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BANK/QUOTATION RECORD REG. U. S. PAT. &£C OFFICE NOVEMBER IN RETROSPECT Page Page Commercial and Financial Cotton —- r ... Course of Stock 1 Events - - - r - - Markets 13 17 Dividend Declarations Federal Reserve Bank—Brokers' Loans Foreign Affairs ^ 15 4 53 —* Foreign Exchange 8 Grain—Coffee—Sugar Securities Called for Hides and Leather _ Iron and Steel Trade 12 Security Issues 10 9 Rubber 9 Textiles. United States Treasury Financing QUOTATIONS Page 57 Detroit Stock Exchange Angeles Stock Exchange 54 31 Philadelphia Stock Exchange 61 Pittsburgh Stock Exchange. 64 — New York Stock Exchange—Stocks 60 Chicago Stock Exchange New York Stock 59 Exchange. New York Curb 58 Stock Exchange Cleveland Stock Exchange.. Los San INDEX TO GENERAL Exchange 41 Exchange—Bonds. 19 _. 66 Francisco Stock Exchange -V|62i, QUOTATIONS Page Page Banks and Trust 11 Redemption..111 Page Boston Stock 16 __________ Petroleum and Its Products.. INDEX TO STOCK EXCHANGE Baltimore 8 ... Money Market.. New 8 _ Municipal Bonds— Companies— Domestic 102 Domestic Canadian 111 Canadian 92 ______ a__ 84 Public Utility Bonds 92 Public Utility Stocks 93 Railroad Bonds Industrial Bonds 81 Railroad Stocks Industrial Stocks 85 Real Estate Bonds Insurance Stocks 100 94 ..... Exchange Seats — Federal Land Bank Bonds Foreign Government Investing Bonds Companies Securities Joint Stock Land 72 84 Securities 67 71 101 ..... Real Estate Trust and Land Stocks... 85 Textile Stocks 85 Deposit ' Stocks 85 United States Government Securities. Stocks— 85 Mining Stocks 78 r Title Guarantee and Safe Banks— Mill Stocks—see Textile 73 92 United States Territorial Bonds 92 December 5, 1940 WILLIAM B. William DANA COMPANY, PUBLISHERS Street, Corner of Spruce Street, New York jiafc gcposit aud Jrust Co. BALTIMORE— —OF Capital $2,000,000 Surplus and Profits $4,196,364 1876 this Company INCE has devoted itself exclusively to the management and conser¬ vation of its it- is of estates—specializing the whole effort highly trained organization in this business, one country of the which few 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 Lyman Delano . Blanchard Randall Charles E. Rieman BANK/QUOTATION RECORD REQ. Copyright in 1940 by WILLIAM B. DANA Entered 8. PAT. OFFICE COMPANY, In office of Librarian of Congress, Washington, D. C. Second Class Matter, March 9, 1928. at as U. the Post Office at New York, N. Y„ under the Act of March 8, 1879 NO. 12 NEW YORK, DECEMBER 5, 1940 VOL. 13. Those who believed that although Mr. Willkie Bank Quotation Record and The Bank and Ouotation Record is one of the be companion publication issued monthly. of the Commercial & Financial Chronicle and is ' within the United States Terms for the Chronicle are $18 per annum in South Mexico and Cuba, and $23 in other foreign and U. S. Possessions and Territories; $19.50 Central America. Spain, and be strong enough to defeat in Canada; $21.50 countries. Record is $12.50 the Bank and Quotation The subscription price to Single copies are sold at Postage outside of United States extra. a year. $1.50 per copy. CHICAGO lend to House January, this of will crats Publishers, Spruce Street. New York William Street corner from had net a of Four more years of the New Deal Administration were went the polls on Nov. 5 and shattered a time-honored tradition reelecting Franklin D. Roosevelt to a third term as the last month as a record number of voters to by of President Although Mr. Roosevelt's States. United the Mr. Willkie made plurality of 4,485,043 popular votes over 1916, those wrho had supported the election the closest since particularly the business community from Mr. Willkie, and which he came, noticeably disappointed with the re¬ were perpetuation of the restrictive sults, for to them it meant a legislation under the Roosevelt Administration. Neverthe¬ Mr. Willkie moved to dis¬ less, the defeated mihority led by the presidential cam¬ paign and to replace this feeling with a spirit of unity in the sipate any bitterness engendered by piesent world emergency, a spirit which is considered essen¬ tial if the national defense effort is to move forward unim¬ oath of office at the 26,361,762 people, for this was cordance with the wishes of the popular popular million he vote Roosevelt's Mr. ran a from was more enabled Mr. 38 States with their 449 electoral votes. 449 523 the than a 27,476,673 votes he got in 1936 when which vote, second term against Governor Landon, him to capture Roosevelt's the 21,876,719, the given to a defeated candidate. ever popular than less for the other hand, the on to Mr. Willkie was popular vote accorded largest him; accorded vote also electoral votes electoral votes, 46 or represented a decline States, accorded him in 1936. the lost the more since 3936, but all the support the Presi¬ he also received the support than 4,000,000 new votes which we of cast this year. His 21,876,719 popular votes were considerably more than the 16,679,583 popular votes given to Governor Landon in 1936. Willkie's 82 electoral votes Mr. likewise con¬ were siderably more than the eight electoral votes captured by Governor Landon in 1936. The Republican candidate's 82 electoral votes came from 10 States, eight more than nor Landon carried in North Dakota, South Dakota, Colorado. Iowa, Nebraska, Kansas and President, Henry A. Wallace. Convention in He mas the issue. inauguration new Secretary of Agriculture Roosevelt's specific request Mr." Roosevelt of the new appointed Mexican President, Manuel Avila Camaclio on Dec. 1. Oregon. Minnesota, of reelected this was Senator Minton of year on a Indiana,/assistant was defeated by by the New Dealers to have been made up by the primary defeats of Senators Holt, King and Burke, three Democrats right-wing their of the Now criticism who Deal in been outspoken have who have frequently and opposed New Deal measures. Upon the told large the two crowd which turned results to results of a He subsequently indicated that the election better were that in his out of the prospect of staying here just days ago and little longer." 7 to Washington on Nov. his post-election return President celebrate his reelection that he "was glad of the had anticipated he than by disclosing pre-election forecast of the election he had given himself 340 electoral votes whereas he actually obtained President's the certain to have a strong Willkie phrased future opposition, 449. policies may be, he is "loyal opposition," or a as Mr. on Nov. 11 to the 22,000,000 people who had supported him in the his from should pursue "function it in a radio address he delivered Willkie, who sympathizers spoke to as in what response to they policy in the future, told his supporters that their during the next four years is that of the loyal opposition." Mr. Willkie warned, however, that this oppo¬ "must sition Mr. election. requests be not opposition against—it must be an an opposition for—an opposition for a strong America; a pro-, He outlined the principles for which he ductive America." fought and will fight as follows; do Federal not believe unlimited in Government; the piling , borrowed money by the of bureaucracy; the control of our spending up of machines, however successful; the usurpation of reserved to Congress; the subjugation of the courts; the concen¬ electorate powers by of tration political authority enormous couragement for millions of America citizens. of our democracy can America that the in the hands of the Executive; the dis¬ of economic dependence Nor do we believe in verbal continuance citizens upon Government. On the other hand, we stand for a free America, an created opportunity We and enterprise, of provocations to war. believe that this by is the the enterprise and imagination of its only kind of an America in which the long run exist. That this is the only kind of an offers hope for our youth and expanding life for all our in people. In a previous address accepting bis defeat Willkie had declared that he "to work for the unity and his (Nov. 6), Mr. supporters would of our people, in the com¬ the America, all to the end that government continue plea for and may unity of free men may spread again upon the earth." Mr. Willkie echoed the ballots are In this President Roosevelt's election eve address in which the President said that "after counted the United States of America will still be united." General Congress Defeats Sine Die Adjournment The defeated Republican Resolution Congress terminated the semi-recessed- state it vice-presidential candidate was Senator Charles L. McNary of they obtained by Shipstead Britain, and in insistence upon removal of antagonisms in a nominated by the Democratic National in response to Mr. third-term of which one Senator pletion of our defense effort, in the sending of aid to Great to victory Vice-President-elect as his personal representative to attend the considered was continue place of John N. Garner, who split with the President over Con¬ Vice- economics, Mr. Wallace has been since 1933. exist in the present A close student of New Deal carried with him Roosevelt 162, while the remainder of it The loss of three Democratic seats in the Senate publisher. 1936, these 10 States being Maine, Vermont, Indiana, Michigan, Mr. Gover¬ Part of Republican candidate, Raymond E. Willis, a newspaper We Mr. Willkie not only obtained dent and that fact ticket. Whatever When President Roosevelt takes the to majority leader and New Deal supporter, peded. inaugural ceremonies on Jan. 20 he will be acting in ac¬ 167 FRrmer-Laborite, a; Republican in prospect in meets than they have at present. vacancies which the which the expense of Republican seats, which from the previously EVENTS House The Demo¬ concerned. the gain of four seats, three of which they obtained NOVEMBER—COMMERCIAL AND FINANCIAL was in seats Democrats the virtue OF on In the Senate the Republicans fared better. There they from REVIEW strength sufficient representation in Congress were also mere at was reduced gress. DANA COMPANY, WILLIAM B. 267 nine or gain Drapers' Gardens, E.G. 1 Smith, & Republicans Representatives have came Salle Street. South La OFFICE—208 the disappointed with the election returns, at least in so far as the were OFFICE—Edwards LONDON able which to increase their would not Mr. Roosevelt he would at least in mid-October to carry it over the had adopted election period and MONTHLY REVIEW ft lative agenda not was on too strongly its wish express President's Nov. 18. Although the legislarge, the Administration did not resumed regular sessions by voting 191 to 148 to defeat the resolution to have Congress adjourn sine die. In as they offered Walter-Logan Bill Providing Court Government further manifestation of a Corn, Wheat and Cotton Legislation designed to simplify and speed up the admin¬ quota provisions of the Agricul¬ tural Adjustment Act of 1938 was passed by the House on Nov. 18 and sent to the White House for the President's Review of Rulings Agencies which is designed to curb the various inde¬ 25 on Nov. 26 in a The House approved the bill on April 18. On the day before the Senate approved the legislation (Nov. 25) efforts of the majority leadership;, to have the bill shelved for this session and considered at the next Roosevelt There Civil Service Ramspeck Bill Extending Signs 200,000 Government Workers to to go These Ramspeck Civil Service bill and the Sabath bill to increase penalties for defense sabotage. President Roosevelt signed the Ramspeck measure on Nov. 26 after both houses had approved a conference report. As enacted the measure permits the President to put under the merit system about 200,000 employees of "temporary" Government agencies, if they pass non-competitive examinations. A large portion of such jobs have been the subject of patronage. were two other important measures congressional action last month. only through for final the were Bill Passed Sabath by Senate unanimously approved by the Senate on Nov. 26 and Roosevelt Approves of $1,000,000,000 Authorization—Limitation Insurance Mortgage Increase in FHA Raised to $4,000,000,000 President Roosevelt 011 Nov. 14 apiiroved an increase of principal of mortgages which may be insured by the Federal Housing Administra¬ tor. Acting under Title II of the Housing Act, the President thereby raised the mortgage insurance to the maximum $1,000,000,000 in the outstanding $4,000,000,000 limitation. Jesse H. Mr. Roosevelt acted on the recom¬ mendation of Federal Administrator, who told the President that outstanding mortgage limitation was increased unless Secretary of Commerce and Jones, Loan the settlement was reached on Nov. 26 with the of Department of Labor conciliators. Further a assistance Congress of Industrial Organizations at Atlantic City. At the C. I. O. convention John L. Lewis, although not specifi¬ on Development of Air and Islands Leased from convention had anti-communist resolu¬ tion on the previous day. Those who had expected the election of Mr. Murray to be followed by a resumption of negotiations between the C. I. O. and the A. F. of L. were disappointed when the new C. I. O. President, in accepting the gavel of his office, was reported as declaring that the head C. the I, The Secretary explained that the money President's special defense fund, which Congress authorized him to spend at his discretion, and destroyers. from taken will be used the to provide storehouses, oil storage facilities, ship and plane anchorages and other facilities. Secretary Knox also announced that an agreement has been reached with regard lacks only to location of the base at Trinidad, which London's approval. Pending Bill Amending National Labor Relations Act—Appointment of Dr. Millis to Board One other important measure on the Senate agenda will probably not be considered at the present session. This is the bill amending the National Labor Relations Act in line with recommendations made by the Smith Committee which has been have investigating the Board. A. F. A. tions, the Thomas, Chairman of the Senate Education and Labor, because of the Senate's approving the Walter-Logan bill, with which, he NLRB Senate delay amendments on conflict. L. of F. At the A. join C. I. O. organiza¬ independent groups or remain unions, of L. convention all disputes were resolved to the satisfaction apparently and peacefully of all con¬ who was reelected President, indi¬ William Green, efforts for labor peace would be continued, but that he did not hold out much hope for their success because cated that of Lewis of Mr. retention the Mine Workers and At the A. President of the as United member of the C. I. O. Peace Com¬ a as F. of L. convention's session on Nov. 19 which the President expressed the hope that "an unselfish, a farsighted and patriotic effort be made to bring about a just a message and from President Roosevelt was read in honorable ment." Mr. peace the now divided labor move¬ "peace may not be easy within Roosevelt that said and the intricate problems to achieve involved may not be solve," but he added "when men of honor and good intentions sit down together they can work out a solution which will restore the much-needed harmony either by easy to arrangement." unity or by a sensible working Mr. Green, reply, pledged the support of his organization hi the Government's defense plans and policies and said Mr. in a such a suggestion for a labor peace was coincidental recommendation included in the report of the Federation's Executive Council, for Another factor in these Labor Act amendments was the United the of Decisions presentation to the con¬ Labor preme matters Supreme States NLRB in dominated also Court—Ruling Against Republic Steel Co. Case the decisions of the Su¬ In one decision, which was con¬ significant because it represented one of the few the NLRB has suffered before the court, the Board Court last month. sidered defeats Republic Steel Corp. to paid to strikers. The six-to-two decision, which was handed down on Nov. 12, held that the imposition of such a penalty was beyond the authority of Hie Board to command. The majority ruling said that the powers of the Board were remedial in assur¬ ing collective bargaining and correcting unfair labor prac¬ tices, but not punitive, because Congress had bestowed no such power. The case arose when the Board ordered the reinstatement of 5,000 Republic employees who participated was denied permission to force the relief agencies for wages reimburse work "little steel" strike. the 1937 in States United Supreme Court Upholds A. F. of L. Closed In another decision upheld rendered the . non-union. Committee said, . . right to make their own decision to was in right to use "Govern¬ to force a shotgun agreement with the F. of L." because the Wagner Act insures for workers the ment pressure The amendments, which already been approved by the House, were thought to action after the 22 Nov. on Roosevelt Administration has no legal be unnecessary by Senator on O. vention. Great Britain Secretary of the Navy Frank Knox disclosed on Nov. 27 President Roosevelt has allotted $50,000,000 for de¬ velopment of air and naval bases on the eight sites recently leased from Great Britain in exchange for 50 over-age Amer¬ ican Lewis, was elected to retiring Mr. the with coincide less that is of that cally saying so, stepped down from the presidency organization in keeping with a promise he made if Mr..Will-, kie were not elected. 'Philip Murray, whose views more or with Allots $50,000,000 for O. and C. /. During the month the convention of the American Fed¬ eration of Labor was held at. New Orleans and that of the Roosevelt's Roosevelt of L. F. Annual Conventions of A. to $3,000,000,000, the Housing Administration would have cease its operations about Dec. 1. Naval Bases to this below. reference is made from President Communist by Attorney General Jackson that the strike was inspired, mittee. sent to the White House. President in the national defense program. use cerned. The Sabath bill, which amends a 1918 law by imposing a $10,000 fine and 10 years' imprisonment for sabotage in national defense industries or against defense materials, was company's work on production of training planes for Following allegations up the accepted his terms by approving an three, one of whom must be a lawyer. President plant in Downey, Calif., which tied the Vultee Aircraft at , 21. The adminis¬ trative agencies which would be chiefly affected by the bill, it is said, would be the National Labor Relations Board, the Securities and Exchange Commission, the Federal Com¬ munications Commission, and the Bituminous Coal Commis¬ sion. Exemption of many agencies is provided in the legis¬ lation. In the event that the House disagrees to the Senate amendments the bill will be sent to conference. As amended by the Senate, the bill provides for the publication of all administrative rulings before they can become effective, and gives interested persons the right to request a hearing on these rulings within a year after their publication. These hearings would be conducted by an intra-agency board of defeated by a vote of 34 to on Strike at Vultee Aircraft Plant move. were Senate the Meanwhile, other labor developments were attracting at¬ tention. One of these developments was the 12-day strike adopted by the Senate by a vote of 27 to session passed which measure, 12, and is an amendment to the 1938 Farm Act, is expected to expedite the determination of farm normal yields of corn, wheat and cotton. Sept. pendent administrative agencies of the Government by sub¬ jecting their rules and regulations to judicial review, was surprise This signature. congressional independence, approved the House-approved Walter-Logan bill which is so onerous to the Administration in its present form that President Roosevelt is fully expected to veto it. the Senate This measure, of Farm Normal Yields for to Expedite Determination istration of the marketing of As the administration of the Labor Act. Legislation Christmas. Senate Passes of Millis A. by the Senate on Nov. 26, is expected to do much to correct the faults which have developed in connection with the much as the Senate cannot adjourn for more than three days without the approyal of the House of Representatives, this was taken to indicate a continuance of the present session at least until Harry Dr. of Chicago to succeed J. Warren Madden on Dr. Millis, whose appointment was confirmed NLRB. the On for Congress to adjourn. rough-shod over its majority leaders Nov. 19 the House rode appointment of University on the sustained a Order Voiding day (Nov. 12), the Board same by the court ivhen which NLRB Shop Contract a unanimous Board order opinion was invalidating a F. of L. union and an Indiana corporation in which the United Automobile Work¬ closed shop contract ers (C. I. O.) between claimed a an A. majority of all plant employees. "assisted" had through unfair labor practices. the that ■United States company the Violation Is Involved—Precedence Federal the that held decision, handed down labor another -court no injunctions Norris-LaGuardia Andreu precedence returning Sherman Anti-Trust Act, which the over States consider refused to States Supreme Court appeal from a ruling of the Georgia Supreme an provisions of the State's The appeal was sought by the Georgia Unemployment Compensation Bureau which, it is stated, had asked the High Court to decide whether two or more companies under the same ownership or control could be lumped together and assessed for unemployment compensation if together they employ eight or more persons. According to the Atlanta "Constitution," it is estimated $750,000 in unemployment compensation taxes will be re¬ funded to Georgia employers falling within the "common unconstitutional holding Court, unemployment compensation law. control" provision of the unemployment compensation law which, in effect, was held unconstitutional under the ruling of the United States Supreme Court. J. E. B. Stewart, Director of the State Unemployment Compensation Bureau, who was thus quoted, said that the effect of the United States Supreme Court decision was to uphold the State Supreme Court, but he pointed out the administration of unemployment compensation programs in 32 other States also affected. be would - in Owned by Securities Selling Agent that Holding Boston, garian Minister to United States, John Pelenyi, Also Resigns to resignation from that post to President Roosevelt on Nov. 28. Mr. Cudahy submitted his resignation orally at a conference with the President, Nov. 28, and it is stated it was accepted, effective immediately. Mr. Cudahy indicated that he would Ambassador American became who Cudahy, Belgium in January of this year, tendered his resignation formally in writing. his offer Pelenyi, Hungarian Minister to the United States, announced on Nov. 28 that lie has resigned from that post John A. resignation has been accepted by his Government. his and Kirk C. Appointed Charge d'Affairs of Embassy at Rome—A. W. Transferred from Berlin to Rome as Attache Horn States Embassy at Berlin, United the of Kirk, former Charge d'Af¬ has been that Alexander C. Disclosure faires appointed Charge d'Affaires of the American Embassy at Rome with the rank of Minister, was made by Mr. Kirk on Nov. 26 as he boarded the Atlantic Clipper at LaGuardia Field in New York en route to Rome to assume his new post. Albert W. Horn, formerly an attache at the American Embassy at Berlin, who has been transferred to the Embassy at Rome to Accompanying Mr. Kirk aboard the clipper was in serve Court Denies Appeal from Court of Appeals United States Supreme voluntary to Belgium—Hun¬ Cudahy Resigns as American Ambassador John Compensation Law United 25 the Nov. Appeal from Consider to Supreme Court Holding Invalid Provision of State's Unemployment On Declines Court Supreme of Georgia City after a four months' Mexico to been elected Nov. 26 upon exile. John Decision had he interstate commerce. bars actions restraining United claimed had who Almazan, President of Mexico, abandoned this claim on junctions in labor disputes except in certain circumstances, took being suc¬ by General Camacho. President Roosevelt named Mr. Wallace as his representative on Nov. 12. General Juan ceeded which bars courts from issuing in¬ Act, who other the credentials to President Lazaro Cardenas, who is restraining picketing in labor disputes merely because alleged violations of anti-trust laws are involved. The unanimous decision ruled in effect that the issue in Mexico City on Nov. 28, went special envoys for a group presentation of arrived Wallace, with Nov. 18, the authority to on have courts Presidential Inauguration Vice-President-elect, on Nov. 29 pre¬ sented his credential^ in Mexico City as special Ambassador to the inauguration of General Manual Avila Camacho as President of Mexico, which took place on Dec. 1. Mr. Henry A. Wallace, Guardia Act La Wallace Presents Credentials as Special Envoy to Mexican Court Holds Picketing Injunction Illegal of Norris- Supreme Even if Anti-Trust In Vice-President-elect the Board Federation Abrogation of the contract was ordered because found 3 MONTHLY REVIEW Dec., 1940] a a Mr. Kirk said on Nov. 26 that similar capacity. third member of the Berlin staff, Philip Fahrenholz, will join them in Rome. Others Is Liable Under Securities Act Luxemburg Minister President Roosevelt Receives New Supreme Court on Nov. 25 denied an States United The Aug. 16 by the United States Court of Appeals in Boston which ruled that an agent sell¬ ing securities owned by others is liable for misrepresenta¬ appeal from Other were in residents which bar of A triple facturers seeks Government therefore is The Houston, Tex tion but his "in he aside agreement by an Chicago sought to Sherman 18 from Anti-Trust within meaning the tire manu¬ Act. the of Act The 25 of otherwise qualified the laws enacted under it, jury service from basic concepts of a democratic society and a repre¬ It is been had stated denied that the Negro, constitutional "systematically excluded" Edgar Smith, had rights because members County juries. from Harris public justice that the jury be use of juries as instru¬ body truly representative of the a Relations Act Held by State Supreme Court Valid in So Far Wisconsin The Supreme Court, at Act in a Employees Employment Restaurant and with affiliated court It Does Not Impair Right of Speech Madison, on Nov. 8 to a particular phase the constitutionality of the as Wisconsin Hotel as American the that ruled case Act is valid in the instituted by the Union of Milwaukee, Federation of Labor. The so far it does not as impair the constitutional right of free speech/ President Roosevelt Nominates Rear Admiral Leahy York by Presi¬ dent Roosevelt on Nov. 26. Mr. White is at present diplo¬ matic and Consul General at Tangier, Morocco. Dr. J. J. Soler Arrives to France, Succeeding W. lardo Designated as Ambassador C. Bullitt, Resigned—Dr. J. M. Gal- Roosevelt Rico, Naval of on Nov. 26 Operations Ambassador as sent to Senate the and France, to to Governor retired for¬ of Puerto William succeed the C. Bullitt, who, it was announced on Nov. 14, had tendered his Uruguay and planned to go to Washington the tions to States, Count Potocki, Polish appointment on Nov. 29. Rico Mr. on Nov. 28 for New Bullitt's effective on resignation the Senate confirmed the Admiral Leahy sailed from Puerto York as on his way to Washington. Ambassador to France became Governor of Puerto Rico to succeed Admiral Gallardo. at San Jerzy Count who is German, Puerto Rice a native Puerto Itican, has been since 1937. Polish Potocki, Ambassador to the United States, has submitted his resignation to the Polish in exile in Washington in ficials London, it was disclosed Nov. on Govern¬ by Embassy of¬ Although Poland was 11. partitioned under a German-Russian agreement signed in September, 1939, the United States refused to recognize the agreement and has continued to recognize Count Potocki as its Ambassador in Washington. The resignation of Count Potocki, who has held this post for about four and one-half years, is expected to take effect Dec. 15. Jan Ciechanowski, Under-Secretary of Foreign Affairs for the Polish Govern¬ at London, has been named Count Potocki's as suc¬ $ cessor. Ambassador to United States Admiral Nomura Appointed Japanese nese Kichisaburo Nomura Ambassador to the United has been appointed Japa¬ States, succeeding Kensuke Horinouclii, it was announced in Tokio on Nov. 26. tary Secre¬ of State Cordell Hull has formally notified Japan that appointment is acceptable. the Senator George Relations The Senate Democrat of Georgia on Late of Sentate Senator Foreign Pittman Nov. 25 elected Senator Walter F. George, Georgia, of Elected Chairman Committee—Succeeds as Chairman of the Committee on Foreign Relations, to fill the vacancy caused by the death on Nov. 10 of Senator Key Pittman of Nevada. Senator George was the unanimous choice of the Senate Democratic Steering Committee wThen it met on Nov. 23 for the purpose Nov. 26 On Nov. 27 the President designated Jose Miguel as Ambassador to United States, Resigns—Jan Ciechanowski to Succeed Him the Leahy on Nov. 27 and Admiral following day. Upon his arrival in New York Dr. Soler said that he was here to promote cordiality between Paraguay and the United President. The Senate Foreign Rela¬ Committee unanimously approved the nomination of resignation newly-appointed Minister from Para¬ Soler, Governor of Puerto Rico to Succeed Admiral nomination of Rear Admiral William D. Leahy, Chief J. Juan to the United States, arrived in New York from South America on Nov. 26 aboard the American Republics liner Leany mer Minister as guay Admiral President United States to Assume Post in from Paraguay ment as Minister to Haiti Minister to Haiti was sumbitted to the Senate as ment Wisconsin Employment as White of New Campbell John of nomination The unanimous decision of the court, asserted the Roosevelt White Nominated by President J. C. and community." upheld ex¬ pressed the desire of the American people to see the country Dr. Nov. part of the established tradition in to Be been who has d'Affaires of the Grand Duchy, the President which held that lower court decision damages. on the exclusion our been had is of ments the to $1,053,474 the a "person" Black, who delivered the "it of Supreme review to the Government's suit a to of reversed a setting with that race Justice that not government " contended of valid Side South Illinois the the conviction of a Negro of sentenced to life imprisonment, ruled that racial discrimina¬ , war sentative held only violates our Constitution and not at violations entitled in resulting is amounting have to is not court, groups overruling the on 12 granting Nov. on damages alleged for Government the subdivision a 12 the lower court had which issued ruling obtain Nov. on from living there. Negroes to down handed decision Court's In accepting Luxemburg. Le Gallais, Mr. credence of regain full independence.' follows: as decision A rulings of letters the Nov. 8 the credentials of on Hugues Le Gallais as Minister of Charge decisions and Court Supreme important received President Roosevelt on Securities Act of 1933. the under tion decision a Commissioner Gallardo Leahy. Dr. having been born of Education in Mr. George was second in the 23-member committee, being outranked in length of service by Senator Pat Harri¬ son of Mississippi. However, since Senator Harrison holds the chairmanship of the Finance Committee, which he prdof selecting line among a new the Chairman. Democrats on $> MONTHLY REVIEW Mr. George was elevated according to ferred to keep, Senate H. Dr. strike The ment. Oath Takes Millis A. Chairman of NLRB—Resignations as from Board Chairman of the National Labor Relations Board, giving the Board its first full membership of three since the ex¬ as of the term of Chairman J. Warren piration Madden on Aug. 27. The nomination of Dr. Millis, which was sent to the Senate by President Roosevelt on Nov. 15, was approved debate on Nov. 26, reported by the Senate Labor by that body unanimously and without it after hours was Only six members of the committee were pres¬ Committee. Chairman Elbert ent When the nomination was acted upon, reporting it on the baste of a poll of absentees, it is stated. Following the nomination by Presi D. Thomas favorably announced on Nov. 15 have resigned, viz.: Nathan Witt, Secretary of the Board; Alexander B. Hawes, chief administrative examiner, and Thomas I. Emerson, of Dr. Millis, it was dent Roosevelt that three of the officials of the Board Vultee Aircraft Strike Ends with Agreement to Pay Higher Wages General Jackson Holds Communists Attorney The strike at the Vultee Aircraft Responsible Co.'s plant at Downey, it started. The agreement ending the dispute provides wage increases for the company's 5,200 employees aggregating $1,400,000 a year. Calif., was settled Nov. 26, 12 days after was of the strike, Prio_r to the conclusion the job. on force of the company's normal 27 about 80% On Nov. Attorney General Robert H. Jackson is said to have declared that the Federal Bureau of Investigation had uncovered information that Communist indicating influence was re¬ But this was denied by a union spokesman, who declared that "the strike was caused by low wages and not by communism or any other ism." sponsible for the strike. drivers that of truck strike exhibits World's Fair Strike Settled York New demolition and Fair since Oct. 29 tion was work settled at on had halted removal of the York New leaders World's Nov. 7, through the media¬ representatives of the Park Department and and the Fair Corp. at City Hall, New York. Thomas A. Murray, President of the Central Trades and Construction Council and representative of the American Federation of Labor unions involved in the dispute, an¬ nounced after the meeting that Midland, Pa., Ended—Halcomb Pa., plant of the Crucible after the strikers had voted approximately 52% to 48% in favor of resuming work pend¬ ing conferences with the company regarding their griev¬ ances. The 4,500 men made idle since Nov. 12 are all mem¬ bers of the Congress of Industrial Organizations Steel Work¬ ers' Organizing Committee. Work was resumed on Nov. 16. Employees of the Halcornb plant of the Crucible Steel Co., located at Syracuse, N. Y., returned to work on Nov. 22 after settlement of a strike that lasted for three days tying strike The at Midland, the Steel Co. was ended on Nov. 15 up operations on national defense orders. The full comple¬ of 1,100 men on the day force was at work, while ment Union officials prepared to meet a Steel Workers' company grievance committee whose demands precipitated the walk¬ out on Nov. 19. A total of 2,300 workers was affected. said plant production, which included resumed "without a hitch." Union sought adjustment of a "stagger" work and restoration of a pay differential between laborers officials Company orders, was members said they week Strike $ workers. skilled and the Aluminum at at New Kensingm Settled ton, Pa., Workers at Plant America of Co. New the Aluminum Co. of America plant at members of the Congress of Industrial Organizations, voted on Nov. 28 to end a week-long strike which stopped work on several big national defense orders and made 7,500 men temporarily idle. The strikers returned to work on Nov. 29. Under the agreement a $27-a-week Pa., Kensington, by the union for causing the walkout be¬ a committeeman attempting to collect blamed worker he threatened cause $12 in back dues, will be transferred to the Logans Ferry, Pa., plant of the company. Ralph M. Ferry, superintendent the plant, said: "This solution is of the type we have been urging right along and is quite satisfactory." In addition to halting production on several million dollars' of Mayor F. H. LaGuardia at a conference of union of and their jobs for a month. Settle Dispute Plant Employees defense associate general counsel. The than 12,000 employees, more Strike at Crucible Steel Co. Plant at 4 A. Millis, Professor Emeritus of Economics of the University of Chicago, on Nov. 27 took the oath of office again kept building trades workers, away from Dr. Harry several had including warehousemen, truck drivers, bakery workers custom., the trucks would begin roll¬ of orders, worth the workers lost wages estimated by the $250,000 during the shutdown. Philip Murray, newly-elected C. I. O. President, helped settle the contro¬ versy. He conferred for several hours on Nov. 27 with Nick A. Zonarich, President of the Aluminum Workers company at after which conference an agreement to Union, strike Aeronautical Brewster settle the reached. was Corp., Long Island City, N. at Y., Union Nov. 8. Ail 1,200 workmen affected by the strike, including plumbers, carpenters, wreckers, iron workers and electricians, who struck in sympathy with the truckmen, would be back at their jobs on Nov. 8 also, announced Mr. and Murray. likely to disrupt production of more than 500 navy fighting ing Pickets ^vere recalled from the main entrances of the Fair Nov. 7. on LaGuardia Painters' Union Awarded Pay Rise by Mayor About 12,000 union painters in Manhattan, the Staten Island received the terms of based an the report on wage The award referee Council 9 after settlement who the Mayor appointed strike called by of the Brotherhood of-the was by Louis S. Posner, former member of State Mortgage Commission, the Bronx and increase of 10c. an hour under arbitration award handed down on Nov. 9 a by Mayor LaGuardia of New York City. as Dispute Settled on of District Painters, Decorators and Paperhanders, American Federation of Labor, against the Association of Master Paintdrs and Decorators. was ended on The strike Sept. 27, but when the painters returned to work after a one-month strike representatives of the em¬ ployers and the union promised the Mayor that they would abide by the arbitration award. Strike at Fort Dix, N. J., Settled national defense project at Fort Dix, N. J., was the on representatives of the dissenting Department unions, of Labor representatives, Army authorities and officials of the contracting and called 8 Nov. subcontracting The firms. strike was Local 369, Hod Carriers and Laborers Union of Trenton, N. J., because apprentices of Local 1489, Carpenters and Joiners Union, were doing laborers' work by in loading and unloading lumber, according to Michael Neylon, business agent for the laborers. It is stated that no concessions strike. tions were granted the laborers in settlement of the David P. Appell, Vice-President in charge of opera¬ for the George A. Fuller Co., contractors for the project, said that "an amicable adjustment tween the brought union delegates pressure to bear themselves upon them was after for a our made be¬ company disrupting our building program." American the Organizations, Industrial of gidney Hillman, Advisory Commission. Defense drivers truck three around tered by arranged meeting National which seemed member of The dispute employed at the cen¬ Long the would have affected a plant in Newark, N. J., where two other drivers were involved. The United Automobile Workers, Local 365, which has a Island City plant, and contract, demanded that the drivers join their union. Two locals of the A. F. of L. International Brotherhood of Team¬ sters, 807, in New York City and 478 in Newark, N. J., both Under the terms of the agreement, demanded the drivers. selection of bargaining agency for the truck drivers will a be left to the National Labor Relations to were return to Board, all employees work, three teamsters laid off were to be rehired, and to receive pay for the week they were out if Board awards jurisdiction Teamsters the to to accept the Board's decision. Both sides agreed ended on Nov. 11, after more than five hours of negotiations between with planes in plants of the Brewster Aeronautical Corp., was adjusted on Nov. 8 at the regional office of the National Labor Relations Board, 120 Wall Street, New York City, at the The four-day jurisdictional strike of 700 laborers affiliated Congress controversy between rival Federation of Labor jurisdictional week-old A unions Defense and Foreign American Union. • Policy Preparations for the military defense of the United States against any external aggression that may develop in these difficult times which is was inextricably revealed official pushed rapidly in November, especially over. The conduct of foreign policy, were after the election no intertwined departures with what from defense problems, now has become the policy of aiding within limits short of actual par¬ ticipation those countries which are subject to aggressive In attacks. some aid the respects to the defenders was heightened, but the great question toward the end of No¬ vember was extended. China was sponse in whether more assistance should not be Great Britain, Greece and to made clear by all those countries, and the re¬ the United The election thetic. still The need for aid States made generally little was most sympa¬ difference in this connec¬ tion, as both candidates were pledged to the fullest possible war. Some students of foreign Chain Store Clerks in Pennsylvania End Strike with Wage Increases aid to Great Britain short of Settlement of the strike begun four weeks previously by 2,100 meat cutters and prolonged by 7,000 clerks, resulted in the reopening on Nov. 12 of about 1,500 Atlantic & Pacific, American, and Food Fair stores, operating in eastern Penn¬ policy continued loint draw to warn, however, that there may be a beyond which our active aid to Great Britain yvill the sylvania, southern gloomy of Britain New Jersey and Delaware. By a vote 2,211 to 1,555 the clerks accepted a compromise settlement of their own demands, whereas'the" meat cutters ended their part of the strike two weeks before with a separate agree¬ United wishes of the without States into conflict, view was expressed in other possibly will be unable to win full regardless of Administration, Congress and the people. military participation While these and other matters were by circles an that the The Great outright victory the United States. under national debate Roosevelt President moved caution in with commendable foreign affairs. Foreign reactions to the election outcome in the States were in themselves of considerable interest. was little official comment, of course, and China it tries was united There but in Great Britain made abundantly clear that both coun¬ Germany, profoundly satisfied with the result. were Italy and Japan, on the other hand, viewed the electoral trend here with some alarm, owing to an alleged drift participation which those countries affect to observe. In all the countries now at war it was conceded in advance that the balloting would not change American full toward policies, since President Roosevelt and Mr. Willkie both were pledged to support the nations attacked. The British press took the view that England could not "lose" the elec¬ tion, owing to this circumstance. It was feared, on the other hand, that a change of Administration might produce some uncertainty in aid during the few months between the election and the induction of the new President. French spokesmen adopted a strictly correct and aloof stand toward In Latin America the outcome was viewed the election here. prelude to still greater inter-American cooperation the as and solidarity. Conscription began to go into practical effect in the latter half of November, as the first contingents of drafted soldiers for military training in peace-time. As the first soldiers selected began to prepare for military life, President Roosevelt and his associatets took some steps to moved to increase Britain. camps the necessary for assistance The President announced embattled Nov. 8 on a Great rule-of-thumb whereiinder American production of military airplanes will be shared with Great Britain 50-50 basis. followed on 20 Nov. General George C. on a This was by the announcement, made through Marshall, Army Chief of Staff, that 26 huge bombers somewhat similar to the "flying fortresses" are to be turned over to England under the rule-of-thumb. It also was made known at the same time that our second- best bomb sight will be released to Great Britain. German Intensive bombing of the industrial Midlands occasioned demand for still more a Nov. 22 by asserting that such aid is at its peak, for the moment. The problem, he pointed out, is the physical one of produc¬ Until airplanes and other war materials roll off the American assembly lines more rapidly than now is possible, the Presi¬ dent added, the country will scarcely be able to increase the rule-of-thumb allotment to Great Britain of 50% of airplane output. But it appears that the United States Government found other ways for aiding Great Britain in November. At the tion, and not a mere matter of passing a law or two. it became known that the United States Navy had assumed the patrol of the French island of Mar¬ tinique, in the West Indies, obviously in order to release for service had elsewhere cruised the off the British island. warships which This occasioned previously some uncer¬ tainty in the Vichy regime of France, for the French air¬ craft carrier Beam is at the island, with something like 100 American airplanes aboard. The British naval patrol obviously was to prevent the airplanes from falling into German hands, through any dash by the ship for European Some diplomatic correspondence took place be¬ tween the Washington and Vichy Governments, after the waters. patrol was taken over by American destroyers, but tefcts were not made public. It was indicated, however, that the Vichy authorities had extended emphatic assurances that no threat of any transfer of sovereignty of $50,000,000 Export-Import Bank shipments of metals in The This coming years. move was Martinique or other French possessions existed. The Martinique incident thereafter was minimized by the State Department Another and even more significant incident along the line was reported from the Mexican port of Tampico, beginning Nov. 17. On that day four German merchant same generally regarded as a coun¬ Japanese aggression in the Far East. It came when Japan was reported to be increasing its demands upon the French regime in Indo-China, and when Thailand (Siamese) forces were making inroads upon French Indo-China. This southward trend of Japanese ter stroke to at moment a brought into new prominence the question of Singapore and the great chain of Netherlands East Indies aggression The Far East entered into the problem of Amer¬ islands. ican foreign affairs in another sense on that day told of the Nov. 9, for reports sinking of the American ship City of Rayville, 5,883 tons, off Australia, apparently as a conse¬ quence of striking a mine. This ship was the first under American registry lost in the course of the war, and the incident revived reports that a German raider was operatr ing in Australian waters. Several diplomatic moves were made in November which were regarded as little more than routine, in the given cir¬ President Roosevelt issued cumstances. a proclamation on of war exists, between Greece and Italy, and applying our neutrality laws to those warring nations. In effect, this brought Greece into the operational sphere of the neutrality laws, for Italy already had been placed there. Late in November, Greek authorities were said to be exhorting the United States to send aid, and the appeals were said to be receiving sympathetic consideration in Washington. There were continual rumors from, Wash¬ ington that more American warships might be transferred to Great Britain, but these possibly were political trial balloons, for no action was announced., American financial aid to Great Britain also received study, especially after the British Ambassador, Lord Lothian, stated on Nov, 2$ that Great Britain will reach the end of her United States dollar resources in 1941 and will need financial help. It was indicated subsequently by Lord Lothian that, he did not carry this appeal to the White House, and the Adminis¬ tration took no official cognizance of the problem. * ; * Nov. 15 holding that a state help to England, and Mr. Roosevelt answered the questions of press correspondents on start of the month fund. stabilization advance is to be covered by Chinese the difficult sphere of ' 5 KEVIEW Dec., 1940] The In Americas -■ several important respects good progress was made during November toward the defense of the Americas as a whole, and toward the improvement of United States rela¬ tions made with in American British between reached the Latin Washington, Nov. exact location of countries. Announcement was 18, that agreement had been and American authorities as to virtually all the bases obtained on this side of the Atlantic from Great Britain in consequence of the trade of 50 over-age destroyers for the base sites. Only the position determined, it was of the base at Trinidad remains to be made known. Subsequent moves made it clear that no time will be lost in the construction of naval and airplane ber bases at the points selected. Late in Novem¬ reports indicated that British warships will be the right to use the bases to be constructed, but some. granted clarification of this point is not complete. The Good Neighbor policy of the United States Govern¬ ment with respect to Latin America was implemented in several ways. Vice-President-elect Wallace was named by Mr. Roosevelt to attend the inaugural at Mexico City, on Dec. 1, of the newly-elected President of Mexico, Manuel The inaugural was effected with the usual trappings, but some Mexicans who did not favor Senor Avila Camacho. Avila Camacho Mexico new to booed Mr. Wallace upon his arrival in City. American soliarity was emphasized by the Mexican (President in his inaugural address. Farther the south a good deal of controversy was aroused by military bases are to be made available in Uruguay to all the naval and air forces of all the American republics. Argentine sensibilities were aroused, in particu¬ lar, for the old fear of the Colossus of the North has not reports that been fully_ dispelled. It was pointed out in some circles ships sailed from Tampico, fully laden with wares that may that the United States is the only country with distant consumption in the Reich, but that forces of a nature that might find the new bases useful, quite possibly might have reached German raiders operatingand the State Department endeavored to allay any sus¬ on the high seas. As the vessels moved out of Tampico they picions by stating that no request for exclusive use of the were signaled by a group of warships which actually were proposed bases had been made by Washington. The discus¬ American destroyers, but which the German captains appar¬ sion as to the bases continued throughout November. ently mistook for British ships. One of the German vessels Much interest was occasioned, meanwhile, by the arrival promptly was scuttled, while the others hastened back to in Washington on Nov. 13 of an Argentine trade and finan¬ Tampico. The Mexican Government expressed concern as cial mission. It was at first thought that the Argentine to whether American warships had violated Mexican terri¬ visitors aimed at the negotiation of a loan of $100,000,000 torial waters, but it was established to the satisfaction of from the Export-Import Bank, under the authority granted Washington and Mexico City that no such violation had that bank to extend up to $500,000,000 loans to Latin Amer¬ occurred. The American destroyers on Nov. 19 signaled two ica. But the course of the conversations, as indicated in ships of Mexican and Honduran registry, but thereafter no rumors, suggested rather that Argentina looked to farrepetitions were reported. Late in November two of the reaching economic accords with the United States, rather German ships at Tampico made a dash for the sea and suc¬ than merely to fresh loans. The discussions still were in ceeded in moving away. Some Italian ships in the port also progress at the end of November. Also in Washington seemed to be making ready for a voyage. throughout November was a Cuban mission, with the an¬ One important step in foreign policy was announced at nounced purpose of obtaining a loan of $50,000,000 from Washington on Nov. 30, in the form of a further monetary the Export-Import Bank. This group appeared to make advance to the Nationalist Government of China, headed by little progress toward the huge advance, which is intended Generalissimo Chiang Kai-shek. This move followed an partly to cover a Cuban deficit and partly to provide funds "agreement" between Tokio and its puppet regime at Nan¬ for public works construction. king, headed by Wang Ching-wei. The White House an¬ nounced that $100,000,000 of fresh credits would be ex¬ Mediterranean War have been intended for tended to China, half the sum to be made available by the Export-Import Bank and the other half by the American \ In the ments in highly important Mediterranean November took on new area war develop¬ aspects that favored the MONTHLY EEYIEW 6 of Greece and Great cause Britain to a heartening degree. turning point was provided by the Italian decision of Oct. 28 to start an unprovoked attack against Greece. After The a minor successes, the course of the few initial and conflict in favor of the of their liberties, and against tlie Italians. In defenders Italy turned sharply and Greece between place of the prompt invasion of Greece that lini obviously expected, on the basis of the their" of This preparations. inadequate own in change the Mediterranean began to take important new aspects of the Greek Government endeavored to restrain the enthusiasm of its own people by pointing on several occasions to the great forces with Italy can mobilize. The Europe. in war Appeals were made for British and American aid, and in the case of the London Government ample and effective help was forthcoming. The question promptly raised whether Germany would come to the rescue of promptly was the Italians, by attacking Greece from the East, as an after¬ math of a series of treaties made with Hungary, Rumania But Slovakia. and Italians stated clearly that they the expected no help from Germany, and the Balkan negotia¬ tions lapsed at a point short of a continuous military route for the German forces through the Balkans directly to the Greek frontier. Some Berlin reports made it clear that authorities Reich attack upon on were none too pleased with the Italian Premier Mussolini broke a long silence Greece. IS, by a speech in Rome in which he asserted resistance will be "annihilated," whether in Nov. Greek months He endeavored 12. in or that two to cover up the Greek gained by the RomeIt is doubtful, however, whether even the Italian people were deluded by references to battles which German forces won. Italian fortunes of war dropped to a new low in the latter half of November, owing to British maneuvers which re¬ sulted in the destruction or damage of a sizable part of the Italian Navy. British aerial attacks against Italy were made more easily possible by the entry of Greece into the war, however unwillingly. ^ British forces promptly estab¬ lished a base of operations upon the island of Crete, and apparently operated from that point against Italian naval bases. It was indicated on Nov. 12 that an important and highly successful attack had been made by British torpedocarrying airplanes against the Italian naval base at Taranto, and the Italians admitted serious damage to one large vessel incident pointing by Berlin Axis since to "victories" Italy entered the war on June 10. in their initial official statement. informed Churchill Nov. the British Prime Minister Winston House of Commons, on 13, that airplane reconnoisance had established that battleship of the Littorio class (35,000 tons) was Italian one Egypt between British and Italian staiemate throughout November. the bow with her forecastle under water, while another of the Cavour class (23,622 tons) had been beached. In the inner harbor two cruisers were reported badly down by listing, and two auxiliary vessels were said to be damaged with their sterns under water. The Italians scoffed at the but it appeared that they hastily withdrew their naval forces from Taranto, after which the British British report, again observed important vessels still there, reputedly be¬ forces was at a complete of Britain Battle of Britain Germany in November. The events were not decisive, they began to take on aspects that might in the long run Titanic aerial bombings and a deadly phase of the war marked the great struggle between Great blockade and but the determine the of outcome from'day conflict, and reports were with anxious interest. Immense destruction was wrought by both sides upon the industrial establishment of the other, while German submarine and aerial attacks against British shipping brought open con¬ fessions in official British circles that the situation might become acute. This brought up in more immediate fashion scanned to day question of American aid to Great the Britain, which Lord Lothian, the British Ambassador to Washington, suggested on Nov. 23 should also take financial forms. England, Lord his return from a brief stay in London, financial help from America, but also Lothian said upon needs only not for the tough year ahead." "planes, munitions and ships scene place early in November, soon after the Italian attack began. It was still in rapid progress at the end of the month, and naturally brought in its train naturally must be considered in this connection, especially in the light of tlie fact that British airplanes proved so effective at Taranto against the Italian fleet. The war in Premier Musso¬ vast numerical and material superiority of his forces, Greece turned the tables and not only chased the Italians back to their Al¬ banian lines, but dislodged them from their own fortifica¬ tions and effected advances deep into Albania. At times the retreat of the Italians resembled a rout, and great masses of Italian munitions and other war materials fell into the hands of the Greeks. Particularly significant was the fall of the Italian base of Koritza to the valiant "Evzones," who wear a picturesque type of kilt and who are justly famed for their fighting qualities. Other bases also fell to the Greeks, and even such Italian supply bases as Port Edda, named after the daughter of Premier Mussolini, began to be threatened. A lightning change of the Italian high command in Albania failed to stem the Greek advance, which the Italians attempted to excuse on the alleged ground But Italian aerial strength supply ships, it was reported. No explanation of the British financial position was vouchsafed by Lord Lothian, but it was recalled in financial circles here in New York that Great Britain began the war with $4,000,000,000 of gold, American securities and direct here. It was assumed that commitments on armaments contracts have made necessary the earmarking about investments by London of most of the British dollar resources. In the first half of November the great German aerial fleets continued other the attacks British centers, Liverpool and London, upon much in the fashion inaugurated on Sept. 9 when the effort to destroy Great Britain from the began. Night bombings were favored, and only occa¬ air sional day-time sortees attempted were by the Germans, invariably were driven back in such daylight attacks who by the British Spitfire and Hurricane fighters. The British bombers attacked, in nightly raids, many of the large Ger¬ industrial estbalishments in the Ruhr and tlie Rhine- man, were made on many occasions to the works in eastern Germany which obviously are vital for continuance of the conflict for the Germans. The British bombers ranged daily over the French, Belgian and Netherlands "invasion ports," where the Reich forces have concentrated barges and other vessels for a possible while flights land, oil synthetic attack in to land by Even England. troops on distant points Norway were attacked, and periodical visits were paid the German submarine and other bases in French terri¬ It is hardly to be doubted that a good deal of destruc¬ by both sides upon the ports and industrial tory. tion was visited cities of the respective adversaries, in these maneuvers. British attacks from the air were intensified in the latter but the Germans also increased the fury half of November, Great squadrons of British bomber planes of their assaults. soared over the Reich dropping bombs after night, night starting fires which were visible to the British fliers for scores of miles. But on Nov. 15 the Germans began to and outdo the British in this form of destructiveness. That day bombings, directed against the single British industrial cities. Cov¬ entry was the first victim, and after German bombers sailed over the Midlands city at intervals of only a few minutes, much of Coventry was in ruins. The fine old cathedral was destroyed, and rubble filled the streets. The airplane plants witnessed the start of newly intensified all-night and other and suffered industries residential war sections of less than the business Coventry, according to London reports, but it was admitted that some halt also had been occasioned in the war output at Coventry. Birmingham was next in line for the furious German attack from the air, and heavy bombings were reported on that Midlands city, which is far larger than Coventry. Liverpool and Bristol were bombed the in Southampton again was a target for The systematic destruction continued turn, and German airmen. and effective methods were found in Eng¬ the night raiders than the Germans found no more cause-they could not be moved. This attack against Italian naval forces was reported in apace, reduced Italian strength markedly, and done the Italian Navy in an engagement between British and Italian ships off Sardinia, to combat their British foes. England to have further important damage was on Each side claimed victory in the latter engage¬ Nov. 27. land to Combat British censors and contact resulted in one hit on the British cruiser Berwick, which remained in active service. Damage descended. the from Taranto, was claimed by London to cruisers and two destroyers. cruisers were one Italian battleship, three Rome claimed that two British damaged, but admitted a hit on an Italian put the ship Taken together, the Taranto and Sardinian engagements had the effect of making Great Britain undisputed master of Mediterranean waters, and it was reported possible that large units of the British fleet now can be withdrawn and placed in Atlantic service. A considerable agitation arose in London for a "knock-out" blow at the Italian fleet, so that Italy might be prevented from adding to her Albanian contingents. British subma¬ rines appeared in the Adriatic Sea and sank some Italian cruiser out of and damage service, to one destroyer which temporarily. time, to prevent news plainly the points that were attacked, and it soon evident that the censors were not preventing their cated but a industrial establishments from reaching the outside world, but the German statements indi¬ British Admiralty communique was more explicit and obviously correct. The British Mediterranean fleet searched for the Italian units, after their withdrawal ment, for endeavored, of the German destruction of became the bombs correspond¬ ents, this produced a relaxation of the British censorship, at least to the point where the truth could be indicated without details being given. In the final week of November several able American press representatives scored the Brit¬ ish censors and stated flatly that much damage actually had been done in English cities by the indiscriminate Ger¬ enemies man from knowing aerial bombings. before the Greenwood, the House of A debate at which Minister without sition clearly. In the course our own The German attacks on the matter took place Nov. 27, and Arthur explained the poof his account Mr. Greenwood Commons, expressed the conviction arsenal, from which we supplement location Together with protests from press on portfolio, that America will be a "second obtain increasing supplies to can and to make good our deficiencies." Coventry and Birmingham, he said, on the pace of With studied emphasis, he merely slowed down Lave expansion. British armaments remarked that the serious extent into our pro¬ attacks have not "eaten to any capacity." The British shipping position aroused continually greater concern, as it appeared from official statements that this matter rivals the airplane bombings in seriousness. A Ger¬ man surface raider escaped into the Atlantic and on Nov. 5 attacked a British convoy of merchant ships half way be¬ tween Canada and England. The vessel sank a number of ductive the armed merchantman Jervis went down with her guns blazing in defense of the convoy. Most of the British ships thus were enabled to speed away from the attacker, and it finally appeared that only four or five ships actually went down out of a convoy of more than 30 vessels. The inci¬ dent served to emphasize the lack of sufficient British naval units for proper convoying of ships all the way across the wean. Prime Minister Churchill reported to the House of Commons, on Nov. 5, that the German submarine attacks are becoming more serious than the German aerial assaults. Although total British tonnage is virtually undiminished, he said, the longer ship runs, the zig-zagging, and the asseml£ty of convoys and port congestion have combined to make British shipping less fruitful. Mr. Churchill deplored the fact that Irish Free State ports are not available to the British fleet in defense operations. In his remarks before the Commons on Nov. 27 Mr. Greenwood also touched on the maritime position, which he admitted is "much like that of April, 1917." In a speech on Nov. 26, Minister of Ship¬ ping It. H. Cross acknowledged that naval construction and repairs to all classes of vessels are monopolizing British shipyards, with the result that losses are in excess of re¬ placements. All British spokesmen made it clear that greater shipping and other supplies were needed from the British including ships, Bay, of 14,104 tons, which occurred in the flow of oil to the Reich. over the Rumanian Government, when King Carol was made to flee, began to get out of hand toward the end of November. On Nov. 27 some Iron Guards took 64 eminent political prisoners from Bucharest a small interruption States. Eastern Europe Europe, against Greece and the problem of possible British occupation of Salonika or of German aid to the Rome end of the Axis. The immediate question, after the Italian assault, was whether Turkey would come to the aid of the Greeks, but after consultations with Moscow the Ankara regime remained passive. In itself, this seemed to indicate acceptance by Moscow of the Axis move against Greece, but it appeared after some weeks that the Reich looked with a certain disapproval upon the Italian move, while Russia plainly was disposed to play no favorites. The British command apparently decided against occupation of Salonika, which would require trans¬ ports on a large scale. Possibly for this reason Germany withheld a move against eastern Greece which the Reich plainly is in a position to attempt. As the various diplo¬ matic moves developed tension relaxed slowly in the Bal¬ kans, only to flare up again at the end of November, owing to disorders in Rumania and in the Bessarabian province which Russia recently regained from Rumania. The out¬ Acute tension was occasioned throughout eastern by the Italian attack in November, of all these incidents remains come in much doubt. Diplomatic conversations which probably were of a high order were initiated on Nov. 12 when the Russian Premier and Foreign Minister, Vyaclieslaff M. Molotoff, arrived in Germany at the head of an imposing trade and diplomatic delegation for extensive conferences with Chancellor Hitler and his assistants. The talks continued until Nov. 14, when M. Molotoff departed. Agreements were officially stated to have been reached, but no inkling was supplied as to their nature. That the talks concerned the Balkans was made clear on Nov. 20 when Hungarian officials appeared in Berlin and signed a treaty formally allying the small Central European country with the Rome-Berlin-Tokio Axis. Hungary agreed to work for that "new order" which the Germans blandly claim to be their aim. More startling than the Hungarian entry into the Axis was a Rumanian action six 24 vague ■was like of effect on Nov. 23. This was followed on Slovakia in the Axis, making countries in all that ostensibly are committed to the Nov. by the inclusion of "new order" of affairs under German domination. It for a time that Bulgaria also would sign the feared German spokesmen indicated on Nov. 25 Axis agreement, but signatures to the Axis understanding were ex¬ that no fresh pected, for the time being. This meant quite clearly that Bulgaria had been advised by Moscow to remain aloof from and it put a better face upon Eastern European the Axis, affairs, indicated it since arbiter of affairs. the territory of that Berlin was not the sole, The Bulgarian decision also meant that the little country would serve as a buffer between German troops and Axis, that country suffered several other disasters, which possibly exercise some influence upon will the course of events in Eastern A severe earthquake shattered Bucharest and laid parts of Rumania on Nov. 10, It was the most severe temblor ever experienced in Rumania, and the popu¬ lation doubtless made superstitious connections between the alignment of the country with Hitler and the earthquake. Europe. waste other Casualties ran damage was included in said to be into the thousands, and immense property reported, with the Rumanian oil fields also the affected area. But German troops were repairing the damage in the oil fields, and only took The victims included former Pre¬ and many others who functioned A virtual reign of terror thereupon began in prisons and shot them. mier George Argeseanu, under Carol. Bucharest, with the regime headed by Premier Ion Antonescu reduced to the extremity of asking German troops to On Nov. 30 reports began to filter order. restore great in Russian territory. France Officials of the "free" of the vember through owing to available disaffection in the Bessarabian region, shortages of food and high prices of the few wares of and Spain French Government at Vichy and Spanish regime at Madrid took no steps during No¬ that might involve them more definitely in the European but it was plainly evident that great trials were being suffered by the French, and war, tribulations and that pressure enormous was brought to bear upon the The French authorities conferred steadily with German military spokesmen at Paris on terms of a "perSpaniards. While these talks were in prog¬ ress, however, the Germans evicted from their homes nearly 100,060 Lorrainers, and the conquerors announced at the start of December that Lorraine is to be regarded as a manent" peace German settlement. province. Frenchmen outside the control of the Vichy regime continued to fight the Germans, which prob¬ ably made the position of the Vichy Government quite diffi¬ cult. The French forces of General Charles de Gaulle, operating from Great Britain, occupied in a surprise attack Nov. 10 the port of Libreville, capital of Gabon, French on Equatorial Africa. The British Admiralty apparently co¬ that the French British warship off French Equatorial Africa, as the occupation Was taking place. Food supply problems of the Vichy authorities are admittedly becoming acute, and the deepening winter weather is emphasizing that aspect of French problems. Some gratification was expressed at Vichy, accordingly, operated, for it was indicated in London submarine Poncelet had been sunk by a it when made known on Nov. 23 that American was diplo¬ is to be uninterrupted, despite the resignation of Ambassador William C. Bullitt. President Roosevelt indicated that Rear Admiral William matic representation at Vichy will be the next Ambassador. The ap¬ generally regarded as an excellent one, especially in view of the developing difficulties of the Far East, where Japan is encroaching ever more steadily upon T. Leahy, retired, pointment French was Indo-China. Spanish authorities engaged in few conversations, if any, with the Rome-Berlin Axis officials during November. Intensive diplomatic discussions were reported previously, and the appointment of the Nazi-sympathizer, Ramon Ser¬ rano Suner, to the post of Foreign Minister at Madrid' caused The apprehensions as to the course that Spain might take. The temptation to recover Gibraltar from lelect to England is great, although the possibility remains to be established. In the course of the month under review Brit¬ obviously ish authorities were rumored to be holding out to Spain the possibility of American food supplies through the British blockade, if Spain would remain neutral in the great Euro¬ as But little official information was available the efforts by the Axis partners conflict. pean to such conversations, or to involve Spain in the war. Japanese Aggression problems November, and both military and diplomatic experts began to review the situa¬ tion anew. The Hitler-Molotoff conversations in Berlin were eyed with suspicion, as they possibly concerned the After weeks of relative quiet, Far Eastern some again became acute toward the end of East Far as well as If Europe. any agreements were Far East, that circum¬ It is clear, on the other reached in Berlin with respect to the to be established. stance remains hand, that Japanese aggression now is turning southward, rather than toward the Maritime Provinces of Siberia, and it may coveted be that French, Dutch and British possessions are in Tokio. The undeclared war of the Japanese China against remained in stalemate, save for pro-forma recognition by Japan of its own puppet-regime at Nanking, by the renegate Wang Ching-wei. The aggressors upon moves against the Chungking regime of headed seemed bent, Generalissimo Chiang Kai-shek, through They made demands upon the French Governors at Saigon for rights in various ports and at interior points, over and above those already granted. the Nationalist, French Indo-China. (Siamese) Government began to Nov. 27, and this action aroused much apprehension, since Thailand is presumed to be acting in alignment with Japan. These moves of late November introduce the possibility of the Thailand Troops Greek territory. In addition to the inclusion of Rumania in the who fascists The ^ United 7 MONTHLY EEVIEW Dec., 1940] march into French Indo-China, Japanese militarists are looking for new worlds to since they cannot reduce the Chinese to submission. that conquer, If any drastic move China, it pore East. ber may is made by Japan against French Indo- be the signal for an attack against Singa¬ and British and Dutch possessions throughout the Far The United States Government has stated on a num¬ of occasions that it could of that nature, not be indifferent to events and another indication was made available , 8 MONTHLY REVIEW Nov. 30 of the intense concern with which these matters on are viewed in Washington. Announcement was made that China Washington and the American stabilization fund, over and above the credits previously extended. Although there is little appar¬ ent basis for assuming better relations between Tokio and Washington, an effort again is reported from Japan to im¬ prove diplomatic intercourse. Admiral Kichisaburo Nomura was appointed on Nov, 26 to be the next Japanese Ambassa¬ dor to the United States, probably because he is a deter¬ mined advocate of Japanese-American friendship. Also of credits totaling $100,000,000 would be made available to through official Export-Import the Bank of importance in the Far Eastern scheme of things is the death in Japan, on Nov. 24, of Prince Saionji, last of the Genro, Elder Statesmen. or Prince Saionji was the leading the incident may affect adviser of Emperor Hirohito, and Japanese policy. Steel Trade—Non-Ferrous Metals The steel trade reported that buying of steel continues to steadily, increase with steel production and steel scrap prices at new high levels. In its issue of Nov. 28 the "Iron Age" said, in part: "With the steel industry now operating at an annual rate of approximately 78,000,000 net tons of 83,000,000 tons potential capacity of 87,000,000 tons, orders continue in an unprecedented^ high volume, in many instances still exceeding production and shipments. Some companies will have booked 20% to 30% more tonnage in November than in October, while others will barely equal their October total or may fall slightly below. With automobile produc¬ tion still very high, that industry is using a large amount ingots against a practical capacity of about and a of steel, while orders for the railroads and for construction increasing. The British are negotiating for the con¬ struction of 60 ships, 30 of which will be assembled on the Atlantic Coast and 30 of the Pacific Coast. No existing are shipways will be used and much of the work will be fabri¬ plants." The same publica¬ tion on top of all that is a tremendous demand from manufacturers who are to a large extent pursuing their normal lines of activity, but at an increased pace. volume that steel mills will ter. now be booked being received, unsolicited, for second quar¬ are being accepted on the basis of price in effect shipment." The magazine "Steel" of Cleveland on Dec. 2 said, in part: "The rate of gain of steel sales is less pronounced, November showing smaller margin over October than in other recent months. In many cases the volume has leveled off, which is welcome to producers. Yet orders are coming in generally more briskly than shipments. Trends show~no change, deliveries becoming more extended, though more mildly; production at virtually full practical capacity; sales steady to larger; shipments gaining slightly as more efficiency is attained. Consumers have contracted 25% of their first quarter needs at prices prevail¬ ing at time of delivery. January books are quite completely filled. Steel production was at the highest rate since May, 1929. Pig iron shipments for November are estimated the largest for any month since March, 1937, which was prior to an announced' substantial price rise." The "Iron Age" composite price of steel scrap was increased from $20.67 to $20.75 a gross ton on Nov. 11 to $20.92 on Nov. 19 and to $21.00 on Nov. 26, which is $1.50 below the 1939 high estab¬ lished early in October of that year. The "Iron Age" com¬ posite prices of finished steel and pig iron remained un¬ changed at 2.261c. a pound and $22.61 a gross ton, re¬ spectively. The operating rate of steel companies having approxi¬ mately 97% of the steel capacity of the industry, according to the American Iron and Steel Institute, was scheduled^ at 96.6% for the we6k beginning Nov. 25 (unchanged from the preceding week), or at the highest level in the country's history, measured in tonnage, and compares with 96.1% for the week beginning Nov. 11, 96.0% for the week beginning Nov. 4, and 95.7% for the week beginning Oct. 28. At the close of November, 1939, steel operations were reported to be at the rate of 94.4% of capacity. As to non-ferrous metals, "Metal and Mineral Markets" during the month under review reported in substance as follows: Demand for copper in November was in fair volume., sales for the week ended Nov. 26 amounting to 19,795 tons as compared with 20,675 tons in the preceding week, 16,188 tons in the week ended Nov. 12, and 16,034 tons in the week ended Nov. 5. Sales of domestic copper for the month to Nov. 26 totaled 64,764 tons, and the price of that metal held at 12.00c., Connecticut Valley basis. Buying of lead, which had been in good volume in previous weeks, slackened during the holiday week ended Nov. 27, sales for the latter period amounting to 3,273 tons, as against 15,161 tons in the week ended Nov. 20, 18,566 tons in the week ended Nov. 13, and 9,531 tons in the week ended Nov. 6. The quotation for lead was advanced on Nov. 6 from 5.50c. to 5.65c., New York, and on Nov. 8 to 5.80c., but on Nov. 28 returned to the 5.65c. level. Sales of com¬ to duction and 90% of average 1929 shipments. Reported production, shipments and new business for the 47 weeks ended Nov. 9% in and 23, 1940, of the respectively, 7%, 7% were, figures for the corresponding For the 47 weeks of 1940 new business and excess same period of 1939. shipments were 9% and 6%, respectively, above output The ratio of unfilled orders to gross stocks was Nov. 23, 1940. compared with 20% filled orders a 32% on y6ar previous. Un¬ 45% greater than at the were time last same stocks were 8% less. During the week ended Nov. 23, 1940, a total of 475 mills produced 216,272,000 feet of softwoods and hardwoods com¬ year; gross bined.: shipped 245,748,000 feet, and booked orders of 223,634,000 feet. Revised figures for the four preceding weeks follow: j • . Week Ended Nov. Oct. . No. of Mills Production (Feet) {Feet) {Feet) 493 493 233,720,000 231,386,000 235,783,000 267,949,000 237,431,000 266,605,000 504 257,440,000 238,352,000 262,434,000 285,063,000 285,740,000 Nov. 16, 1940 Nov. 9, 1940 485 2, 1940... 26, 1940 - Orders Received Shipments 298,814,000 Hides, Leather and Footwear The First National Bank of Boston, in its "New England Letter," under date of Nov. 29, discusses these markets as follows: "Shoe manufacturers although operations completing are are good fall season, a still running below the rate of a Output for 1940 is expected to fall slightly below 400,000,000 pairs, or about 7% under the record level of 1939. Whereas the prospects of steadily rising raw material prices was expected to promote an early opening of the coming spring run, the rise in hide and leather prices was so sharp in September and October that the incentive to for¬ ward buying has diminished. Many buyers all through the industry accordingly are content to mark time while draw¬ ing on accumulated inventories. In this situation new busi¬ year ago. has shoes in ness confined been to moderate orders in a few specialty lines at steady to slightly higher prices. Re¬ tail sales of footwear, meanwhile, have held up favorably in relation to production, and aggregate stocks are relatively The way therefore seems to be clear for a good spring soon as the raw stock markets appear stabilized. low. run as "Sole and upper leather tanners are busy on deliveries New business is against orders received early in the fall. seasonally whose slow, but level advanced in only are substitutes. slightly "Hide leather the at tanners Tanning operations in most October peak, and the a sound position. quotations in Chicago have declined one-half cent cent one leather per pound during the between-seasons lull in buying^ Unbranded steers have shown the greatest decline due probably to leather tanners. the slower demand from specialty The hide futures market has lost most of its post-election rise, although above the August low point. rfBuenos 14*4c. Calf below the industry in general is in to been maintained have October. skin supply has been restricted because of the reporting increased competition from less expensive side leather and lines prices reached raw war are Aires standard steer quotations still are 50% qrices have advanced to moderate sales to England. This is the best level since March and, after allowance for the 10% tariff, is about 2c. above comparable domestic hides. Such a per pound on spread over import parity does not obtain on low-grade foreign supplies which are being diverted here from their normal European markets by the war." The firm | Grains general undertone of domestic wheat markets duripg the past month. was Prices moved upward and the strength was again due more to artificial factors than to fundamental changes in the situation." The most significant feature in the market has been the continued inclination of producer^ either to hold back their wheat for higher prices or to place it in the Government loan. chology also played 13,611 tons in the week ended Nov. 9, and 18,965 tons in the prospects to a thej long-term while, common amounted shipments 3% greater, and new business 17% less than in the preceding week. Compared with the corresponding week of 1939, production, shipments and new business showed increases of 5%, 16% and 33%, respectively. The industry stood at 70% of the seasonal weekly average of 1929 pro¬ grades of zinc for the week ended Nov. 23 totaled 6,648 tons, as compared with 3;669 tons in the preceding week, mon 23 operations of hardwood and softwood mills, lumber produc¬ tion during the week ended Nov. 23, 1940, was 7% less, of for about Nov. Lumber Movement through the first These at time ended According to reports to the National Lumber Manufac¬ turers Association from regional associations covering the Total sales are in such quarter on most products within 30 days or less, and some orders are week the "Defense work is forming Nov, 21 stated, in part: ever-increasing proportion of total steel business, but on Shipments of grades of zinc 5,645 tons, as against 5,935 tons in the previous week, 6,209 tons in the week ended Nov. 9, and 4,611 tons in the week ended Nov. 2. Unfilled orders for zinc totaled 124,990 tons at Nov. 23, 1940, and the quotation for that metal remained unchanged at 7.64c., New York, and 7.25c., St. Louis. Buying of tin was in fair volume, and the quotation was lower, closing on Nov 30 at 50.20c., New York, as against 51.25c. on Oct. 31. The operating rate of the tin-plate industry rose from 44% to about 50% of capacity during the month. for cated at interior structural steel an Nov. 2. week ended presen a are Inflationary psy¬ part in the upward tendency. Mean¬ statistical outlook for wheat continued picture. Supplies are plentiful and that these will become larger at a later date. bearish , 9 MONTHLY JREVIEW Dec., 1940] •Some day the wheat now under loan will enter the market, although it is apparent that in view of the war substantial emergency stocks in this country are welcome. Of greater long-term statistical importance, however, is the outlook for the new crop. The new winter wheat crop went into the ground under favorable conditions, and the outlook for its ultimate outcome has remained considerably improved as compared with its position this time a year ago. Much of the belt has had good rains, and the favorable start of the crop has been maintained. Thus the chief factor from which the market has derived strength has been the tight¬ Dealers showed induced by Japanese activities in the Far East on the future supply of rubber. The improved United States consumption figures for October also served to support the market. middle of the month sizable reaction got a About the under way, in anticipation of the meeting of the International Rubber Regulation Committee, which on Nov. 28 raised the export quota for the first quarter of 1941 from 90% to 100%. In the closing tone days of the month a somewhat steadier under¬ developed, however, predicated ening in "free supplies" as a result of the Government loan, tainty although the general price firmness in other commodity and markets and a good demand for flour played a part. Loan holdings are around 260,000,000 bushels com¬ pared with a peak of 167,500,000 bushels in the preceding season. Including wheat resealed or owned by the Com¬ with the Far securities interest, and speculative buying was nervousness over the influence of more recurrent tions of on the growing uncer¬ freight service adequate East, in view of the increasing war depreda¬ British shipping. on Ribbed 21c. maintenance the over sheets smoked 30 Nov. asked for against spot delivery were quoted at 21c. Oct. 31; 19%c. asked Sept. 30; 19%c. asked Aug. 31; 211/4c. asked July 31; 21%c. 31; 19 *4 c. asked April 30; 18%c. asked March 30; 18 9/16c. asked Feb. 29; 18%c. asked Jan. 31; 19}4c. asked Dec. 29, and 20%c. asked modity Credit Corporation and the Federal Crop Insurance asked June 30; 2114c. asked May Corporation, it is estimated in Some quarters that upwards 290,000,000 bushels are now being held off the market and that this total will reach or exceed 300,000,000 bushels Nov. 30. of before long. the In regard to inflation, it did not appear to be eventuality, although it has its possibilities. The assump¬ tion was that as the enormous sums to be spent for defense purposes are as result a distributed, with the natural deficits occurring this spending, the danger of inflation will of corn The textile and oats moved upward during the past month, while rye, after scoring gains, developed an easier undertone. On Nov 12 the United States Department of showed trades further improvement during month, due in the main to the growing effects of governmental purchases in connection with the national defense program. Retail trade early in the month had a the past somewhat continue to increase Prices for Textiles that inflation would be an immediate general opinion adverse ing spotty appearance, chiefly under the influence of weather the outcome conditions, and the uncertainty surround¬ of the general election. Subsequently, of Nov. 1 at 2,433,- however, sales improved materially, with the better tone of the security market, the advent of more seasonable weather, approximately 80,000,000 bushels over the While the current crop will be almost and the approach of the holiday buying season forming major factors in stimulating consumer demand. Wholesale 200,000,000 bushels below last year's output, it is turning bpsiness during the early part of the month continued to substantial improvement as the fear of impending delivery difficulties, due to the volume of Government orders, caused merchants to anticipate forward needs in growing measure. Prices pursued a stiffening trend. Dur¬ ing the second half of the month a seasonal slackening in Agriculture estimated the 523,000 bushels, or estimate of Oct. 1. corn crop as out to be much larger than expected earlier in the season. This, factor, however, was offset by the Government loan which continued to curtail "free" supplies. In Chicago the 30 at 89% c. as 1. At Winnipeg the 30 at 72%c. as com¬ pared with an opening of 71%c. on Nov. 1. December corn in Chicago dosed on Nov. 30 at 62V&C. as compared with an opening, of 59%c. on Nov. 1. December oats closed at 39*4c. as compared with an opening at 34%c. on Nov. 1. December rye closed at 43%c. as compared with an opening of 44%c. December wheat closed option Nov. on opening of 84%c. on Nov. December wheat option closed on Nov. against ^ Nov. on an show activities noticeable was as the covering of immediate holi¬ by retail merchants gave indications of day requirements having run its course. Raw cotton in November displayed considerable strength during most of the period under re¬ view, although late in the month a mild reaction got under way. The chief strengthening factor was the revival of inflationary sentiment following reports from Washington that a huge increase in the Federal debt limit was deemed 1. Sugar Trading in the market for sugar "futures" was compara¬ to necessary finance the needs of the defense program. tively quiet during the past month, and after ruling steady The ensuing strong advance in the security and other com¬ during the early part prices subsequently eased. The mar¬ did not appear to be perturbed by the inflationary excitement noted in other commodity markets following modity markets caused a wave of buying which carried prices to the highest point seen in some time. Other stimu¬ lating factors were the further substantial gain in domestic cloth sales, the belief that the outcome of the election would ket the announcement during Secretary of the the early part of the month that Treasury Morgenthau would ask for extension of the debt limit to market for raws maintained $60,000,000,000 a steady tone, or more. an The while the re¬ a continuance of the Government farm policies, a slight improvement in the volume of export shipments, and assure the advent of cold weather in parts of the fined price level displayed a with its damaging influence on the ties. country. The hardening tendency throughout all-important market factor, however, continued to be the announcement which is now regarding the 1941 quota expected to be made some time during Decem¬ ber. the It was belief conservative in quarters that the Sales of ware¬ house sugar by operators was said to be largely responsible for the easier undertone during the latter part of the month. Sales of Cuban raw sugars during the month consisted of the following: On Nov. 8 prompt shipment exclusive of duty at 2.00c.; on Nov. 14, January shipment exclusive of duty at 2.00c.; on Nov. 19 ex-store delivered at 2.90c., and on figure would be held at minimum levels. Nov. price 22 ex-warehouse for delivered immediate refined, 2.85c. at delivery, The was wholesale quoted at Coffee a further moderate increase in the current output had little effect on the market. A mild reversal in the price trend prevailed in the market for coffee "fu¬ tures." Sentiment during the month was more optimistic owing to the quota system arrangements which were Hear¬ ing completion and the anticipated United States Govern¬ to countries producing coffee. Thq cof¬ fee quota agreement between the 14 Latin American coffee producing countries and the United States, limiting exports Nov. 28. The agreement fixes the total amount of coffee to be shipped of each of the producing countries, was signed on into the United States for the next three years at 15,545,000 According to cable advices, drought and cold weather have caused severe damage to the Brazilian crops although the full effects could not be gauged before January. No. 7 Santos was quoted Nov. 30 at 6V£c., against 6%c, Oct. 31, the same as on Sept. 30, against 5%c.@6c. Aug. 30; frAc. on July 31, June 29, May 31 and April 30; 6%c. March 30; 6V&c.@6%c. Feb. 29: the same as on Jan. 31, against 6^c.@6%c. Dec. 29, and 6%c.@6%c. Nov. 30. No. 7 Bio was quoted on Nov. 30 at 5%c., against 5%c. Oct. 31; 5c. Sept. 30; 5%c. Aug. 30; S^c. on July 31, June 29, May 31 and April 30; 5%c. March 30; 5%c. Feb. 29; 5%c. Jan. 31; 5%c. Dec. 29. and 5%c. Nov. 30. Rubber * ^ Crude rubber early in the period under review, and in sympathy with the upward trend in other markets, showed a strong tone, and prices scored considerable advances. however, caused during the latter part of was the month when statements made by the Secretary of Agricul¬ ture indicated the possibility of a change in the Government loan program, in view of the steady accumulation of crop surpluses caused in part by the cutting off of major foreign outlets due to York war 9.57c. was developments. on Spot cotton here in New Nov. advanced steadily to a 1. From that point the price high of 10.21c. Nov. 19. The subse¬ quent mild reaction left the quotation at 10.04c. Nov. 30. Trading in the gray cloths markets expanded sharply during the chief A firm undertone bags per year. The release of the monthly official crop report show¬ ing the first part of the month, with the impact of Government purchases and the spread of inflationary sentiment forming 4.35c. throughout the month. ment financial aid Southern belt, picking and ginning activi¬ slowed stimulating factors. down somewhat, early in the month Pall River for were 28-inch Later in the period activities although price advances scored fully maintained. Print cloths at 64x60's advanced on Nov. 8 from 4%c. to 4^c., while the price of" 27-inch cloths 60x64's in¬ creased to 4%c. Nov. 8 from 4c. Osnaburgs continued their advance of the month from Census of 8%c. Oct. 31 to 8%c. Nov. 30. The report covering the showed the highest United States con¬ Bureau, October, issued Nov. 14 and sumption of the staple on record, with the exception of that attained in March, 1937. The amount consumed in October was given as 770,702 bales of "lint and 112,362 bales of linters, compared with 639,252 bales of lint and 94,395 bales of linters in September, and 686,451 bales of lint and 98,706 bales of linters in October, 1939. The woolen goods market continued to be chiefly influ¬ enced by additional huge Government purchases which re¬ sulted in carrying the backlog of unfilled orders to record figures. Further price advances and growing difficulties for private users to obtain satisfactory deliveries were the direct result of the accumulation of Government orders in producers' hands. Trading in women's wear fabrics, while less animated than in the men's wear division, nevertheless also made appreciable gains as the further improved indus¬ trial outlook served to stimulate consumer buying. Japanese double extra 13-15 deniers were quoted Nov. 30 at $2.52@$2.57 against $2.58@$2.63 Oct. 31; $2.55@$2.60 MONTHLY REVIEW XU $2.47@$2.51 Aug. 31; $2.53@$2.55 July 31; $2.65@ $2.72@$2.79 May 31; $2.58@$2.64 April 30; $2.87@$2.90 March 30; $3.00@$3.05 Feb. 20; $3.10@$3.15 Jan. 31; $4.50@$4.55 Dec. 30, and $3.43&$3.48 Nov. 30. In the case of the 20-22 deniers Japanese crack double extra was quoted at $2.346£$2.39 Nov. 30 against $2.40@$2.45 Oct. 31; $2.38(a;$2.43 Sept. 30; $2.41@$2.45 Aug. 31; $2.44@ $2.40 July 31; $2.50@$2.5S June 30; $2.04@$2.81 May 31; $2.53@$2.59 April 30; $2.S2@$2.85 March 30; $2.91@$2.96 Feb. 29; $3.03@$3.08 Jan. 31; $4.43@$4.48 Dec. 30, and Sept. 30; $2.08 June 30; Petroleum The and Its Products of the domestic petroleum moves industry to cooper¬ Administration in its defense program featured ate with the developments during November, with the American Petro¬ leum Institute's twenty-first annual convention in Chicago mainly to discussion of problems brought the Nation's rearmament drive. The industry's being devoted about by pledge to cooperate to the fullest possible extent, to serve not oniy the Government in its new needs but also the industrial and consumer markets was backed wholeheartedly by the oil men attending the convention. Oil men who had become pessimistic concerning the loss markets for domestic crude and refined prod¬ result of the broad theatre of war currently exist¬ of the export ucts as a of the civilized world were heartened much through ing by the prophecy of Dr. Robert E. Wilson, petroleum adviser to the National Defense Advisory Commission, that next spring would bring record demand for petroleum products and his recommendation that the industry expand its refin¬ to properly prepare for storage capacity ing and the rise in demand. admitting that petroleum demands for the national While "to date have been much less than enough exports to the Continent of Europe," defense program to offset the loss of our emphasized the potential demand not only from the Army and Navy, but from industry and "from men who have found employment for the first time in years." Dr. Wilson further predicted that "by this coming spring these increasing de¬ mands will, on the whole, offset our loss of exports, and thereafter will increase steadily to a figure substantially he beyond any total requirements the industry has Although it was admitted by Dr. Wilson that of oil crude normal and from yet seen." production wells is adequate to meet all demand^ he suggested a four-point existing defense capacity for high-grade synthetic aviation Existing capacity "is substantially less than enough to meet present estimates of full war-time demand after our plane-building program is complete," he said. 2. Continued growth of ordinary refineries "to keep pace with the growth of peace-time consumption and keep the customary reserve of around 20% of shutdown capacity available for possible war-time expansion." 3. Increased storage facilities to guard against possible Increased gasoline fuel. development of gasoline pipelines and waterway transportation, particularly on the Eastern Some inland stantially assisting in the program of defense." The hundreds of oil men attending the convention alsoheard William R. further In addition to suggesting the four-point program for the He disclosed that the Defense Commis¬ Navy the accumulation on the Eastern seaboard and at the new Atlantic naval bases of expense. sion had recommended to the "substantial reserves of oil." fuel Domestic of supplies heavy fuel oil on the Eastern coast are not now adequate to meet both naval and industrial demands if a major Atlan¬ tic should effort naval this and ill was Boyd Jr., Executive Vice-President of the in place of A. J. Byles, 'President, who- unable deliver his to scheduled address. connection referring "by any stretch of fact can it be proved by competent testi¬ in any court of justice" that the Institute has engaged mony illegal or collusive activity. describing the Institute as an association for the pro¬ motion of higher standards, improvement of quality of in any In products, elimination of waste and service to the consuming public, Mr. Boyd said he believed that it is scrupulously observing all legal restrictions. He explained further that affairs the Institute does not maintain a lobby. in legislative "The Institute does not make any recommendation or sug¬ gestion to any individual producer or refiner how much oil he should produce or how much oil he should refine or to any marketer about how much store, nor sell or to whom or how or at what price he Department of Justice charged, in its suit asking the been utilized by the The 22 defendant companies" as an instrumentality for promot¬ supervising and enforcing the various illegal policies and practices set forth in the complaint. The closing session of the convention in Chicago's Hotel Stevens saw II. W. Prentiss Jr., President of the Arm¬ ing, strong Cork Co. and of the. National Association of Manu¬ facturers, deliver a strong plea for the immediate appoint¬ ment of an executive head to the National Defense Advisory Commission. Prentiss i In ointed the need for Dr. become Wilson necessary, also said In he reported. that the Government patriotic members of the National Defense Ad¬ An execu¬ with real authority to coordinate the work of tive head the Commission, to red ernment tape, enforce its decision, to cut through Gov¬ to standardize specifications, and thus possible the full benefit of mass production methods should be appointed at once. "So far as industry is concerned, what more can it do? It has cheerfully It ment. It has pledged and given its support to Govern¬ a definite stand against profiteering. taken has supplied its best administrators. Despite the mouth- ings of demagogues, American industry could not be drafted. It had already volunteered. Today with the defense emer¬ gency industry asks from the Government a fair the shabby deal of recent years; faith of suspicion; active Government support and sym¬ upon us instead deal instead of demogogic criticism; statesmanship in¬ politics." petroleum industry will be function¬ pathy stead of of "long before the Nation's new fully organized" was made by William R. Boyd Jr., Executive Vice-President of the A. P. I., on a ing at war-time efficiency defense program is broadcast symposium on "Industry and National Defense," closing Institute the twenty-first network on Nov. 26. "Mechanized war¬ has made gasoline and lubricants as important as guns, Broadcasting Co. fare held: "That the American petroleum industry cooperation with the program for national defense; point with pride to the record of the petroleum industry during the first World War; publicly record the fact that the petroleum industry as presently constituted under a system of com¬ petitive enterprise, in addition to ordinary peace-time re¬ quirements, is amply able and willing to meet any demands the United States Government may make on it for petroleum products for any and all needs for defense or and desires to cooperate fully with all gov¬ agencies." purposes, ernmental urging the strengthening of the Interstate Oil Com¬ pact group through expansion of its membership, the Insti¬ tute's resolution declared that "it approves the said Inter¬ state Oil Compact and the purposes for which it was cre¬ ated, and reaffirms its conviction that such compact should he continued in existence through the necessary legislation on the that in part of both addition the compact, to State the and Federal States that are governments, now and members of all other oil-producing States should be urged to loin such compact; that we are convinced that if said Inter¬ which "If par¬ fate, the and the present conflict may be won by those Powers possess the preponderance of petroleum," he ticipation in mechanized will States United enter warfare the said. must be our equipped with conflict the petroleum and all products and services. "By expanding its facilities to keep ahead of annual meeting the A. should and does hereby pledge its wholehearted National originating in New York City over WJZ and the its supplies. P. I. passed resolutions pledging the support of the entire indus¬ try in the national defense program and also calling for all oil-producing States to become members of the Interstate Oil Compact group. The defense resolution adopted by the In Mr. visory Commission are now forced to function. eries to increase fuel oil war action such "no private business enterprise moment operating on the basis under that would consider for a which the stressing out world's only adequate national supply of which oil he should should sell it." dissolution of the Institute, that it has might build additional crude oil pipe lines to Eastern refin¬ In Mr. directly to the suit filed by the Department of Justice on Sept. 30, charging that 22 major oil companies and the Institute were guilty of violation of the Sherman Anti-Trust Act, said he did not believe that without The forecast that the industry to self-finance, Dr. Wilson outlined certain projects which he contended ath Government should unlertake at own speak Institute, seaboard. its performed a useful service and is. capable of greatly increased usefulness in effecting a wise conservation of petroleum resources of the Nation, and sub¬ instead interruption of supply. 4. that said Commission has make expansion program for the industry, as follows: 1. have not heretofore adhered thereto will eventually join and Boyd, $3.41®$3.43 Nov. 30. Compact is continued in existence the States which state Oil requirements, the American petroleum industry cally has prepared to serve the Nation in war. peace-time automati¬ The indus¬ criticized 'genius for overbuilding' now may be one of our greatest defense assets, for we possess not only the world's largest petroleum reserves, but an industry with a demonstrated ability to produce, refine, much try's prove to transport, store, distribute and service more fuels, lubricants and other essentials of modern warfare than all other na¬ tions combined. to This industdy already is prepared not only military demands, but civilian requirements to the that no blackout of motor transportation need ever meet end happen here. "Bottlenecks, the bane of many industries, are conspicuous by their absence. Limited expansion of refinery capacity to augment the production of"super-fuels, already greater than planes can consume; adaptation of marine transporta¬ pipeline mileage in some strate¬ gic areas and construction and relocation of some storage facilities to increase capacity and security constitute about all the military experts find necessary for the full prepared¬ ness of this industry. The petroleum industry will be oper¬ ating at war-time efficiency long before the Nation's new tion facilities; extension of is fully organized. Freedom to operate industry under, the traditional competitive system of enterprise constitutes in itself an assurance of an adequate supply of petroleum and its products." defense the program petroleum made several moves the State during Novem¬ the month when minority member E. O. Thompson sought to brirfg about sharply lower production through removal of many fields from the "exemption list," which permitted them to ignore the nineday shutdown regulations. This was defeated by Chairman Don Smith and Commissioner Sadler. A week or so later Chairman Smith pushed through new regulations altering the November base which pared the allowable beiow the suggested level of the Bureau yf Mines. On Nov. 26, how¬ ever, the Commission issued a 60-day shutdown order, effec¬ tive Dec. 1, setting the daiiy allowable at 1,816,657 barrels, which is 40,000 barrels above the December market esti¬ mate of the Federal agency. Oklahoma continued December output unchanged at 390,000 barrels. A bitter attack upon the Michigan oil conservation laws, which were enacted in early 1938, was launched in the finai week of November by the newly-organized Oil Institute of Michigan. Since the Board of Directors includes the presi¬ dents of the four leading independent refiners in the State, the new group seems likely to exert a powerful influence upon future developments in the Michigan oil industry. In a pamphlet which demands the rex3eal of the oil laws by the 1941 Legislature, the group declared: "Three years ago a pressure group brought about enactment of legisla¬ tion that made possible the enforced restriction of crude oil production in Michigan, and as a result an acute, arti¬ ficially-created shortage of crude supply lias developed that will work a severe hardship on the refiners of Michi¬ gan crude oil and cause losses running into hundreds of thousands of dollars before new drilling can bring produc¬ Railroad Texas The Commission affecting proration schedules for ber. The first move came early in again." back to normal tion The its December which Nation placed oil crude of tion Bureau States United released at of Mines demand market late in the month estimate for the daily average recommended produc¬ 3,560,000 barrels. This figure was and 10,000 barrels comparable month last year. No change in the export picture was seen by the Federal agency, which placed December offshore shipments at 3,900,000 barrels, unchanged from November. Daily average crude oil production for the week ended Nov. 23 (latest available montli-end figures.—Ed. note) showed 3,765,000 barrels, up 85,000 barrels from the 3,640,000-barrel 10,000 barrels above the December total in excess of actual production during the 26. rising tide of industrial consuinption of lubricants, figure reported for Oct. The spurred by the defense program expansion of manufacturing activities, brought the wear's first markup in prices of Pennsylvania grade crude oil on Nov. 12 when the Joseph Seep Purchasing Agency of the South Penn Oil Co. an¬ qf 15c. a barrel, effective immediately. market thus far this year has suffered three price of 25c. each —in May, June and July—as overproduction nounced an increase The cuts postings into lower price territory. sent the Under the new price schedule, which recovered 33%% of the year's losses, Brad ford-Allegany moved up to $2 with corresponding ad¬ other in vances There was no change in Corning grades. grade crude oil. There were no outstanding developments in the Mexican The temporary "truce" was that President-elect General Manuel Avila Camaelio will adopt a more friendly attitude to the American and British oil companies involved in the half-billion dollar expropriation seizure of their Mexi¬ situation during the month. attributable to widely circulated reports can properties in early 1938. been has inducted Until Mexico's new President office and had into a chance to make policy, the American oil companies had called a temporary halt in their fight against the Mexican Adminis¬ tration for either return of their properties or payment of a his known "fair" expropriation price. price changes during Pennsylvania grade November follow: 12—South Nov. Penn Oil advanced crude oil loc. barrel. Outstanding development in the refined products division of the American petroleum industry during November was spectacular rise in tanker rates for movements of gaso¬ line and fuel oil from the Gulf Coast to the Eastern Sea¬ the which board sent prices up as much as 200% within the past month. At month-end the market eased off a bit from its high, due to the release of some tankers by the United States Government. Fuel at oils, which normally move into higher price levels this time of the year,' due to seasonal expansion of con¬ sumption, were bolstered by the sharp rise in tanker rates and showed immediate reaction to the combination of bullish factors by advancing on a broad price scale in the major marketing areas of the Nation. Further advances in prices are seen for the near future as the continued rise in indus¬ trial activity spurs the market, already gaining momentum from the The spurt in home heating demand.. market demand estimate for gasoline in December the domestic field, issued by the Bureau of Mines, set indi¬ cated demand at over actual 46,400,000 barrels, which is market demand in the final a year gain of 6% of 1939 and almost certain proof that 1940 will see gasoline disappear¬ ance set a new high for the third consecutive year. Export demand was set at 1,800,000 barrels, 100,000 better than in November but less than half that motor fuel gasoline showed a contramonth, easing off about 800,000 Stocks of period. seasonal decline during the the Oct. 26-Nov. 23 period. Representative price changes, showing the trend of the Nation's refined product markets during November, follow: Nov. 4—Socony-Vacuum lifted No. 2 heating oil prices 0.4c. a gallon barrels during in the Metropolitan 0.2c. New New York area. 7—Soconv-Vacuuin Nov. of'the comparable 1939 lifted kerosene and No. 2 heating oil and New England. of Nov. 6. in upper New York State gallon a prices Some of the England points were advanced as 27—Soeony-Vacuum lifted Mobilheat Nov. gallon in delivery western New and kerosene 2/10c. a harbor, and 4/10c. a gallon by all methods of New York and New England with the exception of York throughout York. New FINANCING NOVEMBER OF THE UNITED STATES TREASURY finance November was an important month in a number of ways. It saw the prices of Treasury bonds rise vigorously to the best levels ever reached. It saw the Treasury make first use of the authority given it in the first revenue Act of 1940 to issue National defense obligations. It saw the For Treasury Treasury issue a call for redemption of $545,000,000 of 3^% bonds. Finally, it saw Se retary of the Treasury Henry Morgenthau Jr. give notice that a $15,000,000,000 to $20,000,000,000 increase in the debt limit would soon be sought of Congress and that the Treasury would definitely undertake a financing operation in December. The declaration by Mr. Morgenthau in favor of an increase in the debt limit came on Nov. 7, and on the same day he Congress would be asked to make all future issues of Federal, State and local securities subject to taxes. The connection between the advocacy by Secretary said the that next Morgenthau of termination of tax exemption on government securities and the brisk upturn in pricey of outstanding issues was There direct. evidence that was some buyers had stayed out of the market until after election day. If Mr. Willkie should be elected, the theory went, it might be pos¬ sible to modification of the Administration's policy, in which eventuality govern¬ prices would decline somewhat. But when Mr. expect some aggressively ment bond Roosevelt easy money was chosen by the voters, part of this pentup buying power was Nov. 6, the day after election. in no securities. on released, and still more buying power on Nov. 7 after Mr. Morgenthau came out tax preferences for future issues of government generated, favor of released of it was The rest The rise in Treasury bond prices in November of slightly more than two points to the highest levels on record was reflected in a drop in the average yield on Treasury bonds not callable within 12 years to 2.05% from 2.19% at the end of October. Treasury note yields declined from 0.40% on the end of November. The disclosure by Secretary Morgenthau that he would Oct. 31 to 0.34% at ask Congress to raise the statutory debt 000,000 or $65,000,000,000 to take care limit to $60,000,of defense needs through the end of the 1942 fiscal year did not affect ad¬ versely the prices of outstanding issues. The inference that could be drawn from the election results that excess reserves substantial figure meant that would be maintained at a very of the banking system to absorb very large government securities would be undiminished. Mr. Morgenthau announced on Nov. 7 that the weekly discount bill offerings would now be designated as National Defense Series. This type of obligation, the law provides, the ability amounts of be issued to provide the Treasury with funds to meet expenditures made, after June 30, 1940, for the National defense or to reimburse the general fund of the Treasury therefor. Between July 1 and Oct. 31 expenditures from the may any general fund for National defense purposes, the Treasury said, aggregated approximately $883,000,000. The proceeds of the National Defense Series discount bills would be used to reimburse the general fund, in part, for such ex¬ It should be noted that the National Defense existing statutory debt limit of $45,000,000,000, and as the regular issues of Treasury bills are retired and replaced by these new bill issues the margin of borrowing under the $45,000,000,000 debt limit is increased by equal amounts. The accepted bids for the regular bill issue dated Nov. 6 were awarded at an average price fractionally under — par, and the three issues awarded then under the National Defense Series were on the basis of 0.003%, 0.003% and 0.004%,-respectively. Secretary of the Treasury Morgenthau announced on Nov. 14 that all outstanding 3<%% Treasury bonds of 1941-43 were called for redemption on March i5, 1941. Dated March 16, 1931, these bonds are outstanding in the approximate amount of $545,000,000. The formal notice of call said that holders of these bonds might, in advance of the redemption date, be offered the privilege of exchanging all or part of their called bonds for other government securities. On Nov. 28, Mr. Morgenthau announced at a press con¬ ference that there definitely would be December financing. The Treasury will have to care on March 15 for $676,707,600 of 1 lA% notes and for the $544,870,050 of 3%% bonds called for redemption, and in the past it has been the Treasury's habit to anticipate maturities by three months. From the fact that the Treasury's working balance, in the last week of November, fell below the $1,000,000,000 level for the first time in recent years and the fact that Treasury calls on depositaries became necessary to keep the Treasury's balance in the Federal Reserve banks from being wiped out, it appeared that the Treasury might attempt in December to penditures. Series is outside the posted Representative a 11 MONTHLY EEYIEW Dec., 1940] raise new money. MONTHLY REVIEW 12 Another development in November of possibly great importance in government finance was the announcement by President Roosevelt at his semi-weekly press conference on Nov. 26 that the annual budget to be submitted to the new Congress early in 1941 would provide for cutting to the bone all non-defense expenditures. He said that, specifically, he would ask Congress to hold to a minimum all expenditures for public highways, river and harbor improvements, pur¬ chases of land for National forests and other peace-time projects. He said that non-defense items for highways, rivers, harbors, &c., authorized by past Congresses would not be abandoned permanently, but would be shelved until the national emergency had passed. The details of Treasury bills sold on a discount basis are given in the following tables: , . Amount of Bills Offered Doled Mature 30 1940 7 1940 Feb. Feb. 13 1941 Nov. 20 1940 Feb. 19 1941 Nov. 22 1940 Nov. 27 1940 Feb. 26 1941 Nov. 29 1940 Dec. Nov. 6 1940 Nov. 4 1940 Mar. 91 days 92 days Subscrip¬ Amount Accepted Price $236,436,000 285,555,000 280,833,000 298,636,000 374,375,000 $100,136,000 100,411,000 100,302,000 101,256,000 100,968,000 Maturing Average tions 30 1940 Oct. Nov. 7 1940 Nov. 15 1940 Nov. 22 1940 Nov. 29 1940 6 The accepted bids were tendered at prices Yield 699.999+ 60.001% 99.999 + 99.999 99.999 99.999 0.003% 0.003% 0.004% 0.002% Issue of— $100,372,000 100,071,000 100,166,000 100,026,000 100,100,000 ranging from slightly above par down to 99.999. Mutual Total financing in the domestic market for November fell The only apparent reason for this somewhat precipitate decline in public offerings may be flotations the previ¬ ous month by some issuers to complete their financing before the national election on Nov. 5. The $140,000,000 issue of attributed to the speeding up of security American Telephone & Telegraph substantial a portion available records placement ever on Life ,\ Commission. 1,500,000 Fontana Union Water Co.-—Dean Witter & Co. and Blyth & Co., Inc., on Nov. 13 announced the completion of the sale of $1,500,000 1st mtge. & collateral trust 4% bonds. The bonds consisted of $648,000 maturing serially 1941-1950, and $852,000 maturing Nov. 1, 1960. "Hie issue was offered at y! corporation. This also & Telegraph Co.'s first such below the principal issues to come upon the with issues privately placed and financing in the form of bank loans: prices ranging from 100 and int. to 104.98 and int. accord¬ ing to maturity, Proceeds will be used to retire on Jan. 1, next, the present outstanding 6% bonds of the company and for loans to Fontana Power Co. and Fontana Domestic Water Co., sufficient in amount to retire the 6% bonds of those organiza¬ tions. 1,219,200 Danbury & Bethel Gas & Electric Light Co.—A simultan¬ eous offering of mortgage bonds, preferred stock and common stock of the company was made Nov. 19 by an underwriting group headed by The First Boston Corp. and including Putnam & Co. and Chas. W. Scranton & Co. The offering consisted in part of $720,000 gen. mtge. 3% bonds due Nov. 1970, priced at 103 and int., and 9,600 shares of 4M% prer. stock (par $50) offered at $52 per share. Net proceeds from the bonds and pref. stock are to be used mainly for the early redemption of $600,000 of 6% series A mtge. gold bonds, due Aug. 1, 1948, and $400,000 of 7% cum. pref. stock of the company. In addition, the financing involved the offering of 144,000 shares of common stock of the Company at $17.50 per share, representing the complete liquidation of common stock holdings of the company by its present parent. Cities Service Power & Light Co. The latter corporation or affiliates have since 1913 held the entire common stibek of the Danbury company. Upon completion of this financing all members of the board of directors of the company will 1, cum. RAILROAD FINANCING $10,000,000 Atchison Topeka & Santa Fe Ry.—A banking group headed by Harriman Ripley & Co., Inc., Nov. 26 won the award of $10,000,000 series D 1M% serial equipment trust certificates, maturing $1,000,000 each Dec. 5, 1941-50, in elusive, on a bid of 100.5437. The certificates were im¬ mediately reoffered at prices ranging from 97.69 to 102.45, to yield from 0.20 to 1.50%; according to maturity. Other members of the banking group were: Blyth & Co., Inc.; Drexel & Co., Goldman, Sachs & Co.; Alex. Brown & Sons; R. L. Day & Co., and Washburn Co. 4,750,000 Baltimore & Ohio RR.—A group headed by The First Boston Corp. and including F. S. Moseley & Co.; Kean, Taylor & Co., and R. W. Pressprich & Co., were the successful bidders Nov. 13 for an issue of $4,750,000 5H% equipment trust certificates, series K, on a bid of 100.155. The cer¬ tificates were reoffered at prices to yield from 0.25% to 1.85%, according to maturity. — 4,368,000 Terminal RR. Association of St. Louis—-Halsey, Stuart & Co., Inc., and Otis & Co., Inc., placed Nov. 13 on the market $4,368,000 of 3 %% bonds due in 1974 at 105, to yield about 3Y»%. The bonds were the unsold portion of an issue of $7,000,000 originally purchased by the bankers and reoffered to the public in August, 1939. [The issue was the cause of a controversy whether it should be sold through traditional banking connections or by competi¬ tive bidding. Advocates of the latter procedure prevailed.] 3,900,000 Dayton Union Ry.—Morgan Stanley & Co., Inc., and Kuhn, Lobe & Co. on Nov. 29 offered $3,900,000 gen. mtge. bonds, consisting of $1,500,000 series A offered at 100 and int. for all maturities and $2,400,000 series B 3 Ms offered at and interest. The former issue matures $150,000 each Die. 1, 1941-1950, incl., and the latter issue on Dec. 1, 1965. J00.000 Erie RR.—Offering was made Nov. 20 of $3,000,000 equip¬ ment trust l%% serial equipment trust certificates due $150,000 aach June 1 and Dec. 1 from 1941 to 1950, incl., by a group headed by Mellon Securities Corp. and including Lazard Freres & Co.; Kidder, Peabody & Co., and E. W. Clark & Co. The certificates were priced to yield from 0.20% to 1.95%, according to maturity. 1,550,000 Wheeling & Lake Erie Ry.—Mellon Securities Corp.; Lazard Freres & Co.; Kidder, Peabody & Co., and E. W. Clark & Co. were awarded on Nov. 7 an issue of $1,550,000 1% serial equipment trust certificates on a bid of 98.87 (an interest cost basis of 1.23%). The certificates were re¬ offered immediately at prices to yield from 0.20% to 1.55%, according to maturity, and were quickly sold. This is a record low rate for an equipment trust issue, the previous record low having been established a few weeks ago with the sale of the Duluth Missabe & trust certificates. Iron Range 1M% equipment 1,329,000 Fort Street Union Depot Co., Detroit—Morgan Stanley & Co., Inc., on Nov. 27 offered at 100 and interest $1,329,000 1st mtge. 3M% bonds dated Dec. 1, 1940, and due Dec. 1, 1965. 640,000 Lehigh & New England RR.—An issue of $640,000 114% equip, trust ctfs., series L, was awarded Nov. 25 to Evans, Stillman & Co., New York, on a bid of 103.688. The cer¬ tificates have been placed privately and become due $64.000 annually from Dec. 15, 1941 to Dec. 15, 1950, inclusive. PUBLIC UTILITY FINANCING $2,950,000 Michigan Associated ""Tctephone Co.—Company on Nov. 26 sold to nine insurance companies $2,950,000 3M bonds due 1970 at 104.92, retiring $2,800,000 4% bonds due 1968 at 105, and providing $150,000 of new money; the former Michigan bonds were held by the public. Company is a subsidiary of General Telephone Corp. $1,000,000; Provident Mutual 1,770,000 Ohio Associated Telephone Co.—Company on Nov. 26 sold to four insurance companies $1,770,000 3H% bond due 1970 at 106 to retire an equal amount of 4M% bond due 1966 at a call price of 107M. the former bonds having been held by the public. Company is a subsidiary of Genera Telephone Corp. private placement. We present Co., 3,900,000 Montana-Dakota Utilities Co.—The company, through Blyth & Co., Inc., as agent, has sold privately at par and int. $3,9OO,O0O 10-year serial notes to Equitable Life Assur¬ ance Society of the U. S.; Northwestern Mutual Life Insur¬ ance Co., National City Bank of New York, Northwestern National Bank & Trust Co., Minneapolis; and the Marshall & Ilsley Bank, Milwaukee. The notes bear interest rates ranging from 1M% to 3M%» according to maturity. Notes mature $390,000 per annum, March 15, 1941-1950, inclusive Proceeds will be used to retire company's $1,812,000 4M% convertible debentures and $2,l0O,OOO 4M% serial promissory notes. The issue has been approved by the Federal Power any market in November, together Insurance headed an underwriting group that offered 14(5,591 shares of 5M% cum. pref. stock ($100 par) at $107.50 per share, subject to an exchange offer by the company to present holders of all outstanding 6M% and 6% cum. pref. shares. Other member ing g oup included: Glore, Forgan & Co.; Stone & Webster and Blodget, Inc.; Blyth & Co., Inc.; Harriman Ripley & Co., Inc.; Lazard Freres & Co.; A. O. Allyn & Co., Inc.; Blair ac Co., Inc.; Bonbright & Co., Inc.; Hallgarten & Co.; Hemphill, Noyes & Co.; Kidder, Peabody & Co.; and Lee Higginson Corp. Co. debentures comprised In the past the company and its sub¬ sidiaries have done their financing through regular invest¬ ment banking channels with wide distribution. Life Insurance 14,059,100 Indianapolis Power & Light Co.—Lehman Brothers; Gold¬ man, Sachs & Co., and The First Boston Corp. on Nov. 25 hand this is the largest single private negotiated by The face amount of Co., $4,000,000; Prudential Life Insurance $50,000,000; Sun Life Assurance Co., $7,500,000 Travelers Insurance Co., $10,000,000; Union Central Life Insurance Co., $3,000,000. This financing is to provide new capital for plant expansion and was undertaken sooner than had been expected because of the increased construction program of the Bell System over that previously anticipated. of the month's financing, and from marks the American Telephone on Co., NEW SECURITY ISSUES IN NOVEMBER far below October's volume. Co.—Company Insurance Co., $4,000,000; Mutual Benefit Life Insurance Co. (N. J.), $8,OOG,0o0; New England Mutual Life Insurance Co., $5,000,000; New York Life insurance Co., $30,000,000; Penn Mutual Life Insurance Co., $7,500,000; Phoenix To Redeem Bills Offered Telegraph The cost of the money is 2.8% per year. 91 days 5 1941 & the debentures sold to each of the insurance companies is as follows: Aetna Life Insurance Co., $5,000,000; Connecticut Genera] Life Insurance Co., $2,000,000; Connecticut Mutual Life Insurance Co., $3,000,000; Massachusetts Mutual Life tions $100,000,000 $236,436,000 100,000,000 285,555,000 100,000,000 280,833,000 91 days 100,000,000 298,636,000 91 days 100,000,000 374.375,000 5 1941 Nov. 13 1940 Nov. 15 1940 Oct. Telephone Nov. 27 announced that it had sold direct to 14 insurance companies $140,000,000 of 2%% 30-year debentures at 98M. Subscrip¬ Offering Bills $140,000,000 American , be residents of Connecticut. 1,000,000 Upstate Telephone Corp. of N. Y.—Corporation on Nov. 26 soJd to one insurance company $1,000,000 3M% bonds due 1970 at 106 M to retire an equal amount of 4% bonds due 1963, at a call price of 105, which had been held by two insurance companies. The company is a subsidiary of General Telephone Corp. INDUSTRIAL AND MISCELLANEOUS FINANCING $7,500,000 Revere group Copper & Brass, Inc.—An underwriting group headeid by Blyth & Co., Inc., on Nov. 15 offered $7,- 500,000 1st mtge. 3M% sinking fund bonds due Nov. 15, 1960, at 102M and accrued interest. Other members of the g'oup including Smith, Barney & Co.; Harriman Ripley & o., Inc.; Kidder, Peabody & Co.; Hayden, Stone & Co., and Hemphill, Noyes & Co. 6,300,000 McCrory Stores Corp.—Financing in the form of a public offering of 60.000 shares of 5% cumulative preferred stock, with common stock purchased warrants for anaggregate of 150,000 shares of common, was carried out Nov. 14 on behalf or the corporation by an underwriting group headed by Merrill Lynch, E. A. Pierce & Cassatt, Kidder, Peabody & CO. and Goldman, Sachs & Co. The offering consisted of units of one share of the new preferred stock ($100 par) and a warrant calling for the right to purchase 2M shares of common stock. The offering, which was subject to authoiizaof the stock by the stockholders and to the purchase of all or any part of such shares by the common stockholders, was priced at $105 per unit. 5,000,000 Atlantic % '» r. Co., Atlanta, Ga.—Financing to the extent of $5,000,000 was undertaken Nov. 19 with the offering of $3,000,000 1st mtge. 5% sinking fund bonds due Dec. 1, 1952, and $2,000,000 1st mtge. 3% serial bonds, due $400,000 annually Dec. 1, 1941, to Dec. 1,1945, by a syndicate head by A. C. Allyn & Co., Inc., and including Courts & Co.; The Equitable Co.; R. S. Dickson & Co.; Equitable Securities Corp., and Robinson-Humphrey offered at par and interest. Co. Both issues were 2,999,985 Vanadium Corp. of America—It was announced Nov. 28 that Air Reduction Co., Inc., has agreed to purchase from the corporation for investment, subject to agreements on details and approval of counsel, $2,000,000 10-year *2M% conv. debentures at par and 28,571 shares of the authorized but unissued common stock (no par) at $35 a share. With the money received from the sale or these securities, Vanadium will pay off its existing $2,375,000 bank loans and enlarge and improve its manufacturing facilities. 2,070,000 Westvaco Chlorine Products Corp.—F. Eberstadt & Co., Inc., headed an underwriting group which on Nov. 4 publicly offered (less an 60,000 shares of $4.50 cumulative preferred stock shares issued in exchange for aggregate of 39,300 °}d 5% preferred and withheld by reason of conversion of such old preferred shares into common stock). The stock, priced at $100 a share and accrued dividends, has been over¬ subscribed. Others in the offering group included Eastman, Dillon & Co. and Lee Higginson Corp. 1.750,000 Sisters of St. Mary, St. Louis, Mo.—Dempsey-Tegeler & Co., St. Louis, offered $1,750,000 1st ref. mtge. serial bonds, due serially (M-N) from May 1, 1941, to Nov. 1, 1955. 13 MONTHLY EEVIEW Dec., 1940] 51,750,000 (L. C.) Smith & Corona Typewriters, Inc.—Offering was made Nov. 26 of $1,750,000 2% and 3% 10-year serial de¬ bentures by an underwriting group headed by F. S. Moseley & Co. and including Riter & Co.; Hemphill, Noyes & Co.; White, Weld & Co.; Coffin & Burr, Inc., and Brown & Co. The debentures, priced to yield approximately 0.75% to 3% to maturity, have been sold. The debentures become due serially Nov. 1, 1941-50. $3,000,000 South Carolina (State of) highway certificates of indebted¬ ness sold to Chemical Bank & Trust Co., New York, and associates, as 1Mb, at 100.195, a basis of about 1.47. Due serially from 1942 to 1951 incl. 2,000,000 Mississippi (State of) highway bonds, comprising $1,740,000 2Mb, due semi-annuaily from Aug. 1, 1961 to Feb. 1, 1963, and $260,000 2Mb, due Feb. 1, 1963, awarded to R. W. Pressprieh & Co. of New York and associates, at 100.01, a net cost of about 2.72%. The 2Mb were reoffered at a price of 101.50 and the 2 Mb at 99.50. $630,000 De Paul Hospital, St. Louis, Mo.—Dempsey-Tegeler & Co., St. Louis, are offering $630,000 1st & ref. mtge. bonds due quarterly, Feb. 1, 1941 to Nov. 1,1947. Maturities from Feb. 1, 1941 through Nov. 1, 1942, bear 2% interest from Nov. 1, 1940. Maturities from Feb. 1, 1943 through Nov. 1, 1945 bear 2H% interest from Nov. 1, 1940. Maturities from Feb. 1, 1946 through Nov. 1, 1947 bear 2 M % interest from Nov. 1, 1940. < _ 1,721,500 Volusia County, Fla., special tax school districts refunding bonds were sold to R. E. Crummer & Co. of Miami, at a price of 99. These bonds had previously been offered without . „ (State of) bridge revenue refunding bonds awarded to a group headed by Harris, Hall & Co., Chicago, as Is and 1Mb, at prices of 100.02 and 100.13. Offering con¬ 1,450,000 Kentucky 540,000 Buck Hill Falls Co.—E. H. Rollins & Sons, Inc., Philar delphia recently offered (to residents of Pennsylvania only) $540,000 1st mtge. serial 4% bonds. Dated Oct. 1, 1940; due $36,000 each Oct. 1. 1941-1955, both inclusive. s Purpose—Proceeds will be used to retire at sisted of $720,000 project No. 2 bonds and $730,000 project No. 13 bonds. 102 H the 1,250,000 West Virginia (State of) bridge bonds awarded to a group $598,000 1st mtge. 6% bonds due 1959. headed 402.500 La Salle Industrial Finance Corp.—Heinzelmann, Ripley & Co., Inc., New York, and Floyd D. Cerf, Chicago, on Nov. 25 offered 35,000 shares of class A stock and 35,000 shares of common stock in units priced at $11.50 each, the units consisting of one share of class share of common ($1 par). A stock ($2 par) and one by Young, Moore & Co. of Charleston, and associates, 100.005, a net interest cost of about 1.07%, as follows; $625,000 1 Mb, due 1942-1945 incl., and $625,000 Is, due from 1945 to 1947 incl. Callable on and after Jan. 1, 1944 at a at 475,000 Superior Tool & Die Co., Detroit, Mich.—Baker, Simonds & Co., Detroit, and Robinson, Miller & Co., Inc., New York on Nov. 13 offered at $2.375 a share, 200,900 shares of common stock of $1 par value, a share. 438,222 Chefford Master Mfg. Co., Inc., Fairfield, 111.—Public financing on behalf of the company was announced Nov. 14 with the public offering by Duryea & Co., New York, of 82,625 shares ($4 par) common stock and 16,110 warrants to purchase common stock. The common stock was priced at $6 per share, while the warrants were offered at 20 cents each. Of the common stock offered, 72,500 shares were sold for the account of the company. The remainder were sold for the account of the underwriters and certain stockholders only after the sale for the company was completed. Sept. 19 last. success on 1,500,000 Cincinnati, Ohio, 2M % flood protection bonds were sold to r the Treasury Investment Board of the city. price of 101. Reoffered according to maturity. yield from to 0.25% CHANGES IN NOVEMBER DIVIDEND Dividend favorable sections, The nature. November in declarations following divided Changes" "Favorable namely largely were list, of into a two "Unfavorable and Changes," gives the more important of the changes: * FAVORABLE CHANGES 304,500 Standard Aircraft Products, Inc.—Announcement of public financing of the company was made by Hill, Thompson & Co., Inc., New York. Nov. 12 with the offering of 40,000 units of preferred and common stock and 25,000 separate shares of its common stock. The units, consisting of one share of cumulative convertible preferred stock ($7.50 par) and M share of common stock (10c. par), were priced to the public at $7.55. 300,000 Equitable Credit Corp., Albany, N. Y.—Bean Brothers & Co., Inc., Albany, N. Y., recently offered at 100 and interest, $300,000 6% debentures. The offer is limited solely to re¬ sidents of New York State. The debentures become due Jan. 1, 1960. 300,000 Lutheran Deaconess Home and Hospital of Chicago— An issue of $300,000 4% 1st ref. mtge. serial bonds was offered at 101 and int. by B. O. Ziegler & Co. of West Bend, Wis. The bonds are due serially April 1,1941 to April I,1953. 300,000 Ramsey Accessories Manufacturing Corp., St. Louis—■ G. H. Walker & Co., Francis, Bro. & Co. and Stix & Co. have sold at par ($20) 15,000 shares of 6% cum. pref. stock. Offering was confined to residents of the State of Missouri. 227,000 St. Joseph's Hospital, Alton, 111.—Dempsey-Tegeler & Co.» St. Louis, offered $227,000 1st mtge. real estate bonds matur¬ ing annually May 15, 1941 through May 15, 1947. 195,000 Sisters of Divine Providence (St. Elizabeth Hospital), Granite City, 111.—Dempsey-Tegeler & Co., St. Louis, of¬ fered $195,000 1st and ref. mtge. serial bonds maturing semi¬ annually Oct. 1, 1941 through Oct. 1, 1952. 113,000 St. George's Roman Catholic Church, St. Louis, Mo.— Dempsey-Tegeler & Co., St. Louis, offered $113,000 1st and ref. mtge. serial real estate bonds of Joseph A. Siebert Pastor. The bonds become due annually Oct. 15,1941 through Oct. 15, , 1950. Abbott Laboratories—Extra dividend of 25c. regular quarterly dividend of 40c. payable Dec. 23. Aero a a share share in addition to the a on the common stock, both * Supply Mfg. Co.—Dividend on the class B stock increased from 25c. share to 30c. a share, payable Dec. 23. Agricultural Insurance Co.—Extra dividend of 25c. a share in addition to a regular quarterly dividend of 75c. a share on the common stock, both payable Jan. 2. Alabama Great Northern RR.—Dividends of $6 and on a share on the ordinary both payable Dec. 23. This compares with with $3 paid on June 28, last, and $5 on Dec. 23, 1939. the preferred stocks, compares Alpha Portland Cement Co.—Dividend of 75c. a share on the common Previously regular quarterly dividends of 25c. stock, payable Dec. 21. a share were distributed. Aluminum Co. of America—Dividend of $3 on the company's common stock, payable Dec. 12. This compares with $1 paid on Sept. 10, June 11 and on April 15, last. American Cyanamid Co.—Special dividend of $1.50 a share on the class A and class B common stock, payable Dec. 20 in shares of the company's 5% cumul. convertible preferred stock, third series, in the ratio of one share of preferred to each 6.2-3 shares of common stock. Fractional amounts will be paid in cash. This is in addition to a quarterly of 15c. a share in cash on the class A and B common stock, payable Jan. 2,1941, merican Gas & Electric Co.—Extra dividend of 40c. Eref. stockCo., Phoenix, Ariz. Stockpar ($10 bytoDahlberg, lurand & was recently offered at was offered residents only. 100,000 Marshall's U. S. Auto Supply, Inc., Kansas City, Mo.— James A. Ross& Co., Kansas City, Mo., offered at 100 and int. $100,000 15-year 6% sinking fund debentures, due Dec. 1, • American Laundry Machinery Co.—Extra dividend of 30c. a share in addition to the regular quarterly dividend of 20ci a share on the common stock, both payable Dec. 2. American Meter Co., Inc.—Dividend of $1 a share on the common stock payable Dec. 16. This compares with a regular quarterly of 7 $share distributed previously . common stock, payable Dec. a share on the 17. Arkansas -Missouri Power Corp.—Dividend of 40c. a share on the common stock, payable Dec. 16. This compares with 20c. paid Armstrong Rubber Co.—Initial dividend of $1 and B stocks, payable Dec. 20. a on share July 15, last. on the class A Associated Breweries of Canada, Ltd.—Dividend of 60c. a share on the common 1955. share and a regular quarterly of 40c. a share on the common stock, both payable Dec. 16. Anaconda Wire & Cable Co.—Year-end dividend of $1 100,000 Arizona Brewing Co.—An issue of 10,000 shares 7% cum. of Arizona 1.10%, to 1,050,000 Indiana State Toll Bridge Commission, Ind„ bridge rev¬ enue bonds awarded to John Nuveen & Co. and Morris Mather & Co., both of Chicago, as 3s, at par. Due from 1942 to 1960 incl. Bonds due in 1960 are subject to redemp¬ tion prior to that date. Dividends of 25c. stock, payable Dec. 21. preceding quarters. were paid in each of the three MUNICIP $12,096,000 INANCING Metropolitan Water District of Southern Calurorni-, Calif., 3% Colorado River water works refunding bonds pur¬ chased the Reconstruction Finance Corporation by Bros, of New York and associates, at a price of from Lehman 107.22, a basis of about 2.65%. Due serially from 1953 to 1988 incl. Reoffered at prices to yield from 2% to 2.75%, according to maturity. Sanitary District, 111., series D refunding bonds headed by the Harris Trust & Savings Bank of Chicago, as 2s, at 100^21 #'a basis of about 1.97%. Due Jan. 1, 1961. Optional at rate of $375,000 yearly on Jan. 1 from 1941 to 1960 incl., or on any interest payment dates thereafter. Reoffered at prices to yield from 0.50% to 2% to optional dates. sold to an account 6,600,000 Cowlitz County Public Utility District No. 1, Wash.. electric revenue bonds were purchased by a syndicate headed 8 by John Nuveen & Co. of Chicago. Issue embraced $2,285,000 3Mb, due 1943-1956 incl.; $1,984,000 4s, due 1956-1964 incl., and $2,331,000 4Ms, maturing from 1964 to 1970 incl. Non-callable prior to Oct. 31, 1944. Reoffered to yield from 2% to 3.75%, according to maturity. 6,000,000 Connecticut (State of), Groton-New London bridge bonds awarded to an account headed by Halsey, Stuart & Co., Inc., New York, as 1Mb and 1Mb, at 100.0016, a net interest cost of about 1.404%. Issue consists of $1,160,000 lHs, due 1944-1949 incl.: $2,640,000 1Mb, due 1950-1961 incl., and $2,200,000 lHs, due 1962-1971 incl. Bonds due 1968-1971 redeemable in inverse numerical order at par and accrued interest on Oct. 1, 1965, or on any subsequent interest date. Banking group reoffered the bonds from a yield of 0.50% to a price of 99.50, according to interest rate and maturity aate. 5,200,000 Chicago, 111., water works system certificates purchased by a syndicate managed by Halsey, Stuart & Co., Inc., New York as 2s, at 100.619. a basis of about 1.95%. Due from 1950 to 1957 Incl. Reoffered to yield from 1.50% to 2%, according to maturity. 3,000,000 St. Peterbsurg, Fla., water works revenue certificates sold to an account headed by Steifel, Nicolaus & Co. of Chicago, on a bid of 100.0001 for $1,200,000 2Mb, due 1941-1950 incl.* $240,000 2s, due in 1951 and 1952, and $1,660,000 2Mb, due 1953-1965 incl. Net interest cost about 2.46%. Reoffered to yield from 0.40% to 2.70%, according to maturity^ quarterly dividend of 50c. payable Dec. 31. Atchison Topeka & stock f share on the share and a regular stock, both Santa Fe Ry.—Dividend resumed on the common a share, payable Dec. 27. Last previous by the declaration of $1 Atlas Powder Co.—Dividend a a no par common distribution amounted to $2 a share and was made 75c. 8,424,000 Detroit, Mich., series G non-callable refunding bonds awarded to the First National Bank of New York and Halsey, Stuart & Co., Inc., New York, and associates, as 2Ks, 2Mb and 3s, at at 100.0038, a net interest cost of about 2.715%. The group purchased $4,025,000 3s, due 1941-1958 incl.; $1,000,0002^8, due in 1959. and $3,399,000 2 Hs, maturing from 1959 to 1961 incl. Reoffend from a yield of 0.30% to a price of 97, accord¬ ing to i nterest rate and date of maturity. 7,500,000 Chicago Associates Investment Co.—Extra dividend of $1 on the on no par common Sept. 1, 1937. stock increased from share to $2 a share, payable Dec. 10. Atlas Press Co.—Dividend share to 25c. a on the common stock increased from 15c. a share, payable Dec. 10. (W. H.) Barber Co.—Extra dividend of 25c. a share in addition to the regular quarterly dividend of 25c. on the common stock both payable Dec. 16. Bath Iron Works Corp.—Dividend on the common stock increased from 25c. a share to 50c. a share, payable Dec. 18. Beech-Nut Packing Co.—Extra dividend of 25c. a share and a regular quarterly of $1 a share on the common stock, both payable Jan. 2. A special dividend of $1 a share previously declared will be paid on Dec. 14. Belden Mfg. Co.—Dividend on common stock, $10 par, increased from 25c. a share to 35c. a share, payable Dec. 2. Bon Ami Co.—Extra dividends of $1.50 a share on the class A stock and an extra of 75c. a share on the class B stock, both payable Dec. 16. Borg Warner Corp.—Special dividend of 50c. a share in addition to the regular quarterly dividend of 25c. a share on the common stock, both payable Dec. 10. Boss Mfg. Co.—Dividend of $4 a share on the $100 par, common stock, paid Nov. 25, last. This compares with $2 paid in each of the three preceding quarters. Breeze Corp., Inc.—Dividend on the capital stock share to $1 a share, payable Dec. 11. Bridgeport Brass Co.—Dividend 25c. a share to 50c. a increased from 50c. a the common stock increased from share, payable Dec. 20. on Briggs & Stratton Corp.—Dividend 75c. a share to $1 a on the common stock increased from share, payable Dec. 16. Bristol-Myers Co.—Extra dividend of 15c. dividend of 60c. a share on a share and a regular quarterly the capital stock, both payable Dec. 2. Brock way Motor Co., Inc.—Extra dividend of 25c. a share and a dividend of 25c. a share on the common stock, both payable Dec. 16. Brunswick-Balke-Collender Co.—Dividehd of $1.25 a share on the common stock payable Dec. 16. This compares with $1 paid on Sept. 16, last. Bucyrus-Erie Co.—Dividend of 75c. a share on the common stock, payable Dec. 16. This compares with 25c. paid on July 1, last, and 50c. paid on Dec. 15, 1939. Buda Co.—Dividend of 25c. a share was paid Nov. 26. Last previous payment was made on May 22, 1939 and amounted to 12He. a share. Bullard Co.—Dividend on the common stock increased from 50c. to 75c. a share, payable Dec. 21. a share MONTHLY REVIEW 14 Giddings & Lewis Machine Tool Co.—Stock dividend of 100% and a cash dividend of 75c. a share were declared on the capital stock both payable Dec. 6. and a regular quarterly both payable Dec. 14. Bulova Watch Co.—Extra dividend of $1 a share dividend of 50c. a share on the common stock, (F.) Burkhart Mfg. Co.—Dividend on the $1 par, common stock increased from SI a share to $1.50 a share and was paid on Nov. 26, last. the common stock, payable Glen Alden Coal Co.—Dividend on the no par, common from 37Kc. a share to 50c. a share, dividend of $1.50 a share Canada Foundries & Forgings, Ltd.—Initial on the class B stock, payable Dec. 18. payable (Philip) Carey Mfg. Co.—Ten quarterly back dividends of $1.25 each were declared on the 5% preferred stock, payable Dec. 20. A dividend of $1.25 was also declared for the current quarter and becomes payable to the regular quarterly dividend stock, both payable Dec. 2. <J. I.) Case Co.—Dividend of $3 a share on the common stock, payable Dec. 24. This will be the first dividend paid on the common stock since October, 1938, when a distribution of $5 a share was made. Harbison-Walker Refractories Co.—Dividend of 50c. a share on the common stock, payable Dec. 2. This compares with 25c. a share paid •• on paid was Clark on Ry.—'Dividend of $5 a share A distribution of $3 the year paid a share and a regular quarterly both payable Dec. 16. Corp.—Dividend of $21.10 a share on the no A dividend of $5.70 a share was a dividend of $3 and the regular share in 1939. 1940. Dividends of 45c. preceding quarters. Colombian Carbon share a were Co.—Year-end of $1 a Consolidated paid these shares in each of the on of dividend $1.60 share a on the Previously regular quarterly dividends stock, payable Dec. 10. share were distributed. common Investment Trust—Special dividend of 25c. in addition to a regular quarterly dividend of 30c. a share on the capital stock, both payable Dec. 16. Consolidated Mining & Smelting Co. of Canada, Ltd.—Extra dividend of 75c. a share in addition to the regular semi-annual dividend of 50c. a share the capital stock, par $5, both on payable Dec. 31. Consolidated Paper Co.—Dividend on the common stock increased from 25c. a share to 50c. a share, payable Dec. 1. Continental Dec. 16, both Casualty and the on Co.—Extra of 30c. dividend stock. Cook Paint & Varnish Co.—Extra dividend of 10c. quarterly dividend of 20c. on Nov. Copper share, payable payable Dec. 1, a regular quarterly of similar amount, a common share a the on share and a stock, both common regular paid a were Range Co.—Dividend resumed the on by stock common the declaration of 30c. a share, payable Dec. 16, next. The last previous payment amounted to 50c. a share and was made on Dec. 22, 1936. Cornucopia Gold Mines—Initial dividend of three cents a share on the stock, payable Dec. 16. Curtiss-Wright Corp.—Initial dividend of 50c. the on common share a on share payable Dec. 14, a stock. Casting Co.—Dividend share to 50c. a a on the common stock increased from share, payable Dec. 24. Dolese & Shepard Co.—Dividend of $1 a share was paid Nov. 1, last on the common stock. Last previous payment amounted to $1 a share and was made on Dec. 10, 1938. Dr®P®r CorP-—Two extra dividends of $1 each and of 75c. a share extra are on payable the on a The regular stock. regular quarterly dividend and one Jan. 2, 1941 and the other extra is payable on Dec. common 13, next. Dwight Mfg. Co.—Dividend of $1 a share was paid on Nov. 27. on a share on the capital stock, par $12.50 A dividend of 50c. a share was distributed Dec. 29, 1939. regular quarterly dividend of 25c. payable Dec. 2. share a share in addition to the the common stock, both a on Elizabethtown Consolidated Gas Co.—Extra dividend of $1 Dec. 2, on the common stock. Empire Capital Corp.—Extra dividend of five cents quarterly dividend of 10c. payable Nov. 30. a share a share and share a Essex Co.—Extra dividend of $1 share on the common a regular both the class A stock, par $5, on on the Faultless share in addition to a dividend of $1.50 Dec. 2. (Syracuse, N. Y.)—Dividend of 20c. stock, payable Dec. 23. on June 28, last. common of 15c. was a stock both payable Excelsior Insurance Co. A regular semi-annual a share dividend paid Rubber Co.—Extra quarterly of similar amount dividend on the 25c. of common Federal Bake Shops—Dividend of $1 a share share and regular stock both payable Jan. 1. a the on common a stock, against $1 last year. Federal Compress & Warehouse Co.—Extra dividend of 25c. a share and a regular quarterly of 50c. a share on the common stock, both were payable Nov. 30. Federal Mining & Smelting Co.—Dividend of $1 stock payable Dec. 20. Z[), last, ' This stock, payable Dec. 16. a share on the common compares with 5Cc. a share Gaylord Container Corp.—Dividend of 55c. last a A distribution of 25c. paid on Sept. share on the common made on Sept. 16, was General Box Co.—-Extra dividend of 6c. t? a share in addition to the regular dividend of $2 a share on the common stock, both payable r>nnu 20* General Cigar Co.—Extra dividend of $1 in addition to the regular pay¬ ment of 25c. a share on the common stock, both payable Dec. 20. This brings 1940 payments on common to $2 against $1.75 in 1939. General Electric from 35c. a Co.—Dividend share to 80c. a on the no par common stock increased share, payable Dec. 20. General Railway Signal Co.—Dividend on the common stock of 50c. a share payable Dec. 24. This compares with 25c. a share previously on the issue on April 1, 1938. Refractories Co.—Dividend on the common from 25c. a share to 50c. a share, payable Dec. 21. share Telephone Corp.—Quarterly dividend to 35c. a share, payable Dec. also declared on the issue paid Nov. Intertype Corp.—Dividend on the common stock share to 30c. a share, payable Dec. 16, Iron Fireman Mfg. Co.—Extra dividend of 25c. a increased from 20c. a share on the common stock, payable Dec. 20. Jaeger Machine Co.—Dividend of 50c. a share was paid Nov. 25 on common stock. This compared with 25c. a share paid on March 1. Kennecott Copper Corp.—Special dividend of 75c. a share dividend of 25c. a share on the no par, common stock, the and a regular both payable Dec. 24. Keystone Steel & Wire Co.—Dividend on the no par common creased from 20c. a share to 30c. a share, payable Dec. 16. stock in¬ Kmberley-Clark Corp.—Extra dividend of 50c. a share in addition to the regular quarterly dividend of 25c. a share on the common stock. The extra will be paid on Dec. 26, next, and the regular quarterly on Jan. 2, 1940. * • " Knudsen Creamery Co.—Initial semi-annual paid Nov. 11 on the common stock. dividend of 20c. a share regular stock, both payable Lane-Wells Co.—Extra dividend of 25c. a share in addition to the quarterly dividend of 25c. a share on the common Dec. 15. Libbey-Owens-Ford Glass Co.—Dividend of $2 a share on the no par common stock, payable Dec. 16. This compares with 5Cc. paid in each from 15c. ^0c. a share, payable Dec. 13. Corp.—Extra "Christmas" dividend of 25 cents on the common Line Material Co.—Dividend on the common stock increased share to Lionel Ludlow Mfg. Associates—Dividend on the common $2 a share to $4 a share, payable Dec. 2. payable on 14. the stock increased from Magma Copper Co.—Year-end dividend of $1 a share on the $10 par com¬ mon stock payable Dec. 16. This compares with 50c. paid in each of the three preceding quarters. (P. R.) Mallory & Co.—Dividend of 40c. a share on the common stock payable Dec. 10. Previously regular quarterly dividends of 20c. a share were distributed. Manhattan Shirt Co.—Extra dividend of 25c. a share in addition to the share, as erroneously both payable Dec. 2. Asphalt Corp.—Extra dividend of 20c. a share on the common in addition to the regular quarterly dividend of 10c. a share, regular quarterly dividend of 20c. a share (not 25c. a reported in last month's issue) on the common stock, Mastic stock payable Dec. 16. Steel Corp.—Dividend of 40c. a share on the common stock A distribution of 35c. a share was paid on May 29 last. McLouth payable Dec. 17. Mead a share on the common stock payable This will be the first paid since Dec. 20, 1937, when 50c. a Corp.—Dividend of 25c. Dec. 10. Textile Corp.—Dividend of 15c. a share on the common payable Dec. 2. A dividend of 10c. was paid on June 1, last. Metal a stock, Copper Co.—Dividend on the common stock increased from share to 25c. a share, payable Dec. 26. Miami 20c. Michigan Public Service Co.—Initial dividend of 25c. a share on the common stock payable Dec. 1. Midwest Oil Co.—Participating dividend of 9c. a share, in addition to the 8% preferred stock, regular semi-annual dividend of 4c. a share on the $1, both payable Dec. 16. par Piping & Supply Co., Inc.—Dividend on the common stock increased from 25c. Mohawk to 50c. a share, a snare payable Dec. 14. Carpet Mills, Inc.—Dividend on the common stock a share, payable Dec. 13. increased from 25c. a share to 50c. (John) Monell & Co.—Extra dividend of 75c. a share on the common stock* payable Dec. 18. Mountain from 15c. City Copper Co.—Dividend on the common stock a share to 25c. a share, payable Dec. 20. increased Murray Corp. of America—Dividend of 25c. a share was paid on Nov. 30, last, on the common st9ck. This represented the first paid since Dec. 20, 1937, when a similar amount was disbursed. Muskegon Piston Ring Co.—Dividend a on the common share, payable Dec. 14. stock increased National Aviation Corp.—Dividend on the common stock 25c. a share to 50c. a share, payable Dec. 16. increased from National Container Corp.—Special dividend of 25c. a share and a regular of like amount on the common stock, both payable Dec. 16. Natomas Co.—Company increased 20c. to 25c. a share and declared its an regular common dividend from extra of 20c. a share, both payable Dec. 27. from 50c. a share to 75c. a on the common stock increased share and became payable Nov. 18. England Telephone & Telegraph Co.—Dividend of $2.25 a share on the common stock payable Dec. 24. A dividend of $1.50 were paid on New Sept. 28 and June 29, last. Newmont General Oeneral a regular stock, both payable share and a Naumkeag Stearm Cotton Co.—Dividend General Fire Extinguisher Co.—Dividend on the no par common stock increased from 15c. a share to 40c. a share, payable Dec. 16. distributed of $1 dividend 28, last, on the common stock. from 25c. a share to 40c. • U0C. Co.—Extra International Shoe Co.—Extra dividend of 25c. a share was Midwest con- °1 25c. regular and an extra of 75c. a share, payable Dec. 31, xTi1'8 makes a total distribution of $1.50 a share for the year, * Salt Dec. 16. share was distributed. were a International both Electrographic Corp.—Extra dividend of 50c. will be paid paid on June 30, stock, payable Dec. 18, 1940. on the common stock increased from 15c. payable on Nov. 25, last. to 25c. a share and became 25c. of $1.20 a share on the common The last previous dividend was one of 20c. a 1939. Intercontinental Rubber Co.—Dividend on the common stock increased from 20c. a share to 40c. a share, payable Dec. 16. a (L. A.) Darling Co.—Dividend Doehler Die paid on Sept. 3, last. of the three preceding quarters. Cuban-American Manganese Corp.—Initial dividend of 50c. the common stock, payable Dec. 27. next was was 30. common ■ quarterly dividend of 37J^c. a share on the common Columbia Broadcasting System, Inc.—Cash dividends of 65c. a share on the present class A and B stock of %2H par value, payable Dec. 6, three stock, both payable stock, payable Dec. 20. quarterly dividend of 50c. on the common stock. Both become due on Dec. 21 and bring total disbursements for the year to $6 a share as compared with $4.50 share and a regular a (Henry) Holt & Co., Inc.—Dividend of 60c. a share on the $1.80 cumul. partic. class A stock, no par value, payable Dec. 2. A dividend of 10c. share Colt's Patent Fire Arms Mfg. Co.—Extra of 50c. Houston Natural Gas Corp.—Dividend stock, payable Dec. 16. Oct. 1, last. on dividend 20. Dec. Coca-Cola Co.—Year-end dividend of $2 International Co.—Extra quarterly dividend of 50c. a share on the common Cluett, Peabody & Co., Inc.—Final year-end dividend of $1.25 a share on the common stock, payable Dec. 24, 1940. par common increased par, 1938. Furnace Holland quarters. , share in addition to the regular payable Dec. 16. Heywood-Wakefield Co.—Dividend of 94c. a share on the preferred B stock, payable Dec. 1. This payment clears up dividend arrearages of Equipment Co.—Dividend of $1.25 a share on the common stock, This compares with 75c. paid in the two preceding Coca-Cola March 1, last. Hecla Mining Co.—Dividend on the common stock of 25c. from 15c. a share to 25c. a share, payable Dec. 14, next. payable Dec. 16. of 75c. a share on the common stock, Aug. 31, June 1 and dividend of 50c. a quarterly dividend of 75c. a share, both Hazeltine Corp.—Extra shares, payable Dec. 20. June 26, last. the $20 par common on Co.—Dividend of 50c. a share declared payable This will be the first paid since Dec. 20, 1937, when $2 a share was disbursed. the common $33.25 a share were paid on Sept. Cincinnati New Orleans & Texas Pacific Ry. Dec. 24, on the preferred stock. Christiana Securities Co.—Dividend of $34.75 a share on stock, payable Dec. 16. Dividends of 16, June and March 15, last. Northern Great share and a regular The extra quarterly dividend of 12He. a share on the common stock. is payable Dec. 20 and the regular becomes due on Dec. 16. dividend of 50c. a share in addition of 50c. a share on the $25 par, common Great Northern Paper Co.—Extra Dec. 31. Central Cold Storage Co.—Extra dividend of 25c. a stock increased from 30c. a share (B. F.) Goodrich Co.—Dividend of 50c. a share on the common stock, payable Dec. 20. This will be the first dividend paid on the common shares since Dec. 18, 1939, when $1 a share was distributed. Dec. 31. on stock increased payable Dec. 20. Glidden Co.—Dividend on the common to 40c. a share, payable Dec. 28. Canadian Celanese, Ltd.—Extra dividend of 40c. a share on the common stock together with the regular quarterly dividend of 25c. a share. Both dividends become declared on Machine Co.—Initial dividend of 35c. a share was Dec. 16. Gisholt stock increased California Ink Co.—Dividend on the no par common from 62Hc. a share to 75c. a share, payable Dec. 20. stock increased An extra of 15c. same date. increased from a 30c. share a was Mining Corp.—Year-end dividend of $1 a share on the capital stock, payable Dec. 14. A dividend of 37)^c. and an extra of 12Hc. were paid on the new shares outstanding on Sept. 16, last. New York Air Brake Co.—Dividend of $1 a share on the common stock, payable Dec. 16. This compares with 50c. a share paid on Nov. 1 and each three months previously. 15 MONTHLY REVIEW Dec., 1940] 75c. a share on the common 50c. paid on July 1, last. Worth American Aviation, Inc.—Dividend of stock, payable Dec. 24. This compares with Northland Greyhound Lines, Inc.—Dividend common stock, payable Dec. 2. This compares of $1.50 a share on the with $1 paid on April 24 last. United Gas & Electric Corp. (Conn.)—Dividend on the no par common stock increased from 80c. a share to 88c. a share, payable Dec. 14. United Illuminating Co.—Dividend of $2 a share on payable Dec. 28. An extra of 50c. and a paid on Oct. 1, last. the common stock, regular quarterly of $1 were States Graphite Co.—Dividend on the $5 par common increased from 20c. a share to 25c. a share, payable Dec. 14. United Engineering Co.—Dividend of $1.25 a share on the common This compares with 50c. paid on Nov. 1, last. Northwest stock, payable Dec. 20. Corp.—Dividend on the common stock increased from five share and became payable Nov. 9. Nu-Enarnel cents a share to seven one-half cents a •Ohio Oil Co.—Dividend to 25c. Ohio on the common stock increased from 20c. a share creased from 50c. share to $1 a a the $5 par, common share, payable Dec. 14. Co.—Dividend Seamless Tube on stock in¬ Package Machinery Co.—Special dividend of $1 a share on the common stock, payable Dec. 16. of $1 of no share on the common stock a next. Indemnity Co.—Extra dividend of 20c. a share in addition to regular quarterly dividend of 40c. a share on the $10 par, common stock, both payable Jan. 2. the payable Corp.—Dividend of 20c. a share on the common stock, A dividend of 10c. a share was paid on Dec. 26, 1939. Dec. 14. Pennsylvania Glass Sand Corp.—Dividend of $1 a share on the common stock voting trust certificates, payable Dec. 16. This compares with* 75c. paid on Dec. 20, 1939. Pennsylvania RR.;—Dividend of $1 share on the capital stock, par a $50, June 26, last. This compares with 50c. paid on payable Dec. 18. payable Jan. 15, next. Pittsburgh & Lake Erie RR.—Dividend of $3.50 a share on the $50 par, capital stock, payable Dec. 16. This compares with $2 paid on June ' 15, last. Pittsburgh Plate Glass Co.—Dividend share to $2 a a on a share in addition to a regular share on the common stock, both payable a Dec. 16 • Purity Bakeries Corp.—Dividend on the common stock increased from 25c. a share to 35c. a sha^e, payable Dec. 2. 1 Ralston Steel Car Co.—Dividend on the common stock of 50c. a share was paid on Nov. 30, last, and compares with 40c. a share previously paid Dec. 28, 1937. on Raybestos-Manhattan, Inc.—Dividend of 75c. a share was declared on the common stock, payable Dec. 16. Previously regular quarterly dividends of 25c. share a were distributed. Republic Steel Corp.—Dividend of 40c. a share on the common stock, payable Dec. 27. This will be the first common dividend paid by the corporation since 1930, when $1.24 a share was disbursed. Ruberoid Corp.—Dividend of $1 a share on the capital stock, payable A distribution of 30c. a share was made on June 28, last. Safeway Stores, Inc.—Dividend of $1.25 a share on the common stock, payable Dec. 20. The company stated that part of the dividend is to be deemed the usual quarterly payment of 75c. a share ordinarily due on Jan. 1, 1941, while the balance is to be considered as an extra San-Nap-Pak Mfg. Co., increased from 10c. Inc.—Dividend share to 15c. a on the $1 share, payable a dividend. Dec. 16. divi¬ Mining Co.—Dividend of 15c. share on the capital a This compares wtih 10c. paid on May 31, last. Shell Union Oil Corp.—'Dividend of 50c. a share on the common stock, payable Dec. 20. In July an interim dividend of 25c. a share was paid, making 50c. total of 75c. a share a a share for the year as compared with a total of disbursed in 1939. & Steel creased from 60c. a Co.—Dividend share to 70c. Solar Aircraft Co.—Dividend to ten cents a the no par common stock in¬ share payable Dec. 14. a on on the stock increased from five common share, payable Dec. 16. South Penn Oil Co.—Extra dividend of $1 a share and a regular quarterly dividend of 37Hc. a share on the $25 par, capital stock, both payable Dec. 20. St. Joseph Lead Co.—Dividend 50c. share to $1 a a the common stock increased on Norman from share, payable Dec. 20. Standard Brands, Inc.—Extra dividend of 10c. a share and a regular quarterly dividend of similar amount on the common stock, both payable Jan. 2. regular semi-annual dividend of 50c. both payable Dec. 16. share a on a share and of 50c. a share on the common the $25 par, capital stock, Co. of Ohio—Regular quarterly dividend of 25c. a share special dividend of $1 a share on the common stock, both payable a Dec. 14. Stearns Mfg. Co.—Initial quarterly dividend of 10c. par, common Sterchi Bros. a share the $1 on stock, payable Dec. 10. Stores, Inc.—Dividend of 30c. stock, payable Dec. 19,1939. 14. share on the This compares with 20c. a share paid a common on Dec. Stone & Webster, Inc.—Dividend of 5Cc. a share on the common stock, payable Dec. 16. A distribution of 25c. a share was previously paid on Nov. 15, 1939. Sylvania Industrial Corp.—Extra dividend of 25c. a share and a regular quarterly dividend of like amount on the common stock, both were payable Nov. 26, last. Talon, Inc.—Regular quarterly of 60 cents and an extra of one share of $10 par 4% non-voting preferred on every 10 shares of common held. Both are payable Dec. 16 to holders of record Nov. 20. Although authorized, no preferred stock has been issued heretofore. The preferred is callable at par. An extra dividend of $1.65 per share was paid on Dec. 26, 1939. Tennessee Alabama common & Georgia Ry.—Dividend of 35c. a share on the stock, payable Dec. 1. A dividend of 25c. was paid a year ago. Tennessee Corp.—Two dividends of 25c. a share each were declared on the capital stock, one payable Dec. 11, and the other on March 12, 1941. These dividends will be the first paid since Dec. 23, 1937, when 10c. a share was distributed. Gulf Sulphur Co.—Special dividend of 25c. a share in addition customary quarterly dividend of 50c. a share on the company's capital stock, payable Dec. 16, 1940. Texas to the Title Insurance Corp. of St. Louis—Dividend of 50c. a share was paid Nov. 30, last on the common stock. A distribution of 25c. was made on Aug. 31 last, and previously regular quarterly dividends of 12^c. a share were distriouted. Todd Shipyards Corp.—Dividend on the common stock of no par value increased from $1.75 a share to $2.00 a share, payable Dec. Twin Coach Co.—Dividend of 70c. Dec. 20. . This compares with 50c. a a share United $1.50 Aircraft a the common 16. stock payable on the common stock increased payable Dec. 16. Corp.—Dividend on the capital stock increased share to $2 a share, payable Dec. 16. payable Viking Pump Co.—Dividend of 50c. a share on the no par common stock, payable Dec. 15. Dividends of 40c. were paid in each of the three preceding quarters. Corp.—Initial dividend of 10c. a share on the common stock, pay¬ The above company was formerly the Vinco Tool Co. of able Dec. 20. Detroit. ~. Vulcan Detinning payable share Dec. were 20. Co.—Dividend of $2.50 a share on the common, stock Previously regular quarterly dividends of $1.50 a distributed. Co., Agricultural Nov. 30 on Ltd.—Dividend of 60c. a share was paid share distributed the capital stock and compares with 50c. a Aug. 31, last. Union Western Co., Inc.—Dividend of $1 a share on the 16. This will be the first paid since July made. Telegraph stock, payable Dec. common 15, 1937, when a regular quarterly of 75c. a share was Westinghouse Air Brake Co.—Year-end dividend of 75c. a share on the common stock, payable Dec. 14. Regular quarterly dividends of 25c. a share previously declared will also be paid on Dec. 14. Westmoreland Coal Co.—Dividend of $1.50 payable Dec. 14. a share on the common stock, This compares with 50c. a share paid on June 28, last. Electrical Instrument Corp.—Dividend of $1 a share on the new common stock, payable Dec. 10. This compares with 50c. paid on Sept. 10 and June 10, last. Weston West Virginia Pulp & Paper Co.—Dividend of 40c. a share on the com¬ stock, payable Jan. 2. Wisconsin Public Service stock increased from 10c. a Corp.—Dividend on the $10 par, common share to 30c. a share, payable Dec. 10. Wolverine Portland Cement Co.—Dividend of 15c. a share on the com¬ mon stock, payable Dec. 16. This will be the first dividend paid on since 1930, when a distribution of 60c. a share was made. common Wright Aeronautical Corp.—Dividend on the common stock from $2 a share to $4 a share, payable Dec. 14, next. increased and a regular quarterly dividend of 15c. a share on the common stock. The special dividend will be paid on Dec. 18 and the regular dividend on Jan. 2, Yale & Towne Mfg. Co.—Special dividend of 40c. a share 1940. mon stock, payable Dec. 16. Dividends of 25c. a share were paid in UNFAVORABLE CHANGES Bangor & Aroostook RR.—Directors on Nov. 27 voted to defer payment of the Jan. 1 quarterly dividend of $1.25 a share on the 5% preferred stock. Quarterly dividends of $1.25 a share have been paid regularly on the 5% preferred stock. - Brewing Corp. of America—Dividend on the common stock reduced from 15c. share to a 10c. a share, payable Dec. 14. Gamewell Co.—No action taken on the declaration of common dividends at this time. A distribution of 50c. a share was made on Sept. 16, last. International Petroleum, Ltd.—Dividend of 50c. a share on the common stock, payable Dec. 2. A regular semi-annual dividend of 75c. a share was paid on June 1, last. Pneumatic Scale Corp., Ltd.—Dividend of 30c. a share on the common stock, payable Nov. 23. This compares with 40c. paid on Oct. 21, and June 1, last. Power Corp. common of Canada, Ltd.—Interim dividend of 15c. a stock for the six months' period ending Dec. 31, share on the 1940. This semi-annual dividend is payable Feb. 1, 1941 and compares with previous disbursements of 30c. a share. Southington Hardware Co.—Dividend on the common stock decreased from 25c. a share to 12Hc. a share and became payable Nov. 1, last.Swan Finch Oil Corp.—Dividend payable Dec. 18. of 10c. a share on the common stock, This compares with 20c. paid on Feb. 15, last and June 25, 1937. on COURSE from OF • THE STOCK MARKET DURING ' The November stock market was NOVEMBER taken out of the common of markets in recent months by developments the results of the nationwide voting on Nov. traceable to 5. The first response in the stock market to the reelection of Mr. Roosevelt to a third term was a heavy fall in prices. But on Nov. 7, as the New Deal's chief fiscal officer, Secretary of the Treasury Henry Morgenthau Jr., discussed the magni¬ tude of the projected expenditures for defense purposes, the market experienced a brief, sharp rally, to the accompani¬ run ment of increased turnover. But the the end of election week and from then the market displayed month a bulls on were done by to the close of the sagging tendency in prices and trading interest. But while it lasted the post-election rally was the most The defeat at the polls on Nov. 5 of Wendell L. Willkie, the Republican candidate, left the invest¬ ment community disheartened and spiritless, and these feel¬ ings were imparted to share prices, which on the average fell 2.13 points on Nov. 6. On the following day the market was ambling along "with no well-defined direction when sud¬ denly the news came over the wires from Washington that Secretary of the Treasury Morgenthau was planning, on behalf of the Administration, to ask the next Congress to raise the statutory debt limit to $60,000,000,000 or $65,000,000,000 and terminate tax-exemption on future issues of spirited in months. Government securities. The remarks voked share paid on Dec. 22, 1939. Underwood Elliott Fisher Co.—Dividend from 50c. a share to 75c. a share, on stock, both were payable Dec. 1. Veeder-Root, Inc.—Dividend of $2 a share on the common stock, Dec. 16. This compares with $1 a share paid on Sept. 16, last. a Standard Oil and quarterly Van Raalte Co.—Extra dividend of 25c. a share and a regular 25c. Standard Oil Co. of New Jersey—Extra dividend of 25c. Co.—Dividend on the common stock in¬ payable Dec. 20. Tool Machine creased from 40c. a share to $1 a share preceding quarters. Scranton Lace Co.—Dividend on the common stock increased from 50c. a share to $1 a share, payable Dec. 14. Simonds Saw Corp. of America—Dividend on the common stock of $1.50 Dec. 14. A distribution of $1 a share was made on quarterly of Scott Paper Co.—Quarterly dividend of 40c. a share and an extra dend of 25c. a share on the common stock, both payable Dec. 16. stock, payable Dec. 20. share on the common a Youngstown Sheet & Tube Co.—Dividend of 50c. a share on the com¬ stock common par Schiff Co.—Extra dividend of 50c. a share and a regular 25c. a share on the common stock, both payable Dec. 15. Shattuck-Denn Van mon <H. H.) Robertson & Co.—Extra dividend of 25c. a share in addition to the regular quarterly dividend of like amount on the common stock, both payable Dec. 16. Dec. 20. of $1 share, payable 15, 1939. a on Progress Laundry Co.—Extra dividend of 25c. a share and a regular quarterly of 20c. a share on the common stock, both payable Dec. 2. quarterly dividend of 25c. Tobacco Co.—Dividend States payable Dec. 16. The company has been paying 32c. a share quarterly, with year-end dividends of 80c. a share in December, 1939. stock, Waialua stock the $25 par, common share, payable Dec. 23. Pullman, Inc.—Extra dividend of 50c. . United Vinco Peoples Gas Light & Coke Co.—Extra dividend of $1 a share, payable Dec. 16. Regular quarterly dividend of 50c. a share was also declared, increased from $1 and stock, both payable Dec. Pacific Pennroad regular quarterly of 50c. a share on the common Dec. 20. Vanadium Packer Corp.—Extra dividend par value, payable Dec. 10, & Foundry Co.—Extra dividend of 50c. a share United States Pipe a share, payable Dec. 14. a shares Co.—Extra dividend of $1 a share in addition to the regular quarterly dividend of 50c. a share on the common stock. The extra will be paid on Dec. 24 and the regular quarterly on Dec. 31. U. S. Gypsum a by Secretary Morgenthau reaction in the market which to on the debt seemed many pro¬ sur¬ By calling attention, just after the election, to the fact that the New Deal was going to continue to spend a lot of money, Mr. Morgenthau made possible on Nov*. 7 a rise prising. in stocks of 2.71 points, with the previous day's recession The first impression created in the market by his remarks was that the spending of so vast an amount of money by the Government would make not only for a very active state of business but also for an inflationary rise in commodity prices., Moreover, his advocacy of ending tax exemption on future issues of Government securities was interpreted in some quarters as a move which might divert to the stock market investment interest now centering on tax-exempt issues of the Federal Government, States and municipalities. The surprising element in the market's reaction 4o Mr. Morgenthau's re¬ marks lay in the circumstance that Chief of Staff Marshall had said previously that something like $100,000,000,000 would be required to give the United States land armament equal to Germany's. Mr. Morgenthau spoke only of a $15,000,000,000 to $20,000,000,000 rise in the statutory debt limit to take care of defense borrowing through the 1942 fiscal year, and yet the market temporarily^was strongly wiped out by a comfortable margin. its opening level 12. at New Day onward the market was in a declining phase, induced in part by the growing realization of the inroads being made into corporate income by heavier taxation and in part by the resumption by Germany of smashing air attacks against British cities. Stock prices, according to the average of 50 issues compiled by the New York "Times," declined 4.36 points in November, bringing the average down to the 93.66 level, the lowest closing figure for any month since July. This decline followed five consecu¬ tive monthly advances in the average. Among the major stock groups, the utilities and store stocks proved to be the weakest. The utility shares were under especial pressure when Mr. Willkie failed of election, while the store stocks were the outstanding example of the blow dealt to old-line companies by the increased taxes. Virtually every stock group was lower, the outstanding exceptions being the oils, reached its sale of 1534 on Nov. 1. Southern Pacific opened 9%, advancing Nov. 12 to 10, only to later react on Nov. 28 to 8% and finish the month on Nov. 30 a trifle improved at 8%. Northern Pacific, after opening at 7% on Nov. 1, reached its peak Nov. 12 at 8% and its low point at 6% on Nov. 6; it closed below its opening sale and high point of the month at 6% on Nov. 30. Union Pacific declined from 86 on Nov. 12 to 78% on Nov. 29. Its open¬ ing sale was consummated at 82% on Nov. 1 and its closing opening Nov. 1 at sale Nov. 30 at 79. on In the following table rent month of we indicate the 10 each of the more range for the cur¬ active foreign, railroad and industrial bonds: Nov. 1 Bonds Range During Nov., Nov. 30 1940 Opening Closing Price stimulated. From about Armistice York Central top figure Nov. 12 at 16%; its low point of the month Nov. 6 at 13% and it closed on Nov. 30 at 13%, down from its Lowest Price Highest Foreign Governments— Argentine 4s_ ...Feb. 1972 61 60 92 Nov. 6 11% Nov. 4 1977 12 % 92% 53% Denmark 6s 1942 36% German 5%s stamped 1965 14 Italy 7s 48 13% Nov. 19 43% Nov. 30 64 64 Norway 4%s 1951 1954 1965 1960 33% 6% 30% Nov. 25 Peru 6s Brazil 6%s of 1926 1957 Canada gold 4s 1960 Cuba 4%s 6%s Japanese Nov. 29 53% Nov. 1 30% Nov. 27 6 Nov. Nov. 1 4 64% 14% 95% 54% 41 14% 49% 72% 33% 7% 62 13 22 15 20 Nov. Nov. Nov. Nov. Nov. 15 Nov. Nov. 14% 43% 6 8 Nov. "32%" 8 Nov. 13% 92% 1 68% Nov. 15 Railroads— Chic Milw St P & Pac 5s 1975 Chic & North Western 4%s__1949 Delaware & Hudson 4s ..1943 Erie 5s series 1930 1975 Great Northern 4s series G..1946 4% 1% 53 16% 105% 9 4% Nov. 2 Nov. 7 48% Nov. 54 Nov. 8 17% Nov. 7 Nov. 9 Nov. 8 1% 48% 17% 104% 56% Nov. 3% Nov. 1 15% Nov. 104 Nov. New York Central 4%s 2013 N Y Chicago & St L 4%s..._1978 58% 55% Nov. 59% 56% Nov. Northern Pacific 6s series B..2047 64 61% Nov. St Louis-San Francisco 4%s_1978 Southern Ry 4s 1956 5% Nov. 107 58 53% Nov. 60% 61% 65% 9% 58% 8 55% 50% Nov. 55% Nov. 13 50% 9% 8% Nov. 7 57% Nov. 8 Nov. 2 62% 8% Nov. Industrials— railroad Amer & Foreign Power 6s 2030 51% Amer Tel & Tel 3%s Bethlehem Steel 3%s 1961 1952 7 1961 106% Nov. 104% Nov. 109% Nov. Columbia Gas & Elec 5s 109% 106% 104% 109 a 105 Nov. 7 Commonwealth Edison 3%s_1958 Internat Tel & Tel 5s 1955 121% 113%-Nov. 23% Nov. 122 Nov. 4 25% 1967 106% 106% Nov. 27% Nov. 106% Nov. 8 Philadelphia Co 5s 4 106% Portland General Elec 4%s__1960 Third Ave Ry adj 5s 1960 75% 74% Nov. 18% 104% 104% Nov. equipments and coppers. Owing to the fact that trading in the stock market was at fairly brisk pace in the first half of November, share turn¬ over for the month came to 20,887,311 shares, the largest total since May. It compares with turnover of 14,489,085 shares in October and with 19,225,036 shares in November, 1939. Bond transactions on the New York Stock Exchange also were the largest since May, the total being $159,006,000. In the stock market there was one day of better than 2,000,000 shares—that day being Nov. 7—and nine days of sales of between 1,000,000 and 2,000,000 shares. Aided by defense spending and British buying, industry was very active in November—more active than ever be¬ fore, according to some business indexes, more active than 1929 according to others. Steel, again the leader of indus¬ try, closed the month with operations at 96.6% of capacity. In the bond market the outstanding performance was in Government securities, which surged ahead following the declaration by Secretary Morgenthau of intention to ask Congress to end tax exemption of future issues of govern¬ ments. If Congress should accede to the Secretary's request, outstanding issues would have something of a premium value over new issues. Treasury bonds in November moved up more than two points to the highest levels on record, and State and municipal issues made smaller advances. Cor¬ porate issues of the highest grade were generally firm, but the more speculative issues, particularly the second grade rails, did not fare so well. The domestic bond average of the "Times" registered its sixth consecutive monthly ad¬ vance and attained the best levels of the year. The rise in the bond average was 0.14 point. Foreign bonds scored their first rise in three months by moving up 0.12 point. As to the fluctuations in individual stocks, Allied Chemical & Dye opened Nov. 1 at 171%, advanced to 174 on Nov. 8, dipped perceptibly to 1663^ on Nov. 28 and closed Nov. 29 at 1673^. American Telephone <fc Telegraph opened at 165 3^ on Nov. 1, declined to 164% on Nov. 6, recovered to 167% on Nov. 8 and closed slightly lower at 1663^ on Nov. 30. Consolidated Edison Co. of N. Y. opened at 26% Nov. 1 and touched its high point at 27% on Nov. 4; its low point of the month was reached on Nov. 29 at 21%, and it closed the month fractionally improved at 21% on Nov. 30. Gen¬ eral Electric opened at 35% on Nov. 1, rose to 36 % on Nov. 8, then reacted to 32% on Nov. 27 and ended the month higher at 32% on Nov. 30. United States Steel opened Nov. 1 at 69%, advanced to 76% on Nov. 9, then dropped back to 66% on Nov. 27 and closed modestly improved on Nov. 30 at 68%. Steel preferred sold at 124% on Nov. 2, moved up to 130 on Nov. 22 and closed Nov. 30 lower at 128%. Westinghouse Elec. & Mfg. opened Nov. 1 at 108%, moved forward to 109% on Nov. 8, then declined to 102% on Nov. 28 and ended the month tion at 105. on Nov. 30 in a better posi¬ In the railroad list, Atchison Topeka & Santa Fe opened Nov. 1 at 17%, dipped to 16 on Nov. 6, spurttd forward on Nov. 12 to 19% and closed a point and a fraction lower on Nov. 30 at 17%. Baltimore & Ohio's initial sale on Nov. 1 was at 4%, advanced Nov. 12 to 4%, reacted to 3% on Nov. 29 and closed Nov. 30 fractionally better at 4. Chesapeake & Ohio opened at 42% on Nov. 1, raised its price level to 43% on Nov. 12, then receded to 41% Nov. 23 and closed fractionally higher at 42 on Nov. 30. Delaware & Hudson touched its lowest point Nov. 7 at 12 after opening the month on Nov. 1 at 14; its peak of the month was reached on Nov. 12 at 14%, and it closed Nov. 29 somewhat below Youngs town Sheet & Tube 4s 1948 VOLUME OF 25 BUSINESS ON Nov. 111 Nov. 15 110% 113% 80 Nov. 15 77% 22 Nov. 13 21 105% Nov. 9 THE STOCK EXCHANGE 1939 1940 Month of 18 Nov. 1938 1937 November— Stock sales—No. of shares 20,887,311 $ Bond sales (par value)— Railroad and mlscell... Foreign government. United States Govt _ 19,225,036 189,203,091 Total bond sales 29,254,626 $ 123,230,000 22,827,000 159,006,000 . 27,922,295 $ 139,191,000 17,393,000 2,422,000 244,256,186 $ 130,133,000 135,316,000 5,628,000 21,316,000 4,419,000 27,359.000 9,819.000 151,685,000 155,868,000 172,494,000 269,974,653 381,042,190 Jan. 1 to Nov. 30— tock sales—No. of shares Bond sales (par value)— $ $ Railroad and mlscell... 1,224,269,000 1,333,795,000 Foreign government 197,289,000 229,378,000 $ 223,031,000 36,643,000 United States Govt Total bond sales S 1,298,394,000 1,934,900,000 306,810,000 120,831,000 321,724,000 337,908.000 1,458,201,000 1,869,983,000 1.642.256,000 2,594,532,000 VOLUME OF BUSINESS ON THE CURB EXCHANGE 1940 1939 1938 1937 Month of November— Stock sales—No. of shares Bond sales (par value)— Domestic « Foreign government Foreign Total corporate bond sales 3,738,194 $ 3,768,445 5,190,958 $ 20,907,000 191,000 5,302,578 $ 30,942,000 412,000 $ 34,233,000 579,000 471,000 696,000 435,000 29,191,000 785,000 559,000 21,569,000 32,050,000 35,247,000 30,535,000 37,976,460 41,321,980 43,475,801 Jan. 1 to Nov. 30— Stock sales—No. of shares Bond sales (par value)— Domestic. $ $ 98,338,105 $ S 269,619,000 Foreign government Foreign corporate Total bond sales.... 403,524,000 318,460,000 390,031,000 2,288,000 4,071,000 6,541,000 6,145,000 6,377,000 6,017,000 11,453,000 9,331,000 278,052,000 413,972,000 331,018,000 410,815,000 THE MONEY MARKET DURING NOVEMBER Important developments in the money market during the past month included a sharp advance in the prices of gilt-edge securities, a further increase in the amount of commercial borrowings, and a quick rebound in the volume of excess member bank reserves following a substantial contraction early in the month. The strong upturn in the prices of Government bonds was the immediate result of official statements emanating from Washington to the effect that legislation terminating tax exemption of future issues of Federal and State as well as municipal bonds would be sought, and of growing indications concerning the continuance of the present easy money policy, notably in connection with the financing of national defense contracts. Excess member bank reserves during the first November week dropped $200,000,000, due in the main to a further seasonal rise in the amount of outstanding currency, the collection of social security taxes, and payments on account of the $100,000,000issue of the United States Housing Authority. Continued large gold accessions and Treasury disbursements from Reserve Bank balances caused, however, a quick reversal in the excess reserve position, with the result that on Nov. 27its total had recovered to $6,930,000,000, or very close to the peak figure reached during the second half of October. Govern¬ ment financing was limited to four weekly bill issues, each amounting to $100,000,000 and replacing [similar maturities. were designated as National Defense placed these bills outside the existing statutory debt limit, thus increasing the latter in equal proportion. Trading in bankers' acceptances remained dull, reflecting Three of these issues series which redemption on March 15, 1941 of $545,000,000 Treasury bonds was issued on Nov. 13, with the announcement that the privilege of exchanging these bonds may be offered to holders before the redemption date. Gold imports during the four weeks ended Nov. 20 totaled $288,985,000 of which sum $205,642,000 came from Canada, $16,490,000 from Argentina, $14,432,000 from Australia, $14,338,000 from Portugal, $12,186,000 from Japan, $8,436,000 from Russia, and $6,296,000 from South Africa. The total goJd stock of tne country increased $256,000,000, and on Nov. 27 reached the sum of $21,755,000,000. Discount A call for 3%% . 17 MONTHLY REVIEW Dec., 1940]' holdings of the 12 Reserve banks receded from $3,999,000 Oct. 30 to $3,835,000 Nov. 27, and total member bank reserves, after declining from $14,176,535,000 Oct. 30 to $13,979,418,000 Nov. 6, resumed their advance and stood at $14,291,954,000 Nov. 27. No important changes in the prevailing extremely low money rates occurred during the month although yields on Government securities owing to strong price advances, showed some further declines, with the average yield on 3 to 5-year Treasury notes receding from 0.40% Oct. 31 to 0.34% Nov. 28, and on longer-term Treasury bonds from 2.19% to 2.05%, whereas rates on Treasury bills increased slightly from a negative yield as reported last month, to 0.004% Nov. 28. The rate for call money on the Stock Exchange remained at 1%. CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE the continued inadequate supply of bill offerings. Out¬ standing acceptances, according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York, issued Nov. 14, aggregated $186,789,000 Oct. 31, compared with $176,614,000 Sept. 30 and $221,116,000 Oct. 31, 1939. Import bills increased from $80,361,000 Sept. 30 to $90,576,000 Oct. 31, and domestic warehouse credits from $26,249,000 to $28,325,000, whereas export bills declined from $21,762,000 to $19,891,000. Bills held by accepting banks totaled $149,084,000, of which sum $96,339,000 represented own bills, and $52,745,000 bills of others. Rates for bankers' acceptances remained unchanged at lA% bid and 7-16% asked for 30-day, 60-day, and 90-day bills, at 9-16% bid and lA% asked for 120-day bills, and at bA% bid and 9-16% asked for bills running 150 and 180 days. The New York Federal Reserve Bank in its "Monthly Review" discussed conditions 1 1 2 Nov. 3... 17— Nov. 18... 1 1 20... 1 1 1 -1 Holiday 1 5 Nov. 6 1 1 1 Nov. 21— NOV. 7—_ 1 1 I Nov. 22 8 1 1 1 Nov. Nov. «. 1—_ Holiday .... 1 — Nov. 25— 1 mmmmrn Xaht Xa7it 6 mmmmm Xaht Xaht 5 1 1 Xa7\t #i taX Nov. 20— 1 1 1 7 mmmmm Xaht Xa7 it 1 1 1 Nov. 27... 1 1 1 8 mmmmrn Xa7it Xa7it Nov. 13 1 1 1 Nov. 28— 1 1 1 9 Nov. 1 1 1 Nov. 29— 1 1 1 10 1 1 1 Nov. 30— Holiday 14 Nov. 15-.. on Saturday 11 security collateral continued at the figures of 134 % for 90-day loans, and 1 ^&% for loans running 180 days. Although trading in the security markets expanded appreciably during the month, little demand for new accommodations developed, and transactions continued to be confined to the renewal of existing contracts. nominal DAILY RECORD OF TIME LOAN RATES Xa9it Xaht Xaht htaX Xaht Xa'it Holiday ht aX Xa9 it Xaht Xa7 it Xa7it Xa7 ii dtXaht mmmmm Xa7 ie htaX Xa'it 14 mmmmm Xaht Xa7it Xa7it htaX Xa9 it Xaht Xaht 15 mmmmm Xaht Xaht Xaht 9i taX Xaht Xaht h taX Xaht •i taX Xaht Xa9it htaX Xaht Xaht htaX Xaht Xaht Xaht .. 13— 16 Saturday 17 Sunday Xa7 it Xa7 it Xa71# 18 mmmmm Xaht 19 mmmmm Xa7 is Xaht Xaht 20 mmmmm Xa7 it Xa7it mmmmm Xa7it Xaht 21 Xa7it 23 Nov. 1.. Nov. 4.. Nov. 5.. Nov. 6.. Nov. 7.. Nov. 8— Nov. IX IX Satur day 3.. Nov. 9— Sunday Xa7 it htaX 25 6 Months 5 Months IX IX IX IX 4 Months 90 Days 2— Nov. 60 Days Saturday 24 30 Days mmmmm Xa9it Xa*it 26-.. mmmmm Xaht Xaht Xa7it h tax Xa9 it Xaht mmmmm Xaht Xaht Xa7a h taX Xaht Xaht Xaht Xaht Xa7 it 9itaX Xa'it Xa9 x« Xa9 x« Xaht Xa7it htaX Xaht Xaht 27 28 mmmmm 29 Xaht mmmmm Xaht Saturday 30 Sun day IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX Hoii day RETURNS IX IX Satur day Nov. lO- Sun day Nov. ll— Holi day Nov. 12- IX Nov. 13.. Nov. 14.. Nov. 15— IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX }X OF THE FEDERAL BROKERS' of the realm In LOANS IN RESERVE BANKS- NEW domestic banking YORK CITY the developments in November of the greatest moment were the substantial sales of Government securities by the Federal Reserve banks and IX the IX IX IX IX loans of the weekly reporting banks to a level the high point in the 1937 business recovery. IX IX IX IX IX IX IX IX IX IX IX IX IX Xaht Holiday 22 Rale* on Mixed Collateral Xa9it Saturday Sunday 12 Time loan rates Xa9 it 9i taX Xa7it Nov. 11... ^a»i« h taX HoUday Nov. 12 10.,. Xa9it h taX MXa7 it Xa7 ii Xaht Nov. Xa9it Saturday Sunday 3—— 4—.. Sunday Nov. 24... Sunday Xa7 ii Xaht 2 .—--j- j.- Saturday Nov. 23— Saturday 9 1 90 Days 180 Days 120 Days 150 Days Secured by 30 Days 60 Days Accept'ces Sid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask 1 1 19 Nov. 4 Nov. Nov. 1 1 Nov. Nov. ACCEPTANCES Call Loans Sunday 1 bankers' "Trading in the bill market during November continued Rates, largely nominal, remained unchanged. Bankers' bills outstanding at the end of October totaled approximately $187,000,000, about $16,000,000 more than at the end of September and the first monthly increase since February. The rise was primarily accounted for by a seasonal expansion in import bills. As compared with a year ago, October outstandings were down $34,000,000, reflecting in major part a reduction in export bills." Saturday 16— Nov. Sunday 1 Nov. NOV. Saturday Nov. for market Renewal High Low the to hold to the small volume of recent months. PRIME BANKERS' High Low Renewal in acceptances as follows: IX IX > IX Satur day expansion in the commercial, industrial and agricultural in excess of Nov. 16.. Nov. 17— Nov. 18— IX Nov. 19— Nov. 20- IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX 1X IX IX IX IX IX IX by the Federal Reserve $128,600,000 in the four weeks from Oct. 30 to Nov. 27, consisting of $79,500,000 of bonds and $49,100,000 of notes. At intervals for more than a year the Reserve banks have been feeding out to the market the securities bought in support of prices after the outbreak of war in Europe. At no time in the year, however, has the liquidation of bonds and notes been so heavy as in Novem¬ IX IX IX ber. Nov. 21 Nov. 23 Nov. 24— Nov. 25 Hon day 22— Nov. The sales of Government securities Sun day — Satur day Sun day — Nov. 26— Nov. 27— Nov. 28— IX IX IX IX Nov. 29— IX Nov. 30— — IX IX active investment call, and available offerings were again insufficient for the persistent demand. Prevailing rates for average grade prime 4 to 6month commercial paper remained at the previous range of % to 1%, with especially choice names again being disposed of at %%. Under date of Nov. 15 the Federal Reserve Bank of New York announced that returns received from commercial paper dealers showed a total of $252,409,000 of open market commercial paper outstanding on Oct. 31, compared with $250,700,000 at the end of September, and $205,300,000 on Oct. 31, 1939. MATES FOR MONEY AT NEW YORK Week Ended— Nov. 9 Nov. 16 Nov. 23 Nov. 30 Call loans on Stock Exchange: Range for week (mixed & Industrial collateral). Week's average Time loans (mixed & Industrial collateral). (mixed & industrial 1@1 1@1 1 1 collateral): 1@1 1 IX IX IX IX IX IX IX IX IX IX IX IX IX IX Five months................—........... IX IX Six months IX IX IX X® 1 ^@1 X@1 X®1 xm Sixty days Ninety days .... .... ————————— .———————— 1©1 1 * IX IX IX IX IX Thirty days ...— Four months ....................—. Commercial paper: Double and single names: Prime 4 to 6 months———————— Good 4 to 6 months..... ...— amounted The sales to were undertaken for the same reason as the other sales made Satur day Commercial paper remained in banks X® 1 X@l by the system in the last year; that is to say the authorities were engaged in opposing a rise in Govern¬ ment security prices by adding to the supply of securities in the market available for purchase. In the year ended Nov. 27 the Federal Reserve banks succeeded in working off $312,472,000,01 bonds and notes, while the decline in their portolio fromjthe record high of September, 1939, amounts , to ,$622,000,000. The $2,204,200,000 of securities in portfolio at the end of November, including $1,299,700,000 of bonds and $904,500,000 of notes, is the smallest amount of Government obligations held by the Federal Reserve banks since September, 1933. While the sales of ^Government securities by the Federal Reserve banks have not been made for the primary purpose of influencing the volume of excess reserves, they have, in practice, served to offset some of the bountiful additions to bank reserves. Irqfour weeks here under review, for example, the decline of $128,600,000 in the Reserve banks' portfolio, coupled with jthe rise in required reserves, kept excess re¬ serves unchanged at „$6,930,000,000, or within $10,000,000 of the record high reached on Oct. 23. now the The increase in actual member bank reserves amounted to $115,419,000 over this period, but requirements expanded by an equal amount owing to the considerable rise in member bank deposits. The principal sources from which the mem¬ ber banks gained reserves in November were the $177,101,000 ^reduction in Treasury deposits in th.j Federal j Re- MONTHLY REVIEW 18 serve tember and October issued by the Indian and Burma Gov¬ new ernments the gold stock to a $13,000,000 rise in Treasury currency and the $5,000,000 decrease in Treasury cash. The offsets to these contributions to the supply of bank reserves were the $105,000,000 decline in Federal Reserve credit outstanding, the $200,000,000 increase in currency circulation and the $32,000,000 rise in non-member deposits and other Federal Reserve accounts. Deposits of gold certificates with the Federal Reserve banks by the Treasury in this period amounted to $205,996,000, or approxi¬ mately $10,000,000 more than the rise in the gold stock. The $200,000,000 rise in currency circulation raised the amount outstanding to a new record high of $8,465,000,000, a figure $1,003,000,000 in excess of the total on the corres¬ ponding date of 1939. The quickening pace of defense expenditures—estimated banks, the $256,000,000 increase in record high of $21,755,000,000, the $400,000,000 in November—was mainly responsible for reduction in the Treasury's deposit balance in the Reserve banks to $198,606,000 on Nov. 27, the first time in recent years the balance had been so low. The Treasury immediately took steps to replenish this balance by levying at the two calls requiring all Throughout the month the Bank of England's official rate at $4.02% buying and $4.03% selling. Official quoted by the Bank of England on other markets con¬ tinued as follows: New York, $4.02%-$4.03%; Canada, $4.43-$4.47 (Canadian official, 90.09c.-90.91c. per United States dollar); Australia, 3.2150-3.2280; New Zealand, rates 3.2280-3.2442. During London November, as for several months, exchange in not quoted on Germany, Italy, Poland, Czecho¬ was slovakia, Norway, Denmark, Holland, Belgium, France, or In New York during November, as in previous months, the German mark was nominally quoted around 40.05 for the so-called free or gold mark, and around 12.00- Rumania. 12.52 for registered marks. City banks showed and investments to a rise of $165,000,000 in their loans a total of $9,843,000,000 on Nov. 27, tations New in also were Nov. 20 the commercial advances of the banks in 101 cities increased $162,000,000 to $4,908,000,000, a new high on the move and a figure slightly above the peak reached in 1937. Total loans and investments of the banks in 101 cities rose $455,000,000 to a new high at $24,944,000,000, with loans accounting for $220,000,000 of the rise and investments for $235,000,000. These banks showed increases of $72,000,000 in Treasury bills, $39,000,000 in Treasury notes, $101,000,000 in Treasury bonds and $83,000,000 in Government guaranteed issues. Other securities declined $60,000,000 to the $3,605,000,000 level. Demand deposits—adjusted were up $318,000,000 to $21,961,000,000. In the four weeks from Oct. 30 to Nov. 27 reporting New York Citv banks' loans to brokers and dealers in securities'— so-called brokers' loans—increased $49,000,000 to a total of $339,000,000. Expansion in Government security dealers' portfolios accounted for perhaps half of this in¬ the Other loans for purchasing or carrying securities $6,000,000 to a total of $163,000,000. Street loans, as compiled by the New York Stock Exchange, in¬ creased $13,396,860 during November to $362,322,660 Nov. 30 from $348,925,800 Oct. 31. A year ago on Nov. 30, 1939, the amount of these loans outstanding was $573,871,683. crease. increased COURSE The OF New STERLING York EXCHANGE market for the DURING NOVEMBER Great Britain's both for registered sterling, became increasingly quiet during November, but on the whole the market was largely an extension of that which prevailed since the end free and official of August. for the part within an extremely narrow range of The restricted character of free market dealings resulted largely from steps taken by the London authorities to tighten exchange restrictions, of which perhaps the most im¬ portant was the regulation which took effect on Nov. 23, providing for the "blocked" sterling accounts to prevent exchange of certain capital pay¬ to non-residents. The proceeds of such capital pay¬ ments ments are now to be transferred into these blocked accounts. Throughout the month free sterling kept close to the rates for official or registered, sterling. increasingly evident in November that the London authorities were intensifying their endeavors to increase It was All Empire countries were making equally determined efforts in this direction. This was seen in plans dollar resources. under consideration in Canada to increase tariff duties new model automobiles, from refrigerators and other equipment the three four or dollar- Nov. 25 attributed to Sir Kingsley weeks, presumably the last weeks in October November, British war spending amounted had £14,000,000 to that the average day, receding, a however, for the first 77 days of the second so year £9,100,000. was Chancellor predicted The greater outlay in the future, and a said that "it would indeed cause dismay if this expenditure increase further—providing and did not increased had not always the increase means output and not merely senseless increase in prices, wages, or wasteful use of our resources." The Bank of England, in its statement for the week ended Nov. 27, showed an increase in gold holdings for the sixth successive week. amounted to The total £517,000. The Nov. 27 stood at £593,346,000, high the gain as note Oct. 16 circulation gold in Bank's on since compared with the record of Aug. 14 of £613,906,516 and with circulation as on comparable date a year ago of £528,660,119. Gold continued flow to the to United States in large amounts, reaching on Nov. 27 the record high of $21,755,- The November bulletin of the United States Treas¬ 000,000. Department showed a net inflow of new capital from abroad in the first year of the European war of $806,831,000. ury This accession funds in the increased United the amount States to the of foreign total record of banking $3,601.- 419,000. According to the bulletin, while most other countries were increasing their balances here from Aug. 30,1939, to Sept. 4, 1940, the United Kingdom withdrew $320,924,000. withdrawals, consisting primarily of a British reduction of $157,- 321,000 in deposits and liquidation of $158,428,000 in United States securities, in addition to heavy gold sales, were used to finance purchases of war materials. Sales of securities are those reported by banks, brokers and dealers and do not include sales made through other channels. On Nov. 20 the Federal Reserve banks reported gold held under earmark at $1,744,098,683. It was generally believed, without any the greater part means of verification, that a large if not of this earmarked gold was for British account. According to the United States Department of Commerce, the United Kingdom had at the beginning of 1940 total in¬ vestments in this country of $2,800,000,000. This was made $1,180,000,000 in American securities, $1,168,000,000 in direct and other investments, and $455,- of holdings of 000,000 in short-term investments. According to some authorities, England end of October placed orders in the United materials approximating through April, 1942. $2,500,000,000 to had up to States for be the war delivered In some responsible quarters it was asserted in November that the British Purchasing Commis¬ here had spent or contracted' to pay more than $4,000,000,000 for aircraft, munitions, ships and commodi¬ sion ties. for by other Part of these obligations had been or, could be paid British exports not only to the United States but to countries, and so need not necessarily seriously de¬ plete its visible resources here. On Nov. 7 the New York Bankers Foreign mittee announced Foreign Exchange on United States Exchange Com¬ the receipt of advices from the London Committee that the Bank of England had decreed that British banks should Swiss no longer pay interest of pounds The ruli*$ was made retroactive to Oct. 15. By ing for further machine tools and supplies in the United registered account* future on and the first week or so in sterling The trend was likewise reflected in orders in Sep¬ view to estimating daily for the first 77 days .of the second year. Earlier in November Sir Kingsley Wood stated that for in Canada's own factories which might necessitate contract¬ States. a changes these during the first year of the war and had averaged £9,100,000 on United States, as well as in Canadian plans to suspend developments of all sorts of new models coming of Chancellor new transfer into foreign countries of the Exchequer, statements that the had drained £5,300,000 daily from the British Exchequer up $4.03%-$4.0474. expenditures, with London dispatches of or The unofficial rate for the pound sterling fell most war probable effects sterling relations. but pound sterling, the suspended, the war Open market paper increased $3,000,000 to $82,000,000. As for investments, the New York Citv banks showed increases of $40,000,000 in Treasury bills, $136,000,000 in Treasury bonds and $79,000,000 in Government guaranteed issues and reductions of $3,000,000 in Treasury notes and $180,000,000 in other securities. Demand deposits—adjusted were $194,000,000 higher in the four weeks at a new peak of $10,225,000,000, while domestic bank deposits increased $86,000,000 to $3,826,000,000. The commercial loan showing of the weekly reporting banks in 101 cities was better than that of the reporting New York City banks. In the four weeks from Oct. 23 to currencies of the was concentrated largely on the England to increase its gold holdings home and the value of its dollar credits here, and on mercial, industrial and agricultural loans in the four weeks 1937. for efforts of the Bank of Wood, best level since York Germany, and quotations for the Greek drachma The attention of bankers with loans accounting for $93,000,000 of this increase and investments for $72,000,000 of it. The expansion in com¬ from Oct. 30 to Nov. 27 amounted to $41,000,000, raising the total to $1,868,000,000, a new high on the move and the The Italian lira in a nominal 5.05. There were no quo¬ market continued to be quoted at at York American commercial bank rates for official sterling continued at $4.02 buying and $4.04 selling. mark. reporting New the Indian Reserve continued invaded by As for member bank credit conditions, the month to a Bank in return for an equivalent amount of rupees. depositaries aggregating $107,000,000. Foreign deposits in the Reserve banks, continuing to increase, were $61,462,000 higher at a total of $1,153,293,000, while other deposits were reduced by $35,460,000 to the $532,137,000 on holding dollar balances to persons offer them for sale within ®r registered accounts was meant on what is usually referred to page 53) New York Stock Exchange MONTHLY AND YEABLY RECORD RANGE OF BOND PRICES DURING NOVEMBER 1940 November Jan. 1 to Nov. 30 NOTICE —. 1939 $151,685,000 1,869,983,000 November 1939 1940 --.-£Aares- 19,225,03$ 244,256,18$ 20,887,311 189,203,091 Jan. 1 to Nov. 30—— disregarded in the month's range unless they are the only transactions of the month, and when selling shown in a footnote In the month In which they occur. No account Is taken of such sales In computing the Oasb and deferred delivery sales are outside of the range Stock Saks 1940 $159,006,000 1,458,201,000 Bond Sales regular monthly range are for the year. The tables on pages 19 to 40 famish a complete record of the November 1940, and the range for 1940. They need no extended transactions on the New York Stock Exchange during introduction, as they are self-explanatory. The tables We give bonds first, using the classification adopted in the official list*. embrace every security dealt in on the Exchange. The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective Jan. 2, 1909. Quotations after decimal point repre¬ sent one or more 32ds of a point. are at a Sales in November S3 BONDS l<2 n. t. stock exchange Value JP rice |'C ' ! PRICES IN NOVEMBER AJa\ 'Jan. 2, i< 1940 Bid Ask Nov. I Nov. 30 Ask Bid Bid RANGE SINCE JAN. Lowest Ask Lowest Highest Sale Prices Sale Prices Sale Prices 1 Highest Sale Prices U S GOVERMENT BONDS __1947-1952fA 40,000 Treasury 4J4s 14,000 Registered 03,000 Treasury 4s.. 7,000 Registered 14,000 Treasury 3*48 1,000 o 119.31 Sale ..194^-1954 J D 114.28 Sale 121.2 122.13 122.16 121.3 121.5 10 122.18 1~14~.6~ 117 June 10 122.14 111.18 June 10 115.6 Apr. 114.25 Sale Nov. 22 111.21 May 29 115.3 Apr. Nov. 25 111.16 June 10 116.14 Nov. 25 117.2 Nov. 18122.14 Nov. 27 113.29 Nov. Nov. 9 114.3 113729 Sale" 11473 Nov. 26 122 119.29 Sale ....... June 6 122.18 Nov. 22 114.3 115.24 Nov. Nov. 1114.16 Registered Iis7f riVi" 11677" lib'.io Nov. 18 115.24 Nov. 18 114.1 Aug. 104.21 Sale 10278 102712 Sale 101.31 Nov. 29,102.10 Nov. 7 101.31 Nov. 29 104.24 Jan. 5 109720 lib" 108.7 108.10 108.4 108.6 108.7 Nov. 26*108.11 Nov. 8 107.16 May 31 109.30 Jan. 4 108.3 Nov. 28 108.8 Nov. 14 108.2 Aug. 109.21 Mar. 4 105713 10377" 103~I6 103"" 10372 103 Nov.22il03.ll Nov. 12 103 Nov. 105.17 Jan. 4 103.9 1941-1943JM 8 - Sept. 103.9 Sept. 10 102.2 9 116.4 ......1943-1947 / Treasury ZHa 3,000 Registered 21,000 Treasury ZXa ) ...... .....1941 |F( A Sale Registered.. 194S-1945JA ........ O 109727 Sale 1944-1946]A O li67l2 Side 108.18 108.21 108.15 108.17 108.14 109719 Sale" 109717 l"09~.l9 Nov. 12 107.12 June 110.1 Jan. 4 Nov. 27 108.22 Nov. 12 107.11 June 109.30 Jan. 11 109.16 Nov. 29 109.27 Nov. 9 107.30 June 110.21 Apr. 6 Nov. 29 108.26 Nov. 7 109.22 Nov. 7 107.29 June 110.14 Mar. 29 113.12 112.5 Nov. 4 113.12 Nov. 27 108.23 June 113.12 111.2 Aug. 111.29 Nov. 27 Mar. 23 114.26 114.27 Nov. 23 115.1 Nov. 27 109.14 May 115.1 Nov. 27 111.14 Nov. 4 112.19 Nov. 26 108.6 110.17 June 112.19 Nov. 26 Jan. 110.17 Jan. 111.20 1 113.10 Nov. 27 107.20 June 113.10 Nov. 27 112.30 Nov. Nov. 9 112.30 Nov. 108 112.30 Nov. 109.1 Nov. 4 111.8 Nov. 27 104.20 May May 111.8 Nov. 27 108.31 Nov. 4 110.25 Nov. 12 104.28 June 110.25 Nov. 12 1 110.3 109.22 ........... 1946-1949}/ - Registered.. D III7io 11T.13 11275 D 111727 112*4" 113" 11373" 114723 D i!57l8 Sale" fl2".8" 11379" ... ......1949-1952 J Treasury 3)48... Registered...... .... 83,000 Treasury 3s......... ..1946-1948 / ni7i5 ivr.18 112719 112722 Registered. Treasury 3s..... 1951-1955 M ...... S, iio7lO side"" 111722 Sale" 11372 11375 Registered............. 328,000 Treasury 2J4s 5,000 Registered............ 42,000 Treasury 2)4a 1,000 Registered 6,000 Treasury 2*8. 1955-1960}M S 107730 Sale"" 10973 S 109*5 Sale" 116729 l'lT.l Sale"" 1097l8 Sale" il6"~ Sale" 1948-1951}A/ S Registered................... 52"66O Treasury 10878 108.16 109714 109717 £16731 iiTi' 109.18 Nov. 9 106.20 Nov. 13 109.29 Nov. 13 106.20 June 109.29 Nov. 13 Nov. 27 111.12 Nov. 27 105.24 May 111.12 Nov. 27 Nov. S 9 167712 side"" 108720 108.23 11673 Sale" 108.21 Nov. 4 110.6 Nov. 26 104.16 May 110.6 Mar. 108.14 Oct. Sale" 110.2 110.5 108.3 Nov. 1 110.13 Nov. 27 103.24 110.13 Nov. 27" 107.28 Mar. 18: 103.13 May May May June 107.21 Oct. 103.15 June 110.18 Nov. 27 Apr. 107.29 106.18 June 109.13 Apr. Apr. Nov. 15 105713 May 24 Iio"" May 28 108.16 Nov. 15 Oct. 107.14 D *106720 Side" 107.31 Sale 110.2 D 109713 107729 108" ii67lO Sale" i07.31 No"v."2 iid."l~8 N"o~v."27 106.20 Sale 107.31 Nov. 1 110.8 Nov. 26 ... 1945 J D 108723 108.28 108729 109" 166710 109713 108731 Nov." 4 16676" Nov."25 110.8 Nov. 26. 24 Nov. 26: 16 4 5 ....... "looo Treasury 2143..... 62,000 Treasury 2)4s 1948]M S 1949-1953 J D Registered Treasury 2 Ha 1950-1952 M ft 120,000 Treasury 2)4s...............1951-19531 D 143,000 Treasury 2Ha ...1954-1956 / D 12,000 Registered 28,000 Treasury 2s.. D ..1947 J 27,000 Treasury 2s D .....1948-1950 J 107.18 107.24 108.28 108.31 110.12 110.15 110 108.9 106.25 Sale Nov. 15 110 105.13 Sale 106.25 Sale Nov. 1 108.16 Nov, 27 103.2 103.3 June 105.17 Sale 106.31 Sale 106.31 Nov. 1 108.15 Nov. 29 103.4 102.31 Sale 104.20 104.23 105.29 106 104.21 Nov. 2 106.3 Nov. 26 101.7 May 24 108.15 May 24 106.3 104.3 Sale 105.22 105.25 104.1 102.2 104.18 104.23 106.2 106.5 107.8 ...... 4l"666 108.11 Sale Nov. 103 103.6 ... 104.28 104.31 106.12 106.15 104.29 2 106.1 Nov. 26 Nov. 7 105.13 Nov. 104.12 107.11 106.4 4 107.1 Y R 10279" D ..1944 1964 M .... 1953-1955 : Sale" 103722 Federal Farm Mortgage Corp 3)4s 108.11 108.16 108.6 108.10 108.16 Sale 108.3 Sale 103.25 Nov. 4 106.15 10278" Nov7~4 103725 108.20^108.5 Nov.lo' Nov. 2 108.22 Nov. 1 108.16 Nov. 18 Nov. 19 108.12 Nov. 19 Nov. 23 6 106.5 Nov. 27 II Nov. 29« Nov. 26. July 23 100.1 101.14 Nov. 26. Oct. 22 105.13 June 10 107.1 June 4 106.15 Nov. 18 103.26 Nov. 15, 102.28 Nov. 20 101.13 Registered................ 65,000 Nov. 106721 Sale" 10873 ...... Treasury 2s 110.3 103.14 D RQSlsfcrcd 57~o66 .Treasury 2HV"SSSSS"SSSSSSSlZ58-i9Q3 / 1 Registered....... 358,000 Treasury 2^8.. 1960-1965 J 104",000 June 107.29 1956-1959 M 8,000 Treasury 2 Ha Registered.... 9 110.10 .... 141,000 Treasury 2J4s. Registered........ 25 107.24 ...1951-1954 / 254s Registered........ 9 109.29 1945-1947JM ........ .... ------ Nov. 18 108.15 14L000 Treasury 3)48 14,000 Registered........ 78,000 Treasury 3)4s 1,000 Registered.... 29,000 Treasury 3)48 ' 2 115.24 ...... li'ooo 2,000 4 3 114.22 114.28 Registered oo'ooo Nov. 27 115.24 .......1946-1956 M S 49,000 Treasury 3Hs "3",000 Nov. 26 Nov. 18 May 23 104.8 11 103.25 101.25 Oct. 105.22 June 8 108.24 105.20 May 24|i08.21 Nov. 15 Nov. 20 Mar. 15 Nov. 20 Apr. Apr. 6 1944-1949 M N 108.12 J 105.12 Nov. 19 1942-1947 / 105.7 Nov. 19 108.12 3b 103.16 103.20 103.10 103.14 103.16 8 105.8 103.16 103.20 103.10 103.14 103.9 May 15 105.15 May 23 105.2 9- 1942-1947 M 105.2 Jan. 214s 13,000 2,000 108.8 Jan. 24 Apr, 4 3s 108.11 108.14 108.3 108.12 Registered Home Owners Mortgage Corp— 76,000 gs Series A 1944-1952 M N 107.24 108 107.28 108 Sale 107.27 Nov. 104.17 104.22 103.15 103.18 103.11 Sale 103.11 101.15 101.24 102.15 102.18 103.2 102.17 Nov. 29 103.17 Nov. 2 102.30 108.2 2 108.10 9 105.4 103.1 May 31 108.12 Feb. 23 107.17 June 4 104.25 Feb. 23 Nov. 16 Nov. 12 100.6 June Nov. 12: Nov. 107.17 Registered 16,000 3,000 2)4s Series Q 1 HB series M NEW YORK 1942-1944 J ......1945-1947 / / D 103.5 8 4 102.30 Mar. 7 CITY Transit Unification Issue— 4,778,000 1980 J D 3% corporate stock 98 X Sale 102 Sale 88*4 May 21 102 £4 nov. 9854 Nov. 4 102 Vs Nov. 21*4 Nov. 7 22 Nov. 26 20 21 6 22 Nov. 20 20 Oct 40 Apr. May May May May May June 8 » FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia) 3,000 6,COO 13",6O6 iOtd sink fund 6s...........1947 F A iGtd sink fund 6s..........1948 A O Akershus (Klngdof Norway) 4a. 1968 M a lAntloquta (Dep tof) Ool 7f A—1945 J j\ ^External s f 7s series B 18,000 ...1945 ^External s f 7s series O 4,000 1945 A External s f 7s series d.. 19,000 1945 a7s 1st series...............1957 7,000 a7s 2d series 16,000 1957 a7s 3d series 7,000 1957 19,000 Antwerp (Oity( extl loan 5s 1958 Argentine Nation (Govt of)— 8 f external 4H«_. 283,000 1948 293,000 Sinking fund external 4 His...1971 8 f external eonv lean 4s. Feb 1972 284,000 fl f external coot loan 4s.. Apr 1972 175,000 ...... For footnotes eee page 30. ""i ■ -fc". \ 27*4 14 14 j j 14 14 A O A O 13 13 A O J D MN MN f A A O 21 21 22 22 22 94 j j 30 25 31 25 31 9 27 17 18 17 17 15 16 13 H Sale 86*4 69 21*4 9*4 9*4 8 4 854 8H 8H 8H 17X Sale Sale 10*4 22 m 23 % 9 Nov. 28 8 9 9 8 9 9 Nov. 28 Nov. 28 8h Nov. 29 8H Nov. 19 8*1 Nov. 27 8 HI Nov. 28 10 8 9 8^8 13*4 854 8 m SJi 20 8 8 12 Sale 94 H Sale 88 Sale 6654 Sale 75*4 Sale 6654 Sale 80*4 Sale 79)4 61 61 Sale 62 Sale Sale 62 Sale 80 Sale Nov. 12 Nov. 30 9*4 Nov. 9H Nov. 9*4 Nov. 15 9*4 Nov. 15 854 Nov. 9 8% Nov. 18 8 54 Nov. 7 1754 Nov. 4 75 66 H 60 60 Nov. 29 80 Nov.' 1 Nov. 1 72*4 Nov. 13 Nov. 6 .Nov. 6 64 % Nov. 13 64 Hi Nov. 13 8 7H 7H 7 H 7*4 7*4 7*4 12 June 7 14 10 23 22 24 24 31 17 May 28 28 H Feb. 1629 Feb. 15» 60 Mar. 13, 1554 Feb. 15? 16 15. 14 *3 15 Feb. 14M Feb. 14H Feb. 14*3 Nov. 30 77 70*4 July 16 61*4 June 12 54 *3 July 15 95 55*4 July 15 Feb. 15 *4 Feb. 14 1 15. Feb. 15Apr 4 96*4 Mar. Mar. 87*4 Mar. 87 H Mar. 6. 7^ 7~ 7.* 1 N. I. STOCK 20 Value || BONDS Sales in November Ask Bid FOREIGN GOVT ^Continued)— J J Sale 87 288,000 Australia 5s of 1925-_- July 16 1055 External loan 5s of 1927 1957 M S 83 % Sale 145,000 79 External g 4%sof 1928 1956 MN 75 292,000 J J 8 7 6,000 ^Austrian Govts f7s—----—J057 F A UM 11,000 iBavaria (FreeState) ext 6%s_.1945 M S Sale" 1949 J J 100 46,000 Belgium 25-yr external 6%s 94 % Sale External s f 6s 1955 10,000 102 M 103% External s f 7s__-_---1955 10,000 22 U ABeriin (Germany) s f 6 Ma 1950 16,000 22 13 s/ iExternat sinking fund 6s 1958 6,000 17.. Sale ABrazil (U S of) external 8s 1941 375,000 13M Sale AExtl s f g 6Ms of 1926 1957 580,000 14% Sale AExtl s f 6%s of 19271957 280,000 Sale 13 ACent Ry 30-year g 7s 1952 247,000 % 6,000 8,000 Extl readjust s 4%s-4%s 4,000 23,000 14", 656 16",600 ACologne 230,000 215,000 ~ OcJ -^a AColombia Mtge Bank 6 Hs ASinkingfund 7s of 1926 4,666 ASinking fund 7s of 1927 2,000 a6s of 1927—-------- 2,000 1,000 1,000 5,000 685,000 37,000 40,000 3,000 4,000 78,000 36,000 36,000 ACosta Rica 49 Nov. 8 1 49 Nov. 8 1 1 49% Nov. 50% Nov. 8 8 11% 11% 14% 20 7% O J MN F A J J J J J MN J J M S 3 J 101 Sale 106 Sale 96% 96% 93% 96% 88% 88% Sale Sale 89 Sale 15% O 14 A O Sale 13% 17 "" Sale Sale 16% 17% 13% 13 Sale 16% Sale 13% 17% 13 M S 16% M S 13 Sale M S 16% Sale M S 13 Sale MN 16% MN 13 Sale 13% 16% Sale 17% Sale 17 J J D 14% D 12 D 14% D 12 O 14% O 12 13 1941 1949 1949 1964 —1968 1968 a6s part paid 11.000 Haiti (Rep of) 6s series A 1952 42,000 AHamburg (State) 6s_------—1946 7,000 AHeidelberg (City) extla f 7%s__1950 4,000 Helsingfors (City) ext 6%s.-—1960 Hungarian Cons Municipal Loan— ASecured s f g 7 Ma ...-1945 11,000 ASecured s f g 7s_ ___.Septl946 2,000 AHungarian Land Mtge7%s A..1961 30 92% 92 Sale 82 Sale 80 81% 12% 28 28 Sale MN J J _ 70% 16% 100% 42% 75 25 100% 103 99 75 74 Hill Sale 58 Sale 47% A O A O 81 10 11 — — Sale 70% 74 71 71 36 29 mtm ... - 74 O 71 71 72 MN - — — - - 22 22% 22 22 23 21% 26 21 22 19 24 21 22 71% 75 76% 80 16% 15 18% 101% 101% 103 101 102 . 98 52% 102% 53% Sale 107 11% 36% 35% 80 75% 75 13% 32 10% 10% 32% 29% 28% 56% 74 52% Sale Sale 31 50% 54% Sale 13% 50% 50 13 15 42 50 67 Sale Sale 90 M S 40 ?! Sale MN 11% 19% 101% 104 70 25 108 F 8% Sale 8 6 Sale 11 7% M JV A AO A J A O 12% 23% 18% 14% 84% 25 7 30 Sale 9% 27 15% Sale Oct. 29 14 Jan. Nov. 18 15 Apr. 11 61 May 78 June Nov. 14 58% May 59% May 4 Nov. 25 6 • — — w 27 ~ 12 6% 6% 25 57 48 Sale 61 7% 9% 9% 28% 60 Sale 33% Sale 31% Sale J 3 F A 64 Sale MN 48 Sale Jan. 9 89 88% Jan. 11% Oct. 10 23 27% Nov. 4 Oct. 27 8 Mar. 14% Aug. May 9% June 10 24 June 27% Nov. Sept. 24 17 Nov. 18 12 June 12% Nov. 29 11 July 13 % Nov. 29 Nov. 29 13 12 June 13 % Nov. 29 12 % Nov. 29 13 % Nov. 19 12 12% 13% 12% 13% Nov. 29 Nov. 15 Nov. 29 Nov. 19 13 Nov. 30 13% Nov. 6 12 % Nov. 19 11 % Nov. 12 11% Nov. 26 17* June 14% Mar. 9 16% Jan. 9 12 June 14% Apr. 22 17 9 June Mar. 4 9 Jan. 8 May 8 16 10% June 10% June Jan. 14% 16% 14% 16% 13% J an. 5 9 Jan. 6 5 June Jan. 23 11 % Nov. 15 9 11 16 14 Jan. 11% Nov. 27 Nov. 14 Nov. 16 Jan. 4 9 11% Nov. 25 11% Nov. 29 11% Nov. 29 9 11 June 13% Jan. 25 Nov. 17% Apr. 11 10% Nov. 11 10 Nov. 19 Nov. 6 Nov. 18 13% Apr. 25 1 13 8% July 3 Mar. Apr. 17 Nov. 23 June 1 27 Nov. 23 12% Apr. 27 27% Nov. 29 27% Nov. 27 29 Nov. 15 22 20% Nov. 20 71% Nov. 7 23% Nov. 4 77% Nov. 29 13 8 34% Mar. 21% Nov. 1 21 % Nov. 13 21% Nov. 27 15% May 15% May 20 May 20 Aug. 20% Aug. 16 Apr. 15% Apr. 65% June 29% Nov. 29 16 Nov. 102 96 Nov. 27 100 93 104 June 4 Nov. 15 1 Jan. 73 8 75 31 75 49 Nov. 6 49 Nov. 49 Nov. 6 50 Nov. 1 49 Nov. 68 50 Nov. 8 55 Nov. 28 50 Nov. 26% Nov. 2 27 Nov. 11% June 18 6 6 8 1 40 8% Nov. 20 90 26 Nov. 30 27 Nov. 71 Nov. 75 Nov. 19 6 1 80 57% 70 57% Nov. 27 57% Nov. 27 14% 7% Sale Sale 13% Nov. 19 7% Nov. 6 14% Nov. 8 8% Nov. 13 Sale Sale 14% Nov. 22 8% Nov. 18 17 26% Nov. 12 27 Nov. 4 9% Nov. 4 Nov. 1 Aug. 30 May 17 40 , Jan. 7 2 9% Nov. 13 58 Nov. 20 Nov. 23 26% Nov. 12 26% Nov. 13 9 % Nov. 13 9 Nov. 19 8% Jan. 23 5% Feb. 8 10% Jan. 2 6% Apr. 29 4 1 58 7 Nov. 23 June 7 16 Nov. 28 58 Nov. 16% 61% 43% 62 Sale 43% Nov. 30 32 Sale 30 30% 68% 54% Sale Sale 28% Nov. 19 6 Nov. 19 64 Nov. 1 48 Nov. 1 Nov. 23 10 Nov. 15 Nov. 15 9 61% Nov. 28 49% Nov. 6 33% Nov. 1 25% Nov. Nov. 7 72% Nov. 8 55% Nov.l 4 32 16 Feb. 23 53% Feb. 14 80 Mar. 13 20% June 17 17 June 24 25% June 18 18% June 24 Nov. 1 Aug. 2 21% Apr. 24 16% Feb. 24 90 Jan. 18 27 Oct. 28 27 Nov. 23 22 Nov. 7 Mar. 23 Nov. 4 27 Nov. 7 27 3 27 9% 75 July 18 9% Nov. 13 7% May 15 9 65 7% Nov. 75% Mar. 18 75% May 1 Nov. 1 May 27 27 Jan. 18 July 12 105 92 Apr. 9 92% Apr. 16 Apr. 19 45% July 12 118 Apr. 24 106 Jan. 3 109 27 5% Nov. 29 13 Apr. 1 Mar. 15 9] 40] 18 11 Mar. 13 75% Apr. 31 Oct. 7% Nov. 17 63% Mar. 13 55% Mar. 13 Oct. 4 7 81% Apr. 22 14% June 27 13% Feb. 26 8% Sept. 8% Aug. 20 Apr. 18% Apr. 17% Apr. 41 Apr. 6 102% Mar. 13 5 103% Apr. 101% Jan. 26 62 Apr. 5 May 35% Nov. 31% Nov. Nov. Mar. 21 July 70 Mar. 13 85 51% Aug. 75% Nov. 29 13% Nov. 19 11% Nov. 6 Nov. Feb. 9 Feb. 13 Jan. 27 Mar. 13 49 June 98 Feb. 26% 27% 26% 52% May 97 % June Nov. 15 103 Nov. 11 Nov. 22 Nov. 19 54% Nov. 20 53% Nov. 74 Nov. 14 102% Nov. 15 102% Nov. Nov. 96 102 25 16% Nov. Nov. 28 21% Nov. 13 4 21 34 Nov. 29 Mar. 10% Nov. 16 12 50 5 10 17 June July June June June 50 Sale 7% Jan. June 49 5 9 12 8 5% 2 2 9 10% 12% 10% 12% 10% Nov. 30 9% 2 Jan. 14% Mar. 10% June Nov. 8 17 Jan. Apr. 27 Jan. 54% Nov. 30 50% Nov. 4 57% 68 26% Sale 27% 51% 60 Oct. 14% Mar. 10% June 55 9 17 4 Oct. 10 10 4 10% June 9% June 11% July 8 27 51 3 10 2 3 49 14% 8% 9 Jan. 1 Sale 75 \o 96% Jan. 93% Jan. 96% Jan. 1 9 24% 16 11% Nov. 26 . 10% Nov. 56% Feb. 107 27 30% Nov. 28% Nov. 27% Nov. 27% 64% D M 8 67% Mar. 14 45% Apr. 4 66 8 Sale A F 25 Nov. — 69% Sale MN 3 July Nov. 71 16% 9% 7 MN June 26 31 Nov. 26 7% Sale MN 40 50 47% 90 7% 9% ^ "10% 24% 14 16 90 O 3 65 July 31 65% Feb. 17 63% Mar. 13 101% Jan. 105% O 65 July 31 38% June 12 39% June 11 41 June 12 50 8% Sale 73 75 51 13 49 25 27 24 Sale 54 7% Sale 49% Jan. 10% Mar. 18 54% Sale 52% 67 54% 56 55 Sale 50 19 26 1 8 8 8 25 36 11% Nov. 10 % Nov. 14 Sale 30 1 19 5 87% Feb. 78 June 27% Nov. 11% Nov. 10% Nov. Sale Sale 12 June 83% Nov. 14 10% Nov. 25 Nov. 4 Nov. 4 Nov. 8 Nov. 15 Nov. 13 Nov. 19 Nov. 7 Nov. Nov. 102 17% June May 29 4% June 13 42 May 23 22 22 33 69 14 11% 12 6% Feb. 13 Nov. 12% Jan. 30 27 July 15 102% Mar. 30% July 16 100% Apr. Mar. 35 May 17 108 12 June 18 26% Nov. Nov. 7% June 10 27 10% June 11 23% Mar. 8% June 12 18% Mar. 8% June 12 18% Mar. 8% June 6 18% Jan. 33 June 12 79 Jan. 32 72 83 6 11% Nov. 7 12% Nov. 8 11% Nov. 6 13 Nov. 18 12 % 24 June 28 83 12 % Nov. 11% Jan. Nov. 15 27% Nov. 11% 13% 15 24 84 Nov. 15 Nov. 26% Nov. 27% Sale 27 27% 10 3D — Jan. 91 95% Nov. 15 86% Nov. 14 102 93% Nov. 80% Nov. 80% Nov. 10% Nov. 26% Nov. 26% Nov. 11% 12% 11% 13% Sale Prices 90% Jan. June 11 June 7 27 70% O D - Sale 21% Sale 50 A J - - — — m 38 34 1 Highest Sale Prices 39 June 12 4 2 26% Sale 13% 14% 12 M 11% Sale 15 13 H 13% 12% 11% Sale 12% Sale 13% 13% 12% 12% Sale 11% Sale 13% 13% 12% 12% 11% Sale 13% 13% 12% 13 12% 11% 11% 13% 13% 12% Sale 13 11% Sale 13% ; 13 % 12% 12% 11% 11% 15 11% 11% 10 ~Io% 11% Sale 17% 11% 11% 10 "16% 11% Sale 11% 11% 10 "16% 11% Sale 11% 11% 10 "16% 11% Sale 11% 11 11% 10% Sale 6% 8% 6% 8% 102 7% Nov. 8% Nov. 26% Nov. 12 28 14 , '12% 101 Nov. 28 25 Sale 49 A M S 27% « 14 27 11% 13^ 67% M S 80 97 57% Sale" 100% 102% 82 40 95% Nov. 15 Nov. Nov. 92% Nov. 93% 81% 92% 94% Sale 7% Nov. 4 7% Nov. 18 99 Sale 90 Nov. 13 92 Sale 99 Sale 21 A — f7%88eriesB —1961 54,000 Hungary v%s ext at 4%i to—--J979 Irish Free State external 5s 1960 15,000 417,000 Italy (Kingdom) extl s f 7s.. —-1951 Italian Cred Consortium 7s B—1947 11,000 Altallan Public Utility • t g 7«~1952 93,000 348,000 Japanese Govt extl s f 6 Ma—... -1954 Extl sinking fund 5Ma 1965 470,000 Sale 8% 8% Sale 26 26% 30% D D 1 1946 MN J 30. 9%115 7 11 34 Sale 21 6%s ser A.1958 For footnotes see page 14% 20 12 Mf l3 15 W Sale 46% Nov. 47% Nov. 41 5% 7% 3 D AS 92% 99% 92% 83% 93% 80% 80% 11% 50 48% 34% 7% O F Nov. 26 48 Sale 1947 A J 6 . 46 27% Sale 27% Sale J aS f secured 6s—. 8 O A35-year 5 Ks stamped 1965 a5%b unstamped ___.1965 a5usstpd (Canadian holder).1965 AGerman Republic 7s stamped..1949 A 120,000 a7s unstamped .-.--.-1949 21,000 German Prov & Communal Bks—- "Y.660 5% 46% Sale 47% Sale 32% 36 1961 A 1961 J ACertificates secured 7s. 8% 9 13 Estonia AGreek Govt 7 27 17 MN 420,000 37,000 13,000 Sale 14 13% MN 1955 1962 A(Cons Agric L'n) 58% 14 32 15 12% 9 A 43 55 3 external loan 1949 external debt 1977 30-year s f 5Ma----- -—oTf in51 APublic Works 5^s -June 30 1945 ACzechoslovak (Rep of) extl 8s__1951 ASink fund 8s series B_. _ -.1952 Denmark 20-yr external gold.6s.1942 unstamped stamped Nov. Nov. Nov. Nov. 1 MN 7s unstamped German Gov't International— 55% Nov. 13 22 22 20 22 52 Nov. 19 49% Nov. 27 62 Nov. 20 8 Nov. 12 18% 14% 14% 16% Nov. 4 Ma 4 Ma 7%s 49 47 71 7 1 46 (Rep of)1 7s 1951 5s of 1904 1944 M S F A Ser A of 1914.-1949 External s f 7s 51' 48% Nov. 45% Nov. J of deposit (Republic) 7s„-. 1967 Finland (Rep of) external 6s 1945 AFrankfort (City of) s f 6%s.. —1953 11,000 French Republic 7 Ma stamped—1941 17,000 "9",000 Nov. Nov. 29 50 49 27 Sale J 1942 2,000 Dominican Republic: ■ f 5 %s 1st ser 5 Kb of 1926 --1940 12,000 2d series sinking fund 5 Ma 1940 8,000 Customs Adm 5%s 2d series..1961 13,000 5%s 1st series 1969 3,000 5 Us 2d series 1969 23,000 ADresden (City) extl sf 7s...—1945 9,000 El Salvador (Rep) 1st s f 8s A._.1948 52,000 Sale 36% Nov. 1 Nov. 1 26% Nov. 26 39 Sale Cuba Rep of) 5s ext debt External g 4%s Sale Sale 13% Sale 15 14% 12% Nov. 13 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 47% MN 7s___ External g 5%s 17 13% Sale 35% 26% 26% 14% 11% 11% 12% 47 A 1947 1952 — 1953 —i-— 1942 21,000 Copenhagen external 5s Gold 4 Ma 57,000 25,000 Cordoba (Prov)uArgentina 27 33 % Sale" 1951 J D 5|------ 1950 M S a6s of 1928 "25"" 4 Sale 1960 M S By 27 1 Nov. 46 1960 A O 1952 MN (Germany) s f 6%s— (Republic of) Sale 36% 39% Nov. 37 45% 1961 Colombia 15 11* 11* 36% Sale 27 Sale 58 58% Sale 40 9% __ AChinese Hukuang "7",665 Sale 32 Sale 9% Nov. 30 26% Nov. 6 32% Nov. 13 57% 56% 56% 56% 38% a6sassented 1962 MN AGuaranteed sink fund 6s____ 11,000 1962 MN 48s assented —--— 49,000 1960 M S 2,000 AChilean Munic Loan 7sj-----a7s assented 27 Sale 52% Nov. 15 9% Nov. 15 63 A Sale - 48,000 36% 36% 38% 26% "35"" "38"" _ D F 15 1945 1961 1944 1967 1968 1954 1950 ACent Agric Bank (Ger) 7s.---AFarm Loansf6s July 1960 1960 a6s Jan 1937 coupon on---. AFarro loan s f 6s Get 1960 1960 a6s Apr 1937 coupon on 1942 AChile Republic ext s f g 7s 1942 a7s assented.1960 AExtemaI sinking fund g 6s—1960 a6s assented-.--—--— AExternal s f gold 6s Feb 1961 1961 ~7l",666 Sale Nov. Nov. 28 D 3 75,000 48,000 343,000 6,000 ags assented _ * 77,000 1961 ARy ref extl s f g 6s Jan 7,000 a6s assented----^un 1961 83,000 1961 AExtl s f 6s int ctfs Sept 2.000 a6s assented Sept 1961 126,000 1962 a Ext sinking fund 6s 3.0001 1962 a6s assented. 67,000 1963 lExternal sinking fund 6s 24,000 1963 a6s assented183,000 1957 3,000 AChile Mtge Bank of gu s f 6%s. 1957 lb M&assented —.— 69,000 1961 AGuar s f gold 6% a — 4,000 1961 a6 Ma assented.---- 23,000 1961 AGuaranteed s f gold 6s Sale Sale 46 75 1967 1968 266,000 Canada (Dominion) gold 4s 30-year gold 5s :378,000 lG-year 2%s_. Aug 136,000 25-year 3 Ma 105,000 7-year 2 Ms 91,000 30-year 68,000 30-year 3s— 76,000 2,000 ACarlst>ad (City) s f8s__- 47% 45% 9% Sale Nov. 19 75 87 7 1984 s 52 Sale Nov. 19 57 M S 1975 f 7s. — - - AStabilization loan 7 Ma a Secured Sale 9% 57 M S 1977 1976 1976 f 4 %-4 Ya 51 Sale 51 48 27 Sale Prices Sale Prices 56% Nov. Sale 53 A J |9bl § bonds 3%sexf srnal s f $ bonds Bulgaria (Kingdom of) Extl Sale Lowest Highest J 1950 1962 (Province of) a6s stamped.-------Readjustment 4 %-4 Ma Refunding s f 4 %-4Ma 51% Ask Ask Bid Bid Lowest Nov. 30 1 F Buenos Aires 251,000 89,000 60,000 58,000 32,000 90 Sale Nov. M S 1957 1958 6,000 Brisbane (City) a f 5s Sinking fund gold 5s 16,000 20-year s f 6s___-_ 9,000 •3,000 ABudapest (City of) 6s— RANGE SINCE JAN. PRICES IN NOVEMBER Price Jan. 2, 1940 stock exchange n. y. EXCHANGE—BONDS May 27 May 22 22% Jan. 19 5% June 12 6 May 27 6% May 9 5% June 6 16 Nov. 28 45 July 15 34% June 12 25 June 13 23 June 13 58 Oct. 9 44% Oct. 10 75 Apr. 2 10% Mar. 18 9% Mar. 15 9 Apr. 18 9 Apr. 18 32 % Apr. 9 92 Jan. 9 72 Jan 78% Mar. 3 9 Jan. 3 91% Apr. 13 70 July 6 54 % Sales in November Value 131 ife1 BONDS exchange n. y. stock $ foreign govt (Concluded) 25,000 (Jugoslavia (State Mtge Bk) 78-1957 8,000 (Leipzig (City) external s f g 7s—1947 1 Lower Austria (Prov) 7 54 s 1950 43",006 (Medellin (Colombia) 654s 1954 3,000 Mendoza (Prov) 4s readj —1954 Mexican Irrigation— 125,000 a4hs stamped assented-----1943 O j 8 D j D 20 14 (City) 454s extl sink fund—1955 16", 606 APanama (Rep) external 5 ms—1953 AExtl 8 f 5s ser a—May 15 1963 Oslo (assented)—.—-1963 (series a 1963) 1054 7054 1554 75 65 54 "7".66o ai 54s assented—; — (Stabilization loan 7s 37",666 8,000 11,000 (454s assented — s f 8s._—__—.. (454« assented AExternal 8,000 APorto Alegre (City of) AExternal loan 754s45,000 B j xs 1 3 54 A O m s d ?s """""""""" A O p A 91 p A 9054 Sale 53 50 Sale 30 5754 52 71 O J d 27 m 80 Af 8 1754 5854 6254 70 AfN 72 . • • D ASaarbruecken (City) s j _ 8. 754 1054 AfN m S a o a o F A m S 24", 000 Sao Paulo 9,000 27,000 «. — sale 11 8 7 —- 1 1454 Sale 27 83 m 91 Sale Prices Sale Prices May 28 7 O 9 10 6m 10 Sale Sale 8 8m 954 854 754 9 33 Sale 5H 5X Sale 754 10 6854 Nov. 7 1554 June 24 14 M Feb. 15 8254 Apr. & Sept 23 June 5 July 22 7 53 M Apr. 18 454 Nov. 26 53 49 m Sale 40 30 28 26 20 7 4m 454 454 4m 3154 Nov. Nov. Nov. Nov. Nov. Jan. Nov. 15 Nov. 15 Nov. 12 32 33 x 37 27 m 33 4X 13 3 June May 2954 May 2354 May 2054 June 12 20 June 11 1 Nov Nov. 25 31 Nov. 20 Nov 12 IIP. 27 m Sale 6 6 Nov. Nov. Sale ----- 27 62 m 10 X Sale 10 X Sale * 854 Nov. 7n Nov. 854 Nov. Nov. 26 8 Sale 9x 8m 7m Sale 454 June 13 554 June 17 454 June 14 Nov. 13 7 3 Oct. Nov. 20 6 June Nov. 30 654 July 854 Nov. 27 Nov. 754 Nov. 6m Nov. 10 Nov. Nov. 954 Nov. 18 854 Nov. 18 Nov. 27 Nov. 1 12 Sept. 24 Jan. 1154 Jan. 30 41,000 96,000 49,000. 129,000 613,000 5,000 1,000 ♦a8sextlloanof 1921———1936J a8s external 1950 J a7s extl water loan..... 1956 m a6s extl dollar loan— —1968 j j 3 s J 7s—----1940 a o — ASec s f g State Mtge Inst 7s——-1945 ASinking fund gold 6 54s-Dec 1946 Serbs Croats 8c Slovenes (Kingdom)-a8s secured external---1962 23,000 a7s sales b sec external......1962 26,000 14,000 ASilesia (Prov) extl sink fund 78-1958 (454s assented—....————1958 14,000 1,000 (Silesian Landowners Assn 6s—1947 a Saxon Sydney (City) s f g "8-, 606 1,000 232,000 j D j D afn Af n J d j d p a 554s——1955 F A 354.-4-454% (s bonds of 1937) External conversion 1979 AfN 354-454-4'!.% extl conv. 1978 j D 4-454-454s external readj 1978 F A 3 3 Mb external readjustment--.1984 J "5,000 a Venetian Prov Mtge Bank 7s—1952 A O a Vienna (City of) 6s__--------1952 mjv awarsaw (City) external 7s 1958 F A 23",000 33.000 assented-.----—-——-1958 67!000 Yokohama (City) extl s f 6s 1961 14 34 m 11X 11 5 5 12 83 m 55 X 39 7h' 6m 3X 4X 16 12 M — • • - - —— 10m Sale 7 8 Sale 10 m 9m 56^ Sale 52 49 52 43m 40X 43m 38m 38 m 35m 48 Sale 47 48 8 Mar. 29 6m A 6 j d 59 «.—- 3. Oct. 27 18 y 2754 Nov. 27 7 27 31 1154 Mar. 9 1054 Mar. 8 103 Feb. 4l54 June 98 Jan. 15 May 5 M June 27 Oct. 59 June 4M June 7 14 5 June 11 19 7 15 23 7 27 5 June 24 June 12 Oct. 14 June 18 Apr. 1 1154 Feb. 20 Mar. 9 12 Mar. 9 61 Mar. 15 1254 Apr. 8 954 Apr. 10 22 Sept. 27 80 Mar. 25 13 " Nov. 15 5M Nov. 23 22 Sept.27 J53M Aug. 2 1054 934 1054 954 1054 Nov. 27 8m Nov. 14 h Nov. 14 June 12 12 Apr. 2 Nov. 15 June 14 1054 Apr. 1 "1654 2454 Nov. 6 1554 Nov. 12 2554 Nov. 8 1654 Nov. 29 15 Nov. 12 13m Nov. 12 33 m Nov. 4 27 Nov. 6 2654 Nov. 18 16 Nov. 26 15M Nov. 27 40 X Nov. 27 8 Nov. 28 7 Nov. 23 354 Nov. 15 3 54 Nov. 26 27 Nov. 15 754 Nov. 9 754 Nov. 12 454 Nov. 20 4 Nov. 20 27 Nov. 15 155a 39 40 16 16 54 10 m 8m 754 6m 10 m 7 ----- ih "4m 6 8 9 9 54 954 3354 6x 5m "Nov. Nov. Nov. Nov. Nov. Nov. 53 60 4154 3854 Nov. 19 4254 Nov. 20 50 21 52 21 44M Nov. 24 Nov. 8 5154 Nov. 29 5M June 12 39m 40 38 —- ----- 1254 7 2 50M Nov. 28 Nov. 6 49 7 Oct. 40 4054 June 3554 Oct. 3 9 21 42m 44 49 Oct. Jan. ^ug. June 4154 Nov. 12 38" "Nov. 7 6 3854 "Nov." "7 43 X Nov. 16 Nov. 25 Nov. 18 25 Nov. 18 ~— 2554 Nov. 8 1654 Nov. 29 16 Nov. 26 15 54 Nov. 27 40 54 Nov. 27 2754 Nov. 27 26 X Nov. 18 1554 1454 554 554 Mar. 23 Mar. 19 27 87 63 41 Nov. 15 Jan. 24 Mar. 20 Mar. 7 Apr. 16 Apr. 11 6254 July 17 2fi 8 63 Apr. 15 Mar. 20 63 Mar. 20 65 3254 June 26 5554 Apr. 15 June 11 3154 June 28 34 June 27 3654 Sept. 30 24 Aug. 17 8 May 14 53 Mar. 18 5154 Mar. 11 5654 Apr. 16 56 May 23 33 40 12 9 18 Nov. 29 39 48 1 26 5 42 38X Nov. 13 12 24 18 11 June 9 49 Nov, 12 21 655 Oct. 30 354 Oct. 11 3 June 17 51M Nov. 39 35 m 4254 4654 25 - Nov. 29 4 13M Jan. 6 May 4M June 4M June 2054 May 1254 June 854 June 53 5254 4954 4954 3954 Sale 2754 Nov. 27 2654 Nov. 18 3954 10m - Mar. 19 13 12 5§ 23 m "Bo"" Sept. 16 1054 Mar. 11 11 Mar. 13 1054 Mar. 15 1054 Mar. 15 854 Feb. 26 10 M Mar. 28 1654 Feb. 17 9M Apr. 8 754 Jan. 11 7 Mar. 19 4 Sale 40 45X 24 5 23 Jan. 55 1554 47m 38 X Mar. 26 Jan. Apr. 59 m 16m 47 m 44X Mar. 18 Mar; 19 8m Nov. 29 9m Nov. 26 2954 Nov. 20 554 Nov. 20 5m Nov. 23 Sale Sale Sale 45 39 X 22 m Sale Mar. 13 13 Jan 8 854 8m 9m 8m 10m 31m Sale 5X 7 5m 554 25 60 Sale Sale 43 x 44 m 50 m 58 88 Sale 49 F railroad and industrial companies J d 115.000 ♦laabitlbi Pow 8c Paper 1st 5s—1953 Adams Express coll tr g 4s-—1948 Af s Collateral trust 4s of 1907 1947 J d Sale 15 8054 Mar. 13 80 80 56 m 9h' 14 5Hs———--1971 j J Tokyo City loan of 1912 5s—-1952-m s Externals f 554s guar—--—1961 a o AUruguay (Rep) external s f 8s—1946 p A AExternal sinking fund 6s 1960 Af n AExternal sinkingifund 68——1964 Af n 354-4-454% (s bonds of 1937) External readjustment 1979 AfN (454s 8m Sale 7m 854 754 Sale 24 14 60,000 Taiwan Elec Pow 24,000 126,000 24 X 15 m 15 X 6 6 Mar. 13 90 11* Feb. 14 Nov. 18 Nov. 18 11 9 30 65 10 3 3 Nov. 20 Nov. 23 27 k Nov. 27 Nov. 20 92 6254 Nov. 27 Nov. 2 27 Jan. 10 58 13 75 28 105 m 1° 82 June 26 74 m Sept. 16 53 Nov. 7 Nov. 12 3 54 Nov. 89 9754 Apr. 9754 Apr. Oct. 454 June 14 854 Feb. 26 354 May 31 " 3 1254 Mar. 9) 1254 Mar. $ 3 71m Apr. 7154 Mar. 20 Oct. June June Aug. n 13 5354 Jan. 2654 Nov. 13 Nov. 14 4 9> Nov. 30 Nov. 28 Nov. 26 Nov. 20 Jan. June 25 May 13 Nov, 15 Nov. 15 Nov. 15 22 55 X 50 53 i80y> 2654 Nov. 2654 Nov. 86 61 Sale 21M 954 3954 3754 1954 9654 5954 954 June 18 90 X 63 m 7% Sale 7 Sale 10 X 4 6 9 35 29 754 754 754 754 5 26 m 89 86 6 3" Nov. 13 3m Nov. 15 3m Nov. 8 9m 10 Nov. Nov. — 8x 9 — 6 104m Nov. 27 5 5 4 1 Feb. Nov. 7 56 50 m Nov. 19 Nov. 2 51 Nov. 14 37 3354 Nov. 1 3554 Nov. 28 Nov. 20 Nov. 13 Nov. 4 45 4054 Nov. 4 454 Nov. 23 Sale Jan. Jan. 5454 n°v 20 Nov 18 49 49 34m 30 m 5m -- 44 1 454 Nov. 25 4M 454 454 4M 3354 June 654 Nov. 13 3m 3m 454 June 12 454 June 12 40 7 ox ex 654 654 ex 23 9 Jan 4 June 14 Feb. 13 Jan. 8 June 12 5454 Nov. 23 2754 Nov. 20 8 26 m Nov 42 m Nov, 29 13 3854 Nov. I« 54 54 M 54 Nov. 3d 27 „ 1952 m N mN — a6 54s extl secured s f--——1957 San Paulo (State of)— 1754 Jan. 1254 Mar. 14 7 Nov 35 754 Sale j 10X Sale 60 m 12 o 60 8 Nov. 15 9 10 10 50 8m Nov. 8m Nov. 51 Sale 8 A 7% 7 54 2 2 28m Nov. 19 48m Nov. 55 Sale 7X 7x um F d M2V 36 m 31 ----- —- 1964 Af s f Nov. ~70" 51 56 6m 6m 9m 6X Sale 6m Sale 6m 9m 5m 5m 13m 4 7m 3m 7 3m 4 "954 a _ Sale 48 6 1254 854 Sale (City of)--- a8s extl secured s 11 11 99 m 90 Sale 2 44 45 Sale 40 9r 28 h 2654 103 X 104 X 104 m 104 x 10354 Nov. 8 71 74 Nov. 28 "61M Sale "58m 60 m 60 61 61X Sale 9m 10 954 Sale D 1953 J f 6s Sale Prices 8 Nov. 8 27 25 Sale 6 Sale 46 51 70 Sale 43 X 6 54 7m 6m 1254 654 654 9 48 m 39 80 10354 10654 AfN Sale 30 Sale 71 MN\ 4 4% Sale Sale Sale 7254 FA A 3 Sale 34m 33 x "16*" Nov. 7 Nov. 7 Nov. 12 Nov. 6 48 49 33 m Sale A 2 Sale Sale 75 p 4m Sale 4 X Sale 50 X 50 x Sale D Nov. 12 854 Af s A O j 754 Nov. 26 66m Nov. 4 2 Sale 8m 8m Sale 41 a 8x 63 m 30 X 42 F 2X 2 3854 8054 Sale 7954 Sale a7s Municipal loan 1967 j d 16,000 141,000 Rome (City) external s f 654s—1952 A o 12,000 ARoumania (Kingdom of) 7s-—1959 F a AFebruary 1937 coupon paid-----2.000 Santa fe extl s 1 4s 8 9 Sale 4m IX 31X Sale X 154 5254 Sale 40 1961 1966 III- miv .1958 .1947 :1968 .1950 .1963 8s. 254 J .1960 J .1961 .1940 , Nov. 8 1 a af s <§5/* 8 67 IX IX j J .1947 Af s .1959 m S 7,000 APr&gue (Greater City) 7 54s-—-1952 14,000 (Prussia (Free State) ext 8 f 654s 1951 ASinking fund gold 6s———1952 36,000 44,000 Queensland (Stateof) ext s f7s—1941 25-year extl s f 6s Feb 15 1947 23,000 4,000 iRhine-Main-Danube deb 7s ser a 50 111,000 aRIo de Janeiro (City of) 8s 1946 AExternal sec 654s ----1953 174,000 Rio Grande do Sul (State of)— a8s extl loan of 1921-—-1946 43,000 a6s extl sinking fund gold—-1968 121,000 a7b extl loan of 1926-—1966 29,000 Sale Prices 26m Nov, 10 Sale 154 54 154 Sale 154 ACtfs of deposit 21,000 iPernambuco (State of) 7s-. 15,000 APeru (Rep) Sec s f g 7s——. ANational loan ext 8 f 6s. 339,000 ANational loan ext s f 6s. 200,000 ♦(Poland (Rep of) g 6s Ask , 1 Highest 12 27 mN 9i 49,000 »iTreas 6s of '13 assent--.--—1933 195,000 Milan City (Italy) ext loan 6 54s. 1952 Minas Geraes (State of, Brazil)-— ASec extl sf 654s 160,000 1958 ASec extl s f 654s 40,000 1959 4,000 AMontevideo (City) 7s —-1952 a6s series a--.---*959 38",660 New South Wales ext s f g 5s— -1957 External s f g 5s— 10,000 —1958 21,000 Norway 20-year ext s f 6s———1943 28,000 20-year external s f 6s— 1944 External sinking fund 454s—1956 15,000 External sinking fund 4 >48—-1965 13,000 4s sinking fund extl loan 24,000 1963 2,000 Municipal Bank ext s f 5s.—-1970 12,000 ANuremberg (City) external 6s—1952 58,000 Oriental Development 6s-_— —1953 External deb 554s——-—1958 114,000 Ask Bid 13 6 Lowest Highest D j (Mexico (u s) extern 5s 1899 £-1945 q a Assenting 5s of 1899—------1945 242,000 AAssenting 4s of 1904-1954 a Assenting 4s of 1910 435,000 1915 J 229",000 AStamped Bid a Lowest Nov. 30 Nov. 1 Ask Bid A F RANGE SINCE JAN. PRICES IN NOVEMBER Price Jan. 2, 1940 ,. , 213,660 31 N. T. STOCK EXCHANGE—.BONDS Dec., 1940] 51 Feb. 24 1354 Oct. 30 754 Jan. 3 3 3m 43 m "3m 49 X Sale Sale Sale Sale 47m 354 48m Nov. 43 M Nov. 4 1 4 4854 Nov. 29 48 3 6 3 3 54 Nov. 3 June 17 4154 Oct. 9 69 Mar. 26 - "t,6oo 7,000 "2*666 454» stamped— -—.—1946 f A (Adriatic Elec Co external 7s—1952 A O ala Gt Sou 1st cons 5s ser a..—1943 j D First cons 4s series b___—-—1943 J D 8,000 5,000 Albany Perforated Wrap Pap 6s.1948 6s with warrants assented.—.1948 15,000 24,000 Albany 8c Susq 1st guar 3 54s——1946 203,000 Allegheny Corp coll tr conv 5s. .1944 Collateral and convertible 5s—1949 381,000 stamped 1950 1,745,000 11,000 Allegh & West 1st g guar 4s.—. 1998 1942 11,000 Allegh Valley gen gu 4s— Allied Stores Corp deb 4 ms 1950 5,000 454« debentures..—.——.1951 279,000 Allis-Ch&lmers Mfg conv 4s.—.1952 165,000 (Alpine Montan Steel 7s —1955 256", 660 Amer 8c Foreign Power deb 5s—2030 American i g Chemical 5 ms—1949 203,000 Amer Internat Corp conv 5 ms. 1949 99,000 American Telephone 8c Telegraph— 20-year sinking fund 5 ms 1943 463,000 3ms debentures..— .......-1961 219,000 a 5s . A O A F O A J d A O A O Af s A O f A m s Af s Af s AfN J j mN a, o 3 ms debentures a——.1966 j D 255,000 Am Type Found s f debs 2 54-6s 1950 j J 1,000 UN 26,000 Amer Water Wks 8c el 6s ser a..1975 For footnotes, see page 30. 51 104 102 108 m 67 107"" 52 60 85 76m 53 Sale Sale 83 107 X 58 74 m Sale 30 H 39 1 56 52 82 94 X 43 79X Sale 56h Sale 106 m Sale Sale 110m Sale 13m 31 63 m Sale 103 104 m 108 30 53 Nov. 15 Nov. 18 101 Nov. 18 1 108 Nov. 29 107M Nov, 39 7954 Sale 78 61 5354 Nov Sale 100 Sale 108 X Sale Sale 51m 103 Sale 100h Sale 105 We 109 X 10854 Sale Sale Sale Sale 10154 Sale 108 X Sale 50 m Sale 10454 Sale 10054 Sale 6 §154 100 108 Nov 10154 6 109 Nov. 18 Nov. 29 Nov. 27 Nov. 7 Nov. 30 Nov. 26 Nov. 15 50M Nov, 30 5554 Nov. 13 1 10454 Nov. 23 103 Nov 6 102 100 Nov, Nov. 26 104l7«Nov. 29 10554 109 Nov. 1 111 10854 Nov. 11054 105 105 10454 Nov. Nov. 9 110M 110m 110 104% Sale 11054 Sale 110m Sale 103 10954 110m 110 100 Sale Nov, 7 62 m Nov, 25 6854 Nov 12 104 m Nov 13 102 1 102 Nov, 6854 Sale 104 m 10454 104 m 104m 104 102 101X 102 Sale Sale 108 m Sale 108 m Sale 105 X 106 107 x 108 m 109 101 10054 110X 111 11054 Nov. 16 11054 Nov. 16 Nov. 15 10754 108 m 10754 Nov, 8 108 58 m Nov, 58 8 40 58 Nov. 8 58 4 Nov, 54 m 50 46 52 Nov. 4 52 Nov. 27 Sale 81 81 82 Nov, 1 Sale Sale 6 96 Nov, 93 97 m Nov. 15 5912 106 100 96 Nov. 101. m 103 110m 111 107 x 108 79m 68 41m 100 x 103 100 X 107 m Sale Nov. 2 Nov. 15 Nov. 14 Nov. 20 Nov. 15 60 6 2754 June 9754 July 17 10454 9854 June 19 10454 100 May 24 10854 3054 Oct. 21 8054 Jan. 23 11054 109 June 12 10854 105 Oct. Feb. Jan. 2 Feb. 2 Nov. 16 Apr. 23 Jan. June 26 60 3 61 Feb. 6854 May 27 87 Jan. 45 46 'ug. 16 8 Apr. 27 23 28 18 June 10 9754 Nov. 16 June 10 2654 May 22 Jan. 17 59 8154 Nov. 18 69 58 6254 6854 Oct. 14 107 54 10454 5 10254 June 99 June 17 102 89 10654 May 15 111 1754 Jan. 20 26 44 Aug. 14 6854 10054 May 22 10554 3 10554 June 91 104"mNov. 29 104 May 22 10354 May 28 9354 Sept. 11 96 May 22 Nov. 29 Nov. 27 Apr. Feb. Oct. 8 4 Apr. 3 Mar. 18 Apr. 1 10954 Jan. 111 13 Oct. 25 Nov. 25 2 Nov. 15 11054 Nov. 14 Jan. 11 11054 Oct. 23 107 22 N. T. STOCK Sales in Value I? BONDS November N. Y. STOCK EXCHANGE SI . J 109,000 Atl Gulf & W I SS Line coll tr 5s_1959 J 38,000 Atlantic Refining deb 3s 1953 M S J 6,000 Austin & N W 1st g 5s guar 1941 J Baltimore & Ohio RR— 583,000 369,000 1,150,000 765,000 702,000 1,032,000 1,189,000 155,000 2 <5,000 1st mtge gold 4s --July 1948 Stamped modified bonds— 1st mtge g (interest at 4% to Oct 1 1946) due y July 1948 Ref & gen ser A (interest at 1 % to Dec 1 1946) due --1995 Ref & gen ser O (Interest at 11-5% to Dec. 1 46) due. 1995 Ref & gen ser D (Interest at 1 % to Sept 1 1946) due 2000 Ref & gen ser F (interest at 1 % to Sept 1 1946) due --1996 A O Ask Nov. 22 4954 Nov. 27 9854 Nov. 4 34 Nov. 1085* Sale 106 106 106 Nov. 8654 Nov. 86 Nov. 9554 Nov. Nov. 20 Nov.27 10854 Nov. 15 99 "9554 "9654 80 86 70 Sale 96 104 54 1015* 11154 1115* Nov. Nov. Nov. Nov. 95 Nov. 18 100 Nov. 15 Nov. 29 Nov. 22 QQ 92 June Nov. Nov. 3654 Nov. 14 7654 Nov. 12 10654 Nov. 15 96 Nov. 6 Sale Sale Sale 70 Nov. 12 55 54 Nov. 15 72 68 31 Nov. 14 Nov. 15 Nov. 1 5 25 Nov. 13 10054 Nov. 16 77 62 Jan. 4 Jan. 3 76 6454 May May 6154 May 55 May 28 May 2354 June 6254 May 10254 May 41 82 Jan. 99 Mar. 93 29 695* 6554 Sale Nov. 27 Oct. 114 Jan. Nov. 13 33 Sale Jan. May May 108 May 10454 May 99 10054 Nov. 16 30 53 3 Nov. 20 Apr. 6 9754 Nov. 29 9754 May 13 96 Apr. 25 4 1055* Apr. 1015* Nov. 15 11154 Oct. 16 1115* Nov. 22 June Nov. 14 114 995* 10054 100 68 655* Sale 36 31 9854 77" 9754 Nov. 29 Nov. 3 May 89 Sale 70 71 1055* 106 Nov. ----- 88 June Jan. 27 Sale 7154 95 June 76 92 8 33 54 Sale 99 Apr. 26 Jan. 10854 Nov. 15 10154 May Nov. 29 Nov. 7654 745* Nov. 7454 7454 Sale 105 54 10654 10554 Nov. 10554 Sale 9554 Nov. 96 9654 965* 9454 Sale 39K Sale 96 2754 July 30 41 May 22 50 975* Apr. 9 9954 955* May 28 106 95 May 28 106 32 8854 Nov. 14 Sale Sale 61 645* 100 Nov. Nov. Nov. Nov. Nov. Nov. 76 Sale 875* 97 9654 9954 6654 51 bi 6954 645* 95 9954 Sale 6654 Sale 9954 92 92 Sale Prices Sale Prices 102 May 25 10754 Feb. 23 Jan. 4 Feb. 20 Feb. 7 70 41 9 34 54 Feb. 7654 Nov. 12 10754 Jan. 9654 Oct. Jan. 24 25 73 Sale 705* Sale 705* Nov. 30 7454 Nov. 15 565* June 10 7454 Nov. 15 O 73 Sale 705* Sale 705* Nov. 30 755* Nov. 15 55 May 22 755* Nov. 15 D 365* Sale 355* Sale 3354 Nov. 27 3754 Nov. 15 15 54 May 21 3754 Nov. 15 J D 40 54 Sale 3954 Sale 385* Nov. 27 4154 Nov. 15 18 May 21 4154 Nov. 15 M S 36 Sale 35 Sale 3354 Nov. 27 3754 Nov. 18 1554 May 21 3754 Nov. 18 M S 3654 Sale 155* Sale 35 Sale 335* Nov. 28 ,3754 Nov. 18 Nov. 7 125* Nov. 27 16 1554 May 21 754 May 21 3754 Nov. 18 16 Nov. 7 ^Convertible due- ...Feb 1 1960 F A 605* Sale 47 Sale 97 Sale 55 1005* 101 70 60 Sale 35 45 725* 8454 1155* Sale 133 Sale 102 gtd g 3 54s—1943 22,666 iBerlin City Electric deb 6548--1951 9,000 iDeb sinking fund 654s 1959 Belvidere Del cons Berlin Elec Elev & Undgrd Sale Nov. 26 1 Highest Lowest 112 109 bi Sale 10754 10854 65 46 112 10054 32 3054 Nov. 4954 96 9554 10454 165" 10354 10154 1015* 10054 Ill 11154 11054 1115* 1095* Sale 100 75 62 345* 47 9854 Nov. 9954 9854 995* 1035* Nov. 10354 Sale 1055* 106 10454 Sale 10554 Sale 1045* Nov. 85 Pgh L E & "West Va System— Ref g 4s extended to 1951 MN S'western Div 1st M (Interest at 354% to Jan 1 1947) due. 1950 ^Debentures 6s 46 9854 875* Sale 9554 9454 94 95 H 54, 9554 10454 Sale 100 10054 11054 1095* Sale Sale 9554 Sale Price Nov. 15 106 Sale 102 bi 92 Sale Prices 104 106 *97,A Sale 95 Ask 3354 3054 44 Highest Sale 85 bi 85 bi Ask Bid 10454 10454 10554 Sale Sale 34bi 3754 4954 Sale 95 985* 10054 Sale 99 bi Sale 106 Bid Lowest Nov. 30 J 18,000 48 stamped 1951 2,000 Battle Creek & Sturgis gu 3s 1989 Beech Creek Exten 1st g 3 Ha—1951 53,000 Bell Telephone of Pa 1st 5s B—1948 37,000 First & ref 5s series C 1960 8,000 Nov. 1 A 61,000 Toledo Cin Div ref 4s A 1959 40,000 Bangor & Aroostook RR 1st g 5s 1943 4,000 Con ref mtge gold 4s 1951 ' 106 54 RANGE SINCE JAN. PRICES IN NOVEMBER Price Jan. 2, 1940 Bid 77,000 Anaconda Cop Mln sf deb 454^-1950 A O Anglo-Chilean Nitrate— ' 23,000 iSinking fund income deb 1967. Jan 10,000 |Ann Arbor 1st g 4s July 1995 Q J 4,000 Ark & Memp Bdge & Term 1st 5s '64 M S " 377,000 Armour & Co 4s s f ser B (Del)--1955 F A 133,000 1st M s f 4s ser O (Del) —-.1957 J J Atcbinson Topeka & Santa Fe— 446,000 Gen g 4s 1995 A O 20,000 -Adjustment g 4s-July 1 1995 Nov 126,000 Stamped 4s July 1 1995 MN 12,000 Conv g 4s of 1909 1955 J D 38,000 Conv g 4s of 1905 1955 6,000 Conv g 4s of 1910 1960 81,000 Conv deb gold 454s -1948 21,000 Rocky Mtn div 1st 4s A 1965 j 6,000 Trans-Cont Short Line 1st 4s gl958 17,000 Cal-Arlz 1st & ref 454s ser A--1962 M S Atl Knox & No 1st g 5s 1946 J D "so'.ooo Atl & Char Air Line 1st 454s A--1944 J J 124,000 1st 30-year 5s ser B 1944 J J 250,000 Atl Coast L 1st cons 4s July 1952 M S 276,000 General unified 4 Ms series A. 1964 J D 103,000 10-year coll trust 5s—May 1 1945 MN 291,000 L & N coll at gold 4s Oct.. 1952 M1V 24,000 Atlantic & Danville 1st g 4s 1948 J J J 13,000 Second 4s_. 1948 J EXCHANGE—BON JJ8 13 Sale 30 29 1354 22 28 27 13 1955 59 405a 45 6954 84 1135* Sale 13254 Sale 10554 Sale 125* Sale 515* 5854 59 Nov. 45 Sale 52 54 94 Sale 52 95 Nov. 9554 Nov. 5554 Nov. 55 "75" 5454 5654 55 45 51 405* Nov. 40 June 8 32 June 8 4654 June 60 Oct. 7 1 89 June 101 54 May 70 Jan. Jan. 16 Nov. 25 Nov. 1 54 37 June 72 Apr. 45 56 Nov. 59 405* Nov. 6 84 4954 Mar. 13 725i 11751 13551 6754 Sept. 11354 11454 11354 Sale 13254 10554 265* 2754 27 265* 27 275* 13554 2 8 61 6 615* Oct. Nov. 485* Nov. 5554 Nov. 97 Nov. 7 4454 Nov. Nov. Nov. 11454 Nov. 8 13554 Nov. 30 Nov. 2754 Nov. 27 2754 Nov. 8 2754 Nov. 4 Nov. Nov. 112 June 12754 June 1454 Sept. 13 1154 May 11 135* Aug. 12 2 Jan. 13 Feb. 7 Mar. 6 Feb. 9 Nov. 30 2754 Nov. 27 2754 Nov. 8 2754 Nov. 4 Rys— 8,000 ilst 654s 195P <658,000 Bethlehem Steel 354s conv deb--1952 110,COO Com mtge 3 5*s ser F 1959 Consol mtge 3s series G 187,000 1960 Consol mtge 35*s series H :220,000 1,000 Big Sandy Ry 1st mtge 4s 18,000 Blaw Knox Co 3 bis 1354 1005* Sale Sale 10654 10654 1025* 10454 109 1105* 109 10754 1965 1944 1950 100 2754 1675* 10754 Sale 104 54 105 10654 107 110 1095* 10054 10054 iol" Sale Sale Sale Sale 107 54 27 Nov. 102 9 275* Nov. 10954 Nov. 10754 Nov. 275* Nov. 12 Apr. 9 June Nov. 10354 May 112 100 May Nov. Nov. 99 102 June 107 5* Nov. 22 105 Nov. 23 June 107 10954 Nov. 10054 Nov. 10654 Nov. 1065* Nov. 108 Oct. 10954 Oct. 26 June 101 Oct. 19 105 107 10454 Nov. 10954 Nov. 1005* Nov. 92 Nov. 19 Boston & Maine RR— 149,000 48,000 43,000 214,000 377,000 32,000 74,000 i,00C 116,000 46,000 114,000 72,000 55,000 463,000 6,000 3,000 2,000 65,000 58,000 148,000 1967 1st mtge 5s series II 1955 1st g 45*s series JJ 1961 1st mtge 4s series RR 1960 Inc mtge. 454s series A__July 1970 JiBoston & NY Air Line 1st gu 4s '55 Bklyn Edison cons mtge 3 bis—1966 Brooklyn Union El 1st 5s— —1950 Brooklyn Union Gas Co 1st g 5s 1945 1st lien & ref 6s series A -1947 Debentures gold 5s 1950 1st lien & ref. 5s series B 1957 Buffalo Gen Elec 4 bis ser B 1981 Buffalo Niagara Elec 3 bis ser C .1967 Buffalo Rochester & Pittsb'gh Ry— Stamped modified (interest at 3 % to Nov 1 1946) due 1957 1st 5s series AC *JiBurl Ced Rap & Nor 1st 5s__1934 ACertificates of deposit 1st 4s Bush Terminal Co Consolidated 5s. 44 V Sale MN 4551 Sale A J O F A MN F A MN 108 Sale Sale Sale Sale 10854 435* 35* 35a MN O 69 1952 1955 43 54 65 53 71 60 J "92" 45* 354 7154 Sale 68 Sale Sale 645* Sale •45 10354 Sale 9754 10054 "95 55 D 48 52 A A 88 D F A 854 3054 1987 —1987 1962 MN A O A O J D J J 7 Sale 87 105* 33 Sale 35* Sale 35-8 Sale 9 554 65* 45* . 1454 2554 554 154 15* 4 5a 25* M 8 108 109 109 A 110 Sale Sale Sale Sale Sale 111 O 4654 1854 16 10954 5154 165* 1354 1085* Sale Nov. 8 954 Nov. 25 11054 Nov. 19 Nov. 84 102 Nov. Sale 96 97 Sale 965* Nov. 2 99 95 Nov. 2 Nov. 4 Nov. 6 Nov. 14 9654 Nov. 14 965* Nov. 15 93 9754 94 Sale Nov. 30 935* 9354 10554 515* 7054 945* 10554 Sale 515* Sale 76 745* 10154 10154 101 68 6954 Sale 64 54 6254 6354 30 47 Nov. 30 107 Nov. 29 55 Nov. 6 76 53 Sale 89 86 Nov. 22 1554 255* 45* 54 54 454 Nov. Nov. Sale Sale Sale 5 4 25* 10954 HI 54 1115* Sale 48 54 Sale 1354 1154 145* Sale 1085* Nov. 14 Nov. 8 Nov. 28 UH Nov. 975* Nov. 52 Nov. 985* Nov. _ 13 15* Nov. 14 Nov. 28 10254 Nov. 1 Nov. 7 Nov. 26 Nov. 20 Nov. 26 88 454 9954 Nov. 15 45 93 925* 9854 100 6 1055* Nov. 15 Nov. 20 9954 8854 1554 255* Nov. 20 Nov. 26 Nov. 25 Nov. 9 Nov. 30 Nov. 1 Nov. 6 Nov. Nov. 154 Nov. 14 1 15* Nov. 454 Nov. 13 Nov. 5 11154 Nov. 5154 4954 Nov. Sale 1354 Nov. Sale 1154 Nov. Sale 1075* Nov. 111 7 10754 Nov. 7 1115* Nov. 16 96 255* Sale 7 885 1085 M 94 Aug. Sept. 654 June 105 May Nov. 14 97 11154 Nov; 18 5154 Nov. 17 Nov. 7 1554 Nov. 13 10854 Nov. 4 Jan. 17 1115* Nov. 30 6 11354 Nov. 103 Sale 6 4254 Nov. 465* Nov. 19 4 4 Nov. 25 Nov. 18 354 354 Nov. 35* Nov. 2 2 354 69 Nov. 4 695-s 70 Nov. 6 6854 42 Nov. 27 435* Sale 1 4354 Nov. 66 Nov. 2 68 6654 Sale Nov. 13 10754 Nov. 4 10754 Nov. 30 10754 Sale 8954 Nov. 1 Nov. 13 93 925* 895* 93 96 935* Nov. 2 9654 Nov. 15 95 95 96 Nov. 6 Nov. 15 99 16 65* 67 5 19 Sale 32 Sale 405 43 995* J 1947 F - For footnotes see page 30. Sale 20 7154 J 103 Nov. 27 79 72 Nov. 6954 Nov. 103 7254 Sale 10154 Sale 1955 F 10,000 iCent Br Un Pac 1st g 4s 1948 10,000 t iCent of Ga Ry 1st g 5s__Nov 1945 ♦iConsol gold 5s 105,000 1945 iRef & gen 554s series B 80.000 1959 iRef & gen 5s series C 1959 127,000 iChat Div. pur money g 4s_-_195l 12,000 ^Mobile Div 1st g 5s -1946 Cent Hudson G & E 1st & ref 3 bi '65 1966 11,000 Central Illinois Light 3 bis 61,000 t iCentral New Eng 1st guar 4s.. 1961 116,000 JiCentral of N J gen g 5s a General 4s 47,000 50,000 Central N Y Power 3 bis. Sale 10754 Sale 8954 Sale 95 9354 97 955* 96 54 Sale 965a 100 945* 100 95 9354 95 9354 1055* Sale 1981 J Nov. 7054 1754 Nov. 185* Sale 9 9 Nov. 85* 10954 11054 10954 Nov. HI 54 1115* 4154 Jan. *15 4154 Jan. 16 IIA 70 11054 Nov. 11354 11454 11354 11354 1135* Nov. Sale 95 94 Nov. 96 9354 10554 Nov. 10554 106 1075* Sale 11154 Sale 11154 11154 1105* Nov. 10954 10954 110 111 Caro Clinchfield & Ohio 4s 6,000 Carthage & Adir 1st gu g 4s 389 Celanese Corp of America 3s 47.000 Celotex Corp deb ibis w w 77 73 103 D 1965 M S 6,000 Carriers & Gen Corp deb 5s w w_1950 MN 7154 6954 110 J A Sale 77 Nov. 12 Nov. 19 715* Nov. 19 7154 Nov. Sale A D 7254 Sale 89 F MN MN Sale 72 10 854 1095* Sale 1135* 1125* 9554 1055* 1125* J Sale 6954 Sale 185* Sale 954 754 J MN Bush Term Bldgs 1st 5s gu --I960 Calif-Oregon Power 4s 1966 99,000 Canada Sou con gu 5s ser A 1962 68,000 Canadian Nat gold 4)48-1957 Gu iranteed gold 5s 140,000 July 1969 128,000 Guaranteed g 5s Oct 1969 Guaranteed g 5s 44,000 1970 41,000 Guar gold 45*s June 15 1955 Guaranteed gold ibis 60,000 1956 131.000 Guaranteed gold 454s 1951 93,000 Canadian Northern guar 6 Ms 1946 249,000 Canadian Pac 4 % deb stock 52,000 Collateral trust gold ibis 1946 74,000 5s equip trust ctfs 1944 Collateral trust g 5s 173,000 1954 Collateral trust 4 bis. 172,0C0 1966 1 iCarolina Central 1st gu g 4s.-1949 272.666 7154 7654 70 S M Jan. May May May May 15 19 12 11 76 7954 76 74 5* 2354 12 H Aug. Aug. Aug. Aug. Aug. Apr. 1 1 2 5 3 3 21 11054 Nov. 19 3 15 10754 June 3 31 11354 Jan 22 11554 Apr. 20 98 54 Apr. 8 21 18 107 54 Oct. 24 1095* Feb. 23 1125* Jan. 1075* May 31 1095* Oct. 30 255* May 3 May 2 5* May 655* July 3254 June 4654 June 100 May 65 7254 21 21 18 11 10 2 465* Nov. 19 7 Jan. 31 6.14 Jan. 12 7054 Aug. 7 47 Aug. 23 Nov. 13 5 68 24 107 54 Nov. 30 Nov. 13 93 June 25 4 103 5* Jan. 2 June 7554 June 7554 June 74 5* June 72 5* June 72 5* June 26 1065* Jan. 26 1075* Jan. 31 28 26 107 26 Jan. 10554 Jan. 26 103 54 Jan. Jan. 715* June 26 103 87 June 27 11354 Jan. 573 87} 54 May June 7 6954 Apr. 895* Apr. 48 May 28 79 35 ■July 12 45 10254 Oct. 21 1055* 90 June 10 10054 53 5* 40 June 11 9854 Nov. 12 995* 73 5* June 25 905* 854 Jan. Sept. 4 May 54 Nov. 0 54 Nov. 45* July 4 May 106 - May 10954 June 37 May 12 May 105* May 10554 May 25 8 June 24 10854 Jan. 11 May 29 84 5* Mar. 20 10 10 22 26 27 Apr. 6 May 14 Nov. 15 Apr. 11 Nov. 20 Nov. 26 Jan. 11 19 5* Apr. Jan. 3 3054 754 35* 3 54 Jan. 2 Jan. Feb. 16 25 8 17 454 May 21 109 9 5 Jan. Jan. 4 1 5 15 11154 Nov. 18 54 28 Apr. 13 4 24 2054 Jan. 18 31 14 110 Jan. Jan. 3 5 DEC., 1940] Sales in November Value N. Y. STOCK Jan. 2, 1940 EXCHANGE $ Bid 352,000 Cent Pao 1st ret guar g 4s Through St L 1st gu g 4s 657*,000 --1949 1954 6,000 27,000 284,000 261,000 15,000 " 4,000 120,000 167,000 181,000 193,000 118,000 199,000 1,000 147,000 94,000 16,000 391,000 17,000 10.OOU 14,000 90.000 39,000 ----- 58 —1992 General gold 454® 354® ser D..1996 354® ser E--1996 impt M 3 *4® 861 F 1963 Ref & impt mtge Ref 8c impt mtge Ref 8c 22,000 753,000 • 328,000 *387,000 133,000 296,000 21,000 T, 000 P A 124 2d con gold 4s.--1989 Warm Springs Valley 1st g 5s. 1941 iChic 8c Alt RR ref g 3®-1949 Chic Burl & Q 111 Div 354® 1949 Illinois Division 4s 1949 General 4s 1st 8c ref 454® series 1st & ref 5s series A }j}58 1977 1971 B *t iChic & B IU 1st cons g 68—1934 tlchic & E 111 Ry g 5s. 1951 ^Certificates of deposit—-----Chic 8c Erie 1st gold 5s.-—-—1982 lAChic Gt Western 1st 50-yr 4®-1959 X iChic Indianap 8c Louisv rf g 6s 1947 ARefunding gold 5s sot B——1947 ARefunding 4s series, G-- Alst & 1947 109"' 118 M S A O J J J J 16 Sale 73 Sale F A A O AfN MN 83 M S J J 24 3 J J J 12 12 Sale 11854 Sale 1854 Sale 11H 88 Sale 1754 1454 ..... W Sale al* 7 MN 67 25 23 2654 2554 26 2754 754 Sale 2 Sale 13 1354 1354 1454 1454 1854 1554 Sale MN 16 MN 1354 15 1654 1754 954 954 954 Sale 954 Sale 354 Sale , a O UN MN MN •^Chicago Ry® 1st 5s stamped Feb 1 1938 25% part paid—J927If a lAChic R I 8c Pacific gen g 4s—1988 j j ACertificates of deposit -----•ARefunding gold 4s_----——1934 a O ACertificates of deposit—----•ASec gold Aha series A—1952 M 5 ACertificates of deposit AConvertible gold 454®—--I960 MN Chic S L 8c N O gold 5s—-----1951 J D J D A O 3 J M S J 266,000 Chicago 8c Western Indiana 4s—1952 3 129,000 1st 8c ref mtge 454® ser D 1962 M 116,000 Childs Co deb 5s---—-----—1943 A 5854 2354 2154 2454 2454 4554 1354 1154 554 5 Sale 5454 1454 1754 A O MN MN A O Columbia & Hock J A J O Columbus 8c Toledo 1st 550,000 F A 70 60 43 51 ----- Stamped guar 4>48-------—1951 25,000 Conn River Power s f 354s A—-196* 9 o ,000 Consol Edison (N Yd deb 354®--1946 199,000 21,000 3,000 15,000 56,000 25,000 3,000 126,00G 54,000 72,000 6454 6554 10754 5154 Sale -HI- 10554 10654 108 1354 Sale 15 105 26 1954 1954 1854 W 654 66 2954 21 20 19 Sale 754 67 Sale Nov. 7 Nov. 15 Nov. A 10854 10554 Nov. 4 25 Nov. 19 2854 Sale Nov. 22 18 Nov. 25 Nov. 12 1854 1754 554 654 Nov. 19 Nov. 4 Nov. 20 Nov. 27 Nov. 2 Nov. 2 Nov. 1 Nov. 12 15 15 17 6 18 18 19 654 454 68 654 18* Sale 27 til Sale Sale 1554 Sale 15 Sale 1654 1654 Sale 1654 1954 1154 1854 1054 1054 Sale 1054 Sale 154 Sale 4154 6454 1354 1354 Sale 1354 78 65 50 Sale 4854 105 10854 Sale 106 10154 Sale 90*4 Sale 9054 Sale 35 10 10954 Sale 8454 8954 Sale 8154 Sale 7454 7354 80 105 10554 70 Sale 3354 Sale 10454 Sale 10454 10354 Sale 14 Sale 14 1354 1654 1754 Sale 17 9 9 Nov. 1454 Nov. 22 Sale 854 Sale 154 Sale 53 40 10554 10854 105*4 10254 88*4 9054 2954 Sale 8 Nov. 1 554 Nov. 8 15£ Nov. 1 75 Nov. 13 10554 Nov. 13 Sale 10/54 Nov/. 25 106 105k Nov. 7 Sale 10054 Nov. 6 Nov. 7 9054 89 10054 9054 Nov. 1 Sale 2954 Nov. 29 Nov. 13 5654 Nov. 46 Nov. 1 7 87 87 Nov. 1 27 10 11054 HI f 109 Nov. 7 111 10954 10954 10554 10654 10554 10654 IIIIII IIIIII 84 103 80- 70 73 10754 Sale 10654 10454 10354 85. 5454 53 76 109 May Nov. 25 N<Jv. 8 108*4 20 Nov. 28 1 112 Sale 7554 Nov. 91 54 80 Sale Sale Sale 1854 10454 10554 104*4 Sale 67 10754 106*4 7954 1354 10454 10454 10454 113 111 10954 107*4 113*4 12154 Sale 2954 Sale 108 Sale 11 10754 10754 Nov. 19 10754 Nov. 19 84 8154 Nov. 1 8354 Nov. 29 75 Nov. 22 6754 Nov. 29 Sale 68 108 Sale 10554 Nov. 6 107 7854 Nov. 16 8054 Sale 12 Nov. 23 1854 Sale ! 104 Nov. 23 105 103*4 Nov; 27 10554 10454 104 54 Nov: 12 105 Sale 2954 Nov. Sale 107*4 Nov. 11354 Nov. 99*4 Nov. Sale 1 Nov, 19 Nov. 4 Nov. 4 Nov. 14 Nov. 2 Nov. 7 4354 Nov. 26 110*4 Nov. 16 122 Nov. 4 99*4 Nov. 27 10954 '109 Nov. Nov. 109 11 17 14 14 5854 6154 75 10854 MN 10854 10954 Sale June ug. Oct. 10854 10954 11054 10854 10954 Sale 105*4 106 105 1554 13*4 Sale 13*4 12 18 18 1454 1854 1354 1454 13*4 Sale 7454 7654 74 54 Sale Sale Sale 11054 Apr. 6 Mar. 15 Apr. Sept. 3 5 Mar. 13 Mar. 14 Nov. 9 31 Oct. 23 24 23 24 Oct. 24 3154 Mar. 8 Jan. 3 3054 Oct. 3154 Oct. Oct. 31 Vi 18 . i§8 Apr. 9 Mar. 30 Mar. 30 1854 Apr. 1954 Apr. 1 3 Feb. 26 2 2154 Oct. 16 1154 Apr. 11*4 Apr. 11*4 Oct. 4 Jan. 3 4 2 3 3 Aug. 4 1954 Apr. 3 18 Apr. 4 854 Apr. 4 754 Apr. 1 8*4 Apr. 3 754 Apr. 2 254 Jan. 8054 Apr. 18 4 67 .Tan. 5154 Apr. 12 6354 Feb. 26 54 Apr. 3 51 Nov. 15 Nov. 25 4 8 10454 June 11054 Feb. 5 105 107 June 112 Nov. 23 Feb. June June 85 51* Aug. 21 Nov. 18 Nov 18 58* Oct. 78 Nov. 18 70 May 4354 June RO Oct. June 10854 Sale 109 110*4 11054 109*4 11154 11154 108 7 3 10954 Nov. 25 10854 Jan. 29 10654 Sept. 10754 July Nov. Oct. 25 107 10754 Nov. 19 10354 vug. 23 May 28 66. 72 May 25 64 May 22 5654 May 23 106*4 May 29 102*4 June 13 65 May 24 12 Nov. 23 May 22 Nov. 4 Nov. 30 Nov. 13 Nov. 30 Nov. 6 Nov. 10954 Nov. 11054 Nov. 108*4 Nov. 109*4 Nov. Nov. 8 1554 Nov. 20 15 Nov. 7 15 Nov. 26 7654 Nov. 29 9 109*4 1 10954 1 111 1 10954 111*4 Nov. 4 Nov. 1 Nov. 4 Nov. 25 Nov. 26 Oct. 25 21 22 Jan. 13 Jan. 11 3 19 Oct. Oct. Jan. 74*4 Jan. 108 107 83 May 15 Nov. 1§ Sept. 27 34 H Jan. 4 105*4 Oct. 25 May 21 106 July 23 May 29 10554 Apr. 19 9754 1 11454 Apr. 113 July 8 4 110*4 Apr. 27 11054 May 2754 Oct. 10654 10954 8854 11554 2 43 54 Nov. 26 111*4 Sept. 26 130*4 ^pr. 13 May May May May 100 Oct. 16 119 110 Apr. 26 May 4 11054 July 12 1 106 107*4 106*4 8354 9054 R254 99 10754 Jan. 5 10854 Apr. 4 10754 Jan. 109*4 Oct. 6 16 26*4 Oct. 17 10254 May 15 106*4 Sept. 17 19 11 June 14 Apr. 17 5 14 10554 3 Nov. 22 10254 Nov. 20 95*4 May 3 9554 Mar. 9 59 Apr. 6 13*4 Apr. 27 10854 May 10954 Nov. I 107 May 10554 Nov. 12 103 54 May 106 Nov. 26 10454 May 104*4 Nov. 30 103 May 108 Nov. 27 105*4 May 109 109*4 109 10954 10354 10354 104 54 10554 10354 Nov. Sale 105 105*4 Sale 1105 Nov. Sale 104 Nov. 104*4 Sale 104 Sale Nov. 107 108*4 109 107 14 11 MN 10954 MN 10654 Nov. 12 8654 Nov. 8 76*4 Nor. 9 69 54Nov. 15 83 I Sale 17 11 Jan. Oct. 17 106*4 Jan. 8 10954 Feb. 24 10954 Feb. 24 14 10554 Sale 16 104 - 108 Sale 5 Nov. 15 11154 Apr. Aug 51 5354 Nov. 7154 Nov. 10954 10754 Nov. 98 95 108 109 Sale 39 Jan. Jan. 68 107 37 81*4 Nov. 18 91 Nov. 18 57*4 Nov. 8 7 56*4 Nov. 16 7 78 Nov. 18 2 10954 Nov. 25 113 111 109 8 8 4 111 1 55 78 Sale 75*4 2 Apr. May 10554 May 10954; July 105 Aug. Nov. 13 Nov. 27 86 Sale 10454 —■—I 10354 1 82* 4 May Jan. 107*4 Mar. 11 110 July 17 June A Jan. 75 105 8154 Sale 86 8454 75 54 Sale 6854 Sale 10754 10554 Sale 1 100*4 Tune 9954 July 10654 10754 105 21 May 104 15 20 84 7554 Sale 90 8354 5654 Sale 55*4 Sale 10754 Nov. 11054 Nov. June 13 1 1254 10754 10854 10954 110*4 11054 Sale 69 20 2 35 22 67 Jan. 4 4554 Oct. 15 "48 May 17 40 May 22 10554 Nov. 10854 Nov. Nov. 10254 Nov. 9054 Nov. 9154 Nov. 107 Sale 18 28 3654 May 24 954 May 22 1054 June 13 4 May 21 3*4 Tune 11 454 May 21 3*4 May 23 *4 Nov. 27 554 Nov. 12 50 22 21 15 6 21 1^ Nov. 12 Nov. 8 Nov. 7 7 6 May May May July May Aug. May May May May Nov. 20 8 15 1254 x^ov. 25 7 1354 Nov. Nov. 30 40 10 12 654 44 5154! 4554 Nov. 7 5754 53 Nov. 27 10* 9 64 46 1554 May 21 1654 May 22 May 22 17 May 23 1554 May 21 7 3*4 June 6 Nov. 12 454 Nov. 20 54 Nov. 27 7354 Nov. 9 75 Nov. June 25 18 7 9 Nov. 30 Nov. 29 Nov. 2i» 4*4 Nov. 6 5 Nov. 18 53 13 Nov. Nov. 11854 Nov. 20 Sept. 6 22 111 H* 11*4 1054 Nov. June 14 Nov. 20 7*4 May 21 1654 9054 May 31 98 9354 June 11 10254 83 May 22 93 June 6 71 84*4 75 May 24 90 June 12 12454 117 1054 May 23 19*4 10 May 21 1954 Jan 19 10854 86 1954 May 21 1254 May 21 1254 Jan. 15 20 12*4 Jan. 11 19*4 3*1 May 21 1054 3*4 May 21 1054 Nov. Nov. 20 4154 1154 13 554 554 Sale 554 Sale 554 Sale 554 554 54 Sale Nov. 20 6254 Jan. 18 4 Jan. 21 112 21 89*4 Nov. 19 10154 June 20 10654 Feb. 21 May 21 10454 Mar. 14 Nov. 23 Nov. 2 Nov. 27 1 4154 Sale 11154 106 MN Nov. 1 Nov. 14 Nov. 9 Nov. Nov. Nov. 1354 Nov. 27 1654 Nov. 27 854 Nov. 28 854 Nov. 26 854 Nov. 28 16 110 Sale 10654 Sale 10654 Sale MN 9 Nov. 14 Nov. 1 Nov. 14 Nov. 28 13 0 Sale Nov. 2754 Nov. 29 2754 Nov. 28 29 Nov. 20 354 Nov. 22 54 Nov. 25 1354 Nov. 28 13 Nov. 28 29 8 Nov. 30 67 27 454 Sale 54 Sale 1354 Sale 15 15 16 Nov. Nov. 8 Nov. 27 2754 Nov. 23 69 2754 Sale 2454 2754 275a Sale 2754 Sale Sale 4 Nov. 22 Nov. 7 Nov. 18 Nov. 7 , Sale Sale 29*4 16 Nov. 92] 96] L06 Sale 2954 105 106 10254 10454 109 54 — For footnotes, see page 30. 1 81 8154 8054 Nov. 15 12454 1245s Nov. 15 1354 Sale 1354 Nov. 27 12 13 Nov. 27 1354 Wks of Upper Wuerttemberg 1st 78--------1956 ^Consolidated Oil conv deb 354sl951 X^Consolidated Ry deb 4s..-..1954 ADebentures 4s.... J&J 1955 ADebenture 4s .-...--1956 Consolidation Coal s f 5s....-.-I960 Consumers Power Co— 1st lien 8c unif mtge 354s 1965 1st mtge 354s— 1967 1st mtge 3 ha —.1970 1st mtge 3 54s— ---1966 1st mtge 3 548— 1969 Nov. Nov. 1 107 109 3)4s debentures....... 1948 3ha debentures—.—.—---1956 3 54s debentures ------ - - - - - -1958 75 10854 "3",666 AConsol Hydro-Elec 60 66 14 8554 7254 30 91 Nov. 9 95 54 Nov. 28 8454 Nov. 1 7154 Nov. 7 Sale Sale Sale 45 80 67 10654 10654 107 5| Sale 10154 10554 53 47 8154 Sale 12454 "754 Nov. 754 Sale 9254 Sale 9554 10954 Sale 12854 Sale 89 92 Commonwealth Edison Co*— 107,000 1st mtge 3ha series I....—.1968 677,000 Conv deb 3548-"T"-"*}85§ 2,000 Conn & Passum Rivs 1st g 4s—.1943 Conn Ry & Lt 1st g 454®----—-1951 124,000 119,000 85,000 J^n. 52 6 -Apr 1 1969 May Inc deb reg w w_ 106 AAH Nov. ----- 54 54 62 §54 654 754 554 Sale 254 Sale 8d54 Sale 49 h Sale 1254 1354 10854 10954 109 54 10354 B—1942 A O 1942 A O Series A gu Aha 1942 J 3 Series C gu 354s——-—---1948 MN Series D gu 354s-------1950 F A General Aha series A....----1977 F A Gen & ref mtge Aha series B-1981 3 J Clev Short Line 1st gu 454s~—1961 A O Clev Union Term 1st gu 554s A-1972 A O 1st s f g 5s series B guar..—1973 A O 1st s f Aha series O— -1977 A O Coal Riv Ry 1st gu 4s.—-—-1945 J D Colo Fuel & Iron Co gen s f 5s—1943 F A Val 1st ext g 4s 48 ext 4S—1955 ACommercial Mackay Corp— May 21 10454 Nov. 25 May 21 10454 Nov. 25 3 May 15 10754 Jan. Feb. 15 Feb. 15 109 14 S O Clev 8c Pitts gen gu Aha ser Series B gu 3H8-- 72",000 May 29 130 94 94 103 109 H3 54 Sale 85 Sale 38,000 a5s income mtge.———---1970 360,000 Colorado & Southern 4 548 sot A-1980 215,000 Columbia Gas 8c Elec deb 5s May 1952 14,000 Debenture 5s Apr 15 1952 234.000 Debenture 5s...-----Jan 15 1961 118 Nov. 25 Nov. 25 Nov. 7 12 41,000 D General 5s series B—--——1993 434,000 Ref & impt Aha series E J 1977 48,000 Cin W 8c M Div 1st g 4s—-—1991 3 J 69,000 St Louis Div 1st coll trust g 48-1990 MN 263,000 Cleveland Elec Ilium 3s —1970 J 3 65,000 75,000 263,000 241,000 Nov. 20 129 11 108*4 Sale 10854 109 10,000 102 14 Sale Sale Sale 6 1st mtge guar 354® series D—-1971 MN 1st mtge guar 3*4sser F------1969 F A J Clearfield & Mahon 1st gtd g 5s-1943 D CCC&StL gen g 4s -1993 152",000 3 4 Sale 90~" Sale MN Jan. 10554 Nov. 8 106 10354 Nov. 19 104 14 J Gulf consol 5s_--1952 MN 64", 000 Cine Gas & Kiec 1st mtge 354®-1966 F A J D 1st mtge 354® 1 54 106 107 10354 105 1354 654 5 54 7 454 154 73 63 54 4554 5b 54 J lAChoc Okl & 4 10 Nov. 14 5354 Nov. 15 54 106"«Nov. 27 106l7«Nov. 27 85 Nov. 2 8954 Nov. 19 55 Nov. 28 9 11854 Nov. 20 81 j p a 73*4 Jan. 66 Apr. 10654 8954 Sale 38 107 79 85 17 19 _ 17 July 31H June 50 Aug. 106% Oct. 65 May 11754 12054 11654 Nov. A 5 26 59 lie" 1054 Sale 9154 Sale 9554 Sale Sale Prices 57 54 June 98 9554 Sale 10054 Sale 1 Highest Sale Prices 1 1 130 1 10454 1 10454 7 10754 F _ 1942 Sale Prices 7054 Nov. 12754 Nov. % mi v. 10454 Sale" 10154 Nov. 10454 Sale 10154 Nov. Nov. 10854 10954 107 12754 Sale stamped-Maj 2037 Cin Leb 8c N 1st con gu g 4s Cincinnati Union Terminal— Sale Sale Prices Lowest 10154 Sale 10154 Sale 10654 107 85 5s———May 2037 J D J D & ref Aha Alst 8c ref 4Hs ser O May 2037 J D iConv 4548 series A--—----1949 MN -rv--June 15 1951 Sale 10354 104 Highest 6654 Nov. 28 6654 Sale 6554 3954 Sale 51 8554 Sale Sale Alst & ref g Gold 3Hs 67 Sale 50 54 107 106 Ask Ask Bid Sale 89 ♦Al5-year secured 6H®—-1936 M S Chicago Union Station— 5,000 Guaranteed 4s —1944 69,000 1st mtge 354s series E -1963 40,000 354® guaranteed----1951 206,000 1st mtge 354s series F-------1963 2,000 70 63 44 M S a 1st All 125 9954 Sale 9954 Sale 10754 Memphis Div 1st 4s ..---1951 J D 27,000 Chic T H 8c S'east 1st & ref 5s—1960 3D 64,000 Income guar 5s—--—-Dec 1 1960 M S 49.000 Bid RANGE SINCE JAN. Lowest Nov. 30 104 M S MN Potts Creek Br 1st 4s——-.1946 R & A Div 1st con g 4s 1989 , 222,000 2,000 10454 10454 10254 105 Nov. 1 _ seriesjffi-.-May 55,000 Sale 1121u 112>4 75 Sale Champion Paper & Fibre— ,rt-ju S f deb 4*4® (1935 issue)19§0 M S 8 f deb 4*4® (1938 issue) — —1950 MS Chesapeake 8c Ohio Ry— , _ 213,000 X AChlc MU & St P gen g 4s ser A-1989 14,000 AGen g 354® series B—-May 11989 371,090 AGen 454® series C-—May 1 1989 219,000 AGen g 454® 11989 105,000 AGen Aha series P—May 1 1989 1,823,000 t AChic MU St P & Pac mtg 5s ser A 75 -1,966,000 ACohv adj 5s--------J*n 1 2000 43,000 lAChic 8c No West gen 354® —1987 155,000 AGeneral4s.——------—}987 13,000 AStpd non payt Fed inc tax-1987 32,000 AStpdgen Aha non-pay Idc taxl987 120,000 AGen 5s stpd non pay Inc tax-1987 4,000 AGeneral 454® stamped 1987 118,000 67 6154 Sale general 5s series A—-1966 M N J & gen 6s series B—May 1966 J 23,000 Chic Indiana & Sou 50-yr 4s---1956 217,000 108,000 1,257,000 Ask 7154 Sale Guaranteed 5s 1960 6,000 Central BR 8c Bkg of Ga 5s 1942 1,000 Central steel 1st t>ink fund 88--.1941 153,000 Certaln-teed Prod s f g 554® A*-194i> 23,000 PRICES IN NOVEMBER Price BONDS N. Y. STOCK 23 EXCHANGE-BONDS Jan. 13 11 June 25 June 14 5554 Feb. 29 10454 May 105 May 106 May 10254 May 10454 May 28 21 21 22 22 18*4 Apr. 15 1854 Apr. 9 76*4 Nov. 29 109*4 Nov. 111 4 Aug. 22 11154 Sept. 24 10954 Oct. 21 111*4 Nov. 26 N. Y. STOCK Sales lover, Vah Jan. 2, 1940 si N. T. STOCK EXCHANGE T 162, 94, 300, 19, 83, 31, 12, Bid 2%s>.1948 Crucible Steel 4%s deb ser A—1948 ACuba Northern Rys 1st 5%s—1942 Continental Oil conv deb J D J J a7%s series A extended to 1946 J D a6s series B extended to 1946 J 1955 A D J 11, Dayton Pow & Lt 1st mtge 3s--1970 Del & Hud 1st & ref 4s 1943 Delaware Pr & Lt 1st M 4%s—1971 1st & ref 4%s 1969 1st mtge gold 4%s 1969 J * ADen & Rio Gr 1st cons g 4s„_1936 * AConsol gold 4%s 1936 X ADenv & R Gr West gen 5s Aug 1955 AAssented (subject, to plan) ARef & imp mtge 6s ser B 1978 tADes Moines & Ft Dodge 4s—1935 Certificates of deposit 10, t ADes Plaines Val 1st guar 52", 18, 29, 4%s_1947 Detroit Edison— Gen & ref 4 %s series D 1961 Gen & ref mtge 4s series P—1965 Gen & ref mtge 3 %s series G_i966 Detroit & Mack 1st lien g 4s 1995 ASecond gold 4s 1995 Detroit Term & Tun 1st gu 4%s 1961 Duluth 18, 205, Sale 103 103M 29 M Sale 108% 3 228, 454, 6, 6, 2, 563, 25, 140, 208, 21, A 1952 Curtis Publishing 3s 63, 56, D F Ask Missabe & Iron 84, 344", 894, 315, 149, 2, ,473, ,821, 122, 147, 1962 Ry 3 Mb 0 J J J J 62 M Sale 109 110 106 J J Sale MN J Sale J A "o 6M 10 M Sale 3 Sale J 3 3% 4 M S 49% J J F A F A A O M S J J D D MN A 1965 O J 5s_ 1937 J Duquesne Light 1st M 3 Ms 2M 2M Sale 110% Sale 110% 113 40 54 % 110 22 M 98 35M 100 J D Sale 13M 17 M 109 Sale 106 M 1st g 4s 1948 A O 105M 91 1st g 5s_1956 M N 1995 3 J 140 Electric Auto Lite conv deb 4s 1952 F A 108% Elgin Joliet & Eastern Ry 3 Ms A 1970 M S 59 M El Paso & S W 1st & ref 5s 1965 A O O 57 5s8tamped 1965 J 54% t iErie RR 1st con & prior lien 4s 1996 J 24 % Alst consol gen lien 4s 1996 O 23 M AConv g 4s Series A —1953 O 19 a4s series B ,-1953 Eastern Ry M No Div Eastern Tenn Va & Ga _ _ conv 1953 4s Series D AErie & Jersey 1st s s 14, 2, 258, 34", 13", 31, 4. 2, 16, 536, 11", 5, 95, 23, "l", 23", 49, 141 269 229 174 301 564 808 283 5 31 23 61 260 316 42 36 1 17 19 28 54 106M 91M Sale Nov. Nov. 27 Nov. 12 18 Nov. 29 20% Nov. 1 18M Nov. 25 20% Nov. 99M Nov. 2 100% Nov. 109 54 108 4 4M 67 73 111M 112 Nov. 26 Nov. Nov. 25 104% Nov. 27 108 M Nov. 26 1 7% Nov. 108M Nov. 5M Nov. 7% Nov. 6 Nov. 1 Nov. Nov. M Nov. 4M Nov. Nov. 6M Nov. 4% Nov. 13 72 M Nov. 1 4 8 1 9 4% Nov. 14 74M Nov. 14 105M Nov. 27 106% Nov. 6 Nov. 30 107M Nov. 2 109 111% Nov. 7 112 M Nov. 26 45 34 21% 99 Nov. 14 101 Nov. 25 106 Sale M Sale 32 M 24 M 21 Sale 17M Sale 32K 1954 F A 1956 J D 1942 M S _ Sale 34 Sale 30 Sale 34 Sale 31 Sale 17% 17 M 80M Sale 1942 M S J 98 103 % 104 104% 101M 103 105M Sale 51 43 % 61 % Sale 8 Sale 8M 7 M 2 3% 2M 2% .100% 103 M 48M 53 M A J 104 101 1945 3 24 M Sale 1940 D 27% 24 % 69 M Sale AS f deb g 6s 1948 MN Gen Steel Castings 1st 5Ms w w_ 1949 J J t AGa & Ala 1st cons 5s Oct. 1945 3 1934 t*AGeorgia Caro & Nor 6s J AGood Hope Steel & Iron sec 7s_ 1945 A 13 15 101M 35 40 17 Sale F) Co 1st M 4%s._ 1956 3 D Hosiery deb 5s w w_ 1946 M S 105 M Sale 93 Gouv & Oswegatchie 1st 5s Grand R & I ex 1st gu g 4 Ms 1942 J 1941 Grays Point Term lstgug5s Gt Cons El Pow (Japan) 7s 1947 1944 1st & gen s f g 6Ms Great Northern Ry— 1950 D 25 70 1952 J Gen mtge 5s series C Gen 4 M s series D 1973 J 1976 J Gen 4Mb series E 1977 1946 1946 J 81M 82 M 30. 9 Mar. 1 74% Nov. 14 2 Nov. 27 110% Jan. Oct. 30 111% June 21 Feb. 20 May 22 113 July 15 40% Mar. 12 12 25% Apr. Aug. 1 Jan. May 25 101 88 11 8 105% May 17 108% May 12 Jan. 13 30% Apr. 11 2 106% May 21 109% Jan. 108 June 99 90% Mar. 110 104 May 101M Aug. May Apr. 44 M May Feb. Mar. 11 60 Jan. 2 59 Jan. 3 78% Nov. 30 39% Nov. 30 34 Nov. 30 34 June Nov. 30 31 18 Nov. 1 Jan. 3 18 8 8% June 10 3* 1 6 103% Nov. 26 17% June 13% June 14 May 18 Oct. Nov. 26 149% Apr. Feb. Jan. June 3 Nov. 29 97 Nov. 30 97 July 38 Oct. 98 Mar. 28 Sale 106M Nov 43 M Sale 25 107% Nov. 13 103 M 102 % Nov 27 102% Nov. 27 Nov. 25 al00 Nov, 25 al00 22 30 51M 63 7 104 Nov. 13 102% Nov. 19 104% Nov. 1 13 7 7 Sale 6M 7M 7% 60% Nov 6% Nov 6M Nov 16 Feb. 9 105 100 June May May Mar. 26 8 104% Feb. 104% Mar. 15 June 104% Apr. 100 99 102 107 103 May Aug. 48 May 4% May 3% May 11 28 8 M Nov. 7 7 22 7% Nov. 1 63 Nov. 63 4 Mar. 28 46% Feb. 37 43 % Sale 108% July 104% Sept. 100 May 100 103 Sale 1M 1M 1M 47 35M Sale 40 1 Nov. 14 1M Nov. 14 1 Nov. 20 1M Nov. 8 100M Nov. 4 100% Nov. 4 44% Nov. 9 37% Nov. 22 Nov. 8% Jan. 8% Jan. 1 7 3 3 122M No#. 12 104 101M 104 M 103 % 104 M 103 105 M 106 105M 105 M 105M Nov. 4 106 Sale 37 % 36 36 36 Nov. 8 45 45 44 34 43 Nov. 14 34 43 35 Nov. 18 37 Sale Sale 88 90 89" 86 M Nov. 20 11 15" 20 104 % 72 M 16 M 36M Sale 75 95 M Sale 40 105 % 76 M 33 M sale 73% Sale 80 104% Nov. 72M Nov. 102% Nov. Sale 65 80 4 Nov. 107 M 106% 106 Sale 108 101 Sale 100 M 93 M Sale 94 109 95% Nov. 14 Nov. 96 104 Nov. 107 Sale Sale 98% Nov. 3 73 M 58 8 Sale 85 M Sale 85 Sale 85 64 60 82 M Sale 6 83 82 80 M 60 M Sale 99 J 3 J 119 A O 78 MJV 46 MN 97 M Sale Sale 126 125% Sale Sale 98 M 64 Sale 86% Sale Sale 60% 35 M Sale 35M Sale 85 M 85% 100 104 M 105"" 105% Sale 111 111M Sale 15 3 ----- 5M 86% 83JC^87 50M 55 101 Sale 87 M 50 102 Nov. 25 103% Nov. 14 93 99% 31 Oct. 124% Jan. May 100% May 99% June 24% Jan. 30 Apr. 25 Aug. 55% May 19 105 Jan. 5 106% Oct. 26 37% Oct. 11 11 4 45 Nov. 13 14 June Oct. 37 90 Mar. 28 Oct. 22% Mar. 12 35% Nov. 12 13% Sept. 18% Jan. 100% May 15 105% Jan. 91% Jan. 71% Oct. 21 « 10 102% Nov. 55 ... 9 1104% Feb. 20 9 104% June 94 May 87 May 77 May 76 May 94% May 80 Jan. 9 96% Feb. 23 90 Nov. 8 109 Nov. 27 28 109 Nov. 25 4 22 103% 23 96 22 28 107 Nov. 14 Nov. 14 Nov. 15 Nov. 9 6 Nov. 9 9 16 100% Nov. 5 Nov. 14 68% June Nov. 18 64 Jan. 58 12, 8% Jan. 24 2% May 21 Nov. 4 75 64 Nov. 18 83% Nov. 18 61% Nov. 12 37% Nov. 9 Nov. 105% Nov. 18 Nov. 112 Nov. 26 83% Nov. 6 36% Nov. 6 7 126% Nov. 25 Nov. 11 2 89 50 Nov. 6 Nov. 7 101 Nov. 1 102% Nov. 28 36% Nov. 127% 125% Nov. 89% Nov. Jan. 63% Oct. 28 61% May 28 87 Nov. 104% Nov. Ill Nov. 15 100% Nov, 9 87% Nov. 14 63% Nov. 5% Nov. 86% Nov. 80% Nov. 57% Nov. 32 Nov Nov. 27 Sale 104 M 5% 90 93% Nov. Sale 85 M 79 M 1 72% Nov. 16 Sale Sale 62 7 17 Nov, 35M Nov. 12 109 108 M 105% Nov. 103 100% Nov. Sale 85 4 Nov. 13 1 102% Nov 2 108 M 106% Nov. Sale 64 14 Nov 8 8 1 105% Nov. 7 75% Nov. 28 64% Nov. Sale 94 M 93 M 9 Sale 8 80 77 84% 99 M Feb 35 9 13% Nov. 30 35% Nov. 15 2% Jan. 18 2% Jan. 4 29 101% Aug. 7 63 May 10 Aug. 27 % July 95 101% Sale 80 Nov, 19 Nov Nov Nov 12 43% Nov. 14 1 100 121 125 105 M 85M see page 4 Feb. Sale 108M 5s 24 June Sale 103 3 g Jan. Jan. Apr. 92 90 M J 1952 1949 .1999 .1944 1937 1954 72 105M 105M 99% Sale 90 M 89 Gulf States St'l 1st mtge 4Ms_. 1961 A O Gulf States Util 3 Ms series D 1969 MN Houston Oil 4 Ms debs Nov. Nov. Nov. Nov. J Feb Gulf Mob & Nor 1st 5%s ser B. 1950 A O 1st mtge gold 5s series C 1950 A O Gulf Mobile & Ohio 4s series B_. 1975 3 J Gen mtge inc 5s series A 2015 J AHarpen Mining 6s Nov. 15M 15M 78 M 89M 6 May 16 Apr. 3, Apr. 4 40 72 65 84 J Hock Val 1st con g 4%s__ Hoe (R) <& Co 1st mtge 105% 107% 108% 30% 5 6 Jan. 105 102 78 1961 39% 33 104% 1st & refund 4 Ms series A Gen mtge 5 Ms series B Gen mtge 4s series H. Gen mtge 3 Ms series I 1967 AGreen Bay & West deb ctfs A_. Alncome debenture ctfs B 91M 1M % 19M 18 M Gulf & Ship Island 5s stpd 3% Sept. 24 49% June 22 Jan. 52 99 % 102 M 122 O 4s series G._ 14 109 June 107 104 May 18 106 7 109% 106% Feb. 11% 5% May 21 11M 5M May 31 Nov. 30 3M 2% M Nov. 22 8 4 May 2'» RR— A— 1947 6 Ms Sale 31 102 M 103 M 102 % 103 M Sale 104 103 % 103 % Nov 100 M 102 M 102 M 162% 102 M Nov 104 M Sale 103% 103 % 103% Nov Sale 122 General Cable 1st s f g 5 Ms AGeneral Elec (German) 7s Sale Nov. 4 Mar. 29 Oct. 7 5/ 41M 8M 53 33 M Sale Sale 97 102 106 M 108 M 106 M 102 M 103 % 102% 100 103 100 35M 78% Nov. 30 39% Nov. 30 34 Nov. 30 34 Nov. 30 31 Nov. 1 17 M Nov. 7 17 M Nov. 7 80% Nov. 29 97 Nov. 30 29M Nov. Sale 16% 16% 8 26 Jan. Nov. 26 3 109 102% June 3 37% June 10 63 M Jan. II Sale 93 M 107% 108 30 106% Nov. 2 103 M Nov. 58 M 60 75M Nov. 35M Nov. Sale 99"""Nov. 26 46 17M Aug. 5 35 99M Oct. 16 101 141 Sale 101 103 % 101 102% 1 Nov. 78M 39M Sale Nov. 29 18 105 95 Sale 105 Nov 103 % 103 M 102 M Nov 95M Sale 107 M 99 M 146 M 105 61 57 Sale 90 f 5s con 106 M 107 M 106M Nov. Sale 1 106% Nov. 1 16 18 16 Nov. 26 17% Nov. 6 17% 19M 106 % Sale 106 % Sale 106M Nov. 26 107% Nov. 13 106 M 107 M 107 M Sale 95 98 Sale Prices 61 10% Jan. 11 31 105% May 2 15 Apr. 8 July 29 31 17 % Nov. 27 17 Nov. 26 Apr. 1 17% Aug. 28 40 03 % June 101 May 20 38 101 106 M 76 M 36 % D 5M 100M 100 98 95 M Gas & Elec (Bergen Co) 5s 1949 Gen Amer Investors deb 5s ser A 1952 For footnotes 38 21 4% 106 M 105M 106 109 Sale Sale 111% 112 32 M 45 102 Sale 75 M S ♦a(Amended) 1st cons 2-4s 1982 Proof of claim filed by owner... MJV ACerdficates of deposit Fort St U D Co 1st g 4 Ms 1941 J 3 Francisco Sugar coll trust 6s 1956 MN RR 106 107 % 4M Sale 143 "I7M 4s...1947 MN 1959 J D 1974 M 5 t*AHousatonic 6M 3M 72 M Sale 6 Sale Sale Alst & ref 5s series A ACertificates of deposit Gen mtge 100 18 20 M 100 M Sale Sale jFla East Coast 1st 4%s (B 19M 20% 17% 17M 6 5% IK Sale 8M 91 1943 J Gotham Silk 6 Sale 78% 1942 M S 1st lien s f 6s stamped —1942 M S 30-year deb 6s series B 1954 J D Firestone Tire & Rubber 3%s_-1948 A O Goodrich 9 8 Sale 55 f 5s stamped a Debenture Nov. Nov. 104M Nov. 1 107 104M Nov. 19 105M Sale 18M Nov. 20 20% 18 M 17 Nov. 26 17% 21M 23% 19M Nov. 27 105 108 M 55M Fonda Johnstown & Gloversv 9, 24, 2, 22, 105 M 106 104 M 106 M 106 M 108 M 108 % 106M Nov. Sale 48 M Nov. 48 % Sale 53 107 % 107 M Nov. 104 104 M 104M Nov. 108% 7M 7 M 1% 1% Sale Prices Sale Prices Highest Highest Sale Prices 107 M 53 % lAFla Cent & Peninsular 5s 346, ,135, Sale Sale 49 58 International series s Sale J ^Fairbanks Morse deb 4s First lien 20 «7 AErnesto Breda Co 1st mtge 7s 5, O 1938 s Sale J 1955 *i3d mtge 4Ms Federal Lt & Tr 1st 22 M 20 M f 6s—1957 J f 6s AN Y & Erie RR ext 1st 30, 2, _ *ARef & impt gold 5s ser 19271967 MN *ARef & impt 58 series 1930--1975 A O AGenesee Riv RR 1st 105 M Sale 104M 105 20 M Sale Ask 1 Lowest Lowest Range t* aDuI So Shore & Atlantic g AGen Nov. 30 Ask Bid Bid 99 M Sale Sale 32 M Sale 38 44 M Ed El 111 N Y 1st cons g 5s 198" Nov. 1 17 ADeposit receipts ACuba RR 1st 50-yr g 5s 390, 89, J RANGE SINCE JAN. PRICES IN NOVEMBER Price I! BONDS EXCHANGE—BONDC 52 88 Jan. June Feb. 23 10 65% June 10 Jan. 6 Nov. 6 Oct. 21 Nov. 4 5Z* 32 37^ 9 90% Mar. 14 Nov. 90% Mar. 14 1 105% Nov. 18 Feb. 96 106% May 31 112% Oct. 18 36% 5 126% May 24 89 40% May 28 55% 96% May 28 102% 21 115 70 Apr. 25 June Oct. 30 Nov. 25 Nov. 11 3 Nov. 28 Apr. N. Y. STOCK Dec., 1940] Sales in % 231,000 12,000 501,000 268,000 77,000 ""f.ooo 24,000 147",666 296,000 11,000 277,000 40,000 606,000 10,000 N. T. STOCK EXCHANGE Ii Jan. 2, 1940 Bid Hudson Coal 1st s f 5s series Hudson County Gas 1st Hudson & Manhat 1st & a._ 1962 J 1949 5s ref 5s a 1957 F Adjust Income 5s Feb 1957 Illinois Bell Telep 3 %s ser b 1970 Illinois Central 1st g 4s 1951 1st gold 3 ms 1951 Extended 1st g 3 Ha.. 1951 1st gold 3s sterling 1951 Collateral trust gold 4s 1952 Refunding 4s 1955 Purchased lines 1st 3 %s 1952 Coll trust gold 4s -1953 Refunding 5s 1955 40-year 4%s 1966 Cairo Bridge gold 4s —1950 Litchfield Div 1st g 3s 1951 a d m N a A a J O 41% 45% Sale 41 m MN 54 Sale 51x 38 m f A 45 80 61,000 32,000 47,000 19,000 1,000 39,000 8,000 48,000 29,000 a st a refunding 5s a 5s Sale Sale 96 m. Sale 7 m 7% Sale % Sale 69 Sale 88 m 91 29% 31 33 % 68 m 65 108 m 29 m Sale Sale Sale 24 8 j 104" 106] Libby McNeil & Libby 4s Liggett & Myers Tobacco 7a For footnotes, see page 30. 11 79 m 86% 86 Sale 1m 57% Sale Sale Sale Sale Sale Sale Sale 20 n*::::: 102% 103 106 m Sale 103 95 7 % 6% 6% 51% 67% Nov. Nov. 1 8% Nov. 1% Nov. 1 7% Nov. 13 Nov. Nov. Nov. % 56 % 104% 76 X Nov. 14 102 m Nov. 103% Nov. 4 105% Nov. 19 78 91 27 29% 65% 67% 69 % Sale 107 % 108 Nov. 8 8 Nov. 27% 1% Nov. Nov, 58 Nov. 105 Nov. Nov. 8 Nov. 25 1 29% Nov. 29 28 Nov. Nov. 15 Nov. 29% —. 78 Nov. Nov. 91m 29 8 Nov. 85% 22% Sale 23% % 1m Sale 56% 105 103% Sale 107% 21% 79 70 70 90 156% 106 m J 106% MN 104 m M S 107 X Sale" 107% 105 X 105 X A O 2% Sale 84 % 86 80 85 Sale Sale Sale A j J Nov. 29 95 m 90 m 95 58 34 15 50 75 Nov. 29 75 Nov. 29 Feb. 50 Feb. 68 80 June 75 May 14 Feb. 80 Feb. 5 80 Nov. 18 163% Nov. 18 Nov. 1 108% Nov. 30 Nov. 27 106% Nov. 27 Nov. 1 106% Nov. 14 Nov. 28 105% Nov. 20 3% Nov. 18 94 Nov. 14 93 Nov. 8 Mar. 85 Jan. 25 157 May 168 Apr. 15 105 May 108% Nov. 30 7 106% Nov. 14 105% Nov. 20 108% Aug. 106% Nov. 100% May 101 June 1 % July 20 80 June 13 3% 95% 95% 62 % 61% 79% June 18 38 May 21 38 May 28 33 June 39 Mar 69% Apr. 6 27 4 42 Nov. 4% Apr. 10 97% Sept. 18 95% Nov. 25 62% Nov. 12 61 % Nov. 12 60% Nov. 19 61% Nov. 16 88 Nov. 26 23 97% Nov. 14 79% May 21 92% Nov. 14 Oct. 19 May 24 42% May 28 79% June 22 30 June 24 39% Jan. 5 70% Nov. 14 68% Nov. 14 95 Nov. 9 41 Oct. 30 Jan. 27 Sale Sale 91% 95 Nov. 9 36 38 36% Nov. 29 41 Nov. 1 60 95 56% Nov. 13 56% Nov. 13 27 May 10 35 Jan. 32% Nov. 36 Nov. 16 22 36 Nov. 16 Nov. 35 35 Nov. 19 23 Apr. 12 May 29 35 Nov. 19 Nov. 15 20% Apr. 15 24% Feb. 27 20% Apr. 15 35 Nov. 15 30% 68 Sale 34 37% 34% 34% 34% 34% 75 72 87 44% 84% Sale 44 Sale 72 68 Sale Sale 46 50 m Sale 50% Sale 20% Sale 22 m Sale 127 m 2 94 41 zi 34 Nov. 30% Nov. Nov. 75 73% Nov. 44% Nov. 44 Nov. 16% Nov. 17% Nov. 20% Nov. 50 Nov. 118 Nov. 34% Nov. 15 35% Nov. 18 80 73% 47% 50% 21% 22% 12 Jan. 9 Jan. 23 3 Nov. 8 30 51 Oct. Nov. 9 22% 23% 25% 58% Oct. 40 June Nov.-20 109 June 106% 104% Nov. Sale 122 m 123 122% Nov. Sale 128% Nov. 130 m 129 100 98 96% Nov. 97% Nov. 106 106% 106 107 Sale 103% Nov. 104% 105 106% Nov. 27 1 123% Nov. 129% Nov. 2 99 June Nov. 31% Nov. 26 109% Nov. 18 Sale 106 34 27 108 m 109 Sale 93 91% 34 Sale 30 107% Nov. 91 Nov. Nov. 12 99 Nov. 14 106 Nov. 13 104% Nov. 22 93 Nov. 14 30 1 25 57 118 80 50 June Nov. 15 19 73% Nov. 14 2 48% Feb. 4 118 11 106% 121% May 22 120% May 23 90 May 23 104% Mar. 20 100% May 15 28% June 105 May 63% Feb. 20 34% Nov. 15 35% Nov. 18 Nov. 13 4 Sale 56% Nov. 13 Nov. 14 Nov. 12 Nov. 22 53 123% 129% 96 m 104% 103% 31% Nov. Jan. Nov. 19% 25 32 37% May 21 8% May 21 9% May 21 10% May 22 16% Sale 17% Sale 58 m 56% 116% 117% 117M 104 m 127 23 103% Nov. 30 107% Jan. 20 May 104% July 30% Nov. 28 70% Nov. 14 68% Nov. 14 31% O Oct. 15% Oct. 16 100 4 34 j 105 64% Nov. 1 62% Nov. 6 92 Nov. 29 34% 120% 11 May 31 24 % June 5 50 May 28 50 May 21 28 32 117 o 65% 63% 94% 31 O 23 31 62 30 m A Nov. 26 Jan. 62% 32 19 - % 99 44% Mar. 13 47% Mar. 13 6 1% Jan. 30 31 15% 49m 22 14 Sale 30 O 2 Sale 64 m 17 A 2 5 74% Jan. 76% Feb. 19 28 X a 17 14 June 82 F 15 14 H 6 June 88 Nov. 26 97 Nov. 14 92% Nov. 14 33% 34% 32% J June 85 Nov. 7 95% Nov. 27 90% Nov. 6 32% 43 x 43 m 82 21 95% 91% 31% 31% A 6 18 2 2 99 May 23 103% Jan. 90% May 28 105% Nov. 19 Apr. 9 70% Aug. 20 95 91% 29 F ----- 95% 26% 52 g* June Jan. 14% Jan. 14% Jan. Nov. 7 Aprl 8 Apr. 4 Feb. 13 Oct. 3 Nov. 12 90 94 A 48% % Nov. 23 6% Oct. 30 6% Nov. 29 May 28 91 % 39% 38% 69% 70% May 23 109% 90 94 a 26 m 50 100 102% June 25 107% Nov. 25 89 May 28 103% Nov. 12 97% Nov. 7 78 May 21 2 Nov. 25 16% Jan. 7 June 102% Nov. 28 103 % Nov. 30 106% Nov. 8 106% Nov. 8 % Sale F 29 m Oct. 16 July 10 7 Oct. Sept. 23 64 X 62 m 54% 30 Sale 3 13 Feb. 36% 99% 69% 17% May 13 105% Mar. 19 3 May 29 106% Oct. 104 13% Mar. July 163% 107% 106% 105 106 m 105% 104% 105m 104% 108 F 26 m 7 50% Jan. 47 25 Sale 85 35 21 21 10 17 1 84 95 78% 82% 82% 37 May May 19% July 99% Jan. 54 July 8% June 33 30 8 1 85 75 80 87 x 32 23 7 87 Sale Sale Oct. Nov. Nov. 96m 94 53 86 m 65 91 % Nov. 34 57% Nov. 28 58 Nov. 27 1 1 45 30 m 17 1 49% Nov. 52 Nov. Sale Sale O 6 Feb. 6 7 Sale 58 m Sale m 5 May Oct. Sale Sale 59 58% Sale Sale Feb 56 Nov. 58 95 m 49 m 50 m 48 54 May 22 58 May 18 105 56 m 56 Sale 44 36 % 5 7 30 93 Nov. Nov. Nov. Nov. Nov. 60% Nov. 61% Nov. Sale Sale 81% 75% 75% 3% 3m 93 m 93 X 40 d 15 7 67% Nov. 19 65% Nov. 27 70% Nov. 8 Nov. 20 107% Nov. 18 109% Nov. 12 106% 39 45 X 43 m Oct. Nov. 68 162 162 Sale M s 79 65 Apr. 65% Feb. 38 79 75 J 4 3 11 103 m 78 90 O 3 56% Jan. Apr. 23 Sept. 26 14 79 j 46% Jan. 46% Jan. Oct. 9 16m 73 j 10 Nov. 13 20 21 A 8 4 Feb. 45 43 Nov. 13 Nov. 95 25 m 10 iH Nov. 12 97% Nov. 7 Nov. Sale 24 68% Nov. 27 15% Nov. 17 Nov. 7 106 107% Nov. 25 104% 104% Nov. 85 78 Sale Sale 90 m 87 1955 1944 66 69 m 108 % Sale 6% 51X 74% 102 m 104 m J —1951 f A 129% 130% 97 100 1952 A O Little Miami gen 4s series a 1962 m1v Loew's Incs f deb 3 Ms 1946 f a 102m Sale" j D 66 75 Lombard Elec 7s series a 1952 Sale Lone Star Gas 3 Ms debs 1953 f A 108 a Long Dock Co 3% > ext to 1950 a o 72% 5s debenture Lion Oil Ref conv deb 4m8 32% Sale 7% J 82 5s.-1951 1965 25 1 103% 101] Lehigh Valley (n y) 4Ms ext---1950 AfN t a Leh Vai (Pa) gen con g 4s 20u3 a Gen cons 4 m * 2003 afn a Gen consol 5s 2003 AfN Lehigh Valley Term Ry ext Lexington & East 1st gu 0 76% 85% 22 m Sale 80 5s. —1954 102 % 104 x 94 H M s j Leh Vail Harbor Term 1st 7m 7m 54 57 X 8 1974 1943 J~3 1943 extend to 105% Nov. 99% Nov. IX 6% 6% 1% 44% Nov. 12 41 % Nov. 8 36% Nov. 22 105% Nov. 23 105 m Nov. 1057jj Nov. Sale fund 5s —1974 fa stamped ASec 6 % notes a6s stamped 1 Nov. 13 36 H Nov. 104 x 105m 105 m 105732 Sale 105% Sale 53 O 1964 a5s stamped Nov. 14 7 m 25 Lake Erie & Western rr— 5s 1937 extended at 3% to 1947 J 55,000 j 2d gold 5? 1941 51,000 J 45,000 Lake Shore & Mich Sou g3%8--1997 Lautaro Nitrate Co Ltd— a 1st mtge income reg_Dec 31 1975 65,000 Nav4%sser a—1954 109,000 Lehigh Coal Cons sink fund 4 ms ser o 1954 58,000 AFirst & re; sinking 68 15 Sale J 1954 1954 1964 69m 14 Sale 1961 J a5s stamped 68m 100 X 87% 89% 1944 16 Sale . a5s stamped Alst & refunding 5s 27 1 107 m Sale Nov. 27 35 m Nov. Sale 84 60% Nov. 27 98 Sale — 1965 1945 Sale 40 38 Sale a J 41X Sale 38% Sale Sale Sale — Sale Sale Sale 100 X 96 Sale j 43 m 39m 35 m Sale 28 J 53 60 m 65 105 m Sale 15 21 47 55 15m Sale 5 45 71% 13% Sale Nov."27 June 48% Jan 50 Apr. 88 68 Sale 58 Oct. 61 10 127 32% May 23 34 May 22 34% May 27 31% June 5 40 May 23 28% May 21 70 July 22 Aug. 75 61 90 x 44% Nov. 42% Nov. 6 42% Nov. 12 52 Nov. 7 40% Nov. 8 56 92 m 10 J - 53 55 102% Sale 42% Nov. 27 42 70 105 June 43 X 45 60 a o 63 x 63 41 100m 89% Nov. 15 -Nov. 14 90 20 15 29 25 28 May 22 53 63 Sale Sale 37% Nov. Nov. 40% Nov. 38m Nov. 47 m Nov. 36 X Nov. 40 37% Jan. 8 Apr. 30 36% June 10 50% Jan. 24 16% Feb. 21 9% May 22 4 108% May 22 112% Jan. 91 Jan 3 86 July 30 83 May 27 89% Nov. 15 Nov. 14 86 May 6 9 0 22 120 * 4 78m 43 X 48 15m 95 40 Sale 61m 57 49 Sale 38m Sale 46 m 50 36% w 89 m Nov. 15 88 Nov. 8 70 Sale Sale 41 76 45 10% Sale 78% 66 x 85 57 X 60 1950 AO 162,000 Kan City South 1st g 3s j Ref & Imp 5s —April 1950 j 414,000 a 38m 40 m 35 63 1990 A 1936 a 20,000 Lehigh & New Eng rr 4s 18,000 Lehigh & n « 1st gu g 4s Lehigh Valley Coal— 42 m Sale 35 60 7,000 Kanawha & Mich 1st gu g 4s 177,000 J*aK c Ft s & m ref g4s. a Ctfs of dep (Bankers Trust) 56,000 4,000 13,000 3,000 20,000 3,000 1,000 107,000 41,000 585,000 297,000 124,000 41,000 1,000 Sale 70 F 22:066 43% 41 MN 111,000 Jones & Laughlin St'l 1st m 4 Ha 1,000 91% 86% 86 X 43 1961 M S 9,000 32,000 152,000 259,000 133,000 95,000 21,000 42 m Nov. 10 X Nov. 26 11% Nov. 109% Nov. * 110% Nov. 42% Sale - 2,000 10,000 1,000 78,000 35,000 10 X 109% 92% 88 m 88 m 41 1955 Deb gold 5s ... 602,000 M S 16,000 lilowa Central Ry 1st & ref 4s._ 1951 J d 20,000 James Franklin & Cleart 1st 4s. 1959 Plain. Sale Sale 1947 F 1952 j 1961 4Ha unguaranteed Kings Co Elec Lt & Pow 6s__— 1997 1954 Kings Co Lighting 1st ref 5s 1951 1st & ref 6ha — 1951 Koppers c > 4s series a 1950 Kresge Foundation 3 % notes Kreuger & Toll class a— a 5s Uni orm ctfs of deposit-- 1959 1939 ALaclede Gas Lt ref ext 5s 1942 Ref & ext mtge 5s 1953 Coll & re 5 ms series o 1960 Col & ref g 5%s ser d 1942 Coll tr 6s series a 1942 Collatera. trust 6s series b Sale Sale J 1960 105,000 Kan City Term 1st 4s Karstadt (Rudolph) Inc— 1943 a Ctfs w w stpd (par $645) 1943 a Ctfs w w stpd (par $925) 1943 a With warrants (par $925) Keith Corp (b f) 1st ser g6s_--- 1946 35,000 1987 1,000 Kentucky Central 1st gu 4s Kentucky & Ind Term 1st 4Hs-- 1961 1961 Stamped "2", 000 Sale 11% 48 m — — 44 109 x O 1952 ja Internat Gt Nor 1st 6s a o a Adj mtge 6s series a_ July 1 1952 J 1956 a 1st mtge gold 5s series b J 1956 a 1st gold 5s series c. o 1944 Internat Hydro el deb 6s— o 1941 Int Merc Marine 1st s f 6s j Intern Paper conv 5s series a__ 1947 1955 M S Refunding 6s series a AfN Int Rys of Cent Amer 1st 5s b — 1972 First lien &ref 6 Ha-- 125 m Nov. Sale Prices Sale Prices 29% Nov. 12 126% Nov. 20 44% Nov. Sale MN J Nov. Sale 70 j Sale Prices Sale Prices 27 28% 126 M 43 35 A Ask Ask Bid 29 x 1 Highest Lowest Highest Lowest Nov. 30 129 Sale 29 91 86 % 86 % Dlv& InternatT & Tdebg4^s Bid 125 68 111 Cent & Chic St l & n o— Joint 1st & ref 5s ser a 1963 451,000 4 ha series c 372,000 1963 —1948 7,000 illseder Steel Corp 6s *Alnd Bloomington & w lst4s__1940 21",000 Indiana 111 & Iowa 1st gold 4s.. 1950 4,000 1 Alndianapol & Louisv 1st gu 4s_1956 Indianapolis Union ry— Ref & Impt mtge 3 %s ser b — 1986 M S 4,000 J 194* J 118,000 Industrial Rayon 4%s.o 1961 Inland Steel 1st mtge 3s ser f 173,000 o 81,000 Inspiration Consol Copper 4s— 1952 o 1947 305,000 Interlake Iron conv deb 4s— 79,000 102,000 44,000 56,000 130,000 541,000 59,000 457,000 4,000 27,000 834,000 Nov. 1 37 m 46 m M s Termg3%s—1953 Omaha Div 1st gs3s 1951 St Lou Div & Term g 3s 1951 Gold3%s_ 1951 Springf Div 1st g3%s— 1951 Western Lineslst g 4s 1951 Louisv Ask 34 45% Sale 13% Sale 112% 89 J A 33 % 125 RANGE SINCE JAN. PRICES IN NOVEMBER Price BONDS November Value EXCHANGE—BONDS 23 28 Oct. 28 28 Oct. 26 Jan. 16 Oct. Nov? 27 127% Jan. 3 131% Mar. 26 2 101 Feb. 106 Nov. 13 105 Mar. 21 73% Feb. 29 110 93 Feb. 4 Nov. 15 26 N. Y. STOCK EXCHANGE-BONDS nles in |s BONDS November N. y. STOCK EXCHANGE Value II H&. 142,000 409,000 112,000 401,000 112,000 84,000 2,000 5,000 2,000 88,000 11,000 33,000 800,000 51,000 56,000 35,COO Ask Bid S 10,000 198,000 141,000 21,000 20,000 151,000 9,000 2,000 Price Jan, 2, 1940 Long Island unified 4s 1949 Guar ref gold 4s 1949 4s stamped -1949 Lorillard (P) Co deb 7s———1944 5s debenture —1951 Louisiana & Ark 1st 5s series A- -1969 Louisville Gas & Elec SHs. 1960 Lou & Jeff Bridge gu g 4s. . ——1945 Louisville & Nashville RR— 1st & ref 5s series B 2003 1st & ref 4 Ms series C ..2003 1st & ref 4s ser D ...——2003 1st & ref 3 Ms series E .....2003 Unif mtge ext 354s series A...1950 Unif mtge ext 4s series B—..I960 Paducah & Mem Div 4s......1946 St Louis Div 2d gold 3s......1980 Mob & Montg 1st g 4Ms..... 1945 . M S M 8 M 8 AO F A J 89 88 54 127 126 125 J 54 127 M 83 M S M 8 110 Sale Sale 107 M 100 M 92 54 Sale 8654 Sale 100 81M 83 Bid Sale Sale 96 Sale 122M Sale 127 M 129 M Sale 110 109M 112 102 M 8 Sale M S "7754 Sale 96 M Sale "86"" Sale 925a A 106 M 86 I1!?* 84 Sale 113M 86 M 10654 Sale Sale Prices Ask Sale Prices 95 M Nov. 1 98 1 95K Nov. 96 98 97 54 Nov. 1 995a Nov. 15 96 97 54 Sale Nov. 1 99 M Nov. 15 Nov. 14 122 54 122M 1225a Nov. 22 123 127 M Nov. 12 128 M Nov. 26 128 Sale 83 K Nov. 85 85 M Nov. 13 4 110 Nov. 25 11054 Nov. 12 111 110M Il2" 1105a Nov. 19 1105a Nov. 19 15 10554 105 100 M Sale Sale 102 Nov. Sale 96 99 Nov. 91 92 M 92 M Nov. Sale 88 86 Nov. 104 54 105 104M Nov. 10754 1085a 105M Nov. 106 107M 106M Nov. 84 86 88 Nov. 113 Nov. 112M 114 Sale 86 88 Nov. 107 108M 106M Nov. 104 54 /105 MN 106 Sale 1055a Nov. MN 4054 Sale 27 54 Sale 86 85 H 92 26 85 30 M 8 Manila RR South Lines 1st 4s—1959 MN 50 83K 40 72 44 3,000 tiMan G B & NW 1st gu 3MS..1941 J J 29,000 Marion Steam Shovel s f g 6s....1947 A O Stamped ! 20,000 * J iMarket Street Ry 1st 7s .Apr 1940 1,000 A 68,000 (Stpd mod) 5% ext to 1945 -1955 M 8 14,000 Mead Corp 1st mtge 4 Ms 15 68 22 '70" 18 87 68 22 "935a 88 95 90 91 Sale 85 M 89 M 86 Nov. Nov. Nov. 80 90 82 Nov. Manati Sugar 4s s f & Lt 1st 5s Manila El Ry Feb 1 1957 1953 18,000 Metropolitan Edison 4Ms ser D.1968 5,000 Met Water, Sewer & Drain 5Ms.l950 2,000 *tiMet West Side Elev (Chic) 4s 1938 A Miag Mill Mach 1st s f g 7S-.-1956 Michigan Central RR— Jack L & S gold 3 Ms 1951 1st gold 3 Ms 1952 5,000 Ref & Imp 4Mb series C 1979 21,000 163,000 Michigan Consol Gas 1st M 4s—1963 51,000 1*a Midland of N J 1st ext 5s...1940 t Milwaukee & Northern RR— * a 1st ext 4 Ms 1939 2,000 * a Con ext 4 Ms —1939 9,000 144,000 1A Mil Spar & N W 1st gu 4s 1947 1 aMUw & State Line 1st gu 3 Ms 1941 —1934 42", 000 {iMinn & St Louis 5s ctfi A 1st & refund gold 4s.. ...1949 17,000 .... 1962 754",000 t* AM St P & S S M 4s stpd guar.1938 a Ref & ext series 5s A D D M S A O F J M S AfN J J M S J J D J D M S 49 27 15 g 5Ms J .....1949 M S a 66,000 289,000 a a A M"S 5s ser G ....1978 MN a Certificates of deposit....Convertible gold 5 Ms 1949 MN 1st ref gold 5s series H__ 1980 A O a * Certificates of deposit... 1981 F 1938 {Mobile & Ohio RR— a Montgomery Div 1st g 5s 1947 a Refunding & Improv't 4MS-1977 2,000 ♦a Sec 5% notes ....1938 14,000 1991 4,000 Mohawk & Mai 1st gu g 4s 3,000 Monongahela Ry 1st M 4s ser A 1960 Monongahela West Penn Pub Serv— a . . A M 5 M S M S MN 15 85 75a 2 102M Aug. 81 May 70 July 39 May 255a Oct. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 9 Sale 6M Sale 9 Sale IK . H 5354 79 M 2 1 54M 82 Sale Sale 16K 175a 165a 154 Sale 14 M 1354 3 54 Sale 1454 Sale 1354 1454 14 M 1354 2M Sale 14 M 14 M 135a 145i Sale & 70 5§ 105M 106 Sale Sale 60 51 72 154 Sale 16 M Sale 16 16 K 16 1 16 M 16 Sale Sale 70 77 75a Nov. 13 15l Nov. 7 6 9 17 Nov. 6 Nov. 27 65a Nov. 2 15l Nov. 29 5a Nov. 27 5254 Nov. 9 80 Nov. 29 19 Nov. 16 5 3 Sale 17 16 65a Nov. 1 1M Nov. 25 Sale Sale 165a Sale 27M Nov. 14 95a Nov. 18 8M Nov. 18 Sale Sale Nov. 28 56 Nov. 28 26K No\. 8 125a Nov. 30 Sale Sale Sale 165a Sale 17 175a 165a 5a Sale Sale 88 Nov. 14 Oct. 26 113 MX Nov. 26 Feb. 21 Oct. 29 22 Apr. 4 9454 Nov. 19 9154 Oct. 29 83 Mar. 20 57 Sept.14 7954 Nov. 30 100 M May 28 10654 Sept. 23 Nov. 19 Nov. 19 95 Nov. 6 67M Nov. 9 Nov. 6 107K Nov. 12 Nov. 14 28M Nov. 2 Nov. 4 Nov. 27 22 10454 Nov. 14 11 8154 Sept. 25 27 5554 Jan. 19 14 46 Apr. 23 66 79M Nov. 106M Nov. 15 Oct. 10854 Nov, 29 3 10654 Oct. 5 10554 Nov. 13 15 M May 18 64 K Jan. 11 June 19 52 M Jan. 4 e945a Nov. 56 9354 Nov. 15 105 10454 July *29 107 155a Apr. 19 25 1 1 16 H 16 14 M . May 29 109 June 21 112 54 Jan. Feb. 1 90 35M July T5M May 22 June 24 67 90 Oct. May July 97 May 95a Jan. 55 11 67 Oct. 95 Nov. 31 10 6754 Nov. 22 10754 Nov. 15 30 Mar. 37 K May 21 155a June 19 8 9 21 754 May 27 33 Oct. 30 61 11 19 9 12 14 Sept. 30 Jan. 20 32 May 25 1654 Apr. 45a June 5 15l June 13 54 Aug. 1 3 H May 23 3K June 11 3 54 May 24 154 May 17 8 HI Apr. 8 73 65a 1M 5a 1 Sale Sale Sale 2M H 154 53 54M 78 26 Sale 154 „ 58 125a Sale 11K 105a 10M 35a 51 18 17 165a 16 K Sale 165a Sale 775a 9 Nov. 15 Nov. 27 Nov. Nov. Nov. Nov. 16 Nov. 165a Nov. 16M 1551 15a 165a 16 Nov. 5a Nov. 165a Nov. 165a Nov. 165a Nov, 155a Nov. 74K Nov. Nov. 30 6K Nov. 9 9 Nov. 30 2M Nov. 8 15i Nov. 9 535a Nov. 6 84M Nov. 7 23M Nov. 20 125a Nov. 1 12 12 Nov. 20 Nov. 25 4M Nov. 8 185 No\. 9 17 Nov. 18 ik Nov. 12 Nov. 9 Nov. 12 185a Nov. 9 17m Nov. 16 Nov. 1 185a Nov. 9 175a Nov. 19 ism No>. 9 17 k Nov. 16 78 Nov. 21 II* 4 254 Jan. 4 254 Apr. 24 Nov. 30 9 654 Nov. 9 9 Nov. 30 2K Apr. 16 June 1 June 4 5954 Feb. 28 May 21 88 Oct. 17 32 H Mar. 20 Oct. 25 754 May 21 8 May 23 85a June 10 3 Oct. 29 13 May 21 125a June 6 154 Nov. 19 12 54 May 21 12 54 May 21 12 5* May 28 1254 May 21 54 May 17 12K June 11 1254 May 21 12 54 May 22 1254 June 11 Mar. 2 7 1954 Jan 2 1554 Jan 1654 Jan. 854 Jan. 4 2 4 2154 Apr. 4 2054 Mar. 28 Jan. 4 3 2154 Apr. 2154 Apr. 21 H Apr. 2154 Apr. 254 Jan. 2154 Apr. 2054 Mar. 28 2154 Apr. 4 2154 Apr. 3 35 37 Nov. 40M Nov. 54 M 55M Nov. 105M 1065a 105M 1065a 105M Nov 43 56 57 53 M 110 Sale no* Sale 112M Sale 104 M Sale 106M Sale 70 72 M 72M 43 4354 75 43 79 435a 79 II* 110 Nov. Nov. 1045a Nov. 705a Nov. 44 Nov. 111 37 60 June 22 79 15 — June 2754 Sept. 11 8 8 20 8 Nov. 20 48 May 22 May 21 Aug. 14 Nov. 44 Nov. 555a Nov. 106 103 June May 8 Sept. 20 37 Nov. 44 5854 Oct. 6 107 1 'Jan. 14 25 105 110K Nov. 113 Nov. 106M.Nov. 76 25 5 May 2711054 Feb. 17 Nov. 18 May 22 113 9554 May 22 10654 Nov. 22 103 Nov. 62 Sept. 44M Nov. 44 Oct. 5654 Jan. 9 44 Oct. 44 Oct. 14 4 86 Jan. 17 40 *51" "68" 41M Sale MN 40 Sale MN 36 M J D M N 108 54 Sale Sale F A J D MN {a Naugatuck RR 1st g4s. 1954 Newark Consol Gas 5s... 1948 J 9,000 {a New England RR cons 5s guarl945 J a Cons guar 4s........ ...1945 J 10,000 D MN #¥/ 65a 154 U 65a 654 6M 1M 55M 26 M 23 100 85 .1954 J For footnotes, see page 30, 59 M Sale 73 Sale Sale Sale Sale 10954 109 M 110M 11154 M 8 1965 A O National Steel 1st M 3s Nat Supply 1st mtge 3 Ms 56 Sale — Nov. 9 7 10454 Nev. 25 June 10 9954 Nov. 25 72 M June 11 1055a Nov. 91 82 15 15 24 25 4 Nov. 25 June 14 11154 Mar. 103 M Aug. 24 104 M Aug. 27 101 May 29 June 10 78 112 Feb. 2 73 5a Jan. 18 1085a Nov. 106M Nov. 88 Nov. 113 Nov. 885a Nov. 107 Nov. 22 June 17 111 Nov. Nov. Jan. Mar. Apr. 78 Nov. 1045a 79M 54 30M 106 108 9954 29 99 54 31 126 k 23 12954 28 8654 83 1UH Not. 7 112M Nov. 22 49 55 Nov. 15 Nov. 1 6 Nov. 14 6 Nov. 14 88 96 945a 96 64 67 67 M 65M Sale 106 10654 Sale 107 24 28 M 2654 Sale 25K 125a 105a 10 M 35a W* 715< Nov. 10JS 6654 9454 22 54 66 1941 MN Nashville Chat & St L 1st 4s A..1978 ^National Acme 454s extendedl .946 National Dairy Prod deb 3 Ms ww .'51 Nat Distillers Products 3 Ms 1949 75M Sale. 22 M Sale 28 M Sale 33 M Sale A 1955 Mutual Union Tel 5s 654 Sale 1955 ...2000 88,000 Morris & Essex 1st gu 3Ms Constr M 5s ser A .1955 80,000 Constr M 4 Ms ser B 1955 218,COO 1968 14,000 Mountain States T & T 3 54» ....1947 1,000 Mutual Fuel Gas 1st gu 5s 55 64 F ...1955 Gen & ref s f 4Ms ser O... Gen & refs f 5sser D__ Sale J "J 1st inige 4M8 .1960 62,000 6s debentures 1965 136,000 415,000 Montana Power 1st & ref 354s.. 1966 13,000 Mont Tram 1st & ref 5s series A.1941 General & refunding 5s A.....1955 2,000 Gen & ref 5s series B 3 Sale Sale 7M 8M 1st & ref 5s series F ...-1977 MN a Certificates of deposit... 1st & ref 5s series I a Certificates of deposit.. Mo Pac 3d 7s ext at 4% July Sale 16 54 ..1965 F a 54 19 14 54 a 1st & ref g 39,000 1M 45 4 29 54 40-year 4s series B... ........ 1962 Pr lien mtge 4 Ms ser D 1978 ACum adjust 5s series A Jan 1967 { AMissouri Pacific RR Co— a Certificates of deposit.....— AGeneral 4s___ 1975 73 5 54 6M J .....1962 Alst & refund 5s series A 66M 94 M 6554 15 16 Sale H 8 25M H 6 Prior lien 5s series A.. 1,009.000 75 5 Sale 100 76 52 87 May 120M May 120 May 75 May Sale Prices 95 k Nov. 1 5 925a June Nov. Nov. Nov. Nov. 105 Sale Prices 89 Jan. 10 855a June 1 Highest 18 2 6 2 53 Sale 79M Sale 106M 105M 106 3 Sale If J 49 Sale F J 25-year 85 77 n 111M 111K 11254 86M 9154 Sale 65 M 74 101M Sale 9M 12M 5 103.. 76M 50 M 175a 55M 88 J 5s._...... Sale Sale 13* .1938 cons a 119,000 10,000 444,000 54,000 1,000 200,000 106,000 77,C0C 38,000 112 *82 M S cons 52 54 7S "7iM 30 M Q 78 Sale 105 J MJV J a 1st ref 5Ms series B. 1978 J 8,000 1 iMissouri-Illinois RR 5s ser A. .1959 ...1990 398,000 Mo Kan & Tex 1st g 4s Missouri-Kansas-Texas RR— 442,000 215,0C0 8,000 460,000 37,000 9,000 D 5154 58 grd as to int....1938 A 1st & ref 6s series A........ 1946 ♦Alst *Alst 59,000 267,000 6,000 14,000 16,000 857,000 83,000 176,000 508,000 A D 76 54 52 104M 995a 93M 89M 29 Nov. Nov. Nov. 275a Nov. J J Lowest Highest 9754 15 O RANGE SINCE JAN. Lowest Nov. 30 Ask Bid 95 M 96 1104 M Sale 105 M Sale 106 1065a J South Ry joint Monon 4s.....1952 J Atl Knox & Cin div g 4s ..1955 MN ALower Austrian Hydro-El 6 Ms .1944 FA McCrory Stores Corp deb 3 Ms.-1955 1 iMcKesson & Robbins deb 654sl960 Maine Central RR 4s series A—1945 Gen mtge 4Ms series A.—...1960 91M Sale 87 54 89 PRICES IN NOVEMBER Nov. 1 D J J 11654 10154 43 43M 65 41 4154 42M 3954 405a 36 33 375a Sale 108 54 Sale 110K 116M ii65a 405a Nov. Sale 35M Nov. Sale 1C1173J 102 M 66 54 66M Sale 101M 106M Sale 1045a Sale Sale 66 M 1055a 1045a Sale 1045a Sale 106 1075a 1055a 105M 1055a 68 122 38 38M Nov. 42 5< Nov 405! Nov, 67 M Sale 105 Sale 106 66 Nov. 102M Nov. 1055a Nov. 1045a Nov. 106 Nov. 1055a Nov. 685a 102M 1065a 1055a 10754 Nov. Nov. Nov. Nov. Nov. 106 Nov. 60 415a 48 41 4354 Oct. June May May 5654 Mar. 15 4754 Jan. 11 4454 Jan. 10 May June 11054 Nov. 20 34 54 27 24 54 10454 11254 10054 July 122 40 M 9 8 1 37M Nov. 110K Nov. 20 1165a Nov. 27 101M 106 Sale 32 1085a Nov. 1165a Nov. — 6754 Sale 102M 102 65 Sale "445a 39M Nov. 39 Nov. 41M Nov. 435a Nov. 64 102 June May 10354 May §9 H May 10054 May 102 -May 63 June 119 June 36 Jan. 3154 May 39 Jan. 4 Feb. 6 10154 Jan. 8 70 54 Jan. 25 120 Sept. 21 10754 Feb. 14 106 54 Apr. 8 10754 Nov. 25 103 106 71 Nov. 18 Jan. 11 12454 Jan. 31 4354 Apr. 13 4354 Nov. 26 Sales in BONDS Value N. Y. STOCK EXCHANGE Jan. 2, 1940 Bid 23,000 New England T & T 30-yr 5s A. 1952 J D 30,000 1st g 4M8 series B 1961 AfN 24,000 81,000 47,000 57,000 84.000 29,000 1,000 91,000 2,000 19,000 45",o5o N J Junction RR gu 1st 4s—.-1986 N J Pow & Light 1st AHs -1960 New Orleans Great Nor 5s ser 7,000 Npt & Oin B 429,000 371,000 3,213,000 883,000 495,000 ...1956 deposit—----- .....1954 deposit..——— gu g 4 His——.1945 ilst 514s series A iOertificates of gen New York Central RR—> Consol 4s series A ¥'A H 107 129M "70"" Sale 71 Sale 56 Sale Sale Sale 31M 30M 104M Sale" 104 M 65 M 67 68 25 31M 29M 30 M 28 M 31 34 M 35M 34 105M 104 H 35 M Sale "34"" Sale" "28"" 32M 37 M J J 107 40 36 35 35 33 30 Sale 36 113 —... A 64 M Sale 62 H Sale O 61 74M Sale A Ref & impt 5s series Conv secured 314s Sale 90 M Sale 90 Sale O 55 Sale Sale O 58 M 64 M 63 M Sale 56 M 63 M 60 M Sale Sale Sale 84 M Sale 85M 86 97 H 65 Sale 99 59 Sale 58 70 M 59 M Sale Sale 88 Sale 70 M 57 M 85 O—...--2013 -1952 605f Sale Af N 61 Sale J A F J J A F A 79 H 78 M Sale 86 Sale 59 58 M O 65 Sale 57 M 81 Sale J A M S P A Sale 83 M 75 77 A] 105 M Sale A tl05M 107 "V,666 Long Branch gen 4s.... JiN Y New Haven & Hartford— ... ........ - Sale 109 Sale 109 M 125 M Sale Sale 124 M 11M 13 M 100M 102 53 M Sale 62 M 65 — 15 19 102 54M 55 M 60 M Sale 75M 88 85 M 105 79M 89 1954 A O J 1955 J 1956 AfN J 1956 J J 1948 J 1940 A O 16M 15M Sale 15M 20 15M Sale 14M 15M 18 Sale 30 Sale 17} Sale 74 5 1957 AfN 1967 J D 1954 AfN 72 1992 M S 1955 J D O 97 4M 2M 109 M Sale 106 H 108 M 104M 106 AO A F A F A North Cent gen Sc ref 5s ser A..1974 Af S Gen & ret 4Ms series A—....1974 Af 8 88 77 80M Nov. 27 54 54 M Sale 57 57 M 58 110 110M 108 H 110 110M 109M Nov. 12 54 57 122 M 106 106 M 105 M Sale 106 M Sale 105M 117 Nov. 8 61M Nov, 7 H Nov. 12 95 93 Nov. 27 Nov. 12 Nov. 28 56 M Nov. 59 h Nov. Nov. 27 Nov. 1 110M Nov. Nov. 1 110M Nov. Sale 16 Nov. 2 22 100M 101M 100 M Nov. 19 100 M 54 M 50 M Nov. 28 45 50 61 50 56 56M Nov. 29 93 97 M 85 Nov. 4 96 87 82 14 14 26 15 Nov. 30 Nov. 19 Nov. 6 Nov. 7 Nov. 22 105 87 13M 85 18 14 M Nov. Nov. 10 15 Sale 16 Sale 8 16M Sale 19M Sale-, 32 32 M 3M Sale 17M Sale Sale 77 4M 1M 92 Sale 48 50 Sale Sale 27 M 11 10M 59 M Sale 93 Sale Sale Sale 109 4M 14M Nov. 13 M 70 74M 70 74 125 M Sale 103M 105 104H 106 105 M Sale 115M 108 105 118M 112M 113 M Nov. 14 99 % Nov. 22 Sept. 24 Oct. 7 66 48M June 19 61 45M May 21 May 21 73 May 24 5 80 M June 66 May 28 73 M Oct. 61M Oct. 3 3 88 M Nov. 12 Nov. 27 95 Nov. 12 93 80 M Nov. 27 Nov. 12 May 27 107 M Apr. 12 1 108 H Sept. 17 104 M June 56 % Apr. 25 46 M June 25 Oct 24 60 46 May 21 77 101 104 M May 28 110M Sept. 26 Oct. 15 105 May 28 111 Apr. Sept. 22 11 May 19 H Apr. 19 H Apr. 20 ?x Apr. 25 10 May 10 May 12M May 20 Apr. 24 M Apr. 18M Nov. 23 Nov. 30 5M Nov. 12 2h Nov. 6 77 1M Nov. oVA 26 Nov. 30 Nov. 90 M Nov. 93 M Nov. 95 M Sale 5M Nov. Sale Ill Nov. 13 M 74M 13 Nov. 71 Nov. 14 6 Nov. 4 36 Vx Apr. 19H June 2M May 12 May 58 May "*3 May 1M May 85 May 107 108 M Nov. 27 106M Nov. 22M Nov. 20 M Apr. . 43 52 M Nov. 109M Nov. 6 106 Nov. 22 3. 96 26* 86% Oct. 18 79 M Oct. 65 Feb. 11H May Nov. 25 Nov. 2 5 22 Nov. 30 May 21 100 M Nov. 19 60 Jan. 8 Feb. 23 64 8M June 17 97 43 M June ,7 1 50 July 14 Mar 14 74 Nov. Nov. 6M Apr. 8 H Apr. Nov. 30 77 8M Mar. 15 4M Mar. 14 May 16 54 M Sept. 25 110M Sept. 20 85 • May 105 May 21 108 M Jan. 23 9 100 M May 23 106 M May 101 9 108 M Nov. 27 Mar* 14 30 Mar. 8 12 Mar. 14 14 62 M Mar. 14 Nov. 19 112 May Jan 2 8 Nov. 25 Nov. 19 Nov. 14 74 Nov. 1 126M Nov. 25 Nov. 23 Nov. 6 106 Nov. 27 105 M Nov. 15 Nov. 19 106 M Nov. 1 75 Sale Sale Sale 105M 71M 125M 104 M 104M 105 Sale 113M Nov. 30 113M Nov. 30 92 Oct. Oct. % Jan. 9JH 6 112 10 14 22 79 Oct. 10 69 117M June 5 15 28 102 M May 24 102 M May 101 May 107 8 7 18M Apr. 27 17 % Apr. 27 Oct. 12 Feb. 11 15 109 M Sept. 13 104 M May 6 54 M Jan. 114 Nov. 8 Apr. 27 74 Nov. 19 126 M Nov. 25 107 U Apr. 8 106 Vl May 108 M May 2 2 Oct. 17 Jan. 29 118 May 18 113 M Nov. 30 45 70 5 6 13 8 8 6 8 13 16 23 5M Jan 5 H Jan. 39M Jan. 112 Nov. 19 106 May Nov. 30 91 80M Sept. 78 1 95 M Nov. May 3M May 6M Nov. 15 111M Nov. 22 107 M May May 108M Nov. 25 107 103 M Nov. 28 96 M June Nov. 8 14 2 May 13 M Nov. 8 7M May 10 — 70 88 68 M May 28 85 June 3 53 M June 18 22 32 3M Nov. 108 M 71M 91M Oct. Nov. 15 15M Nov. 12 16 M Nov. 73 M Nov. 4 Nov. 111 105 M 104 H 4 4 3 66M Oct. 3 64M Sept. 23 65 M Oct. 60 M Oct. 87 29 M Nov. 7 126 M 15 25 20 Nov. 23 59 111M 112 Sale 12 71 18 May 34 Sale a!* 21 42 M May 19 Apr. 8 36 H Mar. 14 32 M Apr. 13 40 Mar. 14 11 14 M Nov. 17 Nov. 56 IU 44 M May 28 74 May 23 38 May 21 43 May 21 8 9 8 37 May 21 June 18 38 M Apr. Jan. 31 113 Qct. 27 25 8 5 8 9 22 99M 108 M 110 22 M Sale 5M 7 23 M May 23 29 Feb. I 23 20 Jan.. 30 6 Sale June 20 30 71 Nov. 15 Nov. 16 Nov. 16 Nov. 16M Nov. 17 M Nov. 15 Nov. 14 M Nov. 15 87 16 15M Nov. 15 16 May 102 M Jan 101M May 55 June 10 27 15 124M Ndvr 8 125M Nov. 26 120 M May 29 126M Jan. 23 116M Nov. 4 117M Nov. 27 113 M June 11 118M Feb. 19 125^ 11751 22 6 108 Nov. 103 M 104"" 102 H Nov. 103 104 13 Nov. 13 M 13 H Sale 12M 13 Nov. 13 M 14M 13 M Sale Mar. 1 40 M 59 M 31M 33 M Apr. June May May 29 10 72M Oct. 30 42 42 M 41M 68 M Sale 42 Sale Sale 73 M 43 M Sale 109 M 95 7M 52 M 64 Sale Sale 56 H 56 M Sale ..... 9M 108 M Sale 108 M Sale 108 M Sale 106 M 106 M Sale 110 Sale 106 107.9 108 105 M 117M 110M Sale 116 117 118M 105 M Sale 76M D D D 73 Nov. 56M Nov. 27 7 108 - 4,000 Pacific Coast Co 1st g 5s......1946 J 102,000 Pacific Gas & El 4s series G 1964 J 57,000 1st & ref mtge 3 Ms series H—1961! J 90,000 1st & ref mtge 3 Ms series I... 1966 J 70 85 Nov. 30 90 M Nov. 7 89 Nov. 20 5 0 20,000 1 iOgden & Lake Ch 1st guar g 4sl948 10,000 Ohio Connecting Ry 1st 4s_.—1943 85.000 Ohio Edison 1st mtge 4s.......1965 1st mtge 4s .....———1967 13,000 1st mtge 3 M« 1972 61,000 64,000 Oklahoma Gas & Elec 3Ms— -—1966 4s debentures 1946 28,000 ..1943 81,000 Ontario Power N F 1st 5s Ontario Transmission 1st 5s_._.1945 2l",660 Oregon RR & Nav con g 4s....1946 3,000 Oregon Short Line 1st con g 5s.. 1946 1st guar cons 5s stamped 1946 2,000 98,000 Ore-Wash RR & Nav 1st & ref4s 1961 297,000 Otis Steel 1st mtge 4M» A...—1962 Sale Sale Sale Nov. 14 Nov. inM O iOertificates of deposit.. 412,000 Northern Pacific prior lien 4s—1997 Gen & lien ry & Id gt 3s..Jan 2047 183,000 Ref & impt 4 Ms series A——2047 191,000 Ref & impt 6s series B 2047 1,057,000 Ref & impt 5s series O 2047 45,000 Ref & impt 5s series D 2047 121,000 93,000 Northern States Power 3 Ms——1967 N'western Teleg 4Ms extended. 1944 6 Nov. 27 91M Nov, 15 60M Nov. 8 66 M Nov, 7 64M Nov. 7 Nov. 90 M 95 M J Northern Ohio Ry— ilst gtd g 5s ......-1945 A ilst mtge g 5s (stamped cancel¬ lation of guarantee) — -.1945 A 62 M Nov. 60 65 H Nov. 12 Nov, 13 8 iOertificates of deposit. - - — iCtfs of dep (issued by reorgan¬ F 55 M Nov. 27 Nov. 10 ZifN 62 M Nov. 22 89 M Nov. 7 99M Nov. 22 65M Nov, 20 60M Nov. 18 94M 78 M Feb. Nov. 23 64 105 M July 11 28 106 H Jan. 12 71M Feb. Mar. 21 May 21 33 30 M Nov. Jan. 3 25 23 May 24 39M Apr. 24 May 24 37 M Mar. 28 M June 18 37 % Mar. 20 64 H June 45 111 105M 106M 106 M 108M 105 105 105M 105M 25M Niag Lock & Ont Pow 1st 5s A.. 1955 A O Niagara Share (Mo) deb 5Ms— 1950 AfN ♦J iNorfolk South 1st & ref 5s A. 1961 F A Nov. 14 Nov. 22 Nov. 54 111 1961 ization manager) 27,000 42,000 *tiNorfolk & South 1st g 5s.... 1941 iCtfs of dep (issued by organ¬ 1941 ization manager) 7,000 67,000 Norfolk & West Ry 1st con g 4s. 1996 1949 34,000 North Amer Co deb 3 Ms 1954 Debenture 3 Ms— 63,000 1959 Debenture 4s 48,000 8 Nov. 8 Nov. 25 Nov. 107 J 1967 J B 1946 J D N Y Trap Rock 1st s f g 6s 1946 68 stamped— ....... 1* aN Y Westches & Bos 1st 4 Ms 1946 j" "J Niagara Falls Power 3Ms.——- 1966 Af S 34 M Nov. 32 M Nov. 29 33 30 38 M 33 48 109 M A P Nov, 1 Nov. 25 63 M Nov. 7 58 Nov. 13 3 ~52M 31 30 88 Sale Sale Prices 122 May 15 128 % Jan. 122 M June 11 129 % Nov. 60 M July 60 M July 15 Jan. 105 M Mar 7 109 26 109 52 O Nov. 14 2 97% Nov., 4 , 1943 AfN gold 5s....——— 1940 For footnotes see page 30. Sale Sale 100 15 57,000 New York Steam Corp 3 Ms—— 1963 J J J aN Y Susq & West 1st ref g 5s. 1937 J 3,000 * 1937 F A iSecond gold 4M».— iTcrminal 1st gold 5s N Y Tel ref 3 Ms series Sale 116M Sale 117M 15 14 M 9,000 N Y & Queens El Lt & Pr 3 Ms- 1965 TAN New York Railways Corp— J Prior lien 6s stamped ....... 1958 J 2,000 1951 AfN 12,000 N Y & Rich Gas 1st 6s A— 94M 90 80 M 1947 Af S 1947 A O liN Y Prov & Boston gen 4s... 1942 A N Y & Putnam 1st con guar 4s.. 1993 A ♦iGeneral 91 Sale 54 H 59 108 H Sale 35 60 Sale Sale 52 49 M Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Sale 90 M 89 M 109 Nov. 26 Nov. 19 Nov. 20 105 H Nov. 29 105M Nov. 20 69 Nov. 19 29 H Nov. 15 30M Nov. 9 36M Nov. 14 32 Nov. 12 108 70 64 84 M Nov. Sale 79 M 81M iNYLE&W Coal & RR 5M«. 1942 AfN J iDock & impt 1st 5s..—... 1943 J 1941 M S N Y & iNon-conv debenture 4s. . 50,000 iNon-conv debenture 3 Ms. .. 8,000 iNon-conv debenture 3 Ms.-. 67,000 iNon-conv debenture 4s..... 53,000 iNon-conv debenture 4s_.... 100,000 iOonvertible debenture 3 Ms.. 101,000 iConvertible debenture 6s 732,000 ♦ ^Collateral trust 6s 138,000 i Debenture 4s .... 41,000 ilst & ref 4 M8 ser of 1927---. 328,000 1 iHarlem R Sc Pt Ches 1st 4s. 102,000 158,000 JaN Y Ont & West 1st g 4s iGeneral 4s 36,000 Sale Nov. 12 115M 1998 F — 32 35 Highest Sale Prices Sale Prices 2 127 4 129H Nov. 27 r70"" 63 107 H 107 M 106 M Nov, 67 Nov. 69 67 H 60 M Nov. 60 64 34 M 28 Sale Nov. 128M Nov. 1 Lowest Highest Sale Prices 126 M 127M 126 37 O *aN Y & Greenwood Lake 5s.. 1946 AfN N Y & Harlem g 3 Ms———-. 2000 AfN N Y Lack & Western 4s ser A.. 1973 AfN 1973 AfN Guar 4Ms series B— 2,000 61M Ask Ask Bid 127 29M "a 19,000 2,000 38,000 31,000 52,000 15",666 125 128 M Lowest Nov. 30 34M p 65,000 N Y Dock 1st gold 4s__.—....1951 Convertible 6% notes...!.—1947 32,000 71,000 N Y Edison 3 Ms series D 1965 1st lien & ref 3 Ms series E.—1966 38,000 N Y & Erie—See Erie RR. 8,000 N Y Gas El Lt Ht & Pow 5s...l948 J D Purchase money coll tr g 4s.. 1949 F A 29,000 3,000 15,000 837,000 4,000 11,000 18,000 73,000 74,000 Bid 74M A N Y Connecting 1st gu 4M® A—1953 P 1st gtd 5s series B_........—1953 P 20.666 Nov. 1 106 105 M Sale 68 M 67 10-year 354 s secured s f ..1946 Ref & impt 4 Ms series A—-2013 A 327,000 N Y O & H R g mtge 3 Ms 1997 293,000 Debenture 4s of 1912-...-—-1942 19,000 Lake Shore coll g 3 Ms— 1998 Mich Cent coll g 3 Ms 78,000 1998 New York Chicago & St Louis— 460,000 Refunding 5Ms series A.....1974 1,271,000 Refunding 4Ms series 0....-1978 4s collateral trust.. ..—1946 119,000 149.000 1st mtge 3 Ms extended to..—1947 302,000 3-year 6% notes 1941 14 Debenture 6s —---1950 15,660 "70"" 105 {♦aN O Tex & Mex income 5s..1935 iOertificates of deposit-—---iFirst 5s series'B .1954 A O iOertificates of deposit. . ilst 414s series D— 125 M 69 1st & ref 58 series B— 1955 New Orleans Term 1st 4s guar. _ 1953 gold 5s series O 1956 iOertificates of deposit——— 129M 107M Sale A.1983 ilst mtge Ask 127 A NO & N'eastern ref 4M» ser A-1952 New OrleansP S 1st & ref 5s A--1952 iOertificates of 207", 655 F RANGE SINCE JAN. PRICES IN NOVEMBER Price November 28",666 27 N. T. STOCK EXCHANGE—BON DS DEC., 194-0] 59 113 112 H D 108M 110 Sale 109 M 72 Sale 62 M 54 M Sale Sale Sale Sale M Sale 49 M Sale 42 Sale Sale 54 M Sale 110M Sale 71M 41M 49 M 61M 53 M Nov. Nov. Nov. Nov. Nov. 54 Nov. 109 M Nov. 27 27 27 27 28 27 4 3M 108M 106 M Sale 109 109M 109 M Sale 109 M 109M 3M 108 M 106 % 4 l07" Nov. 8 Nov. 8 Nov. 13 Nov. 8 Nov. 26 4 Nov. 16 108 M Nov. 23 106 M Nov. 8 109 Nov. 7 111M Nov. 26 3M Nov. 108 M Nov. 106 Nov. 111 108 M Nov. 108 109M Nov. 109 M 110 109 117M 117M 116M 117M 117 II8M 106M 108 H 109 Sale 85 M Sale 65 112M Sale 111M Sale 110M Sale 58 112 62 M Nov. 82 Nov. 60 Nov. Nov. Nov. 112H 112 111 111M Sale 110M 110M 110M Nov. 7 62 M Nov. 16 Apr. 29 P Oct. 3 Sept. 23 Oct. 2 2 68 M Oct. Oct. 1 60 Oct. 1 60 Nov. 26 105 M May 28 111 8 95 95 May 8 May 3M Nov. 20 107 M July 24 108 M 105 , May 15 109 M 104 H. May 21 110 101M May 28 111M 109 M Nov. 14 105M Nov. 12 117 M Nov. 106 Nov. 21 21 45 May 21 40 M May 23 40 May 21 107M May 103 May 90 June Nov. 13 104 93 July May 112 Nov. 23 108 117M Nov. 16 112 M June May 117M Nov. 25 113 May 108M Nov. 29 104 68 May 86 M Nov. 26 Nov. 105 Nov. 105 105M 103 M 102 M i03M 102 M Nov, 103 100M 117 M 100 M 117M 112 111M Sale 113M 111M Nov. 60 Nov. 14 Nov. 9 101 101 Sale Sale Sale Sale Sale Sale Jan. 23 2 5 Apr. 3 Jan. Jan. Nov. 26 17 110M Jan. 11 Feb. 9 U 107 17 108 M Jan. 11 2 9 105 % Feb. Nov. 23 24 112 10 118M Mar. 26 Mar. 18 28 119 23 108 M Nov. 29 24 86 M Nov. 26 53 May 31 62 M Nov. 16 109 H May 28 113 % June 24 1 112M Nov. 20 4 112 Nov. 13 108 1 111M Nov. 13 105 M May 28 111M Nov. 13 May 22 112M Jan. 10 N. Y. STOCK EXCHANGE-BONDS 28 Sales in BONDS November Value n. y. stock exchange If Ask 80 80 Bid % APacific RR of Mo 1st ext 4s..1938 70.000 *A2d extended gold 5s 1938 2,000 43,000 Pacific Tel & Tel 3 Ms series B..1966 Ref mtge 3 Ms series C 21,000 ..1966 1,000 Paducah & Illinois 1st s f 4*$s.-1955 M S 32,000 Panhandle Eastern Pipe L 4s A .1952 Paramount Broadway Corp— F A 1st mtge s f g 3s loan ctfs—..1955 45,000 * Inc—• 3 Ms conv debenture 222,000 1947 1944 13,000 Parmelee Trans conv deb 6s Paterson & Passaic G & E 5s...1949 37",600 iPaulista Ry 1st & ref 7s ser A.. 1942 75 68 109M 109 M 110M 110M 101Vs 104M 105 Nov. 1 Bid 74 M 72 I Ask Ask Bid 75 M Lowest Nov. 30 77 Sale" lilM 78 -Nov. 26 111M Nov. 4 111*$ Nov. 25 111M Sale 111*$ 7 103M 105M 103*$ l05M 103 Ys Nov. 7 103 Vs Nov. Nov. 7 102 M 103 M 102 Vs Nov. 19 104 103M 104 110 48 M 50 48 83M 84M 44 92 Sale 48 M 110 Pennsylvania Co— Guar 3 Ms coll tr ctfs ser B—1941 Guar g 3 Ms tr ctfs ser C.....1942 Guar g 3*$s tr ctfs ser D___—1944 40-year guar tr ctfs 4s ser E..1952 28-year 4s 1963 Penna Glass Sand 1st mtge 3MS 1960 Penn Ohio & Detroit KR— 1st & ref gold 4Ms series A...1977 4Ms series B —1981 Pennsylvania Power & Lt 3 Ms--1969 _ 1,000 44,000 113,000 13,000 100,000 i8i",66o 79,000 3,000 33,000 22,000 625,000 41,000 499,000 105,000 919,000 400,000 267,000 657,000 8,000 42,000 60,000 21,000 13,000 1,000 266,000 44,000 311,000 166,000 13,000 11,000 11,000 6,000 144,000 194,000 284,000 225,000 182,000 _ A O M 8 M 8 gold 4s 1943 gold 4s 1948 Stamped dollar bonds. _ . . -1948 Gen mtge 3Ms series C__ 1970 Consol 4Mb issue of 1915----I960 General 4 Ms series A 1965 General 5s series B 1968 Debenture gold 4 Ms 1970 General 4Mb series D 1981 Gen mtge 4M8 series E 1984 Conv deb 3 Ms 1952 Peoples Gas & Coke 1st 6s.--_.l943 Refunding gold 5s —1947 t*APeoria & East 1st stmp 4s.. 1940 iCertificates of deposit Alncome 4s (flat) ---1990 Peoria & Pekin Un 1st 5Ms A.. 1974 Pere Marquette 1st 5s series A—1956 Consol J D llV* 94 Sale 45 M 92 Nov. 1 43 Nov. 15 97 Nov. 29 45 Vs Nov. 8 76 36 121 65 Nov. 12 67 M Nov. 18 MN MN MN A O 88 M Sale Sale 101M Sale 108 Sale 88 95 M 85 M Sale Sale Sale Sale 89 Sale Nov. 121 Vs Nov. 106 Nov. 121M Nov. 14 108 M Nov. 27 Sale Sale Sale 115 Sale 94 Vs Sale 93 M Sale 104 M Sale Sale 104 Sale Sale Sale 89 H Sale 94 Sale 1188 J O A 1945 MN 1949 F 110M 109 M 110M 106 h 196M 115M Nov. 22 101*$ Nov. 100 M Nov. 105 105 Nov. 26 Nov. Nov. 93 Nov. 14 89 49 72 61M 65 107 Sale 65 Sale 62 64 65 M Sale 109M Sale 62 Nov. 22 Nov. 1 110 Nov. 12 Nov. 18 Nov. 25 6 64 M Nov. Nov. 8 Nov. 64Vs Nov. Noy. 108 109 Nov. 117 122 122*$ 118 Nov. 110M 113*$ 112 Noy. 9 109M Nov. 122 M Nov. 26 114M Nov. 27 108 109"" 107 Nov. 108 Sale 106 Vs Sale 106Ys Nov. Nov. 13 106 % Nov. 4 Sale 109 Vs 16 M Sale 109 M Nov. 110 Sale 15Vs Nov. 3 M Nov. 3Vs Nov. 17 M Nov. 12 4Vs Nov. 12 7 4M Nov. 104 M 103 Vs 4 M Sale 104M Nov. Sale 102 Nov. 105M Nov. 12 104M Nov. 15 105 107 M 105 106 Vs 109 M 17 M 3M 7M 4*$ 4*$ 3M 6 IiOM 96 M 50 M 5M 110M 75 M ' Sale Nov. 23 109 12 M 110 55 52 107 M 109 Sale 6*$ 51 49 M Nov. 52 55 5 Nov. Sale 5 4M 110M 107 Vs 110M 110M Nov. 72 Nov. Sale 74 M Sale 5M 108 115 110 3M 114M Nov. 14 117M Nov. 28 Nov. Sale 110 106 11 98 M Nov. 14 Nov. 26 114 113M 115 117*$ 118M 116 M Nov. 50 M 108 M 109 Sale 109M Nov. 22 107 M Nov. 29 112 M Nov. 93 M Nov. 49 M F A 98 104 M 102 M 17M Sale 4M 4 M Sale Sale 3M 3Vs 3M 3*$ Sale Nov. 14 Nov. 25 105M Nov. 105 104 104 110 110 110M 108 *$ 109 *$ 108 116 110 111 110*$ Nov. 20 110 Vs Nov. 20 110M Nov. 14 110 M Nov. 14 109 M 110 115 117 119 107 M 108 M 103 M 108 99 95 110 M Sale F A 1963 1964 1970 J D 1975 A O 1977 J J MN 1943 MN 1st 4Ms ser A. 1958 3 D series B 1959 series O ---I960 4s ser A. -1948 1962 1st gen 5s series C 1974 1st 4Mb series D --1977 1st mtge 4 Ms 1st mtge 4Ms "45 M 43 44 M Sale 44 M Sale 117 3 J j 80M Sale 106*$ 62 M Sale J 109 J MN M S J J 61M J 80 3*$ 64 M Sale 84*$ 4M 60 110M lUM J 146 149 D 219 O 109 223 Sale 3 A O J 3 M S M S MN F A MN MN J 3 3 3 J 1950 MN 1952 MN 1953 F A 1955 A O aOoiis mtge 6s 39,000 Richfield Oil 4s conv deb 1,000 a Rim a Steel s f 7s 6,000 t*ARio Grande June 1st- guar 12,000 1952 M S 1955 F A 5s 1939 132,000 j*ARio Grande Western 1st g 4sl939 92,000| A 1st con & coll tr 4s series A. .1949 10,000 Rochester Gas & El 4 Ms ser D..1977 Gen mtge 3 Ms series H 1967 Gen mtge 3 Ms series 1 1967 Gen mtge 3 Ms series J 1969 12,000 103*$ 104 3 J 1946 1953 J a3 M s assented 5,000 3,000 ARhine-Ruhr Wat Serv 6s 2,000 ARhine-West Elec Power 7s ADirect mortgage gold 6s 12,000 aCoiis mtge 6s 17,000 J J AO 99 M 96 M 81 * 95 ..... Sale 101 Vs 90 Vs 90 M 101 Vs "9l"" 104 M 105 Oct. 31 101 Sept. 110* 109* Oct. 16 Apr. 19 109*$ Jan. 25 6 110M June 6 115 Mar. 25 June 7 115 Mar. 27 111 81 98* May 21 3 121 115M June 94 M May 21 % 100M May 21 115* 79 May 28 98 89 M May 22 105 89 May 22 105 93 75* June 11 110 May 29 116 111 May 24 118*$ 71 43 Aug. 26 70 % 43 M Aug. 30 10 3M May 21 106 M Jan. 24 110*i 51 % May 27 _ 45 June 3 # Nov. 15 Nov. 14 Nov. 27 Nov. 22 Nov. 14 Nov. 26 Nov. 26 Nov. 14 Jan. Oct. 22 7 July 31 Aug. 8 Feb. 19 July 20 Nov. 25 Oct. 3 45 Oct. 7 107 Jan. 10 67 May 28 May 28 111 108 M Sept. IK 110*$ 112 Aug. 31 122*$ June 10 114*$ 106 Mar. 26 Nov. 26 Nov. 27 7 104 M May 31 108*$ May 100 May 28 106?$ Aug. 22 Mar. 12 June 3 Ill* 108 18 9 Sept. 24 May 21 2 May 21 5 Sept. 21 3 H May 21 8*$ Feb. 21 4 Sept. 23 Sept. 23 9 103 Sept. 13 112*$ Feb. 93 M May 28 104*$ Nov. 15 Nov. 25 108 Feb. 110*$ Nov. 111 Sept. Aug. 115 Sept. 114M June 12119*$ Nov. 99 M May 22 113?$ Nov. 8 113*$ Nov. 99 M June 108 59 8 Nov. 22 117 Nov. 22 80 Nov. 15 Feb. 108 M July 92 May July June 108 M Aug. 40 May 40 40 29] 110 27(119*$ 28 June 110M Mar. 20 25 8 24 19 19 15 5 105 19 108* Nov. 15 20j 63 Oct. May 22 May 21' 74 M Nov. 4 Oct. 63*$ Oct. 64 Oct. 8 2 2 2 106*$ Apr. 23 Sept. 23 7 117 5 81*$ Jan. 107*$ Feb. 23 101*$ Nov. 30 91 Aug. 9 100*$ Nov. 15 91 Aug. 2 110?$ Mar. 30 97*$ Nov. 12 64*$ Aug. Jan. 59 Jan. Nov. 90Vs Nov. 12 100Vs Nov. 15 81*$ June 58?$ Jan. 81*$ June 106*$ June 92 M 3 104 M 104M 101M 99 M 100 M 101 101M 102 M 103 100 Sale 104 Sale 105 M 104 Vs 102 *$ Sale 90 100 M Nov. 90 Nov. 90 H Nov. 16 110 ISov. 8 109*$ Nov. 94 M Nov. 2*| Nov. 97 M Nov. 12 2Vs Nov. 8 79 Jan. Jan. 2*$ Oct. 112M Nov. 16 109M Nov. 108 113 May May 153 Nov. 4 226 May 110*$ Oct. 3 105 Mar. 27 153 Nov. 153 Nov. 4 140 218 Nov. 218 Nov. 14 214 Sept. 110M Nov. 28 104M Nov. 18 106 May 109 M Nov. 104 Nov. 5 63*$ Mar. 16 Apr. 19 63 5$ Mar. 99*$ June 50 65*$ May 23 60*$ May 22 81 80*$ 62*$ June 11 89*$ June 11 103 *$ 90 June 10 102*$ 8 Nov. 29 100 103 Sale 78 65 M Sale 101M Nov. 101M Nov. 104 Vs Nov. 15 106M Nov. 12 Sale Sale 103 M Nov i 105 M Nov. Sale 105M Sale 104 M Nov. 106 M Nov. 20 92 102Vs Nov. 35M Nov. 102 M Nov. 6 Nov. 22 36 ' 98*$ June Sale 30*$ 27 27 M 27 27 M 12* Sale 12 M 106 Vs l07"" M S 109 M M S 107* O 106 M 27 Nov. 30*$ 27 Sale 107 36 Sale 33 Sale 109 M 6 26 Vs Nov. 27 ,, Nov. Nov. 27 M Nov. 28 27M Nov. 4 27M Nov. 106 M Nov. 4 27M Nov. 107 M Nov. 19 5 *$ Sale Sale Nov. 9 Nov. 20 36 12 49 7Vs 35 Vs Nov. 25 27M Nov. 12 27M Nov. 29 Nov. 27 M 33 Sale 9 9 36 34 Nov. 27 80M Nov. 22 103 M Nov. 27 102 M Nov. 29 Sale 33 Sale 81 Nov. 35 27 65M Nov. 29 61M Nov. 77 Vs Nov. Sale 104 M 105 M 40 19 M 49 Nov. 36 Nov. 15 34 Nov. 31M Nov. 5Vs Nov. 131 132 1 8 Nov. 1 131 Nov. Nov. 8 109*$ 109M 8Vs 109 M 8 Sale 109 M Noy. 6 Nov. 110M Nov. 18 8 Nov. 30 4M 4M Sale 6 Sale 86 M Sale i08*$ HI J . J 94 55 70 O 80 53 65 109 H 103 Jan. May 15 Jan. 5M 4M 87 87 Vs 109*$ 111 55 70 84 M Nov. 4M Nov. 25 5 Nov. 12 4M Nov. 4Vs Nov. 3Vs 4M 53 65 6 89 M Nov. 23 27*$ 27*$ 27*$ 27*$ 27*$ 15*$ Jan. 12*$ May 13 May 14*$ Feb. 103*$ May 8*$ June 30 109 Nov. 29 Nov. 28 Nov. Oct. Jan. 4 4 9 20 Mar. 11 36 Oct. 21 12*$ Apr. 8 131 Oct. 108*$ Jan. 8 111 105 May 22 110 5 9* May 24 7 21 4*$ Nov. 25 May 23 9 4 Nov. 12 10*$ Jan. May 5*$ May Mar. Nov. 28 40 Sept. 20 130 Nov. 27 Mar. 25 106*$ Nov. 20 103*$ May 6 38 Oct. 18 35*$ Nov. 25 Jan. 14 Nov. 22 109 May 26 Nov. 27 104*$ Nov. 15 90*$ June 21 23 97 20 27 28 28 13 1 104\J£ Nov. 18 96 May 21 1 97 H Feb. 104 M May 22 100 May 22 7 107 M Oct. 104 Sale 11% 11H 104M Nov. 106 M Nov. 10 101 Vs Nov. 30 Sale . 30. Sale 8* 13 M 108 54 Nov. Feb. 100M Nov. 20 102*$ Feb. 10 106 M 106M Nov. Sale 100*$ Nov. 80 M 80 78 Vs 109 M 109 M A 77 M 106 64 107 M Sale 95 M Sale 100 M 100 M 12M 13M Nov. 15 58 M Nov. 12 58 Vs Nov. 9 Nov. 20 Apr. 2 Mar. 15 99 M 77 94 75 111 M 112 M 112 147 M 152"" 147 M 153 220 217 215M 109 M 116"" 106 M 109 % 104 12 19 19 15 54M Nov. 20 54 M Nov. 20 117 47 Apr. 105 M Oct. 23 106 102 May 24 107Xi Mar. 99M June 6 108*£ Nov. 99 May 21 107 M Nov. 102 120 Sale J 1996 117 Sale 77 M J 2d gold 6s Sale Nov. Nov. Nov. Nov. 105 "92"" 107 O 57 Sale "96"" M S 66,000 Saguenay Pow Ltd 1st M 4Ms.. 1966 St Jos & Grand Island 1st g 4s. 1947 St Lawr & Adirondack 1st g 5s. 1996 J 57 57 90*$ 130 3 1941 Sale Sale 119M 119M Nov. 12 119 M 119*$ 119*$ Nov. 19 119M 113 110*$ Nov. 6 113 M 113 H 110M Nov. 2 113 H 104 M 103 M Nov. 1 105 109 M 109 Vs 109 M 94 M 93 92 M 2 M 2M 120 J RR 4M» stpd 100 M 90 M S 1948 A ARutland-Canadian 4s stpd—1949 108 M 56 Vs Nov. June 13 May 23 126 56M Sept.24 72 105 63 M 78 M 70 Sale Sale D 3 55 H 73 102,000 *1 ARock Is Ark & Louis 1st 4Ms 1934 M S AKuhr Chemical 6s 75 M 106 M 100 M 90 J Sale 99 M 106 J _ 58 M 58 110M J Sale 105 1968 A 33,000 Pub Serv of Nor 111 3 Mb 20,000 Purity Bakeries Corp s f g 5s—1948 J 101,000 Read Co Jersey Cen coll g 4s—1951 Gen & ref 4Ms series A 1997 356,000 Gen & ref 4Ms series B 1997 91,000 245,000 Remington Rand deb 4 Ms w w.1956 4 Ms without warrants 1956 35,000 Rensselaer & Saratoga 1st gu 6s 1941 586",600 Republic Steel Corp 4Ms ser B..1961 Purch money 1st 5Mb conv.. 1954 227,000 Gen mtge 4Ms series O 1956 447,000 11,000 Revere Copper & Brass 1st 4M8-1956 ARheinelbe Union sfg 7s 1946 8,000 58 106 Portland General Electric 4 Ms—1960 M S J J 1st 5s extended to 1950--—-- J APorto Rican Am Tobac conv 6SI942 ACertificates of deposit-... a6s stamped 1942 ACertificates of deposit Potomac Elec Power 1st M 3 Ms-1966 Pressed Steel Car deb 5s 1951 t AProvidence Secur deb 4s gu—1957 i AProvidence Terminal 1st 4s—1956 30",006 Public Service El & Gas 3 Ms—1968 1st & ref mtge 5s 2037 5,000 1st & ref mtge 8s 2037 6,000 108 118*$ 118 5-8 112M 112M 103 M 117M 122 110M 103 M 108 V8 110*$ 8 110 Nov. 29 8 109M 106 M Nov. 97 107 M Oct. 30 108*$ Feb. 28 112 Jan. 4 Mar. 109 110 104 M May Aug. 2 105 110 1 6 June 105 A 107 M 109 108 M 15 May June 11 7 -.-1953 3 D 1957 MN 1960 F A MN Pitts Y & Ash 1st gen 1st gen 5s series B "97" " 114*$ Nov. 28 114*$ Nov. 26 98 Vs Nov. 15 114 108M Sale 110M Nov. 12 105M 106 106 Vs 110*$ General g 5s series B General 4Ms series O Pitts Va & Char 1st guar 4s For footnotes, see page 103 Vs Nov. 15 104 M Nov. 18 Nov. Nov. Nov. Nov. Nov. 121 *$ 117 7M 106 M 6 108 M Nov. 28 1 107M Nov. 13 1 104 M Nov. 18 110M 109 Vs 109 M 108M 107 M 114 H 113*$ 114 M 113M 109 % 109 Sale 114 69 M Apr 1942 1942 Con 4Mb series 1 g Con 4Ms series J guar Gen guar 5s series A 16,000 jARutland 101M Sale Sale Sale 7 000 X 101M Sale 104 Sale 116*$ Sale 47,000 130,000 100M Nov. 20 100 M Nov. 20 106MNov. 105M Nov. 106M 107 104 M 104 M Nov. 107 Sale 115 59 M Pitts & West Va 94 121Vs 106 M 112M 93 M 108 M H5M 58 "3",666 611,000 8,000 19,000 19,000 6,000 21,000 5,000 57,000 4,000 113*$ 113M «7 Con 3 Ms series E guar g Con 4s series F guar g Con 4s series G guar g 69 104 Sale 107 M 1956 J J series O 1980 M S Phelps Dodge conv 3 Ms deb—1952«/ D Phila Bait & Wash 1st g 4s 1943 M1V General 58 series B 1974|F A General g 4Ms series O 1977 J J General 4Ms series D 1981 J D Phila Co secured gold 5s 1967 J D Phila Electric 1st & ref 3 Ms 1967 M S jAPhila & Read C & I ref 5s._.1973 J J AConvertible deb 6s --.-1949 M S t* APhilippine Ry 1st 30-yr s f 4s. 1937 J J iCertificates of deposit ... Con 4s series H guar g "i",66o 1C9M 113 M 114M 113*$ Sale 1st g 4Ms Con 4s series D guar g 60,665 109 118 Phillips Petroleum conv 3s_.--_1948 M S M S 60,000 Pitts Coke & Iron conv 4Ms A.. 1952 3,000 45,000 30,000 104,000 Sale 109 M 108 M 1st 4s series B 1,000 4,000 44 M 123 % 63 Apr. 102M Nov. 19 105 96 M 105 M 107 M 109 104 Nov. 30 103 M May 21 110*$ Nov. 26 104 M May 21 112 Apr. 19 102 M Apr 8 103*$ Nov. 7 40 100M# Sale 78 50M Nov. 30 105 100 May 8 7 105M -1--. 106 M 107 105 M Sale 104 M Sale 108 M 108 85 Mar. 48M Nov. 105 M Sale June 10 74 Sale 1002Ijj 104 Sale 1,000 46 % 65 Sale 65 Pgh Cine Chicago & St LouisCon 4MB series B guar g Con 4Mb series C guar g 42 122 Sale 6 71 50 M _ 349", 000 7,000 125 67 M F A 102 M J D 104 H J D 105 Vs 106 MN 104M 104M Sale F A 103 1974 4 Ms debentures Penn RR consol 41M 124 Sale Sale Prices Sale Prices Prices Nov. 26 Nov. 30 1 Highest Lowest Highest Sale Sale Prices 81 75 M Nov. 4 78 78 Nov. 30 110 Nov. 1 110*$ Paramount Pictures M 8 RANGE SINCE JAN. PRICES IN NOVEMBER Price Jan. 2, 1940 Nov. Jan. 8 29 Apr. 18 Feb. 21 Mar. Jan. 9*$ Jan. 7 2 23 68 May 29 98?$ Feb. 15 Mar. 18 108*$ Aug. 30 112 N. Y. STOCK DEC., 1940] Sales in November Value Jan. 2, Nov. 1 1940 N. Y. STOCK EXCHANGE Ask Bid Ask St Louis Iron Mtn & South— ♦ ARiver & Gulf Div 1st g 4s—1933 371,000 AOertificates of deposit--11,000 1948 58,000 tiSt L Peo & N W 1st 5s„ 40,000 St Louis Pub Serv 1st mtge 5s__1959 11,000 St L Rky M & Pac 5s stamped. _ 1955 JiSt Louis-San Francisco Ry— a Prior lien 4s series A 1950 374,000 AOertificates of deposit 361,000 iPrior lien 5s series B 1950 118,000 AOertificates of deposit 47,000 iCon M 4*s series A 781,000 1978 AOertificates of deposit stamped 282,000 75,000 {iSt Louis Southwest 1st g4s.._1989 10,000 A2d gold 4s income bond Nov 1989 145,000 *Alst terminal & unif 5s. 1952 81,000 A Gen & ref 5s series A 1990 St Paul & Duluth 1st consol 4s..1968 24",666 fiSt Paul E Grand Trunk 4 *s._1947 86,000 I ASt Paul & K O Short L gu 4 Me 1941 11,000 St Paul Union Depot 1st 5s guar, 1972 183,000 San Ant & Aran Pass 1st guar 4s. 1943 21,000 Santa Fe Prescott & Phoenix 1st 5s'42 16,000 XASchulco Oo guar 6*s 1946 35,000 AStamped AGuar. sinking fund 6*s B—1946 6,000 97,000 AStamped— 112,000 6,000 61M Sale J" J M S 21* J J 58* J J 11* Sale 11* Sale 12 Sale 61 J J M S J J J J 20* A O 106,000 Simmons Co conv deb 4s——1952 A O 76,000 Skelly Oil 3s deb —1950 FA J J 101,000 Socony-Vacuum Oil 3s debs...-.1964 South & Nor Ala gu 5s.. -1963 A Southern Natural Gas— 29,000 1st mtge pipe line 4*s— 1951 235,000 Sou Pac Co 4s Cent Pac coll Aug *49 1st 4*s (Oregon Lines) ser A.1977 687,000 Gold 4 Ms 1968 573,000 Gold 4Hs 1,727,000 May 11969 Gold 4*8 1,996,000 1981 51,000 10-year secured 3*s_. 1946 San Francisco Term 1st 4s... 1950 32,000 668,000 South Pac RR 1st ref guar 4s— .1955 4s stamped..: -.1955 —1994 469",000 Southern Ry 1st cons 5s Devel 8c gen 4s series A —1956 1,043,000 Devel & gen 6s series A—...1956 14 J,000 Devel 8c gen 6*s series A 222,000 1956 Memphis Div 1st g 5s —.1996 9,000 St. Louis Div 1st g 4s —.1951 39,000 27,000 Southw Bell Tel 3 Ms series B—1964 1st & ref 3s series O— ...1968 64,000 167,000 tASpokane Internet 1st g 5s... 1955 24 a ,000 Standard Oil N J deb 3s...—.1961 A J O J J J J D A O J D M S M S AfN MN J J ,917,000 J —.1979 A O Gen 8c ref 5s ser D 1980 J D Tex Pac—Mo Pac Term 5*8 A.1964 M S J Third Ave 1st ref 4s 1960 J 1960 A 1937 J O J Tokyo Electric Light (Ltd)— 1st M 6s $ series June 15 1953 J D 324,000 47,000 Tol & Ohio Cent ref 8c imp 3*8.1960 J D 21,000 Tol St L & West 1st 1950 A O g 4s Tol W Va 8c Ohio 1st guar 4s C..1942 M S Tor Ham & Buff 1st 4s 1966 J D Trenton Gas & Elec 1st 5s.. 1949 Af S 5,000 J 5,000 Tri-Cont'l Corp conv deb 5s ser A '53 J AfN 8,000 ATyrol Hydro-Elec Power 7 *s_.1955 AGuaranteed sec s f 7s——.1952 F A 23,000 68,000 1,000 14,000 103,000 144,000 789.000 ,315,000 225,000 25,000 39,000 Ujigawa Elec Power sec 7s 1945 Union Electric (Mo) 3*s 1962 ♦{AUnion Elev Ry Chic 1st 5s.. 1945 Union Oil Cal 30-yr 6s ser A May *42 3s debentures..... .....1959 Union Pac RR 1st & land gr g 4s. 1947 34-year 3 Ms debenture 1970 35-year 3 Ms debenture 1971 Ref mtge 3 *s series A..—...1980 United Biscuit 3*8 debs......1955 United Cigar-Whelan Stores 5s. 1952 For footnotes see page 30. A A J O A AfN D O A O 66 32* 11* 15* 7!* 8?* 20 Nov. 6 Nov. 18 Nov.27 65* 22* 69* 41* 68* Nov. 27 40 Nov. 9 7* Nov. 28 Nov. 27 Nov. 12 Nov.20 Nov. 26 64* Nov. 32 Nov. 14* Nov 8* Nov. . Sale 32 43 47 46* 43 125 9* 10* 9 A Sale VA 1* 3* Sale 2* „ 4 4* Sale 4* Sale II* Sale 2* Sale 1* 2* Sale 98 45* 48 14 38 52 52 125 8* Sale Sale Sale 127 10 3 * 2* 4 4* gale 3* 4* 8* Sale 2* 2* 3% 99* Sale 48 50* 28 Sale 70 101* Sale 103* Sale Sale 106 ~ " 117 32 1 27 29 20 33 Nov. Nov. 6 8 9* Nov. 7 124* Nov. 103 Sale Sale 103* 107* Sale Sale Sale 48* 48* 48* 56* Sale Sale Sale Sale 80 Sale Sale Sale 105* Sale 99* Sale 106"" 106* 126* 114* Sale 108 88 Sale 89* 105* Sale SO"" "69"" 110* Sale 70 69* 69* 96 Sale 72 73* 99 51* Sale 14* Sale 95 98* 67? 89] 38 Sale 39 49 74 59 3 Nov. 22 7 4* Nov. 27 4 Nov. 8 8* Nov. 30 2* Nov. 6 Sale 75* 59* 95 58 Sale Sale Sale 22 24 Sale 12 67 Nov, 29 Nov, 28 101* Nov 103* Nov 105* Nov 34 Sale 40* Sale 36* Sale 36 Sale 36 Sale 45* Sale 68 £8 69 Sale 91* Sale 55* Sale 75* Sale 96* Sale 96* Sale 67 Sale 1 23 14 26 28 May 29 7* May 22 55* July 26 3 Nov. 25 L2 14* Apr. 14* Apr. 16 Apr. 15* Apr. 14* Apr. 13* Apr. 68 May 21* Apr* Apr. i8* 82 Nov. 23 Mar. 29 9 6 8 6 5* Mar. 26 Apr. 2 Apr. 12 8 10* May 29 118 54 Jan. 2 70 4 Oct. 38 Nov, 18 07* Nov* 19 109* Feb. 26 Jan. 25 38 Nov. 30 18* Jan. 28* Jan. 16 11 38 52 Nov. 30 Nov. 30 29* Jan 11 52 Nov. 30 114* June 12 125 Nov. 15 21 8 June 18 6* * 2* 2* 2* May Nov. May July May May 21 29 21 11 3 6 Jan. 25 Jan. 25 Jan. 3 Jan. 15* Jan. Jan. 15 18 24 21 22 3 8* Nov. 30 1* May 22 1* Oct. 28 Jan. Jan. Jan, 11 31 2 3 3* Jan. Nov. 26 93* May 14 100 67 Mar. 15 55 July 18 6 Oct. 17 26 May 15 14* Feb. 29 2 12* May 22 Nov. 6 Oct. 30 94 Nov. 27 1 107* Nov. 20 Nov, Nov. Nov. Nov. 43 May 99* May 102* May 115 June 71* 25 22 181* 21 27 88* 95* Nov. 58* Nov. 78 Nov. 83* Nov. 82 Nov. 78 Nov. 110* Nov, 109* Nov. 28 Nov. 83 42 53 57 40 Nov. 20 July 18 107* Feb. 48* Jan. 104 33 Nov. 28 4 104 May 23 110* Oct. 101* May 15 108* Nov. 26 Jan. 31 101 May 23 106 97* Jan. 2 102* Apr. 26 Nov. 14 106* Nov. Nov. 28 38* Nov. Nov. 27 46* Nov. 35* Nov. 27 39* Nov. 35 Nov. 27 39* Nov. 34* Nov. 27 39* Nov. 44* Nov. 22 49* Nov. 68* Nov. 29 74* Nov. 57* Nov. 27 61* Nov. 106 91 53* 74* 80* 81* 76* Sale 23 Sale 26 Nov. Nov. Nov. Nov. Nov. 28 27 27 28 104 Nov. Nov. 7 4 107 104* Nov. 2 107 105 6 108 Nov. 100* Nov. 20 101 105 1 106 Nov. Nov. Nov. Nov, Nov. Nov. *11" 104* Sale 75 107" " Sale 67* Sale 67* Sale 67* Sale 90 90* 57 18* 100* Sale Sale 76 82 104* 75 106* 107* 106* 66 67 66* 66 67* 67* 66 68 66* 92 91* 89* 56 59* Sale 21 Nov. 1 107 Nov. 76* Nov. 12 Nov. 27 7 107 Nov. Nov. 27 Nov. 25 Nov. 29 Nov. 7 Nov. 7 18 Nov. 46 95* 43 93 Nov. Nov. 77 72 Nov. Sale Sale Sale 70 73 45* 83* 74* 105* 6 68 Nov. 8 Nov. 8 68 Nov. 8 92 Nov. 26 61* Nov. 14 22 Nov. 13 May 30* May May 53 35 30 30 Jan. 50* Jan. 50* Jan. 50* Jan. 58 Jan. 80* Jan. 65* Jan. June June 30 June 42* May 63* May 52 June 122* — 122* Nov. Nov. 107* 107* 107 27* Nov. 27* 7 71 108 4* 73* Sale 101* May 15 107 8 3 4 3 3 3 4 5 4 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 73 Nov. 108* Nov. 7* Nov. 108 Nov. 106* Nov. 114* Nov. 100* Nov. Nov. 106* Nov. 108* Nov. 73* Nov. 101 Jan. r. 3 4 5- Nov. 14 Nov. 15 Mar. 14 Nov. 27 Nov. 19 Nov. 27 Nov. 19 May 21 113* Feb. 15 100 101* Oct. 17 Sept. 1$ 106* Apr. 6 103* Oct. 100* May 22 107 81, June 10 128* Feb. 17 111* June 11 115* Mar. 25 1 104* June May 8 Feb. 6 92 5 76* June 122 102 May 22 108* Nov. 28 Nov. 19 Nov. 12 103* Aug. 31 107 Jan, 12 55 76* 104* June 11 no* 53* May 28 II* 6 72 53* June 72 1 53* June Aug. 17 97* May 2i 62* May 21 25* Jan. 4 100* II* W*. Oct. 9 82 * May 18 55* June 26 122* Nov. 19 107* Nov. 26 27* Nov. 6 §i* 82 May 21 78 108* May 15 112 102 May 21 109* 15 May 24 28 75 Nov. 29 95* Nov. 61* Jan. 79* Jan. 63 40 30 66* 107* 7* Sale" 107*6 Sale 108 104* 104* 104* 106* Sale Sale 114* Sale 113 113 98* Sale 100* 100* 98* Sale 98* 100* Sale 98* Sale 106 Sale 103* 104 107* Sale 107* 108* 107 69 71 Sale 68* 72 66* Sale 107* Sale May 21 May 21 73* Apr. 18 96 - Sale June 11 May 21 45* Nov. 4 95* Nov. 19 97 98 122 107^ Nov. 19 8 101* 105 43 107 106* Sale 30 Sale Sale 1 16 4 4 1 103* Nov. 27 Nov. 28 19 104 1 110 Nov. Nov. 2 108* Nov. 12 105 Nov. 12 102* ----- 114"" 27 * Nov. 70 Nov. 12 Nov. 1 1 127 127 127 Sale Nov. 113* 114* 113* 114* 113* Nov. 6 113* Nov. 29 Sale Nov. 7 110* Nov. 12 110* 111* 111 Nov. 14 89 91 89 Nov. 6 Sale 90 2 108* Nov. 28 Nov. 106* Sale 107* Sale 106 11 112* 102* 114* Nov. Nov. Nov. 127 125 106* 110* 3* Nov. 20 Nov. 1 5* Nov. Nov. 11* Nov. 3* Nov. 3 Nov. 2* Nov. 13 Nov. 97* Nov. 1 100 Nov. 47* Nov. 2 50 108* 105* 104* 102* 102* 102* 106* 104* Sale 106* Sale 105* Sale 105* Sale 100* 100* 99* 100* Sale 105* Sale 105 93 65* Sale Xl* 2* Nov. 76* Sale 81 82* Sale 14 78 79* 79* 84* 61 77* 76 76* Nov. 8 Nov. 28 110* 110* 110* Sale 110 107 107* Nov. 2 107* 109* Sale Sale Sale 38 52 54* June 11 25* June 6 66* Nov. 28 65* Nov. 30 26* Apr. 3 69* Nov. 13 62* Jan. 16 60 "94"" "99"" 105*. 122 Sale 38* Sale 38* Sale Nov. 15 9* Nov. 8 8* Nov. 27 * Nov. 29 106 > 45* Sale 52 6 125 1 117 105* 106* 106* 107 50 47 Nov. 25 Nov. 7 Nov. 15 Nov. 18 Nov. 2 Nov. 30 Nov. 30 Nov. 30 Nov. 30 47* Nov. 15 46* Nov. 8 27 67 Nov. June 10 6* May 28 8* June 11 7 * June 10 7 June 10 6* May 28 66* Nov. Nov.25 3 3* Sale 3* Nov. 23 4 4* 4* 6* 116 114* 115 H4* Nov. 16 114* Sale 67 Nov. 1 70 68* Sale Nov.19 107* 107* 107* 107* 108 Sale Nov. 18 38 30 30 34* 38 May 28 May 28 June 6 7 27 17 49* May 28 48* May 28 30 15 20 13 55* 25 33 9* Nov. 9* Nov. 11 Nov. 10* Nov. 9* Nov. 9* Nov. 7* Nov. 28 8* 9* 8* 8* Nov. Nov. Nov. Nov. Sale Prices Sale Prices 66* Nov. 28 3* 106* Sale J A 64* 105 O F 8* Sale 7* Sale 9* Sale 8* 9 8* Sale 8* 9 62 63 109* 108* Sale A F 42 104* 106 102* Sale J J 41 108* Sale 106 Sale 89* 107* Sale J Af S 66* Sale 65* Sale 20* 22* 68* 69* 108* 109 105 105* 105* Sale 97* Sale , Gen & ref 5s series C AAdjustment income 5s..Jan 105* Sale Sale -1977 A O ♦AThird Ave RR 1st gold 5s 99* Sale 76* 79* 82* Sale 78 72* 73 71 111* 112 107* 107* 17* 19* 104* Sale 2000 J D Texas & Pacific 1st g 5s Gen ref 5s ser B 13* 16 15 * Sale 1* 2* 5 Sale 4* Sale 8 Sale 7M Sale 14 16 3M Sale 3* 6 95 * Sale -.-I 62* 25 10* 24* 29* 61 1943 J 85 Sale Prices Sale 124 63 1,000 Tenn Coal Iron & RR gen 5s ..1951 4,000 Term RR Assn of St Louis 5s...1944 Gen ref s f gold 4s 1953 69,000 94,000 Texarkana 8c F S Ry 5Ms A guar 1950 ..1959 89,000 Texas Corp 3s debs 3s debenture ......—.1965 AfN 550,000 Texas 8c N U cons g 5s 115 O 162,000 15-year 2*s debs—....—..1953 145,000 Studebaker Corp conv deb 6s. .1945 32,000 Superior Oil 3*s debs....—..1950 ....1950 AfN 96,000 Swift 8c Co 1st M3Hs> 10,000 35,000 123,000 76,000 62,000 38,000 325,000 25 32 32 FA 15* Sale Highest Sale Prices „ O D M 5 F A Sale 9 6 J J 10* Sale 10* Sale 9* Sale 3* J A J Sale 9 70 A F J 9* Sale 9 M 5 J J F A 65* 25 Sale 43 ?jjg J M"§ 69 39 34 A J J 22* 65* Sale J F .1945 US 37,000 Southern Bell Tel & Tel 3*s—1962 3s debentures ...—......1979 343,000 4,000 Southern Colorado Pow 1st g 6s. 1947 92,000 Southern Kraft Corp 4*s —1946 11* Sale 11* Sale 10* 11M D J AOertificates of deposit 33,000 A68-series B ctfs of dep ..1935 798,000 Shell Union Oil2*s debs ...1954 25,000 Shinyetsu El PoW 1st 6*s.*—.1952 ASiemens 8c Halske deb 6*s 1951 16~005 ASflesia Elec Corp 6*s ...1946 209,000 Silesian Am Corp coll tr g 7s 1941 "63"" J — 265,OOP {ASeaboard Air-Fla 6s A ctfs—1935 25 J gnar g 43.—-1989 {Seaboard Air Line Ry— *Alst g 4s unstamped... 1950 A O ♦AStamped 4s 1950 A O AAdjustment 5s..—.....Oct 1949 F A ♦ARefunding g 4s 1959 A O Alst & cons 6s series A AOertificates of deposit. t* AAtl-Birm Div 1st g 4s May 1933 Sale MN J J MN 5,000 Sclo Vail 8c N E 1st 7,000 106,000 95,000 99,000 21,000 372,000 EN Sale 64 55 Highest Lowest Lowest Nov. 30 Ask Bid Bid JAN. 1 RANGE SINC PRICES IN NOVEMBER Price BONDS 29 EXCHANGE—BONDS Oct. 15 75 Oct. 110 92* 92* 101* 104* 58* May May May Aug. June June Apr. 8 Apr. 8 Oct. 31 Nov. 29 99* Mar. 27 125 121* Aug. May 25 108 14* Apr 13 27* 13* Feb 16 21* 60 Jan. 11 10 11 5 8 66* Mar. 20 95* Nov. 19 104 105* May 7* Nov. 107* Oct. 100* May Jan. Jan. Jan. Jan. Jan. 5 Nov. Oct. 6 3 99* Aug. 109 9 23 Jan. Jan. 1 10 Jan. 20 112* Feb. 15 106* Nov. 25 115 Feb. 13 100* Nov. 15 101 Nov. 26 106* Nov. 15 108* Nov. 26 77* Apr. 3 Sale* >r> EXCHANGE—BONDS N. Y. STOCK 30 | Value N. Y. STOCK Jan. 2, s| EXCHANGE 308.000 United Drug Oo (Del) 5s U N J RR & Canal Co gen 4s_. United States Steel Corp— Serial debentures— 1953 M 8 1944 M Ask , .75s!- 10,000 ~ 2 ,000 15,000 4,000 6,000 5,000 12,000 11,000 3,000 10,000 2,000 1.50s! - 1.75s 1.80s 1.85s 1.90s 1.95s 2.00s 2.05s 2.10s - 2.25s 2.30s 2.35s 2.40s 2.45s 2.50s 2.55s ~4",666 - 2.60s 2.65s Sale 86}* 100 MN MN 100}* 1003* 100}* 100}* 1005* 101}* 1013* 101}* 101}* 1015* 101}* 1 1944 MN 1 1944 MN 1 1945 MN 11945 MN 1 1946 MN 1 1946 MN 1 1947 MN 1 1947 MN 1 1948 MN 1 1948 MN 1 1949 MN 1 1949 MN 1 1950 MN 1 1950 MN 1 1951 MN 1 1951 MN 1 1952 MN 1 1952 MN 1 1953 MN 1 1953 MN 1 1954 MN 1 1954 MN 1 1955 MN A 1951 J D 14 J J 22 H 14 J J 22 H 14 June 1 1105* Jan. 23 24 M S M S J J A O M S Sale 61 48 1023* Nov. 13 103 103 103}* Nov. 3 O M S 363* Nov. 6 3554 Nov. 26 363* Nov. 1 Sale 109 833* 59 Sale till Sale 88 64 665* 107 Sale Sale 13}* Sale 26 Sale 46 Sale 1154 55* 14 40 44 F 4}* 45* A 7% Sale Q 4}* 4}* 4}* ^ Sale Sale 5 104^ 105}* 106 Sale 80 78}* 35 91 Nov. 22 Nov. 1 Nov. 23 111}* 111}* 1095* 110}* 109}* Nov. 26 111}* Nov. 20 Nov. 8 46 48 4654 Nov. 20 49 Sale 5 36 102}* Nov. 20 1025* Oct. 79 78}* 805* 53* Sale 102}* Nov. 19 1023* Oct. 25 9 1025* Oct. Nov. 27 103 Nov. 25 103 103}* Nov. 30 47 Nov. 12 155* Nov. 29* Nov. Oct. 11 103}* Oct. 23 103 355* 36}* 34}* 363* 35 Apr. 4 11 41 Jan. 19 9}* July 9 5 90 Jan. 46 Nov. 12 9 5* Jan. 95* Jan. 2 95* Jan. 95* Jan. 101}* May 15 106}* Jan. 3 4 Nov. 28 Nov. 1 4 Nov. 19 Nov. 45* Nov. 1 Nov. 43* Nov. 12 Nov. 25 17 13 38}* Sept. 11 4 93 295* Nov. 1 51 May 7 13}* Feb. 27 Nov. 28 55* Nov. 4}* Nov. Nov. 30 20 5 30 24 9 Jan. 1 Nov. 12 31 20 30 82 Oct. Sept. Nov. Apr. Oct. Oct. May 48 Jan 2 23 5 June 25 1 Nov. 31 6 10 1 4 105}* Oct. 1 109}* Sept. 30 109 10 111}* 40 Jan. 23 51}* 76 May 29 805* 54}* June 19 68}* 102 May 21 1095* Nov. Nov. Nov. 24 Oct. Nov. 4 29 Oct. 93 5* Jan. 2 Nov. 12 1 Oct. June 305* June Nov. 104 3* Nov. 28 Nov. 27 105 12}* Nov. 4^ Nov. 26 109 107 6 36 5* Nov. Nov. 423* Nov. 4}* Nov. Nov. 18 104 Nov. 5 Nov. 15 103 103}* Nov. 29 1035* Nov. 23 123* Nov. 3 }* 4}* 4 43* 104}* 1045* Sale 78}* 79 675* Nov. 16 8 Nov. 22 1085* Nov. 42}* Nov. 125* Nov. 27}* Nov. 45 6 Nov. 28 95 26 Nov. 28 103 May May 90 M S Nov. 18 Nov. 22 102 102 3* Nov. 26 101}* Nov. 27 1 102}* Nov. June 12}* 7}* 42}* J 4 104 15 29 23 96 45 J 30 1015* Nov. 13 1003* July 1005* July July 100}* Aug. 100}* July 100}* July 100}* July 100 July 1003* July 100}* Aug. 1003* July 100}* July 100}* Aug. 100}* Aug. 102 Sept. 99}* July 100}* July 101 Aug. 1005* July 100 July 18 May 20 July 20 July Oct. 33 20}* July 20 Apr. 100 84 67 445* 15}* 295* Nov. 27 Nov. 25 103}* Nov. 103 Nov. 103}* Nov. 1035* Nov 1005* Nov. 23 100}* Aug. 12 1013* Nov. 28 July July July 7 104}* Nov. 28 Nov. 27 4 105 62}* Sale A Nov. 28 19 102}* Nov. 19 35 107 }* 1075* 107 Sale F 12 103 355* Nov. 25 80 62 }* Sale MN 18 1023* Nov. 20 18 1023* Nov. 18 1 45 83 108}* 27 101}* Nov. 27 1 102}* Nov. 1 35 Sale 109 }* 110 31 55 100 Nov. 13 19 101 22 102 Nov. 22 26 102}* Nov. 26 4 1105* 100 Nov. 28 100 35 109 1955 F A 1957 MJV 108 1661* Nov. 23 28 101 Nov. 35 1003* Aug. 12 100}* Aug. 12 Oct. 19 1003* Aug. 12 1003* Aug. 7 1003* Oct. 19 101 88 Nov. 91 Sale 87}* .88}* 104 M 1045* 103}* Nov. 103 5* Sale 104}* Sale 10454 Sale 1035* Nov. 20 Sale 102 H Sale 103 3* Sale A .... 903* Oct. 753* May 21 100 100 100}* 100}* 101 LVU Xi 100}* 100}* 101}* 1005* Nov. 23 30 25 90 A l*AWabash RR 1st gold 5s. 1939 289,000 * a Second gold 5s 1939 111,000 Alst lien 50-year gold term 4s 1954 7,000 ADet & Chi ext 1st g 5s 1941 6,000 *ADes Moines Div 1st g 4s-_l1939 19,000 AOmaha Div 1st g 3}*s 1941 66,000 aToI & Chic Div 1st g 4s— 1941 9,000 1 AWabash Ry ref & gen 53*s A__l975 113,000 ARef & gen 5s (Feb '32 coup) B '76 247,000 ARef & gen 43*s series C 1978 298,000 ARef & gen 5s series D 1980 202,000 Walker (Hiram) G & W deb4}*s 1945 22,000 Walworth Co 1st mtge 4s 1955 202,000 6s debentures. 1955 10,000 89}* Nov. 15 108 101}* 1015* 1025* 1013* Nov. 101}* 1015* 1025* 101}* Nov. Nov. 102 101}* 102 103"" 1023* Nov. 1015* 10154 101}* 101}* Nov. 1015* Nov. Sale 10154 101}* Nov. 102 102}* 1023* Nov. 102 102}* 1025* 1023* Nov, 102}* 1025* 1025* 1023* Nov. 102}* 102}* 1025* 1025* 101}* 102}* Nov. 1015* 1025* 102 5* 103 Nov. 102 102 Sale 102}* Nov. 1015* 102}* 1023* 103" 103 Nov. 103 102 103 103}* Sale 102}* Nov. 102 1023* 103}* 103}* Nov. 1023* 1025* 103 1025* Nov. 103}* 102}* 103 102 1023* 1035* 103 3* 103}* Nov. 102 103}* 103 54 Nov. 103 1035* 355* Nov. -49" 37 34}* Nov. 37 36}* 35}* Nov. 36 5* Sale 22}* J Virginia Elec & Pow 3 3*s ser B..1968 22,000 Va Iron Coal & Coke 1st g 5s—1949 10,000 Va & Southwest 1st guar 5s 2003 First cons 5s 1958 -"9,666 Virginian By 1st & ref 3 5*s ser A 1966 163,000 Sale Prices Sale Prices Sale Price 6 100 100 MN Vandalia consol g 4s A Consol 4s series B Sale Prices 843* Nov. 100 1 Highest 100 MN 3,000 AUnited Steel Wks g 6}*s str 16,000 a3 }*s ser A assented 1951 8,000 a6}*s series C 1951 4,000 a3 }*s ser C assented 1951 ASinking fund deb 6}*s ser A 1947 "5,666 a3 }* s ser A assented 1947 2,000 United Stockyards 4 Ms w w 1951 70,000 Utah Light & Trac 1st & ref 5s—1944 128,000 Utah Power & Light 1st 5s 1944 217,000 Ask Sale Lowest Highest 99}* 100 }* 99}* 100}* 1003* 1003* 100 MN 1943 —May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May 1.625s 2.20s 88 107 % MN 1941 1941 1942 1942 Ask Bid Bid Sale —— ,,-Nov 1 1943 .8758 1.00s 1.125s 1.25s 1 376a 2.15s 10,000 7,000 7,000 0,000 23,000 4,000 27,000 1 1 1 1 1 May Nov May Nov May 60s 625s 805* 109}* Lowest Nov. 30 1 Nov. 1940 Bid RANGE SINCE JAN. PRICES IN NOVEMBER Price bonds November 3 3H Nov. 20 Nov. 19 May 23 6354 May 17 56 2 9 82 Nov. 12 93 Nov. 25 _ S 34 1,000 Wash Cent Ry 1st g 4s 2,000 Wash Term 1st guar 33*s 6,000 -5",000 1st 40-year guar Westchester Light Gen mtge 3 ^s M debs—1948 4sr gold 5s 1948 1945 n 1945 Maryland 1st g 4s D 1950 1967 J 32 56 - - Youngstown Sheet & Tube— Convertible deb 4s 1st mtge s f 4s series O • J 126H --108 3* 109 J* 11851 Sale 108}* 109 1265* 108}* 114}* 110}* 102}* Sale O Sale 185* M S M S Sale MN Sale J D Sale M S Sale 15 J J J J Sale J Sale J M S F Sale- A Sale 1045* Sale Sale Sale 85* A J D J Sale O J 110 entirely Dec. 27 at 105. a entirely, Dec. 1 at 1013*. / f The price represented Is the dollar quotation per 200 pound unit of bonds. Accrued interest payable at exchange rate of $4.8484. 78 16 61 Nov. 26 61 Nov. 26 108}* Nov. 103 Nov. 1 127""Nov."27 Nov. 12 109}* Nov. 25 Nov. 1 115 Nov. 12 Nov. 1 111 Nov. 19 Nov. 7 1043* Nov. 27 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 92}* Nov. 22 107$ Nov. 28 Nov. 1 Nov. 7 4 \f' Nov. 79 Nov f?* Nov. 14 14 Nov. 15 273* Nov. 7 53 5* Nov. 22 50}* Nov. 14 Nov. Nov. Nov. Nov. Nov, 115 Nov. 27 106 }* Nov. 27 15 Nov. 6 Nov. 115 Nov. 27 Nov. 22 Nov. 30 Nov. 19 Nov. 28}* Nov. 19 1065* 1025* Nov. 25 Nov. 8 Nov. Nov. 7 Nov. Nov. Nov. 104}* 104}* 1043* Nov. 104}* Nov. companies month, and Nov. 26 37 May 10 70 Feb. 1 1105* Nov. 27 110 Nov. 6 1 105}* Nov. 1 104*»j Nov. • The following during the current only transactions of in years not Included 5 106}* June 22 109}* Apr. 108 H May 22 109}* Feb. June 120 5 128}* Apr. 1043* May 28 110}* May Jan. 1 120 114}* Nov. Mar. May 15 112 98 May 31 1043* Nov. 72 May 27 79 June 107 92} 105* May 50 May 535* June 51 May 10}* June 7 1 4 22 79 Nov. 14 liH Nov. 14 10 22 11 5 10 7 3 50 3* Nov. 14 May 14 Nov. 27 Oct. 31 Apr. 4 Nov. 27 Nov. 22 6 115 May 21 Nov. 15 27 M Nov. 54}* Oct. 110}* June 12 116}* 965* Jan. 29 106}* 155* 9}* May 28 100 H May 29 1065* 96 May 28 1025* June Feb. Feb. May 23 4 Nov. 22 Jan. June \lH 15 27 185 32 Feb 18 6 17 21 35 110 8 3 20 Nov. 28 3 101 Oct. 18 108} 18} 105* June 11 30 3* Oct. 293* Oct. 24 Apr. Apr. 5 5 June 10 105* 9 4 May 29 106 May 15 1105* 107}* June 10 110}* 14 6 Sept. 9 24 Nov. 27 Apr. Apr. 12 12 4 101}* May 28 1095* Jan. 101 May 20 1065* Apr. 26 cash month sales and transacted were are not Included in the monthly or yearly range. Marion Steam Shovel Deferred delivery sales, current 6 1085* Nov. 15 "55* 104}* Sale 104}* Sale Nov. 18 58 Sept. 5 May 18 June 60 127}* 104 915* May 28 31 915* Nov. 28 6s 1947, Nov. 18 at 95. Prussia^3*s 1951, Nov. 28 at 31. range n r * Nov. 26 Nov. 19 1093* for the Nat'l Acme 4}*s, 1946. 58 32 IIIII 1265* 1085* Sale 1145* 115}* 1143* 110}* 110}* 111 Sale" 109 Sale Sale 103 4 Nov. 4 Nov. 19 43 1 Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act. or securities assumed by such 1 The following bonds have been called redemption, either entirely or partially: 1085* 55* 1948 M S 109}* Sale 1961 MN 1055* Sale Bonds selling flat. Industrial Rayon 4}*s 1948. 645* 65 853* Nov. 32 16654 1013* 101}* 1023* 103 115 114}* 1123* 28 "29~5* 28 29}* Sale 28 275* 16}* 30}* 16}* 6 6 6}* Sale 8 6 7 5}* 7 }* 9}* 109 % Sale 109}* 1093* Sale 109}* 104 3* 104}* Sale MN 915* Sale 40 905* 92}* Sale 90}* Sale 95}* 100}* 101 955* Sale 1073* 10854 107 1075* Sale 1254 13}* 125* 145* 13}* 13 5* 123* 13 5* 125* 13}* Sale 74 705* Sale 71 733* 77}* Sale 75}* Sale Sale 76 735* 75 H Sale 27 27 H Sale 27 "52 H Sale 56}* Sale 52 Sale 48 48 50 48}* 115 114}* 114 105}* 1055* Sale" 1063* Sale 145* 145* Sale 1055* 106}* VOQH 1065* 105}* Sale J A Negotiability Impaired by maturity. k 42 1085* -- 30,000 57 30 43}* Sale 108 O 1952 761,000 First & ref 5J*s series A 1977 445,000 Western N Y & Penn gen 4s 1943 31,000 jAWestern Pacific 1st 5s ser A..1946 87,000 |AsS6Ilt6d 140,000 Western Union Teleg 4}*s gold.I960 284,000 Gold 5s 1951 407,000 Gold 5s 1960 614,000 AWestphalia Un El Pow 6s__.—1953 36,000 West Shore 1st 4s guar 2361 178,000 Registered 2361 30,000 Wheeling & L Erie RR 1st con g 4s '49 13,000 Wheeling Steel Corp 43*s ser A. .1966 268,000 1* AWilkes-Barre & East 1st gu g 5s'42 85,000 Wilson & Co 1st M 4s ser A 1955 48,000 Conv debentures 3 5*s 1947 45,000 Winston-Salem S B 1st 4s 1960 1,000 t AWisconsin Cent 1st gen g 4s__1949 ACertificates of deposit--. 466-,000 ♦ 11,000 ASup & Dul Div & Ter 1st 4s.1936 ACertificates of deposit 88,000 Wisconsin Elec Power 3}*s 8,000 1968 1961 24,000 Wisconsin Public Service 4s 47,000 tAWorces & Conn East Ry 45*8.1943 247,000 91}* Sale 36 34 75 —— A 21,000 West Penn Power 5s series E—1963 M S 16,000 1st mtge 33*s series I 1966 J J 35,000 West Va Pulp & Paper 3s 1954 J D 14,000 Western 86 Sale 85 112,000 t a Warren Bros Co. deb 6s 1941 M S 621,000 Warren R R 1st ref gu g 3}*s—2000 F A Warner Bros Pictures 6s Under the rule sales, only current month r Cash sales, Ex-interest. of th« surreal year's range. only transactions month, and not included in s »ransactions of the and not Included In year s rangs z The following odd-lot sales were transacted during the current month, and are not included monthly or yearly range: in the Treasury 35*s 1941-43. Nov. 25 at 101.31. Treasury 2 5*s 1951-54, Nov. 22 at 110.4. ! V New York Stock Exchange MONTHLY AND YEARLY RECORD _r RANGE OF STOCK PRICES DURING NOVEMBER Stock Sales 1940 Bond Sales 1939 1940 1940 1939 $159,006,000 1,458,201,000 $151,685,000 1,869,983,000 ■ November _Shares_ 20,887,311 189,203,091 Jan. 1 to Nov. 30__ 19,225,036 244,256,186 In accordance with a rule of the Stock Exchange. effective Oct. 3, lots except In the case of stocks which seii only In a small way November Jan. 1 to Nov. 30 1915, an stocks are now quoted dollars per share. Prices are on a basis of 100-shax# NOTICE—Cash and deferred delivery sales are disregarded of outside the In the month's range, unless they are the only transactions of the month, and when selling 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 PRICES IN NOVEMBER STOCKS In November Shares 310 10 5,100 23,800 1,100 2,600 45,000 5,900 100 72,900 16,200 23.300 7,300 3,000 55,700 10 6,900 11,700 800 7,600 45,900 1,200 34,500 4,000 2,200 500 11,900 12,500 25,900 18,100 390 ' 7,700 11,600 240 18,300 22,200 800 40,500 15,500 11,700 400 1,400 20 2,600 5,600 2,500 330 5,100 500 8,700 7,000 4,000 1,4001 61,200 13,200 2,800 4,900 4,500 1,100 16,700 700 100 30,200 12,400 8,800 6,400 17,300 1,100 770 75,300 11,100 12,600 106,100 270 125,800 7,570 7.600 5,400 3,150 50,700 1,700 2,100 60 41,700 7,000 2,400 11,300 4,200 1,200 31,400 9,900 17,200 1,400 26.000 106,300 900 25,300 31.900 64,100 1,500 354,000 3,240 3,300 50 —— - 411.500 105:900 149,900 4,100 Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 55 X Nov. 53 Nov. 6 2 118X Nov. 25 120 X Nov. 29 Nov. 6 Nov. 2 Nov. 22 Nov. 1 71 X Nov. 27 4X Nov. 1 Nov. 27 10 Nov. 8X Nov. 28 18^ Nov. 6 22 X Nov. 27 79 Nov. 27 10 Nov. 26X May 10 Nov. 27 12 X Apr. 16 Apr. 9 8X May 15 14 June 5 4X May 21 55 May 28 21X May 22 Jan. 25 16 X Apr. 23 9 X Jan. 2 73 X May 8 41X Jan. Jan 4 Nov. 26 Jan. 9 Apr. 22 ! Apr. 5 Jan. 4 Apr. 15 Apr. 9 t Jan. 3 June I May 3 May May Jan. 3 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. , 2X Nov. 4X Nov. IX Nov. 16 X Nov. 4X Nov. 13 X Nov. 41X Nov, 5X Nov. 33 Nov. 56 Nov. IX Nov. 22 X Nov. : 4X Nov. 13 Nov. 48 X Nov.: 17X Nov. 87 X Nov. 13 X Nov. Nov. 3 22 X Nov. : 110 Nov.' 25X 4X 55 X 48 X * 8 100 Nov. Nov. Nov. Nov. Nov. : rl6mNov.! 18 MS .-Jov. 74 X Nov. 7X Nov. 10 X Nov. 36V* Nov. 48X Nov. June 28 Oct. May May May May May May May i May i May May Sept. May ! ' July * 18 Jan. 29 Nov. 29 May 10 Nov. 15 Jan. Nov. 3 4 May 9 Feb. 23 Apr. 4 Jan. 5 Apr. 18 Mar. 25 Mar. 8 16 iuue Apr. May May : May : May May May May May May May Jan. Jan. 8 Jan. Jan. 4 fune 8 8 May 3 Apr. 23 22 Apr. 3 Apr. Apr. 1 Mar. 29 fan. 6 Sept. May i May : May : Aug. 24 Apr. 27 fan. Nov. 3 1 May May May ; 3 121 July Jan 3 June May May ; May ; May ; Jan 4 Mar. 20 Mar. 19 Mar 7 Jan. 5 Jan. 8 Jan. 8 Jan. 4 June Mar, 4 May Nov. 9 8 May 1 Nov. Oct. Mar. Feb. 23 Nov.: May 1 May May I May ! Apr. Apr. Apr. 15 11 15 Nov. Nov.; Feb. 9 150^ Nov. May ! May I Jan. 3 Apr. 12 Jan. 100 5 147 25 6% preferred-—--—--100 56 5 Feb. Feb. 23 23 Mar. 13 Mar. 12 Apr. Apr. 15 9 I Nov. 14 25 173,400 6% preferred .100 18,100 10 130,900 American Type Founders ---------- Oct. - • Jau. $6 1st preferred-----* 10,800 * 310,500 American Woolen--Preferred 100 188,700 Amer £iuc Lead A Smelt... 1 333,400 ii prior conv pref ._..2o 7,800 2,022.900 Anacouda Copper Mining—-50 Anaconda W ire A Cabie * 17.440 4 Apr. 15 Apr. 23 Nov. 14 Nov. 14 Nov A pr. 9 8 Mar. Glass Corp 12.50 div preferred. * g 18 Apr. . 8 Aug. 23 For footnotes see page 40. - 8 Jan. 8 Jan. 3 Jan. 4 Sept, 25 79 182 10 8 Jan. 4 Jan. 2 Mar. 11 Jan. IX 14 X 12 X 22- 10 135 X June 3 Apr. Mar. 26 7 June Nov. American Snuff-—.—-. *o 6X June 11 77 June 8 ———* Wks A El June 22 61 Nov. * ------ 4 5X June 10 4^ May 21 7 - Ma y 21 15X May 21 Nov. Nov. ---100 Light—. X June May May May May 12 .... ----- 10 May 21 May 21 X June Jan. 9 27X 19 X 58X X June 124X Nov. 50 — 15 X June 10 Nov. 115 Foundries.--* 65!000 American Stores ---------* 13[800 American Stove Co * 85*600 American Sugar Refinlng.-lOO 23 800! Preferred 100 14*500 Amer Sumatra Tobacco .._* 371J00 Imer Teiep A Tel eg — luO 76:,300 American Tobacco.—— 25 2 740 12 2 22X Nov. Rolling Mill--—-.25 4X% conv preferred---. 100 Amer Safety Razor -18.50 American Seating Co -_-.-* American Ship Building--—.* Amer Smelt A Refining .-_* 38*100' Anchor Hock Nov. 27 Nov. 19 65 American Wat 79 31X Nov. ------* Preferred Vm Nov. 8 Nov. 1 Nov. 8 Nov. 8 Nov. 16 Nov. 8 184 399,200 Amer Steel 675,700 67X X 12 X 10X 20^ 25 X 4 28 5 1X Nov. 95X Nov. $6 preferred——---——* $5 preferred.—* Am Radiator A Stand San—* B 60 8X Nov. 100 97,300 Am Mach Sc Foundry---—---* _* 43,900 Amer Machine A Metals Class Nov. 27 21 70X Feb. 14 Feb. 8 22 147 22 46X Apr. 5 Nov. 8 25 60 39 X Nov. 133 Nov.: — Preferred 72 49 American Hide A Leatner— 1 9J/0 couv preferred ---50 66 300 Amer Home Products 1 100 200 American ice * 31J25 0% preferred 100 91 200Ajmer International Corp-—-* 2 1001 Amer Invest Co of Illinois--.-1 American News Co 36 10X Nov. 11*400* Amer Power A 4X 16X 12X 163X Nov. 22 43X Nov. 8 X Nov. 13 18 178 700 Metal 34 X 1 65 * 449,800 Am Hawaiian Steamship—.10 6% preferred-- 8 May May May May May June June IX Nov. 16 X Nov. 51X Nov. $6 preferred American Nov. 6X Nov. 22 X Nov. 22 18 * *190l Am Coal Co of Alleg Co N J-25 46.2301 American Oolortype 10 54,600 Am Com Alcohol 20 51.700 Amer Crystal Sugar Co 10 2,850 6% 1st preferred —100 54,600 Amer Encaustic Tiling-1 4,300 Am European Securities _* 109 600 Am & Foreign Power * 94,000 17 preferred ♦ 38,300 2d preferred A * 102,500 3,300 13,020 530,300 110,100 148,900 1,036,300 2,230 565,200 38,320 65,200 41,065 38,830 354,900 16,600 19,500 1,180 6 Nov. 166X Nov. 28 17A 10 X Nov. 28 10X Nov. 9 13 X Nov. 12^ Nov. 1 8 8X Nov. 7 7X Nov. 6 72 X Nov. 6 73 X Nov. 25 33 X Nov. 28 39 Nov. 7 Alpha Portland Cement * Amaigam Leather Cos. Inc 1 6% couv preferred. 50 Amerada Corp ——* Am Agric Chemical (Del)——* V. uericau Airlines Inc 10 American Bank Note.——10 6% preferred—.——.50 American Bosch Corp. — -1 Am Brake Shoe Si Edy———* 5^% conv preferred--—100 Amer Cabie & Radio Corp—-1 American Can ------25 Preferred ------100 Amer Car Si Foundry * Preferred 100 American Chain & Cable----* 5% conv preferred 100 5% conv pref 8,800 Amer Locomotive 270,300 Preferred 73,900 6 Nov. 60 5 X Nov. 25 21X 15X 40^ X 50 110 30 37 Nov. 6 Nov. 28 37 51 17 300 American Chicle. 52 400 1 Lowest Par 46,500 Abbott Laboratories— * 1,080 4X conv preferred .--100 * 470 Abraham & Straus 29,500 Acme Steel Co—-----25 175,300 Adams Express —* * 31,100 Adams-Miflis-29,800 Addressograph Multigraph-.lO 340,100 Air Reduction Inc -—* 24,200 Air-Way Elec Appli Corp * 130 Ala & vicksburg Ry Co—-100 276,400 Alaska Juneau Gold Mln—10 199,800 Allegheny Corp * 259,900 Pref series A $30 warr'ts-100 62,200 Pref series A $30 ex-war-100 56,300 $2.50 prior conv pref * 454,600 Alleghany Ludl'm Steel Corp * 120 Alleg & west Ry 6% gtd—100 53,600'Allen Industries Inc 1 126,300 Allied Chemical & Dye—-—* 10,100 Allien Kid Co 5 134,200 Allied Mills Co Inc * 385,800 Allied Stores Corp * 13,600 5%preferred —100 343,400 Allls-Chalmers Mfg --——-* 28,400 34,100 6,600 54,900 45,600 418,600 114,600 6,900 161,400 68,500 2,880 72,200 146,400 13,600 RANGE SINCE JAN. N. Y. STOCK EXCHANGE Jan. 1 Shares 8,000 Since I 5"- "3 N. Y. 32 STOfcK EXCHANGE—STOCKS aggregate SALES In November 1940 68,000 17,200 100 12,900 2,900 6,000 17,600 400 700 200 1,490 90,800 12,600 27,900 5,200 3,300 26,400 600 22,700 3,900 2,500 320 2,700 4,600 1,690 119,100 46,100 2,001,600 66,700 38,000 40,300 238,200 16,400 1,230 1,470 1,090,200 93,900 5,440 6,600 60,400 291,700 408,000 10,900 49,800 93,100 319,100 455,400 10,300 26,700 309,700 Brewing Corp of America. ..3 Bridgeport Brass Co * Briggs Manufacturing * Briggs & Stratton.--.* Bristol-Myers Co 5 Brooklyn & Queens Transit--* 1,050,900 301,100 113,900 40,800 11,620 83,900 21,400 450 3,790 258,100 105,600 33,900 3,700 630 10 2,600 - 100 74,600 —1,900 800 450 3,100 8,500 29,900 10 560 800 62,900 6,500 600 6,900 200,700 8,500 4,800 4,400 33,700 2,500 250 140 155,400 7,700 710 400 1,400 29,200 43,600 500 2,800 7,800 35,200 72,800 1,900 3,300 14,500 68,800 18",400 200 15,000 52,700 690 61,000 5,750 61,100 13,700 13,100 9,400 31,900 10,300 690 5.200 2,600 10,500 16,400 1,450 6,500 8,100 100 40,600 40,300 8,500 35,900 80 75,000 2,300 500 300 380 5,300 6,300 12,300 490 24,100 38,400 2,850 16,900 220 7,800 17,000 530 2,800 5,200 100 861,500 95,300 8,700 1,193,500 Bklyn-Manhattan Transit—- ♦ 50,800 $6 preferred series A— * 112,900 Brooklyn Union Gas * 4,600 Brown 8hoe. Inc.. —* 155,600 Brunswlck-Balke-Collender.. . * 208,900 Bucyrus-Erie Co— 5 4,190 7% preferred 10U 313,700 Budd (E G) Mfg --* 34,770 355,900 164,600 75,200 264,400 223,600 137,400 Preferred 7% Budd Wheel Bullard Co Bulova Watch Burlington Mills Corp Burroughs Add Mach__ Bush Term Co— Bush Terminal 11,030 59,500 19,900 135,400 90,700 8,640 32,800 115,000 1,100 262,000 292,900 152,200 536,600 100 —* * * 1 * —1 100 10 30 5 * 100 —* * 50 Callahan Zinc-Lead... -1 Calumet & Hecla Cons Copper 5 Campbell W & O Foundry * Canada Dry Ginger Ale 5 630 Canada" Southern Ry Co 100 616,600 Canadian Pacific Ry 25 21,700 Cannon Mills. * 12,100 Capital Admin Co Ltd cl A—1 4.530 $3 preferred class A 10 2,760 Car Clinchfield & Ohio Ry--100 61,000 Carpenter Steel Co .—5 47,300 Carriers & General Corp 1 57,600 Case (J I) Co.. .100 3,960 7% preferred ...100 196,600 Caterpillar Tractor.. .* 691,400 Celanese Corp. of America * 29,940 7% prior preferred 109 298,400 Celotex Corp * 2,890 5% preferred 100 64,800 Central Aguirre Associates * Central Foundry Co 1 Central 111 Lt4%% pref.—100 18 200 tOentral RR of N J .100 54.100 Central Violeta Sugar Co...... 4 600 Century Ribbon Mills-......* 530 Preferred 100 For footnotes see page 40. Bid a13,* 12% Sale 32% 2 Sale Sale Sale 110 5 52 40 Sale 109 108 Sale 5% Sale Sale Sale 52 40 Sale 58 Sale 105* 9% 101 % 8% 74 *33% Sale 8% Sale 5% Sale 93 36% 94% 37% 95% 87 36 17 Sale 93 Sale Sale Sale Sale 13% Sale Sale 106% 108 7% Sale Sale 123% 64% 65% 112% 120 7 6 ,P Sale 2 18% Sale 20 Sale Sale 4 Sale Sale Sale Sale Sale Sale Sale 5% Sale 8% Sale Sale Sale Sale 46 Sale M 6% 2% 17% 4% i Sale lH 33% Sale" 20% Sale Sale 52 Sale Sale 89% Sale 127% Sale 24% Sale Sale 19% 10% 20% 12% Sale 17% 56% 85 Sale Sale 17% Sale 32% Sale Sale 110 Sale 55% 58% 25 23% 19% Sale 20% Sale 1% « V* 36% Sale 23% Sale Sale aVA Sale Sale 39 Sale it* , 113% Nov. 23 Nov. 106% Nov, „ 21 Sale Sale 56% 1 125 1 19% 20% Sale 1% 36% 35% Ay° Sale Sale 12 37% 42% 2% 4% Nov. 13 11% Nov. 6 23% Nov. 6 42 Nov. 1 Nov, 28 32% Nov. 22 x5% Nov. 26 Sale 13 31 Sale 31 23% 9% 10% Sale 107 114% 108% 109% 113 5% Sale 4% 5% Sale Sale 6% Sale Sale Sale !!* Sale 35% 30% *18% 8% 3% 17 Sale Sale 7% 2% Sale Ay* 7 59 6% 31% 30 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 30 Nov. Nov. 8 13% Jan. 36% Apr. 115% Mar. 35%Apr. 112>f Apr7 May 32% Oct. June 105 29% May May 127 57 Nov. 36% 22% 56% 39 93% 22% May Nov. 63% Ma 109% Ma 14 May 15 May 5 % May 13% May 11 May Nov. 54 Nov, Nov, Nov, Nov; Nov. 134 8 Nov. Nov. Nov. Nov. Nov. Nov. 9 12 13 12 1 23 4 6 19 6% 72% 8% Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 36 Nov. 9 113 29 1 Sale Sale Sale 12% Nov. 30 27 23 28 June 7 Jan. m 97 8 35% Nov. 15 18% Nov. 7 9 Nov. 4 3% Nov. 12 May May May 3% May Sale Sale 15% Sale Sale 20% 19% Sale A* 12 5 Sale 4J Sale 81 15% ■ 77 Sale SB 10% Sale Sale 12% 19% Sale 19% Sale Sale m 52 Sale iWs Sale Sale Sale Sale a\y* Sale Sale Sale 19% 80 54 51 Sale 13% Sale 1% 7% 14% 13% 37 36 40 Sale 3% 39 4% W* 90 Sale ■ 40 Sale 39% Sale 39% Sale 31% Sale 3% Sale 59 Sale „ 3% 38% 3% 39% 89 Sale Sale Sale 40 4% 42 90 29% Sale 3 61 Sale Sale 120 114 Sale- 119 47% 28% 118% 7% Sale 48% Sale 28% Sale 119% Sale 61 Sale Sale Sale 62% Sale 18% 2% Sale 113 2% tale 6 Sale 2% 82% 101 7 67 Sale 72% 17% 17% 2% Sale 113% 113% 3 5% Sale 3% 2% 91 100% 5 Nov. 1 19% Nov. 1 4 9 Nov. 6 Nov. 20 16 5% 20 4% 10% 82 75% Nov. 1 12 1 14% 6 21 19 51% 1% 6% 13% 13 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 38% 3% 38% 3% 39% 89% 29% Nov. 3 Nov. 55 Nov. 112% Nov. 46 Nov. 26% Nov. 118 Nov. 6% Nov. 61 Nov. 17% Nov. 2% Nov. 113% Nov. 2% Nov. 5% Nov. 2% Nov. 28 1 6 28 6 15 6 27 29 7 16 27 4 6 51% 1% 39 Nov. 4% 40% 4% 40% Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 91 32% 64* 29% 12 119% 29 7% 66% 4 27 1 19% 3% 4 114 26 27 1 7 8 12 9 8 13 8 14 28 9 8 Nov. 9 16% Nov. 7 15% Nov. 15 6 119% 6 49% 7 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 3% 7% 2% 8 13 8 12 12 4 8 8 15 26 9 12 29 14 27 8 9 13 9 8 1 Nov. 13 Apr. 5 Jan. 4 5 6% Jan. 72% Nov. 14 8% Nov, 9 3 20 9 5 20 25 27 3 37% Apr. 30 6 29% Apr. 12%- Nov. 26 Nov. 27 113 May 21 9 4 4 3 3 23 15 4% Nov. 1 24% Sept. 11 Oct. 7 14% May 6% May 14 5 Mar. 15 SB Nov. 26 27 14 3 9 Nov. 20 , Nov. 13 27 Jan. Nov. 13% Apr. 29 26% Nov. 12 Jan. x5 49 9 2 2% Jan. 4 38% Nov. 15 4% Nov. 8 May 13% May 27 May 38 May 1 7 3 24 _ 34% Jan. June 4 17 12 16 22 9 Apr. Mar. 13 Jan. 18 22% Apr. 11% Jan. 23% Jan. 16 Apr. 95 Nov. 28% Apr. 34 Nov. 123% Jan. 70% Mar. 29% Apr. 24% Afar. 25% Jan. 12% May 1 May 26 May Nov. 5 13% 26% 41% 48% 4% 18% 25% 12% 16% 7% 2% Jan. 9% Apr. 6 6 Sale Sale Sale Nov. 13 30 67% Apr. M* 6 6 Jan 14% Jan. 102 Nov. Nov. Nov. Nov. 14 52% Jan. 16% Apr. 8% Jan. 111% June 18% May 105 May Nov. Nov. 25 80% May 13 10 8% Mar. 4 5% Mar. 4 32% Mar. 4 8% Apr. 15 7% June 6 6 Feb. 19% May 10 6% Jan. 2 May May May Nov. Nov. May May May 17 13 65% Feb. May 21 Aug. 16 20 30 65% May 2a 24% Nov, Nov. 1 Nov. 6 Nov. 20 Nov. 25 Jan. 9% Mar. 19 51 June 11 124% Jan. 22% Nov. 1% Nov. 38% Nov. 39 Sale May 23 19% 19% 1% 35% Sale Sale 5 7% June 116% 114% 116% 24 June 20% May Nov. Nov. 8 22% Apr. 20 27% May 7 7 110 May 23 Nov. 18 23% Nov. 6 44 Sale 6 June 12% Aug. 19% May 99 May 51 % May 17% May 53 45 10 Nov. 24% May 17% May 49% June 19% 53% 28% 84% 40% A* 5 May 21 20 Nov. Nov. Nov. Nov. 11 Nov. 14 Mar. 26 Nov. Nov. 16% Nov. 6 21 30% Nov. 27 34 Nov. 20 110 107% 104 52 24 Sale 18 May 8% Nov. 10 Nov. 26 32% Nov. 28 335 Sale 106 52 24 June 4 Nov. Nov. Jan. 23 100% Mar. 8 21 25% Jan. 3 21 58% Nov. 19 22 23% Jan. 3 22 % Apr. 20 June 6 102 34 30% 24% Sale 10% Sale Sale Sale Sale it* lWA Sale 24 „ 108 108 8 10% 29% 113% 24% 106% 12 110% Apr. 30 7% Apr. 22 64% Apr. 22 68 Apr. 20 43% Apr. 4 11 Apr. 4 9% Jan. 4 102 July 33 May May May May 12% 2% 3% 5% 27% 8% 11% Nov. 30 Sale 31 4 45% Sale 103 Sale Sale Sale Nov. Nov. a:27 June Nov. 12 Nov. 4 15% Nov. 12 4% Apr. 10 35% Feb. 27 9 May 22 Aug. 29 80 May 22 *93 Nov. 19 Nov. 22 Nov. 12 Nov. 19 Nov. 12 Nov. 12 Nov. 12 Nov. 14 Nov. 14 Nov. 14 Nov.. 8 Nov. 14 Nov. 2 Nov. 12 Nov. Nov. Nov. Nov. 10 24 39 38 Sale Sale Sale Nov. Nov. Nov. Nov. x9 28 114 32% Sale" 4% Sale 1* 27% 9% 6% 28% Nov. 122% 118 8 7% 7% Nov. 12% Sale 25% Sale Sale Jan. May 21 May 22 May 22 Nov. 29 Nov. 14 46 Nov. 5% Nov. 5% 29% Sale 20% 6 May 21 May 21 Nov. 14 Nov. 15 Nov. 7 Nov. 25 Nov. 7 18% 4% 6% 9% 5 Nov. 15 21% Nov. 7 55% Sale Sale Nov. 4 33 Sale 86% Sale Nov. 28 93% Sale 130 Nov. 4 134 130% 127 Sale Sale 24 23% Nov. 30 28 19 21 Sale 20 Nov. 20% 9 Sale Nov. 28 9% Sale 11% 19 Sale 21 Nov. 16 21% 18% 12% Nov. 14 13% 13% IS* 95 Sale 99 85 1 87 Nov. 57 30% 39% Sale 6 16% Nov. 3% Nov. Sale 10 Sale Sale Sale Sale Nov. 31 120 - 17 5 June Nov. 18 Nov. 13 7% 49% 74% 119% 7% 3% Nov. 25 19% Nov. 25 4% Nov. Sale 114 23 Sale 105% 111 100% 110 63% 24% 108 Nov. 16 16% Sale 25 20 21 118% Nov. 6% Nov. 2% Nov. Sale Sale Sale 58% 15% Nov. 65 7 3 Sale Sale 5 19 Nov. 7 Sale 4 37 48% Nov. Sale Sale c Sale 49% Sale 73% Sale 31 Sale 111 lis"" Sale" Sale 108% 6 IV* a;93 51% Nov. 13% Nov. 12% Nov. 17 Nov. 22% Nov. 107% Nov. Sale 10?S Nov. Nov. Nov. 16 Sale 16 17 8 28 114% 58% 60% 33% 9% 88% Nov. 22% Sale 10 28% Sale 10 110 6 June June Nov. 13 Nov. 9 8% Nov. 15 6% Nov. 17% Sale 56% Sale 14% 14% 29% 9% 26% 113% 23% 106 103 10% 15% 9 29 Sale Sale May 21 15% Nov. 12 3i* Highest Sale Prices Prices Jan. 86 Sale Sale Sale 65 Sale 76 Sale 109% 60 31% Sale 8% aV/s 79 35% Sale 7 4 4% Nov. 28 48% Nov. 7 60% Nov. 15 31 Nov. 6 8% Nov. 7 4% Nov. 29 Sale JX 33% 88% 17% 51% 14% 12% Sale 108% Nov. Sale 7 76 80 J*7.* 1 4 2 32 ! 80% 100 73 85 Sale 12% Nov. Nov, Nov. 13% Sale 6% 39% Highest Sale Prices 102 82 SB Ask 33 33% Lowest Lowest Sale Prices Nov. 30 Ask Bid Sale 12 2 2% 12 Oct. 31 Nov. 15 Jan. 10 Jan. 3 5 Apr. 22 36 Jan. 17% May 12% May 7% July 2 May 35 5% May 21 4% May 21 May 28 May 24 May 22 May 22 9 May 21 14 May 21 50% July 25 May 21 May 21 May 21 May 21 34 July 16 2% May 22 29% May 28 3% May 23 36% Aug. 1 3 75% June 22% May 21 2 May 24 39% May 23 16% Oct. 23 4 7% Jan. 3 23% Apr. Sept. 5 3 13% Jan. 21* BIdgs— Depos. ctfs. 7% pref Butler Brothers 5% conv preferred Butte Copper & Zinc Byers (A M) Co Partic preferred..., Byron Jackson Co Calif Packing Corp 5% preferred 100.500 3 470 Ask Par Baldwin Loco Wks vt tr ctfs.13 Baltimore & Ohio.— 100 4% preferred 100 Bangor & Aroostook 50 5% conv preferred—...100 Barber Asphalt Corp 10 Barker Bros.. r---* 5% % preferred 50 Barnsdall Oil Co —.—5 Bayuk Cigar lnc --* 1st preferred 100 Beatrice Creamery —.25 $5 -preferred wittrwarrr^* Pref ex-warrants— * Beech Creek RR Co.. 50 Beech-Nut Packing... 20 Belding-Heminway * Belgian National Rys part pref Bendix Aviation Corp. 5 Beneficial Indus Loan Corp..* Prior pref #2.50 div ser 38-* Best & Co Bethiehem Steel Corp (Del)--* 7 % preferred. ----- - - - - -100 Bigelow-Sanford Carpet Inc..* Black & Decker Mfg Co * Blaw-Knox * Bliss & Laughlin Inc..—.—5 Bloomingdale Bro3... * Biumenthai & Co pref 100 Boeing Airplane Co ---5 Bohn Alum & Brass Corp 6 Boi Ami class A * Class B * Bond Stores lnc 1 Borden Co (The) 15 Borg-Warner Corp ---5 Boston & Maine RR 100 Bower Roller earing Co —.5 83,300 32,500 14,500 6,400 1,110 11,400 2,700 ... _ Andes Copper Mining Co—20 APW Paper Co lnc 5 Archer Daniels-Midiand * Armour (Del) 7% preferred. 100 Armour of Illinois —5 $6 convertible priorpref. ._* 600 7% preferred. 100 130,700 Armstrong Cork Co— * 24,600 Arnold Constable Corp 5 45,700 Artloom Corporation —* 140 7% preferred— —100 144,200 Associated Dry Goods 1 4,100 6% 1st preferred -.100 9,300 7% 2d preferred 100 5,800 Associated Investment Co—* 13,610 5% preferred 100 517,600 Atchison Top & S Fe--_—100 53,400 1 5% preferred 100 174,200 Atlan Coast Line RR-100 35,600 Atl G & W I S3 Lines 1 30,600 5% preferred lOu 314,800 Atlantic Refining. -.25 6,600 4% conv pref series A.-.100 304,000 Atlas Corp 6 63,300 6% preferred 50 20,000 Atlas Powder -••* 3,430 5% conv preferred 100 38,200 Atlas Tack Corp * 70,220 Austin, Nichols & Co— * 12,300 $5 prior A * 1,386,700 Aviation Corp (Del) The 3 14,500 22,800 22,600 17,300 797,800 91,000 2.000 2,600 . Nov. 1 Shares 3,700 1,600 1 Jan. 2 N. Y. STOCK EXCHANGE Jan. 1 Shares RANGE SINCE JAN. PRICES IN NOVEMBER Price STOCKS Since 'JB 39* it* 82 Nov. 13 4 15% Jan. 26% Feb. 9 Mar. 13 Feb. iSB 21 Feb. 21 Apr. 18 3 23% Apr. Apr. 17 6% Mar. 6 3 40% Jan. 6 Apr. 4 45 May 1 91 Aug. 1 32% May 9 40 75** Nov. 8 Jan. 4 June 10 119% Nov. 26 4 42% May 15 56% Jan. 20 May 21 35% Apr. 29 100 105% May 22 119% Sept. 5 May 21 XV* Feb. June 15 72 48 May 17 Aug. 15 26% Apr. 3% Jan. 1% May 15 June 12 114% Mar. 106 5% Apr. 2% May 18 4 May May 21 eS* 88 Oct. Sept. 15 neH 4 100 Mar. 28 15 1 22 3 9 5 10 7 Apr. 16 n. y. stock; Dec., 1940] AGGREGATE SALES In November n. y. stock Since 27,400 16,200 21,500 1,100 300 2,700 300 7,000 51,000 1,100 600 8,100 2,000 24,800 3,100 400 2,300 5,300 5,400 300 2,600 5,300 410 135,600 8,300 i,030 1940 exchange Par Bid 193,000 Cerro de Pasco Copper-—---* —1 158,800 Certain-teed Products 6% prior preferred 100 104,910 —--12,600 Chain Belt Co Champion Paper & Fibre go— 6% preferred 100 2,120 Common * 44,200 --*> 26,700 Checker Cab Mfg 143,400 {Chesapeake Corp.-- 38 -go 482,400 Chesapeake & Ohio Preferred series A 1UU 9,400 7,400 {Chic & East 1u rr 6% pf-100 {Chicago Great Western— 4% preferred 100 41,800 -5 23,500 Chicago Mail Order Co. 135,000 Chicago Pneumatic Tool——-* $3 conv preferred —* 16,300 Prior pref ($2.50 cum divs)* 6,100 100 23,800 {Chicago r i & Pacific 7% preferred —100 14,600 6% preferred— 100 16,800 -* 9,200 Chicago Yellow Cab--10 60,700 Chickasha Cotton Oil— ---* 100,400 Childs Co *5 i,670 Chile Copper — o 1,332,300 Chrysler Corp 65,500 City Ice & Fuel Ask Sale 6 % Sale 32 % Sale 19% 20% 101 103 25% 26 16% 17 4% Sale 7,400 20 50 200 4,900 40 62,400 12,000 220 4,300 Special gtd 4% stock 50 230 * 268,500 Climax Molybdenum Co --* 298,200 Cluett Pea body & Co Preferred ——100 1,570 * 52,400 Coca-Cola Co (The) ai-i»' wwmwinrinrr" 6,700 • ------500 19,700, 5,800 40 7.300 970 3,690 2,020 9,500 4,400 167,900 2,900 160 3,300 2,900 2,200 14,800 600 24,100 300 63,200 392,800 14,600 84.700 800 7,700 2,900 4,600 23,300 5,400 560 910 61,000 178,100 9,100 2,900 9,100 4,000 70,700 1,400 II,100 2,400 1,300 14,300 6,800 12,500 2,200 25,100 1,500 9,300 12,300 147,500 57,500 5,000 18,900 2,300 1,590 29,400 700 15,200 3.500 30,500 2,500 5,400 3,200 11,600 240 2,000 35,900 1,020 95,300 24,200 330 22,900 1,690 6,900 1,200 44,100 1,800 5,900 396,300 26,400 417,600 1% 11% 14% 33% 46% % 900 4,600 40 System lnc class 104,000 68,500 Class b a—--2.50 2.50 --* —- 1,255,000 Columbia Gas & El-_36,200 1,650 28,600 58,600 19,800 194,400 6,500 229,920 6,500 856,300 1,889,300 104,900 1,133,100 4%% Comm'l conv. * preferred—100 Investment Trust—-* 1935-* -* $4.25 conv. pref ser of Commercial Solvents— Commonwealth & Southern—* $6 preferred Commonwealth Edison —-* Co-.25 Conde Nast Publications » 15,100 83,300 Congoleum-Nairn Inc.---—-* ----43,300 Congress Cigar Certificates of deposit 14,200 Consol Aircraft Corp———-1 314,000 140,200 Consolidated Cigar—-——---* ——-100 7% preferred 2,600 6% % prior pref 100 4,750 681,900 Consol Cop perm ines Corp-—5 1,066,600 Consol Edison Co of n y lnc-* $5 preferred — * 63,800 25,900 Consolidated Film Industry. _1 $2 partic preferred * 59,600 Consol Laundries Corp 5 61,100 805,100 Consolidated Oil Corp—----* 17,900 Consol rr of Cuba 6% pf-100 62,500 Consolidation Coal co—7—25 6% conv pref ---100 13,600 Consumers Pow Co $4.50 pref-* 14,100 240,100 Container Corp of America--20 127,500 Continental Baking Co class a ♦ Class b --* 130,100 8% preferred -—--100 21,800 234.000 Continental 10,700 80,000 111,000 1,548,800 380,300 58,600 339,600 36,800 20,040 192,600 6,400 336,500 132,800 298,700 19,370 30,100 32,900 235,200 4,360 14,500 506,400 12,540 457,500 55,600 3,860 329,000 ii,360 43,300 30,500 215,600 80,100 10,700 2,910,700 557,200 Can————20 -* $4.50 preferred Continental Diamond Fibre--5 Continental Insurance.---2.50 Continental Motors 1 Continental Oil of Del 5 Continental Steel Corp.-----* Copperweld Steel Co —5 Conv pref 5% series 50 Corn Exch Bank Trust Co—20 Crosley Corp (The)———--* —* pref w w * Crown Cork & Seal $2.25 conv Preferred ex-warrants _-..-* Corp.——5 $5 conv preferred———— * Crucible Steel of America---* 5% conv pref 100 Cuba rr 6% preferred 100 Cuban American Sugar——.10 Preferred—- ——-100 Cudahy Packing Co 30 Cuneo Press lnc 6 Curtis Publishing Co (The)—* Preferred * Prior pref ----* Curtiss Wright Corp..———1 Class a ——1 Gushman Sons 7% pref.—100 $8 preferred ————* Cutler-Hammer Inc..-------* Crown Zellerbach 98,800 8,600 Davega Stores Corp——.5 Conv 5% preferred —25 4,700 For footnote* see page > Sale 10% Sale Sale 2% Highest Lowest Highest Sale Prices Lotvest Sale Prices 6 106% 101 Nov 1 105 Sale 37% Sale 20 % Sale 5% 104 22 22 Nov 4 17% 19% Nov 2% Nov 41% Nov 27 23 23% Nov Nov 3% Nov 43% Nov 95% Nov 22 97 2% ^ 42 Sale 95 96 1 1 % 8% | Sale 8 Sale 62% 65— 18% Sale 110 18% 4% 5 4% Sale ----- 19% Sale Sale 5 33 27 46 48 48 Nov 10% 2 10* 12% Sale 88% 92 Sale 55 45 At At 9% j0% 2 25% 74% 8% 87% 2% 36% v/8 a 2% Sale Sale Sale 30% 33% 143 104% 60-%—61% 60% 11 % Sale 11% 100- '101% ItK) Sale 31 Sale 112 Sale 22% Sale 1% .1% 2 2% 1% Sale 27 Sale 34% Sale Sale 21 Sale 6% 83% Sale 20% 4% 78% Sale 76 Sale 69 74 81 Sale 75 Sale 5% 23 8% Sale Sale 80 8 Sale 89% Sale 8 Sale 30% Sale 107% Sale 1% 9* 4% Sale IP. 4 16 42% 113 Sale 115 7% 40% Sale 3% Sale 23% Sale 28% 29% Sale 31% 7% g* frH 90 Sale Sale Nov Nov Nov 74% Nov Nov 114% Nov 35% Nov 83% Nov Nov Nov 27 Nov 6 33% Nov 14 32 Nov 6 34 Nov 8 143% Nov 28 Nov 104% Nov 60 27 21% Nov 19 29 1 31 Nov Nov 1 Nov 27 1 Nov 22 22% Nov 1 % Nov 2% Nov 13 12 1 4 Nov 6 Nov 12 2 Nov 7 20% Nov 29 24 Nov 14 24 Nov 1 4% Nov 18% Nov 29 21 Nov 12 6% Nov 1 4 10 102 June 16% May 21 ^0% May 23 112% 24 12% May 21 1 Sept. 17 1% Sept 1% Oct. . May 16 May 4% May 67% May 16 59 5% Nov 5% 5% 20% Nov 20% 21% 31 Nov 31% Sale 98% Nov 98% 101% 108 37% Nov Sale 39% 39% 110 102% Nov 102 104% 104 9% Nov 10% Sale 10% Sale % Nov % Sale 1% Sale Sale 50% Nov 54 59% Sale 27% Nov 27 3% 17% 13% 12% 21% Nov 19 Nov 29 Nov 6 Nov 7 Nov 6 10 Nov 4 74 Nov 86 Nov 5 19% 32% 96% 37% 73 5% 19% Sale 28% 30% Sale 3% Sale 3 Sale 18 20 Sale 14 13% 12% 24 22% 10% Sale Sale 11% 75 Sale 78 86 Sale 90 7% Sale 26% Sale 106% Sale % Sale 8% Sale 2% Sale 2ib 105% Sale 3% 18% 14 12% 24% Sale 83% Sale Sale Sale Sale c?* 8% 2% 9« Sale 6% 21% 104% At 8% 2% 30 7 95 32 97 25 17% 105 *17% 8% % 38% Sale 118 116 7% Sale Sale 38 3% 18% 25% 20% Sale Sale 37% 111% 7% 39% 3% 19% Sale 22 Sale 19 Sale 51% Sale Sale 46 81 56 48% 42% 175% Sale 177 4% Sale 4% % 20% 105% 17% At Sale 22 Sale 100% Sale 19% Sale 4% Sale 26% Sale Sale ms* Sale 88 Sale 42% Sale Sale 2% 3% 4 Sale. 44% Sale 47 Sale 10% Sale 35% Sale 8% Sale 28% Sale Sale 8 Sale Sale 4 Nov 2 Nov 4 Nov 2 8 7 10 1 1 91 12 1757* June 10 28 Jan. 29 Nov 27 63 Nov 18 75 8% Nov 29 27% Nov 29 106% Nov 9 29 29 21 29 21 2* 22 23 22 8 % 9% Nov 9 3 Nov 15 1 6% 1% 5% 23% 106% *17% 9% 5% 2% 5% 1 7 1 16 4 Nov 6 4 26 22 28 Sale 68 Nov 7 70 Nov 6 Nov 6 1 28 19 61 Nov Nov Nov Nov Nov Nov 25 52% Nov 27 47% Nov 1 179 Nov 4 Nov 19 27 5 At Nov 22% Nov 1 106 29 22 20 Nov Nov 5% Nov 20 28 42 Nov Nov Nov 4 38% Nov 8 14% Nov 6 f3K 1 91% Nov Nov 9 12 Nov 12 5% Nov 12 27 29 1 Nov 14 13% Nov 15 76 Nov 6 2% Nov 12 25 25 1 27 20% Sale 19% 4 3% 3% 3% Sale 19 18 Sale 18 17% 6 6% Sale 5% 6% 112% 113% 112% 111% Sale 6 May May May May May May 21 22 22 21 21 16 June 25 May 21 75% Oct. 1% May 3% Aug. 60 May 9% May 19% June 8 31 1 Nov 9 9 31% Oct. 6% July 25 21% May 21 75 Nov. Nov. Nov. 6 16 June 17 1% Oct. June Sept. 14% May May May May June 107 42 Nov. Nov. 10 24 15 21 23 12 30 5 Febi 27 Feh-_21-. Sept. 24 Apr. 8 Feb. 10 May 10 Apr. 4 Apr. 4 Apr. 4 26% 26% 7% 93% Mar. 12 Mar. 12 Apr. 8 Apr. 8 79 Jan. Jan. 26 3 16% Apr. 5 1 % June 28 73% Jan. 8 33 Apr. 8 - 6% 24% 13% 12% 31% Jan. Feb. 3 17 Sept. 24 July 8 Apr. 15 16 Apr. 8 92 Apr. 9 95 Apr. 5 9% Feb. 21 32% Apr. 5 110% Mar. 25 1 % Jan. 3 10% Apr. 4 4% Apr. 4 8% Apr. 9 2% Jan. 3 5 Nov 51% 21 June 35% Nov 10% Nov 49 Nov 8% no\ 27% Nov 4% 5% Mar. 30 5% Nov. 14 Nov. 15 Nov. 9 Apr. 24 Jan. 10 Apr. 4 10 Jan. 2I* 46 Nov No\ Mar. 26 9 33 May 21 49% Apr. 106% May 31 116% Jan. 26 9% Apr. 4% May 21 9 29 27% May 25 40% Mar. 5 Feb. 2 2 14 May 15 Jan. 5 19 16% June 10 33 9 18% May 21 Apr. 8 8 8 15% Mar. 16 ?8* May 70 May 8 May 21 47 8 May 28 61% Jan. 3 41 12 4 65% Jan. 8 41% Nov. 27 May 8 May 25 179 27 165 7% Apr. 8 4 May 21 14 1% Apr. 5 1 At Sept. 28 3 June 24% Jan. 5 13 8 Nov. 29 June 13 106 75 29 5 17% Nov. 29 32% Feb. 2 2 7% Jan. 3% May 22 8 38% Apr. 3 18% June 11 7 Feb. 26 36 July 17 45 26 30 30% June 12 43% £Pr4 4 12 May 22 21% May 14 9 75 May 21 95% May 25 95% Nov 3 Jan. 10 Mar. 8 Oct. 21 9 6 15 33 Nov Nov. 15 9 6 40% Nov 87% Nov 2% Nov Nov Nov Nov. 14 12 80 42 8 4 Nov 1 55 Nov Nov Nov 1% Nov 46% Nov 80 1 8% 39% 4% 21% 26% 21% 4 68 9 41% Nov 12 42 Nov Nov 4% 21% 97% 2% 8% 93% 9% 7% % 30 116 Nov 90 15 27 11% Nov 60 14 Nov 20 24 82 14 16 Nov 12 53 Nov Nov Nov 27 4 18 Nov 83 25 47% 34% Nov 20 11% Sale 1 16 24 Sale 15 June 12 1 o 88 Jan. 6 Nov 21 22 21 10 2% May 22 14 May 18 Nov Nov 18% Nov 22 23% 19% *18% Nov Nov 56 56% Sale 48% Nov Sale 41% Nov 186 175% Nov 4% Nov 4% % Nov > Sale 19% Nov Sale 100% Nov 17% Nov 18% 4% Nov aVA Sale 25% Nov 40 May % May May 25% June 8 Nov Nov 0 30 13 108% Feb. 21 56 10 8 Apr. Mar. 0 June 4 113 42 3% 21% 13% 12% 27% 11% 82% Nov Sale 1% 46% 33% 9% 4 21 21 22 28 Nov Nov 36% Nov 111% 7% 37% 3% 7}h ti% Sale 25 Sale 25% 43 42% 43% Sale 15% Sale 91 90% 42% Sale 90% Sale 3% 2% Sale 11% 24% 1% Sale Nov Feb. Jan. Apr. 26 Apr. 18 June Nov Nov Sale 6 5% Nov Nov 1% 1% Nov 4 4% 4% 16% Nov 19% 17% 18% Sale 105% 106% 104% Nov Sale 15% Nov 15% 15% Sale 7% Nov 8 Sale Sale % Nov % Sale 83 82 4 9 June May May May Nov. May Aug. May May May 1% 80 4 12 26 24 Nov Sale Sale Nov Nov Nov. Apr. 8 Jan. 20 48 12 Nov Jan. 3 Mar. 28 Apr. 15 Mar. 25 10 8 27 8 9 3 98% Apr. 4 8% Mar. 15 23% Jan. 29 Nov 6 2 Apr. 3 Nov 27 Mar. Jan. 29 21 24 Nov 41% 103% 11% 1% 61% 30% 3 Jan. 24 4 Jan. 8 Jan. Nov. 7 June 1 Sale 1% Nov 3 16 May 3%V May 14% May 27% June 2 101 27 2% 12% 14% 39% May 21 131 63 May 24 May 21 _-20. 71 Sale Sale 41/ 11 21 15 21 22 13 15 27 21 21 28 16 28 Mar. 23 Apr. Nov. 12 97% Jan. 2% Jan. 108 1 7i% 20% 4% 16% 7% June 17 May 15 4 41% Apr. 1 45% Apr. 4 25% May 21 131 May 22 143% Nov. 28 30 112 Nov Nov Oct. May 9 Apr. 18 25% May 22 7 15 41 Sale Nov 3% Nov 4 Sale 30 92 Nov 13% Sale 26% Sale 4% Sale 81 2 28 40% 4 Sale Nov Nov 91 3% 7% Nov No\ Sale Sale Sale Nov 34 Nov Sale 40% Sale 86% Nov 1 76 60 61 27 85 6 7 2 Nov 82% 6% 22% 34% 4 % 101% 16% Sale 13% Sale 1% Sale 92% 94% Nov Nov 29 a2,V* 8ale 100 Nov 12% Nov 2% Nov 22 Sale 18 !0% Nov 9% Sale 4 27 74% Nov 85 12% 29% 7% Nov Nov 40 1% 1% 24 Sale 8 Nov Nov Nov 133 112 110% 114 19 19% Sale 1 1% 1% 2 Sale 1% Sale Sale Sale 105 Sale 110% 14 Sale 1% Sale 70% Sale 32% Sale 27 Nov Nov Nov 9 _.j 99% 56 61% Nov 28 7 Nov 11 10% 12% Nov. 15 101'%t100% Ncrvr 22 t0t% JNov. "7 H94 21 19% 46% l03 % 52% l07% Nov 22 6% May 8% May 23% May 50 41 May % At Nov. Yi At Nov. % At Nov. 11% 7% May 9 16% May 6% 1% Aug. 20 34 Aug. 91% 53% May 8% Oct. 28 14% 85 Sept. 26 98 44 Sept.16 16O 2 4% May 15 24 May 21 40% 124 July 8 133 June 19 56 74% 108 May 21 114% 26 43% May 21 74 May 16 83% 46% May 16 48 Nov Nov Nov 140 Sale 62 Sale Sale 78 94% 15 Nov 2% Nov 35% Nov 85 21% Sale 13 Nov 9% 14% 39% 48% % % 41% Jan. 10 8% Feb. 15 38% Nov. 25 22 106 22 30% 10 29% 4% 15 28 43% June May June Oct. May % Oct. 55 3 26% 12 Nov % Sale 93 7 27 20 24% 6% Sale Nov Nov Sale 142 109 % Nov 12% Nov 74% 113% 113% 115 Sale 32% 32% 34 Sale 83 83% 84% 85% 48% 50 50 140 1% Nov 38 133 118 1 13% At Nov 23 39 %6 % At 8% 20 Nov 12% 37% ___ 83 2 Nov 1 Sale Sale 48% 27% 99% 17% 10% 2% 30% 84% % Nov 15% 2% 70 113% 33% 5% Nov 38% Nov 21% Nov 21 38 113% u4% 35% Sale 76 77% 45% 39% Sale 35% Sale 130% 22% May 24 3% May 22 15% May 21 15 May 28 37% Nov. 15 Nov. Nov Nov Nov 31% 4% 29% 20% Sale 33 25% 76% 9% Sale Sale 9 17, Sale Corp (The)—.1 2,260 Dayton Pr & Lt 4%% pref-100 112% Sale 47,500 Davison Cnem Sale Sale Sale 27 87% 44% Refining—--26 64% Sale Pr eferred -------se-100 172% 180 Coty lnc --1 4% Sale Sale Coty International Corp—---1 Crane Co ——25 23% Sale 105 5% conv preferred --100 103 (The)--2 Sale 8% Sale 13% Sale 39% Sale 47 48% % % Corn Products Cream of Wheat Corp Sale 3% 42% 96% 1% 83% 88 -* 22% 20 24 74% —10 Sale % 10% 11% 2% 100 —* Sale 101 « 100 6% preferred series a 5% preferred Columbian Carbon Columbia Pictures Corp $2.75 conv preferred Commercial Credit Sale % 33% — 6% conv preferred -.100 2,930 91,900 Colorado Fuel & Iron Corp--* 4,480 Colorado & Southern------100 4% 1st preferred 100 16,920 4$ 2d preferred 100 4,210 Columbia Broadcasting 655 200 Colgate-Pafmoiive-Peet Co---* 72400 Collins & Aikman— 360 9,300 — — wt —l 32 21 Sale 9,190 ° 24,300 City Stores —— 81,200 Clark Equipment 100 100 cco&StLRy Co 6% preferred -100 250 4,170 Cleve Elec 111 $4.50 ser pref--* 75,000 Cleve Graphite Bronze (The)-l 770 Cleve & Pitts rr Co 7% gtd-50 32% Sale 5% Sale 21% Lowest Ask Ask Bid Bid Sale Prices Nov. 30 Nov. 1 Jan. 1 220 "Y.966 1 Jan. 2 Shares Shares RANGE SINCE JAN. PRICES IN NOVEMBER Price STOCKS 33 exchange-stocks 22% Nov. 9 4% Nov. 13 18% Nov. 12 7% Nov. 15 114 Nov. 22 40. V 46 Nov. 9 95% Nov. 12 aa \\» Jan. 6 May 10 Feb. 24 Apr. 22 29% Feb. 24 4% Jan. 4 51 May 4 35% Oct. 28 11% Mar. 8 32% Mar. 14 10 92 Mar. 7 15 21 22 22 60 May 10 23 Oct. 9 4 5% Mar. 7 18% Nov. 12 4 8% Apr. Nov. 22 13 114 34 N. Y. STOCK EXCHANGE—STOCKS AGGREGATE SALES November Jan. 1 Share* Shares Nov. 1 400 263,800 109,600 8,600 1,080 381,500 49,950 4,070 692,500 41,200 3,200 420 62,600 1164.200 110 1,866 - 3,000 3,900 12,200 600 ~7~, 666 800 470 12,900 7,100 1,800 230 7,600 3,100 9,600 4,500 5,400 700 2,800 8,500 80 73,800 13,400 52,600 176,700 33,900 6,100 18,500 4,500 36,700 2,350 123,100 3,350 36,800 1,980 194,500 8,300 700 8,300 16,800 2,900 300 5,800 2,000 4,700 10 15,200 490 5,300 310 22,200 100 Sale Devoe & Raynolds A Diamond Match Partic 6% preferred —* Sale 1524 Sale * Sale 29 Sale 38 Sale Sale - 25 42)4 Diamond T Motor Car Co...2 Distil Corp-Seagrams Ltd.. * 5% prer with warrants Dixie-Vortex Co Dresser Sale 324 24 116 100 Sale 24 Sale 824 1724 75 Sale 1124 Mfg Co Dun hill International 24 Sale Sale Sale 139. 23 24 1 Sale Sale 7 624 924 80 10,500 700 200 16,200 300 14,500 10,400 150 1 21 Sale Sale Sale Sale 7 10 Sale 115 120 Sale Sale 3724 Sale 524 Sale Auto Lite 1024 Sale 144 176 Sale 178 3524 1424 Sale 15 37 Sale 35 Sale Sale 1424 Sale 1424 Sale Sale 5 —— Fairbanks Morse & Co * Fajardo Sug Co Porto Rico..20 Federal Light & Traction 15 $6 preferred * federal Mining & Smelting 2 Federal-Mogul Corp........5 — Flintkote Co (The) Florence Stove Co Florsheim Shoe (The) 1H 324 I 2 124 324 a 4^ 824 Sale 2324 Sale 1 J* 124 6 424 3924 Sale j 1524 Sale 99 , 28 24 4 Sale 48624 Sale Sale 2324 Sale 10424 105 Sale Sale 2424 24 cl A * 10 preferred...—.100 Food Machinery Corp.—...10: 3324 3424 4)%% conv preferred....100 10624 10724 Foster-Wheeler. Sale 10; 19 7% conv preferred...—...* 72 80 Francisco Sugar Co * 424 524 Franklin Simon pref 30 ...100 35 Freeport Sulphur Co 10 3224 Sale conv ..... ... $6 preferred ...._* Gen Am or Transp Corp.. 5 General Baking Co 5 ..... $8 preferred j. ... Electric Co * 5 ..* * .100 * 100 * ..__* * 6% preferred 100 1,670 89,300 Gen Realty A Utilities Corp.. 1 $6 pref opt div series.. * Refractories ; • Geueral Shoe Corp l Steel Castings $6 pref * General Telephone Co 20 * 75,600 Gen Theatres Equip Corp J 17,800 Gen Time Instrument Corp. .* Gen . 6% preferred 390 100 5 97,300 General Tire & Rubber Co 5 283,700 Gillette Safety Razor $5 conv preferred..— i—* 39,700 l see page 40, 31 Nov 4 Nov 8 Nov 28 Nov 17 4 7524 Nov 4 Nov Nov 28 Nov 27 Nov 27 Nov 624 924 11424 15324 116 27 Nov 20 126 4 Nov 2024 1524 7724 12724 19 Nov i8* 27 Nov Nov 4 8 3924 jnov 9 >4 Nov 24 iNOV 20 24 Nov 81 Nov 1124 Nov 36 Nov 23 24 Nov 1954 Nov 91" Nov 91 Nov. 14224 Nov Nov. 2324 Nov 7 24 Nov 1024 Nov 11524 Nov. Nov • 28 172 1 129 3024 Nov 424 Nov 136 Nov Nov 3224 Nov 1324 Nov 3424 Nov 1424 Nov 6 24 1 14424 27 6 1% Sale Sale 16 Sale 1424 Sale 102 103 424 Sale 13 1324 ,50 624 624 102 10324 5624 Sale 724 Sal 45 145 138 3 324 1124 21)4 Sale 53 53 24 Sale 1824 11324 40 *4 47H 23 Sale Sale Sale 121 117 124 Sale 40 Sale 91 93 24 Sale 12824 Sale 54 12524 36 24 4 924 128 39 424 9 4 110 105 24 1824 1 1924 89 Sale 24 17 <-4 32 >4 20 1 14 *4 15 25 Oct. 3 Jan. 22 120 28 189 24 Apr. May 15 155 22 May 1024 May 25 May 1024 May 22 28 21 21 24 May 22 3 1824 152% x2424 24 May 15 May 21 16 24 9324 4324 67 _ 2.) 5 May 21 2024 Jan. 15 24 Oct. 24 324 June 11 5 2924 June 1724 May 21 79 June 10 Sale 3924 Sale 1324 2024 1624 Sale 9624 100 43 24 Sale 1624 1624 3724 Nov Nov 2724 Nov 33 May May Sept. May May May May June May Sept. Sept. June 30 Sale 724 31 106 24 16 24 1)624 1724 Sale" 106 10524 Sale 3 2924 35 224 Sale 33 Sale 224 Sale 3 1624 Sale Sale 19 100 104 524 Sale 12 24 1224 51 44 24 5-24 Sale 104 Sale 100 52 724 Sale Sile 135 Nov Nov Nov 12 24 Nov Nov 84 4124 Nov 1524 Nov 3324 Nov Nov Nov 3224 101% 2424 32 1624 108 Nov Nov 724 Nov 2724 Nov Nov Nov 22 28 Nov Nov 1824 22 Nov Nov 1524 Nov Nov Nov Nov 224 Nov Nov 40 30 Nov Nov 3624 Sale 34 Nov Nov 224 224 15-24 2 Nov Nov 224 Nov 1524 Nov Nov Sale 2 24 30 Sale 224 Sale Sale 18 102 24 103 524 Sale 104 17 Nov 102 Nov Nov 524 Nov Nov Sale 12 Nov Nov 52 47 Nov Nov 5 524 132 324 Sale 324 7 Sile 6 1624 18 1524 Nov Nov 83 24 Sale 80 Nov Nov 1924 18 2024 117 24 115 Nov Nov Nov 11824 116 32 24 Nov 3224 Sale 3524 Sale 34 3% Nov 36 24 Sile 3124 Sile 116 24 11824 11824 Nov 11824 Sile Sale % Nov 24 Sale 40 40 30 3424 88 24 Sile Sale 87 8624 Nov 127 129 H S tie 128 Nov 125 4924 Sale 4824 Nov 5024 S ile 126 Sile Nov 125 126-54 124 49 24 47 48 Nov 4824 Sile 4 24 Sile 4t4 Sale 424 Nov 7 S ile 7 624 Nov 6H 10824 Nov 10824 11924 10824 110 S ile Sale 24 Nov 1524 Sale 15)4 Nov 1624 Sale Nov Sale 27 10)4 46*4 2054 10*4 IS24 Sale 2124 1124 Sale 11 192-4 101 24 Sale 19*4 21 103 24 107 35 3524 12 26 20 10 14 20 74 ,49 Nov 6 8ale Sale" 424 724 109 Mj 24 1724 10524 Nov Sale Sale 1 22 27 13 1224 324 Nov 28 19 24 Sale 49 X 27 Sale 22 Sale Nov 8 29 10 H 90 12 12924 Nov 28 5424 Nov 8 12624 Nov Nov 60 2-4 Sale Nov 6 24 Nov '4 Nov Sale 64 47 24 Nov 17 "1"$ S ile 2224 Nov 105 103 29 Nov 25 Nov 29 Nov 7 Nov Nov 26 Nov 2 22 Sale 103 12 Nov 13 24 3 24 Nov 6 Sale 3 Nov 26 3424 36 35 Nov 28 20 18% 2924 1124 6524 2124 11 % 20-24 10424 1524 ~ 324 37 Nov Nov Nov \l% Feb 1224 May 102 May 26 4 May 3424 Nov. 1112% May 24 M.iy 28 Sept. 77 24 May 118 Miy 3724 May 116 May 313 10 20 23 32 10 35 5 12 24 28 11 4 8 9 Jan. 9 10754 Apr. 4 6)4 Apr. 18 Nov. 29 3854 Apr. 15 36 18 20 20 Sept. 30 Apr. 24 Apr. 30 Sept 4 14 654 Apr. 22 14)4 Apr. 24 May 3 4 754 Apr. 51 5 104 3 8 Jan. 4 27 145 15 15 24 6 23 21 Mar. 20 57)4 Jan. 8)4 Jan. 4H Sept.23 3 11H Jan. 8 29)4 A Dr. 89)4 Nov. 14 22 Nov. 23 11754 Nov. 12 21 41 Jan. 2 27 4954 Apr. 15 22 1185% Jan. 17 Jan. 0 2 Jan. 8 21 101 Apr. 28 130)4 Jan. 8 5654 Apr. 8 19 28 44 22 127!% 5 Mar. 23 .,8* May Apr. 4 8 10 Jap. 10 1 110 Jan. 3 1)4 Jan. 11 4 19)4 Jan. 15 106 Sept 30 Apr. 2 Apr. 5 Nov. 26 1324 July Nov 20 Nov 10 May July Nov 14 May Nov 16 24 June Jan. May Nov May .7.24 May Nov 1324 May Nov 98 Nov 10V4 May 3 Sept. 3024 Oct. Nov 2 19 105)4 Mar. 27 10 Nov Nov 5 21 21)4 Apr. 29 22 110 Nov, 16 June Nov Nov Jan. Jan. 25)4 Apr. 854 Nov. Nov. 25 10 June 3 46 524 May 21 100 9 2154 Apr. 5 38)4 Mar. 26 June 24 924 8624 24 Nov 2 4 22 4524 June 14 3 24 May 21 June Oct. Jan. Jan. VOL 2154 Jan. Nov Sale 24 1624 June Mar. 27 29)4 Nov. 15 22 324 May 28 8 8 18 3 22 4 Jan. 132 Sale 19 June Apr. Apr. Apr. 7 May 21 May 21 97 3 Mar. 11 21 Sale Nov 854 49)4 31)4 18 H 21 106 22 Nov 10 3 May 14 June 1 34 54 May 1 Jan. 14 5 3 24 25 S ile 74» Sale" 1% 7 4054 Feb. 524 May 118 May 124 May 424 May May 1724 17 June 924 May 61 May 224 Aug. 20 May 24 24 May 4 21 94 18 101 102 Feb. 4 5 3 Jan. 35 24 May Nov 8 Apr. Nov 6 Jan. Jan. Nov 324 Nov 3 Mar. 19 95 Sile 324 624 10 13 20 Nov Nov c; 25 Nov Sale . 5 Nov Sale Jan. 21 10124 Nov 5124 Nov 624 Nov a 83 117 624 Nov 12 5314 624 19 Nov 46 al02 14 14 1524 94 107 22 24 Sale 28 24 2 25 June 10 102 Nov 26 1 1 May 11)4 Apr 85 16 Nov 2224 5 May 23 Nov Sale Nov. lB 11 Nov 23 Sale 8 4 8 Apr. 67)4 Aug. 2>4 May Nov 2924 2124 Jan. Jan. 40 % Nov. May 15 7 Aug. 4 May 15 May 15 Nov Nov 9 Nov. 29 Mar. 84 13 34 2 8 18)4 Sale 10 9 24 30 18 17 8 8 92 9424 10 Jan. Jan. 97 Jan. Jan. 354 Jan. 13 24 2024 23 Jan. 96 Sale 45 "4l4 Tan. Sale i!8 12 5 9 29 Apr. 9 1724 Jan. 4 4124 Apr. It 1824 Apr. 20 May 21 36)4 6 33)4 June May 22 "26 May" 21 "88—'"May 22 40 102 May 22 112 1254 524 May 21 63 May 31 83 66 May 31 89 20 Nov Nov 3 21 37 — 13 324 Nov 8 624 Nov. 12 June 10 16624 Jan. Jan. June 10 178 117 2 10 10 8 Nov. 19 22 129 22 11824 Jan. 19 8 10 4424 May 20 92 11 99 4 113 14624 May 114 May 11224 May 2524 June 9324 Sale 4924 82 4 Nov 1124 May 6524 July 12724 Nov. 14 H Jan. 5 May 924 June Sale 18-24 89 24 1424 Sale 16 4 Nov Nov Nov 29 16 Nov 14 8 1424 Nov 3724 Nov 1624 Nov 14 3024 1 Nov Nov 24 9)4 1 8 May May May May May May May May 2324 Apr. 2824 May 22 1924 Apr. 21 2324 Jan. 21 524 Jan. 24 Jan. 11 22 1252% Jan. 21 2324 Jan. 22 3624 Apr. 21 43 24 Feb. 1024 Feb. 15 2024 Nov. 21 24 8554 Apr. 145% Apr. 15 Feb. 22 38 21 2454 Apr. 22 2324 Jan. 3 9424 May Apr. 27 171 Apr. 12 30 10 Mar. 21 1324 Jan. 10 Sale Sale Sale 18 Sale / Sale 32 4 24 15 177 Nov 27 3524 Nov 27 9 3 3 1224 5624 27 11724 Nov 2? 3924 Nov 7 6 May May May July May May 7 Nov Nov 9 June 10 1124 824 224 24 9824 1224 2o24 12 Nov " Nov 23 1324 May 22 21 July 24 1224 -Aug. 27 224 May 15 *1, May 22 15 May 28 Sale VA 2024 3424 * 19 « Sale 27 Follansbee Steel Corp.. Investors... 7 1424 3:54 2| Sale Sale ...10 Game well Co (The).. .* Gannett Co Inc conv $6 pref..* Gar Wood Industries Inc....3 Gaylord Container Corp 5 53% % conv preferred .60 4 1624 Nov 1324 324 /4« 10924 11024 11 % Sale 7924 Sale 8824 Sale 93 46 preferred Nov 13 27 24 41 * * Nov 12 Nov Sale Sale ' -4124 Sale- * .... 26 117 Sale Sale Firestone Tire & Rubber..—10 ... Nov 12 30 22 12 — Sale Sale 4)4% conv preferred.... 100 1 Fidelity Phenix Fire Ins..2.50 Filene's (Wm) Sons Co .._* A....100 19 4* Sale Ferro Enamel Corp series First National Stores 7 29 Nov Nov. Nov. Nov. Nov Nov Nov Nov 13 24 Sale 24 Nov Nov 27 4 24 Sale 624 Nov 3024 Nov 29 40 24 Nov 3024 Sale 2624 2724 ■2524 Nov 28 36 24 Nov Nov 29 3324 Nov 31 3124 Sale Nov 6 24 1 24 Nov 3D- -Nov ~8- 34—Wot 3124—32 hittf r 39 ''"'™"40 1 "3824 "NOV Sale Nov 1 111 110 Nov " 11124 110 Sale 624 Nov 27 924 Nov 624 Sale 79 63 6924 7324 Nov 18 73-24 Nov SaleNov 30 76 Sale 76 8324 Nov 91 75 8824 Sale 24 Sale 24 Nov 12 24 Nov Sale 24 Sale 24 Nov 25 124 Nov Sale 1 Nov 29 1 Sale 124 Nov 124 24 Sale 24 Nov 29 124 Nov 80 7124 80 Nov Nov 3 324 224 324 Sale Nov 7 Nov 8 24 Sale Sale Nov 3024 3024 28 24 Nov Nov 24 24 24 Nov > Sale Nov 524 624 624 Nov Sale 40 24 Nov Nov 43 24 Sale Sale Nov 1924 Nov 1924 2 0 24 13 24 12 12 24 Nov 1124 Nov Sale Nov Nov 95 9824 102 Sale Federal Motor Truck ._...* Federal Water Service A * Federated Department Stores.* 6% preferred 2124 2824 1824 1424 424 >4 Sale * Exchange Buffet Corp— Fairbanks Co 8% preferred. 100 . Sale 1424 Sale 3 * General 3324 1324 1 Nov 175 Sale 1524 Ex-Ceil-O Corp American 5 424 137 38 5 Gen Sale 3 Eureka Vacuum Cleaner Evans Products Co 5% 3324 Sale 5 (The). Boat 91,'500 General Railway Signal For footnotes 11 10 6 5H Eastman Kodak Co of N J * 16624 Sale 6% preferred ...100 173 176 Eaton Mfg Co 29 H Sale 4 Edison Bros Stores Inc 2 17 1624 5% preferred ...100 13,100 ...10 2,441,600 General Motors Corp >5 preferred.. * 42,900 23,900 Gen Outdoor Advertising A..* Common .......* 133,000 .....1 46,700 General Printing Ink $6 preferred ...* 1,340 39 !600! General Public Service... • . Sale Sale 6 15 Nov 224 24 11224 1324 2824 3724 8 Sale 116 $3 25,300 93,500 44,600 94,300 94,700 21 Sale Sale * 96,600 General Gas & Electric cl A..* $6 conv preferred A ..._.* 220 ._.* 44,100 General Mills 100 3924 824 18 24 80 24 924 3524 2024 1624 7924 13024 Sale 117 299,600 General Foods Corp.. $4.50 preferred 7,600 400 lty' Sale Sale 1,649,500 General 7,500 112* 116% 126 ..... 14,200 Sale $4.50 preferred * Duquesne Light 5% 1st pf.100 39,100 188,400 General Cable Corp Class A. 36,400 Preferred 7% 32,800 General Cigar Inc....... 44,400 7% preferred 7,820 "4,666 1924 Nov. 15724 12824 131 5 Highest Sale Prices 27 24 Nov Nov 1824 1224 Sale ... Lowest Sale Prices Sale 171 Eastern Airlines Inc Highest Sale Prices Sale (E I) .20 General Bronze 500 2824 1724 12 24 224 Ask 11424 120 100 Du Pont de Nem & Co Sale 22 * Duplan Silk 8% preferred 78 Sale 36 ....* Class A Gabriel Co (The) class A—..* Gair Co Inc (Robt) 1 40,700 120,400 38,500 23,580 1,010 86,100 19,200 2,300 64,100 5,100 90,000 115,700 2,830 3,200 11,000 2,500 2,500 30 Detroit Edison $7 preferred * $6 preferred * 159.400 * 51,300 Electric Storage Battery * 26,900 tElk Horn Coal Corp... -66r200 ELPaso .Natural. Gas Co——3[ 50 16,500 Endicott-Johnson 5% preferred —.100 I* 2,580 505,700 Engineers Public Service..... 1 $5 preferred * 20,800 $o.6u preferred * 13,000 $6 preferred * ! 5,800 * 59,200 Equitable Office Building 100 41,400 jErie RR 4% 1st preferred —10U 62,900 4% 2d preferred —.100 11,900 80 Erie & Pittsburgh RR——.50 37,300 192,400 281,400 7,700 8,650 137,900 100,500 40,800 1,820 24,100 12,400 91,700 29,600 33,500 7,800 27,600 83,000 190 19,600 19,900 13,600 21,400 2,000 Sale 372,000 600 11,200 3,500 20,330 4,300 4,000 2,100 14 Sale ^Denver Rio Gr & West pf_100 American shares 620,200 Electric Power & Light 200 140 Sale 2724 Delaware & Hudson 100 Del Lackawanna & Western.50 36,100 50,400 13,900 7,400 Sale Klec & Musical Industries— 250 314,500 3,000 1,300 4,700 5,700 27 24 17 24 195,000 20,000 340,800 Electric 636,500 Electric 14,100 1,600 23,800 50,900 1,090 21 '26 62,400 Eastern Rolling Mills 12,200 14,300 2,500 13,700 3,100 4,900 7,600 1,230 244,400 34,300 Sale Sale ... 110 4,700 86,000 29,000 11,800 5,200 1,500 5,100 ^ 2,600 * 20 ... Preferred Lowest Sale Prices Nov. 30 Delsel-Wemmer-Gilb Corp. .10 Ask Doehier Die Casting Co.....* * 197,900 Dome Mines Ltd .* 522,100 Douglas Aircraft Co Inc * 124,500 Dow Chemical Co 6,200 28,300 47,400 12,100 13,200 11,100 3,100 Bid Ask Bid Sale 20 24 Deere & Co 1 1940 Par 324,100 42,600 25,200 254,500 200,400 10,000 26,210 24,950 37,200 23,000 70,100 178,600 14,000 13,290 13,160 105,600 32,400 4,800 1,900 29,700 25,500 2,600 3,300 2,240 4,200 2,700 5,600 15,600 1,300 1,000 RANGE SINCE JAN. Jan. 2 N. Y. STOCK EXCHANGE Since PRICES IN NOVEMBER Price STOCKS In Feb 10 4 3354 Jan. 11 15*4 Jan 65)4 Nov. 14 24 H 13 5% Mar 7 Jan. 4 23)4 Apr. 27 106 May 1 23 54 Jan. 4 Mar 6 51)4 Mar. 14 N. Y. STOCK DEC., 1940] AGGREGATE SALES Since November Jan. 2 1940 EXCHANGE Jan. 1 22,600 3,200 7,200 1,600 15,700 6,300 40 47,900 4,400 37,200 2,100 1,900 190 147,400 15,100 1,200 5,300 3,300 5,500 100 28,200 131,100 10,200 460 236,800 27,000 98,200 9,000 159,400 100,600 4 %% conv 55,000 3,000 19,000 5,000 90 30.900 25,200 3,800 200 50 860 10,900 10 ... 14() 160 8,800 89,900 8,600 3,700 5,700 3,900 90,400 4,360 8,000 8,000 4,500 47,300 41,100 58,500 10 240 30,300 2,300 14,900 266,900 It ,600 2,400 20,200 4,300 158,100 64,000 30,300 14,400 124,900 151,200 181,000 20 370 200 900 500 100 Western RR.100 198,200 --- Preferred A Hall Printing 25 25 10 * Hamilton Watch Sale Sale 85 Sale Sale Sale 86% 1% 7 Sale 1 16% Nov. 13 Sale 85 14% 62% 17% Sale 84 Sale 63% Sale 2% Nov. Nov. 12% Nov. 58 Nov. 16% Nov. 82% Nov. 1% Nov. 30 Nov. % Nov. 83 Sale Sale Sale 12% 10% 14% Sale L0%fBale 9% Nov. Sale 12% Sale 34 Sale 14 Sale 12% Nov. 32% Nov. 23% 24% 16 Sale 25% Sale 20 Sale 137% 132 2% 2% 1 83% 16% 64% £19% 86% 2% 27 1 34 1% 1 14 % 9% 16 Sale 33% Sale 23 % 24 % 17 % Sale 26% Sale 28% Sale 34 140 60 Sale Sale 11% Sale 15 33 17 2% 21 Sale 27% 34 18% 16% 31% 35% Sale 18 108 103% 6% preferred -100 101 % Hanna~(M~A) Co $5pref-—- * 102% 27 Sale Harbison Walker Rerrac * 150 f 6% preferred 100 135 Hat Corp class A 7% 7% 1 87 91 6% % preferred 100 3 % Sale Hayes Mfg. Corp 2 Hazel-Atlas Glass Co —25 111% Sale 10 Sale Hecker Products Corp 1 109 Helmet(G W)_ 25 107 7% preferred 100 155% 160 15 Sale Hercules Motors * 89% Hercules Powder * 6% preferred 100 131 60% Hershey Chocolate * $4 co nv preferred -—* 113% 18 Hinde & Dauch Paper Co—10 33% Holland Furnace (Del) 10 5% Hollander (A) & Son 5 Holly Sugar Corp * .12% 7% preferred 100 102% 59 Homestake Mining 12.50 31% Houdaille-Hershey class A—* 13% Class B * li%a:13 23% 16% Sale 29 ' Sale 20% Sale 23% 17% 26% 20% 132 26 60 Sale 25 31 5% Nov. Nov. 7 Nov. 9 Nov. 19 Nov. 14 Nov. 19 Nov. 18 Nov. 18 Nov. 12 7% Nov. 1 12% Nov. 9 12% Nov. 10% Nov. 16% Nov. 36 Nov. Nov. Nov. 23% Nov. 18% Nov. Nov. 30 55 20% 131 35% 30% 24% 11% Sale 11% 10% 17% Sale 1% 1% 15 18% 1% Sale 9 30% 12% Sale 33 Sale 34 32% Sale 13% Sale 16% 14% LI Sale Ll% L7% 1% 11% Sale 1% 2% Ll% Sale 11% 33 32% 33 32% 13% Sale 16% 15% 101 104 17% 15 126 6% 95 2% 99% Sale 150 Sale 99% Sale 24 133% 6% 92% 2% Sale 96 Sale 8 Sale 92 93 Sale 31% Nov. 8 12% Nov. 12 11% Nov. 27 20% Nov. 12 2% Nov. 8 18% Nov. 8 2% Nov. 9 14% Nov. 12 27 26 12 6 27 27 8% Nov. 1 1 33 Nov. 6 14 Nov. 7 16 Nov. 27 £104 19 104 Nov, 27 14 105 6 27 Nov. 22 19 130 Nov. 19 Nov. 12 6% Nov. 6 Nov. 6 3 6 4 95 28 Nov. Nov. 20 8% Nov. 13% 110 Sale 34 Sale June 1 6 57% Nov. 4 113% Nov. 30 6 16% Nov. 33% Nov. 26 9% Nov. 8 12 Nov. 8 June 16% May May 5% May 83% June Jan. 10 Jan. 4 8 Nov. Apr. Apr. July 8 8 17 Jan. 8 Nov. 7 2 Jan. Feb. Jan. 6 29 Apr 5 Jan. 4 3 Jan. Apr. 29 Apr. 18 Apr. 18 Nov. 9 Nov. 12 Apr. 22 Jan. Feb. Jan. Apr. 12 5 9 16 12 166 Apr. 8 Mar. 20 21% Apr. 22 9 Nov. 22 100% Apr. 70 8 133% Jan. 30 126% Aug. Apr. 16 June 11 50 6I8 9 94% May 21 115% Jan. 4 18% Jan. 12% July 16 4 35% Apr. 19 May 21 9% Nov. 8 4% July 15 16% Apr. 20 8 May 21 103 28 8 30 113% Jan. 29 Apr. 8 - 12% May 23 Nov. 18 14% Nov. 7 4 Feb. 21 Feb. 8 Jan. 9 Jan. June 11 110 155 4 Mar. Apr. 9% Apr. 104 Apr. 4% Apr. Aug. 86 Apr. 9% Apr. 138 130 105% Nov. 19 54% Nov. 8 38 90 20% 69% 24% 97% 4% 71% 1% 4 26 22 11 19 9 19 8 106% Jan. 12 105% Mar". 30 4 28% Jan. May 9% May 10% May 100% June June 3 Jan. Mar. Apr. Apr. Sept. IP ?P 30 95 Jan. Nov. 14 19% 44% 4% 3% IP 8* June Nov. 129 9 65 7 14% 9% June 10% 6% June 10 10 16% May 18 26 May 21 36% 21% May 29 25% 18% 11% May 21 15% May 21 30 18% May 22 29% June 13 142 £123 55 July 30 35% May 22 17% May 22 12 May 29 14% June 26 25% 3% Aug. 22 I'A May 21 30% 4 2% 1% Oct. 1 14% 8% Nov. 9 77% Nov. 70 Nov. 126% Nov. 55% Nov. 108 Nov. 15% Nov. 30 Nov. 7 Nov. 10% Nov. 105% Nov. Sale 47% Nov. 36% Nov. 37% Sale 12% Nov. Sale 4% May 22 71 Nov. 25 97% Nov. 29 95% 97% 92 162% Nov. 29 155 Nov. 162% 165 16 17% Nov. 15 15% Nov. 15% 131% 61% 115% Sale Sale 6% 1% Oct. 18 May 22 % May 14 25 99% Nov. id 7% Nov. 13 95 21 22 21 21 26 21 16 21 21 22 June 11 Nov. 26 33 32% Nov. 20 1 32% Nov. 13 Nov. 22 15% Nov. 22 103% Nov, Nov. 22% Nov. 150 130 Nov. 6% Nov. 6% 95 95 Nov. Sale 2% Nov. Sale 16% Sale Nov Nov. Nov. Nov. Nov. Nov. Nov. 25 8 155 Nov. 104 103% 104% 101% 105 24 30% 10% 10% 16% 1% 15% 1 % Nov. 22% Nov. 139% Nov. Nov. 43 11 Nov. 30 44 38 Nov. 1 1% Nov. 26 5% 1% 1% 30% Sale % Sale 6% 69 65 7% Sale Sale Nov. 12 7 4 2 Sale Prices Nov. 14 Nov. 14% Nov. Sale Highest Sale Prices 4% May May May 30 May 1% Nov. 2 May 77 July 10 May 45 May 12% May Nov. 14 61 15 1% nVA 77 6% Nov. 63% Sale 1 * — * Hackensack Water 61% Lowest Sale Prices 7% Nov. 15 Sale Prices 1% 30% % L) Co 1 Greyhound Corp (The) * 5%% conv preferred 10 Grumman Aircraft Eng Corp_l Guantanamo Sugar * 8% preferred 100 Gulf Mobile & Ohio RR Co--* $5 preferred 40,700 3,120 344,600 18,800 162,200 12,500 750 25,700 2,000 18,300 2,300 83 Green (H 8,500 1,610 99,600 6,200 1,020 4r,690 95,400 40 44 13% 59% 18% Granby Consolidated Mining Smelting & Power Ltd 5 Grand Union Co (The)— With div certifs ——* 17,800 Without div certifs ♦ 23,500 -* 31,500 Granite City Steel 10 63,300 Grant (W T) Co 7,900 5% preferrod 20 228,900 Great North Iron Ore Prop—* 75,400 576,100 36,300 192,700 76,900 3,940 49,900 35,200 Sale 80 131,100 887,800 Great Northern pref 81,500 Great West Sugar Preferred 4,570 62% 14% 2% 2% Gobel 713,700 Graham-Paige Motors Sale 38 (Adolf) j Goebel BrewingCo.__ -1 570 Gold & Stock Teleg Co.—100 337,800 Goodrich (B F) Co 36,200 $5 preferred 439,900 Goodyear Tire & Rubber * $5 conv preferred 26,700 * 27,600 Gotham Silk Hosiery Preferred 100 1,630 1,600 3,600 preterred Sale It* * -• 50 $6 preferred Glidden Co (The) Ask Highest Lowest Nov. 30 Ask Bid 6% 61% * Gimbel Brothers 80 Green Bay & ~6", 600 Nov. 1 Bid Par Shares Share? RANGE SINCE JAN. 1 PRICES IN NOVEMBER Price STOCKS N. Y. STOCK In 35 EXCHANGE—STOCKS May May May -8% May 35 Mar. 36 13 110 60% Jan. 12 21 Apr. 18 22 38 16% Apr. 16 21 Household Finance— 400 17,000 10,600 2,600 500 14,200 14,600 31,600 26,100 2,500 510 770 9,800 4,000 7,400 3,200 40 14,900 85,500 8,210 3,800 740 9,300 132,700 3,700 3,400 3,900 30,000 1,600 15,600 157,100 7,400 97,500 274,666 105,000 600 1,140 2,000 4,700 3,600 200 45,100 3,500 8,500 150 2,200 2,700 20 3H Illinois Central RR ---100 6% preferred series A 100 Leased line 4% 100 RR sec stock ctfs ser A.1000 Indianapolis Power & Lt Co-_* Indian Refining 10 "*5% 28% Industrial Rayon Corp.* Inger&ol-Rand-. * 116 920' 6 % preferred 100 150% 6% 92,700 Inland Steel 3% 477,600 Inspiration Cons Copper 20 5% 55,510 insurant-shares Ctfs lnc 1 3 61,600 luterchemical Corp------—* 8% 6,030 6% preferred 100 4% 28,600 Intercontinental Rubber ♦ 1% 706,100 Interlake Iron * 1% 58,800 Internal Agricultural * 7 18,500 Prior preferred ---100 43,900 Int. Business Machines. 5% 0% 305,800 International Harvester * >5 10,600 7% preferred 100 4% 169,400 Internat Hydro-Elec Sys A.25 9% 1,130,400 International Mercan Marine-* 6% 61,200 Internation Mining Corp 1 International Nickel of Canada* Preferred 100 International Paper & Powerl5 5% conv preferred 100 Internatl Rys of Cent Amer_.* 5% preferred 100 international Salt-— * International Shoe-International Silver.. 50 7% preferred—.100 International Tel & Tel * Foreign share certificates.. Interstate Department Stores * Preferred 10 Intertype Corp* Island Creek Coal 580 $6 preferred 990,000 9,100 2,371,200 921,600 19,760 10,260 14,800 33,800 19,100 3,200 679,100 72,300 66,500 1,890 18,100 19,600 26,900 1,600 90 6,700 3,000 2,200 200 3,300 20 20,100 22,400 100 Jarvis (W B) Ce Jewel Tea Inc.Johmt-Manville 1 Preferred - -100 Jones & Laughlin Steel pref-100 Kalamazoo Stove A Furn Co 10 1,330 Keith-Albee Orpheum pref.100 Kelsey Hayes Wheel— Convertible class A Conv class B-- 2,020 Kendall Co $6 part For footnotes c Sale Sale Sale Sale see page 40. 1 1 pref »er A_* Sale Sale Sale Sale 166 Sale Sale Sale Sale Sale 88% Sale 5% Sale 109 Sale Sale Sale Sale Sale Sale Sale 4% Sale 7% Sale 0 133 Nov. 14 Nov. Nov. Nov. 18 June 12 Nov. j May Sale Nov. 18 25 Nov. 15 Sale Nov. 14 Nov. Sale Sale Nov. 9 Nov. 20 Nov. 1 10% Sale Nov. 14 Sale Nov. 15 169% 169% 24% Sale £23% Nov. 29 Sale 74 128 66 Sale 8 Sale 25% 27% 127% 13% Sale 47% Sale Sale 67 Sale [27 Sale L03% Sale 13% Sale Sale 93 39 29% Sale 28% Sale 105 105% 109 Sale 1% Sale 2% 2% 1% 8% 7% Sale 90% 85% 90% 9 16% Sale 37% 26% Sale !5% 38 2% 39% 37 Sale Sale 3 8 95 Sale 128 [19 4% Sale 17% Sale 13 13% 28% 17% Nov. 70% Nov. 2% Nov. Nov. 43 Nov. 38 Nov. 22 £30% Nov. 30 Nov. 13% Nov. Nov. 17% Sale 7% Sale 98'" June 10 15 I May 21 May 21 | May 29 [ May 22 May 22 I May 23 I June 27 Jan. May 21 May 21 May 22 June Jan 18% Nov. 14 9% Nov. 15 Nov. 30 4 103 Apr. 16 Nov. 9 15% Apr. 11 7% Nov. 18 ilP ilH Mar. 20 Mar. 28 Nov. 14 Jan. 2% Apr. 38 Jan. 4 5 3 5 5% Jan. 14% Apr. 26 7 Jan. 38% Jan. 3 4 11 3 29 38 36% Jan. 30 10 17 52 Jan. 8 Mar 27 4 15 77% Jan. May 22 132 I May 15 104% 16 I June 10 May 28 121 7% May 21 Nov. 15% Nov. 20' 6 7 Nov. 99% Nov. 4 May 23 June 21 127% Nov. 15 Nov. 11 15 June 11 i 9 14% Nov. 12 102% Nov. 5 May 16 May 15 May 21 22t 103 6 3 Jan. Nov. 19 5 Nov. 19 105% Nov. 19 5 4% Jan. 3 4% Jan. 3 10% Jan. Oct. 4 92 Jan. 9 29 Nov. 14 May May May May 6| 20% Nov. 1 Jan. May 28 May 23 May 21 Nov. 19119 Nov. 61 5% Nov. Apr. 73 Apr. 5% Jan. 24 6 56% Feb. Nov. 13% Nov. Nov. Nov. Nov. Nov. Nov. 6 I May 21 May 18 June 10 Nov. Nov. Nov. 48% 67% 23 128% 6 104 % II 14% 25 Apr. Jan. June 3 133 21% May I May 21 Nov. Nov. 94 Feb. June 11 191% Mar. 12 4 May 22 62% Jan. Jan. 22 May 25 171 Nov. 127% Nov. 28 17% 14% Sale Nov. Nov. ! May 21 8% Nov. Nov. Nov. 16% 16% 8% Sale 99%! 103 90 Nov. Nov. 105 106% 100 8% 7% 7% Sale 105 [01% 109% 102 11% Sale 7% Sale 105% 2% 2% 8% Nov. [03 90 Sale Sale Nov. 13 12% 46% Sale 62 61% 125% Sale 101% Sale 12% 13% 119% it* 28% Nov. 14 140 Nov. 0% 9 Sale 2% 22 I May 22 I June 11 ; Aug. 16 Nov. 22 4% Nov. 36% 4 9 Sale Sale Nov. 9 Sale 5% 3 23 Nov. 26 16% 5 3 Jan. Nov. 70 16% 28% •7% 100 4% Sale 4% Sale 3 Jan. Nov. Nov. 19 2 Jan. 157 Sale Sale 4 2 13% 24% 43% 6% 9% May 23 29 i May 21 May 25 118 June 26 158 Nov. 12 Sale 2 17 Jan. Nov. 14 Nov. 14 5% Sale Sale 4 3 Jan. Sale 4% Sale 1 8 Nov. 4 Sale May 18 ; Nov. 27 13 21 6H Feb. 2P Nov. 12 26 20 20 5 22 24 15 14 Nov. 12 8 Nov. 13 Nov. 19 54% 71% Apr. 24 111% May 6% Jan. 22 15 50% Feb. 1% Feb. 25 22 15 .6% Sale 2% 7 Nov. 12 54% May Aug. 3% May 28 Aug. % Oct. 2% May 12 May 3 May % May 103 May 21 May 21 130 Sale 2 Nov. 15 Nov. 140 Sale 4% 8 Sale il* Sale Sale" Nov. 20 Nov. Sale 39% 118 88 157,000 Sale Nov. 25 60 Nov. 62% 64 Nov. 107% 109% 110 3% Nov. 4% Sale 33% Nov. 35% Sale % Nov. % Sale 3 3% Nov. 3% 17% Nov. 17% Sale 4% Nov. 4% Sale % Nov. % 38% 3% Sale 20% Sale 5% Sale 24% 107 105% 157 155% Sale 87% Sale 13% Sale 7% Sale 23% 110% 111% 4 3% Sale 10% 2 1% 29% 32% 160 158% 14% Kansas City Lt 1st pref ser B_* 120 37,700 Kansas City Southern--* 7% Sale 19 9,900 4% preferred 100 13,500 Kaufmann Department Stores 1 15% 900 5% conv preferred 100 95 100 14 15 14,300 Kayeer (J) & Co 5 232.700 Sale 4* 410 950 110 12% Sale 23% 24 40 Sale 6% 6% 257,800 29,500 5,660 6,700 10,400 33,000 79,500 38,100 68,600 38,200 143,800 4,180 100,300 22,700 5,100 4,800 16,500 Sale 68% Sale Common stock —* 5% preferred 100 110% 114 6 Sale Houston Oil of Texas v t c__25 49% Sale Howe Sound Co 5 Hudson & Manhattan 100 5% preferred 100 26 Sale Hud Bay Min & Sm Co Ltd —* 5% Sale Hudson Motor Car * 1 Sale JHupp Motor Car Corp 1 20% 15% 21 102% 21 15^ 23 23 9 109 Jan. Oct. 29 Apr. 4 Mar. 15 Apr 4 Nov. 15 Jan. 8 Nov. 12 Jan. 8 Apr. 18 18% Nov. 14 8% May 21 19% Apr. 28 4 % May 22 87% June 20 103% Apr. 16 N. T. STOCK EXCHANGE—STOCKS aggregate II sales prices in november Price STOCKS Nov. 1 Par Shares 23,600 102,700 5,500 16,600 68,800 31,000 53,700 90,200 1,880,900 300,400 10,000 4,058,200 119,900 71,400 32,200 L1,100 100 * * * * * 1 * * Loft Inc — -1 Lone Star Cement Corp * Long Bell Lumber A -* Loose-Wiles Biscuit -25 5 % .preferred. , 100 160,600Lorillard (P) common---— -10 v ._ Preferred -—-100 6,000 -* 41,700 Louisville Gas & Elec A— 1001 53,100 Louisville & Nashville — MacAndrews & Forbes Co.-10 100 6% preferred Mack Truck Inc * Macy (R H) Co Inc * Madison Square Garden. — -* Magma Copper ---10 Manati Sugar Co --1 Mandel Bros ---* Manhattan Shirt —25 Maracaibo Oil Explor 1 Marine Midland Corp --5 Market Street Ry prior pref 100 Marshall Field & Co * Martin (Glenn L) Co 1 Martin Parry Corp * Masonite Corp 7,000 15,700 86,770 250.500 982,600 877,200 54,900 3 Kinney (G R) $5 prior preferred -10 Kresge (S 8) Co... Kresge Department Stores. -.1 Kress (S H) & Co Kroger Grocery & Baking. Loew's Inc $6.50 preferred- 20,300 339,200 14 Sale Preferred Lily Tulip Cup Corp. Lima Locomotive Works Link Belt Co——— Lion Oil Refining Co Liquid Carbonic Corp.Lockheed Aircraft Corp 16,000 1,320 192,200 149,300 24,000 31,200 133,200 Sale * Keystone Steel & Wire Co. Kimberly-Clark Laclede Gas Light 100 5% preferred 100 Lambert Co (The) * Lane Bryant * Lee Rubber & Tire 5 Lehigh Portland Cement 25 4 % conv preferred 100 {Lehigh Valley KR Co 50 Lehigh Valley Coal ._* 6% convpreferred... 50 Lehman Corp. (The) 1 Lehn & Fink Products Corp-.5 Lerner Stores Corp * Libbey-Owens-Ford Glass * Libby McNeill & Libby. 7 Life Savers Corp 5 Liggett & Myers Tob com—-25 Series B 25 128,500 15,000 Ask _» 1,204,400 Kennecott Copper 3,410 5,120 64,900 10,500 69,500 40,000 3,160 97,800 101,500 66,700 223,100 27,000 24,200 192,900 Sale Sale 4% Sale Sale Sale Sale Sale $3 preferred $6 1st preferred McCrory Stores 6% conv preferred McGraw Electric Co McGraw Hill Publ Co. * --1 100 Sale Sale Sale Sale 13 % 28 % Sale Sale Sale 34% Sale 133 134% 27% Sale 29 12 Sale Sale 34 Sale 3 Sale 7 6 15% Sale i % 4% 4 14* 40% 8% 36% 25% 98 c Sale Sale 28% Sale 6% Sale 31% 14% xl4 37% 1% 1% 24 23% 38 iih 129 28% 26% 10% 31% 1% 5% 14% % 5% 30% 25 2% Nov. 27 25% Nov. 22 26% Sale 28 131 Sale Sale 15 13 12% 5% 22% 22% 11 Sale Sale 6 15% Sale Sale Sale 29% 169 "53% Sale 26% 100 Sale 110 25 8 Sale Sale Sale 27% 26% 10% 30% 2 7 Sale Sale 30% 141 Sale Sale 11% Sale 2% Nov. 26 Nov. 28 Nov. Nov. 23 Nov. 1 Nov. 6 Nov. 30 Nov. 1 1 Nov. Nov. 6 Nov. 27 Nov. 25 Nov, 16 Nov. 14 131 8% Nov. 18% Nov. 13% Nov. 7% Nov. 27% Nov. 24% Nov. 116% Nov. 2% Nov. 1% Nov. 4% Nov. 24% Nov. 13 Nov. 26% Nov. 47% Nov. 7% Nov, 41 % Nov. 98% Nov. 99% Nov. Nov. 4 39 Nov. 14 Nov. 1 12% Nov. 19 Nov. 6 17 Nov. 6 Nov. 2 33% Nov. 12 30% Nov. 12 Nov. 12 6 107% Nov. 28 Nov. Nov. 13 21 % Nov. 22 Nov. 7 40% Nov. 14 Nov. 1 4% Nov. 15 Nov. 20 Nov; 8 Nov. 27 Nov. 1 Nov. 29 Nov. 30 26% Nov. 30 10% Nov. 25 30% Nov. 30 1 1% Nov. 6 Nov. 20 Nov. Nov. 18 29% Nov. 14 Nov. 15 28% 10% 34% 2% 6% 172 Nov. 29 Nov. 25 im Nov. 7 Nov. 16 9% Sale 9% Sale 6 22 23% Apr. 21 29% Jan. 41 21 Apr. 15 14% Apr. 21 18% Mar. 3 Apr. Mar. 21 22 109% Apr. 21 39% Apr. 29 June 3 46% Jan. 2 4 May 15 Apr. 18 13% June 10 Jan._ 5 Nov. 18 Nov. 14 June 25 Nov. 22 May 21 10 21 23 22 11 Nov. Nov. June May May June June May Nov. May May 21 May 31 May 28 Nov. Feb. 5 Feb. 6 29 Sale Sale 23 25 4 17% Sale1 19 20 7 21 Nov. 36 Sale 37% 9% Sale Sale Sale 14 Sale Nov. Nov. Nov. Nov. Nov. Nov. May May May Aug. May May May May May May 24 22 21 Nov. Nov. Nov. Nov. Nov. June 26 Sale Sale 108 Implem—1 Sale * Sale Sale 3% Sale 4 Sale 59 Sale 11% Sale 9% % Sale 2 Sale Sale Sale Sale c Sale % Sale % Sale 13% Sale 86 118 119 Sale 115% 120 Sale 44% Sale Sale Sale Sale Sale Sale 11% 69% Sale Sale 52 2 38% 11% 15% Sale 38 6 39% Sale 40% 110 117% 121% 122% 117 Nov. 2 122% 49% Sale 43% 44% 43% Nov. 29 50% Sale 108 106% Sale 103 Nov. 6 108 48 39% 33% 29% 13% 17% 22% 4% 53% 11% 73 110 Sale Sale 35% Sale Sale 60 Sale 1& % 14 u¥a Sale4 39 a;79 117 115 42 11% 28% Sale 13 12% 17% Sale 22 21% 4% 4% 53% Sale 11% 11% 75 68 Sale Sale 23 Sale Sale 13% Nov. Sale 119% 123 38% Sale 70 110% 115 Sale" 8 7% Sale 50 47 51% 51% 6 6 6 3% Nov. 1 47% Nov. 6 9% Nov. % Nov. 18 1% Nov. 19 1 % Nov. 2 % Nov. 117% 36% 36% 27% 12% 17% *21% 4% 61% 11% % 2% % Nov. Nov. Nov. Nov. Nov. Nov. % Nov. 15% Nov. 87% Nov. Nov. 25 Nov. 6 116 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 4 Nov. 47% Nov. 11% Nov. 70 1 8 121 * Nov. Nov. 20 41% Nov. 13 43 29 30% Nov. 14% Nov. 18% Nov. 23% Nov. 5% Nov. 56% Nov. 12% Nov. 28 1 7 27 6 28 Nov. 20 6% Nov. 48% Nov. 22 6 2 3 Jan. 4 Nov. 14 4 May 9 Oct. 23 Nov. 23 75 Nov. Nov. 8% Nov. 50% Nov. Nov. 18 Apr. 16 Apr. 15 Jan. 8 Nov. 27 4 53% Jan. 4% Feb,. 23 30% Apr. 3 Mar. 29 8 16% Jan. 8 17% Apr. 21 111% Nov. 14 21 29 Apr. 3 6 9% Apr 25 26 3 47% Jan 15 8 12% Jan. 281 Apr. 1 28 Apr. 1 75 Sale ayApr. May Jan. 14 105 66% 30% 4% 25% Sale 2 10 11 May 22 May 21 1 8% *13% 8 8 12 173 May 22 May 22 May 23 7 Sale 15 June Nov. 14% 15 Nov. 66% Nov. 1 6 27 27 32% Apr. 15 75 Nov. Nov. Nov. Nov. Nov. 13% Nov. 36% Nov. 4 3 10 68 Nov. 18 3 15 15 5 10 21 80 29 11 20 June 8 21 73 65 3% 20% 16% 35% 8% 19 June Nov. 1 66% Sale 29% Sale 3% Sale 4 5 8 Mar. 8 38 4% Apr. 18 7% Mar. 11 7 16% Jan. 31 73 3% 3 14 Jan. 3 May 22 35 Sept. 4 136% May 10 May 24 29% Nov. 14 May 21 31 Apr. 15 70 Sale 4 12 26 Nov. 18 May 13% May 27 May 9 May 10% May 22% July 20% May 97 May 15% May 63% 80 11 9 32% Nov. 1 105 8% Nov. 19 181 5 12 5% 12% 16% 47% 14% 40% Nov. 27 173 Nov. June 16 22 5% Nov. 3 9 87 87 June a 100 Feb. 16 Feb. 26 4 4?* May Aug. May May May May May May 16% 35% 13% 30% 28% Nov. 29 26 29% Jan. 34% Apr. 169 33 June 9 6 6 Jan. 3 Nov. 9 Apr. 18 Jan. 24 Apr. 8 May May May May 30 5 8 Nov. Nov. 28 38% 15% 46% 2% 31% 21 9% Jan. 23 21% Sept. 15 16% Jan. 28 7% Nov. 21 35% Jan. 22 24% Nov. 10 116% Nov. 4 Jan. 23 17 1% Jan. 17 4% Nov. 21 24% Nov. 14 Feb. 18 Jan. 21 29 10 53% Jan. 15 Apr. 28 Apr. 22 109 Apr. 22 109% Apr. Nov. 12% Nov. 23 Nov. 4 May 8% May May 3 % May 16% May 15% May 100% June 1 % May % Apr. 2 May 15% May 9% May 18] May 12 Nov. 6 6 21 21 21 22 20 May 23 2 May 21 22% Aug. 13 23% May 22 Nov. 28 4% Nov. Nov. 8 Sale Sale 7 4 % 24% May 10 May May May May 27% 1% 17% 19% 14% Nov. 8, 109 * N0VT26 rro£%~May~23tT09 18% Nov. 27 25% 20% Nov. 8 160 Nov. 18 138% May 31 162 15% May 21 21% 20% Nov. 4 38 65 Nov. 14 May 18 65 Nov. Sale 105 25 1 8 14 8 19 14 14 8 1 8 6 27 Sale" 50 Sale Nov. 49% Nov. 29 53 3 Nov. 2% Sale 2% 2% 2% Nov. 28 Nov. 25 24% 26% 24% 25% Nov. 25% 25 2 102% Nov. 101% 103 102% 101% Nov. 13% Sale 13% Nov. 12% Sale 12% Nov. 30 Sale 15 15% Sale 14% Nov. 27 16% Nov. 108% Sale 110% 111% 108% Nov. 1 111% Nov. 24 24 25% Sale Nov. 27 27 Nov. 24% 8 8 Nov. 27 8% 8% 9% Nov. 8% 35% Sale 32% Sale 32% Nov. 30 37% Nov. Sale 8 6 7% Nov. 9% Nov. 7% Sale 4 Sale 5% Sale 3% Nov. 28 5% Nov. 26 Sale 29% Sale 25% Nov. 22 30% Nov. Sale 6 7% Sale 7 Nov. 7% Nov. Sale 9 15 12 21% Nov. 52 100 8 8 Nov. 15 Nov. 27 27 9 Nov. 27 6 Nov. 28% 172 Nov. Nov. 18 14% 31% 9% 26% 16 Sale 26 2% Nov. 28 26% Nov. 8 31% Nov. 1 Nov. 18 181 4% 12% 15% 32% 12% 26% Sale Nov. 14 Nov. 9 Nov. 14 Nov. 8 Nov. 1 31 Nov. 13 132 14 Sale 37% 15% 40% 2% 25% 29% Nov. 28 Sale Sale 7 Nov. 27 Nov, 19 Nov. 16 5% Nov. 6% 13% 1 31% 37% Sale 133 Nov. 27 6% Nov. 25 7 17% 12% 6% 24% 23% 30 Nov. 27 Nov. 20 Sale 113% 115 116% 113 Sale 2% 2% Sale 1 Sale Sale 3% 3% Sale Sale 21* 21% Sale Sale 11% 11% Sale 25 25 24% Sale 42% 44% Sale 7 Sale 6% Sale 14% Sale iw 29% Nov. 6 Nov. 28 Nov. 13 Nov. 26 Sale 16 Sale Sale 5% Sale 23% Sale 100 Min-Honeywell Regulator Co_ * 4% conv preferred ser B—100 40. Sale 15 Sale For footnotes see page 26 33% 10% 29% Sale Sale Murphy Co (G O) 5% preferred-. ---100 Murray Corp of America 10 Myers (F K) & Bro—— * Sale Sale -o Montgomery Ward & Co * Morrell (J) & Co -* Morris & Essex --.-..--50 Motor Products * Motor Wheel Corp 5 Mueller Brass Co 1 Mullins Mfg Corp class B 1 $7 preferred * Munsingwear —....— 1% 23% 25% 2% 3% Sale Miami Mo-Kansas-TexasRR * 7% preferred series A 100 {Missouri Pacific 100 5% convertible preferred-100 Mohawk Carpet Mills -20 Monsanto Chemical Wks 10 $4.50 preferred * Preferred series B * 2 Sale 9 Mid-Continent Petroleum.-.10 Midland Steel Products --* 10 37 Sale Sale Sale $6-50 preferred-- 13% 38 _ Sale Mission Corp Highest Sale Prices - 1 Minn Moline Power Lowest Sale Prices i?8 Mengel Co — -1 5% conv 1st preferred 50 Merch & Min Transp Co.—* Mesta Machine Co 5 8% 1st preferred 11 25 44% 6% 41% Highest Sale Prices tale Sale Copper 2% % 3% 23% Sale Ask . Sale Melville Shoe Corp—.—. 112 Lowest Sale Prices Nov. 30 Ask Bid Sale 34% 38 38 40 Sale Sale 95 95% 98% 95% Sale Sale 97% Sale 94% Sale z94 178 % 176% 181 184 189 181 21 Sale 19 18% 21% 19% Sale 25% Sale 23% 25% Sale Sale 37% Sale 38% 38% 35% Sale 9% Sale 11% Sale 9% Sale 17 15% Sale 15% ale 30% Sale 30% Sale 28% Sale 27 Sale 30% Sale 26% Sale 106% Sale 107% 109% 106 Sale 21% Sale 20% Sale 19% 46% Sale 36 37% Sale 40% Sale Sale 4 3% Sale 3% 3% Sale 14 Sale 14 14% 15 109 110- 108-%~108— 109! lt?8%T09%ftt) 7% 24% Sale 20 Sale 19% 18% 18% 156% Sale 153 Sale 159 153 20% Sale 20% 20% 18% 19% 18% 58 % Sale 61% Sale 59% 59% Sale --1 6% conv preferred 7 18% 12% 5% 100 * $6 preferred series A * $5.50 pref ser B with warr—* McLeilan Stores Co 8* 24% 23% 22% 114 J* —1 * Mead Corp 34% 14% 36% 1% 25% 25% 2% Sale {McKesson & Robbins, Inc.-.5 $3 series conv pref * 750 „ -* * Mclntyre Porcupine Mines.—5 McKeesport Tin Plate. 10 7,200 94,000 76,000 26,620 49,540 46,800 237,400 157,300 74,500 9,120 63,700 3,510 95,700 11,500 74,200 65,700 128,800 22,550 133,000 39,000 135,100 3,470 3,100 878,900 3,900 19,720 132,200 88,200 45,500 96,400 15,310 38,800 25,300 1,390 241,100 7,600 — McCall Corp Bid Sale 30% 94,900 Mathleson Alkali Works-—.* 7% preferred 690 100 161% 52 % 10 71,200 May Department Stores * 3*1 22,800 Maytag Co (The) 6,300 2,480 34,700 124,300 8,500 76,400 24,500 72,100 191,800 440,700 108,100 52,000 1,530 124,300 1 1940 Jan. 1 57,500 36,200 19,000 10,840 179,000 4,900 43,300 261,800 range since jan. Jan. 2 N. Y. STOCK EXCHANGE Since May May May May May June 22 13 22 21 21 21 24 21 15 10?* June 5 5 4% Apr. 24 61% Nov. 26 21 11% Nov. 15 18 22 & 27 May 21 May May May May May May May May May 3 6 2 21 Nov. 25| June 4 15 Feb. 21 26 28% May 27 38% Nov. 13 12% Apr. 10 17% May 9 40% Nov. 26 122% Nov. 25 54 Apr. 8 110 Jan. 20 Jan. 2 Jan. Jan. June 21 May May May May Jan. Apr. 14% May 85 May 82 May 34% Mar. 6% Jan. Jan. 19H 119 Jan. 119 May July 31 122 Oct. 56 Jan. 3 45 Feb. 2 30H Feb. Apr. 18% Apr. 26% Jan. 18 4 _ 24 1 9 5% Nov. 14 56% Nov. 14 15% Mar. 20 83 111 Mar. 29 Feb. 14 8% Nov. 14 53 Apr. 8 NT. Y. STOCK Dec., 1940] AGQREOATE SALES In November Shares 37,900 1,240 37,700 7,000 2,100 18,500 55,200 900 2,000 300 2,700 11,000 8,200 39,200 1,990 3,560 6,000 1,200 33,700 3,500 31,700 1,600 46,700 400 850 6,400 700 58,700 19,200 26,900 3,300 3,800 3,660 19,200 5,900 3,700 600 250 1,900 20 12,700 "35,400 36.800 1.500 2,900 276,300 8,100 30,200 3,500 1,500 1,800 110 10 110 60,100 7,800 3,300 55,800 1,200 2,900 430 113,300 3,100 3,300 93,200 170 54,100 500 140 5,100 Since EXCHANGE 1940 Par Bid 21 22 k 15 15k 1 Nat Automotive Fibres Inc-.l 6% conv preferred. 10 National Aviation Corp -5 National Biscuit Co 10 National Acme 6 Co__* 91 National Dairy Prod Corp. 7% preferred class A 7% preferred class B National Dept Stores 6% preferred 16 94 k Sale ioo 100 » * Enamel & Stamping National Gypsum Co Nat —1 -* $4.50 conv preferred -10 National Lead Co 7% preferred A 100 6% preferred B -—100 Nat Mall & Steel Cast Co * Nat Oil Products Co 4 National Power & Light .» National Steel 25 National Supply Co of Pa.__10 f2 conv. preferred k% prior preferred 40 100 Sale 16J4 15*4 116k 13 6 k' 24 k 12 H l\H 20 25 k 8 9 940 79',900 80 7,500 31,800 130 40,100 5,200 800 1801 19.266 21,500 1,090 1,160 2,160 200 23,400 5,900 3,400 320 120 45,600 3,800 101,800 58,500 200 3,300 500 10 25k 40k 110 North States Pow Co $5 Telegraph Norwalk Tire & 200 5 150, 800 122 500 "52k l54 Sale a 800 23, 600 80, 900 37, 100 100 200 27,100 3,700 68,800 2,100 450 13,100 1,000 2,500 13,200 28,880 6,800 91,070 61,200 478,800 29,700 4,720 93,700 114 57 60 k & 22 k k k 57 k 56k 17k Sale 89 Sale 93 k 7k 95 Sale 111k Sale Sale Sale Sale 43 Sale Sale 56k 57 55 k 55 k 18 Sale 96k 98k 6 k Sale 101 103 3k 17k Sale m 143 Sale 42 k 23 52 103 4 16k Sale Sale Nov. 8 Nov. 14 Nov. 6 2 Nov. 27 19k Nov. 14 Nov. 29 96 Nov. 6 8 k Nov. 12 Nov. 36 Nov. 12 114 Sale 145 Nov. *142kNov. 9k Nov. 145 Nov. 26 Nov. 9 16 Sale 40 Nov. 47 Nov. 15 24 Nov. 25 Nov. 30 51 Nov. 53 Nov. Sale" 115k 47 k 8k Sale 2k Sale 13 k 54 k Sale 9 3k Sale 45k Nov. 28 7 7 k Nov. 3k Nov. 12 Nov. 14 7k Nov. 11 Nov. 14 29 k Nov. Sale 12k Sale 152 Sale 1534 Sale Sale 3k Sale Sale 15k 8k k 36k Sale 7k Sale 9k 9 39 103 Sale Sale Sale 98 Sale 15 Sale 10k Sale 20k 16k 9k 1 2k Sale * 32 k Sale 31k 2.60 21k Sale 19 2 Sale 46 49 Sale Sale Sale Sale 20 9 Nov. Nov. Nov. 1 99 6 Nov. 1 2 Nov. 1 31k Nov. 28 10k 16k 2k 34k Nov. 28 23 k Nov. Nov. 30 Nov. 6 2k Nov. 22 2 k Nov. 6 32k Nov. 14k Sale Sale 22 k Sale Sale 39k Sale 22k Sale 38k 37k 2k 10 3 Ilk Sale 39 Sale 37 Sale 22 Sale 7k Sale 43 85 k Sale 13k 22k Nov. 20 Nov, 6k Nov. 7k Nov. 32k Nov. 42k Nov. 82k Nov. k Nov. 13 k Nov. 8 k 27 Sale 23 k 20k 22 k 8k 6k Sale 19k 6k 7k 34 k 44 k 84 k % 20 Sale Sale Sale Sale Sale 20k Sale k 13k 43 44 81k k 83 k 6k '7k 34 k 42 k 83 2k 10 6 14*1 Nov. 30 21k Nov. 27 Sale 43 k 1 87 2 18k 9k k 38k 99 k 15 20 10 1 23 43 Nov. 2k Nov. 9 _ Nov. 18 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. lk Ilk 8k 47 k 90 k 2k 3k 42 k 15k 25k Nov. 37k Nov. 27 20 Nov. 14k Nov. 2 Nov. 1 Nov. Nov. 27 1 Nov. Sale Sale 8 45 6 June 4iH 13 _ 20 16 27 29 25 19 12 13 ■4 14 k 47 k 47 k 15 84 k 4k 15 Jan. May May May May May May May June May 13 14 14 23 15 Nov. 27 Nov. 8 47 May 24 115 k May 24 42 June 10 4 k June 10 4 3 9 Mar. Apr. 22 Apr. 22 Mar. 11 AUg. Jan. 15 4 3 Jan. 4 k Jan. 11 26 k Apr. 22 — - Apr. May 6 4 Nov. 30 Jan. 3 8 Jan. 10 Jan. 3 Jan. Nov. 29 Jan. 3 12 May May 3k May 9k May ?§* May 33 May 8 May May 115 8 6 13 Jan. 4 Apr. 15 k Apr. 15 Jan. 3 16k Jan. 4 50 Mar. 12 154k Nov. 29 4 7k Jan. 8k Nov. 18 4k Mar. 11 25 k Apr. 4 June 12 10 Jan. 2 45k Apr. 5 1 10 31 Nov. 29 99 Nov. 25 102 Oct. 10k Nov. 7 18 lk May May May 19k June 15 May 15 May 23 May Feb. 2k 44 k 23 k 2k 12 k 10k 62 k 96 k 4k June Nov. 12 6 Apr. 9 Nov. 7 Mar. 12 Mar. 4 May 13 Jan. 5 May 8 Jan. 8 Feb. 17 4 11H 42 k Nov. 14 5 16k Jan. 25k Nov. 15 Nov. 27 23 43 13 1 70 7 k Mar 20 13 k Nov. 29 . 6 10 k Apr. 26 139 Oct. June 17 Jan. 14 6k Jan. k May 26 k June 99 Sept. 4k May 64 May 6k May 15 May May 31k July 13 k May k May 5k May 5k June 11* 22 Jan. 34 June 71 Jan. 64 12 2k June 12 55 120 6k Jan. 23* Feb. 2 2 Nov. 25 3 Jan. _ Nov. 291 14k 3 Jan. e 10' 8k May 7 4 21 23 k Apr 4 7k May 21 14k Mar Mar. 28 95 May 23 I 2 2k May 22 5k Apr. 4 4 Ilk June 11 18k Jan. Nov. 26 124k June 11 145 3 7 May 21 12k Jan. Nov. 15 21 May 21 47 4 19 June 10 32k Apr. Nov. 6, Nov. 15 Jan. 10 k May Nov. Nov. 14 7k Nov. 12 38 Nov. 19 Jan. May 29 85 1 6 Nov. 12 Nov. 12 Nov. 12 Nov. 13 4 20 Nov. 9 Feb. Jan. 44* 27 2 3 Nov. 14 Sept. 26 12 4 Nov. May Nov. 14 Nov. 23 Jan. 3 28 Nov. 23 Nov. 27 29 2k Ilk 43 k 27 k 3 3 4 58k Nov. - lk June May 17k May May May 6k Nov. 6k May 25 k June 37 k May 2 Jan. Jan. 25k Mar. 13 91 Apr. 29 53 k Apr. 6 23 35k 22 226 k 25 114 21 22 22 14 5 15 44 _ Sept. 18 Jan Apr. 2 10k Apr. 11 10k June 24 k Apr. 27! k Oct. 24! Oct. 30 Oct. 44 Sale 6k May 20k May 3 k May 4k May 104 May tlO Apr. May May Sale 27 40 k 1!" 21 39 21 33 k 8k 21 22 12k 21 115k 27 117 k 15 5 44 33 * 30k 9k 8k 2 1 39 42 k 37k 99k 8k 92k 9k 20 Phelps Dodge 25 Philadelphia Co pref 6% 50 $6 preferred * Philadelphia & Reading O & I_» 38 k 8k 73 k 9k Nov. 14 3k Nov. 12 Nov. 15 15 Ilk 9 Jan. 144 Nov. Nov. Nov. 26 Nov. 27 24k 4k 12?4 22 k Apr. 3 29k 14k Nov. 20 26 k Nov. 9 109 k May 21 50 18k May 21 May 21 21k 154k Nov. 29 1 5k Nov. 18 1 8k Nov. 18 9k Nov. 27 7k Nov. 4 2k 3k 41k _ 1 Sale Sale 16 Nov. 25 123 Sale 3k 34k Sale 3k 5k 3k 14k Nov. 28 Nov. 28 Nov. 28 10k 8k Sale 10k 7k Sale 7 9 k Nov. 19 Nov. 30 7k 6k 10k alVA 26k 27k Sale Sale 38 36 k 36k Sale 12 12k 13k 120 123 k 119k 120 Sale 7 52 k Nov. 2k Nov. 27 13 6k Nov. 22 11 Nov. 14 10 3 k 8 Sale 3k 15k 1 Nov. 12 50 Sale 7 12 Nov. 12 Nov. 25 7k 11 Nov. 8 Nov. 12 Nov. 9 53 8k 92 k Sale 6 31 L 7k 19k Ilk 104k 5k 18k 6k Nov. 16k Nov. 10k Nov. 8 26 4 Jan. Jan. Nov. 12 Nov. 24 k Sale o 37 57 Sale 37k Sale 99 k * 23 k 105 k 105 Nov. 29 Oct. Apr. Jan. 96 20 k July 20 6 k May 24 Nov. 30 1 21k Nov. 57k Nov. 18 16k 56 k 55k 16k 93 k 6k Nov. June 12 110 100 Nov. 9k 41k 8k 10 35k Nov. 19 5 k May 22 48 May 21 4k May 24 8 May 23 26 k May 24 34 Aug. 5 3k Jan. 4 7k May 21 8k Oct. 14 14 May 21 72 July 31 36 May 22 20 110 Apr. 17 Jan. 3 Jan. 3 May 29 173 k Jan. 31 June 19 148 k Jan. J29 Jan. 4 27 13 k May 21 175 2 a 22 8 Mar. 12 132 Nov. 26 Nov. Nov. 103k 102 Sale 3k Nov. 5k 3k 17 100 10 Nov. 20 Nov. 30 225 Nov. 13 114 Sale Sale Sale Nov. 23 6k 17k 10k Sale Sale 40. Nov. 23 112 Sale 3 For footnotes see page Nov. 15 6k 17k 10k 3k 1 3 11 7 8 112 Nov. Nov. 14 k May Jan. xl60 1 Nov. 16 25k Nov. 14 Nov. 13 34 152 * 26k Nov. 12 6k Nov. 15 2 2k 1,000 Philco Corp Nov. 28 Nov. 14 Nov. 41k 14k 5 4 13k Nov. 29 .» Corp. Nov. 30 10 Pfeiffer Brewing Co 33 14 30k Penn Coal & Coke Petroleum Nov. 27 32 29k 10 1 16k Nov. 12 17k Nov. 12 13k Sale 132 Nov. 49 Nov. 27 30 Sale * Nov. Sale 30 Sale 100 100 1 4 Nov. 12 Nov. 14 June 19 66 k Nov. 9 k Nov. 22 6 20 k Nov. 120k 12k 7 3 29 8 3k Nov. 14 Nov. 15 34 15k Nov. 7 Penn-Dixie Cement Pet Milk.. Nov. 39 115 6k 100 100 Nov. 13 8k 72 k 8k 12k 1 120 23 k Sale 100 100 % „ 16 k 87 k 2k t Peoria & Eastern Ry Pere Marquette Ry 5% prior preferred 5% preferred Nov. 37 Nov. 6 Nov. 28 Nov. * Parke Davis & Co 25 Nov.19 Nov. 20 50 Sale 15 20 Nov. 14 2 55 Sale 14 15 114 6k Sale 16 Nov. 20 14k 44 k 7 30 115 112k 113k 113 38 37 36 36k Sale 3 2 2k * Mines k Sale 32 114 55 k 1 1 8 22 k Jan. Oct. 23 16k 9 k May 22 13 k 6 May 21 Ilk June 5 18k 104k Nov. 15 116k 104k Nov. 15 114 7k 3 May 28 5 k May 23 7k 17 June 10 26 k 7 k June 6 15k 12k 5 k May 21 8 212 Sale 56 k 12 Nov. Sale Sale 113 20k 8 13 10 Sept. 23 10 Sept. 25 16k Apr. 15 9 June 10 16 k June 6 24 k Jan. 24 155'" June 11 171k Oct. 15 19 Apr. 1 12 k Sept. 20 86 Nov. 8 99k Apr. 17 3 15k Oct. 25 20k Jan. 4 Sale 111k 58 15 Sale Prices 7 k Feb. 15 21 June 13k Jan. 13 5 k July 15 7 k June 20 58k Nov. Sale 212 Sale 4 148 4 18 30 27 3 k May 11 54 k Nov.27 1 k Nov. 33 k Sale Sale 13k 27k 24 k 4k 7k 24 221 Sale Sale Sale 55 lA Sale Sale Sale 50 Sale a Nov. 43 k Nov. 28 6 13k Nov. 4k 5k 9 10k 110 109k 112 110 117k 112 Sale Sale 32 5 $7 conv pref series A .♦ Penn Glass Sand Corp v t c * 9, 800 50 1,063, 900 Pennsylvania RR Co 5 20, 100 People's Drug Stores Inc 54, 100 People's Gas Light & Coke.100 24,900 5k 10k Sale 44 Sale 1 Patino Mines & Knt Cons 237, 100 Penick & Ford 28, 100 Penney (J O) Co '202, 500 Sale- 110 Sale * Parker Rust Proof Co Sale 108 Sale Sale 63, 500 Parmelee Transportation Co 36, 300 Pathe Film Corp 370, 800 11,300 8,400 1,000 146,100 2,200 8,600 1,200 2,780 2,790 Cons 108k 110 110k Sale Tilford Park Utah 45 44 106 146k 145 21k Sale 35k 35k 6k Sale 65 Sale 6k Sale 9k 10k 13 if* 26 * 2d preferred 19k 80 88 7 . Sale 10 1st preferred Sale Sale Sale Paramount Pictures o llH 78 Sale ? 6k Nov. 17k Nov. 12 6 Nov. 14 Nov. 27 48 Nov. 14 Sale Nov.28 40 42 45 41k Nov. 4 49k Nov. 14 42 4. 5 5k Nov. 15 4k Nov. 6 10 8k Nov. 6 10k Nov. 22 9k 9 Nov. 6 Nov. 7 8k 8k 19 Nov. 12 Nov. 22 16k 17k 80 k Nov. 9 Nov. 26 78 79k Sale 46 Nov. 7 44 k Nov. 28 44 k Sale 8 Nov. 4 108k Nov. 107 107 Sale 26 k Nov. 6 29k Nov. 14 27 10k Nov. 14 8 k Sale 7k Nov.—2 9 26 k Nov. 23 k Nov. 20 24 k Sale 9 109 k Nov. 19 105 k Nov. 108 k Sale 6k 10 14 k 29 * preferred Park & Sale 33 7k 66 k 13 k Pan American Airways Corp. .5 1,297, 10(1 Pan Amer Pet & Trans 5 9, 300 Panhandle Prod & Ref 1 75, 600 Paraffine Cos Inc * 700 14, 4% conv preferred.. 100 430 3 500 4k 8k 8k 23 k Sale 6 100 * Pacific Western Oil32, 000 Packard Motor Car 1,404, 500 123, 100 42k Sale 146 Sale 7 k Pacific Finance Corp (Calif) .10 8, 900 Pacific Gas & Electric 25 203 600 1,065, 900 23, 400 Sale 42 k Nov. 26 20 k Nov.20 7k Nov. 6 . 15k 16k 31k 25k 5k 9k 32 k 50 2.50 preferred Pacific Lighting Corp 67, 000 Pacific Mills 63, 000 Pacific Telep & Teleg 4, 140 6% preferred 390 2, Pacific Tin Consol Corp 150, 849 Sale Nov. 20 14 Sale Sale Pacific Coast 2d Sale Sale 145,500 Pacific Amer Fisheries Inc 251,500 1st 37k Sale 5 15 Nov. 9k x8k Nov. 7 10k xlOk Nov.28 12k Nov. Nov. 17k Nov. 27 19 Sale Nov. 4 169k Nov. 166 Sale 13k Nov. 6 16k Nov. Sale Nov. 8 88k Nov. 88k 86 17 16k Nov. 6 18k Nov. 18k 12k Nov. 22 14k Nov. 12k Sale Nov. 6 11 12 Sale 12k Nov. 13 k Sale 13k Nov. 26 14k Nov. 104k Nov. 15 110k Nov. 105 Sale 104 z#m Sale 104 k Nov. 15 108k Nov. 7k Nov. 6k Nov. 6k 6k 7k Nov. 7k Nov. 18 7k 7k 6 23 k Nov. 20 k Nov. 23 k Sale 10k Nov. 6 13k Nov. 12k 14 9k Nov. 8 k Sale 7k Nov. 6 Nov. 22 84 84 85k Nov. 85k Nov. 6 20 k Nov. 17 17k Sale Nov. 2 171 Nov. 167 ft 73 180 49 Sale Sale 15k Sale 8k 10k 17k 169 k 16 k 86k 8 Sale pref.* 50 Preferred 41^ Sale Lowest Sale Prices 8 Sale" Sale Rubber Norwich PharmacalCo 145k 24 k 36 k 8k 67k 6k 10k 85 Sale 168 Sale Highest Sale Prices 23 k Nov. Nov. 50 k 12 k 50 100 Northern Pacific Northwestern 41 111k 167 28 * 960 Outlet Co Preferred 100 100 Owens-Illinois Glass Co.. 12.50 227,400 10,400 28,500 23,800 14,300 4,300 1,500 26,400 19,200 1,900 12,700 47 Sale 9k 83 8% pref series A 4,070 23,300 Oppenheim Collins & Co Otis Elevator 205,800 6% preferred 100 2,590 Jtis Steel Co * 303,600 $5.50 conv 1st preferred * 30.500 Outboard Marine & Mfg..—5 13,200 25, 460 Sale Sale 24k North American Aviation.. Northern Central Ohio Oil Co (The) Oliver Farm Equipment 92,100 Omnibus Corp (The) 89,300 21, 750 13, 490 27 78 524,400 11,000 7,800 Sale Nehi Corp Neisner Bros Inc 8 Sale Sale Sale 9k Sale 8k 80 k 18k Sale 3 k Sale Sale 7 10 k 12 k 41k Sale 13 k Sale 96 Sale 39 * * Sale Sale k Sale 72 17 Sale 20 k 166 k 172 Sale 144 ...100 N a to mas Co "6k Sale 88 15k 13k Ilk 13k 100 k 108k Sale 6 , 9.200 84 19k 12 k 6% preferred series A 100 221,200 * 36,500 N Y City Omnibus Corp New York Dock * 15,100 5% preferred * 16,100 New York & Harlem 50 1,350 10% preferred 50 110 N Y Lack & West Ry Co.. 100 1,570 100 146,300 JNYNH & Hartford Convertible preferred 100 110,100 12,600 JN Y Ontario & Western.. 100 N Y Shipbuilding pt stock 1 695,300 5 18,500 Noblitt-Sparks Indus Inc Norfolk & Western Ry 100 39,100 Adj 4% preferred —100 3,370 North American Co.. 10 819,800 Preferred 6% series 50 29,300 Preferred 5 k% series 50 40,400 340 13k II * 168 166 Sale -1 4k% conv serial pref—100 Newberry Co (J J) —-* 5% preferred series A 100 awmont Mining Corp 10 -.1 "•"215.800 Newport Industries Inc 36,800 N'port News Ship & Dr Dock.l §5 conv pref " 1,500 New York Air Brake., 47,100j * 2,170,300 New York Central— 71,400 N Y Chicago & St Louis...100 1,241,000 1,710 558,700 6,600 3,850 56,600 Sale 19 k 15 k 10 National Distillers Products. .♦ 6% prior preferred National Tea Co Sale 18 * National Cash Register.— National Cylinder Gas Co. 9 8k Ilk 172 5k 14k 21k Sale Sale 22 ..---100 National Bond & Share Corp.* 5k Sale 16k 15k 23k Sale Sale 13 ---100 Nat Bond & Investment Sale 8 165 15 7% preferred 5% pref series A-_ Ask % Highest Lowest Ask Ask Bid Bid Sale Prices Nov. 30 Nov. 1 Nash-Kelvinator Oorp_---.--5 Nashville Chatt & St Louls.100 Shares 619,100 11,050 374,200 32,700 9,700 293,900 404,100 5,600 15,200 2,600 15,000 128,900 60,700 503,925 5,660 9,370 69,100 27,760 246,800 10,700 291,100 6,300 299,800 5,600 4,090 73,600 2,100 324,800 160,300 212,800 26,210 27,900 13,660 264,800 41,400 24,900 8,500 2,010 14,300 1,020 29,300 1 Jan. 2 Jan. 1 1,500 ; N. Y. STOCK RANGE SINCE JAN. PRICES IN NOVEMBER Price STOCKS 37 EXCHANGE—STOCKS 21 22 21 22 Nov. 8 4k 13 k 45k 29k Jan. Apr. Oct. Apr. 9 8 24 Apr. 25 7 9 25 8 k Nov. 14 10k Feb.\ 2 Jan. 2 47 Jan. 11 11 87 k Oct. 27 18 10 40 19 k Mar. 1 Nov. 25 14 k 38 N. T. STOCK AQQREQATE SALES Since November Shares Nov. 1 Par Bid , 97,600 Philip Morris & Co 30,400 Phillips Jones Corp 10,000 1,600 390 70 10 290 5 Preferred 2,630 100 17,900 Pilisbury Flour Mills— 25 2,910 Pirelli Co of Italy Am shares 8,906 42,700 Pittsburgh Coal (of Pa)—. .100 6,300 6,100 19,300 6% preferred --.100 40,800 Pitts Coke & Iron Corp * $5 conv preferred 2,830 * 33,400 Pitts 'K'orgings Co 1 20 Pitts Ft Wayne & Chi Ry__100 970 7 % guaranteed pref 100 184,900 Pittsburgh Screw & Bolt. * 39,400 Pittsburgh Steel Co * 9,560 7% preferred class B 100 5% preferred class A 23,710 100 5*4 % 1st ser conv pr pf..l00 8,590 -.100 31,960 Pittsb & West Virginia 190 ... 1,600 , * 70 Pitts O O & St L RE Co " 380 31*300 30 26,300 7,600 2,850 8,190 1,740 2,740 • 18,400 59,900 7,200 81,600 107,900 30,300 7.700 1,100 8,200 6,700 5,600 82,100 3,400 2,100 22,700 45,300 3,300 500 500 500 80 4*4 Sale Iff Sale 2*4 43 *4 44 26 *4 Sale 46 49*4 5 *4 Sale 24 H Sale 8 70 Sale Sale 42 38 Sale 39*4 2*4 A* 40 38*4 23*4 Sale 65*4 Sale 135 Sale Plymouth Oil 9*1 155 177*4 36 3 Sale Nov. Nov. 6 Nov. 12 Nov. 7 1 5*4 Nov 45 1 48 40 22*4 Nov. 20 65*4 Nov. 1 5*4 Nov. 28 28*4 Nov. 1 8*4 Nov. 16 7*4 Nov 35*4 Nov 9*4 Nov 80 30 39*4 Nov 4*4 Nov 47*4 Nov 24 Nov 71 Nov 83*4 Nov A* Sale 8*4 81*4 15*4 160 9 6*4 Sale 9*4 47*4 Sale 35*4 Sale esH Sale Sale Sale 6 6 Nov. 176 6*4 Nov. Nov. 40 28*4 Nov. 57*4 Nov. 12*4 Nov. 12 Nov Nov Nov Nov Nov 29 9 12 20 18 14*4 Nov 18 12 1*4 Nov Nov Nov 18 23 & 2 155 158*4 1 *4 16*4 Sale 18*4 Sale 17*4 16% 17*4 16*4 8 9*4 Sale 8*4 % Sale" 5 Pond Creek Pocahontas Co..» Poor & Co class B * t. Porto Rican Amer Tob cl A. * 6 14*4 Sale 14*4 14*4 43* 44*4 Sale 65' 118 40 112 125 141 161 Sale Sale 112*4 125*4 143 Sale c, 16 Sale T V Sale 12 a 6 w 12*4 13 Sale 12*4 Sale 12*1 39*4 56*4 42 Sale 38*4 55*4 1 *4 Nov ,% Nov, 6 Nov 4 Nov 27 Nov Nov 39 Sale 54 115 115 118 11694 117 33*4 Sale 28*4 Sale 111*4 Sale 108*4 110*4 123 94 Sale 122 122*4 138 140*4 137*4 140 157*4 Sale 158*4 Sale 19 18 9*4 Nov % Nov 6*4 Nov Nov, 15 Nov 13*4 41*4 Nov, . 7 27 27 6 14*1 Nov 14*4 Nov 45*4 Nov Nov 28 Nov, 4 118 Nov 29 34*4 Nov 29 112 Nov 28*4 Nov 109*4 Nov 167 Nov 60 10 97*4 May 9 7*4 Apr. 4 Nov. 14 41X Jan. 5 6*4 Feb. 9 45 12 7 8 8 7 28 4 13 June 10 178 4*4 May 15 5 May 15 16*4 May 22 10 15 Nov 70 Jan. Sale Prices 27*4 May 22 2*4 May 24 36 May 28 66 22 May 29 28*4 35 May 21 72 107*4 Feb. 10 110 7*4 3*4 May 22 16 May 24 35*4 5*4 May 24 9*4 6494 May 22 83*4 13*4 Nov. 6 16*4 154 May 6 154 16*4 Nov 177*4 8*4 10*4 55*4 ,41*4 8*4 Nov. 9 57*4 Sale 13*4 Sale Nov. 13*4 Nov. 85*4 Sale 178 177 Sale 6 Sale Highest Sale Prices 68 May 21 3*4 May 18 Nov 23*4 23 70 Sale 30 42 Lowest Sale Prices Nov. 8 82 135 83*4 42 75*4 Nov. 27 4*4 Nov. 1 5*4 3 33 Sale 7*4 Sale "5*4 Sale 174 Highest Sale Prices 49 43*4 28*4 Sale uif Ask 4*4 Sale 6 Lowest Nov. 30 Ask Bid Sale 76*4 100 Postal Teleg Inc pref........* 1 701,800 Pressed Steel Car common 5% conv 1st preferred...--5 21,900 5% conv 2d preferred ...-50 12,600 * 209,900 Procter & Gamble.. Preferred 5% 8,870 100 224,100 Pub Serv Corp of N J com._.* $5 preferred...... 24,400 * 10,600 6% preferred 100 7% preferred 100 4,900 8% preferred ___100 5,630 680 Bid 42 30 10 Pitts Y & Ash Ry 7% pref--100 Pittston Co (The). * "3" 900 . 90*4 Sale ♦ --.100 317,950 Phillips Petroleum. 14,300 Phoenix Hosiery 43,600 1,200 Ask .... Preferred. RANQE SINCE JAN. Jan, 2 1940 Jan. 1 Shares PRICES IN NOVEMBER Price STOCKS N. Y. STOCK EXCHANGE In EXCHANGE-STOCKS 19 7 151 15' 12*4 5*4 *4 4*4 6*4 6*4 21 53 May May May July Feb. Oct. Jan. 8 21 17 Nov. 14 Nov. 15 Nov. 7 Nov. 19 Nov. 15 May 0 Oct. 7 894 Jan. 2 11 Jan. 4 55*4 21 4194 21 70 16*4 21 3 151*4 Nov. 20 Nov. 18 Nov. 18 Apr. 8 July 3 *| Mar. 12 14 May 28 Jan. 13 May 21 May 29 Oct. 2 May 21 May 21 May 21 June Feb. Apr. 26 5 112*4 May 22 28*4 Nov. 29 100 May 21 110*4 May 22 1 22*4 Feb. 9 Nov. 23 12*4 Jan. 4 2*4 Feb. 27 8 July 5 14*4 Jan. 3 14 k Jan. 3 45*4 Nov. 8 71*4 Apr. Jan. 118* " 8 431 Apr. Jan. 11 1151 128 Apr. 20 18 123 Nov, 123*4 Nov 1 138 Nov Nov 15 126 June 157 Nov 141 161 Nov 12 143 May 22 165 6 145 Mar. 29 Apr. 2 Jan. 4 3 Public Service Elec & Gas-— $5 preferred * 115*4 Pullman Co * 31X * Pure Oil.. 8*4 6%"preferred7--.___—--100 r87 77 X 5% conv preferred.. 100 14 X Purity Bakeries * Quaker State OiI«Rfg Corp-.10' 14 Radio Corp of America * 554 $5 preferred B 75 * S3.50 conv 1st pref * 60*4 Radio-Keitb-Orpheum Corp--l 6% conv preferred 100 2,100 — 85,100 -70,300 2,200 9,300 16,100 400 122,800 : 627,500 £95,800 8,500 74,800 125,300 10,700 1,792,500 400 ~6", 100 9,900 600 2,500 20,200 3,300 9,500 800 3,400 500 150 250 1,200 75,300 ... ._ 77,100 93,900 5,400 30,500 304,200 54,300 76,100 9,500 17,500 10,500 Ray bestos- Manhattan. Rayonier Inc $2 preferred Reading Co 4% 1st preferred 4% 2d preferred Real Silk Hosiery Reis (Robt) & Co 1st Reliable Stores Corp ~ 78*4 Sale 15 Sale 100*4 Sale 117 26*4 Sale -87- 77*4 10 Sale 10 11 - 5*4 Sale 73*4 62*4 Sale 2*4 Sale 34*4 36*4 Sale Sale 27 27*4 14*4 26*4 Sale 1*4 25*4 7*4 8 8*4 670 Rensselaer & Sara RR Co-.100 61 66 900 110 41,700 3,300 3.700 4,100 21,700 660 100 33,100 4,400 4,600 50 ""8,666 2,850 26,900 28,700 1,300 11,300 1,900 3,100 110 60 18,100 2,300 7,000 3,900 44,800 13,200 9,600 1,900 11,200 1,500 13,500 550 22,900 1,100 12,900 18,400 400 1,200 8,100 410 80 4,900 1,900 3,700 149,800 20,500 3,371 8,000 70 . . 1*4 Sale 21*4 Sale 94*4 Sale 89*4 Sale 11*4 Sale tSea board Air Line 4-2% preferred Seaboard Oil Co of Del Seagrave Corp (The) 19.U For footnotes Sale Sale 100 Sale 19*4 2*4 Sale Sale Sale Corp 5*4% conv preferred _* * * * * * 15 100 Silver King Coalition Simmons Co Simms Petroleum. _ 60 Sale 52*4 Sale Sale Sale 107*4 5 ♦ Sale _10 Simonds Saw & Steel Co * Skeily Oil Co 15 Sloss-Sheffield Steel & Iron. 100 24 32*4 53*4 9*4 5*4 Ja* *4 •• 37p 3*1 2*4 4 5*4 44 Sale 109*4 Sale 109*4 37 Sale 39*4 10*4 Sale 10*4 79 84*4 77*4 X n% 3*4 43 42 Sale 113 *4 Sale 0$ 9*4 6 18 Sale 48 *4 Sale *4 3*4 '5*4 Sale 37 Sale Sale Sale Sale Sale Sale Sale J* 37 Sale 54 Sale 10 Sale 103 104 Sale 5*4 19*4 1*4 26*4 20*4 Sale 2 29 Sale Sale South Amer Gold & Plat 1 Sale Southeastern Greyhound L...5 South Porto Rico Sugar u * Sale 16 Sale Sale 8*4 Sale 1*4 Sale 12*4 13*4 19*4 Sale 139 Sale 3*4 52 10*4 5*4 20*4 1*4 25*4 20 108 112*4 17*4 9*4 15 8*4 1*4 13 19 Nov,, 16 Nov. 1 Nov. 6 Nov. Nov. 4 4 53 k Sale June 117 15 May May May May 8 22 14 Nov Nov Nov 1 June 18 27 8 14 May May May 17*4 Nov 14 15*4 Nov 12 48*4 Nov 26 41*1 Nov Nov Nov. 1 'A, Nov 1 Nov. 7 Nov 2 Nov. 29 15 2*4 Nov 29 Nov 44 110*4 Nov 40*4 Nov 11*4 Nov Nov 84 % Nov 3*4 Nov 42*4 Nov Nov 113 9 Nov. 19 72*4 Nov. 15 15*4 Feb. 20 96M Apr. 8 11*1 Nov. 14 44 May 8 Oct. 56 3 9*4 Nov. 27 Jan. 3 Feb. 27 %ug. May 28 22*4 Apr4 Oct. 16 15*4 Nov. 12 Nov. 26 Oct. Feb. 9 May Jan. 3 June Jan. 2 Apr. Jan. 3 Oct. May 10 Jan. Jan. 494 May 18 53 Mar. 14 May 111*4 Mar. 28 May 40*4 Nov. 26 May 1494 Mar. 27 May 85*1 May 9 July % Jan. 2 Apr. Feb. 21 May 49 Jan. 4 May June 115*4 Jan. 11 1I4 2» $ 23 6 Nov. 19 Jan. 3 30*4 Apr. 324H June 110*4 Oct. 10 May % Jan. 2 Nov Oct. Nov. 16*4 Nov 20 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 2*4 Nov 80*4 Nov 12*4 Nov May Sept. 2 Jan. 3 Nov. 14 May 88 Apr. June 1694 16*4 73*4 5*4 Jan. 11 Nov. 8 Nov. 15 Jan. 11 Nov. 4*4 18*4 1 *4 27*4 2 27 20*4 x20 Nov. Nov. Nov. Nov. Nov. 102 "18*4 111*4 Nov. 17*4 Nov. 9*4 9 16 Sale Sale „ 15*4 8*4 1*4 12*4 18*4 135 Nov m Nov A* Nov. Nov. Nov. Nov. Nov. Nov. Nov ug. May May Nov 11*4 Nov 106*4 Nov June Nov May May May May Ax »1* Nov Nov Nov .Tune 1*4 Jan. 6 56 Apr. 5 794 Mar. 13 40*4 Feb. 13 13*1 Jan. 108*4 Feb. 694 Nov. Jan. 24 4 7 9 3 2*4 Apr. 29 31 Nov. 12 23*4 May 10 Apr. 8 114*4 May 0 Nov June Nov 120 21*4 Nov 10*4 Nov May May May May Oct. 29 Jan. 4 17 Nov June 24 Feb. 10 Nov 12 Jan. 9 2 2*4 Nov May July Nov May Nov. Nov. Nov May Aug. May Nov 38 Nov. 115 13*4 19 4 9 Sept. 19 *4 Nov 104 Sale Sale Nov. Nov. 9*4 Nov. 109 Sale 137*4 140 7 Nov. 23 Apr. Nov Nov 6 2 24*4 105*4 95*4 14*4 Nov 8 4 12 8*4 Nov. 16 9 13*4 Feb. 3 10*4 Jan. 60 Nov. 29 Jan. 5 69 Jan. May May May May May July Nov Nov Feb. Mar 13 37 70 5*4 Sale 38 37*4 107 6 Nov May 28 $ 2 *4 74*4 10*4 13*4 69*4 3*4 51 *4 5*4 aV4 65 70 Nov. 29 Nov. 12 Nov Nov 9 26 19 9 14 7 9 3 13 74*4 Sale 10*4 Sale 13*4 Sale 3*4 49*4 7 72*4 14*4 92*4 11*4 35*4 53*4 9*4 6*4 2 Nov 28 .Tune 14 Nov 5 May 22 Feb. 15*4 FebT"3 Apr. 3 Apr. 15 69 Apr. 8 June 20 3 July 9 23 Apr. 4 29*4 May 3 37*4 May 4 8 17*4 Apr Oct. 31 27 Jan. 23 3 *4 Nov. % Nov. 14*4 Sale May 21 7 29 Nov Nov Nov 6 9 3~ 108*4 Nov Sale 11*4 14*4 June No/ 1*4 24*4 100*4 95*4 13*4 8 May 21 May 23 15*4 Jan. May May May Nov. % Sale Sale 2 Nov. Nov. Nov. Nov. 36*4 Nov. 111*4 Nov. 110*4 108 14 Nov. 27 Nov. Nov, Nov 60 62 1 117 Nov. 10*4 77*4 *4 2*4 85*4 *4 Nov. Nov. 28 41*4 Nov. 109 Nov. 33*4 Nov. 110 Sale Socony Vacuum Oil Co Inc. .15 25*4 60 Sale % Sale 13$ 79*1 Sale Sale 4 Sale Sale 20*4 68*4 12*4 87*4 9*4 32*4 53*4 7*4 5*4 4*4 15*4 12*4 45*4 *4 36*4 H 'A* 2*4 5*4 13*4 47*4 *4 2*4 Smith fA 0> Corn lft Smith & Corona Typewr vtc.* Snider Packing * 40. 5 17*4 41 *4 110*4 112 21*4 Sale 9*4 Sale _ 110 69*4 55 Sale Sale Sale 17*4 Sale 47 % 105 .100 2 Sale Sale Sale $6 preferred 8% preferred 69 107*4 110*4 109 1 Steel Nov. 10*4 2*4 * see page 294 5*4 Sale Sale Sale Sale 72 Sale Sears, Roebuck & Co $5 conv preferred-. Sharp & Dohme 14,700 $3.50 conv pref series A 112,800 Shattuck (.Frank G) 4,980 Sheaffer (W A) Pen Co... 175,300 Shell Union Oil. 15,400 77,000 154,200 17,900 14,100 74,400 3,680 5,130 36,000 11,900 57,100 1,355,700 134,200 24,071 118,600 1,140 % 6 11*4 Nov. 27 23*4 Nov. 27 95 Sale 1 88 Sale Sale Nov. 1*4 Nov. 20*4 Nov. 12 13 Sale X* 61 1 7 June May 22 ug. 25*4 10 17 Nov. 6 90 13*4 45*4 *4 37*4 Sale a 57 114 109 Nov 9*4 Nov 21 May 28 May 28 15*4 Nov 1 Nov. 53*4 Servel Inc Sharon &3/* Nov 27 23 15 22 June 19 May 22 May 21 34*4 Nov 8*4 Nov. 91 Sale Sale * 95 2*4 Nov 22*4 Nov 2 *4 Nov 32 Nov 9*4 Nov 8*4 Nov Sale 35 7*4 May Apr. May Nov. 19*4 Nov 28*4 Nov Nov. 5 ■apt; 19 Nov 63 22 Sale 100*4 100 7*4 5*4 4*4 June ~' 26*4 Nov. 8 7*4 Nov. 22 7*4 Nov. 2 1*4 Sale 22*4 Sale 10*4 * * 59 59 Nov. 13*4 Nov. 20 25*4 Nov. 16 20*4 Nov. 27 Nov. 2 7 9*4 9*4 9*4 62 62 87 , 636,600 44,100 45,400 21,900 458,700 215,200 52,400 4,200 128,100 8*4 8*4 9*4 23 1 Sale 70*4 Sale 13*4 Sale . ... 25 110 ... 19 15*4 Nov. 9 7 Nov. 22 34*4 Nov. 26 21 3 32*4 Sale 23 ;2*4 13*4 Sale 30 Nov. 26 26 20*4 2*4 27 9 8 10 8 60 29 28 22*4 22 114*4 Oct. 14 118 16*4 May 21 32*4 6*4 Oct. 21 11*1 June 12 97*4 May 28 89 95 27 1 275,100 Reo Motors Inc vtc 2,467.900 Republic Steel Corp. * 58,470 6% conv preferred -100 39.150 6% conv prior pf ser A..100 116,700 Revere Copper & Brass 5 Class A 10 14,490 2,390 7% preferred 100 5,800 5*4% preferred —-100 248,200 Reynolds Metals Co * 4,700 5*4% conv preferred-—-100 179,900 Reynolds Spring Co 1 415,100 Reynolds (R J) Tob cl B 10 Common 10 1,050 333,500 Richfield Oil Corp... * *, 10,000 Ritter Dental Mfg.. 31,500 Roan Antelope Cop Mines....] 46,100 Ruberoid Co capital stock .* 1 35,900 Rustless Iron & Steel Corp 940 $2.50 conv preferred 9,300 IRuiland RR preferred 100 146,400 St Joseph Lead 10 25,500 JSt Louis-San Francisco 100 43,600 6% preferred 100 1,950 JSt Louis Southwestern 10ft 240 5% preferred 100 190,100 Safeway Stores * 48,550 5% preferred100 192,700 Savage Arms Corp * * 214,600 Schenley Distillers Corp 5 5*4% preferred 21,500 100 188,400 tSchulte Retail Stores. 1 8 % preferred 40,600 100 .__* 34,100 Scott Paper 34.5ft preferred * 2,080 $4 preferred-. * 2,310 17,800 34,100 75 60*4 Sale 2*4 Sale 34*4 35*4 19 19*4 17*4 Sale 25 140 550 5 27 27,800 411,100 14,920 9,000 14,100 1,590 1,510 14,600 117*4 8 Sale 24*4 Nov. 6 '27*4 Nov 9 Nov 14 Sale 7*4 Nov. 6 -87---- Nov. 6 -93*4NOV "30 Sale= 77*4 Nov. 1 85*4 Nov 29 Sale 10*4 9*4 Nov. 29 11*4 Nov 12 Nov 18 10*4 Sale 4*4 Nov.'27 5*4 Nov •8 ' Sale w 10 9*4 57 w 26*4 8*4 -93"*4 85*4 , Sale 25 1,100 ' 116 7*4 Sale ::W* 16 * 10 1 ; Reliance Mfg Co 115 19 pref-.lOO Remington-Rand Preferred 88 * 1 —25 -50 .50 .50 5 100 Preferred 990 3,120 15,700 3,700 172,900 16,500 118 Sale Sale 112 14 Nov 22 11 2 16 . Mar. 11 Jan. 3 20*4 Nov "ug. 30n May 10 Nov May 152*4 Apr. 23 139 AQQREQATE SALES Since November Jan. 2 1940 Jan. 1 Shares 16,700 07,200 51,400 50,000 1,400 11,600 1,300 Nov. 1 Par Shares Bid 30,800 8,600 900 27,900 2,090 10,300 59,500 800 11,500 19,300 2,300 9,900 88,400 68,900 116,500 2,700 8,000 14,900 5,300 53,900 84,100 20,100 530 23,600 7,600 12,100 9,600 1,300 2,200 18,300 13,100 644,000 584,100 1,088,200 33,200 90,800 138,600 131,400 Sale Sale 23 Sale 17% 2% 4% 18% Sale 5% 2% 7 Sale 7% 55 69 20 22% Sale 34 1 * Sale 43% 33% 56% 52% Sale 10% Sale * 2 * 60 1 33% 6 * * 39 20% 45% * 457,000 Sperry Corp (The) v t c 89,800 Spicer Mfg Co $3 conv preferred A 10,070 321,300 Spiegel Co Inc Convertible $4.50 preferred 12,650 148,500 Square D Co Standard Brands 1,269,700 $4.50 preferred 17,400 111,900 Standard Gas & Electric $4 preferred 237,100 $6 prior preferred 38,300 7 prior preferred 210,700 7 55% 34% Sale Sale 101% 103% 2% * * 6% 16% 2% Sale Sale * 20 Sale Sale Sale Sale Sale Sale Sale Sale Sale 44% Sale Starrett Co * -.10 33% Sale 18% 26% 36% 36% 80 Sale 63 5 8% 5 Stokely Bros & Co Inc.-—--1 * 11% 9% 56% 425,300 Scone & Webster 1 1,462,600 Studebaker Corp * 69,800 Sun Oil Co 6% preferred 4,140 100 10c * --1 100 153,600 Sunshine Mining Co.71,700 Superheater Co (The) 124,600 Superior Oil Corp 55,800 Superior Steel Corp 122 51 122 8% 9% Sale 16% 17 Sale 7 8% 22% Sale 32 --- 19 Sale Sale 29% 25 287,300 137,550 Swift International Ltd Sale Sale Sale 58 122% 27% 2% 38,200 Sutherland Paper Co —10 7,100 Sweets Co of Airier (The)—50 Swift & Co. 8% 4% 9% 8% Sale 1% o 4% Sale Sale Sale 124 Sale Sale Sale 17 . Sale 23% Sale 5 21% 18% Sale Sale Sale Sale Sale Sale Sale Lowest Highest Sale Prices Sale Prices 2% 5% 2 20% Sale Sale 58 20 2% 4% Nov. 29 Nov. 28 Nov. 27 Nov. 6 Nov. 6 Nov. 29% Nov. 10 12,300 5,300 19% 41% 33% 57% Nov. 6 100 21 Nov. 6 43% Nov. 4 36 58 Nov. 1 Sale Nov. 6 7% 57 53 Nov. 6 53% 32% Nov. 15 34% Sale 7 Sale 6% Nov. 27 Nov. 1 2110 113% 109 2 1% Nov. 29 1% 5 3 Nov. 27 Sale 13% Nov. 6 16% 14 14% Nov. 27 19% Sale 17% Sale 25% 32% 34% 61 34% Sale 34% 36% 61 Sale 7% 7% 4% 4% 7% Sale 8 7% 4% 7% 7% 49% Sale 51% Sale Sale 124 122 Nov. 28 Nov. 6 Nov. 6 Nov.30 Nov. 28 Nov. 7 Nov. 18 Nov. 27 Nov. 28 Nov. 7 8% 16% 1% 15% Sale Sale 1% 16 16% 20% 22% 3% 5 21% Sale 17% Sale Nov. 1 Nov. 29 Nov. 1 Nov. 6 23 8% 17% 1% Nov. 1 4% Nov. 29 20.% Nov. 6 17% Nov. 28 •« - 440 1,400 18,500 77,100 12,600 26,100 10,400 11,100 4,100 1,700 300 900 40 12,400 1,750 7,700 900 7,700 9,600 4,400 20,500 2,300 23,400 21,300 25,100 22,800 2,500 27,800 300 4,700 400 28,900 3,300 600 350 23,700 8,600 52,500 65,600 210 12,600 17,100 3,600 2,500 6,000 94,700 70,100 3,500 130 27,100 118,000 720,700 111,900 187,400 95,200 113,300 18,100 20,700 2,900 7,200 3,320 132.700 8,260 187,400 22,300 169.590 90,200 27,500 338,500 19,500 365,600 137,300 258,100 508,700 23,900 191,200 4,700 39,500 4,500 221,800 26,700 100 6,000 7,900 13,100 1,900 14,500 1,100 100 9,700 191,800 27,100 12,800 1,600 * * 10 Texas Pacific Land Trust—-1 Texas & Pacific 100 Thatcher Manufacturing.-.-* $3.60 conv preferred * The Fair Co * 100 7% preferred 1 Thermoid Co $3 dividend conv Third Avenue Ky pref_ —-10 100 Thompson (J R) Thompson Products Thompson Starrett $3.50 preferred 25 -* * * Tide Water Associated Oil--10 * preferred Timken-Detrolt Axle Co $4.50 conv 10 Timken Roller Bear * Transamerica 2 Corp Transc & West Air Inc 5 Tran & Williams Steel Forg--* Tri-Continental Corp 4% 6% 44% 3% 32% 8% 4% Sale Sale 4 Sale Sale 7 4% 28 3 Sale Sale Sale 49 Sale 5% Sale 18% Sale 8% Sale 2% Sale 70 Sale 4% 4% 8% 9% 5% Sale 15% Sale 23% Sale 50% Sale Sale 12% Sale 7% 8 2% Sale * 75 * Steel Co 10 4% Sale 9% 11% 12% Sale 24% Sale 2% 2% 24% 28 10% Sale Truscon 20th Century Fox Film Corp.* * Transit—_* —100 1 100 4% preferred 78 18% 8% * Sale Sale 55 17% 2% 18% Sale Sale 34% United 5 10 Dyewood Preferred United Electric Coal Cos United * * * Eng & Foundry United Gas Impt Co.. Pa per board Co U S & Foreign Secur $6 1st preferred U S Distributing Corp U S Freight U S Gypsum Co 7% preferred 5%% conv preferred U S Industrial Alchol U S Lea ther Co Partic & conv class A Prior U S U S 100 U S U S preferred Pipe & Foundry Playing Card Plywood Corp Realty & Impt Sale 16% Sale 15% Sale Sale 85 Sale 14% 27% 43% 15% Sale Sale Sale 16% 13% 109 39% 5 19% 2% Sale 5% 2% Sale Sale Sale Sale Sale 52 20 1% 27% 4% 2% 29% 4% 35% 5 Sale 5 34 4% 37% 70 Sale 71 Sale Sale 112 10 * 20 100 5 50 __* * 4% 5 35% Sale Sale 116% 11% Sale 5% Sale 85% 14% 11% 114% 115 6% 79 7% 9% 84% 175 10 6% * 11 100 20 10 1 * 65 9% 6% Sale 70% Sale ~"l% Sale" 112% 62 68% 10% 3% 3% 86 10% 9 Sale 69% Sale 173% 172% 177 5% 5% 5% 30 32% 28% 21% 23% Sale 5 Sale 4% 8 8% Sale 57 58% 63% 30% 29% Sale 32 Sale 31% 23% % "1% Sale" 23% 22% Sale Sale 40% 93 Sale . 10 10% 75% 31 Sale 34 Sale 89 181 36 Sale 4 Sale 81% 8% 10% 85% 4% Sale 30 24 Sale 3% Sale Sale Sale Sale 90 61 69% Sale 71 82 Sale 70 i 81 2% 28% Sale Sale 103,500 10 1,180,400 U S Rubber Co 8% 1st preferred 100 140.600 50,100 U S Smelt Ref & Mining...50 Preferred... 50 17,100 For footnotes see page 40. Sale 114 113% 113 13% Sale Sale 79 Sale Sale 25% * Sale 1% 20 9% Sale Corp—.* * pref. 100 U S Hoffman Mach 17 59 85 preferred United Merch & Mfrs Inc vtc.l United Sale 6 16% 1% -100 5 —* United Fruit 4% 9% 113 60 5»3 preferred United Drug Inc 83 Sale * United-Carr Fastener Corp United Corp 70 Sale Sale 114 14% Sale Sale Sale Sale 4% Nov. 7 32% Nov. 29 Nov. 28 Sale 14% 26% 42% 19% 13% 6 4.% 17% 7% 1% Sale 87% Nov. 27 7 46 18 13% 86% 1 4 4 1 7 29 23 27 8 Sale 71 "23% Sale' 4 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov, Sale 17% 7% 1% 72% 4% 8% 31 12% 82% 80% 3 34% 5% 4% 7% 8% 39% 2% 37% 4% 30% 5 29 Sale Sale 1 6 47 Sale 97 Sale Sale Sale Nov. Sale Sale 9% 95% 74 16% 7 Nov. 1 Nov. 20 Nov. 6 Nov. 1 c 18 36% 12% 95 3% Nov. 22 36% Nov. 1% 17% 9% 91% 27% AX* Sale 47 United Carbon 20 3% 3% 7% 7% 38% Sale 3% Sale 36% Sale 6% 6% 4% Sale 7 8% 8% 8% 37% 41 2% 3 37% 40% 4% 4% 31% 34 4% 4% 5% 5% 32% 33 88 39% Sale 12% Sale Union Premier Food Stores Incl Union Tank Car Sale 9% 91% 28% 90% $6 preferred Truax Traer Coal 37 Sale 34 4% 4% Sale Sale 19 Sale 6 42 3 4% 34% 1% 29 30% 30% 2% Sale 17% 18% 10% Sale 90% Sale Sale Sale 9 Sale 2% 35% 4% 31% 4% Sale 4 Sale 40% 17 50% 5 36% Sale 3% Sale Sale 34% 5% 4% 7% 9% 6% Sale 12% Sale 16% 50% 3% 32% Sale 37 United Aircraft Corp 5 United Air Lines Transport..5 1,433,200 * 33,600 United Biscuit of America 5% preferred 100 130 57,000 9,380 12,870 42,900 135,400 2,860 31,300 1,700 114,800 55,500 98,200 6,500 104,800 13,400 390 Co Texas Gulf Producing 71,800 Underwood Elliott Fisher—* Union Bag & Paper —* Union Carbide & Carbon * Union Elec Co of Mo $5 pref._* Union Oil, California—.....25 Union Pacific KK— 100 885,000 492,000 4,280 126,300 121,000 32,500 5,100 89,000 940,000 9,000 7,600 --.25 Corp (The) Texas Gulf Sulphur Texas Pacific Coal & Oil Preferred 3,990 244,000 Twin Coach Co.. 31,000 13,400 1,191,100 228,900 340,500 30,100 5,270 86,500 25,000 148,200 732,300 14,400 132,400 79,100 500 Texas $1.50 preferred 20,400 Twin City Rapid 3,500 1,500 174,800 36,200 20,700 3,200 1,970 9,400 2,500 12,700 132,800 1,300 10,100 3,900 2,440 4,400 13,200 --5 -5 Telautograph Corp Tennessee Corp 3% 7 63 Sale Sale Nov. 14 Nov. 28 Nov. 8 Nov. 8 Nov. 1 Nov. 1 Nov. 29 Nov. 1 Nov. 1 Nov. Nov. 1 1 27% Nov 38 37 12 Nov. 15 Nov. 12 66% 8% 5% 9% 9% 53% 124% 9% 20% 1% 18% 23% Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 14 15 14 8 15 14 8 13 5 Nov. 1 8 12 15 1 22% Nov. 14 20% Nov. 12 8% Nov. 8 3% 8% 40% 23% 37% 6% 5% 8% 10% 41% 3 41 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 1 14 7 14 26 15 8 13 1 12 Nov. 221 Nov. 15 14 26 Nov. 27 Nov. 8 Nov. 1 15 28 8 15 8 13 9 1 5% Nov. 15 10 Nov. 8 69 Nov. 14 9% Nov. 19 Nov. 30 Nov. i Nov. 13 Nov. 7 36% 14% Nov. 6 Nov. 29 76% Nov. 4 115 14 Nov. 6 Nov. 29 86 Nov. 4 85% Nov. 7 15% Nov. 1 27% Nov. 6 47 Nov. 27 19% 14 Nov. 12 Nov. 22 110% 7 Nov. 1 Nov. 22 Nov. 28 Nov. 27 Nov. 2 Nov. 4 Nov. 6 Nov. 6 Nov. 27 22 14 25 21 23 23 11 22 21 27 11 June 19 30 20 6 Nov. May 4% May May 2% May 26% May 5% Oct. 3% July 5 May 8 May 36% June 2% June 9 23 81 3 Nov. 19% Nov. 14 11% 69% 113% 12% 78% 4% May 21 28% May 20 33 Nov. 9 Nov. 8 Nov. 12 Nov. 29 Nov. 19 Nov. 28 Nov. 12 Nov. 13 Nov. 8 20% 2% 34% 5% 3% Nov. 28 Nov. 7 Nov. 1 Nov. 1 Nov. 1 Nov. 12 Nov. 15 36 Nov. 18 56 5% Nov. 14 37% Nov. 12 76% Nov. 12 12 Nov. 1 Nov. 28 Nov. 7 Nov. 28 115 11% Nov. 14 Nov. 6 4% Nov. 14 Nov. 1 5% 3% Nov. 1 90 96 89 Nov. 6 12 8 Nov. 6 Sale 11 9 Nov. 27 9% Sale 67% Nov. 7 76 176% 172% Nov. 9 176 Sale 6% 5% Nov. 2 32% 33 32% Nov. 7 21 Nov. 28 21% 24% Sale 5% 4% Nov. 30 8% 9% 7% Nov. 28 63 60 Nov. 27 66% 31% 28% Nov. 6 33% 32% 31% Nov. 4 32% 24 24 Nov. 29 24% 1% Sale % Nov. 28 20 % Nov. Sale 6 26% 92 Sale 81% Nov. 6 65 60% Nov. 6 67% 69 Nov. 1 72 72% May 15 June 5 2% Feb. 4 Jan. 5 25% May 1 May 8 May 8% May 81 May 28 18 21 28 28 21 21 21 21 22 22 5 21 22 21 22 22 22 23 18 10% 4% 1% May May May May May May 64 >ug. 35% 4% 3% May 6% May 5 May 14 May 1% May 13% May 6% Miy 30% May 15% Jan. 20% Jan. 34% Jan. 39 Jan. 3 7 72 May Jan. 2 $ 3 3 3 4 8 5 May 14 23% Apr 47 Feb. 38% Apr. 58 Nov. 11% Jan. 66% Apr. 40% Apr. 7% Apr. 110% Oct. 2% Jan. 7 % J an, 18% Jan. 22% Jan. 10 26% Jan. Apr. 28 29 1 46% Jan. Nov. 21 37 80% Jan. 21 8% Feb. 15 8% Apr. 20 12% Jan. 21 21 12% Feb. 6 65% May 29 124% Sept. 15 10% Jan. 21 27% Jan. 2% Jan. 4 22 18% Nov. 21 35% Feb. 7% Mar. 22 29 24% Apr. 20 32% Jan. 4% May 21 Nov. 13 6% Nov. 8 18% Nov. 8 1% Nov. 15 30 16% Oct. 20% May 29% June 23 May 56 May 4% May 4% May 5 May 5% May 46% Aug. 118% May 7% May 12% May 1% Oct. 9% May 20 May 3 May *17% May 16% Aug. 5% 5% 35% 1% 5% Nov. 28 15% Nov. 1 1% Nov. 27 7% Nov. 1 May 18 2% May 22 9% May 25 12% May 21 35 Nov. 26 7 10 3 74 1 6 June 98 9 Nov. 29 Nov. 27 Nov. 29 Nov. 6 Nov. 21 21 21 6 21 12 14 29 21 21 28 22 22 23 21 5% Nov. Nov.14 Nov. 6% May 8 May 13 % May 17% Nov. 1% May 3% June 60% Oct. 14% May 33 May 19 May 45% May 4% May 46 May 26% May 5 May ~"~3 %- May- 22 5% Nov. 23 33% Nov. 27 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nbv. Nov. 28 23 % May 22 — 10% 96% 29% 52% 5% 20% 9% 2% 9 29% 2113% Sale 9% 3% 3% Sale Nov. 12 20 4% Nov. 40% 15% 13% *13% 111 108% 52 Sale Sale 19% Sale 1% 27 Sale 4% 4% 3% 2% 30% 27% Sale 4% Sale 35% 115 Nov. 14 *17% Nov. 28 220% Nov. 14 Sale 26 stock ' 8 9 40% 32% 56% 6% 7 Sale 7% Sale 6% Nov. 28 8% Sale' purchase warrants—1 6% Sale" "6—Nov 727 70.700 "Wlthoutwarrantsr;™-:.-"--! *"0%"~""7 %" ~~"6%~Sale~" 5 5 5% 5% 5% Nov. 23 Talcott (James) Inc 5% Sale --9 7,700 32-% -84% -•-•*34———42 v 32% Nov. 4 5% % partic pref 50 -34^^'Sdle 1,440 115,400 Nov. 2% Nov. 5% Nov. 30 2 4% Nov. 27 Symington-Gould Corp with ' 4 Nov. 12 14% Nov. 12 24% Nov. 12 55 52% 33% 6% 109% 1% 3% 12% 14% 5 Ind--—25 26 Sale Sale 16% 19% Highest Sale Prices 26% 8% 12% 20% 17% Sale Sale 7 Sale Sale Sale Ask 26% 8% 12% 21% Sale 109% 1% Standard Oil of New Jersey .25 Stewart Warner Corp 21% Sale Sale Sale Sale 25% Sale 26% Sale (The L S) Sterling Products Inc 75 7 Sale * Standard Oil of California—.* Standard Oil Co. of Sale Sale Sale 20 37 Sale Sale Lowest Sale Prices Nov. 30 Ask Bid Bid 34% 14% 65 15.700 Spencer Kellogg & Sons Ask 28% 9% 13% 29 % 765,500 Southern California Edison.-25 * 850,700 Southern Pacific Co.-* 485,800 Southern Railway 399,700 5% preferred 100 Mobile & Ohio certifs—-100 5,400 125,800 Sparks Withington * 7.000 Spear & Co -.1 190 500 JAN. 1 RANGE SINCE PRICES IN NOVEMBER Price STOCKS N. Y. STOCK EXCHANGE In 39 EXCHANGE—STOCKS N. T. STOCK Dec., 1940] 11 9 3 28 3 9 10 0 24 4 8 9 8 4 4 5 12 3 IS 2 5 21 4 17 20 5 3 8 28 25 22 25 9% Jan. 3 7% May 3 6 Apr. 11 40 Mar. 5 — 5% Mar 5 8% Nov. 14 4 4% Apr. 4 37% Nov. 26 8% Jan. 8 6% Jan. 4 12% Jan. 8 18% Jan. 8 53 Mar. 21 47% Apr. 4 Feb. 16 42% Feb. 16 5% Mar. 8 35 Nov. 9 7% Apr. 8 5% Apr. 22 38% Apr. 16 2% Jan. 4 23 Jan. 27 12 May 6 May 10 8 52% Nov. 15 97 29% Nov. 7 Mar. 14 21% Apr. 9% Nov. 2% Jan. 82% Mar. 5% Apr. 10% Apr. 13% Jan. 25% Jan. 3% Apr. 30 Apr. 13% Mar. Feb. 21% June 10 45 18% Apr. 9% May 21 59% June 10 88% Jan. 105 May 27 116% May 17% Jan 12 May 21 Apr. 71 May 25 98 89% Feb. 70 June 10 16 July 14 Nov. 7 29% May 22% Jan. 11 31% July 3 53% Apr. 23% Apr 12 May 21 18 Apr. 12% May 28 108% Nov. 22 110% Nov. 65% May 42% May 23 12 May 24 20% Nov. 2% Apr. 1 % May 29 Feb. 26% June 11 42 7% Apr. 3 % May 28 6 Mar 2 Sept. 23 65% Mar. 27% Nov. 4 5% Jan. 2% M ay 21 25% May 22 37% Nov. 85% Jan. 60 May 21 15 *9% Nov. 28 107% June 6 118 6 June 10 13% 7% 3 May 21 Jan. Oct. 4 9 4 7 15 24 4 23 4 4 14 19 22 4 2 8 8 10 13 11 16 4 17 28 2 1 4 13 11 13 14 3 12 3 6 9 Mar. 12 Apr. 10 7% Jan. 3 May 11 8 Nov. 22 80 3% Aug. 24 Jan. 15 97 Nov. 15 5 12 Nov. Nov. 1 Nov. 1 Nov. 20 Nov. 8 Nov. 7 Nov. 12 Nov. 15 Nov. Nov. Nov. Nov. 15 15 25 26 May 18 5% May 22 50 June 165 May 2% May 25% July 14 May 3% May 6 May 48 Aug. 21% June 27% .Tune Nov. Nov. 29 24 Nov. 4 Nov. 15 % May May 68% May 39% May 60 May Nov. 15 Nov. 14 Nov. 22 15 10 11 89 Nov. 15 Nov. 1 Jan. 25 23 182% May 14 6% Mar. 9 21 17 32% Mar. 11 Apr. 25 2i 28 7% Apr. 23 21 12% Apr. 23 21 May 4 19 74 4 11 38% Jan. Apr. 1 14 39 Nov, 29 29 24 1 % Jan. 5 3 3 21 41% Jan. Apr. 11 22 117 23 67% Nov. 14 Nov. 22 22 72 N. T. stock: exchange—stocks 40 AQQREQATE SALES PRICES IN NOVEMBER Price STOCKS Nov. 1 Bid Par Shares 3,953,400 United States Steel 7% preferred 127,000 59,300 U S Tobacco 7% preferred 3,570 39,000 United Stockyards Corp Conv preferred 22,800 (70c) 41,900 1,440 568,000 23,700 1,890 26,400 Leaf 5 * Van Raalte Co 5 Sale 38 37 100 Vick Chemical Co 80 Vlck8 Shreve & Pac Ry Co. 100 5% non-cum preferred 55 54,400 85,900 8,800 4,680 8,530 8,810 10,500 81,800 1,700 110,500 45,200 11,900 22,100 370,900 294,500 294,200 3,240 83,100 51,300 70,300 180 7,600 30u,900 780 JWabash Ry Co 100 5% preferred A 100 warr 1* Sale 1* Sale Pictures. ... $3.85 preferred 47 6 24* 25 Sale 2% 23* 2% 24* 116X 117 10 129 J % Sale 15% Sale 2% Sale 37 X Sale ly* Sale Sale 17 X 3* Sale 3% 17X .... 26 Sale 73 X preferred Electric Co A 105 X 7% preferred 100 l\2X 6% Dreferred 100 105 West Penn Pow Co 4*% pf 100 115 West Virginia Pulp & Paper. _* 19 X 6% preferred100 Western Auto Supply Co 36X 10 Western Maryland 100 4* 4% 2d Dreferred 100 7* Western Pacific 6% pref X 100 conv Penn Western Union Telegraph-.100 Westinghouse Air Brake: * Westinghouse Elec & Mfg..50 7% 1st preferred 50 Weston Eiec Instrument. 12.50 Westvaco Chlorine Prod * 5% conv preferred 30 Wheeling & Lake Erie Ry__100 5*% conv preferred 100 Wheeling Steel Corp * 6% preferred 100 $5 conv prior preferred * White Dental Mfg Co (SS)_20 preferred 275,900 466,000 Wilson & Co $6 preferred 39,900 Sale 70 4X 33 20 X 5 1 * aW Sale Sale Sale 3% Nov. 16 60 Nov. 18* Nov. 6 Nov. 27 9 8 Nov. 19 7 Nov. 4 28 116 Nov. 12 44* Nov. 9 58 Nov. 19 Nov. 22 Sale * 45 Sale Sale 81 Sale 100 32% 100 Sale 119 Nov. 19 109 Nov. 25 13 Nov. Nov. 20 47 Nov. 20 95 Nov. 7 33* Nov. 2 Nov. 7 4 110 *6 Sale 13* % 15* 34* 33* 70 102* 29* 72 44 X 34 , Sale Sale 21* 55 Sale 6* * 9 15 7* 4* 20* Sale 137 Sale 35* 33* 80 Sale Sale 130 74* 10* Sale Sale Sale 23 1* a Sale Sale Sale 63 Sale 2 Sale 3* 4* 63 116 4 Sale 64* 32 Sale Sale Sale Sale 32* 22* 100* 85 87 83 87 Sale 77 82 64% Sale 59 96 104 92 80 X 21X 15X Sale 79* Sale 21 Sale Sale 11* 42X 91 Sale Sale 93X 20 X 16 Sale Sale 2X Sale V Nov. Nov. Nov. Nov. 15 Nov. 2* Nov. 37* Nov. 1 * Nov. Nov. 30 Nov. 23* Nov. 16* Nov. 18* Nov. 53 Nov. 6 Sale 56 63* 103 80* 22* 16* Sale Ex-rights. Nov. 8 101* Nov. 14 6* Nov. 9 32 Nov. 15 14* Nov. 15 5 Nov. * * 5*. 16* 89 3 18* 10 1 3 * % Nov. 2 16* Nov. 9 3* Nov. 25 50 Nov. 25 1* Nov. 15 11* Nov. 18 34* Nov. 13 * 13* 26 Nov. 4 18* Nov. 12 21* Nov. 12 Nov. 14 Nov. 15 Nov. 20 Nov. 28 Nov. 27 Nov. 1 Nov. 28 Nov. 14 Nov. 18 15 i." Jan. Jan. 22 Mar. 27 Apr. 6 Feb. 29 28 49* May 2 9 6 62 22 60 Oct. 3 Aug. 22 24 31 Mar. 14 Jan. 15 4 4 May 22 31* Jan. Nov. 19 May 23 119 June 10 135 IX 2% 9% 23* Jutae 26 101* 6* Mky 22 May 22 35* 16* June 4 9* May 21 1* May 16 Aug, 30 25* 4* May 15 Oct. Nov. May May 23 14 21 22 30 May 22 * May 21 3* May 16 22 May 23 20 May 21 50 Apr. 5 Jan. 9 4 7 Jan. Nov. May 8 Jan. 2 Jan. 3 Nov. 18 May 9 Nov. 14 Nov. 9 Jan. 11 Feb. 1 Jan. 10 Jan. 10 Jah. 10 Feb. 10 Jan. 3. 2* Sept. 13 12* Sept. 13 13* May 21 34* Nov. 13 7 28* Feb. 20* Apr. 22 14 May 21 24 2 May 21 May 22 Aug. 26 4% Feb. 23 29* Apr. 16 15 59 91 §8* 75 May 3 110* 22 115 June 10 108 June 108H May 23 120 May 21 25* 100* May 17 105 21 40* June 10 Jan. Jan. 4 4 Apr. 12 Apr. 9 Jan. Oct. 8 3 May 3 Apr. 29 Apr. 4 Nov. 8 Nov. 9 2X May 15 Nov. 2 9 8 May 18 May 15 8* Apr. Nov. 8 * Nov. Jan. 5 22 21 28* Jan. 28* Jan 5 J an. 4 19* Nov. 20* Nov. 102* Nov. 24* Nov. 12 24* Nov. 14 109* Nov. 8 134 Nov. 140 Nov. 8 31* Nov. 34* Nov. 33* Nov. 36 Nov. 1 26 36* Nov. 33* Nov. 8 27* May 21 28* May 21 Oct. 14 50 May 28 80 Nov. 15 85 May 24 103 9 Apr. 18* May 21 35* 93* June 13 120 A Oct. 31 74* Nov. 14 51 29 May 1« 11* Apr. 18 7% £rUg" 7 16* Nov. 7* May 21 Apr. 10 4* Mar. 23 May 3 3* May 22 4 57* Mar. 8 Jan. 38 2 14* May 22 24* May 77 Nov. 78 100 Nov. 103 28* Nov. 120 Nov. 72* Nov. 9 14 Nov. Nov. 6* Nov. 4* Nov. 21 * Nov. 27 1 * Nov. 2 Nov. 3* Nov. 4* Nov. 61* Nov. 30* Nov. 32* Nov. 21* Nov. 87 82 Nov. Nov. 54* Nov. 60* Nov. 100 Nov. 14 Nov. 15 33* Nov. 120 1 Nov. 9 9 74* Nov. 14 10* Nov. 28 16* Nov. 7 8* Nov. 12 5* Nov. 2 22* Nov. 1 2* 2* 4 * 5* 67* Nov. 14 Nov. 8 34* 36* 24* 99* Nov. 89 Nov. 58 65 Nov. 15 Nov. 8 111 Nov. 12 Nov. 14* May May 76 May 110 May Nov. 7 Jan. 5 Jan. 15 J* Nov. Nov. Nov. Nov. Nov. Nov. 119 June Jan. 6 7 8 Nov. 8 Nov. 14 9 9 Nov. 23 20* Nov. 12 17* Nov. 15 2* Nov. 13 J Companies reported in receivership. 60 29 39 Jan. Nov. 37* May 38* Feb. 13 3 39* J an. _ 3* Jan. 11 3* Apr. 22 Apr. 13 7* Apr. 22 M.ar. 70 7 2 121* Mar. 34* Nov. 55 12* Nov. 45* Nov. 97 May 21 Nov. 81 Nov. 20 Nov. 15 Nov. 23* Nov. 15 16* Nov. 23 Nov. 21 118 21 140 21 JS* May 18 30 May 13* May 21 7 21 Nov. Jan. IX Oct. 7 Nov. 14 Nov. 25 79* Nov. 14* 118* 116 Sale 10* z39* 40* Sale 93 * 96* 98* 17* 18* 317* 15 16* Sale 2* 2* 2* 118 11 4 9* Nov. 18 22 70 5 15* May 18 36* June 14 48 28* May 29 35 71 May 23 110 116 Sale 95 116 28* 13* 4* * 8 55* 23 54 X Nov. 5 8 20* Sale 21* Sale 131X 105 22% Sale 32 23* 16* 20* *j Nov. % Nov. 5 20 24 24 11 12 9 in 35* May 56* Jan. 60 Aug. 19 May 1 * May 14 32* Nov. 25 9 Nov. 22 Apr. Feb. Apr. Apr. Apr. 61 Apr. 18* Nov. 8 159 5 112 .Tune 24 Nov. May 10 May 23 Mar. 15 22* May 10 9 2 117* Apr. 112 July Nov. 14 4 June % Nov. 27 12 28 3* Nov. 14 June 25 29 * Nov. * Nov. 7* Nov. 9* 22* 20* Nov. 102 100* Nov. 50 30 72% Sale 9 8% 15* Sale 6% Sale 5% Sale likH 59 Nov. y< Sale IX 8* 108 X Sale 105 135 139* 135 36 Sale 33 36X 33H •Tune 26 12* May 24 May 24 45 2* Nov. 22* Nov. xll5*Nov. 0 14* 3* Sale 6 22% Sale 41 *6 Nov. 14 18 36* Nov. 11 5 4 , 42 May 21 76* 103* May 21 130 39* 5 48* 42* •Tune 2* IX Nov. 27 7* 5X May 28 2* May 18 330* Nov. 29 120 * * 8* 21* 101* 5* 29* 12* X Ex-dividend. 1 1* Nov. 8 6* Nov. 15 1* Nov. 7 Nov. 3 3* 3* 2* Sale 20* 19* Sale 17* Nov. Nov. 66 67 69* 70% 69* Nov. 12,103 Sale 100 101* Sale 108 Sale 110 107* Nov. 2 110* Sale Sale 99* Nov. 28! 102 119* 118% 118* 119* 118* Nov. Nov. Sale 17 19* 18* 17* Sale 103* 103* 104* 102* Nov. Sale 28* 24* Nov. 25* Sale Sale 4* 3* 3* Nov. 3* 7 32* 35% x Nov. 47 3* 116 pf.100 Cash sales, 10 Sale 6X Sale 36X Sale 27 IX 2% 4% 4% 62X 10 r 110 9X 577.600 Wool worth (F W) 10 + 314,200 Worthington P & M 850 7% preferred A._ 100 730 6% preferred B 100 Prior pref 4* % series... 100 27,600 Prior pref 414 % conv ser 100 25,600 7,160 Wright Aeronautical Corp * Wrigley (Wm) Jr * 28,060 32,200 Yale & Towne Mfg Co 25 939,700 Yellow Truck & Coach cl B-.l 7% preferred 4,380 ..100 * 78,300 Young Spring & Wire * 788,000 Youngstown Sheet & Tube 5 * % preferred series A..100 3,400 * 101,000 Youngstown Steel Door 154,300 Zenith Radio Corp ♦ 122,300 Zonite Products Corp __.l Deferred delivery, 70 Sale 90 68 * 110 Wisconsin Elec Pow 6% 38* 31X Sale 10 conv 136,3001 Woodward iron Co Sale 37 1 * 4X Sale 1 28X 95 17 102X Sale" 138 12 H 6 20 102 136 40 106* 118* Sale Sale Sale 37X 67 102 Sale ~ ■ Sale Sale 18% Sale Sale 26X 27 X [16 X * 1 Sale Sale Sale 1 47 12 46 9 44 32* Sale 97* 102 Sale 5 19 X 22 X $4 Sale 28% Sale 13 X Sale 30 X 24 X West Sale Sale Sale Webster Eisenlohr Wesson Oil & Snowdrift Nov. 27 Nov. 7 Nov. 1 9 Nov. 22 32* Nov. 135 31 Wayne Pump Co 76* Nov. 2 130 Nov. 29 Nov. 22 *« Nov. 16* Nov. 32* Nov. 25* Nov. 25 116 11X 47 X 33X 98 45X 32X 93 X Waukesha Motor Co.. 6% a Sale Warren Foundry & Pipe Washington Gas Light Co 32,000 Wilcox Oil & Gas 753,200 Willys-Overland Motors No par value, 9 Sale Sale Sale Sale 16$ 17$ 33 X 26 2* Sale Sale 1X $3 preferred 66* Nov. 27 124* Nov. Sale 58 22 X 5% Sale tWarren Bros Highest Sale Prices Sale 28 X 100* . ..10 Lowest Sale Prices 29 27 Nov. 115 112* 114* 114 43 X 44* 42* Nov. 42* 58 Nov. 66 80 Sale 16* 7* 8% IX IX 22 X Sale 3X Sale _ 7% preferred 17 X Sale Sale 100 Ward Baking Co class A Class B 7,100 9,900 375,900 White Motor Co 315,700 White Rock Min Sp£s Co 235,000 White Sewing Machine $4 convertible oreferred 3,900 Prior preferred........ 24,300 * 42 X 21* Walworth Co Walker (H) Gooder & W Ltd. Div redeemable pref Warner Bros 28* 114 62 Waldorf System... Walgreen Co 4 * % preferred with 15* 100 30~" Sale" 5 27,900 Victor Chemical Works * 3* 4* 60,600 Va Caro Chemical 6 % div partic pref 29 Sale 100 50,600 4,450 Virginia Elec & Power 6% pref* 117* 118 Virginia Iron, Coal & Coke— 6 * Sale 5% preferred 100 3,510 44 * 45 25 7,200 Virginian Ry Co 6% preferred....... 25 33* 35 16,940 93 Sale 2,220 Vulcan Detinniug. 100 7% preferred 60 100 132 14,300 33,000 47,500 47,800 8,900 322,700 74,000 16,800 12,800 29,700 28,505 —439,000 5,450 109,^00 6,100 17,500 24,000 30,500 40,700 99 Sale 19 * 16 33 * 114* 115* 5 44* Sale 7% 1st preferred 20 Sale * Corp * 100 Corp of America..* Highest Sale Prices 7 58 Nov. 4 60* Nov. Nov. 15 152* Nov. 29 157 X 150 Nov. 14 81 * Nov. Sale 4 100 152 82 100 pref..100 Preferred Vanadium Sale 128% 30% 46X 146 59 8% preferred Sale Sale Sale 153 * Tobacco Ask a:30* 47 Sale 47 45* 1* IX Sale 1% IX 6 Sale 5* IX Sale 1* "l% "IX 50 53 61 55* 58X 18 Sale 18 17* 17% Steel Universal Picture 1st Vadsco Sales 32* 25 1 * $6 conv preferred Universal 125 * United Stores A Lowest Sale Prices Nov. 30 Ask Bid Sale 68X Sale 69 X * 100 __ Universal-Cyclops 1 1940 Jan. 1 105,100 7,540 13,300 9,800 1,280 8,870 RANGE SINCE JAN. Jan. 2 N. V. STOCK EXCHANGE Since 42* Apr. 24* May 6 1 7 5 8 17 102* Oct. 22 Oct. 2 July 25 95 Nov. 15 58 June 5 June 17 65* Oct. 31 June Apr. 9 June 10 129 Apr. 26 May 23 93 Jan. 3 25 15* May 28 4 19* Jan. 9* May 21 98 May 25 126* Sept. 4 14 Apr. 18 6* June 10 3 26* June 10 48* Jan. 80 7* Nov. 25 May 28 4 28* J an. 12* May 21 8 17* Apr. 8* May 21 91 73 2 Mar. 1 H Called for redemption. New York Curb Exchange MONTHLY AND YEARLY RECORD OF PRICES ON NEW YORK CURB 1940 Stock Sales November Shares_ 1939 1939 $32,050,000 413,972,000 1940 $21,569,000 278,052,000 November 3,768,445 41,331,980 3,738,194 37,976,460 Jan. 1 to Nov. 30 EXCHANGE Bond Sales RANGE Jan. 1 to Nov. 30- sales, are disregarded in the month's range, unless they are the only transactions of the shown In a footnote in the month in which they occur. No account is taken of such NOTICE—Deferred delivery, under the rule and cash and when selling outside of the regular monthly range are month, sales in computing the range for the year. AGGREGATE Price NEW YORK CURB EXCHANGE In Since November Jan. 2 Jan. I STOCKS 3,595 800 2,700 163,100 32,800 21,000 61,200 7,800 30,200 2,525 3,920 3,175 18,000 6,700 600 1,900 600 200 170 200 Ask Par -10 5*4 Mfg Corp com—5 Sale 6 Sale Class B Ai nsworth Air Associates Inc (N 1 Sale * J) Sale Air Investors Inc common Convertible Sale preferred *4 Warrants preferred * 10.600 Allied Products Corp com.-.10 3,075 Class A 25 140,400 Aluminum Co common 1,850 600 9,650 2,450 500 2,900 3,800 6% preferred 7,600 Ameriban Beverage Corp 300 600 — * * * 600 2,100 800 300 100 4,500 1,975 1,000 7,200 505 Amer 30 536,900 201,200 17,800 11,250 230,112 6,050 33,000 13,325 1,400 11,000 54,000 17,600 6,400 1,600 33,300 1,425 5,900 850 125 1,000 Cyanamid com 10 10 American Gas A Electric 4*4% preferred American General Corp $2 preferred $2.50 preferred ...100 10c 1 1 Amer Hard Rubber Co com .50 16,050 American Laund Mach com .20 74,600 American Light & Traccom.25 4,700 6% preferred 25 6,400 American Mfg Co common. 100 950 5.100 200 1,350 50 '6,150 76,300 9,500 2,100 4,950 152,900 21,600 319,900 21,250 49,600 19,800 10,300 8,000 4,500 1,400 """575 12,300 800 60,100 1,200 8,000 3,100 1,300 1,700 300 990 500 5,300 18,400 2,300 100 Preferred 3*4 1*4 2*4 *4 2*4 17*4 2*4 2 10X 30 - 20 Sale Sale 19 140 115 16%' 18 Amer Potash & Chem Corp.. Amer Republics Corp com._l Amer Seal-Kap American Corp com Superpower 1st preferred $6 series.. Preferred $6 series American Thread 5% pref Anchor Post Fence common.. Angostura-W upperman Apex Elec Mfg Co common— Appalachian Elec Power— $7 preferred lArcturus Radio Tube Arkansas Nat Gas common. Class A non-voting.., 6% preferred -.10 Arkansas, P & L $7 preferred. " 3,855 100,800 64,800 205,929 67,600 1,560 1,500 Aro Equipment Corp 13,800 Art Metal Works common. 59,800 Ashland Oil & Refining Co.. _ . Sale 160*4 118*4 17*4 Sale 18*4 Sale Sale 99 90 35** 4*4 'S Sale Sale Sale 1*4 *A 12*4 14*4 68 72 'A *4 33 31 IX 33*4 Sale" 32*4 1*4 "~A 13 Sale 38*4 "3*4 Sale" 25*4 25*4 30 . 12 31 Sale 16X Sale Sale 16 15% 28*4 23 20 36 i Sale 37*4 % Sale 15*4 Sale % 13 12 35*4 112*4 3*4 Sale 28*4 31*4 21*4 Sale 17*4 14*4 Sale Sale Sale 34 Sale 28 27*4 *4 35*4 35*4 18*4 A 11*4 29 114*4 3*4 28*4 31*4 21 18*4 1 11 Nov. 6 12 Nov. 27 Nov. 1 Nov. 9 2*4 Nov. 12 Nov. 12 25 Nov. 28 A Nov. 14 Nov. 28 84*4 Nov. 19 103*4 Nov. 20 92*4 Nov. 26 93*4 Nov. 7 Nov. 26 102 3*4 1*4 2*4 17*4 21*4 2*4 Nov. 9 17*4 Nov. 14 22*4 Nov. 14 Nov. 74*4 5*4 4*4 81*4 Nov. 8 Nov. 26 97 36 66*4 43*4 2*4 1*4 *4 1 Sale 12 *4 10*4 112 Sale 2*4 2*4 8*4 Sale 1*4 Sale 2 Sale 5 Sale 9*4 5*4 5 Sale 5 100 American deposit rects—£ 13,900 30,100 tAssoc Gas & Elec common.. Class a 184,900 $5 preferred 29,300 — 800 Assoc Laundries of America.. 800 V t 7*4 8*4 A Sale *4 Sale 5*4 10 3~,300 *4 1 65 102 3 70 55 3 61*4 106 Sale For footnotes see page 53. *4 2*4 *4 5*4 300 Assoc Tel A Tel class A Coast 100 30 Atlanta Gas Light 6% pref .100 1 93,500 Atlantic Coast Fisheries 2 A Sale Sale *4 c common Atlanta Birmingham A RR Co preferred 40 3 2 Nov. 25*4 June 6 22*4 June 20 *4 June 11 Nov. 31 Jan. Nov. 26 Sale 33*4 Nov. 15*4 Nov. Sale A 11 Nov. Sale 112 Nov. Sale 29*4 34 22*4 18*4 5*4 4*4 Sale 59*4 8*4 Sale 2*4 Sale 13*4 3*4 Nov. 28*4 Nov. Nov. 4 7 Nov. 31*4 Nov. 8 34*4 Nov. 12 Nov. 22 Nov. 17*4 Nov. 20 Nov. 18 !i* 1 Nov. 19 13 27*4 Nov. 25 21 Nov. 1 *4 Nov. 29 Nov. 4 8 Nov. 29 2*4 Nov. 30 1*4 Nov. 1 *4 Nov. 28 12 112*4 112 7 14*4 Nov. 4 27*4 Nov. 25 25*4 Nov. 8 34 *4 Nov. 14 Nov. 16 75 Nov. 14 6*4 Nov. 4*4 Nov. 9 % Nov. 66*4 Nov. 14*4 Nov. 3 Nov. 13 2*4 Nov. 14 1 Nov. 7 12 Nov. 1 Nov. 26 113*4 Nov. 4 8 4 1 Nov. 1 A Nov. 1*4 Nov. 29 2 6 13*4 Nov. 8 1 35*4 Nov. 114*4 Nov. 29 Nov. 29 Nov. 14 Nov. Nov. 12 Sale *4 2*4 2*4 8*4 Nov. Nov. Nov. Nov. 29 if! 2*4 Sale May Nov. May May July 2*4 May 22*4 May 26*4 May 8*4 A 9*4 25*4 107*4 Sept. 21 Apr. 16 Nov. 15 Nov. Feb. Mar. May 8 21 4 4 Mar. 30 1 Apr. 11 2*4 Apr. 19 A Apr. Jan. 10 2 20*4 Jan. 80 Mar. 28 *4 35 33*4 1*4 Jan. Apr. 3 1 10 Sale 34*4 Mar. 21 May 21 22 Nov. 13*4 June 3 11*4 May 22 25 May 28 20 Nov. 18 11 31 13*4 May 21 65 May 24 *4 June 4 23 May 21 1*4 *4 May 15 8*4 May 21 108 2*4 11 26 9 16 11 36 29 Jan. 2 Feb. 27 15 Apr. 18 May 29 115 A Feb. 8 1 *4 May 22 90 Nov. 20 10 Nov. 25 4*4 Nov. 6 Nov. 1 5 4*4 Nov. 5*4 Nov. 10 Nov. 25 9 4 8 4 May 21 May 24 A A 1*4 *4 Nov. 29 Nov. 29 Nov. 29 Nov. 9 A *4 2*4 *4 1 60 Nov. 2*4 Nov. 7 7 60 3 Nov. Nov. 8 15 A Oct. A Nov. 29 1 May 15 X Mar. 8 Nov. Nov. Nov. Nov. *4 2*4 65 16*4 Jan. 29*4 Jan. 25*4 Apr. 73 May % Jan. *4 Jan. 17 *4 June 29 .Aug. 16 109*4 Apr. 3 6 4*4 Aug. 15 10*4 May 6*4 Mar. 12 3*4 May 23 *4 June 28 *4 May 15 Jan. 9 48 June 8 75 17 Jan. 8 6 May 21 3 *4 Feb. 2*4 May 23 6 2*4 Nov. 14 1 May 21 6*4 May *4 1*4 7 65 Nov. 25 Nov. 19 3 1*4 1 5 1*4 May 21 6*4 May 23 87 May 17 2 10 5*4 Mar. Apr. 4 37*4 Nov. 4 8 39*4 Jan. 9 24 19*4 Apr. Jan. 6 8 A 22 14*4 Apr. 27 8 21 39*4 Jan. 8 114*4 Nov. 29 Apr. 4 21 4 31 31*4 Mar. 13 8*4 Nov. 26 87*4 Nov. 12 Sale A 55 May 21 Nov. 14 May 21 39*4 Sale Sale 103*4 2*4 4 A Nov. 15 11*4 Nov. 30 65 June 12 *4 May 28 Associated Elec Industries— 4,000 35,700 1,600 34*4 Nov. 8*4 11*4 A IX 37% 36*4 19*4 93*4 10 90 30 5*4 3*4 *4 58*4 2 16*4 5*4 42*4 32*4 Nov. Sale 2*4 108 Nov. 26 Nov. 15 4 12 2 22 4 22 24 30 Nov. Sale 8 17*4 23 192*4 May 119*4 June 18*4 May 11*4 May 110*4 Sept. 109*4 Oct. 30 1*4 Nov. 1 49*4 May 22 7*4 May 21 July 138*4 Jan. Nov. 67*4 Nov. 7 4*4 Nov. 4 4 Nov. 28 *4 Nov. 12 60*4 Nov. 26 3 Nov. 13 8 8 A Nov. 22 69 Sale Nov. 70 65 Sale Nov. 14 1 30 Sale 2 17 A Nov. 15 8 14*4 Nov. 32*4 A 5*4 Nov. 14 5 1 111*4 July 22 111*4 July 22 3 Aug. 26 2 Feb. 9 1*4 Feb. 8 *4 May 21 *4 Nov. 25 31*4 *4 Sale Nov. 15 8 Sale 68 8 3 15 3 4 19 30 *4 Nov. 37*4 Nov. 23*4 85 31 18*4 Nov. 14 7*4 Nov. May 21 14*4 May Jan. 11 3*4 Apr. 1*4 May 21 17*4 Jan. 13 30*4 Apr. % Apr. *4 May 21 58 June 7 84*4 Nov. 90*4 May 23 108*4 Apr. 98 Mar. 82 May 25 27*4 21 85 9 119*4 Nov. 15 4 28 30 Sale Sale Nov. 166 Sale Prices 22*4 Jan. 2 22*4 Mar. 13 7 May 10 10 Sale 21 *4 *4 Nov. 15 *4 Nov. 15 2 20*4 July 31 4*4 Jan. 16 Sale 28 89 6*4 Sale 93*4 Sale 112*4 5*4 5*4 Sale 13 70 *< 2*1 Sale Sale Nov. 21*4 Nov. 19 6*4 Nov. 8 7*4 Nov. 14 1*4 26 22*4 A *4 77*4 x76*4 27 A h 2*4 2*4 7*4 1 2 29 30 7% 7% 5X Sale *4 Sale 73 74*4 15*4 15*4 3*4 Sale 1*4 1! 2 1! 13*4 12*4 11*4 Sale 85 84* 88* 2 6 7 27 Sale Sale 68 Sale 32 31 35 12 Nov. "7 21 Nov. 5*4 Nov. 21 24 16*4 Nov. 21*4 Nov. Sale 157 z155*4NOV. 118*4 118*4 117*4 Nov. 19 17*4 Nov. 18*4 7 6 Nov. 6*4 Nov. 77*4 276 75*4 99*4 93 Nov. 97, *4 *4 A Nov. 34*4 34*4 34*4 Nov. 5 4*4 4*4 Nov. % *4 Nov. A A Nov. 11*4 Sale 11*4 Nov. 68 70 Nov. 71*4 *4 Nov. *4 Sale 80 31*4 28*4 IX 16*4 20*4 22*4 21 6 % _ 100 9*4 32 Amer Pneumatic Service—.. 92*4 21—19*4 Nov. 27 Sale Highest Salt-Prices 13 " May 21 "Sale Prices Sale Prices 100 2*4 *4 1 American Maracaibo American Meter Co 93*4 3 IX 2*4 American Export Lines com__l Amer & Foreign Power warr— Amer Fork & Hoe Co com—* *4 103*4 102*4 93 1 -. 21/' 74* 105 class A. 10 Common class B non-vot ifH 11*4 2*4 Sale 80*4 77 103 100 5,160 American Book Co 100 19,600 Amer Box Board Co com 1 3,400 Amer Capital Corp cl A....10c 6,100 Common class B 10c 3,300 S3 preferred * 1,150 $5.50 prior preferred * 41,800 American Centrifugal Corp._l Amer Cities Power & Lt Corp— 7,825 Conv class A 25 7.800 Class A with warrants 25 Class B --1 48,300 750 1,900 3,400 100 11*4 2*4 22*4 *4 Sale conv 25,250 6% preferred 7,300 Aluminum Goods Mfg 10,900 Aluminum Industries com 53.650 Aluminium Ltd 400 . $3 19 21 Sale Ala Gt Sou RR 950 lS 21*4 6*4 21 21*4 Sale 22*4 Ask Lowest Highest Lowest Nov. 30 Sale Sale 1 Supply Mfg class A Allied Internat Investing— 400 1 Bid"—Ask Bid- 1 Acme wire Co common.-.1 Aero ordinary....60 Ala Power Co $7 preferred—* $6 preferred Allegheny Ludlum Steel— 50 7% preferred 100 1,700 A lies & Fisher Inc common—* 2,100 Alliance Investment common * 525 250 Nov. 1940 Shares Shares JAN. 1 RANGE SINCE PRICES IN NOVEMBER SALES 7 I§ 60 100 A Feb. 21 May 29 Oct. July 1*4 June 5*4 Jan. 8*4 A *4 5*4 *4 Feb. 24 Jan. 2 Jan. 10 Jan. 3 Mar. 8 A Feb. 21 2*4 Apr. 6 68 8 Apr. 9 Oct. 21 1 108 8 4*4 Apr. 16 42 NEW EXCHANGE CURB YORK AGGREGATE SALES In PRICES IN NOVEMBER NEW YORK CURB EXCHANGE Since Jan. 1 i November Shares 7,440 11,300 260,500 14,100 28,000 20,200 19,100 13,000 20,700 6,900 1,275 (Continued) Par Atlantic Coast Line Co Atlantic Rayon Corp 50 1 Corp warrants Atlas Drop Forge Co com Atlas Plywood Corp Auburn Central Mfg Corp 3 54 * * J Austin Silver Mines Automatic Products Corp 1 Auto 150,120 Babcock & Wilcox Co Baldwin Purch • 1554 Sale 1554 "n el 16 18 1654 i k ih 354 Sale SIM Sale 1454 Bid 16H 354 X 354 15 X IX Sale warr for common 754 Sale Baldwin Rubber Co com..—1 Bardstown Distillery Inc 1 6h 754 1 8 X X 54 Barium Stainless Steel Barlow & Seelig Mfg conv Basic Dolomite Inc common. _1 1 * 100 7% 1st pref vot tr ctfs__.100 Beech Aircraft Corp com 1 Bell Aircraft Corp common—1 Bellanca Aircraft common—1 BeU Telep Co of Canada... 100 Bell Telep of Pa 654 % pref.100 Benson & Hedges common— * pr 41,900 Berkey & Gay Furniture Co.-l 20,900 Purchase warrants. •5,250 Bickford's Inc common * 2,600 $2.50 conv preferred * 6,100 Birdsboro Steel Fdy & Mach_* 900 Biauner's common...... * 288,900 Bliss (E W) & Co common—1 554 1554 254 154 354 154 354 554 1754 5 1«* 15 x 254 37 X 3X 1754 16 17 15H Lowest Highest Sale Prices Sale Prices Ut Nov. 28 354 54 354 1554 154 Sale 1554 3 Sale 3% IX Highest Sale Prices 16 454 IX 3ps Nov. 26 Nov. 22 Nov. Nov. 4 Nov. 6 18 Nov. 12 9 354 Nov. 13 54 554 1754 3 54 Blue Ridge Corp common—1 $3 optional conv preferred.* Blumenthal (S) & Co com '~m i'7x 12 X Sale 1) 20 20 5 4X 1254 754 20 754 12254 3754 45( ,\y» 23 21 554 454 15 Sale Sale Sale 144" 40 Sale Sale "u* Nov. 6 Nov. Nov. 22 Nov. 6 % 454 3754 354 Nov. 25 Nov. 25 Nov. 1 Nov. 1 2 54 Aug. 28 34 May 25 3 Jan. 19 53 Nov. 1854 May 21 3054 Oct. 18 3454 854 754 54 154 1154 754 1854 9 13 18 % Sale 35 30 3054 Nov. 354 7 Sale 654 Sale IX Sale 12 654 15 X Sale Sale 1 4 7 7 6 754 1754 Sale 1 354 Nov. 6 1554 Nov. 6 % Nov. 4 54# July 8 54 Mar. 6 May 22 354 May 23 954 May 21 154 Nov. 12 1154 Nov. 7 7 8 Nov. 29 1854 Nov. 12 1 29 25 29 25 Nov. 22 25 Nov. 22 28 25 Nov. 25 Nov. 20 4X 3h 13 X 5X 21X 554 4X 17 454 4 1454 554 454 , Sale ~ 154 154 4054 654 354 % Sale 40X Sale 854 Sale 2% 30 2oH 2854 41 6X 6 Sale 24 4254 754 * * 3554 34X 100 100 _* Sale J*7.** Sale 3 49 254 154 2854 36X Sale 2 36 55 9 Sept. 11 pt. 1 54 Feb. 19 454 Apr. 15 Jan. 2 354 Apr. 30 2 "14" "14H 13 38 h 3954 854 Sale 354 454 14 Nov. 454 Nov. 13 434 Nov. 28 554 Nov. 12 2454 Nov. 12 554 Nov. 12 Nov. Nov. Nov. 111 Nov. Nov. 11954 Nov. Nov. Jan. 6 25 6 Jan. Jan. 9 554 Apr. 15 Nov. 19 114 23 Nov. 28 37 4 30 54 Mar 1 Xi 1454 Nov. 18 40, Nov. 29 854 Nov. 12 54 Sale 54 3854 Sale 3854 754 854 754 154 2 154 20 1954 23 35 3654 x35 654 754 654 Nov. Nov. Nov. Nov. 354 Nov. 1654 Nov. 25 30 22 29 Nov. 13 Nov. 28 Nov. 18 1 Nov. 4054 Nov. 9 Nov. 54 3 54 354 8 54 1154 34 IX •30 40 3X 3 154 2954 1254 Sale 354 1 Sale 1 42 Sale 48 12X 35 1154 3354 1254 1354 1254 11X 54 354 54 354 554 954 4 54 Sale Sale Sale Nov. 12 Nov. 8 Nov. 28 Nov. 4 Nov. 6 Nov. 6 54 Aug. 13 33 54 June • 5 3 54 May 22 45 154 June 26 1654 May 21 254 3154 4854 754 6 7 28 Registered * Amer dep rets ord bear._£l Amer dep rets ord reg £1 Celanese Ltd— 1854 Sale 1854 2054 IX 1 *A Nov. Nov. 27 Nov. 7 354 Nov. 1 154 Nov. 25 30 354 154 Nov. 29 354 Nov. 29 Apr. 254 Nov. 2 4 49 4 12 38 1254 35 29 354 Nov. 15 154 Nov. 13 1154 Nov. Sale 1 154 May 22 May 14 154 Apr. 2 54 Anr. 2 20 May 28 1054 May 24 30 May 17 2 Nov. 41 Nov. 15 Nov. 8 454 Sale Canadian Marconi Co _.l 3,275 Capital City Products 33,000 Carib Syndicate com * 25c 1,100 Carman & Co conv A stock. _* Class B * 5,500 * 15,400 Carnation Co common 2,630 Carolina Pow & Light $7 pref.* 590 $6 preferred .__* Corp common Carter (J W) Co common Casco Products Castle (A M) & Co Catalin Corp ot America Celanese Corp of America— __1 13,000 Cent Ohio Steel Prod 38 12* al\* 28 Sale 22 21 Sale Sale 1 1% Sale 1254 Nov. 30 Nov. 54 Nov. Nov. Nov. Nov. Nov. 54 % Me 1 4X A 154 X Sale IX Sale 1054 254 2054 2254 6X Sale 254 354 254 354 2254 24 X 554 39 10054 Sale 92 X Sale 5 38 X 13 X Sale 1 254 107 7 X 11 Sale 2% Sale Jk* 0VA 72 Sale 21 1454 Sale 14 H '97 X ~$7X 8 354 1354 654 Sale % *54 Nov. 13 54 154 1054 12 254 Sale Nov. 1 Nov. 14 28 Nov.-* 4 Nov. 1 Nov. 1054 Nov. 2 2 Nov. 18 9 4 Nov. 8 Nov. 4 18 Sale 54 954 Sale 14 554 554 154 154 154 154 *A Sale 854 9 54 54 Nov. 27 454 Nov. 27 154 Nov. 13 0 8 54# Nov. Nov. 1 6 54 Nov. 18 Nov. 8 254 Nov. 1 1454 Nov. 6 654 Nov. 4 154 Nov. 13 % Nov. 4 854 Nov. 26 54 Nov. 19 20 24 24 1954 Nov. 23 1954 Nov. 23 554 654 554 6 6 Nov. 554 Nov. 15 6 35 Sale 35 Nov. 4 3654 Sale 3654 Nov. 1 11054 112 10954 Sale 10954 Nov. 1 11154 Nov. 27 10554 10654 10654 108 10654 Nov. 6 10654 Nov. 22 20 854 654 754 2154 3 Sale 754 8 22 Sale 954 954 8 7 754 854 754 Nov. 22 754 Nov. 18 754 19 354 22 21 354 3 Nov. 6 Nov. 27 Nov. 1 1154 Nov. 15 754 Nov. 25 854 Nov. 8 23 Nov. 8 354 Nov. 12 130 Sale Sale 12254 Nov. 7 132 4 54 Nov. Sale 554 6 54 4 654 98 Sale Sale 8254 Nov. 1 98 43 Sale 27 2954 2854 Nov. 4 4354 1354 1254 Nov. 26 1454 145£ 1354 Sale 110 11454 110 11354 8954 91 95 Sale 8754 Nov. 25 95 8 954 9 Sale 854 Nov. 27 10 ' 123 54 Nov. 27 454 Nov. 15 8254 Nov. 30 • 3 454 Oct. 154 May 49 9 Nov. 15 Nov. 6 Nov. 1 Nov. 12 « 54 Sept. 1054 Oct. 154 Feb. 17 May 554 Apr. 9 54 July 454 Nov. 1 June 1 NOV. 15 1454 Apr. Mar. 6 5 17 Apr. 5 2054 Feb. 1 20 9 Feb. 154 Mar. 22 1 Feb. 27 9 7 5 Feb. 13 4 9 43 Jan. 1454 Jan 254 Jan. 154 Jan. 54 June 7 54 May 23 • 5 7 34 108 54# Aug. 8 14 17 Jan. 2254 Jan. Jan. May 54 June Nov. 13 11 Apr. 354 Jan. 49 38 16 May 9054 May 22 5 16 Sale 54 8 11 3854 2154 10054 1454 June 154 Nov. 554 July 1 19 154 1 Sale 954 Sale IX Sale 11 Sale 9854 1354 54 54 22 19 30 154 Nov. 12 3 7 1 254 May May 17 4 454 Jan. 1154 Jan. 26 154 May 36 Nov. 3% May 21 254 Nov. 15 1 Feb. 15 Feb. 13 Feb. 9 Apr. 8 Nov. 26 Mar. 28 1854 Feb. 2 8 4 54 854 154 854 854 1754 Nov. 25 254 Nov. Nov. 154 May 15 154 10 Apr. 8 254 Nov. 854 Nov. 4 Mar. 26 Mar. 28 7 Nov. 25 154 Nov. Apr. Nov. 7 Nov. 28 8 4 154 Jan. 9 36 May 554 Feb. 2 2054 9854 1254 X 54# % 54 13 30 15 Nov. 14 9 38 Sale Sale 21 254 154 954 May 22 754 July 18 754 June 18 7X Nov. 12 754 ijx Vs 7A 10 10 154 Jan. July 1654 Nov. 27 2054 X X 7 X 8 16 18 3854 IX 10 X 20 1354 Nov. 19 38 IX 13% Sale" 254 2% 1 7X Nov. 12 2054 9854 1254 54 54 40 10054 1254 X X* 17 52 13 2 30 Sale Sale 4X * 1 254 154 1054 3854 4 1 7% 1st partic preferred-.100 23,450 15 17,600 Celluloid Corp common 1st preferred part 2,060 * $7 dividend preferred * 6,150 19,400 Cent Hudson Gas & Elec com.* 170 Cent Maine Pow 7% pref..100 100 12,555 Cent N Y Pow 5% pref 19 2054 254 9 30 * 1,225 Canadian Car & Fdy 7 % pref 25 183,200 Canadian Colonial Airways—1 * 3,400 Can Indus Alcohol class A B non-voting * 13 1954 254 754 2 1% Cables & Wireless— 5 754 654 1654 4,600 Cable Elec Products com—50c Voting trust ctfs.. 50c 9,700 140 Camden Fire Ins Assn 100 Canada Cement Co Ltd 12 Jan. 36 54 Sept. 25 54 Nov. 28 254 Tune 26 354 May 15 8 May 28 854 Nov. 26 1354 Nov. 14 Nov. Nov. 1 4 2 54 Aug. 21 y4 3M % 154 Sale 27 — Am dep rects 554 % pref__£l 1,000 20 6,400 Calamba Sugar Estate Co Callite Tungsten Corp 1 104,700 7X 7 June 454 May 22 7 3554 2 Sale 6 2254 May 10 1 1 Apr. 16 Mar. 26 854 Nov. 12 2 154 Nov. 29 2054 Nov. 4354 Nov. 754 Nov. 40 54 May 254 May 12 Aug. 4 2 Mar. 13 J Sept. 1054 July 36 54 June 8 22 Jan. 4354 Jan. 24 4654 Apr. 5 Apr. 19 Feb. 27 June 7 *#4 Nov. Mar. 16 136 May 5Sa Nqv. 15 6 125 Apr. Nov. - 9 854 Feb. 3254 Apr. 15 9 854 Feb. 354 May 1354 July 3 May 88 July Nov. 3954 Nov. 754 Nov. 354 Nov. 1254 Nov. Sale 25 3 Nov. 30 29 2 Nov. 27 May 10 Apr. 3 Apr. 1 Nov. 12 Oct. 25 Jan. 9 Nov. 12 Apr. 2 4 Jan. Jan. Nov. !«« 33 X 12 * 1 19,100 Brown Forman Distillers 100 $6 preferred * 67,400 Brown Rubber Co common. .1 9,600 Bruce (EL) Co 5 11,000 Buckeye Pipe Line 50 74,050 Buff Niag & East Pow pref.25 $5 1st preferred 14,200 * 72,200 Bunker Hill & Sullivan—2.50 3,400 Burma Corp Amer dep rets— 12,700 Burry Biscuit Corp 12 He Feb. Mar. 28 354 May 17 354 Now. 20 1254 Feb. 21 1 17 554 Sale 454 Sale 20 2054 Sale 454 454 454 4% 108 X 10954 10754 110 107 118 120 119 122 ' 11954 31 23 X 29 Sale 2354 37 34 X 3754 40 37 A Sale 54 654 3X 1 454 Nov. 19 354 Nov. 20 Sale 15 6 Mar. 21 21 25 14 k Sale 54 Sale Sale 1154 Sale 1 Class A 53. 3 May 21 454 May 21 454 May 23 25 1454 654 254 2654 54, Nov. 27 6 654 Nov. 29 % Nov. 4 154 Nov. 6 1054 Nov. 25 154 Sale 11 6 25 654 40 3454 654 Sale 654 6 54 o 1 * Preferred see page Nov. 1454 Jan. 54 July 3454 Nov. 27 754 Nov. 9 654 Nov. 15 Xt Sale 254 454 X 54 354 Sale 654 Sale 1054 Sale 100 * 1,700 dep rets ord reg 10s 550 British Col Pow class A * 30,400 iBrown Co 6% preferred-.100 Brown Fence & Wire com—1 13,000 Class A preferred 2,100 -* For footnotes 18 54 254 3454 354 Nov. 2654 Nov. 28 14 54 Sale 654 854 154 154 754 754 Carrier 12 Nov. 26 34 3954 754 * Common Am 134,900 4,100 9,600 1,150 59,028 Mar. 14 17] British Amer Tobacco Ltd— *91",900 20 7 2754 Sale 12H 5 British 7 51 Nov. British-American Oil Co— 2,200 2,979 May 9 Nov. 20 Jan. 11 Jan. 15 13 IX Nov. 354 Nov. 22 4 15 Mar. 19 Nov. 30 6 Sale 38 27 26,800 rp class a Class 8,100 7% preferred 19,700 2,600 Brillo Mfg Co common 9,100 Feb. 6 6 Sale 3854 7k 1354 38 * Bourjois Inc... 25 Bridgeport Gas Light Co 57,800 Bridgeport Machine com 380 6 254 554 1954 354 54 154 65 75 Nov. 29 X 164 * Bohack (H O) Co common—* 7% 1st preferred 100 Borne Scrymser Co...--.--25 3,100 7% 1st preferred 2d preferred.. 9,330 98,800 Brazilian Tr Lt & Pr ord 106,500 Breeze Corp 694,000 Brewster Aeronautical 530 2354 Jan. 5 Bowman Biltmore Hotels— 12,600' 25 31 21 22 6 25 11 22 22 154 Nov. 354 Nov. 3354 354 3 54 5 June 354 Oct. Me May 2 May 1154 May 154 Sept. 54# Jan. 54 June 354 May 354 May Nov. 8 Nov. 30 Nov. 13 Nov. 20 X Sale Sale Sale ..—— 44,200 16,200 21,200 4,200, 3,160 18,000 10,200 16 X 16 354 54 454 Sale Sale Sale 11 A..5 535 ' 1754 Lowest Sale Prices Ask Ask Bid 32 X 21X 30 7,200 Beau Brummell Ties Inc 1 1,600 Beaunit Mills Inc common. .10 320 $1.50 conv preferred 20 172,200 294,800 85,900 4,153 1,525 1,010 1 Locomotive— 7% preferred Bath Iron Works Corp 600 Baumann (L) & Co com 370 7 % 1st preferred 450 "% Atlas 5 Voting Machine com * Avery (B F) Sons Co 5 6% preferred with warr 25 975 6 % preferred ex-warr.... .25 8,900 Purchase warrants 516,900 Aviation & Transport Gorp__l 4,730 Axton Fisher Tob class A 10 4,700 Ayrshire Patoka Collieries __1 34,650 317,500 10,600 8,100 109,600 5,550 17,900 388,600 Ask Bid Nov. 30 Nov. 1 1940 STOCKS RANGE SINCE JAN. Price Jan. 2 10 9 2 28 3 30 27 17 54 May 20 654 May 23 54 May 18 r ss. 5 12 5 3 12 354 Apr. 25 1854 Mar. 29 254 Apr. 15 Oct. 11 554 Apr. 3 20 22 Jan. 3 1154 Apr. 16 254 Jan. 22 IX Apr. 954 Jan. 154 Jan. 8 3 2 25 Feb. 9 754 May 1 4054 Apr. 11 9754 May 27 11154 Nov. 27 86 May 22 10654 Nov. 22 1854 May 28 454 May 29 27 May 15 554 May 21 554 May 24 6 May 15 15 June 10 154 May 24 98 May 254 June 6954 Jan. 2054 Jan. 1254 Nov. 10654 8754 Jan. Nov. 656 May 15|4 Jan. 3 754 Apr. 29 8 Nov. 8 354 Nov. 12 12 Feb. 23 132 Nov. 27 Nov. 15 98 43 54 1754 11054 10554 1054 Nov. 30 Nov. 15 Feb. 8 Sept. 23 Apr. Apr. 5 9 AGGREGATE In STOCKS 3,455 Cent Pow & 125 (Continued) Par Light 7%pref 100 775 7% preferred 100 6% preferred 100 Conv preferred 100 Conv pref opt ser 1929--100 Chamberlin Metal Weather Strip Co.. -5 Charis Corp common .-10 Cherry-Burrell Corp com—-5 Chesebrough Mfg—----—25 Chicago Flexible Shaft Co—5 Chicago Rivet & Machine 4 Chief Consol Mining Co -1 400 3,625 9,200 2.150 825 2,125 700 1,000 4,800 2,875 1,600 6,400 17,050 7,700 2.900 11,000 1,075 13,375 Childs Co 1,450 200 125 350 850 8.100 1,400 140 110 190 . 3,300 1.300 250 * 4,200 Cohn & Rosenberger com "400 3.000 m .13", 500 - -. 21,000 Colon Development Co Ltd-is 6% convertible preferred £1 3.900 96.400 Colorado Fuel & Iron warr... Colt's Patent Fire Arms Mfg 25 30,580 Columbia Gas'& Elec Oprp— 11,000 Warrants — 282.725 7,100 Commonwealths Dlstrlbut— Community Public Service—■ 59.325 600 —25 Common 19.300 300 7,200 Community Water Serv Compo Shoe Machinery— V t c ext to 1946 1 11,100 Conn Gas & Coke Security— 1.500 50 500 4.700 3,020 380 1,150 12.800 500 71.100 8.000 4,300 380 " 3,000 6.700 7,700 950 50,700 5.400 15 600 210 1.690 1,400 75.100 600 11,100 700 900 3.100 125 3,000 39100 100 50 2.400 50 2,400 29.700 1.075 1.460 13.300 200 2.975 740 1.100 12.700 270 390 400 5,300 3,300 2,300 2,200 19 700 900 10.500 10 800 17 200 9.600 1 50 Croit • 2% 64 2X Sale 34 1X Sale % 7% 78% Sale Sale 8% 82 93 98 10034 7% 734 91 5% 1634 % 4% 6% 1734 40 41% 4% 2 34 2% 4% 234 2% 17 X Sale 2V 81 117 3% Sale 117% X 3% 434 79 Sale 82 63% IX 65 Sale 58 »n Sale 1% Sale 25% Sale 99 Nov. 25 634 534 1634 %« Nov. 8 Nov- 12 1 Nov. Nov. 23 Sale 3% 37^ 3% 134 Sale 5% Sale 83 34 6034 134 7 1 Nov. 1 IX 23% 24% 13 14% 15 35 6 Nov. 78 Sale 2 Sale 119 117 Lt Nov. 30 95 97 7* 100 1% 6% 9% Sale ..... Sale Sale 10% 8% 32% 4% Sale 34% 5% % ' 1 2 72 in 1 % Sale 94 % X 94 8% 9 9X 3 73^ 134 IX 6934 IX o Sale 120 116 Nov. 26 2534 Nov. 34 Nov. 134 No?. 29 1 % Nov, 18 29 6934 Nov 118 Nov, 14 2 54 2X 97 104% 100 154 1X 1% 554 5X Sale 92% Sale 'A % Sale 10% 8% 32%. 9% 36 IX 1 70 Sale 11 5% Sale 7/s % l3/ 1 Sale Sale 8 Sale 6% 2% Nov. Nov. Nov. Nov. Nov. June 7 IX May 23 2% 13 % 5% % 1% 1% 4% 25c 25 Crown Drug common Cuneo Press 6%% 10 2% 3H pref....100 5 * -1 Class A conv 4% Sale Sale 35 1 a29,H Sale Sale Dejay Scores Inc common 1 Dennison Mfg Co class A—-5 $6 prior preferred -50 8% debenture stock 100 Derby Oil & Ref com * A conv 6 1654 554 %6 134 2 34 434 Detroit Detroit 20 £1 Dominion Sceel & Coal B IX UH 14 X Sale 4% 11% 5 12 X Dominion Tar & Chemical.__* 5 %% For footnotes see page 53. 100 * 33% 1% 32% 11% 13 17% 1834 lVs Sale 2% 2% % % 23 Sale 24 27% 10 10% 12 131/ 1% 2% . IX Divco-Twin Truck Co com—1 1 * -.25 Sale 18% Sale 25% 5% 4% 3 7% A* 6% 3 13 7% 3% 1 Sale 35 IX 34% 30 4 34 154 134 434 334 1734 10 34 2554 5 99 Nov.. 25 Nov. '7 10 27% 10% Sale 454 1734 12 34 27 34 534 134 2 34 •34 2134 4 Nov 29 Nov. 4 Nov. 22 Nov. 6 * Feb. 15 Feb. 2 154 Oct. 334 Feb. Apr. 8 Feb. 2 1% 3 7X 6X Sale - 334 154 May 21 75 May 22 105 154 134 Oct. 19 734 334 May 15 71X 74 Jan. 6 5 24 Nov. 28 Jan. Nov. 4 8 Jan. 8 % May 24 Jan. 26 34 May 18 134 Feb. 15 2234 May 23 Nov. 29 2 July 5 834 Feb.. Apr. 23 84 4 23 55 8 14 18 4 5 134 108 154 634 . 16 Nov. 28 Nov. 15 Nov. 28 Nov. 15 Nov. 8 Nov. 7 Nov. 15 Nov. 14 Nov. 25 Nov. Nov. 14 Nov. 18 a: 34 Jan. 4 954 Nov. 8 1134 Nov. 23 Feb. 15 Feb 16 Apr. 8 Apr. 9 Oct. 30 *88 Jan. 3 May 21 26 May 14 112 1 Feb Nov. 16 154 Nov. 16 8 Oct. 16 Aug. 26 234 May 28 Nov. 15 July 834 May 21 May 434 May 3 June 34. May 11 22 17 28 5 4" llH 8 5 22 15 9 14 5 Feb 16 Jan. 3 Apr. 9 Feb. 23 Nov. 7 Jan. Feb. Jan 33 6 103 Oct. 4 8434 Feb. Jan. 3 1 2 Sept. 18 29 Sept. 26 3734 May 29 14 Feb. 734 May 15 1534 May 15 34 134 34 1234 2154 May Feb. Nov. May Sept. 15 23 xlO 22 28 12 Apr. 16 12 Nov. 29 1234 1834 134 254 154 Nov, Nov. Nov. Nov. Apr. 14 25 9 14 Nov. 1 10 1 22 1034 Nov. 30 1534 Sept. 20 134 Apr. 25 1034 Nov. 30 1034 Nov. 30 12 12 Nov. 29 Nov. 29 23 Nov. 28 Apr. 1334 934 734 2534 1234 554 Jan. 9 Apr. 25 67 23 67 Mar. 29 5654 June 12 78 Jan. 134 June 6 "634 Nov. 13 4 34 Nov. 16 Nov. 13 8 Nov. 12 734 Nov. 4 634 Nov. 7 70 Nov "I 8 4 5 54 June 10 13 Mar. 334 Oct. 29 2534 May 2 4 June 10 554 Mar 6 Mar. 29 3 X 64% 3 May 3934 Jan. 3 754 Jan. 3 2434 May 4 634 Jan. 2 54 Apr. 4 134 Apr. 1 4 May 834 Feb. 15 23' 58 "iif 4 Nov. 16 254 Sept. 6 1154 Aug. 26 3 34 May 14 34 Jan. 4 134 May 15 154 Jan. 25 3 34 July 17 13 7 2 3 • Nov. 14 Nov. 9 Nov. 2 Nov. 9 Nov. 12 Nov. 8 2 % 7% 4% June 18 6 15 28 25 24 7 25 12 21 134 7734 234 1334 134 Nov. A 3434 Nov. 19 1234 1834, 134, 254' *» Oct. % Aug. 17 May 29 % Nov. 6 634 May 21 134 Nov. 15 33 4 101 Nov. 12 18 21 Nov. Nov. 26 11 % 2 1 18% IX 2% % 2 Nov. - 21 4 1154 May 3 3334 Nov. 18 634 Nov. 9 1 Nov. 12 4 110% Nov. 8 Nov 154 Nov. 16 Nov, 16 18 734 Nov. 18 Nov Nov. 6 Nov. 28 1 Nov. Nov. 6 7034 Feb. 234 Jan. 45 % Nov. 29 4 Nov. 29 6 34 Nov. 8 12 10 26 10 16 634 May 22 134 Nov. 29 Jan. Jan. May May May 22 354 May 21 % May 16 22 34 Nov. Nov 9 98 2 Nov 9 20 May 27 34 Jan. 4 May 24 7 May 15 Nov, 12 Nov 29 Nov, 31 10 19 6 Nov. 1 Nov. 8 Nov. 8 Nov .'18 Nov. May Feb. 834 Jan. 6 18 J Nov. 28 734 Nov. 334 Nov. 19 9 •1 Nov. Nov. 7 33 17% 1% 18 70 4 101 1 21 7 4% 29 1% 30% 3 64 4% 18% 11% Sale 5 4 54 76" "77" 3% 17% 11X 27X 100% 100 1% 30% com.-l Mich Stove Co 1 Paper Products -1 dep rets ord reg.__ 4% 1X 31% Detroit Steel Am 8% 16% 10% 24% 5% 3% 99 Co—-1 6 % preferred ww Detroit Gray Iron Fdry 2 4% Sale 'A X IX 1% 2 2Vs 4% 4% Feb. 19 Feb. 28 Nov. 14 3 134 Nov. 2 Nov. 30 1 Nov. 8 1234 Nov. 1 1X IX 1% 24 2134 21% 22% 20% 34 % % % ,y* 6 4 3% 7% 3% 534 6% 5% 5% 5% 2 2 1X IX 110 34 108% 110 110^ 114 2% 154 1% 1 1% 734 9% 6 7% 1 * preferred Detroit Gasket & Mfg 1% Sale 14 0 3834 Apr. 25 54 Apr. 5 3 1 Curtis Decca Records common 3 Sale Sale Sale 11 24 1034 Sept. 13 1034 Nov. 7 3334 Nov. 18 634 Nov. 9 1 Nov. 12 Nov. % Nov. Oct. 154 June 28 70 7 Mar. 3 4234 Apr. Aug. May 67 54 May 111 May 108 Sept. 134 Jan. Nov. 7 34 Nov. 12 954 Nov. 8 1134 Nov. 23 7 2 6 4 2 2134 June 10 34 May 29 7 Nov. 12 Nov. 8 6 Mar. 26 Jan. 6 234 454 734 88 51 94 1 6 1 6534 Nov. 1 % 6% 8 234 Nov. 12 Nov. 12 105 134 Nov. 29 734 Nov. 6 Nov. 29 1 9 7534 Nov. 1 120 Nov. 27 11254 Nov. 16 154 Nov. 4 3054 Nov. 14 9134 Nov; 26 34 Nov. 12 754 Nov. 27 10 Nov. 6 834 3354 454 34 Nov. Apr. Oct. 54 May 28 334 May 23 334 May 21 67 May 28 1 4 1 Nov. 8 15 Apr. 4 Apr. 4 Oct. 10 Oct. 754 Nov, 18 7 Apr. 22 Nov. 30 1 }4 4 Mar. Oct. 4834 754 254 3 54 May May May 2 May 354 Sept. 654 May 4 134 Jan. 2 May 654 May 85 8 22 15 22 23 5 21 30 1434 Nov. 26 6 Nov. 12 2% Sale 1^4 65 434 May 21 534 Nov. 12 May 20 % Nov. 23 334 Mar. 8 134 Nov. 24 14 12 »ai Nov. 1 7 11034 111 10934 Nov, 110 1 % Nov 27 1% 1% 1% 134 8 26 2834 Nov 2834 26% 28 2% 85 Nov. 15 134 Nov. 2 134 Nov. 30 14 3 4 3 4 3 3 28 28 14 8134 Nov. 18 Mar. 19 22 110 May 21 H534 Mar. 19 May 434 May 45 May 75 May 62 Nov. 15 134 Nov. 25 61 Jan. 4 49 534 Nov. 8 8754 Nov. 26 39 1% 1% 75 % 29$ 154 Nov. 14 Nov. 28 54 Jan. 34 Jan. 834 Jan. 234 Jan. 2 54 Jan. 2 54 Jan. 234 July 10 734 454 Sept-17 June 7 1354 95 May 28 117 55 June 8 83 11 6 May 21 % June 28 7 Aug. 29 1 34 Nov. 29 4 Nov. 29 40 Nov. 8 2 10 4354 Nov. 12 5 Nov. 26 2 54 Nov. 14 234 Nov. 1 Nov. 14 4% Nov. 1 2 34 Nov. 2 34 Nov. Sale 134 12% 95 IX Sale 654 Nov. 1 8434 Nov. 29 8 Nov. 4 8134 Nov. 18 95 Nov. 4 101 Nov. 15 754 Nov. 18 654 Nov. 27 1634 Nov. 23 % Nov. 1 41 8 IX 5% Sale 24% % 18 Nov. 92 May 18 Jan. 6% 8 5% 554 Nov. 27 7834 Nov. 7 734 Nov. 14 '77 Nov. 25 108 % 36 Nov. , 3% Sale Sale Sale 5% 84 34 8 1 7X .Sale 44% Sale 2% Sale 5 4 (The) Brewing Co.—— 1 preferred Draper Corp 1,550 10 "320 Petroleum com 5% conv preferred-- Dobeckmun Co common 2,800 Dominion Bridge Co 100 ' 2 2 83 54 Nov. 27 % Nov. 27 % Nov. 27 % IX 1 Highest 3" May 15 % May 15 34 May 14 % May 15 Oourtaulds Ltd Distilled Liquors Corp.---2.50 2,200 Distillers Co Ltd— 50 ""700 Reynolds $6 preferred A 825 53.200 73% 90% 103 0% 6% Sale Sale 6% 4% 4X Products-----10 300 De Vilbiss Co common 10 100 7% preferred 10 300 Diamond Shoe Corp com... -* 200 ~3", 200 1 * Corroon & Corp Davenport Hosiery 5 200 Sale Sale 43 IX 6 2 Nov. 26 3 Nov. Nov. Nov. Nov. Nov. 8% 38% 6% 5% 16 % %6 5% 4 10 2,400 20.500 Dayton Rubber Mfg 1,600 75 "m "16" % %e 534 134 134 434 Nov. 6 3% Nov. 30 45/8 3% Sale 534 Nov. 20 5 534 Nov. 27 5% 5X 13 Nov. 22 13 Nov. 22 13 13% 14% 12% 108% 10534 Nov. 12 10734 Nov. 19 104% 105% 107 70 Nov. 20 72 7434 Nov. 12 68 72 % 75 11 Nov. 4 11 1054 Nov. 7 10% 10% U % Nov. 12 % Nov. 26 8/e x :* Sale Sale 8 Nov. 28 1034 Nov. 1 3 —100 common...* Continental Gas & Electric— 7% prior preferred-100 Continental Oil of Mexico....1 Cont Roll & Steel com 1 Cook Paint & Varnish Co * 15.400 Daroy Petrol 3 060 "~ioo Sale Lighting Inc com. —2.50 100 Curtis Mfg Co (Mo) 5 1.100 77.700 1,500 com___l 5 25.900 Cuban Tobacco common----* 80 400 3 1 5 7% conv preferred 500 Crystal Oil Ref Corp com... $6 preferred 350 Cuban Atlantic Sugar Co 4.500 ,200 100 2 Sale Sale 2% 5% 1,800 Crowley Milner & Co com—_* Crown Cent Petrol (Md). 5 24.500 Crown Cork Internat cl A_ — 11,900 1.600 ""210 43 % 3 Nov. 27 1118 %6 Nov. 14 34 Nov. 1 5/e 2% % % % Sale Prices • Sale Prices Nov. 27 95% May 28 118 Sale Prices 4% 5X nlH 77 Consol Steel Corp Cosden A* Sale 94 £1 Am dep rets for ord stk reg-_ 1.000 Creole Petroleum com 5 173,000 Crocker Wheeler Elec Mfg- — *' 67.700 200 50 Cons Retail Stores Inc 190 100 54,700 Cooper Bessemer Corp com—* $3 prior preferred * 5 300 40.100 Copper Range Co 15 300 Cornucopia Gold Mines.-—5c 1.200 500 4%% series B pref 4% pref series C 8% preferred-—-260 10.200 Consol Royalty Oil-- 20 400 Sale 1% 2 63^ $3 preferred 870 67.700 Consol Gas Util com— 13,750 Consol Min & Smelt Ltd 320 8.200 Sale Sale X 4% Sale Prices 113M Nov. 122 118 38 36.700 Conn Telep & Elec Corp 10,000 Consolidated Biscuit Co——1 39.900 Con Gas E L & P Bait com. — * "5",400 Sale Sale 80 % 3% Ask Ask Bid 10» IX 700 2,600 7% **> 5% preferred 100 7,750 1 131.600 Columbia Oil & Gas com. Commonwealth & Sou Corp— 150 18.100 6% —-1 — 400 22", 400 4X 10 * 60c preferred B— * 14,000 2,600 $6 preferred BB —* 3,420 Cities Serv Pr & Lt $6 pref.—* $7 preferred 3,010 33.700 City Auto Stamping Co 10 3,500 City & Suburban Homes ♦ 12,200 Cleveland Elec Ilium com --* 71,400 Cleveland Tractor com -100 5.500 Olinchfield Coal com.-. 18,000 Club Aluminum Utensil com_* * 500 Cockshutt Plow Co Ltd 700 800 4 com..—1 2,600 Clayton & Lambert Mfg Co..4 5,700 1,800 7,350 - 100 preferred 2,450 Clark Controller Co 44,000 Claude Neon Lights 7,000 200 X a X Sale 7% 9 2% 3% 2% 3% 2 % i" 3 304,000 Cities Service common $6 preferred 148.830 '28.500 7,400 % Bid 113% 110 109 Central & Southwest UtilitiesCommon 50c 52,300 161,800 Central States Elec common. .1 2,900 37,200 Ask Bid Lowest Highest Lowest Nov. 30 Nov. 1 1940 Shares 4,650 Jan. 2 Jan. 1 Shares 1 Price NEW YORK CURB EXCHANGE Since , ■November RANGE SINCE JAN. IN NOVEMBER PRICES SALES 43 EXCHANGE CURB YORK NEW Dec., 1940] 7534 Nov."27 Apr. May Jan. Mar. 5 2 3 6 11 u NEW EXCHANGE CURB YORK aggregate sales PRICES IN NOVEMBER NEW YORK CURB EXCHANGE Since Jan. 1 Shares 3,304 160 42,400 5,225 5,600 28,400 19,400 116,600 50,700 63,670 33,870 2,025 22,100 12,450 16,575 25,400 2,809 1,557,100 153,425 45,600 11,950 20,400 2,900 2,855 11,800 210 11,900 7,025 5,550 1,740 1,525 7,400 132,300 32,725 42,300 2,000 STOCKS (Continued) Par Driver Harris Co common—10 7 % preferred 100 Dubilier Condenser Corp.. — 1 Duke Power Co 100 Durham Hosiery cl B com.. Duro-Test Corp common—.1 Duval Texas Sulphur. * Eagle Plcher Lead Co. .10 Eastern Gas & Fuel Assoc * 70 75 H 2H ex 1H Sale 1 254 7 Sale Sale 4$ % prior preferred 100 44 Eastern Malleable Iron Co. .25 Eastern States Corp com Sale 54 18 54 Sale 1754 Sale 4 Sale 1754 1854 754 Sale 67 $ Sale Electric Bond & Share Sale 59 - Electric Power & Lt. 2d pf A.. Option warrants. Electrographic Corp com. .—1 Elgin National Watch Co 15 Emerson Elec Mfg Co com 4 Empire Dist Elec 6%pref. .100 Empire Gas & Fuel 7% pf-100 8% preferred —100 6% preferred..... 100 654 % preferred. 100 Empire Pow Corp part stk_. Emsco Derrick & Equip Co—5 Equity Corp common 10c $3 conv preferred 1 Esquire Inc --1 Eureka Pipe Line.. 50 ..... .1 1 Fairchild Aviation com.. Airplane.-1 —-.1 Fanny Farmer Candy com.—1 Fansteel Metallurgical Corp..* Fedders Mfg Co common—.5 Fed Compress & W'house—25 Fairchild Engine & Falstaff Brewing 2,010 Fiat Amer dep rets Fidelio Brewery 1 2,390 lire Assoc of Phila 10 19,950 Florida Power & Lt $7 pref_ 46,300 Ford Motor of Canada cl A._* 2,475 Class B voting 2654 108 254 Sale 7454 Sale 54 SA 154 Sale 754 Sale 954 Sale 354 Sale Lowest "3~" Sale" 1254 1354 Sale 24 Sale Sale 59 12 Sale 6 Sale Sale 6554 1754 Sale 56 Sale 1254 154 1154 2954 1754 354 12 2654 I "/A xiH 29 86 88 80 84 Sale 28$ 2154 OcUt) H Sale 1% 11 24 1% Sale ■w 2r 12 12 6 54 1454 2954 354 70 54 64 70 lit Sale Sale 4 Sale 70 23$ 22$ 4 1254 354 63 54 64 60 61 88 9 10 54 6754 6854 96$ Sale 17 17 X Sale 17$ 25 3 2354 21 154 954 454 654 2354 4 13 Sale 2 Sale Sale 654 24 Sale 57 54 14 2 14 32 115 1154 1054 6 6 6 Nov. 27 Nov. 27 63 5454 Nov. 26 Nov. 29 13 Nov. 8 A* Nov. 20 Nov. 29 4 Nov. 28 W* 83 Nov. 12 85 79 254 2154 154 1054 354 654 3 23 22 8 Nov. 6 1154 Nov. 9 354 Nov. 14 4054 Nov. 15 6054 Nov. 20 1454 Nov. 22 54 Nov. 12 19 Nov. 14 1854 Nov. 9 Nov. 4 6 12J4 Nov. 12 7 Nov. 1 7454 Nov. 6554 Nov. 1 4 18 1 Nov. 254 Nov. 1 1254 Nov. 20 30 Nov. 7 354 Nov. 2 7954 Nov. 12 8854 Nov. 18 89 Nov. 18 8754 Nov. 18 8754 Nov. 19 2254 Nov. 14 54 Nov. 2154 Nov. 4 8 254 Nov. Nov. Nov. 8 8 2254 Nov. 27 9 1154 Sale 7 2 254 Nov. 6 Nov. Nov. Nov. Nov. Nov. 29 15 15 15 4 1154 Nov. 12 454 Nov. 1 354 654 2354 854 854 7 Sale Nov. 3 Nov. 2 6 8 Nov. 15 7 2554 Nov 29 1054 Nov. 8 954 Nov. 26 17 er 70 67 1 Xt Nov. 26 20 2554 954 25 Nov. 2054 Nov. Sale 20 Nov. 14 Nov. 7 Nov. 12 80 2454 754 Xt Sale 0§54 Sale 1254 Nov. Nov. 4 6$ 30 38 40 34 17 18 2054 (Name chan ged to Great Sale Sale Nov. 1254 Nov. 27 Sale 954 Sale 67 % Nov. 27 16 16 2254 5<t Sale Sale 205 Nov. 7 8 354 84 754 Nov. 12 17 17 85 8554 Sale 8554 8954 8354 Sale 86 6 56 76 Sale S 5o 6 Sale 1554 1554 354 1254 454 64 79 84 76"" "85" 954 Nov. 6 354 Nov. 27 Nov. 6 35 12% % 17 Highest Sale Prices . 36 57 18 Lowest Sale Prices 7454 1054 Sale 354 354 3654 Sale 17H Highest Sale Prices 25 Sale 2454 Nov. 23 27 54 Nov. 4 10654 10954 10754 Nov. 4 10954 Nov. 7 3 3 Nov. 4 254 254 Nov. 15 75 Nov. 28 7354 Nov. 6 75 54 54 Nov. 8 54 Nov. 8 Sale IX Nov. 2 154 Nov. 8 754 854 Nov. 15 75l» 754 Nov. 4 11 12 3 54 19$ Sale 300 Eversharp Inc common 84.500 635,000 7,700 16,570 74,400 13,100 Nov. 6 19 Nov. 23 New York Brewery) Nov. 1 Nov. 7 69 67 11154 Sale 11154 Nov. 29 115 Nov. 1 12 1154 ^154 Nov. 6 1254 Nov. 12 1054 1254 11 Nov. 6 1154 Nov. 26 Ford Motor Co Ltd— 50,500 Amer dep rets—Ord reg £1 7,200 Ford of France Am dep rets 3,650 Fox (Peter) Brewing Co — -—5 Franklin County Distilling Co. 22,100 formerly Taylor Distilling.. 1 Froedtert Grain & Maiting— 11,200 Common 1 11,800 Partic conv preferred 15 66,200 Fruehauf Trailer Co -1 1,425 Fuller (Geo A) Co com.. 1 2,175 S3 conv stock * 2,375 4% conv preferred——100 . .. 300 Gamewell Co $6 conv pref. Gatineau Power Co com... 210 5% preferred 1100 2% Sale 1 1M Tire & Rubber— 100 1,255 6% preferred A 1,700 Gen water Gas & Elec com -.1 * 2,000 $3 preferred 5,615 Georgia Power S6 pref.-.i 110 $5 preferred8,000 Gilbert (A C) Co com 610 Preferred 600 Gilchrist Co 41 15 X 10 IX IX 14X 1354 1454 1454 39 48 % Sale 45 60 900 Gorham Inc class A 3854 Sale 3,075 13,800 6,850 17,900 2,975 13,190 S3 preferred Gorham Mfg Co common... Grand Rapids 7^ 2,700 Guardian Investors 8X 9 '97$ "9854 A* 7 60 For footnotes see page 53. 1954 1854 2654 29 154 454 554 1554 16 3354 37 Xt Sale 5454 57 454 1754 35 54 5554 79 33 1tt Sale 35. 54 H % Sale Sale 9 89 57 854 Mar. 20 X May 21 Aug. 16 254 Sept. 26 19 Oct. 31 154 Oct. 3 22 754 May 22 354 Nbv. 29 6 Sept. 6 1754 May 22 8 June 6 5 54 May 17 33 May 11 954 Jan. 15 Oct. 28 8854 Oct. 28 26 11 Oct. Jan. Jan. 28 13 8 Xt Feb. 27 2554 Mar. 4 5$ Apr. 6 Apr. 4 31 2■ June 18 1254 May 10 654 May 8 1054 Apr. 6 28 Apr. 9 1554 Mar 28 954 Nov. 26 36$ Mar. 9 19 Nov. 23 Feb. 29 5154 May 29 70 8454 May 21 11554 Oct. 19 854 June 29 854 July 25 30 90 8554 Feb. 754 Sale 27 Sale 9 98 105 % 18* 454 9254 X ..... 1554 17 2544 2654 5$ 7 Sale 132 Sale X, 44 854 654 2954 1654 2954 5 554 12954 102 54 4454 9 654 Nov. 19 90 554 1754 Nov. 19 54 Nov. 2 Nov. 20 Nov. 4 154 Nov. 12 40 5 16 35 57* 54 Nov. 14 5554 Nov. 8 54 Nov. 2 5654 Nov. 27 1.4 Nov. 26 30 Nov. Nov. 60 84 89 654 4554 354 654 4654 454 2 Nov. 20 5 1754 Nov. 27 Nov. 35 2 1 82 Nov. 19 Nov. 27 79 30 1 54 6254 36 Nov. Nov. 27 8 6 Nov. 27 Nov. 1 5854 Nov. 28 6554 Nov. 16 Nov. 103 Nov. 16 103 Nov. 16 40 Nov. 12 4054 Nov. 25 98 Nov. 6 Nov. 27 Nov. 4 99 87 6 45 Nov. 23 87 Nov. 27 Nov. 27 654 Nov. 9 45 Nov. 23 854 Sale 854 19 1954 Sale 554 Sale 454 9454 9154 Xt Xt 30 3754 1 "ix 154 154 Sale 1554 Sale 1454 Sale 30 29 2854 O 554 554 554 554 5 454 454 Sale 128 12854 129 103 9854 10054 98 94^ -a Xt Sale 4454 4254 9 154 34 1 i l$ % 54 154 554 2654 6954 1 754 2554 6254 54 54 154 554 154 554 854 5 17$ 17 Jan. Apr. 2 3 18 Nov. 12 Sale 154 Sale Nov. July May May 29 15 90 31 July 5 154 Oct. 28 54 May 22 78 4 54 Aug. 16 9 May 18 25 Feb. 19 54 June 11 Feb. 15 8 65 May 23 2554 May 22 54 May 15 Xt Aug. 20 50 *•« Mar. 55 June 11 40$ July Aug. 454 Oct. 9154 Nov. 854 26 65 54 2t 554 25*' 154 Nov. 29 Nov. 22 Nov. 26 11 18 4 17 31 Nov. Feb. 154 18 Nov. 6 123 6 88 Sept. May May 54 Nov. 26 Nov. 14 954 Nov. 26 36 54 Aug. 16 June 8 2 154 Nov. 27 154 Nov. 25 Xt Nov. 4054 Nov. 8 30 Nov. Nov. 7 6 45 1 8 26 64 Nov. 27 Nov. 20 Nov. 15 54 Nov. 26 54 Bov. 14 154 Nov. 9 554 Nov. 19 854 2754 6654 X Xt 154 6 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 13 14 9 7 26 7 13 Oct. 9 Nov. 26 Apr. 24 1154 Jan. 19 Jan. 30 135 11454 Apr. 26 Nov. 4 8 21 Nov. 29 8 8 8 Nov. Nov. 7 31 June Nov. Nov. 554 554 130 10254 May dl* Jan. 28 5^ Oct. Jan. Oct. June June 1 1554 Mar. 7 1754 Nov. 27 Apr. 29 Xt Apr. 6 65 Apr. 17 'h Mar. 11 90 Mar. 8 48 Apr. 12 1 Apr. 6 154 Jan. 3 81 Apr. 8 41 954 Nov. 26 3254 Apr. 19 Apr. 18 Apr. 26 May Nov. 12 754 Nov. 12 9254 Nov. 4 Xt Nov. 8 Jan. Aug. 28 Mar. 5 X01H Feb. 13 Mar 12 A* Apr. 4 49 May 15 554 Apr. 22 654 Apr. 8 Oct. 954 Nov. 26 July 27 154 Oct. 28 154 Nov. 12 106 Aug. 8 May 32 May 88 May 87 Nov. 454 May 98 23 Nov. Nov. Nov. 14 34 54 Nov. 18 7 Nov. Nov. Nov. Nov. 154 Apr. 23 5454 Nov. 12 Nov. Nov. 354 Feb. 2 154 Jan. 9 2554 Nov. 27 *1154 Apr. 12 2054 Apr. 11 32$ Jan. 26 654 Apr. 3554 Nov. 26 11254 114 11254 11354 11354 Nov. 22 113$ Nov. 29 110 111 11054 111 11054 Nov. 18 111 Nov. 7 3 Nov. 15 2$ 354 254 354 354 Nov. 13 854 25 6654 54 Jan. 854 May 1654 May 4 1954 554 154 9 52 Sale % 54 30$ Sale "70" 154 154 654 Sale 5154 Nov. 26 22 12X Jan. 2 654 54 Sale 40 43 854 Sale 154 Nov. 20 Nov. 6 Nov. 28 18 28 30 6454 154 154 82" *84" X 54 June 54 Nov. !«4 Nov. 26 28 June 25 1 954 Nov. 1 1954 Nov. 19 2054 Nov. 8 29 Nov. 14 3454 Nov. 18 5454 Nov. 7 10354 10054 103 10 11 954 11 3954 4054 4054 41 9854 99 9854 99 92 154 Nov. 1 54 Nov. 28 2554 Nov. 27 8 9, 6554 154 154 1 Sale "354 ""454 5 24 -5 47,000 Hall (C M) Lamp Co 554 15,350 Hammermill Paper Co com.. 10 25 "67" 735 Hartford Electric Light Hartford Rayon com v t c 1 18,100 1 3 91 254 76 6 1 93 45 * 109 112 254 5 1 Mar. May 25 2054 Nov. 8 754 54 10 54 21 2 88 554 254 254 iz 1 Q 25 38$ Sale * 11254 Sale _* 4 June 11 June 29 354 51 42 54 Nov. 90 88 50 Gypsum Lime & Alabastine..* 1,600 Hart man Tobacco com 20,600 Har vard Brewing Co. 10,200 Hat Corp of Am cl B com 1254 Jan. 56 57 Xt 14 2 54 12 854 Nov. 1954 Nov. 49 65 76 common. 2,920 Gulf States Util S6 pref $5.50 preferred 1,430 Apr. 1 Sept. 23 May 3 Jan. 9 Jan. 8 Apr 25 5554 854 13 6 5354 Greater New York Brewery— 154,800 Gulf Oil Corp 24 15 22 21 Apr. 24 4054 Nov. 15 6054 Nov. 20 May 14 1454 Nov. 22 1$ Apr. 18 Oct. 26 Apr. 29 May 21 28 Apr. 30 May 21 28 454 Apr. 23 May 16 June 22. 17$ Jan. 25 854 Jan. 5 May 22! May 22 75$ Oct. 3 Oct. 3 May 21 66 Jan. 4 May 21 20 354 Jan. 3 May 18 14 Jan. 30 May 21 Nov. 7 May 28 30 554 May 13 Sept. 13 July 3 80$ Oct. 16 Oct. 28 June 11 91 Nov. 101 Gray Manufacturing Co 10 9 Gt Atl & Pae Tea 1st pr8f..l00 131 Non-voting common stock. ♦ 110 Formerly Fidelio Brewery.. 1 74,100 12,750 Great Northern Paper Co—25 29,900 Greenfield Tap & Die com—* Grocery Stores ProdCommon 25c 9,000 6 X May 1 $ May 1254 May 26 May 54 54 9 154 Nov. 12 54 Nov. 28 20 52 31 * * 10 54 30 Sale 26 454 Varnish Corp. .1 25 954 1954 19 28 3154 5054 ;& 454 com 154 Sale 54 1 23 954 Sale 1954 Sale 2054 21 '#4 50.Gladding McBean & Co * 306,050 Glen Alden Coal Co 5,750 Godchaux Sugars class A * Class B * 11,800 790 S7 Preferred * 1 24,900 Goldrield Oonsol Mines 50 Goodman Mfg Co -—50 21 8654 Sale Sale 26 40 — ... 154 Sale 195! 54 1054 1754 27$ Sale 19 19$ ■ 5,100 American dep receipts.- ..£1 * 27,500 General Fireproofing com. "* 320 General G & E $6 pref B-16,700 Gen Investment Co com. :::i * 1,715 $6 preferred 6,200" Warrants 1,200 Gen Outdoor Adv 6 % pref. 100 * 2,660 General Pub Serv $6 pref_ 2,300 General Rayon A stock— III 16,800 General Shareholdings * 4,500 $6 conv preferred 2054 May 27 32 54 10754 Mar. 23 110 354 1X Jan. 31 64 Mar. 21 79$ 154 54 June 17 254 54 May 21 5 854 July 2 " * 100 Gellman Mfg Co common- ...1 * 14,400 General Alloys Co ... General Elec Co of Great Brit Jeneral 1 Sale Prices Ask Ask Bid 107 154 100 $7 preferred series A $6 preferred series B Easy Washing Mach class B. Economy Groc Stores com... Bid 2554 31 29 Nov. 30 Nov. 1 Ask Bid 6% preferred $6 preferred. $5 preferred RANGE SINCE JAN. Price Jan. 2 1940 654 May 22 54 Nov. 26 4954 Apr. 30 10$ Apr. 22 154 Nov. 27 254 Jan. 12 $ Jan. 12 Xt Mar. 12 A June 10 3954 Jan. 10754 May 24 115,54 Sept. 24 102 June 6 llf$ Feb. 1 3 Nov. 15 354 Nov. 13 25$ 554 Feb. 20$ 62 8 May 21 May 18 54 Sept. 30 54 Nov. 14 1$ Jan. 3 4$ May 22 14i Apr. 4054 May 70$ Apr. 154 Jan. 9 3 3 10 $ Feb. 28 2$ July 30 8$ Apr. 5 Dec., 1940] NEW YORK 45 EXCHANGE CURB AQQREQATE November Jan. 1 CURB 150 16,900 500 100 200 650 50 700 1,725 700 3,900 2,700 400 stocks 7,700 12,600 8,800 152,500 10,700 6,650 3,100 1,870 1,700 5,600 16,095 •9,700 18,300 27,400 6,000 25 """350 1,550 3,500 10 950 40 100 16,300 4,800 460 3,450 124,800 100,100 1,050 7,600 100 900 500 500 7,700 10,700 11,000 5,400 50 EXCHANGE Par * common-_5 .50 2 6% conv preferred Class a 28 25 2% Sale 18*4 6*4 5% 6* * * Co common.-2 4* 8* 8* 19 8% 16*4 25c Hecla Mining Co .... Helena Rubenstein Inc Heller (w e) & Ask 29% Bid (<Continued) Hazeltine Oorp Hearn Dept Stores 10 7% pref ex-warrants 25 Corp com—.5 Heyden Chemical Co ,--^9 Hires (Chas e) Co cap stock-. 1 Hoe (k) & Co class a. 10 Hollinger Consol g m 5 Holophane Co Inc common.. ♦ h order's i no * Hormel (Geo a) & Co com-..* Horn (a c) Co common * Horn & Hardart Baking co—* 19,100 13,750 Sale . 69% ..... "M 12*4 12% 13 *4 -* 50 31% 29 500 400 200 1,500 260 60 2,070 200 """266 25 6,500 1,600 2,600 6,900 25 79,900 20,600 700 200 500 100 2 200 300 450 1,800 5,500 200 25 2,200 2,450 3,000 1.100 8,100 500 800 320 170 35,400 25 . 80 900 300 20 20 6,000 400 500 100 100 300 25 350 5,100 4,675 9,600 17,150 38,400 12,500 5H 1,600 14,200 2,900 10 700 100 "'"800 36,000 3,100 500 1,300 100 1,200 * —* International Vitamin 1 Interstate Home Equip com._l Interstate Hosiery Mills Interstate Power $7 pref * * —1 t c__* Investors Royalty Co Iron Fireman Mfg com v Irving Air Chute common Italian Superpower cl a 7* 7 2 7% 8% 3 2% 29 28 3% 23% 5% 26 12% 70 18% 8% i§* 11 10 3% Sale Sale Sale 13*4 31% A 8% a 18 32% 3% 7% 10%. 4% A 'A 87 10.100 Lobiaw Groceterias class a—.* Class b For footnotes see page 53. * Sale 26 Nov. 20 26 Nov. 29 24 Nov. 26 Nov. 13 Nov. 25 Nov. 19 Nov. 16 13*4 Nov. 27 73 Nov. 8 18*4 Nov. 4 11*4 Nov. 29 9*4 Nov. 7 6 33*4 Nov. 20 Nov. 14 30*4 Nov. 16 113 Nov. 25 18*4 Nov. 30 63 *4 Nov. 30 7*4 Nov. 14 18% Sale 6% 8% 6% 13*4 Nov. 15 7% 8 2 Sale 38% 1*4 1*4 36 38 3% 3% 3*4 29 Sale 1*4 3*4 Sale 29 24% 8 8*4 Sale" Sale 15 16 Sale 112 3% j* 9 _ Sale" Sale 18% 5% 3% Sale 17 % 113 % % % % % % 10% 11% 69% Sale 21 22 8% Sale 1% Sale 6% Sale 2% Sale 10 % Sale 10 10*4 3% Sale % 9% 271 89% 104'" Sale" 35~il Sale 3*4 12*4 12*4 7 10 12 3*4 15 14*4 Nov. 30 Nov. 79^ 72 | Sale 18% 20 5% 6 1% 1.. 6% 7% 3% Sale 9% 10% 9% 10% 3% 3% 3% 8% 11 3% 4*| 2% Sale 1% 1% 93% 100 Nov. 27 30 7*4 Nov. Nov, Nov, Nov nov, 3% Nov, 12% Nov, 14*1 Nov, 6% 7% 9% 8% 30 1 22 22 25 16 27 94% 101 109% 111 A 1 8 8 15 13 12 14 Nov. Nov. 1 6 15 16 Nov. 26 *4 Nov. 6 5% Nov. 23 1*4 Nov. 6 6% Nov. 1 2*4 Nov. 6 9*4 Nov. 29 .0*4 Nov. 23 354 Nov. 8 a Nov. 29 Nov. 20 5 Nov. 7*4 Nov. 9*4 Nov. 8*4 Nov. 3*4 Nov. 29 113 % Nov. 9 .1% Nov. 13 >8*4 Nov. 7 19*4 Nov. 28 4 9 Nov. 16 Nov; 9 6 *4 Nov. 9 11*4 Nov. 13 72 Nov. 22 21*4 8 *4 1 *4 6*4 354 11*4 Nov. 25 'Nov. 1 Nov. 14 Nov. 1 Nov. 14 Nov. 9 11 Nov. 1 Nov. 20 4 Nov. 13 10*4 Nov. 26 Nov. 15 30 4 Nov. 22 % Nov. 7 16*4 Nov. 27 Nov. 14 7 *4 Nov. 25 2*4 Nov. 6 Nov. 19 1 Nov. 8 Nov. 14 8*4 Nov. 8 11*4 Nov. 28 5*4 Nov. 1 a Nov. 4 1 18*4 Nov. 16*4 Nov. 13 a Nov. 16 3 Nov. 14 1*4 Nov. 6 90*4 Nov. 6 94 Nov. 19 99 Nov.26 102*4 Nov. 2 108*4 Nov. 9 109*4 Nov. 25 1% 1% Sale % 13% 10% 4% 8% 8% 11 % 14% 11% 4% 17 Nov. 28 Nov. 13 1*4 Nov. 1 1 *4 Nov. 4 79 58 Nov. % Nov. 14 12*4 Nov. 16 7 10 4*4 Nov. 28 11 Nov. 19 11 Nov. 7 Nov. 1 Nov. 19 6 96 Nov. 23 10 Nov. Nov. 5 90 Sale 56 46 55 12% 5% 12% 5% 12% 4% 13% 5% 43 44 % 40 44 13% 13%. 4% 16*4 4*4 8 98 100 100 Nov. 19 100 12*4 11*4 Nov. 2 11*4 12% 4 98 6 7 2% Sale % Sale 34*2 35% 100 11*4 12% 12 Sale 13% Sale 3% 3% 89 Mar. 28 12*4 Nov. 6 5 Nov. 25 13] 51 Nov. 27 Nov. 14 4 3*4 Nov. Nov., Nov. 7 8 Nov. 19 Nov. 7 4*4 Nov. 6 3% q4% 3 8 4*4 Nov. 8 % 2*4 Nov. 12 254 Nov. 20 *4 Nov. 14 28*4 Nov. 18 Sale % Sale 30 30% 9% Sale 17% 1% 18% 17% 9% 14 1 % 15 14 Sale 17*4 Sale 9 16 Nov. 4 Nov. 26 1 *4 Nov. 15 4 Nov. 27 3*4 *4 29*4 9*4 Nov. 7 Nov. 14 Nov. 8 Nov. 9 16 Nov. 26 1*4 Nov. 4 9 4 7 12 22 9 10 7 29 9 Jan. Jan. 18 3 3 1 1 Feb. 20 Feb. 20 Apr. 24 Apr. 23 Apr. 10 Apr. 4 Jan. 8 Apr. 24 12*4 Jan. 17 5*4 May 3 *4 16*4 73*4 23*4 15*4 2*4 19*4 Feb. 7 June 21 19*4 Feb. 5*4 May 7 3 *4 Sept. 12 Sept. 5 5 % Apr. 24 8 Aug. 21 23*4 May 25 254 May 22 6 54 June 10 9 May 23 3*4 Mar. 13 *4 Mar. 11 12 May 21 12 May 22 *4 Apr. 10 1*4 May 22 1 May 14 80 90 97 1*4 Apr. 18 9*4 Mar 14 6 *4 Jan. 5 18*4 Jan. 37 Jan. 8 4*4 July 30 10*4 Apr. 27 13 *4 Mar. 20 5*4 Jan. 3 *4 Jan. 20 18*4 Oct. 3 17 54 Feb. 9 *4 June 24 3*4 May 7 2*4 Feb. 27 23 95*4 Apr. 2 27 103 Sept. 5 23 109*4 Nov. 25 22 A Oct. 22 8 June 10 39*4 Nov. Nov. 27 27*4 Mar. 8 May May May A Oct. June 17 120 5 7*4 May 29 6*4 3*4 May 29 111 Jan. 2 112*4 % A Oct. 29 1 [« 10 8 Mar, 9 Nov. 25 Apr. 6 Jan. 31 Mar. 7 Mar. 11 73*4 Mar. 30 Nov. 28 June 6 55 95 14 27 13 25 7 2 May May June Sept. Aug. 354 July 11 8 Sept. 27 Jan. 3 2 54 Jan. 9 8 11 8 Jan. 1*4 15 10*4 8*4 Apr. Jan. 11 Nov. 19 Apr. May 15 96 Nov. 23 21 11*4 June 25 454 May 21 75 Apr. 75 Oct. 5 13) Nov. 27 z6« Apr. 8 44*4 Oct. 25*1 Jan. 4*4 Mar. May z71 Jan. 12 100 9*4 June 4 12*4 May 23 3 25 1654 Feb. 6*4 Mar. 54 Feb. 6*4 Apr. 3*4 Oct. *4 Jan. 35*4 Jan. 21 10 23 24 35 12*4 Nov. 2 25 June 26 May 21 3 49 15 4% % 16% 1% Sale 4*4 June 20 4 12*4 Nov. 16 6 27 3 13*4 Jan. 24*4 Feb. 29 July 19 4*4 22 Apr. 6 8 21*4 Apr. Jan. 5 113 June 29 1 9 22 9*4 May 0 9 Nov. 9 63*4 Mar. 11 12*1 *4 May 24 *4 July 5 A Jan. 3 9 Jan. 8 50*4 May 22 17*4 June 10 5 54 May 28 1 79 59% 46 16% 9 1 Mar. 20 22 12*4 Jan. 10*4 Mar. 102*4 May 79 1% 23 60 12 5 7% % 3 10 6 Nov. 18 Nov. 4 55 39*4 Nov. 9 11 29 5*4 May 0 33*4 Apr. 24 6 Jan. June May June July Sept. 5*4 5*4 5*4 7*4 Nov. 25 Nov. 7 75 31*4 Nov. 27 23 Nov. 27 86 15 27 113 24% 47% 11*4 5% "9% '10% 23 21 4*4 Mar. 1 4 Aug. 13 55 June 28 2 54 Mar. 21 *4 May 117 Nov. 13 117*4 Nov. 19 116% 120 116% 120 7*4 Nov. 25 6*4 Nov. 7 7% 8 6% 6% 3*4 Nov. 6 4 3*4 Nov. 6 3% 4 110 110 % % A % 21 84% Sale 4 18 33% Sale 20 27 23 28% 5 Mar. 13*4 Nov. May 20 May May 22 92 13*4 May 21 22*4 Apr. 11*4 Nov. 6 June 11 12 .iJan. 5 *4 May 29 14 Jan. 9*4 May 23 14*4 Feb. 9 14*4 Feb. 29*4 Jan. 3 36*4 Apr. 3*4 Apr 2*4 Aug. 20 Jan. 120 Jan. 27 120 26 May 22 35*4 Apr. Nov. 108 July 2 113 19*4 Apr. 13 *4 May 23 Jan. 47*4 May 17 68 9*4 May 4 *4 Feb. 23 8*4 June 8 Oct. 2 *4 Jan. A June 26 10*4 Feb. 454 May 27 5*4 Oct. 4 10*4 Feb. 2*4 Feb. 1*4 Oct. 14 3 Jan. 1*4 June 26 28*4 May 23 47*4 Apr. 8 Sale 94 4 11 27*4 Jan. 8 Nov. 27 24 23% Sale 22*4 Sept. 11 7*4 Jan. 11 14 Apr. 3 12*4 Apr. 16 60 a Nov. Nov. 20 28 21 21 _ Jan. 17 3*4 May 3 29 Mar. a Nov. 29 5 21 22 22 23 23 June 25 8 3*4 Nov. Nov. 18 10*4 Nov. 22 5% Nov. 1 2% Sale 1% 1% 38^ 5% Nov. 27 12% 17% 17% 15% Sale % % 92% Sale 102% Sale Sale 3*4 Nov. 27 3% 8% 18% Sale6 14% Sale % A 109 % Nov. 6 Nov. 25 3 26 % 5% % Sale 8% 12 26% 28% 8% Sale 10 11*4 5% Sale 1*4 Nov. 13 37*4 Nov. 4 % Nov. 8 7 1 % Nov. 1 36% Nov. 20 lll««Nov % 19 17 h 17% % 9 7 62 5 Sale 34% Sale Sale 12 Sale 6 2 6*4 Sale 71% Sale Sale 1% 2 Nov. 19 Nov. 7 7 7 9 3*4 6*4 6*4 9*4 Sale Sale 26 8 Sale 9 6% 6% 1% 1% 36*4 3% 6% 7% Sale 7% Sale 9% 10 Sale Nov. 26 17 % Nov. 57 Nov. 6 % Nov. 16 May 1*4 May 11 May 4 May 4*4 Jan. 7 May May 7} May 23} 1 Nov. 30*4 30 113*4 112 Sale .. * Nov. 15 Nov. 6 1 6 32 32 6*4 8*4 2B ^ 111A Sa% Lit Brothers com.-- 28*4 2*4 20*4 7*4 12*4 11*4 8*4 8% Nov. 8% Nov. 13 Nov. 9 6*4 754 57*4 410 Kansas g & e 7% pref--—100 116*4 120 5 15,100 Kennedy's Inc 2,150 Ken Rad Tube & Lamp cl a._* 30 Kimberly-Clark 6% pref-_.100 1 3,500 Kingsbury Breweries com Kings County Lighting— 83 92 7 % preferred series b 100 390 62 ^ 68 5% preferred series d 100 510 Sale Kingston Product*-1 44,600 1 22,300 Kir by Petroleum 1 5,600 Kirkland Lake g m Ltd 13% 2,000 Klein (d emll) Co common._* 10 Sale 10 .1,100 Kleinert (i b) Rubber Knott Corp common 1 6% 7% 5,900 7 12 100 Kobacker Stores Inc com.-—* 100 950 Lackawanna rr n j 1 107,500 Lake Shore Mines Ltd 57,100 Lakey Foundry & Machine..1 100 650 Lane Bryant 7 % pref Lane Wells Co common 1 12,200 Langendorf United Bakeries— Class a * 300 Class b ♦ 350 Lefcourt Realty com —1 600 Convertible preferred—* 1,500 * 167,200 Lehigh Coal & Nav Leonard Oil Development—25 48.100 Le Tourneau (r g) Inc 1 11.500 Line Material Co 5 18,500 3.000 Lipton (Thoa j)6% preferred 25 16 19% 2 Nov. 27 Nov. 27 68 6% Sale 7% 62% 60 2% 1% 6.000 16,800 Nov. 29 12 % Nov. 12% Sale 7 —1 71,400 Jacobs (f l) Co * 8,800 Jeanette Glass Co Jersey Central Pow & Lt co— 5 >5% preferred 100 4,550 6% preferred 100 3.780 7% preferred 100 2,790 10 100 Johnson Publishing Co 100 198,600 j ones & Laughlin com * 275 Julian & Kokenge com. 3,575 7 27 8 12 16% Koppers co— 6% preferred —100 Kresge Dept Stores— 4% conv 1st preferred—100 Kress (s h) & Co spec pref. _ 10 Kreuger Brewing Co —1 6 Nov. 26% 6% Sale 59 Class b 3.50 prior preferred il.75 preferred 5% Nov. 11 11% Nov. 19 8% Nov. 16 25 Nov. 20 8% 58 * b—* * 9 2 20% Nov. 18 22 6% Sale 11 10% 17% 1 * 230 800 Internat Safety Razor cl Nov. 11?* Sale 67 i Internat Util class a Nov. 2 112 Am dep rets ord reg 1,300 _£1 * 11% 125,200 Imperial Oil (Canada) 12 Registered----- — -* 16,100 13 16,000 Imperial Tobacco Co of Can.-5 23 4,800 Imp Tob of Gt Brit & lrel..£l -7.50 6,500 Indiana Pipe Line 3,820 Indiana Serv Corp 6% pref_100 "l5*4 7% preferred 2,600 100 15% 10,370 Ind'polis p & l 6*4% pf—100 111 Indian Terr Ilium Oil Co— Non-voting class a — 2,400 Class b stock 1 2,500 --1 4,300 Industrial Finance v fc c 7% preferred 3,050 100 71 10 40,200 Insur uo of North Amer 21% 9,100 Internat Cigar Machinery—_* 14 29,900 Int Hydro-Elec $3 50 pref—50 1% 50,900 Internat Industries Inc—-—1 1,850 Internat Metal Indus cl a--.-* 1,078,900 Internat Paper & Pow warr__. "2% 18 * 259.100 Internat Petroleum com Registered * 17% 5,600 4% 26,100 Internat Products common.--* 12,200 8,800 27.600 3,000 3,200 58,600 79,800 Highest Sale Prices 26 28 Sale 3% 118% 29* 30% 3 1% Imperial Chem Indus Ltd— 7.500 Lowest Sale Prices 15 . 53,900 Illinois fowa Power Co 121,800 5% conv preferred Div arrear ctfs 125,100 17,300 Illinois Zinc Co 250 Illuminating Shares Co a Highest Sale Prices 24 Hewitt Rubber 5% preferred 100 Hubbell (Harvey) Inc 5 Humble Oil & Refining * Hummel-Ross Fibre Corp 5 h ussman-Ligonier Co * tHuyler's of Del common.---1 7 % preferred stamped—100 7% pref unstamped 100 Hyaro-Elec Secur common—* Hygrade Food Prod 5 Hygrade Sylvania Corp Ask 25 8% 25 7% preferred w w Lowest Sale Prices Nov. 30 Nov. 1 Bid 10,075 Horn & Hardart common..--* 2,580 "l",266 Jan. 2 1940 Shares 1,100 1,200 1 Price NEW YORK Since Shares RANGE SINCE JAN. PRICES IN NOVEMBER SALES In June 9*4 July 2*4 May 15 15*4 Apr. 4*4 Aug. *4 Apr. 2*4 Nov. 1*4 May *| May 21 May 754 June 13 July *4 June 10 12 21 20 15 27 27 27 12*4 Apr. 22*4 Mar. 1 *4 Apr. 13 10 18 NEW YORK EXCHANGE CURB VIE PRICES IN NOVEMBER 3 NEW YORK CURB EXCHANGE Sim 12 STOCKS Par Bid 5 13 —* (Continued) 10 Locke Steel Chain Co 150 Lone Star Gas 105 8 Long Island Light common. 7% preferred series A —100 6% preferred series B 100 Loudon Packing Co com Louisiana Land & Expl com.. 1 Louisiana P & L $6 pref * Lynch Corp oom 5 25 12 148 10, 25 4, Manati Sugar opt warr Mangel Stores Corp com $5 conv preferred Ask 13% Manischewitz (The B) Co Mapes Cons Mfg Co * * Bid Nov. 30 Ask Bid 13% 14 % Sale 10 1 1 Sale 32 Sale 29X IX 4% Sale Sale 38% Sale 1X IX 5% 5X 103 101 26% 25 IX Sale 2 31 38 10 103 2 105 23 X 24X 26X 26X 25 Sale 25 24 Sale 23% Nov. 15 1% 4% 106 23% 2% Sale 108 25 & nl 2 1% 2 40 37% 9 27" Lowest Highest Sale Prices Sale Prices 1% Nov. 4% Nov. 9 1 Nov. 13 Nov. 8 14% Nov. 12 io% Nov. 4 10 7! Nov. 33% 30% 1% 4% 105% 14% Nov. 12 10 48% Jan. 20 24 June Nov. 23 10% May 1% Jan. 9 4 Nov. 15 !8 44% Jan. 20 2% Mar. 15 6% Apr. 8 June 3 106 Apr. 8 29 June 25 Apr. 2 May 21 3% May 22 Nov. Nov. Nov. 20 92 Nov. 14 24 May 21 May 22 May 25 Nov. 20 1% Apr. 22 May 21 May 20 May 21 39 Jan. 2 10 Oct. 18 Mar. 21 Jan. 2 25 May 21 29 Feb. 17 Apr. 7 1) 37% Nov. 20 27 30 10 Nov. % Nov. 19 % 37% Nov. 20 14 26 Nov. 29 105 23 40 "26 Prices 13X Nov. 14 9% Nov. 26 % Nov. 15 14% 9% 35% Sale Sale Sale 13% Sale 44 Highest Sale Prices Lowest Ask Sale Sale 1% % 1 * . 1, Nov. 1 1940 ran. thar RANGE SINCE JAN. Price Jan. 2 27 Nov. 27 10% 2% % 2% 29% Nov. Nov. Nov. Nov. Nov. 27" ""Nov." 27 2 24 Marconi Internat Marine— Communication Am "22" 1: if: Margay Oil Corp. Marion Steam Shovel Mass Util Associates dep ret. * com v 1 t c Masaey Harris Co common...* 46! 6, 22, 2, Master Electric Co 1 May Hosiery Mills— $4 preferred Mead Johnson & Co com * Memphis Nat Gas com 5 Mercantile Stores Co * 1 55, 7, Merritt Chapman & Scott * 6 %% A preferred 100 Common stock pur warr'ts. . Mesabi Iron.* 1 Metal Textile Corp com 25c Participating preferred—15 7I: 26, I: i: L29, 22 23 X Michigan Sugar common..—.* Preferred --10 10X Sale 3 IX 2X Sale 32 X Sale 55 Sale 162X 165X 4% 4% 16% 17 X 8X 3X 3X 60 IX 5X 150 4% 14 J* s'iF 3% Sale 29 X 4X Sale 85% 89 X X 37X' 42 6% X 4 Sale l'X 34X 106 2X 40 8 Sale * Sale 8 90 % %6 2 40 Sale 7% 3% Sale Class Bvtc 4% 29% 4% 3% % 5% 3% 7X Middle West Corp common.-5 4% 87% % %6 1% 34% 8% % 3% 7 % Sale Midland Oil Corp— 3, * 82 conv pref 5X 7% div shares.— 17% 18% Midvale Co ---* 114% Sale Mid-West. Abrasive Co 50c 1 IX Midwest Oil Co -10 7% Sale Midwest Piping & Supply Co.* 10x in Mining Corp or Can Minnesota Min & Mfg Co 58 Sale Minnesota P & L 7 % pref .100 91 94% Miss River Power 6% pref. 100 Missouri Pub Serv common...* "I 4% Mock Judson Voehringer.-2.50 11 Sale 17% 18% 117% Sale ll! 2?; 26 $2 4X non-cum — _ 7% 10: 26, 252 19 20 3 £: $ 2, 1, 227, 45, 14, lolybdenum Corp 1 donarch Mach Tool Co com donogram Pictures com 1 donroe Loan Society cl A 1 ziontana Dakota Utilities—10 dontgomery Ward & Co A..* dontreal Lt Hb & Pow com..* doody's Investors partlc pref. doore (Tom) Dist stamped dtge Bank of Col Am Shs— dountain City Copper Co.-5c dountain Producers Corp—10 Mountain States Pow com.-* I: durray Ohio Mfg Co duskegon Piston Ring duskogee Co common 6% preferred Nachman L80! f: * 2.50 * 100 Springfllled Corp.- 36, si: 10, 8s: 39, 54, 42, 9, National Candy Co com National City Lines com * 1 50 1 National Fuel Gas * Nat Manufacture & Stores—* National Power & Light— 86 preferred National Refining com * com * National Steel Car Ltd.National Sugar Refg * National Tea Co 5 % % pref. 10 National Transit 12.50 National Tunnel & Mines. National Union Radio..... 30c Navarro Oil Co _ 4, Nelson (Herman) Corp Neptune Meter class A Nestle Le Mur Co class A Nevada Calif Elec com 3, 15, 23, 59, 13, 5, Sale 1° 15 10X 15X 6X 7% 35 2* 7% 1 4 30 4 Nov. 18 84% Nov. 6 % Nov. 4 %> Nov. 27 2 Nov. 16 106 3 Sale Sale 3X 94X Sale "J* > 10% Sale "OX Sale" IX Sale % 12 X X Sale 114X 117 36 % 2% 8% 20% 7% 15% 43% 1V 8 Sale 2% Sale 4% Nov. 1 Nov. 20 89 4 7 Nov. 16 1 8 % Nov. • 7 3% Nov. 6 6% Nov, 13 4 3% Nov. 27 % Nov. 1 5% Nov. 30 3% Nov. 8 %* Nov. 28 8% Nov. 1 7 Nov. 18 1 95 18 8% 36 s* Nov. 8 7% Nov. 7 11% 2% ill Nov. sfl * 10 "5 6% ? 7% 15% 43% Nov. 25 Nov. Nov. 7% Nov. 8% Nov. 14 34 Nov. % Nov. % Nov. 18 41 % Nov. 15 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 7% Nov. 2\ 6 Nov. 4 Nov. 8 Nov. 19 Nov. 22 5 Nov. 13 165 21 4% Nov. 12 9 6% Nov. 18% Nov. 8 Nov. 28 7 12% Nov. 16% Nov. 8 135 Nov." 1 87 8% 7% 10% 2% % 43 Nov. 2% Nov. 4% Nov. 29 Nov. 6% Nov. % Nov. 23 6% Nov. 18 100 * 100 * New Idea Inc common ....«_* New Jersey Zinc 25 1 • * N Y City Omnibus warrants. N Y & Hond Rosario M 10 72 X Sale 24 27 X 124 124X 8 8 ill* Sale 3% 17% 34 3% 14 Sale 35 8 June 10 4% May 4 % 3 5 May 6% 9% % 43% 90 107% ii it* 139% 15% 22 % 2% 2' 4 12 125% June 26 May May May Aug. Apr. May May May May July May 6% 11% May 12% Nov. 13 12 Nov. 7 2% Nov. 14 9 7 9 Nov. 14 Nov. 2% Nov. 9 % Nov. 14 9 110 Nov. 6 Nov. 28 4% Nov. 15 8% Nov. 7 % Nov. 26 4 Nov. 9 10 May 10 Apr. Nov. 25 Feb. 2 May 6 Nov. 8 Feb. 20 2 Jan. k 16 30 Jan. Apr. 10 4 5 Jan. 13 Jan. Jan. 24 29 17 May 25 4% 21 6% 18 21% 21 1 142 28 28 Nov. 13 May 28 81% 3 May 28 7% May 21 June 10 1 % May 1 Apr. 9% Apr. 18 47% Sept. 23 18 29 171 26 28 8% May 21 % May 14 16 July 9 6% Nov. 18 10 8 11 4 2» June 10 Apr. June 10 11 Jan. 11% Jan. 5% May 22 24% Jan. 18 May 20 6^ June 12 7% Oct. 19 May 23 121 May Jan. 23 j 2X May May May May 24 70% 94% May 117% June Nov. 5% 35 30 Nov. 18 30 Nov. 18 9^ Sale 1% 18% 9% Jan 6 11 % Nov. lis 31% 3% 5 9 15 15 27 May Apr. May Apr. Mar. 2 4 2 9 6 Feb. 29 Jan. 29 11% Jan. % Apr. 31 8 Feb. 21 Jan. 3 3 25 11% Feb. 27 17% Apr. 22 47% Apr. 30 14% May 0 13% Jan. 25 3% Feb. 8 97% Jan. 3% Apr. 6 2 13 24 6% Feb. 54% Jan. Feb. 20 6 76% June 6 July 5 3% May 15 June 11 6% Oct. 6% May 8% Jan. 1 May May May 110% May 84% May 3 May 4% May % Aug. 31 8* 20 15 23 15 24 27 22 25 28 11% 8% Mar. 12% 2% 1% 12% 117% 84% Apr. 6 Jan. 8% Nov. Nov. 15 9 July 10 Jan. 8 Apr. 25 May 22 Jan. 9 6 4 4 7 26 2% Sale 52% 17% 20% Sale 117 122% 123 Sale 4% 4% Sale 14% 14% 69 4% Jan. 6 Nov. 20 61% Nov. 2 22 14% 64% Sale 1 1% 28 54* 2% July 18 % Mar. 20 Nov. Nov. 16 Nov. 60% EMay 15 9 10 Nov. 20 8 Apr. 1% Apr. 6% Apr. Nov. J Nov. Nov. 2% Nov. % Nov. 8 30 Aug. 29 108% Jan. 1 15 8 Nov. 12 Nov. 1* 1 Nov. 20 X Mar. 7 % Jan. 8 3% Feb. 17 42% Jan. 5 May 21 July 10 3% Nov. 6 6% Nov. 13 44 94% Nov. 10 4 2% Oct. 1% Oct. Sept. 20 89 75 89 2% 2 50 4 6 11% 2% Sale 4 10 5% Oct. 97 1% 9 116 6% Nov. 18 14% Nov. 20 Nov. 8 10% Nov. 29 11% Nov. 20 2% Nov. 20 Sale Jan. 30% Jan. May 21 May 23 July 31 Nov. Nov. 22 3% Nov. 8 8 Nov. 9 4 !* 3 Mar. 18 12 6 % Nov. 55% Nov. 14 94% Nov. 8 Nov. 4 9% Jan. Apr. 29 2 3% Apr. 16 Nov. 18 ..... 5 * 5 42 20 25 Nov. 12 13 % Nov. Nov. 94% Nov. & 28 6% 9% 2% 2% Jan. 2% Feb. 20 % July 30 4% May 22 9% Jan. 4 May 24 170% Apr. 4 5 % May 2 3% May 21 11 18% Apr. 22 May 22 7 2% Nov. 12 8% Nov. 8 50 2% 8% « % Nov, 12 121 1% Nov. 7% Nov. 12 Nov. 20 Nov. 9 21 6 2 4% Feb. 29 123 19 Nov. Nov. 117 10% 11% % Sale 14 23 June 1 % Nov. 30 1% May 21 21% Jan. 16 % Nov. % Nov. 2 1 % Sale 8% 8% Nov. 115 115 118 116% 116 Nov. 84% 84% 9 53. 13% Sale 2 87% 30 New Mexico & Ariz Land New Process Co common N Y Auction Co common 1% 7% 8 34 9% Oct. 2 103 % Nov. 118% 116 3 3% 3% 7 8 7% 93% Sale 2% 2% 4% Sale 29 30% 7 6% 8 com 92 116 42 11 24 New Haven Clock Co 61* 42% 11% Sale 11% Sale 2% 2% 100 6% preferred 82 preferred New Engl Tel & Tel Co Nov. 7 Nov. 22 7% Nov, 20 "" . 14. Sale 11 Sale 15 Nov. 14 Nov. 30 Nov. 8 Nov. 1 35 \W, So* 6 16X Sale 46% 46 X 10 12 X 4% 7% 7% 11% $ X 3% % 2% 32% Nov. 8 1% Nov. 19 Nov. 7 6% Nov. 14 Nov. 1 Nov. 28 150 Nov. 2 4% Nov. 9 Nov. 19 17 Nov. 19 3% Nov. 7% 7% 164 Sale 164 164% 165 19% 20% 20% 20% 20% 23% 24 23% 25 23% % % I % 5 4% 4 Sale 3% Sale 3% 5% 5% 5% 5% 5% 15 16 17% 16 18% 130% 132% 135 136% 132 12 11% 12% 11% 16% 13% 14% 13% 7 8 8% 68 75 75 Sale X 116 New England Pow Assn com.* 3% cum-4% non-cum iJ: 27 X 3% 20 National Container (Del) Nat Rubber Mach Sale Sale 1 Nebraska Power 7% pref.. Nehi Corp 1st preferred I 26 11 Nat Bellas Hess com National Breweries common- 83 convpreferred L15, 152, 4, 24" 100 dountain Sts Tel & Tel 11, 5% Sale 27 28 X % 2% 3 6% 7X illy, 18 121 2 7X Sale 12 12% X 51% Sale 91 94% 114 28 "16% "Nov." "7 27% Nov. 27 Midland Steel Products— 6, 6 60 Sale 3X X t C-- 3% 27 27 30 22 108 -1 1 v 31 % 6% % 3% 6% Micromatic Hone Corp —1 Middle States Petroleum— Class A 55 11% 3% Sale 2% Sale % 7tf 4X % 5% % 2% 29% 108% 105 X 8. 2% 5 1% 1% 1% 5% 6 4% Sale 136% 139% 140 4X 4% 4% 4% 17 18 15% 17 ' M 2"^ 1% 9% IX Sale 27 Metropolitan Edison Co— $6 preferred 103 X 105 X — * Michigan Bumper Corp 1 Xt Sale Mich Steel Tube Proa..—2.50 5 18% 2% Sale 2% 2X 4% 5 * Participating preferred 1, 15% 7 * McCord Radiator & Mfg B—* McWilliams Dredging com—* Merchants & Mfrs class A 1: 5 34 3% Nov. 125% Nov. 22 5% Nov. 14 Nov. Nov. 63% Ncv. 1 Nov. 31% Nov. 3% Nov. 15% Nov. 30 Nov. 27 Nov. 15 Nov. 27 69% 1% 31% 3% Nov. 14 20 Nov. 19 10% 19 17% Nov. 1 18% June 14 30% Apr. 19 8% June 52% i,OV. 18 May I 110 June 3% June 10% May 49 May % July 26 July 2 Feb. 8% Sept. 15% May Jan. 136% 8% 15% 69% zl* 1V 12 Jan. 11 Jan. 3 Apr. 22 May Apr. 2 2 Nov. 27 Jan. 8 3 25 Apr. 25 Apr. Apr. 28% Jan. 25 NEW Dec., 1940] AGGREGATE SALES 47 EXCHANGE CURB YORK RANGE SINCE JAN. 1 PRICES IN NOVEMBER Price NEW YORK CURB EXCHANGE _ Since Jan. 2 1940 Jan. 1 Shares STOCKS (Continued) Par Bid 8# 10,500 n y Merchandise Co com—10 7# 3,120 n y Power & Light $6 pref ♦ 107 4,410 7% preferred--------100 n y Shipbuilding Co— 11# Founders shares 1 57,000 n y State Elec & Gas Corp— 2,650 5# preferred—-—-—-100 5# 7,900 New York Transit---- ,.— -5 21# 5,370 n y Water Serv 6% pref—100 5# 581,100 Niagara Hud Pow com--.--10 13,250 5% 1st pref--— --100 86# 1,140 5% 2d pref 100 52,600 Class a warrants———— """#• Class b warrants.————— 4,coo 5# 23,100 Niagara Share Corp class b--5 580 35,300 1,400 24,600 13,700 234,400 31,250 16,000 5,980 4,384 3,300 4,500 3,955 Class a Sale Vipissinsr Mines. — -5 Noma Elec Corp com--——1 Nor Amer Lt & Pow com 1 $6 preferred North Amer Rayon cl a——* Class b common--* 6% prior preterred Nor Amer tjtll Sec com —50 5# Sale Sale Sale 5# 67# Sale 9# 8# 1 1# 4# 4# 2,270 Ohio Power 6%. preferred—100 1,480 Ohio Pub Serv 7% 1st pref.100 1,350 6% 1st pref 100 4,800 Oilstocks Ltd common.-—---5 74,100 Oklahoma Nat Gas com——15 10,500 s3 preferred— —-—50 7,275 $5.50 conv pref-----——* ——1 2,900 Omar Inc 4,635 Overseas Securities Co-——* 2,600 83,400 14,000 3,080 1,305 Pacific Can Co common--—-* pref-— 25 preferred 25 Pacific Lighting $5 pref —* Pacific p a l 7% Pref 100 2,100 Pacific Public Service com-—-* 100 478,800 Pacific g & e 6% 1st 5 # % 1st s1.30 1st preferred———* Pantepec Oil of Venezuela— American shares——-— 900 Paramount Motors Corp—— 1,500 Parker Pen Co--.--—-----10 34,600 Parkersburg rig & Reel Co--l 370 Patcbogue Plymouth Mills—.* 5,100 Pender (d) Grocery cl a——.* Class b 19,100 5,330 Peninsula Telep Co com-——- * 600 si.40 preferred ---25 1,800 Penn Mex Fuel common.-.50c —2.50 1,300 Penn Traffic Co 393,400 Pennroad Corp com——-1 251,500 Pa Cent Airlines com—--—-1 450 Pa Edison Co s2.80prel———* 250 s5 preferred — 98# . 8# 19# 188 Sale 47 2# 3# 11 13 33# Sale 31 31# 89 90# 6 Jk* 20 21# Sale 3$ 4# 9# Sale llA Sale aVA t* Sale Sale ——- ...— Sale 7# 8 ""5#f 6~~ 6# Sale 36 10 # Sale 11# 1# Sale 7# Sale 11# 56 X —6 22,600 Potrero Sugar com 4# 5 25,800 Powdrell & Alexander com 475 Power Corp of Can com-—---* 7X 190 6% 1st preferred——.100 "21"" 9,200'Pratt & Lambert— IX 63,800 Premier Gold Mining 40 950 Prentice-Hall Inc com— * 9# 17,500 Pressed Metals of Amer—.1 17,600 Producers Corp of Nev——-20 9,500 Prosperity Co b common--—* "~4# 8# 2,700 Providence Gas Co.----—-—* 6 45,000 Prudential Investors com-—* 93 s6 preterred---4,750 Public Service of Colorado— 6% 1st preferred..--——100 106 X 190 7% 1st preferred ---100 110# 440 9054 29,900 Pub Serv of Ind $7 prior pfd—* 50 $6 preferred. — * 30,950 Public Service of Oklahoma— prior Hen pref..——.100 103 x 2,060 110 980 ound p & l $6 pref—• 130,100 24# $5 prior preferred———* 59,100 78# 12 X 83,600 Puget Sound Pulp & timb—* -5 650 Pyle-National Co com—Pyrene Mfg.-———..10 ~6# 9,400 For footnotes see page 53. Sale 91 71 11 Sale 4 37 Sale 16# 32# 16# 34# 34# # # 3 Sale Sale 2 158 40 35 Nov. 20 Nov. Nov, Nov. Nov, Nov. Nov. 29 77# Nov. 6 8# % 3# # 8 14 28 66 Sale 111# 112 Sale 190 11# 58# 86 14 . 59# Sale 24 X 27 4# Sale 6# 6# 120 31# 3# 8 "80" "82" 3# 16# 3# 92# Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 12 9 1 14 3# 3# 2# 20# 109# 105# 113# 3# Nov; 4 Nov. 13 Nov, 4 22# Nov. 13 Nov. 20 109# Nov. 20 Nov. 27 Nov. 6 111 Nov. 8 Nov. 28 115 114 Nov. 4 116 Nov. 14 £109 Nov. 13 6# Nov. 26 21# Nov, 29 49# Nov. 1 117 Nov. 28 4# Nov. 8 2# Nov. 2 34 Nov. 6 34# 30# Nov. 18 31# 106# Nov. 4 108 81 Nov. 27 86 4 Nov. Nov. 2# 3 2# Sale Sale 14 Nov. 26 Sale 40# Sale 13# a15^ 1# Sale 6# 6# 44# 46 6 . Nov. 1 16# Nov. 4 32# Nov. 20 33 Nov. 4 # Nov. 25 54 18 Nov. 9 Nov. 20 32# Nov. 20 Nov. 33 4 # Nov. 25 36# 15# i# 6# 44# 4# 6# 117# 32# 31# 3# 4 7# Sale 36# 37# 4# 6# 15# ^ 1# Sale 48# 70# Sale 8 11# #» Sale Sale" 8# 6# 9714 13# % , Sale "22"" 42 Sale 3# Sale 5# 62 Sale Sale 2# Sale Sale 4# m 13# 12# 91 38 2# 3 7# Sale 11# 13# #r # % 3# 4# 3# 5# 192 14 91 4 Nov. 23 Nov. 22 26 4# Nov. 15 7# Nov. 4 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 119 Nov. 2 31# Nov. 16 4# Nov. 8 8# Nov. 7 1 40# Nov. Nov. 15 Nov. 27 59# Nov, 16# VA 7# 46# 1# Nov. 6# Nov. 44# Nov. « Sale 8# Sale # Sale 4# 3# Sale 7# 62 Nov. 29 13 Nov. 20 2l" # 36# 8# # 4# r 22# % 39* 0* Sale 22 Nov. 20 o# Nov. 28 8# # 3# 8# 7# Nov. 13 Nov. 1 June 27 6 Nov. 20 39 73# Nov. 14 8 43 106 108 115 111# 114 96# Sale 47# Sale Sale Sale ""§# ' Nov. 23 5 Nov. 19 66# Nov. 20 23# Nov. 12 % Nov. 15 Nov. 1 Nov. 8 Nov. 8 Nov. 19 Nov. 1 Nov. 14 103# 110 110# 113 110# 111 112 112# 113# 112# 113 37 47 Sale 40# Sale 94 102 103 99# Sale 15# 16# 16 16# Sale 8 9 11# 10# 6 7 7# 6# Sale # May 21 2# May July 55 July 16 May # May 32 May 4# May 4 22 18 11 29 28 28 21 May 6 Nov. 8 Jan 9 Feb. 28 Jan. 11 Feb. 23 . Feb. 6 8 3 Oct. 33 6 21 # Sept. 17 3 Mar. 21 3 Oct. 8 22# Apr. 15 38# May 8 66# Oct. 17 2 p 2 Jan. 19 Feb. 19 Nov. 16 Nov. 23 Apr. 18 Jan. 13 Nov. 23 Mar. 14 Jan. 4 5 11 Feb. 29 Jan. Jan. Feb. 8 Mar. 30 Apr. ; i May 3 Jan. 8 Apr. 8 1?* Nov. 20 Oct. 3 Nov. 14 Nov. 15 Feb. 29 Nov. 29 Jan. 6 15 Feb. 7 1# Jan. 20 Apr. 18 4 Jan. 4 81 Feb. Jan, 1 24 Apr. 8 P 13 9 Feb. 13 June 4 5 5# Jan. 7 9# Feb. 42 Jan. Mar. 10» # July 10 2# May 21 8# May 23 9# Apr. 4# May 27 Oct* 95 May 24 103 6 4 May 14 June 10 113# Mar, 19 May 21 106# May 3 May 21 59# May 3 105# Nov. 14 £l04#May 16 107 Nov. 18 109 96# Nov. 1 49# Nov. 14 67 113 Nov. 111 113 Nov. Nov. 48# Nov. 105# Nov. Nov. Nov. Nov. Nov. Nov. Sept. 19 June 24 # Aug. 16 Feb. 13 Feb. 20 9 Nov. 20 18 8# 27 46# 17 14# 21 24 73# 14 15 June 10 104 1 # May 29 7 10 # Nov, 13 4 8 105# Nov. 105# 108 Ill# Nov. 112# 115 94 Nov. 95 96# 44# 46# 43# Nov. Sale Sale 14 Mar. 29 36# May May May May May May 9# % 4# 8# Nov. Nov. Nov. Nov. Nov. 26 22 7 Ndv. 22 38 Nov. 109 June 15 Mar. 13 12# Feb. 21 llH % Nov. 14 38 17 29 17 7 5 Nov. 29 10# Jan 35# .Tan. 54 Nov. 4 8# May 22 8# 4# June 10 113# June 15 120 29# July 20 31# 3# May 15 5 May 21 20# May 21 9# Jan. 25 7 % Nov. 12 3# Nov. 6 4# Nov. 22 20 26 1 Apr. 5# Feb. 27 3# Jan. 26 28 112 22 113# 28 192 16# 10# Oct. 9 53# May 24 72# 53 May 24 91 22 May 24 28# 9 102 Sale May 41 May £11 May 27 May 30 May # Mar. 65 103 104 x 2# June 7 3 Sept. 4 8 May 14 6 May 21 Nov. 15 101S Sale 4 98# Nov. 26 2# Nov. 29 8# Nov. 12 # Nov. 15# 34# 31# 108# 95# 6# 20 13# Feb. May 26# May 87# Nov. 7 2# Nov. 1 7# Nov. 18 66# Nov. 20 72 23 73 64# Sale 13# 13# 93# 96 ip 1 12 Sale 8# Oct. 22 May 22 21# May 23 50 100 May 23 117 8# 4# Nov. 28 3# 1# July 22 Apr. X Nov. 97# May 103# May Nov. 23 £l58#May Nov. Oct. June 13 109 96 64 1 Nov. 27 June 12 111 94 Sept. 5 110# May 23 117 May 27 116# Mar. 26 104 33 Ill# Nov. 25 113# Nov. 16 9 3# Aug. 1 1# June 17 17 May 28 24# May 10 95 May 24 110# Mar. 12 2# May 27 1# May 21 11# Jan. 15 2# Nov. 16# Nov. 2# Nov. 12# Nov. 3 Mar. 14 May 1 Sept. 18 Apr. 18 38# May June 7# Nov. 14 Jan. Jan. 4 Nov. 26 23 May 26 # June 20 51 no May May Feb. Nov. 14 6 % 2# May May 97 May 6 May 7 May 95 72 11 Nov. • •A Nov. 100 10# Nov. 16 118# Sale 31# 3# 7# May May May 44# May 15 Nov. 4 Nov. 26 Nov. 14 39. 65 66# # Nov. # # 110 Nov. 111# 109 112 Nov. 113# Sale 184 Nov. l83 185 14 14 Nov. 15# 54# 56# 54# Nov. 85 89 Nov. 91# 26 27 25# Nov. 4 # May Nov. 27 4 7 71# May 10 9# Mar. 27 IV* Jan. 8 5# Jan. 25 3 1# Jan. 103# Mar. 28 26# Apr. 8 3 26# Jan. 52# Nov. 9 28 7 4 8 Feb. 27 5# Feb. 16 99# Feb. 19 57 15 20 2# Nov. Apr. *11 Jan. 1 June 8 8 4 10# 11# 6# 7 31# 36 52# 53 17# Sale 31 32# 32# 34# A # 4 87 May Sept. # May 3# May 12 5 3 Mar. 28 Jan. 50 8 1 Jan. 92 # May 3# May 85 17# 4 May 10 7# Apr. 16 29 >«♦ Nov. Nov. 1 Nov. 27 27 108# Nov. 9 5# Nov. 4 19# Nov. 13 49 1 Nov. 113# Nov. 4 4# Nov. 28 2# Nov. 22 108 May 5# Jan. 17 May 3# May 73 May 65# Nov. 66# Nov. 12 8# Nov. 8 Nov. 27 23# Apr. 22 May 21 11 98 1 37# % Sale 109 12 14# 34# Sale 31# 31 3 3 3 116 30 - —100 13# 14 34# Sale 31 31# 107 107# 84# 86 4# 4# 17# 18# 64 8 > - 4# 2# 32 12 « Sale 83 3 2# 21# Sale 20# 109 109# 109# 110 106# 109 114# 113# 114# 115 115# 116 108# 110# nlY 6# 7# « ^ Sale 21# Sale Sale 50 49# Sale 116 116# 4# 5# 4# 2# 2# 2# 107# 5# 20# 49# # Pitts Metallurgical Co Srior lien pref # 3# Sale 3# 20# 107# 105# 114# 51 34 3# Nov. 30 62 i\% 30 42# Nov. 13 Nov. 19 Nov. 1 Nov. 1 22 Nov. 27 25 8 23# 22# 23# 24# 19 23# 25 23# 22# Nov. 26 23# Sale 9 51# Nov. 26 52# 51# 52 22 % Nov. 26 X # # JA 14 2# 2# Nov. 27 2# 2# 3# 27 106# Sale 108# 109 106# Nov. 1 109 8 119 115 Nov. 115 27 118# 115# 119 9 4 7# 9 8# 8# Nov. 22 c,V/s 9# Nov. 27 12# Nov. 2 12# Sale 9# Sale Sale Nov. 26 22 19# Nov. 8 23 18# 20 31 Nov. 9 34 29# Nov. 25 32 30# 32 114 10 # Sale 10 Pittsburgh Plate Glass com..25 100 a Sale Pleasant Valley Wine Co 1 1# 1# Plough Inc common -7.50 9# 10# 450. Pneumatic Scale Corp Ltd- -10 —25c ""Ik "i# 17,500 Polaris Mining Co 17,600 61,300 17,500 11,200 3# 114 ^ . 8# # 3# y* 3# Sale 62 8 Sale Sale Nov. 18 6# 28# 5# 80# 67# #4 91 Sale 8# 9# Sale 98# 23# Nov. 15 108 7 9# Mar. 11 May 28 Jan. 19 98 May 23 109 6 103# May 25 118# Jan. * 3# Sale 4# Sale 1 107 6 Nov. Nov. Nov. Nov. Nov. Nov. >04 Nov. Sale >82 65# 82 5,610 Pa Gas & Elec class a.——— 1# 2# 1 ;853lPa Pow 3c Lt s6 pref 111 Sale 6,478' s7 preferred — 3,770. Pennsylvania Salt Mfg 50 167h Sale 1,0001 Pennsylvania Sugar Co...—20 22,150 Pa Water & Power—--—-—* "67# Sale" 89 91 # 6,575 Pepperell Mfg Co 100 1,050 Perfect Circle com.—---—* 2654 29 48,700 Pharis Tire & Rubber Co--—1 13,900 Philadelphia Co com —* 560 Phila Elec s5 div preferred---* 2,050 Phila el Pow 8% pref— 25 16,400 Phillips Packing Co— 1 1,064,300 Phoenix Securities common. 68,450 s3 conv preferred a— 10 -* 18,400 Pierce Governor Co com -1 90,600 Pioneer Gold Mines Ltd 42,800 Pitney Bowes Postage Meter.* 675 Pitts Bessemer & l e rr.—50 60,500 Pittsburgh Forgings Co--—--1 50 24,230 Pitts & Lake Erie rr 17# Nov. 5s» Sale 27 25# 27 49 * Ohio Edison $6 preferred—--* Ohio Oil 6% pref— ———100 Sale 23 Sale I Sale 1 84 26 4 Ohio BrassclassB Highest Sale Prices 106 107 107# 108 7 6# 6# 6# 29 27 28 27# Sale 3# 5# Sale 3# Sale Sale 75# 75# Sale 79 67# 65# 69# 62# 65# 1 North Cent Texas Ogden Corp common.- Lowest Sale Prices 7# Nov. 9 7 7# Nov. 19 7# 7# 7X 105 Nov. 9 106 Nov. 1 Sale 105# 106 Nov. 4 115 115# 115# Nov. 13 116 115# 116 Sale" •A -* # Oil--—-—-5 '3# 2% Sale Nor Ind Pub Ser 6 % pref-—100 100 2,635 7% preferred 100 11,600 Northern Pipe Line——.—10 ""6# "7# 14# Sale 25 77,100 Nor States Power a 18# 16# 10,050 Northwest Engineering-——-* 35# 36# 16.000 Novadel-Agene Corp--—* 80,400 10,300 3,600 13,500 Highest Sale Prices 106 preferred-.--- -100 Niles-Bement-Pond com-----* Nineteen Hundred Corp b—1 Lowest 106 19# Sale 13 Ask Ask Bid Bid Sale Prices Nov. 30 Nov. 1 Ask 28 12 29 29 17# Nov. 13 1 7# Nov. 26 35 111 Nov. 28 June June 113# May 9 May 28 48# Nov. 29 May 21 105# Nov. 29 Jan. 26 29 May 10 May 22 10# Apr. 12 7# Mar. 7 May 28 NEW 48 November NEW YORK CURB EXCHANGE Since Price Jan. 2 Jan. 1 STOCKS (Continued) 6,070 Quaker Oats com Par 118)4 —* 117 153)4 6% preferred..—-—-—100 150 12 H 1,350 Quebec Power Oo. 16 * Radio-Keith-Orpheum—• 33,900 Option warrants 6,720 Railway & Light Securities...* 1,300 Rys & Util invest cl A com—.1 Raymond Concrete PileCommon 11,650 2,350 ......—— 1,190 5,800 9,300 11,625 4,400 18,500 4,200 686.500 8,300 2,900 30,100 210 300 1,200 1,200 400 1,900 200 33,600 500 700 2,700 34.900 4,800 225 3,400 300 50 10 1,200 15,500 14,700 16,000 4,200 16,900 8,700 6,600 4,100 17,500 23,800 1,400 1,100 1,400 1,100 200 '""165 300 800 4,300 1,700 330 462,400 19,600 98,955 13,000 17,000 2,300 12,000 800 10 70 1,400 7,600 66,000 """loo 5,600 190 970 950 725 25~666 103 H 105 155 • 36,712 63,100 5,100 1,800 430,099 50,400 4,900 64,900 6,950 5,700 450 9,900 1,650 1,000 • * 2 25 X Reeves (Daniel) com—.... Reiter Poster Oil Corp.....50c 5)4 Reed Roller Bit Go """300 Ryan Aeronautical Co 1 Ryan Gonsoi Petrol eutha * Ryerson St Haynes Inc com—.1 St Lawrence Corp Ltd * A $2 conv preferred——50 St Regis Paper Co————5 7 % preferred —.100 Salt Dome Oil Co 1 Samson United Corp com——1 Sanford Mills.......—.—* Savoy OilOo. —5 Schiff Oo com ——-* Scovill Mfg Oo -25 Scranton Lace Co common—* Scranton-Spring Brook Water Service $6 preferrek ... * 8,500 300 V% 154 Sale Sale 20)4 Sale Sale 454 6)4 Sale 17^ ""254 4 15 3)4 57 )| Ji 18)4 114 12)4 120 16 4 64 454 3)4 4)4 Sale Sale "h y Sale Sale Sale Sale 6 5 62* W* 454 254 454 4)4 3 Sale 1 6 14 7 29 28 23 34 6 Nov. 14 Nov. 7 5?4 Nov. 12 Nov. 8 15 5)4 Nov. 16 4i Nov. 454 Nov. 6 At July 24 May 27 4 July 8 Sale 1 21 23 39 A* 53 59)4 Sale 10 % 33 -* , Sale 3854 %a M Sale sa Sale Sale 9)4 354 nnX 27 30 1254 13)4 29)4 Sale 20 Sale a 2 3 )4 Nov. 27 1 454 Nov, 254 Nov, H Nov, 1 1 254 6954 3)4 At 27 Nov. 29 Nov. 7 Nov. 27 Nov. 23 Nov. 26 Nov J 15 1 28)4 Nov. 20 Nov. 30 "1354 8 1 1 At Nov. 4 Nov. 8)4 Nov. At Nov. 2)4 Nov. 46 Nov. 46 Nov. „ Sale 854 Sale 4 Hi 2* 46 47 Sale 47)4 Sale 54 X 1)4 154 554 554 6)4 4)4 Sale 454 12 54 13 12)1 8251 Sale 75)4 11154,11354 112)4 7 6 9)4 9 9)4 14 l)f Sale 16 )4 Sale Sale Sale Sale Nov, 64 > '4 46 .6)4 64)4 1 Nov. 4 Nov. 19 Nov. 18 Nov. 27 60 Nov. 10 Nov. % Nov. Sale Sale 3 9)4 2)4 154 5)4 68)4 70)4 1154 Sale 1)4 1)4 54 1 35 39 r' Sale Sale Feb. 9 16 16)4 Nov. 14 Nov. 14 45 X Feb. 16 Feb. 8 Sept. 14 1A Feb. 24 2 2)4 Jan. 2654 Jan. 10 14 42 6 Jan. 6 X Feb. 16 17 9 10 18 12)4 June 3 3)1 Aug. 13 18 2 6)4 Apr. 1954 Mar. 27 5)4 Jan. 4 Oct. 10)4 Nov. 12 2)4 Nov. 28 2 Nov. 15 6 Nov. 7 6454 354 4)4 2)4 1)4 3)4 81)4 4)4 At 27 Nov. 9 Nov. 25 Nov. 14 Nov. 4 Nov. 26 116)4 Feb. 11 May 6 May 154 Jan. 1)1 Aug, 4)4 Aug. X Apr. Nov. 27 42 Nov. 6 Nov. 13 Nov. 26 Nov. 8 50 1)4 Sale 154 7 12 May 22 34 May 13 29)4 Mar. 13 71 )4 Nov. 15 44 June 24 71)4 Nov. 15 1354 Nov. 14 154 Nov. 12 1 Apr. 5 40 Apr. 30 1)4 Mar. 2 8)4 Jan. 5 1354 Nov. 14 154 Nov. 12 j| 50 Nov. 1 48)4 May 28 3)4 Nov. 27 July 12 27 Sept. 13 )4 Aug. 9 June 10 Jan. 18 May 23 Nov. 18 Aug. 29 8 Nov. 29 May 28 May 28 Nov. 14 6)4 Nov. 7 6 Nov. 14 1254 Nov. 8 8254 Nov. 1 114 Nov. 29 6 454 May 21 54 July 12 X Oct. 17 2 Jan. 16 54 Jan. 2 6)4 Jan. 5 59 X Apr. 23 60 Apr. 6 11 At Jan. 5 May 18 Mar. 9 Mar. 13 5)4 Sept. 12 Apr 12 Apr. 10 Jan. 31 Apr, 4 )4 Nov. 30 7 Nov. July 2)4 Nov. 26 2254 May 21 19 July 6 • 2 7 50)4 Nov. 14 Nov. 5 5 Nov. 13 Nov. 8 *l354~Nov."i5 9 Nov. )4 Nov. 3)4 Nov. Nov. Nov. 2 8 Feb. 6 Jan. 5 Feb. 24 Mar. 20 Mar. 7 31 21 - 1 454 Sale 1254 12)4 75 Sale 11354 114 Jan. Mar. June 10 % Nov. 8 454 Nov. 14 Nov. Feb. 9 Oct. 29 9 21 21 18 15 15 12 254 May 15 454 Nov. 1 1)4 May 15 54 May 22 1)2 Aug. 8 9 May 17 2)4 May 21 35 )4 Nov. 5 Feb. 5 4)4 Jan. 24 15)4 Apr. 30 454 Apr. 10 81)4 May 3 954 May 6 1)4 Jan. 24 35 Jan. 18 1 Jan. 26 14 Jan. 17 Nov. 28 6 254 Apr. J&Jan. 25 May 28 106)4 Nov. 26 Nov. 8 May 21 105 94 95 3)4 Jk* 79 3)4 Sale Sale 24 5% cum pref A A A 2,980 100 113 10 1,100 Sherwin-Williams of Can..—* 14 1,900 Silex Oo (The) common——* Slmmons-Boardraan Pub 4 6)4 May 22 May 17 )4 June 11 X May 21 16)1 May 22 Nov. 14 54 Nov. 20 1)4 Nov. 15 21)4 Nov. 12 12)4 Sale 23 I® Nov. 1 20)4 Nov. 454 Nov. At Nov. 18 Nov. 454 Nov. 14 Nov. 454 Nov. 1)4 Nov. 16)4 Nov. 14 45 16 1054 3)4 154 2)4 ii* Sale i* V 4 1 Nov, )4 Nov. 26 , 12)4 Sale 28 25 1354 Nov. 43 125 115 154 6 62^ 1)4 1)4 954 254 30 .— 154 21)4 4)4 1754 4)4 Sale 13)4 14 2 154 Gen'l com—— $5.50 prior stock-—— Allotment certificates.—. 15 45 16^ 9)4 254 29 X Segal Leek & Hard ward com.. 1 Seiberling Rubber com..——* Selby Shoe Oo com * Selected Industries..........! Convertible stock -5 lH 20)4 4)4 At Oct. 30 5)4 June 13 X Feb. 16 At Prices Feb. Nov. 29 X Oct. 21 % Sale Seeman Bros common 14)4 43)4 A* Nov. 7 8)4 Nov. 19 1 At Nov, 7)4 Nov, 27 1)4 May 22 26* 29* 12 13* 1 12 5it 7)4 )4 7)4 X Nov. 19 1254 36 10 I Highest Sale Sale Prices 94 June 10 125 142 May 21 157)4 13 8 May 21 )4 Nov. 2 X Nov. 15 'At X 'At )4 6 106)4 Nov. 26 106)4 104)4 Nov. 104)4 104)4 106 Nov. 8 104 10454 105)4 106)4 10454 Nov. 8 105 Warrants Securities Corp 554 554 Sale 14)4 1454 5 5)4 1)4 Sale Scullin Steel Co common..— — 4,500 50 A Sale )4 15 Reliance El St Eng Oo 5 13)4 Sale Republic Aviation Corp.——1 Mfg Co 1 "6*" ""654 Rice Stix Dry Goods Co..— * Richmond Radiator com..—1 2)4 154 Rio Grande Valley Gas CoAt Voting trust et,fs 1 54 Rochester G &E 6% pfD-100 6% preferred O— -100 Rochester Telephone Corp— 6)4% 1st pref —100 115 12 Roeser St Pendleton Inc .* 11)4 Rome Cable Corp common—5 11)4 Sale Roosevelt Field Inc 5 Sale 3 Root Petroleum Co com 1 9 7)4 $1.20 conv preferred 20 X Rodsia Tnternat Corp —* Royal Typewriter com * 60)4 63 3 Russeks Fifth Ave Inc .2-50 354 Selfridge Prov Stores, Ltd— American dep rets reg £1 1 93,700 Sentry Safety Control. 1,100 Serrlck Corp class B com—.1 2,800 Seton Leather com 74,125 Shattuck Denn Mining—...5 9,400 Shawinigan Water St Power—* 46,450 Sherwin-Williams Oo com...25 2,200 13)4 Sale 43 1 Rheem 9,750 8,850 950 y 1254 Sale 37)4 35)4 11)4 Lowest Highest Sale Prices Nov. 12 103 Nov. 27 108 104 Nov. 14 157)4 Nov. 29 158)4 150 10)4 Nov. 27 10)4 Nov. 27 12)4 100 156 At Sale 754 9 X At Sale 9 $3 conv pref—. .————* Raytheon Mfg com ...50c Red Bank Oil Co.— 10 Lowest Ask Ask Bid 151 3.560 7,000 1,900 13,600 27,200 1,500 Bid Ask Sale Prices Nov. 30 Nov. 1 1940 Bid Shares 210 100 RANGE SINCE JAN. PRICES IN NOVEMBER SALES In Shares 580 EXCHANGE OUBB YOBK aqqreqate 3)1 May 21 10 May 31 62)4 June 10 106 i 5< Jan. May 21 X Mar. 554 May 29 8 May 21 18 10 7 )4 Apr. 16 . 100 3,100 900 i"500 500 600 1,500 700 400 2,700 2,000 120 1,300 400 2,400 50 700 1,500 150 1,100 240 1,500 300 300 5,200 2.350 2,300 200 500 6,400 4,400 275 18,800 . 300 150 1.400 2,500 1,900 500 dorp conv pref. 1)4 259,100 Simmons H'ware Sc Paint Go1)4 13,400 Simplicity Pattern Co..—-.1 * 100 Simpson's Ltd B stock 154 ...100 152 9,340 SingerMfg Oo Singer Mfg Ltd— 2 Am dap rets ord reg shs...£l 2)4 2,100 320 Sioux City G & E 7% pref.100 700. Skinner Organ Oo common...5 — 1 10,800 Solar Mfg Co -—1 50.000 Sonotone Corp —1 8,300 Soss Mfg Oo 1 18,900 South Coast Corp com.. 31,600 Sou Calif Edison 6% pref B..25 5)4 % pref class O.—....25 22,800 5% original pref—...—.25 1,820 10,100 Southern Colo Power cl A...25 7% preferred .—..—100 40 140 South New Engl Telep Co..100 2,900 Southern Phosphate Co.....10 24,200 Southern Pipe Line.........10 22,400 Southern Union Gas com—...* Preferred A .—.—.25 1,150 ....5 30,500 Southland Royalty Oo. .—.25 33,500 South Penn Oil hH ' — 10 2,750 So West Pa Pine Lines 13,500 Spalding (A G) St Bros]Inc—-1 5% 1st preferred.. ...* 3,520 Spanish St General Corp Ltd— Am dep rets ord reg shs—.£1 800 ... * 8,400 Spencer Shoe Corp * 1,000 Stahl-Meyer Inc com * 1,200 Standard Brewing Oo— 1 50,800 Standard Cap St Seal com 17,650 Conv 400 For footnotes see 25 20 BH 5H 2454 254 1 2 .... 10754 Sale 154 2 X 26)4 3 154 25)4 Nov. 25 5)4 Nov. 4 1 Nov. 25 23)4 Nov. x2 H Nov. X Nov. 2 109 Sale 107 2 113)4 Nov. Nov. 8 154 Nov. 154 Nov. 23 54 Nov. 154 Nov. 154 1 Jan. 10 25 H 5. 1)4 Jan. 24 1)4 54 June 10 954 954 Mar. 26 99 Aug. 19 155 19 _ 95 1 154 1)4 *354 154 Sale nV4 72 H Nov. it* 2954 Nov. 46 ljjfcS' 1 Nov. 3)4 1)4 27 24)4 35 4)4 554 Nov. 14 1 5)4 Nov. 3 Nov. 19 Nov. 5)4 Nov. 34)4 Nov. 21 X Nov. 154 Nov. 8 Nov. Sale Mar. Feb. 21 554 24 Sale 9)4 6 554 Nov. 13 38)4 Nov. 29 454 Sale 14 Sale preferred————-10 1* ill 354 Sale 12)| Sale Jan, July May Aug. 23)4 Nov. 25 1)1 Nov. 7 854 Nov. 28 8 1)4 Nov. 154 Nov. 19 1 22 Nov. 1 X Nov. 12 1 22 5% preferred —100 Standard Power St Lt com Glass B common _ 1 * *7? referred.. ........... Standard Products Co.......1 Standard Silver Lead.—.....1 Standard Steel Spring Co....5 Standard Tube class B .....1 Standard Wholesale Phosphate St Acid Works...........20 age 9)4 Sale 40 1)4 a',*6 Sale 154 Sale Sale Sale Sale Sale Sale Sale 5l 26 *154 12 *10 X Nov. 354 Nov. 12)4 Nov. H Nov. 18 Nov. 4 14)4 Nov. 2 23 10 30 24 1 2 5 Nov. 154 Nov. 13 1254 Nov. 9)4 Nov. 1154 1954 119)4 3154 Sale 9 Nov. 14 Nov. 1854 Nov. Nov. 23 Nov. 18 Nov. 1 Nov. May Nov. )4 Jan. 3)4 Oct. 12)4 Nov. 2 18)4 8 Nov. 2 Nov. 1 May 8)4 May 7)4 Tune 16)4 May 26)4 May 100)4 June June 6 Nov. a 24 8 Nov. 14 3154 Nov. 111 110 109)4 Nov. At X Nov. X )4 Nov. 22 20 20 Nov. 23 854 Nov. 954 9)4 m At Nov. hnA$ Sale M 25)? 26' 26 Nov. 30 1)4 1)4 154 2 19 Jan. 3 Apr 19 K Mar. 16 2 154 Sept. May Standard Dredging Corp— 154 1254 914 1854 32)4 109)4 54 X 4 654 Jan. 23 1154 Apr. 9 4)4 May 1 20 May 1 7)4 Apr. 29 44 Jan. 3 35 Feb. 24 2)4 Mar. 21 16 Apr. 2 Jan. At Jan. V4 1H 2 72 170 4)4 May 454 Oct. 354 Nov. 19 Nov. 8 5 Apr. 2 2)4 Jan. 6 3154 Nov. 7 30)4 Mar. 12 48 Oct. 31 May May H Nov. 6 Jan. 2)4 Apr. May Nov. May 167 Sale 15 7 Nov. 164 454 6)4 May X Feb. 66 30)4 Nov. 62 8 4 1)4 Nov. 4)4 Nov. 18 154 Nov. 1 3154 Nov. 7 29)4 Nov. 20 48 Nov. 2 354 Nov. 1 X Nov. 3054 Sale 29)4 2954 46 47)4 159 Nov. Nov. 25 Oct. 18 v, 24 Api Mar. 26 2)4 May 7 10554 Mar. 11 X Feb. 21 15t Jan. 3 154 July 1 20 Common ........—1 7.300 $1.60 conv oreferred 20 1,700 Stand Invest $5 Hi preferred. _* 4,750 70,000 Standard Oil (Kentucky)-...10 25 74,700 Standard Oil (Ohio) com 3,225 405,300 20,100 2,820 27,900 34,200 34,700 2,700 . 2 Nov. 14 . 20 6 Aug. Mar. May At Aor. 19 1 22 ' _ May Jan. 15)4 ;May 28 53. U At Jan. 2 2)4 Mar. 21 Jan. 4 Jan. 23 165* Mar. 23 Mar. 15 2)4 Nov. 8 14)4 Nov. 14 II Mar. 1 20 X Feb. 15 4154 May III Oct. 8 16 3 X Jan. 10 27)4 Jan. 11 10)4 Apr. 12 54 Jan. •2 Jan. 40)4 Jan. 1H Feb. 21 15 3 8 Feb. 29 DEC., 1940] NEW 49 EXCHANGE CURB YORK AGGREGATE PRICES IN NOVEMBER SALES NEW YORK Par 1 2,250 Stein (A) & Co com 12,500 SterchI Bros Stores inc 575 6% 1st preferred. 5% 2d preferred 900 37,950 Sterling Aluminum Prod 7,800 Sterling Brewers Inc 21,900 Sterling Inc * Stetson (John B) Co com Stlnnes (Hugo) Corp Strooek (S) & Co Inc Sullivan Machinery Co Sun Ray Drug Co com Class B Ask Bid 50 —* 4 Sale 50 20 1 -1 1 35 Sale "5k" 55 1254 354 3754 1354 13 3 54 10 54 Sale 6" 2 254 54 IX 2h —5 —* • 1 H V* A 2 34 54 33 105 12 V Sale 954 11 13 54 12 X 11X IX .V* 37X 38 34% 22 5* 14 X Sale Sale IX 3954 2354 9 common 5,200 Swan-Pinch Oil Corp.. .15 ...... 1 53.300 Taggart Corp com 26,400 Tampa Electric Co 163,500 Technicolor Inc common— 960 Texas P & L 7 % pref Texon Oil & Land Co 6 54 6 654 3% Sale 12 T4 Sale 27 9X 109 254 5 1 * Constr ♦ Tobacco & Allied Stocks 24,600 Tobacco Prod Exports ♦ Sale 20 1154 54 154 54 3% Sale Sale 110 2X 18 54 11 19 3 Sale 754 Sale IX 55 4X X 53 X 60 454 Sale 4X Highest Lowest Highest Sale Prices Sale Prices Sale Prices % 54 Nov. 26 June 27 62 1254 Nov. 28 354 Nov. 20 1054 June 5 2 May 21 15 3X 1254 Nov. 28 354 Nov. 25 40 40 40 13 354 1054 7X Sale % 1 IX IX 8 Nov. 13 Nov. 22 7 Nov. 3X 3 45 8 UJA 3X 4X Sale 6 54 Nov. 28 154 Nov. 20 3X X *A 1454 14X 11X 12 11X 11X IX Sale 3854 41 25 X 27X 3954 23 154 Nov. 2 — 14X 6.X 654 Sale 35 100 10854 11054 Thew Shovel Co common rilo Roofing Inc Tishman Realty & 154 IX Sale 3 48 X 12 X 39 45 "" Ask % 1H 154 Sale 12 Lowest Sale Prices Nov. 30 Ask Bid Bid * 120.199 Sunray Oil 534 % conv preferred 50 5,350 25 9,600 Superior Oil Co of Calif Superior Portl Cement A-.„_* 19,000 34,000 28,800 1,100 2,325 Nov. 1 1940 STOCKS (Continued) 42,800 Starrett (The) Corp vdc 445 Steel Co of Canada ord_. Shares """"25 1 Jan. 2 Jan. 1 8,025 2,900 7,450 10,900 10,800 RANGE SINCE JAN. Price CURB EXCHANGE Since Nov. 1 'A Nov. 15 Nov, 15 1154 Nov. 12 14 1154 Nov. 154 Nov. 1 A* 4X 4X 33 6 254 May *A Mar. 7 54 May 654 May 8 May 9 Nov. 15 Nov. 7 1254 Nov. 13 1154 Nov. 19 Tan. 26 23 Jan. 2 54 Aug. 20 154 May 18 14 2 8 12 354 Feb. 19 454 Jan. 54 Jan. 27 1 25 21 23 154 June 11 33 54 Feb. 23 21 May 28 Oct. 954 May 954 Apr. May 18 554 Jan. 5 Feb. 20 Apr. 23 454 Feb. 10 15 Nov. 10 10 7 1354 Apr. Apr. 4 5 Jan. 2 15 2 2 2 Nov. 26 Nov. 15 26 Nov. 26 13 24 Jan. 9 Jan. 9 7 Nov. 14 5 July 13 954 Jan. 19 454 Nov. 14 2754 Nov. 4 1054 Nov. 8 254 May 21 23 Nov. 30 6 Jan. 3654 Jan. 21 1654 Feb. 2 23 8 654 Nov. 8 354 Nov. 23 Nov. 9 Nov. 9X Sale Nov. 112X 113* 110 2 54 Npv. 2X 18 54 Nov. 19 Sale 7 754 Nov. 854 48 15 Nov. 13 Nov. 25 Nov. 29 Nov. 4 Nov. 7 Nov. 954 754 154 154 154 Jan. A May 21 39# 50 113 3 Nov. 25 Nov. 19 2054 Nov. 14 854 Nov. 15 Nov. 5354 Nov. 20 454 Nov. 7 454 Nov. 854 May 103 May 2 May 1254 May July A 4054 Apr. 25 Jan. 22 36 13 22 114 Mar. 20 28 21 Oct. 1 354 Oct. 8 2454 Apr. 15 Apr. 8 154 Apr. 20 59 15 21 2 May 3K May 22 Jan. 554 May 20 8 Tobacco Secur Trust Co Ltd 600 300 Am dep rets ord reg shs Am dep rets def reg 9,990 Todd Shipyards Corp 1,400 Toledo Edison 6% pref 7% preferred A 640 800 Tonopah Belmont Dev 9,200 Tonopah Mining of Nev £1 5s * 100 100 10c 46,000 Trans-Lux Pict Screen com.-l 10 46,900 Transwestern Oil Co 39,900 Tri-Oontinental Corp warr.... 400 Trunz Pork Stores Inc Tubize Chatillon Corp— Common Ol&ss A 1 46,200 17,700 17,800 Tung Sol Lamp Works com.. 1 80-cent div pref 9,300 44,500 Unexcelled Mfg Co Inc 5.200 Union Gas of Canada.. ..* ♦ 900 Union Investment Co com 25 Union Stock Yds of Omaha. 100 United .Aircraft Prod 1 171,700 United Chemicals Inc— Common .............. 12,000 1,800 528,500 72,500 1,700 433.200 53,000 40,000 $3 cum ...._♦ partic pref noX 76 $A A IX Sale 354 3X 254 754 8 Sale Sale Sale 3 2X Sale 7 754 Sale Sale 77 X 109 754 8 3654 385* IX 154 754 Sale X 2 12 X 9 Nov. 19 Nov. 14 *A Nov. 23 654 Nov. 34 Nov. Nov. 18 Nov, 16 A Nov. 20 154 Nov. 7 9 54 Nov. 1 25?'Nov. 1 10 6 3954 Nov. 12 254 Nov. 1 754 Nov. 9 154 Nov. 29 754 Nov. 1 Nov. 12 Nov. 9 Nov. 4 1154 Nov. 12 59 1154 Nov. 14 1254 Nov. 4 61 a Sale Nov. Nov. Nov. Nov. X 8 1 ♦ % Nov. 54 Nov. 854 Nov. 154 Nov. zl0754Nov. 'A Nov. 82 Ill Nov. 54 Nov. Nov. 82 54 Nov. Nov. ^ 354 May 21 54 Nov. 26 May 8 Feb. 19 May 22 5 54 18 Jan. 15 Jan. 8 154 Jan. 11 Jan. Oct. 5 18 1 4 1354 Feb. 0 354 Feb. 29 6454 Jan. 18 1554 May 10 Apr. 17 Apr. 24 65 Mar. 30 Jan. 4 89 X Nov, 54 Nov. 7A Nov. 54 Nov. 3154 Nov. 22 24 X 21 24 A Sept. 16)4 May 20 May 27 68 78 70 75 Nov. 11 654 Apr. 29 16 854 May 5954 May 5? May A Nov. 654 Jan. % May 8754 June A Nov. 79 May 3 3954 Feb. 21 354 Jan. 20 2354 Nov. Nov. Nov. 25 1054 Jan. 34 X Sale * Apr. 25 & 454 May 22 20 May 22 154 May 28 654 May 21 May 21 14 A §0 20 Mar. 0 May 21 109 Jan. 9 104 May 24 115 Apr. 4 4 A Apr. Apr. 20 54 Oct. 10 151 Apr. 15 54 May 28 Jan. 7 2 3: May 22 Jan. 3 'A Nov. 23 Jan. 31 x854 Jan. 31 x8 Jan. 13X 1054 Jan. 95 354 Nov. 4 1054 Nov. 10 9 54 Nov. 30 ... Common class B Nov. 25 1054 Mar. 29 54 Apr. 25 55 May 22 354 .....1 $0 1st pref * * 975 United Milk Products com |$3 participating preferred..* 142 80 1054 Nov. 12 100 500 United G & E 7% pref United Lt <fc Power com A....* 188,600 71,600 233,200 1 2 254 Nov. 28 "ax Sale" ........ Warrants. 6 454 Nov. 1 54 Nov. 26 1 United Corp warrants.. $7 1st non-voting pref.. Nov. Nov. 19 10854 54 Nov. A Sale hs'dW 254 Sale "A X 854 10 Sale IX 1154 254 75 108 U4X 115X 11454 Nov. 12 115 10 6X 35X naX 76 108 X X IX IX 254 Sale A Sale X Sale 9X 10 X 33 X Un Cigar-Whelan Stores...10c United Elastic Corp United Gas common X a Sale 115 114 ...1 • 10 954 10654 109 8 ..... 289,500 Udylite Corp 6,700 JUlen A Co series A pref Series B pref... 700 5 18 39 Feb. <■ 3 Feb. Jan. 14 July Jan. Jan. Jan. J an. Apr. Apr. Oct>. 4 9 3 11 3 3 8 2 8 U nited Molasses Co Ltd— 1,400 Am dep rets for ord reg 4X 150 United NJRR4 Oanal—.IOO United Profit Sharing com.25c 16,200 200 410% preferred United Shoe 310 240 246 5* U S Foil class B * 8354 Sale" "4 454 US<fc Internat Sec com.....* 1st preferred with U S Lines Inc pref U S Plywood $1.50 conv Co warr....* ...* common pref 1 20 U S Radiator common.......1 U S Rubber Reclaiming.....* U S Stores Corp com ...50c $7 conv 1st Dref iOiass B ..* Corp v t C........1 Universal Insurance.........8 Universal Pictures com......1 Universal Products Co... 100 Utah Radio Products com.... <7% preferred 5,400 Waltt & Bond Inc class A 90 * * 100 * Class B ....* 3,700 1 20,600 Walker Mining :5 3,500 Wayne Knitting Mills 1 7,600 Wellington Oil Co common 22 Sale 254 2554 Sale Sale Sale 32 S ale 53* 24454 Nov. 9 24554 Nov. 9 54 Nov. 19 54 Nov. 19 245 5* 56 44 8. Sale Sale 854 754 554 554 654 7 A 54 5954 Sale 354 Sale 154 354 m Sale 354 354 254 554 *A 54 > Sale '4 154 , 4 h & 17 22 9 7 21 *154 Sale" 62 Sale 6 1 154 354 Sale 2354 354 Sale 17 8 « Sale 154 80 10 S ale Sale Sale Nov. 27 6 154 Sale 354 4 5454 Nov. 29! 5954 Nov. 8 1 Nov. 2 754 Nov. 28 154 Sale 954 Nov. 12 Nov. 28 7 6 Nov. 26 5 A Nov. Nov. 7 254 Nov. 6 Nov. 1 7 54 Nov. *A Nov. 7 8 Nov. 1 1 58 3054 Nov. 26 154 Nov. 14 3 Nov. 44 Nov. 20 354 Nov. 2 %A -N ov. 6 154 Nov. 129 62 354 Nov. 9 2654 Nov. 18 Nov. 13 33 254 Nov. 29 Nov. 7 354 Nov. 2 Nov. 4 Nov. 1 4 454 22 154 Nov. 14 354 Nov. 4 Sale 2154 154 Sale 76 54 Sale 19 Nov. 13 Nov. 13 9 20 154 Nov. 1 76 54 Nov. 29 IX Sale Sale Sale 49 154 IX Sale* 154 Sale IX 19V2 22 23 5. 18 22 26 18 25 1 2854 28 54 2954 31 A" 10 x Sale 4)4 5)4 1 Sale* 87 954 1054 8 54 Sale 554 6 *3)I ""454 >4 1 13)X 25X 1 154 15 354 1 4 7 74 Sale 854 a S ale S ale 91 10 8 54 354 754 4 1 454 8X 1 lvi sit 6 87 2 6 8 Nov. 954 Nov. 26 854 Nov. 20 IX May 1954 Tune May 1 May 254 Feb. A Jan. 3 Aug. 54 Nov. 20 154 Nov. 1 1454 54 Aug. 154 May 21 21 1 Nov. 12 Nov. 8 Nov. 18 1 54 Nov. 4 4 54 Nov. 20 54 154 15 254 Nov. 14 Nov. 12 Nov. 18 Nov. 12 1 10 21 19 17 17 15 11 Jan. Jan. 11 3 54 Apr. 11 3 6 251 May 6 Sept. 18 2 Mar. 21 654 Mar. 25 Mar. 1 Mar. 25 24 13 23 54 Apr. 2 May 8054 Nov. 8 10 1 154 Feb. 27 Nov. 14 Nov. 4 Nov. 30 20 5554 April 10 Nov. 12 954 Nov. 12 754 Feb. Apr. 54 Feb. 71 Mar. 6 Mar. 28 Apr. 35 Apr. 25 Apr. 55 May 8 5 9 June 25 92 10 2 154 Feb. 27 54 May 29 38 32 8 8 15 13 H May 21 16 July 18 154 Nov. 3 Jan. Sept. 28 27 1 Nov. 14 Nov. 54 Nov. 14 % Nov. 8 21 10 23 23 2 X Nov. 52 854 Nov. 4 June 21 26 9 19 Apr. 954 Nov. 12 1 Aug. 19 48)4 May 28 Nov. 14 454 Nov. 14 54 154 15)4 254 2 154 Nov. 2154 Nov. 2854 Nov. A Nov. 47 5I 46 354 May 22 3 May 23 54 May 21 May 54 May 63 May 7 May 654 July 3 May May Apr. 354 June 54 July »A July 1254 May 154 Oct. 5 74 54 > 54 Nov. 20 154 Nov. 20 83 4 1 8 Nov. 30 54 Miy 3954 June 354 May 154 Nov. 8054 Nov. 92 76 554 Sale 54 Nov. 49 Feb. 7 1 1154 Nov. 30 71 154 1 52 X 24554 Nov. Nov. 6 Nov. 154 Nov. 14 454 Nov. 30 24 1154 554 Feb. 23 454 Jan. 239 May 54 Jan. 54 July 29 iv| June 10 354 Aug. 13 X- May 22 2J4 May 20 15 May 27 4 May 24 1454 May 21 1 6 1 Nov. 27 6 43 23 54 Nov. 27 "3054 2954 254 354 254 & L see page S ale 60 454 1 40,400 Valspar Carp common... $4 conv pref 5 3,525 Fan Norman Mach Tool com.5 17,850 Venezuelan Petroleum... 1 101,000 3,010 Virginia Pub Serv 7% pref. 100 7,000 Vogt Mfg Corp Vultee Aircraft ,Inc ...1 23.200 26,410 Waco Alrfraft Co 7,300 Wagner Baking com ▼ t c Sale 30 * Utah IdahojSugar Co.......5 Utah Pr & Lt $7 pref......... 754 54 * Universal Sale 6 7 354 Sale _ a51 854 Sale 4X Sale 61* Sal? 1 Sale S ale 57 44 UjSiGraphite Co common....5 3,100 Utility Equities common...10c <$5.50 priority stock 1 5,375 5 3,500 Utility & Ind Corp com Conv preferred 7 24,400 For footnotes 3 "x "~x United Stores Corp com...50c 15,300 United Wall Paper..........2 153,300 800 Universal Cooler class A.....* 1,100 101.900 2,850 8,600 8,650 57,200 15,950 2 .......10 Mach com...—25 86,010 Preferred 25 6,310 36,700 United Specialties common...1 169,200 2,650 21,100 17,015 144,000 70,300 24,150 42,200 37,900 1,200 554 23 18 22 23 12 15 21 17 28 5 25 28 19 154 Jan. *A Jan. 254 Apr. 24 11 3 154 Mar. 27 29 32 j II Apr. 4 Nov. 12 3 Jan. 4 92 Nov. 12 Mar. 30 954 Sept. 6 654 Apr. 6 10 75 554 154 154 1554 4 Apr. 4 Aug. 2 May 7 Apr. 29 Feb. 24 May 13 Jan. 22 new 50 exchange curb york AGGREGATE NEW YORK In Jan. 2 Jan. 1 Shares Shares " 100 2,800 3,400 500 300 1,500 450 300 200 24,600 Highest Lowest Sale Prices Sale Prices VA 2 5A 3m 5% 4% 1A Nov. 13 % Nov. 27 2 Nov. 8 7 4 Nov. 7 1 4 17 52 60 58 Nov. 7 67 Nov. 15m 16 Sale 12 16 18 m 15 14 15m Nov. 11m Nov. 7 1 17 Nov. 27 11m 10m 15 100 99 10m 10m 11M Nov. Apr 77 May 18 May 26 9M May 17 Sept. 21 Oct. 29- 1 17 A May 14 1 lft Vi Apr. 1 11A May 13 10 ASept. 13 10 ltier Co— 2 Va Coal & Coke com Weyenberg Shoe Mfg Co Wichita River Oil Corp 6% 6% 3% 10 C) & Co * Williams Oil-O-Matic Htg_._^ * 1 Williams (R 31 Sale Highest Sale Prices 2 Jan. 3- 1 May 18 3M May 21 3M Oct. 2 8 6M Nov. Nov. 4 67 $6 preferred W Wilson Jones Co com Willson Products Inc 360 Wisconsin P & L 7% pref—100 10 16,200 Wolverine Port Cement 2 29,400 Wolverine Tube Co com 1 7,600 Woodley Petroleum Corp Wool worth (F W) Ltd— Am dep rets ord shs 5s 10,200 * 202,400 Wright-Hargreaves Ltd 70 2,500 2,100 2 4 Ask Sale 5m 1% 6M Lowest Sale Prices Nov. 30 99 * 20 10 Common West TexasUtil 1,200 50,800 2,850 34,300 10,900 5,900 20,700 3,100 350 1% 5 1 Ask Bid Bid Maryland Ry— 900 Westmoreland Coal Co 225 Westmoreland Inc 25 30 1A 4% Ask 7 % 1st preferred 100 Western Tablet & Stationery— 1,580 350 , Bid ' Western 12,400 Nov. 1940 STOCKS (Concluded) Par 1.25 23,600 Went worth Mfg Co 1 142,900 Western Air Express Corp 710 Western Grocery com 20 80 1 Price CURB'EXCHANGE Since November 1,400, 15,500 RANGE SINCE JAN. PRICES IN NOVEMBER SALES 4% Sale 6% 6m 5 11% Sale 12m 6M Sale Sale 6% Sale 100 2% 2% 6% 6A 3m 6m 6A 4% 1m 99% 2% 6A 6A 3% 4m 1 1 1 1m 8 7A 8% 7% 8M 12 11m 11% 12m 11% 112 him 112% 114m Sale 5A 5 a Sale 5% 5m 6 5m 6% 6m 5m 4M 4m 4A 4m 4m 5% 4M 6M Sale 5m 5 Sale 5 Nov. 14 100 3 1 Nov. 6M Nov. 18 1 6M Nov. 4 Nov. 27 Nov. 92 7 Nov. 8 1% 3M 5M 3% Nov. 18 Nov. 1 1 Nov. 20 Nov. 28 Nov. 28 9 Nov. 2 Feb. Jan. 7A Sept. 23 Oct. 5} 8 15 Mar. 14 2ft Jan. 9% 12 h 114 A 5% 7A 5A 4M Sept. 5Vs Nov. 16 5% Nov. 7 514 Nov. 16 4% Nov. 1 8 Nov. 7A *8 12 A Nov. 22 Nov. 15 114M Nov. 30 6 5% Nov. 13 Nov. 6M Nov. 8 Nov. 27 4M Nov. 15 Nov. 15 Feb. 3 May July May May May 98 May 3M May May Nov. 12 Nov. 20 102 May May Mar. 23 Nov. 22 Nov. 30 Nov. 13 Jan. 4 Jan. 22 12% Feb. 28 3 June 27 6A Jan. 5 BONDS— 237,000 16,000 50,000 26,000 17,000 569,000 353,000 473,000 %s S f deb 3 Ms Sf deb 3 Ms 104,000 American Power & Light— Deb 6s 2016 5,154,000 456,000 Appalachian El Pow 4%s.l948 1st mtge 4s —l——1963 1,040,000 jalachian Power 6s 2024 142,000 j8 A registered 2024 1,000 1956 1,303,000 Arkansas Pr & Lt 5s 78,000 37", 000 183,000 9,000 7,000 10,000 4,000 435,000 207,000 114,000 18,000 104 104 m 111 106 % Sale 126 129 125 m 130 106 % Sale 16 • 104 1 105 % Nov. 6 105 m Nov. Nov. 12 107 A Nov. 13 108 Nov. 19 105a 106% 106% Nov. 14 107 .1950 registered. 1950 Assoc Tel & Tel 5 Ms A—1955 Atlanta Gas Light 4 Ms—. 1955 Atlantic City Elec 3Ms—1964 Avery (B F) Sons 5s w w—1947 5s ex-warr 1947 28% Sale 16 % Sale 106m 109 106% Sale 94 m 95m 91m 92% 116m 117m 115% Sale 116% 117 ♦Conv deb 5s — 1954 2,119,000 Cent States Pr & Lt 6M®—1953 iChic Rys 5s ctfis of dep.. 1927 1,649,000 186,000 bincinnati 141 97 m Sale 100 m Sale Sale Sale 99 M 78 m 99 % 38 m Sale 81 Sale Sale 38 Sale 74 M 46 m Sale Sale 94% Street Ry 5%s_1952 84 86 -—1955 88 93 77 79 6s series B 103.000 72 m 76m Sale 75 Sale 66 Sale 8 109 A Nov. 16 1 110M Nov. 8 8 90 M May 25 105A Jan. 6 Feb. 103 m May 13 108 106 A May 14 111H Jan. 16 Sale 105M Sale Sale 45 i!H 13m Sale 101 Nov. 6 103 Nov. 105m Nov. 4 106 50 44 m Nov. 30 12m Nov. 28 12 % Nov. 29 Nov. 1 Nov. 1 Sale 12m Nov. 30 16 Nov. 1 12M Nov. 30 12% Nov. 28 16 Nov. 2 Nov. 1 Sale Sale 61 107 Sale 107 M Sale 153 Sale 117M Sale 110m 111 110m 111 152 155 101 % Sale 103 A 104 101M Sale 103 m Sale 103 m 103 % 103M 105 76 H 74 77 m 89 m 94 m Nov. 29 106 Nov. 9 107M Nov. 2 al02MNov.23 100 Nov. 23 66 Nov. 1 106M Nov. 2 109 Nov. 19 rzl02%Nov.23 100 Nov. 23 115m Nov. 22 125 A Nov. 107 Nov. 107 A Nov. 1 111 9 Nov. 27 1 111M Nov. 27 Nov. 1 151% Nov. 12 155 June 5 103% July 81A Nov. 14 75M Nov. 14 June 100% Jan. June 83% Jan. 7 May May May 103% Aug. Nov. 7 Nov. 28 Nov. 2 44M Nov. 14 92 M Nov. 27 93m Nov. 1 95 Nov. 8 78 A June 85M Nov. 29 82 A Nov. 29 88 Nov. 8 70 85% Nov. 8 65% May 21 69% Mar. 15 66 Sale 85 83 A Sale 84 Sale 82 m Sale Sale Sale Sale 83 84 m 91m 91A 1943 1958 3* 92 1944 60 1955 96 106 812,000 6,943,000 Eastern Gas & Fuel 4s A.. 1956 4s A registered 1956 5,000 1965 781,000 Edison Eiec Ilium 3 Ms 87 Nov. 7 Nov. 28 Nov. 1 Nov. 28 Nov. 2 6 i& Nov. 13 82M Nov. 27 85 Nov. 8 85 Nov. 8 Sale 82 M Nov. 27 90 A Nov. 6 97 Sale 91A Nov. 83 m 94 m 94 4 95 m Sale 91 Sale 51 54 Sale 51m 100 % Sale Sale 53 Sale 106 m 106 106M 106 61% 77 % Sale 110m 80 m 110% 112m 108M Nov. 95 m 93 m 851A Sale Sale Sale Sale Sale 101m ® 9 8 31 30 88 Nov. 8 85% Nov. 8 75% July 27 85 Nov. 8 76% Aug. 13 Nov. 19 96 % Nov. 19 75% May 23 96% Nov. 19 87 m 107 m 87 2 74% May 81% Aug. 107% Nov. 70 May 110 May 102% Oct. 101% May Sale 107M Nov. 27 107 M Nov. 87 M 84 Nov. 16 124M Nov. 12 125M 102 M Nov. 22 103 104M Nov. 20 105 Sale 99 20m 45 109m 109 Sale 102 Sale 23 m 35 48 43 M Nov. 19 49 109m 108 M Nov. 15 109 101M 102 38 88M Nov. 26 Sale Sale 45 June 24 Nov. 105 108 45 85 103 49 m May 28 May 28 53 M Nov. 12 8 93 Sale 111 80 8 Nov. 104 Sale 40 7 Nov. 1 Nov. 20 Nov. 1 Nov. 7 Nov. 8 Nov. 25 101M Nov. 18 102 M Nov. 38 97 94 Aug. 23 May 8 61% May 8 Feb. 26 101% Nov. 19 96 M Nov. 13 93 A Nov. 1 75 Nov. 29 6 101M Nov. 19 Sale 43 m 104% June 10 111% Nov. 22 105 May 28 111% Apr. 29 4 106M Nov. 12 104m 109 94 90 111M Nov. 22 111M Nov. 26 97 28 Nov. 19 Oct. 81 May 21 101% Oct. 31 125% Sept. 9 135% May 11 124% May 21 129% Aug. 7 Nov. 102 a Jan. 10 25 85 Nov. 104M 105% 103 m 104 53« Jan. 31 66 Jan. 31 76 A May 23 106 El Paso Elec 5s A see page Jan. Nov. 18 8 41% Jan. 83 Apr. 5 50 Aug. 3 93% Mar. 23 95% Mar. 14 June Sale 124m 125 .1961 77 107 125 6s stamped. 41 64 A May 37 May Nov. 124 91,000 _ 53 100 119 915.000 Federal Water Serv 5 Ms..1954 Finland Residential Mtge For footnotes Sale Sale 108m 109 Elmira Wat Lt & RR 6s_. 1956 I960 10 104 91 Sale 1 29 Jan. June 109 m 110m 110% 111m 109 A Nov. Empire Dist Elec 5s 1962 Ercole Marelli Elec Mfg— 6Ms 1953 129,000 ..—1967 108,000 Erie Lighting 5s 24 Nov. 89 107% 107 M 109 m 110M 2030 9 Jan. 95 Nov. 1969 Elec Pow & Lt 5s Jan. 41 86 Aug. 21 Apr. 12 Apr. 8 Sept. 7 117 Sale 84 m 29 8 116 June 10 155 Jan. 29 139 Nov. 92 m 2 Oct. Feb. 130% May 10 80 Sale 4 Jan. June Sale 94 2 June Nov. 91 4 May 95 88 89 A 138 139 Nov. 30 41 13 28% 14M Oct. 53 May 108 & 104 M May 103 M May 14 110 3 105 95 M Jan. 92 M Jan. 15 100 102 30 30m Sale 30 91 3 3 16 A Apr. 34 A Jan. 10 10 Sale 43 8 Jan. 28 H Jan. 16 A Apr. 26 A Jan. May May May 16% Apr. 10% May 10 May 10 103 Sale 62 A Jan. 30 June 11 3 9 Mar. 29 Feb. 102m Nov. 23 103 M Nov. 20 103 99 M Nov. 27 101M Nov. 99 A Sale 8 101A Sale 128 Nov. 8 128M Nov. 9 128M 126m 129m 129M Nov. 15 129M Nov. 15 128 129m 128 6,297,000 302.000 246,000 546,000 102 % May 22 108 3 Jan. May 24 101% Nov. 25 92 m Sale 140 132 126 M 129 m 1971 10 129 9 127 90 Nov. 1957 2,637,000 Community Pow & Lt 5s.. 1951 21,000 Conn Ltg & Pow 7s A.—, 1954 Feb. 68% Mar. 13 .1969 1,320,000 6,482,000 Cities Service P & L 5 Ms. 1952 5%s gold deb .—.1949 2,961,000 5s 76,000 Oonsol Gas of Bait 4%s_. ialt— Consol G E L & P Bait— 3s series P 508,000 3Ms series N ..... 294,000 Consol Gas Utilities— 6s A stamped ... 1,941,000 7,262,000 Continental G & El 5s.... 156,000 Cuban Tobacco 5s 1,900,000 Cudahy Packing Co 3Ms.. June 6 101M Nov. 25 Nov. 18 1 104 101 81 79 71 75 m 102M 102 M 102 A Sale 34 30% 30 33m Sale 80 M Sale sim 42 61 121 38 m May 24 15 m Nov. 20 16 A Nov. 1 Sale 12 m 106% 106m 106 M 106 % 107 % 109 109M 109% 102M 103M 101m 104 99 A 101 100 100 % 119M Sale 15 Nov. 14 Aug. 13 106 107 A July 11 109% Nov. 16 108 m July 18 110% Nov. 8 104 Nov. 14 _ SMs 2,459,000 1 106 104M Feb. 27 107 A Jan. Nov. 18 103m 104 a 103 A Nov. 27 105 106% 106 % 106% Nov. 26 107 A NOV. 20 127 m 130 102 % 16m Sale 269,000 Delaware Elec Pow 5 M®--1959 2,000 Sale 16 16,000 34,000 16M Sale 522,000 Cities Service 5s.........1966 43,000 Conv deb 5s 1950 959,000 14,223,000 5s registered......... 1950 2,000 5s 1958 300",000 2,988,000 5s registered 1958 6,000 19,000 6.000 16M Sale Sale 86,000 49,000 37,000 160,000 30",000 16 49 m Sale 34 1953 1,375,000 Canada Nor Power 5s 623,000 Canadian Pacific Ry 6s—1942 546,000 Central Power 5s ser D—1957 1,338,000 Cent States Elec 5s_ ..—1948 570,000 17,000 67,000 32,000 106 26M Conv deb 5s 98 M May 29 104 A July 17 103 June 24 106 A Oct. 30 99 May 28 106% July 17 Feb. 28 105 May 15 109 102 A Nov. 25 103 M Nov. 8 Sale Nov. 12 Nov. 27 106 104 a 105 102M 105 m Sale 107 Vs 109 127 1949 ..1949 1977 58,000 12,000 163",000 174,000 558,000 5,000 245,000 101% Sale Sale 111m Sale Sale 463,000 Bethlehem Steel 6s—....1998 6s registered 1998 1,000 2,299,000 Birmingham Elec 4Mb—-1968 1959 1.539,000 Birmingham Gas 5s 182,000 Broad River Power 5s A—1954 12,000 25,000 Sale 107M 60% 2,658,000 2,000 874,000 187,000 258,000 72,000 55,000 49", 000 220,000 3,000 10,000 104 m 25M 28 M 1968 1968 Sale 105m 106 105 m Sale 107% 108 106% Sale 105 A 106 105m Nov. 105m Sale Nov. 108% 108m 109 a 109 a 108 111 A 112A 109Vs Nov. 109 M Sale 4%s--1948 - 102 % Baldwin Locomotive Works— ^Convertible 6s 1950 6,211,000 3,253,000 Bell Tel of Canada 5s B—1957 5s series C ..I960 1,046,000 110,666 150",000 105m 107% Sale 107 107m Sale Sale 250,000 t'Assoc Gas & Elec ♦5s deb 3,557,000 5s registered 7,000 ♦4%s series C 3,030,000 4Ms registered 11,000 ♦5Ms conv deb 350,000 43,000 177,000 863,000 395,000 Sale 105 104 4,278,000 Associated Elec 4%s_.—1953 102,000 284,000 250,000 131,000 108,000 6,000 10,000 102 m 104 1950 I960 1970 S f deb 2 155,000 105,000 • 1956 1968 1st 5s -1946 1st & ref 5s 1951 American Gas & Electric— 1st & ref 5s 157,000 54,000 20,000 11?,000 452,000 1967 1,931,000 Alabama Power 4%s 1st & ref 5s 150,000 Nov. 9 38 Nov. 23 / May 22 107 June 106% June Jan. 29 88% Nov. 26 81% Aug. 30 112 Jan. 4 87% Oct. 28 125% Oct. 18 5 106 Apr. 105% Jan. 25 49 Nov. 3 109% Jan. 10 May 22 102% Sept. 24 4 89 9 22% Jan. 3 57 Apr. 6 Dec., 1940] 51 exchange curb york new AQQREOATE new york 10,000 158,000 7,000 133,000 57~666 271,000 29,000 3,000 240,000 1,000 45,000 2,000 4,000 4,000 21,000 36,000 6,000 19"66o 3,000 26,000 41,000 65,000 140,000 154,000 13,000 99,000 120,000 51,000 89,000 30,000 52,000 413,000 138,000 22,000 2,000 65,000 26,000 144,000 28,000 4,000 4,000 Jan. 2 bonds Bid (Continued) 1,491,000 Florida Power Co 4a c 1966 3,801,000 Florida Power a Lt 5a.... 1954 1,000 5s registered —1954 Gary Electric 8c Gas— 5a ext stamped ...1944 Gatineau Power 3 %s a—1969 Gen Pub Serv Co 5a......1953 Gen Pub Utilities 6 hi a..1956 iGen Rayon Ltd 6a a—.1948 501,000 1,017,000 119,000 1,632,000 9,000 977,000 Gen Wat Wks a El 5a a..1943 Ask 98 % Sale 104 Sale Highest Lowest Highest Sale Prices Sale Prices Sale Prices 105% 106% 104 % Nov. 103 % Nov. Sale Sale Sale 105 104 % Lowest Ask A sk Bid Bid Sale Prices Nov. 30 Nov. 1 1940 Jan. 1 105 2 106 h Nov. 9 1 105 % Nov. 28 100% Sale 98% Sale 98% Sale 74 76 101 102 101% Nov. 22 101% 101h 102 77 Sale 76h Nov. 6i 79% 76% 77 H 100 h Nov. 15 101 100 M 101 100% 101 100 h Sale 101H 101% 100% Nov. 1|101% 72 65 65 100 % Sale 100 M Sale 100 Georgia Power ref 5s..... 1967 106 66 Georgia Pow 8c Lt 5a..... 1978 17 iGesfuerel 6a ......1953 71 Glen Alden Coal 4s 1965 75 % Gobel (Adolf) deb 4ha...1941 78% Grand Trunk West Ry 4s 1950 Great North Pow 5aatpd._1950 107% Green Mountain Pow 3 %s_1963 60% Grocery Store Prod 6s 1945 47 Guantanamo & w Ry 6s..1958 Guardian Investors Corp— 40 5s series a 1948 402,000 Sale 107 m 73 h Sale 106% Sale 106% Nov. 2,816,000 439,000 4,000 2,434,000 235,000 233,000 33,000 236,000 70,000 81,000 270,000 62,000 410,000 1,175,000 1,047,000 1,756,000 2,668,000 268,000 1,238,000 1,544,000 1,229,000 Idaho Power Co 3%s 1967 Illinois Pow & Light 5%b--1957 5 %s series b 1954 6s series a 1953 5s series o 1956 Indiana Hydro-Elec 5s a—1958 Indiana Service 5a 1950 1st lien & ref 5s 1963 Alndianapolis Gas 5a a-—-1952 15 14 111 Sale "62" 70 79 74 h 78% 112 110 113 106 % 57 60 56% 28 h Nov. 28 Nov. 78% Nov. 79 Nov. 26 70 Nov. 25 Nov. 22 57 110% Nov. 15 106 Nov. 79 107 h 105% Nov. 59 57 Nov. 106 57 Nov. 15 Nov. 13 25 29 29 h Nov. 30 33 h 26 28 h 26% Nov. 19 30% Nov. 50 26 h 30 Sale Sale 67 Sale Sale Sale Sale 64 27 - —„ 30 5 75 Sale 73 76 73 107 M 100% Sale 106 % Sale 107% Sale 105% Sale 100 % 101m 74 74 % 72% Sale 83 80 h 106 23 64 % 74 h 75 12 29% Nov. 14 23 June 14 28 Nov. 12 24 Apr. 4 8* 12 19 8 20 22 22 15 25 Apr. 25 Apr. ft 42% Jan. 5 74% 73% 72% Sale 20 Sale 22 22 64 oq Sale 36% 105% 106h 105% 106h 107 106% 105 Sale 25 38h Sale 34 45 47 Kansas Electric Pow 3%s-1966 105% 106 h 125,000 Kansas Gaa & Electric 6s_.2022 125m 127 104 111 45% Feb. 7 22 1 Nov. 27 75 Nov. 64 July 5 81 75 Nov. 15 66 June 22 79 73% 8 11 26 93 June 101% Nov. 9 57 May May Nov. 56 60 18% 24% 25% 22% 21% Sale 61% Sale 35% Sale 105% 106% 105 108% 106% 26 28% 36 34% Nov. 17% Oct. Nov. Nov. Nov. 21 July Jan. 2 193 513 Oct. Jan. 4 Apr. 15 106% June Mar. 11 Jan. S Nov. Apr. 25 46 44 110 106 105% June 87 May 98% May Nov. 19 107% Nov. Nov. 4 7 Nov. 19 22 Nov. 16 27% Nov, 18 23% 65 6 Nov. Nov. 26 39% 1 105% Nov. Nov. 8 105 Nov. Nov. Nov. June Nov. 12 Nov. 29 103 Nov. 103 Jan. June Nov. 29 107 %Nov. 15 30 39 Nov. Nov. 26 Nov. 27 Nov. 46 Nov. 14 39 Nov. 12 106 Nov. 12 128% 130 125% Nov. 8 12 Jan. Mar. 29% Oct. 9 128% Nov. 28 16 Jan. May 23 46% Sept. 26 125% 130 14 74% Sept. 7 73% Nov. 27 99% Oct. 28 May May May Nov. 20 8 107 101 1 106% Nov. 101% 74% 70% Nov. 6 73% 77% Nov. 16 83% 73 15 May 96% May 8 107% Nov. 2 101% Nov. 7 106% Nov. 107 10 8 Apr. Apr. 109% Feb. 101% May Apr. 107% Apr. 106% Nov. Nov. 99% Nov. 106% Nov. 107 1942 106 Oct. May 14 111% Apr. 19 Nov. 15 Sale 24 % Sale 106 b 73 Sale 105% Nov. 100% 101% 100% Nov. 74 4 110% Nov. 26 74 106 Sale 40% 42,000 Feb. Jan. .30 107% 110 101% Sale 106% Sale 107% Sale 105% Sale 30 Apr. 10 Aug. 24 24 107% Nov. Mar. 27 75 25 28% Nov. 11 79% Nov. Jan. 31 91 Apr. Nov. 79 Aug. 17 May 21 110% Nov. Nov. May 21 106 June 15^1 26% 110% 111% 110% Nov. 74 20 m 27 6 4 26 110% 111 5 70 Nov. 25 30 41% 43% IntPow Sec 6 %s aeries o..1955 Sale 49 ♦ 7s series e --1957 46 % *78 series f 1952 44 65 % Sale Interstate Power 5s 1957 Sale Debenture 6s... 1952 Iowa-Nebraska lap 5s.-195/ 105h Sale 58 series b 1961 105% 106% Iowa Pow & Lt 4ha a-...1958 108% 110 48 45% Isarco Hydro-Electric 7s_-1952 41 1,416,000,Italian Superpower 6s 1963 38 5s atpd--1942 69 32 74 h Nov. Nov Jan. 103% May 59 May 18 Sept. 65% June 70 8 4 103 Jan. 97% May 24 102 56 June 3 87% 94 June 26 102 83 May 21 101% 67% Sept. 18 75 89 May 22 101 Sale 29 466,000 462,000 610,000 3,625,000 1,299,000 355,000 105,000 248,000 379,000 531,000 Jacksonville Gas 6.0001 6s stamped reg Nov. 110 106 107% Nov. 12 73% Nov. 30% 71% Sale 45 % 80 73 108 Nov. 13 100 h Nov. 22 50 104% 105 70 62 27% 78% 60H 90 8 Nov. 12 43 108% Sale 97 98% 105 % 103 99 % 68 Sale 105 Sale 81 110% 50 66% 65% Sale 78 % 70 26 Sale Nov. Nov. Nov. 72 Sale AHamburgElecCo7s 1935 AHamburg e & Und Ry 5%s'38 Houston Lt & Pr 3 ha 1966 AHungarian-Ital Bk 7 ha.-1963 Hygrade Food 6s ser a 1949 6s series b 1949 98% Jan. 2 106% Nov. 9 May 27 105% Nov. 28 100 103 96% 7.000 206,000 1 Price curb exchange Since r 63,000 295,000 RANGE SINCE JAN. PRICES IN NOVEMBER SALES In November 1 53% Mar. 11 47% Oct. 10 102 % May 22 107% Mar. 20 117 May 21 128% Nov. 28 Lake Superior 17,000 45~666 48,000 10,000 7,000 12,000 7,000 31,000 Dist Power— 3%% series a 1966 105% 106h 159,000 15 40 8,000 ^Leonard Tietz Inc 7%s—1946 1945 103% 104h 425,000 Long Island Ltg 6s 1957 107 h Sale 864,000 Louisiana Pow & Lt 5s iMansfleld Mining a Smelt— 7 s ex-warrants 1941 2,000 McCord Rad a Mfg 6s 1948 74,000 Memphis Comm'l Appeal— Debenture 4%s 1952 66,000 1947 205,000 Mengel Co 4%s 204,000 Met Edison 4s series e 41,000 1971 4a series g 1965 281,000 169,000 Middle Sta Petrol 6 ha a—1945 1943 346,000 Midland Valley rr 5a 50,000 66,000 868,000 Milwaukee g l 4 ha 901,000 Minn Pow a Lt 4ha 22.000 13.000 14,000 121,000 49,000 107,000 387,000 874,000 1,249,000 277,000 860,000 17 66 98 86% 107 h 108 100% 67 h -.1967 100 h 1978 102 h 1st a ref 5s 1955 106 Mississippi Power 5s 1955 103 Miss Power & Light 5a 1957 103 % Miss River Power 5a --1951 110 Missouri Pub Serv 5a a—1960 96 35 30 26,000 33,000 56,000 "1,660 69 71 "1,066 11,000 101 Sale 15,000 15.000 42,000 113.000 21,000 105 28,000 66,000 73,000 81.000 4,000 93 Nov. 1 101% Nov. 28 95 Nov. Nov. 7 Nov. 14 Nov. 30 109 105% Nov. Sale 103 103 Sale 124 108 101% 101%'l01 112% 113% 113 108 107% Sale 28 25% 26% 126 130 127% 110% 110% Sale 107 h 108 Sale Sale Sale Sale Sale Sale Sale 107h 26 Sale 109% 106 105% 103% Sale 104 Sale 104 103% 108% 109%,109% 109% 08% 96 93 94% Sale 94 109 81% Sale 65 102% 104 104% Sale 48 Sale 4 Nov. 105% Nov. 30 4,104% Nov. 26 Nov. 4 107 Nov. 18 Nov. 4; 104% Nov. 20 Nov. 4104% Nov. 7 Nov. 13 109% Nov. 2 Nov. 13 95 Nov. 15 101% Nov. 4 102% Nov. 14 112% Nov. 6 113% Nov. 25 Nov. 12 110 107% Nov. 22 108 28 26 Nov. 27 26% Nov. 25 129% 127% Nov. 26 127% Nov. 26 113 1 111 Nov. 13 110% Nov. 4 108 Nov. 108 4 Nov. 108% 108 6 81 Nov. 86% Sale 87% Nov. 13 121 121% 121% Sale 66 65 67% 66% Sale 66 Sale Sale 65% 65 67 Sale 66% 67% 95% 96% 95% 97% Sale 98 99 Sale 98% Sale 109% 109% 109% 109% 111 121 % Nov. 30 104% May 22 109% Nov. Oct. 30 Oct. 10 33 Jan. 103% May 23 106 Jan. 103% May 21 108 19 Aug. 1 58% June 17 May 22 101% Apr. Aug. May 29 96 9 109% Jan. 106 June 18 111 May 91 % June 10 101% Nov. Jan. 51% June 11 70 20 10 10 10 29 98 95 May June May 115 May May May May 68% Nov. 51 68 52 102 111 68 98 99% Nov. 109% Nov. Nov. 2 8 101% Nov. 27 101% Nov. 27 105 Nov. 4 104% Nov. 106% 104 8 Nov. 4 103 Nov. 28 102% 103 h 102 104 h 105 h 104% Nov. 1 105% Nov. 28 100% 103 106% 111% 109% Nov. 27 109% Nov. 27 115% 106% ... 1153 1063 Nov. 25 1153 Nov. 1 106J Nov. 25 Nov. 20 51 Sale 47% Sale 104»»» Sale 111% 108% 108% 109% 103% Sale Sale 110 104 111% 108% 108% 109 110 107% 103% 104% 103% Sale Nov. Nov. Nov. Nov. Nov. 6 1 1 6 7 113 Nov. 27 110% Nov. 22 109% Nov. 26 108 Nov. 12 103% Nov. 18 103% July 100% May 97 May 81 Jan. 102% Mar. 104 Jan. 104% May 109 Oct. 111% June 102 May 40 45 43 Nov. 2 44% Nov. 28 94 103% 102% Nov. 4 103% Nov. 18 Nov. 1 103% 104% 103% Nov. 4 104 35 47% 48 46% Nov. 7 48% Nov. 2 104% 104% Nov. 29 1041®u Nov. 1 101 109 Jan. Jan. Jan. Jan. 25 24 23 28 Jan. 88% May 22 Jan. May 31 105 May 28 110 " Mar. 104 112% 116 109% 110 Spet.27 93 42 42% 46 102% 102% 103 104 Nov. 12 128% May 4 111% May 14 110 Mar. 29 87% Nov. 13 May 108 % Jan. 62 _ 108 28 June 120 102 104% Nov. 20 107 May 9 104% Mar. 15 105% Oct. 14 110% Feb. 20 98 Jan. 4 102% Nov. 14 113% Oct. 17 May 101 20 107] 1031 1031 104] 100] 4 5 105% Nov. 30 June 109 Nov. Nov. June 98% May 22 102% May 24 96 May 22 97 May 23 108% Apr. 11 86 June 8 Nov. Nov. Oct. 1 71% Apr. 23 99 Nov. Nov. 11 81 67 4 Nov. 14 Nov. 14 Nov. 14 13 31 16 23 104% July 121 107 ... 1945 110% 113 Ogden Gaa Co 5a 329,000 Ohio Power 3%s 1968 108% Sale 947,000 Ohio Public Service 4a 1962 109 Sale 1,269.000 OHa Nat Gas 3%s b—...1955 107% Sale 415,000 Oula Pow a Water 5s a—.1948 103 103% 183,000 For footnotes see page 53. 101 108 Sale 115% 106% Sale 46 Sale 105% 105% 103% Sale ,104 106% Sale 107 103% 104% 104 112% 104% 105 1 Sale Sale 102 h 102 h 55 Nov. 26 Nov. 108% 109% 108% 111 108% Nov. 18 109% Nov. 101% 101% 98% Nov. 1 101 % Nov. 29 98% Sale 57 Sale 57 Nov. 27 61% Nov. 12 60% Sale 4Hs registered—...--1980 1.000 3 %s___ 1964 289,000 3%a registered -.1964 4,000 ny a Westchester Ltg 6s-'54 58,000 4s 2004 166,000 Nor Amer lap 5hs a. —1956 633,000 North Boston Ltg Prop 3h® 47 464,000 Nor Cont Util 5Ha a 1948 450,000 Nor'west Pub Serv 5s a...1957 459,000 70 68 110% Sale Sale 101% 104 95 Sale 93% 106 h 109 h 108 103% 104% 105 101 102% 104% Sale 1953 Nov. 12 Nov. 27 a94 Sale Sale 79h 81 105 Sale 251,000 Nippon Elec Pow 6 ha 4 105 8 108 100h 90h 109 h 5a stamped 1942 A6s aeries a -.1949 548,000 aN y Pa & o rr 4 %sstpd 1950 411,000 n y State e a g 4%s 1980 872.000 6 109% Nov. 13 103% Nov. 106% Nov. 35 Sale New Orleans Pnblic Serv— 19l"666 107% 108 68 New Amsterdam Gaa 5a—1948 121 Sale 93,000 New Eng g a Elec Aasn 5s 1947 68 % Sale 2,224,000 5a. 1948 67 ji Sale 546,000 Convdeb 5s 1950 68 Sale 1.888.000 New Engl Pow Aasn 5a....1948 98 M Sale 2,530.000 Deb 5h» 1954 100 h Sale 2,583,000 New Eng Pow Co 3 Me a--1961 107 h 108 h 96,000 "l'ood 106% Sale 107% Nov. 35 27 17,000 152,000 42,000 152,000 194,000 248,000 3,000 U 105 25 1,000 25,000 1,000 582,000 19.000 110 104 105 70 Nassau a Suffolk Ltg 5a—1945 99 M 711,000 2026 111h 716,000 Nat Pow a Lt 6a a Deb 5s series b 2030 107 815.000 iNat Pub Serv 5s o o d.1978 24 m 114,000 ebraska Power 6s 2022 121 84,000 4 ha 1981 108h 306,000 Neisner Bros Realty 6a—1948 105 h 116,000 Nevada Calif Elec 5a 1956 79 M 2,176,000 68.000 12.000 57.000 107% 108% 109 31 33 h 35 104 5 9 9 9 9 8 8 1 104% Nov. 8 Nov. 28 105% Jan. 10 104 Jan. 4 110 Oct. 18 Oct. 109 8 115% Oct. 28 106% Nov. 20 103 Oct. 9 65 Mar. 12 May 22 103% Nov. 18 Nov. 4 106 Jan. 12 June 4 Jan. May 27 106 10 Feb. 20 May 23 113 May 24 110% May 28 109% May 28 109 May 29 105 Nov. Nov. Mar. Apr. Feb. 49 27 22 15 10 13 new 53 aggregate NEW YORK CURB EXCHANGE Since November 1.000 254,000 3,502,000 Pacific Power & Light 5s_-1955 64,000 Park Lexington Bldg 3s -1964 -. Penn Cent Lt & Pow 5s 424S-1977 1979 17,000 172,000 22,000 49,000 24,000 23,000 21,000 426,000 Penn Electric 4s series F--1971 5s series H 1962 600,000 1950 309,000 Penn-Ohio Edison 6s 7,000 S 144,000 79,000 32,000 11,000 16,000 4,000 30,000 5.000 16,000 59,000 - 1959 524s series B 471,000 161,000 Penn Pub Serv 6s O 5s series D__ 60,000 1947 1954 1,609 ,000 Peoples Gas Lt & Coke 4sB_'81 4s series D 1961 1,843 ,000 1972 877 ,000 Phila Elec Power 524s 1962 488 ,000 Phila Rapid Transit 6s Piedmont Hydro-Electric Co— 41 ,000 Pittsburgh Coal Ask 1095* Sale 110 112 93 54 Sale 4324 Sale 10254 Sale 1032* 10424 104 24 6s 1948 294 ,000 Pittsburgh Steel 6s 26 ,000 iPomerania Elec Co 6s_—1953 9524 Sale 9724 98 11324 1142* 9424 952* , 1,311 ,000 ♦Portland Gas & Coke 5s. 1940 5s stamped 1950 234 000 91,000 356, 000 Potomac Edison 5s ser E--1956 424s series P 1961 103 000 56, 000 Potrero Sugar 7s stamped .1947 413 000 Power Corp of Can 424s B-1959 1954 22, 000 APrussian Electric 6s Public Service of Colorado— S f deb 4s 1949 223 000 44,000 522, 000 6% perpetual certificates— .1966 Sale 30 832* Sale 1st mtge 3 24s 1964 Public Service Co of N J— 525, 000 100 12 2* /14,000 10.000 2,000 92.000 11,000 52,000 11,000 392,000 101,000 .334,000 23,000 4,000 47,000 6,000 160. 000 Pub Serv of Okla 4s 4,915, 000 Puget Sound P & L 524s—1949 5s series C 1950 1,473, 000 424s series D 1950 3,337, 000 312,000 Queens Boro G & E 524S--1952 ARuhr Gas Co 1953 ---1958 10824 Sale 110 111 492* 512* Sale 30 88 14 Bid Ask Bid Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 6 1052* Nov. 29 1052* Nov. 10624 Nov. 13 10654 Nov. 13 97 2* Nov. 95 Nov. 28 8 10524 10624 10524 Sale 1072* 108 1072* 108 9624 Sale 9524 Sale 39 24 392* 4024 37 105 Sale 1042* Sale 105 Sale 10524 106 105 Nov. 1052* 1072* 1072* 10724 107 2* 10624 Nov. Nov. Nov. Nov. 1042* Nov. Sale 109 10924 10724 108 24 10724 108 1062* 10724 106 Sale 107 2* 108 10824 107 2* 10724 1072* Sale Sale 10924 108 108 Sale 10124 Sale 102 24 Sale 103 24 10024 102 24 10324 Sale 113 11324 112 24 102 24 102 24 Sale 113 1042* 103 Sale Sale 1 10524 Nov. 27 1 1062* Nov. 15 Nov. 1 1082* Nov. 13 10824 Nov. 9 108 Nov. 18 Nov. 19 Nov'. 28 108 Nov. 30 Nov. 4 108 106 10324 Nov. 104 Nov. Nov. 13 114 Nov. 30 10424 272* Nov. 18 3124 30 35 23 30 107 107 24 1052* Nov. 7 107 1052* 107 102 2* Nov. 23 10324 103 24 104 103 Sale 26 262* Nov. 12 27 2524 92 Nov. 7 9324 92 24 932* 9324 9324 Nov. 15 852* 832* 842* 83 8424 852* 112 1082* Nov. 1 109 10824 11024 10824 Nov. 29 110 50 50 Nov. 1 46 54 70 Nov. 6 722* 70^ 12 26 3024 2624 Nov. 13 2624 1082* Sale 1092* 1U 50 Sale 7024 71 27 109 28 Nov. 25 Nov. 25 Nov. 8 Nov. 1 Nov. 15124 155 107 10824 982* Sale 98 Sale 9224 Sale 161 106 1012* 10124 1002* Sale 10724 Sale Sale Sale 156 159 Sale 106 1072* 107 101 10124 Sale 10024 10024 992* 982* 99 99 2* 962* Sale 9124 Sale 90" 17 14 27 2524 Harbor Water Pr 424s 1979 10924 110 137 47,000 San Joaquin L & P 6s B—1952 133 1072* 13624 28 Nov. 6 Oct. 21 3 Feb. Apr. 23 Oct. 17 9 Jan. Feb. 16 91 May 29 10324 95 June 3 104 11024 Mar. 20 115 92 May 22 105 Nov. 25 Nov. 25 4824 June 13 May 29 107 May 18 1045* 27 June 17 99 Nov. 22 Nov. 16 Nov. 1 106] 107! 45 Aug. 14 Nov. 8 Nov. 13 61 June 3 14 Jan. 13 6 13 7824 May 22 75 June 3 June June Mar. 8 Nov. 27 Oct. 29 Nov. 18 Mar. Apr. 1 16 17 10924 May 10 Oct. 25 5 111 5324 Apr. 29 912* Jan. 10 2624 Nov. 13 1 Jan. 12 Oct. 2 Oct. 23 Nov. 1 Nov. 5 6 99 Jan. July 6 1324 Sept. 13 29 Nov. 28 Jan. 17 18 Nov. 25 7 94 May 28 161 1042* May 28 108 86 May 21 103 83 May 21 10124 81 May 24 10024 80 8 1 Oct. 90 128 1 Nov. Feb. 1042* July 24 10754 Sept. 24 10524 July 25 10924 Nov. 9 Nov. 28 26 10724 10824 10724 Nov. 14 109] 137 Nov. 1 137) 137 Sale 10624 1085* 10924 10824 1082* 10824 May 21 10454 May 23 10424 May 28 101 5* June 5 106 May 24 105 May 24 100 24 9124 Nov. 29 Jan. 11 Jan. 2 Nov. 27 Mar. 23 103 Nov. 6 22 Jan. 9724 4324 10524 10724 6 Nov. 1 Nov. 13 11024 Jan. 112 Nov. 7 Nov. 18 Nov. 8 Nov. 6 Nov. 20 10124 Nov. 6 Nov. 19 10024 Noat.* J 8924 Nov. 26 Sale 27 699.000 Safe Nov. 13 161 Nov. 13 107 Nov. 16 102 1052* Nov. 29 10654 Nov. 13 86 June 10 39 Sept. 24 962* June 11 101 June 6 Nov. 27 106 10624 10524 Nov. 12 10624 Nov. 22 10624 107 1082* Nov. 2 10924 Nov. 9 10824 10824 1092* Shle 35 35 624s 39,000 7,000 ARuhr Housing 624s A Lowest Ask 106 Sale 10724 1072* 1092* Sale 106 109 10724 Sale 10624 1072* 1960 432* 46 1949 1042* 10424 624 s series A 1,055 ,000 Bid Nov. 30 Nov. 1 1940 BONDS (Concluded) $ 429.000 Pacific Gas <Sc Elec 6s B—1941 57.000 Pacific Ltg & Pow 5s 1942 112" 600 2,402,000 1 Price Jan. 2 Jan. 1 27,000 range since jan. PRICES IN NOVEMBER sales In exchange curb york June 15 1055* June 28 10924 Jan. 3 127 June 11 13724 Nov. 25 ASaxon Public Works— 1,000 34,000 86,000 80,000 81,000 30,000 61.000 158,000 35 1937 11 6s—1951 213 * 23 Scrlpps(E W) Co 524s—--1943 1033 * Sale 22,000 6s 138,000 ASchulte Real Estate 345,000 669,000 Scullin 1,223,000 884,000 Steel Co 3s 1951 Shawinigan W & P4Hs—1967 424s series D 1970 249,000 Sheridan Wyo Coal 6s 750.000 Sou Carolina Power 5s 2,584,000 Southeast P & l 6s 1947 1957 2025 64 95 J 65 S| Sale 9524 Sale 91 9524 Sale Sale 9924 11224 2624 2624 3624 39 37 43 39 10124 1012* 10124 101 75 Sale 7424 7524 Sale 82 82 Sale 8524 86 82 Sale 8524 8624 82 . y 101 39 Nov. 22 Nov. 22 Nov. 13 10124 Nov. 2 Nov. 12 Nov. 6 81 Nov. y 91 94 90 Sale 10224 102 2* 102 24 103 11124 Sale 11224 Sale 90 Nov. Nov. 102 24 Nov. 1102* Nov. 1 1 Nov. 26 872* Nov. 26 87 12 Mar. 1 2624 23 Jan. 24 39 10024 June 11 104 57 May 15 81 64 June 3 9824 64 May 31 975* Nov. 12 1 91 4 10324 Nov. 4 87 Nov. 15 102 7 113 May 24 962* June Oct. Nov. Jan. Nov. Jan. Jan. 9524 Jan. 3 10324 Nov. 15 22 30 12 19 22 3 4 May 22 11324 Sept. 13 Southern Counties Gas 38,000 20,000 16.000 u"656 171,000 145,000 201,000 173,000 122,000 156" 000 1,000 14,000 27,000 10.000 37.000 28,000 118.000 42,000 5,000 112,000 108,000 16,000 30,000 63,000 9,000 3,000 72,000 155,000 24,000 477,000 56,000 49,000 4,000 108,000 119,000 29,000 96,000 127,000 3.000 11,000 39,000 "4" 556 1.000 of California 424s 1968 479,000 552,000 Southern Indiana Ry4s—1951 Southwestern P & L 6s 2022 538,000 141,000 S'western Pub Serv 6s A-.1945 357,000 Spalding (AG) & Bros 5s—1989 Standard Gas & Electric— 3,764,000 2,832,000 4,401,000 4,138,000 3,608,000 6s stamped 6s con v stamped 6s series A 6s gold debs 1951 1957 1966 —1966 6s series B— a6s B registered 2,000 1957 4,148,000 ""and Power & Lt 6s 6s registered --.—1957 1,000 AStarrett Corp 5s 1950 662,000 Stinnes (Hugo) Corp— 7s 2d stamped 4s 230,000 Certifs of deposit 24,000 78 2d stamped 4s 223,000 1940 1940 1946 Terni Hydro-Electric Co— A6 24 s series A 1953 806,000 Texas Elec Service 5s 1960 1,655,000 1956 801,000 Texas Power & Lt 5s 6s 2022 65,000 Tide Water Power 5s A—1979 1,048,000 Twin City Rap Tr 524s A.1952 1,812,000 6724 Sale United Lt & Pow 624s Deb 6s 1974 1975 524s 1959 296,000 United Lt & Rys(Del) 5Ms 1952 4,699,000 United Lt & Rys (Me) 6s A1952 487,000 Deb 6s series A 1973 436,000 Utah Power & Light 424«-1944 374,000 68 series A 2022 558,000 1,171,000 Virginia Pub Ser 524« A—-1946 6s 1946 440,000 6s series B 1950 693,000 Sale 7324 7324 6624 Sale 73 515,000 10,000 222,000 465,000 tAYork Rys Co 5s ♦5s stamped For footnotes see page 53 Sale 7324 74 Sale 71 Sale Sale Sale Sale Sale 71 Sale 712* 712* 7024 712* 19~" Sale" 22 Sale 18* 28 42 Sale 46 32 242* "25" 442* Sale 1042* Sale 10724 Sale 115 Sale 10224 1022* 6224 Sale 85 9 Sale 30 30 87 8324 Sale 107 93 118 80 Sale 99 Sale 99 Sale Sale Sale 8024 1022* Sale 100 Sale 10024 Sale Sale 109 4124 3224 28 29 28 29 7024 Nov. 27 70 2* Nov. 70 2* Nov. 70 2* Nov. 70 2* Nov. 70 2* Nov. 29 97 Sale 97 98 43 34 44 3024 "2I" Sale 46 32 745* 745* 7424 7424 745* Nov. 12 Nov. 13 Nov. 13 Nov. 13 Nov. 12 745* Nov. 12 Nov. 12 10324 Nov. 13 10554 Mar. 28 53 Mar. 12 37 May 24 6 90 May 21 1052* Jan. 5 105 May 22 10854 Feb. 60 Apr. 6 40 May 21 49 Jan. 4924 Jan. 48 Jan. 48 Jan. 19 745* Nov. 12 19 745* 7424 7424 745* 19 19 48 Jan. 19 72 Oct. 24 49 Jan. 19 74 Nov. 12 1454 May 21 Nov. 12 182* Nov. 27 74 22 24 Nov. Nov. 46 Nov. 30 27 June 41 6 Nov. 13 Nov. 13 Nov. 26 452* Nov. 29 Nov. 14 41 31 34 18 June 10 41 26 Nov. 19 2724 Sale 2954 Sale 10624 1072* 1055* Nov. 1 107 Sale 107 24 Sale 1065* Nov. 8 10724 Sale 117 Nov. 6 11824 117 11824 118 24 Sale 97 24 Sale 962* Nov. 7 99H 98 Sale 60 Nov. 29 60 Sale 6254 622* Sale 292* Nov. 1 1 13 212* June 12 72 Nov. Nov. Nov. Nov. 13 13 13 12 Oct. 24 745* Nov. 12 74 Nov. 12 2424 Feb. 5 47 46 Sept. 13 Sept. 11 3824 Oct. 4 46 Jan. 3 106 Nov. 22 101 5* May 23 107 Nov. 22 10724 Nov. 27 Nov. 27 Nov. 15 Nov. 1 10424 May 14 108 54 109 June 5 1202* 8824 May 24 10324 56 May 22 69 Jan. 19 Oct. 22 Jan. 5 Apr. 16 7 Sale 11724 Sale Sale 20 26 8 118 Nov. 26 Nov. 34 Nov. 7 724 2424 33 33 33 Nov. 29 33 "35"" 34 Nov. 942* Sale 892* Sale 90 91 Sale 8924 N<bv. 85 85 342* 945* 892* 107)* 965* Nov. Nov. Sale 107 2* 1082* 106 93 932* Sale 118 Sale 11824 11824 1175* Nov. 88 Sale 106 9624 Sale 84 2* 86 Nov. 57 1092* 109 5824 10624 108 11424 Sale 108 Nov. 111 109 ,Nov. Nov. 7424 May 22 Nov. 20 1 4 1 Nov. 12 107 10724 Sale 982* 99 9924 100 1 Feb. 7 Apr. 27 5 10124 Nov. 19 May 29 10224 Nov. 25 5 992* May 21 10454 Oct. 94 May 31 103 Nov,. 1 Sept. 21 95 May 21 104 Nov. 1 4 624 Nov. 7 4 Nov. 30 107 May 21 1054 Jan. May 16 10924 Apr. 3 26 9 10924 Nov. 12 1072* Aug. 26 10924 Nov. 12 43 June 7 605* Feb. 23 1042* May 31 10824 Oct. 22 May 13 1072* June 10 117 Jan. Nov. 6 105 10224 May 28 1075* Oct. 102 Nov. 9 100 Nov. 15 90 9924 Nov. 2 101 Nov. 22 94 99 Nov. 9524 July 85 Nov. 562* 582* 5624 Nov. 27 582* Nov. 29 10624 108 1152* Nov. 8 1165* Nov. 27 11624 102 Nov. 6 102 Nov. 6 101 105 107 Nov. 1 10724 Nov. 18 1072* 108 9924 100 1002* 1002* 5 6 4 945* Nov. 9 Apr. 26 Apr. 8 May 21 892* 5 110 10424 July 78 May 21 965* 1 119 June 110 722* May 28 89 73 Nov. —. 102 1224 Mar. 11 4 12 11824 May 16 455* Jan. Nov. May 23 34 June 10 342* Nov. June 16 Nov. 7 109 July 30 Nov. 101" ' Nov. 19 Nov. 25 102 424 Nov. 22 Sale ns* Oct. Nov. 102 Sale 10124 Nov. 1 103 1012* 102 24 1015* Nov. 22 103 102 2* Sale 10254 Nov. 25 103 4 24 624 724 109 10724 110 Nov. 26 885* Nov. 119 8424 Nov. 10124 Nov. 10024 10124 10124 Sale Nov. 102 2* 10324 100 10024 101 10224 Sale 102 24 Sale 102 2* 105 Nov. 28 Nov. 1165* Nov. 118 108 Sale 107 1960 11524 119 1941 1042* Sale .1966 10524 Sale 1937 —1947 74 8 47 Nov. 27 5024 Nov. 1 48 Nov. 25 102 2* 10124 Nov. 13 103 108 Nov. 1 47 Nov. 20 49 Sale 1042* 10324 Nov. 13 10424 Nov. 74 Waldorf Astoria Corp— a5s income;deb 1954 1024 1,067,000 Wash Ry & Elec 4s 1951 1072* 72,000 Washington Water Power— 1st mtge 324t 1964 100,000 Western Newspaper Union— Oonv deb 6s 1944 5224 539,000 2030 1062* 221.000 West Penn Elec 5s West Penn Traction 5s 106,000 49.000 Wheeling Elec Co 5s Wisconsin P «fc L 4s A 7324 Sale 7324 Sale Sale Sale Sale is* 779,000 1,952,000 1032* 1042* 1032* 45 50 Sale 101 102 10124 106 108 10524 47 49 Sale 6724 6724 6624 6724 ^♦tJlen & Company— 6s 4th stamped 1950 568,000 United Elec of N J 4s 1949 11724 192,000 United Elec Service 7s——1956 563.000 A United Indus 624s 1941 43,000 a 1st 6s 1945 16 60,000 29.000 97,000 1948 1948 10524 10524 51 d\ 52 103 1042* 10724 Sale 492* 50 19 100 June 6 101 June 23 31 Nov. 15 Nov. 22 53 NEW YORK CURB EXCHANGE DEC., 1940] AQQREQATE NEW YORK Since Jan. 1 November RANGE SINCE JAN. PRICES IN NOVEMBER SALES In 1 Price EXCHANGE CURB Jan. 2 Nov. 1 1940 Bid Ask Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Nov. 30 Ask Ask Bid FOREIGN GOVERNMENT MUNICIPAL AND 2,000 2,000 Agricul Mtge Bk Rep of Ool— 30,000 i20-year 7s Apr 1946 31,000 420-year 7s Jan 15 1947 5,000 50,000 26; 26] 20 28 21 25 22 Nov. 29 22 Nov. 29 20 24 21 24 22 Nov. 20 22 Nov. 20 30 2534 2634 Nov. 15 12 73,000 16 834 0% iCent Bk of German State & Prov Banks 6s B 1951 38,000 12H 46s A 1952 37,000 72,000 Danish Cons Munic 5>4s--1955 5s 1953 31,000 2534 25)4 29 2834 "2",005 51H 42)4 35 35 70 50 1,000 43,000 12,000 4Danzig P & Wat'way Bond ^external s f 6 Ms 1952 14,000 253,000 iGerman Cons Munic 7s—1947 46s 1947 171,000 4,000 3,000 3,000 8,000 6,000 5,000 2,000 ~6~,555 No Sold a 12 2634 Nov. 29 2634 Nov. 2 2634 Nov. 25 26 54 Nov. 26 Sale 26 27 2634 Nov. 12 2734 2634 634 1134 6K 14 10% 634 1134 8)4 28 21 20 28 21 11)4 15 1134 22 40 23 40 1434 634 34 16 634 1534 734 34 17 734 34 11)4 9 H 11* ^ 34 7 13; 9) *' 1 r Sold for cash. Ex-dividend. 28 12 (Continued from page 18) unofficial The sterling no person account may be opened in the name of a resident in the United States or Switzerland or any countries with which special account arrangements are in force unless written consent is obtained from the Bank of A new tightened outside an transfers on The Treasury was Britain. to reported to the Bank of England by Nov. 15. Order in Council which became effective Nov. 25 restrictions money Great from empowered to make payments such if area of payments go into a blocked account. Money due non-residents for investments in Lon¬ be paid into a blocked account and invested in certain foreign securities, a list of which, it was stated, would be immediately published by the British Treasury. No further restrictions were placed by the Order in Council on sterling then hold by foreign residents, nor was there any change in the procedure by which the Government might give permission to non-residents to deal in foreign exchange. An exception was made in the case of the national savings don may certificates 3% and Non-resident bonds. defense holders of these may still transfer the sterling they represent into foreign exchange. Companies in foreign countries under control of British residents were warned that they might be breaking the law if subsidiary the sold company pledged any security without Treasury consent. The New York Bankers Foreign Exchange Committee nounced British on Nov. 27 the receipt of a new regulation or from the United Kingdom. The ruling stated that payment sterling from Canadian author¬ ized accounts the or in in Canadian or Newfoundland dollars. For it was stated that sterling accounts of Canadian banks had been recognized by the Bank of England as "Canadian authorized accounts." of purpose the regulation Throughout the month London open market money rates continued easy, with call money almost invariably in supply %%, while two-months' bills were 11/32%, three-months' 1/16%, four-months' bills 1 3/32%, and six-months' at bills 1 bills 11%%. Canadian exchange during November was and the discount ated within ber ranged count of In on notably steady, the unit in the unofficial market fluctu¬ a narrow range between a Montreal funds during Novem¬ discount which within what of 13 5/16% and a dis¬ Under the rule sales, in which no account dealings some the extremely authorities further dents. The provided such still narrow tightened take place, generally 1 16 1 28 is held The of $4.03%-$4.04. range restrictions exchange some¬ by taking steps to prevent the transfer into regulations, which took effect as of Nov. 23, new for "blocked" new sterling accounts, capital proceeds are to be paid. financial advanced peso $0.2330 to to end for rate of an Argen¬ the Argentine first part of November from $0.2370, but subsequently declined during high as somewhat, the free delegation, into which k "Coincident with the arrival in this country tine the as $0.2345. the month at Some minor im-* provement was also shown by the Cuban peso, the discount which on "On quoted at .the end of November at 8%%, as was against 9%% month earlier. National Bank of Hungary revised its a 21 Nov. the foreign exchange quotations, lowering the premiums on the sale of convertible exchange purchase and In (including the from 50% and 53%, respectively, to 47% and 50%. dollar) the of terms dollar, the pengoe appreciated therefore, from $0.1883-$0.1937 to $0.1921-$0.1977. rates are stantial close those which to depreciation outbreak of the were pengoe The current dollar quoted before the sub¬ that accompanied the of war." Details gold movement at the Port of New York of the during November were outlined as follows in the "Monthly Review" the of "There in the The Federal Reserve of Bank New York for a further moderate of amount gold decline during November into the United States. ol $40,009,000, following reached and a new Nov. 30. 000,000 on United States an month of the increase of $115,000,000 in October figure of approximately high $1,815,- The increase in the gold stock of the during the somewdiat larger than in month—about 295,000,000—was October, but smaller than in any April-September period of this year. Department of Com¬ In the four weeks ended Nov. 20 the reported the receipt merce of $288,985,000 of gold in the principal amounts: $205,642,000 from Canada, $16,490,000 from Argentina, $14,432,000 from Australia, $14,338,000 from Portugal, $12,186,000 from Japan, $8,436,000 following from Russia, $6,296,000 from South Africa, $3,600,000 from Philippines, $1,482,000 from the United Kingdom, $1,107,000 from Hongkong, $925,000 from Chile, and $605,000 the the foreign exchange situation during November the Federal Reserve Bank of New York said in Mexico." CONTINENTAL AND Very little of real value "Those exchange rates which continue to be quoted regu¬ of imports gold held under earmark for foreign account at the Federal Reserve banks was increased about on its "Monthly Review" for Dec. 1: was volume total from 12%%. commenting 34 Nov. 19 13 13 20 11 foreign exchange of certain capital payments to non-resi¬ an¬ by the could either 754 Nov. 18 34 Nov. 6 Mar. Mar. Mar. Mar. July Feb. Feb. Mar. Dec. 1: Treasury relating to payment for goods reexported be received 1434 4634 1634 1054 54 34 54 1734 19 13 5 June 11 34 Jan. 2 34 Feb. 16 34 Jan. 6 11 Sept. 25 Apr. 9)4 Jan. 16 6 at 113 54. It was ruled that such accounts hlready opened England. should be Nov. 24 r Cash sales, in which no account is taken Ui computing range, are given below: British England ruled, effective as of Oct. 15, that area 263 Apr. 3 Mar. 20 Indianapolis Power & Light 634% pref., Nov. 27 at official sterling, as distinct from free market sterling. or Bank of Nov. 12 16 n "x-w" without warrants. as 28 7 14 28 Jan. taken in computing range, are given below: No sales. "w w" with warrants, in the New York market 15 a Deferred delivery sales. In which no account Is taken <n computing range, are given as follows: No sales. . "w i" when issued. "cod" certificates of deposit. 11 Nov. 30 Sale 15 voting trust certificates "vtc" 1134 Nov. 23 Nov. 26 Nov. 12 Apr. 8 Mar. 25 263 June 13 23 1134 Nov. 28 Nov. 1534 Nov. 6 54 Nov. 54 Nov. Sale "n-v" non-voting, Abbreviations Used Above: 2734 2654 1034 1334 Apr. 24 Jan. 11 534 May 31 8 June 12 734 June 6 12 Sept. 20 2054 Oct. 7 "m" mortgage, Bonds being traded flat. 1 Reported in receivership. 2634 Nov. 25 2654 Nov. 26 11 26 12 27 19 22 Nov. 13 12 4 734 May 16 20 "cum" cumulative, s Mar. 754 May 18 28 34 1134 15' Nov. Nov. Nov. Nov. 8 54 Nov. Nov. 8 634 Nov. 27 1134 Nov. 19 834 Nov. 25 26 26 634 _ A 6 18 26 % 30 "conv" convertible, Deferred delivery sale. Nov. 13 •8 26 20 2634 Nov. 25 2634 Nov. 28 52 Jan. 8 49 Mar. 13 20 12 Nov. 13 1 Jan. 15 29 Feb. 15 13 2634 Nov. 15 7 1234 Aug. 16 18 May 9 May 21 Nov. 26 "cons" consolidated." the rule. undo- 14 23 1 18 20 15 Nov. Abbreviations Used Above: value par 23 20 26 1834 42 % 53 9 10)4 7H 8 34 Sale 1334 29 2634 Nov. 25 2634 Nov. 28 Sale 27 Uh 17,000 102,000 179,000 247,000 318,000 26 2634 Nov. 14 2634 Nov. 15 27 28 3o 26)4 2634 4Mtge Bank of Chile 6s—1931 Mtge Bank of Denmark 5s 1972 4Parana (State of) .Brazil 7s '58 4Rio de Janeiro 6^s.„ 1959 4Russian Govt 6H>s 1919 46 Hs registered— 1919 3,000 i5%s 1921 193,000 53,000 4Santlago (Chile) 7s —1949 2,000 3,000 12,000 21,000 49,000 * 4Liiia 2834 29 Jan. 754 June 834 Nov. 22 26 Sale 12 20 8 13 11% 20 9% Sale 9% 10 H UK 16H (City) Ger 7s—1939 4Hanover 834 Nov. 13 834 26)4 2634 Sale 12 934 2034 Sept. 16 Aug. 13 2534 23 10 5 12% (Prov) 6Ks 1949 (City), Peru, 6HS-.1958 4Maranhao ?State) 7s 1958 4Medellin (Colombia) 7s__1951 Mortgage Bank of Bogota— 47s issue of May 1927—1947 9,000 47s issue of Oct 1927 1947 12,000 6.000 n 4Hanover 50,000 22,000 55,000 124,001/ 68,000 12 H 2634 Nov. 15 26 13 % Feb. 2834 Feb. 29 20 12 1961 7s 35 30 the OTHER or FOREIGN EXCHANGE reliability can be said regarding foreign exchange and financial situation of the Conti¬ Most dispatches pertaining to German authori¬ larly in the New York market showed greater stability dur¬ nental ing the past month than at any time since before the out¬ break of the present European war. The rate for the Swiss these countries reflect the dominance of the franc, for example, after having been permitted to appreci¬ ganization ate about remained level of 80 points following the capitulation virtually $0.2321. unchanged during of November France, near the The unofficial rate for the pound sterling, ties European countries. over financial affairs. Changes in their financial or¬ business affairs are likely to prove transitory and can have no value to market observers on this side. As already noted, exchange on these countries and conduct of (Continued on page 56) RANGE OF PRICES ON CHICAGO STOCK Stock Sales 1939 668,000 7,683,000 1940 Shares_ November Jan. 1 to Nov. 30 ... 687,000 6,137,000 EXCHANGE Jan. 1 to Nov. 30-. - Jan. 1 BONDS $ 10,000 Chicago Ry 1st M 5s ctfs..1927 700,000 Commonwealth Ed 3%s._1958 STOCKS Shares Shares 2,598 '"""424 520 300 1,550 1,550 750 350 50 765 24,300'Allied Laboratories common..* 3,950 Allied Products Corp Com__10 3,350 Class A 25 8,812 Allis-Chalmers Mfg Co * > 2,959 21,100 650 6,122 42,686 148,851 19,800 250 66,950 3,356 250 7,850 2,350 344 100 2,380 3,100 68,468 100,670 1,670 1,100 1.960 400 9,750 18,350 200 1,600 550 1,050 5,421 3,400 2,100 1,955 13,750 420 100 150 4,350 "T350 7,220 1,365 128% 128% 1121 69 Sale 144 47 121% U3% 114 49 9% 3 % 3 12 % 18 9% 1914 40% 9% Sale 3% it* 10% 20% Sale * 19 Highest Sale Prices 8 Nov. 1 American Pub Serv pref 100 Amer Tel & Tel Co capital.>100 171% Sale 5% Sale Armour & Co common 5 15% Sale Aro Equipment Co com 1 % Sale Asbestos Mfg Co common 1 38% Associates Invest Co com * 35 5 5 Athey Truss Wheel capital 4 2 Auburn Auto Co common * 2% 2 1 Automatic Products com 5 % Automatic Washer common 3 Sale Aviation Corp (Del) 3 3% 3% Aviation & Transport cap 1 6% Backstay Welt Co common * 17% barber Co (w H) common.._1 9% 9% Barlow & Seelig Mfg A com 5 if* 5,325 13,950 Bastian-Blessing Co common.* 8,460 Belden Mfg Co common 10 14,200 Belmont Kadio Corp * 59,331 Bendix Aviation Corp com 5 42,360 Berghoff Brewing Corp 1 7,050 Binks Mfg Co capital i 26,186 Bliss & Laughhn Inc com 5 75,272 Borg-Warner Corp common..5 3,480 Brach & Sons (E J) capital * 2,850 Brown Pence & Wire cl A pfd. * 5,800 Common 5 common 60() Bunte Bros common 13,650 Burd Piston King common 54,271 Butler Bros common 12,416 5% cum conv pref 10 1 10 30 Nov. 23 Sale 52 50 53 Sale 51% Nov. 27 10 Nov. 27 55 17 % 9% 5 31% 10 18% 10% 5% Sale 10% 4 Sale 23 Sale 25% 21% Sale Sale 18% 17 4% 10% 4% 11% 2% 7% 20% 165% Sale 5% Sale 12 10% 1% Sale 35% Sale 4% 3% Sale Sale 21 16 1 % 2% 5% Sale Sale 9 10 11 % 1% 1% 37% 3% 38% 3% 1% % % % 4% 3! Sale 17% 92% 5 Sale Sale 3% _ 6% 6% if* 19% if* 10 Sale 18% Sale Sale 11 5% 33% 7% Sale 17% 11% 5% Sale 8% 5% 17 12 4% 32% Sale 8 Sale 5% 4% 4 19 Sale 20% 16% 20% Sale 20% Sale 17% 16% 9% 7% Sale 17% 10% Sale 5% 19% Sale Sale Nov. 16 4% Nov. 13 1 16% Nov. 20 21% Nov. 28 34% Nov. 27 91 % Nov. 164% Nov. 4 % Nov. Nov. 10 1% Nov. 35% Nov. 3% Nov. 27 % Nov. 6 Nov. 27 1 5% Nov. 18 4 % 2% Nov. Nov. 27 18 10% Nov. 25 17% Nov. 23 11 Nov. 19 5 Nov. 29 32 Nov. 27 7% Nov. 1 Nov. 4 6 8 8£ m Nov. 23 Nov. 6 Nov. 12 12 Nov. 6 Nov. 35 Nov. 8% 5% 21% 22% 17% Nov. 14 Nov. 18 Nov. 25 Nov. Nov. Nov. 28 2% Nov. 11% Nov. 9 15 19 15 15 8 3% Nov. 5% Nov. 4 8 Nov. 2 2% Nov. 25 5 Nov. 6 19 Nov. 4 20 Nov. 24 Nov. Nov. Nov. m May % 73 May 146 May 4 May 3 8 Apr. 24 May 9 Apr. 17 Oct Mar. 11 Jan. 31 Jan. 4 Feb. 8 3% Nov. % May % Sept. % Apr. 4 Aug. 2% May 4% May 15% May 8% May 12% May 7% May 3% May 24% May 7% Oct. 3% May Apr. 1 Apr. 15 Apr. 16 Feb. Oct. Nov. Oct. 15 23 1 25 May 8 Sept. 4 Apr. 9 Mar. 7 Nov. 28 Jan. 3 Jan. 3 13% May 13% May 14% June 7% Nov. Apr. June 9 7 5 Apr. 5% June 1 Feb. Feb. Feb. Oct 11 7 15 16 31 Jan. 11 Mar. 12 % Jan. 30 June 2 6 3 Nov. 28 Jan. Jan. 22 j% May 10 6 15 Oct. Feb. 21 Feb. 6 Nov. 7 May May Nov. 25 17 3 Sale Sale Apr. July Oct. 4% 5% 18% 11% 18% 8 Nov. May May May May May 10 Nov. 9 Nov. 13 Nov. 8 Nov. 4 Nov. 6 3 % Nov. 21 6* Jan. Jan. Jan. 7 7 17% Nov. 21% Nov. 28 1 38% Nov. 4 94 6 167% 5% 29 25 11% 1 % 1 1 35% Apr. 50% May 34% 7% 2% 2% Nov. 25 13% Nov. 2% Sale 10% 14% 2% 5% 19% 17 Sale 3 4 18% Nov. 28 19% JNov. 6 16% Nov. 6 7 % Nov. 25 2% Nov. 15 9% Nov. 6 9 2% 2 3% Nov. 9 3 % Nov. 20 11% Nov. 1 12 Nov. 29 25 90% 166% 1% % 5 17 21% 34% 19 , 14 13 92% 13 20% 33% 22 "85% 3% 12% 12 Sale 38 4 3% 3% 12% 7 58% Nov. 10% Nov. 18 June 40 June 6 40 110% May 22 131 144 10 Sale Prices Sale Prices 113% Nov. 20 120% Nov. 54% Sale 53% Sale 11 10% 3% 3% 4% Sale 11% Sale 14 12% 17% 16% 22% 21% 22% 96 54% Highest Lowest Lowest Sale 94 22,856 Bruce Co (E L) Ask Ask Bid Bid Par 16,978 Abbott Laboratories com * 170 4% % cum conv pref lOu 4,600 Acme Steel Co common 25 2,670 Adams (J D) Mfg common...* 4.959 Adams Oil & Gas Co com * 19,320 Advanced Alum Castings 5 12,550 Aetna Ball Bearing common—1 250 Altorfer Bros conv pref ""248 Ask Sale Prices Nov. 30 Nov. 1 1940 Bid $ 58,606 1 Price Jan. 2 Since November RANGE SINCE JAN. IN NOVEMBER PRICES CHICAGO STOCK EXCHANGE SALES $29,000 1,509,000 $58,000 710,000 November AGGREGATE In 1939 1940 Bond Sales 5 Mar. 8 Jan. 3 Apr. 2% July 4% May 17% June 3 Campbell Wyant & Cannon 360 400 7,412 Foundry capital * 3,977 Castle & Co (A M) common.10 2,030 Cent C^id Storage Co com__2l» "l"750 21,070 1,300 14,800 11,550 122,800 4,330 Central ill Pub Serv pref 400 270 690l 30 2,584 11,650 1,100 200 45,600 '"500 7,530 14% 21 14% Nov. 28 21% Nov. 20 89% 90 86% Nov. 90% Sale % 6% % Sale 7 Sale * rH Preferred * 106 45 21% 11 olH Sale Sale 14 ' 60 Chicago Elec Mfg class A# 72 7,400 Chicago Flexible Shaft com..5 6,363 Chicago &NWRy com...100 % 368 Chicago Ry pt ctfs "1" 100 430 Chicago Towel Co conv pref..* 108 70 1,150 Common capital * 6,747 Chicago Yellow Cab capital-.* 8% 31,023 Chrysler Corp common 5 90% 52,120 Cities Service Co common 10 4% 3 16,000 Club Alum Utensil Co com * 2,230 Coleman Lamp & Stove com..* 23% 496,775 Com'wealth Edison com 25 32% 18,300 Compressed Indus Gases cap_5 12% 7,006 Consolidated Biscuit com 1 2% 54,816 Consolidated Oil Corp * 7% 25 Sale Central States Pr & Lt pref..* Chain Belt Co common Checker Cab Mfg cap * -5 4,600 Cherry Burrell Corp com 192,450 Chicago Corp common 5 1 * Convertible preferred 17,580 9 60 650 180 1,770 310 12,948 2,797 70 910 1,369 1,050 17,158 3,150 10,700 60 810 1,000 5,850 1,385 400 V t 3,100 822 c 95% Nov. 12 pref part shares 50 % Nov. 6% Nov. % Nov. Sale Sale % % Nov. 5% Nov. %, Nov. Sale ~ ' 106% 112% 105% Nov. 41 Nov. 40 43 46% 7 Nov. 10 7% 8% 21 Nov. 19% 21 Sale % 5% 10% May 14 % May 8% Feb. 71 May 21 22 14 24 110 1 8 4 % Jan. 4% July 17 19% Apr. 20 Nov. 24 Nov. 20 47% Nov. 14 8% Nov. 20 21% Nov. 7 36 30 Sale 29 12% 73% Sale 68 Sale 1 13 Nov. 21 1 Nov. 14 13 Nov. 21 1 % 29% 28 Nov. 28 Nov. 31% Nov. 71 70 Nov. 28 74% Nov. 2% 110 71% Sale Sept 10 4% May 29 15% May 28 28 June 10 14 9 ;' Sale Sale Sale 35 Sale 110 71 69 "Io"~ 9 Sale 76% 5% 2% 35 Sale 34 30% Sale 28% Sale 1% 5% 2 Sale Sale Sale Sale Sale 2% 37 9% Nov. 75 Nov. 10% *85% 6% 2% 5% Nov. 2% Nov. 35 28 Sale 1% 5 % 4% Com part shs v t c A 50 2 Common part shs v t c B * Sale Container Corp of Am com..20 30 Continental Steel common * Preferred. ...100 107 Crane Co common 25 23% "24" 61 Sale Cudahy I act Co 7 % cum pf 100 Cunningham Drug Stores. ,2% 18% 18% Curtis Lighting Inc common2% 2 3% Dayton Rubber Mfg common.l 18% 19% Cum class A pre? 35 31 23% c it* 2 Sale 3% 1 1% % % % % 15% 17% Sale 25% 21 % 24% 109% 103% 110 19% 21% Sale . 37 3 6 20 Oct. 84 Apr. 4 % Jan. % Jan 8 15 Nov. 12 Nov. 18 2% "15% : 25.., 1 30 4 "20% 75 18 15 2 H\ 10H 24% Sale 11% 12% 8 Jan. 29 5 Nov. 26 % 8 10 iff* 9 Nov. 13 7 18% 99% 13% Nov. 12 51 22% Nov. Nov. 80 Nov. 8 16% Nov. 1% Nov. 19 1% Nov. 10% Nov. 11% Nov. 9 32 32 22 May May May May May July June May 7 Nov. 6% May 2 3% Mar. 12 Apr. 15 33 Apr. 8 16% Mar. 7 3% Jan. 26 23 Nov. 21 Nov. 2 2% May May 25% May 10 May 1 May 5% May Nov. 26 17% Nov. Nov. 109% Nov. 1% 2% 6% Nov. 15 Feb 4 Nov. 21 15% Nov. 23 64 Nov. 4 % Nov. 9 3 7% May 22 53 % May 28 Nov. 5 Feb. Apr. 26 May 28 116 June 28 75% May 10 11% Mar. 25 Jan. 3 91 93 1 7 1 1 30% Nov. 3% Nov. % Nov. "l6~" "16% 15 Oct. June Nov. Nov. Nov. Nov. Nov. 2 28 2 55 35 1% Nov. 19 5% Nov. 30 Jan. May 21 25% June 11 Nov. IV4 73 70 1 5 4% 5 13 11 7 7 9 14% 3% 18% Oct. % June 10 % Jan. 23 Nov. 70 69 Sale Jan. 11% Oct. 21% Nov. % May 19 10% 83% 6% 2% 3 7 8 12% 2% 2% % % 108 109% 109% Nov. 108% 110 66 Jan. 4 37 Sale 3% '8 13% 12% 7 11% Jan. 11 95% Nov. 12 29 Apr. 17 Jan. 2 %.Mar. 14 92 May 25 in* Feb. 13 18% Oct. 13% Sale 1% Consumers Co— 270 4 16% Nov. 12 Nov. 7 Corp— Sale ' 50 130 20% 13 3 213 400 14 Sale Sale 4% Sale 218 '"850 Sale 70% 3% 20% 10,140 22,700 1,050 15% 22 Sale 7930 260 ""166 15% 21% 14 11% 82% Common 1 gh Convertible preferred * % Sale Cent & S W Util com (new) 50c Prior lien preferred * 113% Sale Central 111 Secur 4,100 14% 20 22 21 22 15 29 38 1% Jan. % June 3 21 3 13 6 19% Apr. 24 22 33 Apr. 9 3 110% Mar. 20 4 6 24% Jan. Nov. 12 80 18 May 20 1% Mar. 8 May 22 24% Sept 23 12 9 19 Feb. 2 Jan. 12 19% Jan. 31% Jan. 23 2 26 Decker (Alf) & Cohn— 500 20 2,710 Common 80 Preferred ....... 196 Geep Rock Oil Corp 805 1% conv pref. * * 2% 73 100 8,236 Deere & Co common For footnote# see page 56. 10 1% 18% 2 30 22 21% Sale 21 1% 2 27 1 % 26 Nov. 29 2 Nov. 15 26 7 Nov. 15 Nov. .1 % May 21 23 Aug. 10 7% May 23% Sale 21% 20 Nov. 6 21% Nov. 7 9 13% May 22 2% Mar. Feb. 11% Apr. 23 % Jan. 30 8 8 23 4 CHICAGO DEC., 1940] AGGREGATE SALES Jan. 1 Shares Shares 2,150 800 "i]§66 250 3,800 2,500 1,350 80 624 RANGE SINCE JAN. 1 Price EXCHANGE Jan. 2 In -November """240 PRICES IN NOVEMBER CHICAGO STOCK 55 EXCHANGE STOCK Since STOCKS Bid *sk 13 9 200 De Mets Inc preferred * Dexter Co (The) common.---5 1,140 7,461 7,926 3,450 10,150 3,950 55,450 23,650 5,750 Bid 17 Sale 9 6 5 8 9 854 Sale 11* 34*4 33 Dodge Mfg "Corp "common— * Eddy Paper Co. (The) * El Household Util Corp .5 Sale 13 15 15*4 354 24 Elgin Nat Watch Co 15 fEversharp Inc common 1 100 Fair (The) preferred 100 4,360 Fairbanks Morse common—* Sale Sale 10 33 39 *4 Sale 1054 Sale 4 54 2954 4 354 3154 Sale 1*4 154 2 45*4 Sale 7 1454 1854 17 Sale Sale Highest Lowest Highest Sale Prices Sale Prices Sale Prices 43 41 June 19 9 5 Nov. 1 954 Nov. 15 1154 Nov. 8 454 Nov. 25 854 Nov. 27 954 Nov. 20 Aug. 4*6 May 954 May 31 May 9 May 1154 May 4 37 14 1354 1754 Sale 16 4*4 33 37 1254 Lowest Sale Prices 17 9 454 Sale 1054 154 Connell Dredge & Dock Co common * 2,450 10 17,200 Four-Wheel Drive Auto 5 12,900 Fox (Peter) Brewing com Ask Ask Bid 454 com..2 Dixie-Vortex Co common * Class A....--------------* Diamond T Motor Car Nov. 30 Nov. 1 1940 Par 1354 Nov. 7 14*4 "Nov." 14 17 Nov. 15 18 Nov. 18 354 28*4 1*4 3754 4154 Nov. 25 Nov. 6 Nov. 2 Nov. 12 Nov. 27 454 3154 1*4 3754 4654 Nov. 9 Nov. 18 Nov. 2 Nov. 12 Nov. 1 7 15 15 23 21 22 Jan. 26 May 23 3 21 154 Oct. 3 3754 Nov. 12 2954 June 5 1154 554 1056 1454 Apr. Apr. Feb. Mar. 20 19 15 12 38 Mar. 5 1454 Nov. 18 Nov. 4*6 Apr. 3154 Nov. 254 May 14 18 29 18 25 Mar. 40 6 4954 Apr. 8 29 6 11*4 Feb. 10 Oct. 4 17 28 25 2554 Nov. 27 5 Apr. 18 Feb. 27 18 66 Apr. 8 8 5754 Jan. 8 1254 Apr. 2*4 Jan. 17 4954 Apr. 15 8 5654 Apr. 8 754 Apr. 8 6*4 Apr. 554 July 24 6 1254 Feb. 25 Apr. 8 12*4 Feb. 21 27*4 Jan. 27 20*4 Feb. 19 2 954 May Fitz Simons & 300 1,950 4,400 5,300 1,000 100 428 100 2,900 1,576 14,809 527 800 """206 1,406 800 3,900 1,060 120 250 900 1,300 240 100 250 2,175 150 2,055 1,100 2,574 800 2,317 1,400 754 I,125 100 10 54 4 13 54 Sale 1 42,450 Fuller Mfg Co common 10,700 Gardner Denver Co com (new) * 16 Sale 54 34 Sale 4 54 3% 6 54 Sale Safety Razor com. * 250 Godchaux Sugars Inc class A_» 7,850 Goldblatt Bros Inc common..* Gillette Hall Printing Parts...3 preferred (w w) .25 Werner Motor 240 Heller 3,080 Hibb Spencer Bartlett com—25 31 10,650 Indep Pneum Tool s t c new..* * 3,067 Indianapolis Pr & Lt com 1 7,121 Indiana Steel Prod com 6,604 Inland Steel Co capital——* 13,282 Internat Harvester common..* 26 254 88 Sale "4* 1754 Sale Sale 4954 ~ 1,920 90 300 100 '4454 102 Sale 354 ,54 154 354 "754 Sale 26 10 1254 1654 * * 150 90 II,400 21,250 1,650 50 550 4,260 250 600 3,627 ""400 15 1,172 500 900 1,135 1,650 20 400 6,230 300 150 140 100 "200 2,696 National Cylinder Gas.. 3,950 Nat'l Pressure Cooker Co 2 Nat Republic Invest Trust— Cumul conv pref 4,790 National Standard— Common stock... —10 11,650 8 3854 30 Sale 354 28 54 354 7*4 14 8 Nov. 9 Nov. 14 9 2 2 Nov. 37 13*4 33 54 1354 Nov. 21 3154 Nov. 13 Sale 7 . Sale 2 754 14 10 Sale 1654 1554 Sale 23 25 554 3654 8 3754 Sept. 12 16 954 May 21 554 June 3 8 7 3 754 2654 2054 254 8554 51*4 Nov. 14 Nov. 29 8 3356 Nov. 20 1454 Nov. Mar. 1 May 21 June 26 5 Nov. % Nov. 354 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. May 27 2 654 1854 2054 254 Nov. 2254 Nov. 354 Nov. 94 Nov. May 21 May 25 Nov. 27 Nov. 8 May 23 38*4 June 10 56 Oct. 29 254 Nov. 21 66 54 5654 Nov. Nov. 4 Nov. 254 1754 1254 1854 Nov. Nov. Nov. 3 Nov. Nov. 19 43 Nov. Nov. 4554 Nov. 43 Nov. 13 Nov. 13 1 Nov. Nov. Nov. 454 Nov. 4 Nov. Nov. 10154 Nov. 49 Nov. 4 4*4 756 10154 10154 Sale 47 4654 4854 454 354 254 54 156 356 25 654 654 6*4 154 Sale 19 1754 754 654 13 954 May 22 5 Jan. *4e May 10 954 Nov. 28 July 29 34 54 July 1 1056 May 21 30 Jan. 5 9 14 18 7 11*4 June 9 May 21 17 July 15 1854 Nov. 1354 Nov. 13 8 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 354 Nov. 18 2 2*6 Nov. Nov. 2556 Nov. 19 7 Nov. 8 4 54 Nov. 156 Nov. 29 4 654 Nov. 654 Nov. 2 19 1 Nov. 29 754 Nov. Nov. 1754 Nov. 8 Nov. 4 Nov. 13 i!iK Nov. 9 Feb. 7 15 1 Mar. 12 42 3 1554 Apr. 35*4 Apr. 20 10*4 Apr. 26*4 May 1654 Apr. 1954 Apr. 15 10 Feb. 23 1 5 5*4 Jan. 3 1354 Jan. Apr. 30 2354 Oct. 16 3*4 Nov. 18 28 94 Nov. 13 62*6 Jan. 454 Jan. 4*4 Jan. 18*4 Nov. 3 12 9 4 Jan. 3 23*4 Apr. 50 Apr. 10 9 17 Nov. 1 May 21 Feb. 9 8*4 554 May 21 8.10154 100 Jan. 38 May 24 4954 90 May 28 10354 354 May 28! 654 6 ~" 254 June 54 Nov. 19 Apr. *6 Sent. 13 9 Jan. 11 Feb. 13 Apr. 5 30 Mar. 6 Jan. 13 Jan. Mar. 2 54 July 15 23 54 May 21 5 June 10 5 May 15 29 Mar. 27 Sept. 26 Apr. 20 Apr. 12 Jan. 3 Nov. 29 1 3 Sept. 18 12 10 Nov. 1654 154 2354 654 3854 1754 1554 154 2354 654 Nov. Nov. Nov. Nov. 2354 Nov. 18 1554 Aug. 16 5 4 '4 Jan. 954 Juiy 15 9 May 22 11*6 May 21 4 154 Jan. 2056 July 17 754 Nov. 26 354 May 18 J an. 4 37 Nov. 39 July 26 654 Nov. 18 Apr. Apr. Apr. 8 5 3 2 2454 8 40 7 Nov. 756 Nov. 14 25 1256 Nov. 1756 Nov. 14 2 26 27 15 Sale 2954 3054 3*4 Sale 2654 454 4*4 854 Sale 54. ,54 554 Sale 354 4 54 354 454 3*4 2754 554 5*4 27 4 7 54 2654 154 29*4 554 Sale % 56 3*6 454 354 454 354 4 54 54 54 54 54 954 Sale 754 Sale 2254 2554 154 2 45 40 ----- Sale Sale 24 26 954 35 * 1154 3754 1454 Nov. 12 8 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Jan. 25 Nov. Apr. 26 Jan. 6 Jan. 5 Nov. 14 Jan. May 21 11 June 24 Aug. 31 24 Jan. Jan. 23 11 20 54 Nov. 356 Jan. 23 Jan. 20 716 Sept. 1* 4154 Nov. 12 Jan. 54 May 28 756 Nov. 26*4 Nov. 3654 Nov. 20 Nov. 18 5 June Jan. 10 Apr. 10 54 Nov. 54 Nov. 1054 Nov. Nov. 6 4 6 1 196 Mar. 3 54 June 10 3 56 June 10 $54 Nov. Nov. Apr. Apr. 17 356 2454 3 56 556 554 Nov. 854 Nov. Me Nov. 556 Nov. 354 Nov. 754 Nov. 17 27 2856 Nov. 20 Nov. 29 Oct. Apr. Mar. 28 856 May 22 1656 Nov. 2854 Nov. 4 Nov.14 34 26 1454 2854 3*4 2654 4*4 5*4 54s 3*4 354 354 54 54 45 3754 Sale 39 1 27 1554 Sale 26 Nov. 654 Nov. 18 654 Nov. 25 May 28 8 8 11 19 1054 22 26 22 954 May 27 Nov. 28 40 1 12*4 Nov. 1754 Nov. 54 Nov. 7 25 7. 154 1654 23 12 54 May 22 654 Nov. 9 954 Nov. 13 9 Nov. 26 May 354 May 2*4 Sept. 454 May Nov. 14 754 Nov. June 25 May 25 May 28 May 22 38 8 9 1354 Nov. 25 17 40 54 54 354 354 754 Sale 28 Sale 2054 Sale 354 Sale 8754 Sale 54*4 Sale 254 254 17 1754 1254 13 1854 1954 4254 4554 4 28 6H 35 Apr. 1754 May 1 May 30 July 16554 Aug 32 May Nov. 13 11 2C Nov. 12 28 Apr. 16 12 Jan. 24 9 Jan. 30 21 Jan. 3 Mar. 3 9 76 1354 25 9 35 15 1154 3754 1654 11 954 Nov. .Tune 26 Mar. 26 7 Nov. Jan. 20 26 May 21 May 29 Apr. Apr. Apr. 35 13 54 "Nov. 1254 Sent. 20 1354 Nov. Anr. 16 Jan. 1154 354 454 29 454 9 9 1156 354 Sale 4 2954 Sale 12 11 Nov. 4 4 Nov. 28 29 3354 454 4 8*4 12 954 Sale 10 454 Sale Sale 4 2854 Nov. 28 32 Nov. 1 454 Nov. 25 8*4 Nov. 30 Nov. 34 Nov. 12 8 S 30 Nov. 8 2054 May 36 Apr. 6 4 554 Nov. 12 8*6 Nov. 30 3 754 Jan. 554 1454 9 Nov. 12 Feb. 19 7*4 Tune 12 Jan. 20 20 Nov. 20 2254 Nov. 27 5954 Nov. 25 22 54 13 13 10 56 13 1054 Nov. 26 1054 10 5054 Nov. 21 15 Nov. 25 9 16 Nov. 25 11 Nov. 19 11854 1254 May 45 10*6 Nov. 2 15" 154 2354 36 54 27 11"" 9 Nov. 6 9 Nov. 42 1554 13 38 54 2454 3954 2854 25 V* 70 1154 *4 1354 1 Sale Sale 26 1054 11 54 Sale 4254 1454 Sale 54 54 2254 Sale 38 2554 / Sale 2754 6 1054 Nov. 54 Nov. 14 45 Nov. 14 13 Nov. 2 1454 Nov. 30 54 Nov. 20 *6 Nov. 27 2156 Nov. 27 2554 Nov. 14 Nov. 27 2554 Nov. 27 4354 Nov. 8 2654 Nov. 23 37 11 11 18 .Tune 11854 May 9 854 May 14 56 Jan. 109 Apr. Ian. 12 12 23 Feb. 26 Anr. Oct. 6 1054 Nov. 14 54 Nov. 30 45 Nov. 14 Jan. 22 54 Jan. 12^4 Jan. 7 1054 54 a 2254 Nov. 27 9 29 1354 54 Sale June 8V4 May 954 Aug. 107 Nov. 20 8 31 41 54 454 7 Nov. 30 15 8 5*4 May 1554 May Nov. 109 1254 Feb. 12 5554 10 154 Mar. 28 May 23 10 21 "1054 9 3 4 Nov. 19 1454 30 Nov. July 8 Nov. 16 9 53 1254 Nov. 10 10 4 22 11 1154 22 54 5954 1554 1354 1054 11454 9*6 1154 Sale 1254 Nov. \pr. 22 10*6 Oct. 354 July 98 12 * 2,600 Penn Gas & Elec A com 50 25,218 Pennsylvania RK capital 17,093 Peonies Gas Lt & Coke cap. 100 * 2,730 Perfect Circle (The) Co Sale V* 1 24 66 8 ..... 754 2554 * 150 8 8 Nov. 1 Nov. 14 Nov. 13 Nov. 9 554 Nov. 854 Nov. 10054 4654 Sale 103 102 10154 354 354 354 254 Sale 2*4 254 54 54 54 Sale 154 15. 154 154 454 3*4 354 1154 For footnotes see page 254 Nov. Nov. 5454 Nov. 454 Nov. 354 Nov. 38 55 35*4 854 154 3454 854 1954 1054 18*6 13 754 8 1,850 Parker Pen Co (The) com.-.10 5 2,200 Pea body Coal Co B com 6 % preferred 850 100 10 3,150 Penn Elec Switch conv A 100 18 . 250 3,667 2,458 1 26 Nov. 28 654 954 9 2,520 Ontario Mfg Co common—..* Oshkosh B'Gosh Inc— Common _* 270 100 454 * 37,680 Northwest Bancorp com * 3,650 Northwest Eng Co capital 1,760 Nor West Util pr lien pref-. 100 7% preferred 100 4,170 730 Nunn-Bush Shoe common..214 130 Oklahoma Gas & El 7% pf.-lOO 6 1,396 Omnibus Corp common Preferred class A 100 40 preferred 10 Nov. 27 Nov. 28 8 Sale Nov. 6 Nov. 28 Nov. 14 63 54 Nov. 27 Nov. 29 Nov. 27 8 13*4 Sale 46 Sale 2 28 "170 300 110 42 32 Convertible 31. 5354 Sale 554 654 354 1854 "1854 1354 Sale 1754 1954 22,278 Noblitt -Sparks lnd Inc cap. .5 20 39,510 North American Car com 810 Northern Paper Mills com * * 5,260 Northern 111 Finance com 280 1254 o 3,600 7% prior lien—.... 100 2,900 7% preferred A —100 1,350 6% preferred*A 100 17,350 Miller & Hart Inc conv pref..* 1 2,617 Minneapolis Brew Co com * 5,400 Modine Mfg common * 2,950 Monroe Chemical Co com Preferred * 460 60 Montgomery Ward & Co cl A. * Common -* 34,519 850 Mountain States Power pref 100 930 Muskegon Mot Spec class A__* * 2,700 Nachman Springfilled com 1,160 iNational Battery Co pref....* * 1,477 Nat'l Bond & Invest com Preferred series A 100 150 1,800 "3954 3 Sale 90 454 4,500 Midland Util 6% pr lien...100 30 2254 254 2 10 * 250 10,500 6 1 14 654 Oct. 3 54 June 1256 Feb. 3 May 1454 May 25 2754 2354 854 Cumulative 3,350 40 100 9 Sale Sale 100 —5 2,700 Lynch Corp common * 2,790 McCord Rad & Mfg "A" 800 McQuay-Norris Mfg com * 150 Mc Williams Dredging Co com * 1,200 Mapes Consol Mfg capital....* * 97,647 Marshall Field & Co com 130 Masonite Corp common * 32,400 Mer & Mfrs Sec cl A com—.1 2,760 $2 cumul part pref * 58,750 Mickelberry's Food Prod com_ 1 5 235,150 Middle West Corp capital 7,750 Midland United Co common..* Convertible preferred A * 66,950 50 9 Sale 13 preferred. _.._.* Le Roi Co common 10 Libby, McNeill & Libby com. 7 Lincoln Printing Co com.....* $3.50 preferred * Lindsay Light & Chem com. 10 550 8 4 10 554 18 3 1 * 870 110 3 6 1754 Nov. 27 7 Sale 854 420 2,850 44,645 11,000 2,310 15,610 Preferred 1,140 7,463 Lion Oil Ref Co capital 2,540 Liquid Carbonic common 13,700 Loudon Packing common 9 Sale 1054 1754 Sale 1354 Sale Sale _8 * 90 750 8 4 7*4 Nov. 9 754 Nov. 12 2554 Nov. 27 5 Nov. 7 1654 Nov. 28 10 13 3354 13 54 17 Preferred 354 49 27 29 7 1754 Sale 1154 Class B — * 31.504 4,850 Hubbelii Harvey, Inc com...5 1 6,792 Hupp Motor Car common 10 12,850 Illinois Brick Co capital 18,453 Illinois Central RR com—100 1,550 2,122 3 9 37 18,700 Katz Drug Co common 17,050 Kellogg Switchboard com Sale Nov. Nov. Nov. Nov. Nov. 63 Nov. 52 Nov. 10 Nov. 254 Nov. 3454 Nov. 654 654 19*4 454 1654 28 Kentucky Util jr cum pref. .50 6% preferred ..100 Ken-Rad Tube & Lp com A. - * Kerlyn Oil Co common A 5 Kingsbury Brewing Co cap 1 La Salle Ext Univ common 5 Leath & Co common ---* 350 4 Sale * 2,060 Horders Inc common 2,200 Hormel & Co (Geo A) com— * Houdaiile-Hershey— 190 Interstate Power $7 pref 17 54 954 10 254 254 3454 Sale 50 Sale 554 5 54 854 854 754 Sale Hein 1,900 400 53 Sale Sale Sale Heileman Brewing Co G cap.. 1 6,615 2,180 6,100 13,908 14,000 9,850 10,650 2,500 1654 754 6 54 25 Sale 61 954 11 254 Sale 3754 Sale 51 Sale 454 454 354 Sale 7 600 1,450 5 1354 Sale pref. 10 Harnischfeger Corp common .10 290 ""400 654 24 Sale 52 18 Co common—10 6 754 2054 4*4 1654 63 Hamilton Mfg cl A part 1,750 Joslyn Mfg & Supply Co com .5 20 Kalalamazoo Stove & Fur cap 10 950 7 19*4 454 1654 5954 854 1854 1054 150 20 1,950 254 Goodyear Tire & Rub com * Gossard Co (H W) common..* Great Lakes Dr & Dk com._ .* General Motors Corp com...10 General Outdoor Aav com * 800 400 1,530 1154 1054 254 47 54 $6 preferred * * 4,320 Iron Fireman Mfg Co v t c 30,724 Jarvis (W B) Co new capital.. 1 * 7,400 Jefferson Electric Co com 20 i 69 5654 Sale General Foods common 16,282 13,350 46,050 11,523 2,090 2,300 25,150 7,050 16)4 63 $3 cum conv pref (new)—20 400 3,887 General Amer Transp com—5 2,500 General Candy class A 5 16,200 General Finance Corp com—1 13,418 92,069 5,692 8,152 1154 a1H Sale 30 Jan. 4 Jan. 11 756 May 14 54 Jan. 22 35 May 20 1254 Sept.. « *6 Nov. 27 15 May 21 May 21 2354 Ma v oo 25 12H 45 5 Mar. 15 Jan. 25 Mar. 1 Nov.14 1554 Mar. 18 256 Jan. 17 25H Nov. 14 4354 Nov. 8 Mar. 28 29 56 STOCK EXCHANGE CHICAGO AGGREGATE SALES PRICES IN NOVEMBER CHICAGO STOCK EXCHANGE In November Jan. 1 Shares Shares 250 13,430 2,050 800 250 50 1,200 1,100 100 STOCKS 14,300 10,050 11,450 37,437 8,750 3,480 2,200 2,730 38,000 700 600 3,438 1,700 150 150 550 2,450 Potter Co (The) common .1 Pressed Steel Car common... 1 Process Corp (The) common..* 12h 18 14% Sale % 1 119 Sale 39,340 1,590 1,600 32,050 1,400 105,710 96,963 35,544 14.000 16,127 9,435 50 " s"66o lTJoo 11,900 5,352 1,431 1,450 200 ""906 27,182 441 ..._* Sterling Brewers Inc common.l Stewart-Warner Corp com 5 110 8^1 11,850 36,235 1,352 9,910 4,516 4,700 2,516 200 1,818 367 20 250 10 Nov. 24,800 18,500 10,134 10,400 58,097 32 4 Nov. 27 Nov. 27 Nov. 6 Nov. 20 Nov. 29 Nov. * Nov. 800 1,300 2,450 9,255 Sale 83 86 66% Sale Sale Sale 1 25% * Woodall Indust common 20% Sale 21% 22 No par value. 75 7% 5% New York from Sale 74% 69% 125% 1% there is nominal a or Nov. 20% 17% 36% 4% Nov. Nov. 28 Nov. 2 Nov. 7 Nov. 1 12 69% Nov. 28 15% Nov. 27 A London The Sale 21% 22 Sale 20 21 26% Sale 117% Sale 6% Sale 7 Sale Sale 1% 2 4% 3% 84% 2% 5 4 88 16 16% 18% 19% 103% 6% 95 % 103 7 6% 91 1 1% % 20% Nov. 20% Sale 102 93 91 90 5 5 Sale 95 Sale 5% 5% 4% 5% 80% 82 3% 4 16% Sale 80% Sale 4 3% 2% 16 Sale quotation for Nov. 12 Nov, 7 Nov. 30 Nov. 12 76% Nov. 4 19% Nov. 13 Nov. Nov. Nov. Nov. Nov. Inc 22 7 95 1 ^ov. 4% Nov. 4% Nov. 79% Nov. 4 Nov. 15 Nov. exchange on Nov. 8 21% Nov. 18 24% Nov. 12 108% Nov. 1 5% 5% 81% 4% 17% Feb. 7 Mar. 14 Mar. 12 Jan. 19 Apr. Jan. Apr. Feb. Feb. Nov. Mar. Jan. Apr. Apr. 4 22 8 17 7 12 9 4 Jan 6 June 17 7% 38% 25% 32% 47% 5% 6 16% Apr. 24 8 June May Feb. June May May May Jan. May Jan. Jan. 10 Jan. 3 June 12 May 28 33 4 10 60% 12% 1% 50% 41% 103% % % 1% 1 1 11 21 21 23 30 88 _8 23% Apr. 4 Feb. 1 Jan. 25 76% Nov. 9 Nov. 20 130 Jan. 1 5 Jan. 12 87H 21 2 Apr. 4 Nov. 1 Nov. 27 Nov. 28 Nov. Nov. Nov. Nov. Nov. 2 29 Nov. 26 12 40 Oct. 8 2 Feb. 5 9 8 3 4 7 19 39% 23% May 24% Jan. 5 28% Jan. 3 117% Jan. 16% May 22 14% May 23 14% June 76% June 4 May 21 88% June 20 Aug. 29 May 15 May 15 May 23 23 18 18 12 June 12 Mar 15 8 95 Oct. Apr. 30 1% Jan. 5% 6% 93% 4% 17% 9 Nov. 23 Apr. 26 Apr. 9 Oct. 00 Apr. x Ex-dividend land declared that under London, although in der be devalued. no circumstances would the guil¬ guaranteeing He considered that the Dutch The Reichsbank, he said, was the present exchange rate. investments in the United States and the Dutch East Indies regarded as an It is understood that advance. Great Britain has given assurance that such assistance as be required to meet Greek needs in the sterling may 20% 39% .5% 12% 4 1% May 16 25 41 dispatch of Nov. 6 stated that Great Britain the Greek Government a credit of £5,000,000. sum was 38% Nov. 12 22% Nov. 14 Mar. 18 Feb. 15 K Nov. 20 80 20% May 28 10 May 22 1 Aug. 9 4% May 22 4% May 31 15% Jan. 9 17% May 29 Sale*® Berlin and Home. had granted 8% Nov. 12 7% Nov. 28 8 Jan. June 12 May 22 May 21 1% Mar. 25 13 Nov. 13 17 38% Apr. 15 2 65 Nov. 13 33 71% Sale 16% Sale 101 1 7% 6% i nl* 8 68 Nov. 7 74% Nov. 1 68% 70% Sale 68% Sale 66% Nov. 27 76% Nov. 9 Sale Nov. 20 127% 128% 124% Nov. 2 130 Sale 1 1 Nov. 14 1% Nov. 2 1% % Nov. 15 % Nov. 2 % 1% 1% Nov. 12 1% Nov. 15 Sale 27% Nov. 16 29% Nov. 26 28% 27% .40% 53) page either in New York Oct. Jan. May May Nov. 14 14 Oct. Jan. 3?* 19* May Nov. 12 2% Nov. 7 1 % Nov. 4 27% Nov. 12 21% Sale 17% Sale 37% 38% 5% Sale 11% 12% 19% Sale t Name changed from The Wahl Co. to Eversharp (Continued is not quoted 33% Nov. 29 Nov. 26 Nov. 2 Nov. Nov. 14 Nov. 28 35% Sale Sale 20% 18% 22% 108% 116 * May 1% May 24 June 66% Nov. 20 7 6 Sept. 26 30% Apr. 26 10% Nov. 9 88 Apr. 6 Mar. 7 4 Apr. May 10 Nov. 12 33% Nov. 29 Aug. 12% July 1 2 Feb. Feb. 20 62 Nov. 12 19 4 13 Sale 13 1% 1 8* May 6 16% Nov 12 28 Jan 2% Nov, 29 1% Feb. 20% June 101% Nov. 20 7% Nov. 14 Nov. 14 May 1 Jan. 30 8 Aug. 13 12 101% Apr. 10 101% Apr. 19 1% lh ..2 Nov. June 3 June 13 Feb. 19 June 26 June 10 14 4 4 12% Jan. F?b. 16 % May 18 95 141 33 65% 12% 1% 1% 25% 1% 12% % 14 4* Sale Sale 19 40 Wrigley (Wm Jr) Co capital . 6% Nov. 60 13 2 12% 1% Sale 1^ 1% 59 37% Sale 4% 4% 117 1% Yates-Amer Mach capital.. -.5 Zenith Radio Corp common 4 6 Nov. 18 24% Nov. 15 10% Nov. 9 80% Nov. 6 1% Nov. 7 _ % Nov. 12 7 J*> 87% Sale 16% Sale * 9% Nov. Nov. 27 30% Nov. 33 32% % 34% Sale 21% Sale 14% Sale ..... Nov. 13 Nov. 29 46% Nov. 8 % Nov. 2 % Nov. 20 9% 74% 1% 27% 15% 16% 10 If* 70 Sale Common. 157 Nov. Nov. Wisconsin Bankshares— 6,500 108 5 23 6 Sale Sale 75 1% Sale 26% 28% 17% Sale Sale 29 17 Sale Sale 1% 8% Sale 7 Swift International capital—15 Wieboldt Stores Inc com.—.* Cum prior preferred.. 650 * 3,000 Williams Oil-O-Matic com...* 650 10' 5 23 9 Sale 24% 11% Texas. Preferred Nov. % Nov. 9% Nov. % 8* 12% Sale 1% Sale 1% 26% Sale Sale Corp capital ....25 Thompson (J R) common..—2 Trane Co (The) common....25 Nov. Nov. 101% 66 15% ..25 fWahl Co common * Walgreen Co common.. ..* Wayne Pump Co capital 1 Western Union Teleg com.. 100 West'house El & Mfg com 50 Nov. 1 Sale 2% 5% Feb. Jan. 3% May 15 % May 11 5% May 28 % June 4 6% May 28 9% Nov. 9 % Nov. 7 14% Nov. 7 2% Nov. 29 28% July Sale 6 22 140 % 9% Sale ... Storkline Furniture com 10 Sunstrand Mach Tool com...5 Swift & Co capital stock Nov. 100 12% 1% Sale i % 2% 26% Sale 12 13 2% Stein & Co (A) common 7% cumul preferred 8,138 100 20,040 Utah Radio Products com..,..l 9,750 Utility & Ind Corp common..5 Con vertible preferred 16,200 7 1,310 Viking Pump Co common....* 1,400 2,700 2,600 5% 23% 9% 79% 1% 25% 15% 16% 32% ~ 1% 47 % Highest Sale Prices 12 2 103 104 Sale 157% 159% 153 47 51 46% 1 % % Sale 12 22.001 Union Carbide & Carbon cap.* 30,665 United Air L Transp capital._5 200 United Gas Corp common 1 20 7,077 U S Gypsum Co common 113,132 United States Steel common..* 2,458 2,938 154 8% 101% Lowest Sale Prices 42 75% 809 Standard Gas & Elec com....* Stand Oil of Ind capital....25 200 ^ 12 % Sale 1 41 8,900 Standard Dredge (new) pref_20 Common (new)--.-27,565 1 4,133 105 10% Sale 2 80 1 Sale 43I Highest Sale Prices 8% 95 171 St Joseph Lead Co cap 10 910 St Louis Nat Stockyards cap..* 1,600 6,700 Ask 7% Sale 2 io7H pfd__* 13,818 Spiegel Inc common. Sale % 12% Lowest Sale Prices Nov. 30 Ask Bid 9 —-- 330 Southwestern Lt & Pow 1,417 Bid . 3,740 Southw G & E Co 7% pref._100 "lSO Ask * Preferred.. ....100 145 Rath Packing common.. 45 48 10 Raytheon Mfg Co com 60c % 1 6% preferred 5 % H Reliance Mfg Co common...10 11% 13% Preferred 100 101% Rollins Hosiery MillsCommon ..........4 1% 1% Sangamo Elec Co com (new).* 25% 27 Schwitzer Cummins capital. 9 10 1 85 % Sale Sears, Roebuck & Co capital.. * Serrick Corp class B common .1 28 29 8ignode Steel Strap Co pf—.30 Common ..._.....* 15% 17 14% Sale Sivyer Steel Castings com * South Bend Lathe wks cap..5 23 Sale common 620 South Colo Pow cl A com...25 60 Bid Pictorial Paper Pkg com 5 Pines Winterfront common...1 Poor & Co class B ._.....* Quaker Oats Co Nov. 1 1940 Par 20 1,650 1 Jan. 2 3,000 11,900 7,498 3,150 30,394 3,800 12,698 4,210 2,700 5,070 6,200 1,830 525 RANGE SINCE JAN. Price Since area of the utmost importance and must remain intact. Budapest dispatch of Nov. 20 stated that Hungary has stopped the transfer of interest payments on its foreign are A debts because of a for free currency. sharp curtailment in the Nation's exports The suspension became effective as of will be forthcoming. Oct 15. Rumors persisted in financial quarters in the early part of November to the effect that the United States might nually in the servicing of Hungary's foreign loans. Washington dispatches stated that according to a spokes¬ block man the balances of all European countries. This has Approximately 50,000,000 pengoes are involved an¬ for the Hungarian Legation, the suspension of interest foreign debts did not apply to Hungary's war debts, of reference especially to the balances of Germany and Italy. A memorandum was circulated among the German bankers on this subject through the agency of the Dienst aus on Deutschland. Treasury It represented that such blocking of European funds would be harmful to the United States and would in¬ vite retaliatory measures, stood at the end of as the account balances October were United States than to Europe. This memorandum estimated States more the total adverse claims as to they the of United citizens against Continental European countries at $3,448,000,000. which is asserted to exceed greatly the blaances of Continental Europe in the United States.1 The memorandum said that United States direct investments in countries of Continental Europe, apart from Great Britain, Germany and Austria, $235,500,000; Italy and Albania, $70,200,000; Northern and Western European countries, $362,100,000; Southeastern and East Europe, $104,000,000; total for the European continent, $772,800,000. were as follows: United States holdings of European securities, according to the German memorandum, were: Germany and Austria, $885*400,000; Italy, $271,400,000; Northern and Western Europe, $980,100,000; Southeast and Eastern Europe, $405,200,000; total, $2,542,100,000. Finally, the German memo¬ randum claimed that United Continental Europe were the Federal Reserve States short-term balances in $133,500,000 "Bulletin" as on April 3,1940, citing authority for the their which $2,000,000 instalment of are still outstanding, and that the Dec. 15 $10,000 will be paid to the United States on schedule. The value of the pengo, according to Budapest had for some time previous to October been a dispatches, matter of negotiation. Before the war disrupted the foreign exchange market the Hungarian currency was quoted at about six to the United States dollar. The Hungarian authorities on several occasions in preceding months made it plain that the countray could meet its foreign debt obligations only as long as foreign markets paying cash remained open. There was practically no market for Hungarian'exchange in New York for months preceding November, though a few trans¬ actions had been 19.50c. to the effected from time to time at the rate of pengo. The free Continental currencies, the Swiss franc, and the held remarkably steady in November, though transactions were on the whole quiet. The National Bank of Switzerland on Nov. 15 showed total gold stocks of 2,168,300,000 Swiss francs and note circulation of 2,122,- Spanish krona were 100,000 francs. The Bank's ratio of gold to notes was given 102.18% and its ratio of gold to total sight liabiltiies as 93.12%. as On Nov. nounced 18 that the it Swedish had Legation at Washington an¬ dispatch of Nov. 8 stated that the Dutch Exchange Institute was allowing dollar balances in Holland balance of a $15,000,000 credit granted to Sweden on March 8, of which only about $4,000,000 had been used. The statement said that after the events of April (which apparently concern the capture to be used for of last figure. 1 An Amsrerdam security purchases in New York. The German Commissioner General of Finances and. Economics in Hol¬ Denmark and repaid the Norway and subsequent control of trade (Continued on page 57) Baltimore Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE November Jan. 1 to Nov. 30 606,761 382,100 : $168,960 Jan. 1 to Nov. 30 .serahS 26,219 33,624 1939 1940 Bond Sales 1939 1940 Stock Sales November 2,277,660 $366,900 2,446,650 AGGREGATE STOCK EXCHANGE BONDS Jan. 1 $ 1,000 99,600 71,450 2,000 2,000 5,900 1,396,650 498,300 68,500 53,000 STOCKS Shares 473 3,987 1,521 7,73? 88 2,156 13,952 3,809 5.025 3,475 1,876 978 220 535 170 25 4 %% pref B 4% % preferred C 2*509 190 102 400 130 8 12,893 1,926 22,255 3,627 2,000 214 '""177 17 Preferred v.t.c._ 1 Fidelity & Deposit Fidelity & Guar Fire Corp. Finance Co of Am class A __ 20 10 5 -_ 22 Sale 1.55 Sale 10 par "82 H 75 Sale Sale 70 116 Sale 118 109% 80 H 117% Sale Sale 18% 125 123 30% 9% 120 32H 10 Sale ber 17 121% 119% 119% 9% 3.50 Sale 48c Sale 17 25 11 12 21% Jan. 20% Apr. 16 4 23c 55c Jan. 25 1 35c 1 36c 2.50 Nov. 18 Nov. 12 42 18% 11c to ever Sale Nov. 12c resort became to much Latin 13% Sale 27% 28% Nov. 29 70 "17% Sale" 13% Sale 93% 45c 67% 68 57 Nov. Nov. 48 Sale 1.50 1.10 Nov. 1.10 Nov. 93% Nov. 94% 10 50 2 20 10% 12% 35 22 % 33% Sale Sale 19% Sale page 56) at the expected level, Sweden most part of could find and conse¬ held boards. steady by the The foreign various trade and exchange control. The no way to offset the loss of its the United States Secretary of State countries. 9 Feb. 6 5 3 65c Mar. 26 Oct. 55c Jan. June 33 June 14 6 245 Nov. 9% Aug. June June 38% June 44% Jan. 12 May 1.00 May 84% May 20c Sept. 54% May 112 Apr. 82 Sept. Oct. 2.15 265 11 8 Mar. 12 27 May 6 29% Mar. 27 4% Nov. 26 75% Nov. 20 50 Apr. 5 17% Apr. 23 1.45 Jan. 11 95% Nov. 28 40c Jan. 3 9 72% Jan. Apr. 24 112 Nov. 83 Mar. 9 Nov. 71 Nov. 27 71 Mar. 75 Feb. 2 Nov. 13 Nov. 15 10 July 16 Mar. 15 35 Nov. 25 35 Nov. 40 1 37 Mar. 18 Nov. 35 37% 22 Nov. 20 19% Nov. 21% Nov. 23 33 Nov. Nov. 7 14% May 32 Sept. 90 Apr. 23% Jan. 19 Shanghai, which reflect the developments in the Far Eastern well as the European war, the other Far Eastern units these complications, and instrumentality of exchange control agencies. The London price for silver was 23%d. on Nov. 1, and 22% d. on Nov. 29. The Hongkong dollar was 23.06@23.32 on Nov. 1, and 23.41@23.62 on Nov. 30. The Shainghai yuan was 5.97%@6.25 on Nov. 1, and 5.65@6.00 on Nov. 30. Yen checks were 23.44@23.50 on Nov. 1, and 23.44@23.50 on Nov. 30. were in rates held steady through the no RATES OF way responsive unofficial or free market peso was 23.30@ 23.45 on Nov. 1, and 23.50^23.60 on Nov. 30. The Brazilian milreis was 5.02(go. 15 on Nov. 1, and 5.02@5.15 on Nov. 30. exchange was 5.17 on Nov. 1 and 5.17 on Nov. 30. nominally quoted at 16.00 throughout November. The Mexican peso was 20.85 on Nov. 1, and 20.80 on Nov. 30. the Far Eastern countries during November to follow much the same course Except for exchange on as to EXCHANGE ON LONDON FOR POUNDS STERLING Commercial Bankers' Bills Bills Cable Transfers bight 4.03%@4.03% 4.03% @4.04 4.00 4.03%@4.03% 4.03% @4.04 4.00 bight Nov. 1 Nov. 2 during many Hongkong and — SUN DAY Nov. 3 Nov. 4 Nov. 5 Nov. 6 4.03% @4.04 4.03%@4.04% 4.00 Nov. 7 4.00 8 4.03% @4.04% 4.03% @4.04% @4.04% Nov. 4.03%@4.04% 4.00 Nov. 9 4.03% @4.03% 4.03% @4.04 4.00 4.03% @4.03% J 4.03% @4.04 4.00 HOLI DAY 4.04 Nov. 10 SUN DAY Nov. 11 HOLI DAY Nov.12--_ 4.03% @4.04 Nov. 13 4.03% @4.04% 4.03% @4.04 Nov. 14 Nov.15 Nov. 18 Nov. 19. The Argentine May July 19% Apr. 1 situation Similar being carried on with most South Amer¬ previous months. 4 50 as Nov. 16. continued Oct. Jan. 8 32% Feb. 27 10% Aug. 7 130 Ex-divldend. x Nov. 17 on Nov. 57 33 21% 32% negotiations are Exchange 11c Apr. 4 Apr. 18 31% Apr. 23 8 14 10 83 100 thought, would seek a credit here of $100,000,000. was 12 July May Nov. 15 111 71 Phillips Packing Co 5 M% pf 100 with 7 95% Nov. 28 Nov. 29 55 Sale 55 Export-Import Bank. These several departments had been close study to possible methods of alleviating the Latin American exchange situation. Argentina, it was Peru A * giving Chilean Nov. 17% Nov. 23 16% Nov. 17 17c * 16% 1.10 89 Preferred 2.25 Nov. Nov. 42 8 20% Nov. 29 29% Nov. 9 4% Nov. 26 75% Nov. 20 28% Nov. 2% Nov. ..... representatives of the Treasury Department and of the ican June Nov. 14 254 Nov. 18 20 "~5% 64 43% European export trade. On Nov. 13 an Argentine delegation arrived in Washington and 9 70 20 1914, with the result that they have had for conferences Nov. 19 Nov. 14 48 17 28% more aggravated since the beginning of the The crux of the matter lies in the fact that America May 1% Mar. 1.40 measures present war. 25 Nov. 13c May 91% May Nov. 29 2.50 Apr. 6 Feb. 15 25% Oct. 18 83% Mar; 26 119% Feb. 10 21 11c 245 2 Penna Water & Power com 16 Nov. 28 1.25 eastern Baltic area), shipments to since Nov. 15 Nov. 7 Nov. 9 Nov. 12 42 foreign exchange situation of the South American republics has been in a difficult position except for occasional inter¬ vals Nov. 1 Nov. 27 Nov. 15 19% Nov. 25 17% Nov. 15c 18% 50 30 Nov. 29 70 116% 109% 6% 5% Feb. 20% Apr. 69 May 111% June 107% Sept. 5% Sept. 5% Nov. 33 1 100 35c the May Aug. July 1.35 May Nov. 29 1 18% 86 % exchange control national 17% Nov. 18 17% Nov. 1 75% 1 119 Nov. Nov. 13 111 Nov. 13 7% 7 Sale Nov. 7 17 Nov. 29 19% 18% 6 120% 119 Nov. Sale 29% Nov. 12 30% 120 19 10% Nov. 10% 2.25 2.25 Nov. 14 17% 17% the Latin American countries during Novem¬ on for was June 3 Feb. 20 37c 1.50 Nov. 30. on Sale Sale 6 46 1 be maintained Exchange Sale 120 6% "5H "6% Sale 103 303 quently that country could no longer take advantage of the credit as originally planned. Exchange on Switzerland was 23.20@23.22 on Nov. 1, and 23.20(^23.21^ on Nov. 30. Ex¬ change on Sweden was 23.82(^23.87 on Nov. 1, and 23.82%@ 23.86 Mar. 28 July 20 14 Mar. 8 July 20 80 June 3 100 May 21 101 16% Nov. 17% Nov. ----- 21 50 1 (Concluded from could .not 87 30c Nov. 1.95 Nov. 17% 15% 25 North Amer Oil Co com value. channels in the 100 37c 2.20 Of" Sale' 1 127 5% Preferred 64,075 U 8 Fidelity & Guar. 1,185 Western National Bank 40 SO 16 40c preflOO 27 Real Estate Trust Co 450 Seaboard Cnmm'l com 6,767 102 100 15% 17 17% Sale 21 20H Northern Central Ry Owings Mills Distillery 335 5 46 90 Nov. 12 100 1 AssoccQm v.t.c.l 309 National Marine Bank 29,601 New Amsterdam Casualty 2,363 1,025 Nov. 12 85 100 100 Mar. 28 36% Nov. 15 42% Nov. 18 Oct. 24 June 6 101 May 28 103% Jan. 12 79% Nov. 14 23 May 21 30 May 21 Nov. 14 Nov. 15 Nov. 18 10 85 * 2,521 Monon VV Penn PS 7% pref_25 1,621 MtVern-Woodb Mills com. 100 Preferred 100 1,763 210 No 100 100 277 Mercantile Trust Co 4,621 Merch & Miners Transp 14 Highest Sale Price* * 13,391 Houston Oil preferred 57,030 Mar Tex Oil Common class A 14,734 100 Martin (Glenn L) Co com 268 Maryland & Pa RH com 1,500 Lowest Sale Prices 100 * — 145 Guilford Realty Co 6% Common 20 Highest Sale Prices Sale 35 1 Davison Chemical Co com Eastern Sugar Sale 30 Georgia Sou & Fla 1st pref. .100 27 20 * * Oonsol Gas E L & Power— 495 1,350 * 50 Brager Elsenberg Inc com 2,154 40 32% 31% Ask 79% Nov. 14 79% 34 Nov. 6 36% 39% Nov. 4 42% 40% 41% 100 101 100% Nov. 8 101 102% Nov. 2 102 Sale 40 103% Lowest Sale Prices Nov. 30 Ask Bid 34% Sale 27 1 par 39,807 Arundel Corp 1,903 Atlantic Coast L (Conn) 10,394 Bait Transit Co com v t c 1st preferred v tc 24,770 65 Black & Decker common 175 Nov. Bid Ask Bid .. 1,707 1 ' 1940 BALTIMORE CITY BONDSAtlantic Coast Line Conn Certificates of indebt 5% Bait Transit Co 4s fiat 1975 A 5s flat 1975 B 5s 1975 Finance Co of Amer4^ ..1947 Georgia & Alabama Ry Co 1st mtge cons 5% 2,000 1945 500 Georgia Marble Co 6% 1950 1944 3,000 Interstate Co 5% 1946 4,000 Interstate Bond Co 6% Share* JAN. Price Jan.2 Since $ RANGE SINCE PRICES IN NOVEMBER BALTIMORE SALES In November Nov.20. Nov. 21 Nov. £2 Nov. 23 Nov. 24 4.03% @4.04 4.03% @4.04 4.03%@4.04% 4.00 4.00 4.03% @4.04% 4.00 4.03% @4.04 4.00 4.03% @4.04 4.00 HOLI DAY 4.03% @4.03% 4.03% @4.03% 4.03% @4.04 4.00 4.03% @4.04 4.00 SUN DAY 4.00 @4.04% 4.00 Nov. 26 27 Nov. 28 Nov. 29 4.03% @4.04 Nov. 30 4.03% @4.04 4.04 For 4.00 4.03% @4.04% Nov. 25 4.00 SUN DAY 4.03% @4.04 4.03% @4.03 % 4.03% @4.03% @4.04% 4.03%@4.04 4.03% @4.04 4.03% @4.04 4.03%@4.04% Nov. 4.00 4.03%@4.04% 4.03% @4.04% 4.04 @4.04% 4.03% @4.04 4.03% @4.03% 4.03% @4.03% 4.03% @4.03% 4.03 % 4.00 4.00 4.00 4.00 daily rates of foreign exchange usually given here see page 112. I Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales 1940 November 1939 450,196 Shares_ 474,122 - > AGOREOATE SALES * 1939 1940 Bond Sales November. $9,650* $73,400 1 BOSTON PRICES RANGE SINCE JAN. IN NOVEMBER 1 STOCK EXCHANGE In Since November Jan. 1 13,800 27,200 17,050 23,450 Shares 460 70 8,650 176 ; STOCKS Shares 1,180 '"177 434 1,558 14",881 1,330 2,570 ^ BONDS $ Boston & Maine RR— Par 1st mtge A 4%. 285,600 ...I960 Inc mtge A 4%% 589,200 1970 322,050 East Mass St RR ser A 4%s '48 Series B 5s. 100,150 .1948 Series O 6sJ^. 17,000 1948 Snries D 6s 1948 39,650 115 _ _ - 19 815 310 997 1,005 Preferred Prior 27,137 7,531 2,976 2,020 50 75 654 2,871 175 20 """610 145 275 1,864 38 5,670 """372 1,107 1,538 """238 390 135 7,115 100 "'"842 10 t 127 329 1,160 5 50 300 """273 1,565 55 465 71 $83 27)0 2,882 870 1st pref Class C 1st pref 1st pref class O "11430 7,550 16 619 639 10 643 6,770 1,110 436 200 2,205 2,872 3,031 1490 5,298 757 9,067 1,032 240 70 stpd 100 100 5 25 * 4 %% cum prior pref 14,373 6 % cum preferred 15,101 3,191 East Mass St Ry Co First preferred 2,185 Preferred B 2,828 Adjustment 3,088 52,960 Eastern SS Lines, Inc Preferred 1,384 107 Economy Grocery Stores 24,398 Employers' Group Assoc 637 General Capital Corp Georgian Inc (The)— 447 8% cum class A pref 2,029 Gilchrist Co 11,962 Gillette Safety Razor Co 941 Hathaway Bakeries class A 100 100 100 common 3,675 National Tunnel & Mines 450 N E Gas & El Assn pref 19,389 New England Tel & Tel Highest Lowest Highest Sale Prices Sale Prices Sale Price* 70% 18% Sale" 68% 17% 99% 101% Nov. 7 70% 18% Nov. 23 Nov. 1 104 Nov. 6 104% 67 % July Nov. 22 Nov. 4 Nov. 30 Nov. 26 26 17% Nov. 23 74% Aug. 23% Aug. 3 2 Nov. 30 87 June 14 104 86 June 12 104% Nov. 26 101 July 2 106% Apr. 96 Nov. 15 10 10 June 24 106% Apr. 20c .... Sale 92 U* ga!e TO 145% Sale Sale "44% Sale" 18*4 Sale Sale 1 2% 165% 2% 100 9% 89% 10% Sale 34% 44% Sale 19 Sale 1% 1% 50c 6 2 Sale 2 3 , 2% 14% 17 19 1 6% 4% 7c 2% 43% 20 99c 1% 7% X 5 20c Sale Sale Nov. 15 Nov. 1 % Nov. 6 30c 9 1 Nov. 19 19 1% Nov. 18 Nov. 14 165% Nov. 1 167% Nov. 9 %6 Nov. 13 %, Nov. 13 2 2 100 Sale 2% 1% a\* Sale 2% 2% 101% 4 101% Nov. 10 Nov. 9% Nov. 14 95 Nov. 10 Sale 90 Sale 89% Nov. 1 92% Nov. 31% 45% 19% Sale Sale 31% Nov. 26 43% Nov. 6 18% Nov. 8 35% Nov. 47% Nov. 19% Nov. i* 50c 5 i* Sale 3 1% 1 Nov. 20 1 % Nov. 1% 2% 1% 2 1 1 2 2% 2% 2% 1% 2% 2% 1 3 12% 12% "13"" 2 Nov. 2 §* 2 »X 2 1 % Nov. 22 1% Nov. 22 1 % Nov. 23 2% Nov. 4 2% Nov. 75c 7 15c 5 5c 3 8 4 7 70 10 20 30 4 18 Sale 2 3% 1% 4% 20 2 Nov. 2 Nov. 20 12 24% 10c 3% 3% 2% 43 36 27c 75c 10c 20c % 10c 4 4 3% 3 % 5 Sale 25 Jan. 20 26 Apr. 23 Apr. 20- 9 25 22 Nov. 7 24% Nov. 29 27% Nov. 14 10c 10c 4% Nov. Nov. 9 3 June 20 3 Nov. 3% 1% 12% 5% Nov. 7 1 % Nov. Nov. 9 10c "21% 5% _____ 1% 38 30 118% Sale 5% 8 Sale 36 Sale "2% 4% Sale 4% 3 % Nov. 2% Nov. 8 1 10c 19 Nov. 15 Nov. 78c Nov. 18 10c Nov. 10c Nov. 12 122% 2% Sale 2 116 Nov. Nov. Sale 36c 80 Sale Sale 22c "35c" 25c 5c 28c 21c 5 Nov. 7 1 2% Nov. 9 6 125% Nov. 22 12c Sale * * 12 Sale 1.00 44 30% Sale 40c 90 7 1 99 7% 1% Nov. 13 18c Nov. 12 35c 4c Nov. 20 5c 20c Nov. 23 Nov. 20 20c Nov. 30 Nov. 1 26 13% 22% 1% 9 1% 10 12% 21% 1% 8% 1% 9% 7% 29 Nov. Nov. 1 Nov. 1 Nov. Nov. 4c 5 1 Nov. 15 2 Nov. 9 Nov. 29 9 Sale Sale 50c 1% 110 Sale 30 5c 34 55% 44% 44c 1 99 Sale 43% Nov. 6 44% Nov. 25 45c 6 75c 45c Nov. Nov. 55 9 10 107 9 1 1% 32 70 7% Nov. 1% Nov. 29 1 9 Nov. 29 9% Nov. 19 1% Nov. 18 30 Nov. 15 - 25 25c Jul? 2 Oct. Jan. May 25 30 8 4 18 52c 16% 28% 1% 9% 4* 9 5 75c 9 May 13 Apr. 24 June 28 Jan. Jan. 16 12 Feb. 6 Feb. 17 5 Mar. 14 45% Apr 5 33% Mar. 16 5c 35 llv> 62c 2 25 June 10 102 Sent. Nov. 19 Apr. 8 Sept.24 12% Jan. Oct. 5% May 21 % May 21 25 July 18 7 26 % Feb. 21 May 8 Oct. 4 39% June 35c May 22 2% Feb. Apr. 22 Apr. 20 May 16 Nov. 20 25% Jan. 1 8 6c 84 60c 27 Juiy 19 22% May 22 Nov. 15 92c 7 " Nov. 3 Nov. 12 2% Nov. 38% Jan. 17 30% Nov. 59 2 27% Nov. 14 6% May 11 22 7% May 21 5% May 21 35 2 2% Mar. 19 10c 4 1 7 Nov. 22 Feb. 25 65 9 Nov. 24 Feb. Jan. 2 15 Nov. 55 8% 29 34 Apr. Apr. 24 9 8% Feb. 27 6 Sale 4 20 18 20 Nov. 20 5c .4* 4 16- Jan. 6% Mar. 23 137 1 6 ni Jan. 7% Au^. 11c 34% 30 1 50c 30% 4 23 20 1% Nov. 10% Nov. 50c 30 Apr. 24 May 22 10c •8 July 7% May 23 14% May 22 % Aug. 31 Nov. 23 14% Nov. 38 1% 27 61 20c Oct. Nov. 4% Jan. 4c Apr. 1 May 27 Sept. 108 May 4 Apr. 63 May %» Apr. 35c Aug. Nov. 19 8c 12% 21% 1% 8% 12 84 35c 9% 35"" 46c 2% Nov. 12 Nov. 19 5c Sale 60c 35c 84 Sale 11c Sale 47c 40c 1-3 Nov. 16 Nov. 12 45c 26c 1 Sale 57% 43% 36c Sale 30 28 24% 84% Sale 43% Sale 55c Sale 37 10c Nov. 19 22c 8% 1% 9% 9% Sale 69 80 Sale 2% 9% ..... 5c 27% Nov. 14 21% Nov. 4% Nov. Feb. 18% Jan. 26% Apr. 31% Jan. Juiy 20 6 % Apr. 20 2: 25c Sept. 18 6 6 12% Jan. 12 1% Jan. 11% June 26 2 4% July 15 May 21 % Aug. 12 Nov. 22 5c "2% 3 Nov. 25 60c Sale % 1% 11% 10 Nov. 15 20c Sale 6% 1% 25% 10c 10c Sale 80 22 1% 14% * * 915 Warren Bros 544 Warren (S D) & Co common..* Oct. 74% Nov. 15 4 16% May 22 23% May 21 Nov. 15 Nov. 14 4 June 4 24% 1% 2 20 9 20c 10c 3 27 2 10c 10c Jan. 25 25c 75c Nov. 14 40% Nov.1& Jan. Nov. 11% Nov. 4% Nov. 18% Nov. A** 60 8 9 Mar. 29* Nov. 14 24 Nov. 3% Nov. 2% Nov. 2% Nov. 13 24 Nov. 25 Sale 1 100 May May 1% Aug. 2% Aug. 40c 19 2% 15c 17 Sale Feb Apr. 11 19% Jan. 57 1% Mar. 8% Feb. 21 7 Nov. 5% IK §8 54 40c 11% §* 18 50c Sale 1 June 38c 14% 7c 1% May 23 May 21 12% May 22 75c 9 3% 1% 1% 14 16 11% Sale 4% Sale 19 21% 16% 75c 1% 62 %c 3 5 2% Jan. May 3 Apr. 20 July 3 May O Mar. 28 May 7 May % Mar. 6% Nov. 23 38c 4 3 7c Jan. Nov. 20 7 59 60c 3 Nov. 19 38 69 38 Nov. 26 Nov. 23% 1% 9% * 2,631 Suburban Elec Secur com 2d preferred * \\2 Torrington Co (The) * 29,$27 Union Cop Land & Min Co..25 200 5 7,372 Union Twist Drill.. 25 45,476 United Shoe Mach Corp 6% cum preferred 25 4.286 18 38 * 10 Oct. 42 50 25 * Nov. 23 40 16 % 22c 7 18 Nov. 22 2% Oct. 15 1 2% Nov. 28 May 23 1% Sale 10c Feb. May 2 12% 1% 26c May 15 2% 37% Sale Mar. 27 13% Nov. 14 1% Nov. 20 3 Nov. 4 4 26 13 23% 26% 5 18 17 12 15 23 Jan. 74 % Nov. 15 27% Nov. 14 12 22% 27% 26 Mar. Apr. 3% May 23 Nov. 14 60 25 30 July Jan. Sept. 45c 1% Nov. 22 Sale Nov. 14 Jan. 5 10% Jan. 4% May 21 17c 40% Nov. 15 12% 36 64c 9 3% Nov. 14 6 7 73 6% 125 Nov. 3 10 Sale 5 Apr. 23 1% Feb. 13 11% June 12 Nov. 7 Nov. 8 Nov. 14 Nov. 14 17c Nov. 19 6% Nov. 9 12% 11% % 8% 55% Nov. 34% Nov. 70 3 1X 36% 3% Sale 10 Mar. 28 5c 14 58% 36% 10 7 2 16c 70 5 * 3 Sale % Nov. 14 6% Nov. 6 17c Nov. 19 4% Nov. 1 69% 10% 1% 3% 6 3c 5c Nov. 26 Jan. Feb. lit 75c 2 4% 3% 5% 63c 70c 4% 15 16c 1% Sale 9 75c * 1 Sale 7% 15c 11% Nov. 14 70c * 2% 85c JX 63c 12% Sale 1.00 61 1% 4c 1 12% 9% Sale 1 14% 6% 21% 13% Mar. 12 32% Jan. 3 1% 1% 1% 1% 8 2% Nov. 2% Nov. July 16 1% June 8 Nov. 2 Jan. May 22 2 3 8 2 18 17 11 Jan. 22 3 103 July 8 8 May 11 12% 14 z66% May 29 92% 126 May 23 149% 1 33% Oct. 23 36% 38% May 23 50% 12 4 16% June 20% 30 2 Jan. 2% Apr. 11 8% 4 2% 1% 2 60c 2§ 80 9 Oct. Sale 15% 23% 30% 100 ; Jan. 15?| May Nov. 12 Nov. 12 Nov. 8 6 4% Nov. 30 1 % Nov. 23 56% * * ...25 1 1% Apr. 5 13% Feb. 144% May 28 2 Sale 36 23 100 20c 21 21 * 1% 1 14 * 15 25 35c 20 Sale ' 166% Sale 95 Sale * * 1% % 9% 16% 3% 20 30c 31% 2.50 100 Keece Button Hole Mach 1.285 Reece Folding Mach Co 24,408 Shawmut Assn 12,603 Stone & Webster Inc. Sale 30 100 Mills TMvor Oil Horn 171 15% 2% 3% * Sale- 17 58 100 30 "1% 100 136,657 North Butte Mining 228 Northern RR (N H) 3,276 Old Colony Certificates of deposit 4.073 3,878 Old Dominion Co. Ex-dividend Ask 100 common 6% cum pref 15 4,603 N Y N H & Hartford x 50c 1% 100 ..100 4,756 Maine Central Preferred 5% 100 2,348 .1 8,982 Mass Util Associates vt c 600 Mayflower Old Col Cop Co..25 11,278 Mergenthaler Linotype * 29,851 Narragansett Rac'g Assn Inc.l No par value* 101% 101% 15 * 6,835 Isle Royale Copper.. 904 Loew's Theatres (Boston) Venezuela Holding Corp Vermont & Mass Ry Co Waldorf System Inc.. 35c 100 1 413 lnt'l Button Hole Mach Co__10 Utah Metal & Tunnel Sale 69% 18 Sale 17% 99 99% Sale 101% 102% 104 * Preferred 1,507 Class B 3,943 1,205 Helvetia Oil Co T C 41,343 1,840 4,407 4,814 Lowest Sale Prices Nov. 30 Ask Bid 101% 101% 2% Sale 2% 2% 1% 2% 1% 2% 2% 3% 154 3 287 East Boston Co 10 5,009 Eastern Gas & Fuel Assn com.* Pennsylvania RR Quincy Mining Co 96 100 1,994 Brown & Durrel Co common.* Pacific 93 96 2 100 12,741 Calumet & Hecla 298 Cliff Mining Co 23,077 Copper Range Co 6,675 37,212 8,220 3,934 Bid 69% "92"" "94" 100 _ 100 Wirhita • 100 CI E 4 % % cum 1st pf std 100 14 9,881 Boston Personal Prop Trust*. * 100 1,303 Boston & Providence 29 New River Co 571 stpd Class D 1st pref stpd 100 Class D 1st preferred....100 1,300 National Ser Co """355 100 1st preferred class A Class B 1st pref stpd 1st preferred class B 391 """305 100 preferred Class A Nov. 1 Ask par 7,296 American Pneumatic Service. * 6,458 6% non-cum preferred 50 First preferred 2,891 50 110.876 American Telep & Teleg 100 2,078 Assoc Gas & El Go class A 1 330 Bigelow-Sanford Carpet com.* 1,300 6% cum pref 100 5,628 Bird & Son, Inc * 17,724 Boston & Albany 100 22,164 Boston Edison Co 100 46,312 Boston Edison (new) 25 15,967 Boston Elevated 100 15,757 Boston Herald Traveler Corp.* 748 Boston & Maine pref stpd__100 Common (stamped) 1,352 100 " "3457 Bid Jan. 8 Oct. 3 Mar. 20 Oct. 1 Apr. 12 Mar. Oct. 7% Oct. 2 23 3 Mar. 31 7 18 A SO nr. RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE Stock Sales November- AQQREQATE SALES, Shares 71 65 872 103 172 482 PRICES IN NOVEMBER STOCKS Jan. 1 Shares 333 . 261 9,788 19 410 2,210 19,364 285 200 58 219 •» mm 138 95 22% 23% 6% 5,950 1,225 1,981 5,390 Colonial Finance Co common. 1 Commercial Bookbinding.—.* Dow Chemical 5% pref.... 100 Eaton Mfg. Co.common.....4 802 Elec Controller & Mfg ....* 515 Faultless Rubber Co com—.* 1,040 Fostoria Pressed Steel.......* 6,127 u General Electric com...—..* 2,064 General Tire & Rubber com..5 Preferred 247 100 687 361 60 20 98 140 1,057 532 718 450 341 275 1,374 139 9 112 240 552 3 255 531 mm- - 10 mmm ^ 684 315 1,672 551 «•-» - 1,288 680 70 8 mmm - 205 900 176 265 75 3,890 2,896 119 com.. 10 * 2,447 uGlidden Co common... 6,704 Goodrich (B. F.) Co.common * 2 $5 cum preferred.. ....* 6,841 Goodyear Tire & Rub com * 962 Great Lakes Towing...... 100 Preferred 641 ...........100 1,143 Greif Bros Cooperage A com.* 693 Halle Brothers.............5 Preferred. ..........50 1,414 506 Hanna (M A) $5 pref....—.* 2,345 Harbauer Company.........* * 3,293 ulndustrial Rayon com 4,924 ulnterlake Iron common.....* 10,155 Interlake 83—............* * 1,766 Jaeger Machine * 5,891 Kelly Island L & T... 12,104 Lamson-Sessions... ..—...* 1,254 Leland Electric.............* 1,390 uMartin (Glenn L) common..! 684 McKay Machine............* 1,127 McKee (Arthur G) class B...* 3,819 Medusa Portland Cement....* 2,835 Metrop Pav Brick Co com— * 72 Metropolitan Pav'g Brick pf 100 2,500 Midland Steel Prod....—...* .* 5,652 Miller Wholesale Drug 607 1,753 200 143 258 45 982 819 a u "24% 4% Sale 4% a4% Nov. 22 44 12% 94 16^ 1% 58 13 87 16 97 18 3 63% 36% 18% Sale 17% Sale n7% 12SH 33 Sai* 115 3% 40% 22% 26 Sale 85% Nov. Nov. Nov. Nov. X 70 70 15% 17 10 16% 34% 12% 68 12 11% Nov. 6% Nov. 114 112% Nov. 33% a33% Nov. 6 41 23% 14% Nov. al5% Nov. al2 Nov. al02 -as Nov. al4% Nov. al2>| Nov. "18** 17% Sale 8* 14% 14% 43% 21% a!6% Nov. 18H Nov. Nov. 70 Upson-Walton.............. 1 X Nov. Nov. 20 Weinberger Drug Stores...... * x a36% Nov. 6 6% Nov. 19 x x a20% Nov. 20 a21% Nov. 20 a2% Nov. 18 30% Noy. 12 Reflects prices w 1 Nov. 6 al6 Nov. 30 4 NQV. a22M Nov. 13 a22% Nov. 20% a6% Nov. a9% Nov. Nov. 12 11 11 al2 12 6% Nov. Nov. Nov. Nov. Nov. al7H a20% 36% a3% 16 22% 36 % 4 a7% Nov, 12 al8 Nov. Nov. Nov. Nov, a24% Nov. 38 a Nov. 4% Nov. 1% % May 28 1 % July 5 z9% May 21 zl8% 30 Feb. 29 30 % 4 May 28 24 % 13 zl7 12% May 20 15 8 z5% June 10 z8 H z7 9 May 21 zl2% 12 9 19 May 21 8 10% Oct. 2 14% 7 zlO May 25 18 9 zl4 May 21 z24% 31 12 May 22 40** 13 z3% May 23 z8% 8 8 63 35 35%' Sale 30% 50% 3% 10% 14% 66% 4% 33 35% Nov. Nov. 10% 12% 46% 12% 47% 28 28% 3 Nov. 30 a7% Nov. 6 3 1 8 Nov. 30 a9% Nov. 20 Nov. 28 15 13% Nov. 7 a66% Nov. 27 a76% Nov. 9 5% Nov. 8 5% Nov. 13 4 Nov. 2 4% Nov. 12 Nov. 15 5 Nov. 8 Nov. 4 % Nov. 4 6 9 Nov. 9% Nov. 13 62% 1 35% Nov. a35% Nov. a32 34 48% 50 2% 3 7% 8% 13% 15 69% 70% 5% 5% 4% Sale 5 6 % 1 9 10 M 41% 42% 40% Nov. 15 50 15% al4% Nov. 1 al6 % Nov. 7 41 a39% Nov. 29 a45% Nov. 9 19% 20% 17% 18% 50 in ortmary markets on which odd lot sales Unlisted. Nov. Nov. "14"" "l4% were based. 14% z ^ zl2% June 15 zl9% Jan. ' 4 8% Mar. 6 27% Nov. 20 4 4% Apr. 13 May 21 8% Apr. 19 6% Jan. 11 z45% May 21 z66% Apr. 3 Apr. 18 z8% May 21 zl5 95 85 Jan. 26 Sept.19 zl9 May 22 z29% Apr. 25 Mar. 15 a5% Nov. 8 z4% Nov. 13 z7 Mar. 27 70 Mar. 20 75 a9** Nov. 15 z8% Oct. 16 zl4% Jan. 26 x Feb. 6 z85 Sept. 26 z98 al6M Nov. 1 zl2 May 20 16% Jan. 11 2 Feb. 23 2 Nov. 13 1 % Jan. 13 Nov. 30 74 46 Nov. 30 May 20 74 x zl08 May 21 zll4**Jan. 10 a35% Nov. 7 z26 8 May 21 z43 % Apr. May 9 27% Nov. 4 17% Jan. 13 36 Nov. 12 20 Nov. 12 12% May 28 20 13 10 % May 18 Apr. 8 11% Nov. 8 8 6 8 Apr. 6% Nov. 15 Sept. 25 5 Apr. 113% Nov. 1 112% Nov. 1 117 9 Apr. May 22 z37 a35% Nov. 1 z22 Jan. 3 38** May 24 50 6 14% Nov. 27 17% Jan. 15% Nov. 16 3 al7H Nov. 14 zl2M May 21 z21% Jan. 6 June 28 Nov. 13 3% Feb. 19 Jan. 2 a35% Nov. 7 z26% May 21 z41 al5% Nov. 8 zlOM May 22 z23% Jan. Nov. 27 z98 al02 May Aug. 3 zl06 Nov. 8 zll al6 May 21 zl9% Jan. a!5% Nov. 15 zlO May 21 z20M Apr. z45 May 21 z69% Mar, al9% Nov. 15 zl2% May 22 z24K Apr. 22 Nov. 22 Sept. 19 13% Feb. 26 20 50 Feb. 1 70 Sept. 17 70 Nov. 9 Jan. 25 36 June 20 50 Jan. 22 10% Nov. 20 10** May 20 15 39 41% Nov. 16 July 19 42% Apr. 12 June 25 zl05**Mar.30 al05**Nov.23 z95 4 Jan. 29 5 Nov. 7 3 Jan. 4 Jan. 3 a26% Nov. 1 zl6% May 21 z29 4 z6% May 21 zl2% Jan. al2% Nov. 9 44 Nov. 1 34 % May 28 44 Apr. 5 18 Nov. 14 12% July 3 17% Feb. 17 Oct. 26 12 15 % Nov. 4 May 22 16 4 Jan. 3 2% June 10 3% Nov. 1 14 Nov. 27 10 May 21 13% Mar. 13 z47 % Apr. 16 z26% June 25 X May 9 16% Feb. 7 18 May 13 35 Nov. 1 26 May 28 35 13% May 13 20% Nov. 16 20% Nov. 16 1 % Apr. 11 % Nov. 19 1 Nov. 1 Jan. 8 x 60 Jan. 8 60 8 a40** Nov. 26 z23% May 21 z40** Apr. 8% Apr. 19 7 Nov. 28 4% Jan. 30 x z24% Feb. 18 z47h Sept.23 x 9 z6% May 28 zl3% Apr. 9 Apr. z41 July 15 z53 a23% Nov. 7 zl3% Feb. 23 z2l% Apr. 30 4 z27 Jan. a24% Nov, 1 zl3% May 21 6 z2 July 5 z3% Apr. a2% Nov.. 7 32 Nov. 9 30 • June 5 41% July 30 55 Apr. 10 44 » Sept. 17 % Nov. 26 al4 30 15% pref .100 6,632 YoungRtown Sheet & Tube.. * 5% % cum pref ser A.. 100 30 790 uYoungstown Steel Door com.* 1 1 % Nov. 19 Van Dorn Iron Wks Co com.. * Vlchek Tool • Warren Ref & Chem com....2 210 W R I Corp 6% prior 6,360 White Motor 6 4 9 10** Nov. 20 41 Nov. 13 al03% Nov. 6 3 % Nov. 2 a24% Nov. 29 al0% Nov. 2 41 Nov. 30 15 % Nov. 1 15 Nov, 20 3% Nov. 19 13 Nov. 4 34 Highest Sale Prices _ Nov. 6 a32% Nov. W Ricbman Bros..........—..* 996 Union Metals Mfg Co.......* uU S Steel common... ..* 16,549 5,242 14,632 1,350 1,582 2,483 Nov. [33 26 17 114* 33% 28% 20 21% a 9% 17% alSK'Nov. 1% Nov. AA Sale 30% 50 17 21 88 17 27% 18% Sale 11% 11% 5% 116 295* 49% AA 93 1% AA 70% Sale 113 115 36 14 "9% "13"" Patterson-Sargent. ......* Reliance Elec & Eng com....5 uRepublic Steel common * 1,547 uTwin Coach common—....1 97 "23% J* 95 25 Otis Steel Co common.......* Packer Corp ..—.—.* 55 2,558 27 16 4% Sale 7% 7% 54K 53% 11% 12% 55 Ohio Confection Co cl A com.* * 5,229 t/Ohio Oil common 100 20 6 Lowest Ask 851 Monarch Machine Tool Co...* 1,574 Seiberling Rubber Co com...* Sparks Withington Co— 6% cum conv pref......100 32 Stouffer Corp— Class A $2.25 cum pref.....* 397 6,338 Thompson Products Inc com.* 669 uTimken Roller Bearing com. * 1 3,565 Troxel Mfg 269 "5% 1,330 Murray Ohio Mfg....——...* 285 Myers (FE) & Bros Co com..* 8,726 National Acme Co com 1,749 uNat Malleable Steel Cast com* * 12,643 National Refining........ $6 prior preferred—.——. * 3,724 8% cum pref —100 52 5,295 National Tile...............* 2,918 Nestle LeMur "A". 7,877 «N Y Central RR com......* 505 Nineteen Hundred Corp A...* * 1,024 Ohio Brass class B—.... 8,256 2,555 2,493 3,520 23,850 29,265 1 Sale Prices Highest Sale Prices Sale Prices 16 a!5% Nov. 29 al6% Nov. 22 Nov. 2 27% Nov. 20 24 27 4% Nov. 6 4% 4% Nov. 1 8 Nov. 28 7% Nov. 6 Nov. 8 a48% Nov. 23 a56 Nov. 8 al3 Nov. 13 13 % a 12 Nov, 12 90 Nov. 12 90 15% 60 % 13 10 700 15 87 1,382 uFirestone Tire & Hub m mm 18% 9% 12% 8 Lowest Nov. 30 Ask 59% 80 946 242 9 172 Bid Apex Electric & Mfg..——.* 12,145 Brewing Corp of America 3 49 Canfleld Oil common......100 11,139 City Ice & Fuel............. * 296 100 6%% preferred— ........1 1,596 Clark Controller 8,684 Cleveland Builders Realty...* 22,842 Cleveland Cliffs Iron $5 pf—* 201 Clev El 111 $4.50 cum pref * 4,086 uCleve Graphite Bronze com.l 18,642 Cleveland Rys .........100 94,713 Cliffs Corp... ............5 8 Ask uAmerican Home Products...1 "i",l85 704 Bid 18% 699 Prior preferred ..100 924 uBond Stores common—....1 - Nov. 1 1940 Par 1,368 uAddressog-Multigraph com. 10 Air-Way El AppU 1st 7% pf 100 Akron Brass Mfg com (new) ,50 Amer Coacb & Body —_5 1,309 3,452 2.718 2,133 2,583 RANGE SINCE JAN. Price Jan. 2 Since 21 m mm- Jan. 1 to Nov. 30 CLEVELAND STOCK EXCHANGE In November 1939 1940 November- 47,329 454,502 68,791 491,791 Jan. 1 to Nov. 30 Bond Sales 1939 1940 Shares- Nov. 15 Mar. 13 65 Oct. 23 35 z25% May 28 z35% May 21 2% Oct. z6% July 12 July z42 May 4 Aug. 3 May 4 Aug. A 50 Oct. x 26 Jan. 3 2 Feb. May 10 _ Mar. 13 May 7 Mar. 3 Sept. 23 Mar. 11 Oct. 17 Nov. 9 Mar. 12 Jan. 5 Aug. 15 June 19 Apr. 16 3 31 Feb. 14 23 12 21 23 22 27 Mar. 8 Mar. 7 21 14 z7% May 21 z26% June 10 80 May 28 zl2% May 21 Reflects range of prices fe. primary markets. 4 Jan. Jan. May 23 June Jan. No print Nov. 9 Jan. 20 13 27 21 Jan. 2 Jan. 26 Nov. 17 July Feb. Feb. Jan. 3 Nov. 25 Jan. 4 sales only* Detroit Stock Exchange MONTHLY AND YEARLY RECORD DETROIT STOCK EXCHANGE RANGE OF PRICES ON November 1939 297,491 Shares. 320,408 AGGREGATE SALES Since November Jan. 1 STOCKS Par 6,540 2,750 3,069 300 _ 11,090 24,700 10,101 46,814 Bid 1 5 Auto City Brewing common. .1 19* 2 22* 2 4 4 Allen Elec & Equipment.. Atlas Drop Forge common Baldwin Rubber common 1 2.647 Bohn Aluminum & Brass.::.—5 2,971 Bower Roller Bearing. 5 53,272 Briggs Mfg Co common 12,816 Brown-McLaren Mfg Co 28,099 Burroughs Adding Mach * 1 * 12>*c * 25c Ask 36 23 252* ?72* 90S* 16 X 90c * C.nrn 83 14 Hasffi "Prnrhinfja I $ Sale IX 892* 7.56C Burry Biscuit Corp 1,017 Capital City Products 18,283 521 3,673 3,410 8,295 830 11,207 95c 75c 3,078 1,262 110 1,490 13,444 8.262 610 """660 519 " "i'716 1,101 3,465 1,537 955 4,887 """540 6,232 4,886 13,005 700 804 "740 525 1,071 41,684 8,800 Detroit Edison Ulv Sale 82* 60c vu WluV U i-" Ml V vVIULIot 560 15" 270 2,900 1,150 290 1,728 «... — 1,686 6,265 899 1,868 930 13,822 6,253 7,407 454 4,610 5,170 370 1,272 3,250 1,690 1,070 598 3.585 100 6,390 1,828 50 1,415 3.214 4,675 370 1.625 1,645 373 " "l"860 3 84 28 7 37 27 23 2* Nov. 75c Nov. 6 27 50c 1 Nov. 12 26 3* Nov. 12 92c Nov. 20 4 Nov. 12 83* Nov. 50c 112* June 13 H May 22 52c Aug. 24 73* July 15 50c 7 Sept. 16 July 11 16 32* 12* 85c 32* 12* ^ 1 35* 15* 4 80c 13* 765* Nov. 27 152* Nov. 7 85c Nov. 4 3 5* Nov. 6 1 2* Nov. 8 825* Nov. 15 16 Nov. 15 13* Nov. 14 42* Nov. 14 12* Nov. 27 15 Oct. July 22* May 12* Oct. Nov. 20 Federal Motor Truck Frankenmuth 53c Sale 55c 114 Sale 117 ~~ix "1X 1% ix 15* 1 x 152* "15* "12* 22* Sale 3 1,416 Gemmer Mfg Co class A * Class B * 1,593 9,333 General Finance Corp com.._l 86,426 General Motors 42,666 Goebel Brewing 10 common Co common. .1 Graham-Paige Motor com .1 18,925 Grand Valley Brew common. .1 5 34,461 Hall Lamp Co. common 158 Home Dairy class A * 8,915 Hoover Steel Ball common. .10 8,068 Hoskins Mfg Co common. .2.50 Sale 52* Sale 292* 52* Sale 14 22* Sale Sale 75c 3J 32 14 15 32* 2 "52* 32 11 22* 52* 73c 62* '152* 182* 132* 32c 133* * 10 1 50c 75,700 Mid-West Abrasive com 3,770 Moore (Tom) Distillery Oo...l 25,694 Motor Products Corp com 10,635 Motor Wheel common 108.834 Murray Corp common * 5 10 com ♦ * 13,694 Rickei (H W) & Co common..2 * 14,445 River Raisin Paper com 10 14.328 Scotten Dillon common 80,394 S heller Mfg Co common 4,010 Simplicity Pattern common 35.597 Standard Tube Co class B 1 II 1 7,753 Stearns (Frederick) common..* 5% cum part pref... 214 100 10 31,989 Timken Axle common 47,221 Tivoli Brewing Co common. .1 _1 6,075 Udylite Corp common * 5.149 Union Investment Co com 61. 50 23* Nov, 30 Nov, 28 49 ..... 22* 9 2 2* Nov. 1 1 83* Nov. 19 Nov. 14 Nov. 9 Nov. 9 Nov. 12 40c Nov. 15 83* Nov. 8 2lA 543* 22* 13* 12* ... 2 12* 193* Sale 19 102* 195* 122* 195* Nov. 14 122* Nov. 12 192* Nov. 112* Nov. 372* Sale Sale Sale 12* 13 133* 42* 42* Sale 43c 12* 15* 132* Nov. •42* Nov. 32c 12* 142* Nov. 9 52* Nov. 12 49c Nov. 15 Nov. Nov. 1 5* Nov. 22 60c Nov. 14 51c 55c 57c 242* 25 252* 26 253* 4 42 4 15* 12 12* 22* 23* 13* 43* 15* 83c 42* 95c 63* 72* Sale 12* Sale 68c 33* 72* 1 3* 37c "U2* "l2" 152* 6 162* Sale Sale 20c 12* 8 8 32* Sale 442* 192* 82* 12* 6,2* 12* Sale 202* Sale 12* 62* 2 "22* "32* 22* 245* 42* 12* 13* 12 96 23 22* Sale 25 5 132* 172* 3 j 15* 75c 52* 7 3* Sale 43c Sale 172* 13* 17c 12* 63* 66c Sale 4 12* 55c Nov. 255* Nov. 32* Nov. 15* Nov. 253* Nov. 9 Nov. 4 12* Nov. 8 4 Sale 90c Nov. 18c 17c Nov. 18 1 1 12* Nov. 12 82* 7 73c 70c Nov. 27 Nov. 6 12* Nov. 28 Nov. 12 19c 15* Nov. 29 8 Nov. 8 76c. Nov. 18 5 65* 12* 7 13* 122* 17 3* Sale 72* 3 3* Sale 32* 313* 13 2* 18 Sale 32 2* 213* 10 12* 62* 12* 1 2* 2 2* 13* 20 42* 13* 132* 15* 12 33 22 3* 12 Sale 82* 13* Sale Sale Sale 23 43* 12* 24 Sale * 4 Sale 1 5 72* Nov. 7 2 Nov. 4 Nov. 8 Nov. 8 47c 13 2* Nov. 1 14 2* Nov. 175* Nov. 22 63* Nov. 6 8 182* Nov. 9 83* Nov. 14 122* 13* 75* 13* 13* 2 2* 13* 20 20 2* 12 3* Sale 7 2* 1 13* 22* 12* 21 42* 5 1 12* Sale 15* Sale 102* Sale 12 4 42* 28 12* 42* 2 3* 282* 4 8 Sale 73* ix 153* 5 Sale 2 14 53* 15* 3 4 s* 5 8 50 282* 12* 42* Sale Sale 33* 42* 42* 1 !* 163* 42* 12* 292* 13* 42* 3 2* 43* 82* 82* Sale Sale 3 3* Nov. Nov. 8 Nov. 7 32* Nov. 27 313* Nov. 29 23 3* Nov. 7 102* Nov. 6 12* Nov. 7 7 3* Nov. 8 15* Nov. 6 13* Nov. 1 2 J* Nov. 25 15* Nov. 26 235* 133* 12* 75* 13* 1?* 23* 13* 20 21 42* 13* 12* 102* Nov. 4 6 Nov. Nov 26 6 Nov. 7 Nov. 99 1 22* 12* 19 32* Sale 100 "5 * 11 8 3 5 Feb. 2 Jan. 8 Jan. Nov. 23 283* 1 2* 4 2* 2 3* Nov. 6 1 Nov. Nov. 29 Nov. 19 4 No\. 6 8 Nov. 34 6 Nov. 27 Nov. 8 Nov. 8 50c Oct. 13 July Feb. 21 Feb. June 4* 205* Jan. 102* May 23* May 2 May 193* Nov. 3 5* June 155* 45* 25* 322* 65* Feb. Mar. 15 Jan. 3 8 Jan. 25 Jan. Apr. 23 Jan. 30 13 2* Jan. 24 5 33 June 25* Jan. 56 Apr. 32* Apr. 12* Jan. 30c 80c Apr. 135* Apr. 6 Apr. 195* Nov. 142* Feb. 28 1 May 162* Apr. 65* Feb. Sept. 55* Feb. 5 July 142* May 10 May 28 May 9 May 3 May 1 May Feb. 26 Feb. 24 45* Mar. 154 Jan. May 14 75c July 11 Sept. 30 12* Nov. 12 5 May 24 60c July 11 16c 26 65* Nov. 1 2* Jan. 40c Aug. 92* May 125* May 42* May 165* May 22* May 312* July 18 July 82* Jan. 13 2 1 21 21 21 8 15 22 5 8 Mar. 1 12* Nov. 26 75c Nov. 7 Nov. 1 Nov. 14 Nov. 1 122* Nov. 1 2 99 Nov. 23 293* Nov. 13* Nov. 4 3* Nov. 3 7 1 9 Nov. 18 45* Nov. 29 1 Nov. 12 1 103* 982* 182* 15* 43* 2 June 6 May 15 July 12 Mar. May Aug. Nov. May 30 21 1 29 23 22* May 28 4 Jan. 10 4 12* Nov." 2 13 H Nov. 22 2 Nov. 30 12* Nov. 1 163* Nov. 30 13* Nov. 9 May 24 1 June 2K 75* Aug. 7 32* May 15 1 Mav 14 8 22 15 17 9 195* May 25* May 12* May 52* Nov. 14 Nov. 14 2 9 17 10 Mar. 1 5 Jan. 60c Jan. 8 15 12* Jan. 52c Oct. 35c 8 Apr. 29' July 1 2* May 373* May 2 May 50c July 32c 19 92* May 2 15* Nov. 30 355* Nov. 4 65* May July 27 May 75c 62* May 21 12* May 22 1 Aug. 27 2 2* May 24 12* May 15 172* Aug. 16 3 2* June 10 Nov. 15 5 12* 3 Nov. 25 15* Apr. 13 25* Mar. 27 15* Apr. 10 172* Nov. 28 May 12* May 4 62* Nov. 13 13* Nov. 23 42c 50c 8 85c "22* * Apr. Apr. Jan. 24 60c 53c 2.50 2.50 7,559 Parker Rust-Proof com ♦ 47,654 Parker Wolverine Co com 1 33,811 Peninsular Metal Products * 11,959 Pfeiffer Brewing Co com 8,752 Prudential Investing Corp 1 1 11,370 Reo Motors Inc vtc see page 3* 50c 2.50 Preferred... 7 32* Nov. 12 2 3* Nov. 4 202* Nov. 8 62* Nov. 14 Nov. * 36,402 Michigan Sugar common. Preferred 3,257 64,521 Micromatic Hone Corp 3,090 35c Sale Nov. 12 5 17c 5,350 Universal Cooler class A Class B 26 616 Sale 125 Nov. 1 30 9 Nov. 29 90c common 2 3* 49 32 3* 15 15 52* 32c Sale 3,623 U S Radiator 62* 35 112* 1 2 2* Nov. 14 192* Nov 14 6 52* Nov 33c 82* Sale 9,402 United Shirt Distributors 40,784 United Specialties common Sale 33 3 2* Nov. 27 32c 25c 90c 112,140 Packard Motor Co 55,102 Parke Davis & Co 35 132* 22* Sale 20 18 11 3 Nov 14 Nov 25c com Sale 14 3* 3 2* 79c 1 Muskegon Piston Ring 22* 243* 20 302* Nov. 30 Sale 110,723 McClanahan Oil Co common .1 6,380 Michigan Silica Co common.. 1 2,516 Mich Steel Tube Prod Sale 33 2* Nov 12* Nov. 30 352* Nov. 4 33* Sale 2 Sale 10 34 303* 132* 32* 22* Nov, 26 1 90c 45c common 12* Sale Sale 1 4,612 Lakey Fdy & Mach common..1 14,936 La Salle Wines & Champagne.2 2 6 70c Nov. 25 17 3* Nov. 28 12* Nov. 2 2* Nov. 75* 8 Sale 135* Sale 26,132 Kresge (S S) Co 6 512* 22* * 145 Mahon (R C) class A pref 47,547 Masco Screw Products 83* 13* 22* 132* 52* 1 1 Nov Nov, 13 4 162* Nov, 79c '70c' 11 23 183* 112* 362* 13 3* 42* common 2 55c 18 30 Drug Co 4 5 3 19 15* Nov, 27 Sale 17 33 122* 4H 22* 272* 45* 322* 103* 23* 542* 22* 1 71c Nov. Nov 23 115 Nov, 25 Sale 22* 58c 17 * Class B 12* 62c * Houdaille-Hershey class A 14.880 Kinsel IX 252* 1 12* 163* "32* "52* * 11 55c 73* IX 53c 114 12 21 15 3 com 90c 62c 1112* 115 10 5 Brewing com_.l Jan. Jan. Jan. 185* Jan. 29 192* Apr. 10 12* Apr. 23 Nov. Fruehauf Trailer Co com Gar Wood Industries com 12$ 9$ 2 982* May 5 262* Nov. 12 Feb. 20 902* 162* 12* 45* 555* May 55c Nov. 14 Nov. 25 1 Apr.__ 9 Apr. 30 May 9 52* 77 Sale 1 1 22* Nov. 4 52* Nov. 30 May 7 JJ* June 10 245* Feb. 29 123 X 27,868 Ex-Cell-O Con) 60,385 Federal Mogul common For footnotes 32* 76 16 4 500 U S Graphite Co com """769 1 8 26c 1 U « 4,181 Eaton Mfg Co common 2,273 Eureka Vacuum Cleaner 102 .4 13* Feb. 2 h Aug. 13 16c July 26 14 24,732 Hudson Motor Car 37,074 Hurd Lock & Mfg Co com 18,661 Kingston Products Corp 550 Sale 1 3,460 1,550 1,504 Nov. 63* Nov. 17c Nov. 4 53* Nov. 30 18c Nov. 18 63* Nov. 14 2 3* Sale 3,487 Divco-Twin Truck Co 2,420 Durham Mfg Co common 55,164 3,115 1 100 aa common 4*849 3,889 Sale 50c Sale Prices 16 X 80c 3,491 Detroit Steel Corp common..5 10 780 Detroit Steei Products 187 72* 83* 82* Nov. 4 7 3* Nov. 95c 85c Highest Sale Prices May May 106,250 Detroit Mien Stove common._1 31,482 Detroit Paper Products 1 50.199 63* Lowest Sale Prices 15 110 Detroit Gasket & Mfg Co 13,985 Detroit Gray Iron Cdy 20,138 27,731 6,786 46,591 20c 62* Highest Sale Prices 2 Nov. 6 19 225 "3" 330 1 9 3 J* 2 80,957 23* Sale 33 -- "303* "312* 37 36 38 Sale 23 3* Sale 52* 2,150 22* 52* 18c Sale - 32 11H 22* Sale 27c 6^ Sale 21X Ask Ask Bid Bid Lowest Nov. 30 Nov. 1 1940 Shares 910 9,695 1,081 2,097 RANGE SINCE JAN. IN NOVEMBER Price Jan. 2 In Shares -Shares. 2,851,066 Jan. 1 to Nov. 30. PRICES DETROIT STOCK EXCHANGE 1939 3,323,373 1940 Stock Sales 1940 Stock Sales 91 May 12* Nov. 27c Apr. 22* Jan. 8 Nov. 9 24 7 4 14 28 17 18 8 12* Apr. 15 6 15 Apr. 115* Mar. 28 22* Apr. 15 60c May 6 Apr. 18 6 18 2* Apr. 82* Nov. 14 16 165* 4 3* 445* 23 5* 142* 15* 92* 8 May Mar. 12 8 Jan. Nov. 7 Apr. 30 8 Nov. Feb. Jan. 15* Apr. 3 Jan. 22* Apr. 25 Jan. 2 7 2 19 15 15 10 4 Apr. 17 15* Mar. 14 2 142* 993* 292* 25* 4J* 32* 45* 9 Nov. 1 Mar. Jan. Nov. Jan. Nov. Mar. Nov. 14 17 7 27 9 11 29 Nov. 12 72* Feb. 19 25* Apr. 17 162* Nov. 30 6 Sept. 18 25* Mar. 26 STOCK DETROIT Dec., 1940] AGGREGATE Jan. 2 Since November Jan. 1 STOCKS 4,941 Universal Products common—♦ * 1,993 Walker & Co class A Class B * 13,651 1 111,677 Warner Aircraft Corp com 450 5,900 6,880 23% 200 2,495 Wolverine Tube Co 46 1% 1 Sale 1% 12c 9c 6,686 Young (L A) Spring & Wire—* 625 27 7% 6% 78% 104 11 11% 2 100 com Preferred 18% 27 4 3 50,695 Wayne Screw Prod common—4 1 26,100 Wolverine Brewing Co com Bid 18% 25 Sale 3% 3% 1% Sale 1% Sale 18% 24% 1,906 588 1,055 1,943 635 5,442 175 121 American Radiator Amer Tel & Borden 432 900 150 3,270 653 636 985 1,065 533 7,095 365 25 288 625 610 1,936 4,554 4,929 • Sale Cities Service common Corp. 7% Sale * £ i 6% 1% 6% Sale Sale Sale Sale Sale 20% Sale % Sale 34% Sale % Sale 1 1 Kennecote Copper Corp ♦ Kroger Grocery & Baking Co.* Montgomery Ward & Co....* Sale Sale 5 * * Nash-Kelvinator Corp National Dairy Products New York Central RR_. Pennsylvania RR Co 50 Purity Bakeries Corp.. Sears Roebuck & Co Socony-Vacuum Corp...—15 Standard Brands Inc—...— * US, Rubber. Co ...10 Sale 29 12 % Sale Sale sales. 31% Sale 39% Sale 28% Sale 37% Sale 5 Sale 14 15% Sale 24% Sale Sale Sale 6% Sale 22% 69% 15% Sold for caRb. r " Nov. 36% Nov. 5 Nov. 13% Nov. 13% Nov. 23% Nov. 10% Nov. 75% Nov. 8% Nov. 6% Nov. 20% Nov. 66% Nov. 14%»Nov. 28 Sale Sale Sale x 68% Sale 16% Sale November. 243,119 Shares _ 2,501,287 Jan. 1 to Nov. 30 30 4 29 22 4 26 28 27 6 27 6 4 37% Nov. 7 6% Nov. 1 38% Nov. 4 75c Nov. 19 1% Nov. 20 14 1 8 12 8 7 14 4 12 12 15 9 23 BONDS Jan. 1 Bid 181,500 Elec & Peonies tr ctfs 4s. .1945 2,000 Lehigh Valley ann 6s _ 17,781 American 18,631 American 775 312 791 2,068 2,470 20 175 1,960 3,769 599 70 ""301 1,300 Budd (E G) Mfg Budd Wheel Co Co Horn & Hardart (Phila) com—* Horn & Hardart (N Y) com—* _♦ * 60 579 550 55,607 568 338 3 9 1 June 28 Nov. Nov. Jan. 4 Apr. 11 Oct. 4 June 7 28 Apr. 15 Jan. 2 Nov. 1 May Mar 5 Jan. 4 13 Sept. 7 Feb. 16 Apr. 17 Apr. 3 Jan. Nov. 14 Apr. 4 Sept. 24 Jan. 2 Apr. 8 15 Nov.! 9 Nov. Nov 123 1 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Nov. 30 Sale 10 Lehigh Coai & Navigation Lehigh Valley National Power & Light - 34 34M IS §& * 8% 8% 2% * 25 * Wire 119 * 50 1 50 50 - 28% 54% 2 23% 164 Sale Sale 169 865 Westmoreland value. % Coal Ex-dividend. 9% 146% 10% 8% 117 119 118% 118 30 30% Sale 30% Sale 3 Sale 3 2% 2% 2% 2% Sale 2% Sale Sale 7 6% 7% 2% 24% Sale Sale 22 188 2% Sale 180 116% 30% Sale 2% 31 2% Sale Sale 14 15 3% Sale 3 4 37% Sale 14 Nov. 3 41% 45 43 42 % % % % % 2 3^ * Sale 33% 34 11% Sale 115 • 10% • 12 % % 1 Sale 11 Sale 1% 27% 10% 113% 12 10% 3% Nov. 26 36% Nov. 30 9 4 2% Nov. 14 25% Nov. 12 Nov. 7 118% Nov. 27 31% Nov. 26 14% Nov. 27 4% Nov. 14 42% Nov. 4 Nov. 28 Nov. 14 Nov. 16 Nov. 4 2% 34% 28% 12% Sale 113 Nov. 28 115% Sale Sale 12% 10% Nov. 4 12% 14 10% Nov. 13 Nov. 1 Nov. 4 Nov. 1 Nov. 19 Nov. 25 Nov. 1 % Sale 45 Nov. 25 % Nov. 7 % Nov. 16 % Nov. 4 1% Nov. 26 27% Nov. 28 9% Nov. 28 June Apr. 25 Jan. Jan. May 8 31 10 Nov. 13 Jan. 4 Jan. June 38 46% %6 % % 46% % 1 28 25 6 190 2% 2% 116% 117% 116% Nov. 31% Sale 30% Nov. Sale 14 Nov. 2% Nov. 8% Nov. 8 Jan. Oct. 55% June 1% Oct. 7 117 Nov. 7 Nov. 30 30% Nov. 18 3 Nov. 25 Nov. 20 Nov. 27 Nov. 27 Apr. May May 3% May Nov. 2% Nov. 27 21% Nov. 28 186 184 3 1( Sept. IS Feb. June 113% Apr. 50 —50 -.50 * 14 66 11% Jan. 117 Sale 2 64% Mar. 28 71 71% Sale 5% * Electric Storage Battery General Motors Insulated Ask Ask Bid Bid - No par 5 Jan. RANGE SINCE JAN. IN NOVEMBER Sale 14% Sale nited Corp common-.. 47,322 Preferred 6.756 435,011 United Gas Impt common. Preferred 7,642 2,972 Westmoreland, Inc 95 * 5% 5% 90% 16 Sale Sale -_1 1,983 Salt Dome Oil Corp.—— * 8,770 Scott Paper Tacony-Palmyra Bridge— Class A participating * 1,035 1 26,597 Tonopah Mining 25 2.755 Transit Invest Corp Preferred 25 15,841 -—.50 4,057 Union Traction 658 14 * .. 1,010 Apr. $150,000 $1,106,500 ... 12% Nov. 11% 11% 10% Nov. 28 11% 11% 167% Nov. 165% Nov. 166% Sale 166% Sale 20 20 14 12% 11% Nov. 10% 10 10% 9% Nov. 6 9% Sale 119% Nov. 2 121% Nov. 118% 119% 120 1 6 Nov. 5 Nov. 5 5% 5% Sale 1 Sale 7 8% Nov. 6% Nov. 7% Sale 76% Sale 76% Nov. 30 84% Nov. 84% Sale 1 2% Nov. 1% Nov. 1% Sale 31% Nov. 6 33% Nov. 32 32% "31% Sale 54 Nov. Sale 50 48% Nov. 28 50% Sale 12% Sale 5 734 Phila 600 171 14 Curtis Pub Co common - 434 4 Nov. 14 5 $183,500 __ Sale Chrysler Corp 2,200 Phila Rapid Transit 7% preferred . 2,275 2,212 Philadelphia Traction "8", 157 50 10 pref 262,949 Pennroad Corp vtc 113,481 Pennsylvania RR 678 Pennsylvania Salt Mfg 2,169 Penn Traffic common 2,801 Phila Elec of Pa $5 pref 24,892 Phila Elec Power pref 110 Ask 69 100 122% Bell Tel Co of Pa 1,141 2,964 32,395 6,983 4,936 2,053 2,618 11% 12% 100 8,124 18,286 17,894 5,980 7,024 21,882 32,827 192 16 1940 par Stores Tel & Tel 901 Bankers Sec Corp pref 1,567 Barber Asphalt Corp ""353 19,438 17,751 STOCKS Shares 1,661 Apr. STOCK EXCHANGE Jan. 1 to Nov. 30. Nov. 1 1940 $ Shares Mar. 15 Mar. 29 Mar. 13 9% June 10 15% May 21 3 9% June 63 May 22 7% May 22 5% May 28 15% May 23 42% May 28 10% May 22 ■ $ 8 10 Apr. Jan. 2 Since In June 12 8 Apr. Jan. 3% May 23 14 Jan. Price STOCK November 1% 15 2% 15 12 25c 6% 22 29 105 13% 10 Oct. November PRICES PHILADELPHIA EXCHANGE 10 May 11 4 28 1 % June 18 8 24% July 23% May 22 32% May 22 1 AGGREGATE SALES 8 Feb. 27 4% May 22 May 28 July 26 June 10 May 21 May 21 8 4% June % May 21 5% May 22 128% Nov. 30 3% Sept. 27 25% May 21 3 May 21 34% Nov. 28 % May 10 Bond Sales 1939 305,967 3,037,951 1940 29 22 1 Nov. 14 Nov. 4 3 Nov. 37% Nov. 31% Nov. 41% Nov. 6 Nov. 14% Nov. 16 Nov. 25% Nov. 10% Nov. 80% Nov. 9% Nov. 6% Nov. 26% Nov. 76% Nov. 16% Nov. 23% Apr. Ex-dividend. RANGE OF PRICES ON THE PHILADELPHIA Stock Sales 6 Nov. Nov. 10 14 13 145% 18% 17% 13% 3% Nov. 20 Nov. 9 140 32%|Nov. 5% Sale Yellow Truck & Coach d Deferred delivery 2% Sale % ~6% Sale 16 % 18 % U S Steel Co No par value. Sale Sale 2 34% 8% 6% 1% 6% 36% Nov. 4 3 % Nov. 28 34% Nov. 28 55c Nov. 4 1% Nov. 22 2% Nov. 13 Internat Industries com..... Jacobs (F L) Co com 22 128% Nov. 6% Sale Nov. 14 8 167% Nov. 9 29% Nov. 14 22% Nov. 15 Nov. 6 Sale 6 ... 48% 11% Nov. 15 1 Nov. Nov. Nov. Nov. 20 Nov. 6% Nov. 5% Nov. % Nov. Rights 5 Electric Power & Light....—* General Foods Corp ...—* Hupp Motor Car Corp. 1 7% 164% 23% 19% 128% Sale Electric Auto-Lite Nov. 11% Nov. 11% 165% Sale 25% Sale 20 7 16% Jan. May 2% July 90c May 1 Feb. 9c Aug. 4% May 104 Feb. 7 June 23 1 3% Nov. 7 1 % Nov. 7 2% Nov. 14 14c Nov. 29 6 10% 11% Sale Nov. 27 103 Sale * 10 Consolidated Oil Co Dow Chemical Co com 1,675 6,737 5,272 5,749 5,520 12,733 4,870 7,914 23,658 23,228 6,982 58,325 2,393 1,449 1,659 5,430 11,411 6,553 18,755 21,985 1,568 Company Borg Warner Corp common. Budd Wheel Co Commonw & Southern 10% 171% 50 15 .5 Anaconda Copper 170 "'325 100 Tel Co Highest Sale Prices 13c 2 16c UNLISTED DEPT.— 10,606 3,201 9,632 1,841 4,729 5,048 1,221 21,181 3,669 1,565 320 489 Lowest Sale Prices Nqv. 1 3% Nov. 20 1 % Nov. 1 1% Nov. 1 Sale 1H IVt 5 7% 100 103 6 Highest Sale Prices 27 27 3% 3 11c 17c 13c 101 Lowest Ask Ask Bid Ask Sale Prices Nov. 30 Nov. 1 1940 Bid Par Shares """566 1 Price STOCK EXCHANGE In Shares RANGE SINCE JAN. PRICES IN NOVEMBER DETROIT SALES (51 EXCHANGE May Apr. Apr. 3 11 6 111% May 18 125% Jan. 10 2 27 June 10 35% Apr. 1% May 23 3% Oct. 23 8 3% Feb. 1% May 28 8 8% Apr. 5% June 11 1% Mar May May May liH 112 ^ i Oct. 8 Nov. 12 Oct. 3 Mar. 21 Jan. 10 June Jan. 20 Jan. 23 Jan. 2 Jan. 4 Feb. 6- 28% June 14 Sept. 2% Jan. 4% Jan. 11% Jan. 3% Nov. 26 34% May 15 May Oct. Mar. May Jan. June June 8% May Apr. 49 2: 4'. Mar. 7 Feb. li Feb. 29Jan. 10> Feb. 3t Jan. a Feb. 13 Jan. Oct. a May 9 Nov. 2k Jan. Apr. 2 Nov. June San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE Stock Sales November Jan. 1 to Nov. 30 AGGREGATE SALES ' 463,649 5,566,697 SAN FRANCISCO STOCK EXCHANGE Jan. 1 % "5", 000 Shares 700 1,447 BONDS Bid Atlas Diesei Eng Oo 6 %—1945 Coast Oo G & E Oo 49o 1965 Com'wealth Edison 3>5% .1958 Market Street By Co 7 %—1940 974 1,584 1,637 1,852 260 70 110 STOCKS Shares 4,582 30 50 13.700 1,564 11,169 3,052 138 Nov. 1 Bid 10294 \ Ask Ask 570 337 1,831 Bank of Calif Nat Assn cap—80 800 Beech Aircraft Corp common 17,968 Bishop Oil Co cap. 2 18,407 Byron Jackson com cap * 23,108 Calamba Sugar Estate com..20 4,263 Calaveras Cement Co com * 440 Calaveras Gem Co 7 % pref 100 435 Calif Art Tile Corp class A * Class B * 5,167 Calif Cotton Mills capital..100 1,348 California Ink Co, Inc. capital * 34,764 California Packing capital * 2,511 Preferred -.50 1,664 Calif Water Service Co pref. .25 36,160 Carson Hill Gold Mg capital. 15,300 Caterpillar Tractor capital * 140,723 Central Eureka Mg Co com 1 18,655 Chrysler Corp common......5 6,323 Clorox Chemical cap 10 55 1st preferred (new) 25 3,120 Columbia Broadcast Sys A-294 15,089 Commonwealth Edison 25 3,269 Consol Aircraft Corp com 1 Consol 1,215 870 997 Lowest Highest Sale Prices Sale Prices ——- 77 44 61 Nov. 19 78 Nov. 29 59 Nov. 27 59 Nov. 27 Highest Sale Prices Sale Prices 100 Jan. 16 10154 Oct. 24 108 July 5 July 5 108 128 Feb. 5 130 Apr. 4 Mar. s 6494 Feb. 27 82 53 June 14 73 Oct. 4 13394 Apr. 26 13394 Apr. 26 39 July 23 July 23 39 4894 6594 3894 59 Nov. 27 4094 Oct. 23 3994 2.20 Sale 694 50 10c 6% 110 50c Sale Sale 7 4 494 6c 7S* 694 m 3 94 2.25 4% 121% 126 ~T0' 4. m if* 1.55 35 » 8 80c 39 23 X 5094 894 2.00 15 X 18 2.00 50 10 1.00 16 41 Sale 5194 "27c" "34c " 5 1.90 5 100 i4!i iii* 2.00 32 7 50c 37 1994 50% 26% 8c Sale Sale 6X 3% 2.00 Nov. 27 2.25 Nov. 5% 594 Nov. 28 694 Nov. 6c lOc Sale 79* 45. Sale 6% 5% 5 til 3X ""8 1.00 P 43 Sale 52 27% 18c 4824 54 16c 47 8* 91 52 394 Sale 82 X 84 55 47% 25 20% 494 Nov. 594 Nov. 794 Nov. 29 594 Nov. 22 694 Nov. 7 Nov; 1 10594"Nov. 23 1294 Nov. 1094 Nov. 1394 Nov. 7 1194 Nov. 22 2.10 Nov. 19 794 Nov. 104 5% 1.50 1.60 11% Sale 12% 11% 11 2.00 37% 6 50c 7% 37 £* 40 8 2.10 Nov. Nov. 7 Nov. 23 32 X 29 Sale 30 40 7 40 59 Nov. 27 4394 Oct. 2 9% 19 Nov. 51 27 Nov. 16c 20c 16c 49% 3% 77% 27 $kH 55 28% Feb. 9 May 15 Jan. 10 7 3* May Apr. 22 40 9 65c Oct. 17 Mar. 25 Apr. 16 Apr. 15 Mar. 6 Nov. 27 Nov. 14 Nov. 27 249 June 9 5294 Jan. 2694 July 27 15c June 32c 45 May 55 7 Nov. Nov. 25 7 7 2.75 May 5794 June Nov. 27 4394 Aug. Nov. Nov. 87 57 2794 Nov. 26 2794 Nov. 26 2794 Nov. 26 20 22 28% 2894 Nov. 25 289 Nov. 25 22% 27% 23% 24% 25 Nov. 19 25 Nov. 12 2894 June 12 23 Aug. 31 24 25 24 25 24 Nov. 4 794 Nov. 594 Nov. 8 4 2594 Nov. 14 894 Nov. 9 594 Nov. 7 15 Nov. 8894 Nov. 6 17 1 9154 Nov. 28 18 June Nov. 27 27 22% 30X 23% 30 Mar. 25 694 May o5 May 14 May 499 Aug. 16c 47% Nov. 8 July 30 Mar. 27 694 Oct. 4894 394 8594 4794 4794 Nov. 394 Nov. 7894 Nov. rPA 6 994 Nov. 13 27 Nov. Nov. 48% 76 45 Nov. Feb. JM May 9 Jan. 3 llH Mar. 29 1094 Oct. 2.00 Mar. 32 Sept. 50c 994 Nov. 13 p i* 125 May 8 43 19% Sale 52% 50% 27% 26% 9 394 May 29 8 7 694 Nov. 65 Oct. 20c 8c July 594 June 394 May 394 May 3 May 103 May 694 Mar 1.20 July Nov. 1.00 2754 54 3A 354 Sale 2 Aug. 22 494 May 23 Oct. 7 65 2.25 ro6 5% 2.50 2.10 110 Coast Counties Gas & El Co— 55 468 Lowest Nov. 30 Bid 1 Pari 9,674 Aircraft Accessories Corp A-50c 8,348 Alaska Juneau Gold M cap.. 10 50 Alaska Packers Assn cap 100 Angio-Amer Mining Corp Ltd— 6,864 Common.. 29,915 Anglo-Calif Nat'I Bank 20 23,386 Assoc Ins Fund Inc com cap.10 19,108 Atlas Imp Diesel Enj? Co 5 55 102 76 100 98 1969 494s Ill Bandini Petroleum Co com.__l 137 Ask 1939 $39,000 85,500 RANGE SINCE JAN. 1952 S P Oo (O P stk col) 4 %—1949 SPRR Co 4% ....... 3,027 Jan. 1 to Nov. 30 1945 5% S J Lt & Pwr Corp 6% 1940 $12,000 147,000 PRICES IN NOVEMBER $ 22,000 4,000 22,000 32,000 10,000 1,000 2,000 5,000 38,000 Bond Sales November-. 483,375 5,828,108 Price Jan. 2 1940 Since In November 7,000 1939 1940 Shares. -. 18 H Jan. Jan. Mar. 8 9 1 Apr. 12 Feb. 27 2794 Nov. 26 2094 Sept. 24 33 Apr. 8 3194 Apr. 15 Chemical Industries 17,147 Inc class A partic pref ♦ 6,918 Consol Coppermines Corp cap 5 11,662 Creameries of Am Inc com 1 24 94 7% Sale 894 6% 5% 7% 5% 7% 5% 7% 6 1994 May 24 594 Aug. 9 4 June 12 2694 May 1 994 Feb. 21 6 Apr. 6 Crocker First National Bank 12,093 505 ""345 271 420 90 San Francisco cap 320 320 320 270 275 100 280 213,038 Crown ZellerhOofp com 17 17 X 5 15% Sale 1594 Sale Sale Sale 88 90 91 13,872 Preferred— ...» 90% 80c 1,100 Cypress Abbey Co common; 60c 70c 50c 69c 2 50c 1.95 5,597 Di Giorgio Fruit Corp com—10 1.30 1.75 2.50 1.05 1.10 7 11 7 9 3,645 Preferred 100 6% 3 4,630 Doernbecker Mfg Co —* 3% 3% 45 Dow Chemical Co ""820 45 1,382 424 275 10 740 549 1.939 1,215 95 35 450 7,648 804 116 770 3,098 523 635 " 1,724 519 58 2,544 1,339 1,090 100 300 760 707 230 863 2,105 184 5,783 239 '"'997 825 4*412 — .... 1.263 21,896 1,342 1,373 8,313 17,202 40* Sale 41X Sale n* 95 33 x 33 36 Sale 3% 9 17 42 6 23 46% 99% 28X 10% Sale 8 18 23 27 47% 49% 99% 100 32% 31% 17% 16% 17% 20 22% 20 20% 19% 20% 7% 54% 8% 55% 6% 7% 51% Sale 5% 5% 694 7% 49% 5% 32 494 50 5% 3594 5 994 1194 1494 33 31 5 Sale 13 29% 32 15 16 60c 75c Sale 85c 13 50c 5% Sale 11% 43 Sale 1094 4% 7% 594 ....— Sale 44 Inc common—. 1 Sale Libby McNeill & Libby com.. 7 Lockheed Aircr Corp com.... 1 Lyons-Magnus Inc A........* ClasSjB—-— » 294 29,133 Magna vox Co Ltd capital * 11,588 Magnin & Co (I) common. Preferred.. ............100 383 894 1094 ^>31 159^ 1694 2094 Nov. 28 754 Nov. 18 Nov. 26 Nov. 15 5* Nov. 19 Nov. 14 Nov. 4 33 54 Nov. 12 594 Nov. 8 33 m y* 2?* Nov. 15 7% 90c Nov. 1 55c 52c 4194 Nov. 28 1094 Nov. 1 1194 994 4 50c 2.05 6 W* 27 694 \rA Sale* 2.40 4 Nov. 4 Nov. 28 2.00 Nov. 14 Nov. 26 6 2.50 Nov. 1394 Nov. 50c Nov. 14 June 24 17 6 May 38 May 494 May 2794 May May May Aug. 1294 Nov. 14 Nov. 19 2.25 Nov. 7 65c 6 2.75 Nov. 15 43 2IU Nov. 25 Nov. 7 3094 Nov. 2 794 Nov. 7 3394 Nov. 12 6 Nov. 19 5 9 70c 8 Nov. 14 80c Nov. 27 Nov. 4 894 Nov. 4 1894 1694 Nov. 13 12 6 1894 Nov. 29 Nov. 22 2.35 Nov. 30 12 3 794 Nov. 6 894 Nov. 4 2.25 Nov. 23 iS* 21 Nov. 22 Nov. 22 Nov. 12 Nov. 9 Nov. 22 2.50 Nov. 2294 Nov. 4 7 Nov. 8 9 2094 Nov. 994 Nov. 16 2694 Nov. 6 2794 Nov. 12 10c 1 10c 2094 Nov. 9 2794 Sale 6 Nov. 19 75c 2.35 Sale 4% Nov. 15 106 It* LOc 7 Nov. 25 594 Nov. 12 4094 Nov. 26 8 27 Nov. 26 Nov. 5 494 594 5 Nov. 9 Nov. 14 13 10 33 Nov. 19 Nov. 28* Nov. June 42 41 98 21 23 18 28 22 21 13 1494 May 22 50c May 23 40 80c Sept. 25 1794 May 18 Nov. 25 45 28 794 3094 |494 5 Nov. Nov 1 14 June May Jan. Jan. Jan. Jan. 4 9 II 12 12 26 Sept. 11 Jan. May Apr. Feb. Jan. 9j 6 3294 May 1694 Nov. 7 54c Nov. 22 4194 594 35c 70c 7 9 4 Sept. July Oct. 1594 Nov. 19 44 594 65c IP 594 Nov. 994 Nov. 1194 Nov. Nov. Apr. 12 10 7 8 29 2 2 8 4894 Nov. 15 Oct. 18 77 May 22 100 1994 June 10 3394 Feb. 16 36 2 4 4 52c Nat Auto Fibres Inc comjBtk—1 Natomas Co capital—... * No par value. 1.30 Nov. Nov. 17 794 Nov. 18 4994 Nov. 29 42 Sale Merchant Cal Mach Oo com 5 Meier & Frank Co.—.......10 Menasco Mfg Co common .1 Class AA common. ———* Nov. Nov. 22 3294 Nov. 19 134$ 29 19 9% lt% 2.10 1,240 4 100 16% 1494 494 4094 100 9794 Nov. 2894 Nov. 6 1.20 Nov. 22 17 Nov. 4 Sale 106 Nov. Nov. 1.35 * North Am Inv Corp com...100 6% preferred........... 100 594% preferred......... 100 North Amer Oil Consol cap.. 10 Occidental Insurance capital.10 Occidental Petrol Corp com.. 1 O'Connor Moffatt A Co- 24 48 1.20 Sale 21,625 2,133 16,910 Nov. 25 9 694 Nov. Nov. 16 24 4894 Nov. 15 394 Nov. 25 44 1.30 ... LeTourneau 4294 Nov. 694 Nov. 29, 48 11,004 Langendorf United Bak cl A..* Class B.—... * 9,347 Preferred- ...———50 652 10 9.264 Leslie Salt Co.capital 15,096 5,501 69,002 2,526 1,031 3 94 Nov. 29 1894 Nov. 12 45 7 30% 34 5% 6 9% Sale 17 17% 13 14% 36% 38 9 2 Nov. 43% 30 794 Nov. 394 Nov. 17 20 7 Nov. 19 9 3% 1094 1894 17 X 6 3 1.50 Nov. 133 44 8 Sale 6 8 Nov. 26 1.30 Nov. 1.25 .10 Honolulu Oil Corp Ltd cap— * Honolulu Plantation capital-20 com 4 128 3 34 X 2.00 20 1.50 Home Fire & Marine Insur Oo of Calif capital.... Hudson Motor Car 143 85c 3,080 • 18 I* 139 Sale 316 267 894 147* 11* Hunt Bros Packing common-10 10 9,654 139 Preferred .10 935 Hutchinson Sug Plant cap.. 15 2 Pesos 659 1XL Mining Oo 127 350 740 __* 7,437 El Dorado Oil Works cap....* 1,594 Electrical Products Corp.. 4 20,355 Emporium Capwell capital * 6,957 Preferred w w 50 4,748 Emsco Derrick & Eq Co cap..5 342 Ewa Plantation.. 20 2,030 Fireman's Fund Indem cap..10 9,203 Fireman's Fund Insur cap—25 11,594 Food Machinery Corp com..10 7,350 Foster & Kieiser common—294 1,040 Class A preferred —.25 Galland Mercantile Laundry— Common (capital)——* 936 General Metals Corp—>■ Common capital—......2H 8.033 10 55,029 General Motors 11,725 General Paint Corp common.* Preferred * 5,497 8,117 Gladding McBean Co com-..* 89,711 Golden State Ltd capital.....* * 5.034 Greyhound Corp common 7,428 Haie Bros Stores Inc capital..* * 1,073 Hancock Oil * 18,833 Hawaiian Pineapple Oo 22,174 Holly Develop Co common... 1 41,941 7,898 323,000 35,241 46,297 1,885 1,299 125 9,913 common May 15 300 1294 May 21 21 K* May 21 95 50c July 8 70c 1 June 10 394 5 May 22 1094 3 Sept. 20 13494 Sept. 11 Nov. 29 894 10 94 May 22 May 23 20 94 May 22 285 Nov. 14 June 1094 July 8 94 July 394 Sept. 50c July 1.75 July Oct. 2.50 Nov. 6 1194 May 494 June 34 June 3594 Jnne 21 May 594 June 23 94 June 494 Feb. 25c May 50c 7 100 Jan. July Aug. 1294 May 994 May 1.75 Jan. 594 May 794 May 2.20 Mar. 11 20 Apr. 5 22 Feb. 23 794 Nov. 18 56 Apr. 8 794 Feb. 6 34 Mar. 7 Apr. 5 Mar. 6 Apr. 4 Apr. 11 40 Apr. 15 2094 Jan. 5 694 1194 1794 1594 76c Feb. 8 44 Feb. 19 3 Jan. 6 12* Jan. 694 Feb. 19 1.15 Feb. 13 Mar. 27 4 894 Apr. 18 2 394 Apr. 1694 Feb. 28 Feb. 8 Oct. 18 44 Apr. 6 Jan. 3 35 9 Apr. 22 4194 Apr. 15 5 Apr. 12 30c Feb. 20 1.30 Apr. 17 994 Jan. 19 Feb. 29 106 1994 Apr. 23 1294 Apr. 11 4? 494 May 17 11 Apr. 13 1094 Mar. 28 2.25 Nov. 15 June 14 June 4 28 794 June 1994 June 7c Oct. Jan. 3 May 7 11 394 June 29 2894 Jan 3 Jan. 19 2794 Oct. 18 28c Feb. 19 594 Apr. 8 AGGREGATE SALES 63 STOCK EXCHANGE SAN FRANCISCO Dec., 1940] RANGE SINCE JAN. PRICES IN NOVEMBER SAN FRANCISCO STOCK EXCHANGE 1 Prices Since January 2 STOCKS Jan. 1 Nov. 1 1940 Shares 4.199 22,699 1,816 8,177 10,495 2,370 37,030 110,759 96,342 36,293 36,539 3,415 18,468 20,535 4,373 2,092 1,136 15,371 1,400 2,355 2,755 2,673 64,141 21,917 4,691 62,687 27,205 11,262 21 J4 * Class B 6 41 Sale 30 54 37 4y 18 108 Nov. 29 5 Nov. 18 9 Nov. 19 Nov. 14 534 May May 3 34 May Nov. 4 113 153)4 Nov. 8 142 41 Nov. Nov. Nov. 10734 Nov. Nov. J* 17)4 Nov. 124 Nov. 150)4 Nov. 104 8 2 37 120 8)4 39)4 Nov. 3034 Nov. 34 95c 1734 Nov. Nov. 29)4 Nov. 4 8 3434 Nov. 31)4 Nov. 14 4 121 7 May 2534 June 28 X May 25)4 May 34 May 100 May 3)4 May 16 May 1.4 1.35 Nov. 27 Nov. 10634 Nov. 17 % 152 y8 155 1 1 39 X 32 38 54 90c 40 % 1.25 1.00 Sale 16)4 37 34 Nov. 28 4 90c 17 17 34 15)4 Nov. 29)4 27 27)4 27 y 1.85 1.40 27 33 13 y 14 34 Sale 8 754 9% J* 20 9)4 1.25 65c 15 106 108 Sale 4% AH 5 1.75 Nov. 14 8 Nov. Nov. 15)4 Nov. 9 9 )4 Nov. 29 Nov. 22c 25c 43 y 2.10 42)4 6 10)4 101 1.50 106 * 3)4 27)4 25 22 54 Sperry Corp common vtc 1 4,997 Spring Valley Co Ltd capital..* 158,014 Stand Oil Co of Calif capital. . * 12,245 Super Mold Corp of Cal cap 10 25,131 Texas Consol Oil Co com—--1 Sale ~42 103 34 % 1.50 2.10 5)4 9% 534 106 1.50 25 22 100 34 9 Sale 18 54 Sale M 21 18)4 19 1.50 Nov, 28 5y Nov, 27 7 10 Nov 9 a34^ Sale 22)4 iF jJ" 19% 9 Sale 4 14 9 Sale 15)5 8)4 8 3VS 14 834 2234 120 95 306"" 280~~ 290 9 2 May lc Nov. 7 10 lc Nov. 12 Nov. 7 SS** 42 Nov. 5 May 5 9 Jan. 12 45 y Apr. 6 Jan. 16 6c Nov. 1 May Oct. 10 Oct. 26 15)4 Jan^. 3 40X Sept. 20 June 12 12 5)4 Nov. 17)4 Nov. 20 Nov. 14 1634 Oct. 21 Nov. 21 Nov. 20 Nov. Nov. 12c Nov. 6 5c Feb. 5 <t0c JNOV. 2 40c Oct. 60c Feb. 16 10 Nov. 19 9 June 12 6 94 Nov. 14 80 June 96 May May 414 17 M May July 6)4 Mar. 14 3 1834 Oct. 934 Nov. 94 Nov. 534 Nov. 4)4 Nov. 8c Nov. 7 4 8 4 Nov. 14 9 Nov. 1 Nov. 14 2 290 Jan. 15c Oct. May 6y Sept. 12V4 May 6)4 Aug. 4 34 Jan. 3 Jan. 8 May 7 Aug. 20 Oct. '97 May 265 June 10* Jan 10 18 6 5 Apr. 23 y Apr. 15 3 15)4 Jan. 14 Apr. 16 Nov. 14 - Nov. Nov. 14 23 y Nov. 26 Nov. 20c 12 Nov. 9)4 Nov. 14 834 Nov. Nov. Nov. 15 Nov. 13 34 Nov. 4 26 X Jan. 33 y Feb. 27 Sept. July 4c Nov. 18)4 834 9y 434 Nov. 22 Nov. 14 8 1234 Nov. 7 34 Nov. 1834 Nov. 280 295 Mar. 20 35 120 289 4 12 34 May 3 10754 Feb 21 1.50 May 24 34)4 Nov. 34)4 Nov. 4 8)4 Nov. 28 8)4 Nov. 4% 15)4 8)4 23)4 9 101 7c 13)4 8)4 1654 834 Nov. 1.90 Mar. 10 4 6X Jan. June 1854 Sale if 7)4 9)4 Sale Apr* 24 52)4 Apr. May May 5c 8 7 27c Nov. 6 40c 13)4 i% Jan. 25 Feb. 29 im Mar. 30 8 9)„ 97)4 8 6 Nov. 10c 8c 2.75 Feb. 38 y Jan. 18 3 1934 Jan. Nov. 29 Nov. 60c 1234 Sale 3 9 Nov. 29 954 94 X 4% 1754 94 7 2934 May 37)4 May 25 2c 5)4 Sale 18 % 9 26 40c 18 12 Nov. 28 101 Nov. 29 1 22)4 Nov. 10c 90 Jan. 26 42)4 6 Nov. 8 Jan. 10 Jan. 3 Jan. 30 Feb. 20 Jan. 2 Mar. 7 734 Apr. 100 27)4 23)4 101 60c 9% 5)4 Nov. 27 1034 Nov. 9 Apr. 16 9 4)4 Nov. 23 39 X May 1.50 May 1.50 Nov. 28 Nov. 14 Jan. 15 29)4 May June 3c 954 21c 4 10)4 30c 276 ^ Nov. Apr. 26 May 1 24 y Mar. 1.65 Oct. 109 lc 40)4 5)4 28 5 27c Nov. 7 Jan. 25 54 39 Feb. 2 1.35 Jan. 2 4)4 May May May Sale 7c 44 21c 9 8 Feb. 43 34 Feb. 23 20102 X Nov. 22 31X Sept. 12 X May 5)4 May 75c May 12)4 June 100 Aug. 334 May 45 5)4 10)4 ... Nov. 15 Nov. 9 105 4)4 Nov. 22c 1.50 20c 18 y Nov. 13 Nov. 26 28 Nov. 18 19c Sale 4 85c 18 41 16X Nov. 1.65 Nov. 14 14 X 12c 4)4 Nov. 23 20 Nov. 104 1.75 65c 104 July Feb. May 8 2954 June 90c Sept. 12)4 Jan. 1.50 Apr. 11 July 14 May 24 y May 2 17 y Nov. 13 16)4 Nov. 3 % Nov. 1634 i 16% * 4,975 Thomas Allec Corp class A 16,253 Tide W ater Assoc Oil Co com -10 395 4)4 % preferred 100 344,642 Transamerica Corp capital—2 1,033 Transcontinental & West Air.5 1.00 Nov. Nov. 16 3 34 <?\y* Sale June 96 38 y Nov. 7 102)4 Nov. 22 102)4 Nov. 22 3 17 3 19 June June 17 154 5X Aug. 17 40 39 90c 23 y 5 34 5)4 22 9)4 21 15)4 25 554 22' 1.50 10 3434 22 3454 21 31X 21 50 21 10834 21 5)4 21 21X 10 138)4 39X Sept. 35 37 1.35 34 8 iiH sF Nov. 14 Sept. 24 Apr. 22 8 100 Feb. 301 Apr. 8 22 y May 9 Steel of Calif common 20,587 2,794 Yellow Checker Cab ser Series 2 210 Sale 118 Sou Cal Gas Pfd 6% cum A..25 Sou Pacific Co com (cap'l).lOO Sou Pac. Golden Gate cl A—* 5,892 Yosemite Port! % 31)4 Sale 101 Pipe & 34 154 —100 Western 16)4 1.40 50 preferred—.—100 82 Weill & Co com 100 740 Wells Fargo Bk & Un Tr cap 100 16 X May 24 3 May 22 4 34 June 29 1 5 10 40)4 137,402 Ryan Aeronaut Co com cap— J 4,300 San Mauricio Mining 10 Pesos 6,636 Safeway Stores Inc common— * 3,419 Schlesinger (B F) com.. * Preferred .......—25 4,780 * 11,461 Shell Union Oil Corp com 40 5)4 % cum conv pref...--100 140 Sherwood Swan Co Ltd cl A.10 5,784 Signal Oil & Gas Co class A..* 127,764 Soundview Pulp Co 5 Tread well Yukon Corp Ltd— Common capital 215,778 1 73,416 Union Oil Co of Calif cap.. .25 Union Sugar Co common..—25 17,01 5 20,850 United Air Lines Trans —10 17,544 Universal Cons Oil 41,296 Vega Airplane Co 1)4 14,323 Victor Equipment Co com-.-l Conv cum pref 10,737 —5 9,410 Vultee Aircraft Inc capital—1 2,400 Waialua Agricultural Co 20 107 4 6)4 5)4 36 X 38*4 37 103 100 100 14 9^ Preferred 7 5)4 Nov. Sale 149 25,217 Rheem Mfg Co 1 * 70,315 Richfield Oil Co common Com stock purch warrants.. 1,552 2,953 Roos Bros Inc common....-.1 1,655 6,577 105,891 1.200 5,663 21)4 Nov. 53 Nov. 18 734 Nov. 121 1.60 27 Series A 21X Nov. 7 4 54 Nov. 28 9 6 34 Sale Highest Sale Prices 14 1.35 4)4 Lowest Sale Prices 5 4 27 H 17)4 Highest Sale Prices 5)4 8)4 Sale 107 34 23)4 Sale 12 Sale preferred...-.25 571 5 31 1 Republic Petroleum Corp Preferred .........50 156 Ask 5 Sale 26 54 Cumulative 21)4 Sale * 100 Philippine Long Distance Tel Co capital .100 Pesos Phillips Petroleum Co cap * Pig'n Whistle Corp partic pf.* Puget Sound Pulp & Tim_.—* Ry Eq & Realty Co Ltd com— ♦ 6% preferred....100 Rayonfer Inc common..-.---1 8 14)4 1.35 -100 capital—10 Paraffine Cos, Inc, com.. 4% cum conv pref 5)4 1% 1334 434 ... — 6% preferred Sale 5 Sug Plant Co cap.. 15 Pacific-Amer Fisheries Inc—5 Pacific Can Co * Pacific Clay Prod capital — Pac Coast Aggregates com—5 Pacific Gas & Elec Co com—25 6% 1st preferred 25 5)4 % 1st preferred 25 Pacific Lighting Corp com—* $5 dividend pref * Pac Pub Serv com * First preferred...... ....* Pac Tel & Tel Co common..100 Paauhau Pacific Western Oil Sale 4X Oliver United Filters Inc A—*• Lowest Sale Prices Nov. 30 Ask Bid Bid Par ~Cem 10 1..50 50 Co pf—10 17 17 X 19 16 21)4 21)4 3)4 20)4 21 20 2.90 1934 19 34 Nov. 29 20 y Nov. 1 21 Nov. 18 21 Sale 21 23 24 21 23 20 1.70 1.50 1.50 21 y Nov. 8 21 Nov. 14 15 15 22 Feb. 5 Nov. 18 17 21 Oct. 2.90 Jan. 2 15 Jan. 29 21 1.60 June 10 May 18 May 15 1.45 July 16 UNLISTED STOCKS 182 American Factors Ltd cap 24 18 3,511 Amer Rad & Stand San com..* 25,639 Amer Tel & Tel Co com....100 311,488 Am Toll Bridge (Del) com.. 1 100 Amer Woolen Co 25 40 734 7)4: 734 7)4 164)4 166)4 165)4 167)4 1.09 Sale 38c 39c 734 Nov. 25 734 Nov. 25 22,752 Anaconda Cop Mg Co com..50 16,256 Anglo Nat Corp cl A com.....* 11,740 Argonaut Mg Co Ltd capital—5 2534 Sale 3 54 Sale 2.30 Sale 515 Ark Nat Gas class A common.* Nov. 4 1.10 Nov. 2 28)4 2.25 2.90 4 24 X Nov. 3 34 Nov. 7 2 29 2.25 Nov. 2 1754 754 Sale 234 3 4 4)4 34 33 1.35 Sale 35c 8 634 434 334 334 3134 18 18 I" 4 4)4 5 Nov. 12 Nov. 1 3 )4 Nov. 28 4 y Nov. 13 1.20 32 34 1.25 12 34 1334 12 54 Nov. 92 90 9)4 Mar. 5)4 Nov. 12 4 Nov. 23 4 y Nov. 13 1.50 Nov. 1 14 X Nov. 7 Nov. 25 9134 Nov. 7 14 30 Mar. 21 zk k 9 Aug. 28 Apr. Jan. & 3 Jan. 2 9 Apr. Sept. May 6)4 Oct. 4 Aug. 2 X Aug. 3 Mar. 20 Apr. 454 Apr. Apr. 3)4 June 26 y May 75c 5 Oct. 1.50 May 18 X Nov. 25 7 174)4 Apr. 1854 Aug. 3)4 Sept. 9 4 1.15 Nov. 19 4534 Apr. 30 5 4X Apr. Mar. Nov. 2 17 29 Aug. Oct. Apr. July June Nov. 34 "Nov. 14 Nov. 1 3 3 34 234 liH 100 ....5 com.. 28,202 Aviation Corp (Del) com.....3 12,909 Aviation & Trans Corp cap—1 1,821 B & O RR common 100 11,225 Bendix Aviation Corp com—.5 54,282 t Blair & Co Inc capital.....1 27X 334 24 X 3434 4)4 5)4 149 35c * common 8,709 Atch Top & S Fe Rlt 4,870'Atlas Corp common 20 39)4 20 950 Amer-Hawaiian SS Co com.. 10 * 100 Amer Pow & Lt Co common Apr. 15 4 15 Jan. 5 1454 Jan. 4 2 June 16 Bunker Hill &. Sullivan Mg & Con Co common......2X 20,455 Calif-Oregon 13 34 14)4 12)4 Sale 9)4 May 24 Power— 69 6 % pref (non-callable)... 100 625 6% pref (1927 series) 100 100 Calif Pacific Trad Corp pref— * 900 Canadian Pacific Ry com—25 100 Chesapeake & Ohio RR com.25 6,262 Cities Service Co ...—10 7,600 Claude Neon Lts Inc com 1 1,341 Coen Cos, Inc, class A conv..* 454 92 88 1.00 88 5)4 3)4 3 34 3 34 90 1.00 3)4 76 70 May 20 May 22 2 90 88 82 82 Mar. 20 3 y Oct. 11 33 X May 31 % 4i« X 34 2c 10c 634 34 6)4 X 40c 10c 5)4 X 10c 6 634 Nov. 4 6 y Nov. 4 34 Nov. 15 Nov. 20 H 4X Feb. 6 X June 10 Jan. 18 10c 40c 85 Apr. 29 9134 Nov. 7 Mar. 20 2 3)4 Oct. 11 33)4 May 31 6 34 May 2 34 Mar. 11 Apr. 19 50c Columbia River Packers 1,896 Goodrich (B F) Co common..* 2,230 Hawaiian Sugar Co capital..20 510 Hobbs Battery Co cl A capital * 350 Hobbs Battery cl B cap * 551 Honokaa Sugar Co capital...20 Idaho Maryland Mines Corp— 74,335 Capital .........1 * 6,133 Internat Nickel of Can Ltd 7,910 Internat Tel & Tel common..* 8,728 Kennecott Copper Corp com.* 26)4 25c 6)4 my 3434 22 37ft 48 37)4 4)4 20 11c 4 8% Preferred ...10 Montgomery Ward & Co, Inc, common —...* 14,846 8 No par value. 55 X 4)4 654 t Formerly Bancamerica Blair.Corp. Sale 38)4 Sale 3234 14 25 Sale 534 25y 48 2.00 1.00 5 6 5 12c 4)4 854 Sale 454 Sale 5 10 If 21 i 63 Sale 31)4 Nov. 29 24 Nov. 14 6)4 Nov. 14 10 y Nov. 9 31)4 Nov. 18 Nov. 28 6 Nov. 1 Nov. 19 434 5)4 Nov. 6 6)4 Nov. WA 2534 36 Nov." Nov."! 25 Nov.22 22 50c 5 5)4 2334 15 2434 35 34 35 y 35 Nov. 8 22 24 22 IV* 26 24 y Nov. 1 27 7c Nov. 1 26)4 2)4 Sale 7c 2.60 2.50 8y 9 38)4 39)4 3)4 Sale 5)4 6 t Odd lots. 8 2.00 10c 3334~Nov.~23 34 2 1 25)4 2.50 334 7c 2.50 8 2 5)4 Noy. 20 24)4 Nov. 28 1)4 Nov. 13 Nov. 7 Nov. 28 Apr. 10 Nov. 13 Nov. 6 Nov. 15 3 4)4 8c 8c Nov. 29 Nov. 2 5 8)4 Jan. 10554 Sept. 23 37)4 Sale 37)4 Nov. 25 334 4 3)4 Nov. 1 5)4' 7 41 40! Nov. 4; Nov. Jan. 4 4 2054 Apr. 25 Aug. 21 Oct. 1.00 May 25c Jan. 3y Sept. 19 1.10 Mar. 19 Jan. 18 25c 6)4 Apr. 30 7 Apr. 9 4 6 38)4 Jan. 454 Apr. 5 28 Nov. 15 16 37 5 14 21 23 12 16 y July 24 7)4 Sept.14 2 434 8y 8 Jan. 40c Sept. June 20)4 June 1 )4 Nov. 2454 July 19 June 22 May 2.85 Sept. 4 y June 6c May Mar. 25 5 1154 Mar. 36 2834 June 17 Apr. 5 - 3254 Feb. Apr. 5)4 Nov. 105 50c 2.00 8 Mar. 2134 Nov. 554 Oct. 6 34 July 25 May 25c 634 24)4 2)4 37 24 y Sale 2.50 3 5y 5)4 35 4)4 104)4 14)4 2.50 6 31 3534 10c 99 Monolith Portl Cement com..* * Sale 50c 6)4 8 2134 534 9)4 25c 13)4 320 McBryde Sugar Co Ltd cap 5 3,430 McKesson & Bobbins Inc com 5 68,887 Mountain City Cop Co cap..5c 5 6,284 Nash-Kelvinator Corp cap 6)4 Sale Sale 834 2854 24)4 611 27)4 534 864 Marine Bancorporation cap..* —* 29,882 Matson Nav Co capital 100,850 M J & M & M Consol capital. 1 9 8 2,630 Assn Inc common—...—* 10,268 Consol Edison Co N Y com—* 7,239iConsol Oil Corp common * 76,664 Curtiss-Wright Corp com....1 8,041 Domlnguez Oil Fields cap——* 1,131 Dumbarton Bridge Co com..10 7,404 Elec Bond & Share Co com.. -5 90 Fibreboard Prod.Inc. pr pf_100 20,934 General Electric Co com.....* 37)4 Nov. 25 2)4 May 21 4)4 June 4 25 y Feb. 17 35 5 May 9 May 20 1 854 Apr. 12c 4 Jan. 4 Feb. 23 9)4 Mar. 55 X Jan. 454 Apr. 7)4 Feb. 8 2 10 15 SAN FRANCISCO STOCK EXCHANGE 64 aggregate sales SAN FRANCISCO STOCK EXCHANGE In November Jan. 1 Shares PRICES IN NOVEMBER Shares 704 Nat Distillers Products com. Nor Amer Aviation Inc cap 1 North Amer Co common.... 10 1,378 Pacific Port! Cement 497 298 50 com 6*4% preferred —10 i00 Bid 24 25 54 22 54 21 5 20 1.15 41 13,719 Packard Motor Car Co com..* 170 3 455 Park Utah Cons Mines com..l 1*4 7,975 Pennsylvania RR capital 50 1,173 Pioneer Mill Co Ltd capital.20 """683 " 23)4 1,645 120 3,786 Riverside Cement (Del) A * 108 Santa Cruz Port Cement com 50 11,461 Schumacher Wall Board com.* 4,281 Preferred * 3,422 Shasta Water Co common * 43,011 Sou Calif Edison common 25 17,136 C 5*4% preferred 25 11,858 B 6% preferred 25 270 Sou Calif Gas 6% pref.. .25 332 ... 570 3,050 2,012 1,177 100 Bid Ask 24*4 26*5 23*5 24 14*5 6*5 25 1.90 17H Sale 10 54 13 29*5 Sale m m 14*5 3*5 16 21 3*5 1*5 21*5 7 4*5 3*5 Sale 9 7*5 5*5 Sale 3 3*5 15 25 7*5 Sale 29 28*5 8 8M 28*5 Sale 30*5 Sale 29*5 29*5 34*5 34*5 4*5 32*5 23*5 18*5 16*5 17 1.15 40 2.00 45 24*5 28 22 16 18*5 IS Sale 22*5 17*5 Ask 15 4 1.00 39 47*5 3*5 2*5 554 Sale 4A 24 21*5 Sale Sale 18 21 Lowest Highest Sale Prices Sale Prices Nov. 30 Ask Bid 20*5 14 11 1§,600 Radio Corp of Amer com.....* "2^055 Nov. 1 1940 Par Oahu Sugar Co Ltd capital..20 848 Oiaa Sugar Oo Ltd capital..20 312 Onomea Sugar Oo capital...20 10 45 1 Jan. 2 STOCKS 3,448 15,139 5,372 §95 175 1,020 range since jan. Price Since 15 7 18 Nov. Nov. Nov. 21 15 Lowest 1 18*5 Nov. 21*5 Nov. 9 4 6 15 Nov. 6 1 4 45 18*5 Nov. 8 1.05 Nov. 23 40*5 Nov. 23 40*5 Nov. 23 3*5 2*5 22*5 23*5 Nov. 20 25*5 Nov. 15 4*5 Nov. 29 3*5 Nov. 9 5*5 Nov. 12 3*5 Nov. 9 1.50 1815 Nov. 27 9 5*5 A4 26 7*5 29 28*5 7*5 26*5 29*5 29*5 34*5 8*5 26*5 30*5 29*5 35 1455 18*5 14*5 3*5 May Sept. Sept. July 17*5 Oct. 1 Aug. 39 July 3 May 2*5 Apr. 16*5 June 7*5 June 4*5 May 2.75 Aug. 10 7*5 Nov. 1 28*5 Nov. 27 8 Nov. 8*5 29*5 8*5 28*5 Nov. 1 29*5 Nov. 34*5 Nov. 7 4 26 26*5 23*5 23 *5 6*5 25 14 16 27 6 22 21 26 10 15 10 3 24 20 - ? j j, 2* 41*5 Jan. 4 4*1 Mar. 11 2*5 Apr. 16 25*5 Nov. 15 Jan. 12 3 7*5 Apr. 3 4*5 Apr. 9 20 June 11 8*5 Nov. 9 29*5 Oct. 28 12*5 Jan. 6 30*5 May 3 31 Nov. 1 29*5 Nov. 7 3455 Feb. 17 18*5 June 10 7 May 24 May 26*5 May 25 May 31 May Apr. Feb. Jan. Mar. Feb. Jan. 16 1.50 Mar. 1 June 27 June 10 3 Nov. 9 Nov. 7 Nov. 28 Nov. 1 31 4 26*5 Nov. 27 30*5 Nov. 29 2§55 Nov. 4 34*5 Nov. 4 Highest Sale Prices Sale Prices 19 June 26 21 22 21 21 16 Sou Pacific Golden Gate Go—*- 1,515 6% preferred 13,§66 Standard Brands Inc 261 300 615 com.. 300 Standard Oil Co (N J) 35,970 Studebaker Corp 100 76 100 * cap 25 common 6 44 1 Sunset-McKee Balesbook Oo— Class A common. * Class B common * lc. 15c. lc. 6*5 7 6*5 7 9*5 8*5 1.00 9*5 Sale If*::::: 6 7*5 1 Aug. 28 1.10 Mar. 7*5 Apr. 6 May 22 Nov. 13 37*5 Nov. 14 5*5 May 22 12*5 Feb. 15 5 Nov." 36 27 18 5c 15c. 4*5* 65c 8*5 37 *5 "Nov." 13 8*5 Nov. §*5 1 14 36 Nov. 14 20*5 July 29 9 May 8 12 21*5 Feb. 9 May 31 18*5 44 5 8 Superior Portland Cement— ,._* * 85 Taylor Milling Corp com 4,391 Texas Corp common 335 * 25 200 Texas Gulf Sulphur common. 137 Title Guaranty Co cum pref. 50 10,886 3,606 52,380 57,287 9,520 865 563 24,600 11,946 400 United Aircraft Corp cap United Corp of Del common. 11 45 32*5 * 15*5 47 2*5 2*5 1.10 1.20 5 com 1 1 25c 14c 1.55 38*5 38*5 Nov. 17*5 19 43*5 18*5 43*5 1*5 72c 66*5 1*5 73c 66*5 Sale 1*5 5*0* 4H 37*5 20 42*5 2*5 39*5 Nov. 15 38*5 Nov. 8 8 Mar 70 75c Sale 1*5 1.00 1*5 25c 1.00 43*5 J4 75c 68*5 1*5 30c A4 80c Sale 1*5 Nov. 27 Nov. 29 Nov. 6 Nov. 85c . 6 34*5 Jan. May 20 June 1*5 May May 42*5 May 1 May 9 6 50c 2 "3 *5 "Nov .23 "3 *5 "Nov."23 Feb. 50c May 4 1.00 25 Jan. i6 *5 51*5 Apr. 2*5 Apr. 1.15 Jan. 76*5 Nov. 1*5 Apr. 55c Nov. 14 76*5 Nov. 1*5 Nov. Nov. 27 Nov. 2 Jan. 17 39 18*5 Nov 27 46*5 Nov. 13 1*5 Nov. 6 5 13*5 Jan. 12 7 h Aug. 7 46*5 May 10 8 34 * 25 5 37*5 May May 7*5 Aug. 35*$ Aug. 13 17*5 41*5 2*5 48 . 41*5 10 36*5 34 20 5 39 13 9 46 * 39*5 Nov. 15 39*5 38*5 15*5 9*5 . 100 com 21,131 Westate Petroleum Co Preferred 33,722 43 _ * Utah-Idaho Sugar Oo com...5 754 Western Pacific RR 154 1,075 3,907 40*5 11*5 8*5 .1 U S Petroleum Co capital U S Steel Corp common 208 Vica Oo common 3,770 Warner Bros Pictures com 1,842 West Coast Life Ins Co cap """255 x Class A preferred.... Otass B common 366 438 45 Jan. 4 4 i9 i8 i6 Feb. 50c 15c 5c 10c 10c 12c 10c Nov. 4 12c Nov. 15 20c 8c Mar. §c 4*5 Feb. *9 9*5 Apr. 3n 48c May 2q Aug. 16c Sale 82c 85c 80c 90c 80c Nov. 4 90c Nov. 14 75c June 3*5 4*5 3 '6*5 ~~7~~ 50c 3*5 6*5 lc 7 6*5 Nov. 18 6*5 Nov. 18 50c Jan. in 1.55 Jan, » Name changed from Italo Petroleum Corp. of America. Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock Sales 1940 November-. Shares. Jan. 1 to Nov. 30 Bond Sales 1939 290,581 4,133,920 1939 1940 November 369,871 4,364,769 Jan. 1 to Nov. 30. AQQREQATE SALES LOS ANGELES STOCK EXCHANGE In November Jan. 1 Shares Shares 5,145 STOCKS 255 190 ""250 5,264 1,070 1,750 10,000 135 345 744 100 707 1,155 5,967 6,800 240 ""619 1,452 2",500 39 616 Barker Bros common— 989 5*4% preferred 290 T,361 100 ""427 1,303 400 "l05 157 669 "12,950 1,865 2,257 650 19,881 "T.665 1,400 2,500 Bid 12 Ac 50c 4*4 Sale * - 50 _ ♦ Buckeye Union Oil Co com 1 Common vot trust ctfs Preferred 1 Preferred vtc 1 l Byron Jackson Co * California Packing Corp-* Central Investment Corp—100 849 Chapman's Ice Cream Co * 10,884 Chrysler Corp 5 12,836 Consolidated Oil Corp * 29,181 Consolidated Steel com-— * Preferred* 37,842 8,417 Creameries of America v t c—1 959 District Bond Co 125 4,740 Douglas Aircraft Corp 18,813 Electrical Products Corp 4 9,246 Emsco Derr & Equip Co 5 36,480 Exeter Oil Co A 1 - 388 Farmers & Merch Nat Bk—100 4,929 Fitzsimmons Stores Ltd 1 36,511 General Motors Corp For footnotes 10 lc lc lc lc 15 24*4 com Holly Development Co „» * * ---1 52k 70c 75c 5*4 9 lc "~4c" 2c 2*4 l 12c 5 Mt Diablo Oil Ming & Dev. —1 Nordon Corp,—1 lc 45c page 65* 4c Nov. 7 1.45 Nov. 7 1 154 Nov. 14 60c "6*4 Nov. 6 1 *4 Nov. 23 254 Nov. 4 60c Nov. 1* 6*4 Nov. 23 lc lc Nov. lc 2c 84*4 10*? Sale 43c 392 34 5*4 9*4 2454 39 75c 2 9 85c 1 Sale 14 54 Sale 16 954 6 8 20c 27c SS ""854 1*4 o?* 51*4 Sale 6*4 554 30 5 34 5*4 154 Sale 1754 30 55c 9*4 6 20c 6 1*4 5*4 *4 654 5 31*4 10*4 8*4 9c Sale 4*4 42c Sale 30c 4c 52 Ac 6c 4*4 23c 8454 Nov. 8 9*4 Nov. 27 87*4 Nov. 6 §*4 Nov. 20 8454 Nov. 8 8*4 May 29 7*4 May 28 20c Nov, 19 21c Nov. 6 400 Nov. 22 Nov. 6 Nov. 14 7 it* 4 27 Nov. 45c Nov. 14 4 Jan. 30 June 5 May 21 May 23 5c Nov. Nov. 28 6 9 9*4 Jan. 12*4 Nov. 13 July 16 Sept. 18 Jan. 17 Jan. 12 Nov. 6 31*4 Nov. 7 42c 41c 50c 41c 42c Sale Nov. 8 19c 5 Nov. Nov. Nov. 4 8 9 7c 5c 41c 3c 10c 39c 37c 60c 5c Sale 3c 6c 4 June A 7 Mar. 14 Jan. 43c 2 Jan. Apr. 18 Jan. 12 8 254 Nov. 30 2c 40c 4c Nov. 14 Nov. 9 Nov. 4 3 2c 41c 5c Nov. 14 Nov. 9 Nov. 1 . 7 56 Mar. 13 Apr. 654 Apr. 32*4 Apr. 654 Apr. Aug. 9 8 2 6 7 Mar. Jan. 5 3 if it* Apr. 12 80c Jan. 8 a. 2c 15c 7c June A*4 Sept. 14 50c 10c 2c 29*4 Nov. 27 5 Nov. 4 5 7 10 May 22 405 May 31 10 a. 454 Nov. 19' 454 Nov. 19 54 62*4c Nov. 18 62*4c Nov. 18 22 3 4*4 254 Jan. 88*4 Apr. 30 Nov. 19 Aug. 31 3*4 May 22 154 Oct. 29 31 60c 17c 2c 4*1 7 1 3054 6*4 50c 4 18*4 Nov. 18*4 Nov. 30*4 Nov. 60c 5*4 Nov. 154 Nov. 13c 254 Sale 9 26 7*4 Nov. 9 17*4 Nov. 18 6 Apr. 8 10 7 6*4 June 38 54 May 24 54*4 Nov. 9 5*4 Nov. 14 30*4 21c June 20c 375 7 4*4 12*4 8 17 354 May 21 7 May 21 4 Jan. Jan. Mar. a 30*4 Sale 4*4 5*4 19c Oct. Aug. 12 Apr. 27 Apr. 22 3 12 Mar. 21 Jan. 16 3 90*4 Jan. 16 5 54 Nov. 14*4 Nov. 5*4 Nov. 4*4 Nov. 27 154 Nov. 1 60c 2 II*" Jan. It4 26 5754 May 22 5 2 2c 9 30 50c 1254 654 Jan. Nov. 4 Nov. 12 Nov. 9 Nov. 18 Nov. 7 Nov. 49*4 Nov. 20 5*4 Nov. 14 60c kH 3c 10*4 May 31 1554 May 24 8*4 May 22 8 r 30 5c 2c 83*4 6*4 7*4 17*4 554 6 50 6 35 29*4 10c 2c Apr. 22 Nov. 27 83*4 Nov. 400 18*4 31*4 2c 12"" Sale 9*4 17*4 4 Nov. 7 6 654 June IS i?S 4*4 So* 6 80 400 385 6*4 5*4 7 79 Sale 1 Nov. I a. Nov. Jan. 2c al4 6 19 19 May 15 254 Nov. 4' 1 Apr. 8 6*4 Nov. 23 lc a2054 Nov. 18 10*4 Nov. 16 Mar. Apr. Apr. Feb. 3 lc Nov. 7 Nov. 26 7c 12*4 al254 Nov. al8*4 Nov. 10*4 9*4 Nov. 1.10 45c 6c 3c 20 5*4 6*4 4*4 Jan. 3 7*4 No^. 14 30 12c Aug. 16 a. 76*4 77*4 554 6*4 554 Sale 6 24 50c Feb. 24 3 54 June 3 6 Nov. 75c 4 25c Nov. 7*4 Nov. 14 lc 25*4 8 40c 1*4 2 7 25c July 254 May 21 6*4 Oct. 2 22*4 May 20 10c Apr. 29 25c Apr. 15 6c May 15 1* May 15 Nov. 19 5*4 Nov. 13 12 554 7c 32 50c 5c Nov. ; 3c 19 7c see 7c "90*4 954 7*4 9 30 3 lc 12*4 15c Mid-Western Oil Co 5*4 20 2c 1 "154 A6/s 60c 19 5*4 5*4 254 Nov. 12c 11*4 75c 10c l 10c 12*4c 2c 16 10c 1 854 30*4 Nov. 27 254 Nov. 27 7*4 Nov. 13 28*4 Nov. 1 8c 89*4 9*4 70c 754 29*4 2c 1 • 354 May 29 8c 83*4 23 54 37*4 2 2c 84 5*4 2 2c Sale 30 2 3* 3c 9 11 1*4 ""254 9 "3c" 85c 83 40c 380 10 Highest Sale Prices lc 10 10 Lowest Sale Prices 3c 50c Menasco Mfg Co., Merchants Petroleum Co 6 Highest Sale Prices lc Hupp Motor Car Co. lntercoast Pet Corp-Co Sale Lowest Sale Prices 6c Jade Oil Co Lane-Wells 37J4c Sale 2 *4 554 — 15c Tf "1.45 * Gladding McBean & Co— -* Globe Grain & Milling Co .25 Goodyear T & R Akron Hancock Oil Co A 10c 25c 97*4c 1.75 8954 9054 7*4 754 5*4 554 10*1 1054 5 54 554 6*4 b Golden State Co 7 18c 37c 12c 8 5o 7 * Sale^ 28*4 Sale 154 100 Langendorf United Bakeries B * Lincoln Petroleum Corp 10c Lockheed Aircraft Corp.. _1 Los Ang Investment Co 10 Mascot Oil Co 1 398,698 49,425 25,411 12,125 648,262 4,150 2,000 8,625 26,700 2 1 38c 4 54 6*4 85* —2.50 —2.50 10 20 Holly Oil Co Hudson Motor Car Co.— 2,495 1,972 18,700 1,100 5,482 5c 30c ""2*4 28 11*4 2*4 935 General Paint common 205 Preferred 13,123 37,316 1,424 9,141 11,387 22,950 7*| 26*5 Warrants 107,946 t Blue Diamond Corp 2 26,466 Bolsa Chica Oil Corp A _10 B common 3,568 10 8,731 Broadway Dept Store com---* 2,300 14,200 4,100 4,700 3,150 3,632 3,408 1 Ask Nov. 30 Ask Bid 2*4 Sale 1 9,409 Barnhart-Morrow Consol. 1 3,235 Berkey & Gay Furniture Co—1 120 Foster & Kleiser Co 480 General Metals Corp 3,010 Ask 1 32,168 Bandini Petroleum Co— 17 2-5 Brock & Co "l",666 Bid 21,838 Aircraft Accessories Corp A_50c 240 "5",548 Nov. 1 1940 Par 50 Assoc Gas & Electric A.. "l",536 range since jan. PRICES IN NOVEMBER Price Jan. 2 Since 7c Jan. 23*4 June 26 May 16 3?c* 1 Vf June Jan. 2c Oct. 38c 3c 10 15 Mar. 29 19 Sept. 13 May 13 6*4 Mar. 11 Apr. 6 "J? Feb. 14 3c Mar. 27 12*4 Nov. 13 8*4 Jan. 22 25c Aug. 22 4154 Apr. 15 6*4 Nov. 7 60c May 9 454 May 9 Mar. 29 15c 2c Oct. 19 50c 6c Jan. Jan. 9 10 LOB DEC., 1940] AGGREGATE SALES In November Shares 500 500 1,202 310 555 899 76 108 85 325 1,166 T.733 15,757 239 1,659 6,105 140 407 160 ""'loo 5,050 775 3,270 15 2,444 1,777 140 690 4.6DU 7,567 800 260 248 9,232 233 11,573 300 "2~, 172 2,541 40 1,200 196 1 370 16,411 7,747 2,930 7,138 12,451 1,279 RANGE SINCE JAN. 1 Price STOCKS Nov. 1 1940 Shares 5.300 27.010 5,299 6,100 19,140 65 EXCHANGE Jan. 2 Jan. 1 187 STOCK PRICES IN NOVEMBER LOS ANGELES STOCK EXCHANGE Since 2.250 1,571 1,251 ANGELES Par Occidental Pet Corp 1 Oceanic Oil Co...—.........1 * Pacific Clay Products— Pacific Distillers lnc 8c 18c 6c 16c 6c 16c 43c 48c 35c Sale 31c 43c 30c Ask Bid 5 4% Ac4 \\* —-10 com..25 33% 34 33% 3054 35 % 34 % 34 31% 35% 49% 30% 38% 40% Preferred C Pacific Gas & Elec Co 6%———25 5%% 1st preferred -25 Pacific Indemnity Co 10 Pacific lighting Corp com—.* 1st preferred Pacific Public Service- - * --* ----10 547 1st preferred.... 563 Pacific Western Oil 13,486 Puget Sound Pulp & Timb Co.* 27,265 Republic Petr Co Ltd -1 626 5%% Preferred A..——..50 29,353 Rice Ranch Oil Co_ —1 73,316 Richfield Oil Corp common—♦ 4,507 Warrants 27,988 Roberts Public Markets—-- -2 122,776 Ryan Aeronautical Co 1 2,202 Sateway Stores lnc —* 3,030 Security Co units 1,578 Shell Union Oil Corp — * 5,000 Sierra Trading Corp 25c 5,234 Signal Oil-Gas A —* 214 B common—* -—* 2,000 Signal Petroleum Co of Calif- -1 40,700 Solar Aircraft Co —1 9,080 Sontag Chain Stores _* 65,064 So Calif Edison Ltd com 25 1.301 Original preferred 25 33,058 6% preferred —25 32,577 5%% preferred —25 1,524 Southern Calif Gas 6% pref-25 12,795 6% Series A pref 25 45,682 Southern Pacific Co 100 74,9U/ Standard Oil of Calif— * 1,250 Sunray Oil Corp. -—1 6,893 Superior Oil Co common....2o 5.231 Taylor Milling Corp.—-—--* 128,184 Transamerica Corp ———2 819 Transcontinental & Sest Air.* 122,243 Union Oil of California.—.-.25 11,831 Universal Cons Oil Co.——.10 1,182 Van de Kamps Bakeries—---* 150,293 Vega Airplane Co ...1.50 13,459 Vultee Aircraft lnc --1 687 Weber Showcase 6c Fix pref--* 12,545 Wellington Oil Co -.1 1,077 Western Air Express Corp. ..1 100 Western Pipe & Steel Co. 10 4,864 Yosemite Portl Cement pref 10 _ - - 12 4851 6 F 9% 28% Sale It* 40* 41% Sale 18% 6% 17% 20 11 g 11* s!* 3* 13c 7% 1% 7% 5% 46% 20c 8 a YA Sale 5% 47% 30 32 12% 13% 2c 8c 27 24 2c Sale "25c" ""7 % 2 1% 33 25c 30 14c 7% 8% 70c 9 A* 42 43 29% 10% 30% 10% 43% 29% 9% lc 8c lc 26% 23% 28% 24% 5c "25c" 5c 3% 5% Sale 4 6 28% Sale Sale 34 Sale 34 15 25 % Sale Sale 8% 18% 1% 21% 8% 5% 18% 12% 7% 8 6 Sale 'l6% Sale 15 15% 9% Sale 35% 34% 9% Sale 1% 24 10% Sale 19 Sale 8% 9% 5 Sale Sale Sale 5 "~4% 2% 8 9 8% 8 2% ith it* 214 3% 6% 6% Nov. 16 5% Nov. 14 1% 5% 19% a5c Nov. 11 11 Nov. 22 1 Lowest Sale Prices Nov. 12 Nov. 1 5% Nov. 14 a9c 35c Nov. 1 Nov. 13 a5c 12 27% Nov. 42 38 37 29% Nov. 34% Nov. 34% Nov. Sale 6% 21A 1.7b 1.40 5% 26% 46% 29% 29% 34 34% 8% 17% "25 10 37% a4% 4% 17% al7 a7% 7% 16% 16% Sale 1% 26% 29 18 27 22 22 27 15 16 Nov. 29 Nov. 27 40 37 a4% al7% a8% 17% 1% Nov. 22 Nov. 22 Nov. 18 Nov. 13 Nov. 14 35 14c 85c 9% Nov. 29 Sale 1 Nov. 15 14c 85c 9 Nov. 7% Nov. Nov. Nov. A* Sale 4% Nov. 44% a42% Nov. 30 Nov. 31 10% a9% Nov. 25c Nov. 16 9% Nov. 26 Nov. 7 a43% Nov. 25 Nov. 31 7 al0% Nov. 8 Nov. 8 8c 27 26 Nov. 8 26 25c Sale 6% Sale 47% 30% 29% 36% Sale Sale 18 2 1 48 Nov. 30 Nov. 29 Nov. 2 8 35% Nov. 34% Nov. 27 it* Nov. 29 Nov. 28 1% Nov. 15 Nov. 4 9 6% Nov. 15 28% Nov. 4 48 Nov. 31% 29% 35% 53% 9% Nov. Nov. Nov. Nov. 25 Nov. 9 Nov. 8 1% Nov. 27 20 24 Nov. 18 25 Nov. 22 11 11 Nov. 29 Nov. 30 11 Nov. 29 5% Nov. 28 a20% 1 Nov. 13% Nov. 6 8% Nov. 9% 9% a5% 2% Nov. Nov. Nov. Nov. 4 Nov. 13 Nov. 8 Nov. 20 9 8% "2-A 8% 8% a5% 1% Nov. 26 Nov. 20 Nov. 19 Nov. 1 12 12 19 20 5 19 1.45 21 1.75 37% 4 17% 6 12 Feb. 21 Feb. 5 5% Sept. 23 30c 47c 12 June 21 10c May Mar. July May May May May May May Sept. 13% Apr. 16 12% Mar. 15 10 July 11 34% Mar. 27 34% Nov. 6 31 % Jan. 8 20 l£ 11 31 25 25 29 21 40 1% Nov. 18 1% Nov. 18 Jan. 6 16 Nov. 29 49% Jan. 21 Jan. 23 2 13 June 17 20% Feb. 19 30 28% May 11 5 2% Jan. 9 40% Apr. 17c May 11 9% Nov. 29 Jan. 8 1% Oct. 29 May 21 14c Mar. 29 6 May 18 62%cMay 13 7% Jan. 12 3% May 15 50% Mar. 30 26 May 28 8% May 22 2c May 15 20% May 22 24% Jan. 25 10c 1 3% Nov. 6 5% Nov. 26% Nov. 29 27% 9 30 July 30 4% 4% Sale 17% 18% al8 12% 13% 13% 8% 7% 8% 8% 8% 5% 1% 3% 7c 9% 12% 26% Nov. Nov. Nov. Nov. Nov. Nov. Nov. Highest Sale Prices Sale Prices 25c Feb. 28 27c Oct. 24 10 27% 34% 31% 23 30% 29% 33% 2 9% 9 48 35 11c 4% 28% o AA 30 Sale Sale 29 H 33 12% 9% 27% 33% 30% 39% 36% 3% 3.6% 7% 15% Sale Sale 33 V 16% 70c Sale It* in 5% 10c 22c 10 -—- 4% Ask Highest Lowest Nov. 30 Sale Prices a9c Nov. 12 Pac Finance Corp common. .10 Preferred A— —10 .1 ' Ask Bid Bid Oct. Jan. 19 Jan. 11 10% Oct. 9 1 7 Apr. 24 8 52% Apr. 4 33% May 24 9% Oct. 3c 31 Jan. 9 Mar. 21 24% Jan. 25 Oct. 18 10c 18 4% Apr. 15 8 7 Apr. 30% Apr. 15 2% May 14 4% May 28 23% May 28 38% May 27 27% May 22 24% May 21 34% Jan. 16 30 May 20 7 May 21 16% Nov. 11 1% Oct. 7 21 May 28 7% June 4 4% May 24 17% Aug. 30 12 May 21 6% Aug. 19 7% June 21 4% Jan. 15 6% July 12 4% Aug. 5 1% Sept. 6 4% Aug. 30 18 Apr. 30 1% Oct. 14 48 Nov. 1 31% Nov. 7 29% Jan. 4 8 35% 34% 15% 26% 1% Nov. Oct. 31 3 Jan. 9 Jan. Apr. 19 36 Jan. 11 Nov. 29 Mar. 14 7 18 20 Sept. 6 17% Jan. 8 15% Jan. 3 9% Mar. 27 14 Apr. 16 9% Sept. 23 Feb. 20 3% Jan. 22 6 7 18 3 Mar. 28 Apr. 30 Feb. 2 MINING STOCKS— 415 3,000 18,000 1,000 400 1,000 1,979 124,900 118,500 11,000 7,285 6,000 2,100 24,534 Alaska Juneau Gold M Co-.10 Black Mammoth Cons M ColOc Calumet Gold Mines Co... 10c Cardinal Gold Mining C0....I Cons Chollar G 6c S Co 1 Imperial Development Co..25c Prince Cons Mining Co 10c Zenda Gold Mining Co.—-25c UNLISTED STOCKS— 383 479 1,335 6,744 780 1,325 129 661 100 1,395 215 462 1,223 724 94 1 340 28 1,323 290 1,705 485 195 3,304 165 200 285 2,385 646 270 950 397 149 1,013 567 646 2,000 105 2,690 3,200 1,057 889 1,210 921 571 230 1,232 8,606 65 603 9,920 265 697 434 116 773 33 745 329 95 957 368 357 370 702 4.110 725 342 320 12 %c 15c %c lc 5c 10c 2% 2% %c lc 28c 38c 2%c Sale ^ 4,623 Amer Rad 6c Stand San.——.* 3,682 Am Smelting 6c Refg Co..—.* 17,615 American Tel & Tel Co 100 25,814 Anaconda Copper Mining—50 5,873 10,509 2,779 17,077 2,040 16,189 2,444 6,150 11,035 7,081 1,350 Armour & Co (111) ——.—5 Santa Fe Ry—100 25 3 Transportation 1 Atch Top & Atlantic Refining Co Aviation Corp (Del) Aviation 6c Barnsdall Oil Co.....——.—5 Bendix Aviation.........—.5 Bethlehem Steel Corp 7,209 20,070 2,071 11,818 5,829 2,664 21,785 - —10 Commonwealth & Southern—* Continental Motors Corp 1 (Del).—.5 Curtiss-Wright Corp.— -1 .......1 —5 Electric Power 6c Light Corp.* General Electric Co.——* General Foods Corp.— Goodrich (B F) Co... * * Graham-Paige Motors Corp International Nickel Co..—..* international Tel & Tel Kennecott Copper Corp 8Jt*c —* * * Loew's lnc Montgomery Ward & Co Mountain City Copper Co..5c Mcrvesson & Bobbins Inc. 5 New York Central RR-—... * North Amer Aviation Inc..—1 North American Co—.— -10 Ohio Oil Co Packard Motor Car Co.. Paramount Pictures lnc Pennsylvania RR Co Pure Oil Co * * 50 24 * Republic Steel Corp * Seaboard Oil of Del * Sears Roebuck & Co * Socony-Vacuum Oil Co.. 15 Southern Ry.. .——....* Standard Brands Inc....—..* Standard Oil Co (N J) 25 Stone 6c Webster Inc...—.* Studebaker Corp —.....1 480 Superior Oil Corp (Del) ...1 25 6,230 Swift & Co 4,825 Texas Corp. 25 3,176 Tide Water Assoc Oil Co....10 5,168 Union Carbide 6c Carbon..—.* 6,639 United Air Lines Trans Oorp..5 7,034 United Aircraft Corp........5 3,469 United Corp (Dei). ....... * —10 6,777 U S Rubber Co 36,057 U S Steel Corp.............* 5 5.304 Warner Bros Pictures 2,435 Westinghouse Elec & Mfg—50 Willys-Overland Motors Inc..1 9,558 * No par valua a Odd lots, b Second liquidating dividend _ 26% 23% 7% 3% 8 * .'. Sale 1 Radio Corp of America; 1% %c 20c 1% lc 30c 2c 3c 5% 7c 2c 3c 6c 1.40 Sale %c 20c 2c % 5% Nov. 29 6c Nov. 15 5% Nov. 16 9 6c l%c Nov. 13 5c Nov. 2o 1.40 Nov. 30 l%c Nov. 13 5c Nov. 21 1% Nov. 6 %c 7c 8»/* 6 23% 19% 86% 12% 20% 3c 2c Nov. 7 2c _ 12% 79% 8% 13% 34% 9 8% 1% 21 aa 11 87% 16% 48% 2% 41% 67 4 117% 13% 79% 8% 13% Sale Sale 44% 12% 9% 2% Sale 36% 9% 35% 9% 8% e \A Sale 36% 10 75% 74% 19% 18% 42% 41% 2% 2% 21% 22% 70% Sale 3 2X !06% 107% 2% 21% II* Jan. 14 %c Jan. 2c Jan. 7 %c June 21 Nov. 4 Nov. 7 June Feb. Jan. l%c Jan. Nov. 13 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 5% 7 35% 26 148 14 19 13 4 22 15 26 20% 12 4% " . 13 8 15 20 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 13* 25 H June May June Aug. Sept. May Aug. June Nov. 27 Nov. 37 Nov. Nov. Nov. 13 Nov. 7 _ Nov. 25 22 10 11 30 22 14 10 15 20 6 17 21 1 Oct. 9 Nov. 15 24% July 5 Nov. 12 22 Nov. 13 38% Oct. 29 2% May 21 Nov. 12 Nov. 13 Nov. 12 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 12 12 12 9 29 12 1 Nov. 8 9 a 15% Nov. 15 al6 14 Nov. 14 74% 75% a74% Nov. 29 a80% Nov. 8 10 Nov. 14 8% Nov. 28 8% Sale 14% Nov. 12 14% Nov. 12 12% 13% 7 6 % Nov. 27 Nov. 1 6% Nov. 6 a37 Nov. 15 34% a33 33% 7% a7% Nov. 12 a8% Nov. 28 7% 8% 8% Nov. 2 7% 8% Nov. 26 1% ol% Nov. 27 fll% Nov. 27 1% 21 Nov. 1 21% Nov. 2 21% 21% a36% Nov. a39% Nov. 37% a9% Nov. a9% Nov. 9% 75 Nov. 70% 75% Nov. 19 Nov. 19 Nov. 15% a46 % Nov. 14 44% o40% Nov. 43% 2 % Nov. 2% Nov. 4 1% 1% 23% Nov. 26% Nov. 15 24% 23% 68 68% 68% Nov. 20 76% Nov. 9 2 % Nov. 19 3 3% Nov. 23 3% 1*4% 105% al02%Nov.27 al09% Nov. 8 2 2% Nov. 9 2% 2% Nov. 9 IIP. I & - _ as 4 9% 15% 16% 5% 2% 5% 19 % 7 June 5 Nov. 13 May Aug. June May May May July 22 Oct. 7 14 11 22 15 17 19 4% 14% 11% 68% June 20 May 21 May 21 June 13 7% May 21 12 Sept,12 5 May 22 30 June 2 Jan. 11 90 12% Sept. % TVTnv Nov. 9 20% June 26 2 Oct. Nov. 24% Apr. 6 Apr. Nov. 15 4 14 15 12 3 47% Jan.1 15 174% Mar. 12 31% Apr. 10 7% Apr. 22 8 24% Apr. 22 May 14 8% Apr. 13 4% Apr. 15 19% Apr. 10 12% Apr. 9 34% Apr. 16 68% July 15% Aug. 4% Sept. 4% 9% % 2% 17% 6% 24% 5% 4% 9 10 , May Juiy May July June July May May Oct. Aug. June Nov. June May . May 6 15 17 2% Jan. 3 %c Feb. 26 35c Mar. 26 May 51 Apr. 5% Juy Nov. 24% Nov. t Name of Los Angeles Industries. Inc.. changed to Blue Diamond Corp of $3.50 per share paid Oct. 10, 1940. 4c 1 28c 30c 6% Apr. 4% May %c 7 % Nov. 13 7% 7% 7% 7% 7% 42 Nov. 7 42 43% 44% 44% 45% 167 164% 165% 166 166% Nov. 14 166% 28 25% Sale 27% 24% Nov. 7 29% 5% 4% 5% 5% 4% 5% Nov. 7 17 Nov. 19 18% 17% 16% 17% 17% 23% 23% 22% 23% a23% Nov. 22 a23 % 5 5% 5% 5% Nov. 4% 3 3% 4% 3% Nov. 3% 17% 16% 17% 17% Nov. 19 18% 10 9% a9% Nov. 22 a9% 8% 9% 33% 31% 33% 32% 33% Nov. 2 33% 89 88 90 Nov. 8 90 §8* 21 20 20 al9% Nov. 1 a22% 3% 4% a3% Nov. 4 a3% 3% 62 58% 60 a58% Nov. 1 a58% 49 48 48% a-47% Nov. 7 a48% 6 % 6 5% a5% Nov. 12 a6 5 Nov. 18 6% 4% 6% 6% 10% 10% 10% a9% Nov. 6 oll% 1 % 1 1 Nov. 16 % 1% Sale 4 4% 3% 3% Nov. 7 3% 3% 18% 19% 20% Nov. 15 20% 17% 19% 8 10% 9% 8% 8% 8% Nov. 2 28 28% 28% a27 % Nov. 28 a29% 27% 4 6% 6% 4% 6% 5% Nov. 6 6% 4% 6% 3% a3% Nov. 28 a5 33% 35% 32% 32% Nov. 27 35% WA Sale 37 37 Nov. 1 37 34% 34% 14 14% 14% 14% Nov. 8 14% 13% 1% % % Nov. 11 % 26% 23% 24% 27% Nov. 7 27% 25% 2 2 2 Nov. 25 •2% 1% 1% 34 34% 35% 33% Nov. 6 37% 34% 27 30 29 Nov. 7 30 27% 29% 39% 38% a36% Nov. 22 a41 38% 37% 4 3% 3% 3% Nov. 7 4% 3% 4 4 Nov. 13 5% 4% 3% 5% 16 15% 14% 13% 14% 13% Nov. 29 18% 17% Nov. 20 19% 17% 18% 17% 18% 20% 21% 16% Nov. 30 16% Sale 7 7% 6% 7% Nov. 22 6% 6% 3% 3% Nov. 1 3% Sale 3% 3% Sale 8% 9% 8% 9% Nov. 7 <3A 24% 23% 21% 22% 24% Nov. 8 25% Sale Sale 8 8 8 Nov. 1 Sale 5 Nov. 27 5% 4% 5% k Nov. lc iSB Continental Oil Co Electric Bond & Share 10c 5c 5 5%c %c 48 Columbia Gas & Elec Corp—* Commercial Solvents .* <Jlass ^ 8c 3c II* - 888 Cities Service Co 5c J* Baldwin Loco Works v t c—13 (Del)..* Borg- Warner Corp 5 Canadian Pacific Ry----—25 58 Case iJ I) 100 3,169 Caterpillar Tractor * 10,676 4,744 10,177 9,147 1,727 47,020 4,996 1,121 2,982 12,203 6,244 4,313 1,380 5,421 4,049 8,093 4,312 6,411 4,500 3,532 21,806 24,587 7,970 5,579 18,694 5,166 5,656 2,334 13,472 53,132 716 4% 4% l%c 3 8 July 22 5% May 20 1% Aug. 26 18 June 5 38% July 15 8% June 3 63% June 12 12% May 21 34 Aug. 14 1% May 15 18 Sept. 13 45 May 20 2% May 16 1% Mar. 13 of March 26. 1940. 51% 6% 7% 16% 1% 4% 8 8 4 Jan. Sept. Apr. Apr. June Feb. Apr. Mar. Feb. Jan. 24 8 Jan. 40 Jan. 8 11 20% 11% 29% 8% 19 8 5 28 2 17 8 7 3 47% Feb. 19 4 20% Apr. 1 Jan. 4 4 38% Jan. 5 4% Jan. 38 9 Apr. 6 35% Feb. 2 47% May 4% Apr. 12 7% Mar. 30 3 18% Jan. 9 Apr. 6 23% Apr. 7% Apr. 17 4 Mar. 11 9% Nov. 29 25% Nov. 12 26 9 7% 24% 11% 87% 12% 17% 7% 45% Jan. 5 Apr. 3 Nov. 9 May 21 Apr. 6 5 Apr. Jan. 26 Jan. 18 4 Jan. 12 Jan. 12% 2% 23% 47% Feb. 20 Apr. 9 Feb. 28 Apr. 4 11 11 Jan. 3 82% Feb. 29 23% Apr. 15 51% Apr. 17 Apr. 3 9 9 4% Apr. 4 2% Jan. 38% Feb. 65 3% Apr. 22 RANGE OF PRICES ON PITTSBURGH STOCK Stock Sales November Shares_ Jan. 1 to Nov. 30 AGGREGATE SALES . November BONDS 4,000 Independent Brewing 6s. 4,000 Pitts Brewing 6s 1,086 8,176 Allegheny Ludlum Steel.. 41 75 272 ~2~ 586 423 3,902 3,963 2,349 13,146 2,747 10 235 2,485 49 _ STOCKS Shares Nov. 1940 Bid $ Shares RANGE SINCE JAN. PRICES IN NOVEMBER Ask Bid 1 Ask Highest Lowest Sale Prices Sale Prices 113 108 1955 1949 Arkansas Nat Gas Corp.. 108% Par 22 X Nov. 27 2 8*4 Sale 1*4 Nov. 27 8X Nov. 8X Nov. 29 9% Nov. 20 11 7 7X Nov. 19 6%, Nov. 1 84% Nov. 12 * 10 Preferred Armstrong Cork Co * Blaw-Knox * Co * By ere (A M) Preferred 37 11 12 % Sale 10*4 Sale 9% Sale 9% 8% «Nov. Nov. 8 10X Nov, 8 1 35c 1 OX Sale 50c * 6X 6% 5% Sale *' 6% Sale 7 Sale Nov. 13 4% Nov. 29 84 X Nov. 12 lOQ 511 1,077 270 4",375 10 Preferred.. 20h 3,398 Copperweld Steel.. .....10 1,715 Crandall McK & Hend 5,160 20,844 3,620 5,042 43,051 10 Products .... Follansbee Bros pref; Fort Pitt Brewing 16 5 Devonian Oil Duquesne Brewing Electric 11 * 5 100 1 100 Harbison Walker Refrac com.* 70 Home (Jos) common. 100 100 370 Jeannette Glass preferred 200 518 3,057 Koppers Co pref 100 * 58,738 Lone Star Gas 429 Mc Kinney Mfg Co. .1 86,429 Mountain Fuel Supply 10 22,586 Nat Fireproofing Corp com * 675 National Radiator Corp 10 260 Penn Federal Corp common..* Preferred 4%% 90 50 5,450 Pittsburgh Brewing * Preferred * 3,073 684 Pittsburgh Coal Co com 100 195* Nov. 20 Sale 189 7,261 3,329 1,360 135 150 100 829 476 1,836 175 100 '"372 2,000 3,045 "155 86 Y.146 15 "4.170 Preferred 760 Pittsburgh Forgings. & Gas 3,998 Pittsburgh Oil & Gas 5,096 Pittsburgh Plate Glass 9,825 Pitts Screw & Bolt Corp. 700 17 14 15 13 & 11H 11 11X 12 5 Sale Pittsburgh Steel Foundry 5,140 Renner Co 770 Reymer & Bros common. BmiH TVTfrr ' 2,085 Ruud Mfg/ 72,449 San Toy Mining Shamrock Oil & Gas 25,075 "8% Preferred 453 799 C% preferred 35 United Eng & Foundry 326 United States Glass 622 Voting trust certificates 4,883 Vanadium Alloy Steel 14,770 Victor Brewing Co 483 Waverly Oil Works class A 20,084 Westinghouse Air Brake 2,034 Westinghouse El & Mfg 20% Nov. 1 15 .12 X ..... 11X Nov. 7 Nov. 9 Nov. 29 5% Nov. 26 IX Nov. 6 IX Nov. 5 12 14 IX 1% Sale IX IX 1X 26 30 29 30 30 30 Nov. 84*4 Sale 10 10*4 Sale 1% Sale 6% 7% IX 31 32*4 5% Sale IX 90 9% S3 ft 6 I 1 A 7 1X 28% Sale 10X 4 Sale Sale '8 H IX 93 9X 95 9% 90 85c 7 Sale 7 96 Nov. Nov. 27 9% Nov. 10 X Nov. 18 Nov. 4% Nov. 29 4 '"5% "5;X Nov. 100*4 Nov. 12 6% Nov. 1% Nov. 5X Nov. 80c Nov. 8% IX Sale 30 31X 1% NOV. 25 30M Nov. 15 1% Nov. 25 31 Nov. 26 15 X Nov. 13 IX IX ~8% Sale' 91% Sale 7X Sale 30c 3X 1 35c ..... 6X 5 1 lc 1 1*4 lc 2c 2X 2c IX Nov. 1 88H.Nov. 4 6% Nov. 27 3% Nov. 25 Sale 3X 1 2X 100 40c 1 8 lc 55c 8% Nov. 12 3 X Nov. 25 35c Nov. 18 8% Nov. 9 9 lc Nov. 2 Nov. 6 8 Nov. 12 Nov. 6 2% Nov. 35c Nov. 18 79 X Aug, 15 Apr. 1 Jan. 10 25c 2c 2% Sale 25c 30c lc 7 ::::: "33*4 20c 30c 40 10c 2X 21% Sale 15c 3X Sale 40c 39*4 5c ♦ 6,028 Pennroad Corp v t c._ No par vame. x Ex-dividend. 26 Jan. 10 6 12% Aug. 23 117 14 9X June Mar. 21 Jan. 9 Mar. 13 Mar. 12 4% May 23 9 May 22 1% Jan. 18 _ 6X Mar. 29 20 Jan. June 15 Apr. 12% Jan. 32 Mar. July 100*4 Nov. Apr. Nov. May 24 96 May 24 10*4 May 6 Mar. 30 Sept. May 15 6% May Sept. 30 1% Jan. 7% Jan. 4% June 4 Mar. 1 % Mar. 20 25 Apr. May 24 Jan. 90c July 25 28 Apr. May 22 36* 4 6* Apr. May 16 ii Jan. 20 10 Jan. 18 1% Feb. 1 66 June 10 4 X May 15 2X Aug. 7 30c May 15 27* 15* 1* 104* 8* 5 50c 2 Jan. 10 5 2 12 27 9 10 6 3 9 20 25 12 17 15 4 Nov. 13 Feb. 1 Apr. 18 Jan. 2 Sept. 21 July 16 Jan. 12 Oct. 5 May 21 9% Mar. 27 Feb. lc lc 18 9 1% Apr. 30 20 June 1 1% May 14 June 13 Nov. 13 8 Nov. 13 5% Sept. 17 Oct. 25c Nov. 2 25c 40X 37" Nov." 1 4l" Nov. 7 28 10c 2% Nov. 29 20H Nov. 6 2% Nov. 29 24 X Nov. 14 15 Apr. 25 May 23 Oct. 5 1 2% Oct. 31 Jan. 9 31 65 8 33 55c 25c 41 2 Nov. 26 3 Nov. 18 Oct. Apr. 24 Feb. 19 June 12 Nov. 7 Jan. 17 3% Apr. 17 2% Nov. 29 15% May 21 24% Nov. 14 3 77X May 21 117% Jan. 10c 15c '21% 'Sale' 16 Apr. Nov. Feb. 25c UNLISTED 555 Jan. Apr. 22 2 25c 40c 40c 1 1 18 55 8 40c 5 25 15% Jan. 31 55c 1 Jan. 7% Nov. 19 7% Apr. 8 85 July 11 1 9 8 * 50 15%. Nov. 13 1% Nov. 1 91%. Nov. 27 80 80 10 5 * 40c 27 June 22 100 * 1 5 21 21 27 4% May 22 20 99X Nov. 5 7 14 12*4 * 25 * * May May Aug. 74% Apr. 10c Apr. 4 200 Jones & Laughlin Steel pref. 100 3,437 19 Oct. 10 Apr. 24 Apr. 8 Jan. 3 13 H Feb. 10 74% Apr. 9 2% 8% 43% 11X Feb. 20c 2,283 Consolidated Ice Co 100 26X May 10 113 H Apr. May 18 7 100 140,216 Carnegie Metals 10,128 Clark (D L) Candy 30,500 Columbia Gas & Electric 299 6% pref series A 11 110*4 Jan. 25 Apr. Nov. 12 Sale Sale Jan. Jan. Sale Prices Jan. 9 9 113 May 21 25*4 Nov. 12 Sale 24 X * Highest Lowest Sale Prices Nov. 30 Ask Bid 100 Preferred 1 Price Jan. 2 Since Jan. 1 $8,000 14,000 $8,666 Jan. 1 to Nov. 30. PITTSBURGH STOCK EXCHANGE In 1939 1940 November 96,698 1,074,935 44,561 659,892 EXCHANGE Bond Sales 1939 1940 1% May 24 3 Nov. 18 General Quotations OF BONDS AND STOCKS In the earlier part the country, of this publication complete records of for the latest month and for the calendar the dealings date, year to the leading stock exchanges of on General Quotations we combine in only those dealt in the exchanges, but also leading unlisted and inactive securities. on one comprehensive whole, securities of all classes and descriptions, index to the different classes of securities of In this department furnished. are not The following is an quoted: Page Page Page ...................... 84 Joint Stock Land Bank Securities........ 84 Railroad Stocks Federal Land Bank Bonds............... 92 Mining Stocks.......... 85 92 Real Estate Bonds... 94 Textile Stocks 73 78 71 101 88 Title Guarantee and Safe Deposit Exchange Seats Foreign Government Bonds 93 ........ Industrial Bonds...................—.. 85 Municipal Bonds—Domestic Canadian 81 Industrial Stocks ............... ........ ....... ....... Public Utility Bonds Insurance Stocks..^»*^..................100 Public Investing Companies Securities.......... 72 ... Railroad Bonds ... Utility Stocks. 67 —- ...................... ........— Real Estate Trust and Land Stocks....... 86 ........... ....... Stocks. 85 United States Government Securities..... 92 United States Territorial Bonds..... 92 preceding the date of issue. letter "f" prefixed td bond prices denotes that the quotation is a flat price—that is. that the accrued Interest forms part of the price, and 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 Quotations for all securities are as near as possible for the closing day of the month The therefore always "fiat," and no designating mark Is employed to indicate the fact Quotations for equipment bonds are based on average maturities. Quotations for guaranteed stocks are "and dividend" that is the accrued dividend must be paid in addition to the price. and unlisted securities are merely nominal, but in all It should be borne in mind in the use of these tables that the quotations for many inactive cases the figures are obtained from sources which are considered reliable. The following abbreviations are often used, vix.: "M" for mortgage, "g" for "cons" for consoli¬ gold, "gu" for guaranteed, "end" for endorsed, dated "conv" for convertibie, "s f* for sinking fund, "1 g" for land grant, "opt" for optional. The black-faced type in the letters showing the interest period indicates the month when the NOTICE—All bond prices are "and interest" except where marked "f" Bonds Bid RAILROAD BOND8 00 Gen A ref 5 He 1945 ser B.AAO Alabama Great Southern— 110M 107M A...JAD JA 93" 1st mtge g 4% ext ff Alabama A Vicksburg Ry— 1st M g 5a 1974 ■» rieu A.-MAN 7M 87 111 108M "I" 95 / 68 If* PLEA West Virginia— Ref 4s ext to 1951...MAN b 2.00 47 108 87 M 97" due 1955. 96 100 99 96 104M 111M 110M 101M Eq tr 2 Ms 1941-1949. 98 M 100 Bay City A Battle Creek— 3s 1989 Belt 1st 5s JAD 99 M 34 34M 33M 12 M 34 M 13 1st mtge gu 58M 44M 51M 1.25 45 M 52 M 0.50% J.00% 1.00% 1.50% 1.50% 100M 67 M 68M 52 J4 69M 65M Atlantic Coast Line RR— 1.00 >b 1.90 0.50% 1.40% 1.35% 75 Atlantic Coast Line af 8 O— 95M 44 97 M 30 27 18M 34M 60 61 30 101M 1 1944 1 1944 1945 1 1945 — JAJ .JAJ 5 100M 105M (stamped modified) *34--AAO FAA 42 M 70 3M 3M 43 M 72 M 4 3M 100 102 M 1.40 1.10% 70 2s guaranteed 19422s guaranteed 1943 Guar 7-year 2 Ms 1944 74K 97 73 70 H 18% JAJ FAA FAA JAJ 7-year guar 2 Ms 1946 3s guaranteed 1944 MAN 3s 15-year gtd 1952 FAA 3s 13-year guar 1950 JAD 3s 16-year guar 1950 JAD 3s 15-year gtd 1953 FAA 3s 15-year gtd 1959 JAJ 4 Ms guaranteed 1951 MAS 4Ms guaranteed 1956 FAA 4Mb guaranteed 1957 .-JAJ 4Ms guaranteed 1955 J&D 5s 15-yr. guaranteed 1954-FaA 5s guaranteed July 1 1969 JAJ 5s gtd Oct 1 1969 ..AAO 5s guaranteed 1970 FAA Equipment trusts— 4 Ms series J 1941-42___MAN 5s series K 1941-1944..MAN 4M« series L 1941-1945.JAD Canadian Nor deb 6 Ms '46—JAJ Canadian N W 4 Ms Oct 22 1943 — Canadian Pacific Ry— 3s serial coll tr 1941 3s conv coll trust 1945 89 M 92 M 78M 80 79 80 80 78 80" 81 82 76M 76 77 M 78 78 77 74M 76 77 77 93 94 93 96 94 97 M 90 92 95 96 96 M 96M 97 M 96 4,25 4.65 3.25% 4.00% 4.65 4.00% 105 105$ 100 103 70 JAJ 3 Ms conv coll trust 4s conv coll trust 1949 4s cons deb 94M 93 FAA AAO 1951--FAA 97 97 97 5s series CO Jan 1 5s seriesDD June 40 68 M 97 5s series A A April 5s series BB April 35 Canada Atl Ry 1st 4s 1955—JAJ Canada South 5s 1962 ser A.AAO 90 AJuly'70..MAN 98 98 36M Gen M g 4s 1955 1.20% RR I960—JAJ 5s series W April 1 1942 5s series X July 1 1942 5s series Y Jan 1 1943 5s series Z May 1 1943 16 2 Certificates of deposit Cambria A Gl'field 5s g '41.-JAJ 72 H 79 98 14 33 — 1.10% 72 78 M 71H 69M 99 M 99 H 9 98 JAJ Cons mtge 61 ser 1.25% 1.50% JAJ int at 3% to 1946 due 1957 Buff A Susquehanna RR Corp— 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North— 61 58 series T Sept 1 1941 5s series U Nov 1 1941 5s series V Mar 1 1942 2.00 Buffalo Rochester A Pittsburgh— 84 59H 1st mtge 4s ser 3.00 1.85 1.50% 2.25% Canadian National Rys— 59M MAS 71M 2.00 Equip trust 2 Ms 1941 47--AAO 87M IncM4M Equipment trusts— > b • 2.00 45" 4HB ser A 1943..AAO lBt mtge 5s ser II 1955—MAN 1st mtge 4 M» ser J J 1961.-AAO 98 1947—FAA Buffalo Creek 1st 5s 1941 1st ref 5s 1961 63 M 88 Boston A Maine RR— 1st mtge 5s ser AO 1967. 94 Cambria A Indiana RR— 1st mtge 90 65 40 87 1947--JAJ15 481950 56M 54 V9 3He Jan 1 1951 JAJ Ref 3 Ms 1952 gu N Y O..AAO 80 87 M 67 M 95 94 51 55 83 83 Albany 5s Oct '63—JAJ JAD 4 Ms impt 1978 FAA 101" 77 52 lstm 4Ms Juy 15 6s ext to Jan 15 1947 Con 1st A coll tr 5s g 22 73 H 95M 62 M Boston A 93 FAA 4s 1955 Bost A Prov deb 5s July 1 1938... Boston Rev Beach A Lynn— Boston Term Co 3 He 51M Equip tr 2 Ms 1941-1947—MAS b 1.40 Big Sandy Ry 1st g 4s 1944..JAD 109M Birmingham Southern— Equip trust 3 He Dec. 1 1940-46 b 1.65 5a June 1942 99 5s 1941-1944 .MAN Boston A New York Air Line— 1938 Blrm Term 1st g 4s 1957 gu.MAS Boonville St L A Sou 5s *51.FAA / 93 1 1947 Mtga 4He 1944-........-JAJ Mtge 4s 1942 FAA Mtge 3s 1950 JAJ Equipment trusts— 3 He 1940-1944 JAD 4s June 1 A Dec 1 1940-1949. 4Ms 1941-1943 AAO Bessemer A Lake Erie— 112 Gen 1st g 4s July 1948 JA At! A DanvilK 1st 4s 1948—JA 34 M 39M 101M Northern— Atlantic Coast Line (Conn)— Irred ctfs of indebt 5s JA 71M 38 M liiM *105" See Seab'd Air Lli Atlanta Knoxville A 34 JAJ/ 50 Beech Crk Ext 3M* 1951.—AAO 75 Belt Ry of Chatt 1st 5s '45-.JAJ 93 Beividere Dei cons 3 He 1943. JAJ 105K Atlanta A Charlotte Air Line— " 1943.-AAO Van Bur Ext 5s g Jan '43.AAO Battle Or A Sturgis gu 3s '89-JAD Bedford 1.40 1.10% b 0.20 t 01.50% 30 f 24 1st M 4Klot M 5s 19 1943.....JAJ 1951 .JAJ 4s stamped 1951 Plscat Div g 5s Jan 108M 92 Atl A Blrm. 1st M 5s g Jan 1 Cons refund g 4s 99 Ji A Santa Fe— Conv g 4s of *09 70M Bangor A Aroostook-— 98 % 82 Atchlson Topeka 49 % 93 M 1946_.__ 1947 - 1.50 Eq tr 4^s ser F 1941-44—MAN 6 1.50 Eq tr 2Mb ser J 1941-1950 b 1.75 Eq tr lesser K 1941-50—JAD b 1.75 1.25% Utility bonds. 1st g is 1995 Q Ark A Mem Ry B idge A Term- 3M% to Jan 1 '47.JAJ Tol Cinn Div ref 4s A '59—JAJ / Eq tr 4 Ms ser D 1941 JAJ b Eq tr 4 Ms ser E1941-42— AAO b 70 Anacostia Ann Arbor 57 5s series FF Jan 1 S'western Div 1st M due 1950 104M American Refrig Transit— Equip 5s ser TP, G A H. *41-'4 A Potomac—See 58 series EE Jan 1 5s sreies GG April 1% to Sept 1 '46.MAS F due 1996 int 1% to Sept 1 '46-MAS Conv gold due 1960 FAA / int AA 96M 71 % 57 M Ref A gen M ser 61M 104 94M 70M int 90 _ 80 M JAJ 1946 JAD Ref A gen M ser D due 2000 81 Albany A Susq 3M*» 8 1946—J Alleghany Oorp— Ooll tr conv 5s 1944—...FAA sec Ask {Boston A Maine RR (Continued) Stamped modified bonds: 1st mtge gold due 1948 int at 4% to Oct 1 1946-AAO Ref A gen M ser A due 1995 int at 1 % to Dec 1 '46. JAD Ref A gen M ser C due 1995 interest at 1 1-5% to Dec 1 50M Bid Bonds Ask 4s, July 1948--AAO notes 1944 ;_FAA 1st mtge gtd g 5s 1941 Baltimore A Ohio— Alabama Tennessee A Northern Allegheny A Western— 1st mtge guar 4s 1998 and Income and defaulted bonds. Austin A Northwestern— Aberdeen AAsheboro 1st 5s'40JAJ f 34 90 Adirondack 1st 4 He 1942 gu MAS 102 Akron A Barb Belt g 4s 1942. JAD Akron Oanton A Youngstown— 00 Gen A ref 6s 1945series A.AAO 1st cons g 5s 1943 ser 1st cons 4s 1943 ser B Bid Bonds Ask- bonds mature. (perpetual)—JAJ JAD MAS JAJ 65 67" 62 64 65 67 51M 68M 74 M 63 M 51M 69M 95 4Mb secured ctfs 1944 4Mb coll trust 1946 4 Ms coll trust 1960 95 76 64 M 80 a Called for redemption; see page 111. 6 Basis. / This price includes accrued interest, k Last sale, n Nominal, r Payable in Canadian funds. 68 ' ond trices are Quotations for all securities are Bonds Bid 5s coll trust 1954 69% conv coll trust 1942—M&» 71X Equip trust 5s 1944 J&J 101% 4.60 4%s 1940-1945--------J&D 5 70% 6s 73 101% 4.00% 45 30 a 1st mtge 4s ser A 1965 M&S Carthage & Adirondack— 1st mtge guar g 4s 1981—J&D Catawissa RR g 4s 1948 A&O Central Arkansas & Eastern— 106 93 92% 47 53% 106% 105 1st 6s 1940.——J&J / Central Branch Union Pacific¬ 1 J&D / 13 1948 Central of Georgia— ist 4s 1st M g 5s Nov 2% T1941-1952.—J&d % % % % • b 1951—-J&D f 5s 1946—J&J f 4.00 3.00% Ohatt Oiv gold 4s 4 Macon & Nor g 2% 2% Mobile Dlv g 5s 1946 J&J f Oconee Dlv 1st 5s 1945——J&D f 2% 11 5 14 48% 51% 4sl961 J&J f f J&J f F&A f Ml * ~ 13% 11% 13% 11% 1.25 0.75% . F&A 1954—A&O F&A European loan 4s 1946—M&S 1 st ref 4s g guar 1949 66 1st g guar 4s Oct 1 Guar g 5s I960 67% 65% 39% 35 Central RR & Banking of Gv— Coll tr 5s ext'd to 1942—M&N 51 1st ref 6s 1941-1976-Central Vermont Ry— 80 4.00 Eq tr 5s Dec 14 1940-1944 (yr). b Charleston & Western Carolina— 1st 5s 1946. A&O 100 3.00% 102 Chateaugay Ore & Iron— ---J&J Chatt Rome & Sou 1st 6s 47 J&J / 1942 1957 gu—J&J 96 25" 1941 1942 1943 notes, 1944 notes, 1945 129 104 5-8 104 X 108% 101J4 J&J J&J J&J J&J J&J __J&J notes. notes. 1946 104% 104% 109% 4%s 2%s 1945-1949— Eq tr 4%s 1941-1944 A&O b Chicago South Sh & So Bend— Sink fund 3s ser B 1963 J&J 2.25 Chic Terre Haute & Southeast— 53 57% 39% Guar 4s A&O 1944 105% 108% 105% 102% 1st mtge 3 %s ser E 1963-_-J&J Guaranteed 3%s 1951 M&S 1st mtge 3%s ser F 1963--J&J Chicago & Western Indiana— Consol gold guar 4s 1952._J&J 1st & ref M 4%s D 1962—M&S Choc & Memph 5s 1949 J&J f 102% 90% 100% 71 9% Cine Indianapolis & West RR— 1st (stmp mod) 3-5s 1965-M&N 106% 105% Muskingum Valley— 120% Cln Northern RR 1st 4s 1951 _J&J Cincinnati Union Terminal Co—■ i 1997 81 91% 95 1.45 13 12 22 2.25 85% 72% 81% 92% 96% 1.10% 13% 13% 28 1.50% 106 Chic Great West 1st 4s 1959-M&S 27% 1st mtge 4s w 1 1988 J&J Gen mtge inc 4%s w i 2038 J&J Equip tr 4%s "A" 1945—A&O 55 28 2.00 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 O—J&J 1st & gen 5s 1966 series A-M&N 1st & gen 6s May *66 ser B.J&J Equip tr ser E 1941-1944-A&0 108% 27% 56% 29 1.40% 69 15 18 15 17 18 5 19 6% 4% 2.00 1.40% 11% 14 Monon Coal— / 6% Indianapolis & St Louis— Short Line 1st 4s 1953 A&O Chic June RR 1st 4s 1945-—M&S 74 105 78 105% Chicago Memphis & Gulf— Ext at 3% to 1962-...—J&J Chic Mllw & Gary 1st 5s '48- A&O Chic Milw St Paul & Pac RR 60-yr 5s 1975 series A F&A Conv adj 5s Jan 2000 A&O Eq tr 5s ser J '41 to *44 J&D 4Mb ser L '41 to '45—M&S 2%s ser M 1941-1947--M&S 2%s ser U Dec 1 1940-1949Chicago Milwaukee & St Paul— Gen g 4s A May 1 1989 J&J Gen g 3%s B May 1 1989-J&J Gen 4Mb May '89 series C_J&J Gen 4%s May 1989 ser E.J&J Gen M 4Mb May '89 Ser P.J&J Equip trust 3Hb 1941-'53A&0 Eq 4%s "41-'43 E & F (yr).J&J Eq4%sl941G&H (yr>. J&J Chicago & North Western— Gen M3Hsg 1987 M&N Gen M gold 4s 1987 M&N Stmpd non-pay Fed inc tax Gen M 5s '87 stpd inc tax .M&N GenM4%s'87 stpd inc taxM&N / GenM4 %s'87 stpd inctax M&N / 15-year 6%s Mar 1936—M&S f 1st & ref 5s May 2037 J&D / 1st & ref 4 %s May 2037.-J&D / 1st &ref4%s May 2037 O J&D f Conv g4%s 1949 ser A—M&Ni/ 1977-J&J 80% 109 105 107% 105 84" 29 2.85 2.15 1.75 13 2.10% 1.50% 1.25% 13% 13% 13% 13% 13% i!H 13 % 16% 17 17% 16 8'% 8% 8% 1% 9 9 9 1% Called for redemption; see page 111. 6 Basis. 13% 99% '41.J&JI J&J Ga & Ala 5s Oct 1945 J&J'/ Ga & Ala Term 1st g 5s 1948.J&D / Georgia Carolina & Nor— Ext at 6% to July 1 1934 / 14% lOO" 96 12 15 14 «... 4s Jan 1 1947 Ga Sou & Fla 1st g 5s Deb 5s 1952 J&J - 2 2 - 48" 101% 1945—-J&J 50 67 68 51% Gouvernour & Oswegatchie— 1st 5s 1942 J&D Grand Rapids & Indiana— 2.00 1.50% 107% 32 60 60 . 95 1st 4%s 1941 J&J 1st 3 Mb 1941 J&J Grand River Valley—See Michig Grand Trunk Pacific— 101% 101% an Western div 1st 3s 1962 Cen tral J&J Prairie Section 4s ser A '55 A&O Mountain div 4s ser B '55 A&O 61 64 61 64 Lake 64 82 80 5s I960——— J&J Colo & Southern 4%s 1980.M&N Oolumb & Hock Val 4s 1948-A&O 113 F&A 111 Concord & Claremont 5s '44-J&J Connecticut & Passumpsic Rivers 85 Grand Trunk Pac Branch Line— Alberta Lines— 98 4s Feb 15 1942 M&N Grand Trunk Western— 1st g gu 4s $ July 1 1950—J&J 78% 79 Eq tr 5s Dec 14 1940-*43 (yr)__ Grays Pt Term g 5s 1947 J&D 4.00 82 3.00%. Colum & Toledo 4s 1955 24 14 13 1st gold 4s 1943 A&O M&S Connecting Ry (Phila)— 1st M gu 4s Mar 15 '51-M&S 15 112 M&S Superior 1st 4s '55-_A&O Sterling 4s 1962 J&J 119 1st 5s 1951 94 Consol Rys (N H) deb 4s *54_J&J Deb 4s 1955 J&J 4s 13% Deb 4s 1956 guar J&J J&J 20% 17% 17% 20% 20 J&J J&D J&D Imp & equip 5? 1960 M&N D&nbury & Norw ref 4s 1955.J&J Dayton Union Ry 1st 4s '49-J&J Del & Bound Br 3%s 1955.-F&A 1943 21 99% 1st con g 4s 1st con g Denver & 1936 4%s 1930 1st 5s 48% J&J J&J J&« 2.75 2.00% 8 5% . Gen income 5s Aug *55 F&A Assented subject to plan Ref & impt 5s 1978 ser B_. A&O M&S 6 Eq tr 4%s 194l-'42 (yr)—M&N Equipment trust 5s. 4%s series O 1942 M&N 2.00 1.75 2.00 2s series F 1941-1950—M&S Denver & Salt Lake Ry— 2.50 Inc mtge 6s Jan 1 1960-An Apr / 1st 4s 1950 J&J Den Moines & Fort Dodge— 60 5% 1.25% 1.10% 1.25% 2.00% 1.45 W Va Midland Ext 5s '54-J&J Green Bay & Western— Debenture ctfs A Feb 102 3.60%, 1.10%. 87 102 64 60 Debenture ctfs B Feb Guantanamo & Western— 5 5% J&J 25 A&O 83 86% 1st 5s 1950 series C— A&O Secured notes 3s 1941-1945.J&J 80 82 92 96 Gulf Mobile & Northern— 1st 5%s 1950 ser B 2 1 99% 85%. 100 6 4% 94 94 104 % 85 J&J Rio Grande Western— 29 1.70 Equip tr 2%s 1940-1946—J&D 1.20% Gulf Mobile & Ohio RR— Gen inc 5s ser J&J J&J A 2015 1st & ref 4s ser B 1975 Gulf & Ship Island BR— 1st ref & term g 5s Feb 34 35% 60 60% I 86% 85% '52.J&J Stmpd (July 1 1933 cpn on). 100 Gulf Terminal of Mobile— 64 95 Ctfs of dep for gtd 4sl935-J&J Des Plalnes Val 4%s 1947.-M&S 67 73 Det & Mack 1st lien 4s 1995- J&D 34 45 2nd Mort. gold 4s 1995—J&D Detroit Terminal & Tunnel— 1st guar 4%s 1901 M&N 21% 38 100 Detroit Toledo & Ironton— 1st 5s Mar 1 1964 104 Eq tr 2Mb 1941-1947 M&N Detroit & Toledo Shore Line— 1st gold guar 4s 1953 J&J Dext & Piscataquis 4 %s "49—J&J 103 J&J 1944 1st M 6s 1958 series A J&J 108 %, 100% 93% 93% 104% 98% - b 108% 108 J&J Secured serial 4s '41-44--A&O 99 Coll tr 4s 1941-1951 J&J 60.50 to 101% 48 106% J&J B Eq tr 2s 1941-1947 Greenbrier Cheat & Elk— 16 102 M&N ser Gen mtge 4s ser G 1940 J&J Gen mtge 4s ser H 1946 J&J Gen mtge 3 %s ser I 1967—J&J 18 Delaware & Hudson— 1st & ref gold 4s 5%s 1952 Gen M 5s 1973 ser C Gen 4%s 1976 series D Gen 4%s 1977 series E 14% 3% 19% 18% 21% 19 17 71 Great Northern— 1st & ref g 4Mb *01 opt '41-J&J Gen M 13% 2% Deposit receipts 7%s extended to 1946 6s extended to 1946 18 14 Cuba Co extend 3s 1955— Cuban Nor Rys 1st 5%s. '42 J&D Cuba RR 1st g 5s 1952 14% 12 A&O 1955 92" 89 4 4% 101 . Harris Ports Mt Joy & Lane RR Ext 4s 1943 J&J Hoboken Ferry 5s 1940 M&N 107% fThis price includes accrued interest, 50 48 126 Hocking Valley 4%s 1999.__J&J Holidaysburg Bedford & Cumb— 1st M g 4s 1951 guar.J&J Holyoke & West 4%s 1951 A&O Housatonic con 5s 1937.M&N 127% 100% 50 50 55 43 43% 10% Hudson & Manhattan— 1.60 107 70 1st mtge k 4s 1957 gu 60 ..J&J Harlem R & Portch—See N Y N H & Ha rtford 1st gold 5s 1957 opt 1.20% F&A Adj inc up to 5% Feb '57-A&0 1st M 4%s 1957 conv F&A Huntington & Broad Top Mt RR & Coal extend 6s 1940 A&O / Extended 5s 1940 A&O f . a 1 J&D / 84% 75% , 27 1st 5s 1938 Fort St Un Dep Det 4%s Genesee River 6s 1957 61% RR— 4% 29 1 f 59 Equip tr 2 %s ser A '41-'52_M&8 Rfv Ry 1st 4s gu 1945. J&D Coeur d'Alene& Pend Oreille Ry— 1.60% 1.60% 2.00% 2.00% 27% 27% 27% 27% 1982 deposit-_|/ Dodge Des Moines & Sou— I 78% 75% Coal 4% 27 15 .A&O Goshen & Deckert'n 1st 5%s 1978 / 2nd ext 0s 1979. M&N / 82% f 5%s 1972 series A—A&O 1st M s f 5s 1973 series B_.A&O 1st s f 4%s 1977 series C—A&O 2.15 2.15 2.75 2.75 24% 27% gold 4s 1950 J&J / ref 4%s *52 opt.-M&N Proof of claim filed Amended 1st con 4%s — See Reading Co. Denver & Rio Grande— 1 cons 8 , Delaware Lackawanna & Western 35 6% M&N / Certificates of deposit / Georgia Fla & Ala 1st 6s *52-F&A / 5% Georgia Midland 1st g 3s '40-A&O 46 Ga RR & Bkg ref 6s 1951 A&O 112 108 s Equip trust 4s Apr 1 1941-49 Delaware River Terminal- 1% 43 % 63 61% 1st M 6s 1946 series A 109 Gen & ref 4%s 1977 ser A.F&A Gen & ref 4%s 1981 ser B—J&J Cleve Short Line4%s 1961-_A&0 3 33 1.40%. 82% 80 Georgia & Florida RR— 103% 106% 104% Ser B 3%s gen gtd 1942 A&O Ser C 3 %8 gen gtd 1948 M&N Ser D 3%s gen gtd 1950—F&A Deb 68 1.80 1.50% 1.50% 1.35% 78* Fort 79% Conn River gold 4s 1943 124% 1.90 1.70 Certificates of 84 Ser A 4%s gen gtd 1942 —_J&J Ser B 4%s gen gtd 1942—A&O Clinchfleld 1.90 , 17& 0.75% 1.25% 3.00% Proof of claim filed 109% 110% Cleveland Union Terminals— 85% 72% 1.60 4.00 1.50% Cleveland & Pittsburgh— 1st 1.25 77% 97 1st M 3 %s ser D 1971 M&N 1st mtge 3%s ser E 1969--F&A Oilfield & Mah 1st gtd 5s *43.J&J Cleveland Terminal & Valley— 1st 4s gold guar 1995 M&N 7% 17 Florida Southern gu 4s 1945-J&J Florida West Sh 5s 1934 J&J / Fonda Johnstown & Gloversv— 1st 1,90 78 U7 X 107 A&O 7 105 76 100% 4M 34 17 30 Gen ref 91 1.50 M&N 33% 17% Eq 4%s 1941 H (s-a)..-.M&S 55 109% 109% It* 33% 33* A&O 1st cons 5s gold 1943 -J&J Florida East Coast 4%s '59-J&D 52 50 Cincinnati Lebanon & Northern— 1st consol gtd 4s 1942 M&N - 0.80% 0.90% 1.20% 1.15% 1.20% 57 39 1st & ref 5s 1974--M&S Certificates of deposit-. 11% 54% 1.50 79 Florida Central & Peninsula— 53 1.50 59 78% 100% Cinn & 104 55 Eq 4%s 1941 LL (s-a) —-M&S Eqtr4%8 1941-43 (s-a).-M&S Eq tr 4%s 1941-1945 J&D Eq tr 4%s 1941-1944 F&A Eq tr 4%s 1941-1942 J&J Eq tr l%s 1941-1950-- —-J&D Erie & Jersey s f 6s 1955 J&J 108% 68 Choctaw Oklahoma & Gulf— Consol gold 58 1952 M&N 106 100 55% Series D 1953 Ref & imp M 5s 1967 Ref & impt M 5s 1Q75 106 88% 90% 103% 1.20% A&O 40 54% — - - Non-cum inc 5s 1955(w-«) J&D M&S 1960 Chicago Union Station— 1.60 & lst & ref 5s 1965 5s stamped 1965 96 1st & ref g 5s Dec 1 '60 opt 71 103% Erie prior lien g 4s 1990 J&J Gen lien gold 4s, 1996 J&J Conv gold 4s 1953 ser A—A&O Series B 1953 A&O ,1.60% 90 107%: El Paso & Southwestern RR- 51% 85 1.25 Eq tr 3 Ms ser O '41-'51-M&N Chicago & Eastern Illinois— 1st consol 6s gold 1934—A&O Chicago & Erie 5s 1st g *82__M&N Chic 46 99%: 107% vVilllatnsport— 1st 6s 1910 ext at 4% 1950-J&J Iuco me 5s 2862 A&O El Paso & R I 1st gu 5s 1951. J&J 64 J&D Ref & imp 4%s ser E 1.25 Chicago & Alton RR— Refunding g 3s 1949 A&O f Chicago Burlington & Quincy— Gen M 4s 1958 M&S 1st & ref 4 %s ser B 1977—F&A 1st & ref g 5b 1971 ser A—F&A Illinois Dlv 3 %s *49 op *29-J&J 4s July 1 1949 J&J Eq tr 2%s 1941-1947 A&O Chicago & Eastern 111 (new co)— Gen M 5s May 1951 M&N Certificates of deposit w 1951 CW&MDlv 1st 4s g '91. J&J St L Div 1st col tr g 4s '90 M&N 105% Ohesterf & Lancaster 5s '55--F&A 5» income Div 1st 4s 106% M&S l%s 1941-1950 F&A Paint Creek Br 4s 1945—F&a Potts Creek 4s 1946 J&J R & A Div 1st con g 4s *89.J&J 2d con g 4s 1989 J&J Warm Spr Val 1st 5s g '41-M&S 2s 1941-1947 Mem 106 J&D Elmira 74 71 98 Ry of Minnesota— 3%s ser A 1970—M&S Eq tr 2%s Dec 1 1940-1949 Chicago St Louis & N O— Con g 5s June 15 '51.-J&D 15 Con g 3%s June 15 '51-J&D 15 18 108 95 1st mtge 1.75% 1.60% 1.60% 2.00 16 Elgin Joliet & Eastern— % 2.25 & 107% 1.10% 107 Nor Div 1st g 4s 1948 A&O Edmonton Dun vegan & British Columbia Ry 4%s 1944—A&O General 4s gold 1993 J&D Gen M 5s ser B 1993.— J&D 104 % M&N 1941-1945 3s 1941-1946 1941-1947-M&N Eastern Clev Cine Chic & st Louis— 103 Equipment trusts— . U Eq trust 2%s 1941-1952--A&O _ notes, 5% 106 % 1.40 M&N 5% 5% 5% 5% % 2s series East Tenn Va & Georgia— Consol 1st g 5s 1956 6 5% 5% 2.25 1st 4s 1948 F&A Cinn New Orl & Tex Pacific Ry— 108% Chesapeake & Ohio— General 4%s gold 1992—_M&S Ref & imtp 3%s D 1990--M&N Ref & .mpt 3 %s ser E 1996 F&A Ref & impt 3%s ser F 1963 J&D notes. 14 Cincinnati Hamilton & Dayton— General 5s gold 1942 J&D 55 Central RR of South Carolina— Chattanooga Sta 4s 11% Inc mtge 5s Dec 1 1987-J&J Gen M 4s 1987 11% 11 1.25 A&O A&O Duluth South Shore & Atlantic 1st gold 5s 1937 J&J East Penn 1st 4s 1958 M&S East Tenn & Western N O— 1st stamped 5s 1965 M&N Chic St Paul Minn & Omaha— 6 — '*» Central of New Jersey— Eq tr 4%s 1941 <yr) Central Pacific— 1.90 1.80 _M&N 4%s I960.. Ask Bid 1st mortgage 3%s 1962 Eq tr l%s 1941-1950 1.25% 1.25% 1.25% 0.75% 1.50% 1.80 deposit Ref g 4s 1934 opt to 1911-. A&O Certificates of deposit 8ec 4 %8 1952 ser A M&S Sec 4% ser A certifof dep. ~5~~ Mid Ga & Atl 1st 5s 1947--J&J f (now 1st) g 5s 1.80 Certificates of conv Bonds Ask Duluth Missabe & Iron Range— 2s series T 1941-1950---M&N 25% 4% Equipment trusts— Geo M Bid Equip tr 2%s 1941-1950—F&A 1 1945—-F&A / Cent New Eng 1st gu Bonds Chicago & North Western (Con.) Equipment trusts— 4%s series U 1941-43.-M&N 4%s series V 1911-44 F&A 4%s8eries W 1941-44--M&S 4 %s series X 1941 F&A 2%s Der 15 1940-1949 Chicago Rock Island & Pac Ry— General gold 4s 1988 J&J 30-yr 22 „. Cons gold 5s 1945 --M.&N / Ref & gen 5%s 1959 ser B.A&O / Ref & gen 5s 1959 ser C—A&O / 4s series DUniFO 'and interest" except where marked "f" and Income and defaulted bonds near as possible for the closing day of the month preceding the date of issue a< Ask (Continued) -J&D Canadian Pacific Ry 4s BONDS RAILROAD AAliiAUdXf NOTICE—Ail k Last sale, n Nominal, r 10% 48 3 % Payable in Canadian funds. NOTICE—All bond prices are Illinois Central— 4s gold _ Louisiana & Ark 5s A 92% 38 Coll trust gold 4s 1952—A&O Ref g 4a 1955 opt 1918—M&N Pur liens 1st g 3M« 1952 J&J 38X 39 40 35 40 X 40 M&N 38 X 40 X —M&N 46 X 50 40-year 4 lis Aug 1 1966. F&A Bridge 4s g 1950--J&D Litch Div 1st g 3s 1951—J&J 36X 36 X -Collateral trust 4s 1953 Ref mtge 5s 1955 78X Carlo Louisv Div 3Ms g 1953—-J&J Omaha Div 1st 3s g 1951—F&A J&J St Louis Div g 3s 1951 Gold 3 Ms 1951 Sp'field Div ext 3 Ms 1951 western lines g 4s 63 43 X 45 75*" 88 53 1951—F&A 55 99 X 92 X L & N Term 1st g 4s *52 gu 0.50% 1.25 1.00% 1st 5s 1947 Macon Terminal 5s 1965 1.25% Maine Central— 37X k 1.25% 41X 38X 99 X July 10 69M 2.00 104M 107X 107 106 112 99M 92 X 88 X 114 1st mtge & . Prior lien 4 Ms assent cash warr't & scrip ret No 4 on 76 1st 90 14 15 . 76 X 50 X 80 1960-J&D -J&J b Manila RR Sou Lines— 1st 4s extend 1959 M&N Manitowoc Green Bay & Western 2.00 1.50% 68 17 X 22 51 53 50 54 1st g gu 5s Nov f f f f 7X X 6X 6X 7X X 7H 114M 1 1959—-M&N b 1.70 1.20% 75 85 86 95 50 5X X 6X IX IX Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— . 1st & gen mtge 5s 1967 J&J Ref & ext 5s ser A 1967-— J&J Ref & ext 6s ser B Jamestown 106X 106M 106X 1967---J&J Frank & Cleartleld— J&D lit g 4s 1959 guar Joliet & Nor Ind—See 56X Mich Cent Joplln Union Depot Co— 1st 5s June 1 1944. J&D Kanawha Br & Ter 5s 1948.A&Q Kana & Mich 1st 4s 1990--A&O Kan City Ft Scott & Memphis— Ref g 4s 1936 guar -A&O Certificates of deposit 105 108 91X 29 27 Kan C Mem & Bir 4s 1934--M&8 Income 5s Mar 1934 Sept 1 Kan City Sou 1st g 3s 1950--A&O 65 X 68 X 1.10 J&J 1914 1946 1.60 2Xs ser G 1941-1916--M&S Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J Kansas Oklahoma & Gulf— 1.75 107X J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR— 1st M 5s 29 X 29X 90 1978 67 X 69 X 0.80% 1.20% 1.30% 108 92 X 4Ms stamped 1961 Ms plain 1961 1st mtge 4X8 unguar 79 75 X 90 75X J&J J&J 1961-J&J 79 75 J&J Cong g ref 3 Ms 1997 Leamington & St Clair 4s *45 Lehigh & Lake Erie 4 X* '1 Lehigh & New England— 1st M gold 58 1945 Gen mtge 4s ser \ 1965 90 1st ref 5 Ms 1978 ser 25-year 5 Ms 1949 Equip trust 2 Ms Prior Hen 4s 1962 ser B 82 108X 91X Eq tr 2 Ms 1941-1952 Missouri Kan & Texas Ry Co— 1st 54X 70 17X 20 X 18X 20 Gen con gold 4X8 2003.-M&N 1 4Xs assented 2003 17X 21 4X8 assented 1940 Lemgh Valley Term 5s 1941-A&O 22 24 44 Lebigh Valley N Y 4Mb ext 1950- 22 19X M&N 24 X 45 56X 5s assented 1941 53 53 36" 38 U7X 63 67 106 106X 93 ■ ■ 99 *• 97 X 97 X 97 X 98X 1.25% 2.00 98 t Secured interest at exchange rate of 4.8665. r Payable in Canadian funds. 28M 57 X — 63 15 73 / / / / / f 6X IX X X 15 1 IX 8X 8X / M&N 1.50 2.00 OQ Coll tr 4s .... 1 _ 4s 1941-1949 New York Connecting b 76 79X 82"" 2.25 1.25% U X 3.50 11X 11X 3X 2.50% 22M 23 3 b f f f f 2.50 York & 2.75 RR— F&A F&A a 105 a 105 100M hirie RR— 102 1st 4s ext g 1947.--.-..—M&N 2d ext 5s 1939 M&S f 99 3d mtge 4 Ms 1938 M&S / 93 X New York & Greenwood Lake— 20 Guar g 5s 1946 M&N 100 X N Y & Har 1st g 3 X8 2000- -M&N N Y & Hob Fy 5s May 1946—J&D 36 New York Lack & Western— 1 1.50 2.00 IX 77 X 80 X 75 70 X 17X 90 Deb 6s Jan 15 '48 conv—J&J15 / Deb 4s May 1 1957 M&N . 17 * X IX 1.10 % 1.50% IX - - 19 3X 15X 16 13M " Deb 4s July 1 '55 non-conv J&J Deb 4s 1956 non-conv...M&N f Deb 4s 1947 non-conv..-M&S 17 10 Deb 3 Ms March 1947 M&S Deb 3 Ms 1954 non-conv.-A&O / Deb 3Ms 1956 conv ...J&J / 14 14 32 15-year secured 6s 1940—A&O / 1st & ref 4Ms 1967 J&D / Equipment trusts— 2Ms 1941-1949 .M&S 2Ms 1941-1950 F&A 3s 1941-1951 M&S — _ 17 M 2.10 2.10 2.20 1.90 1.90 4Ms9-15-41to3-15-45M&S15 -J&J 4X8 1941-1946— Har Riv & Pt Ohes 4s 54 M&N / N Y & N J Ferry 6a 1946 • - 50 82 N Y New Haven & Hartford— 93 - 45 1973—-M&N 1st & ref 4Ms 1973 ser B._M&N New York & Long Branch— General gold 4s 1941 ..M&S General 1st 5s 1941 M&S 1st & ref 4s ser A 66 M&S f M&S f f M&S f f 2.10 J&J M&S 1st guar 5" 1953 series B 1st mtge 3 Ms ser A 1965.A&O New 11X 10X 10X J&D M&S 1st M 4Ms 1953 series A 60 95 89 X 80X A&O 3s 1941-1951 103X 57X ..F&A 1946 3-yr6s ext'd notes 1941 Debenture 6s, 1950 Equipment trusts— 2 Ms 1941-1947 54M X 40 94 X 70 X A&O M&S Ref 5 Ms 1974 ser A. Ref 4Mb 1978 ser O \x 53 X 85 J&D Cent equip trusts— 8X 6X 8X 6 58"" Duyvil & Pt Morris— 1959 4 Ms 1941-1945 ; 98 M 2 Ms Mar 15 1941-1952— — New York Chicago & St Louis— 1st 3 Ms extend 1947 A&O - - - - « - - 1.40 2.65 1.00% 1.00% 2.00% 41 -J&J Ref 1st g 48 June 1992....M&S Gen M g 4s 1955 red J&D ' 1.50 .. 76 X New York Ontario & Western— - r 4X r IX New York Pennsylvania & Ohio— Prior lien ext 4Ms. 1950..M&S 102X Norfolk— 101X J&D 1942....A&O f 92 48 N Y & Putnam 1st 4s g 1993. A&O New York Phila & Stock trust ctfs 4s 1948 N Y Prov & Bos 4s '—- Mohawk & Malone— a 1942 en 86 93 J&J -—J&J J&J ..M&S — L S coll tr g 3 Ms 1998 F&A M O coll tr g 3Ms 1998—-F&A s / 85X 1 1997. J&J tax-exempt.-J&J Deb 48 2 85 f 89 X 60 New York Central & Hud Riv Ref g 3Ms July 82 56 X A&O Impt 5s 2013 O 7X 17 1991 flM <f 34. 10-year 3Ms sec s f 1946--A&O 3 Ms conv secured 1952 M&N 16X 16X 16X X 3 Ms 2002—M&S Monon Coal—See Chic Ind & Lou Monongahela Ry Co— f- F&A 1st M 4Mb 1956series D..F&A / 28 Certificates of deposit / 30 b 1.80 Equip trust 4 Ms Newport & Cincinnati Bridge— 113 1st M g 4Ms 1945 guar J&J 99 Newport & Richfor Is 5s 1941 18 gold 28 M 34M 58 ^ 1st guar g 4s 25 27 17X Consol 67 New York Central RR— 17 1st mtge 4s ser A 1960—M&N Monongahela Sou 5s 1955—A&O Gen 6s 1955 A&O Nominal, 68M ff 98 12X 60 55X 24X 12X Eq tr 4s 1941-1943 M&S Eq 4M« 1941-1942 (yr)—J&J15 b Eq tr 2Ms 1941-1955 F&A b f Montgom Div g 5s 1947—F&A Certificates of deposit 12 67 X / / / / b 10 5 3X . 1st 5s 1956 series O Certificates of deposit 16X Secured 5s 1938 Certificates of deposit 101M 63 1st M 5Ms 1954 series A—A&O Certificates of deposit 17 4s small 1945 Mobile & Ohio— Gen gold 4s, 1938 Ref & impt 4Ms 1977 Certificates of deposit 23 / / A&O / 88 17X 58 small 1945 Gen M g 4s 1945 41M / 63 Eq tr 4 M> '41-'44 F fyr)—M&N b Equip tr 2 Ms 1941-1949--F&A b Mo Pac (old)—Gen 4s 1975.M&S f 3d ext 4s July 1 1938 M&N f Mobile & Birmingham— Pribr lien 5s 1945 J&J ft* IX 60 41 / f / / J&J 68 16M 16X 16X 16X 1st & ref 5s 1981 ser I F&A Certificates of deposit Conv g 5 M8 1949 ser A—M&N Secured 5h« 1940-1956— J&D 60 16 2 scrip Certificates of deposit 1st & ref 5s 1978 ser G—M&N f Certificates of deposit-— f 72 58 4s assented 2003 n coupon Ref & 1st & ref 5s 1977 ser F...M&S f f Certificates of deposit — 70 2 Cons mtge 4s 1998 ser A..F&A Ref & impt 4M» 2013 A...A&O Mo Pacific RR (new company) — 1st & ref 5s Jan 1965 A F&A f f Certificates of deposit 45X IX IX IX 1st 5s 1954 series B Certificates of deposit 55 J&D gold 4s 1990 IX New Orl Term 1st 4s 1953. _J&J / New Orleans Texas & Mexico— Non-cum inc 5s '35 ser A—A&O 96 1st & ref 5s 1980 ser H—A&O f f Certificates of deposit.. 1.70 44 X Eq tr 3s ser Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh valley— 1st gold 4s 1948 J&D Con M 6s ann Irred J&D Con M 4X* ann irred J&D Gen cons gold 4s 2003 M&N 1st 5s extended 1951 A&O Lehigh & N Y 1st 4s 1945—M&S Lex & East'n lstgu 5s 1965.-A&o Lincoln Park & Charlotte— 1st extended 5s 1949 J&J Litchf & Madls 1st 5s 1959.M&N Little Miami guar 4s 1962—M&N Little Rock & Hot Spr West Ry— 1st gold 4s 1939 guar J&J Long Dock cons 3 Ms 1950--A&O Long Island— Unified g 4s. 1949. M&S Refunding mtge 4s 1949—M&S 4s stamped 1949 _M&S Equip tr 4 Ms 1941-45 (yr).F&A Los Angeles Pacific Co— See Public Utility bonds. 91X 94X 1.10% 1.15% 1.40 M 36 Prior lien 4Ms 1978 ser D.J&J A..A&O F&A '26 f 25 J&J J&J 95 Bauiptr 44£sG Gen con gold 5s 2003 5s assented 2003 1941-1949F&A Adj M 5s Jan 1967 ser -J&J A&g 1941-45.-M&N K 1941-1947--J&J - 5 - Mo Kans & Okla 5s 1942-.M&S Missouri-Kansas-Texas RR— 87 49 94 26X Illinois Bridge and Belt RR cons 4s 1951 J&J Mo-Illinois RR 1st 5s 1959 J&J / 95 91X - „ M&S / 85 J&D - - 52 J&J B Prior lien 5s 1962 ser A A&O « 67M 66 Minn Terminal 1st 3 Ms '50.-J&J Minn Transfer Ry 3 Ms 1956. J&O Lake Erie & Western RR— 1st mtge 5s ext at 3% to *47 J&J 2d 5s 1941 J&J Lake Shore & Michigan South — 64 Missouri 107X 21X ilst gold 4Ms 1961 IX 1 \ _ - 76 70 gef tr 3s F JanApr1941 1943 1 1950.-J&J q & Impt 5s 1 3s 56 X X 66 M 1st 4s 1957 J&J Middlesex Val 1st 5s 1942—M&N Midi RR 4% franc bonds . _ ...A&O f f 66 1 1951—-M&S (Foreign series) 1960 J&D Midland of New Jersey— ext at 5% to 1940 A&O Midland Valley 5s 1943 A&O Adj M Apr I '53 ser A Sept Adj 5s series B 1953 Sept—-— Milwaukee & Northern— 1st ext 4 Ms 1939 J&D Con ext 4 Ms 1939 -J&D Mil Sparta & NW 1st 4s 1947M&S M11&State Line 1st 3 Ms 1941-J&J Minneapolis & St Louis— 5s ctfs of deposit 1934 M&N 1st refdg gold 4s 1949 M&S Ref & ext 5s Feb '62 ser A.Q-F Certificates of deposit-1st 7s ext at 6% 1932 J&D Certificates of deposit Minneapolis Northfield & Southern Ry 1st 6s *41.-M&S Minn St P & Sault Ste Marie—' 1st cons gold 4s 1938 J&J 1st cons gold 5s 1938——J&J 1st cons 5s 1938 gu Int J&J 2d M gold 4s guar 1919—-J&J 1st ref 6s 1946 series A J&J IX 1X IX f off.. 1951 f 50-year 1st 5s 1983 Joliet & Northern Indiana— , X X receipt No 4 on .1951 Naugatuck 1st 4s 1954 M&N New Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945 J&J New Haven & Northampton— Ref cons 4s 1956 J&D N J June 1st 4s gu 1986 F&A N J & N Y 1st ext 5s 1950—M&S Valley— 1st 3Ms Sept 1 Income deb 5s 2032 J&J f New Orleans & Nor East 6s 1915 Ref & impt 4Ms 52 ser A—J&J _ 1st 4s 1959——--M&S Jackson Lansing & Saginaw 76 78 M&N F&A J&D Iowa Central 5s ctfs 1938- -J&D 1st & ref g 4s 1951 M&S & 1977._ / 4s Asst(ca8h warr & coup)—1977 f Michigan Central— Ref & impt 4Ms 1979 ser C. J&J 1st gold 3 Ms 1952 M&N Grand River 1st M 5s 1972opt.— 1st 1 & ref 6Ms 1947 Debenture 4s 1961 Jacksonville Gainesville Gulf Ry 1st 5s 1951 . 7 2X 2X 2X — Assent cash warrant and 116 82 guar.M&N _ IX IX IX General 5s Jan 1 1938 New Orleans Great Northern— Mexican International— 4s Sept 1914 coupon on , / April 1914 77 X 53 44 gtd 3Ms 1941 -J&J / Maryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963—- .——A&O M'ghfleld & 8'east—See Wis Cent Memphis Union Station Co— Meridian Term 4s *55 67 X 1.60X b 33 X 4s(Apr 1914 coupon on) con 1951.... „ 105M 66 X 2.10 National RR of Mexico— „ f 36 scrip receipt No 5 on 1977 88 72 coll 4s ser A 45 J&D Equiptment trust 5s to 1944— 35X 32 X Assent cash warrant and 77 105 J&D J&J J&J ser 41M — Macon Dublin & Savannah— Conv gen 4 Ms ser A Secured 6s 1959 1st 60 / 1957 f July 1914 coupon on 1957 July 1914 coupon off 1957... f Assent cash warrant and scrip receipt No 4 on 1957. f Gtd gen s f 4s (Apr *14 coup on) f f April 1914 coupon off 1977 105 108X 108X 107X 97 94 41 Jan 1914 coupon on 1.70% 88 84. 112M 1st 108 112 68X 88 b 30 / J&D M&N Constr'n 4Ms 1955 ser B.M&N Nashville Chattanooga & St L— 1st M 4s 1978 ser A F&A M&S Eq tr 2X8 1941 1952 National Rys of MexicoPrior lien 4Mb— 104 X 1945--M&S Southern Ry joint Monon collateral 4s, 1952 J&J „ 1st gold 4s 1950--J&J Indianapolis & Louisville— 1st guar 4s 1956— -J&J Indianapolis Union— Ref & imp M 3 His ser B *86 M&S (nternat-Great North Ry— 1st M g 6s 1952 series A—J&J Adj M 6s July 1952 ser A.April 1st M 5s 1956 series B J&J 1st M 5s 1956 ser O J&J Equipment trusts— 4Ms series B 1941-1942.A&O fnternat Rys (Central America)— Purch money 5s 1972——J&J A&O 2003 ser C—A&O 1st & ref 4s ser D 2003—.A&O 'St. & ref iPMsser E 2003—A&O Eq tr 2X8 1940-54------Ext mtge unif 3 Ms A 50--J&J Ext mtge unif 4s B 1960--J&J Atl K & Oln Div 4s 1955.-M&N Pad & Mem Div 1st 4s *46-F&A St Louis Div 2d 3s 1980—M&S 1st & ref 5s 2003 ser B 1.00 40 X 110M 1st & ref 4 X8 - Morris & Essex 3 Ms 2000 Constr'n 5s 1955 ser A 109 1945--M&S 1.60% 1.65% 1.60 1.70 22 Louis— Mob & Mont 4X8 65 1.25% Louisville & Nashville— 2.10 2.00 J&J J&J Genl mtge 4s 1957 Gen mtge 4 His 1957 •Indiana Illinois & Iowa— 64 40 J&J J&J A&O ~ 60 41 Equipment trusts— 2 Ms ser T 1941-1949—M&S 3s ser R. 1941-1952 M&S 4M»ser N, 1941 A&O 4Xa ser O, 1941-1942—J&J 4X8 ser P, 1944 A&O 4s ser Q, 1941-1944 F&A 111 Cent RR Co & Chie St L & N O RR jt 5s, A, 1963—J&D 4 Ms aeries G, 1963 -J&D Indiana Bloomlngton & Western— 1st ext 4s 1940 Indiana Harbor Belt RR— Guaranteed gold 4s 1.70 20 Montgomery & Erie 1st 5s 1956- 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge 70 35 b 1935—A&O / Louisville Henderson & St 88 X 88 X 60 1946—A&O La & North West 5s Sterling 3 Ms coll tr 1950—J&J 1st gold 3 Ms 1951 J&J 1st extended g 3Us 1951—A&O 1st g 3s sterling 1951 M&S Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S f Montauk Ext 1st 5s 1945 J&J 85 Ask Bid Bonds Ask 84X 1969—.J&J Equip trust 3 Ms to _ —J&J 1951 Bid Bonds Ask Bid Bonds marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of issue "and interest" except where Quotations for all securities are as near as 1st 69 RAILROAD BONDS DEC., 1940] 53 M N 54M 45 50 105 F&A 35 1958..-M&N & Western— 1st refunding 5s 1937 -J&J / 21 5M 2d mtge 4 Ms 1937 F&A Y Short Line 4s 1957 N Y & Stamford 4s New York Susq " 105M 125 106M • - - - 123 Called for redemption, see page 111. 6 Basis. Gen mtge. 5s g 1940 Term 1st g 5s 1943 .——F&A M&N /Price includes accrued interest, 7 56 k Last sale, 70 RAILROAD NOTICE—All bond prftcoa are Quotation* for all securities Bid Bonds Ask N Y Westchester & Boston Ry1st Mg4Hi 1946 guar.—J&J f 5M 100 Norfolk & Carol 5s 1946 J&J 6 12 M 16M 14M 12M Ctfs of dep (issued by reor¬ ganization manager) 1961 13 M 74M „ Norf & 8outh 1st 5s 1941 —M&N Ctfs of dep (issued by reor¬ ganization manager) 1941lst gen g 5s 1954 opt J&J Norfolk Term 1st gu 4s '61-M&N Norf Term & Transp 6s '48-F&A Norfork & Western Ry— 1st con 4s 1996 North Gen & 33 106 126M _ 126M 91 „ 83 M 118M J&D M&S £ef 4 Ms B stpd '74-M&S 85 M 112 Northern Ohio Ry— 1st gtd g 5s 1945A&O / 1st mtge g 5s (stamped cancella¬ tion of guarantee 1945--A&O / _ Cons 1st g 5s July 1 1943--J&J Pittsburgh Term RR & Coal— 42 M 48 50 62 Vs 53 M 57 120 99 M 105 100M 92 J&J 94 101M Portland & Rumford Falls— 5s 1951 M&N 102M 100 Prov Sec deb 4s 1957 gu Prov Ter 1st g 4s gu 1956 55 M M&N / M&S f 77 J&J J&J 63 Ral & Gaston 1st 5s g 1947--J&J Southern 24 23 Raleigh & S'port Ry 5s '65--J&D Reading Belt 1st 4s 1950 M&S Reading Company— 4 112 Ore RR & Nav cons 4s 1946-J&D Ore Short Line 1st 5s 1946--J&J 117M 117M 5s 1946 J&J Oregon-Washington RR & Nav—• 108M 1st & ref g gu 4s *61 opt.-J&J PacFruit Express—See Sou Pac— 81 Pac of Mo 1st ex g 4s 1938--F&A / 77 2d ext 5s gold 1938 J&J f 1st cons 4 guar 4 17 113M U8M 109 1st extended 4Ms 105M Paris-Orleans RR— 6% franc bonds (foreign series) red to 1956 J&D Paterson Extension 5s 1950. J&D Paulista Ry 1st 7s '42 ser 7 } 25" A M&S15 / Pennsylvania Company— 28-year secured 4s 1963 F&A Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3 Ms 1941 F&A Gu tr ctfs g 3M8 1942 J&D Gu tr ctfs g 3 Ms 1944 J&D Pa*N Y Canal con 5s 1939" A&O Cons 1st extend 5s 1949 A&O Oons mtge 4 Ms 1939 A&O 63 106M 107M A&O 57 52 Pennsylvania RR— Con M 4s gold 1943 M&N Con M 4s gold 1948 M&N 4s stamped 1948 M&N Con M 4Ms gold 1960 F&A Gen g 4Ms 1965 J&D Gen g 5s Dec 1 1968 J&D Gen M 4 Ms 1981 ser D—A&O Gen M 4 Ms ser E 1984 J&J Deb 4Ms 1970 A&O Gen M 3 Ms ser O 1970—A&O Oonv deb 3 Ms 1952 A&O 30-yr secured 4s 1941-1964-J&J b Equipment trusts— 4Msseries D 1941 M&N 4s series E 1911-1949 J&J 2MsserlesG 1910-1950-J&D 2 Ms series H 1911-1952 M&N 2Ms Oct 1 1941-1954 -A&O 2 Ms series K 1941-1955.J&J 103M 121M 108M 115 104M 104M 93 M 97 1.00 1.70 1.75 cons 4s 1940.. A&O Certitieates of deposit 2dconslnc 4s 1990 Apr 1 Peoria & Pekln Union Ry— 1st g 5Ms 1974 series A F&A Peoria Ry Ter 4s 1937 gu op. J&J / Pere Marquette Ry— 1st i? 5s July 1956 ser A--J&J 1st g 4b July 1956 ser B-.J&J ser C.. Phila & 0.50% 1.60% 1.35% 1.40% 1.50% 1.50% 5 110M 74 % 62 64 65 .. 65M 1.20% 1.40% 1.35% 1.50 1.80 1.75 102M Gen 4s April 1 1960 A&O Gen 5s 1974 series R_. F&A Gen M 4Mb 1977 ser C-. J&J 104M Gen ,T& O 108 Phila & Chester Val 4s 1948. A&O Phila Newton & N Y 3s 1942 A&O 87 . 4Mb <inries D 108t 103M 109 122 122 M 109"" Piedmont & 4 96 M 4Ms series B 1942—.—A&O 4 Ms series C 1942 M&N M&N 3Ms series E 1949 F&A 4s series F 1953 4s series G 1957 4s series H 1960 J&D a St Paul & Duluth— 1st consol a 4s 1968 97 107M 9 104 Pacific Ry— 1st gold 5s 2000 2d 5s Dec 1 2000 Gen & ref 5s 1977 Gen & ref 58 1979 ser G__A&0 Gen & ref 5s 1980 ser D J&D cons 6s 1945 ser A M&S Certificates of deposit 5% secured notes 1931 F&A F&A ... . Equipment trusts— 4Ms ser JJ 1941-1942.-A&O b 4Msser A 1941-1943 F&A 6 lstg4s May 1 1933. —_M&S/ ser A ctfs of deposit B ctfs of deposit / 6s ser / Seaboard & Roanoke 5s 1931.J&J / Seacoast RR prior lien 5s '48. A&O Shamokin Sun bury & Lewisb'g— 92 Toledo Canada Southern & Det— 1st 4s 1956 J&J 85 1.25% 85 2M ~3M 4M 4Vs 114M 4s 2 B 1941-1943 ser Ms ser M&N b 1.50 0 1911-1944 J&D b D 1941-1952--M&N b Toledo & Ohio Central— Ref & imp M 3 Ms ser A *60 J&D St Mary^i Div 1st 4s 1951F&A Toledo Peoria & Western RR— 70 101M Tol Term 1st 4Mb "57 cu M&N Tol Walhoudlng Valley & Ohio— 1st g gU 4s 1942 ser O M&S Toronto Hamilton & Buffalo— 110 16 69 M 69 . 1st O'old 4s June 1 1946 J&D Consol M 4M« 1966 ser A. F&A 68 107 M 4 83 Union Pacific— 1st ry & land gr 4s u 1947- • 9 8M M 3M 2M 4M 3M 4M 61M 62 M 7M Deb 68 1946 3 Vandalia RR 4s 1955 Series B 1957 A—F&A M&N Vera Cruz & Pacific RR— 1st mtg g 4Ms ser 105 114M 100M 114M 110M 100M 100 M 106M 1.25% 113 101M 1934 J&J / J&J / 121 100 114 121 ill" 109 111M 111M 111 M&S 79 M .81* Vicksburg Shreveport & Pacific— Gen 5s May 1 1941 M&N ref & impt 5s 1973 M&N 100M war coupon off & scrip ret No. 5 on f Vicksburg Bridge Oo— s f 4-6s 1968 Va & Southwest 5s 2003 73 " 97 94 70 42 M 1 Vs IVs Cash 1st 100M M&S M&S —.M&S F&A —M&S 1979 General gold 4s 1944 1st 4s Sept 1 1948 1st 4Mb Feb 1 1973 Gen 1st g 3Ms 1951 July 1914 3 M M&S 1st 4 Ms Sept 1 4 17 74 105 H United N J RR & Canal Co— Vs 3M 4% 4M 4Vs J&J Union Terminal Co (Dallas) 1st mtge 3M» 1967 —F&A 9K 2M 2M 10 77 35-year 3Ms debs 1971—M&N U-ve »r 8 Ms debs 1970 ._A&0 Ref mtge 3 Ms ser A 1980--J&D 106 Eq tr 2 M8 ser E 1941-52. _J&J b 1.75 Union RR (Penn) 1st 5s '46-M&S 112 127 , - I*" 74 H Transylvania RR 1st 5s 1956.J&J Union Depot (Columbus, Ohio)— Gen 4Mb 1946 J&J 69 95M 83 M 1st mtge 4s ser B 1967 J&J Toledo St Louis & Western— 1st gold 4s April 1 1950-..A&O 116 75 71 1.00% 1.50 66 1.95 99 M 70 1.25 1.15% Atlanta-Birmingham Div6s 67 M 68 66 91M 125 A&O F&A / A&O / 67 66 M 66 M 1.50 107 M Adj mtge 5s Oct 1 1949 Ref gold 48 1959 opt Certificates o f deposit 102 92 1.50 9M Seaboard Air Line Ry Go— 1st gold 4s 1950 A&O 107M 106M Tex Pac-Mo Pac Term RR— 1st M g 5Ms 1964 M&S 15 M 1st g 5s 1942 .M&S 1935. J&J Schuylkill & Leh 1st 4* '48 M&N _ J&D Ann Mar A&O B ser i.00% 1.25% 1.25% 32 M 110M F&A1 Texas & 1.15% 1.15% 1.15% Aransas Pass— Savannah & Atlanta 6s 91 97 82 9 72 1st guar g 4s 1943 J&J San Fran Term 1st 4s 1950--A&O Santa Fe Prescott & Phoenix— 106 M 76 9 8M . 114M 97 9 14 -.J&J Salt Lake City Union Depot and RR 1st 5s 1938 M&N Salt Lake & Ogden 5s 1934 1st & 10351 89 9M 8M 8M 8M 111M 103 F&A '53 opt *10.J&J F&A 8M 71 2d ext'd 5b 1945 J&J Shrev Bdg & Ter 5s '55 gu F&A Sioux City & Pac 3Ms 1936--F&A 106M 110M M&N, 66 M 64M 31M b 70" 110M f g 4s Texarkana & Fort Smith— 1st M 5Ms 1950 guar 77A J&D 10 65 Texas City Term 6s 1941-J&J '26 |Texas & New Orl 5s 1943 J&J 65 M 8M 7M Paul Union Depot— 1st & re.' 5s 1972 & 4M 36 39 113 M s Ref & impt M 3Ms B '74-J&J Terre Haute & Peor 5s 1942.M&S 22 M 111 1st J&J 5s 1958. A&O Virginian Ry 3 Ms A 1966..M&S cons g 101M 90 87 83 M 59 106 Vs 88 , 66 Vs 107 110 Calif dfor redemption;see 65M 64M J&J J&J A 1990 ser 105 See Industrial bonds. Terminal RR Assn (St Louis)— Seaboard-All Florida Ry— 117M 105 65 20 M J&J Equipment trusts— 4Ms series K 19U-1945-J&J 4 Pitts Cln Chic & St Louis— 4s series D 1945. Gen & ref 5s . Northern— 3 Ms 1966 J&D Pitts Bessemer & Lake Erie— Cons gold 5s 1947 J&J 70 53 M&N Receiver ctfs 3-3 Ms '45 -«?' 100" ~ Phila & Reading RR—See "Read ing Co. Philippine Ry 1st 4s 1937 4 J&J / Certificates of deposit 3 3M 111 55 ' 1.65 Stamped 113M 98 88 Scioto Val & N E 1st 4s 1989M&N 85 Bait Cent 4s 1951..M&N Phila Bait & Washington— 1st ^old 4b 1943 M&N 86 M 4Ms series DD 1941-45.A&0 2d g inc 4s Nov 1989 1st term & unif 5s 1952 A&O 1st extend 3s 1948— M&S / Tenn Ala & Georgia 4s 1957 Tenn Coal Iron & RR— 4 Ms ser St 74 5M 5M 5M 109M , 1.65 San Antonio M&S Equip tr 4 Ms 1941-1945—M&N Equip tr 2 Ms 1941-1947.-M&N Equip trust 2Mb 19I1-46 -J&J Perkiomen RR ext 3 Ms 1951.J&J 1980 104M 94 Vs 97 M 25" 22 100 1st consol gold 5s 1944 1.25 St Louis Southwestern— 1st g 4s 1989 J&J / A&O Gen ref 4s series CO 1911-1943.M&N b 55 107M 46 80 M 6 5M 3M 4M 4M 4Ms series BB 1941—fF&A & 104 M 3M 40 Tampa & Gulf Coast g 5s'53_A&0 / Tampa & Northern RR— 5s (stamped 3s) 1936 J&J / Tampa Un Term 4-6Ms '53--J&J / Equipment trusts— 108M 115M J&D Tavares & Gulf RR— B-J&J/ 55 4M 8 77 M Certificates of deposit / Cons in 4Mb 1978ser A M&S/ Certificates of deposit stpd-- / 52 2.00 7M f 1989 Berwick RR 5s 1952 33 7M Prior lien 4s 1950 series A_ J&J 52 Peoria & East 26M 105" M Mortgage 4s Dec 1 1996-.J&D St Paul East Gr Tr 4Mb '47.-J&J St Paul & Kansas City Short Line 1st guar 4 Mb 1941 F&A 2.00 25M Ry 4 Ms 1943 103 J&D Stephenville Nor & Sou Texas— 1st M guar g 5s 1940 stmp. .J&J / 2M Sturgis Goshen & St Louis Ry— g 5s 1955-J&J / 77M Susquehanna Bloomsburg & 31 Certificates of deposit St L Peo & N W 5s 1948 J&J 8t Louis-San Francisco Ry— 114M 114M 84 M 82 J&J Suffolk & Car con 5s 1952 Sullivan Co RR 6s 1944 36 St Louis Iron Mountain & Sou— RIv & Gulf Divs 4s 1933-M&N Certificates of deposit Prior lien 5s 1950 series .1.90 1.90 54 79 M 61 1st 3s Dec 1 105M 105M St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 A&O 89 M 90 100 M tol02M 2.00 50 , 4Mb 1941 J& 4 Ms stamped 1941 J&J / St Clair Maa & St Louis Belt— Alton Bridge 1st g 4s '51--J&J 88 St Clair Term RR 5s 1950,.M&S 115 104 107M 114M 48 con 104M J&J 0.50% 1.00% 1.00% 1.65% 1.65% 1.40 Stark Elec RR 1st 7s 1952.J&D / 100 J&J " 59" 1.00 1.40 Spok Internat 1st 100 J& Jl/ 54"" 80 M 1st 4s 1995 102 M&S J&D 5s 1939--J&D Rio Gr So 1st g 4s 1940 J&J Rio Gr West 1st 4s 1939— J&J 1st coll tr 4s 1949 opt A&O Rock Island Ark & Louisiana— 64 92 55 M 75M 81M Staten Isld Rio Gr June 1st gu Rutlahd 91M 54 M 75M St Louis Div 1st g 4s 1951.J&J >artanburg Union & Columbia— 1.10% 101M 1st mtge 3 Ms 1965 Rutl Can 1st g gu 4s 1949 4s stamped 1949 59 M 60 57 M 1 Ms series HH 1941-50-J&D b J&J |0M 80 103 Rich & Mecklenb'g 4s 1948-M&N Richmond Term 1st 5s 1952_J&J 1st guar 4Mb 1934 M&S Rock Island-Frisco Term Ry— 1st M 4Mb 1957 J&J 12 9 Railway— Aiken Branch 4s 1998 1st Mem Div g 5s 1996 103 Delaware River Terminal 1st 5s 1942 M&N Rensselaer & Sara 6s 1941-_M&N 1.75% / b 65M 1.45 St Johns & L Cham 5s 1944.M&S St Jos & Grand Island 4s '47-J&J 48M Penn Ohio & Detroit RR— 1st & ref 4Mb 1977 ser A__A&0 1st & ref 4 Ms series B 1981 1st 4Mb 109 50 M A&O mtge 4s 1939-Cons extend 4s 1949 107 105M 53 M A&O Cons 1st extend 4Ms'49 Oons 69"" 100 Ms 105 62 • Rich-Washington 4s 1943 83 Carondelet Branch— 1938.A&O f 75 75 St Louis City real est 5s '38 J&J / 103 H Paducah & 111 1st 4 Ms 1955-J&J 64 80 Eq 4Mb 1941-1945 (s-a)..M&N Philadelphia & Reading RR— Imp M ext g 4s 1947 A&O Extended 4 Ms Oct 1 1943— Term 5s g gu May 1 *41 Q&F 4 2.00 2.50 4s series BB 1941-1943-M&S b 4 Ms series CO 1940-44--J&D b 1 Ms ser GG 1941-50.-M&N b 104 1951 opt'06..A&O Gen & ref 4Ms 1997ser A__J&J Gen & ref 4 Ms 1997 ser B.J&J 2.00 b 2.10 b b J&J Develop & gen M g 4s '50-A&O Develop & gen 6s 1956 A&O Develop & gen 6 Ms 1956--A&O Equipment trusts— 4 Ms series AA 1941 A&O 89 Jer Cent 4s _ b b b b 1st consol g 5s 1994 67 21 N'western Term Co 5s 1948-F&A / 21 N'western Term RR 5s Apr 1977 100 Norwich & Worcester 4 Ms '47M&S 63 9 1931 45 Vs 0.75% 1.25% 1.25% 1.75% 1.60% 2.10% 1.75% 1.25 1.65 1.65 2.25 R Co. 1st ref g 4s 1955 opt 1910--J&J Raleigh & Augusta Air Line— 5s 41 36 Southern Pacific 77 21 1st b , 94 16 .1. 37 Equipment trusts— 4Ms series J 1941-1942..J&J 4Ms series L 1941-1944.J&D 4Ms series M 1941-1945M&N 2 Ms Aug 1 1941-1954 2 Ms series N 1941-1951 M&N 2 Ms series Q 1941-55--A&O 2 Ms ser Q Oct 1 1949-1951— Paciflc Fruit Express— Eq 5s 1941 D (yr) A&O Southern Pacific (Golden Gate A&O Ferries) 1st 5] s 1949 3 Prov & Wore 1st 4s 1947—A&O 1st M 5s 1945 series B J&D 1st M 4Ms 1950serie8 O—J&J Okla City-Ada-Atoka 6s '54-J&J 36M 35M 35M 45M M&S M&N Stamped (Fed tax) 1955-J&J 101 2M 1.30% 1.25% 1.40% Ogdensburg & Lake Ohamplain / 3M 1st guar g 4s 1948 108M Ohio Connecting 4s 1943—M&S 63 Ohio & Little Kanawha 5s '50 M&S 3 Old Colony RR 4s 1938 J&J / .3... 1st M5Hb 1944 F&A 34 Vs 80 Potomac Val lstgu5sg 1941-J&J 55M , 2.50% 2.75% 2.25% 117 62 H 54 1.75 1.70 1.90 57 56 M 3.50 lstgu 5s 1941-.J&J (Me) Term gu 4s 1961.J&J 48" 33 Vs 40 M 57"" 55 J&D J&D 1961 72 M&N 108M 56 M F&A 5s 117 ig 96 Eq tr 4s 1941 -1948 _F&A b Eq tr 3 Ms Apr 1 1941-1946 b 3.50 Eq tr 2 Ms 1940-1946 J&D 2.00 Pitts Young & Ashtabula— 1st gen 4s series A 1948 J&D 105 Guar 13" 11 Southern Pacific 0< 92 Pitts & West Va Ry 4 Ms '58AJ&D 1st M 4Mb 1959 ser B A&O 1st M 4Ms 1960 ser C A&O 72 M 61 45 20 115 Port Reading 71M 42M Q&J Q&F A.J&J Ref & imp 6s 2047 ser B—J&J Ref & imp 5s 2047 ser O—J&J Ref & imp 5s 2047 ser D_._ J&J b Eq tr 2Ms 1941-1947 M&S b Eq tr 2Ms 1941-1946 J&J b Eq tr 2 Ms 1941-1950 F&A Nor RR of N J gen 4 Ms 2000. J&J f 51 48 Coll tr 4s (OP) Aug 1 '49-.J&D 1st 4 Ms '(Ore Lines) 1977.M&S 18 Portl Northern Pacific— Prior lien g 4s Jan 1997 Gen lien g 3s Jan 2047 Ref & imp 4 Ms 2047 ser Gen cons gu g 5s 1963 A& Southern 111 & Mo Bridge Oo— 50 1st gen 58 1974 series O 1st 4Mb series D 1977 42 42 M 113 113M 104M 119K 119M Ask Bid 40-year 4Ms 1968 F&A / 1st M 5s 1962 series B ! Bonds Somerset Ry 1st & ref 4s '55--J&J 1st M 4s July 2 1950 J&J uth Bound RR 1st 5s 1941 A& f South & North Alabama— M& Pitts & Shawmut 5s 1959-- J&D / Pitts Shenango & Lake Erie— 70 f Certificates of deposit J&D Gen M 5s 1975 ser B— ...A&O Gen M 4Ms 1977 ser O—J&J Pitts Shawmut & Northern— 6% receivers' ctfs 1929 Ask 118M 118M 112M 112M 103M M&N Unassented 1942 J&J Pitts Va & Char gu 4s 1943.M&N 121 — (Concl) F&A 5s ^ Pennsylvania RR— Gen g 3 3s. 1953 Northern Cer^t 5s 1974 A 75 ffl\H Norrist'n & Maine 1st 4s *62 M&S Bid 4Ms series I 1963 4 Ms series J 1964 Gen M 5s 1970 ser A 104 „ 1st & ref g 5s '61 opt '15—F&A Certificates of deposit reg... Bonds Pitts Cln Chic & St Louis _ Norfolk Southern— BONDS "and Interest" except where marked "f" and Income and defaulted bonds possible for the closing day of the month preceding tbe date of issue are as near as page 111. b Basis. /This price includes accrued interest. A: Last sale, n Nominal, r Payable in Canadian funds. and marked "f wh.r. .« 71 BONDS RAILROAD dec., 1940] Incoma defaulted bonds and NOTQuoIWtioM torn»U ^^Sri'iyireMleL^Mm^lbiyyAb^c'^Ing cUy ot th« month preceding the' date of Iwue Wabash Railroad co— 1st gold 6s 1939 2d gold 6s 1939 Deb mtge 6s series b 1st lien term gold 4s „ 12% Omaha Dlv. 1st 3 %s g 40 5% 4% 5% 4 K 5% 4 K 5% 4 K 5% - Ref & gen 5s 1976 ser b—f&a Certificates of deposit Ref & gen 4 %s 1978 ser o. a&o Certificates of deposit--Ref & gen 5s 1980 ser d—a&o Certificates of deposit — - 2.50 eqto2%sser h 1941-47—a&o 50 48% 51% 69% 52% 62 64 92% 92 100% 1.25 1.50 1.70 107% 12%. 12% 2.00 101 0.75% 1.10% 1.40% 108% 13% 13% 1.25% 90 115 102% 1.50 1.15% 1 50 NAv 15 1941-19 30 White & Black River Valley— 1st 5s 1980 j&j 1 15% 12 15 1948 j&j Wichita Union Terminal ry— 15 22 m&n 103 Wichita Falls & Southern— 5s extended 1st g gu 4 %s 1941 opt Wilkee-Barre & 1st guar g Eastern— 2% j&d 5s 1942 Willamette Val Southern ry— 6s 1939--. f&a f Wilm & Newborn 4s 1947 f&a 2% Sup & Dul Dlv 4s 29% 28 a&o 9 1936—.m&n 6 6% 5% 7 Certificates of deposit. Marshfield & s'eastern di\ 1951 Worcester & 28 16% Certificates of deposit 1st & ref 4s 1959 - Conn Eastern 10 4k 5% 1st gold 4mb 1943 -j&j Yosemlte Valis f g 5s 1936—j&j Cleveland & Pittsburgh— stock—50 Regular guaranteed stk.50 Special guar betterment Colorado & Southern ...100 preferred..]00 preferred..100 4% 1st non-cum 4% 2d non-cum igu) —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 Delaware & Hudson Co 100 Delaware Lack & Western— 50 Concord & Portsmouth (guar Penn) Denv & Rio Gr West 6% Detroit Hillsdale and Delaware --.-25 pref.100 100 Southwestern (guar) Detroit & Mackinac Ry 5% non-cum preferred——100 18 15 100 preferred..100 preferred.-100 railroad 50 50 Preferred x x Alabama & Vicksburg (gu) .—100 Albany & Susquehanna (gu>._100 Albany & Vermont (guar) 100 Alleghany Corp common * 6%% pref (with $30 warr)_100 5%% pref (without warr) —100 2 % % prior conv pref * Allegheny & West (6% guar) .100 Atchison & Eastern Bridge—100 79 76 90 93 71 73 110 115 44 48 ?16 10% 9 11' 19% 28* 76 80 40 17% 17% 56 Rank Co (gu).IOO common—100 100 100 Georgia Sou & Fla 1st preferred 2d preferred Goshen & Deckertown (guar).. Green Bay & Greene (guar 60 Atlan & Char Air L (guar) —100 140 5% non-cum pref 100 16 Point Atlantic Coast L RR com—.100 14% (guar)—100 32 (gu)-100 Bait & Cumi>orland gu -.50 Baltimore & Ohio common.-.100 4% non-cum pref 100 Bangor & Aroostook com 50 5% conv preferred 100 Beech Creek (guar N Y O)—50 Belgian National Rys Co— American shares partic pref— Boston & Alb (guar N Y C) 100 Boston & Maine common..100 Unstamped— 1st pref 5% class A 100 1st pref 8 % class B 100 1st pref 7% class C 100 1st pref 10% class D 100 1st pref 4 % % class E 100 6% non-cum preferred 100 7% prior preferred —100 Stamped— Common 100 7 Augusta & Savannah Avon Gen & Mt Morris — 5% class A._ 8 % class B 7% class C 10% class D 4 % % class E 6% non-cum pref stamped.. 1st prof 1st pref 1st pref 1st pref 1st pref 70 $5 preferred Hartford Illinois 5 4% 5% 6 5% 28% 29% 31 33 10 1 91 1% Pemigewasset Valley (guar)__100 Pennsylvania RR 50 Pennroad Corp com 1 2 2% 1% Peoria & Bureau Val Peoria & Eastern 1% tr 5 ' ctfs—See 1% 2% 1% 3% i 39 94 Piedmont & Northern 141 63 66 52 73 t4% 111 Cent stk ctf 1952.. 1000 Reading Co 50 4% non-cum 1st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar). 100 Roch & Genesee Val RR (gu)-100 Rome & Clinton (guar) 100 Rutland RR 7% pref 100 Rutland & Whitehall (guar).. 100 St Joseph South Bend & Sou— Common (guar) -.100 Preferred (guar) 100 St Louis Bridge 1st pref (gu) —100 2d preferred (guar) 100 St Louis-Sau Francisco Ry 100 6% non-cum preferred 100 50 3 We We 49 47 I 3% 50 — I ' — 20 — Mr ........ 37 - 70 1 % 1 1% 1 % • 55 66 63 90 155 152 % 2 2 5 1 3 3% 5% 17% 26% 17% 26% 3.5 55 St Louis Southwestern 14 5% 37 M>ec urn -r Preferred (guar) ly-uis & MaBiv pref 38 64 68~~ 19 1 1 2% 2% 1 2 1 3 1 % 4% 1 ~2~" 5 1% 1% 1% I" 100 100 100 100 1% 2 1%, 2% 1 & Vl-ihoning Pref Coal RR .43 220 49 50 34% % "3" 12 31% 33 36 40 3% 3% 61 18 50 "6" 60 65 100 700 Mill Creek & MinehiP Nav (gu)25 Mine Hill & Schuyl Hav(gu)_-50 41 43 35 37 non-cum 100 1% %6 1% 60 37 40 Morris & Essex (guar) —50 37 15 117% 270 43 44% 85 105 160 177 64% 11 158% 52 16 82 3% 13% 25 20% 59 28 47 % 43 14 40 139 69 We We 2% 4 100 31 24 28 85 7 115 5% 72 7 80 25 46 138 preferred 78% 46 10 104 25 44 32 58 61 % % % 69 24 57 3% 53 6 Corp— preferred I.ake Erie Ry 4% prior lien 5%% cum preferred 2 56 Ry n<>n-cuiii Wheeling % 30 100 100 .-100 100 We 70 95 101% % % ..100 x Montgomery & Erie (guar) 2 8% 23% 38% 84 6% 2 100 pref (guar) 91 22% 2% 103 246 % 50 54 4 28% 5% 28% Mobile & Ohio—See Southern Ry 89 * 100 Western Pacific RR % 100 Pacific com 5% conv preferred Mobile & Birmingham— 4% 70 100 100 7% preferred series A * 6% preferred 19 Missouri Central. non-cum Wabash 100 100 100 * * preferred... 100 common 525 50 com 27 100 19 500 4% 16% Mo- Kan-Texas R R 52 12 25 100 5% non-rum preferred A 100 Ware River (guar).. -.100 Warren N J (guar D L & W)_.50 West Jersey & Seashore <gu)._50 Western Maryland Ry com. 100 1 at preferred 100 4% non-cum 2d pref ..100 36" 5" Minneapolis St P & S S M— 4% leased line ctfs Mississippi Central.. 15 25 Utica Clinton & Bingham (gu)100 Preferred (guar) 100 Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar). 100 5% non-cum pref (guar) 100 Virginian Ry— 104 59 5% preferred .16% prior preferred Massawlppi Valley (guar) Michigan Central (guar) 5c 70 38 8% 12% 21% 4% 95 101 100 90* 40 United N J RR & Canal (gu).100 Utlca Chen & Susq Val (gu) 100 20 (guar N Y Central) 80 60 8% M iln» Central Line common Union Pacific common 2% 90 — Air Preferred 75 65 2% Lykens Valley RR & Coal (gu)_20 100 Texas & Pacific Ry. 100 Troy & Bennington (guar) 100 Troy & Cohoes 50 Troy & Gr'bush (gu N Y C).. 50 Tunnel RR of St Louis (guar) .100 5 41 .100 preferred non-cum Tennessee 17% 200 .100 Nashville 78% 96% 6% 93 24 4% 16 100 .100 100 5% non-cum preferred 100 Mob & Ohio stk tr ctfs (gu)_100 South-West'n (Georgia) (guar) 100 Stony Brook (guar)..... 100 Sussex (guar D L & W) 50 Syracuse Bing & N Y (gu)__.100 102 50 (guar) 112% 150 Southern Pacific Co new... Southern Ry common. 2% 39% 100 50 guar.. betterment stk 211 40% % % 4-2% Lexington Union Station— Preferred (guar). Little Miami original We % i* Shamokin Vail & Pottsv (gu)__50 Sharon (guar Erie) ; 50 38% 50 Preferred non-cum Seaboard 15 50 Valley 50 Schuylkill Valley Nav & RR(gu)50 2 100 - 110 Saratoga & Schenectady (gu).IOO RR Secur* Co preferred 74 % 13% 14% 28% 109% Railroad Securities Co— 48 % 100 * 47 12% 7% com 100 100 100 Pgh Bess & Lake Erie (guar) 50 Preferred (guar) 50 Pitts Cin Chic& St Louis (gu)-100 Pitts Ft W & Chic com (gu)__10() 7% pref (guar Pa RR ) 100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia 100 Pitts Yoimgstown & Ashtabula— Preferred (guar) 100 Pittsfield & No Adams (guar). 100 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar) 100 12% 2% Western... 100 Rys (Cent Am) 100 Phlla Germ & Norris (guar).. 50 Phila & Trenton (gu Pa RR)_100 41 90 11% 1% 7% A..1 OP -.100 Marquette Ry com 5% preferred 5% prior preferred Peterborough (guar) 83 100 Conn (guar)_-100 Pere 30 11% Non-cum 6 % pref series Leased lines (guar) Stk Louis vill« 15 No par 1% Louisville Henderson & St Louis 89% 10 • 84% 50 __ 1 "2% Lb Schuvl Nav RR & OoaKgu) Boston & Providence j 40 1st pref (guar) 2d preferred (quar) & 50 100 83 14% 1% Central (guar) (guar) 48% 13% 1% l Del Exten Paterson & Hudson River (gu)_50 Paterson & Ramapo (guar) 60 50 2 .... Delaware Passaic & 74 * preferred Gulf Mobile & Ohio Lehigh 3% Passaic & 138 72 .....100 com.. * DL&W) 6^ . Boston RR Catawissa RR • — * lOf. 100 Western Jollet & Chicago(guar). 100 ,Kal Allegan & Gr Rap (gu)—100 K C St L & Chic— Pref (gu)-.lOO Is" Kansas City Southern new * 16% 4% nnn mm preferred ..100 Kansas Okla & Gulf pref A—100 35 Lackawanna RR of N J (gu).-100 Lake Superior & Ishpemlng— 100 100 100 (guar).. 100 Holding pref 100 Camden & Burl Co (guar) 25 Canada Southern (guar) 100 Canadian Pacific 25 Caro ClinchfJeld & O (guar) .100 jj 63 15 Atlantic Coast L Co of Conn..50 Atlanta & West 10 Gulf Mobile & Northern com. 100 57 Atlanta Birm & Coast pf (gu)-100 Quebec (guar) 100 Oswego & Syrac (gu DL&W) 50 130 European & North Am (guar) 100 Intornat Fe_100 100 Atchison Topeka & Santa Ontario & 4l" 39 85 Northern Ry— Iron Ore Prop trust ctfs Preferred (capita) stock stocks 92 106 80 (guar)..100 (guar).100 100 i Ogden Mine RR (gu Cn N J)_100 Old Colony (gu NVNH&H)..100 Certificates of deposit 50 Wayne & .Tack nr^f Genesee & Wyoming w non-cum Northern Pacific Ry 100 Northern RR of N H (guar)„100 Northern RR of N J (guar) 100 Norwich & Worcester pf (gu)-100 114 71% Ft --100 Ry -100 pref 100 No Carolina (guar Sou RR)__100 North Pennsylvania (guar)t 50 Northern Cent (guar Pa RR)- 60 95 88 14% 100 preferred Norfolk & Western a 47 Fort St Union Depot conv N Y Ontario & Western Norfolk & Southern com % 50 50 (guar) Erie & Pitts (guar Pa RR)— Great A1 Great Southern com 1 2% We K We 100 common 4% non-cum 2d Erie & Kalamazoo 7% 1% 2% ..100 Rockaway (guar)—100 Georgia RR & 31 m&n Ry— — 4% non-cum 1st 108 j&j Preferred Erie Wisconsin Central Ry— 1949 -20 100 100 Clearfield & Mahoning (gu).._50 Cleve Cine Chicago & St Louis— Common (guar) 100 5% non-cum pref (gu) 100 Common Oin Union Term 5% pref 50 50 Elmlra & W'msport (guar)— 50 Preferred (guar) 50 114% j&j J 00 100 East Mahanoy (guar)-—East Pennsylvania (guar) 95 Winston-Salem Terminal Co— 1st s f guar 3%s 1970 m&s 1st gen g 4s common--.100 Preferred (guar)--—--- —100 CIn New Orl & Texas Pacific— Dover & 65 Winston-Salem Southbound— 1960 preferred Detroit Manufacturers (guar) 30 98% Wilmington & Nor 4%s '77..j&d Wilmington Ry Bdge 5s *43.a&o 1st gold guar 4s r 100 com 97 ——. Adjust 4% 6% preferred 100 com. (gu)----- 50 Non-cum pref (gu)50 N Y Lack & West (guar) 100 N Y New Haven & Hartf 100 1% 2% 1 Cincinnati Inter-Terminal— 67 2% 2% 7% preferred 101% 108% 110% - 1st 100 Pacific- 2% % 1% preferred wi Chicago & North Western— New (gu)—100 6% preferred series A N Y & Harlem 1% 1% 2% % New common w i Chic R i & Pacific Equipment trust 5s 1913 Western Ry of ala4%s *58--a&o Wheeling & Lake Erie rr— 1st consol gold 4s 1949—m&s Refunding 3%s 1966 j&d Eq tr 2%s f Nov 15 1941-1949. series g 40 N Y Chic & St Louis % V preferred w I -50 preferred old - -100 Chicago Ind'polis & Louisville— preferred 45 20 New Orleans Great Northern.100 New York Central RR * 1% 3% % New 5% 4% non-cum 37" 2% 4 % Chic Milw St Paul & 47 New London Northern 50 i w New common Maryland 4s 1952-a&0 1st & ref 5%s 1977 ser a— j&j Eq tr 4kb e 1940-1941—j&d Eq tr 2%s 1940-1946 j&d Eq tr 2s g 1940-1949 West n y & Penna 4sl943.a&0 Western Pacific rr Corp— 1st m 5s 1946 series a m&s Assented 5s 1946 s 6 2.00 64% Western 1 6% 4% common 25 25 Original (guar L & N) Unstamped (guar L & N) 55 34 Chicago Great Western— New 37 96 95 , N ew West Virginia & Pittsburgh— 1st g s f 4s 1990 a&o ^ 4% 6% 4% 30 Warren 1st ref g 3%s 2000—f&a Washington Central ry— 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 1st gold 48 1945 guar——f&a Washington & Vandemere—_ 1st 4%s 1947 —f&a West Shore 1st 4s 2361 j&j 42 29 60 100 Nashv Chatt & St Louis 100 Newark & Bloomfleld (guar)..50 2% 42% 2% Bid Mt Carbon & Pt Carbon (gu) Nashua & Lowell (guar)* Nashville & Decatur— 3 15 14 11% a—m&s Certificates of deposit Chesapeake & Ohio common—25 Preferred series A 100 ChestAut Hill (guar) -60 44 Chicago Burl & Quincy 100 6 Chicago & Eastern Illinois— New common w I -* New preferred w I_. 5% -40 6% 6% old preferred - — 100 26 46 '41.a&0 Cayuga & Susq (gu D L & W) .30 Central of New Jersey —100 Chattahoochee & Gulf (guar)-100 Chesapeake Corp 4 1939-j&j 1954-j&j Det & Chic ext 1st g 6s *41. j&j Des m Dlv 1st g 4s 1939--j&j Toledo & Chic 4s g 1941—m&s Wabash Railway co— Ref & gen 5%s 1976 42% 13% 42 *—m&n f&a Par Morris & Essex Exten 20 18% 2% (guar). 100 Stocks Ask Bid Par Stocks Ask Bid Bonds and Stocks value t Quotations represent dollars per $100 face amount, k Last sale a Nominal, x Mix-dividend. 10 50 a Called for redemption, see page 111. 6 Basis. /This price includes accrued interest, \ Investing Companies Stocks and Bonds NOTICE—All bond prices are Quotations for all securities Par Stocks and Lionds Ask Bid where marked "f' "and interest'* except Stocks and Bonda Par J&D Ooll trust 4s 1947 4 34s stamped 1946 F&A Aeronautical Securities——---1 1.25 J&J Affiliated Fund com Sec conv 1949 deb 4s Air Investors Convertible Warrants I 6 * Inc preferred.--—---* 10133 100 Hi 108 ! 633 1 1 Accumulative series AA (modified)—ACO (modified) 9.55 2.63 2.88 1003-3 134 22 10134 1 1 *48-Q-F - Credit Service deb 6s w w ♦Crum & Forster Inc com.. 233 1333 6.20 102 34 6.30 2.90 3.20 33 We Domestic Finance 36* 4* Amer Discount Co of Ga $2 pref-* Amer Elec Sec partic pref 1 1.20 * 2833 2833 __._* __* 233 33 1733 17.51 15.82 18.61 11.49 5% conv preferred 50 Associated Gen Util com v t c—* Inc deb 5sww 1956 M&N / Income deb 4s 1961 M&N / Associated Stand. Oil Shs 2 Associates Investment Co ♦ 100 1953.A&0 Atlas Corporation common 5 6% preferred 50 Option warrants. Aviation Capital common Axe-Houghton Fund Inc ♦Bankers Nat Investing com 1 5% preferred -.5 Bankers Securities Corp com 50 6% preferred 50 Basic industry Shares.-—10 ♦Blair & Co Blue Ridge Corp common 50 33 5 50 5 3733 9533 4933 33, 19.61 21.32 10.73 11.54 4 533 533 4 21 133 "134 3834 39 14.88 34 13.84 19 26c 23.99 20 22 12.44 13.64 33 34 11 12 57 2.65 A&O Ltd 1 Canadian Pow & Pap Invest Ltd— Deb 5s8erie8 A 1958 F&A Capital Administration cl A $3 cum pref series A Carey Trust of N Y Original Carriers & General Corp 59 51 13 - $6 preferred Deb 67 .1 3 7s 4)4% $4.25 conv conv Commonwealths Distrib'n Inc-.l Commonwealth Investment 1 . Commonwealth Loan 5% pref 100 Commonwealth Securs common. 1 Preferred Consolidated Invest Trust com Consumers Credit Serv 6s 1962 — . I 1 . Continental Securs 5s 1942 M&N / Continental Shares common ♦, ♦6% preferred.. 1001 Corp Securs 5% ctfs 1935..M&S / 3 5 com Invest * com . 1034 16 8633 I.7 58 5.31 6 Wide Securities— Agricultural Automobile Aviation * 25c 1.07 1 II.22 ... - - 3.39 7.08 4.67 10.69 ------- 8.26 Building supplies Chemical.... 5.33 7.83 - Electrical equipment 7.16 insurance 9.79 Machinery 8.03 6.65 27 33 Gotham Credit class B 5 Great Britain & Canada Invest¬ A&O "134 Class 4.76 Automobile Shares - - 5.24 4.20 8.04 4.63 8.84 Shares Equip Shares 5.36 4.29 5.28 Tobacco Shares 4.41 5,81 4.86 We 33 33 33 1 com $6 1st preferred * $3 2nd preferred * Debenture 5s series A 1948.M&S Yi Heller (W E) common Preferred w w Preferred - 25 x-w 24 2733 * com 5% preferred 100 ♦Huron Holding Corp Hydro Elec Secur Investors 5 100 Preferred 106 25 -.25 6% preferred.. 14 Inland Investors Institutional Securities Ltd— Bank Group shares * 108 104 110 3933 1 Internat Securities 7% pref International Utilities class A 1.40 14.85 2.24 34 1033 1233 10 \ p 14 33 33 734 133 1 1.09 1.36 J&D North American Trust Shares— 4s 1951 1953 5 34 4 60c $1.75 preferred $3.50 prior preferred Interstate Bond Co— 2133 433scoll tr AAA 1941-43.-A&O 5s coll tr B B B 1944-51.... A&O 4s coll tr CCC 1939-42-- -M&N Invest Bond & Share 5s A'47. J&D Investment Co of Amer..10 Class B ,033 * * 8 33 2634 3Xe 12 1958. 37 1.99 2.43 1 2.03 Ohio Finance Co. 434s 1949.F&A 10133 1733 Common Oils & Industries Preferred Oilstocks Ltd * 1 com 1 5 Oklahoma Carey Trust Oklahoma Southern Trust 10 Old Colony Invest Trust Com..* Debenture 4 33s Feb 1 1947... Debenture 433s Dec 15 1952... Old Colony Trust Assoc * Overseas Securities Co Deb 5s April 1 1948 _* - A&O Pacific Eastern Corp Pacific Finance Oorp (Calif) Pacific Southern Invest pref Class A 1 10 * * $3 conv 40 18.51 134 3*5* 234 234 100 100 16 233 80 4 1033 27 4 * - Petroleum Corp of Amer--Phoenix Sec Oorp 5 * 10 10c - pref class A Plymouth Fund Inc Provident Loan Society 6% ctfs.. Prudentla' Investors "634 733 3634 36c 114 * $6 preferr 1 (Geo) Fund Quarterly Income Shares 5% deb series A 1942 Putnam 8 * 1 10c M&N 102 12.52 5.50 100 Employees* Corp— Class A * 8 * common Preferred 1033 734 10033 104 34 33 com 100 Conv coll 4 34s ser "11" '55 A&O Railway & Util Invest A 1 3 33 % preferred Representative Trust Shares 10 Conv 433s ser A 1950 Reynolds Invest 5s 1948 4 8.92 3.46 F&A A&O 9833 5733 Common stock $6 17.12 95 2.48 preferred * Oorp Royalties Management A ♦Schoellkopf Hutton and 9934 4234 1 Rossia International 9933 100 89 1 "533 Republic Investors Fund 2833 10333 333 * Preferred 1 733 75c * 1933 2833 1333 Collateral ----- A33 niP: Deb g 6s 1940 B with war J&J / Insuranshares Co of Delaware.. 1 50c 5c 2 100 Railway & Light Securities 2733 25 33 1.23 — 3.67 1.29 13.81 2.01 98c Insurance Group Shares Insull Utility In vest- Insuranshares (Md) ctfs Inc 1 International Holdings & Inv___* 98 28c 5 common A preferred North American Bond Trust Ctfs. Noith American Tnvest Corp— Railroad - 12 3133 10933 6.88 Class B 1 Industrial Securities Corp 64 114 5 Industrial Finance vtc 3134 10134 3933 8c 133 Independence Fund of N A "f.OO 6233 10733 -1 Income Foundation Fund 106 10 26 Independence Trust Shares.-.-. * 106 834 24 Illuminating & Power Securities— 1st preferred —100 - 28 33 26 2 25 5.77 _ Niagara Share Corp (Md)— Conv deb 5Ws 1950 M&N Class B 4733 . 33 Bond & 2 23 6.50 Guardian Investors 110 1133 9.29 25 8% preferred 2.63 1 91 2033 22 1 Railroad equipment Steel stocks. We 133 4 733 9533 Railroad Incorporated 3.38 233 Oils 3.92 55 * 35 14 Railroad 140 ._* 60 Steel Shares 105 100 preferred preferred Mutual System com.. 27 10034 42 Household Finance 75c 13 M 46 i"o". 15 Commercial Invest Trust. * 3.89 3.55 - 8.68 28 Metals 1 5.85 82 * We 1733 33 6234 6.69 433 3.45 18.12 11 434 51 M&S Morris Plan Indus Bank (N Y).10 Mutual Investment Fund ..10 National 79.50 4333 xs 10433 10433 10433 10433 10433 10433 1947 Bank stocks 30 101 3.03 17.21 Q-J 100 Commercial Banking common. .1 $1.20 preferred 10 pr 7% preferred ,__20 Commercial Credit common 10 28* 10033 33 1633 33 ji 33 5.31 27.06 Q-F Q-M 1 4.96 2.74 4.87 /8 6s series AC 1952.. Collateral Loan 4.55 Investing Shares ; Merchandising Shares Mining Shares 45 - x-w 2133 4.05 31.70 38 333 10033 2.620 6s series AA 1953 6s series AB 1948 34 57 4.09 16.18 Q-J 33 5534 8.89 9.33 series D 1956 100 97 3.71 135 3s 1953 M&N Monroe Loan Society class A 1 Morris Plan common 5 Preferred 10 Sec 6s 40 1 common * Debenture 433s w w 1950.M&S Midland Invest Corp (Mo)— (Colo) ser B shares (Md) voting tr shares New England Fund New York Stocks, Inc — 8.09 100 Securities A Partic preferred 28.97 Food Shares 2.950 ... & 26.94 Electric Equipment Shares -----1 Preferred Merchants 50 Manufacturers— Nation 42 25.16 Cleve Securities 4-6s to 1943-J&J Collateral Bankers Inc— 7s series A & B 1950 Q-F 7s series C 1959 Q-M partic preferred 10433 "533 5.60 100 City Investing Co conv 10333 533 6.34 4 1956 5% . 104 4.01 5.09 33 234 33 33 10c Marine Midland Corp .5 Maryland Fund Inc. 10c Massachusetts Investors Trust 1 Mass Investors Second Fund Inc. Mass Utilities Associates vtc 1 100 5.76 _* 100 * Manhattan Bond Fund Inc 5% preferred ser A w w 100 Nat Bond & Share Corp * Nat Indus Loan 7s 1957_.Q-Jan National Investors Corp 1 Nat Trust Shares Rernodlfled 1 Shares com.—100 — Securities 5.14 M&S * ment Corp 4)3s 1959 Group Securities, Inc.— Agricultural Shares —* Preferred I 5.75 Gleneagles Invest 5s June 15 1944 Globe Indus Loan 6s 1955 J&J 2 Christiana * J&J B6 conv pref w w ' German Credit & Investment— Pref allot ctf 25% 1st pref. 23 Chemical Fund.. 16.76 4.38 Building Shares 1 1 * * 1 10 Lehman Corporation--.—._1 Liquidating Shares Loomis-Sayles Second Fund 10 Loomis-Sayles Mutual Fund * National Aviation 45 1#4 .1 $6 preferred Conv deb 5s 1953 94 common 4.00 3.50 35 15.42 Chemical 20 Chartered Investors $5 preferred 1952 Gen'l Realty & Utilities com $6 preferred Gen Shareholdings Corp com 433 ♦Central — 1 1534 Petroleum 100 Chain Store Investors Trust. Feb F&A General Capital Corp * Gen Finance conv deb 5s *51. J&D General Investment Corp.....1 $6 preferred * 3.45 Deb 5s with warr 1950.-M&N Cent Invest Corp 5-6s '57. -A&O 6% cum preferred Century Shares-Trust 5s * 8.73 72 42 100 100 100 100 A..1 3.13 2.50 3.48 46 * Nat Corp class A • ♦Class B • Central States Electric Oorp._.l ser Fundamental Investors Inc 2 Fundamental Trust Shares Inc— Class A 2 Class B * General American Investors...* 53 334 3933 -10 Conv pref series of 1929 6.64 2.25 Aviation Shares 1 7% preferred Conv preferred 1733 5.99 - Fund Warr Trust Goodall Securities 11c 21.27 * 25 Fund Invest. 17.86 1533 5 27 Bank stock series _10c Insurance stock series ..10c Fixed Trust Shares series A 10 5633 1134 106 Canadian Internal Inv Trust— Canadian 16.60 --10 First Mutual Trust Fund Fiscal Fund, Inc.— Warrants General Investors Trust General Public Service Oorp 3.44 2033 5533 1033 1 5s series A 1959 26 Fulton Indus Sec units. "733 7 4833 5 Burco, Inc common $3 conv preferred * * Foundation Trust Shares 1 Fund Ltd 1834 26 20 5 Brooklyn National Corp * Foreign Power Secur 6s '49 J&D 11 1 100 preferred 1 26.98 33 2033 1934 * common $1.50 preferred series A $1.50 preferred series B Fidelity Fund Inc ♦First Boston Corn 21 434 3634 9434 1 Boston Fund Inc Boston Investment Co British Type Investors A Broad St. Invest Co Inc nWe 20 preferred conv 78 25.09 18 ._* $2.50 prior preferred * Beneficial Loan Society com * 6% profit share deb 1956--Q-J Bullock 39 333 10033 1333 2834 - - conv 34 $3 Family Loan Society 2434 76 10c Equity Corp common 6.79 "634 6 2234 5 16 5% preferred Beneficial Industrial Loan * 1734 72 5 $6 preferred Equitable Invest Tr (Mass) 333 2934 333 10034 1234 2734 4833 34 Atlantic Secur 43*s A $3 Empire Capital Corp A 6.15 35 * Empire Power Corp partic stk.* 333 2833 3133 $2 33 preferred $3 preferred $2 preference 133 433 3.58 Knickerbocker 1st 5 Hs series B 1945 69 134 We 1633 1634 Economic Inv Tr Ltd 5sA'57M&N 12.53 8.81 - Series S-4 Larkins 10.62 Lawyers Mtge Inv (Boston)— 67 5 ..* X 10234 10234 10c 5.60 Eaton °& Howard Balanced Fund. Eat/m & Howard St >ck Fund 40 ------- Series S-2 Dominion-Scottish Invests Ltd— 1 st coll 4s series A 1952 J&J 30 6.36 14.84 ----- Series 8-3 3.35 4.95 1.09 pref 29 10 13.30 - Series K-2 2.69 --25c Dividend Shares 8 34 28.24 20.74 ----- Series B-3 2.50 - Series B-l Series B-2 4.23 1 D shares 68 J&J -1 2133 Keystone Custodian Fund— 32"" Diversified Trustee 8hares— 28 Amer International Corp Conv 533 s 1949 American investment (111) 25 Italian Superpower Oorp A com.* Deb 6s 1963 (ex-warrants. _J&J common Series K-l 28 American General Corp S2 preferred 3034 133 ---* M&N 10c 251 2 133 •7% cum preferred Amer Cities Pr & Lt cl A—-..25 Class A opt div ser w w 25 Class B 1 5s series B 1958 Amer Foreign Investing '233 Deposited Bank Shs N Yser A..1 Deposited Insur Shs ser A-...1 12 H * American European Secur __* Ooll tr s f 5s 1958ser A-_.. J&J X 25 Investors Trust Preferred Series B-4 We 10 % Eastern Equities Corp We Eastern States Corp com 12 $7 preferred series A $6 preferred series B_ 7134 preferred $5.50 prior pref-- 9.85 Preferred 2.09 251 share 34 17.22 100 C shares 10c S3 Per 15.93 preferred Bid 9.23 -—100 ♦8% 10 ♦Crum & Forster Insursb B 133 Capital Corp A..—---10c Par Royalty Cumulative Trust Shares——..* Delaware Fund 1 2 26 2 10134 Bonds 1 25 Investors 25 $3 convertible preferred-* ♦Amerex Holding Corp -10 Amer British & Cont 5s *53 F&A Amer Business Credit A 1 Amer Business Shares.— 1 ana Investors Fund of Amer Series Cl 2.19 2.09 2733 26 Class B Stocks share 2834 11933 2934 11233 (Mass)—- Deb 433® with comshs 1967—Aldred Investment Corp (Can)— Deb 4>3s with com shs 1968— Alliance Investment com— * Allied Int Investing Corp— Amer Corporate Trust shares old ser—1 AA .X Aldred Invest Trust Per 103 8.60 Ask Bid Per. share Adams Express com Ooll truBt 4s 1948-- and income and defaulted bonds possible for the closing day of the month preceding the date of issue are as near as Pomeroy Inc common .10c Scudder. Stevens & Clark Fund 33 20c 34 80.49 Continued.on page 84 ♦ Quotations not furnished by sponsor or issuer. k Last sale n Nominal, r Canadian price, * No par value. x Ex-dividend a Called fnr redemption; see page 111. e Ex-coupons. / Flat price. Utilities Public (Includes street and electric railways, peas, NOTICE—All bond Quotations for all Adriatic Electric Co (Italy)— Extl s f 7s 1952 A&O f 6s 30 1951-F&A 107% 105% 1946 104 M&N 102% 105% J&D M&S 109 106% 104% 102% 106% Alabama Water Service Co— J&J a 102 5s 1930..J&J / 38 General 5s series A 1947-.J&D / 36 1st M 5s 1957 Albany Ry 1st All America A ser cons Corp— 89 Cum income 4s deb B A&O Alliance Pub Ser(Ohio)5s '57 M&S Altoona & Logan Val Elec Ry— 1st coll 4s Jan 1 1954 J&J 42 91 87 85 American Community Power— 7 5%s Certificates of deposit 1953 / 18 Amer Elec Pow deb 6s '57 M&S15 / American & Foreign Power Co— Deb g 5s 2030 M&S 50% 5 Amer Fuel & Pow 7s 1934.J&J / American Gas & Electric Co105% 2%s s f debs 1950 J&J 109% 3%s s f debs 1960 J&J 111% 3%s s f debs 1970 J&J 59% Am Gas & Pow deb 3-5s '53.F&A 63 Secured deb 3.6-6s 1953 J&D 102% Am Pow & L deb 6s 2016 M&S 75% Amer Rys Corp coll 4%s '53.A&0 51 , A&O Debenture 4%s 196JJ 53 106 109% 112% 60% 65 102% 77% 55 American States Public 8ervlst I 5 %s 1948 ser A M&N /100% M&N 104»»32 104% 25-year deb 3 %s 1961 A&O 30-year deb 3%s 1966 J&D Amer Util Service 6s 1964--M&N 110% 110% 90% Berlin City Elect 6%s Sink fund deb 6%s 110% Deb 6s Apr 1,' 1955 Berlin Elec Elev & Underg J&D / Teleg— 1st extend 6s 92 110 M&N 101% J&D Ana&Pot R RR-See WashRy&El 100 Anchorage Lt & Pow 7-9s'43 F&A Androscoggin & Kennebec Ry— 1st 6s 1940 (unstmpd) M&S / 33 f 22 Stamped ctfs of dep 60 Androscoggin W Pow 6s "45-F&A f 4s 5s-5%s 1955 F&A Appalachian Electric Power— 106% 1st mtge 4s 1963__ F&A 103% S f deb 4 %s 1948 F&A 127% Appalachian Power 6s 2024--J&J Ardmore St Ry—See Phlla Co. Deb 6s 1975 ser ser A B 110% 102% 102 65 106% 104% 130 Arizona Edison Co— Income 5s J&J A&O -F&A I960.. Income 6s 1960 Arizona Power 5s I960 F&A 1st & ref 4%s 1950 96% 98% 104% 97% 99% 184 Arkansas-Missouri Pow Corp— A 1965 J&D Arkansas P & L 1st 5s 1956.A&O 1st mtge 4s ser 104% 105% 105% 106% Arkansas Western Gas Co— 1st s f 6s ser A 1953 A&O Ashtabula Wat YVks 5s 1958-A&0 Elect 4%s 5a Jan 1 196r Assoc J&J 1953 J&J Associated Gas & Elec Co— Conv deb 5%s 1977 ..F&A / M&N f F&A / Conv deb 4 %s 1949 .J&J / Conv deb 4 %s 1948 -.M&S / Cons ref deb 5s 1968 A&O / / / 8 fine deb 4 %s O 1983—.M&S / 8 f inc deb 4s D 1983 M&S / 8 fine deb 4%-5%s A 1986 F&A / 8 f inc deb 5-6s B 1986---M&S / Conv A 58 2002 Q-F / Conv A 6s 2002-.---. Q-M / Conv A 7s 2002 / Scrip 4s 1941 Scrip 4s 1942 Associated Gas & Elec Corp— 8s ex-warrants 1940 M&S / Conv deb 5%s 1973 F&A / Conv deb 5s 1973 J&D / Conv deb 4%s 1973 J&D f Conv deb 4s 1973 M&S / Income deb 4%s 1978 F&A / Income deb 4s 1978 A&O / Income <deb 3 %s 1978 M&N / Income deb 3%s 1978 M&S / Conv deb 5s 1965 Conv deb 5s 1950 - $3 100 105% 44% 45 49 50 12% 10% 12% 12% 12% 12% 7 7 7 10 7 7 1% 1% 1% 13% 11% 13 13 13% 13% 10 Deb 6s series A 1958 Associated Telep & Teleg Co Deb 5%s 1955 ser A M&N Associated Telephone Utilities— Deb 6s series A 1941 M&S / Certificates of deposit / 1942-A&0 / Certificates of deposit / Conv deb 5%s 1944 ser C.M&N / Certificates of deposit / 2-yr 6% notes 1933 A&O / Certificates of deposit f Conv deb 5s series B 36% 42% 101 101% 114 11 1st & ref 5s 1954 ser A 78 106 Capital Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D Cent Ark Pub Serv Corp— 1st & coll tr 5s 1948 ser A..F&A Central Electric & Telephone— 4%s series A 1965 J&J Central Gas & Elec 6s 1940.M&S First lien coll tr 5 %s *46. .J&D Central German Pow 6s *34. J&D Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 J&D 1st & ref 3%s 1965 _M&S Bklyn City RR 1st 5s 1941—J&J Brooklyn Edison Co— Consol mtge 3 %s 1966—M&N Bklyn-Manhattan Transit Corp Coll trust 4%s 1966 M&N Certificates of deposit 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 Certificates of deposit Kings Co El 1st 4s 1949--.F&A Certificates of deposit 1951 1st mtge 3%s 1964 debentures— 3s Dec 3 111 30 26 29% 27% 24 14% 14 13% 13% 14% 14% 14% 15 A&O 83 68 72 60 61 — «• *. „ 111 — 102 3%s 3%s 3 %s 3%s 3 %s 3%s 114% 135% 86 104 June 1 1943 Dec 1 1943 June 1 1944 Dec 1 1944 June 1 1945 Dec 1 1945 104 103% 103% 103 102% 4s June 1 1946 104 104 1946 4s Dec 1 1947 4s June 1 1948 - 27 4s June 1 1949 111% 1st mtge 3%s ser A 1968--J&D Serial debentures— 104 Cent Illinois Light 3%s '66. -A&O Central Illinois Public Service— 107% —J&D J&D ....J&D —-J&D 100% 102% 109 3 %s 1940--.. 100 3%s 1941 3%s 1942 3%s 1943 4s 1944- 59 4s 1945. — 103% 4s 1946 108 4s 1947-- 108% 4s 1948 5s 1957 Cent Indiana Gas 118 Central 26 Maine 1st & gen M 118 71 71% Called for redemption: seepage 111. 103% 104 103 102 95 107% 108% 108% 3%8ser H '60.F&A 1st & gen M 3 %s ser J 1968J&D 1st & gen M 3 %s ser L '70 A&O Central Mexico Lt & Power— J&J 1st s i 6s ext to 1950 25 A&O 108% F&A Gen mtge 3%s 1962 105 106% 102% Central Ohio Lt & Power— 100 109% 110% 1st mtge 4s ser C 1964 Cent Pow 1st 5s 1957 ser D.J&J Central Power & Light Co— 1 st mtge 3 %s ser A 1969 . Serial debentures— 98% 100 2s Feb 15 1942 103 2s Aug 15 1942 Feb 15 1943 100% 100% l%s Feb 15 1941 1 %8 Aug 15 1941 100 107 F&A . 97% 2s 98 105" 102 2 %8 Aug 15 15 15 15 15 101 — 1943 1944 1944 1945 1945 112 113% 105% 106 93% 94 Feb 15 1946... 3s 98 111% 113% Feb Aug Feb Aug 3s 106 100% 100% 100% 100% 100% 100% 100% 100% 100% — 2%s 2%s 2%s 2%s 97% Aug 15 1946 Central Public Service Corp— Conv deb 5%s '49 F&A 111% 109% 110 Central States Elec Corp— Conv deb 5s 1948 100 101% 102 105 1 1 Cent States 6 %s '58.J&J Calgary Power 1st 5s 1960--A&O 1st s J&D f 5s 1964 California-Oregon Power— Deb gold 5%s 1942 A&O 1st mtge 4s 1966 A&O Calif Pac Ry (see Pac Elec Ry) California Water Service— 1st 4s ser M&N B 1961 J&D Chicago & South paid) 1927 F&A f & Lt Corp— 195lf-J&J 81 ..J&J 54 Debenture 1% Cent States Utilities 6s 1938.J&J / Cent Vermont Public Serv Corp 124 105% 123% 91% 81% 69% 125 93% 82% 71% 107% 1st mtge 3%s ser B 1966.-F&A Central West Public Service— 91 / 5%s 1956Charleston Cons Ry Gas iark Consol gold 5 1999 & El M&S 115 1st 5s 194 M&S 87 Gen & adj 5s 1952 Coll trust 5s notes 1942 M&S 65 Charleston Transit Co— 101% 107% 108 108 109 M&S Chicago Aurora & Elgin RR— 1st & ref 6s 1951 -J&J / 106% 107% Chicago City & Connecting Ry— Coll tr s f g 5s Jan 1 1927. A&O f Ry— Calumet Pow 104% J&D 1st M & 1st lien 5%s 5s 1944 105% Buffalo Traction— See International Ry Burlington (Vt) G L 5s 1955.-J&J Butler Water 5s 1957 A A&O Butte El & P lsts f 5s 1951—J&D 30 M&S 15 1954 1st mtge 4s 1964 103% 30% J&J — Deb 5 %s 79 Central Statas Electric Co— 106 45 - b Basis. 104 104% 105% 104% -J&D .J&D J&D J&D J&D M&S Power— Chicago City Ry— 1st 5s (15% paid) 1927---F&A Chic North Shore & Milw RR— 1st mtge gold 5s 1936 J&J / 1st & ref 6s 1955 ser A J&J / 1st & ref 5%s 1956 a 103% 103% 102% 102% 101% 4s June 1 1947 111% 1st (35% prin - 101% 3s Dec 1 1942 101 /This price includes accrued interest. . - M 105% 102% 102% - -F&A Gen & ref 4 %s 1981 . 100 Gen&refM3%sserO 07-J&D 2s deb A 1941-1942 J&D 3s deb B 1943-1947 J&D 3 %s deb O 1948-1952 J&D Buff & Nlag Falls El L & Power— 1st gold 5s 1942 F&A Calif Water & Telephone— 1st mtge 4s 1969 — 105 Cent Public Util.(ws)inc5%s. 1952 Central States Edison, Inc— 1st coll inc 3-5s 19&0 M&S Cairo Bridge 1st inc 81% 109% J&D 3s June 1 1942 Buffalo Niagara Electric— 57 101 4s Dec 1 1948 69% 97" 98% 97 26% 1 27 57 102% 104% 95% 1940 3s June 1 1941 3s Dec 1 1941 Buffalo General Electric— 2 101 Central Illinois Elec & Gas Co— 27% — J&J 3 2 104 4s Dec 1 ::: 80 Central N Y Power Corp— M&S 2% 10 1. 54% 54% 55% 55% 54% 54% 143 143 M&S M&S Cape & Vine'd El 4s A '65. --J&J 1955 1st mtge 5s ser A 27% Rys— Bklyn Un Elev—See BklynQueens Bklyn Un Gas lstcons5eg'45M&N 1st lien & ref 6s '47 ser A.. M&N 1st lien & ref 5s ser B 1957 M&N Deb 5s 1950 J&D 10 1 55 28 28 65 50 Serial Broad River Power Co— 1st stamped 4s 1st 5s 1944 81 Nassau Electric RR Associated General Utilities— J&J M&N i A&O f Mtge&Coll tr 3 %sser D'68 J&D Bleecker St&FulFy-See NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940 M&N Bolivian Power 8s ser A '45.A&0 Boston Elevated Ry— Deb g 4%s Nov 1, 1941—M&N Deb g 58 Dec 1942 J&D West End St 5s 1944 M&S 7s Sept 1947 M&S Brandenburg (Germany) El Pr— Extl 1st s f 6s 1953 M&N Bridgeport Gas Lt 4s 1952..J&J Brith Colum Pow 4%s 1960.M&S British Columbia Telephone— 1st 4%s series B 1961 J&D 10 79% 63 Light & Power— 5s 1949 optional 1914 Canadian Rail & Harbor— Term 6%s 1951 Canadian Utilities Ltd— 109% 98% 97% Ask J&J Canadian 106% 53 f 6%s 1956 A&O f 101% Birmingham Elec 4%s 1968.M&S 103% Birmingham Gas 1st 5s '59.M&N Blackstone Val Gas & Elec— 109% M & coll tr 4s ser C '65—M&N 10 See Investing Companies. Associated Pub Utilities Corp— 1st lien 5s 1947 ser A 1951.. J&D 1959--F&A Bid Bonds « J&D 1947 1st mtge s Amer Water Works & Electric— Deb 5s 1975 105 106 194? J&Q 106% 1955 M&S Atlanta Nor Ry—See Ga Ry & El 105 Atlanta Wat El & Pr 5s 1943 J&J Atlantic City Electric— 109% Gen mtge 3%s 1964 J&J 97% Atlantic City Gas 5s 1960 J&J 96 1st lien & ref 5s 1957 J&J 102 Atlantic City Sew'age 6s A'56 J&D 103% Atlantic Co Wat 5s '58 ser A M&S 68% Avalon Telep Ltd 4%s '58--A&O Baltimore County Water & Elec 104 1st 5s 1946 M&N Baltimore Transit Co— ' 35% Deb 4s series A 1975 J&J 41% Deb 5s series A 1975 J&J 100 Deb 5s series B 1975 J&J 100 Bangor Gas Light 5s 1941—A&O Bangor Hydro Electric— 112% 1st mtge 3%s 1966 J&J Bear Mt Hud Riv Bdge Co— 1st 7s 1953 A&O a 103% S f income 8s 1953--. A&O a 103% 18 Beaver Valley Trac 5s 1950.A&O / Bell Telephone of Canada— 110% 1st g 5s 1957 ser B _J&D 110% 1st mtge 5s 1960 ser O M&N Bell Telep Co of Pennsylvania— 113% 1st Scjbef 5s 1948 ser B J&J 1st Stref 5s 1960 ser C A&O ,135% Bellows Falls Hydro-Elec Corp— 105% 1st mtge 5s 1958 A&O 84 Bergen Turnpike 5e 1951 J&J Berkshire Street Ry— 1938... 6s the month preceding the date of issue Camden & Sub Ry—See P S Corp Canada Nor Pow coll 5s '53.M&N mtge 4%s 12 l >eb American Telephone & Deb 5%s Nov 1 1943 "f" atfd income and defaulted bonds Atlanta Gas L 5s g Gen J&J 1st & ref 6s 1951... 1st & ref 5s 1956 1st & ref 4%s 1967 1st & ref 5s 1968 Athens (Ga) Ry & Electric— 1st & ref s f g 5s 1950 -——J&J 39 and bridge companies.) Ask Bid Bonds Ask 103 % M&S Ala Gas Co 1st M 4%s Alabama Power Co— 1st prices are "and interest" except where marked securities are as near as possible for the closing day of Bid Bonds electric power, water, telegraph, telephone fcLastsale. nNominal. r A&O /. 96 2 6% 43% 2 1% 1% Payable in Canadian funds. 74 UTILITY BONDS PUBLIC NOTICE—All bond prices «r« "and Interest" except where marked "I" and Income and defaulted boncii Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Bonds Certificates of Cons M 5ft ser Ask Bid Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt red and pay Feb 1,1940—F&A1/ / deposit A Feb '27—A&O / 1927 J&D/ Purch money 5s Feb 1 1927 J&J / Adj inc 4s Feb 1 1927 May / Chicago Rapid Transit Co— | 1st& ref 6%s 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 / Chicago & West Towns Rys— i 1st cum inc 5s 1937 J&J / Series B Feb. ... 42% .... 7% 3 4 4% 1% 2 4 Consumers 1st ref 6s 1947 series A Cincinnati Street Ry— 1st m 5%s ser A 1952 1st 6s 1955 ser B.__ J&J 4% 4% 4 % 4% 5 5 5 % % % % 3 % 5% 97 111 M&S A&O M&N M&S Deb g 5s Apr 1958 Deb g 5s 1963 Deb 5s 1969 Oonv deb 5s 1950 J&D Cities Service Power & Light— Deb 5%s 1952 M&N Deb 5%s 1949 J&D 98% 91 93% 85 82 % 83 % 83 83 95 87 83% 84% 83% 83% _ Independent 93% 93% 94 94 Telephone 1st mtge s f 4%sser A Citizens Utilities Co— *61.-J&J Income notes 3s 1955 F&A 1st coll 4-5 %s 1948 A&O Citizens Water (Scottdale)— 103% 36% 66 1953 J&J 91 City Light & Traction (Sedalia. Mo) 1st s f 5s 1952 J&D 99 City & Sub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El City Water (Chattanooga)— 1st M 58 1954 series B J&D 101 1st M 5s 1957 series C_—M&N 105% Clarksbury-Columbus 8hort Route Bridge 6%a 1952—. J&D / 45 37% 68 1st 5s series A Cleveland Kle^ric Ilium— 1st mtge 3s 1970 J&J Cleveland Ry 1st 5s A 1945-M&S Coast Cos Gas & Electric— 1st f 4s series B 1965 109 102% Colonial Utll 5 %s 1958 Collateral 6s 1942 J&D Columbia Gas & Electric Corp— Deb g 5s 1952 M&N Deb g 5s 1952 A&O 15 Deb 5s Jan 15. 1981 J&J 15 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1954 ser 101 B...M&N Columbus & Sou Ohio Electric— 1st mtge 3%s 1970--.. M&S Commercial Mackay Corp— Inc deb w w 1969 May / Commonwealth-Edison Co— 1st mtge 3%s ser I 1968..J&D Conv debenture 3%s 1958.J&J Com'w'lth El 5s June 1 '43 M&S Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948. / Non-cum inc deb 6s (x s) 1948. / Commonwealth Light & Power— Ref & unif 7s 1962 J&J / 104% 104% 104% 9 104% 104% 108 39 108% 40 107% 108 113% 114 109 40 28 6 1st & gen 3 %s ser C'75--M&N Connecticut Ry & Light— 1st sHwf 4%s 1951 J&J Stamped guaranteed opt.-J&J F&A Conn Riv Pow 3% ser A '61 Consolidated Cities L P & Tr— 1st lien 5s 1962 T..J&J Consolidated Edison Co of N Y— Debenture 3%s 1946 A&O Debenture 3 %s 1948 A&O Debenture 3%s 1956 A&O 20-year 3%s debs 1958...J&J Consolidated Electric & Gas— Coll 6s ser A Aug 11962. .M&N 6s series B 1962. Collateral 6s 1957 s F&A F&A Consolidated Gas of Baltimore— Gen g 4%s Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3%s 1971 .—J&D 1st ref mtge 3s series P '69.J&D f deb 6%s 77% 79% 103 1st Eastern Gas & IIII 96 29 92 30 ' $106 1st mtge & coll 5 % % 129 111% 108 109% 109 90% 109% 91% 30 1st guar 5s 1954 105 J&J 27% 20 1st coll 5s 1963 reat Cons Elec Pow 72" 1st M 7s 1944 1st & gen 6%s 1950 reat Lakes Power Ltd— 73% F&A J&J 65 M&S 70 J&D 70 1st lien coll tr 5 %s 1942—M&N 102 68% (Japan)— lstsf 4%s 1956 Gen s f 5s 1957 88 87% 100 87 A&O 79"" 61 reat Lakes Utilities Co— 70 reat Northern Power— 1st 5s stamped 1950. 110 F&A 104% 101% 101% 101% 1st & ref 4%s 1953 reen Mountain Power 84"" 83 103% M&S Corp— \ 1st & ref M 3%s 1963——J&D 11II 106% Serial notes— 4%s ■ J&D 6 100 to 1940-1953 101% ulf Coast Water 1st 5s '48.F&A 96% .A&O 103% 105 1st M & 1st lien 5s l955 B M&S Easton Consol El 5s 1949 M&N 103 104% Economy Lt & Pr (111) 5s '56. J&D 124 m M&S 5%8 1947ser A — f July 1. '65.J&J s 107% Y G 102 Edison Sault Elec 4 %s,1961 A&O Elec & Peoples—See Phila R T Electric Pow Corp (Germany)— 1st s f 6%s 1950 M&S / 26% 1st sink fund 6%s 1953.-A&O / 26% 87 Electric P & L Deb 5s 2030-F&A Eliz Plainf & & Eliz & Elmira 56 55% 57% 57% 56 % Cent J1 Raritan 107% 87% See RivfPublic Serv J Corp 57 Trenton RR Water, Light & RR— 5s 1956 M&S „ 1st & con g 1st mtge 6s 1945 ulf States Utilities Co— 1st 99% Edison Elec Ilium of Boston— 106 70 104% 124% 125 m 5s 1950 ser A 103 105 m 1st 6s series A 1943 J&J Empire District Electric Colst & ref m 5s 1952 M&S 104% 105 A&O a 1st 5%s series B 1955 102 111 & ref 3 %s ser D 1969M&N Hamburg (Germany) Elec Co—r Extl g s f deb 7s 1935—M&N amburg (Germany) ElevUndergound & St Rys 5%s'38-.J&D Hamilton Gas 6 %s- Aw w '37 J&D imilton Gas Corp— 4s series B 1953 M&S Harris burg Gas 5s 1970—M&N Havana Elec Ry 5s 1962 F&A 5%s (Sept'31 coupon)'51-M&S empstead & Oyster Bay— Water 6% July 1 serially Hest Man & Fair Pass Ry—See P Holyoke Street Ry inc 5s 1945 Home Tel & Tel (Ft Wayne;— El Paso Electric Co— 1st / 26 / / 26% 74 60 108 20 , / a 5 103 hi! R T 50% J&J 105 A&O 105 Hoosac Valley Street Ry— 1st ext 6s June 1 1947—M&S Houston Elec 1st 6s B 1950.J&D Houston Gas Securs 5s 1952.M&S 24 102 100 129% 110% 68 Eastern Shore Pub Service Co— 105% 128 106% 105% eorgia Railway & Electric— Atlanta Northern Ry Co— 99 104% 105% 104% 108% 109 122 87 104 Eliz 104% 100% A. J&D ser eorgia Power 1st 5s 1967—M<S eorgia Power & Light Oo— 1st mtge 58 1978 J&D Edison El 111 (N Y)—See N 112% Corp— eorgetown Gas Lt 1st 5s*61 F&A a-Oaro Pow 1st s f 5s '52--J&J 87 J&J 101% 101% 6%8 C55.A&0 1st lien & col 58 1943 50 Corp— eneral Water Wks & El 79 26 J&J 1st 112% 110% 108% 69% / Scrip 4s due 1942 26% . 77 A&O 1st 3%s series B 1969 A&O eneral Gas & Electric Corp— 5 4%s 1948 A J&J 128 72 1st 3%s series A 1969 77 M&S 99 122% See Investing Companies, eneral Public Utilities— 1st M coll tr 6 %s ser A'56_ A&O 5s 1953 92% 97 eneral Public Service m 5%sseries A 1951 50 101 112 m 5s series B 1.25 J&J 4% Eastern Minn Pow 5%s 1951 &S Eastern Oregon Light & Power— 1.00 IIII 65* 97 1.60 A&O 111 Ref 42 Elec 111% Ref 6s Jan 1948 ser O—M&S 15 Ref 6s series P Jan 1 1948.A&O Ref 6s series E Jan 1 1948.A&O 94 M&S / Ry— A&O / 1957 f g 5s 109 Ref 92% s K 30 Eastern Mass Street Ry Co— 100 103% a i%s '44 M&S o 5s *49. J&D Gen 5s Nov 1,1954. M&N 42 42 3 3 ' K-'lH*. O O Cnrfa.05 as: , Fuel Assoc— 1948 B f 6s 93% 103 98 28% 1st m & coll tr 4s A 1956.M&S Eastern Iowa Pow6%s 1943-M&S Eastern Lt & Pow 4s A 1965-J&J 10 J&J 1953—J&J 1954 opt andy Bridge (Tampa)— 1st mtge s f 5%s 1957 ary Electric & Gas Oo— IIII Duquesne Light—See Phila Oo 84 Duquesne Nat Gas 7s 1948.-J&J Duquesne Trac—See Phila Co 103% Durham Pub Ser 7s A '49--A&O Durham Trac 1st 5s 1941 100% M&S 77 East Coast Pub Serv 4s 1948 F&A 103 East Jersey St Ry 5s 1944.-M&N 69 E. Kootenay Pow 1st 7s '42.A&0 East Prussian Pow 6s '53 J&D / 26% 43 6s 102 i—1 » o o J&J 1st lien coil 5s 1944 A&O / 30 s 1st M f 20-yr s f 6%s 1948 r Duluth-Superior Transit— Wat alveston-Houston 76 91% Equip trust 4%s to 1941—F&A Equip trust 4%s to 1943--M&S Equip trust 4s to 1946 M&S ullerton-Portsmouth Bridge— 107 107% 104% 108% Detroit International Bridge— 1st mtge s f 6%s 1952 F&A / Certificates of deposit S f deb g 7s 1952 F&A Certificates of deposit... ... Dom Elec Pow 5%s 1955 M&S Dominion Gas & El 6%s '45.J&J Un ontana 108% 106 Gen & ref M 4s ser F 1965. A&O Gen & ref M 3 %s ser G '66M&S 17 101% M&S 1st 4s series O 1955 lorida TePp 2d 6s 1954 103% 1948 —M&N / 102% 24 lorida Power Corp— 1st mtge 4s series O 1966-.J&D Sinking fund debs 5s 1946-J&D lorida Pow & Lt 1st 5s '54--J&J lorida Public Service Oo— 111 111% 112% 110 % t Exchanged for Phila. Trans. Co. 4s, 1969, under reorganization plan. * Prospective call. Includes accrued interest, fc Last sale. n Nominal.i r Payable in Canadian funds. This price ederated Utilities Inc— 1st lien col tr 5%s 1957 42 Gen mtge 3s 1970 M&N Darby Med & Ches Ry—See Phila R Tran / 86 JDarby & Yeadon 4%s 1934 Dawson Ry & Coal 5s 1951.-J&J 103% Dayton Power & Light— 1st mtge 3s 1970. 108% J&J Delaware Electric Power Oo— 3%s 1st M J&J 86% Light— Denver Tramway Corp— Gen & ref 5s 1950 ser A J&J Des Moines Ry 1st inc 5s Jan 1 '55 / Detroit & Canada Tunnel— 103% 15 1942 J&J ederal Water Service Corp— Oonv deb 5 %s 1954 M&N 67 65 Deb 5%s 1959 J&J Delaware Power & Light Co— 1st M 4%s 1971 J&J 1st mtge g 4%s 1969 &J 1st mtge g 4%s 1969 J&J Delaware Yall Util 6e 1952.M&N 103 Paas Ry 5s Mayl 84% Cumberland Co (Me) Pow & Lt— 109 1st mtge 3%s 1966 A&O Cumberland Gas 6s w-s 1948M&N / 38 1st 5s 1953 w 8 M&S / Dumbarton B'ge 6%s to *49-J&J Connecticut Power— 1956 88 • 103% 102% 103% 102% ederal St & Pleasant Valley Co— 1st mtge 3%s 1967 F&A Dallas Ry & Ter 1st 6s 1951.J&J Danbury & Bethel Gas & Elec Lt 6s series A1948 F&A 102% 100 M&3 M&S Debenture 6s 1954 ser B__ J&D ed'l Pow & Lt 6s Nov 1,1965 Dortmund Munic Util (Germany) 104% 105% 105% Community Power & Light Oo— Col M 5s 1957 M&S 99% Community Public Service— 1st mtge. 4s 1964 M&S 106% Community Teleph 5s Jan 1 1949/ 27% Community Water Service Co— Deb g 6s 1946 ser A J&D 90 Deb g 5%s 1946 ser B...M&S 87% Conestoga Trac 1st 4s 1950--J&J 41 Connecticut Light & Power— 1st & ref s f 7s *51 ser A..M&N 128% 1st & ref M 3 %s ser F '66.M&S 112 1st & ref M 3%s ser G'66.J&D 110 25-year deb 3%s 1956...M&S 107% 5s 93 Stamped 1st lien g 6s 1942 stpd 101% Certificates of deposit / 94 1st 5s, 1966 M&N Detroit Edison— 105% Gen &ref 4%s 1961 ser D.F&A 52 111% 91% 4% 94% Telep conv 5s 1951-.-J&J Conv 109% 107 1st 5s (Amer series) 1942.M&S 1st 5s (Internat ser) 1942—M&S 3% 1,1954—J&D / 109% 110% 110% 109% 111% 90% s f 6s 1953 —M&N / Certificates of deposit / Commonwealth Telephone (Wise) 1st 4s series A 1966 M&S 1st & coll trust Public Service 98"" 135 109 1st mtge M&S 106% 49 F&A / 5 Colorado Util Corp 6s 1938.M&S f 49 s Crescent 109 108% M&N M&N M&N Coo per Riv Brl'ge inc 1st 6s'58M& N Copper DIst Pow 4 %s 1956. -J&D County Gas (N J) 5s Jan I 1952. Cuban .... 45 95 . 110 % 109)4 f 6%s s Mfg Co (Italy) 1953 with war M&N .A&O 1st 27 1 st mtge 3 h f 1966 M&N 1st mtge 3%sl969 M&N Contin Gas & El deb 5s 1958 F&A Continental Pub Serv 6s '40.J&D / 5 Ask Bid 106 rcole Marelli El 95% Co— 3%s 1965 2%s 1967-. 3%s 1970— Dallas Power & A&O A&O Cities Service Co— Ref deb 5s Jan 1 1966 Citizens 1st mtge 1st mtge mtge 1st Power ! Bonds 97 95% 95% unstamped 1943 ser A—J&D stamped 1943 J&D Consol Hydro-Elec Wks of Upper Wuerttemburg 1st* 7s '56 -J&J / 6s Coll inc 6s B Oct F&A J&D Cta Newport & Gov L & T— Ask quit G & E Utica 5s 1942-A&O 6s 41% 42 % Cincinnati Gas & Electric— 1st mtge 3 %s 1966 1st mtge 3 %b 1967 Bid Bonds Consolidated Gas Utilities Co—• a Called for redemDtion: see page 111. b Basis. NOTICE—All securities are Bid Bonds _J&D 110% 111% as near as Ask Light & Power— 1st mtge 3%s 1960 where marked "V and Income and defaulted bonds possible for the closing day of the month preceding the date of Issue bond prices are "and Interest" except Quotations for all Houston Houston Natural Gas Oorp— 1st m coll 6s '43 with warr.J&D 1st mtge 4s s f 1955 M&S Hudson (Jo Gas 5s g 1949..M&N 104% 126% Bid Bonds Hudson River Trac 5s 1950.M&S ..J&D 8 f deb 5,%s 1957 M&S Indiana Assoc Telegraph— 1st mtge 3%s ser A 1970..F&A Indiana Central Telephone Co— 1st lien coll 5%s 1938 M&N Indiana Gas Utilities 5s 1940.J&i Indiana Hydro-Electric Power— 1st mtge 5s 1958 sar A M&N Indiana Pr 1st 7%s '41 A .M&N Indiana Service Corp— 1st & ref M 5s Jan 1, 1950. J&J 1st 1 & ref 5s 1963 F&A Indiana & 8 W Gas & Utll— 107% 128 69 71" 105 Jewett City Water 5s 1945.. Johnstown Traction 4s Dec *31'62 / Cons mtge 3s B Dec 31 1962.. 41 9 105% / 74 % 81% 72% 79% 71 70% 71% 72 % 69% % 71 107% 109% 110 68 81% 83% 107% 106% 105% 101% 107% 106% 106 101% 106 155 97 94 101% 100% 74% 73% 74 72% 10 6% conv notes 1940 J&D f Indianapolis Columbus & South¬ 87% ern Traction 1st 6s 1948..F&A Indianapolis Gas 5s 1952...A&O f 82% Indianapolis Power & Light— 1st mtgo 3 % r 1970..---..M&N 108% 62 Indianapolis Ry 5s, 1907 J&J Indianapolis Water— 107 1st mtge 3 Us 1900. T&J Inland Gas 6%s 1938 66% F&A 66% Certificates of deposit 68% 6%s stpd 1952 (25% paid).... 8% Sinking fund deb 7s 1938-F&A Inland Power & Light Corp— 31 Coll tr s f 6s A 1936 „M&S 31 Colltrs f 6s 1941 ser B...M&N 84% 40 65 109 67% 67% 70% 32 -32 1st mtge 3%s ser A 1966.J&D Kansas Gas & Electric— 110 Deb gold 6s 2022 ser A. .M&S Kansas Power 4s series A *64 J&J Kansas Power & Light Co— 128% 130 105 111% 1969 J&J 97 Kentucky El Pr lstsf 6sl960J&J Kentucky Fuel Gas Corp— 1% 1st 6%s 1942 stamped J&D / Kentucky-Ohio Gas Co— Otfs indebt 2s 1958 J&D / 28 Kentucky Power & Light Co— 101 1st m 5%s 1948 ser B M&S Kentucky Utilities Co— 106% 1st mtge 481970 J&J 1st mtge 3%s 1st M coll tr 5%s '53 ser O F&A 1st col&ref 5%sl960 ser D F&A 6s coll notes ser A 1942 F&A 08 coll notes ser B 1942 F&A J&D 10 86 86% 35% 106% 106 102" 104% oo - — - - f 7s 1935 0% notes 1932 A&O Certificates of deposit Conv g 7% note 1932 A4&S Certificates of deposit... 35% Intercontinents Power Co— Debs A 6s 1948... J&D International Hydro-Elec System Conv deb 6s 1944 w w A&O 82% 82% 4s 4s 48 4s 13 95% 95 56 58% 60% 56% 56 58% 84" 52 1957M&S 72 74 M&S 69 71 J&J Internat'l Pow Ltd 0%s Deb 6s 1957 51 69 71 Debentures 6s 1955 International Power Sec Corp— 6 % % sec bonds 1955 ser C J&D 22 ser E F&A / Sec 7s 1952 ser P J&J15 / International Railway (Buffalo)Ref & impt 3-5s 1962 M&N 22 25% 22% 18 20 77 81 Lombard Elec Co Deb g 4%s 1952 .J&J Deb 5s 1955 F&A Int-State Bridge 4-0 %s '50.M&N Interstate Gas & El 6s 1951 ..J&D 75 53% Interstate Power 1st 5s 1957.J&J 63% 36% Deb gold 6s 1952. J J&J Interstate P S (Ark) 6s 1940 M&S / !%• Interstate Rys 4s 1943 % F& A f Interstate Tel & Tel 5%s 1953J&J 101% 64% 37% w Investors Telephone 3s 1961. J&J 102 75% 74 98 1st 48 Serial 4s ser A J&J 1961 104 103 notes— 102 108 48 102% 102% Apr 1 1943 48 Oct 1 1943 Apr 1 1944 102 4s Oct 1 1944 102 4s 85% 67 48 Apr 1 1945 4s Oct 1 1945 1955._J&D (Italy)— ..J&D 57 Long Island Lighting— Secured g 6s 1945 J&J Conv deb g 5%s '52 ser A. A&O Los Angeles Hermosa Beach & Redona Ry—See Pac Elec Ry Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 104 Deb 5s .M&S M&N 1968. Debenture 6s 1960 1st mtge 3 %s 1969. F&A 106% 106 a Called for redemption; see page 4% 111. 46 5% 104% 104 Y)— 1990 6s 15 67 An Oct Ann O / V* A&O / 47% *3 1952 b Basis. ser B..J&J 1st cum inc 9s ser 103 93 102% 121 5 88 110% 111 Debenture 6s 1965 A&O Montana-Dakota Utilities— 1946 f 4%s 1954 1st mtge s Montana Power— A&O M&N 1st & ref mtge 3%s 1966..J&D Montreal Isl Pow 5%s 1957 M&N .7.. 102 A..J&J Monongahela West Penn Pub Ser 1st & gen mtge 4%s 1900.A&O 1st M 5%s 1950 series 49 95"" 83 A&O Monmouth Cons Wat 5s '56. J&D Monongahela Light & Pow Co— 1st M 5s 1949. J&D Monongahela Valley Water— Debenture 6s 2031 69 l 98% A&O A '50--A&O / 104 A&O / 101 Conv deb 4%s 85% f 5%s J&J / 1939 Mobile Gas Service Corp— Income 7s 1956 r 49"" 94 102% Mob Lt & RR Cons g 5s '41 .M&S Mohawk Valley ref 6s 1991 M&N 107% 1st Hen & colltr 5s '53....M&S Manitoba Power Co Ltd— 1st M s f 5%s '51 ser A J&J * Prepayment offer, 71 101 87% s 29 116 Certificates of deposit 2d gold 4s 2013 J&D Certificates of deposit Manila Elec RR & Ltg Corp— 1st M J&D Telephone— 1st 5s 1956 1st 5s '53.J&J 94% 107 4 %s series (5 1961 M&S Missouri Val Public Service— 107% a 104 A&O Missouri Terminal— Manhattan Ry (N Cons 1st guar 4s - 46% F&A J&J 45% Inc deb 6s ser A ws 107% 103% Missouri Public Service Co— 1st s f 5s 1960 F&A Quebec Power— J&D 1952.M&N 5s stamped 1942- 107% J&D 86 1st s f 4s ser A 1959 M&N Macon Gas 1st mtge 4 %s'52-J&D 104% 63% 107% Missouri Power & Light— 1st mtge 3%s 1966 118 ..M&S 1966.M&S 105% 62 -105 1st M 4%s 1967. M&S Minneapolis Gas Light Co— 1st mtge 48 1950 J&D Minnesota Power & Light Co— 1st & ref 5s 1955 J&D 1st & ref 4 %8 1978 M&N Mississippi Power Co— 1st & ref 5s 1955 M&S 1st 4-5s 1956 68% Luneburg Pow L & W W(Germ'y) 1st M sf 7s 1948 26% M&N / Luzerne Co (Pa) Gas & Elec— 108 1st ref&imp g 5s"48 op'13 A&O 1st & ref 6s 1954 108% M&S Manchester 28% 60 110% 2d Income 4s 1963 w s 25 58 116 100 106 1st mtge 4s 1970... 59% Milford Water gu M 5s 1949. J&D Milwaukee Gas Light Co— 108 107% 105% M&N A 91 J&J 1938...M&S 109% M&N Gen mtge s f 4%s 1950---M&N Isarco Hydro ilec Co (Italy)— 1st M •» f 7 ' "*52 M&N Islands Gas & Electric— 25-yr s f 5%s 1953 ser A..M&S Italian Superpower Corp— See Investing Companies. Jacksonville (Fla) Gas— «er 5s 1950. Mississippi River Pow 5s '51 J&J Deb 5s May 1. 1947 M&N 1st income 3-6s 1957 w.g 1950 Middlesex & Somerset Traction— Missouri Edison 1st 5%s '47 J&D Missouri Gas & Elec Service— 103% Deb 6s J&J 94% 124 -J&J 1955 86 A 1948 102% 102% 5%s (series of *25) 1950 52 81 ser Macon Ry & Light Iowa Southern Utilities— 101.71 100.00 77 McLaren 102% 103% 103.08 78 f 5s Debenture 7s 1944 Iowa Public Service Co— 104.06 4s Oct. A&O s 104 106% 108% 104.61 1946. 1947. 1st ref s f 5s ser B 1950...A&O Louisiana Pow & Light Co— 1st mtge 4s ser E 1955 J&D Iowa-Ill Telep 2-5%s 1949-A&0 Iowa-Nebraska Light & Power— 1st lien & ref 5s '57 ser A..M&N 1st 1& ref 5s 1961 ser B.._M&S Iowa Pow & Lt 1st 4 %s 1958 M&S 106 104.70 1945. 1st M5s 1957 Lower St Lawrence Power— 1st « f 5s ser A 1955 A&O 105% 105% 106% 105.05 1944. Mississippi Power & Light— Lower Austrian Hydro-Elec— 1st s f g 6%s 1944 F&A / 33 109 ■' 101 101 101 34 108% Lone Star Gas 3 %s debs *53 F&A Long Beach Gas 1st 5s '56. _J&D 1st mtge 4%s ser A 102 102.40 1943. Certificates of deposit 27 4s Apr 1 1946 Iowa Elec Lt & Power Co— ... 102.72 1942. Midland Util deb 6s 102 Louisville Ry— 1st 4%s ext Aug 1 1942 General 5s 1950 Lowell Gas Light— 102 1941. 5s 1st & ref M 3%s 1960 M&S Louisv Ltg 5s '53 unstmpd__A&0 102 102 102 1948. 4s Oct. 1 1949 Middle States Util 6s A1951 A&O Middle West'n Telep 6s '43. .J&J Middlesex Elec Light Power— 26 1st mtge 5s 1957 J&D Louisville Gas & Elec Co (Ky)— 101% Apr 1 1941 4s Oct 1 1941 4s Apr 1 1942 4s Oct 1 1942 . 102% J&Dj 4s Oct. 1 64 1st ref Iowa Electric Co— 104 4s Oct. 1 62% 83% 1st extl 7s 1952 23% 25% 23% 24% 105% 104% ... 4s Oct. 60% J&J 1953 105 1945 1946 1947 1948 4s Oct. 95 J&D f 5s 1968. 102% 104% 4s Oct. 102 s 107 1941.. 1942 1943 1944 4s Oct. J&J 1st Conv deb 5%s 1 1 Aug 1 Aug 1 Aug 1 Augl Aug 1 Augl 1st M 5s 1956 112 Lincoln Gas & Elec 5s 1941 ..J&D 22 94 107 a Michigan Public Service Co— 1st g 5s 1947 ser A A&O'a 101 103% 1st mtge 4s ser A 1965 A&O 110 109 Lockhart Power 4%s Buff Trac 1st 5s 1948 J&D International Teiep & Taleg— Sec 7s 1957 27 4s Oct. Leipzig Overland Power— S f mtge 6%s 1946 M&N Lewiston Gas Lt 3%s O '56.A&O Lexington Ry 1st 5s 1949 J&D Lexington Water Power Co— 20 6% 28 Serial debentures: J&D Ref & impt g 5s 1960 1st extend 5s 1945 4 22 Michigan Gas & Electric Co— 1st & ref 6s 1943 M&S 88" 58 ' 103% 102% 40% Mich Fuel & Lt 6s A 1950.. .J&D / 4s 4s 94 J&D 1945— 92 notes— 4s Aug 4s Aug 108% ,;94 58 District Power— 1st mtge 3%s ser A I960..A&O Lancaster Co Ry & Lt 5s 1951 J&J Lehigh Valley Transit— 1st extend 4s % 1905—M&N Metropolitan West Side "L"— 1st gold 4s 1938 F&A Exten gold 4s 1938 J&J Mexican El L 1st M g 5s '42.J&J Mex Lt & Pow 1st 5s '40 s f_.F&A Mexican Utilities7sext'49..A&O Miami Bridge— Income deb 6s (w-s) Mar 1952. Michigan Associated Telep Co— 1st mtge 4s ser A1968 M&N Michigan Consolidated Gas— 1st mtge 4s 1963 M&S Lake Superior s 112% 106% 108% Metro Wat Sewer—See Fgn bds Serial 162 Lake Shore Elec Ry 6s 1933.J&J Lake Sh Gas 1st 5%s 19.50.-M&N Deb 32 lstsf 7s 1957 ser A A&O Metropolitan Edison Co— 1st M 4%8 1968 ser D...M&S M&N 1st M 4s 1 971 ser E 1st mtge 4s ser G 104 / 58 30 Metrop Edison Corp 6s *61 _M&S .... 106 KingsCoElev—See Bklyn-Que ns 108 Kings Co Ltg 1st ref 5s '54.-J&J 106% 1st ref 6%s 1954 J&J Kokomo Water Works— 105% 1st 5s ser A 1958 -J&D Lackawanna & Wyoming Val RK 10 1st 5s 1951 F&A / Debentures 6s 1948 F&A / % Interborough Rapid Transit— 1st & ref g 5s *66 op tax-ex.J&J Certificates of deposit A&O 77 101% 101 , 101% 100% 1997..A&0 11 O ^ 80 Meridionale Electric Co— 2% 105% M&N Kewanee(Ill)Pub Sef 6s A *49 J&J Key West Electric 5s 1950..F&A Keystone Public Service— 1st M 5s 1978 M&N Keystone Telephone Co— 1st & ref 5%8 1955 ser A..J&D 1st 1 & ref os 1951 ser B— A&O Kings County Elec Lt & Power— Laclede Gas Light Co— Ref & ext 1st 5s 1939—...A&O Ret & ext 5s. 1942 A&O 106 112 104 F&A 4%s 1955 32 ser ^ / . _ 31 Coll tr 0s 1957 Ry (San Francisco) 1945. Q-A Maryland Light & Power— 1st M 5%s 1950 ser A _J&J MaysvUleP Serv5%s A 1942A&0 Memphis Street Ry— 3-5s series A1945... A&O 3-5s series B1945—.Ann April 42 106 S f mtge Market st lstsf 7s 1940 ser A Q Jan Kansas Electric Power— Purch money 6s g 109% 107 (Stamped mod) ext at 5% to 8 or vice— 1957....J&J / 26% Market Street El Pass Ry— See Phila Rapid Transit 105" 105 Kansas City Gas 1st 5s *40.-F&A 1st 6s series A 1942.. F&A J&D / f 7s 1941 s ' F&A 108 107% Maritime Electric4%s 1956.A&O 69% Gen sf5%s 1956 A&O r 95 Maritime Telephone & Tel— 45" Ref & gen 6-4%s ser B 1966 J&J 73% 11 Ref & gen 4s series C 1967.J&J 70% 103% Keokuk Elec 6s 1945 110 15-year Marion-Reserve Power— 1st mtge 3 %s 1960 102 Kansas City Public 1st ref 4s series C 71% 70 68 105 105 83 Hydro El Bond & Sh 5s 1957M&N Hydro Elec Power Commission (Ontario) 3%s 1943 J&J 4%s due Jan I. 1970 J&J 8Kb 1947 A&o Deb 2%s 1941 M&S 2%st942. A&O Deb 2%s 1944. J&D 3 %B 1953 F&A 3s Aug 1 1948 A&O Idaho Power 1st 3 %s 1907--A&O Illinois Bell Tel 3%s B '70..A&O 111 Community Tel 6s 1949..J&J Illinois Power & Light Corp— 1st & ref 6s 1953series A..A&O 1st & ref 5%s 1954 ser B..J&D Bid Bonds Ask Mannheim & Palatinate Elec Cos James River Bridge System— 1st 2-08, 1967 -J&J Jaraest'n (NY)Telep 5s 1954 J&D 105 1st & ref 5s 1950ser O 75 BONDS UTILITY PUBLIC Dec., 1940] a 112% 102 105% 106% 106% 84% 106% Montreal Lt Ht & Pow Consol— 69 71 68 70 70 1st & coll J&J 67 69 70 Conv J&J 68 69% 1st & coll sf 3%s 1956 1st & coll 3%s /"This price includes accrued int. 1963 3%s 1973 notes 3s 1949 k Last sale, r F&A J&J Payable in Canadian funds. 76 UTILITY PUBLIC BONDS NOTICE—All bond prices are "end Interest" except where marked "f" and Income and defaulted bonds Quotation* for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Morgantown Water 5s 1965. _J&J Mount Hope Bridge 5s 1969. J&D 2d income 8s 15 1969. Mountain States Tel & Tel— Dec ... J&D 1965.M&N Municipal Gas & El Corp of 30-yr 3 Ms debs 1968 Muncie Wat Works 5s ReckLnghausen 7sl947 J&D / Bonds N Y Water Service Corp— 1st M 5s 1951 ser A M&N N Y & Westchester Lighting— 72 m 43 43 79 45 m 43 48m 65 105m 83 110m 105 m 101m 111m 101 103 1-m 102 m 103 72 F&A M&N Debenture gold 5s 1978.-F&A / Certificates of deposit / Nat Toll Bridge 6s stmp '39. J&J / Nebraska Pow 1st 4M» 1981-J&D Deb 6s 2022 M&S Nev Calif Elec 1st 5e 1956...A&O Deb 6s July 1941 J&J New Amsterdam Gas—See N Y Oonv deb 5s 1948 J&D Conv deb 5s 1950 ..M&N Convertible deb 5s 1962 J&J New Engl Pow Assn 5s 1948. A&O Deb 5Ms 1954 J&D New England Power— 3 M« series A 1961 New England Tel & Tel— 1st 5s 1952 series A 1st 4Ms 1961 ser B Newfoundland Light & 99 27 28 ll3" 129 m 86 m 99 m 122 115 66 66 M 66.m 67 m 66 69 95 h 96 m 98 m 97 m 109m 111 126 % 129 m 127 m M&S 107 112 71 79 m 81 107 m 105 New Orleans City RR 5s*43 J&J New Orleans Pub Service Co— 106 105 m 103 Inc 6s 105 106 m A J&D 104 m Newport & Fall River St Ry 1st & ref 5s 1944 J&J New Rochelle Wat 5 Ms *51.M&N 1st 5s series B 1951 M&N New York & East River Gas—See NYGELH&P New York Edison Co— ... 115 129 m 128 Northwestern Light & Power— 6s series B 1950 F&A Northwestern Penna Gas— 1st cum income 5s 1953..A&0 92 69 9m 16 125 m 105 m 71 93 26 m 112m 107m J&D M&N Ohio Assoc Telep 4 Ms 1966.J&D Ohio Cities Water Corp— a 69 94 m 116~ 108m 102 123" 107 108M 111 130 110 110m F&A 109 109 m 3M-3Ms 1941-42 3 Ms 1943-1944 ..F&A F&A 99 NY&Westch Ltg 4s 2004--J&J Deb g 5s 1954 op guar . J&J 106m 115m 1st mtge 3 Ms 1966 Debentures 4s 1946 Oklahoma Natural Gas— 38 107 m 107m 109 1st mtge 3M*s ser B 1955..F&A Oklahoma Power & Water— stpd 1958 J&J N Y & Richmond Gas Co— 1st ref M 6s 1951 ser A..M&N N Y State El & Gas Corp— 1st mtge 4s 1965 1st M 4Ms 1980 - 1st 4Mb 1960 1st mtge 3Ms 1964 New York State Rys— 1st con 4Mb 1962 ctfe 1st con 6 Ms 1962 ctfs New York Steam Corp— 1st mtge 3 Ms gtd 1963 New York Telephone Co— F&A M&S -M&S .M&N M&N / M&N / J&J Ref mtge 3M» ser B 1967--J&J 100 Light Co 1st extended 6 Ms 1950. _M&N Non-cum Inc deb 6s 1950-M&N f 106m 108 m 80 109 m 109 m 105 h J&D 110 109 J&D Edison 105m 108 MHo o 105 m £ OS x 8m 8% 108 m 111m Oklahoma Ry 1st & ref 5s Income 5s 1990 110 103 m '41 .J&J / iIIm Ontario Pow 5s '43 op to '13. F&A Ontario Transmission Co Ltd— 1st gu g 5s '45 opt 9m 9m 110 112 Ottawa El ser r Ottawa Light Heat & Power— Ref & coll tr 4s 1957 A&O 1st mtge 4s 1961. 1st mtge 3 Ms 1969 Ozark Power & lstsf 5s 1952 107 m 107m 1st & ref 6s ser O 1947 M&N 1st & ref 58 series D 1954 .J&D 107 m 107 Pennsylvania Co— Electric 1st & ref 4s 1971 ser F 1st & ref 58 ser H 1962 106 M&N A&O 108 Pennsylvania Gas & Elec Co— 1st I & ref 5Ms '55 ser A..M&S 1st L&Ry 5s 1958 M&8 mnsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A...M&S 98 m 95 62 Pennsylvania Pow & Light Co— 1st mtge 3 Ms 1969 F&A 4 Ms debentures 1974 F&A Penn Water 1st 3 Ms A '67..F&A Penn Wat Serv 5s ser 109 h 109 105 m 108 m 108 99 A '67-F&A Peoples Gas (N J) 1st 5s '68. J&D Ists f 5Ms 1960 J&D Peoples G & Fuel 6 Ms vrw'37 A&O People's G L & Coke. Chicago— 1st cons g 6s 1943-. -A&O Refunding gold 5s 1947..M&S 1st & ref 4s 1981 ser B.-..J&J 90m 93 m 23 m 113m 117M 103 1st & ref mtge 4s ser D '61 .J&D Mutual Fuel Gas g 5s' 47 M&N Peoples Light & Power Corp— 1st lien 5 Ms 1941 J&J Conv deb 5s 1979 J&J 103 % 116M 130 20 J&J 99 m J&D 1st lien coll 3-6s 1961 102 M Peoples Telep (Butler; Pa) 1960 Peoria Service Co— 1st s f 5s w J&D 1954 w 23 M&N M&N M&N F&A 1st consol 4s 1948 103 ~ ~ „ " Philadelphia Electric— 1st & ref mtge 3 Msl967--M&S 82" Philadelphia Electric Power Co— 55 103m 117m 101 mtge 5M» 1972 F&A Phila & Garretsford St Ry— 1st 5s 1955 F&A 98 J&J M&S 104 m 103 M&S 105 Water Co— 109M 113 62 m Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f„_F&A 103M 8 f guar 5s 1962 M&S 98 6s gold 1962 M&S 102 M I st m r e 6s 1944 J&J 102 m ♦Darby Media & Ches St Ry— 1st 4Ms 1936 J&J'/ 23 tHe8t Mantua & Fairm— | 1st extd 5Msl939 M&N/ 86 - 99 m 69 r 102 m 104 m 101m Philadelphia Company— Secured gold 5s 1967 106M J&D Ardmore Street 5s 1958..A&0 6 106 M Duquesne Lt 1st 3 Ms '65.J&D 22 Duquesne Trac 1st 5s '30 J&J Fort Pitt Traction 5s1938 7 Pittsb Rys 5s 1953. 88 A&O 2d Ave Tr 1st 5s 1934 J&D 14 So Trac 1 st & coll tr g 5s'50A&0 f 6 United Trac 5s 1997 ctfs.-J&J 1m West End Trac con 5s '38.J&J 20 71 Market Street Elev Pass Ry— 1st ggu 4s 1955 M&N 101M Traction— 1 Elec & Peo 4s tr ctfs '45 A&O / 13 Union i People's Traction Co— i P P Ry tr ctfs 4s '43.F&A1/ Union Traction 4s 1952.J&J ♦ 104 Co— 1st 51 Serial notes— 3-3 Ms 1941-1948 A&O Otter Tail Power Co (Minn)— 29 100 J&D Ry 4M» *48-'55.J&J 81 104m 100 m 49 m bef '16.M&N A 27 1 102 m Oregon Elec Ry 3s 1958 ....M&S Oregon-Washington Water Serv— 1st M 5s 1957 105 m a Deb g 6s 1950 ser A M&N Deb 5 Ms 1959 ser B F&A Penn Public Service Corp— ~ F&A A Apr 1 / Old Dominion Pow 5s May 15 '51 Omaha & Council Bluffs St Ry— 1st extd 4s 1947 J&J 40 105 M&N ^ ser II" Light & Power Co— ^ Oklahoma Gas & Electric— Adj Income 6s Jan 1 1965..Apr Bleeck St & F F 1st 4s '50.J&J / 103 Paterson Ry—See Pub Serv Corp Pecos Valley Gasext6Ms '44M&N Prior lien 5s 1948 1st con 5s 1948 1st & ref 5s 1950 99 m 96 m Ohio Valley Water 5s 1954 J&J Ohio Water Serv 1st 4s 1964. J&D 1st M 5s 1948 123 h .M&S Peoria Water Works Co— 1st mtge 4s, 1962 Not68 111 109 h 25 Elec & Peoples Tract—See Phila R T 125 110m New York Rys Corp— Prior lien 6s Gas Paterson & State Line Traction— 5s 1964 J&J 4s J&D A&O Deb g 6s 2024 NY & ER Gas 1st g 5s '44.. J&J Con 5s 1945 ..J&J N Y & Queens Elec Lt & Pow— 1st & cons M 3 Ms 1965.-M&N Passaic Peoples Light & Power Co— 106 M 108 4s 1945-1947 F&A Ohio Term (Cleve) 6s 1947._J&D 117m 146 m 121 & gold 5s 1949 Ref mtg&coll tr3j£s 1964 J&D Rel mtg & coll tr 3 Ms '70--J&J 101 F&A 1st mtge 3 Ms 1968 Ohio Public Service Co— OO consol Penn Water & Power Co— 104.8 M&S J&J 110 Paterson 110 111M 104m F&A 102 M 67 95 ....M&N 9m J&D 1st mtge 4s 1967 1st mtge 3 Ms 1972 Ohio Power Co— 104 m 103 m Pacific Power & Light Co— 1st M 5s 1955 F&A Penn-Jersey Water— 1st coll 5Ms 1960 8m 4m 105 17 m M&S 111 15 14 m Serv— 107 60 Northwestern Pub Serv Co— 1st M 5s ser A 1957 J&J 1st mtge 4s series A 1970--F&A N• western Telw 1«t 4 M* '44.J&J 106 102 Pub 1950 1st & ref 4 Ms 1977 1st 5s 1979 Ohio Edison Co— 110 New Amster Gas 5s 1948--J&J 108 M 101m (Loop) 5s g'45-A&0 M&N D 1965.A&O coll tr 4s 1949—F&A Ed El 111 N Y con g 5s '95 J&J 87 m 125 42 8M 107 m J&J 1942 Northwest Penn-Ohio 1st M 6 Ms 1936 with warr .J* D / Northwestern Elevated (Chic)— 1st mtge 5s 1941 opt M&S 1st & cons 4s 1965 1st lien & ref 3 Ms ser E'66 A&O N Y Gas Elec LH&P Co— 1st g 5s Dec. 1 1948 J&D mon 91m 112 m 103 100m 5s, Pacific Ref mtge 3 Ms ser O 1966-J&D Parr Shoals Pow 5s 1952 A&O Paterson Ext extd 5s 1950 J&D 111m 90 67 m 112 111m 110m 1st & ref M 3 Ms ser 11966. J&D Pacific Light & Power Co— Penn Central 8 f reg Income 3-6 Ms May 1 '69 N'west Cities Gas 6s 1949 J& Northwest Louisiana Gas— 105 m 1st & ref M 3 Ms ser H '61-J&D Pecos Valley Power & 128 M 126 80 Pacific Gas & Electric Co 1st & ref M 6s 1941 ser B.J&D 1st & ref M 4s serG 1964..J&D 103 mtge 3 Ms 1964 M&S Northern Texas Electric Co— Coll tr s f g 5s 1940 opt J&J Northern Utilities Co— 1st lien 4-6s 1968 M&N 1st M coll tr 5 Ms '53 ser A. J&J Consolidated 4 Ms 1954 J&J Newport Gas Lt 5s A 1961..J&D Newp News & Hamp Ry G & E— 120 46 J&J 1st 5s 1946-.J2&J Pacific Telephone & Telegraph— Ref mtgle3 Ms ser B1966. .A&O 110m 1956 Oberpfalz Elec 7* 1946 Ogden Gas 5s 1945. 40 48 106 m 106 Deb 5s 100m Pur 90 84 m Nova Scotia Light & Power Co— 1st M s f 4s 1957 J&D NY PA NJ Utilities- 106 105 m ser 102 . 107 m 55 4M8 series A 1959 1st & ref 5s 1952 series A..A&O 1st & ref 5s 1955series B__ J&D 5s stamped 1942 J&J 1st 1& ref 3 47 m Northwestern Utilities Ltd— 101 ser 104 m 3 1 Northwestern Power Co Ltd— 1st M s f conv 68 '60 ser A.J&J 107 m 104 1st mtge 5s 1958 ...J&J New Orleans City & Lake— 1st sf 5s 1943 J&' 1949 104 1st 3 Ms series A 1969 F&A Nor Indiana Telep 4 Ms '55.M&N Northern N Y Utilities Inc— 1st lien & ref 7s 1946 A M&N 1st lien & ref 6s 1947 B...M&N Northern Penna Power Co— 1st & ref 5s 1956 ser A J&D 1st & ref 5s 1962 A&O Northern States Power (Minn)— Union El cons Oonv deb 6s 1st 67 m 67 63 M&S Los Angeles Pacific RR— 1st & ref mtge 5s 1943-M&S 1st 103 m 1st & ref M 3 Ms 1967. F&A Northern States Power (Wis)— 25 25 m 34 110m 127 m 85 m 1st & ref 4 Ms D 1983 M&N N J & Hud Rlv Ry & Kerry— 1st gold 4s 1950 M&S N J Pow & Lt 1st 4M" '60..A&O Nov 27 103 Nor Conn Lt & Pr 5s 1946._J&D J&D New Mex Gas conv 5s 1951 M&N New Mexico Power— 104 m 105 m Northern Indiana Pub Serv— 69 f 4Mb 1956 New Haven Water— 1st & ref 4Mb o 1981 105m 105 Joint 1st mtge 4s ser A '42. J&J 116 Power— J&J 1sts 105m 104 h North Continent Utilities Cor >rp— 1st coll & ref 5 Ms *4fc -J&J North Penn Gas Co— 1st M & lien 5Ms 1957. M&N North Shore Gas Co of Illinois— 110 M&N M&N 45 60 F&A F&A 113m 5s 1942...J&J 1961 Los Angeles Pacific Co— 1st ref g 4s 1950 opt'15. Gen 42 F&A Nor Amer Gas & El 6s 1949..J&J North Amer Light & Power Co— S f deb 5 Ms 1956 J&J North Boston Ltg Properties 3MS secured notes 1947..-A&O North Carolina Gas 6s 48..M&N 108 Gas Elec Light H eat & Power Newark Cons Gas con 5s '48.J&D Newark Gas 6s Apr 1 1944._Q-J New England G & E Assoc— Deb g 5s 1947 M&S 111m 108 m North Texas Co 3-6s 1957—<tJ&J National Public Service Corp— Refunding 5s Redona Ry 1st 5s '42.M&N 111 4s debentures 1959 National Electric Power Co— 6s stamped 1978 Vs J&J / Nat Gas & El Corp 5s 1953.F&A 101m 5s series B 1947 102 m -J&D Nat L« & ow 6s 1949 M&N 70 National Power & Light— Deb 6s series A 2026 Deb 5s 2030 ser B See N Y Gas Elec Lt & Power 3Ms debentures 1954 Bid Bonds Calif Pac Ry 1st 5s 1941. _.T&J Los Angeles Hormosa Beach & Niagara Falls Power— 1st & ref 3 Ms 1966 M&S Niagara Lockport & Ont Power— 3 Ms debentures 1949.. 99 m 102 M 99 m North American Co— 26 m 110m Ask Pacific Elec Ry g 1st & ref 5s 1955 ser A A&O Nippon Elec Pow Ltd (Japan)— 1st mtge 6 Ms 1953 J&J Norf & Ports Bdge 6M« '47.-F&A 21 Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—See West Un Tel Narrangansett Electric Co— 1st mtge 3 Ms 1966 J&J Nashville Gas & Heating Co— 1st 5s 1951 M&N Nassau El RR—See Bklyn Queens Nassau & Suff Ltge 5s 1945..F&A Bid Ask 84 Bid Montreal Tramways— 1st & ref g 5s 1641 opt J& J Oen & ref 5s 1955 series A_ A&O Gen &ref 5s 1955 ser B A&O Gen &refs f 4 Ms *55 ser O A&O Gen & ref 5s 1955 ser D.A&O 18M 98M Exchanged for Phila. Trans. Co. 3-6s, 2039, under reorganization plan, t Exchanged for Phila. Trans. Co. 4s, 1969, under reorganization plan, t Exchanged for Phila. Trans. Co. 3-6s, 2039, and pref. stock under plan. a Called for redemption; see page 111. b Basis, e Ex-interest. /This price k Last sale, n Nominal, r Payable in Canadian funds. Includes accrued interest, Quotations for all securities are Bid Bonds Phlla Suburban Water Oo— 1st s f 4s 1905 M&S Phlla Transportation Co— Consol mtge 3-6s 2039 5754 62 65 --- 8854 J&J 49 Philippine Long Distance Tel— 1st s f 6s series A 1953 J&J 80 41 754 Hydro-El Co (Italy) 23 1st & ref s f 6 Ha I960 ser A A&O Pinellas Wat Oo 55*s 1959.M&S Pitts Oanonsburg & 2 10354 10454 22 107 / / Coke— J&J — Stamped.. gen 30 100 26 1950—J&J 454s 81 82 7754 10654 M 5s exten to 1950 J&J Portland (Me) RR 3Ks 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 Postal Teleg & Cable 5s '53.J&J Potomac Edison Co— 1st mtge 5s 1956 ser E—M&N 1st M 4 54 s 1961 series F—A&O Potomac Electric Power— 3 54s J&J 1960 power Corp of Canada Ltd— Conv deb 4 54s 1959 Ser B.M&S Conv deb 5s ser A 1957—J&D Power Secur coll tr 6s *49__J&p B1963 F&A Provincial Light Heat & Power— Providence Gas 4s ser 93 101 79 65 1854 1st mtge 3 Ks 1964 4s s f debs 1949 109 108 H Southern 100 54 8854 8954 4 Ha 1962 A&O Southern Cities Utilities Co— 92 10954 J&D 106 13054 10954 10954 10954 10754 101 1 1941 10454 a M&S 109 101 18 22 54 137 ser 15854 95 8154 100 10654 10954 106 10754 72 8154 M&S 99 103 6 98 100 100 78 58 10054 103 14754 217 220 89 68 8 80 10654 99 6954 112 54 8954 .J&D 7454 Called for redemption• seepage 111. 71 7154 8654 IV* 73 74 10254 48 5054 70 2754 10654 10754 J&J —..J&J 5s 1942-1946 Sioux City (la) Serv 6sl951.J&J Somerset Un & Middlesex Ltg— 4s Dec 1, 1943 J&D Water— M&N 71 §6"~ South Carolina Power Oo— 1st lien & ref 5s 1957—J&J e Ex-coupon. 71 7054 71 F&A J&D 8054 1st lien 6s series A 1948 ser B 7054 7054 7054 80 82 Standard Telephone Oo— 1st 1 coll tr 554s '43 ser A.M&N / 103 Certificates of deposit / 103 Conv deb 6s 1938 M&N / 13 Stettin Pub Utll 7s 1946 A&O / 2654 Weir ton Ry 1st 5s 1951 A&O / 17 11754 Syracuse Gas g 5s 1946 J&J 127 Syracuse Lighting 5s g 1951-J&D Syrac Rap Tr 1st g 5s 1946-M&S / 2654 2nd mortgage 5s 1930 J&J / 754 / 3854 Syracuse Transit 4s 1969 Taiwan El Pow s f 554s 1971-J&J 3954 10054 Tampa (Fla) Gas 554s '56 A&O 11854 40"" 4154 10054 A&O 95 98 Telephone Bond & Share Oo— Deb 5s 1958 J&D 78 79 98 99 1st 5s 1961 1953 M&N Temescal Water 1st 5s A *60 M&N Tennessee Eastern Elec Co—■ 1st M 5s 1943 F&A Ref s f 6s series A 1955—M&N 75 10254 80 103 Cor P /This price includes accrued 100 102 99 2654 2954 1st con M g 5s 1944 M&N 11154 Texarkana Wat 1st 5s '58 F&A 10554 Texas Elec Ry 5s 1947-J&J / 6 Tex Trac 1st 5s 1937 opt J&J / 6 Texas Electric Service Oo— 1st mtge 5s 1900 J&J 10654 Texas Gas Utilities Oo— 1st 2-6s 1951 ..M&S / 27 11254 Texas Pow Corp 6s 1958 General 654s 1956 105 South Jer G E & T—See Pub Serv ice b Basis, 7054 F&A Standard Public Service Corp— 1957. Texas Hydro Electric Corp— 1st mtge 6s ser A 1956 A&O South Bay Consolidated 1st ref 5s 1950 7654 51 71 J&D Terni Hydro Elec 854s 1953.F&A Terre Haute Traction & Light— 105 103 g 10454 . May 1 *48—A&O May 1 *48--A&O 1951 F&A 5s Serial debentures— 10154 10054 9954 106 Telephone Service (Ohio)— M&S M&S Silesia Elec Corp ■ f 6 54s'46 .F&A Sioux City Gas & Electric Co— 1st mtge 4s 1966 J&J 1st & ref 5s 1960 ser A 1st 5V4s ser B 1957 Mtge M&S Queensboro Gas & El 5s '52.J&J Conv g dsb 5 Ha '52 ser A.A&O Republic Service Corp— w* 86 85 3s 1941 10154 10054 8554 Shinyetsu Elec Pow (Japan) 1st sink fund 654s 1952—J&D Shrevp't Bdge & Term 5s'55.F&A 9754 73 11054 Steuben ville Wellsburg & 6 79 f Gen Income 4s (w-s) 1957-A&O Sierra Pacific Power Co— 152 10854 8354 8354 7154 7154 7154 7154 6s stmp ext Debenture 6s 1st lien 6s 1948 104 Shreveport Rys— 112 §754 64 A&O 1961 82 70 Springfield (Mo) Gas & Elec Oo— 104 1st mtge 5s 1957 ser A J&D Springfield (Mass) St Ry— Ref & gen 6s 1940... M&S / 49 126 Stamford Water 1st 5s 1952 J&J Deb g 6s 10354 Shawinlgan Water & Power Oo— 1st M&col s f 454s'67 ser A A&O 1st cofl tr 454s8er D '70.A&O 1st coll tr 4s ser F 1901 A&O 1st coll tr 4s ser G 1969--J&D Conv coll sec 3H s 1946._M&N Shenango Valley Water— 4s series B 7954 110 A&O Debenture 6s 1966 Seconu Ave Trac—See Phlla Go128 8254 6s gold debs 1957 F&A Standard Power & Light Corp— 10054 105 A...F&A 1st & ref 5s series B1961.F&A Scrdnton Trans ser A 5s*59.A&0 4s series B1959 A&O Income 3sApr 1 1959.. M&N Seattle Gas 1st 5s 1954 A&O Seattle Lighting Oolst 5s 1944 Telep Co— M&S Convertible notes— 74 Brook Water Serv— ser States 1948. Standard Gas & Elec of Del.— 10854 M&S 1st 454s 1958 6s 6s stmp ext 1947 QJ F 1955.M&S Scran to n-Spg 7954 108 M Springfield City Water— Scranton Gas & Water Oo— 95 10254 10554 __ 159 91 91 104 10154 Light & Pow Co— 1st mtge 4s ser A 1956 D 1st & ref 5s 1967 109 M&S 1968--J&J Co— 1970._F&A 1st 6s 1949-_ Spokane Gas & Fuel 5s 1944.F&A Spring Brook Water Supply— 1st ref 5a 1965-—A&O Spring Val Util ref 6sl943..J&D 105 Sayre (Pa) Elec 5s 1947 A&O 10554 Schenectady Ry 1st 5s Mar 1, '46 / 4 54 Scioto Val Ry & Pr 1st 6s '43.J&D 95 105 10954 108 1st Serial notes— 10654 Power— 1st & coll 4sl902— A&O 1st mtge 4s 1963 1st mtge 3548 1970-- 10454 10454 10554 10554 . 106 106 106 11054 10854 Southwestern 103 103 103 Savannah Electric & Power Co— _ Canadian funds. 101 72 _ 1st ooll trust 5s 100 1st & ref M 5s 74 10954 1st & ref M 3s ser O Deb g 6s 2022 series A 112 F&A F&A 6s 1943 F&A San Angelo Telep 1st 5s 1958 F&A ser 10 74 112 1st mtge 354s ser A 1969..J&D Southwestern Power & Light— 10954 M&S Assn 6s 1941 is 7254 7254 9354 5954 110 Southwestern Light— 102 1st & ret 100 1st mtge 3 54s ser A . 100 F&A Southwestern Gas & Elec Ry debenture 454s 1943..J&D Savannah Elec Oo 1st 5s '52. J&J 10054 10154 10054 48 54 102 Southwestern Public Service Co— 1st M s f 6s 1945 ser A J&J 74 104 106 103 / 1st 6s series 12 1st mtge 354» ser A 1961--J&D Santa Barb Tel 3 54» ser C66 J &J Sandwich Windsor & Amherstb'g 103 100 96 Gas Co— Non-cum 6s (ws) 1951 Southside Va Pow 5s 1958 San Jose Water Works— 105 104 Southern United 9754 94 54 A&O A&O A&O B 1947 M&S 1st 6s series C 1947 J&D Southwestern Bell Telephone— 1st & ref M 354s ser B '64.J&D 104 104 f 6s 1942 Southwest Telephone Co— 10354 1 1945. s 9154 1045 1 1944. 10-year coll 5EM 103 10554 126"" Southern Utah Power Oo— 1st M 554s May 1. 1960.-M&S 71 4s iSSB Puget Sound Power & Light— 1st & ref 554s 1949 J&D 1st & ref 5s 1950 ser O M&N 1st & ref 4 Ha 1950 ser D.J&D n» San Antonio Public Service— 105 107"" 124 a S'west Nat Gas inc 6s 1966 A&O S'west Pub Serv 654s 1937--M&S / 1035 105 62 10054 10654 10054 Southwest Gas Oo (Okla)— 1st s f 6s 1954 M&N Apr 15 1941 8an Francisco Bay Toll Bridge—_ 1st M sink fund 654® '57-M&N Deb s f 7s 1942 M&N San Joaquin Lt & Power Corp— Unlf & ref 6s 1952 ser B..M&S 105 105 Sept 1 1945. Mar 1 1946. Sept 1 1946. Mar 1 1947. Sept 1 1947. Mar 1 1948. 3 Ha Sept 11948 354s Mar 1 1949 3 Ha Sept 1 1949 Public Service Co of N H— 1st mtge 3 54■ ser O 1960--F&A 1st mtge 3 54® ser D '60--M&N 1st 3 54s soles E 1961 F&A 1st 314s series F 1966 J&D Public Service Corp of N J— Trust certs 6% perpet—M&N Camden Sub 1st 5s 1946.J&J Ell* Plainf & Cent Jersey Ry— 1st g 5s Dec 1, 1950—J&J Ell* & Rarltan Riv 5s '54-M&N Elizabeth & Trent 5s '62-A&0 J O Hob & Pat 4s 1949-— M&N Paterson Ry— 2d 6s *14 ext 5% to *44.A&O So Jersey Gas El & Trac— Guar g 5s Marchl,1953.M&S Public Service Co of Nor 111— 1st mtge 3 54® 1968 A&O Public Service Co or Oklahoma— 1st mtge 4s ser A 1966 7&A Public Service Co of Pa— 1st lien & coll 514® '53—J&D Pub Serv Coordinated Transport 1st & ref 4s 1990----J&J 1st & ref 5s 1990 J&J 1st & ref 5548 1990--——.J&J 1st & ref 6s 1990 J&J Public Service Elec & Das Oo— 1st & ref M 3 54s 1968 J&J 1st & ref 5s 2037 J&J 1st & ref 8s 2037 J&D Public Utilities Consol Corp— 1st M 5 Ha 1948 M&S 1st coll 4-554* 1948 A&O Puerto Rico El Pow 4s to '56.J&J 1st & ref 5 54s series 11945 1st & ref inc 5 54s ser II'45 10854 A&O F&A Salt River Valley Water Users 10454 10554 10454 57 Southern Traction—See Phlla Co Southern Union Gas— 48 15 1964._ Gen gold 5s 1944 Salmon River Power— 1025 103 354 s 3 Ha 3',U s 54 354s 354s 354s 65 56 106 10354 5s '53. CorpAdj mtge inc Jan 1 6s '60 A&O 1st M pipe line s f 4 54s *51 A&O Southern Nob Pow 5 54s B'47 J&J South N E Telep 1st 5s 1948.J&D Southern G & E (Fla) Southern Natural Gas 6s 1942 10754 5454 105 1st g 6s 1947 series A J&J Southern Counties Gas (Calif) 1st M 454s 1968 M&N 691 121 Guar 5s 1952 10954 10654 76 A&O 1st lien & coll 5s 1958 86 6854 M&S 454s series B 1970 50 10754 Southern Colorado Power Co— 105 St. Maurice Power— 8t Paul Gas 10454 10754 10654 1951-A&O 1st mtge 5s 1959 Conv n-c inc 4s May 102 10754 1 1st mtge. 354s, 1970 Southern Canada Power— St Louis Public Service— 106 H 10454 10654 California Gas Oo— 93 103 454s Jan 1 1943 St Joseph Water 4s A 1966..A&O 72 105 10054 10254 Jan 1 1942... St Louis Co Gas 1st 5s 72 70 54 May 1 1960.J&J 92 debentures— 4s a Ref mtge 354®®er B I960.1 st & ref mtge 3s 1965 3) _ 35*s Jan 1 1941 M a Ref mtge 3 54® 105 101 M&S 112 1941 10554 Corp— 11054 10954 J&D Public Service Co of Indiana—_ 1st mtge 48 ser A 1909 M&S Serial debentures— 19 x-w Southern California Edison— S f Serial 111 5s 1916M&S Prussian Elec 6s 1954 ?&££ 26 48 Public Gas &Coke 5s 1952.-J&D / Public Service Oo of Colorado—- Quebec 10954 10754 27 27 454*5 100 A notes 1958.M&S'/ 62 43 S f 454s inc B notes 1958.M&S/ Rome (Ga) Ry & L 5s '46 A&O' 105 27 Ruhr Gas Corp 654s *53 A-.A&O Safe Harbor Water Pow Corp— 10754 1st mtge s f 4 Ha 1979 J&D 87 Saguenay Power 454s A 1966 A&O 73 1st 454s series B 1966 A&O St Clair County (111) Gas & El— 120 1st cons guar 5s 1959 M&S St Joseph Ry, Lt Heat & Power— 10354 1st mtge 454s 1947 J&D 77 H 106 3 54 s Sept 3 Ha Mar Southern Bell Telep & Teleg— 3 54® debentures 1962 A&O 3s debentures 1979 -J&J 84 „ (S 2854 3054 2754 Rochester & Lake Ontario Water Portland(Me) Gas L 5s A*50 A&O Portland General Eletric Co— 1st & ref 4^s I960 M&S ' 6454 11054 27 1st lien 6s Rochester 103" 354s Mar S'eastern P & L deb 6s 2025.M&S 1854 102 mtge 33 93 Transit J&D J&D 1st lien 68 1944 27 1754 106 1st 2754 J&J'/ 93 H 1951.F&A Portland Gas Oo 1st 5s 1st Southeastern Gas & Water Co— Rhine-Westphalia El Pr (Germ'y)| Mtge g 7s 1950 M&N/ Direct mtge 6s 1952-.—M&N/ Con mtge 6s 1953 F&A / Cons 68 1955-—A&O / Richmond (Ind) W W Corp— 1st M 5s 1957 -M&N Richmond (S I) Lt & RR— 1st coll tr t 4s 1952 J&J Rio Grande Valley Gas Co— 1st mtge 5a 1950 A&O Roanoke (Va) Gas Light— 1st 554s 1951 F&A Roanoke Ry & El 5s 1953.-F&A Rochester Central Power Corp— Deb g 5s 1953 M&S Rochester Gas & Elec Corp— Gen mtge 4 Ha 1977ser D.M&S Gen 354s series H 1967.. M&S Gen mtge 354® ser I 1967.M&S Gen mtge 3 54s ser J 1969.M&S Extend 5s 1951 Bid Bonds Ask Union— 8354 Portland (Ore) Gas & 1st & ref g 5s 1940 1st l'n 854 101 Wash 5s 1937 Pittsburgh Rys—See Phlla Co Pittsburgh Suburban Water Serv 1st I & ref 5s 1958 M&S Pittsburgh Trac 1st 5s 1927-A&O Plainfield-CTn Wat 5s A 'Bl.M&M Platte Val Tel 1st 454s '58.-M&N Pomerania Elec 6s 1953 M&N Portland Elec Pow 6s 1950-M&S Bid Bonds Rhine-Ruhr Wat Serv Ettl deb 6s 1953.. 58 Phlla & West Chester Traction— 1st 4s 1954 J&J 1st 6s 1954 J&J Phlla & Western Ry 5s 1960-J&J as near as Ask 107 J&J Scrip 1st & ret 4s 1969 marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of Issue bond prices are "and interest" except where NOTICE—All Piedmont 77 PUBLIC UTILITY BONDS Dec., 1940] Texas Power & LightDeb g 6s 2022 ser A 1st & ref 5s 1956 M&S M&S J&J M&N 81 A Last sale, n Nominal, 3054 84 10054 95 11854 10754 Texas Pub Serv 1st 5s (w-s) 1961. 10254 Texas Traction Oo 5s 1937 J&J / 1 interest. 10754 120 10754 10354 r Payable in 78 PUBLIC UTILITY BONDS NOTICE—-All bond prices arc "and interest" except where marked "f" and In com - and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds 5 Third Avenue Ry (New York)—1st ref g 4s 1960 opt aft'14 J&J 188 5s Jan 1960 opt—A&O f Third Ave RR lst5sgr37—J&J / 101% 82 Union Ry 1st 5s g 1942--F&A 70 Westchester El 1st 5s g '43-J&J 50 Yonkers Ry 1st 5s 1946—A&O Tide Water Power 1st 5s '79-F&A 98% Toho Electric Power (Japan)— 64 1st s f 7s 1955 ser A—M&S15 Tokyo Elec Light Go (Japan)— 45% 1st g 6s 1953 series—.J&Dl 6 109 Toledo Edison 3%" 1968— -J&J 108 1st mtge 3%s 1970 A&O 102 % 3%ssf debs 1960 ---A&O 73 % Traction Term'l Corp 5s '57--J&J 122% Trenton G & El g 5s 1949—M&S 43 Trenton St Ry ext 5s 1968—J&J / 103 Tri-County Telep 4%s B *56 A&O 2% Troy City Ry 1st cons 5s '42 A&O / Adj inc g Twin City Rapid Transit Co— Ask 59% 20% 105 98% 67 46 103% 1st mtge 3%s ser A 1969.M&N West Virginia Ohio River Bridge 3 %-6%s, I960 J&J 75 West 60% 59 27% 30 73% 108% 102% 63 63 74% 80 24% 75 91 108% 85% 118% 86 94 1934—.J&J/ City & Sub Pub Serv 5s '34.J&J / United Securities Co Ltd—_ Coll s f 5%s ser A 1952—M&N Coll s f 5%s ser B 1952—M&N United Telep Del 6s A 1948 A&O United Tel & Tel 6%s A '53.M&N 9 40 35 42 42 43% 43% 98 — — it* , ■88 II* Certificates of deposit.... Waukesha Gas & Electric Co— 1st 5s 1959—— J&J West Canadian Hydro-Electric— 1st 6s ser A 1950 J&J Oonv deb 6%s 1945 J&J West Coast Telep 1st 4s '64.M&S • No par value, a 9% 122 82 115% 111 109% 90 109 109% 82 Water Service— Gen mtge 3%s gtd 1967 Westchester Service Corp— J&J 107% M&N 1st 5s series B 1950...— .J&J Deb s f 6s extd 1950. M&N Western Public Service Co— 1st & ref 5%s 1960 F&A Western Union Telegraph— 5 2% 107 102% 3 1% 105 pref...100 Atlantic City Elec 8o pref » Bait Transit Co v t c » Preferred v t c u..... 100 122% 25c 2.30 Bangor Hydro Elec com —25 7% preferred.—.— ...100 6% preferred 100 Bear Mt Hudson River Bdge—* 22 138 112 5 .* com 109 157% 119 Bridgeport Gas Light * Bridgeport Hydraulic Co 20 Brit Col Pow Corp A———.. * 37 105 103 104 102 Class B Brockton Gas Light Co v c c 52 53% 39 110% 65 108 107% 106% 116 31% 3% 34 17% • 5% 160 5% 114% 66% 2% , __* Certificates of deposit.....* Bklyn & Queens Transit com * $6 preferred— * $1.60 prior preferred. .; $5 1st preferred Oable & Wireless Ltd— 101 73 4% 50% 26 100 Certificates of deposit—..* Bklyn Teleg & Mess'ger (gu)-100 Brooklyn Union Gas • Buffalo Niagara & East Power— 67 56 84% * Brooklyn Edison Bklyn Manhat Transit 86 preferred series A 103% 25 * a "20% 70 13 20% 98% Ordinary shares J&D 107% 4s June 1 1941 Wisconsin Public Service Corp— 1st mtge 4s 1961 J&D 108 101% 109% Wolverine Pow adj 4 %s Mar 1 *59 Worcester Transit Association— Cum income 6s 1952 J&D 42 Cum income 6s (w s) 1952. J&D 109% 43% 78 Wuerttemberg (Germany)—See Consol Hydro-Elec of Wyoming Vail P 8 6s 1971—A&O / Yonkers Ry—See Third Ave Ry Amer dep rec 7%% A ord—£1 Amer dep rec B ord —_£1 Amer dep rets 5%% pref—£1 Oallf-Oregon Power Co— 6% preferred series of 1927-100 c* 10 3c % _ 84 6 % preferred .100 Oalif Water Serv 6% pref—25 Calif Water & Telep 6 %_pref 25 89% 89% 26 25% Camden & Rockland water..100 6% preferred 100 15 12 100% 125% 99% J&D /100% 5s stamped 1947 13 14 45 105 4s,ser A 1966 3% 26% 27% 101 1st mtge • Boston Edison Co com 25 Boston Elevated Ry com....100 Brazilian Tr Lt & Pow ord * 74 76% 82% J&J % 84 102% 1st M 5s 1960 ser O— 1st mtge 3%s 1961 Wisconsin Power & Light— % Beverly Gas & Elec 25 Biddeford & Saco Water 100 Birmingham Elec 87 pref * 86 preferred* Birmingham Gas common....-.2 $3.50 prior preferred.. ..50 Birmingham Water Works— 6% preferred 100 Blackstone Vai Gas & El pref. 100 78 37% 109% % * ...... 93 73 -.M&S F&A M&N Williamsport Water Co¬ urt M 5s Aug 1952ser A...F&A Winnipeg Electric Co— Gen 4-5s series A 1965 J&J Gen inc 4-5s ser B 1965...J&J Wise Elec Power 3%s 1968.A&O Wise Fuel & Lt 1st 5s 1948..M&N Wisconsin Gas & Electric— 1st mtge 3%s 1966 A&O Wisconsin Hydro-Electric Co— 1st M 5s 1947 A&O Wisconsin Michigan Power Co— 2 100 100% Canada Nor Pow com Canadian Marconi 1 Capital Transit (Wash. D C) 100 Carolina Pow & Light 87 pref —* $6 preferred. * Carolina Tel & Tel ..—.100 Casco Bay Lt & Water 100 9 16)t m 157 6% preferred PUBLIC UTILITY STOCKS. Alabama Power $7 pref 104% 103% 105 103 6 132" 102% 92% * $6 preferred ♦ $5 preferred .* Alabama Water Service 6% pref.* Allegheny Traction—See Phlla Co Allentown Beth Gas pref 50 Amer Cable & Radio Corp Amer & Foreign Pow com $7 preferred. 4% 15 110% * 3% 12% 13"^ 27 28 com 6% preferred. —.—25 Amer Power & Light com * 48 2% 48% Cent & 8 W Util com————60c Preferred ...——..* 41 41% pref...100 93 95 Prior lien preferred... * Central States Edison——.* Central States Pow & L 87 pf--* Cent Vermont Pub Serv 6% pf-* Central West Co. v t c——....5 Chic City & Con com part ctfii—* Pref partic ctfs. ._* Chicago Rys partic ctfii ser 1—100 102% 2% American Service $3 preferred—* Z/ 50c 74, 19 Amer States Utility com 1 5% % preferred 25 Amer Superpower Corp com....* First 86 preferred-..———* 2% 17 % 58% Preferred 86 series * American Telep & Teleg ..100 Amer Utilities Service com.. * 8 .._..— 166% 97 10% 10% 6% preferred.... 10 6% 7 112 — Arkansas Nat Gas common...__ Class A—......—..——* 18c 97% 112% 110 * Edison com * Arizona Power 86 preferred——* Arkansas Missouri Power— Arizona Common............—....1 6% preferred 50 ~ 2% 17% %8 59% 8% 166% 5% 6% —...... 6% preferred.. 20 8c 0% preferred.. ..25 Amer Wat Wks & Elec com.....* 86 1st preferred ...» Appalachian El Pow 7% pref -_* 111 114% 3% * .* $5 preferredAmer Public Serv 7% Amer Railways com 110% 12% % 29 W arrants 103 104 53 4%% preferred * 100 Cent Illinois Light 4% % pref. 100 Cent 111 Pub Serv $6 pref. * Cent Indiana Gas 6%% pref. 100 Cent Indiana Power 7% pref 100 Central Maine Pow 86 pref— -100 Waction"Il25 Amer Gas & Power 114 100 S6 preferred. 94 94 93 3 —100 Central Arizona Lt & Power Co— $6 preferred $7 preferred ...» Cent Arkan Pub Serv Corp pf 100 Central Elec and Tel com 1 6%preferred 50 Cent Hud G & El com....... * 6% preferred..—......100 $7 preferred 100 5% preferred 50 Central N Y Power Corp— 5% preferred .....100 Cent Ohio Lt & Pow 6% pf » Central Pow & Light 7% pref 100 6% preferred 100 preferred American Light& 102% 15 14% 2% 11% % 28% » .116 Amer Gas & Elec com.— cum 1% 1% 1 —* §7 second 2nd pref series A—* §6 cum pref * 4% % 104 59% 1% yy 2,frftnt8 103 83 81 101 1 —— 104% 112 7 75% 7% 77 Series 2 Series 3 8eries 4.—. x 8% 48 1% 2 2 2% 8% 8% 1.05 13% 115 113% 89% 75 80 103 103 112% 45% 99 117% 105% 40 106% 7 105 1% % Cincinnati Gas & Elec 5% pf 100 Cincinnati Street Ry —50 Oincin & Suburb Bell Telep 50 Preferred Preferred B Preferred BB $7 preferred Citizens Gas Fuel 9 49 104 -46% 100 —.100 10 —100 * ..* Cities Serv Pr & Lt 86 pref * 107 109 100 Cities Service com....... * ..* * Citizens' Pass Ry—See Phila R T Citizens Traction—See Phila Co Citizens Utilities com ........1 com 1% 80 100 Called for redemption; see page 111. 6 Basis. /Flat Price, ft Last sale. » Nominal, r Canadian price. % 15c % Bell Telephone (Canada) 100 Canadian Price Bell Telep of Pa 6%% pref-.100 101 101 1 * • Beauharnois Power 75% 101% Wheeling (W Va) Electric Co— 1st M 5s 1941 opt M&N 20c % Telep Co Ltd 81.25 pf * Assoc Telep & Teleg 86 pref * 87 1st preferred— 100 $4 preferred * Class A 110% 77 Fdg & R E M 4%s g *50—M&N 25-year g 5s 1951— J&D 30-year 5s Mar 1 1960 M&S Mut Un 6s e*t at 5%to'4lM&N Western Utilities Corp— 15-year s f 6s 1952—....M&N 5c 10c Assoc 109 127% 109% 101% 90 82 ' .... Atlanta Gas Light 6% 4s 1948-1953. 2 -..A&O / Western Cont Util 6s 1944—M&S / 1% 106 Western N Y Utilities 5s '46. J&D Western N Y Water Co— 104 1st M 5%s 1950— M&N 1st M 5s 1951 $5 preferred 86 preferred 86% preferred 87 preferred Associated General Utilitiessee Investing Companies Associated Public Utility Ask 80 — 77 York (Pa) Gas 1st 5s 1941-M&N York Haven Wat&P 1st 5s'51 J&D York Rys 1st M? 5s '37 opt.J&D 101 M&N 1st lien 6s ser Bt 1953. 1953 102 United Traction (Albany)— Con g 4%s 2004 J&D / 4% Unit Trac (Pgh)—See Phlla Co Unterelbe Power & Light Co— Sink fd M 6s 1953 A&O / 26 Upper Mich Pow & Light— 1st mtge 4s ser A 1959 101 F&A Utah Lt & Tr 1st 5s 1944 A. .A&O 104% Utah Power & Light Co— Deb 6s May 1 2022.—M&N 102% 1st lien gen M 5s 1944—F&A 104% 1st lien & gen M 4%s 1944.F&A 101% Utlca Belt Line Street Ry— 1st 5s 1939 M&N f Utlca El L & P 1st 5s 1950—-J&J 123 Utlca G & El ref & ext 5s '57 J&J 131 Co Bldg (Kanata Realty)— 5s 1956 F&A 101 Utica & Mohawk Valley Ry— 1st 4%s 1941 M&S Vermont Ltg Corp 1st 5s*44 A&O Vesten Elec Ry 7s 1947 J&D 26 Virginia Electric & Power— 1st & ref M 3%s B 1968—M&S 109% Virginia Public Service Co— 1st & ref 5%s 1946 ser A..F&A 102 1st & ref 5s 1950 ser B J&D 102% 1st & ref 6s ser O 1952....M&S 103 Deb s f 6s 1946 F&A 101% Washington Gas & Electric Co— 1st s f 5%s 1947 1.F&A 1st M 5%s 1953— .J&J 1st M 5s 1955 —..M&N 1st lien & ref 6s w w I960.F&A Washington Gas Lt 5s '60..M&N 128 Washington Ry & Elec CoConsolidated 4s 1951 J&D 109 Anacost & Pot 5s 1949 A&O 106 1st guar 5s 1949 ..A&O 111% City & Sub 5s g 1948 F&A 105 Washington Water Power Co— 1st mtge 3%s 1964 ...J&D 109 Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 —J&J 9% 114% 110% 108% 116% 1 87% .... Serial debentures— 104% 103% United Rys of St Louis—/ Gen g 4s July 1 108 Wichita Water 6s 1949 1st M 5s 1956 ser B 104% 40 8 106% Arkansas Pow & Lt 87 pref * 6% preferred .* Associated Gas & Elec com ....] Common class A .1 Original preferred 84 preferred 103 103% Wat 5s '52..J&D Westphalia United El Pr (Germ) 1st M s f 6s 1953 — J&J / __ United Railways of Havana— Eq 7%s Feb 15 1936 F&A / 101 Bid Stocks Westmoreland _ 102% Virginia 1st mtge 4s 1961 A&O Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s *50.-J&D ^ Oonv coll tr 5 %s B 1960—J&J United Rys Cos 4% ctfs '49. J&J Ask West Texas Utilities Co— 57 ... 3%s 1956 A&O 2d extended 5%s 1956...M&N 109% 59 % 104 1st 1 & ref 5%s 1945 Ser A.M&S Tyrol Hydro-Electric Pow Co— 1st Ms f 7%s 1955 M&N/ Guar s f 7s 1952 —F&A / Ujlgawa Elec Power (Japan)— 1st M b f 7s 1945 M&S15 71 Union Electric Co of Missouri— 1st mtge & coll tr 3 %s 1962 J&J 108 8% notes,1942.. J&J 101% Union Elev KR—See N W Elev Union Gas Co. of Canada— 1st serial 4s 1940-42. J&D 61 1st serial 4%s 1943-45 J&D 61 1st 4%s 1950 J&D 71% Union Gas System— 1st M & coll s f 5s 1948-..J&D 72% Union Passenger Railway— 1st 4s Miur 31 1961 A&O 78 2d ext 4s Mar 31 I960 A&O 76 Union Ry—See Third Ave Ry Union Traction—See Phlla R T Union Water Service Co— First lien 5%s '51 ser A.M&N 103 Unit Elec Co of N J 4s '49—J&D 118 United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A._ 100 Gen ref M 4s Jan 1951 ser B._ 92 United Electric Service (Italy)— Extl 1st s f 7s 1956 ser A—J&D 20 United Gas & Fuel (Hamilton)— 1st s f 5%s 1948 ....J&J 73 United Light & Power Co—„ Deb g 6%s 1974 .M&N 90 1st 1 & consol 5%s 1959—A&O 107% Deb g 6s 1975— ..M&N 85 United Lt&Rys(Me)6s A'52 A&O 118% Deb 6s 1973 J&J 84% Un Lt Rys (Del) deb 5%s.52 F&A 93% United Public Utilities Corp— Oonv coll tr 6s A 1960 J&J 103% West Philadelphia Pass Ry— 1st ext _ 1st lien&ref5%s A 1952—J&D 1st lien & ref 5 %s B J952 .J&J Twin States Gas & Electric—■ Bid Bonds West End St Ry—See Boston El West End Trac—See Phlla Co West Ohio Gas 1st s f 5s 1958J&J West Perm Elec deb 5s 2030. A&O West Penn Power— 1st M 5s 1963 series E M&S 1st M 3%s ser I 1966..... J&J 1st M 3s ser K 1970 M&S West Penn Tr 1st 5s I960..J&D Ex-dividend. 34 dec., 1940] Par Stocks ^ Cleve Elec Ilium $4.50 preferred Cleveland Kail way 25 26 27% 4% 77% 28% . 116 28% 115% 28% Commonwealt b & Sou Corp com * % 1 Optional warrants 382 $6 preferred Commonwealth Tel (Pa) 7% pf 20 Commonwealth Utility 633 % pf-* 55*« 54 6 100 Commonwealth Water Co— 100 106 Commonwealth Water St Light— n * ...10 . First preferred H% 104 n 107 1033 9 IUi« 46% 23% Community Pub Ser com ..25 Community Water derv com.. 7% preferred Concord Elec Co 6% pref—^.100 118 * 43 Conn Gas & Coke Sec pref Common • 35 39 Connecticut Light & Power * 56* 58" Cons Edison Co of N Y 70% 22 10533 "l% 29 31 151 154 10733 10533 * com 10933 10633 9333 9133 1 5 1 — » 1 «• «* 6% preferred.. _.__.* Danbury & Bethel G St E pf 25 Dayton Pow & Lt 433% pref.100 Denver Tramway com * 115 117 27 * * 100 333 175 3% 6% common..... 70c 75c' 73 10 1233 2 1% 17 14 2 90 94 19 22 25k 4 3% 4% 64% 65 56 57% 4% 3% 74% 6% preferred.............100 8% preferred 100 Elec Power & Light Corp * $7 preferred * $6 preferred * 2d pref series A * Optional warrants El Paso Electric Co (Del) Preferred series A 7% 100 El Paso Nat Gas com...... 3 7% Preferred 100 4% 120 4% 3IS 31 2633 12% lk 99 27% 14 2 101 60 ElUabethtown Water Com...100 Elizabeth Consol Gas 100 113 118 214 218 76 Federal Light & Tr com 15 Preferred ($0) * Federal Power St Light com...60 Without par value, dh o 5 633 40 88% 52 Phila 5?7 R T 56 21% 12 98% 22] 12; 102 100 Michigan Consol Gas Michigan Public Service 6% preferred 4 8 108 110 * 1433 55" 5 — 1334 50" 533 %6 3% 333 333 33 33 _* Convertible pref A Midland Util 7% prior lien.. J00 prior lien 100 7% preierred class A .100 0% preferred class A 100 Minnesota Pow & Lt 7% pref 100 $0 cum preferred * 0% 1433 110 110 Montana Dakota Utilities 100 Units. International Ry v t c Internat Teleg of Me (gu) .100 100 International Telep & Teleg * Foreign share ctfs * International 108 % 4 21 1093| 2% 3 2 2 5% 36 74 3% 85 633 3733 90 6 4% 20 * * * Investors Telephone com Iowa Electric Co— 233 $3 1 10 Class A 1% 50 100 25 2k 3% 27 preferred 50 10 * conv $0 preferred * 1st pref 100 0% preferred 100 Nevada-Calif Electric com—..10 Preferred 100 New Bedford Gas & Edison Lt.25 Nebraska Power 7% "433 * 16 1733 100 31 33 100 33 35 71 74 81 73 New Eng Pow Assn com 100 100 7% pref—-100 * Iowa Pub Serv $0 pref 6% % preferred $7 preferred * 10333 104 15 - Iowa Southern UtilitiesCommon * 0% arrearcertificates———100 6%% arrear certificates 100 7% arrear certificates 100 Italian Superpower— See Investing Companies. Jamaica Pub Service Ltd Preferred 3 1233 1433 15 |7 preferred ——— $6 preferred. $0 prior pref it* * * * New England Tel St Tel——100 — New Haven Water 16 New 18 New Jersey Water pref New Mexico Gas com 50 Jersey Pow St Lt $0 pref—* 6% preferred—— 116 103 7 28% 7 33 8833 9833 107 2033 4633 135 56 Canadian price. I New stock. 10833 2033 50 5k 17 4833 13633 5633 22 1533 9Q 4333 Nov. 19 4% 433 7 8733 115 "l" 31 67 20 733 54 18 141 66* 833 733 6333 12233 8033 11133 103 —-5 5 46 34 r 833 8933 100 ll'k 10733 Nominal, 30 28 1333 32 96 81 11633 10333 733 39 533 100 50 8533 100 129 100 n * 0% preferred -—-.100 $2 preferred * New England Pow Co $0 pref.100 New England Pub Ser com * $7 prior preferred— * — 433 —* Jamaica Water Supply.—....—* $5 cum pref ser A— * k Last sale, 83" 103" * Common * $533 preferred stamped-- Iowa Elec Lt & Power Co— 0% preferred A 6%% preferred 7% preferred O 9333 7833 New Eng Gas & Elec Assn— 100 6% % preferred 7 % "preferred 111. Mountain States Tel & Tel. .100 33 87 15 50 Narragansett El 4% % pref Nassau & Suffolk 7% pref National City Lines com 2 Companies. ... see page 5% preferred y* 86 83 48 com 433 . 95 * Supply 6 33 433 92 40 100 10 National Gas & Elec com National Power & Light com Interstate Power pref $7 $6 preferred Called for redemption, * * Montreal Tramways com. 1% Utilities— See Investing 10 100 100 com. Montana Power 0% pref Montreal L H & Pow Cons Montreal Telegraph Mountain States Power "4" * com 5% preferred 0% preferred Mountain Fuel 6 * Water Monongahela L & P—See PhllaOo Monongahela St Ry—See PhllaOo Monongahela Valley Water— 7% preferred 100 Monon-West Penn P S 7% pref 15 20% 25c "3 100 100 Missouri Pub Service 35 108" 110 100 15 77* 75 Mexican Northern Ry com Preferred Mexican Utilities preferred 82 Iowa Power & Lt 6% * 12*3 12% 84% 63 70 97 80 86 83% 83 k 9 Fairm't Pk & Hadd Pass Ry—See Fall River Elec Light 25 Fall River Gas Works 25 • 89% 86% 85 Erie Coach Company.............50 European Elec class A 10 Essex 29 33 2033 433 10833 112 85" 85% 033% preferred.. 100 6% preferred 100 Empire Power Corp— See Investing Companies. Engineers Pub Serv com ..1 $5 cumulative preferred * $533 pref (with warrants)—_* $6 preferred * 333 5 10133 3 106 110 Power Securities 19 133 9033 10033 * 0% preferred 100 Indiana Hydro Elec 7% pref.100 Indiana Service Co 0% pref—100 7% preferred .100 Indiana Telephone Corp 100 Indianapolis Power A Light— Common * 0% preferred 100 6 %% preferred —100 5% % preferred 100 Indianapolis Ry Co v t c 100 Interboro Rapid Transit Common certificates of deposit. Internat Hydro-El Syst A 25 Conv pref $3.50 series 50 Inter-Mountain Telep 10 Internat 3233 * cum preferred preferred series C $0 prior preferred 7% prior preferred Mississippi Power $0 pref _* $7 preferred * Miss Power & Light 0% pref * Mississippi Riv Pow 0% pref.100 Missouri Pow & Lt $6 pref. * * 8 $6 112 International Power Co 1st preferred 133 $5 110 47 100 Preferred 7% 65 Memphis Natural Gas Metropolitan Edison Co— 100 Interstate Natural Gas 50 Empire & Bay State Tel (gu) 100 Empire District Elec 6% pf-.lOO Empire Gas & Fuel Co pf 8% .100 "af Service— Teleg guar)..100 89 33 1934 433 $2 Preferred ill' a 103 1233 108 32 3133 110 57 Preferred \l» 57% a 116 0% prior preferred 100 Power & Light Associat'n * Internat Ocean 50 com 12% 55 % .... 98"" 94 * * ft 3 47* Indiana & Michigan Electric— 70 112% 1833 38 59 1833 10233 3233 50 * 58% * 15c Illinois Power & Light— General 24 30c 106 19 100 Middle West Corp com Midland United com... 7% preferred 933 34 2433 Mass 111312 98 3% 28 k 6k Indiana 25 $6 preferred $5 preferred II* * 62 3% 85" Market St Ry(San Francisco) Middlesex 3% 36% 77 103 81 Marion (Ohio) Water 7% pref.100 Marion Reserve Pow $5 pref ;.* 114 $6 preferred llumtnating Shares class A 100 102 38 25 Marcon Int Marine Commun'y— Amer dep rets for ord shs.... £1 3 I 633 16 45 25 Electric Co 102% 50 55 5433 100 100 * 7733 10733 100 common 46 7 68 El $0 pref...* * 100 Illinois Iowa Power 47 25 Certificates of deposits J33 16% 15 % * * 100 100 100 Hudson & Manhattan 36 ._* 6 11% a cl A... 5% non-cum preferred Huntington Water 7% pref Idaho Power 7% pref 6% 1st preferred 111 Comm'l Telep 6% pref Indiana Assoc Telep $0 pref 140 * ' 100 100 100 100 100 100 * * 100 100 25 44 Arrears certificates 15" - 5% com Eliz & Trenton RR 116 3 com Conv stock Electric Bond & Share.. Electric Ferries 11 - % 2k 27% * 50 5% conv preferred - 7c 1 Preferred com 100 Common with warrants 35 47 * * 5 Manhattan Railway 7% guar Certificates of deposits Modified 5% guar 33 65 3% 63% 26 Houston Natural Gas com 10c - East Coast Public Service vtc..l East Middlesex Street Ry.—.100 Eastern Util Assoc - 10 233 74 Duquesne Light—See Phila Co— Duqueene Nat Gas common • $4 preferred • $5 preferred * — 33 ~2% 2 1 100 Havana Elec & Util $5 pref 111 110 25 Havana Elec Ry com.. 113^ 2 25 com Holyoke Water Power ~ 6633 10 112 100 6% preferred 4%% prior preferred Eastern Mass St Ry com 6% 1st pref stamped 6% pref B stock 5% adjustment stock Eastern Mich Transportation Eastern Minn Power 6% pref East Shore Pub Serv 633% pf 6% preferred Easten Telep & Teleg Hartford Gas 103 55 100 Light $0 pf.* Maiden & Melrose Gas Lt Manchester Gas pref 92 112% 32% 32% 100 Lynn Gas & Elec Co 25 Mackay Companies 4% pref. .100 iiH Maiden 110 — Fower & Louisv Gas & Elec $7 preferred 85 90 100 % 1 Louisiana Luzerne <^0 Gas & 723^ --20 Harrisburg Gas 7% preferred. 100 Harrisburg Rys common 60 Hartford Electric Light.... 25 113 k 75c 9 64 100 East Tenn Lt & Pow $6 pref * 11233 17 96 — * 5% preferred 0% preferred. 7% preferred Lowell Electric Light 99 89 15 Haverhill Gas Light 25 Hesronville M & F—See PhilaRT 120 Eastern Gas & Fuel Assoc's Hamilton Gas common 6% preferred 109 Duke Power 41 9833 84 25 * * Long Island Lighting com 7 % preferred A 6 % preferred B Long view Bridge class A 40 25 Water 7% pref class A Hamilton Bridge common Bridge Lone Star Gas Corp II" Gas * Lexington Wat Serv 7% nref.100 Light & Pow Securities Co * Preferred.. 100 10 PhilaRT .25 Pass—See Common 1 Haverhill Elec Co 117 Detroit Edison Detroit Int'l Bridge com.. 20 116 106 Detroit & Canada Tunnel - .. Preferred 133 k 113 100 Preferred. 5333 33 6% preferred Dallas Power & Light 7% pref 100 Derby Gas & Elec $7 pref 53% % 47% 22 43 Cumber (and Co (Maine) Power & Light 6% preferred 100 533% preferred 22 $1.25 pref * Greenwich Water Sys 6% pf-_100 Gulf Power $6 preferred * Gulf States Util $6 pref ♦ $5.50 preferred * Greenwich ICO "233 100 100 1 1 1 1 com vtc 75 21 k 82 Hackensack 1 Cumberland Gas 1333 * com..—20 preferred 50 Gloucester Elec Lt Co Harrisburg preferred * 15 80 100 100 Lexington Telep 6% pref Gold & Stock Telep (guar) 100 Green & Coates—See Phila R T Green Mt Pow Corp $6 pref...* 120 111 7% preferred 6% 40 8 33 — 34 7 % prior preferred 100 Oontinen Pass Ry—See Phila R T Continental Telephone 633 % pref Cuban Telep common 36 Germantown 105 Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Consumers Gas (Reading)....25 Consumers Gas (Toronto) 100 Consumers Power $5 pref * Crescent Public Service 40 11 110% 21 h * $5 preferred * Consol Gas Co (Pgh) pref.. 50 Consolidated Gas Utilities com.l $4.60 preferred Continental Gas & Electric— 35 36 36 10 69% com 40 $3 preferred * Georgia Power $6 preferred * $5 preferred —* Georgia Power & Lt 6% pref * 116 Lewiston Gas Lt 5% pref 62 9 100 100 4%% pref series B 4% preferred series C__ 107 433 34% Gen Wat Gas & Elec com 50% 48% 433% preferred 100 Kentucky Utilities 6% pref.. 100 7% Junior preferred 50 Keystone Fub ferv $2.80 pref..* Keystone Telep mne $4 pref 50 Key West Elec 1% pref 100 Kings Co Ltg ; % pref 100 5% preferre 100 Laclede Gas Light. 100 5% preferred 100 Lawrence Gas & Elec Co 25 2% 109"" 60 Gen Telep Tri Corp 120 117 100 * 43*% preferred Warrants 110 105 96 * 11633 103 94 8* 5%% preferred 100 Connecticut Power 25 Connecticut Ry & Lighting... 100 Consol Elec & Gas $6 pref Cons Gas E L & P (Bait) conv Kansas Gas & Elec 7% pref.. 100 6% preferred Kansas Power Co 0 % pref 7% preferred Kansas Power & Light— 133 117 40 130 106 Gen Telephone Corp $2.50 7% preferred 8c 103 * 6433 5% preferred * 9333 11933 * 4% 7% 58 General.Pub Util common 16 13% * 100 100 100 40 28 lk 6% preferred 100 5%% preferred 100 Gen Gas & Elec (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— Araer shs for ordinary stockGeneral Public Service Corp— See Investing Companies. * ; Bid 10933 * R T Phila Telegraph (guar)... 100 Gandy Bridge common * Gardner Elec Light common. 100 Preferred 100 Gary Elec & Gas common * Gatlneau Power com—— * 48" Common 24% 113 33 40 28 Franklin 114 6% preferred. y0 7% preferred Community Pow & Lt 53 S'thwark—see B Kansas City Pub Serv Preferred Kansas Elec Pow 0% pref 47 Kraukf'd Par Jersey Cent Pow A Lt 7% pf 100 0% preferred 100 5%% preferred .100 Kansas City Power & Light— 1 st pref $6 series 106 52 111 36 60% 114% 5%% preferred 45 104 58 100 ..100 35 36 50 — Florida Power & Lt $7 pref & 33 33% pref..100 * Florida Telephone.. .100 Frankfort Kentucky Nat Gas. .85 Commonwealth Edison Co....25 Commonwealth Gas 1 ... 34 74 ■JkH 79 Columbus & Southern Ohio Elec— 6% preferred A 6%% preferred B ^ Florida Power Corp 7 % Preferred $50 par 31% 32% 69 * 100 100 100 6% preferred series A 5% preferred 5% conv preferred * * — Fitchburg Gas & Elec Light. 113k 25 Colum G & El Corp (Del) com A..* com nrpfpn*AH 41 k 115 40 * ...10b . Coast Co Gas & El 5% Water'Service $6 preferred SB % preferred 101 * common.. Federal 103 103 Stocks Ask Bid Phila Co. t ^ed St & Pleasant wal—See 7 % preferred 100 City Water Co (Chat) pref 100 City Water (New Castle) pref.100 day of the month preceding the date of issue Par Stocks Ask Bid Citizens Water Co of Wash (Pa)- 79 stocks utility public Quotations for all securities are as near as possible for the closing * Ex-dividend. 89 11633 80 Par Stocks com....* New Orleans Pub. Serv 7% preferred----* Newport Electric Corp com.--20 6% preferred--— ---100 Newport Water $6 preferred----* pref 100 (guar)—25 N Y City Omnibus common * New Rochelle Water 7 % N Y Mutual Telegraph Option warrants ........ N YPow A Lt Corp $6 7% pref-—--* ------100 preferred N Y A Queens El Bid 21 are as near as 5% preferred .--100 N Y Railways pref — -———-* N Y & Richmond Gas 6% preflOO N Y State El & Gas 5% % pfd-100 N Y Water Serv 6% pref 100 Niagara Hudson Power.——-10 1st pref $5 series—--——100 2d pref 5% series————100 Class A option warrants—.... Olasb B option warrants Norristown Water Co...-----50 North American Co --10 50 6% preferred series-. 40 25% 8 26% 110 100 Philadelphia Traction Ridge Ave Pass ($28 pd) 2% 65 Phila Transportation *32 Phila Traction—See 16% 56% 55% (Del).....-10 —* $4 preferred-- 3% 14 59 ' — 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 —100 50 7% preferred Northwestern Telegraph (guar) NY PA NJ Utilities $3 pref * 4 Ogden Corp common Ohio Cities Water preferred Ohio Edison $6 pref --* $7 preferred— 100 Ohio Power 6% prefOhio Public Service 5% 5%% 1st preferred 0% preferred 7% preferred — Ohio Service Holding 5% preferred— * * PWf-lQO —100 —100 —.100 108% 115% Plain field Union Portland Elec Pow 6% pref Non-cum preferred.. Potomac Edison Co 6% 9% 73 113 8* 10 85 77 115 83 2d preferred Providence Gas Co Public Elec Light 6% 15% 84 86 94 96 36% 38 26 25 2% 3 26 109% 113% 109% 114% 113 101 115 105% 110 % 106% 112% 115% 117 $1.40 preferred class A Pennsylvania Edison Co— 10 46 21^ 49 11 103% 93 W* 99 15"" 27% 34 31 36% 107 80% 72% 3% $2.80 25 preferred—.—————* $5 preferred———————* Pennsylvania Gas common-...-* Penn Gas A Elec Co 7 %ft>ref—100 Penna Gas As Elec Corp $7 pref—* Class A —...— 18 27H 34% 31% 38 107% 82% 75 m 37% Citizens Traction..-—.—..50 50 Duquesne Light 5% 1st pref 100 39% 2 31 33% 32 35 37% 65% 38 67 Monongahela Lt A Pow 50 Monongahela St Ry—.——50 Phila A Darby—See Phila R T Phila A Grays—See Phila R T Philadelphia Elec Co com—.—* $5 preferred--- ... ——• Phila Elec Power 8% pref-.—.25 117% * 46 Puget Sound Pr A Lt $6 pref * $5 prior preferred. * Quebec Power common.. * Queens Borough G A E 6% pf 100 Rapid Transit Ry—See P 8 Corp Republic Nat Gas.... 2 Rhine-Westphalia Electric Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref 27% 104 12 16 33 83* 2* 115 ad* 106% 107 106% 125 0$ 10 1% 113 % 113" 111% 106 108% 59 56% 17" 38% 1% 1% 108 19% 93 7% 80% 43 85% 12% a lie x 60 12% 115 24% 25" - 94 100 —100 100 100 —100 115% 68% 70% 1st $5 preferred— —100 2d $5 preferred Second Ave RR Cop (N Y) 2d A 3d Sts Ry—See Phila R T Shasta Water Co 13 Shawinigan Water A Power Shenango Valley Water pref—100 Sierra Pac Elec 6% pref. 100 Sierra Pacific Pow common—.15 Preferred-... ...——-100 Sioux City Gas A Electric—25 $7 preferred.—..........100 South B ay Oonsol Wat 6% pf-100 Sou Carolina El A Gas 7 % pf. 100 South Carolina Power 6% pref..* Sou to Pittsburgh Water— 6% preferred...———.—100 7% preferred-—.....——100 4%% preferred 100 Southeastern Telephone com * 6% preferred..............25 Southern & Vlantic Teleg (gu).25 12 101 115 20% 115 8% 12% — «• - — 21% 117 16 15% 103% 104% 3 5 60 86 a 12% 30 116 31 30% 118 32% 22% 17 26 Originalpreferred 14 24 20 26 29 46% 29% ...25 34% 34% 25 34% 25% 10] 35 Southern Col Pow com A 25 Preferred .-.....-..100 63' 68 ii% 6.36% preferred .......100 7% preferred....——.100 United Public Service Corp.. 1 United Pub Util com A ♦ Ol&ss B common—..........1 $2.75 preferred $3 preferred preferred.....—100 Southern Nat Gas oom—....7% .* ......... Washington Wat Pow 6% pref—* 1 •102% 16% 14 2 1% 14* 12* 15* 14* 20 23 26 99 55 65 22 2% 4 i* 105 23 24 114 80 98 100 6 104 6% , 106 25c" 5 3% 112% 114% 104 105 34 31% 43 115% 109 104 ~i% 20 113 114 9% 10% 9 10 9% 10% 15 28; 103% 17% 1 109] ioj 115 123 24] 84] 85] 96 7&c* 97^ 27 4% 78 79 15% 9 94 84 23% Io% 800 1IF phio Gas cum 101 100 100 preferred $ 111 * 99% 26% ...100 119% com West Phila Pass—See Phila R T West Texas Utilities $6 pref West Va Water Serv 6% pref * Western Lt A Tel com .....1 Preferred 25 Western Massachusetts Cos * Western NT Y Wate* pref .._* Western Pub Serv $1.50 pref....* Western Union Telegraph.. 100 Westmoreland Water pref-.——* 101% 104 86c 27% 28% 13 17 78 .....100 Class B Preferred Wisconsin Electric Power— ............. 1.25 100 6% pref (1897 series)....—100 Common .—20 4%% preferred—-—-.—.100 Wise Hydro-Elec 6% pref. 100 Wise Michigan Pow 4% % pf-100 Wisconsin Pow Ac Lt 6% pref-100 7% preferred— 100 Wisconsin Pub Ser Corp 7% pflOO 6%% preferred—..——.100 6% preferred 100 — Power Co—— -5 10 102 39 105 110 116 110 106 107 % £ Worcester Trans Assoc-.-.-... * York (Pa) Railways pref—50 22 .............50 York Water Co....——-.-.-.10 28"" - Common Without par value. { Trading discontinued in these issues, and while saleable, the price would be based upon and the consol. 3-6% bonds as shown in the reorganization plan, a Called for redemption, see page 111. /Flat r Canadian price t New stock, s Ex-dividend, * - United Utility Co common....10 Utah Power A Light $6 pref —* $7 preferred * Utilities Power Ac Light— Old 7% cum preferred 100 Utilities Stock A Bond Corp—1 Virginia Electric A; Power— $6 preferred * Virginia Pub Serv 7% pref...100 6% preferred 100 Washington (D O) Gas LightCommon .._.......* 4% % conv preterred 100 Wash Gas A Elec 7% prof.... 109 Wash (D O) Ry Ac El com.... 100 5% preferred ......100 Wolverine Southern Indiana Gas A Elec— cum United Gas Improvement......* $5 preferred ...♦ United 111 Co of New Haven—_.* United Lt & Pr com A...... * Common B _* ... 110 30 preferred 1 * Wheeling Elec 6% pref......100 Willlamsport Water pref—— * Winnipeg Elec class A 115 107 102 2% ... 88" Wheeling Bridge.... 105 a 5 % % preferred series O——.25 6% preferred series B......-25 ...—..25 ........ ...... 4%% preferred . earn $7 non-voting pref.. Warrants 6% cum preferred West Penn Power Co % 7% ... 6% $3 cum preferred ♦ Warrants United Gas A Elec (Conn) com.* 7% preferred .—.100 United Gas A El (N J) 5% pf_100 7% 14 Southern Calif Water pref.——25 Southern Canada Power-.-.—-* 21% 7% preferred -.100 Union Electric Co of Missouri— 5% preferred .......* Union Gas (Canada) * Union Gas System com 10 Preferred 50 Union Pass—See Phila R T Union St Ry (New Bedford)..100 Union Traction—See Phila R T United Corp ..._• com ..... ... West Penn Elec Co class A— Seattle Gas common Southern Gadf Gas Co— 6% preferred series A 13% Tide Water Power 6 % pref * Toledo-Edison pref A 7%—100 6% preferred-— 100 5% preferred 100 Twin States Gas & El 7 % pref. 100 West 15c — * _ Partic units Brook South Calif Edison common—25 4 116 Savannah Elep & Power Co— ~ 7% preferred. 6% cum 1st pref * United Light Ac Ry 6% pref...100 Water Service 6% pref— Scranton Transit common 109* 78 % 1 6% preferred series O J00 6% preferred series D 100 5% preferred series E ..100 Rochester Telep $6% pref lOu Rochester Transit common.....* Rockland Light A Power----.10 St Joseph Ry Lt & Pr 5% pf—100 St Joseph Water 6% pref .100 St Louis County Water pref.-100 St Louis Public Serv class A-..-1 t6% preferred 6% % preferred 7% preferred 17%% preferred 8% preferred 1% 95 105 % Texas Power & Lt 7% pref...100 6% preferred * Third Avenue Ry (N Y) 100 13th A 15th Sts—See Phila R T United Gas Corp oom— 5% 50 Preferred .....—.....50 Rochester Gas A Electric— 6% preferred ..-.--100 San Diego Gas & Elec Co com.. 10 7% preferred.....; .....100 5% preferred 20 101 111$ .... So Rio Grande Valley Gas v t c Riverside Traction.. 4.8% • 113 113 100 pref * ..... Rapid Transit St Ry Co—,_106 Scranton-Spring Consolidated Trac pref Federal St A Pleasant val—25 122% 110% Scranton Electric $6 pref 26 5 ... . 158 140 San Antonio Public Service— 4 17% 120 Pennsylvania Power $5 pref....* 112 Pennsylvania Pow A Lt $7 pref.* 110 $6 preferred: —.....——* $5 preferred 104 .———* Pennsylvania State Water, pref.* 106% Pennsylvania Telephone Co— 58% $2.50 preferred -—Pennsylvania Water A Power..-* 54% $5 preferred —_———* 114 15 Peoples Gas A Fuel Corp.——1 Peoples G L A O (Chic)..—100 37% Peoples Light A Power Co A....1 Common class B .--.1 1 Scrip / 103 $3 preferred ......—25 18% 90 Peoples Water A Gas $6 pref..100 Peoria Water Works 7% pref. 100 101 Phila City Pass—See Phila R T 6 Philadelphia Co com—.—...* preferred—...——* % cum preferred——...50 cum pref ———* Allegheny Traction——.50 100 Ridge Ave Pass—See Phila R T 10% 103 90 16% _ 28% 100 * — 15" 109% Twin City Rap Transit (Minn)..* Consolidated Trac of N J--100 Public Serv El A G $5 Pacific Public Service— preferred-—- 46% 109 102 100 Class A _ 6% 8 % preferred 7% preferred6% preferred—— $5 preferred* 7% preferred ...—100 Panhandle Eastern Pipe Line Common —————* Pecos Valley Pow A Lt com * Peninsular Telephone Co com..* 97" pref-.* * Public Serv of Okla 6% pref—100 117 100 100 115 108 100 100 pref--* $5 preferred * Public Service Corp of N J * 115 1st preferred.. Pacific Telep A Teleg :98M Public Serv Co of N H $6 108 ............ 5% 95 41 pref—..100 pref—100 $6 preferred 40 12 Texas Gas Util com:. __1 Texas Hydro Electric$3.50pref.* * .50 3% 20 12% Texas Power Corp common... _.* 60 25 ._._.* Public Serv of End $7 prior 122% Common pref—lOO 6% preferred 5% preferred Syracuse Transit * Tacoma Ry A Pow Co... » Tacony-Palmyra Bridge— 5% conv preferred-. 100 Tampa Elec Co * 7% preferred... —.100 Tampa Gas, 7% pref. 100 Terre Haute Elec 6% pref 100 Texas Electric Ry.... 100 Texas Elec Service #6 nr«f Texas Gas Distributing Co Public Serv of Colo 7% 54 43 • 6% ... 106 21 49 * 45c . 119% " 78 ——100 Potomac Elec Pow 6% pref... 100 5%% preferred 10Q 6% preferred 100 Okla Nat Gas Corp com-.——.15 S3 preferred .......50 $5.50 con v.prior pref———* Omaha & Council Bluffs Ry— & Bridge Co 4%Pref-—..100 Omaha A Council Bluffs St Ry Co 5% preferred.. 7!* -100 com.-I * PottsvUle Water Co Power Corp of Canada com First preferred 19* _ 7% preferred Oklahoma Gas A Elec 7% preflOO —6 8% conv preferred A......100 Oregon Wash Water pref-. ..— * Ottawa Light Heat As Power—_* Preferred ...—100 Pacific As Atlantic Tel (gu) 25 Pacific Gas As Electric-..-—25 1st preferred (6%)—......25 1st preferred Wc'(5%%)—-—25 . Pacific Lighting Coi ;orp com——* $5 preferred—...—...—* Pacific Pow A Lt 7% pref-...100 6% preferred ....... 3 Postal Telegraph System 51 196 Omnibus Corp common 100 _.* 59% 43 — 1% 42 $6 preferred Portland RR 5% stock 109 119 Swiss Amer Elec 5% pref.500 Fes 96 100 ll* 85 5 Units-——. Ohio Water Service A com Preferred * Suburban Rapid Transit St Ry.50 Superior Water Light & Power-— 7% preferred.. -.100 pref 100 50 7% prior preferred Portland Gas A Coke 7% Portland Gas Light.. 16§H 164 » 40 * Water B 3 T 100 Philippine Long Dist Tel 104 41 1 com-- R Pittsburgh Suburban Water— $5.50 preferred ...100 Northern Indiana Public Serv- 6% preferred..---————100 7% preferred 100 5%% preferred————100 Northern Liberties Gas... -25 Northern N Y Util7% pref—100 Nor States Power (Del) cl A— -25 Phila Class 1% Co com.—' 20 Participating preferred 96 49 % Co 50 50 2d & 3d Sts Ry guar —50 13th A 15th Sts Pass Ry—50 Union Pass ($30 5-6 pd). 50 Union Traction ($17% pd).50 West Phila Pass guar 50 Phila Suburban Wat 6% pf 100 107% 27% 3% 75% --100 ... ' PhilaOityPass Ry($22% pd)-50 Phila A Darby Pass Ry 50 Phil A Gray's Fy ($25 pd)—50 84$ 48* Northeastern Wat & Elec com—* 50 Ask Bid .... Green A Ooates Sts ($15 pd) 50 Hestonville M A F com:.-.50 Preferred 50 10% 106 116% 105 115 Passenger Par Southern New Eng Telep 100 Southern Union Gas com......* A preferred .......25 Southwest Consolidated Corp 1 Southwest Gas (Okla) 7% preflOO Southwest Nat Gas $6 pref 10 Common.. 10c Southwestern G A E 5% pref 100 Southwestern Light A Power— $6 preferred * S'western States Telep com... 1 Springfield City Water 6% pf 100 Springfield Gas A Elec pref-* Springfield Gas Lt Co 25 Springfield (Mass) St Ry CosPreferred —100 Standard Gas A Elec com * $7 cum prior pref ,_* "4 cum preferred * 6 cum prior pref. * Standard Pow A Lt com 1 Citizens Passenger guar 50 Continen Pass Ry ($29 pd)-50 Fairm't Pk A Haddington. .50 Frandf'd A Southwark Pass .50 Germantown Stocks Ask {Philadelphia Rapid Transit—50 7% preferred 50 29 22 30 16 18 23 112 day off the month preceding the date of issue Bid Par Stocks 20 110% 27% 105% 5%% preferred 50 North American Light A Power.. 1 $6 preferred — * North Amer Utility Securities.—* North Boston Ltg Prop com—..* Preferred North Texas possible for the closing Ask Light As Pow— Common " STOCKS PUBLIC UTILITY Quotations for all securities Phila. Trans. Corp. preferred stock price, k Last sale, n Nominal, 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 ara "and interest" except Quotations tor all securities are Bonds Bid MISCELLANEOUS 47 4854 70 70 Adams Express— See Investing companies Aeolian Co 6s 1944 49 48 J&D 73 2.15% 2.30% 2.45% 2.60% 73 Blaw-Knox 91 6234 634s 65 9634 40 25 30 A&O 1948—A&O 40 5834 46 50 68 1955._ Alberta Pacific Grain 6s 1946 J&J 30 _ 68 70" 73 Allied St's Corp deb 4 34s'50.A&() Allis-Chalmers 10154 10154 10834 Alpine Montan Steel Corp 1st sf 7s 1955 M&S Amer Airlines deb 434s 1941-J&J 102 102 10854 25 Amer Dept St's (Pa) 4s *48.-J&D 50 (DeP 6s *47.J&D Amer Fruit Growers 5s 1950-F&A 60 Amer Dept St's 65 American I G Chem Corp— Conv deb 5348 1949 M&N 10434 53 75" 10434 American . International Corp— See Investing Companies Brandram-fienderson 6s '56.J&D / Bklyn Serv Station 534s *46-J&D Brown Coal Indus 6 34s '53..A&O / Brown Co 1st 534s 1946 A&O/ 1st 5hs 1950 ser B M&S / Bruck Silk M Ltd 6 34s '45.M&N Bryant Paper 6s A 1942 M&N 1st 6s 534% notes 1956 1946352 Am Silica-Sand 6s 1951 Am Tobacco deb 4s 1951 Debenture 6s 1944 4% notes J&D / M&S 55 5634 9734 M&S / 20 F&A 116 A&O 118 mm m m. American Type Founders Inc— 92 34 66 2d mtge inc 7s Jan 1 1943.M&S / Anaconda Copper Mining Co— Sink tund deo 434s 1950.-A&O Anglo-Chilean Cons Nitrate— S f inc deb 434-5s 1967 J&J Anthony (E C)— 1st s f 68 (San Fran) 1942 J&D 105 9434 6834 66 10554 3334 3434 98 15 30 43 6834 42 66 34 12 30 Arcade Mall Iron 7s 1943.-M&N Armour & Co of Delaware— 10534 10554 A&O 80 Arundel Bond Corp 3-5s Dec 1 '53 106 10534 81 85 Arundel D**b Calaveras Timber 1st 6s '38-M&N _ 49 Campbell Transportation Co— Equip trust 434s to 1946--M&S Equip trust 4s to 1951..--J&J Canada Bread 6s 1941 F&A ..J&J 75 7434 10234 M&S 10534 — Conv deb 43*8 1939 J&J Autocar Co 7s ext 1947—M&N Avery (B F) & Sons 5s w w*47J&D Without warrants 10634 10134 103 30 40 4 7 35 106 10234 9934 10334 117 70 11834 101 Baldwin Locomotive Works— Mtge 6s 1950 M&S Bait Steam Packet 5s 1942..F&A Baragua Sugar Cum Inc deb 6s 1947 J& J J&D 47 50 95 Bates Valve Bag 6s 1942—.F&A 100 9954 Battle Creek Sanitarium— 1st sf 434s A 1954 J&J Baush Mach Tool ext 5s '41.M&S / Bayway Terminal 2nd Inc 6s '57- / Beaver Mills 1st 5s 1950 J&J Bedford Pulp & Pap«r 634s 1942Beech Creek O & O 5s 1944—J&D Bendlx Home Appliances— 6% conv debs 1944 M&N 45 Purch 6s 1998—Q-Feb Steel Corp— money Bethlehem 43^8 to 1941 J&J 15-yr s f conv 3 34« debs '52 A&O Cons mtge 3 34 s ser F 1959-J&J Cons mtge 3s ser G I960—F&A Cons Tutge 3 Josser H '65—F&A Serial debentures— ?.50% due Mar .00% due Mar 1.25% 1.50% 1.75% 2.00% a due Mar due Mar due Mar due Mar 30 28 31 99 67 27 24 26 65 102 2734 87 91 88 152 155 10734 i—• o o i—i—» «•' 108 J&D 1st & gen 5s 1957 J J&J Canadian Bakeries 63*s '45-M&S Canadian Oanners Ltd 4s'51M&N Canadian International Paper— 1st M 6s 1949 J&J Can Locomotive 6s July 1953 Canadian National Steamship— M&S Can PowA Pap Inv 5s 1958.F&A Vickers 6s Aug 1 1947- F&A A&O Carthage Marble Corp— lstsf 634s A 1942 M&S 1st n-c income 5s Apr 1951 Cassco Corp inc 6s 1949 M&S Celanese Corp of America— 3s debentures 1955 F&A 65 3734 Cum inc 5s April 1967 ^ l«t 534■ aer O 1946 70 1013 1013 J&D Consolidated Cement Oorp— Cum inc 6s 1950 F&A Cum Inc 6% notes 1950.-F&A 9834 80 Consolidated Cigar Corp— 4s wi 1950--/ Oonsol Indus (111) 5s 1958.-M&S Consolidated Oil deb 3 Us '51 J&D 100 100 1053 483 693 834 Oonsol Paper Corp 534« 1961. J&J Oonsol Press 634s 1949 J&D Consoi Toxtiln |st Ks 1941 .J&D Certificates of deposit conv inc 5s 1953 ,1* M&N Consolidated Warehouses Inc— 1st non-cum inc 6s 1947—_ J&J |/ Consolidation Coal Co— Sink fund 5s July 1 I960—J&J 12 7434 7134 Consumers Co (111) 5s 1956..J&J Consumers Rock & Gravel— 6s 1948 J&J 15 Oonfl Invest Bond Oorp 3-5s '53. Oont'l Invest Deb Corn 4-6s '53— Continental Oil— Conv deb 234s 1948 J&D 85 10534 Continental Roll & 8ceel Fdy— 1st M conv s f 68 1950 J&D Coplay Cement Mfg 6s '41 A&O Cosden Petroleum conv 5s '47 J&J 9934 - 57 Cosgrove Meehan Coal 634s 1945. / 5 Crane Co 3^rs f deb 1951. J&D a 101 2 34s s f debs 1950 A&O 10134 Credit Fonder Franco-Oanad— 5% 61 M&S Credit Service—See Investing Cos Crowley Milner 5 34s 1946—M&N 75 67 68 70 67 69 7034 69 7934 49 8034 97 51 3734 98 72 72 53 39 4 5 9134 10434 10134 9534 100 f deb 4s 1950.. 51 ..M&S 9334 Dairyland League— Certifs 6s May 1 1944 Certifs 5s May 1 1945 Certifs 5s May 1 1946 Certifs 5s May 1 1947 Certifs 5s May 1 1949 Certifs 5s May 1 1950 Davidson Biscuit 5 34s A '45 A&O / 102 9834 9634 9534 9434 9334 / / / / / / 93 10134 Davidson-Boutell 5s 1946—-J&D 100 De Bardeleben Coal Corp— 1st cum inc 5s 1957-.Ann April / 29 Bep Rock Oil 7s T 937 stmp M&S / 51 Berfield Glassine 1st 5s Mar *50. / 45 Defiance Paper 6s 1939 52 J&D Delaware Floor Products— *»2nd Income 6s Mar 1946 28 Detroit City Ice & Fuel— 4s w w 1948—. F&A 86 Detroit Garages 534s Mar 1948— / 4534 Detroit Har Term 1st 6a '50-M&S / 19 Detroit Times 6s 1941 to *43 M&S 6 100 to Deutsche Rentenbank— Farm Ln s f 6s Oct 15*60 A&OIS / 26 34 Series B__ / 21 Dickey (W 8) Clay Mfg Co— Cum inc 5s (ex-stk) Nov 1 1949 103 34 Dickinson (Alb't) 634s 1935.J&D / 10 3 10 35 99 9934 Distribution Term Warehouse— 5s 1956 A&O 35 88 89 Dom Coal 1st 434* ser A Serial 33*a 1940-1943 6934 Gen mtge 5s 1941 M&S Central Iron & Coal 6s 1938.F&A / Central Ry Term & Cold Storage 90 Oorp— 94 26 24 A&O / 10 10634 8834 Oespedes Sugar 7 34s 1939—M&S / 4 96 Champion Pap Corp 6s '45.-F&A Champion Paper & Fibre Co— mm m> 89 5 -J&D 101 Cleve Tractor conv 5s 1945.M&N Climax Engineering 5s 1946-A&O, 10134 Colonial Colliery 6s b Basis. 1954—M&S / M&S ferial debentures 0.35% Sept 1 1941 10334 105 10634 34 94 70 73 70 66 53 5434 104 100 10034 10034 10034 107 Sept 1 1945. Sept 1 1946. Sept 1 1947 Sept 1 1948 Sept 1 1949 Sept 1 1950 Dryden Paper 6s 1949 Dufferin Paving & Stone— 1.40% 1.60% 1.75% 1.90% 2.00% 2.05% 101 101 101 101 101 101 65 Jan Deb 5s series A 1955 F&A 28 DuMont (Allen B) Laboratories— 2VS-5s M&N 1949 50 Durham Duplex Raaor 6a 1955— Durez:Plastics & Chem— 117 103 63 107 56 58 434s conv debs 1949---.-M&S Earl Fruit 1st s f 534s 1947- -M&N Eastern Car Co Ltd 6s 1952-J&J 67 75 Eastern 29 30 Chilean Nitrate & Iodine Sales 52.A&N City Ice (Kansas) 6s 1940 A&O / City Savings Bank of F&A / Budapest 7s 1953--- 10-yr 534% notes 1947—J&J -- 106 ex-w 1937 M&N / 15 5s with stock 1937 M&N / 15 Ohesap'ke-GampOorp434«,47J&J a 10434 Chicago Daily News— 334s 8 f debe 1950 A&O 10534 Chic Grain Corp 3-5s 1952-.A&O / 32 Chic Molded Prod 5s 1949 A&O 9134 Corp inc 5s 1968 Cities Service Asphalt 5s Deb 43*s ser A 1951 M&N Dom Woolens & Wors 6s '53-J&J Donnacona Pap 4-4 34s *56—F&A Dow Chemical 2 34s debs '50 See Railroad bonds. Chicago Produce District 1st cum inc 5s (w-s) '48—F&A Chicago Stk Yards 5s 1961 .A&O Childs Co deb 5s 1943 A&O I A&O Dominion Steel & Coal 634s 1955Dominion Tar & Chemical Co— 53 Central Steel 1st 8s 1941 ..M&N Certain-teed Prod 5 34s 1948 M&S (s ■ f deb *50(*35 issue) .M&S 'as f deb '50(*38 issue).M&S Ohateaugay Ore & Iron '52.A&O Oorp 5s 1953— Eastern Mfg 7s ser 81 104 92 M&N 54 A 1938--J&D 105 Eastern Dairies 6s 1949 43 J&D 3 91" 89 50 ---- 34 /This price includes accrued interest. 134 I; Last sale. n Nominal, r 18 mm mmm 106 10034 92 — s 7634 64 Debenture 4 34a w w 1947 F&A Central Goal & Ooke— Non-cum inc 4s B 1951—A&O / Central Foundry Co— Oelotex 107 10034 98 Curtis Publish deb 3s 1955—A&O 100 97 , 105 100 10034 10034 10034 Income deb 2s Oct 1950 / Columbia River Paper Mills— 6s to 1946 —.A&O Conv 74 Carlisle Lumber 6s 1945Oarrlbean Sugar— Cum inc 7s 1941 79 Oudaby Packing 334s A '55-M&S 75 Canada SS Lines— 10634 Orudble Steel 434s A 1948..F&A Cuban Tobacco 5s 1944 J&D Cheney Bros 5s 95 Called for redemption, see page 111. > 73 65 25 Fdy & Ma 5s '44-A&O Bethlehem Steel Co— Bethlehem 6934 4334 72 serA'51 M&N Paper Co 3s 1941—J&D J&D 334s 1942-1945 434s 1952— 634s 1952 Estates— Barber & Ross 4s 1945 32 45 73 Carrier Corp conv 434s 1948 69 Atlas Pipeline Corp 6s 1945-M&N Gen conv 6s 1950 M&N Auburn Automobile 7634 60 Atl Sug Rof 1st s f 4s 1951..M&N Atias Imperial Diesel Engine— 1945 102 71 25-jt guar 5s 1955. 51 Atl Gulf & W Indies SS Lines— conv notes . 101 42 95 / Canadian a 101 Certificates of deposlt.1942 / 934 Campbell River Tlmb 6s 41 -J&J 125 50 Corp 4-6s Dec 1 '53 Associated Mtge Co 3-6s Dec 1 *53 6% 1946 California Consumers Corp— 1st lien 3-5s 1955 J&D Calif Cotton Mills 1st 6s '40.J&J Calif Group Corp 5 34s 1956 M&N Ca maguey Sugar— 1334 2834 Atlantic Ice Mfg 6s 1945 F&A Atlantic Refg 3s debs 1953.-M&S 66 10034 25 s 72 J&J / Cum 43 34 42 Can Cement 1st 4 34s 98 M&S Coll tr g 5s Jan 1 1959 J&J Atlantic Ice & Ooai 6s 1951.J&D 41 63 99 34 9934 98 36 f extl 6s 1940 ...J&J / Burns Bros deb 5s A 1961--M&S Burns & Co Ltd 1st s f 5s 1958 J&J Bush Term 1st 4s 1952 A&O Cons g 5s Jan 1955 J&J Bldg 1st 5s stamped 1960 A&O A-NY & B-NY Realisation— 1st lien 4s 1952 72 Canada 1st s f 6s (Los Aug) 1942--J&D Antilla Sugar Estates Income deb 6s 1951 (w-s) _-J&J / Atlanta Laundries— 6134 69 7s 10534 1st M 20-yr 4s ser B 1955. F&A 1st mtge 4s series O 1957..J&J Arnold Print Works— 72 35 26 34 4134 10134 M&N 1946 3734 101 Byradum Corp ext to Jan 15 1942 103 American Writing Paper Co— Conv 6s 1961 Ann Apr / Ames-Hold en Tire & Rubber— 1st 5s Feb 1 1952 F 68 6634 60 36 70 Byers Machine 3-6s 64"" 17 534 J&J / ser 734 10134 654 Burmeister & Wain (Copenhagen) 15-yr 62 Conf s f deb 23s-5s 1950--.J&J Am Wire Fabrics 1st 7s '42..M&S 5s. 1955 J&J 1948 Bullock's Inc (Los Angeles)— 4% notes ser E to 1941 M&N Am Mach & Metals 4s 1943. -J&J American Nat Co (Ohio) Extended 6s stpd 1943 series B Budd (E G) Mfg 6s ext 1941 .F&A Buffalo Gen Laundr 634s '41-J&D Amer La France & Foamlte— Am Lime & Stone 53ts *51 M&N 1954 Connor Lumb & Land 6s '41 M&N Gonsol Biscuit 1st 534* B '46 M&S 58 70 J&J Brit Col Packers 5s 1953 J&D British Columbia Pulp & Paper— 1st 6s 1950 _M&N Gen s f 7s 1950 M&N/ 496 Debenture 434s 1951 P&A s f deb 4s '52.M&S 1968 Bowser (S F) 7s 1944 71 M&N 5s s Commercial Mackay Corp—See Public Utility Bonds 10034 __ Bid Co, Ltd— Colo Fuel & Iron s f 5s 1943-F&A Income 5s 1970 -An Apr ^ Paper Mills 1st 434s *68..-J&J 1st S Columbia River Packers Assn— 103'" 103 J&J Boston Wharf 1st 4s 1941 A&O Bo water's Newfoundland Pulp & Algoma Steel Corp Ltd— A 1948 101 103 Co— 6s 1941-1942 F&A Bloomington Limestone Corp— 4s April 1953 (units) / 100 1st M coll tr 6s 1948 10234 10054 1947 1948 Mar 1 1949 Mar 1 1950 1947. S Gen mtge 6s w 10154 10234 102 10234 Mar 1 Mar 1 Bloedel Donovan Lumber Mills Albany Perf Wrapping Corp ser Colonial 1st mortgage 334s 1950-__-F&A Blethen Corp (Seattle)— J&J Agar Packg & Prov 5s 1945-J&D Akron Times-Press 1st 6s '45 A&O Alabama By-Prod 6s 1955...J&J Alabama Mills 6s (w-s) 1953.J&D Without stock J&D Conv 5s due due due due Bonds Ask Bid Bonds BONDS Certificates of deposit w w marked "f" and Income and defaulted bonds Bethlehem Steel Corp— Serial debentures (Concluded)— Acadia Sugar Ref 434s 1955. A&O General 6s 1954 A&O 16 6s assented where possible for the closing day of the month preceding the date of Issue Ask INDUSTRIAL AND Abitibi Power & Paper— 1st M 5s 1953 ser A as near as Canadian funds. 59" 6 10234 64 77 105 54 10134 9634 10034 o«» INDUSTRIAL MISCELLANEOUS & BONDS NOTICE—All bond price* 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 Ask Racing Assn 5s 1845 Eaton Paper 1st 6H® 1943.M&N Eire Auto-Lite deb 4s 1952.F&A 97 100 Eastern 83 1952 73 M 58 75 104 M 102 F&A / lyOti ser B—F&A f / 7 Ms income 1966 1st lien 78 1967 ser C M&S f 7s Income 1967 ------/ Everlastik lnc 1st 7s 1937.M&N 1st lien 7 40" .... 16 2 16 2 50 Fairbanks Morse & Co— Fa 106 M 106M 1956—J&i* 1947--J&D 31M 12 33 13 M 98 99 M 95 Helvetia Coal Min 1st 5s "58.A&O European Mtge & Invest Co— Falstaff Brew deb 5s Conv s f 4s 1954 / f Inc deb 5s 1989. 7 Hearst i'ublica 6M8 to 1947. M&N a 100 Players Canadian— 99 ISt & coll 3M» 1941-1942 J&D r 69 1st & coil 4M» 1951 3 Farmers Nat Mtge Inst 7s '63 v»v< > / 67 M Federal Grain Ltd 6s 1949--F&A 63 Fed Portl Cement 5s 1947-.-M&S Federal Screw W ks conv 6 Vis '39 / 45 81 1st s f 5s 1949 M&S 98 Filtrol Co of Calif 5s 1946. J&D Finance Co of Amer at Baltimore 102 4% notes 1947 M&S 82 100 115 100 103 M 75 Hudson River 26 M 5 f 2d mtge inc 6s Feb 1956- 83" - 38 8 f 68 stamped 1961 MAS 103 H FirestoneT& Rub3Ms'48—A&O First Bohemian uiass Works— 1st secured 7s 1957 J&J f 10 Flour Mills ot America Inc— 30 Conv g 6M% notes 1946.A&o / Follansbee Bros 5s 1947— J&b / Fontenelle Brew 5s ww 1947-J&J Francisco Sugar 6« 1956 M&N Franklin Co Coal Co 7s w s'49J&J Franklin Deb Corp 4-6s'53_J&D Fraser Co 6s Jan 1 195UJ&J French Nat Mail SS Lines 6s "5Frlck (H 1972 / 52 49 ,71" 69 35 74" 70 :::: 105 H 105M Steel 37 M .... 45 34 35 65 72 87 M 88 M 68 M / 70 M 90 Gerlack-Barklow Co 6s 1950-F&A German Atlantic Cable 7s 1946/ ^ 194 M& / Internal Mercantile 102 M 36 1st 79M 8 s Kef mtge 96 (Adolf) lnc— 1st 60M A 1941.M&S Good Hope St & lr Wks (Germ'y) 8 i g 7s Oct 15 1945---A&O 15 / 105 M Goodrich (B F) 4 Ms 1956—J&D 40 105M 76 M 97 Granby Consol Min & 8m 5s 1942 r 5s 1947 80 A__J&J 4 Ms Ohio Riv ~2% 2H 49 82 58 .... 95 105»°32 107 M 107 M 100 M 72 100 M 75 97* lJi ~VA 103 103 66 65 Corp 2-5s Jan 1 '55 50 98 Jacobs (F L> 6M% dividend notes 1942 J&D J&J Grand Rapids StoresEquipt Co— 99 101 76 79 Jones & 28 1st mtge 4 Ms ser A 1961..M&S Journal of Co mm 6 Ms '47 J&J «. — 35 - - - _ . «. — . .... Jefferson & Clearfield Coal & Iron F&A •. 25 21 8 12 Debentures 5s 1949 Grand Trunk Warehouse Indiana Co 1st & Cold Storage 1st 3s 1958 24 A&O Granite City Pig Iron— Cum lnc 5s 1943 M&S / 71M Graton & Knight 4Mb '51--J&D 101 Great Lakes Paper Co Ltd— 1st s f 5s 1955 A&O / 64 1st s t 5s ser A 1955 M&N 59" 49 72 66 71M 20 100 a Called m for redemption, guilders. Koehrlng Oo (Mllw) 5s 1945.J&J Koholyt Oorp 6 Ms 1943 M&S Koppers Oo 4s 1951 M&N Kresge Foundation 5s uniform ctfs of dep 1959- La France Textile 1st 6s *42.J&D Lake Erie Bolt & Nut— 5-68 April 1 1946 J&J Lake St John Power & Paper— 70 47 1st 5Ms 27 1961 20 103 M 95 92 M 26 105 106 M 104M 105M 3M 24 26" 70 J&J 62 64 46 48 55 100 27 31 109 McCoid Rad & Mfg— 6s stamped 1948 70 F&A 69 McOormicks, Ltd, 4s 1952...J&J McOrory Stores Oorp— 3 Ms s f debs 1955 A&O 68 Vlcktsson & 105M Rob Bins inc— 2°-yr cjuv dob 5Ms 1950-M&N vleud (Tb3) Corp— 1st mtge 4 Ms 1955 M&S Memphis CommercialAppeal 4 Ms 1952 M&S Mengel Oo Merchants conv 103 H 106 101% 93 M 4 Ms 1947-.M&S Dispatch— Eq tr 5s 1941-1942 J&D Eq tr 4Ms 1941-1945 J&D b Eq tr 2Ms 1941-1946 A&O b Merchants Distilling Oorp— 5% conv deb 1947. M&S 42 52 Merchants Ice & Cold Storage— 1st 6 Ms 1943-49 A&O 75 80 . 1.40 1.70 1.70 61 70 72" 67 69 M Messenger Corp deb 4 Ms '51 J&J 89 Metropolitan Ice 7s 1954..-J&J 60 Miag Mill Mach'y 7s 1956-.J&D jMiddle States Petrol 6Ms 1945.. 101K Miller & Hart Inc. deb 6s Milton Mfg Co 6s 1952 Minnesota & Ontario 1st 68 series A 1935 1st 6s series A 1945 43 J&J M&N 65" lOlM 70 65 Paper Co— A&O / A&O / / 1st 6s series O 1950 M&N / 5-yr 6% notes 1931 M&S / Missionary Sisters (Waukegan, III) 1st ref 3 M-4s 1951...A&O Mohawk Rubber ext 5s 1948 A&O s f 6s 1953 J&J Moirs Ltd 1st 41 41 41 41 9 99 M 93 42 42 42 42 10 — ~ 48 •• 50 Molybdenum Oorp of Amer— 6% notes 1942 J&D 99 Monon Coal—See Chic Ind & L Ry. Monong Riv Cons Coal & Coke— 101 1st 6s 1949 A&O Monroe Coal Mining 6s '47..F&A Montreal Cotton dob 5s '43.M&N Montreal Dry Docks 6s '48.F&A 128 96 M 60 fr 40 Mtge Bond Co (Md) 3-5s Dec 1'53 Mortbon Corp— Coll B 2M-5s ser 2 1946 ..J&D Coll C 2M-5s sor 3 1951 ..J&D Coll D 2M*5s sor 4 1956 ..J&D Moslnee Pap Mills 1st 5s *51 .A&O Motor Transit inc 6 Ms 1952.J&J Munising Paper 5s 1947 J&J Munson Steamship Line- mm- m m m 44 99 80 70 70 79 81" 60 63 100 M Secured 6s 1937 ...J&J Deb 6Ms Jan. 1 1937 wwA&O 35M 2 Certificates of deposit.. 2 Namm (&A I) & Sons 6s 1947F&A Nassau (Ger> Landbank 6 Ms 193V / 26" Nat I Acme 4 Ms ext to *46.. J&D a 101M National Bondholders Central Funding— 9 3 85 110 26M see page 95 A&O All series / National Central Savings Bank (Hungary) 7 Ms 1962 _F&A Natl Consol Bond Oorp 3-5s 1953. 99 a Matthiessen & Hegeler Zinc— Extended 3-6s 1945 M&S Morris Plan Corp— See Investing Companies .An Apr Debenture 5s 1961 99 f / Quoted 100 M Lancaster Corp 3Ms A 1949.J&J .A&O Hatfield-Campbell Creek Coal— 1st 6 Ms 1948 M&S Hawley Pulp & Paper Co— 1st 6s s f 1946. J&J 99 M .... 10-yr 3s coll trust 1950—M&S Kreuger & Toll— Harris-Seybold-Potter— Conv s f deb 5s 1951 Hart Coal inc 6s 1945 42 w w stpd 1943 / stamped (par $925) 1943 / 16M warr (par $925) 1943._ / 11 Keith (B h) Corp 6s 1946 M&S 102 K Kelsey Hayes Wh'l 1st 6s *48. J&J 100 Kentucky Rock Asphalt— 3 M -6 Ms 1945 J&D 43 Keokee Cons Coke 5s 1959 97 M Keyea Fibre Company— 1st 6s 1940-1949 ..M&N 95 Kingston Elevator 1st 6s '50 M&N 78 Knudsen Cream'y 5Ms '50.M&N 63 10-yr 6s 1939 w w A&O Harborslde Warehouses— Non-cum lnc 6s Jan 1973..—— / H ax pen Mining Corp— 68 with warr for Am shs J&J / 105 6s with 70 A&O 1st extend s f 3-6s 1947 Hansa Steamship Lines— 98 104M bs 70 99 J&J 6s Ctfs of dep 66 69 Hamilton Mfg 5s w w 1951 ..M&S Hammond Standish & Co— f 5s 1950.-J&J 70 Laughlin Steel— Kansas Pipe Line & Gas— 1st 5s series A w w 1952 Karstadt (Uudolph) lnc— 75 103 43 Griess-Pfleger Tan'g 5 M s'48_ J&D Cum income l-5s 1954 J&D 42 Grigsby-Grunow conv 6s '36 M&S / 1 Groc St's I'rod conv 6s 1945.J&D 56 M Gulf States Steel 4Mb 1961-A&O 105M Gurney Foundry Ltd— 1st 4-5Ms (w s) 1949 48 X M&N Gypsum Lime & Alabast— 6 Ms 1948 M&S 70 Hale & Kilburn 6s '39 stmp.^&D / 22 Hamilton By-I'rod Coke Ovdns— Gen sinking fund 6s 1956--A&O Hamilton Cotton 4 Ms 1950-F&A s 65 88 85 M 64 1954_~M&S .^ercury Mills Ltd 5 Ms '53.M&N / Mersey Paper Ltd 5s 1957-.J&D Gen 8 f 08 ser A 1949 M&S 69 62 6s Dec 1 14 Stamped Massey-Harris 1st 4 Ms - 74M 104 K 48 F&A / Iron City Sand & Gr 6s '40--J&D / Isotta Fraschini 7s 1942 J&D 100 73 50 7 Ms 1936 S4&N Marlon St'm Shovel 6s '47..A&O Vict'oil Fronteuac Oil— 1st & coll 4 Ms A 1949 62 102 M 102 M 94 6s extended 1942 x 105" 82 45 49 26 M 91 Marinette & Menominee Paner— J&J ser 4 1st 30 104M Interstate Zinc & Lead deb 7s '32 / Iron City -Ohio River Oorp— Iron City ser 6s Dec 1 *48.F&A / 93 M 7s without warrants 1941 .M&N / Maple Loaf Milling— 3-5Ms 1958 J&D Marine Elev (Buff) ext 5s '52M&S / A...M&S 1968 12 122 % 128 75 1947._ J&J ser ser 21 is 1944.. A^O F&A _ Marine—• r 5s ser B 6s 1955 g 49 Paper Interstate Deb Gotnam Silk Grand Rapids Motor Coach— Cum lnc 7s 1962 w s M&S / Grand Rapids Operating Corp— M 1st 80 .... Hosiery— deb 5s w w 1946---—M&S 100 IK 9 IK 12 Pow & Pap of Nfld— 5s 1968 1J&J Internal „ Conv deb 4MS ser 8 f 1st & ref 1st & ref 104M 38" 96 M 1941-.A&O 52 98 f d*js ly46.F&x\ 7Ms '42..A&O Cei tificatiw of deposit. 1st s f 4s Feb 1 1957 M&N Manhattan Kef.ig 5Ms 1941 .J&J Mansfeld Min & Smelting— 112" M&N M coll trust 6s International .26 77 H Globe Industrial Loan— See Investing Companies. Globe Wernicke 6s Oct 1 '44.J&J Manuti Sugar 91 A&O ' 8 100 Ind Br'nhoist 6s Oct *54.An Apr. / 92 Indus Ray on 4 Ms A 1948.__ J&J a 105Mj Inland Car Lines 5s 1944 88 Inland Steel Co— / Certificates of deposit f Conv deb 5s 1941 J&J15 / Certificates of deposit f duo 106 Indianapolis Motor Speedway— 1947. 129 _. 80 f 5s 122 M F&A Mackintosh-Hemphill 5s'51.J&D 73 s 106 85 Mahlstedt Mat'ls 5s 1955. A&O Mahon (R C) Co deb 5s '51. A&O J&J Deb inc 72 26M Lukens Steel 5s extend 1955 M&N II Progresso Italo-Amer PubDebenture 6 Ms 1943 w w..A&0 A&O Inspiration Consolidated Copper 1st mtge conv 4s 1952.._A&O Inter City Baking 5Ms 1948.J&J Loew's 72 5 74 M 1st extended 6 Ms 1946 F&A industrial Acceptance 4s 1952 J&J 1951 34 co 73 Indiana Ice & Fuel 6Ms *47.M&N nd Limestone inc 6s 1952.. M&N / Prior lien s f 6s 1942 M&N J&J Logan County Coal 7s 1942.M&N 1st ext'd l-4s 1956 M&N A&O miependent Brewing 6s )55.J&J Indian Refining 5s Dec 1 1941... . 31M Lo.illardiP) Co 5s, 1951 Inoeruational Match Corp— Wares— A&O Georgia MarBle isf 6s 195ft.JVLvN 52 30 III Car & Equip 5s 1948. J&J il.-wder Steel tatge 6s 1948... F&A f 34 F&A Stamped 19) 1 Sec 6% notes ext ro 1943-_J&J Stamped 1943 Leonard Tletz—Set Tletz Leipzig Trade Pair s I953.M&N / Libby McNeil & Libby— 9 5 17 Interlake Iron Oorp— Conv deb s f 4s 1947 4 4*8 ser A 1952 German Bldg & L'd Bk 6Ms Glen Alden Coal M s f 4s '65 Hungarian Central Mutual Credit Mfg 7s 1937 J&J Hungarian Disc & Exch Bank35-yr s f 7s 1963 J&J / Hungarian-Italian Bank LtdSinking fund 7 Ms 1963 A&O j / Hydr Press Brick 6s 1944—A&O / Hygrade rood Products Corp— 1st mtge 3s ser F 1961 Finance— See Investing Companies. Gen Kayou deo 6s 1948 w w.v—~ Gen St I Cast 1st 5 Ms 49 w w_J&J Gobel 40" 102 / / / o>TIS General 65 35M 50 M 100 General Cable Corp— 1st mtge *f 5M® 1947 ser A. J&J General Electric (Germany)- General 37 M , _ J&D J&J A 1951 Ref 5M« series B 1954; Ref 5Ms series neb 36 M 28M 45 / 6s 1949 series B 31M 27 M J&J 1st & ref 6s Jan 1949 A 110 O) Coke 5s to 1944-J&J Gair (Kobt > lue< me notet- 6s Galveston Wharf Co—, 40 103 M 1st mtge 6s 1946 33 M 34 M 32M F&A Lincoln-Boyle Ice 6s 1947 -.A&O Lion Oil Ret deb 4Ms 1952..A&O Day Line— 69M 66 F&A 1st mtge s f 4s 1955 102 M&N 1st 5s 1962 A..J&D Coal 62 60 1954 Gold Bonds 5s 30 99% 62 M Liberty Baking 6Ms 1944...M&S Liggett & Myors g 7s 1944.-A&O 29 26 Texas— 4Mss f debs 1954 Hudson J&D Stamped 1964 1st & ref 5s 1974 89 M " 71" income 1975 Stamped 87 H 70 mtge & N'a\ fund 4s '48 J&J Cons S f g 4Mb 1954 J&J Cons s f 4 Ms 1954 ser O..J&J 1st & ref 5a 1964 102 M 76 101M 102 H 1st Lehigh C 1st & ref 5s 1954 82 .j&J Hoberg Paper Mills 5s 1946 -J&J Hoe (R) & Co 5-7s 1944 WS..A&0 4 M 6 Ms 1st mtge 1944...A&O Holly Sugar Oorp— 1st 3 Ms 1941 A&O 1st 3 Ms 1942 A&O 1st 4sl947 A&O Home Serv Oorp 6s 1957 A&O Home Service (Portland. Ore)lst coll 3-5s 1950 A&O Housing & Realty Improv(Berlin) 1st 7s 1946 M&N / Houston Od Co of ous Bid Lehigh Valley Coal — 1st 5s stamped 1944 93 Hines <^and & Timber 6s "4S -J&J Bonds Lautaro Nitrate Co— Hey wood-Wakefield 5s 1946 J&D Hightstown Rug 6Ms w w 1944.. Hill Mfg Co ext 6s 1945 M&N 63 J&-J 20-year 4s s f deb I Ask Healey Petroleum deb 5s 1948 J&J 105 M 75 Empire Properties Corp 2-os 1945 Empire Sheet A Tin Plate— 1st conv s 1 6s 1943 __A&0 Emporium Capwell Corp— 1st 4s 88 105 Eljer Company 5s 1951......— Elk Horn Coal Corp— Coil s f 48 1956 ....J&L 4% notes 1942 Ernesto Breda 7s 1954 Bid Bonds Haytian Corp of America— 111. 29 M b Basis. /This price includes accrued Interest. k Last sale. n Nominal, r Canadian price. INDUSTRIAL DEC., 1940] 03 MISCELLANEOUS BONDS & NOTICE—All bond prices are "and Interest" except where marked "f" and Income and defaulted Quotations for all securities are as near as possible for the closing day of the month preceding the date of *52-A&O Nat Dairy Prod3w w"51 M&N Natl Debenture Corp 4-6s 1953— National 11994475683— Ask 103 X 106 105 X 49 Distillers Products— ' Conv 3Xs debs 1949 National Fire Proofing Co— 104 X M&S 105 1st M conv 5Xs A 1940.M&N Cum conv inc 6s 1952—M&N 90 95 13 15X 1947—A&O Mtge M&N 70 Natl Grocers Ltd 4s National Hungarian Ind Inst 7s 1948 3 Nat Ice & Cold Storage (Calif)-— 1st s f ext 3X«-6s j952 National Industrial Loan— See Investing 55 J&D Companies National Radiator Corp— 24 1946--M&S Cum Income deb 5s National Steel Corp— Serial notes 1 % 1942 National A&O A&O — 1941 107 X 100 X A&O A&O A&O A&O A&O A&O A&O A&O 1st collM 3s 1905 100 X Supply— 100X 101X ioix 101X Nat Union Mtge g — - - - ~ - - -. - - — •• - *. J&J — ^ - * 80"" 23"" 20 Shaker Co inc 7s 1936 103 X 101 t 103 o 2X 104 X 101X 102 X 90X 96 92 X 92" 98 85 49 52" 47 49 54" Pressed Steel Car Co 5s '51--J&J Price Bros & Co Ltd— 93 —M&S M&S 67 69 66 68 M&S 98 96" 87 105 101 lsts f5s 1953... 92 J&D 7s 1946 J&D JNew York World's Fair 1939— 94 X 95 95 % 97 J&J 18X 19X 6s stamped 1946 Partic deb 2d mtge 58 Corp 4s 1952 M&N Nordberg Mfg Co 1st 6s 1943M&S Nivelle 102 Equip trust 4X* Aug 1 '41-'46. Equip trust 4Xs Nov 25 '41-'42 Equipt tr 4X8 1941-47.J&D15 4.40 4.25 3.85% 3.50% 4.40 3.85% Equip trust 5X® Sept 1 '4l-'44 American Cement Corp— 6Xs 1943 M&S Income 6Xs 1953 M&S 4.50 3.50% North 96 X — . 46 X 82 1944.J&J 88 Lloyd— 60 42 3.40 1st mtge 5s to 1948 Debenture 6s 1943 99 97 M&N 2.50% 98 X 98 M&N ..M&N 1st 4s 1940-1947 2.25% 3.00% 3.00 J&D N'west Pub's Deb4Xs 1948.J&J 98 9X 100X 1937. Barb 104X 11X Wire Co— Shippers Oar Line— Equip trust 5s E 1941-42—A&O Shuron-Optical 6s 1951 3.00 96 Halske— Deb g 8 f 6 Hs '51 with war M&S Deb 6s 2930 Ann Apr / 200 75 9ignode Steel Strap 3Xa '45-A&O 67 Silesian-Am Corp 7s 1941 F&A 78 X Rilverw'd Dairies 5s *41 to '51 J&J 103 Simmons Co Conv deb 4s'52A&0 Simpsons Ltd— 1st & coll 4Xs A 1951 J&J Skelly Oil 3s deb 1950 F&A Slattery Co Inc 5Xs 1954 J&J Smith (Howard) Paper Mills Ltd 1st 4Xs 1951 —-J&D Smith (1, O) & Corona Tvpewr'rs Deb 3X % to 4 X % to 1946 .J&J 71 103 X 98 71 73 100 X tol02X Serial debs 2s Nov 1 1941-45... Smith & Wesson 90 5Xs 1948--J&J • 107 X J&J 3s debentures 1964 South Coast Corp— Gen mtge inc 6s April 1950 Southern Advance Bat? & Pan^r— 1st mtge s f 4Xs 1955 Southern Brighton Mills— 1st gtd 7s 1940— 1st gtd 6X« 1940 83 99 X M&N 75 J&D J&D Ice & 86 100 X 80 55 A&O 83 6s 1946.F&A 100 Sou Southern Kraft Oorp— 1st leasehold 4Xs 1940 Util conv - 102 X J&D Southern New England Ice— 1st s f 4 Xs 1967 A&O 95 107 X Southern Ice Co— 1st & ref 5-8» 1942 100X 100X 100 X > 62X S'westLumb Mills 5s 1955—M&N 1st 48 23 X 59 103 M&S 102 X 103 _ 104 X 105 X 105 X 67 X 104 X 105 X 105 X 69X 12 6X 106 X 106 X 20 J&J 15-yr 2Xs deb 1953 102 X 4Xsser B 1961.F&A O 1950 M&N 5X.8 '54.M&N Restigouche Paper Ltd 6s '48F&A 12 47 5s 1944 Stand Textile Prod 6X« 66 M&S Purchase money / / Spalding (A G) & Bros 5s '89M&N / f 102 X 102 X Gen mtge 4Xs ser 1950 IStandard Ice 1st 6s 1947-.-.F&A Standard Oil Co (N J)— Debenture 3s 1961 J&D 102 64 w s Conv income 101X Gen mtge 39X A&O Southwest Dairy Products— 101 & Dec 1 *41 & Dec 1 *42 & Dec 1 '43 Dec 1 1944. Dec 1 1945. & Dec 1 *46 & Dec 1 '47 2X-2_X% June 1& Dec Railway W house 4-6s (w-«) 4/Rea'ty Bond & Mtge deb 4-0s '53. Reliance Grain Ltd 4Xs 1952-J&J '42 M&S 99 Stanly-Rowl-Clark 6s 1946--F&A Starrett Corporation— Secured cum Inc 3-5s Apr 1950 Stern Brothers 6s s f 1947 J&D 18 95 Stevens & Thompson Paper— 1st ext 3Xs (w-s), 1958.M&S 47 44 Without stock Stillwater Worsted Mills— 99 X F&A Corp— 1946 A&O Stinnes (Hugo) Industries— 7s 2d stamped 1940 J&J Certificates of deposit Strange (John) Paper 6s '44--J&J Strawbridge & Clothier— 1st s f 5s 1948 M&S Deb 5Xs A1943 — Stinnes (Hugo) 102 X 4 X8 s f 1956 J&J 1st mtges f 3Xs 1960—M&N Reynolds Met deb 3 Xs '51—J&D Rheem Mfg conv 5s 1948 .A&O 1st mtge 7s 102 102X 101 102 X 105 1946——J&J 3Xs assented 1946 Rhine-Main-Danube 7s '50 M&S Rheinelbe 99 X 91 J&J 36 Revere Copper & Brass Northern Redwood Lumber— f 6s 1947 Southern United Ice Co— June 1 June 1 1 X-l X % June 1 1 X-2% June 1 & 2-2X % June 1 & 2 X-2 X % June 1 2X-2X% June 1 4X8 without warr'ts 1950 Republic Steel Corp— 2.75 Equip trust 4s ser I Jan 1 '41-'43 Equip tr 4s ser J 1940.46.J&D Eq tr 3Xs ser K 1941-48.-A&O Northern Elec & Nor Pap Mills— 80 Serlalnotes— Remington Rand inc— 20-yr fleb 4 X® w w 1956 ' Corp— 15 34 ..M&N . Queen Dyeing 1st 5s 1944—J&J / Ra iio-Keitb-Orpheum Oorp— Midwest Corp ref 6s 1940.M&N Railway Express Agency Inc— 1 X-l X % 1 X-l X % North American Car— 20-yr s f 6s 1947 M&N Now 6-4% 1947 M&N North Western Refrigerator Line 78 104 X Quaker City Cold Storage— 91 Nor Amer Refract 6Xs 26 1947—M&N Purity Bakeries 5s 1948 J&J Prov Paper Ltd 5Xs Shipbuilding 1st 5s '46.M&N Rock Corp— 1st mtge s f 6s 1946 J&D 1941 98X A&O 1946 7s s 25 X Socony-Vacuum Oil Co— 1st Income 6s 1958 J&D Protestant Church of Germany— 97 X 4 50 X M&S M&N Serial debs 3s Nov 1 1946-50. 95 X Produce Term & Cold Storage— 93 Union Oil Siemens & 100 101X 90 X S ieli 1st 46 56 97 X 2 Xs debs 1954 J&J Sheridan-Wyoming Coal Co— Shaffer Oil & Ref 6s 1933 Potrero Sug 7s stmp 1947..M&N Pratt Cons Coal 1st s f 5s 65 J&J 58 N Y Northwestern 103 X 105 49 54 X 100 103 X 52 57 X New York Trap 6s "ix 82 ..A&O 74 '41--J&D 4Xs 1948 J&D Securities Acceptance Corp— See Investing Companies. Seneca Copper Corp 7s 1933.J&J 107X / 4p 1951-F&A 1947 A&O 1st conv 3-6s 1951 Deb X 4-6s 1953 1953. 1953 Realty Atl Deb Corp— 2d conv deb 4s 1957— 1st 3Xs 1941-1943 101X Scullin Steel Co— 107 5s to 1942 M&S Potomac Bond Corp 3-5s 1953— Potomac Cons Deb Corp 4-6s '53- 1st 5s 1957 Bid Scripps (E W) deb 5Xs 1943 F&A Seattle Times deb 4Xs 109 4-6s 1953 — .... 3 Royal Pulp & Paper— Potomac — 75 X 98 104 Vs 17 Potomac Md Deb Corp 4-6s „ North German 104 X 102 X Potomac Deb Corp 106 99 NYLE&WC&R R— 1st 6s ekt 5X% 1942 M&N / N Y L E & W Dock & lmpt— Extended at 5% to 1943—J&J Deb 4s 75 Bonds Ask 71 „|/ 101X stamped 1942 Certificates of deposit— Port 37 42F&A 6s'43-J&J 6s — - Phillips Elec Works 5s 1953.F&A Phillips Petr 3s conv deb '48.M&S r'hoenix Iron Istsf 6s 1946.M&N Phoenix Silk Mfg 7s 1943...F&A dickering Lumber 4s 1952. .M&N Pine Hill Collieries 1st 6s &'42 AO Pittsb Brewing 6s Feb 4 '49...T&J Pittsburgh Coal deb 6s *49—F&A Pittsburgh Coke & Iron Co— 1st mtge conv 4 X «1952—M&S Pitts Crucible Steel 5s to '45.M&S °ltts Steel s f 08 1948 F&A Pitts Term W'house & Transfer— 1st rei 5s 1936 M&N If Pocahontas Consol Collieries— 1st gold 58 1957 J&J Poor & Co s f deb 4s 1946—A&O Portld Woolen Mills 6 Xs*44 M&N Porto Rican Amer Tobacco— / Conv 6s 1942 J&J. Certificates of deposit / Potomac Franklin Deb 4-6s New Eng Laundries 5s 1950.J&J New Niquero Sug 3X8'40-'42-J&J / Y Dod Co 'st — 102 X 4-08 A '54—J&J B 1954 Nekoosa-Edwards Pap Conv 5% notes • * _ 3-5s series N - - 102 X 1943—-A&O f Coll tr s f 6Xs 107X 102 105X 1st M 3Xs 1954 J&D National Terminal^ Corp— Gen & coll sf 6Hs 1940—-A&O / 28X Natl Tool con v deb 6s w w Bid Bonds Bid 102 X Bonds Nat Container deb 5Xs bonda Issue 106X 36 Union 7s 30 „ 30X 2d stamped 44 44 100 103 X W1945-F&A 96 97 5Xs without warr 1945.F&A Nova Scotia Steel & Coal— 1st conv s f 3Xs 1963 J&J 96 97 58 60 OceanSSCo(Savannah) 5s '43J&J 84 O'Connor Moffat deb 6s 1948F&A 86 Rhode Island Ice 5s w-« '51—F&A Richardson & Boynton Co— < )um income 4s 1945 J&J Richfield Oil of California— Conv e f 4s 1952 M&S M&S 9 10 17 Richmond Cedar Works 6s 1953Ricbmond Hos Mills 5s 1948-F&A 49 51 Richmond (Va) Ice Co— 1st & ref 5-6Xs 1947 Sugar Pine Lumber Co— 1st M serial 6s 1940-1942.M&S / A&O 34 Summerfield Hecht— M&N Rima Steel Corp 1st s f 7s '55 F&A Riordon Pulp & Paper Ltd— 1st 6s June 30 1942— -J&D30 86 1st mtge s f 5Xsw O'Gara Coal 1st inc 5s 1955 Ohmer Fare Register 7s 1938.J&J 49 X 9 92 X Ontonagon Fibre Co 6Xs 1944— 48 Oregon-Am Lumber 6s 1942-A&O 99 X Oregon Pulp & P 6s to *45--M&N 21 Oreg Terminals inc 5s 1945.-A&O 67X Osgood Co deb g 0s 1943 J&D Oswego Fallc Corp— 103 X 4Xs without warrants1952 M&S 85 X Otis Steel s f 4Xo A 1962—J&J Pac Coast Cement 6s A 1942-J&D 82 Pacific Coast Co 5s 1946 J&D 58 Pacific Western 0113X 1949.F&A 98 X Pan-Amer Industrial 7s *37.M&S / Pan Amer Petrol Co (of Calif)— 1st conv a f 0s 1940 J&D15 / 43 X Certificates of deposit / 43 X Panhandle Eastern Pipe Line— 102 X 1st mtge & lien 4s 1952—M&S Paramount Pictures 3 Xs '47.M&S 93 X ^ Par melee 11 6s 1944 A&O River Raisin Pap 1st 6s '45--F&A Roberts & Oake (Chi) 6s '44.M&N 104 X 86 X 1 45 45 103 X 96 X 45X 73 r-io ! ■ (Portland Me) 4s 1958—A&O 3-3X8 1940-1948 A&O Roman Catholic Church 6Xs 1946 Rom Cath .Church Welfarq 7s 1946 A&O Ruhr Chemical 6s 1948 Ruhr 107 40 8t Louis Amuse't 100 x Rocky Mt 5s 1955 stamped Saliex Looms Inc 6s -J&J ._ *6"" 104 X 1946 J&J Stamped (July 1933 coup on) Guar s f 0X8 1946 ser B—A&O Schulco Co 6Xs 45 109 X 16 X 3X Stamped Schulze Baking 1st 6s 1945--M&S Scovill Mfg 3Xs debs 1950—J&J 18 73 Swift & Co 3Xs 1950 'Called for redemption: 99 X 4X M&N -J&D Taylor-Warton Iron & Steel— Coll inc 7Xs July 1 1958. A&O 105 26 Tenn Coal Iron & RR 5s 1951 J&J 127 26 25 Term 104 103 X 106 105X 98 Taggart Bros Co 6s 1944 96 - Refrig & Warehouse Corp— 4 X® 1948 A&O Term Warehouse 2d 5s '42--J&J 98 100 52 Texas 2 Corporation— 3% debentures 1959--—-A&O 3s debentures 1965 M&N 106 X 75 80 22 X 23 42 96 X 98" Three Rivers Grain & Elevator— 1st s f 5Xs ser A 1651 Ttetz (Leonard) 7Xsx-w 108 106 X 107 X Corp 6s '44.F&A / w w 1951—J&D Texas Sugar Ret Thermoid Co 5s 41 8X 10 r 98 *46.J&J / 31 M&S 85 35" Tilden Lumb & Mills6Xs'46M&S f Tivoli Brewing conv 5s 1947 Tomahawk Kraft Paper— J&D ..A&O 1st 5s (withstk) 1951 26 X 26 X Trask Timber 1st 3s 1944—J&D 26 X 78 87 X 90 93 67 72" Ulen & Co— 7X Uchi Gold Mines 1st 6s 1941 J&D 8X 76 X 33 39 X 36* 6a May 1 1942 ser A 3s debentures 1959 53 Union Rock 1st 6s a f 1947 98 99 United Amusement 1st s f 5s ser 108 106X M&S / 14 F&A —F&A 33 108 49 Union Oil Co of California— 45 X 49 X 107 8X Conv 6s 4th stamp 1950-_ F&A Unified Deben Oorp 3-6s 1955— 111 106X 16 Corp— A 1956 United Biscuit deb 3 Ha 5 Basis. 22 .M&N 17 & Pacific— 1954—A&O 90 81X 71 . Saratoga Victory Mills— 6Xs with warrants 1943—J&J Saxon Pub Wks (Germany)-— 1st extl s f 7s 1945 F&A Gen & ref 6Xs 1951 M&N 6% notes 1937 J&J Sayre & Fisher Brick 6s 1947. J&J Schoenstadt (H) & Son 6s 1950 — 4X 12 F&A J&J Superior Oil 3Xs debs 1950-A&O Susquehanna Silk MillsSink fund deb 5s 1938—_ J&D / 20 96 St Louis 1 M&S / 1951 6s Jan 1 1951 105 100X 1st 6s '45-A&0 1st extd 6s stamped 1945-M&N St Louis Gas & Coke Corp— 1st M s f 6s 1947J&D / 92 X 105 Sunlight Coal Co 5s 1947 Superior Elevator & Forwadlng— 26 St Louis Car Co— Sugar Estates of Oriente— 1st 78 1942 ctfs of dep Extended 3-5s 9 J&J '40-M&N Housing 6Xs 1958— Sahara Coal inc deb 5s 44 X Peabody Coal Co (Oonsol Co) 1st b f 5s 1953 ser A..... .M&N 100X 99 Peerless Cement 1st 5s 1948--J&J Penman's Ltd 1st 5X® '51—M&N 73 95 Penn Amer Coal 0s 1941-56..J&J Penn Dairies 1st s f 6s 1949—J&J 95 Penn Mercantile Properties— Secured s f 4s 1961 J&J Penna Cent Brewing 6s 1937 A&O Pennsylvania Glass Hand Corp— 1st mtge s f 3Xs I960 J&D Pettibone Mulliken— 6a w w 1943 M&S / 42 109 Phelps Dodge 3X» 1952 J&D Phila & Read C & I 5s 1973.-J&J / 16X Conv deb 6s 1949 M&S / 3X Rocky Mtn Fuel 2Xs 1943.-A&O Rolland Pap 1st 4Xs A '51-M&N Roman Catholic Bishop 106 X Struthers Wells Titusville— 1st mtges f 5X» ww 1949.A&O Studebaker Corp 6s 1945 J&J Stutz Motor Car 7 Xs 1937-_A&0 4 . 62 X 100 x 70 1 f. Richmond Radiator 5s 1948 Transportation Co- S f conv deb Paton Mfg Ltd 1st 4Xs '56.M&8 5 „ 15 Old Ben Coal Corp 6s (w s) 1948 Inc deb 7 Xs (w s) Aug 1 1953. 35 F&A '55.A&O 68 107 X 108* see page 111. % Quotations based on $84.50 of principal amount; 6% was paid on July 2, 5X% on Sept. 25 and 5% in Oct. / This price includes accrued interest, k Last sale, n Nominal, r Canadian funds. 84 INDUSTRIAL 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 Bid Bonds United Oigar-Whelan Stores— S f 6s Oct 1 1962 --A&O United Corps Ltd inc 5s 1953 F&A United Drugs 6s 1953 78% 97 % J&J 79 100 67 67 35 69 5 Cum incls-4s 87 80 69 It*. »S—1 70 i 100% 100% 100% (Hiram )-G & W— 4Mb 1945 J&D 104% Waltham W'tch & Cl'k 6s '43 J&D 103 Walton Lumber 1st 6 Mb "41 Q-Jan / 40 101 Walworth Co 6s ioI% s f deb 1955.A&O 20-yr 1st mtge 4s 1955 101 82 18" 101% Warren 5 Mb 103 1937 notes mm mm mm — — Western Auto mm — — M&S / — 37 36% _ M — mm mm •» 91% 30 94 94 54 104% 97 NY Prod Exch Assoc membersh- 977 100 267 25 99" Baltimore Stk Exch 75 127 10 5 3 Boston Stock Exch. 2.500 2,500 550 510 475 1,500 Cleveland Stk Exch 2,250 1,600 2,000 Detroit Stock Exch 58 Ft Worth Gr & Cot 65 650 350 1.50 1.20% Kan City (Bd of Tr) 213 4,100 87 Van Dorn Iron Wks 7s June 11942 85 Wilson & Co 4s A 1930 Conv debs ser 39 Los Ang Stock Exch Milw Grain & Stk. 157 150 58% Minn Ch of Comm. 523 750 800 18 Montreal Curb Ex. Montreal Stock Ex. 100 1.000 H.750 118.000 3"565 103% 44 44 106% 600 1/80 Ex 500 350 Phila Stock Exch.. 70 200 "415 300 350 100 Exch- 100 St Louis Exchange Salt Lake Stock Ex. 42 43 500 13 San Fran Stock Ex. 69 16,500 18% 20 Seattle Stock Exch 1 27 75 Seattle Curb & M. J Toronto Stock Exch 113 t14,500 "450 500 13 12 b Basis. "150 450 f'ittsb 106% 107 Stock . 12% 88 20 106% 102% A&O Called for redempttion; see page 111. x Ex-interest, y 80 seas, 70 members. New Orl Cotton 70 New Orl Stock Ex. 1952 A 1955—J&J a 650 3",500 Vtinn-St P Stk Ex. J&J M&S 3%s 1947 375 56% Prior lien 7s certificates 1935 ser 41 600 37 F&A J&J Secured 6s 1945 Wilbur-Suchard 4s 5-year 7s 100 Union— 1st 4s 1953. 3.800 500 1.10% J&J 125 100 , i— Chicago Bd of Tr__ 1,549 Chic Merc Exch A. 473 Chicago Stock Exch 336 1.40 62 104% 104% Last sale 99 M 90 95 57% 104 Wheeling Steel Corp— 1st M s f 4Mb ser A 1966--F&A Whitaker Paper 7s 1942 M&N Wickwire Spencer Steel— 7s certificates of deposit 1935 69 104% 104% SEATS No. 91 Weyenberg Shoe Mfg— Debenture 4%s 1945 J&D Wheeler Osgood Co 6s 1941 _M&S — 104 Exch...1,375 $33,000 $33,000 $40,000 N Y Cotton Exch.. 450 3 250 3,500 3,050 N Y Oof & Sug Ex. 344 1,600 1,750 N Y Curb Exch... 550 6.900 410 400 '500 Commodity Exch.. 881 .M&S Western Newspaper Conv deb 6s 1944 —. M&S f 3 %s ser D '60 M&N Eq tr 4Mb ser D 1941-44—J&D 4%sserE 1941-1945 M&N — —- s EXCHANGE Supply Co Western Grain Co 6s 1949 mm 103 J&D 3%ssfdebs 1955 Western Fruit Express— 102% _ 56% 52 M&N M&N 1st mtge 3s 1954 103% . M&S / 1941 f deb 6s s 100% 99 95 N Y Stock Watab Paper 1st 6%s 1942--J&J Webster C&O 1st g 5s '42 op M&S West Va Pgh Coal 6s 1947 / West Va Pulp & Paper Co— 103 35% 91 A&O 1944 Warren (S D) Co— 1st mtge s f 4Mb 1952 Conv deb 4Mb 1952 103% 32% 35 35 Conv 4s debs 1948 Bros Co— Conv M. 75 99% 84 Warner Co 1st 6s Warner-Quinlan Co 6s 1939.M&S / Warner Sugar Corp 7s 1939.J&J / 101% 102% 102% 102% 102% 104% 91% 50 15% 88 95 Youngstown Sheet & Tube— 1st M s f 48 ser O 1961 M&N 79 91% 103 Valvoline Oil ext 5s 1947.-M&N Van Camp's Inc 1st 6s 1943..J&J Sale price, 78% 101% / / / J&J / / t Canadian dollar value. A&O 102 103% 66" M&S 100 92 100 1st mtge - 100 99 Yates-Am Mach 3-6%s '44-A&O York Ice Mach 6s 1947 A&O Debenture 6s 1943 J&D Warner Bros Pictures— 6s debentures 1948 99 J&J 6s 1942 104% lOO" 99 2d conv inc 5s 1962.-Ann Apr Woodward & Tiernan Print— 1 1 94 102% 102% 102% 1 92 101% 101% 101% 102% 102% 102% 102% 102% 103% 102% 103% 1 1 45 68 4s series A 1 001 1943 M&N 4s-4%s '61—F&A 4-5s 1954 J&D Utilities Elkhorn Coal 6s 1948 J&J s 11 1 81 40 3%s series A 1942-1945—J&J 1946-1947 J&J 4Mb series A 1952 J&J Woodward Iron 1st lien 5s *62J&J 1 5 Deb 82 79 Woods Bros Corp 6s 1937--A&O Woods Mfg Co Ltd 1st 3s to 41 J&J Walker 100 —J&D 6>^s series C 1951 100% 100% 100 —-J&D / %s assented A 1951 Canadian price, 37 Walker Coal & Ice 6s 1945-M&S 7 Mb 75 101 Extend Income 6s 1963...M&N Wood & English coll 7s *39—M&N 94 46 1st 100 J Mb assented O 1951 6%s series A 1947 S Mb assented A 1947 United Stockyards Corp— I 15-yrcolltr4%s A ww'51 A&O Universal Sewer Pipe 6s 1943-J&J Utah Ice & Storage (Colo)— r 33 Wabasso Oot'n 99% M&S 4 Wise Lime & Cement 6s '38.A&0 5 / 70 Wither bee Sherman Inc— 4 Va Iron Coal & Coke 5s '49.M&S Vulcanite Portland Cement— . 85 9M B 1979 ser Ask Bid Winslow Bros & Smith— 70 Virginia Hot Springs Co Inc— 2d mtge 1 %-4s ser A 1979—- 33 .50% due May 1 1941. .625% due Nov 1 1941. .75% due May 1 1942.875% due Nov 1 1942. 1.00% due May 1 19431.125% due Nov 1 1943 1.25% due May 11944 1.375% due Nov 1 1944 1.50% due May 1 19451.625% due Nov 1 19451.75% due May 1 1946 1.80% due Nov 1 1946 1.85% due May 11947 1.90% due Nov 1 1947 1.95% due May 11948 2.00% due Nov 11948 2.05% due May 11949 2.10% due Nov 1 1949 2.15% due May 11950 2.20% due Nov 1 1950 2.25% due May 1 1951 2.30% due Nov 1 1951 2.35% due May 11952 2.40% due Nov 1 1952 2.45% due May 11953 2.50% due Nov 1 1953. 2.55% due May 1 1954. 2.60% due Nov 1 1954. 2.65% due May 1 1955 United Steel Works (Germany)— .. Bonds 5%s 1943 Certificates of deposit. debentures— 6%s series A 1951 Ask 80 Yiau Biscuit Oprp 6 Mb '46—J&J Vicana Sugar Co 6s 1955 J&J Victor Fuel 1st s f g 5s 1953--J&J Va Hardwood Lumber 6s *42-J&D 69 33 — 3 1st coll conv 5s 1951 A&O Vertientes Sugar 1st 7s 1942— 63 5 %s series B 1949 M&N United Industrial 1st 6s 1945-J&D Deb 6%s 1941 M&N U 8 Finishing 5s 1944 J&J U S Radiator Corp— conv deb s f 5s 1946 F&A United States Steel Corp— Serial 71 68* M&S15 _ Bid Bonds Wilson (W P) inc 6%s 1945-M&N United Elec Coal Cos inc 7s 1946United Grain Growers Ltd 5s series A 1948- Ask 106% Washington Stk Ex 40 Winnipeg Gr Exch. 464 i"66o 15,000 18,000 1,250 2",665 Too 255 103 300 "250 tl.275 /This price includes accrued interest. k Last sale. n Nominal. Joint Stock Land Bank Bonds and Stocks Quotations Bonds Bid Atlanta %s, l%s Atlantic 1 %s. 1 %s r r Bonds Lincoln 4%s Lincoln 5s 99 r for the last day of the month preceding the date of issue. Ask 99 Burlington-. Chicago Denver 1 %s, 3s First Carolina l%s,2s First Montgomery 3s, 3%s First New Orleans Is, 2s_. First Texas 2s, 2%s First Trust oi Chicago— Refunding 1 & l%s Fletcher %s. 3%s Fremont 4%s, 5%s Illinois Midwest 4%s, 5s__. Indianapolis 5s Iowa 4%s, 4%s Lafayette %s, 2s are 7 9 2 2% 84 - Oregon Washington Pennsylvania l%s. l%s. 99 Phoenix 5s Phoenix 4%s Potomac l%s First Carolinas %s, 2s 1 5 100 95 100 ...--100 35 102 40 115 130 100 Potomac Southern Minnesota..... Southwest (Ark.) 5s Union Detroit 2%s 84 Virginian Is, l%s 18 2 115 125 North Carolina 99 70 99% 62 60 100 23" Pennsylvania 21 55 14 84 100 100 Lincoln New York 99% 56 100 -.100 Fremont 101 52 84 100 Des Moines 98% r San Antonio Denver 46"" 101 St. Louis 99 88 99 35 r Ask 80 48 80 100 86 North Carolina %s, l%s 99 ... Bid 100 100 Atlantic Dallas 89 99 99 Par Atlanta 87 .... Lincoln 5%3 New York 5s 99% 99 Stocks Ask Bid 5 6 9 99 100 98 13% r 14% San Antonio Virginia Virginia-Carolina 99 5 ...100 2% 80 3 90 99 Company in receivership. Quotation shown is for all maturities. Investing Companies Stocks and Bonds Concluded from page 72 Stocks and Bonds Par Bid Ask Per Seaboard Commercial.. Preferred w w Seaboard $2 $2 cum cum 10 50 35 Finance Corp 1 5 pref ww preferred * * 23 Seoond Carey Trust 100 Second Investors $3 prior pref-25 $1.50 convertible preferred Securities Acceptance Corp— Common 5 12 Stocks and Bonds 14 38 6 40 31 7 35' 6.48 14.54 2% 8.20 Am 2 5s 1 1952 M&S 2.19 8.95 66% Jk* 55 * * 72% J&J 107}f 6% cum preferred Warrants 5s conv deb 1953 9% £1 % 2 Trusteed Amer Bank Shares B 25c ♦Series B Union Investment Vi .49 s'4 8&* .74 .83 1.15 1.25 2.17 1 2.11 1 common — * 107%4 Voting shares 1st pref with Ask share ..1 25c O 5.16 4.70 2% 99 14g 86c U S & Foreign Securities com--* $6 1st preferred.. * U. S. & International Sec.. * * warrants Util Equities Corp com 10c $5.50 priority stock 1 Utility & Industrial Corp.—... Convertible preferred.... 7 Wellington Fund 1 Western Reserve Investing— « Deb % ser Conv deb 5s 1946 M&S U S Elec Light & Pow tr ctf A Trust ctfs series B 42 48 Bid 1 Industry Shares Trustee N Y Bank Shares .. 34 Corp.. Tri-Oontinental 2% 48% 5 £l 50 47 —-* M&S 63% * Trusteed 11% ♦Trustee Standard Oil shares A.l * ...9 50 Par Per ♦Trustee Stand Invest ♦Class D 26c dep rets ordinary Am dep rets deferred Transamerica Corp % 47 1942— 10 21c 1 5%% partic preferred: 3.78 5 1 F&A 5%s 1944 3% 86 58*' 48^ % is1!! 100 % 86 82 Quotations not furnished by sponsoror issuer. * -50c Tobacco & Allied Stocks Inc Tobacco Securities Trust Ltd— lOi" 99 25 4%s Mar March 25 101 1 99 com Allotment certificates—...... Bhawmut Bank Inv Trust- ♦ 5.86 13.70 1 Class AA Securities Invest com Preferred 100 Selected Amer Shares Inc ....2% Selected Income Shares........ 1 Common.—. 1 * Talcott (James) com 23 $5.50 prior stock Convertible stock com Spencer Trask Fund Inc Standard Amer Trust Shares Standard Investing Corp— $5.60 preferred w w Standard Utilities Inc ♦State St Investment Corp Stocks and Bonds share Super Corp rf Amer— 4 6% preferred 25 4%s conv debenture 1950-J&J Securities Corp General com—* Selected Industries Ask Bid Per Sovereign Invest. Inc., 25% 25% 23 35 Par share * No par value. e Ex. coupons. /Flat price. k Last sale. n Nominal, x Ex-dividend. Industrial and Miscellaneous Stocks ' i Quotations for all securities are as near as Stocks Par Stocks Ask Bid Per Par possible for the closing day of the month preceding the date of Issue Per share share WInget 634 10 Co common 16 Atlantic Rayon Bates Mfg. 76 3)4 28)4 354 4)4 Apponaug Co.. * Arlington Mills..100 1 100 100 3f* 4)4 634 90 10 Preferred 4 Beaunit Mills if* 1434 pref_20 conv Pine * * Spinning Co 5% preferred AH 49 Beott Mills 33 Borden (Richard) Mfg Co com * Border City Mfg 100 Botany Worsted— 6 7)4 10 Mills class A....5 Preferred 10 Bourne Mills * 3 2)4 6)4 5)4 100 27 22 Cleve Worsted Mill Common * 72 Process.-* of Fruit 14 ♦ 100 Draper Corp Farr Alpaca the Globe 29 Loom Cotton * Hartford Rayon vtcl "X loli 10634 20 4 22 76 81 (Baltimore)... 100 4 5 100 71 75 JH ..100 29 32 Rayon class A..25 11 13 75 8% preferred.. 100 * Nonquitt Mills * North Amer Rayon— 54 1634 19% 96 6)4 Consol Mining Bol Inca 8 1 1 50 5% preferred—50 24 Bulolo Gold 5 14)4 12)4 13 )4 15 Callahan 13 Sull'n M & 18 20 27 14)4 1634 10 Zinc-Lead 1 "3 54 43 12 47 » 82 86 33 30 75 Copper 36 100 Consol 5 Copper 42 Wayne Knit Mills .5 1454 18 25 Dome Mines Ltd..* 28 Eagle Pkh Lead.. 10 Preferred 100 66 120 50 1 * Mill pref.. 100 130" Mills.. 100 Cotton. Nat Yarn Mills ..50 100 Inc 74 80 23 28 — 58 a. 64 61 - 66 21 59 63 2 Mfg 20 W) Mfg.. 100 66 American shares.* 65 75 8)4 9)4 121 50 6 8 10 Power common-.5 Copper Co Mining 104 12 14 97 101 Franklin * 15 X Southern 6% 83 8)4 Worsted— 84 100 87 119 70" 68 100 Mills 80 * 56" 52 100 102 Appleton Co $6 preferred common. 6)4% pref Common 1 .25 1 Kennecott Copper.* KUdun Mining 1 King David Min.50c KIrkland LakeGold 1 Shore Mines. 1 Cap Gold Mini Magma Copper Col 0 McIntyrePorcuplne5 Miami Copper 5 Mining Corp of 100 100 New Jersey Zinc..25 Newmont Mining.10 18 20 N Y A Noranda 5 10 25 8)4 654 9)4 W4 50 34 37 6)4 18)4 1334 13 54 4 434 5c 20c 54 13)4 14 75c 85c 434 30)4 32)4 934 H 4)4 3334 954 4 III* 254 69)4 2734 28 1834 19 50 53 Old Dominion Co .25 22c 118 ~3~~ 38 41 1)4 3 100 7 % preferred . 100 Burlington Mills __1 96 16)4 17)4 Calhoun Mills....50 44 48 Callaway Mills.... • 25 27 38)4 6s Jan Preferred B 99 47 7% preferred.. 100 Washington MillslOO Wellington Mills * Preferred 100 West Point Mfg 20 51 Oriental Pacific 98 50 1)4 18 19 * —.100 Alniworth Mfg 5 Air Associates (N J) 1 Air Communicat'nsl Aircraft Accessories 1 Aircraft Precision..1 Aircraft A Deisel Common Preferred 6 105 1 _ Appliance * Pac Salmon* 20 Alaska Consol Mining. 107 4 8 Airplane Mfg A Sup 1 Air Reduc'n com..* Air-Way Electric Oklahoma Interstate Mining Com__25c 1941 Mfg Co Ware Shoals Mfg 100 X 100 Aetna Stand Engine* Direction Finder Vlctor-Monagh'n 100 7% preferred.. 100 Victory Yarn Mills— 4 Preferred Equipment Airplane A Marine 93 5 5)4 21)4 6)4 Aetna Rubber— 5c 3c 12 Class B 1 Aeronautical" Corp. 1 40c 1 1st M 1554 254 Aero Supply Mfg— Class A 1 34 3934 Ohio Copper of Utah Walkce 2234 Agfa Ansco (Del)__l Agnew-Surpass Shoe 1 16 " 18 * Warrants— 32 3)4 85 92 25 10 Millis 6% preferred A.50 Industries Technical Inst...1 35 10c 14 88 Adams Aero 2854 10c 80 57 Steel.. Acme Wire 36c * 434 3534 5234 Abraham A Straus.* 54 38)4 5 60 6% preferred .100 34)4 pref—100 Mills (SO).25 Preferred 40c 10 Aeolian Co— 2d 5% pref. ..100 Belton 61 "1)4 9 Bibb Mfg 100 Brandon Corp A. 100 Class B * 7 $6 preferred 75 Aberfoyle Mfg. .100 Preferred: 100 40c JX 7)4 preferred —1 Common 25c 17 )4 7% 18 * Abercromb;e A Fitch Addressograph Multigraph Corp 10 Advance Rumely..* 27)4 127)4 25 1st 7% 25c 53)4 12034 7% preferred-.100 6 8)4 Avondale Mills....1 Beaumont Mfg— Mills 100 2.50 Mines North Butte * Lab'tories.* Abbott 4 H % conv pfd Abbotts" Dairy Honduras Rosario Nlpi8sing Mines 103 X 10 22 • Mt City Copper..5c National Tunnel 28)4 Union-Buffalo Mills Cotton Mining..1 Island Creek Ooal.l 26)4 Thomaston Cotton Cotton 6)4 \cme 20 Internatl and Mines com.. * 110 150 13c 5)4 154 1% 50 INDUSTRIAL AND 37 * Canada 64 62 2)4 Title A A B Stove Inspiration Cons 21 Spinning Textiles Inc com. .10 Class A pref...100 Class B pref 60 Stowe West Jersey Guar Co 24)4 554 * Louisiana L*d A Ex 1 10 St&rtex Mills.....20 52 H 90 2)4 A MISCELLANEOUS Mines. .1 Lava 26 Webbing 6 150 Trust of New York 20 Guar Abitibi Pow A Pap_* Lake 99 24 . 34 13)4 * 16 17 H Isle Royale Cop. Jardlne Mining 100 Amer Title A Guar25 Bankers Bond A Title Min Copper... Sterling Spinning 5034 Bay Idaho Md 12 7% preferred.. Bleachery SAFE Mortgage Guar. Greene Cananea 79 114 A Columbia (D C)—5 EmpireTitle AGulOO Real Estate (DO) 100 Granby Cons MSA Illinois Zinc 25 GUAR¬ ANTEE 47 9c 1 & Smelting com 17)4 10)4 Goldfleld Consol l66" Spartan Mills. Amer Yarn & Proc— ® « « e 1 100 25c Hollinger Mines 5 Homestake Mining common 12 >4 lOl" TITLE 106 35 Hecla 81 98 Mill Southern 16 H 10 34 £ Golden Cycle 62 & Print Wks__—* "354 Tr.__100 City RE T(C)._ 500 Congress St Associ¬ ates (Boston). 100 Factory Bldg Tr.100 Fiftv Associates (B)_ Hotel Tr (Boston) 100 Kimball Bldg Tr 100 100 OorplO General Tin «■ - 18 10 2)4 Cent Bldg 90c 1)4 1 Mining & Smelting new Southern 3 17)4 DEPOSIT STKS, . Zinc, 57 Preferred 5)4 34 E vans-W allower Smyre (A M) Mfg 10 120 * "754 534 % Lead— 7 % preferred- 100 60" 55 95 Norris Cot Mills 7 % preferredlOO Southern Weaving.* 134 7)4 Evans Wall Mines Saxon Mills.. Southern Mills REAL ESTATE TR A LAND STOCKS 45 Ltd 12 2 1st mtge notes Spinning Alabama Mills American Enka— 134 Federal Mooreeville Southern Acme 134 25c Empire Star Mines 55 Voe— Mills Abbeville Mills.—6 % 26)4 83c 24 Mills Process 9 H Boston Wharf...100 3)4 Oresson Consolidated 100 Mills Common 37 100 Plate White Knob Copper Preferred 10 Wright Hargreaves Mines ♦ Bos Stor W'h'se.100 33 34 % 25 Clemenceau Min 25c 6% preferred ..100 32 Utica A Mohawk Cotton Mills.. 100 Wamsutta M 100 1 30 Bos RET (Bos). 100 25)4 OhiefOonsol Mln..l Chile Clear Creek Cons— Common 10c Rowan Cotton Mills 9 5c Chic RETrus's. 100 Copper-Corp Gold Min A M..1 26 12)4 50c Bd of Tr Bid Tr.100 BosGr'd R'T Tr 100 50c 1 Central Eureka Cotton Laurens 30 8 25 .1)4 7 5 Calumet A Hecla Central Am Mines. 1 Riverside A Dan Riv 38 54 2)4 1 7)4 154 Hudson 101 1 Tonopah Mining. .1 Union Copper Land A Mining 25 Utah Metal A Tun.l Walker Mining 1 Washington Tin Teck Hughes Tintic Standard 434 4 5 Co Co Howe Sound Co...5 36 Coal—5 Silver-Lead .1 1534 C-.2)4 Butte Copper & 52 25 6 4% 5 Dredg¬ ing, Ltd 30)4 8 2 754 Bunker Hill A Riverdale Mills— 11)4 30c j* Bralorne Mines Ltd* 22 754 2754 13 34 % 20c Mines 28)4 36 X 98 27)4 12)4 34 39 21 54 33 50)4 7 34 53 7 Black Hawk Poe (F 82 A— Preferred 48" 5 34 38 27)4 434 100 * Rayon.* Knitting Arcade 16)4 5)4 Dye Works com 10 7% preferred-.100 Mills 10 American Zinc Lead A Smelting— 1 $5 prior conv pf 25 Anaconda Copper Mining Co 50 Andes Copper M.20 Bagdad Copper 5 King (J P> Mfg.. 100 Bleach ery & 23 Mills Anderson 115 1434 Gold 18)4 Mfg 5 Stand Piedmont * 20 7% preferred..100 United Elastic * Utica 1834 La nett Pickens Shops 5% preferred-.100 SouleMill (N B).100 Tubize Chatillon. Class 21" 7% preferred Mfg 100 7% preferred. .100 Perfection Spinning. 1 5c 38 10 Sunshine Mining.lOc 70 Orr Cot Mills... 100 See Borden— Joseph Lead Shattuck Denn STOCKS Mining 100 Pacolet Roxboro Knitting— Preferred 3 St 2834 Mills 24 ich Borden Mfg— Sulssett Mills 100 (F R) 30 Newberry Cotton 91 54 5 ._ 25c 13 H 36 Skenandoa 125 29 26 Monarch 15 8anford 120 r Alaska Juneau Musgrove Cotton 89 Preferred 50 r * 20c 23'A 31)4 Sagamore r 100 Copper Canyon. 10c Copper Range * Cornucopia Gold.5c 1§* 100 Min St Anth Gold M...1 Penmans Ltd com.* Cons Min A 8melt.6 Mills 100 Antelope Ltd Amer shares 23 Mock Judson Pepperell Mfg Common 17 95 12 1 Roan IX 25 Quincy 23 27 Pilgrim Mills 3* Preston East Dome 1. 70 14 70 22)4 2134 51)4 ~ 1654 * 1 Pocahontas Premier Gold M 88" Cerro de Pasco Mills 41 Patchogue Plymouth Saco Lowell 65 See Indus. Stocks * * — r MINING 87 6% preferred Imperial Yarn Mills- 1)4 Mining-_25c Silver King 12 116 25 6% prior pref..50 Mills com 100 Preferred 1 1 So Am Gold A Plat.l 11)4 82 36 Newmarket Mfg Pacific Mills r Wabasso Cotton 114 Majestic Mfg Marion Mfg Co May Hos'y Mills $4 preferred N J Worsted— B 48 Hartsville Cot Mills. Lin ford New Bedford A r Limestone Mills..— 2nd preferred—1 Naumkeag Steam Com class 100 Montreal CottonslOO 110 Knit.5 7% preferred..100 Preferred 37)4 7)4 Com class r Preferred 8)4 Gold Consol Pond Creek Judson Mills A pflOO Preferred B 100 1054 934 4034 934 854 Nashua M (N H) 100 1st preferred. .100 * Zinc 20 Hanjes (F H) Inman 26 18 90 107 84 140 60 109 100 r Preferred 1* 7 44 17 r Domin Text Ltd 24 ...... Industrial Cotton Mills pref Merrimac Mfg..100 Preferred 100 Mt V-Woodb Mills Nashawena Mills. _* 154 47 .. Highland Pk Mfg 20 101)4 ..... 17 85 Henrietta Mills— 105 Martel Mills— Units 65 14 r 100 Preferred Mills— Preferred 21 Ludlow Mfg Assoc.* Luther Mfg 100 Cotton ..._ Hamrick Mills 9 $6 part pref A...* (N B)_75 58 Converters. 100 Can 44 Gossett Mills Pato Pioneer Gold Ltd._l Can Cottons Ltd 100 26 Grendel 100 Kilburn M 45 23 12 Kendall Co com—* 77" 37 27 on^ 80 Hathaway Mfg.. 100 73 35 10 16 Mills Canadian 40 79 * Mills* 6)4 5 Polaris 110 Graniteville Co—20 32 preferred.25 Preferred 20 125 118 share A Enterprise— Amer shs ctfs_.10 Dredging 88 Bid Par Per Patino Mines 99 .... Woodside Cotton.20 6% preferred. .100 Co. 10 7 % preferred Florence Mills...100 7 % preferred. .100 Fulton Bag & Cotton 23 Worsted.60 GosnoldM (N B)__* Preferred 100 Prior % ja Knitting..2)4 Goodall Darl'gton Mfg(S C)5 Drayton Mills 20 Dunean Mills 20 7 % preferred- _ 100 Durham Hosiery— See Indus, stks Dwight Mfg.-.1234 Eagle Yarn Mills— Easley Cotton Mills 7 % preferred Efird Mfg 100 Mills 74 units Genera) Converse (D E) .100 Crescent Spinning.. Dallas Mfg (Ala) 100 Flint Mfg 100 Preferred Cabot Mfg Columbus Mfg (Ga) Common 100 Stocks share Mills Yarn Mtge 6s Wiscassett Mills 101 21 Gaffney Mfg—-.50 Conv pref 10 Gainesville Cot Mills Glenwood Cotton 13 H ' Ask 97 Erwin Cotton 5 iiH Brighton Mills— Franklin 100 Climax Spinning..50 preferred Clifton Mfg (SO) Mfg— $1)4 18 75 6% 21 71 * Preferred. Berkshire 96 734 92 20 8% preferred Chiquola Mfg Amoskeag Co Beacon 100 China Grove Cot— STOCKS Northern Mills Par Stocks Chadwick-Hoskina TEXTILE Bid Per Ask Bid .10 3)4 4)4 Tin Consolidated 1 4 )4 4)4 1 2 234 654 11 1)4 2 3)4 2)4 i* 41)4 12$ Preferred—.—- 18 Albany Packiug.100 Preferred 100 Vlberene Stone of Va Vot trust ctfs_._5 58 85 40 . Cannon * r Mills..—* Without Canadian par price- value, a x Ex-dividend. Park-Utah Consol 5)4 Mines 60 31)4 Called for redemption; see page t New stock, 120 111. 4)4 33)4 e Purchaser also pays accrued dividend. fFlat price. A: Last sale, ( n Nominal, 86 INDUSTRIAL Quotations for all securities Stocks Ask Bid Par Stocks Par Per share Alberta-Pacific Grain class A.. Am Mfg Co com. 100 .101 Preferred. 5% pref 28% r Alexander Dept Stsl Alexander Ham" 30% 6% 5 Amer "7% American News Co * 65 6% Amer Optical * Amer Piano class A* Class B .5 23% 23% 100 11% 12" 7% 2% %6 2% Amer Pneu Serv * Am Potash & Ohem * Amer Products * 3% %6 Portland 9 Amer Pulley 50 Amer Radiator & Stand Sanitary..* 4 166% 10 167% 10% - 7% Common 5% 15% 23 74 Amer 71% 5% preferred--1(X Common... 35 16% 7 25 Aluminum < *o com.! 156 6% preferred Indus.-' Aluminum Ltd ' 1 Leather 14 3 Amer Agric Chen Amer \ir Lmes... $4.25 conv pf.. Ameriean rcti * * 7% preferred.. 100 Am Sumatra Tob„ * Amer Television 1 A-ner Thermos A__* Preferred 50 Am Thread 5% pref5 Am Tobacco com_25 Common B 25 16% 58% 113 0% preferred.-100 Transformer. 10 Am Type Found..10 7% preferred ..100 33% Am Bakeries— 64 v 66 62 64 1 8% 6% preferred ...f Bemberg com. 45% Am 46 18 20 Am Bank Note Am 1C Preferred • Amer Sugar Ref.100 51 31 .. Snuff..25 Am Steel F'dries 77% 99% 1% 16% 3% 49% 15% 57% 111% Corp... 32% 45% American Stores American Stove 7 1% 9% 6% non-cum pflOO Amer Steamship. 100 19 97 6% preferred..1 Of "3% American 157% 118% 118% 18% 6% 75% 10( _ GoodR Mfg..' Aluminum 2 Seal-Kap 7% preferred. .100 18% 2 19 8% 101 Am Beverage Corp American Book..If Vitrified Prod.* Preferred * Class A 50% 146% 195 25% 11% 12% 14 76% 15% 36% 60% 2% 68% 69% 151% 4 5% 40c 7 * 9 Wringer. * Writing Pap.* Amsterdam Trading 39 133 86% Cable common..* 184 Anchor 4% 55% 7% 1% 33% 61 Anchor Post Fence.* 2 30c Andian Nat Corp..* Angostura-W upper- 24 15c maun Corp 1 Anheuser Busch—20 % 67% Amer Amer centrifugal 5% Amer conv 3 9 1 % 20% Am Chain & Gable. 111 101 Animal Trap Antilla Sugar %6 20% 121 American Cigarette ..101 140 6% preferred-_10i 115 & Cigar Co Amer i ioaj 200 7 (N J). .2. Amer 70 S com 5% 9% Am Crystal Sugar ] 6% 1st pref. If Am Cyanamid A.l Class B 35% 35% 12% 1 . 1 * ..5 36 13 111 110% 111% Arnold 12% 4% 3% a 35 Co Arrow 2 1% 1 Common _. _ _50( 2% Artloom Corp 2% 7% preferred..100 Amer Export Lines 1 18% 19 Am Fabrics, pref 10 Amer Felt common 5 10 Art Metal Constr.10 Art Metal Works .5 14 Preferred 10 Amer Forging and 8ocket com ♦ 75 80 7 Am Furniture 1 1 35 21 Hardware. 22% Am-Hawalian SS Am Hide <fe Leath.. 1 0% preferred . ..50 Amer Home Prod.. 1 Amer Insulator 25% 39% 4% 31% 50% 1% 21% * St 50 prior pref 10 Amer-La France & .... Am Laund Mach_20 Amer Locker class A* Class Amer B * Locomotl ve. • 7% preferred .100 Amer Macb & Fdy.* Am Macb & Met..* Am Maize Prod... • 80 12% 2% 16% ♦Without par value. registered £1 Associated * Rayon.* At1 Coast Fisheries 1 Atlantic Co A 50 Class B 51% 1% 23% 5% 6% 1st prof...100 * com AtlG-ilf k W Indies SS Lines ..1 5% pflOO Atlantic Refining.25 4% conv oref. 100 5 Atlas Drop Forge..5 1 Atlas 1% 33 1% 35% 4 5 13% 14% 78% 16% %6 37% 62 3 69 70% 156 47 50 8 10 Bon Ami com A—* Plywood couv . preferred ..50 Austin Mich & Co. * $5 cum prior A..* aOalled for redemption: see page Bohn Alum 8c Br. .5 .25 Instru¬ common Automatic ment, common Common 3* 3% 3% .5 Automat \ ot Mach * , ronv Class A Boston 17% 15% II* Boston 4% 3 3% 33 % 12 93 Axton-Fish Tob A 10 Class B 10 Preferred 100 3% 27 15 96 53 _ Balaban & Katz. .25 Baldwin Co 8 30 6% conv pref..25 Basic Dolomite 1 Batavia Body..._.5 Bath Iron Wks l 15% ~2% 26 1 68% 10 8 __* r 5% 7 2% 17% 12 - «- 1 * Warrants Brinks, preferred..100 Beau Brummell Ties Inc 1 Beech Aircraft 1 Beech-Nut Pack. .20 Belding Hem'way.. * Bell Aircraft 1 Bellanca Aircraft..1 50 9% Home Aonliance cl A..5 Class B 5 4% 14% 9% 10 38% 40% 15 ..... "5% 80% 17% 5% 10% 1% 14 5 76 Bristol-Myers .5 11% 3% 9% Brit-Amer Oil Ltd— 2% 22% Truck com 10 Brooke (E G) Iron.5 Brown Co new com. 7% 3% 7% 4% 1% 16% N ew preferred 17% 12% 3% 3 % 12% 6% 7% shares..* Ordinary bearer£1 Brockway Motor Wire 1 Class • Brown A pref 2 * common 7% Forman Distillers 1% Corp..* Preferred Brown Rubber 30 * 1 1% Manufacturing 50 181% 30% 9% 28 113% 114 Brown Shoe Bruce (E L) Co 10 23% 106 10.3 1 % % . 25 Bruck Silk Mills 108 108 1% % 15 4% 5% 120 7% 20% 4% 18 5% 5% 123% 8 4% 24% % 28 Budd Wheel 7 % preferred Ballard Co Bulova Watch Burdines Inc 113 13% 5 64% 6% * .100 115 * 32 * 34 ..1 9 * 44 ... "l% Burger * 3 32% Preferred .50 Burkart tF) Mfg— Common 1 $2.20 preferred..* Burma Corp Ltd— 46 6 1 31 37% 1% 38 20% 10% Buda Co com ..100 Budd (E G) Mfg .* 7 % preferred.. 100 Preferred 5% 94 Brunswick Site...10 Buckeye Ripe, L .50 Buckeye Steel Oast * Bucyrus-Erie Co..5 7% cum pref. .100 21% 4% 55 1% 32% 45 Oollender Co ._.* $5 preferred * 54 53 83 » Brunswick-Balke- 50 45 H * 5 7% preferred ..100 3%% pref ...100 25 32% Am den receipts.. Burns Bros Coal.. * 40 Gay Fur¬ % Brewing %6 % Burroughs Adding Machine .* "7% Burry 98 Bush Term Co 19% 5% 10% 1% Beryllium Corp * Bessemer Limestone 9 10 15 Best 8c Co 7% 6% preferred * 7% debenture. 100 Bush Terra Bldgs— 5% Borland Shoe St or '.erred * & Cement com.. 1 50 5% 43 46 * 30 % 31 Beth Fdy & Mach.* 1% 20 86% 130 2% 75 Preferred Preferred 50 Beth Steel 7% (Del).. * 7% Dreferred.,100 B'O 79 93 Foods Inc.. .* 7% preferred..100 % 12% 2% 62 67 15% 16% 18% 22% 20 Coupon Brit-Amer Tob reg£l 10c "6% % 6% 2% 11% 1% 6% 2% 53 42% % 94 2 17 25 Brown & Sharp niture common.. 1 Purchase warrants 7% 9 86 88 25 .100 100 109% 7 * Inc. 30 118 33'ic Benson & Hedges. _* Conv pref 11% 33% Brass Bristol Bendix 60 48 * 28 H3 26% Bearings Co (Am).* 2d 1 7% preferred-.100 1% 28 x-w 23% 37% 3% Brill Corp class A.. * Class B • 8 25 Pref 1% 30 Mfg ._* Briggs 8c Srratton._* 30 Prer v t C...100 Bausch 8c Lomb Optical com 10 Mfg common..25 Beatrice Cream..25 $5 preferred w w_* 37 100 Brillo Mfg Class A 29 32 8% 52 Bribers % 25 5% preferred.. 100 Bayuk Cigars « 7% 1st oref 100 Beaton 8c Cadwell 4% 11% 6% 12% * Preferred ""% 100 Bel'ows & Co A. 10 Belt RR & Stk Yds 110 2% 21% Brass Inc. $2.50 preferred..* Bigelow-Sanford Carpet com * 111 5% 15% 25 73% 119% 7 3 24 k Last 86% 130% 3% 14% 39% 7% Butler 2% 1 . 5% conv pref. .30 Butterlck Co * Preferred Byers (A M) \/ 78 52 % 9% 1% 10% 7% part pref.. 100 Byers Machine .._* Byllesby class A... * Class B 77 7c » Bryon Jackson * 8% 3% 4% Callir,e Birdsboro Stee Fdv 8c Mach <i>m $3 preferred * B ack&Decker Mfg * Blaw-Knox Bliss 8c Co . Laughlln Preferred.. . * 5 30 Bliss (E W) Co 1 6% conv pf....25 5% conv pf .25 Blooralngda'e Bros. * . Blumenthal (Sid* * 10% 105 12% Products Vot tr ctfs Common % % 19% 50c 50c Calif Pack Corp 51 10% 1% Tungsten. .1 44 47 Cambria Iron 20 9% 18% 21 21 Campbell (A S) 1 Jauipbell Wyant 8c Cannon Fdry-•-.-* 32 35 Hnada Bread--...• 14 23% 14% 24% 22 23 12% 7% 87 14% 8% 9% 11c 1% 3 7 % * Preferred 50 Preferred '-ef erred Canada & 58 5 100 r 50 r Class B pret HavU Cement. 100 ....100 sale. nNorninal. 99 rCanadian price, 14% l.„ 99% 40 4 68 Dominion ■lugar Co Ltd.. t New stock- z j 12c 1 Elec 80 1% * Cable 78 8c Preferred Byrndum Corp * .5 Bird 8c Son 12% 5% 19% .* Blauner's common.* 25 101% 5% 17 50 com * 5% preferred-..50 Calamba Sug Est.20 Billings & Spen Bing & Bing 25 10 12% 5% 19% pref ctfs.. 100 Bros.. 10 . 2% 9 15 18& 111. 38% 2% com 5 100 7% preferred.. 100 2% 17% 14 6% Biscuit. 12 %c 24 100 4% % 9% 100 Preferred "2% _* . 2 14% 6% 8 1 Brown Fence & * r 1st preferred.. 100 2% 2% 33% 2% 37% 4H 10% 5c % Bridgep't Hydr'lic20 Bridgeport Mach..* Bathurst Power 1 % 13% 3% 1% 7% 29% % 10% 2% 9% Corp Rrdgeoort 20 ... 6 Paper A Class B 34 Breeze 34% 6% 6% ..* * 16 Brewster Aeronaut'l 1 Warrants BarbT & Ross Bros BT'g-.S Bondhold¬ class A Brewing Co of Am.3 if* 10% % % 112% 6% 37 35% preferred * Boyd-Welsh Inc * k Boyertown Burial Casket com * Branlff Airways.2% Nov 22 10 PrefeTed 12 % 25 % 2d 30 Bardstown Distill.. 1 Bareco Oil 5 Barium Stainless Steel com 1 100 . com 65 Hotels— Common * 1st preferred..100 3% 25 10 100 . * ers 2 Bartgis Bros com__l 2 6% 5% 17 100 _ Bowm Bilt 1 Barnsdall Oil 5 Barnsdall Refining. 1 56% 9% , 6% Warrants Baldwin Rubber 1 Bancroft (.T) 8c Sons* Preferred Barber Asphalt 21 36% Woven Hose Rubber Bower Roll 9% 100 2% 16% 34 50 . Boston Wharf. sV Bow-BUt 14 f«* 8 , 6% preferred..100 k Baldw Loco Wks..* V t, c for com 13 7 % preferred 31 107% 52% 24% 19% Storage Warehouse $6 preferred...100 Bourjois, Inc ..* $2.75 cura pref .* 4% Ayrshire Pakota Colliers Corp 1 Babcock 8c Wilcox.* Baker Chemical. * Preferred 100 Gravel Pref 8c. 20 18 Capital.. 1 Aviation <fe Transpor¬ tation Corp 1 60c" "9% 1 % Barlow 8c Seel I g cl A 5 Barnard Aviation._I 5% 19% 20 % 35 19% 5% 5% i%% pref 50 Bark' rklev Grow Aircrl 17 Borg-Warner Corp. 5 Scrymser..25 Borne 4% 5 Pref ex-warr.25 Warrants Barker 52 24 17 % Aviation Corp 11 30% 106 * .25 Avery (B F > & Sons 5 6% pref ww—25 Aviation 22 Stores com__l Borden Co 15 pref 25 com. 18% 2% 19% Boston Sand & Automobile Banking $1,50 B share 18% 1 % Bond 2 1 1% 1 5 Automatic Prod 45 119 4% 5 % % preferred .50 Automatic Fire 51% 40 | 31% 22% 109% 5% 15% 23% 72% pref.. 100 Atlas Tfck * Auburn Cent Mfg. * 1 28% Alarm Bid Per 15 26 Finance 4% 5% 10 Par 10 Auto Common 50 Preferred 50 Bender Body com..5 Bendix Aviation 5 Conv preferred_20 Powder * 12% 18% non-cum Atlas 16 82 3 2 5% 18% 13% 2% . 12 Stocks Boeing Airplane—1'5 Bohack (H O) coral* 1st preferred.. 100 Bohack Realty pflOO Blckfords 31 4% % 18% 11% 1% 15% 27% Indus Ltd 32 29 Foamlte Corp.. Warrants.. (Can). * Assoc Laundries 39% 4% 5 210 Am dep rets ord 107 27 104 Amer Assoc El 64 33 Brew 7% preferred.. 100 Dry G'ds 1 6% 1st pref... 100 7% 2d pref... 100 Assoc 1% 3% 2% preferred.. Assoc 2 10 61 2d Preferred 1 Ashland Oil & Ref.l 12 8 .50 Asbestos Corp Ltd.* Asbestos Mfg com.l 5% 11% 1% Preferred 7 * 17 5 3% Ask share 76 Berkey & 14 common 151 Hart- Hegeraan EIec.10 Arrowhead Petrol. .1 Amer Export Airline* New Print Wks.* 5% preferred".. .30 Aro Equipt Corp__l 111 American Encaustic Tiling % 19% 109% 7% preferred..100 Armstrong Cork ♦ Armstrong Rubb A* Arnold Constable.5 12 7 9% 108 Amer Dist Teleg. 14% 7% guar pref.. 100 Armour & Co (111)— Common 5 16 conv pr pref..* 5% 10% 82% 39% 80 33% 45% 147% 51% 113 Ark Fuel Oil pref. 10 Armour & Co of Del Commercial Alcohol _ $3 partic pref Argo Oil 7% 65 100 Arden Farms 12 7% _* Apex Elec Mfg * Applied Arts 1 Yppollo Steel 10 A P W Paper 5 A P W Prop cl A Archer-Dan-Midi'd * 115 116 pref Chicle. % 4% 9% Hocking 29 1% % 26 date of issue 13% 70 6% preferred-.100 Preferred 1% 28% 59% 2 Autocar Co com.. 10 Baumann(Lud)com* G1 Corp. new. 12% $5 div oref * 7 6% American shares._ Anaconda Wire 8c American Canadian 7% preferred If Car & Fdy 5% 15% 70% 11 15 Amer 183 162 54 7% preferred. .100 Amer 5 86% 147 100 _* Preferred Am Woolen Co Fdy130 7% 20c 100 Common % 1% 34% 7% 38 69*' 4* Amer Wind Glass— 104 % % 34% 6% 4% 7% preferred 6% Amer Ship Build--* Am Smelt 8c Refg—* 18 Altorfer Bros com. _' Conv pref ' 70 Amer Seating * Am Ship & Comm.* 37% 13% ' Alloy Cast Steel—.' 2( Alpha Portl opm ' pf 100 conv Bid Par Automatic Refrig.10 Safety Razor— Common Aloe (A S) Co A.Brake Sh & 160 18.50 American Screw. 100 American Sealcone.5 4H% 5% Allis-Ohalmers Mfg Class 7% 21% 17% 8% 8 Allied Stores Corp.' Amer pref 100 32% 25% 24% 5% 23% 13 Am Amerada cum Am Republics com 10 Amer Rolling Mill 25 111 3% 20% 16% 21 1( CI A conv Amal 65* 12% 4% Allied Mills Inc Alum 31% 24% 23% 4% 3% 5% prior pref...7 Partic pref * & Ohem 26 79% % 20% 107 Stocks Per 22 20 * Ask share 74% % » American Meter 60 Allied Bid 6% conv pref—100 . Allegheny Ludlum Alientown Maracaibo.. 1 Amer Metal Co 14 Steel Corp ..100 STOCKS possible for the closing day of the month preceding the Per 1.25 r MISCELLANEOUS & are as near as Ex-dividend. 2% 4 12% possible for the closing lay of the month preceding the date of issue Quotations for all securities are at near as Stocks Ask Bid Par Per a Class A 13% 20 Hark Controller Hark Equip Oo 87% 4% Preferred. ..100 Olaude Neon Lt 1 IA Clayton A Lambert 4 Cleveland Graphite 16% Preferred 100 Can Wire A Cab A_* Class B .....* Canadian Airways.* 62 60 24 18 % 3 36% Canadian Bronze-.* 18 30% 125 5% 30 Preferred Club Aluminum Utensil com Cluett Pea body i% 5 7% 94 92 94 1st preferred—100 5% * Carpenter Steel Carrier Corp 5 ..1 Carter (J W) Oo Gasco Products Case (J I) Oo 9% 7% 8% 62 7 1 7% 60% * 100 7% preferred. .100 120 119 Case LockwoodA Co.. 100 Case Pomeroy 240 "5% 4% .5 Castle (A M) Oo.-lO Catalin Corp 1 3% S3 % 48% .48% 28 119% 28% 119% 128 Caterpillar Tract..* Celanese Corp * 7% prior pref.100 1st partic pref.100 * 7 67 97 $7 preferred Central Aguirre 7% 72% 6% 99% 43 Celluloid Corp—15 1st preferred * 44 5% * Associates * Central Airport.-.1 17% 1% 17% ... 1 Central American Plantations ...100 Cent Foundry com.l 1 2% 32 Cent Iron A Steel.— Cent Ohio St Prod.l 6 1 8 9 10 18 Centrifugal Pipe Century Elec 1 10 Century Rib Mills.* 7% preferred.. 100 $2.75 Colum 6% prior pref. 100 Cessna Aircraft 1 Chain Belt com....* 20 Chatnbersberg 25 22 6% pref—100 Chapman Valve—1 104 .10 38 5 . Cheney Bros com..* Preferred 106% 36 120 100 Mfg.5 22 5% 15% l7% % 1% * Cherry-Bur Corp..5 Chesebr'gb Mfg..25 Chesapeake Paper 1% 13 12% 108% 107 1 I* 12% 95% 13% %A 72 68 210 .8% 7% Chic Molded Prod.l Chicago Nipple 6 Chic PneuTool—..* pref....* $2.50 prior pref..* Chic Ry Equip—25 48 15 16 10% 6% Chic Rivet A Mach 4 11 6 Chic Yel ow Cab. Chickash i Cot O.10 Childs Oo com Preferred 100 Chilton Oo 10 V* 13 * 10 14% 10 8% 10% 1% 7% 3% Chrysler Corp.....6 Churngold Corp * Advtg Prod 39 IVA Chic A So Airlines Cinci 13% 12% 2 8% 4% 76% 4% 7% Crank..5 4% Ball * 12% Inc -1 City Auto Stamp..* 7% Clnecolor Clfcv Ice & Fuel.. _* 9% 91% ♦Without x par value, Ex-dividend. Oont Steel Corp... • Preferred 100 Converse Rubber..* $2 preferred 33 Special pref * P't A Varn .* Cook $4 preferred _• Cooper Bessemer..* $3 prior pref Oopperweld Steel..5 Conv 5% pref. .5.) Cornell-Dublller Elec Corp com.. 1 Corroon A Rey'ds $6 conv A pref 1% 7% ICoeden Petroleum 5% conv pref. .50 9% l 92% {Cosmocolor Corp % 6%%cumpf—100 10 Corning Glass Wk 10 6% Preferred. 100 Corn Prod Kefg .25 7% preferred .100 ju Cln Tob W'house.25 Cinei Cln Un Stk Yds Mot..l . a Called 1 18% 17% 3% Nov.19 % 85 33 8% 8 109% 3 pref. 20 ,0* Ltd—* Eastern Air Lines.. 1 33% conv 13 50c es 33% 10 5 17 1% Warrants Footwear. 1 12% 15"" 34 4% 38 5 5% 16% 143% 145 East MaU'ble Iron25 East Racing Assn * . Eastern Sugar Assoc Common 1 — 1 6 % preferred. -100 Easy Washing Mach Common ____* 178 3 3% 3% * B 7 18% Eaton Mfg Co ..4 Economy Groc 8ts_* Edge water Steel—* 33 33% 12% 73 13 75 .13% 48% % 14% 49% 1% ..50 5% preferred Edison Solitdorf Educational Pict _ * 1 _ ? H Rltin mn Rchild * Elder Mfg.. Class A * 9 100 58 %6 Electrical Steam 1 Electric Auto-Lite_5 Electric Boat 3 Electrical A Musical Indus Am shs Sterilizer 8 8% 3% 4 1% 34% 30 — 34% 14% % 32 26 31 17% 18% Electrol lnc com.__l 50c com—1 il* Harvester. 1 Elect rographlc I5/ 13 2 2% 27 « UH 1st preferred.. 100 2d Dreferred._100 14% 23 25 102 107 100 81 86 29% 39% 11% 30% Diamond Shoe com 5% conv pref.100 >r 2 42 % iDictaphone Corp.. * 186 'I 8% preferred. 100 1% .Dictograph Prod..2 70% Diesel Equipment.. 1 1.1 Diamond T Mot . 40 12 8%, 28 6 % 70c Voting trust ctfs.. (iDi Noc Mfg Ex-div. of $120. 1 "8% 31% 119 "3% §*. A; Last sale, 11% 1% 29% 3% n 3 3% 14 7% ol% 32 36 49 % 2 1% 1 3% 2% 16 120 98% 18% 19 18 19% 2o Emerson Elec Mfg.4 Preferred 4 90 Empire Sheet A Tinplate * t£m*co Derrick....6 h} nd co' t-Joh nsoh. 50 4% 5 „A 39 . 28 40 5% p e erred-. 100 Eq*lit Df ice Bldg Escanaba Paper— Preferred 100 3% Esquire Inc 1 Eureka Pipe Line.50 Eureka Vac Clean. 5 Evans Products ...5 Nominal, r Canadian price, "3% 7% 111% 110 % . "% % ''Differential Wheel. 1 1 Ely Walker D G..25 1st preferred.-100 2d preferred..100 Emerson Drug..2% Class B 2% Preferred. „ __ — 12 Diamond Match. 9%! Inc.l 21* 10% 107 .. Corp—1 Eiectromaster 19 * . ..1 Common Electrol ux 25 14 _.. Corp Elgin N Watch—15 Eljer Co com 5% cum pref...50 5% prior pref.100 Elk Horn Coal * % • B Preferred.. 110 e 61% 58% 110 Diamond Alkali..20 36 111. 101 Dexdale Hosiery— 9% 6% 112 1 Oil 16% 27 23 28 Preferred .613% 40c A 7% 28* ■Hf Electro Bleach Gas .* 6% part pref ..25 68 • 11 Common 19% 56% 1 si* 30% 100 idpeferred-- 100 Dewey A Aimy Ohem 4% 11 8% M 1% 7% 10 Common 103% 42% 177 1 Duval Texas Sulph. * Dwight Manor vtc. Eavrle Lock-. 25 Early A Daniel. * Preferred .100 24 DevoeA Raynolda— Class A (non-vot)* 23% 106 24 100 31% Detro'tStee' Prod 10 10 Preferred 10 19 6% pref Duro-Test Corp Elec Stor Battery..* Elec Vacuum Clean* * De Vilbiss Oo 56 25% 60c Detroit i6 10% 59% 8% 32% 42 99 75c — Detroit Mich Stove I Detro t Paoer Prod 1 8% 2 131 60c Aircraft Foundry 3% 20 3 158 6% pref w W...20 Detroit Gray Iron A 111% 80 22 156% 128% 40c Detroit 38 8*' 120 Det Gasket A Mfg.l l ■ ■ if 1 .5 ... 82 111' 9% $6 prior pref 50 8% debentures 100 Dentists' Supply.10 6% preferred .100 De Pinna (A) Co—■ Class A, 1 6% conv oref. .10 Derby O A Ref com * Preferred -* Detachable Bit__10c 4% 7% 3% 19% 75 Class A com 10% 115 Edison Bros Stores.2 100 Dennison Mfg— 17c , 24% Class 126 Delta Airlines—100 I* .... 18* — Preferred 100 Del Rayon A com. 15 4% % 19% 15% for redemption; see page 4 120 De Long Hook and Eye: 3% 2% 104% % 80% 37% Oont'l Oil (Deli...5 Oont'l Oil (Mex) I Oont'l Roll A Steel 1 Preferred 100 10 .1 k 109 Easern Roll Mill..5 /mmer Turbine 6 5% * 14 6% Delsel-W 5 20% 28% 3% 7% 35 32 6% pref.. -.25 7% pref.100 Durham Hosiery— Mills B com * Eastman Kodak...* Gilbert Corp Dejay Stores Delendo Corp 4% a VA 29 28 20 7% preferred. 3 2% 2% B "6 4 * 1 P 41 Eastern 35 Records 109% 5% prior pref. .20 6% 11% 27% 4% 20% 1 __* Eastern Corp com 25 6% Defiance Spark PI.* 90 7% Preferred 20 26 6% Chem com— $1.50 18% 17% 21% 24% 106% 5% 2% Plastics A Eason De Laval Steam * $1.50 preferred..* 4 19 110 Class A A Co common..20 Durez East Dalr 100 Common Baking Oont Diam'd Fibre.5 13 10% 3% 17% Dayton Rubber Mfg 9* 173% 15% .20 15" 10 Chemical.I 83% 4% 8% preferred-. 100 2!* Deere A Oo com.. 10c 1 Cont Screw com.. 10 10c 12% conv Preferred.. _. .5 Decca A Continental 51% 20% 4% Preferred A* 1% 5% pref. 100 Continental Can 20 12% Class 2* 80 42 4 2!* imternat'l.l Preferred 68 91 Class Chicago Mall Order 5 V t c for com conv 2 * Hammer Davison 42 97 * 47% 34% 9% 28% Davis Coal & Coke 50 12% 1% 24% 63% Warrants. Continental 3 Hosiery com 1 6 % preferred. 10 Chic Dally News..* New 5 % pref.. 100 Chicago Flex Shaft 6 Chic June Rys A Un Stk Yds com .100 S3 # 4 Container Corp 20 Continental Aviation & Engineering. Board common..* Preferred 60 Chester Pure Silk 14 63 Consolid'd Textile.* Consolidation CoalCommon 25 5% ...1 Davega Sts Corp—6 5% conv pref. .25 Davenoort Hosiery Mills com * 3 8% preferred-. 100 Oonsol Royal Oil. 10 Consolidated Steel 1% 46% 33% 9% 27% • Darling Stores Corp $2 partic pref * 3% 18% 8% . 21 73% 2% 9% n 16% si* uts. Cons Paper of Can.* Oonsol Retail Sts 1 Publish 78 preferred. 100 Lithograph..* Cons Mach Tool 110 11% $2 cum part pf.. * Cons Laundries 5 7% 108 Darby Petroleum Indus.. 1 Corp.* $6preferred.. ._* 12 2% 65 (R G) Duplan 811k-.'—...* 8% cum pref..100 DuPont (E I) de N 90 6%% prior pf-100 7% preferred. 100 Dun 114 (Aliens Dunhili Darco Corp 8%Pfl00 Dardelet Thr'dlock ' 38 Mont 133 1% Laboratories cl A1 25 15 Consolidated Oil—* 4% 3% .* common 5 Cons Cigar Corp..* Cons Film 11% Preferred.-...100 Dryden Paper. * * Dubilier Condenser 1 Du % 2% 1% Bradstreet 7% cum pref—100 $8 cum pref * 19 60% 1% 71* 1* lush man's Sons— 26 Coosol Biscuit Oonsol Oar Heat. 100 9% 75 Cutler 24 10c 11 79% _ Dresser Mfg com * Driver Harris Oo.lO 17 preferred * New prior pref..* Cu-^tissWright Corpl VA 77 13% 12% 1% 6 M 129 113 ..... _ % 100 Class A Oongoleum-Nairn Congress Cigar.. Ctfs of deposit Conn Telep A Elec.l Oonsol Aircraft....1 $3 conv pref * 5% preferred.. 100 Drug .* Preferred 10o Doyle Mach A Tool 1 5% 1% *7 5% 18 91 Common —* Conv prior pref * com * Dow Ohem 24 lurtls T% Oompo Shoe Mach vt cext—.1 Oonde Nast Pub .* Cons Eng Common..Par $10 Ohamberlin Metal Weather Strip 5 Champion Paper A 21 21% 10% 42% Aircraft..* 6 % % preferred 100 5% 20* Parts com ....• $2 preferred.. * Combustion Eng..l Oomm'l Solvents..* Douglas (W L) Shoe 65* 2% Curtis Mfg of Mo. .5 * 2I* 91* 6 79% 8% Curtis Lighting-. 7 58 9 Douglas 5 Preferred 1% pref..* 5%% pref—100 Douoleday Doran.* 43% 3c .♦ Ouneo Press Columbus Auto- 55^ 37% 3% 21% ' conv Carbon 26* 6% -.* 148 3 4* 5% Preferred .100 iGudahy Pack. 30 40 Vot tr ctfs com..* * Chemical Dow 10 * Tobacco Ouha'i 12 20% 20% _ 100% 5% 37% 2% 4% B'casting Sys Inc class A 2% Class B 2% Columbia Mills. 100 Columbia O A G...1 Columbia Pictures— 5% 4% 3% 3% 91 Certain-teed Prods. 1 5% 20 83% 12% 21% 9% 5% 3% 3% 2% Cuba Co 10% 18% Columbia ... IA 23 AA 127 6% 5% 251 B 90" CubanAm.Mangan 2 Cuban-Am Sug. .10 7% •preferred .100 Cuban Atl Sugar..5 1 3% 3% 19% 4J ' 82 20 Paper Preferred 6% preferred Crystal Tissue Columbia Baking .* e Preferred .* c Columbia Brewing. 5 t 10 Cen Violetta Sug... 15 12 12$ 21 36% 100 Dominion Stores..* r Dominion Tar A "4% * 100 5% conv pref.100 26 36 7 Central 1.70 35 60 * 6%% pref 42 $5 conv pref Crucible Steel.... 7% preferred 24 2% 2% 6% preferred.. 100 27% 114 Oolson Corp * Colt's Patent Fire Arms Mfg —25 130 6% cum pref—100 com Ool Fuel A Iron Warrants 22 19 IA 5 Crystal Oil Ref Ordinary shares.. 6% conv pref. 29 31 29% 9% Crown Zellerbach. 11% 1.50 * 2% Orown Drug com 25c Preferred 25 *2.25 oref w w._* Preferred x-w._ * 140 Colonial Ice B pfd_* Colon Development 35% 108 2 Cruc.lioo 18 Dominion Bdge.lOOf 18 Dominican Coal pf 25 r Oomin'on G'ass.100 r 126% Preferred.. ..100 r 143 Dominion Steel A "i% 4% 255% 42% 42% 1% 21% Oollyer Insulated common 4% 23 100 Colonial Beacon Oil 11% 20% Coal (Mdl.5 32 Dold (Tacob) Pkg— 26 1% 9% 36 IA Dr Pepper Co,.* Doe der Die Cast..* Dixon (T) 108 * Crown O'k A Seal.* 110 JH 35 106 24 100 Petroleum 9 11% 24 * * Orown Cork Int A.* 8 * Wire 4 if* 9% * Dobeckmun Co coml .A 23% A 30 3 42 Crows Nest Pass Goal 6 5% conv pref—100 Collins Oo 100 Collins Morris 1 % % 20 Class B__ Carnation Co. Carpel Corp - - * 5 38* A 5 Class 14% 4% Prior Preferred.50 62 9% Dixie Tee Cream \A IV* —1 Crowley Mflner 104% 27 . 52 2% 7% 10% A Divco-Twin Truck. 1 Dixie Home Stores.1 Crown Central 104% 60% 800 3% * Collins A Aikman 112 6% * Preferred 63% Peet common 8 109 Carman A Co A Oharls Corp Checker Cab 28 59 25 Colgate- Palmolive- * _» 6% preferred..100 5% preferred.. 100 Carib Syndicate.25c Fibre 125 26 • * 106 IA 82 1% Liquors2% Dixie-Vortex Co Preferred.. 110 * 1 11% 20% 66 VA 79 • 5% pref w w. .100 Distillers 51% 100 pf lishing Co Coca-Cola Co.....* Class A— _* Coca-Cola Intern..* 13 Orowell Collier Pub _* of Los Angeles of New York of St Louis "9 conv Crompton A Kn'les * Grosley Corn * VA 34% 143 Cohen (Dan) Oo * Oohn A Rosenb'ger * . * (Philip) Celotex Co * * Cockshutt Plow 155 155 118 9% 8% 5% Creameries of Am *3.51 oref. * Cream of Wheat—2 Creole Petrol 6 irocker-Wheeler -.* Oroft Brewing 2% 33% 13 3 Distillers OorpSeagrams Ltd 10% 20% 105% Cramp Shipbldg—-5 Crane Co com 25 30% 2% 2% 12 25* 54 100 $4.25 preferred..* Carbon Monoxide Eliminator Carborundum Co Brainard • of Cincinnati 113 $1.50 conv cl A 20 Cowles (C) A Co..25 13% 4% 12% 4% 4 .— denum Co.... .* Olinchfield Coal .100 10 148 148 Capital City Pro 1_* com 61 Disney (Walt)— 6% preterred._.25 2% 34 32% ..1 Discount Corp —100 Distillers Co Ltd. £1 ord£1 Covered Wagon Oo Hobblng share 4% 54 Am deprcts 6% Ask Bid Par Per Ltd-— Courtaulds Climax Molyb¬ 104% 1% 1% Preferred * Can Locomotive...* Mach VA 37 % 4% Stocks 59$ 4% % Coty Inc com 1 Coty lnternat'1 1 Courier Post pref 100 108 7% preferred.. 100 Coca-Cola Bottling 18 *,r 9 100 r 104 Can Indus Alcohol— Ol A voting * Ol B non-voting.* Canadian Industries Class A 100 Class B ..100 Carey I* !* & Canadian Car A Fy • r Preferred 25 29% Canad Celanese * r Preferred 100 r 123 Canadian Colonial 5% Airways 1 Canadian Dredge A Dock * r 17% Canadian Foreign _ Jleveland Oleve Tractor Canadian Canners.* r InvestGorp 8% preferred. * Ask Bid Par Per share a VA A 16% 36% 1 Bronze com ..1007 105 Preferred 5% Jlty A Sub Homes 10 lity Stores 5 85 4 • Class B _♦ Canada Packers...* Canada SS Lines. _* Stocks Per share share 16 % 15 Qing Ale.5 Forging,s— Ask Bid Par 13 % Can Dry Can a Stocks 87 miscellaneous stocks t industrial & dec., 1940] 45 2% 21% 2% 8% 55 3 23 3% 8% t New stock. 88 INDUSTRIAL Quotation! for all securities Stocks Par Per Ever Plastics Corp-5 E versharp Inc Ask Bid Gen • 1H 2% Pref (stamp) 10 General Amer Oil of 3% 30 K 46** K Texas common._5 3% 53 Gen 101% 2 K 3 40% % ~5% 42 6 K 43 % 10% 3% UK 3% Dairy 6% preflOO Fajardo Sugar 20 100 % 19 K 20 K Falstaff Brewery--1 Famlse Corp 6 K 25 8% preferred- 100 Fairbanks Morse--* Fairchild Aviation. 1 Falrchild Eng A Airl Fairfield "West Md Famous Players Can Corp com-.l Fanny F'mer Cand-* Fansteel Metallurg * 61 134 131 8 3K 6 5 7 20 Gen Development 18 22 25 25% 9% 8% 17 16 Oil..21$ Farnsworth Telev & General Elec £1 * Gen Fireproofing..* 7% preferred--100 Gen Foods Corp * 3 2% 19 21 1% 3% 9% Fedders Mfg 5 Federal Bake Shops* Preferred 30 Federal Compress & Warehouse 25 Federal Machine & General 116 K 9% General 11 12% 26% 30 34 40 * Gen Optical pref -.* Gen Outdoor Adv't'g Common 126% ^ 50 Harrisburg Steel 82 84 Harris Seybold Potter com 12 6% preferred-.100 12 General Print Ink-.l Federal Mogul 5 Federal Motor Tr__* 13% 3% 14% 3% 4% * 6K 108 K Gen Rayon A stk-_* Gen Ry Signal * 15% 1 4 /federated Dept Sts * 20 $6 preferred 4 M % preferred 100 Federated Publica's* 93 % 21 20 K 96 Gen 21 K General Shoe Ferro Enamel Flat Am dep rets 13 13% 18 20 K '' 1 JFidelio Brewery.. 1 6th Ave Coach—25 17" 2l" Fllene's(Wm)Sons _* Finch Telecommuni¬ cations com 1 13% 20% Common 6% pref 16 % 10 ser 16% 96 % A. 100 100 42 K 7 * * Preferred 100 Flsk Rubber Corp.l Flintkote Co com. * Fla Portld Cem u t s_ Florence Stove * Florsheim Shoe com* 43 K 8% 85 34 22% IK % IK 5% 20 7% 26 % 7% 28% 2 IK conv pref. 100 Folmer Graflex * Preferred 100 Food Devices 20c 10 32 31% 106 % Class A— Class B 20% IK IK * 11% 12 10 % 12% 23 15 •. 16% 16% 106 108 5% 5% 11 13 23 r 25 11 ._* * 2% 2% 15c 5c com 10 * 36% 100 1 37% 9 9K 19 % 92 94 25c 1 "Fuller Brush com..5 Fuller (G A) Co— ifA 43 44% 4 % % conv pref 50 Globe-Democrat 100 65 pref 5K 93 K 2 K K (B F) 85 preferred 9 17 18% 88 93 102% 103 11% 27% 30 57 59 5% 3% 11% 46 1 Corp 5 63% 17% Canada Preferred50 com A.* 83 preferred 1% 12% 6 ' 13 52 1% _ * 100 - vot com 1st preferred--100 Great Lakes Paper—■ 6% pref.___._100 Great Lakes SS Great Lakes Term W'house • (Ohio). Pap...25 Great West Sugar * 7 % preferred .100 Greater New York Brewery com 1 Greenf'ld T'p & Die* 88 preferred..100 81.50 preferred * Green (H L) Co. —1 Greyhound Corp..* 6%% preferred. 10 Griesedieck 11% 13% 19 5%% Groc store ._* Hercules Motors * Hercules Powder__* 6% preferred..100 Preferred r 100 Hershey Chocolate. * $4 conv pref * Hewitt Rubber. 6 Heyden Chemical. 10 Heywood-W akefleld 54 1 15 15 K 31 32% 37 sbH 31 13 10% 13 34% 24% 4 6 58 22 62 25 5 4% 98% 128% conv 12 46% 3 2% 42% 20% 136 137% 8% %6 9% 18% 30% 5 60* WA 1% 21 Holland Furnace.10 Holophane Co * Holly Sugar 7% Preferred-.100 Holt (H) & Co A. Hooker Electro Internat 20 52 & Power 5% % 1% 5 19 16% 36% 10% conv Internat 11% 11 10 1% 8% 13 13% 10% 10% 106% 3% 14 Horn (A C) com 1 Prior preferred..5 Hard't(NY) .* 5% oreferred 100 Horn & Hard't Bak * Hotel Statler com 6% preferred __25 7% preferred .100 Hotel Waldorf-Ast.l 1 Vot tr ctfs com 25 Vot tr ctfs 6 % pf25 \ 6% 23% 130 16% 69% 2% 9% 9 3 * * 50 7% preferred.-100 Int Text Book Int Vitamin Corp. 55 37% 29% 28 105% * _ % 1 3% Interstate & Airplane Engine .10 Interstate Bakeries* 85 preferred * Interstate Dept St's* 7% preferred.. 100 6% 1% 26% 7% 85% Interstate Home— Equipment Interstate Mills 1 8% Hosiery— * 11 * com 7% 17% Iron Fireman vtc..* Ironer 10 4 11 15 33% 3% Preferred w w__25 3% Jackson (Byron) see "B" Jacobs (F L) Co 1 2% Jarvis (W B) Co 1 12% Jeannette Glass.__* 6 30 30% 113% 112 117 20 22 Jefferson Lake Sul % Preferred 10 Jenkins Bros Jersey 23% Jewel 99 Cereal ._* * Jnhns-Manville 36% 13% 37% 41 % ijf 15 45% 61% Johnson Pub 38 15 25 Tea 15c 8c * 7% preferred-.100 13% " 2% 15 " 3 17 4% 18% 1% 4% 19% 2% 22 1 * 17 50 6 17% 4% 13 Johnson Tin Foil & Metal... 100 Jonas & Naumb'g2% Jones & Lamson--20 46 Jones & Laughltn Steel common. 100 7% preferred. .100 Joy Mfg 1 lulian & Kokenge * Kahn's (E) Sons-.* 1st pref_-i 18% 4% 125 10 Johnson Stevens & Shinkle Shoe * 100 %» 70 2% ,33% 101 13 21 13 102% Kalamazoo Stove A Furnace 10% 10% 31% 2% 4% Howe Scale com a 7** 54% 169% 1% Irving Air Chute 1 Irving (John) Shoe.l Howard Aircraft preferred * Hubbell (Harvey)..5 Hudson Mot Car..* 1% 31% 156% 38% 18% 15 Field pref_20 Houston Oil (Tex>— conv 4 10% * Internat Shoe.. Internat Silver Hotidaille-Hershey—r Houdry Process. .10 K 110 * Intertype Corp "5% K Petroleum Preferred 100 Int Safety Razor B. * Internat Salt * 33 100 Without par value, t Name changed to Greater New York Brewery, Canadian price, x Ex-dividend. t New stoc k. .15 Registered shs Internat Prod Internat Pulp. 38 .10 * f com. pref.. 100 Warrants 40 36 13 103 Coupon shares. _* preferred .100 Horder's Inc com » Hormel & Co com * 6% com * Nickel (Can)__* 7% cum pref. .100 International Paper 13 25* Milling— 5% preferred Int 55% 16 Ind class A Internat 114 112,, 12% * Metal Ironrite * 1: 129 23 % Oil * Internat Indus 1 International Match Realization £1 107 . Material Harvester 7% preferred--100 _ 101 * 21 16 8% 32% 2d 20% _ tnr 73 126% 1st preferred. .100 Prod.25c 65* 98 Class B 22 13 * Western __* pref...25 165 12 pref-.100 Class A 11% 11% 12% 11% 97% 17 Common 3l" 11 11% 5% 8 7% 11% 10% 95% 162% Hollander(A)& Son 5 81.50 _ Int'l Cellucotton-_ * int Cigar Mach * Internat Educational Publishing pref. * Internat Elevating40 2% 15 Hoe (R) class A. .10 Prior pref 65 Houston * - 20 10 21 68 2 19% 22% 27% com. * int Business Mach.* 20% 25% 43% 65 1 15 Hires (O E) com 1 Hobart Mfg A____* 16 43 K 8% 2% 14% Chemical _* 6% preferred.. 100 Steel 12 2% 24% 105% 155% 87% 23% Interchemical Corp * 6 % preferred 100 Intercont Rubber * interlake Iron * Int. Agricultural..* 7% prior pref_100 113 13 preferred..5 7 10 2% 5% * Inland 11 Preferred 10 Hickock Oil cl A 1 Hilton-Davis Chem Common 1 % % * t c 13% 1st B pref 25 Hiawatha Oil & Gas Common 5 100% 129 . 14 $5 v Ingersoll Rand 71% 1% % 5% ib 17% 12% 11 56 1 11% 10% 12% 33% 23% Common 2d pref v t c Industrial Rayon. 70% Hinde & Dauch 74 5A 95 25 Common 1% 23% 3% 5% 1 int Mercan Mar Horn * Brew common 17 25 7% non-cumpflOO Hendey Mach Hendrick Ranch 81% Pac Tea Great Nor * 7% preferred Granite City Steel.* Grant (W T) com.10 6% preferred 20 Gratcn & Knight..* & A Helme (G W) Silk Com div certifs. Ex-div certifs Non 84% 32 10 Gorton-Pew Fish. Gotham 17 K 84 * r 23 Conv preferred.20 14% 37 K 14% 62 K Rubber ycom 20 Accept'ce 30 85 conv pref * Goodyear T & R of 2% 2% 15% Mfg 39% 3% 38 * * 49 3 94%. 2% % 1% Preferred 50 Good Humor Corp 1 Goodman Mfg pref-100 Gar W ood Induct 22 5 K 1 31% 50% 2% 2% 16% Gary (Theo) 81.60 pf Gay lord Container. 5 5% conv pref..50 19 K Preferred Goodrich Class "2% 29 10 1st pref v t c 6 pref..50 conv Hershey Creamery. ♦ Goebel Brewing Golconda Petrol Goldblatt Bros— 6% 6% 27% Common 15* Class B 1 indue Accep Corp— Cum pref 100 Indus Brown Hoist- 2% 8% 24 6% "2" * 29 1 1% * * Common 5% Sugar— Gt Atl * 4 Class A 2% 7% 6% 5% 92% 94% Hearst Consol Pub— 7 % class A pref.25 Hecker Prod com_.l Helena Rub'stein.. _ Indian Terr ilium Oi» non-vot A h. 9** Royalties.. 1 Hercules Cement. _* 116 Globe Wernicke.Preferred ._* Gobel (Adolf) Co.-l 81.80 prior pref- * Gray Mfg Co 10 6% conv pref. .25 Garlock Packing... • A 8K 14% PrefeiTed Garfinckel (J) A Co Class * 11 $6 conv pref Gannett Co Inc— $6 conv pref m 7K 17% 7K * 28 ..1 Gabriel Co cl A * Gair (Robert) com. 1 $3 Preferred 10 Galveston Houston* Gamewell Co * Gen Gisholt Machine. .10 26% Common 13 convertible 7% 62 K Hosiery com » 7% preferred..100 Graham-Paige Mot 1 Grand Raps Varn.l Grand Union— 2 K Partic conv pref 15 Fruehauf Trailer..1 5% conv pref. 100 Fuhrman & Schmidt Gellman * Gorham Mfg Grain & conv Bros $6 preferred 8 10 6 8 10 com Gimbel 4 3 36 34% 5% 9% 83 pref » Indiana Pipe Line7 % Indian Refining. .10 Hazeltine Corp. ___* Hearns Dept Stores 46% 3 85 conv pref-— Gilmer (L H) % 8% 23% % 8 21 10 Brewing Gillette Saf Razor.* Gorham Inc ' common * of54 61 Hazel-Atlas Glass.25 6 K 6% 45% 3% (AO) Preferred 8% 28% 15% Goodyear Tire & __ 4% 1 % 22 -1 Malt 8 27 15 * Class B * Preferred 14 Arrear ctfs Godchaux „ Froedtert 9 K 19% Ford Motor France Am dep rets Formica Insulation * Ft Worth Stk Yds.* Foster Wheeler.-10 $7 conv pref * Foundation Co 1 Foundation Co of Canada * Fox (Peter) Brew..6 68c 12% pref * Hawley Pulp & Papl 87 preferred.. * Hayes Indus 1 Hayes Mfg 2 Haytian Corp * . _ *| Conv .5 ♦ of Gr Brit & Irel'd Am dep rets ord £1 Indian Motocycle * Preferred 10 Indiana Gas & Chem Common 5 it* Haverty Furn Cos— 62c 5 ..50 Gibson Art Publish 7K 6% 9% Preferred 100 Foote Burt com * Ford Motor Ltd— Am dep rets ord__ Ford Mot of Can— Preferred Franklin County com 100; 3% 3% Giant Portland Cement w w Hatfield-Campbell Prior preferred .12 Partic pref 100 Glidden Co conv pref-100 Foote Bros Gear & Mach com 5 . 1 6%% pref 1% 3% 6% 6% 6% 6% * a £1 of Canada com 19 13 K 103 Gleaner Harvester Glen Alden Coal 55 4%s Francisco Sugar Franklin Co C'l Class B com Gilchrist Co 18 Publishing 6% cum pref A100 Genessee Brew A..1 Gilbert 33 Follansbee Bros * Preferred. 10 Follansbee Steel..10 F-R 13% 100% 2% 2% . Giddings & Lewis. 4 Machinery 21 1 46% 100 25 137 1 44% 1% 1% 28 * 150 14 x * _,5 27 1% Imperial Tobacco 100 25 Hat Corp class A..1 Class B n-v 1 107 16 K 84 * Food 19 K 103% 13 22 X 5% 11 6 %_preferred- .100 Gen Tin Invest Shs. 12 * ' Fobs Oil _ 60% .10% * pref conv Preferred Flour Mills of Amer „ Steel Casting.* $6 7% 25 38 Imperial Oil Ltd Registered shs Imperial Tobacco Hartman Tob * Harvard Brewing--1 XOHHarvill Aircraft Diecasting 61 Haskelite Mfg 10c 36 pref Indus rets 1% 24% 5 28" 44% Imperial Chemical .. 10% Gen Theat Equip. .* Gen Time Instru--* W* 80 _ Preferred 1 conv Idaho Farms Ideal Cement 23 4 * 85 preferred Hart & Cooley Hartford Times 1 103 27 Refractories..* 5 15 K Gen Tire & Rub- 6% Firestone Tire & Rub First Nat Stores Flshman (M H) 110 % 6% preferred- -100 Gen 7 6%r u 133% 1 55c" j 4%% conv pref 40 Corp 105 24 * 9$ 1 1 1 100 I T C 30% Rich¬ 49% 10 K 42 % 22% 2 1 1 iNOi 6% conv pref..25 Hygrade Food Prod5 Hygrade Sylvan * 3% 18 3 22 1 100 Common 26 16 ardson Arms Co— Class A 1 4% 104 28% 101% 8 Hydraulic Press Mfi 50 com Harrington & 10% „ Refractories A* 48 Welder com 1 Fed Mach & Welder Fed Screw Works. 5 (James) 6% preferred. .100 7 . * D1?ISW A 129 K 126 Motors.-10 85 preferred 89" 128% 48% „ com 6% pref 17 i'A 50 Brick 14% 16% 25% 50 Preferred 8% 101 Hanna (M A) * 85 cum pref * Harbor Plywood com Preferred Harlow Aircraft 1 Harshaw Chemical* Harbison-Walker 118 K 25 88 * Mills Hanley 35" 23% 102% preferred .100 5% Preferred 17 K 34K Machinery * 4%% preferredlOO 2% 4% 5K 16% 15% 17% 7% 13% 15% 15% 49 95 100 Huylers Inc., com..1 7% pref unstpdlOO 7% pref stmpd 100 Hyde Park Brew. 10 Hydraulic Press 41 5 86 preferred 100 Hammermill Pap .10 Hammond Instruml - 33 109 Gen 39 Hall (W F;Print'g 10 Haloid Co 5 Hamilton Watch-.* 4 4 K Am dep rets reg Gen Fire Exting Preferred 8 100 * 50 k Preferred 3% 7 20% 117 - Hussmann-Ligonier 34 2% 6% 1% ii* y Huttig Sash&Door 5 16/ * Preferred -a. 171% 63% 6% 6% preferred—20 Hupp Motor 1 17 y 1% 33% Ltd. • Hall Lamp com Ltd— S4.50 preferred--* 1 Farrel-Blrm'ham .25 Fashion Park com.* Preferred * 6 Alabaster 85 32% Crude 21% share 63% Fibre Common 5 Hunter Steel corn..* Gypsum Lime Hajoca Corp.. i\l% m Gen Per Hummel-Ross 5I 1% _ Bid Par Humble Oil & Ref__* 18505 15 g__* 100 1 Stocks share 17 . Gulf Oil Corp._-.25 3% 16% 83% 7% preferred--100 1 Gulfboard Oil !8 1% Corp.l General Bronze General Cable—...» Class A........* Watch % 4% 19% Guantanamo S 8 % preferred 53% * Ask 1650 6% preferred.._25 Grumman Aircraft Engineering com 1 6% General Electric—* r Bid Par Group No. 1 Oil...* Group No. 2 Oil 1 4% 57 com.l 7% preferred--100 % Far ben Ind Radio General Box 1% 5% «5H Amer Trans..5 Gen Cigar common * 2 A 10 $8 1 s t pref Gen Bottlers STOCKS Per Gruen GenAniline&FilmA * General Baking—-5 135 37% Class Mloys Co Preferred _ 7% preferred-.100 Stocks Per share 30% Fafnir Bearing—.25 Fair (The) Chicago * Ask Bid share •1% IK Faber Coe & Gregg. Preferred 100 Co Par Stocks MISCELLANEOUS possible for the cloring day of the month preceding the date of Issue 2 K 1 Ex-Cell-O Corp.--3 Exch Buffet Corp..* Ex Lax Mfg A 10 Fairbanks & near aa are a» Called for redemption, see page 111. com 10 k Last sale. 12% n Nominal- Per Refg KCStk Yds Me. 100 22 24 Lion Oil 100 63 66 11% 14 17% 16% 17 Upton (Thomas J)— ► Preferred Dept 13% 1 Common 5% 4% - 95 — 7% Kayser (Jul) Sc Co.5 Keith-Albee-Orph— 7% conv pre' 100 Keith (Geo E) Go— 7% preferred-. 100 Keller Dorian Colorfilm 20 — — - 8% ♦ 14 Merritt, Chapman & Scott com * 6%% pref A100 Locke Steel J 20 20% 26 Kentucky Stone vtcl 14 Key Co common. _* Keyes Fibre com..* Class A * Preferred * 1 IX 3 4 50 55 13% 14% 18 X $5 8 * 100 f.iongwest Corp * Loose Wiles Bis..25 5% preferred-.100 Lord & Taylor-100 1st preferred..100 2nd preferred-.100 Lorillard (P) 10 7% preferred-.100 Cement com Lukens Steel 9* IX IX 1 Kinney (G R) Inc.. 1 $5 prior pref * Kinner Motors 23$ 5IX Lumber--100 —1 Petrol (1)E) Co 24 8X% 56 2 6% 8% $6 8 oV* 3 8X UX 80 85 92 X preferred.. 100 10 46 55 25X • 26 25X 28X 10 13 14 Kresge (S S) Co.. Kress (9 H) Special pref 5X 28X 1st 28 X 121 2d 122 preferred.. 100 preferred .100 Kysor Heater ..1 6% ex Clay 6X 18X Products—* 20 Lago Petroleum — 1 Laclede Steel 7 20X 44 Lake of the Woods * r 100 r 110 31 Lakev Fdy Sc Mach 1 Milling Preferred 12 * Lambert Co 17 X ;p 27 X 30h 'ex 25 .25 Lane Bryant Inc..* 7% preferred .100 Lanett Bleachery.10 Lane Wells Co 1 Langendorf United Bakeries class A_* Class B ...—* La nova Corp 1 Clark 7 Landis Machine. 98 39 100 42 nx 12 X 12 15X 4 6 4 5 Lanston Monotype Co..100 A.l Lawrence Portland rwnent 100 Lea Fabrics * Lebanon Steel & Ir.l Lee Rub & Tire -.5 Lefcourt Rlty Corp 1 Conv pref * Lc Coal & Nav—* Machine Lautaro Nitrate LehPo.'tl 20% 21X 20c 30c 18 X 9X 4% 58 3 Corp Prod.5 Leland Electric * Lemp (Wm J) Brew5 Leonard Oil Devel 25 Leonard Refinlng-3 Lebn Sc Fink 14 Via 2 25 85 100 IX 1 Le Tourneau (R G)1 Lewis (Edgar P)pf 10 Ley (FrodT) &Oo.» Llbbey-Owens- Ford * Liberty Aircraft 1 29 5 65c 44 X 6X Liberty Baking....* Preferred 100 Lib McNeil Sc Savers Life 3* 7 Lib.7 40 95 X Corp.-5 .25 Lig & Myers Tod 25 95 preferred-.100 189 Common 7% B 1 Lincoln Service.. 100 Mtge 1 9% 2% 26% 104 21 29% 5X 28% 172 49% 2% 102% 24% Refining pref.. 100 * McOoll-Frontenac Oil Co * 100 Pub * 10 McKesson- Robb'ns 5 6% conv _ McQuay NorrlsMfg* $6 preferred serA* $5.50 pf ser B w w * Preferred 8 104% 38> 559 73 65 136% 28% Shoe Preferred 7% 3% 111 Mercantile Stores. 105 24% 8% 7% 4 100 Called for redemption, see page 111. 13% $4.50 conv pref..* Lead—10 7% pref A 100 6% pref B 100 Nat Licorice com 100 6% prefer ed.100 Nat Lock Washer.20 Nation! Malleable & National 121 1% 7% 4 11% 2% 14% 21 25 .100 Mortbon Corp A..1 Mtge Bk of Colombia & Machinery. American shares.. 26% 7% Conv 40 6 9% 80 68 139% 29% 113 preferred..* Nat Oil 44% 108% 43% 108 Products-.4 5% 51 3% 4 Nat 59 60 Nat 11 11% 7% Nat Preferred 6% preferred..* Motor Products * Mot Wheel Corp. .5 Mountain Prod 10 Moxie Co pref Mueller Brass Co.. 1 Mullins Mfg Corp— Class B 1 $7 conv pref * Munsingwear Inc—* Munson S3 pref A.* $6 Murphy VarnishlOO Preferred .100 Murphy (G O) * 5% preferred. .100 Murray Corp 10 Murray-Ohio Mfg.* Muskegon Piston 11% 1% Nat Steel 1% Nat Sugar 9 12 7% preferred.. 100 1 4 Nat Supply (Pa)_. 10 2% 3 4% % 13% 5%% pr pref.. 100 10-year $2 pref. 40 6% prior pref. 100 Nat Tea common. _* 5 % 14% 105 100 13% 14% 5 26" "8% 8 36 34 % % i* 116 119% 37% 164% 2% 83 117 10 1 Transit—12.50 Nat Union Radio 30c Natomas Co * Navarro Oil * Nazareth Cement-10 Preferred 100 Preferred National Tool Nebel (Oscar) pref.* Nehi Corp com * 1st preferred Neisner Bros 38% 165 27 2% 29% 23% 45% age 188 275 178 268 % 64 66 39 42 75% (Herman)..5 Neptune Meter A—* 8% preferred..100 Nest le-Le Mur cl A * Newberry (J J) Co.* 5% preferred-.100 New Bedford Cord¬ 25 45 * 1 4%% conv pfd 100 Nelson 123 common 5 Preferred ...100 * Gr'n Prodi England Lime units * New Hav Cl com..* New Idea com * New Britain Mach New Eng New 76% Arizona Land—* Newport Indus 109 2% 111 3 5% 2% 1 Newport News Shipbldg & Dry Dock .1 24% pref..* 108% Common 4% 2% $5 conv New Process Co—* Y Auction • Y Air Brake * Y Dock * 20 22 N 82 87 N 12 13 N 17 17% 5% 1% 31% 3% N Y 5% % 21% 22 11% 4% 53% 11% 13 16 3 4% 53 5 36 68 70 110% 7% a 115 8 $5 non-cum 43 4% 9 pf—* 7% 24 Founders shares. 1 N Merchandise-10 Y Shipbuilding. .1 22 N Y Transit Nicholson File 5 * 33 * Class B com 1 Niles-Bement-Pond * 30 8 62 63 Nobiltt-S parks 5 Noma Elec Corp—1 North Amer A\da.. 1 North Amer Cement 33% 3% 34% 18 18% 1900 Corp— Class A com 1 pref.....1 pref. 1 No Am Refractories Class A.. ....* Class B • 6 % % preferredlOO North Central Texas Oil 5 12% 15 7 8 68 75 50 15% 17 MylesStandish vtc* Nachman Springf—* 13% 10% 16 Canadian price, 11% Class A 8% 9 t New stock, x 8% 3% 3 Common Class B 11 13% r Corp—25 Refg * National Supply— Ring com 2.50 Muskogee Co----* Preferred 100 Nominal preferred—100 Nat Steel Car Ltd.* 2 "C" units n Radiator Nat 24 23 47 A Last sale Corp..* 10 10 Refining com..* Rub Mach * Shirt Sh Del..* Nat Pumps Myers (FE)& Bras 93 & Type.l preferred—50 Nat Paper 50% 25 4 — 5% % 23 3% * AStores..* Steel Castings. Nat Mfrs New Mexico & (Philip) & Co Ltd 10 Morse Twist Drill 105 10 38X a 104 24 ^ MosinePap Mills 100 Motor Finance com 110% 10 ~9% value, 5% 1% 15% 111% 1% 7 * 11 5 26 Mead Johnson com * Preferred 25% 60 1 pref. 100 Rubber. _* Moloney Electric A* Molybdenum Corp 1 Monarch Mach T'l * Monogram Pictures 1 Morris 12% * $3 conv pref McLellan Sts com Carpet--20 pref..10 107 Monsanto Chem__ 10 32% $4.50 pf ser A * Cum pref ser B—* 12% 27 Montgomery Ward * Qlass ^ "2% Monticello Tobac—1 Monumental Radio 1 23 31 Moody's Invest Serv 1% part pref-.. * Moore Corp com—* 9 Preferred A 100 6% Preferred B —100 29 Moore (Tom) Dist.l 50% Moore Drop For A.* 2% Morrell(John) & Co* McKeesport Tin Plate com Mohawk Midwest 12% McCrory Stores 1 Conv 6% pref. 100 5% pref w w—100 McGraw-Hill 11% 3% com.l Natl Gypsum 18 Monolith Portland 16 109 4 5% preferred-.100 Mengel Co.. l 5% conv 1st pf_50 No par U3% 43 15 Electric. .1 39% 122% Nat 100 Preferred 46 McOord Rad cl A—* Class B ...* McGraw 39% 121% 17% 115% 1% 7% Judson— ^ 2 McCall Corp Preferred Mock Mohawk 106 61 12 5 1 nement_25 Voehringer.Co2.50 35% 42 32% * Melville Corp......10 2% 58 106 1 Pipe Line A Class B Mo Portl 40 $4 preferred 52 . 1% 9% 1 15% 107% Class B Missouri Kansas 5 4 33% 100% 9% 2% 1 5 50 Missisquoi Corp— 7% preferred—100 $1.60 partic pf..* Mississippi Glass— A common 25 B common 25 Miss Valley Barge Line common 1 27 26 20 1 * Class A com.* Oil Mission 5 3 24 100 Material.....5 Link-Belt Co * 14 14 9 McWIlliams Dredge* Mead Corp com * 17 Line * 2 40 114 nreferred.50 Lincoln Stores Lionel 1% Master Tire & Rub* Math'son Alkali 2% % 6% 37% 13% *4% Lincoln Hall vtc... l»rior %« 6% 21X 25X 3X Lily Tulip Cup. — * Lima Locom Wks. ♦ Lincoln Bldgvtc—1 Lineoln 2 100 1 Asphalt 2 • Box..25 Nat Food Products 7% Regulator _.* 4% pref se- B.100 Minn Min & Mfg..* Minneapolls-Moline Power Implem 1 56.50 cum pref..* Mission Corp .10 Mission Dry Corp.l McCahan Sugar 50c * Stores 4%% pref Lessings Inc Electric 1 16 14 11X 4 pf 50 Lehigh & Wilkes- Lerner Preferred X pf 100 Minneap-IIoneywell 15% 14 7% preferred .100 May Dept Stores. 10 Maytag Co * 1st $6 pref * $3 cum pf w w ._* 1 6% cum conv Barre % % 1% 41 4% conv pref. 100 Lehtgb Vallev Coal » 11% preferred..-50 6% Nat Folding Nat Fuel Gas 8% preferred _ Nat Enam A Stpg Milton Bradley 4 6% preferred..100 6% pf (2d serj.100 Martin (Glen L) 1 Martin Parry Corp * Masonite Corp * 5% A conv pf.lOO Massey-Harris * Mastic 23 X nex Cement.25 10% Mapes Cons Mfg..* Maple Leaf Mill — * Preferred 100 Maracaibo Oil Exp. 1 Marathon Paper..25 6% preferred-.100 Margay Oil Corp..* Marion St Shov—* Preferred 100 Marlin Rockwell- .1 Marshall Field & Co» Master 25 26% 11% - 5% 14 Miller (I) Sons com 72 Mangel Stores 1 $5 conv pref-___* Manhattan Shirt_25 Manischewitz (B) * Preferred 100 Manning Bowman & Co common * Manufac's Trading 1 Preferred ..10 Landers. Frary Sc 28 26% 10% * Mahoning invest 100 Majestic Radio—lc Preferred * Major Marketing. .1 Mallory (P R) • Maltine Co Manatl Sugar com 1 Option warrants. _ Mandel Bros Inc..* Laclede-Christy 1% 3% Preferred 7 3% 8% 1st pref 100 $2 n-c div shares.* Mid vale Co * Mid-West A bras. 50c Midwest Oil 10 Midwest Piping Sc Supply common.* Mid-West Refin's —1 100 1 Razor com 3X 4X Kreuger (G) Brew.l Kroger Grocery Sc Baking common.* 27% MacWhyte Co— 8% preferred.. 100 Macy (R H) Co Inc * Mad Sq Garden * Magazine Repeating 95 Products 141 10 8 8% 3g Midland Steel 1% 1 * IW 30% 133% Mack Trucks Inc..* ~4X 7% preferred..100 Koppers Co 6 %pf 100 Kresge Dept Stores 1 2X preferred. .100 Preferred 4% 12%c 4% 13% 1 Mid-Cont Petrol. 10 Middle States Pet— Class A vtc 1 Class B vtc 1 Midland Oil Corp— $2 conv pref * Common 12 10 30 MacSim Bar Paper.. 35 4% 2X 1% 23% Macfadden Newsp.* Macfadden Pub—* 9X 21% 19 10 _ 11% 100 Pref 100 Airpl_50c Lynch Corp——5 Lyon Metal Prod .10 MacAnd & Forbes 10 11 10 2% 10% Luscombe MX 13 • Kleinert Rubber. .10 Knapp-Monarch __ * Preferred * Knott Corp 1 Knuasen Creamery * 6% cum pref * Kobacker Stores—* IX IX IX Nat. Cash Reg Nat Chem & Mfg. 3% Micromatic Hone—1 * * 1 Nat Container (Del) 1 Nat Cylinder Gas.. 1 Nat Dairy Prod—* 7% pref class A100 7% pref class B100 Nat Dept Stores * 6% preferred —10 Nat Dist Prod * National Drug— $7 Prefer ed 98% Preferred preferred—100 ' 2d Nat Casket com—* Midcont'l Airlines— 1% 1 50 Lunkenheimer Co— Common * 10 X % 15 * 112 liX 19% Fdy..* National Candy._.* 1st preferred..100 5c 19% 17% 167 * Aluminum 1% 6% % 3% 6% 18% 1021 1 .10 National Bronze Sc 117 100 1 1 Preferred 7% 8% 7% preferred—100 33 Mich Bumper 8 pref.. 10 Metals* 100 Nat Breweries 126 1 Mich Steel Tube.2% Michigan Sugar * 63 50 100 Metrop Coal pref Metrop Playhouse.* Mexico-Ohio Oil —* Mexican Petrol 1 Meyer Blanke Co— conv Nat Bellas-Hess 40 111 "2% 38 IX 34% Mich Gas & Oil 1% 13% 37 110 37% 2 Mich Steel Cast 159 6% Nat Bearing Preferred Nat Biscuit Metal & Thermit. _* Preferred 100 Mich Chemical 58 46 J 102 Louisville Gem. * — Kingsbury Brew—1 King Seeley com.-l Kingston Products. 1 4% 14% 109% 145 Loudon Packing—* 16 2-3 Keystone Watch Kirby 108% El.l .100 Ludlow Valve com.* 5% n-c pref...-20 Preferred 16" 8 14 Louisiana Ice & • Wire common Case 20% 102 Preferred 18X 90 37 25c 21% 1 National Automotive Fibres common. .1 8. prefence.15 Partic "5% C National Airlines.. 1 4% 4% 87% Metal Textile Corp 40% 18% 80% Nast (Conde) see Nat Acme Co 10% 54 1 5 Iron Machine Mesta Common 20% preferred—100 Portland Mesabi 60 Paper...* Nash 27" 24% 9% Warrants Longhorn 28 16 7 Keystone Steel Sc Kimberly-Clark 14% 30% 7% 30% 109% 20% 3X 18% 78% 8% 3% 5 6% preferred-.100 Lino.* * 50 Coated 4% Co 25 Nash-Kelvinator ..5 79% ill* Mereenth'ler 40 Cement.• A._* * Long Bell Lum Common IX Kensico Cemetery Association 100 Klein CandyOorp—1 Loft 16% m 7X 16 X Kir by ——* fx>ft Inc Lone Star 1% 13% 30% ex 29% 107% 20% X $6.50 cum pref..* 1* common—5 Kelsey-Hayes Wheel Conv class A 1 Class B 1 Kennedys Inc 5 ► $1.25 conv pref—* Ken-Had Tube & Lamp A * Tire IX Chain.5 Merck & Co com—1 5% 1% 5 Lockheed Air Oraft.l Locomotive Firebox* Loew's Inc. com—1 19 * 35 Merrimac Hat Preferred 105 102 3 100 Preferred 35 15 Class B Kellett AutogIro__.l Kellogg Co.. Kelly Springfield 14% 105 100 5% conv pref_100 Kaynee 10 Preferred 100 Transportation—* Merchants Refrig—* share Per Narragansett Racing Assn com 1 Nashua Gum and 20 19 6% preferred 25 Liquid Carbonic . ♦ Llquldometer Corp 1 Lit Brothers * Preferred 100 Loblaw Groc Ltd A* St's Kaufman Merchants & Miners 9% Bid Par Stocks share Per 8X UX • * Uon Match— 1% X Kane Carburetor—* Ask Bid Par share Per share Stocks Ask Bid Par Stocks Ask Bid Stocks month preceding the date of Issue possible for the closing day of the Quotations for all securities are as near as 89 MISCELLANEOUS STOCKS INDUSTRIAL & DEC., 1940] 4% 38 Ex-dividend, 2% X 5% 43 3% 90 INDUSTRIAL Quotations for all securities Stocks Bid Per North German Lloyd Amer shares North & Judd. 26 North Pipe Line. ,10 Ask Class A 335* 85* 355* 85* 1 m 65* 35* 135* Per Pet Milk * Petrol Conversion. 1 Petrol Derivatives. * Petrol Heat & Pr—♦ Petrolite Corp Pettibone Mulliken * Pfeiffer Brewing—» Pbaris Tire & Rub.l Pharmacal.25* 4 4 5 $4 preferred $6 preferred-... Phil & Read O & I.* Phila Record com_» 30 31 80 805* 32 14 34 4% 15* 55* 15* 25 Preferred 345* * 215* 2l"5* * 23 24 9 11 * 99* .* m 115* 65* 6% preferred-. 100 Ohio Rubber * Ohio Seamless Tube5 6% preferred * 110 111 120 205* 245* 23 1 2 IH 100 100 6% preferred-.100 18 6% preferred. .100 Oneida Ltd coml25* 68 72 175* 305* 185* 315* 45* 45* Preferred 25 Oppenheim Collins. * CrSullivan Rubber. 1 Oswego Falls comlOO Otis Elevator * 4 "9 i 165* 6% preferred.. 100 165* 145 * '95* 4?* $5.50 conv 1st pf_* Outboard Marine & 42 Manufacturing..6 Outlet Co 255* 541* * com *% preferred..100 Owens-Ill Glass. 125* 115}* _ 145* 13 5* 6 9* 75* 25* 3i* 75* 46i* * * 1* 495* 35* 3 5* 73 165* Pan Amer Match.25 Pan Amer Petrol & 75 155* 13 5* Palmer Bros _* Pan Am Airways..6 15 5 85* $50 par B Pan-Amer Southern] Panhandle Prod & 95* 105 "7" 5}* Refining com 1 Pantepec Oil Co— American shares. Pantex Pressing 5* 39* . Machine common * Preferred * Paraffine Co Inc..* 4% conv pref.100 Paramount Motors 1 Paramount Pictures1 6% 1st pref-J-100 6% 2d pref 10 Parke, Davis Co..* 4 Rig 40 39 99 9* 3 103 95* 98 10}* 10 5* ilH 315* 145* 115* P * 20 12}* 13 16>* 85* 205* & Reel common Parmelee Trans 1 7 * Pathe Film Corp._l 7% preferred * Pathe Laboratories* 105* 109 21 Peck, Stow & WHclO Peerless Cement ♦ Peerless 4 95* Parker Young units. Park & Tilford Inc.] Parkersburg 7 365* Prf_25* Parker Wolverine.. 35* . 35 Parker Appliance. .1 Parker Pen 10 Parker Rust i\h 24 75* 45* 85* 55* Weighing & Vending 1 Preferred Peet see (Rogers) Pelham TTall v t c 15c * com 4 15* ..j Pender(D)Groc'y A"* 52 5* 53 * 175* 435* 875* 45 Class B Penick & Ford * Penney (J C) Com Penn-Central Air¬ lines Corp 1 Common v t c._ $7 conv pref.. a 5% preferred 100 Penna Industries— __ 415* 109 Pocahontas Fuel .100 Polaroid Corp 1 Mfg Pref Pratt & 5 100 183 14 Hall * 5% 5% conv conv 5* 9* 555* * 8% preferred-.100 6% preferred-.100 Producers Corp of Nevada Original pref. .100 Puget Sound Pulp & 6 lc B M 2c Units ... * 6A 22 23 187 20H 2254 35* 26 27 83 5* 45* 110 155* 215* 265* 55* Inc * PuntaAlegre Sugar * Pure Oil Co.. 5% conv pref. .100 6% preferred.. 100 Purity Bakeries * Purolator Prods. 7 100 104 156 605* * 1 .100 Rapid ElectrotypeRath Packing 10 Raybemos-Manhat * Raymond Concrete Pile common ._* pref * com. pref _1 .25 .. St Regis Pap com..5 225* Preferred Salt Dome Oil 45 50 19 195* 145* 435* 45 85* 15 29 5* 5* 5 100 3 Jy* 30 32 5* Engine 1 15* 5t* Called for redemption 1 see page 111. k Last 15* 65" 18" 45* * 7% pref.-.100 Common .1 853 Units 1 5 25* 2 * 100 .. Skelly Oil Skinner Organ 15 60 1085* 15* 5* 20 5 Sloss-Sheff S & 1.100 $6 oreferred 100 Smith (A O) Corp. 10 5* 108 1125* 179* 85* 10 50 15 4 8ocony Vacuum. .15 89* 1 3 9* * 1 75* 5* Aircraft Conv A pref Solar Mfg... Sonoco Products...5 Sonotone Corp 1 Conv preferred.. 1 49* 25* % 4 615* 435* 1095* 74 29 19* 5* So8s Mfg common. 1 Sonth Coast Corp. -1 5* P-eferred 100 South Penn Oil 25 So Porto Rico Sug.* 379* 8% preferred.. 100 1375* 3 64 5* 44 5* 1095* 84 "35* 125* Soutn Shore Oil 28 19 & Development-. 100 S'eastern Greyhound Lines common 5 6% conv pref..20 5* 13 21 Southern Advance 21 115 Bag & Paper—• $2 preferred 50 6 % preferred .100 - 30 5 Southern Groc com* Preferred * Southern, New England Ice cl A.. South'n Pine Line 10 Southern Phosph.10 Southland Royal..5 25* 79 39* 7 5*6 South 1st 25* 805* 35* 5* 32 25* 85* 3 5* 95* 10 395* 305* 84 5* Schiff Co 125* 40" 32 5* 9* 105* 105* 855* 135* oreferred Sparks-With'gf * — Spear & Co $5.50 pr eferr ed Spencer Kellogg * 1 . _ * * Spencer Shoe * Sperry Corp v t c..l Spicer Mfg Co * $3 24 74 20 22 4 55* 45* 55* West Penna Pine Lines 103 Savoy Oil Schenley Distillers.5 5 5*% pref 100 * 30 Simplex Paper .1 Slmp'icity Pattern. 1 48 95 • Savannah Sugar 29* I3/* 65c * Spalding (AG)fcBr.l .1 205* Pt Common 47 5* 27 MntYiino 1 * Simmons Hdw & 25 Solar ' * 100 Sanborn Map 25 Sanitary Co of Am 8% preferred .100 San-Nap-Pak com.l ti * Smith & Corona St Paul Union sale. 6 l6' 115* Pub $3 pref Simmons Co Typewriter vtc..* 285*! Smith (Howard) % Paper Mills * Smyth Mfg 25 135* Snider Packi g * Snyder Tool & Eng. 1 5 25* 55* Reda Pump 43 3 5* 90 com 1125* * 145* 15 Kearwin Aircraft & Sher-Wms Can Preferred. 100 r Shuron Optical.__ * 14 100 Savage Arms.. 5* 5* 3 com Preferred 35 75 13 5* Preferred 175* 28 105* St Louis Screw— Samson United 25 Preferred 60 ..... Hoist 5% pfser AAA 100 13 5* (assent) .100 Rocky Mt 4 Stock Yards 105* 107 Simonds Saw & Steel 13i* 205* Pacific Co.. 100 Pre erred 100 205* 45* 55* 5 175* 4 80 % 4 15 . conv "3 5* 120 ..10 61 17 62 28 & Bolt Transp & Tr— American shares.. Slmms Petroleum. 10 Simon Brewery 1 Simon (Franklin) & 32 265* 5*6 100 25* 345* 5* 61* 5* 49 6 Paper— Pref. Hosiery Mills common 7% cum nref 55* 100 100 615* 5* 25* 355* % 65* Raytheon Mfg..50c 6% preferred 5 40" a Mills com Preferred St L 5 375* Slmmons-Boardman 23 6 1 St Lawrence 5 15* 99 St Louis Car 39* 52 Shawnee Pottery 1 Sheaffer (W A) Pen* & 5 100 Preferred ir> $3 50 conv oref .* Shattuck (Frank G)* Yards com 20 Preferred 20 SIrian Lamp com..* Preferred * Corp.* $2 conv pref 50 St Lawrenc* Flour 1585* 10.5* 95* 1st pf * Randan Corp pt A.* Class B * 6 thout par value, Preferred St Lawrence 1 6% conv pref.100 Option warrants. * 5% preferred.. 100 St Croix Paper. _l00 95 Common Silk 105* 35* 115* 75* Av* Radio-Kelth-Orph. Rea1 Safeway Stores 100 Chem. 1 conv cum 8 Ryan Cons Petrol.* Ryerson & Haynes.l Safety Car Heat 6 Ltg (Del) 50 75* 485* 5* $5 pref B $2 10 25* Rademaker Radio Corp of Am.* conv 93 265* 65* 85* * Preferred. $3 85 _ Pyle National Co. 5 Pyrene Mfg 10 Quaker Oats * 6% preferred..100 Quaker .State Oil. .10 Quincy Market Cold 165* &y* 94 8 * $2.50conv pref..* Ryan Aeronautical 1 22 5* * _ Ruberoid Co * Russeks 5th Ave .2 5* Russell Mfg * Rustless Ir & Steel. 1 110 15* 109* 59* $5 conv pref * Sharp & Dohme...* 16 of N Y ord shares. % 85* * 24 95* 25* 15* Royalite Oil * Royal Typewriter.* 7% preferred. .100 30 20 Rayonier Inc 175 1 1 Peter Paul Candy.. * 3/ 19 5 Albany Bottl Co.4 Perfect Circle * Perkins Mach & Gear Preferred Permutit (^o. Per vel Corp 5c« 3/ Pennzoil Co com..* Peoples Drug Stores5 Pepsi -Cola New common UM 118 com..* Preferred preferred.... 185^ 230 117 39 1 Singer Mfg 100 Singer Mfg Ltd. £1 Sioux City Stock 1 Roper Lumber— Ctfs new w i 75 228 1 Prosperity Co B * Publication Corp..* 1st preferred.. 100 Pullman 545* ?*6 45* 45* B.. 1 125* Royal Development. Royal Dutch Co 70 50 20 Rose 5 10&25c Store common 1 r 1 Sherw-Williams -.25 28 129* 125* 415* 100 Hard ware com pf.100 Shepard Niles Crane 355* 95* 35 * Price Bros & Co Preferred Proc & Gamble 35 ♦ Segal Lock & 5V*% 5 14 1 Inc Timber 9 82 85* 255* 15* .100 129* 129* 385* 1st pf 5 2d pf__50 Pressurlube 75* Preferred 100 Rome Cable Corp_5 Roosevelt Field. 5 Root Petrol Co 1 $1.20 conv pfd_20 52 25* 749* Security Storage. .25 S^ell 18 16 23 5 _ Rogers Peet 115 15 14 Simpson Ltd B _ 15 91 Seaboard Oil (Del).* Seagrave Corp * Sears. Roebuck * Co 25* 125* 19 5* 75* 100 _ 955* 39 * Shell Union Oil * Rochester Button. * Preferred 100 Rockwood 4 Co * 5 % preferred 100 Roeser & Pendleton » 225* 395* 375* 505* 85* __* Ralston Steel Car. 10 25* Penn Vy Crude Oil— A 31 5*6 9* 10 60 Robinson(Dwight P) 19* 39* Scullin Steel Warrants 35* ' B 7% 1st pref 295* 195* Scruggs-VanderBarney com 5 1st preferred.. 100 2d preferred.. 100 35*% pref 100 Serrick Corp cl Inc 12 6 55* 15* Robertson Pap Box.5 A 15* 21 Lambert..* A Class z/ 109 Silex Co Class . 15* 35* Alexan_5 pref conv 5/ 1* 19 365* 110 * Servel 18* !VA 32* 20* Robbins & Myers..* Preferred 25 Robertson (H H)_ % 75* 235* 22 Pressed Metals A.m.1 Pressed Steel Car— Common 1 •13.50 149* 1219* 1105* u 65* 5 stamped Prentice 125* 85* 205* 5* Common w I Potash Co of Am. .5 Potrero Sugar com .5 Powdrell & Pratt Food 545* 1 com Seton Leather Sharon Steel Gp 90 Works common. 10 27 22 5* 95 105* 95* % 15* New 8% preferred..100 New pref 25 Scott Paper $4.50 preferred..* $4 preferred * Scovill Mfg 25 _ 1005* 45* 106 Riegel Paper. .10 Riley Stoker. 3 Risdon Mfg Co 25 Ritter Dental Mfg.* River Rasin Paper.* Riverside Cement— 985* 185* 135* §5* 5 Cedar 8 20 Porterfield Aircraftl Porto-RIc-Am Tob— Class A * Preferred Richmond 15* 95 355* Schulte Retail Stores Seiberling Rubber.* 5% preferred.. 100 Selby Shoe * Selfridge Prov St £1 Sentry Safety Con.i 62 135* 100 15* Preferred 53 5* 325* Richardson Co * Richfield Oil Corp.» 3 235* 65* 10 17 Per Schulte Real Estatel Preferred 100 Seeman Bros 175* 95* .... 90 100 32 105* * 125* 10 1st pref 5 50 * 69 Warrants Rich man Radiator. 1 24 * . Class A common 2d pref 15* Cora. 100 _ 30 685* 355* 5* Plymouth Oil 5 Pneumatic Scale..10 Pollak 95* 30A !§* 115* 23 Rheem Mfg Co 1 Rhinelander PaperlO Rice Stix Dry Gds.« 50 35* 25* 94 109 B 95* 1* 85* 4 s* 225* 1005* 10 7 63 5* 75* Poor & Co class B_ £y* 96 355* 7% 1st pref—100 Plymouth 855* 475* Preferred. 100 Pittston Co * Plant (Thos G)— Plough Inc Class A 9 9 Pitts Term Coal— Stor & Whse__100 145* 29* 129* 1215* £ Penn-Mex Fuel 1 Penn Rivet Corp.. 1 Penn Salt Mfg...50 Penn Sugar 20 Penn Traffic 25* Class Class 88 39 7% conv pref A. Penn Glass Sand— Units.. 18 139* 25* 35* Penn Coal & Coke 10 Pa-Dixie Cement. Pitts Screw & Bolt.* Pittsburgh Steel—* 7% pref B 100 65*% prior pf-100 5% pref A 100 Plume & Atwood.25 9 19* 25* 135* * Transport 51" i!54 Pacific West Oil. -10 Pgh Metallurgical 10 Pittsg PI Glass—25 t c.. 1 7% cum pref. .100 55*%cumpf__100 Reynolds Metals. _* 55*% conv pf.100 Reynolds Spring 1 Reynolds Tob 10 6 33 85* 815* 145* 135* 935* 65* 591 w.,25 v 65* 65* Pitts Coke & Iron..* $5 conv pref * Pitts Forgings 1 w J- 95* 6% conv pref.100 6% prior pf A. 100 Revere Cop & Br. .5 9 3ly' Pleas't ValWine Col 63 48 Pacific Coast Co.. 10 1st preferred * 2d preferred * Page-Hersey Tubes "6" 5 Pac Amer Fisheries 6 Pacific Can * Pacific Coast Cem_* Packard Motor 405* ily> 92 Ox Fibre Brush Oxford Paper com.* $6 preferred A • $5 preference * Package Mach i* 2 pref.25 235* 235* 70 Pitney-Bowes Post.* Pitts Coal (Pa).. 100 6% preferred-. 100 16" Republic Air Prods 1 Republic Aviation, i Republic Steel. * 85^> 215* 9 8L 1015* 55* 225* warrants Preferred - 22 100 Par Scranton Lace 8& » Reliance El & Eng 5 Reliance Mfg Co. 10 Reo Motors - 7* Rem'tn Rand com.l 3 - 55* 100 conv 45* — 5 7% 1st pref...100 Reiter-Foster Oil. 5* Reliance Steel.. 215* 315* ♦ Preferred 49 90 Remington Arms.. 1 85* 25* * 99 Preferred 25 Reis (Robt) & Co..* Bond Pirelli Co of Italy— Am shs 500 lire.. 6 * 155* 23 955* 205* 45* • Reliable Stores • 49 50 Mills Ltd - 39* 65*% pref 100 Regal Shoe pref.100 Regent Knitting $1.50 15* 1 89 175* 45* 35* — Bid Stocks 19* 39* 45* 47 47 * _ '25* Explorat.-l Preferred 84 Oliver Farm Equip.* Oliver Un Filters B * Omar Inc 1 J* 1 1 com Reed Roller Bit, Reeves (Daniel) 48 25* 115* Pillsb Flour Mills..* Piper Aircraft 120 Class A Reed Prentice Preferred Units Preferred 40 3 * Red Rock Bottlers. 1 Reed Drug com 4 435* pref.100 conv J** 49 35* 395* Preferred.., 8% 135* 42 Pierce Butler Rad.5 Pierce Governor—* Pierce Oil Corp— Pilgrim 25 135* 45* Pick (Albert) com.l 23 55* 20 Philco Machine Corp Ohio Leather 22 142 e9* 4* 100 Ohio Brass B Ohio Forge & 2 100 Otis Steel 35* 205* 105* 75* 45* 345* 195* 95* 75* Corp com..3 Phillip-Jones Corp.* 7% preferred- .100 Phillips Packing * Phillips Petrol * Phoenix Hosiery—5 7% preferred-.100 common 05* "25* Phelps-Dodge 13 5* Oceanic Trading. 10c Oglllve Flour Mills.* Okonite Red Bank Oil 5* Phila Dairy Prod..* 31 Novadel Agene • Noxzema Chem. 1 Nu-Enamel ...1 Oil Exploration 22 20M Ask Per share 1 19* Par 27 30 STOCKS Bid Stocks share 3 7% preferred...60 Ohio Match Ohio Oil Ask Bid 22 §8* N'west Yeast 50 Norwalk Tire& Rub* Preferred MISCELLANEOUS possible for the closing day of the month preceding the date of Issue Par 13 Warrants Northwest Airlines.* N'west Engine * Norw Stocks share Northrop Aircraft & are as near as conv pref A Spiegel Inc com * 2 $4.50 conv pref..* Sport Products.7 Springfield Ice& F.5 Square D Co 1 5% conv pref.100 Squibb (R R) & Son* $5 pref ser A....* 215* I" 25* 49* 55 199* 15* 41 r; 339* 57,5* 65* 52J 8L 15* 329* 1125* 38 113 INDUSTRIAL dec., 1940] Stocks Per Stahl-Meyer com..* 1 100 share Thew Shovel 1% 113% We Tide w Assn Oil..10 -123* Tilo Hoofing com__l 10 18 19 107 111 6% 109% % 3% . Conv 100 97 12 preferred-10 6 % 4%% 4 Standard Coated % 5 3% Time Inc 13* 4% Tishman pref .20 4 % 25% 26 48 18 19 3* 34% 31% Stand Oil (Ohio)—25 5% preferred-.100 110 Standard Products .1 Standard Screw.-20 Preferred a 100 Stand Silica com—1 8% 40 y2 if* 111 Picture 8% 3% 25% 13* Steel ~3% 20 18% Trico 56 36% 7% 5% 16% 0% 4% 6% 16% 0% 4% 45 Twin 10% UdyliteCorp Ulen 7% We 1% Sterling Brewers—.1 Sterling, Inc 1 $1.50 preferred..* Sterling Products. 10 13 15 61% 2% 29 Strawb'ge & Clothier 6 % preferred-. 100 7% preferred.. 100 Stromberg Carlson. * 8i* Stroock (s) & Co..* Strouss Hirshberg.* 14% 12% Struthers Wells Titus vllle com—* 5% 13% 1.25 preferred..* Studebaker Oorp—1 8 Submarine Signal-25 Sullivan Mach'y—* 20% U% * 51 6% cum pref. .100 Sunray Drug 1 Sunray Oil 1 5%% conv pf 60 Superheater Co * Superior Oil Corp__l Superior Oil (Cal) 25 Superior Portland Cement a pref * 124 11% 1% 38% 17% 1% 25% 30% 0% * 16 2% 2% % 20% 1 Sutherland Paper.10 Swan Finch Oil--. 15 6 25 Steel 104 "7% 14% 13% 6% 13% 8% ?!* 51% 125% 11% 1% 41 18 1% 27% 3% % 22% 6% 3% "5" 2 2% 21% 1 1% 1 Swift & Co 25 21% Swift Internat Ltd— dep ctfs of bear shs Sylvania Industrial * Symington Gould— Common w w x w 17% 10% Talon Inc , 1 7% 6% 4% 383^ 56 % 3% 3% 36 common .5 54 Tampax Inc 1 Tappan Stove —-.5 Taylor-Colquitt Co 6 2% 18 19 29 Taylorcraft Aviat'n 1 Conv preferred a * Taylor & Fenn__100 Technicolor Inc 32 1% Texas Corporation 25 37% * 3 Texas Gulf Salph..* Tex Pac Coal & Oil 10 35% 0% .1 4% 2% 8% 37% 4% 31% Tnatcher Mfg * *3.60 conv pref..* / pref 8 38% 3% 36% 6% & Mfre v t c 1 United Milk Prod..* $3 part pref * 10 10% 24 25 United Molasses Ltd Amer dep rcts._£l Unit Paper board. 10 1 1 10 * No par value, 3% 55 % 1% 4% 3% % 8% Class a * 26 b * 11 1 We 1% 1% 55% 43% 7% % 10% 1 _ Un Shoe Mach..-25 ,__25 Specialties. 1 5 a * * 7% 1st pref—100 Vapor Car Heating * 112% 59 Venezuela 1% Petrol. 1 Synd 2 % 5% 0% 9 * 5 6% 60% 173% 5% .100 5% % conv Df..50 Holding * 28% 6% 21% 4% u s com..* pf.100 57 Part conv& cl a.* 8 1 3% 30% 31% 61 % 0% 8% % 21c % 26c 2 6 Gas — 23* 1 * 4% * $6 preferred Wilson' Line 63 20% 83 11% 1 % 7% * Preferred 100 Willson Products..1 Wilsonite Products 1 Wilson-Jones * 20c Wins ed 40c 2 4 Winters & Compt.l Witherbee Sherman Class a 100 Corp com Va-Car Chemical. .* 6% part pref_-1001 Va Coal & Iron 100 va Iron o & c..100 5% preferred.-100 Vogt Mfg * Vulcan Corp * $3 pref * * Vulcan DetinninglOO 7 % preferred 100 Vultee Aircraft *1 . Waco Aircraft Wagner Bak * 23% 2Q%\ 1 %\ 25 ~4" 12 10% 1% 313* 17% 102 135 "8% 1 4% 8% 92 283* Waitt&Bond Inc a * 4 Waldorf System * Walgreen Co com__* 4%% pref w w 100 Walker (h) Good'm & Worts com..* Preferred Waltham Watch * 243* 30% % k Last sale, % 0% 22% 101% 102 20% 12% 30 com 13% 9 6 80 _ _ * 6% preferred 10 Ward Baking Corp— Com class a * Com class b * 32" 27 5% 7% 5% 4 5 % 7% preferred.-100 14% Warner Bros. Plct._5 3% $3.85 conv Warner Co pf * * com * Warner & Swasey Warren Bros $3 _ _ 45 2% 8 % 15% 3% 50 3 7 10 5% 2 Wood (Alan) Steel.* 7 % preferred.. 100 5% 83* 89 % 4% Wolverine Tube Woodley Petrol 1 Wood Newspaper Machinery pref..* 10 . Prior pref units Woodward Iron.. 10 Woodw'd & Loth'plO 25 31 j* 4$ 116% Preferred 100 Woolw'th (f w)_10 Woolworth Ltd— 32% Am dep rects ord. Preference 2 Worcester Salt. .100 45 5 Worrhington Pump Mach 21% 100 6% pref b 100 4% % conv prior preferred 100 4%% series prior preferred 100 Wright Aeronaut'1_* Wrigley (Wm) Jr..* Wurlitzer (r) com 10 Preferred 100 Wyman Gordon Yellow Truck 59 ii* 7% preferred..100 43 23% 16% 20% 173* 21% 6 95 2 3v% 80 "17% Wellington Oil 1 Wells Fargo & Oo._l Wentworth Mfg_13* 2 "23* 1 1 % 2 10% 12 Canadian price, Car 73% 22% 163* 118 3% 42 92 129 100 11 » Steel common 5 6% Youngstown Steel Door common * 17 Youngstown Sheet & Tube common—* 40% 5%% pref. .100 Young (Thomas) 96% Nurseries com Zenith Radio Zonite Products t New stock, 98 70% * & Wire.. Youngstown 80% 6% 21 Young (l a) Spring 15% 108% * Preferred 103 70% 7% Preferred-.100 Young (j s) Co..100 32 56 92 Coach Mfg cl b..1 7% preferred-.100 1% 8% 30 63 53 & * 30 87 82 77 * 25 Yale & Towne 22% 85 * 7% pref a York Ice Mach 1 r 29 5 Portland com 243* Welch g'pe Juice2% Preferred 100 Nominal, Goodwill 23% Webster Eisenlohr.* n Wolverine Cement 9 50 * cum Wayne Pump The Station & 7% prior pref. 100 6 % preferred 100 Warwick Co v t c Waukesha Motor. _6 8% 3% 31% 32% 6 % 8% 21% 1 6% preferred wjr 76 * 13* Class c 9 8% % 3% 7% i % Class b 2% 24% 2 0% % 27% 15% 07% 120 2% Hosiery 100 4 3* 27 Preferred j 24% 3% 2% 23% 30% ■ -1 100 v t c 4% 63 6% 3% 1% 3% 10 Wilson & Co 44% 21% 33 1% 1 .5 wm Oil-o-Mat--.* Williams (r o).-* 10c pref * Warr n Fdy & Pipe * Warren (Northam) $3 conv pref * 5% 3% 5 110 6 3* * 100 10c 5 Gypsum. _* Preferred 176 % 15c 1 50c 42% Victoria 7 70 0 pref_20 _ com Willys-Overland 6% conv pref 100 8% 10% 48% % 20 u s Postal Meter. 114% 28 100 Walworth Co 44 5% Machine.5 conv 1% * Common.. 31" 27 26 Chocolate Willcox & Gibbs. _50 Wilcox (h f) Oil 12 10 Suchard Preferred 62 20% 1% 56% 1 Corp— 4% 34 Van Camp Milk 1% 1% Van Nor Mach Tool5 Van Raalte Co 5 109 104 u s Ind Alcohol—* $1.50 % 1% Called for redemption, see page 111 43% 100 u s Plywood 8% Will & Baumer Preferred % Class 5 41 93 34 Wilbur Wagner Electric..15 2% 5% Steel common._10 Wico Electric Co 88 * Class b 10 3 _ Spencer 33% 8% preferred. .100 Vanadium Corp Warrants Sharing. _-.-__25c cum pr Wickwire Preferred $50 Wilcox Gay Corp__l _ 78 Preferred 100 Unit Piece Dye com* Preferred 100 United Profit 7% - Wichita River Oil. 10 20 4%% oref. ... u s Leather 17 3^ 22 Merchants u s Lines pref * u s Pipe & Fdy. .20 u s Playing Card.10 Land Texon Oil & Land..2 conv 2 23% Whittaker Paper com 7 % preferred 100 & , 15 71% u s HofT 5 $3 35% 7% preferred Thermoid Co 9 4% 70 55 22 Pacific 8 34 53 1% % We 16% 18 1 4% 57 3 98 41 105 63* Whitman(wm)pfl00 8 5 5 Freight ~1% "% 96 Victor Chemical 30% .7% __* 7% first pref .100 423* Vinco * u s Graphite Comraon 2 1.55 6 6% 4% 3% _* u s 34 20% 9 93 8 7 5% 4% 2% 20% 5 Finishing .4% 41% Preferred United u s Foil b 1 * 20 White (ss) Dental 20 White Rk Min Spgs- Mach pref conv Prior pref * Preferred * 2 34% Whitlock Mfg Co 25 Veeder Root Inc...* 20% 10% 32 % _ Vick Chemical 10% 137 10% * Sugar common. .5 Vicana Sugar v t c.3 United Drug. 5 United Dyewood.10 u s Gypsum 21% 1 1.40 v ertientes-Camag'y 7% conv pref. 100 u s Envelope 100 * Trust efts 57% Stores com 10c $5 preferred * United Drill & Tool Class a -_* 11% 0% 3% 7% 2% 19 $4 preferred 6% Dreferred__100 United Cigar-Whalen u s 157% 11% * Vega Airplane United Westland Oil * 1 5 Venezuelan $3 part pref * United Cigar Stores- 135 Westmoreland White Sew 0% 00 Preferred 10 16% 1% 13% 105% 58 11% 21% 105 18 97 Valley Osage Oil Valspar com $4 conv pref 28" 10% 43% 21% Westinghouse Elec 6 Mfg com 50 7% 1st part pf_5q 5% conv pref.-30 a 33 3* 4%% pref * 108 Shoe 1 Weyerhaeuser Timb* 35 Wheel Steel Corp * 29% 6% Preferred.-100 105 $5 conv prior pf.* 72 w hite Motor 1 14% 100 pref. .100 Valley Mould & Iron Common-. * 13% 65 Preferred 4% cum 20% u s Distributing Ref & 7% 12 Liquidating ctfs. 4% Preferred 10 Utah Radio Prod-.l Vacuum Concrete. 1 Vadsco Sales Corp.* 20 Un Shipyards b Class a 1 % 56 United Preferred 6 1 152 2 18% 1 com Weston e Instru 12 % Westvaco Chlorine.* 4 * 52 United 5% 1% 7% Universal Prod % 16 Stationery * Westgate Greenland Coal 20 Westmoreland Inc.l 61 17% 111 Fruit 5% 8% preferred. .100 "4% 50 111 Brake common._* 1% 6% 1% 6% 1 8% 1st pref 3% 45 r Westinghouse Air 7 79 Universal Pictures _1 25% r Western Newspaper Union common. _* Western Tablet & Oil 15 1 10 10% 2% 18% 104% 5% • * Oil 51 Electric Coal Cos com Un Eng & Fdy 7% Universal-Cyclops Steel Corp 109 Chemical.-* 30% 47 14% Consol 5% preferred. .100 b 20% 46% 74 Universal Corp vtc.l United Carbon * United-Carr Fast..* 0% Term Warehoust 100 Texas 16% % 13% Transport —..5 10% 0% 3 % 7% 2% Warehouse Corp50 Term a i'rans com. i Texas Gulf Prod 15% 27% Lines 3 90 * * Telaut'g'ph Corp..5 Corp 5 Prod .* Preferred 27% 0% 43% 0% Un Artist Theatre.* United Biscuit * Class 82 * Conv partic a b Class 13% 39 United Aircraft 5 Un Aircraft Prod-.l 0 Tennessee Tennessee Terminal 14% 26% Stores com 1 Conv preferred-15 Preferred. com. 13% Un St Yds Omaha 100 Union Tank Car * Union Wire Rope..* Air * 4% 4 Valvoline Oil comlOO 10 9 25 2% Taylor-Wharton Iron & Steel 71 3% United Screw & Bolt 1 Taggart Corp $2.60 pref 17% 21% 7% 0% 1 Common 13% 71% United Elastic 11% 16% 2% Business Machine 13% Mfg United 16 Sweets Co of Am.50 Swift & Paper * common United Susquehanna Silk Mills class a -.1 Sweets 32 7% preferred..100 Superior Steel 100 Superior Tool & Diel Preferred 30% 3% Union Carb & Carb * 68 1% Fisher.* Mfg..10 Union 6%% preferred 100 Class b pref pref Upson Co com. 12 % Utah-Idaho Sugar.5 Union Oil of Calif.25 Union Premier Food 102 United Stockyards— Common 1 Conv preferred--* United Stores a 5 Universal * * 15% 7% % 10% 4% 12% 7% 8% 25 com Series b Underw Ell Unexcelled Union Bag Corp 1 pref ~3% 4% 11% 7% Webster--* Class b i 10 co— 3% 1 com & * 2% 3% Univ Leaf Tob com__l 13% 7% % Stlx Baer & Fuller. 10 Stokely Bros Conv pref Oil 1% 00% 1% Stetson (j b) * Preferred —25 Stewart-Warner 5 Stinnes (Hugo)Corp5 oun 1 1 Coach Series a 7% * common Preferred a Stone & 3% * u s Tobacco 7 % non-cum pf.25 u s Truck Lines.-1 0% 39 8 1% 4% 1% 7% Lamp conv Western Groc Ltd.* Preferred 100 Universal Cooler— % 8% 13 1 Preferred 6% prior pref. 100 10 13% 72% 128% 71 68% 128% 69% 43* 100 8 * 1 53* Western Cartridge Co Preferred 100 West Grocer Co. .20 Common 65 u s Sugar Corp Preferred .100 25 7 7 % preferred-_ 100 u s Stores— 6% 10 63 1.10 1 pref * 20th Cent Fox Film Common _* $1.50 preferred..* 13 25 Common 50c. United Stove 1 United Wall Paper_2 05c Steel 80c div 23 * conv 0% 2% 17% 103% Western Air Expr. West Auto Supply- 4% 4% 8% Tung-Sol 23% 00% 3% 3% Truscon % 23 % u ssm Ref & Mln50 7 % preferred 50 u s Steel Corp * $6 3% * 80% 3% * * Truax-Traer Coal..* Trunz Pork Stores.* 12% 3% Stern Bros 1% Foundry 10 7% 2% 38% % Stein (a)& Co com ♦ com 18 1 78" Products 5 35 67 w Va Coal & Coke. ♦ 1st pf-100 n-cu 2 Delaware % 48% 71% 6% 1st pref-—50 5% 2d pref 20 Sterling Aluminum 1 * pref conv West Va Pulp Pap 7% 2% 36% * l*roducts Common v t c--1 Steel Co of Can—♦ Preferred 25 Steel Products Eng 1 Sterchi Bros com..* 20 47% Trojan Oil & Gas of 22 34% 8% 19 West Indies Sugar. 1 West Michigan Steel "% Prior preferred Preferred a Williams Forging Triumph Explos 1% 54 u s Rubb Reel 14% 32% 31% 17% Transwestern Oil .10 26 Phosphate & Acid 25 Starrett (l s) Oo__* Starrett Corp— u s Rubber * com % Un Steel & Wire 1st warrants 2nd warrants Stanley Works 97 77 Screen..1 Transue & 43 125 Stand Steel Spring. 5 Stand TubecfB—1 Standard Wholesale 11 8% 25% 16* 15 Per share Wesson Oil & Snow $4 1 15% 2 6% preferred—50 4 Transcontinental & West Air Line 5 Trans Lux Daylight 32% 1% 14% u s Radium a u s Realty <fc Imp.* 30 Securities._* Preferred 100 10% 1 Bid Par shar° drift 1% 18% 0% 13% 31% 20% Towne 17 % 50 Conv 1st pref 45 • 6% pref a u s Radiator 76 & 33 Per 31% 33 45/ Pump 5 Toledo Shipbuild—* Tor-ring ton Co * 31 Stand Oil (Ky) 10 Stand Oil of n j-.25 % * * * tt s Potash u s Print & Lltho— Common * Tokheim Oil Tank 5% * Stand Oil (Ind)—25 Stand Oil (Kan)..10 Works 28 Vs 46 1 Realty Tob Prod Expts Todd Shipyards 2 13 12 Stand Fruit & 8 s.10 Preferred—Stand Oil (Oal) Aircraft timm % % 1% 10% 20% 5% 120 125 ■* com Timken Tobacco com 1 Standard Dredging Common.-.. 1 conv 23 Timken-Det Axle. 10 Roll Bear.* Stand Commercial $1.60 1% 17% 0% 85% 7% pref.* conv Par Stocks Ask Bid Stocks share 117 115 $1.40 conv pref_20 Products com-10c Preferred 18% 27% 5% 32% 5 Thompson Auto Arm 1 Thompson (j r)__25 Thompson Prod * $5 conv prior pf_* Thompson-Starrett * $3 ^preferred * 7% preferred--100 15 preferred * Standard Brands--* $4.50 cum pref__* Standard Brewing. * Stand Cap & Seal 1 Staley Mfg Co Ask Per Par 19 Preferred possible for the closing day of the month preceding the date of Issue Bid Stocks Ask Bid Par 91 STOCKS MISCELLANEOUS & Quotations for all securities are as near as 1 12% * 1 16 „ x Ex-dividerd. 23* 16% 118% 4% 45% in The custom In reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore, furnishing the prices below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a certain basis 6ercentage bond In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For ' instance, a in our list matures from 1941 to 1951 and is quoted 0.50 to 3.00%—this would Indicate that the earliest maturity yields 0.50% and the latter maturity is yielding 3.00%. Therefore, in the following list, It must be remembered the word to indicates that the figures shown are the yield basis for various maturities: all other figures are bid and asked prices. Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Yield Basis Bid UNITED STATES—See Yield Basis To or Bonds Ask also pa ge Bonds Ask Bid 19. 1Mb 1942, 1946. 1949—M&S b 1.00 48 pub highway 1949-51-M&S b 2.00 4s refunding 1941-1954—J&J b 0.75 to 2.40 114.4 s Mar 15 1941-1943 M&S tl01.31 102.1 s June 15 1943-1947 J&D 3Ms refunding 1955-1965-J&J b 2.35 State Bridge Corp 4s 1940-1951 103 Bridge Auth. 4s July 1 1957— 106 108.4 [a s F&A Aug 1 1941 116.10 116.7 108.6 103 • 108.16 109.18 113.11 114.25 102.30 Oct 15 1943-1945. A&O 108.14 5s schools 1941-1947—-J&J Bessemer New ref 4% s Apr 15 1944-1946-A&0 109.15 is June 15 1946-1949 J&D 113.8 3 Ms Dec 15 1949-1952 J&D 114.22 3s June 15 1946-1948.-J&D 112.17 112.20 3s Sept 15 1951-1955--M&S 113.1 113.4 2 Ms Mar 15 1955-1960 M&S 110.29 110.31 2 Ms Sept 15 1945-1947 M&S 110 110.3 2 Ms Mar 15 1948-1951 M&S 111 111.3 . s June 151958-1963 J&D 3s 2 Ha Dec 15 1949-1953 J&D 108.8 4Mb Ot House 1941-43 M&N 4Mb Ref 1941-1961—A&O Mobile City— 3MsGen ref'44-Decl70 J&J 4s Tunnel Rev 1969—M&N Mobile County— 4Mb June 1 1941-1948 feral Farm 103.23 127 102 104.3 101.10 102.14 102.16 101.5 101.3 to 107 to 1.60 to 3.00 to 2.70 3.00 3s B ref due 1976.A&0 104 to 3.10 Los Angeles City High Sch Dis to 3.80 5Ms Nov 1941-1960—M&N '64 opt '44. _-J&J 1945 5s 101 4s 1941-1961 101 Ref 4 Ms 1948-1977.F&A b 1.80 Ref 3 Ms 1978-1987.F&A b 2.70 Ref 4s 1946-1986 F&A b 1.50 Ref 4s 1971-1988 A&O b 2.75 to 2 90 to 3.40 3.30 to 3.60 0.75 Ref 3s 1953-1988 Modesto Irrig Dist 6s 2.90 to 3.40 to 3.40 4Mb 1946 to 0.75 42 Orange Co 5s 1941-1945.M&S 0.25 to 1.10 3s Dec 1 1948 Flood Control District— 5s 1941-1943 J2&J2 b Par 2s 1944-1951. J2&J2 b Par 2 Ms 1952-1953—. J2&J2 to 2.75 % less 1 less 1 less to 2.25 102 M 2s 1941-1949 J&J 0.25 1 to 2.45 % 102 102M 102M Hetch 4Mb 1967-1977 J&J Spring Val 4Mb '67-'69.J&J San Joaquin Co 5s '41 '49.J&J Santa Barbara 5s 1942..JanlO 4Mb gold Aug 1943 F&A Turlock Irrig Dist 6s 2.35 to 2.45 2.35 to 2.40 0.20 to 1.60 102 102 102 101M 100 101 CANADA—See 2.00 to 3.20 2.90 5Ms 1955-1965 126 106 4Ms July 1957 ...J&J 106 5s Feb 1 1952 F&A 108 5Ms Aug 1 1941j 6 0.20 San Fran-Oak 4s 1976-M&N 110M 4s 1941-1964 M&N 6 0.20 0.30 2.40 to 2.65 % 0.30 to 2.10 111M 0.30 to 1.30 2.90 3.65% March 1, 1950-1954- 2.00 to 2.20 to 2.20 to 2 Ms Sew dist 1 $47-56.A&O 1.60 0.20 to 1.50 3s 1963-1972 opt 1955.A&0 2.40 to 1.40 0.20 to 2.30 0.20 to 1. 1963-1972 opt 1955.A&0 2M8 Sewer Disp *47-'50A&O to Moffat 5 Ms 5 Ms 5 Ms "0.60 to 1.60 Alameda 4s 1941 J&D 0.20 J&J 106M 115M 108 1.40 4 Ms Mun Imp *41-'48.A&0 Bakersfield 5s 19 41-1952.A&O to 1.40 Berkeley 5s 1942-1951 J&J to 1.50 5s School 1941-1955 J&J to 134 ALABAMA 3Msrenewal class G 1956-J&J 6 4Msharborimpt June 1 *41-'73 b 4M« highways 1952 M&a'ft 4Mb 1956 and 1959 M&S b 4srenewal July 1. 1956 b t Called for redemption, 2.65 2.25 to 2.60 2.10 2.00 2.40 2.30 2.30 see page East Bay Mun Util Dist— 5s 1942-1974---. J&J East Contra Costa IrrigDlstbs Golden Gate Bridge & H'way3 Mb series O 1942-1971 J&J 2.15 0.50 J&J 2.25 111 to 1.80 Tax-free in Connecticut. 6 Basis. to 2.10 % 1.50 to 3.15 % % % 1.80 to 1.90 3.15 to 3.40 J&J 3.65 1Mb April 15 1944-1949 1Mb April 15 1950-1961 1Mb April 15 1962-1971 Funding and building bonds— lMs 1944-1958 J&D 3.45 % to 1.00 to 1.35 o b 0.70 to 1.30 % to 1.40 F&A 0.70 1.40 to 1.50 Branford (T) 2s 1941-57-J&D to 1.60 b 0.50 b 1.00 &1.40 t 0.50 to 2.50 % % % Hartford Bridge— 2s 1944-1961..- 1.70 to 2.30 1MB 1961-1971 100 F&A 68 Bridgeport— 5s Refunding 1941-48..J&J 1Mb 1940-1948 J15&D15 1 Ms 1942-1950 F&A Bristol to 2.35 % 5Ms 1940-1957...J&D Cornwall 2s 1941-1956 * 2.25 % 1.10 J&J J&J J&J 78 - 2.45 Dist— CONNECTICUT to 1.85 Imperial Irrigation District— Refunding 5s 1983 Refunding 6s 1983 I 2.20 % to 1.80 1.70 123 Tunnel Imp 1944-1963 1947-1956 1964-1973 5s 1974-1983 to 1.50 104 109M 1.25 13894 3.00 % 3MS Mun Water Retire to 2.10 10234 114 1.00 0.20 0.20 102 M 120M 108 M % to 2.00 J&J 4Mb July 1 1947 J&J 4Mb 7-1-56-59 1-1-56-J&J 5s July 1 '44-'43 J&J 5s July 1 1972 J&J % to 0.80 0.80 % 2.60 % 4s reg Jan 1 1944 4s reg Jan 1 1960 11794 2.80 115M 2.00 to 2.10 % Water 1944 J&J 4Mb Ref Wat 1941-67.J&D 4Ms Water 1962-1965.J&D 5 D No 1 4Mb 1941-53.J&J 4s July 1941-1945 J&J F&A J&J % to 2.00 to 1.25 Bridge Authority— Carquinez Toll Bridge— 3s 1941-1954 to 2.10 Ref 1Mb 1941-1943—-M&S b 0.30 Denver (City and County)— 2Mb Jan l 1946 Puerto Rico (Govt of)— J&D b 2.00 2s Highway ref, 1941-'47.J&D b 0.40 Colorado Springs— less Calif Toll Univ Bldg Jan5'41-65J&J Highway 1941-48.J&J30 1941-1947F&A Olympiad 1941-71—J&J2 1941-1952. —F&A 4sHarb Imp 1985 opt '50.J&J 100 M 1.75 5s Jan 2 1941-1943 J&J2 107 M 3.70 4s Jan 2 1944-1948 J&J2 109 3.83 3 Ms Jan 1 1941-1949 J&J 108 M 3.80 Veterans Welfare— 110% 3.85 3s Feb 1941-1952 F&A 103 M 0.50 2 Ms Feb 1 1941-1954-F&A 2Mb Feb 1 1941-1954-F&A 106M 94. 4 Ms 129 2.70 4Mb 4Mb 111M 1.40 4Mb 117M 1.25 4Mb 127M 2.70 4MB -A&O 0.50 2.60 2 Ms State H'way *41-'54-J&D b 0.40 J&D b 0.40 CALIFORNIA 1.65 4Mb Oct 1 1959 page 3s warrants 1941-1951 2 Ms warrants 1952-'54 3.70 2.00 4Ms July 1 & 1.5 1952...J&J I 0°40 COLORADO 2.00 4s 1958-1960 103 105M 0.60 117M 1.40 124M 2.60 99 Hetchy— 101 103 2.85 102M 0.60 125 % 2.20 % to to 3.30 110 J&D *46-'26_MJSD to 2.35 to 2.45 Is Water Rev 1941-76.F&A Little Rock S D 4s '41-*55 M&S St Francis Levee Dist— % 102 M 1.00 116 % 0.25 0.25 1.00 10734 104 % 11534 12134 J&D % to 0.75 Little Rock— 103.1 109M /I % 102 3s 1949 —Jan. 1 3s Attorney Gen opt 1944 3s Rose, Hemingway opt 1944 Hot Springs 4Ms '41-'50-M&S 100 M&S to 2.40 to 2.25 0.25 0.25 4s 1944 J&J to 2.05 0.25 2.10 102 - 4Mb Fund 1941-1950-M&N —J&D to 1.10 0.60 0.25 F&A 3 Ms g July 1 1941-1944. J&J San Francisco (City & County) 5s Water 1941-1969 J&J 4Ms Water '57 '58. '59.J&J 1 to 0.90 0.30 4s Wat Distrib '40-'63-J&D 101M 101M 101M 99 M 100 M 100M Philippine Government— 1 to 4.00 I to 2.00 4Mb Water 1941-1977..J&J 4M-4s 4M-4b 4M~4s 10134 101M to 2.10 0.20 to 0.40 102M 102M 101.20 101.26 101.26 102 100.5 to 2.00 5s School 1941-1966 4 Ms Water 1941-1964 to 4.10 % 1°90 102 5s 1961-1967 5s 1968-1977 J&J 5s June 15 1955.. J&J 6 2.50 100.27 100.29 100.30 101 4Ms May 15 1942 M&N 4Ms Oct 15 *56-'46 A&O 4MB Nov 15 1956 M&N 4MB Nov 15 1958 M&N Honolulu (Cicy & County) 4s reg Dec 1945-59.-J&J 6 3.00 J&J 6 3.00 Riverside Co 5s *41-'54-.M&N b 0.25 Sacramento 4s Jan 1942-1945 0.30 | % % % to 1.90 3s 1941-1968. J&J Sacram'to Co 4 Ms '41-'46 J&D San Diego 5s W W *43-'54A&0 1 to 2.00 Redlands 5s 1941-1951.J&J15 b 0.25 Riversid* 5s 1941-1953.-J&D b Par 1 to 2.75 less to 1.75 2s 1954-1958 J2&J2 b 1.90 Pasadena 4s 1941-1942...J&J b Par to 2.90 less to 0.75 _ ARKANSAS ield 3Mb Sept 15 1946 5s|Dec 15 '55-'45 Corp 5s 1943-1948 5s 1949-1953 5s 1954-1960 M&S to 0.60 to 2.15 40 to 3.10 I to 0.60 0.20 1 % 2.60 0.20 0.20 J&J 6 2.75 J&J 6 0.50 Tucson 5s Water 1950 101.14 to 2.75 0.20 4Ms 1941-1965F&A Oakland 8 D 4s 1941-44.-J&J 4Mb 1946-1960 100.25 to 2.80 to 3.30 less % to 2.80 % Oakland 5 Ms 1941-1943-F&A 4 Ms Mun Imp *41-'43-F&A Salt River Project Agric Impt & Power District— 100.29 A&O b 2.00 to 2.80 to 2.80 6 2.00 5s W W 1941-1950 Phoenix Un H S D 4 Ms 1948 6 2.25 Prescott 5s 1948. J&J 6 2.50 100.18 1.70 of Southern California— Colorado River Waterworks to 3.10 to _ TERRITORIAL AND INSULAR Hawaii (Territory)— lMs Sept 1 1944 2.10s July 20 1942 2Ms July 10 1954 to 2.90 to 2.60 Metropolitan Water District 100.13 100.3 102.30 to 2.50 b 0.50 2 90 112 100.16 100.23 100.27 101.12 to 2.55 b 0.50 3 2.90 100.11 2% notes May 16 '43 opt '40 1H% Jan 3 1944 opt 40— Reconstruction Finance Corp M% notes JUly 20 1941 M% Nov 1 1941 H% Jan 15 1942 Is July 1 1942 XJ S Housing Authority— Ms Nov f 1941 1M % notes Feb 1 1944 104 h to 2.70 J&J 6 3.00 11VA _ 101 101 100 F&A b 0.50 J&D b 0.50 1941-1964 103 100 b 0.50 Ms Jan 1 1941-1960 Los AngOo4Ms '41-'49__F&A 111M M% May 1 1943 Federal Natl Mtge Assn— % to 2.50 b 3.25 May 1 110M H% Aug 1 1941-..— 1% Nov 15 1941 to 2.50 to 1.80 to 103 Highway 6s Jan 15 serially 6 0.50 Co Ct H'se4Ms '40-18 J&D 6 0.25 Phoenix 4 Ms '50 opt '30-J&J 6 2.50 4Mb 1941-1956 J&J 6 0.50 110M 4s July 1 to 106 1.80 1.90 109 M 109% Commodity Credit Corp— 0.50 b 2.50 b 1.50 School No. 1 5s 1945—J&J 6 2.00 108.4 3MsMav l'55opt'45--M&N 110 4s July 1 '46 opt *44 J&J 111M to 107 ARIZONA 2Ms ser G 1942-1944—_J&J 103.10 103.13 1 Ms ser M 1945-1947.-J&D 103.5 103.2 Ms May 15 1941 100.11 100.8 Federal Land Bank — Farm Loan Bonds 110M 0.50 0.50 b 6s Jan 1 July 1 '55 opt '45—J&J 109 3s Jan 1 '56 opt '46 J&J 109% 3s May 1'56 opt '46—M&N to 3.10 J&D 3M 1941-1954 J&D 3 Ms ser A 1941-1977-J&J 3 Mb 1948-1958 J&D Maricopa County— 100 13 100 15 102.28 103.2 3s % 0.50 3 Mb 1941-1977 b 0.50 103.13 M&N 108.10 108.13 M&S 103.10 103.14 Federal Home Loan Banks— Ms April 15 1941 100.4 100.3 108.2 % % 2Mb 1941-1948 A&O 2Mb 1949-1960—A&O 2Mb 1961-1976 A&O Tuscumbia refunding 1 %to4 % .M&S 108.16 108.20 Home Owners' Loan Corp— 3s ser A 1944-1952__M&N to 2.60 1947 1959 to 2.80 4s 3sl944-1949 2 Ms 1942-1947 MsApril 15 1942 Apr 1 1943 to 2.00 2.00 . 0.75 b 1.00 _ Mtge Corp— 2s 1.00 J&D 2Ms 3.75 Tuscaloosa (City)—5 Ms serial 6 2.00 4 Ms 6 2.00 6 2.00 4MS 102.8 103.9 % % 52 J&J 6 1.00 6s ref pub impt '41-53 M&N 6 1.50 Tuscaloosa Co 6s Bridge 1941 6 1.00 5s Road 1957 M&S 6 3.00 102.16 102.18 102.9 102.7 102.24 102.26 101.8 _J&.T to 2.50 Electric Plant Revenue— Ref 4s 1941 to 1975.J&D 3.00 b 1.00 Tuscaloosa— 5s W W 1941-1957 104.2 102.6 3 Ms 1944-19643s 1942-1947. % to 2.70 0.50 6 1.50 6s Road 1951 102.27 102.29 104.1 104 to 2.70 0.50 Morgan Co 5s road 1952-F&A 6 3.00 Selma (City) 5s-6s 1940-1955- 6 1.50 2 Ms 1941-1952 .J&J 6 1.50 101.27 102.2 % % to 2.60 % to 2.60 % 3.30 Montgomery— 5s funding 1941-1966—J&J 101.26 101.25 — to 2.60 4Mb Sanitary Sewer Jan 1*44 100 Montgomery Co 4Mb 1957-59 b 3 .00 101.24 to 1.00 0.50 to 3.00 to 0°50 to 2.60 3 Ms Sch Dist 1941-81-J&J Water Wks Refunding Rev 3 Ms 1943-1947—J&D. to 2.90 1.25 % to 2.50 % to 2.60 2s 1941-1942 A&O 3s 1943-1949 „.A&0 Series A refunding— 5s School 107.11 106.14 - - 1.00 1.25 to 2.50 Net 5s Municipal 1941-61 -.F&A 5 Ms Harb Imp '41-'61 M&N 98 to 2.80 1.50 Ask 4Mb 1941-1958 _J&D b 1.50 Gen fund 4 Ms 1941-66 J&D b 2.50 108.11 2s Dec 15 1947 J&D 107.8 2s Dec 15 1948-1950—J&D 106.11 2s June 15 1953-1955—J&D 103.21 3s Panama Canal 1961—Q-M 125 3s Conversions 1946 Q-J 111 3s Conversions 1947 .Q-J 112 U S Treasury Notes— 3.65 Jefferson County— 2Ms Sept. 15 1950-52.M&S 108.10 108.13 2Ha Dec 15 1951-1953.J&D 105.29 106 2 Ms June 15 1954-56-J&D 105.21 105.23 Sept 15 1942 % Dec 15 1942 % June 151943 Sept 15 1943 \% Dec 15 1943. 70 Mar 15 1944 % June 15 1944.. Sept 15 1944 /0 March 15 1945- to 110.10 110.1 2Ha Sept 15 1948—_ -M&S 110.12 110.15 % June 15 1941 % Dec 15 1941 ; % Mar 15 1942 A&O 1.00 1.60 5s sewers Sept 20 1941 M&S 1.00 Florence refunding 1% to 4%_ 48 Gadsden 6% impt long mat b 4.00 110.3 Dec 15 1960-1965 J&D 110.6 110.9 1945-J J&D 109.10 109.13 1M% Mar 15 1941 1944-1959 3 Ms impt ref 1941-50-J&J 3 Mb Imp ref 1942-1958 A&O 4s 1941-1961 A&O 4 Ms 1941-1960 A&O 2 Ms Dec 15 . A&O 104 107 to 3.25 110.5 Ts June 15 1951-1954 J&D 110.2 s Sept 15 1956-1959 M&S 110.2 .la Birmingham— 2MB 1941-1952 to 2.45 2.00 3.75 b 0.50 2Mb WatWks 1956-76 M&N b 2.10 3Ms Water wks 1952-1975- b 2.10 3 Ms Water 1941 A&O 0.50 4Ms Water 1941-1970-A&O 0.50 4Ms8ch 1941-1944—-J&D 4Ms 1941-1968 J&J 0.50 4 Ms 1941-1969 M&S 0.50 Anniston— (s Mar 15 1946-1956 M&S Bid Los Angeles (City)— 4s 1941-1962 to 2.40 To or Bonds Net to 1.90 112.13 Treasury Bonds— 4 Ms Oct 15 1947-1952.A&0 112.10 4sDec 15 1944-1954—J&D 114.2 Yield Basis To or Net / Flat price. n Nominal. ..A&O 0.50 % % 99 M to 1.50 0.40 to 1.25 0.40 to 1.30 0.50 to 2.15 0.25 to 2.00 I % 1 STATE Dec., 1940] MUNICIPAL AND Quotation for all securities are as near as possible for the To or Bonds D311KsI?und ,s 2.0O|% 0.25 to 2.00 0.25 to % % 1.10 % 0.25 0.25 to 1.25 0.25 to % ~0.2 5~ 6s 1947 F&A Certificates of deposit.,.. 6s 1948 A&O Certificates of deposit... % 7s 1946 % (School District)— _ 22M A&O Xfl* Certificates of deposit— 21% 1947 J&J / 21 21m Certificates of deposit... 25 Akershus (Dept of) 4s 68 M&S 26 Anhalt 7s to 1946 M&S "22% "25" to 1.75 % 1.75 % 1.75 to to 7s Antioquia Col (Dept of)— Extl s f 7s ser A 1945—J&J 8% 3l" 9 8 Extl 9 8 Certificates of deposit... s f 7s ser B 1945.-J&J 0.75iy0 % to 0.75 % 9 Certificates of deposit— 8 f 7s ser C 1945—J&J % 9 8 9 Certificates of deposit— Extl s f 7s ser D 1945—J&J 8 9 8 9 % to 1.50 8 Extl to 1.00 . Certificates of deposit— to 1.50 % to 1.75 0.25 0.25 4%s Imp 1941-1952..M&N 1mb 1940-1948.....J&D15 to 8 s Certificates of deposit— Extl s f 7s 1957 2d ser.A&O 1.75 % to 1.25 8 f 7s 1957 1st ser.A&O Extl % Haven— l'a Extl 4mb Water ref 1950—F&A 1 Hal941-1954 J&J 6 0.20 Norwalk (City)— 4Mb Sewer 1041-1968.M&S l%s 1941-1959 A&O Norwalk (T) 4Mb 1942..J&D Norwich 4 Vis 1941-1965.M&S 2mb 1941-1959——J2&J2 Rldgefleld (High School)— 1mb 1941-1963J15&J Stamford (C) 4s 1942 M&N 2%s 1941-1961 M&N 1.35 to 1.40 0.25 to 2.10 0.25 to % 1.75 % 0.50 0.50 to 2.50 0.50 to % 2.25 % 6 0.50 6 0.50 to 2.25 0?75 (Town)— »4%s Sch 1941-1965..M&N % 1mB 1941-1950 0.50 0.50 0.50 1Mb 1941-1959.. J&J Torrlngton 2%s l941-'57 A&O to 2.25 0.25 A&O Suffield to 2.00 to 1.60 to 2.00 12 Antwerp (City) extl 5s *58 J&D Argentine Repub— 4%s s f extl loan 1948.M&N Extl s f conv 4Mb '71.M&N S f extl loan 4s Feb *72. F&A S f extl loan 4s Apr '72. A&O 2% Treasury notes 1948— Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 Extl 5s 1957 -M&S Extl 4Mb 1956 M&N Austrian Govt 7s 1957—J&J Baden extl s f 7s 1951 J&J Bank of Colombia 7s *47. A&O to 2.00 2Mb April 1 1941-1947 2Mb April 1 1948-1957 2%s April 1 1958-1966 1Mb highway 1941-1979..J&J Kent Co 4Mb 1945-1950.M&S 0.25 to 4s 1941-1952 2mb 1941-1953 1.30 1.75 0.25 1.00 to to 1.80 Bolivia 1.25 % 1.75 % % to 2.00 % to 1.75 % New Castle County— 6%s 1941-1944. J&J Sussex Co 5s 1941-1970—J&J 4mb 1941-1953 A&O Wilmington— 4Mb Bldg Con '53-'62 M&S 4Mb 1941-1958 (s-a)..A&0 6 0.50 to 1.50 % 6 0.50 6 0.50 to 2.50 % to 2.50 % -—A&O 6 1.25 A&O 6 0.50 5s 1947-1949 4s 1942-1948 to 2.00 to to % 2.00 % 1,50 % to 1.50 % FLORIDA Brevard County School Tax Districts No. 1 & 4 Refund- 80 75 Columbia Co Road 6s 1955.. 6 3.90 ' New refunding 2 %-5s 197789 87 Dade Co 5s Oct 1947-54.A&O 6 3.70 3.65 % Special Tax Sch Dist No. 2 Ref 4s 1956-1967—-M&N 106 103 Ref 3%s1941-1947 103 M&S 101 Duval Co Road 5« 1956--A&O 6 3.10 2.90 Duval Co School District No. 1 5s 1941-1955—A&O 6 1.75 to 3.10 Escambia Co 6s Aug 15 1951. 121 100 Gainesville— 5%s July 1941-1975 6 1.75 to 3.85 109 Hillsborough Co 5s Oct 1 1943 105 Hillsborough Sch Dist No 4— 6 3.85 3.70 Jacksonville— 5s Jan 15 1941-45..J&J 15 6 1.50 to 2.25 5^s Jan 15 1941-45.J&J 15 6 1.50 to 2.25 107 Refunding 2.60s Jan 1 1957 105 Lakeland new refunding 89 87 Water & Light 5%s 1941-50 6 2.00 to 3.65 LeonCounty 6s July 1 1941-65 6 1.75 to 3.50 Marlon Co Road 6s Feb 1 '52118 116 Road bonds 5s July 1 1952-. Ill 115 Miami— Refunding 3 %s and 3%g— 103 100 Housing Authority— 3s and 3%s 1941-1954— 6 1.00 to 3.00 Miami Beach— - ^ 1941-1950-M&N 61.75 Ref 4mb non-opt 1947-56-. 6 2.75 5%s to 3.20 to 3.20 New Smyrna— Ref 3-4%-6s Jan 1 1964 98 95 Orlando— Refunding 4s 1941-62-F&A 100 Orange County 5s 1944—J*^ 6 2.75 5s 1952-1953 J&J 6 3.65 5 ma 1945 1950 —-M&S 6 3.00 6s 1941-1950 6 2.00 4s 1961 105 Palm Beach (City of) 5s 6 3.10 Pensacola 4%s ref 1941— &J 6 2.00 5s 1958 J&J 6 3.60 Pinellas Co ref highway 4» 102 St Augustine ref 4s 1967 — 92 New refunding 3-5s 86 St Johns Co Road 5s 1946— 107 Road 5Mb 1944M&S 107 8t Petersburg— Refunding 3-5« Oct 11972 87 - — 107 2.50 3.45 to 3.60 to 3.65 107 2.90 1.75 3.40 104 38 36% 39% 25" 21 28 20 21 40 28 10 [57.A&O / Funding 5s 4m 6% 14% 13 13 1931-1951.A&0)/ 33 Funding scrip. Bremen (State) 7s 6s 1940 / 50 51 4?* 33 Victory 4s due 1976 7s8tamped 1952 .A&O 7%s stamped 1947 M&N 6%s stamped 1961 F&A Scrip Readjust 4%-4%s 77.M&S Ref s f 4%-4%s 76...F&A Extl re-adj4%-4%s 76A&0 36 30 Brit Hungarian Bk 7 Mb 1962. / 'n'35< Bud'pest(Oity)6sJ'n'35coup'62 Buenos Aires (Prov)6s'61 6s stamped 1961 M&S 33 32 3 36 55 f 78 1967 Stabil loan 7%s Caldas Exts f 7%s 19l._ 1946--J&J 9 Certificates of deposit Call 8% 17% (Colombians f 7s '47.M&N Callao (Peru) 7%s 1944..J&J Carlsbad (City) s f 8s '54.J&J it* !im 89 to 2.00 2Mb Dec 1 1953-1965—- 6 2.15 Suwanee Co Road 5%s 1940._ 6 4.00 to 2.70 to 2.00 3.80 % ilh 8% 8% 9% "20" 6 14 Farm loan 6s I960—A&015 Extl s 14" M&S 28 26 "29" 26 28% __ 1942-M&N/ 13% 14 J * 15" A&O f 6s 1960 113 13 ... 6s assented Sept. 1961.-- 13 1961-J&J/ 13 £ 1961 * M&S — 6s assented 1962 Extl s f 6s 1963 Tax Area in Connecticut. ft Basis. 5%s of '26 ext 2d ser 1969 Dresden (Ger) ext 7s '45 M&N Duesseldorf 7s to 1945—M&S / 26 Duisburg 7s to 1945—-M&N / 26 El Salvador (Rep)— 8s A 1948 Certificates of deposit. / 8% Estonia (Rep of) 7s. 1967 J&J Finland (Repub) 6s '45.M&S 47% Fran kfurt-on-Main (Germ)— 7s 1939 A&O / 28 7s 1940---A&O / 26% 7s due 1941 A&O / 27 1942 maturity 27 1943 maturity 26 1944 maturity 26 1945 maturity 26 Extl s f 6%s 1953 M&N 26% French Government— _ .. /Flat price. n 54% 107"" 13 18 33 30 30 56% 56% 57 56 67 67 56 68 27 9 81* 90 29 28% 29 29 28 28 28 51 66% 71 75 80 30 31 . 70 26 Cons munic 6s 1947--J&D / 26 German Govt Internet— Stamped (Canadian holder) German Extl 7s '49 stampA&O 30 uh 2 German Prov & Oomm Bke (Con Agr Loan)6%s'58 J&D Graz(Mun)Austria 8s'54M&N Gt Brit & 3% 27% 12 " Ireland—See British Greek Govt — s f 7s 1964—M&N 1953. 6s 14" 8% Scrip A&O 1st series 1957 6 %s 2nd series 1949 F&A F&A 9 11 7% 11 8 38" 9% "43" 68 50 8% 26 11* 27 26 26 eidelberg (Germ) 7%s'50J&J / Hellenic Republic (Greek) Sec Wat Works 8s 1952 A&O / 20 Helslngfors (City) Finland— Extl s f 6%s 1960 A&O 51% —- "27% 60 Hessen. See Munich Bank Hungarian Cons Munic Loan • f g 7%s 1945 —J&J Extl • f 7» Sept 1946. .J&J Hungarian Land Mtg Instit'n Mtg 7%s 1961 ser A„M&N Irish Free State 5s 1960.M&N 5] 73 5 5 7 9% 37 16% 61% 42% "29" 62 44% 22 Specified M&N/ * Last sale. 13 57% Italy (Kingd) extl 7s *51-J&D Prestito Redimlbile 3%« 13 , 16 25% 8# 7%sf6lser b($bds)M&N Hungary (King) 7 Mb '44.F&A Ext at 4%% to 1979—F&A Sept. 1961.-M&S Extl Ry ref 6s Jan 6s assented Jan Extls f 6s 1962.. 10% 10% 52% 51% 1969 „8f Unspecified---.. —— Itai Credit Consortium for Pub wks ext 7s B'47 M&S Pub Util Credit s f 7s'52J& J / 6% assented 1963 ♦ 5 ma of *22 ext 1961 ser ii? 80 _ l\k 36 26% 7% assented 1942 s f 8s 1951 ser A„A&O / f 8s 1952 ser B—A&O / Cons Municipal Loan 1955 M&N 2d series 1961. 5%s of '26 ext 1st 80 8 8% 5s 1953 F&A 22 Danzig Port & Wat Ways Bd Extl s f 6%s 1952 8 J&J/ Denmark ext 6s 1942 J&J 31% Ext'l 5%s 1955 F&A 29% Trust rets 4%s 1962 A&O 15 26 Dominican 52% '42.M&S 2d Series 52% 5%s Cust Adm 1940.-A&O 52% 2nd ser 5%s 1940..-A&O 52% Customs Administrations— 6s 26" ^ 64 52% 101 102 Hamburg (State of) Germany Gold 6s 1946 —A&O Hanover (City) Germany 7s'39 Hanover (Prov) Germany— f 7s 1960 ser A..M&S 7s assented 1960 Chili (Rep) ext 7s s *"9% 25 6s Oct coupon on 1960 6s A Int ctfs 1938 A&015 Cent. Bk. of Ger. 6s A '52 F&A 6s series B 19511 A&O Chilean Cons Municipal Loan- 22 22 ""98" 7s part paid 1964—M&N Sink fund 6s 1968 F&A 6s part paid 1968—_ F&A Guatemala 8s 1948 M&N Haiti (Rep) 6s extl 1952.A&0 11 1% Farm loan 7s 1950..M&S15 Farm loan 6s 1060 J&J15 6s July coupon on 1960— 21 5>|s loan of 1965— J&D / 13% 7% -%s unstamped 1965 8 Geara (Brazil) 8s 1947 J&D Cent Agricul Bank (Germany) 22 20 / 16% /II / 14 / 11 101% Cundinamarca Dep (Colombia) Extl s f 6%s 1959 M&N/ Certificates of deposit / Czechoslovak Republic— s 22% "23" „ 9% 6s assented 1960 Extl s f 6s Feb 1961.-.F&A 6s assented Feb 1961 Extl sf 6s 2 Mb Dec 1 1941-1950— 6 0.40 2s Dec 1 1951-1952 6 1.90 "47% Oauca Val (Dept of) Colombia 7 mb 1946 A&O Certificates of deposit Extl sec 7s 1948 J&D Certificates of deposit..! 23 40 21 7s unstamped 1949 5% "27% German Conversion Offer— 46 34% / —F&A J&J 15 Funding 3s 1946 German Cons Munic 7s'47 F&A 45 J&J s 83 Wat Wks Rev Ctfs— Extl 4%s 1977 Extl g 5s 1949 s f 5%s '53 Bulgaria (Kingdom)— Sec 27 8% "27% 27 . ??* 48 12 7^s%s plain 1941 ext 1941 stamped J&D 83 46% 47% 'w 7s ext of 1949 stamped.J&D 7s plain 1949 5% 70 Ext re-adi 4%-4%s'75M&N Extl s f 4s $ bonds 1984.J&J Extl 109 15 13% 13% 33% 26 J&D f 6s 1950 British 4* 1990 opt '60—-M&N War Loan 3 Mb of 1932 95 109 ilh 1935..M&Si/ 26 M&S / Brisbane (City) Australia— 30-yr s f 5s of 1957 M&S Sf 5s 1958 F&A s 4 5% 4% 4% \lh "12" 73 / 22 / 20% / 22 F&A J&D 40 4 6s 1940 1 Brazil 8% ex 1941 J&D/ 7s Cent Ry elec 1952..J&D / Extl s f 6 %s (1926) 27 15% 15% 16% J&J / M&S / A&O / 20-year 3.75,% Coral Gables— 25 32 5 Extls f 6%s (1927) *57.A&O / 6 1.50 6 0.50 M&S M&S 5%s 35 (Rep) Ext 8s *47 M&N / Extl 7s 1958. Extl sf 7s 1969 f 7s 1951 —-M&N Extl g 4%s '49 opt 26 36% 27% / 22 / 10 F&A / (Rep) 5s 1944 Danish 27 J&D Bogota (City) extl 8s *45.A&O Certificates of deposit Extl sf 6%s 1947 A&O Bogota (Mtge Bk) 7s May '47 Certificates of deposit.. 7s Oct 1947 A&O/ Certificates of deposit f DELAWARE 1957. 1949. Ext Ext 21 28 A&O 6% 27 27 5%8PubWksJune30'45J&D / 75 11 0.25 J&J •4%s 1941-1956 Windham (Township)— sec s Cuba 21 J&D 0.50 Dist)— M&N 54 47% 26 to 2.25 4Mb Mar 15 1941-49..M&S West Haven (School 5s 75 51% 51% to 2.00 to 1.70 f 7a Funding 5s 1951 M&N Costa Rica Pac Ry 7%s 1949 63% 45 m 0.25 to 1.90 0.15 a Extl 0.50 0.20 West Hartford— Extl 63 65 Berlin 6 mb 1950.. 6s June 15 1958 to 2.75 75m 67 M 61 ii&O 7b 1948 "13% 12 7s stamped 1957 / 53 Externals f 7s 1937—M&N / 36 7s stamped 1937 / 32 Cordoba (Prov) Argentina— Extl s f 7s 1942 J&J 76% Costa Rica (Republic)— Ext 61 to 1.75 0.50 "12" 74m 66 % Barrauquilla 8s 1935-40-46-48 Bavaria (Ger'y) 6%s '45.F&A / Bavarian Palatinate 7s '45 J&J Belg Govt extl 6%s 1949 M&S External s f 6s 1955—J&J Extl sf 7s 1955 J&D Waterbury— 5s Water 1941-1971—M&N 3s Street 1941-1955—-F&A 2mb 1941-1952 M&N Mtge Bk— 20-yr s f 6%s 1947 A&C Certificates of deposit... Sink fd 7s (of 1926) '46 M&N Certificates of deposit Sink fd 7s (of 1927) *47 F&A Certificates of deposit Copenhagen 5s June 1 52 J&D Extl g 4%s 1953 M&N Cordoba (City)— 53 . to 2.25 Stamford 7m Certificates of deposit... 8s 1946 % 15 11% Colombia 9 it" Certificates of deposit— s f 7s 1957 3d ser.A&O % New London— Hukuang Rys 5s £._J&D 15 / Cologne Germ'y 6%s'50.M&S/ Colombia Rep 6s 1961—J&J/ Certificates of deposit / Oct 1961 .A&O / Certificates of deposit / Funding 4s Jan 1 1946—III — "24" " 11% 11% 11% 11% 11% 11% 11% 11% 10 Chinese Government— - . 1.40 1959-J&D Metropolitan District— 0.15 2mb 1941-1978.. J&J 0.15 1% 1941-1970 J&J 1mb 1971-1980 J&J Manchester *4 m s 1941-44M&N 0.25 Merlden 1 mb 1S40-1943..J&D 0.20 mb 1941-1944 M&N 0.25 Middlesex County— 1mb Bdge 1941-1955-M&N b 0.20 New Britain (Ceunty)— 2s 1941-1951 F&A 0.40 0.40 ♦4%s School 1941-52.F&A New to 1.00 23 Igrlcul Mtge Bk (Colombia) 1.25 Water 1941-1949...J&D b *4 mb Northeast Hartford County— 22 Refunding 2-5s 1.25,% to 1.40 74 FOREIGN GOVERNMENTS AND CITIES Hartford— 1Kb Sept 1 1941-1959.M&S b 0.15 107 72 8 f gu West Palm Beach— to 1.00 % 3%s Bridge 1954-1955. J&D Mtge Bk 6%s '57 J&D31 f 6%s assented 1957 / 6%s Jne30'61 -J&D31 / 6%S assented 1961/ S f gu 68 1961 A&O / 6s assented 1961— / 6s 1962 M&N / 6s assented 1962— / 6% notes 1931.. J&D / 6s stamped 1931 J&D/ 3.70 % Ask Bid Bonds 109 105 1943-1965——-M&S Ref 4s to 2.00 0.25 to To or Net Chili W W Purch '41-'72_F&A b 1.50 107 fmpt 1947 —...J&J \Ma _ 4s Ask Tampa— 4%s School 1941-59—M&N 2s 1941-1965 F&A l%s 1941-1945— F&A Fairfield (County)— l%s 1940 to 1950 J&D Greenwich 3s 1941- 1944—F&A l%s 1941-1947 F&A Hartford Bid Bonds Yield Basis To or Net Ask 0.50 ■to 0.25 % 0.25 to 1941 tax'le.A&O Darien l%s 1941-1958—A&O East Hartford (Town)— toe date of issue Yield Basis Yield Basis Bid 93 BONDS closing day of the month pre^edim Nominal; / 24 18 20 32 29 32 Net 94 STATE MUNICIPAL AND Quotations for all securities are as near as possible for the closing day :U77TT~dZ77T~~~~~——————————— - Yield Basis Ask santandar (Dept) Extl a f 7s 1*4* Foreign Govts, and 1954-———-F&A 67 • f 5Ks 1965-—M&N Oriental Dev Oo 6s 53.M&8 Orient Drv Oo 6Ks'58M&N 44 45 39K 40 Jugoslavia (Kingdom)—w 10 Funding s f 5s 1956—M&N 10 2d ser funding 5s 1956 M&N 6 State Mtge Bk 7s 1957-A&O / Leipzig (City of) 7s 1947f&A / 27 17 ±7 10 LlExtl<8itf)6^sU1958-—M&S 13 K 8K 7H 9K 8 l954.r--------J&D "8% 7 / 1 4 assented 1954 4 assented 1945 4K assented 1933. ~ -» 29 Mllan(Italy)ext 6Ks 52-A&O Mlnas Geraes (State) Brazil 8K Extl 6Ks 1958M&S 8K Extl 6K« 1959 ser A—M&S 48 Montevideo (City) 7s '52 J&D Extl s f 6s 1959 ser A.M&N / 46 4K 4K 6K 30 4s 1904 48 1910 6s 1913 9K 9K . "70~~ 36 Scrh 23 4Kb extl sk fd 1950—-M&S 4Kb extl sk fd 1965—A&O 8k fd ext: 4s 1963. F&A Norway Municipalities Bank Guar s f 5s 1970——-J&D Nuremburg extl 6s 1952.F&A/ Oldenburg (Free State) 7s 1945 / Oriental Devel—See Jap Govt Oslo s f extl 4 Ks 1955—-A&O 3K 3M 103 98 97 100 97 99 93 97 98 7 4K F&A / 26 K 1st mtge s f 6s 1947 Sydney (City) N S W— 25-yr s f 5Ks 1955——F&A Tokyo (City of)— 20 21 A&O 50 52 16 F&A / 52 K Extl s f 6s 1960 M&N / 49K Extlsf 6s 1964 M&N / 49 K 3K-4r4K % (8 bds of 1937) 39 K external readjust 1979 Rome extl s f 6Ks 1952—A&O Ron mania (Monopolies) 82 85 72 88 32 37 3s Jan 15 1967- 80 27 K 26 K 26 33 26 K 28 74 5s Nov 15 1941 27 90M 63 K 8K 7% 7K 10K 9K 10K 8H 31K 5K K - - H 9 8K 4s Stamped 1942-.....---Extl guar s f 4s 1964- - M&S 16 K 16 15K 39 80 64 82 69 56 K -M&N Refunding 5s 1943 A&O 5s May 1952 M&N Alberta (Prov of)— Gold 5Ks 1947 —J&J Gold 5Ks 1952 —A&O 16K 16 K 15K 40 k Last sale. "78K 92 75 80 81 75 K 76 K 77 83 K 78 K 79 78 K "80K 82 91K 81K 77 K 92 K 83 99 K 50 55 50 55 46 50 50 46 49 J&J 15 45 48 A&O 45 48 4Kb Jan 15.1957 J&J 4Kb July 16, 1958—J&J 4Kb Apr 1, 1961 A&O 4Kb June 1,1967—J&D Debenture 4s 1954 J&D 45 48 45 48 45 48 45 48 65 61 58 58 . 54 60 ~ 86 90 to 94 87 85 85 . 4Ks/ef 1941-1945 b 1.00 to 1.10 b 2.75 b 2.00 to 3.00 to 2.15 Ref 2Kb 1941-1967—.J&D b 1.00 6 2.00 to 2.30 6 2.30 2.25 6 1.00 6 1.00 to 2.00 6 1.00 to 1.90 1.25 6 1.00 to 2.50 1.00 to 2.30 1.00 to 2.25 6 1.75 6 1.00 to 2.10 J&J Road 5s 1949-1953 . . Augusta 4Ks Flood '42-M&N Bibb Co 4Kb 1948-49—M&N Chatham County Road 4Ks 1941-1949-F&A Clarke Oo 5s 1941-1944...J&J Columbus 5s 1941-1944-—J&J Crisp Co 5s 1941-1957 .F&A Dougherty Oo 5s '41-'48_M&S Muscogee County— R°ad 4Kb 1941-1950-A&O Pulaski Oo 5s 1941-1948—J&J Savannah 4Kb ref 1943—J&J 4Kb Drainage 1944...F&A _ .. 86 89 86 82 89 Swainsboro 6s 1941-50-.A&O 6 1.25 Valdosta 5s 1941-1942 Jan 6 1.00 Ware Oo 5s Road 1941-49 J&J 6 1.00 70 70 80 5Ks 1942 M&S S F deb 5Ks 1958—J&J 5s 1943 5s 1944 70 65 70 80 83 85 67 72 J&D —J&D 80 5s 1959 J&D 4Ks 1945— —M&N 4Ks 1951 F&A 4Ks 1956 J&D 4s 1957 J&D F&A 3Kss f deb 1949 Montreal 5s Dec 1., 1945-J&D ' 5s sf Nov 1, 1956 M&N 4Kb May. 1954— 4Kb Jan. 1944 J&J 4Kb 1941-1951—A&O 15 4Ks June 1, 1971 J&D 4s May 1.1944 M&N Metrop Co 4Kb '53,'54Sc'6l 4Kb May 1, 1905—M&N Harbor Commissioners— 5s Nov 1, 1909 M&N 87 74 78 73 73 "85" 81 79 82 76 70 65 66 71 70 75 65 62 70 67 65 70 65 70 97' 98 K 72 72 J&J M&S 84 77 76 87 North Vancouver 5s '60—J&J 83 86 82 81. 85 81 84 84 87 84 60 70 60 70 67 82 78 18 "85" ILLINOIS 4Kb Serv Oomp '41-'43.Aug 1 4Kb Serv Oomp *41-'43.Aug 1 4Kb Serv Comp '41-'44.Aug 1 4s Highway 1941-1943 .May 1 4b Highway 1945-1954—M&S 4s Highway 1955-1958—M&N 3 Kb Emerg Rel '40-'47 Dec 15 3 Kb Emerg Ref '48-'54 Dec 15 Bloomington 4Kb Water 1.50 to 2.00 to 3.50 6 0.20 6 0.20 6 0.20 6 0.20 to 2.25 to 3.25 to 1.25 to 2.25 to 1.00 to 2.50 to 2.25 to 2.25 to 0.55 to 0.55 to 0.70 to 0.55 6 0.85 6 1.35 to 1.35 6 to 1.00 Par to 1.40 6 1.10 to 1.35 6 1.25 to 2.25 1941-1943—M&N b 0,50 to 0.75 1941-1961 opt 1952.M&S Champaign County— Road 4s Ohester^ToH Bdge Rev) M&S Chicago— 3s 1941-1944...... 98 6 0.25 6 0.90 3s 1945-1948 3s 1957 opt 1941-1942 3s 1956 opt 1945-1949 6 0.25 6 1.25 Water Works System— 3s ctfs Aug 1 1954. 2Kb ctfs Feb 151958-59— 2s ctfs Aug. 1 1950-53... 2s ctfs April 1 1954-57—3K« 1952 opt 1945——.. 3 Kb 1953 opt 1940—— 3 Kb 1955 opt 1951 48 1941-1944. 6 0.25 4s 1945-1948. 6 0.90 4s 1949-1950 6 1.65 4Kb 1954 Board of Education— 3s 1957 opt 1941-1943 6 0.25 3s 1957 opt 1945-1947 6 1.15 3 Kb 1955opt 1940 - 4Kb 1954 opt 1944.... nNominal. t f I b 0.75 Amer Falls Reservoir Dist— 6s Oct 1 1941-1944 6 2.00 Boise Oity 4Kb 1951 J&J 6 2.00 Boise City Ind Sch Dist No. 1 4Kb June 30 1941-1954 6 0.75 81 r:~4i J&D15 IDAHO 4Kb ref 1941-1945 A&O 4s ref Jan 31 1941-1941— 5s 75 70 M&N ...J&J 4Kb 1900 —A&O 4Kb non call 1958.M&N 15 4Kb s f Apr 15.1901 A&015 Debenture 4s 1947—M&N Sf«eb3Ksl948 A&O 3 Kb * f deb 1946 J&J 3s s f deb 1941 ..J&J 5-yr 3% debs July 1 1944. 10-yr 3 K % debs July 11949 2Kb 1943-1967 ^ "68" to 2.20 4Kb Refunding 1959—F&A 76 67 55 63 70 1.50 Atlanta— 4Ks 1941-1946 J&D 29 4Kb 1947-1956—J&D 29 65 85 J&D Athens 4KaJune 30 1943 „ 67 67 67 90 85 Highway Ref Mar 15 V 47. Albany 5s 1945.. Appling County— Hi 90 5s Water 1941-1951.... J&J b 1,00 4KB 1941-1956 __J&J b 1.00 2s Spalding Co 5s 1941-'49—J&J 62 75 75 98 GEORGIA 89 62 70 82 89 62 57 83 6 48 5ssf 1955 & 1960 A&O Halifax N S 4s July. 1945 5s Jan. 1951—. J&J Hamilton— 4s Elec L & P1941—.A&O Lachine P Q 5s 1954 J&D Manitoba (Province of)— Debenture 6s 1947 A&O m 75 86 Calgary 5s July 1,1945-— J&J Edmonton (C) 5s '45&'50A&0 m mm 93 86 77 mm mm 98 p&A I mm mmmmmm 97 43 86 81 •• 98 Brit Col (Prov) 5s '48-J&J 15 5s Apr 25. 1954 A&O 25 4 Kb s f deb Jan 23 '69 J& J23 5 f deb 6s 1947 F&A 61 80 "86"" 99 mm 68 80 J&J14 4Kb 1942 and 1967—.F&A 6 85 Verdun deb 5s 1954 70 Winnipeg, Man 5s 1944—A&"o 92 4Kb non-call 1944...M&N 86 4Ks June 1 1940 J&D 85 4Kb June 15 1950—J&D15 82 4s Aug 1 1946 81 —F&A15 83 K 46 _ 59 K 76 K 90 J&J A&O 15 A&O Gold 5s 1948 6s 1950 Gold 5s 1959 4Ks Jan 15.1942 Del) 4 Ks 1956 Debenture 5s 1960 4Kb 1955— San Paulo ——-J&J / ——-M&S / Extl If 6s of 1928.1968 J&J / -—A&O / Bee s f 7s 1940 Santa Ft (Oity) Arg Rep extl 7s 1945— ...A&O/ 4s 1945 stamped— A&O / Santa Fe (Prov) 7s 1942.M&8 / 1944.A&O New Brunswick— 8 f deb 5 Kb 1950 8 f deb 5Kb 1952 8 "(Brazil) State ofexternal loan 1986-J&J / 25 —A&O Refunding 4Ks 5% y . 30-yr 3s Nov 15 1968.M&N 14-yr 3 Kb 1951 M&N 25-yr 3Ks 1961 opt *56 J&J 15-yr3Ks, 1949--.—.A&O Refunding 4s 1945 A&O 20-yr 4s 1952 A&O 104% 7 June 18 1919— / 5K% exi l°an 1921 .. / Baarbrucken (Cloy) 1 ^rm^y Extl s f 6s 19531— -J&J / 25 (Mtge Bk) 6s ser A *47 A&S / 12 6sseries B 1947 -A&O/ 12 Salvador 7s 1957 -J&J / 7 Certificates-5 deposit—. / 5K J&J 30-yr4s I960 5% Russian 6 Kb — 77 K 93 K mm 70 63 J&D A&O A&O ..J&J J&J 5s 1940 & 1941 var 5s 1945 & 1946 var 5s 1950 & 1951 var 58 Jan 15 1970 81K 54 66 M&S M&N15 4Kb 1946-1901 4s £ July 1 1948 3 Kb July 1 1944 Vancouver, (B O)— 5Ks 1952 74 K 75 75K mm 86 1950-1959 4Ks 1941-1945 92 K 76 y mrn-m 91 82 5s 75 55 mm 80 4KB 1956 J&D Quebec Oity— 5s S F (non-call) 1960.M&N Saskatchewan (Province)— 5s 1943 (non-caU)—J&D15 5s 1959 (non-call)....M&N Dominion of Canada— 53 mm mmmmm 88 J&D 4s Nov 15 1957 Toronto 5s 1941-1950----J&J 48K mm 70 70 67 85 4Kb Mar 15 i960 68 Institute 7a 1959—-—F&A / Feb 1937 eoupon paid... / / 47 K mm 70 64 61 25 12K Warsaw (Oity) 7s 1958--F&A / 3 4 Kb assented 1958 3 F&A / Warsaw (Land M Bk) 8s 1941 / 3 Westphalia—See Prov Bank Wurtemberg 7s to 1945.M&N / 25K 73 K 73 K 30K 8s 1948..-.— —J 8s ctfs af deposit 1948— / Santa Oatharina (Brazil)-Ka 104.7 F&A f 49 66 K 7y 6 Kb 1959 / 7 6s 1933 / Bio Grande Do Sul (State) Brazil ext s f 8s 1946—A&O / 10 7s extlsf 1966 M&N/ 8K Extl sf 7s 1967 J&D/ 8K Extl S f 6s 1968 —J&D / 8 Extl 7s 1956 3Ks extl re-adj 1984..J&J Conversion scrip / 35 Venetian Prov Mtge Bank— S f 7s 1952 ser A A&O / Vienna (O) extl 6s '52...M&N / mm 91 65 4KB1 1946 44 mm mm ~ mm • 65 63 3Kss deb 1953.. 4Kb 1961 42 K 46 K — mm mm 82 j&J J&D J&J .M&N 3 Ks s f deb 1952 (American Dollar Quotations) 9 Extl 8s 1950 F&A 77 99 98 •93 95 70 70 73 .M&N 40 33 K 30 1951—M&S 15/ 26 K ---A&O / 89 Queensland (State) 7s 41 A&O 62 K Ext g.6s Feb 15 1947 F&A15 Bio de Janeiro 8s 1946—-A&O / 7JA 7 Extl s f 6Ks 1953——F&A / scrip bonds ofl937-78 66 68 J&J 1949 39 42 K 66 M&N 15-/r 3s 1951 3Ks 35K 99 «■«» 89 J&J 4Kb 1941 1944— 4Kb 1943-1960— Quebec (Province)— 8-yr 2Kb 1944 18 85 96 95 4Kb Jan 1,1970—J&J 2 ■ ^ 94 Ask 100 Ottawa City 5s *41 '45...J&J 6s Munic Imp '41-'50..J&J 5s July 1, 1941-1956—J&J 60 M&S 5s of 1912-1952 Extlsf 5Ks 1961 53 49 K 49 K 40 33 K Prussia 6Ks 6s 1952 102 81 (Prov) 6s '43—M&S15 5KS 1940 j&J 5s 1959-.-... ..M&N 4Kb 1944 M&S 4Kb Jan 15. '41-'47„J&J 15 4Kb Jan *15 '48-'57-J&J 15 4Ks 194M970 M&N 15 4s 1941 M&N 4s May 15.1941-43.M&N 15 4s May 15,1944-57.M&N 15 4s May 15,1958-68.M&N 15 Debenture 3s 1950...M&N Debenture 3s 1949....J&D 2Ks 1944 F&a Hydro Elec Pow Com— 8K CANADA ___ /Flat price. 7K 6K 40 60K Stamped (assented) f 58 y (ctfs of deposit)— / "28" 6% scrip / 26 17 Parana (State) Brazil 7s 1958- / 15 y Pernambuco (State ofj Brazil Extl s 17s 1947-M&S/ 6K 7 Peru sec »f 7s 1959—-—M&S / 6% 6 Nat Loan extl 6s 1960-J&D / 6% Extl s f 6s 1961 A&O / 6H 6K Poland (Repof) 6s 1940—A&O / 5H *5 K 4Hsassented 1958—A&O / 4K Stabilization s f 7 s 1947 A&O / 13 "3 K 4 Kb assented 1968—A&O / 3 5 External 8s 1950———J&J / 3K 4 4Kb assented 1963 J&J/ 3K Dollar funding 3s 1956-A&O / 1 Porto Alegre (Oity) Brazil--_ 9K Sinking fund 8s 1961 —J&D / 8K S f 40-yr 7K« 1966—-J&J / 9 8% 7s 1968. F&A/ 7 y Prov Bank (Westphalia) 6s *33 / 26 6s 1936 —— / 25 5s 1941 / 25 Series A b Barfs. 90 To Net 95 89 88 9K 1% notes 1941 M&S IKs 1942 M&N 2s 6-year 1944 J&D 2Kb Jan 15 1944 J&J 8-yr 2Kb 1943——J&D 7-yr 2Ks 1944 —M&N 10-yr 2Kb 1945 F&A 20-yr 3s 1955J&D 3s 20-year 1958 J&D 3s perpetual M&S Panama (Oity) 6 Ks 1952—— f 50 Panama (Rep)ext5Ks 53 J&D/104K Extl s f 5s ser A 1963- -M&N 8% 10 K 92 87 6fl 1943 M&N / 8 Saxon State Mtge Institution Sink fund 7s 1945 J&D / 26 K Sink fund 6Ks 1946—J&D / 26 K Coll sf 6s 1947 M&S / 26 K Serbs Croats & Slov (King of) sec Yokohama ext ]6s 1961 __J&D _ IX J&D Municipal Bank— Hessen 7s to 1945 F&A / 26 National Bank of Panama— 4s ser A & B 1946-1947 / 63 4s ser C & D 1948-1949---- / 60 New South Wales (Australia)5s extl s f 1957 F&A 51 Extl s f 5s 1958———A&O 51 Met Wat Serv & Dr Board Sf 5Hs 1950-A&O 45 Norway ext 6s 1943——F&A 43 External s f 6t 1944--F&A 48 48 lOK I 3K-4K-4 5-16% extl Conv s f of '37 1978.J&D 4-4K-4K% extl readj s f 4 4K f 5s 1972 ser Extl ff external conversion 1979. 4K s Sao Paulo Brazil 8s 1952 M&N Extl a f 6Ks 1957-M&N 15 20 3K-4-4K% (8 bds of 1937) 1945.. femk'bf'Dem^k—. M&N Uruguay 8s ext 1946 63 % 5s assented 1945-—- Exch 7s 1961 Tolima (Dept of) 7s *47-M&N / 86 66 Metrop Water Service— See New South Wales. Mexican Irrigation— s f gtd 4K« 1943— Stamped assented Mtge r 4Kb assented 1958 J&D Silesian Landowners Assn— f 11% Certificates of deposit— 6Ks Oertiflcates of deposit... Mendoza (l^ovl Argentina— 7Ks extl s f 1951 J&D 4-7 Ks stamped J&D 4s extl readj $ bds 1954. J&D s Bid Nova Scotia (Province)— Deb 5s 1960 M&S Deb 4K« Sept 15'52 M&S15 Deb 4Kb I960....MAN 15 Ontario 14 Extl 8s 1962 M&N / Extl 7s 1962 ser B—-M&N / Silesia (Prov) Poland— Extl sf 7s 1958— J&D / 6y Certificates of deposit- - / ey Lower Aust (Prov) 7 Ks 50J&D / 22 Luneberg (Oity) 7s 1948.M&N / 26 K or Bonds 15 A&O f Yield Basis To Net Colombia 12 K Hxtl 54K Extl MKffibofC,li>9 Ask -iaatlaco(Pity)Gblle7s '49 J&J / 11K Cities (C<mcM Japanese Government— S f OKs or Bid Bonds Net date of issue ~ Tin4a Yield Bais To or Bid Bonds V-in/W BONDS of the month preceding the 100 to 0.75 to 1.50 to 0.50 to 1.75 to 0.75 to 1.50 to 1.75 to 0.70 to 1.55 -p--. — mm — securities are as near as possible for the closing Quotations for all Chicago Park District— 3*4s 1956 opt L940 4s 1955 opt 1941-44 4s 1955 opt 1945-'47 to 0.95 to % 1.55 2.10 t % 1.70 to 4s 1955 opt 194 i-'44 0.25 to 0.75 4s 1955 opt 19i5-'47....... 4s 1955 opt l948-'54-r—... 1.15 to 1.55 1.70 to 2.05 4s 1955 opt l948-'55 District— Sanitary 2j4s construction ser I— 1941-1960 J&J b 0.25 2s refdg ser D Cook County— 1942-61-J&J to 2.00 to 0.25 4s 1956 opt 1941-1944— 4s 1956 opt 1945-1947 4s 1956 opt 1948-1953 2.00 to b 0.50 0.95 Bid Bonds Net 1.35 1.15 Yield Bast* To or , Ask b 0.25 day of the month preceding the date of Issue To or Bid Ask to 1.55 to 2.00 Oweosboro 5# Sower...—J&D 0.40 Elgin Sanlt D 5s '41-'44. M&N Evanston S D No 76— b 0.75 4*4s June 1 1941-1948 to 0.90 to 2.20 to % 2.40 % 2.20 % 1.70 % 1.80 % 1.90 % 0.25 is 1.30 % 1.65 % 1.15 1.70 1.50 to Lake Co 5s Road '41-'49.F&A 1.00 to 4% revenue 1964 —J&D 104K River Forest S D No 90— 4*4» 1941-1944 J&D b 0.75 Bockford S D No 205— 2.10s 1944-1958 F&A b 1.10 Rock Island (City of)— Bridge rev 4s 1964 F&A 104 105*4 to w w ,1941-1970..A&O 59.J&J 1.50 105 South Bend— 1st Funding 1942-1947 to 4.00 1.25 to 2.75 % 1.50 to 1.75 1°5Q W W 1943 1941 A&O M&N M&S 2°.25 3.00 % 2.50 % 1.00 2.90 % 99 to 2.40 1.00 to 1.00 b 0.40 % 1.60 1.ap 1.70 1941-1948.F&A to 2.00 5 3.25 3.15 4s Regis'd stk 1946-57 M&N 1.10 to 1.70 A&O M&S 0.25 1.60 to 2.00 3*4s March 1945... M&S 3*4s Refunding 1952...J&J 3*4s Sewage Impt '80. A&O Oumber'd 4*4s W W '41-A&O Hagerstown— 5s Water 1941-1987—A&O 1.00 1.40 5 0.50 to 0.75 % 0.50 to 1.00 1.00 to 2.70 % J&J 5 1.00 % 2.60 % 2.70 1.00 to 2.10 2.10 to 2.30 1945-1971 to 2.90 % % % 4 4*4sl941-1987 0.50 to 2.60 b 1.75 to b Washington Sub San Dist— 3*4s Wat & Sewer '87.M&N 4*4s Sewer 1973 opt '53-J&J to 2.85 to 2.80 1.00 to 2.50 2.65 2.60 2.00 to 1.75 to 1.50 % 2.10 % MASSACHUSETTS to 2.40 to 1.90 4s Water registd 1941-58.J&J 6 0.10 to 3*4s gold July 1944.. 1.00 to 2.65 1.50 4s ser V 1943-1955 J&J 2.60 354s series S 1958-1960.J&J 3 ^s ser V 1956-1961--J&J 1.50 3-3 *4s June 15 1943-1962... 1.90 State Pension 5s June 1, 1948. 2.10 Capital Bldg 4*4s Aug 15. '52 Charity Hospital at N O— 3.85s 1942-1968 F&A 5 1.50 Atchafalaya Levee Dist— 1.25 5s Sept 1941-1972 M&S 0.75 Baton Rouge 5s '41-*54 M&S to 2.60 % 2.00 % to 2.70 1 2°65 to 2.60 1.80 1 2.05 % to 3.20 A&O 5s 1954 Caddo District Levee— 5s 1951 opt 1941 4s relief 1940-1953 2 54s 1941-1968 to 3.40 to 5 3.00 2.90 Fifth District Levee— 5s 1952 opt 1942 1.50 J&J 2.90 2.80 % 3.00 3.20 2.90 % 3.10 % 3.30 opt 1959—F&A 15 3.20 % opt *62 Lafourche Basin Levee— % A&O 5 3.00 Lake Borgne Dist Levee— 5s 1956-1970 A&O less 5 to 3.30 % 2.00 % to 1 942 to 6 0.25 A&O 106*4 5 0.50 4 *4s serial gold 1940-45 5 1.10 4 *4s serial gold 1945-60 5 2.80 4 *48 serial gold 1961-80 4r Constitutional 1942-J&J 102*4 4s Pub Impt '52 opt *42.J&J 105*3 to 3.00 6 0.25 to 6 1.25 less 1 6 1.10 less 1 6 1.25 less 1 0.50 Des Moines Ind S D— M&S 4Hs Sept 1 19454*ia 1944 4s Sept 1 1945 M&S 2*4s.l948 less 6 1.30 Lyon Co 2*4s May I 1941-47- 6 0.25 to 1.00 106 y2 4s 1946-1956 0.50 6 0.25 5 Public Belt Bridge Rev— 4s 1941-1945 A&O *4 Orleans Levee 1 1.20 to 2.90 % 107*4 107 X % 2.75 % 2.90 % to 1.10. to to 103 106 District— % % 1.50 to 2.90 2.70 to 3.00 1.00 to 2.70; % 1.50 3**8 Ref 1941-1962...M&S 3*4s July 1 1953-1968 4s July 1 1941-1952 4s Mar. I 1942-1964—M&S to 3.10,% Orleans District— Marshalltown— 454s Water 1941,1944-A&O 1942-1960.-M&N Sac Co 2*s May 1 1941-1947Sloux City 6s '41-'45--F&Al5 4*4s Sewer 1911-47—M&N 2 H» 1941-1956 J&J Sioux City S D 5s 1941—J&J Woodb'y Co Fund 2*49*42-'40 Polk Co 2s 1.00 to 2.40 to 3.10 5a July to 5s 6 0.25 1.25 1.65 to 1.20 to 1.50 to 1.50 to 1.70 6 0.25 less 6 0.40 6 0.25 6 0.25 6 0.25 6 0.50 to 1941-1949 Orleans Parish Sch Board— 5a 1940-1944 J&D 5s 1945-1967 J&D Plaquemine Parish E Bank— 5s Oct 1952 .......A&O Pentchartrain District— 6s 1944 M&N 5s July 1968.. J&J i.& KANSAS — J&J 0.20 to 1.45 J&J 1941-1952 1.50 to 1.55 F&A % 0%40 0.80 1.40 4**s Wat & Light 1944-J&J 4*4s Imp July IS '49—J&J 2J4s Ref 1951-1960—A&O 6 1.50 to 1.65 % 0.25 to 1.65 % 0.25 to Board of Education— F&A JT&J 4*4s 1941-1953 454s 1941-1953 2.90 2.80(% > 1.00 to 1.75 > 1.85 to 106 % 3.00 % Dlst4*isl941'54J&J 1.70 % to 1.70 % 108 0.25 to 1.40 6 0.25 Co 5s 1945 McPherson 4 His 1945 Saline Co 4 Ks 1945 l.oo! _ 1.00 Shawnee Co 45<s 1944 - 0.80 - Topeka 4*$s 1948— 5*4« Jan 1 1941 J&J Topeka School Dist— 4**s March 1 1941-1946--. Wichita 4**s 1941-1946.J&D Sch Dist ref 4*4« '41-48F&A l*4s 1945-59 J&D Wyandotte County— 4*4s 1941-1945. J&J 6 1.35 0.25 . to 1.10 0.25 % % % 1.70 % 0.25 to 1.10 0.25 to 1.40 0.90 to 0.30 to 1.10 b 2.10 2.00 b 3.30 3.20 to 1943 Bridge Revenue Refunding— Project No 2 July 1 50 J&J Project No 3 July 1 *50 J&J Project No 9 July 1955 J&J Project No 8 July 1 1945 — Project No 10 July 1 '50 J&J Project No 11 1952 Project No 12 1947 101 10054 101*| 102 102 Project No 13 1953 Project No 141945 102 Called Jan. 1 at par. % 3.50 to 1.55 25 to 1.75 to 15 to 1.00 1 *4s 1940-1959-.J&D 20 to 1.60 154s Relief 1940-1948—J&D Fall River— 20 to 1.10 Everett 20 2*48 1941-1968 M 2 & N 2 20 4s 1941-1955 (tax-ex)_M&N Framingham— 15 154* water 1941-58—.M&N 20 Haverhill 154s 1941-1951 J&D 25 Holyoke 4s 1941-1950.—A&O 25 2s G & E 1941-1947...A&O Lawrence (wat h'way & b'dge) 20 2*4s 1940-1958 J&D 20 Lowell 2 54s 1941-1947 J&J Lunenburg Water District— 2*4sl942-1969 A&O b 0.40 Lymfield Center Water Dist— 2s 1943-1967 _J&J Lynn 4s Sewer 1941-56-.M&N 2s 1941-1969. to 2.25 % % % % % 2.00 I to 1.50 % to 1.40 % to to 1.75 to 1.30 1 to 1.60 to % 1.40 % to 2.00 % to 2.00 % % % 1.60,% 1.101% to 1.75 to 2.00 M&S Maiden 2*4s 1941-1958—F&A Ref 1*43 1941-1949—.M&N 6 to 0. to Medford— 354s 1941-1942 tax-ex M&N 6 0 2s 1941-1953 < F&A 6 0. to 0.50 to 1.60 % % — to 1.75 % to 1.50 2°00 A&O to 1.20 to 1.20 to 1.75 l*4s 1941-1949 M&N Northampton 154s *41-59 F&A to 1.00 Pittsfield 4s 1940-1944—J&D 0.50 Tensas Basin Levee District— 5s Jan 1957 J&J b 3.20 to 2.80 2*4s Dec 1 1940-1955—J&D Qulncy 2Hs 1941-47 A&O l*4s 1941-1949 M&N Reading 154s 1941-58 M&N15 Salem 1 Us 1941-1948.—M&N 2s 1941-1949 M&S % % % to 3.10 MAINE to 1.50 % % 0.60.% to 1.40 % to 0.901% to 1.051% to 1.60i % to 0.90 to 1.00 % % Somerville— 5s H'way & Bdge '41-'54- A&O 6 0.75 M&S 6 0.75 to 2.25 6 0.75 to 1.50 4s State Pier 1941-1942—M&S 6 0.75 to 1.50 3*3a 1941-1951 M&S 6 0.75 2s Improve'mt 1941-56—A&O 6 0.75 Augusta 4s Oct 15 1941.1955- 6 0.75 to 2.25 4s Sept 1, 1941-1953 4s Highw & Bdge '41-44 M&N to 2.10 to 2.10 2.00 3.25 6 1.00 to 3.00 1941-1945———M&N 1 1 1 to 2.30 Bath 4a Ref 1941 tax-ex.J&D 6 2.50 Belfast 4*is Ref '41-'50 M&N 6 3.50 Brewer High Sch Dist— 1 % 2,10 Water District— July 1952-1958 3.25 J&J ex.-A&O 6 0.75 to 2.00 Waltham 2s % to 2.00 % to 1.60 % to 1.60 to 1.75 to 0.75 to 1.10 1941-1948—J&D Water town— l**s relief 19 41-48 Weilesley (Town)— M&N b 0.10 to 0.90 M&S to 1.15 Winchester 3 *4a 1941-40-J&J Worcester (City)— to 0.75 H S 1941-1952 „.15 1941-58—J&J b o.: 2Hs Hospital 1941-49.J&J b 0.15 l*4s Funding % to 1.50 to 1.10 % to 2.20 to 1.70 3**s School 1941-1954.J&J 2*4s 1941-1969 J&J l*4s 1941-1955 A&O Springfield— 3 54s Water 1940-1900.J&D 2s sewage disp 19 U-68M&N 1 *4s Relief 1941-1940.A&O 2s Kennebec Water District— 4s Ref May 1, 1950—M&N Water Portlaud 1941-1950 6 0.75 Sewer 6 2.00 1.50 % 2.00 Dist— M&N 6 1.00 6 2.00 Water villa 4*48 1940-50 Westbrook 4*4» 1940-1948— 6 1.00 to 2.00 % to 2.75 % to 2.80 % 3.o0.% 4a July 15 1941— .J&J 15 $s Oct 15 1941 A&O 15 <»s Highway 1943 F&A _,4s Highway Impt 1944 A&O 4s Highway Impt 1942--A&O *4 less 0.40 less *4 Ye 0.75 to 1.75 1.15 to 1.50 4*4a 1941-1949— F&A b 1.00 Bay City— 5*<s w w 1941-1951—M&S b 1.00 to 2.00 Aqu Arbor— Certificates of Indebtedness— / Flat price. 1941-1948 J&J 1944-1946 Battle Creek S D— MARYLAND 1941-1950 254s 1941-1951 0.25 less 3 54s 3s 0.25 0.60 0.70 W W ref 4 *4s 2.50 % 3.75 MICHIGAN District— Fundl<tig 1948-J&D 2*4s Water May 1 1953— 3.20 % 2.75 b Basis. .20 1 *4s to 2.30 4s 3.50 102 1941-1955 F&A Ohicopee 154s 1941-1959 M&N Easthampton (hi'way & relief) 1*48 1941-1948 M&N15 Chelmsford Water District— 0.50 % 3.20 % I to 15 154s 1941-1946 2*4s 1941-1947 3.00 101 to 20 F&A „ 3.20 4s Ashland— 215 15 Cambridge 2s 1941-1958.A&O % % % 1.00 % 1.50 % 0.75 % to 2.85 South 3.25 to 1.60 to 0.35 0.50 Portland — 3.25 .20 .20 3.30 District— 3*4s July 1. 1941-1947 102*4 454s S I '42. '47 & '52-M&S Bowling Green5s 1955...J&J Covington 454a '41-50—A&O 4*4s WW 1941-51 J&J 4s Fdg 1952 opt '42—F&A 4*4s School Jan 1 1941-69.. Henderson County— 4*4s R&B Oct 1 *41-'56 A&O % Portland Bridge 102 102 % to 1.60 .20 Brain tree 4s 1941-1942 J&J Brockton l*4s 1941-1948.A&0 F&A 4s O H '41-'45 tax 102*4 10194 10194 1 2.40 % to 2.25 % to Newton 2 *4s 1941-1969—A&O 1 *4s 1941-1955 J&J North Adams— 2.60 Portland— 101*4 102*4 102*4 101*4 102 % % 1.60 to 1.80 5s 1965 Series D A&O Shreveport— • 5s Dec 1, 1940-1969—J&D 4*4s W W & Sew '41-'51J&J 4*is May 2. 1941-67.M&N2 4s 101*4 I50 2.75 2.00 2.75 1.75 Old Town KENTUCKY to 1.00 1943-M&S 4*4s % to 0.25 10 5s 1950 Series B 5s Mar 1953 opt % 1.00, to 0.30 15 2*48 1911-1953 M&N 1*43 1911-1949 A&O New Bedford 4s 1957..—J&J Leavenworth— 1941-1947-J&J 10 l&D 6 0 20 Mefchuen (relief and sewer) Red River A & B B District— Soldiers' Compensation Bonds 4s. 1953-1954 Kansas City 5s 1942 2.30 % % J&J July 1950-1959 J&J 4*48 Non-callable 1952 J&D to 6 0.25 to 1.60 2*4s ser B 1941-62—J&J 254s Oct 1 1941-62—A&O 5s Oct 15. 1962 op '52. A&O 5s Oct 15.1963 op'53A&0 15 1942—J&D to 1.60 50 60 J&D 6 0 .20 154s 1941 1970 J&J 6 0 .20 Metropolitan District— 2.30 J&J 4*4s 1941-1966 6 0.50 M&S Metropolitan Water Loan— 2s reg 1944-68 J&J 154s 1945-1969. J&J 1 Hurricane & Flood Damage— 54% 1941-43 —M&N15 Arlington 4s' 41-*42 (tax ex) J&J Beverley l*4s 1941-1948.A&0 Boston 4548 Sept 11981-M&S 4*4s Tun 1960 tax-ex__A&O 4s Tunnel & Sub 1948 J&D Bossier Dist Levee— 5s 1972 2.25 2.40 2.50 1.30 1.80 5s 1969 to 0.50 to 0.75 0.50 1.10 5s Dec 1952 opt 6 0.25 1.30 2.00 to to 2.00 0.75 2.00 New Orleans—Public Belt— 6 2.60 0.90 0.50 A&O Montgomery County— 4*4s 1941-1968 M&N to 0.80 2.1b 5s 1969 opt 1949 1.75 IOWA 4**s 1940-1942 J&D Cedar Rapids 4*4s'49-'53M&N Clinton Co 2**s 1942.-M&N Davenport Indep Sch Dlst— 4Hs 1941., M&N Des Moines 5s 1941-'57 J&J 4**s W W 1941-1942-J&D 1.50 1.00 2.00 South Bend School City— * 1.50 M&N M&S 4*4s series D & E 1944-55— 5s series F Mar 15,1945-485s series K July 1,1947-49— to 2.00 1.00 Gary Sch City 414 s Oct 1943— Hammon (City)— 4s O H 1942-1956—J&J30 b 1.75 to Indianapolis— 1.00 to 5tfs Track Elev ,41-'47.J&J 4s Fire Dep J'ne 1 '41-J&J 1.00 to 4*%s 1941-1955 J&J 1 54 s refund Jan 1 1942-1961 0.40 % Indianapolis S D— 4s Bldg Sept 1 1946—J&J 3**s July I 1941 J&J Leavenworth — M&S Refunding 3 *4s 1942-*56-F&A Ref 3 *4s 1957-1960 F&A 2.00 Fort Wayne School Dist— 5s Oct 1 1941-1943 Water J&D 1955— 1961 4s ser S 1941-1957——J&J Elkhart 4 *<s W W '41-75 A&O Evansville 4sref 1942 J&J Fort Wayne 414s '41-'57-A&0 4tfs 1.40 Parks to 4s Long Term Bonds- 1.90 INDIANA Sch .00 1.25 3tate Highway— 2*is Dec 1.1911-1958... 1.90 l".60 1.30 — 3*4s 1941-1959 to Winnebka (Village) 4 His, to 0.90 3.25 Refunding 2*4s 1941 F&A State Highway— 5s series A. B & O 1940-1943 4s Jan 1 1942-1956 3*49 Jan 1 1957-1961 3 54 s ser Q 1943-1954—_J&J 354s ser Q 1955-1960. --J&J Port Commission Refunding 3.00 2.00 Madison (Kings H'way Bdg)— Road 0.60 2.00 M&S 1946 5 3.50 Short Term Bonds- 2.50 to Prim to 1.90 0.25" 4s 3.15 LOUISIANA to 2.25 Lee Co 0.75 0.30 4« Annex 1954 0.30 % 0.15 to 1.95 1.00 Impt registered U 1956-1975 to 1.55 1.50 4*48 to 1.25 1.00 4*48 Mar I. l941-'55—M&S 4s Aug I. 1951 F&A to 0.95 #8 1941-46.J&J 5*$s to 1.25 0.40 to 1.20 4s 1941-1944 i*4s La Grange (Village of)— 3s Water rev 1942-08—M&S 4 54s to 1.15 to 1.20 0.60 1941-1961 A&O 5s Gen Imp 1943-45— .M&S 5s Water 1961 —_AkO 2.00 % 2.00 % 3.30 0.25 5s 2.00,% 4s Mar I. Warren Co 4 >4* 1941- to 1.50 Net Baltimore— Forest Preserve— b Ask 0.25 0.25 254* Juno & Aug 15 '41-'52_ 1941-1953 F15&A 1 V4s 1941-1953 F&A 15 1*4» 1943-1955 F15&A l*4s 1942-1954 F&A 15 Aunapolis 4*4* W W '42. A&O 2s Paducab— Jackson Co 4 Bid Bonds Certs of In debt—(Concluded) J&J b 0.20 City Hall 5s 194l-'55_F&A b 0.20 Louisville 6s Sch 1962—-A&O b 2.30 4*49 Hospital 1951...M&S b 1.90 4*4s Ref 1965—— — .J&D 5j2.10 4*ts fan I 1970 F&J 5 2.10 2.20 4*49 sewer 1969 J&A 1.40 4s Sewer 1947 F&A 1.80 is Lou W Co 1950—-F&A 2.15 4s Sewor 1965....— .F&A 2.15 is Jan 1 1970 J&J 0.60 3*4s Ref 1943 J&J 0.40 3a Sew & Park 1941...J&J 4s 1941-1963 1.70 1911-1944— 1945-1947— 4s 1956 opt 1948-1952 Granite City 4*4s 1941-48 J&D To or Net Lexington— Pub Wks Nat Recovery 1.15 4s 1956 opt 4s 1956 opt 95 bonds Yield Basis Basis Yield Bonds municipal and state dec., 1940] —A&O 6 0.25 A&O 610.25 % 1.15% to 1.10 to to 2.50 96 STATE AND Quotations for all securities are as near as MUNICIPAL Yield Basis Yield Basis Ask Bid Bonds Net Ask Bid . to 2.75 % callable (Long) ————- —- 1951-1954 less 6 3.00 less to less MISSOURI 4Jis Road 1948-1950..-M&S 6 1.20 4 3is 1943-1940.... M&S 6 0.55 1 b 2.40 ...... M&N b 0 .50 J&J 6 2.60 Emergency—Concluded 3)4* May 1941 to 1942 2.50 2.50 2HJaDl941 Ed Aid 4 H 10134 102 3i 102 3i 6 0.25 5s non-callable.. Water 4s. 6s 434s July 1949 • 1 3i 4s 1943-1947... 4s Road 1944-1948 4M% b 2.45 2.35 4s Nov 1 4^8 b 2.50 2.40 2.35 to 1.00 J&J 6 1.20 Street railway 4148 — 2.00 0.25 1.75 to to 1.45 6 0.20 0.25 2.75 to 0.40 to 1.20 to 2.00 3.00 Refunding 3 H* o7-'62 J&D 0.50 Refunding 4s '41-56..J&D General & Street Railway— b 0.25 3lis Oct 1941-1959 General 3s Oct 11959-1962 9934 Water 2!is Oct 1 1941-1962 b 0.25 Refunding 21is 1951-63 J&J b .270 Refunding 3 Hn 1941-50 J&J 6 0.50 Refunding 4s 1941-60-M&N 6 0.50 4s Jan 1 1941-1953—-J&J b 0.40 Refdg 3lis 1961-62-M&N b 3.00 Rfdg31is 1941-1952.J&J 15 6 0.50 Rfdg 3 34b 1953-1962. J&J 15 6 2.85 3 Ms Jan 1 1953-1963.-J&J 6 2.85 4s 1941-1950. -A&O 15 6 0.40 3Hs 1951-1952 _A&0 15 6 2.80 2%s 1953-1961 A&O 15 6 2.70 Ref 3s Dec 15 1941-1958—- 6 0.30 Ref 2 lis Dec 15 1959 Ref 2 34s Dec 15 1959-1961Flint 434s 1941-1954-M&S 15 o 1.00 6s (Mar 1 & Apr 1) '41-'50— 6 1.00 Flint Union School Dlst—• 6s 1941-1954 M&S 6 1.00 Grand Rapids— 3s Sept 1 1941-1945—M&S 6 1.00 Grand Rapids School Dlst— 43is 1941-1943———M&S 6 1.00 Highland Park— 4 34s April 151957 634s May 1 1941 —— 4348 Scnool Nov 1 1954 Jackson 434s 1941-47—A&016 6 1.00 434* July 15 1955.... Jackson Union s D— 434a 1941-1945 M&N 6 1.00 Lansing 434s 1941-1946—J&D 6 0.75 Muskegon 434s 1941-44--J&J 6 1.00 Muskegon S u 5s 1942...July — to 2.00 less Buchanan County— Ret 3s 1943-1956 1 101 to 2.25 to 3.00 2.75 to 3.00 to 2.90 to 3.00 to 3.00 2.75 lesslli to 3.00 to 2 75 to 3.00 to 3.00 to 3.50 to 2.00 „ to 1.50 ■ Pontiac— Refund 4-4 34s 1964 opt 1937 2.50 1.00 2.40 to 2.25 MINNESOTA 3 Jis July 151943 J&J 234 trunkh'way'47-61--M&N 1.85s Rural Credit ctfs 1941 28 Rural Credit ctfs 1942 -- Duluth 4Hs 1941-1947—J&J 4r 1941-1946 -J&J Hennepin County— 4H% Sanitarium *4l-'42 J& J 434s Hospital 1941..M&N Minneapolis1— 5s ?25 £ 10034 3.50 1.25 4 Mb School June 1 1955—Por tH ur on 4 34s 1942 Saginaw 434s 1941-1949-.F&A 43is Sewer 1941-1951-J&D Wayne OountyiOovert roads.. 43is Airport April 1 1948.. & to 1.75 % to 1.50 % to 1.75 6 0.75 6 0.75 to 2.10 6 1.00 to 2.50 to 2.00 2°00 0.75 less 1.20 0.50 to 1.35 less H % 0.30 - 1 70s 1941-.949 J&J Ramsey County134s 1941-1950F&A lJi Mar 1 1941-1949—M&S 23is 1941-1947 -F&A 43is 1941-1950 F&A 434s Rd & Bdge '41-'44M&N 43isRd& Bdge '41-'43 J&D St Paul— 6s school July 11951 J&J 43is W W 1941-1942..A&O 5s School July 1 1951..J&J 5s Gen'l impt 1941-62 J&J 434s Sewer July 1 1943-J&J 43is 1941-1959— J&J 4s 1941-1961..A&O 2.60s 1941-1957 J&D 0.40 less % to2.i0 to 2.10 to 1.60 to 1.85 to 2.75 i 6 0.25 6 0.25 to 2.70 6 0.25 to 2.55 6 0.25 6 0.25 to 2.00 6 1.90 6 2.00 to 1.80 to 1.20 to 1.20 to 1.00 to 1.50 to 1.50 1.50 to 1.60 0.50 to 1.00 2.25 0.50 2.00 0.50 1.00 0.50 less 0.50 to 2.25 to 2.00 to 1.45 to 1.75 1 0.75 less 1 to 2.30 less 6 0.50 % to 2.20 to 1.50 to 1.90 2.25 6 0.50 8 3is Highway 1950-1959.F&A 6 2.50 to 2.25 to 2.75 23is Highway 1961-1963 Highway Feb 1 1963 134 s gen o blig ref '44-'46—A& O 6 1.00 Highway bonds— 6 2.70 334s Feb 1 1960-.... 6 2.60 334s Feb & Aug 1960 23is Feb 1 1961 101 234s Aug 1 1961 99 Biloxi 534s 1941-1943—-A&O Callable bonds 100 10134 234s Non-callable bonds 105 Greenville 5s fund '43-'50 F&A 6 1.50 Jackson 634s 1941-1954-A&O 6 0.60 to 3.75 0.75 1.50 2.50 to to 2.35 6 0.25 to 1.75 6 0.25 6 0.25 to 1.75 434s 1941-1970— to 1.75 4s 1944-1968 4ft 104^-1070 1 %b Poor Relief '41-45M&N b 0.50 Camden County— .J&J b 0.60 ... to 1.15 6 0.25 6 1.00 to 1.70 6 0.35 to 1.00 6 0.20 6 0.20 to 1.60 to 1.35 6 0,20 6 0.20 to 1.55 6 1.55 6 1.20 to 1.60 6 0.20 6 1.35 to 1.60 6 1.35 6 0.25 to 1.55 yo to 1.50 % Phila-Camden Bridge— 434s 1941-1945 M&S 434 s 1946-1973 .M&S East Orange— 43*s 1941-1969— J&D to 1.85 5s Sewer 1941-1960 3 School 1941-1974 to 1.50 to 1.45 to 1.50 4s to 1.50 to 2.00 2.40 10134 100 10034 Hospital 1946 to 2". 50 to 2.75 % „ to 2.25 % TP 1.50 % 2.65 % 5s July 11953 J&J 6 2.85 Yicksburg— 5s Pub Imp 194M948.F&A 6 0.50 to 2.25 % Nominal. 3.00 3.75 % to 3.75 to 1.80 to 3.35 to 3.25 to to 0.75 to 0.40 0.40 0.25 0.40 to 2.80 0.50 to 1.10 0.25 to 2.40 to 2.75 to 1.25 t to 2.75 % to 2.50 % to 97 to 1.40 J&J 4 34s Bldg&Rd *41-'45 J&D20 6 0.25 6 0.60 6 0.40 -M&N16 43*s Road & bldg '41-'46J&J 2 Jisseries D May 1941-1970 6 0, 25 Emergency Relief— 334s Jan 1941. 5s May 19414 34s Nov 1941 — 6 0.25 3318 Mar 1941 to 1942 to 3.90 to 3.25 to 3.60 to 2.75 to 1.40 6 2.50 to 6 1.00 6 1.50 to 3.85 6 1.50 to ^.3.30 4.0(5 % 6 1.50 6 1.50 to 3.70 6 1.50 to 3.55 6 to 95 3%00 % 3.90 to 4.00 3.40 3.60 99 to 3.60 i 3.00 6 0.40 6 0.40 to 6 0.40 6 0.25 to 3.25 6 to 85 90 to 2.50 to 99)4 2.25 94 98 6 0.25 to 2.40 6 1.50 to 100 6 0.40 6 0.25 to 1.15 to 1.65 6 0.50 to 2.60 6 0.50 to 2.60 6 0.40 to 6 0.25 to 1.50 lr 1941-1972 M&S 6 53*s Oct 15 '41 to'59 A&015 6 6s 1941-1958 J&J 6 43*8 1941-1983 F&A 6 434s School Dec 1 '45..J&D 4s Sch house 1959 opt 1949 3 % 2%s Jan 15.1941-1976"-.J&ilft % % % % &0 1.15 2.50 % 0.50 0.50 to 4.25 0.60 to 3.75 0.60 to 3.50 0.60 0.50 to 3.60 0.40 % to 1.00 to 3.00 Par 4s Pas Val sew'01 op 51 J&D 4s 1941-1970 -—J&D 6 0.50 to 3.50 —M&N olio 9? 1 2?25 2.75 2.90 to 3.40 33*s Track elev 1954-F&A gs 1941-1900 & 1 to 2.80 0.20 0.25 0.31 to 0.50 to 3.40 6 0.25 6s to 2.25 ho 60.25 Neptune 434s 1941-1955.F&A Mow u to 2.20 ~ 3.90 33*s sewer 1941-1978—J&D _ to 2.20 to 2.25 I30 b 0.40 254s Apr 1 1941-1959-6 0.40 2.65s 1941-1970 M&N 6 0.40 Hunterdon County— 0.25 % to 2.60 4s g Park 1954 & '69.M&N to 1.90 to 2.20 to 2.20 1 2.75 2.80 F&A 5s July 28 1941-1960.. I 82 to 43*s 1941-1978 rT to 2.30 Construction— April 1941-1969. % 434s Imp 1941-1942—J&J 60.50" toT.io % 6s 1941-1954 F&A 6 0.50 to 3.00 3s 1941-1966 M&S b 0.50 to 3.10 Hamilton (Township)— i 6 0, 25 6 0, 25 I to 2.50 Hoboken 5s 1941-1954—J&J 6 1.75 Hudson County— to 1.40 33*s ser A July 1941-1960— 6 0, 25 B July 1941-1967 to Hackensacb 43*81942...F&A to 2.50 4 J*s series 4s series O 1.75 1.00 0.40 0.35 J&D 6 98 534s Water 1941-1963.M&S 99 Gloucester County— to 1.50 6 0. 50 6 0. 50 O of *30 Nov '41-'69 6 0 30 to 0.40 Gloucester Olty— 434s 1941-1966 1.00 J&J 6 0 50 3 Jisser to 2.75 4 34s Mun Bldg 1941-70 F&A b 0.25 „ Fairview 5s 1944.. Glen Ridge— 4 Jis O of '24 July *56 opt '41 4 34s ser B of '30 July '41-'e7 6 0, 25 to 2.50 11334 Elizabeth— 234s 1941-1978 M&S 43*s 1941-1957 A&O 63*s Dec 1 1910 1946.J&D 6s 1941-1972 J&J Englewood 5s 1941-1944.. A&O Essex County— 434sl941-1960 M&S 15 b Essex Fells (Boro)— to 0.65 b 0.50 J&J A&O _ 2.50 b 1.75 Cape May 43*s 1941-51—M&S b 95 Delaware River Joint Com N. J. 1.00 to 1.75 to 1.40 Mississippi Levee District— 5s May ?, 1944 M&N n to 2.90 to 2.35 6 1, 00 Institutional / Flat price. 0.50 m 9934 I 0 Basis. to 61.90 6 1.40 Highway debentures— 6 0.50 to 2.70 43is Jan 1 1941-1952 434a 1941-1952 —M&N 6 0.50 to 2.50 Jones Co 6s 1941-1942 M&N 6 0.50 to 1.25 % Meridian— 434s School House 1941 J&J 6 0.50., % 1.60 0.50 — to 1.10 to to 99 53*s 1941-1961 F&A 43*s Water 41 to '60-M&N 434s 1942-1969 J&J Consumers Pub Pow Dlst to 1.90 to 0.25 0.25 0.50 Camden— 2.00 6 0.50 to 3.70 b 0.25 234s School 1941-1969.M&S Bogota 434s 1941-1946-J&D Bound Brook 4 34s *41-'42 J&D Brldgeton (City)— 434s 1940-1958 J&D 6 to 2.60 6 0.25 6 0.40 to 3.50 to 3.90 5s Dec 15 1940-1955.J&D15 to 2.40 to 2.00 to to 3.00 Bloomfleld434s 1940-69J&D15 ^ fe.OO to to 3.50 to 1.75 Belleville 6s 1941 & '44_M&N to 2.25 3s Refunding '41-60-M&N 0.50 to 3.10 Belleville S D 5s '41-44 M&N 0.35 to 2.25 Bergen County— 53*s Dec 1 1940-1942.J&D b 0.25 to 0.40 534s Dec 15 1940-60.J&D15 b 0.25 to 2.75 to 1.85 6 0.25 6 0.25 43*s 1941-1955—M&8 Irvington 5s School 1963.J&D 434s 1940-1959 J&D Jersey City— 234 s El Rev '41-'65-M&N 6 1.00 to 2.85 % Omaha63*8 1942-1953—A&O 6s 1941-1969 4 34s Wat wks Dec 15 '41 J&J A&O 0.25 434s School 1940-1958.J&D 2.00 43is May 1 1956 -M&N 6 2. 10 5s 1948— J&D 6 1, 50 43*8 School 1945 1.30 J&J 4 3*8 Water 1901 Omaha School District— A&O 2.10 % 434s 1941-1907.. J&D 43is May 1 1955 M&N 6 2.25 4s Refunding 1949 York School District— .F&A 4s July 1 1941-1953. 434s 1942-1955 —J&J 6 0.75 to 2.25 % Gen rer334s '41-'54..F&A NEW HAMPSHIRE 4s July 1941-1948 334s. 1941-1956 J&D J&J 6 0. 15 to 1.00 Keansburg 53*s 1941-59.M&N 434s Highway 1941-1943.J&D 6 0. 15 to 0.40 Kearney— 334s Refunding 1942-1944 J&J 6 0. 25 to 0.50 43*s Water 1941-70- J&D15 lJis Highway 1941-1946 M&S 6 0, 10 to 0.75 6 0. 10 to 1.30 434s Sch impt '41-'52.J&D 134s July 1 1941-: 63*s 1940-1970 Concord— —J&D Linden 234s 1940-1950... J&D 23is Sewer 1941-1956.M&N 6 0. 15 to 1.70 Lodl 6s 1941-1947 J&J 43is USD 1941-1965-J&D 6 0. 15 to 2.00 Long Branch 5s 1943—M&N Keene 4 3is1941-1942—M&N 6 0. 15 to 0.30 Lyndhurst 4-53*s. Manchester— Maple wood (Township)— 4s Impt 1941-1951 A&O 6 0. 15 to 1.60 4s 1941-1967—.7... J&D15 334s Bridge 1941-1956.F&A 6 0. 15 to 1.80 Middlesex (Borough)— Nashua— 6 0.15 to 1.70 354s 1941 to 1967J&J 3s H 8 1941-1956 J&J Middlesex County— NEW JERSEY 43*8 Road 1941-1944-F&A Bridge bonds— Imp 3s Nov 15 1941-1948— 4 3i® series E Jan 1941. 0.20 Monmouth County— Road Bonds— 43*s Mar 15 '41-'50—M&S 0.20 4 3is series F Jan 1941. 0.25 43is series G July 1941 434s Rd & bdg '41-51F&A15 0.50 Montclair 4J*sSch 1041.A&O 4s series H July 1942— 43*s High sch bldg '44. J&D 4s series I July 1943--. 0.75 4 3i s series A of '27 July 1944 23*s May 10 1941-1970 0.90 4s ser B of '27 July 19501.40 Morris County—43*s 1942 opt 1922 J&J 0.25 Soldlers Bonus 5s July 1941 354s 1941-1949 J&D15 Highway Extension— 0.20 Morris town— 43is F of '20 Jan '55 opt '40 43<s 1941-1942 J&D 0.20 4 Jis A of '24 Jan '55 opt '40 4a 1941-1909 M&N 4 Jis B of '24 July '65 opt '40 0.20 to 2.00 0.75 0.50 1.50 1.50 1.50 0.35 43*8 1941-1955 F&A 4 Jis School 1941-1966-F&A 6 0.80 80 101 (Boro)— Bayonne 5s 1941-1949—J&J North Platte Sch Dist— 434s 1941-1959— North Platte Division- to 2.00 0.50 0.50 0.50 0.50 6 0.50 6 2.50 5 D 1.75 43*8 School 1942-1944 to 2.10 to 1.40 0.50 0.50 Audubon 1.85 6 0.35 6 0.35 91 78 99 to 1.75 Lincoln School District— 434s 1941-1953 M&N 6 0. 25 McCook County- less MISSISSIPI 634s Impt 1941-1946 M&S 4Jis May 1 1941-1950 434s Impt 1953 J&J 434s Flood 1941-1953...A&O 434s Jan & July 1942—J&J 43is 1941-1955...—.A&O 4 J*s Airport 1941-54—A&O 4s Airport 1941-1971—M&S 3 Jis 1941-1974. J&J 334s 1941-1974 F&A 33is 1941-1955 A&O 3s 1941-1957 J&J 3s 1954-1975 -M&S 2 Jis 1958-1975 J&J 234s 1956-1975 A&O 134s 1949-1960 M&N Kansas City School Dst— 4s 1941-1951 J&J 43is 1941-1950.— J&J 434s 1941-1950 J&J 434s 1946 ...J&J 5s 1941. J&J 3 Jis 1941-1951 J&J 234s 1945-1955—J&J St Joseph 434s 1941-'45—M&S Refunding 434s May 1 1951 St Louis 434s 1941-1953 -F&A 434s 1941-1948 .M&N 4s 1941*1951 M&N 3s Schbm 1941-1954—.F&A 2s Feb 11958-1959 F&A 134s 1948-1955 A&O Public Bldg & Impt—• 33is 1941-1955 A&O 234s 1951-1956 M&N 2s 1954-1958 F&A Springfield 4 34s '41-'49—M&N University City— 434s 1941-1943 M&N 4348 1942-1949.. J&J16 MONTANA Funding bonds— 4s opt *44. 1941-1953-J&J Douglas Count* 58 Highway 1941-46.-A&O Holdrege S D 5s 1941-52- J&D to 2.00 to 1.25 89 — to 1.75 NEBRASKA Beatrice S D 5s 1941-54—F&A 6 0.25 to 2.00 to 1.20 6 0.45 Water 4s-4 3*8 Jan 1973 Atlantic County— 4 3*s Bridge 1941-1957-A&0 6 0.50 less 1941,1943.1945,1940._ 0.50 1947, '48. '49. '50—J&D 0.50 43is 1941-1952. A&O 4s 1944 A&O 1.10 0.50 33is 1941 ...M&N 3s 1941-1959 -A&O 0.50 2.60s 1941-1960 ...A&O 0.50 2348 1941-1967 M&S 0.50 2.30s 1941-1947 M&S 0.50 2.30s 1941-1960 J&J 0.40 23ia 1941-1958 M&N b 0.40 2 20s 1942-1959 J&O 0.40 2.10s 1941-1950 F&A 0.35 2s 1941-1946 A&O 0.40 1.90s Oct 1 1941-1940-A&O 0.40 1.80a 1941-1943 F&A 0.50 13is 1944-1948 F&A 1.00 J&D b 0.35 M&N 6 0.35 100 1940 151949 opt '44— 6 1.10 Daniels County— 6s 1941 opt 1940 J&J 100 Great Falls— 434s Wat & Sew '41-'50.J& J 6 0.25 to 1.60 0.50 0.50 to to 0.50 B 1943-1950, ser 6 0.35 6 0.35 1 Ji s June to 1.75 is to 0.75 Asbury Park (City)— Refunding 4s 1966 Atlantic City— 3s-43i8 Jan 1973 4 Jis Dec 31 3-4 34 0.60 0.30 to Kansas City— 4 Jis Various May 9 '41-*72 6 0.25 to 2.95 To Net to 0.50 ... 6s July 1 1941-1944 ... to 2.85 to J&J 6 0.70 4a 1941-1951--J&J 434s 1941-1950 J&J 43is 1941-1950 J&J15 434s 1949 J&D 434s Road 1941-1952.-J&J 4 34s Court h'se '41-'52 J&J Joplin (School District)— 434s 1943-1948 to 2.95 to to 1.45 Jackson County— 3i to 3.00 iess b 0.25 b 0.20 A Jan 1941-42 b 0.25 to 1943 opt 1943 * J&D 6 1.40 to 1.60 ...J&J 3s State Bldg 1941-1944.F&A 6 0.20" to 0.75 to 2.00 b ser opt 1942 134s to 1.10 3s Road 1963-1957 3s Building 194! Refunding ""Water series D— 3Hs Oct 1 1951-1901.—3 lis Oct 1 1941-1950 3 lis Oct 1 1948-1950 4s July 1 1^41-1947 1948-1952 Ask Unemployment Relief— 134s ser A 1942-1949, to 1.40 M&S 6 0.55 A&O 6 0.70 M&N 6 1.20 334s 1948-1952 434s Road 1941-1942 Bid N. J. _ 4**s Sewer *40- 51-'50-A&O 6 2.00 4)4% 4Ms...... or Bonds Net t'azoo-Misa Delta Levee Dlst- Dearborn Detroit— General 3 M% 4s Yield Basis To or To or Bonds BONDS possible for the closing day of the month preceding the date of issue to 2.90 & Par to %' STATE Dec., 1940] AND 97 MUNICIPAL BONDS Quotation- for all securities are as near as possible for the closing day of the mouth preceding the date of issue Yield Basis Yield Basis To or Bonds Bid New Brunswick— Ask 1941-1964.A&0 to 2.75 94 97 to 1.00 2Hs Dec 8 1941-19S7.-J&D 6 0.35 Unemployment Relief— 2Hs July 6 1911-1947..J&J 6 0.1C General State Improvement— to 3.00 to 4.75 6 0.50 to 3.25 to 3.00 to 6a Impt 1941-1948 6 0.75 4tfs Water 1941-1970-J&J 6 0.40 % to 2.50 to 2.90 2.75 Passaic County— J&J 6 0.40 J&D fe 0.40 43*8 19U-1946 4Hs 1941-1968 Pater son— 5Hs 1941-1959 4Hs Feb 1 IU45— 4Hs 1941-1967 Net —M&N F&A 6 0.25 A&O 6 0.40 to 2.00 to 2.75 to 2.80 — — to 2 .75 Perth A in boy— 2% 1.70s to 4.25 1.75 1.45 1.50 to 1.75 C.20 to C.90 0.20 to 0.50 0.60 to 0.80 0.55 to 0.85 2.30 U.25 to 0.15 0.20 to 1.80 0.25 to 2.20 to 2.10 0.20 to 2.15 0.20 to 2.10 0.20 to 2.10 0.25 to 1.50 0.20 to 1.95 0.25 to 1.50 0.20 to 1.80 4s to 3.60 1941-1972 M&N Auburn 1.60s 1941-1958-F&A Rahway4H»l940-1953—J&D to M&N 6 0.25 to Ridgewood 4 Hs 1941-4J2.M&N 4MB 1941-1968 M&N Sea Isle City 5a 1942-—F&A 6 0.40 to 2.40 5Hs 6 0.25 to 2.50 5s 1941-1950 1941-1953 1.90 75 4 Hs 1941-1967 4s June 15 1960 Somerset County— 4Hs J&D 1941-1949 J&J South Jersey Port District— 4Hs 1941-1952 Marine South Orange— 4s 1941 to 1944 6s 1941-1962 4Hs 4H»s J&J M&S J&D J&D 1941-1969 1941-1968 2.75 2s to 1.15 0.25 to 1.40 0.20 to 0.15 to 1.60 J&J 6 0.25 J&J 6 0.25 F&A 0.20 to 3.00 to 2.90 2.75 6 0.50 to Par 6 0.50 6 0.50 to to 2.60 2.75 6 0.50 to 3.50 to 1.55 2.00 6 0.25 East to 1.60 6 Par to 2.20 3s serial 0.25 to 2.25 3s corp stock Feb 1 1979.. 3s Water 1941-1970-—A&O 1.85 6 0.40 1.85 1.55 1.55 1.25 1.60 2s Mar 15 1941 F&A b 0.25 to 2.40 434s 1941-1966 A&O 6 0.25 West New York— 4H* Oct 1 1941-1968—A&O 6 1.00 5s School 1941-1961-_M&N 6 1.00 West Orange— to 2.25 M&S b 1.55 1 1941-1947.-16 0.20 1.90s Feb 15 1941-50..F&A 6 0.20 to 1.50 to 4.10 Essex Co 4s 1941-1956—M&S 6 0.25 to 1.75 to 2.10 Free port— 4.20s 1941-1945 to 2.00 4 3*s 4.40s M&N'6 1941-1951 1941-1950 M&N 6 0.75 M&N 6 0.80 Garden City 4 Hs 1941-52.J&J.6 0.20 Greenburgh (Town) 4s 1941-1951 J&J 6 1.00 to 2.40 to 2.40 Greenburgh U S Sch Dist No 9 4.40s 1941-1965 J&D 6 1.25 Groton 6s Wat '41-'50—M&N 6 1.00 Harrison (Town)— 4 Hs 1941-1980F&A 6 1.00 Hempstead (THHb'41-59 A&O 6 1.00 Hempstead 4Hs 1941-65 M&S 6 0.75 2.30s 1941-1967 -J&J 6 0.50 to 4.25 to 4.25 to 2.60 354s H'w'y deb *46-*47—M&N 2.25 3 Ha H'w'y deb *48-'49.-M&N 2.25 3s Jan 1 & July 1 1949-1952... 2.50 2.00 254s H way deb 1944-45-M&S 2Hs 1946-1951 J&D 2.50 2Hs H'way debs 1951-52.A&Q 2.50 254s H'way debs 1953-54.A&O 2.60 Albuquerque— 5s Water Works 1962 -J&D 123 4Hs 1941-1950 J&J 6 1.00 454s 1941-1950--J&J 6 1.00 Middle Rio Grande Conser Dlst 5Hs 1941-1973.-F&A 70 8ocorro Co 5a 1941 op *21. A&O 96 March 0.50 4.208sewer 1946-1960.M&N 6 2.00 to 3.25 6 0.25 1.50 1.75 2.00 MEXICO Hempstead Un F S D No 1— 6s 1941-1954 M&S 6 Horneil 4Hs 1941-1947—F&A 6 Hudson Riv Regulating Dist— 4Hs 1941-1905 J&J 6 4.70s 1941-1965 J&J,6 Huntington (T) 4s *41-'52_J&Ji6 Islip 4s 1941-1951 M&S|6 Ithaca 4Hs 1941-54 J&J 6 Jamestown 4s Mar 20 "43 A&O 1.25 1.75 2.00 2.20 128 to 2.50 to 3.00 Lackawanna 4 V*s *41-'54M&N Lone Beach 55*8 1953 6s 1947 Beach acquisition-. 75 100 1941-1945 6s Jan & Mar 1946-1970 6 0.15 to 6 0.90 to to to 3.00 to 4s Canal Term Jan 1949.. J&J 0.90 4s g High Imp Mar 4s g High Imp Sept 1.65 1.65 1958.M&S 1958.M&S 4s High Imp Mar I960-- M&S 1.70 1.70 4s Canal Imp July 1960--J&J 4s Canal Imp Jan 1961 J&J 4s Canal Imp July 1.70 1961—J&J 1 70 4s Highw Imp Mar 1961 M&S 4s Palisade Park 1901—M&S 1 70 to 1.90 to 2.75 to 3.25 % to 2.75 % to 3.25 % to 3.00 to 3.00 to 2.50 to 2.75 to 1.75 2.75 1.00 to 1.00 to 3.00 0.75 to 2.25 0.75 to 2.00 0.25 to 2.00 4s Canal Jan 1962... 4s Hlghw Imp Mar 1962 4s due Sept 1 1965 4s due Jan 1 I960. 4s Canal Imp Jan 1.70 1 75 1 75 4Hs 1941-1944 4s 1941-1947 35*s 1944-1961 1.75 3s 1.75 6 0.50 to 2.50 92 / Flat price. 1.75 1.75 1.75 to 1.10 to 1.60 to 1.90 % 4 to 3.00 to 2.50 to 2.90 111H 111H 1103* 6 0.60 to 3.00 1013* b 0.50 to 3.00 1023* . 2.30 2.40 0.75 to 3.00 0.50 to 2.50 0.75 0.75 0.50 to 2.95 to 1.60 to 1.30 0.50 0.25 0.75 to 2.40 2.40 b 2.45 2.30 b 2.55 to 2.35 2.65 2.65 to 2.00 0.40 to 1.00 0.25 to 1.25 € b 0.25 to 1.75 % b 0.25 to 0.50 M&N Niagara Falls School Dist— 4 Hs 1941-1960 F&A No Hempstead S D No 7— 4Hs 1941-1942 J&D 2.40s 1941-1967 M&N North Tarrytown— 4Hs Water 1941-1964.A&0 4 3*8 1947-1972 J&J to 1.25 to 2.00 6 0.25 to 2.00 b 0.25 to b 1.50 to 2.40 % 2.50 b 0.25 to 0.90 Onondaga Co. 4 3*s '41-47A&O b 0.25 to 1.20 1941-1951 A&O b 0.25 Ref 1.90s 1941-1957 F&A b 0.25 b 0.25 2.10s Feb 1 1941-1968 to 1.50 Oneida 4s Water *41-'45-.J&J 3.70s to 2.10 b Par to 2.10 b 0.25 to 1.50 b 0.25 to 0.50 b 0.25 b 0.25 to 1.60 1.00 to 2.40 0.25 to 1.50 0.25 to 2.00 M&N 0.25 to 1.75 Port Jervis 4Hs 194K69-J&J Port of N Y Authority— 0.50 to 2.50 Poughkeepsie 4 3*s '41-52 J&D 4s School 1941-1959—M&S General & refunding— 4s 1st series May 1 1975 b 0.25 Inland ser Aug 15 1977 to 2.10 1043* 1013* 101 0.25 43*s series D 1941. _M&S 6 1.00 to 1.50 to 3.50 Putnam to 3.10 4s 1941-1954. Rensselaer County— to 2.50 4 Hs series E 1941 M&S 4 3*8 ser E '42-'60—M&S 106 Oo 4 3*s '41-'51-A&0 b 0.40 F&A b 0.40 43*« Highway 1941-58-F&A F&A 4H« Pub Imp *41-'58-F&A 43*s 1941-1559 M&S 4s Imp Sch &c *41-'47-J&J 23*8 1941-1957 M&S 1.70s. 1941-1948 F&A 13*s 1941-1950. -M&S 1.20s Jan 15 1941-1950 J&J Rochester 5s 1941-1962 to 1.10 to 1.60 to 2.50 J&J 0.50 to 1941-1950 l&A 3.40s July 1 1941-1945-J&J 0.50 to 2.00 0.50 to 1.40 2.75 0.25 1.75 to 1.90 % to 2.25 b 0.25 to 2.00 b 0.25 to 1.90 b 0.25 to b 0.25 to % % % 1.90 % 1.10 % b 0.25 b 0.25 to 1.75 b 0.25 b 0.25 to 1.25 b 0.40 to 1.20 to 1.25 1.60 to 2.15 Rock'd Co 43*s 1941-'45 b 0.25 to 1.10 F&A 0.50 to 2.25 Rockvllle Centre 0.50 to 1.75 to 2.20 4.15s 1941-1952 J&D b 0.40 Rome 4.10s 1941-1950—M&N 6 0.25 to 1.50 Newburgh New Roche lie— 5s 1941-1950 4Hs 1941-1965 (Village)— 1.80s 1941-1945 4H8 Wat Impt 1941—J&J 6 0.75 to 2.25 M&N 6 1.00 M&N 6 0.75 to 2.15 to 2.85 M&S 1945-1954 to 2.00 M&N 5 Par Rye & Har'son Un Fr 8 D No 6 4.40s 1941-1953 —F&A b 0.50 Saratoga County— 43*s 1941-1955 -M&S 5 0.25 4s Sept 1 %"" to 2.40s May 1 1941-48—M&N 2 20s 1941-1959 M&S Impt 1942-1963-J&J % % 4 3* sser D 1942-1960-M&S Holland Tunnel — to 1.75 4s Wat % 1 Terminal— to 1.10 to 1.15 to 1.10 % 104 to 1.50 0.75 to 1.90 % to 1.50 % % % to 2.60 % to 1.20 % 1.70s 1940-1968. -J&D Ontario Co 4s 1941-1951-M&N Os8ining4Hs 1941-1942.M&S 4Hs Water 1941-1969.A&O Oswego 53*s 1941-1946. .M&N Oyster Bay Water District— 4s 1941-1950 J&J Pelham (T) Un Fr Sch Dlst 6 3.00 6 2.75 6 1.00 0.50 % to 1.25 104 M&S 6 1.00 1940-1956 98 H 983* 0.75 to 2.40 33*8 5th 1.25 1941-1957 2.60 110 to 3.00 0.50 25*s b 2.70 3Hs 3d series Mar 1 1976 3s 4th series Dec 15 1976 0.50 2Hs b 2.75 to 1.50 J&D J&J July I 1941-1964 2.65 109 H 2.65 108 to 1.25 1.40s 1941-1960 92 M&N A&O 3s * 1941-1943— A&O 5Hs 1941 A&O 43*s School 1902-73—M&N 4s Sewerage 1950 55—M&N 2H« 1941 to 1956 M&S J&J 1907--J&J 4s Highw Imp Mar '67--M&S 4s Palisades Park 1967--M&S 4s Bidg constr *41-'49 M&S 6 0.10 4s Apr 16 1941-1955 A&O 6 0.15 SHs Mar 15 '41-'81-M&S 15 6 0.10 834* Mar 15 '41-'81--M&S 15 6 0.10 8Hs 1941-1949 M&N 15 6 0.10 Ss g Canal Jan 1 1956 J&J 126H 8s g Canal July 1 1958 —J&J 126H 8s g Canal Jan 1 1959 J&J 126H 6 Basis. 4 Hs M&S 2.60 2.75 b 0.25 No 1 4.60s 1944-1960 Mount Vemon— 3« 1941 to 1946 Nassau County— Jounty— 5s 1941-1943- 2.50 2.70 b 2.75 3 Hs 1942-1945. 2s Mar 1 1941-1949 2.75 to 2.25 1.00 3*s 1941-1964 J&J 6 1.00 0.80 % Mamaroneck Un FSD No 1— 1.80 % 6H« May 11941-1952.M&N 6 1.10 L 90s 1941-1964 1.75 J&J 6 1.00 1.75 Middleport 4 35s '41-'42_J&D 6 1.10 1.75 Mineola (V) 4 40s 1941-68 J&J 6 1.00 1.70 Monroe Co 4s 1941-1944 .F&A 6 0.75 0.80 3.90s Co Bidg '41-'50- -F&A 6 0.75 1 Hs Jan 15 1941-1942.J&J 6 0.50 1.10 % 0.35 2.65 4.15s Sewer 1965-70.-M&N b 1.80 4.10 % Sewer 1941-1950 J&J b 0.25 4 3*8 Wat Mav 1 '41-48M&N b 0.25 1.80 3.95 Nov 1 1961-1970-M&N to 1.65 0.25 4 4Ha Highway 1963 M&S 4 H8 Canai 1964 J&J lb Canal 1965 J&J (s Highway 1965 M&S (s Bar Canal 1945 J&J is Bonus 1941-1949..-A&O 6 0.15 4s Canal Term 1942 ; J&J 0.60 to 2.40 - to 1.95 Mamaroneck (Town)— YORK 5s Jan & Mar I 2Hs 1942-1952 M&S 2 3*s Mar 15 1953 2Hs Mar 15 1954 23*s 1955-1957——-M&S 3s 1958-1960 —-M&S Niagara Falls— 53*s 1941-1948. M&N to 0.80 J&D b 0.25 to 3.25 1910-1973----J&D 3% corp stk 1980---J&D 2Hs 1941-1979. IJ&J15 23*s July 15 1969 J&J 23*s 1941-1970 F&A 2Hs 1910-1953. J&D 2 Hs 1941-1979 M&N 2 3*a Serial 1941-1946-F&A 23*s assessm't 1940-44. J&D NYC Housing Authority— 2.25 Chester— 2.90 0.50 0.80 2.25 Transit Unification Issue— 4 Hs Water 1941-1945-A&0 b 0.15 Erie County— to 2.25 3.00 0.70 Rap Trans 1947-51. -F&A to 2.20 4 3*s 1941-1959 4s 1945-1953 to 2.70 1023* 1013* 3s corp stock Jan 1 1977 J&J 3s Serial 1941-1968—. .T&Ji& 0-50 to 2.95 3sserial 1941-1969—M&N & 0.50 to 2.95 0.20 1941-1958 to 2.85 0.70 Corporate stock 0.25 4 Hs to 1.90 6 0.25 reg to 3.00 0.50 3.10 to 2.08 to 2.00 Elmira— 334s 1941-1951 opt '40. A&O 6 0.75 3Hs 1941-1979 J&J 6 0.60 Westfield— 5a June 15 1941-1960-.. J&D 6 0.25 NEW 3Hs to 1.25 0.20 to 4Hs 1941-1959 A&O 2.40 Corning 63*s I960---—M&S Cortland (City)— 1.60s 1941-1964 J&D 0.20 to Cortland Co 4Hs '41-'51.J&J 0.20 to Delaware Co 4.20s '41-'52A&0 0.20 to Dutchess County— 4s 1941-1940 M&S 6 0.20'to 4s 1947-1954 M&S 6 1.35 to to 2.75 to 2.75 1950-53.. ...M&N b 2.40 to 2.70 106 H 1053* 3 3*s Corp stock July 1, '75 *3 3*8 Aug 1 1941-1978.F&A b 0.50 to 3.00 b 0.50 to 3.00 33*8 serial 1941-1979.-F&A b 1.85 to 2.40 3s to 1.80 0.25 0.25 to 2.90 6 0.50 Union Township Sch Diat— 4Hb 1941-1968 J&J 6 1.00 NEW 0.25 to 2.05 Columbia County— .A&O 6 0.50 A&O to 2.20 to 2.00 to 3.00 Gen ref 3Hs 1941-9959 2.20 0.25 J&J 1964- 0.50 J&J J&J15 3H» 1941-1964 J&D 3 3*s ser F 1941-64—M&N 4s 1941 2.50 to M&S 1941-60.. 2.40 Sewer Authority— to 6 0.50 VIneland (Boro)— 6His 1941-1950 Weehawken— to 2.35 1941-1958-.- 2s 1941-1959. to 2.75 F&A F&A 1950-1965 6 0.25 to to 4.00 A&O 6 0.50 23*sgen fd & ref *41-68 F&A 23*s ref 1942-1966 A&O 2 Hs 1941-1954 M&N Union City 4Hs 1940-'64J&D Union County— 4Hs Oct 15 1941-1952 434s Rd&Bdge'41-'47.F&A 4« Oct 1 1942 A&O 2.808 Gen Impt B June 1 to 2.10 b 0.35 b 0.35 Impt 1941-1955.-.M&N 6 0.25 Tenafly 43*s 1941-1963—F&A 6 0.35 Trenton— 6Hs 1941-1951..-.—A&O 60.50 3s 1941-1970 6 0.25 2.10s 1941-1949 4s 1941 1966 1941-1960 J&D 15 M&N A&O to 2.75 I 4His School 1941 F&A| 4Mb Imp & sch *40-'60-J&D b 0.25 Sussex Co 4 Mb '41-'44—M&S 6 0.25 4H»s 4Hs 1.25 to 1.15 4s Summit— 5a School 1941-1955 to 1.35 1.40 6 0.35 A&O 6 1.00 to 1.85 0.15 6 6 0.25 to 1.50 to 1.75 Terminal— 4 Ha 1941-1973 0.20 J&D 6 J&J16 3.40s Nov 15 '41-'55. -M&NI6 3.10s Oct 15 1941-1946-A&0 6 23*s Ref 1941-1951.-.J&D 6 2.60% Relier 1941-45—J&J 6 2H9 Oct 15 1941-56--A&O 6 2.20s Jan 15 1941-1947.J&.T 6 .O.O OO <N<N to 1.70 Buffalo— 1944 1941-1963 1 '75_ 3Hs Corp stock 1940-1954 3 Hs g exempt 1941 M&N 3Hs exempt 1942 M&N 3Hs R T 1948-1950--M&N 3 Hs g exemp* 1952 M&N 3 Hs g exempt 1953 M&N 3 Hs g exempt 1954 M&N 3 Hs g Water ex 1954. M&N 3Hs exempt 1955 M&N 3 Hs stock Apr 1,1954-A&O 3 Hs Corp stock Mar 1, 1960 3Hs Corp stock Jan 15,1976 to 2.15 0.20 Bingham ton— 4 Hs Oct 1 1941-1971—var. 2s Mar 1 1941-1956 Red Bank (Borough)— 4Hs 0.25 4« 2.50 serial 4s 1941-1954 Albany Port District— 4Hsrefdg 1944 & '46. -F&A b 3.25 Plalnfield 4s School 1959 M&N 4Hs 1941-1962 Various.J&J b 0.25 to 2.40 b 0.75 3 5*s Corp stock July to 4.40 b 0.25 HV41-'63M&N — to 1.45 J&D 1941-1979 4 - to 1.00 M&S M&N 1941-1978 1941-1955 ? 23*s 1941 1947 M&N b 0.25 ito 1.90 York City— " 127 125M 4Hs June 1965 J&D 126 4 Hs 1963 M&S 124 3* 122 H 4 Hs May. 1957 M&N 121M 1223* 4 Hs Nov 1957 M&N 121H 132 133H 4Ha Dec 1. 1979 J&D 127 3* 4H8 Corp stock 1967. .J&J 126H 128 129 3* 4 Hs Corp stk 1971. J&D 15 b 0.50 to 2.90 % 43*s July 1.1911 to 1955— 126 H 4 3*8 Jan 1. 1977 J&J 1253* 1213* 4 3*8 I960. M&S 120 122<fr 43*s Mar 1. 1962 M&S 1203* 1223* 4 3*8 Mar 1. 1964 M&S 121H 122 123 3* 43*s April 1.1966 A&O 123 1243* 43*s Apr 15.1972 A&015 1243* 125H 43*s Rap Tr & Wat '74 J&D b 0.50 to 3.00 % 43*8 Feb 15, '41-'61.F&A15 1263* 43*8 Feb 15.1976 F&A15 125 126 1273* 4 3*s Nov 15,1978. -M&N15 1283* 43*8 Mar 1. 1981 M&S 12/ 1223* 4s Oct 1. 1980 A&O 121 1213* 4s May. 1977 M&N 120 115H 4s Nov 1955 —M&N 114 1163* 48 Various 1956 M&N 1143* 115 116H 4s Various May 1957-M&N 117 115H 4s Nov 1958 M&N 117H 4s May 1959..-M&N 116 New 2.00 1.90 0.15 23*s July 6 19U-1962..J&J 1 Hs Sept 10'41-46-M&S 10 Emerg Unemploym't Relief— 23*8 Sept 25 '41-'43 M&S 23*8 Sept 25 *44-'45.. .M&S lHsSept 101944-1946.. Albany County— 4 3*8 I960---M&S 33*8 Fund 1941 M&N 2 Hs refunding 1941-'57.J&J Albany (City of)— 4H 1941-1969M&N 43* 1911 1970 J&D 4s\lunic & Sch *41-*63.J&J 3H 1911-1971 J&D 2Hs 1941-1953 M&N 2 3*s 4His April 1944 43*s Water 1941-64--M&82 b 1.75 5s Feb 1941-1977 F&A b 1.75 New Rochell J&J 126 H M&S 6 0.15 to 0.10 to 2Hs 1941-1969 M&N 15 0.10 'to !3*s 1941 1979. A&o 1.40 ,to lHs 1957-1961 F&A 0.10 ,to lHs 1941-1965 F&A Eliminat'n of Grade Crossings to 2.75 5His General Improvement 1940-1951 -J&D 6 0.40 M&N 4Hs Refunding 1944--M&N Ask 3s Canal 1957-1959 3s Mar 25 1911-1987 to 2.50 _ 4 Mb Sewer Passaic— Bid N Y STATE (Concluded)- 1 43*s 1941-1957 F&A&0.40 4Hs Sch & wat '41-'69.J&D 6 0.40 4ks 1940-1967 -'-J&D 5 0.25 North Arlington (Borough >— Refunding 4s 88 North Bergen ref 4s-4Hs 95 Nutley (School District)— 4Hs 1941-1942 F&A &0.40 4Hs 1943-1967 F&A b 1.25 Ocean City5s 1944 F&A 102 43*slmpt May 15 1941- 56. b 3.25 Ocean Co 4His 1941 '50-J&D b 1.00 Orange— To or Bonds Net M&S b 1.00 to 1.10 to 2.20 • to 2.00 to 2.00 % % 98 STATE Quotations for all securities AND are as near as MUNICIPAL Yield basis To 1941-1950 1941-1950 2.20s 1.80s lHs 1941-1955 1.10s to 1.00. % to 1.40 % 1941-1949 to 2.10;% to 0.80 0.20 to 1.75' 0.20 0.20 0.20 0.20 to 1.50,' to to 2.10 0.25 to 1.50 0.50 -- „ to to Refunding bonds— 4 Ks 1942-1951 0.50 5s to 1.75 Fund June 1959 M&S b 0.20 —M&N b 0.25 J&D15 b Par F&A b 0.20 to 2.00 to 1.00 to 2.20 to 1.00 1.75 J&J15 b 0.20 J&J15 b 0.25 to 2.10 M&S b 0.25 to 1.80 M&S b 0.20 1941-1951 to to 1941-1957 2s 1941 1956. 2.10% Aug 15 1946-1947.-- b 0.90 1K« 1941-1948 F&A b 0.20 1Kb 1941-1946 M&S b 0.20 Thousand Islands See "Water town. Ticonderoga S D No 5— 4Kb July 1941-1958 J&J & 0.25 to 1.00 to 1.10 to 0.90 to 2.20 % Tonawanda (City of;-— 3Ks sewage 1941-1969-J&J b 0.50 4Kb 1941-1942 J&J b 0.50 4Kb Sewer 1941-1953..J&J b 0.50 6s Water 1941-1950-— J&J b 0.50 5 Kb Water 1941-1950—J&J b 0.50 Union Free Sch Dist— 2.80s 1941-1958 M&N b 0.50 Triborough Bridge— 2Kb revenue 1945-52-F&A b 1.35 m t n to 2.75 L 1972 % 0.75 % to 2.50 % to to % 2.75 % ^ to 2.20 2.85 to 2.60 A&Ofi 2.50 to 2.75 F&A 6 1.00 to 2.40 F&A b 2.50 to 2.85 b 2.30 105 A&O b 0.50 J&D b 0.50 J&J b 0.50 Troy 4Kb 1941-1950 4Kb 1940-1970--4KB 1941-1965 to 2.50 % 1941-1947 M&s'& 4Kb 1941-1958 M&N 15,5 4Kb 1941-1973 J&J 6 4s refunding 1948-56 J&J 6 3s refunding 1956-68..-J&J b 5s Sept - 4Kb Pub Imp '41-*45-J&J15 4.20s 1941-1949— F&A 4.15s 1941-1950 M&N 4.10s 1941-1946 A&O 3.90s 1941-1948 F&A 3Hs May 15 '4l-'51-M&N Revenue 2.75s 1941-66 A&O Rev 2.60s 1967-1969-A&0 1.40sl941-1969 J&D 1.10s 1941-1950 A&O % 4Kb Jan 1957 J&J Fargo 4s Aug 15 1911-1954 b 0.25 to 1.00 to 1.40 % % Grand b b b b to to 2.10 to 1.60 0.75 0.75 to 2.30 0.75 to 2.35 1.75 to 2.25 to 1.60 % J&J & 0.20 to 1.00 to 0.80 Thousand Islands— 95 4Kb Bridge Rev '67-M&S Westchester 0.25 to 2.40 0.50 2.20 0.25 0.80 0.25 to 2.60 to % % 2.40 % 0.80 % to 2.35'% to to 2.10 1959-1964—J&D b 2.10 J&D b 0.25 J&D b 1.90 J&D b 0.25 % % % % % % to 2.20 to 2.25 1941-1951 1952-1980 3tfs 1941-1963 to 1.90 to 2.20 J&J b 0.25 to 1.75 4Kb 1941-1959 (reg)—M&S b 0.25 1941-1954 F&A b 0.25 2Kb Sept 1 1943-49 b 0.75 to 2.30 % 2.25 % 1941-1951 White Plains— 2s I 3.90s to to 2.00 Wolcott— 4Kb July 15 1941-1942.J&J b 0.25 Yonkers— 6s Feb 1 1941-1952 A&O b 0.50 to 0.50,% to 3.001% 3.25'% 3.25 % oHs Jan 1941-1961—A&O b 0.50 5s 1941-1961 A&O b 0.50 to 4Kb July 1 1941-1962.A&O b 0.50 4Kb Mar 1 1941-1956.A&O b 0.50 1941-1958.. F&A b 0.50 to 3.10,% 4s to 3 Ks to 3.10!% 3.10 % to 1943-1961 J&D b 1.50 3.30s April 1 1941-1956 b 0.50 3Ks 1941-1955. M&S b 0.50 . 1941-1964- ... & 0.50 M&S b 0.50 2.80s 1941-1959 M&N b 0.50 2Kb gen & ref July 1 '43-'46 b 1.50 2Kb 3s 1941-1960 19^1-1954— NORTH A&O b 0.50 CAROLINA 5a July 1961 to 3.25| % A&O b 0.50 A&O b 0.50 A&O b 1.10 3 Kb 1941-1945 2Kb 1946-47-1948 2Kb 1941-1948 2s 1948-1949 lKs 1942-1943. IKs 1943-1946 4Kb 1941-1970 4Ks 1941-1979 2Kb 1941-66 I M&N b M&N b M&N b F&A b to to to to A&O A&O M&S b 0.75 to b 1.10 to to 1945-1954 b 0.25 J&D 19 b 1.00 to 2.00 b 0.50 b 0.50 to 0.50 to 2.30 to 2.30 0.50 to 2.15 ..-F&A 5 2.10 M&N b 0.50 to 2.20 to 2.15 to 2.30 to 2.00 to 2.20 Greensboro— F&A b 1.00 F&A F&A F&A 5s 1943-1952 Cuyahoga County— 4Kb 1941-1944 4Kb 1941-1943 4Kb Road 1941.. A&O A&O A&O to 2.75 to „ % 0.50 1.15 5s Mar 16 1941-1946.M&310 6 0.75 to Cleveland— 0.20 to 0.75 0.25 to 2.00 0.25 to 1.60 Hamilton County— % to 2.00 to 1.75 % % % % 1.25 % Bridge 4^s r&A 106 K Phila-Oamden— 4 Kb Sept 1 1967 opt'43— Easton (Water Works)— 2Kb 1941-1966 4Kb 1941-1960 113X » 0.75 » 0.90 to 2.00 b ..M&S F&A 1.00 to to 1.75 Erie School District—• 4Ka Jao I 1941-1946 1.50 Fayette County— 4Kb Highway 1952JI.J&D b 2.50 Harrisburg— 0.50 4s May 15 1941-1953.. 0.70 Jeanette 4Ks 1941-1956.M&S 0.25 2.00 Lackawanna Co 4s 1944 F&A 2.50 % 0.25 1Kb 1941-1960 M&N to I 1 b 0.90 4Ks Water 1911-1960-M&S % 2.10 % 6 0.25 % 1°10 % 6 to 1.90 Lancaster 4Kb 1 to 1.50 to 2.20 lass 1 to 1.25 Oou.ity— F&A 0.75 1945.. 0.60 lass 1 Twp 4s 1945.. 1.00 less X 1941-1960.-.: Lancaster S D 4s May Lower less Merlon to 1.75 McKeesport Sch Dist— 4Kb 1941-1943 M&N b 1.10 lesslK 1.60 % Mercer Co 5Hs '41-'47--F&A b 1.25 to 2.00 NorrLstown S D 4 X" 1943 J& f 1.10 Northampton Bor Munlc Auth 0.50 % 2Kb Wat rev 1941-70.-M&S b 0.75 to 3.00 % 1.75 % Philadelphia2.20' % 124 SB Jan 1951 J&J 1.25 124X 5s June 1 1962 opt '52.J&D 0.50 6 0.50 to Lakewood— 4K» Oct 1945 A&O 5s Pa-k & Imp *41 -'41.A&O 6 0.25 Lima 5K» Sewer 1940-1947.- 6 0.50 5s Sewer Feb 1 1941-'51 F&Alfr 0.50 Lucas Co 4s O H 1944—M&S Mahoning Val San Dist— 4Kb water 1941-1952..A&O 6 0.25 Martin's Fy 5s 194K44.M&8 5 0.50 Ohio municipal bonds issued since Jan. !• 1913> are taxable* ail bonds issued 1.00 1.20 % Del River Jt Comm % 1.00 % 6 0.25 4Kb 1943 F&A 4Kb Sewer Oct 1 1941-'47. 0.70 to 2.80 Easton-Phillipsburg W W 4Kb gen irapl941-43_.A&0 Elyria4K8 1911-1952—.M&S 5s W W 194M946—.J&J % % 0.50 1.50 Dist 4s 1940-1945-1950 1.00 East 86 to 2.00 „ Dayton— 5Ks W W Imp 1944..J&D 2~.60 4s Water 84 1965..J&J Bethlehem School 0.50 Imp 1945 F&A 4Kb Bdge 1941-1951.-M&S 4Kb 1941-1961 M&S Dayton School Dist— 5Ks 1941-—.--M&S 1.65 Braddock 4Kb 19il..^M&N Cambria Co 4Kb Nov n'4l-'45 b 1.50 2.75 A&O 4s 1941 0.50 t& 0.50 ttt 1.35 Altoona— Columbus School Dist—■ 1%10 . to to to - to 2.75 0.90 to 2.50 0.50 to 2.00 0.50 tb 2.30 4Kb Sewer 1940-1959..J&D b 1.00 to 1.50 .85 to 2.00 1.10 0.50 Allentown— to 1.90 to 1.25 b 0.75 to to to 2.00 J&J b 0.50 * 3 KB 1941-1949— 3 Kb 1941-1956 3 Kb 1944-1953 to b 0.25 to 1.60 F&A 6 0.75 Works 1954.-J&J 6 2.40 Refg 3 Kb 1957-1962- J&J 6 2.50 J&D to 1.90 0.50 J&J 6 0.75 b 0.75 J&D b 0.75 1941-1970 4Kb Grad Cros'41-'54. A&O b 0.75 '4Kb Fire Dep '41-'55--A&0 b 0.75 4Kb 1941.-1950 M&S b 0.75 48 Sewage 1911-1958..M&S b 0.75 b 0.25 to 0 to 1.50 0.50 .. Cleveland— 4Ks 1941-1953... 4Kb 1911-1955 s-a 2Ks 1941-1959 % % 1.25 % 1.25 % 6 0.50 5s to 2.25 5s Water 1941 to 1945.J&J b 0.50 4Kb 1941-1963. 4Kb 1941-1965 Refund'g 1 Kb July 15 '59 to 2.00 % July 15 1941-1945. J&J15 . M&S b 0.25 Durham County— 5s Water 1942 to to I Columbus— 6s 1941-1957 54 1941-1951—..—J&D b 0.50 Forsyth Co 4Kb *41-'58_J&D b 0.50 to to 2.75 53 4Kb to to 2.30 1K% Tax anticipa n notes— Series "E T" May 31 1941.. 6 0-30 less K July I 1951 Sories O..J&J b 1.50 less K 1.75 4KB 1941, 1944. 1949 J&J,& 0.25 to 1.25 1.50 Highway 4s April 1 1941-42 6 0.20 to 0.25 1.90 4s April 1 1945 ' 1.80 4s April 1 1917 I " 1.90 4s April 1 1950 I 4s April 1 1952 1.60 3 Kb Turnpike Revenue— 108 K 107K 1947-1968 F&A 2.80 Allegheny County— 2.40 4Kb 1941-1962. A&O b 1.15 to 2.35 2.25 4Kb July 1941-1958 J&J b 0.90 to 2.35 2.25 4s Bridge 1942 F&A 2.10 4s 1941-1958 M&S b 0.85 to 2.25 2.30 2Kb Dec 1 1940-1965..J&D b 0.90 to 2.20 2.00 2K Apr 1 1941-1967..A&O b 1.00 to 2.30 2.20 2Kb 1941-1968 J&D b 0.90 to 2.20 2.15 2Ks 1941-1961 F&A b 0.80 to 1.80 2.30 b 0.80 to 1.90 2Kb May 1 1941-1970 2.00 Cleveland Heights S D— 6s 1941-1959.... A&O b 0.75 53 K 0.50 to 1.25 to 2.40 PENNSYLVANIA to 1.55 2.85 % to 2.00 Durham— 4Kb 1941-1966 Cine Southern Ry— 1.50 to 2.00 to 2.00 4s 44 to Portland— , M&S 6 0.50 3 Kb Sept 1 1941-1962 |6 0.50 2Kb Sept 1 1911 to 1956.. ft 0.50 2Kb Sept 1 1941 to 1976.J&0.50 2s Sept 1 1911-1963...M&S b 0.50 1 Ks Wat. wks. '41-'79 M&S b 0.50 5s 5Kb 1941-1948 to - Port of Astoria— to 2.00 52 K 1 1976.___ to 0.75 to to 42 to 2.4( __J&J J&J A&O 48 1911-1956 2s to 0.40 -J&J Refunding 3Kb '46-'51—F&A'6 1.20 4Kb July 1943 4Kb Sewer 1955 5 Ks 0.60 4KB 1941-1960 M&N 4Kb Ref Water '41-'53.J&J & 4s Water 1941-1958 J&J b 3s Ref imp 1941-1947.J&D £ 2Kb Ref imp '41-'45..M&N & 4.40s 1956 Cincinnati— 5Kb Imp Feb 5s July 1 1965 % to 0.75 A&O to 1.0 J&D b 1.20 to'3.00 % Charlotte— 3 Kb 1941-1959 3s 1960-1977 Canton— 58 Sewer 1953 M&S 6s Water 1944-1959...A&O 5 1.25 Canton School Dist— 5s 1954 A&O 4Kb Dec 5 1941-1942..J&D b 0 50 to 2.3 b 0.75 to 1.25 to 1.25 Highway 1911 5s Harb Dev 1941-50.M&N 4Kb Dock 1943 M&N .00 5 1.00 5 0.50 b 0.75 J&J b 1.20 J&J b 0.50 J&J b 0.50 1 1976 to 2.9^ A&O to to 1.25 0.50 0.50 4Kb Bridge 1941-1944.J&D 6 0.50 4Ks 1949-1956... F&A 6 2.00 4s Bridge 1945-1955...J&D 6 1.50 Multnomah Co 3 D No. I— to 2.9 M&S M&S Buncombe County— l-4s gen ref July to 2.40 2Kb 1911-1951 2Kb 1911-1951 Asheville— l-4s gen ref July 5 1.00 5 1.00 5 1.00 3s 1941-1963 to 0.50 Highway 1941-1942..A&O Multnomah County— to 2.60 3.10 % J&J b 0.50 to 2.00 F&A ,3Ks May 15 1941-1945...... |4Kb H'way *41-'49 (s-a).A&O to 3.00 3.10;% to 2.00 to 2.10 1941-1947 Astoria Ref 1-5% 1967- 3.10'% to 1.90 0.50 0.50 F&A OREGON (See footnote *) to to 1.00 2.00 5Kb Wat & Pk '41-'49.F&A 2.50 to , J&J b 0.50 A&O & 0.50 to 1.90 2.25 2,00 2.50 b 0.75 J&J b 2.00 4Kb 1941-1962 4Kb 1941-1968 4b 1941-1968 5 3.00 5s W W 1941-1968 to 50 to 2.25 5s 2.50 2.50 Akron 5Ka 1941-1951 1.00 5s Water 1941-1953...A&O 5 0.75 % I 3.10s Oct 1 5 Kb July 1946 Forks— A&O A&O A&O 4s Water Works 1942.A&O Allen Co 5 Kb 1941-1950.A&O Ashland 5Ks 1941-1944.A&0 to 1.40 J&J b 0.20 J&J b 0.20 to 1.80 0.50 Highway 4Kb 1941-'46A&0 2.00 Sewage Dis 1941-65.M&N 5 3.00 4Kb 1941-1947 4Kb 1911-1952 4Kb 1941-1956... Water town— 3Xs 3Ks % 1941-1947...M&S 6 0.50 4Kb Water Works 1941 J&J S D 4Kb 1941-1953 J&J 6 0.50 Oklahoma County— 2.50 J&Jj5 to 2.00 4s June 1 « to 2.50 5s Water to 2.20 2.20 5 3.00 OHIO to 1.80 J&D b 4Kb San Sew *41-'82—'-J&J b 4Kb Parkway 1962-86.J&D b 4Kb Co Bldg 1941-44.-A&O b 4Kb '44. '45. '56 & '69 J&D b 4s Co Bldg 1941-59.—M&S b to 2.00 48 to 0.90 County— 5s 1941-1976 to 1.75 1.75 4s .10 4Kb1911-'50.F&A b 0.25 - 0.50 Muskogee— 4Kb Aviation 1941-53..J&J 6 0.50 Oklahoma City— 2.30 to 1.50 b 0.20 to 1.60 0.50 2Kb June 30, 1941-1948... to 1.50 Kb highway 1941-'53-F&A b 0.25 4MB 1941-1953 5s 1941-1945-. 1.50s 1941-1946 to 1.10 2s June 30, 1949-1954 to 1.10 b 0.20 b 0.20 Warren Co 5 b 0.25 2.30 to 2.60 A&O Okmulgee 5s Mar 15 1943... % to 1.30 to 2.40 to due June 30 1941 to 1948— 5s Farm L'n 1941-45&'50 J&J b 2.50 5 Kb 1945 & 1948 ser O—J&J 5 3.00 4Ks July 1951 & 1955...J&J 5 3.00 4s 0.25 0.25 Tulsa— to 2.60 0.25 0.25 0.25 0.25 to 2.10 to 1.60 to 2.35 NORTH DAKOTA to 2.75 Utica— to 2.10 Funding 1K% to2K% % 10524 to 2.10 0.25 6 0.25 4Kb 1941-1957 ^ to 0.25 0.25 , _ 3s revenue 1953-1975..F&A 3 Kb s f revenue 1980--F&A to 1.00 OKLAHOMA „„, Winston-Salem— % 3.00 % F&A b 0.25 Youngstown School Dist— 4Kb 1944-1947 M&S 6 1.10 5s 1911-1944 ..M&S x 68 K Wilmington— 5s Ref & Impt 1955 A&O 4Kb 1941-1962 A&O b 0.75 4Kb Pub Imp 1941-60-J&J.& 0.75 to 2.20 to 1.75 to 2.10 Zanesville S D 5s '41-43.A&0 6 0.50 —J&J - to 2.70 to M&N b 2.40 Salisbury 6s 1941 M&N Transylvania County— Refunding 1K% 1941-1942 2% 1943-47, 2K% '48-'52 3 % 1953-57 and 4% 1958- 1.75 to 1.40 0.25 4Kb 1911-1954 M&S15 4Kb 1941-1953 M&S 4Kb Nov 1 1941-1953 4s Park July 1 1942—J&J Toledo, School Dist— 4Kb 1941-1959.......A&O 4Kb 1941-1956 A&O Youngstown— 6s Bdge 1941-1941 A&O to 2.40 4Kb 1948-1959 0.25 6s Pub Wharf I960...M&S 5s Sewer 1949 M&S 2.35 M&N ,5 2.00 3Ks 1951-1956 3s 1955-1970— Randolph County— 4Kb 1941-1947 b 0.50 1941-1955—II—M&S 4s J&J 1946-1950 J&J M&S 4W^1"19^0 5s W W 1941-1944 to to 0.50 Toledo— 1.75 M&S b 1.75 to 1.25 to 1.70 A&O Springfield— 4KB 1941-1949 1.75 M&N Raleigh— 5s Impt June 1 1944.-J&D 4Kb 1941-1967 A&O b 1.00 4s 1941-1971 3s 2.20% % 4Kb 1943-1947 to 1.00 3Ks to 2.50 6s Ref Nov 1950 Pitt County— '41-45-A&O b 0.25 1941 1946 a 3.65 % to 2.00 ™ Syracuse— 4.20s Dec 15 '40-71 to 3.50 to Net Conservancy Dist— Newark 4Kb 1941 M&N 6 2.00 Ask Portsmouth City S D— Mecklenburg County— to 1.80 4s to 3.80 to 3.10 Lincoln County— 5s Bridge 1941-1951—F&A b 0.75 to 1.50 4§s 1941-1944 to 3.00 to 3.00 to 2.60 Bid 1941-1945 0.25 J&D 5Ke 1946-1949 1.25 J&D Montgomery County— 5s Flood Emerg '41-'42 J&D b 0.25 to 2.60 M&N b 3.50 M&N 101 '42.F&A A&O b 1.25 4Kb 1941-1950 2.25 b 0.20 2.20s June 1 1941-1962 J&D - Miami 5 KB M&N 6 2.00 4s 1942-1957 3Ks 1958-1969 3 Kb 1970-1975. Iredell Co 5s Aug 1 ^ 0.20 3K« 1941-1951 F&A b 0.25 2 Kb High & ref 1941-57 M&S b 0.25 5Ka 1941-1960 Bonds Greenville 5b W W 1958-F&A 1.40,' 1.75! % to 1.00 0.50 County— 1942-1958 J&J 5s Dec 15 1940-1948 Somers (T) 4K8'4i-'53-M&N Southampton— 5s 1941-1971 M&N b Suffolk County— 4Kb 1941-1957— A&O 6 4Ks Sullivan Co 4Mb Ask 4Kb 1941-1957 M&N b 0.75 High Point 4Kb 1941-48.J&J b 1.50 5s Wat Serv 1941-1968 J&D 6 1.50 To or Bid Bonds Guilford County— Schenectad ;henectady , Yield Basis or Net 6 0.25 b 0.25 b 0.25 A&O 6 M&S b M&S 6 F&A |6 M&S|£> 1941-1955 2KB Ask b 0.25 Scarsdale 4Xs 1941-45--J&D Schenectady— 4.30s 1941-1948 J&D 4.15s 1941-1960 A&O 4s Oct 15 1941-1944--A&0 of Issue Yield Basis or Bid Bonds BONDS possible for the closing day of the month preceding the date to 1.90'% 5s June 1 1982 opt to 1.00,% 4Kb May 1948 4KB Nov 1 1 048 prior to that date are tax-exempt. '52.J&D J&J 124X ..J&J 117K . b Basis, 117 /Flat price 118K 119K STATE Dec., 1940] AND MUNICIPAL 99 BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Yield Basis To or Net Ask Bonds Bid Ask 113 115 -J&-J J&J J&J 11014 112 120 122 H -J&J 1956.. J&J 103 54 112 "l04h b 1.25 4s Peb 16 1955 125 to 2.00 b 1.25 to 1.40 b 1.75 less 6 2.00 to 6 2.10 to 2.30 to 0.75 0.75 0.50 94 98 85 100 89 99 to 2.20 School District— 3s 1944-1964 F&A b 1.00 2 lis 1941-1963—--J&D b 0.50 Ti 3ms 1.20 to 1.70 to 1.50 2MB 1947-1948— to 1.70 3s Sept 1 1946— 3Ms Sept 1 1944..-—...— 3mb Sept 1 1945...—. 3 Ms 1948 J&D 3.90s Sept 1 1955-1958 to 2.00 2.60 to to 2.75 0.30 to 2.25 1.10 to Scran ton School District—• 2.50 3.00 to 2.75 4 ha Impt 4 lis 1.10 to 2.00 to 2.25 6 1.20 1.00 4Ms bridge 1944-1945 6 1.00 6s July 11943 6 1.85 .10 6s April 15 1946-1947 Carter County— 100 Ref 4 Ms April 1 1941-67— Chattanooga— Electric Power Revenue— 6 1.50 0.90 1.70 - 2MB 1941-1968 J&J 2mb July 1 1969 J&J 4 Ms School 1956 A&O 4mb Memorial Aud '52M&N 5s Hospital 1954 .M&S to 0.85 2.50 3.10 6 3.30 3.10 3.10 0.50 86 to 1.60 3.80 3.60 1.40 . RHODE ISLAND 1942-1971-— ---J&J 1.00 to 2.50 5% Co Memorial '41-'50J&J Dyer Co ref 3M-4Ms 1965 Fayette County— 4mb Road 1958 J&J Gibson County— 4Mb, 1940-1958 Hamilton County— 4M% Refunding 1957-A&O 5% Bridge 1944. '41-73-M&S15 1.00 to 2.60 Jackson— 1% Relief 1942-1943---M&S 0.35 to 0.50 1M% June 1 1941-1943—J&D 8% Public Wks 1951-50-M&S 4s Oharit Inst 1965 M&S 4s June 1 1977.. J&D 0.35 2.15 0.50 to 1.50 2.00 2.35 2.20 1.25 to Cranston— 2 Hs Nov 15 4s 1941-1960 4 Hs Mar 15 5s 1941-1942 1.00 A&O 1.00 to 1.10 0.75 to 2.00 0.75 to 1.85 4mb 1.75 1.50 1.75 0.50 2.50 2.75 2.50 2.75 2.50 0.50 1 to 2.60 2.75 to 2.35 0.90 J&D M&N2 J&D A&O 2.10 w&tor 4 ^8 4s Funding 1.90 b 2.35 b 2.35 2.10 „ 1941-1950.-I J&D 0.50 1.00 ...J&D f&A b 1.60 2 Hp 1941-1957 F&A b 0.50 2s May 1 1941-1958— b 0.50 1958 1958 4Mb 4M« 5s 1950... 1952-1962. A&O 2.10 to 1.60 Madison County— to 2.00 to 2.00 4M% Highway '41-'49 J&D Memphis 5s July 1954 J&J to 2.00 5s River Term *41-'48_A&0 to 2.20 4Ms Water 1949-.—J&J 4144funding 1941.....J&D b 1.00 6s Fund 1941-1961 M&N b 1.00 4Hs 1941-1907 -J&D b 1.00 414s Funding 1944 M&N b 1.50 to 1.25 4mb Park 1959 4Mb 1941-1955..4s 1941-1954 4148 1941-1907-..-—J&D b 4lis June 1941-1957—J&D & 6s Funded 1941-1959-A&O b 4s Funding 1947 A&O b 1.00 to 2.80 1.00 to 2.60 „ WPA School Loan— 4Mb Water 1941-1962—J&J J&J 3s 1946-1965 Woonsocket— b 1.00 to 2.75 1.00 to 1.75 to 2.80'% 3 Ms 1941-1944. 2.10s 1945-1954 Electric Plant— A&O J&D M&S % % 2.60 % 2.00 % 4s Instltu'l 1941-1959 J&J 6 0. 3Ha Refunding 1940-1955... 6 0, State Highway Certificates to 2.80 to 2.70 vo Indebtedness— J&D 6 0 .50 J&D 6 0 .75 J&J 6 0 .75 ...a&O F&A M&N 114s 1942-1951 .M&N Aiken Co 414s 1941-1945.F&A 114 s 1941-1950llisl942-1948 Co— 4 lis Highway 1941-43-F&A Charleston 4 lis Jan 1942-J&J 8 lis Wat Works '41- 78A&0 Colombia 5s Ref 1941..M&S 414s Water 1945 J&J Greenville 5a St 1942 J&J 8 He water ref 1941-76 M&N Greenville County— 414s 1941-1955 J&J 4ha Highw 1941-1945-F&A to 2.75 to 2.35 to 2.65 6 1 .75 6 0 .75 to 2.20 6 0 .90 to 1.80 6 0 .55 to 1.60 6 1 .00 to 2.10 to 2.60 3Ms 2.10s Anderson 6 1.00 i to 2.20 L50 6 Too to 2".25 1%00 2.25 1.70 6 1.00 to 3.15 6 1 to 2.20 Greater Greenville Sewer Dist M&N 414s 1907— 4 lis 1941 M&S Spartanburg— 414* Water 1941-1965-J&J 6 1.00 5s Nov 1 1943 Spartanburg County— 414s 1941-1947 M&S 6 1. Sumter County— 5s 1941-1952 York County— to 3.00 to 3.00 to 2.60 1942-1949 1950-1969 2.25 to 2.60 % to 2.80 % to 2.70 J&J 6 1 6 1 0.50 1.25 less less as of Jan. 4s Ref 1946-1965 Salt Lake City s d— 4s May 1 1949 to 2.60 6 2.00 1 f 1941. h to 2.40 % 6 0.50 to 2.50 6 0.50 to 2.25 6 1.70 1.50 6 2.25 to 2.65 6 1.00 to 2.25 6 0.20 to 2.00 6 0.20 to 2 .10 % 2.00 6 0.75 to 2.30 6 1.75 to 3.75 to 3.85 to 3.25 to 3.25 1.25 to 3.25 to 3.25 to 2.70 1.60 57.00 to 3.40 6 3.10 to 3.30 pages 19 and to 6 0.25 0.20 6 0.25 to 1.40 6 0.30 to 1.35 b 0.25 0.25 to 1.20 70 to 2.20 ro A&o b 1.25 6 0.50 to 1.85 J&D 3 ms 1940-1948-.— j&d 4Mb Oct 1 1941-1949—a&o to to 1.00 b 0.10 to 1.10 % % 4s Refunding 1942-1951 j&j 6 0.40 Burlington— 1.00 to 1.80 to 1.50 to % 2.20 % to .1.75 % 6 0.15 to 1.90 % hah 1940-55.j&D t, Rutland (School Debt)— 4s 1941-1948. F&a 6 0.15 to 2.50 6 0.50 to 0.75 4s 6 0.50 to 2.10 6 0.50 6 0.50 to 1.60 2mb Refunding 1947-60—j&j 1mb refunding 1941-'46—j&j Albemarle Co 5s 1948..—j&j 6 0.50 to 6 0.50 to 2.50 6 0.50 to 1.50 2.50,% to 2.00 6 0.50 % to 2.00 to 1.00 VIRGINIA (Commonwealth) 1902 1.75 less 1 1.50 less 1 0.75 less M 2.00 less 1 d 15 2.00 less 1 F&A 2.00 less 1 5Mb School 1941-1953.. J&j Charlottesville— 5s 1962 opt 1942 m&s 5s Water imp* 1958—j&j Danville— 2.50 less 1 0.75 less M 2.50 less 1 1 1941-1950--j&j 1.80 less 1.50 less 1 1 1 Alexandria— "3s 1941-1973—j15 & Arlington County— 5mb 1941-1954 % % 4.50 % 2.20 Bristol— 2.40 ™ 2.00 to 2.25 to 1.25 % Fairfax Co 4Mb 1945—F&a2 Henrico County— School 5s 1941-1950...j&j , 1.50 less 2.20 less 1 4a Pub Impt 1941-1959. J&j b 1.80 to 2.30 less 1 less 1 4ms June 1 1957 J&d Lynchburg— 6 1.00 to 3.60 to 3.25 3.20 Newport News— 4Ms 1941-1958 F&a 6 2.30 Norfolk— 3s 1953-1962 j&d 2.50 2.50 2.40 2.30 2.75 less less less less Portsmouth— 101M 6 1.00 Austin— 5s 1941-1942. 6 0.50 J&J J&J 6 0.50 J&J 6 0.50 J&J 6 2.60 5s Water Works 1954-M&S 5s 1941-1965 ..—A&O 6 1.25 4Mb 1941-1970 .—J&J 6 1.00 100 4s 1942 opt 1922—J&D 3 Ms 1941-1952 A&O 6 1.00 A&O 6 3.10 5M> Impt Apr 10 1956-1965 6 3.25 / Flat price. 1.40 1.55 0.25 6 0.10 6 2.75 Abilene 5s Feb 15 1959-1905— Amarillo4Ms *41-'58.M&S 15 • $ VERMONT' 1.90 6 0.75 4Mb 1941-1961 4 Ms 1941-1953 4 Ms 1954-1958 Beaumont— 92 2.10 6 0.50 TEXAS 6 Basis. to 2.60 6 1.25 —m&n 6 1.50 2Ms Refunding 1958--M&n 6 1.70 Salt Lake Co 4 Ms Apr 1 1942 b 0.40 1.80 to 1.50 6 0.50 J&D 6 1.10 J&D 6 5.00 h 1688 6 0.50 4mb 1940-19725% Water May 1952— 5% Port Terminal May '52 Petersburg 4Ms 1952...a&o 1 1.00 called 6 0.50 2.80 6 0.50 STATES—See 5ms April 1 1941 —j&j lms refunding 1940-1955 Ogden 4m% 1941-1945—f&A Salt Lake City— 5s Refunding 1941 j&j 4s Ref 1941-1945—a&o to 2.75 J&D 4s 1953-1977 Brazoria Co— —M&S J&J15 Bonds 3.00 J&D 6 0.75 6 1.50 Smith County— 5 Ms Fdg 1941-1958—J&J Tipton County— 4 Ms Road July 2 '41-'58J&J % 4lis Rural Credit 1942..J&J * 6 3.20 Robertson County— 4Mb Road 1948-F&A 6 2.40 Shelby County— 4s Courthouse 1957 A&O 6 2.60 5s Aud Mkt H'se 1949-M&S 6 2.20 4M% Jail 1941-1951—M&S 6 0.50 SOUTH DAKOTA 6s Sept 1941 5 Hs Jan 15 1943 3.75 % UTAH 2.90 2Ms 1946-1959 _ J&J 4Hs 1941-1950. 6 3.50 63.10 3 Ms 1942-1945 Polk Co 5s 1941-1940 % to 3.25 % 4Mb ref Apr 1 1953-1964 UNITED % % 1.00 to Wichita Falls— 3.40 3.50 8s sewer 1940-1958—J&D 6 1 00 2 lis sewer 1949-1958.J&D 62 40 Kershaw Co— 5s Highway 1941-1940.F&A 6 1.00 Marlon Co— 1 2.65 6 1.25 5s St Impt Dist No 2 1943.. 4mb 1941-1967 —j&j 6*0.50 4ms 1941-1968 ..f&a 6 0.50 3s July 1 1941-1951 j&j 6 0.75 Waco— 5s Water Works 1942 j&j 4Mb Water 1941-1968—J&J 3.50 3.60 3.25 Washington County— 5% Fdg Jan 1 1954 J&J 6 3.50 White County— 5H% Highway 1955—M&S 6 3.40 to 2.75 6 1 % to 2.60 to Wichita County— 2.50 % 6 3.70 6 3.80 J&D 6 0.50 J&D 6 1.00 Nashville— 6s 1941-1942—A&O 5s March 1941-1960—-M&S 5s Memorial Sq '41-50-M&S 4Mb Hospital *41-'56—J&J 4 Ms 1941-1968 M&N 4MB 1941-1967 J&J 4Mb 1941-1948— M&S Electric Power Revenue— $ i % 1.50 Brattleboro— Montgomery Co 5s Cumber land River Bdge 1953.F&A 4mB 1940-1953 3 lis 1941-1949 3s 1941-1952 2 lis 1945-1954 % Gas Plant— 1.25 % to SOUTH CAROLINA of 3.15 100 i Electric System Revenue— 6 0.50 3 Ms 1941-1954 J&J 63.10 3 Ms 1955-1958 J&J to 1.60 1944-19512lis 1951-1959 3s 3*25 % Refunding 4 Ms Jan 1 1958. t Refunding 5s Jan 1 t Refunding 6s Jan 1 General Obligation General Obligation General Obligation Funding 5Ms Sept 1.85 1.25 to 4% to4M% due 1969 7 Refunding 4mb Jan 1 1958. „ 3.40 to 3.25 to 3.25 4 Ms Apr 10 '41-'56.A&010 Knoxvllle— -J&J b 1.15 A&O " 2.00 4*Jan 1 1945.. 4iOct 1 1954 4s May 2 1957 4s Water 1902 4s Oct 1 1964.. to 2.40 2.00 M&N 4mb Sewer 1952 4lis School 1954. Providence— 4lis 1940-1959 6 2.00 6 0.75 to 6 0.75 —F&a 6 0.75 San Antonio— 5Ms w w 1941-1965.M&n 6 0.75 5e Sept 1941-1959 m&s 6 0.75 3.00 to 1.75 98 ^ . 4Kb 1950... J&J to 63.15 2.90 to 3.20 6*0.75* POrt Arthur— 6s 1941-1970 88 6 1.00 5Hs Impt 1940-1940—J&D Knox County— 6 2.75 4mb Bridge May 1 *61 M&n J&J J&D Pawtucket— Ref 1941-1948 Johnson City— Newport— 5H8 June 1 1941-1953. 4lis May 1941-1942..M&N AsMay 15 1948 M&N 3 ha g High sch 1954. J&D 2 lis Waterwks '41-71 M&S 4s to 2.60 6 3.00 3 Ms Nov 11941-1967-m&N Houston— 4Mb Sept 1941-1952—M&N 4ms 1941-1957 j&j 4ms Impt 1941-55(s-a)-j&j 4 Ms 1942-1947 2Ms 1941-1955 —j&j 1mb 1941-1955 J&j Houston s d 5s Feb 1952 \4ms 1940-1951 j&D Palestine 5s Sch Aug 1 1944, 1949, 1954,1959.1964 to 2.60 6 3.30 to 2 25 to 2.25 to 2.40 Harris co— „ Davidson County— 6 1.60 4Mb Highway 1947—J&J 6 1941-1943 j&j _5Ms Road 1941-'54.A&010 101M 6 2.70 6 3.30 to 2.75 to 3.25 Galveston— 5s Grade Raising 1944.a&0 5s School 1941-1954- —m&8 6 0.75 5s 1941-1950 A&O 6 0.75 Grimes County— 1.40 6 0.25 to 2.80 Ind Sch d 4s *41-'64__F&a _ 2.00 6 0.25 to 1.50 0.75 1941-1945—-J&J F&A 1.60 6 2.20 to 2.75 to 2.80 Refunding 1941 1.10 4s 1940-1955 Wllkes-Earre— Yorl ork 1.10 1.25 4 Ms 1941-1964 4s 1.25 0.90 4 Ms 1940-1967 to 1.80 1.30 1.40 — 2.15 to 1.50 J&D to 2.60 6 3.25 6 3.25 A&O 6 3.10 j&d 6 0.75 F&a 6 0.75 F&a 6 1.00 5s 1951 1.85 6 0.75 6 0.75 6 0.75 6 1.80 6 0.50 6 0.50 6 2.25 A&o 6 1.00 purch 1950 a&o Aug 1 1948...f&A 5s 1941-1959 4mb 1941-1971 1.60 1.65 1.35 1.80 1.35 4lis 1941-1950—. .---J&J 3% opt rev 1941-48--M&N 5s w w 5s Impt TENNESSEE 2s Dec 11956— 2 Ms Dec 11950 2.00 To Net el Paso— 4 Ms 1941-1960 Fort Worth— to 1.40 _ b —M&n 4ms 1941-1970 M&n 4 Ms 1941-1945 M&n 4s School 1941-1951 j&J 2ms 1941-1957 j&j 2Mb voted 1941-1958-f&A Dallas Co 4Ms Apr 10 1951- 101 year 1.00 to 2.20 ^ b % to Operating Revenue— 100 H lMs Apr & Oct 1941 Pittsburgh— r 0.50 4Mb 1941-1950 J&D 2ha Sch Dist 1941-62-A&0 ) 0.50 2Kb July 1 1941-1956--J&J ) 0.50 2 Ha Feb 1 1941-1958.F&A > 0.50 Public Works Relief— 4M% 1953 J&D b 2.20 Reading 5s Impt 1943-49-J&J Schuylkill County— 4 lis 1941-1955. -J&J Scranton 4Mb 1941 f&A 6a 1941-1950 f&A 2 lis 1941-1965 M&N Dallas— 5s 1941-1960. 98 Stanley Co 15 2.25 1 2.30 Ref 4Mb Sept 1 1954 opt.. Perkins Co refunding 3-4s—— to 1.00 0.75 -J&J J&D 4s 1940-1950..... Corson County— 4-4 Ha -1942-1958 Jackson Co— 105 0.75 1950-59--F&A thereafter 105 3Mb Jan 1 1941-45 2mb Jan 1 1946-1960—J&J Philadelphia School Dist— ■ 4Ms 1941-1943 J&J 4HB 1941-1959—_ .-M&N 4Mb Apr 15 1941-58. A&015 4s 1941-1942 "l04m Ask Reclamation District— 2 Ms 1942-1955 M&n 60.60% to99M Corpus Chrtsrl fia fd *67 F&a 6 4.00 3.75 2 ms 1947-1952 A&o 10 6 2.05 to 2 50 to 2.25 b 1.00 Refunding series AA— 4 Hs to Aug 1 1941, 3% 4s Jan 1 1946 104 Bid Brazos River Conservation & Due May 1 1943-'50—M&N Ref 4s Aug 1 '43-'49 F&A 3 Hs 1943 to 1946 F&A 3s Feb 1 1947 —F&A 3s Refdg 1950-1959—F&A 11514 or Bonds Net 4Ms Rural Credit- Philadelphia (Concluded)— 4Ms 1976 opt 1946 .... 4 Ms Dec 17 1978 J&J 4sJuly 1942 J&J 4s Nov 1 1966 4s July 26 1972 3 Ms July 1 1980 opt Yield Basis Yield Basis To or Bid Bonds 5 Ms 19514ms 1941-1954 103 to 3.30 % _ 5s Water 1948 ..f&a j&j 2.90 less 2.25 less. 1 j&d 2.25 less 1.90 2.00 less Richmond— 4mb 1958 j&j 4Mb July 1 1964j&j to 4Mb July 1 1941. .j&j to 4Mb July 1 1965 j&j 2 Ms 1941-1953. j&j 3.10 1Mb Jan 1 1941-1960—— to 3.40 Roanoke— to 3.40 2Mb Water 1941-1968.A&0 2 Ms Jan 1 1941-1958—j&j to3"l5 4m> 1940-1956 to 3.60 Staunton 5s 1941-1958..M&S Tazewell Co 5s 1941-46..J&j to 3.75 Washington County— 5s school 1941-1949—..J&j 6 to 0.75 % % 2.50 % 2.80 % to 3.00 1 1 less 0.25 2.00 less 1.60 less 1.25 less 1.80 1.60 less 1.70 2.00 less less 1.40 less 2.00 less 1 I Optional to Jan. 1. 1943 at 104; 1948 at 103; 1953 at 102 and 1958 at 100. STATE AND MUNICIPAL BONDS 100 Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Ask Bonds Net WASHINGTON 0.25 dark County— to 0.75 1.50 to 1.80 1.80 to 1.90 % | % ■ 2.50 M&N (Elec Rev)— Refunding 6s 1953 Cowlitz County M&N 2.00 to 3.55 % M&N 3.40 to 3.60 M&N 3.65 to 3.75 % 4Mb Gen oblig wat_ 1940-59 b 0.50 to 2.75 3Ms 1943-1956- 1956-1964 4s 4 Ms 1964-1970- Tacoma—Revenues— 4 Ms Water 41-'43 (s-a) J&J 4Mb EIL&P '42-'46(s-a)J&J 4Ms EIL&P '41-51 (s-a) A&O 4s Water 1944-1940 J&J % Everett— % Water revenue bonds— 0.75 2s 1941-1945 2Ms Water ref 1940-1912 King County— 4Ms Bridge 1941-49.M&N 4 Ms 1941-1950 M&N ierce County— 6 4MB 1940-1944.— - 0.75 to 1.25 0.60 to 2.40 0.60 to 0.60 to 1.40 0.50 to 2.50 0.50 to 2.50 4M«refwat 1941-1954--J&J Washington Toll Bdge Auth— Tacoma Narrows Toll Bdge 3s 1941-1952— M&S 3 Ms 1952-1960 M&S Lake Wash Toll Bridge— 3s 1941-1949 M&S 3 Ms 1949-1955 M&S to 2.00 % 2.45 % % Port of Seattle— 1941-1955 M&S 4Ms Jan 1941-1955 J&J Seattle— 6s 1941 L & P A&O 5MsL&P 1941-1943-M&N 5s Light & Pow 1942-56A&0 4M Lt & Pr 1941-'58—M &N Emergency Funding opt '44 4Ms 1941-1959 opt--M&S General obligations— 4Mb 1941-1955 A&O 4Mb 1941-1957——A&O Munlc Lt & Power Rev— 4 Ms 1949-68 opt '43-A&O 4s 1941-1953 M&N 3 Ms 1943-1953 A&O 3 Ms 1941-1954 A&O Seattle School Dist No 1— 4s 1946-1950 M&N b fy- 5s b Basis. b 0.50 to 2.30 b 0.50 to 2.35 b 0.50 to 0.70 J&D b 0.35 J&D 6 2.00 1941-1958— 1958-1972 2Mb to 2.05 to 2.25 Charleston Housing Authority 2% 1941-42, 2 M % 1943-45, 2.Ms 1946-54 J&D 6 0.40 to 2.30 Charleston S D— 5s 1941-1952 J&J Clarksburg 5s 1941-1953-A&0 Huntington 5s 1944 Oct Morgantown 5s 1941-1548. J& J Ohio Co (Board of Educat)— 2Mb 1942-1974 opt '46.J&J Wheeling— 5s Wat Wks 1941-1952.J&J 6 0.40 6 0.15 to 2.20 to 1.20 % to 2.10 to 1.25 % b 0.40 to 1.85 b 1.50 % to 1.80 % 6 0.50 to 2.00 6 0.35 to 1.75 6 0.50 to 2.45 6 0.40 to 2.00 2Ms 1941-74 opt '45-J&J 6 0.25 6 0.60 b 0.60 to 2.40 General improvement— % WISCONSIN to 105 b 1.00 Eau Claire 4Ms 1941-44.J&J 6 0.25 Green Bay— 4Mb 1941-1947 A&O 6 0.25 6 1.00 to 2.70 6 2.70 to 1.00 0s W W 1941-1960—M&N 6 0,50 6104 M to 105 to 2.25 to 3.00 to 1.30 1941-1951—J&D 6 0.75 to 4 Ms 2.70 6 0.25 to 1.40 6 0.25 —J&J 6 0.25 to 1.00 6 0.25 6 0.25 to 1.50 6 0.25 to 1.30 6 1.00 to 3.00 6 0.50 to 2.00 6 2.00 to J&D 1941-1949- Milwaukee— to 1.10 to 1.60 to 0.60 6 0.15 to 1.40 J&J J&J 2.70 3Ms 1943-1952 —J&J 3s Sept 1, 1941-1940 2.70 M&S 2Ms Sept 1. 1940-1900..M&S 3.15 2 Ms Nov 11941-1902...M&N 2 Ms May 1 1944-1962 3.2 % 6 1.25 to 1.50 4Mb Ct H'se '41-'50 M&N 15 4Ms Sew Mar 12 1941-19454Mscourth'se '40-49 J&D16 Racine 4 Ms 1957 M&N Racine County— 4 Ms 1941-1950 J&J Superior 4 Ms Sch '41-'44-J&J to 3.40 % % 4s July 1948-1952 3 Ms 1951 and 1952 2.00 to to 1.00 to 2.25 to 3.25 1.50 to 1.50 to 0.90 Milwaukee County— 6 0.20 to 3.40 0.50 J&J 6 0.20 6 1.00 to 1.75 % 1.40 0.50 4 Ms 1941-1945 4s 1941-1944 5s Highway 1941-1946.._J&J 4Mb 1945-1954 J&J 4Mb 1941-1943 —J&J 4s 1941-1950J&J 1.00 0.75 2s Road % to 2.00 % 6 0.60 6 0.15 to 1.45 6 1.05 to 1.65 6 0.20 6 0.65 to 1.00 to 1.60 to 1.05 Albany County— Ref 3 Ms 1942-1954 J&J 6 0.50 Casper ref 4Ms 1941-1964. J&J 6 0.50 Sheridan (Wat) 3 Ms 1941-'65 6 0.50 to 1.70 J&D l".60 0.65 to 0.20 M&S 3.50 WYOMING to 1.65 J&D 6 0.15 1941-1963 1Mb Road 1950-1951 lMs Road 1944-1964 lMs 1941-1964 3.25 % Surplus to 1.60 to 2.00 to 3.00 to 3.00 % Capital Surplus 31, Unearned Premium 1939 for the closing day of the month preceding the date of issue. Reserve Dec. Bid Per $ Agricultural (Watet'n) Allemannia Fire (Pgb) Amer Alliance (N Y). (Read'g.Pa) Amer Equitable (N Y) Amer Fid & Casualty. Amer Fire (Wash'ton) Home Fire(N Y) In ur (Newark) Amer Reins ur (N Y)_ Amer Reserve (N Y)_ Amer States (Ind'nap) Amer Surety (N Y)_. Automobile Ins Hartf) (Bit) Bankers Natl Life Bankers & Shipp (NY) Boston (Boston) Buffalo Ins Co (Buff) Calif-West States Life OamdenFlre (Camden) . 10 , 128M 132M 52 M 54 M 27 M 29 76 M 80 M 22 23 M 22 % 22 H 8 18M 10M *88 12 M 110 4M 13 ~~6M (Philadelphia) Jefferson Stand Life.. 14M 45M 15M 30 31 28* 39 50 M 41 York National Cas (Detroit) 7M 8M National Fire (Hartf) Nat'l Liberty (N Y)-_ 22 Merchants 25 Merchants . 500.000 1,057.804 5 10 400,000 532,498 116.036,236 1,573,861 2,165,995 a3,456 17,274 5 1.500,000 150.000 10 20 315 340 28 M "22 M (Baltimore) 8 10 10 5 5 (N Y) 10 (Jer City) Fidelity & Dep (Bait) 20 Fidelity-Phenix (NY) 2M Federal Ins Fire Assoc of Phlla 10 Fireman's 20 2,000,000 1,500.000 3.000,000 637,530 1.000,000 25 2,000,000 24 M 9 55 11M 65 13 23 25 27 29 34 M 1.421,828 121,700,845 2,642,443 127,864,308 6.822,050 66,076,028 373,178 2.500,000 228,044 834,962 12,866,770 9.130.299 51,504,983 10,214.569 397,403 16,356.502 8,029,384 8,828.675 6.000,000 1.007.254 1.187,443 35M 7,324,229 1,000,000 1,453,186 1,200,000 17,789,632 t887,835 6.933.791 5,000,000 815,000 1,500,000 250,000 755,095 4,000,000 2,400,000 3,750.000 2,000,000 300.000 7,500,000 5 9,397,690 5 Georgia Home Gibraltar Fire & Mar Glens Falls Insurance 10 10 (Glens Falls, N Y)_ 5 2.500,000 Globe & ^Republic Globe & Rutgers Fire. 5 5 15 15 37 9,784,360 19,678,872 3,000.000 1,000,000 500,000 1,000.000 39M 1M 56 897,459 3,252.880 58 7M 7M 50 M 300.163 400,197 2.824 060 6,352,355 15,451,216 9,527,819 254,365 12,757,108 13,967,492 7,272.844 2,164,733 991,253 1,326,705 38M 39 M 2M 120 W 67 9M 52 M 125 40 69 M 28 98 M 6,205.984 *103,115,640 1,224,424 2,148.977 201,290 100,222 350 37 210,000 1M 400V IS 1.000.000 2.544.798 2.326.675 4,424,256 1,484,447 11.539,889 1H 2H 2,000.000 4.058,267 5,331,877 62 M 65M 9,016.344 4,131,181 46 50 1,000,000 1.009,695 1,000,000 750,000 5,000,000 22.414,530 4,000,000 8,784,716 200,000 235,471 1.100,000 5.609,852 1.691,246 1,117,201 15,102,208 5,591.541 95,914 7.339,788 146 M 5,000,000 6,244,634 16 M 17M 1.000,000 2,121.228 1.580.311 34 M 36M 3.000,000 8,229,214 1,000.000 2.156.234 927,484 1,500,000 2,000,000 14,060,178 600.000 1,526,085 1.000.000 5,453,997 4.686,941 2.466.401 2.245,657 45M 14M 47 M 16 5 9 Occidental Ins (S F)__ Old Line Life (Milw). 10 (N Y)__. Pacific Indemnity Pan-Amer Life (N O). Peerless Casualty.. Phila Life (Phila) 25 2.000,000 1,000,000 1,000,000 1,000,000 10 1,500.000 10 Phila Nat Ins (Phila). Phoenix Ins (Hartf).. 10 1,000,000 630.000 700,000 1,000,000 6,000,000 101" ' 25 (Milwaukee) Preferred 39 6M 7M 26 29 62M 64 M 7M 14 151"" 4 6,070,084 2,121.895 25M 4.959.557 104 M 26M 16 109"" 5 10 1,000,000 5.352,343 8,150.000 25.681.304 2.000.000 : 1,757,193 4,000,000 ; 5,515,886 10 12,000,000 56,776,267 10 10 3.000.000 8,475,475 5 15,000.000 50,371,518 10 1,000.000 3,200.302 10 10 4.932.000 1,000,000 287.636 754.694 26X 119 38 M 13 M 9M 1M 14 M 87 2,950.945 2,199,510 13 3.000,0001 4,596.157 35M 1,530,000 1,000,000 6,414,876 4,998,898 1,928,266 2,ooo",666 3,184",552 2,738", 240 1,000,000 892.537 1,433,308 2.032,497 1,263,895 1,579,093 1,000,000 2,071,824 21,070.534 845.307 1,000,000 4,000,000 827.848 Providence Washing¬ 10 (Providence).. 2 ReinsuranceCorp( NY) Reliance ins (Phila).. 10 Reliance Life (Pgh) 100 100 10 Republic (Dallas) Revere (Paul) Fire 10 Rhode Island (Prov). 2M ton 42 24 27 24M 26 M 45 47 2,853,978 9 3,011,073 10 10 13 Security Ins (N Hav). Springf ield Fire & Mar (Springfield. Mass) 55 60 Standard Accident 10 12 Sun Life 29 1,255,309 5,256.395 33,867.780 10 125 1.000.000 40 4,041,236 13.146.880 10 5.460,234 5,415,507 957,537 2,411.725 735,709 *19,038,646 3.699,317 3,023,180 2.832.531 2,500,000 2,119,524 *35.421,052 281,435 493,974 207,183 *12.613,671 575,240 1,304.124 39.661.976 8.725,846 Accident Rochester 297,899 981,131 18M 175 26 M 26 M 2M American (Rochester) 10 St Paul F & M (St P). 62 M 10.000.000 Seaboard F & M (NY) 1,000.000 10 Seaboard SuretyJNY) 1.000,000 10 Ass'ncejCas) 9,609.365 756,344 971.581 4,078,182 10 2,000,000 25 5.000,000 14,919.181 12.376,770 2,675.687 6,375.650 10 Stuyvesant Fire (N Y) 1 5 (New York) 10M 32M • 10 5 100 12 M 13M Travelers Fire (Hartf) 100 U S Casualty conv pref 2 26 M 28 91 56 M 58 £ 34 25 244 36 35 118M 50 M 3 230 402 U 88 1,380,640 52.856 1,241.513 500,000 2,000.000 18,118.208 *69.574.151 6.233,177 14,016.221 2,000,000 27 M 8,097.451 48,121.615 2,634.445 32 M 41 1,188,742 lVs 18M 42 2% 20M 8 Fidelity & Guar¬ anty (Baltimore)... H 8 Hre (New York)U 8 Guarantee Co - Univer Ins (N J) West Coast Life (S F) Westchester 2 4 10 8 5 FirefNY) 2M Wisconsin Nat Lire 10 2,351.921 2,643.751 2,000.000 12,789,823 2,000,000 20.008,203 2.000,000 6.477.319 15,315,059 2.000,000 9 21M 49M 400.000 1,263.531 10.217.865 3.003.557 875.185 375.000 1.000.000 400.000 243.415 *24.100.281 6M 9,315,816 5.748,869 *7.779.760 34 M 574.790 No par value, f Consists of $312,000 $4 cum. 1st pref., $500,835 $5 2nd pref. and $75,000 $5 Junior pref. stock. legal reserve or life insurance reserves, a Statutory insurance reserve, e Includes capital, x Not an insurance company. 8M Fire 30M Hartford Steam Boiler » Hampshire . 9 Gr (Hartford) 10 New 3,529,077 141,796,596 383,858 118,022,948 8,180,687 1219464,625 1,000.000 1,000,000 36 M Fire N J)_. 10 (Manchester, N H) New York Fire 5 N'eastern (Hartford) 5 North River Ins (N Y) 2M North Star Reinsur 5 Northern In* Co(NY) 12 M 155 44 M Pacific Fire Excess Ins Home (New York) Home F & M (8 F) Home Fire Security.. Homestead Fire (Bait) Brunswick 29 M 145 42 N orth westernN ational Casualty 5 (Hammond, Ind)_. Continental Ins (N Y) 2M Eagle Fire (Newark). 2M E mployers Re-ins (KC) 10 Amer Indemnity (New York) Great Amer Ins (N Y) Halifax (Halifax, NS). Hanover Fire (N Y)_ Hartford Fire (Hartf) 2 Nat'l Union (Wash).. Continental 2d preferred 10 Nat Union Fire (Pitts) New Amsterdam Cas Continental Amer Life General Reinsurance. 10 103 18,657.475 900.000 el,681,064 4 633 New 1,979,097 pf 100 17M 22 M 72 1.215.138 2,500.000 com_^._ & Mfrs New 613 16 M 20 M 71M 34 M 1,000.000 Firh Assur (New York) 17 Columbian Nat'l Life (Wash'ton) Flremans Fund (S F). Fire mens Ins (Newark) Franklin Fire (Phila). Ask share 1,000,000 43 M 770.728 10 (Boston) 100 Commonwealth Life.. 10 Conn Gen Life (Hartf) 10 Excelsior Bid Per 10 12.000.000 65,269,141 21,620,936 10 2.000,000 3,000,000 *73,418,070 Jersey ins Co of N Y. 20 Kansas City Life (Kan¬ sas City, Mo) 100 5 Knickerbocker (N Y) Lincoln Fire (NY)... 5 Manufacturers Oas'ty 10 (Phila) 1 Maryland Casualty Mass Bonding & Ins HM (Boston)..-. (New Brnns 100 (Wilmington, Del). Oontinental Assurance Unearritd Premium Reserve 1939 $ share Carolina (Wilmington N. C.)__ Central States Life (St Louis) City of NewYork(NY) City Title Insurance Colonial Life (Jersey Capital Insur Co of Nor Amer 17,820,380 3,000,000 17,202,657 19.768,389 7,500,000 18,089,892 10 15,000,000 21.855.402 J582926.448 25 3.000.000 5,757,113 5,007,051 10 1,521,263 1,200,000 2.425.092 10 3,000,000 3,513.926 ' 1,909,764 5 563,730 1,591,302 563,730 5 1,000,000 4,932,801 2,920,034 5 213,183 985,989 157,500 100 75.451 390,363 200,000 10 1,145,116 1,000.000 1,086,606 12,464,818 2M 3,343,740 11,354,498 10 1,424,965 2,000,000 4,925.023 10 1,000,000 1,282,815 2,643,210 10 892,276 350,000 350,000 25 7,500,000 6,192,656 5,837,363 9,618.591 10 5,000,000 8,617,287 2,079,984 1,500.000 2,330.902 2M 10 250,000 673,500 * 5,143,342 25 1.000,000 2,170.527 3,576,034 100 3,000,000 14,650,936 4,615.817 100 1,000,000 2,339,491 2,459,378 5 875,000 770,000 147.612,851 5 2.000,000 4.121,087 5.807,891 10 (Hartford) Aetna Insur (Hartf).. Aetna Life (Hartford) Par Ask Aetna Casualty & Sur Baltimore Amer to 2.15 VIRGINIA WEST 1.00 Dec. 31, Amer to 2.00 b 1.00 2Ms 2.10 b 0.50 / Flat price. Par Ame Net Ask Madison— 5s Watrev Quotations are as near as possible Amer Oas Bid Charleston— b 2.30 Yakima— f To or Bonds Net Ask Walla Walla— 2.25 4s 1946-54 optional 1946— Bid Spokane— 4Mb Park 1962 J&J 4s & 4 Ms ref 1941-51.. J&J 3Ms Ref 1943-1954—J&J 4MB 1941-1954 M&S 5Ms 1941-1953 J&J 5s Imp Mar 1 1941-1942... Spokane Water Revenue— 4Ms-4Ms 1941 A&O to 1.70 1.70 4H% Gen ob"8 1941-43--J&J 4% Gen oblig 1948-1950 8 M% Gen oblig 1950-1951 8M% Gen oblig 1951-1952 To or To or Bonds Yield Basis Yield Basis Yield Basis 70 22 15M * Policy reserves, also called Quotations are SODOl aa near as 65 68 33 Pa) 1st extd 4-5s 1945-. If r Bonds. 71" 36 60 Allerton New York Ocrp— Gum income 2~6s July 1 1955.. / Allied Owners Corp— 9H 10 K > 1st income 4-5s 1958 JA» \f 101K Debenture 2-3s 1963 JA« / 89 K Ambassador Hotel (Los Ang)— Non-cum inc. 3-5s 1950—A At 34 Arcade Bldg A Rlty (Seattle)— 1st leasehold 3-6s 1948 J A. / f / 8 AAO Fourth A Market Rlty 6s '42.JAJ 5^s to 1940 / JAJ ....MAS 94 Graybar Bldg 101 2K-5s 1957 (with 40 65 / cum inc (w s) 5s Boston Metrop ~5K 4K / / f f f Income 7s 1950 whs MA Book Tower (Det) 2-5s *52.(w-i Boston Insurance Exch Bldg— 1st Lse _ 3 3X 46 m. 15 f - • - «. 33 4 . 15 29 Building— - 21 13K Apr.'f Boston Parcel Post 3s Oct 1945.. / Boston Postal Serv 514s *38-JAJ 6 32 / Broadway-Barclay Inc— 1st, 2s 1956 An Jun< / Bway Mot Bldg 4-6s 1948..F&A Bway-Spring Arcade Bldg— Non-cum 4-5s April 1 *57.JAE Bway a 38th St 7s 1945 JaJ Bway A 41st St Bldg 3 K-6s 1944. Bklyn Fox Oorp inc 3s Oct 11951 / Bryant Pk Bldg (NY) 6 K#'46JAJ 2-4)48 extended to 1955 JAJ Bush Term Bldg—See Industrial) 18 20 62 K 64 24 45 25 27" 10 12 1 » li" 65 16 / 19"" 45 ■ - - - - 46 Ghanln Building27 K 4)4 29 K 6 IK Ghesebrough Bldg 6s 1948. 91^ 92K 44 Oolonade 47 m / 60 JX 66 Construction— 19 18 65 (Chicago) lst leasehold inc 3-5#. 1955. longress Squ 5Ks 1946Court A 19)4 - 102 K 72 101 69 Remson Bldg Oorp 25 IK / De Paul Hospital 1st A ref 3-3K-3K-4s 1940-1947. J 28 3 Domin Square Oorp 4s '59... Dorset Hotel 1st partic 2s 1957.. Drake (PhLa) 6s w-s 1959Eastern Ambassador Hotel units 23 41K "• 6 Cum Inc deb ext 5Ks 41—' / 11 Park Place Oorp 4s 194f ~ 11 West 42d St (NY C)— 4Ks-5s (stamped) *53 MAN 24 26 13 4 24 Equitable Office Bldg 5s 1952 29 32 UK 1952 21 26 20 K 62 _ see 33"" 31 < 2iK 13 15 13 15 X _K 21 pagt 40 33 34 Retail 22 23 26 24 76 ° 30 7)4 57 2K 20 ■2H 22 28 32 86 IV* 29 1 88 31 IK 20 K IK 23 2)4 63 84 88 98 99 K 2 101K 82 101" 5 103 90 65 K 68 41)4 38 6 7 82 84 21K 23 RAfioa 74 13 K 4K 15 5K 60 — 3 18 21 62 86)4 5 77 —.Ann Oct / 654 17 17 37 58 Sixty-one Broadway Building— 1st s f 3)4-58 (w s) 1950—MAN Income 3-3 Ks stpd 1955.M&N Speed Building (Louisville, Ky). Income 6s 1945 MAN Stanley-Mark Strand 6Ks 1941 Stanley Real Est 5Kb '45 JAD State-Randolph Bldg (Chicago)— 5Ks 1942—....MAN Steuben Bldg (Chic) 6s 1943 MAS Stevens Hotel (Chicago)— Income 5s W-S 1956 Stone A Webster Bldg (Boston)— 5s 1947 ! MAS StrauBs-Manh&t conv 6s '33.JAD Taft Rlty (New Hav) 6s*40 AAO Income 3s whs 1951 Nov 10 East 40th Street Bldg 5s 19,53. Non-cum Inc 6s 1958 JAD 1088 Park Av Corp 2K-5s'63 MAS Textile Properties— 1st 4-5s (w s) 1958 MAN Textile Crafts Bldg 2d 3s 1944 Trade Facilities Bldg 5% ctfs Trinity Bldg 5K# 1939 .JAD Trinity Court Bldg 4s 1941 .MAS Stamped Park Ave Bldg 4-5s 1946.JAD H 40 99 _ - 2d fee 3s 1946 93 f / / --- 6)4 IK 54 / 25" 78' 5 32 23 21 65 24 70 , Ann 40 10 21 - 2480 Bway Bldg 2d mtge 3s 1944. 33" 4)4 S* Tyler Bldg 6s (w-s) July 1 1953.. U S Realty A Impt 6s 1944. -JAJi Van Swerlngen Co— 22 1st 6s 1935... FAA!/ 1st A coll s f 6s 1938..—AAO./ Van Swerlngen Corp 6s '35.MAN 7K 24)4 2)4 35K 37)4 Income 3-4s 1950 Ann Waldorf Astoria (Hotel)— 58 ys Non-cum Inc 5s 1954.....MAS / Wall A Beaver St Oorp— 49 19 K 21 49 k Last sale. 55 K 31 22 18 77 10 Wallbridge Operating Co (Buff)— 56 H 46 % 8 2 75 / / / Wabash-Monroe Bldg 6s 1953 JAJ 35 95'" 102 Dec'/ 23 Lexington Ave 2K-4s '50.FAA 29 4th Ave Corp 2Ks '63 (w~s) — 9K 28 K 17 K Varick St Sta P G (N Y) 6s 1941 46 Nominal. 3-6s (w-s) 1956- 69 25 JAJ 53 80 n 5s, 1943 Savoy-Plaza Corp— 48 40 / Flat price St Louis Post Office— 1st cum inc 2-5)4% June 1957San Fran Paramount Corp— 50K ( ) f 5s 1962 An Mar / 45 77 s 2-6s July 1 1956 Roxy Theatre 1st 4s 1957—MAS Russ Bldg. (San Fran.)6s'51 FAA St Charles Hotel (Atl Cy) 6)4s *45 / . . 108)4 32 m _ 29th St Towers Bldg 3s 1942-2124-34 Bway Bldg 5)48—-1943 31 108 AAO 1st 61 88)4 Deb 5s series A 1959 MAS Income deb 6s ser B 1959.AAO / - York Title A Mtge— a 15 X 58)4 34 1 31 .... )4 84 4 26 / 4 / 66 Mercantile Properties, Inc— Sec s f 5Hs 1946 JAJ Merchants Nat Prop 4-6s '58. JAD 37 6s with stock 1959 / Sherneth Oorp 3-5 Ks (w-s) .1956/ 60 Park Place Bldg 4s-5s .1947 26 Mtge cum Inc 3-6 K« 1957MAN Manhattan Towers 6s 1948.MAS f Marcy (The) 6« 1940 FAA Mark Hopkins Inc— 27 35 70 Lord Nelson Hotel s f 4s '47.MAN Lords Court Bldg 5K* 1942.JAD Macrid Realty 3s Madison Inc (N Y O)— 49 % Schuyler-Hudson 4s 1947 SeviUa-Bilt Hotel 7 Kb '37 ctfs Shelburn Inc (Atlantic City)— 73 Bldg 6s. 1941..MAN Lombardy (The) 6s 1942...MAN London Terrace Apts 3-4s'52 JAD Lord Bait Hotel g m 6K® '45 * 22)4 Properties— Schulte Real Estate 6s 1935— With stock JAD / Without com stock.: JAD f 6s debenture 1951 .On Sept / 43 Office 65 37 Rltbenhouse Plaza 2 )4s Jan 11958 Robert Treat Hotel (Newark)— „ Olympic Inc (The) Seattle— 1st 6s 1943 MAN 8K 24 111 37 Income 5s Oct 1 1943 JAJ Repub Bidg(Denv) 3-5s'49.JAD 14 X 28 3 56 Realty Assoc Sec Oorp— 72 1st cum income 5K» 1945. (w-s) North Station Indus Bldg (Boet) 37 5K 34 68 K L/ / 1st extended Inc 5s 1950—JAD 30 39 N Y Towers 2-4"(w4j 1960"-MAS / f 1900 Kittenhonse Sq ' Phlla)— 32 34 ... income 6>4# w s 1963 ....FAA series B-I__ series B-K series C2 series OW-1 series FI / Voting tr ctfs for common..... Poll-New England Theatre— 1st sf 5s 1958 MAN Gen income 5sNov 15 '83.JAD / Prudence Securities Corp— Income 5)4s ser A 1961—MAN 5)4s 4th series Quincy Station P O (Chicago)— 5 Ks ex stock 1963 Lincoln Mtge Co (Newark)— Oum Inc (w-s) 5s 1948 AAO Loews Midland Theatre 5K's 5)48 5)4# 5Ks 5)48 / 1 ... Lewis Morris Apts 1st 4-5s 1951Lmcoln Bldg Corp— New May 1962 inc deb 5s May 1967 65 47 1st mtge 2-5a 1955 ..JAD f N Y Majestic Corp 4s (w-s) 1956 N Y Postal Service Station— 5 Ha 1937 ....FAA 51 Ferry Station P O (San Fran) Ext income 3s 1952 JAD Film Oenter Bldg 4s 1949 .AAO 5th Ave A 28th St Bldg 6 K# 1945. f 5th Ave A 29th St Bldg 6s 1948 f 6th Ave A 55th St Bldg 4s *55 6s Jan 1 1948 MAS Lefcourt Manhattan Building— 1st fee 5s 1948 _JAD Lefcourt State Bldg— Extend 1st 4-6 Ks 1948....... Lenox Hotel Inc 5s 1950 FAA 1st fee A l'hoid 4-5s 1949.A&0 Neisner Bros Realty, Inc— Conv 8 f deb 6s 1948. ..JAD 15 New Weston Annex 3-4s w-s 1945. N Y Athletic Club— 34 Exchange Building (Seattle)lsts r3-5s July! 1955—! 74" 50 99 cum inc 5s cum 60 Ad) mtge inc Apr 15 4K8/4950- f National Tower Bldg— 16K 1 Called for redemption, 1IH 1st mtge 2-5)48 1950—- AJ f Nat Motel of Cuba 6s 1959-(w-s) f Nat Press Bldg 3-5s 1950 - - - JAJ 22 61 a 15" Mtge Conv 40 32 MANi/ 2d non-cum inc 4s 1959-MANi/ Plerrepont Hotel 3-4s 1951..JAJi 76* 96 55 80 Broad St Inc 4s Nov 1 1956... 80 John St extd 4-5s 1950 AAO f 870 7th Ave 4Ks Jan 1 1957 Eppley Hotels 1st sf 3-5s 1951 JAJ 61 East 42d St 3s 1956..-An Mar / 51 Fifth Ave 4s 1943 -AAO 52d A Madison Office Bldg— 1st Leasehold 3s Jan 1 1952 500 Fifth Avenue— 6Kst samped 4s 1949—.. / 1500 Walnut Oorp (Phila)— 1st 6s 1950 / 44)4 75K 23 K 13 72 Oorp 5s 1947....FAA Jagels A Bellis Realty 6s '48.MAS Keith Memorial Bldg 6s 1943 Kramon Devel Co 1st fee A leasehold 3Ks-4s 1952...MAN lAke Sh Ath Club (Chic> 6Ms *45 LaSalle Wacker Corp 5s fixed 1957 Non-cum inc 5s 1962 / Units / Lawrence Hotel (Erie, Pa.)— Metropolitan Playhouses— Debenture mt e 5s 1945.-FA A 2 51 15 Park Row 4s w-s 1952.... JAJ f 50 B'way Bldg 3-6# 1946—MAS / 39 14)4 35 19 27 5 40 Mecca Temple 5s 1942 40 Edgewater Beach Apts— Oq Tr inc 6s w-s *50 Ann Oc. Edgewater Beach Hotel (Chicago) Deb.5s Legended Pennsylvania Bldg 6s 1939 1st s f Inc 3K-6s May 1 1948/ Hollywood Knickerbocker (L A) 1st 6s 1951—.— FAA Hotel Drake Oorp inc 3-5s '53FAA / Hotel Gibson Corp (Cine)— 3-4s Apr 1947.. Hotel Lexington units 4s '55-MAS Hotel Sherman, Inc— 1st 5s 1957 (w s) Apr / Hotel St George 4s 1950 AAO Hotel Syracuse Inc3-6sl955-M AS A 70 17 16 24 Harrltnao Bldg 6s 1961 MAN / Hartford Times deb 4 )as *51 MAN a 103 Hearst-Brisbane Properties— 1st fee A l'hoid 6s 1938-41 JAD 27)4 1st fee A l'hoid 6s 1942.... JAD 20 Herald Square Building— 1st Income 4-6s Feb 1 1952. MarshaU-Wells Bldgs 6Ks*47 FAA Mayflower Hotel(D O) 6s 1950- 100 45 Detroit Leland Hotel 5s Oct -Feb/ 20)4 26 32 K Hotel Taft 23 22 35)4 19 K Oleve Term Bldg 1st 6s 1941 Cleveland Theatre gen 5s 194 Greeley Sq Bldg 6s 1951 Income 5s June 1 1942....JAD 110 So Penn Ave (Atl City)— 6s 1944 (w-s).. —JAD 117-14 Union Turnpike (Kew Pitts Hotels Corp 1st 5Ks '48MAS Fas« Of rices Inc;— JAP 1st m leaseh 5s 1946 .... 103 East 57th St Bldg 6s '41 MAN / 103rd A West End Ave— 84 42 stock)..JAD 54 f 6s'51..MAN Pantages 'Alex) 6s to 1947.MAN Paramount Bway Corp.— 1st M s f 3s loan ctfs 1955 FAA Park Crescent 6s (w-s) 1955 / Park Lexington Co Inc— 1st M leasehold sf3-4s 1964. JAJ Park Place Dodge Corp 5s 1952.. / 6 93 38 s 34 43" 20 JAD / Diego)— One Park Ave 2d Gardens, N Y) 5s 1953— -FAA / 165 Broadway Bldg— Sec sfctfh 4)4s(ws) 1958 General s f 2a 3s Aug 1958 FAA / Ore Paramount Oorp 4s '57. MAS Orpheum Th A Rlty 6s '46—MAS Palace Hotel (San Fr) 5s '45.FAA / 95 92 99 Bellevue-Stratford (Phila)- 36 31 36 95 11)4 5% .JAJ Governor Clinton Co Inc (N Y O) 1st mtge 2-4s 1952 MAS Granada Apt Bldg 6s 1938. .MAS / Grant Bldg (Pittsb)— -- 14 Raker Hotel (Dallas)— 1st s f 5s 1950 (with stk) .1 Bait Parcel Post 5K« 1949-.. Barker Bros Bldg (LA) 6s'47 J Bauman (Ludwig)— JX 16" 14 33 23 38 1410 B'way Bldg 3 Ks 1941 Gildred Bldg Co (San 1st sf 6s 1943 50 K 71K 1 10 K 25 Garrett Buildings (Chicago)— 26 6 14 Bid Bonda. Ask 12 K 100 48 St Real'n Oorp 1-48—Mar 1952 1400 B-way Bldg 4-5s 1948.JAJ 1st 2 K-4s (w-s) 1949 6s 1944 24 / 1st leasehold 6 Ks to 1941. MAS Fuller Bldg (G A F Realty Oorp) 35 34 / Bid 1528 Walnut Oorp 6s (w-s) 1951. Forest Lawn 1st M 5s *64 FAA 40 Exch Place 5 Ks 1956 MAS 40 Wall St Bldg 1st 6s 1958-MAN 42 Broadway Bldg 6s 1939...JAJ Fox Det Theatre 6s 1942 AAO Fox New Academy of Music— Arcady-Wilshire Go (Loe Ang)— Assoc Ohain Store Realty— possible for the closing day of the month preceding the date of Issue. Ask Bid 101 ESTATE BONDS REAL Feb 100 X 11 4K 1st 4Kb Nov 1 1951. JAJ Warner Bros Hollywood Thea— 1st 6Ks 1941 MAN Washington Properties Inc 7s 1952 Westchester Bond A Mtge 5Ks— Westinghouse Bldg 4s 1948-AAQ 32 Woodbridge Bldg 5Xs '41..AAO 17 18 90 58 K 15 34" Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, and are possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) denotes as near as sales. are from the Comptroller's last call; for all other insti¬ being procured by us where no periodic statements are required. For taken from the latest weekly statement. Figures of deposits, capital and profits for the National banks tutions they are the latest obtainable, direct returns the Clearing House banks of New York, deposits are National Banks State Institutions ALABAMA June 29 Capital National Banks June 29 June 29 CALIFORNIA Qross Surplus & Profits Bid Par Deposits Ask Institutions June 29 Gross Surplus A Profits Capital State Par Deposits Nom inal. $ Birmingham— Per -- 113,000 100,000 Bank for Save. & Trts. a Birm'ham Tr & Sav 2,061,000 500 000 11,232.893 Common...... al .688.000 Preferred. 81,700 Industrial Sav Bank. d 125.000 e First National Bk— Common...... 4.600,000 12,281,083 Preferred.... 3,700,000 34,282,321 - 1.194,217 71,091,051 share. 50 Nom Sacramento- Capital Nat Bank Citizens Bk of Sacra. |8a° First Nat Bank Merchants Nat Bk.. 3,648,441 28,654,695 26,071,138 289.892 375,000 1.000,000 01,849,370 1,000.000 01,773.249 50,000 245,250 145,000 Merchants Nat Bank Sumitomo Bk of Cal. 2 VA 25 J25 125 San Bernardino— American Nat Bank. d uan San Diego Tr & S Common 25 25 20 61^ 100 N 0 1,921,991 6,299,161 1,403,049 100 100 re cent •a les 100 " 140,994 4,328,047 50 936,435 26,018,355 010 777,671 13,869,464 25 277,902 70.076 9,465,906 3,679,249 100 100 18 x B 250,000 L 485.000 600,000 270.000 Security Tr & Sav Bk 35 25 00 "95"" 125 105 150 San Francisco- Alabama Nat BankFirst Nat Bank Union Bk & Tr Co.. 300,000 1,000,000 100,000 317,791 856,195 92,629 4,916,370 18,666,577 3.082,624 400.000 120,000 200,000 342.500 232,135 76,828 218,768 118,627 2,690,656 1,817,796 15H 16 16 7H 20 22 100 25 100 100 98 102 10 10 15^ Selma— City National Bank People's Bk & Tr Co d Selma National Bank Selma Tr & Sav Bank d National Banks June 29 1,629,740 1,530,550 State Institutions June 29 ARIZONA Blsbee— Miners A Merch Bk. Phoenix— First Nat Bk of Ariz. Phoenix Sav Bk & Tr VaUev Nat Bank— 250,000 Common., Preferred Tucson— Bon Arizona Bk A Tr 600,000 550,000 247,500 .. 3,660,375 196,997 883,659 215,724 j1,479,976 100 17,921,626 t 20 4,561,573 t 25 250.000 530,367 41,212,836 • , cent sa 16* 0 re !5 National Bank... dl6,120,000 Bank of Calif, N A.. 6,800,000 Bank of Amer Nat Tr 8,529,144 193,830,082 7.975.347 135,314,398 A Save Assoc 62,000,000 o80089120 Bank of America rl ,500,000 /2,217,422 Bank of Canton 138,877 500,000 Bank of Montreal... 295,772 1,000.000 Canadian Bk of Com 500,123 1,300.000 1503974050 National Banks ARKANSAS June 29 7^ 80 *1Q5H 12!S 18,854,965 3,405,564 100 100 5,289,094 100 17,720.922 8,270.863 159,876,459 100 9,224,040 170,475,895 1000 100 9,572,680 362,755 les Union Trust Co Yokohama Specie Bk American Tr Co— 9,000,000 1,360,000 Common Preferred San Jose— First National Bank. Santa Ana— 7,500,000 109,762,306 309,091,225 7,500,000 ..... 8,808,379 290,545,252 411,509 8,096,004 600,000 11,152,036 890,152 Commercial Nat Bk. d 134.000 First National Bk— Common..... 566.000 Preferred. 434.000 Stockton— First National Bank. 200,000 Stockton SAL Bank 1.000.000 Union Safe Dep Bk. 375,000 39* 36^ 212 216 174 171 320 10.000 11000 83 78 276 100 100 290 295 32 35 50 54 p 20 {? 100 151,504 1.690,922 12H 220.391 9,348,792 (100 1100 ... 10,308,609 20 Wells Fargo Bank A N 1,196,600 Anglo California Crocker First Nat Bk 6,000 000 The San Fran Bank. 6,000,000 Pacific Nat Bank d1,000.000 Nom inal. Per share. N o 100 re 100 sa cent les 550,491 836,960 166,520 5,076,684 11,972,024 2,782.279 100 148,164 1,794,747 20 State Institutions June 29 Nom inal. Per share. Fort Smith- City National Bank. 275.000 500,000 500,000 Little Rock— Commercial Nat'l Bk Peoples Nat'l Bank.. Twin City Bank 112,224 657,266 599,930 2,386,002 8,480,954 10,250,473 100 100 25 300,000 200,000 First National Bank. Merchants Nat Bank 665,047 11,533,482 4,605,487 1,287,881 20 25 J 445,464 15,075,109 120 120 494,829 19,248,888 50 100,000 Union Nat Bank— Common 300,000 185,500 663,000 Preferred. W B Worthen Co 152.057 45,647 N Nom inal. o re cent 25 sa les Colorado Spgs.— Per Colorado Sav 'tank 50.000 Colorado Spgs Nat B Common 100,000 1 65,000 First National Bank, 140,667 2,735,016 (100 300.000 300.000 Preferred class A__ Exchange Nat Bank 369,379 410,251 6,127,817 9,647,587 100 500.000 350.000 759.585 75,220 9,335,090 5,458,088 100.000 400,000 8immons Nat Bank 113,306 1,028,126 2,451,625 12,739,291 100 100 American Nat Bk Central Sav Bk A Tr d "400" 50 100 Common National Banks June 29 CALIFORNIA State Institutions Nom inal. Per 1.000.000 Western Tr & Sav Bk d 223,000 Los Angeles- 852,770 241,363 18,806,821 3,376,114 N 100 50 share. o re cent 300.000 50 OOo Union National Bk . 7 S National Bank International Tr Co Pueblo— First National Bank d 100.000 550.00 500.00 Minnequa Banu- sa les California Bank— 5.000,000 800,000 Citizens Nat Trust & Savings Bank Farmers & Mer Nat Secur-First Nat Bk— J3,892.145 121,202,885 (25 21 22 140 500.001' 30,000 Ptieblo Sav A Tr Co Common 20 100 23X U00 2,379,^59 * 194,000 25 c Savings deposits. d 100 e May 19 /June 30, g Revision San Diego First Natioual Co Common Preferred Pasadena-Pirst N Bk d Union Nat Bank 300,000 682,729 550,000 11,172,273 450,000 150.000 72,347 300,000 307,441 48 a "93" "94^ Outstanding preferred stock consists of $1,014,000 1st pref. of $20 par pref. stock. value and retirable at $50 a share, and $700,000 of 2nd 5 March 4,122.214 46,635,244 12.713,083 6,024,481 14,905.333 26, 50 100 /25 125 2,700,996 4,028.064 20 100 100 of San Francisco. Calif. Oakland— Bank of Commerce. Central Bank Farmers & Mer Sav. Pasadena— Citizens Coml Tr & S First Tr & Sav Bk— 95,139 2,785,323 309,479 100 Sale price. t Controlled by the Transamerica Corp 125 336.850 2,000,000 300.000 o les 4,965,145 (100 \ 100 94,281 24,000,000 132530463 599,443,448 8,000,000 Union Bank A Trust. 2.500.000 2,945,791 40,327.588 . 21,554,245 2,206,724 1,716,417 165,689 N re cent sa 24tf 390 47J£ 100 1,933,028 50 35,117,599 100 63,758,190 1,555,713 983,756 "loo 100 27,682,953 100 20,130,831 141,116 2,068,295 4,079,357 46.913 57,957 2,446,034 100,000 1 Preferred 5,000,000 05,442,972 128,413,480 3,000,000 5,579,775 142,582,990 Common Preferred ... 100 39,665,787 (100 1.000,000 11,882,122 Bank Denver Nat Bank... 1,260,000 First National Bank 1.500.000 National City Bank. d 100.000 June 29 Long BeachFarm A Merch Bank Preferred........ 1100 Colorado Nat Bank Preferred Colorado State Common share. oenver— Pine BluffNat Bk of Commerce d . 100 175,000 United States Nat Bk d Montgomery- share. 1,937,469 35,137.466 203,248 1,848,621 185,717 132,794 49,061 dl.750,000 _ Preferred 60 Per Ask inal! Diego— First Nat T A S Bk. Mobile— Amer Nat Bk & Tr Co $ 125.000 956.250 Bank of Alex Brown. 100 Bid 1940. 1938. Common and preferred stock outstanding. 1939. the First National Trust A Savings Ban 131 < i Dec. 30.1939. * Oct. I Last n Par value 100 , controls 97% of the stock of Calif of San Diego, New stock. v o sale price. Sept. 30, 1940. 2, 1939. ven. r Bank of America at San Francisco, Calif., now consolidated with the Bank of America National Trust & Savings Association of that city. Dec., 1940] BANKS ANl) TRUST National Banks NatJZ^ank' CONNECTICUT am'JZa^°n' Surplus & Deposits Bid Par J State" Insiitutions FLORIDA June 29 Gross ProHts Capital 103 COMPANIES Capital Ask June 29 Gross Surplus dc Profits Deposits Par Ask Bid Nomi nal. Nomi rial, Per share. BridgeportWrit Nat Bk ft Tr Co Common $ 500,000 1,440,000 120,000 2.200,000 Preferred Black Bock Bk ft Tr. Brldgep't City Tr Co Nerth End Bk ft Tr Common 1st preferred $ 396.410 160,337 1,436,537 4% 26,122.007 & „ >Vi l7& k'W 2,190,264 28,346,586 45 v 30 28 25 Miami— $ 200,000 1,200.000 100,000 Amer Bk & Tr Oo First National Bank. 25,000 122,500 25,000 300,000 165,000 96,000 Beach First National Bank. Hartford Nat Bk ft t Industrial Bank Pnoenix 8t Bk ft Tr. East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co Riverside Trust co.. Sims bury Bk & Tr Co So End Bk & Tr Co- 250.000 125,000 Common........ 175,440 110,687 Travelers Bk ft Tr Co West Hartford Tr Co 50.000 50,000 500,000 < 200,000 windsor trust Co 100.000 | Preferred 963,383 278,569 138,236 Meriden— Borne National Bank Meriden Nat Bank.. Meriden Tr ft 8 d Oo Puritan Bk & Tr Co. —liew Haven— Amer Bank ft Tr oo. 110 125 20,180,366 100 135 160 r 20 35 40 i 20 100 413,619 6,310,194 30 Florida Bank Palm Beach First National Bank. 100.000 323,165 6,080,347 200,000 1,181,022 28 31 13,512,820 30 500 120 Pensacoia — American Nat Bank. 400.000 Oitft People's Nat Bk 200,000 488,701 151,606 5,896,042 3,933.745 41,061 60,666 1,639,318 2,500,676 100 397,989 9,063,001 25 45,036 1,105,344 19,225,341 20,813,244 2,046,546 100 609,503 1,184,981 204,121 76,761 2,181,598 100 321,473 8.129,711 100 70 50 10 25 100 240,203 53,775,180 2.286,008 59,794,910 3,974,570 3,666,735 2,141,351 132,000 [ 3l" 29% 60 300' 280 68.000 St. AugustineExchange Bk St Aug St Augustine Nat Bk h St, PetersburgFirst National 25 25 20 25 45 Florida Nat Hank 25 1,187,193 / 25 23 75.000 200,000 Union Trust Co 25 13 43 72" 69 100 100 25 blOO v In ioo 185 Petersburg 200,000 o Q <111 >|iHI 300,000 100,000 1.250,000 First National Bank. al,000.000 First Sav ft Tr co. 500,000 West Palm Beach Fla Bank ft Trust Co 100.000 _ _ 54 100 St Tampa— Broadway Nat Bank Exchange Nat Bans. 1100 11,551,543 4.257,333 1,803,507 44 100 100 Common 100 1,787,238 88,264,410 160 100 100 25 3.999.233 8,109,191 17,611,532 69.081 100 25 25 1100 300,000 240,937 150,000 <1,244,284 1.150,000 1,047,518 100.000 174,640 4.000.000 4,504,198 100.000 203,772 1.600,000 <2.221,555 100,000 < 169,324 4.000,000 <4,501,615 100,000 226,025 13,795,189 3,128,694 None Orlando— First National Bank 2,159,623 / Hartford— Capitol Nat Bk ft Tr Conn River Bkg Oo. First National Bank. Gla8 ton bury Bk ft Tr 130 45 100 100 2,052,406 266,474 130 100 100 25 Miami Preferred Common Preferred 875,855 400.000 1 share. 100 40 25 45,926 3,693,470 37,257,023 100,000 First Trust Co Florida Nat Bk ft Tr Little River Bk ft Tr . 2nd preferred Weit Side Bank— Per 164,609 989,069 97,410 437,210 125.670 • 100 100 100 West Palm Beach At¬ 500, uot 150.000 100.000 147.000 383,783 58,773 1.478.572 205,000 248,483 2,867,264 112,750 45,915 2.054.000 <1,174,797 800.000 1,110,347 750.00" 965,087 1.252,517 32,085,150 10,708,038 13,970.393 i a a 6,375,774 1,721.426 76,451 108,869 lantic Nat Rank. d 200.000 — None National Banks June 29 State GEORGIA Institutions June 29 Community Bank & Trust Co.. i First Nat Bk ft Tr Co New Haven Bk nba Second Nat Bank Trademen's Nat Bk Common 170,000 170,000 1,458.700 <1,257,077 3,380,361 1100 j 103,701 Preferred Dn ft n kavon Tr Co Hew London— Nomi nal. Atlanta— 20,105,206 4,834,006 342.832 93,300 50 300.000 189,786 2.563.248 1.991,037 212.500 41,587 943.577 109 100 [ Winthrop Trust Co i .. NorwichThames Bk ft Tr Uncas-Mercb Nat Bk Preferred o sa les Mtiz ft So Nat Bank Nat Exchange Bank 25 19 100 3,462,037 1,796,813 110 120 250,000 » 850.000 826,049 140,862 237,227 32,989 379,810 900,000 fourth Nat Bank, dome Savings Bank. 210.000 75.000 200.000 Yferch ft Mecb Bank Nst'l Bank ft Trust Co. 39,944,356 /100 1100 100 4,500,000 100 38,997,823 672,182 10,327,222 3,584,168 103,500,797 299,434 3,698,244 rs.ooo.oon « Columbus— Vilumbus Bk & Tr First Nat Bk of Col., Stamford— First-Stamford 29% 240 30% 260 "95" I65"" 760 100 785 148 153 tio 100 14% 15% 161 7,317,913 2,361,123 2,353,809 100 80 90 100 135 145 1.359.754 100 35 40 3,462,296 100 225 240 100 100 110 Macon— i.000.000 1,345.456 200.000 < 697,177 700.000 <1,200,944 Fidelity TitleftTr Co Stamford Trust Co. Waternury 750,000 .. 422,505 188,714 277,691 3,418.506 e2,000.000 Georgia rr Bk ft Tr • jfio.oot 200,000 11.641,679 share. ~14% "15% Augusta- re cent 100 100 100 125,616 917.215 3,548,168 103,500,797 t 10 10 6,558,218 127,288,033 1.000.000 475.000 a 980.000 Ga Sav Bk ft Tr Oo. Trust Co of Georgia n National Bank Union Bk ft Tr Co.. 5.400.000 Common 104" 100 553,399 200.000 r5.000.000 First National Bank Fulton Nat Bank— 73 iioo 300,000 Nat Bk of Commerce New London City Per American sav Bank. Oitizft So Nat Bank4 150 litiz ft So nat Bank 165 175 Otiy Bank ft Tr Co.. 140 150 First Nat Bk ft Tr Co 12.319,999 6,300,918 12,733,742 100 100 100 125,261,252 100 160 25 28 140 r6.000.00o 3,584,168 103,500,797 t 10 88,624 100 1,535,500 294.556 10 7.465,477 110,000 500.000 e 14% 15x 100 Savannah— — litlz ft So Nat Bank Oltls ft Mfrs* Nat bb Water bury Nat bk— 600.ooii Common........ 300,000 184,000 940,971 Savannah Bk ft Tr Oltizens Bk & Tr Oo Common Debentures . Colonial Trust Co Water bury Trust Co J 261.000 500,000 <2,245,405 300.000 204 647 — National Banks 5,909,749 t 32 10.657,757 3,864,107 DELAWARE June 29 f State 25 "80" 90 314,149 500.000 4,625.716 625,000 <1,189.748 203.175 734,083 Farmers' Bank Industrial Trust Oo. Union Nat Bank Delaware Trust Oo.. 1,000.000 1.500.000 Equitable Trust Oo. Security Trust Do Wilmington Tr Co.. < 924,225 106,412 62 100 2,117,649 2,287,267 20,303,659 3.874; 728 5,069,080 13,450,775 20,508,905 <2,822,380 1.059,978 10.217.776 4.000,000 <12347,814 104.180.051 100 110 50 300 25 30 63 100 Per 750,000 550,000 |1,107,863 al,050,000 125,000 1,286,866 n 56,820 . Boise Trust Co 165 25 60 50 Nomi nal. Boise City— 26,961,359 100 N 28,330,866 78,273 100 sa re National Banks - - -— State ILLINOIS — June 29 Nomi nal. Washington— Per City Bank a 475.000 250.000 100.000 1.000.000 Columbia Nat Bank Bank of Co mm ft 8a v Hamilton Nat Bank. Liberty Nat Bank 500,000 — Lincoln Nat Bank— McLachleu Bkg Corp Nat Bank of Wash- 400,000 340.000 a 1.050,000 200,000 800,000 Nat Capital Bank— Nat Metropol Bank. 1,162,880 487,347 965,597 235,898 840,324 217,456 1.917,763 2,166,593 11,175.335 5,565,111 4,230,825 29,953,314 8.612,401 11,512,388 6,187,131 11,566,066 2,694,136 28,313,263 100 10 160 share 3.000.000 \ 123,077,731 Preferred... 1.000,000 J <5,225,243 a Second Nat Bank. 500,000 509,687 9,344,102 Secur Sav & Com Bk a 510,000 436,188 9,019,228 ▲mer Secur ft Tr co. 3,400.000 5,477,761 56,933,222 Nomi nal. Per share. Nat Bank. 160,000 300,000 375,700 100 100 300 20 29 100 170 100 30" 200 50 50 100 120 100 100 200 1,000.000 12.209,166 250.000 1 2,000.000 '1,302,295 1,000.000 1,916,411 1.000.000 2,539,746 Income debentures 100.000/ 285 270 66 160 175"" 100 235 250 101 Union Trust Co Wash Loan ft Tr Oo. 200 100 50 75 100 237 260 125 100 25 30 100 40 220 230 150,000 172,297 1,398,630 2,889,838 6,977.918 2.660,972 220 "80" 250 98,128 1.600,000 1,651,589 2>o. >no i 172,841 <380,000 < 233,1:15 100,000 118,875 300,000 261,647 4.250,280 69,160,944 6,173,920 7,589,861 3,060,185 11,039,449 State Bank.. a Am Nat Bk ft Tr Oo. a Bank B*ver|v Stat' S«v Bli 400,000 Nat Common Preferred 104.000 ........ Bank, a nal. share. Florida Nat Bank 01.500.000 .>0.000 Spr'field Atlantic Bk 1,608.895 1,813,877 1.507,641 39,475 10 56,867,972 31.033,132 45,595,337 1,130,366 100 210 25 100 30 1,930.655 25 0 100.000 199,911 30 275 150 17 21 40 28 33 100 110 125 10 18 inn 112 33»» 21 85% 117 88 % 100 100 4.045,523 245,854 Branch I 175 20 30 18 " 200"" I 40 100 22 "23" "27*" 150 160 100 265 100 215 273 230 100 185 195 Sale price nf Savannah. Includes Dreferred stock Retirement or debentures outstanding. once, June 30, 1939. d Member of the Atlantic Group In Florida. 0 Affiliate of the First National Bank of Atlaata. Ga. 10% /March 26, a Member 4 1940. trie F or'da National Group. h Affiliated with the Barnett National Bank of Jacksonville. Florida. < Sept. 30, 1940. K New stock / Last sale. n Dec, 30. 1939. o Changed its title from the Southern National Bank of St. Petersburg. Fla., to the "First National Bank in St. Petersburg," effective Nov. 1, 1940." r LakelandFlorida Nat Bank les c June 29 JacksonvilleAtlantic Nat Bank.. 43.000.000 Barnett n b of Jack 1.500.000 85,465 8,501,576 □rovers Nat Bank 1.000.000 1,111,199 32.276,517 First National Bank 30,000 000 40,075.902 1,140723524 'trst Nat Euglewood 200.0001 < 580,127 5,405,435 Talsted Exch Nat, Rt 200.000 271,648' 8,348,456 b Institutions \ 96.000 f 440.000 < a State o cent Bank— t FLORIDA < » »'»'» Oltv Nat Bk ft Tr Co 3.559,906 159,365,408 Cont 111 N R ft Tr Do 50.000,000 50.213,035 1,421459289 Oont Nat Bk ft T Co 1,500,000 533,125 t 419,898 Oosmopolit'n Nat Bk a 250,000 85,153 3,867,283 • National Banks June 29 N re sa Chicago Aetna District 80 13,012,840 24,751,431 100 100 100 47,537 220,874 262,448 Central Nat Bank.. 259" 60 100 6,445.569 100 100 Bauk Avenue St Bk Oak Pk ...— " /100 \ 100 19,903.812 1100 100 100 100 300,000 347.000 □fexel State Common 4,410,740 5,867,366 3,669,560 — Nat Belleville Savs Bank A ist.ln Stat- 155 246 Belleville Belleville a 215,719 353,882 45,588 St. Clair Nat Bank.. 24% 192% Nat Sav ft Tr co— Munaey Trust co— cent les 100 Institutions June 29 first National Bank ..... Rlggs National Bank Common 0 65 217 >ld Second Nat Bank 86,347 546,531 636,858 326.708 share 133 Merchants Nat Bank 145,000 50 March 26 Aurora— a 85 State Institutions IDAHO Idalst NatBk ofBoise Common Preferred..... First Security Bank 49 25 ..... Aurora Anacostia Bank 15% hi* 80 122,000 National Banks June 29 Institutions 672 600 . 200,000 i 10 100 100 June 29 Nomi nal. Per share. 210.000 3,584,168 103,500,797 276.995 5.170,378 288,261 5,637,147 a 50 100 Wilmington— Central Nat Bank— r5.000.000 500,000 645,000 Liberty Nat Bk ft Tr Combined statement. t Tru<n funds. jj Stock all owned by Travelers Insurance Co. x Ex-dividend. RANKS 104 National Banks June 29 ILLINOIS Surplus & Profits Capital State TRUST AND COMPANIES National Banks June 29 Institutions June 29 Gross Ask Bid Par Deposits • June 29 Gross Surplus A Profits Capital Institutions State IOWA Par Deposits Bid Nomi nal. Chicago (Cond.) Kaspar Am State Bk 250,000 700,000 i LaSalle Nat'l Bank.- Lawndale Nat Bank CommonJ.. 399.612 20 2,647,087 7,154,989 12,741,320 275.000 I - flO 200.000 Main State Bank M erchandisoN at* IRk Metrop State Bank Mid-City Nat Bank 5,906,459 7.204,160 24,183,558 19.579,899 8,338.984 3,559,914 12,009,740 7,342,582 12.781,347 3,938,560 19,355,793 9,754,791 43,136,985 4.990,562 10,634,283 7,238.516 23.673,751 11,900,025 3,443,082 r 624,977 r 391.718 200.000 r N't Bk Mutual Nat Bkof Oh 400. not. Nat Bk of Hyde Park Nat'l Boulevard Bk. 200,000 National Security Bk 300.000 v 500.000 Nat Stkyds Nat Bk. 1,000,000 North Shore Nat Bk. i 200,000 Oak Park Tr&Sav Bk 500.000 Personal Ln & 8av Bk /2,000,000 Pioneer Tr & Sav Bk i 750.000 Sears-Com State Bk. 400.00O 200.000 Skala Nat'l Bank. 200.000 South East Nat Bank 800 OOO 541.000 t 200.000 dtafcr Bk of Glearing. 150,000 200.000 Terminal Nat Bank. CTnlv St Bk of Ohlc i 295.000 300.000 300.000 Upper Ave Nat'l Bk. Uptown Natl Bank . Western Sti.te Bank. 200 000 Amalg Tr & Sav Bk. Naroh Tr. 400,000 i Banco dl 300.000 Olty Bk & Tr.... Drovera Tr & Sav Bk i East Side Tr&Sav Bk Harris Tr & Sav Bk Lake snore Tr & S Bk Lakevlew Tr & 8 Bk. Northern Trust Oo_ 93,231 195,210 215,891 453,827 142,518 968,306 322,011 1,681,646 117,324 r 630,423 rl.694.020 rl,035.770 r 519,456 r 93,525 305,879 85,789 r 97,925 294,940 r 305,189 516,439 393.421 225,210 r 544,370 428,944 _ 483.271 100 100 300.000 82 112 25 100 150 160 60 100 155 34 170 37 Common Preferred Ges MoinesBk&TrOo 150*" 160" 100 100 First Fed State Bank 34 100 70 37 75 100 190 100 85,097 1,961,654 100 31,488,336 100 11,017,139 21,372,325 25 149,102 2,855,955 100 11,204,875 23.925.720 noo 80,135 34,987 2,187,989 847,358 68.734 J 200 1,750,000 11,424,208 1,250,000 341,710 150,000 ... Preferred VaPoy 8av Bank alOO 50 41,254,599 '100 1100 6,261,950 100 100 Dubuque— .100 300,000 250,000 492,361 190,471 9,946,020 5.259.435 First National Bank 400.000 Live Stock Nat Bank 250,000 300,000 250,000 100,000 292,000 334,710 407,471 247,129 121,648 10 6,900,000 6,411,429 A100 100 7.395,442 100 6,718.085 too 2,675,875 First National Bank 100 A mer Tr & Sav Bank i 100 100 100 50 115 30 25 100 50 100 100 Toy Nat Bank Security Nat Bank 307 297 70 265 515 N 75 . Woodbury Co Sav Rk National Banks 100 rec 100 sa Cent Nat Bk & Tr Co 600.000 827,274 50 65 75 American Nat Bank 150.000 109,999 Com Mer Nat Bk&Tr First National Bank. 2,000.000 660.000 1,219.291 1,705,277 11,561,442 26,220,556 15.456,752 20 17 18! First National Rank 250.000 253,061 Institutions State KANSAS June 29 0 June 29 edt Nomi nal. les Peoria— Per Hutohtnson— 20 50 51 198.941 4,115.906 f 50 50 55 Kansas City Jefferson Tr &Sav Bk Capital notes.. r 50,000 434.000 ..... 130,202 1,829,818 166 60 65 Qulncy— B'dway Bk of Qulncy 111 State Bk of Qulncy E cchange State Bank First State Bank. 100,000 > 14.904 621,465 100 55 60 Security Nat Bank-Rivervfew State Bk T?r & 8 Bk Peoples Bk orAJulncy S'thSideBk of Qulncy State St Bk & Tr Co. 70 4,031,405 / 66», 75 100 100 50 100 35 100 500.000 400.000 441,729 299,424 77.500 8.217 Manufac'rs State s Central 471,967 353,027 364,610 i Third Nat'l Bank 12,547,076 6,829,510 10,698,839 100 40 40 100 110 60 65 40 First National Bank. 757,225 355,050 500.000 300.000 500.000 National Banks June 29 r 531.699 INDIANA 10,232,216 6,256.357 13,402.668 Trust Co. . Citizens State Bank. < Fidelity Sav State Bk Guaranty State Bank Kaw Valley State Bk 45 Springfield— Illinois Nat Bank... Springfield Marine Bk 100 185 195 50 110 120 130 140 Merchants' Nat 100.000 Citizens Tr & Sav Bk Franklin Bk & Tr Co I Indiana Tr & Sav Bk_ Lamasco Bank 500.000 National Olty Bank. i North Side Bank 190,134 20,539 164,900 137,500 100.000 34,306 59.930 810,035 223,500 36.578 , Fourth Nat Bank... Kansas State Bank. 100 100 100 175 110 110 100 100 150 100 110 160 110 100 100 14,094,080 1,932,966 100 225 500,000 Preferred 500.000 Mutual Lincoln Nat Bk & Tr j, 416,420 1,684,866 100 125 1,200,000 Nation* 1 100 22.231,527 Preferred 776,475 16,541.468 20 20 340.000 Gary— Gary State Bank Gary Tr & Sav Bk__ o re cent sa Class A Fountain Sq State Bk Indiana Nat Bank.. Live 8tock Exch Bk. Madison Ave St Bk Marlon Co State Bk. Merchants' Nat Bk. People's State Bank. Bankers Trust Co... Fidelity Trust Co... Fletcher Trust Co— 20,266 1,230.434 400.000 880,400 44,000 200,000 20 1.267.777 11,898.724 1,500,000 11,119,596 725,000 1,000,000 1,211,599 Indiana Trust Co 399,200 48,988 Security Trust Co... i 1,000,000 2,638,925 Union Trust Co..— South Bend347,000 104,887 American Trust Co. 500,000 c 193,336 Olty Nat Bk & Tr Co 600,000 495,447 First Bank & Tr Co. 250,000 Merchants Nat Bank 238,992 200,000 St Joseph Bk & Tr Co . 100 100 38,796,585 159,7^6 f 10 I 62i j 37.805 1,100,274 100 a62X 62', 50 (nt State .... i'inns June 29 Per share' 4,827,220 5,564,565 6,964,547 1,667,777 100 175 10 19 22" 50 30 35 10 6 250.000 Peep-Lib Bk & Tr Co OovingtonTr&BkgOo 503,500 150,000 300,000 304,513 2,977.134 100 132 200.000 87,000 1,681.460 10 4 200.000 1.000.000 1.237.043 12,680,150 3.208,497 2,382,059 3.634,893 50 . 120 First Nat Bk & i Citizens Bk & Tr CoCommon Preferred 15 X Tr Co 1644 100 100 218 151 225"" 243 253 100 100 100 100 100 100 1100 *55" 151 161 165 176" 290 500.000 370,208 270,319 255,000 Louisville— 1.000.000 r3,130,288 Citizens' Union NB. 2.000.000 1,761,126 Fidelity & Oolum Tr. 1.000.000 72,694.724 First National Bank. 422,584 Liberty Natl Bk & Tr <1.800.000 r 300.001) 156,171 Security Bank 1,072,981 KentuckyTltle Tr Co el .000 000 750.000 696,247 Lincoln Bank & Tr 100 >>00 140,055 Stock Yards Bank.. <1.950.000 rl,259,119 Louisville Trust Co 525,000 111,548 United States Tr Co I§5 40 Newport Nat Bank._ 10 100,000 100,000 Sale price. a 152,191 525,897 72S.589 62,908,596 100 9,476.047 100 100 44.473,314 26,462,799 2X 100 2.823,843 100 6,387,288 100 16,992,405 100 1,703,207 10 18,219,S57 1,472,370 100 255 110 IX 125 100 131 201 6X 26 1,785,116 6,019,099 100 100 /250 Citizens Union Fidelity unified certificates, 100 Affiliated with the First National Bank of Louisville. o cent Loan & les of the "Industrial National Bank of / Stockholders on Nov. 25 1940, approved the conversion of the Persona* Savings Bank, Chicago, 111., into a national bank under the title [100 g .100 r 335 e 20.233,227 I 20 I 10 June 30. Chicago," effective Dec. 2, 1940. 1939. h Member of Northwest Bancorporation. Terre Haute 1st N B: 750,000 250,000 225"* 330 d/New stock. b Oct. 2, 1939. N 6,440.111 220 C re 154,205 300 100 Pref. stock retirement price. sa 250.000 240.000 100 100 100 100 4,723,931 5,502,680 16I"" 103"" Newport — American Nat Bank. 366" ♦ 3,406,826 5,471,697 11,333,674 . 4 H 10 _ 110 100 100 18,170,788 4,384,743 25,032,658 Security Trust Co. 160.000 150.000 135 M alO 100 Merchants Nat Bk— 4,026,893 Nomi nal. 125 90 100 10 Terre Haute— Oommon 1 KENTUCKY 200,000 Union 8ank & Tr Co Debentures Oommon Preferred 176.816 250 225 100 100 — Bank of Commerce 20 17,814,377 3,300,000 1,000,000 11,468.456 41,013,494 725,000 100,000 117,315 2,461 ,769 4.000.000 9,059,764 145,828 ,734 200,000 212,185 1,378 ,481 i 875,000 21,372 1,076 ,289 i 65,000 16,217 604 ,021 1,250,000 2,430,240 36,097 ,795 i 325,000 78,597 2,361 ,150 500,000 401,406 3,348 ,292 i 281,000 161,916 4,719 ,441 Common Preferred. »tnks SBcond Nat Bank... professed. 28,119,121 26,258,378 1,197,999 2,718,967 100 35,195 283,752 1,361,165 1.411,083 :ingtc 250,000 300,000 Indianapolis— — 11.698.402 1100 2.287,751 100 416,074 100 2,457.921 100 1.040,970 100 694.518 125 7,686,322 150 10.312.167 100 1,456,945 125 1,365,725 les American Nat Ba*k. __ 100 100 461,262 316,234 206-.536 88,596 Dime Trust & Sav Bk Debentures 924.352 First Nat Bk & Tr Co 100 N People's Tr & Sav Co < June 29 Covington 718,706 I les 10U 101 8,429.809 Ft Wayne Nat Bank 480,000 73,446 58,105 76,892 215,544 631,999 36.844 46,200 90,000 100,000 Preferred Union Stock Yds Nat Citizens'Nat Bank.. Common 2,173,200 2.703,443 150 100 16,383,902 110,000 Common.... t Common o share. 200 160 100 100 r 1.000.000 1.000.000 100,000 200.000 First National Bank. Old National Bank— Peoples Savings Bk__ Fort Wayne— sa Wichita- Institutions June 29 15,947,342 1,291,745 1,478,483 1,481.912 1.057,288 r 100 000 < r 200.000 500.000 100 000 Bk. Bank Tooeka State Bank State Per 1,036,588 100.000 50.000 Siate Savings Nomi nal. 500.000 200.000 Nat Bank of Topeka too Kvansvllle— Citizens' Nat Bank— N Tre cent Topeka— Bockford— 200.000 242,000 500.000 275,000 Leavenworth Nat Bk Illinois Natl Bk & Tr Co 75.000 < 11,303,632 f 10 \ 10 100 2,744.271 100 1,438,954 100 6,601,963 100 5,270,961 40 1,608,693 Bk 161,513 259,278 34,518 r Leavenworth— 60 745,000 150,000 150,OOC 50,000 200.000 First National Bank "15" "85" 6,404.946 1,003,575 100,000 194,548 123,072 261,957 531,143 Central Nat Bank... 200;000 \r 104;5«1 125,000 169,672 200,000 r 35,354 100,000 43,000 50,000 200,000 r 131.280 . Debentures Common. 255,022 300.000 1 Preferred 150.000 Swedish-Am Nat Bk. 100 - Oommon South Side Tr& Sav B „ share. 100 3,596,258 4.915.581 Comm'l N Bk of K C 200.000 1 Common . les 530 100 N _ cent 275 100 Common o re sa Sioux City— 80 75 105 100 100 1,637.052 8,446,901 2,268,831 Mercantile a25 [100 93,892 701,722 185,194 First Nat'l Bank 100 a 25 100,000 300.000 100.000 Union Nt Bk & Tr Co 100 Iowa-Des Moines Nat Bank & Trust Co: Oommon 20 477,8331 10,237,522 r Preferred lap City State Bank Cent Nat Bk & Tr Co 0 ion 100 100 550,000 450,000 150,000 50,000 Oommon 163 160 25 les Dei Moines— Bankers Trust Co— 65 100 cent 750,000 250,000 150,000 Bank. Savings Davenport Bk & Tr_ "25" 16" 50 o re sa Davenport— 215 '"is 100 N 20 100 600,000 r2,363,339 Preferred State 20 200 3,116.487 4,695.409 140,073 2,185,537 1,518.586 80,000 20,000 100,000 Common 125 16 183,932 224,810 10i> Bank •first National 29 115 100 12,370,836 Coun Bluffs Sav Bk 120 20 3,283.609 32,234,661 5,062,964 1,094,174 25 100 161,720 46,045 share. 100 r 150,000 150,000 City National Bank 92 100 11 1,286,426 200.000 r 80,726 6.000.000 r11891758 295,496.286 399,210 13,628,151 700.000 r 33.795,210 600.000 rl,611,926 S.000.000 r 10696275 389,748.385 Elgin— Elgin Nat'l Bank. 125 200.000 500,000 250,000 50,000 People's Sav Bank United State Rank.. Council Bluffs— 262 122 135 100 i Pul'man Tr & Sav Bk 135 Per 2,416.678 3,062,289 88,835 Cedar Rapids— Merchants Nat Bank 62 252 115 "85,529 125.000 200.000 k Guar Bk & Tr Co 177 140 100 % % Burlington— Farmers & March 8 B Nat Bk of Burlington 235 170 20 9,213,237 2,742,041 3,436,936 7.842.354 7,341,537 7,974,121 10,645,127 3,862.089 9,519,672 5,727,705 r.1133,1651.27,917,898 South Shore Nat Bk. 225 58 100 100 100 r 400.000 200.000 Milwaukee A 218,73 335,75 1.331.965 600,000 200,000 . 14 100 500 000 Merchants Nat Bk.. 11 3,663.574 27,670,391 200,000 Mercantile Nat'l Bk- 94 485,264 1,627,793 1,000.000 Natl Bank 90 110 300.000 Liber'-y Nat'l Bank Lire Stock Nat Bank Madlaon-CJrawford 7H 5X 50 325.000 Preferred Ohlc 302,678 218,343 r Ask Nomi nal. share. Per < Oommon and preferred stock or r Sept. 3 0, 1940, s capital debentures outstanding, No stockoutstanding. a: Ex-Dividend. banks dec., 1940] National Banks June 29 Baton Rouge— City National Bank 300,000 240.000 j 636,788 300,000 175,000 " jn 530,9j02 i June 29 $ 11,425,619 Fall RiverFall River Nat Bank B.M .O. Dor fee Trust 1 80 34,182,293 j100 1100 95 102 1,500,000 1.200,000 60.135.924 24 25 Nat Bk of Commerce Common PreferredLouisiana SB A T Co j 1,639.092 Whitney Nat Bank.. 32,004,339 23,138,908 9,266.543 Common Preferred 23$$ 22 /20 \20 "30" "35" 76 100 185 190 Hadley Falls Tr Co. 100 100 140 110 ii5~~ National Banks June 29 402,926 State maine 1,004,521 209,126 2.158,225 100 10 250,716 7,781,273 r so } 128,017 2,614,261 100 605,000 756,973 700,000 710,000 8,500.000 401,892 610,624 763 20 600,000 419.131 25 25 "36" "zm Security Trust Co 285,044 1,000.000 200,000 nl ,030,887 _ 100 N 12.738.321 r 20 sa o t First National Bank, d Merchants Nat Bk__ Safe Deposit Nat Bk les 20 Portland- 1.000,000 Nat Bk of Commerce 400.000 518,772 213,053 995,170 373,237 000,000 200.000 100 100 105 25 25 20 35 23 38 20 10,644.637 4.582.337 17.327,396 8,149,711 66 .100 6,124,205 25 511,129 4,022.884 10 23 12,569,248 25 22*$ 211.101 486,254 656,372 917,131 6,860,353 5,803,394 3,582,873 9,857.433 n 20 26*$ 14 285 350 16 100 20 49 51 50 7,408.830 20 10,164,557 6,362,738 12*$ 41 44 11 12 100 36 40 714,500 500,000 350,000 470,621 903.363 497,048 200.000 69,852 2,095,269 6 100 Peabody— „ Canal National Bank Oasco Bk A Tr Co... First Portland NatBk 60 New Bedford- re cent 658,093 000.000 400.000 .... Preferred - 100 10,882,185 8.952.692 } 703,547 500,000 250.000 100.000 400.000 Esse* Trust Co Bangor— Eastern Tr & Bkg Co Merrill Trust Co— Common les 800,000 Lynn 8 Dep A Tr Co Merchants' Nat Bk. o rec ent 1.000.000 Lynn— Mfr's.-Cent. Nat Bk 100 12,043,920 _ Union Old Lowell National Bank Nomi nal. Per share. Depositors' Trust Co 200,000 300.000 n Lowell— Appleton Nat. Bank. Institutions June 29 AugustaFirst Nat Granite Bk 100 10 20 340*" 100 2.984,887 1,785,578 3,419,746 6,009,755 Lawrence— Bay StateMer NatBk Preferred 1,325,683 919,531 1,000,000 1,000.000 700,000 Commercial Nat Bk. Oont'l-Am B & Tr Co 7,412,954 248,174 167,168 157,814 302,500 311,000 75 Shreveport— First National Bank. 102 1,026,085 ... Park National Bank Common 20 25 115 330 Holyoke— Holyoke Nat Bank— 120 1.500,000 11,699,575 56.241,483 1,200,000 3,637,393 249,875 208,000 2.800.000 7,613,642 146,203,632 100 100 160,000 120.000 280.000 Haverhill— Haverhill Nat Bank. Merrimack Nat Bank (20 100 7,621,479 10,115,622 3,786,223 100,000 141,000 dl .400.000 1,000.000 12,103,096 500.000 j Common Preferred. Hlbernia National Bk Common Preferred Ask Nomi nal. Per share. 500.000 Glouo Nat Bk of Glou Gleuces 8 D A Tr Co Amer Bk A Trust Co s 427,500 800.000 Fitohburg— Safety Fund Nat Bk. Gloucester— Cape Ann Nat Bank. 175 160 j100 301,263 616,515 330,609 400,000 Fall River Trust 110 11,294,942 Bid Par Deposits $ 25 20 110 Cross Surplus A Profits Capital Nomi nal. Per share. 105 massachusetts Ask Bid Par Deposits $ Common Preferred Louisiana Nat Bank Common Preferred New Orleans— companies Cross Surplus A Profits Capital Institutions State louisiana trust and barren Nat Bank—. 8alem — Merchants Nat Bank 127,234 3.312.092 50 982,237 7,856,359 10 10 Springfield Nat Bank dl ,600.000 n 874.391 Third Nat BAT Co.. 1,500,000 n3,347,751 Springfield 8 I) A Tr. 1,000,000 nl.585.983 Unlon Trust Co 1,000,000 2,107.007 WestSprlngfluid Tr. 220.921 194,250 16,637,790 34,484,449 15.536,994 13,936,395 2,627,863 100 25 25 248,403 356,239 2,376,659 100 4,486,581 25 40 600,000 nl,189,594 400.000 489,468 16,986,283 5,712,261 100 10 175 13 16 1,000,000 ln2785812 643,044,129 1,500,000 J 10 18 21 250.000 Naumkeag Tr CoNational Banks June 29 State maryland Common. Preferred.. Institutions 250.000 200.000 ,s 14 10 June 29 Springfield— Nomi nal. Per share. Baltimore— Bait Comm'l Bank.. 383,215 6,296,662 10 45,305,600 600,000 Preferred 800,000 i Calvert Bank 543,417 11,001,795 370,000 1 Canton Nat Bank.. 3,983,715 199,562 225,000 Carrolltoh Bk of Bait 284,359 1,811,452 80.000 First National Bank. 4,000,000 6 705,284 232,357,558 Nat Cent Bk of Bait. 533,673 7,369,855 400,000 Nat Marine Bank 791,735 6,286,052 600,000 Western Nat Bank. 567,512 14,306,390 750,000 Colonial Trust Co... 145,343 2,049.056 400,000 u Equitable Trust Co2,000,000 nl ,390,863 45,947,413 1,196,200 21,632,571 Fidelity Trust Co... 1.000.000 Maryland Trust Co Common 1,000,000 lult801,461, 45,325,491 1.450,000 Capital notes..... Mercantile Tr Co... 1,500.000 3.917.236 28,536,864 Real Estate Tr Co.. 253,608 1,881,935 600,000 e Safe Dep A Trust Co 2,000,000 n4,345.782 40,081.693 Union Trust Co 3.000.000 nl ,850.154 57,612,249 iio 500,000 Baltimore Nat Bank Common 11.232,653 ZH 25 120 50 Taunton ""§!*$ 100 50 10 * 10 75 2 57 H 90* 100 56" 32* ?..., 20 25 100 25 ... {.!? 50 100 14 67 17 15 200,000 800.000 Worcester Co Peoples Bank— Common d 392,000 198,380 71 415 Common Class A National Banks June 29 10 6.079,849 100 * 85 1,829,986 125 * Capital notes 9H 7.385,468 50 * 45 148,976 4.589,315 100 973,976 528,211 Nomi nal. Per share. 344,324 2,776,672 6,621,867 100 100 n People's Commercial a Savings Bank re cent 500.000 985,505 10,494,755 20 sa les Preferred J 15* 11 2.160,000 14,338,543 178,451,622 f 3,570,000 3,000,000 4,668,724 5,255,331 25 65 Preferred 70 1,837,114 115 c25 Bankers Trust co— 4,024,373 1,711,270 100 190 195 "165"" iio" ""29" *35" 7 8 309,660 1 Common o Co Un Guardian Tr co 120,629 342,815 322.175 111,397 1.955,520 6,236,090 4,025.800 1.987,581 cent 10 100 226.340 2,0 )0,000 500,000 300,000 Wayne Oakland Bk_ . Nomi nal. Per share. 46 45 H 385 395 64 67 23.*$ 23** 137 141 49 100 a295 100 50 50 100 a400 4,105,638 43,164.493 351,097 2,530.467 1,576,571 15,581,845 707,831 2,388,253 3,409.071 41,485,596 None 5,283,264 589,094 9,084,406 n7,599.264 103,231,594 53 *10 100 305 j 1,416,603 13,268.750 Convertible pref. 700,000 450,000 Winthrop Trust Co.. 100.000 n 148,598 2,870,400 100 Beverly— Beverly Nat Bank.. Beverly Trust Co 300,000 100.000 287.373 119,675 4,169,216 s 100 100 518.374 527.639 8.260,697 6,846,427 20 23,526,227 10,057,284 3,448,057 6,650,172 20 20 123,846 625,452 680,785 2,239,560 11,417,874 10,270,018 20 12 14 23 19 26 ""15 1,000,000 12,534,263 1,125,000 486,973 350,000 1.200.00u 710,683 47,877,211 { 28 30 700,000 Peoples Nat Bank. 400,000 - 523,338 > 7,530,292 521,067 4,797,133 1.733,015 623,505.637 100 10 12 13 13 15 60 gveretc— 833,947 —f V 11,065.557 10 21 82*$ ... .. Common Preferred Union Bank of Mich. h Michigan Trust Co.. * 315 / 450 _ 250,000 - Old Kent Bank— Trust Cambridge— 20 7 1.065,814 547,288 92,283 440,642 Central Bank First Nat Bk a Tr Co d, Second Srookton— s 5 53 100 250,000 400,000 Saginaw Nat'l Bank- d 34 1,865,991 6 10 20 1 5 35 33 30 18 20 38 36 28 20 20 10 10 g 3,980,775 2,911,919 ^ 50 7i~23~ 20 13*$ 33 21 26" 15 Saginaw- 200 160 10 ~i7"~ 10 Grand Rapids— a Nat. 470 23 Hank 357,000 249,291 7,854.582 20 1.250.000 2,667.492 30.577.605 100 35 a Company.- 1275 Sale price, Stock has to be offered to board of directors. 6 Includes I 1,729,803 f f "195* 100 ( 10 96.742 g Flint- U S Trust Co- 600.000 43 2,318,899 (713,420.631 716,083 g 4,680,973 0 148,412 4,530,173 Merch a Mech Bank Nat Bank of Flint— Boston— First National Bank 27,812,500 53.813,198 774,051,939 12H Merchants' Nat Bk. 3.000.000 n5,717,441 131.536,139 100 Nat Rock Bk of Bos 20 1.600.000 3,104,966 36,800,212 Nat Shawmut Bank. 10.000.000 23,279,209 220,904,629 12*$ Second Nat Bank... 2,000.000 6,018,252 107,134,182 25 Web A Atlas N Bk.. l.OOOOOO 690.931 50 16.351,592 150.000 42 les 10 10 massachusetts 300.000 1.000.000 5.541,527 157,625.434 Equitable Trust Co- 10 115 500,000 500.000 53 \ 20 50 Oil Com a 8avs Bk_ dl ,000,000 Genesaee Co Savs Bk 1.000.000 1.250.000 Day Trust Oo_ Fiduciary TrustCo.. d 500,000 New Eng Trust Co.. l.OOO.OOO Old Colony Trust Co 15.000.000 Pilgrim Trust Co 400,000 State Street Tr Co.. 3.890.000 125 51 United Savings Bank rl.000,000 Wabeek State Bank1,200.000 Preferred-- 2.000.000 100,000 115 20 8.250.000 114689,695 506,015.244 f 10 9.211,875 1 25 10 1,445,041 24,691,634 488,240 18,018,679 461,542 g 444,873 "16 500,000 Nat Bank of DetroitCommon 100 129.102 90,000 367,000 200.000 150,000 0 50 2,341.355 667,659,197 Common Detroit Trust Farmers A Merc Bk. Nicodemus Nat Bk.. d Second Nat Bank 110,222 Commonwealth Bank 03,600,000 Detroit Bank— Hagerstown— Middlesex Co Nat Bk > 300,000 400.000 435,837 69,211 100,000 40,000 150,000 150.000 Preferred Fr'k Town Sav Inst. West Maryland Tr.. Cambridge Trust Co County Bk A Tr Co. Harvard Trust Oe... 6*$ 5% Detroit— 100,000 125,000 Frederick Co Nat Bk Common Brockton Nat Bank. Home Nat Bank 10 $ Frederick— Citizens' Nat BankFarm A Mech N Bk Common 1 Bay City- Mfrs National Bank- Boston S Dep A Tr. 1235 State Institution June 29 MICHIGAN 28*$ 191,065 150,000 291,000 ... Columbia Trust Co. s 445"" m Liberty Trust Co— National Banks June 29 70 17 97,789 100,000 I 99.500 / 500,00U »&.! Hagerstown Trust Co 66 30 Natl bk of Bay Oity. Capital notes Second Nat Bank... Common 69"" Tr Co Bay City Bank. Cumberland— First Nat Bank.. 66 Worcester— Mechanics Nat Bank Guaranty Bk A T Co "244"" 100 8*$ 375 — Machinists' Nat Bk. Bristol County Tr__. 'Uh 30 10 savings deposits. c Retirement price. d Common and preferred stock or capital notes outstanding. e Oct. 14, 1940. / Convertible pref. stock entitled In liquidation to $20 a share. g Trust balances. h Ex-stock dividend of 40%; capital of Union Bank of Michigan at Grand Rapids increased from $250,000 to $350,000. i Dec. 31, 1938. k Units. i Last Sal*. n Sept. 30, 1940. 0 March 26, 1940. r The United Savings Bank of Detroit, Mich., on Nov. 6, 1940, retired its outstanding preferred stock and authorized an increase in common from $750,000 to $1,000,000 thru a stock div. payable Dec. 20, 1940, to holders of record Nov.. 30, 1940. s Oct. 31, 1940. * 1 Affiliate of First National Bank of Boston. x Ex-dividend. And banks 106 National Banks National Banks June 29 June 29 Ask Bid Par Deposits State Institutions MISSOURI Gross Surplus A Profits Capital Institutions State MINNESOTA June 29 companies trust June 29 Qross Surplus Profits Capital Nom Inal. $ $ Duluth— 10O.000 Bank of Oomm A Sav fton.ooo Oity National Bank. * 150.00C Duluth Nat'l Bk First A Amer Nat Bk 2,000.000 Minnesota Nat Bank 400,000 of Duluth 1.000,000 Northern Nat Bank 100.000 Pioneer Nat Bank.. $ share. 47,302 968,710 100 St. Louis (Concl.) Telegraphers Nat Bk 7,941,584 1,984,656 32,740,732 100 Tower Gr Bk A 7.697.368 12,205,857 1,130,010 975,117 100 78,713 1,454,416 50 100 1,000.000 1.000.000 59.572 * 100.000 22.583 113,328 43.397 47,076 o Chippewa Trust Co ■aston-Taylor Tr Co k 250.000 les LI ndell Trust Co 400.000 100 66*3 Nat'l Bank, merce Minneapolis— Vflss Val Trust Co.. Central Nat Bank.. * 100,000 150,000 Fifth No'west'n N B. e 100.000 8.219.076 First Nat Bk A Tr Co 66,000,000 Hennepin State Bank & 100,000 Marquette Nat Bank * 27,823 364,401 355,000 Midland NatBk A Tr k 947,775 & Minnehaha Nat Bk 672,564 49.256 100.000 2.563,840 1,915,658 1,928,800 150,122,826 948,009 5,994,703 18,619,427 2.033,938 &100 Msund city el 00 North St Louis Tr fV YebsterGroves Tr b 328.655 p k Tr Co 350.000 6.000,000 241.559 300,000 100,000 20 100 Springfield 100 4,213,089 share. 120 100 15,716.497 9,102,103 20 33"" 100 70 20 3,460,711 41,750 3,727,204 259,950 6,091,305 7.046,751 183.353,276 v Merc Com BAT Co- 10.000.000 Mercantile-Com¬ 100 Per $ 219,141 912,163 435,936 18.811 500.000 Pr( )o United Bk A Tr Co. cent 269.360 49/,043 Blooming'n-Lake NB 6 Western Nat Bank- Per Nomi nal. 337,582 ■ Ask Bid Par Deposits 6 100 20 366,130 6,566,462 3,157,209 107,710,464 45,398 3,259,235 318,944 4,412,662 239,618 3,286,363 85 100 121 37 100 4% 4 n 25 28% 27% 100 25 '0 27% 26% 100 175 — k Htlsens' Bank elOO Union Nat Bank 6100 40,435 290,000 589,500 200,000 Southern Missouri Tr * 482,558 432,642 100 2,763,796 100 10,643.699 2.206,503 100 N'western Nat B A T 5.000,000 14,594,213 136,843,545 /100 1.350.000 35,820 1.518.369 10G,00< 16.665 e 1,227,727 50.00' 2d N'west'n State. 143.268 1,700,213 el"o5 100,00' Third N'west'n N Bk e 158,490 3,067,272 elOO 125.00O 4th Northwest Nat'l. jfc 75,950 1,245,549 76.600 University Nat'l Bk. * Common... 11H e 11% Preferred & Produce State Bank. Rochester— First National BankUnion re cent Montana Nat Bank 150.000 sa 268,800 100.000 I 357,301 les Sec Tr A 8a vs Bank Butte— 100.000 First National Bank 300,000 100.000 600.000 901,937 44,221 638,215 12.970.848 600.000 304,422 264,125 78,212 (76.000.onn 0 100,000 117,219 EmplreNatBk&TrCo ek 455.000 I 268.6,10 Miners Nat Bk Metals Bk A 11% N . Tr Co >tr»t Nat Bk None 514.867 171,000.000 l''C * Common Banks National 0100 \ National Banks June 29 les 0... 8,302.996 J100 1 ion June 29 Institutions State mississippi Institutions State NEBRASKA June 29 I cent Uoo 130.000 . o re sa 100 100 1,371,258 14,275,631 Union Bk A Tr CoPreferred Fir*iTrust Co. 4,817,502 0100 100 2,834,843 100 3,438,291 Helena— 11H Midway Nat Bank— Common share. 10,039,119 0100 250,000 190,OHO 200,000 5,201,057 1100 7,540.390 Preferred.... Per 200,011 195,134 258,260 No 250.000 First National Bank. * nal. \omi 100 31,803,651 100 4,880,194 100 2,038,054 142,070,532 0100 g 100 2,302,930 8,524,224 100 6.306,830 elOO 1,202,312 460,878 First State Bank Institutions June 29 BillingsMidland Nat Bank St. Paul— American Nat Bank. *1.682,000 Commercial State Bk * 150,000 DrovExchState Bank ok 200,000 Stock Yards Nat Bk. State MONTANA June 29 5,974,437 0100 2,136,252 100 145,308 78.316 200,1X1' 125,(/00 Bank.. Nat National Banks F (Vomi nal. June 29 Lincoln Per share. - Continental NatBk— Nomi nal. Common ' Per . Jackson share. Capital National Bk- J 682,445 9,658,013 Commerc'l BkATrOo 100.000 32,030 Depos Gu Bk A TrCo * Jackson-State N Bk. * 731,400 I 297,000 636,021 1,162,868 13,754,362 8,325,933 Meridian— Oltlaens Nat Bank.. k First National Bank. k Mer A Farmers Bank k 253,200 320,000 236,500 136.449 4,654.678 500,000 h 290.258i 5.291.123 8 idercb NatBkATr Co 300.000 2/7.105 4,924,423 65 50 First Nat A Tr Co... k 100 300,000 loo .ooft . 421,377 11,317.771 (100 \100 20,496,644 11,426,797 100 155 165 350,000 588,427 1,083,504 100 225 250 1,500.000 1,348,222 798,161 28,535,008 13,454,320 41 500.000 Nat Bk of Commerce 14 16 First Nat Bank 175 190 Live Stock 160 175 80 68 85 50 62% 65 100 3,616,895 3,426,276 100 « o» » «■ Omaha- mm 20 39 100 160 1,800,000 12,112,312 200,000 Nat 45,577,555 (100 uoo 175 84.117 2,814,202 (100 \ 10ft 25 954,697 Bank Preferred 70 121,000 79,000 50,000 Common Preferred South Omaha Sav Bk /140 400,000 170,000 « Preferred missouri U S Nat Bank Institutions June 29 Per 100.000 600.00U 600.00U Oity Nat Bk A Tr Co Columbia Nat Bank. Commerce Trust Co Community State Bk First National Bank. 86,340 2,1/6.894 1/3,696 6,000.000 100,000 J.OOo.OOu Inter-State Nat Bank Llnwood State Bank. 500.000 Merchants Bank 20o.00o 100,000 100 34,983,384 7.278,436 335 100 100 6,263.960 184,046,943 /d,/56 1,321,789 5,0/9,336 132.301,385 1.653,236 21.849,468 102,69^ 1.749,650 203.99/ 3.350.687 Banks 26,328,414 100 33.565,352 1,219,469 100 NEVADA June 29 share. 7.641.154 (100 1100 1,217,154 115 100 2.317,199 283,859 1 el.100.000 National Nomi rial, Kansas City— Baltimore Bank 53,846 8tock Yards Nat Bk Common June 29 185 Packers' Nat Bank: Flcksburg— State 100 a Omaha Nat Bank— 10 100 Common National Banks , 1,000,000 75 (30 Uo 185,298 135,073 230 254,438 Preferred First National Bank Oommon Preferred 350.000 284,000 e 375 " Nomi\nai. Per \share. Reno- 81% l42~" First Nat Bk of Nev.d 100 138 Security National Bk 100 90 100 440 470 100 300 600,0001 1.516,314 100.00021,461 330 100 100 1^5 100 200 225 Banks National June 29 100 NEW HAMPSHIRE sta" June 29 Merc Home Bk A Tr Common 200,000 I 192.00J ..... Capital notes Missouri Bk A Tr Co 353.482 100 9,319,323 170 Common 110,000 Preferred 90,000 50,000 200,000 100,000 43.166 1,930,726 129,854 104,003 65,417 3.272,359 2.3/5,000 1,475,263 100 100.000 Southeast State Bk.. South Side Bank— 71.61/ Preferred Stock Yards Nat Bk. (100 115 130 1100 50.00O 50,000 Common 1.636,727 26.191 400,00 293,687 100 100 100 re cent 100 sa les 200,000 h 579.299 400.000 601,408 590,559 6,595,286 6,467,711 6,844,624 100,575 3,379.058 (100 200.000 150,000 B»ak Head Nai bk k k Nashua Trust co. gecoadNato' Nishu* * Indian "155" Portsmouth 50 65 0 178,308 1,000,000 950.000 100,000 784.368 27.495,238 I10 10 1,192,748 2,459.920 100 95 100,000 28,084 217,683 100 230,716 7,88^,119 3.980,382 9,664.097 100 100 No None 100 re cent sa 300 325 100 135 150 80 R les * 200.000 «k nn 33,389 0 re cent 100 1,579,171 N 100 250.000 1 75.000 Preferred sa les 175 200.000 100 100 - Common. New 550.iH)j 600,000 First National Bank- 200*" 225" City Traders' Gate Nat'l Bank N 100 6,403.365 2,958,659 4,048,572 . share 100 965,865 615,798 272,242 2 JO.000 Nashua— 120 50 90 615,599 rioo 1100 7,464.900 Prr — Nat Baa* Manchester Nat Bk Merchants Nat 100 Park National BankPlaza Bank of Co ami Produce ifixch Bank. \omi nal. Manchester Amoskeag * 8.582,512 62 % 45 55 Union Nat Bank— Common Preferred University Bank W«wtport Ave liank. St. Joseph— American Nat Bank. 200.00J 500.00 Burnet* Nat Bank... First National Bank. First Prusc Co ----- National 115 2/2,283 100 100.00 FirstStJoaSt'kY dsBt 250.00c. 105,806 Tootle-Lacy Nat Bk. 200.0C 23L854 ftmpire i'ru->t Co Missouri Vail Tr Co 200.duO 129 149,32 I 60.357 3.976,475 8,108,223 2,788.099 1,163,628 107.500 I 103,866 2,578,936 120 120 15 200.000 71,5/6 2,869.313 100 80 2.000,000 400,00j 2,439,753 61.517,914 20 33 34 33/,156 5,471,583 6,111,063 8,762,223 26 ),999.65) 1,0//,001 16.652. ,)77 100 110 125 220,5J/ 100 105 *io5 Equitable Trust Co Common 92.500 30 '.OO' Cass Bk A Tr Co... * 10,200.000 First Nat Bank Industrial BkATrOo 750.000 —- 17 20 Grove 4 39% t dayo r 87.779 3.838.343 248,731 7,164.784 100.000 J Capital notes 578.500 Baas. J100 50.00c No'western Plaza Baak 8ec V 600.000 500,030 500,090 675.003 203.003 350,000 . . - Nat Bk. Thai t 75 Savs Bank . (100 3 519.975 333,447 5,822,645 100 70 80 300,000 179.524 125,978 3.399,048 935,203 10 5 7 5 3 3% 43.951 2.213,173 50 45 1.152 1 ). 060.228 100 k . 1 10 .50 83 100.100 . .. it 200,on 400.0 >) * Sale 70 price. Group, March 26, 1940. d Owned by the Transamerica Corp., San Francisco. Ca'lf. Member of Northwest Bancorporatlon. e ""20"" .... 1 uo b First National 82 73 1,522,010 / 50 1100 35 626,258 296,184 ^94,i38 4JL4I6 15 »,3 )4 732.3/3 13,351,656 6./21.512 11,421.284 7,9 18,473 4,131.952 11.655,035 20 16 100 k Preferred stock 48 20 20 20 21 25 28 1 March 85 50 Member First Bank Stock Corp. 0 al65~ 17 n 52"" i Dec. 30 1939. debentures outstanding. 1940. Price applicable to 100,000 shares of beneficial Interest, which in turn represent 3,509 shares of $100 par stock of the Mercantile-Commerce National Bank of St. Louis, Mo., held by the trustees. 0 30" 26, h Sept. 30, 1940. and com non stock or capital - American National Bank of St. Paul affiliate. p Commerc'l South Side Nat Bank Share. 15 0 "2% Jc 86.794 Retirement price. u 40% Baak Nat Bk SavsATr Southern 75,077 50. M Preferred. . 1,294,835 10 / Last sale. Common . Bank Broadway Nat Bk Bavoane Trus« t Lemay Ferry Bk A Tr Bank. Pr C» 761,571 100 225.000 1.184.566 . Seacoast Trust Co. c 200,0 '0 1 Ooramoa Manchester 500,000 7,649,478 6,214,859 ▲abury Park— Jefferson Bk A T Oo- Mutual Bk 4 705,270 Asbury Park A Ocean ----- Manufacturers v Truit ) > Per 400,000 ... Aabury PkNatBkA T Baden Bank 0 June 29 — Preferred 100 6t. IJOUIS— Common Boatmen's Nat Bk.. Bremen Bk A Tr Co Institutions State 100 ▲mer Excb Nat Bank Preferred NEW JERSEY Nomi nal. Atlantic City — Baak Guarantee BkATr Co Boardwalk Na< 455,106 155.384 Jeff-GravoL Banks June 29 105 * 418,000 400,000 91.778 255,555 3,650.966 5,422 258 100 20 50 19 Capital account. s Member of the Guardian Detroit Union Group Inc.. Detroit, Mich. t Ex-stock dividend of 33 v Nov. 12, 1940. r 1-3%. Reserve. BANKS Dec., 1940] National Banks June 29 Surplus Banks Ask Bid Par Deposits Capital Institutions State NEW YORK June 29 Gross A Profits Capital National State Institutions June 29 NEW JERSEY 107 COMPANIES TRUST AND June 29 Gross Surplus A Profits Voml Nomi nal. Farm ft Mer Nat Bk. Per $ $ 90,760 279,001 133.962 Brldgeton— Brldgeton Nat Bank Cumberland Nat Bk. Auburn- share. 100 23 25 45 50 8 9 1,038.734 26,101,159 12)6 1,479,640 36,365,415 1 _ 769,165 J 315,051 38,608 400.000 (21,278.000 d 500.000 (2 650,123 (21.114.345 500.000 228,067 46,671 99'891 401.703 7,501,380 20 17,289,922 25 4,070,423 4,489,375 ""16 14,082.969 1 2,912,977 35,979,965 385,427 93,166 3,879.029 30,332 100.000 100.000 600,000 4.000.000 j1,754.152 1.142,829 69,929,461 883,192 30 d 225,000 840.000 550.000 Bank i "15" 3 Common _ 2.200.000 2.500.000 Debentures Lincoln-E Side N Bk d ------ "6" MfrsftTrad TrCo. Marine Trust Co.... Klmlra— T|*ntunar 3X 2)6 65 62 2% —... 26)6 JSP r30 35 25 50 50 { I 7,338,155 7,297,847 1,658,587 9,502,850 25 16.433.72JL 50 400.000 650.000 172,351 533,957 5,075,909 9,559,947 250,000 240,000 75,000 428,406 13,194,334 200.000 500.000 400.000 864,053 280,711 446,083 20 4X 4% 60 58 ion Tompkins Co Tr Ob- _ 60 25 James townBank of Jamestown— Preferred "B"— M"at Bank Nat Ohautauq Co Bk Union Trust Co.. 8,536,401 4,866,227 6,778,989 3 2)6 5 5 25 r20 'loo'" 102)4 350 300 15 100 100 20 123 670 150 87 50 50 53,446 396,348 52.112 1,163,719 10,878,200 7,654,053 1,251,452 3.000.000 01,540.075 500.000 2,222,920 100 1,236.331 8,690,570 1,700,733 137,883 0 588,406 354,097 54,523,688 30,997,919 3,460,812 2,286 582 36,920.841 163,636,544 19,655,934 3,085,006 6,532.563 11.657,859 395,011 497,957 11,278,669 6,744,987 122.837 k New Brunsw TrCo— 1 Common Preferred 471.273 North ft West Hu dsonletNat Bk of Un City d 289.283 Nat Bk of W N Y— 100.000 «• 25 8 45 "mm m m mmm — IS 525,000 1,853,344 1,368,882 4,266,313 6,846,244 150.000 1.50.000 2,289,847 j 157,300 2)6 I 267.904 N 0 re cent National City Bank les NatSafetyBkft Tr r»o dl 014.300 Penn Exchange Bank d455,000 Public Nat BkftTrCo 7.000.000 Schroder Bkg Corn 5.000,000 Sterling Nat B ft T 1.500.000 "16"" 5)6 22)6 18)6 21)6 17 — "19)6 6)6 10 f§o" 10 100 5.013,366 2,413.439 1 50 1 Trust 25 50 n 28,993 1,425,131 100 1,609,494 13,332,449 4,359,280 8,772,194 27,626,769 20 Com-Mer Tr Un City 100.000 Gutt'b'g Bk ft Tr Co Weehawken Tr Co 400.000 HudoTr Co Un City. dl ,995,000 81,287 308,025 163,133 365,000 1,151,652 PassaicPassaic N BkftTr Co d2,000,000 1.000,000 People's Bk ft Tr Co. 2,699,917 571,948 33,733,759 12)6 6.068,505 a 25 r50" 3 77 500.000 75,700 7,135,800 350"" 13,977,572 237,458,000 100 342 If 15 M 17 X 26,949.700 644,238,000 40 859,878 c 7.716,625 33 "35" (7136804548 3248412000 180 174 (78,662,896 136,042,000 680 720 4,118,239 61,074,000 1685 1725 (7108927576 737,163,000 (72,215.643 046,906,984 120 130" 330,800 c 6,688,700 40 45 346,000 sl0,547,400 26 X 28X (769711888 2751170000 12 X 10)6 12)6 1,156,915 418,551,161 10 322,303 c 3.506,162 29 X ~31X 10,067,706 144,722,000 17)4 3,058,840 022,502,892 25 "26)6 "28)6 2,735,371 031,605,970 12& 2, 1940. Oct. 217,600 4,603.800 500,000 14,246,273 1.300,000 1,105,094 652,300 285,300 1 000,000 Bankers Trust Oo 25 000.000 82,524,900 1227336500 Bronx County Tr Oo d2.642,500 226,800 25.256,400 Brown Bros Harriman ft Co 2.000,000 11.265,254 121,541.297 Cent Han Bkft Tr Co 21.000.000 73,554,917 1238983327 Chemical Bk ft Tr Co 20.000.000 57,689,600 803,957,300 co retarns date, 100 50 Bk of Athens Tr Co. Banco dl Nap Tr Co B'kof Montreal Tr Co "16 "59" "el"" . lOO.iW'O 1,000,000 . 10 100 10 25 1)6 175 "15" 8 2 2)6 162.300 64,371 619,281 70,276 _ 5,369,093 1,241,854 16,331,387 4.227,321 25 N 0 100 100 re cent 100 sa les 631.449 13.918,683 /100 1 60 497,808 150,000 600.000 594.000 1,506,392 2,681,737 15,652,478 550,801 55 50 50 25 50 12 ""65" 25 25 160 1 70 28 26 6 25 \12li 750.000 60 "75" loo"" 8.746.931 / 17,559,571 J100 - 20 60 30 25 10 10 20 100 50 14 15 48)6 49)6 "46)6 49)6 87.017,600 8,940,100 14,758,800 Continental BkftTr 4.000.000 4,471,500 64,573,000 Corn Ex Bk ft Tr Co 15,000.000 21,193,092 367,717,417 400,200 23,900 Corporation Trust Co 500.000 Empire Trust Co.3,500,000 3,238,833 73,650,885 Equitable Trust Oo 332,300 1,700 500.000 Federatk n BkftTrCo 1,446,141 12,303,676 825.000 Falton Tr'-"t Oo 2.000.000 2,890,500 26.698,700 Fiduciary !• ost Co 1,000.000 2,421,860 21,833,037 Guaranty Tr stOo on. ooo.ooo 185795957 2291011486 Hellenic Bkft PrCo 389.823 4,639,778 I 000.000 Irving Trust Co 51,010,000 53.451,700 741,576,700 J P Morgan ft Co Inc 20.000,000 20,000,000 652,359,900 rl2)6 18 22 200,000 200,000 1,500.000 Trenton Trust Co... dl .874,000 705.130 2,907,619 55,232 74,234 1,192,985 612.984 15,257,250 48,880,624 1.259,977 1,521,364 31,867,919 27.303,968 50 100 40 10 100 100 15 20 20 30 50 40 45 10 /l 2 3X 4X Debenture notes Trade Bank ft Tr Co Trust Ooof Nor Am - Underwriters Tr Co U S Trust Oo of V v * Mechanics' "298"" "iix 303 12 X "28 " "3l" 37 52 X 20 ( 10 t 4X 109 25 25 39 54 X 4X 112 200 12 2 X {.! 10 3X 16 100 100 "80 ' "90" 100 1505 3,926,000 409,200 "206" 220"" 20 6,000,000 13*536,231 20,966,649 6,158.504 9,737,306 607,611 d 700.000 d 8,531,000 306,800 700,000 17,612,662 1,000,000 1,161,368 2.000.900 28,889,700 120,372,000 Jamaica, L.I Jamaica Nat Bank— d Woodbury— 25 140151109 Common 12 loo . 50 Trenton— Prospect Natl Bank. Security Nat Bank.. Trenton Banking Co 10 100 100 100 100 10 Schroder Trust, Co. 1,800,248 19,409.246 1 000 .000 2 000 000 Lawyers Tr Oo 38,490.972 1,954,515 Mfrs Trust C<v Common 856.162,984 32.998,440 Convertible pref.. 8,749,520 Marine Midi T' Co 6,000,000 9,510,200 140,804,200 New York Trust Co 12. ">00.000 28,009,026 489.719,088 Pan American Tr Oo 8,074,865 182,424 600.000 Savings Banks Tr Co d29.997.000 6,314,000 237,054,500 Title Guar ft Tr Co — . "35" 25 _ _ Broad St Nat Bank. 977.500 Flrst-Mech Nat Bk. d3.123,000 102)6 51)6 20 10 Bank Farmers' Trust Co.. 10 000,000 15,058,000 Clinton Trust Oo d 340,000 700,000 Colonial Trust. Co 475,800 1,000.000 . 20 17,549,677 27,888,839 6,680,723 j 122,762 600.000 \ 100 17)6 1 City . 680.000 1 15 1 _ Paterson— Preferred 520,000 Haledon Nat Bank.. d 70,446 97.000 Nat Un Bk of America d 46.266 290.000 Paterson Nat Bank— 600.000 01,570,978 -Second Nat Bank 1,500,000 01,018,057 Paterson Sav Inst... d2,000.000 1,348,538 35 . 33 31)6 Plalnfield— Piainfield Nat Bank. 425.000 LOu.OOO Mid-City Trust Co.. d Plalnfield Trust Co.. dl,150.000 d State Trust Co. 247.500 les 100 100 ilway" Sec 25 I sa of Nov. 28, 100 10 25 50 25 25 b o re cent 10 100 rted net and Deposits N ew York Ci ty banks are repo 1940 1940. Sur plus and p rofits are of date June29 1940, for State banks, a di ridend record for National and Oct. 2, of banks and trust companies in New Yo rk City and Broo klyn m ay be found in our"Ra tion,pps.2 11,212,213, 214, 215 an d 216. are ... sa 59,030 170.085 N O mot? Amalg Bank of N V 550,000 Bank of New York-. 6.000,000 Bk of the Manhat Co 20.000.000 Bank of Yorktown 1.000.000 Chase Nat Bank 100.270.0fli Comm'l Nat Bk ft Tr 7.000,000 Fifth Ave Bank 500,000 First National Bank 10.000,000 Grace Nat Bk of V v • 500,000 Merchants Bk of N.Y 400,OOn Nat Bronx Bank d 745,000 33,845 142,691 889,193 151,013 107,779 530,290 513,540 Ulster 61 57 100 490 25 h 14 8 19 4 X 10 j §2.750 432,181 250.000 Nat'l New Yorv Citv- 100 14 100 200,000 Bank of Kingston Readout Nat Bank State of N V Vat Kingston Tnist Ho I25" (50 Kingston— First NBkofRondom ------ 15 3,027,401 1,513,834 459.514 526.980 301.000 Federal Trust Co 1.622.500 (27.000,000 Fidelity Un Tr Co Merch ft Newark Tr. 2.500.000 Union National Bk.. d336.300 United States Tr Co. 600.000 West Side Trust Co 1.022.425 New Brunswick Nat'l Bank of N J— d 860.000 300.000 Peoples Nat Bk 1555 — Sale price. t Quotation for the Marine Midland Corp.; none available for trust co. National Bank First Nat Bk ft Tr Co Woodhurv Trust Co 100,000 200,000 100,000 . . 3,015.946 3,291,555 50 1,451.758 575,455 445,422 250,029 10 10 60 70 a Only outstanding stock of People s Bank t Trust Co pref. stock of the Realty ft Security Co MEW YORK State Institutions Includes d National Banks June 29 of Passaw*, N. J. is $1 par b Common and oreferred stock e Oct. 2 0 security stock c -1 or capital March 29, 1939. 1940. Oct. 2, • »• » «»■* «u stand'ng. / Resarves. Sept. 30, 1940 h Preference B stock. Nomi nal. Albany— Nat Com Bk ft Tr Co 9 18 16 tthaca— First National Bank TV Co Elm Ira Bk ft Tr Go. 110 Clinton Trust Co d Columbus Trust Co. Mech ft Farmers Bk 8)6 (10 125 10 150.000 Preferred 55 82 1560 20 The WMrst 396,948 4GC.581 37.771 870,707 600.000 884.000 ... 77 100 1510 2 286,608 10 154,804 10 7,835,429 101,713,770 6,759.875 169,485,240 c 32 t 5.000.000 (8.500,000 Common. Preferred "A" 100 100.000 U S Trust CoCommon 48 100 100 11,689,023 5 r 50 200,000 Prospect Pk Nat Bk. Citizens Trust Co— Common 100 2,040,419 1,041.565 X 2,852,848 600.000 First National Bk— Common 85 100 55,205,402 |2,679,312 200.000 . Preferred Hamilton Nat Bank of Weehawken Liberty National Bk 1940. 33 >i 800,000 800.000 "28" 10,425 566,176 200.000 Common....- "4H 3 500.000 _ ft iOO.OOO 4% Liberty Bk of Buffalo 2* 12 1 230.000 Lincoln Nat Bank Franklin Wash Tr Co Mt Prospect Nat Bk. Nat Newark ft Essex 50 t 60 149,000 83,400 278,400 362,400 Lafayette Nat Bank d d Psoole's Nat Bank Brooklyn Trust Co- 8.200,000 /250 100 2, 3,877,600 3,469,800 9,371,100 6,292,200 7,135,520 129,664,847 6,575,191 55,596,767 240.000 d Mr King* Co Trust Co.. Buffalo- 100 25 52,724,540 X IX X / 25 I 3,400,000 Bank of Commerce of Newark Farm 100 Platbush 1 10 1.250.000 1 2,000,000 Morrlstown Trust Co Xt. Holly— Union Nat BkftTrCo Farmers' Trust Oo__ Newark— Preferred 9,474,446 10,320,949 8,722,890 Brooklyn—State B ank A Tru st Co. retur ns date Oct. banks June 29, 1940. National 3,511,300 Nat Bk d 197,400 iOO.OOO IX 35 54,323,366 100 3,671.682 37)6 Long BranchLong Branch Bkg Co Morrlstown— > First National Bank. National Iron Bank. d American Trust Co.. d Guttenberg 1,034,409 636,465 577,447 Bensonhurst LI H 2,225.000 01,537,192 93,811 200.000 n d Hudson Co Nat Bk— Common Preferred Banking Co National State Bank '*18.717,697 294.837 0 Jersey City— First National Bank. Bergen Trust Co Commercial Tr N J.. North Bergen Tr Co. Trust Co of N J— Common Preferred A First National BankMarine Midl'd Tr Co 3 % 3 3,261,961 33)6 68,197 200.000 Elizabeth— ' ■llxabethport BkgOo d Franklin Nat Bank 10 100 100 Citizens Bk of Bkly last Orange— Ampere Bank ft TrCo 8av Inv ft Trust Co: Common Preferred.. National State Bank Central Home Tr Co Elisabeth Trust Co.. Union County Tr Co Hoboken— Seaboard Trust Co.. 4 3 47,603 1,319,078 FlrstCamNatBftTOo <22,150,000 Merchantville Nat'l Bank ft Trust Co. Camden Trust Co... 6,098,535 5,804,784 Bfnghamton — City National Bank Oamden— 489.970 131,313 400,000 600.000 500,000 Auburn Trust Co nat. Pe> shar. % 400.000 675,000 Nat Bank of Auburn 100 20 2,256,458 5,153,603 1,766,151 Ask Bid Par Deposits ner 250,000 1.500,000 2.000.000 State Bank of Albany First Trust Comnanv *1.960,000 1.546,289| 6.16.,735! 3,908.077 68.334,643 4.03 >,950! 105,.697.406 744.515' 23,939.654 share. 650 1 Controlled ft'Dec. 31. by Marine Midlani 1938. ' 415 430"" n Dec. 100 240 250 r Preferred stock retirement nrice. 50 20 22 s June 30, 29 1939. 1940. Corp. / Last 0 100 100 March 26, sale, 1940. 108 AND BANKS National Banks NEW YORK June 29 Capital Surplus & Profits COMPANIES TRUST State Institutions National Banks Oct. 30 June 29 Cross Deposits Par Surplus & Profits Capital Bid National Banks June 29 NORTH DAKOTA Cross Nomi nal. Per share. $ Lincoln-Allia Bk&Tr Common 2,800,000 12,262,859 2,000,000 4% Conv.Preferred 28** SOX 49 81,342,922 [ 20 \ 50 Ask Bid Par Deposits Ask Nom. Rochester— ^ 52 $ 172,623 137,217 210,381 $ 175,000 50,000 500,000 150.000 Fargo— Dakota Nat Bank.. Fargo National Bk.. First Nat Bk & Tr Go Merch Nat Bk&TrOo 0 0 n ♦1212,266 $ 2,481,201 1,913,498 7,052,935 3,674,958 Per • prices share. 100 100 n N 100 25 re cent sa 168 o Central Trust Oo— Common.- 400,000 — - 742,500^ Preferred }■ 911,717 Genesee Vail Tr Co.. 02,160.000 Roch Trust & S D Co 1,000.000 17,351,437 I 10 10 I 532,961 2,708,985 8** 10** National Banks "16"" 20 62 700 900 OHIO June 29 72 Institutions State ...... 25 17,854,563 32,664,270 Sept 30 Security Trust CoCommon 300,000 200.000 - Capital notes Union Trust Oo: Common J2,544,198 36,616,917 1100 271,303 200,000 1 470,000 Capital notes__— First-Central Tr. Oo. 01,050,000 1,085,578 128,633 100.000 Goodyear State Bk. . 775,337 600.000 Firestone Pk Tr&S B Common 3,000,000 800,000 — Capital notes Schenectady— Mohawk Nat Bank— Common Jl,154,977 281,631 200,000 253.590 - Preferred Union National Bank Citizens Trust Co— 400,000 Lincoln Nat B & TOo 010 26,090,182 10,965,288 20 30 34 20 30 34 1,000,000 1,400.000 Jl,190,212 Manuractur Nat Bk. 01,400.000 National City Bank. 600.000 0 Union Nat Bank 600.000 1,502,639 959,847 220,917 100 100 200 3 48,740,930 X 2** Syracuse Trust Co.. 29,507,662 9 U? 294.500 201,711 , 215,000 2,500,000 Preferred | 590,040 32.504,674 25 25 16»i 50 4 5 12 17 30 PM:::::: 060 Oneida Nat Bk & Tr CincinnatiBank— Clnn Bk & Tr Co... Oolumbia Bk & S Co Trst National Bank. 600,000 135,000 Preferred Waiertown— Jefferson Co Nat Bk 400,000 Atlas Nat |" 670,312 103,516 396,000 10,685,792 ( 20 1 25 5,061,437' 200,000 173,350 0 0 210,000 99,600 250,000 Preferred | 195,798 35 N \ 40 500,000 1 Capital notes. Westchester Go— 613,949 11,084,296 160.000 o les 80 10 90 9X 100 100 146" 144 136 90 100 Bank.. 500.000 100 234 60 250 150,000 0 525,000 1,800,000 1,000,000 500,000 01,550,000 5,000,000 06,500,000 Nat People's Bk & 8v Oo Prov 8 Bk & Tr Oo. Second Nat Bank. Western Bk & Tr Oo Trust Oo— Central Equity Sav & L'n Co L,orain Street Bank. ^ational City Bank. Amer Bk Oo. J125 North The Bank of Cleve.. Bronxville— 229,330 5,830,716 11,418.306 1,428,222 I 2,380,331 257,435 388,444 3,401,992 3,756,452 48,230,379 1,167,513 19,216,433 8,682,429 680,132 410,837 12,001,470 81,852,398 2,558,653 4,293,728 119,949,044; 50 100 "29X 10 100 31 154 100 10 125 5 100 92 94 100 94 97 10. 230 55* 261,709 300.000 0 5,733,008 ' 5,000.000 101413453 146,153,128 7,440,000 2,613,022 588,451 250,000 I 7,532,265 779,841 400.000 I 0 5,687.405 151,542 471,000 9,000,000 05,550,874 192,197,981 924,443 0 53,502 180.000 1,486,872 84,873 100,000 I 20 I 8X 16 .10 024 ~40' 100 100 70 60 20 ~27X "295* 100 Cleveland Trust Oo Gramatan Nat Bk & 108,896 146,772 3,679.840 4,542,714 First National Bank. 0 600.000 Fleetwood Bk (The). 0 267,500 Mt. Vernon Tr Co.— 01,020,000 New Rochelle— 694,260 152,930 956,437 12,198,200 3,336,477 6,584,930 Central Nat Bank 115,000 300,000 329,200 800,000 112,405 383,181 77,468 522,065 2,186,976 4,684,622 1,613,385 14,537,206 200,000 350,000 229,587 104,196 1,730,910 2,548,724 0 20 8 12 100 125 150 Vernon— Capital notes 13.000,000 Union Bk of Comm¬ 4,000,000 0 First Nat Prnk Huguenot Tr Oo 0 New Rochelle Tr e 90 27 2 1 1 20 28 IX si* 10 10 20 100 25 50 City Nat Bk & Tr Oo Columbus Saving Bk 1,600.000 100.000 100 3,212,608 10 33,092,563 100 1,891,424 2.832.546 ion 100 59,498,811 100 3,870,228 100 1,722,091 78.456.379 b 20 Fifth Ave Sav Bk Co b Huntington Nat Bk. 200.000 03,000.000 200.000 100.000 64.000.000 395,177 8,291,278 170.000 30,000 49,087 Common 100,000 485.000 Preferred 1.602.723 18,401,258 4,768.805 50 500.000 1,500.000 750,000 Common 885,036 12 Port Chester— Rye— Rye National Bank.. Rye Trust Co 66,498 49,551 113,972 500,000 185.000 Tarrytoivn— Tarrytown N Bk & Tr 81,015 200.000 5,840,054 2,736.144 5,370,805 1,918,729 2,196,928 20,290,747 3,063,259 15,026,319 ,142,107 110,864,810 979,465 442,231 902,804 Commerce-Guard Bk 1,000,000 300.000 Ohio Citizens Tr Co. 0 600,000 Toledo Trust Co.. 5,000,000 Foungstown— 15 10 8 50 12 100 50 Common 1,250.000 [I 666,752 Capital notes 1,200,000 643,608 Mahoning Nat Bank 01,563,000 Union Nat Bank.... 1.250.000 2,016,690. Ctfs Tr Bank 61,705 784,000 0 Common Preferred 200,000 150,000 ... County Trust Oo Ja 211,980 7,661,374 100 12 17 5,848,797 25 24 29 of Ben Fund 96 + 32 33»» 50 20 "375* 50 63** 50 12 25 20 "25" 14.428,073 12** {.! 14,673,228 22,092,254 15 130 100 "Is" 150 Own ~23 C-2 City Tr & Sav Bk— 510.000 1,212.500 Capital notes..... I 280,073 7,203,039 25 100.000 75.000 Common 25 225,878 127.000 2,497.903 1,300,000 4 100 30" 1,223,027 18,879,439 672,245 6,260,409 10 20 23 903,835 750,000 "29" Dsllar Sav & Tr Oo— White Plains— Peoples N B & T Oo: 170 72 220 97 40,405,826 1100 I 60 Spitzer-R T & S Bk. 39,456 155 60 190 Toledo- 10 403,157 176,250 / 22 Winters N B & Tr Oo 50 Preferred 1st Nat Bk & Tr Oo. Mutual Trust Oo 20 "25 Third N B & Tr Oo 50 18 110 {100 824,323 Preferred Common 31,914 2.074,735 167,807 168,494 2,653,653 212,336 116,767 3,522,486 200,000 205,000 740,000 Common Preferred Westches Oo Nat: k Dayton— Merch N B & T Co- Peekskill— Peekskill N B & T Oo 12 250,6u0 86 Columbus— Ohio National Bk 0 100 Brunson Bk & Tr Co Market Exch Bk Co. Northern Sav Bk... Ossining— First Nat & Tr Co Ossining Trust Co.— 64** 38,296,792 3,183,433 110 22 79** 100 3,088,512 900.000 I 295,368 union Sav & L Oo 100 100 100 13,800,000 16,220,397 410,993,630 Common 200,000 350,000 Tr Co Bronxville TrCo Citizens 277 100 100 100 Clev Sav & Loan Oo. rec ent sa Common 100 500.000 I Common-. Preferred Northern N Y Tr Oo \ 1,999,771 92,335,703 1,511,303 145 100 50 4,667,395 11,940,162 Cleveland— 20 4,223,558 I les 60 10,054,476 3,155,676 7,992,606 271,450 6.000,000 0 Amer Sav's Bank Water town Nat Bk— Common o re cent sa 100 2,693,772 18,916,716 Central Nat Bank— 0 5 Nsrwood-Hyde Park Flfth-Third-Un Trust Common N 161,749 500.000 Geo. D. Harter Bank So Ohio S Bk & Tr Oo FirstBank & TrustCo 100 Narthside Bk & Tr Oo 21,947,577 i 25 12,499,894 6,561,491 3,995,005 31,471,562 5,017,392 17,294,842 1,446,726 212,003 980 000 Lincoln 0 100 328,401 1,304,562 233,219 892,174 436,325 Bk & Tr Co.. Dtica— Mount 0 0 Guardian Bk & S Co. - Capital notes Troy— Troy Trust Co 300,000 I Dime Savings Bank. First National Bank First Tr & Sav Bk. 965,215 710,034 750.000 18,616,634 Canton- 10 1,518,193 03,987.948 - 10 6,430,843 100 534,344 1,483,451 Common 1130 8,031,344 7,583,992 16,330,154 355,116 a 1,200.000 Merch Nat B & T Oo First Trust & Dep Oo 47,639,397 I 300,000 750.000 Schenectady Tr Co.. Syracuse— Common— Nomi nal. Per share Akron— Dime Savings Bk Co 9,995.059 25 18 22 Yonkers— Central Nat Bank First r* National 350.000 a Bank 300,000 in Yonkers Yonkers Nat Bank & Trust Nomi nal. Outhrle— First National Bank- Oo— Common 331,994 150.000 Preferred 8.458,786 400. nnn First State Bank... McAlester— 10 h. 20 Per 100 share. N Nat Bk of McAlester First Nat Bk of McA 0 25 re cent 100 sa les 301,442 316,097 2,872.116 2,236,234 203,651 470,308 434.693 100,000 100.000 3,126,170 3,621,670 4,976,304 100 6,622,167 57,573,043 6,739,117 21,584,930 1,652,242 15,533,875 1,186,432 100 150 55,775,625 Muskogee— Citizens National Bk Commercial Nat Bk. First Nat Bk & Tr Co NaXn, ilnk' NORTH CAROLINA Nomi nal. Asheville— Per 200,000 k First Nat Bk & Tr.. 225.000 4,000,000 share. 530.799 500,000 k 759,029 300,000 1.200,000 2.982,863 Union Nat Bank.-. American Trust Co.. Durham— Citizens' Nat Bank- Fidelity Bank Depositors Natl Bk Durham Bk & Tr Co Home Savings Bank. Mech & Farmers Bk- 9 9 200,000 » Greensnoro— Guilford Nat Bank— Security Nat BankRaleigh— First Citizens Bk&Tr 150,000 500,000 300,000 100,000 210.000 200.000 800.000 00 750,000 Wilmington— People's Sav Bk & Tr 100,000 Wtlm Sav & Tr Co.. 300,000 13,849,513 7,582,624 74,838,318 100 100 100 Oklahoma Nat Bank. 300 306 81,927 1,586,615 100 25 71 20 25 27 100 200 225 119,792 54,981 14,3/8,213 2,283.534 6,830,178 2,090,954 1,105,471 25 40 45 297,299 512,557 5,286,346 15,087,392 1.830,631 185,178 789,504 19,275,976 3,136,052 6,859,343 25 73 25 77 73 30 25 500,000 Stock Yards Bank... 60.000 386,555 4,073,215 277,843 1,099,491 53,334 499,826 25,528 2,000.000 3,262,034 200.000 5.000.000 16 Common Preferred 17 Common 85 25 30 35 10 30 35 West Tulsa State Bk tToledo banks Branch Bkg & Tr Oo - - Preferred Nat Bk of Wilson 400,000 11,445.276 100,000 245.826 100.000 18.207,278 flOO 1160 25 2,466.205 250 275 200.000 First National Rank. 200 000 Wachovia Bk & Tr.. 04 .275.000 105,150 2,240.910 132,721 4,142,192 3,455.505 104,541.524 200 24 10 21 50 50 70 100 180 210 100 100 100 125 150 200 100 J 379,006 100 125 2,700.000 13,624.222 600,000 25.000 k 16,313 66,102,411 20 28 f 20 40 1 6,773,353 20 30 mm rnrn.-mm 20 5,025,718 "15"" 20 10 26 30 1 on a f I 20 393,429 September 30, 1940. Capital account. 100 b Member of the BancOhio Corp. d Feb. 29, 1940. / Dec. 30, 1939. e Common and preferred stock or debentures outstanding. 0 Retirement price. h In liquidation. 1 Controlled by Marine Midland Corp. 10 11 15 17 100 158 162 k March 26, 1940. 13 10 I June 29, 1940. r Reserves. n s Member First Bank Stock Branch of Smithfield. N. C, 1 M. price range basis. a 0160 W(nitoQ-8al«m— City National Bank. 125,000 175,000 350.000 92,013 0 c Wilson— Common mrnm Nat Bank of Tulsa— Preferred 80 - 100 Tulsa— First Nat Bk & Tr Oo Fourth Nat Bank— Nat Bk of Oom'erce. 10 10 100.000 Tradesmen's Nat Bk 220 - 100 Oklahoma City- City Nat'l Bk&Tr Oo 500.000 Fidelity Nat BankLiberty Nat Bank.. 01,200.000 1,187,014 188,257 454,853 400,000 First Nat Bk & Tr Oo 20 Charlotte— Commercial Nat Bk. 100.000 300.000 Corp. BAMS Dec., 1940] National Banks Surplus & Profits Capital Institutions State OREGON June 29 PENNSYLVANIA June 29 Ask Bid Par Capital Eugene— $ $ 200,000 472,146 Per $ 9.046.460 . (Concluded) share. Mellon Nat Bank Nat Bank of America 100 Portland Tr A Sav Bk United States Nat Bk 150 40 38 100 6,934,956 117,908,762 5,353,164 475,203 6,298,741 150,565,209 3,000,000 300,000 4,500,000 100 20 42 40 200,000 40 50 50.000 65 50 Per 1,879,341 2.090,578 1,356,991 1,025,113 1,000,000 1,000,000 450,000 500.000 share. 145 10 135 35 19 100 14,604,703 9,501,338 90 105 100 25 5,941,275 7,701,774 38 22 23 25 17 25 Union National Bank Union Savings Bank. June 29 Allentown— Lehigh Vail Trust Oo 25 1,942,958 11,781,402 1,119,210 1,412,800 1.679,598 41,516,635 36,299,505 4,077,461 5,535,905 32,960,086 21,603.931 2,813.555 27,695,935 166,329 200,000 2,000.000 s4,228,875 6,105,595 1.000.000 Western SAD Bank d 513,779 490.000 851,688 700.000 Allegheny Trust Oo. Colonial Trust Oo 43.563.200 2,392,700 Oom'wealth Trust Oo 1.500.000 2,777,672 Dormont SAT Oo. 130,192 125.000 Fidelity Trust Oo 2.000.000 11,559,580 Manchester Savings DEMWQVI VA Ml A State Institutions lEilYilu ILV All! A Nomi nal. Merchants Nat'l Bk_ Second Nat bank.. Bank 1,881,974 St Clair Deposit Bk- National Banks June 29 Allentown Nat Bank 103,638 178,410 784,063 123,435 174,575 141,625 1 95,000 200.000 700,000 Sheraden 100 7.500,000 S40084.741 406,762,649 Common.. Preferred Nor Side Deposit Bk Pitt National Bank 155 Ask Bid Par Nomi nal. Per short. Polithanla State Bk PortlandFirst National Bank. Cross Deposits Pittsburgh— Nomi nal. First National Bank. Surplus & Profits Cross Deposits 109 COMPANIES TRUST AND ~ a25 ~ 16 73 50 »«. - 100 100 50 100 100 100 50 25 3 114 30 60 36 60 70' 60 40 80 2,615,000 50 27 Trust Co. 6.000.000 sll,439,430 105,660,943 Potter Title A Tr Oo 4 875.000 409,989 7,647,041 20 28X 29) 5X 7) 270,218 150.COO 2,208,478 South Hills Trust Oo 433,715 1.842,019 125.000 Union Trust Oo 1.500.000 100346112 299,027,060 6.289,490 500,000 1,365,829 Washington Tr Co.. West End Bank 193,991 200.000 1,878,486 William Ponn Tr Oo. 4 2,176.369 175.000 144,851 100 100 Bank A Trust Oo. 400,022 250,000 People's-Plttsburgh Altoona— First Nat Bank— Common.. Preferred Altoona Trust Co— Common 150,000 287.900 Preferred Central Trust Oo 337,091 250,000 263,390 249,300 - 490,033 7.036.073 105 100 100 100 13 12 10 4,877.441 10 300,210 _ mtmm* 100 95 100 3.225,636 5 Provident Trust Oo. 85 90 6400 100 6000 50 106 10 50 5 30 75 Worklngman's Savgs ErieBank of Erie First National Bank. 200,000 ,060,000 Lawrence Park N Bk 169,778 565,344 51,693 351,192 50.000 Marine Nat Bank Nat Bk & Trust Co.. ,264,000 300.000 10 1,234,457 16,257,114 100 1AA 868,545 1UU 7,557,879 66*3 Oommon 306.477 4.481,217 15 347,006 300,000 721,850 200,000 (The) H&rrlsburg— Allison-East End Tr. Capital Bk A Tr Co. Harris burg Nat Bank Central Trust Oo 1,143,959 10,017,720 50 Union National Bank Berks Oo Trust Oo 1,000.000 1.800.000 Oity Bank A Tr GoReading Trust Co.. 300.000 690,188 1,473,601 544,564 2,353,934 7.420,932 21.844,789 4,315,293 18,245.0071 10 5 10 10 16,227,022 1,797,033 I 1•tiI• 11i«lI 50 50 • 1 f 1 II f 50 101,839 1 1 i I f 1 I i a50 1,170.300 157,726 483,100 844,013 943,732 32,511 1,425,960 1,448,035 84,567 300,000 400,000 Citizens Trust Co 125,000 400.000 Dauphin Dep Tr Co. Harrisburg Trust Oo 400.000 Market St Trust Co- 225,000 2,966,879 5,248,972 7,426,610 4,996,235 1,208,094 15,838,844 19,289,434 1,350,547 4 10 10 ffi Scranton State Bk First National BankGreen Ridge Bank North Scrant Bk A Tr 5 12 X 14 50 50 78 67 10 10 25 37 68 50 15X 17 57 Providence 41 25 ' 53 73 10) 173 5 7 10 17 Sor&nton— 206,098 5,664,038 167,208 300.000 Q 326,680 300.000 64,446 Bank 1,383,144 60,943,413 1,638,171 3,242,754 919.626 25 204,531 2,900,236 814,914 1,010,670 583,948 4,916,283 17,554,731 2,901,939 50 75 25 25 188,090 1,963.697 200.000 4.050.000 200.000 . 396,510 300,000 100 Beading- Security-Peoples TrPreferred Union Bank 400,000 Bank A Trust Oo. I 27 18 25 21 50 59 63 15 20 22 30 35 22X 8 50 Scranton Nat BankCommon Preferred South Side Bk A Tr. Third Nat BAT CoWest Side Bank 12 I 200.000 50,000 400.000 1.000,000 250.000 25 • "35* - -«»«» 37 40 37 62 58 Penna Trust Oo— Lancaster— Oommon Oonestoga Nat Bk— 400,000 Fulton Nat Bank 600,000 575.000 Lancaster Oo Nat Bk d Farmers' BkATr Oo Common s 300.000 Preferred Northern Bk A Tr Oo 47 50 103 106 10 13 14 First National Bank Hanover National Bk 5 Miners Nat Bank Second Nat Bank W-B Dep A Sav Bk. 960,588 1,572,557 779,332 11,106,143 11,530,138 9,210,855 20 508,992 6,859,548 s 71,940 300,000 20 60 50 Preferred--, 233,701 10 1,769,841 4X Philadelphia— Central-Penn Nat Bk 3,040,000 s7,281,376 City National Bank. 41,100,700 297.456 Corn Exch Nat Bank A Trust Oo 4,550.000 Erie National Bank. d 440.000 First National Bank. r3.ll 1.00U 50 $9,370,239 131,260,034 20 148,749 Preferred North Broad Nat'l Bk 108.000 I 92.000 250,000 Northeast Nat 200.000 Bank 5,204.415 110,911,496 10,724,359 40,024,790 15,064,083 60 100 10 43 X 76,741 2,428,397 10 4X 227,474 285,859 2,457,824 4,296,474 60 Northw'n Nat Bk— Common jc 160,228 7,442.075 I Tioga Nat Bk A TrOo d Tradesmen'sN ational Bank A Trust Oo. Wyoming Bk A Tr__ Broad Street Trust— Chestnut Hill T A Tr Citizens A So B A Tr Fidelity-Phila Tr Co Finance Oo of Pa Frankford Trust Oo. German town Tr Oo. Glrard Trust Oo Industrial Trust Oo. 200,000 85.000 400.336 \ J 195.522 102,260 Land Title Bk A TOo Oommon... Preferred 1,875.000 152139671 6,500,000 f Liberty Title A Tr Oo 1.000.000 $1,151,932 Mitten Bk A Tr Oo 1,500,000 $ 658,085 Ninth Bank A Tr Oo d2,200,000 664,558 Northern Trust Co.. 500,000 3,166,218 Nor Phila Trust Oo. 600,000 1,378,114 . Penn Oo for Insur 50 Preferred Drov A Mech N Bk. First National Bank. Indus N B West Y K. Western Nat Bank.. York Oo Nat Bank.. 5X ..... 72 14 a25 los" 100 37!S 50 York N Bk A Tr Oo. Guardian Trust Oo.. 109 Vnrk TVnetrio Lives A Grant Ann Penn W'h'g A S D Oo Security Bk A Tr Co Sonsitaly Bk A Tr Co 10 20 214,242 2,392.859 f 3,343.815 8,502,394 1,801,578 5,962,607 6.492,016 5,872,535 4,779.927 8,166,740 , 50 10 1 600,000 125,000 225.000 953,440 300,000 500.000 500.000 •*«;n 74 175 185 14 15 44 48 16 20 20 21~" 10 30 567,242 776.340 1,413.385 non 8 10 5 10 10 10 100 20 25 25 10 15X 15 185 58 36 IS" 190 60 3 38 57 54X 17 X 1SX RHODE ISLAND 13 Nomi nal. Newport— 5X 117 SX 6X 11 Per A juidneck Nat Bank Oommon 121 Preferred Newport Nat Bank.. 13 Newport Trust Oo-_ Providence— 8 8 11 192 198 140 145 400,000 \ 374,839 6,142,356 125 81,974 100 Blackstone Oan NatColumbus Nat Bank: Oommon 34 35X 10 10 5X 55X 2X 56 X 3 23 24 Nat Bank of OomATr Pbenix Nat Bank 30 a25~" 125 120,000 300.000 469,979 632,984 2,809,909 500.000 60 "'60'" 1,040,440 5,947,450 25 76 111,435 88.565 J 100,522 2,001,239 (10 10 120.000 271,884 1,762,544 81 12 Mechanics Nat Bank 25 share 150 175.000 igx 10 10 Preferred 7 High St Bk A Tr Oo Common 60 50 10 "30X ~32X 14 2X Providence Nat Bank Industrial Trust Oo. Lincoln Trust Oo 17 3 100 495 50 75 10 3134 32X 35 38 510 80 Rhode I Hos Nat Bk. Rhode laid Hos TrCo Onion Trust Oo 100 100 262 60 10 50 50 272 40 50 Woonsocket— Woonsocket. Trust Oo d 20 25 15X 4X 110 50 367,500 5,106,875 J25 132.500 \25 850.000 848.434 50 7,975,942 50 450,000 909,013 4,685,112 ,500.000 2.459,720 14,280,277 100 100 .000.000 10,714,847 119,592,610 125,000 c 217,908 1,946,783 25 .500,000 3,124,273 59,312,254 *100 .000.000 12,022,925 41,908,320 1000 .000.000 1,404,244 24,930,048 100 J 256,568 Preferred \ 100 8,400,000 $14784225 277,520,973 750,000 1,203.381 604,029 3,200,000 $9,764,157 56,036,938 1,500,000 2.516.003 10.728,940 300.000 362,706 4,097,809 125,000 43,622 1,083,639 2,596,313 4.968,483 6,387,166 $ 250.000 190.000 150.000 June 29 11 on Provident Trust Real Est Tr Oo 250.000 350.000 225.000 National Banks 100 100 12,442,259 7,025,365 19,678,114 14,239,638 8,187,803 226,582 372,550 437,372 110 52 71 25 100 33,631,439 I 50 YorkOent Nat Bk A Tr Co Oommon 45 10 3,673,939 / 20 t 30 25 2,549,003 3.300.000 5,022,400 51,358,880 d 300.000 112,968 3,291,641 400,000 531,193 2,754,873 250.000 c 100,294 1.672,953 125,000 13.813 680,320 6.700.000 $13906787 131,044,303 2,320,000 9,113,612 1,136,826 600,000 1,770,667 11,865,349 1,400,000 2,219,793 21,563.803 4.000.000 10,398,996 123,551.406 dl.132.250 c 947,459 11.966,499 12 25 105 40 50 100 25 313 22 20 Bank West Branch BIr A Tr 312 25 100 Williamsport— 54 20 67 500.000 9,090.552 1,534,805 23,665,296 15,661,103 4,427,626 7,642,504 373.339 679,603 192,101 518,502 1,000.000 500.000 Williamsport N Bk.. 10 1 650,000 South Phila Nat Bk- Gommon.. Preferred 14 42 303 ...... 25 1,158,789 159,236 5,547,819 2,288,785 316,031 726.297 750,000 200.000 2,500.000 Wyoming Nat Bank. 50 10 10 IX X 31X 100 302,500 3,427,593 Preferred 197.500 \ Philadelphia Nat Bk 14,000,000 $29 588 984 577,648,649 Roosevelt Bank 4 264,818 e 121,967 2,355,000 Second Nat Bank— Oommon Preferred 41 51 303 6,865.996 362,796 4,378,090 2,530,015 400,000 Common 30X 12 X First National Kensington Nat Bk. 41,129,766 Market St Nat Bk 1,000,000 Nat Bkof Ger A Tr Oo Nat'l Bk of Olney— 10 72,310,757 10,005,017 ... 25 Wllkes-Borre— 10 i 150,000 I 178,375 440,000 317,552 3,761,434 100 alO "120" 20 16 "72" "77"" 119 126 280 170" 162 33 2225" 2475" 135 145 mmmumm. Z100 17 X 5X SOUTH DAK0TASto,vr 29,<on" Pittsburgh— Allegheny Valley Bk 200.000 Arsenal Bank 100,000 200.000 Bank of Ohio Valley. Savings Bank Farmers Deposit Nat First National Bank. First Nat Bank A Tr Oo of East Pitts . Forbes National Bk. Fourteenth St Bank. Freehold Bank Hazel wood Bk (The) Hill Top Bank Home wood Bank at Pittsburgh Iron A Glass Dol Sav Preferred 10 Nomi nal. Sioux Falls— Per First Nat'l Bk A Tr d Nat'l Bank of So Dak Northw't Sec Nat Bk d Union Savings Bank. 385.000 250,000 262,603 252,205 263,200 54,453 J** $11527678 109,950,633 % 176" 6.000,000 $7,032,960 121,431,274 100 175 100 100 175 90 25 5 c 10 5 d Oommon and preferred stock 50 65 ^ 500.000 6,obb",56o 300.000 500,000 200,000 454,241 602,528 475,353 994,283 238,481 475,731 6,259,156 9,390,851 3,252,950 1,235,058 1,580,396 2,558,066 100,000 200,000 74.852 353,860 1,687.301 4.344,422 100 5,179,105 50 «2 750 200.000 ^200,000 Keystone Nat BkOo miiion 3,182,722 1,456,068 789,707 11,350,593 56,857,219 100 Braddock Nat Bank. Dellar 239,448 267,185 104,143 971,225 5,553,750 300.000 75.000 316.522 98 185 * Preferred . 50 stock retirement price. b A mutual savings bank. 50 50 150,000 Sale price. a 800.000 100 6,057,269 3,955,691 plOO 10,686,369 /100 1,417,642 100 e March 26, 1940. or debentures outstanding. Dec. 31, 1938. / Member of Northwest Bancorporation. 32X |o 105 ^ Oct. 2. 1939. a50 i Dec. 30. 1939. * Stock all owned by Rhode Island Hospital Trust Co. I Last 53 p s sale. o New stock, Affiliate of the First Bank Stock Corp. Sept. 30, 1940. v x Ex-dividend. share. No re cent sa les AND TRUST COMPANIES BANKS 110 Motional Banks June 29 National Banks SOUTH CAROLINA Surplus Capital Surplus & Profits Cross Ask Bid Par Nomi nal. Per % share. 11 10 736,111 325,539 44,708 21.619,007 <7100 100 6,424,008 100 125 100 110 125 1.320.000 11,121,317 880,000 / 39.224.595 1100 15 17 1100 100 1,000.000 Merch A Miners BkSouth Oaro Nat Bk— 50.000 ,*00.000 Common Preferred 568.363 Columbia— 288,411 1,642,094 25 6,419,750 4,855,315 20 61 64 10 32 36 2,950,106 20 200,000 First National Bank. Peoples Mat Bank 8partanburjr— Bank Com'l Nat 10^ 605,015 591,387 250.000 200.000 Lower Main St Bank Greenville— 9H 10 167,096 78,354 . Preferred Mat Bank ol Comm TENNESSEE Houston Antonio Nat Bk 9euth Texas Nat BkSam 425.000 225.000 Common Preferred Hamilton Nat Bank. Knoxville— 1 515,515 Citizens' Nat Bank.. First National Bank. 4,411,147 100 t 370,775 578,582 99,203 National City 500,000 100,000 Bank. 8,734,990 10,783,145 1,012,482 100 50 50 210 80 institutions 3tate UTAH June 29 Nomi nal. Per share. Ogden— First Security Bk i 475,000 950,000 NA i 200,300 1.516,923 c 100 6,852,027 19,600.134 100 share. 100 260 275 10,023,524 /100 1100 47,373,105 100 155 170 155 165 of Ogden First National 170 175 Eton's Sav Bk A Tr 13.162,174 91 85 100 June 29 Salt Lake City— First 900,000 491,784 13,535,642 100 67H 75 <3,100,000 5.846,826 1,266,307 71,771,458 19,190.257 15,140,415 14,636.052 3.465,995 29.826,539 10 23 24 100 220 240 * Security Corp. 50.000 200.000 151.793 900.000 1.000.000 1,764,082 679,766 100 1,805,996 3,55^,854 6.25 100 26,645,424 10 14.181,258 100,000 l,200,UUl 105 280 1,000.000 100 275 100 205 10 i 290 285 220 77,419,099 i 750.00U 867.595 750,000 1,000.000 cl,242,672 257,428 300,'kin 1,500.000 cl,041,954 100 164 174 100 200 210 100 135 150 100 117 X 127H 110 100 Nat Bk of Commerce 1,003,525 54,162,987 31*037,363 1,414,372 100 First National Bank. Bank Utah State Nat Bank 1.811.050 <2.5J0.000 124,884 250,000 Oommon Contl Nat B <ATr Co Commercial Nat Bk: 185 100 25 Per 1,240,981 100 104,308 92,557 i elOO Institutions State Chattanooga— 750 000 2,234,886 3,909,640 100,000 400.000 _ Commercial Sec Bk A Bkg Co.. 280 Waco— Nomi nal. Amer Tr 230 1 100 NTational Bank ofFort June 29 June 29 102 100 27,468,977 National Banks Motional Banks 97 5.570,534 1100 138.032 350,000 1 100,000 <1.084,000 1,214.651 300,000 Common share. Per $ $ San Antonio (Con cl.) $ Bank— Oroos Nat San 5,473.862 200.(100 35.000 First Nat Bk of Cot. Ask Bid Par Deposits Nomi nal. $ $ Charleston— Cltiz. A Sou Nat'l Bk Carolina Sav Bank Cross & Profits Capital 0 Deposits State Institutions June 29 TEXAS June 29 Bank of Knoxville— Uomm'l Bk A Tr Co. i HamiltonNat.lonaIRk i Park National Bank. 71,103 Memphis— Bank. 60.000 66,303 2,561,608 2,337,696 95,171 Union Planters' Nat'l Bank A Trust Co. Nashville- 3.500.000 5.405,117 Comm A In dust State Savings Bk. Preferred Broadway Nat Bank Commerce-Union Bk Nashville Trust Oo— 10 260 Utah Sav A Trust Co Walker Bk & Tr Co - 15^ Motional Bonks 3.000.000 11.624,673 3,150,000 J 595,553 300,000 982,180 1,000.000 26^ Per 63,200,630 f 10 14 13^ 100 70 75 10 19 21 9,687,594 /100 \100 100 30,565,765 W 1100 20 5,571,761 24,141,424 1,133.300 1.000.000 600,007 1,651,751 105 110 240 250 Motional Banks TEXAS June 29 State People's Nat Bank. 204.500 491.500 ElewardNatBUATrCo 600,000 150 000 <1 .085.961 Burlington Trust Co Montpelier Capital S B A Tr Co i First National Bank: Nomiinal. Per Austin- 569,070 300,000 570.750 American Nat Bank. < 872,840 100 14,325,816 20,430,471 4,169,889 /100 1100 Rutland Trust Go--. 125,000 75,000 400,000 400,000 200,000 — 174,039 707,985 12,327,109 100 American Nat Bank First National Bank i 978,469 76,140 14,097,798 2,515,791 100 rec ent 100 First National Bank. Hillcrest State Bank. Liberty State Bank— Mercantile Nat Bk— Common Preferred Republic Nat Bank— Nat Bank of Comm Oak Cliff Bk&Tr Co. 125,000 40,000 o Continental Nat Bk. First National Bank Ft Worth Nat Bank: 42 48 100 20 38,631,364 / i 20 J 103,096 2,769,299 37 64"" 38^ 20 20 90,295,749 7,536,530 2,909,944 "62" ~48^ 100 20 40 bbli 215 I 20 45" 31 100 100 750,000 1.500.000 "463,818 1.304,903 17,793,854 60 67 42.494,751 20 47 70 49 20 49 51 2,000,000 12.361,056 500,000 9,532 15,420 ? Fraternal Bk & Tr Co 73,455 210,000 Union Bank & Tr Co i Common 48,572,021 I 500 390.249 10 490,168 200,000 200.000 1,172,507 100 15.464,214 5,127.185 100 100 125 440.423 865,677 750,000 500.000 11,772,690 12,405,948 100 o cent sa 100 les 50 A Trust 1.000.000 600,000 500,000 Co.. 340,167 250,000 7,297,139 100 500,000 100,000 20.038,737 20 46 J 601,377 20 3.000.000 12.030.409 1,450,000 59,331,603 flOO Preferred les Institutions State June 29 Petersb Sav A AmTr PortsmouthAmerican Nat BankTrust Cltlzens 632,500 t 281.223 367,500 1,000,000 2,102,286 12,500,000 4,703,811 430,310 700,000 1,000,000 1,400.000 100 13.476,576 514,727 414,506 4,673.571 4.359,637 100 94,260 105.013 477,837 271,793 662.326 3,103.443 100 563,204 964,090 1,018.404 146,432 3,678,691 36.505,354 19,262,103 2,799,650 100 240 250 100 25 121 122 37 H 38H 10 15 16 2.724,260 2,924,353 10 10 10 7H 176,446 93,019 213,557 6,898,068 50 N o 1.316,373 2,910,929 100 re cent 100 sa les 1,105,269 1,269.257 66,095 3,731.088 10.478,983 24,349,937 802.526 78,985.705 2,430,363 - 300,000 250,000 2.500,000 1,500,000 150.000 192.444 200,000 276.000 i 490,000 250,000 430.000 i Co.. Merch A Farmers Bk Richmond— i Bank of Comm A Tr 103,367 c 600.000 Central National Bk_ Consol Bk A Tr Co. 1,000.000 Mech A Mer Bank.. State-Plant 80.000 k, 3.000,000 200.000 1141 60 I 160 5 !i$ 5 I35o 153,675 i iii ■ 39 33 20 20 1,250,000 1.550,000 Tr Co.. J 1,384,099 200,000 200.000 900,000 500.000 1.000.000 800,000 s 58,279,562 i ■ • 36 10 50"" '47" 20 20 32 35 18 19 BkATr: Common Mountain Trust Bk. 190 share. I 150 8,242,510 Norfolk— First Nat Exch Bank M2L [100 506,857 262,836 895,774 3,829,840 5,073.537 6.702.316 25 "75" 15 27 50 70 451,709 1,786,025 404,474 5,988,217 28.393.428 5,413,527 50 74 75 100 255 100 100 #100 1100 Houston Nat Bk— o Common cent 619,902 100.000 .southern Bk A Tr Co i Virginia Trust Co Roanoke— Oolonial-Amer Nat B 180 First Nat Bank— Preferred o sa 100 - 107.000 Loan Bank Oom'l Tr & Savs Bk: Lynchburg Tr A 8 B. Preferred Houston— City National Bank: Common N 2,959,185 M00 1100 100 2.245,280 VIRGINIA People's Nat Bank.. Depositors Industrial Sav Bank A - 10 100 Per First National Bank. First A Mer Nat Bk. N re 450,996 Hutchlngs-Sealy Preferred i _ Common.. 2,882,491 1,128.963 30 25 re Citizens Nat Bank.. Galveston— i 300,965 141,428 150.000 Petersburg- 20 Preferred Citizens State Bank. 117,406 224,306 516,201 100,000 is 173,447 125,000 162,924 157,500 Southn Bk of Norfolk 12,347.582 21.805,069 National Bank 100.000 3,015,268 MOO \100 20 2,430,801 100 1,390,729 Lynohburg— Seaboard Cltz N Bk. 655,787 1.668,501 U S National Bank.. 26,224 June 29 33 300,000 300,000 City National Bank. First National Bank. cent les Nomi nal. 40 46 H El PaBO— State National Bank Port Wortn— 100 re sa 222,416 National Banks 20 Texas Bank A Tr Co: El Paso Nat Bank.. 2.515,257 N o 40 100 I 1,650,000 11,748,694 350.000 4,000,000 4.713,214 432,495 150,000 117,335 200,000 Capital notes... 100 100 100 #100 N 20 961,321 2o,015,063 5.000,000 10.071,054 130.844.948 2,520,400 114,235 100,000 7.398,859 292,052 250,000 1.000.000 Common 2,049,748 6,793.306 7,039.290 969,097 3,296,539 "85" ioo"* sa les Dallas— Bank— 10 0 ! 100.000 Bank Co Nat Bk: Klllington Nat Common.. Beaumont— Dallas Nat Montpelier Nat Bank Montp'r 8 B A Tr Co < Rutland— niementNat Bank— Rutland 100 2,984.032 share. 100 150,000 I 169,800 407.500 Preferred. Capital Nat Bank— Capital stock Becur St Bk A Trust share. 3,992,338 613,311 527,420 83,927 423,615 200.000 Quarry 8 Bk A Tr Or Burlington— Ohittenden Co Trust Preferred Institutions June 29 606,869 275,667 173,915 110.000 Common Preferred stock June 29 27 Vlerchants Net Bank 500.000 1 Austin Nat Bank Institutions State VERMONT June 29 nomi nal. Common Preferred Third National Bank 14H iranlte 8 B A Tr Co American Nat Bank Common M 250 - 85 National Banks 95 June 29 125 34,232,995 56.281,481 100 "275" 100 100 35,445,929 100 340 185 225 mercial Nat Bank. 49.709,005 100 290 305 Fidelity Trust Co— Guardian Trust Co.. 75.160 100 8,513,417 6.106.014 100 145" 100 80 90 9.415,181 /100 80 Institutions State June 29 360 10.502,919 WASHINGTON 90 Second Nat'l Bank.. Nat Bank of Comm. Bank Union National Bank South Texas Com¬ State National 1.500,000 2,167.818 200,000 d 234,824 600.Q00 1,001,417 509,059 Houston Land A Tr. 11,300,000 Ban Jaeinto Nat Bk365.000 133.005 Common 285,000 Preferred 583.352 354.477 100,000 200,000 235"" 165"" Nomi nal. SeattleSeattle—First Nat Bk Nat Bk of Commerce Pacific Nat Bank Peoples N B of WashSumitomo B of Seattle University Nat Bank Seattle Tr A Savs Bk U00 Port Arthur- First National Bank. Merchants Nat'l Bk. 280"" 6.083,739 4,379.099 100 100 625 Common. Preferred 964,756 500.000 819.400 18.717,310 J100 1100 Bexar Co Nat BankCommon........ Preferred Frost National Bank 148,513 200,000 75.000 1,200 000, 1.401.846 3,056,466 f 50 I 50 39.349.811 100 , 550,000 38 share. 39 160 r 168 30 32 62^ 65 held 6 Member of First Security Corp. Sept. 30, 1940. 30. 1939. d Dec. San Antonio- 200,000 400,000 7.032,274 183.096.694 a 20 4,002,882 88,144.345 f 25 100 1,582,014 28.524,693 20 942,613 30,602,796 100 2,770.528 118,014 20 6,042.318 253,451 50 8.980,797 567,369 t Stock of South Texas National Bank of San Antonio, Texas, all by Central Securities Co. with exception of directors' qualifying shares. a Member of First National Corp. c Alamo National Bk: Per 8,000.000 2,500,000 2,500,000 1,600,000 e Preferred stock retirement price. / Member of Marine Bancorporation. a Affiliated with the Citizens' A Southern National Bank of Atlanta, Ga. h Represents quotation for First Security Corp. of Odgen. Utah, class A stock. i Common and preferred stock outstanding. o Controlled by the Joseph F. Meyer Interests, r s March 26, 1940. t Reserves. k March 29. 1939. Member Peoples Corp. t Ex-divldsnd. ■ \ ;• Dec., 1940] BANK 8 v"'^ 29"" WASHINGTON Surplus & Profits Capital AND TRUST t • National Banks June 29 s"ueJ'ZfTon' Par Ask Bid Stale WISCONSIN Cross Deposits 111 POMP ANTES Cross Surplus A Profits Capital Institutions June 29 Par Deposits Spokan*— First Nat Bk in Spok Old $ 500.000 a B& Un T Co. Common $ 177,182 100 750.000 743.800 Preferred Old National Class A 45 245,008 50,000 (voting) Washington Trust Co 200,000 Tacoma— Nat Bank 0' Wash.. al.375.000 Paget Sound Nat Bk a 730,000 Milwaukee (Concl. ) Teuton ia A West 24.189,471 1100 t J 684,735 ^ No 1.05 1.15 1.25 • No 884",694 8,579,817 23,304,392 8,742,471 100 25 280,690 Bk 300,000 1.000.000 Vattunul Bank* $ 2,606,192 4,798,747 4,903,617 5,884,330 Per 20 share. 10 100 8 160 200 20 34 37 100 WYOMING June 29 140 125 183* P Cheyenne - Per American Nat Bank. National Banks $ 104,396 880.825 375.278 786,087 $ 392,300 400.000 a Bank... 100 1,066,945 ve State Side Wisconsin State Bk First Wise Trust Oo. 1100 Corp— Class B Nomi nal. share. Per 6.876,123 N Ask Bid Nomi nal. 250.000 300.000 Stock Growers N Bk. WEST VIRGINIA 423,916 298.311 share 100 6,042,950 8.599,451 100 -sr.z-.rr Nomt nal. Charleston— Per Charleston Nat Bk._ 1.062,500 /l,564,904 KanawhaBkg&Tr Co Kanawha Valley Bk. 6OU.UU0 / 472,388 1,000.000 /1,421,996 Nat Bank of Comm. Central Trust 200.000 600.000 1,000.000 Oo 134,237 331.222 24,754,539 6,376,182 25,147,057 4,006,916 s 1,166,976 share. 25 N 100 100 100 Canadian Bank Statements o re cent sa Returns les are all of Sept. 30,1940. Prices are per cent, not per share. 100 Huntington— First Hunt g Nat Bk Twentieth St Bank.. a 105,950 1,491.200 57,757 a 150,000 70,565 1,119,185 a 412.605 600,000 600,000 100.000 86,440 750,533 684,167 2,202,533 i 17,916,300 12 1,246,335 19 ft 65 50 WheelingCenter Wheeling Bay Half Dollar Trust & Say Bank Nat Bank of W Va.. 25 /21** So Side Bk A Tr Oo. Security Trust Co.. Wheeling Dollar Savs 5,378,306 100 100 1105 1125 100 100 1300 22,264,521 100 300.000 120.726 Surplus & Profits Capital Halifax- . $ \attonal oankt WISCONSIN June 29 State Par Deposits % Bank of Nova Scotia 12,000,000 24,000,000 & Trust Co Gross 1103 819,619 5,704,835 1,158,789 5,713,193 1.800.000 /2,676,335 Nat Exchange Bank. NOVA SCOTIA 80 100 Bid $ Per 100 281 100 233 100 265,479,827 157 155 145 Institutions June 29 Toronto— Nom inal. La Crosse— Per Batayian Nat Bank. Exchange State Bank : Nat Bk of La Crosse 600.000 175.000 400,000 State Bk of La Crosse Milwaukee— 100.000 Amer State Bank 200.000 Olty Bank & Tr Co.. First Wise Nat'l Bk— 305,000 i .Common 7,500,000 7.500,000 Preferred Home Sayings Bank. Kilbourn State Bk.. Lincoln State Bank: o350.000 299,860 90,030 380,037 183,240 3,128,448 168,364 175,097 2,975,740 20 3,794,241" 1100 5,088,132 share 20 183* 1,245,457 100 6,124,257 elOO N 0 re Per 6.000,000 9,000,000 147,099,077 30.000.000 20.000,000 578,495,756 Dominion Bank 7.000.000 7,000.000 125,166,939 Imperial Bank of Can 7.000,000 8,000,000 150,066,797 of Toronto les 100 20 24 36.000.000 Bank of Montreal 50.000 lc 60,426 225.000 Marine Nat Excb Bk 2.200.000 2,315,872 Marshall & llsley Bk a2,925,000 2.155,603 Mitchell St State Bk. a 596.000 26,512 1,554,120 100 43.537,020 50,111.310 2,655,103 1.878,531 2,012.384 2,488.680 20 40 43 a Common and 20 21** 233* c March 26, 1940. Member of the Northwest Common.. 16 18 Income debentures Northern Bank..... Park Savings Bank.. a 200.000 115,119 a State Bank of Mllw. a 539,500 550,000 140,249 87,063 t Wisconsin Binkshares Corp. no 20 e 20 < Member 100 s 5 20 Securities in their t • First I 100' 100 Per cent. 187 146 100 100 166" 103 100 163 164 * Sale price. par stock. preferred stock debentures outstanding, d Oct. 2, 1939. Bancorporation. f Sept. 30, 1940. National Corp. Trust funds. All stock held by Old National Corp. Called for Redemption following tabulation indicates alphabetically Corporation bonds and stocks which are being prepaid entirety. BONDS BONDS Nekoosa-Edwards Alabama Water Service Co. 1st 5%, Sue 1957, Dec. 5 at 102. Atlantic Ice & Coal Co. 1st & ref. 6%, due 1951, Dec. 1 at 103. Bear Mountain Hudson River Bridge Co.— First 43*% series A, due 1953, Feb. 1 at 105. First 5% series B, due 1953, Feb. 1 at 105. Northwestern P S Co 1st mtge. 5% ser, A due 1957. Jan. 1,1941 at 100. Ohio Associated Telephone Co. 1st 43*% due 1966, Dec. 31 at 107**. Ohio Cities Water Corp. 1st mtge. 53*% due 1953, Jan. 1 at 102. Penn-Jersey Water Co. 5** %, due 1960, Nov. 4, at 104. Peoples Telephone Corp. 1st 4% series A due 1960, Dec. 2 at 1023*. Revere Copper & Brass 1st 4**% due 1956, Dec. 20 at 102**. Richmond Term. Ry. Co. 1st gu,ar. 5% due 1952, Jan. 1, 1941 at 100. Riordan Pulp & Paper, Ltd., 6% due 1942, Dec. 31 at 105. 6% due 1943, Jan. 1 at 101. Serial 6% due 1944, Jan. 1 1 1946, Jan. 1947, Jan. 1948, Jan.. 1949, Jan. 1950, Jan. 1951, Jan. 1952, Jan. 1953, Jan. at 1013*. at 102. Serial 6% due due at 103. at 1033*. Serial 6 Serial 6 due Serial 6 due Serial 6 due Serial 6% due Serial 6% due Serial 6% due at , 1023*. at First & refunding 3**%, due 1960, Jan. 1, 1941, at 105. First & refunding 3*4% series B, due 1960, Jan. 1, 1941, at 105. 1st mtge. 5**s, series B, due 1947, Jan. 1, 104**. at Southern California Edison Co.— 104. at 105. Southern Nebraska Power Co. 1941, at 100. at 105. at Treasury (U. S. of America) 3**% due 1941-43, March 15 at 100. 105. Gulf Public Service Co. 1st s. f. 6% series A due 1945, April 1,1941, at 102. Hartford Times 15-year deb. 43* % due 1951, Dec. 16 at 103. Hawley Pulp & Paper Co. 1st 6% due 1946, Jan, 1 at 102**. ' Hempstead & Oyster Bay Water Co. serial 6% due to 1952, Jan. 1 at 103. Houston Natural Gas Corp. 1st coll. 6% due 1943. Dec. 1 at 105. Industrial Rayon Corp. 1st mtge. 4** % series A due 1948, Dec. 27 at 105. Iowa Electric S. Light & Power Co.— 4% series E, due 1955, Dec. 1 at 104. 1st ref 53*(series of 1925) due 1950, Jan. 1, 1941, at 102**. Lockhart Power G>. 1st 43*% due 1955, Dec. 2 at 102. Luzerne County Gt s & Electric Co. 7% due 1944, Jan. 1 at 105. ser. A due 1968, Dec. 31 at 106**. Michigan Public Service Co. 5% series A, due 1947, Dec. 1 at 101. 4**%, due 1946. Jan. 1 at 102. National Acme Co. 1st ext. 4** %, due 1946, Dec. 1 at 101**. Montana Dakota 1 tilities Co. conv. debs. Woodward Iron Co. 2d mtge. 5% due 1962. Dec 2 at 100. Youngstown Sheet & Tube 1st 4% due 1961, Dec. 4 at 104. STOCKS American District Telegraph 7% pref. (unexchanged shares) Jan. 15xhL Brooklyn-Manhattan Transit Corp. $6 preferred, Dec. 3 at 100. Brookyln & Queens Transit $6 preferred, Jan. 1 at 110. Continental Can $4.50 cum. pref., Jan. 2 at 110. Houston Natural Gas preferred, Nov. 30 at 55. Hygrade Sylvania $6.50 preferred (unexchanged shares), Jan. 1, 1941» t Iowa Southern Utilities Co.— Michigan Associated Telep. Co. 1st 4% 100**. First 5% series A, due 1942, Jan. 1, 1941, at 100**. First 5% series A, due 1943, Jan. 1, 1941, at 100**. First 6%, due 1943. Jan. 1, 1941, at 107. New York Connecting RR. Co.— Fontana Union Water Co.— Serial 6% due 1942, Jan. 1 at 1003*. Serial 6% due 1945, Jan. (iConcluded) Paper Co.— First 5% series A, due 1941, Jan. 1, 1941, at 7%, due 1953, April 1, 1941, at 1033*. Sinking fund income 8%, due 1953, Apr. 1* 1941, at 1033*. Carolina Clinchfield & Ohio Ry. 6% due 1952, Dec. 15 at 106. Chesapeake-Camp Corp. 1st 43*% due 1947, Jan. 1 at 105. Crane Co. sinking fund debentures 3**%, due 1951, Dec. 1 at 101. Falstaff Brewing Corp. deb. 5%, due 1947, Dec. 15 at 100. Serial 39.000.000j804,680,1841 7,000.000 5.000.000 132,232,449, 1,500,000. 750.0001 17,830,257. Provincial Bk of Can 4,000.000: l,00a.000 45,677,077 Royal Bk of Canada 35,000.000 20.000,000 830,301,129' Banque Oanadlenne. Barclays Bk (Canada) 20 20 The 1823* 200 197 3* 200 55 250,399.401 2,630,406 1,913.004 150.000 100 100 27 48 193,293 58,289 a cent 245 158 cent sa Bank Can Bank of Ooinm Montreal— J7.467.087 Ask cent. Indianapolis Power & Light 6% cum. pref., Jan. 1 at 110. 63*% cum. pref.. Jan. 1 at 110. Pennsylvania Glass Sand $7 conv. pref., Jan. 1 at 121.75, incl. dividend. San Diego Consolidated Gas & Electric 7% pref., Dec. 9 at 115. South Pittsburgh Water Co. 6% preferred, Jan. 15 at 105. 7% preferred, Jan. 15 at 115. Westvaco Chlorine Products 5% preferred, Dec. 9 at 33. MONTHLY REVIEW 112 DAILY RATES a4.02 23.20 34 a23.23 3.98 3.98J4a4.02 23.20Ka.22K 23.21a23.23 2. Nov. SUNDAY 3. Nov. Checks 23.20a23.22 1. Nov. Peso Cables 4. 23.20J4a.2234 3.98 5. Nov. 6. No rates Nov. 7- available* 2 ° 6 13J4 al3% disc't 29.77 7.'. 13*16 al31ie% disc't 29.77 56.98o57.01 8 13 J4 a 13% disc't 29.77 56.98o57.01 13 disc't 29.77 56.98o57.01 5 Nov. Nov. Nov. 8- Nov. 9. 23.20a23.21 Nov. 10. SUNDAY Nov. 10 Nov. 11. HOLIDAY Nov. 11 Nov. 12. Nov. 13. No rates Nov. 14. available HOLIDAY 9 Nov. Nov. 17. Nov. 18. Nov. 19. Nov. 20. Nov. 2.28Ka2.30 10. Nov. 21. 23.1934a.2134 23.20a23.22 a4.02 Nov. 3.98 a4.02 Nov. Nov. 14 3.99 a4.02 Nov. 15 3.99 a4.02 Nov. 16 ■ No rates . 57.00o57.01 disct' 29.77 57.00o57.01 SUNDAY available 18 13 012 %% disc't 29.77 57.00o57.01 Nov. 19 13 al2K % disc't 29.77 57.00o57.01 Nov. 20 12 34 % 29.77 57.00o57.01 Nov. 21 Nov. 22 13 29.77 57.00o57.01 Nov. 23 12J4% 29.77 57.00o57.01 Nov. 24 29.77 57.00o57.01 57.00a57.01 HOLIDAY 3.98 a4.02 a4.02 23. 23.20a23.2134 23.20J4a23.22 3.99 24. SUNDAY 23.20a23.2134 23.20J4a23.22 3.98jSa4.02 a4.02 23.20a23.2134 23.20J4a23.22 3.99 a4.02 23.20 a23.22 2 3.20 34 a.22 34 3.99 a4.02 23.20a23.21 J4 23.20J4a23.22 3.99 a4.02 23.20a23.2134 23.2034 a23.22 3.99 02.29K a4.02 23.20a23.2134 23.20JSa23.22 3.99 25. 26. 27. 28. 29. Nov. 29.77 Nov. 22. Nov. 57.00o57.01 disc't a4.02 Nov. Nov. 57.00o57.01 29.77 a4.02 Nov. Nov. 57.00o57.01 29.77 23.20a23.2134 23.20J4a23.22 3.98 Nov. Nov. 29.77 No rates available disc't disc't 23.20a23.2134 23.20 34a23.22 3.9834a4.02 23.20a23.2134 23.2034a23.22 Nov. 121*16012^% 13 0121*16% 13% discount 13 0121*16% 13 al2K% 23.20a23.213S 23.20J4a23.22 3.98 , * SUNDAY 17 SUNDAY 56.98o57.01 HOLIDAY 13 a4.02 012 J4% 1 12 3.98 3.98 Nov. 23.1934a23.21 23.20a23.2134 23.2034a23.22 23.1934a.2134 23.20a23.22 23.1934a.2134 23.20a23.22 23.20a23.21 15. Nov. a4.02 56.97o57.00 disc't Nov. 23.20J4a23.22 3.99 56.97o57.00 29.77 SUNDAY 4 23.19JSa23.22 3.98J4a4.02 23.20Ka23.22 23.21a23.22J4 3.9834a4.02 a4.02 23.20a23.2134 23.20J4a.22 J4 3.98 Nov. 56.97o.9834 29.77 disc't 13*ig al3lig% Nov. 23.19a23.21 Checks 29.77 disc't 133ig ol3^i6% 133igol3% 1 Nov. a4.02 HOLIDAY Nov. Nov. Peso Cables Checks Nov.^^ 23.20a23.22 Colombia Argentina Dollar Cables Checks Cables Checks Canada Escudo Franc Franc Nov. Portugal Switzerland France OF FOREIGN EXCHANGE 30. 2.27 discount HOLIDAY disc't al2J4% discount SUNDAY 13 01234% disc't Nov. 26. 13 01234% disc't 29.77 Nov. 27 121*1601234% disc't 29.77 57.00o57.01 Nov. 28 13 disc't 29.77 57.00o57.01 Nov. 29... 13% 13116% disc't 29.77 57.00o57.01 disc't 29.77 57.00o57.01 Ecuador v. 25 Nov. 30 0121*16% Germany Sweden Hungary Brazil Chile Bolivia Reichsmark Krona Pengo Milreis Peso Boliviano Sucre Cables Checks Checks Cables Checks Nov. 19.36 J4al9.50 39.98Ka40.06 23.8134a23.86 23.82a23.87 a23.86 23.81 J4a23.87 19.36 34 a 19.50 a40.06 23.81 1. Nov. 2. Nov. 39.99 Cables Checks Nov. 1. 2. 9. Nov. 7. 5.02a5.15 5.17 3.00 3.00 5.70 3.00 5.70 5.17 5.02a5.15 HOLIDAY " ' 5.17 Nov. 8. 5.02O5.15 5.17 Nov. 9. 5.02a5.15 5.17 10. SUNDAY HOLIDAY 10. SUNDAY Nov. 11. HOLIDAY Nov. 11. 39.98Ka40.05 23.82 12. a23.85 23.82J4a23.86 19.36 J4al9.50 Nov. 12. 5.02a5.15 5.17 3.00 a23.85 23.81 J4a23.86 19.3634al9.50 a23.87 19.36 34al9.50 Nov. 13. No rates 5.02O5.15 5.17 3.00 5.70 Nov. 14. available 5.02a5.15 5.17 3.00 5.70 5.17 3.00 5.70 5.17 3.00 5.70 5.17 3.00 5.70 5.17 3.00 5.70 5.17 3.00 5.70 5.17 3.00 5.70 5.17 3.00 5.70 13. No rates 39.98 Nov. 14. available a23.87 19.36 J4al9.50 Nov. 15. 5.02O5.15 a23.87 19.36 34al9.50 Nov. 16. 5.02O5.15 Nov. 17. Nov. 18. 5.02O5.15 Nov. 19. 5.00a5.15 Nov. 15. 39.98Ka40.05 23.8134a23.86 23.82 39.9SKa40.05 23.81Ka23.86 23.82 Nov. 10. 39.99 a40.05 23.8134a23.86 23.82 a 40.05 SUNDAY 17. Nov. 18. 39.98 Nov. 19. 39.96 20. . 5.70 a40.05 23.81 Nov. Nov. 5.70 5.02O5.15 Nov. Nov. 5.70 ° 5. 6. Nov. Nov. 5.70 3.00 4. Nov. a40.06 23.82 39.99Ka40.05 23.81a23.86 34 23.8134a.87 34 19.3634al9.50 a23.85 23.81J4a23.86 19.36 J4al9.50 39.99 a40.05 23.81 8. Nov. 3.00 3. a23.86 23.82J4a23.87 19.36 J4al9.50 a23.87 19.36 J4al9.50 39.99Ka40.06 23.813Sa23.86 23.82 7. Nov. 5.70 Nov. ■ Nov. 5.70 3.00 SUNDAY Nov. 39.97 6. "" Nov. 3.00 5.17 5.00O5.15 Nov. SUNDAY 4. Nov._ 5., Nov. 5.17 5.02a5.15 Nov. a23.86 23.81 J4a23.87 19.36 J4al9.50 39.98 Ka40.06 23.81 HOLIDAY 3. Nov. Cables Cables Checks a23.86 23.81J4a23.87 19.3634al9.50 23.81 a40.05 23.8134a23.86 23.82a23.86J4 19.36 J4al9.50 21. 39.98 C40.05 23.81 Nov. SUNDAY 5.02O5.15 20. Nov. a23.85 23.81 J4a23.86 19.3634al9.50 HOLIDAY . 21. HOLIDAY Nov. 22. 39.98 a40.07 23.81 a23.86 23.8134a.86 34 19.50 al9.77 Nov. 22. 5.02O5.15 Nov. 23. 39.98 a40.07 23.82 a23.86 23.82 J4a23.87 19.50 al9.77 Nov. 23. 5.02O5.15 Nov. 24. al9.85 Nov. 25. 5,02a5.15 5.17 3.00 5.70 al9.85 Nov. 26. 5.02O5.15 5.17 3.00 5.70 3.00 5.70 Nov. 24. Nov. 25. 39.98 Nov. 26. 39.98 SUNDAY a40.05 23.8134a23.86 23.82a23.86J4 19.77 a23.86 19.77 O40.05 23.8134 a23.85 23.82 a23.86 23.82J4a23.87 19.77 al9.85 Nov. 27. 5.02O5.15 5.17 a23.86 19.77 al9.85 Nov. 28. 5.02a5.15 5.17 5.17 3.00 5.70 5.17 3.00 5.70 Nov. 27. 39.97 a40.05 23.82 Nov. 28. 39.98 a40.06 23.82Ka23.85 23.83 Nov. 29. 39.98 Nov. 30. 39.98 SUNDAY a23.86 19.77 a40.05 23.8134 a23.85 23.82 a40.05 23.82 a23.85 23.82 J4a23.86 19.77 al9.85 Nov. 29. 5.02a5.15 al9.85 Nov. 30. 5.02a5.15 3.00 ' 5.70 Spain Italy Finland Uruguay Venezuela Peru Japan Hongkong Peseta Lira Markka Peso Bolivar Sol Yen Dollar Cables Cables Cables Cables Cables Cables Cables 9.13a9.25 5.04a5.07 1.97O2.05 Nov. 1. 65.83 25.50 16.00 23.44023.50 23.06a23.32 9.13a9.25 5.04a5.07 1.97a2.05 Nov. 2. 65.83 25.50 16.00 23.44023.50 23.01o23.32 Nov. 3. 5.04a5.07 1.97a2.05 Nov. 4. 65.83 25.50 23.44023.50 23.llKa23.32 Nov. 5. 1.97a2.05 Nov. 6. 65.83 25.50 16.00 23.44023.50 23.10Ka23.40 5.04a5.07 1.95a2.05 Nov. 7. 65.83 25.50 16.00 23.44023.50 23.13023.42 5.04a5.07 1.95a2.05 Nov. 8. 65.83 25.50 16.00 23.44023.50 23.32a23.55 5.04a5.07 1.95a2.05 Nov. 9. 65.83 25.50 16.00 23.44023.50 23.35023.62 SUNDAY Nov. 10- SUNDAY HOLIDAY Nov. 11. HOLIDAY Cables Checks Checks Nov. 1. Nov. 2. Nov. 3. Nov. 4. Nov. 5. Nov. 6. 9.13a9.25 5.04a5.07 Nov. 7. 9.13a9.25 Nov. 8. 9.13a9.25 Nov. 9. 9.13a9.25 Nov. 10. Nov. 11. Nov. 12. Nov. 12. SUNDAY 9.13a9.25 HOLIDAY 9.13a9.25 16.00 . 9 23.34023.62 5.04a5.07 9.13a9.25 No rates SUNDAY HOLIDAY No rates 1.95a2.05 Nov. 12. 65.83 16.00 23.44023.50 5.04a5.07 1.95O2.05 Nov. 13. 65.83 25.00 16.00 23.44023.50 Nov. 14. 65.83 25.00o26.00 16.00 23.44023.50 23.42023.70 25.00 23.41o23.62 Nov. 14. 5.04a5.07 1.95a2.05 Nov. 15. 9.13a9.25 5.04a5.07 1.95a2.05 Nov. 15. 65.83 25.00O26.00 16.00 23.44023.50 23.50Ka23.70 Nov. 16. 9.13a9.25 5.04 J4a5.07 1.95a2.05 Nov. 16. 65.83 25.00a26.00 16.00 23.44023.50 23.49023.06 Nov. 17. Nov. 17. Nov. 18. 5.04a5.07 1.95O2.05 Nov. 18. 65.83 25.00o26.00 16.00 23.44023.50 16.00 23.44o23.50 23.47o23.70 16.00 23.44023.50 23.52 Ka23.75 available 9.13a9.25 available SUNDAY 9.13a9.25 SUNDAY Nov. 19. 9.13a9.25 5.04a5.07 1.9502.05 Nov. 19. 65.83 24.05a26.00 Nov. 20. 9.13a9.25 5.04a5.07 1.95a2.05 Nov. 20_ 65.83 24.05026.00 Nov. 21. Nov. 21. Nov. 22. Nov. 23. HOLIDAY HOLIDAY 9.13a9.25 5.04a5.07 1.95o2.05 Nov. 22. 65.83 5.04a5.07 1.9502.95 Nov. 23. 65.83 Nov. 24. 25. 9.13&9.25 5.04a5.07 Nov. 26. 9.13J4o9.25 Nov. 27. Nov. 28. 9.1334o9.25 9.133409.25 5.04a5.07 23.44023.50 23.60023.83 23.44o23.50 23.65023 88 16.00 23.44o23.50 23.65a23.80 16.00 23.44o23.50 23.40a23.66 16.00 23.44023.50 23.46a23.66 23.52a23.65 SUNDAY Nov. 24. 1.95a2.05 Nov. 25. 65.83 5.04a5.07 J.95O2.05 Nov. 26. 65.83 5.04a5.07 1.92 J4a2.05 Nov. 27. 65.83 1.93J4a2.05 Nov. 28. 65.83 SUNDAY $3.44a23.50 16.00 24.05026.00 Nov. 23.60023.81 16.00 16.00 24.05o26.00 9.13a9.25 • 23.47023.09 24.00o26.00 24.00o26.00 24.00o26.00 . ' 24.00o26.00 ° Nov. 29. 9.13Ma9.25 5.04a5.07 1.92a2.05 Nov. 29. 65.83 24.00a26.00 16.00 23.44o23.50 Nov. 30. 9.1334a9.25 5.04a5.07 1.92a2.05 Nov. 30. 65.83 \24.00o26.00 16.00 23.44o23.50 23.41a23 62 i Philippine Straits Rumania Bulgaria Yugoslavia Greece Shanghai Islands Settlements India Java Leu Lev Dinar Drachma Yuan Dollar Peso Dollar Rupee Guilder Cables Cables Cables Cables Cables Cables Cables Cables 49.80a49iau 47.10o47.62 30.17a30.35 49.80a491,i« 47.10o47.62 30.17o30.35 49.80a491,i# 47.10o47.62 Checks Cables Nov. 1. 1.00 2.24 34 a2.35 .68 Nov. Nov. 2. 1.00 2.2434a2.35 .68 Nov. 2. 5.96 Nov. 3. 1.00 2.2434a2.35 Nov. 4. 5.89J4a6,25 Nov. 5. .68a.70 Nov. 6. 5.95 06.25 49.80o49i«i« 47.10a47.62 30.17o30.35 .68a.70 Nov. 7. 5.95 a6.25 49.80o4918i« 47.10o47.62 30.17o30.35 06.25 49.80a4913i# 47.10o47.62 30.17o30.35 9. 5.92J4a6.25 49.80a49"i« 47.10o47.62 30.17O30.35 Nov. 3. Nov. 4. Nov. 5. Nov. 6. 1.00 Nov. 7. 1.00 Nov. SUNDAY .68 HOLIDAY 2.24J4a2.35 2.2434a2.35 1. 5.97J406.25 06.25 8. 5.96 SUNDAY 30.17a30.35 HOLIDAY 8. 1.00 2.24 J4a2.35 .680.70 Nov. Nov. 9. 1.00 2.2434 a2.35 .68a.70 Nov. Nov. 10. SUNDAY Nov. 10. SUNDAY Nov. 11. HOLIDAY Nov. 11. HOLIDAY Nov. 12. 1.00 2.2434a2.35 Nov. 12. 5.73 a6.25 49.80a49lsi» 47.10a47.62 30.17a30.35 Nov. 13. No rates 1.00 2.2434a2.35 No rates .680.70 Nov. 13. 5.78 06.25 49.80a491!ig 47.10o47.62 30.17o30.35 No rates Nov. 14. available 1.00 2.2434a2.35 available .680.70 Nov. 14. 5.84 06.25 49.80a4913i« 47.10o47.62 30.17a30.35 available 49.80a4913u 47.10047.62 30.17a30.35 30.15a30.35 .68a.70 Nov. 15- 1.00 2.2434a2.35 .680.70 Nov. Nov. 16. 1.00 2.2434a2.35 .680.70 Nov. 15. 5.86 34a6.25 16. 5.88 o6.25 Nov. 17. Nov. 18. 1.00 Nov. 19. 1.00 Nov. 2.2434a2.35 2.2434a2.35 47.10o47.62 17. Nov. 18. 5.81 o6.12 49.80a4913n 47.10a47.62 30.17a30.35 .680.70 Nov. 19. 5.84 06.12 49.80a4913i« 47.10o47.62 30.17a30.35 49.80a4913n 47.10047.62 30.l7a30.35 SUNDAY 1.00 21. . Nov. 22. 1.00 Nov. 23. 1.00 Nov. 24. Nov. 20. 5.84 HOLIDAY 20. Nov. 49.80a491JiB Nov. .680.70 SUNDAY Nov. 21. 2.24}4a2.35 .680.70 Nov. 22. 5.84 06.12 49.80a4913u 47.10o47.62 30.17o30.35 2.24}4a2.35 .680.70 Nov. 23. 5.88 a6.12 49.80a4913u 47.10o47.62 30.17o30.35 Nov. 24. 2.24J4a2.35 .680.70 SUNDAY 06.12 HOLIDAY SUNDAY 30.17a30.35 Nov. 25. 1.00 2.2434a2.35 •680.70 Nov. 49.80o4913n Nov. 26. 1.00 2.2434a2.35 .680.70 Nov. 25. 5.82J4 a6.12 a6.12 26. 5.80 47.10o47.62 49.80a4913ig 47.10o47.62 30.17o30.35 a6.12 49.80a4913i# 47.10o47.62 30.17a30.35 Nov. 27. 1.00 2.23 54 a2.35 .680.70 Nov. 27. 5.78 Nov. 28. 1.00 2.23Ka2.35 .68a.70 Nov. 28. 5.72 a6.12 49.80a4913ig 47.10a47.62 30.17030.35 Nov. 29. 2.24J4a2.35 .680.70 Nov. 29. 5.71 O6.00 49.80a4913ig 47.10a47.62 Nov. 30. 1.00 *■ 1.00 2.2434a2.35 .680.70 Nov. 30. 5.65 a&.OO 49.80a491Jig 47.10o47.62 30.17a30.35 30.17a30.35 / Serving correspondent banks since 1858 Corn Exchange National Bank and Trust Company Philadelphia Member Federal Deposit Insurance Corporation .■ y ■ . 1 ... ' V \ ' \ ' 1" i '» •! i I ' / . 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