more than wiped out by the additions to reserves from
other sources.
In fact, actual member bank reserves ex¬
panded $310,542,000 to a total of $10,436,286,000 in the
four weeks from June 28 to July 26 and excess reserves
increased $250,000,000 to an all-time high at $4,490,000,000.
The rise in surplus reserves lagged behind the upturn in
total reserves because bank deposits, as had been the case
for several months, were sharply on the increaase.
The main

15

MONTHLY REVIEW

Aug., 1939]

sources

from which additional

to the accounts of member banks

reserves

flowed

the decrease of $219,-

were

694,000 in the Treasury's deposit balance in the Reserve
banks, the $134,000,000 rise in the gold stock to a further
new high at $16,227,000,000 and the decline of $53,000,000
in Treasury cash.
The decrease in Treasury cash was in
reflection of the fact that the Treasury was depositing with
the Reserve banks gold certificates against its free gold.
Deposits of gold certificates in the four week period aggre¬
gated $203,503,000 as against the increase of only $134,000,000 in the gold stock.
In addition to the decline of
$55,000,000 in Federal Reserve credit, other offsets to the
additions to bank reserves included the $40,000,000 expan¬
sion in currency circulation and the $7,000,000 increase in
non-member deposits and other Federal Reserve accounts.
Currency circulation increased $138,000,000 in the week
ended July 5 in response to month-end and holiday demands ,
and by July 26 only $98,000,000 of the currency so paid out
had been returned to the Reserve banks.
Foreign central
bank deposits with the Federal Reserve banks decreased
$63,438,000, while other deposits increased $76,321,000.
Bills discounted for
member
banks
declined
$674,000.
Industrial advances, which had been on the decline, showed
an increase in the four week
period of $139,000 and commit¬
ments to make advances were up $301,000.
As for the weekly reporting banks in New York City,
their total loans and investments increased

$49,000,006

in

the four weeks to July 26, thereby attaining a new high since

September, 1937.
Loans increased $54,000,000, the prin¬
cipal cause being the rise of $30,000,000 in loans to com¬
merce, industry and agriculture.
Ignoring the influences
usually making for a decline from late spring up to mid¬
commercial loans have increased $50,000,600 in
the reporting New York City banks since the end of May.

loans

expanded $51,000,000 in the week ended July 26,
owing to the rise in the stock market and the increased
borrowings by investment bankers.
Loans to others for
purchasing or carrying securities, however, declined $13,000,000.
Street loans, as compiled by the New York
Stock Exchange, increased $16,505,281 during July to $553,767,240 July 31, 1939 from $537,261,959 June 30, 1939.
A
year ago, ou July 30, 1938, the amount of these loans out¬
standing was $493,615,933.
COURSE OF STERLING EXCHANGE IN JULY

Sterling exchange in July, as since early in April, continued
steady with cable transfers generally fractionally above
$4.68. While for both commercial and tourist requirements
rates should seasonally favor
sterling as against the dollar,
the dollar was in steady demand abroad, due entirely to war
fears which constantly drew sterling and other currencies into
dollars.

The steadiness of rates and

narrow

fluctuations

were

due

chiefly to the activity of the exchange equalization funds,
though seasonal requirements for foreign currencies to meet
both commercial and tourist needs reduced to
extent the

a

considerable

necessity for intervention by the British equaliza¬

tion account.
Of moment to

foreign exchange traders was the passage of a
the United States Congress continuing the
President's power to devalue the dollar and the $2,000,000,000 exchange equalization fund.
measure

by

On June 29 the British
of the

Treasury made public the condition
gold holdings in the Exchange Equalization Account

of March 31, 1939.
The fund was shown to have at that
time 49,490,000 fine ounces.
At the'same time the Issue

as

Department of the Bank of England held 30,459,000 fine
making a total of 79,949,006 fine ounces. Valued at
148s. 6d. an ounce, the total
holdings represented about
£594,000,000.
ounces,

The report showed that the
a

Equalization Fund had only

relatively small

amount of foreign currency on March 31.
The statement indicated a
drop of £138,000,000 in the gold

stock in the six months ended March 31 and of £292,800,000
in the full year. The decline in the
shock to foreign

gold stock was a distinct
exchange and banking circles which had not

anticipated at the worst a decline of more than £110,000.000
The most significant event
affecting the future of foreign
exchange was probably the disclosure that on July 12 the
Bank of England bought
£20,002,848 of gold bars, or
approximately $93,613,327, from the British Exchange
Equalization Account, making payment by the transfer of
Government securities, with the result that the credit
situation in the London money market was not affected by
the operation.
The acquisition of the gold was deemed
necessary owing
to the rapid increase in the circulation of the Bank of
England,
which is

expected to expand still further with the August
holiday. On July 5 the Bank's statement showed that
reserves had declined to
13.9%, as compared with the high
of 37.6% on Jan. 26. Had the reserve not been strengthened
by the gold purchase, the reserve ratio would doubtless have
fallen below 10% and would have had a serious effect on
sterling. In the drain of August, 1938, the reserve/ratio fell
to 18.8%. The ratio on July 5 compared with 13.8% during
bank

the Munich crisis.
,

The Bank of England statement as of July 26 indicated a
circulation of £510,898,000, the highest level in the

note

history of the Bank.
circulation

were

Factors contributing to the record high
the increased business demand for money,

Term loans, the new type

some hoarding, and early withdrawals for the August bank
holiday. Since the Munich crisis last September the British
banks have shown a tendency to keep large amounts of notes

banks have

in both the London and provincial offices to meet the

summer,

of longer dated loan in which the
recently been specializing, have accounted for a
good proportion of the increase in total (commercial loans.
By virtue of their expansion in June and July, commercial
loans in New York City on July 26 had risen above the
spring peak and were at their best level since last November.
The other main

demand

from

cause

brokers

of the demand in total loans
and

dealers

was

the

in

securities, as noted
below.
Loans to banks were up $20,000,000, but other loans
dropped $11,000,000. Investments of the 16 reporting New
York City banks decreased $5,000,000, with
Treasury bills
off $25,000,000, Treasury notes up $6,006,005,
Treasury
bonds up $8,000,000, Government guaranteed issues
higher
by $19,000,060 and other securities off $13,006,060. Demand
deposits-adjusted increased $226,(XX),000 to a new record
high at $7,804,000,000..
Loans and investments of the weekly reporting banks in
101 cities increased $102,000,000 in the four weeks from
June 21 to July 19, loans being up $44,000,000 and invest¬
ments $58,000,000.
Loans to commerce, industry and
agriculture increased $70,000,000 to the best level of the
year at $3,893,000,000.
The weekly reporting banks out¬
side New York City displayed greater interest in
Treasury

bonds

than had

been

item for the 101.cities

their
was

wont, as the increase in this
$72,000,000.
Holdings of Trea¬

bills increased $18,000,600 and Treasury notes were up
$11,000,000. Government guaranteed issues increased $32 ,000,000, but other securities decreased $75,000,600.
De¬
mand deposits-adjusted rose $149,000,000 to a new peak at
$17,387,000,000.
Loans of the reporting New York City banks to brokers
sury

and

dealers

increased

in

securities—the

$27,000,000




to

a

so-called

total of

brokers'

$523,(X)6,o6o.

loans—

These

re¬

quirement of British industrial interests and other owners of
capital for ready cash, in itself a form of hoarding.
Undoubtedly the prosperous condition of industry in
Great Britain is also an important 1 factor in the increased
circulation. Unemployment had dwindled to inconsiderable
proportions by July and in many lines of industry there was a
shortage of skilled labor.
The armament program was
responsible for the major part of the increase in industrial
activity, for during the past six months financial London
continued to display such hesitancy that the city itself was
classified as a distressed area. There was no foreign lending
or any important domestic issues.
The great housing pro¬
gram which had been a feature of the improvement in British
business for several years ending in 1937 had virtually
ceased.
Figures published in July show that during the
month of June housing construction was 29% below that of a
year ago, while construction reflecting defense activities had
advanced 19%.
The war scares were responsible for the
interruption of the housing effort.
Despite the large movement of gold to the United States
since the World War, figures published by the Federal
Reserve Board in July indicate that the leading foreign
countries have made substantial increases in their gold
holdings.
The Reserve Bulletin estimated that the gold
reserves of the foreign central banks in July amounted to
$11,000,000,000, as compared with less than $3,000,000,000
at the end of 1913.
The combined gold reserves of the five
foreign adherents to the tripartite monetary accord—
England, France, Belgium, The Netherlands, and Switzer¬
land-—were $8,534,000,000 in December, 1938, as compared
with $986,660,000 in December, 1913.
The "Bulletin"

MONTHLY REVIEW

16

"The market for

estimated that the combined gold reserves of Germany and

Italy were only $222,000,000 at the end of 1938, as against
$546,000,000 in December, 1913.
For the first six months of this year the total new capital
raised in London amounted to £57,144,773, compared with
£74,050,924 in the same period of 1938.
Domestic require¬
ments accounted for £39,906,000,
compared with £56,139,000 in 1938.
Shrinkage in activity carried the British
new capital market
below the previous record low levels
of 1931, when the intensification of international crises
heightened later by the collapse of the Austrian Credit
Anstalt, the German bank moratorium, and the suspension
of the gold standard by Great Britain, brought new capital
markets to

a

virtual standstill.

of

the American, Dutch, and other foreign securities held by
British investment trusts and insurance companies.
This

followed

measure

on

the

unofficial

but complete

embargo

the purchase of foreign securities established on April 20.
Both the census undertaken in July and the embargo had
on

for their purpose the

financial mobilization of Great Britain
against the possibility of war.
The embargo was designed
to keep British capital at home in order to facilitate the
floating of armament loans and to proetct the pound and
the gold reserve.
The purpose of the census is to make
promptly available credits for purchases abroad based on
the transfer and sale of British-owned securities, a measure
which in the previous war was not taken until 1917.
Canadian exchange showed gradual firmness throughout
July though at all times ruling at a discount in terms of
the United States dollar.
On July 29 Montreal funds came
to parity with New York.
Montreal funds ranged during
the month between a discount of 5-16% and par.
Gold on offer in the London open market during July
amounted to £6,449,000, compared with £9,600,000 in June
and with £8,551,000 in May.
The London check rate on
Paris was steady during July, favoring Paris and ranging
between 176.74 and 176.71 francs to the pound.
The
prevailing rate was 176.72, the average on 22 days.
The
London open market gold price ranged between 148s. 5%d.
and 148s. 6%d. per ounce.
The American price for gold
(Federal Reserve Bank of New York) continues at $35
an

London

ounce.

market money rates were easy
throughout the month.
Call money against bills ruled at
%%.
In the first two weeks of the month bill rates were
open

follows:

2-months,
23-32%, 3-months, 27-32%, 429-32%,
and
6-months,
1%%.
Rates eased
gradually to close the month at 21-32%, %%, 13-16%,
and
13-16% for the respective maturities. The New
York banks were closed on all Saturdays in July, resulting
in nominal sterling quotations for those days.
as

months,

LONDON

CHECK

RATE

ON PARIS

AND

PRICE

OF GOLD

IN

LONDON

1_
Mean

London

London

Check Rate

Open Market

on

Paris

Gold Price

July

2

148s.

176.74

Paris

on

Gold Price

SUN

July 17

DAY

176.72

148s.

6d.

July 18

6>iad.

Cuban

176.72

148s.

5 34d.

July

3

176.73

148s.

6^d.

July 19

176.72

148s.

6d.

July

4

176.72

148s.

6Hd.

July 20

176.72

148s.

5

176.72

148s.

6^d.

July 21

176.72

148s.

148s.

in

Havana

legislation.

induced

Some

by

pro¬

improvement

occurred, however, as the original legislative program was

substantially modified, but the discount at the end of July,
at

around

9%%,

considerably in

was

prior

prevailing

excess

of the

5%%

recent decline.
For the
second time since the early part of June the British-Chinese
figure

the

to

Stabilization Fund apparently

withdrew its support of the
July 18, allowing the Shanghai rate on London
to decline from about 6 9/16 pence,
at which level the
exchange had recently been pegged, to about 4% pence.
Changes in the gold holdings of the Bank of England
were as follows:
For the week ended July 5 a decrease of
on

.

.

£49,434; for the week ended July 12 an increase of £19,981,049, as the result of the purchase that day of £20,002,848
in gold bars from the Exchange Equalization account; for
the week ended July 19 an increase of £9,608; and for the
week ended July 26 a decrease of £35,848.
The Bank's

gold holdings
to the

on

July 26 stood at £247,040,111.

Pursuant

Currency and Bank Notes Act of 1939, the Bank of

England's statements beginning March 1, 1939, have carried
the gold holdings of the Bank at the market value current
as of the statement date instead of at the statutory price
which was formerly the basis of value.
Details of the gold movement at the Port of New York
were outlined as follows in the
"Monthly Review" of the
Federal Reserve Bank of New York for Aug. 1:
"Gold

imports of all classes at New York totaled $257,-

200,000 during July, of which $1S1,800,000 came from Eng¬
land, $45,500,000 from Holland, $14,200,000 from Canada,
$5,600,000
from
Switzerland,
$3,300,000
from
Mexico,

$2,400,000 from China, $2,100,000 from Colombia, $1,600,000
India, $500,000 from Chile, and $200,000 from Ecuador.
On the West Coast, $11,000,000 was received from Japan,
from

$3,800,000
from
Australia,
$300,000 from India.
"The

amount

of

gold

held

$800,000

from

under

earmark

China,
for

and

foreign
$170,-

account at the Federal Reserve banks increased about

000,000 during July, as compared with an increase of

$105,-

July 31 foreign holdings of ear¬
marked gold here amounted to approximately $1,300,000,000.
The net gain of gold to the United States in reported inter¬
national transactions, including receipts on the West Coast,
as
well as at New York, but deducting the addition to

000,000

in June,

and

on

foreign earmarked holdings, was $103,100,000, as compared

$130,500,000 in June and a monthly average of $257,-

with

700,000 in the first six months of 1939.
gold

stock

of

the

United

States

increased

about

$130,000,000 during July, as compared with a gain of $150,000,000 during June and $165,000,000 during May, reaching
new

end

of

high figure of approximately $16,240,000,000 at the
the month.
The total increase for the first seven

months of the year has been

6^d.

176.72

monetary

in excess of $1,700,000,000."

6Md.

July

dollars

for

demand

intense

jected

a

1-.

weakness

in the Chinese yuan.
The peso
to a discount of about 18% against the
United States dollar early in the month, in response to an

"The

London

Open Market

non-European currencies during the past
sharp break in the Cuban peso

featured by a

declined abruptly

Mean

London

Check Rate

July

was

renewed

and

yuan

Government in July instituted a census

British

The

month

6d.

6

176.72

14&.

6d.

July 22

July

7

176.72

148s.

6d.

July 23.

July

8__

176.72

,148s.

6d.

July 24

176.72

148s.

5^d.

July

9

July 25____

176.72

148s.

6d.

148s.

6d.

6^d.

July

SUN DAY

SUN DAY

French francs

July 10

176.72

148s.

6d.

July 26

176.72

July 11

176.72

148s.

6d.

July 27

176.72

148s.

July 12.

176.71

148s.

6d.

July 28

176.72

148s.

6Hd.

July 13

176.72

148s.

6d.

July 29

176.72

148s.

6y2d.

July 14

176.72

148s.

6d.

July 30

July 15

176.72

148s.

53^d.

July 31

148s.

6J4d.

SUN DAY

July 16

In

SUN DAY

176.71

commenting

on

the foreign exchange situation in July

the Federal Reserve Bank of New York said in its "Monthly
Review" for Aug. 1:
"With

the

exception

guilders,

of

showed

which

rather

erratic fluctuations, rates for the leading European curren¬
cies continued to hold steady during July.
of

The pound ster¬

against the dollar toward the middle

ling firmed slightly

the month, when rumors

were

Germany and Poland would reach

put into circulation that
an

agreement over Dan¬

zig.

During the remainder of July, however, the spot rate
continued to fluctuate within the narrow range of $4.68%
to

$4.68%, and turnover

limited.

was

French francs were

maintained at about 176.72 to the pound and,
ruled steady

"As

was

the

developments.
new

therefore, also

against the dollar.
in the previous month, rate changes

case

Netherlands

the

exchange

responded

to

in
political

internal

Reports toward the middle of July that a

Netherlands

Cabinet

committed

to

a

conservative

financial policy would be formed under former Prime Min¬
ister
to

a

Colijn led to short
high of $0.5367

developed on subsequent days, as indica¬
parliamentary opposition to the new Cabinet grew,

the

spot

rate

reacted

$0.5313, only slightly above
for

the

minor

open

other

so-called

fluctuations

discount
lent

the spot rate rose

Renewed signs of weak¬

however,

ness,

tions of
and

covering and

July 24.

on

of 4%

per annum

close

the

month

at

about

Spot quotations
currencies
showed
only

month ago.

neutral

during

three-month

on

to
a

the month

just ended,

belgas narrowed from

to 2%, accompanying

an

an

and the
equiva¬

easing of

market money rates in Brussels, which followed the
Bank's action in lowering its discount rate from

National

3% to 2%%.




CONTINENTAL

AND

were

OTHER FOREIGN EXCHANGE

exceptionally steady throughout July,

with the rate favoring Paris and hardly ever deviating from
176.72 francs to the pound, as compared with the official
minimum of 179 francs to the pound.
Official figures show that the gold

stock of the Bank of
equalization fund exceeded
holdings, which were pub¬
lished as of the end of March.
The British gold amounted to
79,949,000 ounces, equivalent to 2,265 fine metric tons.
The French total as of the end of Feburary amounted to
2,573 fine metric tons.
On the assumption that there were
no
hidden British reserves, the French stock, therefore,
exceeded that of London by 308 fine metric tons.
The
French report indicated that as of the end of February the
French equalization fund had gold amounting to 459,132
kilos 900-1000 fine, valued at 17,423,000,000 francs.
At
the end of October, 1938, the fund's gold was 54,776 kilos,
valued at 2,167,000,000 francs.
It was shown that French
gold holdings in the first four months of the present Ministry
had increased 354%.
French foreign trade reports published in July showed that
for the first half of the year there was a reduction of 2,575,000,000 francs in the import balance, as compared with the
corresponding period a year ago. 'While imports were 24,765,000,000 francs, an increase of 1,501,000,000 francs,
exports were 18,040,000,000 francs, an increase of 4,076,000,000 francs.
The deficit was reduced from 9,301,000,000
francs in 1938 to 6,725,000,000 francs in 1939.
On July 29, the French Cabinet passed a series of 80 decree
laws covering a variety of matters, of which the most impor¬
tant was the prolongation of the life of the present Parlia¬
ment for two years.
The parliamentary elections would
normally have taken place in November, when the authority
of the Daladier Cabinet to govern by decree was to terminate.
France and the French exchange
the total of Great Britain's gold

The continuation of the Parliament is in effect a continuance

of the decree powers for two years.
sold on July 3 at 2.64%@2.65 and on

Paris cable transfers
July 31 at 2.64%@

2.65.

Belgian

currency was

rate in New York ruled

steady throughout July.
The spot
generally at 16.99%.
On July 5 the

Aug., 1939]

MONTHLY REVIEW

Belgian Government took
trade.

Its

to increase

measures

the export

designed to stimulate domestic
recovery through wider use of cheaper central bank credit.
The first step was the reduction in the rediscount rate of the
Bank of Belgium toThe rate had been at 3% since
May 11 at which time it had been reduced from 4%, which
rate had been in effect since
April 17.
A rate of 1 Yi%
discount for paper based upon exports of Belgan goods
was put into effect.
At the same time a 1 XA% discount
rate was established
for Treasury paper having a ma¬
turity of four months or less in order to broaden the mar¬
ket

for

program

Government

was

Shanghai dollar was due to the efforts of Japan to force the
adoption of the Japanese sponsored currency of North
China.

The London
price for silver was 18 1-16d.

on July 3 and
July 31. The Hongkong dollar was 28.77 @291-16
July 3 and 28.64 @28 13-16 on July 31.
The Shanghai
dollar was
12.6234@12 15-16 on July 3 and 8.40@9.00 on
July 31.
Yen checks were 27.28@27.31 on July 3 and
27.28 @28.30 on July 31.

1613-16d.

Under

the

new

system

«

purely domestic
avoided

,r
NN

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&

Stf 3

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CO CO CO

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The Reichsbank statement

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German mark quotations were held steady with reference
to both sterling and the dollar
by the strict control at Berlin.
as of June 30 showed that note
circulation had reached the highest level since the post-war
period at 8,731,137,000 marks.
A year earlier circulation
was reported at
6,439,974,000 marks.

CO

^5

S

By this

paper.

the

s
a

V#

means the Belgian au¬
outright cash subsidy,
although the net effect is the same as far as the foreign cost of
the Belgian article is concerned, because lower financing
charges mean lower production costs, which in turn permit
the quotation of lower prices abroad.
Belgian cable trans¬
fers sold on July 3 at 16.993^@17.003^, and on
July 31 at

thorities

s,

?

an

export bill of exchange may be discounted at the National
Bank of Belgium at a charge of
llA%, while 2lA% is charged
for

on

on

»

issues.

17

O

wjc

Kj

O

.

«S- <0
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Figures published in Berlin in mid-July showed that the
working income in Germany increased 64.3% between
1933 and 1938.
The production of consumption goods in¬
creased only 29.5%.
The added working income was ab¬
sorbed in the main by added taxation.
In other words, the
workers have been increasingly working to produce
greater

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total

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steady throughout July,

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was

law has been enacted in Greece which
to sell to an authorized bank within
a

three months all foreign
exchange received from abroad

10

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00 00 00 00 00
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Tjl If If

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.

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The United States Department of Commerce
residents

krt

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-*

'"9

5.263^, and on July 31 at
5.263^@5.263^.
Greek exchange is one of the minor units in the New York
^

*^ v

CC

00
CD

which might illuminate the financial and business situation
in Italy.
Cable transfers on Rome sold on July 3 at 5.26Y%@

market.

0

■

CO

the past few years, by the stringent control at Rome.
The
Government continued to withhold publication of any figures

advised in July that

^ ^ ^

rjfl

improvement in
their own standard of
living.
Despite increased taxation,
the total German debt increased from
24,000,000,000 marks
in 1932 to 64,000,000,000 marks as of the end of June. 1939.
were

I-ao co
CO CO CO CO CO

COCO CO

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armaments for the State rather than toward

Italian lire

r-N

w\eo\«\

^j&Ji* ^ ^ ^ ^ ^ ^

as

DAILY

profits

or other earnings from business carried on in Greece
remuneration for services rendered in Greece to
persons
firms established abroad.
The Greek drachma was

RATES

^ ^ ^

OF FOREIGN

jzz?ja?o?

EXCHANGE

or as

for

quoted throughout the month at 0.85% and 0.8634 cents.
Exchange on the countries neutral during the war was
steady and in close sympathy with sterling so far as the
Scandinavian and the Swiss currencies

guilder fluctuated widely, showing
and 53.53 for cable transfers.
It

should

June 30

as

borrow

was

concerned.

The

of between 53.08

The fluctuation in the

guilder

be

a

recalled

that

Premier

Colijn resigned

consequence of
for defense and

without

a

controversy over his reluctance
public works, so that Holland
government until July 25, when he formed a

cabinet from the members of the
parliamentary
In the debate in the lower House on

July 27

confidence

tion

passed and the
July 28.

on

on

was

a

minority.

motion of

no-

Cabinet offered its resigna¬

22.5234@

34
Cable transfers on Sweden were 24.10 @24.1114 on
July 3 and 24.12@24.13 on July 31.
Exchange on the South American countries was quiet and
steady throughout July.
Rates were .held in close relation
•

London and

to

New

York

controls.

through the various exchange

budget estimates issued in July showed the
Argentine Government's deficit for 1940 at
167,200,000
pesos.
The budget bill calculated the expenditures of'the
year at 1,089,900,000 pesos, and revenues at
922,700,000
Toward the end of the month the

Argentine Ministry of

a

communique denying "insistent rumors here
modification in the exchange rates in
official
and free markets." The statement added: "The
present situa¬
tion of the Treasury and the
financing of the crops can be
faced without recourse in
any way to monetary manipula¬
and abroad of

tion."

disclosed at the end of July that
negotiations
under way between the Brazilian Government
and
ment

on

Brazilian dollar bonds.

l.

SUNDAY

2.64%a2.64y8 2.64Jia2.65

22.53 V2a.54^ 22.54o22.55
HOLIDAY

2.64%a2.64y8
2.&4%a .6415is
2.64^a.64"i8

.64^a2.65
,64J^a2.65
,64^a2.65

22.54a22.55

July 10-

2.64^a .6415i6

July 11.

2.643432.641516

64^a2.65
64^a2.65

July 12.

2.64Jia2.65
2.64 J^a2.65
2.64?ia2.65

July

3.

July "4.
July
July

5.
6-

July

7.
8.

July

9.

July 13.
July 14.

22.53 ^a.54
HOLIDAY

SUNDAY
22.54022.55

22.54a22.55M
64i5iea .65L6 22.53^0.543^
64i5i6a .65116 22.54a22.543^
65
a2.65iie 22.54a22.5434

22.54o22.55

4.253404.26
22.5434a22.55 4.2534o4.26
4.253404.26

22.54 34022.55

SUNDAY

2.64ui6« .64

July 20.

2.6434a2.64^
2M%a2M7/8

,64^a2.651i6 22.53 34a. 54 y, 22.54o22.55
4.253404.26
.65
a2.653i6 22.5534a.57 34 22.55 34 o22.59 4.253404.27
,64i5i6a2.65
22.55a22.56
22.553^0.5634 4.253404.27
22.55a22.56
22.55 34 a. 56 34 4.253404.27
,64%a2.65
22.55022.56
22.55 34a.56 34 4.253404.27
,64%a2.65

2.64^a2.65iie
2.64J^a2.65ii6
2.64^a2.64K
2.64%a2.64^
2.64?ia2.64J^

64i5i6a.65^ 22.57a22.58
64i516a .65y8 22.56a22.57
64Ka2.65
22.56a22.56J4
64%a2.65
22.56a22.5634
64%a2.65
22.5534a.5614

July 17.
July 18.

July 21.

2.64Ma2.65
2.64»ia2.65

July 22.

.HOLIDAY
SUNDAY

July 23.
July 24.

July 25.
July 26.

July 27.

July 28.

SUNDAY

July 30.

II 2.643432.641516 2.64^a2.65
July 31.

22.55

022.56 22.5540 22.564 4.2434a4.27

Germany

Belgium

Reichsmark

Belga

Checks

Cables

Checks

Checks

16.99 34al7.00 34

19.58ol9.75

16.99 34O17.00 17.00al7.0034
40.1034a.1234 40.11040.13
40.1034a40.13 40.11040.1333 16.99al7.00
16.99 34 al7.00 34
40.1034a40.13 40.11a40.1334 16.99al6.99 V4 16.99 34al7.00

19.58019.75

HOLIDAY

July

SUNDAY
40.10 34a. 12 34 40.11a40.13

16.99al7.00

HOLIDAY

July
July

July
July

19.58ol9.75
19.58ol9.75

HOLIDAY

July

SUNDAY

July

40.Ilo40.1234 40.1134O40.13 16.99al7.0G
40.1134o40.13 40.12a40.1334 16.99al6.9934
40.Ila40.13
40.113^a40.14 16.99al6.99 34
40.lla40.13
40.1134a.1333 16.99al6.9934
40.11040.13
40.1134a.1334 16.9834al6.99

July 10
July 11

July 12
July 13

16.9934ol7.0034

19.58ol9.75

16.99 34O17.00
16.99 34al7.00

19.58ol9.75

I9.58al9.75

16.99 34al7.00

19.58019.75

16.99al6.9934

19.58o19.75

40.1134a.1334 16.9834al6.99 16.99al6.99 34
40.1134o40.14 16.99al6.9934 16.9934al7.00
40.1134a.1334 16.99ol6.99 34 16.99 34O17.00

19.58ol9.75

July 18

40.lla40.13

July 19

40.llo40.13

July 20

40.1134a40.13 40.UMo40.14 16.99al6.9934
40.1134a40.13 40.12a40.1334 16.99al6.9934

The precarious position of
the

Hungary
Pengo

Cables

July

40.11040.13

pay¬

22.5734 a.5833 4.243404.27
22.5634a.57 34 4.243404.27
22.5634 a22.57 4.2434o4.27
22.56 3£a22.57 4.243404.27
22.56a22.57
4.243404.27

HOLIDAY

July 29.

HOLIDAY

July 16

_




22.5434a.553^ 4.2534a4.26
22.5434a.55 34 4.253^04.26

HOLIDAY

July 15.
July 16.

July 15

the

nominal at nine cents.

4,243404.2634

22.54 34 a.55M 4.243404.2634
22.54a22.55 M 4.24 34 o4.26

22.53i/2a22.55 22.54a22.5534 4.243404.26

July 17

toward the end of

wis

Checks

HOLIDAY

2.

were

Shanghai dollar, which collapsed
entirely
July.
On June 1 the Shanghai dollar was
quoted 15.98@1634- It declined sharply at the end of June
to 12.73@12.90.
On July 28 the quotation in New York
was

Cables

repre¬

foreign bondholders for the resumption of

Exchange on the Far Eastern countries during
July fol¬
lowed familiar trends.
For the most part these currencies
moved in close
relationship to sterling. The outstanding ex¬

ception

Checks

July

July 14

was

sentatives of

Cables

July

July

pesos.

It

Escudo

Checks

Official

Finance issued

Portugal

Franc

July 19.

new

Guilder cable transfers sold on
July 3 at 53.0734@53.09
and on July 31 at
53.10@53.13.
Swiss cable transfers
sold on July 3 at 22.54@22.55 and on
July 31 at
22.56

Switzerland

Franc

July

largely the result of internal difficulties.

was

to

were

a range

France

SUNDAY

July 21
July 22

19.58ol9.75
19.58ol9.75

HOLIDAY

July 23

16.99 34al7.00
16.99 34al7.00

19.58ol9.75
19.58ol9.75

SUNDAY

July 24

40.11a40.13

July 25

40.11a40.13

40.1134&. 13 34 16.99al6.99 34 16.99 34al7.00

19.58ol9.7j5
19.59ol9.75*

July 26

40.11a40.13

40.1134a.1334 16.9834a.99 34 16.99al6.99M

19.58ol9.75

40.1134a.1334 16.99016.9934 16.9914ol7.00

July 27

40.11a40.13

40.1134a. 13 34 16.98 340.99 34

16„99al6.99M

19.58019.75

July 28

40.llo40.13

40.1134a.1334 16.9834ol6.99 16.99al6.9934

19.58ol9.75

July 29

HOLIDAY

July 30
Julv 31

SUNDAY
..

40 1134 a40.1334

40.12

O40.14 16.984116.99U 16.99ol6.99M

19.58ol9.75

MONTHLY REVIEW

18

RATES

DAILY

Netherlands

OF FOREIGN EXCHANGE (Concluded)

Poland

Dollar

Krone

Guilder

Cables

Checks

Cables

Checks

Checks

sunday

53.07a53.08K 53.07Ka53.09 20.89a20.90K 20.89Ka20.91
holiday

July

Peso

Cables

Checks

1
2

July

3_

31.2la31.22

56.98a58.00

sunday
discount

5uaK%

31.20a31.21

holiday

July

4

18.81al8.85

July

5

5ieaK %

discount

31.2oa31.2l

31.2la31.22

56.98a58.00

18.81al8.85

July

6

1764a1564%

discount

31.20

31.21

56.98a58.00

18.81al8.85

July

7

Ka» 64%

discount

31.20

31.21

56.98a58.00

holiday

July

8

sunday

July

July

9

53.07a53.08K 53.07Ka53.09 20.89a20.90K 20.89Ka20.91
20.89a20.90K 20.89 Ka20.91
53.07Ka.08K 53.08a53.09
53.07a53.08K 53.07Ka53.09 20.89a20.90K 20.89Ka20.91

uuly

July
July

July
July

18.81al8.85

Checks

holiday

July

holiday

July

Colombia

Argentina
Peso

Checks

.

July

July

J

Canada

Zloty

Denmark

9.

sunday
Ma" 64%

discount

31.20a31.21

31.2la31.22

56.98a57.75

732a316%

discount

31.20a31.2l

31.2la31.22

56.98a58.00

discount

31.20a31.2l

31.2la31.22

57.08a58.00

13.

1304a3lB%
732a532%

discount

31.20a31.2l

31.2la31.22

57.15a58.00

July

14

U64a332%

discount

31.20a31.21

31.2la33.22

57.15a58.00

July

15

holiday

July

16

sunday
31.22

57.07a58.00

53.09Ka.llK 20.89a20.90K 20.89Ka20.91
53.08Ka53.10 20.89a20.90K 20.89Ka20.91
53.09a53.10K 53.09Ka53.11 20.89Ka20.90 20.90a20.91
53.13a53.22
53.13Ka53.24 20.89a20.90K 20.89Ka20.91

18.83al8.85

July

10

18.83al8.85

July

11

18.82al8.85

July

12-.

18.81al8.85

July

20.89a20.89K 20.89Ka.90K
holiday

18.83al8.85

July 10.

53.09a53.11

July 11.

53.08a53.09

July 12
July 13

,

53.18a53.22

53.15a53.19

July 14
July 15

sunday

July 16

holiday

7

-

—

..

53.30a53.37

20.89a20.90K 20.89Ka20.91

18.81al8.84

July

17

3iea964%

31.21

53.27a53.34

discount

July 17

53.46a53.60

18.82al8.84

July

18

Ma332%

31.22a31.23'

57.05a58.00

July

19

y8a764%

31.21a31.22

31.22a3l.23

53.46a53.52

18.80al8.84

discount

57.05a58.00

July 19

20.90a20.91K 20.90Ka20.92
20.90a20.91
20.90Ka.91K

31.21a31.22

53.43a53.57

discount

July 18

53.43 Ka.53K 53.46Ka.56K 20.89Ka20.91 20.90a29.91K

18.81al8.84

July

20.

Ka332%

discount

31.21

31.22

57.05a58.00

July 20

53.49Ka53.55 20.89a20.90K 20.89Ka20.91

July

21

Ma332%

discount

31.21

31.22

57.05a58.00

53.49a53.54

18.81al8.84

July

22

July

23

18.80al8.84

July

24

332a564%

31.22

57.05a58.00

18.80al8.84

July

25

332a564%

discount

31.21

31.22

57.05a58.00

July 25

53.46a53.52

20.90Ka.91K
53.63 Ka53.67 20.90a20.91
53.47a53.53
20.89Ka20.91 20.90a20.91K

31.21

53.63a53.66

discount

July 24

July

26

764a3fi4%

discount

31.21

31.22

57.05a58.00

discount

31.21

31.22

57.05a58.00

31.20a31.2l

3l.2la31.22

57.05a58.00

July 21

53.49a53.55

holiday

July 22

sunday

July 23

holiday

sunday

July 26

53.47a53.49

53.47Ka53.50 20.89a20.91

20.89Ka.91K

18.80al8.84

July 27

53.16a53.47

53.17a53.48

20.89a20.90

20.89Ka.90K

18.80al8.85

July

27

316a164%

53.15Ka53.19

53.16a53.19K 20.89a20.90

20.89Ka.90K

18.80al8.85

July

28

>32%

holiday

sunday

July 28

July 29

holiday

July

July 30

July

31

par

30

July

a

29

sunday

disct.

53.09Ka53.12 53.10a53.13

July 31

20.89a20.90K 20.89Ka.91

18.80al8.85

Sweden

Norway

Finland

Krona

Krone

Markka

par

Milreis

31.2la3l.22

57.05a58.00

Bolivia

Ecuador

Peso

a

Brazil

31.20a31.21

Chile

disct.

Jc4%

Boliviano

Sucre

Checks

Checks

3.50

7.00

3.50

7.00

I

Checks

Checks

Cables

,

July

July

holiday

July

sunday

5.05a5.24

5.06a5.25

Checks
HOLIDAY
SUNDAY

2

July

3._

—

5.17a5.19
HOLIDAY

July

4__

July

5..

5.05a5.24

5.06a5.25

July

6..

5.05a5.24

5.06a5.25

5.17a5.l9

3.50

7.00

July

7..

5.05a5.24

5.06a5.25

5.17a5.l9

3.50

7.00

holiday

July

8_.

sunday

July

9_.

holiday

July

24.10Ka.llK 23.51Ka23.53 23.52a23.53K 2.05Ka2.07
24.10a24.11
24.10Ka24.12 23.51Ka23.53 23.52a23.53K 2.05Ka2.07
23.52a23.53
23.52Ka.53 K 2.05Ka2.07
24.10Ka.llK 24.11a24.12
24.10a24.11

July
July
July

July
July

2.05Ka2.07

Cables

1--

July

24.09Ka24.ll 24.10a24.llK 23.51Ka.52K 23.52a23.53

July

Checks

Checks

Cables

9_.

24.11a24.12

24.llKa.12K
24.11a24.12
24.llKa.12K
24.11a24.12
24.llKa.l2K
24.11a24.12
24.llKa.12K
24.11a24.11K 24.12a24.l2K

July 10
July 11.
July 12.
July 13.

July 14.

23.52Ka.53K 2.05Ka2.07
23.51Ka23.53 23.52a23.53K 2.05Ka2.07
23.52a23.52K 23.52Ka23.53 2.05Ka2.07
23.51 Ka23.53 23.52a23.53K 2.05Ka2.07
23.52a23.53
23.53a23.53K 2.06Ka2.07
23.52a23.53

SUNDAY

3.50

7.00

July 10-.

5.01a5.24

5.02a5.25

5.17a5.19

July 11

5.10a5.24

5.11a5.25

5.17a5.l9

3.50

7.00

July 12..

5.10a5.24

5.11a5.25

5.17a5.19

3.50

7.00

July 13..

5.01a5.24

5.02a5.25

5.17a5.l9

3.50

7.00

July 14..

5.05a5.24

5.06a5.25

5.17a5.l9

3.50

7.00

—

HOLIDAY

July 16..

sunday

July 16.

HOLIDAY

July 15..

holiday

July 15.

5.17a5.l9

SUNDAY

23.52Ka.53K 2.05Ka2.07
23.53Ka.54K 2.05Ka2.07
23.52Ka.53K 20.5Ka2.07

July 17—

5.10a5.24

5.11a5.25

5.17a5.l9

3.50

7.00

July 18..

5.10a5.24

5.11a5.25

5.l7a5.l9

3.50

7.00

July 19..

5.02a5.24

5.03a5.25

5.17a5.19

3.50

7.00

23.51Ka23.53 23.52a23.53K 2.05Ka2.07
2.05Ka2.07
24.llKa24.13 24.12a24.13K 23.51Ka.52K 23.52a23.53

July 20..

5.04a5.24

5.05a5.25

5.l7a5.19

3.50

7.00

5.17a5.l9

3.50

7.00

24.11a24.12
24.llKa24.13
24.12Ka24.14 24.13a24.14K
24.12a24.13K 24.l2Ka24.14
24.11Ka24.13 24.12a24.13K

July 17.

July 18.
July 19.

July 20.
July 21,

23.52a23.53
23.53a23.54

23.52a23.53

July 22.

July 27_

24.l2a24.13
24.12Ka.13K
24.11Ka24.13 24.12a24.13K
24.12a24.13
24.12Ka.13K
24.llKa24.13 24.l2a24.13K

July 28-

24.llKa.12K 24.12a24.13

July 24.
July 26-

23.52Ka.53 K
23.52Ka.53K
23.51Ka23.53 23.52a23.53K
23.51Ka23.53 23.52a23.53K
23.51Ka.52K 23.52a23.53
23.52a23.53
23.52a23.53

2.05Ka2.07
2.05Ka2.07
2.05Ka2.07
2.05Ka2.07
2.05Ka2.07

24.llKa.12K 24.12a24.13

July 31.

SUNDAY

July 24..

5.04a5.24

5.05a5.25

5.17a5.19

3.50

7.00

July 25..

5.04a5.24

5.05a5.25

5.17a5.19

3.50

7.00

July 26-.

5.02a5.24

5.03a5.25

5.17a5.l9

3.50

7.00

July 27..

5.02a5.24

5.03a5.25

5.l7a5.19

3.50

7.00

5.17a5.19

3.50

7.00

3.50

7.00

July 28

—

5.03a5.25

5.02a5.24

23.51Ka.52K 23.52a23.53

2.05Ka2.07

HOLIDAY

July 30..

sunday

July 30-

HOLIDAY

July 29..

holiday

July 29_

5.03a5.25

5.02a5.24

July 23..

sunday

July 23.

July 25.

July 21..
July 22..

holiday

SUNDAY

5.04a5.24

5.05a5.25

5.17a5.l9

Uruguay

Venezuela

Peru

Japan

Hongkong

Peso

Bolimr

Sol

Yen

Dollar

Checks

July 31..

Checks

Checks

Checks

Checks

t,zecno-

Spain

Lira

Checks

July

1

Cables

3—

July

4__

July

5—

July

6__

July

7—

July

8..
9_.

July

11.02MallK

July

1—

HOLIDAY

July

2..

SUNDAY

July

3..

31.50

17.75

27.28a27.31

28.77a29»i«

July

4—

HOLIDAY

17.75al8.25

27.28a27.30

28.84a291u

5.26Ka5.26K

5.26a5.26M

61.59a61.60

No rates
available

5-

61.59a61.60

31.50

6..

61.60a61.62

31.50

18.25

27.27a27.31

28.79a291n

Juiy

7—

61.60a61.62

31.50

18.25al8.75

27.2Sa27.31

28.83a291ie

July

8-.

HOLIDAY

SUNDAY

11.02KaHK
11.02MallK
11.02MallK
11.02MaHK
11.02MallK

July
July

HOLIDAY

11.02KallM
11.02MallK
11.02MaHK

12..

July 13—
July 14..

Checks

Cables

HOLIDAY

July 10—
July 11-.
July

..

SUNDAY

2—

July

Checks

/

Koruna

m

HOLIDAY

—

July

slovakia

Italy

Peseta

Juiy

9..

SUNDAY

5.26Ka5.26K
5.26K®5.26K
5.26Ka5.26K

5.26a5.26K
5.26a5.26K
5.26a5.26K

5.26Ka5.26K
5.26K«5.26 K
5.26 Kfl5.26 K
5.26Ka5.26K
5.26K«5.26K

5.26a5.26K
5.26a5.26K
5.26a5.26M
5.26a5.26K
5.26a5.26K

July 10—

July 20..
July 21July 22„

July 27—

July 28..

28.79a291i«

27.28a28.31

61.60a61.61

31.50

18.50al8.75

27.28a27.31

28.83a291u

available

July 14..

61.60a61.61

31.50

18.50al8.75

27.28a27.31

28.89a29iu

HOLIDAY

SUNDAY

July 16—
July 17-

5.26a5.26M
5.26a5.26K

61.60a61.61

31.50

18.60al8.75

27.28a27.31

28.81a291n

July 18—

61.61a61.63

31.50

18.50al8.75

27.29^27.32

28.69a28"i#

July 19—

61.60a61.62

31.50

18.60al8.75

27.28a27.31

July 20—

61.60a61.62

31.50

18.65al8.75

27.28a27.31

28.55a28»i#

July 2i_.

5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ko5.26K

5.26a5.26K

61.60a61.61

31.50

18.60al8.75

27.28a27.31

28.57a28"i«

HOLIDAY

July 22..

SUNDAY

July 23^.

5.26a5.26K

61.60a61.61

31.50

18.50al8.75

27.28a27.31

28.56a28»i(

July 25..

61.60a61.61

31.50

18.50al8.75

27.28a27.30

28.57a2813x#

July 26..

61.60a61.61

31.50

18.50al8.75

27.28a27.31

28.57a28»u

July 27..

61.60a61.61

31.50

18.50al8.75

27.28a27.31

28.58a28I3u

July 28

61.60a61.61

31.50

18.70al8.75

27.27a27.31

28.58a2813n

27.28a27.30

28.64a28"ia

—

HOLIDAY

July 29..

HOLIDAY

SUNDAY

July 29..
July 30—

July 30-

SUNDAY

July 31_.

5.26Ka5.26K

5.26a5.26M

61.59a61.60

31.50

18.75al9.00

Philippine

11.02KallM

July 31..

28.6Sa28K

July 24..

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

5.26a5.26K
5.26a5.26K

2S.80a291u

61.60a61.61

July 13..

SUNDAY

July 25..
July 26—

27.28a27.31

juiy 12..

HOLIDAY

July 23..
July 24..

28.79a291i«

18.25al8.50
18.25al8.50

July 15—

5.26a5.26K
5.26a5.26K
5.26a5.26K
5.26a5.26K

11.02KallK
11.02KallK
11.02MallK
11.02MallK
11.02MallK

July 19..

27.28a27.31

31.50

31.50

No rates

SUNDAY

11.02KallK
11.02MallK
11.02MallK
11.02MallK
11.02MallK

July 17July 18-

18.25al8.50

61.60a61.61

31.50

HOLIDAY

July 15..
July 16..

61.60a61.61

July li--

Straits
Java

Rumania

Bulgaria

Yugoslavia

Greece

Shanghai

Islands

Settlements

India

Lev

Dinar

Drachma

Yuan Dollar

Peso

Dollar

Rupee

Guilder

Leu

Checks

Checks

Checks

Checks

Checks

Checks

Checks

34.91a34.94

53.26

Cables

Checks

Checks

July

1—

HOLIDAY

July

1

July

2__

SUNDAY

July

July

3..

July

4__

holiday

2-.

.70 K a. 72

1.20al,21

July

5—

.70Ka.72

July

6—

.70Ka.72

L.20al.23

.70Ka-72

1.20al.21

July

7—

July

S.¬
9—

July 10—

.70Ka.72

1.20al.21

.70Ka.72
.70Ka.72
.70Ka.72

1.20al.21

2.28

1.20al.21

.70Ka.72

1.20al.21

July

July
July

July
July

12—
13—
14—
15—
16—

12.70al2.75

49.80a49.85

54.85a54.95

34.88a34.93

53.32

a.86M

.85Ka.86M

.86

sunday
12.75

53.22

holiday

July 15..

July

34.88a34.92

sunday

16-.

34.90a34.93

53.47

12.44al2.75

49.85a49K

54.82a55.00

9.92al0.50

34.92a34.96

53.67

9.50al0.25

49.85a49K
49.85a49K

54.84a55.00

July 19-_

54.80a54.95

34.9la34.94

53.65

July 20—

54.75a54.95

53.56K

July 21

8.18a 9.25

54.78a54.90

34.90a34.93

.85Ka.86

.85Ka-86M

53.64

a2.31

49.85a49K
4913i6a49.85

34.9la34.94

2.27Ma2.31

8.42a 9.37

July 20—

.70Ka.72

1.20al.21

July 21.

.70Ka.72

1.20al.21

2.28

a2.31

.85Ka.86M

.70

a. 72

1.20al.21

2.27

a2.31

.85Ka.86

25..

.70

a.72

1.20al.21

2.27

a2.31

.85 K a. 86

July 26—

.70

a. 72

1.20al.21

2.27

a2.31

"

.85Ka.86

July 27..

.70

a. 72

1.20al.21

2.27

a2.31

.85Ka.86

July 28..

.70

a. 72

1.20al.22

2.26Ka2.31

.85Ka.86

.85Ma.86M
.85Ma.86M
.85Ma.86M
.85Ma.86M
.85Ma.86M

sunday
8.30a 9.25

49"»a49.85

54.79a54.93

34,9la34.95

July 25_.

8.30a 9.25

4913ioa49.85

54.75a54.90

34.91a34.95

53.60

July 26—

8.33a 9.00

49.80a4913i#

54.80a54.90

34.91aJI4.94

53.60

July 27..

8.11a 8.75

49.80a4913n

54.82a54.90

34.91a34.94

53.30

July 28--

8.33a 9;00

49.80a49"i«

54.79a54.90

34.93a34.97

53.33

34.96a34.99

53.24

:

■"'

!..•

holiday
sunday

J'.i!

July 30-_

SUNDAY

.85Ka.86

.85Ma.86M

53.74

July 24—

July 29..

HOLIDAY

a2.31

holiday

July 23..

SUNDAY

July 24..

2.27

—

July 22-.

HOLIDAY




53.32

July 14-_

July 12__

holiday

.85Ka.86M

July 19..

1.20al .22

34.89a34.93

a.86M

53.23

July 18--

2.28

a. 72

54.79a54.90

.86

—

53.23

34.88a34.92

July 17—

1.20al.21

.71

49.85«49K

July 11

34.88a34.92

54.75a54.92

.85Ka.86M

a. 72

—

July 13--

12.75al2.78

a.86M

53.23

54.75a54.92

.85Ka-86M

.70

July 31

53.20

.86

.85Ka.85K

2.27%a2.30
2.28Ma2.31

July 30..

53.21

34.90a34.93

.85<Ma.86
.85%a.86
.85Ma.86

34.89a34.92

.85Ka.86

1.20al.21

II

34.89a34.93

54.76a54.90

.85Ka.86

July 10-.

holiday

.85Ka.86
.85Ka.86
.85Ka.86

1.20al.21

a.72

July 29..

54.75a54.90

9..

,85Ma.86M

SUNDAY

.7lMa-72
.70

July

54.77a54.90

12.70al2.75

49.85a49K
49.85a49K
49.85a49K

8-_

July

2.27Ma2.30
2.29M,a2.30

July 17-.

July 23—

I2.69al2.80

7-.

July

a2.30

July 18..

.

49.85a49K

6—

July

.85Ka.86M

HOLIDAY

July 22—

12.79al2i5i8
I2.76al2i5i8

July

.85Ka.86

2.28Ka2.30
2.28Ka2.30

1.20al.21

54.83a54.90

5--

.85Ka.86

SUNDAY

July 11

54.76a54.95

49.85a49K
49.85a49K

4—

.85Ka.86M
,85Ka.86M

HOLIDAY

July

49.85a49K

I2.80al2i516

3-.

July

.85Ka.86M

.85Ka.86

2.26Ka2.31
2.26Ka2.30
2.26Ka2.30

sunday
I2.62al2is16

July
July

.85Ka.86

2.26Ka2.31
HOLIDAY

1.20al.21

—

July 31-.

8.40a 9.00

49.80a49i3ig

54.82a54.90

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF BOND PRICES DURING JULY

31

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

for the

July_j

1939

Shares-

Jan. 1 to

1,046,892,000

.

1939

Stock Sales

$178,265,000

.$119,431,000
956,026,000

July
Jan. 1 to July

1938

1939

Bond Sales

1938

18,067,920
126,832,005

July 31

38,773,575
155,938,758

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

year.

The tables

on

pages

Juiy, 1939, and the
embrace every

19 to 40 furnish

range

a

security dealt in

on

complete record of the transactions on the New York Stock Exchange during

They need no extended introduction, as they are self-explanatory.

since Jan. 1.

the Exchange.

The tables

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

The italic 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
The exceptions to the rule are income bonds and bonds on which

price to which accrued interest must be added.

interest is in default.
gent one or more

This method of

32ds of

Sales in

a

quoting bonds became effective Jan. 2, 1909.

PRICES IN JULY

Price

BONDS

July

S'c

repre-

July 1

1939

Bid
U S GOVERMENT BONDS
48,000 Treasury 4^s
1947-1952 A O
5,000
Registered
154,000 Treasury 4s
D
1944-1954 J
2,000
Registered.
10,000 Treasury 3^8
1946-1956 M "§

RANGE

SINCE JAN.

1

Jan. 3

N. 7. STOCK EXCHANGE

Value

Quotations after decimal point

point.

121.8

July 31

Ask Bid

121.12 122

Lowest

Ask
122.4

Highest

Sale Prices

121.7

Sale Prices

114.17 Sale

116

116.4

116.1

113.10 113.20

115.14 115.18 116

i05*"

10304 Sale

5 122.1

Sale

115.23

115.25

Sale

July

121.10

119

July

116.2

115.14

July

16*3*9

103:6*

July

105.13

July

...

Lowest

Highest

Sale Prices

Sale Prices

July

118.26

Jan.

26|122.13

July

11 121.18

July

119.2

Jan.

12 121.18

July

19 116.2
18 115.25
U 115.29

July

114.17

Jan.

3 116.19

June
5
July 18
June 22

July

115.15

May

July

113.10

Jan.

27 110.5

June

103.6

July

29 105.8

Jan.

23

June 21 104.30

Jan.

10

31 106.27

Jan.

3

3 115.25

18

July

1

Registered

47~666

T,66o

Treasury 3^8
Registered
Treasury 3Ms

55",665

Registered
Treasury 3Hs

23",600

1940-1943 7

Treasury 334s

D

1*05*16

163*7*

*29

103.15

July

7

31 105.20

July

10

103.15

1941-1943

M

S

106.27 Sale

105.19 105.22 105.13 Sale

3 111.10

June

7

16

July

5 110.24

July

14

A

107.4

106.18 106.21 106.8

July

26 106.15

July

5

106.30

Feb. 23 107.7

July

110.19

July

31

109.22

Jan.

26 111.9

June

allO.2 July
110.24 July

alio.2

July
6
July 31

109.27

Jan.

25 111.5

June

6

109.22

Jan.

27 111.27

June

6

110.24

Mar. 31 111.2

May

8

1943-1945
1944-1946

107.13

A

A

O

O

109.27 Sale

106.11 106.9

110.1

Sale

110.19 Sale

110.11 Sale

110.27 110.30 111.1

...1946-1949

J

D

109.12 Sale

111.24 111.27 112.8

1949-1952

J

D

109.2

112.20 112.24 113.22

1946-1948

Sale

110.8

111.1

Jan.

10 110.27

June

106.9

July

26 107.12

Jan.

112.10 111.21

July

5 112.8

July

27

112.18

July

3 113.14

Juiy

2i

109.2

111.1

3
U
27

I66:i9*

Jan.

109.11

110.16

21",600 Treasury 3s
1,000
Registered
129,000 Treasury 3s

109.10

^.13.24

7

D

108*24

Sale

III

July

111.21

July

July

111.1

July

1951-1955 M

8

107.6

Sale

110.30 111.1

112.14 112.16 110.24

July

112.16

July

M

S

104.21 Sale

108.21 Sale

109.26 Sale

108.20

July

109.26

109.10 Sale

109.22 Sale

July
July
July

109.31

109,26
109.8
109.12

July

109.12

July
July
July

168.3*1 l6"9".2'

109.28 109.29 108.30

July

109.18

July

1*11*0

Hue Saie"

Registered

1955-1960

1,000
Registered
52,000 Treasury 2Mb
10,000
Registered
22,000 Treasury 2 Ms
Registered

1945-1947 M

S

107*4

1948-1951 M

S

165*2*2 sale"

Sale"

109.22

26 112.21

June

June

27 n 1:3*1

June

5

6 111.1

July

11

26 112.26

June

Mar.

107.4

Jan.

Jan.

7 109.22

Treasury 2 Ms
Registered
Treasury 2Mb

1951-1954 J
1956-1959 M

4,000
Registered..
219,000 Treasury 2Mb
1,000
Registered
1,342,000 Treasury 2Mb

D
S

Sale

103 A3

Sale"

107.30 108

109.5

107~8

16§:i3 Sale"

Sale"

Sale

107.26
107.6

107.30

1958-1963 J

D

102.28 Sale

106.30 107

107.29 Slae

D

102.25 Sale

106.28 Sale

108

107.5

July

3 109.9

July

108.19

July

108.2
108

.July

Apr.

27
28

104.12

Jan.

20 110.9

June

104.10

Jan.

27 109.26

July

31
14
21

107

Jan.

25 110.6

June

107.25

July

107.25

106.28

July

108

107

Jan.

27 109.30

105.19

Jan.

26 109.31

June

Jan.

23 106.3

Jan.

104

Jan.

26 109.21

June

165""

June

June

July

28

July
July
July
July
July

103:4""

Jan.

12

107.30

July

18 108.2

July

27
28
27

102.20

Jan.

26 108.23

June

29

107.25

26

5

Mar. 21

106.3
104.6

6

Apr. 10 110.28
26 114.5

Jan.

110.2

107.10

1, i7i~666 Treasury 2%b

6

Mar. 10

Jan.

111.1

3H&
Registered
10,000 treasury 3 Ms
Registered....

5

5

19
5

28
6

8

2
23
5
5

12
5

Sale

Treasury 2 Ms

Treasury 2Mb
Treasury 2^s

.1945 J

—

D

106.12 Sale

108.17 108.21 108.30 109

108.20

July

28 107.25

July

102.20

Jan.

26 108.16

June

5

108

....

1960-1965 J

Registered

4*5*1*666

Jan.

110.19 110.21 110.23 110.25 110.14

109.31

44"66O Treasury

22",000

109.30

109.30 Sale

1941 F

52,000 Treasury 3 Ms
1,000
Registered
59,000 Treasury 3Ks
Registered

26*666

June 22

D

Registered

180*666

July

June 22 105.24

J

1943-1947

Registered

103*666

105.13

105.24

June

June

7

106.6

Jan.

26 109.10

June

5

30 109.8

June

5

7 108

108.24

July

10

166:3*0"

July

*28

105.1

Jan.

i07:9*~ July

July

28

102.13

Jan.

107.21

28

Registered
.1948 M

S

105*5

105.15 i08~8

10 8*. 12

108:3*0 1*0*9

16§:i2" July'

Registered

1,000

1949-1953 J

102*2*2 Sale"

105.3*1 Sale" 113:22 1*13.24 165:2*8* July'

102.24 Sale

106

Registered

June

5

106.20

70,000 Treasury 2 Ms

1950-1952 M

Registered

*70*666

D
S

106.4

107.5

107.6

July

106.20

July

12

102.24

Jan.

106.20

July

105.28

July

107.7

July

27

102.16

Jan.

107.22

June

June 26

12
6

...

Treasury 2s

1947 J

D

*102*4

102*12 l05*6

165:10" July"

l05:2"8"

July

26

102*""

Jan.

166:3-

S

107.2

107.12

109.22 109.26 109.20 Sale

109.20

109.22

July

17

107.9

Jan.

110.6

June

5

106*2*7

Sale

108.26 108.28 109.2

109.4

166:2*6* Jul'y"

109:1"

July

28

106:2*6*

Jan.

I09:2T

June

6

106*1

Sale

166:2"

Sale"

166""" July"

loeao" July io 106"""

Jan.

160:2*7

Mar. 30

i05*"

1*0*5*10 105:22

l6*5*.i6 105:30 106""

Federal Farm Mortgage Corp—

15,000

334s

](L666

3s

8*3*666

3s

1944-1964 M

July

Registered
...1944-1949 M N

Registered

..

1942-1947 J

J

106.6

166:4

105.24

166:2*6 105:28 105:22" July"

Registered

"11*666

108.24 108.28 108.27 Sale

108:20

102.11 Sale

100.5

*100

105:2*7

July

July

11

105:3*

Jan.

lOeTs

June

July

6

106.26

Jan.

109.17

May

108.21

May 18
May
0

July

7

100

101.25

106.26 Sale

108.31

108.21

2 Ms
.1942-1947 Af S
Home Owners Mortgage Corp—
176,000
3s Series A
I944rl952 M N

July
Apr.

102.22
102.14

Feb. 24

104.1

Jan.

105.18

June

101.22

July

102.12

Registered

2*7*.000
I&looo
192,000

12Ms Series B
Registered
2 Ms Series G__
1 Ms series M

1939-1949 F

1942-1944 J
1945-1947 7

A
J

104.10 Sale

100.12 100

100.2

104.24

101.24 101.29 102.2

D

104.27 104.29 104.31 105.1

101.22

102.4

July

21 100.3
105.4

July

11

102.4

July
July

July

7

Mar.

June

6

2
2
6

FOREIGN GOVT & MUNICIPALS

Agricultural Mtge Bk (Colombia)—
8,000
AGtri sink fund 6s
1947 F A
5,000
AGtd sink fund 6s
1948 A O
2,000 Akershus (Kingd of Norway) 4S.1968 M S
15,000 AAntioquia (Depfc of) Col 7s A..1945 J J
15,000
AExternal s f 7s series B_
1945 J
J
15,000
AExternal s f 7s series C
„._l945J J
8,000
AExternal s f 7s series D__
1945 J
J
17,000
a7s 1st series
1957 A O
48,000
a7s 2d series
1957 A O
38,000
a7s 3d series...
1957 A O
52,000 Antwerp (Oity( extl loan 5s_.
1958 J D
Argentine Nation (Govt of)—
8 f external 4 Ms
273,000
1948 MN
198,000
Sinking fund external 4Ms
1971 MN
284.000
S f external conv loan 4s_Feb 1972 F A
236,000
8 f external conv loan 4s. .Apr 1972 A Q
-

For footnotes

see page




30*

25 %
25 %
93 M
10 M

26
26
95
Sale

10 %

Sale
10M
11%
10 H Sale
9 % Sale
8M
9%
8M
10 M
95 %
96

26 M
26 M
90

13i
13;
13;
13i
12}
12}
12}
901
92 M

87 M
78 %
78 M

Sale
Sale
Sale

80%

26 %
26 M
91

94
16

it*
m

26 % July
26 M July
90

14M
15
15H
14M

13 %
13 %

13 %
13 M
Sale

Sale
Sale

Sale

13%
13 M
12M
12%
13
88 %

77% Sale
77 M

28
92

11%
11M
11M
11%

28

1

92 % Sale
86 % Sale
76 % Sale
76 M Sale

20%
20%
91M
14M
14 M

July
July
July
July
July
July
July
July
July

92 M July

July
July
July
July
July
July
July
July
July
July

14 %
14 M
13 M
13 M
13 %
90 % July

1

86 M July
8
76 M July 25
76 % July 25

94
July 10
37% July 13
78 % July 11
78M July 11

23 M Apr.
8
25
Mar. 22
90

10M
9%
10M
10%
9%

Mar. 13
7
7
June 12
June 10
June 10
June 10
June
9
June
Jan.

Apr. 10
Jan.
3
Feb.
1
Feb.
1
Jan.
3
Jan. 28

9% Jan.

25

June

10

June 10
Jan. 11

9% Jan. 28
85M Apr.

17

89M Apr.

11

95

83 % Apr.
76
Feb.

11
3

88 M June 24
80 M June 20

75M Apr.

8

79M June

May 31

6

y. STOCK

N.

20
Sales in

8S

BONDS

July
Value

FOREIGN GOVT (Continued)—
147,000 Australia 6s of 1925.--July 15 1955
100,000
External loan 5s of 1927
--1957
163,000
External g 4)4s of 1928
1956
33,000 AAustrian Govt s f7s.---------1957
4,000 ABavaria (FreeState) ext.634s—1945
69,000 Belgium 25-yr external 634s
1949
62,000
External s f 6s
1955
124,000
External s f 7s.
1955
22,000 iBenin (Germany) s f 634g
1950
6,000
AExternal sinking fund 6s
1958
181,000 ABrazil (U S of) external 8s
1941
223,000
AExtl s f g 6 54s of 1926
1957
AExtl sf 654s of 1927
368,000
1957
ACent Ry 30-year g 7s—
146,000
1952
27,000 Brisbane (City) s f 5s
1957
49,000
Sinking fund gold 5s
1958
28,000
20-year s f 6s—
—inco
21,000 ABudapest (City of) 6s___1962
Buenos Aires (Province of)
5,000
a6s stamped
{901
143,000
Readjustment 434-4548
{977
13,000
Refunding s f 4 34-4 34s
16,000
Extl readjust 454s-4548
{976
33,000
Extl s f 4 34-4
54, S bonds
{975
38,000
3 %s external s f $ bonds
1984
Bulgaria (Kingdom of)—
7,000
ASecured s f 7s
{967
9,000
iStabilization loan 7 34 s
1968

Price

1939

j

,

12",666

a6s July coupon on
AFarm loan s f
a6s Oct coupon on---

—

ext s f g 7sa7s assented—
AExternal sinking fund

101"

MN

98
16
20

J

j

F

A

M 5
j

j

{942

s f gold 6s
assented-.ARy ref extl s f g 6s

AExternal
AOs

a6s assented-.--

AExtl

s

f 6s int ctfs

a6s assented.___AExtl sinking fund
a6s assented

"9",66o

AExternal sinking

10

F

A

j

D
D

Bank of gu s
a634s assented
AGuar s f gold 654 s
a654s assented..---

"8,666 ACologne (Germany)
Colombia

5034

5034 Sale

O
M1V

A
J

J

j

f 634s—1950
(Republic of)—

of) 7s

{951
{944
{949

Cuba Rep of) 5s of 1904--5s ext debt Ser A of 1914

MN
MN

D
D

O
A

O

MN

MN
M S

D
M S

j

O
J
A

O

MN
F

A

D
MN

j

F

A

F

A

J

j

MN
MS
F

A

{949

434s external loan
434 s external debt
30-year s f 534s

11134
11034
10334
10334
10234
9834
1834
3134

-p
if

30

28

A O

j
2,000 Estonia (Republic) 7s————{967
15,000 Finland (Rep of) external 6s_-__ 1945 M S

1434
9334

Sale
Sale

97",000

A35^year 534s stamped—_—{965
a5Mjs unstamped
—1965

j

D

17

17

14,000

a7s unstamped-—___1949
German Prov & Communal Bks—

11,000

(Cons Agric L'n) 634s ser A-1958 j D
AGreek Govt secured 7s
--1964 M2V

Sale

12

Sale

1334

834
834

"934

11,000
36.000
13,000
4,000
15,000
3,000

A

a6s part paid
-—-----1968
Haiti (Rep of) 6s series A
1952 AO
AHamburg (State) 6s
—1946 A O

A

MN
J

D

M S

,

j

J

1954 F A
347,000 Japanese Govt extl s f 634s
Extl sinking fund 534s.——1965 MN
295.000
For footnotes see page 30.




15

1034

Sale

15

834
1034
634
1034
734
1034
634
1034
734

1034
12 34
834
1234
834
1234
834
1234

9

834

19

2034

13

13'"
12

1234
10

1234

"1134
17

1934
26

2134 Sale
2134 Sale
2534
2534
27

2534
2534
2634
2634

"27"

&

W*
79

'8134

2534

if
834
2034
2634
2634
2634
2634
2634

_____

"1334
12

14
10
14

"1134

84

78

55

6134
5834

64

75

80

74

74

72

71

72

14

934
12

834
13

934
12

834
1234
834

1134

July

11

8
27
5
17

July 25
July 20
July 11
July 20
July 26
July 25
July
8
July 24
July 28
July 25
July 27

July
July
July 28
July 10
July 13
Julv
3
July 21
60
July 28
55
July
3
7434 July
5

20)4 July
27

2634
2634
2634
2634
83 J4
8134
65
61

78

70

69
69

7034

July 25
70
July 10
73
July 26
7034 July
3
70
July 10
70
July
~
1934 July 10

July
July
July
July
July
July
July
July
July
July

73
73
73

23

21

21

78

72
72

57

68
66

6534

6934

60

69

69
69
.....

1934

1534
100
20

10734
—
,

10834 11834
10334

21

—

.

23
23

Sale

75

20
89

—

1734 Sale
1534
16

2034 Sale

75
72

96
97
8934
10534 10534 10534 10634 10534
18
1934
1934
108
109
Sale
10934 Sale
104
10534
10334
113
11834
11834
10434
10434
10434
.

10534 Sale

7434
75
2234

72

2234

66

62

1734
1434

Sale
Sale

17

July
July
July
July
July
July
July
July

July

1434 July

2134
1734

20
20

2234
1734

Sale
1834

Sale

2334 July

Sale
8434

2534
2634

30

2334
2534
2634

1834

21

1934

79

80

7934

19

{734

26

33
2334
2734
21
78

2134
1934

——'

,

nH
37

2834 Sale
10734

90

13
31

31
18

14
28
25
26
10

17

Sale

834
834
934
934
27
20

103

10

9

1234
3734
2434
113

73
5434 Sale
8034 Sale

41

75
Sale

7434

Sale

6434 Sale

55

Sale

9
28

4734 July

20

1334 Apr. 19
13
Apr. 11

Jan.

24

3234 June

5

11134 Jan.
11134 Jan.
10434 June
106
July

20

26
21
18
21

11

12

834
12

834
12

834
1234
834
1234
834
1234
834
1134
8)4
1134
8

18

-

1234
1234
1234

July

"934 July"

39

19

12:
18
29

June

6

June

29

6

20
28

26
June 27
June
6

Jan. 18
Jan.
4
Jan. 10
2434 Mar. 23
2734 Mar. 13
2334 Jan. 13
1834 Mar. 13
16
Jan. 12
1854 Jan. 14
4
1634 Jan.
1834 Jan. 17
1654 Jan. 17
3
1834 Jan.
9
1634 Jan.
1834 Jan. 14
3
1634 Jan.
1834 Mar. 11

1634 Jan.
1834 Jan.
1634 Jan.
16
Jan.
1434 Jan.
1634 Jan.
1434 Jan.
Jan.

16

3
17
3

14

3
11
17

Jan.

July

5^

11

Jan.

10

Jan.

10

June

P

Jan.

24

Apr.

2034 July

31

1934 Jan.
1934 Jan.
Apr.
23 34 Apr.
2434 Apr.
7634 Apr.
7334 Apr.
4734 Apr.
25

20

28
28
12
8
13
11
12
17

Jan.

28

June

28

June

26 H July

5

7
7

28
13
21
10
11
20
24

6534 Apr. 12

2734 Mar.
27
Apr.
9634 Mar.
9434 Mar.
65
July
61
July
8034 Jan. 24

3034 Mar. 13

40

Mar-

Feb.

9

5

14 108

Jan.

?iH

26
26
26
3
31
28
10

65

Jan.

4

65

Jan.

65

Jan.

66

Jan.

12
17
23

6634 Jan.
65
Jan.

23
9

Feb.

16

1434
8934
10534
1634
105
104

Jan.
July
Apr.
Apr.
Apr.

July

3
13

9
4

12

Jan. 17
Feb. 28
Mar. 11

Mar. 10
Mar. 10

Jan.

73
73
73

3

3

July
July
July
7154 Feb.
75
July
73
July
2034 June

26
26:
26
28
31
28
23

5

2134 June

7

Feu.
1
25 100
Feb.
11 107
8
29
1934 May 31
12 11034 June 14

18

7

Jan.

12 106

June

11354 Jan.
10334 Jan.

11 125
20 105

Jan.

17

12

7

934 July
July 26
July 14
July 10
July 11
July 31
July 31
7
July
July 26

May

14

5

20

2134 Jan.

1434 Apr.
1734 Jan.

17
14

18

£p,r-

19
8

27

Mar. 16

22

Jan.

15

16

Jan.

Feb.

Apr. 10
Apr. 11
Feb.
Jan.

July 18
July 27
July 11
July 12
July 29
July
5
July

18

Apr.
834 Apr.

31

9

12

32
27

7

12
16

June

104

11)4 Apr.
734 Apr.
11
Apr.
734 June
11

July

5734 May 31
5834 June
6

10034 Apr. 14 104
6534 July 17
18
May 17
June 26
26
76
93
Apr. 11 105
89
July
3 101
7834 Apr. 11 9734

2334 July

July 28 25
2034
1834 July
3
80
8034
July
19
1734 July
16
1734
July
101
10034 July

Apr.
Apr.
Apr.
Apr.
Apr.
Jan.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
June
Apr.
Apr.
Apr.
May
Apr.
Apr.
Apr.
Apr.
June

70
58

102 34 July
June
8 106
99
May 26 10234 Jan.
50 ?4 July 28
Jan.
60

27
7

30
July 26 30
22
30
July 10 2234
11234 113
July 10 113
6034 Sale
5934 July 20 6134
63
Sale
63
3
60
July
6
4634
4634 Sale
4034 July
72
7334 Sale
July 20 7934
53
Sale
5234 July 20 5734

2334

60

13

100

2334 July
1734 July

July
1734 July

9

734

6034 Sale
60

20

12

1234

2

13
14
15
1

64

2834

17

10034

Feb.

4434 Apr.
4434 Apr.
4434 Apr.
47
May
3234 Apr.

2234 Jan.

5
20
24
27

July
July
July
July
July
July
July
July

18
July
1534 July

24

al0034

1234
11

July
July
July
7034 July
75
July
73
July
20
July

10634
1834
10934
10534
11834
10434

21

2434

Sale
2434

Sale
79

July

2534
2534
2634
2634
2634
8134
7834

86

6434

76

July
July
July
July

14
July 25
1034 July 31
1434 July 21
1034 July 27
13 34 July 24
1034 July 27
14
July 26
1034 July 31
14
July 26
1034 July 31
13
July
7

834 July
12
July
834 July
12
July
834 July
11
July
8
July
11
July
8
July
934 July

Sale
2634
2634
2634

63
78

57

2134
1934
7334

2734
23 34
2234
2434

1234 July

19

53

72

7034

2534

10334 July
10234 July

102

74

26

13

Sale

81

Sale Prices

10834
10834
10134
IOI34
"0034
9834
1534

Sale
26
25
28
5
2534 July
2634 July
10034 July 27 102
10034
July
2102 34 July
8 103 34 July
10334
10234
3 10234 July
5334
5434
9934 10234 10234 July
50
53 34 July
5034 July 28
10134 103
5134
10134 103
10234 July 18 104
10134 103
July
65
67
68
6934
6534 July 17 68
July
26
26
26
30
1534
6- 26
July
July
26
26
26
6
65
26
1534
July
July
96
3
9634 Sale
9734
9834
July
July
Sale
93
89
90
5
9334 July
8834
July
Sale
78
3
8034 July
8134
8434 July

22
Sale

—

25
3

15

4234
7334

ft"
Sale
Sale

1734 July
19
July

11

15

A

F

Sale

15

35

_

F

15

14

14

1234
1334

j
AHeidelberg (City) extlsf 7 34s— 1950
Helsingfors (City) ext 634s——.1960 A O 10334
Hungarian Cons Municipal Loan—
j
ASecured s f g 734s
1034
11,000
—{945
J
ASecured s f g 7s
1034
Septl946
"i",66o AHungarian Land Mtge 734s A.-1961 MN
aS i7 Hs series B—...—-—.1961 MN

2,000 iHungary (Kingdom of) 7348—1944
Extended at 434 % to—
—1979
13,000
2,000 Irish Free State external 5s..__.1960
311,000 Italy (Kingdom) extl s f 7s..--.1951
12,000 Italian Cred Consortium 7s ser B '47
91,000 Italian Public Utility s f g 7s—1952

1434
11

1034

21

21

.--1964

11

1034

12

Sale

July 12
July 10
July
6
July
7
July
7
July 20

104 34 July
106
July

1234 July
834 July
1234 July
9
July
1234 July
9
July
1234 July
934 July

14

834

Sale

5634
5534
5634
5734
e4734

11034 July
11034 July

934 July

Sale

14

15

—

17
17

13 34 July

Sale

1034

12

1534 Sale"
1234
1534 Sale
1234
1534 Sale
13 34
1234

....

—1968 F

1434

Sale Prices

5
101
14'

18

14

14

12

103

July
July

70

July
July

31

1034

834

19
Sale

97

1

July 26
5434 July 27
45
July
3

1034
1234
834

12

Sale

1334

12
1

110

14

834

16

a

a7s part paid——
aS f secured 6s

5534

5434

Highest

Apr. 19 10334 Mar. 10
9534 Apr. 27 10334 Mar. 15
July
Mar. 10
8834 June 29 99
1034 July
July 27j
6
1734 Jan.
7
16
Jan. 27
July 24)
2034 June 23
106
Mar.
9
July 31! 10034 Apr. 11 108
103 34 July 28
Feb. 24
9934 Apr. 11 108
11234 July 18 102
Apr. 11 11634 Mar. 4
14
Jan. 27
2134 July 29
21 34 June
0
13
Jan. 26
1834 July 21
1934 Mar. 2
19
1134 Jan. 13 2834 Mar. 11
July
5!
3
5:
1634 July
934 Jan.
23
Mar. 17
5
934 Jan.
1634 July 18
2234 Mar. 11
7 2134 Mar. 11
5
934 Jan.
1534 July
89
94
Apr. 18 9834 Mar. 10
July 18
89
Jan. 26
9234 July 15
9834 Mar. 10
97
Jan. 26 102
100
Mar. 10
July 10
7
934 July
834 July
7
1134 Jan. 13

54

18

1734

——

a5 34s stpd (Canadian holder)-1965
AGerman Republic 7s stamped--{949 AO

56

20

German Gov't International—

170,000
ii,000

57

17

Sale

2034

July

52 34 July
53
July

17

Sale

108
104
102

70

Sale

!

Sale Prices

98

9734
9334
1134
20

July
11034 109
10934 July
10934 Sale
11034 Sale
10334 July
10334 10434 103 34 Sale
Sale
104
104
al0534 Sale
July
10234 July
10234 103
10234 103
Sale
101
101
July
10234 Sale
17
16
1834
1834
30
2734 July
2834
30
25
2234 July
30
30
2234 July
29
23
25
July

Sale

....

5434
5334

2434
1 934

16

5134
7934

Sale

934

Sale

18

96
93

9234

90

100

Sale

46

1734

Sale

16

1534
1534

13

19

Sale

MN

31,000 French Republic 7 Ms stamped—1941 j D
7 )4s unstamped
——---1941
2,000
External s f 7s stamped---—1949 Yd
2,000
7s unstamped
1949
1,000

Sale

834

MN
j

Sale

29

Sale
Sale
9734 Sale

A O

15

45

12

18

1934
Sale

Sale

12

16

Sale

16

42

Sale

18

21

54

29
Sale
Sale

100

1962

634s_—-}953

30

10334

{955

1942 M S
8,000 Dominican Republic s f 534s
1st ser 534s of 1926-------—{940 A O
8,000
2d series sinking fund 5 34s
2,000
{940 A O
Customs Adm 534s 2d series--1961 M iS
4,000

7,000 AFrankfort (City of) s f

2134
3434

74

gold 6s-1942

534s 1st series.
{969
534s 2d series—
1969
5,000
3,000 ADresden (City) extlsf 7s___—{945
El Salvador (Rep) 1st s f 8s A-- .1948
ACertificates of deposit
2,000

103
Sale

70

B——----{952

14,000

10434
10434

10234 10334
11134 11234

Sale Prices

48

Sale

16

72

{945

External g 434s

1

Lowest

Highest

96
July
9534 July
90
July
1034 July
1934 July
10434 July
10034 July
110
July
2034 July
1834 July
1634 July
1434 July
1434 July
14
July
89)4 July
8934 July
99
July
834 July

5834
5634

109

103

—

Denmark 20-yr external
External g 534s—

Sale
Sale

5934 Sale
Sale
~ *

{977

APublic Works 5Hs_-June 30
Czechoslovak (Rep of) extl 8s—{951

Sink fund 8s series

3534
3534

J

-

ACosta Rica (Rep

56
4134

1234
2034
Sale

65

53
51

55

MN

106

17

65

5134
3734

Sale

Sale

1034
1934

100

5234

50

92

93

78
Sale

55

A

Sale

Sale

10

F

Ask

9734
9734

~93~
99

M S

{961J

s

1634
1434
14 H
1334

9734

M S

f 034®-{957 J D
—{957 J D

A0s of 1928
162,000
9<5 {96}
AExtl s f g 6s--_--------Jan {961
134,000
1,000 AOolombia Mtge Bank 6 34s
{947
3,000
ASinking fund 7s of {926
{946
2,000
ASinking fund 7s of 1927
{947
51,000 Copenhagen external 5s
{952
Gold 434s
87,000
{953
2,000 * ACordoba (City) 7s
{957
*
a7s stamped
— - -—{957
10,000
10,000 Cordoba (Prov) Argentina 7s-_-1942

14,000
61,000
42,000
i,000
90,000
43,000
33,000
4,000
2,000
150,000
87,000
180,000

97

18
16

— _

Sale
Sale

"II""

16

8,000
}96{
AGuaranteed s f gold 6s
12,000
{96}
a6s assented-—11,000
}9bl
AGuaranteed sink fund 6s
5,000
{962
9,000
a6s assented
{962
12,000 AChilean Munic Loan 7s
{960
ACbinese Hukuang Ry 5s_-_—{951

2134
1934

W

96

J963 MN

A6sassented___-

7,000

6,000 AChile Mtge

3,000
8,000

Sale

110

1034 Sale
934
M S

1134
2434

10434 Sale
10034 102

1934

1962 M S

fund 6s

Sale

21

12 ~

—

6s

9734

1014

Sale
Sale

105

20

g6s_.-{960 A O
^-r-{960A O
Feb {96} F A
Feb {%{ F A
Jan {96{ J J
-Jan }96{ J J
Sept {%{ M S
-Sept {961 M S
{962 M S

a6sassented.

17,000
18,000
11,000
6,000
5,000
1,000

{x£x

98

90

10634 Sale
115

j

RANGE SINCE JAN.

Lowest

July 31

Ask Bid

9534
93

Sale
Sale
Sale

2234

{960 J j
{960 A O "2234
{960

--{960

AChile Republic

19,000
53,000
81,000
19,000

10134 Sale

M S

{954 J J
{950 M S

ACarlsbad (City) s f 8s-_ACent Agric Bank (Ger) 7s
AFarm Loan s f 6s

5,000
1,000
72.000

July 1
Bid

J

118,000 Canada (Dominion) gold 4s
{960 A O
155,000
30-year gold 5s
-----1952 MN
47,000
lC-year 234s
--Aug 15 {945 F A
187,000
25-year 3 Ms
{961.7 J
17,000
7-year 2 X8
r
t
377,000
30-year3s-------'
iokI t t

"~i",56o

PRICES IN JULY

Jan. 3

II

EXCHANGE

N. Y. STOCK

EXCHANGE—BONDS

14
23

28
6
Apr.
Jan.

Jan.

5

1734 Jan.

14
6

2434 Feb. 27
3734 June 14
June

30

18

2754 Mar. 3
2534 June 12
81

June 21

19
18

July

June 30 105

Jan.

4
May
Apr. 11

Mar.
Mar.
Apr.
Mar.
Apr.
Apr.
Mar.
52
Apr.
5434 Apr.

754
734
834
834
2234
1834
10134

38
72

22

11

30
25
29

Mar.

11

10

10
33
30
21 113
19
7634
20
75
Apr. 18 55
11
14

July 20
5234 July 20

12
6
5

Mar. 11
Mar. 13
Mar. 10
Mar. 15
Mar. 20

Jan. 10
Feb. 20
Jan.
9
Jan.
6
Jan. 20
8534 Jan. 18
5
6534 Jan,
,

AUG., 1939]
Sales in

n. y. stock

July

n. y. stock exchange

a4s of 1904-.-.

26,000
3,000
18,000

O

F

D
D

J

8 -1*

1M

H

48 M

Sale

9M

7M
7M

49

4*

45

52

42

Sale

93

F

A
O

99 *4

F

A

F

A

100

F

A

104*4
105M
104 M
103 M
101M

J

D

104

F

A

O

A

7M

45

100 M
Sale

«99M

Sale

18M

Sale

M N

50 *4

A

O

J

D

53

MN

50 M

M S

5M

aSs extl secured

s

s

J

A '50 M

30

A

1953 F
1946

D
O
A

1953 j""j

1957 MN

23,,000

a7s extl water loan

91,,000

a6s extl dollar loan

1968 J

ASec s f g 7s
1940
269,,000
2,,000 ASaxon State Mtge Inst 7s
1945
ASinking fund gold 614s-Dec 1946
Serbs Croats & Slovenes (Kingdom)—
a8s secured external
—1962
54, 000

A

O

J

D

MN

a7s series B sec external
1962 MN
83, 000
2, 000 ASilesia (Prov) extl sink fund 7s.1958 J D
4 Ms assented
20 000
1958 J D
ASilesian Landowners Assn 6s —1947 F A

lO" 000 Sydney (City) s f g 5 Ms—
1955
1971
105, 000 Taiwan Elec Pow 5 Ms
39, 000 Tokyo City loan of 1912 5s
1952
External s f 5Ms guar
-.1961
139, 000
AUruguay (Rep) external s f 8s.. 1946
AExternal sinking fund 6s
1960
AExternal sinking fund 6s
1964
3 *4-4-4 M % ($ bonds of 1937)
External readjustment
1979
126,000
3 *4-4-4 M % ($ bonds of 1937)
4, 000
41, 000
7 000

4,000

3M-4M-45n% extl conv
4-4k-4ms external readj

F

A

J

J

Sale

60

18

Sale

17M

UK
7%

VA
Sale
Sale

13

20

20

30

O

51

F

A

MN

42

43 4
40

3914

Sale
Sale

M

Sale

554

96

14 104
1

10556
1 103 4
1 1014
5 1004
12 101

5

18K

21

53

20

46

K

5 102
10

10614
88 K
83 4
5

18

13
13
27
10
14
15
17
12
13
3

20
26
28
26

9 *4 July
9
July

6
3

856 July 18
814 July 18
42
July 12
3414 July 27
46
July 19
40
July 13
46 M July
7
3714 July 27

11.

11M July

5

181

19 K July
19
July

13

5

6!10454

31

July

18

102 M July
31
July

7

9% July
94 July

July
July
July
July
59
July
19
July
1814 July

114
1014
10M
10 M
61M

July
July
July
July
July
20
July
18M July

8M July
8M July

12

6
6

7
7
6
6

5

44

38
16 M

48

39M
31 4
57 M

19 K

27

2756
2214

55 *4

Sale

53 *4

65 K
66 K
10354 104
103 M

100 M
100 M

25

Feb.

2

17
6

11 103
Jan. 20
15 10614 June 23
88 K July
834 July

28
26

5

13 K Mar. 11

7

13 4 Mar. 10
12 K Mar. 11

3
8

124 Mar. 11
July 12

42

364 June

7
5

50

Jan.

42

Mar. 15

54

May 31
8

44

June

15

9*4 Jan.
9*4 Jan.
23
Apr.
14 M Jan.

Mar. 11

174 Mar

14

Feb.

28

70

19*4 July 13
1
194 Anr.
106 4 Mar. 17

Jan.
June

100M June

Mar. 10

107

Jan.

31 *4 Mar.

6M Jan.
54 Jan.

1

4 Mar. 11
134 Mar. 11
14

7*4 Jan.
614 Jan.
7M Jan.
7*4 Jan.
43 4 Apr.

15 *4
15 K
144
144
694
22 4
204
19*4

A nr.
Feb.
Jan.

Mar. 11
Mar. 11

Mar. 11
Mar. 11
Jan.

9

June

5

May
6
May 19

15^ Mar. 11
15

Mar. 11

11

July
July

16

14

9

14

4 Mar. 11
*4 Mar. 11

18

Mar. 13

Jan.
Jan.

6M Jan

14

K Mar. 11

l7M June

32

Mar. 10

20V«

July
July

254 May 15
25
May 11

.Tan.

22*4 Feb.
22 M July

21M July
2054 July
28
July
20
July

53

35

52M Feb.

Jan.
July
July
July
26
Apr.
22
Apr,
34
May
25K Apr.
30K Jan.
36 4 July

15

5

2r

514
8M
8 K
8M

15

Jan.

19M Mar.
57

28

3

9

7

Sale

37

8 104

13
21

43K Jan.

31

22

Mar. 10

7
10 106M Mar. 14
11 105
Jan.
4
11 10314 Mar. 10
in 101 *4 Jan.
3

28

30

June

54

101M

19 101 *4 Mar.
10 10414 Mar.

Jan.

14

9

Mar. 11
15M Mar. 11
June
55
7

74 Jan.

54

Sale
39M

9

26

102

14
29
15

914
9M
23 K
25 *4

56

39

42M

4

Jan.

50

24
14

16

45M Jan.
94 *4 July
93
Apr.
100 M Apr.
100M Apr.
98M Apr.
94 M Apr.
94
Apr.
99 M Apr.
16
Apr.
48
July
43 4 July
9714 Apr.
9914 Apr.

2

May
Mar.
Mar.
June
Mar.
Jan.

15 4 July
10
July

July
8M July
1814 July
25
July

50

41M

3

7M Jan.
7M Jan.

15

Mar. 15

1

1*4
1M
1 *4
1M
1M
56M

9

35

4056

4

25

14
14
25

July
8M July

14

100

Sale

6

25

12

June
Mar.
May
Mar.

614 Jan.
6*4 Jan.

Sale

39

1M
1*4
1 *4
1M

9M July
9M July

38

Sale

M Jan.

1 *4 May 25

27

Jan.
Jan.
Jan.
Jan.

19

40

40

MN

55 M

8

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

20

214 July 19
July 20
22*4 July 24
28

35

40

36 54
58

A

20

9M
9M
9M
9M

Sale

51

39

D

July
July
July
July
31
July
9
July
714 July

50

40

Sale

A

July

102

July
July
July
July

July

27

52 4 July

1
25

40

July
July

18
Apr.
15M Apr.
25*4 Apr.
18
Apr.
25M Apr.
94
Apr.
49M Jan.
35
July
5014 Jan.

Jan.

10

254 Jan.

7

28
33

Jan.

28

Jan.

49

9
27
Feb. 25
29
19 103
Feb. 15
54 4 Mar. 17
Jan.

3

58

Feb.

2

Jan.

51

June

52

42M Jan.

49

Mar.

47 M

40

45 4

Feb.

56

10

46

41

J

1

11
11

10

July 25
7
July
3
July
8
July
3
July
1
July
8
July
1
July
July 29
7
July

10K July

Sale

40

37

F

Sale

46

41

O

Sale

46

J

1961

21K Sale
20 *4
24
28M
22 K
25

Sale

A

1958 F

22 M

35
98 K 100

51M
38M
5154

Sale

61

15 4
94 Sale
656
9M
8M
9M
21K Sale
24 M
24 M

10M

25

33

A

MN

22 M

Sale

49

MN

30

10M

13

Sale

1856

1054
10
12

9

Sale

9

9

12M

15 M

8*4
8M

9M

Sale

10

Sale

M 5

Sale

—16
18

12M

7

334
43 4

"37 56

59

.

48 4 July

11

20

21M
21

Sale

F

f 6s

K

20

1978

s

9M
9M
94
9M

11

3 Ms external readjustment—1984 J
Venetian Prov Mtge Bank 7s—1952 A

extl

8M
7%

9

25

10054
5214

"19 K

41

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

18M
19
19
Sale
1754
103 M 102M 104 4 102-M
102M 10154 103 4 1014

Sale

D

4 Ms assented
17, 000
184 000 Yokohama (City)

19M

10

30*4

1979 MN

1952
1958

11K

27

254

Sale

9M
9K

11M

J

(City of) 6s
AWarsaw (City) external 7s

4314
364

10

1978

A Vienna

35

48
Sale

D

J

19

Sale

9M

c

J6M

38 M
43 K

9

6

11M
7M
7M

37
50

9

2456
7M

41

8

15

7*4
8M
8M
8M

33 4
45

9

Sale

17

1952 MN

External conversion

7%
7*4
68 M

8

45

10M
956

6*4

7

1966 MiV

100

7

754

1968

-

100

106 K 103
90
79 54
Sale
68 M

35

6M
6M

A

1936 J
1950 J
1956 M

19 000

20
Sale

4314

39 M
50

29 M

Sale

48

856
9K
84 Sale
8M
8M

11

18

17M

Sale
Sale
Sale

7 %

37

Feb

1M Mar. 15
39
Apr. 19

48

101

75 M

M
14
*4
14

1
12
5

10M July

10

9M July
934 July

11

76 K

51M

1M July
IK July
14 July

54

Sale

10M
10%

21

4356 July

"19"

Sale

11
12
3

48

50 H
45 M

15M June 12
72 M May 24

4

1M June 29

11K

101

53 K

.

IK

9

Sale

Sale

14 July
1M July
*4 July

42

Sale

9M
9
956

7-

Sale Prices1
38 M Jan. 19
23
Mar. 21
25
Mar.
2

'8 Jan.
5
1M Feb. 24

94 M
95 56
94 %
94 K Sale
97 M
93K
104 M 103 K 10456 103
Sale
103
104M •107
Sale
103 h Sale
101
Sale
101
Sale
99
99 M 100M Sale
9856

33 M

July

Sale Prices

Apr, 19
2
16M Feb.
21M Apr. 26
4
1014 Jan.
64
5
May
M Jan. 12
14 Jan. 12

Va Jan.

44

37 M
44

H

July

,

Sale

9

11

Sale

J.

J

47

10

31

J

of)—

f

11
20

IK

Sale

Sale

O

1961

f

a614s extl secured

154

4?*
I i*

-.1966 J

San Paulo (State of)—
*a8s extl loan of 1921
2,,000
a8s external
43,,000

14

70 M July

Sale

46

a7s Municipal loan
: —1967 J
303 ,000 Rome (City) external s f 614S-.1952 A
18 ,000 ARoumania (Kingdom of) 7s—1959 F

3,,000

19
21

M
56

9 56
7M
9
8M
8M Sale

7
Sale

10

Jj
Prague (Greater City) 714s
1952 AfN
55
(Free State) exts f 614 s 1951 M S,
ASinking fund gold 6s
1952 A O
19 ,000 Queensland (Stateof) ext s f 7s_.1941 A
103 M
45 ,000
25-year extl s f 6s
Feb 15 1947 F
106 M

17,,000

13 H July
68

1

Highest

25

1M
IK

83 K

69

M Sale
10 M Sale
37 M Sale

D

1963

^February 1937 coupon paid
ASaarbruecken (City) s f 6s
Sao Paulo (City of)—

72

60
Sale

11

1946

18

1K

43 K
46 K
99 K 102 M 101
103 M Sale
101

54 M

18 ,000 APrussia

1 ,000

"53"

100M 101M
98
101M

MN

1947

ser

21 M.July

70

"l9"

Sale

1940
1958

a6s extl sinking fund gold
a7s extl loan of 1926

loo"'

H

54

10 ,000

AExternal sec 614s
.89 ,000
Rio Grande do Sul (State
a8s extl loan of 1921
16 ,000

103"

Sale"
104

M S

1950 J

1 ,000 ARhine-Main-Danube deb 7s
7 ,000 ARio de Janeiro (City of) 8s

Sale Prices
28 M July 11

18

97

103
alOl

1960 J
1961

APorto Alegre (City of) 8s
AExternal loan 714s—

Sale Prices
27 M July 24
21 *4 July

Sale

M
M

60""

Sale

1959 M 5

...

14

—

1M

%K

55" Sale

A

M S

SINCE JAN.

Lowest

22 M

-

67

H

..1968 A

44s assented

—

4

4

1947

414s assented
AExternal s f 8s___

M

14M
71

H

IK
K

M
M

1959 M N

11,000 APernambuco (State of) 7s
22,000 APeru (Rep) Sees f g 7s
200,000
ANational loan ext s f 6s
58,000
ANational loan ext s f 6s
11,000 APoland (Rep of) g 6s
4,000
414s assented..
11,000
AStabilization loan 7s

55 ,000
47 ,000
12 ,000

M
M

*4

J

Q

13 M

Sale

67 M

M N

-

3,000

10 M

ASmall

a6s series A

Ask

Highest

|

32

26

29
22

1954

25,000 New South Wales ext s f g 5s—1957
54,000
External s f g 5s
.1958
7,000 Norway 20-year ext s f 6s
1943
21,000
20-year external s f 6s
1944
145,000
External sinking fund 4 4s—1956
111,000
External sinking fund 414s—1965
146,000
4s sinking fund extl loan.
1963
2,000
Municipal Bank ext s f 5s
1970
6,000 ANuremberg (City) external 6s__1952
196,000 Oriental Developments 6s
1953
195,000
External deb 514s
_.__1958
64.000 Oslo (City) 414 s extl sink fund..1955
23,000 APanama (Rep) external 5Ms. .1953
7,000
AExtl s f 5s ser A—May 15 1963
1,050,000
AStamped (assented)
1963

29,000

40

23

MN

150,000 Milan City (Italy) ext loan 614S-1952
Minas Geraes (State of, Brazil)—
43,000
ASec extl s f 614s
1958 M S
20,000
ASec extl s f 614s
1959 M 5
AMontevideo (City) 7s
1952 J D

34,000
12,000

38

AAssenting 4s of 1904.
1954
AAssenting 4s of 1910 large..:
AAssenting 4s of 1910 small
*
ATreas 6s of' 13 assent (large) 1933
*

28 *A

Lowest

D

J

July 31

Ask1 Bid

Bid

Ask

A

J

July 1

1939
Bid

A

RANGE

Jan. 3

>5

$
foreign govt (Concluded)
15,000 AJugoslavia (State Mtge Bk) 7s_l957
5,000 iLeipzig (City) external s f g 7s__1947
ALower Austria (Prov) 714s
1950
20",666 AMedellin (Colombia) 6>|s
1954
9,000 Mendoza (Prov) 4s readj
1954
AMexican Irrigation 44s gtd—1943
k44s stamped assented
1943
AMexico (U S) extern 5s 1899 £.1945
AAssenting 5s of 1899
1945
AAssenting 5s large.
AAssenting 5s small

31

PRICES IN JULY

Price

'III

BONDS

Value

exchange-bonds

43

Sale
4056
41M
Sale

39 M
48

38 M July

37M July
42M July
37 M July
17 M July

55

20

July
50M July

2
2

27

42 M July

19

37

Jan.

17

44

June

2

39 *4 July
39
July
44
July

5

37 4 July

20
22
18
26

36

Jan.

16

43

Mar.

3

35

Feb.

20

42 4 Mar.
47
June

6

37 M July

11

18

July

11

2414 July
55*4 July

26
1

-----

25

Jan.

7

19

37 *4 Jan.

30
354 May 15
374 Apr. 11
144 Feb.
9
22
Apr. 12
164 Apr.
8

6

38*4 Jane 23
51

Mar. 11

184 Mar.

2

34

Jan.

5

>31

Jan.

11

53*4 July

19

60

May

404 July

1

67

Mar. 11

5

railroad and industrial
companies
AAbitibi Pow & Paper 1st 5s__1953 J D
66,000
1948 M S
14,000 Adams Express coll tr g 4s
Collateral trust 4s of 1907
1947 J D
13,000
4Ms stamped..
1946 F
15,000
1952 A
11,000 Adriatic Elec Co external 7s

1943 J
8,000 Ala Gt Sou 1st cons 5s ser A.
First cons 4s series B
1943 J
19,000
14.000 Albany Perforated Wrap Pap 6s.1948 A
6s with warrants assented
1948
1,000
1946
21,000 Albany & Susq 1st guar 3 Ms
116,000 Allegheny Corp coll tr conv 5s__l944
Collateral and convertible 5s_.l949
122,000
ACollateral & convertible 5s__1950
5,000
a5s stamped
1950
249,000
1998
2,000 Allegh & West 1st g guar 4s

26,000 Allegh Valley gen gu 4s
28,000 Allied Stores Corp deb 4 Ms
4 Ms debentures
83,000
202,000 Allis-Cbalmers Mfg conv 4s

60
105 M
103 K

105""
70

104"
50

106
49

10856
106 M
36M

"35~~
F

J

40

38

72 M
79 M
70

A

77

76 M

82

72

72

64*4

A
A

38M

A

45 M
103 K

1942 M S
1950 A O
1951 F

A

1952 M 5

1955 M S
1,000 AAlpine Montan Steel 7s.
Amer & Foreign Power deb 5s—2030 M S
502,000
1953 J D
12,000 American Ice s f deb 5s
1949 MN
222,000 American I G Chemical 5Ms
Amer Internat Corp conv 5Ms..1949 J
J
73,000
American Telephone & Telegraph—

20-year sinking fund 5Ms--_-1943 MiV
3 Ms debentures
1961 A O
342,000
3 Ms debentures
1966 J D
269,000
J
10,000 Am Type Found s f debs 2M-5s -1950 J
53,000 Amer Water Wks & El 6s ser A. .1975 MN
345.000

103

40 M

Sale
50
Sale

"25"
50

106

97

Sale

cm

Sale

93 M

Sale

108 K

109 K
37 M
53

99

40

Sale

"58 *4

10156

Sale

102 *4
102

102

Sale

103

102

1115-6
105 K

Sale

111

Sale
47
48
40 M July
102
102 M 104M 102 ' July
101M July
104M 102 4 104
Sale
107 M
105M July
52
50
52
z50
July
109 K 110M 108M July
106 4 July
107"" 106 M
40
40 K
45
38
July
44 M
45
36 M
44
July
84
78
78
78 K
July
76 M Sale
71M July
Sale
64 M July
Sale
67
28
33
July
Sale
24 M July
"28" Sale
52 M
55
50
50
July
106
Sale
106 *4 Sale
July
100
99 M 100M
99
July
Sale
93
95 M Sale
July
Sale
Sale
110
108M July
35
35
31
July
Sale
58 M July
~64~~ Sale
103 M 102 K 103M 102M July
Sale
102 M Sale
101K July
Sale
102
103 M Sale
July
Sale

109 K

Sale

109

Sale

115

106

Sale

106

10056 104

107

Sale

107

For footnotes, see page 30.




110Ms July
109 M July
July
105 *4 July
108
108 M; 106 4 July

11054s Sale
109 56 Sale
109 M Sale

Sale
Sale

105 M
109 M

1

109

1
48M
8 105
10 104 K
1 107 K
51
8
12 109
5 107 4
5 41M
44
21
6 81
5 79

3

7
6
24
1
3
5
1
3
1
13

69 *4
34 M
29 *4
50 M

106 *4

100M
95 *4
110M
31
64

102 M

21 102 *4
17 104

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

27 111
July
3 110M July
1 110
July
7 106M July
7 107M July

June 12 105
July
994 June 22 10414 July
1004 Feb. 16 1074 July
494 Apr. 19 664 Feb.
107
Jan. 17 109
July
104
Jan.
4 10714 July
324 Mar. 28
414 July
32
3
Apr.
44
July
72
Jan. 23
81
July
68
8
Apr.
854 Mar.
57
Apr. 10 754 Mar.
28
7
July
484 Mar.
224 Apr. 11
414 Mar.
4 94 Apr.
5
60
Mar.
103 *4 Jan.
10 108
June
93
Apr. 29 10014 July
2
884 May
95 *4 July
10 112
Mar.
1064 Apr
30
Apr. 25 40 ^ Jan.
484 Jan. 28
65*4 June

100

102

Jan.

100*4 Apr.
984 Apr,

28
20

25
28
29
21

25
10
9

9

9
8

%3

24
21
9

5
9

10 10314 June
11 10314 Mar.

13

10 1044

13

Jan.

27 11214 Jan.
5 11054 June
Jan.
Jan. 27 11054 June
Apr. 12 lim Jan.
Apr. 18 107H July

116% July
1055-6
1054
102M
994

24
18

4

12
8
12
13
27

EXCHANGE—BONDS

N. Y. STOCK

22
Sales in

N. Y. STOCK

EXCHANGE

1939

105M

33,000

205,606
14,000

32,000
578,000
193,000
230,000

89
89 M

91%
92 %
87 M
100%
98%
108M

108M
108%
86

91%

221,066

iRef &

1995 J

iRef & gen 5s series A
iCertificates of deposit

408,000

gen

56 M
19

1995 J

D

1.02,000

iCertificates of depositiRef & gen 5s series F
iCertificates of deposit
iConvertible 4%s

263,666
130,000
896,000
409,000
189,000

1996 M S

PLE&W

VaSysref4s——1941 MN

iSo'western Div 1st mtge 5s-.1950
iCertificates of deposit

J

Toledo Cinn Div ref 4s A
1959 J
24,000 Bangor & Aroostook RR 1st g 5s 1943 J
19,000
Con ref mtge gold 4s
1951 J

11,000
4s stamped
2,000 Battle Creek & Sturgis

--1951
1989
Beech Creek Exter. 1st g 3Ms.--1951
57,000 Bell Telephone of Pa 1st 5s B —1948
gu

3s

------

42,000

30

59 M
105

63

%

Sale

104 %

Sale

40

A

117%
129 M

3

6,000

iDebentures

6s

Berlin Elec Elev & Undgrd Rys—
Alst 6Ms1956

207,000 Boston & Maine 1st 5s ser AC--1967
96,000
1st mortgage 5s series II
1955
238,000
1st g 4Ms series JJ_.
1961
12,000 % iBoston & NY Air Line 1st gu 4s *55
19,000 Brooklyn City RR 1st 5s
1941
62,000 Bklyn Edison cons mtge 3 Ms
1966

307,000 Bklyn Manhattan Transit 4%s_1966
6,000 Bklyn Queens Co & Sub gtd 5s.-1941
1,000
1st 5s stamped-.
1941
36,000 Brooklyn Union El 1st 5s--.--.1950
171,000 Brooklyn Union Gas Co 1st g 5s 1945
94,000
1st lien & ref 6s series A
1947
343,000
Debentures gold 5s
1950
323,000
ls<- Ben & ref. 5s series B
1957
42,000 Buffalo Gen Elec 4 Ms ser B
1981
Buffalo Niagara Elec 3 Ms ser C.1967
81,000 iBuff Roch & Pitts cons 4 Ms
1957
95,000
iCertificates of deposit
21,000 *tiBur] Ced Rap & Nor 1st
6,000
iCertificates of deposit
13,000 Bush Terminal Co 1st 4s.
105,000
Consolidated 5s

M S

48 M Jan.
Jan.
49

26

65

July

26

65

July

47 M Jan.

30

64% July

22 M
22

Sale

18 M July

Sale
Sale
Sale

July
18 H July
18M July
17 M July

23M
23 M
24M
24 M
23 %
23 M
23 %
23 M
13M
13 M

16 M Jan. 24
16M Apr. 10

23 M
23

87

40 M July
105M July
83
July
83
July

45

39 M July

July
July
July
July
July
July
July
July
July
July
55
July
54 % July
45M July
45
July
49
July
12 106M July
85
July
84
July
39 M July

116M July
134M July

7 118
July
6 135 M July

17

Sale

18 M

18M

22

Sale

22

Sale

13M
13 M

Sale

16

"l4"
Sale

46

54
Sale
Sale
Sale

56 M

45

38M

60

86

,

Sale

85%
35

'

47%

30

Sale

117M 118
135M

134 M

3,000
3,000
2,000
5,000

9M

Sale

6M

6%

108M

Sale

MN

73 M

Sale

MN
F

J

A

MN

MN
J

D

MN
F

A

J

D

MN

5,000
399,000
4,000
11,000
83,000

22,000
24,000

35
35

"86"

103 M
75

Sale

94

111%
109M
28 M

5M

78M
Sale

31M
30 M

33 M

5M

6M

8

7

Sale

70

Sale

61

41

Sale

37 M

52

Sale

iilH

118M
116% 117M
115

Sale

114M

Sale

—

J

D

M
M
1966 A
4s.. 1961 J
1987 J
1987 J

S
S
O
J
J

Sale

Sale
Sale
Sale
Sale
Sale

60

105 M

106M

88 M

90
55
89 M

14

31M
12M
6

5M
10

~~5%
6%
103
72

18M

5

54

100 M
92 M

Sale

6M
14

11M
7M
14

Sale

J*
67
Sale
56
Sale

93 M

Sale

28 M July

7M
62 M

36

35 M
6

4M
71

37 M
54

102 H
92 M

38 M
Sale
Sale

5M
79 M
Sale

6M July

57

Sale /

48
92

12M

15
34
8

3%
3M
7M

Jan.
33
34 M Feb.
Jan.
38
Apr.
102

July

28
28
28

Mar.
4
4
52
25 108% Jan. lo
3
1«
98% Jan.

50

Apr.

26 101% Jan.

39 M July

39% July

26

10
26

Mar. 17
116M Apr. 26 119
3 135% July 26
129M Jan.

34%
36 M
31M
6M

109 M July

110

75M
38 M
4£
83 M
112

July
July

79 M
42

July
July

88 H

July

L13M

111M July
93 M July
103 M July
110M July

42

114

21

25
31
7
18

37

July
July
July

54

6M
3M
3M

34
7

3M
3%

6

4M
71M
41M
56 M
102 M
93 M
117

July
July

117

July
July
July
July
July
July
July
July

120 M
119M

July

July

121

117

116M
124 M
75
97 M

114
94 %
86 M

24

5% May

4

Feb.

14

47

107 % Jan.
68
Apr.

Mar.
June

8

45

Mar.

16

42

July

23

92

Mar.

26

40

Mar.

5M July
4M July
64 M July

13

10

Feb.

28

13

,8%

Feo.

28

75

Mar.

Apr.

10

47

Apr.

17

92

Jan.

35

7

113M
113M
117M
117M
116M

June
7
3 103
96% Jan. 10
3
July 20
19 117
July 17
4 117
May
June 10
Jan. 26 121

Apr.
Apr.

May
112M May
114

ll\H

Apr.
Apr.

90

Apr.

112

Apr.

89

Apr.

81M May

M July

10M July

10 M July

27
29
24

6M July
3
July
2 M July

90 M July

July
July

20
26

3% July

17

7
3

20 120% June 12
28 119% July 17
July 28
4 117
1

100% Jan.

23

8

20
20
9
94% Mar.
45
May 29
11
109
July 17
20
July 31
95
4
8 114%

1

Feb.

105

Jan.

85
43

Apr.

May

4

52

Feb.

82

Apr.

17

97

Mar. 16

9M .Tune 16
8
31M Apr.
6M Apr. 10
3

Anr.

10

2% July 25

July
107 M July
July
71
69
July
52 M July

24
1
18

4

5

July

93 M July
69 M July

100
80

July
July

109 M

50 M
115 M 115

75M Sale

78M

34 H

Sale

50

Sale

115

Sale

75

Feb.

12 100% Jan.

35% July
16M July

July

3M July

Sale

18
18
21

29 M July
15
July

4

32%
15M
12 M

116% July

11 124% July
82% Jan.
11

12 Vs July
14M
July
105 M 107 M 107
105M 107
67 M July
66 M
68 M
70 M Sale
69
July
75
75
42 M July
"42 H Sale "51M Sale

7

7

110M

16

6

14
28

Apr.

19
18

Sale

41% July
56% July

89 M May

43

7

79M

8

25 M Jan.

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

18

-----

3

17
26
97% July 31
26
4 105% July 24
Jan.
93
109 M June 13 113% Apr. 25
169 M .Tune 21 109% June 21
9
40% Mar.
26 M Jan. 30

103 M Jan.
72 M Jan.

43 M July
87 M July

7

24

12 113% July
6 114
July

40

5

105"

82% Mar.

80 M Jan.
106 % Jan.

17
31

5

7

10% Jan.
64

23

40

July
July

July
July

3M
90

37% Mar.

28 111

July
July

7M
100
69 M

June 27

Jan.
Feb.

35

109
95

90

Jan.

23

38 H July
37

28

8 108% Feo.
2
Apr.
100M Apr. 10 105% June 13
6
8 102% June
96 H Apr.
106 % Jan. 11 107% Mar. 15
Mar.
9
26
Jan.
39%
24
Jan. 26
40% Mar.
25

97 M
105M July
110M July

July
July
July
July

26

28

10.5

July
July
July
July
July
July
July
July
July
July
July
July

July

Jan.

20% Jan.
21M Jan.

July

30M
29 M
5M
4M
64 M

June
5
Feb. 16
26% Jan.
7

Jan.

28
31
27

30

19

28
14
13

7M July

July
July
July

104 % 104 M July
104M 104
102 M Sale
102M 103M 102 M July
104

July

Apr.

6

50

28
5

78

17

115

Jan.

Mar. 16

45

16

13

Feb.

45% July

Apr.

7

28
28
28

Mar. 10

14

Anr.

5

Sale

Sale

3

July

24

2M May

15

4

Sale

104
M S 100
99 M 103 M
M S

3

44 M Jan.
Jan.
43

6
18

4

16M

Sale

10

10

30

115M

11

23%
23%
14 M
14%
55%
54%

7 M Feb.

Sale

Sale

Apr.
Apr.

23% Feb.
23% July

9M June 3n

July

62

100
92 M July
93 M
Sale
115M July

90 M

108M

Sale

26

10

July
104 Vs July

July

60

Sale

43

Sale

79 %

Sale

90

OO

54

34

48

80

Sale

24

r

101M July

33 M

43

39 M
25

115

103M July
99 % July

Sale

95

2M
2M
4M

24

16M Jan.
Jan.

107

90 %

110

106%
74 %
67 M
60 %

z2S

89

111

109%

J

July

106 % July

115M
119M
119M
117M
115M
114M
123 M
71M
95 M
96
95 M Sale
96%
1.13 H 117
113M 114M 113M
91
94 M Sale
•91M Sale
84 M
86 M
84
86
86
60
35
60
37 M
107
107 M 106M 108M 107 M

~6M

28 M July
27 M July
23 M July

Sale

116M 116 %
116% C/116M Sale
120M 120 M Sale
Sale
120 H Sale
Sale
118M Sale
116M 116M 117
115
115% 115M Sale
123 M 123M 124M 124 M
72 M Sale
73 M Sale

10M

3
15
6

Sale

28 M
7

115M
115M
119M
119M
117M
115M

39
Sale

23% Mar.
24 M July
24% July

10

Jan.

16

110

.109 M

O
92 M Sale
O
95 M Sale
O
115M
J
Sale
«7
118M Sale
O

D
A

23 M July

60 M
57
109 M 109 H Sale
109
78 M Sale
75 M Sale
42
46 M
38 M
36
95
95
40
41H
88
86
83 M Sale
113 M Sale
112 M Sale
111M Sale
113 M Sale
97 M Sale
.93 M Sale
103 M 103 M 105 M Sale
110 M 110K
110M Sale

Sale

1960 A
1966 A
1962 A
1957 J
1969 J
1969 A
197OF
1955 J
1956 F
1951 M
1946 J

A

27 M July
27 M July

24 M

28M

31 % July
32
July

32

62

Sale

O
J

S f deb 4Ms (1935 issue)-----1950
S f deb 4Ms (1938 issue)
1950




Sale

1952 A
1955 J"

1962 A O
Cent Pac 1st ref guar g 4s
1949 F A
Through St L 1st gu g 4s
1954 A O
Guaranteed 5s
--I960 F A
Central RR & Bkg of Ga 5s
1942 MN
Central Steel 1st sink fund 8s
1941 MN
Certain-teed Prod s f g 5%s A..1948 M S
Champion Paper & Fibre—

For footnotes see page 30.

38 M

82 M
106 M

26

-

283,000

50

MN

mtge 5s
-.1941
Cent Hudson G & E 1st & ref 3 M '65

Illinois Light 3%s

Sale

FA

MN
J D
F A
J D
F A
MN
A O
A O
iChat Div pur money g4s
1951«7 D
iMacon & Nor Div 1st g 5s
1946 J
J
iMiddle Ga & Atl Div pur m 5s '47 J
J
iMobile Div 1st g 5s.
_-1946«7 J
Central Foundry 1st mtge 6s
1941 M

Centra]

Sale

29 M

JiCarolina Central 1st gu g
Caro Clinch & Ohio 6s ser A__-_1952

94,000 tiCentral New Eng 1st guar
73,000 iCentral of N J gen g 5s
iGeneral 4s___
8,000
80,000 Central N Y Powei 3 Ms

32
28 M

S
122 M
J
80 M
J. J
98 M
1946 M S
112%
1944 J J
98 M
1954 J D
91M
1960 J
J
42 M
4s__1949 «7 J

Central

Sale

32

J

—-

28

Sale

J

.

1.07
106 M Sale
103 M 103% 104M
10 LM
99 M Sale
108
105

Sale

23,000 Carriers 3c Gen Corp deb 5s w w.1950
2,000 Carthage & Adir 1st gu g 4s
1981
19,000 Oelotex Corp deb 4Ms w w_____ 1947
2,000 iCent Br Un Pac 1st g 4s
.1948
JiCent of Ga Ry 1st g 5s..Nov 1945
iConsol gold 5s
15,666
1945
iRef & gen 5Ms series B
1,000
1959
iRef & gen 5s series C
13,000
1959

42,006

26

27 M

J

28

28M

28$
48

17M Apr.

Mar.

24

June 29

18

28
28
28
10
14
28
28

86

86

Il7"

July

38 % July

Sale

85

,

87

82

July

39

45
Sale

43 M
49
106M 106

,82%

45

Sale

40 M

1

16 M July
18
July
17
July
10 M July
9M July
46 M July

Sale

52

39 M

Sale

45

45

O

A

46

10

July

16M

Sale

25

64 M July

MN

5s._1934 A O

43,000 Bush Term Bldgs 1st 5s gu
417,000 Calif-Oregon Power 4s
47,000 Canada Sou con gu 5s ser A
71,000 Canadian Nat gold 4Ms
71,000
Gu iranteed gold 5s
July
46,000
Guaranteed g 5s___
Oct
25,000
Guaranteed g5s
Guar gold 4Ms------June 15
53,000
Guaranteed gold 4Ms
70,000
98,000
Guaranteed gold 4 Ms
122,000 Canadian Northern guar 6 Ms
232,000 Canadian Pac 4% deb stock
102,000
Collateral trust gold 4 Ms
29,000
5s equip trust ctfs.
170,000
Collateral trust g 5s
133,000
Collateral trust 4Ms

40~666

J

12

26 M Apr.
Jan.
52

52 Vs July

29%

101M
100 M
106 M

1944

Sandy Ry 1st mtge 4s

July 28
37% Mar. 9
64 M July 17
8 106% June
1
102 M Apr.
Mar.
8
1
25
19 M July
Mar.
1
60
Apr. 28 72
Mar. 13
Jan. 25 102
100
33 M Jan.

Sale

16

-

UH

63

22 M
22 M

105 %

7

8
89% Mar.
9
71% Mar.
80
July 25
Jan.
6
72

July
July

24 M

Sale

97

65

19

Sale

25

1
76 M May
54
May 17
May 24
Apr. 10

65

28

27 M

89 Vs Jan.

102

28

106 M

Mar. 24

50 M July
52 M July

30

A

„

16

May

18
18 M

1955 A

162,000 Bethlehem Steel 4%s series D--1960 J
460,000
Cons mtge 3Ms series E
1966 A
456,000
3 Ms s f conv debs
1952 A

„

13
20
31
25
18

Mar.

10 103
July
14 111M June

1,00 M July

28

27 M

1959

18 107
26 110

34 M July
64 M July

—_

sinking fund 6 Ms

Mar.

98 M Jan.
108
Apr.

Sale

Sale

Sale
Sale

46

5
28
31
17
31
3
20
3
26
27

July
July

60

85

J

99

28
28
5
17
20 105M July 10
1
21
July 31
5

28

June

Sale

18M

102
45

100

62M July
104 M July
19 M July

102

101

Sale

10M
9%

July

7

8 111% July
98% June

30

96
Jan. 26
1
Mar.
99 M
Feb. 20 100%
Jan. 23
96
Apr. 10 103 M

62 M
64

~17%

Sale
Sale
37 M Sale
107 M
98% Sale

58M July
M July

July

26

July 24
Mar. 10
Feb.
7
June 22
June 21

Apr, 22 112% June
6 114% July
Jan.
94% May

ll'A
14
3
11

59M

52

Sale

Sale

J

Belvidere Dei cons gtd g 3 Ms
1943 J
9,000 iBerlin City Electric deb 6%s__1951 J
F
6,000
iDeb

_

Sale

16

35 M
35

J

1960 A

First & ref 5s series C__

34 M

17M

Sale

43

J

July
July

Sale

50 M

Sale
13 M
45 M Sale

Certificates of deposit

169,000
129,000
16,000

July

65

40

Sale

13 %
12 M

iCertificates of deposit

80

74

Sale
Sale

Sale

18

5

S\

65

52 M
52 M

Sale
Sale
18 M Sale

--I960 F A

84 M July
64 M July

46

Sale

18 M
18 %

—

5

76%

100 M

Sale
20 M

20

2000 M S

D

97

5

30
45

20% Sale
19 M Sale
20 M Sale

D

7

61

Sale

114M July

July
July

39

Sale

1UM July
lllM July

95 M July
82
July

Sale

21

July

18 28%
26 42
19 98
1 101
11 101

105 M Apr.
86 M Jan.

85

57

59 M

11

103

110M July
114
July

63% Sale

Sale

July

103 M July

102 M July
111
July

84 M

45

11

101

July

102

42

104 M
20

3

July

98 M July
98 M July

58 %
74

73M

Apr.
30% Jan.
92M Apr.
96 M May
9.6
Apr.

20

96 M July

101

July

56

78
71

56

.---

6s series O

iRef & gen 5s series

Sale

19

111M July
92 M July
93 M July
99 M July
100 M July

91

82

SI*

Sale

24

109 M July
92
July

-----

31M
32%
51%
55 M
104 M Sale
16M
22 M
71M
75M
101
102

iCertificates of deposit

179,606

110M Sale
109 % Sale
94
92 M
96 M
"74 M
Sale
93
92 M
74 M
100
99
98 M I,00
100 M Sale
101
98
95
90
94 M
92 M
Sale
103
102 M Sale
100 M 102
103
100 M
111M 111M
111
110
111M II.1% 111.M illy*
H2M 109 M
"94"
933/
93 M ~94M
Sale
96 M Sale
96
93 M
Sale

28 M July
38
July

Sale Prices

104M Apr. 20 107 M July

26

July
36
July
96 M July
99 M July
99X July

Highest

Sale Prices

6 107 M July

25

Sale
90 M
Sale
95
Sale
90 M
Sale
Sale

35

J

iCertificates of deposit

397,000

99 M
99 M

85
69
76
69

1948
J
Atl Gulf & WI SS Line coll tr 5s. 1959 J
Atlantic Refining deb 3s
1953 M S
J
J
J*AAuburn Auto conv deb 4 Ms-1939
J
Austin & N W 1st g 5s guar.___ 1941 J
MN
Baldwin Loco Works 5s stpd—1940
Bait & Ohio 1st mtge g 4s.July 1948 A O
ilstmtgeg5s
July 1948 A O

368,066

1

Lowest

Sale Price

Sale Prices

38
36
94
96 M
99 M Sale
Sale
100
Sale
Sale

Sale

107 %

_

-

35 M
94

97

Highest

106 M July

28
Sale
99

26

Sale

Sale

98 M

Sale

25

Sale
34 M

98

Ask
107 M Sale

Ask Bid

106%

25 M
30

-

Second 4s

Sale

Lowest

July 31

July 1
Bid

J

RANGE SINCE JAN.

Jan. 3

142,000 Anaconda Cop Min s f deb 4%s_1950 A 0
Anglo-Chilean Nitrate—
84,000
iSinking fund income deb
1967 Jan
21,000 JAnn Arbor 1st g 4s
-July 1995 Q J
5,000 Ark & Memp Bdge & Term 1st 5s '64 M S
305,000 Armour & Co 4s s f ser B (Del)-.1955 F A
157,600
1st M s f 4s ser C (Del)
-1957,7 J
Atchinson Topeka & Santa Fe—
443,000
Ceng 4s--._-__.1995A O
3,666
Adjustmentg4s
July] 1995 Nov
126,060
Stamped 4s
July 1 1995 MN
9,000
Conv g 4s of 1909
1955 J" D
D
24,600
Conv g 4s of 1965
1955
D
Conv g 4s of 19101966
D
225,006
Conv deb gold 4%s
1948
J
12,000
Rocky Mtn div 1st 4s A
1965
J
19,000
Trans-Cont Short Line 1st 4s gl958
55,060
Cal-Ariz 1st & ref 4Ms ser A- 1962 M S
D
4,090 At] Knox & No 1st g 5s
---1946
J
Atl & Char Air Line 1st 4Ms A. .1944
J
28,000
1st 36-year 5s ser B.__
--1944
88,000 Atl Coast L 1st cons 4s
July 1952 MS
208,666
General unified 4 Ms series A.. 1964 J D
MN
51,000
10-year coll trust 5s—May 1 1945
37,000
L & N collat gold 4s
Oct., 1952 M N
32,666 Atlantic & Danville 1st g 4s
1948 J J

23,060

JULY

PRICES IN

Price

||
ll

BONDS

July
Value

15

51

July

27
25
21

10
3

10

Jan.

6

7
5

4% June 21
5% Jan. 26
8

6 107

Jan.

16

Jan.

5

Apr.

11

80

July

15

July

25

28

Mar.

17

24

Feb.

1

19 110

Jan.

15

18
6 111% Mar. 10
109M Jan.
110M Mar. 25 112% •Tun.e 26
3
Anr. 11
24
39% Jan.
12 M June
196 M June
64% Apr.

64

Anr.

77% Mar. 10

18

72% Mar.

% May 17

50

July

21

Jan.

July

115

70

Apr.

100% Apr.
100% Jan.

6

12

40

July

7

18

Feb.

12% Jan.
6% Jan.
6% Jan.

32

June

79

13

27

91
42

115

18 104 H July
July
1 103

19% Jan.

9

63%

Mar. 11

55

Mar.

3

11 115% Feb. 27
Mar. 11
86

11

21 104% June
11 104% June

AUG., 1939]

EXCHANGE—BONDS

N. Y. STOCK
CO

Sales in

BONDS

July

Si

N. Y. STOCK EXCHANGE

Value

PRICES IN JULY

Price

July 31

July 1

1939

Ask Bid

Bid

Ask

Bid

76,000
182,000
314,000

Chesapeake & Ohio Ry—
1992 M S
General gold 4/s
Ref & impt mtge 3 Ms ser D_. 1996 M N
Ref & impt mtge 3 Ms ser E_. 1996 F A
1940 J
J
Craig Valley 1st mtge g 5s
Potts Creek Br

8,000

2d

Ask

118

118M

125 M 126M 125 M

96

Sale

95/

Sale

100
Sale
98/ Sale
99 M Sale
98/ Sale
109 M
——109"!!

1946 J

1st 4s

4s
gold 4s
Warm Springs Valley 1st g 5s.
127". 000 AChic & Alt RR ref g 3s
176,000 Chic Burl & Q 111 Div 3 Ms- —.
Illinois Division 4s
147,000
R & A Div 1st con g

1,000

con

General 4s.
308,000
98,000
1st & ref 4 Ms series B
117,000
1st & ref 5s series A
8,000 *t AChic & E 111 1st cons g
348,000 X AChic & E 111 Ry g 5s
30,000
ACertificates of deposit
9,000 Chic & Erie 1st gold 5s

J

1989 J
1989 J

J

111M

J

104

1941 M S
1949 A O
1949 J
J

109 M

1949 J
J
1958 M S

Sale

Sale
Sale
Sale

6s—.

A

Sale

1971 F

A

Sale

1934 A

O

100
Sale

1951 M N

22 M

1982 M N

90
Sale

278,000 X AChic Gt Western 1st 50-yr 4s. 1959 M S

rf g 6s 1947
B
1947
1947
A. —-19b6
6s series B_—May 1966

13.000 X AChic Indianap & Louisv
8,000
ARefunding gold 5s ser

J

J
J

Sale

J

6,000
9,000
3,000
48,000
12,000
169,000
54,000
54,000
560,000
452,000
36,000
131,000
6,000
1,000
53,000

44", 000
27,000
10,000
22,000
318,000

Alst & gen

Chic Indiana & Sou 50-yr
Chic L S & East 1st 4 Ms

Sale

J

Sale

69 M

Sale"

X AChic Mil & St P gen g 4s ser A. 1989
AGen g 3 Ms series B—May 1 1989
AGen 4Ms series C —-May 1 1989
AGen g 4 Ms series E—-May 1 1989
AGen 4Ms series F—May 1 1989
X AChic Mil St P & Pac mtg 5s ser A 75
AConv adj 5s
—Jan 1 2000

Sale
Sale
Sale

Sale

Sale

AStpd non payt Fed inc tax. 1987
AStpd gen 4/s non-pay inc taxl987
AGen 5s stpd non pay inc tax. 1987
AGeneral 4Ms stamped—---1987
*Al5-year secured 6Ms- — - — -1936
Alst & ref g 5s
—Mia,y 2037
Alst & ref 4Ms stamped.May 2037

M N

Sale

Alst & re

— ——

May 2037
--1949

4Ms serC

series A
*X AChicago Rys 1st 5s
AConv 4/s

M N

Sale

MAT

Sale

MAT
J

D

J

D

6,000

O

15 1951

111.000

3.628,000

Sale
9

Sale

D

74

63 M
60

Sale"

D

56 M
45

Sale

S

O

M S

78

105

Sale

101?.

Sale

88 M
88

O

75 M

A

J

Gulf consol 5s - -1952 MN
inc Gas & Elec 1st mtge 3/S-1966 F A
1st mtge 3 Ms
1967 J D

49 M
105 M
Sale

Sale
89

78 M
13 M

1942

MiV

11M
108 M 108 M
110M 111M
100 M 101M

3Ms series D-—1971
1st mtge guar 3Ms ser E-_----1969
Clearfield & Mahon 1st gtd g 5s-1943

MN

107/

1993

D

37
76

1995

D

77

88

1977

J

60

Sale

1st mtge guar

—

E

4s.----1991

F

A
J

55

60

62

69 /
96

f g 5s

deb

Sale

J

—

Conv

65

coll trust g 4s -1990 MlVj

series B guar
1973
1st s f 4/s series C
1977
Coal Riv Ry 1st gu 48- — — ---1945
Colo Fuel & Iron Co gen s f 5s.-1943
a5s income mtge.__
— 1970
Colorado & Southern 4 Ms ser A. 1980
Columbia Gas & Elec deb 5s...-1952
Debenture 5s
Apr 15 1952
Debenture 5s
-Jan 15 1961
Columbia & Hock Val 1st ext g 4s 48
Columbus & Toledo 1st ext 4s. -1955
Columbus Ry Pow & Lt 4s-—_-1965
U Commercial Credit debt 3 M8-1951
Commonwealth Edison Co—
1st mtge 3Ms series I
—1968
s

Sale

J

M S\
J
J

3 Ms

Conn & Pas^um Rivs 1st g

88"

96

107/ 109M

O

J
F

F

A

Sale

A

74

Sale

106 M
102/ 103
60 M Sale

J

F
A
MN

43 M

Sale

MN

94M

Sale

A

O

94

Sale

J

J

Sale

A

O

93
109

F

A

109

O

110

Sale

109/

A

109 /
104
108

MN

Sale

Sale

98 M

1948
1956

106 M

Sale

105/
105M

Sale

3 Ms debentures
3Ms debentures
3 Ms debentures—

-

ADebenture 4s
ADebenture 4s

14,000 Consolidation Coal s f 5s
Consumers Power Co—

105/ 105/

24,000
60,000
25,000
59,000
195,000

Ms
1st lien & unif mtge 3 Ms1st mtge 3 Ms
1st mtge 3 Ms
1st mtge 3Ms
For footnotes,




see

page

30.

1965
1965
1967
1970
1966

114

Jan.

9M July 28
101M July 13
104 M July
99 % July

91

24

Sale

23

Sale

22M

24M 25
24 M Sale

23 M

5*

Sale
Sale
Sale

Sale
13

14 M

14M
11M
14 M
13 M
1*6 M
8M
14 M Sale

7M
3M

8M
8%
Sale

55
13 M
13

58
Sale
Sale

m Sale
6M

Sale

7%

Sale

7

Sale

2M Sale
84 M

67 M
54

72 M

Sale

67 %

52 M

3M
63M
111 %
22

21

79 M

35

3

52 M

20 M

22M
6

1M
12 M
11M
10M
14
12

13
26

July 28

96 M July
111
July

26
26

July 18
17M July 18
85 M July 25
21M July 27
18

10 M July
10
July

24

62

M

13 H July
12 M July

July
July
July
July
July
July
July
July
July
July
July
July
July
Jnly
July
July

Sale

M Sale
16

13 M
13 M

13M
13 M
50
MN

14 118

July

14

Feb.

24

14 H Jan.

5

21
28

1
12 M May
81M Jan. 26
15M Apr. 11

9M Apr. 25
9M Feb. 17
11M Jan. 12
5
3
July

26
25
12
25
28

12

54 M July
14
July

July
7M July
7 M July
7 % July
3
July

31
27
21
27
24
12
22
24

24
28
31
17
28
31
31
25
26
19

45

July 27
July 22

49

15

51M July
11M July
11
July
5M July
4 M July

13
July
7 M July
7
July

6

July
5M July
2M July
81M July
67
July

77A July
7
July
3
July
81M July
67
July
1
6

68
53

6

"

12

10 M Apr.
11
Apr.

1

111

110M
111M 111M 111 M
103 M

100

109 / 110M
75

42

68

il*
66

75

90

67 M
83

Sale

83
40

47

51

Sale

29 M
-----

20
58

MN

107M 108
107 M Sale

MIV

108

Sale

108 M

MIV

104 M

Sale
Sale

12

13/
li*

Jan.

Jan.
Jan.

Jan.
Jan.

16M Jan.
19

Jan.

11

Apr. 20

2

20

Jan.

5M Apr.
5M Apr.
5M Apr.

8

12M Jan.

11

11

Jan,

5

6

11

Jan.

4

5M Jan.

4

Jan.

11

18M Jan.
16 M Jan.

10

3

June 16

11
8
13
5
Apr.
8
4M Apr. 14
5
Apr.
8
4
Apr.
8
2 H May 19
70
Apr. 17
67
July 19
11

Apr.
Apr.

10 M Apr.

43

May 31
Apr. 11
Jan. 26
Jan.
Jan.

57

9

8

4

4

Jan.

4
5
5
9

5
4 M Jan.
83 M Mar. 10
67

July

19

63 M Feb.
68
July

28

June

5

54

25 107

8

4

Jan. '

8M Jan.
9M Jan.

3 109M
105M Jan. 17 110
5 106 M
100M Jan.
86 M May 22
97
88
Jan. 16 96M

17

Mar. 15

Feb.

17

29
May 29
July

Mar. 13

Mar. 15
Feb.

10

11M
108M
110M
100M

Feb.
July 15 15
Mar. 14 111M July
Jan. 10 111M July
4 103 M July
Jan.

11
12
7

106

Apr.

64

109

63

Apr.

79

10

18 110M June 16
May 31 111M June 20
8
Mar.
8
Mar.
63

July

7
10

68

July

19

'52 M July "28

63 M

Apr.

13

77

Jan.

77

66

45 M July

90

Jan.

23

85

Mar. 10

45 M July
56 M Jan.

10

56 Vs
59 %
65"" 69 H 65M 68 M
100
99M 100 M 100M Sale
July
96
93 M July
93 M
95
90 M
106M 108M 108M 108M 107 M July

8 100 M July
17 93 M July
13 108 M July

6
17
10

107M 108M 108 M July

21 108 M July

21

108

5

IK

4

*'ar. 11

107

-

63 M Feb.
Jan.

82 M
89 M

Sale

80 M
76 M

82 M
Sale

105 M
103 M

Sale

104""

106
81

91M
83 M
77 M
105 M
103 M
55 M
28M
103 M

83 M
Sale
Sale

Sale

82 % July
89
July

84

July
91M July
84 M July
77 M July

82 M July
76 M July

90

Jan.

48

35
Sale

110

110M 110M
124 M115M Sale
98 M
I14M
113M
109
109 M
107 M 108
108M
105M 105M 106
106 M Sale
106 %
106 M Sale
106 H
108
108 M 108M

Sale

103 M

Sale

8

10

7

12M

8M
8M

15

8M

54

51M

105 M

104
58

60
Sale

111
Sale

28
29
11
13

Feb.
Feb.

110

115

45
28

8
6

11

28 108X June 22
9 107 H Mar. 17

92 A Jan.

103 M July
103 M July

Jan.
94
92 H Jan.
109 X Feb.

114M July
114
July
109
July
104 M July

July
July

109/g Jan.
107 6A Feb.
Jan.
103

113 H July

113 % July
109 M July

Sale

July
July
105 % July
106M July
105H July
108
July

106 M July
107 M July

Sale

Sale
Sale

Sale
15

22 M July
103M July

10

108 M July

107
107

110
108M 111
108M 107 Vs Sale
110M Sale
109Vs
109 M 110M 110
Sale
107
Sale
108
108M

107
107

July
July

109 M July
109 M July
107

July

Mar. 11

5 104

31

Feb.

14

65/ Mar. 14
47

Mar. 10

3 103/ June 15
3 103/ June 15
3 103/ June 13
24 114/ June
2

25 114
July
6
1 110/ Jan. 25
25 105/ May
3
May 23
July 29
Mar. 16

July
July

20
20

Mar. 11

May

May

6
9

6 108
104 ^ June
Feb. 28
27
105 X Jan
109/ June 20

22 M July
10 M July

13
July 31
24

18
Apr. 10 22/Mar. 7
00^ Apr. 10 106
July 31
8
May 16
10/ Mar. 8

54

July

9
Apr. 22
10^ June 21
3
9!4 May
443^ Feb. 21

13

106

July

51M July

85

79/ Mar. 13
7 106/ Jan.
7

10

107 M July
29 109 M July

—

15
54 M

89/ Mar. 11
91/ Mar. 13

26

107 H Jan. 27 111/
104% Apr. 14 124/
89 H Mar. 16
89/
110^1 Jan. 23 113/
3 109/
108
May
June 14 110/
107
103 A May 25 107
lObA June 16 108

111M July
124 M July

109
108 M 108

28
11

June 30

July

103 M July

6

51M

79 A Apr.
85
Apr.
Jan.
75
68
Apr.
Jan.

July
July

34 M July

98 M

25

25

7

M«'1.
70
4 100 M June
24
93 M July

June 19 111M Mar. 13
106M Feb. 24 106 M Feb. 24

Jan.

103M July
45
July
28
July
Sale
102 X July
102 H 103 H 103
102M July
Sale
102
101M July
103 M Sale
113
113
114M July
114
113
113
July
July
108M 108M 108M 108M .108 M JUiy
103"
" "
% July
103% Sale
104M Sale
44M

34 M
102 M

May 22

20

96

105

106

-----

MIV

3
3

20

19 110M July 25
28 110M July 10

15
Sale

69H
11M
110M
111M
103 M

12

May

110M 109
July
109M July
108M 110M 109 H 110

12 M

92

16

Apr.

10

July
July
July
July
July
July

Sale

June 29
6

10Ye Apr. 29
4
10
Apr.

107

Sale

23

11M Jan.
5M Jan.

29

1M July

9M May

108M July
110
July
106
July
94 M July
94M July 21
73M July
6
11M July 15
111M July 11
111M July 12
103 M July
7

94 M
69 M

13 M Jan.
Jan.
15

May

104

92 M
91M
71M Sale
15
11M

6

Jan.

2
Jan.
4
6
Mar.
9
75
14 112M May 10
5
19M Apr. 20 28 M Jan.
1
18
Feb. 28
27
May
Mar. 14
29
18M Apr. 11
19 M Apr. 11
Mar. 11
29
WA Apr. 12 28 M Jan.. 5

3

63 M Apr.
Feb.

55
59 M July
49 M July

21

86M Mar. 10
4
24 M Jan.

Ill

59

70
Sale

20 101M July 13
12 104 M June
7
18 100
Mar.
8
85M Apr. 20 94 M Mar. 19
5
90 M June
99M Mar. 10
1 112M June 30
97
Feb.
3
12M Apr. 10 22 M Jan.

July
8M July
8 % July
8
July
4 /
July

13

June 27

8

97 H Apr.

100 M Apr.
94
Apr.

105 M July

110

July 12
June
6
June
3
Jan. 17

104M Feb. 21 111

3M July
3M July
64
July
112
July
24 M July
22
July
25M July
25 M July
24 M July
7 6/| July
2M July
13 M July
146/g July
11M July
14
July
14M July

105 M 106 M 105 M 106 M 105 M July
107 M 108M 108
108M 107 M July
108
107 / 108 M 109M Sale
July
105 M 106
105M 105 M 105M July
91
94 M Sale
90 M July
90 /

24 M

22

103

J&J 1955
A&O 1955
1956
1960

1st lien & unif mtge 3

109 M

109

1958
AConsol Hydro-Elec Wks of Upper
Wuerttemberg 1st 7s
1956
3,000
361,000 Consolidated Oil conv deb 3MS-1951
22,000 J AConsolidated Ry deb 4s— — 1954
ADebentures 4s

--

105

85
Sale

88 M
78 M

I09M

249,000
57,000
108,000

July 14
July 25

105

J

1958
4s—1943

4 Ms

Jan.
4 125 M
Apr. 11 100 M
Jan.
3 100 M
June 15 105

104M

A

108/

Conn Ry & Lt 1st g

66 M

113

84

78

108M

MIV

1951

"V.666

-

5/ " 6M
4/
5/
5M
5M
4/
2M Sale

49M
59 M

Sale Prices

118M
95M
95M
103 M

O

Stamped guar 4/s__ — -——-1951
7,000
34,000 Conn River Power s f 3 Ms A—196'
137,000 Consol Edison (N Y) deb 3M8--1946

•

51M
Sale

9/

64

104 M
107

M S

J

7.000 Clev Short Line 1st gu 4Ms- —-1961 A
96,000 Clev Union Term 1st gu 5 Ms A-1972 A

130,000

Sale

D

AChoc Okl &

Spring & Col Div 1st g 4s
1940
W W Val Div 1st g 4s —
1940
1.000
82.000 CI eve Elec Ilium 1st M 3 Ms-—1965
Clev & Pitts gen gu 4 Ms ser B — 1942
Series B gu 3 Ms
1942
Series A gu 4 Ms
1942
3.000
Series C gu 3 Ms
1948
Series D gu 3 Ms—1950
General 4Ms series A—.—vs "4517
Gen & ref mtge 4Ms series B-1981

1,000

Sale

D

J

18,000

1,000
57,000

8M
7M
8M

J

J

Ref & impt 4 Ms series
Cin W & M Div 1st g

23,000

11M

„

J

OCC&StL gen g 4s
General 5s series B—

715,000

44 M

47

j

J

27". 660

"5". 000
9,000
183,000
617,000

.48

8

1963

1st

7

Sale

4

19b3

series D_Ms series E

1,334,666

98,000
115.000

3

8/
8/
3/

MN

1st mtge 3

St Louis Div 1st

3
64 M

9

16 M

——

1960
-—1951

31.000 Cin Leb & N 1st con gu g 4s
Cincinnati Union Terminal—
11,000
45,000

7

7/

44 M
18 M

1st mtge 4s

b

3

15M
12M
10M
3 M

Sale

Sale
Sale
Sale
Sale

11/
10 M
10/

MIV

1952 M~S

3Ms guaranteed-------1951
59,000
210.000 Chicago & Western Indiana 4s. -19o2
1st & ref mtge 4 Ms ser D
1962
123,000
—
1943
93,000 Childs Co deb 5s
36.000

D

J

Memphis Div 1st 4s--- —----1951 j
12", 000 Chic T H & S'east 1st & ref 5S--1960 J
Income guar 5s_Dec 1 19bU M
26,000
Chicago Union Station—
Guaranteed 4s_——
1944 A
19,000
21,000

Sale

M S

13/
10/
11/ Sale
10/ Sale
17
11/
12/
12
16/
8/
14
12/

9M
8/

stamped

*ASec gold 4 Ms series A253,000
ACertificates of deposit
51,000
AConvertible gold 4 Ms
153,000
4,000 Chic S L & N O gold 5s
Gold 3 Ms
June
3,000

125.000

3/ Sale
5
3/
67
63/
111/ 113
22
24/
22
20/
23
23/
22
25/
22
27/
Sale

M N

— —

12/

2

198/

AGeneral 4s

12 M

11

10/
"

Sale

Sale

110

_

Sale

M N

Sale Prices

12
27
July 28

.....

.....

6

198/

3Ms

X AChic & No West gen

1

Highest

109

Sale

Feb 1 1938 25%.part paid—-1927
20,000
248,000 X AChic R I & Pacific gen g 4s—-1988
ACertificates of deposit
4,000
♦
ARefunding gold 4s——
1934 A
177,000
ACertificates of deposit
— —
63,000

2.000

J

4s—-1956
--1969

Sale Prices

125 M July
100
July

118

109

11/

ilfN

Sale Prices
124 M July
98 M July

116M 117M 116M 117 M 117M July
109
109
110
July
109/
109M
Sale
8
7M
8/
July
100 M Sale
100 M July
100M Sale
102
102 / 103 M Sale
102
July
Sale
99
98 / Sale
98 M July
87 M
88 M 90 M Sale
87M July
96 / Sale
92
95
94 M July
110M 112
110/
110M July
Sale
17
16
17
16
July
17 M
15
i5M
16
July
"84"" 86
85
90
85
July
Sale
20
17 M Sale
17 M July

J

~3~, 666

SINCE JAN.

Lowest

Highest

100

14

J

ARefunding 4s series C
Alst & general 5s series

Sale

Lowest

98 M July

109

105

1977 F
—.

-

RANGE

Jan. 3

3

109 M July
108 M July
9 110M July
25 110M July
1 108 M July

22

13/Jan.
9
10/ June 21
12
Jan. 19
55/ June 12

106

May 11
May 31 111
105 X June
9 109/ May 23
107 M Apr. 17 110/ May 23

10734 Apr. 15 Ills/ May 22
103% Jan. 27 109/ May 25

N. Y. STOCK

84
Sales in

8"8

BONDS

July
Value

n. y. stock

Container Corp of Am
Deb gold 5s

1st s f g 6s 1946 J D

1943

D

J

Continental Oil conv deb 2 Ms. -1948 J D
Crane Co s f deb 3%s___
1951 J D
M N
Crown Cork & Seal s f 4s___—1950
F

Crucible Steel 4%s deb ser A—1048
Cuba Northern Rys 1st 5%s
1942

Ask
Sale
Sale

104

100

108%'Sale
105
106
104 M 104 M

A

Ask
Sale
Sale
103
103
99
99 % Sale
107 M 107 M 106 M
107
Sale
103 M Sale
103 M
103 % 104
105 M
105 % 106
105M 106
98
100 % Sale
99M

Bid

% Ask Bid

104M
99

"33% Sale"
38 M
44

46

33%
35M
40 M

31M

36

32

1946

47,000 Dayton Pr & Lt 1st & ref 3%s_-1960
1943
508,000 Del & Hud 1st & ref 4s
Delaware Pr & Lt 1st M 4%s—1971
ii~ 666
1st & ref 4 %s
1969
1st mtge gold 4%s_---10,000
1969
3,000 Denver Gas & El 1st & ref 5s—-19&1
2,000
Stamped as to Pa tax
— ---159,000 t*ADen & Rio Gr 1st cons g 4s. _ 1936
*AConsol gold 4%s
14,000
.-----1936
18,000 t ADenv & R Gr West gen 5s Aug 1955
a Assented (subject to plan)----125,000
ARef & imp mtge 6s ser B
1978
197,000
tiDes Moines & Ft Dodge 4s—1935
Certificates of deposit—-------5,000
1 ADes Plaines Val 1st guar 4%s_1947
Detroit Edison—
Gen & ref 4%s series D ___----1961
69,000
Gen & ref mtge 4s series F...1965
113,000
Gen & ref mtge 3%s series G-1966
61,000
ADetroit & Mack 1st lien g 4s.--1995
ASecond gold 4s_
"4", 660
----1995
187,000 Detroit Term & Tun 1st gu 4%s 1961
1951
21,000 Dow Chemical deb 3s—.
Duluth Missabe & Iron Range

a

o

MN
J

J

J

J

J

J

MN
MN
J

J

J

J

F

A

109
63

107%
101
104%
107
Sale
106 M 106 M
106% 106 M
15% Sale
14% Sale
6

AO

9%

J

3%

MS

Sale

Sale
Sale

5M

J

-----

Sale

.....

1946

7 %s series A extended to
6s series B extended to—

JULY

RANGE SINCE JAN.

22

Sale
Sale
Sale

4M
33

Lowest

July 31

July 1

1952

Cuba RR 1st 50-yr g 5s.

IN

1

.

1939

H

Bid

.15,000
52,000
317,000
63,000
10,000
82,000
268,000
46,000
27,000

PRICES

Price
Jan 3

*1
0*

exchange

EXCHANGE—BONDS

Sale
36M
Sale
34

30%

Sale

33

Sale

35M

38

29

Prices

July
July
July
July
July
July
27 M July
33
July
36
July

Sale Prices

31 104 M
100 M
107 M
104 M
105M

106

Sale Prices

34 %

108 h
107 H 105%

107% 105 H
9%
9
8M
10M
10M
9M
Sale
3
3M
3
3M
2M
5
7M
5M

106

4

24
28

106% July
52 M
108
104 M
106M
105M
105M
7M
8M

106

July
108M July
106
July
105 M July
10H July
11
July
3% July
3% July
7M July

108M July
106
July
106 M 105 M July
Sale
8M July
Sale
8M July
3
July
3%
Sale
2 M July
Sale
5M July

I06M

Sale

3

Apr.

110M Mar.
70 H Mar.

Jan.

109

Jan.

106M Mar.

108M May 31
107 M Mar. 29
107 M Apr. 15

Feb.

Apr.
July

15M J an.
14 % Jan.

3

June

Jan.

Jan.

5
5

10H Jan.

5

SiI

June

Apr.
25

3M May
1
32
May 24

111M 111% 110M July 12
110M 112
109M July 27
110M 110M 109 % Sale
111M 112
111M July 31
112 M
42 M
50
40 M
50
21
25
"26" July ""3
18
25
102 H Sale
102 M July 10
102M 103
105 H 106 M 105 M July 19
105M 106

111M July
110M July
113
July

17
5
17

110M June 29
109
June
2
110M Jan. 13
40
Jan. 23
20
July
3
98M Feb.
7
104
June
7

30M

—--

4M
31M

5M

M July

-----

8
9
8
8

Feb.

5M July

4M

Mar.

Jan.

21

3H

Prices

Apr. 10 105M Mar. 14
May
2 100 M June 20
105M Apr.
8 109 M May 27
102 M May
1 106 M May 24
6 106M Feb. 18
104 M Jan.
98
July
5 101
July 18
27 M July 20
37
Mar. 11
33
July 15 40 M Mar. 4
36
July 17 45 M Mar. 10
32 % Apr. 10
38
Mar.
9
96

July
July
July
33% July
35% July
40M July

107 M July
60% July

Highest

100

July
July
July

101

106 % July
108 M 107 % 108
104
59 M Sale
53M July
53 M Sale
108 M
108 H
106
106M 105 % 106 M 105M July
108 H

Lowest

Highest

3

5% Mar. 2
32
May 24

^

.

112% Sale

O

111

M 5
J

D
D

Sale

111
45

J

20

MN
J

D

"55""

97%

106%
Sale
Sale
Sale

106 M
12

105.

105 M

90
138 M

148

Sale

J

105 M
16 M

J

D

110M

o

102 M
84 M
MiV
J J 134%,
F A 106 M
MN 105%
50
A O

No Div 1st g 4s_1948
1st g 5s -1956
1995
Electric Auto Lite conv deb 4s. 1952
Elgin Jol & East 1st g 5s
.-1941
El Paso & S W 1st & ref 5s
1965
5s stamped
1965
Erie & Pittsb gen gu g 3 %s ser B 1940
Series O 3 %s
--1940
t AErie RR 1st con & prior lien 4s 1996
Alst consol gen lien 4s
---1996
AConv g 4s Series A
.--1953

A O

o

1953
1953

o

15%

Eastern Ry M

Ed El 111 N Y 1st cons g 5s

.

a4s series B

AGen

conv

4s Series D.

J

50
102

J

102

J

41

J

O

..

AN Y & Erie RR ext 1st 4s.—1947 MN
*A3d mtge 4%s
1938 M S

21

Sale

13

14 M

23

13

16M
14 M
9V4

11"

Sale

14

Sale
Sale

a

164"

M S

'77%

100 M

__

J

D

a

Sale

"99""

95

100 M 101M
Sale
103
87 %
90

o

J

J

J

D

M 5

38
63

MN

1

MN

D

______

__

^

D

1956

D

1946 M S
1942 J D

1941

100
99 %

36,000
248,000
719,000
398,000
250,000

14,666
18,000
41,000

Ry—1st & refund 4 Ms series a
Gen mtge 5Ms series B
Gen mtge 5s series C_
Gen 4 M s series D
Den 4 % s series E
Gen mtge 4s series G
Gen mtge 4s series H
Gen mtge 3%s series I.

.....

_

Green Bay & West deb ctfs a...
^

97%

1973 J
1976 J
1977 J
1946 J
1967 J
Feb
Feb

Greenbrier Ry 1st gu g 4s

GHlf Mob & Nor lst 5%s ser B.
l^t mtge gold 5s series C
~

Gulf & Ship

Island|5s stpd
1952
mtge 4%s_. 1961

32",000 Gulf StateslSt'l lst

J
a

2%
1%
102
45

Sale

"74"
70

Sale

87%
82 M
82 M Sale
98 M Sale
86 M Sale
75
74 M
60
54 M
7%
7M
70

o

67 M
70
75
100
93 M Sale

J

AHarpen Mining 6s
J
con g 4Ms
4,000|Hoe (R) & Co 1st mtge........ 1944 A O
34,00011*AHousatonic RR con g 5s...1937 MN

44,000'Hock Val 1st

For footnotes, see page 30.




1949 J
1999 J

J

25

103

28
26
22

139

151

July
109
July
106 % July

14

Jan.
85M Feb.
Feb.
105M Apr.
Jan.
20 106
| 50 M June

17
July
16 M July
15

July
10 % July
10 % July
41
July
38
July

8M July
8
July
July
38
July
40

79 M

40

116M 118
65
67
36
Sale

44

25

July

June 27

Apr.

12

Mar.

9

Mar.

103

4

28 106 %
92%
23 151
11 109%
20 107 %

July 25
Mar. 11
July 26
Mar. 10
June 23

29

Mar. 14

10

65

103 % Mar.

Apr.
July
102
40
Apr.
15
May
11M Apr.
11M Apr.
June
13
7M Apr.
7M Apr.

102
July
44 M July
20 M July

July

17

113

Jan. 26 108% May 26
12
July 31
19
Mar. 19
108M June 8 112% May 19

102

July
40M July
15 M July
13 % July
14
July

4

26

113

6

102H June 24
48

i!H
2A%

Mar. 15
Mar.

Jan.
Jan.

Feb.

14

Jan.

14

Jan.

1

5
5
28

3
3

38

June

46% Jan.

37
87

May

45% Mar. 11

Mar.

90

9

60

65
7914
76M
106 H 106M 105 % Sale
102% Sale
102 M Sale
99 M
98 M
102
102M 102M Sale
101M 102 M 103 M 103 M
99 M 100 M
98
105 M Sale
104 % Sale
56

o

o

106 M July
89
July

106 M July
86 M July
148 % July

Feb.

112M Jan.

105

67

7M
7M

8

7M

8

7

7%
Sale

102 % July
102 M July

102 %
103 M
100
105 %

100M Jan.
101
Apr.
87M Jan. 1C 100
102M Jan. 21 105%
35
Apr. 10
44
55
July 28 65%
6
10
5M Apr
5
5M Apr.

99 M July
104 M July

"55"'"July"

57M July" 13
8M July 18
8M July 17

7M July
7
July

17 M

13

103 Vs
103 M

83M
46

July

102*»32l03
1022932July
Sale
103 M July
104 % Sale
Sale
84 M July
86M
84%
...

60

71M
62 M

105 M 107 M 107
94 M
93

74
64

5M
53 M

Sale

27 1022I32July
29 105% July
65 Vs July
1

21

3

June 14

3
3

14

39

102% July

27 107% Jan. 11
7
Feb.
9
71 % Mar.

3
5
24

104

July 21

37

May

98

May 25
Apr. 14 104
June 18
Apr. 14 105
May 15 90% Feb.
6

24 103^ July

104% July
86
July

28

106 M July
86

Sale

g*

94 M 100M
91
86
79
53 M
6

86 %

Sale
Sale
Sale

78% July
65% July

107%
99%
91%
86%
86%
100%
91%
79%

93M July

Sale

6M

4

Jan.

Apr. 15
3% June 14
1% Mar. 8
3% June 15
18 102% July 14
38% July 27 46% May
5

1
7
26

June 13 107%

48% Apr. 11
12% Apr. 20
13
Apr.
6

16
18

Jan.
Jan.

5

8

45

Jan.

11

98
83

103% Jan.
74 M July
62 M July

Sale

73
60

Jan.

6

4 106% Mar.

1

.....

85 M
81

84 M
72 M
53 M

Mar. 14

123% Apr. 18 125% June 22
Jan.
4
102% Jan. 31 105
6
95
May
4 104% Jan.
5
59
Jan.
3
49% May
48
Apr. 13 62% Jan. 18
26:
Jan. 28
6
45
3
59% Jan.

10

-----

87 M

94

June 29

89

104M
78M
Sale

6

1

....

~60~~ ."
77M
62 M

39

June 22

2

6

17M
48

5

4

June 14

14' 100% Apr.

July
10414 July
103 M July
57
July
58
July
55
July

—

41

June 14

27
10
14
3
31

125

July
125M 126M 125
103H 104% 103M July
104M
101 % July
100
101M 102% Sale
54
53 M
July
58
53
59 %
56 M
57
61
July
59
52
53
60
53
56 M
July

12

Jan.

107

103

24

10 >M July
39
July

128

102 Ma 102% 102 M« July
IO22132IO3
104 M July
105
105M 104 M Sale
60
63 M Sale
60
Sale
July
12
15
12
14 M

r

t

,

5

3M July
3
July

Jan.

100M Jan.
98

2
2M July
2M
3
3%
2M July
2M
3M
2%
3M
102M July
100M 102M 100% 104
39M 38 M July
36M
41M 36

119

May
May
July
11 101
Apr.
7 102% July
13 103% Mar.

104

July 31
July 27
July 18
July 18

Feb.

86

J3

106 % July
103
July

17 M

17 M

Apr. 2(

105M July
102 M July

44

1940 MN
1950 a
1950 a

6
19
10

106

42

as

1946 J

Alncome debenture ctfs B

94

43
94

50 M

101M Sale

1961
1952

88""

Sale

40

Sale
86 %
25
85
103M 104
72%
63 M

1950

94

Sale

57 %

Great Northern

41,000
172,000
61,000

40

88

16

44

84

1947
1944

Sale

Sale

56 M

122

1945

41

42 K

Sale

40

Sale
Sale

a 104 M 166"
18,000 General Cable 1st s f g 5%s A—1947 J J 102 % Sale
57 M
59
1945 J J
5,000 AGeneral Elec (German) 7s
a Debenture 6%s
61
65
1940 I D
7,000
AS f deb g6s
57 M
59
.-.1948 MN,
10,000
General Motors Acceptance Corp—
106 M Sale
1946
83,000 H 10-year debenture 3s
15-year debenture 3 %s
106% Sale
1951
105,000
64
Sale
157,000 Gen Steel Castings 1st 5%s w w.1949
lAGa & Ala 1st cons 5s
15 M
Oct. 1945
17
i*AGeorgia Caro & Nor 6s
1934
15M
21M
AGood Hope Steel & Iron sec 7s .1945
42
45
1,000

196,000 If Goodrich (B F) Co conv deb 6slst mtge 4Ms
324,000
14,000 Gotham Silk Hosiery deb 5s w w.
Gouv & Oswegatchie 1st 5s
Grand R & I ex 1st gu g 4M8—l__
Grays Point Term 1st gu g 5s.
40,000 Gt Cons El Pow (Japan) 7s
28,000
1st & gen s fg6%s

Sale

38

17%

%

1949 7
1,000 Gas & Elec (Bergen Co) 5s
100,000 Gen Amer Investors deb 5s ser A 1952 F

Sale

16M
16M
15 M
10M
10%

64%

99
40

J

8

Sale

Sale

55

9%
9%

MN

J

20106 M July
31
12 M July
19 110M July

102

44 M
18 M

88

94

D

M S

"8"

42

38

41
85
50

F

M S

15M

23

J

M S

102

21%

42 M

94

103

7
6

107 M July
108
108M Sale
106 H 107 % 106 % 107 M 106 % July
50
60
64 Vs
50
50
95 M
95 M
50
102
102
40

1956
-1942
1942
1942
1942

5s International series
First lien s f 5s stamped
1st lien s f 6s stamped
34,000
30-year deb 6s series B
1954
24,000
443,000 Firestone Tire & Rubber 3%s__1948
t AFla Cent & Peninsular 5s
1943
1959
76,660 JFla East Coast 1st 4%s
Alst & ref 5s series A
1974
265,000
ACertificates of deposit
45,000
*t AFonda Johns & Glov ref 4Ms 1952
Proof of claim filed by owner.
*
a (Amended) 1st cons 2-4s_._1982
Proof of claim filed by owner...
3,000
ACercificates of deposit
2,000
1941
2,0001 Fort St U D Co 1st g 4%s
14,000 Francisco Sugar coll trust 6s—_ld56

106 M
87 M
89
150 M 148

102

7s—1954

"~6~, 000

83

106M 107M 105 M July
Sale
12
Sale
12
14 M
July
Sale
109M July
110M 110

43 M
Sale

o

ARef & impt gold 5s ser 1927-1967 MN
ARef & impt 5s series 1930—1975 a o
AErie & Jersey 1st s f 6s
1955 J J
J
AGenesee Riv RR 1st s f 6s—1957 J
~

Ernesto Breda Co 1st mtge
24,000 Fairbanks Morse deb 4s
14,000 Federal Lt & Tr 1st s f 5s

106 M
75
95 M

109 %

"2lMJul"y'25
July
July

107

J

1965

a

59
99 %

106

1962
5s_ 1937

Eastern Tenn Va & Ga

1,000
149,000
338,000
34,000
17,000
22,000
608,000
591,000
13,000
6,000

a

A

.

86,000
Ry 3%s__
3,000 t* aDui So Shore & Atlantic g
121,000 Duquesne Light 1st M 3%s

10,000
16,000
3,000
76,000
4,000

F

July
81
July
80 M July
95
July
85 M July
72M July

5

6

July 18
July 28
July 31
July 28
July 25
July 28
July 31
July 28

60

7M

5% July

5

7

July

18

103

73

7§

85

104

70 M
85

75
97

83

Sale

July
73% July

94 M

95 M

95% Sale

94% July

87

81

July 28
July 31

73% Jan.
62

June 29

88

May

85

10

96% July

26

Apr.
74% May
74
May
88
Apr.
78% Apr.
66
Apr.
53
Apr.
5% Apr.
103
Apr.
73
May

19 121% July
73% July
17
11 39% July

27
25
28

ilH

Jan.

67

Jan.

25% Apr.

5

4

87

83
91

May

May
117% Apr.

Mar. 11

103% Apr.

June

92

1^

Mar. 14

Mar. 10
103% Mar. 11
Mar. 10
94
Mar. 10
Apr. 11

Jan.

38

42

120M 121M 120M 121M 120% July
69 M
71%
72
July
72% 72
39
Sale
31
32
32% July

94

81

69

80% Feb. 25
78
Feb. 20
107% July 18
101% Mar. 11

102%6 July

85

83

7

July 28
July f 31
Mar. 21

96% Mar. 10
4

40

June 27

122% June 23
77% June
9
39% July 28

AUG., 1939]

N. Y. STOCK

Sales in

BONDS
n. y. stock exchange

Hudson

s

f 5s series A._ 1962 J

a

Adjust income 5s
Telep 3 Ms

D

1949 MiV

County Gas 1st 5s

Hudson & Manhat 1st & ref 5s A 1957 F
Illinois Bell

A

Feb 1957
ser

Extended 1st g 334s1st gold 3s sterling,.
Collateral trust gold 4s

Refunding 4s

28,000
420,000
3,000
2,000
24,000

1955 MN

Purchased lines 1st 334s
Coll trust gold 4s

174",000

1951
1951
1951
1951 M S
1952 A O

1952 J

Ask

1966 F
1950
1951

1953 J

Litchfield Div 1st g 3s_
Louisv Div & Tor g 3 34s
Omaha Div 1st gs3s
St Lou Div & Term g 3s
Gold 334s

A

J

128

48

Sale"

1334

Sale

m*
87

Sale

Sale

Sale

83

89

Sale

58

Sale

"50"
49

Sale

59

88

60
52

"4754.

5334
5334 Sale

49

"5034

Sale

53

Sale

60

54

Sale

43

Sale

4734 Sale

63

Sale

8054

"60"

Sale Prices

Sale Prices

5

35

July

18
17
18
25
21
21
13

5334 July
5434 July

24
24

128
50

July
July
July

1434 July
11134 July
9234 July
87

51
50

July
July

3
3

2834 Mar. 18
124

Jan.

43

Jan.

115

Jan.

110

July

87

Jan.

30

17

63
62

Jan.

52

Jan.

Sale
104

4734 July
53
July
43

July
77
July
66
July
6434 July

10
1
1
11
17
12

5234 July

24

60

July

22

4934 July

17

39

July

11

77

July
6434 July

17
12

63

Jan.

13

63

J an.

3

65

8

4634 May

8
8

77

a
a

D
D

73

85

63

63

60

Feb.

15

63

Mar.

70

70

60

June

9

61

Mar. 21

5934
5334
10434

Sale

5534
Sale

47

6934

10
M S

15

J

F

A

J

J

63

A

O

3734
5934
60 34 Sale

93

91

10734 10834
Sale

O

55

754

94

10834
5734

5134

Sale

47

Sale

102"m Sale

90

89

41

100
70

55

12

9

Sale

Sale
58

4634 May

47

July
4234 July
10221as July
39
July

1
53
July 22
5 4734 July 22
29 10334 July 10
27

39

July

27

99

1134

10434
9734 Sale
10634 Sale
Sale

6134
3134

Sale
Sale

5654
5434

58

60

62

58

59

Sale

79

80

8034

Sale

43
Apr. 11
6034
4054 Apr. 29 5634
1022i82July 29 105
32
Jan. 25
4134
95

70

64

Sale

66

52

32

58

59

A

Sale

4134
43
10334 Sale

10434

9934

J

M S

90

41

J

20

Sale

A

O

334
1934

Sale

J

75

O

J
1947 J
1955 M S

5434 Sale
9934 Sale
9434 Sale

1972 MN

82

1947 F
1952 J
1955 F

Kanawha & Mich 1st gu g 4s

1990 A
1936 A

t* aK C Ft S & M ref g 4s

a

Ctfs

Ctfs

6934 Sale
334
al*
52 34 Sale
96
9534

39,000
107,000
27,000
42,000

42,000
144,000
51,000
27,000

O

78

O

3534 Sale

July

13

July

13

94

July

1
98
July
31 10834 July
1
65
July

18

12

104

10634 July
58

July
July
July
5734 July
5634 July
79
July
58

6

31

28

62

1
17

8534
2454

2534

&
26
26

M S

27

Apr.

43

Feb.

5

19
18

50

Mar.

61

July

19

51

June
Aor.

68

6

66

Mar.

8134 July

25

79

May

8934 Jan.

13

J

J

"9234

J

4

11

100

3
9454 Jan.
'8334 June 12

100

5854 Mar. 10
9634 Jan. 11

Feb.

8534 July

June

3634 Jan.

4

June

35

Jan.

3

22

5
1

21
28
11

July
6954 July
7034 July
109
July
105
July
2834 July

65

July

14

17

Sale

14

10034 July
10834 July

108

9934 July
10734 July

7234 Mar. 19

Apr.
56
Apr.
10634 July
10334 Mar.
2734 July
May
July

July

8
19

7934 July

8

72

Jan.

109
107

36

il*

Jan.

25

20

Mar.

27

9334 Apr.
106
May

J

50

92

81

95

81

10034 July
8
10834 May 31

163

165

167

_

A

O

F

A

J

J

"98""

J

J

103

J

D

8034"
9834
Sale

96

98 34
Sale

MN

10034

J

J

102

F

A

10034

103
Sale

M S

1334
8034

Sale
Sale

167

"86*34

15434

10634 10554
107
107 34 10734
99
9834 10234
103 34
10234 Sale
104
10434 10534
10334 104
10534

7934 July

8

170

July
8634
8634 July
Sale
10554 July
10934 10734 July

170

July
8634 July
10534 July
107 54 July

16t3
79

Feb.
Jan.

30

98

Jan.

10

103
95

104

July
10534 July
10554 July

July 25
8834 Apr. 11

10 10554 June 24
Jan.
3 10834 May 23
Mar. 29
98
May 23

25

99
Apr. 29 104
July 25
27, 10234 Jan. 17 10534 May 16
31' 100
Jan. 10 10554 July 31
I

1154

1234

83

89

A

45

A

46

Sale

534
8734 Sale
87

Sale

5534

8834
Sale

454 July
8534 July
85
July

55

Sale

54

54

Sale

43

Sale
4534

44

5434
4634

44

48

-----

12
July
8834 July
8834 July
5734 July
57
July
4934 July
50
Ju,y

July
July

3
10

8

454 July
7934 Jan.
July

20
21

90

Jan.

3
12

58 54 Mar.
5834 M ir.

85

10

45

10

4554 Jan.

17

42

17

41

23

1334 J?n9134 M?r.

1942 F
1942 F

A

45

4234

A

41

46

43

13,000
5s 1937 extended at 3% to
1947 J
2,000
2d gold 5s
.1941 J
27,000 Lake Shore & Mich Sou g334s--1997 J

J

45

75

71

6234

88
8834

74 34
68

62

8634

8634

Sale

7234 July
6634 July
8534 July

19
10
5

7454 July
6634 July
8734 July

26
10
18

63

8534

84

Apr. 25

2534

2634

2634

Sale
5634
Sale
89
35

2554 July
55
July
5634 July
88
July
3034 July

6

2734 July
5734 July
5634 July

25
22
31
20
3

2134 Apr. 20 2734
5134 Apr. 21 64
52
Apr. 12 6454
8434 Jan.
4 .91
3034 July
3 39

27
July
2634 July
2834 July

28
31
27
24
21
26
26
6
31
28
26
19
28
19
5
29
5
10

20

Sale

24
26

5434 June

54

4234 July
4554 July

J

D

87

7334

77
88

67

Lautaro Nitrate Co Ltd—

1975
1954
1954
1965
1945
1944
1954
1954
1964
1964
1974
1974

For footnotes, see page




30.

J

J

J

A

O

M 5

25 34
54
53 34
8434
3134

Sale
5534
5 4 34
Sale
3334

55

58

56

5134
8734

60

30

92

5634
8834
3034

8834

35
F

A

F

A

34

A

F

Sale'

2654
2934

26 54
23

36

2254
2734
22 54
23 34

F

A

2434

27

"5334

2254

23

24

J

7454

3834 "50""

3834
37 54

38

1954 F

A

40

1940 J J
1940 J J
2003 MN

49
19

Sale

2003 MN

1934
1934

Sale
Sale

li"

Sale

14

1734
1734

2034
2034

54 34
54 34

57

2003 MN
2003 MN

Sale
58

4634

2003 MN
2003 MN

22 34

2234

O

66

1941 A

O

75

A

O

F

A

A

O

J

D

Sale

112

129 34 Sale
12734

109

~ Sale"

1534

A

J

D

F

A

O

98 34
53

Sale

A

Sale

July

130 34
95 34

10834
102

5534
61

6

89

3

3034 July

6

2834
2734
2834
2534
2934

34 July

10

26

July
July
July
July
July
July
July
July
July
July
July
July
July
July

26

38

25

3754

14

50

12

5234

51

5234

51

52

45

1654

1454

Sale

1834

1534
1534
1634

18

16

Sale

Sale

60

18

1734
5434
5434
11734

17

14

65

1534
1434
17 54
1734
5534

60

56

1934
1934

14

July

24

5234
Sale

7

26

37 34
Sale

17
27

38

118

129
Sale
12854 July
129
130
129
Sale
July
96 34
9134
9634 95
July
Sale
10834 10854 10854 July

12834 Sale

109

'6054 "64"'

50

it*
43

25

4154
46 34

11734

MiV
F

Sale

2834
2954

45

44

50

A

1965 A O

4434

17
31

July

June

Apr. 11
8
May

51

Jan.

26

75

Mar. 15

May 16

67

Mar. 13

90

Jan.

5

July

25

Mar.

5034 Mar.

Mar. 10

Mar. 11
Mar. 31
Mar.

4

36

23

2234

1943

47,000 Liggett & Myers Tobacco 7s....1944
5s_
-.--1951
65,000
-.1952
11,000 Lion Oil Ref conv deb 434s
22,000 Liquid Carbonic 4s conv debs—1947
Little Miami gen 4s series A
1962
231", 000 Loew's Inc s f deb 3 34s
1946
1952
16,000 Lombard Elec 7s series A
78,000 Lone Star Gas 334s debs..
1953
1,000 a Long Dock Co 3 54s ext to
1950
—

J

J

1941

8

14 170

10

31

101

Sale
10254 July
10534 10434 July
Sale
103 34 July

7934 July

Lake Erie & Western RR—

—

Feb.

95

re

86,000
a 1st mtge
ncome reg.Dec 31
26,000 Lehigh Coal & Nav434sser A
1,000
Cons sink und 434s ser C
17,000 Lehigh & New Eng RR 4s A
1,000 Lehigh & N Y 1st gu g 4s.
Lehigh Valley Coal—
a5s stamped
14,000
a 1st & refunding 5s
39,000
a5s stamped
a 1st & refunding 5s
5,000
20,000
a5s stamped
AFirst & ref sinking fund 5s
4,000
31,000
a5s stamped
ASec 6 % nota > extend to 1943
7,000
6,000
a6s stamped
50,000 Leh Vail Harbor Term 1st 5s
18,000 Leh V (N Y) 1st gu g 434s
17,000
434s a sented
51,000 a Leh Vai (Pa) gen con g 4s
A4s ass ented
218,000
a Gen cons 4 34s
18,000
a 4 34s assented
151,000
a Gen consol 5s
3,000
a 5s assented
20,000
6,000 Leh Vail Ter Ry 1st gu g 5s
5s assented..
11,000
23,000 Lex & East 1st gu 5s__.,.

4

7
18
Jan. 13
Jan. 19
Feb.
3
Mar.
6
Jan.

92

95

Coll &

„

22

90

O

Collateral trust 6s series B

16

Jan.

83

1942 4
1953 F
1960 F

Coll tr 6s series A

8

154 July
Apr.
9034 Apr.

46

4334
4234

3,000

June

7154 Mar. 10
7534 Mar. 13

24

60

ex

ser

9

Mar. 10

79

90

Ref &

g

4

23

60

O

D

Jan.

26

90

1939 A

534s

Jan.

8734 Jan.
6034 Jan.

8534 July
2754 July

60

82

ALaclede Gas Lt ref ext 5s
mtge 5s
'5 J4s series C

20
20

Apr.

56

27

7934

3
3
5

1

17

"9234
"75""

18

103 34 June 26
4
2034 Jan.
Jan.
4
4

9934 Apr.
9
Apr.
154 June
954 June
854 June
7234 Jan.
4834 Apr.
93
Apr.
82 34 Apr.
7634 Apr.
8854 Jan.
53
Apr.

16

J

3
Feb. 18
Mar.
3

25

68

9

18

Feb.

July

20

100

70

July

7

16

9954 100
10734

10934

July
July
July
July
July
July

"1634

"95""

98

May
Apr.
5034 June
5034 June

July

37

8734
10534

5

23

Sale

20

9

June

25

22

Sale

Jan.

7034 Mar. 30
12
July 13

8534 July

3634

Sale

5

90

36

Sale

71

10834
10434

9
9

Jan.

29

6734
6834
6934
6734
6734 Sale
7034 Sale
6734
108 34 Sale
10634 Sale 10634
10434 105
10434 Sale
10434
2834 2834
3634 2734

Sale

Mar.
Mar.

10434 Mar.

Mar.

90

4

27

1961 J

_

Col & ref

90
Sale

99

Mar.

3934 July
62
July

n»

23

27

106

10134 103
10234 103 34 10234 July 14 103 34 July
1034
1134
1254 Sale
3
1034 July
13 34 July
2
Sale
234 Sale
2
2
July
254 July
9
11
10
10*
1034 July 24 1034 July
10
10
834
1034 July 22
1034 July
84
85
Sale
83
3
July
8634 July
Sale
52
1
5634 Sale
July
5634 July
97
99
9834
3
9734 July
99 54 July
88
89
9034
9154
3
8834 July
9154 July
82
80
80
6
8034
8234
July
82 34 July
Sale
96
Sale
1
9254 July
96
July
59
6234 Sale
3
5834 July
64
July
62 34
6134
6
6634 Sale
6234 July
68
July
2
154
234
154 July 10
234 July
40
47 34
49
4534
4754 July 15 49
July
Sale
94
Sale
9234
7 9434 July
9134 July

17

w w

ww

434s unguaranteed.
1961
Kings Co Elec Lt & Pow 6s
1997
Kings Co Elevated 1st g 4s
1949
Kings Co Lighting 1st ref 5s
1954
1st & ref 6 34s
1954
Kinney (G R) 534s extended to. 1941
Koppers Co 4s series A
1951
Kresge Foundation coll trust 4s. 1945
3 34s collateral trust notes
1947
t Kreuger & Toll class A—
a 5s Uniform ctfs of deposit..1959
*

90
Sale

Feb.

6434 June 22
8
Apr.
5

12

23
25

1950 AO
J
April 1950 J

Plain

195", 000

Sale

67

35

stpd (par $645)
1943
stpd (par $925). —1943
a With warrants (par $925)
1943
116",000 Keith Corp (B F) 1st ser g 6s
1946
4,000 Kentucky Central lstgu4s
1987
Kentucky & Ind Term 1st 434S--1961
"V.666
Stamped
1961

1,000
1,000
1,000
5,000

9134

J

Kan City Term 1st 4s._
J
1960 J
Kansas Gas & El 1st mtge 4 34s. -1980 J D
a Karstadt (R) Inc 1st Mtge 6s. 1943 MiV
a

85

A

Ctfs of dep (Bankers Trust)
Kan City South lstg3s._

7*666

Sale

A

a

'

Sale

J

19,000 jAlowa Central Ry 1st & ref 4s_.1951 M S
9,000 James Franklin & Cleart 1st 4s. .1959 J D
82,000 Jones & Laughlin St'l 1st M 434s 1961 M S

Ref & Imp 5s

Sale

O

1941 A

Reminding 6s series A
Rys of Cent Amer 1st 5s B
First lien & ref 6 J4s
1293,000 Internat T & T deb g 434s
1326,000
Deb gold 5s

4,000
47,000
29,000
65,000
179,000
176,000
64,000
4,000

10234

J

1956
1956 J
1944 A

Int

4

Jan.

65

96

I

Intern Paper conv 5s series A

9

71

5634 Mar. 9
8334 Feb.
4
66
July 17

90

63

1942 MN

1st mtge gold 5s series B
1st gold 5s series C

6034 Mar.

65

1940 A O
1948 F A

Internat Hydro El deb 6s
Int Merc Marine lsts f 6s

Mar.

"6534

4534
58

1963

Stamped extended to

8
5
13

28
18
11
26
Apr.
8
July 11

6434
5234 "45""
7534

90

~76~"

1963

Ja Internat Gt Nor 1st 6s A
1952
a Adj mtge 6s series
A.July 1 1952

26 11254 Jan. 18
3
9234 July 21
June 30
87

8354 Jan.

Int Agri Corp 1st & coll ctf 5s—

18,000
56,000
77,000
3,000
2,000
273,000
40,000
104,000
200,000
35,000
38,000

5
3633 Jan.
13 12834 June 14
13
5134 Mar. 9
24
1554 Mar. 11

4634 Apr.
47
Apr.
4234 May
4434 Apr.
52
Apr.

46

6834 Sale
84

Highest

Sale Prices

75

"50""

46

5434

Lowest

Sale Prices

9034 July
87
July

88

"75"

75
60

Highest

3334 Sale
3254 July
12934 12734 July
4934 Sale
4734 July
1434 Sale
13 34 July
11034 Sale 110
July
92

9034
86

Ask

Lowest

128

86

1951
1951

Ind Bloomington & W 1st 4s
1946
Indiana 111 & Iowa 1st gold 4s__1950
1,000 X Alndianapol & Louisv 1st gu 4s_1956
Indianapolis Union Ry—
Ref & impt mtge 3 Ms ser B —1986
204,000 Industrial Rayon 434s_
1948
73,000 Inland Steel 354s series D
1961
688,000 tlnterboro R T 1st & ref 5s
1966
44,000
Certificates of deposit
495,000
*AlO-year6% notes
1932
324,000
*a 10-year 7% notes
1932
50,000
a Certificates of deposit
78,000 Interlake Iron conv deb 4s
1947

111

83

J

1951

283,000
434 s series C
75,000 Illinois Steel deben 434s
2,000 Allseder Steel Corp 6s

Sale

July 31

Ask Bid
Sale

Sale

...1951

111 Cent & Chic St L & N O—
365,000
Joint 1st & ref 5s ser A

33

54

44

D

1951 F A

Springf Div 1st g334s
Western Lineslstg4s

Bid

34 H Sale
10134 102

J

1953 MiV
1955 MiV

Refunding 5s
40-year 454s.
Cairo Bridge gold 4s

July 1

1939

13

1970

B

Illinois Central 1st g 4s
1st gold 3^s__..__

65,000
218,000

RANGE SINCE JAN. 1

Jan. 3
g Si

Bid
Hudson Coal 1st

45

PRICES IN JULY

Price

July
Value

156,000
3,000
248,000
239,000
79,000
7,000
4,000

EXCHANGE—BOlljDS

102
Sale
10234 103
5534
58
Sale
5534
Sale
10834 109 34 109
66
65 34
70
75

July
July
July
July

5
14
14

15
24

24

51

1634
1534
1834
17 34

July
July
July

July
July
July
July
July
July
July
July
July
July
July
July

July
July
July
20
57
July
24 11834 July
7

12

It*

56

1 12934 July

Jan.

2834 July 28

May
1634 Jan.

30

June

30

June 28

24 34 June
1634 Jan.

2534 July
3134 June
26
July
4934 Mar.

23

22

June

30

Feb.

16

24
26

26
10

3734 July

38

June 22

40

56

Mar. 10

Jan.

4434 May
4534 May
1334 Apr.
13
Apr.
1334 Apr.
14
Apr.
16
Apr.
May

II*

112

June
Jan.

127
Apr.
12734 Jan.

28 131
July
12
9554 July
26 11034 July

3
28
17

3 10354 July
1 \57 34 July

28

5

49

1 11134 July
66
6
July

10
6

104

95

July

107

Apr.
107
Apr.
9834 Jan.

62

Feb.

Apr.

Mar.

5234 July
52

Mar.

2134 Mar.
2134 Mar.

28
8
3
6

9
27
22 34 Mar. 14
22

Mar.

21

Feb.

fsH
61

Mar. 13
Feb.

7

Mar. 15

11854 June 17
12934 .Tan.
July
9954 May
11034 July
107
Apr.
10354 July

10

3
31
17
17
28
57 34 July
5
11134 July 10
68
May 26
131

N. Y. STOCK EXCHANGE-BONDS

26

8 "3

Sales in

BONDS

July

Price

.8 £

1939
Bid

1949
1949
1949
1944
1951
145,000 Louisiana & Ark 1st 5s series A-.1969
19,000 Louisville Gas&Elec3%s_ ——-1966
6,000 Lou & Jeff Bridge gu g 4s
1945
1,000 Long Island unified 4s_
38,000
Guar ref gold 4s
8,000
4s stamped
20,000 Lorillard (P) Co deb 7s
24,000
5s.

PRICES IN JULY

RANGE SINCE JAN.

1

Jan. 3

n. y. stock exchange

Value

Ask

1

80
9124
M S
81% Sale
M S
81
90
M S
A O 127% 12824
Sale
P A 123
82
Sale
J J
10824
M S 108
10524
M S 105

Bid

Lowest

July 31

July 1

Ask Bid

85%
87%

Ask
88

Sale Prices
88

July
85% July
90
88
86
88
86% July
128% 128% 128% 12824 12824 July
Sale
128
128
July
129% 128
84%
85%
83% July
84
82%
10824 July
108% 110% 109% Sale
109% 109
July
10824
82%
86

91%

Sale

Highest

Lowest

Sale Prices

28

88

88
88

88%
128%
12824
85%
109%
109%

July
July
July
July
July
July
July
July

Highest

Sale Prices

28

8124 Jan.
80% Jan.
80

Sale Prices

27

Jan.

127% Apr.
12254 Jan.
75% Apr.
108

Jan.

105% Jan.

July 28
July 26
88% July
9
12924 Jan. 23
128% June 26
90% Mar. 9
110% May 26
109% July 28
88
88

Louisville & Nashville RR—

315,000
73,000
136,000
30,000
36,000
6,000
4,000
1,000
3,000
39,000
1,000 A

Unified gold 4s
1st & ref 5s series B
1st & ref 4%s series C
1st & ref 4s ser D
1st & ref 3%s series E
Paducah & Mem Div 4s
St Louis Div 2d gold 3s
Mob & Montg 1st g 4%s
South Ry joint Monon4s
Atl Knox & Cin div g 4s
Lower Austrian Hydro-El 6%s

1940
2003
2003
2003

100

J

Sale

9424
8924
8424

2003 A O

Sale

79

A
A
A O

Sale

9724
84%

98
A
86
8024
M S
M «S 108
71
~72'~
J J
MN 10424 10524
P A

1946 F

1980
1945
1952
1955
1944

Sale
4,000 McCrory Stores Corp s f deb 5s_-1951MN 106
70
Sale
42,000 Maine Central RR 4s series A
1945 J D
40
46
32,000
Gen mtge 4%s series A
1960 J D
40,000 Manati Sugar 4s s f
Feb 1 1957 M N ,27% Sale
3124 Sale
1,917,000 X a Manhattan Ry (N Y) con g 4sl990 A O
202,000
a Certificates of deposit
2924
25
299,000
a 2s 4s_
2013 J D
Manila El Ry & Lt 1st 5s
81
1953 M S
"87""
13,000 Manila RR South Lines 1st 4s
1959 MN
lAMan G B & NW 1st gu 3%s--1941 J
20
J
79
90
7,000 Marion Steam Shovel s f g 6s
1947 A O
65
13,000 Market Street Ry 1st 7s
Apr 1940 Q J
51%
43,000 Mead Corp 6s with warrants
1945 MN 10324 104

iV4

47,000 Metropolitan Edison 4%s ser D.1968
12,000 Met Water, Sewer & Drain 5%s_1950
7,000 *t AMet West Side Elev (Chic) 4s 1938
a Mex Internat 1st 4s asstd
1977
a 4s
(Sept 1914 coupon on)—1977
Miag Mill Mach 1st s f g 7s.-.1956
Michigan Central-Detroit & Bay
City Air Line 4s
1940
Jack L & S gold 3%s
1951
1st gold 3%s
1952
Ref & Imp 4^s series C
1979
Michigan Consol Gas 1st M 4s__l963
X1 Midland of N J 1st ext 5s
1940
J Milwaukee & Northern RR—
*
a 1st ext
4%s
1939
*
a Con ext
4%s__
1939
a Mil
Spar & N W 1st gu 4s
1947
iMilw & State Line 1st gu 3 Ms 1941
a

30,000

214,000

10,000
2,000
18,000

86,666

iMinn & St Louis 5s ctfs
a 1st & refund
gold 4s

M S
A O
F A

10924 110%
99% 104
6
1124

M S

M S
J

D

J

J

28

M S
J

9024
7024

J
D

1424
40

D

26

M S

11,000
31,000
1,000
6,000

Alst

cons

1934 MIV

♦Alst

cons

a

a
a

5s

1938 J

1938
1946

J

25-year g 5%s
1st ref 5%s series B

1949

M- S

185",666
5,000

a

1st & ref 5s series I

a

Montgomery Div 1st

1938

g

a

J

Assent

warr & rets

74
July
52
July
104% July

13
8
6

107% 109% 109% 110% 108% July
98
98
July
100%
8
9
9
824 July
%
1%
%

10924 July
98% July
8% July

24
13
27

99% July

31

Sale

8

14

11%

81

70

72

50
104

53

52

54%

104% 104%

93

95

MN
MN
A

16 24

25

18

12

1224

10%

1%
1%

Sale

2%
3

4%
7%

Sale
1 %

3

2%
1%

62

Sale

33%

Sale

20% Sale

Sale

18

68

Sale

14

j~j

"65""

F

1924

Sale

A

M S

it*

M 5
M

S

MN

5024
10224
10824
100%
96%
96 24
7224

Sale

7

.

Sale

15% Sale
14

14

15%

15%
1324
2%
22
14% Sale
1324
14%
15%
1324 Sale
67
70

16%

14

224
15%
14

2%
18

2000
1955 MIV

1955 MIV
1968 J D

1947 MIV
1941 MN
F

5224
5024
45%
105%
114%
-

—-

A

70%

J

J

J

D

31%
101%

MN

2

3

6%
4

6%
2%
1%
6724
63

27%

3
11
5

7

21
22
17
31
5
10
31
18
15
19

33%

2224
19%
2Q%
9%

July
July
July
July

18
18
1
18

2%
3

7%
4%
7%
2%
124
69
75

1

15%

Sale

14

68

99

Apr.
26% Apr.
24% Apr.
17% Apr.

Feb.

2

July

26
9

May

3
26
24
26

July
July

July

82% Mar. 30
1

Jan.

July

83% Feb.

72

May 20

87

Jan.

25

39

Feb.

54% Jan.

4

101% Apr.

23

8 104% Mar. 22

108% July
6 11124 June 15
Mar. 10
95
Apr. 20 102
7
Jan.
4
8% Feb.
7
% Feb. 17
24 Mar. 31
May 19

89% Jan.

4

30

May 19

99% July

23

Sale
2724
4424

28

Sale

31%

Sale

47

Sale

106

75

Mar

31

19

8
6
5

23

9

76% Mar. 15

100% June 28 102% July 31
42
20

8%
28%
4%
1%
24
524

14% Jan.

32

1724 Jan.

Apr.
Apr.
Apr

Mar.

_

4

June 14
June
2
Jan. 27
May
2

6

Feb.

3

Jan.

854 June
6% Jan.
9

Jan.

1% Junh 30
1% July 15
64% Apr. 11

4

Jan.

Jan.

24

27% July

27

19% May 17
17

July

11

5
2

July 21
3% Feb. 17

9

45

3

Mar. 18
Jan.
5

50

July
July

2% Jan.
69
75

19

1
4
3
6

4

June 12

July
51% Jan.

19
5

37% Jan.
32% Jan.

5
6

18% July
5
6% June 30

34

Jan.

5

17% Jan.

5

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

4

Jan.
Jan.

3

June

3

12% Apr.
1254 Apr.
Jan.

69

18
17
27

15

23

31

42 %

7

102%

May
Apr.
Apr.
July
Jan.

1724 July
14
July

-----

73

97

65

1424 July
13% July

110
July
109% July
100% July
99% July
72
July

Sale

8

Mar.

21%
20%
6%
21%
20%
21%
19%
4%
21%
20%
21%
20%

69%

109% Sale
109% 110% 109% July
105% 106% 108
108% 106% July
100
Sale
100% Sale
99% July
99
Sale
98%
99%
98% July
70
75
75
72
July

Sale

23

13

Sale

---

Sale

Mar.

12% Apr.
15
Apr.
3
Apr.
8
12% Apr.
8
12% May 17
12% Apr. 11
1224 May 24
2
Apr.
8
12% Apr.

17% July
16% July
424 July
17% July
1624 July
17% July
16% July
2% July
17% July

106

58

Sale
Sale

Sale

June

17%
19%

107
Apr.
100% Jan.
96% Jan.
93% Anr.
70
May
67% Jan.

73

—

MN

75
Sale

44
Sale
38% July
39
Sale
3924
3624 July
35
33% Sale
37%
33% July
109% Sale
109% Sale
108% July
116%
116%
116% July
100
99%
99% July

95%

57

50

41%

35

102

50

105%

105

Sale

105%

Sale

67

40

42
-----

6
5
3

11
3

14
4
4
4
6

July 18
29% Mar. 4

34

Jan.

3

55

Mar.

9

106% May 27
10 110% May
3 109% July
26 101% June
99% July
26
72% Jan.
31
30 67% Jan.

24
26
7
13
3
30

Sale

%

Sale"

24

%
24

4s April 1914 coupon on
1951 A
4s April 1914 coupon off
1951 A
a Assent warr & rets No 4 onl951 A
1,000
1965 A
537,000 National Steel 1st M 3s

O

%

%

Newark Consol Gas 5s
cons 5s

1%

O

Sale

O

1954 MN

108

Sale

105

July
104% Sale
103% July
101
10424 105% July

25

56% Jan.
9
54
Mar. 10
49

Mar. 11

13
13

1 10824 July
8 104% July
July
28 106

29
14
7

54 July

72% June 13

67% July
29% Jan.

46
102

Feb.

5

Mar.

Feb.

2

16

10854 July 29
104% July 14
106
Apr. 10

102% Apr.
103% July
104% Jan.

% Jan.
Sale

%

11

24

30

% Jan.

12

% Jan.

1

June

12
2

% May 22

% May 22
% June 19
124

% July

% July
6
1 10324 July

6
31

27 12554 July

27

5

5

1% Mar. 10

% J an.

5

1% Jan.

54 July

%
1%

70

65

125""

D

J

27

Sale

20

1945 J

J

25%

Sale

21

122%

% July

4

% May 15

26

---.

1948 J

For footnotes, see page 30.

68
July
42% July

102

July
%
1%
%
1%
%
%
24
%
% July
10124 Sale
10324 Sale
10124 July

guarl945 J

Cons guar 4s

14
31

102

%

1%

O

Xa NaugatuckRRlstg4s

July

1
11

104% Jan. 27 110% June 13
114
Apr. 10 116% July 20
Mar. 27
97
May
4 100

%

%
%

a

67% July
40

36% July

33% June 30

%

24
%

a

July
39% July
37% July
109% July
116% July
100
July

-----

74%

38 % July

45

35

Sale"

No 4 onl957

1-

38%

104

0




25
20
14

July
July
July
July
July
July
July
July
July
July
July

Sale

Sale

M S

♦a Assent warr & rets No 4 on.1926 A

a

9

July
29% July
33
July
47
July
12
7 106
July

80

1955

4s April 1914 coupon on
1977
48 April 1914 coupon off
1977
a Assent warr & rets No
5 on 1977
Nat RR of Mex prior lien
424s—

t a New England RR

July
7
July 25
July 17
July 10
July 20
July
8
July 31
July 15
July 25
July U
July 27

31

—

20

22

79

a

"2,000

6

1424 July
16% July
3% July
14
July
15% July
14
July
16% July
2
July
14% July

17
Sale

4

a

6,000

20

July
20
July
12% July

July
24
July
26
July
42% July
105% July

Sale

18

75

924 Apr. 28

19% July
17
July
18% July
724 July

14
Sale

14%
25%
26%

43

20% Sale
17% Sale
18% Sale
8% Sale

1324

Sale

22
20
5

15%

1424
1324
3%

2124
2024
21%
20 24
62 24

a!

72

30

Sale

Sale

Sale"

31 102% July

July
July
July

11

69

64%
Sale

20% Sale
6%

Sale

July

42

8% Sale
2
224
124
2%
7% Sale
4%
424
7
724
2% Sale
124
1%
64%
68

624

6%

101
Sale
12%

73

7

9

Sale"

5
5

Feb.

51%
33%
64%
61%
36%

9024 Jan.
3
72% Feb. 27

75
25

73

66%

4

O,

102%
11

-----

21

72

65

72
Sale

-ale

21%
2024
21%
2024

107

Jan.

79

9

Mar. 14

107% July 10
24% Mar. 9

39% Jan.

30

99% July

95

93

21

MN

6

29

31

88

88

40

22

Sale

99% Sale

99%

Sale

6

July

m*
77

105% Mar.
67

Mar.

Apr.
Apr.

88

May
Apr.
Apr.

81

79

30

9824

13

2024

5

—

31

A

3

101

July

Mar. 10

14

70

32
3024
16% Sale

M S

24

50

99

80

6

99%
93 24
89%
85%

1955

10,000 Nashville Chat & St L 1st 4s A__1978
116,000 Nassau Elec guar gold 4s stpd
1951
National Acme 4%s extended--.1946
259",660 National Dairy Prod deb 3 24s w w '51
179,000 Nat Distillers Products 3%s
1949
1950
17,000 Nat Gypsum 4%s s f debs
National Rys of Mexico—
a 4%s Jan
1914 coupon on.1957
a 424s
July 1914 coupon on_1957
a 424s
July 1914 coupon off. 1957
a

72
July
51
July
103% July

89

70

3624

F

65
22

Mar. 11

101

Feb.

104

31

19

95

58

4%

110

July

40

67

11

3%

10 107
75
17

99
Apr.
91
Apr.
84% Anr.
80
May
74
May
97% Jan.
82% Jan.

80

36

30
89

40

33

106% July
71
July
46
July
2824 July
54
July
51% July
32% July

100%6 July
99% July
92
July
84% July
82% July
100% July
87
July
111
July
72
July
107% July
23% July
17
28
24
13
26
24
26

Sale

Sale

3
10024 July
94 24 July 18
3
87% July
83
July 13
7924 July 17
100
July 19
87
July 10
111 ' July 14
72
July 17
6
106% July
23% July 21

July
July
July
29% July
64% July
61
July
36
July

68

1955

103,000 Morris & Essex 1st gu 3%s
Constr M 5s ser A
121,000
Constr M 4%s ser B_
3,07,000
132,000 Mountain States T & T 3%s
8,000 Mutual Fuel Gas 1st gu 5s
5,000 Mutual Union Tel 5s

46,000

10624 107
106% 107
77
72
72%
65%
52
47
40%
29
29% Sale
27%
63% Sale
54% Sale
62
60
50%
52%

4924

9,000 Mont Tram 1st & fef 5s series A.1941
General & refunding 5s A_
1,000
1955
Gen & ref 5s series B
Gen & ref s f 4%s ser C
Gen & ref sf 5s ser D

—-

54

1981 F

a Certificates of
deposit
♦a Mo Pac 3d 7s ext at
4%-July
JMobile & Ohio RR—

5s
1947
Refunding & Improv't 4%s_1977
♦a Sec
5% notes
1938
7,000 Mohawk & Mai 1st gu g 4s
1991
4,000 Monongahela Ry 1st M 4s ser A.1960
Monongahela West Penn Pub Serv—
1st mtge 4%s
1960
91,000
6s debentures
1965
258,000
Montana Power 1st & ref 324s..1966
528,000
18,000
289,000
289,000

J

22%

50

80

3

8%
524
824
324
224

J

1978
22,000
150,000 t AMissouri-Illinois RR 5s ser A_. 1959
388,000 Mo Kan & Tex 1st g 4s
1990
Missouri-Kansas-Texas RR—
Prior lien 5s series A
__1962
309,000
40-year 4s series B
1962
118,000
Pr lien mtge 4 % s ser D
28,000
.1978
ACum adjust 5s series A Jan 1967
197,000
J AMissouri Pacific RR Co—
Alst & refund 5s series A
1965
113,000
a Certificates of
15,000
deposit
AGeneral 4s
1975
152,000
a 1st & ref series F
1977
465,000
a Certificates of
9,000
deposit
a 1st & ref g 5s ser G
1978
122,000
a Certificates of
1,000
deposit
a Convertible
111,000
gold 5%s__
1949
a 1st ref gold 5s series H
1980
135,000
a Certificates of
deposit

Sale

5424

2

J

5s grd as to int
1st & ref 6s series A

71
105

45

8*
3™

J

6,000
1949 M S
a Ref & ext series 5s A
1962 Q F
4,000
J
32,000 j*aM St p & S S m 4s stpd guar-1938 J
*

79%
99%
86%
110%

101

D

J

82

100% 100%« Sale
99% Sale
96%
92
Sale
89
84
84%
89
82
84
80%
100% 100% 100%
87
84%
112
75
"79% 72
Sale
106% 107
22%

33

M S
J

!iM

35

9454
8724

MN

100

"24%
25

56

125%
20%
20

70

12524 July

101 % June 30 103% July 31
65
June
7
60
June
5

122% Feb.

23

20

28

20

Apr.
Apr.

6 12554 July
2754 Jan.
11
27% Jan.
6

27
10
10

AUG., 1939]
Sales in

N. Y. STOCK
go
»

BONDS

July
Value

N. 7. STOCK EXCHANGE

$
29.000 New England T & T 30-yr 5s A.1952
11,000
1st g 4 He series B
1961
N J Junction RR gu 1st 4s
1986
ioY.ooo N J Pow & Light 1st 4%s
1960
77,000 New Orleans Great Nor 5s ser A.1983
19,000 N O & N'eastern ref 4%s ser A.1952
94,000 New OrleansP S 1st & ref 5s A. .1952
66,000

1st & ref 5s series B
1955
69,000 New Orleans Term 1st 4s guar1953
X9.0U0 1*aN O Tex & Mex income 5s__1935
65,000
iFirst 5s series B
.1954

MN
F

AOertificates of deposit
Alst mtge gold 5s series O
A 1st 4%s series D
Alst 5%s series A

J

63
"66%
53 M Sale
103 M Sale
104
Sale

J

J
A

31
35

1956
1956 F A
1954 A O

g

1945 y~j

4%s

Ask

Ask

"75
107 M 107%
71
70
55

106

RANGE SINCE JAN. 1

slle*
no"

Lowest

128 M July

Sale

67 M

70

II*

29

30

33

36%

37

31%
37 M

30

34

30%

35M

28

32

30

32

31

35

35
31

36%
33 M

116"

Sale

7 129M July 24

104 M July
67
July

28 108
3
75M
56 M
26 106M
28 106
19 69

29
33

July
July

30M

30M
33 M
30M
34 M

July 21
July
July 25
July 11
July

32

32

34 M
32

36 M

32M

Highest

1

Sale Prices
Sale Prices
124M Jan.
4I128M June 12

123M Jan.
73

166" '

104 M
68 M

Lowest

Highest

Sale Prices
Sale Prices
127
July
5 127 M July

106 M 106 M July
73
70
July
57 M
55% Sale
55
July
Sale
104 M Sale
103
July

105% 106

45

33
108 M

Bid

126M 127 M 127 % 128
128 M
128M

.....

32M
39 M

July 31

35

A

67% 70
34 M Sale
35
37 M
A

Bid

90%

108%

AOertificates of deposit

Npt & Cin B gen gu

Ask
124 H 125 M
Sale
124

A

A

July 1

1939

A
J

PRICES IN JULY

Price

F

—

7,000
3,000
14,000
36,000
13,000

D

21

Jan. 3

Bid
J

EXCHANGE-BONDS

July
July
July
July
July
July
July
July
July
July
July
July
July

June

5.129M July 24
6

73

106 M July 28 109 H
65
Jan.
75M
50
59 M
Apr.
102
106 M
Apr.
102
Apr.
106M
58
Apr.
74M
23
Apr.
34M
24M May
37
3ft

June

24M Apr.
Apr.
24M Apr.
23
Apr.
109M Feb.
24

110

12

June
6
Mar. 16

July 29
Mar. 10

June

10

Jan.

3
5

Jan.
Jan.

35

24
29
10 39 M
10 34 M
20 110

im

9

June 23

Mar

9

Jan.

5

Jan.

4

Jan.

3

Jan.

16

May 15

New York Central RR—

269,000
149,000
844,000
613,000
184,000

Consol 4s series A

1998 F

67 M

10-year 3 %s secured s f
Ref & impt 4%s series A
Ref & impt 5s series O
Conv secured 3 %s

1946 A
2013 A
2013 A
1952 AfN

77 M
59 M

70
Sale
Sale

63%

Sale

67%

Sale

1997

83 M

104,000 N YC & H R gmtge 3%s
129,000
Debenture 4s of 1912
141,000
Ref & impt 4 Ms series A81,000
Lake Shore coll g 3 Ms
49,000
Mich Cent coll g 3Ms

Sale

59
76 M
50 %

50 M
54

Sale

57 M

55

61M

77

Sale

71M

Sale
80% Sale
59 M Sale
66%
75
64 %
66

1942

2013
1998
1998

54 M
75

45 M

71M
44%
56 M

61M Sale
Sale

Sale

Sale
Sale
Sale
Sale

83

Sale

79

84 M

45M
57 M

50 M

Sale
51

51

Sale

54

3

July
July

11

45 M July

1

50M July
55 M July

5

74

77
72

1

July
July

1
3

45 M July
59 M July

3

60 M July
77
July

51M July
58M July
62 M July

21
26
25
25
25

83

76
72
44

60

July

1

Sale

54

July

6

61

July

18

Sale

43 H July
72 M July

1

52

July
July
July
July
July
July
July
July
July
July

21
29
5

Sale

59

62

51

52 M
Sale

59

43

51

72%

Sale

79

20

50 M June 29
54 M June 30

48 M July
61
July

July 31
84M July 31
13
28
62
July 21

60

54
June 29
71
Apr. 11
44 M June 30

May 19
3
July
M June 30

58

June 30

58

June

73
82
62
69

M
M
M
H

84

$4

Mar
Mar
Mar.
Mar.
77 M Mar.

10
10
10
10
10

Mar.

9

85% Mar. 13
Mar. 10

&
70

19

Mar. 4
Mar. 13

New York Chicago & St

Louis—
Refunding 5 Ms series A
1974
Refunding 4Mb series C
1978

204,000
755,000
59,000
4s collateral trust
1946
73,000
1st mtge 3 Ms extended to
1947
37,000
3-year 6% notes
1941
88,000 N Y Connecting 1st gu 4Ms A..1953
5.000
1st gtd 5s series B_
1953
57,000 N Y Dock 1st gold 4s
——1951
29,000
Convertible 5% notes
1947
100,000 N Y Edison 3 Ms series D
1965
46,000
1st lien & ref 3 Ms series E—1966

A

O

M S
F A
A

O

A

53 M
74

78

O

—

.

84 M

105

Sale

104 %

106 £

54
49

59
53

107% 108
108 M Sale

N Y & Erie—See Erie RR
21,000 N Y Gas El Lt Ht & Pow 5s—1948 J

M

60
82 M
64 M
81M
SIM
104M 105M 106
106 M 106 %
106
51
49M
51M

Sale
83 M
Sale

81M July
57
July
Sale
104 M July
107
106 M July
Sale
48
July
50
47
52 M
49 M July
109M 109% 109" Sale 109
July
109 M 109M 109M July
109 M Sale

1
5
12

w*

82

64 M

3 106 M
21 107
11

10

52 H
52

17 110
1 110M

31
21
26
19
18
11
10

47 M Apr.
8 71%
8 59 M
39
Apr.
65
Apr. 11 83%
77 M May 12
86%
50
72 M
Apr. 11
Jan. 27 107
104
Jan.
6 107^
106
48
July 11
59%
49
Apr. 10 58
107 M Jan. 27 110%

Mar. 15
Mar.

10

Mar. 13
Mar. 20

Mar. 17
Mar. 25
June 15
Mar. 11
Mar 11
June
2

107 M Feb. 23 112% June

6

.

68,000

Purchase money coll tr g

D

4s__l949 F A

7,000 aN Y & Greenwood Lake 5s—1946 MN
5,000 N Y & Harlem g 3Ms-—2000 MN
14,000 N Y Lack & Western 4s ser A—1973 AfN
19,000

125 M

116M H6M
14 M
97
50

Guar 4Ms series B
1973 MN
AN Y L E & W Coal & RR SMs-1942 MN

"3", 666

ADock & impt 1st 5s—
1943 J J
1,000 N Y & Long Branch gen 4s__—1941 M S

t*ANY&NEng(Bost Term) 4sl939 A O
t aN Y New Haven & Hartford—
7,000
ANon-conv debenture 4s
1947 M S
2,000
ANon-conv debenture 3 M8—1947 A O
10,000
ANon-conv debenture 3 Ms—1954 A O
39,000
ANon-conv debenture 4s _—1955 J
J
13,000
ANon-conv debenture 4s
—1956 MN
48,000
J
AConvertible debenture 3 Ms. -1956 J
254,000
AConvertible debenture 6s
1948 J J
58,000
ACollateral trust 6s
1940 A O
-

_

-

-

_

66
50

—

14 %

\lH

Sale
Sale

325,000
405,000
199,000
862,000
21,000
141,000
108,000

For footnotes




see page

15

10 M

12
12 M

19

11M

14

12

11M
11M

Sale

13

14

Sale

21

12

21M
4M

Sale

_12%

14

Sale

MN

55
Sale

50

Sale

49

50
Sale

M

S

J

77

J

104

90

J

J
F

A

F

A

MN
MN
J

J

J

D

j"J
M S
A

O

105 M
97 M

101M Sale
12% Sale
9

11

5M Sale
40
30
103 M 103 M
108 M Sale
68
63
67 M
75

3% Sale
110%
108
96

Sale

102

Sale

A

17

Sale
Sale

MN

54

MN
A O
F

15
A

O

F
F
F

60

A
A

MS

1974

M S

A

O

115
106
42 M
35 M

Sale

j
j

j

j

F

A

J

J

J

J

M

S

M S
J

J

J

D

J

D

F
J

D

J

J

J

J

J

J

J

J
D

J

70

108
Sale

Sale

116% 113"
107 M 109

113% Sale
115M 116%
80

J

D
D

107

12

70

July
July
July
July
July
July
July
July
July
July
49
July
5M July
3M July

14

11M July
6
11M July 27
11M July
6
12
July 18
12
July 18
12
July 27
14 M July 24
21M July 26
5M July 13
15
July 22
50
July
6M July 24
3M July
8

70

4

11

6!

11M
10M
11M
10 M
12 M
19M
4M
12 M

6

44

48

48

110M 110

July
July

107 M July
8M July

104

Sale
Sale

61M
Sale
Sale

.Sale

Apr. 19 119% July

12

Apr.
99M Jan.
48M Apr.
54

50
70

6
July
30
July
101"itJuly
111M July
86
July
90
July
2M July
111M July
109
July
101M July
103 "»t July
11M July
10
July

May
Feb.
Jan.
Mar.

13

10

13% Mar. 13
3
15% Jan.

Apr.
May
May
Apr.
Apr.
8
Apr.
10% Apr. 11
16
Apr.
4% Apr.
Apr.
Apr.
Apr.

r
p

Feb. 25

16

Jan.

4

15%
15%
17%
27%
8%
17%
57%
9%

Jan.

Jan.

5
3
3
20

Jan.

4

June

5

62
May
44% May

77
54

Jan.
Jan.

Jan.

4

Feb.

6

Jan.

16

Jan.

9

Jan.

7

Mar. 16

109

Feb.

Mar. 31 108% June 13
Jan. 18 105
June
9

27
27
3

101

Jan.

110%

July 31
July 27
July 17
July 28

12% Jan.
9
Feb.

20

6
3
17

June

10

118% Jan.
July
103% May

3

8% Mar. 23
Mar.
8
11
111% June 14
86
July 18
90
May 29
4
Jan.
5
111% June
5
109% Mar. 22
101% July 31
1051,,,Mar. 2
17% Jan.
4
15% Jan.
5
60
Jan. 10
124
June
8
107% Julyl 27
106% May 31

June 29

108% July 28

30

July

27

45

101%, July 27 103% Jan.
i08% Jan.

18
12
7
31
13
31
5
28
13

Jan.

22 107% July

5n Apr. 10
2
6% May
8
4% July

3

Jan.

26

62

70% Jan. 25
8
2
Apr.
1
109
Apr.
108

Feb.

6

94
Apr. 10
100% Jan. 30
6
9
Apr.
8% Apr. 13

50

123%
107%
105%
108%

15

17% Jan. 19
102% July 11
63
Mar. 14
61
Jan. K16
58% Apr.f26
51
July 21
75% Jan.
9

11

93

6
26

104
105

7
1

112% Apr. 22 114% June 15
106
Mar. 24 107
Feb.
9

50

35

23 126% June 23

104

106 3A 110

39
45

50

Feb.
2
Jan. 27

Feb.
8
55% Mar. 17
50

48
33

40

70 M

Sale

44

42]

45 M
Sale

48

Sale
Sale

58 M

Sale

49

50

Sale
463
50 M
109M 109 M 109 M

100
6

48 M July 29
110M July 26

106 X 107
106 H July
7H
8M
6M July

Sale

52;

11

28 106 M July
18 104 M July

41

46

July 21
July 12

July

106 M July

4M July
25
32 M
30
July
101»i*102M lOlht 102 M 101% July
110M
109 M 110M 109 M July
82
83 M
86
85
83 M July
86
88
89
88
88
July
2 H Sale
2M
2M
2M July
Sale
109 M 110
111
110
July
108
108M 108 M 108
July
98 M Sale
98 M July
101M Sale
103 M
103 Me July
102%
9
10 M
10M "IlM
9M July
13 H
11
10
9M
July
44
49
47 M
46
122
123
123 M Sale
122
July
Sale
104
Sale
107
104
July
104 M Sale
105 M Sale
103M July
105
Sale
107 H 108 M 105
July

40

106M
106 % oaitj
106% Sale
101% Sale

104

51

j:a.
r
34^| 28

65 M

6%
5M Sale

J

D

ii

100

56 M
112 M
109

J

106M Sale

49 M
33

A

MN

5M

106 M 106 M 106M 107
103
104 M 104M 105

45

4%

107
104 M

3

110

82

59% Sale
58% Sale
107 M Sale

105

6M

27

80

~48M

52 M
35

"

MN

65
44

106 M

Sale
83
Sale
53
56 M Sale
68
Sale

J

J

6M
3M

107

38

?i

6
3

5

July
July

—

A

119

4M

50

11

12

A—1974

30.

15

12M

Sale

1951 MN

5,000 X AOgden & Lake Ch 1st guar g 4sl948
18,000
a4s stamped
-1948
12,000 Ohio Connecting Ry 1st 4s._—1943
159,000 Ohio Edison 1st mtge 4s—
1965
87,000
1st mtge 4s
1967
150,000
1st mtge 3 Ms
1972
45,000 Oklahoma Gas & Elec3Ms
1966
14,000
4s debentures.
1946
19,000 Ontario Power N F 1st 5s
1943
1945
4,000 Ontario Transmission 1st 5s
14,000 Oregon RR & Nav con g 4s
1946
14,000 Oregon Short Line 1st con g 5s__l946
72,000
1st guar cons 5s stamped
1946
233,000 Ore-Wash RR & Nav 1st & ref 4s 1961
147,000 Otis Steel 1st mtge 4Ms A;
1962
9,000 Pacific Coast Co 1st g 5s
1946
1964
200,000 Pacific Gas & El 4s series G
1st & ref mtge 3 Ms series H..1961
138,000
1st & ref mtge 3 Ms series I—1966
120,000

11

15

Sale

1958 J

—

11M

15

11

D

51%
110M

t ANorthern Ohio Ry 1st guar 5s
Apr 1 1935 and sub coupons. .1945
AOct 1938 and sub coupons.__ 1945
AOertificates of dep stamped
Apr *33 to Oct '34 coup
1945
April '33 to Oct '38 coup... 1945
Northern Pacific prior lien 4s. .1997
Gen & lien ry & Id gt 3s__Jan 2047
Ref & impt 4Ms series A
2047
Ref & impt 6s series B_
2047
Ref & impt 5s series C
2047
Ref & impt 5s series D
2047
Northern States Power 3 Ms——1967
N'western Teleg 4Ms extended. 1944

12

11

J

_

North Cent gen & ref 5s ser
Gen & ref 4 Ms series A

10M

Sale

July 11
July 25
July 26

Jan.

94

MN

aN Y Prov & Boston gen 4s—1942 A O
f Y & Putnam 1st con guar 4s_ -1993 A O
10,000 N Y & Queens El Lt & Pr 3 Ms—1965 MN
New York Railways Corp—

143,000 New York Steam Corp 3 Ms-—-1963
38.000 X* AN Y Susq & West 1st ref g 5s. 1937
*
ASecond gold 4 Ms
1937
"7",666
AGeneral gold 5s
1940
4,000
ATcrminal 1st gold 5s
1943
101,000 N Y Tel 1st & gen s f 4 Ms
1939
49,000
Ref mtge 3 Ms series B
1967
29.000 NY Trap Rock 1st s fg 6s— —1946
33,000
6s stamped
----1946
105,000 t*AN Y Westches & Bos 1st 4Ms 1946
22,000 Niagara Falls Power 3Ms—
1966
26,000 Niag D>ck & Ont Pow 1st 5s A__l955
84,000 Niagara Share (Mo) deb 5Ms—l950
11,000 fNord Rys extl s f 6Ms
— 1950
108,000 *X ANorfolk South 1st & ref 5s A-1961
5,000
AOertificates of deposit
*1 ANorfolk & South 1st g 5s.__.1941
104,660 Norfolk & West Ry 1st con g 4s-1996
120,000 North Amer Co deb 3 Ms
1949
114,000
Debenture 3%s
---1954
85,000
Debenture 4s
1959

—

51

11

25

33

105
74M

94

Sale

5%

24,000
Prior lien 6s stamped
13,000 N Y & Rich Gas 1st 6s A

47 M

50%

10%
10M

July

123
116

45

60

70

Sale

25 126 M July
18 119 M July

14
12 M July 17
12M
17
14
102 % 102
103M 101M July 21 102 %
54
58
50
July
6 55
56
68
55 M July 14
57 M

40
48

D

"2",660

::::

75
74M

14%
15% Sale

_

19,000
ADebenture 4s
.-1957
235,000
Alst & ref 4Ms ser of 1927----1967
20,000
X AHarlem R & Pt Ches 1st 4s_1954
25,000 JaN Y Ont & West 1st g 4s
1992
1,000
AGeneral 4s
1995

12

101

95

47 M

-

_

18%
99 M
68 M

125% 126 M 126
126M 126M July
118%
118M 118M 118M July

10

52

Sale
Sale

66

July
July
42M July
52 M July
45 M July
46
July
109M July
41

71% July
45% July
48
July
60% July
51
July
51% July
110% July

27
27
24

28
25

27
12

65% June
41
Apr.
41
May
50% May
42% May
42% May
107
Apr.

Mar. 9
53% Mar. 13
60% Mar. 11
74% Mar. 11
65
Mar. 10
64
Mir. 10
110% May 29
85

100

14 M
7M July
8M
7M
7M July
7M
108 M July
110M 108 M
107 M 108 M 107 M Sale" 107
July
109
Sale
108 M July
108 M 109
108 M Sale
108 M 109 M 108M July
108M 108 M 109 M
108M July
104 M 107
104 M 105" 104 M July
112
112J18a..
July
112M
10

6

105

115

115

110M
116M
118M
106 %
74 M
55

1I7"

110M

115

110M
116M

II7M
117M 117
118M 118M Sale 118
Sale

Sale
107 M
78 M Sale
Sale
56
60
52
112
112M 111M Sale
111
Sale
111M Sale
108 M Sale
Sale
110

106 M
74
54

11.1 M
111

108M

July
July
July
July
July
July
July
July
July
July

10

29

8

20

4

5

105

Apr.

7

106

Jan.

21

106

Jan.

15

101% Jan.

27

107

July
July
July
July
July
July
110
July
105% July
112"«July
115% July
111% July
118
July
118% July
107% July
78% July
56
July
112% July
112
July

108%
108%
109%
109%

110

July

6% May
Jan.

Jan.

8

103% Apr.

3

112

July

5

112%
107%
113%
116%
103%
64%

Jan.

19
7
31

27
31
7

10

July 29

8% June 20

108% June 17
108% June 13
lf>9% June

2

109% July 15
110
Apr.
4
5
105% June
U3% Mar. 11
116% Mar. 3

Jan.

111% June 26

Jan.

118

Jan.
Jan.

12

Apr.
Apr.
111% Apr.

10

109

28

105% Jan.

53

Jan.

July
7
118% July 31
107% June 15
9
81% Jan.
60

Jan.

10

6
113% May
8
112% May
110
May 13

28

N. Y. STOCK

EXCH VNGE—BONDS

60

Sales in

BONDS

July
Value I

N. y. STOCK

53

EXCHANGE

"r*

g.S

21,000 ♦^Pacific RR of Mo 1st ext 4s.-1938
4,000
*A2d extended gold 5s—-.--1938
38,000 Pacific Tel & Tel 3 %s series B..1966
46,000
Ref mtge 3 %s series O---—-1966
1,000 Paducah & Illinois 1st s f 4%s-.1955
42,000 Panhandle Eastern Pipe L 4s A-1952
Paramount Broadway Corp—
27,000
1st mtge s f g 3s loan ctfs——1955
Paramount Pictures Inc—
9,000
If Sinking fund debenture 6s -1955
229,000
3 Ms conv debenture— __ _--- -1947
25,000 IfParis-Orleans RR Ext s f 5Ms-1968
66,000 Parmelee Trans conv deb 6s
1944
2,000 Paterson & Passaic G & E 5s. __ 1949
3,000 iPaulista Ry 1st & ref 7s ser A-.1942
_

„

5,000
1,000
2,000
30,000
159,000
67,000
8,000 Penn Glass Sand 1st mtge 4 Ms-1960
Penn Ohio & Detroit

RR—,

gold 4Ms series A--1977
4Ms series B
--1981
382',000 Penn Pow & Lt 1st M 4%s_—1981
11,000 Penn RR consol gold 4s
1943
18,000

1st & ref

82.000

1948
1948
1970

Consol gold 4s

28,000
Stamped dollar bonds.
145,000
Gen mtge 3 Ms series O
81,000
Consol 4%s issue of 1915
1960
533,000
General 4Ms series A
1965
270,000
General 5s series B
1968
444,000
Debenture gold 4 Ms
—1970
231,000
General 4MS series D_
--1981
Gen mtge 4%s series E------1984
181,000
365,000
Conv deb 3 Ms
----—---1952
2,000 Peoples Gas & Coke 1st 6s.
1943
41,000
Refunding gold 5s-_--—
1947
1940
16,000 Peoria & East 1st cons 4s
Alncome 4s (flat)

_

■— ----- -

98M
70
82
72M
108M 111
110M 112
110M
110
111M 110
102 M 104 M
102
104 M Sale
103 M Sale

57 M

Sale

99 M
88 M
100 M

Sale

M S

M S
A

O

M 8

49
122

M 8

F

A

J

D

3

D

MN
F

A

M S
3

D

61%

100M
98% Sale
99 M Sale
91M
94
106M 107M
93 M

O

Sale

Sale

J

A

Sale
94
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

82

J

105%

MN
MN

110%

AfN

110
88

A

O

115M
97 %

Sale
Sale

M S

116M
113%

Sale

O

56 M

Sale

A
F

A

J

J

J

J

M S

6M
103 M
66 %

a*

Sale'
Sale
Sale

J D
MN

115

Sale

108

108 M

F

A

J

J

107 M 108M
105 M 110
103
104 M

JD

Sale

J

1.3 M

Sale

M S

,3M

Sale

13 M

Sale

M S

112M

Sale

(Italy) conv 7s.-----1952 MN
Pitts Coke & Iron conv 4%s A. .1952 M S

"93M

Sale

J

D

MS
J
J

J

O

A

O

1949

F

Con 3 Ms series E guar gCon 4s series F guar g
Con 4s series G guar g

MN
MN
A

---1953 J D
1957 MN

110M 110M

89 M

104 M 108
106
108 M
106 M
105
103 M
103
103

A

113

MN

111

112M

102 M
102 M
92 M

Sale

Sale

~45M

107 M
51
49

F

21~000
Gen guar 5s series A__
General g 5s series B

1970

A

J

D

---1975 A O
General 4 %s series G-_1977 J J
Pitts Va & Char 1st guar 4s.---1943 MN
Pitts & West Va 1st 4Ms ser
1st mtge 4 Ms series
1st mtge 4Ms series
Pitts Y & Ash 1st gen

B

C
4s ser

A. 1958

3

D

44

1956
---I960
A.. 1948

1st gen 5s
1st gen 5s

44

t APorto Rican Am Tobac cony 6s 1942
a6s stamped
--- -—1942
41,000
2,000,000 t*APostal Teleg & Cable coll 5s-1953
15,000 Potomac Elec Power 1st M 3 Ms-1966
Pressed Steel Car deb 5s
1951
"5",665 AProvidence Secur deb 4s gu_..1957
AProvidence Terminal 1st 4s.. -1956
40.006 Public Service El & Gas 3 Ms—1968
1st & ref mtge 5s_
2037
1,000
1st & ref mtge 8s.
-2037
2,000
1968
103,000 Pub Serv of Nor 111 3Ms._
83,000 Purity Bakeries Corp s f g 5s—1648
t ARadio-Keith-Orph pt pd ctfs
for deb 6s & com stk (65% pd)__
*ADebenture gold 6s.-1941
102,000
*6s stamped...
1941
58",666 Read Co Jersey Cen coll g 4s—1951
Gen & ref 4Ms series A_
1997
172,000
Gen & ref 4Ms series B_
1997
23,000
192,000 Remington Rand deb 4Ms w w_1956
4Ms without warrants
1956
48,000
Rensselaer & Saratoga 1st gu 68-1941
243",606 Republic Steel Corp 4Ms ser B..1961
Purch money 1st 5 Ms conv__1954
78,000
Gen mtge 4Ms series C_
1956
157,000
65,000 Revere Copper & Brass 1st 4Ms. 1956
-_-l946
5,000 ARheinelbe Union s f g 7s
1953
9,000 a Rhine-Ruhr Wat Serv 6s

59

105 M

107
Sale

39 M

J

Sale

J

15M

Sale

J

108 M

Sale

82

J

MN

"3M

M S

49 M

4M
Sale

,

—

—

1950
3,000 ARhine-West Elec Power 7s
ADirect mortgage gold 6s
1952
10,000
ACons mtge 6s
_.._1953
17,000
ACons mtge 6s
1955
2,000
1952
98,000 Richfield Oil 4s conv deb
Richmond Term Ry 1st guar 5s_l952
ARima Steel s f 7s
---1955
6,000 t ARio Grande June 1st guar 5s -1939
54,000 j*ARio Grande Western 1st g 4sl939
a 1st con & coll tr 4s series A--1949
86,000
Rochester Gas & El 4 Ms ser D..1977
Gen mtge 3 Ms series H
1967
Gen mtge 3 Ms series 1
1967
*i ARock Is Ark & Louis 1st 4%s 1934
12,000

".4", 660

6,000 jARutland RR

15,000

-1948
1949
4MS-1941
1941

AKuhr Chemical 6s
1 ARutland-Canadian 4s stpd

J

J

D

J

D

A

O

63

50"

July
111
July
111
July
102 M July
104 M July

109 M July
102 M July
103 M July

103 M

104

52

29
:
:
:

Prices
Mar. 10
Mar. 22
June

July 10

48 % July

100 % July
6
91
July 31
100 M July
6

21

99 H Jan.
82 M Apr.

102

98M Jan.

102 M Mar.
4
58
Feb. 27
127
July 24

51 %

127
53

July

1
July 24
July 12

103 M July

July
July

104

17
July 25

104 M July 25
104
July
7
103 M July
1
100 M July 21

104 M July
104
July

July
99M July
106 M July
103

67
67
Sale
Sale

98 H July

106 M July

13

99 M July

5
11
12
15
31
3
24
29
25
11

45

21

57M Jan.

91

Jan.

123 M Mar.
45
Apr.

61

Jan. 25 103 M
Jan. 19 104
5 104M
Jan.
3 105
Jan.
3 104M
Jan.
4 100 M
93
Jan.
2 107 H
105H Feb.
101H
101M
99M
98 M
98M

17

105 M July
109 M July

7

104S7»iJuly
108 M July
111 M July
112M July
87 M July
118m July
99 M July
104 M July
82 M July
95
July
95
July
79 M July
116 M July
116
July
47
July
106 M July
57 M July

50

Sale

60 M
108 M

113 H July

113M July
89 M July
120
July
100 Vs July
107 H July
89 M July
96 M July
96 M July
86 M July
116M July
117
July
50 M July
13 106 M
7
67
12
56 M
60 M
15
5 109 M

,3o*

105 M
108 M
108 M
108

—

108 M

-

108 M

July 27
July 19
July
July
July
July
July
July
July
July
July
July
July
July
July

15 105 M July 15
25 108 M July 25

-

108M

105 M July
108 M July

105

—

—

-

—

Jan.

ill

Mar.

July
July
July
June

Jan.

27 106 M Jan.

107

117M

109

108

103
98

Sale

105M 106 M

Sale

104

105 M

Sale

98M

Sale

Sale

107

30

39

36
28M
29 M Sale
34M
106 M 108M
102 M
98 M

106

71

107%
28
28

70
1

%
42%

16

99 M June 19

95M May 26

4 109 M June

5 113M July
6
July

5
7

12
15

Apr.
Jan.

Jan.

115M Apr. 24 117M Mar.
July
m* Jan. 27 117
July 12 58 M Mar.
3M Apr. 10
6M Jan.
J an.
4 106 M Anr.
103"
7 76
57
Mar.
July
Mar.
52
May 23

§?*

54
May 25 71
106 M Mar. 31 115
Jan.
108
108 M Jan.

11

19
11

6
14

11
16
Mar. 11
Jan.
3

4

111M July 28
18 115
July 25

Feb. 20 109 3
Jan. 17 107;
104
3 105!
98 M Jan.

104

Mar. 31

109 M Apr.

July 18
May 19

4

iOM Apr.

10

Jan.

24

3

107

Jan.

16

Jan. 27
June 12

Apr. 11
8
106
Apr.
89 M Mar. 30
90
Apr. 28
7

104M Jan.

June

Jan.
Jan.

3
5

May 22
July 20

9 105 H Mar. 16
9

18 109 Va June

14 109 M July

19

117M July 28

116 M July
117 M July
104 M July

.117 M July 24
106 M July 31

27
98 M July 28

105 M July

103 M July
97 M July
23 M July
23
July
23
July

25
25
25

32 M July
24 M July
32 M July

8

25 106% Jan.

12

105
105
112

Jan.
Feb.
Jan.

109% July 19
107% Apr. 28
117% July 28

112M
102M
101M
93 M
106M
23i

Jan.
Jan.
Jan.

7
118% June
107% Mar. 21
106% Mar. 14

Jan.
Feb.

98% June 16
107% Mar, 8

24

23

13

23
104

July
July
July
Mar.

51"

Mar. 15

51
52

Mar. 15
Mar. 15

106% June 26

-----

Sale
_

79 H

Sale

71

26
Sale

25

July

80

July 31

28

1

July

35

110

78%

25M
25 M
13 M
109

70

5

Sale

110
75
5

July
25
July
12 M July
109 M July
2

July

26 M July
15
July
109 M July

27

2

58 M Jan.
Feb.

July 27

July
July
10M Apr.
108M Jan.
72
May
1M June
40

42

June

16
110

Feb.

9
24

June

14

88
4

Feb.

Mar. 14

Jan.

49% Jan.
111% July
153
July
221
July
110% June
104% June

110M July
153
July
221
July

111M July
153
July
221
July
110 M July
103 M July

110M July
153
July
221
224 M 221
July
108 M July
110M Sale
103 M 104
102 M July

80
July 31
5
107% June
1
44% June

106
25
25

107 H

_

Sale

13% Sale
109

July

106 M

"36"

17

8
June
6
3 120
June 21
6 100 M July 24
Jan. 26 107 M Mar.
6
Apr. 10 90 M Mar. 15
June
7
90M Apr. 11
97
89 M Apr. 10
Mar. 25
97
74 M Apr. 11
90M Mar. 11

84 H
115M
95 H
103 M
79

106 M Jan.

108
104

17
25
25

July 21

Jan.

110
109 M Jan.

7

June 26

3
18

Jan.
Jan.

17

Mar.
8
July 31

108 M May 10 108 Vs June 23
106
Jan. 23 109
May 16

109
110
108

116H Sale

8

June 12
101M Feb. 23 102 M July 12
103 M June 14 105M Jan.
8

53
July
55 Ji July
108M July
111
July 12 HIM
110M
HIM 111
115
July 25 115
112M 126" 113M 120
107 M 109 M 108 M 109 M 107 M July 18 108 M
106 M 107 M 107 M Sale
106 M July 13 107 M
1 105 M
104 M Sale
104 M July
105 M Sale
3 110M
July
110M Sale
110M Sale 110
Sale
11
11
10 M July 16
10 M
11M
3M July 17
3M Sale
3M
3M
9 H Sale
7M July 12
8M
Sale
108 H Sale
107 M July
6 109 M
89 M
95
91
94 M
91
90
91M
July
6 94 M July 20

109"

J

3

J

J

M S

108%

Sale

Sale

74 M

Sale

55 M
71

Sale

70
102 M

Sale
Sale

103% Sale

Sale

103% Sale

67%

Sale

75

52
70

75
57
Sale

69

71

60

6
3

15
13
18

75 M
73 M
54 M
73 M

71M

Sale

102

M S

Sale
Sale

94

Sale

103

66 M July

10

76

July 21

—-

Sale
Sale
73 M

55 H July

52 M July
69 % July
70
July
103 % July
100
July

73 M July
73 M July
July
102 M July
105

June

108
95

17
17
29
18
18

Apr.

55

Apr.

63
52 M
68
69 M

July 22
Apr. 10
Apr. 11

99

100

11

79

June 23

Apr.
July

63
61 %
80
80
11 105

28

23

Jan. 18
June 23
Mar. 10
Mar.
9
Mar. 10
July 18

12 102% July

18

MN
A

93

Sale

MN

107

F

MN

94

Sale
Sale

J

J

99 M

Sale

J

3

50

Sale

J

J

21M

Sale

MIV
MN

26 M

M S

III
1 III

J

103 H

F

A

A

O
3

30
29 M

M S

M S
M'S
A

O

20M

--—

5

J

5

J

D

105

A

O

106

4s.. 1947 J
5s. .1996 3
1996 A
page 30.

3

106M

J
O

...

Sale

30

30

24 M

106

23 Vs

26
...

Sale

104 M

"55"

108
12

...

...

30

11*
39
M 5

106 M 106 M 106 M Sale
90 M
94 % Sale
92
99 M 100
99
100M
45
39
40
23 M
21

30M

41M
19 H
122 H
108 H

J

St Jos & Grand Island 1st g
St Lawr & Adirondack 1st g

72

Highest

Sale Prices
Sale
67
Jan.
3 83
65M Jan. 16 72
107M Mar. 25 112
108 M Feb. 20 112M

D

J

Sale

Sale
104 M Sale
108M 108 M 108M 109 M
Sale
112
113
113M
112
112M 112M 114
Sale
89
86M
119M Sale
118M Sale
99 M Sale
100 % Sale
104 M Sale
107 M Sale
82 M Sale
88 M Sale
93 M
95 M
96 M Sale
Sale
94 M
96
96
79 M Sale
86 M Sale
116M 117
116M 117
115M 117
116M Sale
48
47
49 M
40
3M
4M
4M
106
110M 106 M
m*

97 H

3

1947
Saguenay Pow Ltd 1st M 4 Ms. .1966




O

99

105

D

J

72 M July
70
July
108 M July

48 M July

Lowest

Sale Prices
74 M July 27

Jan.

98 M 100

J

J
A

3

1st cons g

2d gold 6s
For footnotes, see

J

J

a4Ms stamped

-

J

J

51.000 Safeway Stores s f deb 4s_

103.000

J

—

98%
Sale

42

J

103 M
104 M
103M 104M 103
104M
104 H 105
103 M Sale
99 M 100M
106 M
107 M

110

99

1,619,000 Portland General Electric 4MS--1960 M S
J
J
1st 5s extended to 1950
------

52

103 M—
104
105
103 M
A
99 H Sale

51

lOlM

1974
1977

125",555

94 M

106

1962

series B
series O
1st 4%s series D_.

50 M

Sale Prices

100% July
87 M July
88
88 M
91
Sale
July
100!«»100% 99 M 100 M 100
47
48M July
51
51M Sale
126
125M ----- 127 \ July
51 \ July
60 M
50
60

108 M

105
112

F

54 M

103

-

99

92 M
93

O

74 M

50 M

50M

104 %

A

Ask

Highest

10013J

Sale
Sale

99M 102
100%

.

68

—

J

Ask\Bid

U*

108
109
101M
105 M Sale

,98M

3,000

f

93
Sale

A

A

'14,000
126,000

Sale

F

3,000 P C O & St L g 4%s series A—1940
Con 4Ms series B guar g;
1,000
1942
Con 4Ms series C guar g
1942
Con 4s series D guar g-_
1945

21",565

Bid

J

Pirelli Co

12,000
86,000
84,000
140,000

_Ask

-

M S

RANGE SINCE JAN. 1

Lowest

July 31

63
108

-1990 Apr

"3",666 Peoria & Pekin Un 1st 5 Ms A. .1974
138,000 Pere Marquette 1st 5s series A__i§56
1st 4s series B__
—-1956
46,000
45,000
1st g 4Ms series C___----—1980
718,000 Phelps Dodge conv 3 Ms deb__-l§52
1943
13,000 Phila Bait & Wash 1st g 4s
General 5s series B__—
1974
18,000
General g 4 Ms series C
22,000
1977
General 4%s series D
23,000
1981
532,000 Phila Co secured gold 5s__
-1967
1967
202.000 Phila Electric 1st & ref 3 Ms
77,000 tAPhila & Read O & I ref 5S-.1973
AConvertible deb 6s
----1949
87,000
*
96,000
APhilippine Ry 1st 30-yr s f 43.1937
211,000 Phillips Petroleum conv 3s
-1948

July 1

67

„

Pennsylvania Co—
Guar 3 Ms coll tr ctfs ser B—1941
Guar g 3 Ms tr ctfs ser C
1942
Guar g 3%s tr ctfs ser D..---1944
40-year guar tr ctfs 4s ser E..1952
28-year 4s
-------1963
Penn Dixie Cement 1st 6s A----1941

PRICES IN JULY

1939
Bid

$

35",566

Price
Jan. 3

23 M
23 M

26M
107

108

105
102M 103
10
10
16M

43
29 M

12M
123 M

45

32
17

!i«'

29 M
Sale

92

July
July
July
20 M July

95
July
100 M July
39
July

27 M July
23 M July

27
28
28
17
108M July 25

99

39

21M July
27 M July

IP

23 M Apr.
22 M June

16M
Sale
Sale

Sale

27% Jan.

Jan.

24 M July

24 M July
23 % July

23 M July
26 M
23
July
Sale
106 M July
106

94% Mar. 14
107% May 26
95
July 25
101% June 20
51
Jan. 10
22
Mar. 7

85M Apr.
102 M Apr.
85 M Apr.
95
Apr.
37
May
18 M Apr.

94 M July
106 M July

90 M July
106
July

28

Jan.

28

Jan.

Jan.

12
14
14

4
27% Jan.
108% July 25
104% Apr. 28
13% Jan. 17

100 M Apr.
June
103

iOM Apr.
May

July 31

43

46

Mar. 13

35
July 27
15 M July 27

31

June

44

Jan.

14

July

20

Jan.

7
5

8

Anr.

13% Jan.

7

45

45

July
31M July
14
July

124 M

106
Sale

35

5M
7M
Sale

Sale

Sale
—--

Jt*

9M

8M

7M

30

Sale

8M

8

6

8M

7M Sale

19

9M July 31

7
22
29

7M July 18
8
July 24
8M July 14

26

105
105
107
106M 106
July
107
Sale
106 M Sale
106 M July
107 M
107M
60
85
60
85
84 M
84 M
-----

93 M
88M

8M July
7M July
7M July
7 M July

30

20 105 M July
27 107 M July

14
6

4

26

Feb. 18
Jan. 26

5M Jan.
4M Jan.
104H Jan.
105M Jan.
106M Jan.

25
17

Feb. 18
8% June 16
8
May 24
8% June
8

26

June 13
4 107
6
17 107% June
26 107% May 11

aug., 1939]

N. Y. STOCK

Sales in

Ho

BONDS

July
Value

Ask

St Louis Iron Mtn & South—

^,000
70,000
156,000
28,000
38,000
5,000
2,000
10,000

Sale

56

5854

61m Sale

64
Sale

38

64

55 m

16

12

15

55

59

15m
17 m
60 m Sale

J

J

54 m

57

J

J

13 %
13 m

Sale
Sale

j

J

14

Sale

13 m
13 m

Sale
Sale
Sale

M s

13 m

19~666

42,000
1,000

Scio Vall&ne 1st guarg4s
*t ASeaboardAir Line 1st g 4s
*

AStamped 4s
AAdjustment 5s
*
ARefunding g 4s

654
8m

a
J

j

J
J

j

A

115m 115m

O

mn
m s

Sale

63

107
111 54
108

Sale"
110

o

29

30

o

32

1989 MN
1950 A O
O

27 m

7%

m S

A*

m

16 54

A

1935 f

A

4%
4m
104 %

1951 M s

1952 j

D

1951 m S
1946 f A

1962 a

o

a

60 m July

July

31
10

7

100

97

54

15
10

1

3

Sale

3

4

2m
4m

4

4

Sale

19
Sale

Sale
61

74

77

21m

31

28 m July
18 m July
10 % July

18
25
17
18
18
19
25
26
25

7m July 31
7m July 31
98

July 21
117
July 14
58 m July 26
107
July 11
111
July 10
109m July 14
20
July 14
21
July 18

79 m

56 m

Sale
Sale

Sale

"54"

58

75

68

98 m
103 m

Sale

98 m

Sale

75

106 %

Sale

111m

Sale

91m
Sale

Sale

62

84 m

105m Sale

41m
3954
4054

Sale

54

Sale

Sale

80

83

7154

Sale

61m Sale

8354
59 54
73 m
75 m

Sale

1968

104" '

Sale"

107

Sale

Sale

70

78

65

66 m

4

10223jajuly
53
71

103

July
July

55
72

p

§8*
60

82 m
Sale
Sale

Sale

75

44

5054

48
Sale

46 m

Sale

46 m

47 m
Sale

107 m July
104 m July

1,000 Tenn Coal Iron & rr
gen 5s ..1951
168,000 Tenn Elec Pow 1st 6s series
a..1947
3,000

Term rr Assn of St l 1st g 4
Ms 1939
57,000
First cons g 5s
.1944
119,000
Gen ref s f gold 4s—
1953
28,000 Texarkana & f s
Ry 554s a guar 1950
187,000 Texas Corp deb 3
Ms
1951 J
531,000
3s debentures
.1959 A
Texas & no cons g 5s
1943 J
67",555 Texas & Pacific 1st g 5s
2000 J
122,000
Gen ref 5s ser b
1977 A
53,000
Gen & ref 5s series c
1979 A
91,000
Gen & ref 5s ser d__
-.1980 3
10,000 Tex Pac—Mo Pac Term
5Ms a. 1964 M S
132,000 Third Ave 1st ref 4s
j
i960 J
281,000
AAdjustment income 5s_.Jan
ao

1960
1937 j

6,000 ♦AThird Ave rr 1st
gold 5s
60,000 Tide Water Assoc Oil deb 3
Ms..1952 J

J

j

Tokyo Electric Light (Ltd)—
302,000
1st m 6s $ series
June 15 1953
59,000 Tol & Ohio Cent ref & imp
3Ms-1960

Sale

80

107 m

84

Sale

3W.
88

106m

Sale
Sale

Sale
Sale
90
Sale

55 m

1950 a o
Tol w Va & Ohio 1st guar 4s c__1942 m s

Tor Ham & Buff 1st 4s
Trenton Gas & Elec 1st 5s
Tri-Cont'l Corp conv deb 5s

1966 J d
1949 m s
J
ser a *53 J
ATyrol Hydro-Elec Power 7ms- -1955 mn
AGuaranteed sec s f 7s
...1952 F a

Ujigawa Elec Power sec 7s
1945 m s
Union Electric (Mo) 3 Ms
J
1962 j
♦jAUnion Elev Ry Chic 1st 5s. .1945
O
Union Oil Cal 30-yr 6s ser a May '42
a
3 Ms debentures
j
1952
Union Pac rr 1st & land gr g4s_ 1947
J
First & refunding 4s
June 2008 M s
1st lien & ref 5s
June 2008 m s
a

o

mn

a

o

a

o

85 m
104

Sale

88 m

1,000 Tol St l & West 1st g 4s_

10954

104m

91 %
11554 116
84 m
85
84 m
89

84
97

Sale

53 m

57

60

iii "27"
554
854
§54

Sale
Sale
9m
554 h6m
Sale

254 Sale
7

Sale

1

Sale

5m Sale
354 109m
j 54 Sale

116

110
Sale
109 m
87
87 m
86 m
105m 10554 1g4m
Sale
105 m Sale
104
84 5
91 %
1185 119" Sale
117
87 m
85
Sale
Sale
88
82 M
86 m
87 m
88 m
85
104
104
107 m 102M
4254 43 m Sale
41M
Sale
8m Sale
8M
97 m
9354 Sale
93M
106
105 m 106
105 M
87

65 m
—-

125m

60

65

10654
99 m 100m

1

3

47 M July

3
1

July
July
July

3

3

P
84

5
28
25
28
28
28
25
29

65 M July

21

87
57

26
17
22
22

July
July
73
July
79 M July

77
Sale
11

Sale
Sale
114

22

108

51

July

10

99

Sale
Sale

15

108 M July
106 M July
22 M July

106 M July
106 M July
92 M July
107 M July

5 119
July
8
July
88
3
July
88
7
88 M
July
July 10 104
3
July
45 M
July 31
9M
July 13 q4.
3 105M
July

20

89

60

July

10

3

99M July 26

24

10

114m 114m 114M#
106 M
10654 Sale
Sale
113 M
107 n

113m 111M
98 M
99m
99 %
98 M
107 m 108 m 107 %
Sale
76
72 M
98
98

4M June 29
8
Apr.
2M Apr.
2M May 20

12

Jan.

13
29
18
1

Jan.

8

6% Jan.

5

20

Jan.

5
106
62
75%
23 M

Jan.

3
9

May 12
Feb.
Jan.

15

7
14

June

82

22

Mar.
100 % June
18 105
Feb.
.

8

7
9

13 107 % Feb.
1
17 118M June 24

July

26

Jan.

105%
58%
61%
57%
57%
57%

May
40% May
39

May

37 M May

37M May
51
May

July

5'

Mar. 10
Mar.
9
Mar. 10
Mar.
9

Mar.
9
Mar. 10
Mar. 11
72% Mar. 10
68

80

93

July
55% Apr.

77

May 20

Feb.
3
6 110^ Feb.
3
11 105 % July 26
4
95
Mar. 9>

40

91% Mar. 11
61% Mar. 9
76% Mar. 9

Jan.

24

80

Jan.

68

Apr.

105

June

Mar.
9
Mar. 17

3 106% June 27

11

130

94 % Jan.

101

Jan.

79

Jan.

104

Mar. 10

June

10854 Jan. 10
105% July 25

103M June

July

10
26
5

"26

6
July
77
July 25
5 108 M July 31
July
July 27 10M July 11
July 13 114M July
July 25 108 M July
3 114M July
July
3 109 M July
July
7 113 M July
July
5 100
July
July
1 100
July
July 20
July 20 108 M July
I
July 20 76
July 31

113%
78%
783^
793^
96 %
37%
734

Apr.
Apr.
Apr.
Apr.
Jan.
Apr.
Jan.
87% Jan.

105

6

June 22
Fe.j.
6

10234 Feb. 14
116% July 14
110% July 22

Jan.

103

92% July 28

3 107% Jan.

Mar.

113^

99 M July

July

11
10
8
11

100% July

% July 26
90 M July 12

24"

Apr.
•Apr.
Apr.
Apr.

125

54

60

57
58

44

103

28
31

July 31
July 26
July 28
July 27
July 26
July 13
July 19
July 14
July
|

106" July "5 106"'July'

114m

Sale

Jan.
11
10M Jan.
17
Jan.

9

Mar. 10
60% May
4 74
100% June 29 112% Feb. 20
104% Jan. 27 109
May 27
105
June 28
109?< May 11
12% Apr. 10 22% July 19
104% Jan. 14 105% June
7
103% Apr.
8 106% Jan. 10

July 25 130
July
1 100 M July
July
July 31 100 % July
6 116
July
M July
1 110 M July
July
July 20 87 M July
1 105 M July
July
1 105 M July
July

July
July

76 m
80 %
74
108m Sale 106

107 m 109

Sale

30

3

72

71

110M July

22

30

7

19M Mar.
17% Jan.
Jan.
4

July
58
Apr.
20
Apr.
59
Apr.
91
Apr.
102M Mar.
102"siJuly

119

107m 106

22 m

Sale

3

99m
100 me

Sale

100
106

130

51m Sale
89
90 m

6 119M June

53

109

48
July
51 % July
47 M July

July
66m July
72
July

Sale

53 m

1

1
June
June 30
June 24
3
May
May 27

102233sJuly

75

10054 100m

June

June 28

10%
8%
1M
3%
2M

101

50

100% Sale

20

105M July

Sale

72

4

21
July 18
June
31
3
32 M May 24

Apr.
Apr.

3
5

81m July

71m Sale
77m Sale

Jan.

110M Mar. 11

24

Sale

h6m 11654

Sale

10654
9654 iiiii
12354 124 m
10854 110

9

Sale

July
July
July

9

9

107 M June 21
112M Jan. 25

Feb.

5

Jan. 12
Mar. 4
Jan.
5
Mar. 24
July 31

104 % July

Sale

129

10054
116

May
114M May
47 M June
105M Apr.
108M June
109
Apr.
15M Feb.

25

Mar.

98 % Jan. 21
118
Feb. 18
68 M Jan. 11

96

15

65

35%
23%
15%
87 M
7M

15108

129

113m 114
104 m Sale

7
8% Apr. 10
87
May 19
3M May 24
3M Apr.

Jan.

10454 July
92 m July

63 m

Sale

2

Jan.

14

24 110

126 m

96 m
102 %

June
15 M July

14

13% Jan.

104M July
108 M July
100
Apr.
90M Jan.

86 m
55 m

Sale

28

26

14M Jan.

106 M Jan.

61m

99 m

54M Jan.

14
Jan.
13 % Jan.

21
7
July
3
105 M July 26
93 M July
5

41m July
43m July
41m July
40
July
40
July
54
July
80
July
61
July

It*

10

June 30

108 M July
106 M July

107 m

Sale

*

Apr.

Apr. 10
May 17
Apr. 11
Apr.
8

6
5

Jan.

17M Jan.
4
62 M Mar. 24

7
15
6
6
8

108 m July

107

83 m

7M
7M
7M
7M
7%
7M

115

125

d

15
104 m 105 m
Sale
105
Sale
103

July 13
July 20

104 M July

69
66
72
65 m July 12
109 m 110m 109m 11054 10954 July 12
107 % 107 m 108M Sale
10754 July 22
105 m Sale
105
105 m 105m July
1
16
Sale
16
18m 21m
1
July
105 m
10554
106 m 10654 105m Sale
105
July 24
Sale
105
105m 105m 106
July 24
80
91
Sale
78%
80
July
3
106M 106 % 107 m Sale 105m July 18

14

July 28
July 22
July 24
July 31
July 18

112183jJuly

104 % 105

55

Sale.

2

4m
3m
6%
6m
13 m

10215jsJuly

-

105 m
107
10954 10854

109

41%
Sale
Sale
40 m
Sale

Sale

July
July
July
July
July
12
July
2m July

121

108m 10854
Sale
Sale
104
104m 10554 106m
92 m Sale
91m
93 v
106

39m

1961

28

68 M July
100 M July

107m 109

107 %
106 m Sale
109 m Sale
100
101M

2

354
3m
5m
454

68
July
100
98 m July
104 m 103
July

103 m
1021»ii Sale
118
121

44 m

255.000
15-year 2 ms debs
J
1953
222,000 Studebaker
j
Corp conv deb 6s__1945
116,000 Swift & Co 1st m 3
ms
1950 mn

July

lom July 17

72

102 m

Sale

J

31

23

Sale
Sale
Sale

mn

3m
4m

6854 Sale

56

j

5

102%

5854
54 m
54 %

mn

15

8m July

Sale

2m
2m

254
2m

M s

M 8

July

9m

15

it*

23

90 m

30

Sale

554 Sale

Sale

64

Apr.
8
11
12M Mar. 31
52M Apr. 10

116M Feb.

9

76

101

g

34-year 3 Ms debenture
1970
99,000
35-year 3 ms debenture
1971
13,000 United
Biscuit(Amer) deb 5s
1950
33,000 United Cigar-Whelan Stores 5s_1952

30m

32 m

8m

21

65M Jan.

51 % Apr.

25

j

d..1960 MN
J
5s
1955 j
Staley (a e) Mfg 1st mtge 4s.__1946
a




9m July
9
July
9m July
9
July

26
7
28

9

5

Sale

10m
s

f

ser

30.

9 m July

July
5m July

10m

52

26
26
28

9m July 25

58 m July

Sale

17m
1754

11154

page

3

62 m July
61
July
17
July
60 m July

118

116

o

4s stamped

see

Sale

30

Southern

For footnotes

11

30

a

guar 4s.__1955

41,000
173,000
14,000
6,000
104.000
276,000
182,000
33,000
111,000

3
26

July
1654 11654 11554 July
37 m
58
48 m July
3554 106m 106
July
38m 110
110
July
39 M
109 m July
20
23
20
July
20
22 m
20
July

108 m ho
110
20
23
20
Sale

1946 a

1955
Ry 1st cons 5s
1994
Devel & gen 4s series a
1956
Devel & gen 6s series a
1956
Devel & gen 6 Ms series a
1956
Memphis Div 1st g 5s
1996
21~,555
St. Louis Div 1st g 4s
1951
53.000 Southw Bell Tel
354s series b...1964

t.555

9

)8

114m 115
47 m
55

2754
2254

866,000
286,000
287,000

"i",5o5

1554 July

1054

99

18

—

"5",555

28 m July

18k

7m Sale

16m

Southern Natural Gas—

Standard Oil n j deb 3s

62
32

18m

654

J

96,000
1st mtge pipe line 4%s
-1951
274,000 Sou Pac Co 4s Cent Pac
coll Aug '49
550,000
1st 4ms (Oregon Lines) ser a.1977
275,000
Gold 4 ms-.1968
1,050,000
Gold 4 Ms
May 11969
1,126,000
Gold 4Ms__
1981
258.000
10-year secured 3 ms
1946
99,000
San Francisco Term 1st 4s
1950
550,000 South Pac rr 1st ref

i8'o"555

28 m

454

J

1961 M s
1st mtge & ref 4s
1965 f A
Southern Colorado Pow 1st g 6s .1947 j
Southern Kraft Corp 4 ms.
1946

200,000
1st & ref 3s series c
35,000 s'western Gas &
Elec 4s
115,000 liSpokane Internat 1st

59 m
32
17 54

4

J

ASilesia Elec Corp 6 54s
~5", 5oo Silesian Am Corp coll tr
g 7s
1941 f A
270,000 Simmons Co conv deb
4s
1952
42,000 Skelly Oil debenture
4s
1951
44,000 HSocony-Vacuum Oil deb
354s_1950
South & Nor Ala gu 5s
1963

298",555

9

5

1946 j

a

Southern Bell Tel & Tel 354s
Southern Calif Gas 454s

8m

Sale

4

100

98

a

a6s series b ctfs of dep
IfShell Union Oil deb 354s

July
July
July
55m July
61
14

Sale

9

5954
1654
954

Sale Prices

57

64

8m
9
9m Sale

8

754

26 54

Highest

Sale Prices

7m July
7% July
7m July
7 54 July
754 July
754 July

Sale

8

14
Sale

j

1950 A
Oct 1949 f

88,000
Shinyetsu el Pow 1st 654s
12,000 ASiemens & Halske deb
6%8

33,000
104,000
56,000
54,000
117,000

1454

Sale
Sale
Sale
Sale

35 m
23 m

9

Lowest

Sale Prices

d

St Paul Minn & Manitoba—
tPacific Ext sterling guar 4s__ 1940 j

162,000
1959
2,000
ACertificates of deposit
348,000
Alst & cons 6s series a
1945
106,0G0
ACertificates of deposit
10,000
t* lAtl-Birm Div 1st g 4s May 1933
74,000 t ASeaboard Air-Fla 6s a
ctfs.__1935

331",005

J

61m

754 Sale
754 Sale
7% Sale
754
7%

Highest

Sale Prices

Ask

63 m

J

454s__ 1947 J
kg Short Lgu454s 1941 F

TASchulco Co guar 654s
AStamped
AGuar. sinking fund 654s b
AStamped

Ask Bid

Bid

RANGE SINCE JAN. 1

Lowest

|

j

1990 j
1968 J

St Paul Union Depot 1st 5s
guar. 1972
San Ant & Aran Pass 1st
guar 4s_ 1943
San Antonio Pub Serv 4s
1963
San Diego Cons g & e 4s
-1965
Santa Fe Prescott & Phoenix 1st 5s'42

July 31

mn

95,000 t ASt Louis
Southwest 1st g4s___ 1989 m1v
8,000
A2d gold 4s income bond Nov 1989 j
j
64,000
*Alst terminal & unif 5s
J
1952 J
66,000
AGen & ref
__

July 1

1939

97,000
a*River & Gulf Div 1st g 4s_ _.1933
11,000
ACertificates of deposit
93,000 t ASt LPeo&nw
1st 5s
1948
17,000 St l Rky m & Pac 5s
stamped-.1955
X ASt Louis-San Francisco ry—
496,000
APrior lien 4s series a.
1950
127,000
ACertificates of deposit
88,000
APrior lien 5s series b_
1950
30,000
ACertificates of deposit
415,000
ACon m 4 54 s series a
1978
161,000
ACertificates of deposit stamped

i ASt Paul &

I,1

PRICES IN JULY

Price

Bid

62,000

29

Jan. 3

N. Y. STOCK EXCHANGE

5s series a
St Paul & Duluth 1st consol 4s
liSt PaulE Grand Trunk

EXCHANGE—BONDS

119

89
89
89

104

June 20
Mar. 14
Mar. 14
Mar. 14

July

26

4654 Mar. 14
1334 Feb. 16
98
May 15
107% May 29

Mar.

51

July

20

85

Feb.

1

60 % Feb. 17
9054 Mar. 15

54% Jan.

4

6554 Mar.

9

97% June 15 100
Feb. 27
123% Mar. 4 12554 May 10
104% Apr. 26 109
Jan. 31
20
Feb. 15
2354 Feb. 24
24
July 26 26
Jan.
9

713^ Mar.
106

85

Jan. 21
Mar. 13
Feb.
7

July
9% Jan.
114% July
106 % Apr.

110

Ill

115

June

June

Jan.

104% Apr.

13

11654 Jan.
10954 Jan.

110

Mar.

94

Apr.
Apr.
May

11054
11654
10054
10054
10954

June

8354

93

W
70

June

Feb.

17
7
12
7

20
6

June' 6
Jan. 24
3

Jan..

N. T. STOCK

30
Sales in

1939
Ask

U S Steel Corp 3 Ms

debs

iUnited Steel Wks g 6Ms ser

M S

83,000 t* lUtilities Pow &
*
ADebenture 5s
121,000

1934

J

J

--1948
A 1951

Wash Wat Pow 1st ref 5s

18*666 Westchester Light gold 5s
Gen mtge 3Ms-71,000
26,000 West Penn Power 5s series E_
•28,000
1st mtge 3 Ms series I
20,000 West Va Pulp & Paper 4Ms_.

Sale

106 M

Sale Prices
Sale
1
78
83 M
July
Jaly 10 111
29
July 20 30M
1 106 M
105M July

31
25
31
11
6

36 M July
88 M July

101M July
101M July
82 M July

36

39
44

87 M

Sale

July

19
19
29
21
31
29

July

1 101X July

31

July

100 M

Sale

72M
72 H

Sale

82

Sale

99
July
100 M July
70 H July

Sale

82

Sale

70 M July

88

101M
101M

Sale

Sale
Sale

100
100 M Sale
101M Sale
108 M 109M 108M 109M
108 %
108 M

K.

M

108M

M S

35

J

J

65

A

O

62

M S

106 %

Sale*

109

40 H

30

100
Sale

Sale

MN

49
28

55

55 V8
108

Sale

F

Sale

A

25

36M
15M

47 M

A

17

M S

38

Sale

35
80

30
55 M

57

55 H
109

Sale
38

38M

16M

17

50 M

11

12M

Sale
Sale

5M
6

.....

.1950
.1967

D

J

Sale

38M

88 M
40 M

90M Sale
38M 41M

30

40

30

108

67
109

-1966 J
.1952 J

90

106M

O

82 M

J

80

60

109 M

D

.1963 M S

J

Sale
120
111M
107 M

127M
108M 109
120

121

88

107

July

89 M
106 M
Sale
17 M
16M

82 M July
89 M July

Sale
Sale

106 M July
15
July
15

Sale

59 M July
63
July

J

Sale

F

lioM

A

101M

D

Sale

J

O

1960 J
j

J

tAWisconsin Cent 1st gen g 4S--1949

Sale

112M

4M
4%

6M
5M

107 M
108 V&

17,000 Wisconsin Public Service 4s—.1961 J D
t AWorces & Conn East Ry 4 Ms-1943 J J

97

9M
103 M
97

9M

July

62M July
21
July
July
45M July

Sale

46

49 M
Sale

Sale

105

Sale

113M July
93 M July
101M July

Sale

9

Sale

Sale

97

July

July

103M July
94

H

114
112M
8
9M Sale
7
8M
9M
6
4M
5M
5M
5M
4%
107 M
108M 109 M
108 H
109 M
9M

"¥

14

ASup & Dul Div & Ter 1st 4s.1936 M N
ACertificates of deposit
Wisconsin Elec Power 3 Ms
1968 A O

AW

Sale

ioo M

103 X 104

Sale"

J

*

Youngstown

Sale

*"§M

94 M

ACertificates of deposit

?ig
a*
105

102

Sale

1955 J

Sale

113M 114 M 114M

Sale

UN

4947 A

Conv debentures 3 Ms
Winston-Salem S B 1st 4s

49 M
48

l05~"

M S

J

Sale

1948 M S
1961 M N

1st mtge s f 4s series O

Negotiability impaired by maturity.

i

Bonds selling flat.

July
July
July

July
July

!iM

3

Jan.

4
5
11

Jan.

3
5

ifaay

24

92

July

35

Apr.

11

47

Mar. 16

Mar. 31

40

Mar. 31

3 109 m July 14
4 122
May 22
h Jan.
109m July 26 112 H May 23
7
8 107 m July
105
Apr.

105m Jan.
119

11107 M July

1' 85]

July
July

90]

76 m
82m
104m
14m
13 m
55 m
57 H

26 107
July
3
18M July

13
3
6

18

July

68 M July

5

73 M July
72 H July

1

21M July

10

50

18

46 M

31 105
5 114M
3
97
15 101M
14

9M

24 105
3
97 M
6 114

3
20
11

10

8M
6

57

July
109M July

9
1
89 m Mar.
May
Mar. 10
Apr. 27 95
6
Jan. 24 107 m June
4
9
23 m Jan.
May
3
2
23 m Jan.
May
1
68m July 18
May
Apr. 11 73 h July 18

Jan.

17m Jan.
May
42 m May
104m Apr.
109m Jan.
90m Apr.
100 m June

July
July
July
July
July
July
July
July
July
July
July
July
July

109

May

106 m Jan.
Jan.
107

120 M July
26 illM July

10

10

May
9
67
9
June 24
28 109
7
26 109 m July
100*31 June
6 101M Jan. 21
July 26
6 130
123 m Feb.

July

July
109M July

July
July

45

6

Jan.

100m Apr.
88M Apr.
110

7

8

21

6M
4M
4M
106m
107 m
5

109]
104]

Sale

102

Sale

Sale

105 M

Sale

105 M
106

Sale

102

Sale

105 M July

July

for

t The price represented Is the dollar quotation
200 pound unit of bonds.
Accrued interest
payable at exchange rate of S4.8484.

Commercial Credit 3Xs, 1951, Sept. 30 at 103 X*
Gen. Motors Accept. 3s, 1946, Aug. 1 at 102X % •

X Companies reported as being in bankruptcy,
receivership, or being reorganized under Section 77
of the Bankruptcy Act. or securities assumed by

h The following bonds have
redemption in their entirety:

per

been

called

(B. F.) 6s. 1945, Aug. 2 at 103%.

Home Owners Loan 2 Ms, 1949, Aug. 1 at

100%.

Nord Ry. Co. 6Xs,* 1950. Oct. 1 at 102.
Paramount Pictures 6s, 1955, July 31 at 100.
Paris Orleans RR. 5Xs. 1968, Sept. 1 at par.
Shell Union Oil, 3Xs, 1951. Aug. 24 at 102X.

Socony Vacuum Oil3Hs, 1950, July 21 at 102X%
Wheeling & Lake Erie 4s, 1966, Sept. 1 at 105.




Jan.

13

8

Jan.

Apr.

72 h July 18
Mar.
7

26

28
2

IW
59

6

52 m Mar.

Mar. 13

9

July
19 114m July

31
31

Jan.

20
9

6 105

97

10
26

101M Jan.
10

12

H

3
19
20

Mar
June

11 105

97 m Jan.
July
31 114
10
11m Jan.
14

May 22

May 15
May 19
Jan. 30

Jan.

9

Jan.

23

6
3
9m Mar. 10
Mar. 11
Jan.
4
May 25
110M Mar. 29
9m Feb. 14

nofl

Sheet & Tube—

Convertible deb 4s

♦

Goodrich

7

88

130

120

Sale

_

109

129M July
108 M July

Sale

Sale

Mar. 16

104 % Apr. 10 107 m Jan.
66 M Jan.
6
56
Apr.
Jan.
June 21
80
73

92
July
41M July

129 M

108 M
120 H 121

17 M

47

17

67

67 M

8*

11

June

10
3

Jan.

52 m Feb. 15
17 m Apr.
1
17 m Mar. 16
43
Apr. 15
Jan.
4
14

10

6

109 M July

18

22 H

Jan.

6

109 M July

59 M
66

Sale

IW

28

11

6

7M July
28 106
July
31
60
July

109 M 108 % July

15M

Sale

29

21
31
29

49 m Jan.

1

July 26
May 24

5

109 H

58

J

3

40

8

4
9

40

62
Sale

63

10

July

6

Sale

M S

7

25

Sale

J

10

July

89

S

15

July
Apr.

July
Apr.
Apr.

38M July

M S
A A SSGHtj6(i
Western Union Teleg 4Ms gold. 1950 M N
Gold 5s
1951 J D
Gold 5s_
1960 M 5

1953 J
2361 J
2361 J

43
8

39
67

85 M

Sale

4

105m Jan.

11

July
July
7M July

7

4
4

m June
6
1M May 24
May 11
35
Jan. 12
72
Jan.
4
63
Mar. 8
109 m June
2

26
30

15

60

110M 109 M July
110M HIM 110
106 H 107 M 107 M July
107M 108

Sale

111M

_

109
-

5

12

11

111

18

Apr.

24 m Apr.
48
Apr.

102M

88

O

5M
6M
5M
105 M
58 M
58 M

58 M
58 M

88

101H
123 M
105 M
119M
110M
106M

J

6M
5M
6M

6M July
5M July
6M
6
8
July
105 M July
Sale
58 M July
Sale
8

25

Jan.

72
54

34

50 M July
12
July

July

43
July
6 % July

*"8*"

84

A

39 M July
18 M July

31

96
Apr. 10 103 m Mar. 10
106m Feb. 10 108m May 31
106m Jan. 24 109 m June 22

11

42
7

104 M 106

50

3
7

18
12

18

42

Sale

July
July

21 109

50M Jaly

18M

11M

91M

12M
106 M 107 M

60

31
25

May
24m Jan.
104
Apr.
36
Apr.
37
Apr.
35M Apr.
83 m May

107% Jan.
27 m Jan.

25

6M

A

34
July
15 H July

39M
18M

17

6

.1945 F
.1945
.1939

107

Sale

18

Sale

35

11

July
July

14

Sale

45 M

56

50M

13 M

76

31M July

80
59

11M

13

A

33

11

25

F

1952
1977
West N Y & Penn Gen gold 4s. 1943 A
t AWestern Pacific 1st 5s ser A..1946 M

Wilson & Co 1st M 4s ser A

Sale Prices

4 83 m July
July
16 111
6 30 m July
11 106 M July
50
Jan.
11
Jan.
27 50
13 50 M Jan.
Jan.
17 90
93
Jan. 26 101M July
93 M Apr. 11 101 Vs July
66
Jan.
3
82 m July
July
65M Jan.
3 83
Jan.

69

109

m June
6
M Jan. 27
109

48"

*48M

M S

.2000 F A
.1948 Q M

Registered
tWheeling & Lake Erie Ry 4s D1966
Wheeling & L Erie RR 1st con g 4s *49
Wheeling Steel Corp 4 Ms ser A_ 1966
White Sewing Machine deb 6s..1940
t* AWilkes-Barre & East 1st gu g 5s'42

83

1 110M July
11 35
July

110M Sale

25

31M

50
J

-1941 M S

AWestphalia Un El Pow 6s

25

38M

38

July

87 M
99 M

99M

Sale Prices

Prices

July
July
July
July
36 M July

Highest

M
M S

West Maryland 1st g 4s
First & ref 5Ms series A..

342,000
172,000

1

SINCE JAN.

Lowest

36 M July
87 M July

Sale

38M

.1948 M S

West Shore 1st 4s guar

Highest

110

39

Sale

1959

94,000 J* aW abash RR 1st gold 5s..-._1939
44,000
*ASecond gold 5s
1939
Alst lien 50-year gold term 4s 1954
10*666
ADet & Chi ext 1st g 5s
1941
*ADes Moines Div 1st g 4s—1939
38,000
AOmaha Div 1st g 3 Ms— —1941
aToI & Chic Div 1st g 4s
*5",000
1941
27,000 J a Wabash Ry ref & gen 5Ms A._1975
ARef & gen 5s (Feb '32 coup) B '76
42,000
134,000
ARef & gen 4Ms series C
1978
ARef & gen 5s series D
30,000
1980
9,000 Walker (Hiram) G & W deb 4 Ms 1945
28,000 Walworth Co 1st mtge 4s.
1955
6s debentures
1955

Sale

83 M Sale
111
110
30M Sale

Sale
Sale

40,000 Vanadium Corp (Am) conv 5S-.1941 A O
Vandalia consol g 4s A
1955 F A
Consol 4s series B
1957 UN
Vera Cruz & Pacific RR—

*a4Ms July 1914 coup off
1934
*
a4 Ms assented
_1934
166,000 Virginia Elec & Pow 3 Ms ser B..1968
20,000 Va Iron Coal & Coke 1st g 5s—1949
Va & Southwest 1st guar 5s
2003
First cons 5s
21",000
1958
217,000 Virginian Ry 1st & ref 3 Ms ser A 1966

29M
105 M

Ask

Ask Bid

Sale
78
109 M 110

90
Sale

Ltdeb g 5Ms 1947

346,000 Warner Bros Pictures 6s debs.
33,000 t a Warren Bros Co. deb 6s
Warren R R 1st ref gu g 3 Ms.
Wash Cent Ry 1st g 4s
9,000 Wash Term 1st guar 3 Ms
1,000
1st 40-year guar 4s

Bid

Sale
110
25
Sale
Sale
Sale
Sale

1953

Lowest

July 31

July 1

1944 M S

United Drug Co (Del) 5s
UN.JRR& Canal Co gen 4s_.
♦1 lUnited Rys St L 1st g 4s—

a6Ms series C_
*2*666
ASinking fund deb 6 Ms ser A 1947
35,000 United Stockyards 4 Ms w w
1951
333,000 Utah Light & Trac 1st & ref 5s _ .1944
536,000 Utah Power & Light 1st 5s—■_ 1944

71*666

RANOE

Jan. 3

$

393,000
5,000
42,000
366,000
4,000

239,000
61,000
50,000
30,000
19,000
347,000
394,000
569,000
21,000
80,000
2,000
2,000
30,000
141,000
1,000
18,000
61,000
137,000
2,000
219,000
12,000
13,000

PRICES IN JULY

Price

BONDS
n. y. stock exchange

July
Value

EXCHANGE-BONDS

such
a

the

companies.
Deferred delivery sales, only transactions
current

month,

and not included

of

in year's

range
n

Under the rule sales, only transactions of the

current month and not included in year's range.
r Cash sales, only transactions of the
month, and not included in year's range.

current

1 105 M July
1 106 M July

100

Jan.
Mar. 31 110
1 107 M Mar.

103 M Apr.

Buenos Aires 3s, 1984, July 11 at 47H.
t Odd lot sales, not included in year's range:
Home Owners 2Xs, 1949, July 28 at 99"»i.
x

0

Ex-interest
The

following cash sales
during the current month and
e

were
are

transacted

not included

In the monthly or yearly range:
No sales.
z

The

following deferred

delivery sales

were

transacted during the current month and are
included in the monthly or yearly range:

not

Adriatic Elec. 7s, 1952, July 17 at 49H-',
Berlin Elec. Elev 6Xs, 1956, July 17 at 28XCuba 5s, 1949, July 18 at 102 H.

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING JULY 1939
Stock Sales

July

1 to July 31

Jan.

In accordance with

1938

1939

Shares.

Bond Sales

rule or the Stock Exchange, effective Oct.
ots except In the case of stocks
which sell only in a small way.
a

1939

July,

38,773,575
155,938,758

18,067,920
126,832,005

Jan. 1 to

3, 1915, all stock*

July 31

are now

1938

.$119,431,000
956,026,000

quoted dollars per share.

Prices

$178,265,000
1,046,892,000

are on a

basis of 100-share

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 the
range for the year.
AGGREGATE
SALES
In

Price

STOCKS

July

Shares

4,800
40

30

1,800
23,600
1,400

1,700
18,500
2,800
11,400

July 1
Par

24,800 Abott Laboratories
960
434 conv preferred

*

650 Abraham & Straus

*

45

45

139,400
32,200
28,400

29,300
3,900
8,800

197,900 Alleghany Ludl'm Steel Corp *
21,360 Allen Industries Inc.
1
66,000 Allied Chem & Dye
*
10,100 Allied Kid Co.
5
65,800 Allied Mills Co Inc
*
355,700 Allied Stores Corp.
*
13,400
5% preferred
100

400

4,700
2,000

35,500
10,300
430

9,100
6,600
320

12,100
200

18,100
3,800
19,000
100

2,000
10

1,500
3,500
1,500
200

3.700
600

11,400
25,600
12,100
8,300

1.000
26,100
2.500
9,200
5.700
2,300
6,800
24,300
3,000

9,700
3,400
11,900
200

990

71,500
17,000
25,800
103,600

3,800
4,800
4,100
1,910
42,400
1,300
1,400
20

10

—

968,900 Am Radiator & Stand San—*
Preferred

100

12

11,400

78,000
557,400
5,700
36,200

45,900
129,300

2,500
1,478,100
11,500
122,200
2,780




7 34

734 Sale

Sale
Sale

Sale

Sale

62

4754

Sale

1934 Sale
254 Sale

J*

Sale

854

Sale

634
554
454
834
1454
734

7

534
934
1534
834

158

654
1234
19

954

16034 172
12

1034
1154

11H Sale
61

Highest

July
July
July
July
July
July
July
J* July
734 July

Lowest
Sale Prices
53
Apr. 11
120
Apr. 10

65

17 130
28 4334
12 3834
834
2334
2254
5834
8

July 24
July 17
July 28
July 22
July 25
July 19
July 18
July 22
July 19
July 17

1154

8

Sale

63

67
Sale

3234

Sale

1534
154 Sale
14
1634
6134
6354

1134
1234
934
6954
3554

Sale

1
54 July
July 21
Sale
1
634 July
954 July 22
Sale
8
1
534 July
July 25
8
3
534 July
July 21
10
14
5
July
July 21
Sale
3
1534 July
2054 July 25
1034
834 July 12
1034 July 21
Sale
160
3 17234 July 25
July
1034 July 25
1134
UVs July 21
Sale
3
1134 July
1254 July 28
8
Sale
1
10
July
July 24
67.
Sale
6
July
6954 July 31
Sale
3134 July
3
3834 July 18

13™

1634
1734
154 Sale

1534 July
154 July
16
July
6934 Sale
63
64
6234
July
18
2254 Sale
Sale
18
1734
1754 July
33
Sale
2734 Sale
2734 July
Sale
11
11
1354 Sale
1134
July
60
53
52
53
5234
5434
July
6
5
Sale
434
454 July
Sale
36
38
4334 44
3634 July
132
132
Sale
135
132
134
July
Sale
94
95
9834 Sale
9234
July
17634 173
176
176
17534 177
July
Sale
19
2154 Sale
1834
1934
July
Sale
34
34
36
38
3634
July
Sale
1534 Sale
1834 Sale
1534 July
115
98
100
100
110
105
July
Sale
123
123
130
12534 129
July
1.734
6
10
15
234
13
July
8
5
634 Sale
554
554 July
Sale
634 Sale
734 Sale
63s July
Sale
St' July
834
834
854
834
6734
75
79
7754 7534
7434 July
Sale
334
234 Sale
334
234 July
9
6
454
554
534 July
534
Sale
234
254 Sale
234 July
ViSale
1634 Sale
2254 Sale
1654 July
Sale
6
7
834 Sale
534 July
Sale
13 34
14
Sale
1334 July
Sale
13
13
1334
July
1354
Sale
334 Sale
454 Sale
334 July
Sale
30
2734
2934 3334 3434
July
Sale
49
51
5354 Sale
5034 July
2
2
234 Sale
July
20
1934
2034 Sale
1954 July
Sale
434
5
534 Sale
454 July
Sale
Sale
Sale
1534 July
Sale
44
46
54
5134
July
Sale
1134 Sale
1234 Sale
1134 July
Sale
3
234
254
234 July
40
28
28
Sale
2934
July
122
111
120
Salb
12434 120
July
Sale
24
Sale
2434 2434
2154 July
Sale
334 Sale
534 Sale
334 July
Sale
3654 Sale
3654 July
4534 Sale
Sale
32
40 34 Sale
3134
3134 July
Sale
1154 Sale
1234 Sale
1134 July
18

Sale

15

17

.

o

\l%

iiM

LSM

dll

Sale

Sale

73
Sale
Sale
Sale

Sale
Sale

Sale
Sale

Amer Steel Foundries.
* I 40
American Stores—
*
9
American Stove Co
—*
14
American Sugar Refining..100
22
Preferred
...—100
91.
Amer Sumatra Tobacco
—*
1834
Amer Telep& Teleg..
.100 150
American Tobacco...
—25
8554
Class B
25
8834
6% preferred
— 100
14654
American Type Founders.—.*
8
Am Wat Wks & El..........*
14
$6 1st preferred
*
7734
American Woolen—.......— *
634
Preferred
100
40
Amer Zinc, Lead &iSmelt_—l
754
55 prior conv pref
25
31
Anaconda Copper
....-.50
3534
Anaconda Wire & Cable
*
52
Anchor Hocking Glass Corp *
1954
56.50 conv preferred—...* 112

For footnotes see page 40

Sale
Sale

1234

12 54

American Rolling Mill
..25
434% conv preferred..-.100
Amer Safety Razor
...18.50
American Seating Co
—*
American Ship Building
..*
Amer Smelt & Refining
*
14,400
Preferred.
100
11,400 American Snuff—.........25
940
6% preferred
100

309,700
50,100
117,600

Sale

Sale

193

378,500
27,400
42,400
21,200
9,220
352,400

43,000
6,800
13,800
1,400
8,700
90,500
1,000
3,300
3,000
12,000

250

Colortype

35,700 Am Com Alcohol.
20
Amer Crystal Sugar Co.. —10
3,660
6% 1st preferred
—100
80,100 Amer Encaustic Tiling.
1
2,000 Am European Securities
*
114,700 Am & Foreign Power
*
101,700
$7 preferred—
*
49,400
2d preferred A
*
47,000
$6 preferred
*
13,000 Am Hawaiian Steamship....10
115,800 American Hide & Leatner—1
13,600
6% preferred
50
44,400 Amer Home Products
1
56,900 American Ice—
*
18,200
6% preferred
100
54,300 Amer lnternat Corp
*
199,900 Amer Locomotive..
*
20,360
Preferred
100
78,100 Am Mach & Foundry
—*
24,400 Amer Machine & Metals
*
111,200 American Metal
*
1,800
6% conv preferred
100
6,620 American News Co new
*
429,500 Amer Power & Light
*
103,600
56 preferred..
*
139,800
55 preferred
*

11,900

1,200
40,500

Sale

33,106

600

734

1

J*

_

Sale
Sale

1634
Sale
Sale

1834
Sale
Sale
Sale

148
Sale
Sale
82
Sale
Sale
Sale
38
Sale

55
Sale

11334

156

1234

1

18

1

134
1634
6554
1934
3634
1454
5434

19
6

29

18

WA

1334 July

18

July
July
July
July
July
July
July
July
July

1234 Sale
1334
1354

89

Sale

2634 Sale
1434 Sale
1234
1254
1634
1754
82
8154

2234 July
1034 July

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

1134 July
1654 July
8134 July

Sale
1554
18
1654
1634 July
15734 Sale
15734 July
16734 Sale
Sale
8054 Sale
84
8054 July
83 54 Sale
Sale
86
8334 July
14934 Sale 146
15134 14934 July
534 Sale
554 July
834 Sale
1134 Sale
834 July
82
87
83
94
9234
July
4
4
434
454
434
July
31
33 34 34
32
3434
July
Sale
534 Sale
454 July
c

24

32

22

Sale

30

Apr.
8
Mar. 31
Apr.
8
Apr.
Apr.
4534 Apr.
54 Jan.
6 54 Apr.
117
Apr
July

July
July
July
July

Jan.

Mar.

Jan.
Jan.

28

Jan.

4

4

Mar.
Jan.
Mar.

5
8
14

654
10

934
6

5434
28

11

Jan.

10

Jan.

10

Jan.

8
3
9
4
4
3
21

June 29
June 29

15134

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

Jan.

8

Jan.

4

11

Jan.

3

11

Mar.

1

Jan.

5

10

8
1254 Apr.
134 June 29
4
1334 Apr.
50
Apr. 11
16
Apr. 26

1034 Apr.

14634

July 18
43
July 17
27
July 28
11334 July 31

3

May 25
Jan.

26

28
26
29
29
7
21
27
29
18
25
26

5
4
3

Jan.

Apr

3534
12934
5934

18
12

3

Jan.

June 29

1134

11

6
4

5

1154
1034

24
26

7

July 28
Jan.

6'

50

38

22
2634 Sale
39
39
4134
3834
Sale
263-s Sale
2154
112
11234 11334 Sale

June

Jan.

Jan.

10
8
1

3
20

May 25

ii$

May 15 162
June 29 2254
Apr. 11 7234
Apr. 10 1554
Apr. 10 20
July 19 3434
Apr. 10 53 %
Feb. 17 14034
Apr. 14 68
3 153
May

2034 Apr.
834 Apr.
9
Apr.
1534 Apr.
7534 Mar.
1434 Apr.
148
Apr.
73
Apr.
7534 Apr.
147

8

3

Jan.
Jan.

J*

1

Prices

July 24

3i*

1534 Sale

67

2234 Sale
11
1034
1134 Sale
17
1654

22
112

July

}

3334
3134
654
1934
1934

152

5434

1154
1134

34

17
25
25

1

Highest

July 18
26
June 29
July 25
July 18
1054 Apr. 11
7
50
July 24
May 24
7
July 22
334 Apr.
8
7
1
4434 July 28
3154 Apr.
13 135
July 31 125
Apr. 11
3
9854 July 28
8334 Apr. 11
5 179
July 19 16734 Mar.
3
3
2434 July 18
1734 Apr. 11
6
32
4054 July 21
8
Apr.
1
13 34 Apr.
1854 July 21
8
20 100
July 20 100
8
May
3 129
July 21 10934 Apr. 20
20
10
10
July 20
July 20
12
654 July 18
534 Apr.
8
1
754 July 19
554 Apr. 10
1134
10
834 July 17
634 Apr. 11 1034
22
78
Feb. 11
61
78
July 19
1
334 July 18
1
254 Apr.
554
13
554 July 26
6
454 May 26
3
2
254 July 25
8
354
Apr.
3
2254 July 31
1234 Apr. 10 2254
7
5
834 July 31
954
Apr. 10
6
10
1734 July 31
Apr. 11 1734
26
15
12
1354 July 13
8
Apr.
1
July 25
534
234 Mar. 31
13
July 25
8
2554 Apr.
3534
55
3
55
July 25
4154 Apr. 11
1
254 July 18
154 Jan. 24
254
15
21
July 24
1434 Jan. 23 2
6
7
July 25
434 Apr.
8
TV
1
14 54 Apr.
2054 July 22
8
3054
3
43
June 30
7934
5534 July 18
1
11
1334 July 18
8
1554
Apr.
3
234 Apr. 11
334 July 24
434
3
3134 July 18
2654 May 17 4034
26 120
July 26 11734 Apr. 20 12434
3
2434 July 14
3 x26
2154 July
1
7
July 26
354 Apr. 10
8
47
32
July 27
8
4954
Apr.
3
28
4154 July 27
8
Apr.
1

3

1234 July
1
5334 July
3
1134 July
5
12
July
3
27
Sale
26
2834 29
July 19
Sale
46
3834 Sale
3834 July
1
13334 135
13834 14034 £133 34 July 6
65
6534
68
6534 6534
July
3
149
152
152
153
July
5
53

87

July
July
July

156
Sale

SINCE JAN.

Sale Prices

Sale Prices
58
July

118

1434
1234
1254
1834
27 34
1034

18,200 American

Lowest

Ask

Sale I 6434 Sale
58
12134 12534 132
140
130
45
3754
43
4254
4454
33
36
3134
3854 34
Sale
8
Sale
654
22
Sale
22
2334 22
21
2034
22
2134
2134
4754 Sale
5434 Sale
4754

Sale

Pref series A $30 warr'ts.100
Pref series A $40 warr'ts_l66
Pref series A $36 ex-war_100
$2.50 prior conv pref
*

*

July 31

Ask Bid

Sale

21,900 Alpha Portland Cement
*
22,400 Amalgam Leather Cos. Inc
1
1,300
6% cum preferred
50
56,606 Amerada Corp
*
32,400 Am Agric Chemical (Del)
*
55,760 American Airlines Inc
10
72,500 American Bank Note
.10
4,650
6% preferred
50
53,900 b American Bosch Corp—...1
61,300 Am Brake Shoe & EYty...
*
1,790
534 % conv preferred
100
96,900 American Can—
—25
8,500
Preferred
..100
160,900 Amer Car & Foundry
*
27,100
Preferred
100
128,310 American Chain & Cable
*
1,600
5% preferred
—100
11,666 American Chicle—
*
30 Am Coal Co of Alleg Co N J.25

335,600
101,200
6,000
36,200
19,400

Bid

Sale

1 34

—

50,700
19,300
2,000
3,500
1,500

193",500

Sale

*

330,500 Allis-Cnalmers Mfg

890

61",506

2034
Sale

124,900 Air Reduction Inc
*
17,500 Air-Way ERec Appli Corp
*
174,400 Alaska Juneau Gold Min—10
170 Albany & Susquehanna RR.lOU

14,000
4,400
2,800
4,200

3,300
1,100

Sale

*

Miflis
*
18,860 Addressograph Multigraph-.IO
10,600 Adams

123,060 Allegheny Corp

600

5834
130

25

13", loo

8,700
43,600
2,000
37,700

Ask

100

52,500 Acme Steel Co
127,000 Adams Express

20,956

RANGE

1939

Jan. 1

Shares

PRICES IN JULY

Jan. 3

N. Y. STOCK EXCHANGE

Since

Jan.

3

July

25

Jan.

3

Jan.

6

Jan.

4

Jan.

4

July

31

Jan.

3

July

19

Jan.

4

Jan.

5

Jan.

4

Mar.

9

July 21
Apr.
5
Feb.

24

Jan.

5

Jan.

4

July

19

Jan.
4
Mar. 22
Jan. 20

July

31

Jan.

5

July

31

Jan.

7

Feb.

2

May
July
May
May

31
25
10
15

Jan.

5

Jan.

5
3

Jan.

Jan.

5

Jan.
Jan.

4

5

Mar. 20
Jan.
3
Feb.
6
Mar. 11
Mar. 11
Jan.
4
Jan.
5

Jan.
Jan.

4

Mar.

1
3

Jan.

4

Mar. 10
Jan.
5
June 21
June 13

July

6

Jan.

4

July 26
Feb. 18

11

Jan.

3

7

Jan.

9

8

Jan.

4

10
11

11
4

434 Mar. 31
834 Apr. 11
78
Apr. 10
8
354 Apr.
2854 Apr. 10
434 Apr. 10
24
Apr. 11
2054 Apr. 11
35
Apr. 11
8
1334 Apr.
Ill
Jan. 23

Mar. 11
Jan. 19
Jan. 16

May 26
Jan.
Jan.

5
20

Mar. 10
Jan. 10
Jan. 10
Jan.

5

Jan.

7
5

Jan.

4

July

28

June

3

Jan.

32

N. Y. STOCK EXCHANGE-STOCKS

AGGREGATE
SALES
In

Price

July
Shares
400

3,600
400

1,700
16,000
3,000

10,766
1,900
19,400
10

20,700
500
400
300

290

75,100
3,800
20,300
300

700

13,200
700

33,100
1,700
600

130

1,800
4,400

1,000
200

239,600
96,000
76,300
39,500
20,200
♦3,700
450

8,300
900
320

17,400
33,500
250

7,800
300

"'Boo
4,200
100

86,400
11,000
1,900
8,300
184,000
6,600
4,400
2,500
8,300
21,900
240

July 1
Par

700

Preferred
100
13,400 Armour (Del) 7% preferred. 100
222,700 Armour of Illinois—
.5
20,100
$6 convertible preferred
*
400
7% preferred
100
105,000 Armstrong Cork Co
— *
28,600 Arnold Constable Corp...
5
75,600 Artloom Corporation
*
190
7% preferred
100
136,000 Associated Dry Goods
1
4,200
6% 1st preferred
100
2,900
7% 2d preferred
100
3,600 Associated Investment Co...*
1,610
5% pref with warrants..100
490,000 Atchison Top & S Fe
100
44,500
5% preferred—
—100
119,700 Atlan Coast Line RR
100
12,600 Atl G & W I SS Lines
#
24,200
5% preferred
100
120,900 Atlantic Refining..
25
5,600
4% conv pref series A—100
193,000 Atlas Corp..
5
15,100
6% preferred
50
7,300 Atlas Powder.
*
1,620
5% preferred
100
7,400 Atlas Tack Corp
*
21,300 tAuburn Automobile.
*
10,300 Austin, Nichols & Co
-*
1,470
$5 prior A......
..*
668,800 Aviation Corp (Del) The.
3
347,100
Rights...
Baldwin Loco Wbs vt tr ctfs.13

2,500
460

1,050
4,900
42,100
46,700
700

5,900
6,900
37,500
52,300
1,700
7,300
5,100
13,300
46,200
11,300
64,700
300

23,900
21,800
330

49,900
3,760
24,200
10,500
2,700
58,500
23,200
2,500
390

6,000
1,600
4,800
19,900
1,500
1,200
5,700
200

9,300
15,700
10,000
85,700
30

34,800
2,000
2,400
300
500

2,400
5,000
3,500
830

16,700
300

140,800
3,220
25,300
110

2,800
23,800
260
800

2,000
800
30

119

120

X

27%

Sale

4

116%

47

Sale

35

56

65

45

57 %
11

Sale

35

Sale

9%

II*
M

8%

Sale

6%

6%

38%

H

43
10%
9%

Class B

*

Bond Stores Inc

4

Borden Co (The)

...15
Borg-Warner Corp
5
Boston & Tylaine
100
Bower Roller Bearing Col—17
g

JBush Term Bldgs—
Depos. ctfs. 7% pref
Butler Brothers

5% conv preferred
Butte Copper & Zinc
Byers Co
Partic preferred
Byron Jackson Co
Calif Packing Corp.
5% preferred

96% Sale.

97

98
Sale

25

67%

Sale

55

29
58

30

16%

19

it*

Sale
Sale
Sale

25
53
16

22 %

Sale

38%

111
8% Sale
44
43
Sale

108

126
6%

73

80

59%

58

60

35

8%

Sale

35%

Sale

6

6%

7%

10

11

20
19% Sale
104
109% 111
9
7% Sale
44% 45% 47
50

51

117

119

~~6 %

4%

Sale

2
2

119

Sale

3% Sale

Sale

4

29

32

18%
V

m Sale

5

5%
1%
2%

20

19%

Sale

Sale

17% Sale

10% Sale

L23

Sale

7% Sale
72%
75
29% Sale
19% Sale

"55" Sale"
78% Sale
17% Sale
L13
Sale
25

Sale

no"
8

100
19

8%

"21% Sale"
19% Sale
52% Sale
47
46%
51% Sale

M*
105
19

Sale

107
Sale

16% Sale
9% Sale

20

17
31

Sale
Sale
24%
43%
46%
34% Sale
28% Sale
L07

Sale

52% Sale
12%
13%
16% Sale
32
Sale
2% Sale
26%
27

6% Sale
15% Sale
31% Sale
39% Sale
43

1%

Sale

2%

9% Sale
12% Sale
40% Sale
17% Sale
31% Sale
13% Sale
11% Sale
95

96

7% Sale
51%
5%
32%
28%
14%
18%
2%

Sale
Sale
Sale
Sale
Sale
Sale
Sale

40

18% Sale
20%
19%
108

Sale

59

Sale

20%
20

Sale

21% Sale
2
1%
25
25%
6%
9%
18%
38%
48%
1%
9%
11%
38

Sale
Sale
Sale

17%

126%

Sale
Sale
Sale
Sale
49%
1%
Sale
Sale
39

9

50
12

51

13%
17% Sale

50
1
5

9%

55
Sale

5%

aV/a

Sale

50
Sale

45

39
4

Sale

31

32

44* si* 37%
80
Sl3,e* 13% »*
Sale

Sale

W*
Sale
109
Sale
95
Sale

70
Sale
Sale
Sale
Sale

Sale
5
92

11

Sale

10

Sale
Sale

4%
5%
20%

Sale

30
Sale

Sale
Sale

Sale
Sale

Sale

40
Sale

Sale

20% Sale
21% Sale
25% Sale
2
2%
Sale
Sale
Sale

Sale

41)
Sale

8

72%
21

19%
52%
38
51%

16%
105%
19

16%
9%
zl7%

Sale
Sale

10%
}\X
7% Sale

12

71%

II*
51
1

5%
11%
43

23
3
Sale
Sale
Sale
Sale

52%
Sale
Sale

11%
Sale
48

4% Sale

July
July
July
July
July
July
July
July
July
July
July
July
July
July

18% July
20% July
July
July
19% July
20
July
21% July
2
July
25% July

6%
9%
18%
38%
49

11%
39

21%
35

13%
7%
96%
4%
34%
3%
23%
17%
13%
11%
1%
11%
6%
20%
2%
9
52

13%
17%
52%
%
5%
9%
16%
43

3%
31%
4%

32

34
Sale

40

45

35

83

85%
16%

80
15

15

July
July
July
July
July
July
July
July
July
July
July
July
July

108
58

a\x

2%

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

2%
3%
2%
2%
AX
73
71% 73
Jt'X Sale
118 % 118% 114
112% 118
41% Sale MX Sale
41%
106
Sale
105
103% 105
Sale
21
21
27% Sale
102% Sale
107% Sale 101% July
Sale
11% Sale
10% July
W*
66
66
Sale
65
July
19% 20% 19%
20%
19% July
3% Sale
2% Sale
2% July
112
112
111
m* 111% July
Sale
4
4%
3% July
5
Sale
4%
4%
4% July
4 % July
4% ,4%
5%
90
95
91
86%
89% July

62

90

7
10
1
5
3
1
5

18
5
3
10
6

July

July
July
July
July
July
July
July
July
July
July
July

116

June

July

July
July

18

July
July

13
30
29
26

45%

WX
36

17%
9%
101%

AW*

49

4%
31%
22%
18%
14%
1%

11%
.8%
22%
3%
12%
72%
13%
20%
53
1

6%
13%
20%
45

4%
33
40

85%
16%
3%

79%
118%

♦*§■»
106

28%
109

WA
204®
112%
5

5

<&X
95

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

25
25
25
27
18
24

24
24
26
10
22
28
29
22
24
22
28
25
28
18
20
21
24
21
22
28
31
19
18
7
1
17
24
27
21
18
18
29
18
17
24
18
18
24
25
31
28
25
24
17
27
26
10
17
31
21
28

4

Jan.

5

4

Jan.
Jan.

4
11

Jan.

5

Feb. 28

19%

Jan.

Jan.

29

5

4

Mar. 23

126% July
July
73% Jan.
29% Jan.

II*
S*

25
31
25
3

Mar. 11

July 21
Mar. 11
4

Jan.

11
Jan.
7
Feb. 28
3
22% Jan.
4
17% Jan.
23% Mar. 11
Feb. 24
44
3
34% Jan.
3
28% Jan.
18

Jan.

115
27

116

22

July 29
59% July 25

16% Jan.

28

Jan.
Jan.

25% July 24
114% Jan. 16
28
July 24
102% July 13

118% Apr.
1% Apr.
19% Apr.

11*

%# June 19

Jan.
Jan.

21% July

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

3

33

Mar.

26 % July

11M
SB

6
5

8% Jan.

12% Jan.

2% July
29% July

4
9

ft*

16% Apr.

21% July

3

3% Jan.
30% Jan.

ll¥*

Apr.

104
51

July
59% July

20

Mar. 15

8%
10%
30%
87%

17% June

24% July
23% July
116

5

47% Mar. 8
66% Jan. 3

17% Apr.
48% Apr.
38
July
50% June
15% Apr.
99% Apr.
15% Apr.
14
Apr.
8% Apr.
£17% July
35
Apr.

17% July
112% July
24% July
20
July

4
15

15 127
Jan. 11
10
6% Jan.
5
10
4% Mar. 10

70
Mar.
16% Apr.

July
July

Mar.

18

July

98

4
5
4

23% Jan. 10
110% June
6
9% July 21

113% Apr.
7% Apr.

65% July

12

71

15% Apr.

July

20

30% Jan.
3
10% Mar. 14

110% Apr.
17
Apr.

126% July
9% July
72% July
26 %July
20% July
55

42% Jan.

10% Apr.
6
Apr.
24% Apr.
£12% Apr.

5 102% July

47

38
100

9% Apr.
4% July
5
Apr.
19
Apr.
65

15
9
6
4

Mar. 15
June 12
June
6
June
1

60

Jan.

4% Apr.
1% July
2
Apr.
18% June
3% June
% June

13% July
6
July
8% July
25% July
69% July
14% July
8% July
30
July
14% July
25% July
114% July
28

10% Jan.
78

23% Apr.
51% Apr.
15
Apr.
6
Apr.
10
Apr.
18% May
104% Apr.
7
Apr.
43% Apr.
50% June

28
125

Sale

12X8 Sale

Sale

33%

7
July 21
7,%
8
13 %
July
19% July 29 20%
107
107
July 26 110
Sale
1
7% July
9%
5
Sale
47
45% July
52
8
54
55
July
Sale
117
July 20 119
3
6
5%
4% July
Sale
1% July 10
2%
2
1
Sale
July
2%
22
19% July 13 23
Sale
1
3% July
4%
1
% July
%

il*

23%
22% Sale
114% 117

22

36
July
98% July
31% July

Sale

20%
21%
36
34%
34%
36
16% Sale
13% Sale
9% Sale
7% Sale
96
98% 101
103%
4%
5% Sale
4%
44% Sale
34%
36
4% Sale
3% Sale
24
31
24% 30%
17%
18
20%
*2\X
17% Sale
13% Sale
13% Sale
11% Sale
1%
1%
1%
1%

6%
21%
2%

1

61

Sale

l&x
28

1
5

8% Apr. 11
15% Jan.
1% Apr.
2% Jan.
21
Apr.
29% Jan.
116
July
121% Jan.
97
May
105
June
A;
3% Apr.
6% Jan.
33% Apr.
A
52
Jan.
Mar. 31
50
65
Jan.
33% Apr.
58
Jan.
9% Apr.
13
Mar.
5% Apr.
10% Jan.
73
Jan.
95
July

5% Apr.
Jan.
70
41
Apr.
30
Apr.

20% July

Sale

29

27

July
9% July
76
July
59 %i July

6

62%
17%

58

95

3
12

3

38

36

20

15% July

9% Sale
72%
74%
25% Sale
20% Sale
55%
54%

"t*
it*

43% July 22
11% July 18
10% July 22

55

18

Sale

Sale
51
Sale
Sale

5

30
125

10
3

Sale

.

21%
16%

*

Century Ribbon Mills.......*
230
Preferred
100

Tor footnotes see page 40«

Sale

Sale
96
99%
28%
29%

17

120
July
104% July
4% July
39% July

Sale

65
67
67% Sale
13%
13%
11% Sale
11%
7
8%
6%
6%
JX
31
29
30%
28%
28%
13
13% 13% Sale
13%
20
20
19%
24% Sale
114
112
113
113%
Sale
23
26% Sale
22%
102
102% 104% 109% 102%

Sale
Sale

7% preferred
.—.100
Caterpillar Tractor..
*
5% preferred
—.100
Celanese Corp. of America
*
7% prior preferred
100
Celotex Corp new
*
5% preferred
100
Central Aguirre Associates
*
Central Foundry Co
1
Central 111 Lt 4%% pref—100

...

Sale

18%

10% July
2% July
27% July

July
July

64

Sale

Carpenter Steel Co
5
Carriers & General Corp
1
Cash (J I) Co
....100

Central RR of N J
Central Yioleta Sugar Co.

L14

10

Campbell W & C Foundry.._*

10

Sale

.30
5
*
100
*

Callahan Zinc-Lead
1
Calumet & Hecla Cons Copper 5

35% July
10
July
6% July
95
July
7% July
70
July
58
July
35% July
95
July

Sale

Sale

8

100

50

11

Sale

73

25"

*

Sale

90

95

Sale

Boeing Airplane Co

11

65

7%

Sale
90
Sale
Sale
34
Sale

Bohn Alum & Brass Corp....5
Bon Ami class A.
*

9% July
2
July
25% July
116
July
101% July
3% July
36% July

42

82

29%
85%
20%
12%
29%
18%
20%

5

Sale

66%

Sale

Barnsdall Oil Co

Highest
Sale Prices

34 %
94

71%

Sale

50

Lowest
Sale Prices

Sale

Sale

5
21

5%% preferred....

Highest
Sale Prices

75
10 %
65
52 %

4

*

Sale
Sale

Sale

Sale

Barker Bros

10%
Sale

2

27

101% 103% 101% 103

6

77

10

10%
2%
25%

Sale

100
..25
17,200 Cannon Mills.
_*
9,200 Capital Admin Co Ltd cl A..1
800
$3 preferred class A......10
2,350 Car Clinchfield & Ohio Ry
100




1%
25

8

Canada Dry Ginger Ale
180 Canada Southern
Ry Co
323,400 Canadian Pacific

9,800
25,400
38,600
5,280
149,000
2,800
443,900
8,530
188,200
1,360
25,500
119,700
2,160
6,600
15,800
5,500

8

Ask

10

Brewing Corp of America..3
Bridgeport Brass Co
*
Briggs Manufacturing
*
Briggs & Stratton
*
Bristol-Myers Co
5
Brooklyn & Queens Transit..*
$6 preferred
*
Bklyn-Manhattan Transit
*
64,500
$6 preferred series A
*
275,200 Brooklyn Union Gas
*
4,100 Brown Shoe, Inc.
*
92,800 Bruns wlck-Balke-Coll
*
173,200 Bucyrus-Erie Co
10
1,520
7% preferred
100
328,500 Budd (E G) Mfg
*
16,050
Preferred 7%..
100
107,000 Budd Wheel
*
56,900 Bulova Watch
*
41,800 Bullard Co
*
129,700 Burlington Mills Corp
1
120,000 Burroughs Add Mach
*
21,700 Bush Term Co
1
3,380
68,200
14,200
49,000
72,400
7,820
25,400
63,800
2,000
282,000
137,900
55,900
334,900

14% Sale
2% Sale
28% Sale
121 %
101 & 102"

Lowest
Sale Prices

July 31

Ask Bid

—100

-

72,100
213,200
440,200
8,500
33,600
33,800
47,600
258,000

Bid

4% preferred
——100
Bangor & Aroostook
50
5% conv preferred
100
Barber Asphalt Corp
—10

Baltimore & Ohio.

Bayuk Cigar Inc—
*
630
1st preferred
-.100
34,300 Beatrice Creamery
25
2,300
$5 preferred with warr
.*
40 Beech Creek RR Co
50
5,200 Beech-Nut Packing
.20
33,600 Belding-Heminway
800 Belgium National Rys part pref
845,400 Bendix Aviation Corp
5
67,700 Beneficial Indus Loan Corp..*
19,700
Prior pref $2.50 div ser '38.*
21,000 Best & Co
*
1,434,700 Bethlehem Steel Corp (Del)--*
44,400
5% preferred...
20
28,300
7% preferred
100
22,800 Bigelow-Sanford Carpet Inc. *
27,900 Black & Decker Mfg Co
*
137,400 Blaw-Knox
*
1,410 Bloomingdale Bros
*
470,300
25,600
4,160
5,710
36,000
320,900
296,500
10,400
28,400

Ask

Bid

11%
5%
7%

220 Blumenthal & Co pref—-.100

58,706

1

1939

5,100 Andes Copper Mining Co.-.20
2,800 APW Paper Co—
*
13,500 Archer Daniels Midland
*

591,900
305,300
95,900
20,000
2,110
75,400
12,400
2,130
221,500
109,400

RANGE SINCE JAN.

Jan. 3

Shares

400

PRICES IN JULY

STOCKS
N. Y. STOCK EXCHANGE

Since
Jan. 1

29% July

5% Apr.

15%
31%
40%
51%

Apr.
11% Apr.
11

June

1

Apr.

6%
5%
18%
2%
7

25%
11%
13%
48%
%
5

9%
12

Mar.
Apr.

Apr.
June
Apr.
Apr.
Apr.
Apr.
Mar.
Feb.
Apr.
Apr.
Apr.

43
July
3% Apr.
29% Apr.
4% May
35
July
77
Apr.
13% Apr.
2% July
66
Apr.
110
Apr.
38% Apr.
103% Mar.
13% Apr.
84
Apr.

109

Mar.

3% June
3% Apr.

3% Apr.
85% June

8

Jan.

4

Jan.

5

July
July

25
27

Jan.

20

24
24
24
26
29

2

§

22

6
13% Jan.
101% July 29
Jan.

Jan.
Jan.
34% Mar.
Jan.
30

%

4
4
4
9

5
18% July 28
3
18% Jan.
5
2% Jan.

13
9%
23%
4%
13%
72%
17%
20%

JuneJ9
Jan.

3

Mar.

6

Mar.
Jan.

4

9

July

31

Jan.

5

June 20

53

July

7

2%
8%
17%
20%

Jan.

17

47

Jan.

5

Jan.

4

Jan.

18

Jan.

12
3

6% Jan.

34% Mar. 11
Jan.

9

42% Feb. 17
85% July 17
20% Jan. 14
Jan.

[3

94% Mar. I 9
122% Mar.'3
55
Mar. 11
9
i°7 % Jan.

28% July 28
July 25

109

10

Apr.
64
Apr.
18% Apr.
2% Apr.

3

25

13% July
14
July
45% July
29% July
36
Apr.
17% July

Jan.

16

25

7% Feb. 27

8% Apr.
16% Apr.
31
Apr.
41 % Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

9% Apr.
7
Apr.
94% Apr.
4
Apr.
29% Apr.
3
Apr.
21% Apr.

June 21

21% July
Jan.
32
2% Mar.

Jan.

4

72% Mar. 14
22% Jan. 11
3
5% Jan.
Jan.

12

9% Jan.

5
3

113

5% Jan.

Mar. 11

95

Feb. 24

Aug., 1939]

N. Y. STOCK EXCHANGE—STOCKS

33

AGGREGATE
SALES
In

July

Shares

300

3,100
1,000
5,700
50.000

1,600
1,200
2,000
1,500
4,300
2,000
4,900
5,400
700

-

11,300
500
400

1,600
600
500

700

.

1,300
10,000

77,000

358,700

2,153,700
78,400
21,200

16,500
980
50

120

1,300
6,600

12,800
28,300
70

7,200
'

-

-

M

-

18,400
44,300

20

5,300
290

400

150

.

24,200
500

21,700
900

82,400
132,600
29,800

20,000
800
10
520

1,100
16,600
138,800

7,500
3,600
59,000
2,000
2,800

:

791,800 Commonwealth Edison Co

800

3,300

48,900
48,400
36,600
1,500
3,500
5,700
16,100
200
600

19,100
510

25,100
2,000
900

2,700
30

1,100
6,300
5,800

72,200
22,800
50
30

8,400
500
500

3,800
80

23%

Sale
10
Sale
Sale

87

3%

89*6
3 %
Sale

3%

Sale

Sale
Sale
Sale

3B

Sale
Sale

98*6
17%
7%
19

20%

Sale
9414 Sale
114
2
H
M
1% Sale
11% Sale
%
%
%
%
% Sale
1%.
2

30 %

„

Sale
36

11%

38}4

47

%

B
ilH
,13 X

44%
%

Sale
Sale

Sale

8*

9

Sale
8

11

Sale

33

35

83

Sale

10

Sale

l%%

35

50
Sale

9%

275H

28

w

80

67% Sale
12
Sale
91*6 Sale

62

50

60

2%
17%

17%

4 % Sale
22% Sale

36% Sale

3

28*6

Sale

W*
42

77

Sale

60

Sale

2514

Sale

7,400
62,100
88,200
651,700
236,400
45,800
11,500
111,500
4,700
289.200
48,900

127%
131*6 Sale
59 %
60
14*6 Sale
102 >4 103

35*1
105

Sale

107

21% Sale
6% Sale
914 Sale
7%
7%

130 %
123

101

19

21

Sale

2

% Sale
2%
11% Sale
a% Sale
2

5a Sale

% Sale
1%
2
14% Sale
34
35*6
46
48*6
% Sale
% Sale
Vs
%
8% Sale
11*6
12

8% Sale
30
82

48
3

Sale

36*4 July
2854 July
133
30*4 July
Sale
123
July
Sale
60*4 July
Sale
14*4 July
106
105*4 July
Sale
25
July
109
107*4 July
Sale
12*4 July
Sale
3*4 July
5%
454 July
5
4
July

Sale

25

107 % 108%
12%. Sale

3%
5%
3%

.

Sale

4%

Sale

Sale

Sale

Sale

93

Sale

92

15

Sale

9%
28%

29

3014

7?*

Sale

57

Sale

86%
Sale

109 %
Sale

Sale

108*6 109%
11*6 Sale

4V'

18*4 July
Sale
18
July
Sale
91
July
Sale
854 July
27% 26
July
Sale
5*4 July
Sale
84
July
78% 73
July
Sale
43*4 July
110
108*4 July
Sale
48*4 July
111
109
July
Sale
9
July
Sale
1*4 July
Sale
60
July
Sale
28*4 July

73

107*6 108*6
60

Sale

Sale

65
Sale

50

114%
Sale

Sale

Sale

Sale

61

5%
25% Sale

iP
102

Sale
Sale

6%

Sale

6%

9

78
86

Sale
8

81

82

Sale

90*6

1%

Sale

A*
Sale

Sale

106 %

Sale

9%

Sale

6*6
9%
3

Sale

Sale

Sale

Sale

Sale

94

Sale
2

2

Sale

Sale

93%

94%

Sale

53
66

176

Sale

Sale

Sale

Sale

Sale

..*

Sale
Sale

*

Sale

*

40

Crown Cork & Seal

$2.25

conv

pref

w w

Preferred ex-warrants

177

5%

1
Sale

Crosley Corp (The)—

58
Sale

Sale"

25

preferred

Sale

177

% Sale
176 %

4%

100

conv

aW

20
Sale

Sale

Cream of Wheat Corp (The)—2

5%

Sale

Sale

Sale

27% Saie

l

Crane Co

Sale

Sale

Sale

Sale

113%
6%
33%

Sale
Sale

Continental Oil of Del

101
Sale

1654 Sale
1*4 Sale
97% 98%

Sale

112% 113%

KB

11%

Sale

Sale

43 %

Sale

99%

16*6
19% Sale

20

New

_*

5

104%
32
Sale

Sale

35*6
33*6

Sale

*
201,900 Crucible Steel of America--100
Preferred
—100
9,300

Sale

20%
99%
30%
10%
20%

Sale
Sale

139,700 Crown Zellerbach Corp
$5 conv preferred
4,090

2,530
46,800
2,370
19,500
61,400
49,300
1,098,700
311,700

Cuba rr 6% preferred
100
Cuban American Sugar—.10
Preferred
———100

Cudahy Packing——

50

3%
Sale

Sale
83

Sale

1

9,500 Davega Stores Corp....—.5
Conv 5% preferred—.....25
4,300
10,900 Davison Chem Corp (The)—-1
1,790 Dayton Pr & Lt 4%% pref.100




Sale
Sale

Sale

Class A

page

Sale
Sale

Sale

Wright Corp.—..1

...—

lee

Sale
Sale

Sale
Sale

350 Cushman Sons 7% pref.... 100
$8 preferred-270
*
..»
61,600 Cutler-Hammer Inc

For footnotes

Sale

...—*

Preferred

Curtiss

Sale

Sale
Sale
Sale

Curtis Publishing Co (The)-.*

40.

9*4 July
23*4 July
3654 July
95*4 July
2
July
July
2*4 July
13*4 July
July
July
July
2
July
14*4 July
3454 July
48
July
July
July
July
9
July
11*4 July
954 July
32
July
84*4 July
14% July
9654 July
52
July
3*4 July
2554 July

11%

a¥A

91

48*6

80
Sale

Sale
7
18

5%
18

Sale

107*6 110%

6*4 July
2154 July
6*4 July

43

35*4
130*4
13054
61 *4
17 *4

July
July
July
July
July

25
29
6

31
31

July 22

107

18

33

25

July
July
10854 July
1654 July
4*4 July
6
July
5
July

24

21 *4 July

27

12
13

18
18

86

\

10

*4
54
54

7*4
10
7

25

5354
9

79

Sale

111%

1754 July
6*4 July
82
July
87
July
1 *4 July
9*4 July
29*4 July
106

July
6*4 July
7*4 July
1
July
2
July
9*4 July
98*4 July
9*4 July
1354 July
1 *4 July
94*4 July

35*4 July
112
July
6*4 July
33*4 July
2
July
21
July
19*4 July
53*4 July
r60
July
17554 July
5*4 July
3*4 July
154 July
19*4 July
100
July
30*4 July
10*4 July
20*4 July
35
July
31
July
9*4 July
77
July
2654 July
63
July
3
July
3*4 July
54
July
11*4 July
4*4 July
45
July
4 *4 duly
2354 July
80
July
55
July
14*4 July
454 July
17
July
5
July
111*4 July

Feb.

Mar.

Jan.

1*4 Jan.

4

Jan.

4

Jan.

4

3*4
20*4
38*4
48*4

J*

Jan.

4
Mar. 14
Mar. 11
Feb.
6
Jan.

5

Jan.

3

Mar.

1*4

9

Jan.

5

13*4

Jan.

33

Jan.

3
11

85*4 Mar. 9
14*4 May 23
97*4 June 10

Jan.

50

58

15

26

3
Mar. 11

69

Feb.

115

Feb.

9

30*4 July

28

July
2*4 Apr.
Apr.
Feb.

Jan.

3454 Jan.
21*4 Apr.
127*4 Jan.
114
Apr.
58

Jan.

11*4 Apr.
101*4 Feb.
20*4 Apr.
100
Apr.
11*4 Apr.
3
Apr.
4*4 Mar.
4
May
14

Mar. 11

4*4 Jan.

10

78

45*4 May
2
5
60*4 Jan.
35*4 July 29
135
133

62

Mar. 16
Jan.
6
Mar.
2

17*4 July
July
36% Jan.
10854 July
2354 Jan.
107

7

IB

#

49

July
554 July
July
80
July

July
July
July
July
July
July

42

106
9

3

June

554 Apr.
73
Apr.
79*4 Apr.
1*4 July
8*4 Apr.
27
Apr.
10154 Jan.
454 Apr.
7
Apr.
1
July
154 Apr.
9
Apr.
93*4 Apr.
9*4 June
11 *4 Apr.
1*4 Apr.
88
Apr.
17
31
5
18
29*4
25
154
20
20
7
16
22
49
18
54*4
24
13 171
3*4
5
3*4
27
154
25
18
19*4
93
28
2654
27
7' '
13
20
25

i!?*

21
7
22
18
25

18
19
26
24
20
18
17
20
19
28
5
25
21
19
21
13

Apr.
Apr.
Apr.
Apr.
Apr.

4

21*4 July 27
2154 July 27
94
July 19
4
1554 Jan.
30*4 Mar. 6

83

Feb.
9
Mar. 14
Feb.
8

57

Jan.

9

91

3

109*4 Mar. 20
60

110*4
1354
2*4
7054
3154

7

5*4 June
454 Apr.
17

&
4

Feb.

5*4
74*4
62*4
3854
105*4

5

12

Jan.

3054 Jan.

7*4
23 54

22
18

954 Jan.
7*4 Jan.

Apr.

14

73

4

Mar. 13

Apr.

39*4 July
114
July
7*4 July
37*4 j ily
J7/8 July
23
July
29
July
59
July
63
July
176*4 July
554 July
July
July
July
July
32
July
11*4 July
2654 July
36
July
3354 July
11*4 July
81*4 July
3554 July
72
July
July
July
July
12
July
4*4 July

4

5
3*4 Jan.
13*4 Mar. 11
3
% Jan.

Apr.
Apr.
June
June
June
Apr.
Apr.
June
June
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

5

2154 July
July
82
July
*90
July
154 July
11*4 July
33*4 July
5 107*4 July
11
7
July
8
July
154 July
254 July
11*4 July
101
July
12
July
1854 July
S/s July
99
July

8

9
June 27
Jan.
4

19

6*4 July 25

25

Mar.

22

7*4 July

112

x25%
40%
95*4
354
54

Mar. 21
Jan.
3

July 25

29

19*4
5*4
17*4
6*4

4

1 *4
4554
z25*6

3154 July

55

4

11

1*4 Apr.
*4 May

44*4

Jan.

30

#154 May

32

5

13

102

Jan.

9%
*4
*4
54
1*4

52*4 jan.
47*4 Jan.

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Jan.
Jan.
Apr.
Apr.
Apr.
Apr.
July
Mar.
Jan.
Apr.

2154 July 27
94
July 19
10*4 July 17
28
July 26
8*4 July 27
87*4 July 18
79
July 21
50
July 18
109*4 July 26
55*4 July 27
110
July 11
1254 July 25
154 July 12
7054 July 26

27 *4

8
8

Apr.
17*4 June
654 Apr.
17*4 Apr.
27
Apr.

109*4 June
20*4 Apr.
7454 Jan.

113*4 July
30*4 July

9

Sale
Sale

Sale
Sale

92%

48,400 Coty International Corp

341,800
24,700
23,200
66,900
117,300
1,400
7,700

8

100

1

3%

July
July
8% July
19 m July
30*1 July
93 % July
154 July
% July
1*4 July
11
July
% July
% July
*6 July
1 % July
1154 July
32*4 July
45
July
% July
54 July
54 July.
8*4 July
10*4 July
754 July
31
July
67*4 July
12
July
91*4 July
50
July
2*4 July
18
July

Sale

10

100

50

23% Sale

60%
14% Sale
105
105%

17
95
Sale

Preferred

Sale

13% Sale

60%

100
Consumers Pow Co $4.50 pref_*
Container Corp of America
20
Continental Baking Co class a

Coty Inc

35

92% Sale

Sale

16%
16 H

v t c

._5
Continental Steel Corp
*
Corn Exch Bank Trust Co--20
Corn Products Refining
25

98

98

2

$4.50 preferred
..*
Continental Diamond Fibre-.5
Continental Insurance
2.50
Continental Motors
1

27
18
18
24
17
31
6
5
22
18
13
13
17
21
25
26
28
21
17
25
18
28
18
26
25
11
14
6
18
24

100

19%
20%
8%
9
22% Sale
3414 Sale
95% Sale

6*4 Apr.
22*4 Apr.

42

3% Sale

8% preferred

July
July

99

.

1
1
5

June 29

32

32% July
6% July
27*4 July

Sale

c-25

176,750 Continental Can-—-.

13
25
18

Sale

Sale

36%
28%

1% Sale
ion Sale
31H Sale

*

39*4 July
8*4 July
32
July

Sale

68

22,400 Consolidated Film Industry
1
$2 partic preferred
47,900
*
450,420 Consol Edison Co of n y Inc-*
$5 preferred
76,000
*
59,100 Consol Laundries Corp.__5
507,000 Consolidated Oil Corp—
*
15.000 Consol rr of Cuba 6% pf_100

Class b

Highest
Sale Prices

8

A*
Sale

5% preferred

Lowest
Sale Prices

111% 112% 111% Sale 11154 July
22%
23%
23 *4 July
28% Sale
76
74%
77
77%

7% Sale
29*6 Sale

v t

Highest
Sale Prices

70
Sale

*
17,800 Conde Nast Publications
*
62,400 Congoleum-Nairn Inc
900 Congress Cigar _
*
770 Conn Ry & Ltg 4% % pref—100
258,700 Consol Aircraft Corp
1
10,300 Consolidated Cigar
*
270
7% preferred
100
6 %% prior pref
3,260
100

Consolidation Coal Co

Lowest
Sale Prices

30%

99%
19
9
~

Ask

Sale

19,600

400

30
8%

32% Sale
6% Sale
27
28

27*6 Sale

2,000

5,400
10,700
59,000
37,800
17.900
1,750
17,700

101% 102 Mi

July 31

Ask Bid

Bid

25

3,900
16,000
29,800
9,800

24,100

2.50
2.50

30,200
6% preferred series a
100
1,630
5% preferred
100
10
174,000 Commercial Credit
2,700
4%% conv. preferred
100
*
183,900 Comm'l Investment Trust
$4.25 conv. pref ser of 1935-*
3,300
*
750,600 Commercial Solvents
949,000 Commonwealth & Southern--*
$6 preferred
181,300
*

15,900
2,000
10,200
113.700
188,900
103,300

300

100
100

*
22,900 Columbian Carbon v t c
34,500 Columbia Pictures Corp v t c_*
$2.75 conv preferred
3,700
*
1,095,100 Columbia g & el common---*

258,100
5,000

—

100

4% 1st preferred
4% 2d preferred
Columbia Broadcasting
90,400
System Inc class a
Class b
37,575

50

—

*

3,940
1,360

18,100
6,000
2,800
3,900

-

-*

Class a

5,920 Colorado & Southern

2,330

•»

Preferred

349,600 Colgate-Palmolive-Peet Co
*
9,000
6% preferred
100
*
72,900 Collins & Aikman
3,320
5% preferred
100
39,200 Colorado Fuel & Iron Corp__*

500

12,500

Sale

127

5,900

71,000

100

50% Sale
11*6 Sale
42

100

580

30,800 Coca-Cola Co (The)

700

1,100
10,200

25
Chrysler Corp
5
City Ice & Fuel
*
6% preferred
100
City Investing Co
100
City Stores
5
Clark Equipment
*
Clev Cine Chic & St l ry—
5% preferred
100

Ask

111

10

6,500

172,600

*

-

Bid

3,680 Cleve Elec 111 $4.50 ser pref—*
30,300 Cleve Graphite Bronze (The)_l
270 Cleve & Pitts rr Co 7% gtd_50
90
Special gtd 4% stock
50
175,300 Climax Molybdenum Co
*
331,100 Cluett Peabody & Co
*

790

~

Childs Co

770 Chile Copper

40

1

1939

July 1
Par

122,800 Cerro de Pasco Copper
*
1
181,100 Certain-Teed Products
6% prior preferred
18,410
100
Champion Paper & Fibre co—
1,500
6% preferred
100
Common
*
26,100
-.5
8,400 Checker Cab
33,900 Chesapeake Corp
*
399,900 Chesapeake & Ohio
25
Preferred series a
100
14,500
9,900 {Chic & East 111 rr 6% pf_100
22,600 {Chicago Great Western—100
21,700
4% preferred
100
26,800 Chicago Mail Order Co
5
29,300 {Chic Milw St Paul & Pacific.*
33,600
5% preferred
100
76,200 {Chicago & North Western_100
Preferred
100
13,300
97,800 Chicago Pneumatic Tool
*
$3 conv preferred
9,000
*
Prior pref ($2.50 cum ciivs) *
3,800
,9,400 {Chicago r i & Pacific
100
*
9,600
7% preferred
100
7,400
6% preferred
—100
4,100 Chicago Yellow Cab
*
10
19,400 Chickasha Cotton Oil--

14,200
18,600
1,270

RANGE SINCE JAN.

Jan. 3

Jan. 1

Shares

PRICES IN JULY

Price

STOCKS
N. Y. STOCK EXCHANGE

Since

8

Jan.

3

June 21

Feb. 25
Feb.

6

July
July

26
29

June
Jan.

1
5
16
5

3
25*4 Jan.
8*4 Feb. 28

85

Feb.

27

x90

July 13
2*4 Jan.
5
12*4 Mar. 10

35

107*4
7*4
9*4
3*4
1

V*

Mar. 10
Mar.
6
Mar. 10
Jan.

6

Jan.

5

Jan.

3

Jan.

10

101

July 25
16*4 Jan.
3
1
22*4 Mar.
2

100
44
116

Jan.

3

Mar.

3

Jan.

4

May 31

1054 Jan.
37*4 July
4

5

25

Jan.

16

June

31*4 Jan.

3

Apr.

29*4 Jan.
4
5954 July 18
66*4 Mar. 10

Jan.

Apr.
Apr.

17654 Jan.

6

Jan.

6% Mar.

July
July

4*4 July 27
July 25

June

38

Apr.

110

Jan.

32

Apr.
Apr.
May
Apr.
9
Apr.
75
Apr.
24*4 Apr.
35
28

13

9

Jan.

3

Jan.

3

July 27
Apr. 29

41*4
40*4
37*4
1454

Jan.

-'3

Feb.

28

Jan.

4

91

Jan.

10

Mar.

4754 Jan.

4

4

June

96

Jan.

6

July
3
Apr.
49
Apr.
1054 Apr.
Apr.
Apr.
Apr.
19*4 Apr.
Apr.

6

Jan.

21

62
3

th

Jan.

3
2
4

Jan.

&

9

July

3§*

8*

May
May

17

Jan.

3

Jan.

3

84

13 54 Apr.

May
3
55*4 June 17
4
24*4 Jan.

Apr.
Apr.
Apr.
Apr.

17*4 Mar. 10
3
8*4 Jan.
112
July 13

itH
io!h

Jan.

June 20

N. Y. STOCK
AGGREGATE
SALES

PRICES

Price

STOCKS

97,100
6,200
10,520
5,360
39,300
136,200
516,800
39,300
29,200
107,500
6,600

Bid

Ask

-*
2034
20
2454
15
10
Delaware & Hudson
100
24 X
Del Lackawanna & Western.50
8
IDenver Rio Gr & West pf_100
IX
Detroit Edison
100 11334
Devoe & Raynolds A
— *
3054
Diamond Match
-*
30X
Partic 6% preferred. .. ---25
42
Diamond T Motor Car Co—2
m
Distil Corp-Seagrams Ltd....*
20
84
5% peer with warrants—100
Dixie-Vortex Co
*
1234
Oiass A
34 X
Doebler Die Casting Co
22 X
*
Dome Mines Ltd
*
33
Deere & Co

Preferred

Deisel-Wemmer-Gilb Corp.

_

.

Douglas Aircraft Co Inc
Dow

25

1554
Sale
Sale

114
24

Sale

32

Sale

4354

Sale
Sale
86
Sale
Sale
Sale
Sale

78X

Sale

132 X

Sale

1

_

Eastern Rolling Mills
5
Eastman Kodak Co of N J---*

954
3034
1254
3234
6454

1634
1134

12
115
Sale
Sale

123

11734
Sale

7% Sale
184

Sale

2

*
5

Eitingon Schild
Electric Auto Lite

Sale

(The)

3

Electric Boat

3X Sale
3434 Sale
15 X Sale

1
124
25
Sale

2134
3254
4254
534

Sale

654 Sale
1834 Sale
90
11

1734
82

Sale

1134

3354 Sale
1754 Sale
33

9

13
118

1154
112

13

118
7

Sale

115

454
334
43s
17134
15734 160

July
July
July
July
July
July
July
July
July
July

11

July
July

15

1
5

354 July

Sale

159

July

3

July
July
July
July
July
July

12

234 July
234
654 July
Sale
23
July
24
2034 July
Sale
2534 July
27
54 July
1
Sale
3234 July
3834 July
3834
3934
3934
106
108
10534 July
106
Sale
934 July
1234 Sale
76
July
7634 Sale
8034
85
July
8354 8534 Sale
89
July
87
93 34
9134
34 July
Sale
134
134 July
134
154
134
234 July
Sale
3
234
134 July
134 Sale
154
354 July
454
434
454
Sale
654 July
834
834
Sale
1734 July
1934 Sale
134 July
134
134
Sale
434 July
454
33
Sale
Sale
2634 July
24
24
Sale
July
24 X
1434 July
1634 Sale
1434
92
July
95
9134 93

12

26

18

134
3534

30

Sale

1834
Sale

Sale

1034 Sale

1834
134
2834
954

6
5
1

1
1

July
1954 July

534
17234
17434
2634
1934
154
36 34
1154

Mar.

9

2734 July
1654 June
2534 Jan.
834 Jan.
134 Jan.
12434 July
3254 Jan.
3434 July
44 54 July
954 Jan.
2034 Mar.

11

24

90

18

Mar. 31

July
July
July
July
July
July
July
July
July
July
July

July
July

July

6
4
4
4

28
11

26

13
4
1

31

July
1234 Jan.
3534 Jan.
2234 Jan.
34
July
7854 Jan.

8
5
354 Julv
13834 Apr. 26 18634
173
July 12 183 34
2734
1534 Apr. 11
1934
1834 June 13
354
134 June 29
3834
2234 Apr. 11
834 Apr. 10 1554

July
July
July
July
July

2

10
8
10
11
8

10
Apr. 10
3034 Jan. 26
56
Apr. 11
10134 Apr. 11 135
6
Mar. 31
1134
9
June 29
1934
10
14
Apr. 14
108
Apr. 12 115
12634 Apr. 11 160
12934 July 25 142
11734 Jan. 26 12334
4 11834
11534 Jan.
1954
1234 Apr. 11

10 118

173
22

175

July

1 160
July
14734 July
July
12934 July 25 140
120
6 12134 July
July

116

1554 Apr.
Apr.
1154 Apr.
1234 Apr.
4
Apr.
34 July
103
Apr.
1834 Apr.
28
Apr.
39
Apr.
534 Apr.
1534 Apr.
7954 Jan.
954 May
23

July
1154 July
3354 July
18
July
34
July
74
July
131
'July
954 July
1134 July
14
July

Sale

2034
21
1754
1 854
134 Sale
28 X Sale
954 Sale

18

90

180

171

July
July
July
July
July
July
July
July
July
July
July

120

Sale

139
119
116
15

July
July
July

21X
2734
1634
1854
534
18
54
12434
2534
3434
44 X
734
1834
15

July
July
July

9

15934 Sale
13134 13154
121
121
12334
11654 11734 Sale
Sale
1854 Sale
Sale

14734

954
3034
3234
6434

Sale

1054 Sale
14
1334

9

173

118

Sale
6954 Sale
11834 12434 Sale

116

Highest
Sale Prices

434 July
X July

Sale

43

1734
8334
1034
3234
13 34
3254

80

Lowest
Sale Prices

1834 July
July
1454 July
14
July

16
Sale

Sale

„«M

Highest
Sale Prices

26

Sale

Sale

6

100 17534 Sale
4
2534 Sale

6% preferred
Eaton Mfg Co
Edison Bros Stores Inc

27

1534
Sale
1734
534
54
11834 12134
Sale
2434
Sale
3334

o

Sale

2034 Sale

1534

14
4

Sale

*

Dunhill International

Sale
Sale

1834
2634
1334

Lowest

Ask

Ask Bid

Bid

*

Mfg Co

Duplan Silk
-*
250
8% preferred
.100 110
293,700 Du Pont de Nem & Co (E I) .20 154
6% non-voting debs
100 138
24,300
$4.50 preferred
* 119
8,100
3,040 Duquesne Light 5% 1st pf_100 11614
---1
1634
304,900 Eastern Airlines Inc
38,200
171,300
1,840
113,500
5,000
95,800
481,900
309,100

Sale

*

Chemical Co

Dresser

1

Sale Prices

July 31

July 1
Par

28,200

SINCE JAN.

RANGE

1939

Jan. 1

Shares

465,700
26,300
14,400
286,000
174,300
8,300
11,400
12,340
37,900
16,800

IN JULY

Jan. 3

N. Y. STOCK EXCHANGE

Since

EXCHANGE-STOCKS

9

16
3

Jan.

26
3
5

Jan.
Jan.

13

June

19

5

Jan.
18
July 21
Mar. 10
June 13

Feb.
July

27

Jan.

4

22

Jan.

5
8
Mar. 10
Feb.

July

12

Jan.

4
Mar. 10
Jan.
4

Elec & Musical Industries—
American shares
46,400
589,200 Electric Power & Light
1
preferred
204,800
preferred
61,000
41,000 Electric Storage Battery
8,100 Elk Horn Coal Corp
80,900 El Paso Natural Gas Co

—*
*
*
..*
*

3
50
6,500 Endicott-Johnson
5% preferred
100
6,030
-1
864,000 Engineers Public Service
$5 conv preferred
*
20,400
$5.50 preferred w w
*
13,300
$6 cum preferred
*
7,400
50,200 Equitable Office Building._..*
100
79,600 Erie RR
_

35,400
11,200

31,900
65,800
97,900
6,500
2,680
88,100
24,000
20,000
1,590
2,800
54,500
23,600

100
100

4% 1st preferred
4% 2d preferredEureka Vacuum Cleaner

Ex-Cell-0 Corp

25

IX Sale
29

Sale

41

43

L1034 Sale
934 Sale
6634
6834
7134 Sale
76

78

4X Sale
2X Sale

43

Sale

2834

Sale

24

2434
IX
6X

Sale
2X

Federal Motor Truck

*

XFederal Screw Works

*
*

6% preferred series
First National Stores

A

100
...

Flintkote Co (The)
Florence Stove Co..

*

*
*

Florsheim Shoe

(The) cl A—*
JFollansbee Bros—
*
Food Machinery Corp
10
434% conv preferred
100
Foster-Wheeler

14

81

845

L07

115

4X Sale
Sale
154
134

3 34

22

Sale

86

34

[07 X
87
3 54

Sale

Sale
Sale
90

Sale
4834
58
2954 Sale

2X

234
38

1954

Sale

134

8

14

Sale

95

101

*

$6 preferred

*

634 Sale
1854 Sale
5134
5134
9
100

Sale

10434

5
Sale
59
5
934 Sale
* 133
140
5
434 Sale

—

$8 1st preferred
General Bronze

General Cable

*

Preferred 7%
General Cigar Inc

Sale

*

Class A

Sale

100

72

Sale

*
2354 Sale
—100 127
130

-

General Electric

-*

General Foods

*

43 X

Sale

39X Sale
114

$6 conv preferred A
910
*
*
41,800 General Mills
6% preferred
100
7.170
10
2,472,200 General Motors Corp
Preferred 5%
.*
26,600
4,500 Gen Outdoor Advertising A—*

39

Sale

78

Sale

...

-

Common
*
32,200
...—1
29,200 General Printing Ink
$6 preferred..
.*
1,020
.*
21,300 General Public Service
73,300 General Railway Signal—.—*
390
6% preferred
—100
112,300 Gen Realty & Utilities Corp__l
$6 preferred
*
18,800
...

-

*

134

12434
5034
12334
3434
634
1034
10734
134
26 X
90

Sale

Sale

154
234

4154

654
Sale

Sale
Sale
Sale

154 Sale
1934 Sale
4054 Sale

General Shoe Corp
1
Gen Steel Castings $6 pref—*
General Telephone Co
20

3054 Sale

Gen Theatres Equip Corp...*
Gen Time Instrument Corp..*

1454
1554

100

286,900 General Tire & Rubber Co...5
6
150,200 Gillette Safety Razor
$5 conv preferred.,—.....*
17,800

125

31

434
734

10854

17
9934
23 54 Sale
834 Sale
51
Sale

f*

Sale
62

Sale

123
Sale

127

3334
454
8

10834
o

1434 Sale
86
8834
Sale

16*

.1734

21

Sale

1634
15

"15"

Sale

254
254

1034
11

July

234 July
1

July
54 July
22
July

Sale

18
16

1134
1254
9734

1934

Sale

634
5034

Sale

5234

X
60

934

1134

9

1

18
12

7
5
6

10
7

11
1
5

5

12
1

11
3

13
20
5

10
1

10
21
1

39

2

Apr. 11
X Apr. 10
134 Apr. 13

69

654 July
Sale
Sale

100
46

834

14854 143

334

234
954
21
50

2034
116

3234
4234
115

Sale
65
Sale
Sale

54 July

1

July

5

62

1."

WA

Sale

Sale

53

5

July
July
July
July
July
July
July
July
July
July
July

1

26
1

27
6

12
7
10
5
1

12

July

1

July
July
July
July
July
July
July

19

1934 July
6

July

51

July

5

15
6

11
11

13

\VA

2534 July
634 July
5334 July

Feb.

3054
154
3634
43 X

Mar.
Jan.

93

July

6
3
5

27
3

154 Jan.
254 Jan.

4

534 Jan.

4

$
f7*

Jan.

July

28

81

lH

8
July
1003-8 July
54 34 July
934 July
149
July
334 July
1334 July
2654 July
62
July
2154 July
123
July
3954 July
4754 July
11854 July
X July
6534 July
99
July
123
July
4954 July
126
July
34 X July
4X July
934 July
109
July
134 July
1934 July
8734 July
X July
1634 July
3034 July
1534 July
2234 July
July
July
1334 July

38

Apr. 10
134 Apr. 10
3 54 July 11
6
Apr. 11
14 34 Apr. 11
1
Apr. 11
254 Apr. 10
24
Apr. 11
20
Apr. 10
11
Apr. 11

93

June

23

Jan.

85

24

3

1854 Apr. 11
83

18
29
28
18
27
17
26
19
21
25
19
1
1

22

18
14
18
18
21
24
25
25
31
24
22
24
31
3
22
11
28
7
28
5
12
18
28
25
18
24
12
18
22

25
15
25
31
17
17
18
24
13

Apr.

1

27 54 Apr.

11

1654
1754
9934
3834
1634

Apr. 11
Apr. 10

5

554 Mar.
Jan.
2434 Jan.
234 Jan.
Feb.
43
Jan.

5 110

Apr.

34 June 30
X May 25

Jan.

13

6

234 Apr. 10

July
254 July
934 July
1134 July
100
July
534 July
1334 July

1
July
5
July
5
July
3
July
July 10
5
July
July 12
July 12
July 10
3
July
1
July
3
July
July 24

6
334 Mar.
1254 Jan. 19
4134 Jan. 20

2

4934
105

23

Apr. 10
Apr. 11
8
Apr.
Apr. 11
4
Apr.

28
Jan. 25
June
9
Jan.
38
7
Apr. 13
Jan. 30
£103 34Mar. 22 111
8
7
1334 July 25
Apr.
8
6234 Apr.
8034 June 21
87
June 13
8
6554 Apr.

3

July

Jan.

634
2034
1854
23 34
54

1334
7934
8634 July
93
July
1
July
134 July
334 July
134 July
434 July
934 July
2034 July
July
July
3354 July
2534 July
17
July
9234 July
105
July
354 July
154 July
July
2534 July
89
July
3754 July

July
July
July
July
38
July
2234 July
354 July
July
July
July
July
July
J*
38
July
2354 July

1254 July

4

1

2254
10534
5054
2234

9934 July

.Sale

30

7 107

July

115

9

3254
2834

3554

1

19

July
754 July

'I*

&*

1

8
12

2

9754
8634
120
12134
4154
4834 Sale
12334 12354 123
33 34
34
36
434 Sale
434
754
834
834
10754
10934
34
1734
1434
8534
88
8734
X
54
16
1654
2834 Sale
2134
1354 Sale
1454
17
2034 Sale
16
1754 Sale
Sale
1054
1254
1234

"2234

6

3

154 July

Sale

S3

Sale

99

2334
25
8834 July
8834 Sale
Sale
July
3634
3654 34
-19
21
1754
20
1934 July
2054 Sale
Sale
July
10434 10534 104
46 54 July
4734 5034 Sale
18
Sale
July
2154 Sale
32
July
32
3734 Sale
20
Sale
July
2034 .21
2
154 July
Sale
33
Sale
34
2734 July
10634 10754 10634 July
"16" 1834 Sale
1534 July
74
67
74
July
75
Sale
234 July
254
0 V*
Sale
33
3634 July
36
22
Sale
1954 July
2234

Sale
26
62
50
45
Sale
Sale
1934
2034 21
11534 116
12434 131
Sale
38
Sale
Sale
4754 Sale
118
11234 116

Sale

38

Sale

1
10
954
100
9934 115
454
434
1334
1254
1454
50
4634
4634
654
734
Sale
100
10034
46
4534
5054
834
854
834
14134 143
14734
3
234
254
934 Sale
24
1834 '2034

58^
iff*

Sale

110
334
354
1* Sale

89

2

3

105

2434

154

aVA

Sale

$4.50 preferred..
*
General Gas & Electric cl A..*




67

Sale

Gen American Investors

40.

1954
10434
4634
1834
31
1934
154
2734
10634
1554

4

Gen Arner Transp Corp
General Baking Co

For footuotes see page

18

13

5
50

6% preferred

3434

1

Gaylord Container Corp
534% conv preferred

86,600 General Refractories

100

Sale

Sale

34X Sale
18
24X
24 X Sale
9934 100
42 34 Sale
3154 Sale
34X
36
18
1934
2X
3

I*

1

86 X

*
*
100
10

460 Gannett Co Inc conv
29,300 Gar Wood Industries Inc

110

94
3

10
*
$6 pref..*

$3 preferred..
17,400
5,790 Gamewell Co (The)

2,300
18,350
11,000
47,100
9,400

1354
9034

25

2834

A—..*

6X

13

10

21,800 Gabriel Co (The) class
40,500 Gair Co Inc (Robt)

l¥>

254
134
434
654
1754
134
454
2634

3

Fajardo Sug Co Porto Rico..20
Traction
15
$6 preferred
*
Federal Mining & Smelting.100

rlH
8034
8434

Sale

Sale

—

3234
3734
10534

IX Sale
2

Sale

Federal Light &

7% preferred

Sale

4

Exchange Buffet Corp
Fairbanks Co 8%
preferred.100
Fairbanks Morse & Co
*

470
7% conv preferred
12,300 Francisco Sugar Co
290 Franklin Simon pref
74,000 Freeport Sulphur Co.

25,100
1,460
1,321,800
282,100
8,100
76,600

30

13

140 Filene's (Wm) Sons Co.
*
85,400 Firestone Tire & Rubber.... 10

9,700
3,200
41,300
1,400
77,710
101,700
1,580
18,300
202,000
30,700
5,100

234
634
2334
2034

5

17,600 Federated Department Stores.*
4X % preferred
100
6,500
79,400 Fidelity Phenix Fire Ins..2.50

14,400

3334

Sale
Sale

—5

Evans Products Co

34,100 Federal Water Service A

70,500
238,700
9,800
7,700
17,900
28,500
2,520
107,800

234 Sale
1154 Sale
37 X

234 Sale
834 Sale
3134 Sale
2734 Sale
28
2834
34
134
3434 Sale

334
154
2634
8954
3754
19

2554
Jan. 16 10534
8
5054
Apr.
8
3134
Apr.
38
6
25
Apr.
17
May 12 2234
3 54
8
134 Apr.
21
Apr. 14 3554
5 10834
10334 Apr.
1
14 X Apr.
2954
2
67
9054
May

8
3

3
20
27
15
4

Mar. 15
Jan.

6

Jan.

7
19
Mar. 11
Feb.
6

Jan.

July

19

Mar.

17

Mar.
June

July

9
8

28

Jan.

4

July
July
July

27
17
26

Jan.

5

Jan.

11
5

Jan.
Jan.

134 Apr. 10
May 29
1834 Apr. 26

535*

Jan.

30

Jan.

6
9
13
3

10

3

July

21

10

4

Jan.

3

11

13

13

14

Jan.
Jan.

32

134 Apr.
2
July
754 July
9
July
94
Apr.
354 Apr.
1254 July
4734 Mar.
534 May
Jan.

96
40

Apr.
834 Apr.

134

Jan.

234 Apr.

22 101

10
21

June

Jan.

11%

Jan.

52

3
3
29
5
3

Jan.

17
9
Jan.
3
17
26 10334 Mar. 28
22

8

6034 Jan.

11
10
18 149
1

Mar. 31

9

Jan.

8
1754 Apr.
43
Apr. 10
1934 May 12

it*
35

75

Mar.

July

5
9

21

Jan.

4

Jan.
Jan.
Jan.

4
3
4

6
2534 Jan.
June 20 13034 Mar. 31
5
4454 Jan.
Apr. 11

114
31

3654 Jan.
114

Jan.

27
10

Jan.

3

39

4754 July
July
134 Jan.
6534 July
99
July

3 11854

54 Apr.

7234 Jan. 26
9 127
117
May
5154
3654 Apr. 11
8 12634
12134 Apr.
4
38
28
Apr.
634
434 June 29
7

Mar. 31

Apr.
54 June
14
Apr.
8734 July
X June
15
Apr.

105

8

12
30
27

Feb.
Jan.

1054 Jan.

15 110
30

Jan.
Mar.

June

Mar.

154 Jan.
28

Jan.

31
3
5

11
28
27
9
8
28
5
3
6

20
5

9234 Apr.

6

Jan.

3
5

2$

Jan.

Apr.

11

41

Jan.

4

1454 July

15
8

1534 July

15

32 X Jan.

4

1934
16

Apr.

15

Apr.
Apr.
May
Mar.
Apr.
Apr.

28

9 34
1054
9834
1554
554

44

Jan.

1754 July

31

11

1534 Jan.

11

1654 Jan.

4
9

28

9934 Feb.

8

11

10

2754 Mar. 10
3
854 Jan.

26

54

Mar. 14

N. Y. STOCK

AUG., 1939]

35

EXCHANGE-STOCKS

AGGREGATE
SALES

July

'

300

12,000
4,000

250

17,000
21,000
5,300
3,800
5,100
10,500
1,900
11,600
125,800
3,100
230

lb",600
93,900
4,500

"""250
200

1,800
900
160

17,400
700
60
100

6,100
170

2,700
40

10.600
2,200
23,900
800

120

2,100

391,200
34,200
733,100
22,000
24,100
1,230
150,800
96,200
22,000
26.500
20,900
51,800
10,700
104,000
650,000
46,300
2,610

10,500

180

11,800
700

25,400

1
Co—100

Goodrich (B F)

$5 preferred
Goodyear T& R

2334
2*
2*
65
2434
6434

8*

Sale

47
Sale
Sale

70
Sale

Sale

15*

16*

18*

Sale

44

40

2*
2*
74*

Sale

15*
65*

3

2*
84
Sale

66*
Sale

Sale

25

*
*

109

Sale

96* 101

5

Sale

100

Preferred

74

Graham-Paige Motors
—1
Granby Consolidated Mining
Smelting & Power Ltd
5
Grand Union Co (The)
1
83 conv preferred series
*
Granite City Steel
*
Grant (W T)
10
5% preferred-.20
Great North Iron Ore Prop—*
Great Northern preL
100
Great West Sugar
*

Greyhound Corp (The)--. — *
5*% preferred—
10
Sugar
*
8% preferred
100
Gulf Mobile & Northern—.100

100
25
25

10
*

-

75

72

1*

Sale

*

7*

Sale

12*

Sale

26*

5*
*
14*
10*

Sale

23*

Sale

14*

V/s

18*

Sale

26

5*

Sale

135* 137
40
49*
27* Sale

Sale

Sale

105

100
Sale

138*
6

7234
3*

Sale"
74*
Sale

106

10634
11* Sale
109* 111
159*
16* Sale

8
z51

15*
41

2*
2*
82

15*
65*
25

100*
2*
72 '

*

July
July
July
July
July
July
July
July
July
July
July
July
July
July

1

10

7

56

3
17

17
1
e.

1

5
10

22
20

IP

Sale

12*
*
11* Sale

7* July
1* July
16* July
15
July
34* July
24* July
15* July
27* July
26
July
141* July
35* July 18
19* July 18
12* July 20

32

July
17
July
11* July

Sale

IP
14

15*
15
15*
100
102* 102*
101*
100* 101
19
24*
18*
144
120*
140
6*
6*
5*
90
85
90*
2*
2* Sale
109*
106* 108

11*

Sale

121

108

12*
106

166

160

10*

Sale"

13

67*

70
Sale

72* Sale

7* Apr.
July
14* Mar.
34
May
2* Jan.
1* Apr.

17
28
28

11

x5l

31
17
23

3
13* Jan.
66* Mar. 11
5
24* Jan.
47

Mar.

7

3* Mar. 14

A*

70

Jan.

4

Jan.
July 19
4
24* Jan.
13* Apr.
74* Mar. 16
Apr.
3
38* Jan.
21* Apr.
90
5
Apr.
109* Jan.
Jan.
5
3
2* June 30
Mar.
80
3
69* June
2
1* Jan.
3
* July 20
53

_

4* Apr.
* Apr.
Apr.
10
Apr.
24* Jan.
22* Jan.
12* Apr.
16* Apr.
24
Apr.
133
Apr.
42
May
24* Jan.
14* Apr.
10
Apr.
* Apr.
9
Apr.
3
Apr.
11
Apr.
11

31* July
36
July
14* July
16
July
101* July
101* July
25* July
140
July
7* July
85* July
3* July
110
July
13
July
111
July
166
July
14
July

Sale

35*

July 25
3* July 17
3
2* July
84
July 19
20* July 18
69* July 18
32* July 22
105* July 26
4
July 24
74
July 13
* July 13

30* July
Sale
35
July
Sale
12* July
16* 15* July
103
100
July
101* 100* July
Sale
18* July
135
135* July
7
6* July
94* 85* July
Sale
2* July
Sale
106* July
Sale
11* July
113
109* July
169
162
July
Sale
10* July

rP if*
Sale

6

44

jl5* July
4
July
20* July

31

12*

22
27

10* July
3 *
July
17
July

15

35

July
July

19* July

3
19

Highest
Sale Prices

Sale Prices

66

30*

31

33
32*
11* Sale
15*
16*

31

3

c

97

14*

34* Sale

*
10*

99

1*

42

17

Sate Prices

5* July
1*
* July
Sale
14* July
15
11
July
Sale
30* July
Sale
23* July
Sale
13 5* July
Sale
* July
25* 24* July
141
137
July

66

11*

Highest

Sale Prices

6* Sale

32

Sale

30

Sale
Sale

42

Sale

A*

72

4

31*

Sale

W
Sale

Sale

11$

12*

Sale

Sale

3*

11*
30*
23* Sale
14*
13* Sale
25*
19*.
25* 25*
24*
139
137
133

20

1734

30
105

Sale
Sale

45

3* Sale
2*
2*
83
75*
18* Sale
66* Sale

Sale

30

Sale

30*

Guantanamo

6% preferred-----

Sale

3

80

c

Sale

56

55

Lowest.

Lowest

Ask

38

Sale

45

*

$5 preferred
Gotham Silk Hosiery

540
6% preferred
100
19,400 Hat Corp class A
1
1.819
6 * % preferred with warr 100
69,700 Hayes Body Corp
2
25
10,800 Hazel-Atlas Glass Co,
306,700 Hecker Products Corp
1
3,000 Helme (G W)
....
25
7 % preferred
1,220
100
*
26,300 Hercules Motors

29

May

32
8

Jan.

15
99

96
17

*

130

A"

Apr.
Apr.
Apr.
May
Apr.
Apr.
Feb.
Jan.

2

Apr.
Apr.
8* Apr.
109* July
93

159

Jan.

10

Apr.

8
10
10
8

27

23

7* Jan.
1* Jan.
16* July

29

Jan.

5

20

3
27

34* July 18
24* May 31

8

16* J an.

5

8

31* Jan.

4

10
28
14 141*
50
24
26
35*
11

8

Mar. 11

July 27
Apr.
4
July 18

9
21* Mar.
12* June 13

1

1* Jan.

9

8

18* Feb.
5* Jan.

6
4

Jan.

4

10

8
2
5

11

19
12

22

32* May
36
July
14* July
17* Mar.
103* Mar.

9
21
25
10
28

19 103
32
10

Mar. 17

20 144

May 29
July 18

7*
3
86
19
10
4*
11 110
10

Jan.

4

June 27

Jan.

5

July 29
13* May 29

27 117

Mar. 24

21 167
17
10

Jan.

5

86

Jan.

3

June

5

»•>

Sale

*

62,600 Hercules Powder

4,260
6% preferred
100
6,500 Hershey Chocolate
7,000
$4 conv preferred
2,300 Hinde & Dauch Paper Co—10

620

3,300
2,400

1

910
6% preferred100
1,310 Hanna (M A) Co $5 pref——*
45,900 Harbison Walker Rerrac
*

600

70

preferred

conv

Sale

Ask Bid

Bid

Sale

60

(Adolf)

5,400 Hackensack Water
Preferred A
1,040
91,400 Hall Printing
3,100 Hamilton Watch

600
200

6,100

Glidden Co (The).—

4*%

13*

*
*
50

—

$6 preferred

Gobel

Bid

Preferred
100
20 Green Bay & Western RR-100
Green (HL) Co
1

118,600
878,900
46,600
11,700
1,210
3,100
11,000

^

Ask

Par

Gimbel Brothers

Goebel Brewing Co
700 Gold & Stock Teleg

20

63,700
3,900
98,200
3,000
2,400

July 31

July 1

272,500
11,830
82,100
4,800
118,500
51,100

1

1939

Shares

34,500
2,700
9,700

SINCE JAN.

Jan. 3

Jan. 1

Shares

RANGE

PRICES IN JULY

Price

STOCKS
N. Y. STOCK EXCHANGE

Since

In

134

132

56*
105
20

.

10

111*

5
*
100

210

Sale

98

69,700 Holland Furnace (Del)
1,430
$5 conv preferred
25,000 Hollander (A) & Son
25,400 Holly Sugar Corp

VA
Sale
o

7% preferred
108,600 Homestake Mining
12.50
10,900 Houdaille-Hersbey class A—*
Class B
*
166,700

130

63* 62
60*
112*
109* 110
16
15
17*
39
35
37*
110
108
107*
9
7
7*
10*
11*
10*
95
95*
63*
62* Sale
35
34
35*
12*
10*
10*

Sale
33*
Sale

5
76
68* July
Sale
130
July 28 133
64
63 * July 141 64*
114
115
110
July
17
17
July
18*
Sale
35
41*
July
109
108*
107* July
Sale
7
9*
July
10
10*
10*
July
96
95
July
Sale
64*
62* July
36
35*
34* July
Sale
13*
10* July

63

Apr.
128* Apr.

July
July
July
July
July
July
July
July
July
July
July
July
July

8

10 135*
Jan. 28
64*
Apr. 27 115
19
14* Apr. 17
51
1
31* May
105* Mar. 18 110
June 29
11*
7

Mar.

6

54

July

18

104

July

17

Jan.

7

15*
July 10
95
May 10 104*
Mar. 31
66*
§8* Apr. 8 36*
27
8* Apr. 10 17*
10

Jan.
Jan.

4

6

Mar.

9

Jan.

4

Jan.

12

May 11
Mar.

9

J an.

3

Household Finance—

3,100
600

15,800
7,300
1,700
400

16,200
10,800
33,000
49,500
4,100
560
L260
300

34,900
2,700

'"9", 166
44,400
8,200
32,700
9,300
310

900

39,200
2,600

1,400
3,100

33,200
2,600
46,700
2,500
2,400
95,400
500

66,200
52,200
1,100

1,380
3,600
2,500
1,500
500

75,900
12,200
7,600
110

1,300
2,300
80

2,300
25,500
80

1,800
2,100
10

1,900
800

500

"5,266
6,800
5,800
60

13,200
7,300
131,200
69,800
15,200
3,300
162,900
112,700
211,800

*

Common stock

Sale

104

Sale

8

Sale

5% preferred

100

Hudson & Manhattan

5% preferred
100
Hud Bay Min & Sm Co Ltd 100
Hudson Motor Car
*

1

Hupp Motor Car Corp

100
414,400 Illinois Central
15,400
6% preferred series A
100
Leased line 4 %
5,390
100
RR sec stock ctfs ser A-1000
5,060
8,100 Indian Refining
10
129,800 Industrial Rayon Corp
*
21,700 Ingersol-Rand
850
6% preferred
60,700 Inland Steel
250,500 Inspiration Cons
44,400
114,000
40,100
4,260
16,300

70*

100

Houston Oil of Texas v t c__25
Howe
Sound
Co
5

Insurancshares

50* Sale
1* Sale
4*
5*
34* Sale
8* Sale
2

20*

aa
10*

24$

* 119
100 148
*

Copper—20

Ctfs

Inc

tlnterboro Rap Trans

1

100
*
100

Interchemical

Corp
6% preferred
Intercontinental Rubber

Sale

1

Sale
Sale
Sale

11*
Sale
Sale

96

Sale

92* Sale

Sale

3*
8*

Sale

765,100 International Nickel of Canada*

55*

Sale

2,900
512,900
331,200
36,420
17,370
12,200
27,200
20,600
3.820
765,800
145,000
68,100
1,370
10,300
11,500
670

100

Preferred

International Paper & Power 15

5% conv preferred
100
Internatl Rys of Cent Amer..*
5% preferred
100
*

International Salt

*
-—50

International Shoe

International Silver

100

7% preferred
International Tele

&

Tel

*

Foreign share certificates— *
Interstate Department Stores *
Preferred10

Intertype Corp
Island Creek Coal.

$6 preferred

.

*
-1
1

*
15,000 Jewel Tea Inc
*
119,100 Johns-Man ville
Preferred
100
1,200
11,800 Jones & Laugh Steel pref. .100
17,600 Kalamazoo Stove & Furn Co 10
440 Kansas City Lt 1st pref ser B_*
*
34,900 Kansas City Southern
8,300
4% preferred
100
9,100 Kaufmann Department Stores 1
800
5% conv preferred
— 100
5
19,800 Kayser (J) & Co
140 Keith-Albee Orpheum pref. 100
Kelsey Hayes Wheel—
Convertible class A
1
44,400
Conv class B
1
69.400
700 Kendall Co 86 part pref ser A_*
.

For footnoes see page 40.




132

134*
14* Sale
51* Sale
3*

39

30*
32

4^

30*
Sale

25* Sale
84* Sale

9*

.

Sale

130

63*
18*

Sale

11

99

14*

Sale
Sale

12*
105
Sale

87

95

13

Sale

8

Sale

91

Sale

12*
5*

Sale

10

5

5*
24

5*
5*
25
Sale

t*

Sale

1*
17*
173

53*
162*
4*
2*
6*

45*
134

7*
28*

2*
1*
18*

93*

4

32*

7*
122

2*
9*
1*

20*

175
Sale

187

Sale

2*
7
Sale
137
Sale
Sale

IP
90
Sale
Sale

9*
87
8
Sale

50*
134

9*
35*

79
Sale

40

44

18
.---

16

8p

77

31*
33
94

6*
6*
10*
84

8*
20*

123* 124

67

9*

Sale

14

24*
43
7

6*
28*
109*

9*

rrW
79

26

102*
2*
2*

Sale

1*
22*
Sale

8

1*
19

173

84*
13*
5*
6*
33*
106*
3*

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

10*
2

23

187*
59*
164

6*
3

7*

Sale

51*
136*
10*
37*

45* July
136* 135* Juiy
Sale
7* July
Sale
28* July
Sale
4* July
Sale
55
July
32
30
July
34
32* July
Sale
21 * July
97
90
July
Sale
5* July
Sale
6
July
Sale
9* July
85
100
July
Sale
8
July
Sale
19
July
Sale
123* July

5

58

33*
34

26*
95

7*
7*
11*
85
9

21
124

July 25
July 25
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

25
25

13
24
29

16*

Sale

9* Apr.
16* Apr.
38* Apr.
5
Apr.
4* Apr.
16* Apr.
86
Apr.
147* May
67
Apr.
9* Apr.
4* Apr.
3* July

157*

3*
2*
5*
28
22
24
25
13
18
17
21
25
24
25

27
22
14

18
19

ill*
26

July
July
July
July
July
120
July
July
July
10* July

1V*
18

July

3

^

|p
29

12

Mar.

Jan.

9

20
9

Jan.

10

Jan.

5

8

2* Jan.

3

10

§8*

Jan.

4

Jan.

3

49

Mar. 13

11
1

8

10
11
10

10

11* Jan.

8

8
8
26

6

16

Jan.

3

8

94*
17*
5*
9*
33*
106*

11

Jan.

11

Apr. 11
Apr. 11
23

Jan.

9

Jan.

June

9

Jan.

4

Jan.

5

July

13

Mar.

1

July
July

29
24

4* Jan.

4

15*
3*
8
27*
Apr.
Apr. 11 195*
Apr. 11
66*
8 164
Apr.
8*
Apr. 10
8
Apr.
4*
Apr. 11
8*
Apr.

4

Jan.

29* Jan.

3 119
11 152

55*
138
14*
51*
6*
60 «

Jan.

4

Jan.

4

Jan.

4

Mar. 13
Mar.

July

9
18

Jan.

5

Jan.

12

Jan.

5

Jan.

3

May

2

Jan.

3

Jan.

3

May 29
June

3

12

Feb.

10

May 19
Apr. 10

35* Jan.

21

31*

Mar.

Jan.

4

96

Mar. 24

5* Apr.

11

84

June 30

h
11*
120

9

9* Jan. 19
9* Feb. 28

Apr.

10

14*

Jan.

3

Jan.

9

87

June

9

June

6

10*

Jan.

Apr.

4

21

June 20

5

Jan,

27 125

Mar.

14
85
8 105
3 133

July

18

Jan.

3

June

9

64

Jan.

4

8

10
27

188

11

Apr. 11
8* Apr. 24

28

Feb.

4

12* Apr. 11
Apr. 25

July 28
7* July 28
85
July 31

7

Jan.

20
4

Jan.

12

9

Jan.
Jan.

11

85

9* July
6
July
79
July

55*
1*
5*
35*
8*

Jan.

6

68
Apr.
65* Apr.
122* Apr.
35
Apr.
13
Apr.
117* Jan.
5* Apr.

13

82*
129*
48*
19*

13

10

Jan.

97

14* July

73* July 31
8
21 110* June 22
6
8* Jan.
30

8
17* Apr.
8
Apr.
1
2* Apr.
7* Apr. 10
8
1* Apr.

155
48

95

10*
11*
6 * Sale
85
Sale

Apr.
Apr.
4* June
40
Apr.
1
July
3
Apr.
25* Apr.
4* July
1
/ Apr.

16

97

92*

61

103

90

85

85
79
July
84
Sale
67
July
77
128
July
129* Sale
42
July
45
47*
19*
17* July
18*
120
July
120
6* July
7* Sale
19
15* July
18
9* July
9* Sale

90

liv°

5*
3*

53*
54* Sale
164* 161 *
4*
6* Sale
2*
2*
2*
6*
7*
6*

25*

76

14
88

Sale

163

Sale

127* 130

119*
6*
15*

Sale

106* 108

4

53
31*
32*
21*

July 31
July 25
July 21
July
July
July
34
July
6
Ouly
1* July

154

17

120

11*
22*

102

69

19

73* Sale
105

6

Sale

Sale

82

10*
124

24

44
42*
7*
6*
6*
5*
27* Sale
109* Sale
80

5*
6*
9*

79

20* Sale
122

23

19*
40*

73*
110*
6*
48*
1*
4*

10* July
19
July
39* July
6
July
6
July
20* July
97
July

Sale

84

Sale

9* Sale
1434 Sale
76
9

Sale

102*

Sale

*
100

85,900 International Mercan Marine.*
38,000 Internation Mining Corp
1

13

10

14* Sale
2* Sale
25* Sale
--* 180
184*
*
60* Sale
247,600 International Harvester
13,400
159*
7% preferred
100 157
7* Sale
217,000 Internat Hydro-Elec Sys A-25
27,000 Internat Agricultural
Prior preferred
9,200
28,000 Int. Business Machines

1

Sale

70*

4*
734
c
28* Sale

*
*

381,300 Interlake Iron

Sale
66* July
110* 109
July
Sale
5* July
Sale
45
July
Sale
1
July
4*
3* July
Sale
30* July
Sale
4* July
Sale
1
July

Sale

152

Sale

16*

10*
18*
39*
5*

2P

Sale

93

63*
66* 73*
109
106* 109
5*
5*
5*
45
48*
42*
1 *
1
1
4*
3*
2*
Sale
34
30*
5*
4* Sale

4

Mar. 13

17

99* Jan.
18
July

28

Jan.

18

95

Apr. 10
Apr. 10

14* Mar.
10* Mar.

June 21

92

Jan.

8
8
11

36

N. Y. STOCK EXCHANGE-STOCKS

AGGREGATE
SALES

Price

STOCKS

July

Since
Jan. 1

Shares

120,60C
6,900
3,400
1,800
10

1,020
23,900
700

3,900
45,300

1,150
270

6,900
600

15,900
5,600
40

7,000
3.100
700

14,700
3,500
2,400
26,600
3,400
3,500
1,300
8,000
700
300

6,100
3,300
6,800
8,400
31,700
300

771,600
11,400
2,200
3,500
140

13,100
380

2,000
4,400
1,500
20

11,400
27,200
1,900
4,700
1,200
300

1,590
77,300
2,400
800

29,100
1,170
49,600
85,400
2,000
6,800

9,800
30

6,200
1.400
600
230

3,300
24,000
100

5,800
900

8,400
19,700
5,600
290

4,400
20

100

1,900

5,500
4,840
110

6,200
18,600
14,500
18,800
490

4,600
90

6,100
600

3,000
2,200
17,000
1,800
700

2,300
11,900
390
300

166,000
300

1,340
8.400
10,500
4,800

8,000
430
700

3,000
180

17.900
200

1,068,200
39,300
10,300
15,200
1,285
5,480
191,400
5,900
22,800
337,300

July 1
Par

Kennecott Copper.---—---*

Keystone Steel & Wire Co—*
Kimberly-Clark
-*
Kinney (G R)
1
8% preferred
*
$5 prior preferred
*
Kresge (S S) Co——
10
Kresge Department Stores
1
Kress (S H) & Co
*
Kroger Grocery & Baking-._*

100
100
*
*

Bid

Ask

43 Ji Sale
12
Sale
26 > 27%

1%
22%
14%
20%
4%
26%
21

2%
32%
Sale
Sale

5%
27
Sale

11% Sale
19

Sale

15% Sale
5
5%
30% Sale

---5
142,400 Lee Rubber & Tire
24
Sale
37,400 Lehigh Portland Cement—25
880
118
4% conv preferred100 112
67,200 Lehigh Valley
50
5% Sale
50,200 Lehigh Valley Coal
*
% Sale
15,400
2% Sale
6% conv preferred
-50
121,700 Lehman Corp. (The)
1
27% Sale
27,800 Lehn & Pink Products Corp--5
11% Sale
16,900 Lerner Stores Corp
31%
32
—*
153,700 Libbey-Owens-Ford Glass
*
53% Sale
34,300 Libby McNeill & Libby.
*
6% Sale
15,700 Life Savers Corp
36
Sale
5
12,900 Liggett & Myers Tob com—25 101% Sale
Series B_.
71,800
25 103% Sale
Preferred
100 170
Lily Tulip Cup Corp. 1
*
16%
Lima Locomotive Works——*
39%
Link Belt Co
*
45%
Lion Oil Refining Co
*
Liquid Carbonic Corp
*
18%
Loew's Inc
*
54
$6.50 preferred
105
Loft Inc
*
8%
Lone Star Cement Corp
*
60%
Long Bell Lumber A
*
4%
-

-25

Loose-Wiles Biscuit

—.100
10

5%* preferred
Loriilard (P) common

100

Preferred

Louisville Gas & Elec A—

100

Louisville & Nashville

51,500 Mathieson Alkali Works—-_*
1,000
7 % preferred
-100
58,500 May Department Stores
10
30,400 Maytag Co (The)
— *
10,800
$3 preferred with warr.
*
1,810
$6 1st preferred
*
37,300 McCall Corp
*
211,200 McCrory Stores
--1
3,300
6% conv preferred
-.100
57,600 McGraw Electric Co—---— 1
7,800 McGraw Hill Publ Go———*
97,800 Mclntyre Porcupine Mines---5
103,500 McKeesport Tin Plate---—10
1
63,900 McLellan Stores Co
—

930

1

40.

Sale
Sale

Sale

16% Sale
Sale

Sale
Sale
Sale
Sale
Sale
1%
7

26

30

Sale

8%

9
17%
15%
4%
5
32% Sale
21% Sale
13
15

113%
3%

1$
22
10%
28
44

5%

36%
104
104
16

29

130%
19%
31
13
28

Sale
Sale

37%

Sale
Sale
Sale
Sale

Sale

164

29

32

93

Sale
Sale

12%
10% Sale
92

20% Sale
9%
10%
53% Sale
9
82

30

16%
17%
24% Sale
4%
4%
25% 26%

Sale

Sale

49% Sale
5% Sale

18

2

25

5%
19%
11%
11%
1%
4%
3%
12
31%

Sale

35% Sale

95,900 Minn Moline Power Implem. -1
6%
3,300
$6.50 preferred
* 53
14,500 Mission Corp
*
14%
—--*
38,200 Mo-Kan-Texas
2%
124,100
7% preferred series A
100
9%
12,000 {Missouri Pacific
—-100
%
Convertible preferred----100
32,400
2
23,900 Mohawk Carpet Mills
—20
17
10 111
70,100 Monsanto Chemical Wks
2,840
$4.50 preferred-—* 115
Preferred series B
—*
3,060
1,114,300 Montgomery Ward & Co
* "51%
2,900 Morrell (J) & Co
*
35
--50
6,670 Morris & Essex
35%
*
64,300 Motor Products—...
18%
5
53,300 Motor Wheel
15%
1
44,300 Mueller Brass Co.
29%
61,200 Mullins Mfg Corp class B.—1
7%
5,530
$7 conv preferred
*
43
6,100 Munsingwear.,-*
11%
15,800 Murphy Co (G O)
—* 56%
1,570
5% preferred
-—-100 107%
123,400 Murray Corp of America.—10
8
4,400 Myers (F E) & Bros
*
50

sea page

Sale

58

-

—

Sale
Sale
109

106

89

10

23%

Sale
Sale
Sale
Sale
50

19% 20%
26% Sale

4%

5

28% Sale
28% Sale
9

15%
16

Sale
Sale
95

Sale
70

66%
Sale 1
Sale
27

18*
Sale
Sale

Sale

Sale
109

Sale
111

Sale
56

14%
Sale
Sale
Sale
Sale
Sale
Sale

2

4%
32%

Lowest

Highest

Sale Prices

Sale Prices

24

30% July
10% July
24% July
2

July
July
July
23% July
4% July
26% July
26
July
30
17

8% July
July
15% July
5
July
5
32
July
Sale
24% 21% July
116
July
116
3% July
4%
% July
%

18%

17

Sale

113%
116
3%
3%
%
2% Sale
1%
22
Sale
23% Sale
11%
12% 10%
11
29% 27%
29% 29
43
45
50% Sale
5
4%
5%
5%
37% 40% 41% 37%
106
106
108% 106%
109
Sale
106
105%
179% 177% 179% 175%

2*

Sale

17

18

33%
34% 31
128% 132% 130
22% Sale
19%
Sale
Sale
31% Sale
30%
14
14
14
14%
28
33
Sale
30
1
IK
1%
5%
5%
6%
6%
20
23% Sale
20
12% Sale
11%
Sale
12% Sale
Sale
11%
1%
1%
1%
1%
4% Sale
Sale
4%
4% Sale
4
3%
12
Sale
14% Sale
34
Sale
31
Sale
Sale

39%

J*

43

Sale
44

10%
1%

11
1%
4% Sale
%
%
% ' 1%
12
13%

2

Sale

Sale

Sale
Sale
100

14%
14%
104

Sale

8%
Sale
Sale

8%
100

Sale
62%
48%
60%
Sale
Sale

14%
32%
Sale
Sale

Sale
Sale
62
116

3% Sale
43% 46
10% Sale
1%
1%
5

,%
1

14

39

Sale

%

1%
14%

1%
4%
%
%
13
96

96
117

Sale
118

103% Sale
117% Sale

117%

121

120

119

Sale"

48% Sale

36%
36
Sale
Sale

32
26

34%

11%
13%
20%

11%
13%
21%

Sale
Sale
Sale
12%
58
109
Sale

52%

27

121

53% Sale
34% 37%
27
13
16

27%
13%
Sale

48%
34%
24%
11%
13%

22
23% 24
4% Sale
4%
36% 39
35%
11
12% Sale
68
69% 60
108% 109% 109% Sale
109%
4% Sale
5% Sale
4%
44
46
48% 50
47

A* Sale*
irA

1

12% July 28
30% July 22
2% July 20
30
July
6
20% July 29
26% July 31
5
July 24
29% July 24
28% July 18

6 10%
19
13
5
16%
12
5%
35
3
3
24%
11 116
6
4%
3
%

.

11
1
1
5
24
12
7
1
31
7
15
1
1
6
7
10
6
21
3
7
1
8
5
3
3
1
6
1
12

3% July
6
July 14
9% July 27

44

119

115%

17
6
3
3
19
6

37% July 25

July 13 34
July 21 130
July
1
23%
July 10 33%
15
July 17
35%
July
3
July
7
1%
6%
July 10
July 11
25%
July
6
14%
July
1
13%
1%
July
6
4%
July
1
4%
July
5
July
1
15%
36
July
1
2%
July
1
July
7 43%

23% July
July
49% July
4
July
28
July
99
July
13% July
12% July
104
July
19
July
6% July
53% July
8% July
8% July
95
July
7% July
56
July
46% July
57% July
3
July
14% July
13% July
28i
July
6% July
12% July
20% July
108% July
55% July
112% July
175

Sale

1
11
5

July 20
2%
25
July
1
July
3
12%
July
6 30
July
3
53%
5%
July 11
July
3
42%
July
8 108%
July
3 109%
July
3 180
16
17
July
1
22% July 11 30%
31% July
5 39%
14
12% July 15
17%
13% July
5
41
July 10 47%
109
July 19 109%
10% July
1
21%
47
July
5 55
2% July 10
2%
18% July
8 20%
108% July 12 109%
24
22% July
1
155
July 25 159
17% July 10
19%
42% July 10 52%

31

23% 24% 24%
171
>
175
Sale
52
49% Sale
4
4%
4%
27% 29% 28%
99
99
101
14
13
13%
14%
12% Sale
102% 108% 104
21%
18
19
7%
6%
7%
53% Sale *57%
12%
8% Sale
8%
8% Sale
93
96
Sale
6%
8%
8%
57
54%
58
40
49% 40
56% 57% 60
3%
3%
3%
17
14% Sale
13%
13%
14%
32%
26% 27
7
Sale
8%
13
12%
12%
29%
20% Sale
108
111
116%
55 % Sale
60%
112
112% 113
3%
40

Highest
Sale Prices

Sale

22
27% 28%
23%
39
31% Sale
39%
14
12% Sale
14%
16%
14% Sale
16%
46% Sale
40% 41%
108% 110
107%
20% Sale
10% Sale
51% Sale
44% 46
2%
2%
2%
2%
18
19% Sale
18%
110
107% 108% 109
23% Sale
22% Sale
157
155
157% 156
18% Sale
17%
17%
40
43% 49% Sale

99

163

10%
25%
2%

36%
12%
28%
2%

30% Sale

Lowest

Ask

Sale
Sale

21% Sale

6% conv preferred
100
40,900 Mead Corp
——
*
11%
710
$6 preferred series A—
* 67
1,100
$5.50 pref ser B with warr„ *
51
17,900 Melville Shoe Corp
—* 50%
43,700 Mengel Co
—
-1
6%
16,260
5% conv 1st preferred
50 26%
1,270 Merch & Min Transp Co---*
&
5
39,400 Mesta Machine Co
39
114,800 Miami Copper
-5 12
84,200 Mid-Continent Petroleum- -10
16%
51,100 Midland Steel Products—..—*
28%
3,890
8% 1st preferred
100 107%
38,200 Min-Honeywell Regulator Go_ *
85%
1,980
4 % conv preferred ser B—100 105




RANGE SINCE JAN.

Sale Prices

July 31

Ask Bid

175%

Sale

148%

Bid

175
18

19

8,200 MacAndrews & Forbes Co.-10
31%
320
6% preferred
* 123
*
114,400 Mack Truck Inc
28%
132,800 Macy (R H) Co Inc
* 41%
21,200 Madison Square Garden*
19%
22,700 Magma Copper
10 37%
24,800 Manti Sugar Co
-1
1%
*
5,700 Mandel Bros-6%
10,120 JManhat'n Ry Co 7% guar.100
13%
Modified 5% guaranteed 100
216,700
8
25
10,100 Manhattan Shirt12%
20,700 Maracaibo Oil Explor
1
1%
151,400 Marine Midland Corp.
5
5%
7,660 Market Street Ry prior pref 100
7
—-*
314,800 Marshall Field & Co
12%
1,032,400 Martin (Glenn L) Co
1
36
23,300 Martin Parry Corp
——*
5%
43.800 Masonite Corp
*
57%

~For footnotes

JULY

1939

6,390 Laclede Gas Light
2,680
5% preferred
55,800 Lambert Co (The)
5,100 Lane Bryant

4,100
4,100
48,800
20,400
13,700
50,600
215,600
3,700
2,751,700
94,700
34,100
22,700
1,870
161,000
5,470
33,300
45,700

PRICES IN

Jan. 3

N. Y. STOCK EXCHANGE

Shares

In

26

July 22
July 24
July 18
July 18
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

July
July
July

July
July
July
July
July
July
July
July
July
July
July
July
July

July
July
July
July
July

18
18
11
28
18

31
22
24
19
19
24
29
27
25
19
12
24
27
5
27
25
17
22
18
13
18
13
12
12
19
22

17
11
24
22
13
21
25

4% July

18
19
12
17
21

52%
4%
*28%
99%
14%
14%
105

21%
7%
59

13

9%
99
9
56

46%
61

4%
18%
14%
32%
9%

13%
30%
118
65

114

45

11%
1%
5%
%
1%

July
6
July
1
July
8
July 10
July 14 15%
July
1 105%
July 26 118%
July 11 121
55%
July
1
July 12 35%
July 10 28%
14%
July
3
July
5
16%
July
6 25
July
3
5%
July
7 40
12%
July 12
July 10 70
July
5 110
5%
July
1
July 12 48%

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

44% Jan.
13

Mar.

3

20

30%
2%
40%
20%
26%
5%

July
Mar.
Mar.
July
July

21
24
9
2931

Jan.

16

Apr.
8
8% Apr. 11
Apr.
8
1% Apr. 11

25

25

June 12

12% Apr. 10
Apr.
8
4% Apr.
6
24
Apr. 27
20% Apr. 11
20

7
Apr.
13% Apr.

8
11
27
3% Apr.
1
25
Jan. 26
14

Jan.

17

Apr.

%
1%
20%
9%

28% July 21
13%
23%
18%
5%
35%

23

36%
4%

34%
97%
99%
171%
16
21

31%
12%
13%
35

105
6

41%
2%
17

8

Jan.

May
3
Apr. 10
Mar. 31

5

29% July 24

25
24 118
3% Apr. 10
5%

113

%
3

27%

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
May
Apr.
Apr.
Apr.
July

Jan.
Jan.
Mar.
July
Mar.
Mar.
Mar.
Jan.
Jan.
Jan,
Jan.
Mar.
Mar.
Mar.
Jan.
July
July
July
May
Jan.
Jan.

20
20
9

18
10
8
16
4

3
4

5

10 12%
10
10 32%
13
10 56%
13
11
6%
3
6
42%
29
11 108%
27
11 109%
25'
10 180
26
17%
20
10
5
10 40%
Mar. 13
11 47
16
15
May 29
19
Jan.
June 29
5
Apr. 10 54% Jan.
4
Apr. 10 109% July 17
Mar. 31
21% July 22
62
Jan.
5
Apr. 11
July 10
4% Jan.
4
Apr. 10 22% Mar. 9

105

Jan.

6 110

June

19%
147%
15%
36%

Apr.
Jan.
Jan.
Apr.

8 24%
3 159%
4
20%
8 58

Feb. 26
June 23
Mar. 13

28
26
21 124
25
18%
18
30%
13
18
22
25%
1
22
5
28
9
19
5
19
10
24
1
25
29
4%
13
3%
24
9%
21
26%
2
25
25
34%

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

176

28

23
164

Apr. 25
Feb.

June
June
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
July

2 131

29
30
10
11
4
1
1
6
8
8
10
5

Jan.

Mar. 29

30% Jan.
4
43% Feb.
6
19% Jan.
3
38% Jan.
4
1 % Jan.
9
7 % Mar. 3
25% July 19

Apr. 10

July
July
Jan.
Jan.
Mar.
July
Feb.
Jan.
Jan.

Apr. 11

36

Jan.

Apr. 10
Mar. 17
May 12

Jan.

Jan.

3

July 26

14%
13%
1%
5%
8%
15%
39%
5%
57%

6 176

40% Apr.
8
4
Apr. 10
28
July 24
93

34

1

July
52% July
6% Mar.
36% Mar.

3 105

19

24
7
5
9

24
24

3
3
4

11
24
10
10

June 24

17% Jan. 20
14% June
9
Jan. 13 105
July 15
Apr. 28 22% Jan. 21
Apr. 10 10% Jan.
5
Apr. 11 59% Jan. 15
18% Jan.
3
Apr. 11
10
Mar. 10
Apr.
8
Jan. 13
99% Jan.
1

10% Apr. 11
9% Jan. 26

88
15
31
15%
27
6%
26
49%
27
8%
7
18
88
26
7
18
56
6
21
46%
46
25
3
18
18
14%
22 *13
25
24
6%
25
11%
25
18%
28
29 101
55
22
25 110

3%
40%
9%
1%
4

%
24
19
%
10%
26
84%
28
18 115
3 118
40%
22
33
29
24%
25
9%
18
10
17
16%
24
4%
25
30
18
9%
31
50
17
7 106%
4%
18
45
28

Mar. 10

June 29

12

July
6
July 21
Apr. 11
July
7
June 30

70% Jan.

5

58

6
9

28% Jan.

June

16

17

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

10 12%
10 16%
8 30%
11 118
85%
11

Jan.

16 114

Apr.
Apr.
July
June
Apr.
July
June
Apr.
Apr.
Mar.

Apr.
Apr.
Apr.
July
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
July
Mar.

8

8
8

27
30
10
8

Feb.
61% June
6% Jan.

3
9

Mar. 13

39% Jan.

4

Jan.
Jan.
July
July
Jan.
July

5
3
28

6% Jan.

3

54

29

4
25

Mar. 10

14% Jan.
2 % Jan.
9% Jan.

5
4
5

1
Jan.
3
2 % Jan.
5
17% Jan.
6
11
Jan.
3
10 111
22 121
May
5
10 122% May 24
55% July 22
11
Mar.
9
28 39
10 37% Mar. 13
Jan.
5
10 19
10 16% Mar. 11
Jan;
3
11 30
7% Jan.
3
10
8 44% Mar. 13
12 14% Mar. 6
July 17
8 70
May 29
14 111
9% Jan. i 5
1
51
Jan. j 5
31

28

Aug., 1939]

N. Y. STOCK

AGGREGATE
SALES

PRICES IN JULY

Price

STOCKS

Since

July 1
Par

Nash-Kelvinator Corp

5

8

Sale

14 %
14

Sale

National Biscuit

10

7% preferred

100

Nat Bond & Investment Go__*

92

National Bond & Share Corp.*
National Cash Register
National Cylinder Gas co. __1

25

*

National Dairy Prod Corp

preferred class a

:ioo

7% preferred class b

.100
*

National Dept Stores

10

6% preferred

National Distillers Products—*
Nat Enamel & Stamping
*
National

$4.50

1
*

Gypsum Co
preferred

conv

National Lead

10

7% preferred a
6% preferred b

100
100

Nat Mall & Steel Cast Co
National Power & Light

*

*
25
133,100 National Steel
141,400 National Supply Co of pa—10
$2 preferred
23,800
40
5%% prior preferred
100
4,700
140
6% prior preferred
100
*
36,900 National Tea Co
*
26,000 Natomas Co
1
14,300 Neisner Bros Inc
500
4%% conv serial pref—100
7,300
erry Co (j j)
*
620
5% preferred series a
100
205,400 Newport Industries Inc
1
*
34,100 New York Air Brake
*
1,610,500 New York Central
102,600 n y Chicago & St Louis—100
214,900
6% preferred series a
100
117,700 n y City Omnibus Corp
*
100
5,730 New York Dock
5,410
5% preferred
100

N^vbe
"

950 New York & Harlem
50

1,460
77,700
.

__50

10% preferred

50
n y Lack & West Ry Co.. 100
jnynh & Hartford
100
Convertible preferred
100
jn y Ontario & Western.. 100
n y Shipbuilding pt stock
1
7% preferred
100
_.

41,900
5,600
117.400
3,160
24,100 Norfolk & Western
Preferred3,360

100
100

1,189,600 North American Co
Preferred 6% series
39,600
Preferred 5% % series
30,900
North American Aviation
1,038,400

10

50
1
50
100

12,300 North States Pow Co $5
1,430 Northwestern Telegraph

pref.l

111,700 Norwalk Tire & Rubber
Preferred
1,840

*

50
50

...

Ohio Oil Co (The)
Oliver Farm Equipment

*

Omnibus Corp
Preferred a

*

(The)

100

*

Otis Elevator

*

'

6% preferred

100

225,700 Otis Steel
$5.50 conv 1st preferred
6,000
7,400 Outboard Marine & Mfg
550 Outlet Co
Preferred
30

13% Sale
115%
110
Sale
7% Sale

4%
5%
27% Sale
o

18
20%
16% Sale

27%
165

137% Sale
26% Sale
8% Sale
80

Sale

15%
19%
59%
54%
3%
10%

Sale

22

67
35
106

90,200 Park Utah Cons Mines
49,100 Parke Davis & Co

26,900 Parker Rust Proof Co
24,400 Parmelee Transportation

405,700
80,800
12,600
138,400
10,300
42,600
13,000
5,700
540

770,400
9,700
49,500

Pathe Film Corp

*

*
5

Sale

*

11%
92%
18%
16%
8%
14%

ft*

96*

AX

56%

90

85

36

38

110%
10%

Sale

4%
108
46

9

70%

33

Sale

106

8% Sale
26% Sale
130% 142
Sale
52%
22%
45%
Sale
Sale
Sale
Sale

77

Sale

2

Sale

Sale

37%

42

52

Sale

2%

AX

152

7%
Sale
Sale

105

1

Sale

100
10

Sale
Sale

1

28

1

Sale

*

Sale

18%
8%
3

16

1%

Sale

Sale

m

Sale

&*
88%

2

28%
14%

Sale

9
Sale

20
Sale

42

16

Sale
Sale

20

12% Sale
4%
6%
%
%
43%
47%
100% 105
8% Sale
93
91%
9
9%

Sale

2.50

Co.*
*

1*
21

16%
1%
Sale

8
54

88%
1%
Sale
25

74%

Sale

Sale

29

33%

35

34%

Sale

7%
108%

5

43

Sale

40

3%
12%
5%
11%
32%

1%

3%

2% July
Sale
12% July
Sale
4
July
Sale
11
July
Sale
30
July
Sale
50
45% July
10
July
12% Sale
Sale
126
125
July
155
156% 155
July
19
18
18% July
9
8%
8% July
3
3% Sale
July
12% July
13% Sale
5
5%
5% July
% July
% Sale
48
45
36
July

24

22
18
28
24

3% July 17
10% July 26
28% July 22

9%
92%
10%
16

1%
41%
18%
1%
12%

57*
9i*
3%
24

36

38%

2%
10

if*

Sale

97
11
Sale

42%
Sale
Sale

Sale
Sale

160

10%
90%
17%
16%
x8 %
12%

Apr.
Apr.
Apr,
Apr.
Jan.
Apr.
Apr.
May
Apr.
June
July
Jan.

10

26
25

30
7

13

.V*
25%
13%
Sale

38%
Sale

3
Sale
Sale

17

19%

21

17

20

9% Sale
7% Sale
43% Sale

7%
6%
32%
43%

18%
7%
7%
39%

13%

20

7%
Sale
Sale

44%

48

Sale

85

89

91

2%
3%
Sale

2%
3%

41%
16%
1%
8%
7%
54

27

%

1 %

88%
1%

25

2

July

16%
17%
28%
36%
2%

July
July
July
July
July
July
113% July

135

1
3

o

IX

22

July
July

1

16% July
7 108% July
10

July

1

21% July
14 148% July
1
July
11
42% July
15
14

23% July
45% July
68

24
17
18
27
24
29
26
25
25
31
18

July
4% July

25
5

4% July
15% July
7
July
11% July
33% July
50% July
12% July
30
July
56% July
19% July
9% July
3% July
15% July
5% July
% July
48% July

20
21
22
28
22
28
27
20
29
18
20
18
25
26
3
18

10% July
96% July
11% July

25
25
25

3

23

12%

July
July
July
July
July
July
July
July
July
July
July
July

1%
42%
18%
1%
13%
8%

July
July
July
July

Jiily
July
July
94
July
2% July
4
July
26
July
14
July

16% July
36% July
34% July

19% July
39% July
38% July

2%
8%
23%
18%

2%
13%
28%
22%
19%

17

7%
6%

32%
43%
85

Sale

2

Sale

3%
%

Sale

168

Jan.

106

18%
54%
53%
12%

Apr.
Apr.
Apr.
May
Apr.

82

Jan.

7

July
July
July
July
July
July
July
July
July
July
July
July
July

8

8

41%
48

86%
2%
3%

July
July
July
July
July
July
July
July
July
July
July
July
July

11
11
25
18
27
13
28
18
13
25
24
25
22
18
27

10
4

4

6>i Feb. 17
4
283^ Jan.
183A Jan. 10
16% Jan.
4

10
21 106

Mar. 10

3

May
July
Mar.
Apr.
May
June
Apr.

8%

Jan.

8

12

July

70

Mar. 27

11

13

27% Jan.

14% Apr.
6% Apr.
July
6% Apr.
10
Apr.
33% July
43% May
2% Apr.
9% May
18% Apr.
73% Mar.
32
Apr.
107
May
8% Apr.
27
Apr.
12% Apr.
10% Apr.
18% Apr.
30
Apr.
1 % May
4% July

%
2%
%

17

14 172% July
Mar. 25 145
Feb.

52

47

Jan.

Mar. 7
1
May
Mar. 9
Jan.
5
Jan.
Mar. 3
18
July 24
5
117% Jan.
15%
95%
23 %
i
26%
12%

30

Jan.

109

18
8
18
18
20
20
20
5
27
3
31
28
31
27
31
28
27
27

Jan. 20
Jan.
4
Mar. 15
Jan.
3
Mar. 11

20 114

Apr.
Jan.
Apr.
Apr.
Apr.
86
Apr.
17% June
165

9%
25%
15%
14%
28%

24 175

2

4%
4%
23%
11%
9%

11
8
1

4
6

9% Mar.

8
8

20

7
25
11

6

27% Jan.
81% Jan.
15% Jan.
Jan.

59% Jan.
50% Apr.

5
3
3
3
4

4% Jan.
11% Feb.
June

7

85

June

6

42

47%
22%
23%

July 27
June 22
Jan.
4
Jan.
5
Jan.
4
Jan.
4

8

38

Jan.

8

43% Feb. 25

20
1

3% Feb. 28

8

11
14

29

8

xX

23 112%
17%
28
8

10

9

Jan.

8

7

4

6

19 118%
16 120
62
8
27
1%
10
4%
1
23
16%
30
8
89%
25 195%

Mar.

12 113

June 14

11
17
8

11
3

June 30

102% Apr.

Mar.

Mar.

Jan.
Jan.
Jan.

Jan.
Mar.
Mar. 10

26% Feb. 27
59% June 13
56% July 31
19% Jan.
3
88% Mar. 27
14% Jan.
4
111% June 20

Feb.

4
24

June

12

2% Apr.
32% Apr.

10
1

5% July
44% July

27
27

6% Apr.
15% Apr.
12% Apr.

10
8
10

30

30

104

Jan.

5
Apr.
16% Apr.
135
May
7% Apr.
33
July
16% Apr.
40% Jan.
114% Jan.
50
Apr.
3% Apr.

23

1
11
26
10
11
10

8

11

Apr.
June
June
Apr.
Apr.
41
Apr.
9% Apr.
114
Apr.
146

15

70

5

Jan.

6

Mar.

3

May 25
Jan.

4

Jan.

3

July

26

Jan.

5

Jan.

4

June

9

July

18

Mar. 25

Jan.

7% Mar.

3
2

20

Jan.

7

5

July

16

12%
34%
50%
14%

22

Mar. 14

Mar. 10

July

28

Mar. 11
June

132

9

156% July
25% Jan.
11% Jan.

29

107% Jan.

4

135%

Jan.

26

Jan.

Jan.

5
5
3

7
5
3
4% Jan.
4
16% Jan.
6% Jan. 20
5
1% Jan.
4
60% Jan.
Feb. 14
104
4
14% Jan.

Apr.
8% July
3
Apr.
10% Apr.
June

% Apr.
41% Apr.
100
May
6% Apr.
80
Apr.
7% Apr.
June

2% Jan.

1% Apr.
36
Apr.
11% Apr.
1% June
5% Apr.
7% June
48
Apr.
74
Apr.
Apr.
3'
Apr.
19
Apr.
12
Apr.
120% June
15% Apr.
24

10% Jan.
20%
113%
8%
27%
148%

4% July

17

5

33

55%
24%
24
45%
26 116%

2%
11%
3%
9%
27%

17

Sale

16

3

8% July
90% July
9% July

Sale

22

Sale

42

27
13

20

34

7%
7

42
July
112% July
13% July

81

Sale

8%

1

8
July
50% July
3
July
% July
1
July
2% July
July 18
% July
3
July
13% July
July 12
82% July
5 192
July
July
July 27 113
July
3
July
25
July
July 15 58% July
3
July
56% July
1
July
17% July
87
July 31
July
1
July
10% July
1 110% July
July
8
July
32% July
3
July
5% July
July 14 44% July

3%

Sale

75
3

87

30

16%

Sale

181

34
Sale

12%
12%
13%
122
121%
18%
16% Sale"

Sale

4%

Sale

37%
30%

71
1%
3%
%

%
2%
%
9%

2f*

iim

Sale

42

47

Sale

130
156

Sale

7
18

July
July
July
July
July
July
July
July
July
July
July

6% Sale
6% July
19
19%
20%
July
14
15%
15%
July
103% 107% 103% 108% 106% July
5%
5% July
Sale
Sale
18
July
144
141
131
146% 143
July
Sale
8
10% Sale
7% July
35
39
31
33
38%
July
24
22%
23% Sale
22% July
45% 43
47% 42
July
42%
116
114%
Sale
66
59% Sale
59% July
4
4
3 % July
4%
4%
14

123

Sale

July

6% Sale
19%
18%

11

Sale

87

4

10

Sale

18

5%
14%
9%
7%
23%

119

11% Sale
80
80%
189

4%

114% 109

Sale

9%
110%
33%

121%

3

11%
19%
32%

Sale

Sale

3tf

Sale

Sale

Sale

39

Sale

%

Sale

Sale




87

Sale

13%
120%
24%
25%

13

2%

7%
108%
29%

*

40

185

11
12%
4%
3%
10%
11%
30% Sale
45% Sale

6%
13

zb aA

35

Sale

111
113
111
112% U5
20% Sale
23% Sale
20%
58
57
58%
58% '56%
55% Sale
56% Sale
54%
16% Sale
14% Sale
14%

Sale

*

Sale

c

7§*

110%
9%

175

Sale

..10

Sale

38

Sale

17%

100

3% July
9% July
24

110

4% Sale
32%
35%

14%
51%
21%
40%

42
113

%

Sale

14% Sale
102% 102%

105

40%
111%
12%
40%
15%
15%
27%
.34%
2%
5%
111%
115
50%

%

*

see page

"54""
Sale

Penney (j c) Co

...

Sale

113%

%

*

7% preferred
50
1,600
69,300 Philadelphia & Reading c & i.*

33%
2%

115

1

pref series a
*
Penn Glass Sand Corp vtc..*
$7 conv preferred
*
Pennsylvania rr Co:
50
People's Drug Stores Inc
*
People's Gas Light & Coke. 100

Sale"
35

123

Sale

31

95

115

Sale

9%

3%

10%

85

2

19%

27

3

28

Sale

82

5

conv

3%
10%

Sale

57%

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

21

45

27

*

$7

34

Sale

Patino Mines & Ent Cons
Penick & Ford
Penn Coal & Coke
Penn-Dixie Cement

44

1x%

Sale

14

F

Sale

193
108
23

July

18

Jan.

19%
32%

89%

July 20 115
July 15 111%
7
July
6%
8
July
5%
July 28 26%
13 %
July 17

25
22

109

Sale

82

112

o

3

%
16%

Sale

July
July

July
July
July

111% 113
110% Sale 109%
11
5%
5%
5%
22
6%
5%
5%
5%
25
5%
5,X
Sale
Sale
24%
18
23%
12
10%
29
13% 11%
Sale
1
9% Sale
25
9% July
14%
95
88
99
95
99
22
July 13
18% Sale
1
22% Sale
22
18% July
23%
172
170
170
3 172%
12
172% 170
July
147
144
143
143% Sale
5
July 28 145
July
1)7
19 * Sale
16
July 10
20% July 18
Sale
Sale
1
7% July
9% July 25
Sale
66
Sale
1
52
July
68% July 25
Sale
8
Sale
7
1
7
July
9% July 24
10
10%
6
10
12% Sale
July
13% July 24
Sale
33% 36% 37
7
33 % July
39
July 18

Sale

1

18

11%

Feb.

Sale

4

Sale

Ill

Sale

Sale

7%

115

13%

35

110
110
55

11

115

ib

22%
36%

Highest
Sale Prices

31

11

Sale

Lowest
Sale Prices

8*

111

24

73%
36%

Highest
Sale Prices

1
5% July
7%
21
July 17
5
10% July
12%
Sale
Sale
1
8% July
11%
Sale
1
26% Sale
25% July
28%
170
170
169% 175
3 175
July
12% 14% Sale
3
12% July
14%
97
94
97
94
July 14
95%
19
21
21% 18% July 14 22
Sale
16% 19
3
21
16% July
9
Sale
x8 % July
7
11%
Sale
Sale
1
18
14% July

20

11

36

75

100

100
2,500 Peoria & Eastern
100
10,500 Pere Marquette
Prior preferred
..moo
10,810
Preferred
100
9,565
*
3,800 Pet Milk
5
40,400 Petroleum Corp
*
23,800 Pfeiffer Brewing Co
...25
421,400 Phelps Dodge
50
16,700 Philadelphia Co pref 6%$6 preferred
..*
2,400
50
2,660 JPhila Rapid Transit Co

For footnotes

Sale

22

..10
5,990 Pacific Coast..
1st preferred*
2,260
2d preferred
4,070
*
8,100 Pacific Finance Corp (Calif).10
25
189,100 Pacific Gas & Electric
61,400 Pacific Lighting Corp
*
Pacific Mills
*
25,400
100
2,990 Pacific Telep & Teleg
1,700
6% preferred
100
5,100 Pacific Tin Corp (sp stk)
*
10
29,800 Pacific Western Oil
629,200 Packard Motor Car
106,000 Pan American Airways Corp. .5

816,900 Paramount Pictures
1st preferred
14,800
2d preferred
68,900
3,700 Park & Tilford..

Sale

16% Sale
46% Sale

114,000 Owens-Illinois Glass Co.. 12.50
5
73,800 Pacific Amer Fisheries Inc

2,800 Pan Amer Pet & Trans
90,900 Panhandle Prod & Ref
9,500 Parafl'ine Cos Inc
660
4% conv preferred

Sale

168

28

v t c

Oppenheim Collins & Co

1,900

24
Sale

50

1,110 Northern Central
551,300 Northern Pacific

313,300
91,000
159,900
1,930
13,200
118,000

,

Lowest
Sale Prices

Ask

6% Sale

20

25%

100

22%

Sale

168

15%

15%

100

w w

Sale

25 % Sale
169
170

July 31

Ask Bid

Bid

5%
16%
10%
8%

Sale

24

14,900

195,100
5,600
378,100
5,300
227,400
3,510
4,720
52,500
413,000

Ask

Bid

Nashville Chatt & St Louis.100
National Acme
1
National Aviation Corp
5

7%

1

1939

Jan. 1
Shares

5% pref series a

RANGE SINCE JAN.

Jan. 3

N. Y. STOCK EXCHANGE

376,200
6,290
82,600
92,300
338,300
6,500
14,500
1,700
9,000
128,000
28,500
585,900
2,130
4,780
37,900

37

EXCHANGE—STOCKS

43% June 13
19

Jan.

3

2%
13%
11%
57%

Feb.

25

July

27

Mar.

1

July

28

July
2% July
5% Jan.

18

94

33

Mar.

16% Mar.
124

Feb.

2

6
8
9

Mar. 15

24% Jan.
39% July
40% Feb.

30% Apr.

13

Jan.

May
7% Apr.
21
Apr.
15
Apr.

34

17

20% June

4

18

6

24
7

17*

Jan.

May 19
Apr. 10
28% Apr. 11
8
36
Apr.

Jan.

41

Mar. 10
Mar. 10

9

Mar.

10

8% Mar.
44% Jan.
48
July
86% July
July

14

10

5

1% Apr.

8

Feb.

27

31
24
31
Mar. 27

% July

29

% June 12

75
3

Jan.

7

N. T. STOCK

38

EXCHANGE—STOCK S

AGGREGATE
SALES

PRICES IN JULY

Price

STOCKS

In

July

aoo

190

234,300
1,700
1,050
16,900
13,400

400
60

500

1,600
120

400

40

480

12,800
6,300
460

670
460

6,930
2,900

5,100

6,900
5,300

2,300
600
.

251,700 Pressed Steel Car
5,300

500

1,410

29,400
3,700
1,100

5%
5%

7,300

10,100
6,500
4,090

570

300

5,100
41,010
900

90,800

"A, 600
21,600

3,000
6,000
1,700
6,000
900
900

700

2,000
291,700
357,600
4,400
29,800
254,410
3,900
1,084,700

common

1st preferred
conv 2d preferred

conv

400

500

16,000
900

30

29,100
182,300
1,300
3,800
11.600

1,100
330
10

16,700
200

10,800
18,700

2

42 k

6k

8

26

24

Sale

34

36k

15k

Sale

H

k

22 k
8

Sale

16k
lk

Sale

9k

28

29 k
48

2k

13 k
4k

17 k
65

Sale

1

14

43

14 k
Sale

56

Sale

118

Sale

14

32 k
104

Sale
Sale

5k

21,900
100

1,000
2,900

100
19,300
4,500
2,600
60

54,500
800
610
210

3,200
14,600
2,400

9,500
2,100

3,800

18

50

22

27

Sale

lk
Sale

8k

8k
lk

Sale

7k

Sale

117
37

112k
125

130

135

100

150

152

140 k
164 k

*

Pullman Co

*

Pure Oil

*

Preferred

100

372,400 Richfield Oil Corp..
*
5,300 Ritter Dental Mfg
*
11,100 tRoan Antelope Cop Mines
20,600 Ruberoid Co capital stock
*
2,100 tRutland RR preferred
100
110,000 St Joseph Lead
:
10
18,400 £St Louis-San Francisco
100
26,300
6% preferred
100
780 jSt Louis Southwestern
100
30
5% preferred
100
421,100 Safeway Stores
*
4,730
5% preferred
100
6% preferred..
100
10,190
4,520
7% preferred
100
13,800 Savage Arms Corp..
*
149,300 Schenley Distillers Corp
5
16,700
5k% preferred.
100
151,500 JSchulte Retail Stores..
1
42,600
8% preferred
100
25,500 Scott Paper
*
1,210
$4-50 conv preferred
*

21,800
5,600
300

9,500
300

7,400
50

15,700
2,200
5,200
23,600

81,300 tSeaboard Air Line
11,500
4-2% preferred

69,200 Seaboard Oil Co of Del
4,100 Seagrave Corp (The)..
399,600 Sears, Roebuck & Co
202,100 Servel Inc
35,500 Sharon Steel Corp
$5 conv preferred
2,600
89,000 Sharp & Dohme
Conv preferred series A
.6,400
63,300 Shattuck (Frank G)
2,150 Sheaffer (W A) Pen Co
III.700 Shell Union Oil
14,000

8,100
79,700
18,200
1,500
2,200

55,300
168,200
13,700
10,300
58,700
3,400
2,690
4,500
20,200
9,000
79,800
779,600
131,100
1,500
53,700

600

1,770

T,706
7,000
300
130
380

2,200
1,200

For footnotes,




Conv preferred
Silver King Coalition
Simmons Co
Simms Petroleum
Simonds Saw & Steel Co

Skelly Oil Co
6% preferred

*
100
*

*
*
1

*
*

114k 120
38k Sale
Ilk Sale
Sale

8?^

81k
13 k

Sale

71

Sale

16

12

30

1

19k
9k

Sale
Sale

n
k

1

10k

k

Sale

Sale

61k

Sale

117k 118

Sale

Sale

Sale

40

113k Sale
126 k 126k 129k
Sale

Sale
Sale

143
163 k Sale

142

13

Sale

85 k
72 k
Sale
12 k

Sale

Ilk
5k

78 k 100
60
58 k

Sale

lk
18k

67

2k
20
17

Sale

23 k

Sale

if'4

18k

Sale

11

Sale

Sale

i5o%

Sale

4k

Sale

41

7k
9k
10k
16k
74 k
67

19

7k
13k
Ilk

8k
14k

Sale

23

17

18

3k
49

8

k
k
6k
7k
18

50k
112

69

63

1

Sale

19k

Sale

38

.40

Sale

44 k

72

49 k
45
Sale

43

10k
19k

88

58

55

37 k

Sale
80

7k

23 k
65
43 k
Sale

Sale

79
5k

81

10k
44 k

Sale

38k

Sale

57 k

Sale

53

9k

Sale
11
Sale

12 k

19k

lk

46 k

Sale

k
lk

Sale

3

Sale

k

9

3k
29k
81k

Sale

96

Sale

82 k

32 k

1*

lk
17k
56 k
56 k
12k
25 k

129

148

55

11

7 k
7

8

21k
lk
Sale

14 k

2k
6
3 k
39 k Sale
106 k Sale
111k 113
111k 113

13

Sale

54 k
Sale

Sale

Sale

Ilk
71k

Sale

13

Sale

Sale

75 k

Sale

Sale
48 k

113k

61

7

2k
Sale

3k
Sale

Sale
Sale
75

Sale

105

50

Sale

Sale

6k Sale
32 k Sale
3 k Sale
21k Sale
28 k Sale
96 k
94 k
Sale

18k
16 k
14 k
13k
2 k

103
Sale
Sale

18 k
132k

lk
17 k

*k

k
lk
Sale
3

■

20

14k
11k

12k

14

Sale

12

56 k
Sale

53

59 k
Sale

56 k
3 k

46
Sale

44

5 k

45 k

8k
37*

37
36k
10k Sale
104k 105 k 103
6

20 k

2k

Sale
21

5k
225 k

3

2k

17

18

18k

19k

2ilH

95 k
94 k
100
90

94 k
94

102

13k
10

105
Sale

11

Sale

Ilk
1 k

Sale

108
14 k
11

19k
Ilk
2k
18k

8k
36 k

37 k
Sale

10 k
103 k 103 k
6
5k
Sale

20 k

2k
21k
Sale

12

3,

96
111

July 27
July 22
July 17
July 19
July
6

Ilk
20 H
Sale

.

46 k July

July

3 112k July
19 113
July
1
16 k July
1
1
3

8
10
29

13 k July
75 k July
July
6k July
52 k July
116k July

3
k July
July
lk July
July 12
July 10 19k July
2 k July
July 24
3
80 k July
July
1
July
July
July
July 12
July 17 58 k July
1
5k July
July
7
46
July
July
9k July
July 27
July
July 15 37
3
Ilk July
July
July 28 105 k July
6 k July
July 28
3
27 k July
July

It*

July
18k July

18

6
29
15
5

July

5

13 k July
10 k July

6

18 k July

5

105

Sale

Sale

1

11 108

94 k July
90
July

95

Ilk
lk
Sale
17 k
Sale
17
17k "18 k
16k
140 k Sale
138k 138k 137 k

lk

3

18

3

k
lk
17 k
2 k
74 k
14 k

lk Sale
19
18k
2k
78k Sale
15k Sale

9

25

IVA

July

51

Sale

Sale

Sale

46

5

1

Sale

3k

5
6

38

Sale

43 k
8k

1

10
5

74 k

18 k

-----

6*

5 k
52 k Sale
50 k
114
113
113k 116

Sale

Sale

Sale

49 k

Sale

2k
21k
2k
73 k
17k
19k

k

5^

11

27

39 k July
106k July
111k July
112
July
13
July
Ilk July
71 k July
k July
5 k July
49k July
113 k July

111k

Sale

k
7k

18

July

1

106 k 108

Sale

17
1

10
1

10

July
July
July
July
July

1

1

5

27
31

28
25
17
6
26
22
31
6
21
31
11

14
8

31
28

26

28 140 k July

10

lk Apr.

8

16 k Apr.

4

6k June 29
12k June 28
8
10k Apr.
21

July

16
3

3
6

24

5
5

40 k

July

28
29

4

3
90 k Mar. 29

81k Jan.
18k July

3

17

Mar. 11
4
8k Jan.
85 k June
13

67 k Jan.
2k Jan.
22 k Jan.
Jan.
17

23 k Jan.
18k Jan.

Mar. 20

26

4

Jan.

12

Jan.

5

10 k June 30
65
July 11
60
Apr. 11

k July
12k Apr.

19

13k July
9 k Jan.

Wti
?I*

5

Mar. 15

Mar. 15

8

lk Jan.

5

10

25 k Jan.
70
Jan.

4

Jan.

5

Mar.

K

Apr.
9k Apr.
21k July
64 k July
37 k July
7 k June
78k Jan.
5k Apr.
35k Apr.
52
July
6k Apr.
6 k May
13 k Mar.
18k Apr.
k Apr.
27 k Apr.
k June
1
Apr.
lk May
3 k May
27k Apr.
82k Jan.

11

71

li

18

5
k Jan.
40 k Jan.
5
77 k Mar. 15

11

54

43
42

96

Jan.

104k Jan.
10k Apr.
Ilk June
67
Apr.
k Apr.
3k Apr.
45
Apr.

11

30
4

Jan.

18

14k Jan.
85

4
Mar. 13

10

Ilk J an.

11

45

Jan.

58

Jan.

11

5

10k Jan.

2

Jan.

31

16k Jan.

11
8

34

11

46 k Jan.
k Jan.

27
4

3
6

11
4
3

11
11

Jan.

lk Jan.

2

Jan.

3

3
3k Jan.
4
Apr. 28
46 k July 28
108
July 25
112k July 17
7
116 k June
18 k Jan.

3

30

17k Mar.

14

75k July

31

Jan.

20

10
10
8

1

9

10 k Jan. 25
52k July 31
May 29

4 117k

113

Jan.

Apr.
Apr.
Apr.

25

Jan.

1

8

2k Jan.

8

Jan.

June

27

Apr. 10
Apr. 11
Apr.

5

20

25

6

18

5

Jan.

8

11

6

17

Jan.

54

1

June

13

6

Jan.

18

Apr.

26

Jan.

25 k Jan.
21k Mar. 13
5k Feb. 11

6

8

25

3

11

10

43

25

25
18
10
17
29
17
18
18
17
25
18
18k July 18

21k July
21
July
95
July
99
July
110k July
15 k July
Ilk July
21k July
12
July
2k July
18k July

10
1

53 k Apr.

14

18

4

31 117k Jan.
11
39 k Jan.
I
Ilk Jan.

28

24

29

Jan.

16k
2k
k
14 k
14 k

4 126 k

16k
lk
60 k
Ilk
10k
54 k
3k

25

22 k Jan.
9 k July

10 113 k June

21

22
31

5

10

July
7
Apr. 25 142 k July 17
8 166
June 29
Apr.

Apr.
Apr.

6

17

47 k
113

11

2 k July

k

68

Sale

11

11

1

Sale

Jan.

7

lk July 29
19k July 25
60
July 25
58 k July 25
13 k July 24
27 k July 18
70
July 24
37 k «uly 11
July 28
July 22
8k July 28
40 k July 17
53
July 25
8k July 18
8
July 18
15k July 21
24
July 25

31k July
k July

1

13

8

June

27

6k
9

65

14 k July
20
July

3k

16k

July

7 k July
8
July

8

Sale

14

2

Mar. 15 119 k Feb.

18
28
24
26
17

14

27

26

70

1

52

15k
22 k

Sale

11

Jan.

43

Jan.

43 k Jan.
62
July

July
Apr.
July
Apr.

7

10

10k
21k
64 k
37 k
7 k

50
Sale

18k

28

5k Apr.

18
19
22
19
18
22
25
26
28
28

11

July
July
July
July
July
81
July
5 k July
38k July

k

Sale

113

5

44 k July
44
July

28

i«
2

3

1

Sale

3 k
45 k

7k
10 k
12k

8

21k
k
36 k

k
lk
3k

13 k

k July

59 k
Sale

46

3

13 k July

Sale

8

18

3k

14

Sale

86

83
39 k
52 k

7k
14 k

9 k

70

66

40k

6k

7 k
7 k

26

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

5

42

5

23

July
6k July

J an.

3

31k Apr.
Apr.

115

5

14

15k Jan.

12

19

11

Sale

105 k

100

100

7k
6

Sale

100 k

South Amer Gold <fc Plat
1
Southeastern Greyhound L...5
South Porto Rico Sugar

Sale

72

13 k

31

5

24 k Jan.
36k Jan.

18 k July

6

10

66

9k

5 174 k July
9k Jan.

67

11

12 k

7

10
6

69

7

12

5

June 28

Apr.
Apr.
Apr.
Apr.
Apr.
July
May
Apr.
Apr.
Apr.
Apr.

103

81 k July
71 k July

2?21k
9k
16 k
13 k
23 k

July
July
July
July
July
July
July
July
July
July
July
July

14

69

Sale

25
100

15k
13k
24 k
19k

12k
7k
Ilk

11

5

18 k July
7 k July

Sale

Safe

?!f

8k
7 k

11

27

5
Apr. 11
7k Apr. 10
22
4
Apr.
12 k May 22

k
17k
6k

9

Jan.

Mar. 31

7

14

29

June

4

4

18

3

Jan.

8
6

2k Apr.
Apr.

50

1
4

27

20 k Jan.
Jan.

12

July
Apr.
6k July
80
July
68k July
10k Jan.

5

59

28 k
15

*

60 k July
1 k July

66

*

*

3k
44 k

1

10
1

69k

Sale

10

12

31
28

k July

5

20 k

20

35 k Mar. 27

85 k June

Ilk

78

11

*

Ilk

Sale
6
78 k 100
65 k Sale
Sale
2

10 k
65

47 k

100
5

Sale

Sale

Sale

Sale

1

Sale

17 k

10k
12k Sale

68

9

69

J*
23

114

9k
10k

Sale

16k
33k

Sale

Sale

12

Sale

77

Sale

80

15

31 116 k July
1
30 k July
1
7 k July

July
24 k "Uly
6 k July
80
July
68k July
16
July
Ilk July

40

lk

51k

3

lk

27 k
7

29

Jan.

114

3

36

166

51k
10k
10k

24 k
68

74

21k
15k

Sale

Sale

114

Prices

19 103 k Mar.
Mar.
19 154
Jan.
7
6
35
July
20
10 43 k Jan.
3k Mar.
6
Jan.
3
45k Mar.
8k Jan.
Apr. 11
Apr. 18 29 k July

Apr.

"8

1
1

k
8k

Highest
Sale

82k May
May
2 k July
25
Apr.
31k Apr.
2 k July

126

50

n*

Sale

10

38
rA

18*

Sale

8k
k

1
July 24
10 1
July
6
July
11 3
July
37
1
July
6
2k July
5 44
July
7
15
July
7
IV* July
10 50
July
8
July
12 16k July
21
July
21
July

7 174 k July
171k Ju y
7
5
July
July
5
7 k July
July
23 k July 11
July
5
13
July
July
28
21
July 21
July
7 k July 24
9k July
lk July
k July 10
7
19
20 k July
July
3
8
9k July
July
1
July
8k July
July
k July 17
July
k July 15
1
7 k July
9k July
9
8 k July 14
July
24
July 11 28 k July
1
62
58
July
July
8 118k July
117
July
40 k July
3
36 k July
112
July 14 113k July
125
July 20 126 k July
140
July 10 142 k July
July
163k July 31 166

Sale
Sale

27

100
Sale

_._*

40.

2k
16k July
5k July
62
July

3

15k
5k
66 k

24 k

8

Corp
10
Smith & Corona Typewr
*
Snider Packing
*
Socony Vacuum Oil Co Inc. .15

see page

26 k
50

50

23

80

*

Smith (AO^

8% preferred

6k

7k
Sale

Sale

lk
k

116k 118
24 k Sale

86

*
*

Sloss-Sheffield Steel & Iron. 100

$6 preferred

2k
42 k

Juiy
July
July
July
July
July
July
July
July
July

Gas

$5 preferred

2,550
7% preferred
100
470
5k% preferred
100
53,100 Reynolds Metals Co...
*
4,100
5k % conv preferred-..-100
59,300 Reynolds Spring Co.
218,700 Reynolds (R J) Tob cl B
10
Common
450
10

400

32 k

2k

8

21 k
58

114k 115k

211,800 tReo Motor Car..
5
1,255,200 Republic Steel Corp
*
4,100
6% conv preferred
100
13,800
6% conv prior pf ser A.. 100
83,100 Revere Copper & Brass.
5
Class A
3,200
10

68,200

J*

17 k

16

18k
8k
k
im

100

3,570 Reis (Robt) & Co 1st pref.. 100
5,500 Reliable Stores Corp
*
2,800 Reliance Mfg Co
10
141,000 Remington-Rand
1
Preferred w w
25
4,100
1,090 Rensselaer & Sara RR Co. .100

4,700
1,300
4,100

4k
64

13

•

150

14

174 k
170k
5k
5k Sale
7
9k
7k
28
24 k
24

o

5
50

6k

2k

60

8

4k
39 k

Sale

3

41

4k

Sale

50

37

Lowest
Sale Prices

135

35k
2k

2 k

169
Sale

Highest
Sale Prices

87 k July

Sale

139

43 k

2k

45 k

J*
67

k

43
Sale

44 k

100

6% preferred
7% preferred
8% preferred

140

Sale

Sale

6% preferred
5% conv preferred
100
Purity Bakeries.
Quaker State Oil Rfg Corp..10
Radio Corp of America
*
100
$5 preferred B
;
*
50,500
$3 50 conv 1st pref
.__*
169,000 tRadio-Keith-Orpheum Corp.*
13,300 Raybestos-Manhattan
*
37,200 Rayonier Inc
1
II,100
$2 preferred
25
36,500 Reading Co
...50
1st preferred
7,300
50
2d preferred
8,900
50
8,500 Real Silk Hosiery
5

50

1,970

32 k

*

Public Service Elec &

38,600
34,700

m

134,700 Procter & Gamble
*
Preferred 5%
13,470
100
231,400 Pub Serv Corp of N J com... *
20,700
$5 preferred
*

1,000

600

166

t Porto Rican Amer Tob cl A_*
Class B

Sale

90

133
33

V*
Sale

7k

*
*
100
100
100
100
*

3k
31

o

60

100

Sale

136

2§*

A*

Lowest

Ask

Ask Bid

50

25

20

5
5,400 Pond Creek Pocahontas Co__*
91,800 Poor & Co class B._
*

2,400
11,200

Sale

Sale

5

_

Pitts Ft Wayne & Chicago
660
7% guaranteed pref
107,900 Pittsburgh Screw & Bolt
21,100 Pittsburgh Steel Co
1,750
7% preferred class B
3,570
5% preferred class A
1.630
5k % 1st ser conv pr pf._
20,050 Pittsb & West Virginia
70.700 Pittston Co (The)
49,600 Plymouth Oil.......

110

130

24 k
40

100

Pillsbury Flour Mills
25
Pirelli Oo of Italy Am shares.
Pittsburgh Coal (of Pa)
100
6 % preferred.
100
Pitts Coke & Iron Corp
*
$5 conv preferred
*

10,700
6,200
3,400

100

pref

88

Sale

36
7k

100

Preferred
Pierce Oil 8% conv

Sale

30k
43 k
2 H

*
.5

Phillips Petroleum.
Phoenix Hosiery

950

600

1,100
25,200

94 k

100

Preferred

Ask

142 k
6

166,900 Philip Morris & Co
.10
5% conv pref series A... .100
6,300
9,500 Phillips Jones Corp

1,800
U0
21,400

21,200

Bid

Par

Bid

Sale Prices

July 31

July 1

Shares

10,700

SINCE JAN.

1939

Jan. 1

Shares

RANGE

Jan. 3

N. Y. STOCK EXCHANGE

Since

11

May 22
8
May

2§n

5
5
5

Jan.

6

80 k July
18 k Jan.
21k Jan.

18
10

5

Jan.
69
7 k Jan.
50 k Feb.

11
5

Feb.

24

U8*

16

5 38
10k June 29 15k
1 107
101
May
7
4k Apr. 11

June 22

Feb.

5
3

Jan.

3

10 32 k
3k
2k Apr. 10
16k Apr. 11 21k
18 k July 29
29k
95 k
8
92
Apr.
70
Apr. 11 101k
Jan.
18 llok
101
19 k
Ilk Apr. 11
17k
10k June 13
8
21k
12k Apr.
10 k Apr. 11
13k
6
3
lk Apr.
17k Juiy 27 18k
20 k
14
Apr. II
127
Apr. 17 141

Jan.

4

28

Jan.

17 k Apr.

Jan.

Junelj24
Jan.ji 3
Jan.

5
19
Junef'26
Jan.

July
Jan.

29
5

Mar. 11

July

18

Jan.

4

Jan.

10

July

18

May
Feb.

1
4

Aug., 1939]

N. Y. STOCK

AOOREOATE
SALES

PRICES IN

Price

STOCKS

130,200 Southern California Edison. .25
100
882,000 Southern Pacific Co
729,700 Southern Railway
*
399,900
5% preferred
100
900
Mobile & Ohio certifs
89,100 Sparks Withington
;
6,300 Spear & Co
6,800 Spencer Kellogg & Sons

100

*
1
*
Sperry Corp (The) v t c
1
Spicer Mfg Co
*
$3 conv preferred A
*
Spiegel Co Inc
2
Convertible $4.50 preferred *
Square D Co class B
1

*
607,600 Standard Brands
18,600
$4.50 preferred
*
89,400 Standard Gas & Electric....*
185,500
$4 preferred
*
17,600
$6 prior preferred
*
7 prior preferred
114,600
*

*
25

10
1,800 Standard Oil of Kansas
501,300 Standard Oil of New Jersey.25

11,800
58,400
139,300
38,400

Starrett Co

*
10
5
1

(The LS)
Sterling Products Inc
Stewart

Warner Corp—

Stokely Bros & Co Inc

694,600 Stone & Webster
521,500 Studebaker Corp
21,300
3,040
252,100
37,400
150,200
30,200
16,500
2,700

*

Sale
Sale

*

6% preferred
Sunshine Mining Co
Superheater Co (The)
Superior Oil
Superior Steel.
Sutherland Paper Co
Sweets Co of Amer

21

Sale

16

47

Sale

2034

4734

Sale

Sale
Sale

Sale
Sale

18

23,200 Telautograph Corp
74,100 Tennessee Corp

467,300
129,700
122,700
77,200
82,500

Texas

Sale

2234
7834
7

Sale

Sale

30

Sale

*
100

25

Sale

Sale
Sale

48

4434

Sale

534 Sale
3234 Sale
9 34 Sale
834 Sale
2134 Sale
1934 Sale
58
5834
4

Sale

3734
4

40
Sale

1534
2

18
Sale

—2

6>4

Transc & West Air Inc
5
Tran & Williams Steel Forg..*
Tri-Continental Corp
*

1034

Sale
Sale
Sale
Sale
Sale
9434
Sale
Sale
Sale
Sale

10

Sale

334
87

Tim ken-Detroit Axle Co

10

334
2834
334
1534
13 k
9334
1834

Timken Roller Bear

-*

5434

...

Preferred
Tide Water Associated Oil.. 10

preferred

Transamerica Corp

192,800 20th Century Fox Film Corp.*
$1.50 preferred
19,200
*
12,300 Twin City Rapid Transit. — *
Preferred
100
3,320
1
118,300 Twin Coach Co

2634
3434
334

Sale
9734
Sale
1334
Sale
3534
334

28

Sale

1034

Sale

*

434

Fisher—*

*

6534
1134

Sale
Sale
Sale

*

90

Sale

*

3,900
6% preferred
25,400 Truax Traer Coal
7,000 Truscon Steel Co

21,700
27,300
196,500
358.400

*
10

Ulen & Co
Underwood

Elliott

Union Bag & Paper
Union Carbide & Carbon

810 Union Elec Co of Mo $5 pref. _ *
99,100 Union Oil, California
25
100
107,500 Union Pacific

28,700
34,100
833,100
477,500
24,900

4% preferred

1

Union Tank Car

*

United Aircraft Corp

Preferred

320

1834

88

115
65

*
*
*

5
-10

910
7% preferred
18,800 U S Hoffman Mach
534% conv preferred
1,600
62,300 U S Industrial Alchol
22,400 U S Leather....
Class A

44,400

Prior preferred
1,000
117,400 U S Pipe & Foundry
600 U S Playing Card
U S Realty & Impt
230,300

b

100

*
20
.100
5

50
*

*
*

100
20
10
*

S Rubber
10
2,446,700
8% 1st preferred
100
208,400
36,200 U S Smelt Ref & Mining—50
Preferred
50
12,400

page

40.




Sale
Sale
Sale
23
Sale

1334
1634

*

45,300 U S & Foreign Secur Corp—*
$6 1st preferred
*
3,700
*
5,100 U S Distributing Corp—
Preferred.
4,820
21,240 U S Freight
77,900 U S Gypsum Co

22*

100

15,400 United Dyewood
Preferred
100
1,090
5
65,100 United Electric Coal Cos
5
12,800 United Eng & Foundry
*
130,800 United Fruit
*
494,000 United Gas Impt Co
Preferred
*
7,700
118,300 United Merch & Mfrs Inc vtc.l
10
24,900 United Paperboard Co

see

12

5

United Air Lines Transport..5
United Biscuit of American—*

31,100 United Carbon
7,900 United-Carr Fastener Corp
766,300 United Corp
Preferred
198,500
201,100 United Drug Inc

For footnotes

43i

Sale
Sale
119
Sale

17

o334

1734
Sale

34

Sale

534
834
6634
634

Sale

3234

Sale

n
112

Sale

Sale
a

Sale

Sale

40

434
5
534
534
3534 Sale
3h
4
2634 Sale
734
7 34
7
634
14
1234
19
1734
59
6054
334
434
3234 Sale
234
3 34
134
334
2134
134

1934
134
334
Sale
Sale

9

12

10

Sale

89

1134
3 7 34
,534
834
534
234
7434

93

Sale
3 8 34

Sale
Sale
5 34

Sale

7634
3
334
634
8k
1834 Sale

30

Sale

2

234

22

2534

Sale
Sale

Sale

2334
534
1034
6034
4734

Sale

35
Sale

Sale

July
2034-July
634
10534
234
534

July
July
July
July
14
July
1634 July

2554 July
2434 July

8

46

7

July
July

3

2754 July
2554 July
July
45
July
2934 July
7954 July
9
July
454 July
1354 July
934 July
52
July
12834 July
1154 July
2634 July
254 July
17
July
2634 July
8
July
1854 July
2734 July

534 July
434 July
5
July
42
July

7
5
7
11

654 July
554 July
6
July
4334 July

3

24

July

7

78
7

July
July
July
July
July
July
July
July

26

July
July
July
July
July

6

Sale

434

Sale

JX

o

W

43

Sale

434
534
3634

434
534
Sale

4

Sale

29

Sale

754

it*

734
634
15k

1834

20

60
4

32

6034
434
3334
Sale

334
2234 Sale
2
lj
331
334
2434
2534
134 Sale
1034
1134
1134

Sale

434
534
3534
354
2634
754
654

2134
3434
1034
1734

87
22
Sale
Sale
Sale

117
55

15

234
3434
534
434
5534
354
2734
7534

1234

6

74

1

1

1
1

27
3
3
3
1
3
29
3

14

18

154
334
21

134
9

11

9034

46

Sale

554
1054

Sale

3734
554
834

Sale

3
81

11

6

Sale
87

334 Sale
834
10
2034 Sale
2934
30
334 Sale

234
7634
334
834
18

2954
2

25

89

2234
3754
1234
1834
114

~57~
16
Sale
Sale

Sale
5
60

354
2934
Sale
Sale
115

834
434
Sale
80

6034
1734
3

3834
534
534
6234
354

Sale

Sale
Sale
Sale

48

July

11
3

July
11634 July
16 34 July

Sale

9234
8534
Sale
2034
Sale
3434
Sale
1034
1734
1834
118
11354
5834
6434
16
1834
Sale
234
Sale
3434
Sale

Sale

efK

5

434
56

354
2834
7434
8154 Sale
1254
1334 Sale
114
11534 11434
31

12

454

Sale
Sale

Sale
5

734 Sale
82

86

8
4
6

76

July
July
July
July
July
July
July
July

1

29
1
3

3
20
1

1
1

15

July

5

3

July
July

8

3
3

11
3

3
5
1

6
5

5

34
554
634
82

Sale
«

6y

Sale

534
29

1434
334
634
43

Sale

3834
134

Sale

6634

103
48
66

"Ik
31

15k
Sale
Sale

5034

"3934
Sale
Sale
Sale

5034
6834

6
7

5t
734
734

54 July
554 July
634 July

1

98

6

18
4

4

4
3354 Jan.
40
July 17
3 54 Jan.
>5
9
834 Feb.
2134 Jan. *3
4734 Feb. 18
2654 July 25

50

Jan.

June 22

1634
7534
3034
7 34

Mar. 9
Mar.
8
Mar. 10
Jan.
3

108

June 17

234 Apr.
454 Apr.
10
Apr.
1354 Apr.

18

2534 June
2334 Apr.

3034 Mar. 14

46

5054
5334
3354
7954
1254
634
1754
934

Jan.

5

July

28

66

Jan.

4

29
17
25
13
26
24
27
28
1
18
6
24
25
25
17

534 Jan.

2934 Jan.
Mar.

Apr.

403s June
2034 Apr.
65
Apr.
7
Apr.
354 Apr.
854 Apr.
53-s Apr.
46
Apr.
12034 Jan.
Apr.

12834
1154
3834
334
22 34
3034
1054
1934
2834

22

13

Apr.
2
Apr.
10
Apr.
2454 July
7
July
17
Apr.

25

2454 June

18
18
26
21

454 Apr.
4
Apr.

19

18

6

10

8
July
V
3534 Apr. 26
5

434 Jan. 26
4
Apr.
8
June 30
Apr. 10

18

3434
334
2634
734
654
1154
1654

Apr.
Apr.
Apr.
Apr.
Apr.

27

56

Jan.

11

334 Apr.
31
July
234 Apr.
14
Apr.
134 Jan.

18
22

24

24

21

17

31
31
17

634
634
4834
554
3254
1034

July

13

Jan.

5

Jan.

3

June

17

July

6

Jan.

3
6
4

Jan.
Jan.

Mar. 14
Jan. 13
Jan.

19
Mar. 27

Mar. 11
Jan.
3
Jan.
Jan.
Jan.
Jan.
Jan.

Mar. 16

27
9

Jan.

7

454 Jan.
22 34 July

10
31

40

3

Mar. 22

Apr. 10
/
July
Apr. 10
July 31
Apr. 11
Apr. 10
Apr. 11

13

11

31

87

18

1054

18

3434
534 May 10
10
634
OX4 Apr.
534 Apr. 10

25

3

6034 July
4 34 Feb.

3

7
24

Jan.

4
834 Jan.
4
734 Mar. 11
4334 July 21

9

17

134
734

9

3

2234 Jan.

24

28

5

Jan.

1054 Jan.

21

25

20

20

1054 Jan. 20
2034 Feb.
6
2434 Jan. 19

3 34
2834
354
1534
1434

Mar.

Jan.
Jan.
Jan.
Jan.

2

10
3
4
3

Mar. 10

96

Feb.

1854
5434
7H
1254
1034

Jan.
Jan.
Jan.
July
Jan.

9
3
3

10
24
4

4

Jan.

88

Jan.

11

31

Jan.
Jan.
Jan.
Jan.
Jan.

3

1654 Apr.
Apr.
154 Apr.

434
13 54
2634
3434
3 34

31

17 34 Apr.

11

30

Jan.

4

28

734 Apr.

11

1234 Jan.

4

18

2

Mar. 28

Jan.

4

July 24
934 July 24
8434 July 18
118
July 14
17
July 18
10134 July 18
90
July 27
6
2234 July
3934 July 24
July 25
1334
1854 July 18
117
July 12

44

Jan.

3

234 July

22

2

18

74

27

3

25
13
24

52

64

July

24

18
July 27
354 July 27
3934 July 28
634 July 28
6
July 24
62
July 29
3
4
July
31
July 31
8234 July 27
1354 July 29
116
July 25
1334 July 28
434 July 19

1

5

Mar. 22

154 July
454 Apr.
1434 Apr.
36
Apr.
11
Apr.
42
Apr.
934 Apr.
60
Apr.
1834 Apr.
6
Apr.

July
2154 Jan.

10

13

12

34

29

23 34 Jan.

Mar. 31

6

July
July
July
July
July
July
July
July
July
July
July
July

Jan. 24
Apr.
8
Apr. 11
Apr. 11

Apr.
Apr.
Apr.

7

734 July

2334
1034
1134
1534

17
25
26
26

12

July
634 July
July
434 July
3034 July
834 July
754 July
16
July
20
July
6034 July
354 July
34
July
434 July
2234 July
154 July
334 July
2634 July
23
July
1054 July
1234 July
9234 July
1554 July
4734 July
6
July
1254 July
8
July
334 July
81
July
334 July
934 July
2134 July
3034 July
334 July
28
July
113-s July

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

72

26
17
5

5

July

31
3

25
13

25
27

39

1754 July
5954 July
354 July

9234 Sale
1434 Sale

6

1

18
24
22
28
17
18
18
17
22

46

July
July
July
July
July
July
July

854

84

7

July
4054 July

234 July

70
Sale

5234 Sale
10134 Sale
61

66 34

3
Sale

176

734
3134

6234

10

July
July
July
July
July

'

173

534

1634
3954
2034
4734

Sale

Sale

4

111

July

254
5034
834
72
Sale
8234
11554 11634 11634
1634 Sale
1634
93
9134

Sale

89

July

1054

834

7

Sale

Sale

234 Sale
4634
734

114
8

34
634
1034

79

July
1554 July
1854 July
2754 July
40
July
23-8 July
734 July
1734 July
4554 July
2654 July
50
July
1334 July
7534 July
29
July
7
July
107
July
3
July
8
July
18
July
2134 July

154 July
7

Sale

115
Sale

1034

40

29

7

July
July
July
July

28

734

85

28

Sale
Sale

834 Sale
434
1234 Sale

534
434
634
4334

5

16

2634
1134
1334
1934

„

434

434
634

Highest
Sale Prices

434
Sale
934
Sale
Sale
634
£7/*
50
Sale
Sale
4954
125
Sale
12734 12634
Sale
1034 Sale
954
24
2434
2534 *2234
2
Sale
234 Sale
12
12
16
1534
26
2434
2454
2534
7
834
734
834
Sale
1754 Sale
1734
Sale
27
Sale
2434

5

Sale
9

100

25
*

Sale

734
734
4234

1

10

Sale

1134
2534
734
1734

10

*

conv

634
52

2034

*

Thompson Products

$4.50

10

2

1234

Lowest
Sale Prices

c

Sale

preferred

Thompson Starrett

Sale

12734
934
2234

1034
1834
2734

"4134

434 Sale

Sale

Sale

2634 Sale
2534 Sale
4934

2334
7934

Sale

Sale

734
65

20

47
Sale

"4134

Sale

17

1734 Sale

1634

5034

Sale

234 Sale
734 Sale

2534 Sale
2434 Sale

Sale

Sale

13

1134
1534

Sale

lH

26K Sale
4934
1254 Sale
7234 Sale
2834 Sale
634 Sale
106

107
234 Sale
534 Sale

Sale

5
25

1,790
7% preferred
54,700 Thermoid Co
3,210
$3 dividend conv pref
20,700 Third Avenue
7,400 Thompson (J R)

2134
2054
634 Sale

Sale

6.200 The Fair Co

86,100
50,700
9,500
213,500
12,700
106,500
74,700
197,800
197,400
17,600
148,500

Sale

68

1134

Texas Gulf Producing Co

conv

Sale

5

Corp (The)

$3.60

23

2834
2834
4234
5334
3334
7134
1234
634

Sale

3834
334

Texas Gulf Sulphur
*
Texas Pacific Coal & Oil
10
Texas Pacific Land Trust ctfs.l
100
9,300 Texas & Pacific
6.400 Thatcher Manufacturing
*

2,100

1834

i

Sale

104

Sale

Highest
Sale Prices

Sale

634

4934

10
65

Sale

42

2

7

Sale

16

4534

*

25
104,700 Swift & Co
50,800 Swift International Ltd
Symington-Gould Corp with
stock purchase warrants—1
86,900
Without warrants
1
57,000
9,200 Talcott (James) Inc
9
1,210
534 % preferred
50

36

3934 Sale

1534
45

1534
7034
2934
734

Sale

1734

10

(The)—50

26

3934
134

134
634

834

100 12034 12134

1
100
10

Sale

34

41

2834 Sale
1434 Sale
1734 Sale

Sale

Lowest

Ask

Sale

Sale

38
334
734

1

Sun Oil

Sale

2634
1134
13 34
1934

2434 Sale
21 54 Sale

2254
33 34

—

322,700 Standard Oil of California
313,700 Standard Oil Co. of Ind

Ask Bid

Ask 1 Bid

Bid

Par

Sale Prices

July 31

July 1

Jan. 1

102,600
3,890
630,300
15,180
42,900

1

1939

Shares

777,300

RANGE SINCE JAN.

JULY

Jan. 3

N. Y. STOCK EXCHANGE

Since

39

EXCHANGE—STOCKS

834
8434
54
734
734
9634

82
1
July
9134 Sale
17454 July 20 176
17454 Sale
8
534 July
734
634
734
31
5
July
3534
3234
3534
1434 July 10 1834
1734 Sale
6
4
334 July
434
434
6
5
July
834
734 Sale
44
53 34
5034 July 13 5034
37
7
36
July
3754
Sale
7
44
3954 July
Sale
1
2
154 July
Sale
1
45
3854 July
4834
1 11234
110
July
11134 103
48
6
55
July
5334 Sale
66
69
Sale
66
July 31

lly°

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

18
26
27
28
18
17
10
24
24
20
25
25
13
7
25
20
22
18
24
21

6
28

654
6534
11334
1634
8134
78

5*

11
8

June 30

Apr.
Apr.

Jh

5
9
4

4
5
5

4

Jan.

4

July

14

1954 Jan.
Mar.

13

90

July

28

5

2354 Jan.

4

27

11

5
42 54 Feb. 25
1334 Mar. 4

24

1854 July

11

18

13 11934 June 16
8
6534 Mar. 10
11
20
Mar. 13

10
10

6
354 Feb.
3934 Mar. 14

26
11

11

11
8
8

»

Mar. 10
Jan.
5
Feb.

11

654 Jan.
3334 Jan.
8234 July
13 54 July

27
29

4
12

6 11734 June 23
8
13 34 July 28
734 Jan.
5

11

Mar. 31

11

June 29

8734 Mar. 8
1
May 20
754 June 12
3
1034 Jan.

May 15
Mar. 31

Apr. 10
Apr. 10 113
3 180
Apr.
4
8
Apr.
734
23
Apr. 10 3534
1334 Apr. 11
2554
6
334 July
534
6
Apr. 11
1054
46
Apr. 25 6154
35
Apr. 10 49
37
7
July
3734
1
134 June
634
3134 Apr. 11
5254
8654 Apr. 11 11214
48
6
July
6534

71
170

60

Jan.

11 104

Mar. 31

July
334 Apr.
2554 Apr.
62H Apr.
Apr.
11154 Jan.
654 Apr.
4
Apr.

75Vt

10

Apr. 27 66
Apr. 10
1234
8
Apr.
9034
May 17 118

2034 Mar.
33
Apr.
734 Apr.
1534 Feb.
11234 Mar.
52
Apr.
1354 Apr.
2
Apr.
3034 Apr.
454 Jan.

«8*

3

Jan.

23 *70

Jan.

Jan.

Mar.

July
July

4

4

9

24
24

Mar.

9

Jan.

3

Jan.

4

Feb.

2

Mar. 13

July

7

Mar. 10
Jan.

July
Jan.

June

3

18
5

27

10

N. Y. STOCK EXCHANGE-STOCKS

AGGREGATE
SALES

In

N. Y.

July

Shares

298,000
17,800
5,500
290

2,100
2,500
5,100
100

700

2,000

800

Preferred

540

25
1
*

730

100

*
1
*
100

100

Preferred

100 Vicks Shreve & Pac

4,100
4,900

48,900
50,900
36,720
2,640
1,200

3,300
480
200
80
800

630

1,600
780

10

50

20

1,100

1,400
2,800
1,900
83.800
1,200

6,300
400

5
*

Victor Chemical Works

Va Caro Chemical

6% preferred
100
Virginia Elec & Power 6% pret*
Virginia Iron, Coal & Coke 100
5% preferred
100
Virginia Ry Co preferred
100
Vulcan Detinning
100
7% preferred
100

7,810
8,960

1,840
1,730

warr

100

239,100
193,600
339,610
2,380
23,500
1,240
27,100
11,700

2,700
100

5,700
1,600

33%

34%
114%
Sale

"25% Sale"
Sale

4

28% Sale
115 '

Sale

2% Sale
7%
10
119

124
Sale

69

119%

9% Sale
18% Sale
85

Sale

Sale
Sale
Sale
Sale

*

35%

5

6%
39%
3%

(H) Gooder & W Ltd *
Preferred
*
Ward Baking Co class A
*
Class B

7% preferred..
Warner Bros Pictures
conv

preferred

*
*
*
1
*

tWarr en Bros
Convertible

preferred

$1 1st preferred

Sale
38
Sale
413^
Sale

10

14

3%
30
24

1

3234 Sale

Webster Eisenlohr

_*

Wells Fargo & Co
Wesson Oil & Snowdrift

Sale
Sale

Sale

.1

$4

conv

*

preferred

West Penn

60

22,800

Electric

*
Co

A

7% preferred
6% preferred

*

100

,---100

100

1,800

5,000
3,500
154,400
27,000
17,700
30,300

700

23,100
8,600
3,700
7,400
1,400
36,200
16,900
8,300
2,100

3,200
64,800
9,900

3%

1

28% Sale
78%
8034
10334 Sale
90
88%
Sale

91

12234 Sale
11534 Sale
26% Sale
3% Sale
6%
«

% Sale
1%

50

300
900
260

5,700
3,893
20,600
23,300
989,300
3,830
51,500
794,700

2,400
3,000
118,200
340

6,100
113,600
200

2,600

13,000
39,100
3,800

90,000
187,800
48,800




134
134
634
Sale

Westvaco Chlorine Prod

*

5% preferred

30

19

9%
134
32 34

434
45

2034
1034
134
34
Sale
48

234

234
9

Sale

25

Sale

1634

Sale
2334

2234

234 Sale
34
1634
66

VA

c

Sale

6 <334

Wright Aeronautical Corp
Wrigley (Wm) Jr
Yale & Towne Mfg Co

*
._*
25

Yellow Truck & Coach cl B.

1

7% preferred
100
Young Spring & Wire
*
Youngstown Sheet & Tube..
5%% preferred
100
Youngstown Steel Door.....*
Zenith Radio Corp
*
Zonite Products Corp

9234 106
10634 Sale

110

Sale

102

99

12134
11634
2834
234
334
34

Sale

1734

Sale

Sale
Sale

Sale
Sale

234

.34

g

131
15
1334
37 34

32

334
534
34
34
27

2234
10834
13534
1634

90

99

1734

1834

25

12

Sale
Sale

Sale

3

2% Sale
4%
434
4% Sale
Sale

107

24% "25""
60% Sale
22% Sale
68

5934

"75""

56

Sale

4

434

134
a

23

234
1%
234
334

.3534
11034
1534
4634
1234
4734
40

V/s

Sale

234
134
234
Sale

3734

"17"
Sale
13

"47"

96

100

81

Sale

Sale

Sale

82

3034 Sale
2034 Sale
Sale

2;

name

1
6

26

3
25
3
3
10
10

27
27

3
27
8

34 July 22
8
134 July
1
July 12
6
July 12
1
21
July
5
95
July
4 34 July
1
42 34 July
3
5
1934 July
10
July 10
134 July 18
7
32 34 July
1
434 July
7
45
July
5
234 July
834 July 14

% July
234 July
1
July
7 34 July
2334 July
9834 July
634 July
4534 July
2034 July
1134 July
134 July
35
July
534 July

25

11
25
19
26
18
25
20
21
22
31
24
26
12
27
8

y

46
9

69

1
6
5

234
134
334
334
3534

11
Sale

5
Sale

Sale
Sale
Sale
Sale

22

Sale

3734

1834
4934
1534
5334

114

"1934

17

Sale

46

90

12 34
4734

47

52

44

2634
3734

31

2334
3434
9734

100

8334

1534

42

108P

81

Ex-rights.

from Peerless Corp.

3
1
3

8
11
3

7
15
11
5

13
11
1

5
1
14
1

1

18
6

3
1

4

July
2334 July
2034 July
234 July
80

85

16

Apr.
25
Apr.
11034 Apr.
3434 Apr.
56
July
1834 Apr.
Apr.
Apr.
113
Apr.
134 Apr.
434 July
116
May
6434 Apr.

8

Mar.

131

534 Apr.
1534 Apr.

18

27
27
25
25
5
27
24
6
12
18
14
8
22
31
24
25
18
25
26
19
18
20
21
29
22
24
18
25
28
18

3

Mar.

3 34 July
Mar.
2

8
4
24

3
-

24
27
14
5
4

17
4

3

Jan.

4
15

8 112

10 105

June

July

19

June

15

19 124% Mar. 10
June 23
19 117
11
3334 July 24

July
Apr.
Apr. 10
Apr. 10
34 Apr. 21
8
34 Apr.

434 Jan.

4

Jan.

4

% Jan.
134 Jan.

4

8

8
Apr.
2734
8
Apr.
3134
Apr. 11 120
May 20 145

Apr.
Arr.

3
Jan.
July 18
Mar. 1
4
Jan.

2834 Jan.

20

100

Apr.
Mar.

5

Jan.

634 Jan.
July
3 34 Jan.
1334 May
634 Apr.
3134 Mar.
2434 Jan.
3234 Jan.

11

11234
2034
2 34
3 34

Mar. IS

Feb. 16
July
6
July 22

79

88

12

3
4

5834 Apr. 25
95

9

July

58

134 Apr. 10
34 July 25

117 34 July

Jan.

Mar. 16

44

1934 Apr. 28
834 Apr. 11
134 June 30
31
May 22
4
Apr. 10
36
Feb.
3
134 Apr.
8
634 Apr. 11
5
Mar. 13
19 34 Apr.
8
1434 Apr. 11
2034 Apr. 11

Apr.
Apr.
Apr.

5

25

734
2334
9834
934
5034
2034
1434
234

3
10
10

85

26

Jan.

2

11
10

July

3

134 Jan.
334 Jan.

:

June 29

16

25

July

77

Apr.
Apr.

1

Feb.

June

124

Jan.

3

31

June 19

2534 Feb. 18
4
434 Jan.
4
3134 Jan.
118
July 31
234 Mar. 8

4

19

July

56

85

25

21

43

37

20

Jan.

11634 July

if*

125

8

June 10

Mar. 24
20
5
30 34 Jan.
3534 Mar. 6

Fob.

17

14
20
3

Jan.

27

July 29
1934 July 24
2634 July 17

234 July
234 July
July
334 July
3734 July
114
July
20
July
4934 July
1634 July
5534 July
48
July
27 34 July
4034 July
104
July
8534 July
25
July
1734 July
11134 July
1434 july
44 34 July

3

llH

34 Jan.

25

18

13

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
" ■
July
July
July
July
July
July
July

834 Mar.
234 Mar.

4534 Apr. 10

1

28
6

4634 July
334 Jan.

3 163
78

Jan.

157

3

July 31
Jan.

4

Jan.

5
8

Mar.

8

2034 Jan.

7

3

40

July
2534 July
34% July

31
25
26

8

6

July 28
6
Apr.
Apr. 10

60

Jan.

12

90

July

28

Jan.

27

July 10
934 Apr. 25
7
Apr. 10
8
334 Apr.
1
May
Apr. 10

80

234
134
234
3 34
3534

1

12

234 July
9
July

5334 July
11
July
1034 July
534 July
134 July
26
July

16

July

26

24

July 10
1034 July 12
1
7 34 July
5
4
July
134 July 31
22
July 15

45

Feb.

May
2
Apr. 10
Apr.
6
May 11
Apr. 10

34 July
134 July

July

58

4334
134
634
134

12

29

July
1634 July
2334 July

22
2234 23
2134
17
1334 Sale
1334
10334 110
11034 11234 108J '
Sale
1034 Sale
13
103
3334 Sale
33
4234 Sale
7134
7934 76
8334 80
19
1834
19
2134 Sale
1734
1734
1934 Sale
1734
234 Sale
234 Sale
234

Ex-dividend,

Change of

1034
934
434
134
2434

112

77% Sale

Sale

17

95

3834

Sale

40

80

27

Sale

17

5
18
18
26
27
31
10
26

1
1634
2734 July
1734 July
Sale
1
1834
2434 July
1934 July
Sale
1 11034 July
8234
94
July
126
137
5 138
130
July
July
6
1034
15
1734
1734 July
July
37
Sale
5
40
37 34 July
July
Sale
22
1
1534
2534 July
July
x29
Sale
3
32
3434 July
July
42
55
42
July 28 4234 July
74
110
87
July<28
July 28 90
Sale
8
1534
18
2534 July 28
July

52

32

108

7

26
14

Sale

90

23

32

July
July
July
July
July
July
July
July
July
July
July
July
534 July
124
July
7534 July
129
July

ll'A

26

1
334 July 17
234 July
34 July 25
34 July 25
16
1834
July 20
1834 July 27
3
6034
5834 July 25 6534 July
100
5
93 34 July
9934 July 27
Sale
6 112
July 19
10534 July
Sale
5 104
July
9834 July
July
11734 July 19 122
11234 July 19 11634 July
Sale
1
33 34 July
2834 July
2 34 July 11
334 July
Sale
634 July
434 July 12
Sale
34 July
34 July 24
1
1
134 July
July 18

4534
1234

54
Sale

2034
10434
1934
54 %

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

24

1

60

50

120

11

4134
1034
734

37% Sale

r Cash sales.

American Bosch,

5834
9934

82

Sale

July
July
July
July
July
July
July
July
July
July
16134 July
68
July

3

90

Sale

Sale

234
34
17 34

2534
3434
4334

*
_*
*

Sale

26

g*

1

35
Sale

2834
1934

26

92

2

.1

2534

32

White Motor Co
White Rock Min Spgs
White Sewing Mach

Prior pref 4 % % conv ser 100

4534
2034
11%

27
19

22

100

preferred

Sale

534
5534
234
734

75

Sale

Convertible

Sale

34

Sale

conv

Co

2034
1034
134

31%

Sale

5534
11134
3734
4634

Sale Prices
Jan. 24
70
43% May 18
9834 May 19 12034 Mar. 11
33
3734 June 13
Apr. 10
Sale Prices

Prices

6

Sale

prior preferred
*
White Dental Mfg Co (SS).20

$5

Sale

534

19% Sale
38
37%
20 K Sale

*

Preferred

734
2234
97

94

Class A

V/s
Sale
o

44

127

Weston Electric Instrument..*

o

Sale

1

9434 105
4% Sale

Sale

31

2134
234
1934

129

2

4334 Sale

Sale

P*r va*u<£* « United deli very.
Deferred
name from

Change of

21

119% Sale
140

Sale
3%

129

634

Westinghouse Air Brake
*
Westinghouse Elec & Mfg..50
7% 1st preferred
...50

44,300 Woodward Iron Co
10
494,800 Wool worth (FW)
10
78,800 Worthington P & M_._____100
400
7% preferred A
100
540
6% preferred B__
__1
Prior pref 4%% series...100
5,400

250

24%

1

24% Sale

50,700 Wilcox Oil & Gas
5
326,800 Willys-Overland Motors
104,300
6% conv preferred
10
*
100,300 Wilson & Co
16,800
$6 cum preferrred
-.-.100
310 Wisconsin Elec Pow 6% pf-100

50

2334

56

2%
234
aV/8 21% 22
1934 Sale
115
118,, Sale
11534 116
2
2
134
1%
1%
5
7%
434
834
5%
Sale
121
124% 125
122
75% 7534
72
66
70%

Western Union Telegraph-.100

99,700 Wheeling Steel Corp

..

22""

80

57

934

5

44% July
July
July
July
July
July
July
July
July
July
July
July

34
Sale
1734
2234
Sale
Sale
1834
19
Sale
30 34
33
30
29
11534 11634 115% 116% 11634
4034
4034
4134 42% Sale

120

Sale

Sale

106

Sale

%
17%
24%

34
1834

57

340 Wheeling & Lake Erie Ry__100
110
5%% conv preferred
100

200

nht

Sale

100

Walker

147,700 Western Auto Supply Co... 10
24,900 Western Maryland..:
__100
2d preferred
6,600
100
18,100 Western Pacific
100
23,200
6% preferred
100

270

Sale

8%
50%
20%
14%
2%

*

17,865 West Penn Power pref 7^.100
12,520
6% preferred
100

96,200
27,100
38,700

19
28 %

Sale

1

*
*

15,300
3,430
53,200
10,300
6,080

6,110
20,400
4,800
3,300
1,100
1,600

% Sale

Sale

110

107

134

Walworth Co

$3.85

Sale

2

Waldorf System

4,000

11,630

Sale

68%

100

Walgreen Co
4 % % preferred with

1

Highest

Lowest

Highest

Sale Prices

dH

1% Sale
3% Sale

26,100 Warren Foundry & Pipe
25,800 Waukesha Motor Co.
34,300 Wayne Pump Co

820

157

Ask

Ask Bid
52
Sale

37% 3534
3534 36%
3334
46%
4534
4534 46%
4534
2
134
2%
134 Sale
7
634
6%
6% Sale
2
1% Sale
1%
57%
55%
52 34
5834
10
12%
11
834
Sale
85
7934
79
8334
161
161
157
16034
70
68
6034
6034 "68""

100

2,300
3,700
3,500

30

83

14
Sale

44%

Ry Co. 100

Preferred A

20

9,500
3,400

54

40

Preferred B

22,500
35,800
6,100
218,900
52,100
9,900
9,100
22,700
8,900
575,100
6,990
116,100
5,500

17,400
6,400
1,900

Sale

112

440

7,300

46

12

5

18,200

3.900

106

45

100

100

Sale

3% Sale
7% Sale

100

15,000 t Wabash

1,000
1,600

44

*

870
7% 1st preferred
15,900 Vick Chemical Co

10

69

Bid

35% Sale

5

180,400 Vanadium Corp of America..*
5
22,600 Van Raalte Co

1,700

h
&

*

30,200 Vadsco Sales Corp..

26,700
4,100

Ask
Sale

100 118%

3,260 Universal Picture 1st pref__100

6,600

_

*

Bid

Lowest

July 31

July 1

—

70

RANGE SINCE JAN.

1939

Par

2,406,500 United States Steel.97,200
7% preferred
48,600 U S Tobacco
3.760
7% preferred
29,500 United Stockyards Corp
Conv preferred (70c)
18,200
62,100 United Stores Anew
4,400
$6 conv preferred
4,500 Universal-Cyclops Steel
9,400 Universal Leaf Tobacco

40

JULY

Jan. 3

STOCK.EXCHANGE

Jan. 1

Shares

PRICES IN

Price

STOCKS

Since

3134 Jan.

1

Jan.

60

Jan.

27
4

12 % Mar. 10
4
1334 Jan.
Jan.

4

134 Jan.
July

27

7

A'4

234 Apr.

4

80

45

26

5

June 15
35
4934
10534 Apr. 20 114
15
Apr. 10
2534
5034
4134 Apr. 11
2334
1934 Apr. 11
4734 July 15 66
65
43
May 25
5
38
23 34 July
53
3134 Apr. 19

10 120

Apr.

75

Mar. 31

2134 July
1134 Apr.
Apr.
934 Apr.
Apr.
30
98

5

11
11
10

8534
33 34
2154
11434
2134

11

5
May
8
Apr.
Apr. 11
12
234 June 30

74
17

J Companies reported in receivership

9

334 Mar.
334 Feb.
634 Feb.

1

June 24

234 June 24
334 June 29

85

3

1 Called for

8

8
5

Jan.

5

Jan.

July

8

Jan.

4

Jan.

6
4

Jan.

Mar. 10
Jan.
Jan.

18
4
5

Jan.
Jan.

3

July

18

Mar. 13

Jan.
Feb.

Jan.

55J4

Jan.

85

Jan.

5
17
5
4
5

3134 Jan.
2234. Jan.
334 Jan.

redemption

4

4
3

OF

RANGE
Stock Sales

PRICES

Shares.

Jan. 1 to July 31

July

5,189,381
25,925,812

2,740,674
22,215,637

range

for the

July 31...

$36,593,000
205,127,000

.$37,633,000
275,680,000

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

NOTICE—Deferred delivery, under the rule and cash sales, are disregarded
and when selling outside of the regular monthly range are shown in a footnote

computing the

_

Jan. 1 to

1938

1939

Bond Sales

1938

1939

July

NEW YORK CURB EXCHANGE

ON

year.

AGGREGATE
PRICES IN

SALES

Since

July
Shares

Shares

EXCHANGE

175

1939

STOCKS

750 Acme Wire Co

Par
new

39,800

2,000
1,000
1,100

25,900 Ainswortb

100

—

Mfg Corp com—5
1
11,100 Air Associates Inc common
14,600 {Air Investors Inc common—*
Convertible preferred
1,000
*

600

5,100
2,175
7,715
5,320
1,300
3,250
1,300

1,200
1,520
950
100

1,200
800

Warrants
Ala Gt Sou RR ordinary
Ala Power Co $7

200

400
1

250

8,250
500

1,700

Alles & Fisher Inc common—*

Alliance Investment common *

*
*

100
10

1

Beverage Corp

-.100

690 American Book Co

1

com

900 Amer Capital Corp cl
Common class B
5,300

10c

A

10c

*
*
Centrifugal Corp__l

$3 preferred-...-.$5.50 prior preferred

1,400
800

-

Sale

8
11

Sale

3#
5#

Sale

7

Sale
23
#
63 #

1#

2#
20

#
61 #

13

16#

1#
IK

2#
IK

3#
6#
7

1K
13#
#
69#
95#
88#

#6
66

2#

#

2#

1#

2

Lowest

Highest

Sale Prices

Sale Prices

17#

14# July

6

Sale

3 # July

17

Sale

5# July
6# July
1# July

5

17

July

28

22

20

21#
3#
5#
Sale
1#
16

%
64#

Highest
Sale Prices

1

7#
1#
16

74,000 American

7#
18#

9
19#

Sale

66

Sale

90

Sale

81#
2#
#
#

101

110#
14#

Sale
15

113#

139# Sale

July 17
July 14
7
July
7
July
5
July
July 25
5
July
July 26

16
122

8

July

18

20#
104
Sale

119

9

1%
61
Sale

2#

4

22*

25

61#

%
74

2#
#
16#
64

Sale

46# Sale
6# Sale
1#
#6
19
16#

46

6

Sale

2

1#
44

6#
Sale
19#
70

66#

Jan.

62#
1#
#
#
8#
7#

Jan.
Jan.
July
Jan.
May 29
June 28
May 19

90

Mar.

9# July

17

28

110# Jan.
14
Apr.

July

2

1

July

34

May
97
July
91# July
2# July
1# Jan.

9*

Jan.

4

July

22
6

July

June 12

6
141

Jan.

Jan.

4

3 111# July 19
June
9
10 30

June 28

10
4
7

3#
60#
9#
2#

Jan.

17

Jan.

6
5

Jan.

Mar. 17

noH

Jan.

23

Feb.

75

Mar.

2# Jan.

# July

31

Jan.

11

35

25# Apr.

10

34

1

9
24
1

3 116
17
19

25
64# June 22

July
July
July
July
July
July
July
July
July
July
July
July

Mar.

18
18
25

9# July 28
18# June 10

Mar. 31

5# Apr.
2
Apr.
# Jan.
16# July

Jan.

26

8 131

Mar. 11

44

12

71

16# Apr.
1# Mar. 31

July

3
9

Jan.

3

46# July
6# July
2# July
#6 July
16# July

Jan.

18

8

108

74

July 31

2# Jan.

104

5# July
132# July
111# July

1# July
6
45# July
3
6
July
8
2
July 25
#6 July 14
16# July 25

Sale

Sale

1

June 28

71

July
# July

5
3

J an.

11

June 29

97

1

9
3

8# Jan.

#6 Apr.
60
Apr.

July

28

June
Jan.

6

14

91# July
2# July

July

17
21

1

20# Sale

dH

6

1# July
14
July
# July
69# July

124# July
116
July

July
113# July
115# Sale
Sale
17
17
Sale
July
16#
5
July
Sale
119# July
128# Sale
110# 111# 110# July

103

Sale

108

19

20#

Sale

10

9

9

7
17

128

14# July
18# Feb.
3# July
5# Apr.
6# Apr.

17

14

#

2#
1#

5

3

3# July
6# July
7# July

conv

14,200 Amer Box Board Co

100

2,800

$3

17,400 Ameriban

300

«.

20

6

Lowest

Ask

Allied International Investing *

1,800 Aluminum Industries com
57,400 Aluminium Ltd
3,400
6% preferred.
80,100 American Airlines Inc

200

16

14

24

22

*

preferred
*
400 Allied Products Corp com—10
Class A
25
550
*
66,650 Aluminum Co common
15,600
6% preferred
100
7,500 Aluminum Goods Mfg

60

2,300

50

Aks Bid

Bid

Sale Prices

July 31

July 1
Ask

preferred..

$6 preferred

600

11,250
1,600

Did

com__—10

500 Aero Supply Mfg class A new.l
Class B new
1

3,666

1

Jan. 3

Jan. 1

CURB

RANGE SINCE JAN.

JULY

Price

NEW YORK
In

9
6
7

13

Amer Cities Power & Lt

4,000
70

Corp—
-25
Class A with warrants
25
14,400
Class B
1
26,575
350 Amer Cyanamid com class A_10

35,800

Common class B non-vot--10

1,125
1,100

Conv class A

11,425

625

207,400
8,600
8,550
289.400
10,700
24,000
5,025

50

725

1,100
1,350
26,000
1,900

1,600

Amer & Foreign Power warr—
Amer Fork & Hoe Co com—*
American Gas & Elec com.-

*

$6 preferred

10c
1
1

American General Corp

$2 preferred
$2.50 preferred

750

3,200 Amer Hard Rubber Co com.50

225

900 American Invest of 111 com—*
11,000 American Laund Mach com .20

400

1,800
500

500
30

6,000
1,200
175

3,700
500

21,500
500

10,800
700

1,300

600

800

5,600
11,900
3,100
320
1,100

5,200

13,100
2,500

6,858

400
100

13,400
«»._

-

-

-

3,700
6,100

2,000l

10]
32]
116

Sale
Sale
Sale

4 K Sale
24# Sale
26#
28#

10

Sale

17

18#

10
10#
9#
10#
36# Sale
33# Sale
114# 114# 113# Sale
4#
3#
3#
4#
29
29#
25#
25#
33
31#
29#
32#
7
8
8# Sale

16#

33# July
16# July

23#

26

27

15

16

-100

50

85

54

80

Preferred

93,900 American Maracaibo
*
10,800 American Meter Co
Amer Pneumatic Service
"2",475 Amer Potash & Chem Corp..*

56,600 Amer Republics Corp coin __
18,300 Amer Seal-Kap Corp com
180,600 American Superpower
1st preferred $6 series
6,900
Preferred $6 series
69,900

A

71*

19

Sale

3#
1#
2#
12#

Sale
Sale
Sale
Sale

*
10

Warrants

1,100 Assoc Laundries of America_.*
Yot trust ctfs common
*
*
to! Oil Assoc Tel & Tel clas* A
Atlanta Birmingham & Coast
RR Co preferred
100

60 Atlanta Gas Light 6% pref.100
*
37,100 Atlantic Coast Fisheries

50
1,760 Atlantic Coast Line Co
1
5,000 Atlantic Rayon Corp
44,500 Atlas Corp warrants
200 Atlas Drop Forge Co com
5
*
26,900 Atlas Plywood Corp
— 1
123,500 tAustin Silver Mines
26.700 Automatic Products Corp. —5

For footnotes

see page




53.

5#
% Sale
70

109

14#
3#
1#
2#
10#

#
2#
5#

Sale
Sale
Sale
6

16#
17

28#
12#

#

6

6#,
#

*

16

3#
Sale
2#
11#

#
2#
2#
6#

6#
4#

Sale
Sale

5#
4#

8#
%
1#
8#
#«
#

9#
Sale
Sale
Sale
Sale
Sale

8#
9#
#
#
# Sale

8$

5#
4#

9

%
Sale

75

19#
3#
1#
2#

1

6#
Sale
77

Sale
3#
1#
2#
12#

11

Sale

#
2#
2#
7#

34

1#
30

28#
#
10#
39#
114#
4#

27

June 26
o

22

63

70

6

June 29

Jan.

4
6

60

#

4#
Sale

3#

65

3#

Sale

2# Sale

4

% Sale
2#
11#
13#
#6
#
2#
2#
2

24" Sale"

"3#

#
2#
Sale
Sale

5

5#

4#

5

9#
10
#
,#
% Sale
8#
9#
i«4 Sale

70

65

100#
3#

3#

24

Jan.

9

27

Jan.

12

26# Jan.
15# Apr.
13
Apr.
25# Apr.
9# Apr.

6# Mar. 31

13# July
July
% July
31# July

54

Sale
4

2#
15#

2#
16

%

#
2#

2#

1!*

Feb.

3

Mar. 10
Jan.

3

Jan. 19
July 27
31# Mar. 3
10# Jan. 18

29

34# June

1

18

Mar.

2

18

Jan.\ 9

29

Jan.

15

June 16

Jan.

17
7

5
1# Mar. 2
31# July 28
66

Jan.

Feb.

70

Apr. 15

5# Apr.
4# Jan.
# Apr.

9

# Jan.
20# Apr.

July

11
110

#
2#
2#
6#
91#
4#
4#

9

#
#
8#
»64

55

July
6# July
6# July
# July
77
July
21
July
3# July
1# July
2 # July
11# July
70

July
6
July
6# July
# July
74
July
15
July
3# July
1# July
2# July

67

3

8

July
6
July
3
July
7
July 19
July 21
July 27

Jan.

65

July

6

2# July
6
19
July 11
3# July 21
# July
5
13

July
# July
2 # July

7
5

77# Mar.

108# Jan.
% June
1# Apr.
2
Apr.
5# Jan.
78# Apr.
4# July
4# Apr.
16# June

19 112

Jan.

July

21

July
July
July
July

11

5

21
21
25
25
5
17

6

Mar. 21

13

27

10

1

10
6

18
10

19

14
13

14

65

July
96# Jan.
2# Apr.
17
Apr.
3# Feb.
# Apr.
2# June 15
June 30

#s Apr. 14
1# Jan. 28

Mar.

.% Jan.
1# Jan.

25

12

6

# Feb. 17
3# Apr. 22
3# Apr. 22
7# Apr. 22
95# June
1
7# Mar.
1
5# Feb. 17
16# June 13

15

11'

# Jan.

4#
20#
3#
1#

Feb.

3
1
6

3# Apr. 20
1# Jan.
3
3# Feb.
8
14
Jan. 20

# Jan.
# Jan.
5# Jan.
*«4 Jan.

66

July
# July
2# July

Feb.

27

8

July
July
July
July
*64 July
# July

9#
#
#
9#

17

June

1

Apr.
3# July
1# Jan.
>2# Apr.
10
Apr.

July 18
July
3 111
July 22
# July 22
3
July 25
July
5
3
July 25
July
3
July
3
7# July 31
95# July 20
July 11
July 18
5# July
6
5
July
8
July 20

Jan.

7

13

-----

Sale

1

30

8# Apr. 26
31
Apr.
40#
112# Apr. 17 116
3# May
2
4#

60

68

#

QQ

'"3#

19

28# Jan.

2# May 23

"3"

Jan.

July

33# July
16# July
17# July
29
July

15# July
28# July
9# July
54
July
# July
27
July

Mar. 10

2#

10
10

Apr.
18# Apr.

31#
8# July

29

Mar. 13

#
70
6#

67

Sale
6#

%
74

13#

#

%
72

Sale
29
65 '

54

111

#
2#
2#
6#

34#
1#
Sale

27

31#

Sale

*

American deposit rects—£1
6,200
9,700 Assoc Gas & Elec common—1
Class A
1
123,800
$5 preferred
49,600
*

40

Sale

2K

890 Arkansas P & L $7 preferred.*
5
7,900 Art Metal Works comhion
53,500 Ashland Oil & Refining Co..l

58,258

68

67

65,000 Arkansas Nat Gas common.
Class

61

9

*

9,500 Apex Elec Mfg Co common—*
Appalachian Elec Power—
$7 preferred
*
1
23,700 lArcturus Radio Tube

16#
Sale
28#
10#
56#
y

#
56

1#

\

27

5

2,550

Preferred

#
26

6#
6#

7,200 Angostura Wupperman

43.200

Sale
29#

10
2
*
*

10,600 American Thread preferred
9,100 Anchor Post Fence common._*

239,400

#
28

23#

#

,

33
33

1#;

16#
15#
28#
9#

30

4,300

28# Sale
1# Sale

1

Sale

300

M

Sale

34

29# July
29# July
1# July
26
July
23
July
% July
9# July
33# July
112# July
3# July
25# July
29# July
7
July

29# Sale
28#
29#

17

25 Assoc Breweries of Canada
Associated Elec Industries—

1,400
200

Sale

2

29#

56,900 American Light & Traccom.25
2,800
6% preferred
—25
3,400 American Mfg Co common. 100

1,000
400

27
27

11

0

3
3

Mar. 10
Jan.
3

# Jan.

3

2# May 23
68

Apr.

17

98

' Feb.

3

4# May 27
31# Jan.
4
4# Jan. 10
1 # July 25
3

June 13

25# Jan. 12
# Jan.
9
3
Apr. 29

1

\

NEW

42

YORK

EXCHANGE

CURB

AQOREOATE
SALES

PRICES
NEW

In

Shares
400

500

"""200
9,700
980

100

5,600
850

19,700
1,300
1,900
2,400
300

1,500
12,400

"""loo
300
100

8,100
10,600
10,100
30
100
750
250

1,700
300

1,350
•

Jan

"700

"~7", 600
1,650

4,900
1,100
600

1,100
140
50

200

Shares

.

STOCKS

Par

(Continued)

Bid

1

7%
4%
13%
13%

*
57,700 Babcock & Wilcox Co
Baldwin Locomotive—
7% preferred
12,850
30
Purch warr for common
154,200
1
11,800 Baldwin Rubber Co com
1
10,700 Bardstown Distillery Inc
1
63,300 Barium Stainless Steel
3,600 Barlow & Seelig Mfg class A-.5
11,800 Basic Dolomite Inc common. _1
1
67,500 Bath Iron Works Corp
100 Baumann (L) & Co com. — *
420
7 % 1st preferred
100
660
7% 1st prof vot tr ctfs—100
2,400 Beaunit Mills Inc common__10
900
$1.50 conv preferred
20

28%

Sale

22

7

3

3%

Sale

1
204,500 Beech Aircraft Corp com
113,700 Bell Aircraft Corp common—1
97,000 Bellanca Aircraft common—1
740 Bell Telep Co of Canada—100
850 Bell Telep of Pa- 634 % P^f .100
3,350 Benson & Hedges common—*
Convertible preferred
*
1,975
27,000 Berkey & Gay Furniture Co..l
Purchase warrants
15,800
*
8,410 Bickford's Inc common
600
$2.50 conv preferred
*
6,000 Birdsboro Steel Fdy & Mach_*
Blauner's common
*
88",200 Bliss (El W) & Co common—1
5
4,650 Bliss & Laughlin Inc com
Ridge Corp common—1
$3 optional conv preferred.*
(S) & Co com
*
Bohack (H C) Co common—*
7% 1st preferred
100
Borne Serymser Co
25
Bourjois Inc
*

Blue

Blumenthal

1%

3%

8%

8%
5%
19%
19
1%
Sale

Sale

7S
1%

16%

17

43

7% July
4% July

5

July

19
17

13
31

% July
July

Sale

5%

2%

July
6
2% July 21

6% Sale
6%

Sale
Sale

2

10

Sale

35

49

35

40

35

Sale

3

4

4

5%

13

6

15

8%

7%
36%

Sale
Sale

5%

19% Sale

10

Sale

3%
10%

5% Sale

10%

Sale

5%
20%

122

14%

17%

27

32

17
18

20

July

22

7% July

22

6

July

35

4

2% July
10% July

11%
Sale

5% July
19% July
5% July

Sale

July

121% July

1

29% Jan.

5

22% Mar.

3

Ap*

Jan.

35
July
3 % July

20
29

10% July

28

26

6% July
24 % July
8% July

1

1

164

16

11

%
15%

15

6

6%

4% July

13

5% July

25

Sale

16%

Sale

19

22

1%
39%
8%
Sale
23%

10

Sale

"5%

8% July
16% July

5
12

11% July
19% July

31
25

8

Sale

1%
37%
7%
2%

"4%

3%

8%

5%
8%

10%

Sale

4%
2

1

1
41

6
% July
July 11
31
5% July
5
2% July
6
22
July
12% July 10
5% July 31

Sale

40

%
38

Sale

5%

6
2%

3

38

Sale
3%

20

22

22

24

11

13

12

13

3%

4%

1%

4

1%

5% Sale

1 %

12% July
5% July

3
3

23

Jan.

23

Jan.

13

Feb.

28
3
16

Jan.

Jan.

3

June 17
Mar. 10

28

July

21
5
3
Mar. 21
June
8

Jan.

Jan.

17
40
8

10
11

Jan.

5

17% Jan.
20% Jan.
1% Jan. 20
July 24

42

34

6% July
3% July
24
July

2

Feb.

45

% Apr.
Apr.
4% Apr.
2% Jan.
17% Apr.
10
Jan.
3% Jan.

July
July

42

Apr.
13% Apr.

6

4

Jan.

38% July

Jan.
Mar.

13

4

Jan.

123

Jan.
% Apr.
% Mar.

34

7%

6% Mar.
8% Jan.

11%
36%
10%
175%

4% July

5

27

1% Jan.
10% Mar.

4

31

13

Jan.

% July
% July
14% July

Sale

Feb.

5

118% Apr.

38% July
45
July
% July
% July
15% July

Jan.

40

Jan.

17
6

Jan.

2

5% Jan.
19% July
5% Apr.

28 174
July
14 121% July

9

in

50

May
30
Apr.
2% July
10% July

July
July

32

39

35

15%

20
27
28

14

29
10
8
18
6
25
24
31

14

15% Apr.
4
Apr.
5
Apr.
% Mar.
% July
7% Jan.
4
May
4% Mar.

22

8
4

Jan.

48% May 10
2% July 21

18

28

Feb.

1% Jan.

35% Mar. 31
2% July 21

2

Sale

£
15

4

27

41

%
%
% Sale
12%
14%

15

35

121% 123

119% 122

10
28

June 29

22% July
6% July
7% July
1
July
% July
9% July

174
120

8% Jan. 13
4% Jan. 10
8
16% Feb.

2

21% July

July

39

35

% July 29
2% July 24
45
July 10
2% July 21

10

17

5%

8%

17
11
6

7
18% July
7
4% July
5
5% July
6
% July
6
% July
8% July 26
7
5
July
5
5% July

Sale

2

10
5

41

Sale

50

6% Apr.
2% Apr.
Apr.
14% May
% June
15

21% Sale
5% Sale
7%
6%

9

4%
5%

Highest
Sale Prices

17

2 %

1

Sale

"6% "T%

Lowest
Sale Prices

3 % July

1%
Sale
44

20%

2%
Sale

4%
5%

^

Highest
Sale Prices

7

7%
4% Sale
15%
17%
13
1

2%
41%

Lowest

Ask

Ask Bid
7
7%

Bid

Sale Prices

July 31

July 1
Ask

8,200 Auto Voting Machine com—*
5
4,800 Avery (B F) Sons Co
375
6% preferred with warr—25
ou
6% preferred ex-warr
25
Purchase warrants
1,700
203,000 Aviation & Transport Corp._l
6,800 Axton Fisher Tob class A—10
100 Ayrshire Patoka Collieries _.l

31,900
10,600
1,900
3,200
1,030
1,250
3,600

RANGE SINCE JAN.

3

1939

Jan. 1

July

JULY

IN

Price

YORK

CURB EXCHANGE

Since

9

Jan.

4

Feb.

5
17

26

June

9

14% May 17
4% June 26

Bowman Biltmore Hotels—

1,900
950

1,300
2,500
7,000
17,900

*

Common
25,100
7% 1st preferred
7,200
2d preferred22,600
49,900 Brazilian Tr Lt & Pr ord
114,400 Breeze Corp
177,300 Brewster Aeronautical

100
*
*

1

Sale
Sale

3 %

Preferred.

900

100

.

class B

Class B
5,700
7% preferred
4,200
4,900 Brillo Mfg Co common
Class A
1,080

600

400
200

30

—

*
f

----*

-.100
*

21

19

8%

Sale

Sale

4

Sale

4

Sale

4

July

1

Sale

7

Sale

7%

Sale

7

July

1

35%
Sale

100

19

1

8

31%
7%
71%
%
4%
1%
28%

800 Bright Star Electric
7,400 Brill Corp class A

July
July

20

7

8%

Co..___*
.*
34,100 Bridgeport Machine com

10

Sale
9%

1% July
8% July

12%

300

1%
9

"2% Sale"

Sale
Sale1

1

100 Bridgeport Gas Light

"2"800

1%
20

32%

%
Sale
Sale
32
11%

8%

35
Sale

4

67

75

11

7%

73

%
2%
1

%

3
1%

33%
3%
70%
%
2%
1

28

29

11%

12%

12

1

7

July
July
July
July

3 % May
6
7
May 18

7%

July
July

1
3

3
18

July

12
7

July
July
July
July
13
July
32% July

21 % July

3

22% July

27

28
19

22% July
21% July

28
19

3% July
July
% July
2% July
1
July

73

%
2%

28

Sale

12%

July

12% July
32

14

4

3
3

73

6
6
17

20
19
19
26

July

2%
8%
4%
8%

%
2%
1 %
29%

18
18
18

17

Jan.

Jan.

32

37
4
75

1%

23

July
July
1% July

1 % July
13

17

3% Apr.
8
May 23
% June 27
2
Apr. 11
1
Apr. 10
21% Apr. 10
9% Jan. 20
29% Apr.
4
68

3

Jan.

17

24% Jan.
4
5% Jan. 18
12% Mar. 10

11% Feb. 23
12 %

J an.

3

32

Jan.

17

7% Jan.

3

77

Mar. 15

% Jan. 12
5
4% Jan.
1% Mar. 16
32

June

7

13% June

7

32% June

9

British-American Oil Co—

4,800

1,800

300

*
*

Coupon stock (bearer)
Registered.
_

21

21%
21%

21%
21%

22%
22%

22%
22%

22%
22%

21%
21%

23
23%

21%
21%

22%
23

21%
21%

22%
22%

21

20% Apr. 12
20% Apr. 26

22% Mar. 1
22% Jan. 20

British Amer Tobacco Ltd—
500

7,500

300

500

Amer

dep rets ord bear._£l
£1

Amer dep rc ts ord reg
Celanese Ltd—

22

July

21% July

Feb.

28

Jan.

30

24

21% July

19

22% June 27

21

British

Am dep rets ord reg
475 British Col Pow class A

50

1,000

900
20

300

5,200
1,000
1,800

1
10,300 Brown Forman Distillery
520
$6 preferred
.*
Brown Rubber Co common..1

45,600
2,400
5,150
43,300
8,050
26,100

Bruce

(E L) Co
—5
Buckeye Pipe Line
50
Buff Niag & East Pow pref_25
$5 1st preferred*
Bunker Hill & Sullivan—2.50

600 Burma Corp Amer dep rcts...

"""400
900
100

12 %c

5,800 Burry Biscuit Corp

%

1%

%

1%

1%

2

*

7,400 jBrown Co 6% preferred--100
7,600 Brown Fence & Wire com___l
Class A preferred
,— *
1,100

300

11,500
100

10s

3,500

2,000

1 % July
July
12% July

2

1

% July

26

13

27

July

18

13

July

13
24

July

18

5% July

12

2% July

25

2% July

July
July

25

17
25
13
21

27

18

7%

6

2%

Sale

15

2%
3

2

2%

5,000 Cable Elec Products com._.50c
Voting trust ctfs.
50c
21,600

12%

5%

5%

.2%

Sale

16%
Sale
Sale
Sale

11

4%

Sale

15%
27%
20%
106%

13

11

21

2%

2%

3

4

2%

11

Sale

5

2%

30
3

Sale

11

10% July

29

31

28

20%

31%
20%

22%

22%

12%
1%
1%

13
2
2

13%
1%
1%

9
29

%.

9%

1

%
%

%

%

3%

4%
18%

16

22

20

%o

%

3%
16%

4
17%

16

33

34

19

July

20% July
105
July
13%
13% July

July
July
24
July
20
July
3
July
14 106% July
6
14% July
3

30

4%
10%
32%
22%

18
27
12

17

2
2

1

1

%

% July

% July
% July

17
25
26

1% July

% July
% July

5

% Feb.
23% Feb.

16
10
7% Mar. 31
4% Apr. 10
20
Apr. 10

Jan.

5

7% Jan.
23% Jan.

3
5

42

6

Jan.

3

17

Jan.

4

34% Mar. 23
23% Mar. 9
Jan.

10

15% Jan.
2% Jan.
2% Jan.

26

107

Apr.

1% May
1% Apr.

26
26

26

June 13

20

4% May 29
May 29

1% Apr.
July
2% Apr.
9
May
27% Jan.
19% Apr.
102
Apr.
30

11

1% July
28

% May 23
% Jan. 17

3

7

May 25
1 % Mar.
2
1

Caoles & Wireless—
Am

700
dep rects 5%% pref__£l
700 Calamba Sugar Estate Co
20
Camden Fire Ins Assn
5

~

50

13,400
400

12,906
125

8,200

"1,406
200
380

350

11,700
500

1,900

"4,700
2,550
800
80
550
700
30
540
700

500

1,650 Canadian Car & Fdy pref—25
40,200 Canadian Colonial Airways—1
5,500 Can Indus Alcohol class A—*
B non-voting
—*

"73",800

1

Canadian Marconi Co

1,525 Capital City Products...
57,200 Garib Syndicate com

2%

3%

1

1%

*
_25c

300 Carman & Co conv A stock..*
Class B__.
----*
1,500
*
8,500 Carnation Co common
10,500 Carnegie Metals Co cominon.l
2,390 Carolina Pow & Light $7 pref.*
$6 preferred
940
*

%

% Sale

98

99

91

92

94%

11%

20%

*

14

Castle (A M) & Co
10
1
47,900 Catalin Corp oi America
Celanese Corp of America—
7% 1st partic preferred..100
7,060
15
4,000 Celluloid Corp common
1st preferred part
*
1,720
$7 dividend preferred
'
1,700
9,200 Cent Hudson Gas & Elec corn120 Cent Maine Pow 7% pref. .100
4,170 Cent N Y Pow 5% pref.... 100
1
8,700 Cent Ohio Steel Prod
3,075 Cent Pow & Light 7% pref.100

21

6

4%

23%
Sale

90%
3%

Sale
4%

13%

7

6%
15

14

10%
16%
2%
93

3%

14%

Sale
7%
12
18%
3
Sale

3%

14%

13% Sale
6%
7
14%
14%
18%
20%
3% Sale
105

4%

20%
14%

91%

Sale
93

93

94

95%
7
7%
7%
100% 102% 109%

525

750
25

\-

50
1,900

Common.
_50c
32,100
52,100 Central States Elec common..1
7% preferred
100
5,125
6% preferred
100
11,673
Conv preferred
100
1,275
Conv pref opt ser 1929--100
1,750
*
25,900 Centrifugal Pipe Corp
Chamberlin

100
400

200

Metal

see page




1%
Sale

9%
4%
4%
4%
4%

10%
Sale
Sale
Sale
Sale

6%
5%

Sale
6%

Weather

Strip Co
4,500
1,600 Charis Corp common..
750 Cherry-Burrell Corp com

For footnotes

'8

5
10
.5

.

1

1%

JA

cX

7%
2%
2%
2%
3%

8%
2%
3%
3%
4

1 % July
4% July
1
July

13
26
15

July

29

% July
98% July
94
July

11
10
28

31% July
% July
96
July
90
July

10
11
3
7

11% July
6% July
12
July

1
7
6

14% July

2% July

7

•3% July

July

July
July
July
July
July

July
7% July

93

Sale
Sale
Sale

100% July

4%
7%

4% May 24
17% Jan.
6

19% June
5
4% May 17
1 % Apr.
8

33% Mar.
3
8% June 19
2% Jan. 17

3

% Apr.
4% July
% Feb.

4
10
3

1% June
8

1%
%
8%
2%
3%
3%
3 %

July
July
July
July
July
July
July

4 % July
7
July
13% July

53.

\

34

7
15

1 106

July
July
July
July
July
July
11
96
July
13
8
July
3 109% July

22

4%
56%
12
20%
31
14%
11 103%
12

6

6

15
5
14
18

10

1%
%
12%
3%
3%
3%
4

29
31
13
27
20
17
27
21
31

July
July
July
July
July
July

24

July

20

6

4% July
7% July

18

13 % July

5

25

8

May
1
4% Jan. 12
July 29
% Jan. 18
99% May 16
94
July 28

34

85

Feb.

78

Jan.

Apr*
5% Feb.i 23
9
Apr* 11
17
May 17
2% Apr.
1

21% Jan.
7
May
15

Jan.

23% Jan.
4% Jan.
29

76
3

Apr.

106

July

June

Feb.

5%
61%
27%
14%
103%

Mar. 10

48
18

Apr.
13% Jan.
Apr.
85
Apr.
6% Apr.
90

85
1

24
28

9
4

22

3% Apr.
24% Jan.
% Apr.

10

July
July

Jan.

1 % Mar.

20% May

3%
53%
18%
14%

,

6%

22
18
20

3

93

1% Sale
% Sale
9%
12
3%
3%
3
4%
2%
3%
3%
4
4 %

22% July
8
July
1% July

10

100

§5

27
11
1

1 % July

Sale

Central & Southwest Utilities—

6,100
5,800

July
6% July
1% July

21

Sale

Sale
Sale

1
6

3% Feb.
16% Feb.

4% July
% July

5
Sale

96%

Sale

1
1

1

2%
2%
Sale

89

Sale

Casco Products

1%
1%
4%

21%
Sale

96

82

%

2

21%
25
4%
4%
33% Sale
%
%

88

,

1

7%

25
4%
31%

21%
3,%

3

Sale
Sale
2
Sale

4%
17%

29%

30
4%
24%
Sale
89%

18%
24

Carrier Corp common
Carter (J W) Co common

127,700
3,500
8,400
350

6%
1%
1%
1%

"~2% "_3%

4

7

Jan.

Apr.
% Apr.
June 30

18

2% July

14

3

18

2% Apr. 22
3% May
9

5
June 20

4
Apr. 11
5
5% Jan. 23
25
Apr. 20
18 xl2

97

Mar. 13
Mar. 11

July
July

20
17

June

15

1
9% Feb.
109% July 31

1% Jan.
%4 Jan.
Mar.
5
Mar.
5% Feb.
4% Jan.
4% Jan.

14

7% Jan.
7% July
15

Jan.

20
5
11
11

9
19
3
4
25
24

43

CURB EXCHANGE

TORE

NEW

Aug., 1939]
AGGREGATE

PRICES IN

RANGE

JULY

SINCE JAN.

1

SALES
Price

NEW YORK
CURB

Since

Jan. 3

EXCHANGE

1939

Jan. 1

Par

3,200 Chesebrough Mfg
25
16,550 Chicago Flexible Shaft Co—5
3,900 Chicago Rivet & Machine
4
7,400 Chief Consol Mining Co
1
10,675 Childs Co preferred
100

128

'

(Continued)

133

7X
4

50

54

60 M
61

55

6X

Sale

Sale

37 X

36

5X
IX
2X

Sale
2
Sale

7H

4X
8X

Sale
4X
Sale

92

Sale

551

Sale
Sale

5X

JX

55
66 X
69

64

67
4X

X

Sale

X
X

—

Sale

5X Sale
54

Sale

5

Sale

50

Sale

77 X

Sale

80

Sale

5%

% Sale

X

40 X

39

4X
IX
2X

59y

Sale

M«

39

IX
2X

Mi

2X
4X
4X
78

11,300 Cons Retail Stores Inc com. ...1
.100
280
8% preferred
..10
8,600 Consol
*

40,700 Consol Steel Corp common
1,550 Cont'l G <fc E 7% pr pref... TOO
200 Continental Oil of Mexico.. ...1
19,000 Cono Roll & Steel Fdy com __*
4,400 Cook Paint & Varnish Co..

15X

2

2X
4X
5
79

2

J6

Sale

2X
4X
5X
83 X

4%
5

81

Sale

336

Sale

a32

26

25

X

X

15X

15

5% preferred
Courtaulds Ltd

1

*
1

91,400 Cosden Petroleum com
12,980

*
*
5
5c

50

31,900 Croft (The) Brewing Co
1,800 Crowley Milner & Co com
5
8,600 Crown Cent Petrol (Md)
1 6,200 Crown Cork Internat cl A....*

2,500

5^6
8%

6X
Sale
Sale

72

X
59 X

Sale
59X
Sale

6
in

iv

n

6*4 Sale
81 Vi
84
Me
X
9X
9%
7X
SX

Preferred

930

200

IX
Sale

26%
27X
Mi
Mi

15X

Sale

150

4,550
10

'""loo
2,900
300

1,350
700

11,300
400

100

750
6% preferred
3,300 Cuban Tobacco com v t c
22,250 Cuneo Press com
6 >6 % preferred
900
Curtis Lighting Inc com
""700 Curtis Mfg Co (Mo)

12,100
3,600
28,650
3,000
56,250
6,400
1,700
8,600

Darby Petrol Corp
Davenport Hosiery

Dayton Rubber Mfg new

3

3X

3X

IX

IX

3X

4X
90
X

IX
4X
94 X
X
ex
iox

87

X
5x
SX

ex
9X

4
IX
5
95 X

7*
12X

70
1

6X

Sale
Sale
% Sale
3
3X
2X Sale
9X Sale

23 X
7X

Class A

Derca Records common

A*

49

IX
SX

14X
IX
2X
80
IX
SX

17X
4X

1SX
Sale

IX
IX
73

3X
13X
1
2

4X
14
IX
2X
82

80

IX
9X

1

10X

nV*

J*
2

3

IX

2

9 X

Sale

X

536 Sale
X
34
236
2%
V/*
^
11
Sale
a

Sale

Sale

Sale

20

X

Sale

35
1

Dejay Stores Inc common. .
DennisonMfg7% pref—..100
Derby Oil & Ref com
*
A conv preferred
65
*

7%
14X
16
25
7

130 De Vilbiss Co common
M

-

-

"275
200

300

""300
"166

3X
47 X

3

2X

Sale

50

4X

4X
15

17

13

1336
27
5Vs
5

25X
5 %

4X
2

2X
45

7X
4%

5
17X
15X
30 X
Sale
5

IX
35 X

2X
45

4X
iex
15X
30

27
1

5536 Jan.
236 Apr.

6
6

2736 July
Mo July

21
6

6

16

22

25 36 July

Mi July
15X July

July

7

5X July
9X July
53 X July

14
12
24

24
26
53X July 24
6X July

11

July

14 X

1X
2X

July
77
July
IX July
83-1 July

82

IX
10

19
20
July 18
July
7
July 18
July 18
July 19
July 27

7X July

63-6 July
July
436 July
Mi July
2
July
IX July
936 July

20 X July

18

5X July
X July
2
July
2
July
11
July
July
July

1

X July
16X July
X July
SX July
2X July
47X July
110
July

24

July
July

4

July

18

Mo July
SX July
July

29
21
19
11
14

18
31

3

9

Sale

Sale

9

15X
IX

V/s

Sale

Sale
Sale

14X
15
IX Sale
IX
IX
1
IX
20 X Sale

22 X

24

a

2

2X
30

17X
IX

IX

IX

X

IX
24

ord reg.
£1
43,500 Divco-Twin Truck Co com—1
3,800 Dobeckmun Co common—...1
*
25 Dominion Bridge Co
8,700 Dominion Steel & Coal B—25
*
40 Dominion Textile Co com
100 Dominion Tar & Chemical...*
Am dep rets

1,800 Draper Corp

*

3,200 Driver Harris Co common—10
7% preferred100
1
12,366 Dubilier Cond Corp com
100
2,025 Duke Power Co
*
3,300 Durham Hosiery cl B com
1
43.500 Duro-Test Corp common
6.900 Duval Texas Sulphur

IX

3

23X

26 X

27

IX

2X

23X

22 X

4X
7

6X
5X

Sale

1

21X

_*

5

13 36 Apr.

3X July
July
13 X July
25 X July
5X July
5
July

12
5
6
11
18

15

2X Apr.
1
86
Mar. 31
IX Jan. 11
3
Apr. 10
84
Jan.
7
36 Mar. 23
5
Apr.
8
8X Apr.
3
5236 Jan. 11

1

Apr.
Jan.
June
Apr.

11
26
30
10

July

436
1536
336
1036

19

136 June 15
Feb.
3
36 Mar. 31
4
Apr.
1

74

4X Apr. 10
June 30
436 Apr.
1
X Apr. 25
2
Mar. 31

163!

13

11
30
24

4
28

22
6

July

136 Feb.
636 Jan.

4
3
15
1
4

92 Ma Mar. 24

Mo Mar. 22
4
936 Jan.
July 26
5536 Jan. 10
11

4
7
9
18

Jan.
Mar.

9
20

536 Jan.
1436 July
1J6 June
3 36 Mar.
90
Mar.
136 July
10
June

12
15
15

19
20

736 July

29

23 36 Jan.

3

J an.

16

9 36

3

10

14

36 Apr. 27
Jan.
6

36 Mar. 3
Jan. 21

11

Feb. 17
July 31

18

Mo Apr.
7
Feb.
2 36 Apr.
4636 Jan.

20

108
6

Apr.

4M July

736 July
5
July

3
12
18
27
27
18

2

13

336 July
1436 Jan.
9

Apr.

23 36 Apr.
5
Apr.

4X
2036
136
3536

136 Feb.
6
July 18
Me July 28

10

Jan.

19

436 Jan.
5634 May
110
Apr.

Jan.

10

July

95

May 19

136 Apr.

July

July
30 X July

20

Jan.

9

July

July

6

3

6

16

Jan.

16

11

Jan.
30 37
6 36 Feb.
July 25
814 Jan.
Apr. 11
83
July
Jan. 14
May 20 12136 June
136 Feb.
Apr. 12
Jan.
June 29 60

19

17

Jan.

Jan.

110

10

6»j

2936 June
7
X Jan. 20

15

18
28
27

7436 May 13
4X Jan. 21
14
Jan. 23

Apr. 11
Mo June 22

24

503-6 July

July

July

3
18

18

2

2

13-6 July
5X July

95

6

1M July 26
3636 Mar.
8

3736
13
15

18

Jan.

3
8

116 X
X

July
July

6X July

5
July
17X July
3X July
13 X July

17

4

July

436 Apr. 28
9
Jan.
4
9436 Jan.
5

8
6

% May
<
Apr.

71

July
IX July
453-6 July

11
15
3
3

1

July
July

120

3X July
95
July
IX July
4
July

9
4

Apr. 22
26

436
4X

4X July
83

11
7X Mar. 10

24

11
26
31

6
7

Mar.

3 X Mar.

3
8

Jan.

July
1X July
July

5
19
5

636 Mar.
2

11
16

21
17

35

Mi July
July
July

1

30

June 15

11 x42
11
31

136 Apr.
4X Feb.
4
Apr.
70
Apr.

July
3X July

3

9X Feb.
6
5936 June 30
536 July
5
55
July
5
81
Feb.
4
84
Feb.
6
7
Jan.
4
536 Mar. 10
20 36 Mar. 14
136 Jan.
6
336 Jan. 10

536 July
1
4336 Mar. 22
3 36 Feb.
2
37
Mar. 13
53 36 Jan. 12
55
Jan.
4
July
4 36 Jan.
1536 July
Mo July
IX Apr.

5
11
22
13

73

July
2X July

3

Jan.

10
15
6

4
29

736 Feb.

17

736 Jan.
4
1836 Mar. 29
17 X Mar.

11
8

11
8

Feb.
6
Feb.
1
Apr.
June 15

5

3036
7 36
636
28
236
36

11

July 27
July 27
Feb. 23
June 28

May 31
Apr.
4

July
July
IX July
IX July
X July
20
July

1
11
10
13
12
6

9X July 20
July 24
IX July
IX July
IX July 25
22 X July 28

26

11
20

28

9

15

16

IX

23
Sale
7X

July
IX July

4

9X

12" ~12X

5

9X

4X July
6
July

3
22

July

17

5

8

10X

UX

UX

11

July

25

IX July

12

6X July
6X July

29
26

12

July

25

7
Apr. 21
13X Jan. 24
1
June 19
1X May
1
36 July 12
1836 Apr.
24
Jan. 20
10
Mar. 22
14
Jan.
9
IX Apr. 11

936 July 20
July 24
Jan. 20
Jan.
4
Jan.
3
31 H Jan.
5
2936 Apr. 26

2036 Apr.
336 Apr.

2136 Feb. 21
636 July 29

6

Julv

30

8X
15 M

10

130
500

70

36 Jan.
58

236 Jan.
3
5
Apr. 29
736 Jan.
3

10

100
7% preferred
2,275 Diamond Shoe Corp com
700 Distilled Liquors Corp
Distillers Co Ltd—•

500

16",000

2X
47 X

35X

7X

1,200

5X
Sale

14 H

400

7X
15
Sale
27
Sale

4X

6% preferred w w.
20
2,500
18,200 Detroit Gray Iron Fdry com..l
1
6,000 Detroit Mich Stove Co
4.500 Detroit Paper Products
1
*
7,700 Detroit Steel Products.

1,500

12
11
7
11

79
8

.

3436 Jan.
4
Apr.
136 July

July

4X July
IX July
236 July
6X July
9
July

July
4% July
4 H July
81
July

6

3,900 Detroit Gasket & Mfg Co.-.-l

1,600

A*

50

100
*
5

700

«.

75
1 X

6X

300

«.

2'X

3X

3%
12

~2X

ex

Sale

10

5
*
1

July
July

X July

42

4X July
4X
4X
4X
5 X July
6X Sale
Sale
82 X
84
77 X July
Sale
118
USX July
USX 120 X 117
X July
IX Sale
X
X
38 X July
44
45
3SX
3SX

25

*
*

53!
16

4X

2,400

500

82

5X
77 J-6

Sale

'~5X "I'x

IX

26,000

275

July
July
July
5X July

55

79

18
1
5
5
28
28
18
14
21
12

2X July
4X July
5X July
83
July

Sale

IX

...£1

Am dep rets for ord stk reg-2,600
5
110,400 Creole Petroleum com
34,600 Crocker Wheeler Elec Mfg—

5X July

Jan.
9
Feb. 28
Jan.
4

14 130
!

5X Apr.
X Apr.
3436 Apr. :

37

8 >6

—

26
6

57 X July

Apr.
Jan.

110
62

29

11

Mi
IX

28
22

6X July

5X July
1
July 21
5
July 12
50
July 20
eex July
5
70
July
5
4
July
5
5X July 20
15 X July 18
Mo July 26
53

2

$4 preferred

23,800 Cooper Bessemer Corp com
3,300
S3 prior preferred
6,600 Copper Range Co10,400 Copperweld Steel com
11,100 Cornucopia Gold Mines
10,500 Corroon& Reynolds
2,160
$6 conv pref A

July
13 115
73X July
1
5
ex July
Mo July
26
July
27 47

4X July
IX July
2X July
6
July

*

100

July
Mi July
40
July

39 X July

41

70

X

14X

July
July

8X July

Sale
%

Sale

28

Highest
Sale Prices

4X
4X
IX Sale
2%
2%

35

""""25
$3 preferred
9,100 Consolidated Biscuit Co
271,400 Consol Copper Mines
5
32,450 Con Gas E L & P Bait com...*
series B pref..
780
100
1
22,800 Consol Gas Util com
5
11.900 Consol Min & Smelt Ltd

>

a

42

Sale

Sale

31

7,225
5% conv preferred
100
1
180,200 Columbia Oil & Gas com
100 Columbia Pictures Corp
Commonwealth & Sou Corp—
""W" arrants
131,900
1
5,475 Commonwealths Distiibut
5,900 Community P & L $6 1st pf.
Comraunity Public Service—
Common
25
15,675
1
7,300 Community Water Serv
Compo Shoe Machinery—
V t c ext to 1946
1
7,200
Conn Gas & Coke Security. -

5X
57 X

Lowest
Sale Prices

6

Sale

3X

38,300 Colon Development Co Ltd—
3,200
6% convertible preferred £1
31,800 Colorado Fuel & Iron warr
19,200 Colt's Patent Fire Arms Mfg 25
Columbia Gas & Elec Corp—

Sale

52

45

*

Royalty Oil

Sale
Sale
4X

7

6Ii

X
42 X

Highest
Sale Prices

68

Sale

Sale

50 X

Ask

U5X USX 112

113

6

Sale

X

11,600 Cleveland Elec Ilium com—
17,900 Cleveland Tractor com
_100
1,500 Clinchfield Coal com
27,100 Club Aluminum Utensil com.*
*
709 Cockshutt Plow Co Ltd

Ask Bid

Ts

Lowest

Sale Prices

July 31

July 1

Bid

~7X ~~8~
58

170,500 Cities Service common— —10
Preferred.
*
116,800
Preferred B
.*
13,400
Preferred BB
*
1,550
2,845 Cities Serv Pr & Lt $6 pref—*
4,785
$7 preferred
16,800 City Auto Stamping Co
*
800 City & Suburban Homes
10
1
2,050 Clark Controller Co
46,200 Claude Neon Lights com
1
1,600 Clayton & Lambert Mfg Co. ^

3.200 Cohn & Rosenberger com

.

Ask

Bid

STOCKS

Shares

Jan.

936 Mar. 31
30
Jan. 27
12 36 Jan.
4

836 Apr.

10
28

Mar. 22
July 25

136 Mar.

17

May 10
5
July 17
73 36 Mar. 8

64

17

0

Jan.
July

68

71

71X

72X

70

17
7

July

67 X

July
July

5

65

73

July

11

62

Apr.

19X

21

15

17X

16

18

16 X July

11

17 X July

14

10

Apr.

8

1X
70
X
2X
5X

12

IX July

21

136 Apr.

11

60

16
136
236
236

2036 Jan.

7

.

""606
800

200

5.300
80

7,200
1,100
3,150
1,400
50

3,500
450

575

75,000 Eagle Picher Lead Co
18,200 Eastern Gas & Fuel Assoc
23,000
13,350

6% preferred.
4

X% prior preferred

10
8

100
100

1,650 Eastern Malleable Iron Co. .25
*
10,000 Eastern States Corp com
$7 preferred series A
*
1,800
$6 preferred serias B
*
2,400

For footnotes

see page




53.

I X
65

IX
5

6X
14 X

IX

Sale
68

2X
Sale

IX
71

IX
Sale

1

IX

3

3X

7

5%

6X

Sale
Sale

7X
IX

Sale
n

12

Sale

24X

Sale

1

17 X
17

IX
20
19

i

16 X

11
iox

IX

Sale

Sale
70
72
X
1
3X Sale
6
Sale
IX

OX
IX
9X

Sale
n

1M

Sale
Sale

17 X

21

UX
UX

% Sale
14
15
13X Sale

July
July
July
July
July

7X July
1
July
7
July
16 X July
7X July
X July
UX July
11
July

11
25
~~
19

71

64

July

July
336 July
6X July
10

July
IX July
10
July

Jan.

24

72
2

11

x July 25
23! May 26

25

5

736 Apr.
1
Apr.
6
Apr.

1

21

July

26
24
29
31

736
X
13
13X

July
July
July
July

20
24
27
31

136 Mar.

Mar. 31

11

25
8
16
June 15
536 Apr. 10
Ms June 29
1036 Apr. 14
1036 Apr. 10

1

Mar. 10

Jan.
536 Jan.
7
Jan.

6
7
4

Jan.
3
Jan.
5
Jan.
5
Jan.
6
10
Jan.
4
136 Feb. 21
1936 Jan. 19
1936 Jan. 20

1436
1X
1236
2536

NEW

44

YORK

EXCHANGE

CURB

AGOREOATE

SALES

PRICES IN JULY
NEW YORK

In

July

Jan. 1

Shares

Shares

Price
Jan. 3
1939

EXCHANGE

CURB

Since

STOCKS

(Continued)
Par
22,300 Easy Washing Mach class B. *
2,700 Economy Groc Stores com—*

8,000
250

10,000
35,400
1,557,000
63,290
18,500
34,500
44,800
3,300
13,800

~2~, 300
223,000
9,600
1,700
""150
1,100

2

Edison Bros Stores
Eisler Electric

Bid

3 X

Sale

Lowest

Ask

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

254 July
July

Sale

17

16h
1

com

5

Electric Bond & Share

56 Ask Bid
354
256 Sale

Bid

IX

17
IX
Sale

*
*

60

1
«1

2

Electric Power & Lt 2d pf A__*

26

156
7X

156
Sale

5
24

456 July
17 56

July

27
25

156 July

7

156 July

July

7

10 56 July

1

70

61

July
5456 July

11

26
25
29

Sale

1754 July
356 July

12
31

156

o

Sale
Sale

Sale

$5 preferred
Electric Power Associates
Olftss Al

-

«

«

66

Sale

Sale

2H
h

Option warrants

62
52 56

454

5X

Sale

5356

256

59

356

354

62

July
6056 July

22

July
456 July

Electric Shovel Coal Co—

1,453
$4 participating pref
5,400 Electrographic. Corp com
13,000 Electrol Inc vtc

~i"66o
1,600
250

1

850

Elgin National Watch Co—15
1,300 Empire Dist Elec 6 % pref.. 100
16,025 Empire G & E 7% pref
100
7,360
8% preferred
100
5,665
6% preferred
100
1,100
6X % preferred
100
950 Empire Pow Corp part stk—*

250

750
250
160
30
200

8,300 Emseo Derrick & Equip Co—5
80,900 Equity Corp common
100
4,800
$3 conv preferred
1

300

12,000
1,500
3,500

50,800 Esquire Inc
1,000 Eureka Pipe Line
50
European Elec Co of Can—
9,700
Option warrants

300

500

174,600 Fairchild Aviation
8,400 Falstaff Brewing

9,100
1,000

500

10,600
8,200
5,400

~3",I66

25,700

300

900

200

20

250
550

2,825

125

5,400

3,550 Fox (Peter) Brewing Co

450

1,700
450
75
25

"""200
10

1,100

.

80

500
~

—

«.

—

—

15

140
240

2,100
410

Sale

63 54

62

64

68

Sale

63

61

Sale
63

66

68

6056

6656

68

61

22 56

25

27

61

2054

V* Sale

*

100
*
£1
.*
*

9,700 Gen Fireproofing com

510 General G & E $6 pref B
1
10,300 Gen Investment Co com.
100
$6 preferred
*
Warrants
6,400
1,000 Gen Outdoor Adv 6 % pref.. 100
1,520 General Pub Serv $6 pref
*
1,600 General Rayon A stock
*
19,600 General Shareholdings
1
$6 conv pref w w
3,485

190

1,450
6% preferred A—
-100
1,710 Gen Water Gas & Elec com— 1
1,900
$3 preferred
*
8,325 Georgia Power $6 pref
*
140
$5 preferred_. 4.
*
4,500 Gilbert (A C) Co com—
*

275
825
20

400

30

*

preferred

Gen Tire &

21

Sale

454
Sale

4X
654

150
400
20

2,200
600

375
900
800

2,400
225

1,800
850

1.800

74

10,500
1,000
13,700
350
520
625

2,500
200

500
300

75,1

1,000

.

1,070

Preferred

_..

*

*

96,000 Glen Alden Coal Co

*

3,400 Godchaux Sugars class A
*
Class B
*
6,100
190
$7 preferred
1
36,100 Goldfield Consol Mines
1,700 Gorham Inc class A com
*
1,450
$3 preferred
*
Gorham Mfg Co—■
New common
6,700
10
3,600 Grand Rapids Varnish Corp..*
25,400 Gray Manufacturing Co.
10
2,600 Gt Atl & Pac Tea 1st pref.. 100
20,950
Non-voting common stock.*
6,150 Great Northern Paper Co
25
12,400 Greenfield Tap & Die com
*

8,700

Common

25c

Grumman Aircraft Engineering
127,300
Corp common
1
3,200 Guardian Investors common. 1

153
600

6

1656
9 56
56
63

Sale

2256

Sale

19

24

19

1954

23

Sale

50

1,200
2,400

20

14

19

456
256
1456

756
17 X

856
18
Sale

7 56

8 56
1856

856
1856
1956

Sale
1856
Sale

1756
17 56
20

21

23

3556 Sale

1256
1356
8856 Sale
2
154

1756
1356

it*

Sale
22 56

18

21

26

22

24

38

40

38

13

14

15

1556

Hartford Rayon com

v t c

...*
5

56
17

%

Conv preferred

1

1

1

Ol&ss A

}|(

4,300 Heyden Chemical Co
450 Hires (Chas E) Co class A
7,600 Hoe (R) & Co class A
24,400 Hollinger Consol GM




page

53.

20
14
1
3

15

5

X July

17

10

10

1

18
5
1

6

1856 Apr.

3

4

Jan.

31

71

June

Feb.

2

5456 Feb.
5156 Feb.

2

73
74

7

56

11

28
31
28

13
22

2

71

Feb.

11

71

Mar. 21

2156 Feb.
6
Apr.
54 Apr.
2354 Apr.
454 June
1534 June

1

5
14 56
7

Xe
56

656
71

14

20

854 July
1956 July
2056 July
20
July
23
July

12
12
25
24
21

24

7
35

Jan.

22

Mar. 16

12

May

1

July 26
56 May 31

10 34

68

Mar. 11

1256 Mar.
90

9

Mar. 11

7356 July
954 Jan.
23

Jan.

23

Jan.

28
23
5
6

456 Mar. 9
2
May 27
15

656 Mar.
17
Jan.
10

4

Feb.

854 June
6
July 18
854 Mar. 11

3 56 June 29
156 Mar. 22
1056 Jan. 16

7

3
7

24

18

856 July
18 56 July
17 56 July
19
July
23
July

Jan.
Jan.

16

18
28

11
Jan.
9
Jan.
4
Mar. 13

Xe Jan.

Jan.
Apr.
Jan.
Jan.
Apr.
May
Apr.
May
Jan.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

18

20

1

30

1056
56
2856
854

5056
856
16 34

56 July

27
21

26 54 July

10
10
28

Xe May 22
956
756
1956
4 56

1456 July

8

Mar. 20
Mar. 20
Mar. 20

19

17

25

6

53

56 July
1056 July
56 July
67 56 -July
11
July
87
July
7356 July
2056 July
20 56 July

12

8

52

20

10

556 June 21
July 27
154 Jan.
3
2154 Mar. 7

24

June

7
1
3

1254 July
8
July
24
July
7
July
6 56 July
7
20
11

5

Jan.

1

18

July

Mar.

13

956 Mar. 11
1956 July 12
2056 July 25

Feb.

1756

17 56

1156

12

1156

62

60

56
48

56
60

15

July

26

15

July

28

85

56 July

5

1

Sale
1254

July
July
July
56 July

12
10
6
11

56
48

17
12

62

65

56

July
July
July

26
28
25

1756 July
1256 July
July
56 July

19
26
17
28

66

60

1556 Jan.
1756 Jan.

26

Mar. 27

29

34

Jan.

43

Apr.
Apr.

Mar. 20

Mar. 20'
Mar. 13

1254 Jan.
July
56 July

16

83
16

28

8956 May

1656 Jan.

28

11

Jan.

27

42 56 Jan.
56 Jan.

5

85

5256

5

2

8
3

6

Jan.

Mar.

19

4

8

1456 Mar. 6
July 17
Xe June 14
52 X Jan. 13
X
66

6

Jan.

13

'«< Jan.

6856
47
1

Sale

40

Sale

Sale

156
Sale

256

56

156

75

77

65

4956

51

5056

156
70

Sale

2

156
256

77

79

53

55

6256 July
July
56 July
154 July
69
July
36

50 56 July
100

554

656

7756

"7856

556
93

656
Sale

7
96

8

Sale'

556

356

30

32

556

656
Sale

5

2856
856

2956
10
9856
Sale
2 54

97

56
2 56

20

18

1856
21
656
856
1056 Sale
126

127

69 56
3756

Sale
3856
Sale

7

256

256

104

56

98
8

6

256
856

Sale
956

29
5
4

23

756
91

56
156
1456
20

4
Sale

656
456
25

856
95

Sale
2
15
22

5

4

33

456
35

5
4

2254
6
92

56
156
15
23 56
7

Sale
24

7
97 56

Sale
2

1656
24 54
754
956

Sale

106

Sale

156
15

Sale

3656
556
2

1556

107

3856
554
156

1556

61

156
56
156
456

63 56

154
56
Sale
456
.

4

1156

254
1456

67
56
6/«
156
556

70
1

56
156
556

1

6856 July
July
1
July
2 56 July
7856 July

5

6256
33 56
H
156
6256

40

52

July

21

4656 Apr.

20
24
29
31
10
17
21

9556 Jan.
4
Apr.

17

July
July
95
July
Xe July
156 July
1456 July

3
27
7
17
3

20

2 54
14

67

July

6

6

July
856 July
129
July
10156 July
3556 July
4 56 July

2

156 July

Sale

Sale
56
Sale

Sale
15

2

July

756
96

6

56
156
1554

6

24

10

Sale

3056

56
156
6

56
54
154
556

July
July
July
July

18
29
12

156 July

10

28

156
54
I X
656

Sale

556

Sale

256

9 56
356
756
854

Sale
454

656
356
756

9

Sale

25

7

2756
256

Sale
456
856
856

Sale

27

3

Sale

2 54 July
14
July

7

Sale

July
July
756 July
854 July
26 5-6 July

3 56
8

856

4 54
Sale

854

July

6 54

3 54

25

856

954

10

38

41

*

46

56
9

10
5

756
1456 Sale

756
3556
40

554
1456

Sale
37
50

6

15

1056

4056
46

556
1556

Sale
43

37

50

48

Sale

1556

July

756 July
July
July
556 July
1554 July

9

1

July

28

6
2

5256 Jan.

18

14 10254 July
8
656 Jan.
6
39
July
4
9654 July
12
83
July

20
5
29
31
10

8

Jan.

5

Feb.

6

37

Feb.

27

556) Apr.
356 Apr.

10
10

6

Jan.

5

10

•

7

556 May 16

Mar. 31

11

Feb.
Jan.

7
19

June 28

9856 Feb.

7

254 Jan.

25
27

July
July
July
July

31
17
24
17

3056 July
3
July
1456 July
7 54 July
454 July
8
July
856. July
2656 July
25
July
1056 July
4056 July
48
July
556 July
1556 July

31

154 May

154
856
154
63
56
54

2

Apr. 10
Jan. 23
Apr.
6
17

Mar. 20
Jan. 24

1

Jan.

4

Jan.

13
11

Mar. 15

8
30
7
11

22
20

24

12

7
18

31
25

Jan.

17

11
4

14

21

7

27

30

Apr.

19

45

Mar. 22

17

354 Apr.
1354 Apr.

12

8
5
9

July 25
Jan. 20
Feb. 15
May
6
June 26

Feb.

6

an.

9

256 Jan.

21

Mar. 31

14
10
11

3
6

Jan.

3

112
July
10956 July
5
July

Apr.
Jan.
Jan.
July

Jan

Jan.

40

Jan.

Apr.
254 June
14
July
656 Apr.
3 56 Feb.
67/s Apr.
656 Apr.
23 56 Apr.

22

18

Feb.

2254 Jan.
56 Feb.

Apr.

21

5

%

24
July
6
Apr. 12
754
856 Apr.
4
1256
124H Mar. 22 132
6956 Jan.
3 119
33
39
Apr. 12
456 June 30
754

1456
54
2956
10356
9556
454
31
14

33

20
5

23

2956

Jan.

254 Feb.
8056 Feb.

8

May 31

52

Xe Mar. 25
156 July
3
1356 June 20

71

156
%,
154
556

Jan.

354 Apr.
28

6

21
3
13
31
24

2 56 July
1456 July

65

91

1654 July
54 July
3356 July
112
July
10956 July
5
July
10
14

Jan.

7956 Jan.

5

75

2156 Apr.

7

July
July
July
July
July
July

July
July
July
July
July
July
July

7
19
10
1056
29 130
25 118
15 3856
15
656

July
July
July
July
July
July

14 56 July

454 July
24

31

!»«Jan.

July 28
Apr. 25
Apr. 10
Apr.
1
Apr. 29

5 10254 July
6 56 July
5
39
7
July
1
9656 July
S3
6
July
4
6
July
3 2 56 July
1

July

23
7

1456
Xe
56
54
54
3156 Sale
3154
3154
110
112
11156 112
11056
10856 Sale
10856 10956 108 54
3
6
4 54
556
456
2

28
5
28
12
11

6 54

656
856
9 56
956
12856 130
12956

3556
456

July
6
July
3556 July
93
July
81
July
3 56 July
29
July

.

see

6

27
17

*

14,530 Hazeltine Corp
*
11,60° Hearn Dept Stores common..5
2,653
6% conv preferred.
50
80,530 Hecla Mining Co
25c
3,100 Helena Rubenstein Inc
_*

For footnotes

27

July
July

3 54 July

Sale

1

*

25
*

com

Harvard Brewing Co
Hat Corp of Am cl B com

18

July
156 July
21
July
67
July
6856 July
68
July
67
July
68
July
26 54 July
8
July
9Xe July
28
July
556 July
17
July

85

56
65

5056

92

Hartman Tobacco

21

12

3956

58

102

10,000
2,200
16.750
9,800

12
12
29

83

*
625 Gypsum Lime & Alabastine..*

2,400 Heller (W E) & Co common..2
1,530
7% cum pref w w
25
550
7% pref ex-warrants
25
6,500 Hewitt Rubber Corp com
5

500

20
21

456
156
1356

Sale

200

1,300

1954
20 56

356
2 56
1456

17

17

7454

3 56
156
1356

40

1,700

50

64

10

Sale
156
1

*

8,800 Hall (C M) Lamp Co
1,700 Haloid Co
350 Hamilton Bridge Co com
50 Hartford Electric Light

17
11

756 July
2356 July
654 July
654 July
July
1054 July
56 July
6354 July
9
July
84 56 July
65
July

356
156
956

25

114,700 Gulf Oil Corp
2,370 Gulf States Util $6 pref
1,540
$5.50 preferred

11

10 54 July

7356

66

9

6256

Sale

300
200

6 54
656

66

22 56

Haverty Furniture Cos

8,930

8
23

—

10

1,100
1,000

Sale

Sale
68

Grocery Stores Prod—
200

56
6656
1056

Sale
1156
Sale
6854
Sale

56
28

3

35

1856 Sale
9
1154
% Sale
61
62^
1156 Sale

Rubber—

500 Gilchrist Co

"7",500

1956

1556

8

17

54e July

General Telephone Corp

4,600

200

Jan.

454 July 27
1756 Mar. 8
9
1956 June
Mar.
2
1
1256 Jan. 20
7256 Mar. 10
Feb.
6
65
356 Mar. 23
356 Mar. 23
2956 Jan. 20
5
556 Jan.

—

400

conv

Sale
756
24 56
Sale
756

%

1056
756
2156
6 56

Co of Great Brit

American dep receipts

$3

1154
754
2356
656
656

17
1156

1556

Sale
Sale

16
19

*

6956
Sale

456
1656

Sale

5

20

11X

-*

6556

66
6456
6256
2854
856
Sale
2854
Sale
1656

756
8
56s
56
2454 Sale

Sale

8X
18

6556

1054 July
1
July
1956 July
65
July
60
July
62
July
61
July
61
July
23 56 July
756 July
56 July
2456 July
456 Julv
1556 July

*

290
5 % preferred
7,500 General Alloys Co

9,000

2254
1-0 54

10

1

—

200

68

1

10 Gamewell Co $6 conv pref
1,800 Gatineau Power Co com

General Elec

1,000
2,000

1

156

63

5

Froedtert Grain & Malting
Common
9,300
Partic conv preferred
7,900
55,900 Fruehauf Trailer Co
1,675 Fuller (Geo A) Co com
3,500
$3 conv stock
1,300
$3 conv preferred

1154

1

59

Ford Motor Co Ltd,
Amer dep rets
40,300
Ord reg £1
1,000 Ford of France Am dep rets—

■

1156

Sale

*

56,000 Ford Motor of Canada cl A..*
Class B.
*
1,953

4,800

1154
156

Sale

7X

400 Ford Hotels Co Inc

"

1

62

1
Fanny Farmer Candy com—1
Fansteel Metallurgical Corp—
Fedders Mfg Co common
5
Fed Compress & W'house—25
Ferro Enamel Corp com
1
Fiat Amer dep rets
!
Fidelio Brewery
1
—

1056

20
50

10 X

55,000
10
2,400 Sire Assoc of Phila
138,900 Fisk Rubber Corp common—1
4,425
6% preferred
100
14,375 Florida Power & Lt $7 pref..*

3,300
13,700

7,600

10X
10X
IVs Sale

1

com

1

654 Apr.
Apr.
5054 Apr.
xlX May
xlX May
1456 June
3
Apr.
59

156 Jan.

__

1,300

~

*
1

256 Ju ne 29
1456 Apr.
8
15
Apr.

19

7

156

954
6856

Sale
Sale

$6 preferred

1

Sale Prices

July 31

July 1

Ask

RANGE SINCE JAN.

22

254 July
1456 July

31
14

4

65

156
54
154
656
23

36

5

18

Mar. 27

Mar.

3

6
17
May 17
Mar. 30
Jan.
July

Mar. 15
Mar. 14
Jan.
3
Jan. 17

556
2254
954
4 54
8J4
954
2656
26 56
1056
4156

4
Jan.
July 22
2
June
Jan. i 9
July 22
Jan. 20
July 21
Feb. 21

50

Feb.|28

856 Jan. 20
1556 JulyJ12

Aug., 1939]

CURB

YORK

NEW

EXCHANGE

AGGREGATE
SALES
In

PRICES IN
NEW YORK
CURB EXCHANGE

Since

July

STOCKS

(Continued)
Par
4,800 Holophane Co Inc common. _*
300 Holt
(H) & Co class A
*

100
50

275 Horder's Inc
750 Hormel (Geo

100

80

*

12

12?4
8%

7%

800

9,000
10,900
5,700

24%

*

5
*

69%
ZH

Sale

50

Am dep rets ord reg
£1
Imperial Oil (Canada)
*
Registered
*
Imperial Tobacco Co of Can..5
Imp Tob of Gt Brit & lrel__£l
Indiana Pipe Line
10
Indiana Serv Corp 6% pref. 100
7% preferred
100
2,575 Ind'polis P & L6%% pf-.-100

900

3,000
600
70
70

525

57%

Sale

11%

8*

6%

aW

Sale

2

8

7%

9

5%
4

24

13

7

8%

Highest

Lowest

Hughest

Sale Prices

Sale Prices

Sale Prices

12% July 13
7% July 24

24%
25%
2%
36% Sale

3

1%
24%

58% Sale

12* ii

If

July
July
July
July

July

16% Sale
17
16%
15%
15%
29%
31
6 % Sale

&

31

2% July

3

4% July
24% July

14%

Sale

15% Sale

14

15

14% July
16% July
29% July
6
July

15%

14%
16%

29

29%

16%
31%
6

6%

15%
16%
31%
6%

19

July
4% July
56% July

Sale

3

1

11

July

12

107% 108

Apr.
Apr.
Mar.
May

3% July
2
July
31
July

4

2%

57

14%

2%
14%
3%
51 %

18
3
5

2,200
2,100
1,030

100

Non-voting class A

7% preferred

1
.1

Class B stock new
900 Industrial Finance vtc

100

550

4,300

1

1

new

oy±

18

22

jury

zo

56% July

11

July
15M July
July
July
July
July
14
July
109% July

in
it*

July
July
July

13

108% 109% 108

2,700
3,800

1,900
"A" stock pur warrants
38,900 Internat Industries
100 Internat Metal Indus cl A

7,200

81,600 Internat Paper & Pow warr
114,500 Internat Petroleum com
*
7,100
Registered
—*
13,200 Internat Products common—*

9,200
400

3,200
100

1,700 Internat Safety Razor cl B
3,700 Internat Util class A
17,100
Class B.
3,950
$1.75 preferred
1,650
$3.50 prior preferred

300

2,500
450

350

600

1,100

15,900
34,100
1,800
3,970
8,000
10,000
36,500
6,400

6,700
300

650
100

.

700

1,900
1,000
6,300

67

68

23% Sale
18% Sale

22

23

15%

16%

13
28
26
27
7
12
14

390
470

50

100
10

260

700
100
200

1,400
100

m

"500

%
10

7*
17&

%
9%
%
18%
39

5%

Interstate Hosiery Mills
Interstate Power $7 pref
Investors Royalty Co
Iron Fireman Mfg com

*■
*
1
vtc..*

%
17%

18
Sale

1

4%
1%

%

%

1

—

21%

*

Irving Air Chute common
Italian Superpower cl A

*

6% pref

67%

%

Sale
Sale

68%

500 Lackawanna RR N J
97,100 Lake Shore Mines Ltd

2%
6%
11%
%
16%
15%
A

2%
1%
86

-

10",900
6,100
1,100
600

300

1,150
400

10

1
*

18

875
800

15,200
70
100
«

mim

—

650

11,900
300

17

July

2%
4%
1%
20%
21%
3%

July
July
July
July
July
July

37

%
17

17

%
16%
16%
%

Sale
1%

3

1%
92

Sale
Sale

11%

3
12
July 25
July 22
July 22
July 22

2% July
5% July
11

3

6%
11%
6%
A

July

21%

23%

115% 120

4% July
A July

16% July

17

18

"A

16% July
% July

18%
%

3%
1%

2% July
1% July

3% July
1 % July

25

89% July
94% July

93% July
99% July
104% July
28
July

26
26
26
25

27%

115% 120

July
21% July

115% July

4%
7

5
8%

5%
7%

5%
8

%
51

1

%

55

81%

40% 43
2% Sale
3%
3%
1%
1%
12%
13
8%
8%
14% Sale
10
11%

62

69
41

74

.....

11%
12
5% Sale

%
84
Sale

1%
2%

Ay'

A

1

July

71

62

July

1%

74

1%

4 4 iP

7%
9%

8%
Sale

8%
8%

9

Sale

8

55

Sale

58

9%
9
11%

59

45

12

12%

4%
37

5

2%

39%
38%
2%

8%

9%

A July
82

1%
2%

45

July
4% July
7% July
109% July

88% Sale

't* IS

1% July

13

_

2% July 21
1% July 22
8% July 28
8% July 26
July

9

55

28

25
14

18
19
18

115% July
22
July
6
July
7% July
109% July
% July

22

6
9%

10

90

25

Feb.

6

6% Feb.
56% July

6
11

18

10
3

30
11
25

29
27
18
12
22

9
July
10% July
9
July

28
18
1

2%
1%

6

3

Sale

17

41

3%

42

3j
11

17%

19

10%

14

9%

10%

10%

Jan.

Jan.

24

Apr. 28
23

2% July

8

Apr. 19
Apr.
8
Apr. 10
Jan. 11
15
Apr.
6
14% Apr. 11
A Apr. 13
4%
10%
3 %
%

2% Apr. 10
1% June 15

67% Jan.
78
Jan.
86% Jan.

4

71%
24%
21 %

%
4%
5%
4%

4% July

25
25
20
25
9
29
14
26
6
23
4
3
20
22

27%
27

2% Apr. 10

1%
1%
A
11%

18

21

% Feb. 25
10

3

Mar.

% Jan.
6
July 18
39% July 18
s3J May 25
4% Feb.
8
7
June 22
14% Mar. 23
7% Feb. 28
% Mar. 8
19% Mar. 8
21% Jan.
3
A Mar. 9
20

4% Jan.
2% Feb.

3
25

98% June

6
6
6

9 102 % June

5 107% June

17
Apr. 10
22% Mar. 27

4

39

Jan.

30

June 26

24

15%

July
July
Jan.
Feb.
Mar.
Mar.
July
Mar.

29
27
5
24
7
6
28
3

10

Jan.

11

73

Jan.

10

56

Jan.

38

Jan.

20
10

1%
2%
1%
11%
7%
8%
9

Apr.
Apr.
Jan.
Apr.
Apr.
July
Apr.

10
20
16
20
8
26
26
16

1

58% July

28

54

Feb.

47% July
12% July
4% July

17
6
3

47% July
12% July
6% July

17
14
14

45

Mar. 31

39

12
26
28

38

11% Jan. 23
4% Apr. 11

90

70%
2%
3%
1%
13%
9

13
16
9
13

13

47% July 17
12% June
8
7

Jan.

16

July
38% July
2% July

10

July
42% July
3% July

9% July

6

10% July

28

July

24

% July

24

10% July 12
July
5
17% July
6
1% July 27

July
% July
33% July
11% July
12
July
18
July
1% July

24
14
20
21
5
5
62

Apr.
Apr.
Apr.
June
June
June
22
Apr.
8
Apr.
11% Mar.
17% July
1 % Apr.

12

1% Feb.

6

25% July

27

23% May 12

25% July
22

27
9

July
July
July
July
July
July
July
July
July
July

27
19
17
25
28
27
24
13
18
25

10
Apr.
3
22% Apr. 26
7% Apr.
8
% Apr. 27

8

JA
7%

%
9%

J?
7%

J*
9

3

19%
11%

1

9%
10%
3% Sale
% Sale
31% Sale

2%
%
31%

2%
%
31%

2%
A
33

2

July
A July

3

31

31

July

3

11%

12

12%

12

13

12

13%

"1% "2%

2

A

"l% "~I% "1% "1%

525 Loblaw Groceterias class A._

July

Class B
13

5

Sale

..1

62,000 Lone Star Gas
,.*
61,800 Long Island Light common...*
7% preferred
4,675
100
14,650
6% preferred series B
100
6,000 Loudon Packing Co com..
*

89,200 Louisiana Land & Expl com.-l
660 Louisiana P & L $6 pref
4,500 Lucky Tiger Combination
10
600 Ludlow Valve Mfg Co
5,900 Lynch Corp com
5
88,500 Majestic Radio & Tel Corp
1
2,200 Manati Sugar opt warr
2,500 Mangel Stores Corp com
__1

9

Sale

1%
25%
20%
1%
7%

Sale
27
Sale
Sale
Sale

%

32%

%
33%

11
12%
24% Sale
8%
9
1
1%

13
12%
26% Sale
9

Sale

1%
«V/s
36% Sale
26%
28% 31% Sale
1%
1%
ly* o \*
5
Sale
5
4%
98
100
102% 104
%
A
A
%
31

26

32

•

29

31

Sale

*

% Sale
% Sale
2%
30
%

27%

32

1% Sale
A
Vs
2%
29
31%

19%

preferred

June 27

17

22

38%

1

8,800 Locke Steel Chain Co

5

Jan.

15% June 27

12 109% July

12
6
3
June 16

9
8

21

20

21%

23

5%

6

1%

1%

2

lS

2*'

2

12

'

5

17

3

July

24% July
8% July
1

32

July
July

27% July
1% July
4% July
98

27

July
% July

July

11

1% July

8

2% July
2% July

51% Mar. 8
7
50% Jan.
3% July 28
65

9

19
June 16
Jan.

15%
9%
%
7%
1%
A

Jan.

21
21
"

29
29
11
10
~

July

28

17%.May 24
11

34

May
July
Jan.
Jan.
Jan.
May

13
3
3
24

%
8%
3 %
%

15
24

9

15

Jan.

20

17

Feb.

Feb.

17
17

Jan.

13% Mar. 9
36% Feb. 24
9% Jan. 19
1% Jan.

Jan.
6
36% July
19% Jan.
3
32% July
1% July
1% Jan.
8
4% July 18
7% Jan.
89% Apr. 25 100% June
A Mar. 17
A Feb.
1
Feb. 20
1% Mar.
Jan.
23% Apr. 11 34

% Jan.

6

23

24

2

31

Feb.

11% Apr. 25

26

17

July 24

July
8
32% Mar. 31
2
Apr.
8
57

50% Sale

8

...

778,700 Lockheed Aircraft

7

4

19

July

38

7 % June
Feb.

17

16% Mar. 15
16% July 26
32
Feb. 23

112% Mar. 22 118% May
21% June 7 22
July
4
Apr.
1
6% Jan.
5% Apr. 11
9
Mar.
105
Feb.
1 109% July
% Apr.
4
% Jan.

July
July
July
July
July

70%
1 %

17

4% Jan.

11

4% July
1 % Apr.
20% July

34

12

18

Jan.

May
May
July
July
June
Mar.
Mar.
Jan.
Jan.
Mar.
Jan.
Jan.

11

18

9

4% Mar. 14
2% Jan.
9
31
July 26

28

% Mar. 9
6% Apr.
8
% Apr. 13

%

93
Sale

25%

July
July
July
July
July
July
July
July

5

Jan.

% Jan. 18
9% June 24

31

Mar. 31

July
July

16%

*

Class B

-> conv

12

19

31
18
18
10
10

2

3

16

69% Jan.
3
5% Mar. 13

8

Apr. 10
A Mar. 17

4%
2%
22%
22%
4%

7
14

Feb.

in

12

23

July 22
Mar. 22

3

12

24

71

% July
20
July
39% July

39

12

19% July

3

% July
8% July

17

18

% Mar. 11
% Mar. 31
A Jan. 17
8% Apr. 13
59
Apr.
8
20% Apr. 14

July
July
July

18/6

25

10

39% Jan.
1 112% July

22
28
20
25
18
13

13
14

Mar. 17

8

12% July

11
18
27

July
July
July
July
July
July

% July
8% July

8%

1,200 Lefcourt Realty com
1,100
Convertible preferred
*
63,500 Lehigh Coal & Nav
*
47,000 Leonard Oil Development--.25
11,800 Le Tourneau (R G) Inc
1
10,900 Line Material Co new
5
6,200 Lipton (Thos J) class A
2,700
6% preferred
25
*
2,700 Lit Brothers com

210
1

11

23

99

Sale

*

"

1

20

July
July

_

25

1

Class A

200

2,750

12

2%
6%
10%

98
37

100

36,200 Lakey Foundry & Machine. .1
90 Lane Bryant 7% pref
100
2,000 Lane Wells Co common
1

125

1,250
43,600
5,900
9,000

2%
6%

88

Langendorf United Bakeries—

-

7$

100

Koppers Co—
6% preferred
100
Kresge Dept Stores—
4% conv 1st preferred
100
Kress (S II) & Co spec pref. .10
Kreuger Brewing Co
1

150
200

""366

Sale

2%
2%
21% Sale
21% Sale
4
4%

16%
36%

A July

8% July
67

1%
1 %
A
11%

8

13% June
24

i»2Feb.

1,500 Kleinert (I B) Rubber
18,800 Knott Corp common
400 Kobacker Stores Inc com

4,400
11,600

Sale
Sale
21
3%

14
28

1%

2%

1%
20%
20%
3%

34
Sale

1

4,580 Kingsbury Breweries com
1
Kings County Lighting—
790
7 % preferred series B
100
1,200
5% preferred series D____100
30,800 Kingston Products.
1
14,700 Kirby Petroleum
1
24,500 Kirkland Lake G M Ltd
1
1,100 Klein (D Emil) Co common..*

75

8,200
9,100

%
8

%
8%
31%

Interstate Home Equip com._l

370 Kimberly-Clark

25

40

A

5%
8%

1,675

400

27%
3%

113%

400

2,500

Sale

7

14,800 Kennedy's Inc..
5
1,900 Ken Rad Tube & Lamp cl A__*

10

4,400

3%

140 Kansas G & E 7% pref
100
30 Keith (Geo E) Co 7% pref. 100

3,200

180

26%

1% July
1 % July

5% Apr.
14
July
14% June
15
Apr.
28
Apr.
5% May
5% May
5% Apr.
100% Apr.

New warrants

9,325
3,500
2,790

5,500

200

*
*

Jersey Central Pow & Lt Co
514% preferred
100
6% preferred
-.100
7% preferred
100
34,100 Jonas & Laughlin com
100
475 Julian & Kokenge com
*

525

4%

27% Sale

*

1

3

2%

*

International Vitamin

80,700 Jacobs (FL) Co
8,600 Jeanette Glass Co

800

•

1

%
%
11%
12%
70% Sale
21%
23%
18%
19%

*

•mm.-*.

m

"66% Sale"

1

25

3
,

A
8% Sale

100

31,850 Insur Co of North Amer
10
8,200 Internat Cigar Machinery
*
31,200 Int Hydro-Elec $3.50 pref—50

100

A

1

1

1%
1%

1%
1%
%

2%
9%
A
5%
8%
3%
1%

11

Sale

3% July
1% July
25% July

53

12%

Sale

19%

20

27

112% July
11
July
60
1
July
10
3% July
o

25

31
14
21
22
18

9%
7%
11%
23%
2%
34%
108%
9%

20

,4%

19%

26

36% July

Apr.
July
Jan.
Apr.
May
June
Apr.
Apr.
Apr.
July
Apr.
Apr.
Mar.
Jan.
July
Apr.
Apr.

7% July

3%
23% Sale
5% Sale
58
56%

2%

13% July 18
7% July 24
12% July 10
25
July 22

8

2

13

103%

13
22

7% July

3%

2

3

25

34%
111%
10%
57%
2%

8*

12%
4%
27%

July
July

Indian Terr Ilium Oil Co—

400

1

Sale Prices

54%

*

2,000
61,200
9,800
4,200
8,400
5,400
1,010
1,350

700

3%

13*

3% Sale
18% Sale
5 % Sale

*

125 Illuminating Shares Co A
Imperial Chern Indus Ltd—

"6,800

25

2

3 %

3

23%

50

12%
8%

37% Sale

35,200 Illinois Iowa Power Co
71,100
5% conv preferred
47,000
Div arrear ctfs

200

RANGE SINCE JAN.

Lowest

Ask
Sale

12

1
6,450
7% preferred stamped—100
400
7% pref unstamped
100
2,900 Hydro-Elec Secur common
*
16,500 Hygrade Food Prod
5
3,200 Hygrade Sylvania Corp
*

3,200

6%

,..5

800 H ussman-Ligo nier Co
3,400 tHuyler's of Del common

500

July 31

Ask Bid

Bid
11

100

—

9,700
1,200

Ask

*
*

300
5% preferred
1,450 Ilubbell (Harvey) Inc
94,600 Humble Oil & Refining..
16,800 Hummel-Ross FiDre Corp

550

Bid

*

A) & Co com
300 Horn (A
C) Co common
8,450 Horn & Hardart common

675

July 1

1939

Shares

JULY

Price

Jan. 3

Jan. 1

Shares
500

45

23

2% Mar.
% Mar.

2% June

4
28
27

31
5
9

9

13
4

9
3
7

31

Mar. 11

23\

July

1

'© 10

"2", 300
900

For footnotes

see

Communication Am dep ret.

page

53.




6%

6%

6%

25

6%

22

July

17

23

July

28

19

Feb.

17

5% Feb.

2

28

6% May 25

NEW

46

YORK

EXCHANGE

CURB

AGGREGATE

PRICES IN

SALES

NEW YORK
In

Since

July

1939

600

50

"""300
4,000
275

2,700

""'150
500
50

1,400
200
200

5,900
100
20

Bid

Par

STOCKS (Continued)
*
1,900 Margay Oil
*
8,100 Marion Steam Shovel com
3,800 Mass Util Associates vtc..,.l
10,000 Massey Harris Co common--.*
1
10,300 Master Electric Co
May Hosiery Mills—
950
$4 preferred
*
McColl-Frontenac Oil Ltd. 100
"4" 800 McCord Radiator & Mfg B._*
23,200 McWilliams Dredging com.-.*

Shares

1,700
1,300
1,100
2,100

4%
2

OX
17 V»

2Va

2X
7%

Sale

1M

2X
2%
5

17**

86
Sale

2

16**

IX
9X

3X

17

Sale

138

Sale

4X

14** July
2*1 July
2X July
5
July
17
July

5X

3X

3X

4

Sale
IX
30**
38

**
IX

**

1

Participating preferred---15
Metropolitan Edison Co—
$6 preferred
*
---*
2,200 Mexico-Ohio Oil Co
1
24.500 Michigan Bumper Corp36,500 Michigan Gas & Oil Corp-- - -1
2.50
3,100 Mich Steel Tube Prod
390

J*

4** July

Sale

36

18

%

Sale
2

IH.
36**

40

Highest
Sale Prices

15

14** July

3

July 11
27
2% July 19
5** July 18
19*4 July 28

6

55** July

6

53

July 29
July 18
July 21
July 18

14

18
IX
27
11**
7 143
5
1

July

7
8
28
6
5
6
31
29
22

4** July 18
27
July 28
4** July 18
67
July 28
** July
6
** July
1
2** July
2
37
July 19

13
12
19
5
10

July 28

July
July
* July

July

** July
1** July
36** July

Sale
2
39

100
200

400

700

2,000
13,800
300

& *1?

16

IX
5X

2H

2%

7**

8'

4X

6

3X

&
3X

3X
%
0%

5*« July
** July

4

3X
X
6X

X
**
Sale
7X

AX

.*

2,800 Michigan Sugar common
Preferred
3,200
Middle States PetroleumClass A vot trust ctfs
23,900

a

X

10

2%

*

4%

Class B vot trust ctfs
-*
27,300
57,300 Middle West Corp common.-5
Midland Oil Corp—•

mX

7X

&

3X

4X

14**
103
IX
8%
11
ix
39**

15**

13

Sale
2
Sale
12X
2
40X

93

6

1,100

$2 conv pref

Sale

Sai*
9**

Sale
3

July

19

12

350
800

2,000
—

m.

~

~

3,850
«»

•»

«.

1,400
30,750
140

—

-

60

870

1,600
3,000

5,300
20,100

17,000
400

1,200
400

200

760

1,500
150
500
100

15,200
3,500
500
50

1,200
400
m,

m.

—

"

2,406
500

2,700
21,100
600

2,050

50c
--10
Supply Co.*
Mining Corp or Can—_
*
Minnesota Min & Mfg Co— — *
Minnesota P & L 7% pref—100
Miss River Power pref
100
Missouri Pub Serv common. _ *
Mock Judson Voehringer. .2.50

1
66,900 Molybdenum Corp
3,300 Monarch Mach Tool Co corn.*
1
48,700 Monogram Pictures com.
3,900 Monroe Loan Society cl A—-1
800 Montana Dakota Utilities—10

15
96

**
7

9X
1

54 X
80

1
7X
ux
IX
Sale

1,775 Moody's. Investors partie pref
4,600 tMoore (Tom) Distillery Co__I
700 Mtge Bank of Col Am Shs
115,850 Mountain City Copper Co__5c
36,300 Mountain Producers Corp—10
900 ^Mountain States Pow com..*
100
530 Mountain Sts Tel & Tel

---*
7,100 Murray Ohio Mfg Co
9,800 Muskegon Piston Ring--—2.50
700 Muskogee Co common
- *
20
6% preferred
—
100

3X
14X

3
14

5X
20

Sale
Sale
Sale

2

IX
5X

28X
X*

2X
OX

9X Sale
12

11

3% Apr.
Apr.
3*4 Apr.
58
Apr.
*4 May
** July
1
Apr.
32*4 Apr.

25

22,900
81,800
7,300
11,150

50

preferred

(Del)---_1|
*
& Stores--.*

National Container
National Fuel Gas
Nat Manufacture

.4

National Oil Products

58 H

90

3X
nx

3X

4

nx
3X

5
10

7
7
6

3X July 22
% July 19
9** July 31

3** June 29
X Apr.
8
5X Apr. 10

7

3

7

IX

IX
IX

2X

6X

7X

29

**

30**
X

3**

Sale

6

Sale

7%
11**

8X
12

15** July 27
97** July 21
1
July 17
8
July 15

2X Apr.

Sale

300

3,100
mmwm

fca

*•

—

200

150

600

""700
3,200
4,700
100

"""130
2.500
m

^

30,675
2,600
28,100
7,300
2,600
8,300
12,600

$6 preferred

—

Nat Rubber Mach com

National Service Co.

*

Con v par tic preferred
National Steel Car Ltd
National Sugar

*

_*

Refg

425 National Tea Co 5)1 %
11,300 National Transit.

12-50
*
23,900 National Tunnel & Mines
40,700 National Union Radio com—1
*
7,700 Navarro Oil Co..
900 JNebel (Oscar) Co com
*
930 Nebraska Power 7% pref.-100
*
20,900 Nehi Corp common
10

_

1st

1

59** July

7

July 22
July 22 115
July 13
4% July 31
13 J* July 22
11X July 10

115
4

13**
Sale
Sale

19

Sale

10
7
6

21
28

20
20
31
5
17
1

13
13
7

10
17

5** July
July
1** July
2** July
July
169** July
32*4 July
July
July
5X July
4X July
5*4 July
1*4 July
135
July
10*4 July
13** July
20

31H

18
7
19
27
27
10
27
25
25
17
17
18
29
31
31
24

12

8

7

12

8h
X Sale

13

6

%

12X

35**
40
6X
7
12 X Sale
3 X Sale
30
33X

40 X

5**
11**
2**
31**

7**

OX
Sale

6**

13**
42
6
Sale
3X
35**

9
Sale
**6 Sale

15**

Sale

44

Sale

5**
12**
4

39**

Sale
Sale
4**
Sale

July
6** July
** July
8

13**
40**
5**
11**
3

35

11
11
1

July 11
7** July 18
** July 20
8

16*4 July 24

July
July
July
July
July
July

31
July 12
July 18
July 28
July 31

July

44

5%
12?*
4*4
39*4

400

m,

5
*

4,100 Neptune Meter class A
2,600 Nestle Le Mur Co class A
50 Nevada Calif Elec com

100
m.

•»

~

•»

75

100

2,075
mmmw--

170

1,100
900

3,700
2,800
2,800
100

100

750
400

560
110

3,500
200
240

29,500
1,825
170

4,400
800

2,300
10

3,500
200

2,300

70X
5

7% preferred

7X Sale
IX
2X
1
IX
13X
103

45X

*
100
—

5X
5X
X

84**

3

3**

If

Sale

91

3**

Ut

g

Sale
**

43

40 X

50

52

10**

11**

10**

11**

Sale

8

8X
IX

$
37**

48

13*
115

114

Sale
Sale

40

8**

Sale

"IX Sale"
12**

12**

July
July

3 ** July

** July
47** July
10** July

6
8
5

5**

6**

4

8

6

8

**

X

67**

21X
108**

21

Sale
Sale

Sale

IX
Sale

26

2X
19
Sale

N Y Pr & Lt $6 pref

8X
Sale

*
100
1
-

4**

**

1

5

Class A warrants
Class B warrants

27,700 Niagara Share Corp class B..5
Class A preferred
100
110
*
47,400 Niles-Bement-Pond com
800 Nineteen Hundred Corp B
1
5
20,800 Nipissing Mines

111
4

10**
52**

68**
24**

1

114

73
24

118

73?*
25**
120

Sale
11

53**

iH iH
i**

elH

69

73

22

25

24 3*

21
23

7X

8**

Sale

W
2

IX

A*
20 X

8

103

8** July
1** July
** July
12
July

4% July
5
July
** July

3
13
29

% July

50** July
11*4 July

5
6
3
17

3
18
13

8** July 22
1** July 17
1** July 31
12
July 17
July
July

21
19
25

14
18

5 J* July
6
July

25
28
** July 25

14** July
68** July

28 /14** July
5
76
July

July
4
July
10** July
51** July
1X July
65
July
24
July
1 ** July

24

8**
Sale

20
8

103

Sale
4

7**
4
16

8

Sale

82

6**

9**
4**

9**
4**

10**
5

18

Sale

7X Sale
87** Sale

Sale

X*
X
IX
2
5X Sale

5*6
lVs
4**
86

61

8**
IX

Sale

8X
Sale

**
1**
4**
88

Sale
7**
1**
1**

47**
7**

5*6
**
IX
1**
5** Sale

53""
8

1**'

Sale

8**
1**

July
July
July
July

4

Jan.

4
11

1*4 Jan.

A*

Jan. 14
Mar.
2

37

Jan.

Apr.

90

115

Jan.

116

5*4 Jan.
3*4 Jan.
2*4 Mar.
7
July
172** May
33 *4 June
31*4 July

Mar.

Jan.

Apr.

29*4 Jan.
24 X Apr.
June

5*1

Apr.
Apr.

135

Apr.
Apr.

10*4
14 X
9*4
70*4

Apr.

Apr.
Apr.

19
11

Xt June
9*4 Feb.
10
Jan.
33** Jan.
5
May
11 *4 Apr.
2*4 May
28** Apr.

10

9*2 July
4
July 14
17** July 19
5*g July 10
84
July 14
7
72
July
8
5*6 July
22
1** July
4** July 13
88
July 17
1
47** July
7** July 20
3
1** July

t»

X?6$
1*1

23
3
11
2

9)

25
16

July

17

July
July

May

6

Jan.
Jan.

25
20

91

9

10
17
10

29
3
11
10
11

31

July
5** Jan.

31

17
10

31
5
5

Jan.
Jan.

11

60*4 Jan.

4

i!

9

Mar. 21

13

4
5*4 Mar.
8** Feb. 28

2*4 Jan. 19
1*4 Jan. 12
15*4 Feb. 27
9
54 Jan.
July
Feb.

14
25

Jan.

9

Jan.

3

July

28
June 16
1
3*4 Mar. 24
Mar. 28
40
6

Mar. 11

15

May
Apr.
Apr.
Apr.
July
Apr.
Apr.

3

10
24

Jan.

3 116
50*4
78*4
5**

24
9
12
22
6
24
6

31

31
Mar. 10
June 14

Jan. 20
Mar. 8

6
40

18

20

Jan.

11

20

31

Jan.

9*4 Feb.
16*4 July
44
July
7*4 May
13*4 Mar.

Apr. 11
3
May 27
2X Apr. 10

76
July 18
24*4 June 24
H8*4 July 20
Jan.

8

3

Mar.

14

9

Jan.

6254 Jan.
154 Jan.

Apr.

80

Jan.

10

July

27

Jan.

23

Apr.
Apr.
July

2

Jan.

3

23

9

27
Feb. 25
June 10
Mar. 14

Apr.

106

June 10

Jan.

113** June

26

29

8

20
27

Apr.

17

Apr.
Apr.
Apr.
Apr.
Mar.
July
Apr.

8
8
20
27
25
22
8

Mar.

8

26
31
13
25
1
26
17
25
25
18

,

Jan.

24

10*4 July
July
July
i
7*4 July
87 X July
July
July
July
July
88
July
July
July
1*4 July

26

69

20

8

8

9

X Apr.
44
May
10*4 Apr.
4** June
7*4 Jan.
1*4 Apr.
** Apr.
12
Apr.
*4 Mar.
102
Jan.
35
June
78*4 Jan.
2*4 Apr.
4
Apr.
*4 Jan.
3*4 Mar.
36*4 Feb.

8

27

5
9
5X Mar.
1*4 July 29

Mar,

5

18

OX Jan.

Jan.

7

5
1

Mar.

23

Apr.
June

152

7

14*4 Feb. 28

June

3*4
14*4
IX
IX
5*4

12

Mar. 14

May 29
4*4 July 31

3*4 Feb.
9** Apr.

July
6
8*4 July 17
27 104** July 18
5 113
July 25
10

31

354 Feb. 24

1*4 Jan.
59*4 July

118?* July
4** Jul
12
July
55** July
1** July
75X July
24
July
1 ** July

115

110

13 X
3X

5** Mar. 8
1
Mar. 21

9*4 July

15** Jan.

Mar.

21

22**

Feb. 20
% May 15
** Jan.
4
2*4 Jan.
4
8
Jan.
9
** Jan.
9
4
May 24

95

109

Apr.
Apr.

\L Jan.

115** July 28 116
115** 117
.10%
July
3 45
42**
44** 39

3**

Sale

City Omnibus warrants..
10
N Y Merchandise Co corn--10

1,490 N Y Water Serv 6% pref—.100
10
292,000 Niagara Hud Pow com
5% 1st pref
100
9,035
250
5% 2d pref....
—100




14X

N Y & Hond Rosario M

For footnotes see page 53.

82

July 31
3*4 July 15
4
July 18

91

100

N Y

7% preferred
N A Shipbuilding Co—
Founders shares.
9,700
12,500 New York Transit

24.200
8.700

Sale

IX
IX
58 X
60
12 X Sale

1,275 New England Pow Assn com.*
6% preferred
100
18,950
125
$2 preferred
870 New Engl Tel & Tel Co
100
*
4,800 New Haven Clock Co com
*
11,800 New Idea Inc common
25
30.200 New Jersey Zinc
1
22,800 New Mexico & Ariz Land.
10
24,100 Newmont Mining Corp
*
600 New Process Co common
*
1,800 N Y Auction Co common
7,000
7,150
7,900
1,580
1,730

73X

84
3

*

preferred

3.400 Nelson (Herman) Corp

Jan.
Jan.

7*

X Jan.
** May 17

2** May 25
37
July 19

80

54** July

pref-10

300

.

*
*
*
1

National Refining com

8

IX June

National Power & Light—

4,025

12

93

Jan.

77

1

31
11
25

19

12

3** July
July
1** July
IX
2
2
July
OX
6** July
165
July
166** Sale
32
July
Sale
30
30
July
** July
5*9
**
5** July
Sale
4
3 ** July
5
July
5X Sale
** July
Sale
128
135
July
8 J* July
10** Sale
12
July
13**
12**
4X

19

20

18

4Va
12**

14

July

July

Mar.

6*4 Jan.

** July
July

X July 27

11**

aXH
Sale
95
Sale

5** Jan.
28

11

4

13
94

*\H
Sale

10
21

6

I

6

Apr.
8
2** Jan.
4
9
17
Jan.
4
Apr. 10
125
Jan. 28 150*4 June
6
5
July 18
3*4 Jan. 30
86
Feb. 10 101
June 16
14
Apr. 19 20** Feb. 20

Mar.

I

conv

iX*

55*4 July

May 29

93*4 Apr.
8
*4 Jan. 24
5*6 July 13
** June
5** June 30
% Feb. 17
2% Jan.
7

July
July
** July
7
July

16**
96

2
7

2** June 29
7*4 Jan.
5
19*4 July 28

May

i

$3

39X
Xt

OX Sale
5
5X

Springiilled Corp.-*

3,350

15**
92**
**

115

19,300 Nat Automative Fibres com_.l
1
50,900 Nat Bellas Hess com
National Breweries com
*
*
"""loo National Candy Co com
10,200 National City Lines com—...l

500 Nachman

.

88

8,660 Montgomery Ward & Co A--*
6,100 Montreal Lt Ht & Pow com

200

1,800
5,200

- -

200 Midwest Piping &

«.

—

*

$2 non-cum div shares
3,300
5,550 Midvale Co..
3,000 Mid-West Abrasive Co
25,400 Midwest Oil Co

5

2** July 12
2
Feb.
4
4** Feb.
8
14** Apr. 13

Midland Steel Products—

1,100

Mar.
Jan.

17

17

1

3 ** July

July
** July
4
July

4X

4X

17
12
19

Lowest

Sale Prices

3X July
27
July
3** July
62
July
** July

18

19**

4X

4X

Participating preferred
*
1,350
40,500 Merritt Chapman & Scott - — -*
6** % A preferred
-100
2,100
Common stock pur warr ts__
2,300
--1
93,700 Mesabi Iron
5,000 Metal Textile Corp com —-25c

4

92**
1** July
IX
9** July
10
136
146
July

17

17**

4% Sale
64
Sale

*

141

Sale

17 X

16

1

1**
9**

IX
10 X

Highest
Sale Prices

Prices

55** July

5
*

class A

2X
4X

16**
Sale
2X
5X
Sale

14**
3**
2X
4X
19 J*

16

15

Sale

* 130** 133

5,600 Mead Johnson & Co com

19,200 Memphis Nat Gas com.
2,435 Memphis P & L $7 pref
2,900 Mercantile Stores Co
6,500 Merchants & Mfrs

19

16

Sale

Ask

Ask Bid

Bid

Lowest

July 31

July 1
Ask

50

3,700
1,100

1

Jan. 3

Jan. 1

Shares

RANGE SINCE JAN.

JULY

Price

CURB EXCHANGE

Jan.

,

9

Apr. 10
Apr. 20
June
8

2

13**
4*4
22*4
9*4
91**

Jan.
4
Jan.
1
Feb.
8
Mar. 10
Mar. 15

82

Jan.

3

Xt Feb.

6

Jan.

4

2

6*4
90**
64**
8*4
1*4

Mar. 10
Mar. 10
Mar. 9
July 25
Mar. 2

AGGREGATE

PRICES IN JULY

SALES

July

1,100
5,600
1,750
5,400
1,900
940

500

300

1,500
580

280

300

8,200
700

2,900
400
975

1,100
720
80

50
100

19,200
2,600
1,475
4,100

"700
400

STOCKS

(Continued)
Par
14,700 Noma Elec Corp com—
1
1
52,700 Nor Amer Lt & row com
10,925
$6 preferred
*
13.100 North Amer Rayoncl A—
Class B common.*
6,600
2,785
6% prior preferred
50
*
3,500 Nor Amer Util Sec com
5
2,500 North Cent Texas Oil
12,000 North European Oil com
1
2,980 Nor Ind Pub Ser 6% pref---100
1,900
7% preferred
100
4,400 Northern Pipe Line
;
10
25
62,804 Nor States Power A
8,300 Northwest Engineering
*
15,700 Novadel Agene Corp
*

100

200

Pacific G & E 6%

1,400

""200

—

*
1st pref...25

Sa®!*
62%
23
2.
47
Sale

21

45

3%

%
5
Sale
Sale
30

12
16

29

73
32 i

Sale
Sale

10
Sale

41%

Sale
11
Sale

* 107% Sale
67
70
100
6%
7%
* 20% 21%

Pacific Public Service com—
1st

preferred

4%

7%
15%
33

Sale

Sale^

96

Sale
104%
5%
5%
10%
8%
16%
18
34
34%

Sale

Sat*

4

July
July
July
Juiy
July
July
July
P July
July
89% July
100
July
5% July
8
July
18
July
33
July

56%
14%
15%
43%

5
10
1%
12 ,65%
1
20%
7 20
7 46%
12
27
17
1 97
1 107
5
5%
6 11%
18
3

|58*

17

7%
8%
13% Sale
47
43 % Sale
107% 100% 110%
1%
1%
1H

17*

8
3%

7%
2%

7% July
3
July

106

July

Sale
30%

114% July
114%
105%
7%
17%

July
July
July
July
49
July
111
July
1 % July

240

200

7% Sale
3
3%

700 Penn Mex Fuel common—50c

50

1,400

""ioo
1,300
650

25
50
100

260

1,400
250

"l'.900
600
50

3,800
3,100
"

1,325
3,700
166,600
12,300
600

189,200 Pennroad Corp com
48,000 Pa Cent Airlines com
450 Pa Edison Co $2.80 pref
450
$5 preferred
3,900 Pa Gas & Elec class A
Pa Pow & Lt $6 pret
2,320
$7 preferred
8,650
1,450 Pennsylvania Salt Mfg
225 Pennsylvania Sugar Co
15,600 Pa Water & Power
3,700 Pep per ell Mfg Co
750 Perfect Circle

6,900
225
600

920
200

4,200
400

3,400

"MOO
200

2,800
100
"

1,700
2,300

1

550 Pitts Bessemer & L E RR

18
17

13
33
30

July
July

35% July
31% July

24
22

83

July

91 % July

5% July

5% July
22% July

14
3
27

89%
6%
22%

22

22

July

28

140

10

170

700
3,600

Pitts & Lake Erie RR

50

5

3%

25%

27%

0% Sale
6%
7

11%

40%
8%

41

Sale

37%
7%

Sale

2

1%
9%

106

147% 150

Sale

64

2%
Sale
Sale

4
Sale

149% 150
78

61

64

27

Sale

70

25%

26%

8

8%
6

5%

4%
4M
4% Sale
23% Sale
12
o

72%
27%

*

Providence Gas Co

*

com

$6 preferred

*

Jan.

Sale

4

Sale

8% Sale
33% Sale
13

%
2%

2*'
8

Sale

7

46%
6%

52*

48

Sat*

7
114

%
3%
8%

98

48

%
4%
9%

17%
1%
43
8%

3%
7%
5%

3%
8
5%

Sale

30

1% July
10% July

5 109

8

23

21
14
17

17
6

5% Apr.

5

20

Jan.

27

Jan.

27

Sale
1

Sale

July
9% July
36% July
12
July

July

1

% July
7% July

5

101

5

13
22

2%
8%
42%
11%
55%
7%
114%
%
10%

25
13
24
22
22

July
July
July
July
July
July 17
July 31
July
3
July 22

Sale

98

1%

1 % July

24

2% July

6

%
4%

%
Sale
10%

% July
3 % July
9% July

24
14
21

% July
4% July
10% July

24
25
27

10

19%
1%
38
8

o*

'

Sale
1%

20

17% July
1% July

2

July
July

28
18

8

Sale

4%
3%
8%
8%
5% Sale
94% 101%

July
%« July
3 % July
7% July

5% July
July

98

18
5

12
10
6

13

9% Mar. 3
July 24
July 22

35%
31%
108%
91%
7%
22%
101%

Jan.

11

July

14

Mar. 10

July
Mar.

27
9

7% Jan.
4% July

3

3

6

20

Mar.

41

July

13

12

Feb.

2

Jan.

24

9% July 25
% July 24
4% July 28
8% July 24
6
July 18
98
July 13

9

34% June 19
25 113
July
8
8
% Mar. 10

Apr. 19
1% June 29
Apr.
8
Apr.
6

38

July

18

17

65

July

20
30

*\*

Jan.

53

2
Apr. 19
2% Feb. 28
10% July 22

June 17

3

92% Jan.
Jan.

98

5% Jan.
4 106
July

3 109

Feb.

74

Jan.

17
5

58
Apr. 10
23% Apr. 10

Jan.

75
27

Feb.

Apr.
8 z!0% Jan.
Apr. 11
8% July
116% June 20 118% Feb.
29% July 10
30% Jan.
5% June
2% Jan. 24
9% July
2% Apr. 10
16
Apr. 10
36% July
10
Apr.
8
18% Feb.
8
2% Apr.
5% Apr. 10
Apr.
6% Apr.

July

46
6

12% Jan.
64% Jan.

1

16
16
22

24
22
23

20
4

4
Mar. 7
Mar. 16
Jan.

10% July

22

Feb.

7

2% Jan.

3

Jan.

3

Feb.

6

8

3*'

A*
102

Mar.

i*

Mar.

Apr.

io^

Jan.

Mar.

9

Apr. 21

23

3* Apr.
7

4

28

2% Jan.
3
8% July 28
Feb.
1

117

Apr.
Apr.
9
Apr.
101% Apr.
16% May
1% June
7

7

43

8

Apr.
90
Apr.
% Jan.
7% Apr.
8
Feb.
1% May

5

26
7
Mar. 11
Jan.

16

84% Mar.

7
5

41

31

June 12

Apr. 18 167

135

36

42
9

9% June 10
4% Mar. 13

11

% Apr.

9% July 11
8% July 28

5

8

24

12

29

July 18
July 20
July 21
July 31
July 25
July 12

30% July

10

21

Mar. 28

111% July

19
72
July 21
25% July
5

13

11
6
4

26 112
June 22
10
9
1% Jan.

68% Jan.

35

79% July

3

June 13

July

Apr.
7% Apr.

41

7 150

10

4
7
24

Mar. 16

5 106

25

June
Jan.

Jan.

1%

17%
1%
38%
7%

97

9%
Sale

2% July
7% July
41% July
7
July
46
July
7
July

Jan.

14

3

July
4% July
23
July
11
July

6

Mar. 16
June 24

16

65

4

Feb.

8% Apr. 27

38

29% July

29

May 16

6

12

5

July

26

July

28

18

77% July
63% July
25% July

5
9
14
June
8
Feb.

Feb.

July

21

6

% Sale

92

1

Sale

h* 10*

4% Sale
6 %
7
0%
7%

1

July
38
July
63
July
3
July
102
July
103 % July
148% July

8%

2

40

1% July
8

7

1%

35

July

1% Jan.
4

8 105% July
28
9% Jan.
11
17% July
6
49
July

2% Apr. 14
8
Apr.
31% Apr.
28% Jan.
104% Apr.

4

11 % July

14

17
6

July
10% July
19
34% July
25 113
July
7
% July

8% July

2% Sale

Sale

8% July
34

7

18

4% Apr. 11
3% Mar. 13
11
Apr. 17

5% July
4% July

15

Sale

11

,*•

Sale

25c

Corp
Prosperity Co B common-

1
6
6
12

9

%
7%

1

Producers

5

15

77% Sale

101

4%

July

111% July
%
% July

2%

2%

17* 17^ 10^.
2% Sale
1*
3%
3%

*

Pressed Metals of Amer

4
July
July
10% July

40

Sale
34

%

%

%

42

10%
33%

30

2% Sale
5% Sale
23
Sale

*
100

*

4% July
14

8

5

com

Investors

5

10

9

2%
2%
1% Sale

Pitts Metallurgical

Prudential

5% Sale
4

4

3%

1

11% Sale

Pittsburgh Forgings Co

9,000 Potrero Sugar com
29,500 Powdrell & Alexander com
550 Power Corp of Can com
First preferred
70
7,600 Pratt & Lambert
28,400 Premier Gold Mining

20

400

Sale

5

28

8 108
14 112%
7 115
27 114%

Sale

88
6

Feb.
Jan.

47*

13

Sale

50

Co
.10
Pittsburgh Plate Glass com. .25
Pleasant Valley Wine Co
1
Plough, Inc
*
250 Pneumatic Scale Corp Ltd—10
21,200 Polaris Mining Co
25c

300

3,900

%

8%

*
08% Sale
*
Sale
50 166
20
73
*
74%
69
Sale
100

1
44,800 Pioneer Gold Mines Ltd
45,400 Pitney Bowes Postage Meter.*

6,900
11,600
9,000
3,125
21,600
1,500

7%

27

7

16
27

9
%
%« Jan.
98
81
Apr. 11
87% Apr. 13 107
6
6
4% Feb.
12%
Apr. 11
Jan. 25
15
20%
24
Apr. 10 35%

15

*

*

2% Julv

16
Apr.
97% Apr.
98% June
28 zlll%Feb.
11 104% Jan.
6
97
Apr.
28
7% July
21
8% Apr.
24
35
Apr.
11
96% Apr.
3
1
Apr.

35

*

com

150 Prentice-Hall Inc

"Y.700

39

1

37,000 Pharis Tire & Rubber Co
9,200 Philadelphia Co com—
150 Phila Elec $5 div preferred...*
4,175 Phila El Pow 8% pref
—25
37,000 Phillips Packing Co
287,000 Phoenix Securities common—1
27,600
$3 conv preferred A
10
*
11,500 Pierce Governor Co com

36,500
5,410
5,700
37,800
4,900
12,300

35

—1

Pines Winterfront Co—

"6",500

14%

2.50

500 Penn Traffic Co

22,900
8,500

13%

13% Apr. 19
14% June 30
42% May 22
6
% Apr.

Feb.

1% Jan.
65% July
22% Jan.

17

31%

Sale

16

May 16
Apr. 10
Mar. 31

19

July
July

14
17

4

53*

99

106% 107
83%
85
5%
5%
20%
21%

Tubes com..
Pantepec Oil of Venezuelae

American shares
392,600
1,400 Paramount Motors Corp
10
1,400 Parker Pen Co—
7,900 Parkersburg Rig & Reel Co..l
Patchogue Plymouth Mills—*
1,550 Pender (D) Grocery cl A
*
Class B
*
16,150
3,200 Peninsula Telep Co com
240
7% preferred
100

Highest
Sale Prices

27

11

12

10

33%

8%
3

July 18
July 27
July 31
July 28
July 26
July 24
July 14
July 17
July 25
July 29
5
July
July 27
July 18
July 18

19
July
106% July

July
July
July
July
July
July
July
July
July
Sale
108
July
1 % July
1%

104%
102%
112%
112%
105%
7%
8%
Sale
13 %
48
43%

7%
2%

Lowest

125 Page-Hersey

26,500
1,100

1

Sale Prices

Highest
Sale Prices
4% July 18

Sale Prices

105% 105% 106% Sale
Sale
102% 103% 106
113% Sale

30

25

5%% 1st preferred
Pacific Ltg Corp $6 pref
Pacific P & L 7% pref

30%

a

102
Sale

Lowest

Ask
Ask Bid
4
4
4%
1% Sale
A*
57
58%
04% Sale
19% Sale
14% Sale
Sale
14%
15%
46
43
'3%
47%
%
%
Vs
3%

Bid

100

"4%

-

300 Pacific Can Co common

2,400

m
61 %
21 %

25
*
4,720 Ohio Brass class B
5,025 Ohio Edison $6 preferred
* 100
5,800 Ohio Oil 6% pref.
100 110%
3,180 Ohio Power 6% preferred —100
710 Ohio Pub Serv 7% 1st pref. 100
280
6% 1st pref.
100
9%
.5
1,000 Oilstocks Ltd common.
.15
12%
86,400 Oklahoma Nat Gas com
38
11,625
$3 preferred
50
Conv 6% prior pref
4,205
100 100
1%
18,500 Oldetyme Distillers
1
Oliver United .Filters B
*
1
>14
"3", 400 Omar Inc
*
\%
5,600 Overseas Securities Co

68,700
16,400
3.625
1,290
1,800

12,500

Ask

Bid

July 31

July 1

1939

Shares

SINCE JAN.

Jan. 3

Jan. 1

Shares

RANGE

Price

YORK

NEW

CURB EXCHANGE

Since

In

47

CURB EXCHANGE

YORK

NEW

AUG., 1939]

Jan.
June

17
5

Mar.

1

Mar.

2

5% Jan.

Jan.

6

ar.

5
8

ar. 10
7%
100% Mar. 9

5
Apr.
94% Jan.

Public Service of Clorado—

5,900
3,150

6% 1st preferred
7% 1st preferred

20,410 Public Serv of Ind pr pref—
14,080

$6 preferred

100
100
*
*
_ .

104% July
112

79%
43%

Sale
Sale

July

60% July
36% July

26 105% July
19 112
July
5

3

80% July
43% July

19
19
29
29

Apr. 18 105% Apr. 27
Feb. 20 112
July 19
80% July 29
44% Jan. 13
26
Apr. 11
43% July 29

104

107

Public Service of Oklahoma—

220

730

110

440

100

250

9,675

33,700
25,200

3,975

300

pref
100
7% prior lien pref
100
^Public Util Securities—
$7 part preferred
Puget Sound P & L .$6 pref—
$5 preferred
Puget Sound Pulp & Timb...*
Pyle-National Co com
...5
Pyrene Mfg
10

50

250

700

6,100

160

2,180 Quaker Oats com
6% preferred
2,680
850 Quebec Power Co

520

150

750

T666
1,300
400

500

2,300
100

1,100
300

5,000
800

99

6% prior lien

.1
33,300 Richmond Radiator com
Rio Grande Valley Gas Co—
Voting trust ctfs
1
6,100

Far footnotes see pege

53.




15% Sale

"5% "o%
"4% "1%

24

51% Sale
4
3%

5%

6%

Sale

65%
3%

Sale
4%
6%

5

150

152

154

157

15%

12

13%

38%
1%

41

4

Sale

5%

Sale
11%
12%
% Sale
4%
5
3 % Sale

1%
26

1%

J*
28

5%

16%

%

93

Jan.

3

101

Jan.

% July 20
24% July 28
66
July 28

8% July
6

150

3.

Sale
42
1% Sale
2
2%
27% Sale
12%
37%

'B

Sale
%
10%

8

4

4 %

5*

%a
5%

2%

2%

2%

3

%

%

July
July

21 125
6 156

July

15

July

26
3

%

12

July

1 % July
1 % July

27% July
7

July
% July
11
July
July
4% July
2% July

% July

6
7
6
17
25
3
18
7
12
8

14

10

14

24 103% June 12
June 14
31 110

%8 Jan.
14

14

.Jan.

18

Jan.

34% Jan. 12
4
May 22

8
4% Feb. 11
6% Apr.

21

25)

Mar. 11

66

July

28

5
12

Jan.

26

Jan.

19

7

June

5

10 125
July 31
148% May 22 158% Jan. 28
16
Mar. 31
18% Mar. 10

July 31
July 27

108

Apr.

11

9

July
•A Feb.

17%

%
9%

i

%

%

27

9

15

21

4

22
24

120

44

32

7% July
5% July

Sale

20

2%
5%

20
5
1

125

39
2

July
18
July
51% July

123

Sale

11

10

120

July

109% July

5 102

108% July

Sale
* 118
155
100 150
10%
17%
*

*
3,775 Railway & Light Securities
657 Rys & Util invest cl A com—1
Raymond Concrete Pile—
Common-..
*
8,150
$3 conv pref
*
1,150
Raytheon Mfg com
__50c
3,500
*
9,800 Red Bank Oil Co
*
9,500 Reed Roller Bit Co
»
4,500 Reeves (Daniel) com
50c
12,200 Reiter Foster Oil Corp
5
2,700 Reliance El & Eng Co
1
17,900 t Reynolds Investcom
*
3,000 Rice Stix Dry Goods Co

July

July

July

1 % July

2% July

25

24
21

27% July 31
8% July 28
July
11
July
% July
5
July
3
July

July

6
18
7
26
21

18

15

9

21

4
17

Jan.

4

33% Jan.
8% July

28

Jan.

2

5

Jan.

Mar. 31

1% Apr.

Mar. 11

2% Jan.

% Jan.
9% June 27
% Feb.
6
4

Jan.

41

12
Apr.
35% Apr.
1
Apr.
1% July
25
Apr.

5

12% Mar. 9
% June 21

11

% May 19

12

Mar.

4

7

% Jan.

3

Jan.

18

Jan.

5

%A% May 26

NEW

48

YORK

EXCHANGE

CURB

AGGREGATE

In

„

Jan. 3

CURB EXCHANGE

Since

July

Jan. 1
Shares

1939

STOCKS

Par

(1Concluded)

600
15,500

2,000

6,300
14,900
$1.20 conv preferred
1,900
4,800 Rossia Internat Corp.75 Royalite Oil Co Ltd—
7,850 Royal Typewriter com
4,600 Russeks Eifth Ave lnc
82,300 Rustless Iron & Steel Corp

200

1,300
400
200
"

1,350
400

10,600
250

800

150
200

7,700
75

4,000
500
100
400

5,500

"""240

Scranton-Spring Brook Water
Service $6 preferr ek
550
*
18,112 Scullin Steel Co common. .—*
Warrants..
26,500
4,100 Securities Corp Gen'l com

4,700
750
800

300

100
300

41,900
6,200
1,900
2,700

Sale

Sale

2%
7

X

iiH
40

Selected Industries..

5

1,410

6
Sale

66

IX
5X
X
53
4

3

8X Sale
443*

42

2

2X

X Sale

533* Sale
3X
4X
10% Sale
44

43

Sale

17

Sale

IX

2

2

Sale

9X

X
X
UX

10X
1

233*
93*
13*
13*
43*
3*
37

52

56

45

23

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

22

July

4

83*
433*
23*
3*
55

July
July
July
July
July
July

13 X

12

21X

22X

19

21

17

July

X
X

1

253* Sale

19

17%

163*

18

43*
103*

443*
23*
X
573*
3 3*
23*
433*
103*
13*
3*
133*

X July

13

9

93*
IX
1

23*
13*
383*
93*
3*
X

14

Sale

Sale

IX
33
Sale

6H

Sale

6

X
X
34 X
X
6X

7

X
IX

Sale

67
68

A
Sale

573*

X

6X
Sale
Sale
21
Sale

42

A Sale
8X Sale

%

4X
57 X

3

34

40

IX

93*

73* Sale
% Sale
13-s
IX

6
61
61

X
X
IX
IX
6X
7X
3X Sale
53*
5X
19X
20
863*
89X

7'
613^

63

62

63

X
X
13*
6X
7
3X Sale
63-*
63*
193*
193*
973*
993*
1

July 25
July 18
July 24
July 11
July
July 28
July 28
July 18
July 17
613* July 27
63
July 18

63* July
3* July
13* July
37
July
X July
63* July
113* July
X July
5
July
583* July
573* July

83*
%
13*
373*
3*6
83*
113*
3*
73*

25
*

_ _

300

900

100
Corp conv pref
—*
32,100 Simmons H'ware & Paint Co—*
1
7,100 Simplicity Pattern Co
-100
2,400 SingerMfg Co
Singer Mfg Ltd—
Am dep rets ord reg shs—£1
24,225
135 Sioux City G & E 7% pref. 100
100 Skinner Organ Co new corn-.5
75 Smith (Howard) Paper Mills.*
1
21,600 Solar Mfg Co
1
32,800 Sonotone Corp..
...
1
8,000 Soss Mfg Co
1
5,300 South Coast Corp com
.25
20,900 Sou Calif Edison pref B
53* % pref class O
25
15,500
5% original pref
25
2,980
2,900 Southern Colo Power cl A—25

""'20

7% preferred
100
230
320 South New Engl Telep Co. .100

100

700
520

2,100
4,200
2,000
2,600
2,200
1,400
80

1,800 Southern Pipe Line..
5,500 Southern Union Gas com

600
400

775

250

5,100

"2" 800

700
300
100

4,700
1.100
13,800
8,200

3,500
750
500
100

2,050
6,000
12,900
5,100
275

3,500
500

700
,

5,300
1,260
6,710
49,700
24,000
21,100
3,125
42,600
3,300
2,750
28,100

118,100
128,500
2,900

125

150

5,400

49,900
225

""350

150

1,500
700

5,500
800

"""200
1,100

22,866
600

500

900

3,300
11,200

2X

IX
IX

Sale

143*

Sale

IX

4X
84 X

Common...

$1.60

conv

155""

1

2X

4

5X
32 X

63*

...

20

preferred

Sale

X

lA
3

3X
2X
X

16 A
X

Sale

21 X

Sale

IX
ux

2X
13
Sale

1

20
104
Sale

IX

$7 preferred

(A) & Co com
*
1,750
63*% preferred
—.100
30
*
10,700 Sterchi Bros Stores Inc..
6% 1st preferred
—50
275
5% 2d preferred
—20
400
rling Aluminum Prod
1
14,300 Ster.
1
7,100 Sterling Brewers lnc
41,175 Sterling lnc
—*
7,000 Stetson (John B) Co com
.--.5
4,500 Stinnes (Hugo) Corp
4,500 Stroock (S) & Co Inc..
Sullivan Machinery Co..6,700
600 Sunray Drug Co com
97,500 Sunray Oil...
53*% conv preferred
4,300
13,000 Superior Oil Co of Calif

*

Taggart Corp com
Tampa Electric Co
Tastyeast lnc class A
Taylor Distilling Co.

11

July

21

July

15

20
15
25
21

2

6

53*

293*
193*

IX
9X
18

X
2X

Sale

IX
9X
Sale
Sale

10

103*
20
203*
106
107
X
%
X

24*

Sale

Sale

a

A
X
2X
23*
2
IX
X
.X
16 X Sale
23 X
223*

12

%

Sale
Sale
Sale
23*
Sale

293*

13* Sale

3

Mar.

2
5
7

593* Feb.
Jan.

6
3

13* Jan.

4

17

Jan. 11
13 3* July 25
273* Mar. 3

1143* Apr. 25
223* Jan. 17
27

8
1

11
30

29
27
28

28

Mar. 10

133*
13*
1X
373*
%
83*

Jan.
Jan.
Feb.

15

Jan.

1

X
%
13*
93*
53*

5

3
17
July 11
Jan.
7
Mar. 29
Apr.
4

93* Jan.
693* Mar.
70
Mar.
Feb.

May

4

3
9
9
16

9

June 21
20

Jan.

3

Jan.

9

Jan.

6

223* Mar. 10
1133* Mar. 13
1153* Mar. 7
Jan.

14
6

5

36 Feb.

93* Apr. 11
July 20
13* Apr. 11
13* Apr. 10

6

July

21

15

9
Sale

Sale
32
IX
IX

16

33*
IX

3

,

ii

23*

53* Sale
31

iix "l23*

IX
11

IX
12

16

July

11

97

July

11

Sale

173*

193*
43* Sale
163* Sale

July
July
July
July
July
July
45
July
13* July

July
July
July
July
29
July
28 J* July
44
July
13* July
156

33*
13*
143*
53*

293*
18

.

156

July
6
33* July 24
2
July 24

July
July
July
July
July
July
July
July
July

33*
14

2

26

13*
93*
123*
183*
153*
243*
1063*
X
%

3*
183*

Sale

July
13* July
3*6 July
163* July
233* July

153* July
6
July
313* July
19
July
43* July
30
July

22
13
24
17
19
1

X

Ja

"93*

Sale

July

July
83* July
X July
32
July
13* July

14

July
13* July

23* July 20
2
July 24
3*6 July 14
18
July 27
26
July 31

Jan.

3

84g

June

2
2
10
11
1
3

27

11
31

33* July
July

3
1

2

July

22

11

Mar. 31
Mar. 28

14'
20

Apr. 10
Apr.
8
2
May
May 31

9

47 * Apr.

11

Feb.

21

17
102

Sale

3X
3X
Sale

IX
10 X
Sale

3X

4X Sale
2X
3
3X
5X
X
1
8X
9X
6X Sale

3X

43*

Apr. 11
Jan.

4

May 5
63* Apr. 12
8
Apr.
153* Apr. 11

21

IX July

5

Apr.

5

153* July

11

14

13* July

18

13* May 10
733* June 26
10
May 25

July

3

133* July

15

3

July

5

43* July

13

5X Sale
23*
33*
33* Sale

83* July
53* July

83* July
43! July
23* July
33* July
5
July

43* July
July

30

19
1

36 Mar. 21
Jan.

16

33* Jan.
36 July
18
July
26
July

27
31

3

23* Jan.
123* Jan.
14
July
183* Mar.
153* July
July
July
Feb.
Jan.
Feb.

M Mar.
Jan.
41$ June

12
14

21
21

12
11

27
27
24
6
4
6

11
9

5

23* Jan.

24

153* July
43* Jan.

11

74

4

June 23
18

43* Feb.

8

23* Apr.

8

Jan.

13

13

7

Jan.

10

18
11

4

17

Apr.
8
23* Apr. 18
23* Mar. 31

20

5

83* July
8
July

24
22

July

2

Jan.
3
Mar. 11

13 X July
Feb.
Mar. 31 107

33* July
53* July

3

11
2

May

A™

Apr. 10
Apr. 11

12

June

9
53* Jan.
23* July 28
6
293* June
293* June 16
45
July 24

7

14

28

331

July

a9&
«

Jan. 17
June 30
59
6
27 1573* June 28
4
Feb. 28
33* Jan. 27
3
23* Mar. 10
13* Apr.
10
Mar. 2 153* July 22
5
63* Jan. 12
May
1
27
Apr. 11 343* Mar. 11
18
July
3 193* Mar. 28

June

&

7
10

Apr. 26

Jan.

105

"43*

17

Jan.

148

1

13* July
103* July
14
July
July
153* July
243* July
107
July
July
3* July
28
July
July
July
July
13* July

July
July
July
July
July
July
July
3* July

Sale

3*
363* Sale
13*
13*

13

22
18
14
11
14

13*
103*
113*
173*
183*
Sale
93*
Sale
203*
108
1063*

,}*

Sale

24

13*

6

36 Jan.

if Ig
3*

3

Jan.

4

&
173*

Jan.

June 14 219

164

a9X May
IX Apr.
13* Feb.
33* Apr.
13* Apr.
283* Jan.
273* Jan.
40
Apr,
13* May

23*
13*
53*
23*
293*
293*

23*
13*
43*
13*

July 20
2X Feb. 10

3

33* Jan.

15

3X Sale

July
July

42

65
161

Sale

35

15

Mar. 14

83* Feb. 20
5
63* Jan.
Feb.
3
4
4
Jan.
5
73* Feb. 27

Sale

353*

Sale

41

13
Sale

373*
42 X

1
.....*
.1

2X
31X
3*
X
15

2X
32

X
X
Sale

83*

93*

7

8

11

38

393*

41

IX July
353* July
40
July

3
3
17

23* July
373* July
July

42

24
7
12

43*

3
33*
323* Sale
5*6 Sale
3*
3

153*

14
1

13

23* Sale
36

33*

83* July
63* July

Sale

23*
313*
3*
X
a;143*

July
July
July
July
July

33* July
333* July
% July
X July
163* July

Jan.

13

May
Apr.
Apr.
Apr.
Apr.
Apr.

22
10
6
6
11
10

36

Apr. 10

6
23* Feb.
3
383* Jan.
453* Mar. 14

Mar. 14

42

13
4

"~X ~T

8*
,r
,v*
42

11
2

4X

—

23*
13*
53*
23*
293*
283*

60

43*

July

4%

158

33*

......

4

62

—15

Technicolor lnc common—

53*

133* July

16
16
July 20
2
13* July
3
IX Sale
2
13* July 22
IX
2
166
July 10 171
1683* 1703*

158

33*
13*

11
Sale

50
25
50 Superior Portl Cement A-...*
Class B common..
_„*
175




y*

25
19
25
100 101

Standard Products Go
.1
1
Standard Silver Lead
Standard Steel Spring Co
5
Standard Tube class B
1
Standard Wholesale Phosphate
& Acid Works
20
Starrett (The) Corp v t c
Steel Co of Canada ord..

152

13*

3X

17X Sale
6X
6X

1
*

1

18

Standard Oil (Kentucky).
Standard Oil (Nebraska)
Standard Oil (Ohio) com
5% preferred
Standard Power & Lt com
Class B common

2?*
13*
4
43*
IX
IX
293* Sale
283* Sale

30

12

10

23-8
13*

29

33

Stand Invest $53* pref w w—*

For footnotes see page

153*

97

563*
142
3

5

Stein

26,800
24,550
5,700
19,000
99,800

133*

Sale

3X Sale
IX Sale
53*
5X
23*
2X
28X Sale
27 X
27X
42X Sale
2
IX

25

Spanish & General Corp Ltd
Am dep rets ord reg shs—£1
Am dep rets ord bear
£1
Spencer Shoe Corp
Stahl-Meyer lnc com
*
Standard Brewing Co
—*
Standard Cap & Seal com.—1
Conv preferred
10
Standard Dredging Corp

800 Swan-Finch Oil Corp

3,400
3,000

IX
3

.10
850 So West Pa Pine Lines
4,400 Spalding (A G) & Bros lnc—1
5% 1st preferred
*
2,020

200

4,400
2,020

"4", 200

10
*
25

Preferred A

16,400 Southland Royalty Co..
17,800 South Penn Oil

1,400
1,700

200

12X

.—

10

3,300
3,500
14,900

12X

3

J an.

Pub

Simmons-Boardman

2,700

10X

5

43* Jan.
33* Jan.

3*
10
43*
8
52
May 16
54
May 20

Feb.

14
5

Jan.

3

65%

1073* June
103* Apr.

275 Sherwin-Williams of Can

Shreveport Eldorado
Pipe Line stamp.
100
2,800 Silex Co (The) common

X
43*
113*

J an.

63* Mar. 10
3
123* Jan.
443* July 11

3* Apr.
3* Jan.
13* July
6
Apr.
23* Jan.
53* June
183* Apr.
83
Apr.

13* July
73* July
4
July
63* July
193* July
983* July
1123* July

13* July
July
3
July
53* July
19
July
863* July
1083* July
7

71

June

Apr.
Apr.
May
Mar.
June
Jan.
July
Apr.
May

Jan.

20
7
7

Jan.

43*

3* Apr.
Apr.
23* July
13* July
37
May
93* July
3* July
X June
93* Jan.
183* May
1143* Apr.
163* June
Jan.

Jan.

63* Mar.

Mar.

53*
3*
3*
31

4

12
Feb. 27

23* Mar.

49

25

14

Jan.

■M

Apr.
33* Apr.
7
Apr.
353* Apr.
2

Apr.

243* July

July
Apr.
July
Apr.
Apr.
Apr.

21

123*

100

5% cum pref A A A

July
July
July
July
July
July

19

2X

13X
193*

19

243*
113*
IX
23*
53*
3*

July
July
July
July
July
July
July
July

Sale

IX
113*

1

11

Sale
X
573*
Sale

23*
X
56

55

July 28
Fen.
3

Apr. 21 105
Feb. 23 102

233* July
10
July
IX July
IX July
43* July
% July

„

53

33*
58 X

62
$5.50 prior stock
25
62 X
Allotment certificates.-Selfridge Prov Stores, Ltd
American dep rets
£1
400
1
13,700 Sentry Safety Control
2
200 Serrick Corp class B com
1
63*
*
6,400 Seton Leather com
5X
1
220,900 Seversky Aircraft Corp
8X
5
46,300 Shattuck Denn Mining
203*
7,900 Shawinigan Water & Power. Sherwin-Williams Co com—25 109
24,425

200

11
IX

Sale
11
2
2
2X
5X
6X
X Sale

2%

63

1

_

Convertible stock-

96

Apr
14 112
133* Mar. 3Q 15

14X

123*

23X
10X
IX

™

Sale

-

Segal Lock & Hardwardcom-.l
Seibevling Rubber com
:—*
Selby Shoe Co com

9X
IX
IX

49

42 IK
Sale

3

15

12

A
71

*

60,500
121,100
3,650
35,000
5,800
3,950
2,450

Highest
Sale Prices

112

114

U0X
153*

*

900 Seeman Bros common

100
200

100

2-50
1

Sale Prices
14 105
July 28

100

68

--

Lowest
Sale Prices

Highest

Sale Prices

1013* July

13

20
J

$2.50 conv pref
*
2,050
11,800 Ryan Oonsol Petroleum
*
8,500 Ryerson & Haynes lnc com—1
♦
4,325 Safety Car Heating & Ltg
800 St Lawrence Corp Ltd
*
— --5
111,500 St Regis Paper Co
950
7% preferred
100
1
34,500 Salt Dome Oil Co
7,800 Samson United Corp com—A
5
1,100 Savoy Oil Co
-*
4,400 Schiff Co com
25
34,800 ScovillMfg Co
*
10 Scranton Elec $6 pref
890 Seranton Lace Co common--.*

1,700
2,600

3,500
11,800

Rolls-Royce Ltd—
Am dep rets ord reg
£1
Rome Cable Corp common--.5
Roosevelt Field lnc
5
Root Petroleu m Co com

Ask

Ask Bid

Bid

Lowest

July 31

July 1
Ask

15

900 Roescr & Pendleton lnc

1,100

Bid

1,450 Rochester G & E 6% pf D..100
175
6% preferred O
100
Rochester Telephone Corp—10
63*% 1st pref---100 114

300

1

Price

NEW YORK

Shares
275

RANGE SINCE JAN.

PRICES IN JULY

SALES

Apr.

143* Mar.
53* Jan.

4

June 26

31
25

23* June 29
283* May 10
3* May 11
3* July
5

25

14

17
26

Mar. 31

Jan.

14

93* Jan.
93* Jan.

6
3
9

1

12

53*
363*
X
%
223*

June

Mar. 14

6

7

Jan.
5
Jan. 10
Mar. 24

Feb.
Jan

6
3

/

NEW

Aug., 1939]

49

CURB EXCHANGE

YORK

AGGREGATE

PRICES IN JULY

SALES
Jan. 3

Jan. 1

4,900
160

«...

-

"loo
3,400
_____

875
8o

130

"""300
2,800
2,900

2,400

.

100

10,400
2,850
70O

1,500
100

-

_

1,100 Ulen & Co series A pref

300

500

200

Ask

Series B

1,400

pref

10,100 Union Gas of Canada
600 Union Investment Co

_

4,600

10
*
*

com

33,400 Union Premier Food Stores.. 1
25 Union Traction Co
50
United Chemicals Inc—
5,700
Common
*

1,500
1,150
60,100
9,100

1,850
$3 cum partic pref
305,600 Un Cigar-Whelan Stores
30,700 United Corp warrants...,

40,400

170

*
10c

"UTarra rife

1,170 United G & E_7% P~r~efI"IIi66
149,900 United Lt & Power com A
*
94,100
Common class B
*
52,600
$6 1st pref
*
400 United Milk Products com
*

11,600
4,200
23,500
100
100

325

1,100

S3 preferred

..

l",400

...

6,000
4,700

52,800
Class B
.1
38,925 United Shoe Mach com.....25
4,060
Preferred
25
7,800 United Specialties common
1

1,530
900

6,900
2,800

51,300
13,600
8,400
14,200
5,400
10,000
7,000
9,600

600
400
800

800
200

»

-

-

20

910

1,700
2,600
16,200
1,200
4,900

1,600
25,100
700
4,000
1,850
15,500
8,350

100

300

1,350
400

3%

225
600

pref

conv

1st pref

Universal Consol Oil Co

400

2,300

19,300
1,275
12,100
36,600
870
2,800

300
500

2,000
200
200

Sale
'A
9

100

200

2,700
,

'

8,700
7,300
3,600
10,300

X
X
1% Sale
3X
3%
X Sale
7X
9

Sale
Sale

2%
7

l£j|
4%
4%

Sale
Sale

%

80
Sale

A*

Sale

20%
80

5%

7X

6X

8X
24%
2X
7

2%
2X
IX

Sale
3%
IX

22
2

13

14

2X
14%
2%

3X
15
3%

Xs

Sale

1

22% Sale
19%
24
65%
72
5

Valspar Corp common
$4 conv pref

5
8

Julv

3

July

7

2%
3%
1%
2%
1%
1%
14% Sale
2%
3%
17% Sale
2%
3%
6%
1%

6%
57%
Sale

2

Sale

87

Sale

15

%
1%
1%
29%
21

Sale
90%
Sale
Sale
Sale
22
Sale

70

69% Jan.
94

36

2%
2%
1 %
14%

July

3

5% July
49% July
% July

Xs July
1%
81%
%
86%
1 %
%
22%
21%
70

6
13
7
5

July
July
July
July
July
July
July
July
July

July.
1
July 18
July
7
July 26

17% July 31

10%
Sale
79%
80%
43% Sale
2%
3%

10%
1%
86%
48%
2%

10%
Sale
Sale
Sale
3%

6%
56%
1 %
%

July
July
July
July

28
25
28
28

2% July 24
89
July 28
% July 18
89% July 28
1% July 24
1% July 27
32
July 26
22

10% July
1% July
80
July
43% July
2% July

July

19

70

Xs July

5H
%

Sale
%

10%
1%

3%
%
Q

53

"iX "lH
27 X

3%

,%

Sale

1%

1%

4% Sale
Xt Sale
61%
62
1%
1%

July

31

Sale
Sale
4% Sale
2%
2%

11%
24

2%
1%

12%
Sale

3%
%
53
1%

13

14

12

24

Sale

24

2%
1%

2%
Sale

3
1%

105% July 31

July
July
July
July

7

July
10%
1 %
87%
49%
3%

Jan.

11
8
1
7

4% July
% July
62
July
1% July

2

July
July

2% July
1% July

17
1
,

6
1

15

45

June

81

98% Apr.
105% Apr.

108

%
1%
2%
Xs
7%

Feb. 14
July
Apr.
June 13
May
'

Apr.
2% June
1% Jan.
11
Apr.
1 % Apr.

8

21
29

Jan.

X*
1

13
6

Sale

1

2% Sale
16

3%
16%

17

3%
14

8

7%

Sale
16%
Sale

19

% July
July

Xs Sale

Xs
1%

1% Sale
15

July

22
5

1-

.

1% July
16% July
3% July

24
14

7% July 31
July
6
% July 20
54% July
5
15

% Sale
49
Sale

55

Sale

%
61%

1

Sale

2 % July
1

1%

43

46

%
Sale

1%
52%
Xs
1%

%
%

1

%
17

100
2
27

Sale

27

Sale

30

Sale

1%

9X
Sale
Sale

*

*
.100
*
*

1
5
1

3

10

24
31

11

Apr.

1%

1%

1%

1 % July
24% July

5
13

July

17

19
19

50

% July
July
8% July

6
13

1
28

5
July
7% July

17
12

July
July
July
July
July
July
July

1

24%

22

21

24

21

3%
6%

Sale

4%

5

3 X July

6

Sale
7 '

July 31
July 26
July 20
July 26

12
7
11
12

%
16%

23

%

24

July
July
July
July
48% July
8% July

Xs

24

8%

7%
17%
%
63%

25

July

21
7
3
29

Xs
1%

25

7%

4

Feb.

1% Apr.

6%

6% July
1

54

22

7
24
17
10

19

Jan.

26

13% Apr.
6
% Jan. 17
47% Apr. 26
1% Jan.

30

July

13

1

42

Apr. 17

July
1% Apr.

Mar. 20

23

73% Mar.

8

6% Mar.

8
28

7

10% May 31
1%
87%
49%
4%

July
July
July
Jan.

1
25
28
4

Jan.

5

1 % May 19

2% Apr.

6

28
19

38

% July 22
% Apr. 25
1% Apr.
8
14% Jan. 24
3
Apr.
8
12
Apr.
8

18

Jan.

68

Apr.
1 % Apr.
28% Jan.
10% Apr.

14
13

6

6% Jan.
5
% Feb. 16

% July

3% Feb. 23

July
July
July
July

20

2% Jan. 20
36% Mar. 9

Jan.
25 242
7
Xs Jan.

19

2% July
1 % July
July
% July
1% July
% July
% July
20
July

19%

26

12
% Mar. 14
X Feb. 25

10% Apr. 25
July 12
Apr. 10
Mar. 20
Xs Apr. 12
38% Jan. 24
6
Apr. 15
1

20

20

3% July
1
5X Mar. 26
74% May 11
% May 19
4% Apr. 25

June 10

16%
27%
4%
2%
%
6%

Jan.
Mar.

5

Jan.
Jan.
.Tan.
Mar.

% IJune
9
June 16

1%
2%
17%
4%

Jan.
5
July 25
Jan. 10
15
May 26
9% June
1
19
Feb. 28
1

June

63% July

6
26

2% June 15
4
13
Xs Feb.
2
1 % Feb.
6
Xi Jan* 11
% Jan. 12
20
July 29
2% Jan.
54
Mar

2% Jan.
30
28

5

Jan. 17
Feb. 20

% Jan.

5

53

Mar. 11

9

Mar. 22

7% Feb. 18
9

Feb. 24

74% May 11
1% Mar. 19
6% Feb. 28

12
4

1

1

4%
%
1%
12%

4%
%
1

13

5

2%
2%

4%
3%
2%

3

3

12%

4

2%
3% Sale

2%
3%

12

1%
5%
%
1X
13%
4%

July
6
July 19
July 27
July
3
July
7
July 29
July
6
July 11
July 10

13

36

1

Wellington Oil Co common
1
19,100 Wentworth Mfg Co.
1.25
20,300 Western Air Express Corp
.1
Western Grocery com
.20
Western Maryland Ry—

Sale

Xs
1%
2%
17%

July

6
13
11
26
1
3
3
12

1

50

18

%
4%
%

_*

Us Sale
X
X
a

20

X Sale
8%

1%
54
%
1%

5

6% July 28
56% July 25
1 % Jan.
3

89% July

27

Jan.

5

Mar. 15
Mar. 23

4
92% Mar. 11
% Jan. 21

50

21

13% Mar. 10
38% Mar. 10
3% Jan. 20
7% Jan. 11

Xs Jan.

Apr. 10

3

6
9
5% Jan.
6
% Jan. 20
8% June 7

7
Mar.
3% Jan.

Apr.
Apr.
June

2% Apr. 12
27

% Apr.
2% Jan.

17% July 31
2% Jan.
3

7** 3vEr.

Jan.

18
11

2

Feb. 27
% July
7

Jan.
Xs July

8
23

3

3% Apr.

July
June
19
Apr.
20% Feb.
69% Jan.

12

Feb.

14% June 19

12% Jan.

1%
74
%
80
1%
X

Jan.

1% Mar.

5% Jan. 18
3% Mar. 17

2

38

17

July
114% July

7
Apr.
8
19% Apr. 11
2
Apr. 11
6
Apr. 10

42

14
July 25
25% July 15
2% July 19
1% July 18

Jan.

May 31
5% Mar. 10

9% Mar. 17
1% Jan.
3
72
Apr. 14

12

5

63

2

13

July
July
July
July
July

Jan.

4

18
July 27
15% Jan.
4

60
Feb.
4% Apr.

5

29

16
24

Jan.

2% May
8% Apr.
10
Apr.

237

10% Sale
1% Sale
85
Sale
43
Sale
4
4%

Sale Prices
24 100 X July 15

2% Jan.

Sale

&7

July
July
July
July

%

Xs

Weisbaum Bros-Brower Co

6

2%
2%
1%
13%

%

X
1%

Wayne Knitting Mills

28
31
17
22

July
July

X

X

1

Class B
Walker Mining

11% July
July
2% July
7% July

8
2

6%

%

5

Virginia Pub Serv 7% pref. 100
Vogt Mfg Corp
*

11
13
18
24
5

23

2%
7%

5%

3%

—5

% July
1% July
3% July
% July
8
July

11
1
3
1
5

Sale

6

13%

Van Norman Mach Tool com.5
Venezuelan Petroleum
1

% July
1% July
3% July
% July
8
July

25
18
11

Sale

%
X

1%
VA
81%
84
X Sale
84
85%
IX
1%

11
56% July
13 108
July
15 114% July

11%
2%
7%

Highest

Sale Prices

14% Mar. 17
1% Feb. 20
51% July
107% July
111% July

36

55

50

X

7

com

Lowest

Highest

14%
1%
56

1%
1%
3%
3%
% Sale
7%
9

5X Sale
46

1

8
com
1
Universal Products Co.
*
Utah Idaho Sugar Co.......5
Utah Pr & Lt $7 pref
*

400 Wahl (The) Co common
1,100 Waitt & Bond Inc class A

200

13%
1%
55%

„

a

Sale

Universal Pictures

18,400 Waco Alriraft Co...
17,400 Wagner Baking com v t c
10
7% preferred

1,500
900

52

10

Universal Corp v t c.
Universal Insurance

Corp

IX

IX
49

*

15,300
Conv preferred
85,000 1 Util Pow & Light com
Class B common
12,500
16,650
7% preferred

4,550

2,100
1,100
3,000

$7

5,200 Utility & Ind

2,200
7,900

200

10
1
20

16

13 X

16
82
Sale

44 %
1% Sale
% Sale

X
75%

Lowest

Ask Bid
Ask
Sale Prices
Sale Prices
93
100% 100%
89
96
July 11 100% July 15
105% Sale
102 % 104
102% July
105% July
Sale
3
3
2%
3
2% July
July
11
10
16% Sale
18
10% July
July
13
12%
13 % July
10% Sale
10% July
3
1%
IX
62
67
62
62
62
July
July
4%
4% Sale
4% July
4% July 25

Bid

d'4

4%

3,000 Utah Radio Products com
9,700 Utility Equities com.
6,925
$5.50 priority stock
.._.*

1,200

400

conv

3
67

8,900 United Stores Corp new com 50c
33,800 United Verde Extension.
50c
66,700 United Wall Paper
2

150

1,300

U S Playing Card com
U S Plywood Co common

U S Radiator common
1
6,300 U S Rubber Reclaiming.....*
1,700 U S Stores Corp com
*

400
mm.m

U S Foil class B
*
U S & Internat Sec com.....*
1st preferred with warr....*
U S Lines Inc pref
......*

$1.50

Sale

42 %

*

3,600 United Profit Sharing com.25c
10% preferred
10
32",500 United Shipyards class A.
1

"

15

Sale
2% Sale

United Molasses Co Ltd—
2,400
Am dep rets for ord reg
110 United NJRR& Canal...100

„

94
Sale

13

200 United Elastic Corp
*
259,500 United Gas common
....1
26,470
$7 1st non-voting pref
*

18,400
3,200
8,300

Sale

5% Sale
3
5%

7,200 Unexcelled Mfg Co Inc.

July 31

July 1

1939

STOCKS (Continued)
Par Bid
17,125 Tenn El Pow 7% 1st pref--100
70
800 Texas P & L 7%
87
pref__
100
21,800 Texon Oil & Land Co
2
3%
15,600 Thew Shovel Co common...-5
14 %
19,000 Tilo Roofing Inc
15
1
200 Tishman Realty & Oonstr
1%
*
325 Tobacco & Allied Stocks
._*
57
33,100 Tobacco Prod Exports
4%
*
Tobacco Secur Trust Co Ltd—
1,800
Am dep rets ord reg shs
£1
1,700
Am dep rets def reg.
IX
5s
8,950 Todd Shipyards Corp
77
*
450 Toledo Edison 6% pref.
100 101%
370
7% preferred A
100
Tonopah Belmont Devel_..10c
11", 500 Tonopah Mining of Nev
1
21,100 Trans-Lux Pict Screen com..*
2
28,800 Transwestern Oil Co
10
5%
20,400 Tri-Continental Corp warr.
%
1,700 Trunz Pork Stores Inc
*
7%
Tubize Chatillon Corp —
12 %
76,000
Common.
1
9,000
Class A
36
1
9,100 Tung Sol Lamp Works com..l
2h
6,100
80-cent div pref
e%
-*

Shares

2,700
7,400
3,700

RANGE SINCE JAN. 1

Price

NEW YORK
CURB EXCHANGE

Since

July

5

48

July

27

32

Apr. 10

50% Jan.

4

12

July

8

13% July

21

10

Apr.

15
10

Feb.
Jan.

6
9

98

July
1% July
6% July

24
24
27

86

Jan.

4 100

June

1% Jan.
7% Mar

8
5
24

6% July
8% July
2
July
7% July

17
28
17
17

7% Jan.
8% July

3
28

Jan.
Jan.
Jan.

6
4

4%

%
1

12

4%
2%
2%
3%

1

4%
%
1%

4%
4

2%
4

July
6
July 19
July 25
July 10
July 12
July 13
July 14
July 13
July 24

Feb.

1

Apr.
3%
2%
2%
2%

13

Apr.

Apr.

Feb. 28

1J4 Jan.

8% Jan.

.

May 12
Mar. 31

7

July

12
5% Feb. 23
5
Jan.
5
3% Mar. 14
4% Jan.
5

.

130
550

580

Common..
1,450
650 Westmoreland Coal Co
Westmoreland Inc
West Texas Utilities Co—■
1,490
$6 preferred-13,800 W Va Coal & Coke com
2,800 Weyenberg Shoe Mfg Co
Wichita River Oil Corp

17,300

Sale
16

IX Sale
5X

6

10
(formerly Venezuela Mex Oil)
._.*
Htg_. *

2h

3

8%
8X

8X
Sale

11,400 Wilson Jones Co com
1
1,400 Willson Products Inc
330 Wisconsin P & L 7% pref..100
3,100 Wolverine Port Cement10
24,100 Wolverine Tube Co com
2
9,100 Woodley Petroleum Corp..

Woolworth (F W) Ltd—
Am dep rets ord shs..
32,900
146,600 Wright-Hargreaves Ltd

18,900 Yukon Pacific Mining Co

see page




53

•

1

Sale

7X Sale

13%

13

1

1

6,800 Williams (R C) & Co
3,900 Williams Oil-O-Matic

For footnotes

50
15

7% lstpreferred
100
Western Tablet & Stationery-

1 %
6%

5%

1%

95% July
1% July
6% July

5% July
5 % July
1% July
7
July

6

5%

4%

5%

8

1%.

2

7

7%

1%
7%
8%

1%
7%
9

2%
6%

2%
7%

2% July
5% July

5

5%

5

7

6
Sale

96

3

3X

8X Sale
6
6X

2%
5%
4%

ll* Sale
a1*
8

14%

*
5

IK Sale

%

8

2%
5%
5%

Sale

1%

^5%

15

Sale

8%

.

%

Sale

1

11
18
3

July

July

100

Julv

% July

10

17
17
25
20

15% July
8% July

3
20

14% July
8

July

2% July
7% July
5
July

26
25

1

July

18

6
8% May 22

X Apr. 11
5% Jan.
3
5% June
4% Apr.

1%
7
7%
82,%

Apr.

3

Apr.

10
9

Mar.

Apr.

2% Apr.
4% Apr.
5
May
12

Apr. 10
7% Apr. 11
% May 23

July
2% July
8% Jan.
6% Jan.

100

7
17
17
3
10

15% Mar. 14
8% Feb. 27
1% Jan.

6

YORK

CURB

81 %

Sale

9654

Sale

86%

NEW

50

88

Sale
103
Sale
Sale

EXCHANGE

AOOREOATE

Sale Prices'

Sale Prices

857,000

6,574,000

59,000

478,000

221,000
51,000

1,875,000

40", 000

818",000

1st 5s

642,000

5s

registered

1st & ref 6s
5s

registered

104,000'Aluminium Ltd 5s
Gas & Elec deb

1,404,000 Amer

759,000

3,351,000

89,000

2,283,000

1,000
309,000
13,000
223,000

7,000
2,304,000
125,000

1,770,000
4,000

2,000
39,000
11,000
2,000

3

368,000
lfil

13,000

000

100

2

3

118%
102 7^
102%
101%
.

1*060

000

58,000

313,000

47
33

Sale

July
July

96

"27 l65

108% 108% Sale

l67%

July

108% July 20

92% July

100% July 24

33

Sale

5%s

1968
1949
1977

43

46

Conv deb 5s

1950

35

Sale

4%s series C

series

...1960
1998
1968
1959

G

Sale
Sale

120% 121
124
125%
144
144%
87%

!8t M 5s ser B June 1 1957

§4%
69

72%

83

85

35% Sale
35% Sale

1948

Cent States Mec 59

8,287,000
2,443,000

117

nnn

—

Jan.

17

Jan.

10

100% July

24

106% May 23 109J

1971

Sale

42% July

7§~" "80% "78% July~~6

39

27% Jan.

14

13

40

Jan.

25

59

30

Jan.
Feb.

80% July

"19

20

A25~yr 8 f deb 7s

90% July
1 101
90% Sale
97% 100
107% 108
107% 107% 107% July 22 108%
125
July 26 126
125% 125% 125
Sale
6 130%
July
127
128
128
129% 128
July 13 148 %
144^ 147
148% Sale 146
98
100 %
July
98
98% 99% Sale
89
July
Sale
89
96%
96% Sale
95
102
July
94
95% 101% 102
~

103% 103%
101% Sale % 102% Sale
Sale
104% 105%,106

72% Jan.

90
001/

91%' 95%

96%

*04% Sale
42% Sale

39%

38% Sale

43

65% Sale

72% Sale

104

Sale

103

105

July

10
9

20
10

24
Mar.
9

47% Mar. 9
Apr. 20
83
May 31

40
78

Mar.

9

7

>

July

18

July 31
July 25

July

Sale

5 106% July

102% Jan.
97% Apr.
96% Jan.

103

July 10
July 24 105
3
96% July 27
90% July
1 104% July 18
104
July
3
42% July 31
38% July
43 % July 31
38% July
65
5i 72% July 29
July

|104% 105% 104

July

l'i04

1966
1954

'

*Cen Rayon Ltd 6s A

634,000 Gen Wat Wks & El 5s A

1948

1943

4
3

120

July
July 31
July 25

July

82% Apr. 11 116% Jan.
£7% July 22 110% Jan.
Apr.
8 126
July
123
Afar. 20 130% July
140
June
148% Jan.
Jan.
100% July
69% Jan.
96% July
81
Jan. 27 102
July
1

July
July

22
21

17
25
31

25

105% May
105

9

Mar. 16

107

May 31
June 21 115% Mar. 16
Apr. 11 105
June 17

101
81

Apr.
98% Apr.

10

96% July
10 104% July

27
18

35

Jan.

46

32

Jan.

46% Mar. 11

55% Jan.

Mar. 13

72%July
105

29

June 22

July 1 98

Apr. H

3
July
July 31

9
July 24 104% Jan.
5
Apr.
55% Jan. 10
Jan. 14
78% Feb. 28
8
Jan. 17
81% Apr.

July

11

July

14

102%
44%
70%
72%

Sale"

80 V July

72%

76% Sale
87% Sale
87% Sale

Sale"
Sale

83% Sale
126% 131

,

37% Sale

83% July

127

129"" 132"

129%

109%

116%

111% 112

111% 111% 111

Sale
99

64%
Sale

105

%

1
1

61% Sale
110% 112
74% Sale
108% 112

68%
86

69
Sale

106*32 107
60

94%

65%

130% 130'"

95

99%

100

50% Sale
107% 108
84% Sale

102% 103%
50%
Sale
89 J
951

Sale

95%

Sale

77

Sale

32%

44

107% 108

92%

Sale

lop 1MH
94% Sale

104% Sale
103% Sale

86%

90
100

19

96%

50

Sale

100% Sale

78% July 13
78% Mar. 9

Mar.

1

76

Alar.

July

24

66

77

Mar.

13

74%
67%
72%
72%

Apr.
Mar
Apr.
Jan.
Jan.

8

July

2

75

July

..

1

88% July 281

3

16

July
July
July
July

80

l04% July"

105

102% July

July

50

5

25

91

July

100

104
4

25

18

July

Georgia Power ref 5s_.
1967
Georgia Pow & Lt 5s—II197s
'Gesfuerel 6s
_
1953
842,000|Glen Alden Coal 48.--.III lfMtti
118,000jGobel (Adolf) deb 4%s__„194i

90

Sale

97

98

82

Sale

73

77

98%

85

97%

97* Sale

88

89

Sale

89

Sale

73

77

92

86

Sale

99%

82

95%

Sale

104% Sale

73

95%

77

Sale

105% Sale

Sale

68

Sale

73

26%
72% Sale

24

50

23

68%

68

Sale

56

66

69

63%

74

60

59

Sale

66

113

Jan.

4% Apr. 21
% Apr. 17
% Apr. 22
Apr.
June
Apr.
Jan.
Mar.
102
Apr.
99% Jan.

Apr. 11
Apr.

15

Mar,

89% Jan
Apr.

92

Jan.

5

July 31

78

Apr. 21
Apr. 21
Apr.
8

8

75

July

4

73

Feb. 20

87

Jan.

69% July 26
66
July 12

95% Jan.
58
Jan.

25% Apr.
65% May
60

Jan.

13

24

Feb.

3

9% Feb.
1% Jan.
1% Feb.

10

10

2

3

91

July

18

9
104% Feb.
25
July 12
98% July 31
103% July 24

95

67% July 15
July 21

June 21

3

27

64

17

21

6
95% July 28
91% July
104% July 13 105% July 27
1
74
68
July 18
July

July

2

July

50% Jan.

81

90

_

6 108% July

12

81

6

17

Jan.

81% Mar. 10
11
19 112% June 21
109% Mar. 3
105
July 26
30 103% July 27

July 14
July 21
July 31

7

28

Feb.

June 27

11
66% Jan. 18
29 112% May 26

99%
89%
98%
94%

6

July

106% July
108% Jan.

99

50

68

98% July
84% July
96% July
90
July

1
9

13

107% July 31

Apr. 20

39
July
107% Jan.

July

9

77% July 26
87% July 22
87% July 31

5 131

Jan.
.i?

Mar

7i
Apr.
July 31
93
Apr.
July 27
9
Jan.
108% Mar.
May 10 68% Jan. 11
97
Jan.
4
Apr. 27

53%
109%
66%
107%
109%

98% July 31
103% July 24

July

58%
79%
96%
56%
92%

106

July 26

12

106% July
109% Apr.

14
31
26
24

39
July
108% July

5

Jan.

125

13

July
July

11
12

74% Apr.
8 88%
128% June 15 131
128% June 27 128%
100% June
8 102

20

jl03% July 27

96% July
100

July
July
July
July
July
July

65% July
111

July
July

Sale

July

77

106%
107%
5%
5%
%
%

July
July

87

98% Sale

102%

17

July 31
86
93
July
1
July 27
l«5% July 29 1057ai.July 26
65% July 18 65% July 18
94% July 28 95% July 13

102% 100

Sale

July

107% July 31
112

July

39
July
41% 48
108% 109% 107% July

99% 100%

85%

11

July 26
87% July 31
87% July 24

61
Sale
60% July
65% Sale
109% 110% 110% Sale 109% July
75
74% July
75% 79% Sale
112% 117% 115% 117%

102% 103

84

30

Apr.

July "27 131

68% July

Sale

104%::::: 103"" 104%

13

Jan.

66

77

11IH ?,ale U06% July

105% 106% 105%
106
106%
107% 107% 109
5
Sale
4%
4%
5%
5
4%
5% Sale
4%
1
%
1
%
%
%
%
%
"H

105

Jan.

72;

127% 131

125

61

71]

13
24

75

July"

July
72% July
81
July
81% July

18

78% July
77% July

78% July
78% July
73% July

Gary Electric & Gas—

10,000

Feb.

80

5 103% July
10 102% July

July

103%1 102%

81

1952

Federal Water Serv 5%s__1954
Finland Residential Mtge

Florida Power Co 4s O

l04% 103" 103%|

72%

62

5s ext stamped
-1944
893,000
Gen Bronze conv deb 6s—1940
99,000
Gen Pub Serv Co 5s
1953
116,000
Gen Pub Utilities 6%s A—1956
1,231,000
r>
»
"

„

Mar.

14
28

June 22

104

110

104%

81% Sale

19581

1953
1967

6%s
Erie Lighting 5s

103%!
~"/81 100%

103

"

76%

ACtfs of deposit

1,614,000
Florida Power & Lt 5s
7,632,000

6,487,000
574,000
5,000

14

Mar. 22

78

f* igfff

44

102% Jan. 12 106% May 17
Apr. 20 109% June 12
89
Apr. 27
5
June 27

105% 106% 105% July 12 105% July
108% 108 % j 108% July 28 199% July
93
97
July
94% July 11 95
94
95
94
98
July 11
July

Sale"

1941
1944

6s stamped
1961
122,000
AFirst Bohemian Glass 7s_1957

7,000

46

"78%

10

72%

1943,

Empire Dist Elec 5s
1952
i,uor,uuu1Ercole Marelu Elec Mfg_

.

June
2
July 28

24

Sale

60

1 057 000

519,000

&ly 26
2
Mar.

43% July
51% July
46% July

77"" Sale"

19691

Eastern Gas & Fuel 4s A. >1956
Edison Elec Ilium 3%s_._1965
893'OOO Elec Pow & Lt 5s
2030
69*000 Elmira Wat Lt & RR 5s__1956
1*000
58 registered
1956
176 000 E1 paso Elec 5s A
—1950

120,000

51

42% Sale

;

o9q 000

29,000

9
7

45% July
41% July
43% July

Sale"

106% 106%
7% Sale
7% Sale

182,000

Feb.

Mar.
Mar.

29% Jan.

73%

Denver Gas & Elec 5s
1949
^Detroit Int. Bdge 6%s._1952
ACtfs of deposit

4,000
32,000

Apr.
6 107%
07% Apr. 11 111
118% Jan.
3
}nt
102
May 23 105
101 % Jan.
106 %
41 % Jan. 14
67%

June 15

20

79% Sale

96

21,000
66,000

„

26
July 28

104

45% July
41% July

40

49

Sale

77% Sale
77% Sale

453 000
2

9

21

92

31

81

104

71,000

Feb.

106% Jan.

24

80

161

0

Feb.

July

77%

Delaware Elec Pow 5%s_-1959

.181 000

41

July
41 I July
39
July
49% July

44% Sale

39% Sale
49
50%
42% Sale

77%

44

77

80

68

817i000 Cudahy Packing Co 3%s._1955

37,000
10,000

_

78

9S5 ooo

407 000

43

41

71% Sale

3s series P

6s A stamped
*000 Continental G & El 5s
50'OOO Cuban Telephone 7%s
si '000 Cuban Tobacco 5s

622 000

83% Apr.

76

3%s series N

Consol Gas utilities—

firm 000

000

3 107%
July 24 110
July 12 128
July 11 104%
106%
July
67%
July
July
5 43%

75

—1954,

Consol G E L & P Bait—

5 711

11.0001




105% May 10

June 17 106

99% Apr.

July
July
July
July
July

126%
104% 103%
Sale
104%
Sale
59%

76

71

—1949

5%s gold deb___

4%s

106% July
108,

103 % | 102% July 24 103
51
July
55%
55% Sale
77
July
77% 78 % j 76
81
80%
84% 78% July

nnn

kq

14,000|

7.000

Jan.

106

Sale

Sale

9^*000

34,000
11.000

109"6O6,

107% May

1"3 % July

109
127

51

75% Sale
Community Pow & Lt 5s__1957
Conn Ltg & Pow 7s A
1951: 129% 133
9'non
7s A registered1951!
103%
31 000 Consol Gas of Bait 5s
1939 102

^91

4

"40%

1950

1950

5s registered
-.1958
5S
1969
735,000
Cities Service P & L 5%s_1952

1

39

1966

1958

140 000
mu.uuu

127,000
472,000
98,000

25
9

Jan.

July
July

71% Sale

-—1966

Cities Service 5s

106% 106% 107%
108% 109% 108
125
125% 128
104
104% 104
106
165
Sale
67%
59% Sale

103% Juiy~2l 104
102% July
5 104

73% Sale

1955,

6s series B

5s registered

117,000
10,000

54,000

3

104% July

Works—

Locomotive

^Convertible 6s
1950 115
Bell Tel of Canada 5s A—1955 110%
5s

99% Sale

92% Sale

103% 104% 103% Sale'
104
102% 103% 103

1950

5s registered
Assoc Tel & Tel 5%s
5 %s A registered

5s.

onn
od.UUO

34,000
30,000
201,000
2,000

105

Jan.

103

167%

24

June

Jan.

98

July

101% July

81% Jan.

? 04% July 11
1|}04% July 25 102
July 18 ,87
107%

July
July

103% 104% 104% July

101 % July 24

_

35

1968

5s registered

1,000

8,910,000

6,000

814,000

35

5s

2,000

2,000
1,000
337,000

Sale

34

5s registered
Conv deb 5s

1,000
147,000
800,000

594,000
57,000
524,000

Sale
Sale
Sale

1948

5,000

o

1,668,000

79,000
971,000
3,000
1,000
84,000

_

5%s
1954
3,110,000
Cent States Pr & Lt 5%s__1953
57% Sale
2.898,000
Chicago 111 Midland Ry—
98
98%
4%s series A
1956
352,000
Chicago Junction Rys &
104 %
Union Stock Yards 5s__1940 104
211,000
tAChic Rys 5s ctfs of dep__1927|
44% Sale
736,000
75
Cincinnati Street Ry 5%s_1952
69%
56,000

,

265,000

100%

000

248" 000

273,000

Sale

88

Sale

Canada Nor Power 5s
1953 103% Sale
Sale
102
661 000 Canadian Pacific Ry 6s—1942
920 000 Carolina Pr & Lt 5s
1956 96% Sale
115
115%
149 000 Cedar Rap Mfg & Pow 5s.l953
101
101%
310 000 Cent Ohio Lt & Pr 5s A—1950
83% Sale
909 000 Central Power 5s ser D—1957
096*000 Central Pow & Lt 5s
1956 100% Sale
333

44,000

1,000
993,000

85% Sale
105

472Joo Broad River Power 58 a--1954

261,000

30,000
113,000
19,000
6,000

Sale

4%s registered

109'000 Bethlehem Steel 6s
2 490 000 Birmingham Elec 4%s
1*303*000 Birmingham Gas 5s

46",606

395,000

90fi 000

835 000

124,000

306,000
150,000
386,000

108%

2016

6s

Baldwin

41,000
56,000
123,000

104% 105

A—1955 "73% "75%
1 000
1955
238*000 Atlanta Gas Light 4%s—1955 103%
Sale
104
370 000 Atlantic City Elec 3%s—1964
91
93
21 000 Avery (B F) Sons 5s w W..1947
85
89
42i000
58 ex-warr
1947
402 000

64,666

351,000
231,000

-1948
5s__2028

255,000 Appalachian El Pow 4%s_1948
4s
. — 1963
493,000
2024
85,000 Appalachian Power 6s
Ark Louisiana Gas 4s
1951
870,000
Arkansas Pr & Lt 5s
1966
2,247,000
Associated Elec 4%s
1953
2,618,000
Assoc Gas & Elec 4%s
1948

225",660

80,000
59,000
23,000
14,000

Sale

I 97%
102% 103% 103
103% Sale
101%
107% 108%,106%

101

i06T 106%

6s registered
2016
90,000
283,000 Amer Radiator deb 4%s__1947
207,000 American Seating 6s stpd-1946

22,000

251,000

Sale

98%

,

97%
102%
101%
106%

'American Power & Light—

74",660

1,024,000
20,000.

103 %

1956
1968
1946
1946
1951
1951

1st & ref 5s
os

152",600

60,000
86,000
6,000
118,000
147,000

1967

Alabama Power 4%s

9

99% Afar. 30
Jan.

3

98% July

31

94% July

31

75

19

90

Jan.

95% July 28
105% May 26
74% June 13
29

Mar.

72% Jan.
72

Jan.

3

3
10

new

Aug., 1939]

york

AGGREGATE

PRICES IN JULY

SALES

NEW
In

1939

17.000

441,000
6,000
58,000
554,000

a stpd—1947
AHamburg Elec Co 7s
1935
AHamburg e & Und Ry 5Hs'38
Heller (w e) & Co 4s w w-1946
44,000 Houst Gulf Gas 6%b x w--1943
129,000
6s
....1943
116,000 Houston Lit & Pr 3%s
1966
1,000 AHungarian-Ital Bk 7 ^s__1963

37,000
5,000
15,000
27,000
1,000
8,000
19,000
1,000

20,000
7,000

24,000
139.000

124,000
133,000
341,000
53,000
r
8,000
219,000

1,3.88,000

285,000 Indiana Hydro-Elec 5s
84,000 Indiana & Mich el 5s

574,000
85,000
1,000
20,000
103,000
21,000

89 m

48

53

50

41

44

39

Sale

99%
26 %
22m

40

30
96 m
102

95

25
102

103m

103
109 m

102 m
102 %

Sale

100

109 %

30

8

41 %

1967
1957

86

Sale

90 m

99m. Sale

Sale

1954
1953
1956
1947

1953

a--1958

66%

108

84

Sale

86

%.

110m
107

35

55 m

58 m
40

Sale

5s series d
1956
2,432,000
3,774,000
4%8 series f
1958
1,319,000 Iowa-Nebraska l & p 5s__1957

82m

Sale

77
100 m
100 m

Sale

305,000 Jacksonville Gas 5s stpd--1942
487.000 Jersey Cent p & l 5s b—1947
4ms series c
1961
1,038,000

20,000
67,000
112,000

1966
2022
1947

48,000 Kansas El Pow 3 ms
31,000 Kansas Gas & Elec 6s
185.000 Kansas Power 5s a

1,000

18,000
302,000

1969

1,925.000 Kentucky Utilities 5s
5s
1,608,000
6 ms series d
312,000
5 ms series f
310,000

238,000
29,000
21.000

1961

1948
1955

Superior Dist Power—
3 m % series a
1966
575,000
2026
1.756,000 Lehigh Pow Secur 6s
4,000 ALeonard Tietz Inc 7ms--1946

30

Sale

Sale

105m

Sale

102 % Sale
104 % 105

106 m
56 m
55

Sale

64

66

69

55 %

63

66

68 m

80

81m

83 h

80 m

65

71

65

83 m

109m

Sale

Sale

100m

105 m

Sale

104 m

105

42

43m
47 m

Sale

46

81
109

Sale
Sale

97 % 101m

Sale

97

50

Sale
95 %
101m Sale
103 m 104 m Sale
103 M
103 m 105m 103M
103 m 105
107
106 % 106
106
106
104M
105m 105m 104^31 Sale
Saie
45
38
38
43m

103

Sale
Sale

60

75

63

Sale

37

40

41

42

38

July

Sale

41

July

25

10
28
20
21
12
21

Sale

40

105

105m

105 m

Sale

103m 105
119m Sale
102h 103m
90
91
Sale

91

102 m
93 m

Sale

Sale

41
Sale
Sale
105m 106

104

44 M

60

29
28
12
8

Feb.

18

103 M July
30
July

10

12
27
10

50

30

102 M June
103
Apr.
103% Jan.
111M June
8
July
68 M July
68

Apr. 13 nom
Jan. 27
94 M
Apr. 10 104 M
Jan. 26 105M
Apr.
8 103
96 M Apr. 10 105
99 M Apr. 10 105 %
85
Apr.
8 102

107 M
85M
95 M
101%
94 M

86

Jan.

July

6

99

9 110M
108M June
104
Apr.
8 107
70 M
50 M Apr. 11
49
Apr.
8 70
68
Apr.
4
88%
108 H June 16 110

27

1
12
6

21
13

June 12

Feb.
June

27
2

July
May
July
July
July
July
July

27
24

Jan.

28

31

24
28
27
21

Jan.

5

July

29

July

28

June

7

May 10

26
28
28
73
July 29
53 % July 31

36 M Apr.
36 M Apr.

52 M J an.
54
Mar.

41M Apr.
55
Apr.
38M Jan.

55M Mar. 9
73
July 29
53 % July 31

101M July 28
102
July 28
104 M July 19
3
103 M July
107
July 10
106 M July 12
45
July 27

Jan.
82
Jan.
77
98 % Jan.

101M July 28
102
July 28
104 M July 29
3
103 M July

46

July

47 M July
50
July

98

Jan

105 M Jan.
103 % Apr.
38

108

Mar.

5
9

6

106 M July
52 M Jan.

June

12

12
3

59 %

103 M 104 M 103
July
105M 105M 105 M July

105 m 106 m 105M 106M
128
124
126
126m 125

101m
98 m
99 m
105m
100x

8

59

7

July
July
July
July
103
July
105
July 24
105M July 28
102
July 27
99
July 21

70 M July
70
July
84
July
109 % July

18%
94M
101M
101M
10SM

13

78

42

27

July
July
July
July
July
July
July
July

109M
94 %
104 M
105M

July
July
July
July
July
July
July

49 m
80

16

Apr.
July
Jan.
Jan.
Jan.
Apr.
Apr.
July
Jan.
Apr.

8

July
July
July
July

72 m
53

44

Apr.

98

68 %
66 M

37% July
40 M July
43
July
64 M July
46
July

Sale
Sale
63 m
64 m
45 h
46
96 m
96 m

Sale

36

12

110M

100M Jul5

Sale

Jan.

27

102 M
103
103 %

102 % July
104 M July

Sale

87

Highest
Sale Prices
91
Mar. 11

107 % Apr. 17 109M Mar. 3
56 M July 31
47
Mar. 31
53
Jan.
9
45
Apr. 12

48M July

30

108 M July
91
July

104

92

17
17
31
47 M July 15
89 M July

103 M July
30
July

6

30

109 m 110
94
Sale

109

40 m
43

830,000 Italian Suuerpower 6s

26

104
102 m 104 h
July
106
104 m 105 % 104 % July
104
101m Sale
98 M July
98m Sale
96 m
97 m
98
96 M July
96
107 % 109m
104 % 105

100m

54

138", 000

28%

100

99 %
86

53

149,000 Isarco Hydro-El 7s.34,000 Isotta Fraschini 7s

7

17 108 M July
13
56 M July

Sale

100 m

47

1961
1958
1957
1952
1942
1963

July

Sale

49

5s series b

40

Sale

48

581.000 Iowa Pub Serv 5s

48

96 m
98 m

171,000 Int Pow Sec 6 ms series o--1955
7s series e
1957
217,000
7s series f
1952
145,000
1957
3,514,000 Interstate Power 5s
Debenture 6s
1952
1,164,000
Interstate Public Service

154,000

46

102 m

72

224,000 Iowa Pow & Lit 4 ms a

Lowest
Sale Prices

102 m
104 m

a_ —1952
%s—1968

1st & ref 5s
137,000
703,000 Indiana Service 5s
1st lien & ref 5s
639,000
309.000 Alndianapolis Gas 5s
152,000 Indianapolis p & l 3

Highest
Sale Prices

102% July
25
July
25
July
102 % 102m 102
102 %
July
103
102% 103 m 103
July
Sale
103 m Sale
102% July
109 m 109m 109 m 109 M July
40
8
16
8
July
66
67
67
66 M July
66
67 m
68
66 M July
Sale

Sale

Sale

Ask

89 m
90 m
89 M July
90 m
107
110
108 M July
110
56 m Sale
55
52 M July
46
51
48
47
July

102 % 103m 103
25
27 m
20

110

37,000
19,000

765.000

108
52

88

1957
1955
1950
1963

92,000

191.000

108m 109m
49 m
54

Lowest
Sale Prices

July 31

Ask]Bid

63 m
63 m

1951

5s series c

Bid

1949
1949

a

204,000 Idaho Power Co 3%s
731,000 Illinois Pow & l 5%s
5 hs series b
1,337.000
6s series a
1,846,000
5s series o
3.545.000
461.000 Indiana Elec Corp 6s a
134,000
6 ms series b

143,000

11,000
22,000
17,000
628,000

Hall Printing 6s

149,000 Hygrade Food 6s ser
37,000
6s series b

46,000

i

(Continued)

July 1

Ask
89

Bid

267,000 Grand Trunk West Ry 4s 1950
30,000 Great North Pow 5s stpd__1950
67,000 Grocery Store Prod 6s
1945
38,000 Guantanamo & w Ry 6s. .1958
Guardian Investors Corp—
196,000
5s series a_
1948

47.000
2,000
4,000
6,000
?

BONDS

1

Jan. 3

Jan. 1

$

RANGE SINCE JAN.

Price

YORK

CURB EXCHANGE

Since

July

51

curb exchange

July
101M July
101m
98 M July
98% 102"" Sale"
99
103 M Sale
July
Sale
106
105 M July
105m 105
101
102M 103
July
102

41 % July

26

1 44 M July
July
14 104
July
11 106

12

3

126

1
5

July
101M July
102
July
103 % July
106 M July
103
July

27
14
28
29
19
28

108 %

27
6
2
3
3
5

8
13

Feb.

80

Jan.

31

Apr.

44

Mar. 10

Mar. 3
38
Jan. 30 47
Feb. 24
May 29 107
105M Jan. 30 106 % Mar. 21

102

103M Jan.
119
Apr.
101M June

108

Mar. 17

126

June 23

88% Apr.

102

103 M Mar.

July

89M Apr.
101
Apr.
93 M Jan.

103 % July
106 M July

Jan.
Jan.

108 H July

103

July

2
28
29
19
28

Lake

23,000
150,000

12.066

1952
373.000 Lexington Util 5s
358.000 Libby McNeill & Libby 5s-1942
1945
496,000 Long Island Ltg 6s
1957
951,000 Louisiana Pow & Lt 5s

39,000
80.000
111,000

AMansfield Mining &

7.000
'

Smelt—

7s ex-warrants
1941
35,000
127.000 Marion Reserve Pow 4Ms_1952
1943
30,000 McCord Rad & Mfg 6s

5,000
22,000

6,000
13,000
18,000
17,000

•

49,000

99

100

107

Sale

100

161""

103 m
90

Sale

106 m

Sale

92

26 m
102m 103 m

80

60

Memphis Comm'l Appeal—
Debenture 4ms
1956

95%
Bale

93

1,484.000 Memphis p & l 5s ser a—1948
89 %
,-1947 88
60,000 Mengol Co 4ms
107
1971 106
198,000 Met Edison 4s series e
109
4s series g
1965 108
258,000
93 m Sale
159,000 Middle Sts Petrol 6 Ms a--1945'
60
Sale
1943
170,000 Midland Valley rr 5s

8,000
33,000

30,000
170,000
132,000
58,000
529.000

1,133,000
1,816,000
822,000

Milwaukee g l 4ms
Minn Pow & Lt 4 Ms
1st k ref 5s

.--1967
1978

1955
1955
1955

99 m

Sale
Sale

99 m
104 m

Sale

82 %

Sale

1957

89

Sale

20,000
121.000

1951
322,000 Miss River Power 5s
920,000 Missouri Pub Serv 5s a—1960
162.000 Montana Dakota Util 5 Ms '44

108

83,000
77,000
199,000
5,000
1,000
29,000
86,000
412,000

281, 000 Nassau & Suffolk Ltg 5s—1945
2026
1,666, ,000 Nat Pow & Lt 6s a
Deb 5s series b
-2030
2,528, 000

13.000

99,000 New Amsterdam Gas 5s—1948
2.461,000 New Eng g & Elec Assn 5s 1947
5s.---.
-1948
735,000
Conv deb 5s
1950
2,676,000

2,141,000 Mississippi Pow 5s
5s registered
2,909",606 Miss Power & Light 5s

506",666

t

153, 000 t ANat Pub Serv 5s
124, 000 Nebraska Power 6s
4 Ms
364, ,000

2022

1981

251, 000 Neisner Bros Realty 6s—1948
2,200, ,000 Nevada Calif Elec 5s__ —1956

721.000

202,000

-

585,000

1948
2,640,000 New Engl Pow Assn 5s
Deb 5Ms
1954
1,849,000
95,000 New Eng Pow Co 3 ms a--1961
New Orleans Pub Serv—

371,000
223,000
20,000

412,000
913,000

21,000

104,000

5s stamped
A6s series a

29,000
306,000
129,000

1949

1,953.000 n y p & l Corp 1st 4Ms--1967
1980
2,078,000 n y State e & g 4 Ms
36,000 n y & Westchester Ltg 5s '54

17,000
30,000
6.000

49,000

53,000
53,000

10,000

14,000
-

134.000
50,000
569,000
230,000
385,000
118,000
271.000
384,000
504,000

l60

109%
i

74m
Sale

74

77

98

Sale

92 m

Sale

36

38

115m 116
107 m Sale
96m
98%
78
Sale
118
54 m
54 m
54 m
91m

93 m
107 m

1942 100 x

-1950
136,000 ny Cent Elec 5 Ms
111.000 aN y Pa & o rr 4 Msstpd 1950

5.000

26,000
14,000

c o d-1978

73%

121

55%
Sale
Sale
Sale
Sale
Sale
102

92 m Sale
101X 102 m

74
107 m
99 m

80
Sale
Sale

112m
4s
2004 105m Sale"
40
58
Nippon Elec Pow 6m8---.1953
Sale
97
Nor Amer l & p 5 Ms a—1956
North Boston Ltg Prop 3Ms '47
45 m
Nor Cont Util 5 Ms a
1948
47 m
Nor Indiana g & e 6s
1952 107
107m
Nor Ind Pub Serv 5s-_
1966 105m 106
5s series d
1969 105 m Sale
4ms e
1970 104 m Sale

For footnotes see page




53.

107m 108m 107M Sale
11017«Sale
109m 110
26

40

28

102 % 103% 102M 103
103
103m 104 M 105
101
Sale
100 % Sale

107

28

105
47

107m 106 M

84

108m
96 m
60 m
99 m

97 M

Sale

99 M

100M

Sale

102

July

103 % July
100
July

106 M July

24
7
5
17

Sale
108m 109
85 m Sale

103

Sale

109M HI
88
Sale

109 %
36

Sale

111

98
Sale

Sale

93 M

105 %

Sale

94

38

97

July
July
July
July
July

35 M

38

35M
123 M

123 M 125M 123M 125
109
109 M 109
109M 109
109
108M 109 M 109M Sale
Sale
Sale
79 %
80
84

July
120M 124
122M 123 M 122
64 M July
64 M Sale
715? Sale
Sale
68
64 M
July
71
66 M
Sale
66 M July
65 M
71
66
Sale
94
Sale
93% July
98
96 M July
96 % Sale
99 M Sale
109M 109M July
107M 109M 108
101 % 102 M 102 M 103
101M July
98
July
98
98 % 100m Sale
103 M July
103
104
77 %
July
80
"81M Sale" 80
105 M July
106 M Sale
105 % Sale

103

Sale

112

113M

105* 106 M
Sale

100 %

Sale

104 M 105
50 X
53
108
Sale

105 % 105M
105M 106
104 H 104 M

99 % July
103

July
108 % July
85 M July

102

Sale

110M July

25

36

July
20 123 M July
11 109 M July
18 109 M July
3
85
July

103

91

Jan.

28M Jan.
103 M Jan.
45
May

82

6
28
28

29
28
31
11
20

July 27
July 18
73M July 18
73 M July 10
1
98
July 31
1
99 H July 25
109 M July 11

5
3

18

28
11

July 18
July 18
July 12
July 14
6
July
July 27
July 10
July 14
July 31
1
July
July 19
July 14
3
July

8
13
2

July 18
107M June
7

102

11 31 % July 12
7 105M May 23
1

66

Feb. 27

98 H July 21
102»sa June 28

Apr.

July

91M
109M
110M
99 %
66^

Mar.
May
May
July
Mar.

10
9
23
19
15

Mar. 16
93M Apr. 13 101
97 M Apr. 14 102^ July
6
Apr. 14 106^ July 28
82M Jan.
4 99% July 28

102

88M Jan.
108 M Apr.

73M Jan.
100
Jan.
77

98

92M
33

115M
107M
96

25

Mar.

103 % June 12
105
Feb. 14

105 M Jan.

105

6 123M
1
73M

3 104
July
5 100 H July
11 103 M July

95
Mar.
102M Jan.

107M Jan.
93M Jan.
58 M May

July 31
18
17

98
14
July
6 111
July
6 105 % July

30

95 % Apr.
92
Jan.

109 M July
88 M July

3
83 M
27 107 M
1 104 M
July
7 113M
113
July
113M
Sale
105
July 14 106 M
106
57
50
July 20 52
45
6 101
July
100m 101M 100
6 106
105
July
105 M Sale
5
58
Sale
53
July
58
107 % 107 M 107 M July 13 108
6 105M
105 M July
105 M 106
105m 105M 105 M July 18 106
104
July 14 104 H
103 M 104

103 H

8
29
18
7

July 21

102 % July
106 M July

100 M

108M

M July
102
July
107 M July

101

99 % July

July
July
July
July
July
July
July
July

104

98% July
102
July
90
July
106 % July
108 M July
99 M July
63 % July

96 % July
102
July

93

103 M July

12 31H July 12
7 105 M July 25
July 29
14 56

101 % Sale
102 M Sale
101M July
105
105 m 106M 107 M 105
July
92
92
93 %
99 % Sale
July

100 m

100
107

22 M Jan.

90
85
89
84M
105
106m 105 M 106
Sale
108M 109M 108M
98 M
97
97 M
98 m
60 M
62 M Sale
62 m

Sale

July

110 M July

July

50
31M July
31%
104 M 105
105m 104
July
52 m
55
57 M
50
July

96 m
98 m
1027s» 102 m*
105

107 % July
110

40

75 %

Jan.
Jan.

5

July 31
May
3
June 12

Feb.

98

7

July
3 111
July
3 105^ July
Jan.
38
Apr.
Apr. 11
June
5 123
Jan.
3 111% May
Jan.
Jan. 23 109% July
May 23 89% Mar.

29
28
31
29

July
July
July
July
98
July
99% July
109% May

27
18
18
10
31
25
31

July

18

118M Jan.
55
Jan.
54
Jan.
54 M Jan.
87 % Apr.
90
Apr.
107M Jan.
99 % Feb.
89 % Apr.
102 M Apr.
Jan.
79

105M May
99

12 103
11 110
10 91
3 101%

Jan.

112M Jan.
104 M Jan.
Jan.
50

95 M Apr.

May

104
47

Jan.

107

Mar.

104 H Apr.
104M Apr.
102
Apr.

123%
73%
73%
73%

104

15

6
7
10

100 % May 31
105% Feb. 14

86% Mar. 23
Mar. 13
104 % June 21

109

113% May 26
106% June 13
58

Mar. 11

101

June 14

4
July 31
108% Apr. 20
107 % May
58

107

Jan.

26

106% Jan. 11
105% May 29

NEW

52

YOBK

CURB EXCHANGE

AGGREGATE
PRICES IN JULY

SALES
Since

NEW YORK
CURB EXCHANGE

Jan. 1

BONDS (Continued)
71,000 Northwest Elec 6s stpd---1945
919,000 Nor'west Pub Serv 5s A— -i957
$

164,000
71,000
298,000
748,000
1,550,000
878,000

Bid

104H 10624
9724
9824

108
10824
1968
1962
1951 105 24 Sale
1946 10224 Sale
-1948
9124 Sale

Ohio Pub Serv 4sOkla Nat Gas 424s
Oonv deb 5s—

A

Okla Pow & Water 5s A-

.

145,000 Pacific Ooast Power 5s— -1940 101
1941 11314
427,000 Pacific Gas & El 6s B
Pacific Investing 5s A
1948
92 J4
88,000
Without warrants
34,000 Pacific Ltg & Pow 5s— .—1942 11314
3,745,000 Pacific Power & Light 5s-_ 1955
76
30
98,000 Park Lexington Bldg 3s—1964
3.188,000 Penn Gent Lt & Pow 424S-1977
9214
98
195,000
5s
1979
97
1,487,000 Penn Electric 4s series P--1971
323,000
5s series H
--1962
Penn-Ohio Edison 6s
1950
561,000
Without warrants
856,000
524s series B
1959
225,000 Penn Pub Serv 6s O
1947
96,000
1954
5s series D
215,000 Penn Water & Pow 4 24s --1968
252,000
5s.-_--1940
1,585,000 Peoples Gas Lt & Coke 4sB-'81
1,519,000
4s series D
1961
1,206,000 Phila Elec Power 5 24s-1972
97,000 Phila Rapid Transit 6s
1962
Piedmont
Hydro-Electric Co
311,000
50
1960
624s series A
71,000 Pittsburgh Coal 4s
1949 105
§8
186,000 Pittsburgh Street 6s
__1948
24,000 APomerania Elec Co 6s___1953
1814
64
832,000 Portland Gas & Coke 5s_.1940
-

-

.

329,000
118,000
74,000
84,000
17,000

Ask

1945

Ogden Gas Oo 5s
Ohio Power 3 24s

RANGE SINCE JAN.

1

Price
Jan. 3
1939

_

102

Sale
94
11414
Sale
32

Sale
Sale

Sale

Sale
Sale

107M
Sale

idix
Sale
Sale

Sale

77
51
106
Sale

2314
Sale

Potomac Edison 5s ser E—1956

10714 108

424s series F
--1961
Potrero Sugar 7s stamped. 1947
Power Corp of Can 4 Me B -1959
APrussian Elec 6s
1954

109

111

July 1
Bid

10614 107
10314 104

Lowest

July 31

Ask Bid

Ask

10624 106 24.106 lis July
10414 Sale
10314 July

10924
(0914 Sale
10914
10814 Sale
10524 Sale
105
106
108
10814 110% Sale
10114 Sale 10214 Sale

109

10314 10224 103
11214 112J4 111% Sale

108

103

10824
10814
104 H
10824
10124

104

Feb.

3,10424 July 28

95

Apr.

108

Jan.

8 10914 July
July
July 11 10914 July
1'109 24 July
July
July 20 106
July
5 11024 July
July
1 10224 July
July

38
100

Sale

102

9514
9724
2014
21
7314 Sale

10724 108
10914 110
40

42

103

9624
2024
76

104

July
10524 July
10724 July

July
10514 July
107
108
July
10614 10524 July
102
10124 July
9724 July
9924
Sale
9924 July
Sale
11214 July
7924 July
8124
Sale

4624 38
10524 101
9614
98
21
26
Sale
7224

107

Sale

45

49

10414 104

105

19

4524 July
July
98
July
21
July
7724 July

July
July
July
July
July

103

10524 July 17 10724
109
July 31 110
40
48
July
1
10314 July 18 104

Sale

109

12
3
21
31

July
July
July
July

3914
4114
10214 Sale
18
22

103
18

571,000
6% perpetual certificates
1966
151,000 Pub Serv of Okla 4s
3,226,000 Puget Sound P & L 524s._1949
5s series O
1950
1,401,000
1,572,000
424s series D--_
1950

148

Sale

15524 157

10614
7514
7214
71

10714
Sale
Sale

106

649,000 Queens Boro G & E 524s._1952

66

30

0824 July

9 11024 June 28
11 10924 July 25

June 22 10924 May 10
10424 Mar 23 10624 Jan. 21

108

9624 Apr.
9124 Jan.

11 11024 July 21
3 10224 June 26

14
25

14

Jan.

104

Mar. 24

111

July

114

May

9424 July 27
4
17 11324 Jan.
3
9524 July 24

Apr.
11124 July
76
Jan.
32
91
98
97

Jan.
Jan.
Jan.
Jan.

June
7
38
26 10024 July
3 10424 Mar.
3 10524 July

10524

Jan.

108

Apr.
Apr.
Apr.
Apr.

Mar. 22
4 108
10824 Jan. 26
Jan. 12
21 105
July 17
10 100
14 10024 July 12
6 11324 July 22
July 28
17 81

6 51
June 28 108

38
101

11

10524 July
10824 Feb.

3
19
26

June 22

June 29

21
25
25
18

Apr.

9524 Jan.
1724 Jan.
64

14
10

10624 June 21
13 10924 Mar. 13

Jan.

l(il24 July

M

29

25
3 10724 July 14

10624 May

10524 July
10524 Jan.

2

13

89

100 *
91

30

Sale

•

May 23
8 10424 July 28

21 108

101

10724 July
10624 July
10614 July
108
July
10614 July
10214 July
100
July
10024 July
11324 July
81
July

105

Sale

25

9424 July 27
113
July 12
9524 July 24
38
July 15
10024 July 14

10614 July

107

24

103
July
11214 July

9124 July
9414 Sale
9114 Sale
11224 11124 July
11214 11414 111
87
July
9414 Sale
87
Sale
38
42
38
July
38
41
Sale
100
9724 July
Sale
98
Sale
10324 July
103
10314 104
104
105
106
July
104
Sale
10614 July
10614 Sale
10614 107
10614 10714 10614
10614 10614 105
106
10614 10614
107
10614 108
10514 10614 10514
10214 10214 10124
9914
98
9714
Sale
10014
11214 11214 11224
7914
7924 8014

Highest
Sale Prices

Sate Prices
29 107
July
8

10224 July
11114 July

10914 110)4 109

Lowest
Sale Prices

Highest

|

Sale Prices

Jan.

26
31
3

99
22

80

17 109J4

Jan.
Mar.
Feb.

4
4
4

June

5

May 23

Feb. 20

10 110
June 19
4
48
July 19
3924 Jan.
10024 Jan. 23 105% Mar. 14
Feb. 25
2024 Feb. 10 23

Pub Service Co of N J—

74,000 ARuhr Gas Co 624s
5,000 ARuhr Housing 624s A

1953
1958

53,000 lASt Louis Gas & Coke 6s.l947
297,000 Safe Harbor Water Pr.___1979
36,000 San Joaquin L & P 6s B
1952

31
20

107

157

15514 July
15624 Sale
10614 10614 10614 July
95
Sale
9024 July
8714 July
9314 Sale
85
July
9024 Sale

10624
9524
94 24
9024

June 28
Apr. 10 157
June 27 10824 May 10
9524 July 27
3
72
Jan.
3
9424 July 25
7024 Jan. 14 9024 July 31

146

July
July
July
July
July

106

7524 Jan.

9024
8714

Sale
Sale

Sale

85

Sale

Sale

89

93

9824 Sale

91

July

10

9824 July

31

6324 Jan.

35

27

50

3114

40

3014 July

7

3224 July

22

28

20

25

22

25

1614
1714
10814 10914
131

20
July
10724 July
136
July

1814
20
20
23
10814 10814 10714 Sale
13424 13614 138
139

13
21
July
31 109
July
2113624 July

14
15
21

5

Apr. 14
2124 June 30

98)4 July

31

Jan.

11

35

21)4 June 30

July 14
1624 Feb.
1 21
Feb. 16
10724 July 31 110
134
Feb.
1 13724 June 15

ASaxon Public Works—

39,000
38,000
634,000
289,000
36,000
722,000
252,000
269,000
129,000
891,000
4,051,000
921,000
318,000
823,000
416,000
•

6s—
ASchulte Real

1937

Estate 6s

24

Scripps (E W) Co 524s

1951
3014
1943 10114

Scullin Steel Oo 3s
Servel Inc 5s

1948

10414

1951

Southeast P & L 6s
2025
Sou Calif Ed 3 24s—May 1 1960

64

10414

Southern Counties Gas
of California 4 24s

1968

Sale
Sale

10414
73
7614
8414 Sale
95

1951

40

21

Apr.

50

24
July
2314
2524
10124 July
10224 Sale
50
July
5224 5624 Sale

21

Sale
Sale

10914
Sale

11114

4924

10314 10324 10424
102% 102%
104
Sale
10424
8114
7914
83
9914
9614 Sale
106
107
11014
10914 10924 10914
10914 10924 10914
103
10324 10414
108313il09% 10824

10424 10324 July

Sale
Sale
Sale

Sale
Sale

Sale

109

110324 10414 10414 10424 10324
48
Sale
4124
41
42
10324
10314 10414 10424 Sale
103 24
10324 104
10324 Sale
10314
99
9424
9324
83
9414 98
10724 Sale 10624 10714 10624
105

4514

Sale

2022

179,000 S'western Pub Serv 6s A--1945
134,000 Spalding (A G) & Bros 5s .1989

52

Sale

57

5 10424 July

10524
81)4
9924
11024
10924
10924
10424

49

Sale

109

July
July
July
July
July
July
July

24

July 28
July 31
July 27
July 31
July 17
July 12
July 29
7
July

6s stamped
1948
1,380,000
6s conv stamped
1948
1,121,000
6s
.—1951
1,683,000
6s gold debs
1957
141,000
6s
1966
1,041,000
1939
246,000 Standard Invest 524s
1957
1,981,000 Stand Power & Lt 6s
1950
383,000 AStarrett Corp 5s
Stinnes (Hugo) Indus—
114,000
7s 2d stamped-1940
136,000
7s 2d stamped
1946
.

1956
1,828,000 Tenn Elec Power 5s
Terni Hydro-Electric Co—
6 24 s series A
1953
315,000
1960
2,591,000 Texas Elec Service 5s
Texas Power & Lt 5s
1956
1,501,000
6s.
2022
223,000
947,000 Tide Water Power 5s A—1979
1,564,000 Twin City Rap Tr 524s A.1952

5914 Sale
6014 Sale
5914

6014

6924 Sale
6914 Sale
6914 Sale

10424 July
6
4824 July 10
10424 July 18
104
July
6
99
July 28
10724 July 14
59
July 20

61

60

68

62

61
Sale

61

63
Sale

9824

Sale

6014 Sale
33
Sale

62

Sale

5914
60
87

6014

1924 Sale

70

6924 Sale
9914 100
6924 Sale
20
2114

60

62

5324

56

5114

53

51

50

35

38

35

3624

35

90

9114

4914 Sale
99
103 H
100

Sale

Sale
Sale

8714 Sale
5014
5114

9914 100

10214
10624
11124
9624
6124

44

10014 10014

4214

Sale

104

Sale

107

Sale

10124
10624
11124
9624
6124

11224 Sale
9924 Sale
6414 Sale
6224

July
July

9924 July
39

44

Sale
112
Sale

28
28
28
28
28
15
28
24

54
July
3624 July

3
18

3 10024 July

12

July
6024 July
9824 July
61
July
18
July

48

39

71
July
7124 July
7024 July
6924 July
71
July
9924 July
70
July
21
July

July
6124 July
6024 July

20
21

4324
10424
10724
11224
9924
6424

July
July
July
July
July
July

July 27
July 27
July 28
July 31
July 28
July 31

Ulen & Company—

6s 4th stamped
376,000
102,000 United Elec of N J 4s
United Elec Service

175,000
24,000
76,000
384,000
825,000
202,000
1,984,000
349,000
143,000
476,000
598,000

1950
1949

7s

52
Sale
11614 117

57

-1959
United Lt & Rys(Del) 524s 1952
United Lt & Rys (Me) 6s A1952
Deb 6s series A
1973
Utah Power & Light 424S-1944

10414

524s

Sale
114

76

74%
10714
89

11614
74

94

2022

1,031,000 Virginia Pub Ser 514s A—1946
6s
———-1946
253,000
6s registered
—1946
5s series B_.__1950
860", 006

26

Sale

-—1975

A

26

Sale
Sale

1941
1945
1974

36

Sale

Without warrants-—

6s series

40

3824 July
11824 July

44

119

41
July
1
3 11924 July

20
14

1956

AUnited Indus 6 24s
A 1st 6s
United Lt & Pow 624s

Deb 6s

3824 Sale
11814

8314

9724
9114

44

2724
2814
27 24
35
2714 Sale
77 24
7724 8724 Sale
76
76
8314 Sale
Sale
10714 10724 10724
91
Sale
Sale
8824
11624
m3* 11824 119
77
76
8214 Sale
Sale
9824
9814 100
98
Sale
99
9124

82

Sale

9714 Sale 100
91 24
9324 95

87

Sale

95

21

Sale

9014

92

43

42

35

Sale

7
July
July 25
July 21
July 31
July 28
July 19
91
July 28
11824 July 28
84
July 27
10024 July 27
9824 July 28
45

July
July
July
July

2824
2824
8724
8324
10824

July
July
July

July
July
July
July

Sale

100

July 31
9524 July 24

97 24 July

96

9124 July
9424 July

9924 Sale

9924 July

28

1724 July
29
July
8 111
20 104»82July

14
5

6 62
5 106
24 116

31
27
24

3

Waldorf Astoria Corp—
a5s income deb
1954
1,897,000
1951
48,000 Wash Ry & Elec 4s
366,000 W'ash Water Power 5s—-i960
Western Newspaper Union—
Oonv deb 6s
1944
310,000
2030
239,000 West Penn Elec 5s
133,000 West Penn Traction 5s—1960
.1957
1,759,000 West Texas Util 5s A
1951
40,000 Wheeling Elec Co 5s

For footnotes see page 53.




10754 110
10514 Sale

1714
18
10824 109
10414 105

1324 Sale
110

-

fa* 105

5514
5614 62
10424 10514 106
115
11414 116

10114 Sale
10614 Sale

10514 10714 105 % 108

5914 Sale

Sale

1324 July
July
10424 July

109

115

10478!

56

10624 105
11524 116

July
July
July

July
July
July

Mar. 18

■

103)4 Feb. 17 10524
3924 May 10 5224
3 10424
10224 Feb.
8 10424
102
Apr.
81
99
Apr. 11
6 108
10424 Jan.
1
49
59
July

Standard Gas & Elec—

6014
6114
6014
6124
6024 Sale

27

May 19

100

103

10324 July
7924 July
96
July
10624 July
1083132July
10924 July
103
July
10824 July

Sale

12

9
3124 Jan.
1 10324 Mar.
7
May
Jan.
5
18
65
48
May
June 14 107
105
Apr.
3
Feb. 20
10224 May 25 106
8 10524 Feb. 24
102
Apr.
10324 Marj. 24 10524 Feb. 16
Mar. 17
Jan. 24
83
Jan. 23
83
9924 July 27
4 11024 July 31
94 24 Jan.
3 11124 May 12
10824 Jan.
5 11124 May 12
10824 Jan.
3 10624 Mar.
2
103
July
8
10824 July 28 11224 Feb.
22

2424 July
July
57
July

24

102

10414 Sale

331,000 S'western Assoc Tel 5s A—1961
223.000 Southwestern L & P 5s
1957

287.0001 Southwestern P & L 6s

*24*
67

104

10814
324s series B—July 1 1960 10814
Debentures 324s
1945 10414
1st & ref mtge 4s
1960 110 54

404i000 Southern Indiana Ry 4s

301,000

20
101

10714

Shawinigan W & P 424s—1967
424s series B
1968
424s series D__
1970
Sheridan Wyo Coal 6s
1947
Sou Carolina Power 5s
1957

Sale
31

7

55

Apr. 11

5424 Apr.
65
Apr.
54
Apr.
54
Apr.

11
11
11
11

Jan.

3

87

5324 Apr. 11
118
July
8
50

34

Apr.
8
Apr. 14

Jan.

71

July
7124 July
7024 July
6924 Mar.
71
July
9924 July
7024 Mar.
35
Jan.

28
28
28
10
28
15
9
5

64

Mar.

50

Jan.

9
14

8824 Jan. 30 10024 Feb.
5324
10424
10724
11224

Jan.
May
July
July
9924 July
6424 July

3824 Apr.
97
Apr.
103

Jan.
9924 Jan.
8624 Jan.

5024 Jan.

31
5224 Jan.
Apr. 11
11624 Jan.
4 11924 July
52

4021 Apr.
26 h Mar.
23
Apr.
72
Apr.
68
Apr.
10424 Mar.
7824 Apr.
112

2824
2824
8724
8324
10824
9124
11824

Jan.

28
31

11
14

Jan.

14

July

25

June

14

July 31
July 28
July 19
June 21

July

28

July 27
10024 July 27
9824 July 28

8924 Apr. 10 100

June

7

June

2

82

Jan.

3

98

87

Jan.

3

9924 July

50
104

6
14
29
28
31

84

6824 Apr.
91
Apr.
8124 Apr.

1324 July
10724 Jan.
10424 July

17

Mar. 9
July 18
June
8
July
8
May 17
July 20

28

29 3124 Feb. 17
30 11124 July 14
Mar.
8
20 108

Mar.
4
Apr.
5 63
Jan, 28 10624 June
1
11024 Jan. 26 116
July 24
*99
Apr.
8 102% June
7
105% June 30 106% Jan.
3

NEW YORK CURB EXCHANGE

Aug., 1939]
AGGREGATE
SALES
In

PRICES IN JLLY
NEW YORK
CURB EXCHANGE

Since

July
$

145,000
52,000
74,000
135,000

SINCE JAN.

I

Jan. 3

July 1

1939

BONDS

(Concluded)
1,198,000 Wisconsin P & L 4s A

RANGE

Price

Jan. 1

-

53

Ask

Bid

1966

564,000 Yadkin River Power 5s
1941
277,000 J a York Rys Co 5s..^._-.1937
577,000
5s stamped
1947

July 31

Ask Bid

Bid

105 k

Lowest

Ask

100%

Sale

104 k

Sale

102

102%

105

105M 105M 105 % 105% July
94 k Sale
92
90% July
95
92 k
Sale
92
July

87%
87%

90

90
90

91

Sale

Highest

Lowest

Highest

Sale Prices

Sale Prices
104 % July

Sale Prices

Sale Prices

106

July

25

100% Jan.

22 105% July
6 94 % July
95
3
July

28
31
25

106
June 15
102% Jan.
87
Apr. 20
94% July 31
86% Apr. 24 95
July 25

26 % July

28
24

106% May'24

FOREIGN GOVERNMENT
AND

6,000
4.000

25,000
27,000
2,000

18,000
...—

1,000
1,000
1,000
—

7,000

57,000
1,000

Caldas

5,000
12,000

1,000

MUNICIPAL

Agricul Mtge Bk Rep of Col—
A20-year 7s
Jan 15 1946
A20-year 7s
.Jan 15 1947
a7s ctfs of deposit
1947
6s ctfs of deposit
1947
Antioquia (Dept) Colombia—
a7s A ctfs of deposit
1945
a7s B ctfs of deposit
1945
a7s C ctfs of deposit
1945
a7s D ctfs of deposit
1945
a7s 1st ser ctfs of dep
1957
a7s 2d ser ctfs of dep
1957
a7s 3d ser ctfs of dep
1957
ABaden (Germany) 7s
1951
Bogota, City of (Colombia)—
a8s ctfs of deposit
1945

1946

Prov Banks 6s B
a6s A

1951
1952

Colombia (Republic of)—
7 ,000
a6s ctfs of dep (A & 0)--1961

9,000

13,000
30,000
20,000
10,000

1,000

4,000

8%
8%

8k

30,000

37,000
18,000

a6s ctfs of dep ( J & J) —1961
225,000 Danish Cons Munic 5 Ms... 1955
91,000
5s
I—.1953
ADanzig P & Wat'way Bond
100,000
Aexternal s f 6%&
,-_1952
148,000 AGerman Cons Munic 7s__1947
123,000
a6s_
1947
34,000 AHanover (City) Ger 7s
1939
57,000 AHanover (Prov) 6 Ms
1949
42,000 ALina (City), Peru, 6MS--1958
174,000 AMaranhao (State) 7s
1958
144,000 AMedellin (Colombia) 7s..l951
7,000
7% ctfs of deposit
:_1951
3,000
a6Ms ctfs of deposit
1954
Mtge Bank of Bogota—
41,000
a7s issue of May 1927—-1947
a7s ctfs of dep (May)
1947
6,000
a7s issue of Oct 1927
1947
11,000
a7s ctfs of dep (Oct)
1947
54,000 AlMtge Bank of Chile 6s
1931
103,000 Mtge Bank of Denmark 5s 1972
210,000 AParana (State of), Brazil 7s'58
296,000 ARio de Janeiro 6Ms
1959
201,000 ARussian Govt 6%s
1919
236,000
A5MS
1921

5,000

•

No par

30

30

24

30

8

12

8

12

8

12

5

12%
12M
12 M
12%

18
18
18
15

11

8

11

18

8

11

11

8

11

30

19%

25

Ilk

20

11

20

11

11

20

11

14%

16

11

11 k

20

13

Sale

2

28 k Jan.

7
Apr. 21

11

27

16

24% Mar. 14

8% Jan.

26

13 k June

7

14

9

14

Jan.

June

9

13 % June 21
11

19% July

12

■20" "July 20

Mar. 16

17% May
15'

June

13% June 21
11

Mar. 16

4

20

July

Mar. 10

15

Mar. 10

20

12

Sale

12

19

12

21

30

24

21

30

24

25
25

20

10

16 k June 15
12
Jan.
3

26

24

26

22

Jan. 31
21% Apr. 21

25% Mar.
25% Mar.

19% Feb.

22

6

Jan.
85% Apr. 18 100
85
Apr. 20 96k Jan.

30

19 k
19 k

15% July

24

30

16 k June 15

10

19

40
40

16% June 15
14 % July

99 k

Sale
97%
99%

11%
6k
11 k

22

1945
1949
1961

30

22

94k

90%

80

88

86

87

35

19

18%

24%
21%
20%

25

21

22

25

18%
8%
9%
14%

22
10
12
16
14%

20

21

18 k

20
22

18 k
20

26

17

12 k
10
Sale

8k
9%

19%
Sale

14%

12%
11M
16

19

12

18
18

13
12

26%

28

26%

90

July

91

3

21

July
18 % July
17% July
19% July

24
19
3
3

value.

28

32

24

30 ■
26%
16
89

26

24

10%

12 k

84

95

12%
85%

11 %

Sale

8%

Sale

Me
Me

12

Sale

44

Sale
14%

9
9

M«
Me

*

Ex-dividend.

July 24
16% Apr. 11
16% Apr. 11

35% Feb. 20
Mar.

6

20

20

Mar.

6

Apr.

17

Jan.

31

22

Apr.

10

20

19

May
2
6% Jan. 20
11% Jan.
3

13

Mar. 10

15

Mar. 10

Feb.

2

15

June

9
10

Jan.

20

13

June

26% July

6

6

25 % Jan.

4
21

July

13
26
19

52% July
10
July
11% July

19
10
29

12%
14%

11

13

11

14%

non-voting,
voting trust certificates,

"w w" with warrants,

"x-w" without warrants.

Apr.

26
11

85 % July
11
July

Me

%

56

"w i" when issued.

).

21

25% Jan.

25

% July
Me July

53%

"m" mortgage,

"cod" certificates of deposit,
"cons" consolidated.

12
28
29
26

10

14 k July

19

1
15
14

56

"cum" cumulative,

r

"vtc"

July
19% July
18% July
20 k July

10

14% July

8% July

"conv" convertible,

Abbreviations Used Above:

23

6

5

16

4
Mar. 17

June

26 % July

6

32

26%

24

"n-v"

Mar. 29

14

26% July

30

Abbreviations Used Above:

a Bonds being traded flat.
t Reported in receivership.

17

7
3

9

24

13 k
13 k

July

18

26%

58

28

32

92

12

~7% '20"

45

July

32

22

86%

40 M
17
17
17
17

30

22

Jan.

11% Mar. 18
July

(City) Argentina—

40,000
a7s stamped
76,000 ASantiago (Chile) 7s
38,000
a7s




26

18

23
23

Sold under the rule.

a

25% Feb.

24k Jan.

26% July

20

15k

15
24

20

14%

26% July
26% July

18

17

Deferred delivery sale,
Sold for cash.

n

30

17

-

Santa Fe

5,000
2,000

21%

24

15
15
15
30

7
7
7

,

13,000
5,000
15,000

26M
26%

12

15
15
15
15

27M
30
30

24

30
30
30

8k

26%
26%
24

26

26%
24%
24%

(Colombia)—

a7Ms ctfs of deposit

ACauca Valley (Dept of) Rep of
147,000
Colombia extl s f 7s
1948,
8000
a7s ctfs of deposit
1948
ACent Bk of German State &

15,000
8,000

25 H

13

July
July
12
July
9
July
Me July
Me July

24
18
21
11
7
6

53 % July
10
July

27
10
29

86

11% July

21
June 30

11

85%
8%
5%
%

July
Jan.
Jan.
July
Me June

26 % Mar.
6
26
Apr. 21
16
Jan.
3

26

96% Mar. 17

20
4
15

15

29

47

Apr. 27
8k May
5
8% May
3

Mar. 10

14% Mar. 11
% Feb. 23
% Jan. 11
53 % July

14% Jan.
14% Jan.

27
25
2

a Deferred
delivery sales, in which no account i
taken in computing range, are given below:

No sales.
n Under the rule
sales, in which no account is
taken in computing range, are given below:

Guantanamo
Cash

& W RR 6s A '58,

July 11 at 51.

sales, in which no account is taken in
computing range, are given below:
r

No sales.

STOCK EXCHANGE

RANGE OF PRICES ON CHICAGO

Shares_

Jan. 1 to

1938

1939

Stock Sales

July
July 31

'

July

872,000
5,311,000

676,000
4,324,000

AGGREGATE

In

BONDS

Ask

115

957,000 Commonwealth Ed 324s__1958
26,000
Stamped.

STOC/CS
Fo>
11,185 Abbott Laboratories com
*
70
4 24 % cum conv pref
100
1,576 Acme Steel Co common
25
940 Adams (J D) Mfg common
*
5,550 Adams Oil & Gas Co com
*
4,950 Advanced Alum Castings
5
7,550 Aetna Ball Bearing common.-1
7,150 Allied Laboratories common—*
2,050 Allied Products Corp cl A
25
2,900
Common
10
8,207 Allis-Chalmers Mfg Co—._.*
270 Altorfer Bros conv pref
*
4,890 American Pub Serv pref—100
31,538 Amer Tel & Tel Co capital.. 100
52,155 Armour & Co common
5
3,000 Aro Equipment Co com
1
11,200 Asbestos Mfg Co common—1
2,300 Associates Invest Co com
*
3,700 Athey Truss Wheel capital..4
488 Auburn Auto Co common
*

Highest
Sale Prices

1,904

""270
270
400

300

1,350
2,050
50

650

1,229
50

670

3,616
5,213
500

1,600
300
300
50

11,419
9,700
1,650
120
100
650

3,250
2,800
2,650
12,340

3,550
100

1,750
7,450
150

"43"

July

t7>
15024
524

400

20

19

8024

Sale

88

Sale

924

H

Sale

4)4

Sale

2

Sale

18
7

324
724

824

3624

324

2924

5
13

sal

•

11

52u
.

ale

Sale

32

Sal

524
20

16

.

17

2024
724
1524

22
^a.

Sal

9

224

Sale

9

Sali

20 24

Sale

324
224
224

Sale
92
Sale

324

Sale

•X

924
1524
4

24

2024
924
224
1624
2124
1924
2324
5 24
824
1024
2

624

1624
10
Sale
824
524
2124
924
4)4
1724
2124
2024
2524
Sale
10

324
2

24
424

Sale

224
224
24
Sale

2

24

Sale
624

5

19

14

824
1824
10

524

9

Sale

1024
524

25 24

Sale

1024
324
1924

Sale

25 24

Sale

2124

Sale

424
20

2424

24

524
924

Sale

1024

11

224
Sale
21

20

24
38

36

Sale,

6

8

724
424
1924

17

2024
1024

9

224-

2

7
8

624
224
924

2224

9

*18

14

724
1224
1024
524

Sale

Sale

224
124
124
24

Sale
Sale

9

11

Sale

36

1

July

12
7

34

167 24

158

157

Sale

3)4

o

34

1

51,678 Butler Bros common
5% convertible preferred.
6,527

10,650
1,000

19

Sale

9

_

10

924
524
224

32

Sale

_

1,300
[ 950

6

16^
19 24
924
3524

13

24

2,350 Brown Fence & Wire class A.
Common
5,150
16,800 Bruce Co (E L) common
1,050 Bunte Bros common
4,550 Burd Piston Ring common—

9)4

64

11

18)4
724

5724 July

8U July

39

36

2424

7

27

Sale Prices

July

65

31

105

Apr.

14 123

July

27

Jan.

3 118

June

2^

5324 Apr.

65

July

31

Jan.

130

S1H Apr.

43

120

124
724
1424
1924
824
32 24

3)4
7)4
12)4
1924
8 24

2h

1,080 Backstay Welt Co common. _
1,300 Barber Co (W H) common.
6,350 Barlow & Seelig Mfg A com.
12,450 Bastian-Blessing Co common
8,750 Belden Mfg Co common
9,350 Belmont Radio Corp
96,485 Bendix Aviation Corp com_.
31,860 Berghoff Brewing Co
1,500 Binks Mfg Co capital
13,850 Bliss & Laughlin Inc com...
46,335 Borg-Warner Corp common.
2,970 Brach & Sons (E J) capital.

300

824
524
124
724

Sale

65

59
34

32

924

3

22,396 Aviation Corp (Del)
19,400
Rights (w i)
67,480 Aviation & Transport cap

5724

130
Sale
Sale

1,100 Automatic Products com
5
2,700 Automatic Washer common..3

""loo

Sale

58

Highest

Sale Prices

116

Shares

Shares

1

109

123

12424 124 54 117 24 Jluy

116

115

Sale

109

Lowest

Lowest

Ask

Ask Bid

Bid

Sale Prices

July 31

July 1

1939
Bid

$

102,000

RANGE SINCE JAN.

Jan. 3

Since
Jan. 1

%

96,000

Price

STOCK EXCHANGE

July

$75,000

986,000

July 31

PRICES IN JULY

CHICAGO

SALES

$102,000

-----

--

Jan. 1 to

1938

1939

Bond Sales

224 "2 24
724 Sale
23
2224

7
524 July
7
124 July
7
7 24 July
1424 July 15
1924 July 25
8
July 20
3
3124 Julv
19
July 10
1
80 24 July
1
157 24 Jul j
1
3 24 July
5
824 July
1
24 July
3
3524 July
3
3
July
124 July 12

24 July

6

3 24 July
24 July

1

2 24 July

6

1

21
25
6
July 19
2 24 July 28
924 July 20
17 24 July 21
1924 July 25
10
July 29
3854 july 18
20
July 11
94
July 24
16824 July 26
6
424 July
9
July 18
July
1
oo*4 July 26
38
324 July 18
124 July 27

3824 July
9 '2 July

24
424
24«
224

July
July
July
July

5

6
21
6
25

3

25

3

i*

3
9

Jan,

May

924 July
1724 July
1924 Jan.
10
July
47 24 Jan.
2124 Apr.
94
July
17024 Mar.
624 Jan.

June

Apr.

May

5

Apr.

2824 Apr.
18

June

59

Jan.

Apr.

Mar.

30

Apr.
224 Apr.
124 July
124 Jan.

38

324
424
2 24
24
854

24 May

224 June

Mar.

Feb.
Feb.
Jan.

June

Jan.

July

7

5

Apr.

10

11

13

Jan.

24

14 24

824 July
15
July 11
8
8
July
3
4 24 July
3
20 2s July
5
9)4 July
4 24 July 17
5
17
July
3
2124 July
20
July 10
24
July 10
1
524 July
5
924 July
1124 July 26
2
July 17
1
6 24 July
6
2024 July

924
1824
1024
554
26 24
1024
424
1924
2624

724 Jan. 25
10
Apr. 10
624 Apr.
424 Apr.
1624 Apr.
724 Jan.
2 54 Apr.
13 24 Apr.
20
Apr.

1024
1824
1124
624
2924
1024
5 24
20 24

July
Mar.
July
Jan.
Jan..
Jan.
May
Jan.
Mar.

32

Jan.

22

June

1124
1624
13 24
7024

13
July
1824 July
13 24 July
7624 July

18
27
28
18

54 July
6 24 July
124 July
112
July
70
July
5
July
19
July
1324 July

18
27
2a

4
1

Apr.
Apr.

24

100

Jan.

31
27
21
14

45

22

2524
524
11

1124
2 24
824
22 24

July 12
July 28
July 29
July 25
July 28
July 24
July 17
July 18
July 18
July 28
July 14
July 12
July 17
July 26
July 22
July 22
July 25

17

Jan.

2024 Apr.
5
Apr.
924 Apr.

10

7 24 Feb.

2

June

6

Apr.

10

1824 Apr.

11

15
28
5
5
3
31

19
10
3
7
4

724 Jan.
17 24 Jan

Feb.

11

14

25 24 July

9

8
27
18
3
19
14

June

June

14 24 July

7

3

6
24

June 14

11

July

29

11
4
25
Jan.
4
June
1

26

5

14 24 July

20
25
17

1024 Jan.

11
16

2*

Jan.

924 July
924 Jan.

Jan.

524 July
July
Apr.

14724
324
724
24

June 15

.

19

3
1124 May
3 24 Mar. 14
9
Jan.
3
23 24 Mar.
8
_

13

Campbell Wyant & Gannon
Foundry capital
*
1,976
5,280 Castle & Co (AM) common .10
1,320 Cent Cold Storage Co com__2u
Central 111 Pub Serv pref
19,620

413
550

190

3,260

Cent III Secur

10,000
6,550

400

402

1,350
340

1,200
50

14", 550

18,050

1,100

100

20

Sale

524

1

10124

Sale

47 24

Sale

224
15
15
.....

70

1524
24

13

300
250
90
508

430

"124

150

1,550
10

25

1224

25

65

6924

34

33

Sale

100

4
pref..*
*

24
7h
109
68

2

24

85i

1 2 24
19
13 2
Sale

July 13
July 10
July 27
July
5

4

24

18

1324
124
3624
12 24
7 1 24
24

24 July
7
524 July
1
July
Sale
113
10624 July
50
Ji ly
Sale
4
July
524
182s
1624 July
13 i4 July
14
24
Sale
124 Jul}
33
July
38
25
70
July
7 3 24
24 July
24

110
69 5i

24

2 24
24
24
224
7 24
6
724
110 24
110
112
11024 112
6824
7 5 24 71
7524 7 1 24
68
6724
6824 8124 Sale

724
224
1824
2754

35
Sale

27

15

10

common.

9,250 Consolidated Biscuit com
Consolidated Oil Corp

18,050

8

224

July

16 24 Jan.

8

13
11

23 24 Jan.
15
Jan.

4

76 24 July

18

924 Apr.

524
224
28

5 24
224
32

24 Sale

524
624
224
224
28)4 32
3124 Sale

Jan.

224 Apr.
15

Jan.

18
26

33

7324 July
24 July

22
17

62

554 July
224 July

15

28 24 July

10 11024 July
20 7124 July
84;-4 July
1

10
24
25

6 34 July

24
28

13

2>4 July

1

6

Sale

*

9

Sale

424
724

1124
Sale
7 24

13
4

724

13 t4

424

Sale

10

July
4
July
724 July

1
3
25

3124 July

29

July
5
July
7 24 July

27
18
6

19

13

Jan.

4

Apr.

13

224
3824
14 24
7824

Jan;
4
Mar. 10
Feb,

8

Mar.

8
4

2 24 Mar.

J4Mar.
24 July

24 July
824 Jan.

Apr.

1

15
4

11024 Feb. 21

10724 June
6724 Jan.
5324 Apr.
554
2 24
1824
2524

21

Jan.

Jan.

24 Apr.
2

24 July

July

15H

June

13c
14

19

1224 Apr.

6

July
July
July

5
54 Jan.
624 July 27
5
124 Jan.
112
July 24
70
July 31
4
624 Mar.

24 May

124 July
37
July

15

6
5

11

Apr.

1224 Jan.
6424 Apr.

16

1224 Apr.
24 Apr.
124 Apr.

6

Sale

72

July 13
Jan. 14
Jan. 27
Apr. 11
Apr. 11

9 24
3 24

27

3154
22c

Feb.

23

July

25

Feb.
Mar.
May
July
Apr.
Jan.
Mar.
Jan.

6
2
29
29
27
7
13
7

9

Apr.

26

4

July

7

Apr.

25
11

424
124
24
924
1624
102 24
1924

May

754 Jan.

6

May

2 54 July
124 Jan.

13

1554
654
9)4

Consumers Co—
V t

pref part shares

50
50
*
980
5,549 Container Corp of Am com. .20
*
2,395 Continental Steel common

2,320
940

c

Com part shs v t c A
Common part shs vtcB

Preferred

100

654

754

424

8

2 24
1

3

2

2 24

154

1624

Sale

27 54

Sale

37

80 Curtis Lighting Inc common. _*

1

56
14

9*
18

924
20

424
7
124
2
24
124
1124
12
2724 Sale

424
124
24
924
2024

524
2 24
124
1124
29 24

July
July
July
July
July

July
July
July
July
July

19
13
18
27
27

98

10124

25
11/979 Crane Co common.
100
2,520 Cudahy Packing Co pref
7,151 Cunningham Drug Stores. .2 24

For footnotes see page 56.




24
124

7124
24

83 24

665

"l~,755

14

70

25
422,634 Com'wealth Edison com
Rights
854,000
8,950 Compressed Indus Gases cap .5

1,300
2,226

424
Sale

1424
24

124

51

50

324
1624

3624

6
107

424
1524

Sale

6
Sale

35

_

400

75

10524 108

13,830 Cities Service Co common. .10
7,950 Club Aluminum Utensil Co..*
770 Coleman Lamp & Stove com..*

3,000

l",806

Sale

24
524

.5

40,282 Chrysler Corp

2,881

69,204

7024

1124
1824
1224

*

460 Chicago Towel Co conv
Common capital
550

20

"

Preferred

410 Chicago Ry pt ctfs "I"
890 Chic Rivet & Machine cap

""410

Sale

68

1024
1824
1324
Sale

*

14,800 Chicago Flexible Shaft com. .5
100
4,872 Chicago & N W Ry com

152

12

*

Preferred

40 Chicago Electric Mfg A

l",206

924
1624

15

1

Preferred
*
7,770
3,360 Central States Pr & Lt pref..*
.*
5,500 Chain Belt Co common
5
1,600 Cherry Burrell Corp com
*
50 Chic City Con Ry pt com
1
120,680 Chicago Corp common

"

18
23 24

1424

Corp—

Common

Convertible preferred
*
77,110 Central S W.Util common.-50c
Prior lien preferred
*
2,902

650

13,350

17
22

Sale
Sale

1624
2

109 24 106
109
23 24 Sale
2024 Sale
50
55
5424
......

1624
1

17
2

1824
1

Sale
2

1924 July
July
1624 July
1
July

51

7

25 24 July
55
July

14
28

1824 July
1
July

3

18
17
31
28

Jan.

Apr.
Apr.
Jan.

July
May
1224 Apr.

50
1

Anr.

19

16 24 Jan.

3

29 24 July

27

June

9

37 24 Jan.
73
Mar.

4

110

8

1824 July 31
1
Apr. 26

CHICAGO

Aug., 1939]

STOCK EXCHANGE

55

AOGREOATE

PRICES IN JULY

CHICAGO
STOCK EXCHANGE

SALES

STOCKS

July

Jan. 1

Shares

July 1

1939

Shares

Par

Bid
16

Ask

Sale
Sale

13,600 Dayton Rubber Mfg common-1
Cum class A pref
1,030
—35
Decker (Alf) & Cohn—
Common
---10
3,700
Preferred
100
60

150

28

880 Deep Rock Oil conv pref
16,539 Deere & Co common-.-.

1,400

RANGE SINCE. JAN 1

Price
Jan. 3

Since

In

July 31

Ask Bid

Bid

13%

14

15%
15%
30% Sale

10%
20% Sale

26

Ask

24

Lowest

Highest

Sale Prices

Sale Prices

13% July
July

5
19

2% July

19

30

Lowest

16
July 17
30% July *31

Highest

Sale Prices
9
Apr. 11
23

Apr. 10

Sale Prices

17% Jan.
30% July

20
31

.

150

-

"20
1,070

*

160 De Mets Inc pref--Dexter Co (Tne) common--—0
Diamond T Motor Car com—2

10
60
415
550
700
400

300

3,300
1,150
270

*

*

2,250
3,115
3,435
1,450
3,650
3,800
23,090
10,605
3,291

*
—*

Dixie-Vortex Co common
Class A

Dodge Mfg Corp common—-*
Eddy Paper Corp (The)-----*
El Household Util Corp
5

-15

Elgin Nat Watch Co
Fairbanks

Morse common—*

2% Sale

18

4%
9

38

2%

2%
38

20

15

20% Sale
13

Sale
5

5
Sale

6%
10%

32%

35

8% Sale
14
15)4
3%
3%
19)1 21
42 % Sale

2%

8

16%
2%
19%

19%
3
20

25

28

2% July

19

35

13

12)4 Sale
33

2%
20

5%
7%
11%

33%
Sale

16% Sale
3
3%
21% 22
32
33%

6%
16%
2%
19%
26%

July 21
3
July
July 11
July 19
Jily 13
6
July
6
July
July
8
July 27
July
6
July 10
July
1

13%
3%
13 %
2%

July
July
July
July

18%
13

5
6

10
31

30
21

13

5%
6%
10%
32
8

17%
3%
21%
33%

July
July
July
July
July
July
July
July
July
July
July
July

21
18
11
20
25
28
14
28
17
18
18
18

3% Mar. 30

1% Mar.
34

30

30

Jan.

10

Jan.

38

Jan.

30

28

15% Jan.
13
June
4
Apr.
5% June
9% May
31
July
6
Apr.
14% Feb.
2% Apr.
17% Apr.
24% Apr.

21
12
29
18
6

July
23% Mar.
19% Jan.
5% May
9% Jan.
12% Jan.
35 % Feb.
8% Jan.
19 % June
4
May
22% Mar.
43% Jan.

4

21
9
17
23
4
3
27
6

5
22
10
4

Fitz Simons & Connell Dock

150
950
700

3,500
1,900
265
100

2,400
1,423
mum

mm

—

—

5,589
41

353
mm

mm

mm

m

300

2,274
1,050
6,150

4,771
—

150

2,650
450
160
130
100

1,975
250

5,650

1,400
2,032
700
625
429

1,214

& Dredge Co common*
4,250
10
4,850 Four-Wheel Drive Auto
9,650 Fox (Peter) Brewing com—-5
1
17,900 Fuller Mfg Go common- -

13,600 Gardner Denver Co common-*
$3 cum con vr pref
20
700
3,124 General Amer Transp com..-5
-.5
1,750 General Candy Corp A
13,300 General Finance Corp com—1
*
10,040 General Foods common..
10,150 Gen Household Util com.----*
—10
57,560 General Motors Corp
984 General Outdoor Aav com—*
3,761 Gillette Safety Razor pref—*
40 Godchaux Sugar Inc class A— *
4,450 Goldblatt Bros Inc common--*
16,549 Goodyear Tire & Rub com—*
8,000 Gossard Co (H W) common. - *
55,450 Great Lakes D & D com.—--*
22,081 Hall Printing Co common..-10.
760 Hamilton Mfg cl A part pref. 10
2,650 Harnischfeger Corp common-10
23,650 Heileman Brewing Co G cap., i
1,300 Hein Werner Motor Parts—3
1,990 Hibb Spencer Bartlett
2,910 Horders Inc common

com..25

12,900
16,952
3,450
2,625
2,851
12,566

10

Illinois Brick Co..—

200

3,500
7,150
30

1,680
110
200

2,050
970
600
60

1,300
50
50

1,384
650
90
150

120

488
260
250

150

190
140
150
400
20

33,110
1,800
160

4,900
76,560
400

2,100
2,750
1,650
4,800
1,700
50

1,300
500
*

~

«.

«•

-

41% Sale

6%

6%
7% Sale
33
11 %

Sale
36% Sale
10%
11
26% Sale

ll% T'
5)4 Sale
6% Sale
7
8%
Sale

11%
24%

17% Sale
10%
12
2

Sale

6% Sale

4

*

93

4%

94%
60% Sale

*

Le Roi Co common
10
2,100
12,589 Lib by, McNeill & Libby——*
8,700 Lincoln Printing Co com—--*
$3.50 preferred
*
1,470
1,700 Lindsay Light & Chem com. 10
Preferred.
10
170
Lion Oil Ref Co common.
_*
5,063
—

2,334 Liquid Carbonic common..—*
*
3,700 Loudon Packing common
—5
600 Lynch Corp common

2,270 McCord Rad & Mfg "A"—-*
1,030 McQuay-Norris Mfg com—_*
800 McWilliam Dredge common.-*
7,700 Manhat-Dearborn Corp com.*
390 Mapes Consol Mfg capital— - *
*
158,405 Marshall Field & Co com
1
30,160 Mer & Mfrs Sec cl A com..
Prior preferred
*
2,920

2%
16%
26

3
18%
26%

"20% ~2i"
41

45

Sale
6% Sale
4%
70
29

85

Sale

69% Sale

1% Sale*
2)| 2§
29
3
22

31%
Sale
25

7
7%
6% Sale
5

29%
2

9%

Sale

31
Sale

9%

,19% Sale
18%

32%
8

26
16

%
15%

19

35^*
30

17%
%
20%

12% Sale

25

Mickelberry's Food Prod com.l
Middle West Corp capital--.5

4

7%

4%
Sale

Midland United Co common--*
Convertible preferred.
*
Midland Util 6% pr lien—100

100
-—.100
-.100
Miller & Hart Inc conv pref..*
Minneapolis Brew Co com—1
Modine Mfg common
*

Sale^

4%
% Sale

7% prior lien
7% preferred A.-6% preferred A.

Monroe Chemical Co com
Preferred

*

*

-----

1,940

1,360 Muskegon Mot Spec class A__*

2H

2^
3K

41

Mountain States Power preflOO
4,050

40

Sal?
3*
2?

14% Sale

•

600
80
405
50

490

2,360
400

5,400
600
150

4,150
200
280

910
m,

mm

m,

m,

mm

mm

60
110

Nachman Springfilled com
*
1,400
i\ational Battery Co pref
*
4,230
Nat'l Bond & Invest com--.-*
1,035

750 Nat'l Pressure Cooker Co
Nat Republic Invest Trust—

2,980

2

Cumul conv pref
National Standard—

Nor West Util pr

7% preferred

*

com

37,610 Northwest Bancorp com
4,650 Northwest Eng Co common3,580
3,849

31%
15%
4

9

32%
16
5

10

lOOl

_

*
*

lien pref-.100
100

120 Nunn-Bush Shoe common..2%
50 Okla Gas & El Co 7% pref. .100
*
1,253 Omnibus Corp vtc com
*
770 Ontario Mfg Co common
_

Common-.

•340

Convertible preferred
420
1,700 Parker Pen Co (The) com

For footnotes

see

page




5%

19

Sale

)f Sale*
§* 7%

25

14%

16

Sale
14%
12%
14

41%
12%

.-...

16%
10

.*

7%

*
10

25%
15%

56.

\

8
27%
16%

Sale

4

5

'V ~20~~

15

July 22

41 % July

1
12
11

49% July 28
4% July 12
6% July 24

40% Apr.
10
Apr.
1% Apr.
36% Jan.
% Jan.
37% Apr.
4% July
5% Apr.

12

30
10

4% July
6
July

Sale

12%

13%

14

Sale

12% July

8)f 8%
3§% 35H
11

Sale

8%
8%
35

9
9%
36

23%

11%
25%

25% Sale

10%
10%

11
11%

12%
10%

Sale

1

4
4%
10%
11
16% Sale
2
2%
70
73
53%
55
3%
2%
4
16%
17%

10
15

11%
17%
38
41%
4%
4%
7% Sale
91
"40""
36
92
95%
8
Sale

7

3

%
1%

12

1

4%
13\%

18%
3
81

Sale
Sale
19%
3%

4%
10%
16%
2%
69%
53%

84

18%

42

47

6
8%

5%
8
90

100

41

94

96
9
Sale
1

1%

1%

30

28

3

25%
8%
5

2%

30

3%
26%
9%
5%

3% Sale
25%
26%
8%
9%
5
5%
2%
3
25%
28%
2%
2%
9% Sale
12%
13%
16%
17%
1%
1%
31
Sale

3

32

25

2%
9%

2%
10H

14

13%

14

28

26

5%
Sale

30

9%

11

1.*

22

.

12

12%

3%
26%

27%

4

5%

Sale

1

July

7

14% July 25
5

July 31
9
July 17
9
July 25
35
July
12
July 13
25% July 31

5
27
1

July
July
July
July
July
July

21
1

5% July
July

26

1
3
6
1
6

3
10% July
17
July 12
43
July 25
3
4% July
1
7% July
92
July 17
6
38
July
94
July 15
8
July 19
3
2% July
5
% July
6
1 % July
30% July 10
3
July 15
7
25
July
7
9
July
4% July 15
2% July 18
27% July 21
2% July 21
9% July 11
13
July 14
5
13% July
8
1% July
28% July 25

July

5

30

"8% "16%
21

12

26

19
22
18
31

13 % July

22

11

17
10

July
1% July

4% July
13 % July

18% July
2% July
83% July
60
July
5% July
4% July

10
21
24

8
25

18
26
26

17%
Sale

17

7)
3)

2*

10% July
10% July

3

14

32

4% July
8% July
8
July
35
July
10% July
24% July

Sale
11
1%

54% Sale
5%

16%

July
July
July
July

6

4

24

14% Sale
4
4%
27% Sale

Jul}

10%
%
22%
11%
3%
26%

July
July
July
July
July
July

18
1

27

14% July 28
18% July 26
45
July 28
5% July 28
8% July 18
92
July 17
43% July 28
96
July 25
8
July
3 % July
% July
1 % July
32% July
3% July 31
25
July
7
9
July
7
5% July
5
3 % July 27
28% July 28
272 July
9% July
13 % July
17% July
1% July
31
July 31
__

5% July 31
31
July 13
11
July

12

25
1
3

14

% July
22%
15%
4%
27%

July
July
July
July

3%
6% Sale
%
1%
2%

4, P

% Sale
% Sale

2%

2%

10%
16%

11%
18%
2%

1
43
55

18%

45

Sale

20%

6%
8
35% Sale
10
13%
5

7

17

18%

20

20%

3% Sale
9% Sale
%
3
2%
7%
6%

7%

7

%
%
2%
11%
17

2%
12%
20%
2%
43 %

1%
40%
66% Sale
19
20%

5

9
36%
14%
7

1

35%
13%

21% Sale

11%
8

18*
11%
Sale

26"" Sale
2% Sale
6%
11%

a

7

Sale

9% Sale
17
19
60
Sale
21% Sale
11%
13

15%

18

48

52

16%

18

13%

12%

14%
13%

6
25

7

6

31

66^
49%
2%
2%
15%

14

14

14% July
6

9

37
13

Jan.
Apr.
Apr.

10

Apr.
Apr.
Jan.
Jan.
Jan.

8

10

11
26

Jan.

Apr.
2% Apr.
% Apr.
1 % July
27
May
2% Apr.
6

Jan.

6% Jan:
Anr.

2

Mar.

25

June 22

1%
9%
12%
13%

Apr. 11
Jan. 28

Apr.
8
June 29
.

Anr.

8

May 18

12%

15%
13
7

14%

Apr. 10
Apr. 10
10% July 27
% Apr. 10
19
Apr. 12
9% Apr. 11
3% Anr. 11
26
Mar .13

6% Jan.
20% Jan.
22% Jan.
4

Jan.

94% Jan.
66
Mar.
6% Mar. 10
5
Feb. 24
19
Mar. 7
.

26

Jan.

14% July
19% Jan.
46
Mar.
5% July
8% July
92% May
43% July
96
July
8% Mar.
4
Apr.
% Jan.
2% Jan.
32% July
3% June
25% June
9
Mar.
6% Jan.
5% Jan.
32% Mar.
2% Apr.
9% Mar.

4
28
5
14
28
18
19
28
25
7
13
18
4
25

22
2
16

3
4
16
24
2

Jan.

6

18% Jan.
1 % Jan.
33% Jan.

4
18
20

20

8

Jan.
3
Mar. 11

16%
%
22%
15%
5%
28%

Jan.
6
4
Jan.
July 25
July 24
3
Jan.
9
Feb.

16

Jan.

Jan.

21

8
2% Apr.
5% Apr. 11
% Jan. 19
2
June 30
% Feb. 24
% Feb.
% Jan.
% Jan.

4% Jan.
9% July
% Jan.
5% Mar.
7% July
7% July
1% Apr.
1% June
3
Feb.
12% July

21
11

16

Apr.

22
45
68

20% July

28

8% July

14

2

Jan.

7% Jan.

20% July 28

14

5
1
3
19

8% July
35% July
14
July
5
July

14
10
28
19

July

5

% Juiy

3

1

July
% July
20% July
2% July

15
7
3
18

22

Jan.

Apr. 10
30% Jan. 25
10% Apr. 26
4
Jan. 18
% Apr.
16

6

11% July
10
July
18
July
63
July
22% July

22

11

6% Apr.
14% J an.
40% Jan.
11
Apr.
12% Jan.

14% July
12% July

11
12

16

July
July

18
12

6% July

28

6 % July

28

6

12

14% July 22

9
6
13
__

18
7
9
24

Jan.

16

7

May 27
July 27

36% June 26
15% Jan.
4
6% June 19

Apr.

28

% June
16% Apr.
2% Feb.

1

Jan.

July

28

1% Jan.
27% July

Jan.

25
18
28
31

4

22

10

Jan.

11% July 24
1
8
July
17% July 20
8
50
July
17% July 10

31

2% Feb.

6

July 28
% July
7
27% July 28
2% July 18

July

17% Jan.
3
12% Feb. 16
2% Jan.
5

32

July

14

6

3
4

25

28

Jan.

12

3

7% Feb.
12% Jan.
July
20% Mar.
July
63
22% July
13% Jan.

12

1
7

10

25

May
13% Apr.

112

28
31
4
June 27

20

Feb.

Feb.

14

Mar. 11

109
15,

Jan.
Feb.

5

7% July
35% July
12% July
5
July

18

3

25% July 31

June 26

4

Mar.

9% May 31

Apr.

69% Jan.

.

25

Mar. 30

5% Jan.

18
Apr. 11
3
10% July
15% June 29
36
Apr.
5
3% Apr. 11
5
Feb. 16
74
Mar.
8
29

Jan.

July 31
July 31
July
July
July
July
1
July
1
July
3
July
12% July
18% July
3%
9%
%
3%
7%
7%

26

12%

18

Apr.
Jan.
July
Jan.

68~4 Jufy~27

20

5

13% Jan. 11
4
37% Jan.
12
July 18
27% Feb. 28

3
24

54% July

5

30

4
Apr.
4
9% Apr.
8
16% June 30

25

22
13
5
24
18
31
3
9
11

Apr.

2% Feb.
40% Jan.
41% Mar

1%

7

1

2

July
6% July
% July
2% July
6% July
6% July
% July
% July
2% July
11
July
16% July
3

July
Apr.
60
Jan.
11% Feb.
3% July
47% July
% Jan.
51% Mar.
6% Jan.
8% Jan.

8% Anr. 11
9% May 8
1
June 26

1

Mar. 13
3% July 27

Jan.

8%
4%
4%
6%
7
34%
10%
23%

22

14% Jan. 20
4% Mar. 23
15

15
63

Jan.

21% Apr.
9
Apr.
18% Apr.

16

3

12
16

11% Apr.

July J 8
July 28
July 18
July 31

26

5

Jan.

53%
11%
3%
47%

10
22

6

2

5
28
6
3

11% July
25% July
10
July
22% July

4

Jan.

6

12%
Sale
12

24%

10% Apr. 10
Apr. 24

3
10

14% July

11%
29%
11%

105

17%
15%

July 22
July
1
July 22
3% July 27

15

46% July
11% July
2% July
42% July

12%
25%
10%
22%

11%

....

12%
13
7% Sale

14
4

59

6%
20

6

15

50%
52
10%
11%
2%
3
47% Sale

48%

°5

4

1%

Oshkosh B'Gosh Inc—

••

44

*

Common stock-:
10
6,826
National Union Radio com
1
5,100
Noolitt-Sparks Ind Inc cap. .5
23,700
20
8,650 North American Car com
*
250 Northern Paper Mills com

3,300 Northern 111 Finance

7%

2% Sale

Sale

5% Sale
Sale
27

Metrop lndust allot ctfs

180

-

49% Sale

1

La Salle Ext Univ common—5

14%

14
3%
14%
3%

60

10

Indiana Steel Prod com
Inland Steel Co capital.

$6 preferred
---*
Iron Fireman Mfg Co v t c—*
Jarvis (W B) Co capital..
1
New capital
1
Jefferson Electric Co com
*

14%

43

11%
23%

3

64%
46
12

Sale

23

250 Lawbeck Corp 6% cum pref 100
*
9,980 Leath & Co common
Cumulative preferred—— *
900

28,300
314,830
7,350
14,300
41,590
23,860
47,402
15,880
1,030
4,550
2,550
1,000

11

37

12%
3%
14%

14%
45

2H
3
29)4 Sale
% Sale

Sale

5,550 Kentucky Util jr cum pref..50
6% preferred
100
990
1,700 Ken-Rad Tube & Lp com A—*
5
9,550 Kerlyn Oil Co common A
11,370 Kingsbury Brewing Co cap.—1

40

Sale

21

Internat Harvester common--*

12%
14
3% Sale
13%
14%
2%
2%

62

14%

58 %

20

1,140
19,900
22,510
2,150
1,500 Joslyn Mfg & Supply Co com.5
1
17,260 Katz Drug Co common
*
29,600 Kellogg Switchboard com
Preferred
;
100
370

6,500

13%
59

*

180 Interstate Power $7 pref

700

2

4)4
10
2%

Indep Pneum Tool vtc

530

16,310

9)4

12 %

Illinois Central RR com—100

10

«...

*

Class B
*
15,753
1,710 Hubbeli, Harvey, Inc com—5
1
21,657 Hupp Motors common—

70

«.

*

1,000 Hormel & Co (Geo) com A
Houdaille-Hershey—

12
4

12

6

June 19

27% Jan.
11% Apr.

7
17

16

25

7% Mar. 8
30% Mar. 29
15% Jan.
9

CHICAGO

56
AOOREOATE
SALES
In

Since

•»

mm

«•

STOCKS

1939
Par

3id

com—--*
_-_l00

—

100

1,543
1,349
110
900

50
230

700

1,440
50

640

340
100

750
500
110

1,040

T.900
650

5,175
600
70
200
10

3,500 Peabody Coal Co B
40
6% preferred

3,050 Penn Elec Switch conv A—10
-*
2,500 Penn Gas & Elec A com
12,039 Pennsylvania KB capital----50

9,059
2,240
2,900
11,500
2,901
2,600
15,205

Peoples Gas Lt & Coke cap 100
Perfect Circle (The) Co
*
Pictorial Paper Pkg com
5

common—1
Poor & Co class B
-*
Potter Co (The) common
1
Pressed Steel Car common—1
5% convpref
50
50
1,050 Process Corp common—_ — *
*
5,440 Quaker Oats Co common
Pines Winterfront

--100
10

Preferred

1,890
1,050 Rath Packing common
3,300 Raytheon Mfg Co com v t c 50c
6% preferred v t c
5
2,050
1,570 Reliance Mfg Co common—10
Rollins Hosiery Mills—
Common
-1
51,340
220 Ross Gear & Tool common---*
-

-

'7,300
8,700
29,620
4,220

*

Sangamo Electric Co com
Schwitzer Cummins

capital—1
*

Sears Roebuck & Co com

Serrick Corp class B

common_1
Co pf—30

300 Sou Colo Power A common..25

350 Southwestern Lt & Pow pfd__*

50

1,150
6,500

2,143
750
950

2,070
2,526
115

9,750

1,546
26,975
1,780
1,450
14,967

Standard Gas & Elec com

*

Stand Oil of Ind capitalStein & Co (A) common

25
*

Sterling Brewers Inc common. 1
Stewart-Warner Corp com—5

10
2 150 Storkline Furniture com
Sunstrand Mach Tool com—5

7,940
38,197 Swift & Co capital stock
17,263 Swift Internacional

5,436
8,100
15,003
14,610
3,159
35,750
5,750
8,800

Thompson (J R) common
Trane Co (The) common

U S

Gypsum Co

common

Utah Radio Products

60

210

250

4,935
50

3,710
80

1,916
981
300
10

15

25
2

20
1

com

20

850

25

Union Carbide & Carbon cap.*
United Air L Transp capital. .5

Utility & Ind Corp common.
Convertible preferred
170 Viking Pump Co common

250

27*6
433
Sale
9

4

Sale
15
16M
% Sale
14% Sale
%

41

44

h
L17 X
L52

26%
1X.
h
10k

ix
Sale
29
2

_

-

5
7
*

X
11 x

IX
L03

7,972
Wieboldt Stores Inc com
2,500
Cum prior preferred
60
1,750

Williams Oil-O-Matic

90
Sale

*58~" ~80"
11

12

■134
3%
28 X

2
3k
Sale
10
12%
2k
3%
12 M Sale
5

6

8%
18 X
27 X

Sale
Sale
Sale

3%

Sale
Sale

15

90*6 Sale
12 h Sale
110 X Sale
2% Sale
X
20

H

com

*

*

1

Sale

143 X 160
51X Sale

32%
23%
118

8%
80

Sale

1834
3733
2533
434
33
1033
33
834

1834
39
28

434
Sale

1134
33
9

34

33

33

12

133

134

133

31
833
7833
133

3133

1%
Sale

12
10

1834
133

107"

Sale

934

"1034
32
73

70

0k
133

933
134
234
2433

3

25

9

2%
7

"333
Sale

6

533
8

1733
2433

31

1334
933
1934
109

Sale
Sale

2534

3

1233

1034
134
3

2533
1134
234
834
534
8

17%
2633

334

1534
8233

10

81

86

9131.

234
%
133

#
48

Sale

2133
1733

119

92

133
3133

18

133 July
27

834
7433
133
26

15

12

13

1033
1733

1933
133
Sale

"I§"
79

15

1

9
Sale

75

73
1034

133

34 July
July
July
2934 July
133 July
3-3 July
934 July

34 July
July
July
2934 July
134 July
33 July
1133 July

1

107

9234
1034

17

July
July
July
July
July
July
July
July
July
July
July
July

133 July

24

1

1233
134

V*

16 k

38%
1%
133
Sale
22%
16634
53 %
Sale
25
2333
2733
18

-

Sale

133
334
Sale

2434 July

9

634
834
Sale

27

2534 July

29
24

333 July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
8
July
90
July

3 34 July
1434 July
7233 July
10 33 July
Sale
Sale
8233 July
Sale
133 July
33
34 July
133
134 July
18
1634 July
39
July
Sale
IX July
21
Sale
July
Sale
16634 July
48
Sale
July
23 33 July
27
Sale
1633 July
111
9433 July
6
Sale
July
90
95
July

334
1634

24

16

8433
1334
9433
233
34
133
16 34
3934
133
23 33
16634
5533
2533
2733
11034

Sale

94
7

109

6

90

90

95

90

1

2

1

43&

4 34

433
434

434

25
28
18

13
24

25
18

25
18

24

11

25
19

19
27
6
31

22
12

31
25

2

Sale

*

2%

3

2

4k
5%

Sale
5k

8

Mar.

Apr.
Apr.
Apr.
July

9

11
11
10
11

Mar. 30
Anr. 11

Jan.

5

Apr.

17

934 June 30
4
3233 Apr.
65
May 29
9
Apr.
8

233 July
934 July
6
July
834 July
1833 July
2733 July

3

234 July
7
July
6
July
734 July
1733 July
2433 July

ll*

104
88

July
1033 July
133 July

31
19

3lA

Feb.

16

Mar. 14

134 June 23
1
233 Apr.
23 33 Apr. 12
1034 May 10
233 Apr. 13
Apr. 11

534 Jan.
7
Apr.
17
Apr.
24 33 July
3

7

12
10

7

534 Feb. 24
4
2433 Jan.
6
40% Feb.
Mar.

9

June 16
Jan.
Jan.

Jan.
Jan.

10
4
3
5

June 15
Jan.

27

July

31

Jan.

20

Mar. 14
Jan.

12

Jan.

23

July

18

Jan.

6

1933 Jan.

26
8

May 29

834 May 15
1633 Apr. 10
1
July 20

15

334

10

1633

8

73

72
July
933 July
134 July

Apr.

Sale Prices
Jan. 10

1534 May 24
30% Apr. 11
24
Apr. 10 20
5
334 Feb. 17
34 Apr. 10
%
1
833 July
33 June 13
633 Apr.
8 1433
23 34 June 15
2334
33 June 16
33
10834 Apr. 10 125
149*4 June 28 157
27
Apr.
5
30
6
2
33 Apr.
July
8
834 May 16
1133

2233
733
6036
133
2234

3134 July
9
July
8033 July
133 July
29X July
14
July
1033 July
1933 July
133 July
109
July
9234 July
1334 July

3633

13

21

1

35

7233

3934

133

90

91

18
27
24
13
17
25
12
18

156

1%

834

93l

July
July
July
July
July
July
July
July
July

30*

Highest

Feb.
7
1
13 34 Feb.
3
May 11

125

1034

74 k

433
33
1134
33

119

0k

733
7434
13-8

27

150

9

29

1933
38%

3433 July
25
July
433 July
34 July
833 July
33 July
733 July

Sale

ls/s

27

3

July
1633 July

Sale

IX

31

19

27

23

32
134
33

58*

% July

19

3

4

3

119 X 125
156
160

29

% July

1533

X

X
118

31

*

1
912 Wayne Pump Co capital
Western Union Teleg com. .100
8,654
West'house El & Mfg com
50

24

4
105

78%
15 X

Wahl Co

70,297

20

12X

39

390 Ward (Montgom'y) & Co ci A *
Common
*

8

Sale

Preferred

common
3,950
27,0/5 Walgreen Co common

nA

7

-

2% Sale
19 H
21X
24% Sale
0 k Sale
73 X Sale
2% Sale

9H

4%
X
83-3

148

19

2
17,655 Spiegel Inc common
10
151 Sc Joseph Lead capital
540 St Louis Nat Stockyards cap__*
8,100 Standard Dredge conv pref__20
Common
1
12,200

1,809

25

*
770 Sivyer Steel Castings com
South Bend Lathe Wks cap.-5

1,850

10

"T.ioo

Sale

15 X

1,380 Southw G & E Co 7% pref__100

3,738

Sale
Sale

3%
16k
Sale

3 %

Lowest
Sale Prices

60

14

2%
16 X
34 %

15

-

2,565

v

26

4

*

Common

110

1,300
1,400

3%
24 k
38 X

20

50
15

14

Highest
Sale Prices

*A

%
30

Lowest

Ask

Ask Bid

Bid

h
Sale

28

4,000

••

%
15 J*

25

700 Signode Steel Strap

550
50

"165

Ask

Sale Prices

July 31

July 1

50

Shares

100
M

1

Price
Jan. 3

Jan. 1

Shares

RANGE SINCE JAN.

PRICES IN JULY

CHICAGO
STOCK EXCHANGE

July

EXCHANGE

STOCK

32J4 Mar.

Mar. 14

10

8033 July

18

Jan.

4

2933 July
1533 Jan.

27

3

1033 Mar.

4

9

Mar.

6

133 Jan.
109
July
9234 July
1633 Mar.
42* Jan.

16

20

Feb.

1333
233
3%
2934

24
10
7

16
20

Feb.

2

Jan.

21

Jan.

19

Jan.

10

1234 Mar. 13
2%
1233
634
1034
10%
2834

Mar. 13

Jan.

5

Feb.

2

Mar.

4

Mar.

Jan.

19

Feb.

17

3% Jan.

3

16

16
July 25
4
9033 Jan.
13% Mar. 4

Apr.
Apr.
733 Apr.
77% Apr.
134 Apr.
34 Jan.
133 Apr.
1534 Jan
3833 Apr.
33 Feb.
1533 Apr.

UK
66

5
112% Jan.
2% June 15

%

Feb.

6

1% Feb.

6

1833 Feb.
3934 July
134 Apr.

21

2333 July
171

153

May
4033 Apr.
22
Apr.
1634 Apr.
83 34 Apr.
6
July
8033 Jan.
2
Apr.

June

19
19
6
2

55 33 July

22
3
32% Jan.
27% July 31
5
110% Jan.
10

Mar. 11

90

May 23

2*3 Jan.

11

Wisconsin Bankshares—

2,750
700
590

300
300

19,850
•

21,600
5,800
5,098
1,600
4,623
102,450

No par value,




Common

Woodall Indust common

Wrigley (Wm Jr) Co capital-_*
Yates-Amer Mach capital
.5
Yellow Cab Co Inc (Chicago).*
Zenith Radio Corp common. _*
x

Ex-divldend,

"Ik "IX
8%
20%

9X

Sale

3

7933
134
8

1733

333
8233
133
9

Sale

83

134
8

1933

Sale
85

133
934
Sale

4

July
3
' July
82
July
134 July
9
July
1733 July

12
12
17
3
18
1

433
434
8533
134
934
2034

July 26
July 31
July 18
July
3
July 24
July 28

3 33 Apr.
3
Apr.

18

533 Jan.
534 Jan.
8533 July

19
18
18

7433 Apr.
1 k July

11
11
3

Feb.

1

5

Jan.

13

933 Jan.

12

Apr.

11

2233 Jan.

20
4

2

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
'

Stock Sales

Shares_

Jan. lto

July31___

__

1938

40,479
319,836

65,696
345,771

July 31

AGGREGATE

BONDS

Jan. 1

loo",6o5
100,000
100,000
1,100
100,000
244,000
54,550
4,500
1,000
6,500

1,000

1,903
157

Ask

Bid

Ask Bid

Ask

400 City 3 %s Four Million
1945
100,000 City 4s Public Park
,1955
100,000 City 4s Harbor serial
1957
100,000 City 4s School House
1957
1.300 City 4s Dock Impt
1961
100,000 City 4s School House____ _1961

1,067.000 Bait Transit Co 4s flat
1975
A 5s flat
294,250
1975
B 5s
56,500
1975
17,000 Finance Co o lAmer 4%__1942
103,000
4%
1947
2,000 Ga Caro & Nor ext 1st 6s__1934
2,000 Georgia Marble Co 6%-.1950
7,000 Ga Sou & Fla Ry 5%
1945
2,000 Interstate Co 5%
1945
1,000
5%
1946
5,000
5%
1948
3,000
5%
1949
2,000
5%
1950
9,000 Read Drug & Chem 5%s__1945
2,000 South Bound Ry 1st 5s

Shares

Bid

120

20

Sale

22% Sale
82%
100% 101
90%
97

23

24

26%

27

27%
31 %
88

101""

101

——

102% 103

100%
80

Sale
Sale
89%

120
121

121

121

July
July
July
128% July
124 % July
23% July
26
July
84

July

128%
124 %
27%
31%
87%

101

July

101

101% July

103

July
July
July
July
July
July
July
July
July
July

28

Sale Prices
Sale Prices
108% Jan. 27 108% Jan. 27
July 28
120
July 28 120

28

121

28

121

28

25

121%
124%
19%
22%
83%

27

101

14

96

28

31
31

*
50

1,505

7,756 Bait Transit Co com vtc
1st preferred vtc
9,873

*

*

99%

"'"470
"""288
"

1,325
50

330
220
243

1,026 Black & Decker

*

common

265 Brager Eisenberg Inc com
5,583 Consol Gas EL & Power
4,879
5% preferred
893
4%% pref B
3,336 Davison Chemical Co com
5,226 Eastern Sugar Assoc com
Preferred
2,339
3,626 Fidelity & Deposit
1,825 Fidelity & Guar Fire Corp
1,927 Finance Co of Am class A
—

125

380

Class B

100
100

1

20
10
5

Mar. 15 101

19

Preferred

100

101

Jan.

100

100

101

Feb.

...

100

28
Apr.
3
Apr. 15 102% Mar.
12
May 10
May 10

...

101

101

...

102

102% 102% 102 % July

14 102% July

14

99

3,310
2,400

1
53

163

335
407

common v

42,886 Mar Tex Oil
Common class A
9,363
2,344 Martin (Glenn L) Co com
14 Maryland & Pa RR com
,

20%

Sale

31

35c

21

22

Sale

21

22%
21

Sale

19%

20% July
18% July

1.50

25c

1.90 Sale

Sale

21%
70

July
1.35 July

115%

78

Sale

82

Sale

12
20

19% Apr. 14
17
Apr. 10
15% Apr. 10

28
31

25c

July

July

20

78

July

1

19

July

24

82% July

28

Sale
120

120% 118%

Sale

118

July

5%
12%
119
32

10%

5%
14%
Sale
35

11%

4%
14

125

9%
9%

5%

3%

16
Sale

Sale

130%
31
9

4%

4

14%
Sale" 124%
30%
32%
8%
9%

27 120

July

11

4%
14%
130%
31%
9%
9%

July
July
July

July
July

July
July

10

July
July

31
18

July
July

20

19

11

July

16 Mercantile Trust Co

10,577
39

191
7

70
11

7,595
78
*

7 Real Estate Trust Co
359 Seaboard Comm'l com

191
5% preferred
86,201 U S Fidelity & Guar
542 Western National Bank

No par value,




x

19

19%

19
25

Sale
_____

100

21
25
100

Sale

19

July

1

21% July

17

100

Jan.

60c

35%

65c

50c

Sale

50c
40c

July

7 100

July
July

17
24

60c

60c

21 263
14
7
28%
21
1.05
1.00 July 22
37%
35
July 24

263

27%

13

35

13%
27%

28%

1.00

27%

July

July
July

1.10

36%

40

July
July

28% July

July
July
July
July
July

39

11%

12

13

13%

1.15 Sale

82%

14%
1.50

83%

Sale
1.60

14
6

Jan.

19

82% July

28

Jan.

12

17
6

121%
8%
6%
15%
130%

June 26

4

11
8
19
27

14% July
1.50 July

12% July
1.35 July

78%

Sale

Feb.

27

Feb.

18

Mar. 10

50c

June

40c

July 24
27% Jan. 24
% Feb. 17
Jan.

4

Jan.

9

Jan.

4

July

12%
39%
Sale

34

23%

-----

38
Sale

39% July
20% July
33
July

65

July
13
July
39% July
23% July
33% July

20
28
29
19

Ex-dividend

II

100
65c

June

2
25
6

Mar. 23

8% Jan.

6

Mar. 15
30c
3
1.40 Jan.
1.40 Jan. 11
3
35% Jan.
May 20
July 21

263

Mar.

f.oi

June 23

45

4

July

12

Feb.

7

Mar. 15

44

Jan.

73

Jan.

67% Mar.
65
July
12% Apr.
36% Mar.
16% Apr.
31

6

2.00 Jan.

26

Jan.

31

19

20
28
7
3
20

8

83% Jan.

21

79% July

13

Sale

19

10% Mar. 6
Apr. 18

Apr. 14
May 25

10
8

85% July

10

Sale

35% Jan.

June

14

May 25

24

1

July

19%

2
3
31

20

15

Apr.

Apr.
Apr.

7

65

31

5

July

May
May

22

16% Apr.

1.00 Feb.

July

77

100

20

Jan.

Mar. 30

12

95

50
2

19

50

20c

12%
37%
20%

21

10

21 224
13
19
12 25
1.00
25
22 35
42%
10%
31

83% July

85%
77

2.10 Jan.

3% Apr. 28
5
22% Jan.

20

7 100
10c

Sale

15%
16
25% Sale

24% Mar. 10
3
31% Jan.
15% Apr. 10
70c
July 28

117

4

5c

1.40 Sale

7

22

6

__50

30

71

112% Mar.
116
May
5% Apr.
4
Apr.
12% Apr.
112
Apr.
29% Apr.
8% July
9% July

20

...

40c

2
33,122 New Amsterdam Casualty
30,161 North Amer Oil Co com
635 Northern Central Ry
10
1
3,525 Owings Mills Distillery
*
1,382 Penna Water & Power com
116 Phillips Packing Co 5 % % pf 100

11
2% Apr. 17
16
Apr. 17
16% Mar. 22

50

*

1
100

June 21

1.20 Apr.

2

Feb.

June
2
6
2.00 Jan. 25
Mar. 30

9

*

1

14 101

22% July
20
July

1.90 July

18

22
-----

31 101% Feb.
28 101% Feb.

70c

3
13

100

3,263 Merch & Miners Transp
*
2,377 Monon W Penn PS 7% pref_25
1,233 MtVern-Woodb Mills com. 100
Preferred
100
2,093
65 National Marine Bank

"5", 184

t

1st preferred
2d preferred

102
12

100

new

134 Mfrs Finance
244

31

Mar. 15

100

6

"""12

Mar. 28
Jan.

...

2 Georgia Sou & Fla 1st pref-100
130 Guilford Realty Co com
1

2,109

June 21

100

99%
99%
99%
101%

5

6% preferred
100
24,923 Houston Oil preferred
25
6 Humphryes Mfg Co common. *

1 101

101

1

1

Mar. 28

July 14
15% Mar. 20

80
45

100

50
*

28

17 103

June 21

100% May

762 Benesch & Sons Co Inc com__*
13

Jan.

July

July 28
July 28
July 28
July
July 31
Apr.
Aor. 12
31% July 31
May
9 87% July 25
9
Jan.
12 102% Feb.

100

30 Atlantic Coast Line RR comlOO

""889

28 121
28 121
7 128%
28 124%
27%
10

100

par

20,957 Arundel Corp
1,662 Atlantic Coast L (Conn)

Mar.

July
July

15% Mar. 20
80
45

95

1941

STOCKS

Shares

Highest
Sale Prices

121

Highest

Lowest

Lowest
Sale Prices

July 31

July 1

1939

BALTIMORE CITY BONDS-

$

9

1

Price
Jan. 3

Since

July

RANGE SINCE JAN.

PRICES IN JULY

BALTIMORE
STOCK EXCHANGE

SALES
In

$137,900
891,650

$313,050
1,568,050

July
Jan. 1 to

1938

1939

Bond Sales

1939

July

J an.

6
4

May 31
14% July 31
1.50 July 12
88% Mar. 10
30c
Apr. 20
84% Mar. 10
June 24

23

100

20
11

65

July
13% Jan.

30

24

39% July

7

20

8

23% Mar. 10

3

33% Mar. 24

Boston Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BOSTON STOCK EXCHANGE
Stock Sales

July

1939

Jan. 1 to

1938

315,484

524,858

2,691,606

2,824,871

Shares

*

July 31.

AGGREGATE
SALES

July

Jan. 1

PRICES

BONDS

252,000 East Mass
Series B
107,900
Series O
13,300
Series D
16,650

1939

~

8~,868
306
54

100

2,746
2,017
546

1,982
41

St RR

506

729

16,689
7,516
766
214

l,51u
71

1,677
155

141
30

1948

(stamped)

2,886
313
64

790
130
491

780

7,299
1,731 Boston & Providence
.100
2,125 Brown & Durrel Co common
4,757 Calumet & Hecla
25
155 Century Shares Trust.
1
_

__

11,265 Copper Range Co

1,435
243

50
32

040

V 55
70

280

575
44

50

75

100

5,563

"""30
69

50

382

2,497
446

Sale

2%

Sale

22%
1)4
8)4

Sale
IK
Sale

Sale

Sale
44

16%

17

1)4
%
6%
IK
1%
1)4
IK
1)4
IK
IK
IK
12%

50c

37Kc

13

15

15%

2

Sale

167%

2.50

100

Certificates of deposit.
840
*5,332 Old Dominion Co
2,666 Pacific Mills

17 K

RR

25

Reece Button Hole Mach
10
Reece Folding Mach Co____10

Shawmut Assn TO

stock.
*

com

2d

preferred.
Torrington Co (The)
*
Union Cop Land & Min Co__25
;_5

52

cum preferred

25

Utah Metal & Tunnel.

4,938 Warren

x

1

1
100
*

Bros

352 Warren (S D) & Co




100
__50

248

92

Feb.

July

3

91

Jan.

80

IK
4%
23 %

2

5%
25%

*

common.

_

*

11
It

Apr.

8

Sale Prices
94
June 19
96
June 17

17 103
9 102

Jan.
1% Jan.

32c
12

July
July

11 101

June 14

July
11% July
77% July
155
July
47% July
18
July

July

2%

1% July

17
3

July
July
July
July

July
July
1K Julv
IK July

2

IK
5%.
24%
%

6%
26%

5
10

6

1K July

26

12
5
21
6

3K July

5

1K July
15

4

1 %

26

2

Jan.

25
25

4% July

It

1% July

28
31
29
5
6

60

12
28
20

7
13

Jan.

1)4
68%

18
14
22

1)4
5%
1)4
20%

Sale
Sale

1
«

Sale

19

20

24

17
Sale

21%

4K
30

15c

Jan.

16

21

Sale

13

1

1%

65

19

"55c ~

1%
5%
6%
2K

5)4

1%
6

Sale
3%

29
25c

Sale

25c
15c

25c

15c

10K
%
14%
5K

20

10

1

1

6

11

Sale

2%

~14~"
Sale

75c

18

5%

19

5K

July

Sale

15%
5%

17

6%

17

Sale

2%

3
20

4%

4%

55

Sale

1%
25

113K
45

1%
26
Sale
55

1%
30 K

IK
32
Sale

118%
55

60

i«

Sale

Sale

33c*

Sale

25c

Sale

51

55

1%

K

25c

1

24c

14 K Sale
24% Sale
3
3K
15
17K
2
1%
10 K Sale
Sale

75c

25c
26c

10

11

12

13

Sale

18

18%
IK

9K
16%
%

18

16

16%

1.00

16

1 %
9%
10

1

16

*"!"%
10%
Sale

1

10%
12%

80c

55c

47 K

35

44

36

25

26

25K

26

28%

10c

24

22

50c

30c

60c

19

"20""

80

81
44

75c

80c
2 K

80

6%
2%
22 K

7
7
25
18

c,

X*

Sale
Sale

1

9%
9%

75c

July
July
July
July
July
July
July
July
July
July

25c

26c
12 K

19%
1 %
17

1%
10%
13%

July
July
July
July
July
July
July
July
July
July

3

28 K July

21

86%
48%
65c
2
84

""6 %
2%

7%
2%
23

1

22
Sale

70c

2%
89
Sale

2%
25

20

July

80
July
43% July

65c
2

83

July
July

July
6
July
2% July

78c

3

2% July

26
31

25c

Jan. 31
Mar. 15

25

Apr. 27
% Apr. 14
13% Jan. 25
4% Jan. 11
10
Apr.
8
2

Jan.

May 19

3

Mar. 31

3% Jan.
4c
Apr.
July

4

Jan.
Anr.

4

6

6

29

July

60c

June 15

25c

Jan.

31

17

Feb.

17

3
2% Jan.
16
July 21
6% Mar. 9
18

Jan.

5c
2

32

Mar. 20
Jan. 13

July

8Gc

Jan.

40c

Apr.

Feb.

1
July
8% Apr.
8% Apr.
35c
Apr.
45 K Jan.
22% Feb.

May

17

Feb.

71% Apr.
41% Apr.
50c
Apr.
IK Jan.
69% Jan.
5% Apr.
IK Mar.
23

10

27

14

2% July 22
May
5
3
22% Jan.
5% June 12
11c

10 119% July
Feb.
May 24 58
2
2
July
7
July
% June 13
1M Jan.
30c
J an.
July 10

14

31

J an.

l9

Feb. 27
9K Mar. 31
15% Apr. 11
% June 28

July
July
July
7% July
2% July. 17
2

Jan.
8

June 20

July
87K July
48% July

84

VH Feb. 23

3
10

Jan.

11*

3

32% Mar. 10

20

17

Mar. 22
Jan.

20c

20

5
7

17% Mar. 13

Mar. 22

5% Apr.

10c

Sale

25
24

20c

21

7

11

Jan.

26

27
22
14
14
6
22
25

8

Mar.

Jan.

Jan. 30
June 29

44

25% July

si*
*lH

7

Mar.

35c

80c
Sale

May 12

27
14

10c

43
2

18

Jan.

68

8

57

JX

26c

40

85% Sale
42%
43
Sale
70c
IK
2K
67 K
70
6 K Sale
3%
4

113% July
55
July
2
July
% July
30c
July

26c" "30c"

55c

80c

23

36c

July

30c

July

5c

25

6

4% May 25
7% Mar. 6

12

17
28

Jan.

6
IK Feb.
5
8% Jan.
23
May 24

4

10c

1% July
32
July
119% July
55
July
2
July
% July
37c
July

23

4

5% Apr.
1% Jan.

1% July

2% Mar. 3
July 25

15

Mar.

28
20
2t
26
31
7

17
3

Mar. 10
Mar.
8
Mar. 29
Mar.
9

Mar.

1% July
6
July
6% July
2% July
29
July
60c
July

July
5% July

5

8

Mar.
8
Mar.
9
Mar. 10
Mar.
9

77
26

1 % July
5% July
July
2
July
26
July
50c
July

20

16

Jan.
Feb.

Jan.

18% July
4% July

Jan.

3

Apr.

Jan.

July
3
16
July 21
6% July
6
17
July 29
2% July 22

31

Mar.

3

14

1

8

July

15

6

18% Apr.
27% Apr.

July
14% July
6 % July
14% July
2% July

28
20

Feb.

4

20

1

July
July

12% Jan.
1% Mar.

1

15
IS

6

Mar. 11
Mar. 10
Mar.
9

Jan.

6% July

24

51

"90c"
•

20c

17

33c

16

17

17
June 15

17% July
July
30% July

10c

2K
14K
Sale

Apr.

24

25c

19

Feb.

1

17
July
21% July
28% July

12

25c

Sale
3K

4

July

17Kc

50c

17

July
9% July
1% July
73% July
20% July
4
July
4% July

30

22%

24

1%

21

16 K July
3 K July

Sale

4

35c

Sale
15)4

65

17

6

July
16% July
6% July
1
July

67

Sale

23%
30%

6K
2K

1

23

17%
3%

22

%\

3K
25)4

15
2

10

9K

20

2%

1%

May 12
3% Apr. 10

20c

40c

1%

17%

IK
5%
5K
2%
25K

2
6%

4%

16

27

Sale

VA

71

3K
4K
22K

4

32%

8

40c
Sale

4%

4

Mar.

11%
3%
2%
3%
3%
3%
2%

16

1% May
8
10% May 11
9
May
8
1% Jan.
5
4% Apr. 11
23
May 24

July
16% July
1% July
6% July

20c

4

Mar.

2% Mar. 10
2% Mar. 9

1% Jan.
1% July
1% June 26

14
27

3

May 25

10 170

1% Jan. 11
1% May 27
1% June 27

12% July
15
July
IK July
5% July

Feb.

2
15

% Jan.
1% July
K Feb.

li

.4

6K
1%
1%
1%

60c

9

% May 13
1%
20% May 31 26%
67
Apr. 17 90
11% July
11%
70% May
89%
xl2t
Jan.
155
38% Apr.
56%
16
19
Apr.

90

71

17

11

Jan.

147 K Apr.

168% July
% July

157% July
K July

IK

.....

7% Sale
1%
2%
2
1%
1%
2%
2
IK'
1%
2%
2
IK
IK
2K
2
IK
15
14K
18
15%

2

5)4

60c
25

Quincy Mining Co

6%

1/

July
1% July

82% July
11% July
July
Sale
143 K July
July
46% 44
17
18
July
Sale

75c

2

16%

13
106 K

..100

Union Twist Drill
United Shoe Mach Corp

3
3

July

33c

July

1 % July

12

11%
77%
154%
45K

100

No par value

1

Highest

July
July

25

24

6%

Sale

*
100

100

18,039
1,575
2,183
36,176
3,959
42,760

July
July

15

4

2

32c

IK

1%.
12

2

Sale

IK

100

N

cap

93 %
24
5
95%
13 103
19 102

Lowest
Sale Prices
80
Apr. 12

100 % May

87 K
Sale

42

12 %

*

Y N H & Hartford
5,635
88,516 North Butte.
20 Northern RR (N H)
4,177 Old Colony

26,717 Pennsylvania

90 % July
94
July
100
99

1

Common

305

•

19

146

24

30c

13,621 New England Tel & Tel
381 New River Co 6% pref

18

16c

25c

1,160 National Ser Co common
1,285 National Tunnel & Mines
N E Gas & El Assn
1,345
pref

157% Sale

75c
Sale

*

975 Venezuela Holding Corp
347 Vermont & Mass Ry Co
3,146 Waldorf System Inc

51

SINCE JAN.

68

1
155 Int'l Button Hole Mach Co. .10
15
5,346 Isle Royal Copper
324 Loew's Theatres (Boston)
25
100
3,297 Maine Central

50

3,155
250

98

95

IK
15

25c" "i"

Sale

Class B
1,363
4,200 Helvetia Oil Co tr ctfs

2,424 Suburban Elec Secur

558

Sale

12

5)4

*

32,085 Stone & Webster Inc

5,218

Sale

*

Preferred

2,640

""loo

Sale
Sale

Sale

*

50c

m
12

1

67
20 %
3%

Preferred

3,464

1.9

Sate

100

100

4,591
2,802
1,754
15,363

220
342

53

2

100

B

32c

1)4

Sale

1)4

100
100

60c
12

2%
%
6%
2%
1)4
2%
1)4

*

410 Economy Grocery Stores
*
8,693 Employers' Group Assoc T C_*
963 General Capital Corp
*
Georgian Inc (The)—
8% cum class A pref
1,842
20
*
1,568 Gilchrist Co..
*
6,799 Gillette Safety Razor Co
882 Hathaway Bakeries class A
*

13

Highest
Sale Prices

103

Sale

3%

13
327

_

130
52 %
18
50c

22 K

20

101

71)4

31,587 Narragansett Rac'g Assn Inc.l

1,895

103

82 %

140

165

102

80

1,764

'""450

101%

Sale

Preferred 5%.
100
1,115
*
8,875 Mass Util Associates vtc
520 Mayflower Old Col Cop Co. .25
4,713 Mergenthaler Linotype
*

230
967

Sale

91

96

103

82%

corn..

Co

Adjustment.
13,185 Eastern SS Lines, Inc

878

94

95

Sale
1% Sale
24%
25%

5%
25c

25

3,436 Eastern Gas & Fuel Assn
9,881
4)4% cum prior pref
6% cum preferred
4,916
2,931 East Mass St Ry Co
First preferred3,043
Preferred

93

Lowest
Sale Prices

Ask

102

IK
10
149 K

100

preferred
100
1st pref
stpd
100
1st preferred class A
_100
Class B 1st pref stpd
100
1st preferred class B
100
Class C 1st pref stpd
100
1st pref class C
100
Class D 1st pref stpd
100
Class D 1st preferred
.100
Boston Personal Prop Trust. *

453

"""25

32c

Class A

4,196
8,971

Ask Bid

Bid

101%

Prior

1,197 East Boston

Sale

82%
88%
88%

100

25
2 Conn & Pass Riv RR Co pref 100

""670

RANGE

par

14u Cliff Mining Co
855

IN JULY

July 31

July 1
Ask

1948

Preferred

3,334

440

6s

Common

138

55

1948

__

206

"843

A 4%s '48
..1948

ser

3,586 American Pneumatic Service. _*
4,811
6% non-cum preferred
50
First preferred
1,025
50
75,204 Amer Telep & Teleg
100
3,125 Assoc Gas & El Co class A.
_1
101 Bigelow-Sanford Carpet com.*
399
6% cum pref
100
100 Bird & Son, Inc
*
16,699 Boston & Albany
100
17,262 Boston EdisomCo
100
10,222 Boston Elevated.
100
6,606 Boston Herald Traveler Corp.*
210 Boston & Maine pref stpd__100
20

491

84

5s

STOCKS

Shares

Bid

6s

Series E 6s_

9,00(

120

July 31

1938

$24,750
122,800

Jan. 3

Par

305

1939

$96,050
399,850

Price

Since

Shares

Jan. 1 to

BOSTON

STOCK EXCHANGE
In

70,000
15,700
5,400
3,950

Bond Sales

July---.

58

Feb.

1% Jan.

14% J an.
24% Jan.
3
17

Jan.

June
Jan.

28
18
1

7
4

3
18
3
17
14
3
3
9

7
11

i\*
11?

Mar.

9

8
14

Jan.

4

Jan.

6

12

45%

Jan.

12

14

29

June

14

6
16

14
8

8
17
12

11
31

Mar. 18

12c

9
Mar. 17

24% Apr. 27
87% July 25
48% July 28
85c
May
3
2
Jan. 11
84
July 18
7% July 31
3% Jan. 16
24% Feb.
8

Ex-dividend

\

RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE
Stock

Sales

1939

July

Shares-

Jan. 1 to July 31_______
AGGREGATE
SALES

—

Jan. 1

f.OOO
Shares
902

152
414

BONDS

f.OOO

Pitts Brewing 6s

_194S

STOCKS

*
100

140
Preferred.
594 Arkansas Nat Gas Corp

709
138

"""190

175
463

760

4,871

572
465

719
25

329

4,590
14

396

6,102
90

3,699
2,118
100
10

'

RANGE SINCE JAN.

Bid

110

—

Ask

Sale

Highest

Lowest

Sale Prices

Sale Prices

110

July

31 110

July

31

27

15}* July

Sale

20

July

25

Co..

200

1,578
489
803

43

375

-

Columbia Gas & Electric-Consolidated Ice Co_
Preferred

Cojpperweld Steel

11% Sale

*
*

55c
6%
7%

*

75c
7%
Sale

25c

6

Sale
6%

30c

Sale

5%
7% Sale

25c~ Sale'
2

10

30c

1

"'"l'O
3,400
1,600

2% July
7
July
43% July
11% July
12% July
30c July
6% July
8
July
25c
July
1% July

2X
6}*
34%
9%
9%

July
July
July
July
July
25c
July
5X July
5X July
25c
July
1
July

:

24
27

*

6

-10

18

5

12 %

100
1

24 Harbison-Walker Kefrac com_*
35 Horne (Jos) common
-100
170 Jeannette Glass preferred.-100
100 Jones & Laughlin St'l pref.-100
1,881 Koppers Gas & Coke pref--100
*
35,749 Lone Star Gas1,656 McKinney Manufacturing
*
90 Mesta Machine Co

13% July 13
7% July 27

27
1
19

10%
5

8%

10%

90c

Sale

25

75

6

6%
8
1% Sale

18
12

19

19

20

12**

11%
5%
8%
IX
25%

5

8X
12
1H Sale

July 22
July
July
July
July
July

8

Preferred
507
900 Pittsburgh Forgings
Pittsburgh Oil & Gas
1,953

July 21
1% July
1
25% July 21
13

55
814

Sale

58

Sale

55

9

Sale

9

55c

9%
60c

9

59
July
9% July

21
17

4% Sale
2%
2%

19%

"I"

July
July

5

July
July
July
July
JUly

7
15
6
11
6
"

31% July

29% July

17

30% July 24

11

9

11
July
18
1% July
21
6 113% July
6% July
7

21
31
24

20% July

17

1

25

:::::

4%
IX
IX

5
IX

27%
4%
1%
1%
25

25

4%
1 %
1%
25

17
July 24
July 29
July 11
July
6

706
850
170

2,725
100

1,645
538

27 %

2%
29

IX
28

29 X

101% Sale

814 Sale
7

Reymer & Bros commonRuud Mfg
San Toy Mining
-

Shamrock Oil & Gas.
Preferred

2%

5

3%

29%

31

1

*
5
1

*
1,530 Vanadium Alloy Steel1
6,790 Victor Brewing Co
*
150 Waverly Oil Works A
13,322 Westinghouse Air Brake----.*
50
5,191 Westing house El & Mfg
-

lc

1% Sale
113% Sale
5X
6

July
1% July
100% July
5% July

18

5

15

20

75c

50c
2

75c

4

5

1

-

60c

*

100
10

Preferred
457
750 Standard Steel Spring
3,952 United Engine & Fdy
1,480 United States Glass

10

45

100
5
1

Apr.

11

June 30
Apr. 10

Apr.

10

Mar. 16

5
5

June 30
Feb.
8
8

Jan.

90c

6
11
3
21

""2c"

234 Sale

50c

75c

18% July
7
July 29

50c

55c

July

6

2%
Sale

lc

2c

lc

2c

1%

2

IX

2

5

July 31
lc
July
5
1% July 11

5
2c
2

July 31
July 15
July 27

50

10
6
11

7

Mar. 28

Jan.

19

Feb.

9
10

24

32% Sale
35c
25

25c

1
26 %
30c

1%

50c

50c

1

22**

25}*

23%

30c

35c

25c

25%
Sale

20c

July
23% July
25c
July
1
July
24% July
110% July

July

Sale
Sale

1
July
19% July
96
July

114 Sale

-1% July

29 %

118%

Jan.

25% Apr.

26
20
6
21
22
28

50c

1% July

20

50c

July

23% July

29
16
18
18

Mar. 31

28

30% July

28% July

Mar.

Jan.
14* Feb.

Jan.

7

July

21

Feb.

8

13

17

25^

}|

65c8

16
11
1

9
9
25

Jan.

5

31% July
5% Jan.

17

3

Jan.

4

7

1% Feb. 20
26
lc
2

Feb.

20

Jan.

19
7

Jan.

30% July 24
4% Jan. 26
1
24

12
7

4
4
12
14

80c
3

Jan.

28
25

8

Feb.

21

July

15

Feb.

7

2c
3

50%
6%
40%
33%
75c

26%
40c
July
1
July
18
Apr. 10 31%
83% Apr. 10 118%

22% May 23
20c

2
14
15

July 27
21% June 28
14% Mar. 11

17
Feb.
10 19
1
11% Jan.
12
May
10 116% Mar.
11
9% Jan.
Jan.
9
24
12 20
May
7 22% Mar.

1% Apr. 10
50% Mar. 21
5

5%

June

Feb.

30

Jan.

2l%

9
1

Jan.

lc

Mar. 16

25c

10

27% July
4
Apr.
1% July
July

Apr.
3
May
13
Apr.
7* May
1
May
90
Apr.
4
Apr.
3
May
20
May
18% July
50c
July
2
May
5
May

5

Jan. 10
6% Jan. 23
6
8% Feb.

60c

14

60% Jan.
55
July
7% Apr.

22

6

4

26
3

3

21*

3
2

Jan.
Jan.
60% Jan.
Jan.
72

26

Jan.

.

5

16

3X May
May
56% Jan.
17% Jan.
12% Jan.

29% Jan.

25% July
11% Jan.

IX

2

-

Preferred
20
465 Plymouth Oil Co
Renner Co

Jan. 10
June 30
June 30

lc

2

4

Feb.

2

11% Apr.
0
Apr.
6% Apr.

50c

4%
5
1% Sale

27% Jan.

9 115

Feb.

July

25

100

——_1
5
25
2,385 Pittsburgh Plate Glass
*
7,226 Pitts Screw & Bolt Corp
866 Pittsburgh Steel Foundry
*

Ǥ}*

25c
1

6
15

July
July

12% July
5% July

Sale

70

20%
12%

5

32,474 Mountain Fuel Supply
10
14,530 Nat Fireproofing Corp com--5
310 Penn Federal Corp common--*
146
4%% preferred
50
1
5,794 Phoenix Oil preferred
1,661 Pittsburgh Brewing
*
Preferred
*
4,426
295 Pittsburgh Coal Co com
100

8

Jan.

2%
5%
34%
9%
7%
25c

11% Apr.

14% July

9

18%
12%

*

-

14% Apr.

5

10

2,021 Follansbee Bros pref
35,651 Fort Pitt Brewing---

210

July

Sale Prices
July 31
31 110

13% May 17

-New

1,237 Crandali McK & Hend
4,645 Devonian Oil--—-——
9.186 Duquesne Brewing

1,495
1,050
132
24,350
14.137

110

113

*

*
1

3

113

.10
*

690 Electric Products

Highest

Lowest
Sale Prices

July 31

Ask Bid

—

Preferred,
Armstrong Cork Co
Blaw-Knox

108%

Ask

—

715

1

Par

6,945 Allegheny Ludlum Steel

Byers (A M)
Carnegie Metals
Clark (D L) Candy

July 1

1939
Bid

Shares

2,648
1,920
5,322
4,004
33,971
3.185
25,988
1,509
1,402

1,240
1,018
1,240

Jan. 1 to July 31

Jan. 3

-

"""162

1938

$1,000
11,000

Price

Since

July

July

137,698
776,354

PRICES IN JULY

PITTSBURGH
STOCK EXCHANGE

In

1939

$1,000
1,000

Bond * Sales

1938

.

78,787
618,966

II

Jan.

Mar. 21

Apr. 19
June
7
Mar. 13

Mar. 14
Jan.
5
Jan. 20
Jan. 11
Jan.
Jan.

4
3

Jan.

4

UNLISTED
389
*

2,727 Pennroad Corp v t c_.

No par value.

X




—-.1

Ex-dividend.

\

3

1% July

3

2%

RANGE OF PRICES ON DETROIT STOCK EXCHANGE
Stock Sales

1939

1938

209,235

...Shares.

July.

552,114

1939

1938

1,704,383

2,254,676

Stock Sales

I

Jan. 1 to July 31-

Shares_

AGGREGATE

DETROIT

SALES

July
Shares

Shares

1,100
300

1,100

5,124
150

2,360
8,623
475

1,567
350

RANGE SINCE JAN.

PRICES IN JLLY

STOCK EXCHANGE
Since
Jan. 1

In

1

Price
Jan. 3

STOCKS

1939
Par

3,845
1,414
9,492
47,712

Allen Eiec & Equipment
1
Atlas Drop Forge common
5
Auto City Brewing common--*
Baldwin Rubber common----1

805 fiohn Aluminum & Brass

Bid

Sale
40c

7%

28c

7%

5

7,708
60,431
21,880
16,788
10,246

Bower Roller Bearing
-.5
Briggs Mfg Co common--*
Brown-McLaren Mfg Co
__1
Burroughs Adding Mach
*
Burry Biscuit Corp
-_12%c
500 Capital City Products
,
*

1 %

IX
2

36c

iS*

2%
40c
6

25

31%
1X

1%
18 %

"~2X

3

20%
27%

18

Sale

Lowest

Ask

Ask Bid

Bid

1%

1%
3

2%

Sale

30c

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale

6%

1

1 % July
2% July
July
6
July
20% July
25
July
19% July
90c
July
13
July
1 % July

6

28c

19

75c

Highest

Sale Prices

July 31

July 1
Ask

III-I "29"
"75c" "98c"

11%
1%

12
1

13%
1%

13%
1%

4%
67%
14%

5%
68%

4%
81%
15

5%
82%
16%

4% July
69% July

15

51c

80c

59c

70c
3

1% July 17
2% July 17
July 22
7% July 28
20% July 12
29
July 21
23% July 25
98c
July 19
14% July 18
1% July 28
32c

50c

1% Feb.
9
2% June 29
Apr.
8
Apr.
20% July
21
Apr. 12
17
Apr.
8
80c
June 14
11% Apr. 11
1% Apr. 19
5% Mar. 27

25c
5

IX Jan.
3
3% May Y6
4uc

Jan.

4

7% Jan.
4
23% Jan. 26
29
July 21
31X Jan.
5
l%Mar. 8
18% Jan.
4

2% Jan.
7
5% Mar. 16

Chamberlin Metal Weather

100

8,908
956

1,330
840

600
450

2,100
61,703
4,526
7,371
12,123
1,902
1,110

Strip Co common.—.5
common
5
Consolidated Paper com.
10
Consumers Steel Products--—!
Continental Motors common.l

Chrysler Corp

Crowley, Milner & Co com
*
Cunningham Drug Stores.2.50

670 Deisel Wemmer Gilbert

3,062
939

2,200
3,980
3,345
100

29,378
4,726
15,605
21,597
18,479
3,783

Detroit
Detroit
Detroit
Detroit
Detroit

625

5,320
1,332
3,125
15,262
7,209
6,237

"5", 150

36,096

2,274
2,608

17,233
19,208

100

310
220

1,466

3,044

100

100

3,905

9,335
80,954
32,084

2,435

8,583

700

6,935

711

12,445

I,012

1,255
345
~

8,000
2,340
5,100

1,717
1,100
2,690
825

1,950
155

2,720

"2.266

'""175

""3,620
1,304
500
700

1,890
1,871
3,746
6,515
II,539
2,809
668

1,181
1,766
715

1,881
870

1,525

2,765
547

1,015
880
330
95

4,195

~1,890
625

1,100
405

Steel

Products

Durham Mfg Co common
-1
Eaton Mfg Co common.4
Ejireka Vacuum Cleaner
*
Ex-Cell-0 Corp...
3
Federal Mogul common
*
Federal Motor Truck com
*
Federal Screw Works com
*
Frankenmuth Brewing com—1
Fruehauf Trailer Co com
1
Gar Wood Industries com
3
Gemmer Mfg Co class A
*
Class B
.*
General Finance Corp com
1
General Motors common
10
Goebel Brewing Co common—1
Graham-Paige Motor com
.1
Grand Valley Brew common—1

8,215 Mahon (R C) class A pref
*
1
20,272 Masco Screw Products
*
700 McAleer Mfg Co common
142,164 McClanahan Oil Co common.l
.1
5,510 McClanaban Refineries
4,840 Michigan Silica Co common--1
2.50
2.040 Mich Steel Tube Prod

Michigan Sugar common
Preferred
Micromatic Hone Corp

*

10

1

Mid-West Abrasive com
Moore (Tom) Distillery Co

50c

1

Motor Products Corp com
*
Motor Wheel common
----5
Murray Corp common
10

237 Muskegon Piston Ring com 2.50
*
59,611 Packard Motor Co com*
27,389 Parke Davis & Co
2.50
7,105 Parker Rust-Proof com.
—

.

*
7,913 Parker Wolverine Co com
24,257 Peninsular Metal Products.—1

7,180
5,958
11,852
14,186
10,519
9,580
3,991
34,476

Pfeiffer

Brewing Co

_*

com

Prudential Investing Corp.—1
Reo Motor common
5
Rickei (H W) & Co common—2
River Raisin Paper com
—*
...

Scotten Dillon common.-—.10
Sheller Mfg Co common.
1

Standard Tube Co class B

1

1.138 Stearns (Frederick) common. _*
5% cum part pref.
607
100

21,818 Timken Aide common
Preferred
633

37,150
12.851
6,259
4,256

.100

Tivoli Brewing Co common.-1
Union Investment Co com
*
United Shirt Distributors
.*
United Specialties common
1




see pa^e

61.

95c

1%

3%
2%

Sale

16

"75c"

Sale

112

116

o

Sale

2%
12 X

2%

Sale

15%

1%
1%
1%
10%

2

3

1%
2%

3

Sale

82c

1%

2%
19%
16%

Sale

,16%
l80c
120

1%
1%

14%
81c

Sale

123

1%
1%

Sale

12%

11%

15

4% July
July
16% July
60c
July
2 % July
2% July
17
July
83

July

July
2% July
2% July
16
July

75c

21

13

25

50c

6

17
14

8

July
124
July
1% July
1% July
1% July
11% July

July
Sale
116
July
1% July
VA
Sale
1% July
88c
July
1%
12%
11% July

31
28

1% July

11

81c

a

IX

2X

18

18!
19

27

1%

1

1%

5

4

5

1% July

11

.....

4%
24 X

13'"

17

18

15X
5X

13

14

2%

3%

2%
17%

2%
19

19%
16%

18

v-

4

4

26
-----

Sale
31
15

\m July
July
3% July

75c

62c

35c

50c

7

12X
15%

15

16""
8

62c

2%
50c

17
Sale
Sale

11%

2%

34%
10%
4%

12
13%
35
11
5%
45c

13

2%
12%
13%
34%
12%

1%
43c

1%

25c
80c
2X

36c

"14""

13

July

Sale

11

_

53c

6

55c

1 %

5

46c

42c

25

26%
3%
1%

17
14
5

19
8

2%
6

IX
IX
3%
2X
24%

Sale
50c
Sale

16c

60c
28c

Sale
60c

74c
31c

15c

16c

16c

-----

1%
25

Sale

2%
32c

Sale

3%
2%

4
3

2%
5%

2%
7%

40C
4

58c

4
3
Sale

95c

95c

1

Sale

18c

25c

Sale

Sale

4%

Sale
11%
13%
Sale

Sale
42%

3

Sale

22%

2%
16%

10%
2%
7%

11

41%
15%
6

1%
6%

2

2

IX
3%
2%
Sale

87c

Sale
20%

97

-

18%

3%
3%
4

124

2 %

July 31

13% July
13% July

Jan.
Jan.

6

16

Jan.
6
May 24
June
8
Mar. 2
July 28

1 % Feb.

Jan.

1% July
88c
July
9% Apr.
28% Mar.
1
Feb.
23
Jan.

7
4

Jan.

3
Mar. 10
Mar.
9
Feb. 27
Mar.

8

Jan.
Jan.

,6

July

28

Jan.

5

5

Jan.

5

July
July

19
25

Jan.

5

July 28
July 28
July 14
Mar.
9

Mar.

Jan.

July

Jan.

Jan.

Mar.

4
3
6

2
7
10

Apr.
May
Apr.
July
Feb.
Apr.

Jan.

3

2

29
22

75c

21
19
25
21
13
28
28
- ~
28
July 26

2%

13

°

4%
2%

15

5%

16%
Sale

3%
41%

Sale
42%

7%
XV.

8%
1%
7%

IX
1%
3%
2%

2

-----

2
32c
4

July

July

5

18c

July

5

2
40c
4

July
July

2 % July
90c
July

July
July
July

2 % July

1% July
July
14% July
16% July
5% July

27c

15c
July
11% July
14% July
4% July

17
5

29
10
21
18
17
18
18
18

3%

43%
18
6%
Sale
o

7%

Sale

1%
Sale
1%

22

3%
1%
13%
95%
11

22%
Sale
Sale
15%
---

11%

24
4

1

1

3%
2%
25%
4%
1%

15%
96% 100
14% Sale

3

1

July
July
July
July
July
July
July
July
July
July
July
July
July
JUiy
July
July
July

1
12
25
11

2% July
2% July
3% July
3
July

6
1
12
20

42

16%
6%
1%
7%
1%
1

3%
1%
22%
3%
1 %
lA
15%
98%
12%

19
12
12

1
13
10
8

3%
42%
17%
8%
1%
7 %
2

5

1%
3%

7

3

11

25

1

4%
1 %
16

99

15%

July 18
July 10
July 21
July 27
5
July
July 25
July
1
July 28
July
1
July 27
July 19
July 19
July 13
July 22
July 12
July 18

109%
3

2%
17%
16%
1%

62c

10

4X
38%

1

4

30c

13% July
6
July
60c
July
1% July
45c
July
26
July
3% July
1 % July
26% July

24%
2%
1 %
26% July
57c
July

80c
90c

25

4lc
1 %

43c

24%
3%
Sale

13

8%

2% July
49% July
2 % July
75c
July
35c
July

July
July
July
July
July
July
July
July

50c

35c

11% July

15
35

1 %

23%
2%
1%

21X
3%
Sale

50c

2X
IX
1%

70c

5
52c

Sale
99c

-----

1

70c
June ;
101
Apr.
1 % Apr.

4

13

31
9

May 17
July 29
Jan.

23
4

Jan.

4% Apr.

5

Feb.

Jan.

4

Sale

4%
4
5%
34

5%

2%
2%
3

Sale
Sale
3%

2%
2%
3%
3

14%

2%
Sale
3%

2% July
2% July
2% July
3
July

1
28
19
20

June

Jan.

7

1% Apr.
Juhe

Jan.
Jan.

4
11

20% Jan.
2% Apr.

July
July

28
28

Jan.

Jan.

3

21% Apr.

July

28

55c
26c
12c

June
June

Mar. 17

75c

2X
52c

2X
IX
22%
76c

2%
48%
2%

2% July
20% July
5% July
31
July
10
July

-----

43c

"

2% July

25c

2

2X Sale
6
11

Sale

2%
47%
2%1

62c

—

2%
42
2%

2

35c

15""

2%
41%
2%

July
2% June
Apr. :
14% Jan. :
12% May
2

Jan.

84% Mar. 9
16% July 19

Apr.
Apr.
3
Apr.
3% Jan.
1 % Apr.
10% Feb.
4
Apr.
26% Apr.
7% June
1% Apr.
38
Apr.

20% July
18
July
3% July

-14

July
18% July
4
July
31
July
10
July
2% July
42
July
2% July
62c
July
35c
July

"2%
22%
5%

8

:

15
12

1%

xV4
d"

Jan.

4% Apr.

21%

3

7

4% Apr.
56% Apr.

19

22

--.10

.10
300 U S Graphite Co common
U S Radiator common----—.!

For footnote*

14 X

*

*
4,931 Hall Lamp common
100 Home Dairy class A
*
6,033 Hoover Steel Ball common. -10
3,728 Hoskins Mfg Co common.-2.50
180 Houdaille-Hershey class A
*
Class B
_*
47,474
*
13,731 Hudson Motor Car
1
47,943 Hurd Lock & Mfg Co com
23,087 Kingston Products Corp
1
10.850 Kins el Drug Co common
1
10
28,356 Kresge (S S) Co common
5,240 Lakev Fdy & Mach common.-1
17,370 LaSalle Wines & Champagne.2

10,558
4,437
5,482
10,001
10,170
9.137
10,494
45,591

Sale

13

.10

& Cleve Nav com—16
Edison common---100
Gray Iron Fdy
1
Mich Stove common—1

Paper Products
1
Detroit Steel Corp common._5

250 Detroit

Y,120

com

5
82

Jan.

41c
42c

1

Mar.
9
Jan. 17

Apr.

Feb. 24
Feb. 25

1% Jan.
5
30c

Mar. 10

June
June

Jan

2

Jan,

90c

Jan.

15c

Jan.
Jan.

July
July
Apr.
10% Apr.
4X June
10

10
3
36

12%
5%
1%
6

1%
1

2%
1%
22%
3%
1%
13%
96%
10%
109%
2%

July
Jan.
Mar.

Jan.

Jan.

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

Mar.

5

18
5
3
3

4
14

Feb.
Jan.

4

4

Mar.
8
Mar. 21
Feb. 15

May 13
Jan.

9

Jan.

9

Apr. 25
Jan.
3
Jan,
Feb

27
2

Jan.

Apr.
Apr.
Jan.
Apr.
2
Apr.
2 % May
3

3
24

Jan.

July
June
July
Apr.
Apr.

4

Apr. 13
Jan.

4

Jan.

4

Mar.

July

14% May

9

May 10
June
3

2% Jan.

17'

9
Jan
4
Mar. 29

AGGREGATE
SALES
In

July

Shares

450

1,689
100

100

3,682
625

3,500
405
20
705

61

PRICES IN JLLY

DETROIT
STOCK EXCHANGE

Since
Jan. 1

Shares

STOCK EXCHANGE

DETROIT

AUG., 1939]

RANGE SINCE JAN.

1

Price
Jan. 3

STOCKS

July 1

1939
Par

3,384 Universal Cooler class A
Class B
26,349

2%
1%

»

500 Universal Products common
903 Walker & Co class A
Class B
11,137

*
♦

.

Ask Bid

Bid

3

4

IX

IX

13 X
22

15

2

*
43,346 Warner Aircraft Corp com
1
3,192 Wayne Screw Prod common—4
22,050 Wolverine Brewing Co com
1
2,097 Wolverine Tube Co com
2
60
Preferred,
100
5,630 Young (L A) Spring & Wire—*
_

80c
50c
13c

15c

10c

12c

5%

5%

105

82

Lowest

Highest

Lowest

Sale Prices

Sale Prices

Sale Prices

4

4% July
2% July

21
19

July
July
July
July
July
July
July
July

26
22
19
13
8
25
27
18

July 31

Ask Bid
Ask
4X
5
4%
2
Sale
2
21
21
23
28
28
2X
2X
A*
85c
Sale
90c
1
IX
IX

85

"

8X

,

104

14

July
1% July

12
12

25

July 26 25
2 X
2% July 22
75c
July
6 94c
90c
July
7
1%
12c
13c
July
8
7%
5% July 11
100
July 27 100
13
13%
July 17

2% Jan.
IX Jan.
15% Jan.
23
May
1% May
75c

Highest

17
4
24
26
26

Sale Prices
5
Mar. 3

2% Feb. 17
16% Jan. 28
26

Jan.

20

3% Jan. 10
IX Mar. 2

July
July
June

Apr.
Apr.

90c

12c
5
80

6
7
2

7% July 25
6
July 27
3 100

2% Feb.
25c

Mar.

2
2

Jan.

12

18% Jan.

June 29

10

4

19

UNLISTED DEPT.—

2,259
184
465

978

1,400
491
340

460

494

1,373
2,477
1,577
6,003
370
360

1,716
*

*

Consolidated Oil Co.

18 X
149 X

Sale
Sale
19 %

Sale

125 X

Hupp Motor Car Corp

*

8X

31X
25%

Sale

5
100

New York Central RR

Purity Bakeries Corp
4.380 Socony-Vacuum Corp

——25

10,291 Standard Brands Inc

No par value.

a

*

Deferred delivery sales.

36%
28%

22

Sale
Sale

5% July

15%

Sale

"7X Sale
r

13%
167%
21%
26%
1%
7%
130%
47%
1%

July
July
July
July
July
July
July
July
1
July
2% July
31% July
25% July

Sale

Kroger Grocery & Baking Co_*
Nash-Kelvinator Corp
National Dairy Products

Sale
Sale

July
July
July
July
July
July
July
July
July
3
July
37% July
28% July

11%
159%
19%
22%
1%
7%
119%
44%

Sale

3

43 X

Sale

""I"" Sale"

Sale

2

1
-1

Kennecott Copper Corp

Sale

*1% Sale"

com

Internat Industries com

19,538
7,622
43,765
5,935

21X

Sale

9

*

General Foods Corp.

4,807
7,356
1,808
7,940
9,975

1,418

_*
100

—

25
Borg Warner Corp common-.5
Commonw & Southern Corp..*

261 Dow Chemical Co

161

.

American Radiator
Amer Tel & Tel Co
Borden Company

11,076
1,634
2,150
5,735
9,654
5,144

6X

Sale

6%

15%
13%
16%
11 %
6X

Sale

Sale

July
July
July
July
July

10
12
29
1

18
28

168% June 12

21

21% July 21

18
18

32
2

Jan.

28

6

27
28

5

Jan.

3
21
> 5

July

14

25

Jan.

3H

1
25
25

7% July 18
18
July 22
16% July 24
18
July J ~
12
July
7% July 22

5

Feb.

9% Jan.
130% July
47% July

13
27

5% Apr.
12% Jan.
12% Apr.
11
Jan.
10% Apr.
5% Apr.

10
11
10
26
10
8

June

9% Jan. 2o
18

July

22

22
18

Jan.

3

Julyllg

13% Jan.
7% Jan.

4

3

x Ex-dividend.

Sold for cash.

Philadelphia Stock Exchange
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE
Stock Sales

1939

July

Shares.

Jan. 1 to

July 31

—

AGGREGATE
SALES
In

July
%

15.000
2,000

Shares

4,709
1,486

BONDS

1939
Bid

STOCKS

3,721 Bell Tel Co of Pa pref
11,535 Budd (E G) Mfg Co
926

Preferred
3 113 Budd Wheel Co

860
048

11,032
1,613
9,747
31.658

225

1.239
2,786

—

par
*
100

50
10

100

*
100

20

3,053

29% Sale
50% Sale

59

500 Penn Traffic common...—2%
2,166 Phila Elec of Pa $5 pref——*

25
20,488 Phila Elec Power pref—
150 Phila Insulated Wire
*
14,048 Phila Rapid Transit
50
7,206
7% preferred
.......—50
9,084 Philadelphia Traction. _ .... 50
100 Reo Motor Car.....

20

763
569

1,235

70
710

2,647
6,265
427
8,334

20

1,332
100

2,661
817

7,777
788

33,270
496
268

218

*

No par.

Salt Dome Oil Corp
1
Scott Paper
....—-.....*
Tacony-Palmyra Bridge.
*
Tonopah Mining—.........1

972 Transit Invest Corp..........
Preferred
Union Traction............50

10,064
13,494
23,514
4,161
228,822
5,773
1,837
1,415

x

—————-

United Corp common
*
Preferred
*
Unitea Gas Impt common....*
Preferred —————*

Westmoreland, Inc..........*
Westmoreland Coal.........*

Ex-dividend.




55

10

98

1,378

20%
120%
Sale

5% Sale

122,070 Pennroad Corp v t c
—*
56,738 Pennsylvania RR—.....—50
549 Pennsylvania Salt Mfg......50

9,942
7,683

18

82% Sale

5,515 Lehigh Coai & Navigation...*
3,336 Lehigh Valley
50
11,810 National Power & Light
*

~

50

Sale
Sale

*

Curtis Pub Co common
Electric Storage Battery....

General Motors

9%
150%
16%
19%
120%
7%

5

Chrysler Corp

516 Horn & Hardart (Phila) com..*
537 Horn & Hardart (N Y) com—*

112

1,441

8%

Ask

Ask Bid

9
72%

J*
72

0

V4

Sale

Peoples Pass Ry 4s

539 Bankers Sec Corp pref
1,696 Barber Co

66

Bid

71

...

25,565 American Stores
20,420 American Tel & Tel

3-.6
493

—

IN JULY

RANGE SINCE JAN.

118

124

37% Sale
3%
3%
5% Sale
8% Sale

1% Sale
24% Sale
160

2%
119

172

2%
Sale

30% Sale
17

IX

18

2
3% Sale
7%
8%

Lowest

Highest

Lowest

Sale Prices

Sale Prices

Sale Prices

July 31

July 1
Ask

Bell Tel 5s
.1948
Elec & Peoples tr ctfs 4s..1945
Leh Val ann 6s

Shares

2,953

July 31

1

Jan. 3

1,000
417,000
35,000
2,000

184

Jan. 1 to

1938

$54,0,00
612,000

Price

$

25,666

1939

$42,000
391,600

July—

335,270
1,716,339

PRICES

PHILADELPHIA
STOCK EXCHANGE

Since
Jan. 1

Bond Sales

1938

214,892
1,498,883

8% July
5
July 25
11% July 28

71

11 % July
14% Sale
167% Sale 157% July
14%
13% July
13%
13%
11% July
13%
11%
11%
122% 120% July
120% 121% 122
4
4% July
5% Sale
4%
Sale
37
July
45
4% July
4% Sale
"3%
68
July
67%
67% 81% Sale
4% July
28
25
27
28% 25% July
48
Sale
41% July
41% Sale

10%
157%

14% July
July
14% July
14% July
123
July
6% July

11
Sale

168

20

45

July
4% July
82% July
5
July
30
July
48% July

..

115
118
125
116% Sale
35
35
Sale
34
35
2
2%
2%
2%
2%
4
4%
3%
3%
9
Sale
7%
7% Sale

1%
16%
149
2

115%
29%
16%
2%
3
8%

1%
Sale

1%

Sale

18% Sale

10
8%
52% Sale
42

40
3.

iM
Sail4

%
2%
3% Sale
38%
38%
13% Sale
115
115%

July

1% July
16% July
148% July

9

10
10

10% July
49% July
38% July

%
%
%
2%
2%
34%
12%
L14%
8%
8%

31
18
27
25
22
22
31
18
19
18
20
28

July 11 120
July 27
35
July 33
July 31
July 17
2% July 27

150
Sale
2%
2%
2%
117% 117% 118% 115% July
29% July
29% 29% Sale
16% July
16%
17
17
2% July
2% Sale
2%
3% July
3%
3%
3%
8
8%
8% July
8%
151

8% July 25
73% July 29
11% July 28

July
July
July
July
July
July
July
July
July
July

1

9% July 26
1% July 22
19% July 22
150
July 17
118

30%
16%
3%
3%

8%

July 29
July 24
July 15
July 17
July
6
July
5

July
July
July
July
July
July
July
July
July
July
July
July
July

18

31
18
12
17
6
18
26
28
29
25
24
10

Highest
Sale Prices
1 117
June
1

117
June
6% Jan. 28
71
July 25
11% July 28

9% June 10

74% June 8
11% July 28

8% Apr.
148% Apr.
13% July
11
Apr.
117% Apr.
4% Apr.
35% May
3% Apr.
58% Apr.
3% Apr.
23% Apr.
36% Apr.

July 31
Mar. 11
Mar. 21
Jan. 10
Mar. lo
Jan.
4
Jan. 21
Jan.
5
Mar. 11
Jan.
9
Jan.
9
Mar. 9

112

Apr. 10 125% Mar.
July 31 38
Jan.
1% June 30
3% Jan.
3% Apr.
6
5% Jan.

35

6% Apr.
1

Feb.

15% Apr.
136

Apr.
2% Mar.

115
29%
16%
1%
2%
6%

Mar.

Apr.

Apr.
Mar.

June
Feb.
1% Jan.

9% May
43% Apr.
33% Apr.
%, Feb.
% June
% July
2% Jan.
2
Apr.

31%
10%
111%
7%
8

Jan.
Apr.
Jan.
Apr.
Apr.

8

9% Mar

9
5

4
3

9

2% Feb. 28
24% Jan.
4
165

Jan.

5

2% Jan. 30
1
30% Jan.
9
17
Feb. 23
3% July 17

119% Feb.

4% Mar. 28

9% Mar. 29
1% Jan. 14

16% Jan.

5

52% July

31
18

July
Apr.
Jan.
Mar.
Mar.
Feb.
Feb.

July

10
10
31
23
6
28
29

June 20

July

24

Jan.

24

San Francisco Stock Exch.
MONTHLY AND YEARLY RECORD

FRANCISCO STOCK EXCHANGE

RANGE OF PRICES ON THE SAN
1939

Stock Sales

July

...Shares.

Jan. 1 to July 31

418,231
3,267,773

$12,000

Jan. 1 to

July 31

$1,000

35,000

July

827,869
3,113,047

1938

1939

Bond Sales

1938

29,500

AGGREGATE
SAN

SALES

In

Jan. 1

%

$

8,000

13,000
5,000
2,000
1,000

......

SINCE JAN.

1

Price
Jan. 3

Since

July

RANGE

PRICES IN JULY

FRANCISCO
EXCHANGE

STOCK

BONDS

1939
Bid

Bid

Ask Bid

Ask

108

1966
1952

UNLISTED BONDS
5,000 Miller & Lux ctf of dep 6 % 1945
Certifs of deposit 7%—1935
2,000
2,000 Sou Calif Gas 43* %
1961

Sale Prices

95

Atlas Diesel Eng Co 6%—1945
Coast Co G & E Co 4%—-1965
Pac Tel & Tel mtge B 33*s
S J Lt & Pow Corp 6%

116

116
113

Lowest

Highest

Sale Prices

Sale Prices

July

18

98

July

27

112

87
June
5 98
July
1103* Feb. 14 1103* Feb.
1083* Feb. 28 1083* Feb.
1353* May 24 1353* May

27
14
28
24

Mar. 23 1193* June 15
1203* Jan. 24 1203* Mar. 3
1073* Mar. 22 1073* Mar. 22
118

116

lis 3*

Highest
Sale Prices

Lowest

July 31

July 1
Ask

113

S P Golden Gate Ferries—

4,000

Shares

5,000

STOCKS

Shares

660

1949

53*%

.

36

July

22

74 July

19

943

3,215
1,438
100

■""265
415

480

210

16,110
9,329
23,706
12,684
1,435

93*
....

63*

10
150

....

255

8,330
257

3,736
270

140

15,887
6,051
428

190

46

260

1,372
38,954
1,217
25,417
1,620
490

Class B

4

74

n7o*

110

IH

4

2

3

134

13

163*

18

163*

2.65
40

9*.
80c
6
22c

363*
17 H
49
27c

2.70

144
17 4

204
34

204
2.65

2 04

64

40

54

Feb.

74 June 24

10

Jan.

6

Jan.

75

Jan.

23

30c

Mar. 21

22 *36

10c

84
44
54
1304

17 4

174

18

21

'17

July

13

93* July 31
53* July 12
63* July 17
135

July

28

July
14
July
173* July
203* July

17
21
27
13

2

2

July
13 4 July
174 July
203* July

July

22

94
1.05

1.80

74
25c

11

28c

1.05 July
9
July
22c
July
38

July
18
July
193*
184
52
52
July
514
103
1043* 1033* July
36

42

18

52

31c

38c

41

35c
45

204
204
194

31c

18

214
64

July

July
July
July
July
July
July

21
21

7
20
5

6

1.05 July

93* July
29c
38

July
July

20

7
13
10
8

11

If*

35

8
1
9

20

Jan.

4

46

9

6
8

Mar. 13

Apr.

18

123* Jan.

24

1.50 Jan.
13

Jan.

5
25

35c

Jan.

25

June 21
203* June 20
7
533* July
104
July 12

38

45c

Mar.

7

Mar. 13

Jan.

5

July

20

Mar. 10

44

July

12

1 108

Feb.

17

25

193* June

1

18

8

Mar.

Jan.

103* Mar. 1
33* Jan. 19

Apr. 25 543*
Apr. 15 107
43*
8
Apr.
85
Apr. 11
Jan.

17

17

Jan.

1033* June

25

183* Jan.
2134 June

June 29

403*
1023*
33*
553*

Feb.

Feb.

6

98

July
July
27 46
July
6 1053* July
5
43* July
6
July
6
July
6 106
July

9

%

8

26c

7 104
33c

14

103* Jan.

6 190
11

22

Mar. 30

133* Apr.
483* Mar.

203* July
633* July

224
224
204

20

19
184

July
83* Apr.
Apr.
43* Apr.
124
Apr.
73* Apr.
2
May
12
Apr.
143* Apr.
4

93* Apr. 13
1.05 Jan. 18
7
Apr. 11
22c
June 28
35
Feb.
3

114

1.80
10
25c

10c

23

23* May 4
46
Apr. 18

45
43
434
104
1044 1054 Sale
34
44 Sale
34
67
693*
814
824
684
48
434
424 434 444
105
104
1054 1064 108

253*

15c

July
July
July
July
July

3

113*

414

233*

18

75

103

353*
37
1063* 108

74 July

55

1023* 103

....

Chemical

18c

94 Sale
44
44
64
54

9

12

20 3*

*

14,901
15,035
1,130
98,256
26,108 Chrysler Corp common
-5
3,659 Olorox Chemical A
*
520 Coast Cos G & E 6% 1st pf.100
Columbia Broadcasting Sys—
650
Class A
23*
270
Class B
23*
3,690 Consol Aircraft Corp com
_1

15c

19c

6
54
135
1314 132 4 134
64
54
63*

Calif Cotton Mills capital--100
Calif-Engels Mining Co.——1
California Ink Co Inc A
*
California Packing capital
*
Preferred
50
California Water Serv pref.100
Carson Hill Gold Mg capital._1
Caterpillar Tractor capital
*
Preferred stock.
100
Central Eureka Mg Co com.—1

Consol

2,426
2,384

8

Anglo-Calif Nat'l Bank

9,545 Byron Jackson com cap
*
8,174 Calamba Sugar Estate com-.20
1,090
Preferred
20
1,062 Calaveras Cement Co com
*
40
7% preferred
100
445 Calif Art Tile Corp class A---*

80

2,135
2,167

9c

1

Common

20
Assoc Ins Fund Inc com cap_10
Atlas Imp Diesel Eng Co
5
Bank of Calif Nat Assn cap 100
455 Beech Aircraft Corp com
,__1
2,360 Bishop Oil Co new
5

10

July

Par

7,825 Alaska Juneau Gold M cap.-10
15 Alaska Packers Assn cap—100

Angio-Amer Mining Corp Ltd—
3,800

36

20

June

18

Mar.

9
8

253* Mar.

8

193* June 20
163* Apr.

213* July
53* July

Industries

13,576
Inc class A partic pref
15,107 Creameries of Amer (new)

*
1

4

17

4 3*

54

173*
54

54

213* July
53* July

174 July
53* July

7

4

7

25

25

4

July
113* July
813* July

19
22
26

290

65c June

68c June 22

2.65 July

20
18
25

1.90 May
8
Apr.
33* Feb.
114
May
83* May
93* Apr.

43* Feb. 25

Jan.

30

Crocker First National Bank

10

9,081
1,150

"""413
760
100

••"190

•4",334
800
946

325
71
San Francisco cap
100 293
133*
143*
72,700 Crown Zellerb Corp com (new)85
87
9,573
Preferred (new)..
55c
1
292 Cypress Abbey Co common
2
2.15
2.25
3,460 Di Giorgio Fruit Corp com..10
14
Sale
2,470
Preferred
100
3 3*
43*
4,167 Doernbecker Mfg Co
100 Cow Chemical Co common
*
153* "20"
3,662 El Dorado Oil Works cap
*
9X
10
2,450 Electrical Products Corp
4
154
153
24,228 Emporium Capwell capital
♦
35
353
4,090
Preferred
50
9
11
8,528 Emsco Derrick & Eq Co cap—5

Ewa Plantation-—-.
20
Fireman's Fund Indem cap__10
6,455 Fireman's Fund Insur cap—25
4,881 Food Machinery Corp com..10
4,305 Foster & Kleiser common-.23*
250
Class A preferred
25
Galland Mercantile Laundry
1,040
common (capital)
*
635

••"300
730
786
800
20

220

890

283

320

280

IV*
60c
2.25

103*
34
114

84
9

164
39 4

74

320

10
Sale

103*

803*

94

81

60c

1.00
2.50

2.00

12

133*
44

34
123

120

163*

84
94
174

40

42

10 4
10

Sale

31
36

Sale

32

35

41

414

82

Sale

39
90

84
.

30

12*

290

300

July

93* July
763* July

1.00
3

Sale
4

2.50 July
12
July

123* July
33* July

34 July

128

July

8

163* July
July
73* July

July
43 3* July
83* July

26
27
31

33
Sale

403* July

Sale

90

413* July 11
95
July 21
323* July 17

9

93* July

8

103*
18

43
Sale

18

40

35.4

274

1.75
16

1.00

1.25

14

14

143*

153*

163*

July
July
1.00 July
143* July

213*

24

193*

25

21

25

34

1.55

Sale

34
1.25

284

30

300

July
9
Apr.
763* July

14

if*

530

7,903
366
625

-23*

47,379 General Motors
10
15,280 General Paint Corp common.*

49

7,562

7,313

3,687
8,183
120,043

3,160

3,160

2,103

5,440
3,514
11,002

850

301

2,098
6,121

59,759

220

890

1,495

12,936

10

i

000

130

914

""loo

2,349
3,120

110

300

T.102

1,900
10,191
19,647

679
90

860

515

6,045
32,687
1,236
46 447

2,042
20

2,273
544

'878
100

'"'343
535

6,105
10,534

10

270

4,297
1,655
3,600
3,935
2,498

26,537
9,878

20

77 509

411254
23 342

'817
490

160

520

1,455

13,862

480

800
•

Preferred
*
Gladding McBean Co com.—*
Golden State Ltd capital—.—*
Greyhound Corp common
*
Hale Bros Stores Inc capital-.*
Hancock Oil
*
Hawaiian Pineapple Co (new)—
Holly Develop Co common..-1
Home Fire & Marine Insur

Co of Calif capital..

.10

Honolulu OilCorpLtd cap new *
Honolulu Plantation capital..*
Hudson Motor Car com
*
Hunt Bros Packing common..*
„Preferred.
10
Hutchinson Sug Plant cap.. 15
IXL Mining Co
2 pesos
Langendorf United Bak cl A..*
Glass B
_*
Preferred
Leslie Salt Co capital
*
LeTourneau Inc common
10
Libby McNeill & Libby com.. *
Lockheed Aircr Corp com
1
Lyons-Magnus Inc A
*
Lyons-Magnus Inc B
._.._*
Magnavox Co Ltd capital—23*
Magnin & Co (I) common...*
Preferred
100
Marchant Oal Mach Co com.10
Meier & Frank Co
10
Menasco Mfg Co common
.1
Nat Auto Fibres Inc com stk..l
Natomas Co capital
...
*
North Am Inv Corp com
100
0% preferred—
100
53*% preferred
....100

North Amer Oil Consol cap..10
1 420 Occidental Insurance capital. 10
7,719 Occidental Petrol Corp com..!

No par value




Common capital

7 3*

9V,
50

8

26 4
94

64
124

334
19

92c

Sale

Sale

~144
41
Sale

1.00

353*

4n

22

23

13

16

74
38c
1.10

7

.

36
42

793
213

Apr.
Apr.

Jan.

203* July

12

203* July

63* July
493* July
7 3* July

6

21
17

1.60 Jan.

6

15

12

383* Apr.
8
5
Apr.
8
283* Jan. 25
53* Apr.
4
6
Apr.
8
183* July 31
113* Apr.
9
Mar. 30

173* Apr. 11
89c
July 25

Mar. 29

303* Feb.

17

93* Jan.
4
513* Mar. 10
83* Jan.
7
34

Mar. 14

93* Jan.
3
June 24
9]
193* July 18
15'

42;
22;
1.4(

Mar. 15

May

9

June

9
20

Jan.

Apr.
Feb.

55c

21
22
5

Apr.
May

1.60 July

Mar.
Feb.

Apr.

19

83* July

26
6

173* July
103* July
43 3* July
40
July
323* July

183* July
113* July
45
July
41
July
333* July

18
14
10
19
17

253* July
33* July

28

1.60 July
8
July

July 21
233* Feb. 10
17
May 24
5
53* Apr.

July
July
153* July

43

413* July
183* July
153* July

84
90c
1.60
10

3

June

July
323* July

53* May 27

37

4

June

95

Jan.

53* July
433* July
63* July
30
July
6
July
83* July
183* July
123* July
39
July
193* July

3

27

Jan.

July

July

Mar.

Jan.

203* July

17

103* Mar. 20
18

31
37

1

89c

25

Jan.

433* July

14

July
July
July
July
July
July
203* July
1.20 July

25

May 29

353* Jan.
63* Apr.

11
26

10

Feb.

17

General Metals Corp—
9

Jan.

43* Feb.

21

114

Jan.

July

1.10 July

15

Mar. 14
Mar. 10

26

20

Feb.

Mar.
Jan.
Jan.

Apr.
Apr.
May
Apr.

43

Mar.

7

1.80 Apr. 20

83* Apr. 18
63* Mar. 6
203* Mar. 14
123* Mar. 17
June
9
45
27

42

Feb.

34

May 24

6

June 24

35c

July
103* July
103
July
153* July
93* July
2.10 July
63* July
10
July

22
21

55c

July 31
113* July 27
103
July 20
173* July 24
103* July 25
2.70 July 22
73* July 17
103* July 26

June

363* Feb. 24
33* June - 1

Mar.

July
33* July

25c

Mar. 18

July

67c

Jan.

June

June

Apr.
Jan.
June

May
May
June

July
233* July
93* July
25
July

25,

10c

11c

24

July

July
26
July
12
July
253* July
July

12
21
22
28
24

July
July

9

163* Mar. 4
1081* Feb. 21

24
25

173*
103*
53*
93*
113*
53*

Jan.

23

34

Jan.

31

31

July
July
Jan.

4

Jan.

20

Mar.

Mar.

Feb.

12

July

Jan.

28

Mar.

June

19c

Jan.

2

8

22
7
17

AUG., 1939]

SAN FRANCISCO STOCK EXCHANGE

AGGREGATE
SALES
In

SAN FRANCISCO
STOCK EXCHANGE

PRICES IN JULY

July

1

January 3

STOCKS

Jan. 1

RANGE SINCE JAN.

Prices

Since

Shares

63

Shares

July 1

1939
Par

Ask

Bid

July 31

Ask Bid

Bid

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

O'Connor Moffatt & Co770

"""245
528
220
30

2,252

5",598
11,706
12,892
3,764
5,474
710
mm

—

m

-

m

2,699
8,511
1,520
1,159
12,938

B

18 X
3X
5h

*

Paauhau Sug Plant Co cap.. 15

Paclfic-Amer Fisheries Inc...5
Pacific Can Co
._..*
860 Pacific Clay Prod
capital
*

280
10

140
516

60,200 Pac Coast Aggregates com.. 10
79,773 Pacific Gas & Elec Co com
25
83,743
6% 1st preferred
25
28,822
5.4 % 1st preferred
25
33,967 Pacific Lighting Corp com
*
69,775
$6 dividend pref_.
270 Pacific Ltg Corp $5 div preL
24,254 Pac Pub Serv com (new).....*
23,698
First preferred
....._.*
2,230 Pac Tel & Tel Co common—100
1,070
6% preferred
100
1,040 Pacific Western Oil capital.. 10
5,919 Paraffine Cos, Inc, com
...»
30
4% cum conv pref
100
Philippine Long Distance
317
Tei Co capital
100
2,625 Phillips Petroleum Co cap...
1,660 Pig'n Whistle Corp partlc pf_*
1,880 Puget Sound Pulp & Tim com3,951 Ry Eq & Realty Co Ltd com— *
1,248
6% preferred (new).....100
17,230 Rayonfer Inc common
1
Cumulative preferred—..25
10,480
11,289 Republic Petroleum Corp..
1

10
110

1,119
390

1,914
1,457
250
'

mm-mm

m

4,180
5,228
100

100
m

m

„

-

„

4,408
1,241
204

570

598
mmmmmm

mm ■mm" m

1,081
5,895
20

790

15,658
193
mmrnm

rn

mm

391
230

11,564
1,460
4,010
i

—

1,421
30

20,308
3,839

5,878
265

2,666
3,973
405

175
60
mm m mm

m

20
331

140

Preferred

45 X

Sale

214

..100
75 Weil & Co com..
507 Wells Fargo Bk & Un Tr caplOO
Western Pipe & Steel of Calif
10

common

110

297

124 July

26

124 July 26
54 Mar. 17

50

60

50

1

1.70 July
July
July

304
334
304
454

1.95 July

334
354
314
504

35

364

2

1

34

4

5

54

34
44

July
July

125

1094 July
64 July
224 July
129
July

157

July
July 31 157

46

124
74
1.50
15
102

July

17
31

133
157

104 Mar. 4
12
594 Jar
1014 Mar. 8

364 July

18

364 July
1.10 July
4
July

18
11
25

44
6

54
39

7
1
7

2.40

2.10 July

19

30

134
74

144
74

2.25
20

1.75
17

2.25

40

22

102

54

54
464

45

1.85
6

54

64

104

114
1054

106

54
28

114

12

85

87

33 4

Sate

114 Sale

1.50

1.85

102

6
44
304 33
134 Sale
92
894
334 Sale
144 Sale
"

9c

25c
20c

"39""
44
26

404
54
Sale

15c

20c

4c

Apr. 29
Jan.

6

2.80 Feb.

9

17
18

354

35

36

20c

35c

25c

35c
90c

90c

July

7

July

17
18

124 June

23

2.10 June

34
374
144
104
34

26

13

July
74 July
1.60 July
18
July

6

5
21
26

144 July
84 July
1.60 July
18
July

27
17
21

26

54 July
434 July

1
13

1.60 July

6

64 July

40c

11

Apr.

90

28

794 May

1

34
16
15c

20
22
8

32

1

8

54 July

12
7

July
July
July
July

184 Sale
64 Sale
134 Sale

15
19

15

16

34

4
9
94
274 Sale
50

280

184

54
254

Sale

2.00
7

164
44
104
15

2.00

64

Jan.

344 June 23
4
214 Jan.
Jan. 10
35c

Jan.

10c

394 Jan.
44 Apr.

Jan.

Mar.
90c
144 Jan.

July
July
July
July
July
July
July
July

17

44
134
174
2.05

June

114 Apr.
July

954 Jan.
74 Jan.

54 May
17c

Jan.

July
164 June
44 July
84 Apr.
12
Apr.
2
July
64 May

20
5
1
10
11
14
16

134 Jan.

174 July

3

25

Jan.

11

27

9

Jan.

25

Jan.

26
31
28 110

June

Jan.

Jan.

7
7
28

280

Apr.

11 300

Jan.

14

July

11

124

144

14

July 21

144 July

13

114 Apr. 11

19

24

July

7

27

July

20

23

364 Mar.

34 July

13

34 July

13

24 July

7

24 July

20

54 July
124 July
1674 July
55c
July
274 July
84 July
54 July

26

291

300

29

31

25

27

26

28

30

20

30

23

July

7 295

31

34

10

4

134

34

6
5
18

4

295""

3

14

24
26

19
3

124

34 Sale

12

194 Jan.
84 Feb.

2864

290

18
16

Jan.

55c

194

25

ser

3
13

Jan.

110

27

27

I..50

(Consolidated) cl A

170

5

194 Jan.

June

100

Class A series 2 com cap..50
3,383 Yosemite Portl Oem Co pf.,10

1.120

7
2

21

7
25

304

1.75

Feb.
Jan.

96

104 Apr.
9c
May

90

4

Mar.

36c

64 July
July

274
100

286

164

7
32

Jan.

1
24
25
13

6

106

Jan.

June

17
18

J*

20

15c

11

2.10
7

28

134 Jan.

1.60 July
44 Mar.
104 July
103
Apr.

3

19

I?*

July
July
July
July
July
July

17c

6
25

9

74 Jan.
44 4 July
2.00 Jan.
Feb.
6

Apr.

24

July

J8*

June

25

6

2.05

26

July

25c

54
124

18

July

July

6

July
54 July

19

Jan.

July

July

164

27

Jan.

35c

124 July

Sale

July

36

91

164
4 4
94
14 4

5
7
10

Jan.

27

17

1

4

Jan.

40c

254 July
324 July
15c
July

12

114 July 29

Sale

Jan.

464 Feb.
54 July
294 Mar.
36
July

54 July

90

Sale

30

9c

114

17c

Mar.

6

93

54 Sale

108

May

104

16c

Jan.

26

91

30c

18

22
27

7
11

114

54 Sale

5

Jan.

314 July
144 July

July
114 July
87
July
33 4 July
114 July
15c
July

95

21c

,W*
100

Mar.

164 Jan.

June

1.60 July
6
July
July

114

55c

60

104 Apr.
6 4 Apr.
1.55 Apr.

5
26

64 Jan. 24
1
104 Mar.

June

11

54 July 21
104 July
5

89

51c

7

18
19
6
13
24

44 4 July

20c

434
4441
54
264 Sale

334
40c

54

105

11

44

31

7

July 31

43

1.10

30

1.60

25 4

July
43
July
94 July
16
July
2.20 July

12

June

Feb.

39

84

54
104
104

54 July 26

6

10

17

364 July
Apr.
34 June
54 May
31
July

50

1.10 July 11
4
July 25

14 4 July

108
Sale

25
24
28

June 24

74 Jan.
224 July

25

16

2.10

4

Mar. 11

July
July
July
Jan.

July

40

33 4
13

17

107

12

74

2.00
30

6

24
19
12

July

74
144
2.10

134

Feb.

344
354
314
504

49

38

32
Sate

124

6

2

2.40 Jan.

July
July
July
July

60

334

1

30
7

Jan.

54 Jan.
64 Feb.

94

45 4
484
96
106

32

Yellow Checker Cab Co—

mmmm__

106

128
Sale

84

ox
46

...»

...

7,249

8X
45

100

8,632 Sperry Corp common v t c
1
2,315 Spring Valley Co Ltd capital
*
75,067 Stand Oil Co of Calif capital..*
18,754 Super Mold Corp of Oal cap 10
7,740 Texas Consol Oil Co com——.1
*
2,380 Thomas Allec Corp class A

13,384 Tide Water Assoc Oil Co com.10
.570
44% preferred new
..100
270,705 Transamerica Gorpicapital—-2
Treadwell Yukon Corp Ltd—
Common capital
36,787
1
51,019 Union Oil Co of Calif cap...25
3,884 Union Sugar Co common..-.25
10,972 United Air Lines Trans v t C—5
10
2.3,540 Universal Cons Oil
1
6,815 Victor Equipment Co com
Conv cum pref.....—.5
8,567
2,450 Waialua Agricultural Co_.__20

126

Sale

6,520 Sou Cai Gas Pfd 6% cum A..25
98,541 Sou Pacific Co com (cap'l).lOO
2,807 Sou Pac. Golden Gate cl A...*

July

1094 1064 July
54 July
64
224 214 July

155 X 157

100

21

109

109
105^ 107
6
5%
5%
21X 21X 22
126

124
604

25
27
28

6

11

3

204 July
44 July
54 July

107

151

4,945 Signal Oil & Gas Co class A..*
25,352 Soundview Pulp Co new
..5

Class B

1.75

324 Sale
344 Sale
314 314
494 504

Sale

...

811

1

150

.........50

Preferred

L70

1.95

30X
33 X
30X
Sale

106

44
124

194 July
44 July
54 July

6

1.85

17,982 Rheems Mfg Co
68,126 Richfield Oil Co common
Com stock purch warrants
2,431
1
1,733 Roos Bros Inc common
230
Series A preferred
100
114,669 Ryan Aeronaut Co com cap—1
9,299 Safeway Stores Inc common..*
.2,767 Schlesinger (B F) com (new).
Preferred (new)
.25
2,220
5,329 Shell Union Oil Corp com....*
72
54 % cum conv pref.....100
410 Sherw'd Swan Co Ltd cl A
10

590

78

Sale*

6

30
33 X
30

...

74 Mar.

44
54
34
114

Sale

4X

...

'""406

5

19

4X
5X

4

11

_

2,530
4,019

7X
20 X

5

Class AA common.--.-.—*
Oliver United Filters Inc A—-*

34

Apr. 27
20
May 26
3 4 Mar. 31

Jan.

5

9

33

Feb.

21

4

Jan.

10

UNLISTED STOCKS

"""466
mm*

mm

mm

mm

200

1,245
2,266
3,684
2,127
40

1,140

""405
81

3,977
mmrnm

652

185

1,955

3,867
300
25
43

35 Alleghany Corp common
*
585 Amer & For Pow Co Inc com..*
80 American Factors Ltd cap...20
16
100 Amer-Hawaiian SS Co com

100

1
60,960 Am Toll Bridge (Del) com
12,043 Anaconda Cop Mg Co,com-.50

*
4,278 Anglo Nat Corp cl A com
5,737 Argonaut Mg Co Ltd capital..5
292 Ark Nat Gas class A common.*
600 Atch Top & S Fe RR com.. 100
_.._._*
206 Atlas Corp common
11,048 Aviation Corp (Del) com.....3
700 Aviation & Trans Corp cap..
16,180 Aviation Corp rights
...

100
1,231 B & O RR common
13,874 Bendix Aviation Corp com...5
1
100 Berkey & Gay Furn com
27,738 t Blair & Co Inc capital
Bunker Hill & Sullivan Mg
& Con Co common......24
2,465
Calif-Oregon Power—
6% pref Cnon-callable)—100
144
6% pref (1927 series)
100
319
1,170 Calif Pac Trading Corp com..*
Preferred

*

1,115 Oalwa Co

common
...—.10
25
100 Ghes & Ohio RR com
Cities Service Co (new)

500

$10 par
4,583
5,112 Claude Neon Lts Inc

..10

com
1
600 Coen Cos Inc class A conv— .*
Columbia River Packers

2,710

Assn Inc

*

common

200

515 Comm'l Solvents Corp com—*
*
200 Consol Edison Co N Ycom
*
5,108 Consol Oil Corp common..

"""298

298 ContinentalOilOo(Del)C ap__5

703

1,404

"856

"722
50

44
25

10,856
8,238
2,040
5,363

Curtiss-Wright Corp com—..1
Dominguez Oil Fileds cap
*
Dumbarton Bridge Co com.. 10

Eiec Bond & Share Co com.. _5
35 Fibreboard Prod Inc prior pf 100
*
10,191 General Electric Co com..
1,125 Hawaiian Sugar Co capital..20
414 Hobbs Battery
B capital
725

cl A

cap

199 Holland Land Co com

*
._.*
*

1,386

3.290

31,104

1,267
17,800
11,820

8,182
39,863
39,975
4,6^9

897
•

Nonpar value,

il* At
34 Sate*
144

124

65

80
80
7c

1.55
1.15

374
74
1

cum

Corp of Am com.l
preferred
1

4

3

«)

35

17

27

12

314
94
314
Sate

25c

50c

104

114

105

4

22

1.00
20c

"434
8ale

2.50
35c

1.75

30c

2

54
254
4
14

54
264
4
14

134

134

144

85

79
79

44
214
4
14

4

4

9
29

4
50c

Sale
55

94
35c

2.25 Sale
12 4
13 4

54
4

25
6

14 July

6

134 July

304 July

18

274 May 23

364 Jan.

30

22

34 June 26
3 4 Jan. 23

84 Jan.
34 Jan

11

7

44

54 July
264 July

25
28

33

74
204
54

74
224
54

8

22

54

354

36

36

20c

60c

25c

74

IV* "334
23
24

25c

4

50c

1.50

54
454

4?*
64

JH
20c

25c

1.50
31

32

t Odd lots.

1.55

Apr. 26

64 Feb.

28

29 4 Feb.

24

4 Feb.
34 Jan.

17
12

7

144 July

10

114 Apr. 11

144 Mar. 10

5
13

764 July

5

704 May 15
65
Apr. 17

78

78

July

13

1
17

6 4 July

4 July

18
17

14 July

6

94
1034
374
21

2.50
20c

1.50
6

494
64

54 July
1
4 Mar. 22

33 4 July

29

18

18

74 July

(t)
54 July
354 July

27
5

(t)
54 July
36 4 July

17

84 July

21

104 July

26

Jan.
Jan.

384
214

26

3

Mar. 13

1.25 Feb.

21

344 Mar. 18
9

Feb.

14 Jan.
25c

Jan.

2
5
19

13 4

29

94 Jan.

7

P

3^

Apr.
Apr.

0)
7 4 Jan.
374 Feb.

3

Feb.

30c

64 June

354 July
21
July

11
26

354 July
21
July

11
26

27

2.50 Mar.

10

6

July

17

6

July

14

74 July

13c

July

28
5
7

25
25
25
18

1.55 July
32 4 July

37c

July
2.80 July
374 July

Jan.

35c

1.75

Apr

6

Mar. 23
Mar.
2

3

54 July 10
524 Jan. 17
6
Apr.
8
13c
July 28
1.60 Apr.

1

Mar. 16

2.50 Mar.

1.75 Mar.
2.50 Jan.

54 July

14

__

314 Apr.
21
July

2.50

Feb.

124 Jan. 20
1074 June 27
424 Jan.
5

June

30c

384

Mar. 14

33 4 July

374

40c

64

5

June 20

7c

30c

6

4

64
504

764 July

64 Mar. 15
Feb. 24

114 May
July
Apr.

107

17c
Sale
2.10 Sale

38

Mar. 13

4

33 4 July '29

40c

94

Mar. 14

15

114

Sale

3

<i« June 21

.

Apr. 10
4 Feb. 17

3

74 July

5
7

3

7

2

"2" 50

4 4

18

Jan.

114 Mar.
74 Jan.

14 July

6

104
324

74

2.50

June

1
May 25
344 Mar. 18

54 July
4 July

Mar. 11
Mar. 13

13

50c

6

204

64
1054

170
67c
36

36

64
4

20

214 Apr.
84 July
34 May

5

25c

16

Jan.

45c

......

33 4

10

304

2

~2~40

54 July

224 July

June

Mar. 10

17

7c
2

Sale

J

25c

64
17

44 July

18

764 July
78
July

80c

4

"32""

30

143

118

25

15c

74
50c

374 Sate

42

764

(0
24 July
314 Mar

24 July
304 Apr.
144 June
Apr.
July
1484 Apr.

>u June 26

80c

384

5

11

304
84
304

t Formerly Bancamerica Blair Corp.




6

Sate

20c

84
7%

4
23
28

75

65

54
;alo Petrol

*iH

134

7

100

"

24

2i«

1.50

Capital.

V*
34

124
14
5
34
54 July
54
44
12
114 Sale
114 July
124
1574 159
1664 1684 1664 July
48c
48c
51c
54c
50c
July
224 Sale
254
264 224 July
10
10
84
84
84 July
6
44
54
54
54 July
34
24
24
J*
28
26
244
304 304 July
84
74
84
c
9*
3 4 July
34 Sale
44 Sale
2
14
14
24

500 Amer Pow & Light com—_.__*
com
*

6,541 Amer Rad & Stand San
15,065 Amer Tel & Tel Co com

30

694

2*
28

11
11

Jan.

20

7

Jan.

3

524 Jan. 17
94 Feb. 27
37r

Jan.

2.80 July
404 Jan.

7

25
11

SAN FRANCISCO STOCK EXCHANGE

64
aggregate

STOCK

stocks

1939
Bid

Par

Shares

Shares

5c

355 Marine Bancorporation cap..*
1 045 Matson Nav Co capital——*

20*4

22

20

30

1,030 McBryde Sugar Co Ltd cap—5
102,730 M J & M & M Consol capital _1
391 Monolith Portl Cement com..*

3 *4
15c

4*6
17c

26,375
20

3*4

6

10

7*6

9

Preferred

965

10

—

Montgomery Ward & Co,
Inc. common
13,829
28,553 Mountain City Cop Co cap..5c
3,226 Nash-Kelvinator Corp cap—.5
100 Nat Distillers Prod com
*
14,482 Nor Amer Aviation Inc cap—1
948 North Amer Co common
.*
1,964 Oahu Sugar Co Ltci capital..20
586 Olaa Sugar Co Ltd capital. .20
515 Onomea Sugar Co capital—20
700 Pacific Indemnity Co cap—10

4,082
5,222
494
~

1,860
100
406
17

584 Pacific Portl Cement com.

117

"179
1,197

"170
*"222
1*207
4,815
1,339
1,775
40
20

480

2,759

18*1

Class A

230

45

4%
2

""75

_

2,215
600

3,008
15

1,010

.....

22

23

22

28

20%
28%

27%
28%
31

2sk

29

§ *r

3

6%

10 {%

110
Sale

1031
7

12

70c

—

08%
%
80c

6%

85c

1*4

29

43

July
3% July

1
14

43*6 July
3*6 July

1
19

6*6

43

10

July
6*6 July

9% July
5% July
4*6 July

20

4*6 July

20

July

11

5*6 July

20

15*6 July 22
27% July 12
5
28*1 July
29*6 July 10
1
33*6 July
July
6*6 July

1
26

6*6 July

6

17%
35%
2%

16*6
37*6

75c

75c

80c

51*6
%

52*6

1

1.00

4%
4%
2%
%

18
July
28*6 July
29
July
29*6 July
33*6 July

55*6 July

22

Mar.

28

13*6
21*6
19*6
356
18*6
30*6

Apr.

16c

23

Jan.

28

43

6*6 Jan.

1

26
June 23
July 14
Apr. 10
Jan.

3

3

July
6*6 July

26

9*6 July

28

1

45
July
13*6 July

19
7

18*6 July
39*6 July
3 % July

17*6 July
38*6 July
2*6 July
60c
July
44*6 July

75c

July

54*6 July

1

5*6
4*6
4*6

8

4*6 July

5*6 July

25

26

Mar. 17

2.45 Feb.
48
Feb.

7
Apr. 10
Apr.
1
Feb. 15
Mar. 14
18

Apr.

8
22
28
11
4
10

3
17
11

4*6 Jan.

Jan.

4

23*6
11*6
8*4
1*6

Man
9
Mar. 15
Jan.
5
Apr.
1
Feb.

6

28*6
7*6
25*6
26*6
28*6
29 y8

Cfl
5*6 Apr.

2

Mar. 20
Feb. 28
Mar. 3
Jan. 13
July 17
June 16

29*6 June
33*6 Feb.

5
7

Jan.

4

June

6
May
4
43*6 Apr. 10

6

7*4 Mar. 10
47*6 Mar. 21
U)
8*6 July

11

24

May 26

40

8

7
11
12

45

29

18*6 July 17
42*6 Feb. 28
3*6 Feb. 24

June

10
Apr.
44*6 Jan.
16*6 May
35
Jan.
2*6 May
54c
Apr.
44*6 May
% Feb.
40c
Apr.
4*6 Apr.
4
May

24
18
10

18
28
18

May 26

July 19
14*6 Mar. 5
Jan.

47

18

Feb.

75c

21

69*6 Jan.
4
*6 Feb. 28
1

Jan.

31

18

656 Mar. 10
5*6 June
9

13

% May

%

19

33*6 Mar.

4

3

Jan.

25*6 May 16
4*4 Mar.
9

July

Jan.

1

19*6 Feb. 16

Feb.

28*6 Jan.

3

Mar.

25

Mar. 17

9*6
5*6
196
4*6

5

8*6 Mar.

July
Apr.

32

2.00

4*6
4*6
3*6

3%

19*6
38

3*6

40c

6

7

28
21

Feb.

8

15*6 July
23*6 Jan.
27*6 Jan.

"37*6

3

4%

8
7

42*6 July
13*6 July

45

13

36

Sale

Jan.

4

8

15

21

4*6 July
8*6 Apr.

June 12

10c

20

42*6

37

25c

4M

15

20*6 July

3

5

6*6

45

60c

6%
6%

July

29

20

28
12

7%

44%
Vs

2.00

4H
%

29 %

16%
34%
2%

Sale

6

704 West Coast Life Ins Co cap—5
50 West Air Express Corp com. _ 1
100 Western Pacific RR com...100

Sale

2

3*6 Feb.

20

28*6

lly>

40%
3%

17*6 July
22% July

24

29%

6

5

Apr.

27

Sale

29

Jan.

J an

1.75 Jan.

5%

30

iih w

1
12
14

28

5%
23%
16%
28%

7%
45%
14%

39%
2%

43%
3%
1%
19%
11%
6%
2%
5%

20

8

July

25

44*6 Apr.
6
3*6 June 24
5*6 Apr. 10

5

28
21

2.50

103
110
110
8*6
8*6
6%

6%

7%
35

20*6 July

July
4% July
8% July

55*6 July
4*6 July
7% July

51*6 July
3 % July
7% July

22

41

42

12

28
21

4%
23%

9%
5%
1%
4%

6c

22

2
6

June

28

July

4% July
8% July

10c

3%
20%

3%
1%

11c

Sale Prices

10

20*6 Apr.
3

20

6%

41

24
19

14% July
22% July
191% July

Sale

3

7%
52%

July
July

Highest

Lowest
Sale Prices
5c
Jan.
13

23

33% Sale

8

6

51*6

*

24%
18%
26%
28%
29%

17

24%
27%

24%

18

5

24

23%

1%
5%

28

4%

53%
4
7
25%

11%
5%

9%
5%
1%
4%

2%
7%

52%
3%
6%
23%

40

17

16

23%

United Aircraft Corp cap
United Corp of Del common

Los

1%

5c

21

8%

3%
1%

3

8%

22%
30
3
3%
11c
Sale
4%
6

20%
19%

1.60

3
Sale

43

13

7%
2%
5%
24%
3*4

26

1.50

50
Sale

10

25
pref.

2.50

23%

5
*
U S Petroleum Co capital..
1
U S Steel Corp common
*
210 Utah-Idaho Sugar Co com—5
25
1,615 Vica Co common.
5
8,145 Warner Bros Pictures com

8,100
3,520
9,725
37,811

930

22

2%
24%

*

preferred

5%

1.65

49%
3%
6%

14% Sale
20%
21%
19%
20%
3%
5
22%. 25

23

4

*

Class B common

200 Texas Corp common
190 Title Guaranty Co cum

Sale

4%
8%

24

23

18 %

lie

48%
3%
5%

8*4
27%

20

Superior Portland Cement—
395

220
200

10c

6 *4

22

.

3

50 H

27 y*

22%
30
3*4

4%
8%

6*6
8*4

.100

.

5c

20%
19%

49 *4

541
6*6 % preferred
100
6,087 Packard Motor Car Co com..*
197 Park Utah Cons Mines com__l
700 Pennsylvania RR capital—50
437 Pioneer Mill Co Ltd capital_20
*
11,163 Radio Corp of Amer com
*
150 Radio-Keith-Orpheum com.
*
3.550 Riverside Cement (Del) A
304 Santa Cruz Portl Cem com..50
10,403 Schumacher Wall Board com
Preferred
*
2,360
3,033 Shasta Water Co common—*
25
26,657 Sou Calif Edison common
C 5*6% preferred
25
8,334
B 6% preferred.
25
13,341
—25
286 Sou Calif Gas 6% pref
Sou Pacific Golden Gate Co—
186
6% preferred
100
*
3,462 Standard Brands Inc com
25
400 Standard Oil N J capital
Stecher-Traung Litho Corp—
Cum preferred
40
100
1
10,364 Studebaker Corp common
Sunset-McKee Salesbook Co—
Class B common
*
20

120
915

10c

Highest
Sale Prices
6c
July
8
21
July 19

Sale Prices

Ask
12c

Ask Bid
5c
8c

Bid

Lowest

July 31

July 1
Ask

1,800 Kleiber Motor Co capital—.10

1,100

1

Price

EXCHANGE

Jan. 3

Since
Jan. 1

July

range since jan.

prices in july

FRANCISCO

SAN

sales
In

*4 May 13

Angeles Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE

Shares_

July
Jan. 1 to

July 31

1938

July

911,343
3,848,522

338,112
2,760,303

1939

Bond Sales

1938

1939

Stock Sales

Jan. 1 to July 31.

aggregate
prices

LOS ANGELES

sales

July

Jan. 1

STOCKS

12",769

200

2,249 Assoc Gas & Electric A
130,678 Bandini Petroleum Co
115

5 *6 %

1
1

100
648

25

30
206
"

4,206
774

1,360
1,868
900

""758
1,4
5

7,300
45

400

"4",092

""300
2,344

2,543
18,600

200
150

13c

200

2,919
14,516
8,045
40,880

30c

13c

32
30c

39c

35c

42c

2*4
5*6

2*6
1 *4
6

B

lc

Douglas Aircraft Corp
Electrical Products Corp
Emsco Derr & Equip Co
Exeter Oil Co A

270 Farmers & Merch Nat Bk
1,518 tFitzsimmons Stores Ltd
100 General Metals Corp
27,065 General Motors Corp

4
«__5
1
100

25c

90c

67*4
7*6
4

77%
10*4
10*6
70c
370

8*6
5*4
5*4
64*4
9*6
7*6
43c
380

5*6
41%
6*4

2.50
10

common

15

5*6
7

8*6
25*6
38*6

—

1.00

8*6

1%
17
4*6

2*6

1.00

24

,

18*4
13*6
1*6

68*4
7*4
4*6
9\
5*6
---

25

19

3*6 Jan.

July "27

25*4 Apr.

6*6 July

7

July"27

29*6

35c July

13

35c July

13

(0
July
60c July
5*6 July

6
13
17

(0
2*4 July
60c July
5*6 July

12
13
17

2

14

19*4
Sale
90c
1*6
81*6
82*6
7*6
7*6
4*4
5*6
9*4
10*6
5*4
6*6
5*4
69*6
70*6
10*6
10*4

35c

July

6*4 Apr. 25
13

Jan.

2

33
30c

Mar. 16
Feb.
7
Jan.

13
13

75c

10c
Apr. 17
1 *4 Mar. 22
60c

July 13
5*6 Apr. 21

75c

Feb.I

12

3c

June 28

2c

3c
Apr. 15
3c
Apr.
6
16
13*6 June
7
15
Apr.
6 20
12
17*6
May 16
1.00
90c
Apr. 19
61
Apr. 19 83*6
7
9*6
Apr. 11
3*4 Mar. 30
6*6
11
7*4 Mar. 30
5*4
3*6 Feb. 16
6*4 Mar. 14
6*4
71*6
60*6 Apr. 27
9
Apr. 11
11*6
6*4 Apr. 10
10*6
40c
Apr. 28 67*6c

12*6 July

31

74*6
7*6
4*6
9*6
5*6

12
20
11
10
5

83*6
7*4
5*6
10*6
5*4

27
3
18
13
25

July
July
July
July
July

July
July
July
July
July

6

Jan.
Jan.

8

Jan.

lc

31

30

Apr. 17
3*4 May 20

3c

0
0)
12*6 July

5

10c

3c

71*6 July 18 71*6 July
10*4 July
9*6 July
8
Sale
8*6 July
7*6 July
Sale
55c July
43c July
49c 52 *6 c
390
388
July
375
392
390
July
11
11*4 July
11*6
11
July
11*6
6
7
6*4
42
July
47*4
48*6
43*6 July
5 49
7*4
6*4
7*6
16
17
18
(i)
(t)
7
July
7
7
6*4
7*4
July 28
8'
7*6
9
9
9*6 July
8*6
9*6
July 13
32
July
28
26*6
July 12
29*6
30*6
40*6
39*6 July
~ '40*6 July
39*6
41
1.10 87 *6 c Sale
1.20 July
85c July
2*6
1.20
2*6
18*6 18*4 20
6
5
July
4*6
5*4
5*6 July 18
1*6 87*6c
1*6 July
1 *6 July 10
1*6
65*4
Sale
8

Mar.

Sale Prices
1
Jan. 11

2c

4c

18*4
12*6

3

Mar. 31

12c

5c

13

17*6
11

4*4 July

29*6

10c

lc

-

65.

5
8*4

lc

—

page

30

3c

11

67 General Telephone Corp
20
3,740 Gladding McBean & Co
*
11,093 Globe Grain & Milling Co— .25
2,359 Golden State Co
*
12,289 Goodyear T & R Akron com..*
20,617 Hancock Oil Co A
113,690 Holly Development Co
—_1
515 Holly Oil Co
5
300 Honolulu Oil Corp
*
1,466 Hudson Motor Car Co
*
3,224 Hupp Motor Car Co
see

7*1

25c

10

common

Sale Prices
75c
Jan. 28

3c

4*4

20c

2*6

10

5,426 Broadway Dept Store com
4,600 Buckeye Union Oil com
1
3,000
Common vot trust ctfs
1
1,072
Preferred
1,000
Preferred v t c
1
993 Byron Jackson Co
_*
1,968 California Packing Corp
♦
2,838 Central Investment Corp._ 100
700 Chapman's Ice Cream Co
*
19,197 Chrysler Corp
5
11,532 Consolidated Oil Corp
*
7,625 Consolidated Steel com
*
18,893
Preferred
4,658 Creameries of America v t c—*
350 District Bond Co
25

Highest
Sale Prices

1.00

5*4
7*6
29*4

Warranto

24,667 Bolsa Chica Oil Corp A

For footnotes




•

Ask

5*6
6*6
27*4

*

50

preferred

355 General Paint

67
100

.

3,100 Barnhart-Morrow Cons
1
3,950 Berkey & Gay Furniture Co—1
Qfi

"3",072

1

Highest

Lowest

Lowest

Sale Prices

July 31

Ask Bid
Bid
50c 87 *6 c
50c

Par

475 Barker Bros common
20

July 1

1939

Shares

"

since jan.

Jan. 3

Since

Shares

range

in jlly

Price

STOCK EXCHANGE
In

4

12
8
May
Apr. 15
6
Apr.
Feb.
6
June 21

Jan.

19
Mar. 31

July
Jan.
Jan.
June

27
6
4

9

July 25
Mar. 14
July 18
18
Mar. 10
9
Jan.
4
28
Jan. 20
12
Jan.
4 399
7 360
Mar. 6
9*6 May 15
12*6 June 10
17
6
6
May
6
May
6
37*6 Apr.
51*4 Mar. 10
28
5*4 Apr.
7*6 Ma*. 6
(0
CO
6
Apr.
9*4 Jan.
7
28
5
Jan. 11
9
May
4
6*6 Apr. 10
9*6 June 23
12
22
24*6 Apr. 26 35*6 Mar. 8
33
Apr. 11 42*6 May 11
18
1.40 Jan. 20
85c
July 27
19
2
Mar. 31
2*4 Jan. 12
22*6 Jan. 23
22*6 Jan. 23
7
Feb.
2
5*6 July 18
25
5
2*6 Jan.
1*6 June
7
10
,

AUG., 1939]

65

STOCK EXCHANGE

ANGELES

LOS

AGO REG ATE

SALES

PRICES IN JULY

LOS ANGELES

STOCKS

July

Jan. 1

Shares

680

8,050
2,019
1,646
1,217
775

6,120
200

~Y,i6o
500

~Y,9O6
"""560
370

3,165
18,000
1,195
53,496
25,353
41,363
16,063
6,575
115,002
4,500
6,000
7,245
32,300
5,866
25,030
2,880
5,150
13,699

L

Industries Inc

A

385
1,910
1,281

2

_

Investment Co

1

Menasco Mfg Co
Merchants Petroleum Co

1

Mt Diablo Oil

400

486
188
192

"""925
960

8,050
40

3,403
2,074
"

1,746
10,585
3,800
409
200

178

8,495
9,305
2,600

"""265
3,157
300
232

10c

*

July 31

Ask Bid

Bid

Lowest

Ask

Highest

Lowest

Sale Prices

Sale Prices

Sale Prices

Preferred series C

..-.10
25

10

28k
31k
28k

25
-25
10
*
*

10

Preferred

10k
29k
32k
29k

28
Sale
6k
7k
20 k
21k
Ilk
12k
3 k Sale

10

18,610 Republic Petr Co Ltd

12
-----

27 k
43 k

*

25,400 Rice Ranch Oil Co
59,118 Richfield Oil Corp common-

50
1

35
18c
9

Warrants

40

25c
Sale

Sale
3k
3k
7 k Sale
28 k
29 k
28k
30
14k
15k
6c
Sale
2 k

18,600 Roberts Public Markets.
139,612 Ryan Aeronautical Co
*
4,818 Sate way Stores Inc
1,686 Security Co units
727 Shell Union Oil Corp
*
25c
28,000 Sierra Trading Corp
*
7,567 Signal Oil-Gas A
*
5,487 Sontag Drug Stores
25
55,053 So Calif Edison Ltd com
822
Original preferred
25
6% preferred
25
24,168
5 k % preferred
25
24,342
743 So Calif Gas 6% pref
25
25
10,716 So Calif Gas A 6% pref
100
53,866 Southern Pacific Co
*
37,020 Standard Oil of Calif1
3,609 Sunray Oil Corp
25
9,707 Superior Oil Co common
*
1,356 Taylor Milling Corp
*
118,066 Transamerica Corp
25
76,409 Union Oil of California
10
8,624 Universal Cons Oil Co
*
1,226 Van de Kamps Bakeries
2,602 Weber Showcase & Fix pref--*
-

30k
8k
24 k
42 k

28 k
27 k

10

Sale
43
29
Sale

31k
21k

32
Sale

28

Sale
2k
Sale
8k

2

43
8

6 k
18 k
15 k

7k
4k

1
-10
1,861 Yosemite Portl Cement pref 10
-

31k

31

-

14,282 Wellington Oil Co
400 Western Pipe & Steel Co-

2c

4c

2c July

9k

10k

10k

7c

11c

5c

6c

9 k July
5c July

24 k
2

25 k

26k

Sale
Sale

4k

2k
4k

4k

40c

45c

45c

2k Sale

4 k
17k
3k

-

STOCKS—
2,170 Alaska Juneau Gold M Co. 10c
Black Mammoth Cons M ColOc
203,800
121,200 Calumet Gold Mines Co—10c

Sale
Sale
Sale
8k
8

Sale
20
4

30c

2k

•2k

•

55c

Sale

25c

15c
lc

42c

45c

5c

18c

8c

49c

47c

60c

5k

4k

1

Ilk

25c

10k

Ilk

12

25c

45c July
2 k July

2

it)

25c
3c

45c July

13

45c July

it)

13

it)

6c

13c
45c July

10

60c July

24

ft)
Ilk July

21

30
32
44 k

5k
20 k
8k
2

30
12c

7k
lk
5k
5k

30k
33 k
30k
32k
45k
5k
21k
9k

o?*

33

2,5c
Sale
Sale
Sale

Sale

32k
34 k
30k

33

«)
Ilk July 21

35
49 k

Sale

5

35

30 k July
34 k July

33 k July
34 k July

31k

31k July

31k July

33

35
50

50

6k

22

Sale

8k
2k
32

9k

«!*

16c

22c

7k
lk
5k

7k
lk
5k

5k

July

47 k July

Sale

38k

39k

44 k

29

30

29 k

45 k
30

10k

10k

10k

Ilk

3c

11c

3c

6

k July

22
9

July
July

2

July

6k
22 k

9

July

2k

32 k July
16c July

34
16c

7 k July

8k

lk July
k July
5k July
46
July
29
July
(t)

lk

5

5k
6

27
12
24
18
27
28
13
17
25

July
July
July
July
July
July 26
July 21
July 17
July
July
July 17
July 18
July 13
(0

5c

27 k
25k
9k
26 k Sale
44 k
42 k
Sale

29

28 k

33 k
33 k

Ilk

29
Sale

Ilk
Sale

26

lk
40 k
8k

5k
16k

2

43 k

2

10

7
3

c,W
Sale
44 k

29 k
Sale

39

45c

30

6 k June
20
May

9

30 k July 19
9 k July 17
28 k July 18
44
July 17
29 k July 14
29
July 17

34 k
Sale

26 k

10

33 k July
12
July
2

40

k

9

Sale

16 k
Sale

34
July
15 k July
27
July

25k July

5k
16 k
14 k

2 k July

July
July
July
July
July
July

41k July
9
July
6
July
16k July
17 k July

6 k July
2 k July

7k

3

7
17

7k Jan.

19

Feb.

30c

12k Mar.
Ilk Apr.
10 k Feb.
33 k Mar.
34
July
31k July
35
July
50
July
6 k June
22 k July

9
8

July
July

30

June

15

15c

June 30

16
__

14

18
9

11
12
24
18

27
9
13

7

17 10k Mar.
7
3k Jan.

2

6k A nr.
1 k July
3k Jan.

23

Jan.

10k
3 k
5 k
7k

11
1
9

Jan.

30c

June 29

5

21
17

Jan.
Jan. 18
6
July
3
Jan.
July 18
Mar. 10

46

24

31

26

Jan.

6c

June 28

Jan.

Jan.

May 12

10

25

40k Apr.
4
28k Apr. 21
27k Jan.
3

28 k July
June

18

29 k

June

1

29

6
June
Jan. 20
June 21
Jan.
4
Anr. 14
July 24
Mar. 10
June
9
Jan. 10
Mar.
9

44

Jan.

17

32k

32

Apr.
10k Apr.

17

34 k

8

25 k May

21k
30k
2k

25

12k Apr.

16
11
11
3
29
1
8

lk Apr.
35k Apr.
7k Apr.
5 k June

16 k July
Jan.

4

Mar.

15
11
28

6 k July
4 k July

15
14

2k Apr.

13 k July

28

3 k July

21
28

13 k July
3 k July

3
5

32k Jan.

24k Apr.
8
7 k Apr. 14
23

6

36

30k Mar. 22

8

13 k July
3 k July

11

Jan.

18
22
18
24
10
13
12
18

10k

14k
3k

15

Jan.

20c
85c

13

3c

26k July
9 k July
26 k July
44
July
29
July
28 k July

10c

7

Jan.

Feb.

Jan.
Jan.

4c

55c

8
18
18
8
30
20
26

43

7

7
Apr.
5
4
5 k Jan.
25c
Apr. 25
60c

6

Feb.

May 16
Apr. 28
24

4k Mar.

1?

9k Apr.
Ilk Apr.
9k Apr.
28
Apr.
31k Jan.
29k Jan.
27k Jan.

25c

June 30

36 k Feb.
2k Jan.

Apr. 25
Apr.
1
July 13
Apr. 10
Apr. 28
July 10

32

J*
42

13k
3k

Sale
15

3k

■28k
44 k
29 k
28k
33 k
33 k
14 k
26 k

5k
16k
16k
9k
5k
3k
12k
3k

8

5k
2k

32

9

9

Sale

14

12

30

46

5c
11 k

14c

12

4k Apr.

10

9k
33

45c

June
June

39c

12k

30

Mar.
9
Apr. 22

22k Apr. 26
lk Apr. 11
3k Jan.
5

2 k July
4 k July

(0

Highest
Sale Prices
41c
Jan.
16

9 k June 20
5c
July 25

5k

tY"

July
2
July
4 k July
40c July
2 k July

2c

18c

45c

26

6c

8c

2c July
10 k July
7c July
28
July

4c

36c 52 kc
7c
5c

30c

30c

4c

15c
lc

25c

Ilk
12k

10

9,735 Pac Gas & Elec Co com
1st preferred 6%
4,397
1,360
5k % 1st preferred
11,460 Pacific Indemnity Co
9,179 Pac Lighting Corp com

25c
5c

10c

2c

10c

22c

1

Corp common--10

Preferred A

9,405

Sale

77kc 80c
6k
7k

-

Pacific Distillers lnc

653

70c

17c

.

Clay Products

Pac Finance

J

48c

1
5

Corp

Oceanic Oil Co
Pacific

Sale

50c
05c
60c

03c

Ming & Dev

Nor don Corp
Occidentai Pet

11c
34 k

5k, Sale
21c

Mid-Western Oil Co

834 Pacific Public Ser 1st pref
950 Pacific Western Oil

3,617
7,666

50c

1

350
270
140

2 k
3 H

10

360 Pacific Puoiic Service

1,690

10c
33 H

Mascot Oil Co

100

6,700
2,549

3c

1
1

Corp
Lockheed Aircraft Corp

958
290

36c

1

Co

Lincoln Petroleum
LA

Ask
40c
06c

8k

Intercoast Pet Corp
Jade Oil Co

tLane-Wells

July 1

1939
Bid

Par

240

1,553

SINCE JAN.

Jan. 3

Shares

~2,066

RANGE

Price

-STOCK EXCHANGE
Since

In

20
1

18
28
28

45k

10k
7 k

3

19k
17 k July 25
9 k June
5
6 k June
5
Jan.

2
4

13 k July
3 k Jan.

21

Jan.
Jan.
Jan.
Jan.

10

2k Jan.
2c
Jan.

16

9

MINING

125

50,200
8,500
3,700
600

19,000

15,975

52,880
3,025
97,000
11,000
46,875

Cardinal Gold Mining Co
Cons Chollar G & S Co

5,219
3,632
14,937
19,393
1,516

Amer Rad & Stand San

1,666
3,895

1

71
30

1

Zenda Gold Mining Co

1,

1,426

T263
785
70
25

388
7

1,900
241
465

573
794

360
220

895

1,601
372
555
730
465

1,072
693

1,371
2,420
2,564
956
260

1,050
490

869

4", 551
70

1,289
806

335
855
764

3,225
85

1777
410

817
463

500

4,040
2,658
1,220
215

•

I

11c

8c

11c

lk

Sale
lkc

1.05

1.25

lc

2c

6kc July
1.15 July
lkc July

3c,

17k
51k
149

22 k

5

28 k
31

5k

53
5k
89

*

46

10

153 Cities Service Co
Columbia Gas & Elec Corp
Commercial Solvents

7

*

5
1

(Del)
Corp

Class A

3?l

Electric Bond & Share

5

Electric Power &

_

Light Corp.

IP

General Electric Co

*

43

Corp

*
__*

39

Goodrich (B F) Co
International Nickel Co

*

23 k
54 k

International Tel & Tel

*

9k

Kennecott Copper
Loew's Inc.

*

42 k

*

53 k
50

Corp:

Montgomery Ward & Co.-

*

New York Central

*
1
*

RR

North Amer Aviation Inc
North American Co
Ohio Oil Co
Paramount

Pictures

8c

10c

8c

2c

2kc

2kc

4c

18k

150""
34 k
6k
22 k
Sale

3k
Sale

32

6k
47

41

7k
Ilk
lk
31k
Sale

25
„-l
--25

25
-.10

Union Carbide & Carbon

United Aircraft Corp.

*
*

-

10

-100

21k
19

5k

Ilk
Ilk
43 k
39k
24 k
55 k
9k
43 k
54 k
50 k
22 k

6k
6k
32k
42 k
15k
45 k
5k
31k
40 k
48 k
12 k

7k
7k
33 k
43 k
16k
46 k

25 k
9k

14k

15

21k

Sale

6

31k
41k
49 k
13 k

6k

7

3

3k
8k
5k
lk

5k

lk
13 k

14

17k

W/s
75

74*

Ilk

6k
41

7k
19k

6k
17 k

47 k
14 k

35k
Ilk
72 k
34 k

90 k
40 k

2

Sale
68 k
6k

Westinghouse Elec & Mfg—50

118k




21

5

Warner Bros Pictures.—-—-5

t Listed May 3, 1939-

9k
lk
21k

5k
7k
10k
lk

24

13

Texas Corp
Tide Water Assoc Oil Co

No par value

21

44 k

4k

*

Swift & Co

Steel Corp

6

-15

Standard Oil Co (N J)
Studebaker Corp

S

5k

5k
8k

71"

23 k

*

Socony-Vacuum Oil Co
Southern Ry

42

5k

2

25 k
25 k

27 k

*

Sears Roebuck & Co

U

3k

2k
21k
21k
4k

71k

._*
*

Seaboard Oil of Del

United Corp (Del)
U S Rubber Co

lk
20 k
20 k

7k

Standard Brands lnc

15

30c

Jan.

30

5c

6kc July
1.10
Apr.

18
17

10c

10

lc

lkc July
2c July

12

12

Jan.

9c
2c July

10

July

lc

1.25 July

12
12 k July
Ilk
12k
Ilk
46 k
45 k
43
38k
38k
July
157k 158 k 166 k 167 k 162 k July
22
22 k
26 k
24 k July
26k
4
4k
3k
4k
(0
20 k
19k
19k
20k
it)
4
3 k
4k
4k
4k
July

91

Inc

Radio Corp of America

7 k June 24
14c

10c

5c

*

-

Sale

15c

—

Packard Motor Car Co

lc

20 k

27 k

General Foods

2k
lkc

Sale

*
Southern--*

&

Oil Co

740 Radio-Keith-Orpheum
26,047 Republic Steel Corp

1.889
5,522
5,730
4,308
6,687
3,330
12,696
2,050
4,614
3,076
4,601
4,189
2,900
17,739
21,609
12,002
1,823

6c

33 k

9,939 Bendix Aviation...
3,410 Borg-Warner Corp
805 Canadian Pacific Ry
80 Case tJ I)
3,702 Caterpillar Tractor

Curtiss-Wright

Sale

lc July
8c July

25
3
1

6,787 Aviation Corp (Del)
50 Aviation & Transportation

Continental

lc July

50
5

Copper Mining
(111)

Armour & Co

Commonwealth

7 k July
20c July

4c

10k

Feb. 24
June 28

2c

10

3
6
9

10c

Jan.

17

4c

Jan.

20

j
100

812 Atlantic Refining Co

9,265
3,139
6,001
1,968
12,532
3,433
1,695
4,510
10,098
4,299
6,298
3.888
4,162
6,005
2,427
9,951
19,716
24,742
7,276
1,841
4,853
3,389
9,234

7 k July
14c July

3c

10c

*

Smelting & Refg Co

Anaconda

20c

lkc

lc

Tom Reed Gold Mines Co

American Tel & Tel Co

7k

20c

lc

5kc
lk

Imperial Development Co.-25c

Am

7k

19c

9k

.-1

UNLISTED STOCKS—
716
805

7k

23 kc 25c
5e
Sale

38k
44 k
4

95

13 k

6k
41k
6k
17k
36 k
Ilk
73 k
35

2k
39 k
45

4k
96

t Listed May 15. 1939.

8k
37k
47

J**

25 k July

26 k

(t)
it)
(t)
t
42
July
(t)
5 k July
(0
lk July
21k July
5 k July
24 k July
9k July

4k
76
44 k
6k
Sale

Ilk
lk
22

5k
25k
Sale
Sale

38 k
47 k

4§x
.p

82

83

37k

38k
3k

45

it)

26

17k
18k
50 k
49k
6k
6k
35k
36k
46 k
47
52 k
53 k
15k Sale
16k
16k
24 k
23 k
6k
6k
3k
3k
10
9k
6k
6
lk
2k
18k
17k
18 k
19k
78 k
78 k
Ilk
Ilk
17k
16k
6k
41k
8k
17 k
37 k
36 k
Ilk
10k

3

13 k July
44
July
162k July
27k July
(0
(0
4k July
(t)
25 k July
(t)
it)
(t)
42
July
(t)
7k July
(0
lk July
21k July
5k July
25 k July
9k July
9k July
38k July

Sale

45 k
44 k
5 k Sale
107k 108k

8

July

36k July
(0
18 k July
(0
7 k July

it)

54 k July
13 k July
15

July
22 k July

14

12

(i)

o

3
July
10k July
5 k July

25

(0
Ilk July
17 k July
6 k July

July

6 k July

39

Ilk July
76
July
38

July

2 k July

42 k July

51k July
4 k July
(0

f Removed Sept

8

18

30

,rA
27
27

Apr. 11
May 29
Apr.
8

5

28

6

28

Mar. 31
Jan.

26

June

16

Apr.

24

31
27

19

33 k June 27
40 k Mar. 18

26

16k May
45 k Apr.
30

6
6
Apr.
8
May 17
Mar. 18

__

21
27
27
17
25
17

July

ots

it)
July
{t)

21k July

Ilk July
83 k July 21
38
July 18
3k July 24
48 k July 21
54
July ::
5k July 24
(t)

t Odd

7

42

July 25
(t)
79k July
Ilk July
17k July 18
July 18
43
July 22
9
July 28
(t)

75 k July

(0
July

18k July
CD
7k July
37k July
it)
55
July
15k July
16k July
24 k July
it)
3k July
10k July
July

July

(t)

19

k July

43

4

19k Mar. 31
22 k May
1

Ci)

32 k July
■

4
10 18k Jan.
July 14
22 44
9
Apr. 12 165k Mar.
21 k June 29
36k Jan.
5
5 k J an.
3 k Apr. 11
i0

Ilk Apr.

42 k July

152

\VA Apr.

3

13 k June 28

12k Apr.
19 k Apr.

11
10

6k June 28
3
July
5
9

June 20

5 k Apr. 10
4
lk Apr.
13k June 29

11%

Mar. 31

8k Jan.
29 k

Feb.

3
24

24 k May 25
ft)
52 k

(Mar.

(t)
8k Feb.
12k Feb.
2 k Feb.
26k Feb.
7k Jan.
26 k May
12k Jan.
12k Jan.
42 k Mar.

8
6
14
6
14
3
_

31
19
19

4

45
23

June 20
Mar.
6

55k
9 k
39k
45k
51 k
22k

Jan.
Feb.
Jan.
Mar.
June
Jan.

19k Jan.

6
27
14
18
19
4

4

26 k Mar. 10
10

Jan.

6

4k Jan.
6
13k Jan.
3
8k Mar. 8
2k Mar. 17
25

Jan.

4

20 k Mar. 16

23

76

Ilk Apr.
15 k May
6
Apr.
44 k Apr.
5k Apr.
17 k Apr.
39 k June
Apr.
Apr.
Apr.
2k Apr.
35
May

19
9
27
14
11
12

13k
21k
7 k
50 k

44

June

29

46k
14 k
84 k
41k
3k Feb
51k Jan.
69
Jan.

4

Apr.

11

6k Jan.

5

Jan.

17

Jan.

P

6

10
25
3
8
17

9

17k

103 k Mar. 22 110

July
Jan.
Mar.
Mar.
Jan.
July
Apr.
Jan.
Mar.
Feb
Feb.

10
3
3
11
17
28

12
17
10
28
24
6
3
3

Cleveland Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON
Stock Sales

July
July 31

1938

32,757
212,844

Shares.

Jan. 1 to

THE CLEVELAND STOCK EXCHANGE

1939

39,506
197,239

Bond Sales

1939

1938

July
Jan. 1 to

July 31

AGGREGATE

CLEVELAND

SALES

PRICES IN JULY

STOCK EXCHANGE
In

136
435
200

244
MM

m,m

m,

1

1,335
33

947
20

530
445
489
29

671

STOCKS

1939

Shares
Par
882 Air-Way El Apnli 1st 7% pf 100

1,116 Akron Brass Mfg common.
1,010 Amer Coach & Body
469 Amer Home Products

343

105
193

8

6
8%

*
100

7,439 IBrewing Corp of America

3

common......

Sale

100

6
6

49

6H
......

...1
1,733 Clark Controller new
2,038 Cleveland Builders Realty...*

16
2

5,264 Cleveland Cliffs Iron pref....*
335 Clev El 111 $4.50 cum pref....*
8.187 Cleveland Rys
.........100
24,726 Cliffs Corp v t c_.
.*
6,260 Cliffs Corp
5
1,174 Colonial Finance Co common. 1
625 Commercial Bookbinding..
*
2,143 Dow Chemical 5% pref
100
4
2,857 Eaton Mfg. Co. common

57
107 %
19

5%
50
Sale
85
20

3
61

10

14

12

17

63

15^

70
16

3
23

5H
26

"430

*
330 Fostoria Pressed Steel
3,408 General Tire & Rubber com..5
230 General Tire preferred..
100
4,798 Goodrich CB. F.) Co.common *

965

6,4.93 Goodyear Tire & Rub com...*

mmmm

-

m

55
12

70

""374
23

""'462
164

130

1.595
29

'345
662

264
mmmm

275
mm

mm

m

m

m

445
326
10
82
mm

mm

mm,

m

1,434
405
m

mm

100
m

10
m

m

255
75
656
110

5.242
434
mm*

m

128
♦

455
200

700

272
205
135
722
95
40

633 Greif Bros Cooperage
*
.......5
200 Halle Brothers....
Preferred
.........50
1,381

308 Hanna (M A) $5 pref
185 Harbauer
2,217 Interlake

...—

SS

*

...—.*
....*

.....

.....

"~5%
41 %

634

14

7H

53

54

12

11

8
July
734 July
634 July
(*)

10
22
7

1334 July
734 July
634 July
it)

21
22

7%
45

12%
93
17

234

46
13

91
16
2

62

50

114

111

17H

18

17

12H
1034

11

7%

13%

8

10

734

634 July

^Tuly

22

July
1334 July
July
July
July
July
11234 Julv
1754 July

Sale

1634 July 24
July 13
July 20
115
July
7
(t)
50
July 28

45

95

??*
5!*

118

20

21

51

10

9%

13

1034
1134

11%
234

19

11%
2%

21

22

23

15

100
17

39

25

25%

18

19

3034

27 %
13

33

~36~"

July

it)
3034 July

5

21

19

July

3034

20

38^

51

1134
3834

95

60
25

3,494
1,430
905

2 %

19

5

(July

19

4

234 Jan.
61

3 114
17
2334
14
22%
30
1634
12
28
13

934 May 13

Mar.

9

13
8

May 18
Jan. 31
Jan.
4
July 24
Jan.

14

Jan.

11

11434 July 28 11834 Jan. 19
2034 May 23 2034 May 23
49
70
Jan. 14
July 12
Apr.

16

19

15

21

July
Jan.

Jan.

234 June

5

7

9

2634 Mar. 14

14 *100

Jan.

20

it)

July 26
July 31

1%
%
3034
25%

234

3534 July 20
18
July 17
13
July
3
3

234 July
10

Sale

July
July
July

10

3734 July
14
July
134 July

July
July

27

17

3954 July 29
16
July 31
154 July 25

65

19

34

Apr.

24

9434 Apr. 25

15

July 12
Apr. 24
Apr. 27

40

29

31

(t)

(0

634
Sale

19

it*
12

,

July

20

July
834 July
4634 July
it)

834 July
4634 July
it)

6
10
14

20

33

June

3%
33

334 July
2954 July

13
3

37

Jan.
Feb.

154 Julv
54 July

19
20

2234 Mar.
1434 Jan.
454 Jan.

31

Feb.

17

18
834
10

it*
it*

10

(0
July

17

14

14*

14

July

18

1034 July
3334 July
7
July

13
3
7

834

*

3334

9

July 21
34 July 20

1034
Sale
834

Sale

3734
834

(0

14

Apr.

Jan.

16

June

15

29

234 Jan. 13
Feb. 21

21

it)
334 Mar. 21
15
Apr.
8
834 July 10
46 34 July 14

60
5
*

17
18
13
28

51

July

7

Seiberling Rubber pref
*
Stouffer Corp—
Class A $2.25 cum prer
.«*
Thompson Products Inc com.*
Troxel Mfg
.1
Union Metals Mfg Co....
*
Upson-Walton
.1

33
29
Sale

13 %

35

20

22

234
11

35

26

334

434

1334

4%

*

1#

Sale

___*

7

534

1%
13 %

2
14 H

1054

60

69

62

11

14

9

52%

55

42

1334
6634
934
43

July 15
(*)
July
5
12
July 14
3
July 18
2 54 July
3
434 July 19
34 July 26
<0
62
July 18
(0
3

(t)

7

35

July
it)

15

334 July

19

12

July

14

July
2 54 July
4 34 July
133 July
it)
62
July

18
3
19

3

18

5
18

5

Jan.

9

Mar.

7

Jan.

17

Jan.

Jan.

Feb.
Feb.

23
134 Jan.
34 Apr. 24

254 Mar. 14

11

3034 Mar. 31

Jan.

Apr. 17
Apr. 25

7
12

Apr.
Apr.
Apr.

11
4

5

954 June 16
Feb. 17
634 Jan. 11

30

1

26
16

June

1234 Jan.
July
1434 Jan.
11 % Mar.
37 % July

Jan.

3

8
91

34
18

Jan.

20

17

Jan.
6
June 20

10

50

6

VJ une

2234 Mar. 16
934 Jan. 18

4
3 34 May 19
2954 July
3

8

July
14
July
1034 July
3754 July

7

17 34 Mar. 13

154 July

13

it)
10

2
5
7

14

17

it)

19
15

3954 July

30

15

73!

2

11
24

Mar. 16

Jan.

Apr.
Apr.
254 July
9
Apr.
1434 Jan.

65

1%
1

10

Mar. 27

19

12

Feb.

27

Mar. 16
Jan.

15

1534 Mar.

4
July 17
4054 July 28

Feb.
Jan.

4234 Jan.

1134 May 16
37
May 29
97
May 25

60

1234
UH

it)
3034 July

454 Jan.

12

1

18
28
28

74

24"
11%
13%

1,179 White Motor

334

10
3

*

2.615 Youngstown Sheet & Tube...*

34

45

29%

*

com

Apr.

Apr.
12
Apr.
13 34 June
10
July

3

13

934

*
5

com

40
101

3834 July
July

101

1734 July

434

July
July
July

4

13

19

15
5

9Q

*

40
Sale

17

154

M*

17

1534

1834

60
29

6

14

37

36

16

2%

20

8

3554 July

16
1234
3934 Sale

75
31

-_*

.....

Rlchman Bros..
Seiberling Rubber Co

( Odd lots.

17

3

42

40

10

45%
Sale

17

42

July
July

1434
1334
334

5

*

.2
1,062 Warren Ref & Chem com
2,479 Weinberger Drug
715 W R I Corp pref......
.100




12h

*

*

common

1,665
5,163 Van Dorn Iron Wks Co
980 Vlchek Tool

value?

4%

15

35

17*

*
...

2,399 Patt erson-Sargen t
983 Reliance Elec & Eng com
32,511
3,826
6,673
363

234

..........100

209 Nineteen Hundred Corp A
628 Ohio Brass B
45 Ohio Confections A

3,048 Otis Steel Co
1,684 Packer Corp

101

3i* ._?*
16*

17

49

1434

50

824 Metropolitan Paving Brick
*
Preferred
....100
28
__*
610 Midland Steel

6,216 National Tile
1,600 Nestle LeMur "A"

Mar. 29

234 Feb.

29%

21

11

Preferred

June

June 26

154 June 28
43
May 18

14

21

23

20

16

4

ian.

97

112

10

13 54

7734 Apr. 25
734 Jan. 31
45
July
6
14 % May 24

15

*95

20

33
15

468 Miller Wholesale Drug
*
1,289 Monarch Machine Tool Co...*
840 Murray Ohio Mfg
*
90 Myers (F E) & Bros Co com.. *
1
1,324 National Acme Co com
.....25
1,774 National Refining
New common..
*
7,787
$6 prior preferred......—*
1,781

6

Mar. 10

634 Mar. 31
41
Apr.
3
9
Apr. 10
90
May 17

6

11

10

^-Pr.

1334 July 21
734 Feb. 27
8% Feb.
8

15

6
12
21
29
27
22
12

19

19

10

6

4
4

June

77

7

45
July
1334 July
9234 July
15
18
July
2
3
July
Sale
47
July
114
11234 July
17
1834
July

"13 H

July
July
July
114
118
11434 July
(0
26^
25%
52
49
50
July

15%

634 Apr.
654 Apr.

1134

90

11%

a*

Highest
Sale Prices

12%

7734
7%

87

13

Lowest
Sale Prices

94

39%

115 McKay Machine
.._....*
...._*
1,653 McKee (Arthur G) B
2,693 Medusa Portland Cement....*

500
No par

"23" "26"

1,900 Jaeger Machine
._........*
*
4,280 Kelly Island L & T
.......*
5,422 Lamson Sessions..
*
761 Leland Electric

270

•

7
6

50

Highest
Sale Prices

62

164

—

549

mm

$5 conv cum preferred
*
162 Great Lakes Towing
....100
Preferred
.....100
176

1234

8

115

115%

375 Elec Controller & Mfg
*
250 Faultless Rubber Co com....*

""890

10

Lowest

Ask

21% Sale

25 %

50

1

Sale Prices

July 31

Ask Bid

90

10 %

111
21

24

565

6%

9

80

10
73

—

Preferred

Bid

10

"12"" '13%
-•

*
100

8,240 City Ice & Fuel
197

July 1
Ask

1

com

989 Apex Electric & Mfg
Preferred
140
137 Oanfield Oil

Bid

*
.5

...

"5,391

SINCE JAN.

Jan. 3

Jan. 1

July
Shares

RANGE

Price

Since

23
17
23
17

28

Mar. 25

35

Apr. 19
May
3
1034 Feb. 18
3
July 18
234 July
3
454 Mar. 30
34 July 26
2 34

10
60

June 29
Apr.
4

954 May 13
(/)

Apr. 22

Feb.
8
2754 Feb. 24

434 Jan.

3
1
10
434 Jan.
5
554 Feb. 25

13 34 Mar.

4'54 Jan.

154
1434
6734
954

Jan.
9
17
Jan.
7
May 13
it)
Jan.

In the earlier
part of this
the

publication complete records of the dealings

country, for the latest month and for the calendar

General Quotations

on

1ndex

to

to

date,

the leading stock exchanges of

on

furnished.

In this department of
comprehensive whole, securities of all classes and descriptions, not
the exchanges, but also leading unlisted and inactive
securities.
The following is an

we

only those dealt in

year

combine in

are

one

the different classes of securities
quoted:
Page

Exchange Seata_........................

Page
Joint Stock Land Bank

Mining Stocks..........................

85

Real Estate Bonds

93

Municipal Bonds—Domestic

92

Real Estate Trust and Land Stocks

94

Textile

..........

73
78

Title Guarantee and Safe Deposit Stocks.
United States Government Securities.....

85

........

...................

67

United States Territorial Bonds

92

Industrial Bonds........................ 81
Industrial Stocks
85
Insurance Stocks

Page
Stocks......................... 71

84
92

Federal Land Bank Bonds...............
Foreign Government Bonds..........

...

Canadian..

.....

Public

72

Utility Bonds

Public

....................100

Investing Companies Securities..........

Securities........ 84

Utility Stocks

Railroad Bonds

......

Railroad

101

..........

85

...

Stocks........................... 85

...

92

...

Quotations for all securities are as near as possible for the
closing dag 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

Quotations for guaranteed stocks

based

on

average

maturities.

"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.
are

It should be borne in mind in the

The following abbreviations

are

use

often used, via.: "M" for mortgage, "g" for

gold, "gu" for guaranteed, "end" for endorsed, "oons" for consoli¬

dated, "conv" for convertible, "s f" for sinking fund, "1 g" tor land
grant, "opt" for optional.

The black-faced type in the letters showing the interest
period indicates the month when the bonds mature.

NOTICE—All bond

Bonds

prices

Bid

are

"and interest" except where marked "f" and Income and defaulted bonds.

Ask

RAILROAD BONDS
Aberdeen AAsheboro 1st 5s'40JAJ f
25
Adirondack 1st 4 Ms 1942 gu MAS
72
Akron A Barb Belt g 4s 1942. JAD
101M
Akron Canton A Youngs town—
Gen A ref 6s 1945 series A.AAO /
31
Gen A ref 6Ms 1945 ser B.AAO
f 31

29

80

Bonds

Auf ns

cons g 5s 1943 ser A
JAD
1st cons 4s 1943 ser B.....JAD

-

Albany A Susq 3M»
Alleghany Corp—

g

O Jrtificates of deposit
5«yearsec notes 4 Ms 1939.FAA
O Jrtificates of deposit-_
..!

47

9M

Sec 48 extended 1944
FAA
Ref A gen 5s series A 1995.JAD
Certificates of deposit..

2

Ref A gen 6s

23 H

77

FAA

conv

6s 1944

Coil A

conv

6s 1949....—JAD

Ooll A

conv

5s 1950......AAO fk 34M July 21

5s stamped 1950
..AAO
Allegheny Val gen 4s 1942..MAS
Allegheny A Western—
1st mtge guar 4s 1998....AAO

77

78
69

67 M

fM

ioiH

50

55

American Refrlg Transit—

Equip 5 M s series R 1939.. MAN
Equip 5s ser F, G A H, *41-*45
Ann Arbor 1st g 4s 1995
Q-J
Ark A Mem Ry Bridge A Term—
1st M 5s 1964
.MAS

b

b

Aroostook Nor 5s g 1947——A&
Atchison Topeka A Santa Fe—
Gen mtge gold 4s 1995
AAO

Adjustment 4s July 1 1995 Nov
MAN

Stamped

Conv g 4s of '09 due 1955. JAD

Conv g 4s '05 due 1955.. J AD
Conv g 4s of '10 due I960. JAD
Conv deb 4Mb 1948
JAP
Trans S L 1st g 4s 1958—J A
Oai-Ariz lstAref4 Ms'62 opMAS

Rocky Mt Div 4s 1965...

AJ

Athens Term Ry 1st g 5a '37--JAJ
See Seab'd Air Line

1.50

1.00%
2.50%

3.50

39 k

37
94

98

98
'

HIM
94

93

93 K
100

99

100 M
90

101

102M

103 M

95

Atlanta A Charlotte Air Line—
1st M 4M~ 1944 ser A
JAJ
lut M 5s 1944 ser B

J

"

93 H
96 M

94

1st cons

J<!
4s Mar 1 2002...M—

97

Atlanta Terminal 6s 1939

113M
96 M

FAA

ioi"

100

Atlantic City 1st 4s 1951.
JAJ
1st 5s ext May 1 1954....MAN
Atlantic Coast Line RR—

70

80

10-yr coll tr 5s May 1 '45.MAN
Lou A Nashv 4s Oct 1 '52-MAN
b
Equipment trust 4
Eq4M» 1940-41 K (yr)...FAA b
Eqtr 2 J4s 1940-52
' * ~ b
Atlantic Coast Line (Conn)
...

Lrred ctfs of tndebt 5s

JAD

2.50
82

34
52

100 M

98
63 M

34M
55

86"

73"
104

k Last sale.

21
63 M
82

-

-

..

»

—

-

.

67 M
84
60

50

M

100

75

5

6s ext to Jan 15 1947
JAJ
Boston Term Co 3Ms 1947.-FAA
4s1950
JAJ

Buffalo Creek 1st 5s 1941
JAJ
1st ref 6s 1961
JAJ
Buffalo Rochester A
Pittsburgh—
Con g 4 Ms 1957
MAN

A&O

38

M&N

38

J&J

33

F&A

26

7M

10
5
67

18*

76

65
36

35M

38

1st 4s Dec 30 1963
JAJ
Burl Cedar Rapids A NorthCon 1st A coll tr 5s g '34..AAO

58

63

Certificates of deposit
Cambria A Cl'field 5s g *41._ JAJ
Gen M g 4s 1955
Cambria A Indiana RR—

4 %
4M

6

5M

104

FAA

100 M

102"

Equip trust 2 Ms 1939-47..AAO
Canada Atl Ry 1st 4s 1955..JAJ
Canada South 5s 1962 ser A.AAO

2.25

1.50%

97 M

98

92 M

93 M

guar

guar

1957.
1951
1956
4Mb guar 1955
40-yr 5s guar 1970
5s guar July 1 1969—
5e guar Oct 1 1969
5s guar 1954
16-year guar 3s 1950
13-year guar 3s 1950
Guaranteed 3s 1944
7-year jruar 2s 1943
4-year guar 2s 1942
17-year guar 3s 1953

JAJ
MAS

guar

116M
115M
116M

117
116
117

AD 15
FAA

118*1

119

120

120 M

JAJ

116M

FAA

116M
120M
119M

JAD

100

101

JAD
MAN
FAA

99

100

JAJ

101

...FAA

AAO

FAA

Equipment trusts—
4Ms series J 1940-42
MAN
5s series K 1940-1944..MAN
4 Ms series L 1940-1945.JAD
2Ms series O 1939-1947.FAA
2 Ms July 1 1940-1949

121
120 M

105"

104

101

99 M

100M

1.75

1.10%
1.60%
1.60%

2.25
2.25
2.75

2.75

2.50%
2.50%
124M

Canadian Nor deb 6Ms '46--JAJ
Canadian N W 4 Ms Oct 22 1943—
Canadian Pacific—

101

Oons deben 4s perpetual-_JAJ
20-yr coll tr 4 Ms 1946
MAS
Ooll tr 5s 1954
J&D

95

96

94 X

96
91

5 f

38

3.00%
3.25%
3.25%

Certificates of deposit
Buff A Susquehanna RR Corp—

Ooll tr 4 Ms 1960
Conv coll tr 6s 1942

38
38

3.75
4.25
4.25
7
70

34

28
38
38
38

MAN

1st mtge gu
g 4s 1955-.--FAA
Bost A Prov deb 5s July 1 1938

32

38

Nominal.

2.00%

73
50

MAS

n

1.25%

56

MAN

Mtge 4s 1942

45

43

1.90

AAO

5s 1940-1944
Boston ANY Air Line—

4 Ms

100

b

4 Ms 1940-1943

4M»
4Mb

100

JAJ

Mtge 4 Vis 1944

/ This price includes accrued Interest.




87

35
38

22

Canadian National Rys—

85

M&N
M&S

5s series|W{jl942
5s series Z 1943.......

106

85 %

J&D

5s series fT 1941
5s series;U 1941
5s series V 1942..

3.00%
3.00%
3.00%

100

5s June 1942
JAD
4 Vis impt 1978
FAA
1st mtge 4 Vis ser A 1943.. AAO
3 Vis Jan 1 1951
JAJ

5s series DD 1945..
5s series FF 1947
5s series R 1940...

51 Ji

100

1st mtge 5s ser II1955
MAN
1st mtge 4 Vis ser J J 1961— AAO
5s series AA 1944
A&O

1.50%
1.50%
2.00%

45%

84

Boonvtlle St L A Sou 5s '51.FAA
/
Boston A Albany 6s Oct
'63..JAJ

64 M

,

2.00

ll

6 Basis.

4.00

105 Ji

Ref 3 Vis 1952 gu N Y
C_.AAO

Atlantic Coast Line of S O—

Atlantic A Yadkin gu 4s '40.AAO

4.00

Boston A Maine RR—
1st mtge 5s ser AO 1967...MAS

2.00

56 Ji
45

Big Sandy Ry 1st g 4s 1944—JAD
108
Birmingham Southern—
Equip trust 3 Vis Dec. 1 1939-46 b
2.75
Birm Term 1st g 4s 1957
85
gu.MAS
Bluff Point|Land A
96 M
Imp,lst 4s '40

63M

76 M
61

23 %

48 %
4.00

cons 3 Vis 1943.JAJ
Bessemer A Lake Erie—

85 M

22

52

.

84 M

ltA

43 H
40 Ji

.

100
62 X

23 Ji

P

Bangor A Aroostook—
1st M 6s g Jan 1 1943.....JAJ
Cons refund g 4s 1951
JAJ
4s stamped 1951
Piscat Div g 5s Jan 1943—AAO
St Johns Rlv Ext gu 5s '39.FAA
Van Bur Ext 5s g Jan '43.AAO
Washburn Ext 1st 5s *39..FA A
Battle Or A Sturgis gu 3s *89. J AD
Bay City A Battle Crk 3s '89 JAD

Eguip tr 2 Vis 1940-1947—MAS

23

60

Certificates of deposit
Tol Cinn Div ref 4s A '59-_JAJ
Eq tr 4Ms ser D 1940-41..J&J
Eq tr 4Ms ser E1940-42. A&O
Eq tr 4Ms ser F 1939-44.-MAN

JAD

Boston Rev Beach A Lynn—
1st m 4Mb Juy 15 1947—JAJ16

53
48

13 Ji

Belvldere Dei

37

Atlanta Knoxville A Northernlst mtge gold 5s 1946

1960—FAA

Certificates of deposit
P L EAWVa Sys ref 4s'41 MAN
Certificates of deposit
S'west Div 1st
mtge 5s '50.JAJ

102

30

Atl A Blrm.

64 Ji
54 Ji

23 Ji
23 Ji

21 M

liiM

63 Ji
64 Ji

22 H

Certificates of deposit

Convertible 4M»,

Ask

Equipment trusts—

22

Bedford Belt 1st 5s 1938
JAJ
Beech Crk Ext 3Mj 1951
AAO
Belt Ry of Ohatt 1st 5s *45..JAJ

111*1
111M
100 M

22 M
22

Certificates of deposit
Ref A gen 5s ser F 1996--MAS

....

110M
92 M

22 X
22 Ji

ser O 1995..JAD
Certificates of deposit
Ref A gen 5s ser D 2000—MAS

84

Coll tr

53

51M

-

84

78 %

1946—AAO

63 M
63
63

1st ratge-g 5s, July 1948.-AAO

110M

8M
1

59 H

Bid

Boston A Maine RR (Cont)—
Mge 3s 1950—.
JAJ

3 Ms 1939-1944

1st mtge g 4s, July 1948--AAO

106 M

riet> A—MAN

52

Bonds

75

33

Alabama Tennessee A Northern—

1st M g 5s 1974

JAJ

Union Sta 4s 1953-.JAJ
A Ohio-—

Ask

>re

33

109 M

Prior lien 6s 1948
JAJ /
Gen income 6e Oct 1948...JAJ
/
Alabama A Vlcksburg Ry—

oa

Balllm

Alabama Great Southern—

1st

Bid

Austin A Northwestern—
1)2 mtge gtd g 5s 1941

4Ms Dec 15 1944.-.J&D 15
J&J
M&S

15-yr conv colltr 4s 1949—J&J
Conv coll tr 3Ms 1951—-F&A
Conv coll trust 3s 1945
A&O
Coll trust 2Ms 1941
—_A&0
Eq tr 6s 1944

J&J

Eq tr 4Mb 1939-1945s-a...J&D
Oaro Cent 1st g gu 4s 1949.. J&J
Oaro Clinch A Ohio 6s '52. JAD 15

Carthage A Adirondack—
1st mtge guar g 4s 1981

JAD

124M

u*
90 X
86

102 M
87 M
83 M
85 M

74

.

86 M

102 J

883
853
863
96

W

^

114*1

2.25

1.65%

113
35

106 H
43

60

108M
48

68

BONDS

RAILROAD

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

Ask

102%

103%

Bon^s

A&O

1948

Gatawissa RR g 4s

Central Arkansas & Eastern—
„

1st 5s 1940

-—

—

Sec 4M8 1952 ser A
M&S
Bee 4M ser A certlf of dep. - - —

7

7

6M
3M
3M

30-yr

3M
3%

Equipment trusts—
3.50

,

4Mb series Q 1939-40--M&N#
4s series T 1940-1952—-J&J
Chatt 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—

3.50
4.50

2.50%
2.50%
3.50%

5
5

7

3M

4Mb 1960
M&N
Trustee ctfs 3 Mb 1947
Chicago St Louis & N O—
Con g 5s June 15 '51
J&D 15
Con g 3 Ms June 15 '51-J&D 15
Mem Div 1st 4s 1951
J&D
Chic St Paul Minn & Omaha

7

Sink fund 3s

7

"6""
34%

-J&J

m

Eq tr 4Mb 1939-41 (yr)—F&A
Central Pacific—
1st ref 4s g guar 1949——F&A

4.00

69M

70 M

11954—A&O
F&A

51%

75

—

1st ref 6s

v

3.50

1939-'44 (yr) — b
Charleston & Western Carolina—
1st 5s 1946
-----A&O
Chatt Rome & Sou 1st 5s 47 J&J /
Chattanooga Sta 4s 1957 gu—J&J

notes,

94

1946
Equipment trusts—
4M8series W 1939-1940
4MB 1940-1945

J&J
,

99%
99%
105 M

2s 1940-1947

125 M
100

Gulf—_

Cin Northern RR 1st 4s

102%

102%
102%

103
«.

mm

m

mm mm

mm

A&O

1951-J&J

_

Ref & imp 4Ms ser E 1977-J&J
O W & M Div 1st 4s g '91. - J&J

&

\ 25
1.75

b

1>90

6

1<90

Craig Valley 1st 5s g 1940-J&J
Paint Creek Br 4s 1945—F&A
Potts Creek 4s 1946------J&J
R & A Dlv 1st con g 4s 89.J&J

mm

0.75%
1.00%
1.35%
1.35%
109 M

44

12M

Florida Central & Peninsula—

94%
94 M

15

J&D

110
75

90

51%
56 %
68%

Cleveland & Pittsburgh—
Ser A 4Mb gen gtd 1942—J&J

107 M

95

101

117%
109M
4%

Ser D 3Ms gen gtd 1950—F&A
Gen & ref 4Ms 1977 ser A.F&A
Gen & ref 4Ms 1981 ser B..J&J

81
49

51

Gen M 4s

99%

1st 4s gold guar 1995
M&N
Cleveland Union Terminals—.

1st & ref 4Ms ser

91

96 M

1st s f 5Ms 1972 series A..A&O
1st M s f 5s 1973 series B—A&O

91

1 st & ref g 5s

Si*
84

H6M
4s 1989——.- -J&J
109
Val 1st 5s g 41-M&S
Cnesterf & Lancaster 5s 55.F&A
Chicago & Alton RR—
Refunding g 3s 1949——A&O f
9
Chicago Burlington & Qulncy—
2d

109"

con g

Warm Spr

1958--- —-M&S
98M
B 1977—F&A
90^
1971 ser A--F&A
96 ^
Illinois Dlv 3 Ms'49 op 29-J&J
100M
4s July 1 1949
-J&J
103 M
Eq tr 2 Ms 1939-47
A&O b 1 <90
Chicago & Eastern 111mew co)—
Gen M 5s May 1951
16 %
M&N
Certificates of deposit
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

110%

112
86

19 M
4.25

20M
3.25%

b

106

64 M

66 M

12 M

15M
12M
10 %
3 %

9M
m
3
3

4.50

3.50%

Monon Coal—
Non-cum inc 5s 1955(w-s)— f

Louis—
Short Line 1st 4s 1953—._A&0
Chic June RR 1st 4s 1945—M&S
Chic June Ry & Un Stk Yds—
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
Chic Memp & Gulf OS 1940--J&J
Chic Milw & Gary 1st 5s *48 -A&O

15

17

Chic Indianapolis & St

65

69 M

104

102%
101%

103 %

_

..

lsts f 4M8

1977 series O—A&O

RR—
Equip tr 2Mb ser A 40- 52 M&S
Coal Riv Ry 1st 4s gu 1945.J&D
Coeur d'Alene& Pend Oreille Ry
Clinchfield

111M

113

40

42
6

4M

113

35

1st gold 4s 1943
Conn River gold 4s

A&O
M&S

1943

Connecting Ry <Phila)—

/
/

98%

111

116

8M
8M
8M
8%

15"

29 M

33

30M
34%

35%

38

29

34%

33

34

10

13

15"

7M
2%

1943
M&N
Delaware Lackawanna & Western
Equip trust 4s Apr 1 1940-'49—
1st

con g

1st

con g

/
/
/
/
/
&
&

24 M
21

—J&J
J&J

&

5.00

b

5.00

n

5.00

26M

3.00%
4.00%
4.00%
4.00%

ser

98

100M

60

60%

M

13
13 M

11M
8M
14 %
7%

ZH

P
P
18*
9

8M

7 M

8%

3M

4

3.75
3.75
•3.75
3.75

Det & Mack 1st lien 4s 1995.J&D

2nd Mort.gold4s 1995.-.J&D
Detroit Term & Tunnel—
1st guar 4Ms 1961
..M&N
Detroit Toledo & Ironton—
1st 5s Mar 1 1964-.

9%
10M

3M

3.00%
10M

J&J

h
4.25

3.50%

70

100%
93%

•

96

100 M

102

110M

HIM

!9$

2.75%

AW

60

99%

WW
100
92

86

86 M
86%
100%

86

100
91

W4

b

79
1.90

b

1.25

b

1.25

1-20%
0.75%
0.75%

1.00

0.75%

J&D b

103
53 M
6

60

4,d

/

Debenture ctfs B Feb

91

86
78

J&J
W Va Midland Ext 5s '54-J&J
Greenbr Ry 1st g gu 4s '40-M&N
Green Bay & Western—

4%

48

7%

5b 1937

J&J /

Dutchess Co RR 4Mb 1940—J&D

1958
M&S
East Tenn & Western N C—
1st extended 5s 1965
M&N

Nominal.

1st 5Ms 1950 ser B
1 st 581950 series O

50"
25

102 M

60

A&O
J&J
Equip tr 2%s 1939-1946—J&D 5
Gulf & Ship Island RR—
lit ref & term g 5s Feb '52. J&J
Stmpd (July 1 1933 cpn on),

Gulf Terminal of Mobile—
1st mtge g 4s 1957 gu—J&J
R

&

Portch—See N Y

N

1.70%

70"
107 M
13

78

103 M

Adj inc up to 5% Feb 57-A&0 /
1st M 4Mb 1957 conv,---F&A
Huntington & Broad Top Mt
R R & Coal extend 6s 1940 A&O
Extended 5s

a»

—

70
2.50

2.00%

85

85

107 M
44

120%
98

68
rtford

48

121%
101

15

32M

39"

49 M

50

14%

UH

—

—

49

1940-.—--—A&O /

gold 4s 1951
J&J
1st gold 3Mb 1951—^—--.J&J
1st extended g 3M® 1951--A&O
1st g 3s sterling 1951
M&S
Coll trust gold 4s 1952
A&O
1st

Ref g 4s

78

84

80

65
H & Ha

—F&A

Illinois Central—

12

10
104

Hudson & Manhattan—

103

97

*2.20

A&O

Hocking Valley 4Mb 1999—J&J
Hoiidaysburg Bedford & Cuiub
1st M g 4s 1951 guar
.J&J
Holyoke & West 4%s 1951—A&O
Housatonic con 5s 1937
M&N

21

6

85

J&J2 /

Gulf Mobile & Northern—

5M

31
42

105%

East Penn 1st 4s

J&J

1st M 6s 1958 series A

Harris Ports Mt Joy & Lane RR
Ext 4s 1943
J&J
Hoboken Ferry 5s 1946
M&V

95

1st mortgage
Dulutb South Shore & Atlantic—

n

95

106 M

71M

105

J&J
'49..J&J
Rangi
3 Ms 1962—A&O

A Last sale,

Cen tral

99%
92%

J&J
J&J

Secured notes 3s 1945

3%
3%
7 M
3.50%

1st gold guar 4s 1953
Dext & Piscataquis 4Mb
Dulutb Missabe & Iron

/ This price includes accrued interest.

2.00%

35

an

Greenbrier Cheat & Elk—
1st 5s 1944

1st gold 58 1957 opt

Eq tr 2Mb 1940-1947
M&N b
Detroit & Toledo Shore Line—

1st gold

35

3.00

'41-J&J

Eq tr 4Mb 1940.

Harl

Inc mtge 6s Jan 1 1960. An Apr
1st 4s 1950
----J&J
Des Moines & Fort Dodge—

3.00%
3.00%
3.00%
3.00%

J&J

Guayaquil & Quito 1st 5s '32
3.75

Denver & Salt Lake Ry—

Ctfs of dep for gtd 4sl935. J&J
Des Plaines Val 4Mb 1947—M&S

13
14

1&78

5

41M

89

Debenture ctfs A Feb

102

Assented subject to

Ref & impt 5s

llH

24 M

4.00

F&A
plan
B..A&O
Eq tr 4Mb 1940-'42 (yr)-M&N
Equipment trust 5s
Gen income 5s Aug '55

25
23

24 M
24 M

5M

Western Fruit Express—

Grande—

4s 1936
4M« 1936..

17 M

Guantanamo & Western—

1st & ref gold 4s

7%
2%

11

104 M
101

J&J

J&J
J&J
Gen mtge 4s ser G 1946
J&J
Gen mtge 4s ser H 1946
J&J
Gen mtge 3%s ser 1 1967--J&J
Eq tr 2s 1940-1947
M&S
Eq tr 4Mb 1939
M&S
Eqtr4Ms 1940 D(yr)
J&J

43
15

49

25

Gen 4M« 1976 series D
Gen 4Ms 1977 series E

26

Denver & Rio Grande Western—

„




41"

...

Mar 15 '51 _M&S 15
M&S
Consol Rys <N H) deb 4s '54.J&J
Deb 4s 1955
-J&J
Deb 4s 1955
A&O
Deb 4s 1956 guar
J&J
Cuba Co extend 3s 1955
J&J
Cuban Nor Rys 1st 5M§, '42 J&D
Cuba RR 1st g 5s 1952
J&J
7M® extended to 1946
J&D
6s extended to 1946—.—J&D
Imp & equip 5s 1960—-M&N
D&nbury & Norw ref 4s 1955. J&J
Dayton Union Ry 1st 4s '49.J&J
Del & Bound Br 3 Mb 1955—F&A
1st M gu 4s
1st 5s 1951

47

J&D

Great Northern—
1st & ref g 4 Ms '61 opt
Gen M 5 Ms 1952 ser B
Gen M 5s 1973 ser O

104

101

1st g gu 4s $ July 1 1950
J&J
Eq tr 5s Dec 14 l939-'43 (yr)_. »
Grays Pt Term g 5s 1947
J&D

29

113

Concord & Claremont 5s '44.J&J

3

3M

112

(Lake Superior) 4s 1955
1st 4s Feb 15 '42 Alb gu..M&N
Gen 4s 1962 Can Govt gu—J&J
Grand Trunk Western—

1.50%

17

F&A

Denver & Rio

Stmpd non-pay Fed lnc tax..
Gen M 5s '87 stpd lnc tax_M&N
GenM4%s'87 stpd inc taxM&N
GenM4Ms*87 stpd inctaxM&N
15-year 6Ms Mar 1936-..M&S
1st & ref 5s May 2037
J&D
1st & ref 4Ms May 2037--J&D
1st & ref 4Ms May 2037 O J&D
Conv g 4Mb 1949 ser A...M&N
Equipment trusts—
4Mb series U 1940._*43M&N
4Mb series V 1939-44—F&A
4Mb series W 1939-44-.M&S b
4Mb series X 1940-45—F&A b

b Basis.

77 M

105 M

27 %
102%

17%

A&O

Grand River Valley—See Michig
Grand Trunk Pacific—
1st M 3s 1962
J&J

_

Colum & Toledo 4s 1955

/

(Mountain and Pralrie)4B 1955

2.20

25

4Mb 1982

Grand Rapids & Indiana—
1st 4Mb 1941
1st 3 Ms 1941-

„

5s 1960
J&J
Colo & Southern 4Mb 1980.M&N
Col & Pt Deposit 4s 1940-—F&A
Columb & Hock Val 4s 1948. A&O

con

1st 5s 1942

Delaware & Hudson—

Chic Milw St Paul & Pac RR—

50-yr 5s 1975 series A
F&A
Conv adj 5s Jan 2000
A&O
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989
J&J
Gen g 3Ms B May 1 1989-J&J
Gen 4Mb May '89 series C-J&J
Gen 4Mb May '89 8er E
J&J
Gen M 4Mb May '89 Ser F J&J
Equip trust 3 Mb 1940-'53A&0
Eq 4Mb '40 "43 E & F (yr).J&J
Eq 4 M l '40 '41 G & H (yr) J&J
Eq tr 5« '39-'40 ser B (yr).F&A
Chicago it North Western—
Gen M 3 Ms g 1987
M&N
Gen M gold 4s 1987
M&N

105

Connecticut & Passumpslc Rivers

104 M

Chicago Indiana & Southern Ry—
Con mtge g 4s 1956 guar—J&J
Chicago Indianap & 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 G—J&J /
1st & gen 5s 1966 series A _M&N /
1st & gen 6s May '66 ser B. J&J f

1939-1944-A&0

17%
17 %

84

Equip tr 4Mb "A" 1945--A&O
Chicago & Illinois Midland By 1st mtge s i 4 Ms ser A '56 M&S

Equip tr ser E

104

1.20%

107
106

_

100%

10

/

Eq tr 4Mb 1939s-a
M&N b
Glrard Point Sfge 3Ms *40--A&O!
Goshen & Deckert'n 1st 5 Ms 1978 /
2nd ext 6s 1979
M&N /
Gouvernour & Oswegatchie—

106

83 M
77

1st

Deb 5s 1952

83 M

9%

Cleve Short L 4Ms 1961
A&O
Cleveland Terminal & Valley—

__

106%
104%

70

Ga RR & Bkg ref 6s 1951—A&O,
4s Jan 1 1947
J&J
Ga Sou & Fla 1st g 5s 1945
J&J

96

108%
108%

Ser B 4Mb gen gtd 1942..A&O
Ser B 3M» gen gtd 1942..A&O
Ser O 3 Ms gen gtd 1948—M&N

107

7%
100
.75
14

—

51M

lis

'40—J&J

96

—

83

'40-M&S

White W V Div 1st 4s

56

6%

/
2%
Certificates of deposit.. /
2M
Fort Dodge Des Moines & Sou—
1st 5s 1938
J&D /
7M
Fort St Un Dep Det 4M« '41-J&J
100%
Genesee River 6s 1957
J&J
Ga & Ala 5s Oct 1945
J&J
12
Ga & Ala Term 1st g 5s 1948-J&D /
9
Georgia Carolina & Nor—
Ext at 6% to July 1 1934
/ 13
Georgia & Florida RR—
3
1st M 6s 1946 series A
M&N /
2M
Certificates of deposit
/
Georgia Fla & Ala 1st 6s '52.F&A /
39%
Georgia Midland 1st g 3s '46.A&0

66 M

Spr & Col Div 4s 1st g

42%

Proof of claim filed

102 H

'90 M&N

ioH
3-00%
3.00%

44

Proof of claim filed

100

1.65%

110%

St L Div 1st col tr g 4s

i!*

50%

Gen ref gold 4s 1950
J&J
1st cons ref 4Ms '52 opt.-M&N

99

109 M
42

44%

40

Amended
2.10

95 M

1

Florida West Sh 5s 1934
J&J
Fonda Johnstown & Gloversv—

39

103 M
97

60

Eq 4Ms 1940-'4l H (s-a).M&S
Florida Southern gu 4s 1945.J&J

65

37

50
50

1st cons 5s gold 1943.
J&J /
Florida East Coast 4Mb '59. J&D If
1st & ref 5s 1974
M&S /
Certificates of deposit
/

_

..J&D

103%

|

„

106%
108%
109%
105%

40

54

iSIf
ftt

54

94 M

M&N

1st mtge 3 Ms ser E 1969--F&A
Cl'field & Mah 1st gtd 5s '43. J&J
Cleveland Akron & Columbus—
1st cons guar g 4s 1940—F&A
Clev Cine Chic & St Louis—

103 M

A&O

70

,

General 4s gold 1993
Gen M 5s ser B 1993

103%

93 M

106

101M

44
J&J
19
J&J /
Conv gold 4s 1953 ser A..A&0 /
16%
Series B 1953
A&O /
16%
Series D 1953
.—A&O /
Ref & imp M 5s 1967
M&N /
Ref & impt M 5s 1975
A&O f
Eq 4Ms '40-'41 LL (s-a)—M&S b
4.00
Eqtr4Ms 1939-'43 (s-a)..M&S b
Erie & Jersey s f 6s 1965
J&J
38M
Erie & Pgh g 3_Ms B 1940
102
J&J
102
3 Ms series O 1940
J&J

67 M

B*

1st 6s 1910 ext at 4% 1950. J&J

103]
107]

Erie prior lien g 4s 1996
Gen lien gold 4s, 1996

Cincinnati Union Term Co—
1st M 3 Ms ser D 1971

101%

59

Cincinnati Lebanon & Northern

100

106 M

101

.

66 M

101M
106%

Income 5s 2862
A&O
El Paso & R I 1st gu 5s 1951-J&J
El Paso & Southwestern RR—
1st & ref 5s 1965
A&O
5s stamped 1966

84 M
72 M

4.00%

109M
105M

1st 4s 1948
F&A
Cinn New Orl & Tex Pacific Ry

123 M

Columbia Ry 4Mb 1944—A&O

100

4.75

J&J
M&S

Chicago & Western Indiana—
Consol gold guar 4s 1952.-J&J
1st & ref M 4Mb D 1962-M&S
Choc & Memph 5s 1949
J&J /

Eq trust 2Mb 1940-52

J&D
-----M&S

3s 1940-1946

96

67 M
54

105 M
108

1st consol gtd 4s 1942
M&N
Cinn & Muskingum Valley—

30

J&J

1945

2M% notes.

2.50%

105

Chesapeake & Ohio—
General 4 Ms gold 1992---M&S
Ref & lmtp 3
D 1996-- M&N
Ref & .mpt 3 Ms ser E 1996 F&A
Ref & impt 3 Ms ser F 1963 J&D
1 %% notes, 1940
J&J
notes, 1941
J&J
notes, 1942
J&J
notes, 1943
J&J
notes, 1944-J&J
/Q

87

82

1939-1976

79 M

94

106M

Elgin Jol & East 5s 1941—-M&N
Elmira & Williams port—

2%

.

Consol gold 5s 1952
M&N /
Cincinnati Hamilton & Dayton—
General 5s gold 1942
J&D
Cin Ind & West 1st 5s 1965-M&N

49

olfl

A&O
J&J

Guar 4s 1944
1st M 4s series D 1963
1st mtge 3 Ms ser E 1963
Guaranteed 3 Ms 1951

Choctaw Oklahoma &

Eq tr 5s Dec 14

-

52

47

46——M&S
Central RR & Banking of Ga—
Coll tr 5s ext'd to 1942—M&N
Central RR of South Carolina—
Central Vermont Ry-—

J&J

1963

Inc mtge 5s Dec 1 1960—M&S
Chicago Union Station—

.

1st g guar 4s Oct
Guar g 5s 1960

B

ser

7M
7%

Ask

87 M

Eastern Ry of Minnesota—
Nor Div 1st g 4s 1948
A&O
Edmonton Dun vegan & British

"5%

_

.

European loan 4s,

14

8
7

Chic Terre Haute & Southeast—
1st & ref g 5s Dec 1 '60 opt J&D

15 %
14%
3.00%

1987. J&J

(now 1st) g 5s

conv

6%
m

Eq tr 4 Ms 1939-44
A&O 6
Chicago South Sh & So Bend-

7

32%

Gen M

East Tenn Va & Georgia—
Consol 1st g 5s 1956
M&N

13

12M

Cons gold 5s 1945
Ref & gen 5 Ms 1959 ser B.A&O
Ref & gen 5s 1959 ser O—A&O

Gen M 4s 1987

13 %

J&J

Bid

Bonds

Ask

,

34

ist 4s 1948
J&D/
Central of Georgia—
1st M g 5s Nov 1 1945—-F&A

1940—__M&S

„

Certificates of deposit
Ref g 4s 1934 opt to 1911—A&O
Certificates of deposit
-

17 M

---J&J / 16

Cent Branch Union Pacific¬

4 Ks series P

Bid

Bonds
Chic R I & Pac Ry—
General gold 4s 1988

1955 opt 1918.-M&N
1952—J&J

Pur liens 1st g 3M*

M
n

92
88
88

75

50

53%

52%

8*

G»

RAILROAD BONDS

Aug., 1939]
NOTICE—All bond prlcoa

are

where marked "f" and Income and defaulted bonds
possible for the closing day of the month preceding the data of Issue

"and interest" except

Quotations for all securities are as near as

Bid

Ask

Bid

Bonds

Nashville Chattanooga &

50

514

Unified gold 4s

54

60

1st & ref 5s 2003 ser

99

1 1966.F&A

47

48

lst &

92

104

lst &

904
844
82

84

40-year 44s Aug

1950--J&D
Lltch Div 1st g 3s 1951
J&J
Louisv Div 3^s g 1953—-J&J
Omaha Div 1st 3s g 1951—F&A
St Louis Div g 3s 1951
J&J
Gold 34s 1951
J&J

45

Sp'field Div ext 34b 1951 J&J

83

Carlo

Bridge 4s g

1951--F&A
Equipment trusts—
3s ser R, 1939-1952
M&S

-

-

-

»

90

654
—

1939-1940—A&O
44s ser M, 1940-1941—M&N
4Mb ser N, 1939-1941-A&0
4Mb ser O, 1940-1942. -J&J
4Mb ser P. 1940-1944—A&O
4s ser Q, 1939-1944
F&A
4Mb ser L,

73

_

Pad & Mem Div lst

63

St Louis Div 2d 3s
-

Mob & Mont 44s

-

70

2.75

b

2.00

b

2.25

b

2.25

b

2.50

b

2.60

b

2.60

2.25%
1.00%
1.75%
1.75%
2.00%
2.00%
2.00%

ID Cent RR Co & Chic St L &

1963—J&D
44s series O, 1963
J&D
Indiana Bloomington & Western—
Indiana

46

A&O /

1st ext 4s 1940

524
474

•524

N O RR jt 5s, A,

99

—

Harbor Belt RR—

J&J
J&J

104

J&J

55

J&J

Genl mtge 4s 1957
Gen mtge 4 4s 1957

9

109

Indiana Illinois & Iowa—
1st gold

4s

1950

Indianapolis & Louisville—
1st guar 4s 1956

70

114

dianapolis Union—
104 4

M&S

Ref & imp M 3 Mb ser B '86
Internat-Great North Ry—

Purch money 5s 1972
lst M 5s 1972 opt

Jacksonville

3.00
3.50
82

J&J

80 4

Gainesville

Gulf Ry 1st 5s 1951

..

2.00%
2.50%

834
824
96

954
58-

63
7

2

24

&

24

—-A&O

Ref & ext 6s

ser
ser

1G2

A
B

1044

1967.

454

1st g 4s 1959 guar
J&D
Joliet & Nor Ind See Mich Cent

Joplln Union Depot Co—
1st g 4Mb 1940 guar opt_M&N

105

Kalamazoo & White Pigeon RR
994
f .Ust gold 5s 1940
J&J
108
Kanawha Br & Ter 5s 1948.A&0
854
Kana & Mich lst 4s 1990..A&O
Kan City Ft Scott & Memphis—
Ref g 4s 1936 guar
A&O / 26
26
Certificates of deposit
£10 Mem & Bir 4s 1934
M&S / 70

—

iransas

"

27
29

M

5s

40

112

——

89

65

72

30

30

88
63

J&J

Kalamazoo & South Haven
lst 5s 1939
M&N
Michigan Air Line—
lst 4s 1940
---J&J
Middlesex Val lst 5s 1942..M&N

,99 4

994

1004
100

57

bonds
174

I960--—J&D

19

/
/
/
/
/

11

124

624

63

40

50

40

75

18

25

23

24 4

12

124

84
2

14
4

68

59""

56

108

884
b

2.25

464

in

2.00%
494

70
72 4
59

71
55

/
/
/
/
/
/

154
15 4
16 4
16
18
174

164
154

51

524

51

52

54 4

17

17
19 4

194

65

54 4

Lehigh & N Y lst 4s 1945
M&S
Lex & East'n lstgu 5s 1965.. A&O

60

30 4

35

73
73

84
24
24
14

68

Little Miami guar 4s 1962.-M&N
Little Rock & Hot Spr West Ry—

J&J f
34s 1950—A&O /

70

J&J

Adj M 5s Jan 1967 ser A..A&O
Eq tr 2 4« 1940-195.'
F&A
Mo Kan & Tex Ry Co—
1st gold 4s 1990
J&D
Mo Pacific RR (new company)—

_

,

14

lst & ref 5s Jan 1965 A

Certificates of deposit
lst & ref 5s 1977 ser F
Certificates of deposit

F&A
M&S

68

14

69

3.00

72

2.00%

20

20 4

3.75

184
184
84
2.75%

294

304

154

8 4

64

3.00
3.00
3.75

M&S

New

York Connecting RRlst M 4 4s 1953 series A
lst

guar

5s 1953 series B

F&A

106

F&A

1064

mtge 44s 1938
N Y & Greenwood Lake

88

M&N
M&S

73

M&S

70

124

M&N
-M&N
Fy 5s May 1946-J&D
N Y Lack & Western—
lst & ref 4s ser A 1973---M&N
lst & ref 4 4s 1973 ser B_.M&N
New York & Long Branch—
General gold 4s 1941
M&S
Guar

g

5s 1946

102

30

54
56

51
14

154

174

Deb 4s

174

M&N
Deb 4s 1947 non-conv—.M&S
Deb 34s March 1947
M&S
Deb 4s

14

F&A

154

15-year secured 6s 1940
lst & ref 44s 1967

"24

694

J&J
J&J
J&J

72

3 4

1.50%

3.50

2.50%

2.75

2.00%

Gen M g 4s 1955 red

50

33

75
88

Montgom Div

20

23

45

58

88

lst guar g 4s 1991
..M&S
Oonsol gold 34a 2002...M&S
Monon Coal—See Chic Ind & Lou

3.25%
3.25%

Mohawk & Malone—

90

Monongahela Ry Co—
lst mtge 48 ser A I960-—M&N
Monongahela Sou 5s 1955...A&O
Gen 6s 1955
-A&O
Montana Wyoming & Southern—
lst mtge gold 5s 1939
M&S
Montauk Ext 1st 5s 1945
J&J

Montgomery & Erie 1st 5s 1956-1963...F&A

Morris & Essex 3 4s 2000.. J&D
Constr'n 5s 1955 ser A
M&N
Constr'n 44s 1955 ser B.M&N

& Basis.

3.50
2.00
49

31

,

64

M&S
J&D

3

80

N Y & Putnam lst 4s g 1993-A&0
N Y Short Line 4s 1957
F&A

36

N Y Susq & Western—
lst refunding 5s 1937—.--J&J

Term 1st g 5s 1943

36

44

1014

N Y & Stamford 4s 1958—M&N

2d mtge 4 4s 1937
Gen mtge. 5s g 1940
N Y Westchester & Bos Rylst M g 44s 1946 guar

80
96 4

J&D

N Y Prov & Bos 4s 1942-_—A&O

72

4.16

3.25
3.50

N Y Pennsylvania & Ohio—
Prior lien ext 4 4s. 1950..M&S /
New York Phila & Norfolk—

55

4.10

14

J&J

New York Ontario & Western—

Stock trust ctfs 4s 1948

5s 1947-_F&A

124
114
214

A&O
J&D

5s
Har Riv & Pt Ohes 4s '54 M&N
N Y A N J Ferry 5s 1946

Ref lst g 48 June 1992

Secured

11

Equip.trusts 3s 1939-1951 M&S
4 4s 9-15-39 to 3-15-45 M&S 15
44s 1940-1946
J&J

75

3.56

non-conv

164

68

24

1956

Deb 34s 1954 non-oonv—A&O
Deb 34s 1956 conv
J&J

14
3

44
114
114
114

July 1 '55 non-conv J&J

18"

J&J

$ Secured interest at exchange rate of 4.8665.

79

Deb 6s Jan 15 '48 conv._J&J15
Deb 4s May 1 1957
M&N

Mobile & Birmingham—
Prior lien 5s. 1945

1st 5s

824
594
504

17

44

RR

1.25
2.25
2.40

78

4

Montour

95

M&S

32

1094

4s 1939-1949

General 1st 5s 1941

Certificates of deposit
Convg 54a 1949 ser A
M&N
Secured 54s 1939-1956
J&D
Equip trust 5s 1940(yr)._.M&S
Eq tr 4 4« '40-'44 F ' vr) ..M&N
Equip tr 24s 1940-1949--F&A
Mo Pac (old)—Gen 4s 1975.M&S
3d ext 4s July 1 1938
M&N

g

59

NY & NE Bos Ter 4s 1939.-A&O
N Y New Haven & Hartford—

5s 1938
M&S
Eq tr 4s 1940-1943.
M&S
Eq 4 4a 1940-1942 (yr)..J&Jl5

1074

604

Spuyten Duyvil & Pt Morris—
34s 1959
J&D
N Y Cent equip trusts—
44s Sept 15 1939
M&S
44S1940-1945
M&N
2 4s Mar 15 1940-1952N Y Chicago & St Louis—
lst 34s extend 1947...-A&O
Ref 54s 1974 ser A
A&O
Ref 44s 1978 ser O
M&S
10-yr 6s coll tr 4s 1946
F&A
3-yr 6s ext'd notes 1941
A&O
Equ pment trusts—
24s 1940-1947
M&S
3s 1910-1951
-J&J

N Y & Hob

294

2.00%
85 4
2.00%

82 4
83

L S coll tr g 34s 1998
F&A
M C coll tr g 34s 1998—F&A

N Y & Har lst g 3 4s 2000.

79

14

Certificates of deposit

1945

76

604

3d

66

154

4s small

574

f 1946-. A&O

lst 48 ext g 1947-.--—
2d ext 6s 1939

154

...

sec s

104

14

H...A&0

ser I

10-year 34s

New York & Erie RR—

1st & ref 5s 1980
1st & ref 5s 1981

58
50 4

A&O

3 4s conv secured 1952—M&N
New York Central & Hud Riv—

40

1st & ref 5s 1978 ser G
M&N
Certificates of deposit..
ser

24

29

16

—

64 4

75

Cons mtge 4s 1998 ser A—F&A
Ref & impt 44s 2013 A
A&O

14

-

Gen gold 4s. 1938
M&S
Ref & impt 44s 1977——M&S

654
Long Dock cons
Long Island—
Unified g 4s. 1949
854
.M&S
87 4
Refunding mtge 4s 1949._M&8
88
4s stamped 1949
M&S
3.00
Equiptr 44s 1941-45 (yr)_F&A b
84 4
Louisiana & Ark 5s A 1969—J&J
3.00
Equip trust 348 to 1946, A&O b
Louisiana & North West RR—
1st M gold 5s 1935
A&O /
21
Louisville Henderson & St Louis
106
lst mtge gold 5s 1946
J&J
Louisville & Jeffersonvllle Bi
1084

2

32

Mobile & Ohio-

1004
107

14

7

30

Prior lien 4Mb 1978 ser D.J&J

5s small 1945
Gen M g 4s 1945—

1174

Lincoln Park & Charlotte—
5s 1939
J&J
Lltchf & Madis lst 5s 1959.M&N

lst cons

3.50
110

Ref g 34s July 1 1997.—J&J
Deb 4s 1942 tax-exempt
J&J

32

69

31
30 4
30

Equip trust 44s
Newport & Cincinnati Bridge—
lst M g 44s 1945 guar
J&J
Newport & Richfor Is 5s 1941..

Ref & impt 5s 2013 C

N

----

36 4
35

New York Central RR—

Equip trust 2 4s 1940-1949F&A
Mo Kaus & Okla 5s 1942.-.M&S
Missouri-Kansas-Texas RR—
Prior lien 5s 1962 ser A....J&J
Prior lien 4s 1962 ser B
J&J

864

554
684

Certificates of deposit
lst M 54s 1954 series A—A&O
Certificates of deposit
lst 5s 1956 series O
F&A
lst M 44s 1956 series D..F&A

95

88

M&N
A._ J&J

New Orl Term lst 4s 1953..J&J
New Orleans Texas & Mexico—
Non-cum inc 5s "35 ser A..A&0
lst 5s 1954 series B
A&O

Mo-Tllinois

88

97

95

90

77

12

J&J /

664

1951.-.M&S

1959.

99

73

J&J

64

Joliet & Northern Indiana—

RR 1st 5s

15

93

lst 4s 1959
M&S
Jackson Lansing & Saginaw

lst cons gold 4s 1938

56

204
20

General 5s Jan 1 1938
New Lon Nor lst 4s 1940
J&J
New Orleans Great Northern

Extended at 5% 1940
Ref & impt 44s 52 ser

4

„

Minneapolis & St Louis—
lst 7s *27 ext at 6% 1932--J&D
5s ctfs of deposit 1934
M&N
lst refdg gold 4s 1949
M&S
Ref & ext 5s Feb '62 ser A.Q-F
Certificates of deposit
Minneapolis Northfield &
Southern Ry 1st 6s '41.-M&S

off—1951

Income deb 5s 2032
New Orl & Nor East 6s 1915

1914 coupon on 1977—
1914 coupon off 1977-4s Asst(cash warr & coup) .1977
Michigan Central—
Ref & Impt 4 4s 1979 ser O. J&J
lst gold 34s 1952
M&N
Grand River Valley—

1957——'.

coupon

receipt No 4 on
1951
Naugatuck lst 4s 1954
..M&N
New Eng cons 4s 1945 gu
..J&J
Oonsol g 5s July 1 1945—J&J
New Haven & Northampton
Ref cons 4s 1956
J&D /
N J June lst 4s gu 1986
F&A
N J & N Y lst ext 5s 1950..M&S

50-year lst 5s 1983

95

984

73 4
62

5s assented 1941




14
41

.81

—

Called Oct. 1 at 102.

U*

39

37

60

Lehigh Valley Ry of New York
lst 44s gold 1940
...J&J
4Mb assented 1940
Lehigh Vail Term 5s 1941—A&O

*

734

44
74

92

Cong g ref 34s 1997
J&D
Leamington & St Clair 4s '45 A&O
Lehigh & Lake Erie 4Mb '57.M&S

lst gold 4s 1939 guar

3.00%
3.00%

44

South—

5s assented 2003

4.00

78

——,

Assent cash warrant and scrip

J&J

974

'47 J&J
J&J

Lehigh & New England—
lst M gold 5s 1945
J&J
Gen mtge 4s ser A 1965
A&o
Equip tr 4Mb G1939-45—M&N
Lehigh Valley Harbor Term Ry—
1st mtge 5s 1954
F&A
Lehigh valley—
1st gold 4« 1948
J&D
Con M 6s ann irred
J&D
Con M. 4Mb ann irred
J&D
Gen cons gold 4s 2003
M&N
4s assented 2003
Geo con gol<t 4Mb 2003
M&N
4Mb assented 2003
Gen con gold 5« 2003
M&N

4.00

No 4 on '26
4s(Apr 1914 coupon on)

1951

April 1914

4s Sept
4s Sept

RR 4% franc

con

80

gold 5s 1938—_—J&J
1st cons 5s 1938 gu int
J&J
2d M gold 48 guar 1949.-.J&J
lst ref 6s 1946 series A
J&J
lst ref 54a 1978 ser B
J&J
25-year 54s 1949
M&S
Minn Terminal 1st 3 4s '50--J&J
Minn Transfer Ry 34s 1958. J&O
Missouri Illinois Bridge and Belt
RR cons 4s 1951
J&J

107 4

warr't & scrip ret

52

74

108

Kentucky Cent 4s g 1987
J&J
Kentucky & Indiana Term RR
list gold 4Mb 1961
J&J
144s stamped 1961
4Ms plain 1961—
lst mtge 4 Ms unguar 1961.
Lake Erle& Western RR—

Lake Shore & Mich

944

64

694
704
1.75%

1064

J&J

lst mtge 5s ext at 3 % to
2d 5s 1941

77

M

scrip receipt No 5 on 1977-

83"

b

J&J

1978

65

Minn St P & Sault Ste Marie—

684
70 4
2.25

City Terminal Ry—

lst g 48 1960 opt 1930
ansas Oklahoma & Gulf—
lst

90

66

Income 5s Mar 1934
Sept 1
Kan City Sou—lst g 3s 1950 A&O

gef tr 3s F JanApr1940 1943
1 1950—J&J
q & Impt 5s
1

49

1024

1944
__J&D
Kal & Sou Haven—See Mich Cent
1st 58 June 1

Assent cash warrant and

National RR of Mexico—
Prior lien 4Mb assent cash

n*

J—•
ext at 5% to 1940
A&O /
Midland Valley 5s 1943
A&O
Adj M Apr 1 *53 ser A—-Sept
Adj 5s series B 1953 Septi——
Milwaukee & Northern—
lst ext 44s 1939
J&D /
Con ext 44s 1939
J&D /
Cons ext 44s 1934
J&D /
Mil Sparta & NW 1st 4s 1947M&S /
Mil&State Line lst 3 4s 1941 .J&J /

105

Ref & ext 5s

M
4

lst

lst g gu 5s Nov 1 1959—M&N
Meridian Term 4s '55 guar.M&N

of

M

1957

July 1914 coupon on 1957—
July 1914 coupon off 1957—
Assent cash warrant and

724

b

Midland

/
f
f

Jan 1914 coupon on

_

Equipment trust 5s..
b
Equipment trust 54s
Manila RR Sou Lines—
lst 4s extend 1959
-M&N
Manitowoc Green Bay & Western
lst gtd 34s 1941—---J&J /
Maryland & Pa lst g 4s 51-M&S
lst cons A 6s 1963
----A&O
M'shfield & S'east—See Wis Cent
Memphis Union Station Co—-

2.75

4Mb—

634
924

J&J

.

lst 3 48 Sept 1

lien

50

F&A
M&S

75

72

J£J

1947

(Foreign series)

Bee Michigan Central

Jacksonville Terminal—

Prior

1054

lst mtge & coll 4s ser A 45 J&D
Conv gen 44s ser A 1960-J&D
Secured 6s 1959 lst ser.-J&J

Midi

Lansing & Saginaw-

Jackson

5s

lst M 4s 1978 ser A

Eq tr 2 4s 1940-1952
National Rys of Mexico—

Gtd gen s f 4s (Apr

1952
J&J
*52 gu J&D
Savannah—•

Macon Terminal 5s 1965

St

scrip receipt No 4 on 1957. f
*14 coup on) f
April 1914 coupon off 1977- f

1004

Monon

Maine Central—

lst 4s

6

M&S

1951

134
24
104
17

10

J&D
1938—J&D

Iowa Central 5s ctfs
lst & ref g 4s

2

10

M&N
F&A

lst 1 & ref 64s 1947
Debenture 4s 1961

lst

89

112

L & N Term 1st g 4s

Macon Dublin &

1004
994

Mexican International—

12 M

1st M g 68 1952 series A
J&J
Adj M Gs July 1952 ser A. April
1st M 58 1956 series B
J&J
1st M 5s 1956 ser O
J&J
Equipment trusts—
4Mb ser A 1939-1940,—J&D
4Mb series B 1940-1942,A&O
Internat Rys (Central America)—

1054
1004
844

4s 46.F&A
1980—M&S
1945--M&S

Southern Ry joint

collateral 4s,
b

E 2003..A&0

Louisville & Nashville—
Atl K & Cin Div 4s 1955--M&N

52

Western lines g 4s

1004

-J&J
B——A&O
ref 44s 2003 ser O—A&O
ref 4s ser D 2003... A&O
1940.

ist & ref 34s ser

65

-

Bid

Bonds

Ask

Louisville & Nashville—

Illinois Central—(Concluded)
Collateral trust 4s 1953
M&N
Ref mtge 5s 1955
M&N

74
24

F&A
F&A
M&N

5
28
'

J&J

24

Nord Ry s f 64s 1950
A&O
Norfolk & Car 2nd 5s 1946—J&J

*102%

116

121

Norfolk Southern—

106

_

93

.

104
94

lst & ref g 5s '61 opt '15—F&A
Certificates of deposit-__ —
Norf & South lst 5s 1941.M&N

40

86-

J& J

25

Norfolk Term lst gu 4s 1961M&N
Norf Term & Transp 5s '48F&A

105

lst gen g 5s

35
102

43 4
39

45

35

46

1954 opt

115

374

39 4

Price includes accrued interest,

k Last sale,

n

Nominal.

70

RAILROAD BONDS
bond price® are "and Interest"
except where marked "f** and Income anc! defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

NOTICE—-All

Ask

Bid

Bonds
Norfork & Western Ry—
1st con 4s 1996

^

123 H
95

A&O
Norrlst'n & Maine 1st 4s '52 MAS
Nor Cent 5s 1974 ser A
M&S

Oct 1938 and subs coupons
Ctfs of deposit stamped—

'45- /

35

/
/

Ref & imp 6s 2047 ser B
J&J
Ref & Imp 5s 2047 ser O
J&J
Ref & Imp 5s 2047 ser D_-_ J&J
Kq tr 4M» 1910 (yr)
-M&S15

Eq tr 4s 1940-1949
J&J
Eq tr 2*Aa 1940-1947
M&S
Eq tr 2 Ms 1940-1946
J&J
Nor RR of N J gen 4 Ms 2000-J&J
North Pennsylvania RR—
Gen g 3 3-10s 1953
J&T)
N'western Term Co 5s 1948-F&A f
N'western Term RR 5s Apr 1977Norwich & Worcester 4 Ms '47M&S

Ogdensburg & Lake Ohamplain—
1st guar g 4s 1948-J&J
4s stamped 1948
.-J&J
Ohio Connecting 4s 1943---M&8
Ohio & Little Kanawha5s '5CM&S
Old Colony RR 4s 1938
J&J

1st M 5 Ms 1944
.F&A
1st M 5s 1945 series B
J&D
1st M 4Mb 1950series O
J&J
Ore RR & Nav cons 4s 1946-J&D
Ore Short Line 1st 5s 1946--J&J
1st cons guar 5s 1946J&J

Oregon-Wash RR & Nav—
1st & ref g gu 4s *61 opt-.J&J
PacFruit Express—See Sou Pac—
Pac of Mo 1st ex g 4s 1938—F&A
2d ext 5s gold 1938J&J
Cardelet Br 1st 4Ms 1938-A&0
St Louis City real est 5s '38 J&J
Paducah & 111 1st 4Mb 1955.J&J
Paris-Orleans extl 5b b 1968 M&S
6% franc bonds (foreign series)
to

J&D /

1956

Paterson Extension 5s 1950.J&D
Paulista Ry 1st 7s '42serAM&S15 /

44

45

47

48

59 M

59 M

50

52

45 X
1.50

50 M

2.25

1.00%
3.25%
1.75%

2.25

1.75%

3.75

10

82

79
30

32 M

31

33

83

87

10

14M

7M
108 M
35

4M
4M
4M
4M
110M

8 'A

40~~
5M
5M
5M
5M

U7M

118M
107

119

82

98 M

68
68

102 M
99 M

104 M
100 M

22 M

50

60

15

104 %

J&D
J&D

1st & ref 4Ms series B 1981..

Pennsylvania RR—
Con M 4s gold 1943
M&N
Con M 4s gold 1948
M&N
4s stamped 1948
M&N
Con M 4Mb gold 1960—F&A
Gen g 4Mb 1965
J&D
Gen g 5s Dec 1 1968
J&D
Gen M 4Mb 1981 ser D...A&0
Gen M 4 Ms ser E 1984—J&J
Deb 4Mb 1970
A&O
Gen M 3 Ms ser C 1970
A&O
Oonv deb 3 Ms 1952
A&O
30-yr secured 4s 1940-1964.J&J
Equipment trusts—
4MsseriesC 1939
A&0(
4 Ms series D 1940-1941 M&N b
4s series E 1910-1949
J&J b
2 Ms series G 1939-1950-J&D b
2 Ms series H 1940-1952 M&N b
Peor & East cons 4s 1940..A&O
2d cons inc 4s 1990
Apr 1 /
Peoria & Pekln Union Ry—
1st g 5 Ms 1974 series A
F&A
Peoria Ry Ter 4s 1937 gu op. J&J

1977
J&D
Reading lstgu 5s 1941—J&J

Port

103 M
103

104 H
66
66

103 M
105

104M

63"

68

61

64"

97 M
98

99 M

99

108 M
113

112M
118M
100 H

1st 5s 1931
Ral & Gaston 1st 5s
g

102

72

77

Delaware River Terminal—
1st 5s 1941
-.M&N
Rensselaer & Sara 6s 1941.-M&N
Rich Fredericksburg & Potomac—

86

M

2.40
2.35
2.35

47

3%

0.75%
0.75%
2.00%
2.00%
2.00%
49 M
4M

1st

4s guar 1940
Rio Gr West 1st 4s 1939

110M
51

63

67

50

60 M

M&N
M&N

Equip trust 2Mb 19±0-'46..J&J
Perkiomen RR ext 3 Ms 1951,J&J

2.50

2.50

2.00%
2.00%
2.00%

86

1st guar 4Mb

4Ms

con

85
128

2d gold 6s 1996

60

-

-

85

A&O

84 H

8t Louis-San Francisco

61M
55 M

62 M
64

15M

17M

9
8M
8%
8M
9
8M

9M

Ry—

Prior Hen 4s 1950 series A. J& J /
Certificates of deposit
/
Prior lien 5s 1950 series B.J&J /

Certificates of deposit
/
Cons in 4 Ms 1978 ser A—M&S /
Certificates of deposit stpd.. /

.

Equipment trusts—
4Ms series BB 1940-41.F&A b

3.75

4sseries CC 1910-1943.M&N b

3.75

4Ms series DD 1940-45-A&O b

3.75

St Louis

9

9M

M&N /

Gen & ref 5s

ser

J&J /

A 1990

5s series J 1940

M&S b

3.00

3.50

J&D

4s 1968

Mortgage 4s Dec

1 1996—J&D
'47. .J&J /

62

32

18%
10 M

2.00%
2.50%

& re* 5e

1972

-

70
4

J&J

116%

57M

120

109 M
107 M

J&O

92 M

94 M
119

95 M

105

-

108 M
A&O
M&N k 108%

M&N

108M

F&A

109"
110

F&A

108

lis M

J&D
A&O

105 H
105 M

106M

Gen M 4 Ms 1977 ser O—J&J

98 M

98 M

A

106

Pitts Shawmut & Northern—

6% receivers' ctfs 1927...F&A /

10 M

6% secured notes 19.31
F&A f
Receiver ctfs 3-3Ms '45—F&A
Receivers ctfs 4s 1940
F&A
vtlanta-Birmingham Div—
lstg4s May! 1933
M&S /
Seaboard-All Florida Ry—

4 M

4%
64 M

ser

A ctfs of deoosit

/

9%
2 M

4M
4

6 %
6

63M
99 M

Shrev Bdg & Ter
Sioux City & Pac

3 M
3 M

2M
2M

5s '55 gu—F&A
3 Ms 1936._F&A /

40

97

30

32 M
40

_

38 M
45

Gen

25"

cons

_

-

8

14

118

gu g 5s

121

Southern 111 & Mo Bridge Co—

/ This price includes accrued

70

66

interest.

A: Last sale,

70

J&J

18M

5s 1955-J&J

g

J&D

15

J&D

104

Ry 4 Ms 1943

Stephenville Nor & Sou Texas—
1st M guar g 5s 1940
J&J /
Sturgis Goshen & St Louis Ry
1st 3s Dec 1 1989
J&D
Suffolk & Car con 5s 1952
J&J /
Sullivan Co RR 6s 1944
A&O

10
35
12

82

Susquehanna Bloomsburg &
Berwick RR 5s 1952
A&O
101M
Tampa & Gulf Coast g 5s'53_ A&O /
Tampa & Northern RR—
5s (stamped 3s) 1936
J&J/ 36
88
Tampa Union Sta 5s 1940--M&N
35
Tampa Un Term 4-6Ms '53
J&J
Tavares & Gulf RR—

1st extend 3s 1948
M&S
Term RR Assn (St Louis)—

/

1st gold 4Ms 1939
1st consol gold 58

A&O
1944—F&A
4s *53 opt '10. J&J

Gen ref s f g
Torre Haute & Peor 5s 1942-M&S
Texarkana & Fort Smith—

10
100 Mi

116^8
109M
105

F&A

87

City Term 6s 1941-J&J '26
J&J

82

1st M 5Ms 1950 guar
Texas & New Orl 5s 1943
Texas & Pacific Ry—

J&D

118

Ann Mar
B—A&O
Gen & ref 5s 1979 ser O—A&O
Gen & ref 5s 1980 ser D-—J&D

97

1st gold 5s 20002d 5s Dec 1 2000
Gen & ref 5s 1977

ser

87 H
88
87 M

Equipment trusts—
M&N

1.50
2.25

4Ms

HH 1939-40—M&S
1910-42
A&O
A 1940-43
F&A

2.25

M&N

2.25

J&D
M&N

2.25

5s series GG 1939

4Ms

4s

ser
ser

ser

B194 0-43

4Ms8er C 1940 44
2 Ms ser D 1939-52

Toledo Canada Southern & Det—
1st 4s 1956
J&J
Toledo & Ohio Central—
Ref &

Imp M 3 Ms ser A '60 J& D
8t Mary^i Div 1st 4s 1951 F&A

1.50

2.50
104
80
89

63

Toledo Peoria & Western RR—

J&J

99

April 1 1950—A&O

60
108

M&S

gold 48 June 1 1946—J&D
Consol M 4Mb 1966 ner A. F&A
Transylvania RR 1st 5s 1956. J&J
Tulsa Un Dep 1st 4M»
59
J&J
Inion Depot (Columbus, Ohio)
Gen 4 Ms 1946
J&J

106 H
99 M
74

40
102

103

114M

1st & ref 5s June 2 2008—M&S

111M

35-year 3 Ms debs 1971—M&N
34-year 3Ms debs 1970..-A&O
Eq tr 2Msser E l940-'52--J&J
Union RR (Penn) 1st 5s '46-M&S
Deb 6s 1946
M&S
Union Terminal Co (Dallas)—
1st mtge 3Ms 1967
F&A

109
99

98
2.10
116

116
104

United N J RR & Canal Co—
1st 4Ms Sept 1 1979
General gold 4s 1944
1st 4s Sept 1 1948

M&S
M&S

118
110

—M&S

112

1st 4Mb Feb 1 1973F&A
Gen 1st g 3 Ms 1951
M&S
Vandalia RR 4s 1955 ser A.-F&A

118

Series B 1957

M&N

n

1934

J&J /

July 1914 coupon off—J&J
Cash war & scrip ret No. 6 on
Vermont Vail 1st 4 Ms 1940--A&O
Vicksburg Bridge Co—
1st s f 4-6s 1968
M&S
Vicksburg 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
ref & impt 5s 1973
M&N
Va & Southwest 5s 2003
J&J
1st cons g 5s 1958-.
__A&o
Virginian Ry 3 Ms A 1966-_M&S
Eq tr 4M» 1940 (yr)
J&J
„

95 M
65

South & North Alabama—

113
1943--J&J
Pgh Term RR & Coal 5s '42..J&J /
18
Pitts Va & Char gu 4s 1943.M&N
106 M

66

1st gtg g 4Mb

14

65

prior lien 5s '48. A&O

2.25

72

106

108M
108 H

Vera Cruz & Pacific RR—-

37

Shamokin Sunbury & Lewisb'g—
2dext'd5s 1945
J&J

2.25

46

100

12

6s ser B ctfs of deposit
/
Seaboard & Roanoke 5s 1931. J&J /

/

Cons 1st g 5s July 1

b Basis.

10
9%
2
4
3%
6%
5%

7 M

6

Pitts & Shawmut 5s 1959._-J&D /
38
Pitts Shenango & Lake Erie—
1st gold 5s 1940
104
A&O

at 100.

A&O /
Stamped
A&O /
Adj mtge 5s Oct 1 1949—F&A /
Ref gold 4s 1959 opt
A&O /
Certificates of deposit
/
1st & cons 6s 1945 ser A—M&S/
Certificates of deposit
/

Seacoast RR

117 M
108

84 M

118

6s

F&A
M&N
B

Schuylkill & Leh 1st 4s '48.M&N

1.50
2.00

1st ry & land gr 4s g 1947--J&J
1st & ref 48 June 2008
M&S

109%
70

g

Seaboard Air Line Ry Co—
1st gold 4s 1950

9M

119M

4s series D 1945

J&D

M&S

5s 1942

58

83

Scioto Val & N E 1st 4s 1989M&N

86

M&N

1st

77%

Onion Pacific—

Santa Fe Prescott & Phoenix—

113M
108 M
106 M

72

1st

104 M

A&O

86 M
55

J&J

1st g gu 4s 1942 ser C

97

104

61M

Toronto Hamilton & Buffalo—

100

15

J&J
Joaquin Val—

1.75
35

J&J

1st gold 4s

7

6M

116 M

1943

2.50

b

2.25

Tol Term 1st 4Mb '57 gu—M&N
Tol Walhoudlng Valley & Ohio—

5

98

Salt Lake City Union Depot
and KR 1st 5s 1938
M&N /
Salt Lake & O tden 5s 1931
/
1st guar g 4s

Aiken Branch 4s 1998
1st Mem Div g 5s 1996

1st mtge 4s ser B 1967—
Toledo St Louis & Western—

St

1st

2.50

b

Tex Pac-Mo Pac Term RR—
1st M g 6Ms 1964
M&S

80

Paul & Kansas City Short Line
1st guar 4M« 1941
_P&A /
8t Paul Minn & Manitoba—

b
b

4 Ms ser JJ

Paul & Duluth—
1st consol g

2.25

4s series BB 1940-1943-M&S
4 Ms series CO 1939-44--J&D

3.00%
3.00%
3.00%

59 M
28 M
18 J
9

4Ms series K 1940-1945-J&J b

2.00

J&J
Develop & gen M g 4s *66-A&O
Develop & gen 6s 1956
A&O
Develop & gen 6 Ms 1956--A&O
Equipment trusts—
4 Ms series Z1939
A&O
4Ms series AA 1939-41-A&O

9

Equipment trusts—

St

1.50

b

b

Stamped (Fed tax) 1955-J&J

~9M

Southwestern—

1st g 4s 1989

b

Southern Railway—
1st consol g 5s 1994

Texas

Riv & Gulf Divs 4s 1933-M&N /
Certificates of deposit
/
St L Peo & N W 5s 1948
J&J /

San Fran & San

4Mb series B 1942
4Ms series O 1942

d Sept. 1

^

St Louis City see Pac of Mo
St Louis Iron Mt & Sou—

1st g 5s Oct 1 1940
A&O
Sun Fran Term 1st 4s 1950—A&O

Pitts Bessemer & Lake Erie—
Cons gold 58 1947
J&J
Pitts Cin Chic & St Louis—
Con g gu 4Ms ser A 1940-A&O

ser

37"

34

107M

111M

Piedmont & Northern—
3 Ms 1966-

ser

2M

St Clair Maa & St Louis Belt—

101M

Reading RR—See "Read! ng Co.
Philippine Ry 1st 4s 1937--J&J /
9

Gen M 5s 1975

~2M

San Antonio & Aransas Pass—

Phila &

Gen M 5s 1970

108 M

8M

J&J/

46%
59 %

Staten Isld

106"

7M

stamped 1941

50 M
46 %
46 %

Stark Elec RR 1st 7s 1952

8M
8M

Alton Bridge 1st g 4s '51--J&J
St Clair Term RR 5s 1950--M&S

48M

Southern Pacific RR Co.—
1st ref g 4s 1955 opt 1910—J&J

Spok Internat 1st

73
.7M
7M
6

4Mb 1941

44

Aug 1 *49..J&D
Lines) 1977.M&S
40-year 4Mb 1968
M&S
50-year 4 Ms 1981
M&N
4 Ms 1969 with warr
M&N
10-yr secured 3 Ms 1946—_J&J
Equipment trusts—
4Ms series H 1939-1940.J&D
4Ms series J 1940-1942..J&J
4Ms series L 1910-1944-J&D
4Ms series M 1940-1945M&N
2 Ms Aug 1 1940-1954
2 Ms series N1939-1951 M&N
Pacific Fruit Express—
Eq 5s 1940-1941 D (yr)_A&0
Southern Pacific (Golden Gate
Ferries) 1st 5%b 1949
A&O
1st 4 Ms (Ore

1st 4s 1995—

104
47

9%

J&J/
J&J /
J& /

Bid

South Indiana 1st
g 4s 1951— F&A
Southern Pacific Co—
Coll tr 4s (OP)

St Louis Div 1st g 4s 1951-J&J
Spartanburg Union & Columbia—

8M

1934

111

April 1 I960..

4M8 series I 1963
4 Ms series J 1964

104 M

32 M
15

1st coll tr 4s 1949 opt
Rock Island Ark & Louisiana—

100 M

Gen 5e 1974 series B
F&A
Gen M 4Ms 1977 ser C_. J&J
Gen 4Mb series D 1981
.T&D
Phila & Chester Val 4s 1948.A&0
Phila Newton & N Y 3s 1942 A&O

3Ms series E-1949
4s series F 1953
4s series G 1957
4s series H 1960

103 M
105

M
31M
14 M

M&N

Phi la & Bait Cent 4s 1951—M&N
Phila Bait & Washington—
1st gold 4s 1943

1.70%

'.—J&J /
J&J /
A&O )

Pacific ext 1st 4s i 1940—J&J
St. Paul Union Depot—

67

73 M

M&S /

g

St Paul East Gr Tr 4 Ms

106 M
45

55
75

Rich-Washington 4s 1943
J&D
107 M
Kio Gr June 1st
gu 5s 1939—J&D /
43
Rio Gr So 1st g 4s 1940
J&J /
M

2d g Inc 4s Nov 1989
J&J /
1st term & unif 5s 1952—J&J /

1.25

12M

105

100

1.00

-

95

Petersburg 4 Ms 1940 A&O

89 M

89%
86 %

-

49"

•

102
45
101

96 M
96

89

-

10OM

Cons mtge 4Ms 1940
A&O
Rich & Mecklenb'g 4s 1948-M&N

100%
107%

95

95%

-

80

99

Reading Company—
Jer Cent 4s 1951
54 M
opt'06--A&O
Gen & ref 4 Ms 1997 ser A—J&J
73 M
Gen & ref 4 Ms 1997 ser B.J&J
71M
b
2.20
Eq 4Mb 1940-'45 (s-a)—M&N
Philadelphia & Reading RR—
103
Imp M ext g 4s 1947-- -A&O
104
Extended 4Ms Oct 1 1943.
103
Term 5s g gu May 1 *41 Q&F

114

88M

5"

%

50
46
10

J&J /

1947—J&J /
Raleigh & 8'port Ry 5s *65—J&D /
Reading Belt 1st 4s 1950—-M&S

119 M

107

„

Raleigh & Augusta Air Line—

109%
113M

2.75

Equip tr 4 Ms 1910-45
Equip tr 2 Ms 1940-47

101

102
Potomac Val 1st gu 5s g 1941-J&J
Prov Sec deb 4s 1957
1
gu ...M&N /
Prov Ter 1st g 4s
44
gu 1956-..M&S /
Prov & Wore 1st 4s 1947-— A&O
75

67

60

-

95 M
93 M

91M

St Johns & L Cham 6s 1944 .M&S
St Jos & Grand Island 4s '47-J&J
St Lawr & Adirond 5s 1996—J&J

70

-

92 M

Portl (Me) Term gu 4s 1961-J&J
Guar 5s 1961
J&J
Portland & Rumford Falls—
5s 1951
M&N

Rutl Can 1st g gu 4s 1949
4s stamped 1949

Marquette Ry—

1st g 5s July 1956 ser A..J&J
1st g 4s July 1956 ser B-.J&J
1st 4 Ms 1980 «er O
M&S




98 M
106

Rock Island-Frisco Term Ry—
1st M 4Mb 1957
J&J

24

103 M

Cons mtge 4s 1939
.A&<>
Cons extend 4Ms 1949-A&O
Penn Ohio & Detroit RR—
1st & ref 4Ms 1977 ser A..A&O

Call

1st gen 5s 1974 series O—J&D
1st 4Ms series D

Rich &

107%

72 M
70

F&A

Cons mtge 4Ms 1939.A&O
Cons 1st extend 4s 1949 A&O

*

108M

4 50

J&D b

Richmond Term 1st 5s 1952.J&J

117

M&N
F&A

Pat NY Canal con 5s 193ft A&O
Cons 1st extend 5s 1949 A&O

Gen 4s

5.00

106 M
102 M

Ms 1940-1946

Young & Ashtabula—

Rutland

Pennsylvania Company—
28-year secured 4s 1963
Gu tr ctfs g 4s 1952
Gu tr ctfs g 3 Ms 1941
Gu tr ctfs g 3 Ms 1942
Gu tr ctfs g 3 Ms 1944

Pere

72 M

30

28M

1st gen 4s series A 1948—J&D
1st M 5s 1962 series B
F&A

45"

40"

36

4.25%
3.50%

Pitts

70 M

Bonds

34M

28 M

—A&Oi

M4Msi 1960ser C
A&O
gq tr 3Ms Apr 1 1940-1946—- J
Eq tr 2

iio"

33

Ask

30

'58A J&D

k

48

Apr *33 to Oct *34 cpns 1945.
Apr '33 to Oct '38 cpns 1945.
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

red

98

116

106 H
Gen & ref g 4 Ms ser A '74. M&S
Northern Ohio Ry 1st guar 5s—
Apr 1 1935 & sub coups 1945-- / 50

Bid

Bonds
Pitts & West
ValRy 4 Ms
1st M 4Ms 1959 ser B

-

-

Nominal.
I

....

M
70

„

68 M
69
21

99 M
90
80

55 M
55 H
108 M

1.25

Aug., 1939]

RAILROAD

BONDS

71

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

Bonds and Stocks

Bid

1st gold 5s 1939

M&N
6s 1939
F&A
Deb mtge 6s series B 1939. J&J
1st lien term gold 4s 1954.J&J
Det & Ohicext 1st g 5s *41.J&J
Des M Dlv 1st g 4s 1939--J&J

38%
17

1st 4s Mar 1 1948
Q-Mar
Washington Co Ry 1st g guar
3%s Jan 1954 opt 1924.—J&J
Washington & Franklin Ry—
1st extend 4%s 1954
J&J
Wash Term Co—3%s 1945..F&A
lBt gold 48 1945 guar
F&A
Washington & Vandemere—
1st 4%s 1947
F&A

—

_

*.

7
6%
5%
6%
6%
6%
' 5%
6%

8
M

~

_

8
..

—

8

39

39

103
109

109%

49%

50

91

1.00
1.25

2.00%
106%
18%
18

3.00%

28

9%

44
6

5%
4%
30

35

9%
15

17

69%

90

73
118

9%

8%
6%
6%
12%

13

53

57

7%
7%

42

28%
56

29%
58%

66

118

123
20
21

19

19%

Augusta A- Savannah (guar).. 100
Avon Gen & Mt Morris (gu)-100
Bait & Cumberland 7% gu
50

25

35

5% conv preferred

70""

66

5%
7%

5%
7%
25%
69%

63

Beech Creek

Boston & Maine

common.

Unstamped—
1st pref 5% class A.....100
1st pref 8% class B
100
1st pref 7 % class O
100
1st pref 10% class D
100
1st pref 4 % % class E
100
6% non-cum preferred.
100
7% prior preferred...
100
Stamped—
Common
1st

pref
pref
pref
1st pref
1st pref
1st

1st

30

72%
77%

100

1%
1%
—

Boston & Providence (guar)..100
Boston RR Holding pref
100

15%

Camden & Burl Co (guar)
Canada Southern (guar)

25

Canadian Pacific

25
100
25

Caro Clinchfield & O (guar).. 100

♦

No par value,

k Last sale,

n

86

135
5

17%
5%
1

45

55

30

34

38

62
46

8*

67

70

1%
2%
1%

2%
2%
2%
2%
2%

65

69

89
55
56

60

"1%

100
100

Kansas City Southern new
4% non-cum preferred.

3

5

10

2

4

2%

5

3%
18%

"4%
19%
2

13

13%

*

97

102

56

59

15

30

7%
18

19

37

39

160

50

Lexington Union StationPreferred (guar)
..100
Little Miami original guar
Spec gu*r betterment stk.
Lit Schu.vl Nav RR &

3%

50
Louisville Henderson & St Louis—
Preferred (guar)
100
Louis & Mo Riv pref
(guar)..100
Louisville & Nashville
100

Lykens Valley RR & Coal (gu)
RR

20

101%

37""

80
15

30

48%

50

15

16%

1

67

45

%
25c
95
38
20

30
35
2

30

18%
1%
100
11
26

265

38%
41

84
90

154

174%
54

8%
140
41

17
55

6%

50

12

pref
50
non-cum 2d pref
50
Rensselaer & Saratoga (guar). 100
Rich Fred & Potomac—
Dividend obligations
100
6% guaranteed
100

23

4%
4%

non-cum 1st

100

Roch &; Genesee Val RR
(gu).100
Rome & Clinton (guar)
100
Rutland 7% preferred
100
Rutland & Whitehall (guar)..100

18

66
55

150
185
35
40

50
100
100

%
40

non-cum

100

preferred..

..100

Mob & Ohio stk tr ctfs
(gu).100
Southwestern of Ga (guar)... 100

Stony Brook (guar)..
100
Sussex (guar D L & W)
50
Syracuse Bing & N Y (gu)...100
Tennessee Central...
•

%
1

1

"s""

4% non-cum pref (guar)...100
Mobile & Ohio—See Southern

4%
83%

4%
85%

Montgomery & Erie (guar)

2*
1%
5%
%
1%

44

43

30
48

2

50

27

32
60
8

120
5

J 60

70

Texas & Pacific Ry
100
Troy & Bennington (guar)
100
Troy & Gr'bush (gu NYC).. 50
Tunnel RR of St Louis (guar).100

35
135

Union Pacific common.
100
4% non-cum preferred
100
United N J RR & Canal
(gu).l00
Utica Chen & Susq Val
(gu) 100

(guar)

(guar). 100
5% non-cum pref (guar)... 100
Virginian Ry common
....100
6% cum preferred
100
Wabash Ry
100
5% non-cum preferred A... 100
5% non-cum conv pref B..100
Ware River (guar)
100
Warren N J (guar D L &
W)
60
West Jersey & Seashore
(gu)..50
Western Maryland Ry com.. 100
1st preferred
.100
4% non-cum 2d pref
100
Western Pacific RR

Ry
10

36

14

70

98

88%
241
47

84

37

100

14%
17%
25%

100

36

preferred
Mobile & Birmingham—

23

53

35

1%
4%
%

b Basis,

-.100

38

34

100

7% preferred series A.....100

5%

%
1%
60

100

800""

%
2%

100
100

Southern Pacific Go
Southern Ry common

3%
86
33

Vermont & Mass (guar)
Vicksb Shrevep & Pac

Minneapolis St P &

com.

*

common

%
1
2

Valley RR (N Y)

60

650

S S M—
4% leased line ctfs

Line

69

18

5%
16

100

Hav(gu)__50

Air

4-2% non-cum preferred
100
Shamokin Vail & Pottsv
(gu)._50
Sharon (guar Erie)
50

14
36

139

"6%

50

Michigan Central (guar)
100
Midland Valley common..... 50
Preferred
50
Mill Creek & Minehill Nav
(gu)25
Mine Hill & Schuyl

Joseph South Bend & Sou—
Common
(guar)
100
Preferred
(guar)
100
St Louis Bridge 1st pref
(gu)_.100
2d preferred (guar)
.100
St Louis-San Francisco
Ry
100
6% non-cum preferred
100
St Louis Southwestern
100
5% non-cum preferred...^.100
Saratoga & Schenectady (gul.100
Schuylkill Valley Nav & RR(gu)50

Utica Clinton & Bingham
(gu)100
Preferred (guar)
100

385

5"

Pref (guar N Y Central)

amount.

*

50

Pittsburgh & Lake Erie
50
Pittsburgh & West Virginia... 100
Youngstown & Ashtabula—
Preferred (guar)
100
Pittsfield & No Adams (guar) .100
Portland & Ogdensburg (guar) 100
Prov & Worcester
(guar)
100

Preferred

34

Morris & Essex (guar)

86%

15

Preferred (guar)
50
Pitts Cin Chic & St Louis
(gu) .100
Pitts Ft W & Chic com
(gu)._100
7 % pref (guar Pa RR)
100

80

48

18

18

152
74

113

_

100

Ooal(gu)

~4%

20

50
50

conv

100

Piedmont & Northern
Pgh Bess & Lake Erie (guar)

8%

..100

5%

111

50
RR)_100

Seaboard

4%

Lackawanna RR of N J (gu)„.100
Lake Superior & Ishpemlng
100
Lehigh Valley...
50

Missouri Pacific com.

nH

5c

184

100

7% guaranteed

56

Mo-Kan-Texas RR

50%
%
2%

2%

Phila Germ & Norris
(guar)..
Pbila & Trenton (gu Pa

150

4%
55%

com

Mississippi Central

115

20%

Reading Co

24

Massawippi Valley (guar)
„

4.00

iil%

100
...100

1%
45

%

1%
%
15%
15%

100

Marquette Ry com
5% preferred
5% prior preferred
Peterborough (guar)

3

42

44

5% preferred

2
-

Eastern

17%
73

Railroad Securities Co—
J4 % 111 Cent stk ctf 1952..1000

1%

23

Coal

&

Pore

Pitts

42%

t Quotations represent dollars per $100 face
Nominal,
x Ex-dividend,
y Called Oct. 1 110.




83

50

100

M iin? Central

2
2

7%

*»

38

55

Kal Allegan & Gr Rap (gu)_.100
K O St L & Chic—Pref
(gu)..100

.

.•

1%
1%
1%

-

35

14%
26%

Internat Rys (Cent Am)
5% preferred
Jollet & Chicago (guar)

2
'

7
2

—

71

1%
3%

14%
25%

Mahoning

1%
1%
1%
1%
1%
75c

5% class A.....100
8 % class B
100
7% class O
100
10% class D
100
4 % % class E
100

6% non-cum pref stamped.. 100

74%
77%
2%

2

100

35""

66

45

•

Preferred

24

(guar N Y O)
50
Belgian Nat Rys Co—
American shares partlc pref...
Boston & Alb (guar N Y U)..100

32

Non-cum 6% pref series A ..100

10

100

101

non-cum

42

St

.

50

5

Leased lines (guar)
..100
Stk tr ctfs—See RR Securs Co

70

100
100

4

100

preferred
.100
Hartford & Conn Western.-.100
Illinois Central..
..100

"72

15

com..

>0
50

6%

20

common

4%
5%

6%

Gulf Mobile & Northern com. 100

30

100

4% non-cum pref
Bangor & Aroostook

77%
49

3%
4%

Preferred (capital stock
*
Green Bay & Western.......100

71%

85

Atlantic Coast L Co of Conn. .50
Atlantic Coast L RR com
100

Baltimore & Ohio

76

47

Greene (guar D L & W)

50
50

Atlanta & West Point

68

4%

Great Northern Ry—
Iron Ore Prop trust ctfs

Alabama & Vicksburg (gu)
100
Albany & Susquehanna (gu)..100
Albany & Vermont (guar)
100
Alleghany Corp common
•
5%% pref (with $30 warr)_100
5%% pref (with $40 warr)_100
5%% pref (without warr)..100
2 % % prior conv pref
*
Allegheny & West (6% guar). 100
Atchison & Eastern Bridge
100
Atchison Topeka & Santa Fe.100
5% non-cum pref
100
Atlanta Birm & Coast pf (gu).100
Atlan & Char Air L (guar)
100

64

2

Genesee & Wyoming
100
Georgia RR & Bank Co (gu)_100
Georgia Sou & Fla common
100
1st preferred
100
2d preferred
100
Goshen & Deckertown (guar)
10

STOCKS
com

130

100

Ft Wayne & Jack pr»f (guar).lOf)

Worcester & Conn Eastern

Preferred

Peoria

33"

1

European & North Am (guar) 100
Fort St Union Depot (guar)..100

5%

4s

MvVN

.

31

100

4 % non-cum 1 st preferred.. 100
4% non-cum 2d preferred..100
Erie & Kalamazoo (guar)
50
Erie & Pitts (guar Pa RR)
50

9%

7

Ry—
1st gold 4%b 1943
J&J /
Yosemite Vaits f g 5s 1936.. J&J /

2
4

90

41

W'msport (guar)—

100

100
pref
100
No Carolina (guar Sou
RR)_.100
North Pennsylvania
(guar)
50
Northern Cent (guar Pa RR). 50
Northern Pacific Ry
..100
Northern RR of N H (guar).. 100
Northern RRof N J (guar)
100
Norwich & Worcesterpf (gu)_100
Ogden Mine RR (gu Cn N J). 100
Old Colony (gu
NVNH&H)..100
Certificates of deposit
Ontario & Quebec (guar)
100
Oswego & Syrac (gu D L & W) 50
Passaic & Delaware (guar)
50
Passaic & Del Exten (guar)..100
Patereon & Hudson River
(gu)_50
Paterson & Ramapo (guar)
50
Pemigewasset Valley (guar)
100
Pennsylvania RR
50
Pennroad Corp com
1
Peoria & Bureau Val (guar)..100

37

Preferred (guar).
Erie common

preferred

Adjust 4%

pref-100

100
50
50

conv

Norfolk & Western Ry

44

Elmira &

9%

A&O

1%

42%

6% non-cum preferred
East Mahanoy (guar)
East Pennsylvania (guar)

1st gold guar 4s 1960
J&J
112%
Winston Salem Term 5s '66.A&0 V no
Wisconsin Central Ry—

Sup & Dul Dlv 4s 1936
M&N
Certificates of deposit....

7%

N Y Ontario &
Western......100
Norfolk Southern
..100

17%

Dover & Rockaway (guar)—100
Duluth South Shore & Atl—•
76

100

„

119

5% non-cum preferred
100
Detroit Manufacturers (guar) 100

.

J&J

%

117

Detroit Hillsdale and
Southwestern (guar)—
Detroit & Mackinac Ry

50
100

Delaware (guar Penn)
Denv & Rio Gr West 6%

1st 5s extended 1948
J&J /
24
Wichita Union Terminal Ry—
1st g gu 4 %8 1941 opt
105
M&N
Wllkes-Barre & Eastern—
1st guar g 58 1942
J&D /
9
Willamette val Southern Ry—
6s 1939
F&A
15%
Wilm & Newborn 4s 1947
F&A
70
94
Wilmington & Nor 4%s '77.. J&D
Wilmington Ry Bdge 5s *43.A&O
92
Winston-Salem Southbound—

100
100

"

.50

106

.-25

'

1

Delaware & Hudson Co
100
Delaware Lack & Western.-- 50

2%

6% preferred series A
com (gu)
"

68

non-cum

♦

N Y & Harlem

340

5%

100

N Y Chic & St Louis com

%

64

(guar)
100
pref (gu).-.--100
Cleve & Pitts (gu Pa RR) 7%.50
Special guar 4%
-50
Colorado & Southern
---100
4 % 1 st non-cum preferred -.100
4% 2d non-cum preferred--100
Columbus & Xenia (guar)
50
Concord & Portsmouth (gu)__100
Conn & Passumpsic pref (gu)-100
Consol Rys of Cuba 6 % pref. 100
Cuba RR 6% non-cum pref—100
Dayton & Mich com (guar)
50
Preferred (guar)
-50
Delaware & Bound Br (guar). 100

85%

New Orl Texas & Mexico
New York Central RR

2%
%
2%

325

Common

1980
—-J&J /
Wichita Fails & Southern—

48

-20

Clearfield & Mahoning (gu)—50
Cleve Cine Chicago & St Louis

20

Unstamped (guar L & N)

60

%

72

44

Nashv Chatt & St Louis
Newark & Bloomfield (guar)

95%

2

29
33

50
New London Northern
(gu)-.lOO
New Orleans Great Northern.100

35

1%

Bid

25
25
100

23%

34%
93%
45

Par

Nashville & Decatur—
Original (guar L& N)

21

Preferred
J GO
Oin Union Term 5% pref... .100

62

16

6

4%
20

—- -

New common
48

20

Preferred (guar)------—100
Cin New Orl & Texas Pacific—100

109%

5s

div

t-;Xx

(guar) .100
:— — -*

5% non-cum preferred
100
Chicago & North Western
100
7% non-cum preferred_-_--100
Chic R I & Pacific common—100
7% preferred
J 00
6% preferred
100
Cinn Inter-Terminal—

67
37

I m

1st gen g 4s 1949
Certificates of deposit
1st & ref 4s 1959

Jersey-

Common

Equipment trust 5s
Western Ryof Ala4%s '58.-A&O
80
Wheeling & Lake Erie RR—
Ref mtge. 4s ser D 1966..M&S d 105
1st consol gold 4s 1949
M&S
114%
Wheeling Term 4s 1940
F&A
101%
White & Black River Valley—

A1 Great Southern

39

4% preferred-------------100
Chicago Ind'polls & Louisville 100
4% non-cum preferred-----100
Chic Milw St Paul & Pacific—

-

6%

30

1st M 5s 1946series A....M&S f
Assented 5s 1946

RAILROAD

37
17

Morris & Essex Exten
(guar).100
Mt Carbon & Pt Carbon
(gu)
50
Nashua & Lowell (guar)
100

Chesapeake Oorp
Chesapeake & Ohio common...25
Preferred series A..—-----100
Chestnut Hill (guar)
-50
Chicago Burl & Quincy..
100
Chicago & Eastern Illinois—6% preferred
J 00
Chicago Great Western com—100

18

•

1951

39

Chattahoochee & Gulf

50%
18%

....

17
42
11%

Western Maryland 4s .l952.A&0
85%
1st & ref 5%s 1977 ser A_. J&J
90 %
Eq tr 4%s E 1939-1941...J&D b
1.50
Eq tr 2Ms 1939-1946.
2.00
J&D b
Eq tr 2s G 1940-1949&0.50 to
West N Y & Penna 4s 1943. A&O
106 %
Western Pacific RR Oorp—

S'easlern

Stocks

37

Central of New

M

25

....

West Shore 1st 4s 2361
J&J
West Virginia & Pittsburgh—
1st g s f 4s 1990
A&O
West Fruit Exp—See Gr Nor

&

Ask

(guar)..50
2d preferred (quar)---------50
Cayuga & Susq (gu D L & W).30

39%
18%

....

f
/
/
/
/
/
Toledo & Chic 4s g 1941..M&S /
Omaha Div. 1st 3 %s g *41. A&O /
Wabash Railway Co—
Ref & gen 5%s 1975 A
M&S /
Certificates of deposit..
/
Ref & gen 5s 1976 ser B..F&A /
Certificates of deposit
/
Ref & gen 4 %s 1978 ser C. A&O
/
Certificates of deposit
/
Ref & gen 5s 1980 ser D..A&O /
Certificates of deposit.
/
Warren 1st ref g 3%s 2000..F&A
Washington Central Ry—

Marshfieid

Bid

Stocks
Oatawissa RR 1st pref

2d gold

1st

Par

Ask

Wabash Railroad Go—

Corp....100

6% non-cum preferred.....100
Wheeling & Lake Erie Ry
100

4% prior lien

5

27%

13

57

154%
124%

1

53
24
53

3%
44

5%
%
%
43%

......100

65

fi% % cum preferred
IOC
Wilton (guar Boston & Me)..100

28

d Called Sept. 1

at 105.

/This price includes

99

accrued interest

f

NOTICE—All bond prices are "and Interest" except where
Quotations for all

Ask

Bid

Par

Stocks and Bonds

Per
Adams Express com
Coll trust 4s 1948
Coll trust 4s 1947

10434

11.89
3.51

F&A

Administered Fund 2d inc....--*
Affiliated Fund com........ 1-25
Sec cony deb 6s 1944-47—J&J

12.65
3.89

—

_

10034

10234
10134
1%

10034
1%
1334
34

Series B

34

Forelgnln534s47F&A

Dominion-Scottish Invests Ltd—
1st coll 4s series A 1952..-J&J

97

American European Secur—...•
Coll tr s f 5s 1958 ser A——J&J

-—.M&N
100
American General Corp.—...10c
$2 preferred——.......1
$234 preferred—
——
1
S3 preferred—1
Amer General Equities Ins...25c

6s series B 1958
American Express Co.

5X
103%
4%
3234

Amer International Corp

--*
1949
J&J
Amer Insuranstocks Corp-...--*
Amer Investment (HI)—....
$2 preferred
5% conv preferred50
Conv 534s

Fourth

534
103 %

5X
3334

60

1

Option warrants-

6%
4%

1

aim..50

14

60
Industry Shares..—.—10

6% preferred

$2.50 prior preferred
6% profit share deb

2034
54%

—

*
*

1956—Q-J

10
106
1

....100

4134

Boston Fund lac
Boston Personal Prop Trust
*
British Type Investors A...—1
Broad St. Invest Co Inc....—-5
Bulloclr Fund Ltd

15.46

$3

conv

preferred

............

ft*
107

IX

Blair & Co
Blue Ridge Corp common

20%

2%
134

15

14c

29c

24.96

26.70

13%
34
7%

14%

6s series A1959
A&O
Canadian Invest. Fund. Ltd...1
Canadian Plow & Pap Invest Ltd—

94

96

Deb 6s series A1958
F&A
Capital Administration cl A....1
$3 cum pref series A
10
Carey Trust..
...*
Carriers & General Corp.
1
Deb 5s with warr 1950.-M&N

71

........

*
25

Burco, Inc common
$3 conv preferred

Cent-Illinois Securities Corp—1
conv

9^
2%
3%

Preferred

100

Preferred__.J^
100
Cleve Securities 4-6s to 1943.J&J
Commercial Credit common
10
4 34% conv preferred100
_

3H% debentures 1951

41

conv

A&O 1103%

preferred-

54X

•

105

2.430
138
50

48%
110

10434
55%
111

Commonwealths Distrib'n Inc_.l

IX

Commonwealth Investment..—1

3.40
60c

Commonwealth Secure common. 1
Preferred....
Consolidated Invest Trust com.l

38

44

48%
10834

Commercial Invest Trust——*

$4.25

1

2.400
135
48
107

100

-

11.01

IX
36%

—

26.16

10.17

... .....

4%
3%
3%

24.33

Chemical Fund
1
Chicago Corporation.
*
Convertible preferred
*
Christiana Securities com—-100

City Investing Co

97
25
2

1

7% preferred
•
100
Conv preferred
....100
Conv pref series of 1929..—100
6% cum preferred
.100
Century Shares-Trust.........*
.

7*

93
22

Cent Invest Corp 5-6s *57--A&O
♦Central Nat Corp class A—..*
♦Class B
._.—.*

Central States Elec Corp....

334
9333

6*

-*

preferred

7%
45
78

3%
9234

—

$1.50

1%
3.70

70c
17

1634
2834

29

16

18

Continental Securities Corp—

Debenture 6s May 1 1942—
Continental 8hares—

/

♦6% preferred—..
100
Corp Securs 5% ctfs 1935..M&S
Corporate Trust shares old ser—1

2.43

1
1

2.32
2.32

AA

Accumulative series—
AA

(modified)
AGO (modified)..—.....

734

7

6%
„

X

2.76
2 76

105

10034
103%

10434

30.79

33.11

48
4.92

60
5.36

34

134

1,

38'

44

98%

9834
34
1634
234

,6*
2

77

%

7.39

8.50

—...

5.25

—...

9.59

5.70
10.37
9.16
7.61
7.96

Machinery
Metals

7.26
9.78
7.27

.....

7.03
6.59

7.48

—

Niagara Share Corp (Md)—Conv deb 534s 1950
.M&N
Class B common.....
5
Class A preferred.....——100
Normandie Nat Sec pref
*
North American Bona Trust Ctfs
North Amer Invest Corp com. 100
Collateral 4s 1951
J&D
6% preferred
100
534% preferred
100
North American Trust Shares—
1953
1955

49%
6

434s

71

25

s

934
10434

M&N
.F&A

f debs 1949

102

100

•

25
25

II

734
34
7%
834
33 34

%

Superpower Corp A com.*
Deb 6s 1963 (ex-warrants.-J&J

Shawmut Bank Inv Trust—

4

39c

5%
9434
100

14~23

15.22

9.00

9.90
102

10034
934

%
42

41

1 1942

% June 21
634
25
10.27
24c
47

M&S

5s March

1 1952

M&S

Sovereign Invest. Inc., com..10c

Quotations not furnished by sponsor or issuer.
n Nominal,
x Ex-dividend.

*

No par

value,
a

t Called Sept. 30 at 103 34.
>
.

'

-

n

on page

d Called Aug. 9 at 102.

e

10

105

10.77
26c
49

%
%
34
1

34
34
2

13

14

38
46

40

90

100

1

59
9.30

49

134

10".l4

4.21

"%

%
6134
6%

63

62

63

10%

1034

7

„

434s Mar

34

1134
9434

94

5 34

26

18
3

30

—

Preferred

3%

72

46*

Italian

5

334
9834
9834
173'
23

_____

Investors Trust common...

834

4

Debenture 434s Feb 1 1947—
Debenture 4%b Dec 15 1952—

6

7%

Class B...
——-*
Petroleum Corp of Amer
5
134 Phoenix Sec Corp
*
48
$3 conv pref class A
—10
1948
834 Plymouth Fund Inc
10c
834
Heller (W E) common
..,.2
Preferred w w
25 c
2634 July 22 Prudential Investors..
—*
25
Preferred x-w_
-_-25
July 20
$6 preferred
——_..*
4s with warrants 1946—A&O
10234
10234 Pub Util Investing 5s 1948.A&0
75
Pub Util Sec $7 partic pref.—..*
Household Finance com
*
7234
109
11034 ♦ Putnam (Geo) Fund
5% preferred
100
15c
35c
Quarterly I a come Shares..—.10c
♦Huron Holding Corp..——...1
4
5% deburies A 1942
M&N
Hydro F.lec Sec com
—*
Railway & Light Securities com *
illuminating & Power Securities—
Conv coll 4 %s ser "11" *55 A&O
9534
1st preferred..
.—....100
16.30
17.53 Railway & Util Invest A—....1
Incorporated Investors.——..5
3 34% preferred
2.19
—*
Independence Trust Shares.....*
2
Reliance Internal Corp com A 10c
1
Independence Fund of N A. ... .5
Industrial Finance vtc
1
34
Preferred
—*
12 34 Representative Trust Shares
Preferred
100
1134
10
Republic Investors Fund... ...
Institutional Securities Ltd—
1.09
1.20 Reynolds Invest 5s 1948.—.A&O
Bank Group shares
1.33
I.46
Common stock
1
Insurance Group Shares...
$6 preferred
.....*
Insull Utility Invest—
Rossia International Corp
*
Deb g 5s Jan 1949—...F&A f'
Deb g 6s 1940 B with war.. J&J
% Royalties Management A
90c
♦Schoellkopf Hutton and
Insuranshares Co of Delaware.. 1
Insuranshares (Md) ctfs Inc...1
5%
534
Pomeroy Inc common....-10c
2
Seaboard Commercial—
10
International Holdings & Inv
.*
134
7
New common
634
5% preferred
50
International Utilities class A
834 Second Carey Trust
100
734
Class B
%6 Second Nat Inv Corp Cord—---1
34
18
$5 conv preferred
1
1634
$1.75 preferred
*
37
$3.50 prior preferred
3834 Securities Co of New Jersey—
*
k
June 13
6s series 4 Nov 1942..——.
Warrants series of 1940-..
Securities Corp 'General com—*
Interstate Bond Co—
$6 preferred
——*
9934
434s coll tr AAA 1940-43.. A&O
Selected Amer Shares Inc
234
100
5s coll tr BBB 1944-51—.A&O
Selected Income Shares
1
4s coll tr CCO 1939-42—M&N
9934
Selected Industries com—
-*
44
Invest Bond & Share5s A'47J&D
19
$5.50 prior stock
.......25
Investment Co of Amer.—.—10
1734
II.18
Convertible stock—
5
10.49
Investors Fund of Amer Series Ol
Investors Royalty
%
%
Allotment certificates ........
20
Preferred
25
25
Shawmut Association
.....*
34
434

3

5

-

i

934
10334

~2"

....1

Preferred
...—1
Oilstocks Ltd
Oklahoma Southern Trust
10
Old Colony Invest Trust Com—

Old Colony Trust Assoc
Overseas Securities Co
Deb 5s April 1 1948
A&O
(Pacific Finance Corp (Calif)
10
4.24 'Pacific Investing Deb oe 1948 J&J
6.15 Pacific Southern Invest pref—*
5.72
Class A
*

5.25

*
---*

—

30

30

2.35
2.82

3.74
6.02
6.95
4.67

4.28

96

2.40

Oils & Industries com

5.91
5.19
8.18
7.16
7.08
4.97

5.43

634

94
26

2.77

Deb 634s w w 1944
69

102

5%
July 17

88
15c

1956-—

68

7.61
7.14
8.10

99%
:

Northwest Bancorporation..
*
Ohio Finance conv 5s 1951.-F&A

'

10.57
7.87
9.12

8.43

Railroad equipment.

16

k Last sale,




7.03

.........

Continued

a

8.47

........

Building supplies
Electrical equipment

79

13

3.89
5.65

$6 1st preferred-.
$3 2nd preferred
Debenture 5s series A

i".3§
13.48

Steel stocks

6.51
4.56
3.43
5.53
6.39

Guardian Investors com.......1

74

1.26

Agricultural—.............
Automobile

Oils

6.58

Tobacco Shares

4.20

134
634

12.51

.............

New England Fund.—

4.60

7.52

Steel Shares....

74

6%

New York Stocks, Inc.—

I

Insurance

Railroad Equip Shares

40

3.70

7.69

4.30

Petroleum Shares..

8%

Canadian Internal Inv Trust—
3.85

25c

2.77
3.71

4.76

Investing Shares....
Merchandising Shares
Mining Shares

6.28

634

Nation Wide Securities Co

5034

Chemical Shares....
Food Shares

1434

2134

5.90

Aviation
Bank stocks...

Building Shares

16.62

21

......

7.75

Automobile Shares.—.
Aviation Shares....

42

\V*
97

1958

Pref allot ctf 25% 1st pref..*
Gleneagles Invest 6s June 15 1944
Great Britain & Canada Invest¬
ment Corp 434s 1959
A&O
Group Securities, Inc.—
Agricultural Shares..—

10%

94

1934

Voting shares

-*
—F&A
General Capital Corp
——*
General Investment Corp..—-1
$6 preferred-.-..
—*
General Investors Trust-.
.1
General Public Service Corp
*
$6 preferred
-*
Conv deb 5s 1953
J&J
Gen'l Realty & Utilities com.,— 1
$6 preferred
--*
Gen Shareholdings Corp com—1
3 conv pref ww—
*

11.94

1034
1434

*

Trust—
conv pref stamped—;
.....*
Nat Trust Shares Remodifled
1

German Credit & Investment—

15

3.73

*

Beneficial Loan Society

7H

National Investors..

20.14

2.50
3.35
9.56
6.98

American
$6 preferred...
Deb 5s Feb 1 1952

General

41

Nat Republic Invest

134
18.70
17%
7.01

5.79

3
60

Bankers Nat Investing—

34
2834

2%
36%
4%
2734

10.92

10
5

5% preferred ser A w w.
100
Nat Bond & Share Corp........*

5.06
4.58

55

9%
47%
1%

29.87

2
•
Investors—*

Class B

5%

National Bond & Invest com

Fundamental Investors Inc
2
Fundamental Trust Shares Inc—
Class A

3£7/*
98

84

18.89

50

4%
2
*
97
5% preferred
—100
10-year deb 3s 1946
J&D d 102
13
Atlantic Secur 4%s A 1953-A&O
8%
Atlas Corporation common——5
40%
6% preferred
......-60

Basic
Beneficial Industrial Loan

82

17.37

26

Associated Stand. Oil Shs..
Associates Investment Co.

Mutual Investment Trust
National Aviation com

Common with warrants..—-1
1
Common ex-warrants

49
2
55

Associated Gen Util com v t c___*
Inc deb 5s w w 1956
M&N(£
Income deb 4s 1961
M&N

634

National Investors—

25

—

2634

Midland Invest Corp (Mo)—
3s 1953
M&N

2834

28

4%
5.25
22.49

20.92

1
1

2%
3634

6

27.78
3^6

_

7.85

4.75

10c

27

-

47c

42c

19.00
103

24

434

6 % conv partic preferred— .50

14 34

45

17.69

i*

rtr

26

23%

Merchants & Mfrs Sec A com__.l
Partic preferred
___*

13%
40

101

4.60

7.11

Massachusetts Investors Trust.
Mass Utilities Associates vtc

1

12,20

34

Corp.......__5

Maryland Fund Inc

14.15

2%

S3 preferred
$6 60prior pref—--—Amer Cities Pr & Lt cl A
25
Class A opt div ser w w
25
Class B.
1
Amer Elec Sec partic pref—...1

•

99

%

8$

10c

6.50
1.31

16.77
16.59
11.27
15.60

4.09

Lawyers Mtge Inv (Boston)—
1st 5 34s series B 1945
-M&8
Lehman Corporation..—...1
Marine Midland

1% Eastern States Corp com
*
July 26
$7 preferred series A
—*
May 29
$6 preferred series B
*
22%
23H Eas Util InvestDeb6sl964U&S 16
Eaton & Howard Management
Fund A-l
-*
96% Economic Inv Tr Ltd 5sA'57M&N
9534
5%
634 Empire Capital Corp A
5
3.52 Empire Power Corp partic stk-*
3.18
1%
$6 preferred
*
Equitable Invest Tr (Mass)
6
19
Erniity Corp common...
10c
74
$3 conv preferred
1
34
Equity Shares................1
33
34X Fidelity Fund. Inc
134
1% ♦First Boston Corp
..—10
3
First Mutual Trust Fund
1X
6
Fiscal Fund, Inc.—
5%
103
Bank stock series
10c
103
Insurance stock series
10c
160
500
Fixed Trust Shares series A—.10
4%
4«„ Foreign Bond Associates Inc..10c
29
2934 Foreign Power Secur Corp—_
33
1st coll tr conv 6s A 1949- J&D
31X
40
35
Foundation Trust Shares ser A—1

Corp A........10c

14.16

Manhattan Bond Fund Inc

1

Amer Business Shares..........

—-

1

29.94
24.46

11.03

Series S~4
Larkins Warr Ttust—........10

3.75
5.80
1.21

25c

27.37
22.33
15.30
15.14
10.17

.

Series K-2
Series S-2
Series 8-3

25

Domestic &

.53

48

17.23

3.01
2.65

Dshares.........__.....2.60

49

Series B-l
Series B-2
Series B-3.
Series K-l

15.94
1.60

...—.1

Diversified Trustee Shares—
C shares—.......

16

45

Amer Business Credit A........1

♦Glass A.

-*

Dividend Shares........

(Mass)—
Deb 4 34s with com shs 1967-—
Aldred Investment Corp (Can)—
Deb 434s with com shs 1968—Alliance investment com—
*
Allied Int Investing Corp com—*
$3 convertible preferred-——-*
♦Amerex Holding Corp
*
Amer British & Cont Com-.---*
$6 preferred
---*
Deb g 6s 1953—
-F&A

Bankers Securities Corp

113
4.79

Deposited Bank Shs N Y ser A—1
Deposited Insur Shs. ser A
1

Aldred Invest Trust

Amer Capital
Class B_

35"

—100

Ask
share

Keystone Custodian Fund—

29%

32%

com.....10

preferred

Cumulative Trust Shares...
Delaware Fund

101

102

Conv deb 6s 1948-----—J&J
Sec conv deb 4%a 1949—J&J
Air Investors Inc
*
Convertible preferred...—.
Warrants-...——--——*—-

27%
118

♦8%

♦Crum & Forster Insursh B

Bid

Pa

Per

10

•Crum & Forster Inc

104
-

Stocks ana Bonds

share

♦7% cum preferred....—-100

8%

10234
10234
10734

-

Ask

Bid

Par

Per

_

M&S
J&D

4Mb stamped 1946

Stocks and Bonds

share

8%

—-

marked "V and Income and defaulted bonds

securities are as near as possible for the closing day of the month preceding the date of issue

85
80

83""

68c

75c

84

Ex-coupons.

/ Flat price*

Utilities

Public

electric power, water, telegraph, telephone and bridge companies.)

(Includes street and electric railways, gas,

prices are "and interest" except where marked
Quotations for all securities are as near as possible for the closing day of

NOTICE—All bond

Bid

Bonds
Adriatic

Electric

Co

Atlantic Co Wat 5s '58 ser

(Italy)50

Ala Qas Co 1st M4Hi 1951-1
Alabama Power 1st 5s 1946-L
1st & ref 5s 1951
J&J
1st & ref 5s 1956
M&N
1st & ref 4 Ms 1967
J&D
1st & ref 5s 1968
M&S
—

52

100%
107%
103%
102%
101%
103%

101%

101%

102%

108%
104%
103%
101%
104%

A

1st M 5s 1957ser A

J&J

cons

1st coll 4s Jan 1

Deb g 6s 1952 ser A

M&N

%
%
%

u

J&J
J&J
1975------J&J

26%
87 M

Baltimore Transit Co—

Deb 5s series A 1975

%

A&O f

103%
68

5s

mtge 5a
conv

20"

1st g 5s 1955 ser

63

64

1st g 5s 1957 ser B
1st mtge 5s 1960 ser

1934.J&J /
7
Amer G & E deb 5s 2028. --M&N
108
Am Gas & Pow deb 3-5s "53-F&A

50

Secured deb 3.6-6s 1953
J&D
Am Pow & L deb 6s 2016-..M&S
Amer Rys Corp coll 4 Ms '53.A&0

8%
108%
50%

56%
99%
66%
49%

Debenture 4 Ms 1963
Amer States Public Serv—

1st 1 5 Ms 1948 ser A
I >eb 6s 1938.
Amer

A&O

57
100

67%

M&N /
J&D /

Deb 5 Ms Nov 1

1943
25-year deb 3 Ms 1961
30-vear deb 3 Ms 1966

M&N

A&O
J&D

110%,
109%
109%

110%
110

109%

SMsseries D, 1945

F&A
Amer Util Service 6s 1964--M&N
Amer Water Works & Electric—
Deb 6s 1975 ser A
__M&N
Deb 5s 1975

ser

J&D

B

103

103%
89%

87%
107

108%
99

98%

Ana&Pot R RR-See WashRy&El

Anchorage Lt & Pow 7-5s'43 F&A

86

89

35

38

Androscoggin W Pow 6s *45.F&A / 39
Appalachian Elec Power—
108
1st mtge 4s 1963
-.F&A
107
8 f deb 4Mb 1948
F&A
125
Appalachian Power 6s 2024--J&J
Ardmore St Ry—See Phila Co

43

Arizona Ed

M&S

J&J
A&O
J&J
A&O

1960

Income 6s

1960

Arizona Power 5s 1950

127

105%

1st & ref 4Ms 1950
F&A
Ark Louisiana Gas 4s 1951..J&J

102

70

71%

73

75

105

100%

Arkansas P & L 1st 5s 1956-A&O

106

101%
106%

Arkansas Western Gas Co—

A 1953
A&O
Ashl'd Home Tel 4 Ms A 1961A&0
Ashtabula Wat Wks 5s 1958.A&0
Assoc

ser

Elect

6s Jan 1

4

J&J

Ms 1953

1961

J&J

Associated Gas &

49

37

40
46

42%

Conv A 5s 2002

Q-F /
Q-M /
Q-F /

Conv A 6s 2002

Conv A 7s 2002

44

39

41

37

38%
36%

35

40%
8%
8%
8%

1978
1978

42"

Coll trust

ser

9%
9%

Coll trust

52

84

86

75%

76%
72%

M&S

F&A
A&O

M&N
M&S

42%
37%
35%

35%

43%
38%
36%
36%

Investing Companies.
Associated Pub Utilities Corp—
1st lien 5s 1947 ser A
J&J
Deb 68 series A 1958
M&N

74%

74%

61

106

79
1955 ser A
M&N
Util deb 5s 1942A&0 / 43
Certificates of deposit
/
43
Conv deb 6s 1941
M&S /
42
Certificates of deposit.
/
42
Conv deb 5%s 1944 ser O.M&N /
43
Certificates of deposit-.
/
43
2-yr 6 % notes 1933
A&O / 136
Certificates of deposit
/ 136
Athens (Ga) Ry & Electric—
104%
1st & ref s f g 58 1950
J&J
Atlanta Gas L 5s g 1947
107%
J&D
Gen mtge 4Mb 1955
105%
M&S
Atlanta Nor Ry—See Ga Ry & El
Atlanta Wat El & Pr 5s 1943 J&J
104%
Deb 5 Ms
Assoc Telep

1942.-F&A

5s

1944

A&O

Bklyn Un Elev—See Bklyn Queens
Bklyn Un Gas 1st cons5sg'45M&N
1st lien & ref 6s '47 ser A. .M&N
1st I ien & ref 5s ser B 1957 M&N
Deb 5a 1950
J&D

See

Associated Telep Co Ltd—
1st M 4s series B 1965—
J&J
Associated Telep & Teleg Co—

3 Ms 1943.-M&N
3 Ms 1944.-M&N
3 Ms 1945
M&N

3Ms 1946--M&N
Coll trust ser 3Ms 1947—M&N
Coll trust ser 3 Ms 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 Queens Co & Sub—
1st m g 5s 1941 (stpd)
J&J
1st con 5s July *41 (stp)—M&N
Bklyn Un Elev 5s 1950
F&A
Kings Co El 1st 4s 1949
F&A
Nassau Elec 1st g 4s 1951--J&J
1st

Buffalo General Electric—
Gen & ref 4 Ms 1981
Buffalo Niagara Electric—

106%

Gen & ref M 3 Ms ser O
2s deb A 1910-1942

80%

3s deb B 1943-1947.3 Ms deb O 1948-1952

F&A

67. J&D
J&D

..J&D
J&D
Buff & Niag Falls El L & Power—
1st gold 5s 1942
F&A

103 M

101
104 M

105%
111

109

•

111

J&J
J&J

—

99M

Atlantic City Gas 5s 1960
1st lien & ref 5s 1957

-J&J

109

J&D

105

103
102 %
102

4s Dec 1 1945

4s Dec 1 1948

Light 3 Ms '66—A&O




.

loo"

101

Power—

118

103 M

104 M

Cent Mexico Lt
1st s f 6s 1940

108

109

Central N Y Power Corp—
Gen mtge 3%s 1962

101M

102

108

&

54

58
62 M

103

109 M

102%
95%

Central States Edison, Inc—
1st coll inc 3-5s 1950
M&S

78

w*
86

84

76

78

75

76 M

75

Deb 5 Ms

1%

75

43%
43%

1953.J&J

72

72%

J&J

47

50

J&J

M&S 15
&

Lt Corp—

1st M & 1st lien 5 Ms
Debenture 5s 1944

76

Cent States Utilities 6s 1938.J&J /

76

74 M
74 M

76

Cent Telep (Del) 6s 1938—M&N /
Cent Vermont Public Serv Corp

74 M
74 M

76

74 M

76

74 M

76

76

1st mtge 3 Ms ser B 1966.-F&A
Central West Public Service—

5Ms 1956

-

/

1%
14

3

107%

74 M
74 M

76

2%
2%

1%

73

1954
Pow

96%
104%

104%

42%
42%

Central States Elec Corp—
Conv deb 5s 1948
Cent States

36

107%
103%

105%

A&O

60 M

109%

107%

28

J&J

J&D
D.J&J
Cent Pow & Lt 1st 5s 1956—F&A
Cent Pub Serv Corp—
Conv deb 5 Ms *49
F&A
Cent Public Utii.(ws)inc5 Ms. 1952

109

107

Pow

Cent Pow 1st 5s 1957, ser

107

109

106%
107%

4 Ms 1940

sec

105%

104%

J&J

Central Kansas Pr 6s 1946--M&S

Conv

96

94

Co—

1st & ref 6s 1947 ser A
Maine

103%

103

A 1968--J&D

3M% ser debs 1939-1943—J&D
4% serial debs 1944-1948. -J&D
Cent Indiana Gas 5s 1957
M&S

108

83

Charleston Cons

Consol

Ry Gas & El
gold 5s 1999
M&S

105

Charleston Transit Co—

41%
38M

95

1st 5s 1942—

M&S

75 ^

42

Gen &

M&S

45

86

88

Coll trust 5s notes 1942

4l"

41%

86%
75

adj 5s 1952

M&S

70

'16.M&N

100

'56.M&N

100

Chattanooga Ry & Light—
1st & ref g 5s 1956 op
Chatt Rys 1st cons 5s

Chester Water Service Co—

113M
113M
105M
96

110M

113 M

114%
105 M
96 M

110%

104%

M&S

1st 4 Ms 1958 series A
Chic Aurora & Elgin RR—

J&J /

1st & ref 6s 1951

Chicago City & Connecting Ry
Coll tr s f g 5s Jan 1,1927. A&O /
Chicago City Ry—

110

1936
J&J /
ser A
J&J /
5Ms 1956
A&O /
Chicago Railways Co—
1st 5s 1927 stpd as to 25% pt
red and pay Aug 1, 1938—F&A /
Certificates of deposit
/
1st mtge gold 5s
1st & ref 6s 1955

102
103 M
103

1st & ref

110

Cons M 5s

118

Calgary Power 1st 5s 1960--A&O

104M

A Feb '27--A&O

Series B Feb, 1927

121

f 5s 1951.-J&D
Cairo Bridge 1st inc 6 Ms '58.J&J

ser

71

105%

J&D

104M

A&O
A&O

101

103

101 %

102%

J&D

-

-

5

8%

8

54%
2

1%
1
1

1%

58

55
55

56%
11

ff 10X

Chicago Rapid Transit Co—
1st & ref 6Ms 1944
J&J
Certificates of deposit-1st & ref 6s 1953 ser A
J&J
Certificates of deposit.
/
Adjust deb 6s July, 1963—J&J /
Certificate of deposit.

106

4%

53%

1st 5s (15% paid) 1927— -F&A
Chic North Snore & Milw RR—

5%
6%
6%
6%
6%

6

i/o

i

-

Chicago & West Towns Rys—

J&J

5%

1st mtge 3 Ms 1966——-F&A
1st mtge 3 Ms 1967
J&D
Cin Newport & Cov L & T—

110%

cum

inc 5s 1937

Cincinnati Gas & Electric—

108%
90%

1st ref 6s 1947 series A

107

1st 6s 1955

Called Sept. 1 at 103%

101%
99%
110%

4s Dec 1 1947

Cincinnati Street Ry—
1st m 5 Ms ser A 1952

*

102%

1st & gen 48 ser G 1960—A&O
1st & gen M 3 Ms ser H '66.F&A
1st & gen M 3 Ms ser J 1968J&D

105M

1st s f 5s 1964

99%

99 M

100%

-

116

Butler Water 5s 1957 A

California-Oregon Power—
Deb gold 5 Ms 1942
1st mtge 4s 1966

104

103
102

Central

20M

88

Atlantic City Sewerage—
1st s f 6s ser A 1956

103%
*

103

Central Indiana Power
106 M
109 M

120

s

26

3 Ms Dec 1 1943.

1st mtge 3 Ms ser

93

Ry
Burlington (Vt) G L 5s 1955.-J&J
A&O

91%
87%

90 M
86 M

Central Illinois Public Service—

101

108%
89%

F&A
J&D

99

104%

106M
109%

M&S

3 Ms Dec 1 1940
3 Ms Dec 1 1941.
3 Ms Dec 1 1942

1st

Atlantic City Electric—
Gen mtge 3 Ms 1964

Corp—
J&D

1st & ref 5s 1951

Cent Illinois

See International

106%

1st & ref 5s 1941

4s Dec 1 1946

Buffalo Traction—

Butte El & P 1st

1946-M&S

Cent Ohio L & P 1st 5s 1950. A&O

ser

100

97
103

1st mtge 3 Ms 1964
J&D
Serial debs 3 Ms Dec 1 1939

96 M
98

106%

103

1st & ref 3 Ms 1965
Cent Ills Elec & Gas Co—

100

95

93

-J&J

ser

Cent Hud Gas & Elec

M

98%
102

106

4s Dec 1 1944.

102M

M&S

.—J&J

1939

98
105

A '55 J&J

Cent El & Tel 1st 5s

28 M
28

118

Bklyn City RR 1st 5s 1941—J&J
Brooklyn Edison Co—
Consol mtge 3 Ms 1966
M&N
Bklyn-Manhattan Transit Corp
Coll, trust 4Mb 1966
M&N
Coll trust 3s 1940
M&N
Coll trust 3s 1941
M&N
Coll tr series 3 Ms 1942
M&N

103

64

100M

First lien coll tr 5Ms '46..J&D
Central German Pow 6s *34. J&D /

109

Brandenburg (Germany) El Pr—
Extl 1st s f 6s 1953
M&N /

ser

Assoc General Utilities—

Atl Beach Bridge 6 Mb

99 %
96 M

M&S

1st & ref 5s 1954 ser A
M&S
Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967. F&A
Brooklyn City & Newtown RR—

103%

101

Centra] Gas & Elec 6s

July 25

106

5s

103 M

Capital Traction (Wash, D G)
1st g 5s June 1, 1947
J&D
A&O

1st & ref 6s 1952

Deb g 4Ms Nov 1, 1941—M&N
Deb g 5s Dec 1942
J&D

ser

98%

..J&D

Income deb 4Mb 1978
Income deb 4s 1978

103%

43

J&D

6 Ms 1951
Canadian Utilities Ltd—
1st mtge 5s ser A 1955

24

90

Coll trust

J&D
—

28M
26

Bolivian Power 8s ser A '45-A&0
Boston Elevated Ry—

Coll trust

36

38"

M&S
F&A

1973

Conv deb 4Ms 1973..
Conv deb 4s 1973

Income deb 3 Ms
Income deb 3 Ms

42%
45

Elec Corp—

8s ex-warrants 1940
Conv deb 5 Ms 1973

'65—M&N
Mtge&Colltr3%sser D'68 J&D
Bleecker St&FulFy-See NY Rys
Bloomington Dec & Champagne
1st & ref 5s 1940.
M&N
Boise Gas Light & Coke Co—

Bridgeport Gas Lt 4s 1952..J&J

54

42

M & coll tr 4s ser C

51

44

53
50

Scrip 4s 1941
Scrip 4s 1942-

.

43

M&S

8 f inc deb 5 M-6 Ms A 1986 F&A
8 f inc deb 5-6s B 1986--.M&S

Associated Gas &

67%
71%

45

S f Inc deb 5s B 1983
M&S
8 fine deb 4 Ms C 1983—M&S

5s

102

104%
67%
70%

F&A

8 f inc deb 4s D 1983

Birmingham Gas 1st 5s '59.M&N

Brith Colum Pow 4 Ms 1960.M&S
British Columbia Telephone—

105""

104 M

76

/

4M % extended 1944
A&O
Birmingham Water Works Co—
1st m 5%s 1954 ser A
-A&O
1st m 5s 1954 ser B
J&D
1st mtge 5s 1957 ser C
F&A

7s Sept 1947

103 M

Cent Ark Pub Serv Corp—
1st & coll tr 5s 1948 ser A—F&A

__

1st 4Ms series B 1961
Broad River Power Co—

M&N
F&A
J&J

Conv deb 4 Ms 1949
Conv deb 4 Ms 1948-M&S
Cons ref deb 5s 1968
A&O
Cons ref deb 4 Ms 1958--.M&N

Conv deb

98%

Elec Co—

Conv deb 5 Ms 1977
Conv deb 5s 1965
Conv deb 5s 1950..

73
39

Birmingham Elec 4 Ms 1968.M&S

106%

104%

Arkansas & Missouri Power Corp
6s series A 1957
J&J

1st s f 6s

118

--F&A t 104

West End St 5s 1944

105

105%

d 105

M&S /

Term

Central Elec of N J 5s 1940.

Conv 5s 1957

104

F&A

1st 6s 1945-...-.
Income 5s

107%

101

1948

1st 5s

109

102 %

102%

M&S
'56J&J
107% Cape & Vine'd El 4s A '65
J&J

13 H
102 M

Rys—
A&O fk 28

Biddeford & Saco Water—

100 M
99 M

Blackstone Val Gas & Elec—

Androscoggin & Kennebec Ry—
1st 6s 1940....-

A&O

f 6Ms 1956

1st mtge s

117%

1951—J&D /
1959—F&A

Deb 68 Apr 1,1955
Berlin Elec Elev & Underg

102

Carolina P & L 1st 5s 1956

J&D

1947

4s series O 1956

American Toll Bridge—

75

125 M
129 M

128

A&O
J&J

1st mtge 5s 1958
Bergen Turnpike 5s 1951
Berkshire Street Ry—

Berlin City Elect 6%s
Sink fund deb 6 Ms

87
7

125

O
M&N
Bell Telep Co of Pennsylvania—
1st &ref 5s 1948 ser B
J&J
1st & ref 5s 1960 ser C
A&O
Bellows Falls Hydro-Elec Corp—

1st extend 6s

Telep & Teleg—

107%

.M&S
-J&D

A

101M
101%

Canadian West Telep 5%s

„

7s

Pow

98%
103%

Beaver Valley Water 5s '60-M&N
Bell Telephone of Canada—

Amer & Foreign Power Co—
Deb g 5s 2030
-M&S
&

99 M

-J&J

1978

notes

101M

Canadian Rail & Harbor—

-J&J

1978-

1941
3 M s May 1 1942—
4s May 1 1943
4s May 1 1944
4Ms May 1 1945
4Ms May 1 1946
Calif Water & Telephone—
1st mtge 5s 1965
M&S
1st mtge 4s 1969
J&D
Calumet G & E 5 Ms B 1960.J&J
Calumet & South Chicago Ry—
1st (35% prin paid) 1927 F&A
Camden & Sub Ry—See P S Corp
Canada Nor Pow coll 5s *53. M&N
Canadian L & P 5s '49 op *14 J&J

105

Beauharnois Lt Heat & Pow—■

5%
18

Fuel

96M

A&O

6 Ms Certificates of deposit 1953 /
Amer Elec Pow deb 6s '57 M&S 15 /
.

94

31M
27 M

112M

2d

109%

101

Ms May 1 1940—
—

104%

1st 7s 1953

83

Community Power—

Amer

12

100M

S f income 8s 1953

81

Ask

3 Ms May 1

---—A&O

1st 5s 1946

Bid
108

Serial 2

Bangor Gas Light 5s 1941—A&O
Bangor Hydro Electric—
1st mtge 3 Ms 1966
J&J
Bear Mt Hud Riv Bdge Co—

Power—

F&A /
.—M&N /
M&S /

Deb g 5Ms 1953
Conv deb 6s 1940
Am

J&J

1954

Commonwealths

102

Avalon Telep Ltd 4 Ms 58—A&O
Baltimore County Water & Elec

Deb 5s series B

5s 1930--J&J /
50
General 5s 1947
J&D /
37
Alliance Power 1st 6s 1952. .M&S / 100
Alliance Pub Ser(Ohio)5s *57 M&S
75
Altoona & JLogau Val Elec Ry—
Arner

A M&S

Augusta Ry & El 1st 5s 1940 J&D
Aurora Elgin & Chicago Elec Ry
1st 5s 1941—

Bonds
Calif Water Serv 4s B 1961-M&N

Ask

100%

Deb 4s series A 1975

Alabama Water Service Co—

Albany Ry 1st

Bid

Bonds

Ask

"f" and income and defaulted bonds
the month preceding the date of issue

t Called Aug. 1 at 104.

b Basis,

d Called Sept. 1 at 105.

ser

B__

/This price includes accrued interest,

111

111%

-J&J

86

90

A&O

77%

A&O

81

78%
84%

k Last sale,

n

Nom'l

PUBLIC

74

BONDS

UTILITY

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

NOTICE—All

Bid

Bonds

Crescent

77

77 M

76 M
77

76M
77M

Coll inc 6s B Oct 1 ,1954. -J&D
Cuban Telep conv 5s
1951—-J&J
1st lien & ref 7
Ms 1941.-M&S

87

M&N

1st mtge s f 4ks ser A
Citizens Utilities Co—

87 X
87

J&D
Telephone

F&A
A&O

37

38M

67

69

1953
J&J
City Gas & Elec 1st 6Ms *51 -J&J
City Light & Traction (Sedalia,
Mo) 1st 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—
5s 1941
J&D
City Water (Chattanooga)—
1st M 5s 1954 series B_.__J&D
1st M 5s 1957 serles O-. .M&N
Clarksbury-Columbus Short
Route Bridge 6 Ms 1952
J&D
Clear Springs Water Service—
1st 5s ser A 1958
M&S

64

67

1st coll 4-5 Ms 1948
Citizens Water (Scottdale)—

5s series A

1st

95

Delaware Vail Util

l—» oo Cni-»

H-'

Gas & El 1st g 5s
1st & ref 5s 1951
Stamped

99

Cleveland Electric Ilium—

108M
102 k

108k

M&S

109

109M

J&D

45

103

Coast Cos Gas & Elec—

6s
6s

1940

1942
Colorado Power 1st 5s
Colo Utilities 1st 5 Ms

-----

/

53—M&N

103 k

»i——«i—»' o o co &
co
cc

Deb g 5s 1952
A&O 15
Deb 5s Jan 15. 1961
J&J 15
Columbus (Ga) Elec & Power—
1st & ref 6s 1947 ser A—J&D
1st & ref 5s 1954 ser B—M&N
Columbus Ry Pow & Light—
1st mtge & colltr 4s 1965.M&N
Commonwealth-Edison Co—

,

108 k

108 k

110k
124%

111

115
Com'w'lth El 5s June 1 '43-M&S
Commonwealth Gas Corp—
Non-cum inc deb 6s (w s) 1948- /
42
Non-cum inc deb 6s (x s) 1948 /
26 M

Commonwealth Light & PowerRef & unif 7s 1962
J&J f
4
86
Com'w'lth Tel (Pa) 5 Ms '45 M&N
105
Com'w'lth Tel (Wis) 4s A *66 M&S

Community Power & Light Co—
Col M 5s 1957
M&S
Community Public Service—
1st mtge. 4s 1964
M&S
Community Teleph 5s Jan 1 1949
Community Water Service Co—
Deb g 6s 1946 ser A
J&D
Deb g 5 Ms 1946 ser B...M&S
Oonestoga Trac 1st 4s 1950--J&J
Coney Isl & Bklyn cons 4s '48 J&J
Connecticut Light & Power—
1st & ref s f 7s '51 ser A..M&N
1st & ref M 3Ms ser F '66.M&S
G '66-J&D
1956—.M&S

s ser

87 k

124 k

44

28

106"
88 M
104

5

7

73 M
36M

77
75 M
38

47

127M

Consolidated Cities L P &. Tr—
1st lien 5s 1962 stamped..J&J
Consol Edison Co of N Y—

Certificates of deposit

/

20-yr s f 6 Ms 1948
A&O
Duluth-Superior
Transit—
1st 58 1953 w s
M&S
Dumbarton B'ge 6Ms to '49-J&J
Duquesne Gas Corp—
1st conv 6s ctfs. 1945
M&S15
Duquesne Light—See Phila Co
Duquesne Nat Gas 7s 1948..J&J
Duquesne Trac—See Phila Co
Durham Pub Ser 7s A *49—A&O
Durham Trac 1st 5s 1941... M&S
East Coast Pub Serv 4s 1948 F&A
East Jersey St Ry 5s 1944._M&N
E. Kootenay Pow 1st 7s '42.A&0
East Prussian Pow 6s '53
J&D

21M

f

22

73
98

130

Ref 6s series E Jan 1 1948-A&0
Eastern Michigan Rys—

108 k

J&J /
Adjt 6s due July 1958
A&O /
Eastern Minn Pow 5Ms 1951 M&S
Eastern Oregon Light & Power—
5 Ms series A 1951
M&S
1st mtge colltr 7s 1958

95 M

5s series B 1953
J&J
Eastern Shore Pub Service Co—

129K

130k

Electric Ferries 7s (w-s) '41.A&0
Elec & Peoples.
See Phila R T

111M
107 M

111k

54

„

106%
106

108M

107 k

Co—

73 54
75

Corp

97

77

Hydro-Elec Wks of Upper
—-

25

5Ms 1947ser A___._M&S
1st M & 1st lien 5s 1955 B M&S
Easton Consol El 5s 1949 ..M&N
Economy Lt & Pr (111) 5s '56. J&D
m

Pow Corp (Germany)—
f 6Ms 1950
M&S /
1st sink fund 6Ms 1953..A&O f
Electric P & L Deb 5s 2030.F&A
Eliz Plainf & Cent J)
See
Eliz &
Raritan Riv)Public Serv
Eliz & Trenton RR j
Corp
1st

108k
107M
109%
109k

111
107 k

108

108 M

Consum's Water 1st 6s A '46 M&N

89 M

Deb 5M» series A 1970
A&O
Contin Gas & El deb 5s 1958 F&A
Continental Pub Serv 6s '40-J&D

73 M
92 %

Continental Telep 5s 1953 -.F&A

98 M
86

Cooper RivBri'ge inc 1st 6s'58M&N
Copper Dist Pow 4 Ms 1956- J&D
County Gas of Dallas 5s '46 A&O
County Gas (N J) 5s Jan 1 ,1952.
-

11 Oh

93

3

98

105
82

loo"

99"

s

Water, Light & RR—
1st & con g 58 1956
M&S

1st m 5s 1950 ser A
—J&J
Empire District Elec Co—
1st & ref m 5s 1952
M&S

Empire Gas & Electric Co—
Gen & ref 6s ser A 1952.-J&D
Empire Gas & Elec and Empire
Coke jt 1st & ref 5s'41 opt.M&S
Eauit G & E Utica 5s 1942.A&O
Ercole Marelli El Mfg Co (Italy)
1st s f 6 Ms 1953 with war M&N
Erie Coach Co 4 Ms 1959
Erie Co Electric 6s 1959
J&J




t Called July 31 at 106.

b Basis.

99

99 k

98 k

/
f

99 M

25
23
96M
125k

126k

26"

128

103 M
99

/

104"
99M

50

Corp—
Investing Companies.

_

6 Ms 1950

J&J

1st s f 4 ks 1956
Great Lakes Utilities Co—

95

94

93

94 k
94

95k

95k

128
105 k

105k

105k
73 M

73

102

50"

25
100

17k

71k
62 k

M&S

74
64

103

Green

Mountain

Power

2k
78 M

101

97

—

•»

—

4k%
4 k %
4 k %
4k%
4k%
4k%
4k%
4 k %
4 k %

—

102M
103 M
99
.

123

110 k
103

70

107

110

103 M

Corp—

J&D
4k% serial notes 1940
J&D
4 k % serial notes 1941
J&D
4k % serial notes 1942
J&D
4 k% serial notes 1943
J&D
4k% serial notes 1944—-J&D

70

64
lk
77 M

102

F&A

serial notes 1945

J&D

105M
102 M
102 k
102k
102 k
102M
101M

serial notes 1946

J&D

106

101

J&D
J&D
1949—J&D
1950
J&D
1951
J&D
1952
J&D
1953
J&D

100
99

1st & ref M 3ks 1963

103

110k

101k

Power—

Green Bay & Miss Canal—
1st & ref 4M8 1953..——.M&S

98

101

Northern

1st 58 stamped 1950

91M

serial
serial
serial
serial
serial

notes 1947

notes 1948
notes

notes

notes

serial notes
serial notes

98

97k
97
96

95

Greenwich Wat & Gas System—
Col tr 58 1952 series A
A&O

102 M

A&O

102M

Col tr 5s 1952 series B

98

104 M

62"

Gulf Coast Water 1st 5s '48-F&A

57

A&O

104

106

A&O

101k

102 k

1st M & ref 4s ser O 1966—A&O t 106
107 M
1st m & ref 3 Ms ser D 1969M&N

'107 M

Gulf Power 1st 5s 1968

Gulf Public Service Co—

22
22
79

79k

11514

117M

104

103 k

105 M

1st mtge 6s 1945
Gulf States Utilities Co—

Hamburg (Germany) Elec Co—_
Extl g s f deb 7s 1935—M&N /
Hamburg (Germany) Elev Undergound & St Rys 5Ms'38--J&D
Hamilton Gas 6 Ms Aw w *37 J&D

103 k

108 M
102 X
110

Harrisburg Gas 5s 1970—M&N
Havana Elec Ry 5s 1952.-.F&A
5Ms (Sept'31 coupon)*5l-M&S
Hempstead & Oyster Bay—

27 M

30

28 k
56 M

30
58

108
43 M

M

"k

97
Water 6% July 1 serially--—Hest Man & Fair Pass Ry—See P hil R T

110k

Holyoke Street Ry inc 5s
1945
Home Tel & Tel (Ft Wayne;-—
1st 6s series A 1943
.J&J
1st 5M8 series B 1955
A&O

39

41

_

41 %
65

48
70

129

Hoosac

21

109M

/This price includes accrued interest,

105k
105

Valley Street Ry—

1947---M&S
Houston Elec 1st 6s B 1950-J&D
1st ext 6s June

1

Houston Gas Securs 5s
Houston Gulf Gas—

1952-M&S

k Last sale,

n

20
99 k

100M

102

102 k

102%
102 k

103 M

■

^

Deb 6Ms 1943 with

Called Sept. 1 at 105.

92

91
97

A&O

1st M & col 6s 1943 ser

*

60

/

Georgetown Gas Lt 1st 5s'61 F&A
Ga-Caro Pow 1st 8 f 5s '52--J&J
Georgia Power 1st 5s 1967. „M&S
Georgia Power & Light Co—
1st mtge 5s 1978
J&D
Georgia Ry & Electric—
Atlanta Northern Ry Co—
1st guar 5s 1954
J&J
Gesfurel 6s 1953 xw
J&D /
Grand Rapids Gas L 5s '39-F&A
Grand Rapids Ry 1st 7s '39 M&N f
Great Cons Elec Pow (Japan)—
1st M 7s 1944
F&A

Great

19
Rys—1st 6s 1954
A&O /
108 M
Erie Ltg 1st m 5s 1967
A&O
15
Erie & Suburban Ry 5s 1941 A&O
106
FaU River El Lt 3Ms 1968..M&N
Erie

1.00%
L25%
1.50%

68

El Paso El Co—

M&N
—M&N
M&N
M&N
M&N

1st mtge 3 Ms 1965
1st mtge 3 Ms 1967
1st mtge 3 Ms 1970
1st mtge 3 Ms 1966

65k

Elmira

Co—

1st mtge 3 Ms 1965

65 k
101

Electric

6s unstamped 1943 ser A--J&D
6s stamped 1943
J&D

'56-J&J f

1st

See

1st & gen

101

94 H

2.00
2.10

b

101

Ref m 5s 1948 B
J&J
Ref 6s Jan 1948ser C..M&S 15
Ref 6s series D Jan 1 1948.A&O

100

b

General Public Service

20M

112

110

Gen g 4Mb Apr 1954
Consol Gas Elec Lt & P

Power

74M

103

/

Edison El 111 (N Y)—See N Y G
Edison Sault. Elec 4 Ms, 1961 A&O

Wuerttemburg 1st 7s

103*

102

109

4Mb 1948 A

55 M
55 M

Consumers

56

102

109M
107M

m

54

A&O

18
53

Edison Elec Ilium of Boston—
3 Ms 1st M s f July 1. '65.J&J

6% notes, 1940

85

80
„

/

M

1.50

1st mtge & coll 6Ms C55-A&0
General Water Wks & El Corp—
1st lien & col 5s 1943 ser A_ J&D

Eastern Mass Street Ry Co—

56

Consol

99

/

99
b

General Public Utilities—
IstM coll tr 6 Ms ser A'50_A&O

93

98

94

105
85
♦

General Gas & Electric Corp—

■

89

93

Scrip 48 due 1942

k

98 k
101

103

102
80

'49 J&D

w w

—

86

102 k

Un Wat 6s 1935--J&J
Fruit Growers' Express—

3ks series A & B 1969

-

90

98 M
100

Fontana

1

H

Gas & Fuel Assoc—

54 M

Utilities

5

l

1st m & coll tr 4s A 1956.M&S
Eastern Iowa Pow 6Ms 1943-M&S
Eastern Lt & Pow s f 5s 1964 M&N

106

Gas

5k
5M

-

85 M

J&J

Equip trust 4 Ms to 1941
F&A
Equip trust 4 ks to 1943--M&S
Equip trust 4s to 1946
M&S
Fullerton-Portsmouth Bridge—
1st s f 6s 1957
M&S
Galveston-Houston Elec Ry—
1st M s f g 5s 1954 opt
A&O
Gandy Bridge (Tampa)—
1st mtge s f 5 Ms 1957
A&O
Gary Electric & Gas Co—
1st lien coll 5s x-w 1944—J&J
58 with warrants 1944.-J&J
Gary Rys Co 6 Ms ser A 1945 F&A
Gary Street Ry 1st 5s 1937. .A&O
Gas Co of New Mex 6 Ms *44 M&S
Gas & El of Bergen Co os *49. J&D
Gen 5s Nov 1.1954
-M&N

-

12 M

Great Lakes Power Ltd—

105M
106k
105M
108M

Consol

5

F&A f

Dom Elec Pow 6 Ms 1955
M&S
Dominion Gas & El 6 Ms '45, J&J
Dortmund Munic Util (Germany)

Eastern

1954

Gatineau Pow deb 5s

ij'&A /

Debenture 3 Ms 1946
A&O
Debenture 3 Ms 1948
A&O
Debenture 3Ms 1956
A&O
20-year 3 Ms debs 1958
J&J
Consol Electric & Gas—
Coll 6s ser A Aug 11962--M&N
6s series B 1962
F&A
Collateral 6s 1957
—F&A
Consolidated Gas of Baltimore—

A&O
(Bait)—Ref mtge s f 3 Ms 1971
J&D
1st ref mtge 3s series P '69_ J&D

112

Bridge—

f 6 Ms 1952

111

114k
109M
108 X

Stamped guaranteed opt.-J&J

111k
110M

111M

91

127

Conn Riv Pow 3ks ser A 61 F&A
Connellsv Wat 5s Oct 2 '39.A&0

99 M

108k
111M

J&J

J&J

Ry & Lt 4 Ms 1951

4M
4M

3k
3 k
98 M

Ref

J&J

1st & coll trust 5s 1956

49

131

Connecticut Power
Conn

91

21M

_

103

76

106k
106 M

49

Certificates of deposit
Det & Pt Huron Shore Line—
1st gold 5s 1950
J&J

106

109

20

Gen & ref 4Ms 1961 ser D.F&A
ser F 1965. A&O
Gen & ref M 3 Ms ser G '66M&S

103k

57"

89

Gen & ref M 4s

s

106 M

6s

25

102k
103 M

89

Sinking una debs 5s 1940. J&D
Florida Pow & Lt 1st 5s '54—J&J
Florida Public Service Co—
1 st 4s series C 1955
J&J
Florida Telep 1st 0s 1945—A&O
2d

105 %

Pa tax

International

106k

107 M
105 k

M&N

1st mtge s f 6s 1953
M&N
Certificates of deposit
Convs f deb 6Ms 1948---M&N

Detroit

Pass Ry 5s May 1 1942... J&J /

Florida Power Corp—
1st mtge 4s series O I960.-J&D

108

55

'49.-M&N

8 f deb g 7s 1952

1968.-J&D
Conv debenture 3M« 1958-J&J

s

as to

J&J

„

B— J&D

ser

Federal Water Service Corp—
Oonv deb 5 Ms 1954
M&N
Federated Utilities Inc—
1st lien col tr 5 Ms 1957—M&S

52

108M
105 h
108k

Denver Tramway Corp—
Gen & ref 5s 1950 ser A
J&J
Des Moines Ry 1st inc 5s Jan 1 '55
Detroit & Canada Tunnel—

1st mtge

105

1st mtge 3 Ms ser I

25-year deb

46M

74

105k

1952.M&N

100M

yy

Fed'l P6w & Lt 6s Nov 1, 1965.— f
Federal St & Pleasant Valley

107 k

J&J
J&J

102 k
103 k

Debenture 6s 1954

^

-

103

QQ 1/i

(Internatser) 1942--M&S
Stamped
M&S
1st lien g 6s 1942
stpd—M&S

110

Certificates of deposit
1st 5s, 1966
M&N
Detroit Edison—

8
105M
45

1958.M&S

Columbia Gas & Elec Corp—
Deb g 5s 1952
M&N

1st & ref M 3

47

40

-

6s

Denv

50

Gen mtge 3ks July 1. '65-J&J
Cleveland Ry 1st 5s A 1945-M&S

34

Ask

102 k

1st 5s

109
38

108M

73
Dallas Ry &^Ter 1st 6s 1951.J&J
106
Danbury & Beth Gas 6s 1948 F&A
40
Danville Tr & Pow 1st 5s *41-J&J
Darby Med & Ohes Ry—See PhilaiR Tran
Darby & Yeadon 4 Ms
49
104
Dawson Ry & Coal 5s 1951—J&J

M 4Ms 1971
1st mtge g 4 Ms 1969
1st mtge g 4 Ms 1969

102

87
106 M

* 105%

F&A

1st

_

62

59

85

„

Cumberland Co (Me) Pow & Lt—!
1st mtge 3 Ms 1966
A&O
Cumberland Gas 6s w-s 1948M&N

-

-

/

Bid

Bonds
Federal Light & Traction—
1st 5s (Amer series) 1942.M&S

<

Dayton Power & Light—
1st & ref M 3 Ms 1960-A&O
Delaware Electric Power Co—
Deb 5Ms
1959
J&J
Delaware Power & Light Co—

_

1st s f 4s series B 1965
Colonial Util 5 Ms 1958

Public Service Co—

Dallas Power & Light—
1st mtge 3 Ms 1967

103 X

'61—J&J

Income notes 3s 1955

Ask

Bid

Bonds

80

76%

M&N

____M&S
Oonv deb 5s 1950
J&D
Cities Service Power & Light—
Deb 5 Ms 1952
Deb 5Ms 1949Citizens Independent

Ask

76 M

Cities Serv deb 6s Jan 1966.M&9
Deb g 6s Apr 1958
A&O

Deb g 6s 1963
Deb 5s 1969—

<

78 X

A-A&O

war..A&O

Nominal.

103 M

75

UTILITY BONDS

PUBLIC

Aug., 1939]

price* are "and Interest** except where marked "f" and Income and defaulted bond*
Quotation* for all securities are a* near as possible for fch° closing day of the month preceding the date of issue

NOTICE—All

bond

Houston

Ask

109V

109 M
105 V

129V

70
103

Hunt'g'n Wat 1st M 6s '54A M&S
1st M 5s 1954 ser B
M&S

101

A&O

105

1st 5s

ser

O 1962

Income 2-6s

1st
103 M
120
104 M
101
101

111

Kansas City Gas
102 V
103 M

63

105 M
104

103

89
98

112M

71

14.

17
101

98

80

75
80 M

.

83 V
109 H

F&A

109
102

100

4s serial notes 1946-1948--F&A

102M
65

63

J&J

106

107M

100 M

J&J

102M
54 V
54 H

..J&J

F&A /
f

52 V
52 V

12

Sinking fund deb 7s 1938.F&A f
Inland Pow & L s f 6s '36 A.M&S /
Colltrsf 6s 1941 ser B...M&N ;
Coll tr 6s 1957 ser O
A&O
Debs f 7s 1935.
J&D

10
17''

7

8

Inland Telep 1st 6s 1948

82

84

f
f

66 V
eiv
31M

64

f

33

f

60
58

/

'

17V
17V

Intercontinents Power Co—
Debs A 6s 1948
J&D
International Hydro-EIec System

A&O

1957M&S

Deb 6sl957
M&S
Debentures 6s 1955
J&J
International Power Sec Coim—

6M%

sec

bonds 1955ser C J&D

Sec 7s 1957
Sec 7s 1952

ser

ser

F&A

E

J&J15

F

International Railway (Buffalo)Ref & impt 3-5s 1962____M&N
Buff Trac 1st 5s 1948

J&D

International Telep & Teleg—
Deb g 4 Ms 1952
J&J
Deb 5s 1955
F&A
Int-State Bridge 4-6 Ms *50 M&N

F.-M&S

Interstate Rys 4s 1943
._F&A /.
Interstate Telephone Co—
1st M 5s 1961
A&O
Interstate Tel & Tel 5 Ms 1953J&J
Investors Telephone 3s 1961-J&J

18
18
18

ser

M

1V

85 H
97 M

85 V

94 M

101M
43 M
45
44

46

32

35

78

83

62 M

63

66 M
62

67 M
66

101V
•

101 x
102

V

104

105

100

102

61

100

101

90

f 7s 1952__

104 V

103V

105 V

107

lOl'si

104

s

f 5Ms 1953

104

100 v
101 v

A..M&S

103"

103
105 V
107 V

12
1

87 V
88
55
54 V

46 V
48

44
44

«

—

—

2

79"

102 M

106 M
99

M

43 M
71

103 M
107M
100 M

107V

107V

116

118

45

110V

-

99

97

Miami




97""

-

-

-

-

52

110V
106

109V

9
9

40"

73

(w-s) Mar 1952.

104

4s Aug
4s Aug

1941.

103

1942.

4s Aug

1943.

102 V
102 V

107
102

1944.
Aug
1945.
4s Aug
4s Aug 1 1946.
4s Aug 1 1947
4s Aug 1 1948
H
Mich Fuel & Lt 6s A 1950—J&D /

Michigan Gas & Electric Co—
1st & ref 68 1 943
M&S
1st M 5s 1956
J&D

102V

102 V
102

101 v
101 v

101 v

35
101

98V

99V

100 v
60

101 v
64

•

Michigan Public Service Co—
1st g 5s 1947 ser A
A&O
Middle States Util 6s A1951 A&O

87

6s *43—J&J

Middle West Utilities—

/
19
5s ctfs of deposit 1935
127
Middlesex Elec Lt Pow 5s *55 J&J

'

-

-

-

-

82

-J&J

1950-..

5s

106
5M« 1957-A&O
1938.--M&S / 46
Light Co—
100V
1st M4Ks 1967.
-M&S
Minneapolis Gas Light Go—
1st mtge 4s 1950
107V
J&D

Middlesex Water

Minnesota Power & Light

Joint 7s 1944

100 v
103

100 v
102 V

91

89
80
105

103 V

102

58

55 V

109 V

108 V

A&O t 100

-

1st & ref 5s 1955.

Co—
J&D

1st & ref 4 Vs 1978
Mississippi Power Co—
1st & ref 5s 1955

101 v

101 v
96

1st. 4-5s 1956

107V
102 V
99

V

102 V
111

105

100
89

A&O

91

79

72

75

106V

109V

uov

122
97 V
64 V

.

107

108 V

J&D

Missouri Public Service Co
88

89

103
4 Vis series O 1961
M&S
Missouri Val Pub Ser 6s *39 J&J /
1
Mobile Gas Service Corp
93
1st 5s 1956
A&O

95

1st

76

22V

102V
109V
104 V

Mississippi River Pow 5s '51 -J&J
Deb 5s May 1. 1947
M&N
Missouri Edison 1st 5 Vs '47 J&D
Missouri Gas & Elec Service—

s

f 5s 1960

Missouri

105 V

106

99 V

M&S

Mississippi Power & Light—
1st M 5s 1957
-J&D

1st mtge 3 Vs 1966

106V

F&A /

106 V
102V

M&N

Missouri Power & Light

55

Light Co—

1st mtge 4M8 ser A 1966.M&S
Lower Austrian Hydro-EIec—

H

108

Montana-Dakota Utilities

F&A

Telephone—

1st cum inc 9s ser A '56--A&O /

77
A&O / 67
61
Mob Lt & RR Cons g5s '41-M&S
90
Mohawk Valley ref 6s 1991 M&N
Debenture 6s 2031
A&O
loo"
Monmouth Cons Wat 5s '56-J&D
Monongahela Light & Pow Co—
1st M 5s 1949
J&D
120V
Monongahela Valley Water
1st M 5Vs 1950 series A__J&J
102V
Monongahela West Penn Pub Ser
109 V
1st & gen mtge 4 Vs 1960-A&O
108
Debenture 6s 1965
A&O
Income 7s 1956

M&S
F&A

46 V
100

Minnesota Northern Power—

103"

98

108"

Milwaukee Gas

'

90"

110V
108V

Montana-Dakota Utilities

1st « f 5s ser A 1955
A&O
Luneburg Pow L & W W(Germ'y)

97

f 7s 1948
.M&N /
21
Luzerne Co (Pa) Gas & Elec—
1st ref&imp g 5s'48 op'13 A&O
108 V
1 st & ref 6s 1954
108
M&S
s

J&J

108

Conv deb 4Vs 1946
1st mtge s f 4Vs 1954

A&O
M&N

96 V
104 V

97 V
105V

Montana Power
1st & ref mtge 3 Vs 1966--J&D
Montreal Isl Pow 5Vs 1957 M&N

100 v

104

100 v
105 V

Montreal Lt Ht & Pow Consol—
1st &collsf

3Hs 1956
3Vs 1963
3Vs 1973

1 at 101 V.
t Called Oct. 1 at 105.
t Called for payment Aug. 1.
a Average price,
b Basis,
/ This price includes accrued interest,
k Last Sale,
n Nominal,
r Canadian price,
t Called Sept.

Called Aug.

54 V

50

Michigan Associated Telep Co—
1st mtge 4s ser A1968
M&N
Michigan Consolidated Gas—
1st mtge 4s 1963
M&S
Serial notes 4s Aug 1 1940-

1st & coll

*

103 V

rfridge—

1st & coll

Sept. 1 at 101.

108

A&O

f 7s 1957 ser A

62 V
100

61

1st mtge 5s 1957__.__.___J&D
Louisville Gas & Elec Co (Ky)

Debenture 7s 1944

r

oo

Midland Util deb 6s
11017s»

Long Island Lighting—
Secured g 6s 1945.
__J&J
Conv deb g 5 Ms '52 ser A.A&O
Long Island Water 5 Ms '55 M&N
Los Ang Pac Co—See Pac El Ry
Los Ang & Pac RR-See Pac El Ry
Los Angeles Railway Corp—
1st ref s f 5s ser A 1948.__A&O
1st ref s f 5s ser B 1950
A&O

1st M

104 V
T-H

Middlesex & Somerset Trac—

M&S

lstsfg6Msl944._

s

Middle Wesfn Telep

lo"

7

J&D

5s 1950
Gas Light—

21V

TH

4s

Leipzig Overland Power—
S f mtge 6Ms 1946
M&N f 21V
100
Lewlston Gas Lt 3 Ms O '56-A&O
109
Lexington Ry 1st 5s 1949.--J&D
Lexington (Ky) Telephone—

Lowell

91

Metropolitan Edison Co—
109V
1st M 4Ms 1968 ser D-—M&S
105V
1st M 4s 1971 ser E
M&N
108V
1st mtge 4s ser G 1965—M&N
90
Metrop Edison Corp 6s '61.M&S
Metro Wat Sewer—See Fgn bds
Metropolitan West Side "L"—
1st gold 4s 1938
F&A /
§
Exten gold 4s 1938
8
J&J /
20
Mexican El L 1st M g 5s '42-.1&J
20
Mex Lt & Pow 1st 5s *40 s f. _F&A
35
Mexican Utilities 7s 1939—A&O

106

102

Louisville Ry—
2d 4 Ms 1940

99

91

Meridionale Electric Co—

109 V

1948_ .J&J

1944

36

52
1st s f 7s 1940 ser A Q Jan
Maryland Light & Power—
100V
1st M 5 Ms 1950 ser A
J&J
95
Maysville P Serv 5 Ms A 1942A&O
Memphis Power & Light Co—
*
101V
1st & ref 4Ms 1978 ser O-.A&O
Memphis Street Ry—
37
3-58 series A1945
A&O
12
3-5s series B1945
Ann April /

105

1942—F&A

Dist Pow—
1st mtge 3 Ms ser A 1966--A&O
Lancaster Co Ry & Lt 5s 1951 J&J
Lehigh Power Securities—
Deb g 6s 2026 ser A
F&A
Lehigh Valley Transit—
1st extend 4s 1945
T&D
Ref & impt g 5s 1960
__J&D

Ref & gen 6-4 Ms ser B1966 J&J
Ref & gen 4s series C 1967-J&J

4

63 V
62

89

,

A&O

Gen s f 5 Ms 1956
Maritime Tel & Tel—

46 V

2
2
62V
60
19

„

167

Lake Shore Elec Ry 6s 1933.J&J i
General 5s 1933
F&A f
Lake Sh Gas 1st 5Ms 1950--M&N

ww

45

Marlon-Reserve Power—
1st mtge 4 Ms 1952
A&O
Maritime Electric 4Ms 1956-A&O

Income deb 6s

Lower St Lawrence Power—

M&N
ser

100

Q9

103

Island Gas & Electric—

25-yr

102

B 1942—F&A

General

V

102 X

J&J
July 1 '50-M&N
Deb 6s 1950 ser A
M&N
Isarco Hydro-EIec Co (Italy)—■
s

104
106

M&S

& ref 5 Ms

1st M

103

1st & ref M 3Ms 1966-1-'-M&S
Louisv Ltg 58 '5? unstmpd.-A&O

28

25

M&N

Iowa Southern Utilities—
In & ref 5Ms 1950

1st

106

101
95

^

Louisiana Pow &

■

_

107 V

M&S

102 V
104 V

104

Lone Star Gas 3Ms debs '53 F&A
Long Beach Gas 1st 5s '56--J&D

113 V

1968

103V

Kingsh'way Bdge 6 Ms 1962-A&O
Water Works—
105V
1st 5s ser A 1958
J&D
Lackawanna & Wyoming Val RK
10
1st 5s 1951
F&A /
Debentures 6s 1948
F&A i
86V
Laclede Gas Lt 5s 1939
A&O
86
Ret & ext 5s, 1942
A&O
53 V
1st M coll tr 5 Ms '53 ser C F&A
43
1st col&ref 5 Ms I960 ser D F&A

9

\om

5s

104

t 105

105

113 H

1st mtge 5 Ms 1959
Debenture 6s 1960

104

102

__

72 M
53 V

C '42.F&A

Deb

103

103

Lexington Util 1st 5s 1952.-F&A
LexingtonWat PowColst5s'68J&J
Conv deb 5 Ms 1953
J&J
Lincoln Gas & Elec 5s 1941
J&D
Lockhart Power 4 Ms 1955.-J&D
Lombard Elec Co (Italy)—
1st extl 7s 1952
..J&D

60

1st lien & ref 5s *57 ser A
M&N
1st 1 & ref 5s 1961 ser B
M&S
Iowa Pow & Lt 1st 4 Ms 1958 M&S
Iowa Pub Serv 1st 5s 1957-.J&D

106

103

Kings County Elec Lt & Power—
Purch money 6s g 1997--A&O
KlngsCoElev—See Bklyn-Queens
Kings Co Gas & HI 1st 5s *40 A&O
Kings Co Ltg 1st ref 5s '54--J&J
1st ref 6 Ms 1954
J&J

1st M 6s

4

5s 1936--M&N /

Terminal—

An Oct
Gen s f 7s ww 1941
A&O /
2d income 4s 1963 w s
Ann O /
Manhattan Ry con 4s g '90_ A&O /
Cent Hanover Bk ctfs of dep. /
2d gold 4s 2013
J&J3 /
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
15-year s f 7s 1941
J&D /

1st

105

Keystone Telephone Co—
1st & ref 5MS 1955'ser A—J&D
1st 1 & ref 6s 1951 ser B—A&O

1st extend 5s 1945

47 M
50

1st mtge 4s ser E 1955
J&D
Iowa-Ill Telep 2-5Ms 1949-.A&0
Iowa-Nebraska Lt & Power—

ser

10V
32

Lake Superior

A&O

4% notes to 1946
Iowa El Lt & Pr 7s

108V
109

102V

-

99

100 v

Market St Ry (San Francisco)—

101 v

95

Keystone Public Service—
1st M 5s 1978
M&N

ser

99 V
106 V

1st income 3-6s 1957 w s

104V

104 V

101

A&O

Kokomo

Manchester

98

M&N

A 1959.

Ask

Market Street El Pass Ry—
See Phila Rapid Transit

101 ®32

C

1st m 5M® 1948 ser B_—M&S
Kentucky Utilities Co—
1st M 6 Ms Sept *48 ser D M&S

5MS 1955 ser F

ser

128

t 108V
1st mtge 4Mb 1965.
M&N
108V
1st mtge 3 Ms 1969_ _ _ - _ _ - J&J
76
Kentucky El Pr lstsf 6sl960J&J
Kentucky Fuel Gas Corp—
/
9V
1st 6 Ms 1942 with warr.-J&D
Kentucky-Ohio Gas Co—
/
30
Ctfs indebt 2s 1958—---J&D
Kentucky Power & Light Co—

6s coll notes

60 M

J&J

A 1961

32 V
106 V

125

A—M&S

1947.-M&S

La Crosse Telep 5Ms

Iowa Electric Co—
1st 4s

6s 2022 ser

6s coll notes ser A

63

62

Interstate Gas & EI 6s 1951. -J&D
43
Interstate Power 1st 5s 1957-J&J
72
Deb gold 6s 1952
53
J&J
Interstate P S (Ark) 6s 1940 M&S /
6
Interstate Public Service Co—
104 V
1st & ref 6Ms 1949 ser B_. J&J
101
1st & ref 5s 1956 ser D
J&D
1st & ref 4Mb 1958ser

31V
105V

_

Certificates of deposit

Conv deb 6s 1944 w w
Internat'l Pow Ltd 6Ms

112

F&A
5s series H 1961
F&A
1st M 5s 1969 ser I
F&A
1st 6s series K 1957
-M&S
Keokuk Elec 6s 1945—---M&N
Kewanee(Ill)Pub Ser 6s A 49 J&J
Key West Electric 5s 1956__F&A

70

3s serial notes 1939-1941.-F&A
3 Ms serial notes 1942-1945 F&A

A&O
Interborough Rapid Transit—
1st & ref g 5s '66 op tax-ex. J&J
Certificates of deposit
6% notes 1932
A&O
Certificates of deposit
Conv g 7% note 1932
M&S
Certificates of deposit

6

102"

1st mtge 3 Mf ser A 1966-J&D
Kansas Gas & Electric—

1st M

Indianapolis Power & Light—

Secured 5s 1958
Inland Gas 6 Ms 1938

32

103"

1942—_—F&A

D80------J&D

105 V
101V

68V

Indianapolis Columbus & 8outb
ern Traction 1st 6s 1948.-F&A
Indianapolis Gas 5s 1952
A&O

Indianapolis Ry 5s, 1967
Indianapolis Water—
1st mtge 3M8 1966
Indianapolis W W Sec Co—

1st 68 series A

30V
3
105V

/

1st mtge 4s series A 1964.J&J
Kansas Power & Light Go—_

•

105V

Kansas City Public Service—
1st ref 4s series C 1957----J&J /
Kansas Elec Power—

1st mtge
4Mf
Kansas Power 1st 5s

105

104 V

105V

1st 5s 46--F&A

Deb gold

94

103 V

O----J&D

3s B Dec

49 V

104

Jer City Hob & Pat—See P S; Corp
Johnstown Traction 4s Dec 31 62 /
Cons mtge

110

69

J&D /
J&J

3Ms 1st mtge 1968

48

1967-----------J&J

(NY)Telep 5s 1954 J&D
Jersey Central Pow & Lt Corp—•
1st & ref 5s 1947 ser B
F&A
1st M 4Ms 1961 ser

50

48

System—

Quebec Power—

f 4s

_

31 1962
Joplin W W 1st 5s 1957
--M&S
Kankakee Water 4Ms 1959.-J&J

101

44 V
2 V

IV

/

s

Madison Rys 1st g

\ 43 %
f

1st M 53 1 961 series G

1950. J&J
F&A

1940

notes

94

\

Jamest'n

Indiana & S W Gas & Util—
conv

2-6s,

1952 M&N

1967---------J&2

James River Bridge

104

Indiana Ry & Lt 1st 5* 1943-J&J
Indiana Service Corp—

6%

1st

Bridge Corp

James River

Hydro El Bond & Sh 5s 1957M&N
H
102
Hydro El Corp (Va) 5s 1958. J&D
Hydro Elec Power Commission
102 M
(Ontario) 3 Ms 1943
J&J
117
4Ms due Jan 1. 1970
J&J
3 Ms 1947
103 M
..A&O
100
2Mb 1942
.A&O
3 Ms
100
1953
F&A
100
3s Aug 1 1948
A&O
Idaho Power 1st 3 Ms 1967..A&O
109V
Illinois Bell Tel 3 Ms B 70- .A&O
110M
Illinois Commercial Telephone—
1st 5s series A 1948-101M
M&S
1st mtge 5s 1960 ser B—M&S
102M
111 Community Tel 6s 1949..J&J
61
Illinois Power & Light Corp—
105 V
1st & ref 6s 1953 series A..A&0
103 V
1st & ref 5Ms 1954 ser B..J&D
1st & ref 5s 1956 ser O.....J&D
102V
8 f deb 5M« 1957
93 M
M&8
Indiana Assoc Telegraph—
1st mtge 4Ms ser B 1965..A&O
107M
Indiana Central Telephone Co—
1st lien coll 5 Ms 1938
M&N / 89 M
Indiana Electric Corp—
104 V
1st M 6s 1947 series A—.M&N
104 V
1st M 6Ms 1953 series B..F&A
1st M 5s 1951 series O
101M
M&S
87
Indiana Gas Utilities 5s 1946.J&J
Indiana Hydro-EIec Power—
97 V
1st mtge 5s 1958sar A
M&N
Indiana & Mich El 5s 1957--F&A x 108
1st & ref 5s 1955
M&S a 104
Indiana Pr 1st 7Ms *41 A .M&N
111M

Indiana Telep 5s A 1960

Macon Gas 1st mtge 4 Ms '52-J&D
Macon Ry & Light 1st 5s '53.J&J

Inc deb 6s ser A w s

99

1st & ref M 5s Jan 1,
1st 1 & ref 5s 1963

McLaren

(Mo) Lt H & P
1st 6s series A 1956
J&D
Jacksonville (Fla) Gas
5s stamped 1942
Tokom^S

Jackson County
104 V
128

Bid

Bond*

Ask

Italian Superpower CorpySee Investing Companies.

Light & Power—

1st mtge 3 Ms 1966
J&D
Houston Natural Gas Oorp—
1st m coll 6s '43 with warr.J&D
Hudson Co Gas 6s g 1949..M&N
Hudson River Trac 5s 1950-M&S

Bid

Bonds

Bid

Bonds

F&A
J&J
J&J

104

105

103 V

104 V
103 V

102V

d Called Sept. 1 at 104.
e Called
1 at 108.
x Called Aug. 1 at 108.

76

PUBLIC

UTILITY

BONDS

bond prices are "and Interest" except where marked -f" and Income and defaulted bona*
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—All

Bid

Bonds
Montreal Tramways—
1st & ref g 6s 1041 opt...-J&J

Oen
Gen
Gen
Gen

Ask

98m

73

103
103
109 m

109

J&D

105m

Municipal Gas &

El Corp of
Recklnghausen 7sl947 ...J&D /

20M

Mut Fuel Gas-See Peoples GL&C
Mutual Un Tel—See West Un Tel

109

110

96

97 m

101

97

92

M
94

94
89

91

110M

112

105 m

106m

30

Nebraska Pow 1st 4Mb 1981 -J&D
Deb 6s 2022
M&S
Nev Calif Elec 1st 5s 1956...A&O

109

109m

123 m

125

35m

83 %

Deb 6s July 1941
J&J
New Amsterdam Gas—See N Y
GELH&P
Newark Cons Gas con 5s '48.J&D

97 m

38

84 %
98 m

E Association
M&S

71

Conv deb 5s 1948
J&D
Oonv deb 5s 1950
M&N
Convertible deb 5s 1962...J&J
New Engl Pow Assn 5s 1948. A&O

70 m

70m

71m
71m
71m

71
97 m

73

99

99 m

97 %

J&D

M&N

Power—
J&J

r

1st gold 4s 1950
M&S
N J Pow & Lt 1st 4Mb '60—A&O
New Jersey Water Co—
1st mtge 5s 1950
F&A

87 m

88 m

100

107%

105m
105m
103 m

1st & ref M 4 Ms 1970ser E J&D
Nor Indiana Telep 4 Ms '55.M&N

106

60

105 m

mtge

3 Ms

105m
105 m

109m

109m

110m

110m

117"
64

106M

103

100

Northwestern Power Co Ltd—
1st M s f conv 6s '60 ser A.J&J
Certificates of deposit
Northwestern Pub Serv Co—
1st M 5s ser A 1957
J&J
N'western Telog 1st 4Mb '44-J&J

106
103

100m

104

Gas 5s 1945
M&N
Ohio Assoc Telep 4Mb 1966.J&D
Ohio Cent Telep 1st 6s *47..J&J
Ohio Cities Water Corp—

'53

ser

A.J&J

1st mtge 3 Ms 1972..
J&J
Ohio Elec Pow 1st M 5s *57 J&D
Ohio L & Pow 1st 5s 1944.-M&N

105m
101m

,

10m
15

Dob g 6s 2024.

103 m

109 m

109m

109m
109m

109

101m
92

107m
108m
108 m
104 %

New Amster Gas 5s 1948..J&J

122m

123~m

NY & ER Gas 1st g 5s '44-J&J
Con 5s 1945
J&J

113m
115m
105m
113m

116

AdJ income 6s Jan 1 1965..Apr
Bleeck St & F F 1st 4s '50-J&J /
B'way & 7th Ave 5s 1943. J&D /
N. Y. & Richmond Gas Co—
1st ref M 6s 1951 ser A..M&N
N Y State El & Gas Corp—

F&A
M&S
M&S
M&N

148

105m

110

110M

109

109m
105m

109m

108

109m

F&A

103

3M-3Ms 1941-42.
3 Ms 1943-1944

F&A
F&A

101m
100 m

4s 1945-1947

F&A

100

1958.F&A

107

Oklahoma

30
9

_

-

109m

J&D

104 %

105"

4Mb ser A 1951 .M&N

105 %

105m

M&N

110%

111

102

103

100m

101m

Power & Water—
ser

A

111

110m
104m

Ref mtge 3 Ms ser C 1966-J&D

F&A

1st 5s series B 1949----—F&A
Oklahoma Ry 1st & ref 5s '41 .J&J
Income 5s 1990.
Apr 1
Old Dominion Pow 5s May 15 '51

110

103
12
125
104

95

5s

H Ho o

oo

1st gu g 5s '45 opt

bef '16-M&N

Correction: Called July 1 at 102, not 107.
t Called Sept. 1 at 103.
it Last sale,
n Nominal,
r Canadian price.




100M

100

1979

Pennsylvania

Electric

34

36

4

75

76"

62

106 M
107

M&N

107

106

108
106

105
106M

106M

97 %

A&O

98M

90

90

92

104 293i

104313j

102 %
107

102 M

105

f 5s '40. J&J

102"

101M
105 M

106 M
86 M

85

82
Peoples Gas (N J) 1st 5s *68.J&D
87
lstsf 5Ms i960
J&D
19
Peoples G & Fuel 6 Ms ww'37 A&O /
People's G L & Coke, Chicago—
1st cons g 6s 1943
116M
A&O
116M
Refunding gold 5s 1947..M&S
99 M
1st & ref 4s 1981 ser B
J&J
100
1st & ref mtge 4s ser D '61. J&D
Mutual Fuel Gas g 5s* 47 M&N
116M
Peoples Light & Power Corp—
1st lien 5M8 1941
J&J / 107
Conv deb 5s 1979
_J&J /
14
Peoples Light & Power Co—
92 M
1st lien coll 3 6s 1961
J&J
Peoples Telep (Butler, Pa)—
99
4s I960...
J&D
Peoples Tract—See Phila R T
Peoples Water Service (Md)—

98
90

\

117
99 %
100 M

93 M

^

94

Prior lien 5s 1948
1st con 58 1948
1st & ref 5s 1950

96

,

101M

M&N
M&N
F&A

104

100
101

Philadelphia Company—
105
Secured gold 5s 1967
J&D
Ardmore Street 5s 1958 __A&O /
6
110
Duquesne Lt 1st 3 Ms '65. J&D
12
Duquesne Trac 1st 5s *30-J&J /
83
Pittsb Rys 5s 1953
A&O
2d Ave Tr 1st 5s 1934
J&5 / 11
So Trac 1st & coll tr g 5s'50A&0 /
6
United Trac 5s 1997 ctfs.-J&J /
3
West End Trac con 5s '38-J&J /
7
Philadelphia Electric—

103"

"5"

110M
112M

53
82 M
73

81

t Called Aug. 1 at 100.

8

112M

64

117

105 %

110M

110M

1st & ref mtge 3 Msl967--M&S
Philadelphia Electric Power 0°T
1st mtge 5Ms 1972
F&A
Phila & Garretsford St Ry—
1st 5s 1955
F&A
Philadelphia Rapid Transit—

112m
115

107

Co—

1st & ref 4s 1971 ser F
1st & ref 5s ser H 1962

s

104 M
100

106 M
105

1st m r e 6s 1944
J&J
Darby Media & Ches St Ry—
1st 4Mb 1936
f
J&
Hest Mantua & Fairm—
1st extd 5M®1939
/
M&
Market Street Elev Pass Rylst g gu 4s 1955
M&
Union Traction—
Elec & Peo 4s tr ctfs *45. A&
/
People's Traction Co— Vfr
•AO
/
T»

b Basis,

\

d Called Jan. 1 at 103.

82"

94

17

19

55

60

91M

92

8

i..

j
*

18

15

Deb 5 Ms 1959 ser B
F&A
Penn Public Service Corp—

n,

eludes accrued interest,

73

69

Non-cum inc deb 6s 1950-M&N
Penn Central Light & Power Co—
1st & ref 4 Ms 1977
M&N

Omaha & Council Bluffs St Ry—

1st extd 4s 1947
J&J
Ontario Pow 5s '43 op to '13.F&A
Ontario Transmission Co Ltd—

94 %

^

J&D

1st M 5s 1948

105

«.

Oklahoma Natural Gas—
Conv deb 5s 1946

108M

__

104

1st mtge 3 Ms 1966
Debentures 4s 1946

22 m

94 m

1st lien 6s A 1949 w w—F&A
Peoria Water Works Co—
1st consol 4s 1948..
M&N

102

1st mtge

104 %

95

107m

F&A

Okanagan Tel(B C)5Ms '56-J&J
Oklahoma Gas & Electric—

105 %

106 M
75

103m

123m
108 m

Ohio Water Serv 5s A

118m

J&J

109 m

106

117

126 m

118m

112m

Pacific Power & Light Co—
1st M 5s 1955
F&A
Pacific Telephone & Telegraph

1 st ref 4 Ms 1968 ser B. —M&S
Penn Wat Serv 5s ser A '67.F&A

85

106

106

126

111

21m

Penn Water & Pow

Ohio River Bridge & Ferry—
1st 5s 1942
J&J
100 m
Ohio Term (Cleve) 6s 1947..J&D /
38
Ohio Valley Gas Corp—
1st 6Ms 1943 (with warr)
83
72
7 Ms 1943
J&J
Ohio Valley Water 5s 1954—J&J
107

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

NY&Westch Ltg 4s 2004—J&J
Deb g 5s 1954 op guar..J&J
N Y Power & Light Corp—
1st mtge 4Mb 1967
A&O
N Y & Queens Elec Lt & Pow—
1st & cons M 3Ms 1965..M&N
New York Rys Corp—

104m
100

3s 1939-1940

1st 1 & ref 3 Ms ser D 1965. A&O
1st lien & ref 3 Ms ser E'66 A&O
N Y Gas Elec LH&P Co—

111M
111M
110 m

M&S

Deb gold 6s 1976 ser A
M&S
Pennsylvania Pow & Light Co—
1st M 4Mb 1981
A&O
Pennsylvania State Water C»rP—
1st coll trust 4Mb 1966..M&N
enn Telep 1st M 4s 1965..A&O
Penn Water 1st 3 Ms A *67—F&A

1st mtge 4s, 1962
Notes—

NYGELH&P

85
112

111m
111M
111m
109 m

Serv-

78
78

Ohio Public Service Co—

New York Edison Co—

Pacific Gas & Electric Co—
1st & ref M 6s 1941 ser B.J&D
1st &ref M 4s ser G 1964. _J&D
1st & ref M 3 Ms ser H *61 .J&D
1st & ref M 3 Ms ser 11966. J&D
Pacific Light & Power Co—
1st 5s, 1942
J&J

1st L &Ry 5s 1958
M&S
Pennsylvania Gas & Elec Corp—

J&D
A&O

1st mtge 3 Ms 1968

47

103

80

Pennsylvania Gas & Elec Co—
1st 1 & ref 5Ms '55 ser A..M&S

Ohio Power Co98 m
96 m

8*

45m

85

21m

-

J&J

106m

10

83

1 st M coll tr 5 Ms

29 m

1st & ref 6s ser O 1947
M&N
1st & ref 5s series D 1954 .J&D

10

J&D /

Ohio Edison 1st & con 4s '65 M&N
1st mtge 4s 1967
M&S

116

M&N

106m

F&A

1956

Oberpfalz Elec 7s 1946
Ogden

104m

Refunding 5s 1901
M&S
Los Angeles Pacific Co—
1strefg 4s 1950 opt *15—J&J
Los Angeles Pacific RR—
1st & ref mtge 5s 1943.M&S

97

103

Deb 5s

18m

102 M
50

10,

Nova Scotia Light & Power Co—
1st M s f 4s 1957
J&D
NY PA NJ Utilities-

107 m
106 m

A—J&D

Union El (Loop) 5s g'45_.A&O
Northwestern Light & Power—
6s series B 1950
F&A

...

104"

98

5s'43 J&J

Northwestern Electric—
1st 68 stamped 1945
M&\
Northwestern Elevated (Chic)—
1st mtge 5s 1941 opt
M&s

104

Pacific Coast Power 5s 1940.M&S
Pacific Elec Ry g 5s 1942
J&J

M&N

14

110

103

1st coll 5Ms 1960
F&A
Penn-Ohio Edison Co—
Deb g 6s 1950 ser A ex-w.M&N

11

102

105m

Penn-Jersey Water—

17 m

/

101

29

87 m

Northwest Louisiana Gas—
1st M 6 Ms 1936 with warr.J&

A&O

Otter Tail Power Co (Minn)—
1st mtge 4s 1961
J&J
1st mtge 3Ms 1969
M&S
Ozark Power & Water Co—
1st sf 5s 1952
M&S

1st

J&J /

100

A&O
A&O

3Ms Oct 1 19473 Ms Oct 1 1948-

consol gold 5s 1949
M&S
Paterson & State Line Traction—
5s 1904
J&J
Paterson Ry—See Pub Serv Corp
Pecos Valley Gasext6 Ms '44M&N
Pecos Valley Power & Light Co
1st extended 6Ms 1950..M&N

129

M&S

1964

100

100
100

Parr Shoals Pow 5s 1952...A&O

102

1st & ref 5s 1962
A&O
Northern States Power (Minn)—
1st & ref M 3 Ms 1967.
F&A
Northern States Power (Wis)—

99
104
100

Paterson Ext extd 5s 1950
J&D
Paterson & Passaic Gas & Elec

104
65

130m

M&N

96

Refmtgle3MsserB 1966..A&0

107%

Northern Indiana Pub Serv—
1st & ref 5s 1966 ser O
M&N
1st & ref 5s 1969 ser D
M&S

50 m

93

101 M
101M
101 M
101M

__A&0

...A&O

Pacific Northwest Pub
Conv deb 6s 1950

61m

1957—J&J

N'eastern Wat & El 6s 54-F&A
Northern 111 Water 6s 1952—J&J
North lnd Gas & El 6s *52.-M&N

59 m

New Rochelle Wat 5 Ms '51.M&N
97 m
1st 5s series B 1951
M&N
94 m
N Y Cent Elec 1st 5Ms '50.M&S t 103
1st 5s 1952.
J&J d 103
N Y
&
East
River Gas—See

1964

107m

16m

102M

Gonsolidated4Ms 1954
J&J
Newport Gas Lt 5s A 1961.. J&D
Newp News & Hamp Ry G & E—

1st 4Mb 1960
1st mtge 3 Ms

58m

106m

58

Newport & Fall River 8t Ry-

1st mtge 4s 1965
1st M 4Mb 1980

106

86

New Orleans Pontchartraln Bdge
1st s f 7s 1946
18
M&S/
New Orleans Pub Service Co—
1st &ref 5s 1952series A..A&O
104
1st & ref 5s 1955 series B.. J&D
104 m
5s stamped 1942.
J&J
102M

stpd 1958

57

North Penn Gas Co—
1st M & lien 5Ms 1957...M&N
North Shore Gas Co of Illinois—
Joint 1st mtge 4s ser A '42. J&J

101m

M&N

62

5s 1951 M&N
New Mexico Power—
1st mtge 5s 1958
J&J
New Orleans City & Lake—
1st s f 5s 1943
J&J

Prior lien 6s

100%

J&J

8 freg Income 3-6 Ms May 1 *69
N'west Cities Gas 6s 1949—J&

106

conv

1st & ref 5s 1944

108m

21

128

115

Newport Water 5s 1953

106"

109m

115

ser

105m
107 %

108

M&N

M&S

Nov 1949

107

Northern Texas Elec Co—
Coll tr a f g 5s 1940 opt
Utilities Co—
1st lien 4-6s 1968

4 Ms 1983
M&N
N J & Hud RIv Ry & Ferry—

Inc 6s

47

Northern

108m

New Orleans City RR

45

127%
128 M

J&D

A&O

New Mex Gas

108m

32

North Continent Utilities Corp—
1st coll & ref 5Ms '48 ser A.J&J

1st

A&O

3Ms Oct 1 1944
3Ms Oct 1 1945

_

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

100 m
102

Newcastle (City of) W 5s '41 J&D

A&O

A&O

3 Ms Oct 1 1946

108m

Properties

1st lien & ref 7s 1946 A

119

Ottawa El
Ottawa Light Heat & Power—
Ref & coll tr 4s 1957
A&O
Serial notes 3s Oct 1 1939
3s Oct 1 1940
A&O
3s Oct 1 1941
3s Oct 1 1942
3s Oct 1 1943

Ask

49m

Serv—

J&D
Ry 4Mb '48-'55.J&J

^

98

Northern N Y Utilities Inc—

125m

Newark Gas 6s Apr 1 1944._Q-J
New Brunswick (NJ) Lt H & Pow
4s Dec 15 1939
J&D

M&S

Oregon-Washington Water
1st M 5s 1957 ser A

111

F&A
3Ms debentures 1954
F&A
4s debentures 1959
F&A
Nor Amer Gas & El 6s 1949..J&J
North Amer Light & Power Co—

North Texas Co 3-6s

Debenture gold 5s 1978..F&A
Certificates of deposit
Nat Toll Bridge 6s stmp *39.J&J

1st & ref 4O 1981

110m

96

105m
3Ms secured notes 1947
A&O
2
North Carolina Gas 6s 48.-M&N /
100m
North Central Gas 5Ms 1955 A&O

98

m

Nat Gas & El Corp 5s 1953.F&A
5s series B 1947
.J&D
Nat Lt & Pow 6s 1949... Jff&N
Nat Pow & L deb 6s 2026 A.F&A
Deb 5s 2030 ser B
M&N
National Public Service Corp—

New Haven Water—
1st & ref 4 Ms B 1970

109m

Niagara Falls Power—
1st & ref 3Mb 1966
..M&S
Niagara Lockport & Ont Power—
1st & ref 5s 1955 ser A
A&O
Nippon Elec Pow Ltd (Japan)
1st mtge 6 Ms 1953
J&J
Norf & Ports Bdge 6Ms *47--F&A

S f deb 5 Ms 1956
North Boston
Ltg

100M

Nassau El RR—See Bklyn Queens
Nassau & Suff Ltge 5s 1945..F&A
National Electric Power Co—
5s stamped 1978
J&J

&

102 m

Service Corp—

3 Ms debentures 1949

Nashville Railway & Light—
Cons g 5s 1953 opt 1908-..J&J
Ref & ext gold 5s 1958
J&J

Newfoundland Light
1st s f 4Ms 1956

107

North American Co—

Narrangansett Electric Co—
1st mtge 3 Ms 1966
J&J
Nashville Gas & Heating Co—
1st 5s 1951
M&N

Deb 5 Ms 1954

8m
8m

lOlht

1963
J&J
1st 4Mb '39taxex_M&N
Ref mtge 3 Ms ser B 1967--J&J

1st M 5s 1951 ser A..—M&N
N Y & Westchester Lighting—
See N Y Gas Elec Lt & Pow

10 im

Bid

Bonds

106 %

1st mtge 3 Ms gtd

N Y Water

io im

Muncie Wat Works 5s 1965.M&N

New England Power—
3 Ms series A 1961
New England Tel & Tel—
1st 5s 1952 series A
1st 4Mb 1961 ser B

8

19

Mountain States Tel & Tel—

New England G &
Deb g 5s 1947

8

M&N

con

82

Mountain States Power Co—
1st & ref 5s 1938
J&J
1st M 68 1938 series B
J&J

30-yr 3Ms debs 1968

M&N

N Y Tel

105m

1969—--

15

Ask

Oregon Elec Ry 3s 1958

6 Ms 1962 ctfs
New York Steam Corp—

75"

Morgantown Water 5s 1965--J&J
Mount Hope Bridge 5s 1969. J&D
2d income 8s Dec

99*

1st

& ref 5s 1955 series A. A&O
& ref 5s 1955 ser B
A&O
& ref s f 4M« "55ser O A&O
& ref 5s 1955 ser D.A&O

Bid

Bonds
New York State Rys—
1st con 4Mb 1962 ctft

11

M

8M
12

90
/ This price in"

1^939]

AUG.,

bond

prices

are

Bid

Rochester

s

M&S

f 4s 1965

108

J&J
J&J

1st 6s 1954
Phlla & Western Ry 5s

1960-J&J

4

-

43

"6

s

Piedmont Hvdro-El Co (Italy)
1st & refs f 6%s 1960ser A A&O

Safe Harbor
42

1959-M&S

46%

102

Pitts Canonsburg & Wash 5s 1937

7

Pinellas Wat Co 5%s

Pittsburgh Rys—See Phlla Co
Pittsburgh Suburban Water Serv
1st 1 & ref 5s 1958
M&S
Pittsburgh Trac 1st 5s 1927-A&0

102%
12

Plainfleld-Un Wat 5s A 'ftl_M&M
Platte Val Tel 1st 4%s '58--M&N
Pomerania Elec 6s 1953.-M&N

102

Pe

105

Henry L II & P 1st 5s '46.F&A
Elec Pow 6s 1950-M&S

Portland

107
26

20%
21%

22%
76

75%
74%

76

105

106

97

M&S

1st M 5s exten to 1950
J&J
Portland (Me) RR 3Ws 1951-J&J

1st 1 & con m 5s 1945—M&N
Porto Rican Power 6s 1950-M&N
Porto Rican Rys Ltd 5s 1962M&N
Porto Rico Telep 6s 1944—J&D
Postal Teleg & Cable 5s '53-J&J

Conv deb4%s 1959 Ser B.M&S
Conv deb 5s ser A 1957 ..J&D
Power Secur coll tr 6s *49..J&D
Providence Gas 4s ser B 1963 F&A
Provincial Light Heat & Power
5s 1916
M&S

Prussian

F&A

Elec 6s 1954.

Public Gas &Ooke 5s 1952..J&D
Pub Ser of Indiana 6s 1952-F&A

1st 3

As

J&D

series F 1966

Trust certs 6% perpet.-.M&N
Camden Sub 1st 5s 1946 J&J
Ells Plalnf & Cent Jersey Ry—
1st g 5s Dec 1. 1950---J&J

14

107%

109%

109%

100

19

30

41%
102%

|

lst 48 series D 1960

1943

A&O

105%
102%
104

156%

Southwestern
1st M

110

139

106%

105%

Sandwich Windsor & Amherstb'g

83

1st & ref M 5s

102%
106%
110%
105%
9%

D—Q-Jan
F 1955-M&S

ser

ser

Savannah Elec Co 5s g

'52.J&J

Sayre (Pa) Elec 5s 1947.
A&O
Schenectady Ry 1st 5s Mar 1, '46
100

Scioto Val Ry & Pr

103%

111

106%

103

65

224%
87

95%

92%
90%

93

90%
100%

104

105

120

124

97%
100

74
58

98%
101

77

78%

21

Sierra Pacific Power Co—
1st & ref 5s 1960 ser A
1st 5%s ser B 1957

101%

5s

5s

5s

1945.

1946

Richmond

105%
106

Rio Grande Valley Gas Co—
88
1st mtge 5s 1950
—A&O
Roanoke (Va) Gas Light—
1st 5 His 1951
83%
F&A
102
Roanoke Ry & El 5s 1953.-F&A
Rochester Central Power Corp—
75
Deb g 5s 1953
M&S
Rochester Gas & Elec Corp—
Gen mtge 4%s 1977ser D.M&S
124%
5s series E 1962
M&S U04H
Gen 3%s series H 1967...M&S

90

'

85%

5s

J&J

104%
100%

J&J

101
67

70

49

52

Tenn Pow gu 5s 1962 opt.

1st ref 5s 1950
M&N
South Carolina Power Co—
1st lien & ref 5s 1957
J&J

78

13

21%
21
95

117%
127
18

4%,
50

96%
90

;

74

J&D

.M&N

90%
99%
100
91

100%
100%
100

42%

g

5s

1944

J&D
F&A

103

*58--F&A

104

101%

Texas Consumers Water—

1st
80

6s

A

1939

Texas Elec Ry 5s 1947
Tex Trac 1st 5s 1937

A&O f

J&J /
opt__J&J /

6

3%
3%

Texas Electric Service Co—

99
South Jer G E & T—See Pub Serv ice Cor
Southeastern Gas & Water Co—
1st lien 6s 1944.
40
J&D
1st lien 6s x-w 1941
J&D
67
S'eastern Indiana Pow 6s '43 M&N
102
S'eastern P & L deb 6s 2025.M&S
110%
Southern Bell Telep & Teleg—

1 st M & ref 4s Autr 1 '65 F&A
Southern California Water—
1st M 4%s 1960
A&O

69%
65

108%

M

con

1st M 5s 1956 ser B
Texarkana Wat 1st 5s

108

Ref mtge 3%sser B I960--J&J
Southern California Gas Co—
1st & ref 4%s 1961
M&S

J&D

Terre Haute W W Corp—
1st M 6s 1949 s <r A

101%

Debenture 3%s 1945
M&S
Ref mtge3%s May 1 I960-J&J

68

M&N

1st

102

Sioux City (la) Serv 6sl951_J&J
Somerset Un & Middlessex Ltg—

._J&J

36
120

100%

Terni Hydro Elec 6%s 1953.F&A
Terre Haute Traction & Light—

102%
102%

.J&J

___J&J
J&J

Southern California Edison—
1st & ref mtge 4s 1960
M&S

108%

105%

103

A&O

M&N

1953

1st & ref 6s 1947 ser A
1st & ref 5s 1956

103

J&J

_J&D

1958

Ref s f 6s series A 1955
M&N /
Tennessee Electric Power—

101

J&J

5s

Temescal Water 1st 5s A '60 M&N
Tennessee Eastern Elec Co—
1st M 5s 1943
F&A

105%

_J&J

3 %s debentures 1962
3s debentures 1979.

103

104%

Telephone Service (Ohio)—

48

Mtge g 4s Dec 1, 1943
J&D
South Bay Consolidated Water—

26

Deb

54

Sioux City Gas & Electric Co—

29%
30%
26%

106

Telephone Bond & Share Co—
52
75

21

30

107%

104%

105

103

1942.

A&O

Ry 1st 58 1951
A&O
Sutter Butte Canal 6%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&0
1st
5s
1961
A&O

104%

M&S

_

108%

Steubenville Wellsburg & Weir ton

101

r

M&S

1st mtge 4s 1966
Serial debs 3s 1940
3s 1941

M&N

Conv deb 6s 1938
9tettin Pub Util 7s 1946

Silesia Elec Corp s f 6%s'46 _F&A

5s

104%

A&O

73%
66%

66

21%

104%
104%

Shenango Val Water 4s B'61 A&O
Shinyetsu Elec Pow (Japan)—
1st sink fund 6%s 1952
J&D
Shrevp't Bdge & Term 5s'55_F&A
Shreveport Rys—
Gen income 4s (w-s) 1957-A&0

5s

23%
23%
23%

F 1961

74

73

66

97

Shawinigan Water & Power Co—
1st M&col s f 4%s*67 serA A&O
1st coll tr 4%s ser D '70-A&O

98

106%

J&D

20%

56

Seneca Power Corp 6s 1946. M&S t

ser

F&A

64%

M&N /
A&O

103

Standard Telephone Co—
1st 1 coll tr 5 %s *43 ser A.M&N

92

1st coll tr 4s

F&A
Corp—

1st lien 6s series A 1948
1st lien 6s 1948 ser B

92

1st 5s 1944
M&S
Second Ave Trac—See Phila Co-

95

100

91

72

Income 3sApr 1 1959
Seattle Gas 1st 5s 1954
Seattle Lighting Co—

103%

69%
69%

1951

Deb g 6s 1957
Standard Public Service

103%

90

A

105

69%
69%

6s

6s gold debs 1957
F&A
Standard Power & Light Oorp—

12

F&A

ser

-

Debenture 6s 1966

108

Scranton Trans ser A 5s'59.A&0
4s series B1959
A&O

1st & ref 5s 1967

109%
107%

F&A
J&D

Debenture

1st & ref 5s series B1961 .F&A

110%
106%

5

104

6sstmp ext May 1 '48 ..--A&O

Scranton Gas & Water Co—

1st 4%s 1958
M&S
Scranton-Spg Brook Water Serv—

M&S

Convertible notes—
6s stmp ext May 1 '48—.-A&O

80

1st 6s '43. J&D

5%

Standard Gas & Elec of Delware

105

Ry debenture 4%s 1943--J&D
1st & ref 4s 1947

54

73
73

Telep Co—

—

Savannah Electric & Power Co—
80

States

1948

Spokane Gas & Fuel 5s 1944-F&A
Spring Brook Water Supply—
1st ref 5s 1965-A&O
Spring Val Utll ref 6s 1943.-J&D
Springfield City Water—
1st mtge 4s ser A 1956
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
Stamford Water 1st 5s 1952. .J&J
Stand Elec (Calif) 1st 5s '39.M&S

^

106

6s

1st 6s 1949

105

„

F&A
F&A

Southwestern Public Service Co—
1st M s f 6s 1945 ser A....J&J

102%
102%
102%

99

Co—

Southwestern Power & Light—
Deb g 6s 2022 series A
M&S

103

108%

M&N

Southwestern Light & Pow
1st M 5s 1957 ser A
1st M 5s 1957 ser B

106%

103%
103%
103%

-

San Jose Water Works—

103

A&O

1st & ref M 3s ser O 1968--J&J
Southwestern Gas & Elec Oo-

1st mtge 3%s ser A 1961—J&D
Santa Barb Tel 3 %s ser C'66 J&J

Rhine-Westphalia El Pr (Germ'y)
Mtge g 7s 1950M&N

3%s ser I 1967.M&S
3%s ser J 1969-M&S
Rochester
& Lake Ontario
Water extend 5s 1951....M&S
Rocb Ry cons 5s g 1930....A&O
2d 5s g 1933 ctfs of dep...J&D

4s

88

Southwestern Bell Telephone—
1st & ref M 3%s ser B '64 J&D

106%

102

1940

104%j

_

Gen mtge
Gen mtge

100

San Antonio Public Service—
1st mtge 4s 1963
Serial notes 4s Apr 15

91

90

1st M 5s 1961

__M&8

106%

Public Service Co of Pa—
60
1st lien & coll 5%s '53
J&D
Public Service Elec & Gas Co—
1st & ref M 3 His 1968.
111%
J&J
1st & ref 5s 2037
J&J
152%
1st & ref 8s 2037.
J&D
221
Public Utilities Consol Corp—
85
1st M 5%s 1948
M&S
Secured conv 6s 1938
M&S /
55
67
1st coll 4-5%s 1948
A&O
Puerto Rico El Pow 4s to '56.J&J
98

(Ind) W W Corp—
1st M 5s 1957
.M&N
Richmond (S I) Lt & RR
1st coll tr b 4s 1952
J&J

110%

109

104%

Public Service Co or Oklahoma—

A&O
F&A

100%

116

-------F&A
5s 1958 F&A

93
67

34

(Okla)—
..M&N
S'west Nat Gas inc 6s 1966--A&O
S'west Pub Serv 6 %s 1937.. M&S /
Southwest Telep 6s B 1947-M&S
1st 6s series O 1947
J&D
Conv deb 6s ser A 1932
J&D f
Southwestern Assoc Telep Co—

„

F&A

127

SouthweRt Gas Co
1st sf 6s 1954

107%

—M&S

78

Utah Power Co—
1st M 5%s May 1. I960..M&S
Southslde Va Pow os 1956.-F&A

101%

1st & ref gu g 58 '39
St Paul Gas Light—

1944

99

105%

Southern

2

100%
106%

129

M&N
F&A

101
101

1
Debs f 7s 1942
_M&N/
San Joaquin Lt & Power Corp—
Unif & ref 6s 1952 ser B__m&S
138

104

5s Marchl ,1953.M&S

Union—
J&J

10-year coll s
Southern United Gas Co—
Non-cum 6s (ws) 1951

104

21

105

95

Queensboro Gas & El 5s '52.J&J
Conv g deb 5 %s '52 ser A.A&O
Republic Nat Gas 1st 6s 1954J&J
Republic Service Corp—
1st coll trust 5s 1951
J&D

100

20

104

2d 6s *14 ext 5% to *44-A&O
So Jei sey Gas El & Trac—

Puget Sound Power & Light—
1st & ref 5%s 1949
-J&D
1st & ref 5s 1950 ser O
M&N
1st & ref 4%s 1950 ser D.J&D
5%% notes 1940
F&A
Quebec
Power—
1st & coll 4sl962
M&S

1945 A&O
11*45 A&O
f 6s 1942—A&O

42%
103%

110

62

1st mtge 4s ser A 1966
F&A
Serial debs4s Feb 1 1946—F&A

1st & ref 5%s series 1
1 st & ref inc 5 %s ser

116

opt-_J&D

104%

Southern Trac—See Phila Co
Southern Union Gas—

104

Apr 15 1941
Apr 15 1942
4s Apr 15 1943
—
4s Apr 15 1944
4s Apr 15 1945
4s Apr 15 1946
4s Apr 15' 1947
4s Apr 15 1948
San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965__M&N
San Diego Co Wat 6s A '62.M&8
San Francisco Bay Toll Bridge—
1st M sink fund 6%s '573I&N /

109

155

1st M pipe line s f 4 %s '51 A&O
Southern Neb Pow 5%s B'47 J&J
South N E Telep 1st 5s 1948. J&D

106%
106%

53

105%

(Calif

M&N
Corp—

Adj mtge Inc Jan 1 6s *60. A&O

107

4s

Ry—

Public Service Co of Nor 111—
1st mtge3%s 1968
..A&O

106
a

3% serial notes 1942
J&J
3% serial notes 1943
-J&J
Joseph Water 4s A 1966--A&O
St Louis Co Gas 1st 5s 1951 _A&0
St Louis Springf & Peoria RR—

5s 1949

13%

J O Hob & Pat 4s 1949...M&N

Direct mtge 6s 1952
Con mtge 6s 1953
Cons 6s 1955
7« extended 1941

107%

6s 1940-1943

104

Rhine-Ruhr Wat Serv
Extl deb 68 1953

107%
106%

f 4%s 1979. - --J&D
Saguenay Power 4%s A 1966 A&O
1st 4%s series B 1966--—A&O
Serial notes 2 %-4s to 40--J&D
St Clair County (111) Gas & Eh—
1st cons guar 5s 1959----M&S
St Joseph Ry, Lt Heat & Power—
1st mtge 4%s 1947
J&D
3% serial notes 1940
J&J
3% serial notes 1941
J&J
1st mtge s

San Angelo Telep 1st

107

Eliz & Rarltan Riv 5s '54-M&N
Elizabeth & Trent 5s 62-A&O

Guar g

106

San Antonio Gas & Electric—

Public Service Corp of N J—

Paterson

104

78%

97%
99%
97%
103%

107

Counties Gas
1st M 4%s 1968

Salt River Val Water Users Assn

Public Service Co of N H—

1st mtge 3148 ser O 1960--F&A
1st mtge 3%s ser D *60--M&N
1st 3 His series E 1961—.--F&A

Southern

Southern Natural Gas

Salmon River Power—

Potomac Edison Co—

1st mtge 5s 1956 ser E
M&N
1st
1961 series F..A&0
Potomac Electric Power—
1st mtge 3%s 1966
J&J
Power Corp of Canada Ltd—

40 ~~

-A&O
Water Pow Corp—

Guar 5s 1952-.

77

Southern Colorado Power Co—
1st g 6s 1947 series A
J&J

103%

79%

79%
107%

63
48

102

Gen gold 5s

Portland General Elec Co—
1st & ref 4%s 196u

61

St

Portland

(Ore) Gas & Coke—
1st & ref g 5s '40 opt *20__J&J
1st l'n & gen 4%s 1940
J&J
Portland Gas Co 1st 5s 1951.F&A
Portland(Me) Gas L 5s A'50 A&O

f

1958-M&S

1948-—M&N

Gen M 4%s May
1st s f 4s Oct 1945

101

J&J

f 6s series A 1953

Southern Cities Utilities Co—
1st lien & coll 5s 1958
A&O

Rumford Falls Power—

Philippine Long Distance Tel—
1st

4%sinc A notes

Bid

Bonds

Ask

Corp—

Transit

S f 4%s inc B notes 1958-M&S /
46
104
Rome (Ga) Ry & L 5s '46—A&u
31%
Ruhr Gas Corp 6%s '53 A..A&0 /

33

1954

3 f

108%

Phila & West Chester Traction
1st 4s

Bid

Bonds

Ask

Phlla Suburban Water Co—
1st

where marked "f" and income and defaulted bonds
possible for the closing day of the month preceding the date of Issue

"and interest" except

Quotations for all securities are as near as

Bonds

77

UTILITY BONDS

PUBLIC

NOTICE—All

108%
106

108%
104%
109%
109%

99%

1st mtge 5s 1960
Texas Gas Utilities Co—
1st 2-6s 1951..

44
71

103

110%

108%
106%
109

J&J

104

M&S

28

Texas Hydro Electric Corp—
1st mtge 6s ser A 1956
A&O

Texas Pow Corp 6s 1956
General

6%s

1956
Texas Power & Light—
Deb g 6s 2022 ser A
1st & ref 5s 1956

M&S
M&S
j

J&J

M&N
Texas Pub Serv 1st 5s (w-s) 1961
Texas Traction Co 5s 193/--J&J

89%
100
92

112%
107
98
1

104%
109%
109%

105%
108%

106%

103

105

109

Southern Canada Power—

4%s 1962

*

Called Sept. 1 at 108%.

k Last sale,

n

Nominal,




r

t Called Sept. 1 at 102%.

Canadian price.

A&O

t Called Sept. 1 at 104.

108

a

Average price,

b Basis.

/ This price includes accrued interest.

PUBLIC UTILITY BONDS

78

NOTICE—All bond prices are "and interest" except where marked "f"
Quotations for all securities are as near as possible for the closing day of the

Ask

Bid

Bonds
Third Avenue By (New York)-—
1st ref g 4s 1960 opt aft 14 J&J
Adi inc g 6s Jan 1960 opt- Third Ave RR 1st 5s g 37--J&J

1st 5s g 1942
F&A
Westchester El 1st 5s g 43-J&J

Union Ry

1946--A&O

Yonkors Ry 1st 5s

1st 5s '79-F&A
Toho Electric Power (Japan)-1st s f 7s 1955 ser A—M&S15
Tokyo Elec Light Co (Japan)-Tide Water Power

43 k

Washington Water Power Co—
1st & gen 5s 1960
J&J X 104'SJ
1st mtge 3 ks 1964—
105k
J&D
Waterloo Ced Falls & No Ry—
1st M s f g 5s 1940
5k
J&J /
/
5k
Certificates of deposit
Waukesha Gas & Electric Co—
116
1st
5s
1959
J&J

44

8k
93x

9

65
53
50

54""
99 k

6s 1953 series.--J&D15
Toledo Edison 3ks 1968
J&J

51
108 Hi

5154
108k

1948-—------J&J
Traction Term 1 Corp 5s 57.-J&J
Trenton G & El g 5s 1949 -M&S
Trent'n Pass Ry 1st ext 6s 61 A&O

103 k
73

75""

1st

g

S f deb 4s

Trenton St Ry ext
General 6s 1941

--J&D
*56 A&O

Troy City Ry 1st cons 5s 42 A&O
Troy Gas Co 1st 5s 1939—M&N
Twin City Rapid Transit Co—
1st lien & ref 5ks A 1952J&D
1st lien & ref 5 k8 0 1951--J&J
Twin States Gas & Electric—
1st 1 & ref 5^s 1945 Ser A_M&S
Tyrol Hydro-Electri'c Pow Co—1st M s f 7Ks 1955
M&N
Guar s f 7s 1952
F&A

3

(Japan)—
M&S15

2d extended

64

k

61k

6454
62k

22

76 k

80 k

Union Elec Co of Missouri—
lstmtge & coll tr 3 k8

3% notes, 1942
Union Elev

1962 J&J

—.—

kR—See

J&J

N W Elev
'40M&S

Union Gas & El 1st ext 6s

Union Gas Co. of Canada—

1st serial 4s 1939-42 ——J&D
1st serial 4ks 1943-45
J&D
1st 4 k8 1950
-J&D
Union Gas System—
1st M & colls f 5s

_

A&O
2d ext 4s Mar 31 1960
A&O
Union Pub Serv (Del) 6s '39-J&D
Union Ry—See Third Ave Ry
Union Traction—See Phila R T

98k

15-year

100k
102
88
107 54

84*

97

Virginia Public Service Co—
1st & ref 5k8 1946 ser A—F&A
1st & ref 5s 1950 ser B
J&D
1st & ref 6s ser O 1952
M&S
Deb s f 6s 1946
F&A
Wabash Telephone—
1st M 4ks A 1956
J&J
Washington Gas & Electric Co—
1st s f 5Hs 1947
F&A
1st M 5ks 1953
J&J
1st M 5s 1955
M&N
1st lien & ref 6s w w 1960-F&A
Washington Gas Lt 6s '60
M&N
Wash Ry & El g 4s 1951—J&D
Anacost & Pot 5s 1949
A&O
1st guar 6s 1949
A&O
City & Sub 5s g 1948—__F&A

104 k

76

28

Bear

Beauharnois

65

4

Beaver Valley Water 6%

pref_100

96

70

BeU

173

99 k

Telephone (Canada)
100
Bell Telep of Pa 6k % pref --100
Beverly Gas & Elec
25
Birmingham Elec $7 pref
*
$6 preferred.
*
Birmingham Gas common."53.50 prior preferred
50

110k

70k

71k
100

*52- -J&D

454

103

Boston Elevated

109 k

3k

22k
108

85""

104 k

72k
53 k

110k

99 k

100

9854
102

99

95

103 k

Canada Nor Pow com
Canadian Marconi

102

—

——

1961-

Corp—
J&D

Capital Transit (Wash, D C) 100
Carolina Pow & Light $7 pref —*
$6 preferred*

109k

105 k

6 % preferred

Cent Hud G & El

24

25

Cent Illinois Light 4 k % pref-100
Cent 111 Pub Serv $6 pref
*
Cent Indiana Gas 6k% pref-100

105k

105k

89
82

Prior

90

56 k

57 k

129

110
93

93 k

& Light com

*

*

-

*
pref—100
-

Amer Public Serv 7%

97 k

American Service $3 preferred. „♦
Amer States

22 k

17 k

36
113

8k
17 k
%

36k
113k

2k

k
k

$5 preferred

112

2 k

2k
8k

*

$6 preferred.

Utility com

,

16k

Corp

28k
5k
45 k
40 k
92

94

21

22

1

lk
15k

coin

llM

29

25

5k% preferred
Amer Superpower
First $6

*

AH
46
41k

*

*

No par value,




t Paid off June 1 at 100.

J CaUed Aug. 1 at 104k.

& Basis.

50

22 k
106
2

10c*
4

78 k

78k
104
104

15

98 k

92

75

77
20

/ Flat price,

90c

40k
14 k
114k
112
75
61
62

97 k

63

*

107

*
pf--*
pf-*
Central West Co. v t c
5
Chester Water Serv 5k% pref—*
Chic City & Con com part ctfs—*
Pref par tic ctfs
*
Chicago Rys partlc ctfs ser 1—100
Series 2
100
Series 3
—100
Series 4
100
Cincinnati Gas & Elec 5% pf 100
Cincinnati Gas Transp
100
Cine New & Cov Lt & Trac. .100
Preferred
,—100
Cincinnati Street Ry
50
Oincin & Suburb Bell Telep—50

lk

lk
4k
102
1

102

k

107
90

2k
98

10

Preferred BB

Cities Serv Pr & Lt $6 pref

5k

100

Cities Service com—
Preferred

53 k
5

*
*
*

*

$7 preferred

50
77 X

78k

Citizens' Pass Ry—See Phila R T
Citizens Traction—See Phlla Co

2k

Citizens Utilities com

dividend.

il"
27 k

—60c
*

Preferred B

lk
16k
k

18k

preferred--.-..—

Preferred $6 series

Hen

Cent Vermont Pub Serv 6%

22

*

0% preferredAmer Power

115""

6

12k
43k

95 k
89
109
99

*

100
100

Central States Pow & L $7

"W arrants

—25
25

2k
150

106 k

Central States Edison

57

k

Traction.

27 k

com-

Preferred

87

pref
50
Amer & Foreign Pow com
*
$7 preferred.
*
$7 second 2nd pref series A—*
$6 cum pref
*

&

36

preferred

Cent & S W Util

96

80

AUontown Beth Gas

American Light

8k
33

100

6% preferred

1st $6 preferred

45 k

100

5% preferred

94

95k
88 k

*

Amer Gas & Power com

71k

—100

Cent Ohio Lt & Pow 6% pf
Central Pow & Light 7% pref

*
*

75

154

Central N Y Power Corp—

95

PUBLIC UTILITY STKS.

76

-

$7 preferred

94k
93 k

*37opt_J&D
J&D

*

com.—

Cent Indiana Power 7% pref 100
Central Maine Pow $6 pref
100

120

73 k
70k

60

77
85

102

*

104
113

100

80

Ry—See Third Ave Ry
(Pa) Gas 1st 5s 1941.M&N

$6 preferred

4
44 k
56

145

73

York Haven Wat&P 1st 5s'51 J&D

*

77

.—100

4 k % preferred

$6 preferred
$5 preferred

121k
52 k
83k

Cent Arkan Pub Serv Corp pf 100
Central Elec and Tel com
1

Wuerttemberg (Germany)—See

74 k

*
1

Carolina Tel & Tel

50

46

Cum income 6s 1952
J&D
Cum income 6s (w s) 1952-J&D

Hyaro-Elec of
Wyoming Vail P S 6s 1971-A&0
Yadkin River Pow 1st 5s *41 A&O

k

Wireless Ltd—

102

102k
—

Amer Gas & Elec com

104 k

*

C--25
Brooklyn Edison
100
Bklyn Manhat Transit
*
$6 preferred series A
*
Bklyn & Queens Transit com
*
16 preferred
*
Bklyn Teleg & Mess'ger (gu).100
Brooklyn Union Gas
*
Buffalo Niagara & East Power—
$1.60 prior preferred
26
$5 1st pref
*
c

102

106

Warrants

96

—*
20
♦

102
102

105k
102

Allegheny Traction—See Phila Co

110k

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Corp A

Ordinary shares
Amer dep rec 7k% A ord—£l
Amer dep rec B ord
£l
Amer dep rets 5k % pref£1
Calif-Oregon Power Co—
6% preferred series of 1927 100
6 % preferr ed
100
Oalif Water Serv 6% pref
100
Calif Water & Telep 6% pref
25

110k

Alabama Water Service 6 % pref. *

21

H0k

*

Class B—-

99 k

-.-J&D

Alabama Power $7 pref

20"

100

Pow ord

Brockton Gas Light Co v

109k

June 1 1940

York Rys 1st M t 5s
5s stamped 1947

Ry com

Brazilian Tr Lt &

Cable &

Wolverine Pow adi 4 Xs Mar 1 '59
Worcester St Ry 5s A 1947.J&D t

York

-

Blackstone V&i Gas & El pref-100
Edison Co
100

Yonkers

102 k

$6 preferred
10
Birmingham Wat Wks 6% pf-100
Boston

Consol

5
15

72

Worcester Transit Association—

99

101k
100k

2k
SIX
81X

68

70 k

75

Public Service

4s

Power

—

60 k

M&N

4% June 1 1945_
4% June 1 1946mtge

4

81

93

4% June 1 1944—

1st

113

*

98k

F&A
'45-A&0

4% June 1 1943_

Wisconsin

1.50

19k
140

68

Wisconsin Michigan Power Co—
1st mtge 354s 1961
J&J
Wisconsin Power & Light—

4% June 1 1941
4% June 1 1942

Mt

40c

-25

com

Westphalia United El Pr (Germ)
20
1st M s f 6s 1953
J&J /
Wheeling (W Va) Electric Co—
105k
1st M 5s 1941 opt_
M&N
105k
Wichita Water 6s 1949—
M&S
102
1st M 5s 1956 ser B
F&A
105k
1st M 5s 1960 ser C
M&N
Williamsport Water Co—
103 k
1st M 5« Aug 1952ser A... F&A
102 k
Winnipeg Elec 1st 4k» I960 .J&J
1
72
Gen 4-5s series A 1965
J&J
52 k
Gen inc 4 -5s ser B 1965
J&J
109k
Wise Elec Power 3ks 1968-A&0
60
Wise Fuel & Lt 1st 5s 1948..M&N

Serial debs 4%

119k
*
100

v t c

-100
100
Hudson River Bdge—*

98

Co—„

1st mtge 4s ser A 1966

65

Transit Co

101

Preferred vtc

98k

1st mtge 3ks 1966
A&O
Wisconsin Hydro-Electric Co—
1st M 5s 1947
...A&O

3054

3
2

Atlanta Gas Light 6% pref
Atlantic City Elec $6 pref-

Bangor Hydro Elec com
7% preferred
6% preferred

101

M&N

5s

*

Balt

Wisconsin Gas & Electric—

94

Utica & Mohawk Valley Ry—

J&D

105"

103 k
107 k

27

*

Class A

7

104

5%to'4lK&N

Wat

2k
25 k
26

$4 preferred

5k
l3k

„

I960

—*

Telep Co Ltd $1.25 pf—*
Assoc Telep & Teleg $6 pref
*
$7 1st preferred
100

107

Assoc

M&N
M&N
J&J

f 6s 1952

*

Westmoreland

49 k

_

1968—M&S

5k8

5
Hi

Investing Companies
Associated Public Utility

Western Utilities Corp—

t

1941
M&S f
Utilities Power & Light Corp—
Deb a5k8 1947
J&D
Deb 5s 1959
-—F&A
Utilities Public Service Co—
Conv 6s 1933
J&D
Vermont Ltg Corp 1st 6s'44 A&O

ref

Mut Un 6s ext at

97 k
1951 ser A-92 k
1951 ser B-United Electric Service (Italy)
42
Extl 1st s f 7s 1956 ser A__J&D
United Gas & Fuel (Hamilton)—
99
1st s f 5^s 1948
J&J
United Ilium Co New Haven—
101 Hi
1st 4s Feb 1 1940
F&A
United Light & Power Co—
87
Deb g 6k81974
M&N
107 k
1st 1 & consol 6His 1959--A&O
83
Deb g 6s 1975
M&N
118..
United Lt&Eva(Me)6s A'52 A&O
82 k
Deb 6s 1973
—J&J
90k
Un Lt Rys (Del) deb 5Hs.52 F&A
United Public Utilities Corp—
96
Conv coll tr 6s A 1960
J&J
93
Conv coll tr 5H»s B 1960—J&J
38
United Rys Cos 4% ctfs '49.J&J /
United Railways of Havana—
Eq 7 He Feb 16 1936
F&A / 14 k
United Rys of St Louis—
30k
Gen g 4b July 1 1934
J&J
26
City & Sub Pub Serv 5s '34.J&J /
United Securities Co Ltd—
64
Coll s f 5H8 ser A 1952..M&N
64
Coll s f 5Hs ser B 1952—M&N
87
United Telep Del 6s A 1948 A&O
100
United Tel & Tel 5k8 A '53.M&N
100k
1st Hen 6s ser B 1953
M&N
United Traction (Albany)—
1
Con g 4Hs 2004—,
J&D/
Unit Trac (Pgh)—See Phlla Co
Unterelbe Power & Light Co—
21X
Sink fd M 6s 1953
A&O
Utah Lt & Tr 1st 5s 1944 A—A&O
110k
Utah Power & Light Co—
98
Deb 6s May 1 2022
M&N
10154
1st lien gen M 5s 1944—H&A
1st lien & gen M 4 His 1944.F&A
99k.
Utica Belt Line Street Ry—
1st 5s 1939
—M&N /10^
120
Utica El L & P 1st 5s 1950---J&J
128
Utica G & El ref & ext 5s '57 J&J
Co Bldg (Kanata Realty)—
6s
1956
F&A
100k
Gen ref M 4s Jan

4ks

105 k

J&D

1946

<

Assoc General Utilities—

129k
108k

Union Telegraph—
Fdg & R E M 4ks g '60--M&N
25-year g 5s 1951J&D
30-year 5s Mar 1 I960--.. «*&S

Gen ref M 6s Jan

5
5

*

102 k

Western

119

1st & ref M 3Hs B

coup notes

&

8k

see

1967--J&J

Western Public 8ervice
1st

2

Option warrants

Western Pr Lt & Tel 6s 1948

100 k

k

2k

*

*

76

.-

Western States Util 6s A

'49—J&D
United Elec Rys (Providence)—

Vesten Elec Ry 7s 1947
V rglnia Electric & Power—

—

M 5b 1951
5s series B 1950
Deb s f 6s extd 1950

52

*51 ser A_M&N

1st

Gen mtge 3ks gtd

1st

57

k

♦

»

101k

Westchester Service Corp—4s 1948-1953--

1st M 5ks 1950

63

88

-1

*

1st mtge 3 54s ser A 1969-M&N
West Virginia Ohio River

Western N Y Water Co—

103"

94

-1

com

55
67

Western N Y Utilities 5s *46. J&D

103

First lien 5ks

Associated Gas & Elec

Western Mass Cos—

Union Water Service Co—

Unit Elec Co or N J 4s

110k
115k

5ks 1956---M&N

1st

Union Passenger Railway—
1st 4s Mar 31 1961

121

$4 preferred.

100

60

2k
2 k
7k

*

106k

115

102 k

102

5k
43 k

10

110

10154

_

1948—J&D

3k
35

60

120k

M&S

A&O
Western Cont Util 6s 1944.-M&S
Western Lt & Telep 5s 1954-A&O

97

Missouri Power—

Utilities Co—

Texas

3k %

106

•

108 k

98

110k

♦

100 k

106

108

_

preferred

70

68

Westchester Elec—See 3d Ave Ry
Westchester Lt 1st g 5s *50--J&D

30

*
*

—

*

com

*

Bridge 3 k-6 ks, 1960
J&J
West Virginia Water Service—
1st mtge 4s 1961
A&O

103 k

22

West

92 k

*

West Philadelphia Pass Ry—
1st ext 3ks 1956
A&O

100

Edison

6k
Ilk

*

Common

101

1954
J&D
2030-A&0

1st M 5s 1963 series E

104

UJlgawa Elec Power
1st M s f 7s 1945

Arizona

Arkansas

100k

1st M 3ks ser I 1966
J&J
West Penn Tr 1st 5s 1960--J&D

10

*

*

25

Appalachian El Pow 7% pref
6% preferred

7

102

West Penn Elec deb 5s
West Penn Power—

50
40

Tri-County Telep 4 k8 B

7

com—

Trac—See Phila Co

West Ohio Gas 6s A

119

5s 1968--J&J

End

West

100

com

6% preferred
Amer Wat Wks & Elec
$6 1st preferred

Arizona Power $6

Hydro-Electric—
1st 6s ser A 1950J&J
Conv deb 6ks 1945
J&J
West Coast Telep 1st 4s '64-M&S
West End St Ry—See Boston El

66

167
27c

Amer Utilities Service

105k

West Canadian

64

Bid

Telep & Teleg

American

-

96 k

99 x

Stocks

Ask

Bid

Bonds

and Income and defaulted bonds
month preceding the date of issue

k Last sale,

n

Nominal,

r

Canadian price,

z

Ex-

Aug., 1989]

Stocks

Par

Bid

are at near

(Pa)
7% preferred
100
City Water Co (Chat) pref
100
City Water (New Castle) pref .100
Clear Springs Water pref
*
Cleve Elec ilium common..

mt

74
39

*

Coast Co Gas & El 1st
pref. .100
Colum G & El Corp (Del) com..*

106

108

734
8434
7534

100

100
100
Columbus & Southern Ohio Elec

794
85

7834
7134

69

100

11334

11434

100
25

113

114

3134

Commonwealth Gas

3134
134
194
34
6834

1

Commonwealth & Sou Corp com *
Optional warrants
$6 preferred.
Commonwealth Tel (Pa) 7% pf 20
Commonwealth Water & Light—
6% preferred
*
7% preferred
..*
....

Community Pow & Lt

134

4

n

■

95

n

100

Community Pub Ser com
Community Water Uerv com..
7% preferred
Concord Elec Co 6% pref
100

8

34

2694
54.
16
116

Common
Conn Gas & Coke Sec pref
Common

*

*

•

48

40

100
25

50

100
100
*

Cons Gas EL&IM Bait)

100
*

com

$5 preferred
*
Consol Gas Co (Pgh) pref
50
Consolidated Gas Utilities com.l
Cons Trac of N J—See P S Corp
Cons Trac (Pittsb)—See Phila Co

100
*

$4.60 preferred
Continental Gas & Electric—

*

52
9

1034
84

118

3234
10734

32
1

134

28

2634
178

101

54

60

94

134

100

110

11234

5 H% preferred
100
Dallas Power &i Light 7% pref 100
6% preferred
*

104

107

Danoury & Bethel G Sc E pf...25
Dayton Pow & Lt 4H% pref.100
Denver Tramway com
*

26

118

-•

11134

East Middlesex Street

Ry..

34

135

Gas

pref

Conv stock

$5 preferred

534
194
934
21

88
84

90

86

2
31

334
32

434

J**

68
59

,

534
934
6894
61

1.50

*
*

834
3194

*

27

* k

22

7% Preferred
Eliz & Trenton RR

394

2734
July 27
434

—

7%

100
...

95

3

3434

..100

Preferred

53
60
111
215

222

47

51

6534

6934

63

66

6334

64

61

6234

6034

6434

Empire Telephone

Fall River Gas Works

25
15

Light & Tr

Federal Power & Light

com

Without par value,




39

1534
11434
12
1

1294
8794
9334

3"

50
*

57

*

109

6

lA

1334

104

10934

4

5

101

104

334
634
1834

nK*

4

634
1934
Mar 17

~4
75
25

20

34
28

35*

634
634

694
694

2334
634

2534
734

5

1134

1234

31
68

34
70

78

80

Missouri I'ow & Lt $6 pref
Missouri Pub Service com

534

»

434

594

534

17
19

2034

Italian Superpower—
See Investing Companies.

Montreal L H & Pow Cons
Montreal Telegraph
Montreal Tramways com
Mountain Fuel Supply
Mountain States Power—

r

Jersey Cent Pow & Lt 7% pf_100
6% preferred
100
534% preferred
100

*

Ex-dividend.

10734
10394
97

92

3

434
88

*

9834
10794
10834

*

*

100
7

6

994

*

"294
7

694
34
94
9134
8534
7934
85

$3

494

8634
103

*

r

40
100

r

3234

494
6634
133
29

$534 preferred stamped
Mew Eng Pow Assn com

*

105

3234

5

6834
136
31

1534

4

Nevada-Calif Electric com
100
Preferred
100
New Bedford Gas & Edison Lt-25
New Eng Gas & Elec Assn—

2934
734
7834
8834

4534

10

1st pref 100
100

5

1494

National Gas & Elec com
National Power & Light com

*

34
101

65

10

*

8394
11734

55

r

44

$6 preferred

A
l

9334
8634
8234

97

2734
694
77

50

Nebraska Power 7%

794
734

34
100

preferred

conv

994
34
3

88

8234
115

*
*

Mountain States Tel & Tel—1O0
Nassau & Suffolk 7% pref
100
National City Lines com
1

894
9034

434
9

9234

115

117

107

109

3

6

40

42

54

3034

3134

*

14

15

100

74

*

24

76
25

138

140

6% preferred$2

preferred

35
109

10534
99
93

*

1

50
12

$6 preferred
$6 prior pref
New England Tel & Tel
New Haven Water
New Jersey Pow & Lt $0 pref
New Jersey Water pref

6% preferred

133
34

*

194

26*

*

100

7% preferred

New Mexico Gas

40

*

100

434

*

|7 preferred

100

x

100

Monongahela L & P—See PhilaCo
Monongahela St Ry—See PhilaCo
Monongahela Val Water 7% pfd.
Monon-West Penn P 8 7% pref 15
Montana Dakota Utilities com. 10
6% preferred
100
6% preferred
100
Montana Power 6% pref
*

103

..100

89

Mississippi Power $6 pref
*
$7 preferred
*
Miss Power & Light 6% pref
*
Mississippi Riv Pow 6% pref.100
Mississippi Valley Util
*

*

certificates

634
78

Convertible pref A
__*
Midland Util 7% prior lien.. 100
6% prior lien
—100
7% preierred class A
.100
6% preferred class A
100
Minnesota Pow & Lt 7% pref 100
$6 cum preferred
100

$7 prior preferred

arrear certificates

1234

New England Pow Co $0 pref.100
New England Pub Ser com
*

106

arrear

Canadian price,

Middle West Corp com.—.
Midland United com

101

15

23

Mass Utilities Associates—
See Investing Companies.

10134

6%

r

Common without warrants
$2 Preferred
Warrants

*

Jamaica Water Supply
$5 cum pref ser A

Nominal,

Ry(San Francisco)
6% prior preferred

*

Common

2234

Marcon Int Marine Commun'y—
Amer dep rets for ord shs
£1

6% preferred

1934
1694

n

106

109

Companies.

95

k Last sale,

14

Utilities—

Jamaica Pub Service Ltd..
Preferred

34

110

100

1894
1634

60

6

21

7%

61

434
2394

58

Warrants

Iowa Southern Utilities—
Common

2

97

100

194
494

14

100

88

Maiden Electric Co
25
Maiden & Melrose Gas Lt
25
Manhattan Railway 7% guar 100
Modified 5% guar
100

Michigan Gas & Elec—
7% prior preferred

80

6V4% preferred
$7 preferred

10434

~2

110

..100

96

$7 preferred
.100
Lynn Gas & Elec Co
25
Mackay Companies4% pref.. 100

105

9

$6 preferred
1
*
Investors Telephone com
*
Iowa Electric 6 34s pref
100
Iowa El Lt & Pow 6% pref..100

51

100
100

105

*

50c

1434

1634

79

7% preferred

100
Preferred
100
Lowell Electric Light
25
Luzerne Co Gas & El $6 pref.100

100

33

*

114

Mexican Utilities preferred
Michigan Consol Gas

11034

*

18

103

100

1034

30c"

109

See Investing

78

334

100
100
*

*

100

*

51

Units.

32
20c

10234

5

100

1st preferred
Internat Power Securities
International Ry v t c

834
134
3634

$5 cum preferred
$6 preferred series O
$6 prior preferred.*
7% prior preferred
Mexican Northern Ry com
Preferred

41

934

2294
594

93

com

Preferred ($6)

10c

Internat Ocean Teleg (guar)..100
International Power Co
*

5

75

Memphis Natural Gas
Metropolitan Edison Co—

70
37

34
3534

7% preferred
—100
Indiana Telephone Corp
..100
Indianapolis Power & Light—
6% preferred
100
634% preferred
100
Indianapolis Ry Co v t c
100
Indianapolis Water 5% pref—i00
Interboro Rapid Transit..
100
Internat Hydro-El Syst A
25
Conv pref $3.50 series
50

99

103

1294

68
35
46

6% pref. .100

Interstate Natural Gas
Interstate Power pref $7

834

6% Preferred
25
Engineers Pub Serv com
1
1234
$5 cumulative preferred
*
7634
$5)4 pref (with warrants)
*
85
$6 preferred
*
9134
Essex
Company
...50
58
European Elec class A
10
5
Option warrants
54.
Fairm't Pk & H^dd Pass Ry—See Phila R
Fall River Elec Light
25
58
Federal

6% preferred

International
115

8
20

334

Indiana Hydro Elec 7% pref.100

Iowa Power & Lt 7%
pref
Iowa Pub Serv $6 pref

*

com.

60'

Service^—

Foreign share ctfs

50

Bay State Tel (gu) 100
Empire District Elec 6% pf_.100
Empire Gas & Fuel Co pf 8%. 100
Preferred 7%
100
6)4 % preferred
100
6% preferred
100
Empire Power Corp—
See Investing Companies.

294

100

General

International Telep & Teleg

Ellxabethtown Water Com...100
Elizabeth town Consol Gas
100

Empire &

30

Elec—

7% preferred
Indiana

Internat Teleg of Me (gu)

35

111

50

-

com

50~"

*

894
1534
50

Mass Power & Light Associat'n—
Common with warrants
*

111

50

5% conv preferred

Indiana Service Co

1.50
9
32

com

3134
40

34

Arrears certificates
Illinois Power & Light—

Indiana & Michigan

434
14

1.30

Preferred series A

Illinois Iowa Power common

cl A

110

2434

*

71

Market St

*

100

pref

4

67
89

Marion (Ohio) Water 7 % pref.100
Marion Reserve Pow $5 pref
*

75c

1
*
*
50

com

5% preferred
6% preferred.
Louisville Railway Co

112

36

100

23

1.30

El Paso Nat Gas

com.

Preferred
Hudson & Manhattan..

67

1

2d pref series A

77 34

103

1

Optional warrants
El Paso Electric Co (Del)

7634

112

Class A full paid
Elec Power & Light

$7 preferred
$6 preferred

8634
2534

Idaho Power 7%

Elec Power Association

Corp

8534
23 34

134

9

*

83

5% non-cura preferred-._—100
Huntington Water 7% pref—100

134

4

5

7534

25

1734

*

Electric Bond & Share..
$6 preferred

15

95

25

65

1

*

com

13

F—See PhilaRT

Hesronville M &

$6 preferred
Illuminating Shares class A
Indiana Assoc Telep $6 pref

*

96

3894
9634
9694

95

1
100
*

6% preferred

145

134
934
2094

6% preferred
100
414% P^or preferred
100
Ry com
100
6% 1st pref stamped
100
6% pref B stock
100
5% adjustment stock
100
Eastern Minn Power 6% pref
East Shore Pub Serv 6 34 % pf 100
6% preferred
..100
Eastern States Corp—
See Investing Companies.

30
8

7

25
25

com

6% 1st preferred

Eastern Mass St

Eastern Util Assoc

124

94

29

7

434

100

'

72

4

Eastern Gas & Fuel Assoc's com *

*

Hartford Gas

Houston Natural Gas

70
10c

c.

Louisv Gas & Elec

3794

Harrisburg Bridge
20
Harrisburg Gas 7% preferred. 100
Harrisburg Rys common
50
Hartford Electric Light
-25

13 34

13

12134

States

t c

40

100

Eastern

common v

35

v t

55

104

3134

Holyoke Water Power
Houston Lt & Power $6 pref

100

East CoaBt Publle Service

1794

53

*
100

94
43

44

Long Island Lighting com
*
7% preferred A
100
6% preferred B
.100
Longvlew Bridge class A
Louisiana Power & Light $6 pf-*

109

45

$5 preferred
Duquesne Light—See Phila Co—

19

102

25

109

Lone Star Gas Corp

1734

vVater.

41

preferred

25

94

*

Duke Power

$4

Lexington Util 634% Pref
25
Lexington Wat Serv 7% pref.100
Light & Pow Securities Co
*
Preferred
100

75

1834

$5.50 preferred

Havana Elec & Util $5
Haverhill Elec Co
Haverhill Gas Light

■

75c

*

65

10594

25

80

11134

16

common

Lawrence Gas & Elec Lt

21

preferred

Havana Elec Ry com

—

28

Detroit Edison

Duquesne Nat Gas

65

494
1534
95

60

1

Preferred

116""

11434

*

64

6% preferred
.100
7% preferred
100
Kentucky Utilitias 6% pref—10(i
7% Junior preferred
50
Keystone Pub Serv $2.80 pref.. *
Keystone Telephone $4 pref
50
Key West Elec 7% pref
100
Kings Co Ltg 7% pref
100
5% preferred
100
Laclede Gas Light
100
5% preferred
100

60

—20

99

Light—

60

Georgia Power $6 preferred—
$5 preferred
-—
Georgia Power & Lt 6% pref —.
Germantown Pass—See PhilaRT
Gloucester Elec Lt Co
25
Gold & Stock Telep (guar)....100
Green & Coates—See Phila R T
Green Mt Pow Corp $6 pref...
Greenwich Gas $1.25 pref—
Greenwich Wat & Gas 6% pf-100

Hamilton Gas

9234
*

60

- —

14

Detroit & Canada Tunnel.

Kansas Power &

34

100

Derby Gas & Flee $7 pref
6)4% preferred

20

94

*

Preferred

65

Preferred

7% preferred

93

.20

7% pref class A
Hamilton Bridge

134

.1

c

106

74

*

60

Aliied~Corp~i6 pref-

Hackensaek

96

1

7% pref unstamped
Cumberland Gas com v t
Cumberland Co (Maine)
Power & Lt 6% pref

6% preferredKansas Power Co 6% pref

15

Gulf States Util $6 pref

10534

94

1

11534

50

Warrants

Gulf Power $6

179

10434
10034

100
Contlnen Pass Ry—See Phila R T

Kansas Gas & Elec 7% pref.. 100

99

15

-100

Tri Corp

111

49

Gen Gas & Elec

$3 preferred

134
98

100

73

com....———

Gen Wat Gas & Elec com A

94

3294
10634

7% prior preferred

Crescent Public Service com
Cuban Telephone new 6 % pf..

119

7% preferred

120

48

98
Foreign Light & Power units.. .
Frankf'd & S'thwark—see Phila R T
Franklin Telegraph (guar)... 100
26
Gandy Bridge common
194
Gardner Elec Light common.100
145
Preferred
1G0
108
Gary Elec & Gas common
*
434

Gatineau Power
5% preferred

2594
2694

Bid

Par

Kansas City Power <fc Light—
1st pref $6 series B
*
Kansas City Pub Serv new.
*
Kansas Elec Pow 6% pref
100

47
96

$50 par
Florida Power & Lt $7 pref—. Florida Telephone
.100

Gen Telep
Gen Telep

117

(Reading)....25

Consumers Gas (Toronto)
Consumers Power $5 pref

62

34
5 34
934
8234

*

,.h„

Preferred

Telephone Corp com.
$3 conv preferred

94

60
117

Connecticut Ry & Lighting
4)4% preferred
Consol Elec & Gas $6 pref

34
2334
2434
25

*

,

Gen

42

34

5)4% preferred
Connecticut Power

—

$634 preferred
*
$7 preferred
Fltchburg Gas & Elec Light.. 50
Florida Power Corp 7 % pref. .100

Stocks

Ask

5% preferred

44

Connecticut Light & Power

$6 preferred

(Del) com A..'
5% prior preferred
——
$6 cum conv pref ser A
*
$6 conv pref ser B
$7 preferred
$8 preferred
Gen Italian Edison Elec Corp—
10
Amer shs for ordinary stock
36
2734 General Public Service Corp—
See Investing Companies.
34.
General Pub Util common
*

33»

67 94

*
10O
.25

com

First preferred 6%...

4)4 % pref series B
Cons Edison Co of N Y

—

11234
1834

17

6% preferred A
6)4% preferred B
Commonwealth Edison Co

—

41

11194

100

6% preferred series A
6% preferred
5% conv preferred

—

100

Bid

Phila Co.
A..*

Federal Water Service com

104

*

$4.50 preferred
Cleveland Railway

Par

Stocks
Fed St & Pleasant Val—See

10334

79

STOCKS

possible for the closing day of the month preceding the date of Issue

as

Ask

Citizens Water Co of Wash

Consumers Gas

UTILITY

PUBLIC
Quotation! for all securities

194
5134

1334

*

12

13

*

45

46

100

118

120

50

72
106

107

*
100

com

4

50

74

9734

4034

434

PUBLIC

80

STOCKS

UTILITY

of the month preceding the date of Issue

Quotations for all securities are as near as possible for the closing day
Bid

Par

Stocks

7%
113

*

New Orleans Pub. Serv com

7% preferred-

29%
101
15

7% pref 100
Y Mutual Telegraph (guar)-.25
Y City Omnibus common
*
Option warrants
--YPow & Lt Corp $6 pref—
7%
preferred
—
100
Y & Queens El L & Pow—

New Rochelle Water
N

N
N
N

8%

7%
preferred
Citizens

30%

Passenger guar
50
Pass Ry ($29 pd)-50
Pk & Haddington. .50
Frandf'd & Southwark Pass .50

34 Hi

17

21

112

Hestonville M

115

4%
45

51

53

50
50

North American Light & Power

$6 preferred
North Amer Utility Securities—*
North Boston Ltg Prop com——*
Preferred
-100

Co (Del)
—10
Northeastern Wat & Elec com.-*
$4 preferred
—*
Northern Indiana Public erv-

53

2

Texas

95 H!

100

104%
90%

Nor 8tates Power (Del) cl

New preferred
Potomac Edison Co 6%

106%

100

41

A—-25

10%
71%
64%
110%

88

iblic Serv Co of N H $6

85

98 H;

5%% 1st preferred
—100
6% preferred
100
7% preferred
100
Ohio Service Holding com——1
5% preferred
6

114

114K
100

101

102

105

106%

113%
39%

115

38

Units.,

*

29%

41

32""

Oklahoma Gas & Elec 7% pref100

113

114

6% preferred
100
Okla Nat Gas Corp com
—15
$3 preferred
—50
6% conv prior preferred
100
Omana & Council Bluffs Railway
8c Bridge 4% cum pref
100
Omnibus Corp v t c.._————*
8% conv preferred A——100
Oregon Wash Water pref..
—*
Ottawa Light Heat & Power new.
Preferred
-.100
Pacific 8c Atlantic Tel (gu)
25
Pacific Gas & Electric...
25
1st preferred (6%)
—25
1st preferred (5H%)—---25
Pacific Lighting Corp com
*
$5 preferred
...
*
Pacific Pow & Lt 7% pref
100
6% preferred
*

101

103

Pacific Public
Common

16%

13%
98

80
6
22

"

100

33'"
35%
31%
50

109%
90%
82

6%
22%
128

156 H;

2%
33%
111%

100

~4%
34%

*

preferred

38

$5 preferred
*
Pennsylvania Gas common.
*
Penna Gas & Elec Co 7% pref. 100
Penna Gas 8c Elec Corp $7 pref _ . *
Class A
---*
Pennsylvania Power 85 pref
*
Pennsylvania Pow 8c Lt 87 pref.*
86 preferred.—
*
85
preferred
*
Pennsylvania State Water, pref.*
Pennsylvania Telep 6% pf—100
82.50 preferred
*
Pennsylvania Water 8c Power
*
Preferred...
*
Peoples Gas & Fuel Corp.—
1
People's G L & O (Chic).. —10G
Peoples Light 8c Power Co A
1

65%
13

38%
66%
15
23

32

34

2%

4

110

110M

108

110

105%
98
111.

100

55%
78%
115
14

37%
1%
1%
75

38%
2

1%
80

25

15

15%

77

80

4%

Philadelphia Co com
85 preferred—
6% cum preferred
86 cum pref...1
Allegheny Traction

*

7%
78%

60

Traction.

pref

49

89

91

80

-.50

61

104

DuquesneLight5% lstpref 100
Federal St & Pleasant Val—25

Monongahela Lt & Pow
50
Monongahela St Ry
60
Phila & Darby—See Phila R T
Phila 8c Grays—See Phila R T
Philadelphia Elec Co com
85 preferred
—

117%

104%
97%

*

1H

~2~

Rockland Light & Power
10
St Joseph Ry Lt & Pr 5% pf_.100
St Joseph Water 6% pref
100

11%

12%

77

5c

117
3

*

33

*

y

11

IX
%

*

19%

20%
112%

To be called.

12"

11

100

97^

50c

X
%

$4preferred
60
Sou Carolina El & Gas 7 % pf. 100
South Carolina Power 6% pref..*
South Pittsburgh Water—
8% preferred
100
7% preferred
100
South Shore Utility $150 pref..*
Southeastern Gas & Water A—*

81

114

J*

25

~1%\1

-.100

34%
25%
12%
1

65

98%

99%
13%
13%

13

»

12 %

*

100

6%
159

Southern Union Gas com——

d Called Feb.

cum

1%

1, 1940 at $110.
'

100

100%

101

98

8

163"

9%
3%

1%
40

'

106

107

97

98

1%

2

46%
110%
106%
99%

48

107

112^
107%
100%
-

«

-

—

3%

3

30

28

114^
14%
6%
9%
3%

116%
14%
....

4

%.
43

88%
71

1%
86%
%s
•13%
114

114

93%

vl7A

75c

50c

*

common

*

17%
19

Wash Gas

61%
62%

I

1

—1

%

1
pref

100

20

1

7

$6 preferred
--_*
Virginia Pub Serv 7% pref— .100
6% preferred
100
Washington (D O) Gas Light
*
Preferred
_*

prefllllloO

Elec 7%

Wash (D C) Ry 8c El com
Preferred

117%
49
47
29

107

7%

100

690

10O

117

Washington Wat Pow 6% pref-.*

106

100

99^
108K

100

102

»

preferred
cum preferred
West Penn Power 7% pref
6% preferred4%% preferred
cum

100
—100

100
West Phila Pass—See Phila R T
West Texas Utilities $6 pref
*
West Va Ohio River Bridge—
Common
_*
...

•

Prior preferred
West Va Water Serv 6% pref
Western Lt & Tel com

*
1

25
*

Y W.tter pref

100
-100
*
*
*

100
100
Wisconsin Pow 8c Lt 6% pref. 100
7% preferred
1O0
Wisconsin Pub Ser Corp 7% pflOO
6 %% preferred
100
Wisconsin Telep 7% pref——100
Power Co

—.5

Worcester Trans Assoc

York (Pa) Railways pref
York Water Co.-

/Flat price,

k Last sale,

n

70c

25^
36
5

Wise Elec Pow 6% pref
Wise Hydro-Elec 6% pref

Wolverine

7
95

100

—.100

Preferred

7c

*

Wheeling Bridge—Wheeling Elec 6% pref
Wllllamsport Water pref
Winnipeg Elec class A--—
—

97%

100
•

Western Union Telegraph-.

Class B

114%

12

Preferred
Western N

61

100
7%

Common

$6 preferred

$7 preferred
Utilities Power & Light cl A

Westmoreland Water pref

25

80""

Utah Power 8c Light—

28%
29%
29%

r

100^
100 %
100%
100%

10

_

Western Massachusetts Cos

Southern Indiana G 8c E—

B

common.

12c

34

100%
100%

*

_*

26

29

33%

1

20c

45

—

4.80% cum preferred

l

II"*

2c

28%

32%
114%

87

100

United Public Service
Corp..
United Pub Util com A

10c

25
-.25
Original preferred——
25
Southern Calif Gas Co—
6% preferred series A
25
Southern Calif Water pref-.--.25

2%

103

100

IIII*

1st pref

23

15%
28%

66

1%

1%
1%
29%
86%

*

...

Preferred

Southern & Atlantic Teleg (gu) .25
South Calif Edison common.-.25

A

82%

104

*

*

%
1%

60

_

—

100

7%
18%
%
%
27%

63

100

B

United Light 8c Ry 6% pref

7%
6%

21

20%

100

West Penn Elec Co class A

19%

99
115

—

Common

12%
2%
1%

T

Shawinigan Water 8c Power
*
Shenango Valley Water pref. .100
8ierra Pac Elec 6% pref
-.100
Sierra Pacific Pow common
*
Preferred
100

J Called Feb. 1, 1940 at $115.

Ex-dividend,

34%
%
%

100
*

com

com

Utilities Stock 8c Bond Corp
Virginia Electric 8c Power—

119

113

♦
1

$7 preferred
Amer Utilities

IIII*

((5onn)

Improvement—... *
$5 preferred
~*
United III Co of New Haven.—Z*
United Lt 8c Pr com A.
*

Non-voting

Brook

1st $5 preferred
2d $5 preferred
Second Ave RR Cop (N Y )
3d Sts Ry—See Phila R

♦
*

*
7% preferred
100
United Gas & El (N J)
5% pf.100
United Gas Corp com
1
$7 pref series A
*
Warrants

7%

112

Water Service 6% pref
Scranton Transit common

Class

30

$3 cum preferred
W^rr&iits

Class B

97
105

-

Southern New Eng Telep

34%
118%
30%

106"

117%

100

—100
100

7% preferred
8% preferred

—

Bedford)—100
Union Traction—See Phila R T
United Corp
*

1

104""

6% preferred
San Diego Cons Gas 8c Electric—

Southern Nat Gas com
Class A common

14

34%

2.00

San Antonio Pub Serv 8% pf.100 y

Preferred

1

117

7c

1.90

7% preferred

*

~*

Class B common

109

—

....

4%
97%

*

6.36% preferred
7% preferred

106%

St Louis County Water pref-.100
St Louis Pub Serv common

14%

I

25c

Union Gas System com..
10
Preferred
50
Union Pass—See Phila" RT~""
Union St Ry (New

$2.75 preferred
$3 preferred
United Utility Co

13%

-

12c

__1

Union Electric Co of Missouri—
5% preferred
Union Gas (Canada)

114

-

4

...

-

99

99

97

100
6% preferred
—100
5%
preferred
100
Twin States Gas &EJ
7% preflOO
Twin City Rapid Transit
*
7% preferred
100

79

Rochester Transit common

Southern Col Pow com

57

105%
105%

J00
100
100
lOu

Southern Canada Power

J

7% preferred

cum

2

94

*

$3.50 preferred
Texas Power Corp common

6%

96

1%

too

Texas Elec Service $6
pref
Texas Gas Util com.
Texas Hydro Electric—

Common

6% preferred series C
6% preferred series D
5% preferred series E_
Rochester Telep $6 Hi pref

100

United Gas

%

%

Preferred--Rochester Gas & Electric—

5

3

35%

34

5

2%
,

50

80

45

*
50
*
50

8

5%

3%
33

100

Terre Haute file"
6% pref
Texas Electric Ry

32

43

94

.100

Tennessee El P 1st pref (7%).100
7.2% 1st preferred
100
1st preferred (6%)
100
5% cum 1st preferred
100

United Gas 6c Elec

5% % preferred series O
6% preferred series B

99

Phila City Pass—See Phila R T




16%

-.50

iuth

112%
56%
78%

Peoples Water & Gas $6 pref. .100
Peoria Water Works 7% pref. 100

x

65%

106

103

....

Without par value.

114%
24%
66%
17%

Seattle Gas common

1

21

1

Common class B

*

110

Riverside Traction..

Scranton Electric $6 pref—;
4

Pennsylvania Edison Co—

New stock,

102"

109

Savannah El & Pow 6% pref. 100

%
10%

-5

Penn Western G & E

Trac

101

114 %
23 %

5o

Scranton-Spring
3

—

Consolidated

Class A

164

132

31

——*

Toledo-Edison pref A 7%

56

53

Ridge Ave Pass—See Phila R T
Valley Gas v t c
1

155

Warrants B

Citizens

-----

*

43

107 %
97

41

%.
%
26%
13%

Preferred
*
Suburban Rapid Transit St Ryl50
Superior Wat Lt & Pow 7% oflOO
Swiss Amer Elec 5%
pref.500 Fes
Tacoma Ry & Pow Co
*
Tacony- Pa Ira yr a Bridge—
5% conv preferred
100

Tampa Elec Co
7% preferred
Tampa Gas, 7% pref

109%

108%

1

com

79%

129%
113%

Edison—

Scrip
Preferred

95 %

22

19

17

13th 8c 15th Sts—See Phila R T
Tidewater Power 6% pref
*

126H
112 y2

135

*
*

Peninsular Telep Co com
Preferred

82.80

106

Rio Grande

123%

Paterson 8c Passaic Gas 8c El..100

—

79%
42 H

34

2%
19%
7%

*

Texas Power & Lt 7%
pref... 100
6% preferred
♦
Third Avenue Ry (N Y)
100

9

88

104

7% preferi ed

Pecos Valley Pow & Lt com

Warrants.

8%

40

Service—

—.——*

-

-

143

14

32%
34%
31%
49%
108%
88%

W

39%

15%
108%
15

-

13

12

*

prior pref
preferred--

prior pref
Standard Pow 8c Lt
Class
B

10%

10

163 %
142

77
r

114

*

1

r

111

115

8% preferred
7% preferred
6% preferred
$5 preferred

110^

%
15%
103%

*
Teleg———100
preferred
100

Penn-Ohio

48

110%

1st preferred
Pacific Telep &

6%

17

47

107

115

,

156

Ohio Water Service A com..

104

*
*
*

pref

Public Service Corp of N J.

8%
106%

%
5%

X
4%

100
100
100
*
Consolidated Trac of N J--100
Rapid Transit St Ry Co—100
Public Serv of Okla 6% pref-.100
7% preferred
100
Public Serv El 8c G $5 pref
*
Puget Sound Pr & Lt $6 pref
*
!
$5 prior preferred
*
_*
J1 Quebec Power common
Queens Borough G & E 6% pf 100
Rapid Transit Ry—See P 8 Corp
Republic Nat Gas
2
Rhine-Westphalia Electric Pow—
Amer shares representing corn.
Rhode Isld Pub Serv $2 pref 27 H

95
30

114

20c

*

$5 preferred

6%
106%
112%

55

10c

100
100
100
*

$6 preferred

65

82

*

48

6% preferred
100
Public Serv of Ind $7 prior pref. .*

22%

34

6%

5%

85

85

$7 preferred
Ohio Power 6% pref
---100
Ohio Public Service 5% pref-100

28

25

pref--100

57
92

2%

i—

21

33%

2

108

65%
110%

25

Ohio Edison $6 pref

100
pref 100

7% preferred
6% pref
5%%
preferred
ower Corp of Canada com
Providence Gas Light

il"

100

95

1

2%

73

Northwestern Telegraph (guar) 50
NY PA NJ Utilities $3 pref
*
Ohio Cities Water preferred
*

7% preferred

101

100

oto mac Elec Pow

92
45

98

7% preferred
100
6% preferred
100
(Minn) $5 series cum pref---*
Northwest Electric 7 % pref-—100
North West Util 7% pref-----100
7% prior lien
———100
N'western Pub Serv 6% pref .100

2%
26%

112

Light
50
$6 preferred
Postal Teleg & Cable 7 % pref 100
Postal Telegraph System—

96 Vs

.

25

2%
23 X

New common

100

Northern Liberties Gas.
—-25
Northern N Y Util 7% pref—100

36""

23

cum

Ask

Bid

*

cum

90

Union Water.
Portland Elec Pow 6% pref

58

6

_

33

Plainfiel.t

9

56

cum

34

Pittsburgh Suburban Water—
$5.50 preferred
100

Portland Gas & Coke 7%

'4

37

34

($17 %

7% prior preferred

7

9

8%

—

2%

8

Traction

S'western States Telep com
1
Springfield City Water 6% pf 100
Springfield Gas 8c Elec pref.
»

13

11

*

-_ _

—

6

4

$6 preferred

Springfield Gas Lt Co.
25
Springf d (Mass) St Ry Cos pf 100
Standard Gas & Elec com
*

5

23

20

Portland Gas

52

k

2%
3%

50
50
pd)-50
West Phila Pass guar
.50
Phila Suburban Wat 6% pf-—100
Phila Traction—See J^hila R T
Union

f

30

--50

19%
7%
87%
74
July 29
%6
%
1%
1%
24
24%
58
58%
57
56%
1%
1%
63%
64%
%
%
7

10

6% preferred
7% preferred
5% % preferred

2d & 3d Sts Ry
guar
13th 8c 15th Sts Pass Ry
Union Pass ($30 5-6 pd)

17%

---JxX
100

6% preferred series
5% % preferred

102

87%

Class A option warrants.——
Olas* B option warrants

North American Co—

47

101

pref 100
Pfd-!00
N Y Water Serv 6% pref
100
Niagara Huds m Power. .-..--10
1st pref $5 series
2d pref 5% series

4%

16%

Par

Southwest Consolidated Corp
1
Southwest Gas (Okla) 7% preflOO
Southwpgt Nat Gas $6 pref—.10
Southwestern G & E 7% pref-100
Southwestern Lt & Pr com A
*

53

14 %

Preferred
,-50
PhilaCltyPass Ry($22 % pd) -50
Phila 8c Darby Pass Ry
50
Phil & Gray's Fy ($25 pd)-—50
Philadelphia Traction
.--50
Ridge Ave Pass ($28 pd)-—50

120

100

8

50

F com

&

16%
9%

14

48

Germantown Passenger
60
Green & Ooates Sts ($15 pd) 50

104%
113%

43

37

Fairm't

Stocks

2%
3%

3 Hi

50

Contlnen

17"

34%

Common

5%
preferred
N Y Railways pref
N Y & Richmond Gas 6%
N Y State El & Gas 5% %

North

Philadelphia Rapid Transit--.50

Stock*

115

Ask

2

Ask

14

103

Par

Bia

Nominal,

*

26%
107
112
99

1.50
1.70

7%
112
66

97%
99%
108
105

118%
%
7%

50

17

25

26

r

Canadian price.

Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear
under the previous three headings* namely "Railroads" "Investing Companies" and "Public Utilities."
In the
case of stocks, 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

"Industrial and Miscellaneous."
NOTICE—-All

bond prices are

Quotations for a1! securities
Bonds

Bid

"and 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

Abitibi Power & Paper—
1st M 6s 1953 ser A

A Cement—
6s 1955
J&J
Rethlebem Fdy A Ma 5s*44 A&O

J&I )f

47

Purch money 6s

48 M

Cons M

91

i

'

88

)

r

90

101

106 M

100

148 M
106M

102

Blethen

45"

40
28

31

>

40%
36 M

45

11*

Braun Lumber Corp 5M8 '37-J&J
British Am Gil deb 4s 1945..M&S

6s 1955-.

I

101
99 M

\

95M

1

109M

r

29"
r

109 M

55

M&N

1st 6s 1950
Gen s f 7s 1950-

M&N

47

Bklyn Serv Station 5Ms '46-J&D

40
24

45

33 M
30

35"

'53—A&O
Brown Co 1st 5Ms 1946
A&O
1st 5Ms 1950 ser B
M&S
Brown Pap Co ext 4 Ms '41-A&O
Bruck Silk M Ltd 6 Ms '45.M&N
Brush-Moore Newspa 5s *45- A&O
Bryant Paper 6s A 1942
M&N

35

95

i

35
35
75

i

38

85"

65

103 M

102M

102

I G Chem Corp—

M

Corp—

Investing Companies

Amer La France & Foamite—

32

34

93 M

58

1/

45

103 M

r

r

103

if

66"
47
104
104

114-M
118M
American Type Founders Inc—
yp«
Conf s f deb 2M-5s 1950-—J&
ieb
106
8
Am Wire Fabrics If
92
American Writing Paper Co—
Conv 6s 1961—
Ann ej •/
46M
Ames-Holden Tire A Rubber—
•

108
95
48 M

if 103
107M

108 M

Cons Nitrate—

f

26

28

90
96

99

97

r/
/

\f

20 M

90
98 M
92

9

99 M
99

99 M
100 M

....

110

s

41

/
/

42
40 M

71

79 M

35 M

38

54

57

26

27

84 M
100

63"

56

63

85

121M
67

96"

Investing Companies
35

64

45

90

100
Atl Sug Rcf 1st s f 4s '61—-MAN
Atlas imperial Diesel Engine
92
6% conv notes 1945
Atlas Pipeline Corp 6s 1945-M&N /
55
Gen conv 6s 1950-——--MAN /
18
Auburn Automobile—
Conv deb 4 Ms 1939
-J
/
15
100
Autocar Co 7s ext 1947—MS

59

62

90

105

*

26 M

6 Ms 1952

79M
95

AAO

Central Service Des Moines)—
97

94

Without warrants

90 M

1st mtge 6s 1941MAS
Gen mtge 5s 1941
MAS
Central Paper Co 6s 1948--.AAO
Central Ry Team A Cold Storage

105"

93

Avery (B F) A Sons 5s w w'47J<5

98

AAO

99

1941..M&N

115

6Ms 1941.—
Central

Steel

1st

8s

Baldwin Locomotive Works—

78 M
101

/

97 M

102

95

100

60
4

Baragua Sugar EstatesGum inc deb 6s 1947.

48
90

50

s

f deb *50('35

issue) _M&S

74M
101M
/ 30

Battle Creek Sanitarium

—

40 M
25

h►—4-4 OO tOrf* &

4Mbs f deb '50('38 issue)-M&S

....

100
1st s f 4Ms A 1954
J&J
Baush Mach Tool ext 5s '41.M&S
Bayway Terminal 6s 1954—JAJj
Beaver Mills 1st 5s 1950JAJ

42 M

24

30
27

30

33

101

•.

Chic Molded Prod 5s 1949-A&O

••

■»

Chicago Produce District—
1st cum inc 5s (w-s) *48—F&A
Chicago Stk Yards 5s 1961-A AO

■

97
Bell (Alpb E) 6 Ms 1939
Bendix Home Appliances—

89

F 5% conv debs 1944
Beneficial Loan Society—
See Investing Companies

98 M

9l"
100

Ohilds Co deb 5s 1943
AAO
Chilean Nitrate A Iodine Sales

Corp inc 5s 1968
JAD
Cities Service Asphalt 5s 52- A AO
Ice (Kansas) 6s 1940
AAO
City Savings Bank of

Budapest 7s 1953

b Basis.

/ This price includes accrued interest,




92

Debenture 4 Ms w w 1947-F&A
Central Coal A Coke—
Non-cum inc 4s B 1941—AAO /
Central Foundry Co—

58

104M

5s

k Last sale,

n

Nominal,

FAA /

r

100
114

102
67
52
65

45 M

1943

with

warr

82

40
91

103"

1

11*
60

98

Oont'l Invest Bond Corp 2-5s '53Oont'l Invest Deb Corp 3-6s '53—
Continental Oil—
Conv deb 2Ms 1948
JAD

83
83 M
106

37 M
9

ff

.J&D

14
54 M

64"
45
26
103 M
100 M

85

67

107M

f 6s 1940—

J&D

88

Coplay Cement Mfg 6s *41
Copley Press 5 Ms 1943

A&O
F&A

102

s

107M
92

90

Cosden Petroleum conv 5s *47 JAJ
56 M
Cosgrove Meehan Coal 6Ms 1945. /
3M
Crane Co 3Ms s f deb 1951 .J&D
103 M
Creameries of America—
Sinking fund deb 5s 1946.FAA
102M
Credit Foncier Franco-Canad—
101
6%
MAS
Credit Service deb 6s w w *48 Q-F
37
79
Crowley Milner 5 Ms 1946—MAN

15-yr 4s s f Nov 1 1950--M&N
10-yr s f deb 4 Ms 1948—J&J
Crucible Steel 4 Ms A 1948--F&A
Cuban Tobacclp 5s 1944
J&D
Cudahy Packing 3 Ms A '55-M&S
s

f deb 4s 1950

105 H
QO

100 M
62
94 H
88

M&S

102

92 M
50

89

81M
105 M
36 M
100

Consumers Credit Svc 6s 1902
35
Consumers Rock A Gravel—
6s 1948
JAJ / 24 M
Container Corp 1st 6s'46-J&Dl5
103

Davidson-Boutell 5s 1946

52

J&

Oonsol Press 6 Ms 1949
JAD
Consol Textile 1st 8s 1941- J&"
Cum conv inc 5s 1953—-M&
Consolidation Coal Oo—
Sink fund 5s July 1 1960—JAJ
5s 1950
—AAO
Consumers Co (111) 5s 1956.-JAJ

De Bar dele ben Coal Corp—
1st cum inc 5s 1957—Ann

82

See

99

1M

99
2M
103 M
60

101M

JAD

105

107 M

103 M

120 M
65

M&S

25-yr guar 5s 1955

Atl Gulf & W Indies 8S Lines—
Coll tr g 5s Jan 1 1959

1st 5Ms ser O 1946—

Consolidated Cement Corp—
Cum me 6s 1950
FA A
Cum inc 6% notes 1950._FAA
Oonsol Oil 8 f deb 3 Ms 1951 .J&D
Consol Paper Corp 5Ms 1961.JAJ

Deep Rock Oil 7s 1937
Defiance Paper 6s 1939
Detroit City Ice & Fuel—

103 M
57 M

104M
103 M

39"
82

106
99 M
101

65
94 M
90

100

115M
79

101
94
60

100

101M

J&D

98

April /
M&w f

12M
56

J&D

-

Farm Ln
Series

s

f 6s Oct 15*60 A&OIS /

B

/

Dickey (W 8) Clay Mfg Co—
Cum inc 5s (w-s) Nov 1 1949-Cum inc 5s (ex-stk) Nov 1 1949
Dom Coal 1st 4 Ms ser A '52-AAO
Serial 3 Ms 1938-43
—A&O
Dominion Steel A Coal 6 Ms 1955.

14

82 M

58

84

45

32

-

—

—

-

85

152
96 M

160

104"

99

100

106 M

107 M

102 M
105
46
67

103 M

105M

Dominion Tar & Chemical Co—
Deb 4M> «er A 1951
M&N
Dominion Textile 4Ms '55 .M&S
Dom Woolens & Wors 6s *53.J&J
Donnacona Pap 4-4 Ms '56—F&A
10-yr 5M% notes 1947—J&J
Dow Chem Oo deb 3s 1951—J&D
Dryden Paper 6s 1949
F&A
Dufferin Paving A Stone—
Deb 5s series A 1955
...Jan
Deb 5s series B 1955
Dumont (Allen B) Lab—

23 M
20

103

106 M

49"
68
90

96

55 M

Jan

55

*2 M-5s

i*
100

55"
74

76""

100
65
40 M
50

40M

78
96

82

51

65
49

108 M
37

109"
41

56
40
104

104 M

-—

Canadian price.

103
101

Rentenbank—

1949
...M&N
9M Durham Duplex Razor 6s 1955
Earl Fruit lstsf 5 Ms 1947-.MAN
Eastern Car Co Ltd 6s 1952-J&J
104 M Eastern Corp 5s 1953
J&D
103 M Eastern Cuba Sug 7 Ms '37.M&S
Eastern Dairies 6s 1949
M&N
76
Eastern Mi'g 7s ser A 1938 -J&D
Eastern Racing Assn 5s 194532" East Temple Corp 6s (w s) 1941Eaton Paper 1st 5Ms 1943.M&N
103
Elec Auto-Lite deb 4s 1952-F&A
Elk Horn Coal Corp—
Coll s f 4s 1956
J&D
72" Empire Properties Corp 2-3s 1945
Empire Sheet A Tin Plate—
54
6s 1943—
_!
A&O
67
Emporium Oapwell Corp—
1st 4s 1952
46 M
J&J
4% notes 1942
J&J

6

99
62

101M

57

4s w w 1948
F&A
Detroit Garages 5Ms Mar 1948-Detroit Har Term 1st 6s '50.M&S f
Detroit Times deb 6s to '43.M&S

Deutsche

anadian Vickers 6s Aug 1 1947

99

97

97

-Q-.1

5s
1940—A&O
Curtis Cos 6Ms A 1947—M&N
Dairyland Inc lstsf 6s 1946.M&S
Danish Prod L'n Fund 5s *40.J&J
Davidson Biscuit 5 Ms A '45 A&O

91M

58"

103

103

97

Cumberland Ry A Coal—
103

65

79
53

103

101

Colo Fuel & Iron s f 5s 1943.F&A
103 M
income 5s 1970
An Apr f
55 M
Columbia River Packers Assn—
Income deb 2s Oct 1950
/ 37
Columbia River Paper Mills—
6s to 1946
88
—AAO
Connor Lumb A Land 6s *41 M&N
70
Oonsol Biscuit 1st 5M« B '46 MAS
101M

Conv

102 M

....

101

101

Crown Cork A Seal Co Inc—

90
90

100

75"

71

65

Colliery 6s 1954...MAS /

1st M conv

39

1st & gen 5s 1957-_
J&J
anadian Bakeries 6Ms '45-M&S
Canadian Canners Ltd 4s'51M&N
anadian Internat Paper—
1st M 6s 1949
J&J

:

Continental Roll A Steel Fdy—

34

f

Associated Mtge Co 3Atlanta Laundries—

104 M

1946

Arnold Print Works—

63

colonial

Ask

99

Q-F
Q-M
Q-J
Q-F
Q-M

6s series AO 1952.-

Deb

104

104

J&D
J&D

1942-45
1952

95

53

26 M

Armour & Co of Delaware—

/

-

96

75
Byrndum Corp ext to Jan 15 1942
22
Calaveras Timber 1st 6s '38-M&N /
California Consumers Corp—
25 M
1st lien 3 5s 1955—
J&D
Calif Cooperative Creamery—
101
1st s f 6s 1948-—
A&O
100 M
Deb s f guar 1943A&O
58
Calif Cotton Mills 1st 6s '40-J&J
99
Calif Dairies deb 6Ms 1942.M&N
103
Calif Group Corp 5Ms 1956 M&N
Camaguey Sugar—
7s Certificates of deposit. 1942
8M
97
Campbell River Timb 6s '41-J&J
Campbell Transportation Co—
101
Equip trust 4 Ms to 1946--M&S
99 M
Equip trust 4s to 1951
J&J
106 M
Canada Bread 6s 1941F&A
Can Cementlst. 4 KsserA'fil M&N
104M

21M

25
7

93

1948

Byers Machine 3-6s

7

—

95

31
97

103 M
90

J&J
Buck Hill Falls Co 6s 1959-M&N
Budd (E G) Mfg 6s ext 1941 -F&A
Buffalo Gen Laundr 6 Ms '41-J&D
Bullock's Inc (Los Angeles)—
4% notes ser O-E to 1941 -M&N
4% notes ser F 1946
M&N
Burmeister & Wain (Copenhagen)
15-yr s f extl 6s 1940
J&J
Burns Bros deb 5s A 1961--M&S
Burns A Co Ltd 1st s f 5s 1958 J&J
Income 6s 1958
Ann, Apr
Bush Term 1st 4s 1952
A&O
Cons g 5s Jan 1955
J&J
Bldg 1st 5s stamped 1960 A&O
lit series B

102 M

>/

102M

British Columbia Pulp & Paper

100

>/
>/

32"

101M

Bid

Collateral Bankers Inc—
7s series A A B 19507s series O 1959
7s series D 1956
6s series A A 1953-----6s series AB 1948-—

„

102

155

L

rp3-

48

62"

—

100 M
95 M

Aggregates Corp—

Animal Trap 5s Aug 11946.
Anthony (E C)—
1st s f 6s (San Fran) 1942
1st s f 6s (Los Ang) 1942.
Antilla Sugar Estates—
Income deb 6s 1951 (w-s)
A-NY A B-NY Realization-

44

10i*

Brown Coal Indus 6 Ms

'/

Income 7s Jan 1 1943
M&
Anaconda Copper Mining Co—
Sink tuna det> 4Ms 1950--A&

t—'

103 M

5s 1942
Brandram-Henderson 6s *56. J&D

93"

i—. ^ O Oi OIh#.

Brager E:senberg 5s 1941 —

44M

)

5M% notes 1956Am Lime A Stone 5Ms '51—
Am Mach & Metals 4s 1943Amer Nat Co (Ohio)—
Extended 6s stpd 1943—
Amer Radiator deb 4 Ms'47 J
Amer Seating 6s stpd 1946—

99 M

Corp (Seattle)—

)/
)/

Algoma Steel Corp Ltd—
Conv 5s ser A 1948
IV!
Allied St's Corpdeb4Ms'50-i
Debenture 4 Ms 1951
1
Allis-Chalmers s f deb 4s *523
Alpine Montan Steel Corp—

104M
101M

6 Ms 1947.
——J&J
Bloedel
Donovan
Lumber
Mills 6s 1940-42
F&A
Boston Wharf 1st 4s 1941—A&()
Bowser (S F) 7s 1944--——M&N

77

Albany Perf Wrapping Corp—
1st M coll tr 6s 1948
A.i

Anglo-Chilean

148

1998—-Q-Feb

4M«ser D '60--J&J

15-yr sf conv 3 Ms debs 52 AAO
Cons mtge 3 Ma ser F 1959-J&J

94

61

)

Alabama By-Pi
Alabama Mills

See

s

4^8 to 1941---J&J
3 Ms series E 1966————A&O

Ex scrip
Aeolian Co 6s 1944..

international

97

65

Bethlehem Steel Corp—

See Investing companies

Amer

Bonds
Clearfield Bit Coal 4s 1940--JAJ
Oleve Tractor conv 5s 1945.M&N
Climax Engineering 5s 1946-AAO

Bethlehem Steel Co—

48
104

Amer

Ask

Bessemer Limestone

Adams Express—

American

Bid

Bonds

Ask

INDUSTRIAL AND
MISCELLANEOUS BONDS

/

15

45
104 M
105

25

INDUSTRIAL

82

MISCELLANEOUS BONDS

&

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
Ask

Bid

Bonds

Bonds

76%

65

1st 6s

European Mtge & Invest Co—

/
/
/
/

7 Ms income 1960.
1st lien 7a 1967 ser C
7s income 1967—

See

105%

/

100%
101%
100%
95%

68"
40

36
101%

102%
87

m m

Home Serv Corp 6s 1957
/
Home Service (Portland. Ore)lst coll 3-5s 1950
A
m

102%
105%

/

16

50

/
/

25
27

26

60
98

70

General Bronze deb 6s '40—M&N
General Cable Corp—

101%

M&N f

Gen Finance conv deb 5s "51
Gen Motors Acceptance Corp—

'

60

53
98

Inter City Western

105

6Ms

99%

41
20 M

51

International

93 M

Good Hope St & Ir Wks (Germ'y)
S f g 7s Oct 15 1945—A&015 f
Goodrich (B F) Deb g 61945 J&D *102»m
—

1st mtge 4Mb 1956
.J&D
Gordon Baking Co (Mich)—

104%

5s series B 1945-50
J&D
Gordon-Pagel 6s 1940-1944--J&D

,

\

M&S

1st 4Mb 1968
Interstate Deb Corp

103

104%

86%
95

98"

58

61

98

101

73

/

21
83 M

/

49
98%

/

80%

/
/

32
1
56 M

Groc St's Prod

conv 6s 1945-J&D
Gulf States Steel 4%8 1901.A&O

95%

Gurney Fdry Ltd 5Ms 1949-M&N
21
Gypsum Lime & Alabast—
5M8 1948
M&S
99 M
Hale & Kilburn 6s '39 stmp._J&D /
20
Hall (F W) Printing Co—
1st & coll 6sstmp 1947
102 M
M&N
Hamilton By-Prod Coke Ovens—
M&N

102
97 M

Gen sinking fund 6s 1956.. A&O
Hamilton Cotton 4Mb 1950-F&A
Hamilton Mfg 5s w w 1951 —M&S
Ham'd Standish 3-6s 1947—A&O

100%
84
25

Hansa

Steamship Lines—
10-yr 6s 1939 w w
A&O
97
Harborside Warehouses—
Non-cum inc 6s Jan 1973—
/ 34%
Harpen Mining Corp—
6s with warr for Am shs
J&J fk 40

Hatfield-Campbell Creek Coal
1st 6 Ms 1948
—M&S

/

92"
97%
48

107
104

80%

103%

7%

16

55% 1

56

102

16

7%

49

/

6s Dec 1 '48-F&A f
Isotta Fraschini 7s 1942
J&D
Jacobs (F L) 5M% dividend
ser

1942
J&D
Jefferson & Clearfield Coal & Iron
Indiana Co 1st s f 5s 1950--J&J
notes

15

18
9
63
63

103

96

23

11

78
67

94%

45

55

97%
/ 28%
88**
20
/
fk 17
July 28
fk 16% June 29
100

91

89

f

5 Ms to 1949

30

35

31%

J&D

57

Marathon Pap M 5Ms'42--M&N e
Marine Elev (Buff) ext 5a '52M&S
/
12
Marion St'm Shovel 6s '47—A&O
70
Martin Parry
Corp 1st 5s conv '44
105
Massey-Harris 1st 4 Mb 1954.M&S
94 M
Matthiessen & Hegeler Zinc—
Extended 3-6s 1945-—
M&S
61
McCloud River Lumb 5s *48 J&J
McOoll Fronteuac Oil—
1st & coll 4Ms A 1949
A&O
McCoid Rad & Mfg—
6s stamped
1948-

100M
103

F&A

55

McCormicks, Ltd. 4s 1952— J&J
McCrory Stores Corp—

90 M

s

106%

20-yr conv deb 5Ms 1950-M&N
Mead (The) Corp—
1st M 6s 1945 with warr
M&N
Medusa Portland Cement—

78M
104

1st conv 4-5Ms to 1945—.A&O
Memphis Commercial—

100M

Appeal 4Mb 1952
M&S
Mengel Co conv 4 Ms 1947—M&S
Merchants Distilling Corp—
5% conv deb 1947M&S
Merchants Ice & Cold Storage—
1st 6Ms 1943-49
-.A&O
Mercury Mills Ltd 5Ms '53-M&N
Mersey Paper Ltd 5s 1957--J&D

97%

Gen

s

f 6s ser A 1949

99%

89

90
'

45

55

67

70

49

51

94

M&S

m.

w*

Messenger Corp deb 4Mb '51 J&J

m.

89

Messer Oil 1st & ref 6s 1942—J&J
Conv s f deb 6s 1947
J&J

96
wm

93
91

98
97

—

•»

— m

63

6M» 1945-- '

Miehle Printing Press & Mfg—
Deb 5Ms 1948
F&A

97M
103

104

40

Miller & Hart Inc. deb 6s 43 J&J
filler & Lux Inc 1st M 6s '45A&0

45

/ 120
7% gold notes 1935
A&O / 118
linnesota & Ontario Paper Co—
1st 6s series A 1935
A&O /
23
1st 6s series A 1945
A&O /
26%
1st 6s series B 1948
J&J /
26%
1st 6s series C 1950
M&N 1
26%
5-yr 6% notes 1931
...M&S f
6
(inn Tribune & Manistiq
Pulp & Paper 5 Ms 1941--M&S
100
tissionary Sisters (Waukegan,
111) 1st ref 3M-4s 1951...A&O
98%
86%

24%
27%
27%
27%
6%

100

78

6%

notes

1st

1942

82"

94

J&D

Goal—See Chic

6s

Ind

1949

&

L

98

Ry.

A&O

117
96

103%

102

95

55

60~~

93

95

98

1100%
1100%
Coll A 2M-5s ser 1 1941

66
100

102%

Cbll B 2M-5s ser 2 1946

103%

99

100%
90
69

/

21
103%

105%
105%

101

Okl

—

—

J&D
J&D

C

2M-5s ser 3 1951 —J&D
Coll D 2%-5s ser 4 1956 ..J&D
losinee Pap Mills 1st 5s *51 A&O
-

Lotor Transit inc 6Ms 1952.J&J

7i";
103%
105%

98 M
76
66
65
64

43
92 M

Secured 6s 1937
J&J
Deb 6Ms Jan. 1 1937 wwA&O
Certificates of dppnsit

38M
2Vs
2%
97
23

f
/

5%
25

102

28

(Central Funding series)
Series B & O

50

21M
21M

Series A & D

1st 5Ms 1961
J&J ,
Debenture 5s 1961
--An Apr f
I
Lake Superior Corporation—
1st & coll tr gold 5s 1944..J&D f

30

I
Lancaster Corp 3 Ms

47%

1
Lane Bryant inc

97

—

A 1949.J&J
deh6s*40wwM&N

73%
35

75

36%

(Hungary) 7Ms 1962,-—F&A /

99"

*

\

6

82

Called Aug. 2 at 103.
t Called Aug. 1 at 102%.
t Called Sept. 1 at 100%.
b Basis.
d Called Aug. 7 at 101.
JThis price includes accrued interest,
k Last sale,
n Nominal,
a: Quoted in guilders,
y Called Aug. 16 at 100%.




40
29

Maple Leaf Milling—

)

Lake St John Power & Paper—
I

90

65
98

100

J&J

1946

40

128

101

87
76

Lake Erie Bolt & Nut—
1

5-6s April 1

40

128%

40

Mansfield Min & Smelting—
7s without warrants 1941-M&N

Middle States Petrol

20

93%

T

20

7
40

Mackintosh-Hemphlll 5s'51_J&D

Metropolitan Ice 7s 1954--.J&J
20" Miag Mill Mach'y 7s 1956—J&D

95

Jones & Laughlin Steel
1st mtge 4Mb ser A 1961..M&S
Journal of Comm 6%s *47—J&J

Kansas Pipe Line & Gas—
1
1st 5s series A w w 1952—J&J
Karstadt (Rudolph) Inc—
1st 6s 1943 with Am shs-.M&N
Ctfs of dep w w stpd 1943
85%
0s stamped (par $925) 1943
6s with warr (par $925) 1943—
52
Keith (B F) Corp 6s 1946-— M&S
1
Kelsey Hayes Wb'l 1st 6s '48-J&J
82
15-yr conv deb 6s 1948
J&J
33
1
Kentucky Rock Asphalt—
3
3M-6Ms 1945
J&D
Keokee Cons Coke 5s 1959--J&J
60
1
96
3
Keyes Fibre 1st 6s 1939
M&N
1st 6s 1940-1949
M&N
24
Keystone Steel & Wire—
3% notes 1939-1941—.M&N
100%
4% notes 1942-1945
M&N
j
Kings Co Refrig 6s 1942
A&O
102% Kingsport Press 6Ms 1939--F&A
I
T
Kingston Elevator 1st 6s '50 M&N
103
I
Kinney (G R) ext 5 Ms 1941. J&D
I
Kirby Lumber 1st 4s 1947-J&J 16
I
Knudsen Cream'y 5M8 '50-M&N
I
Koehring Co (Milw) 3-5s *45.J&J
I
Koholyt Corp 6 Ms 1943
M&S
T
Koppers Co 4s 1951
M&N
I
Kresge Foundation—
10-year coll tr 4s 1945
J&J
3 Mc coll trust notes 1947.F&A
Kreuger & Toll—
June 27
5s uniform ctfs of dep 1959
La France Textile 1st 6s '42-J&D

99%
99%
91%

102%

2-5s Jan 1 '55

20

M&N
A '42-J&J

t deb 1951
M&N
McKesson & Robbins inc—

76

94

A&O

Hart Coal inc 6s 1945

~3%

6%
15%
6%
15%

98%
98%
90%

J&J
J&J

Iron City-Ohio River Corp—
Iron City ser 6s Dec 1 '48-F&A

50~~

Grand

Harris-Seybold-Potter—
Cqnv s f deb 5s 1951

J&J

B 1947--J&J

Internal Pow &
1st M 5s 1968

48

Grand Rapids Stores

Equipt Co deb 5s 1949
F&A
Trunk Ry Terminal
6 Cold Stor 1st 6 Ms 1952. A&O
Granite City Generating—
5s. 1963
A&O
Granite City Pig Iron—
Cum inc 5s 1943
M&S
Graton & Knight 4Mb '51--J&D
Great Lakes Paper Co Ltd—
1st s f 5s 1955.—
A&O
Griess-Pfleger Tan'g 5Ms'48.J&D
Grigsby-Grunow conv 6s '36 M&S

ser

A
M&S
Pap of Nfld—

Ohio Riv.

Cum income 7s 1962
M&S
Grand Rapids Operating Corp—
6s extended 1942-.--——-J&J

A 1955

5s

Ref mtge 6s 1955 ser

104%

102

'43-F&A
Granby Consol Min & Sm 5s 1942
Grand Rapids Motor Coach—

ser

5s 1947 ser A

s r

Interstate Zinc & Lead deb 7s '32 /

Graham Paige Co 1st 6s

lstsf 5s

s r

1st & ref

66

102

Gotham Silk Hosiery—
5 f deb 5s w w 1946

4l"

Paper—

1st & rer

(Adolf) Inc—
63%
103%

.

102%

5s 1941
J&J15 7
Certificates of deposit
/
Internal Mercantile Marine—
1st M coll trust 6s 1941.-A&O

68%

•48

104%

41
80

Conv deb

Globe Industrial Loan 6s 1955

Conv deb 4%s ser A 1941 _M&S
Godchaux Sug 1st s f 5s *47-M&N

A&O

International Match Corp—
Deb s f 5s 1947
M&N /
Certificates of deposit
/

Glen Alden Coai Msf4s '65 M&S

Gobel

/

Internal Agricultural Corp—
1st & coll tr s f 5s 1942
M&N

101%
67 M

Globe Wernicke 6s Oct 1 '44.

1950

Inter lake Iron Corp—
Oonv deb a f 4s 1947

80
99

/
/

Loew's Inc deb s f 3 Ms 1946-F&A
Logan County Coal 7s 1942-M&N

5s

Baking—
»

64%

77

99

German Atlantic Cable 7s 1945.

97%

105

Wares—

Georgia Marble 1st 6s 1950.M&N
Gerlack-Barklow'Co 6s 1950-F&'

90

102%

10-year deb 3s 1946
—F&A J102M,
15-vear deb3%s 1951—.F&A
104M
Gen Plastics 1st s f 5s 1948--A&0
100
Gen Rayon deb 6s 1948 w w. J&D /
73
Gen Stl Cast 1st 5%s *49 w w.J&J
64

95
94 M

108%
103 M

Manhattan Refrig 5Ms 1941. J&J

Ind Br'nhoist 6s Oct *54_An Apr. /
46
inland 8t/13%sser D 1961
F&a
106%
Inter City Baking 5Ms 1948103

100

46

Lukens Steel 5s extend 1955 M&N
10
21

70
Industrial Acceptance 4s 1952 J&J
indus Rayon 4 Ms A 1948-

59

21

129

6s series B 1943
A&O
6s series C 1946
F&A
Loiillard (P) Co g 7s 1944..A&0
5s, 1951
F&A

!

103
58

38%
37%

128%

4s '47-J&D

67

F&A f
independent Brewing 6s '55.J&J
109"
Indian Refining 5s Dec 1 1941—
100
Indiana Ice & Fuel 6Ms '47-M&N
67
ind Limestone inc 6s 1952-.M&N /
3
Prior lien a 16s 1942
M&N
35

89

1st mtge s f 5Ms 1947 ser A. J&J
102%
Gen Elec (Germany) 7s *45-J&J 15 /
53%
Deb 6%s 1940--—
-J&D f 56%

conv

68

ilseder Steel mtge 6s 1948

88

Liquid Carbonic

t

70
74

101

24

Manati Sugar 1st 7Ms '42..A&0
Ceitifieates of deposit
1st s f 4s Feb 1 1957
M&N

102»3t

101"

36

22%
23 M
22%
23%
22%

105
104 M
78

F&A
6s 1947-—A&O

1st ext'd l-4s 1956
23" Long Bell Lumb 6s sei

96
Illinois Steel deb 4 Ms 1940 .A&O
II Progresso Italo-Amer Pub—

101

J&J

66

A&

43

100M

J&J

Steel

1st & ref 6s Jan 1949 A

101

Gen Amer Transport 3s 1940. J&J

34

Hygrade Food Products Corp—

100 M

1946—J&D
4%s Dec 15 1947J&D

General

8
19

101

99

Tourneau Foundation—
4s coll trust conv 1947

66

3.25 %
102
103

99

Garlock Packing 4Mb

98%

8

/
/

52 %

O..J&J

Gold bonds 5s 1951

Hungarian-Italian Bank Ltd-

92"

85
56

Lindsay Nunn Pub 6s 1944-.M&S
Lion Oil debs 4Ms 1952
A&O

6

/

144

39

Ref 5M* series B 195
1st 5s 1940.

18

/

50

100
Galveston "Wharf Co—
Ref 5Mb series A 195

/

25%
97

Libby McNeil &Libb 5s '42.A&0
Liberty Baking 6Ms 1944___M&S
Liggett & Myers g 7s 1944—A&O

Lincoln-Boyle Ice

21

65

Hungarian Central Mutual
Credit Mfg 7s 1937
-Ja
Hungarian Disc & Exch Bank—

36%

49

b

84
26

yl002#3i
98%
33%

5 f 1st mtge 6s 1946
—J&
2d mtge inc 6s Feb 1956

101

90 M
142

1943—J&D

M&.
M&"

Hudson Coal 1st 5s 1962 A__J&
Hudson River Day Line—

28%

36
45

Fraser Co 6s Jan 1

80

Houston Oil Go of Texas—

10-yr sec s f 5%s 1940
4 Ms s f debs 1954

J&D

f
1st & ref 5s 1954
F&A /
Stamped 1954
f
1st & ref 5s 1964
F&A /
Stamped 1964
/
1st & ref 5s 1974-.F&A /
Stamped 1974—
f
Sec 6% notes ext to
1943--J&J/
Stamped 1943
/
Leonard Tietz—See Tietz
Leipzig Trade Fair 7s 1953.M&N f

Housing & Realty Improv—

■

1st mtge income 1975

3"6Ms Dec 1947
Lehigh O & Nav fund 4s '48 J&J
Cons s f g 4Ms 1954
J&J

Le

95%

23

/

105%

Inc—.

72%

450

Holly Sugar Corp—

100

Conv g 6%% notes 1946-/!
Follansbee Bros 5s 1947
J

x

50

71%
Holland-Amer Line 6s '47-LM&N

97

4% notes 1947
M&
Finland Residential Mtge BankSf6s stamped 1961
M&
Firestone T & Rub 3 Mb '48—A&
First Bohemian Glass Works—

100%

46

d 101

4% notes 1942.

79"

99

83

f 6s 1948

76

103%

63

s

70
93

Bid

Lautaro Nitrate Co—

r
W^b 1954 80r
Lehigh Valley Coal—
1st 5s stamped 1944.

93

76
-

Bonds

1

_

21%
77%

Investing Companies

100

102M
/ 23
/
6
91
.f 73

Federal Screw Wks conv 6 Ms *39

3% notes 1941-1942

105%
19
75%

/

Hines i^and & Timber 6s '4K..

Players Canadian—

1st & coll 3 Ms 1940-1942lst & coll 4Mb 1951--——j

Deb

J

Helvetia Coal Min 1st 5s '58_A<!

99

Frick-Reid Supply 6s

f 1946

Heywood-Wakefield 5s 1946 J<!
Hufhtstown Rug 6%s w w 1944.
Hill Mfg Co ext 6s 1945
1

75

Flour Mills of America

s

Hearst Publica 6 Ms to 1947-M<!
Heller (Walter El-

105

Ask

1

Haytian Corp inc 8s Oct 1938-.

16
5
16
5

Fairbanks Morse & Co—

Famous

Bid

Hawley Pulp & Paper Co—

e

Called Nov. 1 at 100 to 101%.
*

AUG., 1939]

INDUSTRIAL

83

MISCELLANEOUS BONDS

&

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

Bonds

Bid

Nat Container deb 5 Ms '52. A&O
Nat Dairy Prod 3 % s "w w*51 M&N

107M

Natl Debenture Corp 3-6s 1953..
National Distillers Products—
Conv 3Ms debs 1949..

194768

Bonds

Ask

108

51

104

M

104M

National Fire Proofing Oo—
1st M conv 5Hs A 1946.M&N
Cum conv inc 5s 1952
M&N /

94

22

98
24

/
/

55
60

65"

WltaiUUli

BliOOJHma,IN

Natl Grocers Ltd 4s 1947

A&O

101
101

/

Nat Ice & Cold Storage (Calif)—
1st s f ext 3Ms-6s 1952
J&E
Nat Industrial Loan 7s 1957
Nat Lock 1st ext 6s 1944.-—F&A
Nat Oil Prod deb 4s 1952... J&D
National Radiator Corp—

1%

"

M%

1940

1942
1943

48 M
55

xr

18

103 M
99 Vs
100 M

107""
19

103 M

100M
100 %
101M
101H
101M
101M

A&O

A&O
.A&O
A&O
A&O
A&O

2^^1949-

50
57

100

105

A&O

1944.
1945...

6

e

A&O
A&O

1941...

~~

104ji

.

Cum income deb 5s 1946—]
National Steel Corp—
1st collM 3s 1965.
...A&O
Serial notes

102

Natl Tool con v deb 6s w w *42.
Nat Union Mtge 3-6s A *54..

32M
33
75
81
95

2-5s series B 1954.

Nekoosa-Edwards Pap 6s'43.

55

30

Newport Industries—
Subord notes 5s 1947
N Y Dock Co 1 st g 4n 1951.F&A

_

90

93

48M

1st 6s ext 5 M% 1942

M&N

45

NYLB&W Dock & Impt—
Extended at 5% to 1943..-J&J
N Y Shipbuilding 1st 5s '46.M&N
New York Trap Rock Corp—

105

85
88
79
62
47

Nivelie Corp 4s 1952M&N
Nordberg Mfg Co 1st 6s 1943M&S

86

89
81
64

100

North American Car—

Equip trust 4M« Aug 1 *39-'40_
Equip trust 4 Ms Nov 25 '39-'43
Equipt tr 4Mb 1940-47 J&D15
Equip trust 5 Ms Sept 1 '39-'44.
North Amer Cement Corp—
Deb 6Ms A with warr '40-M&S
6Ms 1943
M&S
Income 6 Ms 1953
M&S
Nor Amer Refract 6 Ms 1944. J&J
North German Lloyd—
20-yr s f 6s 1947
M&N
New 6-4% 1947
M&N
North Western

b
b

4.65
4.65
4.65

b

4.65

6

98
88

/
/

92""

28
26

31

30

38M
b

Eq tr 3 Ms

b

1939-48—A&O

b

Northern Klec & Nor Pap Mills—
1st 4s 1940-47
....M&N
1st mtge 5s to 1948
M&N
Debenture 6s 1943
M&N
Northern Redwood Lumber—
6s 1937
J&D /
N'west Pub's Deb 4 Ms 1948-J&J
Northwestern Barb Wire Co—
......

1st mtge s f 5Ms ww 1945.F&A
5Ms without warr 1945.F&A
Nova Scotia S & O 5s 1959—J&J /
6s perpetual stock
J&J /
1st conv s f 3 Ms 1963
J&J

•

—

—

40M

3.50
3.75
3.50

2.75%
3.25%
3.00%

87

93
89

80

7

10

96

83 M
85

87

84

Oonv

77

}

Without warrants
Otis Steel 8 f 4 Ms A 1962...J&J
Oxford Miami Piper 6s 1947.F&A
Pacific Atlantic SS 2-5s '43.M&N /
Pac Coast Cement 6s A19421J&D
Pacific Coast Co 5s 1946
J&D

ajg

39""

deb 6s 1944

conv

A&O

Paton Mfg Ltd 1st 4 Ms '56.M&S
Peabody Coal Co (Consol Co)—
Ists f 5s 1953

A

105
97

25 M
25 M

26
27

96

98

82
52
50

54"
53

54
90

49

75"

99M

100 M

99

100

92

94

79

81

30

101

103 M

104

38

40

101

103

75"

73 M

11*
93
99 M
100M
100M
101M

103^
103 M

22

18*

60

88"

85

103 %
102

104 H

102 M

94 M

94 M
95

945

106 M
86 M

106

.

16M

103
100

men

a

96

llH

18"
105"
1

90M

1

f'

22""

107

—

99
76
23
62

J&D

6 Ms with warrants 1943
J&J
Pub Wks (Germany)—
1st extl s f 7s 1945
F&A

76

Secured

1st

a

m s f

Gen & ref 6Ms 1951—.M&N
0% notes 1947
J&J

J&J

#4

48

ser

A.M&S15

99 M

Stamped (July 1933 coup on)
Guar s f 6 Ms 1946 ser B..A&0
Stamped

100M

lsts f 4Ms 1960
Pettibone Mulliken—
6s w w 1943

i

Phelps Dodge 3 Ms 1952

*

J&D

107 M

s
c

JPaUed Sept. 1 at 102M.

g

109

g

+ Called Aug. 24 at 102M.
k Last sale.

nNominal.

Co 5 Ms 1945—J&J
7) deb 5Ms 1943 F&A

60
40 M

23

40
57

58

12

iom

102 y8
103 H
104

106
103 M104 H
105 M

104 M

105M

104M

105

16

92
97

99

97
20

21M

Canadian price,

s

79

80""

33

39

98 M
35

36 H

£1*
96

53

s

M&S

f 5s 1948

100M

101

1937.

-

A&O

66

69

91

92

1

M&S /

4

Sugar Pine Lumber Co—
1st M serial 6s 1932-1942.M&S /

80

dep.

5s

conv

deb

F&A

1951
A

ser

M&N V

20

26M

Superior Elev & Fwdg
-M&N /

34

Sink fund deb 5s 1938...J&D
Swift & Oo 3 Ms I960..
-M&N

Taggart Bros Co 6s 1944
J&D
Taylor-Warton Iron & Steel—
Coll inc 7 Ms July 1 1958—A&O f
Tenn
Tenn

Coal

&

RR

5s

1951..J&J

4

107

107 M

95 M

55

60

129

Copper & Chemical—
M&S

J&J

i02%
70

A&O

Warehouse 2d 5s '42..J&J

Texas Oorp deb 3H8

1951—J&D

3% debentures 1959
—A&O
Thermoid Co 5s w w 1951—J&D

103
49
105 M

105M
81

52
105 M
105 M

M&S

Ticonderoga Pulp & Paper 6s 194n
Tide Water Assoc Oil 3 M* '52&Jj
Tietz (Leonard) 7Ms x-w '46. J&
Tilden Lumb & Mills 6 Ms'46M&S
Tlvoli Brewing conv 5s 1947 J&D

Tomahawk Kraft Paper—
1st 5s (with stk) 1951
...A&O
Trask Timber lit 3s 1944
J&D
Uchi Gold Mines 1st 6s 1941 J&D
Ulen & Co—
Conv 6s 4th stamp 1950..F&A
—

99

82 M

102

97

105M

106""

28

40

16

20

75
58
60

60

97

98""

40
47 M

49 M

44

F&A

114M

114M

15-yr 3 Ms deb 1952
J&J
Union Rock 1st 6s s f 1947—M&S
Union Term Coal Stor 6s '39.F&A

106 H

106«n
21

100

United Amusement Corp—
1 st s f 5s ser A1956

F&A

102M

105

107 fi

108M

1942

ser

A

19

109 M

102 M

t Called July 31 at 100.
r

92 M

32M
98 M
129 M

c

/This price includes accrued interest,




22 M

„

M&S f 36
J&D
108M

10

United Biscuit deb 5s 1950--A&O

23"

5

Pennsylvania Glass Sand Corp—

1st

1st mtges f 5Ms ww 1949.A&O
Studebaker Corp 6s 1945
J&J

6s May 1

7M

Properties—

f 3-4s 1961

6s 1941

2d

Unified Deben Corp 5s 1955..
Union Oil Oo of California—

ixon

Pennsylvania-Dixie Cement Corp

Stern Brothers 6s s f 1947
J&D
Stevens & Thompson Pap 6s 1942
Stillwater Worsted Mills—
Deb 5Ms A1943—
—F&A
Stinnes (Hugo) Corp—

1st s f 6Ms ser A 1951

90

Penn Mercantile

69

Three Rivers Grain & Elevator—

10

100
zlOO
94

22"

95

I

J&J
J&J
J&J
—J&J
Stand Textile Prod 6Ms '42 M&S
Stanley Co (Camden) 6s '40 J&D
Stanley Crandall 6s 1946.-F&A
Stanly-Rowl-Ciark 6s 1946 F&A
Starrett Corporation—
Secured cum inc 3-5s Apr 1950

Term

30
25

51

Penn Amer Coal 6s 1941-56—J&J

80
80

90

90
.

J&J

1M% 1943

4MB 1948—

91

Peerless Cement 1st 5s 1948--J&J
Penman's Ltd 1st 5Ms '51—M&N

75
75

87

101

Term Refrig & Warehouse Oorp—

1st extd 6s stamped 1945.M&N

93M

83

99 M

20

Oonv deb 6s 1944 ser B
Tenn Prod 1st 6 Ms 1936..

105 M
21

t Louis Gas & Coke Corit—

47
95

106M

102M

Susquehanna Silk Mills—
102
50

45

106

f 6s 1947

.

70
105 H

Spalding (A G) & Bros 5s '89M&N /
103 M
Spang Ohalf't & Co 1st 5s '48 J&J
100 M
Square D Oo deb 5s A 1945.-F&A
105M
Staley (A E) 1st mtge 4s '46.F&A
10
Standard Ice 1st 6s 1947..—F&A
Standard Oil (N J) deb 3s *61- J&D
105|«
105 %
15-yr 2Mb deb 1953——J&J

6s Jan 1 1951

Sahara Coal inc deb fis '40.M&N
S
/

s

104

100M

Sunray Oil Corp—
105

100
10

83
A&O

1st M

103 M

39 H

Oonv income 5s 1944

Extended 3-5s

35

21

114M

104 M

Summerfield Hecht—

45

32

.J&J

104
114
114

100M

104

57

Southern United Ice Co—
1st 4s w s 1950
-A&O
Southwest Dairy Products-—

1st 7s 1942 ctfs of

108
39

i07M

..A&O

2M

II—

99 M

72""
97
100

Sugar Estates of Oriente—

1

/

(Portland Me) 4s 1958.—A&O

da

75

92M.

1946—J&D
Southern New England Ice—
1st s f 4 Ms 1967-A&O

Stutz Motor Oar 7 Ms

1942—.J&D30

I at.

4.25%

Struthers Wells Titusville—

July 12
10

78

ITitrnnco

5s '41. /

102
40

101

/ 39
fjc 31
/
5

M

( !laiP

Simpsons Ltd—
1st & coll 4Mb A 1951
J&J
Skelly Oil deb 4s 1951
J&J
Smith (Howard) Paper Mills Ltd
1st 4Mb 1951
J&D
Smith (L O) & Corona Typewr'rs
Deb 2% to 4M % to 1946—_J&J
Smith & Wesson 5 Ms 1948
J&J
Socony-Vacuum Oil Co—
3s debentures 1964.
J&J
Solvay Amer Corp 4s 1954--M&S d
South Coast Oorp—
Gen mtge inc 6s April 1950.—.
Southern Advance Bag & Paper—
lstsf 6s 1947
.J&D
Southern Brighton Mills—
1st gtd 7s 1940
J&D
1st gtd 6 Ms 1940
J&D
Sou Tee & Util conv 6s 1946.F&A
Southern Ice Co—
1st & ref 5-8s 1942
A&O

stamped 1946
A&O
Stinnes (Hugo) Industries—
2d stamped 1940
J&J
Strange (John) Paper 6s '44
J&J
Strawbridge & Clothier—

100 M

99
99

100

4f.

4.25%

—

100

85

60

M

Deb g s f 6 Ms *51 with war M&S
Ann Apr / 450
100
7s 1940
J&J
68
Stgnode Steel Strap 3Ms '45.A&O
61
Silesian-Am Gorp 7s 1941—F&A
95
flilverw'd Dairies 5s '41 to '51 J&J
Simmons Co Conv deb 4s'52A&O
99 M

2% 1944
2M% 1945
2*A% 1946
2M% 1947

103 M
103 M
103 M

73"

52

5.00
5.00

96 M

76M

Shuron-Optical 6s 1951—--

Serial notes

102 M

34
71

Shippers Car LineEquip trust 5s E1940-42.'.A&O 6
6
Equip trust 5s F1940-45.-

Southwestern Devel 4s 1943-J&J
S'west Lumb Mills 5s 1955. .M&N

102 H
103

99
77 M
82

85

1st leasehold 4 Ms

20M

M&S

Rocky Mtn Fuel 5s 1943

15-year 3Ms debs 1951—-M&S t 102%
96 M
2Ms debs 1954
J* ~
Sheridan-Wyoming Coal Co—
1st s f 6s 1947
J&J
81M

Steel Co of Can 6s 1940....J&J

1952

June

99

Southern Improvement 1st
Southern Kraft Oorp—

87

65

93
92
111

ser

.M&N

6s

58"*

56
97 M

_

51
45
83
70

River Raisin Pap lsc 6s *45.-F&A
Roberts & Oake (Chi) 6s '44.M&N
Roch & Pitts C & I 5s 1940-M&N

99

25

20

96

Paramount Pictures 6s 1955.J&J t
Conv deb 3 Ms 1947
M&S
Parmelee Transportation Co—

1st

33

7-yr div notes 3 Ms 1944—J&D

8 f

102
95
93 M

ichmond Radiator 5s 1948 M&N
Rima Steel Corp 1st s f 7s '55 F&A
Riordon Pulp & Paper Ltd—

33M

35
35

Panhandle Eastern Pipe Line—
1st mtge & Uen 4s 1952...M&S
Paramount Famous Lasky 6s 1947
Paramount Publix 5Ms 1950-—.

f 4s

Ask

69

Deb 6s 2930

98"

Richmond Hos Mills 5s 1948-F&A
Richmond (Va) Ice 6 Ms *42.A&O
1st & ref 5-6 Ms 1947
A&O

12

97

Pan-Amer Industrial 7s '37.M&S /
Pan Amer Petrol Co (of Calif)—
1st conv s f 6s 1940
J&D15 /
Certificates of deposit.
/
Pan Amer Petroleum & Transpt—
7-yr div notes 3 Mb 1943—J&D
_

94M
105

36

82"

8
31M

1948

Oregon-Am Lumber 6s 1942. A&O
Oregon Pulp & P 6s to '45--M&N
Oreg Terminals inc 5s 1945.. A&O
Orono Pulp & Paper—
68 stamped 1943
J&J /
Osgood Co dob g 6s 1943
.J&D
Oswego FallsCorp 4 Ms 1952.M&S

s

Bid

ScuIIIn Steel 1st 6s 1941
A&O f
1st conv 3-6s 1951..—
A&O
Securities Accept Corp fis '46 J&D
4hell Union Oil Corp—

Siemens & Halske—

84M

95

O'Connor Moffat deb 6s 1948F&A
O'Gara Coal 1st inc 5s 1955 M&S
/
Ohio Forge & Mach 6s 1951.-J&J

1953..

105M

Richfield Oil of California—

95
35

OceanSSCo (Savannah) 5s '43J&J

Old Ben Coal Corp 6s (w s)
Inc deb 7 Ms (w s) Aug 1

95

103

-

?0-yr deb 4 M> w w 1956-.M&P
4 Ms without warr'ts 1956 M&S
Republic Steel Corp—
Gen mtge 4Ms ser B 1961.F&A
Gen mtge 4Ms ser O 1956 M&N
Purchase money 5Ms "54.M&N
Restigouche Paper Ltd 6s '48F&A
Revere Copper & Brass—
1st mtge 4 Ms s f 1956-J&J
Reynolds Met deb 3 Ms *51—J&D
Rheem Mfg conv 5s 1948...A&0
Rheinelbe Union 7s 1946
J&J
Rhine-Main-Danube 7s '50 M&S
Rhode Island Ice 5s w-s '51..F&A
Richardson & Boynton Co—
Cum income 4s 1945..
J&J

Refrigerator Line

ser K

"4"

2

Remington Hand Inc—

/ 100

Equip trust 4s ser I Jan 1 *40-*43
Equip tr 4s ser J 1939-46.J&D
M

4.00%
4.00%
4.00%
4.00%

21

91
109

Quincy Market Cold Storage &
Warehouse 1st 5Ms 1946.M&N
R&dio-Keith-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 65% paid—
Debenture gold 6s 1941..J&D
6s stamped 1941
J&D
Midwest Corp ref 6s 1940.M&N
Railway Express Agency I be—
Serial notes % % Dec 1 1939...
M-l% June 1 & Dec 1 19401 M-l M % June 1 & Dec 1 '41
1 M-l M % June 1 & Dec 1 '42
1 M-l
% % June 1 & Dec 1 *43
1 M-2% June 1 & Dec 1 1944.
2-2 M % June 1 & Dec 1 19452 M-2 M % June 1 & Dec 1 '46
2 M-2 M % June 1 & Dec 1 '47
2 M-2_M % June 1 & Dec 1 '48
Railway Whouse 4-6s (w-s) *47.
Realty Bond & Mtge deo 3-6s '53.
Reliance Grain Ltd 4Mb 1952.J&J

97

6s stamped 1946
J&D
Partic deb 2d mtge 7s 1946 J&D
New York World's Fair 1939—

19
3

Purity Bakeries 5s 1948
J&J
Quaker City Cold Storage—
1st* f-5s 1953
M&N

A&O

3M

,

102
109 M

103 M

1st 3s 1940
M&S
1st 3 Ms 1941-1943
M&S
1st 5s 1957
—-M&S
2d conv deb 4s 1957
M&S
Produce Term & Cold Storage—
1st Income 6s 1958...—.J&D
^rotestant Church of Germany—
7s 1946
A&O
Prov Paper Ltd 5Ms 1947—M&N

94

New Eng Laundries 5s 1956.«»(*u
New Niquero Sitg 3^s 1940..J&J

3*

Pressed Steel Oar Co 5s '51--J&J
Price Bros & Oo Ltd—

90

11H

100
109 M

Potrero Sug 7s stmp 1947.-M&N
Pratt Cons Coal 1st s f 5s 55 J&J

35""

Bonds

Ask

105

—

3-6s 1953

102M

A&O

National Terminals Corp—
Gen & coll s f 6Ms 1940— .A&O /
Coll tr s f 6Ms 1943
A&O /

Conv 5% notes 1947
NYLE&WC & RR—

Bid

1973- J&J
Conv deb 6s 1949—-——M&S
Phillips Elec Works 5s 1953 F&A
Phillips Petr 3s conv deb '48-M&S
Phoenix Iron J st s f 6s 1940.M&N
Phoenix Silk Mfg 7s 1943.. JP&A
Pickering Lumber 6s A 46- -M&N
Pierce Butler & Pierce 6 Ms'42—
Pine Hill Collieries 1st 6s *42 A&O
Plreili Co of Italy con 7a 52 M&N
Pittsn Brewing 6s Feb 4 49...T&J
Pittsburgh Coal deb 6s 49. .F&A
Pittsburgh Coke & Iron Co—
1st mtge conv 4 Ms 1952—.M&S
Pitts Crucible Steel 5s to 45.M&S
Pitts Steel s f 6s 1948.
.F&A
Pocahontas Consol Collieries—
1st gold 5s 1957—...... J&J
Poor & Co s f deb 4s 1940..-A&O
Portld Woolen Mills 6 Ms'41 M&N
Porto Rican Amer Tobacco—
Conv 6s 1942
-J&J
6s stamped 1942
—
Port Royal Pulp & Paper—
5s to 1941
M&S
Potomac Bond Corp 2-5s 1953...
Potomac Cons Deb Corp 3-6s *53.
Potomac Deb Corp 3-6s 1953.—.
Potomac Franklin Deb 3-6s 1953.
Potomac Md Deb Corp 3-6s 1953
Potomac Realty Atl Deb Corp—
Phila & Read O & I 5s

85 M

b Basis,

Sale price.

d Called July 31 at 102M.
e Called Aug. 1 at^lOO.
zOalled Aug. 1 at 100.
y Called July 31 at 26 M •

MISCELLANEOUS BONDS

INDUSTRIAL &

84

"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

NOTICE—All bond prices are

Bid

Bonds
United Cigar-Whelan Stores—
S f 5s Oct 1 1952
--A&0
United dorps Ltd inc 5s 1953 F&A
United Elec Goal Cos inc 7s 1946.
United Drugs 5s 1953
M&S15
United Grain Growers Ltd—
5s series A 1948
-J&4
_

76
96

78

98"
82M

85

95 M

97
96
97

94

93

26
28 M

/

/
U S Cold Storage(Ohg)6s'45- J&J
U S Cold Storage (Kan City)

100

1st sink fund 6s ser A1946.!
1st sink fund ser B 1949..F&A

35
35

101M

100
100

U S Finishing 5s 1944
5
—J&J /
90
U S Print & Litho 6s 1950—A&O
U S Radiator dorp—
52
conv deb s f 5s 1946...—F&A
106
U S Steel dorp 3 Ms debs '48 J&D
United Steel Works (Germany)—

6M& series A 1951
J&D
6 Ms series O 1951
J&D
6Ms series A 1947
...J&J
United Stockyards Oorp—
15-yr coll tr 4 Ms A ww '51 A&O
United Wall Paper Fac 6s 1947—
Universal Sewer Pipe 6s 1943.J&J
Utah Ice & Storage (Golo)—
4-5s

J&D

1954—

w*

104
35

63

Utah-Idaho Sugar 5s 1946--M&S
101
Utilities Elkhorn Goal 6s 1948 J&J /
68
98
Valvoline Oil ext 5s 1947-M&N
Vanadium dorp of America—
Gonv deb 5s 1941
A&O
101M
87
Van damp's Inc 1st 6s 1943..J&J
55
Van Dorn Iron Wks 7s June 11942

Vertientes-Gamaguey Sugar—
1st coll conv 5s 1951
A&O
Vertientes Sugar 1st 7s 1942
_

95

Gertificates of deposit/
8M
100
Viau Biscuit dorp 6 Ms '46..J&J
Vicana Sugar Go 6s 1255
J&J t J*
Victor Amer Fuel 6s 1940---F&A /
20
37 M
Victor Fuel 1st s f g 5s 1953--J&J
Va Hardwood Lumber 6s '42. J&D
88*
30
Va Iron Goal & Goke 5s '49-M&S
-

—

54

106 M

75
99

Warner-Quinlan Go 6s 1939.M&S
Warner Sugar Oorp 7s 1939-J&J

65

35
32

30

31

M&S

M&N

it*

88"
104M

W Va

107M

38M

21
102

....

37"" Commodity Exch..

946

60

103

Cleveland Stk Exch
Detroit Stock Exch
Ft Worth Gr & Cot
Kan Oity (Bd of Tr)
Los Ang Stock Exch

97

11M
11M

90""
103M

Milw Grain & Stk.

Minn Oh 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.

J&D

825
325

1,500

b Basis.

/This price includes accrued interest,

1944

k Last sale,

n

Nominal,

r

1,500
2,000

s

97

87 M

90

106

106 M

105 M

105 M

42,000
7,000
2,100

60,000
7,700
2,500

"800

"850

2,000
1,350

3,500
1,500

l",500

1,700
3,500
750

650
350

75
158
523
18

150
1,100
1,000
39,000
710
105
1,000

v80
500
70
200
100
45

"150
1,000

500

900

500
400

l",666

25,000

40,000

3~,666

5".66O

18,000
250

113

40

26,000
350

463

3,100

Ex-interest,

1,100

"800

500

69

%

41250

750

44

32

Sale price.

600

1,800

4,200
1,750

Washington Stk Ex

Canadian price,

42

94 M

550

213

San Fran Stock Ex.

88

w

41

475

4,000

41
60
66

Seattle Curb & M_ J
Toronto Stock Exch

57

6Ms w

107

90

260

Winnipeg Gr Exch.

50

105

8,000

Boston Stock Exch.
139
Chicago Bd of Tr_. 1,549
Chic Merc Exch...
473
Chicago Stock Exch
352

Seattle Stock Exch 1

Extend income 6s 1963..-M&N
Woodland Farm Dairy—

7,200
2,500

NY Prod Exch-.—1,500
Assoc membersh.
Baltimore Stk Exch
76

100 M
70

Wise Lime & Cement 6s '38.A&0
Witherbee Sherman Inc—

l6l""

Exch...1,375 $62,000
450
344
550

65

—M&S

5Ms 1943

92

No. Last Sale
N Y Stock

N Y Cotton Exch..
N Y Gof & Sug Ex.
N Y Curb Exch

97

Wilson (W P) inc 6 Ms 1945.M&N
Winslow Br<?s & Smith—

33""

93
92
106

EXCHANGE SEATS

Watab Paper 1st 6Ms 1942--J&J
80
Webster O&G 1st g 5s '42 op M&S
85
West Boylston Mfg 7s 1942--J&J
102 M
West Indies Sugar 6s 1947. _A&0
93
West Va Pgh Goal 6s 1947
/
1

Wilbur-Suchard 4s 1952
Wilson & Go 4s ser A 1955—J&J
Gonv debs 3Ms 1947
A&O

94

A&O '

89

101

.

4M

1st leasehold,5s 1946

38

99
87

M&N

Ask

Wyoming Valley Collieries—
Yates-Am Mach 3-6Ms '44.A&O
York Ice Mach 6s 1947A&O
Debenture 6s 1943
.J&D
Youngstown Sheet & Tube—
1st M « f 4s ser G 1961
M&N
Gonv 4s debs 1948. ......M&S

41M

§§*
36

M&S

Bid

Woods Mfg Go Ltd—
1st 3s to 1941—
..J&J
3 Ms series A 1942-1945—_J&J

4s series A 1946-1947
J&J
4 Ms series A 1952
J&J
Woodward Iron 1st lien 5s '62J&J
2d conv inc 5s 1962—Ann Apr
Woodward & Tier nan Print—
6s 1942
J&J

80
60

90
63

A&O

Warren Bros Go—
Gonv s f deb 6s 1941
5 Ms notes 1937
Warren (S D) Go—

105 M

Pulp & Paper 4 Ms *52 J&D
106M
Western Dairies Prod 6 Ms '41 J&D
101
Western Grain Co 6s 1949—J&J /
35
88 M Western Newspaper Union—
Conv deb 6s 1944
F&A
105
58M
Western Steel Products—
42
GensfSs Jan 311956__—QFeb r
50
Weyenberg Shoe Mfg—
Debenture 4Ms 1945.....J&D
101M
Wheeling Steel Corp—
1st M s f 4 Ms se* A 1966—F&A
96 M
Whitaker Paper 7s 1942
111
M&N
White Sewing Machine—
105
Deb 6s 1940M&N
100 M
Wickwire Spencer Steel—
7s certificates of deposit 1935—
10M
Prior lien 7s certificates 1935
10 M
5-year 7s ser A 1930
J&J /
15 M
Secured 6s 1945
88
11
M&S

Vulcanite Portland dement—
1st 7Ms 1943....
M&N
Wabasso Got'n 3 M-4 Ms '51 F&A
Walker Goal & Ice 8s 1940-.M&S /

6s debentures 1948...... .M&S
Warner Co 1st 6s 1944

Bonds

Ask

Walker (Hiram)-G & W—
Deb 4 Ms 1945
J&D
105M
Waltham W'tch & Gl'k 6s '43 J&D
104
Walton Lumber 1st 6 Ms '41 Q-Jan /
45
Walworth Go 6s s f deb 1955-A&0
58 M
58 M
20-yr 1st mtge 4s 1955-.—A&O
Warner Bros Pictures—

1st mtge s f 4 Ms 1952
Gonv deb 4 Ms 1952

39

I::::

Bid

Bond*

Ask

y

"300

80 seats, 70 members.

Quotations are for the last day of the month preceding the date of issue.

Bid.

Bonds

22

Burlington 5s and 4 Ms
Central Illinois 5s........
Chicago 4Ms
5s and 5 Ms
—
3s

26
25
5M

23

3M
3M
101M

.......

Dallas

101M

.....

100
100

Denver 3s
First Garolinas 5s

4Ms

1

100 M
100

—.

Fremont
5s

101M
101

100M

102

84

4Ms

5s———

85
86
99

of Sioux oitv 4 Ms...

94

Illinois
; »wa

101
102

100
100

First of New Orleans 5s...
First Texas of Houston 5s.
Fletcher 3 Ms

Sifdwest

f Flat price,

s

4Ms

...

...

91

—

5s
5 Ms

92
93

-

99

Montgomery 3s—......
New York 5s

100
99
) 99
M

...

North Carolina 3s

—

/

40

Pacific Coast of Portland 5s

100

......—

4MB

98

4Ms
Lincoln

100

Phoenix 4Ms———
5s

105 M
107 M
100

Potomac 3s
St Louis 4Mb and 5s—
San Antonio 3s

101M
95
96

Virginian 3s

Atlanta

102
100
102
45
101

Atlantic

107 M

Dallas

Southwest 5s
Southern Minnesota 5s

65

88

Potomac

14

San Antonio

12 M

____100
100

75
55

125

40

60

65

7
1

......

2M

2

New York.

100

North

Carolina.........
Pennsylvania..
....

100

4

12

.......

15

70

80

100
5

.......

22

27

100

....

—...—..

Virginia
Virginia-Carolina

101
97

45

..........

Denver
Des Moines
First Garolinas
Freemont
Lincoln

101

115

..........

23

/

102

Par

—

...

109
101
25

/

101

99 M
100

.....

STOCKS

101""

Ask

99

Union of Detroit 4Ms...
5s

100
85

-

Bid

Stocks.

Ask.

101

—

Ohio-Pennsylvania 5s—
Oregon-Washington 5s

First Trust of Chicago—

4Mb

Lafayette 5s..

5M

102M
101M
101M

Bid.

Bonds.

Ask.

100

Atlantic 3s...

110

74
1.75

100

Par

Bid

77

2.00

85

Ex-dividend.

Investing Companies Stocks and Bonds
Concluded from page 72

Stocks and Bonds

Par

Per

Spanish & Gen Oorp Ltd—
Am dep rets ord reg
£1
Amer dep rets ord bearer...£1
Spencer Trask Fund Inc
♦
Standard Amer Trust Shares
1
Standard Investing Gorp com..*
$5.50 preferred w w
*
Deb 5Ms 1939
F&A 15

Stocks and Bonds

Ask

Bid

12*

Third National Investors
1
Tobacco & Allied Stocks Inc—. *
Tobacco Securities Trust Ltd—

H

Standard Utilities Inc
.....50c
♦State St Investment Corp...—*

80 M

83

Suburban Elec. Securities...—*

55c

80c

$4 cum 2d preferred
....*
Super Gorp of Amer class A...2
Glass AA

Class B

....

1
2

Supervised Shares...

1

Talcott (James) com

9

5M% partic preferred....—50

A

36
3.57
2.50
3.74
10.08

A*

42

44

£1
£1

13M
1M

14M
1M

2
Tri-Oontinental Corp.......... *

lH

Am dep rets ordinary—
Am dep rets deferred

Transamerica Oorp

6%

preferred

*
-—

1953
J&J
Trusteed Amer Bank Shares B 25c

Trusteed Industry Shares—..25c
Trustee N Y Bank Shares....50c
Trustee Stand Invest ser C.....1
Trustee

6
43

Quotations not furnished by sponsor or issuer.




cum

Warrants
5s conv deb

5M
87

>

108

57c

63c

87c
1.29

97c
1.34

2.51
2.45
5.27

1

5.00

Series B

* No

81

106^

Standard Oil shares A..1

—....

par

value,

e

Ex-c

1

upons

Stocks and Bonds

Per

Ask
share

Union Investment common.. -—*

65""

Class D

10.96

Ask
share

62*"

16.04
3.59
13
100
62c

Bid
Per

share

Ms
M
15.14
3.49

Par

/ Flat price,

Conv deb 5s 1946
M&S
United N Y Bank Shares G3—*
U S Elec Light & Pow tr ctf A—*
Trust ctfs series B
....

Voting shares
U S & Foreign Securities com..*
$6 1st preferred
——*
U. S. & International Sec......*

1st pref with

warrants.—---*
5

Utility Equities Corp.—
$5.50 priority stock

—*

Utility & Industrial Gorp——6
Convertible preferred
7
Wellington Fund
.....1
Western Reserve Investing—•
Deb 5Ms 1944———F&A
Wisconsin Bankshares—......*

k Last sale

n

Nominal,

x

95

97

1 M
16M

2.37
1.01

«ll*
1M
52

l*o
13.66

102

4M

Ex-dividend.

4M

1

/

Quotation* for all securities

Stocks

Par

Bid

Ask

Per

Stocks

Par

Per

$1%

64

JX

20

65 **
22

1

3%

100
10

4

3%

10%

4

11%

Fine
6

Spinning Co....*

6

60

65

81

86

65""

18
70

Wiscassett Mills
Woodside Cotton.20

Bourne Mills

.*

Cotton

Alaska Juneau

6 % preferred. .100
Fairforest Finish Co

109

'6%

17%

50

14

Granteville Mfg. .20
Grendel Mills—

75*
kkA

5%
5%
24%
5%
1H

Nashua M (N H) 100
Preferred
100
2nd preferred
1
Nebel (Oscar) pref_ *

Preferred

20

Hanes (F H) Knit.5
7 % preferred
100
Hanover Mills—

*

Com class B

*

19%
18%
46

*

20%
19%
48%

12

6% prior pref..50

13

Patchogue Plymouth
1

13

100
.100
Pilgrim Mills
100
Plymouth Cord.. 100

71

Mills com

Pepperell Mfg
Pierce Mfg.,

17
28

9

11

113

116

15

_

6% preferred

74

■IK

2

25

76""

78

Powdrell Sc Alexander

95
82

4%

4%

14

lch Borden Mfg
guissett Mills 100

5
29

75

.....

*

8

9

14%
14%

16
16

Mill

...100

23

33

37

19

21

(F W) Mfg.. 100
Rhodiss Mills 7% pf

20

23

Stroock (S) & Co..*
Tubize Chatillon__l
Class

A

8%

.1

9%
11%
36

76

83**

Cotton Mills.. 100
W»msutta M.
.100

29

31

Wayne Knit Mills.5

13

7% preferred. .100
Utica

Sc

Mohawk

5%

6%

13%

20

1

3

9

Acme Spinning.....
Alabama Mills
*
Amer Yarn Sc Proc_.

95

100
2

1!
49

55

Anderson Cotton

Mills

Appleton Co
Preferred

Arcade Cotton
Mills...

100

19""
50
57
88

62""

110

23
20

65

Stowe

95

92"

7% preferred
Belton Mills(SO)_25
Preferred
Bibb Mfg
100

97

8**

86

90

3

32

40

a

Purchaser also

pays

value.




12

20

6%

64

49

34%
6%
3%
12%
7%
.%

1%

1

10c

King David Min.50c

1%

70

75

115

121

17

19

1%
30c

42*

Lucky Tiger Comb
Gold Mining

38""

20c

40c

50

60

5

7

5

Mines

19

a

12

a

26

100
100
OhicR ETrus's. 100

a

12

a

7

City RET (0..500
Congress St Associ¬

a

100

Boston Wharf
Cent BldgTr

5

a

2

(Boston).lOO

a

Factory Bldg Tr.100
Fifty Associates (B).
Hotel Tr (Boston) 100
Kimball Bldg Tr 100

a

3

a

350

ates

8

a
a

...

3

TITLE GUAR¬
ANTEE & SAFE
DEPOSIT STKS
Bankers Bond Sc

94

—

¥

1
11

Home Title Ins (NY)
Title Guar & Trust
of New York

**

20

4%

4%

INDUSTRIAL AND

58%

1%

1%

8%

4c

10c

4

4%

54

55

73

74%

40

New Riv<r Co

.100
100

55

1%

1*

IK

7
60

97"

n

Nominal.

30c
64

40c

64**
140

Abercrombie & Fitch
Common
l
$6 preferred
75

7

11

66

72

conv

Aberfoyle

Mfg.. 100
Preferred.
100
Abitioi Pow & Pap.*
6% preferred .100
7 % preferred—100

65

55

%
o y%

1
R
u

4

Abraham & Straus. *
Acme Steel
25

42**
36**
16**
9J*

44**
38*4
17**
lim

22

Acme Wire
_Il0
Adams (J D) Mfg—*
Adams Express
See

11

7

23%
6*4

t

Investing Cos.

Adams Millis
Adams Oil Sc

Addressograph

*

Gas.*

5%

Mul-

tigraph Corp.,. 10
Advance Aluminum
Castings com...5
Advance Rumely..*
Aeolian Co—
6% preferred A.50
Aero Supply Mfg—
Class Anew
1
Class B

21

2%
2%
4

20

1

3**

Aeronautical Corp.l
Aetna Bali Bear
1

"§""

new

Brewery....1

5c

Aetna Rubber
*
Preferred
Aetna Stand Engine*

22

2**
3

5%
22

3%

J*

20c

...

Mining. 10

k Last sale.

.»

Lab'fcories.*

132
17

Aetna

Newmont

Preferred

B Stove

Abbott

25c

Mt City Copper..5c
National Tunnel

76

-

34

and Mines com..*
New Jersey Zinc. .25

90
.-

%

57%
8%

lc

new

5

95

118

/ Fiat price.

%
33%

Canada........*
Mother Load Ooall'n

3l"

80c

4%

Magma Copper OolO
Mayflower-Old
Colony Copper.25
McIntyrePorcupine5
Miami Copper
5
Mining Corp of

60

1

%

10

38
30

1st M 6s Jan 1941
Wallace Mfg Co

accrued dividend.

*

Inspiration Cons

70c

Mfg 100
7% preferred.. 100

Without par

5%
2%

Lane Rincon Minesl
Lava Cap Gold Mini
Louisiana L'd & Ex 1

Ware Shoals

*

34

Sc Smelting.;
*
Idaho Md Mines.. 1

12""

28

18"

Howe Sound Co
5
Hudson Bay Min

41

Victor-Monagh'n 100
7 % preferred. .100
Victory Yarn Mills—

17%

63%
48%

12K

Lake Shore Mines. 1

13

74""

....

7

55""

7% preferred-. 100

common

30c

2d 5% pref... 100

Burlington Mills... 1
Calhoun Mills....50

W'h'se.lOO

a

365*

Common
10
1st 7% pref... 100

21

TjfBosl-lOO

a

pfd 100
Abbotts' Dairy
*

15c

84"

79
18

Bos R E

4**%

36%
%

10

Union-Buffalo Mills

33

Brandon Corp A.100
Class B
*

1

5

Bd ofTr Bid Tr.100
Bos Gr'd R'T Tr 100

_

15%

Kennecott Copper.*
KUdun Mining
1

7

5

3

7

100

Textiles Inc com.. 10
Class A pref
100
Class B pref
50

Beaumont Mfg

Mining Co.

MISCELLANEOUS
6%
15%

21

Spinning

8

1%
8%

29

25

Kirkland LakeGold 1

6%

6%

6%

Power common..5

Copper Co. ...100
Hecla Mining
25c
Hollinger Mines
5

124

-

10

20

25

1%

Granby Cons MSA
Greene Cananea

20%

20

70c"

REAL ESTATE TR
& LAND STOCKS

%

121K

Sterling Spinning

Avondale Mills.... 1

%

$6 preferred
1
Isle Royale Cop..25
Jardlne Mining....1

-

99

Startex Mills

45%

7

'

-

7% preferred 100

97

1

.

44

1

Copper

Southern Weaving.*
Southern Worsted—
1st mtge notes

35

1%

65c

Mortgage Guar. *
Empire Title &Gul00

Internatl Mining..!
Warrants
Island Creek Coal.l

6

93

%
110

105

9

1%

*

33

9%
2%

H

1

Mines

65""

57
100
20
16
99

68

*

10c

33

5c

Smelting com..10
Golden Cycle OorplO

Illinois Zinc

100

80c

Homestake Mines

102

.100

Zinc, Inc
Federal Mining &

53
40
22

6% preferred.. 100

Spartan Mills

60,

70c

Goldfleld Consol

45

—

6

E vans-Wallower

Rowan Cotton Mills
Saxon Mills..
50
Smyre (A M) Mfg 10
7% preferred

com.

%
4%
1%

%

1%

7% preferred-.100

Process

"6%

1

Eagle Pith Lead..10

Southern Franklin
5

%

3%

Evans Wall Lead—
7 % preferred-. 100

"47"

Riverside & Dan Riv
Common
25

35*'

45

45

47

Southern
Bleaehery
6 Print Wks