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APRS iUS. ADM LIRRA RV BANK/QUOTATIO RECORD REG. MARCH U. 5. PAT. OFFICE IN RETROSPECT Pag© Commercial Financial and 1 Events Page Hides and Leather Cotton 10 Course of the Stock Market 14 9 Iron and Steel Trade. Money Market -13 Dividend Declarations Federal Reserve Bank—Brokers' Loans _16 Foreign 5 Affairs -18 Foreign Exchange 9 Grain—Coffee—Sugar New _ . _ 8 _ 16 Security Issues Petroleum and 12 Its Products 11 Rubber 10 Textiles United _ 10 States Treasury Financing 12 INDEX TO STOCK EXCHANGE QUOTATIONS Pag© Page 57 New York Curb Boston Stock Exchange 68 New York Stock Exchange—Bonds 19 Chicago Stock Exchange. 64 New York Stock Exchange—Stocks 31 66 Philadelphia Stock Exchange 61 60 Pittsburgh Stock Exchange 59 64 San Francisco Stock Exchange. 62 Baltimore Cleveland Stock Exchange Stock Exchange Detroit Stock Exchange Los _ Angeles Stock Exchange Exchange 41 INDEX TO GENERAL QUOTATIONS Pag© Banks and Trust P>{e Municipal Bonds— Companies— Domestic 100 Domestic Canadian 111 Canadian 83 Public -.91 Public -.92 Land Bank Bonds Foreign Government Bonds _ ! 93 Railroad Bonds Exchange Seats Federal 91 — Utility Bonds 73 Utility Stocks 78 67 Bonds 81 Railroad Industrial Stocks 84 Real Insurance Stocks 99 Real Estate Trust and Land Stocks 72 Textile Stocks Industrial Investing Companies Securities Joint Stock Title Land Bank— 109 Securities Stocks 71 Estate Bonds -110 84 __84 Guarantee and Safe Deposit Stocks ^..84 United States Government Securities Mill Stocks—see Textile Stocks— Mining Stocks 84 91 United States Territorial Bonds 91 1 WILLIAM B. William DANA COMPANY, Street, Corner of PUBLISHERS Spruce Street, New York ;ih Jfofe gcjjosii atxd Jrust Co. —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 1876 this Company has devoted itself cAuiuoiVely to the management and conser¬ vation of estates—specializing the whole effort of its It is highly trained organization in this business. one of the few trust companies in the country which has never engaged in general Its Directors are; banking, selling securities, etc. Edwin G. Baetjer Charles H. Babcock Venable Baetjer & Howard Reynolds & Co. William G. Baker, Jr--Baker, Watts & Co. Howard Bruce Chairman of Board of Balti¬ George C. Cutler President of Safe Deposit and E. President more National Bank Trust Co. of Asbury Davis of Baltimore United Slates Fidelity arid Guaranty Co. Lyman Delano Chairman of Board of Atlantic Robert Garrett Robert Garrett & Sons Norman James President of James Lumber Co. Coast Line R. R. Co. J. Edward Johnston—Capitalist Blanchard Randall Gill & Fisher Charles E. Rieman Pres. of Western Nat. Bank BANK/QUOTATION RECORD REQ. as Second Class Matter, March 9, S. 1928, at the Post the Bank The Bank and Quotation Record and Quotation Record is of the companion publications one Terms for the Chronicle General's United States $18 per annum within the are S. Possessions and Territories; $19.50 in Canada; $21.50 in South $23 in other foreign Central America, Spain, Mexico and Cuba, and countries. $1.50 Single copies are sold at office South Salle Street. La DANA B. MARCH— COMMERCIAL FINANCIAL horizon ler, hung again of series a extinguished left which moves the stunned, world Czeclio-Slovakian the 20-year-old of life the international political under review as Chancellor Hit¬ during the month in the republic and annexed Memel from Lithuania, thus affecting but little domestic considerations. important Except perhaps for to saw expires May 1 and to legislation implementing the Presi¬ on defense dent's cussions lative they have given impetus which the in Germany's actions had program, Congress continued Washington. and numbered among course reper¬ no its on House the toward relief refusing to give again bill, for appeasement" until month actually program it ministration a The Administration's "business parity payments. made known was willing to was nowhere got 011 during the March 24 that the Ad¬ foresake original plan its for huge old-age pension reserve in order that social security could taxes few years. in step be reasonable more levels in the direction right expansion 011 some as of a the to only that through went during the month were for need on Before passage March the 22, by measure 011 of the reorganization bill by the Senate March 8 by calling for power than the final measure contained were only narrowly averted. more curtailment of the President's Especially was this in the Senate, when first so March vote only by both houses, was approved by a rence 011 effective plans reorganization 21, of 46 to to be defeated only As the 44. bill after 29, it and the vote of 46 to 43, emerged from conference a 011 the rearrange functions of and reorganize Government bureaus and agen¬ cies of rank disapproval retained forbid and by the the also than substance provides offered to within of of the 60 subject to concurrent days. O'Mahoney "functions" the President The measure amendment as to by presidential order, with six the within President, declaring which all of these people (those during the coming three months persotas be would by June 30 unless Congress ap¬ contemplated by the WPA in the event that Americans not forthcoming by April 1 was dependent now bring weeks few next 011 hardship would 4,000,000 to relief funds for their liveli¬ hood, "and nearly 1,000,000 more later 011." 29 instead of 25 for $100,000,000 bill a the of vote to 13) (by $150,000,000 asked by the President it said a proposal for the lesser sum "is 011 the side of lib¬ In presenting figures to show that the WPA did committee pointed out that there need $150,000,000 the balance unobligated an 1 "to Congress Feb. ap¬ on which In addition to this, the WPA had $45,750,000 propriated. meet of $26,659,030 additional $725,000,000" the augment to Appropriations Committee reported 011 House the When March week's payroll, and there were savings from the a removal of "deadwood" would and aliens from relief rolls. These represent a total of $69,047,425 as against an actual reduction of originally asked mittee report were $50,000,000 in the amount of $875,000,000 by the President. relief, 011 reported tural States." making efforts on Previous log-roll to March 23 when ever the to the com¬ $150,- full House the was of the pro¬ the Interstate Commerce Commission. As Congress by Representative Cochran 011 Feb. 23, leaders a fallen through, however, were reported deal whereby to the farm representatives in $250,000,000 parity agricultural appropriation bill. have "the largest agricul¬ reported in the history of the Administration be supported by urban ing approval to member called effort to conclude an bloc would the one appropriation bill United be what secur¬ item in payments The deal was reported and 011 March 28 the House defeated the $250,000,000 parity payments item by a roll call approval to 204 of vote the to 191 agricultural just before it appropriation gave its final bill. Army and Air Corps Expansion Bill The agencies from the reorganization the 1,200,000 that administrative supplement the work of his secretariat. exempts certain visions, such departments Congress extinction assistants to bill less themselves find said appropriation considering to for the situation in will of employment out 000,000 the following day by gives the President power from 14 concur¬ March 27, and approved by the Senate and House on March 28 relief) revised program the Wheeler amendment, which would have made the Presi¬ dent's committee House propriated the full sum of $150,000,000, and added that the sums ments even the passed $50,000,000 in the face of a message March 011 The committee. the President thrown vote of 246 to 153), amend¬ a 31 March on necessity within the decision of the Congress of the United States. of The final vote of 63 to 23 (the House had approved a of the executive reorganization bill and the Army and Air Corps expansion bill. by The responsibility in erality." Reorganization Bill bills important Congress by The House year. of 29 to 110, retaining the $100,000,000 appro¬ fixed Congress was action $150,000,000 that: not The and the developments in this 29 to $100,000,000 of the March 011 fiscal the that its business activity. of Government lifting toward year, by the President to continue the WPA until the end priation next This action was hailed by business leaders the restraints to held how over by a vote of 351 to 27 to investigate reduced the amount by the Air Corps expansion bill, and denial by the House of the $250,000,000 sum controversy prog¬ President all the he asks, passage of the Army and money 27 March on Committee rests of an emasculated executive reorganization age ress of the fiscal the of Administration needs to carry it WPA, and the reduction by the House Appropriations asked legis¬ its activities final pass¬ national continued of reason Relief Appropriation continuation a bill by a vote legislation to replace the present Act which neutrality by regard included the adoption of the Cox resolution by the of Congressional Measures that such the Works Progress much EVENTS over Senator Byrd by desirable to reduce substantially Govern¬ reduction may be accomplished in some is it that WPA AND deleted in the bill just by proceeding immediately under the provisions of this Act. to the end clouds War declares 1931 and Street, New York March OF which Commission, Service amendment economy hereby beginning in expenditure, Publishers, COMPANY, William Street corner Spruce REVIEW the was Congress deficits measure WILLIAM Comptroller the affecting which said: ment LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, E.G. The pro¬ last session. the Of interest in the present bill as it went to the passed. The OFFICE—208 Civil the and at measure with the most opposition, were met per copy. CHICAGO Senate the year's Bank and Quotation Record is $12.50 Postage outside of United States extra. year. in last President The subscription price to the a in compromise with the controversial meas¬ a was defeated visions NO. 4 1939 measure ure of the Commercial & Financial Chronicle and is Issued monthly. and OFFICE NEW YORK, APRIL 6, VOL. 12 and U. PAT. COMPANY* in office of Librarian of Congress, Washington, D. C. Office at New York, N. Y., under the Act of March 3, 1879 Copyright in 1939 by WILLIAM B. DANA Entered U. Progress enactment was of made the (Program when 011 during the month President's March 22 National both in the Defense houses legislative Expansion approved a con- MONTHLY KEVTEW 2 ference report $358,000,000 Army and Air ; Corps the on had passed the measure on Feb. 15, the Senate passed a somewhat changed bill on March 7, and the conference agreement was reported on House The bill. expansion the bill authorizes the As sent to the President March 15. practicability of any plan involving repeal of existing the taxes on corporations. He did, however, endorse Secretary of the Treasury Morgenthau on special the concession of security taxes should be modified so March 24 that social employers and employees to save as building up of the Air Corps to maximum on include: than $200,000,000 more and to eliminate "avoidable burdens in the next two years 6,000 planes for which a of $300,000,000 is authorized. Other provisions Restriction of profits of airplane manufacturers The Administration's American productive enterprise." unexpected move to implement its business recovery efforts 12%, with allowance for averaging profits and losses to came on March 24 when Secretary Morgenthau, in a state¬ $23,750,000 for bolstering the de¬ Canal, and $34,500,000 for orders of ment to the Ways over four-year period; a fenses of the Panama industry in their pro¬ materials "to educate" American war amendment, which would deny Senator Barkley's duction. violating the Wagner airplane contracts to firms guilty of Act Relations Labor with accordance the House strengthen This ' item defenses." appropriations activities gram In critical equipment items and to for seacoast direct in a of bearing the on a $185,672,028 defense pro¬ the introduction on March 20 of a bill appropri¬ were ating $7,300,000 for training airplane pilots and the action of reporting strategic buy to expeditious senatorial action More as result a President's the of at agreement on March 16 to include the harbors at Guam in the rivers and harbors bill, which will come up later, instead of the naval expansion bill. In addition both houses the to the $13,330,946 was the Army 348 and tions, making appropriation peace-time 2. i%% be to airplanes, 781 under ordered step had been working on a $2,500,000,000 between $3,000,000,000 and was adequate. general question of taxes was the subject of a num¬ The Executive had with vari¬ ber of conferences which the Chief during the past month, members of the official family ous demands He said that it was his recollection that a Under-Secretary Morgenthau, Secretary including of the Senate Finance Committee Chairman Harrison. The Treasury was reported on submitted several existing authoriza¬ President. While the President indicated on March 15 that concurrence consolidation studied, such indicated was being At this later date the the doubted he that the to cast doubt on the possibility (March 21) projposal being enacted. a levies business existing March 8 to have recommendations revision tax five of he later President vote of 56 to 13, approved a of reserve that the Administration said plan for limiting the old-age reserve figure more accurately reflecting actual a considered of by proposal, Secretary's the en¬ to Acquisition of Stocks of Strategic Military Materials On March 31 the Senate, although explaining that he was not aware The President, of 1% to 1%% scheduled to take place in 1940, 1943 and thereafter. the rates in up in 1941, schedule thereafter. 55S addition in returned to the House for was and present Omit the increase from 3. but 1942, in Treasury Ilanes, and in the Senate increases. Bill for in 1942, and follow the present schedule thereafter. Increase the rate from 1% to 1 1/6% in 1940, to 1 1/3% 1%% to for total possible increase of 1,690 in Air Corps a The bill planes. passing The Senate version ot' the bill buy to (in House approved and which repre¬ had largest Department. the order on Nation's the War ables bill, outlay of $513,188,882, than the more March 3) of measure sented Corps expansion 1% to 1 Y^% in 1940, to.1%% in 1941, tax rate from Increase the 1. As this measure emerged from the Sen¬ March 27 it provided for an on which Aiv Army and (the present rates are 1% 2% from 1943 1939; 1%'% from 1940 to 1942; of the system. during the month passed the War Department appropriation bill. ate Appropriation Bill the following substitutes to submitted 1945; 2^>% from 1946 to 1948, and 3% thereafter) : to fund to 'War Department stage of business recovery. schedule of rates present from 1937 to $5,000,000 controversial appropria¬ tion for improvements of on substantial increase in the tax rate should be allowed a the present Morgenthau Mr. the the naval on expansion bill which passed the House last month was anticipated whether to occur effect deterring question like the present the con¬ be so financed as to have the business. It is therefore a pertinent recovery insurance system should old-age possible least three than said: incomplete business of periods tributory more prosjiective annual benefits in the ensuing tary of the Tresaury In Instead, the Secretary "not of reserve In his comments to the committee the Secre¬ years." five March 21 in on authorizing $100,000,000 bill a materials. base Military Affairs Committee House the contingency a times the highest authorizations. contractual and Congress of part was in January. uled to become effective offered principle and postponement xiart of the 50% increase in the payroll tax sched¬ of all or March 22 also voted an additional $116,539,287 on deficiency appropriation bill carrying a total of Other as presidential request made on March 4, a appropriation Army conferees opposition from defense heads and business. of result the by deleted was and Means Committee, proposed aban¬ of the "full reserve" donment practicability of plan involving repeal of existing sx>ecial taxes on colo¬ any legislation authorizing the Army and Navy to acquire $40,- rations, and he rebuked those in the business world and in 000,000 of strategic Congress who advocated a reduction of Government expen- As war materials in the next four years. originally recommended, the expenditure of $100,000,000 had been proposed, spread over a period of four Although there were half dozen bills before Senate a istration all but the maintained what least at ment duced item one by national The President on March 8. he was before the mo¬ embarking upon Constitution would on was intro¬ call for foreign a on a war. expressed liis disapproval of this amendment At the same time he definitely indicated that opposed to the neutrality law that is statute book, for commented Senators last month which 12 referendum be to regarding its position referendum amendment to the war com¬ neutrality, the Admin¬ believed was silence The them. of one discreet a profits the lapse, tax said President that he Avas opposed to voiding any tax which acted as a deterrent to Neutrality Measures mittees dealing with the question of Regarding the possibility of letting the undistrib¬ ditures. uted years. now but he would not amplify his views. the on Senator avoidance tax duced of bill a The war. levying Sixty Senators intro¬ by the very wealthy. March on aim bill the of the in taxes, designed to take the profits out 21 would of event major share of personal and corporate income. would range up to addition In the tax for sort of revision of some structure, the business community was assured on March 8 that the definite merce The levies 98.9% in the higher income brackets. the prospect to by accomplished be which would take a war, policies "appeasement" in the near Hopkins declared at program a press would have Secretary future. of more Com¬ conference that he would initiate positive action to fulfill the xiromises of cooperation Pittman, who heads the Foreign Relations Committee which with business made in recent statements by Administration is leaders. considering March 13 his a the neutrality amendments, resolution designed introduced discretion, to sell all units of naval vessels and anti-aircraft ican republics. artillery The on to permit the President, at munitions and resolution would to also and other arms, Amer¬ authorize the President to give the Latin American countries secrets con- erning manufacture and March 18 which he amend arms, in the Senator would introduce, Neutrality Act announced consisting so as to ammunition and implements of time of Avar on the Tax the Incident,to March operation of the armaments. Pittman 21, at a tax press so-called Retision another of a permit war resolution the On proposal export drive cal taxation In loch a vs. President of incomes Maryland Marshall in gated Rulings of Federal the 1819 vs. case and even and on employees. reserved the 68-year-old case Day, the Supreme Court on March 27 abro¬ reciprocal immunity which The present case arose out of York^ State ney State handed down by Chief Justice John which the Government from levying upon the conference, indicated that he doubted down an im¬ to the historic McCul- States from placing an income tax on ployees. the Court Supreme Court handed finding which went back of basis. States portant decision in which it held constitutional the recipro¬ of Collector Proposals revision United to to all belligerents "cash-and-carry" Supreme The to tax the has prevented the Federal salaries and income of State an em¬ attempt by New salary of James B. O'Keefe, an attor¬ for the Home Owners' Loan Corporation in New York The Court, City. (Mr. Douglas, a new split six to two with Justice Stone writing the majority opinion, held it within the power of New York State to levy such an income tax and President Roosevelt Tells Congress There said: to are that there is plain of Congress its agencies from tax burdens which basis no exempt the Federal Government or unsubstantial or which courts implies Congress immunity no implying for 'President Roosevelt, March unable are than more Con¬ the of the silence does of Silence discern. to debt, in communication to Congress on a 20, said that there is statutory purpose a $45,000,000,000 Federal Debt Limit—Would, HowRaise $30,000,000,000 "Ceiling" on Treasury Bonds ever, the is Is No Immediate Need for Increasing appointee, has not yet been confirmed by the Senate), It 3 MONTHLY REVIEW April, 1939] limitation of immediate need for raising no $45,000,000)000 on the public the $30,000,000,000 but he asked for the removal of limitation the face amount of Treasury bonds that may on Although it is believed that Federal enable the to sary legislation is neces¬ no new Government taxes on levy to officials have indi¬ the income of State employees, Treasury they would like to have Congress make specific cated that A authorization for such taxation. embodying this measure be outstanding at any one time. The President transmitted to stitution. request from Secretary of the of committee stage in In another Court held tional W. that immunity ruled merely the Senate. similar Finance struction Q. Van C'ott, Corporation Federal the Utah, had The court and sent the issue involved as constitu¬ no income tax. back to the State court for decision case the Recon¬ counsel for in Utah the Supreme March 27, the on was circles congressional led to Justice in It had been indicated "salaries of employees Government or would removal of taxation was the States." by been ill, Chief its instrumentalities or Hughes, who has Justice did not participate in the Utah case. No dissent announced. i Other important Supreme Court actions during the month March 6 to review on Lumber Co. of Onalaska, that firm the $185,000 back pay, and the on validity of to 14 said on milk on order by the NLRB an discharged agreement of employees with March 27 to rule on Marketing Agreement its The pending the outcome of the area Act for enabling stitutional The six-month effort price control March 13, in on Massachusetts that late Colonel Edward, II. R. is entitled to collect a the was in the court. case was by Federal District Judge Cooper Supreme Court ruled milk on held uncon¬ Feb. 23. residence of the Green, and therefore that State of almost $5,000,(XX) on tax the $36,- 000,000 he left from the estate inherited from his mother, Hetty from Green. decision the Black Justices the on Frankfurter and ground that in tance Chief Justice Hughes was ill tax. bench. the affirmed a the four-State controversy Justice Stone delivered recommendation in favor over and absent from the opinion, on —Proposal Attached by appointed case. Oils and Fats Increase Bill Taxing Federal Employees posals to increase the excise taxes declared in a letter on on imports of vegetable reciprocal trade agreements already in force with such im¬ the United Netherlands and Brazil." tors Tom Kingdom, Canada, The The increases proposed by Sena¬ Connally, Democrat, of Texas; Josiah W. Bailey, Democrat, of North Carolina, and Guy M. Gillette, Demo¬ crat of Iowa, were called for in amendments attached the President In his support. ments would make it my ever as The measure which has Ad¬ President in his advices to "the adoption of the amend¬ clear duty to veto H. R. 3790 how¬ than States Both Secretary of State Hull and Secretary of Agriculture appeared before the Senate Committee during the month voiced on March 6 and the latter on March 7) and opposition to the increased tariffs, contending that they would violate trade agreements with other countries. the at think that in two speeches En route March 30,—one on at the Tuskegee Institute, at the Polytechnic Institute the President have we previous 60 to make them done in those more six years all through these southern years self-supporting." work" he said; "it means It means a lot of incidentally getting the South out of hock to the North." Investigation of WPA Called for in Resolution Passed by House—No Resolution on by Required The House of Representatives on Senate or Cox for President March 27, by 351 to 27, adopted a resolution sponsored by vote of a Representative investigation of the Works Progress Administra¬ an tion, to be conducted by the House Appropriations Commit¬ This marked tee. make to time since the creation the first of the independent survey of relief requirements and an administration. result to in The findings of the committee are expected future relief policy to guide the House in a The House Rules Committee on March 21 appropriations. voted favorably, 7 to 4, on the resolution. In Associated Press advices from Washington, March 27, it stated was that the resolution, introduced investigation by Representative Cox, Democrat of Georgia, requires action of the Senate or House Kills Resolution into Impeachment adverse no President to make it effective. Which Would Have Called for Investigation Charges Against Secretary of Labor Perkins Representatives March 24, in tabling the on its Committee report of the Judiciary, which on unanimously agreed that there was no ground to justify an Labor Frances E. Perkins, thus had charged, killed the resolution, which it is said, failure to enforce the deportation laws in the case of Harry Bridges, West Coast labor leader. Bill Extending Life of RFC Signed by President the With completion of congressional action on the bill Finance Corpora¬ extending the life of the Reconstruction tion June to Roosevelt on his signature 30, 1941, the bill March 4. The was approved by President bill went to the President on Feb. 20. The bill had previously passed The 16. only distinction between the by amendment, said House which from Senate the to trical 20 Representative that Home "the and and paragraph The accepted. on Feb. 22, $40,000,000, bill extended and or the other catastrophes In explanation of the provisions of through the year 1940. bill, Senate a stock of the Disaster Loan Corpora¬ $20,000,000 authority for loans because of floods Feb. the Senator Glass in the Senate increased the capital the by the House the Senate on bill, it was indicated had to do with inserted for after the Senate had on Feb. 22 concurred in amendments made in the measure as passed tion meritorious the bill may be." (the former delivered address "I Feb. Senator Harrison states that Two-Weeks' Stay at for Tuskegee, Ala, founded by the late Booker T. Washington. House ministration Washington before the students of the Alabama Polytechnic Institute at of stat9 and Federal a Leaves Ga.—Addresses En Route Students of Tuskegee Auburn, Ala. and the other riders to the pending bill for reciprocal taxation of the salaries employees, on System. March 30 to Senator the amendments "run directly counter to the provisions of as Reserve proposed two weeks' stay at Warm Springs, Ga. Harrison, Chairman of the Senate Finance Committee, that portant countries Besides investigation of impeachment charges against Secretary of President Roosevelt, who, earlier in the month (March 14) had indicated at a press conference his disapproval of pro¬ oils and fats, officials of the Federal The House of to Would Run Counter to Trade Agreements to for limiting the proportion of the which of Massachusetts President Roosevelt Advises Senator Harrison That Plan Tax lacked the inheri¬ John S. Flannery, Washington attorney, who was special master in the debt Institute and Alabama Polytechnic Institute— dissented the tribunal jurisdiction the public in increase WPA, in 1935, that the committee was granted the authority six-to-two decision, a legal an "partition" Roosevelt Action abandoned for ask President Roosevelt left Washington on March 29 for his Department of Agriculture regulate the marketing of milk in the New York metro¬ politan the March 13 with prices. case the had it appeal by the Carlisle an Agricultural Regarding the latter March 147 an the Act of 1937 and orders on Wash., reinstate not lunching with the President, Mr. Morgenthau conferred said were: A refusal March 13 by Secretary Morgen¬ public debt in outstanding bonds to $30,000,000,000. of¬ longer immune, under the Federal Constitution, from Federal on limit at this session of Congress, but that he would ask Warm Springs, ficials the "revolt" economy to whether Utah are no a thau, after lunching with the President, that the Adminis¬ employees. said that case, of result Committee. Black, who delivered the Supreme Court's opinion Utah the Federal tax the as interpreted in Washington by Senator Harrison, Chairman of the Senate Finance President wanted The Treasury Morgenthau, in explanation of his views. tration decision, from on the and it is now in the President, requests from copy of a written a President's communication authority has passed the House in accordance with a num¬ ber Congress Sabath stated authorizes the Farm Authority, in RFC which the and is House the on Elec¬ operated in MONTHLY K^VIEW 4k to continue to perform their re¬ connection with the ItFC, President Roosevelt, Extending Functions Export-Import Bank and CCC Until 1941—Borrowing Power Corporation Increased from $500,000,000 to $900,000,000 by Approved June House accepted amendments incorpo¬ The contains bill relative Act year Corporation of the CCC and changes its March S, under This sum . . $100,000,000 instead of The bill this capital, borrowing $900,000,000, . in amendment plus power the borrowing the by fixed from CCC the of $500,000,000, to make its $1,000,000,000 resources $000,000,000. bill also the lending of the Export- power Import Bank to $100,000,000. suggestion made was a by President Roosevelt for on plan embodying a March 28 of Roosevelt, President cotton an export President, the details of such General that , worked out, but it probably to the market. W. the plan goes into operation. The total President the "on stocks of cotton the alone by Representative Charles Tobcy. President Roosevelt Nominates F. /. Thompson as shipments ending Aug. 1, 1939, will be of cotton abroad for the year Member of Federal Communications Commission Frederick I. Thompson, of Mobile, Ala, was nominated by March 28 President Roosevelt on as a member of the Federal is which of Mr. Sykes, runs former Southern newspaper a ber of the United States until 1941. Mr. Thompson publisher and a former mem¬ Shipping Board. Roosevelt Nominates N. W. Littell as General Succeeding C. McFarland, President Assistant Attorney Resigned Norman W. Littell as Assistant The nomination of Justice of ment sent was The Bales addition In March gested to 28 On Congress. bloc as the subsidy plan forth domestic subsidy plan of a said, by Senator Bankhead) Frazier Senators. (Republican) is reported It price-fixing Government substitute Harold on of North Dakota that the bill would a long list of farm commodities for the present program of crop and Appointed Director of Budget—Succeeds Acting Bell, Now Assistant to Secretary of Treasury Smith D. W. D. Director Morgenthau Budget Director of Michigan, on Harold D. Smith, 8 Federal Budget, marketing controls. Morgenthau. ury Mr. It is reported that Mr. Bell, of the Budget since Septem¬ who has been Acting Director 1934, when ber, later his to old to Secretary of the Treas¬ Smith is expected to take over his April 15. about duties new Douglas resigned, may return Lewis W. position Commissioner of Deposits and as Accounts. National and State Banks Advised to Consider According to special advices, March 27, to the New York "Journal of Commerce" George resolution from its Washington to the bureau, sidizing. exports of cotton was made the unfinished business of the Senate that day, but a vote on passage was deferred Fair Labor Standards Act—Interstate All Employees Subject Motor Carrier Employees Also Subject to Act The Wage-Hour block Administration plans for sub¬ to •» Administration on March 24 notified all State and National banks that their employees were to might advised ployees should be considered as coming under appropriation and Department of The Agriculture plans for encouraging cotton exports. Senate Agriculture Committee Approves Bill for Disposing of on March 9 approved the proposals of Senator Smith and of cotton. Government surplus stocks (11,000,000 bales) One of the methods would give the of cfop instead of increasing the loan stocks. take some a partial loss of it in Government-held would reduce on its loan cotton and try to dispose of trade channels after cotton at 3c. their allocated a July 1, 1940, by selling pound to production this growers who season. The Magruder, Calvert on general behalf of Administrator Andrews. ruled that employees not exempt from hour provisions of the Fair Labor Standards Act. American farmers By the second method the Government, it is stated, would by Administration, that all em¬ the Act. private, common and contract carriers, other than driv¬ ers, are Foreign Policy Highly sensational international events crowded on each additional credit up to 5c. a pound if they marketed cotton from this season's F. issued was Mr. Magruder on March 24 likewise Agriculture Committee recommended the passage of a bill for dealing in two ways with the huge ruling counsel for the Elmer Cotton Surplus After weeks of dispute, the Senate they be subject to, penalties versial payment subject that because of the Standards Act and Fair Labor the pending further developments in the House on the contro¬ parity March Director of the succeeding Daniel W. Bell, Acting Director, appointed by President Roosevelt at was who has been made an assistant day (March 30) the Senate Agriculture Com¬ Senator by 16 other and which a year. reported out the "cost of production" farm bill spon¬ mittee sored same $90,000,000 its In his, time. McFarland said that he was Mr. President the to returning to the private practice of law. 30 it was stated that the so-called would cost the Treasury about On the for cotton sug¬ Roosevelt, various other growers have been before cotton March brought position was announced at the same letter Loans Government President by (sponsored, it is own Collateral for export affecting measures Senate Held Roosevelt. Bill to Permit Cotton Growers to Reclaim Senate Committee Approves 3,000,000 President than 50 years." more Attor¬ Division of the Depart¬ to the Senate on March 16 by resignation of Carl McFarland General in charge of the Lands ney from that the lowest in O. Sykes, He will serve the unexpired seven-year resigned. who has The President likewise said that exports continue at their present rate our our Senate in 1932 and was de¬ to the last Fall re-election for already in the loan approximate cotton $45,000,000 annually." "if that out than 11,000,000 bales, and carrying charges more said he pointed Elliott, who became General after Mr. McCarl's retirement. Brown was elected term A moderate payment on all cotton exported after 2. He will take over performed by Richard N. been appointment 15 years at a the duties that the confirmed Mr. Brown will serve a term of Communication Commission to succeed Eugene would include: A payment of $1.25 per bale to producers who release their loan cotton 1. 30, 1936, after serving 15 years Senate The post. salary of $10,000 a year. feated nominated Fred H. 30, from McCarl, who retired on June According plan remain to be a March on General U* New Hampshire, as Comp¬ of the United States, succeeding John R. payment on all exported during the life of the program. the to a United States Senator former troller man by President Roosevelt as Comptroller Fred H. Brown Named • for cotton, which would include program youngest Justice. Associate Mr. President Roosevelt industry fifth the and years, Acting Comptroller Among the developments incident to the plans in behalf Senate, the court in 128 ever to become an youngest justice to take his seat on be the have Export Subsidy Plan for Loan Cotton Proposed by of the cotton of Justice Louis D. Brandeis. 40 years old, will, if confirmed by the who is only April 3. restricts fill the vacancy caused by the resigna¬ Mr. Douglas, Supreme Court, to tion in February in United States Roosevelt for a seat on the bench of the dent Presi¬ Commission, was nominated on March 20 by Brown, amount of resources power making $900,000,000, is ... increasing its Chairman of the Securities and Ex¬ William O. Douglas, change borrowing authority from $500,- Steagall in the House on Feb. 21, as follows: tive Roosevelt as Supreme to Succeed Justice Named Chairman Justice—SEC Brandeis, Resigned This was explained by Representa¬ 000,000 to $900,000,000. its the of Congress affects the resources, the measure just enacted by the 4 Congress a by effective made is which amendment The Section to passed as by President Roosevelt on and signed ago, 1938. amendment an the to Feb. 23. passed by the Senate on the measure as in rated or more. O. Douglas Nominated by President William con¬ The bill was finally disposed of by Congress 30, 1941. Feb. 24, when the on bill the 4 $300,000,000 culture Wallace at Court Commodity Credit Corpo¬ Export-Import Bank of Washington until the and March on of of the of operations the ration signed Roosevelt President tinuing $100,000,000 and by Secretary of Agri¬ by Senator Smith at 1941." spective functions until Jan. 15, Bill under these plans were estimated to the Government cost other's tions to heels in the during March, United adherents European of the concerns. and States which admirable occasioned are official reac¬ far from comforting doctrine of German expansionism aloofness was from carried in mid-March to the point where the alien people of Czecho¬ slovakia were brought under the heel of the Nazi regime: This deplorable condemned of consequences all countries in the private German the be attempted, was a sen¬ Mr. Free in To all of the questions centering of Danzig and the Polish Corridor. City and intents during any by Great Britain for adjustment negotiations the be guaranteed would of indicated that the territorial integrity Chamberlain Poland March 31. the House of Commons on ister Chamberlain in that and of the fear move, policy, announced by Prime Min¬ British in turn the One of peoples. democratic of further territorial seizures might sational naturally was speech by Chancellor Hitler step roundly in communications and purposes indicated was Soviet that These and Russia other which marked has about brought succession of such history European recent in addition, Welles formation the teeth, and inevitable at in Europe that is bent a than more time some sober observer holds a clash one or arming to upon Great Britain and France other. naturally desire to have the United States aligned on their side in any hardly suggests conflict, but our experience in the World War United of the of affairs that this States shows avoidance the or be for the benefit either would world at foreign entanglements is the only proper for the foreign policy of the course Roosevelt Every aspect large. plainly that defense of our own interests of prefers But Mr. United States. skirting dangerous a a paths along of the intemperate remarks by the perusal of the German copy for inclosed was standing of an authorities, and the speech thus given the announced more, of crease 25% punitive March 18 a "countervailing" duty in¬ on all imports of dutiable German goods, in a on that manner further¬ The Treasury Department, official communication. calculated was to impression the give wliicji Reich the against measure of "short is a of but stronger and more effective than mere words." war, Crisis European In swift the averted and the at sug¬ 10 free their and from them." short especially addressed Ger¬ the to that might agreement disarmament Home that regarding March began with precarious peace. London, a narrowest of margins, by* the there is no assurance April the from British March European events, general war was ac¬ Sir Samuel Hoare, fresh appeasement endeavors. company to of Reich, for man of of start maintenance the rush during March only overtures the fact that new alignments are Obviously apparent is under legal basis exists for the status so indi¬ any it years. and In cated. Mr. the effect that the United States does not was sent to recognize that fully kept being was developments still another severe waf crisis in the long incidents reply "anti-Hitler bloc" of nations was an formed, for France joined in the British guarantee and informed. 5 MONTHLY EEYIEW April, 1939] Secretary, urged in a public address on European leaders should join effort in an peoples from "a nightmare that haunts them expenditure an The world that armaments upon might be transformed in beggars incredibly an time, he added, if the dictators of Germany, Italy and Russia, and France the action toward Prime with worked Ministers singleness "the greatest Great of of Britain unity ever opportunity that offered to the leaders of the world." and and has been purpose The comments of ne - gested by him early in the year when he declared that the sarily represented the views of the British Cabinet, since sentiments of they were made by a leading Minister. They interesting in German territorial expansion nations effective more people could be brought home to aggressor our by "many methods short of war, but stronger and than official pronouncements is leveled in March against the were officially aligned being Strongly condemnatory Morally, at least, the United States governments. aggressor words." mere side of the one on developing further any thereby. world the United Britain Great with Europe is in that stands States and France, throughout the shoulder and Administration the enhanced immensely prevails The impression already that denied conflict it shoulder to hardly is sedulously be to fosters that It would President Roosevelt addressed and House March on joint session of the Sen¬ a 4, which illustrates the trend of Extolling American traditions, policy on foreign relations. he remarked that "where deomcracy is curtailed, own there, too, the right to worship God in one's is circumscribed way by passiveness, who today far as abrogated." lend religion persecute the or silence, our asked, and he supplied so is snuffed out, where it deny or it? Americans of by we our those to Mr. emphatic "No!" in an sentiments Shall encouragement Roosevelt In individuals as answer. are of rapid the which followed, and especially are for moves view in of a that the British had little idea of the im¬ appear German aggressions. pending Germany annexed the greater part of what Czechoslovakia, in the German authorities destruction of clusion from plainly utilization Slovakian rule wants no Der Czechs," German rule his sent granted was after proclaimed in some "Germany that troops careening under "in¬ were alterna¬ no the protec¬ Ruthenia, between fighting the east¬ as called, went to was local units defense concerned, the President unquestionably voiced the prevail¬ and ing views entertained here. accepted the change peacefully on orders from their respec¬ official whether action A considerations. The problem remains, however, properly should be based defense of Administration the such on foreign policy was essayed in the Senate, March 7, by Mr. Barkley, the criticism expressed owing to mitted on spokesman for Mr. Roosevelt in Senator Barkley As the ad¬ all sides. is designed not only to maintain peace in the Western Hemisphere, but to "make other deal is some of the parts like contribution "making what precisely The on apprehensions velt increased as lowed wrorld." the was induced to embark a German the to a as the preservation for Government in peace good a democracy," which invading regimes. easy master Hungarians. Slovakia, for a hard authorities which were of merely exchanged an made the pretext for this astounding change of the European map. The implications Hitler's bloodless of war Germany emerged dinary. of close to 90,000,000 munitions other what high plateau become has Herr as extraor¬ are greatly strengthened nation as a people, in possession of the Sdoka and plants, and Central of known against Czechoslovakia Europe which in unopposed is control of the key to the any move eastward gary effected to the foreign policy of Mr. Roose¬ adjustment of the map, and Germany thus is not in direct not done when the of several consequence country moves seizure of Czechoslovakia. "cannot refrain from was that fol¬ Acting Sec¬ March 17 that making known this contact with through by the Reich armed forces. territorial-junction a and European lands, and nomic consequences friendly even of the Germans could grasp with whom, from the a day free and the Czech part of when the but Republic of Czechoslovakia attained its independence, the capitals, some Although Hun¬ Poland, of the which metal may Hungary to attack the Russian Ukraine. the That extinguishment of the liberties of with in Rumania, it is clear that the Reich could small country's condemnation of the acts which have resulted in people course, Slovaks and through appeals to the German one, the temporary independent Czechs The foreign crusade in 1917. retary of State Sumner Welles declared on this of This begins to sound world safe tive Upper House, the declared that the policy the of under the which is simply another sort of the alien people. over re¬ degree into which they autonomy con¬ which been granted tip of former Czechoslovakia Hungary crisis, greater a September suddenly tion of the German Reich, ernmost for The bitter a Czech regime, which clearly had Slovakia tive. Cabinet Fuehrer, who last through Bohemia and Moravia, vited" by the carried to had left of well prepared. were a than only tones of was March 15 for which on was demands autonomy arrangement. impassioned move the small State through sulted surprise a freedom from Czech view. ate light resumption by Premier Mussolini of demands upon France. European conflict, and the danger of our becoming involved in the latest developments the move Eastern The are eco¬ great. gold reserve of $94,700,000 which naturally is was London in not give it up seized immediately, and other readily to European the Reich. people of the United States have maintained specially close Foreign exchange holdings of the Czechs amounted to $39,- and 000,000. friendly relations." World peace and ture of modern civilization acts the of lawlessness United Germany States of the and are being threatened by wanton arbitrary force, he added. Government annexation the very struc¬ of was informed Bohemia and When officially by Moravia, a The small country was one of the defaulters on European war debts to the United States Government, and it now is clear that the be written off ernment $165,658,000 owed by Prague must completely. dollar bond issues Two publicly floated Czech Gov¬ are outstanding in the amount MONTHLY REVIEW G of $17,448,000, and further $7,574,000 of Czech municipal a taken into the calculation. and corporate The reciprocal trade treaty between the be bonds must Czechoslovakia lapsed, of course, and United States and with it the extension contained therein to other nations of the tariff concessions and absorption of Czechoslovakia took place with Reich unexampled speed. whether or mier real for freedom, Slovakian Cabinet Joseph Tiso was ousted from the March 11. on demands Slovakian simulated, reached such a stage that Pre¬ Tiso appealed Dr. Chancellor Hitler for to support, and the German dictator promptly took everything into his Emil On March 14 the Czech Premier, Dr. hands. own Berlin for conferences with Herr Haclia, arrived in Hitler. These fully" the that nouncement ended talks placed fate the with 15 "trust¬ The The ominous immediately apparent, for early were an¬ Hitler. protection of the German Reicli. implications been had Chancellor of an declaration and took the Czech people Fuehrer accepted the under Czechs the of hands the in March early the on day 200,000 German troops marched across the Czech same border. Hungarian instant same Ruthenia, into border the across the at troops in nations earnestly desired. The Premier of Ruthenia, Augustin Volosin, appealed fruitlessly to Rumania for aid. and fled then to that country. "ceases to Czechoslovakia placing the German areas is to be Herr Hitler declared that exist/' and decrees Hungary announced The part of its domain. Ruthenia that of the small country rape March in It immediately made plain that the shock to inter¬ was national confidence might have serious legal, brutal described the German and seizure "wanton and step as Speaking for the British Government, aggression." Prime Minister Neville Chamberlain expressed bitter German over the with German British authorities promptly Berlin Ambassador to Edouard Premier In British Impending move. consultations. for the London called home to Chamber French Daladier asked of Deputies, extraordi¬ received and stated for the benefit of both fascist dictators that will territory yield, to trickery single a or also Berlin talks canceled, and the were was regret trade to make an immense workshop of France. nary powers never The consequences. States Government refused to recognize the United force, to France Ambassador consultations. for to These actions placed Great Britain, France and the United States Joachim after the destruction the absorption of Bohemia and Moravia, the German Nazi regime continued to trample was made people, Was next pressure small The self-rule. and Lithuanian brought without Foreign the Reich.An wliereunder Memel by more ments into the Minister, of again single a Juozas Urbsys, "agreement" was 160,000 through The shot. appeared Memel, which formerly on was Reich, the firing with its announced the March Poland authorities. was Slovakia With also with that area. More sig¬ It of capital sovereignty unimpaired economic control vantages for free ports the Danube will many possess Minor. Hailed Herr a oil and mineral to be provided for the Reich are clear to close capital gained ad¬ Rumanian the Black of Sea, which vanced economic line down to as after Soon neighbors upon With were the execption of ize all profoundly troubled lest they next to make "living room" for a dictator a indi¬ City of Danzig and March on corridor, 29. Ger¬ and the other side of on acute, and the flight as War States assumed the risk Bloc rates ad¬ were marched ruthlessly into Czechoslo¬ "anti-Hitler bloc" of nations, to halt the aggressions an of the Fuehrer. conquest-mad initial The diplomatic ex¬ plorations of this plan apparently were loose and general. France was to be a and were also Russia leading member, of course, and Poland approached. Moscow and Warsaw the on asked of Great Britain part regimes two The apparently at first there was little inclination to crisply France, and at for "com¬ but give such assurances. Reports indicated that the Polish authorities, in particular, little expressed of force Poland, which neighbor from Firm of that effective and proposed they Poland, only without the guarantees were urged prompt the of intimated not declaration mere a assured members authorities up in it. by anxious not to antagonize its powerful was unless other back faith behind steel were coalition. quite prepared Rumania, but also support Russian to Yugoslavia, Greece, Bulgaria and Turkey, provided definite assurances of a like nature forthcoming from London and Paris. were sentiment British the on matter apparently crystallized rapidly, when it appeared late in March that Herr Hitler was preparing to make overt moves for adding Danzig and possibly part of the Polish corridor again to the German domain. and Cabinet meetings were held throughout March 30, the at of end that day it was intimated Minister Chamberlain. Chamberlain pendence Hitler attack based of accordingly, Commons variation of British unqualified basis, while formation Prime of wide a Minister said confirmation pledge to Poland on differences international and views of rumors belief a should negotiations, rather than by force be that or an He adjustments that made con¬ anti- his Gov¬ planned by Germany against Polish areas. was the official no 31, of for The nations. of had March British defense of Polish, inde¬ an on proceeding are bloc ernment pledged was sultations On highly important a pro¬ a the House before went that policy would be made known by change in British through free threats of force. On authorization of the French Government, it was stated that Paris during likewise the guarantees period of consultations. In Polish answer border the to questions, Mr. Cham¬ berlain said that the Russian Soviet Government is included in the group being consulted. The international trifying. It was A an effect of this announcement was elec¬ viewed with intense satisfaction in Paris German news agencies derided the statement attempt to create international distrust of the Reich. good deal of general nervousness also prevailed, however, for it was feared that Germany might take up the gauge of battle and plunge the world into a war that might destroy civilization. Relatively speaking, German military strength and Italy, capital vakia, efforts were inaugurated by Great Britain to organ¬ Asia "Aggrandizer of the Reich," they "correction" of the fron¬ wave. Germany probably is at plainly determined to continue his conquests interruption. the that admitted known that Poland would fight recognized tidal a but started had the famous well was denied sharply. Ger¬ means that Free the on Anti-Hitler proportions French rapidly. Germany of Germany's be called of German , in Hitler without and Rumanian subjects the country from Berlin. exploitation resources, and on but which leaves Minister demonstrations Polish the from Europe to the United and Warsaw. 23, from actually was The situation tier. as March hurried Lipski, Foreign Warsaw, in the event of German moves for character signed with appeared in great numbers nificant still, a commercial accord of the most far-reaching was out such directions. Josef Germans to poured troops into frontier. the The reports Corridor man Uroops part of the Reich, trade arrange¬ a announced were 23 restored immediately to Reich sov¬ German less than or in part was A trade understanding with Lithuania also ereignty. announced little Memel, territory of Berlin for conferences of Slovakia of Europe. over more German protectorate with a degree of political a 'Press Polish the Reich. regarding Eastern Europe. Czechoslovakia and of marked were Anti-German ultimatum an that conversations cated Mr. Germany Expands Further with Berlin, conversation a the in announced Not content to Ribbentrop. von "demarche." Prime months ago. some corridor German diplomatic step in a issued had found called Polish Ambassador onstrations concerned, as our own Ambassador to Berlin was re¬ \are the occurred in Poland and were countered by anti-Polish dem¬ diplomatic parity, in so far as relations with Germany a on of Polish Warsaw to He single inch of a French The back called was or right. and settlement, it appears, as reports began to appear late mitments" complete. was as issued were ,of Bohemia and Moravia completely under domination. Danzig tries. for Polish frontier and thus establish the common border which both promises and plainly was intent upon own the reach to race a marched his scorns The generalized to other countries. Hie who seizure of anything that could be taken from weaker coun¬ economic It or near strength, its peak, in contrast with British which currently is being augmented that the Reich suffers from also is known malaise, as arrangements were announced in Ber¬ lin late in March for issuance of a form of tax certificates which amount to little more than prepayment of tax levies. Chancellor Hitler gave a partial answer to the grave ques¬ tion of war or peace on April 1, when a new German 35,000- than "chip will ready visited ages upon that intimated He Fuehrer said, catalogue of the indignities and dam¬ attackers, fight any to the usual long after Germany shoulder" attitude was reflected. the on be ordinary observers had anticipated, for only an most the Reich in the Versailles settlement. the Anglo-German naval treaty might Munich the that and Britain declaration might Germany Poland references to of declared war there Great between But no lapse. were no and Italy Despite Premier address the little relations of disputes that have strained the the territorial of made in March toward adjustment was progress diplomatic exchanges, of some interesting publication The problem has been clarified only in much of the available information 011 the Italy and France. the that sense in replied inch failed com¬ pletely to set forth any Italian specifications for remaking political map, and the note promptly was published said the in It is about of they somewhat feels disgruntled Nazi effective, the regime. In of Great Britain. Italy in such order Mussolini Signor highly-armed and nation, which unquestionably would actually support is far dif¬ however, position, German with the immediate support might well-pre¬ would receive Whether Germanyfray remains doubt¬ a the best trained observers "of international affairs ful, for incline a of Europe. the combat French pared little more His demands his risk to represent doubtless axis. that from make have developments, portentous are that rapid territorial expansion at the other end of Rome-Berlin ferent to prisoner a diplomatic chess-board the on Mussolini the these likely more moves Premier the to remain intend not belief the to of matter mere that famous Rome-Berlin the convenience and not of steel. axis is Daladier M. resumed candor his apparently Mussolini to least the in not been proceeding against relatively weak opponents in Central and Eastern Europe, probably with 110 alliance close the of product of Great and feel may of need no Italy is not to be "imprisoned" by Premier- Daladier. Peace After than in than more 1,000,000 damage lives in Spain months 32 of warfare, in sacrificed were which more untold and Britain France and but is is directed March, through completion of the victory won by General elected still Franco held his and insurgent forces Government. loyalist the loyalists by surrendered, virtually Madrid fell 011 March 29, the terms demanded by on developed in Italian circles on the axis question, has Adolf Chancellor Hitler sent message a Premier to Mussolini, 011 March 25, which virtually urged the Italian take to dictator firm a stand. The two nations stand "shoulder to shoulder against attempts to restrict the justi¬ fied for and Italian peoples," speech of March 26 was relatively- Duce's II German the This assurance appeared to carry little Hitler said. weight, of living for will Herr mild. General March 28 without the firing of a on With this ending of the bitter struggle episode chapter new a sibly in Europe as a whole. tain to prove arduous surmised be to the that left resources pos¬ cer¬ which process, and impoverished country will find painful. war-torn hardly that day. Spanish reconstruction is and long a on Spain, and opens in the It is the after long civil war will suffice for the numerous tasks now to be faced, be sought. suggests that which From the conflict brings up the financial external international the aid will viewpoint the end of celebration belated Premier for occasion hear of his the Premier, sized in the address, tions satisfied. are proceed while immenent end of Those the but the world was informed that Italy of to that peace Italo-Frencli until her aspira¬ negotiations could Spanish war was in progress, the adjustment of a who dwelt long on the achievements contributions no twentieth. anniversary the was The need for European peace was empha¬ regime. make address An enormous crowd gathered in Rome founding of fascism. to Mussolini's that conflict provided an differences, Signor not of insurgent and the extent German Governments, which provided active assistance for obligations to the Italian and Franco. Peace is blessed, and its return must be regarded as an But peace Ever fell Catalonia to the evident that the loyalist cause sions initiated were Madrid the aroused the on opportunity for Mussolini indicated. differences, he added, carried the names of "Tunisia, Djibuti and the Suez Canal." France Dec. 17. had a bill of The assertion was made that particulars in an Italian note of Signor Mussolini also made a few graceful admis¬ sions, such as a declaration that France and other nations also have rights in the Mediterranean. He said that until no those of the war. than since Spain to occasion for profound thankfulness. Spain and to Europe problems of brings to lesser import greatest the by collapse of insurgents, it has been lost, was junta the and the terms of conjecture. that Peace took loyalist discus¬ command regime. Late in in March these discussions were advanced sufficiently to occa¬ sion formal exchanges. bore emissaries to resemble on terms the demand Franco. General For this purpose loyalist airplanes Burgos the that understood March 24, and it was of would capitulation for unconditional The loyalists generally surrender requested closely made by- only that the in¬ the departure of a number of leaders of the elected regime, and apparently this request surgents was would not oppose A slight hitch granted. have may occurred, for the on M^rcli 26. They met little resistance and even some help from the beleaguered populace. On March 28 the insur¬ gents marched into Madrid, obviously through pre-arrangement, for the investing army distributed food to the hungry people and fired not a shot. Insurgent sympathizers ap¬ peared in great numbers and aided tlie Franco forces ma¬ terially in the occupation of the city. O11 March 29 the insurgents took over Valencia in the same manner, and the cities of Alicante,. Murcia, Almeria, Jaen, Cuenca and Guadalajara but the of problem of Italian troops in Spain insurgents started a surprise military attack in Cordoba The will area the start of the month was at making it possible for the insurgents to pro¬ claim tlie formal surrender There is some reason to believe that a cool¬ the duly- over Madrid-Valencia The shot, and the rest of the salient went over to the insurgents a also material done, peaceful conditions were restored in Spain, Francisco that the Italian the recent developments, expansionism, German against Italy. for approval, or is being jeopardized by position ness aid Mussolini well Premier either. for Italian of expectation he The closely controlled Italian press most unfavorable view of the statements a found liking, for his Cosenza, March 31, with a speech-making at the Mediterranean. took Dec. 17, of described the He rights for Italy, which must Premier anew. thunderous declaration that in note the surprise. quite accurately, as an argument that the con¬ examined French in forth set great expressed Italian note, the recalled was As to Signor Mussolini's claim that the been quest of Ethiopia created new be Tunisia 011 indication of French willingness to an as had aims convention The Daladier Italian clarification of the aggression, and called for stand. Ger¬ The the will and the ability of France made impressively clear to resist any He territory or French rights. of the surrender of French General have Nazis man the basis unsettle relations with Italy, he said, but never on Franco. that possible seems idle than Italy does Mediterranean. it but that Premier Mussolini Daladier. charge on March 30, with a speech in which returned to the he out M. bears documents the Examination of reply of Dec. 25. French the along with difficulties that may is prepared to negotiate any always The French territory will be relinquished. French spokesman also indicated that the Italian note of the March 011 replied for France March 29 with a stern declaration that no single on of Premier Edouard Daladier note of last Dec. 17. a forensic out¬ a since they had been set of the Italian requirements, aware to 26, in which he declared that France is burst, on March forth followers fascist his treated Mussolini Premier Benito public. Italian demands now has been made Daladier make adjustments. thunderous speech-making, and of deal good a civil rights. in a general radio 30, and he minced no words. France complete extinguishment of all the to by M. France continue to arm and will carry that process even try will Italian Danzig. or rights" of Italy have been recognized, the coun¬ the "sacred Der discarded, in view of the British attitude, and be milder His address was much battleship was launched. ton 7 MONTHLY KEVIEW April, 1939] likewise fell into insurgent hands. In some places the insurgent sympathizers and the populace in gen¬ eral simply assumed that the change was effective and established Formal eral new regimes before the insurgent troops arrived. termination of the conflict Franco late on March 29, was and announced only police operations remained to be carried out. of 14 loyalist group All by Gen¬ it was indicated that A fleet airplanes carried to the safety of Algiers a of loyalist leaders headed by General Jose Miaja. reports from Spain indicate that the 1 war-weary people greeted the end of the war with relief and joy. The ? . v* * . MONTHLY EEYIEW 8 City of Madrid, besieged since early the Some promptly were released and aided mightily in indicated. Religious and and concentration camps, from jails of transfer the prisoners political 18,000 in tlie war, welcomed , who brought food to the starving citizens. insurgents, the city, is it appeared as if by magic. To one degree or another these manifestations were repeated in the many other cities which fell to the insurgents. There was also, however, an undercurrent of anxiety as to the new problems introduced by the return of peace. The great bulk of Spanish man-power has been enlisted in the war 011 one side or the other, and one of the immediate ques¬ monarchist insignia by General Franco is the return of the huge peaceful pursuits. Repatriation of the hundreds of thousands of Catalonians who fied to France must be tions faced armies to The effected. to a Highly Spain, for the interventions the new relations of national be brought back in general important will be the inter¬ must country basis. peace three years will make impossible the , sort of isolation enjoyed previously. Insurgent officials warned other countries on March 28 to "keep their hands off Spain," of nearly remarks the that being maintained had directed especially against diplomatic representatives countries with the When Madrid fell, Premier Mussolini conveyed to his insurgent allies the sympathetic response of the Italian Government. Chancellor Hitler sent the felicita¬ loyalists. tions of the German Government to General Franco. The problem of foreign troops in Spain no longer can be evaded, now that the war is ended, and some baffling aspects are of Nationalist integration present European scheme. by presented the the in East Far of Relaxation Spain China made wintry weather conditions in possible, in mid-March, a resumption of positional warfare in long struggle which the Japanese militarists forced the five The Japanese forces pressed ahead in pacific China. upon and made some progress, although the de¬ claimed successes. The inland city of Nan- Provinces, also fenders virtually considered long chang, invaders impregnable, warfare Guerrilla 27. March on steadily by the Chinese and apparently is the status of to the continued fell was being raised to new again are attracting much attention, for it is known that many crack recent months the custom now as mere a Manchukuoan-Siberian border. the in It is to refer to the China "incident" in Japan A fisheries in the war upon communism. step Japan by concentrated have been troops on dispute between Russia and Japan was thought for a time to be the opening gun in apparently that problem reach tinue to for out a huge Far Eastern struggle, but settled. was The Japanese con¬ of and more points territory more On March 31 they took over a group the Spratly's, which France claimed in 1932. These islands, of no commercial importance what¬ ever, lie 600 miles south of Hainan, and might prove to strategic importance. of tiny be islets known value of as submarine and as France warfare. in the event of seizure. the March 8 announced on for bases aerial protested promptly BritislQ Goyernment creditMbuhina her of support The £5,000,000 a this currency, action the United paralleling the American credit of $25,000,000. United Extended States conversations and Brazil officials between States Government and the Brazilian of Foreign Minister, Dr. Oswaldo Aranha, Were concluded in Washington on with the announcement the increase to countries. found be to trade The real in1 croachments by March 9 of sweeping arrangements designed relations financial and significance the apprehensions of the two the accord possibly is of Washington at of en¬ the totalitarian States of the world in the American field. promising Latin situation, tlie Export-Import Bqnk will extend appropriate Aranha Dr. was invited to meet amounts due American export¬ acceptance credits The Export-Import imports from the United States. for ers trade designed to improve Brazil's transportation facilities and the devel¬ opment of her other domestic undertakings designed to increase productive capacity and trade with the United Bank, moreover, will also act in the easing of future relations, especially in the importation of products With States. these obvious eye on the American reaction to an Department notes that American thus will be aided in extend¬ State the moves, manufacturers and exporters tlid market for their products. Expert aid is to be Brazil in the development of tropical agricultural products, which perhaps indicates that rubber production ing given is the in stimulated be to indigenous. The strictly plant is also contemplated arrangements financial this where country and significant. Brazil long has desired to organize and operate a central reserve bank, and our Treasury Department is now to lend appropriate assist¬ ance to that end. Persident Roosevelt, it was disclosed, is important highly are prepared to recommend that Congress place at the disposal of Brazil gold up to the amount of $50,000,000 to serve as supplementary assets in case of need, any such repaid from the future production of Brazilian possible amount to be It gold. was noted also that Senhor Aranha engaged in Bondholders Protects Coun¬ discussions with the Foreign relative to the status of Brazilian dollar bonds $357,000,000. The distinguished Brazilian an¬ nounced, it was stated, that his country intends to resume on July 1, 1939, interest and amortization payments on such debts in accordance with a transitional arrangement, Inc., cil, totaling will which of details the return to Rio de following known made be his Dr. Aranha held out the hope of a Janeiro. permanent debt settlement, based on foreseeable improve¬ foreign commerce, on an equitable and satisfactory ment in arrangement. In communications it was indicated that the basis, after expiration of the temporary supplementary be to advances for made trade-clearance purposes by Washington of Bank Export-Import not are the exceed to $19,200,000. art by the defenders, who long have been adepts at such tactics. Much of the Japanese military strength is devoted to endeavors to put down the guerrilla bands. The international aspects of Far Western affairs a In order to facilitate this improved exchange payments." Steel Trade—Non-Ferrous Metals continued trade steel The to show improvement an in production rate and further signs of strength barometric scrap market. However, March business the steel ingot in is the have made no reported to substantial gains, the sales products barely breaking even with those of Febru¬ ary, exceptions being in plate and structural steel. Prices were reaffirmed for the second quarter by most producers. of some expected improvement in steel demand during to cloud the outlook for the new quarter, of Absence tends March according to the magazine "Steel" of Cleveland, which fur¬ ther went on to say, in part: "With only a few exceptions, last month's business did no more than hold its own at the and rate, February in variations Small occurred. instances some in steel buying a the decrease past 30 output during March. Nevertheless, ingot production the first quarter increased nearly 70% over the corresponding 1938 period, despite a progressively smaller gain compared with a year ago as the quarter advanced. The decrease from the like period of 1937 was more than 35%. Daily average pig iron production in March is estimated at 77,182 tons, compared with 73,578 tons in February and 47,426 tons in March, 1938. The gain over last year was nearly 63%. Total output the first quarter was 6,628,235 tons, an in¬ days are reflected in the scant improvement in ingot of 57% crease the 4,221,406 tons produced a year ago. over Disposition of steel users to restrict orders to early needs is seen in the decrease in size of individual purchases the East, finished steel sales in March February, but some producers did 65% of the month's business in the first half, indicative of In month. past slightly were the ahead of the letdown the past two active weeks. Structural steel has been lately and promises to be sustaining factor reinforcing bar Washington by Mr. Roosevelt, and when lie arrived, on Feb. 9, the air was thick with talk of German business more penetration of countries south of the Rio Grande. shipments and jjrospective business also are maintained at to Barter in steel this production arrangements by the Reich authorities with Latin American relatively regimes were recognized instances falling below as a distinct threat to American high spring. Tin-plate levels. a Concrete demand, while in some earlier expectations, appears assured shortly. Tin-plate production cur¬ interests, and in view of the shortages of foreign exchange of further seasonal gains in rently is at 60%. the several method might countries prove it ever was more motives and considerations may that ent promising results will flow Brazilian with tlie that further American An realized visitor, and it is invitations statesmen exchange of for will that barter the appealing. Whatever the have been, it now is appar¬ be from conferences in as talks reasonable surmise a extended communications, the long Latin other to Washington. summarized by the State Department on termination of the talks, provides the most All of reliable indication of the actual accomplishments. topics of mutual interest were discussed, and the area possible collaboration carefully explored, the State De¬ Important decisions on matters of mutually beneficial cooperation were reached. The Bra¬ zilian foreign exchange market is to be freed of its restric¬ partment tions made clear. relating ments made in mal conditions to commercial transactions and to "invest¬ Brazil by United States citizens under nor¬ in the Brazilian balance of international than of 60% last March motor car production was more the 1938 month. With the exception motor car assemblies were the smallest for ahead year, of March since 1934 and almost 5% for the past continue five years. below the March average Markets for railroad materials shipments in March varied only slightly from the February rate." The "Iron Age" com¬ posite price of steel scrap rose on March 7 from $15.08 to $15.17 a gross ton, and on March 28 to $15.29, the highest level since October, 1937, and 29c, above the 1938 peak for this index. No change in the "Iron Age" composite prices quiet. Pig iron reported for finished steel and pig iron, the former were holding at 2.286c. ton, as iron a The a pound and the latter at $20.61 a gross against 2.512c. for finished steel and $23.25 for pig year ago. operating rate of steel companies having approxi¬ mately 96% of the steel capacity of the industry, according to the American Iron and Steel Institute, was scheduled (the highest with 55.4% for the week beginning March 20; 55.7% for the preceding seven-day period; 55.1% for the week beginning March 6, and 55.8% for the week beginning Feb. 27. At the close of March of 1938 operations were reported to be beginning March 27 12, 1938, week), which compares the Dec. since level week for the 50.1% at show Markets" reported during the month, in substance, as follows: Po¬ litical tension, abroad and here, made for cautious buying metals, to non-ferrous As "Metal and Mineral the latter part in the market for non-ferrous metals during during the week ended March 28, sales for that period totaling 5,441 tons as against 0,113 tons in the previous seven-day period, 6,013 tons during the week ended March 14, and 6,859 tons during the week ended March 7. The copper producers, held their quotation unchanged at lD/ic., Valley. Demand for lead for the week ended March 29 was fair, sales amounting to 4,428 tons, which compares with 4,230 tons in the preceding seven-day period, 6,000 tons in the week ended March 15, 8,576 tons in the week ended March 8, and 10,834 tons in the week ended March 1. Three weeks of heavy buying of leadj. and former London quotations, brought about an advance in the price of that metal on March 9 of 10 points, establishing the quotation at 4.85c., New York, and at 4.70c., St. Louis. Demand for zinc during the early part of the month was good, but buyers were later intimidated by the poor showing of the London market, and sales of the common grades for the week ended March 25 totaled only 1,400 tons as against 4,671 tons in the previous week, 15,584 tons in the week ended March 11, and 6,381 tons in the week ended March 4. The quotation Domestic trade in copper was quiet of the month. On International Tin Committee fixed the quotas Prime Western zinc continued of March 22 the at 4.89c., New York. participating in the control plan at 40% of standard tonnages for the second quarter of the year. Production of tin in the first quarter was maintained at 45% of standard tonnages, with 35% allocated for immedi¬ ate consumption and 10% for the Buffer stock. After touching a high on Marc,h 27 of 46.70c., New York, tin closed on March 31 at 46.50c., which compares with 46.00c. of countries the expected to compare less favorably with 1938 than have the past three months. "The high level of activity in March is attributed to the ate start in the spring run as well as to various delays encountered during the season. These have caused a con¬ lumber The industry 1939, stood at 5S% of the 1929 weekly average of produc¬ and 65% of average 1929 shipments, according to reports to the National Lumber Manufacturers Association from regional associations covering the operations of im¬ portant softwood and hardwood mills. Production and ship¬ both about 58%, and new orders about 59% of ments were exceeded business production in recent weeks. The run of been delayed, and based on advance in¬ has relatively short season appears to be in prospect. in the second quarter, accordingly, may decline a Production than more "Retail figures for the same week of 1929. New that of the corresponding week of 1938 by 14%, while reported production was 6% above and ship¬ ments were 5% below the same week of last year. For softwoods, production, shipments and new orders were, re¬ spectively, 7% greater, 6% less and 12% greater than in the corresponding week of 1938. New business (hardwoods and softwoods) was 17% below the first three months. have improved since January, seasonally sales footwear of Easter season will be the usual rise in trade during the it the large quantities of shoes now leaving the are not to accumulate in the hands of jobbers necessary if factories and retailers. and son from last sea¬ Prices have changed but little being discussed in pre- only minor increases are iminary negotiations fall footwear. on "Sole leather tanners reported in early March the first improvement in sales since December. Prices firmed after having declined about 2c. trading. declined spring seasonally footwear. books futures February comparable Most the of with the completion of shipments for Orders for white leather now on the approximately lc. rose March in and early securities the in pound during the winter, but reported to be relatively small. are "Hide per developments caused a sudden slowing down in New business in most grades of upper leather has European European crisis. withheld from and speculators who contracts purchases substantial direct quantity awaiting the are dispose of their hedged holdings at hides appear to be fairly rise warranted tained their is inventories in spot hides. is hides of distributive channels by traders time when futures decline below spot prices may of lost, however, at the time of were A now the improvement tanners were forced to pay small for pound in late per line with markets, and advances these advances that they may so profit. a Meanwhile, well grounded, although no sus¬ until tanners begin replenish to preparation for the fall season." Grains Irregular price movements Prices in comparatively a The general undertone, however, was steady. at times by the war crisis, and in- movements tension in were with consonance the European over situation. rise effect market-wise its the basis of on of between so-called new extensive while it scare control the fact that traders have become these early different went more in the main or to prices and less oblivious to Furthermore, the position of wheat at the present time is markedly that which prevailed in 1914, when prices from $3.50 to to do much world over recurring threats to world peace. statistical in were having lost The moderate reaction attributed was governmental they crop too was prospects. crop prices to the war the old seasons—the fall and Czecho-Slo-. The vakian crisis caught the wheat markets when their nar¬ sustained were between within characterized domestic wheat markets during the range past month. during the week ended March 25, tion the corresponding shoes quiries row Lumber Movement is of centration white March 1 and 46.37^>c. on Feb. 1. on output for the next large a year-to-year change, so months nine 35.7% of capacity. at the rate of 9 MONTHLY REVIEW April, 1939] bushel. a exclusive The world wheat crop in 1914-15 Russia of 9% above output in and China, was estimated at 2,886,000,000 bushels. This season the world crop is placed at 4,535,000,000 bushels. Thus there appears to be no Reported production, shipments and new orders for the 12 17%, 10% and 5%, shortage of wheat in any country in the world, and the major European countries either accumulated a war emer¬ above production, and shipments the week ended March 25, 1939. were weeks of the current year to date were season, earlier in the respectively, above the corresponding figures for the same gency period in 1938. New business for the 12 weeks of 1939 was 11% above output, and shipments were 12% above. During the week ended March 25, 1939, a total of 539 quantities mills general increased produced 187,661,000 feet of softwoods and hardwoods shipped 205,19S,000 feet, and booked orders for combined; 219,372,000 Revised feet. figures for the four preceding weeks follow: war reserve of liome-grown there is scare, been new the recent crop, Southwest, Mills {Feet) {Feet) {Feet) Mar. 18, 1939 546 187,351,000 209,648,000 216,219,000 is not forthcoming Mar. 11, 1939 539 178.600,000 194,809,000 191,119,000 as Mar. 4, 1939 535 179,117,000 207,796,000 535 180.028.000 190.523,000 195,406,000 169,843,000 25, 1939 However, regions except Southern Cypress reported new orders production in the week ended March 25, 1939. Cypress, Southern Pine, California Redwood Northern Hardwood reported shipments above output. above except All and All orders above those of the corresponding week of 1938 except Cypress and Redwood. All but South¬ region reported Pine, ern above 1938 All year. and wood the Pine and Cypress -reported shipments but Northern Pine, Southern Hard¬ Northern Hardwood reported production above Western last week. Letter," under as deliveries before Easter^ and the March production figures expected to reach the second highest total that in rushing to complete last minute month. the of If this rate were throughout the year the annual total above 1938, but record for output for the first quarter are neighborhood of 110,000,000 pairs. continued 14% Estimates on since production usually moved within crisis had many moisture prevails conditions over the change if additional moisture may reserves in outlook. as much insufficient in many locali¬ are apprehension a are not narrow rise may maintained. range. again shortly if Corn, like wheat, While the international steadying effect at times, the general tendency of prices was downward. The lack of aggressive demand a prevented the market from advancing. Board that of the farmers Bureau intend The Crop Reporting Agricultural Economics reported plant 92,062,000 acres of corn this of to or a reduction of 1,195,000 acres as compared with year's planted area. Hence, the indicated acreage for year, The the smallest in 40 to selling shipping demand Rye, May on wheat yaers. was peg Oats displayed stubborn and ruled generally steady. said to have been the best since pressure the other hand, moved lower. In Chicago closed on March 31 at 68Vsc. as option against an opening price of 68%c. on March 1. the May wheat option closed at 61%c. against an on At Winni¬ March 31 as opening of 62 ysc. on March 1. May corn in on March 31 at 47%c., compared with an /Chicago closed would be opening of 49c. does compared "with not as of wheat in but there have within the next few weeks, in conditions October. follows: are and years, moisture 1939 is the date of March 31, discusses these markets "Shoe manufacturers are ous resistance in its "New E the now ties to carry the crop through to maturity. Crop scares have occurred very frequently during the month of April in previ¬ last The First National Bank of Boston, optimism this attitude subsoil moisture . Hides, Leather and Footwear improved snows Orders Received All remarkable manner, a and Shipments Feb. from countries that purchases abroad are being restricted owing to the lack of foreign exchange. In regard to the domestic Production -- hand large on changes in financial conditions in No. of Week, Ended— have fact, aside Not only have supplies in radical such or In similarity in the situation no compared with 1914. season grain. on an March 1. May oats closed at 29%c. as opening of 28%c. on March 1. May rye 10 MONTHLY REVIEW closed 42c. at compared with as opening an of 45% c. on March 1. Nov. Sugar declining moderately during the early part of the past month, the market for sugar "futures" developed a firmer undertone and prices rallied. Reported difficulties Jan. Concerning Cuban the under action the Cuban of which from refiners ever, the announcement made on March 15 by the Secretary also was factor a the adverse side. on How¬ of Agriculture of a reduction in the quota of 76,771 tons as a surprise. While this reduction was small in comparison with the 200,000-ton cut insisted upon by the trade, sentiment improved considerably and large buying came orders followed in the actual Prices ket. sharp readily sioned by early belief the the in responded The recoveries. in the futures as this to buying sentiment in additional reductions the in the considered were during quota important development scored during the past occa¬ quota so Adjust¬ prevailing possibilities the current should circumstances make these necessary. year mar¬ also that the Agricultural authorities prices for sugar too low, and that there of and was reduction the that indicated year well better Administration ment as Another month was the Senate of the Ellender bill, which would reduce the quotas of "foreign" producers to 40% and raise the quotas of "domestic" producers to 60%. Should the by passage bill the become eventually law, would it mean a 300,000-ton quota adjustment, out of which Cuba would take about tons. the proposed that be 250,000 announced. form of trade continued loss of a hear to rumors Cuban duty cut of 15 points would Such revised a The announcement an reciprocal treaty would come soon in the with Cuba, providing for the duty cut from 90c. per 100 pounds to 75c. per 100 pounds. Sales of Cuban raw sugars were of small volume during the month, and consisted of the following, all ex¬ On March 10, March shipment at 1.88c. f.; on March 21, April shipment at 1.98c. c. & f.; on March 22, April shipment at 2.00c. c. & f.; on March 24, May shipment at 2.00c. c. & f., and on March 29, April shipment at 2.02c. c. & f. The wholesale list price for clusive of duty: & c. refined, immediate delivery, was quoted at 4.25c. to 4.40c. March 3, when the range was changed to 4.30c. to until 4.40c. On March 8 the again changed to 4.25c. to 4.40c., at which level it remained until March 17, when it was quoted 4.30c. to 4.50c. The latter range continued throughout the range was remainder of the month. the during the market early for of part coffee the "futures" past month, again after reacted which a steadier undertone developed. Active liquidation during early part of the month was caused by bearish inter¬ the pretations placed remarks on of the Minister of Brazil to the effect that "artificial control tic be market" left ments with new to would seek not the of Brazilian be reestablished international coffees to of Finance of the domes¬ and level. afloat prices would With heavy ship¬ the United States and "mild" countries, especially Colombia, behind in their Crop sales, roasters continued to pursue their cautious buying policy. Subsequently, on more reassuring advices regarding the control of receipts, port stocks, &c., selling pressure subsided and prices steadied. from Brazil No. 7 Santos quoted on March 31 at 6%c. against 7c. 28, the same as on Jan. 31, against 6%c. Dec. 31; 7@7%c. Nov. 30, the same as on Oct. 31; 6%@7c. Sept. 30; 6%@71/4c. Aug. 31; 6%@6%c. July 30, the same as on June 30, May 31 and April 30, against 6%c. March 31; 8V2@9c. Feb. 28, and 7%@71/2c. Jan. 31. No. 7 Rio was quoted 2S; 5%c. Jan. on 31, March 31 at 5%c. the same against 5%c. Dec. 31, against 5%c. Nov. 30, the same as 011 Oct. 31 and Sept. 30; 5%c. Aug. 31; 4%c. July 30, the same as on June 30 and May 31; 4%c. same April 30; Jan. as 5%c. March 31, as 011 and 5%c. Feb. 28, the 31. Rubber of Crude rubber, after holding steady during the first the month, followed a half reactionary trend, chiefly under the influence of the European crisis and the resulting fresh unsettlement in the security and commodity markets. Less optimistic views with regard to the outlook in the auto¬ mobile industry, velopment as abroad, a also slightly bearish factor crude to result of the affected disturbing political de¬ sentiment. A rubber 42,365 consumption figures for February amounting tons as compared with 46,234 tons in January, 1939, but only 23,868 tons in February, 1938. While these figures showed a considerable improvement over last year, they were lower than had been expected. In the closing days of the month the recession in prices became somewhat accelerted creased as Far committee the hightening tension in Eastern offerings, announcement that and Europe led to in¬ notwithstanding the net exports of crude rubber during February from producing countries were more than 4,000 tons below the permissible quota. Ribbed sheets for spot delivery were quoted at, 16%c. asked Feb. 28; 13/16c. asked Jan. 31; 16%c. asked Dec. 31; 16%c. asked 15%c. 35 smoked asked March 31 against Sept. 30; 14%c. asked on May 31; 10% c. asked April 30; 14%c. asked Feb. 28; 14%e. asked ^ textile The trades made spotty showing, partly owing a adverse weather conditions, and in part due to- the wide¬ to uncertainty caused by the European crisis. Retail to develop the expected early spring revival, unseasonally low temperatures prevailing in many sec¬ spread failed trade as of tions the country proved serious a purchases of apparel lines. sumer of the month somewhat hindrance favorable more to con¬ During the second half weather conditions initial and pre-Easter purchases resulted in a mild upturn sales, although the increases iii the dollar volume as in compared with last year reflected largely the fact that during the corresponding period of 1938 the recession was full in to Wholesale business, while profiting to some on the part of retail merchants swing. extent by the disposition replenish their inventories in anticipation of the prebuying season, did not come up to expectations, Easter the fact that the owing to and trade hoped-for sharp spring rise in failed industry to develop, and, moreover, the growing anxiety over developments abroad induced caution 011 the of the part of both market wholesalers and the was slightly blankets and underwear lines. quite steady retailers. better A feature demand Raw cotton in for fall March ruled the early part of the month. Subse¬ fair-sized reaction developed, and prices reached the lowest level since^ January. The early strength during quently, however, due to was would be a increasing doubts that the release of loan cotton authorized by Congress at an early date, to a temporary spurt in gray goods sales by domestic mills, to reports of substantial improvement in the British spin¬ ning industry, and to the generally better feeling in busi¬ ness quarters engendered by the more conciliatory attitude of the Administration. Washington advices After to the mild a effect reaction that caused discussions by would be inaugurated concerning the possibility of releasing part cotton, prices once more recovered, following the announcement that the Senate committee had of the Government loan adopted the Smith bill providing for the postponement of the release of loan cotton until July, 1940. Later, how¬ ever, a decided reactionary movement was initiated when uncertainty and arose the ultimate fate of the Smith over spread that rumors support* in bill, cotton export subsidy plan was Administration circles. The an¬ a high nouncement of the export subsidy project on March 28 fore¬ casting the possibility that American cotton would be made available to domestic levels foreign spinners at prices substantially created eign markets, and intense also served unsettlement to declines cause for¬ here, not¬ in nearby positions. Growing nervousness European situation helped to depress sentiment. ton here point New in the price York 9.05c., was advanced After minor fluctuations a to March high 1, below the on ably tin* over Spot cot¬ from which of 9.17c., March 6. gradual downward trend carried a the quotation to 8.83c., March 31. Trading in the gray goods markets early in the month experienced a short¬ lived buying spurt, chiefly engendered by reports of the determination of many mills to carry out a drastic curtail¬ ment Government fell off ness in ment the nervousness due ing materially, mainly as a result of the unsettle¬ security and commodity markets caused by political possibilities abroad, and in part results of the New England truck¬ over the to damaging strike. Print cloths marked was and also owing to the necessity of covering contracts. Later in the month busi¬ program, against down regaining the March 25 was on loss on lowered Fall at March March 6 River from 10, for 28-incli the 64x60's to 3%c. 3%e> quotation After again 011 to 3%c., at which it stood March 31. price of 27-inch 60x64's was 3%c. March 31, the same The Feb. 28, while Osnaburgs were quoted at 6%c. as com¬ pared with 6%c. to 6%c. Feb. 28. The report of the Census Bureau, issued March 14 and covering the month of Febru¬ as ary, revealed a continued material gain in the United States cotton consumption over last year. The amount consumed in February bales of 65,054 given was linters, bales of 526,293 bales of lint and 66,809 as compared linters with in 591,991 January, bales of but 426,866 lint and bales of lint and 48,524 bales of linters in February, 1938. The woolen goods market continued quiet, although further the release of the United States was as July 30; Textiles was Feb. Feb. asked 31. gaining Coffee Prices in ll%c. 30; same trade treaty induced of the month, Slow demand for raw sugars prices reacted. Oct. 31, the 16%c. asked 10%c. asked March 30; early part selling during the hedge asked asked Aug. 31; June After 16%c. 30; 16%c. opening of the new fall lines which took the place during the second half of the month at a prices ranging from 10c. to 15c. yard above the opening spring and last fall quotations, met with sampling active by interest users. and Tropical weight materials continued to Business in women's influences. ing April, continued wear resulted worsteds move fabrics in for all activity reflected prevailed, considerable other summer satisfactory volume. Pending the opening of the little in and new between-season fall lines dur¬ although a fair sports weaves. Japanese double extra 13-15 deniers were quoted 81 at call classes of March $2.10@$2.24 against $2.20(u)$2.25 Feb. 28; against $1.95@$2.00 Jan. 31; $1.84@$1.89 Dec. 31; $1.75@$1.80 Nov. 30; $1.81@$1.86 Oct. 31; $1.80(^$1.85 Sept. 30; $1.77 @ $1.82 Aug. 31; $1.79@$1.84 July 30; $1.76@$1.81 June 30; against $2.25@ quoted at $2.13@$2.18 March 31 $1.9G@$2.01 Jan. 31; $1.79@$1.84 Dec. 31; $1.65@$1.70 Nov. 30; $1.73@$1.78 Oct. 31; $1.68@$1.73 Sept. 30; $1.67@$1.72 Aug. 31; $1.69@$1.74 July 30; $1.67@ $1.72 June 30; $1.48@$1.53 May 31; $1.57@$1.62 April 30; $1.48@$1.53 March 31; $1.59@$1.64 Feb. 28, and $1.48@ 28; $2.30 Feb. $1.53 to return to domestic month's the of Feature decision Texas's oil news was week during production six-day a accompanying rise in production in the Na¬ tion's greatest oil producing State. The new production schedule was altered, however, when Louisiana made known its intention of joining the Interstate Oil Compact Commis¬ sion so that, in effect, there was no appreciable change in the April allowable for Texas. In the foreign field, as might have been expected, all eyes were centered upon the long-awaited discussions over the April with an approximate $500,000,000 of expropriated foreign oil prop¬ erties between Donald It. Itichberg, presenting the Stand¬ Oil ard interests, Shell Dutch Royal and and President into effect all foreign oil com¬ whose Administration put Cardenas of Mexico, the by which Mexico took over laws panies' properties last spring. News that the Railroad Commission planned to restore week basis came late uncertainty among oil men, who feared that this move might be the fore¬ runner of a general lossening-up of production regulations. However, the news from Governor Leche that Louisiana was prepared to end its long resistance against entering the Interstate Compact Commission brought in its wake a re¬ vision of the April production allowables for Texas that more than offset the increase allowed under the lifting of production of crude oil to a six-day and aroused considerable month the in sliut-down. the Saturday It Governor Leche announced that a member of the Interstate Com¬ pact Commission within the next few Railroad Commission would rescind weeks that the Texas its order abolishing Commissioner which would have changed the April allowables to restore the five-day production week which has ruled for several months. How¬ ever, Chairman Smith and Commissioner Sadler signed an order altering the original ruling, and let the six-day pro¬ shut-downs. As a matter of fact, had a new order prepared Saturday 0. E. Thompson clause week duction fields. of the Gulf Coast allowables order provided barrels daily from The altered remain. of approximately 300,000 for the slashing the representatives of the companies affected While legal by revision of the April allowable regulations are study¬ ing the terms of the regulation, which provide for the slashing of the allowables in many of the Gulf Coast fields with an aim toward testing the legality of the new orders. Chairman Smith and Commissioner Sadler have given no indication that they will recede from their positions. Oil men affected by the order claim that it is complicated in | the its provisions and is not based on any rule of equality as Louisiana join the In¬ Oil Compact group came following a conference by J. E. Farrell, Fort Worth oil man and close Governor Leche's decision to have attended which a ago year Administration with widespread celebration of the ex¬ propriation the oil companies lost another legal round when a lower Mexican court ruled that they erred in waiting Cardenas after the national Shortly expropriation became an accomplished fact in early than protest when the expropriation law was first written into Mexico's statutes in 1930. Another troubled spot in the foreign oil map affecting American interests was Bolivia, where the Supreme Court until rather 1938 concessions held by the March 8 canceled all on Standard President of Standard Oil Co. (N. J.), issued a bitter statement in New York, assail¬ ing the decision as "clearly a subterfuge to defeat the com¬ pany and despoil it of its property." Faced with the constant threat of congressional action to once again place the Federal Government in control of the Nation's petroleum industry, the Interstate Oil Com¬ Co. Oil W. S. Farisli, (N. J.). to create a technical agency to and conservation standards, to be administered within the framework of State sovereignty. Acting at its mid-month meeting in Austin, the Commission named its Chairman, E. O. Thompson, to act as Chairman of the new group. Mr. Thompson will name the members of the new group, and its technical advisers, before the next meeting of the Commission in June. In addition to the representatives of the six member States, observers from Arkansas, California, Louisiana, Michigan and Penn¬ Commission moved pact promulgate production sylvania present as official representatives of these Washington saw the Senate move to Connally "hot oil" • bill permanent, with only were Meanwhile, States. the House and News March presidential action to come. Pennsylvania made cheery reading in early when the third general advance in Pennsylvania from the start of the year was Purchasing Agency of the South mark-ups in this area in response to the quickening demand and im¬ provement in the statistical position of this grade of crude oil. Prices moved up from 10c. to 12c. a barrel in the March advance, with Buckeye Pipelines up 10c. a barrel to $1.05. Bradford-Allegany was up 12c. a barrel to $2; Pennsylvania Pipelines, lip 12c. to $1.65, and Eureka up the same to $1.59 a barrel. Corning grade crude held crude grade prices since oil posted by the Joseph Seep witnessed two price February Co. Oil Penn unchanged at $1.02 a barrel. Reflecting the increased rate of production during March, stocks of domestic and foreign crude oil held in the country than 2,000,000 barrels during the Stocks as of March 18 (last available figures reported by the United States Bureau of Mines—Ed. noteL totaled 273,345,000 barrels as compared with 271,252,000 barrels of domestic and imported crude held in the United States on Feb. 18. showed a of more 18 period. gain lS-March Feb. Daily average production ran far between fields. terstate first anniversary of the oil seizures transferred ownership of some $o00,009,090 of American and British-owned oil company prop¬ Mexico celebrated the make when Louisiana would become' expected was his return. to fiestas. Petroleum and Its Products would he time departure erty over to the 31. Jan. coming before the United case a At March 31; In States Supreme Court. make no statement as to whether or not he would return for further conferences.. Consensus in the oil industry was that he would confer with Standard Oil and Royal Dutch Shell officials prior in May 31; $1.62@$1.67 April 30; $1.55@$1.60 $1.65@$1.70 Feb. 28, and $1.65@$1.70 Jan. 31. the case of the 20-22 deniers Japanese crack double $1.56@$1.61 extra were 11 MONTHLY REVIEW April, 1939] The American Petroleum In¬ just ended. month the for ahead of the indicated Bureau of Mines forecast March demand as estimated in the (latest avail¬ report for the week ended March 25 at month-end.—Ed. note) showed daily stitute average pro¬ personal friend of the Governor; Charles F. Roesser, Presi¬ dent of the Independent Petroleum Association of America, and W. R. Boyd, Executive Vice-President of the American Petroleum Institute. With Louisiana now in the Compact able it is generally expected that California, Arkansas and other oil-producing States will also join. The United States Bureau of Mines estimated daily aver¬ The age demand for crude oil during April, at 3,434,000 barrels, is 94,000 barrels, or 3%, higher than the March market demand forecast, but almost 1% less than the actual demand for crude oil during the comparable month last were which throughout the Nation, which are shown in the The disparity is even more noticeable when it is pointed out that estimated daily runs of crude oil to stills are more than 80,000 barrels above those reported for the raised group, year. like 1938 The Bureau pointed out that this is due period. that estimates for crude oil fact the to last under an Louisiana showed the State Conservation Department April allowable of 257,920 barrels. Oklahoma maintained figure 428,000-barrel the phst several months. effect for the Oil California Producers set which has been barrels Ricliberg and been taken Mexico ties. that of 3,340,000 barrels, advance for Pennsylvania, there several other adjustments in scattered producing areas daily average The Central Committee the California quota at daily, off action had conferences held in President Cardenas, no concrete as a result of the many the question of expropriated oil proper¬ Near the end of the month Mr. Richberg announced City he had over to return to Washington to appear as counsel to the price In addition following tables: 6—The Joseph Seep March field in 12—Dixie Pipe Caddo in Northern prices March burnett, 12c. a barrel. in the Magnolia Oil Co. boosted its price for crude in the Shreveport Sc. Louisiana 15—The to barrel to 80c. a Crude Oil Purchasing Co. crude oil 10c. Line Co. advanced crude prices South Arkansas 6c. March 14—The Atlas field Purchasing Agency of the South Penn Oil Co. crude oil Pennsylvania March to 98c., against a 6c. advance by the to $1 a barrel. Commonwealth Pipe Line Co. cut western Michigan prices 10c. a barrel to 78c. 4c. 29—A North barrel a Texas, by the Bell Oil increase in crude oil prices in the Burk- and Texas Oklahoma River Bed area, was posted & Gas Co., effective April 1. Marked strength in the wholesale gasoline market in the in 25,000 barrels from the March figure. It was the first time in months, moreover, that the quota was under that fixed by the Bureau of Mines, which for April was 592,000 barrels. Although optimistic statements were issued both by Mr. 575,000 reported for the comparable period a the March probable demand at a Bureau of Mines set March of Louisiana, major crude oil-produc¬ gain of 3,700 barrels, setting of barrels States lowered their April quotas. ing of are than year. With the exception a exports of more 3,328,850 month earlier. 3,382,350 barrels, which was a gain 50,000 barrels over the daily average of duction mid-continent area during March was the outstanding de¬ of the American few days of the end of the month, a general advance of Ysc. a gallon developed in the mid-continent, with prices ranging from 3.875c. to 4.25c. for third-grade and regular grade from 4.625c. to 5c. a gallon. The mark-up, the third one for the month, estab¬ velopment in the refined products branch petroleum industry. lished prices Within a at the best level since last fall. The course of retail gasoline and other refined petroleum product prices during March was irregular, with no definite trend in evidence in save that of the usual seasonal weakness- the fuel and heating oil prices. 12 MONTHLY REVIEW With demand for motor fuel for the first quarter of 1939 running some 5% ahead of the record set last year, marked interest was shown in the Bureau of Mines estimates for demand during April. the domestic motor fuel market Federal The the probable demand at 40,300,000 barrels. This represents a gain of 7% over the total con¬ sumed in the like 1938 period. Motor fuel exports were set at 4,300,000 barrels, off 174,000 barrels from the actual in April last year. The statistical position of motor fuel was better than had been expected in view of the sharp gains shown in inventories during most of the first quarter of 1939. Stocks showed a total gain of nearly 3,000,000 barrels during the month, totaling 87,561,000. barrels as of March 25, against 84,597,000 barrels for the like date a month earlier. placed agency The trend the of major markets for gasoline and other refined petroleum products is shown sentative changes 1—Standard March New price 1—Standard York New 1' by oil range \'±c. oil throughout its prices of gasoline prices by lc. %c. a gallon. a It also reduced Esso No. 1 heating oil and gallon a tank-car in lots 4%c., to effective the %c. Other advanced companies Texas. Retail The new made retail postings dealer reduced tank-wagon prices of 29—A March in 29—Standard March advance general mid-continent the the tank-car Oil of %c. of area York New a gallon in wholesale posted %c. a gallon reduction a price of kerosene in New York hai'bor to 4%c. THE MARCH FINANCING OF UNITED STATES March gasoline posted. was a gallon. TREASURY in on by to March 30 were raised to $1,743,393,454, year compared with $1,993,160,657 in the previous year. annual budget Roosevelt fiscal message estimated Congress, to income that would amount tax to The March refunding operation was the success to which the Treasury has grown accustomed in this period of phe¬ Secretary of the Treasury Henry that he tax date would ask not press conference on made were new would known departure any confine new the March 6 and it on revealed that was being made in Treasury financing was taken holders of the exchanging follows: 1960-65. notes holders of new of for one Treasury bonds The that the Treasury $1,293,714,200 of June notes the iy$% Treasury that said the notes June more of of the of the notes offering privilege of issues, as B-1943, 2%% Treasury bonds of operation lay in the fact were not four weeks on its March 13 that the Admin¬ effort have to Congress changed. so issue Bank near what that the Treasury gave up say¬ par the actual from rate of discount The was. slightly above par to slightly the bulk of the offerings going at par. with An again strongly in demand for special and the weekly offerings were were purposes, ranged of $20,950,000 of debentures Federal placed was Intermediate below Credit March 9, with $3,450,000 taken privately within the system and the balance of $17,500,000 subscribed by the public at a slight premium over par value. Dated March 15, the debentures placed publicly in mature $7,650,000 the of amount on $9,850,000 on Dec. 1, 1939, and March 1, 1940. on I The details of Treasury bills sold on a discount basis are given in the following table: Bills Bills Offered Dated 23 1939 Mar. 2 Mar. Amount of Mar. 9 1939 1939 1 8 1939 1939 May 31 1939 June' Subscrip¬ Offering Mature Mar. tions 91 days $100,000,000 $301,524,000 7 1939 91 days 100,000,000 323,242,000 Mar. 15 1939 June 14 1939 91 days 100,000,000 302,584,000 1939 Mar. 22 1939 June 21 1939 91 days 100,000,000 342,142,000 Mar. 23 1939 Mar. 29 1939 June 28 1939 91 days 100,000,000 320,261,000 Mar. 30 1939 Apr. July 5 1939 91 days 100.000.000 5 1939 256.754,000 To Redeem Bills Subscrip- Amount Average Offered tio?is Accepted Price 23 1939 Maturing Yield Issue of— 0.004% $100,304,000 2 1939 $301,524,000 323,242,000 $101,953,000 Mar. 100,487,000 alOO.OO a0.000% 100,983,000 Mar. 9 1939 302,584,000 100,369,000 5100.00 50.000% 100,716,000 1939 342,142,000 101,448,000 5100.00 50.000% 100,631,000 Mar. 23 1939 320,261,000 100,495,000 5100.00 50.000% 101.032,000 Mar. 30 1939. 256,754.000 100.287.000 0.016% 100,722,000 Mar. 16 Actually over zero, perfnitted to average 99.999 9)996 price slightly less than 100 and slightly the accepted bids were tendered at prices ranging from par down to as was average Interest rate 99.999. 5 Actually slightly over average zero, as price slightly less than was the accepted bids were 100 and average interest rate tendered at prices ranging from slightly above par down to 99.999. a three Series the NEW SECURITY ISSUES IN MARCH pro¬ or' 2%% 1950-52, feature of was in an at rates Total announcement abandoning was ing precisely cedure. The $365,000,000 Feb. 27 money at the March financing operation to refunding approximately $1,294,000,000 of 2%% notes ma¬ turing June 15, 1939. The full details of the operation but increased 29. avoidance tax a for good part by the unusually heavy buying York City banks, whose holdings of bonds was Mar. 16 Morgentliau Jr. disclosed at his a New Treasury bills Nevertheless, the budget deficit, two away. mon^y. 2.29%, bonds outstanding was only about $1,800,000,(XX) under the limit, and the Secretary said that after Sept. 30 the Treas¬ ury would not be able to sell any more bonds unless the Feb. easy no 15, and the subse¬ In the face of growing opposition from Mr. Morgenthau decided to ask only that the ipriaximum of $30,000,000,000 for Treasury bonds be elimi¬ nated. After the March financing operation the total of corresponding period of the previous year. Moreover, the public debt amounted to $139,982,929,718 on March 30, indi¬ cating that the $40,000,000,000 level was only a day or nomenally Feb. 27 that on March $50,000,000,000. Feb. owing to the heavy spending, totaled $2,358,397,515 in the fiscal year to March 30 as against only $717,430,984 in the I on Congress, to get estimate to be realized. the Treasury raised In his $2,086,000,000, and thus the June receipts need amount to only $340,000,000 for the bud¬ year The securities. new increase in the public debt limit at the present session from the current statutory figure of $45,000,000,000 5, Jan. by be Secretary Morgenthau said President receipts for the 1939 on the that for in March istration par, fiscal for average large Treasury year rent disclosed that money was The the clear idea of what its income tax the 30th amounted \ to $504,640,132, compared with $721,089,326 in the corresponding period of the previous fiscal year. In spite of this reduction in receipts the fact remained that the intake exceeded the Treasury's published expectations. Thus the income tax collections for the cur¬ March 14, on new low, against 2.39% a month yield on Treasury notes of three to five years' maturity fell to 0.48% from 0.57% during the month. The brisk advance in Treasury bond prices was prices receipts for the calendar new a date the first place, in these times of huge and mounting public debt, there is a largescale financing operation to be handled. In the second place, it is in March that the Treasury gains its first will amount to. On both counts, the March results were pleasing to the Treasury. Income tax collections for the month through owners different for the would indication of earlier. law In of the year. month portant three the June tax date also might be issue, touched off a rising tendency Government issues. By the month-end the average rate Treasury bonds of more than 12 years to maturity or bare the Treasury in several ways the most im¬ is for exchanged announcement authorize the metropolitan New York area, and also from 11.4c. to 10.5c. a gallon, less taxes. of $1,293,714,200, $1,266,973,300 of the June exchanged money quent tank-wagon outlets companies followed. prices in York New of gallon through a minimum its leading throughout gallon a 22—Standard gasoline other and lc. upward adjustment which became general immediately. same March cut Co. gasoline of choice a 2%% bonds was $894,415,600; for the 2%% bonds, $319,444,500, and for the 1%% notes, $53,113,200. ended 13—Texas March of been had amount f prices public by the Secretary out of the total accounted 13. have go into the longest Government The final figures on the operation, security outstanding." notes March 9: 70% of them securities, made on favorable indication that when securities Government of call ^c. in tank-wagon. tank-car cut prices repre¬ Jersey cut tank-wagon prices of kerosene lc. gallon to 7c. in New Jersey. No. March heating dealer tank-wagon 7—Standard of March cut %c. in tank-cars and New of gallon at Buffalo, and a York New of England territory by March in the following posted during the month: Treasury that Secretary Morgenthau declared "I consider it a very ex¬ March corporate failed to financing come to up in the domestic the aggregate market for figure reached in February, but reflected substantial improvement over the same period one year ago. Emissions by municipal gov¬ ernments as a whole ran well above the totals of other classes usually month's of securities conspicuous list of for the month. Railroad by fbeir absence were new financing in obligations present the form in the of equipment change their holdings piece for piece at par. trust certificates. the Finance Corporation and were sold to one investment firm, who largely disposed of them at private sale. Below we give first each of time the Thus the in three Instead, for transaction, the Treasury priced issues offered in exchange at premiums. such a 1*4% notes were priced at 101 and accrued inter¬ 15, 1938; the 2%% bonds at 102*4 and the 2%% bonds at 102% and accrued interest from Dec. 15, 1938. est from The behind this change in pricing habits was two-fold: First, the Treasury sought to reduce to more proportions the amount of the "bonus" that was accruing to subscribers to its issues at tax dates and, seemly second, it undertook by the means of price to encourage the preference of note holders for its longer-term securities. The exchange offer was most attractive in the case of the 2%% bonds, next most attractive for the 2%% bonds, and least attractive for the 1%% notes. Subscription books to the offering closed at the close of ' on March 8. So gratifying were the results to the owned by the Reconstruction were offerings in March Dec. purpose business the major They : RAILROAD FINANCING $15,600,000 Southern Ry.—Equipment trust certificates in the amount of $15,600,000 awarded to Salomon Bros. & Hutzler at a price of 105. The Southern Ry. certificates in the total amount of $19,500,000 were for 100% of the cost of the equipment and mature from two to 15 years at 4%. The $3,900,000 or 20% of each maturity which the Reconstruction Finance Corporation retains is subordinated in point of security to the 80% sold, but is payable rateably as the 80% is paid. 3,764,000 Lehigh Valley RR.—Equipment trust certificates series "V" in the amount of $3,764,000 sold to Salomon Bros. & Hutzler at a price of 101K. due serially Aug. 1, 1939 to Feb. 1, 1951. Placed privately. 2,859,000 Chicago Milwaukee trust certificates interest sold to in St. Paul & Pacific RR.—Equipment the amount Salomon Bros. Placed privately. of $2,859,000 & Hutzler at a bearing 4% price of 103 dated March in annual to the the Co.—The Charles 2,085,000 Wabash-St. • (1st mtge. bonds Public National Bank of New York for price of 98.25, depending on coupon rate the Missouri principal guaranteed by Wabash Ry. Bonds will be reoffered not as they have been vately by Salomon Bros. & Ilutzler. 100.15, a basis of about 1.27%. Re-offered to 0.20% to 1.40%, according to maturity. at County Special Tax School District No. 2, Fla.» 4% refunding bonds, due serially from 1956 to 1967, incl., were marketed by R. E. Crummer & Co., Inc., Orlando, and associates, at a price of par. Th&se securities represented the unexchanged portion of the total of $5,018,000 of bonds being issued in connection with refunding of all of the district's unlimited tax debt. The balance of $3,615,000 bonds were < 1,250,000 Maine Central RR.—Equipment trust ctfs., due $125,000 annually Mar. 1, 1940-1949, priced at par and accrued divs. Purchased by a group of trust companies, savings banks and other banks in territory served by company. '/ accepted by holders of the original debt on an Western Great RR.—-$580,000 (State of) 1,375,000 Texas 1940 to from , ctfs. series B yield from 1,403,000 Dade 1,305,090 Baltimore & Ohio RR.—Equipment trust certificates, ser¬ ies H, in the amount of ,$1,305,000 and bearing 4% interest were sold to Salomon Bros. & Hutzler at a price of 101)4* 690,000 Chicago and maturity date. 1,865,000 Rochester, N. Y., 1.30% public welfare bonds, due from 1940 to 1949, incl., purchased by the National City Bank of New York and R. H. Moultcn & Co., New York, in joint account, placed pri¬ 1,920,000 Chicago Milwaukee St. Paul & Pacific RR.—The company on March 211 awarded to the Northwestern Mutual Life In¬ surance Co. $1,920,000 3% equipment trust certificates, series T, on a bid of 100.50, or a 2.93% yield basis. The certificates mature April 1, 1940 to 1954. Placed privately. combination a 269,000 3 M«. due 1956-1961, making a net interest cost to the State of about 3.45%. Re-offered to yield from 1.85% to a advances made for construction of a bridge River at St. Charles, Mo. Interest and for (State of) highway bonas were sold to the Chase and associates on a bid of 100.030 of $731,000 4s, due 1943-1955, and $1,- 2,000,000 Louisiana 4s) are 1935 and mature serially to March 1, 1959, ranging up to $155,000. Originally sold Works Administration (later sold by PWA to 1, amounts RFC) across 13 MONTHLY REVIEW April, 1939] tional equipment trust Bank Austin, bearing 4% interest, priced at 102, sold by the Finance Corporation to Salomon Bros. & on exchange basis. relief refunding bonds, maturing annually 1943, incl., awarded jointly to the Dallas Na¬ of Dallas and the American National Bank of bid of a basis of about 0.83 101.131 Mths per cent securities, a for %. Reconstruction priced to yield from 1.50% for the July maturity 3.40% for the January, 1944 maturity. Placed with & Co., Inc. In addition $110,000 4% equip, trust ctfs. series C due serially July 1, 1939 to Jan. 1, 1946. were Hutzler, to Stroud purchased from RFC at 102 by Salomon Bros. placed privately. 6$2,000 Norfolk PUBLIC RR.—Equipment trust certificates in to Salomon Bros. & Hutzler at Placed privately. UTILITY FINANCING $17,500,000 Northern States Power Co. (Wis.)—Gffering of the new issue of $17,500,000 first mortgage bonds, 3 M% series aue March 1, 1964, was made March 22, at a price of 106% and accrueu interest by a syndicate headed by Smith. Barneyjfe Co. The syndicate composed of 28 houses, included The Mrst Bostcn Corp.; Harriman, Ripley & Co., Inc.; Mellon Securities Corp.; Blyth & Co., Inc.; Lehman Brothers; Schroder Rockefeller & Co., Inc., H. M. Byllesby & Co., Inc.; Blair & Co., Inc.; W. C. Langley & Co.; A. C. Allyn & Co., Inc.; The Wisconsin Co., and Harris, Hall & Co. (Inc.). The issue has been sold. Pittsburgh Water Co.—-The company has placed privately with six insurance companies on issue of $7,500,000 3M% 25-year bonds, due March 1, 1964. 7,500,000 South 6,600,000 Community Public Service Co.—Public offering by means cf a prospectus of $6,600,000 first mortgage bonds 4% series, due March 1, 1964 and announced March 9, by Paine, Webber & Co.; Central Republic Co., Chicago; Halsey, Stuart & Co., Inc.; Stone & Webster ana Blodget, Inc., and others. The bonds priced at 100% and accrued interest. has issue of 1, 1964. 2,000,000 Citizens Water Co. of Washington, Pa.—The company placed privately with two insurance companies an $2,000,000 1st mtge. bonds, series A 4%, due Feb. Proceeds will be used to redeem on April In the case of the $1,120,000 3s, the re-offered to yield from 2.10% to 3.10%. 1943-1949 maturities were the 1950-1958 bonds from par to a price of 99; $160,000 4Ms wrere priced to yield from 2.20% to 3.15%. 2.90%; of $662,000 sold price of 101M* were est cost ot about & Hutzler and & Southern the amount a L.280,000 Birmingham, Ala., 3% and 4}4% refunding bonds, due serially from 1943 to 1958, incl., taken by Phelps, Fenn & Co., Inc., New York, and associates, at price of 100.05, a net inter¬ 10 the present out¬ 1,004,000 Trinidad, Colo., 3M % water and bridge refunding bonds, due serially from 1940 to 1969, incl., were sold to a group managed by Stern Bros. & Co. of Kansas City. 1,000,000 Atchafalaya Basin Levee District, La., 5% refunding bonds were sola to Schartf & Jones, Inc. and White, Dunbar & Co., Inc., both of New Orleans, in joint account, at a price They mature from 1954 to 1970, incl. and were publicly to yield from 3.60% to 3.95%, according to maturity. DIVIDEND bonds 3M% series of 1969, was offered March 15 at 98 and interest by Wells-Lickey Co.; Kalman & Co., and Justus F. Lowe Co. The extent of participation of the underwriters follows: WellsDickey Co. $690,000; Kalman & Co., $310,000 and Justus F. Lowe Co., $150,000. of 105* offered CHANGES IN MARCH Dividend declarations in March were largely of a favorable following list, divided into two sections,, namely, "Favorable Changes" and "Unfavorable Changes,"" gives the more important of the changes: The nature. CHANGES FAVORABLE Fuel Alabama from 20c. a & Iron Co.—dividend share to 30c. a the common stock increased on share, payable April 1. Aluminium, Ltd.—Stock dividend of 10% and a cash dividend of 25c. a share on the common stock, both payable April 28. The above dividends shares. will be the first to be paid on the common Credit Corp.—Dividend on the class A common stock increased from 7c. a share to 10c. a share, payable March 22. Business American standing series A end series B bends. 1,200,000 Otter 'I ail Power Co.—An issue of $1,200,000 1st mtge. the American Discount Co.—Dividend on the no par common from 30c. a share to 50c. a stock increased share, payable April 1. Co.—Dividend on the common stock increased share to 40c. a share, payable April 1. American Gas & Electric from 35c. a American Seal Kap Corp. of Delaware—-Dividend on the no par. capital 12c. a share, payable April 15. , stock increased from 10c. a share to INDUSTRIAL AND MISCELLANEOUS FINANCING American Stamping $22,500,000 National Distillers Products Corp.—An issue of $22,500,000 10-year convertible 3)4%, debentures, due March 1, 1949, was offered to the public March 21 by a group of underwriters headed by Glore, Forgan & Co., and Harriman Ripley & Co., Inc. The debentures, which were priced at 100)4, were over¬ subscribed the day of offering. Others of the offering group Blyth & Co., Inc.; Hayden, Stone & Co.; The First Boston Corp.; Mellon Securities Corp.; Goldman, Sachs & Co.; Kidder, Peabody & Co.; W. C. Langley & Co., and Stone & Webster and Blodget, Inc. were & Radio Corp.—Initial public fin¬ ancing for the corporation was carried out March 27 with the offering of 600,000 shares of common stock, price! at $6 a share. E. II. Rollins & Sons, Inc., headed the underwriting 8.600.000 Farnsworth Television group which includes Eastman, Dillon & Co.; W. E. Hutton & Co.; Hemphill Noyes & Co.; Hallgarten & Co.; Riter & Co.; H. M. Byllesby & Co., Inc.; Wm. Cavalier & Co., and O'Mel- veny-Wagenseller & Durst. The shares were offered as a speculation. 3,486,074 Lockheed Aircraft Corp.—New financing for the corporation which will provide capital for expansion of its manufacturing operations was carried out March 8 with the public offering of 112,454 shares of common stock (par $1) at $31 per share. G. M.-P. Murphy & Co., and Blyth & Co., Inc., were joint managers of the underwriting group which also included Smith, Barney & Co.; Hayden, Stone & Co.; Lee Higginson Corp.; White, Weld & Co.; Stern, Wampler & Co., Inc., and G. Brashears & Co. 840,000 Bell Aircraft Corp.—Common stockholders of record Feb. 15 were given the right to subscribe for 40.000 shares of common stock at $21 a share in the ratio of one new share for each 5)4 shares held. Subscription rights expire at 3 p. m., March 2, 1939. The underwriters and the percentages of the unsubscribed stock to be so purchased by such underwriters, respectively, severally and not jointly, follow: G. M.-P. Murphy & Co., New York, 35%; Hayden. Stone & Co., New York, 30%; Schoellkopf, Hutton & Pomeroy, Inc., Buffalo, 27>4 %; Jackson & Curtis, Boston, 7)4 %. Bottling Co., Hannibal, Mo.—Clement A. The Equitable Robinson-Humphrey Co., Atlanta, Ga.; Elder & Co., Chattanooga, Tenn.; Bankers Bond & Securities Co., Hannibal. Mo., and Gatch Bros.; Jordan & McKinney, Inc., St. Louis, Mo., offered at $25.50 per share and divs. 25,000 shares $1.25 (no par) cum. conv. pref. stock. •87,500 Coca-Cola Evans & Co.; Milhous, Gaines & Mayes, Inc.; Co.; MUNICIPAL FINANCING $78,444,000 Metropolitan Water District of Southern California, Calif., Colorado River waterworks refunding bonds, comprising $56,452,000 4)4s, due from 1948 to 1977, incl., and $16,992,000 3Ms. due from 1978 to 1987, incl., were sold by the Reconstruction Finance Corporation to a large group of banks and investment banking firms headed by the Chase National Bank of New York. The RFC received a price of 108 and accrued interest for the obligations, thus netting a profit of $5,875,520 on the deal as the bonds were acquired from the district at a price of par. In re-offering the obligations for public investment, the banking group priced the 4Ms to yield from 2.70% to 3.60%, according to maturity, and at a price of par for the 3 Ms. Island-Davenport bridge revenue the market by Stifel, Nicolaus & Co., 2,500,000 Rock Island, 111., 4% Rock bonds were placed on Louis, and Otis & Co., Cleveland, jointly. City received price of 90 for the bonds, which mature Feb. 1, 1964 and are callable at various prices, depending on date of redemption. St. a share on the common stock, One of 25c. was paid on Dec. 25, last, and 12Mc. Co.—Dividend of 20c. payable March 31. on Dec. 22 and Oct. 1, 1937. Auto Finance Co.—Initial quarterly dividend of 75c. a share on ferred stock, payable Balaban & Katz Corp.—Dividend of 50c. a share on the common stock, payable March 31, representing the first to be a distribution of $4 a share was made. paid since Dec. 24, 1937, when Co.—Li-, idend of 10c. a share on the common stock, payable March 25. This ccmp.res with 15c. paid on Dec. 24, last, and 5c. on Baldwin Sept. 24, creaseo 25c. 25 i nd on March 25, 1938. Investing Co., Inc.—Dividend on frcm 18c. a share to 20c. a share, payable the capital stock inApril 1. & Concentrating Co.—Dividend of a share on the common stock, payable May. 5. This will be the paid since Nov. 10, 1937, when 37Mc. a share was distributed. Hill Bunker first une . Street Broad & Sullivan Mining (F.) Burkhart Mfg. Co.—Dividend of 30c. a share on the $1 par, common stock, payable April 1. A dividend of 50c. was made on Nov. 25, last, being the first since Jan. 1, 1938 when a like amount was distributed. Canadian Celanese, Ltd.—Extra dividend a dividend of 25c. a share on the common of 35c. a share in addition to stock, both payable Mar. 31. America—Dividend of $1.75 a share on the 7% cumul. series prior pref. stock and a participating dividend of 19c. a share on the 7% cumul. first partic. pref. stock accrued to Dec. 31, 1938. Both Celanese Corp. of dividends are payable April 1. Chester Pure Silk Hosiery Co.—Initial common stock, payable April 1. Coty, May to dividend of 10c. a share on the Inc.—Dividend of 30c. a share on the common 1. The last previous payment made on Dec. 24, 10c. a stock, payable 1937 amounted, share. Consolidated Coppermines Corp.—Dividend oil the common creased from 12 Mc. a share to 15c. a share, payable April 15. stock in¬ share on the $5 par, common This will be the first paid on the common Stores Corp.—Dividend of 15c. a Daveea stock, payable March 25. shares since Jan. 3, 1938, when 37Mc. a share was Diamond Shoe Corp.—Dividend on the common a share to 50c. a share, payable April 1. distributed. stock increased from 25c. Steel, Ltd.—Initial dividend of 25c. a share on amount of common stock now outstanding, payable April 1. recently split-up on a 2-for-l basis and dividends of 40c. a were paid on the smaller amount of stock previously outstanding Dominion Foundries & the larger Stock share on was Oct. 1. Co. (Del.)—Dividend on the common share to 15c. a share, payable April 1. Fairmont Creamery from 12Mc. a stock increased Fanny Farmer Candy Shops, Inc.—Dividends on the common creased from 25c. a share to 37Mc. a share, payable April 1. stock in¬ Fedders Mfg. Co., Inc.—Dividend of 15c. a share on the $5 par, common stock, payable April 1. This compares with 10c. a share paid on Jan. 10, last. Ferro a share on the no par, common be the first paid since Dec. 17, 1937, Enamel Corp.—Dividend of 25c. stock, payable March 31. This will when $1 a share was distributed. Foreign Bond Associates, Inc.—Dividend of 15c. a share on the common stock, payable March 22. This compares with 12Mc. paid on Dec. 22, last, and 10c. on Sept. 22, last. the common stock of This compares with $1 paid on Dec. 23, April 1, 1938. Fruit of the Loom Co.—Initial dividend of 10c. a share on the preferred Franklin Process Co.—dividend of 50c. a share on no par value, payable April 1. last, and 25c. on Oct. 1, July 1 and stock, payable April 1. a 2,100,000 Cleveland, Ohio, new capital bonds, comprising $1,600,000 2M«. due from 1940 to 1964 incl., and $500,000 3Ms, due from 1940 to 1950, incl., were awarded to a group headed by the Harris Trust & Savings Bank of Chicago, at a price of 1C0.142, a net interest cost to the city of about 2.619%. Re-offered to yield from 0.70% to 2.70%, according to coupon rate and date of maturity. the pre¬ April 1. Garlock Packing Co.-—Dividend of 50c. a payable April 28. dividends of 25c. a share on the common stock, One of 75c. a share was paid on Dec. share in the three preceding quarters. General Electric Co.—Dividend on the no par common from 20c. a share to 25c. a share, payable April 25. General Mills, Incl—Dividends of $1.25 a share and 24, last, and stock increased 87Mc. a share on no par common shares, payable May 1 and Aug. 1, respectively. Previously regular quarterly dividends of 75c. a share were distributed. the 14 MONTHLY REVIEW (B. F.) Goodrich Co.—Regular quarterly dividend of $1.25 a a share and distribution stock, of $1.25 on account of accruals on the $5 cumul. pref. payable March 31. The above declaration clears up all both back dividends Guarantee Co. the issue. on of a Motor Parts Corp.—Extra dividend of 10c. regular quarterly of 15c. a share on the a share-nTTd stock, both payable common March 20. Houston * Natural Gas Corp.—Dividend of 87Hc. a share on the 6% This compares with $1.50 cumul. pref. stock, par $25, payable March 31. a share Dec. 27, last and on Pipe Line Co.—Dividend Indiana paid on from 20c. on share to 30c. a Public Service Jamaica Dec. 22, 1937. the $10 par capital stock increased share, payable May 15. a Co., Ltd.—Dividend creased from 43%c. a share to 50c. stock in¬ common share, payable April 1. a Salle Extension University—Dividend of 7Hc. share a stock, payable April 1. par common common the on no * last and Oct. on Dividends of 25c. 1 and July 1, 1938. a common Eagle Lock Co.—No action the stock. common stock reduced from 20c. •& April 1. on the common stock reduced April 1. the dividend ordinarily due at this time on regular quarterly of 25c. a share was paid on A on Jan. 3, last. Godchaux Sugars, Inc.—Dividend on the class A from $1 a share to 50c. a share, payable April 1. stock reduced common Goebel Brewing Co.—Dividend usually due at this time on the common stock omitted. A distribution of 5c. a share was paid on Dec. 28, last. Hanover Fire Insurance Co. (N. Y.)—Dividend on the common stock reduced from 40c. share to 30c. a 40c. a share to 25c. a a share, payable April 1. on the stock decreased from common share, payable April 1. Hinde & Dauch Paper Co. of Canada, Ltd.—Dividend on the common stock decreased from 25c. a share to 12 He. a share, payable April 1. Honolulu Rapid Transit Co., Ltd.—Dividend of 5c. a share on the com¬ mon stock, payable March 31. This compares with 40c. paid on Nov. 30, last, and 30c. on Oct. 31, last. . McQuay Norris Mfg. Co.—Interim dividend of 50c. stock, payable April 1. the on Denver Union Stock Yards Co.—Dividend from 75c. a share to 50c. a share, payable Karshaw Chemical Co.—Dividend the on Jefferson Lake Oil Co.—Initial dividend of 12Hc. a share on the stock, payable April 15. La Dejay Stores, Inc.—Dividend share to 10c. a share, payable North America—Extra dividend of $2.50 a share, a special of $1.50 a share and a regular quarterly of $1.50 a share on the common stock, par $50, all payable April 15. Hein-Werner Chapman Valve Mfg. Co.—Dividend of 25c. a share on the common stock, payable April 1. A regular quarterly of 50c. was paid on Dec. 15, last. a share on the common share were paid on Jan. 3, Kellogg Switchboard & Supply Co.—Dividend of 10c. a share par common stock payable April 29. This compares with 5c. Jan. 31, last, and 15c. a share in each quarter of 1938. no the on paid on Memphis Natural National Minnesota Mining & New London Northern RR. Co.-—Dividend on the common stock reduced from $2.25 a share to $1.75 a share, payable April 1. Gas Co.—Dividend of 15c. a share on the no par, common stock, payable April 15. This compares with 25c. paid on Dec. 15, last and 10c. paid on June 28 and on May 25, 1938. value, paid Mfg. Co.—'Dividend of 50c. a share on the no par stock, payable March 31. This compares with 60c. Dec. 22, last, and 40c. distributed in each of the three preceding common on quarters. National Funding Corp.—Extra dividend of 17 He. Oil Products a share and a regular class A and B shares, all payable April 20. Co.—Interim dividend of 25c. a share on the on the stock, payable March 31. This compares with 30c. Dec. 22, last, and 20c. on Sept. 30, June 30 and April 15, 1938. common paid on National Steel Corp.—Dividend on the $25 par, common stock increased from 25c. a share to 40c. a share, payable March 31. New Bedford Gas & Edison Light Co.—Dividend on the common stock increased from 75c. a share to 87Hc. a share, payable April 14. New York & Honduras Rosario share Mining Co.—Interim dividend of $1 a the $10 par, capital stock, payable March 25. on Noblitt-Sparks Industries, creased from 25c. Ohio Wax Inc.—Dividend share to 40c. a share a on the common stock in¬ share, payable March 31. a Paper Co.—Extra dividend of terly of 25c. the on 25c. share and common a Telephone & Telegraph Co.—Dividend of $1.75 a share on the stock, payable March 31. One of $2 a share was paid Dec. 21, last, and dividends of $1.50 were distributed in each of the three preced¬ common ing quarters. Pan American Match Corp.—Dividend of $1 a share on the common An initial dividend of 50c. a share was paid on stock, payable March 24. March 29, 1938. Pictorial Parkersburg Rig share on the $5 par, common stock, payable March 31. This compares with 10c. paid on Dec. 21," last, and 5c. on Sept. 30, June 30, and on March 31, 1938. covering the period Sept. 1, 1938 to March 1, 1939, value preferred stock. Both dividends become due Pittsburgh Plate Glass Co.—Dividend of 75c. stock, payable Dec. 23, last, and 25c. April 1. on on share a This compares share a each, the 60c., no par March 20. the $25 par, on with Oct. 1, July 1 and on April 1, on share to 20c. $1 a 1938. share the $10 par, capital stock made. Rochester Button Co.—Dividend of 37 He. a share on the common stock, payable June 1. Prior to this a distribution of 10c. a share was paid on Jan. 20, 1938. Russell Industries, Ltd.—Dividend on the common stock increased from $1.50 a share to $1.75 a share, payable March 31. Sangamo Electric Co.—Dividend of payable April 1. 1 and on 25c. a the on a share on stock, common the stock common Dec. 24, last and 15c. on a share Shaler Co.-—Dividend of 20c. a share on the class B stock, payable on April 1. A distribution of 30c. a share was made on Dec. 29, last and 15c. a share was paid on Oct. 1, last and in each of the two preceding quarters. Singer Mfg. Co.—Extra dividend of 50c. of $1.50 share a were paid March 31 on a share and a regular quarterly the $100 par, capital stock. Southern Grocery Stores, Inc.—Participating dividend of 31c. a share for the period May 1, 1938 to Dec. 31, «1938 on the preferred and partici¬ pating stock, payable March 31, 1939. Southern New England Telephone Co.—Dividend on the capital stock increased from $1 a share to $1.75 a share, payable April 15. Standard Screw Co.—Dividend on the $20 par common stock increased from 25c. share to 30c. a a share, payable March 31. Time, Inc.—Extra dividend of 25c. $1 a share on the share to 30c. United Shirt common a a on the common Inc.—Dividend stock, payable March 21. share to $2 a on share and the $100 was par, of 12 He. from 25c. a common a share on the stock increased from paid March 28, last. Wilson-Jones Co.—Dividend of 25c. May. 1. quarterly of increased share, payable April 1. Vulcan Detinning Co.—Dividend of $2.50 payable June 20, next. able stock Distributers, Virginian Ry.—Dividend $1 a share and a regular stock, both payable March 31. common Torrington Co.—Diviaend A similar amount a a share share on on the was distributed the common stock, stock, May 2, 1938. common on pay¬ Zenith Radio Corp.—Dividend of $1 a share on the capital stock pay¬ able April 24. This will be the first since Oct. 30, 1937, when 50c. a share was distributed. UNFAVORABLE CHANGES Allis Chalmers Manufacturing Co.—-Dividend on the common stock 37He. to share to 25c. a share, payable March 31. American Safety Razor Corp.—Dividend on the common stock reduced reduced from from 40c. a share to 30c. a share, payable March 30. American Steamship Co.—Dividend of $1 a share on the common stock, payable April 1. A distribution of $6 was made on Dec. 24, and $2 on Oct. 1, last. Carborundum Co.—Dividend of 50c. a share on the common stock, pay¬ able March 31. This compares with $1.10 paid in Dec. 24, last and 65c. on Sept. 30, last. Carriers & General Corp.—Dividend on the common stock reduced from 5c. a share to 2He. a share, payable April 1. Central West Co.—-Dividend on the common stock, voting trust certifi¬ cates reduced from $1 a share to 75c. a share, payable March 31. Chamberlain Metal Weather Strip Co.—-Dividend normally due at this time on the common stock omitted. Dividends of 10c. a share were paid on Dec. 16 and on Sept. 15, last. were distributed. stock of, no par value reduced a on the common A distribution of 50c. a share stock of 12 He. a share, payable was made on Dec. 22, last, and share each three months, previously. Southern Berkshire Power & Electric Co.—Dividend of 50c. a share on the $25 par, common stock, payable March 31. This compares with 80c. paid on Dec. 28, last, and 60c. on Sept. 30, last. U. S. Sugar Corp.—No action taken on the common dividend at this time. One of 10c. a share was paid on Oct. 25, last. White Rock Mineral Springs Co.—No action on the payment of a divi¬ dend on the common stock at this time. One of 25c. a share was paid on Dec. 28, last. (Rudolph) Wurlitzer Co.—No action taken dividend at time. this COURSE OF THE Dismayed by Europe, prices A distribution on of the payment of a common 15c. a share was made a STOCK MARKET new on DURING MARCH 1939 outcroping of disturbing events making for 10 prices in the New York Stock Exchange underwent on in the last half of March, one of the most drastic declines rise a were on they At the outset of the month the were the in the ascendancy and by average within 13^ points of their January high and within 334 points of the recovery peak, reached in November. Upon attaining that temporary eminence, however, the market suddenly began to sag alarmingly. Developments in Central Europe, with scant warning, began to point to a crisis of a new and different character, i Striking with a rapidity which left the markets dazed, Germany occupied Bohemia and protecting 25c. One of 45c. was paid .July 1, 1938. share a share Snider Packing Corp.—No action taken on the common dividend at this time. One of 75c. a share was paid on March 10, 1938. Pacific Can Co.—Dividend have had in recent years. Reed Roller Bit Co.—Extra dividend of 5c. a share in addition to a quar¬ terly dividend of 25c. a share on the no par common stock, both payable March 31. Previously regular quarterly payments of 20c. a share were Safeway Stores, Inc.—-Dividend of 50c. payable April 1. a common on share, payable April 1. a on share, payable April 25. Sayers & Scovill Co.—Dividend of 50c. a share on the $100 par, common stock, payable April 1. This compares with $1.50 paid on Dec. 27, last, and $1 on Oct. 1, July 1 and April 1, 1938. forces a a Carlos Milling Co., Ltd.—Dividend on the $8 par, common stock decreased from 20c. a share to 15c. a share, payable March 15. March Oct. Co.—No action on the common dividend at was paid on Jan. 15, last, and previously San Reece Button-Hole Machine Co.—Dividend increased from 10c. share to 15c. stock common Royal China, Inc.—Dividend on the common stock reduced from 30c. share to 15c. a share, payable March 31. Providence & Worcester RR.—'Dividend on the common stock increased from $1.25 a share to $1.50 a share, payable April 3. on a par share, payable May 15. share a Philadelphia Co.—Dividend from 20c. no a Piper Aircraft Corp.—Two quarterly dividends of 15c, on & Reel One of 25c. this time. a the on Dec. 28. last. Paper & Package Corp.—Dividend of 7Hc. common Inc.—Dividend reduced from $1 a share to 75c. March 31. regular quar" stock, both payable April 1a Oklahoma Natural Gas Co.—Initial quarterly dividend of 75c. a share on the $3 preferred stock of $50 par, and an initial dividend of 25c. a share on the $15 par common stock, both payable March 31. Pacific Co., regular quarterly dividends of 40c. quarterly of like amount National Casket demands Moravia arm over on March 14 and 15, extended its Slovakia, and made preemptory trade Rumania. World markets viewed these events with alarm because in them Germany appeared for the first on time in the role of a calmly the March 23. news who was desirous of extending After the shock of this new turn of conqueror his sway over other races. affairs was borne, the of market received Germany's taking But the market's fears were somewhat over more Memel on revived in aggra¬ vated form in the last few days of the month as it became clear that England and France were at long last preparing to resist any further German efforts at territorial aggrandize¬ ment in Eastern Europe. The European democracies, having backed down during the Munich crisis, were now throwing the gauntlet down to Germany and if a general war was to be avoided it appeared that Germany would have to be content with something less than complete hegemony over Europe. The net decline in stock prices in March was the most severe in just 12 months, amounting as it did to 11.07 points, according to the index of 50 stocks compiled by the New York "Times." But from the month's high of 107.51, reached on March 10, to the closing level of 92.44, the market's recession amounted to 15.07 points, or 14%. The worst day of the month, both as regards volume of liquidation and sharpness of price decline was the concluding session, which saw 603 stocks, including practically every one of the best known issues, fall to the lowest levels of the year. Turnover on March 31 came to 2,888,390 shares, a new high since last November. Total transactions on the Stock Exchange for the month amounted to 24,563,174 shares, an increase of 10,689,851 shares over the February figure of 13,873,323 shares. On nine sessions during the month trad¬ ing exceeded 1,000,000 shares. Bonds likewise felt the force of this wave of selling, with trading volume in the bond department of the New York Stock Exchange in March totaling $185,513,000 par value, the largest of the year. A representative list of corporate bonds fell back about 33^ points from the March high to the month end, but prices in the aggregate contrived to hold above their January low. 15 MONTHLY REVIEW April, 1939] "Government bonds all but obliviousjof the were Last First Government Bonds 31 Mar. Range During March, 1939 Mar. 1 unsettlement month in the other sections of the market and closed out the Sale Highest Lowest Sale at the lowest yield basis yet recorded. stock market was ascribable to both selling. Domestic selling was diversely motivated. On the one hand, the prolongation and intensifi¬ cation of the crisis in Central Europe was an important influence. On the other, domestic liquidation assumed The slump in the domestic and foreign considerable volume because of the unfavorable technical When prices broke action of the market itself. 1947-1952 1944-1954 1946-1956 1940-1943 1941-1943 1943-1947 1941 1943-1945 1944-1946 1946-1949 .1949-1952 ...1946-1948 1951-1955 1955-1960 1945-1947 1948-1951 1951-1954 1956-1959 1958-1963 1960-1965 1945 1948 ....1949-1953 1950-1952 1947 Treasury 4 Ms Treasury 4s. Treasury 3 Ms Treasury 3 M8-. Treasury 3 Ms Treasury 3Ms Treasury 3 Ms Treasury 3Ms Treasury 3 Ms through the established in January, there was a tendency among the professional trading element to construe that fact as indi¬ cating that the market had entered a bear phase and that the price recovery dating from March to November of last year— perhaps the shortest-lived bull market on record—had definitely played out. Whatever the merits of this inter¬ pretation of the market's performance, there was no doubting its weight with a sizable section of the trading community. Treasury 3Ms._ The amount and importance of the foreign selling are more difficult to assess. The most authoritative word on the sub¬ Treasury 2Ms ject is that of the Federal Reserve Bank of New York, which receives on behalf of the Treasury current reports from the market. The bank noted that "foreign sales of American 119.21 120 .22 Mar. 10 119.21 Mar. 120.7 115 .31 Mar. 10 Mar. 115.5 115.7 114.24 Mar. 115 Mar. 15 105""" 104.22 Mar. 105 .2 Mar. 4 106.20 106.15 Mar. 106 .24 Mar. 9 110.10 110.8 Mar. 110 .27 Mar. 30 107 Mar. 107 .10 Mar. 10 l"l0.7~ 110.5 Mar. 110 .25 Mar. 10 110.20 110.17 110.16 Mar. 111 .1 Mar. 9 110.29 110.13 110.13 Mar. 111 .8 Mar. 10 110.30 110.19 Mar. 111 .5 Mar. 10 109.22 Mar. 110 .17 Mar. 106.18 Federal Farm Mtge. Corp.— lows securities in the New market occurred in York relatively heavy volume at the middle of the month." It says, too, that "demand for liquidity on the part of foreigners appears to have been a factor in the decline in stock prices in this market and in increased turnover on Treasury 3Ms_. Treasury 3s Treasury 3s Treasury 2Ms... Treasury 2Mb Treasury 2 Ms Treasury 2 Ms Treasury 2Ms.. Treasury 2Ms Treasury 2 Ms Treasury 2Ms_. Treasury 2 Ms Treasury 2Ms.. Treasury 2s Europe capital movement from in the heaviest but the being held here in little change in activity during March, though it was patent that the hopes of a decided lift in output in the spring were waning. Retail sales held up well, but industrial production failed to rise by the usual seasonal amount. was The Administration's business appeasement policy made little headway. So far as Wall Street was concerned, appeasement made headway in After 2-day meeting in Washington, representa¬ securities exchanges submitted to the Securities and Exchange Commission on March 14, a report reverse. tives of a national 16 recommending that certain relaxations of the restrictions on organized security markets be permitted. The proposals were rejected on March 15, however, by SEC Chairman William O. Douglas in a manner which appeared to be rudely intemperate. As to the fluctuations in individual stocks, United States Steel was at its highest March 9, at 65% and at its lowest March 31 at 49%, with the close March 31 at 50. Steel, preferred, was at its highest March 11 at 120% and at its lowest March 31 at 11234, with the close on the latter day the same. American Tel. & Tel. fell from 1703^8 March 11 to 153 March 31, with the close March 31 at 153%. General Electric moved down from 43 March 10 to 33% March 31, with the close March 31 at 3434Allied Chemical & Dye dropped from 184 March 9 to 166 March 31, with the close on the latter day the same. Westinghouse Elec. & Mfg. was at its highest March 11 at 117 3-^ and at its lowest March 31 at 93, with the close March 31 at 94. Consolidated Edison Co. of N. Y. dropped from 35 March 10 to 29 March 31, with the close on the latter day the same. In the railroad list, New York Central was at its highest March 9 at 21 and at its lowest March 31 at 14%, with the close on the latter day the same. Delaware & Hudson fell from 2534 March 9 to 1534 March 31, with the close March 31 at 15%Union Pacific moved down from 104 March 4 to 91 March 31, with the close on the latter day the same. Southern Pacific wras at its highest March 6 at 19% and at its lowest March 31 at 12%, with the close March 31 at 12%Baltimore & Ohio fell from 7% March 1 to 5 March 31, with the close March 31 at 5. Chesapeake & Ohio moved down from 40% March 9 to 31% March 31, with the close on the latter day the same. Southern Railway was at its highest March 3 at 21 % and at its lowest March 31 at 13%, with the close March 31 at 13%. bond The grade rail market started the month firm, with issues showing sharp gains and United States bonds touching new peak levels. The first 10 days witnessed a remarkably strong tone among all rating of corporate and United States Government bonds, while indifference ruled in high-grade railroad obligations, groups fractional losses. Speculative rail securities, however, enjoyed wide advances. Beyond the middle of the month earlier gains turned into wide recessions as classes of securities became de¬ pressed as a result of the acquisition of Czechoslovakia by the German Reich. From then on the market registered fractional declines in the corporate list, softness prevailing bonds, as was to be expected, closed the month In the following table we show, as usual, the fluctuations month in the different issues of United States Gov¬ ernment domestic obligations and a considerable number, likewise, of corporate and foreign government bond prices: 107.30 105.15 105.15 Mar. 106 .28 Mar. 30 106.24 104.15 104.10 Mar. 106 .3 Mar. 30 105.28 104.1 103.28 Mar. 105 .9 Mar. 30 104.27 104.1 103.28 Mar. 105 .1 Mar. 30 104.19 107.17 Mar. 108 .1 Mar. 13 105.31 105.31 Mar. 107 .10 Mar. 30 103.23 103.17 Mar. 104 .31 Mar. 30 104.25 103.23 103.20 Mar. 105 .2 Mar. 28 104.27 102.29 102.29 Mar. 104 .3 Mar. 10 103.27 107.28 Mar. 27 6 109 3 108.13 Mar. 29 106.27 Mar. 30 106.21 9 Loan Corp.— 108.6 1944-1952 107.22 107.22 Mar. 1939-1949 1942-194 102.19 101.26 Mar. 18 102.22 Mar. 2 101.28 104.22 104.20 Mar. 20 104.31 Mar. 30 104.26 2Ms serie^G.-.: 1 108.10 Mar. 30 3s series A 2 Ms series B. Foreign Power 5s...2030 76 M" Mar. 52 Mar. 107 Mar. 57 109M 4s 1995 A-C-1967 34 M 1950 1992 123M 121M Mar, 10M 7M Mar. Chesapeake & Ohio 4 Ms A..1975 C C C & St L 4Ms series E—1977 Columbia Gas & El 5s.May 1952 31M Mar. Mar. 86 88 Mar. 52 59 M 99M Mar, 101M 9M Mar. Erie ref & impt 5s of 12M Great Northern gen 4 Ms 83 83 57 51M Mar. 1927...1967 1977 111 Cent St L & N O 5s 1963 Internat Paper 5s ser A & B.1947 ref & impt 5s..1950 Kan Tex cum adj 5s 1967 Kan City Sou 1955 New York Central 3Ms. 1946 N Y C & St L 4Ms series C..1978 New York Steam 3 Ms 1963 Northern Pacific 4s. 1997 Morris & Essex 5s Pennsylvania RR deb 4Ms..l970 Conv deb 3Ms 1952 S'western Bell Telep 3s 1968 Warner Bros Pictures 6s 1939 Maryland 1st 4s—1952 7614 60M Mar. 11 5214 Mar. 3 107 39 M Mar. 9 32 Mar. 3 86 92 124M Mar. 14 9 "714 63M Mar. 11 10214 Mar. 9 10014 10M Mar. 52 1214 Mar. 6 8914 Mar. 11 9H 9 5114 9714 6014 Mar. Mar. 10 100 99 M 97 M Mar. 66 M 63 Mar. 71H Mar. 14 Mar. 1514 Mar. 10 9M 13 63 914 48 Mar. 10 49 48 Mar, 54 77 M 77 M Mar 8214 Mar. 10 5914 Mar. 10 1 10514 Mar. 78 J4 48 48 Mar 103 M Mar 83 80 Mar 85 86 84 M Mar 9014 Mar. 15 83 81 % Mar 9014 Mar. 11 81H 105M Mar 10714 Mar. 15 10614 101M Mar. 30 10014 54 105 M 105 M 98 M 97 M Mar 85 85 Mar Mar. 8914 Mar. 10414 81 9 8414 85 9 Mar. 31 Range for March, 1939 Mar. 1 Closing 1955 Belgium (Kingdom) 614s 5s (Dominion) 5s (Republic) 5s Canada Denmark 6s Mar, 85 1971 Argentine external 414s Australia 5s of 1925. 9714 Mar 100 H 1949 ..1957 1952 1944 1942 10714 102 M Mar, 94 96)4 9814 103 J4 Mar. 10 Mar. 108 9 8614 9814 104 9814 Mar. 10 111 Mar. 10 iio"~ Mar. 10 10014 Mar 105 Mar. 10 98H 10014 Mar, 10314 8614 Mar. 30 101H Mar 110 11014 Mar Price Highest Lowest Price (City) Mar, 85H Mar. 10 110 Opening Foreign Bonds Cuba Highest Lowest Bost & Maine 1st 5s ser Atch Top & S Fe gen Brisbane 31 Price Alleghany Corp coll trust 58.1944 Western . Closing Price Bonds Mo Mar Range for March, 1939 Mar. 1 Opening Railroad and Industrial 1945 107 10514 Mar 107 Mar. 1 10514 1941 10814 10514 Mar 109 Mar. 2 10554 stamped... 1949 614s 1954 New South Wales (State) 5s. 1957 2514 2114 Mar 27 Mar. 16 22 H 78 ?4 75 Mar 80 Mar, 99 X 96 Mar 10154 Mar. 10 98 H Mar 10114 Mar. 14 9914 10314 Mar 10614 Mar. 17 10314 Finland 6s French 714s stamped. German (Rep) 7s Japanese Govt Norway 4s Queensland (State) ext Sydney 514s - Month of Stock 1963 7s—1941 (City) external 614s.. Rome 1952 1955 101 105 Domestic- 1 7514 54 Mar. 15 1936 1937 13,040,000 14,275,587 % $ $ $ 7 44,879,000 28,661,000 48,410,000 74.814,000 762,000 934,000 1,039.000 924,000 652,000 1,044,000 1,705,000 1,237,000 46,565,000 30,247,000 50,493,000 77,756,000 11.660,205 11,523,051 47,913,631 54.765,737 Foreign corporate Total bond sales. Jan. 4,629,762 Mar. 60 103 1938 1939 — 1 to March 31— sales—Number of shares.. Domestic ---■ 130,976,000 1,876,000 1,643,000 134.107,000 Total bond sales OF BUSINESS VOLUME $ 76,488,000 144,378,000 299,100,000 5,892,000 4,020,000 2,026,000 1,488,000 Foreign government $ $ S value)— Bond sales (par Mar 4,328,345 Foreign government Stock Mar, 99 value)— Bond sales (par 50 60 March sales—Number of shares.. 4,583,000 3,465,000 80.390,000 152,981,000 308,394,000 ON THE STOCK EXCHANGE 1939 Month of March of shares.. (par value)— Stock sales—Number Bond sales Railroad and miscellaneous.... and foreign... Government State, municipal United States Total bond sales J Jan. 22,995,770 50,346.280 1936 S $ $ 51,016,540 $ 139,909,000 126,037,000 266,728,000 212,081,000 30,933,000 30,789,000 33,715.000 28,270,000 41,762.000 15,125,000 125,133,000 11.889,000 1 to March 31— Bond sales (par 1937 1938 . 24,563,174 169.432,000 422,794,000 284,632,000 ;..... 185,513,000 of shares.. value)— and foreign... 61,673,795 159,265,706 179,102,684 63,618,847 71,655,000 Stock sales-—Number 8 S S S 351,392,000 763,453,000 933,889,000 Railroad and miscellaneous.... 368.121,000 State, municipal United States Government.... Total bond sales — 24,341,000 69.051,000 117,069,000 100,724,000 42,492,000 170,418,000 96.737,000 1131350 000 464.117,000 462,935,000 1050910 000 THE MONEY MARKET DURING MARCH engendered by affairs, heavy of Treasury bonds by the large New York City and a further material increase in excess member in the westward flow of gold serious turn in European political A sharp rise the new buying lower. for the Mar. 28 105.15 Mar. 20 105.26 Mar. high-grade corporate issues and moderate losses in lower- grade securities, particularly rails. United States Govern¬ ment bonds were fractionally higher at the close, while foreign 108 .2 106.16 Mar. 23 Home Owners' on uncertainty grew, and all in Mar. lower- Government bringing 108.27 107.8 107.30 Mar. Chic Milw 8tP& Pac 5o On the business front there 106.23 Mar. 15 1942-1947 Brooklyn Union Elev 5s the form of idle cash. Mar. 30 109 1942-1947 securities were 109.17 107 9 Mar. 1944-1949 2 Ms Amer & Rather, they 109 27 Mar. 30 108.5 1944-1964 _ volume since last September, during the Munich crisis, these foreign funds were not finding employment in markets. 108.13 Mar. 105.17 Mar. 108.5 3s the Stock Exchange." was 108.14 3Ms 3s. 9 105.23 108.14 Mar. These sales by foreigners bespoke the world-wide paralysis of investment except in securities deemed to be free of risk. The 109.22 banks, outstanding features of the money the past month. Commercial borrowings additional increase of seasonal character, but bank reserves, were the market during showed some MONTHLY 16 from the low point reached early in February considerably less than in previous years. The further rise in the excess reserve position from $3,380,000,000 March 1, to approximately $3,520,000,000 March 29, while chiefly the result of continued large Treasury expenditures and heavy gold importations, was partly due to the con¬ siderably smaller amount of income tax collections which for the month were estimated at approximately $500,000,000, as compared with about $725,000,000 in March, 1938. Government financing was confined to the refunding, on March 15, of $1,294,000,000 of Treasury notes maturing June 15, 1939, through an issue of 13/s% 1943 notes at a price of 101, one of 23^% 1950-52 bonds at 1023-2, and one of 2%% 1960-65 bonds at 102 AVirtually all of the maturing notes were exchanged for these new issues, with a strong preference for long-term bonds being indicated. In addition to the refunding operation, the usual five weekly $100,000,000 issues of 91-day bills were sold by the Treasury, to replace maturities of similar amounts. Gold imports, received through commercial banks, totaled $193,000,000, of which sum $151,400,000 arrived from England, $11,500,000 from Japan, $8,000,000 from Belgium, $6,200,000 from Canada, $4,000,000 from Australia, $3,500,000 from Holland, $3,300,000 from India, and $2,800,000 from Switzerland. Including large amounts of gold received through transactions not currently reported, and the usual accessions due to the purchase of newly mined and scrap gold, the total gold stock of the country increased approximately $385,000,000, reaching a new peak of $15,160,000,000 March 29. Holdings of earmarked gold decreased $10,800,000 during the month, and at the end of March their total amounted to approxi¬ mately $650,000,000. Average yields on 3-to-5-yearTreasury notes decreased from 0.57% to 0.48%, those on longer term Treasury bonds from 2.39% to 2.29%, while the yield on 91-day Treasury bills continued to hover around the vanish¬ ing point. On the New York Stock Exchange the call money rate remained unchanged at 1%.| REVIEW Commercial paper continued in active investment demand available supplies remained inadequate. Rates the recovery was GALL LOAN RATES Low 1... Mar. ON High 1 THE NEW 1 STOCK 2... 1 3... 1 Mar. 4... Saturday Mar. 6... Sunday Mar. 6... 1 EXCHANGE Low Mar. 1 Mar. Mar. YORK Renewal 17.. High Renewal 1 1 whereas stayed at the previous low range of lAto %% for average grade prime 4 to 6-month paper. Under date of March 16, Federal the 1 1 Mar. 1 1 Mar. 19.. Mar. 20.. 1 1 As compared with 1 Mar. 21.. 1 1 22.. 1 1 Sunday 1 1 1 Mar. 23.. 1 1 1 1 Mir. 24.. 1 1 Mar. 9... 1 1 1 Mar. 25.. Saturday 1 1 1 Mar. 26_. Sunday 12... 13... Mar. 1 1 27.. 1 1 1 1 1 1 Mar. 14. ... 1 1 1 Mar. 30.. 1 1 15... 1 1 1 Mar. 31.. 1 1 16... 1 1 1/ As 9i6 ak ka9it kd916 ka7 is htak Ha9i« ka9 is k a716 16 16 9\td k ka9it ka916 Saturday 5 1 Mar. kd7 is 180 Days kd" ka7u ka7 150 Days 120 Days <fc AsA Bia & Ask Bid A- Ask bid 4 1 Mar. ka716 90 Lays bia kd7 ie 3 1 29.. kO.116 2 1 28-. Mar. Sunday 30 Days 60 Days Accept'ces Bid & Ask Bid & Ask March becured by 1 Mar. Saturday 1 ACCEPTANCES Call Loans 1 Mar. February outstandings were ago a year reflecting primarily decreases in domestic bills." PRIME BANKERS' 1 1 Mar. that 1 1 Saturday- 8... 11... announced paper 1 Mar. 1 18.. 7... 10... York New of commercial warehouse credits and export Mar. Mar. Bank from down $59,000,000, 1 Mar. Mar. Reserve received dealers showed a total of $195,300,000 of open market commercial paper outstanding on Feb. 28, compared with $195,200,000 on Jan. 31, but $292,600,000 at the end of February, 1938. Trading in bankers' acceptances remained dull, chiefly because of the inadequacy of available bill offerings, in the face of persistent active demand. Outstanding acceptances, according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York published March 13, totaled $248,095,184 Feb. 28, compared with $255,402,175 Jan. 31, and $307,115,312 Feb. 28, 1938. Import bills declined from $88,603,750 Jan. 31, to $86,849,766 Feb. 28, domestic shipments from $10,517,680 to $9,630,182, domestic warehouse credits from $41,700,650 to $38,155,586, and bills based on goods stored in or shipped between foreign countries from $55,190,861 to $54,272,103r while export bills increased slightly from $57,091,642 to $57,331,836. Bills held by accepting banks totaled $198,180,027, of which sum $122,403,558 were own bills and $75,776,469 were bills of others. Rates for bankers' acceptances remained unchanged at lA% bid and 7-16% asked for 30day, 60-day and 90-day bills, at 9-16% bid and 34*% asked for 120-day bills and at %% hid and 9-16% asked for bills running 150 and 180 days. The New York Federal Reserve Bank in its "Monthly Review" discussed conditions in the market for bankers' acceptances as follows: "Trading in bankers' acceptances remained inactive during March, owing, as in previous months, to the meager amounts of acceptances released by accepting banks and bankers for distribution in the open market. Dealers' bid and offered quotations held at previously reported levels. In February, as is usually the case, the volume of bankers' acceptances outstanding declined somewhat, owing, chiefly to a contraction in the volume of domestic warehouse credits. returns Sunday Time loan rates on security collateral continued at the previous nominal levels of 134 % for 90-day loans and 13^% for loans running 180 days. With trading in securities at very low figures during the major part of the month, little incentive prevailed for seeking new loans, and transactions were again largely confined to the renewal of older contracts. DAILY RECORD OF kd716 kd7\t ka9u ka9\t 7 ka7 is kd716 ka7n *\*ak Ha9 ie ka9n 8 ka116 kd716 kd7 9i*ak ka9i6 ka9 ie 9 kd7n kd716 10 kd7it kd7it 6 LOAN TIME ka'ie ka7i 8 •1 tdk Nia9i6 Vga'it kd716 •1 tdk ka9u ka916 Saturday 11 Sunday 12 13 kd7it kd716 "is ak ka9\t ka* it 14 kd716 kd716 Mi a716 »itak ^a'i6 ka9 it 15 kd716 kd716 .MiaLe 916a Hi 5%a9u ka916 kd716 ■ 16 kd716 kd716 ka7n kd716 •ie dk kd'n ka* ie kd7 ie kd710 17 RATES 9ie ak ie 9u ak kaei6 ka916 Saturday 18--.. Sunday 19 Mar. 1_. Mar. 2.. Mar. 3.. 4. Mar. 4 Months 90 Days ka'n 1 kd718 kd716 9\edk kd'ie 21 60 Days kd7 is kd716 ka7i6 916a k kd'it ka9it 22-..- ka7 is kd716 kd716 9i6 ak ka3 is kd9 ie ka7\e 9 leak ka916 Ha*io 916 dk kd9i» ka9 u 20 Rates on Mixed Collateral 30 Days 5 Months 6 Months kd716 23 kd716 kd716 kd7 is ka7it kd7 ie 1 k lk lk Ik ik 24 lk lk lk lk lk 25 Saturday ik lk lk lk ik lk 26 Sunday 27 kd7 is kd7lt ka716 28 kd716 ka716 ,4a7i6 9itdk kd916 ka9 ie ik lk lk ik ik ik 29 kd7 it ka7\t 916a Mi %a9\% ka9i» kd716 kd7\t kd716 ka7ie 9iea k !Mia9i6 ka* is kali 6 kd716 kd716 9i6 ak ?^a9u ka9it ik lk ■ ■ Satur day _ Mar. 5.. Mar. 6- Mar. 7.. ik lk lk lk ik 30.... Mar. 8.. ik lk lk lk ik ik 31-... Mar. 9.. 1 k 1 k lk lk ik 1 k lk lk lk ik ik lk lk ik ka'it 9nd k ka916 ik ik Sun day - Mar. 10. Mar. 11-. Mar. 12_ Mar. 13-. 1 k _ ik RETURNS Satur day lk Mar. 14.. ik lk lk lk ik 15.. ik lk lk lk ik ik lk lk lk ik ik 17.. ik lk lk 'lk ik ik Mar. 18-. 19-. Sun day Mar. in Satur day Mar. 20.. ik lk lk 1 k ik ik Mar. 21.. ik lk lk lk ik ik Mar. 22.. 1 k lk lk ik ik ik Mar. 23.. ik lk lk lk ik ik Mar. 24.. ik lk lk lk ik ik Mar. 25.. Mar. 26.. . Sun day Mar. 27_. ik lk ik lk ik ik Mar. 28... 1 k lk lk lk ik ik Mar. 29.. 1 k lk lk lk ik ik Mar. 30.. lk lk lk ik ik Mar. 31.. lk lk lk ik ik lk lk MONEY AT NEW Week Ended— Call loans on Mar. IF Mar. 2r Apr. 1 Stock Exchange: Range for week (mixed & ind. eollat.). Week's aver, (mixed & ind. collat.)... lfel 1@1 1®1 1@1 1 1 1 1 1 lk lk ik' ik lk 1k lk lk ik lk m> lk ik ik lk ik lk ik ik 1 k 1@1 Timeloans (mixed & Indus, collateral): Thirty days : Sixty days Ninety days l Four months Five months... 1 k lk ik ik ik lk ik ik ik ik Prime 4 to 6 months k@H k@k k@k H@H Good 4 to 6 months. k@k Six months.... _. Commercial paper: Dpuble and single names: RESERVE BANKSYORK CITY IN NEW influences bearing upon the were the of flight capital inpour 5@k k@k The funds which the gold of the banks exceeded by a considerable margin the net effect 011 their reserve balances which resulted from collections of taxes by the Treasury. imports put at the disposal (. collections exceeded $500,000,000 in March and its deposits of gold certificates While with the the Treasury's Federal Reserve income banks tax amounted to $268,999,000 gold and for in its balance in the Reserve banks to $33,569,000 for. the four-week period. With Europe again in the throes of another political crisis, owing to the final dismemberment of Czechoslovakia and bloodless thrusts by Germany in other directions, capital began to quit Europe in the last half of the month in a volume not equaled since last fall. In the four weeks to March 29, the period for which detailed figures are available, additions to the monetary gold stock of the United States amounted to $272,000,060. For all of March, how¬ ever, the Federal Reserve Bank of New York estimates that the rise in the gold stock amounted to approximately $385,000,000, the largest increase since that of $624,000,000 in YORK 4 Mar. 11 major March the four weeks to other Mar. LOANS volume since the Munich crisis. • Satur day RATES FOR THE FEDERAL banking position from Europe and the tax date operations of the Treasury. Of the two, the former was of greater importance, for the movement of capital from war-scared Europe to the United States, par¬ ticularly in the latter half of the month, was in the greatest ik 16.. The ik Mar. Mar. Mar. OF BROKERS' Sun day _ last purposes September. held March 29, its outlays 011 , down the expansion > ■ April, 1939] REVIEW The monetary authorities made no effort to shield the banking position from the inflow of so larg'e an amount of "capital. The Treasury fell shOrt by only $3,OOOfOOO of 8 matching the rise in the gold stock in the four-week period with deposits of gold certificates with the Reserve banks. ; J The actual expansion in member bank this reserve balances in; $183,210,000, while the rise in reserves was $140,000,000, leaving the surplusage on 29 at $3,520,000,000, or within $80,000,000 of the high attained on Jan. 25. The failure of bank period excess : March record to the match to reserves dollar amounted rise in the stock dollar-for- gold accounted for principally by was the $33,569,000 in¬ the Treasury's balance in the Reserve banks, the crease in improvement in The f view of outlook Was business the expressed;^ Sir John Simon, Chancellor of the Exchequer, in a speech on the budget before the House of Commons. He said: "The budget for 1939-40, when it comes up, must reflect to a certain extent conditions of the past year. -It was not a year of marked depression but it certainly was hot a yehr of very great and exceptional prosperity. What I can say is that indications now most distinctly show signs of re¬ and covery series a indications of noted which be can pick-up compared with the recent past. If that to i pass it is extremely likely that the budget for point to $25,000,000 increase in non-member deposits and other Fed¬ the $26,000,000 rise in currency comes can a 1940-41 circulation. will reflect more conditions prosperous than we expect from the budget this year." All the The ' !go early part of March that the London security market recorded new high levels for 1939/. The general- eral Reserve accounts, and $26,000,000 increase in the volume of currency in was in opposition to the normal seasonal trend, and by March 29 circulation was $436,000,000 in excess of the total on the corresponding date last year, compared with a spread of $396,000,000 at the start of the month. The greater demand for currency was in part attributable to the disturbances in Europe which caused capital to flee from foreign currencies into dollars. The Federal the international, "situation ..was marked in the ' circulation . important indices advanced in the first few days March, and the improved international outlook resulted of indications in again were inclined quotations almost as in for sterling in range were market. London exchange had official exchange fund The and pound the as markets world in the in balances narrow before 1914. interests confidence reestablish to Day-to-day and financial that reposing were been steady customary found it hardly ' Reserve Bank of New York said at the month-end: "Wide¬ spread demand for United States currency developed. in Europe and resulted in a premium on such currency over dollar exchange and in substantial shipments of United change and States ' crease there currency was to Europe from New York." hoarding some of United In addition, by States currency foreign interests in safe-deposit vaults in New York. The figures on Federal Reserve note circulation indicated that • the bulk of the demand for currency New the in ence ■ of Federal York district. Reserve notes in March was experi¬ While the total in actual circulation was volume declin¬ ing $10,583,000 in the four weeks to March 29, that in the was increasing $17,598,000. New York district Federal Reserve credit in use decreased $8,000,000 to a $2,578,000,000. Bills discounted for member banks declined $376,000 to a total of $3,322,000, while industrial advances declined $581,000 and commitments to make ad¬ vances were lower by $278,000. The Reserve banks again total of made was due in the gold holdings of the British Exchange Equal¬ Fund by the transfer of gold from the Bank of England and revaluation of the gold holdings of the Bank of England statutory 84s. 11 %d. holdings of notes by $39,357,000 and their holdings of Treasury bills by $30,840,000. The further the New York in ease the banks' reserve position placed City banks under constraint to better their earnings position. During the four-week period their loans $140,000,000. Their loan opera¬ tions were still unsatisfactory, as indicated bv the $35,000,000 decrease in total loans, but they added $175,000,000 and investments increased to their investments. In their search for investments they concentrated heavily on Treasury bonds, and in the four weeks to March 29 they bought or received in exchange on the tax date $365,000,000 more Treasury bonds. The net increase in their total holdings of direct Governments was price per These changes in British financial page 17 of the "Bank and Quota¬ ounce. policy were discussed on Record" for March 9. tion With the intention of promoting the recovery representa¬ tives of British and German industry met at Dusseldorf to reciprocal arrange were have to trade official of dismemberment 14 changed. an 16. and Czechoslovakia of The situation was Their commercial loans decreased $3,000,000. banks in 101 cities in the four weeks from Feb. 21 to March 22 showed a $136,000,000 rise in weekly reporting total loans and and investments up try investments, with loans up $29,000,000 $107,000,000. Loans to commerce, indus¬ agriculture were higher by $39,000,000. On the investment side, direct Government securities increased $54,000,000, Government-guaranteed securities $43,000,000, and and other justed securities declined $10,000,000. $118,000,000, but Demand deposits—ad¬ deposits were up time $23,000,000. Reporting New York City bank loans to brokers and dealers in securities—the so-called brokers' loans—declined $36,000,000 to a total of $611,000,000. These loans increased $111,000,000 in the week ended March 8, owing primarily to operations of Government security dealers. But this rise was led later .to erased and the weakness in the stock market repayment of loans by stockbrokers in the latter part of the month. Street loans, as compiled by the New York Stock Exchange, decline^ $28,576,728 during March to $654,855,671 March 31 from $683,432,399 Feb. 28. On March 31, 1938, these loans were outstanding in the some amount of $521,116,919. experienced two half of fidence versal the that all financial markets sharply contrasting periods. month the and business outlook of March In the first commentators was expressed con¬ A complete re¬ by the German in¬ reassuring. trend, however, was caused vasion and dismemberment of Czechoslovakia and 16. in on place on radically States, which March 18 caused United States gold hold¬ on 000,000 over the $6,829,000,000 of gold in the United States on Jan. 31, 1934, just after President Roosevelt revalued the dollar at 59.06% of its former parity. The new total $4,033,000,000 gold compared with as measured in former The rush of capital from Europe to New York was dollars. March 24 when gold en route and previously engaged in London for ship¬ ment to New York was estimated at $75,000,000. The trade negotiations between British and German industrial inter¬ emphasized again on known to have been ests were suspended by the British authorities following the dismemberment of Czechoslovakia and intensification of war fears caused the London and New York marine underwriters by 50% to 300%, with the explanation serious more that they believed the situation to be more at any time since the Munich crisis last than international The unfavorable since than business the outlook German became absorption of Austria in March, 1938. The collapse and general anxiety did not become fully manifest until March 22, when con¬ ditions approached seemed have to panic and trade observers in all markets reached the conviction that international trade would be seriously Gold offer on £15,425,000 London in disrupted for an indefinite period. London during March amounted to compared with check rate on £12,570,000 in Paris was month and in favor of the franc. on Paris ranged between 176.93 steady The February. throughout mean and 176,75. The the London rate The London market gold price ranged between 148s. 2%d. and 148s. 6%d. The American price for gold (Federal Reserve Bank of New York) continued at $35 an ounce. London open market money rates were steady during the greater part of the month, but firmed up toward the end. In the open first half of the month two- and three-months' bills were 9/16%; four-months' bills, 19/32%, and six-months' bills, 11/16%. On March 31 two-months' bills were VA%; threemonths' bills, 1^4 @1%; four-months' bills, 1 15/16%, and six-months' bills, 1^4%. Call money against bills was available at all times at 1/£%@%%. Sterling cable transfers sold on March 1 at $4.68% @$4.69, and on March 31 at $4.6S@$4.68 3/16. The high for sterling in March was $4.69 5/16 on March 13, and the low was $4.68 on March 31. In commenting on the foreign exchange during March the Federal Reserve Bank of New York said in its "Monthly COURSE OF STERLING EXCHANGE IN MARCH Sterling exchange once ings to pass the $15,000,000,000 mark, an increase of $8,172,- September. The took at Renewal of anxiety in Europe was reflected in securities 000,000. at¬ increased flow of foreign capital and gold to the United to advance war risk insurance rates $6,000,000. Reflecting primarily the inflow of capital from Europe, the New York City report¬ ing banks' demand deposits—adjusted increased $292,000,000 and their foreign bank deposits increased $41,- conferences Trade,t and Robert Hudson, Sec. Dept. Overseas Trade. $178,000,000, for they showed declines of $40,000,000 in Treasury bills and $147,000,000 in Treasury notes. Govern¬ ment-guaranteed issue declined $9,000,000, while other increased These agreements. support through the advice and tendance of Oliver Stanley, President of the British Board March total the basis of the market price rather than which had been fixed since 1844 at on the securities, but they did make certain shifts in their hold¬ ings incident to the Treasury's March financing. They added $70,197,000 to their investment in Treasury bonds and at the same time lightened their holdings of Treasury their taken by the London authori¬ measures and February, consisting mainly of an in¬ ization The in largely to ties ih January Government change no support the market. The steadiness in ex¬ the renewed confidence in the London market to necessary March 14 Review" for April 1: "Renewed tension in Europe during the second half of March gave rise to heavy sales of the principal European currencies against dollars, and in the aggregate the move¬ to this country reached the highest levels recorded for any two-week period since October, 1938. The ment of capital German occupation and of Bohemia and Moravia on March 14 15, the occupation of Memel on March 23, the German MONTHLY EEVIEW 18 LONDON CHECK RATE ON PARIS AND PRICE OF GOLD IN LONDON The Bank's statement for March 8 showed a ended March 15 an increase of £10,842, for the week ended March %2 an increase of £60,078, and for the week ended £99,991,185. in gold holdings of £341,834, for the week decrease Mean Mean London London London Londbn Check Rote Open Market Gold Price Check Rate Open Market Paris on Mar. 1—. Mar. 2— on Gold Price March 29 6d. Mar. 18— 176,85 148s. 6^d. were 19- Federal Reserve Bank of New York for April 1: 148s. 3^d. SUN DAY Mar. 3—- 176.91 1488. 4(1. Mar. Mar. 4— 176.89 148s. 4d. Mar. 20— 176.90 148s. 6d. Mar. 5—- Mar. 21— 176.83 148s. 5d. Mar. 6—- 176.89 1488. Mar. 22... 176.83 148s. 5(1. Mar. 7- 176.93 148s. Mar. 23— 176.82 — 148s. 5d. Mar. 8— 176.90 148s. Mar. 9— — Mar. 24— 176.83 148s. 5d. 25— 176.82 148s. 5d. 176.89 148s. 3d. Mar. Mar. 10 176.91 148s. 3d. Mar. 26— Mar. 11 176.89 1488. 3d. Mar. 12— Mar. 13—— SUN DAY Mar. 27— 176.82 Mar. 28— 176.81 148s. 5Hd. 5^d. 2Hd. Mar. 29... 176.78 148s. 6d. SUN DAY 148s. 176.90 148s. Mar. 14 176.90 3d. Mar* 30-_. 176.76 148s. 6J^d. Mar. 15— 176.80 148s. 5^d. Mar. 31— 176.75 148s. 6Hd. Mar. 16-- 176.76 148s. 6d. 1488. with Rumania, and German press at¬ Poland provided the 'background, for the European tension. In addition, Premier Mussolini's speeches at the end of the month relative to Italian de¬ mands on France gave rise to further prospect of continu¬ ing crises in Europe. "The heavy demand for dollars during the month was concentrated in the period following March 13. On that date sterling had reached a quotation of $4.69 3/16 from $4.68% at the end of February, and at no point in the ensu¬ ing flight of capital to New York did the -rate go below $4.68%. Similarly, rates for the French franc, the belga, and the Dutch guilder were confined within a narrow range by means of official supporting operations. The Swiss franc, however, was allowed to decline from a quota¬ tion of $0.2275% on March 10 to a low of $0.2246% on March 22, closing the month even lower at $0.2243. The economic agreement tacks against dollar showed strength in the early part of the Canadian a discount of %% on Feb. 28 to a dis¬ 3/16% on March 11, but weakened thereafter to as low as %% and closed the month at a discount of approximately %%. month, rising from outlined "After the German occupation of Bohemia and Moravia, en route here as the representing heavy engagements abroad in the latter part of the month. "The gold stock of the United States appears to have increased approximately $385,000,000 during March, reach¬ ing a new high well above the $15,000,000,000 level. The rise in the gold stock during the past month was the largest since last September, when the gain was $624,000,000. In¬ cluded in the March increase was $193,000,000 of gold, received through commercial banks or other sources, that was sold to the Treasury on arrival, and a large additional amount of gold received through transactions not cur¬ large amounts were reported tp be month closed, Swiss period, as franc were refugee and Switzerland in fear of German under money severe left Holland aggression against these contiguous countries. Sales of belgas took place not only in response to developments in Central Europe, but also because of the continued inability of any Bergian political leader to form solution of a new Government and the consequent dis¬ Parliament pending new elections on April 2. Exceptional strength was shown by the French franc through March 14, as French capital returned to Paris from London, Amsterdam, Brussels and Switzerland, and French losses of capital during the latter period were com¬ There was a net decrease of $10,800,000 rently reported. in the amount of gold held under earmark for in this country banks, which at the end of March totaled approximately $650,000,000. "Most of the reported gold imports were received at New York; they came principally from England in the amount of $151,400,000, from Canada in the amount of $0,200,000, Belgium, $8,000,000; Holland, $3,500,000; India, $3,300,000; Switzerland, $2,800,000; Colombia, $1,100,000; France, $800,000, and smaller amounts from several other countries. On the West Coast, $11,500,000 was received from Japan, $4,000,000 from Australia, and $700,000 from China." central foreign AND CONTINENTAL OTHER FOREIGN EXCHANGE French francs were steady favorable Paris to account the and tension in Europe led to In addition to the large amounts of gold States in March. Dutch guilder of political actually received in this country during the month, further situation It gave estimated was throughout March, remaining operations of the French The French financial and economic promise of improvement until March 14. through the fund. equalization pressure during this the "Monthly Review" of the flow of capital and of gold to the United accelerated from Europe developed slowly to reach a peak on March 17 and again on March 20. Support for sterling was rendered not only by the British 'authorities in the exchange market, but also through heavy gold en¬ gagements in London for shipment to and sale in New York, such gold being provided partly by sales by hoarders, who feared that in the event of war in Europe they would be unable to obtain insurance and shipping facilities to move their bullion, and partly by the British authorities. The the flight of capital follows in as "The accentuation an of count of New York 148s. Mar. 3Hd. 2Hd. 2^d. increase of £86,471. 176.85 5d. SUN DAY an Details of the gold movement at the Port 17— 148s. 176.93 176.92 Paris 17,000,000,000 at francs statement of the that time that been had October since repatriated. An fully official operations of the French Treasury in 1938, published early in March, showed an excess of expenditures over receipts in the ordinary budget of 8,700,000,000 francs, and expenditure under the armament budget of 19,700,000,000 francs, financed exclusively by loans. Taking into about 31,500,000,000 francs received through valuation of the gold reserves of the Bank of of total disbursements all and receipts, re¬ France, the including post office and local government accounts and issues, and repay¬ ments of short- and long-term of 2,700,000,000 francs, and with a balance of cash debt, showed credit balance a closed the year the Treasury 8,000,000,000 francs against 5,300,- 000,000 francs at the end of 1937. March On dictatorial 18 the French Chamber of Deputies voted to Premier Daladier until December. On March 21 Paris dispatches stated that the Franco^Ger- man powers commercial negotiations had been stopped. The exist¬ paratively insignificant. ing agreement was to expire on July 31 unless automatically was renewed for Demand for dollars during March manifest not only in spot purchases, but also in widen¬ discounts on forward quotations for the principal ing European currencies. United in premium a iri States In addition, widespread demand for developed in Europe and resulted currency on such currency substantial over dollar exchange and States currency to shipments of United Europe from New York. "Despite the general demand for dollars in Europe for¬ eign sales of American securities in the New York market occurred in relatively heavy volume at the middle of the month but subsided been near the month end; similar sales had made one by failure of either party to renounce Toward the end of the month Finance year it before April 1. Minister Reynaud fund disclosed that French the equalization held about $600,000,000 in gold, an increase of 000,000 gold over the holdings revealed holdings of the Bank of in October, France $150,- 1938. The estimated were at $2,435,000,000. Paris cable transfers sold at 2.65@2.65%, and on March 31 at 2.64% approximately on March 1 @2.64 15/16. Belgian currency The March. under severe pressure throughout was pressure due was in the first instance to during the period of tension at the end of January prior to Herr Hitler's speech on Jan. 30 and during disturbed political conditions which throw two the capital from the country, representing largely the migration of Jewish-owned funds. The belga was frequently quoted in New York at 16.82%c., which was theoretically the export point for gold from Brussels to New York. The weeks of September preceding the Munich settlement. Such foreign liquidation of American as well as foreign securities in times of recent political tension appears to be associated with the desire of residents abroad for liquidity in the event of war. Latin American and Far Eastern exchanges fluctuated narrowly during the month." Canadian exchange was relatively steady in March, though at all times at a discount in terms of the United States dollar. Montreal funds ranged between a discount of 43/64% and a discount of 3/16%. Changes in the gold holdings of the Bank of England were largely influenced by the new Currency and Bank Notes Act, passed in February, which made provision for valuing the gold reserves of the Bank on the basis of the price of gold in the open market on the day of publica¬ tion of the Bank's weekly statement instead of the former statutory price of 84s. ll%d. Hence the revaluation was reflected in the Bank's statement for March 1, when gold reported at £227,415,660, as compared with *127,424,475 for the week ended Feb. 22. The increase in gold through revaluation totaled £95,155,543, in addition to which 'the Bank purchased Increase in £4,835,642, bringing the total gold holdings for the week ended March 1 to of situation and 16. don to There was a in marked the over¬ flight of became aggravated by the events of March 14 Belgium made frequent gold shipments from Lon¬ New York Belga futures discount Cabinets. resulted oh and were 30-day to Paris to at all times at support the currency. severe a discount. The fluctuated between 8 and 17 points under the basic cable rate, and the discount on 90day belgas ranged between 38 and 50 points under spot. The banking situation in Belgium was essentially sound. belgas Toward the end of the month the Bank of Belgium showed total gold holdings of 3,117,900,000 belgas and a ratio of gold to total sight liabilities of 67.90%. count remained at Belgian cable transfers sold and on The The rate of redis¬ 2'%%, the rate fixed on March 1 at on Oct. 27, 1938. 16.82%@16.83%, March 31 at 16.82% @16.83%. German grave in March. financial situation became increasingly Despite the seizure of the Bank of Czecho¬ slovakia's gold, amounting to many continued to suffer an more than $90,000,000, acute shortage of change and its import balance continued to mount. (Continued on page 111) Ger¬ foreign ex¬ The RANGE OF BOND PRICES DURING MARCH 1939 March $169,432,000 462,935,000 $185,513,000 464,117,000 Jan. 1 to March 31 Stock Sales 1938 1939 Bond Sales March 1939 ;Shares. 1938 24,563,174 63,618,847 Jan. 1 to March 31 22,995,770 61,673,795 month's range unless they are the only transactions of the month, and when selling footnote in the month in which they occur. No account is taken of such sales in computing the NOTICE—Cash and deferred delivery sales are disregarded in the •ntslde of the regular monthly range are shown in a range for the year. The tables on pages March, 1939, and the embrace every 19 to 40 furnish a complete record of the transactions on the New York Stock Exchange during range on the Exchange. The black-faced letters in the column In accordance with the rule are at a pr ce They.need no extended introduction,^ they are self-explanatory. The tables We give bonds first, using the classification adopted in the official list. headed "Interest Period" indicate in each case the month when the bonds mature. since Jan. 1. security dealt in adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds to which accrued interest must be This method of quoting interest is in default. 32ds of sent one or more a added. The exceptions to the rule income bonds and bonds on which Quotations after decimal point repre¬ are bonds became effective Jan. 2,1909. point. 8*8 Sales in March BONDS Value PRICES IN MARCH Price N. T. STOCK EXCHANGE RANGE SINCE JAN. 1 Jan. 3 1939 Mar. Bid 1 Mar. 31 Ask Bid Ask Lowest Lowest Ughest Sale Prices Sale Prices Highest Sale Prices Sale Prices U S GOVERMENT BONDS 204,000 Treasury 4%b 5,000 1947-1952 Registered - 119.21 Sale 119 Sale 1944-1954 J D 120.7 Sale 119.21 Mar. 120.9 O — - 149,000 Treasury 4s A Sale 120.9 1 120.22 Mar. 10 118.26 Jan. 26 120.22 Mar. 10 Mar. 31 120.10 Mar. 21 119.2 Jan. 12 120.10 Mar. 21 115.31 Mar. 10 114.17 Jan. 3 115.31 Mar. 10 Mar. 15 113.10 Jan. 10512" Mar." "4 104.23 Mar. 27 115.7 Sale 115.19 115.25 115.5 Mar. II3I1O 113".20 11478 11V. 18 114.26 114.30 114.24 Mar. 23 115 105 105 Sale 104122 166727 Sale" 166720 Sale 106.18 Sale 114.17 Sale 1 Registered 35,000 Treasury 3^8 S 1946-1956 27 115 Mar. 15 Registered 50I666 Treasury 3^8 1781666 Treasury 3%s 1940-1943 J D 105.10 104.26 <104.23 Mar. 27 Jan. 23 104.30 Registered 1941-1943 M~ S 106.15 Mar. 18 106.24 Mar. 10 105.8 Jan. 104.30 Jan. 10 9 106.15 Mar. 18 106.27 Jan. 3 Mar. 30 Registered 49I666 1943 1947 J D 109.30 Sale 110.10 Sale 116725 110.28 110.8 1941 Treasury 3Ha F A 10774 I67I2" 107 107.4 4,000 Registered. 110.27 Mar. 30 109.30 Jan. 110.27 Mar. 110.24 Mar. 29 109.31 Jan. 110.24 Mar. 29 107 Mar. 107.10 Mar. 10 107 Feb. 107.12 Jan. 107.7 Mar. 107.7 Mar. 10 106.30 Feb. 107.7 Mar. 10 110.5 Mar. 110.25 Mar, 10 109.22 Jan. 110.25 Mar. 10 110.10 Mar. 110.21 110.24 Registered Treasury 3^s 1,000 Registered 265,000 Treasury 3 J^s 5,000 Registered 442,000 Treasury 3%s 2,000 Registered 156,000 Treasury 3^8 94I660 88,000 Mar. 107.13 107.8 O 109.27 Sale 1944-1946 A O ll67l Sale" Sale 110720 Il"6."l7 Sale 110.29 Sale 110.16 Mar. 111.1 Mar. 110.24 Mar. 110.29 110.30 Sale 110.13 Mar. 111.8 110.28 A 110.7 110.24 Sale 1943-1945 Mar. 110.19 Mar. .. D 1946-1949 1949-1952 treasury 3^s / y "£> 109.12 Sale 110.13 Sale Sale _ "169I2 109716 11679 lib". 19 111.3 111.6 6 Mar. 27 109.27 Jan. 110.21 Mar. 27 9 109.22 Jan. 111.1 Mar. Mar. 10 110.24 Mar. 110.29 Mar. 10 Mar. 16 109.11 Jan. 111.8 Mar. 10 110.28 Mar. 21 110.28 Mar. 110.28 Mar. 21 111.5 Mar. 10 109.2 Jan. 111.5 Mar. 10 9 Registered 931666 Treasury 3s 2,000 Registered 244,000 Treasury 3s oil 4 lib". 17 109.22 Sale 11 108714 109.17 Sale D 108.24 Sale "S 10716" Sale" Sale Mar. 1 Mar. 9 108.19 Jan. 110.17 Mar. Mar. 6 110.2 Mar. 6 110.2 Mar 110.2 Mar. 108.13 Mar. 2 109.27 Mar. 30 107.4 Jan. 109.27 Mar. 30 107.10 M 109.22 110.2 1946-1948 J ..1951-1955 Jan. 7 107.20 110.17 Registered 8471000 105.23 Sale l66l23 10815 108.27 Sale M S "s 107l4 Sale" Sale Sale Mar. Mar. 20 106.31 Mar. 1 109 104.12 Jan. Mar. 30 104.10 Jan. 26 107.9 27 106.31 Mar. 15 2 107.9 105.17 108.5 Mar. 30 107 Jan. 109 Mar. 15 Jan. 107 Jan. 105.19 Jan. 108.2 Mar. 28 106.3 1945-1947 Jan. 106.3 Jan. Mar. 30 104 Jan. 106.28 Mar. 30 Registered 3381000 1948-1951 Treasury 2^8 Registered 6 19 107 104.21 Sale 106.5 1955-1960 M Treasury 2%s 7,000 Registered... 88,000 Treasury 2%b 1731666 Jan. 9 M S 105.22 Sale 106.29 107.7 107130 Sale 107.8 Mar. 19 108.2 Mar. 28 . Treasury 2^8 1951-1954 7 D 1041e" Sale" 105715 Sale 106.24 Sale 105115" Mar. 1 106.28 Mar. 30 Mar. 30 27 23 Registered 4791666 Treasury 2%8 Registered.... 1956-1959 M S 103.13 Sale 104.15 Sale 105128 Sale" 104.10 Mar. 2 106.3 Mar. 30 103.4 Jan. 26 106.3 Mar. 30 4251666 Treasury 254 s 1958-1963 7 D 162728 Sale" ioili" Sale 104.27 Sale 103128 Mar. 2 105.9 Mar. 30 102.20 Jan. 26 105.9 Mar. 30 J D 102.25 Sale 104.1 Sale 104.19 Sale 103.28 Mar. 2 105.1 Mar. 30 102.20 Jan. 26 105.1 Mar. 30 D 106.12 Sale 107.7 107.15 107.28 Sale 107.17 Mar. 3 108.1 Mar. 13 106.6 Jan. 26 108.1 Mar. 13 Mar. 30 Registered. 3,1781666 Treasury 2 Ms 87,000 Treasury 2 Ms 1960-1965 1945 J Registered 119I660 Treasury 2 Ms 9661666 Treasury 2 Ms S 105.5 105.15 105.31 Sale 107.3 107.6 105.31 Mar. 1 107.10 Mar. 30 105.1 Jan. 30 107.10 Sale 103723 104125 Sale" 103117 Mar. 1 104131 Mar. 30 102.13 Jan. 27 104.31 102.24 1948 M Jan. 103.23 Sale 104.27 Sale 103.20 Mar. 2 105.2 Mar. 28 102.16 Jan. 27 105.2 Mar. 28 103127 102129 Mar. 1 104l3" Mar. 10 102 Jan. 26 104.3 Mar. 10 Registered.. 1949-1953 7 1D 102122 1950-1952 M 102.24 Sale Sale Registered 2461000 Treasury 2 Ms. 5 7 102.24 Mar. 30 Jan. 7 Registered 3381666 Treasury 2s 1947 y id 10214 102.12 102729 Sale 107.2 107.12 108.9 108.16 108.29 109.9 Sale Federal Farm Mortgage Corp— 94,000 1944-1964 3Ms M S 108.14 Mar 109 Mar. 27 107.9 Jan. 109 Mar. 27 107.24 108 108.11 108.14 107130 Mar 108ll3 Mar. 29 106126 Jan. 108.13 Mar. 29 106.16 Mar, 106.27 Mar. 30 106 Jan. 106.27 Mar. 30 105115 Mar. 105 26 Mar. 9 I05l3" Jan. 105.26 Mar. 107.22 Mar 108 10 Mar. 30 106.26 Jan. 108.10 Mar. 30 .. Registered 177I660 3s 414I660 3s i..1944-1949 M N 106.27 Sale Registered1942-1947 7"j 1061l Sale" l661l5 107" 166721 105 105.10 105.21 106.6 106.25 106.28 Sale Registered 24I666 2 Ms-. 1942-1947 M Home Owners Mortgage Corp— 125.000 3s Series A 3931666 2 Ms Series B S 1944-1952 M N 106.26 Sale 107.22 Sale 108.6 1939-1949 F 102.11 Sale 102.19 Sale 101.28 Sale 104ll"0 Sale" I04I22 Sale" 104126 Sale" Sale 11 9 Registered. 1,000 347,000 1942-1944 y "j Mar 102 .22 Mar. 2 101.26 Mar. 102.22 Mar. 102.10 A Registered 2 Ms Series G Mar. 102 .10 Mar. 9 102.10 Mar. 102.14 Feb. 104.20 Mar, 104 ,31 Mar. 30 104.1 Jan. 104.31 Mar. 30 101.26 2 24 FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia)— 22.0C0 iGtd sink fund 6s 1947 5,000 iGtd sink fund 6s 1948 15,000 Akershua (Kingd of Norway) 4s.l968 62,000 lAntioquia (Dept of) Col 7s A. .1945 94,000 AExternal s f 7s series B 1945 33,000 ^External s f 7s series C ..1945 87,000 AExternal s f 7s series D 1945 123,000 a7s 1st series 1957 60,000 a7s 2d series 1057 106,000 A7s 3d series 1957 133,000 Antwerp (City( extl loan 5s 1958 Argentine Nation (Govt of)— S f external 4 Ms 743,000 1948 168,000 Sinking fund external 4Ms 1971 S f external conv loan 4s_Feb 1972 541,000 238,000 S f external conv loan 4s. .Apr 1972 For footnotes see page 30 F A A O 25 % 25 % M S 93 % 12M 12% 12% UK. J J J J A 26 O A O 11 A O 11 J D 96% 12M 12M Sale 92 Sale 86 % 77 M Sale MN MJV F A A O 26 26% Sale 26H Mar. 26 25 Mar. 22 87 M 78 % Sale Sale 78 % Sale 77% Salq Sale 12 Sale 93^ Mar. 23 12% Mar. 23 12 Sale 12 Mar. 24 12 Sale 12 Mar. 31 12 Sale 12 Mar. 31 12 J J 27 Sale 13 12J4 12M 12* Sale 12 Sale 11% Mar. 21 11% Mar. 21 11% Mar. 21 93% 11% 13% 90% Sale 91% 86 % 77% 77% 90 Mar. 20 Sale 91 Sale 85 Mar. 18 Mar. 18 Sale Sale 76 Mar. 18 76 Mar. 20 27 Mar. 13 26% 93% 14% 14% 14% 14% 13% 13% 13% 96% Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 15 92% 86 % 73% 73% Mar. Mar. Mar. Mar. 15 30 27 27 25 % Jan. Mar. 22 25 Jan. 16 10% Jan. 9% Feb. 3 93 11 11 11 11 11 11 11 10 10 H Feb. 10 % Jan. 9% Jan. 9% Jan. 9% Jan. 90 Mar. 3 28 25 28 20 39% Jan. 27 Mar. 18 85 76 76 Feb. 3 Mar. 20 27 Mar. 13 26% Mar. 15 94% Jan. 7 14% Mar. 11 143^ Mar. 11 14% Mar. 11 14% Mar. 11 13% Mar. 11 13% Mar. 11 13^ Mar. 11 96% Jan. 11 92% Mar. 15 37% Jan. 10 73% Jan. 4 79 Jan. 3 20 Sales in March 6,000 46,000 841,000 2,128,000 1,858,000 1,648,000 99,000 53,000 71,000 55,000 199,000 61,000 14,000 39,000 1,000 9,000 28,000 <o-r 1939 4%s of 1928-- _____ --- 1960 A O Viq5k 15 1945 F A I y 1967 J J 1954 j J 1950 M S 1960 J J -I960 1960 A O a6s Oct coupon on. I960 «"o",666 AChile Republic ext s f g 7s 1942 M N 47,000 A7sassented-.-_----------1942 MN 165,000 AExternal sinking fund g 6s—1960 A O - - 71,000 a6s assented— 1960 66,000 AExternal s f gold 6s Feb 1961 24,COO AGs assented *eb 1961 81,000 ARy ref extl s f g 6s Jan 1961 19,000 a6s assented. -J^ 1961 36,000 AExtl s f 6s int ctfs -Sept 1961 16,000 a6s assented. Sept 1961 AExtl sinking fund 6s 49,000 12,000 a6s assented. ------ -19b2 55,000 AExternal sinking fund 6s 1963 91,000 a6s assented— 34,000 AChile Mtge Bank of gu s f 6MS-1957 21,000 a6Ms assented 1957 AGuar s f gold 6 Ms 20,000 1961 15,000 a6Ms assented— 1961 49,000 AG aranteed s f gold 6s 1961 a6s assented. - 1961 37,000 AGuaranteed sink fund 6s 1962 23,000 a6s assented 1962 87,000 1960 54,000 AChilean Munic Loan 7s AChinese Hukuang Ry 5s 1951 _ . - - 19 000 58 ,000 119 000 73 000 1,009 ,000 583 000 580 000 100M 96M Sale Sale Sale 11M Sale Sale 104": Sale Sale 102 M 111 Sale 14 115M 18M UK Sale Sale Sale 11^ 11M 11 96 M 97 M 9% 55 78 51 Sale 50 51H 50 51M 53 M 51M 22 95 % 95M 99 h 8h 94 94 Sale 11 5s ext debt Ser A Feb. 23% Mar. 15 20 Mar. 27 29 Jan. 16 Mar. 30 16 Mar. 30 17 Sale Sale 109^ Mar. 110 Sale 110 102 M 103 102^ Mar. 102% Mar. Sale 102% Mar. Sale 99% Mar. 16% Mar. 21M Sale 28% Mar. 103% Mar. 14 103% Mar. 1C 102% 103 101% Jan. Mar. Mar. 13 27 23 Mar. 23 22% Mar. Mar. 13 21% Jan. 19% Feb. Mar. 13 102 H 99M 14 29 25 M 14M alOM 14 % 10M 14 Vs 10 M 14M 10M 26 Sale 16 Sale Sale Sale 11 Sale Sale 14M Sale 11 Sale 11M 17M 16 Sale MN 18 Sale 14 MN 16 10 % 11M Sale Sale 12 15 Sale 12 7Msunstamped s f 7s stamped External 7s unstamped German Gov't International— 1 9M 9M 12M 1 Mar. 1 Mar. 31 Mar. 11 Mar. 14 Mar. 11 Mar. 10 Mar. 11 13%, Mar. 2 16 Mar. 11 Mar. 6 Sale Sale 11M 14M 10 13 13 15M 12 15 21 35 10M 14M 35 9.M 10 M 14M 19 20 M 18 19M 19 llM 4 10 Mar. 23 Feb. Feb. 16 Jan. 14% 10% 14% 10% 14% Mar. 18 Jan. Mar. 16 Jan. 4 Feb. 18 Jan. Mar. 16 Jan. 17 17 Feb. 18 Jan.' Feb. Jan. 9 Jan. 14 Jan. 3 Mar. 11 Mar. 16% 18% 16% 18% 16% 18% 16% Feb. 16 im 14% 10% 14% 10% 13% Mar. Mar. Mar. Mar. Mar. 31 16 13% Feb. 9% Mar. 12% Mar. 2 12% Mar. 13 4 16 Mar. 11 12% Mar. 13 Mar. 14 1 Mar. 11 18% Mar. 16 19% Mar. 30 22% 22% 25% 25% 26% 26% 26% 27% Mar. 2 Mar. 2 Mar. 21 Mar. 1 10 13% 9% 10% 17% 16% 28 28 21 4 24 31 96% Mar. 10 94% Mar. 11 55 45 50 Mar. 24 Mar. 9 Mar. 24 50 40 45% Mar. 29 40 70 Mar. 29 77 70 Mar. 29 29 Mar. 79 H 32 M 104 100 M 103 M 105"" 101M 102 20% 108 22 Sale Sale Sale 74 29 55 Sale 102 M 107 Sale 69 60 75 M 44% 23 26% al00%Sale 103% 101% 53% Sale 101% 103 67% Sale 101% Mar. 6 69% Mar. 8 67% Mar. Feb. 76 Mar. 11 98% 97% 85% 98% Mar. 105 Mar. 10 101 Mar. 69% 68% 68% Sale 68 68 66 Sale A O 65 M 69M A O 60 69 71 70 70 19 23 68 68 Sale Sale 16 100 Sale 108% 103% 115% 103% Sale 20% Sale 16% Sale 72 73% 71% 98% Mar. 105 Mar. 10 101 97 Mar. Mar. 10 97 Mar. 85 Mar. 96% Mar. 10 85 Mar. 67 Mar. 18 1 65 70 Mar. 20 Mar. 15 Mar. 20 71% Mar. 71% Mar. 1 65 71 Mar. 6 65 71% Mar. 66 Jan. Jan. Jan. Jan. 65 16 68 67 75 75 16% 21 99 105% Sale 105% 103% 119% 103% Sale 20 Sale Sale Sale Sale 68 70 Mar. 17 Mar. 1 71 Mar. 7 7 71 Mar. 7 23 96 107 18 20 18% 14 ---. Sale 16 96 Mar. 21 3 Mar. 30 100 Mar. 11 Mar, 16 18 stamped-.1949 ------1949 6Ms ser A. 1958 7s 1964 J D 25 M1V Sale 19 28 24 M 18% 22% 14% Sale 20 71 % Feb. 28 17 71 23 71% Feb. 28 66% Jan. 23 71 Mar. Jan. 9 3 71 Feb. Feb. 18 Feb., 24 14% Jan. 5 21 Mar. 11 Feb. 1 96 71% Mar. 1 Mar. 6 Mar. 30 100 19 Mar. 2 105% Mar. 28 109 Mar. 2 105% Mar. 27 107 19 17% Feb. 24 105% Mar. 28 109 9 104 Mar. 2 Mar. 9 105 Mar. 115% Mar. 1 120 Mar. 21 105 ----- Sale 3 4 12 1 19 17% Mar. 22 15 Mar. 18 20% Mar. 16% Mar. 3 4 Mar. 16 21% Mar. 22 -27 17 Mar. 23 19% Mar. 8 lO 97% Jan. Mar. 105% Mar. 27 107 23 25% 17 28 75 70 Sale 4 18 Mar. Mar. 57 26 9 Jan. 60 103% Jan. 73% Jan. 25 62 O 3 19 30 64 M 23 9 Mar. Jan. 102% Jan. 100% Jan. 53% Mar. 101 % Mar. 67% Mar. Mar. 11 O Sale Mar. Jan. 105 Mar. 10 M S 20% 56 103 8 108 Jan. 76 70% 108M 118% 103% Mar. Feb. 105 72 Sale Sale 103 102 30% Mar. 13 22% Jan. 100 Mar. 71% 71% 20 101% Mar. 53% Mar. 13l 3 24 Mar. Sale 107 % Mar. Mar. 24 30 Sale D 105 11 46 100M 93 % MN Mar. Jan. 27 103 M 15 30% Mar. 101% Mar. 105 26 Sale Sale 15M zl00%Mar. 9 13 13 10 13 z25 Sale 97 100 105 M Sale 2 Mar. Mar. Mar. Mar. 46 Sale MN Mar. 26% 26% 26% 27% 27 97 M 66 50 5 76 103 M 100 57 55 Sale 69% 24 10 51% Jan. 80% Jan. Mar. 31 Sale 10 Jan. Jan. 50 Sale 79 77 11 Mar. 80% Mar. 31 Sale Sale Jan. Jan. Jan. Mar. 24 Sale 79 79j 17 96% Mar. 10 94% Mar. 11 81% 92 M 45 43 3 11 Jan. Mar. 31 Sale 75 Sale 14 Jan. 79 25 M 95 51 j 3 JUn. Jan. Mar. Jan. Jan. Mar. 27 ----- Jan. 19% 19% 25% 25% 25% 80% Sale 26 17 19% Mar. 30 96 94 % 3 Jan. 20 23% 23% 93 16 Jan. Feb. Sale Sale 26 M Sale 26 3 Feb. Feb. Mar. 25 M 26 M 13 13 10 13 14 Mar. Feb. 22 M 22 M Mar. Mar. Mar. Mar. Jan. 12 14% 16% 14% 16% 14% 14% Sale Sale Sale Sale 13 Mar. 13 16% Jan. 21% 21 % 25M 25M 25M 26 Mar. 13 Jan. 14% Jan. Feb. 10 15% Mar. 13 35 19M Jan. Jan. 12% Mar. 13 Mar. 10 18 24% 27% 23% 18% 12% Mar. 11 Mar. Feb. 19% Jan. 27 Mar. 24 Mar. 20 6 101 32 Mar. 31 Mar. 11 4 17 Jan. Feb. 11 Mar. 13 20 Jan. Feb. Mar. II 2 5 20 103 98% Jan. 16% Mar. 11 Mar. Mar. 20 2 24 104% Jan. 14% Feb. 18% Mar. 11 13% Mar. 10 18% Mar. II Mar. Mar. 11 32% Jan. 104 Mar. Mar. 10 8 16 55 111% Jan. 111% Jan. 109% Jan. 109% Jan. 102% Mar. Mar. 10 Mar. 13% 9% 12% 10% 13% 9% 10% 13 A 318,000 AGerman Republic 7s 7,000 a7s unstamped 14 10 15 74 A3 5-year 5Ms stamped 1965 J D a5Ms unstamped _.__1965 a5Ms stpd (Canadian holder) .1965 3 16M 12M 9M 12M 70 1949 3 Mar. 80 Mar. 15 Sale 10 72 1941 1949 y~D 3 Mar. 31 Mar. 13 Mar. 12M 103 J Mar. Mar. 10 11 13 Sale" 1 11 15 59% M S 6 11M 12M 13% 13% 1967 29,000;Finland (Rep of) external 6s 1945 3.0001 iFrankfort (City of) s f 6%s. --1953 61,000 French Republic 7 Ms stamped.-1941 Mar. 30% 26% 24% 27% 14% 10% 14% 10% 14% 15 13 102 O I 8 14% Mar. zll Sale 14M 12M Sale Mar. II Mar. 17 18% 14% 18% 13% 18% 12% 18% 12% 17% 11 12M 9M 10M 14% Mar. 14% 10% 14% 10% 13% Sale "15"" Mar. 10 25 14M 10M 14M Sale Mar. 11 100% Mar. 22% Mar. 24% Mar. 30 25 M 29 Sale 24 30 25M Mar. 15 111 Mar. Sale 24 111 Sale M S A Mar. 23 110 30 2 Mar. 27 53 28M 19M 31M Feb. 64 52% Mar. 4 52% Mar. 13 20 50% Mar. 30 25 M S A Mar. 11 2 Mar. 31 23 10M 14 M 11M 14M M S 55 Feb. 48% Mar. 31 13 17 11M of 1914—--1949 49 110M Sale 110M Sale 103 M 103 M 103 H Sale 102M 102M 10M 14M 10M 4Ms external loan 1949 4 Ms external debt 1977 30-year s f 5Ms — ---1953 APublic Works 5Ms.-June 30 1945 Czechoslovak (Rep of) extl 8s—1951 Sink fund 8s series B — .----1952 Denmark 20-yr external gold 6s .1942 External g 5Ms --1955 External g 4MS 1962 52% Mar. 4 52% Mar. 13 10 Mar. 10 11% Jan. 54% Mar. 10 Sale A 26 102 Mar. 21 42 16 F 26 Jan. 9 19 M S 1957 F A (Prov) Argentina 7S---1942 J J Jan. 97 11 11 10 24 Sale ---- 89 Mar. 10 31 Sale Mar. 17 Mar. Mar. Mar. Mar. Mar. 10 11 23 100 H 15 23 22% 21% 98% 98% 24 Sale F A (City) 7s *a7sstamped. 3 3 Jan. 15 ACordoba Mar. 31 7 Mar. 49% Jan. 50% Jan. 14M 10M f 6MS—1950 M S 19% Mar. 2 28% Mar. 11 38 15 13% 13 3 5 54% Mar. 10 39% Mar. 13 12 Sale 21 26 Jan. Jan. Jan. Jan. Feb. 2,9% Mar. 13 52 14 16 27 Jan. 39 49 42 Sale Sale Jan. 13 11% 9% 9% 9% 93% 64 49 Sale A O A O AfN MN M S «J D Mar. 18 Mar. 21 48M Mar. 31 Sale 12M 15M 12M 15M 12% 9 Mar. 17 22% Mar. 11 21% Mar. 11 98% Mar. 10 98% Mar. 10 99% Mar. 20 102 Sale 54 M 54 M 18 D Mar. 20 96% 97% 91% 11 % 14 19% Mar. 28% Mar. 11 23 Sale 16 D 2 55 48 M 49 M 18 J J J 21 11M Mar. 11M Mar. 11% Mar. M 15% Mar. Sale J D Mar. Mar. 18M Mar. 21 Sale J J 21 17M 15M Sale D 1 Highest Sale Prices Mar. 10 Mar. 15 17 Sale Lowest | Sale Prices IShle Prices Jan. 25 103% Mar. 10 Jan. 24 103% Mar. 15 Mar. 10 99 Mar. 10 Jan. 26 Mar. 11! 17% Jan. 7 Mar. 31 20 Mar. 6 16 Jan. 27 20 Mar. 6 20% Jan. 11 102 M Mar..20 108 Mar. Mar. 9 102% Mar. 20 108 Feb. 24 100% Mar. 20 107% Mar. 100% Mar. 20 108 110 Mar. 22 116% Mar. 110 Mar. 22 116% Mar. 4 Sale Prices 14 16 19 Highest 97M Mar. 20 103% 98 Mar. 18 103% 99 92M Mar. 18 16 11M Mar. 31 Sale Sale 11 Sale 19 "22M Sale Sale 100 19 Sale 14% 14 29 Sale Sale 21 20 Sale 20 21 (Republic of)— 21,000 ACertificates of deposit 25,000 Estonia (Republic) 7s 410,000 57,000 Sale F 20,000 Dominican Republic s f 5Ms 1942 20,000 1st ser 5Ms of 1926 ---1940 15,000 2d series sinking fund 5 Ms 1940 16,000 Customs Adm 5%s 2d series__1961 17,000 5Ms 1st series 1969 6.000 5Ms 2d series..-..--1969 ADresden (City) extl sf 7s 1945 El Salvador (Rep) 1st s f 8s A. . . 1948 6,000 44,000 98 M 98 M 93 M Sale 12 000 ACosta Rica (Rep of) 7s_. 1951 MN 12 000 Cuba Rep of) 5s of 1904 -——-1944 M S 2 000 W 30 28 Ask Sale Sale 18 Oct 1961 A O 196117 J 1947 A O 32,000 ASinking fund 7s of 1926 1946 M2V ASinking fund 7s of 1927 1947 F A 296",000 Copenhagen external 5s 1952 J D Gold 4Ms 1953 MN .217,000 14 ,000 437 ,000 Ask Bid 100 M 109M 107 % 107 M Lowest Mar. 31 Sale AExtlsf g6s -----Ja:a 16,000 AColombia Mtge Bank 6Ms 12,000 Cordoba 30 22% 1 16 i6s of 1928 * 111M Sale 110M Sale 103% 104M 103% 104 M 102 M 103 98% Sale 18M 21M 31M 34% 1 F - ACologne (Germany) s Colombia 486,000 541,000 Mar. A _ 1,000 153,000 Sale Sale tlH lAustrian Govt s f 7s 230,000 Canada (Dominion) gold 4s 252,000 30-year gold 5s 120,000 lC-year 2%s Aug 219,000 25-year 3 Ms 113,000 7-year 2 Ms 554,000 30-year 3s 8,000 ACarlsbad (City) s f 8s 12,000 ACent Agric Bank (Ger) 7s 45,000 AFarm Loan s f 6s 6,000 a6s July coupon on 56,000 AFarm loan s f "2J)66 101% 101M Sale AfN Sale ---—1957 J J 20 22 M iBavaria (Free State) ext-6%s--1945 F A Belgium 25-yr external 6%s M S 106M Sale Sale External s f 6s—i_i_-_------1955 J J 105 Sale External s f 7s 1955 J D 115 21 iBeriin (Germany) s f 6%s 1960 A, O 20 19% AExternal sinking fund 6s____ 1958,/ D "l2~" Sale iBrazil (U S of) external 8s 1941 J D Sale 10 AExtlsfg6%sofl926 1957 A O 10M Sale AExtlsf 6Ms of 1927 1957 A O 9% 10M ACent Ry 30-year g 7s 19o2 ,7 D 96 97 M Brisbane (City) s f 5s 1957 M S 97 M Sinking fund gold 5s 1958 F A 97 101M 20-year s f 6s -1950 J D 13 M ABudapest (City of) 6s------— -1962 J D Buenos Aires (Province of) 55 78 Acs stamped --1961 M S Readjustmeot 4%-4%s 1977 M S 50 M Sale 50 M Sale Refunding s f 4%-4%s 1976 F A 50 55 Extl readjust 4%s-4%s 1976 A. O Extl s f 4 %-4 % $ bonds 1975 M N 51M 56 3 %s external s f $ bonds 1984 J j 37 M 41M Bulgaria (Kingdom of)— 35% ASecureds f 7s 1967 J J 35M AStabilization loan 7%s 1968 MIV External g I Bid (Continued) 5s of 1925—^ External loan 5s of 1927 --1957 MS Australia RANGE SINCE JAN. PRICES IN MARCH Price Jan. 3 EXCHANGE N. Y. STOCK FOREIGN GOVT 419,000 236,000 570,000 78,000 1,000 220,000 212,000 204,000 81 BONDS 1 Value EXCHANGE-BONDS Y. STOCK N. Jan. 113% Jan. 103% Jan. Feb. 8 Mar. 2 Mar. 2 12 105 11 120 Mar. 20 105 Jan. 17 21 % Jan. 12 Jan. 25 14% Jan. 25 17% Jan. 14 19% Jan. 25 16 Feb. 8 15 7 28 9 Mar. 21 Jan. 5 17% Jan. 14 18 27 22 Mar. 16 Jan. 6 German Prov & Communal Bks— 21,000 A(Cons Agric L'n) 7,000 AGreek Govt secured 26,000 a7s part paid 3,000 AS f secured 6s 1964 1968 29,000 a6s part paid 1968 22,000 Haiti (Rep of) 6s series A 1952 5,000 aHam burg (State) 6s -1946 3,000 AHeidelberg (City) extl s f 7 Ms- -1950 21,000 Helsingfors (City) ext 6 Ms 1960 Municipal Loan— ASecured s f g 7 Ms —1945 ASecured s f g 7s Septl946 AHungarian Land Mtge 7 Ms A--1961 aS f7Ms series B —---1961 AHungary (Kingdom of) 7Ms—1944 Extended at 4%% to 1979 Irifch F^ee State external 5s 1960 Italy (Kingdom) extl s f 7s ^1951 Italian Cred Consortium 7s ser B 47 Italian Public Utility s f g 7s—1952 Japanese Govt extl s 1 6%s 1954 Extl sinking fund 5%s 1965 24 25% 22 24% A 28% 23% 27% 25 18 F 28 20 21 Sale 18 A O 75 A O 17 J J A O 103 % —r- 73 23% Mar. 33% 30 33 27 Sale Sale 18% 3 14% 16 103% 104% 102% 17 Sale Mar. 22% Mar. 27% Mar. 24% Mar. 11 33% Mar. 21 23% Mar. 24 22% Feb. 26% Jan. 20% Feb. 3 22% Jan. 16% Jan. Mar. 20 Mar. 22 Mar. 11 73 75 18 Mar. 6 18 Mar. Mar. Mar. 2 16 Mar. 18 Mar. 6 103% Mar. 8 102% Mar. Hungarian Cons 11,000 16,000 12,000 5,000 6,000 71,000 2,000 567,000 52,000 133,000 407,000 147,000 For footnotse see page 30. J J MN MN F F A A 8% 8% 7% 8% 31% 26% D 5 5 7 7 9% 9% 9% 10 37% "I§" 108 MN J 10 9% 16 12 37% 32% 21 110 7% Mar. 7% Mar. z9 10 Mar. 15 Mar. 20 28 Mar. 15 19% 101% Mar. 59% Mar. Sale Sale Sale Sale 65 62 Mar. 45 j 75 j Sale 45 Mar. Sale 75 57 Sale 55 66% J F A 50% 78% MN 57% 60 Mar. 10 33 '60* M S Mar. 13 10 Mar. Sale J Mar. 11 11 8% Mar. 31% Mar. 67 Sale 11 Mar. 101% Mar. 21 69 Mar. 11 24% Feb. 27 33% Mar. 21 24 Feb. 27% Mar. 20 3 22 Mar. 11 Mar. 75 Jan. 15% Feb. 13% Feb. 102% Mar. 105 7% Mar. 11 Mar. 11 Mar. 11 Feb. 10 73 I* 8% 30% 19% 101% 59% 10 18% Feb. 25 18 Mar. 6 J an. 5 Mar. 10 Mar. 13 Mar. 10 Mar. 15 Jan. 33 Mar. 20 30 103 Jan. 10 Feb. 20 Mar. Mar. Mar. 76% Jan. 62 Mar. 75 45 Mar.. 55 Mar. 68% Mar. 14 51% Mar. 10 Mar. 7 80 75 Mar. Mar. 58% Mar. 9 55 Mar. 85% 9 Jan. Jan. Jan. 20 65% Jan, 5 6 18 N. Y. STOCK EXCHANGE—BONDS April, 1939] Jan. 3 n. y.,stock exchange foreign gov't Mar. 1 1939 _ 40 23 38 - (Prov) 7%s: 1950 AMedellin (Colombia) 6%s 1954 Mendoza (Prov) 4s readj 1954 AMexican Irrigation 4%sgtd—1943 a4%s stamped assented 1943 AMexico (U S) extern 5s 1899 £-1945 AAssenting 5s of 1899 1945 a Assenting 5s large AAssenting 5s small "16% Sale' -— 1954 AAssenting 4s of 19041954 AAssenting 4s of 1910 large __ AAssenting 4s of 1910 small * ATreas 6s of' 13 assent (large) 1933 a4s of 1904 Sale 32 34% Mar. 20 Sale 20 Mar. 21 25 Mar. 2 14Mar. 10 Sale 12 Sale 24M Mar. 17 12 % Sale M 56 M 1M 1% *6 1 1M Sale 55" Sale" 7M 7M External 1 1M AExtl s 99 % 100 M Sale 104*6 103 M 101M 50 % 100 M 98 53 1963 50 M 1947'm APeru Sale 1959 M S S 5M 54 M 101M 101M 60 Sale 7 11 Sale f 6s_ —1960 J D f 6s 1961a O 10 M 10 M 1940 a O 37 M 46 31 Sale Sale Sale (Rep) Sec sfg 7s ANational loan ext Bale" 104 *6 18 M Sale Sale 54 1958 (assented) Sale 104 APernambuco (State of) 7s s ANational loan ext s APoland (Rep of) g 6s AStabiliz loan 7s of '27AExternal s f 8s 1947 A 1950,/ O J Sale Sale 1 1* \A 1M 1 1M 1 "I 1961 (City of) 8s J D ""i"% a8s extl secured s 17 1953 J j 24% -1952 MIV f a8s external a7s extl water loan a6s extl dollar loan. 11% 11M 7M 7A 7M 7% 6% Sale 19 9 Sale 1940 7s 1945 ASinking fund gold 6Ms_Dec 1946 Serbs Croats & Slovenes (Kingdom)— ASec sfg 7s ASaxon State Mtge Inst (Prov) extl sink fund 7s -1958 4Ms assented _._1958 J 25 M 25 D Sale 105 % 104 1C5M 102 % 100 102 M Sale 52 M 49 M S Tokyo City loan of 1912 5s 1952 External s f 5%s guar— 1961 AtJruguay (Rep) external 8 f 8s. -1946 AExternal sinking fund 6s 1960 AExternal sinking fund 6s 1964 ! 3M-4-4M% (8 bonds of 1937) External readjustment 1979 3%-4-4%% ■($ bonds of 1937) External conversion 1979 Sale 100 M 101 101% 102 Sale 50 Sale 5% 9% 9% 9M 34 M 42 M Mar. 15 Sale 19% 105 Sale 104 % Sale 31M 7% Sale 10M 7M V* 7 21 10 M 10 M 1GM 10 54 Mar. 23 51*6 Mar. 13 Mar. 24 101 % Mar. 30 6 102 Mar. 14 Mar. 1 67% Mar. 21 Mar. Mar. 15 42 Mar. 11 2 15 Mar, 11 17 30 20 30 18 2 17*6 Mar. 14 Mar. Mar. 20 70 Mar. 22 19*6 Mar. 29 1 Sale Mar. 2 18*1 Mar. 241 19 103 % Mar. 18 106*6 Mar. 17 Sale 101 Mar. Mar. 10 1 31% Mar. 14*6 Mar. 11 7% Mar. 13*6 Mar. 11 8*6 Mar. 7*6 Mar. 8 Mar. 9 Mar. 15*6 15% 14*6 14*6 Mar. Mar. Mar. Mar. 11 11 11 11 1 Mar. 20 107 31% Mar. 8 Sale 12% Sale 11M Mar. 60 Mar. 19 15% Mar. 20 Mar. 15 15 50 Mar. 19*6 Mar. 10 11 8 14*6 Mar. 11 14% Mar. 11 Mar. 8 18 Mar. 13 7% Mar. 1 15*6 Mar. 11 Mar. 2 15 6% Mar. 20% Mar. 1 8 32 Mar. 11 14% Mar. 11 Mar. 10 25 M ----- 20 M 18 M Sale Sale Sale Sale 1 27% Mar. 24% Mar. 13 20*6 Mar. 18*6 Mar. 41 Sale 41 53 M 46 M 45M 46 M Sale 53 48M 51 52*6 Mar. Mar. 45*6 Mar. Mar. Sale 41 % 43 M 41M Sale 39 40 Sale 42 M 36 M 42 33 36 24 : 33 Sale 45 ----- 27 26 33 103 27 28 Mar. 13% 13% 12% 12% 38% Mar. Mar. Mar. Mar. Jan. 50 37 Jan. 5 Mar. 14 8*6 30*6 35*6 30% 30*6 33 44 Jan. Jan. 27 32*6 Mar. 14 Feb. 43 Mar. 11 15 Mar. 11 11H 70 Mar. 14 17 9*6 Jan. 9*6 Jan. 30 Mar. 19 Jan. Jan. 6*6 Jan. 5*6 Jan. 13*6 Mar. 11 13 6 4 16 Mar. 20 15% Mar. 20 15 Feb. Jan. Mar. Mar. Mar. Mar. Jan. Jan. 11 11 11 11 9 10 9 20 Jan. 9 19 Jan. 11 14% Mar. 11 14% Mar. 11 Jan. 18 Mar. 13- 7*6 Jan. 15% Mar. 11 7 15 Jan. 6% Jan. 17*6 Jan, 20% Jan. 22% Feb. 21 Jan. Mar. 24 Mar. 15 28 Mar. 41 43 49 44 Mar. 21 40 10 7 Jan. 28 Jan. 49 Mar. 9 27 Feb. 25 29 Feb. 15 103 54% Mar. 17 Jan. 49 3 Feb. 2 58 Feb. 27 47 Mar. Mar. 28 Mar. 2 Jan. 33 95% Jan. 49% Jan. Mar. Mar. 10 20*6 Jan. 31 22% Feb. 21 28 Jan. 25 Mar. 11 14% Mar. 11 32 25% Jan. 20*6 Mar. 18*6 Mar. 27 Jan. 6 15*6 15% 14*6 14% 69% 20% 11 6*6 Jan. 6*6 Jan. 11 27 Mar. 10 1 31% Mar. 14% Mar. 11 3.0 50 28 107 Jan. 7*6 Jan. 6*6 Jan. 7% Jan. 7*6 Jan. Feb. 106% Mar. 17 102% Jan. 101 Feb. 19% Mar. 29 14*6 Jan. 14 11 10 11 11 5 Mar. 18 54 40 *6 Mar. 24 23 Mar. 30 47 47 1 Mar. 14 Mar. 14 Mar. 15 54% Mar. 17 43*6 Mar. 18 51*6 Mar. 6 20 Feb. 68 19 8% Mar. 6*6 Mar. Feb. Jan. 67% Mar. 21 23 28 Mar. 14 5 2 17 28 Feo. 32*6 Mar. 14 Feb. 28 Mar. 14 Mar. 31 Mar. Jan. 50 5 30% Mar. 18 Jan. 43*6 Jan. 30 Sale 25 M 6 102 9% Jan. 8% Feb. 3 Sale Sale Mar. 5*6 J an. 15 Sale 9% 25 M 7M 100 Mar. 10 Sale 11% 11 % 10 §& Mar. 17 104 Feb. 24 17 19% 57 52% Mar. 22 Mar. 23 52% 48*6 100% Feb. 14 103 Mar. 11 12% 12M Mar. 31 103*6 Mar. 10 3 98% Mar. 20 101% Jan. 100 101 13*6 13*6 i2*6 12*6 10 M 10 Sale Mar. 31 104*6 Mar. 7 26 106*6 Mar. 14 Jan. 4 Mar. 18 105 1 Mar. 11 2 Jan. 7 1 24% 8M 7 Jan. Mar. Mar. 52 1 25 101% Mar. 10 9 26 101% Mar. Mar. Mar. Sale 94*6 102% 103% 102% Jan. 6% Mar. 9% Mar. 10% Mar. 10% Mar. 20 26 95 Mar. 14 43% Mar. 13 Mar. 11 45*6 Jan. 68 Mar. 11 16 15*6 Mar. 11 54 1 9 1*6 Mar. 14 9 3 Mar. 20 15 24% .45 Sale 42 M 1 4 1 Mar. Sale Jan. Jan. Jan. Jan. Jan. Mar. 99 39 M MN Feb. 4 Mar. 14 Mar. 15 Mar. 15 7*6 Jan. 7*6 Jan. 52 37 23 36 M 11M Sale 9M Sale 20 M 20 M 53 47 12 *6 1 % 1% 1% 1*6 Mar. 15 56*6 Jan. 9 Mar. 23 28 51 Mar. 13 *6 Jan. 1 % Mar. 18 1*6 Mar. 15 44*6 Mar. 22 48 99M 53% Sale Sale 14% Mar. 10 72 1% Mar. 15 1*6 Mar. 14 2 Mar. Mar. Mar. 43 M 40 MN 25 27 Mar. 31 103 M 103 M 25 Sale 43 52 M 44 55 M 46 7 15% Mar. 11 Sale At* Sale Sale Sale Sale 51 19 Mar. 21 Mar. 2 23 25 4 25 54 36 \VA 8M 7% 51 42 4 27 12 12 4 5 24 38*6 Jan. % Jan. Mar. 24 8% Mar. 1 31% Mar. 22 35% Mar. 30 27 Sale ----- Mar. 11 Sale Sale 31M Sale 29 o 4 Mar. Sale 35 M 31 Sale 19 Mar. 52 Mar. 20 101% Mar. 10 96 M Mar. 20 101 % Mar. 9 102 M Mar. 31 104*6 Mar. 7 104 Mar. 31 106*6 Mar. 14 41M z36 70 6M 5?* tlH Mar. 15 16 Mar. 8 1 % Sale 10 H 99% 102M A MN Sale 9 1M Mar. 15 44M Mar. 22 Sale 11M 11M 9% 8% 8M 7M 60 18 15 17 2 17 % *6 % *6 1% Mar. 15 1% Mar. 14 1% Mar. 14 10 M 10 M ?2 7 1% Mar. 14 1 % Mar. 15 16*6 Feb. 24% Mar. 10*6 Jan. 65% Mar. *6 Jan. *6 Jan. *6 Feb. % Jan. 1 *6 Feb. 1 % Mar. 15 1 Mar. 15 10 32 18 1% Mar. 18 11 31% Sale F ' 60 98 M 98 M 2 Mar. 11 1 Sale 49 48 % 100 % 101 % 100 M 100 102% 100 60 57 53 59 M 50 6% Sale Sale Sale Sale 43 M Sale" a i Mar. 13 102 M Mar.* 18 104*6 Mar. 10 Sale Mar. 31 103*6 Mar. 10 100 99 M Sale Mar. 20 101 % Mar. 14 102 M 101 Mar. 17 102% Mar. 1 20 2 18M Mar. 1 19*6 Mar. 53 % Sale 1 52 M Mar. 22 55*6 Mar. 101H Sale 102 M Sale 18% Sale 55 M Sale 27 M 24 M 28 30"" 100 % 1971 Ms— 97 M 97 Sale 104 M 102 M 104 Sale 30 Sale 33 1955 Elec Pow 5 48 Sale 104 Sale Sale 52 23M 30*6 Sale ASilesian Landowners Assn 6s—1947 Taiwan ' M Mar. Sale 99% 99 M 23 M ASilesia Sydney (City) sfg 5%s_-. Sale 10 % 10 M 13 9M 53% 48 27 -1962 MN 1962 AfN a8s seemed external 7 6 1936 -.1950 —1956 1968 a7s series B sec external 7% 7M Sale a6ms extl secured s f—-—-1957 MiV San Paulo (State of)— «a8s extl loan of 1921— 47% 5l% Sale" 10 % 9M 9H 1966 J J AExternal loan 7 Ms Sale 55 Prague (Greater City) 7 Ms 1952 M N APrussia (Free State) ext s f 6Ms 1951 M S 21 20 ASinking fund gold 6s -.1952 a o Queensland (State of) exts f 7s.-1941 A O 103 M Sale 25-year extl s f 6s.__-Feb 15 1947 F a 106 M Sale ARhine-Main-Danube deb 7s ser a *50.M S 30 35 ARio de Janeiro (City of) 8s 1946 a o 6M 7 AExternal sec 6 Ms —1953 F A 6M 6M Rio Grande do Sul (State of)— a8s extl loan of 1921 1946 A O § a6s extl sinking fund gold 1968 j D 7 9 a7s extl loan of 1926 —-1966 MiV 7*6 Sale a7s Municipal loan 1967 J D 7M Sale Rome (City) external s f 6 Ms.-1952 a O 68 M Sale ARoumania (Kingdom of) 7s—1959 F a 15 18 AFebruary'1937 coupon paid ASaarbruecken (City) s f 6s Sao Paulo (City of)— Mar. 10 Sale Prices Mar. 31 32 I'm 29 M 33 M 1958 ——1968 4 M« assented 4 Ms assented APorto Alegre Sale 104 M 105 M (Rep) external 5%s._1953 f 5s ser A May 15 1963 AStamped 1 1% 1M 1 7M 52 45 100 extl sink fund.. 1955 5 Ms deb (City) 4Ms Sale 49 45 1959 5s—1957 External sfg 5s 1958 Norway 20-year ext s f 6s 1943 20-year external s f 6s 1944 External sinking fund 4Ms—1956 External sinking fund 4 Ms—1965 4s sinking fund extl loan 1963 Municipal Bank ext s f 5s_—-1970 ANuremberg (City) external 6s__1952 Oriental Developments 6s 1953 72 M _____ 5A Mar. (Italy) ext loan 6 Ms.1952 Brazil)— 1958 ASec extl s f 6 Ms 1959 AMontevideo (City) 7s. 1952 APanama Mar. 31 1 1M Mar. 15 % Mar. 9 ' H 2X Milan City - Mar. 12 65M Mar. 27 6 23 1 Highest Sale Prices Sale Prices 32 A Small a6s series A New South Wales ext s f g Sale Prices Mar. 31 Mar. 31 Lowest Highest M a Minas Geraes (State of, ASec extl s f 6%s Oslo Ask v 23 70 M H A *6 6A Lowest 36 M 33 20 a25 ALower Austria Mar. 31 i Ask Bid Ask Bid Bid ( ) iJugoslavia (State Mtge Bk) 7s-1957 iLeipzig (City) external s f g 7s__1947 * RANGE SINCE JAN. PRICES IN MARCH Price BONDS 50*6 Jan. Jan. 42*6 Jan. 2 45% Feb. 27 37 Jan. 17 43% Mar. 3 Mar. 36 Jan. 16 43 Mar. 3 42*6 Mar. 45 Mar. 35 Feb. 20 42% Mar. 6 37% Jan. 36*6 Jan. 30 45 5 23 36*6 Jan. 43*6 Mar. 3 o MN 3*6-4%-45u% extl conv——.1978 4-4%-4%s external readj 1978 3 Ms external readjustment—1984 Venetian Prov Mtge Bank 7s—1952 J D 37 F a 41 J J a o 1952 1958 MN 1958 F J D (City of) 6s AWarsaw (City) external 7s 4 Ms assented (City) extl s f F 4 Ms stamped 1946 Adriatic Elec Co external 7s-- —1952 First cons 1943 1943 A 4s series B 17,000 869,000 27,000 487,000 178,000 ----- 58 "39% 55% 31*6 57% 27 56 M 65M 66M ~ — — 103 A 104 103 M 103 105 60 70 105 M 50 35 72 M 79 M 70 40 77 82 72 38 M 45 M 103 M Sale Sale M S 97 93 109 M M S M S 37 M 53 M S A F Montan Steel 7s —1955 Amer & Foreign Power deb 5s—2030 American Ice s f deb 5s 1953 American I G Chemical 5Ms—1949 Amer Internat Corp conv 5 Ms. -1949 a Alpine O A D MN J J J '45"" 18 30 M - 103M 104 Albany Perforated Wrap Pap 6s -1948 6s with warrants assented 1948 Albany & Susq 1st guar 3 Ms - —1946 Allegheny Corp coll tr conv 5s_-1944 Collateral and convertible 5s. -1949 ACollateral & convertible 5s.-1950 a5s stamped .-.1950 Allegh & West 1st g guar 4s_--_1998 Allegh Valley gen gu 4s - — -1942 Allied Stores Corp deb 4 Ms 1950 4mb debentures.— 1951 Albs-Chalmers M'fg conv 4s 1952 42 36*6 M a RAILROAD AND INDUSTRIAL COMPANIES *t AAbitibi Pow & Paper 1st 5s--1953 J D Adams Express coll tr 9 4s 1948 M S Collateral trust 4s of 1907 1947 J D Ala Gt Sou 1st cons 5s ser 39 Sale a 6s_--_l961 AVienna Yokohama 41 - 50 Sale Sale Sale 40 Sale 102 101% Sale 102 Sale 61 102 102 102 60 106 38 51 Sale 38*6 Mar. 1 40 Mar. 20 49 Sale 27 19 Sale 56 M 19M 30 24 Sale Sale 51M Sale 102 M M 102 % 100 102 M 100 103 104 M Sale % 103 66 M 50 M Sale M 16 25 51 22 31 22 27*6 Mar. 56*6 Mar. 1 58 Mar. 67 Mar. 11 51% Mar. 102% Mar. 102*6 Mar. 108 20-year sinking fund 5Ms—-1943 MiV 111% 1961 A O, 105 M 105 M 3Ms debentures- — — _ For footnotes, see page 30. 1 Sale Sale Sale 109M 115 100% 104 49 111M 108% Sale Sale Sale 107 M 106 Sale Sale Sale Sale Sale 1.03 M Sale 111M 107 M 107 M 104 M ~ 1,03 W* 5 Jan. 11 59 Feb. 3 Mar. l: 6 Mar. Mar. Mar. Mar. Mar. Mar. Mar. 67 101 Feb. 104 Jan. 1! 101 Feb. 104 Jan. 2< 104*6 60% 108% 105% 36*6 37% 80 85*6 75*6 48*6 Mar. Mar. 50*6 Jan. 2 2 Mar. 28 Mar. 17 100*6 Feb. 50% Mar. Jan. .1 Feb. 21 Mar. 30 Mar. 8 Mar. 13 107 104 Mar. 7 Mar. 25 Mar. 10 Mar. 9 Mar. 9 35 72 74 Jan. 104*6 66% 108% 105% 36*6 39% 63 Jan. 38 Feb. Mar. 41% Mar. Mar. Mar. 60 9 Mar. 8 106*6 Mar. 10 Mar. 100 8 94*6 Mar. 13 112 Mar. 9 Mar. Mar. Mar. 30*6 Mar. 25 111*6 107% 107 104*6 Jan. 31 Jan. Mar. 3lj 103 *6 Mar. 6 107 M 104 M 34 Mar. 22 103 Mar. 6 Mar. 1 Mar. 28 M?r. 9 35 2 55 Mar. 28 112% Mar. 18 108% Mar. 20 108% Mar. 21 107*6 30 5 Mar. 11 18% Mar. 22 Mar. Mar. 2 Mar. 11 Mar. 9 Mar. 4 34 M 51 9 14*6 Feb. 29% Jan. 25 18*6 Mar. 33 52 Mar. 18 60*6 57 Sale 52 M Sale Mar. 9102*6 102M 102M 102 M 162 M 102 102 M Sale 102 Sale 101% Mar. 31 103*6 100 % Sale 102M 104 100*6 Mar. 32% Feb. Mar. 17 102% Mar. Mar. 103 Amer Tel & Tel— 3 Ms debentures. 1966 J D Am Type Found s f debs 2 %-5s .1950 J J Amer Water Wks & El 6s ser A- 1975 M N Mar. Mar. Mar. Mar. Mar. 49 17 30 22 z50*6 107*6 105 105% 105 M i06"" 104*6 36 M Sale 50 33 32*6 40 32 35 37% "72"" 78 81 75 75*6 81 % Sale 76 M Sale 76*6 68 68 M Sale 70% Sale 44 50 42*6 35 Sale 27% 27% Sale 46 M 60 60 46 % 59 % 106 M Sale 105 % Sale 105% 99 M Sale 95 99 96*6 90 M Sale 90% 91M Sale Sale 108 110M 110M 108 M 43 37 Sale 36 Sale 41 Mar. 29 40 .Mar. 18 107 Mar. 6 Jan. Jan. 32% Mar. Jan. 80 Jan. 85% 75% 48% 41% 27% Mar. 52 Jan. 60 103% Jan.' 96% Mar. 89 108 100 112 30*6 Mar. 25 48% .lan. 2^ 101 Feb. 100% Feb. 111 *6 105*6 105% 104% 102% Feb. 2\ Mar. 2\ Mar. 1( Mar. \ Mar. ( Mar. Mar. ! Jan. J J 94% Mar. .15 Mar. Tan. Mar. 1J 106% Mar. 1( Jan. 10* Mar. 3< Mar. J 40 Mar. I Jan. 5 60% Mar. 11 24 9 103% Mar. 4 10 104% Jan. 13 1" 102% Jan. 112% Jan. Jan. 108% Mar. Jan. Jan. 27 108% Mar. Feb. 25 111% Jan. Feb. Jan. 7 107 12 1 28 13 18 22 N. Y. STOCK Sales in March Price Jan. 3 1939 BONDS Value N. T. STOCK EXCHANGE 48,000 114,000 9,000 Conv g 4s of 1909 1955 1955 1960 1948 1965 Conv g 4s of 1905 Conv g 4s of 1910 Conv deb gold 4%s 455,000 1,000 Rocky Mtn div 1st 4s A A O Jan Q J Sale 34% 21M Sale 39M 40% F A 97 Sale 96 98 M 98 M Sale 98% Sale Sale J J A O 07 % Sale 90 M Nov 89 MN 89 M D D J D D J 4%s A. .1944 J Sale 91% 91 Sale 92% Sale 91% 87% 90 M 00% Sale 98 M Sale 108M 116,000 292,000 155,000 279,000 ACertificates of deposit ARef & gen 5s series D 7,000 3,000 ABerlin n'nnn 32% 55 M ACertificates of deposit Bush Terminal Co 1st 4s 22 V 3,000 con gu 5s ser Sale Sale 20 M Sale Sale 4,000 Gu iranteed gold 5s 6 Mar. 15 91 Mar. 1 97% Mar. 14 "97"' 92% Mar. 3 Mar. 13 95 Mar. 22 95 Sale 101% 103 100 Sale 59 M 58 M Sale 22M Sale 22 Sale 20 67 100M 53 M 53% 54% II* 110 Sale 75 lly> SS* Sale Sale Sale 103 Sale 25 fA* 72 80 100M 53 M s3M 54% 101 Sale Sale Sale 18 19 Sale 19 21 Sale 14M Sale Sale Sale irA Sale 48 50 40 Sale 39M Sale 46 Sale Mar. 30 Mar. Sale 19M Sale Mar. 31 9 Mar. 14 Mar. 1 Mar. 8 Mar. 31 Mar. 31 Mar. 31 24% Mar. 10 Mar. 31 Mar. 11 It* Sale 19 Mar. 31 17 M Sale 10% Sale IR* 50' Sale 17M Mar. 31 10M Mar. 31 10M Mar. 31 Sale Mar. 27 24 Mar. 10 23% Mar. 10 23% Mar. 10 14% Mar. 3 23 Mar. 24 I® Mar. 31 37 37 M Mar. 31 44* Sale Mar. 31 49 Sale 44 Sale 93 M 40 Sale II7M Sale 117% Sale 117% Mar. 132 Sale 131 Sale 131 Sale 90 M 90M Mar. 31 Sale 26 30% Jan. 26 42 Jan. 97% Jan. 16 27 97% Jan. 11 .06% Jan. 86% Jan. 87% Jan. 28 110 30 93 26 95 96 Mar. Ri* 97 99% Mar. 99% Mar. 1 9 Mar. 3 6 Mar. Mar. 15 97% Mar. 14 98% Mar. 13 23 96 25 103% 10 100% 25 111 Mar. 17 27 111 6 110% 110 Jan. 85 Mar. 24 86 89% Jan. 25 97 84% Mar. 31 89% Mar. 11 89 Mar. Jan. 99% Jan. 98% Jan. 109 Jan. 1 107% Jan. 63% Feb. 24 72% Mar. 28 Mar. 30 33% Jan. 12 28% Jan. 25 52 Jan. 25 64 103 Mar. 24 21 Jan. 72 Mar. 100 Jan. 48% Jan49 Jan. Mar. 28 Jan. Mar. Jan. 26 Mar. 16 Mar. 8 Mar. 9 ZA* 79 Mar. 10 72 Jan. 44 Mar. 11 37% Mar. 62 6 9 Mar. 14 105% Jan. 5 47% Jan. 16% Jan. 30 62 Mar. 10 24 24 Mar. 10 17 Jan. 24 23% Mar. 14 18% Jan. 18% Jan. 26 25 Jan. 24 16% Jan. 16% Jan. 24 24% 24% 23% 23% 23% 23% 14% 14% 55% 52% 16 26 Mar. 10 Mar. 10 Feb. 28 Feb. 28 Feb. 28 Mar. 10 Feb. Jan. 43 Jan. 9 33 Jan. 3 28 Mar. 9 34% Feb. 14 44 Mar. 4 38 4 52 Mar. Jan. 28 5 Mar. 16 Mar. 14 Mar. 14 1 8 Mar. 17 Mar. Mar. 14 23 11 Mar. 8 25 1 Mar. 1 72 25 102 Mar. 13 26 62% Mar. 10 26 Mar. 11 63 Mar. 16 Mar. 13 5 Mar. 13 Mar. 10 Feb. 7 91% Feb. 20 91 Jan. 24 Mar. 31 Mar. 31 3 Jan. 9 98 Jan. Mar. Mar. 52 103 M Mar. 31 106 Mar. 1 89 Sale 89 3 21 16% 10% 10% 44% 14% Mar. Sale 50% Sale 35 Mar. 11 37% Mar. Mar. 10 23% Mar. 14 24% Mar. 10 Mar. 20 86M 90% Mar. 9 Mar. 10 Mar. 9 Mar. 1 Mar. 14 101 Mar. 1 Mar. 31 62% Mar. 10 Mar. 31 Mar. 11 63 Mar. 31 Mar. 10 62 20 37 37 M 44 103 M 71 44 62 Mar. 24 104% Mar. 3 25 Mar. 1 72 106 47 M 85 2 Mar. 30 ZA* 79 8 19 Sale Sale Mar. 28 89% Mar. if* Sale 21M Sale 21% Sale 21M Sale Mar. 17 Mar. 1 103% Mar. 28 Mar. 29 100 Mar. 29 Mar. 1 111 Mar. 8 55M Mar. 31 Sale 22 19 Mar. 31 110 84 M Mar. 31 63 M Mar. 31 Sale 22M Mar. 20 109 M Mar. 18 111 Mar. 11 110% Mar. 17 110% Mar. 17 Mar. 24 Mar. 24 85 85 Mar. 16 93 M Mar. 1 97 Sale 22 M Sale Sale 44% Mar. 103% Mar. 31 108% Jan. 84% Feb. 20 98% Jan. 89 Feb. 11 101% Jan. 9 9 4 10 3 10 47 M 90 2 119 Mar. Mar. 28 133 Mar. 117% Jan. 129% Jan. 27 M A J A A J D M S MN A O F A J J MN Central of N J guar 5s_ General 4s 82 M MN MN J D MN F A F Mar. 21 26% Mar. 30 23% Mar. 11 27 Sale 25 29% 50 Sale Sale J 106% Sale 103 M Sale 75 78M 94 107 M 103 101M Sale 106% 106% 30 25 119 3 133 Mar. 17 Mar. 20 34 M 34 33 D 64 Mar. 2 108 Sale 107^ Mar. Sale" 71H Mar. 109 40 Mar. 45 Mar. 1 86 Mar, 31 92 Mar. 3 Sale 65 Sale 41% 50 M Sale 86 Sale 81 98 M 105% Sale Sale 40 96 M Sale Sale 93 M F 115 Sale 115M M 114M 122 M 80 M 98 M 112% 98% 91M 42 M 105 M 88 M Sale Sale 115 J M J J J J J MN J 7IK 69 M 38 M 50 118 D "88M Sale Sale Sale Sale Sale 60 106 M 90 55 89 M F A J D 14 18 M F A 31.M 39 1959 4s__ 1961 -.1987 1987 1962 1949 A-.1948 M S Champion Paper & Fibre— Sf deb 4 Ms (1935 issue) S f deb 4 Ms (1938 issue) 1950 M 5 1950 M S 12M Sale 6 Sale ll" ,2* 123 M 81M 98% l¥k* 99 % 93 40M 106 M 90 M 52 91M 12M 31M 9M 4% 4M 8 6M 103 72 1 lH 111 80 52 "4M 36 10% Sale Sale 10 1!* 110M it* 00 Sale 104 32 22 M Sale Sale Sale 22 Sale 109 Sale 115 Sale 115M 79% Sale 100 104 99 M 103 M 53 74 75 66 70 Sale 59 Sale 35 Feb. Mar. 13 Mar. 64 107% Jan. 70% Feb. 80 Mar, 31 Mar. 24 1 85 Mar. 6 Mar. 15 9 Mar. 15 Mar. 9 Mar. 6 Mar. 8 Jan. 5 Mar. 2 109% Jan. 20 1 82% Mar. 35 Jan. 45 Mar. Feb. 40 92 Mar. 80% Jan. 106% Jan. 103% Jan. 72% Jan. 93 Feb. 1 16 3 108% Jan. 31 Mar. 6 107 Mar. 15 85 Jan. 99% Mar. 4 108% Jan. 17 1057u Mar. 111% Jan. 33 Mar. 40% Mar. 9 8 1 32% Mar. 40 Mar. Mar. 9 Mar. 7 21* 95 31M 60 115M 116 79 % Sale 113 Mar. 11 30 40% Mar. 26 40 Mar. 25 10 9 Mar. 8 Feb. 28 75 Mar. 17 7 68 Jan. 68% Mar. 14 Jan. 7 75 45 39 Mar. 22 41 Mar. 30 38 Feb. 10 41 Jan. 51H 96% Mar. 3 55 Mar. 11 49 Jan. 25 55 Mar. 11 Mar. 27 Mar. 15 92 Jan. 3 Sale Sale Mar. 20 Mar. 1 Mar. 14 Mar. Mar. 8 9 Mar. 10 Mar. 3 Mar. 15 Mar. 16 Mar. 8 Mar. 9 Mar. 10 Mar. 2 Mar. 6 Mar. 9 Mar. 14 Mar. 7 Mar. 10 Mar. 1 Mar. 8 Sale 8 3M 3M 7 M Sale 3% Mar. 3% Mar. Sale 7 3 8% Feb. 28 Mar. 6 3 99% Mar. 27 1 90% Feb. 96% Jan. 10 114% Jan. 27 116% Mar. 14 Jan. 3 116%Mar. 114% 8 117% Jan. 26 120 Mar. 9 6 119% Mar. 10 118% Jan. 116% Jan. 30 118% Mar. 3 Jan. 3 116% Mar. 15 115 113% Jan. 27 115 % Mar. 16 122% Mar. 22 124 Feb. 7 77% Mar. 31 82% Jan. 21 3 100% Jan. 23 97% Jan. 112% Jan. 11 114% Feb. 20 96% Mar. 29 100% Jan. 20 87% Mar. 31 94% Mar. 9 40 Feb. 11 105 Jan. 20 107 87% Mar. 31 Feb. 27 52 43 Mar. 14 Feb. 9 92 Jan. 18 52 97 Feb. 27 9% Mar. 15 4% Mar. 6 4% Mar. 1 9 87 Jan. 27 16 Mar. 16 63 Jan. 25 19% Jan. 18 32 8 Feb. 10 32 Feb. 10 12% Jan. 6% Jan. 6% Jan. 3 6 7 3% Mar. 31 Mar. 31 3% Mar. 31 7% Feb. 10 10 Mar. 16 Jan. 5 5% Jan. 26 9% "4M 6 4% Mar . 16 4% Mar. 16 4% Mar. 8 Feb. 8 Jan. 16 Sale 97 Mar. 31 101 Mar. 7 97 Jan. 107 Jan. 5 68 65 Mar. 22 Mar. 20 65 Mar. 4 111% Mar. 10 104% Mar. 15 111% Jan. 20 3 39% Jan. 11 97 ioiM Sale ?i* Sale Sale Sale ■16 108 M 109 68 Sale 73% "52" 54 115 77 Sale 110% 103% 110% 25% 17 16 67 Mar. 22 111% Mar. 10 1 104% Mar. 15 Mar. Mar. 25 110% Mar. 25 68 Mar. 18 28 Mar. 6 Mar. 31 24 Mar. 9 17 16 Mar. 1 107 77% Mar. 10 9 72% Mar. 63% Mar. 11 68 67% Mar. 52 54 115% 115 Sale 77 7 Mar. 31 55 Mar. 3 Mar. 11 Mar. 28 115% Mar. 3 86 Mar. 11 Mar. 31 1101% Mar. 1101 103 Mar. 3 102% Mar. 13 6 102 Mar. 9 Mar. Mar. Mar. Feb. 115 Jan. 76% Feb. 1001 100! Feb. Jan. 6 Feb. 1 Jan. 15 77% Mar. 10 9 72% Mar. 63% Mar. 11 Jan. 52 Mar. 24 110 Jan. 65% Feb. 50 Jan. 28 Jan. 110% Mar. 25% Mar. 37% Mar. 11 Mar. 31 75 109% Jan. Mar. 31 108% Mar. 28 109% 60 101% 102% 101% 102 101% Sale 100 M 102 26% Jan. 25% Jan. 8% 6H 79% in Sale" 106M 74% Sale 67 M Sale 60 M Sale 54 67 M 39% 70 109% 110 105% Mar, 27 107 99% Sale 93% 96% Mar. 22 116% Sale 115% Sale 115 Sale Sale 115 114% Mar. 27 116% Sale 118% Mar. 31 120 118M Sale Sale 119M 119 118% Mar. 21 119% Mar. 7 118% 118M 117M 118% 118 Mar. 20 116% Sale 115 115M Sale Mar. 22 115% Sale 114 114% Sale 123 M 122 M Sale 122% Mar. 22 123% Sale Sale 78 77% Mar. 31 82 Mar. 20 Sale 98 98 M Sale 99% 113% Mar. 31 114% 113M Sale Sale 96 M Sale 96% Mar. 29 99% Sale 87 M Sale 87% Mar. 31 94% 45 4 37 43% 40% Mar. 43% 107 104 M 107 105% Mar. 28 107 Sale 92 87 M Sale 87% Mar. 31 Sale Mar. 1 52 52 55% Sale 1 "93 M Sale 97 91% Mar. 16 16 12M Sale 10 98 M 101 65 109% 103 M Sale" Sale" 5 15 11M ~~5% 104 102% 107% 39% 40% 37% 10% 6% Jan. 47 5 16 109 32 M 7 119 3 108 106 M Mar 1 Sale 98 Mar, 99% Mar. 4 1057« Mar, 13 105% Mar. 2 6 113 Mar. 112 H 112 Mar. 11 112 101% Jan. 97% Jan. 106% Jan. 40 98 M 105 Sale 115M 119% 1 Sale Sale 116M 82% Mar. 80 9 5M Mar. 13 95 107% Sale 107 M Sale Sale 106M 106M 106 Sale J Jan. Mar. 33 iiIH 23 53 Sale F 8 Mar. Sale Sale J 25 Mar. 29 Sale Sale A 31% 108% Feb. Jan. Jan. 56 33 115% 115M 114M Sale 118M Sale 118% 117% 24 6 1 Sale 1962 A 9 Mar. Mar. Mar. Sale 8 Sale Mar. 15 9 35 Sale Mar. 33 Sale 9 Mar. Sale AO Mar. 7 111% 108M MN Mar. 13 102% 107% 39% 40% 37% 107M Mar. 31^ Mar. Sale 27 Mar. 104 Mar. Sale 88 25 2 106 99 Sale Sale Feb. 21 9 77 M 40 7 Jan. 1 4 102^4 Mar. Sale Feb. 26% Jan. Mar. Sale 33 % 30 M Jan. 28 27 Mar. Sale 'g* 28 Jan. 27 Sale Sale 28 31 19 108 Sale Sale 20% Jan. 21% Jan. Mar. 106 106%, Mar. 14 26 H Mar. Sale Sale 107 41M "86" A f g 5Ms For footnotes see page 30. Mar. 15 21 35 A Through St L 1st s 27 25 24 38 M J F 1957 J July 1969 J Central N Y Powei 3 Ms. Cent Pac 1st ref guar g4s Prod ^SM MN 5s gen g 48 J 1951 X ACentral New Eng 1st 30 28 20 Sale MN AMacon & Nor Div 1st g 5s 1946 AMiddle Ga & Atl Div pur m 5s '47 AMobile Div 1st g 5s. 1946 Central Foundry 1st mtge 6s... 1941 M S mtge 26M 26 M 25% Mar. 25 28 28 106% 101M Sale 100 M Sale 106 M 28% Sale 28M Sale 27 M Sale 1960 A money g 4s 27% 25 M Sale 1945 MN 1959 A O pur 30 24 -1966 A - Mar. 95 96 42 28 gu g 4s 1954 Guaranteed 5s __1960 Central RR and Banking of Ga— MN 5s extended to May 1, 1942 3,000 1941 MN 26,000 Central Steel 1st sink fund 8s 47,000 93 1 Sale 27 M 340,000 '29,000 6 Mar. Sale AConsol gold 5s ARef & gen 5 Ms series B ARef & gen 5s series C 158,000 Certain-teed 3 Mar. Sale j~D 1941 M S 21,000 Cent Hudson G & E 1st & ref 3M-'65 M S 106,000 Cent 111 Elec & Gas 1st 5s 1951 F A 1,000 Central Illinois Light 3Ms 1966 55,000 149,000 60,000 55,000 357,000 Sale 72 Sale 1955 J A Canadian Nat gold 4 Ms Central 22 101 59 Sale D AChat Div. "7",000 Mar. 93 92 Sale' 102M 75 1952 A Consolidated 5s IBush Term Bldgs 1st 5s gu Calif-Oregon Power 4s_._ 194,000 Collateral trust g 5s 1954 138,000 Collateral trust 4Ms-_ 1960 3,000 I ACarolina Central 1st gu g 4s..1949 54,000 Caro Clinch & Ohio 6s ser A 1952 28,000 Carriers & Gen Corp deb 5s w w.1950 1.000 Carthage & Adir 1st gu g 4s 1981 75,000 Celotex Corp deb 4 Ms w w 1947 ACent Br Un Pac 1st g 4s 1948 X ACent of Ga Ry 1st g 5s__Nov 1945 1,000 107 Sale 102 102 1955 Guaranteed g 5s Oct 1969 Guaranteed g 5s 1970 Guar gold 4 Ms June 15 1955 Guaranteed gold 4 Ms 1956 Guaranteed gold 4 Ms 1951 Canadian Northern guar 6Ms.-.1946 Canadian Pac 4% deb stock Collateral trust gold 4 Ms 1946 67,000 5s equip trust ctfs 1944 30,000 38,000 49,000 Sale 93 110K 85 M 95 M 93 M Sale 84 M 86 M Sale 63 M 65 M Sale 72 76 77 M 64 67 68 M 41M Sale 40% 32 35 M Sale 55 M 56 M Sale 103 104 M Sale Sale gtd g 3 Ms 1943 City Electric deb 6%s_.1951 1959 ADeb sinking fund 6Ms ADebentures 6s Berlin Elec Elev & Undgrd Rys Canada Sou 107 89"" Mar. 18 Mar. 13 Mar. 10 Mar. 1 Sale Prices 104% Mar. 10 106 cons ■ Ynnn 98 Sale Sale 1996 MS 10,000 Alst 6Ms— 1956 158,000 Bethlehem Steel 4 Ms series D--1960 464,000 Cons mtge 3%s series E 1966 972,000 3 Ms s f conv debs 1952 5,000 Big Sandy Ry 1st mtge 4s 1944 661,000 Boston & Maine 1st 5s ser AC--1967 248,000 1st mortgage 5s series II 1955 312,000 1st g 4 Ms series JJ 1961 23,000 X ABoston & NY Air Line 1st gu 4s '55 48,000 Brooklyn City RR 1st 5s -1941 96,000 Bklyn Edison cons mtge 3 Ms 1966 1,992,000 Bklyn Manhattan Transit 4%s_1966 84,000 Bklyn Queens Co & Sub gtd 5s__1941 1st 5s stamped1941 216",660 Brooklyn Union El 1st 5s 1950 324,000 Brooklyn Union Gas Co 1st g 5s 1945 54,000 1st lien & ref 6s series A 1947 234,000 Debentures gold 5s 1950 182,000 1st lien & ref. 5s series B 1957 9,000 KBrown Shoe s f deb 3Ms. 1950 45,000 Buffalo Gen Elec 4 Ms ser B 1981 Buffalo Niagara Elec 3 Ms ser C-1967 187", 665 ABuff Roch & Pitts cons 4 Ms 1957 35,000 n Ann ACertificates of deposit 9.UU0 ABur] Ced Rap & Nor 1st 5S..1934 60,000 36,000 502,000 131,000 141,000 130,000 66,000 20,000 92,000 101,000 106,000 70,000 278,000 172,000 Sale 110 Sale 86,000 ACertificates of deposit Sale 1,031,000 AConvertible 434s 1960 F A 13 M 233,000 ACertificates of deposit Sale 71,000 MN PLE & W Va Sysref 4s 1941 Sale 20,000 Certificates of deposit Sale 258,000 ASo'western Div 1st mtge 5s1950 y~j Sale 121,000 ACertificates of deposit Sale 53,000 Toledo Cinn Div ref 4s A 1959 96,000 Bangor & Aroostook RR 1st 107% g 5s 1943 52,000 98% Sale Con ref mtge gold 4s 1951 100 102 68,000 4s stamped1951 40 45 Battle Creek & Sturgis gu 3s 1989 85 Beech Creek Exter. 1st g 3 Ms 1951 117% Sale 101,000 Bell Telephone of Pa 1st 5s B 1948 129 M Sale 29,000 First & ref 5s series C 1960 Belvidere Del 96 99% Mar. 14 99% Mar. 9 111M 110M Sale no* 78 71 2000 MS ACertificates of deposit ARef & gen 5s series F 1 2 Sale Sale ' 1995 Mar. 98M Mar. 110 Sale 27,000 Baldwin Loco Works 5s stpd 1940 MN 672,000 Bait & Ohio 1st mtge g 4s_July 1948 A O 315,000 Alst mtge g 5s July 1948 A O 107,000 ACertificates of deposit 524,000 37 96 112M Oct., 1952 MN Atlantic & Danville 1st g 4s 1948 J J Second 4s 1948 J ' Atl Gulf & WISS Line coll tr 5s_1959 J _._1995 J Sale 97 M Sale 95 26 Highest Sale Prices 2 98 M 98 89 3 Mar. 40 100 "93 M Sale Price Mar. 100M 103 J Sale Prices 104% Mar. 10 106 1 Lowest 21 110 L & N collat gold 4s ARef & gen 5s series A ACertificates of deposit ARef & gen 6s series C_. Ask Sale 101 92 1st 30-year 5s ser B 1944 J J Atl Coast L 1st cons 4s July 1952 M 5 General unified 4 %s series A. .1964 J D 10-year coll trust 5s—May 1 1945 MN 504,000 170,000 109% Sale Sale 95 Highest Sale 21 Sale 98 105 % RANGE SINCE JAN. Lowest Mar. 31 Ask Bid 105% Sale 25 M 30 M S J Trans-Cont Short Line 1st 4s gl958 J Cal-Ariz 1st & ref 4%s ser A. .1962 M S Atl Knox & No 1st g 5s_ 1946 J D Atl & Char Air Line 1st 105M Sale Atlantic Refining deb 3s 1953 M * 4,000 AAuburn Auto conv deb 4%s_1939 J 4,000 mstin & N W 1st g 5s guar 1941 J "3",000 PRICES IN MARCH Mar. 1 Bid $ 517,000 Anaconda Cop Min s f deb 4%s_1950 Anglo-Chilean Nitrate— 182,000 ASinking fund income deb 1967 60,000 tAnn Arbor 1st g 4s July 1995 1,000 Ark & Memp Bdge & Term 1st 5s '64 403,000 Armour & Co 4s s f ser B (Del)..1955 272,000 1st M s f 48 ser C (Del) 1957 Atcbinson Topeka & Santa Fe— 544,000 Gen g 4s 1995 1,000 iAdjustment g 4s July 1 1995 93,000 AStamped 4s July 1 1995 28,000 73,000 8,000 1,000 17,000 424,000 123,000 33,000 188,000 147,000 57,000 33,000 208,000 EXCHANGE-BONDS 14 55 Mar. 11 115% Feb. 14 86 3 27 Mar. 11 7 102% Mar. 13 Mar. 9 11 102 N. T. STOCK April, 1939] Sales in Value Jan. 3 1939 N. Y. STOCK EXCHANGE Bid 100,000 463,000 255,000 5,000 "Todo Chesapeake & Ohio Ry— 1992 M S General gold 454s — Ref & impt mtge 354» ser D_. 1996 MN Ref & impt mtge 354s ser E_. 1996 F A 1940 J Craig Valley 1st mtge g 5s— 1946 J Potts Creek Br 1st 4s— ,1989 J R & A Div 1st con g 4s ,1989 J 2d coil gold 4s— ... .1941 M S Springs Valley 1st g 5s. ,1949 A O — 200,000 AChic & Alt RR ref g 3s J1 Chic Burl & Q 111 Div 354®— .1949 J 216,000 Ask 118 96 11854 95 H .1949 J «/' ,1958 M S Illinois Division 4s. General 4s_——— series B 1st & ref 5s series A—----♦t AChic & E IU 1st cons g 6s— tAChic & E IU Ry g 5s ACertiflcates of deposit Chic & Erie 1st gold 5s _—... t AChic Gt Western 1st 50-yr 4s 1st & ref 454s .1977 .1971 .1934 .1951 105 5,000 t AChic Indianap & Louisv rf g 6s 1947 ARefunding gold 5s ser B 1947 9,000 ARefunding 4s series C— 1947 Alst & general 5s series A----1966 23,000 Alst & gen 6s series B—-May 1966 15,000 17,000 Chic Indiana & Sou 50-yr 4s—1956 Chic L S & Eastlst --r-lggg 136",000 t AChic Mil & St P gen g 4s ser A-1989 AGen g 3 54s series B— -May 1 1989 13,000 AGen 454s series C-—-May 1 1989 196,000 AGen g 4^s series E---May 1 1989 105,000 AGen 454s series F—May 1 1989 12,000 1,150,000 t AChic Mil St P & Pac mtg 5s ser A 75 AConv adj 5s Jan 1 2000 705,000 1987 54,000 t AChic & No West gen 354» F A 9554 A O 98 \VA J J 11",OOCi 45,000 J 100 Sale 90 Sale 14 Sale Sale 554 6354 Sale 69 M 28 28 il'i MN 1lH Sale Sale Sale Sale Sale Sale Sale MN AStpd non payt Fed inc tax-1987 MN AStpd gen 454 s non-pay inc taxl987 MN AGen 5s stpd non pay inc tax-1987 MN Sale Sale AGeneral 4s 1007 stamped 1987 *Al5-year secured 6^s_------193b Alst A ref g 5s -7-^^ 2037 & rci 454s stamped-May ref *73° Alst & ref 4^s .ser O May AZSti Alst a MN M S 2037 J O D D JLf 2037 j D J Sale 19 Sale 11M Sale Sale Sale 5M Sale 10 M 10 M r eD 1 leao t 4454 48 1854 Sale 198,000 J AChic R I & Pacific gen g 4s—1988 j ACertiflcates of deposit 16 M 47 12,000 ♦ARefunding gold 4s—— 1934 A o 8M Sale 175,000 AOertificates of deposit ----754 Sale 69,000 *ASec gold 454s series A 1952 M s 854 Sale 78,000 9 ACertiflcates of deposit — 8 13,000 Sale 4 AConvertible gold 454s 93,000 Jj^yMN 78 Chic S L & N O gold 5s. ---1951 j D 74 2,000 Gold 354s --June 15 1951 j D 63M 60 Sale Memphis Div 1st 4s—------1951 j D 5654 Sale 21,000 Chic T H & S'east 1st & ref 5s--1960 j D Income guar 5s— 45 Dec 1 1960 g 4954 27,000 Chicago Union Station— . Guaranteed 4s—— 23,000 "iHlf A O 10454 105 M Sale 1st mtge 4s series D-—-1963 j j 107 91,000 1st mtge 354s series E —-1963 j j 105 M Sale 157,000 354s guaranteed-------1951 ^ 3 10154 Sale 136,000 8854 Sale 407,000 Chicago & Western Indiana 4s—1952 j j 89 1st & ref mtge 454» ser D 1962 jyj 5 88 260,000 Childs Co deb 5s— 1943 A 0 7554 78 M 53,000 13 M 1154 5,000 lAChoc Okl & Gulf consol 5s—1952 29,000 Cine Gas & Elec 1st mtge 3548-1966 F A 10854 10854 1st mtge 354s------~5,000 }o?o«^ D 11054 11154 1942 MN 10054 101M 5,000 Cln Leb & N 1st con gu g 4s Cincinnati Union Terminal list mtge g 5s series C guar-1957 MN 108 H Sale 29,000 --- , 1st mtge guar 354s series D—1971 1,000 Clearfield & Mahon 1st gtd g 58-1943 1993 137,000 C C C & St L gen g 4s— General 5s series B——-----1993 1,000 15,000 248,000 39",000 3,000 mN j j j D j E 1977 j j 4s—---1991 j j St Louis Div 1st coll trust g 4s. 1990 M N Spring & Col Div 1st g 4s 1940 m s Ref & impt 454s series Cin W & M Div 1st g 1940 116",000 Cleve Elec IUum 1st M 3548-—1965 Clev & Pitts gen gu 454s ser B—1942 W W Val Div 1st g 4s— 1942 1942 Series B gu 3 Mis Series A gu 4Ms-- j j j j 76,000 211,000 782,000 90,000 737,000 3,000 2,000 105,000 217,000 318,000 88,000 292,000 41,000 190,000 1,942,000 Series C gu Series D gu 254s debentures —1942 j ^Commercial Invest Tr deb 3 Msl951 j Commonwealth Edison Co— q o o d A d j 1981 M S 1965 A o I——---1968 j 1st mtge g 4s series F 1st mtge 354s series H-— 1958 j ^ 2,000 Conn & Passum Rivs 1st g 4s—-1943 A o 1951 j j Lt 1st g 4Ms Stamped guar 4Ms----------1951 26,000 Conn River Power s f 354s A---1961 173,000 Consol Edison (N Y) deb 3548-^1946 3 Ms debentures 1948 409,000 3 Ms debentures— 1956 78,000 3 Ms debentures 1958 164,000 "6", 000 AConsol Hydro-Elec 60 6954 96 10754 10954 j j F A A o A o A O J J 98 M Sale Prices Sale Prices 12154 Mar. 22 12454 9754 Mar. 31 100 Sale 9854 Mar 20 9954 109 M 10454 Mar. 16 10454 . Highest .1. I Sals Prices Mar. 14 11854 Jan. 4112454 Mar. 14 Mar. 10 "100 3 96 Jan. Mar. 10 9554 Jan. 3 9954 Mar. 13 Mar. 13 Jan. 17 Mar. 16 10454 Mar. 16 105 85 8854 Sale 78 M Sale Sale 74 10654 10254 103 6054 Sale 43 M Sale 9454 Sale 94 Sale 93 109 109 Sale 10954 110 104 Sale 103 106 M Sale 108 108 108 Sale Sale Sale Sale 10954 Sale 9854 10954 10854 109 M 109 10554 10554 10654 Sale 10554 Sale 105 M Sale 117M 117M Mar. 15 11754 Mar. 15 108 "ii 54 Sale 9954 Sale 103 —- W* 90 9754 10 Sale 93 Sale 22 96 9 & 26 2854 IIH Sale 96 100 14 86 M 17 85 Sale 1054 1354 '"554 70 If Sale 254 354 13 13,, liH It* 'an 1454 1454 12 17 1554 16 M 16 18 Sale 5054 1554 1454 7M 754 754 17 10 Mar. 18 Sale 1454 28 II* '"354 Mar "31 "454 Mar. 10 Mar. 31 4 Jan. 14 11754 Mar. 15 Feb. 24 10454 Feb. 21 111 114 454 Mar. 75 Mar. 2 Mar. 6 2154 Mar. 31 24M Mar. 22 23 2354 Mar. 31 25 Sale 28 Mar. 31 Mar. 1 9 Mar. 2 2654 Mar. 14 29 Mar. 14 29 Mar. 11 2854 Mar. 13 1054 Mar. 9 354 Mar. 1 28 Sale 754 Mar. 31 254 Mar. 31 1154 Mar. 31 Sale 12 Mar. 31 1554 Mar. 13 13 13 Mar. 22 14 Sale Sale 7 Sale 9 Sale 1254 Sale 14 654 Sale 554 Sale 6M Sale Sale Sale Sale 3 54 83 M 58 M 49 6 3 6954 6254 t* 4654 Sale Sale 8954 ??* Sale 13 Sale" 10954 14 Mar. 2 Mar. 30 25 10354 Mar. 6 Mar. 8 22 100 23 9454 Mar. 19 Jan. 26 9954 Mar. 10 1 100 Jan. 4 97 Feb. 3 1454 Mar. 31 2254 Jan. Jan. 6 21 14 Mar. 31 8154 Jan. 26 8654 Mar. 10 17 Mar. 31 2454 Jan. 4 10 Mar. 18 Jan. 23 954 Feb. 17 1154 Jan. 12 354 Feb. 24 76 Sale 110 11* Jan. Jan. Mar. 31 6 5 75 Feb. 14 111 2154 Mar. 31 2254 Jan. 30 27 29 22 54 Jan. 26 2254 Jan. 28 29 4 12 3 Jan. 4 9 14 5 Feb. 28 3 2 Mar. Mar. 17 14 8 Mar. 754 Mar. 354 Mar. 21 8354 Mar. 10 _ ?§* Jan. Jan. 16* Jan. Jan. \%H Jan. Jan, 13* Jan. 20 3 7554 Feb- 17 Mar. 15 104 2 107 Mar. 27 Mar. 16 Mar. 13 Mar. 15 Mar. 11 Mar. 31 Mar. 3 7 Feb. 23 Feb. 43 Jan. 16 Jan. 3 Feb. 3 Jan. 26 Jan. Jan. 10554 Jan. 10054 Jan. 8754 Jan. 88 70 13 3 3 3 3 4 3 1254 Jan. 11 11 Jan. Jan. 554 Jan. Jan. 11 1854 Jan. 1654 Jan. 4 10 4 5 5 9 57 Jan. 854 Jan. 954 Jan. 6 3 Jan. 554 Mar. 31 654 Mar, 31 Mar. 28 Mar. 22 Mar. 1 Mar. 6 Mar. 31 Mar. 3 Mar. 30 Mar. 31 30 Mar. 13 9 6054 Mar. 22 5054 Mar. 17 90 Jan. Mar. 14 Mar. 11 654 Mar. 29 754 Mar. 7 Mar. Mar. 30 4754 Jan. 6 1254 Mar. 31 Mar. Mar. 5854 Mar. Mar. 22 75 13 14 22 754 Mar. 31 7 Mar. 31 754 Mar. 29 354 Mar. 31 54 93 31 1554 Mar. 31 60 10654 10854 10754 10254 Mar. Feb. Mar. Mar. Mar. 14 Mar. 2 Mar. 3 Mar. 1 954 954 954 454 2 47 Mar. 31 Mar. 31 Mar. 31 9 15 80 30 Mar. 16 Mar. 30 12 Jan. 13 Mar. 29 6 2354 754 254 1154 14 13 1254 Mar. 31 654 Mar. 29 554 Mar. 31 654 Mar. 31 Feb. Jan. 2 18 14 Mar. 9 1554 Mar. 31 754 Mar. 31 7 Mar. 31 754 Mar. 29 354 Mar. 31 3 Jan. 6654 Jan. 65 4954 5 Mar. 31 1454 Jan. 28 10054 Mar. 11 Jan. Jan. Mar. Feb. Mar. 1754 Mar. 81 70 11154 10254 IS?* 10 9754 10154 9654 8954 9454 11 70 Sale 10654 106 M 10654 10654 109f 4 10954 10954 109 10754 Sale 10754 108 Sale 103 10454 Sale Sale 90 9i54 Sale Sale 93 9154 109 954 Mar. 31 1254 Mar. 11 13 Mar. 23 47 M 60 Sale 6254 "76" 57 9 17 8 66 M 4654 Mar. 3 Mar. Mar. 31 754 754 A* 76 Mar. 16 85 14 M 454 Sale Mar. 10 Sale 754 Sale Sale 8 Mar. 14 1954 Mar. 9 8654 Mar. 10 2354 Mar. 9 1354 Sale 16M "1554" 9M 9 IS* Mar. Mar. 31 Sale 2854 Sale 6 14 90 # 28 Mar. Sale 1U54 "29"" 2154 Sale Sale Mar. 16 100 Mar. 13 Mar. 11 21 Sale 5M 73 Mar. 31 1254 Mar. 1 10054 Mar. 20 10354 Mar. 22 100 Mar. 31 9454 Mar. 31 9954 14M Mar. 31 954 Sale 13 7M 354 Sale 1054 Sale 28 10 99M 10254 9654 8954 9654 101 14 M Sale Sale 1054 754 454 454 65 Sale 8954 Sale 100 19 Sale 9954 Sale Sale 102 M 98 Sale 8 Jan. 5 454 Jan. 8354 Mar. 10 65 Jan. 16 6354 Feb. 17 7054 Mar. 22 5054 Mar. 17 25 107 3110954 Mar. 15 Feb. 17 I7H0854 Mar. 27 510454 Mar. 16 26 Jan. 16 Jan. 26 Mar. 31 97 Mar. 13 9654 Mar. 15 79 15 Feb. 9 Feb. 10 10854 Mar. 14 11054 Jan. 26 Mar. 10 11054 Jan. 10 11154 Jan. 24 Feb. 10 Mar. 28 10054 Jan. 4 103 10854 Mar. 14 11154 Mar . 10 10254 Mar. 14 3 Sale 105»»» 10554 10554 Mar. 24 105% Mar. 1 10554 Mar. 24 10854 Jan. 1 10954 Mar. 14 10954 10854 Sale 10854 Mar. 22 10954 Mar. 14 10754 Feb. Mar. 8 8 63 8 63 Mar. 63 Mar. 8 75 63 Mar. 65 55 42 Jan. 4 77 1 68 Feb. 28 Sale 70 Mar. 76 Mar. 9 Sale 72 Mar. 10 85 Mar. 10 77 Jan. 23 90 85 Mar. 10 85 85 7754 6354 Mar. 11 52 Mar. 31 63 54 Mar. 11 52 Mar. 31 "52"" Sale 5954 Sale 5 5754 Mar. 28 69 59 5654 Jan. 69 Mar. 8 20 70 69 70 Mar. 8 67 Mar. 65 6354 Feb. 63 M 6454 Mar. 8 4 99 96 Jan. 99 Mar. 8 98 Mar. 9954 10054 9954 . "88"" 10954 10954 10954 Mar. 27 11154 Mar. 13 84 109 10654 10354 10654 10854 10554 108 10454 107 106 76 108 105 81 85 73 100 Sale 8854 Sale Sale 87 90 9354 9354 10954 Sale 106 M 10654 104 M j o --1970A o A-1980 MN Columbia Gas & Elec deb 5s--—1952 m N Debenture 5s —Apr 15 1952 A o Debenture 5s —Jan 15 1961 jr j Columbia & Hock Val 1st ext g 4s 48 A q Columbus & Toledo 1st ext 4s—1955 p A Columbus Ry Pow & Lt 4s -—1965 m N Commercial Credit debt 354s--1951 A o Conn Ry & Sale 88 Sale 96 88"" q 0 j MN p A p A a5s income mtge Colorado & Southern 4 Ms ser 1st mtge 3 Ms series Conv deb 3 Ms. 65 A A j 3 Ms 1948 3Ms—— 1950 General 4 Ms series A— — — -1977 Gen & ref mtge 4 Ms series B-1981 j 56,000 Clev Short Line 1st gu 4Ms— -1961 A 175,000 Clev Union Term 1st gu 5Ms A-1972 A 1st s f g 5s series B guar 1973 A 374,000 1st s f 4Ms series C-1977 A 253,000 Coal Riv Ry 1st gu 4s - — -1945 jColo Fuel & Iron Co gen s f 5s.-1943 p '"26",000 8,000 10754 Sale 37 76 77 60 55 62 Lowest Sale Prices 10954 111 111 26M Highest 9754 Sale Sale 1854 Sale J J 121 Sale Sale 108 109 M Sale Sale Sale Sale Sale Sale Sale Sale AGeneral 454s 30,000 40,000 46,000 105,000 473,000 n ion MN -- 84,000 13M 98M 99 92 M J 99 Ask 11554 117 M 109 104 A 1982 MN .1959 M S 12354 9854 Ask Bid RANGE SINCE JAN. 1 Lowest 109 11154 F MN Sale Bid 10454 105 M Warm 234,000 521,000 103,000 203,000 3,000 359,000 96,000 13,000 393,000 Sale Mar. 31 Mar 23 . PRICES IN MARCH Price BONDS March EXCHANGE-BONDS 79 Sale Sale 7554 Sale 10654 10354 104"" 10354 104 57 5954 6254 Sale 40 Sale 43 54 Sale 10054 Sale 10154 Sale 10154 Sale 10054 Sale 10054 Sale 10154 Sale 112 Sale 109 10754 Mar. 7 10754 Mar." 17 Mar, 8 6 104 7 6554 Mar. 14 Mar, 10 47 Mar. Mar. 112 Mar. 20 112 Mar. 18 Mar. 18 10254 Mar Mar. 31 10254 Mar Mar. 18 10254 Mar 9 Mar 20 18 10954 10854 Sale 1C354 104 10254 Sale 10654 10654 11154 Mar. 18 11154 Mar 1 10854 Mar 10854 Mar. Mar 2 105 103 54 Mar. Mar 102 54 Mar. 30 103 10254 Sale 103"i210354 1031#«Mar. 23 10654 Mar 10654 Sale 10954 Sale 10854 Sale in 54 Sale 9854 8554 11154 10854 10954 10954 10654 107 10854 Sale 10954 Sale 10754 Sale . 7 8 10954 10854 Sale 18 104 Sale 27 9 ill"54 4 Jan. Jan. Feb. Jan. Feb. 1C3 Jan. 10254 Mar. 1031#«Mar. 9254 10954 10954 10754 3 3 3 24 25 1 10254 Mar. 10254 Mar. 10254 Mar. 9 7 8 Mar. 20 11154 Mar. 18 11054 Jan. 25 112 Mar. 24 25 105 30 10354 Jan. 12 23 107 iJan. 7 6 10854 Feb. 15 10 11054 Mar. 10 27 10954 Mar. 7 Mar. 31 11154 Feb. 25 Mar. 16 8954 Mar. 16 Jan. 23 112)4 Feb. 18 Jan. Jan. Mar. 27 Feb. 11 109 Mar. 11 109 Jan. 2 105 Jan. 13 11054 Mar. 11 31 10654 Jan. 11 25 10754 Mar. 30 Mar 106 Sale 10654 10754 10754 Sale Sale 10654 10554 Sale Sale 10854 10954 10554 10654 10554 Sale 106 Sale 106 20 54 1G454 2454 2054 Mar. 23 2254 Mar. 24 54 2054 Sale 10354 Sale 10354 Mar. 7 10454 Mar. 1054 Mar. 1054 Mar. 18 9 54 1354 1 354 1054 Mar. 954 Mar. 30 954 13 13 11054 10654 10754 10754 31 10754 58 39 Jan. 92 54 Jan. 94 Jan. Mar. 11 85 7954 Mar. 13 7 7 10654 Jan. Feb. 14 5 104 27 65* Mar. 14 Mar. 10 27 27 Mar. 2 Mar 4 Mar 9 Mar Mar 22 Mar 31 109 1065% Jan. 10254 Jan. 1075% 10754 8954 11054 10854 Sale iio"54 8954 Mar. 11 9154 Mar. 13 26 1075 Mar. 6 10754 Mar. 27 Mar. 31 11054 Mar. 10 1 10954 Mar. 7 Mar. Mar. 31 11154 Mar. 11 Mar. 16 8954 Mar. 16 106 110 12 25 Jan. Jan. 106 106 10854 10854 10754 8954 11554 10854 Feb. 28 Feb. 28 108 Feb. 9 10754 Mar. 17 Jan. 75 70 ----- 10354 5954 3954 9954 10054 9954 Jan. 24 90 24 4 11154 Mar. 13 8654 Jan. 82 8954 Mar. 9154 Mar. 85 Mar. 7954 Mar. 8354 Mar. 8654 Mar. 7854 Mar. 73 Mar. Jan. Jan. 10654 Feb. 24 10654 Feb. 24 Mar. Mar. 30 Mar. 10 10654 Feb. Mar. 10554 Jan. 4 105 Jan. Mar. 27 Feb. 28 26 108 27 10754 Mar. 4 Wks of Upper Wuerttemberg 1st 7s—-----1956 12,000 282,000 Consolidated Oil conv deb 3MS-1951 10,000 t iConsolidated Ry deb 4s——1954 ADebentures 4s J&J 1955 20,000 ADebenture 4s A&O 1955 ADebenture 4s 1956 "4,666 1960 22,000 Consolidation Coal s f 5s j j J d J j j j A O J J J J 22 24 5i 10354 Sale 1354 16 13 54 2954 1354 1354 20 50 58 10 54 1054 1054 1054 4654 15 50 954 954 45 1954 Feb. 2 2254 Mar. 1025% Jan. 27 10454 Jan. 10 Jan. "25 1054 Mar. 954 Mar. 30 1354 Jan. 7 5 8 9 ----- 15 5154 954 Mar. 30 Mar. 30 45 1054 Mar. Mar. 52 954 Mar. 30 4454 Feb. 21 12 52 Jan. Jan. 19 10 Consumers Power Co— 38,000 35,000 61,000 110,000 268,000 1st lien & unif mtge 1st lien A unif mtge 1st mtge 3 Ms mtge 3Ms1st mtge 3 Ms 1st For footnotes, 354s 1965 MN 3Ms— —1965 MN 1967 M N 1970 MN 1966 M N - - see page - 30. 107M 108 107 M Sale 108 Sale 108M Sale 10454 Sale 10954 Sale 10754 Sale 10854 109 10954 Sale 10454 Sale 10954 ----- 1 10954 Mar. 1 10854 Mar. 109 Mar. 3 10954 Mar. 10854 Mar. 24 11054 Mar, 10454 Mar. 1 10554 Mar. 10954 Mar. 10854 10754 Mar. 10954 Sale 109 Sale 10554 Sale 1075% Jan. 1065% Jan. 10754 Jan. 108 Jan. 10354 Jan. 10954 10854 10954 11054 10554 Mar. 18 Mar. 8 Mar. 10 Mar. 4 Mar. 17 24 N. Y. STOCK Sales in If March BONDS Value N; Y. STOCK EXCHANGE Bid ' s f deb 3 Ms 69,000 Crown Cork & Seal s f 4s 152,000 Cuba Northern Rys 1st 5 Ms 68,000 Cuba RR 1st 50-yr g 5s 34,000 7Ms series A extended to 1,000 6s series B extended to 1951 J D 104 D 100 D 108% 105 104 M 33% 38M D 1950 MN J D J J J D 1946 J D 1942 1952 1946 35,000 Dayton Pr & Lt 1st & ref 3MS--1960 1,262,000 Del & Hud 1st & ref 4s_ 1943 36,000 Delaware Pr & Lt 1st M 4%s-__1971 20,000 1st & ref 4 Ms 1969 16,000 1st mtge gold 4Ms_ 1969 • - 4%s_1947 Sale 106 104 M Sale Bid 105 99 M Sale 108 M Sale 104 104 M 105 M Sale J Mar. 31 109 34 Mar. 10 103M Mar. 24 104% Mar. 11 Mar. 15 105% Mar. 1 105 Sale 33 36M Mar. 25 44 46 44 Sale 43 39 M Sale 31M 36 36 107 % 101 104% 107 Sale 106 M 106 M 106 M 106 M J 15M Sale J J Sale F A 14 % 6 A O 5M 9M J J 3% 22 Sale Sale Sale 4% 108 M 106 M 107 M 106M 106 12M 11% 4M 4M 8M 4M 39 M 38 40 38 108M 108M 58M Sale 108 M 108M Sale 105M 106 Sale 107 % 107M Sale 106% 107% 105M Sale 106M Sale 105M Sale 9K Sale 9M 13 % 11 12M 9M 4 Sale 5M 3M Sale 3M Sale 3M 6M Sale 8M 6M Sale 59 3M 5M 25 33 33 M Sale 4M Mar. 29 Mar. 18 Mar. 9 Mar. 11 Sale Prices |103% Jan. 11 105% Mar. 14 4 100 Jan. 3 Mar. 31 109% Jan. 7 98% Feb. 107 103% Mar. 24 105% Jan. 6 106% Feb. 104% Jan. 12 37 40% Mar. 4 45% Mar. 10 36 39 Jan. 27 Jan. 26 40% Mar. 4 45% Mar. 10 38 34 Feb. 20 Mar. 9 8 108% Jan. Mar. 9 8 56 108 Jan. Mar. Jan. 109 106^ Mar. 8 104% 106% 105% 105% 9% Jan. Jan. Feb. Feb. Mar. 109 108 Mar. 21 107% Mar. 29 107 Mar. 1 13% Mar. 10 12% Mar. 14 Mar. 5 Mar. Mar. Mar. 11 Mar. 11 Mar. 9 8 Mar. 8 106% Mar. 8 108 9 Mar. 21 107% Mar. 29 107 15% 14% 6% 5% 10% Jan. 9 3% Mar. 3% Mar. 6% Mar. 5% Mar. 2 3 % Jan. 1 38 Mar. 11 110% Mar. 70% Mar. 4% Mar. 8H Mar. 2 10 18 31% Jan. 110% Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 5M Mar. 37 1 Highest Sale Prices I 107 Sale 33 J M S Sale Sale 36 64 M J Sale Prices 41 109 M J 107 103 M 105M Sale Prices SINCE JAN. Lowest 104M Mar. 14 105H Mar. 14 98M Mar. 20 100 Mar. 8 Sale Sale 34 M Sale J Ask Highest 38 Sale J 104 M 99 RANGE Lowest Sale 63 J % Ask Bid 104 109 . 162,000 t*ADen & Rio Gr 1st cons g 4s__1936 23,000 ♦iConsol gold 4Ms 1936 73,000 t ADenv & R Gr West gen 5s Aug 1955 50,000 iAssented (subject to plan) 127,000 ARef & imp mtgej>s ser B 1978 J ADes Moines & Ft D 1st gu g 4s 1935 10,000 Certificates of deposit Ask Sale Sale O A Mar. 31 Mar.1 MN 20,000 Denver Gas & El 1st & ref 5s—1951 MN 36,000 MN Stamped as to Pa tax tADes Plaines Val 1st guar Edison— Gen & ref 4Ms series D PRICES IN MARCH fir* ■■ 1939 17,000 Container Corp of Am 1st s f g 6s 1946 J 69,000 Deb gold 5s —1943 J 798,000 Continental Oil conv deb 2%s__1948 J 41,000 Crane Co EXCHANGE-BONDS 4 Mar. 1 Jan. Jan. Jan. Jan. Jan. 5% Mar. 23 M 2 Detroit 90,000 1961 F A Gen & ref mtge 4s series F—1965 mtge 3 Ms series G-1966 ADetroit & Mack 1st lien g 4s—1995 ASecond gold 4s___ 1995 107,000 Detroit Term & Tun 1st gu 4Ms 1961 A O Gen & ref M S 90,000 12,000 20,000 Dow Chemical deb 3s Duluth Missabe & D 45 J D 20 55 59 97% 99 M MN D 6,000 Eastern Ry M No Div 1st g 4s_1948 18,000 Eastern Tenn Va & Ga 1st g 5s_1956 4,000 Ed El 111 N Y 1st cons g 5s 1995 171,000 Electric Auto Lite conv deb 4s__1952 •7,000 Elgin Jol & East 1st g 5s. 1941 1,000 El Paso & S W 1st & ref 5s 1965 5s stamped 1965 Erie & Pittsb gen gu g 3 Ms ser Series C 3 Ms. B 1940 1940 17Y.666 J AErie RR 1st con & prior lien 4s 1996 217,000 Alst consol gen lien 4s 1996 A O M N J F 26,000 477,000 65",000 294,000 194,000 5.000 423,000 4,000 7,000 3,000 Sale 90 105M 142 140 Sale 107 107 107 M 107M 58 75 105M 106M 50 75 O 50 95M J J 102 J 41 O A J J f 6s f 5s stamped 1942 M S 1942 M S 1954 J D Firestone Tire & Rubber 3 Ms.-1948 A O J tAFla Cent & Peninsular 5s 1943 J jFla East Coast 1st 4Ms 1959 J D Alst & ref 5s series A 1974 M S ACertificates of deposit *t AFonda Johns & Glov ref 4 Ms 1952 Proof of claim filed by owner. MN *A(Amended) 1st cons 2-4s—1982 Proof of claim filed by owner___ MN ACertificates of deposit Fort St U D Co 1st g 4 Ms 1941 j'j Francisco Sugar coll trust 6s 1956 MN 1949 7 D " _ 2"O~,666 ... 23 14 Sale 42 M Sale 41 43 M 94 85 50 "77 M 104"" 100 M 95 87 % 38 9% 9% 1 % 102 40 45 J 59 D 57 M 61 MN 57 M 59 85 23 42 Jan. 20 9 4 106 65 Jan. 9% Mar. 10 Sale 44 M 91 78 70 12% Mar. 12% Mar. 43% Mar. 4334 Mar. 87 'Mar. Mar. 46 Mar. 22% Mar. 1 22 5 21% Jan. 18% Feb. 28 Mar. Feb. Jan. 5 14 Jan. 14 Jan. 3 3 Feb. 46% Jan. 9 8 40 Jan. 45 Jan. 6 Mar. 10 87 Mar. 90 Feb. 24 70 Mar. 20 Mar. 104 6 103% Mar. 4 98% Mar. 2 104% Mar. 29 Jan. 100% Jan. 98 Jan. 100% Jan. 102% Jan. 87% Jan. 102% Jan. Feb. 10 76 3 106 Mar. 6 5 101% Mar. 17 11 100 Feb. 7 102 Mar. 20 103% Mar. 4 6 4 10 40 Sale 62 Mar. 65% Mar. 14 Sale 6M Sale 634 Mar. 9 Mar. 1 Sale 6M Sale 6% Mar. 8% Mar. 1 17% Jan. 6 Mar. 15 Mar. 38 63 48 9% Mar. 98 M 97 34 Mar. Sale 10334 Mar. Sale Jan. 10 101% Mar. 17 Mar. Mar. 14 41 6' 96 M 103 M 100 106 65 6 103% Mar. 17% Mar. 75% Mar. 105 M 104% Mar. 101% Mar. 20 27 109% Mar. 10 20 107% Mar. 10 Mar. 14 103% Mar. Feb. 28 105 Feb. 27 10 92% Mar. 11 23 142Mar; 8 Mar. 10 44% Mar. 87 26 106% Jan. 18 Mar. 14 2 19 26 112 15 18 Mar. 30 8M 8M Feb. 105% Jan. 19 Mar. Mar. Jan. 2 98% Mar. 25 104% Jan. 21 20 Jan. 20 40 62 Jan. 24 6% Mar. 31 6% Mar. 31 65% Mar. 14 Jan. 4 9% Jan. 3 10 17K 1 1M 2M M 1M 1% 100M 102 101M 40 M 42 2M 1 % Mar. 30 4M 1% Mar. 8 Sale Mar. 101% Mar. 18 102 3 45 40% Mar. 15 42% Mar, 4 65 125 123 M Sale 103 103M 104 100% 101M 100 M Sale 100% 52 M 53 M 53 52% 56 M 60 60 52 M 53 M 58 51 103 Sale 104 100 D Sale 100M Sale 99 34 Sale 86 M 100M Sale 100% 8534 90 Sale 46 85 85 103 M 104 106M 72 M 63 M 74 70 79M 75 Sale Sale 83 M Sale Sale 86 M 74 M Sale J Feb 54 M 60 Feb 7M 75 Sale 80 M 1 % Mar. 8 1 % Mar. 30 Feb. 24 100% Feb. 17 102 40 Jan. 17 43% Feb. 8 Sale Sale "83 " 105 76% Sale 76 M 49 M 79 60 7 7M 6M 79 M 79 M 79 Sale Sale Sale Sale Sale 1 104 Mar. 13 102% Jan. 99% Feb. Mar. 20 53% Mar. 3 Jan. 31 105 11 104% Jan. 4 Jan. 31 Jan. 5 55% Feb; Mar. 24 102% Mar. 10 Mar 2 53% Mar. 6 8 62% Jan. 59% Jan. 18 6 50 45 Jan. 28 59 6 Mar. 16 105 Mar. 31 106% Mar. 14 100% Mar. 31 71% Mar. Mar. Mar. 13 Mar. 31 14 Mar. 13 Mar. 31 16 Jan. 14 Mar. 30 15% Mar. 42% Mar. 14 Mar. 30 18 Jan. 6 39% Mar. 24 45 Jan. 11 103% 105% 100% 58% 39% Mar. 24 Mar. 103% 105% 100% 57% 99% Mar. 31 102% Mar. 14 Mar. 29 99% Mar. 22 101 90 Mar. 1 85% Mar. 31 105% 106% Mar. Sale 77 104 92 Sale 83 98 M 88 17 M 48 Mar. Feb. 17 107% Jan. 11 Mar. 31 107% Feb. 7 Jan. 3 101% Feb 4 71 % Mar. Jan. 27 9 5 99% Mar. 31 102% Mar. 14 99 Jan. 84% Jan. 26 101 4 Mar. 29 90% Feb. 6 50 Sale 104M 96 % 91M Sale 105M Sale Sale 100 101M "59 ji Sale Sale Sale 15 % D 9434 105 Sale 1 106% Mar. 74% Mar. 23 74 103 Mar. 23 Mar. 1 103% Jan. 80 Mar. 15 77 Mar. 73% Jan. 64% Jan. 8 105% Mar. 4 101% Mar. 11 94% Mar. 90 89% Mar. 94 85% 83 89% Mar. 11 89% Mar. 10 81 Sale 94% 86% Sale 70 55 7 Sale 75% 60 Sale 81 Mar. Mar. 94% Mar. 103% Mar. 14 94 Jan. 7 4 94 27 30 89% Mar. 11 89% Mar. 10 26 103% Mar. 11 Mar. 10 94 3u Feb. 3 77% Feb. 21 7 Mar. 7% Mar. 11 Mar. 14 14 Jan. 78% Jan. 94 81% Mar. 10 20 79 83% Jan. 68% Jan. 94 1 25 87% Feb. Mar. 10 Mar. Mar. 80% Feb. 78 Feb. 24 105% Mar. 4 26 101% Mar. 11 Mar. 11 86 76 8 100% Jan. 4 106% Mar. 6 Jan. 28 81% Mar. 10 7% Jan. 5 103 70 67 M 70 75 100 O 93 M O 107 M 105 M Sale Sale 36 J 19 100 J J 19% Mar. 22% Mar. Mar. 102 62 85% Feb. 139 43 Mar. J J 15 Mar. 101% Mar. 35 J 48 103 42 M J 6 Sale 40 M 82 M 98 M 6 103 34 Mar. 45y* Mar. 19H Mar. 17X Mar. Sale 100 45 J Mar. 14 101M 102 42 87 M 82 M 8 103 O J Mar. 97 M 101% 102 104M 95M 98M 103% Sale 103 % A J J Jan. 101H 13 101M 97 M 103 104 M I7M 65 Sale trA 52 M 70 15 O 30. 90 -;r 17 1937 MN page 44 M 44 21M 1944 A see Sale 15M J Mar. : 1 23 Sale 15 M J Footnotes; 23 J 25 17 H Sale J D Jan. 10934 Mar. 10 107% Mar. 10 65 Jan. 12% Feb. 110 9234 Mar. 11 142 105 9 105M 106 101 J 5s.. Sale 66 M 13 M J 47 Sale Sale Sale 1949 J 1999 J g Sale 40 19M 14M 101 64 84 88H Mar. Mar. 14 102 46 15 52 M 75 Mar. 95 M 103 M 103 H Mar. Sale 85 19 107M 107^ Mar. 64 H 65 Mar. Sale 106% 99% 92 10634 Mar. 143 M 139& Mar. Sale 107 Mar. 19 104 M 105 M M S 105 18M 18M 12M 12M 42% 41% Sale Sale 1952 J con Jan. Mar. 98% Feb. 7 103 106% Mar. 18 108% Mar. 124 122 AHarpen Mining 6s RR 2% 1% 99 106 M 50 102 37 64 M Sale Sale Sale ^Tji w 45M 22 M 17% HHackensack Water 1st 4s . 90 55 63 O . *99" 100 M 101M Sale 103 1946 A f*AHousatonic 4 101 Sale 106"" Greenbrier Ry 1st gu g 4s 1940 MN Gulf Mob & Nor 1st 5 Ms ser B.1950 A O 1st mtge gold 5s series C 1950 A O Gulf & Ship Island RR— Hock Val 1st cop g 4Ms. Hoe (R) & Co lstjntge Sale 102 M Alncome debenture ctfs B 110-year debenture 4Ms 23 104M 1 95 M 103 J J 60 103 A 1,000 1st ref & term 5s stpd Feb 1952 J 99,000 Gulf States St'l 1st mtge 4%s__1961 A 53,000 Gulf States Utilities 4s series C.1966 A 3,000 31,000 197,000 16,000 60 102 __ (German) 7s__^__1945 ADebenture 6Ms 1940 AS f deb g 6s 1948 General Motors Acceptance Corp— 10-year debenture 3s 1946 15-year debenture 3%s_ 1951 General Public Service deb 5Ms 1939 Gen Steel Castings 1st 5Ms w w_l949 tAGa & Ala 1st cons 5s Oct. 1945 *t AGeorgia Carolina & Northern— Extended at 6% to July 1 1934 AGood Hope Steel & Iron sec 7s-1945 90 134 M 108% "11" — Sale Sale Sale 237,000 Goodrich (B F) Co conv deb 6s__1945 401,000 1st mtge 4Ms 1956 12,000 Gotham Silk Hosiery deb 5s w w.1946 Gouv & Oswegatchie 1st 5s 1942 Y.666 Grand R & I ex 1st gu g 4Ms 1941 Grays Point Term 1st gu g 5s....1947 46",000 Gt Cons El Pow (Japan) 7s 1944 95,000 1st & gen s f g 6 Ms. 1950 Great Northern Ry— 545,000 1st & refund 4 Ms series A 1961 274.000 Gen mtge 5Ms series B 1952 73.000 Gen mtge 5s series C___ 1973 109,000 Gen 4Ms series D 1976 197,000 Gen 4Ms series E__ 1977 757,000 Gen mtge 4s series G 1946 743,000 Gen mtge 4s series H 1946 139,000 Gen mtge 3 Ms series 1 1967 AGreen Bay & West deb ctfs A___ 33,000 86 M 90 Sale 138M stamped 30-year deb 6s series B 6~O",666 105 105 102 M 105 15M Gas & Elec (Bergen Co) 5s 514,000 207,000 3 111% Mar. Sale 13 i§& A 34,000 Gen Amer Investors deb 5s ser, A 1952 F 43,000 General Cable 1st s f g 5Ms A—1947 J 22,000 AGeneral Elec 2l",666 105 M Sale 105 H Mar. 13 17 M Mar. 14M 110M Sale HOK.Mar. 106 __ 19,000 7,000 22,000 Feb. 111% Mar. 30 113 4 111% Jan. 7 112% Jan. 26 Mar. 24 110% Jan. 13 112 40 9 106 M *A3d mtge 4Ms 1938M S 37",000 Ernesto Breda Co 1st mtge 7s—1954 F A 59.000 Fairbanks Morse deb 4s 1956 J D 7,000 Federal Lt & Tr 1st s f 5s 1942 M S 1,000 5s International series 1942 M S 3,000 Mar. 24 35 111% 21 s Mar. 17 112 54 25M Sale Sale 21% s 111M Mar. 30 113 Mar. 7 111M Mar. 14 112)4 Mar. 13 111 40 Sale J O 1st lien Sale 100 M Sale Mar. 99H Mar. 2 103 106 M 107 M 106H Mar. 18 108H Mar. 105 M 16% O First lien 54 59 Sale J AErie & Jersey 1st s f 6s 1955 J J AGenesee Riv RR 1st s f 6s—1957 J J AN Y & Erie RR ext 1st 4s...l947 MN 34,000 1,000 99 M 108 % 110K 43 M Sale AGen 572,000 40 22 A MN J J 1953 A 1953 A 1953 A AConv g 4s Series A a4s series B 574,666 36,000 106% conv 4s Series D O ARef & impt gold 5s ser 1927.1967 MN ARef & impt 5s series 1930—1975 A O 58,000 26,000 33,000 106 112M 113 111M 112M Sale 111M 111% 111M 111 H Range 123,000 Ry 3%s_ .-.-1962 A O 36,000 1* aDuI So Shore & Atlantic J g 5s_1937 J 120,000 Duquesne Light 1st M 3 Ms 1965 J D "8.666- Sale Sale J 1951 J Iron 112M 111M 111M 106 70 Sale 76% 91 >100 94 M 96 108 M 102 M 105M 40 Sale 67 Sale 120 M 67 M 30 Mar. 8 1 Sale Sale 76 Mar. 79 Mar. 91 60 94 % 108% 81 78% Mar. Mar. 21 91 Mar. 21 94% Mar. 31 96% Mar. 10 Mar. 14 108% Mar. 22 110 ----- 105% 35 Sale 120% 81 Mar. 8 69 Jan. 4 79 Mar. 91 Mar. 21 91 Mar. 21 1 40 Sale r?40 Mar. 14 a40 119% Mar. 17 121 93% Jan. 107% Jan. 1U2% Feb. 3 96% Mar. 10 Mar. 14 5 110 le 105% Jan. 28 l0527isJan. 103 M 40 116M 118 79 Sale 16 10531«Jan. 4 Mar. 14 Mar. 6 118 Jan. 4 121 5 Sale 71 Sale 67 Mar. 6 77 Mar. 20 67 Jan. 35 30 Sale 30 Mar. 31 36 Mar. 11 30 Mar. 31 Feb. 17 77 ,' Mar. 20 38% Jan. 3 April, 1939] Sales in 11 March BONDS Value N. Y. STOCK EXCHANGE $ 72,000 232,000 9,000 349,000 236,000 79,000 3,000 90,000 .253,000 235",666 10,000 967,000 2,000 5",666 2"o5o STOCK N. Y. Is PRICES IN MARCH Price Ask Sale Sale Adjust income 5s -Feb 1957 Illinois Bell Telep 3%s ser b 1970 Illinois Central 1st g 4s 1951 1st gold 3%s 1951 Extended 1st g 3%s 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 4ms 1966 Cairo Bridge gold 4s 1950 Litchfield Div 1st g 3s 1951 Louisv Div & Tor g 3 ms 1953 Omaha Div 1st gs3s_ 1951 St Lou Div & Term g 3s 1951 Gold 3 ms-1951 Springf Div 1st g 3 ms 1951 Western Lineslst g 4s 1951 „ _ Bid 101 34% 102 Sale 124 Sale a i Mar. 31 Mar. 1 1939 a—1940 mn Hudson & Manhat 1st & ref 5s a 1957 F 14% 111m Sale 49 % 101 % Sale 124 m Sale Sale 31% Sale 124% Sale 12m Sale Sale 1115# Sale 91 75 o "59% MN Sale 57 % j 54 % Sale MN MN 84 Sale Sale Sale 45 m 82% '58"' 52 63 Lowest Sale Prices Sale Prices 1 Mar. 31 46 12% Mar. 31 1 111% Mar. 90% Mar. 17 9 51% Mar. 15% Mar. 11 'if* 64 Sale 51 Sale ol% Mar. 18 "46 % Sale 65% 64 70 83 h 90 70 58 Jan. Mar. 13 Sale Prices 3 31 102 % Jan. 5 36% Jan. 28% Mar. 18 124 Jan. 87 13 125% Mar. 15 51% Mar. 9 15% Mar. 11 13 24 26 Jan. up 30 Jan. 18 Mar. 31 Feb. 85 1 Mar. 31 50 Mar. 18 68 Mar. 7 46% Mar. 31 Mar. 8 51 Mar. 31 63 61% Mar. 9 51% Mar. 18 47% Jan. 24 62 Jan. 5 52 Jan. 13 so* Mar. 9 Jan. 4 63 60% Mar. 70% Mar. 56% Mar. 9 50 9 9 46 26 26 26 56% Mar. 83% Feb. 83% Feb. 63 Mar. 4 65 Mar. 63 Mar. 8 63 Mar. 61 Mar. 21 61 63 Jan. Jan. 3 65 Mar. 60 Mar. 21 13 Feb. 15 63 60% Feb. 8 70 Jan. 63 4 85 70 62 Jan. Jan. Jan. Mar. 8 61 8 9 4 13 4 59m 54 m 75% 63 61 101 43% Jan. 11% Jan. 111 Jan. Mar. 31 65 50 "76"" 76 85 Highest Sale Prices Mar. 4 101% Mar. 2 102 28% Mar. 18 34% Mar. 10 124% Mar. 2 125% Mar. 15 83% Jan. "50" 90 47 % 54 Sale 53 Sale 83% 65 — "51" 67 m , 90 63 Sale Sale 54 % "53% Sale A Highest 75 "57"" Sale f Lowest 85% 85% 84 J Sale 46 Sale 87 75 Sale M S asfcl Ask Bid 102 84 Sale a RANGE SINCE JAN. Jan. 3 Hudson Coal 1st s f 5s series a—1962 J d Hudson County Gas 1st 5s 1949 MN Houston Oil sink fund 5 ms 25 EXCHANGE—BONDS Mar. 8 72 60 • M r. 21 Mar. Mar. 9 9 111 cent & Chic St l & n o— 067,000 Joint 1st & ref 5s ser a "2",666 1,000 22,000 126,000 52,000 719,000 98,000 130,000 90,000 1940 1948 Ind Bloomington & w 1st 4s 1940 Indiana 111 & Iowa 1st gold 4s__1950 t Alndianapol & Louisv 1st gu 4s_1956 Indianapolis Union ry— Ref &impt mtge 3 %s ser b —1986 Industrial Rayon 4 Ms 1948 Inland Steel 3 ms series d 1961 {Inter boro r t 1st & ref 5s 1966 Certificates of deposit 1932 *Al0-year6% notes * a 10-year 7% notes 1932 a Certificates of deposit 27,000 54,000 Interlake Iron Int 4,000 conv 53 m O 104 m 3,000 Int Rys of Cent Amer 1st 5s b 75.000 First lien & ref 6 ms 640,000 Internat t & t deb g 4 ms— 901,000 Deb gold 5s Sale 55 % Sale M s j J F a J j 69m 15 70 72 % 99 m 91 93 107% 108 m 60 m 3% 19% 19% 75 54% m s 99 m 94 m mn 82 F Sale Sale Sale Sale Sale Sale Sale Sale 85 a 88% j J 67 Sale F a 69 m Sale 91% 3% 52 m 95 m 7,000 Kanawha & Mich 1st gu g 4s 1990 j*aK c Ft s & m ref g 4s 1936 a Ctfs of dep (Bankers Trust) Kan City South 1st g 3s_.1950 Ref & Imp 5s April 1950 Kan City Term 1st 4s 1960 Kansas Gas & el 1st mtge 4ms--1980 a Karstadt (r) Inc 1st Mtge 6s. 1943 "2~666 a Ctfs w w stpd (par $645) 1943 a Ctfs w w stpd (par $925) 1943 "i",o66 a With warrants (par $925) 1943 126,000 Keith Corp (b f) 1st ser g 6s 1946 1,000 Kentucky Central 1st gu 4s 1987 Kentucky & Ind Term 1st 4 Ms.-1961 Stamped ^ 1961 116,000 37,000 143,000 328,000 163,000 91,000 4% Sale 96 o 78 o 35 ao 69 33,000 3m 55% 3% Sale 94 Sale 2% 2% Sale 55 94% Sale 3% 96 90 60 J 50 92 60 o 163 165 a j "98"' J J 103 j D 96 Sale 98 V8 Sale Sale 86 55 Mar. 22 59% 97% Mar. 31 100 87% Mar. 31 94 80 Mar. 22 83% 89 Mar. 18 95% 62 Mar. 31 71% 64% Mar. 31 75% 2% Mar. 15 54% Mar. 3 94 Mar. 1 30 30 31 28% Mar. 29 84% Mar. 31 Mar. 22 Mar. 80 Mar. Feb. 68 Mar. 3 24 66 Mar. 3 30 89% Jan. 5 20% Jan. 4 4 87 3% Mar. 2 58% Mar. 10 95% Mar. 8 60% Jan. 95% M?r. 26 28 85% Mar. 79 Jan. 36 30 Mar. Mar. 34% Mar. 72% Mar. 71% Mar. 9 63 108 Mar. 104 Sale 103% Mar. 27 106 Mar. 103% Mar. 30% Feb. 17% Jan. 37 36% Feb. 85% Mar. Mar. Mar. 5 16 58% Mar. 10 96% Jan. 11 it* 28% Mar. 67% Jan. Mar. 31 %% 6 Jan. 4 Jan. 3 Mar. 19 Jan. 4 109% Jan. 7 107 Feb. 18 36 Jan. 13 27 96 4 17% Jan. 19 Feb. 20 Feb. 3 27 Mar. 6! 27 Mar. 27 Mar. 6 100 4 Mar. Mar. 17% Mar. 20 17% Mar. Sale Mar. 8i •94% Jan. 100 Mu\ 107% Jan. 8 18 107% Mar. 10! 107 107% Mar. Feb. 1 "92% 90 70 3 83% Feb. 15 Jan. Mar. 31 Mar. 24 109 95 11 Mar. 10 94% Jan. 2% Mar. 15 68 71% 9 100 93 % Feb. 52 63 73 Mar. 4 Mar. 13 108 72% 4 Mar. 10 Sale 90 4 Jan. Jan. Sale 90 Jan. 62 Sale 97% Jan. 20 20 63% Jan. 68 Sale 5 17 102% Jan. Mar. 63 108 25 18 Mar. 95 88% 85 166% Mar 164% Mar. 164% Sale 72 s e e>5 88 Mar. Mar 13 8i 163 79 103 Sale 104 105 103 Mar. 105 101 Sale 102 Sale 101 Mar. 103% Mar 58 m 49% 50% 43 23 88% Jan. Mar. Mar. 95 9m 31 Mar. Mar. Mar. 103 89 m 57 % 45 87 2 Sale 46 Mar. 18 30 Sale 46 79 4 13 109% Feb. 3 Feb. 18 31 70 1 Mar. 3 68 Mar. Mar. Mar. Feb. Jen. Jan. Jan. Mar. Mar o 1942 3% Mar. 11% Mar. 31 6 11% 2% 11% 13% 72% 49% 97% 87% 98 m s 1942 18 Mar. 27 100 % 103 102 100 % Sale 1960 16 102% Mar 106% Mar J Coll tr 6s series a.._ 31 9 97% Mar. Mar Mar, Feb. Mar. Jan. Jan. Jan. 101 % Jan. 102% 1jj 100% Mar. 106 106% 105% l 106% Mar. 96 m 102 m 95 Mar. 95 102>8 102m Sale 102% Sale 101% Mar. a Collateral trust 6s series b 11% Mar 2% Mar 11% Mar 100 F Sale Mar. Mar. 87% Mar, 28% 90 "72% j 1953 66 28 162 f j 1939 a 64% 37 60 MN Sale Sale 36 m 21 j 80 % 98 m Mar. - Mar. 14 104% Mar. Jan. Sale j 82 93 Sale J Kinney (g r) 5Ms extended to_1941 Koppers Co 4s series a 1951 Kresge Foundation coll trust 4s. 1945 3 ms collateral trust notes. 1947 j Kreuger & Toll class a— a 5s Uniform ctfs of deposit.-1959 93 62 107 m 108 m 105 92 m "92k 68 84% Sale Sale J !?5h. 87 m 27 "95"" 68 34% 71 70% Mar. 30 10% Jan. 21 107% 57% 59% 34% 57% 56% 83% 42% Mar. 88 Sale 1997 a Purchase money 6s 261,000 Laclede Gas Lt ref ext 5s 270,000 Coll & ref 5 ms series c 42,000 Col &ref g 5 Ms ser d 13,000 9,000 56% 56 m 97% Sale Sale 80% 83 J - 137,000 sale Sale Sale Sale Sale Sale Sale 92% 83% 95% 69 m 72 m 37 Kings County Elec Lt & Pow— 121,000 Sale J 19,000 Kings Co Elevated 1st g 4s -1949 26,000 Kings Co Lighting 1st ref 5s.___1954 3,000 1st & ref 6 ms— 1954 2,000 280,000 80 .1961 J 1961 J 4 ms unguaranteed 16 11 104 Mar. 69% Mar. Mar. 27 26 109 34% Mar. 57% Mar. 58% Mar. 83% Mar. 9 Feb. Jan. 104% Mar. 97% Mar. Mar. Mar. Mar. 5 Jan. 9.5 9% Jan. 9 102 m 101m 102% 102% Mar. 10 102% Mar. 10 Sale 83 m 56 % 99 m 22 87 m Sale " Mar. Mar. 17 25 m s Sale Sale 11 108% Sale J d 104% Sale m jv 36 36m 17 58 m 83 m 61 17 j 23 87 63 Sale 25 3 Sale J Sale 58 m 34 m 57 m 14 h Sale 71 67 m 104% 104 Sale 94% Sale 107% Sale 57% 14 Sale j 103 11% Sale 2% Sale 11m Sale j — Plain... 3,000 15 35m Sale j 10 Jan. 27 Feb. 66 70% Mar. 30 Mar. 94 m 90 a a Mar. 10 108 m 57 m 102 102 m 20 1941 Sale 90 89 70 Sale Sale ----- 51 % Mar. 31 60% 56% 45% Mar. 31 103% Mar. 16 105 32 Jan. 25 41% 95 11 Sale 63 m 84 59m Mar. Mar., 9 Mar. 9 Mar. 10 Mar. 7 74 109 Sale m 5 60% 56% 104% 40% 55 103 m 96 Sale "39% 51% Mar. 45% Mar. 103% Mar. 8 11 67 % 64% 37% 1952 1952 1956 1956 1944 8 40 m 63 m o Sale 95 Sale 63 59 a 51m Sale 45 m Sale 38 10 63 1951 m s . Sale Sale 104 m 104 95 t Iowa Central ry— 1st & ref 4s 53 88 32,000 James Franklin & Clearf 1st 4s__1959 J d 46.000 Jones & Laughlin St'l 1st m 4 ms 1961 m s a 57 104 96 Agri Corp 1st & coll ctf 5s—• Stamped extended to 1942 mn 1947 1955 1972 1947 1952 1955 59 m D A 1947 ao deb 4s 76,000 ja Internat Gt Nor 1st 6s a 209,000 a adj mtge 6s series a. July 1 5,000 a 1st mtge gold 5s series b a 1st gold 5s series c 512",660 Internat Hydro el deb 6s 93,000 Int Merc Marine 1st s f 6s 133,000 Intern Paper conv 5s series a 204,000 Refunding 6s series a 62,000 D 1963 1963 series c 4 99,000 Illinois Steel deben4Ms 9,000 Allseder Steel Corp 6s. 9m Sale Sale Sale Sale Sale 7% Sale 96 102% Mar 7% Mar. 31 83 Sale 82 Mar. 30 53 Sale 53 Mar. 22 51% Sale 51% Mar. 31 Mar 27j 48 45 Mar. 30 51 41 44% 45 Ma1'. 24 5 102% Jan. 100 Jan Jan. 3 45% Jan. 42 % Jan. 50% Mar. Mar. Jan. 12 9 10 43 n.1 6 Mar. 11 17 105 10 103 % Mar. 15 7% Mar. 31 79% Jan. 23 45 73% J Jan. 10 102% M-r.27 3 106% Feb. 23 Jan. .Lin. 20 96 Mar, 29 5 102% Mar. 27 Jan. 15 9% Mar. 10 * Feb. 14 166% M r. 13 Mar. 8 88 Jan. 30 111 91% Mar. 58% Mar. 58% Mar. 42 100 Jan: 13% 91% 58% 58% Jen. Mer. Mar. Mir, 51 Mar. 50% Mar. Lake Erie & Western rr— 19,000 5s 1937 extended at 3% to 1947 1,000 2d gold 5s. 1941 79,000 Lake Shore & Mich Sou g 3 ms.-1997 j j 75 J 88 d 88 m 68 75 71% Mar. Mar. 15 67 Jan. 26 75 Mar. 15 88 64% Sale 88 70 67 67 Mar. 13 67 Mar. 13 67 Mar. 13 67 M?r. 13 87 m 89 88 Sale 88 Mar. 31 90 Mar. 86 Feb. 3 90 Jan. Sale 25 Sale 58% 22% Jan. 54% Jan. 27 Sale 23,% Mar. 7 56% Mar. 29 9 75 7 5 Lautaro Nitrate Co Ltd— 224,000 a 1st mtge 61.000 Lehigh Coal 60,000 Cons sink ncome reg.Dec 31 1975 1954 j 1954 j Nav 4 ms ser a und 4 ms ser c 81,000 Lehigh & New Eng rr 4s a 1.000 Lehigh & n y 1st gug4s 1,000 ALehigh Valley Coal 5s. 37,660 10,000 28,000 12,000 11,000 34",660 22,000 "if.ooo a Gen a onsol 5s 5s assented Leh Vail Ter Ry 1st gu g 5s 5s assented 32,000 Lex & East 1st gu 5s. a 1964 F a 1974 F A 34 Sale 55 59 56 Mar. 1 85 Sale 91 Sale 85 m ar. 1 34 40 31 92 39 Mar. 4 39 Mar. 31m 50 32% 92 39 Mar. 24 39 Mar. 24 22% Mar. 22 m 20 Sale 64 Mar. 10 64% Mar. 11 91 Mar. 31 4 27% Mar. 13 Mar. 10 9 64 Jan. 9 64% Mar. 11 84 % Jan. 31 % Jan. 4 91 9 39 Mar. 39 Mar 24 39 Mar. 24 20 Jan. 13 23 Feo. 16 Z'6 Jan. 4 18% 20% 19% 49% Mar. 6 Mar. 8 Mar. 25 Mar. 10 53 Mar. 31 4 21 "22% 20% 22% 20% Mar. Sale 19% 18% 20% 21 19 Mar. 22 18 Mar. 14 8 17 22 m Sale' 24% j" j ::::: "74% 1954 F -1940 1940 2003 j j a 40 Sale J 49 58 J mn 2003 mn -2003 2003 mn mn —2003 mn 2003 mn a o -.1941 a O 19% 19m 19m 21 -1941 1965 \rA 36% 33 m 48 Sale Sale 20m Sale 20 50 Sale 22% 22 m 50 66 u2"" 19 h 49% 49% 20 m 20m 19 o A 46 m 19 112,000 Liggett & Myers Tobacco 7s—.1944 ao 129% 94,000 5s-. ------1951 f a 127 m 53,000 Liquid Carbonic 4s conv debs 1947 J d 109 Little Miami gen 4s series a 1962 MN 281",000 Loew's Inc s f deb 3 Ms 98% 1946 F a 53 46,000 Lombard Elec 7s series a »--1952 j D 143,000 Lone Star Gas 3 ms debs 1953 f a 13,000 a Long Dock Co 3m8 ext to 1950 a ol 60% For footnotes, see page 30. 56 27% Mar. 13, - refunding 5s Certificates of deposit First & ref sinking fund 5s Certificates of deposit Sec 6% no 63 extend to 1943 Certificates of deposit.. 47,000 Leh v (n y) lstgug4%s 16,000 4 ms a sen ted 82,000 a Leh val (Pa) gen con g 4s 70.000 a 4s assented 46,000 a Gen cons 4ms 15,000 a 4 ms assented 27,000 1954 F Certificates of deposit Leh Vail Harbor Term 1st 5s 33 % 92 24% 57% 17 Certificates of deposit 1st & refunding 5s 1st a 55 % 54 m Sale 1965 a o 1945 m 5 1944 F a - "7",000 Sale 75 Sale 21m 20% 57 Sale 49% "58" a* it* Sale 18% Mar. 18 18% Mar. 6 Sale 41 Mar. 31 Sale "48" "Mar." 31 Mar. 31 Sale 46 Sale 42 60 49 Y\. Mar. Sale 14 18 Sale 16 Sale 17% Mar. 23 16 Mar. 31 16 Sale 22 62 m 75 30 I Mar. 10 40 Jan. 06 Mar. 10 Mar. 6 46 Mar. .52 Mar. 52 Mar. 8 Mar. 8 21% Mar. 21% Mar. 3 48% Feb. 17% Mar. 52 3 6 16 Mir. 21% Mar. 21% Mar. Mar. 9 16% Jan. 18 aMar. 16%®Jan. 18% Mar. |Fob. 44% Sale 21m 21m 22% Mar. 28 Mar. 6 Mar. 8 Mar. 25 Mar. 10 20% 18% 20% 19% 49% 46 1 17% I?* Mar. 31 22 9 16 Mar. 22 Mar. 16 Mar. 31 16 Mar. 21 Feb.-27 22% 19% Mar. 23 22 19 4 20% Mar. 22% Mar. 14 22% Mar. 13 120 Mar, 15 61 114% Mar. 17 115% Mar. 13 112 Jan. 128. 61 Mar. 15 61 129 Sale 128% Sale 128 Mar. Sale Sale 128 130 128 Mar, Mar. 8 127% Jan. 108% Sale 108 Mar. 20 109% Mar. 8 108 Sale 100% 52% 105% Sale Sale Sale 100% Mar. 3 101% Mar..£2 50% Mar. 20 53% Mar. 8 105% Mar. 31 108% Mar. 4 52% 107% 108 64 60% 31 129% Mar. 23 2 130 Mar Jan. Mar. 13 Feb. 7 Mar. 15 115% Mar. 13 61 129% Jan. 10 Mar. 8 26 130 7 110% Jan. 20 31 106 104 51 I* Feb. Mar. 128% 108% 100% 22% Mar. 14 19% Jan. 19 a Mar. 57 68 114% 115% 113 Mar. 23 Sale Sale 6 16 18% Sale Sale" 6 68 61 70 62 Mar. 14 65 Mar. 29 3 101 % Mar. 22 2 56% Jan. 13 4 105% Mar. 31 108% Mar. 98%,Jan. 49 Feb. 62 Mar. 14 65 Mar. 29 36 N. Y. STOCK EXCHANGE—BONDS Sales in March BONDS Value N. Y. STOCK EXCHANGE Price 1939 Bid 106,000 63,000 23,000 15,000 477,000 80,000 40,000 PRICES IN MARCH Long Island unified 4s Guar ref gold 4s 4s stampedLorillard (p) Co deb 7s 1949 M s 1949 M s 1949 M s 1944 a o 5s__ & Louisiana & Ark 1st 5s series a- 1951 f A 1969 j j 1966 m s , Louisville Gas & Elec 336s Lou & Jeff Bridge gug4s _ 1 Mar. 1 Ask 8* HP Sale 90 1283-6 Sale Sale 82 108 10834 10534 69,000 289,000 101.000 5,000 94M 9736 8934 Sale 845* 79 Sale 1946 Paducah & Mem Div 4s 98 1980 M s 86 -1945 m s 108 71 1952 j J "72"" 1955 mn 10434 10536 Hydro-El 636s 1944 f a St Louis Div 2d gold 3s Mob & Montg 1st g 436s 43", 666 18,000 4,000 Sale 100 Sale - - 1st ext 4s A J O d ms mn 1959 mn 3 ^s—1941 J j f g 6s 1947 A O 106 Sale 70 90,000 Metropolitan Edison 436s ser d-1968 32,000 Met Water, Sewer & Drain 536s-1950 29,000 *t AMet West Side Elev (Chic) 4s 1938 1,000 a Mex Internat 1st 4s asstd 1977 m s a. o f a m s a 4s (Sept 1914 coupon on)—1977 m s a Miag Mill Mach 1st s f g 7s—1956 j d Michigan Central-Detroit & Bay 1940 City Air Line 4s JackL& s gold 334s.* 1st gold 334s Ref & Imp 4 34s series c a 1951 ..1952 1979 J Sale 85 100 95 j j d Sale 333 ip Sale 87 84 79 "80* 42 Sale 104 90 65 5154 10334 104 Sale 10934 1103* 993* 104 634 1136 34 ' 5* 3* 111 Sale 9954 Sale 28 20 Mar. 2036 9934 Feb. 8434 Feb. Mar. 14 79 355* 3334 2256 8256 102*8! 8234 Mar. 101 Mar. 8 Mar. 81 5036 Sale 10354 Sale 11036 hi 9936 Sale Sale 3* 34 2734 35 26 9454 95 100 Mar. Mar. 42 27 Feb. Mar. 30 Mar. 29 81 Jan. 8 Mar. 6 10454 Mar. 22 11036 Mar. 18 11134 Mar. 27 9836 Mar. 25 102 Mar. 10 8 Mar. 1 836 Mar. 2 56 Mar. 31 56 Mar. 31 a 1st ext 434s 1939 j D a .Con ext 4ks--' 1939 J d 1* Mil Spar & n w 1st gu 4s—-1947 m s t iMilw & State Line 1st gu 336s 1941 J j 94 Mar. 9336 9936 96 97 96 Mar. 29 97 72 80 7236 80 75 14 11 11 Alar. 10 Mar. 21 7634 Mar. 15 1234 50 Mar. 18 88 87% Sale 80 Sale 188,000 171,000 196.000 104,000 4oi",666 355,000 11,000 103,000 348",660 84.000 10,000 351,000 3,000 734 148,000 18,000 20,000 3 2 3 j J 8 34 j J j J j J 534 836 354 236 m s 2 e99 Mar. 18 88 Sale 63* Sale 4 34 3 3 Sale 6 Sale 2 Sale Sale 51 Sale 45 Sale 3634 Sale 31 Sale 3036 163* 32 Sale 2756 Sale 2334 Sale 2336 Sale 68 Sale 4 3 *1* 68 54 J 75 4454 27 2536 1154 Sale 2836 73 7 536 234 236 3 15* 634 Sale 454 Sale Sale 5234 154 67 354 Sale 2536 Mar. 24 1154 Mar. 31 7 Mar. 18 Mar. 13 236 234 656 456 636 Mar. 22 Mar. 23 Mar. 4 Mar. 30 Mar. 1 30 54 Sale Sale 136 Mar. 8 67 Mar. 18 50 Mar. 18 Mar. 9 14 Mar. £0 Mar. 18 4 4236 Sale 1962 2634 21 F a mn mn mn A O a Mo Pac 3d 7s ext at 4%-July 1938 {Mobile & Ohio rr— a Montgomery Div 1st g 5s—1947 a Refunding & Improv't 436s-1977 * a Sec 5% notes 1938 Mohawk & Mai 1st gu g 4s 1991 Monongahela Ry 1st m 4s ser a.1960 Monongahela West Penn Pub Serv— 1st mtge 4 ms -—1960 FA 21 2136 2034 215* 2034 Sale Sale ----- 63 20 m S m s 34 Sale 33 36 52 m S 58 Sale 10834 1005* 9654 9634 7234 mn 5034 10234 Sale Sale Sale 99 Sale Sale 20 Sale Sale Sale - —■ Sale Sale 2836 2236 Sale Sale 35 Mar. 11 2054 Mar. 31 Sale 936 21 Sale 16 Mar. 31 Mar. 31 936 Mar. 31 2954 Mar 9 3154 Mar. 13 1534 Mar. 10 . 1634 Mar. 22 1956 Mar. 434 Mar. 31 1554 Mar. 31 1634 Mar. 22 1634 Mar. 22 536 1954 1854 1954 Mar. 3 Mar, 8 Mar. 10 Mar. 9 254 Mar. 31 1636 Mar. 30 1736 Mar. 2 336 1936 1736 1936 1834 Mar. 1 Mar. 8 Mar. 2 Mar. 4 Mar. 15 9 15 434 1554 Sale Sale 16 1955 254 Sale 16 Sale 16 15 18)4 65 75 20 Sale Mar. 31 16 1636 Mar. 24 2436 20 Mar. Sale 22 22 Mar. Sale 2436 Mar. 5136 Mar. 58 10736 10836 10754 104 105 10454 9754 Sale 9756 96 9536 79 80 2000 5236 1955 MN 1956 MN 1968 J d _ _l947 mn 6034 4534 10536 11434 1941 mn a J j j D mn mn 104 106 mn 105 104 2236 Mar. 2954 Mar. 7 4 34 Mar. 4 55 Mar. 9 Mar. 10534 Mar. 7 Mar. Mar. Mar. Mar. 109 6 Mar. 10534 Mar. 8 100 Mar. 9 9636 Mar. 4 75 67 79 75 54 Sale 49 Sale ----- 36 ----- 69 71 44 Sale 102 34 54 8 71 10454 Sale 10454 10436 10456 106 10534 ----- 36 36 134 134 1)4 36 36 54 136 . 25 Mar. Feb. 8 2 Mar. 30 9 Jan. 6 Mar. Mar. 2 Mar. 9 21 87 Jan. 25 5436 Jan. 4 23 10454 Mar. 22 Feb. 39 Feb. 23 10236 Jan. 11036 Jan. Jan. 96 7 Jan. 16 11134 Feb. 18 28 102 Mar. 10 4 836 Feb. 7 65 12256 27 Sale 2536 Sale Mar. 18 5454 Mar. 13 48 Mar. 18 54 Mar. 10 49 Mar. 11 4236 Mar. 31 10654 Mar. 3 10736 Mar. 17 Mar. 3 11436 Mar. 3 115 98 Mar. 24 100 Mar .27 70 Mar. 15 3834 Mar. 1 7154 Mar. 28 46 Mar. 2 Sale 10436 Mar. 18 1053* Mar. 31 104#aj Mar. 30 10454 Mar. 10 10534 Mar. 2354 2234 4 96 Mar. 18 9056 Jan. 3 7236 Feb. 27 97 Mar. 8954 Jan. Mar. 21 11 6 4236 Jan. 2536 Mar. 24 1154 Mar. 31 Mar. 18 Feb. 8 30 6 9 254 Feb. 254 Jan. 19 556 Jan. 27 456 Mar. 30 9 7634 Mar. 15 1434 Jan. 3 50 Mar. 18 32 175 Jan. Jan. 5 313 Mar. 2 8 5 Feb. _ 16 336 Feb. 17 3 Jan. 19 836 Mar. 13 6)4 Jan. 4 9 9 Jan. 3 334 Feb. 18 8 136 Feb. 6554 Jan, 11 4 Jan. 6 6 Feb. 45 Jan. 24 40 Feb. 16 26 Mar. 31 2054 Mar. 31 Mar. 31 21 936 Mar. 31 163* 173* 43* 1556 1636 163* 1654 254 1636 1736 Mar. 22 Feb. 24 Mar. 31 Mar. 31 Mar. 22 234 6834 5536 5136 Jan. 4 Mar. 10 Mar. 14 Jan. 5 3736 Jan. 3234 Jan. 5 6 Jan. 5 1736 Jan. 5 2136 20)4 6 36 2154 2036 215* 1936 4 3* 215* Jan. Jan. Jan. 4 Jan. 34 6 5 1636 Jan. 26 3 Jan. Jan. 11 3 Jan.f Jan. 14 4 Jan. 4 Jan. 4 2054 Jan. 3 215* Jan. 6 2034 Jan. Jan. 18 65 18 Feb. 10 22 Jan. 25 2236 Mar. 2954 Mar. 16 Mar. 22 Jan. 28 Mar. 31 Mar. 30 Mar. 2 Mar. 31 18 34 Jan. 2436 Mar. 31 Mar. 4754 Feb. 18 55 3 10534 Mar. 10236 Jan. 10736 Feb. 1 109 1005* Jan. 3 10536 963* Jan. 26 100 9536 Mar. 22 9754 7054 Feb. 10 7236 6734 Jan. 30 6734 49 48 42 Mar. 18 Mar. 18 Feb. 27 Feb. 27 Mar. Mar. 8 9 Feb. 3 Jan. Jan. 3 30 5634 Jan. 54 9 Mar. 10 4§ Mar. 11 10454 Jan. 27 10736 Mar. 17 7 114% Mar. 3 11536 Feb. Mar. 27 9734 Jan. 24 100 693* Feb. 9 72 2936 Jan. 27 46 Feb. 16 102 10356 Jan. 3 10534 104's! Mar. 30 10654 10454 Jah. 3 10554 Jan. 6 Mar. 2 Feb. 16 Mar. 31 Jan. 5 Mar 24 . 56 Mar. 24 36, 1)4 Mar. 8 1 36 Jan. 30 36 Mar. 10 56 Jan. 56 Mar. 24 136 Mar. 16 12 36 Jan. Mar. 10 36 Mar. 22 27 134 Jan. Jan. 30 136 Mar. 16 12 26 134 _ 60 17 54 Feb. 36 Jan. 36 134 Sale 134 3 10554 Mar. 24 54 36 Mar. 4 54 Mar. 36 54 Mar. 10656 Sale 10536 Sale 10554 Mar. 18 107 35 122 54 Mar. 31 102 54 36 36 36 36 36 36 36 54 Sale 5* Sale 13* Sale Sale Sale 3956 Sale 49 102 5* 56 10834 75 Sale Sale 50 48 4354 Sale 4236 Sale 107 Sale 10734 Sale 113 11934 115 116 9736 100 745* 35 Sale Sale Sale Nat rr of Mex prior lien 4 Ms— * a Assent warr & rets No 4 on_1926 a 7,000 o a 4s April 1914 coupon on 1951 a o a 4s April 1914 coupon off 1951 AO a Assent warr & rets No 4 onl951 a 22,000 0 269,000 Nat Steel 1st coll mtge s f 4s_ 1965 J d { a Naugatuck rr 1st g 4s 1954 mn 27",000 Newark Consol Gas 5s 1948 j d 17,000 t a New England rr cons 5s guar 1945 j J a Cons guar 4s J 1,000 .1945 j 68 Sale Sale Sale 9534 7036 313* 10134 18 65 17 15 10334 105 68 836 Mar. 13 634 Mar. 14 836 Mar. 13 26 10334 104 79 9 Sale 10854 Sale 10436 Sale 9936 Sale 9536 96 75 2 Sale Sale 68 2 Mar. 4236 Mar. 31 15 Sale 8 Mar. 6 Mar. 10 Mar. 14 Mar. 10 15 75 65 a Sale Mar. 254 Mar. 3 1955 148,000 Nassau Elec guar gold 4s stpd 1951 National Acme 436s extended 1946 596,666 National Dairy Prod deb 3^sww'51 94,000 Nat Distillers Products deb 436&1945 26,000 Nat Gypsum 436s s f debs.. 1950 National Rys of Mexico— a 4Mb Jan 1914 coupon on.1957 a 436s July 1914 coupon on_1957 a 4Mb July 1914 coupon off. 1957 a Assent warr & rets No 4 onl957 16,000 a 4s April 1914 coupon on 1977 a 4s April 1914 coupon off 1977 a Assent warr & rets No 5 2,000 oril977 For footnotes, see page 30. Sale Sale 4 Sale Sale 18,000 Nashville Chat & St l 1st 4s a--1978 F - Sale 1954 2836 F 1955 Gen & ref s f 5s ser d Morris & Essex 1st gu 3 Ms Constr m 5s ser a Constr m 4Mb ser b Mountain States t & t33*s Mutual Fuel Gas 1st gu 5s Mutual Union Tel 5s 2154 2036 2154 2036 6236 j 1955 General & refunding 5s a Gen & ref 5s series b Gen & ref s f 4 36s ser c Sale 6 . 1836 1736 53* 1854 1736 1836 1736 336 1834 1736 1836 1736 22 2034 ms — 1981 1st & ref 5s series i a Certificates of deposit 21 13 2736 Mar. 2 1456 Mar. 13 3134 Mar. 2 154 6834 5536 4834 rr— Prior lien 5s series a 254 154 65* 536 636 4936 j 75,000 132,000 6s debentures 1965 594,000 Montana Power 1st & ref 35*s-_l966 14,000 Mont Tram 1st & ref 5s series a-1941 131,00.0 122,000 244,000 82,000 15,000 11,000 )P p 7 9 33* f ^ * 24,000 450,000 33 MN 40-year 4s series b 1962 Pr uen mtge 434s ser d 1978 ACum adjust 5s series a Jan 1967 t AMissouri Pacific rr co— Alst & refund 5s series a 1965 a Certificates of deposit ^General 4s__—1975 a 1st & ref series f 1977 a Certificates of deposit— a 1st & ref g 5s ser g 1978 a Certificates of deposit a Convertible gold 536s 1949 a 1st ref gold 5s series h 1980 a Certificates of deposit a 27 M s j* aM St p & s s M 4s stpd guar.1938 * a 1st cons 5s 1938 ♦Alst cons 5s grd as to int 1938 a 1st & ref 6s series a 1946 33",666 a 25-year g 5ms 1949 39,000 a 1st ref 5 34 s series b 1978 68,000 ± iMissouri-Illinois rr 5s ser a_ -1959 422,000 Mo Kan & Tex 1st g 4s 1990 Missouri-Kansas-Texas 2636 1354 2736 1934 1962 q Ref & ext series 5s a__: ~ 690,000 75 25 45 5436 1634 Sale 1949 x iMinn & St Louis 5s ctfs a 1st & refund gold 4s a 48 26 40 9 Feb. 20 Mar. 30 102*8! Mar. 29 1 8334 Feb. 80 34 Milwaukee & Northern rr— 1,000 30,000 20,000 5,000 34,000 5,000 6,000 348,000 39,000 84,000 72)4 5136 3156 3554 3336 2256 8236 Jan. 20 Feb. Feb. 107 2534 Mar. 2854 Mar. Mar. Mar. 14 Mar. 31 Mar. 29 Mar. 77. Jan. 1 52 10354 Mar. 10554 Mar. 13 2436 Mar. 9 Mar. Mar. Mar. 11 Mar. 17 Mar. 10 Jan. Jan. Mar. Mar. 1 Mar. .2 Mar. 9 83 7 10 Mar. 28 Feb. Jan. Jan. 3936 Jan. 101 14 10 23 28 35 93 67 Mar. Mar. Jan. Feb. Mar. Mar. 9934 9356 8936 8554 10036 8734 11136 10536 Mar. 81 80 101 Jan. Mar. 31 Mar. 29 20 9454 9054 7034 1436 Jan. 30 "84"" 10 78 35 28 94 87 7234 Mar. 30 5136 Mar. 9 Mar. Sale Sale 8 Mar. 4636 Mar. 2534 Mar. 2854 Mar. Sale 102 81 9936 jan. 107 68 Sale 28 Mar. 11 Mar. 17 Mar. 10 Mar. 9 10536 Mar. Mar. 51 2534 7 10 28 10536 Mar. 2436 Mar. Mar. Sale 72 9 1 9736 8236 110 77 Mar. 8 7054 10554 Mar. 13 10454 *2436 Mar. 16 2436 74 10656 "83"" 20 Sale Mar. Sale Prices Jan. 17 27 83 Jan. 10 8654 Jan. 10 80 87 128 Mar. 27 12954 5 126 12254 Jan. 79 Jan. 26 9234 Jan. 23 110 108 4 10734 10534 Jan. 9934 9354 8936 8554 10034 8734 9854 Mar. 85 107 2254 Sale 20 Sale Prices 10 1 Highest 8154 Jan. 14 101 8656 Mar. 83 98 Sale 101 81 10154 j 1940 j Midland of n j 1st ext 5s 29 Mar. Mar. Mar. 89 Sale 74 105 8534 31 Sale 81 m s mn 72 IP 81 1 AMan g b & nw 1st gu 32,000 Marion Steam Shovel s 79,000 Market Street Ry 1st 7s—Apr 1940 q j 51,000 Mead Corp 6s with warrants 1945 mn 10636 107 46 Sale 27 34 315*4 2754 1734 Sate Prices 10936 Sale 40 Sale Prices Lowest 84 Sale 9054 Sale 8454 8534 7636 8354 10034 Sale Sale 667,000 %k Manhattan Ry (n y) con g 4sl990 96.000 a Certificates of deposit 38,000 a 2s 4s 2013 3,000 Manila el Ry & Lt 1st 5s 1953 11,000 Manila rr South lines 1st 4s—1939 19,000 S3 HIS M 111 a25 a— 1960 j D Feb 1 1957 mn Highest 9136 100 95 Lower Austrian Gen mtge 4 36s series 94,000 Manati Sugar 4s s f 15,000 Ask 85 10034 Sale 9454 98 8934 Sale 845* 87 8154 83 9854 Sale 8334 96 72 110 71,000 McCrory Stores Corp s f deb 5s_-1951 mn 40,000 Maine Central rr 4s series a—1945 j D 23.686 Lowest Mar. 2 Mar. 87 Sale 8354 Mar. 1 87 Mar. 128 129 Sale 128 Mar. 27 12836 Mar. 126 Sale Mar. 20 126 12636 125 Mar. Sale 83 Sale 83 Mar. 1 9234 Mar. Sale 10934 10936 10834 Mar. 25 110 Mar. 106 Mar. 10654 10736 10834 106 4 10734 Mar. §1* 70 104 46.000 37,000 84 83 South Ry joint Monon 4s Atl Knox & Cin div g 4s a Mar. 31 Ask Bid 9136 8234 1945 M s 105 Unified gold 4s 1940 1st & ref 5s series b 2003 1st & ref 436s series o— 2003 1st & ref 4s ser d -—2003 1st & ref 3 5*s series e 2003 52.000 24 a,000 Bid 80 Louisville & Nashville rr— 512,000 RANGE SINCE JAN. Jan. 3 so. 40 124)4 12354 20 30 25 1836 36 jan. 4 54 Mar. 3 10554 Mar. 18 10936 Jan. 11 60 123 Mar. 20 124 Mar. 27 12254 Feb. Jan. 6 124 2754 Jan. 2734 Jan. 26"" 22 Mar. 30 2654 Mar. 16 22 2456 24 Mar. 18 24 2236 Feb. 27 Mar. 18 Mar. 30 11 10 10 n. y. stock April, 1939] Sales in Value Ask Bid 124* 125* 37,000 New England T & T 30-yr 5s A-1952 J d 51,000 1st g 4*s series B 1961 MN 1986 4s Mar. 1939 126 Bid F Sale 124 108* 155,000 104 53M Sale 103 * Sale 1955 93,000 New Orleans Term 1st 4s guar-*1953 4,000 t**NO Tex & Mex income 5s_-1935 26,000 AFirst 5s series B 1954 ^Certificates of deposit C 1956 1956 1954 Alst mtge gold 5s series Alst 4*s series D 23,000 •76,000 Alst 5*s series A ACertificates of deposit 1945 gu g 4*s New York Central RR— 864,000 900,000 724,000 34 M F A A O 32M 36 * 39 M Sale J Guar 4Ms series B—------1,666 AN Y L E k W Coal & RR 5Ms. 3,000 ADock & impt 1st 5s. -_ 5,000 N Y & Long Branch gen 4s.--. 84,000 282,000 88,000 43,000 235,000 t AN Y & N Eng (Bost Term) 4s. New Haven & Hartford— J ANY 4s 59 M _— 116"" 70 Sale Sale 63 M MN o Sale 67* Sale 17M 34 F A 105 F A 104* 106 M 54 59 M Sale 53 49 125 M A 116* H6M 14M 18M 97 99 M 68 M 50 1973 MN 1942 MN 14* 14M 15* 15M 15M 15 * 17 * 25 M O O J 1955 j 1956 MN j M 1995 J D 1942 A O 4 65 * O 48" * MJV J J J D M s A O A. .1974 --1974 90 9 30 60 Sale 60 48 Mar. 78 75 Mar. Sale 60 Jan. 26 79 78 Jan. Jan. 26 Mar. 4 71* 59* 83* 86* 72* 84* Mar. 53 108 Sale Sale 108* Sale Sale Sale Sale 63 3* 110* Mar. 13 86* Mar. 20 72* Mar. 17 Mar. Mar. 25 104 Jan. 50 Mar. 59* Mar. 11 106 49 Jan. Feb. 52* Mar. 107* Mar. 108* Mar. 108* Mar. 14 Mar. 11 Mar. 10 16 17* Mar. 21 17* Mar. 21 17* 100 101M 101* Mar. 30 101* Mar. 30 100M 105 56 Mar. 3 63 Mar. 14 53 54 59* 57* 70 70 13 13* 15 Sale "54~" 50 "65"" 11M 10* 11 13* 13* 15* 13 15 11M 60 Mar. 15 54 Mar. 15 33 50 Mar. 18 50 Mar. 18 50 Jan. 11 50 Jan. 11 70* 99* 70 Mar. 17 70* Mar. 17 70 Mar. if 75* Jan, 9 13 11* Mar. 10* Feb. 11* Feb. 11* Jan. 11* Jan. Feb. 25 Sale 11* Mar. 31 13* 13M 13 Mar. 10 12 Mar. 28 13 12* Mar. 17 12* 12 Mar. 30 12 Mar. 31 Mar. 8 13* Mar. 13 14* Mar. 13 20 Sale 20 Sale 5* Sale Mar. 2 12* Sale 5* Mar. 20 12* Mar. 31 7 Sale 17 Mar. 4 53 Sale 53 Mar. 31 57 3 53 6* Mar. 31 3* Mar. 25 8 Mar. Mar. 4* Mar. 7 Mar. 16 54 53 7M 3* 55 8 4* 6* 3* "58"" 50* 109* 105 M 97 M 105 M 106 99* Sale 105* 52* Sale 68 75 Sale Sale 10 Sale 36 45 15 Sale 60 50 119 Sale 122 60 Sale 105 ---- Sale (100*Sale 15* Sale 42 M 38 109* Mar. 104 Sale 104 99* 102* 5* 39 184,000 Northern States Power 3*s____1967 F N'western Teleg 4M8 extended-1944 J A 107* J J 6* 5* Sale Feb. Mar. 31 106 Mar. 3 104 1 104* Mar. 4 93 17 105* Mar. 10 Mar. 28 1 106 8 Mar 8* 45* 7 Mar. 41 Mar. 7 Mar. 8 102* Mar. 1 45 111 Mar. 30 26 80 Mar. 16 25 81 Mar. 10 23 4 97 Sale 49 120* Sale 2 1 Mar. 55 Mar. 24 120* Mar. 123 Mar. 10 118* Jan. Mar. 24 106 Mar. 24 106 55 4 106 39 59 Sale 45 55* Mar. i7 55* Mar." 17 56* 109* 59 Sale 51 Sale Sale 55* 61* Sale 81 Mar. 57* 55 108 58 Sale 9 18 85 Mar 31 53* Mar 61* Mar 1 53* Mar. 13 60* Mar. 11 31 Mar 30 74* Mar. 11 65 Mar. 10 57* Mar 107* Mar 24 64 80 Mar 47 57 Mar. 10 20 109* Mar. 109* Mar 31 3 105* Mar. Mar 116* 115 116* Mar 7 113* Mar. 3 116* Mar. Mar. 30 110 Sale" J 104 J 80 D J D 56* 112* Sale J D 109 Sale J D 107 Sale 61* Sale 50 Mar. 24 107 Feb. 9 8 55* Mar. 17 50 Feb. 31 85 Mar. 24 53* Mar. 13 60* Mar. 11 Feb. 2 Jan. 27 109 115 117* 105* 77 M 56 112M 110* 108 79* Jan. 46 Jan. 31 61 * Mar. 31 54 Feb. 15 55 Jan. 24 53 Jan. 107* Jan. 7 9 74*<Mar. 11 65 i Mar. 10 ir. 10 109* Mt. 3 64 M 6* Mar. 23 J Mar. 10 100 100 113 J 7 123 115* 105* 104 J 5 Mar. 109 J Jan. 15 Mar. 104% Mar. 11* Mar. 15* 13* Mar. Sale 59 Jan. 10513j2Mar. 16 Mar. 97 104% Sale 11* 10* 3 6 109* Mar. 29 111* Feb. Feb. 6 109* Mar. 22 108 Jan. 27 100* Mar. 7 95 100* Jan. 30 10513s2Mar. 2 17* Jan. 4 11* Mar. 31 15* Jan. 5 12* Feb 20 60 Jan. 10 Feb. 9 54 109* 109* 109* Mar. Sale 109 108* Mar. 110 Sale J 8 11 Mar. 30 Feb. 113* Sale D 3 111 62 104 J Mar. 102 *6 Mar. 30 103* Jan. 108* J an. 17 8* Mar. 23 45 70* Jan. Mar. 3 Mar. 8 Mar. 22 Mar. 7 113 J 1 Mar. 17 Mar. 10 105* J 5* Feb. 41 4 28 3 Mar. 16 3* 111* 109* 100* 104* Sale 110* 113 107 M 109 113* Sale !15* 116* 22 105* Feb. Mar. 28 12* Jan. 9 Feb. Feb. 17 81 107 MN 24 80 A Ontario Feb. 18 104* Mar. Mar. D Ontario Power N F 1st b* Sale 106* Sale 101* Sale 20 Mar. Mar. D J 8 7 Jan. 3 F M S 9 Jan. Mar. 16 75 J J Jan. 71 J 1967 1972 1966 16 Sale 3* 6* 5* 5* 105* 107 107* Sale 108 108* 103* Sale 109 109* 108 6 Jan. 101* Jan. 9 8* Mar. 23 Jan. 110* 4 Feb. Sale 47 100 4* 109 4 Jan Sale 53* 66* Sale Sale Sale Sale 1 110* Mar. 13 Jan. 47 56* Sale 9* 77 54 Jan. 3 20 3 Sale Sale Sale 83 48 M 68 103* Mar 5 5 3 Jan. 75 45 Sale 38 59* 58* 6* Mar. 3* Mar. Jan. Jan. 78 38 Sale J Sale Mar. Jan. Jan. Mar. 31 99* Mar. Mar. 50 102*6 Mar. 102M6 Sale 110* 111* 108* Mar. 49 Sale J 20 Mar. 16 50 83 53 J 54 Sale 51 82 2 15* 15* 17* 27* 8* 17* 57* 9* Jan. 11 12* Mar. 77 58 113 ---. 107 Mar. 4 Mar. 13 Mar. 4 Mar. 7 4 Sale 102* Sale 108* 109* 63 75 73 M 78 3* Sale 110* 111* 108* 98 4M Mar. 13 14* 14* 16* 24* Mar. 31 110 104* 10* 7* 6 7 Sale 14 60 60 51* 110* Sale 1965 13 13* Mar. 13 3 15* Jan. Jan. 4 16 5* Mar. 12* Mar. 40 17 27 54 Sale 12 Jan. 117* Jan. 58 16* 15 54 MN 6 60 24* 6* Sale '5 23 126 7 17* Jan. 19 5 101* Mar. 30 Mar. 14 27 63 Jan. 17 61 Jan. 16 58 Feb. 17 Feb. 1 12* Mar, 31 Sale t AOgden & Lake Ch 1st guar g 4sl948 a4s stamped 1948 J J Ry 1st 4s__ —1943 M S it* Jan. Sale 17 Ohio Connecting 17 12* 96 J 6 106* Jan. 23 Mar. 11 2 99* Jan. 56 Feb. Sale 11 Mar. 25 27 107 Mar. 11 1 50* Feb. 107* Jan. 27 108* Jan. 19 107* Feb. 23 109* Jan. 14 123* Jan. 116* Jan. 102 35* 71* Mar. 15 59* Mar. 10 26 Mar. 30 12 77 4 Mar. 6 67 Mar. 24 125* Mar. 13 124* 124* 124 116* Mar. 8 117* Mar. 13 O 106 70 68* Mar. 13 26 14 M Sale 108 115 84* Mar. 9 85* Mar. 13 62* Mar. 10 28 27 12* 16* 5M 10 10 10 10 10 Jan. Sale Sale 20 56* Jan. Sale Sale Feb. Mar Mar. Mar. Mar. Mar. 73* Jan. 78* Jan. Sale Sale 3 16 48 106 58 4 Jan. Mar. 15 Mar. 109 Jan. Jan. Mar. 13 Mar. 20 Mar. 17 67 107 5 Mar. 10 116M 117 54* 73* 82* 62* 69* 77* 52* M r. 31 64* Feb. 21 60* Feb. 16 13 J Oregon RR & Nav con g 4s ..-1946 Oregon Short Line 1st con g 5s. -1946 1st guar cons 5s stamped__---1946 Ore-Wash RR & Nav 1st & ref 4s 1961 Otis Steel 1st mtge 4Ms A 1962 Pacific Coast Co 1st g 5s_. 1946 Pacific Gas & El 4s series G„__1964 1st & ref mtge 3 Ms series H..1961 1st & ref mtge 3 Ms series I-..1966 10 Sale J 1946 5s__---1943 Transmission 1st 5s 1945 Sale 53 M Sale 99 M J 4s debentures Sale 52* A $1 Jan. 52* M »r. 31 58* Jan. 28 109* Sale F O 106* 107 Sale 50 A A 76 10 10 36* 35* 39* 34* 109* 27 12 Mar. Mar. Mar. Mar. Mar. 68* Mar. 13 1 Mar. Sale 75 72 103 * 103* 108 M Sale M S Mar. 21 64* Mar,. 48 50 5* Sale M S Mar. 31 Sale MN *t ANorfolk South 1st & ref 5s A_ 60,000 ACertificates of deposit1941 MN 5,000 *t ANorfolk & South 1st g 5s 97,000 Norfolk & West Ry 1st con g 4s _ 1996 A O t ANorthern Ohio Ry 1st guar 5s Apr 1 1935 and sub coupons_-1945 AOct 1938 and sub coupons-. 1945 ACertificates of dep stamped April '33 to Oct '38 coup - .1945 Northern Pacific prior lien 4s__1997 Gen & lien ry & Id gt 3s__Jan 2047 Ref & impt 4Ms series A 2047 Ref & impt 6s series B 2047 Ref & impt 5s series C 2047 Ref & impt 5s series D-------2047 104 67 * T'j Jan. 73* 82* 62* 69* 77* Sale 8 1993 A 20 63 84* Mar. 9 85* Mar. 13 62* Mar. 10 Mar. 31 Sale 60 \V* Feb. 10 10 70 68 21 Sale s 84,000 N Y Tel 1st & gen s f 4Ms-1939 28,000 1967 Ref mtge 3 *s series B 14,000 N Y 1946 Trap Rock 1st s f g 6s 1946 36,000 6s stamped -----68,000 j#aN y Westches & Bos lst4Ms 1946 42,000 Niagara Falls Power 3 *s___--- 1966 13,000 1955 Niag Lock & Ont Pow 1st 5s A_. 86,000 Niagara Share (Mo) deb 5*s._ 1950 127,000 fNord Rys extl s f 6*s_._- ---- 1950 1961 59,000 30 111 68 95 1947 M s Jan. Sale Sale 60 Sale Elec3*s Mar. 30 Mar. 31 Sale 60 12* 4s 9 52* 68* 50 Sale 1st mtge 4s 1st mtge 3 Ms 6 Mar. 82 56 55 North Cent gen & ref 5s ser Gen & ref 4Ms series A Mar. 35 79* Mar. 31 80* Mar. 2 52* Mar. 31 75 74* 54 _. 32 Mar. 64 50 47 M 1954 MN 4s Mar. Sale 107 .5 27 Sale 106M 9 Jan. 4 36 79* 86* Jan. 32 64 77* 84* Jan. 35 Sale 59* 52* 3 37 11 Mar. 33* 109"" 6 34* Jan. 26 4 Sale 66 J 1943 j 1941 M S 1939 A O 8 4s. 17M 30 2 10 Jan. 9 32* Mar. 77* Mar. 1 52* Mar. 31 59* Mar. 31 81* Sale 80 M Sale 59 Sale 64* 70 64* Sale Mar. 29 31* Mar. Sale Sale Sale 124* 116* D 17 N Y & Putnam 1st con guar 31 78* 69 Mar. 20 104* Feb Jan. 13 104* Jan Feb. 20 74* Mar Jan. Mar. 33 63 107* 105M F 59* Mar. 10 Mar. 20 103* Mar. 7 1 Sale 107M 108 108 M Sale J Mar. 31* 67* 1992 M 4 128* Feb. 17 5 126* Feb. 28 Mar, 28 109* Mar. 16 Mar. 1 9 75 Jan. Jan. 26 59* Mar. 10 Mar. 30 63 82 O 1st 4s. 4s 35 HI 75 Sale Sale Sale 59 Sale 65 M Sale 84 M —- 33 M Sale 66* 77* 64 M 54 1957 MN 1967 j d of 1927-.-. 109"" 74* 1940 A Mar. 30 78 ADebenture 4s For footnotes see page 30 IV 34 34 Sale Sale ACollateral trust 6s Oklahoma Gas & 30 31 * 61* 53* O A j Ohio Edison 1st mtge 30 74 A 101 * 73,000 4,000 179,000 98,000 418,000 30,000 56,000 22,000 3,000 35,000 28,000 21,000 405,000 96,000 21,000 218,000 165,000 164,000 c,3^ Sale 30 F A A Sale Prices Sale Prices Mar. 31 104* Mar. 2 Mar. 31 74* Mar. 10 Mar. 29 Mar. 13 31 M S F F J 291,000 New York Steam Corp 3*s_-_- 1963 j 24,000 t * AN Y Susq & West 1st ref g 5s_ 1937 * 1937 F a a Second gold 4 Ms 38.666 1940 F a AGeneral gold 5s_ 18,000 1943 MN ATcrminal 1st gold 5s 488,000 631,000 73,000 978,000 72,000 94,000 65 80* 59 M 66* 64* o 109 1,000 103 Sale J a 38,000 N Y & MN Queens El Lt & Pr 3Ms.. 1965 New York Railways Corp— 21,000 J 1958 J Prior lien 6s stamped 149,000 N Y & Rich Gas 1st 6s A 1951 MN 1,000 Sale Sale Sale Sale 75 66 1956 J 1948 J _ tAN Y Prov & Boston gen Sale 83 M 1947 A 1954 A ANon-conv debenture 3 Alst & ref 4Ms ser 103M 103 M 103* Sale 104 103* 71 65 66 M Sale J 3 Ms— Ms— ANon-conv debenture 4s ANon-conv debenture 4s_ AConvertible debenture 3 Ms.. AConvertible debenture 6s ANon-conv debenture 22,000 t AHarlem R & Pt Ches 89,000 UN Y Ont & West 1st g 22,000 AGeneral 4s "1,666 _ 108 M 67 M 77 M 3,000 aN Y & Greenwood Lake 5s... 1946 MN 1,000 n Y & Harlem 2000 MN g 3 *s_ 21,000 N Y Lack & Western 4s ser A_. 1973 MN ANon-conv debenture 1 Highest 124* Jan. 123* Jan. Mar. 28 109* Mar. 16 Mar. 1 75 107* 70* 53* 102* Sale 53 M 45 35 2013 2013 1952 A Conv secured 3 *s Lowest Highest Ask Sale Prices Sale Prices Ask Bid 126 Mar. 1 127* Mar. 8 125* 127 Sale 125* Sale 125* Mar. 23 126* Mar. 10 72 36* A .1946 f „ 10,000 20,000 57,000 25,000 54,000 37 M F 327,000 N Y C & H R g mtge 3 *s 1997 226,000 Debenture 4s of 1912 1942 1,027,000 Ref & impt 4*s series A 2013 83,000 Lake Shore coll g 3*s 1998 120,000 Mich Cent coll g 3*s 1998 New York Chicago & St Louis— 411,000 ARefunding 5*s series A 1974 2,201,000 ARefunding 4*s series C- — -1978 103,000 4s collateral trust 1946 28,000 1st mtge 3 *s extended to 1947 22,000 3-year 6% notes ___--1941 170,000 N Y Connecting 1st gu 4*s A-.1953 1st gtd 5s series B 1953 150",000 N Y Dock 1st gold 4s 1951 53,000 Convertible 5% notes 1947 118,000 N Y Edison 3Ms series D------1965 100,000 1st lien & ref 3 Ms series E---1966 N Y& Erie—See Erie RR. 36,000 N Y Gas El Lt Ht & Pow 5s.-.1948 24,000 Purchase money coll tr g 4s._1949 " 70 Sale 35 31 1998 Consol 4s series A 10-year 3 *s secured s Ref & impt 4*s series Ref & impt 5s series C Sale 67 M J Lowest ----- 33 Npt & Cin B gen 481,000 356,000 Mar. 31 108* 109* 107* 108 ~66* 63 _ 1st & ref 5s series B 126M 1 90 * A 83,600 N J Pow & Light 1st 4*s 1960 24,000 New Orleans Great Nor 5s ser A 1983 44,000 N O & N'eastern ref 4*s ser A-1952 115,000 New OrleansP S 1st & ref 5s A--1952 "3",000 RANGE SINCE JAN. Jan. 3 n. y. stock exchange N J Junction RR gu 1st PRICES IN MARCH Price BONDS March 37 exchange—bonds 4* 5* Sale 105* 108 106* Sale 6 Mar. 4 6 Mar. 4 3 107 Mar. 107 Mar. 107 Mar. 106 Jan. 3 18 106 Jan. 108* Feb. 108* Feb. 5* Mar. 28 107 Mar. 106 Sale 106* Mar. 19 107* Mar. Mar. 31 108* Mar. 106 104* Sale 103* Mar 109 109* 109* iio" 109 115 Sale 116* 117 117* 117* Sale Sale Sale 104* 106 Sale 72 72 79* 58 56* 58* Sale 111* 112* Sale Sale 110* 111* Sale Sale 107* 108* Sale Mar Mar 1 1 Mar. 101* Jan. Mar. Jan. Mar M?r 6 72 Mar 55 Jan. 30 2 Mar 27 110 Jan. Mar. 31 Mar 58* 21 112* 1 111* 1 109* Jan. Mar. Mar 79 107* 113* 116* 103* 3 116* M r. 10 8 16 118* Mar. 4 28 106* Mar. 9 31 81* Jan. 116* Mar. 10 Mar Mar 28 Mar. 2 105 14 109* Mar. 16 107 Mar. 31 1C5* Feb. 11 104 9 113* Mar. 11 112* Jan. 112* Jan. 20 116* M.r. 3 105 3 118* Mar. 20 106* Mar. Mar Jan. Jan. Jan. Mar. 111* Jan. Mar. 109 Jan. 105* Jan. Mar. Jan60 28 113* Jan. 3 111* Jan 28 109* Mar 10 9 21 29 •ts N. Y. STOCK EXCH VNGE-BOND8 Price Sales in March BONDS II N. Y. STOCK EXCHANGE •Sta¬ 1939 RANGE SINCE JAN. 1 Jan. 3 Value Bid $ * APacific RR of Mo 1st ext 4s__1938 4,000 *A2d extended gold 5s 1938 66,000 Pacific Tel & Tel 3 %s series B__1966 Ref nitge 3 Ms series C 34,000 1966 Paducah & Illinois 1st s f 4Ms.. 1955 91",006 Panhandle Eastern Pipe L 4s A_1952 Paramount Broadway Oorp— 15,000 1st mtge s f g 3s loan ctfs 1955 Paramount Pictures Inc— 107,000 Sinking fund debenture 6s—1955 158,000 3 Ms conv debenture. _ - - - - -1947 103,000 TParis-Orleans RR Ext s f 5%s_1968 48,000 Parmelee Trans conv deb 6s 1944 1,000 Paterson & Passaic G & E 5s.. -1949 1,000 iPaulista Ry 1st & ref 7s ser A.. 1942 28,000 1 6,000 "2", 660 16,000 473,000 73,000 8,000 Pennsylvania Co— Guar 3Ms coll tr ctfs ser B..-1941 Guar g 3 Ms tr ctfs ser C _ - —1942 Guar g 3 M s tr ctfs ser D .... -1944 40-year guar tr ctfs 4s ser E..1952 2 8-year 4s - - - - 1963 Penn Dixie Cement 1st 6s A..--1941 Penn Glass Sand 1st mtge 4 Ms-1960 Penn Ohio & Detroit RR— ff A 67 J J 63 A O J D J J M S Ask Sale 93 108 M Sale 108 M 109 101M 105% Sale F A J J 57% Sale 99 M Sale Sale Sale 50 M M S 88 M M S 100 M O 49 M S 122 A M S ... F A 99 M J D 100% J D MN 99 98 % 93 M Sale Sale MN 105% 107 M 110M MN 110 Sale 88 Sale A M 5 J Penn Pow & Lt 1st 1981 A O 13,000 91,000 66,000 306,000 139,000 955,000 359,000 691,000 450,000 131,000 722,000 10,000 68,000 48,000 17,000 36,000 116,000 51,000 164,000 245,000 61,000 Penn RR consol 1943 1948 1948 1970 94 J 534",000 v,--; w Consol gold 4s Stamped dollar bonds 4%s series A --1965 1968 J General 5s series B Debenture gold 4Ms- 1970 A 1981 A General 4Ms series D _ Gen mtge 4%s series E Conv deb 3 Ms— MN — 1984 —1952 1943 1947 1940 Peoples Gas & Coke 1st 6s Refunding gold 5s— Peoria & East 1st cons 4s Alncome4s (flat) — ---------1990 Peoria & Pekin Un 1st 5Ms A... 1974 Pere Marquette 1st 5s series A.-1955 —1956 1st 4s series B D O O 115M Sale 97 % 104% 86 M 92 % Sale Sale Sale Sale J J 93 Sale O 82 Sale A O 116M M S Sale F A 113 % 56 M 5 103 M J J 66 % Sale J J 59 M 63 Sale A O Apr 1977 - - -1981 J J J D gold 5s __ 1967 ref 3 Ms 1967 tAPhila & Read C & I ref 5s_.-i973 AConvertible deb 6s ----1949 t* APhilippine Ry 1st 30-yr s f 4s. 1937 J General g 4Ms series C General 4 Ms series D Sale A M S 1st g 4 Ms series C - - —1980 Phelps Dodge conv 3 M® deb—1952 J D Phila Bait & Wash 1st g 4s 1943 MiV General 5s series B__ 1974 F A 17~.666 Sale, Sale 6M Sale 115 Sale 108 108 M 107 M 108M 105 M 110 103 104 M 98 M Sale 110% 110M 13 M Sale M S 3M Sale 13 M Sale J J Sale Phillips Petroleum conv 3s_- —1948 M S 112M 89% Pirelli Co (Italy) conv 7s . . - - - -1952 MN "93 M Sale Pitts Coke & Iron conv 4 %s A. -1952 M S Phila Co secured Phila Electric 1st & A..-1949 19,000 PCC&StLg 4Ms series Con 4 Ms series B guar g 1,000 Con 4 Ms series C guar g J D MS A J O 104 M 108 108 M 106 1942 A O 106 M 1942 MiV Con 4s series D guar g 1945 MN 105 Con 3Ms series E guar g-----l949 F A 103 M Con 4s series F guar g-1953 J D 103 --1957 --i960 Con 4s series G guar g Con 4s series H guar g Con 4 Ms series I g 40,000 1963 23 ,°00 Con 4Ms series J guar 1964 Gen guar 5s series A 69,000 1970 80,000 General g 5s series B — --1975 211,000 General 4Ms series C.._ 1977 5,000 Pitts Va & Char 1st guar 4s. ..-1943 17,000 Pitts & West Va 1st 4%s ser A_i958 1st mtge 4Ms series B 17,000 1959 1st mtge 4%s series C 86,000 ---i960 2,000 Pitts Y & Ash 1st gen 4s ser A. -1943 1st gen 5s series 1st gen 5s series 1st 926,000 5,000 9,000 7,000 1,135,000 17,000 18,000 5,000 1,000 207,000 275", 000 159,000 248,000 93,000 9,000 14,000 4,000 20,000 21,000 74,000 243,000 12,000 3,000 5,000 73,000 108,000 C 4Ms series D 4MS--1960 112 111 MN J D A O J J Porto Rican Am Tobac conv 6s. J D 44 4s gu—1957 AProvidence Terminal 1st 4s—1956 Purity Bakeries Corp s f g 5s__-194.3 t ARadio-Keith-Orph pt pd ctfs for deb 6s & com stk (65% pd) *ADebenture gold 6s — 1941 Read Co Jersey Cen coll g 4s—1951 Gen & ref 4 Ms series A 1997 Gen & ref 4Ms series B 1997 Remington Rand deb 4%s w W-iggg Rensselaer & Saratoga 1st gu 6s. 1941 Republic Steel Corp 4Ms ser B_. 1961 Purch money 1st 5Ms conv.. 1954 Gen mtge 4Ms series C 1956 Revere Copper & Brass 1st 4MS-1956 ARheinelbe Union s f g 7s 1946 ARhine-Ruhr Wat Serv 6s 1953 AProvidence Secur deb y ARhine-West Elec Power 7s 1950 1952 1953 1955 1952 ADirect mortgage gold 6s ACons mtge 6s ACons mtge 6s Richfield Oil 4s conv deb J g 4s. 1939 AKuhr Chemical 6s 112% Sale Sale 94 M 51 49 39% 15M 108M 86 100 M 52 98 56 Sale Prices 83 Mar. 10 72 Mar. 22 1 7 103 M Mar. 31 105 Mar. 10 101 Sale 85 Sale 99 60 ..... 62 102M 103 101M 101M 102M Sale 101 Vs Sale 97 Vs Sale 106 M Sale ----- 97 M Sale Sale 53 Mar. Mar. Highest Sale Prices Sale Prices Jan. 3 83 65% Jan. 16 25 20 23 31 72 67 107% 108% 101% 103% Mar. Feb. Feb. Mar . Sale Sale 82 83 Mar. 10 Mar. 22 109% Jan. 24 109% Jan. 18 101 Feb. 23 105 Jan. 3 57% Jan. 17 Jan. 45 Jan. 102M Mar. 1 102% Mar. 28 101% 102% 102% 99% 106% 101M Mar. 101M Mar. 100H Mar. 97 Mar. Mar. 97^ Mar. 116 Mar. 113 Mar 9 HIM 110 Mar, 112% Mar 10 Sale 88 Mar, 90 Mar 11 Sale 117 Mar, 119 Mar 9 Sale 98 Mar. 100 Mar 9 Mar, Mar, Mar, Mar, Mar, Mar Mar Mar, Mar, 107% Mar 6 Mar 15 96% Mar 25 4M 56 6 105 69 106 109 Sale 61 Sale 69 64 M Sale 63 % Sale "62M 106 M Sale 113 M Sale 108 M 109 M 109 M 110 109 % 113 M 111 M 112M 110 104 109 M Sale 104 M 105 M 105 M 107 100 M Sale. 102 % Sale 111M 11M 3% 10 109 M 86 Sale Sale , 8M Sale 8 ig7M Sale Sale 93 M Sale 89 90 k Mar. 11 16 107 13% 3% 11% 111% 90% - ...... 9 Mar. 9 107% Mar. 6 90% Mar. 15 96% Mar. 25 97 90% 117% 115% 58% 6% 104% Jan. 76 Feb. ... 108% Jan. 104 Feb. 104 Mar. Jan. 98% Jan. 110 Mar. Jan. Mar. 11 Mar. 6 Mar. 11 Jan. 6 Feb. 2 Mar. 11 Jan. 3 .|110 JS110 Mar. 21 107 Mar. 18 22 109% 17 3 Feb. 7 Mar. 31 103% Feb. 17 28 112 10% Mar. 30 Mar. Mar. 25 Mar. 11 67% Mar. 16 Mar. 11 71 108 Mar. 10 27 14 Jan. Mar. 3 Jan. 24 4 Jan. 5 Mar. 8 Mar. 31 14 Jan. 3 107% Mar. 22 112% Jan. 5 89% Mar. 30 90% Mar. 10 5 93 Jan. 6 94% Feb. Mar; Mar. 104% Jan. Jan. 107 106 104 106% Jan. 115M 115M Sale 115% Mar. 105 105 112 110 115 116% 116% 107% 106% Mar. 104 110 106 M Sale 104% Mar. 105 Sale 105 1C6 Sale 105 95 M Sale 107 108 47 M 50 46 Sale Sale 108 Jan. 105 M 104 M 113 % 113 M 9 18 105% Mar. 16 108% Feb. 20 97 107 M 108 49 51% 46 M Sale Mar. 112% 102% 101% 93% 106% Mar. Mar. Mar. 98% Mar. 95% Mar. 107% Mar. 50 46 Mar. 107% Mar. 51% Mar. 51 % Mar. Mar. Mar. 45 45 Jan. 23 25 106% Jan. 12 4 105 Jan. Feb. 25 105 Jan. 25 Jan. Jan. Jan. Jan. 30 Jan. 4 heb. 25 116% Mar. 17 116% 107% 106% 4 98% Feb. 18 107% Feb. 23 51% 25 Feb. 51% Mar. 8 4 Mar. 21 23 Mar. 14 Mar. 13 Mar. 8 M^r. 15 Mar. 15 44% Jan. 30 52 Mar. 23 106 Mar. 15 5 58% Jan. 75% Feb. 10 107 37% Mar. 30 43 35% Feb. 25 41 Mar. 46 Mar. 52 Mar, 104 104 23 106 Mar. 104 Mar. 104 65 Mar. 75% Mar. Mar. 106 Jan. 31 110 — Sale 106 M 107 42 37 15M Mar. 100 4% Mar. 103% Jan. 63% Jan. Jan. 9 Mar. 11 119 Jan. 61% Jan. 106% Mar. 31 115 107M 40 90 Jan. 106 M 75 5 Mar. 112% Mar. 10 92% Jan. 77% Jan. 116% Mar. 112 % J an. 58 18 Mar. 30 113 Jan. 52 Jan. 93 103% Jan. 92 16 109 Jan. 81 28 106% Jan. 14 11 103% Mar. 112 Jan. 109% Jan. 85% Jan. 115% Jan. 97 4 31 15 98% Mar. 10 21 105% Mar. 108% Mar. 43 Sale 109 105 M 66 Sale 106% 106% Mar. 38 37% 37% Mar. Mar. 36 37% Sale Mar. 11 11% Sale 108% 109% 108% Mar. 85 81% 85% Mar. Sale 62 55 Sale 55 77 M J 14 110 28 19 108 M 62 J 11 Mar 94% Mar. Sale 71 Mar Mar. 93 Sale 74 M 55 M J 6 109% Mar. 107% Mar. 89% Mar. 70 60 O J Mar 114% Mar 110 Mar Mar. 78 D A 11 67% Mar 71 Mar Mar. Mar. Mar. Mar. Mar. Mar. Mar. Jan. Mar. Mar. 3 102% Mar. 4 100 Feb. 2 107% Jan. 107 42 Mar. 39 Mar. 15% Mar. 109% Mar. 88 11 Jan. 31 Jan. 9 Mar. 31 16% Feb. 12 109% Jan. 24 108% Jan. 81 % Jan. Mar. Mar. Mar. 1 Mar. 27 4 88 Mar. 31 Feb. 11 4 18 Mar. 14 D J Mar 76 Mar. Mar. Sale J 11 105 M 106 104% Mar. 108 108 M 108% Mar. 105M 108 107 Sale Sale Sale Sale 25 Mar 6 62% Mar. 106% Mar. 108% Mar. 106% 105% 100% 110% 10% 3% no * 94 M 94 69 61 3M Sale Mar 90% 117% 115% 58% 97 109 Sale 25 102% 19 101% 5 101 % 3 102% 104% Jan. 107% Jan. Sale Sale Sale Sale 30 110M 111M 111M 111M 111M Sale 88 M 88 % Sale 117 118M Sale 98 98 M Sale 105 M 105 M Sale Sale 84 M 86 95 H 94 M Sale 94 M 94% Sale Sale 83 81H 116M 116% 117 114M 114M Sale , 99% Mar. 97 % Mar 93 Mar. Sale J 3 109 107% Mar 53 Jan. 105% Mar 105 Sale 105% Sale 84% Sale 93% Sale 94% Sale 81% 117 116% Sale 114% Sale 53 52% 6M 4% 4M Mar. Jan Jan. Jan. Jan. Jan. Mar. 8 Jan. 20 4 58 Feb. 27 123% Jan. 18 61 1 Mar; 7 93% Jan. Sale 100 J 101% 101% 99% 98% 98% 93 108 M "Sale Sale 61 98% Mar. 10 7 89 102% Mar. 123% Mar. 105% Feb. 105 "88" 49 M Mar. Mar. Mar. Mar. Mar. Sale Sale 102 Feb. 98 123 H Mar. 24 123% Mar. 24 61 Mar. 61 Mar. 7 7 106 Jan. 8 Mar. 15 85 M 3 M 44 M 99 M "3M Mar. 109 46 Sale 102 88 1 108 102M 101M Sale 1 54% Mar. 25 Mar. 22 102% Mar. 4 Mar. 28 57% Mar. 10 105M 106 107 Sale 57% Mar. 14 54M Mar. 25 Sale 124 105 51 M S M S 70 102 M 4M Sale Sale MN F A "93" Sale MiV 107 MN 94 Sale Sale 104 4M 3 60 M 77% Sale Sale 78 Sale Sale 101 Sale 93 H 100 M Sale 91% Sale Sale 105% 92% 100% 99 M 50 Sale J Sale 39 43 J 21M Sale 20 M 25 MiV 26 M 30 30 MiV 26 M 26 M 29 M 30% 26 M 25 H 30 25 H 25 Vs 26 M 26 M F A A O M S J A D 104 M Sale 103 % 13 M 104M 20 M 39 J 41% "55"" O 19 H Sale M S M S 122% 110M 108 % M S 108 J A M S M S 12 J ""5"" J 5 J 5 A D O J J J A O 105 J J 106 106 M — Mar. 4 Mar. 46 3 40 Jan. 6 3 49% Jan. 26 100% Mar. 13 100% Mar. 97% Jan. Mar. 31 "73% "Mar ."16 62 Mar. 31 Mar. 31 61% Mar. 10 55 Feb. 24 61 % Mar. 10 Mar. 9 Mar. 10 69 Jan. 30 80 70 Jan. 100 Jan. 3 80 27 104 80 75% Mar. 20 77 101 Mar. 22 80 Mar. 31 104 91% 105% 92% 100% 38% 20% Mar. Mar. Mar. Mar. Mar. Mar. . Mar. 1 79 Jan. 18 Mar. 9 Mar. 10 Feb. 25 Sale 28 50 19 26% 26% 27 M 26% 105 Sale 104% 103 M 104 M 104% 10 M 16 M 44 M 44% 37 M Sale" Sale Sale Sale Sale 33 31 94% Mar. 14 18 106% Mar. 2 31 94% Mar. 4 17 101% Mar. 13 17 40% Mar. 2 Mar. 7 22 22 30 94% Mar. 14 18 107 Jan. 3 27 94% Jan. 9 4 101 % Mar. 13 17 51 Jan. 10 27% Jan. 6 23 Mar. 7 36 28 26% Mar. 24% Mar. 26% Mar. 26% Mar. 21% Jan. Jan. 28 Jan. 14 30% 25 27 Mar. 24% Feb. 24 Feb. 28 Jan. 14 Sale Mar. 25% Mar. 104% Mar. 26% Mar. 106% Mar. 105% Mar. 21 103: 103; 27% 107% 105% 13% Jan. Feb. 105% 104 11% zl2 Mar. Mar 12 Mar. 46 Mar. 46 Mar. 45 Feb. Feb. 33 18 Mar, 39% Mar. Mar. 20 33 Mar. Sale" 19 M Mar, 18% Sale 122% 109 109 M 108% 109% 108% Mar. 17 109% Mar. 18 108 M 108% 108 M lio"" 109% Sale 12 Mar. 6 11M 11M 8% Mar. 31 19M 89% Jan. Mar. Jan. Jan. Mar. 20 Feb. 105% 90% 99% 38% 11 12 Jan. 4 Jan. 19 Mar. 28 Jan. 17 46 Mar, 13 44 Jan. 20 Jan. 5 108% Feb. 23 111% Jan. 17 15% Jan. 7 123 Sale Sale 35 O 3 46 94/M 93 M 106 J J Sale 44% J J 1 ARutland-Canadian 4s stpd jARutland RR 1st cons g 4 Ms. 1941 J a4Ms stamped.. 1941 J For footnotes, see page 30. 113 MN 1948 A 1949 J 16,000 Safeway Stores s f deb 4s 1947 65,000 Saguenay Pow Ltd 1st M 4Ms.. 1966 1,000 St Jos & Grand Island 1st g 4s.. 1947 St Lawr & Adirondack 1st g 5s_.1996 2d gold 6s 1996 59 105 M 42 J Richmond Term Ry 1st guar 5s. 1952 J ARima Steel s f 7s 1955 F t ARio Grande June 1st guar 5s -1939 J {aRIo Grande Western 1st Sale 106 99 M S 101M 62 106 44 ---1951 J Pressed Steel Car deb 5s Sale Prices 75 Mar. 69 Mar. 105 IoIm 1942 J 1942 J Ms-1966 "45% Sale 104 107 % MN 6s stamped J*APostaI Teleg & Cable coll 5s-1953 J Potomac Elec Power 1st M 3 102M 102 M 92 % Sale 85 101 % Sale 50 55 123 M 125 105M 105 A J 1st 5s extended to 1950— ... 17",000 A F 1974 1977 a 1st con & coll tr 4s series A. .1949 Rochester Gas & El 4%s ser D..1977 Gen mtge 5s series E 31", 000 1962 Gen mtge 3 Ms series H 1967 Gen mtge 3 Ms series 1 1967 *1 ARock Is Ark & Louis 1st 4 Ms 1934 42,000 30",000 F 1C1 107 M 103 1962 Portland General Electric • 164,000 60,000 199,000 139,000 185,000 B MN 54 M 57% 101% 100 M 102 100 M Sale 99% Sale O F 54 M 102 M 91 A M 4 Ms gold 4s 101M 103 M 100M Sale Sale 94 107 M D 4%s series B Ask Sale Lowest Highest 108 M 108 M 107M Mar. 25 108% Mar. 16 109 Sale 108M Mar. 6 109% Mar. 13 Sale Sale 102 J series A--1977 Ask Bid Sale 78 H 68 101M 61M 99% 91M 106% 1st & ref gold 4Ms Bid 75 68 108 % 108 M Lowest 0 A O Gen mtge 3 Ms series C__ Consol 4%s issue of 1915—-i960 F A J D General 90,000 24,000 640,000 70,000 134,000 109,000 187,000 646,000 10,000 17,000 PRICES IN MARCH Mar. 31 Mar. 1 5M 7 M Sale Sale Sale —- 93% 88 M 26 6 5M 6M 105 M 107 106 H --- ---. 30 Sale 7 M 7M 24 5% 5 5% Sale 6 Mar. 5% Mar. 6 5% Mar. 7% Mar. 9% Sale 106% 106% 105% Mar. 106% Mar. 24 Sale Mar. 9 105% Mar. 2 107 106% Mar. 15 106% Mar. 15 93M 93% 88M 88% Sale 106 107% ---- .... 8% Mar. 31 13% Jan. 7 26 30 Feb. 18 26 Feb. IS 4 Jan. 26 6 Feb. 28 5% Jan. 4% Jan. 25 17 5% Jan. 25 7% Mar. 6 104% Jan. 105% Jan. 106% Jan. 106% Feb. 27 107 Mar. 107 Jan. 9 25 Sales in 81 BONDS March Value n. y. STOCK N. Y April, 1939] Mar. 1 1939 •»«&< Ask Bid Bid i 367,000 78,000 170,000 a*River & Gulf Div 1st g 4s.--1933 M N ACertificates of deposit ASt LPeo&NW 1st 5s . t L Y'j -1948 . Sale 64 - - _ Sale 16 J J 54 34 57 1950 J Rky M & Pac 5s stamped J 13 34 13 M Sale Sale 1955 {ASt Louis-San Francisco Ry— APrior lien 4s series A ACertificates of deposit APrior lien 5s series B . 1950 J J 14 Sale ACertificates of deposit-- 1334 __1978 M S ACertificates of deposit stamped 28,000 731,000 222,000 13 M 13 M Sale Sale Sale ACon M4^s series A_ 162,000 {ASt Louis Southwest 1st g 4s—1989 13,000 A2d gold 4s income bond Nov 1989 64,000 *Alst terminal & unif 5s 1952 81,000 AGen & ref 5s series A __1990 1,000 St Paul & Duluth 1st consol 4s-_1968 34",666 63 M M N 6134 J 35 M 23 M J J J J J J J Sale 64 40 Sale 63 12 M Sale 15M 77 ( 11M Sale 11M Sale 1334 56 M 11 10 M Sale 12 Sale 11M Sale 60 62 34 Sale 14M 31M 22 M 13M ' A 14 34 50,000 San Ant & Aran Pass 1st guar 4s 1943 J 28.0UU San Antonio Pub Serv 4s __l963 A _ 19,000 San Diego Cons G & E 4s -1965 5,000 Santa Fe Prescott & Phoenix 1st 5s'42 13,000 { ASchulco Co guar 634s 1946 10,000 AStamped— 17,000 AGuar. sinking fund 634s B—1946 35,000 AStamped ; 8M Sale 7,000 *{ ASeaboardAir Line 1st g 4s—1950 * 61,000 AStamped 4s 1950 10,000 AAdjustment 5s Oct 1949 101.000 ♦ARefunding g 4s 1959 14,000 ACertificates of deposit" 542,000 Alst & cons 6s series A 1945 61,000 ACertificates of deposit- 130,000 ACertificates of deposit--- 1952 Shinyetsu El Pow 1st 634s ASiemens & Halske deb 634s ASilesia Elec Corp 6 Ms. Silesian Am Corp coll tr g 7s 508,000 192,000 110 J J 16M 2734 J J 18 A O 29 22 34 30 A O 27 M 32 A O A O F A A O M S 17M 1734 3 34 734 6M 21 Sale Sale Sale Sale 11 Sale ~ " S 934 1634 A 4 34 10M 19 Sale A J 434 5M 104 M Sale D 54 61 S 74 77 A 2134 23 76 79 M 98 M Sale 1951 103 M Sale 334s--l950 106 34 Sale 1963 111M -1968 May 1 1969 1981 1946 San Francisco Term 1st 4s 1950 745,000 South Pac RR 1st ref guar 4s—1955 4s stamped 1955 645",665 Southern Ry 1st cons 5s 1994 1.733,000 Devel & gen 4s series A 1956 258.000 Devel & gen 6s series A 1956 592,000 Devel & gen 6 Ms series A 1956 6,000 Memphis Div 1st g 5s 1996 57,000 St. Louis Div 1st g 4s 1951 79,000 Southw Bell Tel 3 Ms series B —1964 250.000 1st & ref 3s series C 1968 22,000 S'western Gas & Elec 4s ser D-.1960 89,000 {ASpokane Internat 1st g 5s 1955 8,000 Staley (A E) Mfg 1st mtge 4s—1946 284,000 Standard Oil N J deb 3s 1961 245,000 15-year 2 Ms debs 1953 236,000 Studebaker Corp conv deb 6s..1945 153,000 Swift & Co 1st M 3 Ms 1950 A O 106 M 109 M F A J J J D Sale Sale 100 101M 90 M 91M A O 101 Sale J D 56 Sale M S 110 19 19 30 30 18 16 3 6M 4M 824 7M 1424 3M 3 104M 98 M 104 M 106M 2324 Mar. 4 1424 Mar. 10 8734 Mar. 24 834 Mar. 7 9834 Mar. 13 11724 Mar. 2 6434 Mar. 6 10624 Mar. 21 3 11134 Mar. 24 11 11034 Mar. 11 31 18 Mar. 20 1834 Mar. 9 Sale 25 Sale Sale 5M Sale 8 16M Sale 120M 16M 18 11 2M 4M 3M 634 6M 13 234 4 Sale 3 Sale 5 Sale Sale 16M Sale 3M Sale 104M 55 M Sale Sale Sale Sale 96 103 M 106 Sale Sale 104 9334 3 Mar. 1 3 Jan. 4 634 Mar. 6 434 424 634 634 Mar. Feb. Alar. Alar. 8 Mar. 18 10324 Mar. Mar. 17 934 Mar. 834 Mar. 16 6 32-4 Mar. 9 Mar. 10434 Mar. 21 Mar. Mar. 82 Mar. Sale Sale 105 Mar. 115 9934 10424 10724 11734 10224 Mar. Mar. Mar. 18 10824 10624 Mar. 11 10724 10924 Mar. 22 11024 10334 Mar. 2 10434 107 Mar. 1 10424 5824 6134 5724 5724 5734 10324 Mar. 48 Sale 48 Mar. 50 Sale 50 Mar. 53 M Sale 53 M Sale 4634 45 24 Sale Sale 4634 Mar. 4524 Mar. Sale 46 Mar. 59 Mar. 84 M 71M Sale Sale J 83 M Sale A 5924 73 M 75 M Sale 88 852 Sale 95 Mar. Mar. Mar. Mar. Alar. 18 18 Mar. 31 10634 Jan. Alar. Mar. Mar. 106 Jan. 3: 20 J an. 3 5 Jan. Jan. 105 Feb. 62 7524 Jan. 2134 Jan. 5 82 Mar. Feb. 1 3 10424 Mar. 7 Mar. 31 4634 Mar. 31 4524 Mar. <jl Mar. 9 3 3 1 9 Alar. 31 46 8 5 10434 Mar. 95 Mar. 50 Mar. 7 12 24 10824 Mar. 11 Feb. 3 3 108 48 Alar. Mar. 4 Feb. 9 11024 Feb. Jan. 9 15 Mar. 4 101 4 Mar. 11 10034 Jan. 9034 Jan. Alar. Mar. Alar. Alar. 4 3 10934 Feb. Alar. 3 Jan. 96 Mar. 31 9934 10224 Mar. 18 105 Mar. 22 10734 105 Jan. 115 17 11734 Mar. 68 224 Alar. 31 65 9- 3 1024 Jan. 17 Jan. Mar. 2034 Feb. Mar. Jan. Jan. 7 624 Jan. 11 103 24 Feb. 21 Jan. 27 55 2 6434 Mar. 2124 Mar. 65 14 3 Mar. Sale 63 7 6 Mar. 3 Mar. Sale 90 M 26 11624 Feb. 1924 Mar. 1724 Jan. 1 54 Sale 23 20 Mar. 224 Mar. 31 92 Feb. Jan. 3124 Jan. Mar. Jan. 57 68M 20 30 Feb. 11 65 103M 104M 1032-8 Sale 11034 Mar. 11 1934 Feb. 25 15 18 6434 Mar. Sale Feb. 4 Mar. Sale 110 9 58 116 4 21 Mar. 5 9 Jan. 9 15 3 96 Jan. 12 Mar. 4 Jan. 5 Mar. 24 1924 Mar. Mar. Sale Mar. Mar. 31 4J4 Mar. 31 434 Mar. 29 634 Mar. 31 634 Mar. 31 14 65 3534 23 34 1524 8724 10934 Jan. 1524 Feb. 11624 Feb. Mar. Jan. Jan. 1334 Jan. Feb. 18 6834 Jan. 11 10624 Mar. 21 11234 Jan. 25 2734 Mar. 3 14 118 Mar. 27 1 14 Mar. 57. 9 Mar. Jan. 1324 Jan. 1434 Jan. 106 4 18 11 1734 Jan. 4 6234 Mar. 24 9834 Jan. 634 Mar. 30 9734 Feb. 11524 Jan. Mar. 56 Sale 1024 Mar. 31 8734 Mar. 24 2924 Mar. 67 M 65 28 26 Mar. 30 28 57 "19M "83M 18 Mar, 31 Sale Sale Sale Mar. 31 5724 Feb. 17 8424 Jan. 3 5824 6134 5724 5734 5734 Mar. 10 Mar. 9 Mar. 10 Mar. 9 Mar. 9 68 Mar. 10 93 Mar. 11 88 Mar. 93 63 Mar. 7234 Mar. 63 Alar. 31 7234 Mar. 10 9134 Mar. 80 Jan. 50 Mar. 31 9134 6134 7624 8034 J A A Sale J 70 78 65 66 M J J M.N J J 11124 104 M Sale 10724 Sale 15 14 S* 111M 105M Sale 84 Mar. 50 Sale 50 Mar. Alar. Sale 76 84 Sale Sale J 65 Sale 65 Mar. 65 Mar. 31 Sale 68 Sale 68 Mar. 7624 Mar. 8034 Mar. 68 Jan. 27 75 79 78 Mar. 80 Mar. 72 Jan. 24 74 Mar. 65 Feb. 28 78 66 M Sale Sale 7234 7134 6624 Mar. Mar. 11034 11124 111 10534 Mar. 10634 Sale Sale 104 H 105M 10424 15 Sale 105 M Sale 105M Sale 104 103 Sale 104 M 82 Sale 104 Sale Sale 79 Sale Sale 83 M Sale 102 24 113M 104 M 114"" Sale 84 80 107 M Sale 115 M 116 84 M 84 M 85 91M J J 1950 A O .1942 M S 1966 J D 103 10234 Alar. 9934 Mar. M S 1962 J J 5s_-l§45 38,000 Union Oil Cal 30-yr 6s ser A May *42 218,000 Sale 84 Sale 1163-8 Sale Sale 86 Sale Sale 11* Sale Sale Sale 85 Sale 8 Sale 90 9134 10534 Sale 9934 10024 101 3924 Sale 10534 106 5624 8734 60 Sale 90 65 77 10734 Mar. Alar. 31 126 Mar. 103 Alar. Mar. Alar. Mar. 11324 Mar. 106 9 9 9 Mar. 17 80 Mar. 10 74 10 11234 Feb. 20 27 10734 Mar. 15 Mar. 3 125 26 86 Mar. Mar. 31 12634 Jan. 10134 Feb. 21 103 9434 Jan. 26 101 102 Alar. 13 10234 11334 Jan. 26 11534 103 Jan. 31 10734 Mar. 95 Mar. 79 107 Alar. 106 11834 Mar. 8834 Alar. 10634 Mar. Jan. 10634 Mar. 25 10724 Jan. Mar. 10034 10234 11534 10734 102 Mar. Mar. Qp» Jan. 4 6 13 6 Feb. 6 Feb. 14 Mar. 14 Mar. 1 Mar. 10 Jan. 24 Feb. 17 10834 Jan. 10 8434 34 11624 126 §524 8834 10624 12 55 34 9034 60 93 5 5 34 Sale Sale 11634 Mar. 8334 Mar. 84 85 81 Jan. 89 Mar. 14 Mar. 82 Jan. 89 Alar. 14 89 Mar. 8 9 Jan. Mar. 89 Mar. 8134 9634 3834 734 8734 Jan. Jan. Jan. Jan. Jan. Mar. 89 Mar. 14 10024 Mar. 4624 Mar. 9934 Mar. 3924 Mar. 13 Alar. Alar. Mar. 93 Mar. 90 105 11834 Mar. 114 89 Mar. Mar. 10524 Mar. 5324 Mar. 21 105 10024 Mar. 23 4634 Mar. 14 1334 Feb. 16 Q"3 10634 Mar. Jan. 8 27 Jan. 6 Alar. 20 5734 Mar. 1 9024 Mar. 15 53 89 85 Feb. 1 6034 Feb. 17 9024 Mar. 15 60 Alar. 31 6534 Alar. 5434 Jan. 4 6534 Mar. 98 7 100 9 9 104 9624 "I" 123 M 124 M 4 110 "9934 "III I "27" 96 M Sale 10824 Sale 9M 8M 115M 116M Sale 112M Sale S 107 Sale M S 114 Sale 96 MN 9634 A O A O 108 M 83 34 Sale Sale 109 M Sale 10034 12334 124 24 124 106 108 25 M O Sale 88 109 A 8934 10624 Sale 57 Mar. 102 103 9934 Sale 10034 Sale 10234 10134 11434 11534 11324 Sale 10624 Sale 10734 Sale 45 53 M Mar. 86 102 8634 Sale Sale Mar. 105 Mar. 125 99 88 M 106 Mar. Sale Sale 90 Sale Mar. 125 Sale Sale 10324 10324 12534 126 Sale 88 10834 Mar. 1834 Mar. 10534 Mar. 10634 Mar. 97 3?^ Mar. Sale Alar. 10624 Jan. 26 10834 Feb. 27 13 24 Jan. 26 1834 Mar. 14 104 34 Jan. 14 10534 Feb. 23 103 34 Mar. 31 10634 Jan. lO Alar. 6 103 Jan. 3 105 Mar. 79 Mar. 11 11034 Jan. 104 34 Jan. 15 10724 Mar. 10634 84 2,000 ATyrol Hydro-Elec Power 7 Ms. -1955 MN ^Guaranteed sec s f 7s 1952 F A 1945 89 Sale 28 11124 Mar. 10734 Alar. 105 10834 109 108 17 M 104 M 105 1,000 Trenton Gas & Elec 1st 5s 1949 M S J 9,000 Tri-Cont'l Corp conv deb 4s ser A '53 J 3 117 92 90 M 934 Mar. 30 824 Mar. 31 834 Mar. 31 3 Mar. Mar. 31 Mar, 31 59 55 M —For footnotes see page 30. 27 46 Tokyo Electric Light (Ltd)— 288,000 1st M 6s $ series June 15 1953 J D 29.000 Tol & Ohio Cent ref & imp 3 Ms-1960 J D 5s_l952 Sale Sale 106M 26,000 United Cigar-Whelan Stores 27 Mar Sale A Mar. 12 23 Mar, 31 62 J 1952 1947 2008 34,000 1st lien & ref 5s. June 2008 243,000 24-year 3 Ms debenture 1970 312.000 35-year 3 Ms debenture 1971 9,000 United Biscuit (Amer) deb 5s—1950 31M 17 M 17 M 53 M 1952 J 3 Ms debentures 457,000 Union Pac RR 1st & land gr g 4s. 242,000 First & refunding 4s June 32 109 20 M 20 M Mar Sale 132,000 Gen & ref 5s ser D_. -1980 17,000 Tex Pac—Mo Pac Term 5Ms A.1964 M S 217,000 Third Ave 1st ref 4s J 1960 J 1,640.000 AAdjustment income 5s.-Jan 1960 A O 19,000 Ujigawa Elec Power sec 7s 103,000 Union Electric (Mo) 324s._ 15,000 *{AUnion Elev Ry Chic 1st Mar Mar 59 M Sale 1979 Tor Ham & Buff 1st 4s 11034 110M 110 Sale 17M Sale 17 M 27 M Sale 27 M 118 55 1977 Tol W Va & Ohio 1st guar 4s C_ 2 112 50 M 62 -1943 2000 15,000 Tol St L & West 1st g 4s 13 111 112 104 102 M Sale "cf. 656 Mar J J 11 1234 Mar. 10 Mar, 23 117 107108 107M 108 106 M 107 M 107 34 Sale 10924 Sale 110M Sale 102 M 96 M 1937 6M Mar. 30 AJN J 14 9 9 2934 Jan. Sale Sale Sale MN Mar. 31 834 Mar. 31 Mar. 10 54 34 -Tan. 5834 54 M 5434 M S 1234 Mar. 13 1124 Mar. 10 9 1024 Mar. 31 87M Mar. 24 67 M 80 6234 Mar. 24 Mar. Sale 5 64 Mar. 31 Mar. 15 Mar. 30 6 Jan. 5924 Feb. 20 1234 Mar. 31 5434 Jan. 11 13 35 98 Sale Prices 6534 Jan. Mar. 31 65 1024 98/M 56 Mar. 31 55 18 10M 8M 4 7 32M Mar. 17 33 Sale Mar, 6434 20 M 12624 36,000 * AThird Ave RR 1st gold 5s 80.000 Tide Water Assoc Oil deb 3 Ms Sale 18 57 106 63 125 Gen & ref 5s series C 55 29 116 55 3,000 Tenn Coal Iron & RR gen 5s --1951 J J Tenn Copper & Chem— 21,000 Conv deb 6s series B___ 1944 M S 674,000 Tenn Elec Pow 1st 6s series A__1947 J D 14,000 Term RR Assn of St L 1st g 4 Ms 1939 25,000 First cons g 5s 1944 234,000 Gen ref s f gold 4s -1953 79,000 Texarkana & F S Ry 5Ms A guar 1950 292,000 Texas Corp deb 3Ms1951 87,000 9M Mar. 30 8M Mar. 31 8M Mar. 31 6424 Mar. 6234 Mar. 12 Mar. 31 Sale Sale Sale lioM ""I 107M Texas & N O cons g 5s 9M Sale Sale 9 106 63 107 M Texas & Pacific 1st g 5s Gen ref 5s ser B_. 8M 8M 8M 97 M 107 85",666 9 7M AfN 133,000 8M Mar. 31 Sale 98 M 114 107 24 M S Sale Sale 724 116 116 M -.1946 F 1941 1952 Southern Natural Gas— 111,000 1st mtge pipe line 434s -1951 247,000 Sou Pac Co 4s Cent Pac coll Aug '49 379,000 1st 434s (Oregon Lines) ser A.1977 592,000 Gold 4 1,195,000 108 1951 M _ Ms Gold 4 Ms ; Gold 4Ms--10-year secured 3 Ms ill 24 Sale" M S 1951 M S 34,000 Southern Bell Tel & Tel 334s—1962 62,000 Southern Calif Gas 4Ms 1961 38,000 1st mtge & ref 4s— 1965 80.000 Southern Colorado Pow 1st g 6s 1947 189,000 Southern Kraft Corp 4 Ms 1946 968,000 MN F ACertificates of deposit-' 342,000 Shell Union Oil deb 3 Ms.- Socony-Vacuum Oil deb 17,000 South & Nor Ala gu 5s 115M 115M 63 Sale Mar. 31 9 97 M 117 -1935 Series B 208.000 Simmons Co conv deb 4s 122,000 Skelly Oil debenture 4s 358.000 J F {* AAtl-Birm Div 1st g 4s May 1933 {Seaboard-All Fla 1st 6s A 1935 1,000 56,000 8,000 12.000 101,000 J 100 98 6134 Mar. 7 12M Mar. 31 57M Mar. 9 8M 624 6M O 1989 MiV Scio Yall & N E 1st guar g 4s 1,000 J 64 87 ~~634 "14"" "6M "14" t Paul Minn & Manitoba— 29,000 {Pacific Ext sterling guar 4s_ _ 1940 J 27,000 St Paul Union Depot 1st 5s guar. 1972 J 60 Mar. 31 1 Highest Sale Prices Sale Prices Sale Prices 56 9 12 D 1 ASt Paul E Grand Trunk 4 34s._ 1947 J ASt Paul & K C Short L gu 4 34s 1941 F Sale Sale Sale Sale 64 M 60 Ask 56 SINCE JAN. Lowest Highest Lowest Mar. 31 Ask Bid St Louis Iron Mtn & South— 161,000 7,000 4,000 34,000 RANGE PRICES IN MARCH Price Jan. 3 stock exchange 29 EXCHANGE—BONDS Alar. 4 Mar. 4 106 10534 10734 106 2324 Mar. 16 2324 Mar. 16 2234 30 77 78 Sale 30 7134 10934 Sale Sale IIP Mar, 31 Mar, 7634 Mar. 1 110 Alar. 12 Mar. 11 14 ioy. Mar, 15 114llull534 (1151!! Mar, 27 11524 Mar. Sale 108 10734 Mar, 31 10834 Mar. 10734 Sale 11334 Sale 11234 Mar, 16 11324 Mar. 11334 Sale Alar 18 10834 Mar. 107 108 Sale 10724 Sale Alar 15 11524 Mar. 110 11524 11634 11134 Sale Mar 31 9934 Mar. 9624 Sale 9624 Sale Mar 22 99 Mar. 96 9734 Sale 9634 9634 Alar 9 109 Mar. 107 10834 10834 10924 107 Mar 23 80 76 Sale 75 8034 Mar. 7724 12 1234 11524 116 Feb. 12334 Mar. 106 Mar. 4 4 20 Feb. 15 26 ----- 25 10824 99 J4 Mar. 21 9924 Mar. 21 12334 Mar. 4 12334 Mar. 4 Jan. 9 7134 Mar. 10834 Jan. 934 Jan. 115*u Mar. 10734 Mar. 11134 Jan. 106 Jan. 110 Mar. 95 Jan. 96 Jan. 107J4 Alar. 75 Jan. Feb. 124 Jan. 109 Jan. 23 24 Feb. 26 Jan. 27 23 Jan. 21 85 110 13 11634 10934 11434 10834 11634 9934 99 31 24 9 Mar. 13 Jan. 7 17 Jan. 7 Feb. Feb. Alar. Feb. Mar. 6 3 20 8 Mar. 11 10934 Jan. 8334 Jan. 24 3 JSf. Y. STOCK 31 > ales Price PRICES IN MARCH Mar BONDS N. Y. STOCK EXCHANGE 1939 RANGE SINCE JAN. 1 Jan. 3 Vali ~T Bid United Drug Co (Del) 5s U N J RR & Canal Co gen 4s. AUnited Rys St L 1st g 4s__ 501, 3, 15, 78, 481, 27, 14, U S 1953 - M S 1944 J Pipe & Fdy conv deb 33*s--1946 MN 3 Ms debs --1948 J D A 1951 a63*s series C __1951 ASinking fund deb 6 Ms ser A 1947 United Stockyards 4 Ms w w 1951 Utah Light & Trac 1st & ref 5s.-1944 Utah Power & Light 1st 5s 1944 |*AUtilities Pow & Lt deb g 53*s 1947 233, 487, 76, 187, * a Debenture 5s__1941 1955 *AVera Cruz & Pacific 1st 4 Ms 164 38 113, 7, ,603, 181, 358, 1, 44" 12" 7, 73, 49, 49, 29, 531, 43, 48, 112 73, 143, 284, 227, 28, 140 84, 24" 170 2, 85, 126 conv 107 M 107M M 108 H 35 65 100 62 Sale 106 M J }?H 38 O "48M 25 91M Sale 84 M S 45 M Sale F 35 89 West Penn Power 5s series E 1963 M S J 1966 J D O 82 M QM J 50 O 102M Sale 120 111M 107 M Sale 88 1113* M S Sale M S AAssented Western Union Teleg 4M8 gold. 1950 MN Gold 5s 1951 J D Gold 5s -I960 M S J AWestphalia Un El Pow 6s-_ —-1953 J Sale Conv debentures ser A 3Ms gen g 58 106 3* 40 M 40M Mar. 26 50 Vs 17 M 76 16 44 19 993* Mar. 15 693* Jan. 10 683* Mar. 9 653* Jan. 3 693* Jan. 8 Sale 7M Sale 73* Mar. 8 Sale 8 Sale Sale Sale 94 Sale 41M Sale 50 90 Mar. 100 3* 90 M 40 M 40 Sale 60 Mar. 83 81 Sale Mar. Mar. 104M 105M 1053* Mar. 60 77 Mar. Sale 8 4 473* Mar. 14 Sale 90 M Sale 105M Sale 20 19M 19M Sale 63 99 Jan. Jan. 10 1063* Feb. 24 1063* Jan. 27 3* Jan. 25 1103* Mar. 2 Jan. 12 18 35 4 72 Jan. 4 56 3* Mar. 25 63 Mar. 8j 1053* Jan. 30 1075* Jan. 493* Jan. 403* Mar. Mar. 10 20 Mar. 16 243* Feb. 11 10 24 9 Jan. 28 Mar. 16 Mar. 6 10 12 103 3* Mar. 10 1073* Jan. 273* Jan. 26 Mar. 283* Jan. 10 3 Mar. 16 28 50 Jan. Jan. i?" 153* Feb. 403* Jan. SB Feb. 15 Jan. 21 Mar. 16 Mar. 6 Mar. 10 8 Mar. 14 Jan. 4 Mar. 10 8 Mar. 13 Jan. 3 Mar. 10 Mar. 10 7 3* Mar. 8 Mar. 1063* Mar. 1 66 Mar. 14 80 Mar. 14 IS" 75 5 11 3 5 Jan. Jan. 80 Sale Sale 40 Mar. 47 Mar. 16 383* Feb. 20 47 40 Mar. 40 Mar. 31 40 Mar. 31 40 893* Jan. 86 Jan. 4 Jan. Sale 1013* Mar. 30 943* Mar. Jan. 1073* Jan. 665* Jan. 1053* Mar. 593* Jan. 973* Mar. 903* Mar. 24 1013* Mar. 30 24 Feb. 27 Mar. 16 Mar. 31 95 90 107 M 1073* 1073* Mar. 4 1083* Mar. 7 107 M 109 101M 101M 100% Sale 100% Mar. 31 1013* Mar. 11 125M Sale 124M 1253* 1243* Mar. 14 1253* Mar. 1 108 M Sale 1083* Mar. 1083* Mar. 10 108M Sale 120 M Sale ,121 1213* 1203* Mar. 2 1213* Mar. 17 111M Sale IllOM Sale 1103* Mar. 24,1113* Mar. 2 105 H 106 M 106 106 5* 106 Mar. 15 1063* Mar. 15 85 93 17 8 85 913* 1063* Sale 923* Sale 85 Mar. 903* Mar. 1053* Mar. Mar. Mar. 95 9 Mar. 10 1073* Mar. 27 203* Mar. 3 1063* Jan. 107 Jan. 100% 123 3* 1053* 1195* 1103* 1053* Mar. Feb. Jan. Jan. Mar. 79 Feb. 10831 10731 101 % 12531 108 3$ 12151 11151 107 7 Feb. 1 Jan. 21 Mar. 1 Mar. 10 Mar. 17 Jan. 27 Jan. 895* Mar. Jan. 823* Jan. 1043* Jan. Mar. 9 9 Mar. 10 95 1073* Mar. 27 4 233* Jan. 3 23 3* Jan. 49 Sale 16 18 Sale 16 Sale Sale Sale 60 Mar. 665* Mar. 11 56 Jan. 665* Mar. 11 Mar. 68 58 57 Jan. Jan. 68 173* Mar. Sale 613* Mar. Sale 22 61 Sale 20 545* Sale Sale J, J Sale 101M 1015* A Sale 101M o 94 M J 96 Sale 102 Sale Sale 97 110M 9 5* 8M 5 Sale "16"" 6 4M J 111 5 D 109 ""93* Sale 1093* Mar. 533* Mar. 47 Mar. 20 Mar. 1 Mar. 10 675* Mar. 10 223* Mar. 7 59 Mar. 13 9 523* Mar. 16 Mar. 173* Mar. Mar. 10 675* Mar. 10 223* Mar. 7 173* Jan. 495* Jan. 453* Jan. Mar. 13 59 523* Mar. J 9M 9 3* 14 63* Sale Sale 1103* 923* 1015* 83* 1013* 933* 1105* Mar. Mar. Mar. Mar. Mar. Mar. Mar. 9 Mar. 83* Mar. 53* Mar. 5 Mar. 1073* Mar. 109 Mar. 1103* Mar. 13 97 Mar. 9 1015* Mar. 24 105* Mar. 1093* Jan. 923* Mar. 1015* Jan. 9 3 1033* Mar. 29 97 Mar. 2 6 Jan. 101 Feb. Mar. 11 110 103* Mar. 10 93* Mar. 10 9 113 7 Mar. 11 55* Mar. 27 1083* Mar. 10 1103* Mar. 29 8M 93 3* Mar. Jan. Mar. 13 Jan. 20 1015* 105* 103 3* 973* Jan. 9 113 Mar. 11 97 83* Feb. 53* Mar. 20 Mar. 11 7 Jan. 43* Feb. 5 Jan. 3 113* Jan. 93* Mar. 10 Mar. 1063* Jan. 107 3* Mar. Mar. 3 Mar. 29 1085* Feb. 4 7 Mar. 29 Feb. Jan. 14 Sheet & Tube— lability Impaired by maturity, selling flat. 1 1 aden following rowi 33*8, 1950, April 13 at 105. Term. 5s, ser. 0,1957, May 1 at 105. iv. Trust 33*8 1951, Apr. 15 at 1033*. s Util. 43*s, 1946, Mar. 23 at 1023*. :k Water 4s, 1952, Apr. 26 at 105. iHers 43*s 1945, May 1 at 104. Co. 63*s, 1950, Oct. 1 at 102. ms RR. 53*s, 1968, Sept. 1 at par. bonds have been called for 109 M 104 M Sale Sale 107 3* 106 3* Sale Sale 100 Sale 1045* Sale Mar. 31 1083* Mar. 1045* Mar. 31 1073* Mar. 100 t Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. in their entirety: >e a the Deferred delivery sales, only transactions of current month, and not included in year's range, n Under the rule sales, only transactions of the current month and not included in year's range. Cash sales, only transactions of the current month, and not included in year's range. r rice represented Is the dollar quotation >und unit of bonds. Accrued Interest t Odd-lot sale not included In year's range: Treas. 35*d 1940-43, Mar. 28 at 104.22 i x exchange rate of $4.8484. 3 173* 413* 113* 103* 103* Sale 108 n Jan. 173* Mar. 413* Mar. Sale ACertificates of deposit *ASup & Dul Div & Ter 1st 4s.1936 MN ACertificates of deposit Wisconsin Elec Power 3 Ms 1968 A O B 66 503* Mar. 31 8 D 1961 J & Conn East Ry 4 Ms-1943 J 983* Mar. 13 6 3 503* Mar. 8 11M 98 M 25 Mar. Mar. Sale Sale llOM M2V Wisconsin Public Service 4s 26 943* Jan. Mar. 7 25 41M 109M llOH 95 M Sale 101M 1023* 83* 93* 4s__1949 J Mar. 13 Mar. 15 69 Mar. Mar. 563* Mar. 25 63 1063* Mar. 18 1073* Mar. Sale Mar. 16 81 104 M M S wi Sale Sale Sale Prices 4 30 1103* Feb. 25 Feb. 2 6 30 08 Mar. 31 1183* Mar. 10 Feb. 28 043* Jan. 26 106 Jan. 4 383* Jan. 28 50 Jan. 4 383* Mar. 20 50 38 Jan. 26 4 503* Jan. Jan. 9 873* Mar. 23 90 72 20 46 M Sale 1960 6 Mar. 17 ----- 38 Sale 20 M 55 M J .--194 31 Sale 64M J 1955 8 Jan. 393* 403* 893* 983* 993* Sale 1093* Mar. 20 1103* Mar. 2 42 M 30 Mar. 15 31 Mar. 17 110 20 65 M S F Mar. Mar. 69 093* Jan. 243* Jan. 106 3* Feb. 1063* Jan. 3* Jan. 24 M Sale J J Mar. 10 Mar. 2 100M Mar. 22 1033* Mar. 10 45 5* Sale Sale 2361 J West Shore 1st 4s guar Wilson & Co 1st M 4s 62 22 M Sale Registered 2361 Wheeling & Lake Erie Ry 4s D.1966 Wheeling & L Erie RR 1st con g 4s *49 Wheeling Steel Corp 4 Ms ser A- -1966 White Sewing Machine deb 6s__1940 t* AWilkes-Barre & East 1st gu g 5s'42 10M 9M 106 M 62 M 90 106 M J A 6 ----- 19 Sale Sale A 105 Sale "25" 44 M 50 5* 10 1233* 105 M 1193* 1105* 106 M 1952 First & ref 5Ms series A ___1977 West N Y & Penn Gen gold 4s__1943 X AWestern Pacific 1st 5s ser A__1946 31M Sale 1950 1967 g 4s— Sale 106 M 107 M 66 M Sale A Sale 44 M 24 M Sale Westchester Light gold 5s Gen mtge 3 Ms Maryland 1st 60 Sale 92 M 1st mtge 3 Ms series I West Va Pulp & Paper 4Ms----1952 J 100 M 105 72 106 M 385* 10M 76 51 Sale 39 72 12 M 12 M O A 109 3* 30 M 13 5* 13 MS A ----- Sale 50 161M West Sale 40 M Sale F 1013* Sale Mar. 29 Mar. 28 Mar. Highest Sale Prices M 25 1948 M S tj 99 M 28 1961 MN aris 66 J 1st mtge s f 4s series C rord Sale J Convertible deb 4s iack< rati 67 1939 Youngstown rUlf ! Sale A F 625, omn 675* Sale 340 Inc. Sale Wash Wat Pow 1st ref 5s jAWorces & 66 Wash Term 1st guar 3 Ms 1st 40-year guar 4s X AWisconsin Cent 1st •IS Sale Sale M 5 Winston-Salem S B 1st 4s 73, Sale 97 M 67 1941 2000 1948 1945 1945 25 140 97 M Sale A Certificates of deposit 35 3 17 Sale Sale 68 deb 6s '39 M S X AWarren Bros Co. deb 6s 48, 26 96X8 98 49 1980 A Warren R R 1st ref gu g 3 Ms Wash Cent Ry 1st g 4s 38 M Mar. 20 Mar. 20 39 Sale MN Walker (Hiram) G & W deb 4 Ms 1945 J D Walworth Co 1st mtge 4s 1955 A O 6s debentures 1955 A O Warner Bros Pictures Mar. 20 30 Mar. 31 1183* 108 105M Mar. 18 106 38M Mar. 31 413* 28 Sale M J F 1978 ARef & gen 4 Ms series C ARef & gen 5s series D Sale Prices 87 M Mar. 23 96M Mar. 18 2 97 H Mar. O 1941 1941 M S t AWabash Ry ref & gen 5Ms A__1975 ARef & gen 5s (Feb '32 coup) B *76 83 Sale O aToI & Chic Div 1st g 4s 107 89 M 106 1958 A *ADes Moines Div 1st g 4s AOmaha Div 1st g 3 Ms 228 89 A J*AWabash RR 1st gold 5s 1 Sale 88 F 186 "l, Sale 38M 90 Sale 98 Virginian Ry 1st & ref 3 Ms ser A 1966 M S ' Sale 106 Sale O 42" 5 108 Sale 27 40" J -1939 1954 1941 1939 29 29 M Sale 40 % A 5s___-2003 J 5s__ Sale Prices Lowest 735* Mar. 1 81 Mar. 16 110M Mar. 18 1103* Mar. 18 66 230 gold Sale Sale 94 Va & Southwest 1st guar First cons 5s Alst lien 50-year gold term 4s ADet & Chi ext 1st g 5s Sale Sale 94 *A.July 1914 coupon off Virginia Elec & Pow 3 Ms ser B--1968 M S Va Iron Coal & Coke 1st g 5s 1949 M S ♦ASecond 105M 38M Highest 66 11 165 3 114 Ask 74 M 110M Sale 40 M 40 M 1957 MN 1934 J J 1939 25 Ask Bid 73 Vs Lowest Mar. 31 88M J 79" 110 H 28 M 117 119 105 M Sale 49 M Sale 1959 5s Vanadium Corp (Am) conv Vandalia consol g 4s A Consol 4s series B 63, 24 M Bid 1 49 M 49 M AUnited Steel Wks g 63*s ser 27, Ask Sale 108 1934 Mar. 110 69 M S U S Steel Corp 36, ■ EXCHANGE-BONDS Ex-interest. 100 Mar. 31 110 1043* Jan. e The following cash sales during the current month and Jan. 3 1073* Mar. were are 4 3 transacted not included In the monthly or yearly range: Mich. Central 4s 1940, Mar. 21 a* 99. z The following deferred delivery sales were transacted during the current month and are not included in- the monthly or yearly range: Adriatic Elec. 7s 1952, Mar. 27 at 50. Chile 7s assented 1942, Mar. 1 at 103*. Cuba 5s 1944, Mar. 31 at 1003*. Czechoslovak 8s 1951, Mar. 23 at 243*. Hungarian Land 73*s 1961, Mar. 29 at 8J*. Lower Austria Hydro-El. 63*8 1944, Mar. 1 at 25. Poland 43*8 assent. 1968, Mar. 30 at 25. Rima Steel 7s 1955, Mar. 23. at 105*. New York Stock MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING MARCH Stock Sales March _ _ Shares_ _ Jan. 1 to March 31 lots 1939 March 22,995,770 61,673,795 24,563,174 63,618,847 1939 1938 $185,513,000 464,117,000 $169,432,000 Bond Sales 1938 1939 _ Jan. 1 to March 31 SclptTn atheecZsehof JtoSk? whlch^eS HyS?'iSKw?*' 3* 1915' 462,935,000 d°UarS P6r 8har6* PriC6S are °n a baSiS °f 100"share *** ^ ??£?rred delivery ®ales aFe disregarded in the month's range, unless they are the only transactions of the month, and when selling y range are shown In a footnote in the month in which they occur. No account is taken of such sales in range^or ^the year computing the AGGREGATE SALES In Shares 4,500 300 60 2,000 25,000 4,700 2,400 21,000 3,500 42",555 31,700 50,300 11,500 9,800 6,000 32,300 Par 12,300 2,400 15,100 57,300 2,800 75,100 3,600 4,300 200 13,200 8,200 14,300 1,030 9,600 10,100 160 19.200 2,200 26,200 4,800 23.700 Addressograph Multigraph 96,600 8,800 25,700 19,900 28,300 188,900 * .-100 Sale 13,800 72,010 15.400 2,130 51,600 6,500 9,400 4,100 2,230 83,300 2,900 1,000 11,000 600 13,500 5,400 2,900 60,600 8,300 18,700 1,900 17,200 87.900 900 10,600 12,200 10,500 600 109;500 3,600 9,000 220 Sale 50 45 11 25 7 Mar. 27 Mar. Mar. 31 60% Mar. Mar. 31 1 Jan. Mar. 13 30 6% Mar. Mar. 5 4 3 20 68 Feb. 20 Mar. Mar. Mar. Mar. Mar. Mar. 23 10 Jan. Jan. Mar. 31 1)4 14% 13 54 1254 19 Mar. Mar. 31 19 Mar. 24% Mar. Mar. 31 28% Jan. 3 4 4 8 3 9 4 Jan. 19 11% Jan. 4 3 Jan. 25 Mar. 31 Mar. 31 Jan. 166 4 3 27% Jan. 6554 Jan. 1% Jan. 9% 1% 1454 1354 1254 62 Sale 6 Jan. Jan. 3 Feb. Mar. 31 11% Mar. el 84 19 52 Mar. 31 193 Mar. Mar. 20 Jan. Mar. Jan. Jan. Mar. 31 Mar. 1 Mar. 31 70 Sale 34 Mar. 4654 Mar. 4 Mar. 31 48)4 Jan. 5 Sale Sale 15 Mar. 18% Mar. 2% Mar. 15% Mar. Mar. 30 19% Jan. 254 Jan. 3 3 Sale Sale Sale 1554 Sale 18* Sale Sale Sale 60 if Sale Sale II* 59 Mar. Mar. J-¥/a Sale 5654 Mar. Sale 16% Mar. Sale 12 Mar. 54 Mar. 4 Mar. Sale aVA Sale 4% Sale Sale Sale 32% Sale 132 Sale 132 176% Sale 172 Sale Sale Sale Sale Sale Sale 131 86 134 168 171 32% Mar. 131 Mar. 86 Mar. Sale 167% Mar. 1254 Mar. 3 13 54 Mar. 10 1054 Mar. Mar. 31 Mar. 20 Mar. 29 Mar. 31 Mar. 67 21% Mar. xl7% Mar. Mar. 31 Mar. Mar. 28 Mar. Mar. Mar. Mar. Mar. 31 60 6% 4954 132% 96)4 20 35 Sale 1954 Mar. Sale 35 Mar. 15 113* 102 11654 116 Sale 15 Mar. 115% 112 Mar. Sale Mar. 120 Mar. 31 Feb. Jan. 20 69% Jan. 24)4 Jan. 1754 Jan. 60 Jan. 3 3 3 6 19 8 4 Jan. 54% Jan. 16 132% Mar. Mar. 31 Mar. Mar. 31 35 55 4 5 4 Jan. Mar. 31 Jan. Mar. Mar. Mar. Jan. Feb. 24 Mar. Mar. Mar. Jan. Mar. Mar. Mar. Jan. Mar. 116 24% Jan. Feb. 24 115% Mar. 2 12254 Jan. Mar, Mar. Feb. Feb. 5 4 16 Mar. 31 9 3 15% Sale Sale Sale 7% Sale Sale Sale 8 Sale 62% Sale 2% Sale Sale 1 Mar. 4 6 10054 Jan. 3 3 178% Feb. 17 Mar. 31 171% Mar. 31 Mar. 49% Mar. 2254 Mar. 115% Mar. a17,* "7% Sale 67H Mar. 31 70 10% I7H Mar. 31 Mar. 13)4. Jan. 21 1354 Jan. 4 1154 Jan. 3 09% 43% 115 Sale Mar. 1054 Mar. 25 Mar. Mar. Mar. Mar. Sale - 64% Mar. 15 10% 10% 7% 6054 Sale 100 18 130 Mar. 10 2 4254 Mar. 9 10% Sale 10% Sale 7% Sale 6054 8ale 34% Sale 62 Sale Sale Sale Feb. 39 11% Mar. 31 16% Mar. 31 6% Sale 166 Sale Sale 27 Feb. 9 Mar. 31 Mar. 1 Mar. 31 Mar. 31 7 11% Sale 16% Sale Sale "l\% Sale Jan. Mar. 10 42% Mar. Mar. 31 8% Mar. 23 % Mar. 27 8% Mar. 31 Sale 12% 12% Sale 25 --100 Amer Car & Foundry——---* Preferred —100 American Chain & Cable * 5% preferred 100 American Chicle * Am Coal Co of Alleg Co N J-25 American Color type---10 Am Com Alcohol 20 Amer Crystal Sugar Co-- —10 6% 1st preferred— 100 Amer Encaustic Tiling 1 Am European Securities. * 4 Mar. Mar. Mar. Jan. Mar. 22 Sale Sale Mar. Mar. Feb. Sale 5% 2% Mar. 22 * Mar. Mar. Jan. * * .* Sale Sale 14% Sale Mar. Mar. 11 Mar. Mar. 11 Mar. Mar. 11 Mar. Jan. i!H Sale Sale Sale Mar. Mar. 11 Mar. Mar. 11 7,200 Am Hawaiian Steamship—-.10 49,100 American Hide & Leather—1 6,000 6% preferred -50 — 1 12,900 Amer Home Products Sale 14% Sale Mar. Mar. Mar. Jan. Mar. Feb. 2 Mar. Feb. 3 Jan. Mar. 14 Jan. Mar. 23 500 58,800 Am & Foreign Power 30,000 $7 preferred 21,400 2d preferred A 17,000 $6 preferred 15,800 American Ice 7.400 6% preferred — — Sale 9 * 100 * * 100 31,300 Amer Internet Corp 105,100 Amer Locomotive Preferred 11,200 —* 28,700 Am Mach & Foundry * 13,500 Amer Machine & Metals * 60,900 American Metal 700 6% conv preferred 100 * 3,210 American News Co new.— * 241,300 Amer Power & Light $6 preferred 66,200 * $5 preferred 83,600 * * 410,100 Am Radiator & Stand San Preferred 100 110 25 166,300 American Rolling Mill-12,500 4)4% conv preferred—-100 —18.50 25,400 Amer Safety Razor * 9,500 American Seating Co— * 5,080 American Ship Building 164,000 Amer Smelt & Refining Preferred 100 7,900 6,000 American Snuff-—--—-—25 Sale Sale Sale Sale ilH Sale 8 128 Mar. Mar. Mar. 44 Sale Mar. Mar. 14 Sale Mar. Mar. 23 Sale Mar. Mar. 3 Jan. Feb. $ Sale Mar. Mar. 9 Mar. Jan. 5 Sale Mar. Mar. 1 Mar. 10 Mar. Jan. 5 Mar. Jan. Mar. Jan. Mar. Jan. Mar. | Jan. Jan. 3 5 4 5 Jan. Jan. 3 9 ! Mar. 11 [ Mar. Feb. 6 Mar. Mar. 11 ; Mar. 11 Mar. 9 1 Mar. i Mar. ! Mar. 11 1 V Sale Sale Sale IV Sale Mar. Sale Sale ' 12 Sale Mar. I Mar. 8 2% Sale 2954 Sale 119% 125 24% Sale 4% Sale Mar. Mar. 40 Sale 122 Sale 124 Sale Sale Sale Sale Sale 37 Sale Mar. Sale Sale 32% Sale Mar. Sale Sale 161 Sale Sale 73 Sale Sale Sale Sale iiv IV 13 Mar. Sale 3 Mar. 1 Mar.; Mar.: Mar.; Mar. 4 J Mar. Sale Sale Sale Sale Sale Mar. Mar. 9 Mar. 21 Mar. Mar. Mar. Sale 17% Mar. J Mar. J Mar. 75% Mar. Mar. 91% Mar. Mar. Sale Sale Sale Sale 81% Mar.: Mar. Sale Sale 82 Mar.: Mar. 148 152 Mar. Mar. Sale Sale Sale Mar.: Mar.: Mar, Mar. Sale 15054 149 Sale 4% Sale 8% 94% 9054 Mar.: Mar.; For footnotes see page 40. 153 Sale Sale Sale 4 Sale 39% Sale, Sale 29 34 Sale Sale 25 Sale 23)4 Mar.; Sale 55 Sale 113)4 52 17% 114 3 10 5 31 21 18 Jan. Mar.; 18% 170% 87% 8954 153 4 1 Jan. 1654 Mar.; Mar. [ Mar. Sale 4 5 4 22% Jan. Sale Mar. Sale 38 Jan. Mar.; Mar.; Mar.; 22 Mar. Sale Sale Feb. Mar. Jan. Mar. Mar. Jan. Mar. 21 Sale - i i [ i i i Mar. Mar. Mar. —100 o90% i Mar. Jan. Jan. Mar. 10 24,100 American Tobacco—-——-25 Class B 25 49,600 82 i Mar. Mar.! Sale $6 1st preferred-————* 2,900 * 22,600 American Woolen-——Preferred -100 29,900 62,300 Amer Zinc, Lead A Smelt—1 $5 prior conv pref——25 1,100 848,200 Anaconda Copper-——.-60 6,800 Anaconda Wire & Cable--—-* 18,600 Anchor Hocking Glass Corp * 440 $6.50 conv preferred——* [ Jan. Mar. Mar. I 13 9 6% preferred—-100 5,500 • 37,300 American Type Founders 327,500 Am Wat Wks & El—.—* Mar. 56 Sale 10 18% Jan. Sale Sale c1(?* Jan. Mar. 9 Sale * Jan. Jan. Mar. 14 - Mar. 20 ' Mar! Sale 6,100 Amer Sumatra Tobacc® 132,100 Amer Telep & Tel eg , 1354 Sale Sale i lO | Mar. Mar. ' Sale Sale Sale Mar. Mar. Sale Sale I Mar. 20 Mar. Sale Sale I Mar. 13 Mar. 155,700 Amer Steel Foundries-———_* 60,900 American Stores * 1,100 American Stove Co__. American Sugar Refining—100 21,800 Preferred 100 11,500 — , 4 4Vs Sale 6% preferred 3 Sale Sale 7 Mar. Sale Sale 6 Sale Sale Sale 20 Sale 100 410 _ 28% Sale 34% 45% 1% 18% 8 12% Sale 12)4 Sale 30% Sale 30% Sale 36% Sale 36% Sale 131% 13554 131 63% 63% 63% Sale 155 149% 150)4 160 19,800 10% 175% 10 H Sale Sale 43,700 American Can----Preferred 4,600 77,300 8* 12% * 534% conv preferred-- 15% 53 Sale 9,300 Alpha Portland Cement 12,900 Amalg'm Leather Cos. Incnewl 700 6% cum preferred—-—50 25,900 Amerada Corp * 16,800 Am Agric Chemical (Del) new * 37,600 American Bank Note 10 2,580 6 % preferred -—-50 24,800 b American Bosch Corp—---1 * 34,600 Am Brake Shoe & Fdy— 590 10 Sale - 5,900 33,800 146,800 Allied Stores Corp 6,500 5% preferred 171,000 Allis-Chalmers Mfg 1 h* Sale 3 Highest Sale Prices Prices Feb. Sale Sale 4 130 % Mar. 16 85A Sale Mar. Mar. t Mar. 31 47 Sale Pref series A $30 - 55". 155 Sale % Sale 20,900 1,190 73,800 Sa"le' 47% warr'ts.lOO Pref series A $40 warr'ts.lOO Pref series A $30 ex-war-100 $2.50 prior conv pref * Alleghany Ludl'm Steel Corp * Alleg & West RR 6% gtd—100 Allen Industries Inc 1 Allied Chem & Dye * Allied Kid Co 5 Allied Mills Co Inc * "9,955 300 58% Sale 1 % 70% 9% Sale Sale Lowest Highest Sale Prices 64% Mar. 15 Mar. 31 22 Sale Sale 9.900 5,900 870 5,400 8,300 2,200 13,800 44,900 3,900 II,800 9,000 38,500 Sale 1% Lowest Sale Prices 58% Mar. 1 Sale 22 8% % "4,555 1,000 65 Sale Sale 900 16,500' 26 20% Sale 4,600 300 Sale Air-Way Ejlec Appli Corp * 10 Alabama & Vicksburg Ry—100 86,200 Alaska Juneau Gold Min—,10 65,900 Allegheny Corp * 700 23,600 17,100 8.800 10,700 2,500 26% 45 Sale Ask Sale 59 58% Sale 128% 149% 126 118% 126 38 38 38 42% 4254 38 % 31% Sale 31% 7% Sale 0% Sale 7% 23 21% 21% Sale 21% 10 * Air Reduction Inc 85,200 15,200 14,500 11,200 45 Mar. 31 Ask Bid 35% 42 % 10% 20% * Express Adams Millis I,700 17,600 58% * 25 Bid * — Acme Steel Co 10 "3~,i55 Ask 100 118% 130 70 Abraham & Straus Adams Bid 57 10,300 Abott Laboratories 400 4% conv preferred 46,000 61,200 5,600 7,800 54,300 9,000 1 1939 Jan. 1 Shares SINCE JAN. Jan. 3 Mar. 1 March RANGE PRICES IN MARCH Price STOCKS N. Y. STOCK EXCHANGE Since Sale 4154 Sale Sale 454 Mar.; 42 Mar. Mar. 1654 Mar.; *lll)4Mar. Mar. Jan. 4 J an. 4 Mar. L 41 Jan. i 13 H Feb. 20 14% Feb. 18 | Jan. s Jan. Mar. Jan. i Mar. I Mar. dn $ 9 4 Mar. 11 Jan. 19 Jan. 16 Jan. 24 Jan. 5 Jan. 20 Mar. Mar. Jan. Mar. 10 Mar. Jan. 10 Mar, Mar. Jan. 10 Mar. C Mar. Jan. 5 Mar. Mar. Mar. Jan. 36% Jan. 7 $ 54% Jan. 4 20% Jan. 4 ( Mar. Mar. Mar. Mar. ( Mar. Mar. Jan. 33 114% Mar. 21 32 N. Y. STOCK EXCHANGE-STOCKS AGGREGATE SALES , In - " 41,600 3,600 200 15,500 9,100 15,800 100 ' 23,100 900 1,600 400 150 260 97 >900 10,500 21,200 7,400 8,900 22,800 1,200 34,000 3,100 800 70 1,100 5,000 2,100 330 76,500 113,500 51,900 12,600 1,700 250 17,500 1,400 280 49,500 13,700 210 58.6U0 Atlan Coast Line RR 10,200 304,200 178,300 45,800 12,000 1,020 36,000 5,300 1,050 133,900 35,700 10 84,000 5,000 660 880 10,300 62,400 74,900 1,900 6,700 9,100 38,600 89,600 1,800 5,700 11,200 4,100 53,600 12,800 21,900 800 19,200 33,200 140 47,300 1,950 15,100 13,700 9,400 18,800 23,200 4,400 120 600 23,000 2,900 14,400 7,500 760 4,800 12,200 400 5 50 Atlas Powder * .100 * * __* * 2,200 43,200 112,600 234,100 4,200 12,800 17,600 9,000 116,300 28,800 75,700 2,200 27,500 98,900 Sale 254 273* 275* 6 Sale 47 Sale 56 mH 65 Sale Sale 75^ irA 52 5* 345* 94 Sale 77 Sale 715* Sale Sale Sale 111 Sale 44 Sale 654 ~~6 5* 4 Sale Sale 580 200 2,000 3,300 700 20 155* Sale 115* 7 Sale Sale 85* Sale 29 5* Sale 24 100 __10 20 5* 90 Sale 125* Sale 7654 183* Sale 103* 1054 50 295* 34 Sale 55*% preferred Barnsdall Oil Co 5 Creek RR Co — 50 Beech-Nut Packing 20 Belding-Heminway * Belgium National Rys part pref Bendix Aviation Corp.. — 5 Beneficial Indus Loan Corp..* Prior pref $2.50 div ser '38.* Boston & Maine 100 Bower Roller Bearing Co.— 17 Brewing Corp of America. .3 Bridgeport Brass Co * Briggs Manufacturing * Briggs & Stratton * Bristol-Myers Co.. 5 g — — Brooklyn & Queens Transit._* $6 preferred * Bklyn-Manhattan Transit * $6 preferred series A * Brooklyn Union Gas * Brown Shoe, Inc Brunswick-Balke-Coll JBush Term Bldgs— Pref ctfs of deposit 600 Depos ctfs 7 % pref 44,600 Butler Brothers 8,200 5% conv preferred 29,300 Butte Copper & Zinc 24,900 Byers Co 1,440 Partic preferred 13,700 Byron Jackson Co 26,900 Calif Packing Corp 1,000 5% preferred— * * .10 100 _* 100 Preferred 40, 54 95 6 77 Mar. 14 Mar. 4 Mar. 15 Mar. 6 Mar. 1 Mar. 9 Mar. 31 495* Mar. 13 8 4 Mar. 15 105* Mar. 31 155* Jan. 25* Jan. 295* Jan. 119 Mar. 17 12154 Jan. 101 Jan. 30 103 5* Jan. 45* Mar. 31 65* Jan. Mar. 31 Mar. 31 38 50 Mar. 31 52 Jan. 5 Mar. 31 65 Jan. 4 375* Mar. 31 954 Mar. 31 58 Jan. 4 13 Mar. 15 105* Mar. 15 6 85 Mar. 11 73 6 Mar. 1 1054 Mar. 78 9 Mar. 15 Mar. 31 *05* Jan. Jan. 85 23 65* Mar. 31 70 Jan. 5 515* Mar. 22 323* Mar. 31 935* Mar. 28 545* Mar. 15 355* Mar. 17 6 90 Jan. 9 94 Mar. 30 965* Mar. 10 90 Jan. 18 265* 583* 1534 65* Mar. 31 40 Mar. 9 Mar. 31 Mar. 31 71 Mar. 9 Mar. 31 Mar. 31 255* Mar. 4 105* Mar. 14 265* 585* 1554 654 Jan. 26 12 Mar. 30 Mar. 15 11 Jan. 3 1954 1075* 75* 44 54 605* 123 96 18 Mar. 9 225* Mar. 6 10854 Mar. 16 Mar. 31 Mar. 31 Mar. 31 78 71 18 Mar. 17 64 Mar. 8 Mar. 17 1265* Mar. 65* Mar. 3 23* Mar. 29 25 Mar. 14 Sale 5 Mar. 31 45* 354 2954 75* Feb. Mar. 27 7 Mar. 9 305* Jan. 3 105* Mar. 14 Mar. 31 Mar. 31 Mar. 15 965* Mar. 10 4 425* Jan. 3 8 5 8 545* Mar. 15 36 96 85* Mar. 4754 Mar. Mar. 31 Mar. 15 Jan. 10 Jan. 28 Jan. Mar. Jan. 5 8 3 122 Jan. 26 127 Jan. 3 5 Jan. 26 Mar. 10 3 Mar. 31 Jan. 5 Mar. 10 Jan. 6 Jan. 5 53* Mar. 31 3 515* Feb. 1 325* Mar. 31 10 4 Mar. 11 105* Jan. 1954 Mar. 31 235* 1065* Feb. 28 110 7 Mar. 31 85* 44 Jan. 6 4754 57 Jan. 24 6654 Ma;. 15 9 6 4 2 22 Mar. 65* Mar. 31 75 iV* 50 Mar. Mar. 31 Sale 855* 185* 2054 114 185* 96 285* 123 Sale Sale 29 H 195* Sale 55 Sale 7854 17 5* Sale Sale 113 Sale 25 Sale 2154 Sale iSS* Sale 245* 465* Sale Sale Sale 525* 12 5* 165* Sale 32 Sale 25* 265* Sale 65* 1554 3154 393* Sale 43 Sale 1354 Sale 27 Sale Sale Sale 15* o W Sale 1254 405* 1754 315* 135* Sale 73* 515* 55* 3254 2854 145* 1854 25* Sale 65* Mar. 31 233* Sale Sale 75* 2954 Sale 1354 Sale 165* S^ile 44 45 Sale 205* 21 263* 255* 109 10754 1085* 55 543* 5454 1654 Sale 155* 1854 2054 Sale 275* Sale 2154 25* 25* 154 23 245* Sale 30 75* 145* 265* 3754 45 54 1 J* 9 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 19 Sale Sale 34 35 Sale 1254 115* 975* Sale 96 Sale 35 7 Sale 48 Sale 454 295* 2634 1554 173* 63* 954 1954 343* 445* 154 53* 754 45 2954 Mar. 31 133* Mar. 31 165* Mar. 31 Mar. 4 Mar. 14 Mar. 1 Mar. 4 109 Sale Sale 25* Mar. 29 23 5 Jan. 24 Mar. 31 Sale Sale 65* 45* 3 5* 305* 85* 11 Jan. 3 175* Jan. 854 Jan. 105* Jan. 4 Jan. 4 Jan. 11 Mar. 31 63* Sale Sale 7 Sale —30 Sale 23 Sale Sale Sale 3 Sale * 100 * * _50 Sale 223* 33* 103* 30* 20 5 75* Sale Sale 1754 485* Sale 50 Sale 3354 Sale Sale 185* 455* Sale 5 Sale Sale 89 4* Sale Sale b 313* 63* 3954 825* 173* 35* 835* Sale Sale 49 Sale Sale 423* 84 183* 354 Sale 11754 118 Sale 5054 Sale 10554 107 2354 Sale 9354 Sale 109 Sale 95 Sale 70 Sale Sale 121 92 Sale 13 Mar. 31 1454 13* Sale 1454 Mar. 31 15* Mar. 22 10 1354 Sale 1554 Sale 515* 55* 115* 143* 375* 354 315* 554 385* 803* 14 254 75 Sale Sale Sale 1 Sale 425* Sale Sale Sale Sale Mar. 354 3054 554 385* 803* Mar. 31 Mar. 30 1954 45* 2054 1954 Sale 25* 11154 1105* 2054 Sale Sale 55* 101 Mar. 2 9 Mar. 9 2354 Mar. 454 Mar. 6 9 1154 Mar. 10 355* Mar. 25 1654 195* 5054 15* 754 1654 195* 44 Mar. Mar. 6 9 Mar. 30 Mar. 1 Mar. 9 Mar. 10 31 31 12254 55 25* Mar. 31 Mar. 22 Sale 5 Mar. 31 Sale 4 Mar. 31 45* Mar. 22 Mar. 6 95 935* 175* 725* 2054 24 125* aan. 165* Jan. 30 4 Mar. 9 Mar. 6 Mar. 9 Mar. 3 Mar. 11 Mar. 12 8 Mar. 14 Mar. 14 Feb. Feb. 23 6 32 254 Mar. 8 2754 Mar. 30 Mar. 31 Jan. 12 Jan. Jan. 4 Mar. 31 Jan. 5 3454 Feb. 1 Jan. 43 3 Jan. Mar. 31 155* Mar. 22 3 315* Jan. 105* Mar. 31 3 Mar. 11 2 10 Jan. Mar. 35 Mar. 3 145* Mar. 16 Mar. 31 6 135* Jan. 5 100 96 Jan. Mar. 7 8 Jan. 45* Mar. 31 4 32 Mar. 31 4 555* Jan. 8 35* Mar. 31 245* Mar. 31 18 Mar. 31 55* Jan. 4 3454 Mar. 9 30 5 Jan. 1254 Jan. 28 155^aan. 28 15* Mar. 22 155* Feb. 28 1854 Jan. 3 5 25* Jan. 10 1254 Jan. Jan. 26 65* Mar. 31 Mar. 31 195* Jan. 28 3 Mar. 31 7 75* Mar. 31 295* Jan. 26 1354 Mar. 31 1554 Mar. 31 1 485* Mar. 5* Feb. 15 55* Mar. 31 115* Mar. 31 14 37„ 6 Mar. 23 Jan. Mar. Mar. Jan. Jan. 3 6 9 4 11 31 175* 195* 5054 25* 85* 1754 205* 445* 654 15 345* Mar. 11 Mar. 31 4 Jan. 354 Mar. 305* Feb. 554 Mar. 385* Mar. 805* Mar. 95* 9 5* 23 54 454 13 54 31 30 18 Mar. 31 254 Mar. 31 Jan. 5 Mar. 9 Mar. 30 Jan. 17 Jan. 5 Jan. 4 Jan. 18 Jan. 4 Jan. 3 75* Jan. 425* Feb. 9 Feb. 17 18 205* Jan. 35* Jan. 3 85 4 75 116 Mar. 31 945* Mar. 9 Jan. 4 12254 Mar. 3 4154 Mar. 31 55 Mar. 11 1035* Mar. 27 1075* Jan. 15 Mar. 31 245* Jan. 89 Feb. 8 1154 Mar. 31 £6654 Jan. 26 19 Mar. 18 94 Jan. 195* 725* 225* 554 109 3 1 5 Mar. 22 111 Jan. Mar. 31 95* Jan. 4 Mar. 31 45* Mar. 22 88 Jan. 12 6 4 Mar. 14 Jan. 11 Jan. 3 2 25* Mar. 31 9 4 Jan. 3 6 20 1 1 135* Mar. 1 435* Mar. 195* Jan. 19 3 Mar. 3 754 Feb. 27 954 Mar. 31 19 Mar. 754 Mar. 5 Mar. 95 3 Mar. 31 Mar. 55* Mar. 11 3 18 555* Mar. 9 195* Mar. 14 215* Mar. 10 Mar. 111* 24 Mar. 31 21 14 27 10554 Mar. 11 1 235* Mar. 31 Mar. Jan. 44 Mar. 27 44 3454 Jan. 285* Jan. 51 9 Mar. 4 1754 Jan. 235* Mar. 11 23 110 Mar. 30 Mar. 425* Mar. 10 4 43* Sale 90 101 Mar. 3 Mar. 27 Mar. 9 Mar. 31 Mar. 30 7 1154 Mar. 31 69 Mar. 22 19 Mar. 18 109 Mar. 7 Mar. 1 Mar. 14 Mar. 4 Mar. 9 554 Mar. 13 345* Mar. 11 5 Sale 2 23 17 Jan. 32 _ 1054 Mar.r 9 95* Mar. 23 Mar. 18 8354 14 Mar. 31 xl85* 254 Mar. 31 354 75 Mar. 31 945* 93 Mar. 145* Mar. 16 125* Mar. 9 495* 45* 3454 275* 155* 175* 3 154 Mar. 30 55* Mar. 31 754 Mar. 31 Mar. 31 Mar. 24 Sale 119 1183* Mar. 4154 Sale 4154 Mar. 1033* 1043* 1033* Mar. 15 Mar. 153* Sale 92 1 55* Mar. 31 115* Mar. 31 14 Sale Mar. 31 1354 Mar. 31 1554 Mar. 31 1 485* Mar. 44 Sale 95 75* Mar. 31 50 Sale Safe 45* Mar. 16 65* Mar. 31 7 Mar. 31 20 Mar. 31 3 Mar. 31 Sale 113* 5 5 13 5* 70 7 Mar. 31 Mar. 31 50 1 35 Mar. 31 100 7 18 Sale Sale Mar. 31 35* Mar. 31 245* Mar. 31 Sale Sale Mar. Sale W* 111 Mar. Sale 70 Sale 2 10 135* Mar. 435* Mar. 1954 Mar. 45* Mar. 31 30 8 Mar. 11 31 18 Sale Mar. 10 31 30 35* 243* 30 1 75* Mar. 145* Mar. 10 29 28 104 8 Mar. 30 47 Sale Sale Mar. 28 105* Sale Mar. 10 Mar. 14 7 Feb. Mar. 31 Mar. 14 4 11 225* Jan. 20H Mar. 31 9 Jan. Jan. Jan. 27 4 Mar. S* Mar. 31 Mar. 10 Mar. 10 385* Mar. 145* Mar. 31 3454 Mar. 18 105* Mar. 31 98 315* Mar. 28 3 Mar. 11 Mar. 13 Mar. 11 Mar. 31 Mar. 31 19 9 Mar. 22 31 32 32 Jan. MH 5854 Mar. 31 18 1654 Mar. 31 10654 Jan. 26 115 Feb. Sale Sale 49 Feb. Sale Sale Mar. 11 19 Sale Sale Mar. 11 Mar. 13 43 65* Mar. 31 954 Mar. 31 4 20 37 Mar. 31 195* Jan. 25 15 54 Mar. 9 235* Mar. 11 Mar. 17 5 28 85* Jan. Mar, 31 265* 1095* 555* 195* 215* 315* 254 2754 Feb. 33 2954 Jan. Mar. Mar. 31 5 Jan. 73 y Jan. Mar. 11 145* 45* Jan. 70 22 4 Jan. 2154 Feb. 18 Mar. 18 114 54 Jan. 16 175* Jan. 26 2054 Mar. 4 Jan. 20 100 Feb. 24 29 28 Mar. 3 Mar. 23 121 Jan. 24 125 jan. 4 27 Mar, 22 int 113 Mar, 31 35 98 2954 Mar. 31 13 5* Mar. 31 165* Mar. 31 Mar. 31 Mar. 11 Mar. 20 24 1 32 32 9 5 Mar. 22 1145* Mar. Sale Sale Sale' Feb. 125* Mar. 31 4 185* Mar. 31 185* Mar. 31 505* Mar. 22 9 154 Mar. 31 8 Mar. 10 Mar. 22 Mar. 9 1 Mar. Mar. Mar. Mar. Mar. Sale 4 Mar. 345* 445* 154 55* 754 8 Mar. Mar, Sale Sale Mar. 10 18 Mar. 31 Sale Mar. 17 Mar. 31 19 Sale Mar. 13 Mar. 31 155* Mar. 31 .23 70 2 Mar. 10 215* 5254 575* 755* Mar, 22 Mar. 31 Mar. Mar. 31 Mar. 31 5 Mar. 15 28 Mar. 22 115* Mar. 31 65* Mar. 31 205* Feb. 15 *8* 70 Mar. 31 Sale 4 Mar. 31 Mar. 18 Sale 1 Mar. Mar. 22 18 83* 51 Mar. 31 21 Sale Sale Mar. Sale ..10 Sale Mar. Mar. Sale 1154 Sale Mar. 10754 Mar. 22 54 Mar. Mar. 18 31 2054 Mar. 4 Mar. 3 100 3 29 Mar. 23 3 Mar. 10 28 125 Sale Sale Sale 993* 113* 3454 37 165* 75* 95* 2454 765* 1954 1154 3254 175* 2154 Mar. 18 113 21 15* Sale Mar. 20 205* Mar. 31 105* 100 9 Sale Sale Sale Mar. 20 Sale 105* Sale 1 * 1 Sale Sale Mar. 31 703* Mar. 31 125* Mar. 31 1°S'A 100 100 * 23 113 111 125* 395* Sale 95 Sale 5 195* Sale 185* 185* Sale 100 995* 100 1025* 100 28 29 29 275* 120 1243* 1185* 122" 122 85* Sale 754 754 Sale 70 72 753* Sale" 185* 275* Sale 185* 2054 Sale 185* Sale 5254 Sale 505* 505* Sale 49 Sale 49 533* Sale 7454 Sale 5854 5954 Sale 17 5* Sale 1654 1654 Sale Sale 110 110 1143* Sale Sale 19 19 263* Sale 193* 203* 155* 155* Sale Sale 10 10 145* Sale 19 19 205* 1854 175* 995* 295* 75 Sale 107 1654 205* 115* Mar. 13 Sale Sale Sale 3454 285* Sale 6 Sale Sale 113 7h 20 32 65* 223* 703* 123* Sale 72 5* 43 5* 2554 7954 5 Sale 303* Sale Sale Sale 2 * * 172,400 Canadian Pacific 25 9,600 Cannon Mills * 3.200 Capital Admin Co Ltd cl A..1 420 $3 preferred class A 10 1,170 Car Clinchfield & Ohio Ry__ 100 3,600 Carpenter Steel Co 5 9,700 Carriers & General Corp 1 21,000 Cash (J I) Co 100 3,130 7% preferred u 100 78,100 Caterpillar Tractor * 1,300 5% preferred.. 100 118,500 Celanese Corp. of America...* 1,500 7% prior preferred 100 89,300 Celotex Corp new _* 830 5% preferred 100 14,200 Central Aguirre Associates...* 56,800 Central Foundry Co 1 630 Central 111 Lt 45*% pref—.100 4,400 Central RR of N J 100 6,800 Central Violeta Sugar Co 19 1,800 Century Ribbon Mills * see page 25 55* * 1,480 For footnotes Sale 73* Sale Sale Barker Bros Bucyrus-Erie Co 300 7% preferred— 190,200 Budd (E G) Mfg 7,910 Preferred 7% 44,100 Budd Wheel 27,900 Bulova Watch 26,400 Bullard Co 39,600 Burlington Mills Corp 57,200 Burroughs Add Mach 10,500 Bush Term Co 80 95 3854 Sale 2754 Sale 6554 Sale 583* Sale 253* Sale 163* Sale 75* 63* 63* Sale Sale 12 123* 133* 1954 Sale 2154 Sale 1063* 1073* 10854 Sale 7 5s Sale 85* Sale 455* Sale 4454 Sale 63 56 50 635* 124 123 1265* 127 63* 654 55* Sale Sale 3 35* Sale 354 33* 25* Sale Sale Sale 4,000 16,300 Sale 76 93 Sale 31,200 Sale Sale 96 8 1 600 6 963* 10 75,900 Calumet & Ilecla Cons Copper 5 27,200 Campbell W & C Foundry * 145,100 Canada Dry Ginger Ale 5 50 Canada Southern Ry Co 100 1,000 3,600 7,800 1,800 37,500 800 45,000 Mar. 31 375* Mar. 31 954 Mar. 31 95 1754 170,700 Callahan Zinc-Lead 170 520 50 95 .100 35,400 15,200 44,700 10 Sale 325* 935* Sale Mar. 31 Sale 7854 654 14 25* 2754 Mar. 17 12054 119 xlOlJ* Mar. 9 1025* 45* Mar. 31 554 22 50 100 39,400 59,800 5,200 1,300 Sale -.100 50 — 4% preferred Bangor & Aroostook 5% conv preferred Barber Asphalt Corp Beech 77 Highest Sale Prices 105* Mar. 31 Mar. 31 2 375* 95* Sale Sale 35* Sale Lowest Sale Prices Mar. 31 51 Sale 29 Sale Highest Sale Prices 38 58 675a 66 h 126 905* Sale Lowest Sale 38 36 30 43 46 Sale Sale 52 Sale 8 54 Sale 10354 10154 Sale 45* 954 Sale 75 Sale 3554 42 A* 72 Sale 38 K Sale 95 22H 554 4554 545* 475* 1254 85* 2 22 Sale 91 108 102 103* Sale 119 3 120 12154 10154 102" Vot trust ctfs when issued. 13 Baltimore & Ohio — 6,400 143* Sale Ask Locomotive Works 500,700 25,500 12,000 7,200 Best & Co * 728,800 Bethlehem Steel Corp (Del) * 19,100 5% preferred 20 13,300 7% preferred 100 12,400 Bigelow-Sanford Carpet Inc..* 11,700 Black & Decker Mfg Co * 60,300 Blaw-Knox * 1,030 Bloomingdale Bros * 170 Blumenthal & Co pref 100 268,900 Boeing Airplane Co * 14,500 Bohn Alum & Brass Corp 5 2,550 Bon Ami class A : _* 2,630 Class B— * 18,000 Bond Stores Inc 1 175,400 Borden Co (The) 15 147,600 Borg-Warner Corp .5 9,000 1454 25* 13 28 Baldwin 1 Sale Prices Mar. 31 Ask Bid Sale 32 Sale Bayuk Cigar Inc 1st preferred 100 Beatrice Creamery ..25 700 $5 preferred with warr____* 40 Bid 85* 130 , Ask 3 12,200 600 920 .100 25 100 5% preferred— 2,800 Atlas Tack Corp 10,100 XAuburn Automobile 6,200 Austin, Nichols & Co 790 85 prior A__ 261,200 Aviation Corp (Del) The 17,800 7,300 4,500 6,000 2,900 23,200 * 18,700 5% preferred.. 62,800 Atlantic Refining 2,000 4% conv pref series A 97,800 Atlas Corp 6,400 6% preferred 3,700 100 2.79,700 100 Atl G & W I SS Lines-— 700 8,200 2,900 6,200 100 300 40 129,400 12,000 Preferred 7% preferred100 54,400 Armstrong Cork Co * 18,100 Arnold Constable Corp 5 36,800 Artloom Corporation * 160 7% preferred.... .100 61,600 Associated Dry Goods 1 1,400 6% 1st preferred ---100 1,800 7% 2d preferred 100 1,600 Associated Investment Co___* 460 5% pref with warrants--100 350 5% preferred ex-warr 100 235,000 Atchison Top & S Fe._ 100 24,300 5% preferred 100 900 Bid 28 54 20 3,900 Armour (Del) 7% preferred. 100 115,500 Armour of Illinois 5 9,500 $6 convertible preferred....* 30 6,100 300 Par 2,800 Andes Copper Mining Co 1,000 A P W Paper Co 4,300 Archer Daniels Midland. 500 2,700 170 1,400 SINCE JAN. 1939 Mar. 1 Shares 1,600 RANGE Jan. 3 N. Y. STOCK EXCHANGE Jan. 1 March Shares PRICES IN MARCH Price STOCKS Since 6 5 3 55* Jan. 55* Mar. 11 95^ Feb. 24 AGGREGATE II SALES In Jan. 1 22,000 34,400 4,120 60 2,800 1,500 8,400 94.900 2,400 400 3,100 2,300 5,000 6,100 4,400 4,800 11,100 1,700 17,700 2,000 700 800 1,700 I,800 1,700 5,500 15,100 210 421,100 6,700 2,090 Par 64,300 Cerro de Pasco Copper * 98,700 Certain-Teed Products 1 10,250 6% prior preferred 100 Champion Paper & Fibre Co 800 6% preferred 100 13,700 Common * 3,900 Checker Cab 5 18,400 Chesapeake Corp * 316,900 Chesapeake & Ohio 25 6,600 Preferred series A 100 5,800 JChic & East Illinois RR—100 5,800 6% preferred 100 14,000 jChicago Great Western—100 10,800 4% preferred 100 12,800 Chicago Mail Order Co 5 18,500 JChicMilw St Paul & Pacific.* 15,900 5% preferred 100 39,500 JChicago & North Western. 100 7,000 Preferred 100 50,600 Chicago Pneumatic Tool--—* 5,300 S3 conv preferred * 1,200 Prior pref ($2.50 cum aivs) * 4,100 JChicago R I & Pacific 100 5,100 7% preferred 100 4,500 701,200 18,900 4,190 30 7,600 14,100 20 60 100 10 36,700 50,700 120 3,500 600 50,206 1,100 15,900 660 "5", 600 1,190 1,230 540 12,600 6,075 4,300 7,400 900 203,600 5,800 25 Chrysler Corp 5 City Ice & Fuel * 6% preferred 100 City Investing Co -100 City Stores 5 Clark Equipment * C C C & St Louis Ry 5% pf-100 1,950 Cleve Elec 111 $4.50 Coca-Cola Internat Corp—-* 126,300 Colgate-Palmolive-Peet Co—* 6,100 6% preferred 100 28,700 Collins & Aikman * 1.630 5% preferred — 100 Colonial Beacon Oil Co * - 22,800 Colorado Fuei & Iron Corp.-* 2,120 Colorado & Southern 100 2,330 4% 1st preferred 100 890 4% 2d preferred 100 Columbia Broadcasting 24,000 System Inc class A 2.50 13,875 Class B 2.50 10,100 Columbian Carbon v t c * 16,400 Columbia Pictures Corp v t C-* 2,000 $2.75 conv preferred * 660,900 Columbia G & El common * 18,500 6% preferred series A 100 83,300 1,200 90,200 1,200 519,700 577,000 400 3,500 8,200 300 120 85,600 900 70 230 8,300 9,800 232,600 9,400 24,300 112,000 1,900 2,200 200 1,000 27,200 38.500 15,100 4,700 30,550 800 8,100 16,300 69,700 52,700 5,800 1,790 17.900 500 92,100 79,300 4,700 3,400 19,800 19,400 200 700 37,500 670 36,100 1,700 330 10,200 400 3,600 II.700 7,100 190,400 44,600 50 20 10,300 700 1,300 2,600 270 Bid 5% preferred 100 - —10 Commercial Credit 434% Comm'l conv. preferred—100 Investment Trust—* $4.25 conv. pref ser of 1935. * Commercial Solvents * Commonwealth & Southern * 104,300 $6 preferred * 342,200 Commonwealth Edison Co—25 12,700 Conde Nast Publications * 28,900 Congoleum-Nairn Inc * 300 Congr ess Cigar * 520 Conn Ry & Ltg 4% % pref- -100 163,000 Consol Aircraft Corp 1 4,000 Consolidated Cigar * 220 7% preferred 100 1,320 634% prior pref 100 15,300 Consolidated Film Industry 1 22,300 $2 partic preferred * 758,820 Consol Edison Co of N Y Inc.* 45,800 $5 preferred * 35,500 Consol Laundries Corp 5 248,700 Consolidated Oil Corp * 6,300 Consol RR of Cuba 6% pf.100 7,300 Consolidation Coal Co v t c_25 1,100 5% preferred v t c 100 3,300 Consumers Pow Co $4.50 pref.* 55,100 Container Corp of America.-20 85,600 Continental Baking Co class A * 48,000 Class B— —.* 9,600 8% preferred 100 - 78,550 Continental Can 20 3,000 $4.50 preferred -----* 16,300 Continental Diamond Fibre._5 38,200 Continental Insurance 2.50 469,200 Continental Motors 1 109,800 Continental Oil of Del 5 15,500 Continental Steel Corp .* 5,150 Corn Exch Bank Trust Co 20 42,200 Corn Products Refining 25 2,300 Preferred 100 207,200 Coty Inc 1 165,100 Crane Co 25 17,400 5% conv preferred 100 '9,000 Cream of Wheat ctl's * 33,000 Crosley Corp (The) * 51,400 Crown Cork & Seal * 600 $2.25 conv pref w w— * 3,200 Preferred ex-warrants.. * 81,200 Crown Zellorbach Corp .5 2,350 85 conv preferred * 125,100 Crucible Steel of America—100 5,600 Preferred ----100 890 Cuba RR 6% preferred 100 21,100 Cuban American Sugar——.10 1,110 Preferred -----—100 12,500 Cudahy Packing — 50 29,400 Curtis Publishing Co (The)--* 22,900 Preferred -----—* 674,000 Curtiss Wright Corp.-— 1 164,400 Class A 1 100 Cushman Sons 7% pref----100 140 $8 preferred * 31,300 Cutler-Hammer Inc..—..—* 5JQ00 Davega Stores Corp 5 2,500 Conv 5% preferred -.25 10,000 Davison Chem Corp (The)—-1 790 Dayton Pr & Lt 4 34 % pref-100 For footnotes — - — see page 40* Ask 50% Sale 11% Sale 42 Sale 101% 102% 30 8% 23% Sale 10 Sale Sale IP 334 334 1234 34 \ 89% Sale a?* Sale Sale Sale Mar. 31 Ask Bid Bid 11 Sale Sale 42% Sale 43 37 Sale 7% 35% Sale Sale 100% 100 100 Sale 29 11% 10% 23% Sale 37% Sale 89% 88% % 2% % 2% 11% Sale Ask 21 102 Sale Sale 1 Sale* Sale X Sale 36 47 % 134 1% 8% 13% 1334 Sale Sale Sale Sale 48% Sale 38% 50 Sale Sale M* 47 44% Sale Sale Sale if* Sale Sale 11% Sale 9% 35 83 Sale 10 Sale 80 62 4% Sale 22% Sale 70 111 39 $ Sale 33 irA 45% % Sale 1% Sale 31 34% P 8* 11 2^ 90 2 47 Sale Sale Mar. 2% 13% P 1% 26 1 2 1 Mar. 14 Mar. 13 67 Mar. Mar. 9% Mar. 26 Mar. 9 42 Sale 60 Sale 52 2534 Sale 29% Sale fp 68 Mar. 114% 112% Mar. 115 4 115 Feb. 93 77 9 Sale 23 Mar. 29^% Mar. 10 23 29% Mar. 10 93 78 Mar. Mar. 13 74% Jan. 78 Mar. 13 Mar. 78 43 Sale Jan. 43 Mar. Mar. Jan. Jan. Mar. 5 60% Jan. 30% Alar. 15 42% Sale Sale 25 Mar. 3 52% Mar. 14 42% Mar. 25 Mar. 30% Mar. 3 6 Mar. 2 62 15% Sale 103 31 105 107 104% Sale 20 50 24 20% Sale 7% Sale 5 7% 80 80 Sale 78 Mar. 21 83 Mar. 29 Sale 87% 34 Sale Sale 6 Sale 5 Sale 20 6 Sale Mar. 7 28% Alar. 4 6 Mar. 31 Mar. 31 5 Mar. 30 Alar. 31 14 25 Feb. 6 Mar. 9 Mar. 11 8% Feb. 30% Jan. 1 5 Mar. 31 6 75 Mar. 31 Feb. 27 82% Jan. 1% Feb. 11 88 27 Jan. 24 Sale 29 Sale 29 5 2% 12% Alar.10 Mar. 10 35 Sale 105 Sale xl05 Sale Sale 1 1% Mar. 10 \r» Alar. 10 Alar. 10 6 Alar. 30 107% Mar. 7% Mar. 10 Alar. 31 89 8 Alar. 20 Sale 2 Sale 2 Alar. 31 96% 40 114 Sale 37 Sale Sale 112 Sale 834 35% 3% 26% 26% 54% 65% 172% Sale Sale Sale Sale 27% . Sale 3* Sale Alar, 31 Sale 23% Mar, 31 16% Sale Mar, 31 24 Sale 52 Sale a* Sale 63 Sale 62 175% 173 5 175 Sale 22% 105% 100% Sale Sale Sale 29% 9% 35% Sale Sale 30 9% Sale Sale Sale 42 It* 34 36 33 Sale 13 Sale 10% Sale 87 Sale 82 Sale Sale 74 5 Sale 4 Sale 4 Sale Sale 65 Sale Sale 14% 29 80 80 Sale Sale Sale Sale 12% 4% Sale 40 Sale Sale 4P 2f* 5 Sale Sale 21% 83 73% ui 74 55 Sale Sale 83 49% Sale ip if* 10p Sale* 16 Sale 4% Sale 15% 5% 108 17 Sale 110 3 Mar. 4 3% Mar. 8 Mar. 8 13 97% Alar. 28 15% Alar. 10 1 22% Alar. 43% Mar. Alar, 31 Mar. 31 30 Mar. 27% Alar. 57% Alar. 66% Alar. 6% 31% 2% 23% 16% 5 Jan. 3 Jan. 10 Mar. 28 Jan. 3 1 Jan. 3 Mar. 26 100 Alar. 3 Jan. 4 44 Mar. 31 115% Jan. 18 5 Alar. 31 10% Jan. Mar. 21 35% Mar. 7 Alar. 31 Alar. 31 Alar. 31 Jan. 16 Jan. 3 Jan. 4 10% 31% 29% Jan. 26 57% Jan. 26 66% Alar. 11 176% Jan. 26 6% Alar. 31 38 Feb. 10 110 3 Jan. 31% Jan. 27 12% Alar. 31 41% Jan. 23 40% 8 Feb. 37% Mar. 31 14% 82 Alar. 31 91 Jan. 49 Mar. Mar. Alar. Mar. 36 33 4 Mar. 10 Mar. 10 Jan. Mar. 6 9 Jan. 3 Jan. 3 Mar. 9 Mar. 9 Jan. 3 Feb. 28 Mar. Jan. 4 4 10 44 Alar. 29 Mar. 31 47% Jan. 4 91 Alar. 80 Alar. 25 96 Jan. 5% Alar. 3% Mar. 4 Alar. 22 6 21 3 Mar, 31 Mar, 31 65 Alar. 15% Nar. 5% Mar. 48 Mar. 31 21% Mar 75% Mar 31 6% Mar. 26% Alar. 28 77 itg 109* Jan. 6 Jan. 36% Alar. 31 112 24% Mar. Alar 11* Jan. Alar, 25 12% Mar, 31 4% Alar, 31 Mar 31 40 5 Mar. 10 27 Mar. Alar. 6 16 Jan. 8 Mar. Mar. Mar. Mar. 5% Jan. 61% 172% 3% 21% 99% 26% 8% Mar. 1 Mar, 31 Alar, 22 J* Mar. 8% Mar. 35% Mar. 3% Alar. WA Sale 54 14% 6 172% Alar. 11 176 Mar, 31 6% 21% Mar, 31 35 100% Mar, 31 109 1 29% Mar, 31% Mar, 31 12% 24% Mar, 31 36 Alar, 23 40% Mar, 31 37% 10% Alar, 31 :l4% Mar, 31 82 88% Sale Sale n* 38 8% Mar. Mar. 31 114 6% Alar. 31 31% Mar. 31 6% 31% Sale 5% Sale 33% Sale Alar. 31 36% Alar. 31 112 4 3 Sale 5 Jan. Alar. 8 11 Mar. Alar. 22 100 Sale 8 Mar. 31 si* 1 5% Alar. 31 13% 29 101% Jan. Jan. 8 Alar. Sale 2% Sale 9 Mar. 30 2 5% 3% 5 107% 7% 9% Alar. 31 2 3% 2% Alar. 31 3% 11% Feb. 28 15 Jan. 13 94 97% Mar. 31 11 16% 14% Mar. 31 22% 2 1% Jan. 26 Sale 36 8% 107% 110% Mar. 31 3 Feb. Feb. 13% 2% 64% 28% Alar. 91 7 J an. 60 11 110 Alar.15 Sale 18 27 Jan. Alar. 31 88 91 Sale Jan. 109% Mar. 20 79 6 Sale 48% 3 10 Alar. 1% Sale 98% Sale Sale Jan. Jan. Mar. 31 1 1% Mar. 9% Mar. 31 Sale 83 8 57 Alar. 31 85 14% Alar. 31 1% Mar. 20 Sale Feb. 75 Sale 11 Sale 83 Sale Sale Sale 13 Sale Sale Sale Jan. 85% 1% 9% Sale 634 9 Mar. 14 75 Sale 11 Sale' 6 91 3 14% 1% 43% Sale 4 28 96% Sale Feb. 9 Feb. Sale Sale 15% Jan. 30% Alar. 8 8 3 3 21% Alar. 31 6 Jan. Jan. 1% Alar. 31 3 45% Jan. 26% Alar. 31 6 18% Mar. 18% Alar. 93 25% Jan. Sale 40 10 Alar. 31 3 4 24 14 Sale 74% 62% 45% 105% 49% 107% 23 4 Mar. 31 12 103 6 Feb. 5 Jan. 9% Jan. 7% Jan. 7 6 21 Sale 4% Mar. 20 23% Jan. 18% Jan. 95% Sale Sale 13% Mar. 31 4% Mar. 31 4% Alar. 31 6% Mar. 13 25% Mar. 8 8% Mar. 3 19% Mar. 31 95 Sale 176% 6 Mar. 31 6 Sale Sale Sale 9 6 Mar. 21% Mar. 31 2% Alar. 31 12% Alar. 10 95% Mar. 10 93% 5 9 Alar. 31 84 105% 6% 8% 2% 2% 9 , 6 Sale iP 6 21% Jan. Sale 88 Sale Alar. Mar. eP 80 Sale 31 45% Mar. 31 56% Alar. 8 45% Sale 106% 108% 109% Mar. 20 109% Mar. 20 Mar. 8 60 49% Mar. 31 49% Sale Mar. 8 110 7 107 110% 109% Mar. 111% 107 1 10 Mar. 31 Sale Sale 10 13 13% Mar. Mar. 1 Sale 1% Mar. 31 1% Sale Alar. 9 Sale 51% Mar. 31 51% Sale 26% Mar. 31 28% Mar. 11 26% Sale 28% Sale 86 Sale 30 Sale 78 Sale* 31 107% 58% Sale 8 8% 28% Sale 7 6% 0 6% 21% Sale 8% 8% 106 9% Mar. 31 26% Jan. 26 75 16% 15% «.JMar. 102 Jan. 36% Jan. 81 65 Sale 8% 4 104 9 Sale Sale 2 16% Alar. 8 Mar. 14 Sale 6 Mar. 11% Jan. 101% Feb. 22% Alar. Alar. 91 Sale Jan. 62 Mar. Mar. 31 8 Mar. 16 133 14% Alar. 31 15% Jan. 28 83 Sale 3 135 Jan. 8 Sale Sale 58 Alar. 83 Sale fig 5% Alar. 17 Sale 86 23% 20 31 87 Sale 44 8 9 Mar. 31 41% 38% 33% 14% 15% 5% 4 Mar. 8 Mar. 31 Sale 634 4% 6534 20% Mar. 6% Mar. 6 26% 9% 91 Mar. Mar. Mar. Mar. 31 31 27 43% Sale 110 Sale 31 Mar. Mar. Mar. Mar. Sale 112% 113% 10% Sale 34% Sale 3% Sale 31% Sale 27% Sale 4% Sale 14% 13% 4% 4% 4% Sale Sale 42 42% 23% 127% 119% 23 Sale 17 38 4 6 3% 176 Mar. 27 Sale 66% Mar. 21 105 12% Sale 29% 31 8% Sale Sale 53 4 104 Mar. 27 35% Mar. 11 102% Mar. 22% Mar. 104% 102 13% Sale 4% Sale 4% Sale 5 16% Mar. Sale 3 92% 100 7 Mar. Sale Sale 2 103% Sale 22% Sale 13 15% 6% 9% 16% 19% Sale Sale 85% 9% Sale 94 Sale 87 7% 29% 6% 5% 2534 8% 102 Sale 13 18% 18% 90% 13% 30% 8% 2734 134 10% 31% 61% 14% 15% 85% 9% Sale 8* 60 Mar. 960 1000 14% Sale 10234 103 35% Sale 4* 3 4% Jan. Jan. Mar. Sale Mar. 11 58 Ill Mar. 16 60 9 Alar. Mar. 10 Mar. 16 62 10834 109% 1134 Sale 11 Fep. 131 55 3 Jan. Mar. 11 135 57 5 Jan. Jan. 69 Mar. 10734 108% Mar. Feb. 129 50 9 68 119% Mar. 61% Mar. 7?" Alar. 1 Sale 30% 5 3 26 134 Sale 6 Jan. Mar. 119% Sale Feb. Jan. Alar. 129 15 Mar. 11 18% Alar. Sale 29 Mar. 14 3 4 145 15% 7% Mar. 4 4 54 4% Mar. 130% 61% Sale 4 Jan. Mar, 11 58 132 Sale 4 Jan. 85% Alar. 28 Sale Sale 3 Jan. 127% 16% Jan. 79 Mar. 43 6 5 Mar. 11 66% Jan. 9% Jan. 13134 59% 21% Sale 634 Sale 9% Sale 734 7% 4 Jan. 33* if* 127 1000 4 Jan. 1% 1% 9% 14% Mar. 6 Jan. 43 Sale 60 11 8 Mar. 11 68 Jan. Alar. 4 2 14 Jan. % Alar. Mar. 9 Jan. 1% Jan. 44% Mar. % Jan. 8 8 Alar. 3% 20% 38% 48% % Mar. 1 3 25 % 3% % 3% 13% % 2% Mar. 11% Mar. 34 Fed. 90 Jan. Mar. Mar. Jan. Jan. Mar. Mar. 26 70 % 2% 9% % ;% % Mar. 21 Jan. r25% Mar. 40% Mar, Alar. Mar. 18% Mar. Sale 2 4 85% Mar. 28 Mar. Mar. 113% 114% 113 23 28% Mar. Mar. Mar. 10 Mar. 7% Mar. 3 iH Mar. 27 11 11 54 Sale Mar. 13 9% 13% 11% 31% 85% Sale 52 68 8 9 Mar. 62 9 Mar. Mar. 8 Sale 2 4 11 Jan. 19% Alar. 31 Jan. 86 Jan. % Jan. 7 54 62 9 Mar. 47% Mar. 13 1 % Mar. Mar. 21 Mar. Mar. 80 Sale 8 % Max. 67% Sale 9% Sale 82% 84% 3% 20% Mar. 1 38% Mar. Sale Sale 8 5 Jan. 13 30 21 18% Mar. 44% Mar. % Mar. 1 Sale 1 8 52% Jan. 47% Jan. 102 99% Jan. Mar. Mar. Mar. 20 Mar. 31 7% Mar. 31 35% Mar. 31 37 Mar. Mar. Mar. 1 Mar. 21 % Mar. 23 3% Mar. 8 % Mar. 79% Sale 10% Sale 80% 80 2834 7034 77 2% 10% x25% 40% Mar. 34 Sale Sale 37 29 Sale Sale Sale 9% % % % 2% Sale 102 Mar. 21 Sale 2% Sale Sale 46% Mar. 10 % Mar. 2% Mar. 9% Mar. % Mar. % Mar. % Mar. 2% Mar. 11% Mar. Sale Sale Prices 100% Mar. 88 Sale4 Highest Sale Prices 45% Mar. 9 11% Mar. 10 Mar. 31 7% Mar. 31 35% Mar. 31 37 88 Sale Lowest Sale Prices Sale Prices 8% Mar. 19% Mar. 31% Mar. Sale4 Sale Highest Lowest 8% 19% Sale 31% Sale Sale 19% .. 32,000 36,300 pref—* 40 Special gtd 4% stock 50 86,800 Climax Molybdenum Co——* 162,200 Cluett Peabody & Co —* 300 Preferred ---100 10,400 Coca-Cola Co (The) * 3,400 Class A * 1,140 124,900 189,700 20,800 121,500 ser 10,500 Cleve Graphite Bronze (The)-l 260 Cleve & Pitts RR Co 7% gtd_50 360 100, 10 * 490 Chile Copper 30 4,200 .-100 * 6% preferred 2,000 Chicago Yellow Cab 10,800 Chickasha Cotton Oil 37,700 Childs Co 3,700 9,600 720 1939 Mar. 1 Shares Shares SINCE JAN. Jan. 3 N. Y. STOCK EXCHANGE Since RANGE PRICES IN MARCH Price STOCKS March 33 N. Y. STOCK EXCHANGE—STOCKS April, 1939] — Mar 23 Alar 31 Mar 31 Mar 20 Mar 31 Mar, , 1 49; 23. 5% 17% 7% 110% Mar. Mar. Alar. Alar. Mar. Mar. Alar. Jan. 3% Alar. 31 Alar. 31 65 .12% Alar. 31 4% Alar, 31 39% Alar. 22 8 16 54 5 45 16 Jan. 24 Alar. 31 4% Alar. 31 16% Alar. 20 5% Mar. 31 109 Feb. 28 Jan. 3 4 Jan. 9 Jan. 6 Jan. 41* Alar. 31 21% Alar. 31 6 74% Jan. Jan. Jan. 3 3 Jan. 6 78 Feb. 49% 24% 6% 17% Mar. 23 nf* Jan. Jan. 4 6 Alar. 10 Jan. 3 Jan. 26 34 N. Y. STOCK EXCHANGE—STOCK S AGGREGATE SALES Price STOCKS In Since March Shares Shares 158,200 3,100 2,000 86,700 38,300 2,400 1,300 2,720 4,700 Mar. 1 Par 20% 24% Sale 25 15% 15 Sale 100 169,000 Delaware & Hudson 99,800 Del Lackawanna & Western_50 24% 23% 7% Sale ' 4,800 5,400 7,030 15,900 7,700 15,200 57,800 5,900 17,300 800 30 52,000 2,600 1,000 470 58,000 8,200 11,700 400 22,700 30,200 117,200 42,000 100 113 % * 30% 30% Sale 42 Sale Detroit Edison Devoe & Raynolds A Diamond Match * __25 6% preferred- Diamond T Motor Car Co—2 Distil Corp-Seagrams 980 155,200 3,800 3,200 ' 900 6,900 10,100 5,000 1,900 "5",800 13,400 17,200 1,600 86 Sale * * Dow Chemical Dresser * Co Dunhill International 1 Duplan Silk * 120 8% preferred —100 112,700 Du Pont de Nem & Co (E I)_20 8,500 6% non-voting debs 100 3,800 $4.50 preferred * •1,350 Duquesne Light 5% 1st pf-100 138,700 Eastern Airlines Inc 18,600 Eastern Rolling Mills 5 28,100 Eastman Kodak Co of N J—* 710 6% preferred 52,700 Eaton Mfg Co 40,200 Eitingon Schild 186,200 Electric Auto Lite (The) 193,200 Electric Boat * 5 3 * * * * * 25,400 $6 preferred 22,100 Electric Storage Battery 3,700 Elk Horn Coal Corp 41,800 El Paso Natural Gas Co 3,700 Endicott-Johnson 3 50 2,310 5% preferred 421,200 Engineers Public Service 8,000 $5 conv preferred 6,900 $5.50 preferred w w 3,800 $6 cum preferred 16,300 Equitable Office Building 61,200 Erie RR 21,900 4% 1st preferred 6,000 4% 2d preferred 1,100 60 31,000 2,900 11,400 54,100 1,400 800 2,300 2,100 300 17,900 110 3,000 10 18,700 2,400 9,600 4,600 660 180 7,000 1,800 200 6,800 100 13,900 23,900 200 2,800 32,900 5,400 900 5,900 300 350,000 50,600 700 11,200 280 11,500 780 453,800 3,200 1.700 3,800 3,300 30 4,200 17,000 70 * * * 100 100 100 3 Corp Fairbanks Morse & Co * Fajardo Sug Co Porto Rico—20 Federal Light & Traction 15 $6 preferred * Federal Mining & Smelting-100 100 - * * * 19,200 Federal Water Service A 9,300 Federated Department Stores.* 2,900 4% % preferred 100 30,600 Fidelity Phenix Fire Ins._2.50 110 Filene's 54,600 8,700 40,300 135,700 3,700 (Wm) Sons Co 380 * 10 Firestone Tire & Rubber 6% preferred series First National Stores 100 A * Flintkote Co (The) Florence Stove Co 3,000 Florsheim Shoe (The) cl 8,000 iFollansbee Bros 9,100 Food Machinery Corp 1,340 4%% conv preferred 59,500 Foster- Wheeler * * A—* 16% 11% Sale ih 12 110 115 154 Sale 138 Sale 119 123 116% 117% 16% Sale 17 173 180 10 100 10 * 7% conv preferred 25% 3% 34% 15% Sale Sale Sale Sale 25% 2% 33 % 30 1% 30 Sale 30 Sale 12% Mar. 31 31% Mar. 18 9 19% Mar. 33% Mar. 29 5 Mar. 31 6% Mar. 14 Mar. 31 conv preferred A 18,100 General Mills 1,960 6% preferred 1,221,100 General Motors Corp Preferred 5% 11,700 43,400 General Railway Signal 250 6 % preferred 60 110 Gen Steel Castings $6 pref Gen Theatres Equip Corp Gen Time Instrument 6% preferred 5 145,300 General Tire & Rubber Co. 75,500 Gillette Safety Razor........5 11,000 $5 conv preferred.. ..* For footnotes sea page 40. 115 110% 115 141% Sale 141% 137% 141% 137% Sale 120 118% 117 117% 116 Sale 13 12% Mar. 6 115 4% Sale 4% Sale 165 176% 180% 180 19% Sale 19% 1% Sale 1% 27% Sale 27% 10 Sale 9% Mar. 165 2% Sale Mar. 31 27% 2% 38% 13% 2% Mar. 7% Mar. 26% Mar. 3% 11% 40% 35% 30% 24 Sale 26% Mar. Mar. Mar. 1 31% Mar. 39% Mar zl03%Mar. 8% Mar. Sale Sale 74 80 Mar. 86 Mar. Sale 4 2% Sale 2% 1% Sale Sale 2% Mar. 1% Mar. 4% Mar. 2% Mar. 67 Sale 5 Mar. Mar. Mar. Mar. Mar. 5% Mar. 11% Mar. 22% Mar. 8 Mar. Mar. 9 8 Mar. Mar. Mar. Sale 11% .22% 1% 5% 40% 24% 6$ Sale 5% Sale Sale Sale Sale Sale 2 Sale 6% Sale Sale Sale 26 Sale 4% 7% 14% 1% 4% ,27 23 14 15% Sale Sale 12% Mar. 81 84 85 Sale Sale 83 Mar. 107 97 115 95 110 108 97 Mar. Sale" Sale 3% Mar. Sale Sale 2 Mar. Sale Sale 1 Mar. 21 Mar. 4% 3% JX a Sale 24 86% Sale 34% Sale 18 24% 24% Sale 89% 34% 18% 23% 102 99% 100 42% Sale 31% Sale 36 34% 46% 28% 32 24% 90% Sale Sale Mar. 30 Jan. 26 Mar. 23 44 Mar. 31 58 Mar. 9 1 Jan. 11 Mar. 13 Jan. 16 30 12% 35% 22% 33% 6% 78% Jan. 9 Jan. 16 Jan. 3 Mar. 31 Feb. 24 Mar. 31 Feb. 3 135 Jan. 4 1 Mar. 29 Mar. 14 Jan. Jan. 3 5 11% Jan. 19% Jan. 13 12 Jan. 25 4 115 Jan. 18 24 5 Mar. 31 Jan. Jan. Jan. 5 156% J an. 25 142 Mar. 10 26 121 Jan. 4 118% Feb. Mar. 31 Jan. 31 18% Mar. 8 Jan. 5 27 2 4 31 186% 3 183% 31 27% 3% 22 23 Mar. 31 Mar. 13 Jan. 7% 14% 1% 4% Jan. 5 Feb. 8 Mar. 10 Jan. 4 38% Mar. 10 15% Jan. 4 3% Mar. 6 12% Jan. 19 41% Jan. 20 38 Feb. 30% Mar. 1% J an. 6 3 5 Mar. 13 Jan. 7 Jan. 30 Mar. 10 Jan. 20 Jan. 20 Mar. 8 Jan. 3 Jan. 4 Jan. 4 Jan. 5 5% Mar. 8 13 Jan. 3 24% Jan. 3 2% Jan. 20 6% Feb. 27 Mar. Mar. Mar. Mar. Mar. Mar. 97 25 Jan. 26% Jan. 24 9% Mar. 31 Mar. 15 4 Feb. Mar. 11 4% Mar. Mar. 175% Jan. 19% Mar. 1% Mar. Jan. 15 Jan. 4 16% Mar. 4 Mar. 10 89; 12% Mar. 81 4 Jan. 87 165 27 4 Jan. 23 Mar. 10 23 Jan. Jan. 10 4 9 26 Mar. 31 4 7 Jan. 6 10% 111% 141% 136% 117% 115% 12% 9 Feb. Mar. 9% Jan. 20% Mar. Jan. Feb. 110 Mar. 15 Sale 31 102 Mar. 40% Mar. 19% Mar. Mar. Mar. Sale 2 Mar. 23% 2 25% 104 25% Mar. 104 Mar. Sale 16% Mar Sale 76 . Mar. 23% Mar. 14 3 Mar. 10 Mar. Sale Sale 10% Mar. 96% Mar. 4% Mar. 14 Sale 13 95 101 96% 101 5% Sale 15% 16% 50 47% 8% 8% 100% 103% Sale Sale Sale 50 Sale 103 Sale 59 Sale 9% Sale 10 Sale Sale 140 Sale 152 Sale 43% Sale 39% Sale 39 78 41% 41 115 Sale Sale Sale 49* 126* Sale Sale 38 6% Sale Sale 90 Sale 1 Sale 19 40 V 30 14 Sale Sale Sale >15 ffl7 99% "23! Sale 8] 51 Sale Sale Mar. . 2 Mar. 31 Mar. 100 6 Mar. 27 Mar. 3 17% 49% 8% 103% 59% Mar. 9 Mar. 14 Mar. 3 Mar. 28 Mar. 1 11 148 3 Mar. 4 Mar. 9 Mar. 13 Mar. 11 Mar. 8 9 Mar. 16 Sale 19 Mar. 32% Mar. 70 Sale 52% Mar. 24 Sale 22 Mar. 130 Sale 129 Mar. Sale Sale Sale Sale 116 Sale Sale 33% Mar. 39% Mar. 115 Sale Sale Mar. 3 Mar. 9 Mar. Mar. 83 127 30 Mar. Sale 4% Mar. Sale 7 Mar. 108% 108 Mar. 1% 24% 87% 1% 18% 34% 26% 13% Sale Sale 1 Mar. Sale Sale 15 Mar. Mar. Mar. 16 Sale 18% 94% Sale Sale Sale Sale Sale Sale Sale 99% Sale 7% Sale 49 U 50% Sale Sale 99% Sale Sale Sale Mar. 10 Mar. Sale 92 Sale 43 42% Mar. 15 116% Mar. 31 1 40% Mar. 123% Mar. Sale 130% Mar. 31 55 122 39 36% 5% Sale 9% 9% 24 8 Mar. 13 Mar. 6 Mar. Sale Sale 70 % Mar. Sale Sale 63% 3 3% Mar. 14 12% Mar. 15 13% Mar. 13 Mar. Sale "26" 2% Mar. 14 140 76 Sale 108 26% Sale 14 47% Mar. 6% Mar. 103% Mar. 47% Mar. 8% Mar. 49 75 124 Sale Sale Sale 1% Mar. 49% Sale Sale Mar. 15 Mar. Sale 114 8 9 20 Sale 23% 84 _ 4 9 Sale Sale 129 2% Mar. 30% Mar. 105% Mar. 26% Mar. 9 6 38 Ay* Sale 130 Mar. Mar. 2% Mar. 3 23% Sale 20 38 10 140 29% Mar. 34% Mar. _ Sale Sale Sale Mar. Sale Sale 104% 47 3 4 6% Sale 18% Sale 51% 51% 25% Mar. 9 104% Mar. 16 50 Sale 13 2% 35 Mar. 10 23 19 Mar. 17 31 25% Mar. 18% Jan. 19% Mar. 99% Jan. 40% Mar. 19% Mar. Sale 90% Mar. 31 Jan. Mar. 17 30 18 2% 21 19 Sale 26 19 18% Mar. 19% Mar. Sale 106 Sale 6 7 Jan. Mar. 31 Sale 105 Jan. Mar. 31 1 Mar. 10 Sale Sale 3% 1% 26% 89% 2 35 Sale 30 _ 3% Mar. 31 Mar. 102% 34% Mar. Mar. Mar. Mar. 11 Mar. 2 83% Mar. 24% Sale 4% 3% 1% 26% 89% 31 Sale 15 3 Sale 2% Sale 107% Sale 28% Sale 124% 50% 123% 34% 6% 10% 107% Jan. Sale Sale 20 19% 3 Sale 127 1 114% Feb. 25% Mar. 6 16% Mar. 4 89% Mar. 10 110 Feb. Mar. 96 4% Sale" 3% Sale 1% 133 2 43* Mar. 31 15% 25% 8% 1% 123% 32% 32% 28 Jan. 25 36 38% Jan. 19 43% £103% Mar.22 111 11% 8% Mar. 31 68 Jan. 16 78 71% Jan. 3 80 76 Jan. 14 86 1% 1% Mar. 31 1% Jan. 23 2% 2% Mar. 31 5% 3 1% Mar. 31 1% Mar. Sale 5 1 2 ^ Mar. 31 26% Mar. 31 1% Mar. a 26 26 12% Mar. 31 30% Jan. 26 24 Mar. Mar. 79 24 9 Jan. 7% Mar. 31 a:105% Mar. 11% Mar. 76 30 26 Jan. Jan. 26% Mar. 31 Mar. Mar. Mar. Mar. 13 9 36 43 17 23% 12% 15% 4% % 113% 23% 28% 40% 6% 15% 79% 10% 2 Mar. Mar. Mar. Mar. Mar. 1% Mar. 1 % Mar. 28% Sale 59 Mar. 2 Mar. 10 Mar. ' Mar. 10 Mar. 4 Sale 1% 100 3 Mar. 13 1% Sale 6% 87 6% Mar. 179 1% 24% Sale 18 2 Sale 2% 25 18% Mar. Mar. Mar. Mar. Mar. Sale Sale 6 Mar. 10 2:181 % 26% 8% Mar. Mar. 11 Mar. 14 120% Mar. 28 Mar. 24 118% Mar. 3 Sale Sale 1 Mar. 15 9% Mar. 9 1 13% Mar. 11% Mar. 16 Mar. 31 156 Mar. 24 142 7 26 24 Sale 72% Mar. 1 129 Mar. Mar. 79 64 Corp. 100 6 74 Sale * * Mar. Sale Sale Gen Realty & Utilities Corp__l $6 preferred * General Refractories * Mar. 10 11 Sale 72 * 100 10 12 84% 1% 1% 35 2,900 Gen Outdoor Advertising A._* Common * 20,400 13.300 General Printing Ink: 1 290 $6 preferred * * 10,400 General Public Service Sale Mar. 69 * 10 * 10 10 Sale 100 * 100 100 Mar. 31 Sale 4 3% 15% Sale 30 31% * 6 69 4% Sale 17% Sale * 116 Sale J-05 * * 58 Sale 75 Sale * 127,000 General Foods 4,200 $4.50 preferred * 38,600 General Gas & Electric cl A._* Sale 78 78 35 6 Sale 2% $6 35% Mar. 31 58% 123% 10% 72% 29% 470 Sale 6 Sale Sale Sale 84 5 105 7,900 Gabriel Co (The) class A * 22,200 Gair Co Inc (Robt) 1 8,700 $3 preferred 10 1,710 Gamewell Co (The) * 260 Gannett Co Inc conv $6 pref-.* 3 16,900 Gar Wood Industries Inc. 6,300 Gaylord Container Corp 5 2,100 5%% conv preferred 50 21,800 Gen American Investors * 645,900 General Electric Sale Sale 82 7% preferred Mar. 13 Mar. 7 Sale 43 620 12 40 58 5 Mar. 32% 90 Sale * 5 5 * Sale Sale Sale Mar. 11 Sale 4% 3% 600 $6 preferred..42,300 Gen Amer Transp Corp.. 61,000 General Baking Co 650 $8 1st preferred 7,100 General Bronze 91,500 General Cable Class A 14,100 Preferred 7% 2,900 10,600 General Cigar Inc 7 Sale 182 87 Sale 48% 47,200 Freeport Sulphur Co_— Sale Mar. 17 41 100 _10 120 Franklin Simon pref 12 Mar. 13 1 Sale Sale 43 Sale Mar. 13 20% Mar. Sale 1% Sale 13 Sale A* Sale 6 Mar. 31 1% 31% 2 ..... 5% Mar. Sale 30 110% 9% Sale 66% 68% 71% Sale 9 1 Sale 43 Sale 3 Mar. Mar. Sale Sale 9 Mar. 6% Mar. 31 Sale 41 Mar. Sale 2% 11% 39% 33% 29 76 114 Mar. 31 12% 31% 35% Sale 12% Sale 2% Sale 11% Sale 37% Sale .33% Sale 125 Mar. 31 Sale 6% Sale Mar. 10 ,48 11% 110% 115 149% Sale 140% Sale 118% 120 117 118% 7% Sale 184 * 6,400 Francisco Sugar Co 43,700 10,600 48,600 9,010 24,700 4,500 30,500 4,700 1 * Exchange Buffet Corp * Fairbanks Co 8% preferred.100 Federal Motor Truck 7,600 Federal Screw Works 19,300 5,900 20,000 3,740 9,800 2,000 76,600 100 Erie & Pittsburgh RR Co—50 17", 300 Eureka Vacuum Cleaner 5 32,400 Evans Products Co 5 Preferred 12,000 116 100 175% Sale 29,000 American shares 314,6'*° Electric Power & Light 87,400 $7 preferred Ex-Cell-0 Sale * Mfg Co Mar. 23 122 32 23% Mar. 30 Mar. 31 29 32% 40% Mar. 23 42% Sale Sale 85 5% 72% Douglas Aircraft Co Inc 9 Mar. 23 Mar. 9 84 Sale 6 Sale 5% 78% 132% Mar. Sale Sale Dominion Stores Ltd— " 25% 15% 25% 7% 1% Sale llV* 5,100 311,400 22,000 12,200 71,400 1,600 Sale 24 29 32 * * Ltd Sale 24% Mar. 8 12% Mar. 31 15% Mar. 31 41% 6% 16% Sale Sale \ Sale Highest Sale Prices Sale 33 ClclSS Sale Lowest Sale Prices Sale 18,900 Doehler Die Casting Co—__* 3,000 112 Sale Highest Sale Prices 17% Mar. 31 Sale 73,500 Dome Mines 33"200 2,700 13,100 6,100 83 17% 25% 12% 15% 4% % Ask 24 Sale 700 510 31% 41% 8% 20% Sale 84 1% 125 29% Sale Sale 20 1% 120 Sale 100 5% pref with warrants , Sale 10% 34% "7,566 660 Sale Sale 12% 34% Sale 22% Sale 57,600 3,900 1,450 46,800 13,000 8,700 1,040 1,000 13,100 5,800 3,200 8% \Vi c * Ltd Elec & Musical Industries 11,500 103,500 20,000 6,400 7,300 1,200 21,500 1,900 Sale Sale 1% 6,200 Dixie-Vortex Co 11,500 8 JDenver Rio Gr & West pf_100 Partic 1 Sale Prices Lowest Mar. 31 Ask Bid Sale 4,000 1,290 85,600 Bid 15 2,200 2,800 Ask 24% 1,000 8,000 32,400 Bid 20 % .... Preferred 6,100 Deisel-Wemmer-Gilb SINCE JAN. 1939 ...* 20 Corp._ 10 10,300 2,200 8,100 20,200 N. Y. STOCK EXCHANGE 284,200 Deere & Co RANGE PRICES IN MARCH Jan. 3 Jan. 1 91 1 16% Mar. 24% Mar. 17% Mar. 12 Mar. 12% Mar. 98% Mar. 19% Mar. 6% Mar. x49 Mar. Mar. 17 Mar. 14 51% Mar. 9 125% Mar. 11 37 Mar. 3 Mar. 6 26 83% Mar. 31 30 Jan. 17% Jan. 2 104 16% Mar. 76 16 20 Mar. 1 5 Mar. 31 2% Mar. 23 90% Jan. 3% Jan. 5 5 C 55 Jan. 9 13 30 Jan. 3 Jan. Jan. 3 13 Jan. 2 14 10% Mar. 31 95% Jan. 28 100 4% Mar. 31 Jan. 3 Mar. 31 19%Mar. 28 38 I* 10 14 Feb. 23 Feb. 14 Mar. 31 Mar. 31 1* 18^ 5 Mar. 27 Jan. 5 Jan. 3 17 Jan. 3 9 6% Mar. 31 Jan. 26 103% Mar. 28 96 47% Mar. 22 52 47% Mar. 31 8% Jan. 26 60% Jan. 134 3 9 19 11 Jan. Mar. 5 9 18 148 Mar. 13 Mar. 31 4 4% Jan. 18 Jan. 4 Mar. 31 Jan. 3 Mar. 31 35 Jan. 52% Mar. 31 75 Jan. 4 6 21% Jan. 28 25% Jan. 125% Jan. 31 130% Mar. 31 5 44% Jan. 33% Mar. 31 36% Jan. 27 42% Mar. 15 114 39* Jan. 3 117 Mar. 21 Jan. 3 72% Jan. 26 122 dH 83 Mar. 30 127 40% Mar. 31 Jan. 12 Jan. 5 9 Mar. Mar. 17 Jan. Mar. 27 9 123% Mar. 31 125% Mar. 11 Mar. 31 Feb. 28 38 30 Mar. 31 Jan. S Mar. 31 10% Jan. 3 6 106% Jan. 11 110 1 Mar. 24 Mar. 31 Jan. Mar. 14 24 Mar. 31 17 Mar. 31 9 9 11 15 28% Mar. 15%jMar. 6 10 108% Jan. 31 29% Jan. 90 36 Feb. 3% Jan. 35% Jan. Mar. 3 Mar. 1 Mar. 22 Mar. 10 20% Mar. 10 1% 24% 91% 1% Mar. 11 16 104% Mar. 16 48% Feb. 16 31 4 31% Jan. 27 J an. 36 5 Mar. 31 Feb. Jan. 31 25% Mar. 22 5% Mar. 9 9% Mar. 10 110 2 6 1 165: 3 1% Jan. 20 28 Jan. 6 91% Mar. 22 Mar. 23 Mar. 31 Mar. Jan. 3 # Jan. Jan. 4 32 4 9 S 15 Jan. Jan. 16 Mar. 1 12 Mar. 31 16 Jan. 99 Mar. 6 98 Mar. 28 99 27% Mar. 10 7% Mar. 4 19* Jan. 26 27 54 44 Feb. 8 Mar. 10 Jan. 3 Mar. 14 9 Mar. 14 11 6 Feb. 10 Mar. 31 8 26 54 Jan. 4 35 EXCHANGE-STOCKS N. Y. STOCK April, 1939] AGGREGATE SALES 1939 Mar. 1 Jan. 1 Par 133,200 Gimbel Brothers 12* Sale Sale Sale Sale 57 Mar. 31 23* 21* 46* 2% 2% Sale Sale 14* Mar. 31 Sale 39 Sale 39 Mar. 31 Sale 3 Sale 2% 2* 74* 15* Mar. 47 2% 2% Sale Sale 70 74% 78 Sale Sale 64 * Sale 22% 65% Sale 61 38% Sale 34* Sale 26 106 Sale 100 Sale 75 65 109 Sale 5 Sale 820 Preferred 100 82,200 Graham-Paige Motors 1 Granby Consolidated Mining 46,000 Smelting & Power Ltd 5 7,400 Grand Union Co (The)-1 12,100 $3 conv preferred series * 7,600 Granite City Steel * 25,900 Grant (W T)--. 10 1% Sale 7% Sale \H Sale a 12% Sale Sale 35 40 20 Sale Sale 2,400 Gulf Mobile & Northern.-.100 2,100 6% preferred-100 21 Sale I,000 Hackensack Water 25 30 31 25 32% 11% 15 % Sale -.100 99 * 97 31 Sale 10 1.700 Hamilton Watch 360 * 6% preferred 479 Hanna (M A) Co $5 pref ™ 22,400 Harbison Walker Refrac Hat Corp class A._; 1,059 6 * % preferred with warr 35,100 Hayes Body Corp 1.000 Helme (G W) 9°9 2 25 27,509 Hercules Powder 4,600 , $4 conv preferred 19 __ 5 * 100 7% preferred 12.50 5,809 Houdaille-Hershey class A—* 82,200 Class B * — Sale 12 Sale 13* Sale Sale 36 Sale 32 137 66 31 45 14% 104% 64 6 c 14* Sale 77 135 Sale 56* 105 Sale 106 3 7* Jan. 3 Mar. 17* Mar. 13* Mar. 19* Mar. 108 24* 22* 12* 19* 24* 135* 15* Mar. 10 29* Mar. 10 Mar. 11 28 Mar. 25 Mar. 139 136* Mar. 1 Mar 20 35 Mar 31 Mar 31 Mar 11 Mar 31 Mar 22 Sale Sale * Mar. 4* Mar. 18* Mar. Jan. 1 * Jan. 27 15* Mar. 3 Jan. 5 20 27 x31% Mar. 13 23 Jan. 7 24 Jan. 26 Mar. 31 28 5 16* Jan. 31* Jan. Jan. 28 Jan. 13 139 4 Mar. 11 31 1 Mar. Jan. Jan. 26 11* * 11* 3* Jan. Mar. Mar. Mar. 27 11 31 22 14 Mar. 31 22 Jan. 27 31 Jan. 2 3 9 14 Mar Mar. 30* Mar. 10 36 35* Mar. 11* Mar. 32 Mar. 9 Mar. Sale 16 Mar. Sale 20 136 6 Mar. 76 Mar. Sale Mar. Mar. 24 110 Feb. 159 Jan. 117 Mar. 31 78* Mar. 135* Mar. 68* Mar. 130 Mar. 55 Mar. 104 107 105 Mar. 19 Mar. 35 Mar. 49 109* 106* 108* 105* Mar. Sale 8 Mar. 8 9* Sale 11* Mar. 11* Sale 13* Sale 109 Mar. 9 Sale 10* Sale Sale 3 Mar. 18 135* Mar. 6 Jan. 28 Mar. 10 61 Mar. 31 51 105* Mar. 18 110 7* Jan. 26 11* 11* Mar. 31 15* 104* Jan. 12 104* 60* Mar. 31 66 29* Mar. 31 36* 9* Mar. 31 17* 11* Mar. 13* Mar. 60* Mar. 31 29* Mar. 31 9* Mar. 31 Jan. 35 110 61* 29* 86 7 xl04* Jan. 24 109* Feb. Jan. 19 17* Mar. 31 Mar. 108 5 68* Mar. 31 9 109* Mar. 15 17* Mar. Sale Mar. 24 17 54 Sale 20 117 21 165 Jan. 130 17* Mar. 11 Feb. 6 35 79 17 Mar. 10 61 19 11* Mar. 31 Mar. 31 165 60 Jan. Mar. 10 16* Mar. 14 Mar. 24 5 2* Mar. 31 4* Jan. Jan. 4 97* Mar. 31 106 9* Mar. 31 12* Mar. 10 12* Mar. 10 Mar. Feb. 5 103 Mar. 17 Jan. 4 32 4 138* Jan. 11 3 7* Mar. 10 4* Feb. 3 Mar. 11 106 12 Mar. 31 Mar. 71 Mar. 11 3* Mar. 3 35* Mar. 17* Mar. 10 18 103* Mar. 28 Jan. 20 136 4 4 26 99* Feb. 7* Mar. 10 79 Mar. 56 Sale Mar. Jan. 100 27* Mar. 14 136 5 27 16 Mar. 17 103 Mar. Sale 3 Jan. 8* Jan. 3 17* Mar. 10 103* Mar. 28 Mar. 68* 130* 21 29* Jan. 34 32* Mar. 14 40 Jan. 5 21* Mar. 12* Jan. 1* Jan. 18* Feb. 5* Jan. 16 35 30 Sale 2* 97* 26 9 31* Sale Sale Sale 80 3 Mar. 17 14 Sale 65 Jan. 24* Jan. Mar. 20 21* Mar. 12* Mar. 18* 35 33* 15* Sale 3 5 Mar. 31 12 9 Mar. 23 Feb. 75 x31 * Mar. 13 23* Mar. 14 49 95 Sale 31% 33* 17% Sale 1* Jan. 7* Mar. 10 1 1* Mar. 15* Mar. 3 Mar. 2* Sale 97* 9* 9* Sale 109 116* 110* 159* 159* Sale Sale 12 11* Sale 55 134 3 Mar. 31 136 6* Sale Sale 79 Sale 3 Mar. 3 5* Jan. 27 1* Mar. 27 11* Jan. 26 12 130 Sale 5 Jan* 1 3* 3 16* 11* * 11* 3* 20 161 Jan. Mar. 31 Jan. 1* Mar. Mar. 102* 103* 100 Sale 103 101* Mar. 102* 104 11* Sale 110* Sale 4 Mar. 16 4 16 9* 100 9 Mar. 13 Jan. 26 Mar. 31 107* Mar. Mar. 5 Mar. Mar. 31 80 9 Sale 79 24* 74* Mar. 31 38* Mar. 31 109* Jan. 25 27* Mar. 3* Sale Sale Sale Mar. 10 35 14 3 36 12 45 30 35 76 Mar. 31 32* Mar. 14 u* Sale 4 7 Mar. 3* Mar. 14 4 2* Jan. 15* Mar. 31 74* Mar. 16 5* Mar. 1* Mar. 16* Sale 11* Sale 34 Jan. 70 9 31 18 138 79 23* Mar. 32 Sale 2* Jan. 23 2* Mar. 31 Mar. 13 Mar. 22 Mar. 31 Mar 30* 136 Mar. 31 27 17 Sale 47 24 60 29* 33* 11* 104 Mar. 31 27* Sale 19* Sale 11* Sale * 15 18* 4 4* 26 Sale Sale 39 3* M^r. 14 2* Mar. 10 * Mar. 31 Sale 45 7 Mar. 47 1 Mar. 31 75 19* Sale 25* Sale Sale 3 13* Jan. 66* Mar. 11 5 24* Jan. 3* Mar. 31 Sale 14* 28* 26* 138* Mar. 31 56 100 27* Sale 23* 23* Jan. 14* 25 Sale 12 102 20 17% 50% Sale 107 % 111* 9% 9% 98 52,300 Homestake Mining Sale 100 10% 104 10 790 $5 conv preferred 15,400 Hollander (A) & Son. 14.800 Holly Sugar Corp 1* 13* Sale Pnces 53 61 5* Sale 1% Sale 100 55 1.109 Hinde & Dauch Paper Co—10 (Del) Sale 105 133 100 * * * 17 86 * 1.450 6% preferred 3.800 Hershey Chocolate— 3* Sale Sale Sale Sale Sale 6* 16 * "l6* 15,600 Hercules Motors— 41.300 Holland Furnace 33 72% 74% 3% Sale 106 1065* 11% Sale 109% 111 159* 100 7% preferred 5% 6 1 100 25 1 ,4'499 Hazel-Atlas Glass Co 147.199 Hecker Products Corp * Sale 138% ---100 6 % preferred ,« * Sale Sale Sale Sale 23 Sale Sale 15* 17 12% % 17% 4% ™ 77 Sale 135% 137 40 49% 27% Sale * 5^9 Preferred A 22,600 Hall Printing 1* 16 26 100 8% preferred 76 29 18* i34 ^49 Greene Cananea Copper—100 435,800 Greyhound Corp (The) * 21,800 5*% preferred 10 280 4* Sale 30% RR-100 1 5*599 Guantanamo Sugar 105 Sale Jt* 54,600 Great North Iron Ore Prop.--* 299,600 Great Northern pref_ 100 25,500 Great West Sugar .— * 1,580 Preferred 100 Green Bay & Western 55,900 Green (H L) Co 80 74 20 5% preferred Sale 24* * , Sale Highest Sale Prices Mar. 31 8 9 13* Mar. 66* Mar. 11 23* Mar. 9 Mar. 31 59 Sale 8* 57* 15* 8 Sale 45 Lowest Highest Sate Prices Sale * * r* * 14,600 Gotham Silk Hosiery Ask 13% 440 Gold & Stock Teleg Co__.100 173,500 Goodrich (B F) 19,100 $5 preferred 348,100 Goodyear T & R_ 10,400 $5 preferred— lowest Sale Prices Mar. 31 Ask Bid Bid 60 * * 50 1 ^..1 66,900 Gobel (Adolf) 28,600 Goebel Brewing Co Ask Bid * 6,200 $6 preferred 42,900 Glidden Co (The) 2,700 4* % conv preferred I 1 Jan. 3 Shares „„ RANGE SINCE JAN. PRICES IN MARCH Price STOCKS n. y. stock exchange Since Mar. 10 36* Mar. 9 66 16* Mar. 11 7 4 Jan. Jan. 6 Mar. 9 Jan. 4 Jan. 12 Mar. 10 Mar. 9 Jan. 3 Household Finance— 0.099 .4,300 * Common stock 5% preferred 70* Sale 100 104 Sale 63,800 Houston Oil of Texas v t C-.25 40,300 Howe Sound Co— 5 8 Sale 7.999 Hudson & Manhattan.. 100 I.399 5% preferred 100 §£'i99 Hud Bay Min & Sm Co Ltd 100 56,700 Hudson Motor Car 85,300 Hupp Motor Car Corp 245,900 Illinois Central 7 >009 2,980 * 1 100 - 6 % preferred series A 100 Leased line 4% 100 4'9i9 RR sec stock ctfs ser A. 1000 10 57,o09 Industrial Rayon Corp * 3,700 Indian Refining 11.900 Ingersol-Rand 449 * 37.199 tlnterboro Rap Trans 119 * 2,119 6% preferred^9-299 Intercontinental Rubber 144,700 Interlake Iron 13,500 Internat Agricultural 100 * * * Prior preferred II,200 int. Business Machines 132,000 International Harvester 100 * * 100 7% preferred 113,400 Internat Hydro-Elec Sys A.25 63,290 International Mercan Marine-* 14,500 Internation Mining Corp 1 369,899 International Nickel of Canada* 1,300 100 Preferred Sale Sale 148 100 16,700 Interchemical Corp ,,4*199 2 20* Sale 34* Sale 44* Sale 10* 11* 7* Sale 24* Sale 100 6% preferred 31,500 Inland Steel * 127.200 Inspiration Cons Copper—20 17,900 Insurancshares Ctfs Inc 1 4,809 50* Sale 1% Sale 4% 5% 34% Sale 8* Sale 93 Sale 14* Sale 2* Sale 25* Sale 180 184* 60* Sale 157 159* 7* Sale 3* Sale 8* Sale 55* 132 7 Sale 52* Sale 1* Sale 4* 5* 34* Sale 7* Sale 1* Sale Sale 134* 5* 18* 28* Sale 30* 11* Sale 19 Sale 41 Sale Sale Sale Sale 9* 6* 26* 111 10 6* Sale Sale 89* 90* 14* Sale 4* 4* 8* Sale 26* 27 93* Sale 3* 3* 13 2* 23* 184* 61* 161* 7% 3* 8 Sale Sale 25* Sale Sale Sale Sale Sale 8* 52* Sale 136 138 67 * Mar. 31 70* Jan. 3 9 109* Mar. 16 103* Jan. 5* Mar. 31 8* Jan. 6 44 Jan. 27 55 * Mar. 9 1* Jan. 12 1% Jan. 20 9 3* Mar. 31 5* Jan. 29* Mar. 31 35* Jan. 10 5 Mar. 31 5 8* Jan. 3 1* Mar. 31 2* Jan. 67* Mar. 31 70* Mar. Sale 106* zl04*Mar. 30 109* Mar. 7* Mar. 5* Mar. 31 Sale 45* Mar. 31 55* Mar. 46 Sale 1* Mar. 1 * Sale 1* Mar. 22 3* Mar. 31 5* Mar. 3* Sale 34* Mar. 29* Mar. 31 30 Sale 5 Mar. 31 7* Mar. 5 Sale 1* Mar. 31 1* Mar. 1* Sale 67* 103 45 151 Sale 16* Sale 4* 4* 7* 8* 28* Sale 92* Sale 4 70 Sale 108* Sale 7 5 20* Sale 95* Sale 146* 77 Sale 10* Sale 4* Sale 5% Sale 19* Sale 92* 95 2* Sale 8* Sale 2 Sale 19 Sale 68 Sale 54 Sale 59* Sale 4* Sale 3* Sale 6* Sale Sale 135* 137 46 11* Mar. 31 19 41 Mar. 31 Mar. 31 Mar. 31 Mar. 31 Mar. 31 18* Mar. 32 Mar. 49 Mar. 13 41 20* Jan. 4 35 Jan. 3 Jan. 49 Mar. 13 28 Mar. 31 7 4 Mar. 9 7 10 11* Jan. Mar. 31 5 Jan. 6 8 Mar. 8 5 Mar. 31 7 20* Mar. 31 Mar. 2 27 29* Jan. 16 20* Mar. 31 Jan. 3 95* Mar. 31 119 95* Mar. 31 112* Mar. 11 Feb. 8 Mar. 7 148* Mar. 20 151 148* Mar. 20 151 Mar. 31 77 4 77 Mar. 31 94* Jan. 93* Mar. 11 5 10* Mar. 31 17* Jan. 10* Mar. 31 16* Mar. 10 Mar. 2 4* Jan; 14 Mar. 2 5 5 4* Mar. 31 1 5* Mar. 31 9* Mar. 9* Mar. 5* Mar. 31 3 19* Mar. 31 Mar. 28* Jan. 27 19* Mar. 31 9 1 91* Jan. 92 Mar. 20 93* Mar. 93* Mar. Jan. Mar. 31 2* Mar. 31 2 3* Mar. Jan. Mar. 31 Mar. 8* Mar. 31 8 15* 13* Mar. 30 2 4 Mar. 30 2 3* Jan. 2* Mar. 11 Mar. 31 19 4 Mar. 31 19 27* Jan. 23* Mar. 7 Mar. 31 195* Mar. IS Mar. 31 195* Mar. 13 168 168 Jan. 26 52 9 66* Mar. 53* Mar. 31 66* Mar. 9 159* Mar. 31 162* Mar. 23 159* Mar. 31 162* Mar. 23 5 4* Mar, 31 7* Mar. 10 8* Jan. 4* Mar. 31 3* Mar. 31 4* Jan. 12 3* Mar, 31 4* Mar. 13 £ 6* Mar. 31 6* Mar, 31 8* Mar. 3 8* Jan. 46 Mar. 31 136* Mar. 55 Mar. 11 8 136* Mar. 8 46 134 Jan. Jan. 26 55* Jan. Feb. 3 17 14* Jan. 8 Jan. S 11 137 International Paper & Power— 271,700 157,400 II,910 4,490 5,000 17,300 13,500 2,520 415,400 86,900 32.200 710 6,900 700 10,600 70 24,400 45,500 500 F«r footnotes see * * 50 _ International Shoe International Silver 100 7% preferred International Tele & Tel Foreign share certificates.. Interstate Department Stores * Preferred 10 6,800 Jewel Tea Inc.. 46,100 Johns-Manville 5,600 8,900 330 16,800 3,600 -.100 Amer.-* 100 5% preferred International Salt 5,700 Intertype Corp 4,800 Island Creek Coal 470 $6 preferred 520 15 New 5% conv preferred internatl Rys of Cent * 1 * —* 100 Jones & Laugh Steel pref..100 Kalamazoo Stove & Furn Co 10 Kansas City Lt 1st pref Ber B_* Kansas City Southern.._—100 4% preferred —-100 Kaurmann Department Stores 1 5% conv preferred. ._—100 Kayser (J) & Co -.5 Keith-Albee Orpheum pref. 100 Kelsey Hayes Wheel— Convertible class A -.--1 Conv class B.. 1 Kendall Co |6 part pref ser A.* Preferred.... page 40. 14* Sale 51* Sale 3* 3* 12* 42* 4* Sale Sale Sale 39 45* Sale 30* 43 30* 32 Sale Sale 25* 84* 9* 9* 14* Sale Sale Sale 76 73* Sale 105 Sale 130 63* 18* 120 11* 22* Sale 19 121 11 Sale Sale 12* 99 105 14* Sale 87 95 13 Sale 8 Sale 91 Sale Sal© 79 124 93* 23* Sale 88 Sale Sale Sale 9 10* 20* Sale 122 Sale 8* Sale 31* Sale 4* Sale 46* Sale 31 33* 32* Sale 9 20 124 75 95* 129* 54 100 10 20* Sale x95 6* 6* 9* 81* 9 124 70 71 Sale 122 Sale 44 90 12* Sale 8 80 Sal© 83 53* Mar. 10 Mar. 9 Mar. 11 1* 31* Mar. 96 9 Mar. 24 Mar. 1 9* Mar. 1 14* Mar. 14 Mar. 31 10* Mar. 6 20* Mar. 20 83 3 125 Mar. 9 9* Mar. 9 19 Mar. Mar. 28 12 Mar. 13 Mar. 10 98 Mar. 10 Mar. 31 15* Mar. _ 3 8 10 6 80 Mar. 31 Mar. 31 Mar. 14* Mar. 8 10* Mar. 8 85* Mar 18 Mar. 31* Mar. 3* Jan. 39* Jan. 29 Jan. 31* Jan. 22* Jan. 84 Jan. 6* Mar. 6* Mar. 9* Mar. 77* Jan. 9 Mar. 19* Feb. 120 Jan. 70 70 Jan. Mar. 125* Mar. 44 Mar. 15 Mar. 117* Jan. 6* Mar. 14* Mar. 8* Feb. 97 5J* ft* 35* 31* 96 9* 9* Mar. 10 Feb. 10 Jan. 21 Mar. 9 Mar. 24 Jan. 10 Feb. 28 8 14* Jan. Mar. 31 10* 20* 125 79* 105 132 64 Jan. S Mar. 20 Mar. 0 Mar. IS Jan. 8 Jan. 1® Jan. 19* Jan. 4 7 12lS Jan. 20 11* Jan. 4 23 12 Mar. 18 Jan. Jan. p Feb. 95 9* Jan. 27 6* Jan. 24 MKr. 2 92 80 Mar. 1® 83 Feb. 13* Mar. 88 98 10* Sale 6* Sale 84* 78 Mar. Mar. 31 13* Sale 87 Mar. 29 Mar. 31 98 15* Mar. 31 Mar. 31 Mar. 15 Mar. 10 88 Sale 121 Sale Sale Sale 90 Mar. 16 Mar. 31 13* Mar. 10 47* Mar. 10 Mar. 31 79* Mar. 16 Mar. 31 98* Mar. 10 Mar. 31 130 Mar. 7 Mar. 31 Mar. 3 Mar. 18 Mar. 10 Mar. 13 121 Mar. 10 Sale Sale 15* Mar. 22 19* Mar. 25 126 Sale 85 Mar. 31 32* Mar. 31 23* Mar. 31 Sale 9 Sale 98 31 19* Sale 116* 123 15 17 18* 118* 120* 117* 6* 9* 8* Sale 19 14* 10* 11* 10* 90 90 6* Sale 6% Sale 9* Sale 81* Sale 8 31* Mar. 31 4* Mar. SI 45* Mar. 1 Jan. Jan. 14* Mar. 10* Mar. Jan. 4 17 20 18 8 S 11 N. Y. STOCK EXCHANGE—STOCKS 36 AGGREGATE SALES PRICES Price STOCKS Since In March Mar. Shares 323,000 8,900 1,100 3,000 1,020 650 32,800 1,400 3,800 31,200 1,100 590 17,300 700 38,000 10,400 370 23,200 7,500 2,500 19,900 4,200 3,100 36,100 6,500 2,600 1,900 11,600 800 700 10,900 3,900 10,800 42,000 1,400 239,700 20,600 6,900 5,900 160 30,600 1,060 10,400 16,200 1,200 654,300 21,200 3,900 7,100 1,215 2,740 85,900 2,600 12,000 156,900 10,700 180 240 9,800 51,600 1,400 11,800 700 25,500 18,400 11,900 100 15,500 120 T.§66 8,000 1,740 330 6,400 23,500 15,900 9,100 560 7,800 530 20,300 1,300 700 "'"400 2,100 5,000 20,700 1,600 6,300 4,300 15,200 460 4,800 Mac Andrews & Forbes Co -.10 Sale 26 1% 22M 14 % 70,500 3,750 192,500 598,200 7,600 22,200 * * 10 Macy (R H) Co Inc Madison Square Garden Magma Copper Manti Sugar Co 1 Mandel Bros 25 1 5 Marine Midland Corp Market Street Ry prior Marshall Field & Co.. pref 100 * 20% Sale 4% 5% 27 26% 21 Sale 11% Sale 19 Sale 15% Sale 5 30 % 24 112 31% cW Sale 28% 41% 10% 37% 1% 0% 13% 8 Sale Sale 32 Sale Sale Sale Sale Sale 175 18 SINCE JAN. 1 400 6% conv preferred 100 26,900 Mead Corp * 240 $6 preferred series A.' * 400 $5.50 pref ser B with warr..* 6,400 Melville Shoe Corp.. * 23,700 Mengel Co -1 5,040 5% conv 1st preferred 50 870 Merch & Min Transp Co...* 17,700 Mesta Machine Co 5 55,800 Miami Copper— — - 5 36,000 Mid-Continent Petroleum. -.10 20,800 Midland Steel Products * 2,070 —100 8% 1st preferred 16,100 Min-Honeywell Regulator Co. * 1,140 4 % conv preferred ser B . . 100 62,600 Minn Moline Power Implem. 2,000 $6.50 preferred 1,800 jMinn St Paul & S 400 7% preferred 4% leased lines 6,200 Mission Corp Sale Sale 116 IV 12 12% Mar. 1 21% Mar. 10 9 18% Mar. 15 Mar. 31 Mar. 22 4 Mar. 3i 29% 19% Mar. 31 116 Saie 115 Mar. 31 4 Saie 4 Mar. 31 Sale Mar. 10 Sale Mar. 22 20% Sale 20% Mar. 31 10 Sale 10 Saie 27% Mar. 31 *% Saie 27% 41 50% Sale 4% 5% 5% 38 35% 37% 105 105% 101 100% 106% Saie 175 177% 174% 16 17 17% Saie Saie Sale Mar. 31 Mar. 31 41 4% Mar. 31 Mar. 31 35% Mar. 28 104% 103 Sale 100% Mar. 31 Sale 173 16% Alar. 20 16% Alar. 27 liH 118 5% % 2% 25% 12% 32% 56% 6 38% 106% 107% 176% 17% 36% Sale 106 109 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 92 Sale Sale 10% Sale Sale 9 Sale 82 95 Sale 20 Sale Sale 19 Sale Sale Sale 31% 126% 28% 43% 32 113 1 1 Mar. 3 Mar. 10 Mar. 13 Mar. 13 Mar. 6 Mar. 9 Mar. 14 Alar. 14 Mar. 30 Mar. 14 Alar. 9 Saie Sale Sale 29 Alar. 20 Alar. 10 Alar. Mar. 31 1 10 Mar. 31 1 5% 11% 1% 4% Mar. 31 38 Alar. 25% Alar. 31 15% Alar. 31 28% Alar. 31 1% Mar. 31 Mar. 31 Mar. 20 Alar. 31 Alar. 28 6 9 7 9 9 Sale 32% 2% Sale Sale 10% Mar. 31 32% Mar. 31 2% Alar. 31 52 Sale 43 Sale 43 Alar. 31 4% Alar. 9 54% Mar. 15 29% Sale 25% Sale 25% Mar. 31 9 9% 55% 15% 9% 4% Mar. 31 Mar. 22 98 Mar. 22 100 Mar. 10 Alar. 16 Mar. 15 Mar. 14 Alar. 95 17 7 Sale 7 Mar. 31 10 Sale 52 Sale 52 Sale 11 Sale 11 Sale Jy* Sale 8% 70 00% 51 50 6 Sale 93 59 IV 55 51% Sale 4 Mar. 31 Mar. 31 iH 4 % Mar. 31 28% Jan. 30 Alar. 31 59% Alar. 10 50 Jan 27 Alar. 31 16 11 Mar 31 7% Alar. 31 94% Mar. 3 8% Alar. 31 10 Alar. 10 96 Sale Alar. 27 Alar. 10 Sale 66% Mar. 31 7% Mar. 31 88 Jan. Mar. 31 Alar. 13% Jan. Alar. 33 Sale Alar. 31 15 Sale 11% Mar. 16% Mar. Sale 56 % Sale % % % % 14% 14% 2% Sale 9% Sale % Sale 5% 50% % % % Sale 12% Sale 7% Sale Sale 115% 15 99% 45 50 "iS* 1% 4% % iV ii* Sale 95 30% Sale Sale Sale Sale 12% 58 109 Sale 52% 52 Sale 38 Sale 36 Sale 16 Sale 15% 23% Sale 25% 6 Sale Sale Sale 64 62% 109% Sale 7% 49 5V Mar 30 % Mar 17 Mar ,30 % Mar. 14% Mar. Sale Sale Sale Sale 39 Sale 5% 36% Sale 5% Mar. Mar. 54 Alar ,31 Mar , 21 4% Mar ,31 % Mar 15 Alar 95 20 Mar 1% 12 31 Mar, 31 2 Mar. Alar. Mar. 115 Mar, 22 118 119% 43% Mar, IV Mar. 110 Jan. 16 112 5 Alar. 30 48 % Jan. 31 26 Alar. 31 Feb. 18 4% Mar. 31 l8 Mar. 15 3 Mar. 10 54 3 Jan. 12 28 Jan. % Jan. 31 Jan. 12 Feb. 15 14% Jan. 5 1* 2% Jan. 9% Jan. Jan. 1 , Feb. 3 2% Jan. 17% Jan. 95 Mar. 31 111 Mar. 115 Mar, 31 54% Mar. Mar, 39 Mar, 28 Jan. Mar. 22 119% Jan. 17 119% Mar. 10 120% Mar. 17 43% Alar. 31 54% Mar. 10 Mar. 34 Jan. 26 39 32 Jan. 25 37% Mar. 13 Alar, 31 37% Mar. 17% Mar. 16% Mar. '8 12 Mar. 31 16% Mar. 11 Mar, 31 29 Mar. 20 Mar. 31 30 1 Mar, 31 5% Mar, 31 6% Mar. Mar, 31 11% 57% Feb. 3% Mar. 31 Mar. 33 IV 4 3 Jan. 4 20% Jan. 26 29 107% Alar. 22 115% Alar. 14 4 58% Mar. 31 85% Jan. Mar. 31 38 20 Mar. 13 17 39% Jan. 12% Jan. 16% Jan. 12 10 120% Mar. Mar. Mar, 31 Mar. 44% 14% Sale Mar, 22 64 % 108 109% 108% Mar, 20 109 % 5% Sale Mar, 31 " 8% 45 Sale Mar. 31 50% Sale 25 Mar. 31 Alar. 7% % 1 % 16% 105% 6 58 55% Mar. 15 3 6% Jan. 9 28% Jan. Jan. 12 5 Feb. 19 Mar. 31 13 70% Jan. 26 7% Alar. 31 % Mar. Sale Sale Mar. 31 Sale IV Sale Sale IVSale 20 Mar. 22 112 3% Mar 48 Sale 39% Sale 13 43% Alar. 31 29 Alar. 20% Mar. 31 107% Alar. 22 115% Mar. 58% Mar. 31 81% Alar. % % % 117% 118% 115% Sale 120 iV 110 Sale % % • Sale Sale Sale 52 3% Alar. 10 10 23 17 39 Sale 5 59% Alar. 10 3 18% Jan. 27% Alar. Alar. 31 Alar. 31 116 15 21 Mar. 31 Alar. 31 110 16 22% Jan. 10% Jan. 4 15 Sale 14 20 5% Alar. Jan. Jan. 51 33 116 6% Alar. 10 36% Alar. 10 49 23 76 14 55% Alar. Sale 112 4 Feb. Mar. 31 Sale 111 Jan. Alar. 11 51% Alar. 31 Sale Sale 24 Alar. 27 15 Sale Feb. 69% Alar. 10 33 Sale 17 Alar. 10 23 Sale 9 Feb. 12 17 Sale 27% 111% 5 Alar. 96 Sale 10% Sale 28% Sale 107% 109 85% Sale 7 Jan. 13 4 Sale 9 Jan. 8% Mar. 31 66% Mar. 31 12 66% Sale 17 Mar. 3 101 Feb. 11% Alar. 31 17% Jan. 9% Jan. 26 14% Mar. 88 Jan. 13 101% Mar. Alar. 31 Sale 7% 13% 20% 110% 60% 8% Jan. Jan. 27 Sale 17 3 16% 38% 10% 12 3 Jan. 3 18% Sale 9 7% Alar. 16 Jan. 7 Sale 6 4 57% Jan. 6 99% 3 Mar. 31 Alar. 31 Feb, 2 Mar. 31 1 19% Jan. 38% Jan. 1% Jan. Alar. 31 20 17 Mar. 4 36 25% Mar. 31 6 175 164 Jan. 44% Jan. 26 52 93 5 Alar. 29 30% Jan. 43% Feb. 13% 1% 5% 8% 15% 39% 5% Feb. 27 39 16 26% Alar. 17 14% 14% Mar. 31 101% Alar. 31 22% Sale Mar. 31 3 Mar. 28 11% Mar. 31 10% Mar. 31 6 Mar. 31 Feb. Jan. 33 2 131 10% Alar. 31 6% Mar. 10 36% Alar. 10 31 Feb. 26 9 Alar. 3 Mar. 11 52 Sale 67 51 5% 29% Alar. 6 175 Alar. 31 46 17% 93 53 Alar. 172 95 10 Jan. 35% 15% 28% 1% 5% Alar. Mar. Mar. Alar. Alar. Alar. Sale 4 Mar. 31 10% Sale 20 54% Jan. 9 108 Mar. 20 Mar. 31 11% Jan. 19 Jan. 46% Alar. 31 62 5 3 Mar. 23 4 4% Jan. 18 Jan. 26 22% Mar. 9 6 Mar. 31 8% 13% 1% 5% 8% 14% Sale Mar. 31 106% Jan. 29 Alar. 31 Sale 39 5 Mar. 13 Jan. 5 20 5% 11% 1% 4% 4% 19 124 Sale Sale Sale Sale Si* Sale Sale \vSale 47 Mar. 3 9 Mar. 4 Mar. Mar. 11 6 Alar. Alar. 3 6% 11% 1% 4% Sale 2 Mar. 31 Alar. 29 Sale 99% 101% 13 12% 12% Sale 98% 101% Mar. 15 14 20 Mar. 31 20 Sale 33 IV 39 3 10 Alar. 29 131 Alar. Sale 5 Mar. 10' Mar. 13 Mar. 13 45 14 177 3 Jan. 8 Alar. 17 46 4 27% 12% 32% 56% 0% 4 32 Mar. 31 175 4 Jan. 3 Mar. Mar. 31 29 Alar. 13 6 178 5% Jan. % Jan. Alar. 10 50% Sale 5% Sale Mar. 8 Mar. 16 25 6 109 Mar. 1 24% Feb. 25 3 153% Jan. 31 4 20% Alar. 13 Mar. 31 58 Jan. 3 14% 37% 4% 175 9 5 Mar. 10 30 105 Sale 4% 20 Mar. Jan. \IV 20% Jan. 147% Jan. 15% Jan. 10 Sale 20 14 1 Alar. 23 Sale 6 Jan. Jan. Jan. 40 Jan. 27 106% Mar. Jan. 23 107% Mar. Mar. 20 176% Mar. Mar 27 17% Jan. Mar. 31 40% Jan. Alar. Sale Sale 15 13% 23% 18% 5% 35% 35% Mar. 31 1 Sale Sale Sale Sale 6 7 19 Feb. 100% Jan. 1 35% 15% 29% 1% 5% Sale Mar. 31 27% Mar. 31 41 Alar. 31 4% Mar. 31 10 Mar. Sale 5 3 16 25 24 118 Mar. 31 5 % Jan. 1% Mar. 22 20% Mar. 31 9 29% 43% 18% 37% 1% 7% 12% 1% Sale Jan. 4 Alar. Sale 18% 9 19% Mar. 31 Alar. 20 Sale 6 Mar. 10 106% Alar. 31 108 Alar. 31 6 10% 46% Mar. 31 xb7 % 3% 2% Mar. 31 Alar. 31 19 22% 106% Alar. 31 109 20% Alar. 31 23% Mar. 31 153% 150 20% 17% Mar. 31 Mar. 31 45 55% 131 130% 1% Sale it* ii* Sale Mar. 13 Sale 94% 10% Sale 66 69% Sale Sale 46% 2% 150% 150 17% 19% Sale 45 54% Sale 23% 18 164 Sale Sale Sale 149 34 Sale Sale Sale Sale 1% Sale 6 106% 20% Sale 7 Sale 39% 106% 15% Mar. 31 Mar. 16 Alar. 4 51 Sale Mar. 22 26 Mar. 31 Sale 3 Jan. 39 Saie Jan. 25 Sale Sale Jan. Mar. lu Mar. 8 Mar. 3 5% Jan. 28 x27 % Jan. 24 Alar. Mar. Mar. 31 27 18% Alar. Sale 9 15 Jan. Mar. 109 26 Jan. Mar. 31 47 1% Jan. 6 27% Jan. 2% Mar. 24 0 40% Mar. 4 15 2 13 27 14 39 Alar. 31 Mar. 31 Jan. 2 4% Mar. 24 36 Sale 1 * * * 100 10 * Mar. 22 9 2 15% Sale Mar. 30 24% Mar. Sale Sale Mar. 24 31 15 5 19 28 3 31 31 15% 3% 29% 19% 11 Jan. 3 Alar. 30 7 5% Mar. 8 27% Mar. Saie 89 105 Saie Sale Jan. Sale Sale 20% 15% Saie Feb. 13% 20% 4% 25% 20% Sale 12% 10% II* 24 Mar. 31 Saie Saie 18 Sale Sale 2lH Mar. Mar. Mar. Mar. Sale 9 4% Saie % 21% 4% 25% 22% 32 Mar. 15 Sale 5 1 For footnotes see page 40. ■A'A Sale 5 2% Mar. 24 40% Mar. 9 40 * * Motor Wheel class B $7 conv preferred Munsingwear. Murphy Co (G C) 640 5% preferred 57,900 Murray Corp of America 2,600 Myers (F E) & Bros 12% Sale 20% Sale 15% Sale 4% 19 1 44% Jan. 22 24 50 * Mullins Mfg Corp Sale * Motor Products Mueller Brass Co Sale 20% 24% Mar. 31 30% Mar. 31 Mar. Mar. 10 Sale 32 22,200 Mo-Kan-Texas -* 60,600 7% preferred series A 100 7,200 ^Missouri Pacific 100 19,000 Convertible preferred— -100 2 10,000 Mohawk Carpet Mills. 20 17 35,300 Monsanto Chemical Wks 10 111 1,500 $4.50 preferred * 115 Montgomery Ward & Co Morrell (J) & Co— Morris & Essex 5% 15 Sale Prices 13 Saie Sale 53 Preferred series B 5 Saie Saie Highest Sale Prices 26 Sale 93 0% S M —100 -100 100 * 22% 4% 25% 22% 17% 50% 107% 9% 55% 3% 19% 29 18 Sale Mar. Mar. Mar. Mar. Mar 36 5% Sale 57% Sale 20% 9% 53% 41 15 30% 9% 22% 2% 38% Saie 41 Masonite Corp 35% 35 Sale 2% 38% 18% 23% 31 31 31 31 Lowest Sale Prices 41 Mar. 9 Sale Sale Sale 49% 5% Sale 26 Highest Sale Prices Sale 12% Sale 1% Sale 5% Sale 163 Sale Sale 9% 22% 2% Sale Sale * Sale 23 36 610 32 12% 115 Martin (Glenn L)Co Martin Parry Corp 38 Sale Sale Sale Ask Sale 25 Lowest Mar. 31 1 Ask Bid Bid 118 Sale Sale 100 7% preferred 30,000 May Department Stores 10 17,500 Maytag Co (The) * 7,100 $3 preferred with warr * 780 $6 1st preferred * 19,300 McCall Corp * 90,900 McCrory Stores --1 2,200 6% conv preferred 100 35,800 McGraw Electric Co 1 3,000 McGraw Hill Publ Co 58,300 Mclntyre Porcupine Mines—5 49,700 McKeesport Tin Plate 10 34,300 McLellan Stores Co -1 Sale 12% 19,500 Mathieson Alkali Works 1,520 27% 2% 32% 123 3,200 Manhattan Shirt 9,400 Maracaibo Oil Explor 524,800 1,800 2,940 23,000 24,100 18,900 30,300 3,030 3,900 7,800 25,400 1,500 6% preferred Mack Truck Inc JManhat'n Ry Co 7% guar. 100 28,200 Modified 5% guaranteed 100 236,300 4,400 200 Sale 12 AV 640 500 5 Ask 43 % — 640 1,730 10,500 11,400 8,100 16,800 1,990 1,500 100 100 * * 18,600 Lehigh Portland Cement—25 47u 4% conv preferred 100 170 12,500 10,000 2,400 Kennecott Copper Keystone Steel & Wire Co * Kimberly-Clark IIIi Kinney (GR) * 8% preferred * $5 prior preferred "lo Kresge (S S) Co ...l Kresge Department Stores. * Kress (S H) & Co new * Kroger Grocery & Baking Bid 43,500 Lehigh Valley 50 5% 30,200 Lehigh Valley Coal * % 7,500 2Vs 6% conv preferred 50 56,800 Lehman Corp. (The) 27 H 1 13,300 Lehn & Fink Producti Corp..5 11 % 8,100 Lerner Stores Corp * 31H 71,700 Libbey-Owens-Ford Glass * 53% 16,700 Libby McNeill & Libby * 7,000 Life Savers Corp 36 5 6,100 Liggett & Myers Tob com...25 101% 33,000 Series B 25 103% 1,700 Preferred 100 170 l,80n Lily Tulip Cup Corp * 10% 24,500 Lima Locomotive Works.* 39 H 9,00° Link Belt Co * 45 H 23,200 Liquid Carbonic new * 18% 108,900 Loew's Inc * 54 2,300 $6.50 preferred * 105 990,500 Loft Inc * 8% 53,900 Lone Star Cement Corp * 60 % 17,300 Long Bell Lumber A * 9,900 Loose-Wiles Biscuit 25 1,00O 99 5% preferred 100 87,300 Lorillard (P) common 10 21% 3,290 Preferred.. 100 148% 20,900 Louisville Gas & Elec A 16% 28,000 Louisville & Nashville.. —100 58 63,500 56,700 13,700 10,600 8,300 4,200 1,220 12,900 1,200 2,600 29,900 1,730 43,700 180,400 2,300 10,400 * 2,300 Lane Bryant 72,200 Lee Rubber & Tire 10 350 Par 3,360 Laclede Gas Light, 1,780 5% preferred 26,700 Lambert Co (The) 23,200 23,400 2,300 3,700 3,800 2,900 RANGE 1939 Jan. 1 Shares IN MARCH Jan. 3 N. Y. STOCK EXCHANGE 4BV Mar. Mar. Mar. Mar. 11% Mar. 31 19 11" 108 Jan. 28 Mar. 31 45 Jan. 27 10 110 Mar. 31 5 Jan. 3 3 44% Mar. 13 0 14% Mar. 64% Mar. 3 Jan. 5% Mar. 31 9 Jan. Jan. 5% Mar. 31 30 Mar. 5?* Feb. Jan. 15 \ 5 Jan.JL5 N. T. STOCK April, 1939] AGGREGATE SALES March Jan. 3 1939 Mar. 1' Par Shares Shares 207,900 2,400 55,300 52,200 73,600 1,310 23,000 11,100 .80,000 1,200 2,100 1,210 1,950 17,000 10,200 107,200 1,700 206,500 330 660 7,600 1,500 44,500 300 94,800 2,200 48,800 500 480 • 14,000 80,400 21,900 32,800 5,400 1,100 ~ 7",800 6,700 2,600 60 37,600 7,400 358,600 19,700 48,200 27.000 830 970 310 16,200 8,300 600 28,400 750 4,300 360 213,500 8,400 183,600 160 123,200 1,700 22,500 40,700 200 4%% 3,180 100 5% preferred 10% preferred 65,100 NY' Shipbuildingptstock 7% preferred 1,690 11,800 Norfolk & Western Preferred 1,230 773,100 North American Co Preferred 6% series.. 25,000 100 100 10 50 —100 6.000 North States Pow Co $5 pref 550 Northwestern Telegraph 630 54 75 Sale 51% 3 % 11 11 22 24 21% 67 35 73% 36% 68 37% 108% 106 Sale 16% 46% Sale 14% 45% 22 Sale 20 22% 36% Sale 20% Sale 35% 35 Sale 42% 3% 7% 3 3% 7% Sale 55 115 123 117 110 57% 1 Sale 4 Sale % % 16% Sale 82 89% 57% 1 3% % 13% 84 15% 7% 64% 8% 13% 49% 50% 17 Sale 74 3 Sale Sale 10% 20% Sale 74 73% 35 38% 108 108 10 Sale Sale 166 135 15% 7% 64% 8% 13% 49% Sale Sale Sale Sale Sale Sale 74 Sale 3 Sale 80 37 38 107% 109 9% Sale $5.50 1st preferred conv * 5 12 Mar. 31 Mar. 31 43 Sale Mar. 31 Sale Mar. 31 119 Mar. 28 2% 6% 114% 120 57% 61 Sale % Sale 2% % % Sale 9% Sale 31 4% Sale 35 Sale 7% 17% 14% Sale Sale 9% Sale 8 % Sale Sale 26% 19% Sale 17% * 40% Sale Sale 142 Sale 52% 22% 45% 114% 1,720 4,000 89,600 28,600 16,800 1,370 Preferred 10 Pacific Coast 1st preferred 2d preferred Pacific Finance * * Corp (Calif) .10 , Pacific Gas & Electric Pacific Lighting Pacific Mills Pacific Telep & Teleg 36,200 2,900 50,800 300 440 6,800 157,200 3,200 9,100 456,200 800 2,500 8,900 37.900 48,900 23,900 Packard Motor Car Prod & Ref Paramount Pictures 1st preferred 2d preferred Park & Park Utah Parke Mines Co Parker Rust Proof Co 8,200 Parmelee 11,800 104.900 40,400 5,300 2,900 24.500 .8,800 Penick & Ford 3,300 250 250 196,300 425,500 3,200 40 40 10,800 31,400 400 1,100 2,500 2,920 4,300 4,760 (J C) Co Penn Coal & Coke.. Penn-Dixie Cement $7 5 1 100 1 Pere 16 Sale 6% 1% 59% 102 13% 25 Eastern 12% 19.600 * * ..10 * 100 Sale 57% 78% 1% 4% 26% 13% 120% 24% 25% Sale 5 * 25 50 * JPhila Rapid Transit Co 50 1.590 7% preferred— 50 910 10,500 Philadelphia & Reading C & I.* For footnotes see page 40. Sale Sale 33% 47% 11% 62 Mar. 27 1 Mar. 3% Mar. Mar. 24 168 Mar. 16 109 7% Mar. 31 29 r 115 Sale Sale Sale 79% 14 Sale 123 18% 25% 75 Sale" Sale 116 111 Sale 14 Sale" 32% 4% 2% Sale 18 Mar. 4 Mar.; 3 Mar. 1 Mar. 10 Mar. 31 7% Mar. 2 3% J an. 3 Jan. 5 Jan. 4 Jan. 49 Mar. 311 19% 10% 3% 10% 5% % Mar. 25 50 Mar. 29 Mar. 31 Mar. 22 Mar. 31 Mar. 24 Mar. 31 Mar. 2 18 Mar. 3 Mar. 31 Mar. 31 Mar. 31 Mar. 31 2% Mar. 11 9 9% Mar. 9 Mar. 14 1% Mar. 22 9 4% Mar. 33 8% Mar. 31 26 7 5 Jan. 3 4 20 Jan. 5 Jan. 4 Feb. 14 Jan. Jan. Jan. 14% Jan. 107% Jan. 13% Jan. 4 4 Jan. 5 2% Jan. 3 5 43 Mar. 19 Tan. 3 •^eb. 25 1% Jan. 26 6% Mar. 31 9% Mar. 31 50 % Mar. 20 75% Jan. 13 Mar. 31 1 3% Mir. 31 9 14 Mar. 15 124 9 Feb. Jan. 39% Mar. 31 15% Jan. 24 Jan. 23% Mar. Mar. 11 26 Mar. 31 8 Mar. 10 Mar. 16 18% Feb. 20 1% Mar. 28 20% Mar. 16% Mar. Mar. 15 124 18% Mar. 31 25% Mar. 31 1 25% 11% 4% 16% 6% 1% 60% 27 104 100% Jan. Mar. 31 43 14% 5 131 30 151 Mar. 31 Mar. 22 3 6 87 Mar. 31 Jan. 12% Mar. 14 34% Mar. 10 Mar. 13 8 Mar. 25 16 8 Mar. 14 70 12% Jan. 4% Mar. 9 2% Mar. 45 10% Feb. 6 9 9 Jan. Mar. 11 1 Jan. 6 3 Jan. Mar. 5 4 26 116% 146 9 8 55% Jan. 22% Jan. 24 Mar. 31 Jan. Mar. 14 3 Jan. 15 Jan. 121 Mar. 4 Jan. 8 102% Marl 3% Mar. 31 20% Mar. 31 124 9 40% 114% 58% 4% 10 Mar. 31 Sale Jan. 28 1 Sale Mar. 8% Jan. 27% Jan. 13 143% Mar. 41% Jan. 88 Sale 1 23 112% Jan. Mar. 11 Mar. 20 3% 20% 20% 3 5% Mar. 31 17% Mar. 31 Mar. 16 131 56 1 Mar. 14 Mar. 31 Sale 6 Mar. 14% 140 5 Jan. Mar. 31 104 10% Jan. 4 30 Mar. 31 Mar. 10 79 50 48 7% Mar. 31 17 Mar. 13 11% Mar. 54% Mar. Sale Sale 71 12% 34% 49% 14% 22 Sale 42 Mar. 5 Mar. 17 1% 27% 3% Mar. 29 14% Mar. 14 Mar. 28 7 Feb. 4 1% 39% 15% 1% 6% 9% >50% 9% Sale" 9 20 Sale 26 Mar. Sale Sale 16 9 3 Sale Sale 3 Mar. 11% Mar. 9 Sale Mar. Mar. Mar. 31 2% Sale 4 99 17 4% 3 Mar. Mar. 31 Sale 54 Sale Mar. Mar. 31 Sale 11% 53% 84% 9% 27% 20% 112% 8% 23% 8 1% 4 19 87 16 Jan. Mar. 13 4% Jan. 39% Jan, 4 Sale 39% Mar. 27 3% Mar. 31 33% Feb. 20 Mar. Sale 8% 3 19% 88% 14% 8% Mar. 31 4 107% 102% Jan. 18 8 Sale Jan. 57 32% Jan. 87 8% 9 13% Mar. 31 Jan. 3 82 Mar. 30 Mar. 29 27 Jan. 42% Mar. 30 Mar. 27 Mar. 16 26% Feb. 23 9 Mar. 31 5 10 111 Jan. Jan. 55 49% Mar. 22% Mar. Mar. 31 5 24 11% Mar.l 20 Jan. 19% Mar. 31 8% Mar. 31 6 4 Jan. 1 3 16% Jan. 2 89% Mar. 25 195% Mar. 10 9 Mar. 30 1% Jan. 4% Jan. Mar. 10 149% Mar. 8 151 22 19% Mar. 25 11% 10% Mar. 31 4% 3% Mar. 22 15% 10% Mar. 31 6% 5% Mar. 24 1% % Mar. 31 50 46 45 Sale 43% 4% 6 6 30 9 Mar. 29 42 42% Mar. 116% Mar. 25 116% Mar. 25 68% Mar. 15 58% Mar. 31 7% Marc; 2 4% Mar. 31 99% 101% 100% Mar. 114 3 Sale Sale Sale 2% 12% 1% 3% % Sale Sale 4% Sale Sale 34 17% Sale Sale Sale 7% 54% 5% % 21 42% 37 3 Sale 25 Sale 39 151 9 Mar. 13 17 Feb. 8 Mar. 30 Mar. 62 3 143% Mar. Mar. 13 Sale 96 22% Mar. Mar. Mar. 31 Mar. 31 10% 15% Mar. 31 121 7 29 2 Mar. 31 Sale 2 Mar. Mar. 31 10 4% 14% 11% 14% Mar. 31 Sale Sale 11% Mar. 31 10 23% Jan. 9 Mar. 18 37 Mar. Sale Sale 94 Mar. 27 43% 121 1 Mar. 18% 88% Mar. 31 13% Mar. 1 107% Sale 13 26% Mar. 10 56% Mar. 13 Mar. 22 Sale 11 Jan. 9% Mar. 31 74% Mar. 24 89% Mar. 195% Mar. 10 Mar. 31 Mar. 31 10% 1% 53% Mar. 22 Mar. 15 18% 10% 3% 6 Mar. 31 4% 10% 30% 43% Sale 4 4 38 6% Mar. 31 % Mar. 15 3 11% 4 43% Feb. 25 3% Feb. 28 14 2% Mar. 31 % Mar. 27 2% Mar. 31 % Mar. 6 Mar. 31 13 3 151 21 % Sale Mar. 31 5 Jan. 23% Jan. Mar. 31 Mar. Mar. 31 Sale 122 Sale 58% 4% Sale 4 Jan. 1 Sale 1% 28% 14% Sale 42 6 Jan. 8 3% Mar. 31 34% Mar. 18 110 Jan. 7 32 Sale Mar. 11 40 Mar. Sale Sale 125 2 Sale 5% 8 107% Mar. 14 110 17% 9% Mar. 31 47% 31% Mar. 31 22% 14% Mar. 31 19 2 17 8 Mar. 22 75 Jan. 13% 4% 10% 30% 3% 15 24 2 17 9% 1,400 28 10X4 11% * 7,400 Philadelphia Co pref 6% $6 preferred.. Sale Sale 30% 210.300 Phelps Dodge Sale Sale 100 Petroleum Corp Sale Sale * Sale 101 19 16 % 37 % Pfeiffer Brewing Co... 11,300 Sale 41% 100 100 3,975 Pet Milk. 2,100 1,400 aW Sale 105 * 2.50 Preferred 3,125 Sale Sale Prior Marquette preferred Sale 2% pref series A * Penn Glass Sand Corp v t c__* $7 conv preferred * Pennsylvania RR Co 50 People's Drug Stores Inc 6%% conv preferred 100 People's Gas Light & Coke. 100 8c Sale 1 conv Peoria 121 % Sale 21% 11% 4% 103 Transportation Co.* * Pathe Film Corp Latino Mines & Ent Cons 52,300 Penney 100 148% Sale Sale Sale 5 11% 121 _.l Cons & 13 100 100 10 Tilford Davis 12 Sale * preferred conv 13 6% 14 Airways Corp..5 Parafline Cos Inc 4% 3 Sale Sale * Pan Amer Pet & Trans Panhandle 3% 15% 6 45 Sale 110 104 116 64% 6% Sale Sale 29% 43% * 42% Sale 115 6% * __10 Pacific Western Oii Pan American Sale" * Corp 870 6% preferred Pacific Tin Corp (sp stk) 3,200 46,500 25 70 Sale 110 8% 22% Sale 7 24% Mar. 14 55 Mar. 74%. Mar. 31 33 32 3% 34% 3 1 19% 55% 55% Sale 13% Sale 86% 88 8% 8% Sale 106 107% 106% ale 3 Mar. Sale 14% Sale 102% 102% Jan. Mar. Mar. 13 111 Sale 6 5 3 59% Jan. 20 4% 11% Feb. 21 21 6 4 Jan. 19% Jan. 27 73% Mar. 14 Feb. 2 17 118% 7 120 Mar. 31 Sale Jan. Mar. 10 3 106 Mar. 109 82 3 4 Feb. 17 4 Jan. Jan. 10 4 Jan. 27% Jan. 169% Feb. 145 Feb. 27% Jan. 9% Mar. 81% Jan. 15% Jan. Mar. 22 10 Jan. Jan. 173 Sale Sale 88 Sale Sale 31% Sale 8 6% 28% 18% 16% 120 Sale 55% 18% 85% 12% 106% 7% 64 % 8% 114 Mar. 7 Mar. 27 Mar. 9 Jan. 5 Mar. 3 Mar. 10 Jan. 5 Mar. 27 111 Sale 57% 15% 15% 94% 23% 26% 12% 16% 117% Mar. 111 56% 19% 10% 175 Jan. 20 Jan. 4 Mar. 15 Jan. 3 Mar. 11 Jan. 17 7 120 173 Sale 12 99 9% 25% 15% 14% 28% Mar. Sale 19% 55% 13% 5% 4% 23% 32% Jan. Mar. 3% Mar. 10 9 8% Mar. 118% Mar. 184 26 8% 111 Mar . 31 Mar. 31 Mar. 31 Mar. 31 Jan. 24 Mar. 7 Mar. 31 Jan. 13 Jan. 26 Mar.31 Mar. 31 Jan. 13 Feb. 2 Jan. 20 Mar. 31 Jan. 13 Jan. 27 Mar. 31 Mar. 31 Mar. 31 Mar. 31 Jan. 14 Mar. 25 Mar. 31 Mar. 31 Mar. 31 Mar. 31 Mar. 31 Mar. 31 12 22% Mar. 37% Mar. Mar. 31 109% Sale 9 Mar. 33 17 12% 36 1 Mar. 21 21 180 100 46,900 Owens-Illinois Glass Co..12.50 5 52,300 Pacific Amer Fisheries Inc 20 Mar. Sale 35% * 40 110 33 100 6% preferred 127,700 Otis Steel. Mar. 22 108 23 4% 32% * 75 21 5% Sale 17% Sale 18 143 143 145% 141% 140 8% 8% Sale 12% Sale 41 42% 35 48 50% 18 21 22 17% 20 Otis Elevator 3% Mar. 10 2 11% Mar. 24% Mar. 14 15% Mar. 45% Mar. Mar. 31 20 13% 49% 1 Mar. 14 108 12% 92 135 4 Mar. 193 27 Co— Mar. Sale 108 & 18 Mar. 22 163 165 6 7 54 Mar. 22 6% 16% 11% 8% 23% 18% 25% Mar. 3 9% Mar. 6 77% Mar. 11 13% Mar. 4 31 31 31 31 31 31 Sale Sale Collins Mar. Sale 106 Preferred A Mar. Mar. Mar. Mar. Mar. Mar. 9 1 1 22 10 Mar. 6 166 Mar. 25 142 Mar. 31% Mar. 31 14% Mar. 31 Sale Sale Prices 109 27 25% Mar. 14 10% Mar. 31 20% Mar. 31 73% Mar. 14 Sale Sale 32 Sale 14% 12 Sale 21% Sale 33 Sale 2% Sale 6% 8% 111* Sale 115 123 58 Sale Sale % 2% 3% % 9% Sale Sale 74% 11 31 7 27 9 9 3 10 7 Mar. 10 Mar. 31 106 18% Mar. 31 8% 26% 130 % 14% 51% 21% 1,600 620 Sale 99 105 400 3.500 Sale 23% Sale Sale 12% 8% Mar. 4 24% Mar. 3 15% Mar. 15 13 Mar. 1 31 31 31 31 31 163 Sale 138 Mar. Mar. Mar. Mar. Mar. 28% Mar. Mar. 7 168% Mar. 15% Mar. 12% Mar. 31 93 Mar. 31 94% Mar. ,t21 % Mar. 30 23% Mar. 17 Mar. 31 24% Mar. 12% Mar. 8% Mar. 31 16% Mar. 13% Mar. 31 113% Mar. 2 114% Mar. Mar. xlll% Mar. 1 114 7% Mar. 5% Mar. 31 6% Mar. 5% Mar. 31 28% Mar. 25% Mar. 31 12 Mar. 31 15% Mar. 16% Mar. 10% Mar. 31 Sale 23% Sale Sale 8% 76% 12% 16% Sale Sale 100 740 11,900 530 8% Sale Sale 21 20% 17% Sale 8% Sale x 14% 13% Sale Sale 112% 113% 112% 115 Sale zlll% Sale 113 7 7% 5% Sale 5% Sale 6% Sale 28% Sale ,25% Sale Sale 12 15% 17 10% Sale 14% Sale Sale 99 102 104 Sale 24 18% Sale 166 169% 165% 170 23 Sale 93 6% 16% 11% 8% 24% Sale 12% 140 50 Preferred 5,500 Oppenheim 305,400 200 26% Sale Sale Highest Sale Prices Highest Sale Prices 28 5,400 90,600 1,800 Sale 12% Ask * 170,700 Ohio Oil Co (The) * 45,800 Oliver Farm Equipment 99,000 Omnibus Corp (The) v t c—* 105,200 22,400 6,100 ■27% 50 31,700 Norwalk Tire & Rubber 910 7,900 1 50 390 Northern Central 289,700 Northern Pacific 1,270 1,700 1 100 640,900 North American Aviation 450 22,100 9,400 3,100 4,700 29,100 11,900 1,900 23,200 1,400 9,000 3,300 1,400 Sale 20% 16% Sale 18 50 580 N Y Hack & West Ry Co.. 100 100 52,800 JN Y N H & Hartford Convertible preferred 100 24,000 3,900 JN Y Ontario & Western..100 10 840 900 Sale Sale 15 Lowest Lowest Sale Prices Mar. 31 Ask Bid 6% Sale 16% Sale 11% Sale 8% Sale 24% Sale 166% Sale 100 22% 23% 24 Sale 27% 110 390 220 "13k 110 York & Harlem 8% 23% 15% 12% 25% 165% 14% 12 ..50 410 New 2,900 Outboard Marine & Mfg 360 Outlet Co 640 * * 20,500 New York Air Brake * 906,300 New York Central 57,700 N Y Chicago & St Louis...100 6% preferred series A 100 118,200 * 76,100 N Y City Omnibus Corp 100 2,530 New York Dock 500 10,000 * serial pref—100 — * 100 1 conv 2,500 11,400 % 25 168 100 165 100 137% Sale — 2,900 Newberry Co (J J) 5% preferred, series A 200 85,300 Newport Industries Inc 800 2,500 -36,100 100 92 Bid 92 1 950 16,100 * 10 4,900 Neisner Bros Inc 420 31,700 * 1 Stamping National Gypsum Co 63,200 10 15% 15% 19 % 59% 54:% 3% 10% 250 260 15% 22 Sale 170 169 Sale 2,200 30,800 41,300 Sale 14 25% Sale 210 76,500 14% Sale 80 50 12,800 & Sale 25 58,900 National Steel 75,300 National Supply Co of Pa—10 $2 preferred 40 12,900 5% % prior preferred .100 2,400 6% prior preferred 100 * 24", 500 National Tea Co. * 12,200 Natomas Co 300 10 6% preferredEnamel Sale ----- National Distillers Products..* Nat 8% 24 % 100 115% Sale 100 110 * 7% Sale 4% 5% 10 7% preferred class A 7% preferred class B National Dept Stores $4.50 conv preferred 2,700 109,000 National Lead 7% preferred A 1,300 6% preferred B 2,220 27,900 Nat Mall & Steel Cast Co 205,900 National Power & Light 200 1,600 5 10 7% preferred 100 2,800 5,300 Nat Bond & Investment Co__* 5% pref series A w w_—100 500 3,500 National Bond & Share Corp.* * 73,700 National Cash Register.. 1 6,800 National Cylinder Gas Co * 261,200 National Dairy Prod Corp 1,000 32,700 4,400 140.500 Ask Bid Nash-Kelvinator Corp 5 Nashville Chatt & St Louis. 100 National Acme 1 National Aviation Corp 175,600 National Biscuit 200 RANGE SINCE JAN. 1 PRICES IN MARCH Price STOCKS N. Y. STOCK EXCHANGE Since Jan. 1 In 37 EXCHANGE—STOCKS 5 Mar. 15 18% Mar. 31 Mar. 14 24 Mar. 16 116% Mar. 14 116 Mar. 8 38 32% Mar. 31 Feb. 8 Jan. 11% Mar. 57% Jan. 88 2 4 1 3 Mar. 14 1% .Tan. 16 5% Jan. 6 33 Mar. 8 9 16% Mar. Mar. 15 124 24% Jan. 29 4 Mar. 14 116 29 Mar. 16 116% Mar. 14 6 40% Feb. 32% Mar. 31 3% Jan. 24 12 Sale 12 Mar. 31 17 Mar. 12 Mar. 31 17 Jan. 7 Sale 27 Sale 27 Mar. 31 41 Mar. 10 27 Mar 31 41 Mar. 10 27% 20 Sale 20 Mar. 31 34 Mar. 10 20 Mar. 31 34 Mar. 10 30 IT 18 18 Sale 17 Mar. 4 19 M.ar. 16 17 Jan. 19 Mar. 16 8% Mar. 31 6% Mar. 31 30% Mar. 31 10 Mar. 10 8% Mar. 31 6% Jan. 26 10 Mar. 10 34 9% 7% 16% 9% Sale 40% Sale 44% Sale 82 Sale 1% 3% % Sale 8% Sale 6% Sale 31% Sale Sale 40 ..... 83% 2 Sale 3% % Sale 4 % % 2% Mar. 31 8% Mar. 14 44% Mar. lO 30% Mar. 31 Mar. 31 40 4 75 Jan. 7 2 Mar. 25 1 % Feb. 4 Mar. 27 3 Feb. 6 27 % Jan. 4 Mar. 31 46 81 Mar. 25 82% Mar. 8 7 4 . Mar. 13 40 1% Mar. 3% Mar. % Mar. 2% Mar. 31 3% Mar. % Mar. 4 8% Mar. 14 44% Jan. 5 47 Feb. 17 86 Feb. 16 2 Mar. 25 4 Mar. 27 % Jan. 6 38 N. T. STOCK EXCHANGE—STOCKS AGGREGATE SALES PRICES IN MARCH Price RANGE SINCE JAN. 1 Jan. 3 In Since March Jan. 1 Shares Shares 35,500 1,600 3,000 300 260 4,300 2,100 300 T.566 700 1,500 20 16,500 2,200 220 600 290 2,100 1,900 10.200 700 18,300 300 1,000 47,300 100 900 16,800 2,500 36,300 2,300 1,700 900 530 700 260,000 Par 10 Pitts OC&StLRR Co—.100 1,700 3,500 142,300 2,300 4,300 44,100 4,850 122,500 9,100 5,300 3,200 1,290 800 60 5,600 15,700 6,100 15,600 2,800 4,700 4,300 27,000 1,100 1,200 2,100 1,800 65,900 2,400 220 730 800 13,500 "2",100 2,160 140 6,900 400 12,300 35,600 70 70". 660 1,800 2,600 3,900 100 18,500 1,700 4,200 110 53", 400 680 610 680 1,700 48,500 2,700 21,000 5,300 4,700 460 6,800 1,300 19,700 700 69,£>00 42,200 5,300 400 15,100 1,100 17,000 ' 340 16,200 2,800 10,900 37,100 2,800 1,800 10,400 330 256",800 930 4,100 1,700 11,900 168,100 13,300 18,700 8,000 14 43 Sale 56 Sale * * 100 104 130 135 150 152 * * Pure Oil * 6% preferred 5% conv preferred 100 Purity Bakeries * Quaker State Oil Rfg Corp. .10 Radio Corp of America * 85 preferred B 83.50 conv 1st pref... Sale 323* Sale Sale 1143* 1153* 1143* 120 38 3* Sale 113* Sale 86 Sale 81X 13 X Sale 12 33* Mar. 17 163* Mar. 31 4 Mar. 16 43* Mar. 19 Mar. 31 63 67 53* 83* Sale Sale 14 35 23 9 9 Mar. 16 4 Mar. 24 53* Mar. 13 65 Mar. 16 13* Sale 2 iiH Mar. 3 Mar. 9 30 Mar. 39 Mar. 10 14 Mar. 22 Mar. 11 Sale 23 Mar. 31 Mar. Sale 9 Mar. 14 Mar. Sale Sale 193* 7 % Sale 83* Sale 13* Sale Sale 3* 3* 193* 73* 83* 13* 3* 73* 93* Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 253* Mar. 553* Mar. 123* Sale 73* Sale 113* 83* 123* 363* 373* 253* Sale 553* Sale 553* Sale 112 1183* 1183* 1123* Sale 363* Sale Sale 1063* 1193* Sale 1193* 1353* 1373* 134 1543* 1553* 150 109 Sale 87 Mar. 31 Prices Mar. 3 135 Mar. 31 Mar. 3 Mar. 23 Jan. 36 Jan. 73* Jan. 26 *233* Feb. 14 353* Mar. 27 4 Mar. 31 63 Mar. 16 JanJ i§8 Mar. Mar. Mar. is JA Mar. Mar. Mar. 23 363* Mar. 8 573* Mar. 14 1183* Mar. 2 383* Mar. 11 Mar. 108 1073* Mar. 1213* 1193* Mar. 1363* 1353* Mar. 109 Mar. 1 1223* Mar. 27 138 30 Mar. 31 Mar. 31 14 23 Mar. 31 Mar. 31 Mar. 13 156 154 Mar. 159 Mar. 119 1153* Mar. 116 Mar. 15 9 31 193* 203* 73* 103* 13* 3* 73* 93* 253* x53% Mar. Jan. Mar. Mar. Jan. 112 Mar. 15 Feb. Mar. Mar. Mar. Jan. 1153* 353* 93* 883* •803* 13 Sale 8 a* sl% Preferred w Sale 13 Sale Class A. 73* 93* Sale Sale 50 513* 103* 103* 693* * 100 1 10 10 68 13* 77 * 27 * 100 10 100 100 100 100 * 100 .100 100 * 5 100 6% preferred 8% preferred 40. 3 33* 293* 813* 96 1053* 183* 17 68 1 100 * _* ifi* 100 * * * 1 * _* * _ 173* 193* 61 7 473* * * 11 * -.100 Sale 20 zl93* Mar. Sale Sale 7 33* Mar. Mar. 8 9 51 Mar. Mar. 20 26 6 31 23 31 24 9 4 Jan. 4 1293* Jan. 10 Jan. 4 653* Mar. 4 133* Alar. 213* Mar. 17 3* Jan. 33* Alar. 47 3* Feb. 1 Alar. 17 Sale 71 Alar. 31 653* Mar. 72 64 Jan. Sale 1 Mar. 31 153* 18 Sale Sale 8 65 70 70 Mar. 30 Sale 49 Mar. 3i 9 Sale 9 Mar. 31 823* 86 823* Mar. 22 Sale 6 6 Mar. 3i 373* Sale 373* Mar. 31 53 54 57 Mar. 93* 153* 303* 73* Sale 63* Sale 73* Mar. 63* Mar. 133* Sale 133* Mar. 22 Sale 22 32 J* 13* 33* % 13* 23* 5 9 5 963* 1 Mar. 3* Mar. Sale 3* Sale 33* Sale 31 9 Sale 97 93 Sale 32 Mar. 3* Mar. 13* Mar. 23* Mar. 30 Alar. 92 Mar. Sale 106 Sale 173* Alar. 11 110 Sale 110 163* 16 69 Sale Sale 71 Sale 123* 133* Sale 71 Sale Sale 3* Sale 73* Sale 4M Sale 483* 1143* Sale 48 Sale 116 I Sale 13* 193* 23* 20 Sale Mar. 123* Mar. 133* Mar. x70 Mar. 3* Mar. 43* Mar. 48 Mar. 1163* 1143* Mar. Sale 13* 163* 23* 24 Mar. 31 1 153* Alar. 31 Alar. 30 57 553* Alar. 30 103* Alar. 31 5 8 Jan. 773* Mar. 15 70 54 49 Alar. 30 Alar. 31 9 Alar. 31 Sale 13* Mar. 16% Mar. 23* Mar. 9 Mar. 13 783* Jan. 4 93* Alar. 6 393* Mar. 14 373* Feb. 55 Mar. 29 54 Alar. 9 Mar. 15 Mar. 7 7 3* Mar. 31 63* Alar. 31 133* Mar. 31 Mar. 22 93* 83* 163* "30 3* 443* 3* 13* 33* 4 Alar. 22 Mar. 11 Mar. 9 Mar. 9 Mar. 10 383* Mar. 97 3* Alar. 9 9 Mar. 11 20|ll23* 163* Mar. 8 Alar. 2 173* 753* % 7% 50% Mar. 9 117 % Mar. Sale Alar. 123* Alar. 85 1023* Mar. Sale Sale 3 73* Mar. 23 93* Alar. 31 12 3* Alar. 31 40 49 37 1 4 30 55 Sale 7 24 Alar. Sale Sale 31 16 77 Sale 54?* Jan. 103* 113* 85 8 31 31 26 753* Mar. 15 Sale Sale Mar. 31 17 Alar. 15 Mar. 15 Mar. 1 Mar. 1 Mar. 10 Mar. 17 Mar. 1 Alar. 31 6 Mar. 20 8 Mar. 31 3* Mar. 22 32 Alar. 31 3* Jan. 20 13* Alar. 31 23* Alar. 22 19 Mar. 9 Mar. 31 643* 63* 83 13 58 653* 63* 503* 113* Mar. 17 60 Jan. Sale Sale 133* 106 6 55 Sale Sale Sale Sale Sale Sale 3 33* 193* Sale 243* Sale 943* 963* 93 3* 100 Sale 963* Sale 93* 323* 113* 48 Sale Sale 50 Mar. 83* Mar. 30 Mar. 33 Sale 113* Mar. 1053* 1043* Mar. 53* Sale 53* Mar. 106 1063* 105 293* Sale 45 1 Mar. 31 143* Mar. 10 Mar. 2 63* Mar. 10 323* Mar. 10 33* Mar. 16 20% Mar. 10 273* Mar. 9 Sale 23* 183* Sale 21 Sale 21 Mar. 93 3* 85 97 94 Mar. 94 Mar. 18 Sale 85 Mar. 893* Mar. 18 7 23* Mar. 213* *23* Mar. 183* Mar. 1043* Sale 103 3* Sale 163* Sale 143* Sale 153* 163* 14 Sale 14 Sale Sale 123* 133* 113* Sale Sale 133* Mar. 113* Mar. 1123* Sale 23* Sale 183* Sale 1323* 1113* 23* 173* Sale Sale Sale 115 137 Sale 1313* Sale 6 Mar. 22 Sale 163* Mar. 13* 16 Sale Sale Sale Sale Sale 1023* Mar. 143* Mar. Mar. 1113* Mar. 13* Mar. 16 Mar. 1313* Alar. 105 173* 173* 163* 133* Mar. Mar. 10 Mar. 11 Mar. 1 Mar. 10 11531jjMar. 30 23* Mar. 173* Mar. 141 Mar. 4 1 9 Alar. 20 93* Jan. 6 93* Jan. 5 113* Jan. 12 173! Jan. 5 753* Mar. 15 72 Alar. 15 13* Jan. 25?* Jan. 70 Jan. 71 Jan. 203* Jan. 403* Jan. 773* Alar. 15 „ 54 Jan. 18 143* Jan. 85 4 Alar. 13 5 113* Jan. 45 \ Jan. 58 Jan. 4 31 1034' Jan. 93* Jan. 163* Jan. 34 Jan. 13* Jan. 463* Jan. 3* Jan. 2 Jan. <1 33* Jan. Feb. 6 27 11 8 3 9 15 20 25 25 13 Sale 54 21 13 113* 323* Jan. Jan. Jan. Mar. 13 Feb. 11 Feb. Sale 50 Jan. Jan. 133* Mar. 50 17 233* 183* 25 3* 213* 53* 67 68 Sale 4 Jan. Sale 1 Alar. 11 8 Sale Mar. 13 Feb. Sale 43* 27 383* Alar. 11 109 Feb. 27 1223* Mar. 27 138 Mar. 13 159 Mar. 9 3* 13* 163* 23* 133* Sale Feb. 10 Mar. 17 68 603* Mar. 43* Mar. 5 Alar.14 4 117 Sale 633* 5 5 Jan. 113 Sale Sale Jan. Jan. 98 Sale 75 4 6 17 4 18 Mar. Feb. 27 Jan. Jan. Jan. 823* Jan. 173* Mar. 5 Jan. 96 Jan. 3 1073* Mar. 1043* Jan. 11 1123* Alar. 123* Mar. 30 183* Jan. 133* Mar. 31 173* Mar. 3 68 Jan. 753* Mar. 31 1 3* Mar. Jan. 43* Mar. 31 103* Jan. 453* Jan. 23 503* Mar. r!H 33* Jan. 393* Feb. Sale Sale 20 3 3 Sale 33* Jan. Jan. 29 23* Alar. 7 213* Mar. 10 23* Mar. 27 773* Mar. 13 173* Mar. 9 23* Sale 5 3 67J* Jan. 23* Jan. 22 3* Jan. 71 Mar. 5 5 14 Jan. 31 31 31 31 Alar. Alar. Alar. Mar. 9 4 21 603* 13* 173* 93* 8 Mar. 16 Jan. Jan. 83* Jan. 8 83* Alar. 6 83* Alar. 10 243* 363* 153* H 223* Alar. 31 Alar. Alar. 38 Jan. 6 Mar. Alar. 16 Sale 12 Mar. Alar. 13 42 Jan. Jan. 5 11 7 1173* Jan. 1153* Mar. 19 243* Alar. 31 393* Jan. 4 73* Alar. 31 113* Jan. 3 83 Jan. 23 903* Mar. 29 75 Jan. 26 813* Jan. 3 103* Jan. 26 163* Mar. 11 Sale 1103* 163* 483* 1133* 9 Alar. 10 93* Jan. 14 9 73* Mar. 93* Mar. 123* Mar. ^ Sale c 106 Sale Alar. 12 163* 23* 3* 143* 143* 43 3* 573* 119;* Sale 63* 93* 1003* 103 183* Sale 163* 143* 13 3* Mar. 14 54 Mar. Sale Sale 100 133* Mar. 213* Mar. Sale Sale 25 rA Y Sale Sale * 17 Sale Mar. „3* Sale c,\* 9 15 10 133* 213* 173* Mar. 673* 23* 213* 153* 213* 163* 253* 213* 43* 65 393* ■3* Sale 283* 63* 323* 33* 213* 283* 943* Sale Sale Jf* 5 Sale Mar. 62 28 Sale* 105 * 13* 18 Mar. 31 603* 13* 173* 93* Mar. 30 8 13* * ..5 Sale Sale 153* Mar. 31 93* Sale 100 ^ 603s 553* Mar. 30 103* Mar. 3i 15 Sale Sale 6 57 Sale 23* 213* 23* 73 3* 83* Mar. 57 53 11 82 3* Mar. 11 57 385* Sale Sale 73* * .....100 26,900 South Porto Rico Sugar 1 463* 3* 13* 1 Mar. 11 50 9 Sale 9 Mar. 50 80 80 93* 9 Mar. 10 Mar. 29 203* Jan. 73* Jan. 67 Jan. 30 115 150 3 4 31 313* Jan. 1033* Jan. 783* 100 12 Sale Sale Sale 163* 333* it* Mar. 68 Westphalia El & Pow * * Mar. Mar. 50 55 Sale 103* 443* 573* 6 Mar. 363* 103* ■903* 803* Sale 72 88 513* 133* Sale 6 Mar. _ Mar. 16 3* 30 40 74 Sale Sale Mar. 64 Sale 38 73 Sale Mar. 62 Sale 193* 9 Sale 243* 73* 853* 773* 133* 12 Sale 13* Mar. 223* Alar. 22 72 68 43* 643* 93^ Sale 13 12 743* Sale Sale 68 Sale 103* I4K Sale 78 13* 243* 203* 163* 243* 10 3* Sale 67 83* 83* 12 163* 100 100 Common 233* 193* 43* Sale 103C 10 7% preferred 53*% preferred page 41 20 16 Sale Sale 743* Rensselaer & Sara RR Co..100 Rhine 233* 18% 25 3* 20 H 43* 1153* 243* 73* 883* 773* 133* Sale 193* 10 1 w 123* Sale 2% 25 Remington-Rand Sale Sale Sale Reliance Mfg Co Sale Sale 67 (Robt) & Co 1st pref. .100 Reliable Stores Corp * Sale 17 * jRadio-Keith-Orpheum Corp.* Ray bestos-Manhattan * Rayonier Inc 1 82 preferred 25 Reading Co 50 1st preferred 50 2d preferred 50 Real Silk Hosiery 5 Reis Sale 20 100 100 Sale 100 653* Sale 23* Sale 80 Preferred 116 Feb. Jan. 5 5 1723* Feb. 5% Mar. 31 83* Mar. 31 § % Mar. 223* Mar. Mar. 32 3 Jan. 3 Mar. 29 Mar. 15 Jan. 14 Jan. 27 3 33* Mar. 17 163* Mar. 31 1 4 Mar. 23 Mar. 23 323 Mar. 31 343 23* Jan. 9 166 53* Mar. 83* Mar. Sale 3* 9 14 Sale * Solvay American Corp 16.000 53*% preferred j—..100 85,100 South Amer Gold & Plat 1 143* 118 1,050 Sloss-Sheffield Steel & Iron. 100 1,520 86 preferred * 10,200 Smith (A O) Corp ..10 3,900 Smith & Corona Typewr * 25,800 Snider Packing * 389,400 Socony Vacuum Oil Co Inc._l5 see Sale 14 Sale 30 40 213* Sale 23* 1 Mar. 41 353* Mar. 27 Sale Sale 93* 5 50 85 preferred 5,200 Simonds Saw & Steel Co 35,500 Skelly Oil Co.... For footnotes 30* Sale X Mar. 14 &* Mar. 31 24 Sale 22 20 Sale^ % Sale Sale Highest Public Service Elec & Gas 2,700 Conv preferred series A 37,300 Shattuck (Frank G) 880 Sheaffer (W A) Pen Co. 46,500 Shell Union Oil 6,000 Conv preferred 26,900 Silver King Coalition. 75,200 Simmons Co 8,500 Simms Petroleum 230 12 X 100 6% preferred.. 7% preferred 8% preferred 35* 363* 3* 223* Mar. 31 173 73* Sale Sale 15 3* 100 $5 preferred 23,000 tSeaboard Air Line 3,800 4-2% preferred... 35,000 Seaboard Oil Co of Del 1,300 Seagrave Corp (The) 146,400 Sears, Roebuck & Co 121,700 Servel Inc. 16,100 Sharon Steel Corp 1,400 85 conv preferred 34,700 Sharp & Dohme 460 172 Sale 100 Pub Serv Corp of N J com Mar. 15 Sale Sale * Mar. 29 Mar. 31 163* Sale Sale 24 * Mar. 31 603* 34 _ 3 42 83* * Procter & Gamble Preferred 5% cap stk new 300 JRutland RR preferred 41,300 St Joseph Lead 4,900 jSt Louis-San Francisco 14,600 6% preferred 190 jSt Louis Southwestern 5% preferred 213", 166 Safeway Stores 2,130 5% preferred 7,260 6% preferred 2,460 7% preferred 5,900 Savage Arms Corp 91,300 Schenley Distillers Corp 7,200 53*% preferred 71,000 tSchulte Retail Stores 28,300 8% preferred 12,100 Scott Paper 800 84.50 conv preferred 600 Sale 100 100 * 1033* Mar. 3 Mar. 31 154 Mar. 1 Mar. 23 43* Mar. 6 323* Mar. 23 323* Mar. 23 343* Mar. 31 413* Mar. 11 Sale ""33* 53* 73* 34 Sale Mar. 31 87 135 3 115 115 20 Sale Prices Sale 73* 243fc 353* 8 25 443-* 91 5 Lowest Sale Prices 3 41 2d preferred Richfield Oil Corp 2,800 Ritter Dental Mfg 6,300 Roan Ant Cop Mines new 8,500 Ruberoid Co 100 210 73* 24 H 40 Highest Sale Prices 42 33* Sale 37 19,000 Reynolds Metals Co 1,400 53* % conv preferred 29,900 Reynolds Spring Co 109,300 Reynolds (R J) Tob cl B 250 2H 36 100 100 94,500 tReo Motor Car 5 676,100 Republic Steel Corp * 1,400 6% conv preferred 100 5,500 6% conv prior pf ser A. .100 41,900 Revere Copper & Brass 5 200 Sale 43 3* 13% * Sale 313* 50 169 147,400 Pullman Co 209,900 2,700 17,400 113,100 1,600 575,700 Sale Sale 6 30 3* * Pressed Steel Car common 5 % conv 1st preferred conv Sale 135 4 67 Porto Rican Amer Tob cl A. Class B 5% 87 Sale 943* 1423* 100 166 _ Ask Bid 60 51,700 Poor & Co class B 30 800 100 100 * * 32,300 Pittston Co (The) 22,500 Plymouth Oil 5 2,200 Pond Creek Pocahontas Co—* 91,800 42,600 221,000 (of Pa) Pitts Ft Wayne & Chicago 370 7% guaranteed pref 59,000 Pittsburgh Screw & Bolt 7,300 Pittsburgh Steel Co. 460 7% preferred class B 1,010 5% preferred class A 600 5 3* % 1st ser conv pr pf_ 5,630 Pittsb & West Virginia 22",800 900 100 2,700 6% preferred 2,500 Pitts Coke & Iron Corp 130 85 conv preferred 41,200 3,000 8,400 3,100 4,900 1,700 2,200 1,300 400 Preferred. "¥,700 Pittsburgh Coal ~~8~, 200 300 10 100 ; * Lowest Mar. 31 Ask Sale Bid 126,500 Phillips Petroleum * 600 Phoenix Hosiery 5 720 Preferred... 100 12,800 Pierce Oil 8% conv pref 100 5,400 Pillsbury Flour Mills. __25 560 Pirelli Co of Italy Am shares 300 46,900 82,000 1,400 4,200 79,400 Mar. 1 92,700 Philip Morris & Co 5,400 5% conv pref series A 5,700 Phillips Jones Corp. 10 49,600 1939 Mar. 22 Mar. 31 133* Mar. 31 26 34 23* 22?* 33* 773* Jan. 5 5 5 Jan. Jan. 6 Mar. 13 18'% Jan. 10 213* Jan. 5 11 69 Jan. 43* Mar. 31 7 3* Jan. 5 25 503* Feb. 113* Feb. 24 47 Jan. 83* Mar. 31 28 113* 1043* 53* 213* x2% 183* Jan. 5 Mar. 31 Mar. 27 Jan. 27 21 Jan. 26 94 Mar. 18 80 Jan. 101 Jan. 143* 133* 123* 113* 111 36 Feb. 153* Jan. 7 107 Feb. Jan. 23 7 Jan. Mar. 31 323* Jan. Jan. 33* 213* 293* 953* 26 Jan. 26 Jan. 26 Mar. 31 6 5 3 3 4 3 3 5 19 21 Mar. 7 193* Jan. 5 30 101 18 105 Jan. Jan. Jan. Jan. Jan. 16 Feb. 173* Mar. 11 17 Feb. 28 133* Jan. 4 Feb. 21 115"jjMar. 30 3 Jan. 10 183* Jan. 20 1313* Mar. 31 141 Feb. 4 13* Mar. 31 16 Alar. 18 k u Jan. 3 1939 EXCHANGE Par 60,400 Southern California Edison. _25 471,000 Southern Pacific Co 100 346,800 Southern Railway * 181,000 5% preferred 100 500 Spalding (A G) & 1st 3* 1 47 Sale * 2 45 IP Sale * 1 25 Mar. 31 25 4 Mar. 3 4 Mar. 9 Mar. 4 4 3* Mar. 31 Mar. 14 14 2 Mar. 16 16 3* Mar. 6 5 Mar. 4 Mar. 9 3 45* Mar. 3 18* Mar. 14 18 48 Mar. 15 15 61* 75* 30* 7* Mar. 9 Mar. 8 8 Mar. 10 10 Sale 12% 13* Sale Sale 20 Sale 19* Mar. 31 30 39* 47 3 Sale 40 Sale Sale 15* 44* Mar. 46 2* Mar: 31 5* Mar. 31 16* Mar. 31 2* Sale 5* Sale 16* Sale 37* Sale 13* Sale j* 13* Mar. 31 16 15 45% 45 Sale 44 Mar. 15* 43* 15* Sale 10* Sale 10* Mar. 31 70 * Sale 72 Sale 66 Sale 66 Mar. 31 29% 7* Sale 28* 21* 6* Sale 21* Mar. 31 6* Mar. 31 98% Sale 2h Sale * 3* Stokely Bros & Co Inc Sale Sale Sale Sale 100* 1* 3* 9* Sale 18* Sale 23 * * * if* & Corp Sun Oil Sale Sale Sale Sale Sale Sale 120% 121* 11% Sale 38% Sale 3% Sale 20% Sale —100 10 * --1 100 11,700 Superior Steel 7,800 Sutherland Paper Co 10 1,000 Sweets Co of Amer (The)—50 54,200 Swift & Co 25 30 Sale 10% 18% 27% Sale 10 - 17,500 Swift International Ltd------ 12* Sale Sale Sale 15 Sale 26* Sale * Mar. 26* Mar. Sale 25 Sale 25 51 45 5 4 Sale 4 9* 6* Sale 9* Mar. 6* Mar. Sale Sale 60* Sale Sale 8* 25 Sale 2* Sale 12* Sale 27* Sale 8* 12* 18* Sale 26* Sale 18* 10* Sale Sale Mar. /16,100 Telautograph Corp 26,200 Tennessee Corp 7% Sale 7% 9 42* 44* ---5 4* Sale -5 218,200 Texas Corp (The) 77,900 Texas Gulf Producing 74,400 Texas Gulf Sulphur. 38,900 Texas Pacific Coal & 48 2o -- * Co -* Oil----10 __ 44,600 Texas Pacific Land Trust ctfs 1 6.200 Texas & Pacifici 100 4,600 Thatcher Manufacturing * 1,000 $3.60 conv preferred. * 3,400 The Fair Co 440 17,800 Third Avenue 4,000 Thompson (J R) 42,200 Thompson Products 3,600 Preferred 15* -1 4 * Starrett . 68,300 Tri-Continental 2,700 6% preferred Corp * -* —10 Fox Film Corp. 13,600 Truax Traer Coal 1,600 Truscon Steel Co 97,200 20th Century 8,200 $1.50 preferred — 6,100 Twin City Rapid 1,510 Preferred-63,400 Twin Coach Co Transit. 100 1 10,400 Ulen & Co * 12,600 Underwood Elliott Fisher...* 121,100 Union Bag & Paper • * 140,100 Union Carbide & Car -* 52,600 Union Oil, California 2o - 100 55,100 Union Pacific 4% preferred 100 r* 15,800 Union Tank Car 5 524,400 United Aircraft Corp.. 235,300 United Air Lines Transport._o 11,700 United Biscuit of American—* 11,400 Preferred 19,600 United Carbon 4,900 United-Carr Fastener -100 * Corp. * _ _ * 413,000 United Corp Preferred 99,400 133.500 United Drug Inc * 5 10 10,000 United Dyewood-Preferred 100 710 28,600 United Electric Coal Cos—-.5 .5 6,100 United Eng & Foundry 72,400 United Fruit * * 266,300 United Gas Impt Co. Pr6fcrr6(i — ^ 3,100 Mfrs fnc vtc.l 45,700 United Merch 10 13,700 United Paperboard Co — «• — — «* — 23,000 U S & Foreign Secur Corp.__* $6 1st preferred .* 2,600 * 500 U S Distributing Corp Preferred 1,670 14,400 U S Freight 42,000 U S Gypsum Co • 250 7% preferred 8,200 U S 400 Hoffman Mach 5* % conv preferred 31,800 U S Industrial Alchol. 13,800 U S Leather 21,600 Class A Prior preferred 68,700 U. S Pipe & Foundry 86,300 U S Realty & Impt 300 100 -* 20 100 100 20 * Sale Sale Sale Sale 58* Sale 40 Sale 18 Sale 3* Sale 28* 3* 15* 13* 93* 18* Sale 18 18* 87* 12* Sale Sale Sale 94* Sale Sale 97* Sale 10* 4* 65* 11* Sale 90 Sale 18* 98* 83* 22* Sale 41 Sale 13* 16* Sale 35* 3* Sale Sale Sale Sale 23 Sale 119 Sale 17* Sale 34 Sale 5% 8% 66* 6* 32* Sale 65 Sale 11 112 7* Sale Sale 6* Sale Sale 115 Sale Sale Sale 89 6)1 ii?" * 6* Sale Sale 173 35 Sale Sale 4 18* 2* 3* 27* 2* 13 4* Sale 19 __ Sale . Sale Sale 13* Sale 95* 15* Sale 47* Sale 12* 94 18* Mar. 26* Mar. 86 4* 24* 31* 3 25* 10* 3* 57 Sale Sale 66* Mar. Mar. Mar. Mar. Mar. 7 31 31 31 31 Sale Sale Sale 7* 14* 17* 57* 3* Sale Sale 59 Sale 39* Sale 3 Sale 15* 1* 3* 20* Mar. 31 Mar. 31 Mar. 31 Mar Mar 33 Mar 3 Sale 33 Mar. 31 8 Sale 8 7* 14* 17* 57* 3* Mar 15* Mar 1 * Mar Sale 4* Sale Mar. 22 3 20* Mar. 31 2 Sale 2 Mar. 31 10 Sale 10 Mar. 31 12* 94* 12* Sale 12*. Mar. 31 93* Mar. 17 12* Mar. 31 Sale Sale Sale 38 Mar. 31 6 Sale 6 Mar. 22 7* Sale 7* Mar. 31 6 Sale 6 Mar. 31 2 Sale 2 Mar. 31 9* Sale 87* Sale 13* Sale 32* 3* Sale Sale 3% 58* 19* Sale Sale Sale 77 3* Sale 3* 38* 5* 7* 71 Sale 5* 31 Sale Sale Sale 5* 73* 33 Sale 13 Sale 113* 9* 6* Sale 9* Sale 85 Sale Sale 88 3* Mar. 31 Mar. 30 9 Sale 18* Sale 18* Mar. 31 30 Sale 30 2* 22* 8* Sale 2* Mar. 31 22* Mar. 23 Sale Mar. 31 8 Mar. 31 Sale 2 Mar. 28 Sale 2* 50 Sale 50 Mar. 31 8* Sale 73* Sale 17* Sale Sale 91 Sale 83 Sale 86* Sale 22* 21* 20* Sale 40* Sale 33* Sale 12* Sale 9* Sale 16* 16* 17* Sale 117 113* 117* 115 60 62 57 Sale 15 Sale 18* 18* Sale Mar. 31 77 10 103 2* 32* 5* 4* 60* Sale Sale Sale Sale 65 6 Mar. 18 13 19 Mar. 11 24 40 6* Mar. 11 5* Mar, 9 11 Mar. 14 3 5* 31* 9* 8* 20* Mar. 3 3 Mar. 11 5 3 6 Mar. 10 Mar. 10 6 Mar. 4 4 21 Mar. 16 16 58 Mar. 8 4 Mar. 3 17 9 7 10 37* Mar. 10 4* Mar. 9 20* Mar 10 10 Mar. 2 2 3* 28* 3* 14* 14* 95* 17* Mar. 3 10 Mar. 8 Mar. 6 3 4 Mar. 6 3 Mar. 10 10 50* 3 7 9 Mar. 11 3 Mar. 15 3 Mar. 28 7 10 Mar. 2 3 Mar. 10 4 9* 9* 3* 87* 4* Mar. 5 Mar. 10 Mar. 10 9 Mar. 1 3 12 Mar. 7 4 24* 33* 3* 27* 11* Mar. 9 4 5 Mar. 13 Mar. 3 5 Mar. 4 4 Mar. 11 4 7 4 Mar. 14 3 Mar. 10 4 Mar. 13 4 3* Mar. 91 83 Mar. 5 4 Mar. 31 89 Mar. 28 25 Mar. 31 22* Mar. 14 40* Mar. 3 13* Mar. 4 Mar. 22 18 Mar. 31 31 Mar. 22 112* Mar. 31 117 Mar. 31 65* Mar. 10 57 22 20* 33* 9* 16* Mar. 31 8 Mar. 13 Mar. 31 15 2* 20 Mar. 31 1 3* Mar. 39* Mar. 14 7* Mar. 10 32* Mar. 31 5* Mar. 31 4* Mar. 31 61* Mar. 31 11* 112* 7* 4* Mar. 31 Mar. 23 Mar. 31 Mar. 31 5 4 10 13 * 6 14 10 *5 7* Mar. 9 Mar. 4 Mar. 2 4 Mar. 13 12 Mar. 11 11 Mar. 10 27 71* 5* 33* 78* 13* 113* 10* 6* Mar. 29 Mar. 6 Mar. 1 11 14 r! IM 5* Mar, 31 80 Mar. 31 * Mar. 15 * Mar. 31 10 108 176 Mar. 31 10* 87* * 7* Mar. 31 Mar. 22 180 5* Mar. 31 26* Mar. 28 20 30 16 Mar. 31 16 Sale 5 Sale 4 Sale 4 Mar. 30 7 Sale 7 50 58 Sale Mar. 4 Mar. '8 Mar. 13 24 Mar. 16 4 Mar. 3 9 Mar. 13 4 9 '9 Mar. Mar. 11 4 26* Mar. 28 25* Mar. 9 5* Mar. 4 .18 7 Mar. 31 63 Sale »! 3 4 Mar. 13 13 6* Mar. 10 10 Mar. 9 3 111* Mar. 8 Mar. 2 49 Sale 37* Mar. 3* Mar. 35* Mar. Sale 91 Mar. 53 Sale 53 Mar. 60 Mar. 3 5 63 65 65 Mar. 68 Mar. 27 27 Sale 37* 3* 36* 91* Sale 65* 4 45 85 64* 27 4 Sale 58 4 14 11 85 105* 4 Mar. 14 7* Mar. 1 7* Mar. 11 Sale Sale 3 Mar. Mar. 5 Sale 6 Mar. 1 9 7 4* 4 3 Sale 49 8 3 Sale 46 Mar.' 1 5 22* 4* 4 4 7 33 Sale 4 Mar. Sale Sale 5 Mar. 4 Mar. 31 177 3 Mar. 10 Mar. 69 5* 5 4 104 Sale 170 4 Mar. Mar. 10 Sale Sale 11 Mar. Mar. 6 6* 26* Mar. 11 Mar. 31 69 * 3 19* Mar. 15 Mar. 22 Sale 3 Mar. 10 88 30 Sale 9 Mar. 11 Mar. 31 Sale 5* 5 Mar. Mar. 31 8* 4 80 14 Mar. 10 17* 31 Sale 13 Mar. 14 73 Mar. 31 „ Mar. 13 88 4 11, 19 Mar. 31 Sale 113* 114 7* Sale 4* Sale 6 9 9* 100* 50 Sale 4* 4* 37* 4* 28* Sale 4% 37* 4* 28* 38 10* 84* 70 Sale Sale 31 31 31 31 Sale 5 Mar. Mar. Mar. Mar. Sale Sale 9 52 M Sale Sale Sale Sale 5* 4* 6* 37* 5* 4* 6* 37* Sale Sale 101* 62 58 42 177 Sale IP. 57 3* 36* 11 Sale 3* 5 5* Sale Sale Sale Sale Sale 20 20* Sale 8* 3* Sale 17 4* 5* 43* 5* 29* 8* 8* 18* Sale Sale Sale Sale 6* 43 40 9 28 65 6* Sale Sale 115 7* Sale 26* 34* 3% .50 * * Sale 2 5 10 794,000 U S Rubber 102,000 8% 1st preferred 100 18,400 U S Smelt Ref & Mining...50 Preferred 50 7,100 For footnotes, see page 40. 58 pref_---10 100 25 123,000 Tide Water Associated Oil--10 6,300 $4.50 conv preferred -* 46,200 Tiruken-Detroit Axle Co 10 37,100 Timken Roller Bear * 129,000 Transamerica Corp new 2 75,800 Transc & West Air Inc..--—5 7,900 Tran & Williams Steel torg- 160 Sale 37* -- $3 dividend conv 33,400 Thompson 5% 32% 9% 8% 21% 19% 100 30,000 Thermoid Co 1,620 Sale 4 - 7% preferred Sale 8* 9 19* Mar. 9 28* Mar. 27 Mar. 10 20 20 6 Mar. 10 2* Mar. 12* Mar. 27* Mar. Symington-Gould Corp with 49,800 stock purchase warrants—1 39,100 Without warrants --1 3,800 Talcott (James) Inc -9 530 5*% preferred —50 4 10* 36* 2* 18* 30* Mar. 25 Sale 23 126 Mar. 125* 123 Sale 8* Mar. 124 Sale 30 Mar. 57 Sale 57 3 Mar. 15 * 30* 28* 50* 50* 33* 74* 11* 5* 16* 8* 60* 50* Mar. 45* Mar. 26 Mar. 70* Mar. 7* Mar. 8 70* 9 24* Mar. Mar. Sale Sale Sale 14 Mar. 10 20 Mfir. 31 Mar. 31 26 9 9* Mar. Mar. 31 34 Sale 18 9 50* Mar. 31 Sale 28* 19* 27* Sale 45* Sale 9* 35* 2* Sale Sale 5* 126 1* 2* 5* 4 1* Mar. 10 Mar. 3 4 Mar. 24 W" Sale 15* 7* 60* Sale 3 Mar. 22 101 100 Sale Sale 11 50* Sale 1* 2* 5* 13* 23* Sale Sale 1* Sale Sale Sale 28% 42 >3 53* 83% 71% 12% Sale 100 aVA 19 * 28* 26* 45* 48* 32* 72* 28 * 1 Stone & Webster 29 Sale * * * Superior Oil 2P Mar. 31 37 * 1 (The) 19* 21* 32* 39* Mar. 22 34 Sale j* Sale 7 11 6 12* Mar. 31 13* Mar. 31 Sale 9 Mar. Sale Sale 4 19* 45* Highest Sale Prices 27* Mar. 11 Sale Prices Ask Sale Sale 15* preferred 19,400 Superheater Co 72.900 8% Sale * 6% preferred-, 87,500 Sunshine Mining Co 42 Sale 7* 26* 18* ,34 21 Brands Studebaker 41 Sale 35* 1,600 Standard Investing Corp—161,500 Standard Oil of California * 152,600 Standard Oil Co. of Ind 25 1,000 Standard Oil of Kansas 10 225,000 Standard Oil of New Jersey.25 6,900 Starrett Co (The LS) -* 23,300 Sterling Products Inc 10 82,600 Stewart Warner Corp 5 26,600 368,900 235,400 10,800 1,550 Sale 3 P 1 $4 preferred $6 prior preferred 7 prior Sale 38 100 preferred $4.50 preferredtStandard Com'l Tobacco Standard Gas & Electric 6,700 55,100 21 * Ask Bid Bid 22* Sale 33% Sale * Bros Sparks Withington Spear & Co Spencer Kellogg & Sons Sperry Corp (The) v t c Spicer Mfg Co $3 conv preferred A Spiegel Co Inc Convertible $4.50 preferred Square D Co class B Standard 24 * Ohio certifs—100 Mobile & Ask Bid Lowest Mar. 31 Mar. 1 Shares 14,100 2,220 46,900 2,400 2,100 481,900 34,000 1,820 331,700 7,350 19,100 272,600 11,400 18,100 49,200 95,900 L PRICES IN MARCH Price STOCKS N. Y. STOCK exchange—stocks y. stock n April, 1939] Sale 52 8 40 N. Y. STOCK EXCHANGE—STOCKS AOOREOATE SALES In Price STOCKS Since N. Y. March Shares 490 5,500 2,700 13,200 1,300 1,000 1,500 560 3,900 580 370 8,000 390 20 30 900 7,000 2,400 8,200 20 210 ' 800 500 31,800 .— Preferred A > 116,300 Walworth Co --* 100 5 * * * 1 * _ preferred 10 $1 1st preferred 15,100 Warren Foundry & Pipe 14,000 Waukesha Motor Co 14,800 Wayne Pump Co 2,100 120 ' m m - - - 15,400 m> m, - _ «. _ 1,300 600 29,000 3,300 2,900 6,500 9,200 47,600 10,700 21,200 7,800 72,900 18,000 230 1,850 71,600 11,800 1,600 — 433 4,200 5,800 194,800 550 11,400 141,500 100 18,600 31,200 9,600 .. i» 28*$ Sale 2*$ 7*$ 119 69 * 100 100 West Penn Power pref 7%-100 6% preferred 100 Western Auto Supply Co—10 Western Maryland 100 2d preferred -.100 9,800 Westvaco Chlorine Prod * 5,700 5% preferred '.30 140 Wheeling & Lake Erie Ry._100 10 5*$% conv preferred 100 48,500 Wheeling Steel Corp * 100 Preferred $5 prior preferred * 1,200 White Dental Mfg Co (SS)_20 73,600 White Motor Co 1 10,000 White Rock Min Spgs Co * 7,900 White Sewing Mach * 10,000 Convertible preferred * conv 37,300 Wilcox Oil & Gas 233,700 Willys-Overland Motors 61,900 6% conv preferred 3,700 3,700 2,103 8,400 13,600 1 10 7% preferred A 100 6% preferred B 100 Prior pref 4 *$% series 100 Prior pref 4*$ % conv ser 100 Wright Aeronautical Corp * Wright (Wm) Jr * Yale A Towne Mfg Co -.25 509,600 Yellow Truck & Coach cl B..1 2,260 7% preferred 100 24,500 Young Spring & Wire * 382,100 Youngstown Sheet & Tube * 1,400 100 5*$% preferred 45,200 Youngstown Steel Door * 65,600 Zenith Radio Corp * 27,000 Zonite Products Corp 1 name « Deferred delivery, r 9, g 1 91 Sale 122*$ Sale 115*$ 26*$ 3*$ 6*$ Sale *$ 1*$ Sale Sale Sale c, Sale 24*$ Sale 31 Sale 119*$ Sale 140 19*$ 37*$ 20*$ 31*$ Sale 160*$ Sale *$ Sale 26 18*$ 19*$ Sale 28 29*$ Sale 114*$ 110*$ 116 40*$ 59*$ Sale 25 Sale 3*$ 27*$ 38 39 4 Sale Sale 17*$ 891$ 7*$ 47*$ 19 74 19*$ 14*$ 2*$ 20 5*$ 1*$ 1*$ 1*$ Sale 29 Sale 3*$ 6*$ 3 24*$ 50*$ 22*$ 59*$ 37*$ 50 120 52 Sale 77*$ Sale 32 20*$ 104*$ 19*$ 54*$ 82 Sale Sale 108 Sale Sale Sale 30*$ Sale 20*$ Sale 3*$ Sale 107 78*$ 29*$ 19*$ 110*$ 17*$ 49*$ 80 27*$ 19*$ 3*$ 16 1*$ 2*$ 1*$ 7*$ 18*$ Mar. 15 Mar. 6 Mar. 20 1*$ Mar. 31 1*$ Mar. 20 Mar. 6 1 Mar. 14 90 Mar. 13 7*$ Mar. Sale 35*$ 45$ Mar. 31 44 8 44 Sale 41 Mar. 2 Sale 2 9*$ Sale 9*$ Mar. 31 Mar. 31 Mar. 13 5 24*$ Sale 16*$ Sale 22*$ Sale Sale 1*$ Sale 245$ Mar. 16*$ Mar. 22 Mar. 31 Mar. 2 1 *$ Mar, 20 66 66*$ Sale 91*$ Sale 90 105*$ Sale 103*$ 94*$ Sale 94 122*$ Sale 122*$ 116*$ 1175$ 115*$ Sale 23 Sale 31 31 Mar. Mar. 31*$ Mar. 14 22*$ Mar. 9 30*$ Mar. 10 1 2 Mar. Jan. 3} 3*$ Jan. 1 6 20 Mar. 31 28*$ Jan. 3 2 66 Mar. 30 4 89 9 3 Mar. 14 4 Mar. Mar 114*$ Jan. 22y-i Jan. 98*$ 124*$ 24 116*$ 20 31*$ 2*$ Mar. 31 5*$ Jan. 26 *$ Feb. 20 Feb. 1 a* Mar. 31 18 23*$ Mar. 9 Mar. 6 19 Mar. 31 93 Mar. 31 Jan. Mar. 8 130 18 *$ Mar. Mar. 37 4 37 Mar. 26 145 22* 3 19*$ Mar. 21*$ Mar. 14 Mar. 32 Mar. 16 30 Mar. 31 Mar. 55 Mar. 27 50 Mar. 27 60 Feb. 75 74 110 18*$ Sale 10 8 Sale 5 75 18*$ Mar. 31 27*$ Mar. 4 Mar. 17 Sale 5 Sale 1*$ Mar. 2*$ 1*$ 3*$ Sale AW Sale 40 107*$ 15?$ 45*$ 13*$ Sale Sale Sale Mar. 31 1 16*$ Mar. 31 2*$ 1*$ 3*$ 3*$ 40 Mar. Mar. Mar. Mar. Mar. 59*$ 12*$ 12*$ 6 t$ 1*$ Mar. 4 Mar. 10 Mar. 9 Mar. 2 Mar. 13 23 Mar. 3*$ 2*$ 55$ 4*$ 48*$ Mar. Mar. Mar. Mar. Mar. 9 Jan. 54*$ Feb. 105$ Jan. 8 ' 15*$ Mar. Sale 45 Sale Mar. 13*$ Mar. 45 Mar. 10 60 Mar. 66 3 Jan. Jan. Jan. Mar. Jan. Feb. Jan. Feb. 4 4 5 8 7 24 4 13 12 20 315$ Jan. 4 80 Jan. 27 4 60 Jan. 4 5 12*$ Mar. 10 4 139$ Jan. Mar. 31 Mar. 31 Jan. 15*$ 24*$ Mar. 8 50*$ Mar. 10 21 *$ Mar. 10 66 20 27 Jan. 4 19$ Jan. 3 7 23 25$ Mar. 31 1*$ Mar. 31 3*$ Mar. 31 3*$ Mar. 31 40 9 10 Mar. 22*$ Jan!, z32*$ Jan. Mar. 31 5 1*$ Jan, 13 15*$ Jan. 27 107 Sale 16 38 18*$ Mar. 31 80 1*$ 16*$ Sale 18*$ Feb. Jan. 24*$ Jan. 315$ Jan. 120 12*$ Mar. 31 3 Mar. *$ Jan. 15$ Jan. 16 50 9 3*$ Mar. 9 3*$ Feb. 8 Feb. 8 6* Jan. 49*$ Jan. 19 108*$ 5 5 Mar. 31 13*$ Mar. 31 31 Jan. 12 255$ Jan. 505$ Jan. 23*$ Jan, Mar. 31 Jan. Mar. 4 60 5 4 Mar. 10 58 ~27~~ Sal Feb. 16 65 10 27 Mar. 31 38 Jan. Mar. 10 38 Mar. 31 53 Jan. 5 108*$ 80*$ 33*$ 20*$ Mar. 94*$ Mar. 31 120 J an. 3 Mar. 9 112 Mar. 9 18*$ Mar. 6 27 Mar. 35*$ Mar. 38 Sale 8 Mar. 50 94*$ Sale 1 75 Sale 5 25 Sale 13*$ Sale 106 Sale 25 *$ Mar. Mar. Mar. 13*$ Mar. 106 Mar. Mar. 12 Sale 12 Sale 35*$ Mar. 3*$ Jan. 89 30 36 Sale Mar. 10 60 Sale Sale Jan. 97 107 Sale Salo Sale 85 79 3 117*$ Mar. 11 145 3 4 31 *$ Mar. 1*$ Mar, 29 Mar. Feb. rl20 *$ .lan. Mar 2 102*$ Jan. Mar. 10 63 Sale 4 37 66 Sale 5 32*$ Jan. Mar. 31 38 Mar. Mar. 13 244$ Jan. 4 Mar 12*$ Mar. 5 315$ Mar. 14 Mar. 7 Mar. Mar. Mar. 21 3*$ Jan. 3 128$ Mar. 16 13 245$ Mar. 31 16*$ Mar. 31 Mar Mar. Mar. 6*$ Jan. 56 Mar. Mar. 14 1 44 3 2 98*$ 124*$ 116*$ 31 H 3*$ Sale Mar. 13 3*$ Mar. Mar. Mar. 3 9*$ Jan. 50*$ Jan. 209$ Jan. 14*$ Mar. 2*$ Jan. Mar. 31 22 3 90 9*$ Mar. 31 Mar. 4 16 25 Mar. Sale Sale 5 Mar. 10 Mar. Feb. 2 Mar. 13 5 Mar. 2*$ Mar. 5*$ Mar. *$ Mar. 5*$ 3*$ Mar. 13 12*$ Mar. 16 97 11 J$ Mar. 30 8 Mar. 31 Sale7 26 Mar. 31 2 3 Jan. 7*$ Feb. 18*$ Jan. 34*$ Jan. 24 4*$ Mar. 31 36 74 11 80 2 8 Mar. 15 1*$ Jan. 3*$ Jan. Jan. 85 Mar. 21 56 107 Mar. 23 Mar. 6*$ Mar. 10 Mar. 56 Sale 14 Mar. 31 16*$ Jan. 1 Mar. 48 49 131 1 Sale 40 Sale Mar. Feb. 3 19*$ Feb. 20 10*$ Mar. 23 Sale Sale 125 Mar. 95 Sale 44 Mar. 1 70 48*$ 19*$ 33*$ 77 Mar. 16 4 95 "24*$ Sale 67*$ Jan. 77 Mar. Sale "75" 11 14*$ Mar. 2*$ Mar. 137 60 9 Jan. 20 2 18 120 Mar. 31 Mar. 31 Feb. Jan. 2 148 24 X 13 Jan. 19*$ Mar. 25 10*$ Mar. 23 Sale 141 Sale Mar. 2*$ Mar. Sale Mar. Sale 6 24 8 7 131 Mar. 106 5 Feb. 18 4 4 117 Mar. Sale 2 18 Sale Jan. 20 19 93 137 Sale Mar. 24 1*$ Feb. Mar. 31 Sale 3*$ 3 . Jan. 6 3 Mar. 31 Sale Sale 114 8 Mar. 11 5 30 54 Mar. 1*$ Mar. 28 1*$ Mar. 31 1*$ Mar. 20 Sale Sale Mar 2*$ Mar. 41 60 Sale 125 19*$ Sale 3 25 7 9 Sale Sale 70*$ Mar. 31 18 12*$ 8 15 21 25*$ Feb. 4*$ Jan. 31*$ Jan. Mar. 10 Sale 68 Mar. 21 19*$ Mar. 2*$ Mar. 18.*$ Mar. 48 19*$ "25~~ 4 Mar. 31 50 107 4 Mar. 120 94 2*$ 5*$ 4*$ 44.*$ 4 29 Mar. 31 *$ Sale 20 30*$ 27*$ Mar. 31 35*$ 113 Feb. 6 114*$ 36*$ Jan. 24 42*$ Mar. 31 31 2*$ Sale 4*$ 4*$ 4*$ Sale 45*$ Sale 2*$ 25 *$ Mar. 4 Mar. 1 117 Mar. 29 6 Sale 3 6 7 28 *$ Jan. , 3 20 3 Feb. Mar. 31 5 Sale Sale 35*$ Mar. 16 ' 11 Feb. 78 23 19 87 37 Sale Sale Sale Sale Mar. 2*$ Mar. 20 1 Sale 9 Feb. 17 Mar. 41 38 Sale 6 *$ 1*$ 19*$ Sale 115 Sale 27 *$ Jan. Mar. 24 Mar. 22*$ 28*$ 112*$ 79*$ 58*$ 11*$ 11*$ 6*$ 1 *$ 19*$ 5$ 83*$ Jan. 3 162 27 Sale 5 72*$ 110 , Mar. 31 Sale Sale 38 Jan. 28 Sale *$ Sale Jan. 50 31 31 120*$ Mar. 24 35*$ Jan. 16 45*$ Jan. 31 35$ Jan. 20 85$ Mar. 31 2*$ Mar. 31 56*$ Mar. 24 12*$ Jan. 5 2*$ Sale 72 157 20 87 Sale 1*$ 9 6 Highest Sale Prices Jan. 24 70 41 1*$ 116 Mar. 3 113*$ Mar. 30 38*$ Mar. 30 42*$ Mar. 13 113 Mar. Mar. -Ian. Feb. Mar. Feb. Mar. Mar. Feb. Mar..10 Mar. 15 Mar. 31 27*$ Mar. 31 9 49*$ 112*$ 33*$ 43*$ 2*$ 7*$ 1*$ 48*$ 10*$ 161*$ Mar. Mar. 24 Mar. 31 2 Sale Mar. 77 17 20 Sale 19 6 Mar. 31 Mar. 22 Sale Sale 94 12 78 17 Sale 123*$ 56*$ Mar. 15 Mar. 31 Mar. 31 Mar. 31 3 75 20* 2*$ Mar. Mar. 31 160*$ Mar. 60 Mar, Mar. 31 6 Sale Sale Mar. Sale 35*$ 4*$ Sale Mar. 31 Mar. 31 6 12*$ 37*$ 19*$ Sale 2*$ Sale 18*$ 13 Sale Sale 115 30 74 45*$ Mar. 2 J$ Mar. 31 18*$ Mar. 31 Sale 12 6 Sale Sale 91*$ 103*$ Mar. 22 19*$ Mar. 31 2*$ 8*$ 3*$ 28*$ 21 *$ 1*$ 24*$ 72 Mar. 31 65*$ Mar. 9 Mar. 31 120*$ Mar ..11 Mar. 31 35*$ Mar. 2 Sale 10*$ 41 39 49*$ 112*$ 34*$ 44*$ 25$ 7*$ 1*$ 48*$ 10*$ Sale Sale Sale Sale Lowest Sale Prices 2*$ 18*$ Sale 42 Highest Sale Prices 19 *$ 120 115 115*$ 122 70*$ 70*$ Sale 75*$ 119*$ 119*$ Sale 2*$ 2 Sale 17*$ 89*$ Sale 48*$ Lowest 80 80 Sale 73*$ 90 29*$ Sale 79*$ 92 59*$ Sale 10*$ 12 Sale Sale 60 75 Cash sales, from United American Bosch, 3*$ 5 54,600 Wilson & Co.. * 9,800 S6 cum preferrred 100 60 Wisconsin Elec Pow 6% pf-100 27,500 Woodward Iron Co 10 179,900 Woolworth (F W) 10 36,600 Worthinglon P & M 100 260 14 « 28*$ Sale 78*$ 80*$ 103*$ Sale 90 88*$ 100 Weston Electric Instrument._* 460 Class A * 2,600 10 Sale Sale 34 113 1*$ 7*$ Sale Sale Sale 35*$ 38 6*$ Sale 39*$ 41*$ 3 *$ Sale 100 12,000 Sale 2 14*$ 2*$ Sale Sale 17*$ 27 1*$ 2*$ Sale 46 U* 77 76 6 Sale Sale Sale Sale 2*$ 6*$ Sale 1SX Sale Sale Sale 8 Sale Sale Sale 2*$ 124 Sale Ask 72*$ 161*$ 76*$ Sale IX Sale 3*$ Sale 3H Sale 2 * A—* Sale 48 6 119*$ 85 50 112*$ 34*$ 44*$ 25$ 7*$ 115 Sale 7% preferred. 6% preferred 2 Sale Sfle 32*$ Sale 85,600 Western Union Telegraph-.100 Westinghouse Air Brake * Westinghouse Elec & Mfg..50 850 7% 1st preferred 50 100 1 SINCE JAN. Sale Prices Mar. 31 Sale Sale * 6% preferred * No p„ar valu®- Change of Sale _1 6,200 Western Pacific 11,600 30 2,400 1,500 80 Sale 4 30 ... 4,200 "25 X 24 100,700 4,500 Sale 115 Sale Sale Sale 28*$ Sale 33*$ 34 *$ 112 114*$ 40 8 11 W Sale 147,100 210 19jl Sale 53*$ Sale Sale 63*$ 117*$ 35*$ 45*$ 3*$ 14 Sale 1 Ask Bid Bid 54 1 3,100 3,520 1,540 Sale 5 6,700 Webster Eisenlohr 3,100 Wells Fargo & Co 31,600 Wesson Oil & Snowdrift $4 conv preferred 2,140 West Penn Electric Co 2,590 46 68 K Sale 8*$ 8,900 Class B 3,300 7% preferred 316,300 Warner Bros Pictures 3,600 J.85 conv preferred 65,900 J Warr en Bros 2,200 Convertible Sale 157 50 X 20 X Walker Sale 12 83 * 61,600 390 4lH (H) Gooder & W Ltd * 5,200 Preferred * 3,200 Ward Baking Co class A * 22,800 Sale 3*$ Sale 7*$ Sale ...100 * * Ask 44 100 Preferred B Walgreen Co 2,400 4 *$ % preferred with warr 100 33,600 3,200 69 118 *$ 35 *$ 100 tWabash 16,400 8,000 1,400 3,400 5 11,000 Waldorf System 3,500 29,500 4,200 100 7% 1st preferred 5% preferred 100 100 Virginia Ry Co preferred—100 430 Vulcan Detinning 100 30 7% preferred 100 "226 700 860 .100 Preferred Bid 360 210 970 * 30",300 8~400 10,800 1,110 1,580 * Vicks Shreve & Pac Ry Co .100 Victor Chemical Works 5 33,800 Va Caro Chemical * 21,000 6% preferred 100 1,370 Virginia Elec & Power 6% pref* 620 Virginia Iron, Coal & Coke 100 " 1,600 — 7,600 Vick Chemical Co 2,700 2,700 1,340 12,900 25 1 * .120 Preferred 100 100,000 Vanadium Corp of America._* 10,700 Van Raalte Co -5 20 9,800 5,400 5,400 -* 1,830 Universal Picture 1st pref__100 11,600 Vadsco Sales Corp— — -—* 32,900 3,800 10 100 _ 60 1,300 3,700 1,600 163,400 2,460 27,900 1,300 ---* 2,500 Universal-Cyclops Steel 1 4,000 Universal Leaf Tobacco..--* 480 50,600 7,600 1,100 Mar. Par 1,222,500 United States Steel 35,200 7% preferred 23,300 U S Tobacco 1,730 7% preferred 14,300 United Stockyards Corp 6,400 Conv preferred (70c) 26,000 United Stores A 3,000 3 conv preferred 481,100 11,800 9,200 RANGE 1939 Jan. 1 Shares PRICES IN MARCH Jan. 3 STOCKiEXCHANGE 76*$ 19 17 2*$ x Ex-dividend, y Ex-rights. Change of name from Peerless Corp. 80 Mar. Sale 19 Mar. Sale 16*$ Mar 2*$ Mar. 82*$ Sale . 9 Mar. 14 Mar. 13 75 Mar. 31 25 Mar. 31 13*$ Mar. 31 105 12 Jan. 30 114*$ Feb. 21*$ Jan. 35*$ Mar. 31 29*$ Mar. 10 20*$ Mar. 9 3*$ Mar. 3 19 Mar. 31 16 Jan. % Companies reported in receivership. Feb. 26 4 17 5 55*$ Jan. 4 Jan. 5 31*$ Jan. 22*$ Jan. 35$ Jan. 4 9 2*$ Mar. 20 18 80}$ Mar. 14 33 t$ Mar. 13 5 219$ Jan. Mar. 31 51 *$ Mar. 10 Mar. 22 80 80 Jan. 85 t Called for 4 3 redemption. » Jan. 1 to March 31 Jan. 1 to March 31 PRICES SALES CURB In Since March STOCKS 575 Acme Wire Co v t c 400 Aero Supply Mfg class 100 , 1,150 26 % 22 * * preferred 50 * * * 700 Alles & Fisher Inc common 1,650 Alliance Investment common * Sale 27% Sale 22 16% 3% Sale 32% Sale 6% Sale 7% Sale Sale Sale 27 Sale 24 20 23 Sale 6 32% Sale 11 Sale 2% Sale 4% 28% 7% 8% 2 Sale 30% 7% 23 61% % 63% 16% % 66% Sale 93 20 Lowest Ask Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale %. 68% ii* 65* Mar. 27 Mar. 31 2% 1 % 1% Sale 9 Sale 9 250 $3 250 200 preferred 450 11,850 1,700 300 18,400 1,300 270 3,400 com—10 25 650 Aluminum Industries 100 65 94% Mar. 11 86% Alar. 3 2 Alar. 17 71 1% Alar. 1 1 Alar. 1 9 18 65 Sale 81 Mar. 31 Sale 75% Mar. 31 Mar. 17 2 1 16% Mar. % Alar. Sale 2% 1% Mar. 2 6 1% Mar. 22 100 10 100 10c S3 preferred $5.50 prior preferred * * 50 400 10c 1,600 1,200 13.900 19 ° 116% Sale 110% 14% Sale 15 114 Sale 139% Sale 122 108 Sale 20% Sale 1% 1% 58 61 Sale 9 com 400 Amer Capital Corp cl A Common class B 400 400 7 17 15% 61% Jan. Mar. 31 16 Mar. 9 1 52,100 American Centrifugal Corp__l Corp— 25 Class A with warrants 25 2% % 22 4 % 25 74 67% 1% Sale 17% Mar. Mar. 14 Mar. 120 Alar. 10 112 100% 111% 113 16 15% 18 100% 18 Sale Mar. 115% Alar. 27 27 Sale Sale Sale 3 Mar. 4 Mar. 31 3 Sale 104 Mar. 128 Mar. 11 104 Mar. 110% Mar. 16 25% Mar. 2 108 109% 110% 108% 18% 24% Sale 2 1% 1% 58 48 56% 9 8 6% 3% 2% 2% % %6 Sale 23 21% 18% 77 69% 69% 1% Sale 1% Sale 33 Sale Sale 33 Sale 108% 18% Mar. 1% Mar. Sale Sale Sale 48 6% 2% % 18% Mar. 75 Mar. 1 Mar. 4 h Sale 77 Sale 3 Mar. 10 57 Mar. Sale Alar. 2 8% Alar. 2% Mar. 17 % Alar. 27 Mar. Mar. 23 Mar. Mar. 10 Alar. 7 1% Alar. 1 75 60 36,500 1,000 800 69,100 1,400 4,600 1,000 250 1,050 <l 6,675 7,900 11,475 12,300 700 725 . _ 2,100 * * * 10c 10,700 American General Corp $2 preferred. 2,450 $2.50 preferred..: 375 1 1,550 Amer Hard Rubber Co com.50 525 Amer Invest of 111 "550 400 13,600 40 1,400 12,000 500 2.200 30,700 19,400 3,200 - Sale 4% Sale 24% Sale 26% 28% 10 Sale 1 Sale 1% 9% 10% 39 Sale 115 Sale .4% 27% Sale 31 Sale 9% 27% 10 21% % 9 32% 113% 3% % 9% Sale Sale 4% 25 Sale 27% 6% 17 Sale 30% 29 13 14 10 50 85 Sale 55 65 57% % 21 Sale American Thread preferred 5 4,400 Anchor Post Fence common. .* _ 1 4,300 Angostura Wupperman Elec __ * American deposit rects £1 1,700 7,400 Assoc Gas & Elec common— 1 1 A Class 31,300 21,800 61 Sale 5 5% Sale 67 70 19 Sale Sale 3% 1% Sale 2% Sale 12% Sale 17 Sale Sale Sale 27 % 61% 8% 5% % 75 1 Sale 60 Sale 7 Sale 5% % Sale 79 24% 3% 1% 3% 13 Sale 3% 1% 3% 14 $5 preferred Warrants — * ... * 800 Assoc Laundries of Amer Vot trust ctfs common—..* * Coast preferred 100 Atlanta Gas Light 6% pref.100 Atlantic Coast Fisheries * Atlantic Coast Line Co 50 Atlantic Rayon Corp..... 1 109 Sale 110% % Sale 2% Sale 2% Sale 5% 6 2% 2% 6% Sale Sale 2 % Sale Sale 6% Sale 4% Sale 7% 5% Sale Sale 8% % 1% 8% %, % 9% % % 6% 10 % 23 Jan. 12 Jan. 4 8 Mar. Mar. 17 Alar. 31 Jan. 4 Mar. 16 Mar. 2 Jan. 17 Jan. 6 5 Jan. 6% 2% % 18% Alar. 31 67 Feb. 4 1 Jan. 12 23 Feb. 75 Mar. Alar. 17 Jan. 2% Jan. 9 6 7 18 11 35 Alar. 13 11 34 Mar. 10 31 Mar. 26 21% % 9% 32% 113% Mar. Mar. 6 Alar. 10 Alar. 10 26 Mar. 4 2% Mar. Mar. 1% Mar. 11 Mar. 10% Alar. 16 Mar. 40% 115% 4% 28% 31% Alar.1C Mar. 28% Mar. 6% Mar. Alar. 1 Mar. 4 19 Mar. 10 26 21% Mar „% Jan. 31 4 31 28% Jan. 1% Feb. 9% Mar 31% Jan. 112% Feb. 27 11 Feb. 3 Mar 30 4 7 40% Alar. 10 5 Jan. 3 7 116 24 Jan. 9 Mar. 3 27 Jan. 12 Mar. 6 6% Mar 31 31% Alar. 15 10 2% Jan. 30 Alar. 10 31% Alar. 15 16% Alar. 31 14% Alar. 31 4% 28% 31% 10% Jan. 19 Mar. 10 Mar. Jan. 3 18 Mar. 29 Alar.31 27 Sale 72 Sale 75 Alar.17 Sale 15% 3% 1% 2% 11 . 3% 1% 7 Mar. 31 7 Alar. 31 Alar.27 Mar. 22 Alar.31 Mar. 31 1 Alar. Sale 6% Sale 2% 2 2% Mar. 31 6% Alar. 31 90 Sale Sale Alar. 31 Alar. 2 6% Mar. 22 4% Alar. 31 Jan. 66 Jan. Jan. 3 21' Alar. 25 29 14% Alar. 17 64% Alar. 15 8% Alar. 4 6% Alar. 27 Alar. Alar. Alar. Alar. 1% Alar. 3% Alar. 13% Mar. % 77% 25% 3% 112 6 Sale 31 5 15 Jan. Mar 31 55 Feb. 7 Alar. 31' 17% Alar. 11 31 28% Mar. 5% Alar.18 % Alar. 23 11 Mar 26 14% Mar Alar.31 60% Alar. 6% Jan. 10 17 16% Jan. 1% Alar. 21 27 31% Mar. 15 18 Mar. 2 18 .Jan. 9 29 Jan. 17 26% Jan. 2 Alar. 18 % Sale 6% 4% Jan. 1% Alar Mar 23 110% Mar. % 2 7% Jan. 18% Mar. 17 Mar. 31 131 Jan. 3 115% Jan. 25 15% 4 Alar.11 Mar. 31 141 Jan. 3 110% Jan. 24 25% 3% Alar. 31 60% Alar. 31 9% Mar. 31 2% Mar. 17 % Jan. 7 24 1 Jan. Sale 11 9 Alar. 9 Jan. % Alar. 31 67 15% 3% 1% 2% 3 Mar. 1% Jan. % Jan. 26 65 Sale 66 Mar. 11 Mar. 17 2 27 10 Sale % 24 Alar.10 4 6 10 14 4 11 13 Power— $7 preferred * 1,210 14,200 tArcturus Radio Tube 15,200 Arkansas Nat Gas common. .* Class A * 65,800 Preferred 10 16,100 140 Arkansas P & L $7 preferred.* 5 2.700 Art Metal Works common. 27,900 Ashland Oil & Refining Co..l Assoc Breweries of Canada * Associated Elec Industries- 83,600 9 29% % Sale 12 Feb. Mar. 13 Sale 28* 56* 17% Jan. 66 26% 16 18% Jan. 34 25 Sale 27 Amer Potash & Chem Corp. 31,100 Amer Republics Corp coin..10 2 12,300 Amer Seal-Kap Corp com * 100,600 American Superpower 1st preferred $6 series * 3,400 Preferred $6 series * 41,600 Assoc 116 25% Sale ~1,150 _ 28% Sale 1% Sale 10% Sale 32% Sale 9 18 35 22 17 * 5,000 Apex Elec Mfg Co common 19,900 5,600 Sale 15 1 1,200 5,900 2 26 58,400 American Maracaibo 4,900 American Meter Co Appalachian 1% .100 Preferred 5,700 290 Sale 1% 3 3 29% Mar. 27% Mar. 1% Mar. Sale 25 .25 100 2,200 1,600 2,000 2,200 2 29% 27% 1% 16% Sale 14%. Sale 27% 26% 20 Amer Pneumatic Service 11,700 4,000 22,900 29% * com 3,800 Amer Lauud Mach com 40,900 Amer Light & Traccom 6% preferred 1,300 Amer Mfg Co common 1,525 10 40.000 1 B 2,700 Amer & Foreign Power warr 3,000 Amer Fork & Hoe Co com 192,600 American Gas & Elec com $6 preferred 4,625 J _ Class 230 Amer Cyanainid com class A_10 Common class B non-vot_ 10 81,700 50 2,000 Conv class A 18 48 5 Jan. % 66% 94% 86% 11 Mar. 104 Jan. 2% Jan. Jan. 14% 15% Alar. 17 15% Mar. Amer Cities Power & Lt 2,600 2,000 4,100 i!H Jan. 7% 17% 100% 110% 5% 16 3 Jan. 6 62% Jan. 1 % Jan. 4 * 6% preferred 1,700 45,300 American Airlines Inc 14,000 Amer Beverage Corp 1,100 9 19% Sale com— 25,150 Aluminium Ltd 360 American Book Co 5,800 Amer Box Board Co 7% 18 % 34% Mar. 25 6% Mar. 31 7% Mar. 31 1% Mar. 31 16 Feb. 8 % Alar. 31 % Jan. 128 26,500 Aluminum Co common 6% preferred 7,200 3,600 Aluminum Goods Mfg 350 12,350 700 conv 100 Allied Products Corp Class A__ 27 Jan. 25 Sale 81 1 Alar. 4 Mar. 25 Mar. 11 Alar. 8 2 Mar. 31 2 1% 31% Mar. 16 20% Mar. 21 6% 7% Mar. 31 1% Mar. 31 16% Mar. 1 % Mar. 31 75% 1 % 1% 5% 34% 8% 8% Mar. 20 30 Jan. 27 18% Feb. 10 3% Mar. 31 24 31% Mar. 16 20 Mar. 25 1 19% Mar. 13 3% Mar. 31 500 Allied International Investing * > 1 Sale Prices Mar. 31 1 Aks Bid Bid 28 30 % 8 Warrants 325 Ala Gt Sou RR ordinary 3,855 Ala Power Co $7 preferred $6 preferred 2,630 ^ _ Convertible 400 1,800 25 Par 20 A Ask Bid Class B * 28,700 1 3,600 Agfa Ansco Corp com 13,100 Ainsworth Mfg Corp com—5 1 6,600 Air Associates Inc common * 9,500 Air Investors Inc common 200 1,045 1,060 Mar. 1939 1,000 4 EXCHANGE Shares 225 SINCE JAN. Jan. 3 Jan. 1 200 RANGE MARCH IK Price NEW YORK 5,700 1,300 2.400 month,, sales in the range for the year. AGGREGATE 8.300 2,050 $30,247,000 80,390,000 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 Shares 1938 1939 $46,565,000 134,107,000 March 4,629,762 11,523,051 4,328,345 11,660,205 Shares_ Bond Sales 1938 1939 Stock Sales March ©omputing ON NEW YORK CURB EXCHANGE PRICES OF RANGE Alar. 21 %6 Alar. 2% Alar. 2% Alar. 8 7 4% Jan. % Jan. 67 Jan. 25 13 12 1% Mar. 29 9 77% Alar. 1 7 Alar. 7 Alar. 3 5% Alar. 1 3 6 Jan. 20 Mar. 6 8 3 8 Alar. 21 % Feb. 17 Jan. 5 3% Jan. 16 7% Feb. 11 92 Mar. 3 7% Mar. 1 5% Feb. 17 6% Jan. 4% Jan. 86 6 16 3 2% Alar. 5% Jan. 7% Alar. 6 3% Jan. 1% Jan. 3% Feb. 112 Alar. 92 3 Feb. 14 2 Jan. Feb. Alar. 31 108% Jan. % Jan. 4 6% Alar. 27 27 2 5 2 64% Mar. 15 15% Alar. 31 3% Jan. 7 1% Jan. 16 2% Mar. 31 11 Jan. ^7 Feb. rH 9% Sale Sale Sale 9% 8 9% Alar. 23 10 Jan. 27 % Jan. % Sale 7 132 Sale Sale Sale % % 6% Sale Sale Sale ie< %6 Mar. % Alar. 6%; Mar. Sale 2 1 2 % Mar. Arar. 1 % Alar, lu 11 J32 Mar. >64 Alar. 22 8 9 1 14 13 14 25 19 96% Jan. 2% Jan. 23 23 % Jan. % Jan. 5% Jan. t«4 Jan. 10 Alar. *6 % Jan. 1% Jan. 11 t3 3 Alar. 10 Jan. 3 % Jan.' 3 Tel & Tel clas^ A Atlanta Birmingham & RR 40 7.100 12,000 630 110 800 8,300 4,000 15,100 4,300 Co 2,900 19,000 Atlas Corp warrants 15,900 Atlas Plywood Corp.. 59,400 Austin Silver Mines 13,400 Automatic Products Corp Far footnotes see page 53. — 63- 70 3 3% 70 3%, Sale 63 2% 20 4% 4% % Sale * ....1 —5 63 24 Sale % Sale 2% Sale 4 4% % Sale 21% 22% % Sale 2% 2 Vo 70 Sale Sale Sale Sale 13% Sale % % 2% Sale 3% % 2% Mar. 18 20 Mar. 31 3% Mar. 31 % Alar. 31 13 Mai*. 31 % Mar. 22 2% Mar. 21 3% Mar. 26% Mar. 9 9 Mar. 14 4 % Mar. 22% Mar. ft/. !\/Ter» 1 8 A Feb. 3 6 4 3% Jan. 31% Jan. 4% Jan. 10 % Jan. 3 13 Mar. 31 %, Mar. 22 1% Jan. 28 Jan. 18 25% Jan. % Jan. 2% Feb. 12 9 20 Mar. 31 3% Feb. 98 1 4 27 NEW 42 YORK EXCHANGE CURB AGGREGATE SALES In PRICES IN MARCH NEW YORK CURB EXCHANGE Since March Jan. 1 Shares Shares 900 1,700 200 38,600 370 Par Bid (Continued) 4054 Sale 7K 7% 3 % Sale 14% 17% 12% 16 IK 1% 2% Sale 35% Sale * 28 X Sale 27 K Sale 18% 22 Sale 20 Sale 19% 5% * 4,800 32,500 8,650 7% preferred 30 Purch warr for common. 89,500 1 6,100 Baldwin Rubber Co com 4,000 Bardstown Distillery Inc 1 42,200 Barium Stainless Steel 1 2,350 Barlow & Seelig Mfg class A. -5 6,800 Basic Dolomite Inc common.. 1 30,700 Bath Iron Works Corp 1 Baldwin 17,900 1,050 4,400 11,600 (L) & Co com 7% 1st preferred 7 % 1st prof vot tr ctfs * 100 100 1,300 Beaunit Mills Inc common.-10 200 150 30 800 800 200 .50 13 K„ 19 1% IK 3% Sale conv 20 preferred 145,600 Beech Aircraft Corp com. 61,600 Bell Aircraft Corp common94,800 Rights 64,400 Bellanca Aircraft common 1 8% Sale 7% 7% % 1 IK Sale "6% ~~6% 8K Sale 2 1 510 Bell Telep Co of Canada 100 450 Bell Telep of Pa 6% % pref_100 2,100 Benson & Hedges common * 300 1,100 Sale* !76* 4 12 1 Sale 1,125 4,100 9,400 4,500 Bickford's Inc 7% 7 K K Sale 7K Sale 1 Sale 4 5K 13 6K Sale 22% Mar. 8% Mar. 7% Mar. 4K 5K 14 10 K Sale 29 Sale Sale rl% 9% Sale Sale 10 6% Sale Sale Sale 3,100 900 260 l20"" 122" 121% UK 17 K >4 % Sale UK Sale 16 K 19 Sale 1,100 Bliss & Laughlin Inc com 5 ~ rymser rym: Co 25 * 2,200 Bourjois Inc. 400 24,800 23,500 21,400 18,400 4,500 14,800 Common * 7% 1st preferred 2d preferred 100 * 34.400 Brazilian Tr Lt & Pr ord 62,600 Breeze Corp 103,900 Brewster Aeronautical * 1 13 9 7% Sale 31 31 20 18 28 9% Mar. 2 5% Mar. 31 4% Mar. 31 4 45 1 18% Mar. 31 29% Jan. 5 3 3 6 19 22% Mar. 3 Mar. 8 27% Mar. 1% Mar. 10% Mar. 6% Mar. 7% Mar. Sale 10 3K 4 21K Sale Sale Sale 121 31 7 12 \K 119 21 24 K % % 'At Sale 15 K Sale Mar. 31 42 40 Mar. 10 40 7% Mar. 6% % % 7% 5% 4% 1 4 2 9 12 7 Mar. 169 Mar. 121 Mar. 123 24 36 Mar. 35 Mar. 21 Mar. Mar. Mar. 13 Mar. 10 Sale Sale Sale 15 12,900 50 70 200 ridgeport Machine 14 UK IK 39 K 7K Sale Sale Sale 3 22 4 Sale 10 % 3K 1,600 1,000 5% 9 8 9K 10% Sale 31K 7K 71K % 4 K IK 28M 35K Sale * _ no 90 Sale Sale 12% 100 * * ------ 1,200 Sale Sale 20 3 K 8% * * com Preferred right Star Electric class B 4,100 Brill Corp class A Class B 3,300 2,350 7% preferred. 2,300 •illo Mfg Co common "l"406 1% Jan. 4 Jan. Jan. 14 20 10 11 4K 100 * Class A K Sale Sale Sale Sale Sale Sale Sale Sale 33 30 2?* J* 39 38 5 Sale 2%. 3% 20 11% 17% 10% 5 2% 20% 10% 3% Mar. Mar. Mar. Mar. 30 17 22 31 4 Sale 1% Sale 1 % Mar. 31 Sale 15 Mar. 31 15 123 Mar. 10 35 80% 8 1% Mar. 39% Mar. 2 7% Mar. 10 3 Mar. 9 22 Mar. 1 Mar. 23 11 Mar. 21 34 Mar. 39 8 Feb. 24 Jan. 26 1 % Jan. 36 Jan. 17 13 9 2% Jan. 3 20% Mar, 17 24 14 1 % Mar. 31 15 Mar. 31 10 Mar. 31 6 Mar. 15 77 6/ 3$ 3% 1% 2% 1% Mar. 2% Mar. 31 1% Mar. 2 24 Mar. 31 3% Mar. 13 1% Mar. 16 31 Mar .13 10 K Sale 10% 11% * 4 18 Mar. 28 Jan. 32 17 Mar. 31 4 Jan. 74 ■ 3 26 2} 1] 26 Jan. 12 Mar. 31 Mar. 2 Mar. 31 24 10% Mar. 18 30 Mar. 4 11% Mar. 3 31 Mar. 3 30 20% Mar. 31 22% Mar. 1 20% Mar. 31 22% Jan. 20 22 Mar. 30 23% Mar. 1 21 27 UK 17 Mar. 30 i Sale Jan. 24 % Jan. 8 32 Z/i 4% Mar. 20 3 7 1 Mar. 15 4 11 5% 12% 11% 12% 3% Jan. 7% Jan. Ys Saie Sale 24 30 32 5% Mar. 13 12%. Mar. 10 10% Mar. 3 10% Mar. 4 4 .Tan. 20 Mar. 2 Jan. 5 Feb. 17 Jan. 6 Jan. 27 1 39 3% Jan. 77 73% 5 4 4 24 2% Mar. 22 3 Jan. 17% Jan. 20% Jan. Mar. 31 5 4%, Mar. 20 33 Sale Mar. 31 3 Mar. 3 17 Jan. 24 5 Jan. Jan. 9 Mar. 30 4 Jan. Feb. Mar. 13 8 6 Mar. 28 70 Mar. 11 42% Mar. 11 Jan. 15% Mar. 19% Mar. 8 Feb. Jan. 5% Mar. 7 Feb. 28 3 Jan. Jan. Mar. 9 Sale 8% Sale Jan. _ 23 23 13 16 27 Feb. 3 3% Mar. 31 8% Mar. 18 7 Mar. Mar. Sale 9% Sale 3 K 13 Jan. 11% 36% 2% 10% Jan. 6% Mar. Mar. 31 Feb. 120 39 1% Mar. 22 37% Mar. 20 Jan. 50 40 5 Mar. 10 Mar. 11 Mar. Mar. 20 1% 23 4% Jan. 26 Feb. 10 11 Mar. 21 Mar. 31 3 Jan. 18 Jan. 16 Mar. 1.0 17 9 3ft Sale 6 76 75 Jan. Mar. 31 175 Mar. 5% Mar. '1% 30 Mar. 31 4 Jan. Mar. Sale 25 Jan. Jan. 164 15* Sale 5% Mar. 28 Jan. 9 7% Feb. 4 1% Jan. 31 1% Jan. 6 10% Mar. 6% Mar. 8% Jan. 2 Jan. Mar. 10 42% Mar. 11 'At Mar. % Mar. 2 % Mar. 25 Mar. 18 39 Mar. 16 Mar. 15 Mar. 2 Mar. JVlar. 1 Jan. 36 4% Mar. 17 10% 30% rl% 9% 175 17 "IK "7" 2K 22 h 1% 'Sale Jan. 28 5% Mar. 31 Mar. 11 1 36 rl 21 Sale IK IK 37K 39K 7K 8K 2 K Sale 22 23 K 1 100 Bridgeport Gas Light Co_ "6,506 8 15 Bowman Biltmore Hotels 4,100 1,300 3,500 Feb. 8 1 2 * common 16,600 5,300 optional conv preferred.* 5,400 Blumenthal (S) & Co com.-..* 2,100 Bohack (H C) Co common * 530 7% 1st preferred 100 650 Feb. 8% Jan. 13 4% Jan. 10 8 16% Feb. 1% Jan. 14 2% Mar. 31 35% Mar. 31 1% Mar. 3% Mar. 34 It 7K 250 Mar. Mar. Mar. Mar. Mar. 4% Mar. 17 11% Mar. 25 5 4% 170 12 % common 49,500 100 6,300 2,800 26 15 19% 5% 6% % % Jan. 2 Sale Sale * Blauner's 20", 100 7% Mar. 30 3% Mar. 31 16 Sale Sale Sale 40 36 10 15 7% 36 K 225 $2.50 conv preferred _* 3,700 Birdsboro Steel Fdy & Mach.* 200 8% Mar. 13 4% Mar. 9 41 Sale S% 5% 4K 35 preferred .* 13,200 Berkey & Gay Furniture Co._l 1,100 7% Mar. 30 3% Mar. 31 18% Mar. 31 5#. Sale 6 Sale Purchase warrants 3,150 5,200 Highest Sale Prices Sale Convertible 475 Lowest Sale Prices 1% Mar. 1 2% Mar. 31 35% Mar. 31 „ Sale 3 Highest Sale Prices Sale 50 — 210 8 Lowest Locomotive— 100 Baumann """"20 58,400 4,100 9,300 17,400 15 Ask 7% 4% 13% 37,600 Babcock & Wilcox Co 600 8% 5% 19% Ask Bid Bid 4,800 Auto Voting Machine com___♦ 3,300 Avery (B P) Sons Co 5 50 6% preferred with warr—25 25 6% preferred ex-warr 25 Purchase warrants 1,100 151,700 Aviation & Transport Corp-.l 10 2,800 Axton Fisher Tob class A 13,000 2,000 Ask Sale Prices Mar. 31 Mar. 1 1939 STOCKS RANGE SINGE JAN. 1 Price Jan. 3 Mar. 27 Jan. Mar. 10 Feb. 23 Jan. 3 Jan. 17 7% Jan. 3 77 Mar. 15 % Jan. 12 4% Jan. 5 1 % Mar. 16 Mar. 13 31 9% Jan. 20 11% Mar. 3 Jan. 12 31 Mar. 3 British-American Oil Co— 800 300 Coupon stock (bearer) Registered 100 * _* _ 21 21 21 21K 22% 22% 21K 21% 23 23K 23% Sale 23% 24% % Sale 23 20% 20% Sale 21% itish Amer Tobacco Ltd— 5,000 1.900 Amer dep rets ord bear__£l Amer dep rets ord reg £1 British Celanese Ltd—• 100 Am dep rets ord reg 10s 100 British Col Pow class A * 2,700 +Browtt Co 6% preferred ..100 50 1,450 1,800 4,700 500 200 1,900 500 1,900 3,300 19,000 3,520 14,600 100 1 com Class A preferred 20", 700 1,700 8,000 1,150 6,400 Wire 500 Sale 6% 5 Sale 2% 5 Mar. Mar. 31 Sale 2% Mar. 17% Mar. 6% Mar. 21% Mar. Mar. 21 7K 2K Sale 6 15K .50 lstpreferred Hill & 7% Mar. 27 ____-* Sullivan 2-50 27 K 20 K 106 K 15 500 1,200 2K 17,100 14% 29% 22 15% 30 22% Sale 13 14 rA 300 500 Sale 5 16 K Sale Sale Sale 2 K 2 10,500 300 Am dep rects 5 K% pref. .£1 3 1% 2% % Kt 700 ll",500 .20 24.700 B non-voting 475 2% 2% 3% Sale 5 Mar. 14 3% Mar. Mar. 11 Sale 11 30% Sale 29% Mar. ._* 22,700 68,200 1,800 ...1 200 3,900 250 ...10 12,300 28,300 810 1,700 460 2,510 1,900 1,120 375 2,200 5,800 675 10 20 Sale 20 Mar. 23 V* Mar. Mar. Mar. Mar. Mar. 106% 14% 2% 2% Mar. Mar. Mar. Mar. 12%. Sale 2 1% 1% 2% Mar. 105% 12% 2% 1% % Sale 3 15 4% 17% 3 % 1K 2 1% Sale" 3 30 y% 19 3% preferred * 24 20 3% 27% 7% 1st partic preferred-.100 1st preferred 88 94** 94 82 Sale 85 86 20 K 6 14 Sale 6K 17% 5% 12% 21 23 K Sale 20 90 K 3K Sale 4K 89 K 15 26 % 3% 30% 1% Sale % 1% % Sale 5% Sale % Sale 4% 27 4 K 24% Sale 89 K 24 28 g 92* 95*' 82 22 12% 5% 10% 18% 4 2% Sale 6% 13 84 Sale Sale Sale Sale Sale % Mar. 3 1% Mar. Sale 17,100 29,700 3,425 7,325 25 950 225 1,200 6,300 10,700 4 3 5 2% Feb. 17 20 Mar. 17 Mar. Mar. 2 15% Jan. 2% Jan 2% Jan. . % Jan. 17 1 3% Feb. 16% Feb. 32% Mar. 2% Mar. 4 Jan. 107 Jan. 1 % Mar. 2 3 Jan. 34% Mar. 23 23% Mar. 9 105% Jan. 11 % Jan. Mar. 17 Mar. 11 Jan. 6 17 27% Jan. Mar. 30 1 6 4 Jan. 26 14 3,700 200 8 Common entral States Elec _50c _1 common - 7% preferred .100 6% preferred 100 Conv preferred -.100 Conv pref opt ser 1929--100 entrifucral PiDe Corn * % Mar. 10 3 26 7 2 Mar. 10 17% Jan. 6 Jan. 10 2% Jan. 17 see page 93 IK IK K Sale 9K 10 K 4 K Sale 4 K Sale 4 K Sale 4 K Sale _ -10 3% Mar. 26% Mar. % Mar. 3% Feb. 27 24% Jan. 4 % Feb. 20 96 Mar. 3 85 Feb. Mar. 10 78 Jan. 3 16 12% 5% 10% 18% 2% Mar. 31 Mar. 20 Mar. 31 Mar. 31 Mar. 31 17% Mar. 1 6% Mar. 30 14% Mar. 3 12% 5% 10% 18% 2% Mar. Feb. Mar. Mar. Mar. 31 23 31 31 31 21% Jan. 4 6% Mar. 30 84 Feb. 9 91 % Mar. 10 4% Feb. 16 22 Mar. 8 4% Mar. 3 Mar. 10 Mar. 9 9% Mar. 3 13% Mar. 2 91% Mar. 22 92 Mar. 23 96 8% Mar. 23 94% Mar. 31 98 1% Sale 4 4% 4 4 8 Sale 1% Sale Kt Sale 9 11 4% 5% 4% 4% 3 Sale 6 4% 5% 4% Mar. 31 56 21 Mar. 31 Mar . 31 1% Mar. 31 %6 Mar. 7 10 3 Mar. 20 Mar. 31 Mar. 9 4 5 5 3 4 3% Mar. 22 3% Mar. 20 3% Sale 4% Jan. 12 28% Mar. 30 'At Jan. 18 87 Sale 11* 12*' 1 Mar. Sale 7 8 Mar.. 14 94% 4 % Mar. 1 94 92 8% 93% 1 % Mar. 8 Jan. 85 6 K 5K Sale 6K 5% 6 Sale 5% 16% Mar. 10 Mar. 13 48 Mar. 11 19 Feb. 13 % Tan. Mar. 11 Mar. 22 Mar. 27 Mar. % Mar. 1% 3 3 5 Mar. 11 Mar. 11 5 Mar. 14 9 4% Mar. 11 4 Mar. 3 6 Mar. 13 1 6 Mar. 1 Mar. 22 15 Mar. 3j 5% Mar. 22 6 14 53. 3% Mar. 17 28% Mar. 30 % Mar. 6 2 22 33 Feb. 1 3 5 91 % Mar. 22 Jan. 3 7% Jan. 26 9) Jan. 85 26 Mar. 31 sAt Jan. 25 1 % 10 3 Jan. 4 Mar. 31 4% Jan. 3 3% Jan. 26 3% Mar. 20 96 Mar. 87 Mar. 10 3 Jan. 4 23% Jan. 4% Jan. 5 3 15 5% 61% 27% 14% 91 % Mar. Mar. Mar. Jan. Mar. 10 13 11 20 22 96 Mar. 9 9% Feb. 98 1 Mar. 27 1 % Jan. 7At Jan. 20 5 14 Mar. 11 5 Mar. 11 5% Feb. 4% Jan. 4% Jan. 9 19 3 Weather Strip Co.. 350 < 8K 91K 500 150 Sale Mar. 31 % Jan. 27 5% Feb. 23 % Feb. 3 14% Sale 13 K 30 I? 1% Mar. 1 6% Mar. 15 1% Mar. 8 95% 9% 95 21 90 30 % Mar 5% Mar % Mar 13% Sale * .100 1% Mar. 87% Mar. 21 4% Sale $7 dividend preferred dotal Far footnotes Mar. 95 4% 56 ' 800 4 91% 5% 61% 27% 14% 91% 3% __* 1,950 6,100 1,275 6,100 12,100 1,250 3,550 Mar. 11 Jan. 5 7% Jan. 23% Jan. 24 4% Sale 10 610 900 800 3K 33 2% 2% Sale 4 K 400 800 2K 2 K 18 K 60 1,700 16 31% 2% 25c com Class B * 800 arnation Co common * 2,100 6,900 arnegie Metals Co common. 1 1,330 Carolina Pow & Light $7 pref.* 110 17 K 4 — Syndicate "" 1,100 3,000 25 3% Mar. 34% Mar. Sale 4% 18% 34 1 1,025 18,000 Carib """266 Jan. 2 28 % Feb. 16 20 — 875 3,600 7,900 4 3K 16% 33 500 — Feb. 21 " """400 Mar. 31 5 2% Mar. 16 Feb. 28 24 % Feb. 16 23% Feb. 10 7% Mar .31 IK K 8% Sale 30 Jan. * Rubber Co common. .1 cer IK Sale 6% 22% 23% 21 _* preferred m % 17 K IK 21 3,000 "7",700 Fence & rown % 18 21 22% Mar. 1 22% Jan. 20 Mar. 5% Mar. 22 5% Jan. 23 14 Mar. 22 7% Jan. 6 15 Mar. Jan. 4 1 24 NEW April, 1939] 43 EXCHANGE YORK CURB aggregate range prices in march since jan. 1 sales curb Since Price new york > Jan. 3 exchange Ask Par Bid stocks (Continued) 25 128 133 1,250 Chesebrough Mfg 9,700 Chicago Flexible Shaft Co—5 4 1,700 Chicago Rivet & Machine X Sale 900 Chief Consol Mining Co 1 58 Sale 3,625 Childs Co preferred 100 Shares . IT 10 * 110,700 Cities Service common Preferred 38,800 Preferred B 1 4,800 * . 754 Sale Sale 4 54 4 * 36 _ 6,450 Cleveland Elec Ilium com 10,300 Cleveland Tractor com 100 700 Clinchfield Coal com 21,300 Club Aluminum Utensil com.* 100 Cockshutt Plow Co Ltd 2,400 Cohn & Rosenberger com 22,900 Colon Development Co Ltd... 1,300 6% convertible preferred £1 15,600 Colorado Fuel & Iron warr 11,900 Colt's Patent Fire Arms Mfg 25 Columbia Gas & Elec Corp—3,800 5% convpreferred — ---100 1 117,000 Columbia Oil & Gas com 100 Columbia Pictures Corp.— Commonwealth & Sou Corp— Warrants 78,100 2,500 Commonwealths Distribut___l 2,800 Community P & L $6 1st pf_. Community Public Service— Common 25 11,275 3,500 Community Water Serv Compo Shoe Machinery— V t c ext to 1946 1 4,200 Conn Gas & Coke Security.25 $3 preferred 4,500 Consolidated Biscuit Co — —— 5,300 Cons Retail Stores Inc com—1 70 8% preferred —100 10 3,800 Consol Royalty Oil 14,100 Consol Steel Corp common—* 1,125 Cont'l G & E 7% pr pref100 200 Continental Oil of Mexico—-1 11,500 Cone Roll & Steel Fdy com—* * 1,400 Cook Paint & Varnish Co $4 6X Sale Sale 4X Sale 43 48X 62 69X 45X 4X 37X 36X 5X 2 5 IX 3 X Sale 3 Sale 4X 7 X 4X Sale Sale Sale X Sale Sale 2 3734 554 Sale 1 34 2 254 Sale 37 X 4X Sale Sale IX 2h 2% Sale 734 Sale 334 Sale 434 434 834 Sale Sale 92 55 X 3X X X Sale 87 "3 Sale X New - — Sale IX X X 1 -50 21,200 Croft (The) Brewing Co 800 Crowley Milner & Co com 3,500 Crown Cent Petrol (Md) 1 * 5 * 3,400 Crown Cork Internat cl A 25c 14,300 Crown Drug common 900 Crystal Oil Ref Corp com—.* 6% preferred 10 400 * 1,500 Cuban Tobacco com vtc. * 5,600 Cuneo Press com — 220 u / 2/ /O V1ci i uu — --5 * -* 35 1 Decca Records common 5X 8X 72 16 1534 5X 7X 634 Sale 59 X 6 7% preferred 10 1,125 Diamond Shoe Corp com— 5 400 Distilled Liquors Corp Distillers Co Ltd— Am dep rets ord reg £1 100 19,900 Divco-Twin Truck Co com—1 1 2,500 Dobeckmun Co common.. * 25 Dominion Bridge Co... 3,800 Dominion Steel & Coal B--.25 * 10 Dominion Textile Co com — * 1.010 Draper Corp 1,000 Driver Harris Co common. 7% preferred. 7",000 Dubilier Cond Corp com 775 Duke Power Co 1,900 Durham Hosiery cl B com 22,900 Duro-Test Corp common ~ 1,900 Duval Texas Sulphur _ .10 .100 1 100 * 1 * 10 43,900 Eagle Picher Lead Co 8 8,900 Eastern Gas & Fuel Assoc 6% preferred... —100 12,875 434% prior preferred 100 7,825 625 Eastern Malleable Iron Co--25 * 2,300 Eastern States Corp com Mar. 7 3834 Mar. 10 654 Mar. 9 334 Mar. 10 434 Mar. 13 754 Mar. 1 Mar. 31 76 Sale 76 Mar. 31 2X Sale Mar. 21 *»2 X % Sale 3034 Sale 7 334 Mar. 11 734 Mar. 10 834 Mar. 11 87 Mar. 4 7234 Mar. 10 Mar. 3 12 Mar. 4 Feb. 4 84 Feb. 6 7 Jan. 4 54 Mar. 31 Jan. 27 2 234 Feb. 434 Feb. Mar. 31 Mar. 31 5534 Jan. 3 254 Mar. 31 11 Jan. 24 1 *H Jan. 54 Jan. 2934 Jan. 12 11 8 2954 Mar. 54 Mar. 6 9 26 16 1 15 14X 15X Mar. 31 15 34 Mar. 7 534 2034 134 334 Mar. 31 X Jan. 21 Mar. 10 Mar. 14 Jan. 6 Jan. 10 3834 Feb. 11 654 Mar. 9 2 Mar. 7 11 3 34 Mar. 734 Mar. 10 834 Mar. 11 6 Jan. 4 434 Mar. 13 9 Jan. 4 5 9434 Jan. 7234 Mar. 10 454 Jan. 21 14 Jan. 23 »»! 1 Jan. 20 Feb. 3 Mar. 20 34 Mar. 3634 Mar. 26 7 16 5 Mar. 17 Sale 'A 6 934 Feb. 81 % Mar. 31 3034 Mar. 31 1 Jan. 8 12 76 1 4 254 Mar. 31 Mar. Mar. Jan. 79 Jan. 11 434 Mar. 31 434 Jan. 11 16 Jan. 19 3434 Jan. 11 4X Mar. 31 134 Jan. 25 254 Jan. 3 734 Mar. 10 734 Jan. 3 Mar. 22 454 Mar. 31 2 Mar. 7 254 Mar. 31 734 Mar. 10 734 Mar. 22 2 30 55 4 5 Sale 554 Mar. 6 Sale 6 Sale 59 X Sale 4X IX Sale 84 IX 534 4X IX Sale 8734' 85S 9X 8X 3X X 934 834 10 9 Sale Sale Sale 1: 3 34 Sale 9134 Sale 34 734 34 Sale 854 Sale 734 5X 4 34 5 434 334 Mar. 31 Mar. 31 86 154 Mar. 24 334 Mar. 31 8734 34 734 854 5334 Sale 6 8 17 34 5X 634 Mar. 11 854 Mar. 10 Mar. 3 _ 834 Sale 25 6 Mar. 31 Mar. 8054 7754 Mar. 31 114 Sale 11234 Mar. 22 116 X 54 Mar. 18 % X Sale % 49 Mar. 31 5834 55 X 56 X 49 Sale Sale 934 734 Mar. 22 5X 74X Mar. 31 Mar. 23 6 Sale Sale Mar. 4 Mar. 23 Mar. 22 Mar.31 Mar. 3 17 434 Mar. 31 Mar. 10 Mar. 1 Mar. 9 434 Mar. 4 91 Mar. 20 134 534 9234 A 934 954 Mar. Mar. Mar. Mar. Mar. Mar. 55 3 1 24 22 24 8 3634 Mar. 2954 Mar. 6 X Jan. 20 2X 2X 70 7634 X IX 6X 1 6X 84 Sale 5 13 12 234 82 Sale 2 75 234 Sale 93 34 454 Sale Sale X 23X Sale 7X Sale X Sale 3 3H 2X Sale 9X Sale 134 Sale 20 7 34 7 34 8^ V. 234 4* 834 Mar. 20 Mar. 8 7 534 Mar. 10 Mar. 16 34 Mar. 31 454 Mar. 31 1 Mar. 11 5 Mar. 2 654 Mar. 3 Mar. 22 9 J4 934 Sale 954 Mar. Sale 134 Sale 1 2 Mar. 30 1 1634 Mar. 23 4 34 4X Sale 334 4934 50 7 Sale 7 3 34 49 2 54 3 34 Sale 49 Mar. 3 Mar. 27 1 4834 Mar. 22 2134 Mar. 734 Mar. 34 Mar. 2 3 3J4 Mar. 86 Mar. 154 Jan. 334 Mar. 31 6 31 92 11 31 84 Jan. 7 34 Mar. 23 154 Mar. 17 Mar. 2 Mar 31 2 Mar, 22 934 Jan. 3 9 1 Mar 30 6 14 Jan. a 9 Mar. 8 334 Mar. 17 5134 Mar. 16 Mar. 21 Jan. 4 7 Mar. 6 Jan. 25 7' Feb. 28 3 Mar __ 3 54 Jan. 5 23 54 Jan. 3 934 Jan. 16 34 Mar. 3 3 Jan. 21 3 Feb. 17 1034 Mar. 8 154 Feb. 1734 Feb. X Jan. 6 1 13 8 27 4654 Jan. 10 9 554 Jan. 2934 Feb. 14 1434 Feb. 25 3 34 Mar. 15 90 Mar. 15 134 Jan. 5 654 Jan. 10 654 Mar. 8 4 20 9 Feb. 3 31 Mar. 22 20 5 54 Jan. 1834 Mar, 31 454 Mar 31 3 A Jan- 4 934 Jan. Jan. 6534 Jan. 10 Jan. 26 Mar. 31 Jan. 9 Mar. 15 2 Feb. 3 74 Feb. 3 34 Mar. 31 454 Feb. 27 6 Jan. Jan. 3 14 6 154 Feb. 1 654 Jan. 4 92 5ij Mar. 24 Mar. 31 6 1534 434 2434 1354 8 Mar. 31 234 Mar. 1034 Mar. Mar. 21 109 109 7 2 634 Feb. 24 834 Jan. 4 8054 Mar. 11234 Mar. 22 11734 Feb. 134 Feb. 54 Jan. 7 60 Jan. 49 Mar. 31 11 1434 Mar. 3 334 Mar. 15 Mar. 31 24 5234 Jan. 90 2 Mar. 31 Jan. 14 Mar. 16 9 2 6 71 6 4 Sale Sale 30 24 Mar. 2 2 11 Jan. Jan. Mar. 1834 Mar. 31 434 Mar. 31 >4, Mar. 31 Jan. 37 834 Jan. 2 234 234 954 Sale 1834 Sale 4 54 Sale A Sale 16 30 7 92 1354 Mar. 15 7 Jan. 5X Jan. 15 634 Mar. 21 Sale 14 Jan. 10 26 734 14X 16 25 7 7X 15 634 654 18 17 Sale 27 Sale Sale Sale Sale 634 1634 2554 534 534 5X 2 234 30 234 834 Sale 654 1354 134 1 X 154 Sale 24 1534 0 IX Sale 734 16 Sale Sale 134 series A series B * * Mar. 31 13 Sale 13 Mar. 31 25 Sale 25 Mar. 27 Sale Sale 534 4 54 2234 154 Mar. 20 Mar. 31 Mar. 6 Mar. 31 1834 16 5 X 454 Sale 24 Sale 654 Mar. 22 654 Mar. 10 1834 Mar. 29 1734 Mar. 11 Sale 6 154 Sale 734 854 15 Sale Sale 154 Sale 13 34 134 154 26 108 Jan. 9 Mar. 434 Jan. 4 5134 Mar. 16 17 10954 Feb. 10 154 6 1654 Mar. 22 3 734 Mar. 4 1354 Mar. 29 134 Mar. 31 154 Mar. 2 134 Mar. 20 Mar. 15 634 Mar. 30 654 Mar. 9 25 Mar. 30 234 Mar. 13 634 Feb. 1234 2454 534 434 2034 154 Jan. Feb. Jan. Feb. Feb. Jan. 1534 134 134 134 Mar. 15 Mar. 1 Mar. 1 Mar. 13 734 Jan. 1354 Jan. 1 >4 Mar. 154 Feb. 1X Mar. 9 Mar. 10 6 Mar. 31 6 1434 Jan. 6 27 25 27 8 6 20 23 24 31 23 20 20 Sale 22 154 20X 3X 8 12 3 154 12X 154 2134 4 54 754 2134 4 9X 254 2254 Sale Sale 2054 354 834 1054 11 834 65" "67 X 7234 "7434 68 1934 17 Sale 1254 134 6554 134 454 Sale 67 154 IX 65 IX 5 654 14 X IX 21 Sale 68 2X Sale 7 6 Sale Sale 12 24X 1134 154 1054 Sale Sale 2034 634 Sale 154 Sale Sale ----- . "I Sale IX 20 1634 17 19 16 17 1654 2154 Sale Sale li 1:5 134 Sale 65 134 1 Mar. 16 20 Mar. 31 2734 Mar. 22 24 Jan. Mar. 22 10 Mar. 22 10 Mar. 22 1654 Mar. 7 154 Mar. 31 25 Mar. 14 14 Jan. 154 Mar. 17 1 20 9 Mar. 10 1534 Mar. 15 154 Jan. 20 234 Jan. 4 234 Jan. 3 3134 Jan. 5 2734 Mar. 22 10 Mar. 22 25 Mar. 14 154 Mar. 17 2134 Feb. 534 Mar. 27 1234 Jan. 4 19 8 Jan. 60 73 34 Mar. 1434 Mar. 28 1734 Mar. 6 1434 Mar. 28 154 Mar. 29 134 Mar. 1 134 Jan. 64 Jan. 1 Mar. 31 Mar. 27 65 134 Mar. 4 834 Mar. 31 1834 Mar. 31 6 Mar. 31 34 Mar. 7 12 54 Mar. 31 1254 Mar. 31 73 Mar! 10 134 Mar. 3 534 Mar. 13 634 Mar. 2 12 Mar. 11 1 154 Mar. 24 72 2 7 1 Mar. 10 Jan. 6 4 Mar. 31 554 Jan. 7 5 Mar. 31 7 4 9 Mar. 31 134 Feb. 20 834 Mar. 31 1834 Mar. 31 6 Mar. 31 1734 Mar. 1734 Mar. X Feb. 2 \2X Mar. 31 1254 Mar. 31 9 9 Jan. 2054 Jan. Mar. 27 154 1134 2334 834 Mar. 8 Mar. 10 Mar. 16 Mar. 14 34 Mar. 7 4 Jan. 30 Jan. 12 21 934 Mar. 31 Jan. Mar. 31 1254 13 9 9 Sale Sale Sale 234 Mar 64 Mar. 31 1254 26 11 60 Mar. 31 6 27 3 Jan. 8 5 1834 Jan. Jan. 654 Feb. 23 1134 Mar. 10 '4 Sale 27 7 26 7334 Mar. Sale Sale Sale Sale Sale 21 Mar. 31 734 Feb. 17 734 Jan. 4 1834 Mar. 29 17 34 Mar. 11 27 Mar. 15 Mar. 31 Sale 134 9 734 Feb. Mar. 22 68 5 9 .3X 30 4 834 534 Mar. 4 934 Mar. 31 20 Mar. 31 2134 Feb. 354 Mar. 31 754 Mar. 1 934 Sale X 1734 Sale 29 Mar. 22 10 27 Mar. 31 26 . 100 53. 1 234 Mar. 234 Mar. 31 454 Mar. 4 86 IX 654 8134 7X 1434 134 Dejay Stores Inc common Dennison Mfg 7 % pref Derby Oil & Ref com A conv preferred page 8 36 2634 X 6 Sale Sale 80 Sale 1 1,600 Detroit Gasket & Mfg Co 6% preferred w w 20 1,300 9,700 Detroit Gray Iron Fdry com.. 1 1 4,400 Detroit Mich Stove Co ..1 1,400 Detroit Paper Products * 3,900 Detroit Steel Products 10 100 De Vilbiss Co common see Mar. Mar. 31 26 24 37 14X 1 100 .* .--* For footnotes Mar. 10 Mar. 27 2 Sale X X 4X $7 preferred 86 preferred 5334 Jan. 3 Mar. 3 634 Mar. 11 534 Mar. 10 2034 Mar. 14 76 654 Mar. 22 Class A 875 Mar. 31 27 130 — — — — — — 4,700 Darby Petrol Corp 2,000 Davenport Hosiery Dayton Rubber Mfg 1,200 434 534 1834 54 Sale 4% Curtis Lighting Inc com. 200 Curtis Mfg Co (Mo).. 14,900 1,350 28,650 5,000 1,060 3,700 3 Mar. 17 Sale 25 Preferred 505 Mar. 6854 Mar. 24 5 £1 for ord stk reg _ _ Cramp (Wm) & Sons Ship & 200 Engine Bldg Corp 100 5 53,600 Creole Petroleum com 17,000 Crocker Wheeler Elec Mfg—* 39 2X 4X Am dep rets 400 4 Sale X 28 X 5 1 6,600 Corroon & Reynolds 86 conv pref A 1,400 21,200 Cosden Petroleum com 5% preferred 2,680 Courtaulds Ltd Mar. 12 Sale % A 4 67 Sale Sale Sale 28 5534 Mar. 27 5 Mar. 25 Mar. 27 51 7534 Mar. '634 Mar. 31 4334 Mar. 22 71 72 63 * preferred 10,200 Cooper Bessemer Corp com $3 prior preferred ---* 2,300 -* 3,100 Copper Range Co 10 1,500 Copperweld Steel com 900 Sale 8 46 19 - 149,000 Consol Copper Mines 5 13,650 Con Gas EL&P Bait com— * 1,180 5% preferred A 100 1 9,000 Consol Gas Util com-5 2,500 Consol Min & Smelt Ltd 70 55 834 Mar. 1 5534 Mar. 27 5 Mar. 25 51 Mar. 27 634 Mar. 31 4334 Mar. 22 334 Feb. 2 39 Feb. 27 o IX 60 34 61 — 31 9 Feb. 28 4 X Jan. 3 58 Jan. 3 12134 Jan. 62 Jan. 634 Feb. 56 Jan. 36 Mar. 78 7 Sale 50 54 Preferred BB 590 Highest Sale Prices 123 634 Sale 45 1,750 Cities Serv Pr & Lt $6 pref...* $7 preferred.-3,050 * 8,200 City Auto Stamping Co -* 300 City & Suburban Homes 10 1 1,250 Clark Controller Co.. 22,700 Claude Neon Lights com__---l 1,100 Clayton & Lambert Mfg Co. Lowest Sale Prices Ask Sale Prices Ask Bid Mar. 21 122 Mar. 28 126 122 12634 115 7854 Mar. 9 66 X Sale 6634 Mar. 31 Sale 754 Mar. 10 6 7 Mar. 23 7X 7 34 A Mar. 23 A A Mar. 23 34 X X 55 Mar. 2 36 Sale 36 Mar. 31 55 57 X Bid Sale 354 4 41 3834 70X 7334 72X 7434 5% Sale 50 34 Highest Sale Prices Lowest Mar. 31 Mar. 1 1939 Jan. 1 Jan. 1454 Jan. 1X Jan. 12 34 Jan. 2534 Jan. 10 Jan. ] 34 Feb. 21 1934 Jan. 19 1934 Jan. 20 44 NEW YORK EXCHANGE CURB AQOREOATE ■ SALES PRICES IN MARCH NEW In YORK March Shares 1939 Mar. 1 STOCKS Ask (Continued) Par Bid 8,600 East Washing Mach class B-_* 3% Sale 1,300 Economy Groc Stores com—* 2 4,900 Edison Bros Stores 16K 17 1 24,200 ELsler Electric com IK __5 914,300 Electric Bond & Share 11K Sale $6 preferred J 66 * Sale 33,500 $5 preferred 60 Sale * 11,700 1 13,600 Electric Power Associates 2K Sale Olass A 2 % Sale 23,100 26 2,150 Electric Power & Lt 2d pf A. * Sale Option warrants 9,600 4K 5 % Electric Shareholdings.a 3,900 200 • 2,700 9,600 267,000 11,300 3,400 9,000 14,900 1,200 2,700 1 Jan. 3 Jan. 1 Shares RANOE SINCE JAN. Price CURB EXCHANGE Since Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Mar. 31 Bid Bid 3 Sale 18 Sale Ask 2% Sale 2K Mar. 17 IK 16 Sale 12 1% Sale Sale 70 Sale Sale 8 Sale 7 Mar. 14 Mar. 31 16 IK Mar. 27 7% Mar. 31 65 Mar. 22 ~4% ~~4K Sale Sale 3% Sale 3 % Sale 18 K Sale 3K Sale 56K 2K 2K 18K 3K Mar. Mar. Mar. Mar. Mar. 8 31 31 3K Mar. 3 io"" Sale" 10 10 Mar. 1 65 K 56 K 61K Sale 3K 2% Sale 3 31 17 3K Mar. 17 • 17 % Mar. 18 K, Mar. 2 8 Jan.,25 il* 9 16 Mar. 1 12K Mar. 3 72 K Mar. 10 64 Mar. 10 3K Mar. 23 3K Mar. 23 26 % Mar. 3 4% Mar. 8 3K Mar. 3 Jan. 17 Mar. 31 1 Jan. 17 7K Mar. 31 60 K Jan, 53 K Jan. 26 2K Jan. 12 27 2K Jan. 10 18K Mar. 31 3K Mar. 31 3K Jan. 17K Mar. 18K Mar. Mar. 2 12K Jan. 6 8 9 1 20 72 K Mar . 10 65 Feb. 6 3K Mar. 23 3K Mar. 23 20 5 29 K Jan. 5 K Jan • Electric Shovel Coal Co— 950 $4 participating pref * 2,700 Electrographic Corp com 1 1 6,600 Electrol Inc vtc 375 Elgin National Watch Co 15 650 Empire Dist Elec 6% pref..100 8,700 Empire G & E 7% pref 100 3,510 8% preferred 100 6% preferred 100 3,725 775 6K% preferred. .100 650 Empire Pow Corp part stk * 4,700 Emseo Derrick & Equip Co 5 100 35,000 Equity Corp common. $3 conv preferred 1 1,150 1 24,000 Esquire-Coronet 150 Eureka Pipe Line 50 European Elec Co of Can— Option warrants.. 4,500 150 1,800 1,600 175 300 6,750 2,650 3,125 725 300 1,100 12,700 1,050 8,600 50 3,000 32,200 2,300 2,000 2,300 1,000 130,900 4,600 5,400 4,500 2,900 "6", 500 Fairchild Aviation Falstaff Brewing 1 14",700 com 710 1 .1 10 * 300 Ford Hotels Co Inc 17,500 Ford Motor of Canada cl A._* Class B _* 1,275 Ford Motor Co Ltd, Amer dep rets 19,800 Ord reg £1 600 Ford of France Am dep rets 1,750 Fox (Peter) Brewing Co. 5 400 750 Franklin Rayon Corp b Froedtert Grain & Malting Common 1 4,500 Partic conv preferred..... 15 4,100 1 25,000 Fruehauf Trailer Co 1,200 Fuller (Geo A) Co torn 1 $3 conv stock * 2,325 $3 conv preferred 800 3,200 2,950 19,600 _ . 550 1,075 475 1,500 10 Gamewell Co $6 conv pref 1,600 Gatineau Power Co com 1,900 170 5% preferred 3,000 General Alloys Co 10 50 •• m. m. _ — - 70 63 56 57 K 69 K 58K 71K 55 69 Sale 69 K 24 "8K Sale" 60K 56 K 55 59 K 20% 22K 7% 8 % Sale 26 K 27% 7 K Sale 68 K Sale Sale 18 17 62 64 61 Sale 61 63 20 K 10 22 K 10 K % Sale 20 . ... 17 19 4K 6K Sale 4K Sale 5% 18 % 9 19 Sale 11% % Sale 61 62K 11% Sale 9% k Jan. 3 53 Jan. 31 52 Feb. 2 2 73 74 Mar. 20 Mar. 20 Feb. 2 71 Mar. 20 Sale 60 Mar. 16 Mar. 21 56 Feb. 11 27 22 Mar. Mar. 10 Mar. 13 Mar. 1 Mar. 13 1 21K Feb. 6K Mar. 31 K Mar. 31 25 Mar. 31 Mar. 1 Mar. 22 5 Mar. 22 17 K Mar. 22 Sale 18K 8 6K Mar. 31 25* Mar. 31 Mar. 31 Mar. 22 17 K Mar. 22 7 10K 7K 20K 6K 5% Mar. 31 18 Sale 24% 8K % 28K 7K 17K Kg Mar. 2 Mar. 31 Mar. 31 Mar. 31 Mar. 8 14K 8K 23K 8K 6K Mar. Mar. Mar. Mar. Mar. Mar. 22 22 Mar. 16 1 15 10 11 11 380 400 2,700 600 10 % 4,900 800 $6 conv pref 22% Sale 23 12,000 General Telephone Corp $3 conv preferred 2,900 20 7% 17 K Sale l*A 11 330 200 600 1,550 70 1,500 290 640 6% preferred A 510 Gen Water Gas & Elec Kg Mar. 1 $3 preferred 1,025 3,725 Georgia Power $6 pref * $5 preferred 16 19 17 2,900 Gilbert (AC) Co 960 Preferred... * * 400 Gilchrist Co 15,500 950 900 IK 37 Sale 13 K Sale 2 17 K 13 K m — 5",200 Kg IK 12 Sale Sale 2 14 7 Sale 17% 17% 15 K Sale 24% Sale 27 K Sale 40 K Sale 13 14M 50 % 700 500 2,200 1,750 3,200 1,000 4,900 600 21,000 200 21,600 370 270 1,700 200 250 25 2,700 400 2,800 2,500 300 300 200 150 1,800 , 400 , ; 250 1.300 2,900 * * 1 19K 13% Sale r 50 65 IK Sale 77' 15 Sale Kg 6,500 Hartford Rayon com vtc 600 Hartman Tobacco com 8,300 Harvard Brewing Co 7,200 550 Hat Corp of Am cl B com Haverty Furniture Cos Conv preferred 1 1 14K a it 1,200 Heller (W E) & Co common".^ 500 7% cum pref w w 25 400 7% pref ex-warrants 25 3,500 Hewitt Rubber Corp com 5 2,200 Heyden Chemical Co 10 400 Hires (Chas E) Co class A * 3,500 Hoe (R) & Co class A.. 10 10,500 Hollinger Coasol GM 5 For footnotes see page 53. a 26 Mar. 22 §0 Mar. 73 61 Mar. 31 72 Mar. 61 Mar. 18 9 Mar. 9 m Mar. 31 68 19K Mar. 31 22K Mar. 10 22K Mar. 7 3% Mar. 22 IK Mar. 22 4K Mar. 9 IK Mar. 22 13 Mar. 3 6K Mar. 29 17 K Mar. 2 14% Mar. 3 19 15 Mar. 13 9K Mar. 11 18% Mar. 28 19K Mar. 11 Jan. Mar. 31 Jan. 24 19K Mar. 31 19 K Mar. 31 3 K Jan. 13 1K Mar. 22 10K Jan. 16 6K Mar. 29 17 Jan. 25 10 Feb. 14 Mar. 11 Feb. 17 9K Jan. 23 73 23 Jan. 23 Jan. 4% Mar. 1 % Jan. 15 Mar. 5 5 9 5 13 9.K Mar. 11 18% Mar. 28 19 % Mar. 11 Mar. 4 26 21K Mar. 2 28K Mar. 29 39 Mar. 7 42 Mar. 30 34 3 42 Mar. 30 Mar. 20 83 16 Mar. 20 Mar. 13 83 Mar. 20 83 Mar. 20 14K Mar. 29 IK Mar. 22 Sale Sale 17% Mar. 31 12% Mar. 31 60 Mar. 27 15 K Jan. 28 17 K Jan. Jan. 26 26 Mar. 27 28K Mar. 29 45 IK Mar. 11 19 6 67 Sale IK 41 % 67 74 Mar. 31 Mar. 31 IK Mar. 29 76 Mar. 14 15K 15 Sale 15 52 49 K Sale 49K Mar. 29 "78K 94 K % Sale 6% 16 16 16 88K Jan. K Mar. 1 6 Mar. 31 99K Mar. 6 2 Mar. 13 3 Jan. 4 8 14K Mar. 50K Mar. Kg Mar. 6 6 13 Jan. 5 70 52 Mar. 2 66 30 70 Jan. 10 Mar. 9 41 K Jan. 31 52 Jan. 9 2K Mar. 3 8 80 Mar. Jan. 28 19 Mar. 8 Jan. 27 42 K Jan. K Jan. 14 K Mar. 50 K Mar. 8 6 1?* Jan. 5 IK Mar. 29 1 67 V*» Jan. 24 K Feb. 2 14 Jan. 28 49 K Feb. 2 100K Mar. 95% Jan. 6 Mar. 6 Mar. 6 Mar. 37 Mar. 31 H Jan. 52K Jan. 5 % Mar. 6 17% Mar. 11 51K Mar. 11 32 5K Jan. IK Mar. 22 Mar. 56 Sale 41% iK 2% 12 K Jan. 52 K Jan. 1 «4 Jan. 8 Kg Mar. Kg Sale 6 5 13 2K Feb. 6 Feb. 24 80 K 2 K Fob. 17 K Mar. 11 52 K Jan. 18 100K Mar. 24 6K Jan. 5 Mar. Jan. 5K 30 | 28% 8% 97 % 2% 18 18 K 6% 10% 126 69 % 37K 7 2% 7 Sale 38% Sale 2% Sale 40 Sale 92% 61 IK % 1K 4K 104 98 20 K 22 K % 2% 2% 101 4% Sale 9% 2K 63 K 1 h K Sale 4K 6 Kg 9 K 2K 18 21K 5% 6 9K Sale 2 102 7 3 Sale Sale Sale Sale Sale 2K 61 60K 65 IK 1% Kg % IK 1% 5% Sale Mar. 13 Mar. 79K Jan. 96 Mar. Mar. 65 78 Mar. 21 4K Mar. 4K Mar. 28K Mar. 35 103 K K IK 5 Jan. 4K Mar. Mar. 7 3 Jan. 5 4 Mar. 29 5 23 Mar. 30 6 Mar. 31 27 9 M ar. 28 4 Mar. Feb. 37 Feb. 27 6 Jan. 6 Jan. 5 3 5 3K Jan. 23 6 Mar. Mar. 30 Mar. 31 Jan. 33 Feb. 7 11 Jan. 19 94 K Feb. 98K Feb. Kg Feb. 2K Jan. 7 8 18 Jan. 9 Kg Mar. 25 16 K Mar. 8 K« Mar. 25 2 K Jan. 17 K Mar ."23 "I7K Mar.' 16K Mar. 23 20% Mar. 6K Mar. 9K Mar. 124% Mar. 78K Mar. 36 % Mar. 5K Mar. 2 101 22K Mar. 7 Mar. 11 Mar. 87 Mar. 37% Mar. 7 Mar. 12% Feb. 129% Fob. 15 21 87 Mar. 14 39 Feb. 6 9 Mar. 23 2K Jan. 21 15K Mar. 31 % Jan. 20 Mar. Mar. Mar. 7 K Jan. 22K Jan. K Feb. 3 6 33 K Mar. 31 2K Mar. 11 Mar. 31 19K Mar. 3 K Mar. 31 39K Mar. 31 107 Mar. 1 102K 5 22 K Mar. 17 7% Jan. 20 19K Jan. 6K Feb. 9K Mar. 124 % Mar. 69 K Jan. 36% Mar. 5K Mar. 128K Mar. Mar. 23 Sale 15K Kg K Sale 33% Sale 105K 40 Jan. 3 2 Mar. 103K Jan. Mar. 95K Jan. 26 107 K Jan. 19 11 102K Mar, 15 5K 2K Sale 10 11K 11 37 96 78 94 K IK 15K 2K Sale ~ " 23 Sale 86 19 K Sale 15 K K K % 33 K 38% Sale 105 % Sale 105K 8 4K 32 6K Sale 4 6% 7% 11 11% 128% 130% 126 79 80% Sale 36 37 K 37 7 Sale 5K . Sale" 19 8 94 % 20 127 30 9K 97% Kg 2% 17% 21 29% 10 98 K Sale 2K 3K 28 K 5K 17 Sale 5% 36K 6% 4% 25K 0% 22 % 102 4K 33% 5K 4K 32 21 8% Sale Sale 87 K Mar. 75% Mar. 87 K 67 Sale K Sale 5K i__* 6% conv preferred 50 Hecla Mining Co __25c Helena Rubenstein Inc.. * 21 77 50 51 6% 2% 8K 1 Feb. Jan. 12 K Mar. 9 Mar. 11 90 IK 16 5K 6 * 12 Mar. 16 27 27 Sale 12% Kg Sale % 77 K * HazeltineCorp.. * Hearn Dept Stores commonI~5 p.laqc 2% 80 99 K 6 * . 800 Haloid Co 5 250 Hamilton Bridge Co com. * 50 Hartford Electric Light.....25 7,100 7,300 1,950 44,800 1,200 400 25c 3,300 Hall (C M) Lamp Co 1,800 2,300 200 Common 1,090 Gulf States Util $6 pref 620 S5.50 preferred Gypsum Lime & Alabastine. 10 19,900 Gray Manufacturing Co.--.10 Gt Atl & Pac Tea 1st pref. .100 Non-voting common stock.* Great Northern Paper Co.-.25 Greenfield Tap & Die com * Grocery Stores Prod—• Grumman Aircraft Engineering 91,800 Corp common. 1 600 Guardian Investors common. 1 58,100 Gulf Oil Corp 25 10 , * com Jan. Jan. 17 % 18K 14 2% 75 5 S3 preferred ; * Gorham Mfg Co—• Vtc agreement extended..* 3,000 1,500 Grand Rapids Varnish Corp..* 7 88 Sale * 14,900 1,225 9,825 3,600 7,500 4,500 47 2,100 Godchaux Sugars class A Class B 2,800 140 $7 preferred 17,700 Goldfield Consol Mines 450 22 9 67 K 5% 900 Gorham Inc class A 100 27 23 8K Mar. 11 12K Mar. 2 50 K Mar. * 1 20 23 K Mar. 10 Mar. 31 Mar. IK 1% Sale K * ..* 8K Jan. 28 6 28 68 Sale 4% Sale 40 13K 18M 36,000 Glen Alden Goal Co * 24 3 Sale * com 4 Feb. 16 83 21 35 K * 80 7 31 9 19% 8 82* 17K 17 14 K Sale 17 K 20 21% 22K 8% 18 .100 com Jan. Jan. Kg Jan. Jan. Sale 19 K 22% 22 4% Sale 1% 1% 12 12% 11% Sale 49 K Gen Tire & Rubber— 16 20 12 Jan. 61 Sale 21% 21% 24 3K 1% 9K 1 * Jan. Jan Jan. Jan. Feb. Mar. 21 Mar. 10 Jan. 9 Jan. 4 Mar. 13 Jan. 3 58 62 * w w_ 9K 7K 19 K 4K 5K 71 24K 10K % 28K 8K Mar. Sale 9 Sale 67 68 12H 1,800 % Jan. 9y4 Jan. Kg Mar. 29 62 62 6,400 "200 Mar. 3 Jan. 7 Jan. 3 Mar. 7 Mar. 10 Feb. 77 K 61 Sale 88 K 100 $6 preferred * Wctrrcinfcs 650 Gen Outdoor Adv 6% pref. .100 740 General Pub Serv $6 pref * 700 General Rayon A stock * 13,600 General Shareholdings 1 20 Mar. 10 Mar. 20 3K 10K 1 % 21K 70K 9 74 66 * * 21 54 K 51 K 7K 10 Kg Sale 10% Sale 24 Mar. 20 18 6% Sale 5 Jan. IK Feb. Mar. 20 Sale 7% Sale 20% Sale 6K Sale 5K 6% Sale 7% 8% 22 K Sale 6% Sale IK Jan. 10 Mar. 13 10 K 14 % 1 7 Mar. 13 * 4,500 Gen Fireproofing com 100 General G & E $6 pref B 4,400 Gen Investment Co com Mar. 31 69 K Mar. 30 54 Mar. 9 IK Mar. 2.1 K Mar. 52 Sale 5K 20 10K Mar. 15 57 6% Sale K Sale 25 IK Mar. 31 K Mar. 100 * General Elec Co of Great Brit American dep receipts 3,500 £1 2,000 1,700 1,200 Sale 67 Sale 100 11,400 20 59 21 66,700 Fislc Rubber Corp common 1 6% preferred 2,025 100 6,050 Florida Power & Lt $7 pref..* 350 Sale 1 com Sale 1% Sale Sale 1 Fanny Farmer Candy Sale 50 Sale 36,800 1,050 1,300 6,400 20 IK 62 10K 7 K Fansteel Metallurgical Corp Fedders Mfg Co common 5 Fed Compress & W'house___25 Ferro Enamel Corp com 200 Fiat Amer dep rets 19,000 Fidelio Brewery 1,540 lire Assoc of Phila "5,600 10% 10K IK Sale 2K Mar. 16 10K Mar. 30 1 K Mar. 20 11 65 65 Mar. 3 % Mar. 20 K Mar. 13 IK Mar. 3 5K Mar. 18 2K Mar. 4 Mar. 1 9 Mar. 27 Mar. 3 2K Jan. 25 8K Jan. 23 1 K Mar. 29 11 Jan 65 63 17 K Mar. 20 % Jan. 24 IK Mar. 2 K Mar. 13 IK Mar. 14 6K Mar. 30 1 Jan. 4 Jan. 13 11 2% Jan. 4 1K K IK 6K Mar. 3 9 Mar. 27 Mar. 3 Jan. Feb. 6 25 Mar. 14 Mar. 30 23 29% 5% Sale Sale 9K 3K 7% 8% Sale 31K 4K 32K Sale 30 33 3K Sale Mar. 15 23 Mar. 15 23 Mar. 15 23 Mar. 15 31 Mar. 22 36 29 Feb. 10 Mar. 31 36 Mar. 14 3K Mar. 31 17 4% 9 Sale 8 3% 7% 7% Sale 8K 9% 41 46 56 7% 9 14 K Sale 9% 40 K 50 6K 14% 3 7 K 7 K 4% 8% 8% 7% Mar. 28 3K Mar. 28 7 K Mar. 28 24 K 38 Mar. 7K Sale 3 K 4 10 43 35 54 44 K 7 7% Sale Name changed to General Shareholdings Corp. Sale Sale Sale x7% Mar. 16 24 K Mar. 31 25 % Mar. 6 Mar. 14 4K Mar. 17K Mar. 1 9 Mar. 11 14 Mar. 28 7% Mar. 28 x7% Mar. 16 25 K Mar. 14 6 3K 16K 7 K 3K 7K 12 9 19 20 Mar. 31 Mar. 30 10 Jan., 41 K Feb. 21 50 Feb. 28 8K Jan. 20 25 K Mar. Mar. 10 6 7 41K Mar. 13 37 55 Sale 45 1 Mar. 22 5K 13% Sale 5 K Mar. 31 13% Mar. 31 7 15 8 Mar. 11 17 7K Mar. 16 24 K Mar. 31 Jan. 24 12 Mar. 31 Mar. 17 Feb. 4 21 Mar. 30 17 Feo. 3 17 Feb. 7 Mar. 17 Jan. Jan. Jan. Jan. 37 50 25 Feb. 7% 9K 26% 26K 40 Sale Jan. 5K Jan. 22K Jan. 9K Jan. Mar. 22 5K Mar. 31 13K Mar. 31 45 b Name changed to Atlantic Rayon Corp. 4 15 5 Mar. 11 NEW April, 1939] AGGREGATE SALES Jan. 3 EXCHANGE CURB 0Continued) Par Bid 12 2,300 Holophane Co Inc common..* 200 Holt 7 % (H) & Co class A STOCKS Ask 12% 8% Ask Bid Bid 10% 7% 12 8% 22o Hordor's Inc 50 Hormel (Geo A) & Co com__ 100 Horn (A C) Co common. 4,22o Horn & Hardart common 40 5% preferred 650 Hubbell (Harvey) Inc 44,900 Humble Oil & Refining 37% * 100 --5 69 jHi * 5 11,200 Hummel-Ross FiDre Corp 3,100 400 2 500 7,000 1.750 Co * % Hurler's of Del common 1 7% preferred stamped—100 7% pref unstamped 100 Hydro-Elec Secur common—* Hygrade Food Prod. 5 Hygrade Sylvania Corp 6% 5% 2 5% conv preferred 50 Div arrear ctfs --— -25 Illuminating Shares Co A * 25,600 2.700 Indiana Pipe Line... 200 Indiaha Serv Corp 6% 1.400 Oil Co— Indian Terr Ilium Non-voting class A 500 Class B stock 800 sH 800 .--* * -1 * Registered ,24 16% Sale 16% 17 15% 15% 29% 31 6% Sale 1 1 A 750 * 1 4% $1.75 preferred.. $3.50 prior preferred — * * 1 * 44,300 Jacobs (F L) Co 5,200 Jeanette Glass Co 1 ___._* & Lt Co— 100 .100 —100 5%% preferred preferred 7% preferred 6% 15,300 Jones & Laughlin com 32o 60 " 7~,805 Sale 23% 6% 23 6 100 16% 16% 16 Sale Sale 16% 32% 6% 33% Sale 7 Kansas G & E 7% Keith (Geo E) Sale Sale Sale 3% Ken Rad Tube & 260 700 Klein (D Emil) Co common. 800 Kleinert (I B) Rubber 11,800 Knott Corp common 100 Kobacker Stores Inc com 900 50 Koppers Co— 6% preferred Kresge Dept Stores— 4% conv 1st _* 10 1 * 10 34 % 8 12 31 Mar 2% 16% 3% 54% Mar. 31 Mar. 31 Mar. 31 Mar. 8 15% Sale 6% Mar. 24 15% Mar. 20 16 Sale 16 15% 29 6% 15% 31% Sale 9% Mar. 31 56% Mar. 31 2 3% Feb. 10% Mar. 31 31 Mar. 31 Jan. 26 Jan. 9 2% 16% 3% 54% Mar. 31 Mar. 31 Mar. 31 Mar. 8 Mar. 10 Mar. 10 Mar. 9 Mar. 8 6% Mar. 24 17 Mar. % Sale % Sale 23% Sale 19% Sale 15 Sale 64% Sale Sale 3% 4 3% 26% 26% Sale Sale 26% 3 3% , Sale 8 10 % 15% 39 Sale 5 % % 18 Sale % 18% Sale Sale 20 20% % 2% %. % 12% 33 14 35 3 Sale 4% Sale 13% Sale 16% Sale % Sale 16 % Sale Sale 4% Sale 1% Sale Sale Sale 25% Sale Mar. 15 % 3% Sale 1% 1% Sale 37 83% 28% 84% Sale Sale Sale 21 Sale 114% 6 9% 5% 7% ..... 5% 9% % A 1 55 51 68 40% 43 2% Sale 3% 3% 1% 1% 12% 13 8% 8% 14% Sale 10 11% 71 54 2 Sale % Mar. 11 6% 65 63 Feb. 8 21% Jan. Mar. 20 3 25 Mar. 14 14% Mar. 31 Mar. 17 Mar. 10 13 Mar. 29 5% % 16% 15% % Mar. 28 Mar. 1 Mar. 22 Mar. 31 Mar. 1 3% Mar. 31 1% Mar. 22 19% 20% A 11% 5% 12 Sale 2 3 Mar. 1 Mar. 16 Mar. 23 Mar. 2 Mar. 8 Mar. 8 Mar. 2 Mar. 9 Mar. 31 24% Mar. 31 25% Jan. 26 2% Mar. 31 % Mar. 7% Jan. nM 2% Jan. 4% Jan. 5% Jan. 4 50% Sale Sale 3 46% 3% 3% Jan. 1% Jan. Mar. 20 87 Mar. 8 Mar. 6 78 21 Mar. 31 99% Mar. 30% Mar. 24 30 67% Jan. 94 Mar. 17 25 % Feb. 25 Mar. 10 A Jan. 31 Feb. 8 Jan. 6 Mar. 23 Feb. 28 Mar. 8 Mar. 8 Jan. 3 A Mar. 9 4% 5% 14% 7% % 19% 21% 4% Jan. 2% Feb. Mar. Mar. 94 5 Mar. 31 22% Mar. 27 21 3 % Jan. 6 15% Mar. 3 38% Mar. 14 87 Jan. 86% Jan. 5 99% Mar. 39 26 Jan. Jan. 3 25 8 6 7 4 30 Mar. 7 112% Mar. 22 116% tfeb. 17 Mar. 8 Jan. Mar. 9 4% Mar. 31 6% 7% Jan. 21 9 105 Feb. 1 107% % Jan. 31 % Mar. 9 Mar. 31 79 58 Mar. 13 Mar. 8 1% 2% 1 % 12% 8% Mar. 22 Mar. 31 Mar. 1 Mar. 30 Mar. 7 Mar. 23 2% 2% 1% 13% 8% 15% Mar. Mar. Mar. Mar. Mar. Mar. 3 5 Sale 5 Mar. 31 Mar. 17 10 56 38 1% 2% 1% 12% 8 Jan. Jan. Mar. Mar. Jan. Mar. 20 10 22 31 16 30 Jan. 19 10 10 Mar. 23 Jan. Mar. Feb. Jan. 16 9 28 13 Mar. 13 Mar. 8 79 58 2% 3% 1% 13% 8% 15% Jan. 5 Feb. 24 Mar. 7 Mar. 6 Mar. 7 Mar. 3 Jan. 11 11 10 3 70 Mar. 7 54 Feb. 16 73 Jan. 45 Mar. 31 45 Mar. 31 45 Mar. 31 45 12 Mar. 1 12 Mar. 1 2 11% Jan. 23 5 Mar. 31 12 6% Mar. Mar. 31 Jan. 18 Jan. 16 51% Mar. 8 48 32% Mar. 31 2% Mar. 31 47 2 Mar. 22 64 32% Mar. 31 2% Jan. 26 57 Jan. 19 67% Mar. Sale Sale Mar. 29 53 71% Mar. 12 34% 2% 7 11 15% Jan. 26 15% Mar. 31 % Feb. 10 Mar. 21 Sale Sale Sale Sale 31 % Jan. 90 45 6% 28 Mar. 29 13 4% Mar. 14 2% Mar. 2 7 4 Mar. 28 23 1% Jan. 12 1% Jan. 20 % Mar. 22 10 Jan. 21 68% Mar. 13 24% Mar. 29 21% Mar. 14 % Jan. 26 4% Jan. 6 5% Mar. 23 4% Jan. 4 27% Jan. 3 27 Jan. 20 3% Jan. 11 9 5 30 Jan. 24 3 34% Feb. 1*» Feb. 23 Jan. 79 65 Sale 12 31 5% Mar. 23 Mar. Mar. % 2* Mar. Mar. 23 % Mar. 2 15% Mar. 3 38% Mar. 14 3% 5% 14% 6% Jan. 8 A Mar. 23 60 43% 24 Mar. 10 11% Sale 17 Jan. Mar. 29 9 Feb. 5 21 Mar. 13 9 Mar. 31 67% 15 8 5 % Mar. 31 3% Mar. 48 74 2% 1% 12% 7% 16 Feb. 16% Mar. 15 16% Feb. 17 Jan. % 8 6 6 8 7% Feb. 17 7 8 17 4% Mar. 31 5% 9 7% Mar. 31 107 Mar. 29 107 % Mar. 22 % % Sale 73 Feb. 6% Feb. 54% Mar. 10% Jan. 8% Mar, 31 12% J an. Mar 28 108 Jan. 103 27 53% Sale 1% Sale 2% Sale 1% 13% 7% 8% 10% Sale 6% 11% 2% 3% Sale 13% 8% 4% Jan. 25 32 Sale Sale % % 18 112% Mar. 22 116 114% 116 4% 7% Jan. 12 10 22% Mar. 27 5% 8% 9 4% Mar. 14 9 2% Jan. 29% Mar. 16 28 Jan. 85 68% 79 93 67% 17 6% Mar, 14 68% 24% 21% A 3% 5% 3% % Mar. 16 13% Mar. 15 36% Mar. 24 4% Mar. 18 Jan. 29% Jan. Mar. 5 % Jan. 1 Mar. 17 16 9 15% Feb. Mar. 22 2% Mar. 31 xS Jan. 12 Mar. 14 16 Mar. 25 24% Mar. 31 % Mar. 18 Jan. 6% Mar, 24 15% Mar, 20 % Mar. 25 11 31 22 21 31 3 31 17 Mar. 31 8 Feb. 12 3 69% Jan. 5% Mar. 13 24 16 Mar. 31 2 A Sale % % % 14% 37% 2% 24% 24% 2% 23 Mar. 22 3 Jan. 16% Mar. 15 15% Mar. 22 30% Mar. 28 6% Mar. 14 2 24% Jan. 30% Mar. 28 6% Mar. 1 Mar. 20 % Mar. % Mar. % Mar. 9% Mar. 64% Mar. 22% Mar. 14% Mar. A Mar. 21 % Mar. 31 5% 8% 4% 1% 23% 4% 24% 6% 54% 4% Mar, 15 1% Mar 23 Jan. 26 4% Mar. 14 2% Mar. 14 29% Mar. 16 31 5 Mar. 17 7 39% Jan. Mar. 18 110% Mar. 17 109 10% Mar. 31 % Mar. 31 8% Mar. 3 31 23 Mar. 22 3 Jan. 12% 5 35% Jan. 18 110% Mar. 17 7 31 *11% Mar. 4 31 64% Mar. 31 5% Mar. 13 25 100 55,700 Lake Shore Mines Ltd .. 17,000 Lakey Foundry & Machine. .1 90 Lane Bryant 7 % pref 100 Mar Mar, Mar Mar % Mar 5% Mar, Sale Sale Sale 12 % 17% 21% preferred—100 120 Lackawanna RR N J Mar 9% 56% 3% 10% Sale 1 1 .A 11 3% 4% 41 1 Mar. 25 10% Mar. 20 8% Sale 8% Mar. 31 Mar. 28 106% Mar. 13 106% 102% 103% 103 5% .100 4.500 Kreuger Brewing Co Mar. 22 2% 16% 3% Sale Sale 66 8 % Sale 69 2,200 Kress (S H) & Co spec pref..10 3 38 25 250 7% preferred series B 100 540 5% preferred series D 100 12,800 Kingston Products — 1 6.500 Kirby Petroleum. 20,400 Ivirkland Lake G M Ltd 1 22 29 3 9% Sale 56% Sale 3% Sale 10% Sale % Sale 5% Sale 4% 8% 3 4% 2 1% 23 % pref..-.100 113% Co 7% pref.100 Mar 37% Mar 3% Sale Sale Prices Mar. 17 18 11% Jan. 24% Jan. Sale % % 1% 1% % 8 % 8% 31% 8 Mar. 17 8 Mar. 17 8 Julian & Kokenge com.. Kennedy's Inc 5 Lamp cl A..* Kimberly-Clark 6% pref...100 1,300 Kingsbury Breweries com 1 Kings County Lighting— 900 3% 105% 27% Sale 26% 27% New warrants 25,300 Irving Air Chute common 900 Italian Superpower cl A 750 4% Sale 29 10 "A Jersey Central Pow 3% 2% 28% % 11% Mar. 10% Mar. 29 Sale 9 5% Mar. 23 3% 1 8,000 Interstate Home Equip com__l 900 Interstate Hosiery Mills * 2,470 Interstate Power $7 pref * 4,600 Investors Royalty Co 1 6,600 Iron FiremanMfgcom vtc..* 510 8% 3% 11,000 International Vitamin 2,325 7* 9% 23% 18% B—* Internat Safety - 300 1 Hughest Sale Prices Jan. 24 10 8 '66% Sale" common...* Razor cl 1,500 Internat Util class A. 7,900 Class B 1,150 Sale 12% 9% 37o 5,600 Internat Products Sale 9 3% Sale 18 % Sale 5% Sale — Industrial Finance v t c 7% preferred 100 13,250 Insur Co of North Amer 10 5,000 Internat Cigar Machinery—_* 19,900 Int Hydro-Elec S3.50 pref...50 1,900 "A" stock pur warrants 22,700 Internat Industries. 1 25 Internat Metal Indus cl A * 43,400 Internat Paper & Pow warr._ 58,400 Internat Petroleum com * 4.100 x62% 4% 10% ---10 pref.100 7% preferred— 100 103% Ind'polis P & L 6%% pf—100 700 10% 7% Ltd— Am dep rets ord reg. £1 21,600 Imperial Oil (Canada). * 2,300 Registered - - - * 2,500 Imperial Tobacco Co of Can..5 3,400 Imp Tob of Gt Brit & lrel..£l 390 Sale Sale 23% 35,900 Imperial Chem Indus SINCE JAN. Lowest Highest Sale Prices 109 4 11,700 Illinois Iowa Power Co 800 Sale A2 500 Hussman-Ligonier 400 Ask 2% 37% 3 * Lowest Sale Prices Mar. 31 Mar. 1 1939 Jan. J Shares RANGE MARCH PRICES IN Price NEW YORK Since 45 CURB EXCHANGE YORK 64 Mar. 3% Mar. 13 Mar. 22 Feb. 23 7 10 51% Mar. 8 50% Jan. 7 3% Mar. 13 65 Feb. 6 Langendorf United BakeriesClass A 14",800 6,900 2,000 1,550 4,200 2,100 ... Class B 400 Lefcourt Realty com 500 Convertible preferred 300 i 30,900 13,500 4,300 6,800 11,400 3,800 Leonard Oil Development—25 G) Inc Line Material Co new... Lion Oil Refining Lipton (Thos J) class A 900 650 6% preferred 800 Lit Brothers com. 600 225 Loblaw Groceterias class A._ 200 Class B 3,800 Locke Steel Chain Co 536,500 Lockheed Aircraft 11 1 * * Lehigh Coal & Nav Le Tourneau (R 14 8 — 1 .5 * 1 1% 10% 3% Sale % Sale 31% Sale 9% 15 % 7% 3% 1% 10 Sale 16 7 % 7% 20% Sale 11% 13% Sale 18 Sale 16 12 Sale 12% 29^ 30% % Sale Sale Sale 13% 2% Mar. 31 % Mar. 6 25% Mar. 31 11% Mar. 31 16 1% 2% 1% 12% 33% 9% 1% 30 13% Sale Sale Sale 30% 25 Sale 1% 2% Mar. 31 3% % 32% 14% 19% Mar. 4 Mar. 23 Mar. 14 Mar. 1 Mar. 11 154,100 13,500 11,800 1,300 1,125 1,100 12,100 20 1,100 150 1,500 23,900 300 400 110 600 33.500 Lone Star Gas See * 30,700 Majestic Radio & Tel Corp.. 1,900 Manati Sugar opt warr 700 Mangel Stores Corp com 1 120 $5 conv preferred * Manischewitz Co common...* footnotes Mapes Cons Mfg Co * Marconi Internat Marine— 400 Communication Am dep rct- see page 53. Mar. 31 13 Mar. 10 11% Mar. 7 23 Mar. 10 22 1% Mar. 22 1% Mar. 11 2 Jan. 5 1% Mar. 22 12% 13 36% Sale Sale 9 1% Sale 25% 27 20% Sale 1% Sale 7% Sale, 11% 25% Sale Sale Sale Sale 8 1 27% 1% Sale Sale Sale 6 8 Mar. 29 23 % % "33% % Mar. 2 13% 33% 9% 1% 35 Mar. Mar. Mar. 30 9 3 9 9 9 22 8 Mar. 31 1 Jan. 13 Mar. 11 26 Jan. 6 Mar. 11 19% Jan. 3 1% Mar. 14 7% Mar. 6 1% Jan. 6 Mar. 31 98 Mar. 2 A A Mar. 17 Mar. 24 Sale" 27% Mar. 31 % Mar. 1 1% Mar. 13 31% Mar. 3 1% Mar. 22 A Mar. 20 1% Mar. 17 2% Mar, 9 % Mar. 3 1% Mar. 17 Jan. 24 Jan. 11% Mar. 31 25% Mar. 31 Mar. 13 27% Sale "31"" "31% Mar. 31 1% Mar. 22 Mar. 31 6 98 32% Mar. 31 27% Mar. 30 29 Sale 23 11% Mar. 31 25% Mar. 31 Jan. 22 1,900 Lucky Tiger Combination...10 500 Ludlow Valve Mfg Co 2,700 Lynch Corp com — 5 300 16 2 Feb. 27 13 J an • 3 Jan. 3 Mar. 14 15 Jan. 20 20% Jan. 3 17 Feb. 17 23 Feb. 17 1% Feb. 6 % 8% 3% % 32% 24 5 25,200 Long Island Light common...* 2,525 7% preferred 100 4.150 6% preferred series B 100 3,200 Loudon Packing Co com 30,200 Louisiana Land & Expl corn190 Louisiana P & L $6 pref.... T,266 Mar. Feb. Jan. Feb. Mar. Mar. Mar. — l"500 15 28 26 9 31 31 % 7% 2% % 25% 11% 11% Mar. 22 25 * Mar. 15 % Mar. 15 9 Sale Sale 14% 2% A 25% 11% 92% Jan. i* 3 24 Jan. 9 Jan. 9 13% Mar. 9 36% Feb. 24 9% Jan. 19 1% Jan. 4 35 Mar. 11 30 Mar. 11 1% Jan. 31 7% Jan. 5 98 Mar. 2 Mar. 17 Feb. 20 27% Mar. 31 Jan. 23 %Feb. 9 1% Mar. 13 Jan. 4 34 30 34% 28% 32 25 Sale 25 Mar. 18 31 Mar. 11 25 Mar. 18 2% Mar. 9 % Mar. 3 1% Feb. 16 31 Mar. 11 19% 21 20% 21 20 Sale 20 Mar. 4 20% Mar. 17 19 Feb". *17 20% Mar. 17 5% 6 6 Mar. 6 6% Mar. 30 2 6% Mar. 30 a X4, 1% Sale 2 Sale 2% l8 5% Sale 2* 6 1% 1% 5% Sale 2 6% Jan. 3 1% Jan. 24 5% Feb. NEW 46 YORK EXCHANGE CURB AGGREGATE SALES PRICES IN MARCH NEW March Jan. 3 1939 Jan. 1 Shares 400 T.800 4,600 4,400 1,850 150 400 "1*566 2,400 9,100 2,950 9,700 1,785 1,650 900 2,200 720 750 450 625 14",200 700 20 800 4,300 12,400 800 200 1,000 Ask Bid Ask Bid Par Bid 16 19 16 X 1654 17 * 3 4 Sale * 456 Sate 254 1 256 2X 5 H 6 54 7 y% 4545H Sale Massey Harris Co common—* 15 Master Electric Co 1 1754 Sale 1656 Sale 1 May Hosiery Mills— $4 preferred * McColl-Frontenac Oil Ltd-100 Sale 2 McCord Radiator & Mfg B__* 154 IX 2 11 15 15 X McWilliams Dredging com—* 17 163 129 136 X 139 Mead Johnson & Co com * 1303 133 3 54 Sale 3X 3X 354 Memphis Nat Gas com 5 94 95 X Sale Memphis P & L $7 pref 16*" '17H Mercantile Stores Co * 1934 215* 17 5,600 Merchants & Mfrs class A— 3,100 5,000 454 925 Participating preferred 29,800 Merritt Chapman & Scott— 1,375 6 34 % A preferred 100 Common stock pur warr'ts.. 1,600 1 31,300 Mesabi Iron 1,000 Metal Textile Corp com 25c Participating preferred 15 Metropolitan Edison Co— 25 $6 preferred * 1,400 Mexico-Ohio Oil Co— 9,200 Michigan Bumper Corp 1 27,300 Michigan Gas & Oil Corp 1 2.50 1,500 Mich Steel Tube Prod 700 Michigan Sugar common * Preferred 10 1,400 60 454 4 554 28 64 Sale Ask 1734 Sale 254 434 Sale Highest Lowest Sale Prices Sale Prices Sale 1654 Mar. 3 8 Mar. 31 17 Mar. 2 4 54 Mar. 16 1634 Mar. 1 15 Mar. 31 Mar. 8 1754 Mar. 9 6 Sale Sale Sale Sale Sale Sale 154 Mar. 31 2 7 15 Sale 3 54 62 Sale Sale Mar. 11 Mar. 31 15X 12554 Mar. 31 149 3 54 Mar. 23 4 94 Mar. 31 9834 17 Mar. 20 1934 4 Mar. 10 26 454 2 Mar. 13 354 Mar. 31 Mar. 31 62 7 Mar. 3 Mar. 31 11 Mar. 10 Mar. 10 125 Mar. Mar. 4 6 454 Mar. 21 28 Mar. 1 554 Mar. 10 75 Mar. 10 1% m 37 30 % Sale 154 Sale 3254 33 54 Mar. 21 154 Mar. 27 33 Mar. 21 % Mar. 134 Mar. 1 3 Mar. 21 33 Sale 7$ 2X X .v IX Sale 8 Sale ~ 8J6 % 2h 354 % a Sale 54 Sale Xt Sale 154 Sale 534 654 A .34 254 3 54 Mar. 31 54 Mar. 20 Mar. 1 1 54 Mar. 1 54 Mar. 2 154 Mar. 11 Mar. 8 1 654 Mar. 30 54s Mar. 6 254 Mar. 4 548 Mar. 16 2J4 Mar. 21 434 Mar. 31 54 Mar. 31 654 Mar. 31 854 Mar. 10 Jan. 5 18 7 Feb. 28 Jan. 5 Jan. 4 54 Feb. 20 254 Jan. 17 Jan. Mar. 31 28 149 354 Jan. 86 30 Feb. 10 1554 Jan. 25 4 Mar. 10 26 Mar. 13 354 Mar. 31 62 Mar. 31 4 9854 Mar. 4 2034 Feb. 20 554 Jan. 28 Mar. 654 Jan. 77 Jan. Mar. 21 54 Jan. % Mar. 134 Mar. 36 Jan. Feb. 95 4 ju Jan. 7 154 Mar. 27 33 4 4 Mar. 10 Feb. 8 Jan. 95 54 56 A* Sale 256 254 3 154 Mar. 31 54 Jan. %s Sale 54 Sale 1 154 3054 38 8 4X Mar. 30 2 454 Mar. 30 Highest Sale Prices 17 Mar. 2 Mar. 31 Feb. 4 3 5354 Feb. Sale 5 "4% Sale' Lowest Sale Prices Mar. 31 Mar. 1 Shares STOCKS (Continued) 400 Margay Oil 4,000 Marion Steam Shovel com 700 Mass Util Associates vtc 1,400 RANGE SINCE JAN. Price YORK CURB EXCHANGE Since In 20 54 Jan. 24 54 Mar. 20 % Feb. 28 65? Mar. 30 A Feb. 254 Jan. 17 7 Feb. 20 54 Feb. 54 Jan. 256 Jan. 16 Jan. 8 4 4 9 34 Jan. 9 256 Feb. 25 Middle States Petroleum— 6,300 9,700 7,500 350 Class A vot trust ctfs * 18,300 Class B vot trust ctfs * 12,500 29,000 Middle West Corp common, >5 Midland Oil Corp— 500 $2 conv pref—__ * ex Sale 834 Sale 454 Sale 54 % 754 756 356 5« X 434 54 654 354 454 1454 n 1554 Sale Sale Sale 354 Mar. 5 9 554 Mar. 8 Mar. 21 1 354 Mar. 8 454 Mar. 31 54 Feb. 23 654 Mar.31 354 Mar. 9 554 Mar. 1 8 Mar. 21 834 Feb. 6 354 Feb. 24 Midland Steel Products— 100 2,525 400 4,800 1,500 $2 non-eum div shares 4,250 Midvale Co 900 Mid-West Abrasive Co 11,300 Midwest Oil Co * 50c 10 200 Midwest Piping & Supply 500 Mining Corp of Can 200 100 6,500 * 13,000 Minnesota Co,* * Min & Mfg Co * P & L 7 % pref, 100 150 2,200 Missouri Pub Serv common. _* 8,700 Mock Judson Yoehringer, -2.50 11,800 33,600 Molybdenum Corp — 1 2,200 Monarch Mach Tool Co com.* 38,400 Monogram Pictures com-- — 1 1,400 Monroe Loan Society cl A 1 500 Montana Dakota Utilities—10 30 800 6,800 1,000 300 Moore Corp 300 1,500 31",200 4,500 62,150 12,200 200 200 100 Ltd * 7% A pref -100 tMoore (Tom) Distillery Co_ Mtge Bank of Col Am Shs._ Mountain City Copper Co._5c Mountain Producers Corp—10 tMountain States Pow corn- 260 Mountain Sts Tel & Tel 3,500 Murray Ohio Mfg Co 4,500 Muskegon Piston Ring 210 1,500 2,500 100 Nachman Springfilled Corp. 9,500 Nat Automative Fibres com-_l 28,000 Nat Bellas Hess National Breweries 700 400 8,500 1,600 400 775 4,900 50 2,500 2,900 7,700 1,900 500 70 2,200 15,400 Nat Rubber Mach — 4,400 Navarro Oil Co 900 Nebel (Oscar) Co com 480 Nebraska Power 7% pref. 7,100 900 2,200 1,200 200 500 1,700 1,250 2,700 190 1,600 100 340 61,300 2,575 "6*366 1,200 4,500 100 10,400 100 5,900 Sale 354 Sale 1254 354 on 1754 154 * Mar, 654 654 2554 2634 154 554 27 8 Jan. Mar. Mar. 12 Mar. Mar. 10 2 1 554 Mar. 1 23 Mar. 1 20 Jan. Mar. 27 2 Jan. 2 654 2754 134 Mar. 28 654 Mar. 7 161 Mar. 14 3054 Mar. 22 2654 Mar. 7 5 Sale 5 Sale 8 Sale Mar. 31 Mar. 31 8 Mar. 21 Mar. 4 Mar. 11 54 Mar. 2 654 Mar. 10 554 Mar. 9 54 Mar. 27 54 Mar. 27 12554 Mar. 31 130 8 Mar. Mar. 10 28 Mar. 20 34 12534 254 254 654 16654 3154 12 7 1 954 854 854 Xt Sale 8h Sale 5H 1154 10 Mar. 11 Mar. 9 54 1454 Mar. 10 69 Mar. 17 Mar. 17 7 Sale 6 1154 Mar. 30 69 I 1054 Mar. 31 6 54 Mar. 7 854 Mar. 8 54 Mar. 14 Mar. 354 Mar. 554 23 156 Mar. Jan. Mar. Jan. Mar. 12354 Jan. 54 556 354 454 X 6 l 9 Jan. Jan. 16 7 Jan. 5 10 18 Mar. 8 Mar. 21 Mar. 4 Mar. 11 Mar. 9 Mar. 27 Mar. 11 Mar. 9 1454 Mar. 10 Mar. 17 Jan. 5 Jan. 130 Feb. 1054 Jan. 69 Mar. Jan. 34 554 634 554 Jan. 2954 Jan. 2554 Feb. 8 Jan. 4 356 254 654 16654 3154 2854 1J4 Mar. 554 Jan. 8 Sale 2 1454 Feb. 28 354 Mar. 31 20 Mar. 21 Mar. 31 Mar. Jan. Sale 20 354 Mar. 31 12 12 4 4 11 14 3 54 Feb. 1156 Jan. 4 2 Jan. 154 Jan. 854 Jan. Jan. Mar. 2 Sale 12 109 Mar. Mar. 54 11 1554 Jan. 154 Jan. 12 5054 Mar. 15 90 Mar. 14 11554 Feb. 1 154 37 87 115 1454 Mar. 4 354 954 1254 1 Mar. 14 90 54 954 93 Mar. 18 11554 Mar. Sale 554 9X Sale Jan. Sale Sale . 12 3 354 Mar, 1254 Mar. Sale 2 9 Mar. 154 Mar. 30 5054 Mar. 15 Mar. Mar, 115 Mar. Mar. 12 54* 25 Mar. 31 56 Feb. 25 954 Feb. 1234 39 634 1254 454 35 33 X 70X 8254 7354 Sale 40 34 Sale Sale 554 3654 Sale 11 41 43 554 1154 354 2954 Sale 7554 84 Sale Sale Sale Sale 58 >4 X 154 X** 55 60 ou 1234 1234 Sale 754 Sale IX 234 1 134 1354 1454 * Sale l8 5634 Sale m % Sale 34 % Sale 45 12 50 Sale 454 6 5 2154 10834 Sale * Sale 25 Sale 1 154 69 Mar. 17 Jan. 25 954 Jan. 54 Jan. 20 8 3 70 30 23 ii* 154 24 X 26 17 3,500 N Y & Hond Rosario M 10 3,900 N Y Merchandise Co com. 10 510 N Y Pr & Lt $6 pref * 730 7% preferred 100 N Y Shipbuilding Co— Founders shares 3,900 1 5 1,200 New York Transit Sale 24 25 2534 754 854 172,600 Niagara Hud Pow com l6 3,825 5% 1st pref 100 50 5% 2d pref... 100 Class A warrants 13,800 Class B warrants 4,100 14,600 Niagara Share Corp class B..5 100 Class A preferred ; 100 * 25,300 Niles-Bement-Pond com, 100 Nineteen Hundred Corp B 1 12,400 Nipissing Mines.. 5 , ... 110 Sale 107 5 8 " Sale ; Sale Sale 22 24 Mar. 28 2* 554 Sale 61 854 154 Sale 854 Sale Mar. Jan. Feb. 13 1 154 ?S 15^ Mar. 56 Mar. Jan. 11156 5054 7856 534 554 54 4234 Jan. 7856 Jan. Mar. 434 54 354 3654 Mar. Jan. Mar. Feb. 12 62 Sale 7 54. 854 154 Sale Jan. Jan. Feb. Jan. Mar. Feb. Jan. Jan. Mar. Feb. Mar. A* 40 Mar. Mar. 11 Jan. 12 15 5654 Jan. 11 7254 Mar. Mar. 2 10454 Jan. 27 111 Jan. Mar 31 8 Mar. 9 1054 Mar 31 14 Mar. 8 50 Mar 31 154 Mar. 8 134 Jan. 6 J an. 754 Mar. 10 14 5 Jan. 70 Mar. 78 Mar. 13 70 Mar 31 lp. 25 Mar. 25 Mar. 28 25 Mar 28 27 Jan. Jan. 154 Mar. 2034 Mar. 2 Mar. 9 2 Jan. 9 Mar Jan. Jan. Jan. 9 25 54 Mar. 27 Mar. 154 1634 2334 £7 56 26 11 26 27 Mar. 19 9 Mar. Sale Sale 854 10 8 25 Mar. 8 Mar. 454 10 9 Sale Mar. 18 1 Mar. 24 654 Mar. 31 82 9 Mar. 14 zl0354Mar. 14 110 Mar. 8 Mar. 456 Mar. 19 654 8234 A 134 4h 5254 754 134 7 Mar. 13 Mar. 2 456 Mar. 1 2254 Mar. 10 954 Mar. 10 9154 Mar. 15 100 Jan. 107 Jan. 954 Jan. Sale Mar. 31 54 Sale Sale Xi 134 454 87 Sale Sale 5254.Mar. 31 754 Mar. 31 134 Mar. 31 Sale Mar. 25 Mar. 31 Mar. 31 Mar. 8 54 154 654 9054 6454 7 54 154 Mar. Mar. Mar. Mar. Mar. Mar. Mar. 1 18 10 10 9 31 2 80 26 4 Jan. 9 18 Jan. 5 654 Jan. 31 82 Mar. 31 Jan. 13 13 34 456 2254 954 9154 Jan. 4 Jan. 1 Feb. 8 Mar. 10 Mar. 15 82 Jan. % Mar. 25 134 Mar. 31 454 Mar. 31 87 Mar. 8 50 Jan. Feb. 3 £10354 Mar 4 110 Jan. 78 54 Sale 154 154 654 654 Mar. 554 Mar. Mar. Sale 19 334 8 854 Feb. Mar. 13 4 20 156* 454 Jan. 754 Jan. 154 Mar. 102 31 554 Jan. Jan. Jan. 6054 Jan. 7 82"" Sale" & Mar. 59 54 Mar. 50 Sale 854 Sale 8734 Sale 10 22 Jan. Mar. 1054 Mar. Sale 107 1254 454 Mar. 11 111 10154 Mar. 4 Mar. Mar. Mar. Mar. 15 Mar. Sale Sale 21 354 554 554 X 354 40 6 40 7254 Mar. Mar. Sale 1354 Sale 7 54 11154 Mar. 9 5054 Mar. 10 1434 Mar. 6H4 Mar. 10254 100 7 Mar. Jan. 654 Feb. 24 1334 Mar. 10 2354 109 Sale Mar. 1 43 8556 Mar. 534 Jan. Jan. 49 11 Mar. 28 Mar. 28 23 25 31 31 31 27 Sale 24 854 Mar. 21 154 Mar. 10 Mar. 31 26 954 Feb. 10 1256 Mar. 13 Sale 75 26 _ 3 4 2 10 254 Mar. lAt Jan. X Mar. 2 554 854 Mar. 434 Mar. 31 34 Mar. 7 354 Mar. 24 Sale 2 4 Mar. 10 Mar. Sale Sale Mar. 13 6054 Mar. 10 15 Jan. Jan. Mar. Mar. 2956 Mar. 70 I** Mar. 13 Jan. Mar. 10 Mar. Sale 6154 6854 Sale 2354 1854 1854 111 11254 105 5 7 754 Sale 13 1054 50 5734 Sale 154 134 10 3334 554 1154 354 Mar. 13 Mar. 25 OX Mar. 1 13 54 Mar. 10 554 Mar. 7 40 Mar. 8 5 54 /A 500 New Process Co common * 600 N Y Auction Co common * 5,900 N Y City Omnibus warrants._ 10 Mar. 254 Mar. % Mar. 54 Mar. 5054 Mar. 1154 Mar. 554 Mar. 4 3-' 34 12 54 42 8556 454 7554 Mar. 40 Sale 20 18 31 31 31 Sale 4 --100 620 N Y Water Serv 6% pref Mar. Mar. Mar. Mar. Mar. 434 Sale 100 common Mar. 31 8 Mar. 834 Sale 754 854 154 Mar. IX Sale 154 Sale 1 Mar. 1 Sale 154 154 13 Sale 13 Mar. 1454 1554 54 Mar. 54 54 54 Sale 112 11034 11134 111 11034 Mar. 43 Mar. 43 48 Sale 4954 ._ com 11 3934 554 1151 354 2954 4 454 Sale A _ 12,750 New Jersey Zinc. 5,600 New Mexico & Ariz Land 11,300 Newmont Mining Corp Mar, 154 Mar. 4434 Mar, 554 554 800 New England Pow Assn com.* 6% preferred -.100 $2 preferred * ""*270 New Engl Tel & Tel Co 100 2,300 New Haven Clock Co com * For footnotes see page 53. 8 12 12 BX Sale 5 5X ' 240 Sale 934 154 4454 Mar. 162Mi 18°% 10,150 6,400 New Idea Inc Sale 2 3954 40 100 103 " Sale Nehi Corp common 45 X * 48 1st preferred * Nelson (Herman) Corp 5 534 Sale Neptune Meter class A * 5X Sale Nestle Le Mur Co class A_ 54 54 50 Nevada Calif Elee 75 7% preferred 25 3,100 3,800 2854 38 54 Sale 254 Sale 254 654 * 7,625 National Steel Car Ltd * 7,800 National Sugar Refg * 325 National Tea Co 534 % pref, 10 5,800 National Transit 12.50 10,700 National Tunnel & Mines * 26,100 National Union Radio com 1 700 50 1,300 2,800 4,300 23 Sale Sale 1 56 5 54 Sale 354 1454 554 Sale 556 Sale 20 2 * 1 com 2,200 National Service Co 1,100 Conv partic preferred 1,600 70 1454 4 National Power & Light— 14,450 $6 preferred * 1,700 National Refining new com.,* "l'iOO 200 14 * 1 50 1 4,700 National Oil Products 10 3,200 11534 354 1,750 $3 conv preferred 8,200 National Container (Del) 29,700 National Fuel Gas * 3,700 Nat Manufacture & Stores—* 2,100 3,600 8 1 1454 10254 154 854 com National Candy Co com 4,200 National City Lines com 1,500 14 1 com ""loo 12,200 Sale 1452 Mar. 9754 Mar. 87 "354 100 * 2.50 * 100 Muskogee Co common 10 6% preferred 10 400 1 161 4,160 Montgomery Ward & Co A2,950 Montreal Lt Ht & Pow com. 1,050 Moody's Investors partic pref 575 4,300 a 1354 1054 9854 Sale _ 990 850 2,100 15,500 IX 154 834 Sale 12 11 134 IX 4834 Sale 2 154 856 Sale 11 1254 2 154 4054 3954 30 Minnesota 530 Miss River Power pref—^.-100 1,000 5,500 9914 Sale Sale 103 l&X 14 26 3 56 Jan. 5 Jan. 4 2 654 9034 6454 756 156 Mar. 10 Mar. 10 Mar. 9 Mar. 31 Mar. 2 NEW April, 1939] AGGREGATE . curb In Since March 500 600 100 100 300 2,100 450 460 1,800 8,400 3,000 1,500 1,245 650 300 410 200 110 12,166 900 200 3,200 (Continued) 9,900 Noma Klec Corp com 29,300 Nor Amer Lt & JPow com__ $6 preferred 4,125 2,600 North Amer Rayon cl AClass B common 2,100 625 6% prior preterred 1,800 Nor Amer Util Sec com * * 55* 1 $* 615* 215* * 21 1 1 * 5 1 1,590 Nor Ind Pub Ser 6% pref—100 1,240 7% preferred 100 3,200 Northern Pipe Line —10 25 37,445 Nor States Power new A * 5,400 Northwest Engineering * 4,400 Novadel Agene Corp 215* 21 8i Ask Bid 45* Sale Sale 1 615* 225* 225* 465* 45* ' Ask Sale 53 Sale Sale % 4 3£ 155* 18 165* Sale 455* 5* 1 35* Sale 44 o J* 86 A o Sale Lowest 5 45* 12 16 Sale 29 30 45* 5 125* Sale 165* 18 31 Sale Sale Sale Sale * 100 6% pref 100 1105* 1115* Ohio Power 6% preferred--100 370 Ohio Pub Serv 7 % 1st pref. 100 110 6% 1st pref 100 95* 10 5 500 Oilstocks Ltd common 12 5* Sale 15 24,700 Oklahoma Nat Gas com. 38 415* $3 preferred _,50 2,850 102 Conv 6% prior pref 350 100 100 15* Sale 1 6,100 Oldetyme Distillers Ohio Edison $6 preferred 5 Prices Mar. 1 1 Mar. 31 Mar. 4 53 Mar. 2 Mar. 31 Jan. 27 165* Mar. 31 Mar. 4 18 Mar. 17 Mar. 17 5* Mar. 15 35* Mar. 20 % Mar. 16 Mar. 15 45 Mar. 20 Mar. 20 86 Mar. 31 Mar. 18 1005* Mar. Mar. 3 55* Mar. 5 28 28 Mar. 31 19 Sale 19 101 Mar. 1025* Sale 100 9 10 Sale 44 10 Sale 39 Sale 95 102 4 Mar. 1 17 165* Mar. 31 Jan. Feb. 7 47 15* Jan. 5* Feb. 17 4 Feb. 35* Mar. 20 5* Feb. 5*g Jan. 9 945* Mar. 815* Jan. 13 88 Jan. 4 1005* Mar. 55* Mar. 45* Feb. 6 125* Feb. 75* Mar. 31 15 Jan. 25 205* Mar. Feb. 31 27 Jan. 26 100 Mar. 43 5* Mar 1035* Mar, 10 1 15* Mar Mar. 15* Sale 15* Mar. 55* 35* 9 35* Mar. 95* Jan. Jan. Feb. 39 100 14 11 9 4 6 16 27 Jan. 4 Mar. 10 Jan. 24 105 Mar. Feb. 9 135* Mar, 10 105* Mar. 395* Mar. IS 5 9 Jan. 16 Mar. 4 Mar. 16 4 95* Jan. 135* Mar. 10 435* Mar. 9 *1115*Feb. 1045* Jan. Mar. 9% 100 1055* 1125* 1145* 1115* Jan. Mar. 105 Mar. 26 Mar. 100 110 1115* Mar. 114 7 16 655* Feb. 16 4 225* Jan. 215* Feb. 28 43. 19 235* Mar. 1055* Mar. 1105* Mar. Mar. 1095* 1105* 110 1125* Mar. 1085* Sale 1085* Mar. 100 9 1 125* Mar. 20H Mar. 16 3 Mar. Sale 15* Sale 945* Mar. 11 75* Mar. 31 101 42 Feb. Jan. 28 Mar. 31 Mar. 31 Mar. 22 Mar. 85* 45* Jan. Mar. 1 1035* Sale 1095* H2 1125* Sale 12 2 45* Mar. 31 17 Sale Highest Sale Prices 53 55* 75* Sale 175* Sale Sale Lowest Sale Prices Highest Sale Prices 94 Ohio Oil Oliver United Filters B 55* 15* 59 45 25 Ohio Brass class B Bid 23 50 800 North Cent Texas Oil 8,000 North European Oil com 3,020 2,950 1,300 1,870 Ask 55* Sale 625* 23 Par Bid Mar. 31 Mar. 1 1939 stocks 1 Jan. 3 exchange Jan. 1 Shares SINCE JAN. Price new york 4,500 7,400 1,325 RANGE PRICES IN MARCH SALES Shares 47 CURB EXCHANGE YORK 1035* Mar. 10 15* Jan. 19 15* Feb. * Omar Inc 500 1,800 100 9,100 900 500 260 200 300 50 90,300 100 100 1,300 80 350 1,500 450 """355 900 Formerly Nat Bak Co 3,400 Overseas Securities Co 200 Pacific Can Co ~""55' 200 350 1,300 250 " 3,555 925 100 3,000 1,800 "1,255 14,700 12,700 2,050 3,200 * * common 27,200 Pacific G & E 6% 1st pref__«25 5 5*% lsti pref erred 25 5,700 * 1,250 Pacific Ltg Corp $6 pref 640 Pacific P & L 7% pref. 100 * 1,600 Pacific Public Service com 1st preferred 800 * 125 Page-Hersey Tubes com 1 Pantepec Oil of Venezuelae Ameri lan shares 199,900 100 Paramount Motors Corp 350 Parker Pen Co 10 3,700 Parkersburg Rig & Reel Co--l 110 Patchogue Plymc ymouth Mills 750 Pender (D) Grocery cl A. * Class B_ 12,800 * 1,400 Peninsula Telep Co com 7% preferred ""455 Penn Mex Fuel common Penn Traffic Co 30,400 7,300 1 .- 86,500 Pennroad Corp com vtc 22,800 Pa Cent Airlines com Pa Edison Co $2.80 pref """155 $5 preferred 2,900 Pa Gas & Elec class A Pa Po w & Lt $6 pret 1,250 $7 preferred. 4,325 575 Pennsylvania Salt Mfg 200 Pennsylvania Sugar Co 8,400 Pa Water & Power 2,000 Pepperell Mfg Co__ 350 Perfect Circle 5,800 850 1,200 9,800 1,300 2,000 1 1 1,600 5,600 225 "Y,555 9,200 25 215* 6% 20 5* 825* 215* Sale 75* 7 97^ * * * 50 20 55* 35* Sale 4 Sale 145* 13 5* 39 85* 35 75* 125* Sale' "3", A* Sale Sale 154 85* _1 * * 25 * 2,100 6,400 4,200 6,000 1,025 12,600 400 800 50 45* Sale 35* 4 135* Sale 9 105* 95* Sale 40 75* 85* 305* Sale 5* _ "985* Sale" Sale 166 \ 745* Sale 255* 27>* 9% Sale 65* 7 25* 25* Sale 2 85* Sale 5 55* 985* Sale 25* 15* Sale 55* Sale 45* Sale Sale Sale 102 159 104 155 825* 675* 255* 1435* 148 Sale Sale 285* 95* Sale 7 75* 305* "25* Sale 55* Sale 795* 825* Sale 61 245* 8 275* Sale 65* 55* 8 20 Jan. 1015* Mar. 9 99 Jan. 65* Mar. 9 45* 35* 13j* 115* Mar. 31 Mar. 13 Mar. 31 15 12 Mar. 23 14 Mar. 16 Mar. 28 20 Mar. 39 Mar. 3 Mar. 11 9 Mar. 27 8 Mar. 22 \l* 30 Mar. 17 305* Mar. 15 Mar. 31 4 8 75* Jan. 3 35* Mar. 13 Jan. Feb. 16 14 Mar 20 Mar. 3 Mar. 16 9 375* Jan. 75* Jan. 395* Feb. 7 12 Feb. 2 29 305* Jan. 14 % Mar. 10 Mar. 11 75* Mar. 10 215* Mar. 11 1015* Mar. 9 Jan. Mar. 13 Mar. 85 6 l!" Mar. 10 30 1085* Jan. 75* Mar. 10 215* Mar. 11 Mar. 20 95* Mar. 3 335* Mar. 13 685* Jan. 45* Mar. 31 35* Mar. 13 135* Mar. 31 15* Mar. 22 55* Mar. 31 Jan. Mar. 31 % Mar. 10 15* Jan. 24 55* Mar. 31 Mar. 20 25* Mar. 95* Mar. 56 Mar. 20 45* Mar. 20 45* Mar. 20 965* Mar. 22 100 Mar. 10 100 Mar. 23 1055* Mar. 13 150 Mar. 16 156 Mar. Sale 55* Sale 245* Sale 25* Sale 35* Sale 185* Sale 13 Sale 3 Sale 25" ^ Sale 6 1 Sale a 50 115* Sale 64 Sale 19 1085* 195* Sale A* A 85* 95* 12 Sale Sale 9 Sale Sale 57 75* 109 5* 52 Sale 65* 75* 995* Sale 1 15* 75* Sale 5* 85* Sale 1 9 Sale 81 Mar. 28 845* Mar. 61 Mar. 31 75 26f* Mar. 30 8 Mar. 31 65* Mar. 22 30 A 7 Mar. 16 25* Mar. 31 35* Mar. 31 185* Mar. 31 13 Mar. 31 25* Feb. 28 95* Jan. 19 Jan. 17 35* Jan. 925* Jan. 14 53 Jan. 98 150 7 Mar. Mar. 31 1 8 7 Mar. 2 305* Mar. 3 5* Mar. 55* Mar. 1 9 9 Jan. Feb. Feb. Mar. 9 65* 1185* 295* 25* 35* 185* 185* Mar. 4 13 9 9 Mar. 9 9 51 7 75* Mar. 7 Mar. 16 1 85* Mar. 10 Mar. Sale 2 V- Sale % 45* Sale 5 Sale 5 15* 25* Mar. 1 15* Mar. 27 2 5* Mar. 23 35* Mar. 31 5* Mar. 16 45* Mar. 1 29 Mar. 185* Feb. 23 Jan. 20 25* Jan. 3 Mar. 14 Jan. Mar. Mar. 4 Jan. 4 Mar. 6p Mar. 1 20 Jan. 7 Feb. 43 8 117 Mar. 16 6 95* Jan. Feb. 8 7 1 Feb. 25* Jan. 15* Mar. Mar. 28 12 Mar. 9 185* Sale 15* 2 185* Mar. 31 23 Mar. 6 185* Mar. 2 Mar. 25 36 Mar. 24 10 __* 7 Jan. Mar. Mar. 5* Feb. 23 35* Mar. 31 10 Mar. 28 5* Sale 35* Sale Feb. Jan. 4 Feb. 4 Feb. 16 Jan. 16 3 5* Mar. 9 65* Jan. 19 35 5* 6 5 26 X1054 75* 1185* 305* 995* Mar. 5* Jan. 75* Mar. 8 25* Jan. Jan. 27 25* Mar. 65* Jan. 415* Mar. Mar. 30 Mar. 10 845* Mar. 7 75 Mar. 11 3 Mar. 117 995* Mar % Mar, 75* Mar. 5 Jan. 61 61 Mar. 55* Jan. 10Q 3 1055* F.eb. 74 95* Mar. 25 Mar. 20 56 4 Mar. 16167 Feb. 17 16 255* Feb. 125* Mar. 51 265* Mar. 30 251 Mar. 1 75* Mar. 14 415* Mar. 18 25* Mar. 65* Mar. 415* Mar. 9 7 Mar. 11 10 3 5*6 J an. 45* Feb. 3 12 Mar. 23 Mar. 6 9 100 21 * 1 * * 25* 35 22 25* 40 22 2 25* 375* 43 40 * * * com $6 preterred * 45* 6 H 65* 2 Mar. 24 36 105* 5* 45* 85* 75* Mar. 1 Mar. 2 Mar. 13 Mar. 8 Mar. 10 Sale** 7 75* 92 98 48 Sale 30 Sale Jzn. 2 5* Jan. Feb. Mar. 40 5* % 4 75* Sale % 5* 35* 35* 75* 8 45* 85* Sale 6 65* 7 98 1005* 100 Sale Sale 75* Mar. 31 5*6 Mar. 17 4 Mar. 22 85* Mar. 6 1 Mar. 31 995* Mar. 9 1005* Mar. 9 75* Mar. 5*6 Jan. 4 5* Mar. 55* Jan. 85* Mar. Mar. 7 6 17 21 23 5* Jan. 11 1 105* Mar. 235* Jan. 105* Sale 25c common Providence Gas Co 25* Mar. 11 36 23 1 Prudential Investors 8 Mar. 15 10 common Producers Corp Prosperity Co B Mar. 85 Mar. 13 Mar. 10 Feb. 45* Mar. 13 2 85* Jan. 108 Mar. 7 23 ' 2 50 600 200 New 3 Jan. 5 35* Mar. 32 Jan. 285* Jan. 1055* Mar. W* 30 215* Mar. 5* Sale 1 175* Sale 1 100 Prentice-Hall Inc com 100 Pressed Metals of Amer 3,000 215* 7 45* Mar. 13 95* Mar. 95* Mar. 325* Mar. 295* Mar. 1055* Mar. 785* Mar. 56 35* 3 69 15,800 Premier Gold Mining "Y.566 7 37 42 38 1 5* 73 25c First preferred100 Pratt & Lambert 6 Mar. 10 7 15 35* 3 16 * 127,000 Pittsburgh Forgings Co 1 2,730 Pitts & Lake Erie RR 50 3,000 Pitts Metallurgical Co 10 20,900 Pittsburgh Plate Glass com.-25 3,100 Pleasant Valley Wine Co 1 3,700 Plough. Inc,— 4,700 Potrero Sugar com 15,000 Powdrell & Alexander com 225 Power Corp of Can com 11 Sale Sale Sale Sale 65* Mar. 23 2 100 Sale 7% 100 Pioneer Gold Mines Ltd 7,400 Polaris Mining Co 7 325* 295* 1055* 785* 21 22 1 Pitts Bessemer & LERR 7 45* * * * 250 Pneumatic Scale Corp Ltd "4",255 Sale 12,700 Pitney Bowes Postage Meter,* 50 5,600 95* 9 325* 70 75* 67 2.50 18,500 Pharis Tire & Rubber Co 3.400 Philadelphia Co com 25 Phila Elec $5 div preferred 1,525 Phila El Pow 8% pref 17,200 Phillips Packing Co "19",§55 75* 4 Sale 107 5* 50c Pines Winterfront Co "5", 155 11 Sale 7} 32! 65* 35* 100 com 63,900 Phoenix Securities common $3 con v preferred A 8,100 8,100 Pierce Governor Co com: 5 5* 55* 35* Sale Jan. 2 5 8 75* Mar. 10 1005* Mar. 9 55* Feb. 945* Jan. Public Service of Clorado 30 1,925 1,450 6% 1st preferred 100 7% 1st preferred. __100 5,905 Public Serv of Ind pr pref * $6 preferred * 4,630 60 575* 315* Sale Sale 104 51 110 Sale 30 Sale 1045* Mar. 20 1045* Mar. 20 1085* Mar. 22 1085* Mar. 29 51 Mar 31 60 Mar. 8 29 Mar. 23 35 Mar. 8 . 1045* Mar. 20 1045* 107 Feb. 20 1085* 445* Jan. 13 60 265* Jan. 12 35 Mar. 20 Mar. 29 Mar. 8 Mar. 8 Public Service of Oklahoma— 150 90 270 100 100 3.450 9,050 15,900 14,450 100 200 150 ""155 470 140 250 925 1,050 150 500 1,800 3,100 300 1,100 800 4,600 500 7,100 1,100 900 6% prior lien pref 100 7% prior lien pref 100 {Public Util Securities— $7 part preferred * Puget Sound P & L $6 pref * $5 preferred * Puget Sound Pulp & Timb * Pyle-National Co com 5 Pyrene Mfg __10 155* Sale "55* ""65* 215* Sale 495* Sale 45* 55* 985* Sale 965* Mar. 18 995* Mar. 8 102 Mar. 20 1065* Mar. 10 5 175* Mar. 31 475* Mar. 31 4 J* Mar. 18 255* Mar. 11 585* Mar. 13 45* Mar. 18 6 55* Mar. 22 55* Mar. 22 Sale 18 475* Sale 4 45* 45* 6 118 Sale 120 124 116 Sale 116 150 155 1505* 155 175* 19 153 154 152 * 2,025 Railway & Light Securities 400 Rys & Util invest cl A com 1 Raymond Concrete Pile— Common * 4,800 300 $3 conv pref * 1,500 Rayt heon Mfg com 50c 4,600 Red Bank Oil Co -_* 6,500 Reed Roller Bit Co_ * 3,100 Reeves (Daniel) com 50c 7,200 Reiter Foster Oil Corp 1,600 Reliance El & Eng Co 5 1 13,800 Reynolds Invest com 1,400 Rice Stix Dry Goods Co * 1 15,400 Richmond Radiator com Rio Grande Valley Gas Co— Voting trust ctfs1 12,200 11 For footnotes see page 53. 101 165* 175* 24 995* Mar. 8 31 1065* Mar. 10 18 14 Jan. 14 345* Jan. 12 45* Mar. 18 11 ""45* "55* * 100 * 1,240 Quaker Oats com 330 6% preferred 800 Quebec Power Co 93 Jan. Jan. Jan. 985* Sale Jan. 19 45a Feb. 11 Mar. 31 123 Mar. 13 113 Mar. 11 155 Mar. 13 151 185* Mar. 10 16 16 Sale 16 Mar. 31 11 Sale 11 Mar. 31 125* Mar. 10 Jan. Feb. 18 Sale 38 40 J 7* 45! 125* 45* 35* Sale 5* 39 34 15* 2 35* Sale 285* 295* 115* 135* Sale 5*6 15* 3 2 Sale 275* Sale 6 65* % 5* IO5* Sale 5* Sale 4 Sale 25* Sale 5* Sale 135* Mar. 31 40 Mar. 11 15* Mar. 17 3 Mar. 23 265* Mar. 31 Mar. 20 ',*6 Mar. 6 105 Mar. 31 6 Mar. 4 9 Mar. 31 25* Mar. 31 5* Mar. 2 9 18 41 Mar. 15* 35* 315* 65* 5*« 125* % 45* Mar. 4 Mar. 1 Mar. 10 Mar. 4 Mar. 6 Mar. 7 Mar. 17 Mar. 2 9 5^ 1 Mar. 11 A/Tar Jan. 27 9 Mar. 9 9 Jan. Mar. 11 Jan. 5 4 17 335* Jan. Jan. 4 4 Jan. 31 ~7_ Jan. Mar. 12! 5* Jan. 5 4 Mar. 25* Mar. 5* Jan. 125* Mar. % Feb. 25* Jan. 5* Jan. 105* Mar. 5* Feb. 4 19 24 26 41 Feb. 265* Mar. 5 Jan. 21 15* Mar. 3 Jan. 55* Jan. Mar. 13 26 123 20 1585* Jan. 28 185* Mar. 10 135* Mar. 40 5 12 Mar. 31 'Xt Feb. Sale 5* Jan. 21 255* Mar. 11 585* Mar. 13 13 Jan. 2 7 3 18 Jan. 5 5* Jan. 13 48 NEW YORK EXCHANGE CUBE AGGREGATE RANGE PRICES IN MARCH SALES NEW YORK CURB EXCHANGE Since 1939 Jan. 1 (Concluded) Par Bid 750 Rochester G & E 6% pfD__100 7-"" 150 6% preferred O ; 100 STOCKS Shares 900 Roeser & Pendleton Inc * Rolls-Royce Ltd— Am dep rets ord reg £1 10,400 Rome Cable Corp common—5 ---5 5,400 Roosevelt Field Inc 7,000 Root Petroleum Co com 1,300 $1.20 conv preferred 20 1,200 Rossia Internat Corp— * 75 Itoyalite Oil Co Ltd 2,950 Royal Typewriter com * 2-50 2,700 Russeks Fifth Ave Inc 41,900 Rustless Iron & Steel Corp 1 750 $2.50 conv pref " 5,200 Ryan Consol Petroleum 3,200 Ryerson & Haynes Inc com___l 2,450 Safety Car Heating & Ltg * 600 St Lawrence Corp Ltd * A $2 conv pref 50 57",900 St Regis Paper Co 5 500 7 % preferred 100 1 16,000 Salt Dome OilCo 4,300 Samson United Corp com 1 900 Savoy OilCo 5 * 2,600 Schiff Co com — 21,600 Scovill Mfg Co Scranton Elec $6 pref """300 400 25 Seranton Lace Co common—* 950 14% 15% 11 13 Sale 13 13% 2% 2% 9% 1% Sale 2 9% Mar. 31 1% Mar. 30 2 Sale 2 lVs 2% Sale 2% 7 5 % "A, 68 5% 71 6 12 Sale 40 42% 3 Sale % 1% 2 4% 6 At Sale 65% Sale A™ « 12 ^ Sale 43% 2% 45 2% Sale 63 66 3% 58% Sale Sale 17 Sale c, 64 Sale 3 Sale 55% 13% 1% % 11 Sale Sale Sale lh 113% 25% Sale 24% Sale 17% 19% 20 1% 2, 1 11 1% 11% ■ 19 1 * —5 9% * * Segal Lock & Hardward com. Seibevling Rubber com Selby Shoe Co com _ Sale Sale 15A 33 Sale Sale 4% Sale At "At 25 Allotment certificates "4",500 Seton Leather com 99,800 22,600 2,500 11,450 Seversky Aircraft Corp 1 Shattuck Denn Mining 5 Shawinigan Water & Power._* <v,5% cum * _ Sale 1% 1% Shreveport Eldorado 100 Pipe Line stamp 1,200 Silex Co (The) common conv 1 55% Mar. 31 Sale 53 Sale 2 2% 5 At Mar. 31 Mar. 31 3% Mar. 8 48 li% Sale" 1% % 10% 20% Sale 1% 11% Sale 19 Mar. 31 Mar. 29 11 Mar. 20 1% Mar. 22 11 Mar. 9 30 33 % 6% 7% Sale 1 Sale 1% 30 1% Sale % % „ 8 Sale ef 64 Sale 57% 68 64% Sale .25 % Sale 58 «a 5% 8% 20% 109 ev» Sale Sale 21 Sale 5% 7% 20% 105% 3* Sale* Sale Sale Sale Sale 68 % 25 * Mar. 8 Mar. Jan. 5 Jan. 5 Mar. 28 38 8 2% Feb. At Feb. Mar. 27 53 Mar. 31 Mar. 1 2 Mar. 31 55% Mar. 13% Mar. 1% Mar. 1 48 Mar. 29 59% Feb. 3 1 11 Mar. 20 17 3 13 Mar. 8 14 % 6% 57% 64% Mar. 28 Mar. 31 Mar. 31 % Mar. 2 8% Mar. 11 69% Mar. 9 Mar. 1 70 Marj. 11 19 20 20 Sale 98 Mar. Mar. 112% Mar. 9 Mar. 13 9% 5% 8% 22% 113% 115% Mar. 98 Mar. 29 Mar. 6 Mar. 4 Mar. 11 Mar. 10 Mar. 13 Mar. 7 9 27 7% Mar. 31 Mar. 31 1% Mar. 7 Mar. 30 31 % Mar. 23 4% Jan. 27 12% Feb. 17 % 6% 57% 60% Mar. 28 Mar. 31 Mar. 31 Jan'. 25 % Feb. % Jan. - 12% 13% 14% 11 Jan. 6 2% Jan. 5% Jan. 7 31 31 20 Mar. 21 98 112 2% Sale 1% 2% 2 Sale 1% Sale 1% Jan. 4 Jan. 11 1 17 28 Mar. 10 13% 1% 1% 32 % % 8% Jan. 5 Jan. 3 Feb. 17 Feb. 28 Jan. 7 Mar. 29 14 Mar. 13 Jan. 1 4 9% Jan. 69% Mar. 3 70 9 Mar. w Feb. 9 16 Mar. 13 9% Jan. 5% Jan. 20 3 Jan. 6 9 22% Mar. 10 Mar. 31 113% Mar. 13 Feb. 15 115% Mar. 7 Jan. 11 13% 6 3 16 16 5 Feb. 10% 7 Jan. 22% Jan. 14 13% 3 % Jan. 11% Jan. 12 27% Mar. 3 Mar. 13 2 Jan. 4 23 1 Jan. 11 9% Jan. 26 20% Mar. 31 1 Mar. 4 1% Feb. Mar. 3 Mar. 2C Mar. 20 Mar. 1 12 1 % 1% 31% % 8% Mar. Mar. 3% Feb. Jan. 2% Mar. 5% Mar. % Jan. 8 Mar. 7 Jan. 3 65 3% Mar. 19 Sale Sale 44% Mar. 17 2 21 Sale 4 6% Mar. 10 12% Jan. 3 Mar. Mar. 25 2% 5% Feb. 27 Jan. 20 Mar. 7 Mar. 7 Jan. 14 71 Mar. 10 Mar. 1 7 13% 2% 2% 6% % 4 43 28 % Jan. Mar. 18 20 Mar. 30 Mar. 23 15 55% Mar. 31 4% Feb. 4 8% Mar. 31 9 % 1* d* 12% 18 65^ 37 Mar. 17 7% Mar. 31 Mar. 31 Mar. 7 Mar. 35 67 7 11% Mar. 27% Mar. Sale 62 Mar. Mar. 1% Feb. 9 4% Mar. 31 At Jan. 25 7 3 Mar. 18 65% Mar. 14 6% Mar. 10 12 Mar. 1 37* 9% Mar. 31 1% Mar. 30 3 Mar. 10 Mar. 20% Mar. 31 At Sale Sale Sale Mar. 13% Mar. 30 19 20 1% 13% 2% 2% 6% Highest Sale Prices Sale Prices 99 Mar. 9 104 Jan. 20 1G0 Feb. 23 102 Feb. 3 Jan. 14 5 At Feb. 6 13% Jan. 21 Jan. Pub Simmons-Boardman Corp m 15A Can— of 1 18 53 100 pref A A A 125 Sherwin-Williams Mar. 37% Mar. Mar. 20 8% Mar. 31 Mar. 28 38 2% Mar. 31 62% $5.50 prior stock Sherwin-Williams Co com. Mar. 4 4% Mar. 31 Sale 4% Sale 36 37% 2% Sale At Sale 55% 4% 8% Sale 1 Selected Industries Convertible stock 12 Lowest Highest Ask 'l5% Sslfridge Prov Stores, Ltd— 200 American dep rets £1 6,100 Sentry Safety Control 1 Serrick Corp class B com 430 Lowest Sale Prices Sale Prices 99 Mar. 9 100% Mar. 13 100 Mar. 9 100 Mar. 9 14% 13% Mar. 30 13% Mar. 30 Ask Bid 15" 12% 1% 1% 29 H % 6% „* common 700 Seeman Bros common 1,800 Bid 24 Warrants 18,000 2,800 Se3urities Corp Gen'l com 32,100 68,600 1,100 11,600 3,650 Mar. 31 Mar. 1 Ask Scranton-Spring Brook Water Serv $6 pref 11,200 Scullin Steel Co SINCE JAN. Price Jan. 3 * pref 18,400 Simmons H'ware & Paint Co. 3,900 Simplicity Pattern Co 1 1,180 SingerMfg Co 100 Singer Mfg Ltd— Am dep rets ord reg shs—£1 2,025 25 Sioux City G & E 7% pref. 100 Skinner Organ Co * 1% 3 2% Sale 210 Sale 2 Mar. 31 2% Mar. 1 2 Mar. Mar. 23 212% Mar. 2 1% Mar. 31 175 9 4% Mar. 22 84% 4% Mar. 22 Mar. 31 3% Mar. 14 1% Mar. 11 Sale 1% Jan. 30 2% Feb. 3 Jan. 1% Mar. 31 175 Mar. 23 219 Jan. 3% Jan. 84% Jan. 10 3 6 4% Mar. 22 84% Jan. 3 Smith 14,200 19,600 3,500 1,700 (Howard) Paper Mills,* Solar Mfg Co 1 Sonotone Corp 1 Soss Mfg Co 1 South Coast Corp com 1 8,700 Sou Calif Edison pref B 7,300 i;5%% pref class C 1,510 *5% original pref 25 25 25 500 Southern Colo Power cl A—25 3 % 1% 5% 2% 28% 27% 42% 1% Sale Sale 5% 2% Sale 27% Sale 2 2% 1% 4% 1% 29 Sale Sale 5% 2% Sale 27% Sale 1% 2% 50 7% preferred 100 190 South New Engl Telep Co..100 700 Southern Pipe Line 10 * 2,700 Southern Union Gas com 350 Preferred A —5 200 So West Pa Pine Lines New 450 50 10 3,800 3,800 200 5,700 5,150 3,400 410 3,650 25,900 2,800 8,100 1,475 24,800 1,400 1,550 11,000 8,900 39,200 2,500 25 Spanish & General Corp Ltd Am dep rets ord reg shs—£1 Am dep rets ord bear £1 Spencer Shoe Corp * Stahl-Meyer Inc com * Standard Brewing Co * Standard Cap & Seal com 1 Conv preferred 10 Standard Dredging Corp— Common $1.60 1 conv preferred Stand Invest $5% pref w w Standard Oil (Kentucky) Standard Oil (Nebraska) Standard Oil (Ohio) com 5% preferred Standard Power & Lt Class B com 29% 28% 1 Standard Silver Lead Standard Steel Spring Co Standard Tube class B 5 Wholesale Phos 1 1 5% 2d preferred 142 155 3% 1% 27% Mar. 42% Mar. 1% Mar. 28% Mar. 18 43% Mar. 6 B) Co 1 Mar. 55 2% 1% 2% 145 160 6% 33 19% 6% 32% 6% Sale 152 Mar. 152 Mar. 30 Mar. 3 Sale 4 Mar. 4 Mar. 22 1% Sale 1% Mar. 10 17 17% Sale % 3% 2% % % 16% oai« 21 % ~ " Sale Sale 1% 11% 2% 13 % % 2% 2 20 3 Sale % % 16% Sale 22% Sale 1% 11% 2 12% Sale 10 17% 6% Sale 18% Sale 6% Sale 20% 19% 19 20 101 104 1 Sale % Sale 1 1% % 15% 21 1% 9% 18* 104 9% Sale At % 22% Sale 2% 2% 9% 9% At Sale 29% Sale 2 2% Sale % Sale 22% Sale 10% 3 1% Mar. % Mar. 15% Mar. 21% Mar. 3% * 31 28 31 22 Mar. 17% Mar. 6% Mar. 18% Mar. Sale Sale Sale c > Sale 1% 104 Mar. % % 28% 7% At Mar. Mar. Mar. Mar. 19 Mar. Mar. 1% Mar. Sale "12% 3% Mar. 17 2% % 17% 22% Jan. Jan. Jan. Feb. 29% 28% 43% 1% 42 Jan. 55 148 Jan. 152 3% Jan. 1% Jan. 4 10 Mar. Feb. 7 Jan. 17 Mar. 30 Mar. Feb. 3 28 14 Jan. 18% Feb. Mar. 10 6% 34% 18% 19% Mar. At J an. Mar. 21 Mar. 18 2% Mar. 10 5% Jan. 31 17 Jan. 7 Mar. Mar. Mar. Mar. 17 28 14 21 2% Feb. 4 1% Mar. 31 % Mar. 28 15% Jan. 27 21% Jan. 3 1% Jan. 12 Mar. 11 Jan. 4 Mar. 28 At Mar. 21 12 10 Mar. 11 17% Jan. > Jan. 9 Feb. 6 18% Mar. Jan. 102 % Jan. % Jan. Jan. 28 7% Mar. At JanMar. 19 1% Mar. 18% 6% 21 % 105% 16 Jan. 12 Mar. 28 Mar. 14 Jan. 9 2% Jan. 12% Jan. Mar. 11 Mar. 10 Mar. 10 Mar. 28 Mar. 4 Mar. 2 Mar. 3 10 Mar. 11 Mar. 1 9 29% Mar. 1% Mar. 13 3% % 17% 23% Feb. Mar. 14 Mar. 29 3 Mar. 2 12% 11% 18% 6% 20% 105% 4 2% Sale 13 10% 105 11 13 Sale 105 Mar. 105 3 Sale 3 Mar. 4 Mar. 35 106 "3% "T% "4% 3% 50 1 .1 1 com Sullivan 6% 2% 3% 5% * 1 1 Machinery Co 4 2% Mar. 31 * Sale 3% 3% Sale 1% 10% 5% Sale 2% 3 3% Sale 7% Sale 1 iv Sale 9% 8 11 Sale 5% 2% 2% 5% % 8% 6% 10% Sale Sale Sale Sale 1 Sale Sale 11% Mar. 8% 5% 2% 2% 5» Mar. Mar. Mar. Mar. Mar. Mar. 8% Mar. 6% Mar. 10% Mar. Jan. Mar. Mar. Jan. Feb. 21 21 3 11 29 12 23 1 % Feb. 6 Jan. Feb. 4 6 Mar. 11 Jan. Jan. Jan. 9 21 24 Mar. 3 2% Mar. 31 11% Mar. 3 Mar. 31 Mar. 10 Mar. 14 8% Mar. 6% Mar. 3 Mar 9 3 Mar. 8 4 2 7% Mar. 1 % Mar. 29 9% Mar. 4 10% Jan. 4% Jan. 4 Jan. 21 Mar. 105 Mar. 3 Jan. 28 7% 5% 2% 2% Jan. Mar. 5 Jan. % 8% 6% 10% Mar. Mar. Feb. Mar. Mar. Mar. Feb. 18 Feb. 8 Mar. 14 Feb. 20 Jan. 5 Feb. 4 Jan. 5 Feb. 27 Jan. 14 Jan. 6 Jan. 3 Mar. 14 Feb. 6 9% 2% Sale 2 33 37 33 40% 42 37 34% Sale common 15 5 6% 4% 6 4% 5% 2 Jan. 33 Feb. 37 Mar. 45% Mar. 14 37 Mar. Mar. 42 <4 Mar. 14 42 Mar. Jan. 3 Mar. 14 Mar. 14 14 Sale Sale 33% Mar. 42 11 Sale 38% 43% 8% Mar. 6 11% Mar. 14 x2H Mar. 8 34 Mar. 3 Mar. 14% Mar. 6 4% Mar. 25 14 Mar. Mar. 6 Jan. 7 2 Mar. 4% Mar. N 28% 27% 41% 1% At Mar. 21 3 35 n% 5 Taggart Corp com Tampa Electric Co Tastyeast Inc class A Taylor Distilling Co 1 * 1 1 Technicolor Inc common.....* see page 1 1% Mar. 10 Sale Sale Sale 1% 19% Mar. 28 Mar. 17 9% Mar. Sale 19* Mar. 10 1% Mar. 28 3% Jan. 3 1% Mar. 11 5% Jan. 9 2% Jan. 6 % Sale Sale 17% 14 9 6% Mar. 34% Mar. 11 Mar. % Mar. J* % Mar. 6% Mar. 31 18% Mar. 24 20 \i 3 1% 1% % W Sale Sale 105 1% o 17% Sale J 12 6% 6 31 2% Mar. 10 17 * * 100 Stinnes (Hugo) Corp Stroock (S) & Co Inc 200 Swan-Finch Oil Corp For footnotes 1% Mar. 15 55 4 149% 152 4 5% 32% 9 29% Mar. 21 1% Feb. & 200 Sunray Drug Co com 39,200 Sunray Oil 2,500 5%% conv preferred 50 25 8,700 Superior Oil Co of Calif 50 Superior Portl Cement A... 15,000 10,150 2,200 5,400 54,600 1 % Mar. Mar. 55 20 Sterling Aluminum Prod Sterling Brewers Inc Sterling Inc Class B 29 Mar. 31 2 4% Mar. 31 20 Steel Co of Canada ord Stein (A) & Co com Stetson (John 2 1% Sale 30 6%% preferred 2,600 Sterchi Bros Stores Inc 175 6% 1st preferred 50 29% 28% Mar. 15 5 45 * common Acid Works 250 20 * 10 25 25 100 1 Standard Products Co Standard 7,100 4,700 21,575 3,775 3,400 1,750 2,400 4% 1% 1% Mar. 1 4% Mar. 31 1% Mar. 28 $7 preferred 28,700 Starrett (The) Corp vtc '""500 2 Sale Sale 1% 25 9,700 Southland Royalty Co 10,500 South Penn Oil ~i~,o66 Sale 1 % 53. I 4% 36 5 Sale % e At % Sale 22^ Sale siH 3, 3 Sale At % 19% Sale Sale 32% H 33% 3 Mar. 31 Mar. Sale % 14% Sale Mar. Sale Mar. 14 Mar. 4% Mar. W "4% Mar. 8 T34 "4 Mar. 1 %TMar. 24 % Mar. 10 19% Mar. 9 3 31 Mar. 31 Mar. 9 % Jan. 4 % Mar. 31 14 Mar. 31 5% Jan. 5 36% Jan. 10 % Mar. 24 % Feb. 6 22% Jan. 3 April, 1939] jtfEW CURB YORK PRICES IN MARCH new york curb exchange In Since March Shares „iShares (<Continued) Par Fow 7% 1st pref.-100 & L 7% pref 100 600 80 "3.766 2,100 8,800 2,200 15 * 57 _ Tubize Chatillon Corp— 44,500 Common 1 4,100 Class A 1 5,700 Tung Sol Lamp Works com.-l 2,900 80-cent divpref * 27,100 2,700 2,000 800 200 600 Ulen & Co series A pref 100 Series B 100 pref 4,400 Unexcelled Mfg Co Inc 4,700 Union Gas of Canada. 3,500 1,100 100 100 Union Investment Co 10,200 10 * com__ 15,300 Union Premier Food Stores. _1 25 Union Traction Co United Chemicals Inc— 500 150 40,400 45,000 225 * * 1,900 50 Common 400 $3 cum partic pref 187,300 Un Cigar-Whelan Stores 17,300 United Corp warrants 200 United Elastic Corp 139,500 United Gas coihmon 17,110 $7 1st non-voting pref.. 12,800 Warrants 350 United G & E 7% pref 91,900 United Lt & Power com A 54,500 Common class B 124,400 $6 1st pref * 10c - 3 3 62 4% 16 IX 1534 1% 78 81 IX a X X i5* Sale 2 Sale 4 434 X 7X 5% Sale X X 7X 9 % 9 > IX * 100 * Lowest Highest Sale Prices Sale Prices % Sale 3% Sale A Sale 7% 9 3 Mar. 17 Mar. 17 8 Sale 9 Sale 9 Mar. 31 Sale 28 Sale 28 Mar. 31 7X Sale 5X Sale 3 5% IX IX 12X 13X 3X 4X 13 Sale 2X Sale 4 6X 4X 2X 434 134 Sale 12X 13X 3 434 13 X Sale 2 434 4X 434 3% 4 42X 44 IX Sale J* Sale Sale 234 Mar. 21 63* Mar. 31 2 1% 11 4X 4 3 2% 3 3* Mar. 17 Sale 12 2% 14 3 Mar. 17 13* Mar. 18 123* Mar. 18 3 Sale 2 Mar. 23 1354 Mar. 3 1 13 3* 3834 33* 73* 4 Mar. 14 Mar. 3 Mar. 6 Mar. 2 Mar. 17 Mar. 10 Mar. 10 Mar. 2 Mar. 1 Mar. 17 33* Mar. 17 2 Mar. 15 134 34 Sale Sale 3 2% Sale 8834 Sale X Sale 8434 85 234 Sale 2% Sale 33 X Sale 2034 2234 3% Sale 84 X Sale X X 75X 80 2 J* Sale * 2 _* 30 Sale 19 68 20 _ 2X X 80 70 73 83 87 A Sale 43* 423* 34 3* 1534 Mar. 8 2 Mar. 31 Mar. Mar. 11 23 Mar. 31 21 21 Mar. 31 Sale 723* 43* Mar. 3 423* Mar. 31 1 134 Mar. 62 6 Mar. Feb. Mar. Mar. Jan. 703* Mar. 17 17 8 Jan. 9 Mar. 31 28 Mar. 31 16 254 Mar. 21 63* Mar. 31 Feb. 23 33* Mar. 17 13* Jan. 4 Jan. 30 Mar. 23 1234 Jan. 27 3 43* Mar. 31 Feb. 38 27 54 Mar. 31 5* Jan. 9 Mar. 1 Mar. 6 7 1 2 Mar. 6 Mar. 31 Mar. 7654 Jan. 16 3* Mar. 20 85 Mar. 80 3 Mar. 9 13* Mar. 31 13* Mar. 31 2X Mar. 363* Mar. 23 Jan. Mar. 31 23 Mar. 20 733* Mar. 8 63* Mar. 8 5 8 4 17 3 15 Jan. 12 20 154 Mar. 8 Feb. 23 31 81 29 rl0534Mar. 13 26 111 Jan. 9 Jan. 203* Feb. 24 693* Jan. 31 9 tJan. 11 Jan. 133* 3854 33* 754 20 Jan. 8 6 Jan. •A Feb. 25 4 Jan. Mar. 6 17 53* Mar. 10 5* Feb. 14 154 Mar. 31 35* Mar. 31 Mar. 7* 4 Mar. 20 Mar. 2 Mar. 31 Mar. 31 70 2 9 Feb. 3 Mar. 31 Mar. 31 Mar. 31 Mar. 4 Mar. 6 3* 843* 13* 13* Sale 17 Feb. 23* Jan. 134 Sale 134 Sale 2334 Sale 85 Jan. 12 85 Sale 2 1554 Mar. 1534 Jan. 60 7 4% 434 Sale 4234 Sale X Sale 3* Sale 99 Feb. 10 1013* Feb. 4 Jan. Mar. 31 11 Mar. 23 133* Mar. 7 41 40 24 24 105* Mar. 31 1434 13* 653* 1003* 10754 5* 23* 43* 3* 3 Mar. 31 Mar. 31 11 2X Feb. 1434 Mar. 17 Mar. 3334 2% 6X Jan. 3 434 3* 134 33* 9A 17 Sale Sale Mar. 17 134 Mar. 8 78 ~ Mar. 2 31 29 *105 34 Mar. 13 3 1103* Mar. 22 Sale 3 94 53* Mar. 10 Mar. Mar. Mar. Mar. Mar. 12 % 2% 7 62 1434 134 653* 1003* 109J* 36 2 X 6934 -Jan. 2 Mar. 43* Mar. 17 8 131 Sale Sale Sale * 1 Highest Sale Prices 62 434 16 1 6534 10034 11034 101?* Sale 2 434 13 16 82 14% IX 77 Lowest Sale Prices 33* 67 4% 4X Ask Sale Mar.a 913* Sale 903* Mar. 22 98 10134 100 1013* 10034 Mar. 20 1013* Mar. 3 34 Mar. Sale 334 Sale 1 33* Mar. Sale 15 1534 Mar. 103* Mar. 31 ii Sale 11 Mar. 31 13 143* Mar. 8 59 67 4% 275 United Milk Products com.-.* 125 $3 preferred * 75 3X 13 X 12 X IX Sale IX * 18,400 Transwestern Oil Co .--10 7.600 Tri-Continental Corp warr 300 Trunz Pork Stores Inc * 100 40,800 100 1 1,700 Am dep rets def reg 5s 3,375 Todd Shipyards Corp * 240 Toledo Edison 6% pref 100 160 7% preferred A 100 Tonopah Belmont Devel.-.lOc "7",600 Tonopah Mining of Nev 1 11,500 Trans-Lux Pict Screen com_ * 70 200 94 5 Tobacco Secur Trust Co Ltd—• 1,800 Am dep rets ord reg shs £1 1,525 97 X Sale 87 Mar. 31 Ask Bid Bid 3X Sale 15 14% 19,700 Tobacco Prod Exports 300 52,700 4,200 7,000 70 2 3,500 Thew Shovel Co common 8,100 rilo Roofing Inc 200 Tishman Realty & Constr 100 Tobacco & Allied Stocks "56 100 Ask Bid 9,200 Texoa Oil & Land Co 10.000 75,600 3,900 Mar. 1 1939 420 Texas P 70 1 Jan. 3 stocks 5,850 Tenn El 1,475 RANGE SINCE JAN. Price Jan. 1 2,600 1,350 4,200 49 EXCHANGE AGGREGATE SALES 16 Mar. Mar. Jan. Jan. 10 10 20 11 53* Jan. 18 33* Mar. 17 2 Mar. 15 13 54 Jan. 12 3 Mar. 23 1554 Mar. 23* Jan. 43* 423* 134 A 7 Jan. 8 3 9 Mar. 31 Jan. 3 Jan. Mar. 20 6 4 35* Jan. 92 X Mar. 11 o% Jan. 21 863* Feb. 25 3 Jan. 19 234 Jan. 20 363* Mar. 23 Mar. 20 733* Mar. 9 8 United Molasses Co Ltd— 300 500 Am dep rets lor ord reg 60 United N J RR & Oanal.-.IOO 1,600 United Profit Sharing com_25c ""700 " 3~,905 "lOilOO 12,300 9,050 24.200 10% preferred United Shipyards class Class B 19.750 United Shoe Mach 440 10 A-...1 com 1,180 Preferred 4.500 United Specialties common 2,300 5X 5X 5X 634 63* Mar. 7 534 Jan. 237 8 .2* 10] Sale 1] 85 Sale 1034 134 25 Sale 8434 25 43 Sale 1 4 1 4 "~X "~X 4X Sale 134 Sale ~~3X ~~3X X 3* Mar. 25 934 9 34 Sale Sale Sale Sale 7634 Mar. 31 134 7634 4334 3 34 93* Mar. 17 13* Mar. 43 2 Mar. 30 33* Mar. 31 3* Mar. 13 103* 13* 853* 4434 43* Mar. 1 Mar. 8 Mar." 9 Mar. 20 Mar._ 9 Jan. 5 63* Mar. 25 242 93* Mar. 17 134 Jan. 3 7654 Mar. 31 28 7 105* Feb. 21 6 3 44 '-4 Mar. 20 13* Feb. 853* Jan. Jan. 11 33* Jan. 26 43* Jan. 33* 3* 583* 134 283* Mar. 31 Jan. 11 Mar. 31 Jan. 4 Jan. 5 63* Jan. X Feb. 13 Jan. 25 Feb. 7 42 8 Jan. A Jan. 54 Mar. 25 4 ' 28,100 U S Foil class B 6,600 U S & Internat Sec com 3,650 1st preferred with warr 6,800 ... 500 1,650 2,200 1,950 3,500 3,700 2,300 1,300 5,600 2,800 7,200 4,600 4,500 4,000 1,400 * * U S Lines Inc prof * U S Playing Card com .-_10 U S Plywood Co common 1 $1.50 conv pref 20 U S Radiator common U S Rubber Reclaiming 600 U S Stores Corp com 800 $7 conv 1st pref 200 400 I* 1 * "lx "lx 27 X 16 24 4% 2X 15 Sale 2X 150 2,600 1,400 700 1,400 2,550 500 3.000 19,100 2,600 11.600 3.650 6,650 5,700 -2334 334 2 1554 2334 4 234 com 1234 73* 1 Universal Products Co Utah Idaho Sugar Co Utah Pr & Lt $7 pref 5 Utah Radio Products * com. Utility Equities com $5.50 priority stock... Utility & Ind Corp com. Conv preferred t Util Pow & Light com 13 8 Glass B % Sale • 49 Sale * * 5 60 MIX Sale 5134 523s 7% preferred 3* """700 1,600 5,100 4,600 2,100 6,000 13,400 10,700 200 350 Sale 30 Sale Sale Sale Waitt & Bond Inc class A 8X * 7% 7% * 9X Sale Sale * * 5% Wayne Kuitting Mills 1 5 1% 8% Weisbaum Bros-Brower Co 1 4% 4X 2X 4X Common * 625 Westmoreland Coal Co... Westmoreland Iua 133* Mar. 31 Sale 23 Mar. 28 3 Mar. 31 134 Sale 13* Mar. 31 34 Mar. 3 434 Mar. 3 2 Sale 12 334 123* 63* 153* Sale Sale Sale % Sale 543* 52 13* 49 134 Sale Sale 2634 Sale 2734 ,263* Sale 634 63* % Sale 123* Sale 13* Sale 20 25 21 Sale Sale 6 34 A Mar. % Mar. 2 33* 123* 63* 173* 34 533* Mar. Mar. Mar. Mar. Mar. Mar. 31 31 31 24 2 18 13* Mar. 21 13* Mar. 25 49 Mar. 31 34 134 A 34 123* Mar. Mar. Mar. Mar. Mar. 6 31 14 11 31 65 Mar. 13* 363* 1634 273* 43* 234 34 63* Mar. Mar. Mar. 8 Mar. 8 Mar. 8 Mar. 16 Mar. 3 Mar. 3 454 123* 83* 1834 % 593* Mar. Mar. Mar. Mar. Mar. Mar. 13 31 11 154 154 " 34 13* 'A A 1554 Mar. Mar. 7 54 2 1 Mar. 6 Mar. 13 Mar. 2 Mar. 11 Mar. 27 Mar. 1 283* Mar. 16 27 6 Mar. 22 Mar. 1 Mar. 8 63* Mar. 11 % Mar. 2 2 53 Mar. 11 Mar. 22 83* 73* Sale 75* Mar. 31 9 534 Sale 63* Sale 534 Mar. 31 63* Mar. 31 63* Mar. 854 Mar. o 30 3 Mar. 13 634 734 834 Sale 734 15 Mar. 20 A Mar. Mar. 31 3 15* Mar. 31 3* Jan. 24 33* Feb. 23 Jan. 2" 143* 35* 123* 3 Mar. 31 Jan. 24 Mar. 31 Mar. 31 Jan. 15* 363* 165* 273* 454 25* 34 Jan. 10 Mar. 8 14 26 17 19 3 60 134 Jan. 30 13* Mar. 25 Mar. 31 49 34 Jan. 24 134 Mar. 31 A Mar. 14 34 Feb. 25 12 Feb. 21 8 Jan. 3 Jan. 5 Jan. 4 3 A Mar. 16 1 153* Jan. 54 Jan. Jan. 5 Mar. Jan. 254 Jan. 143* Jan. 454 Jan. 26 49 5 Jan. 63* Mar. Jan. 6 5 16 68 27 Jan. Mar. 30 20 48 21 A Mar. 16 1 254 Mar. 14 13* Mar. 31 243* Mar. 23 Sale Sale 3 2 Mar. 31 534 Mar.] 3* Mar. Feb. 11 5 24 10 2 83* Mar. 11 Feb. % Jan. Feb. 154 Mar. 234 Jan. 54 A 13* 34 5* 16 28 3 28 7 4 Mar. 13 Feb. Feb. Jan. Jan. Jan. 2 6 11 12 18 154 Mar. 31 243* Mar. 23 30 Jan. 17 20 Mar. 20 28 Feb. 20 6 Mar. 22 73* Jan. % Jan. 3 5 % Feb. 27 383* Jan. 24 75* Mar. 31 7 3 45* Jan. 63* Jan. 4 5 24 30 23* Jan. 53 9 6 Mar. 11 Mar. 22 73* Feb. 18 9 24 Feb. 100 IX 6% Class B Walker Mining 2 1 Sale 48 * Wellington Oil Co common 1 Wentworth Mfg Co 1.25 Western Air Express Corp 1 Western Grocery com 20 Western Maryland Ry— 250 7% 1st preferred 100 Western Tablet & Stationery 110 133* Sale 23 3 IX A 13g 14* 100 2,100 Vogt Mfg Corp 700 2,800 2,600 1,300 1,100 7,300 4,300 Mar. 1 common 11,900 Waco Airfraft Co 11,200 Wagner Baking com v t c 7% preferred-..Wahl (The) Co common.. """300 31 Sale 3* ?3t 1 380 Virginia Pub Serv 7% pref. 100 3.600 33 M 5934 7 140 1,600 Mar. 31 Mar. 2 Mar. 31 Mar. 3 1 3,100 3,800 7,500 1,200 33* 3* 583* 13* * 12,900 Valspar Corp common _.l 750 $4 conv pref 5 8,900 Van Norman Mach Tool com_5 9,700 Venezuela Mexico Oil 10 18,600 Venezuelan Petroleum _1 350 334 Sale 34 X 5834 Sale 13* Sale 34 3*i % Sale 1234 Sale ,14 1634 434 4 8 1,200 5,800 4,225 2.900 7,600 64,700 134 Sale 31 Sale % o Sale IX 29 1 400 Universal Insurance Universal Pictures *34 Sale 10 10,200 Universal Corp v t c__ 2,600 1,400 6,200 4,150 534 * 100 Universal Consol Oil Co 4,900 100 600 5 64 4,200 United Stores Corp com v t c 13,100 United Verde Extension 50c 27,900 United Wall Paper 2 3,900 12,300 ' 5% Sale % % Sale 9X 6 Sale 2% Sale 50 16 13* 63* 34 Sale 13* Sale 1034 Sale 43* Sale 3 334 2 3* Sale 23* Sale % 33* 23* 43* 334 3 434 13 15 123* 15 634 34 13* 1034 43* 3 34 23* 23* Mar. 23 Mar. 31 Mar. 31 15* 113* 534 354 354 43* 40 534 Sale Sale 15 34 13* 634 63* Al Sale 13* 134 115* Sale Mar. 28 47 Mar. 11 40 123* Mar. 22 14 Mar. 24 123* Mar. 22 Mar. Mar. Mar. Mar. Mar. 17 31 8 31 31 63* Mar. 1 Mar. 1 Mar. Mar. Mar. Mar. Mar. Mar. 10 14 1 10 14 2 * 3* Jan. 24 A Feb. 4 13* Jan. 25 83* Jan. 4 43* Mar. 31 3 34 Mar. 23 2 5* Jan. 6 23* Mar. 31 Jan. 28 63* Feb. 28 1 Feb. 13* Jan. 12 53* 5 3 5* 43* Feb. 28 7 25 Feb. 23 Jan. 5 Mar. 14 Jan. 5 503* Jan. 4 15 Feb. 9 Jan. 6 10 Jan. 86 Jan. 4 97 Mar. West Texas Utilities Co— 480 1,500 900 900 900 2,100 500 20 1.100 3,100 2,200 1.400 40,300 2,000 • 640 6,400 1,500 1,200 2,000 6,700 1,200 $6 preferred .* W Va Coal & Coke com * Weyenberg Shoe Mfg Co 1 Williams ( R O) & Co * Williams Oil-O-Matic Htg_._* —- Wilson Jones Co com— Willson Products Inc * 1 IX Sale 5X Sale 5X 6X 2X 3 8X 8X 8X Sale % Sale 6% 6 X 5X 2% 2% 9 8X 6 8 9 J* Sale 63* Sale 5 53* 234 Sale 734 8 73* Sale 190 Wisconsin P & L 7% pref__100 1,600 Wolverine Port Cement 10 9,100 Wolverine Tube Co com .2 5,500 Woodley Petroleum Corp_._.l Woolworth (F W) Ltd— 4,800 Am dep rets ord shs. 5s 92.800 Wright-Hargreaves Ltd * 9,800 Yukon Pacific Mining Co For footnotes see page 53. 5 903* Mar. 18 3* Mar. 1 634 Mar. 3 5 89 3 3X 8X Sale 6 6X 13 X 8 14 Sale IX Sale 2X 2% 7X Sale 53* Sale 143* 153* 83* Sale 13* Sale 234 234 434 Sale 53* 534 10 1434 Mar. 29 234 Mar. 31 7 3* Mar. 30 73* Mar. 31 Mar. 28 2 34 Mar. 27 434 Mar. 31 53* .Mar. 27 14 Mar. 21 8 Sale 73* Mar. 31 1 Sale 1 Mar. 21 97 Mar. 8 13* 73* 53* 23* 854 Mar. 10 8 Mar. 28 Mar. 25 3* Mar. 534 Jan. 1 3 Mar. 20 5 Mar. 29 Mar. 27 2 Jan. : Mar. 30 Mar. 31 Jan. 4 Mar. 2 92 3* Mar. 10 8 23* Mar. 34 73* 73* 8434 2 X Mar. 27 1 734 Mar. 63* Mar. 13 454 Mar. 31 53* Mar. 27 155* Mar. 14 83* Mar. 3 133* Jan. 23 73* Mar. 31 154 Mar. 1 1 Jan. 26 8 13* Jan. 5 73* Mar. 25 634 Jan. 18 3 Jan. 6 10 Jan. 4 9 Jan. 7 92 3* Mar. 10 23* Feb. 8 34 Jan. 634 Jan. 2 3 10 155* Mar. 14 83* Feb. 27 13* Jan. 6 NEW 50 YOKE EXCHANGE CURB AGGREGATE PRICES IN MARCH SALES In CURB Since j March I since EXCHANGE Bid Ask 1st 5s 766,000 5s registered 1st & ref 6s 5s Lowest Highest Sale Prices Sale Prices 3 96 Jan. 87 Jan. 102 Jan. 24 106% Mar. 105 104% Marl Mar. 13 98 Jan. 30 105 104% 105% 104% 108% 108% Sale 106 Sale Mar. 15 104% Mar. 2 106 108% Mar. 10 108% Mar. 20 104 Sale 86% Sale 106% Sale 101% 102 104% 101% Sale Sale 104% Mar. 31 106% Mar. Mar. 101% Mar. 8 102 Sale Sale 106 106 % 108% Sale 85% Sale 95% 103 Mar . Mar. 11 81% Jan. 3 96% Mar. 11 27 104 Mar. 3 4 102% Mar. 27 4 1946 202",666 Highest Sale Prices Mar. 27 Mar. 4 Sale 98 % 377, 000 Lowest 94% Mar. 31 96% 102% Mar. 17 104 100 Mar. 2 102% 105 Mar. 18 106% 104% Sale 88 . Ask Sale Sale Sale Sale Sale Sale 96% 86% 103 % . 1 Sale Prices Mar. 31 Sale 81 % 1956 1968 1946 1st & ref 5s 1 Ask Bid 94% Sale 103% 102% 100% Sale 105% Sale 1967 332, 000 1,132, 000 os. Bid 100% 106% 3,470, 000 Alabama Power 4%s 82,000 1951 584,000 1,470, 000 90, 000 36,000 779",000 1,000 566,000 41,000 659,000 63~656 1,000 48,000 registered 6s_ 2016 6s registered 61 ,000 124 ,000 46 ,000 Appalachian El Pow 4%s_1948 4s 1963 Appalachian Power 6s 2024 1951 258 ,000 Ark Louisiana Gas 4s 1956 1,212 ,000 Arkansas Pr & Lt 5s 1,544 ,000 Associated Elec 4%s 1953 25 ,000 Assoc Gas & Elec 4%s 1948 4%s registered 1948 5s 1968 1,301 ",o5o 1 ,000 5s registered. 1968 1,138, 000 4%s series C__. __1949 84 ,000 5%s ..1977 Conv deb 5s 1950 1,113, 000 5s r egist er ed 2 000 1950 161, 000 Assoc Tel & Tel 5%s A.-.1955 1, 000 5%s A registered —1955 183, 000 2,000 9,000 2, 000 37, 000 133,000 79,000 19,000 44,000 396,000 297,000 42,000 42,000 102,000 609,000 30,000 19,000 103,000 535,000 190,000 627,000 872,000 52,000 50,000 77,000 3,000 5,000 94,000 Sale 100 100% 118% 102% 101% Sale 120 86% Mar. 31 96% Mar. 10 5s -.1947 ex-warr Locomotive Sale 104% 105 Sale 104 47 Sale 54% 122 Sale 5s series O 101,000 56,000 Bethlehem Steel 6s 1950 1955 1957 1960 1998 1,222,000 Birmingham Elec 4%s 1968 448,000 Birmingham Gas 5s 1959 155,000 Broad River Power 5s A..1954 150,000 Canada Nor Power 5s 301,000 Canadian Pacific Ry 6s__. 1,721,000 Carolina Pr & Lt 5s 69,000 Cedar Rap Mfg & Pow 5s. 105,000 Cent Ohio Lt & Pr 5s A__. 246,000 Central Power 5s ser D 1.745,000 Central Pow & Lt 5s 9 104 103% Mar. 18 104% Mar. 10 51 Mar. 31 63% Mar. 9 Mar. 9 33% Mar. 2 42 Sale Mar. 24 105 35 34 38 Sale 35% Sale 38 Sale 35 Mar. 39 Mar. 22 33 Sale 34 Sale 35 Sale 33 Mar. 50 Sale 48 Mar. Sale 41 Sale 36% Mar. 33 2 1 Mar. 44% Mar. 39 2 9 Mar. 22 46 Sale 73% 75% 85 Sale 45% 37 77% 105% 105% 79 Sale Sale 89 77% 104 106 87% 93 — 1,775,000 5%s__ 1,475,000 Cent States Pr & Lt 5%s_. Chicago 111 Midland Ry— 217,000 4%s series A Chicago Junction Rys & Union Stock Yards 5s.. 113,000 Sale 83 85 Sale 96% 1953 115 1950 101 1957 1954 83% 100% 35% 35 % 1953 57% 1956 1948 486,000 Cent States Elec 5s 115 110% Sale 120% 121 124 125% 144 144% 87% 84% 69 72% Sale Sale 115% 101% Sale Sale Sale Sale Sale 1956 98 98% 1940 104 104% "86"" Sale' 86 Sale 105 Sale 93 89% 77 79 107% Mar. 9 Mar. 7 123% Mar. 17 Jan. Jan. Jan. 104% Jan. 20 63% Mar. 9 111 105 42 Feb. Mar. Mar. 29% Jan. 39 39 Mar. Mar. 9 40 Jan. 59 9 30 Jan. 47% Mar. Feb. 35 Mar. 9 78 Mar. 9 104 Mar. 13 105% Mar. 1 104% Mar. IS 106% Mar. 16 91% Mar. 3 91 % Mar. 3 86 Mar. 1 87 Mar. 9 113 Mar. 4 9 9 Mar. 22 42% Mar. 59 81% Mar. 14 2 44% Mar. 47% Mar. 94 Mar. 106% 109% 123% Sale Sale Sale 94 Sale 109 Sale 108% Mar. 123 Sale 123 Mar. 27% Jan. 78 78 Mar. Feb. 94 Feb. 9 9 9 10 Mar. 9 1 105% Mar. 106% Mar. 16 91% Mar. 3 102% Jan. 104% Jan. 91% Mar. 85 Mar. 81% Mar. 14 72% Jan. Mar. 126 128 123% 125 123 87 144 146 142 144 96% Sale 83 Sale 90% 92% 146 Mar. 9 Jan. 4 Jan. Mar. 3 Mar. 146 Mar. 27 144 Mar. 97% Mar. 11 86 83 Mar. 86 Mar. 10 69% Jan. 86 Sale 92 Mar. 94 Mar. 15 81 Jan. 94 104 Mar. 104% Mar. 14 Mar. Mar. Mar. Mar. Mar. Mar. 105 Mar. 16 105 Mar. 14 102% Jan. 102% Mar. 96% Jan. 104% Mar. 14 102% 103% 113% 102% 84% 99% 115% 103% 91% 102% Mar. 16 113 Mar. 16 101% Jan. 115% 103% 91% 102% Mar. 46 101 39 Sale Jan. Jan. 46 46% Mar. 11 7 69% Mar. 37% Mar. 63% Mar. Jan. 32 Jan. 46% Mar. 11 69% Mar. 7 103% Mar. 30 104 % Mar. 45 Mar. 31 52% Mar. 9 9 7 Sale 45 77 81 70 79 75 80 80% 85 80% 84% 80% Mar. 10 80% Mar. 10 Sale 75 84 Sale 69% Mar. 31 Sale 75 76% Sale 70 76 Sale 71 Sale 75% Sale 69 Sale 71% Sale 75% 69" Sale" 69 Mar. 31 77% Sale 77% Mar. 31 86 78 Sale 78 -.1950 _ 1958 1 000 5s registered 362 000 gs_ 174 000 Cities Service Gas 5%s Mar. 28 Mar. 31 78 Mar. 10 Mar. 9 78% Mar. 9 _ 1969 1942 142 000 Cities Serv Gas Pipe L 6s .1943 4,995 000 Cities Service P & L 5%s_1952 1949 5%s gold deb 541, ,000 Community Pow & Lt 5s..1957 217 ,000 Community Pub Serv 5s A 1960 10 ,000 Conn Ltg & Pow 7s A 1951 20 000 Consol Gas of Bait 5s 1939 10225»i 77% 77% Mar. 1 76 Mar. 1 Mar. 31 77 Mar. 9 68 74% Mar. 2 77 Mar. 9 Sale 75% Sale 100% Sale 129% 133 102 103% 125 1971 109% 110% 127 7 102% Feb. Mar. 9 86% Mar. 84 78% Mar. 31 87 100% Mar. 3 100% Mar. 7 129% 129 MO 129% 131" 129 100% Mar. 29 101% 101% 103 100% Sale Mar. 27 126% 126%. 127% 126% 128% 126 84% Sale 100% 100% 78% Sale Feb. 77 78% Mar. 76 Jan. Mar. Mar. 9 14 9 1 9 74% Mar. 2 Mar. 9 77 Feb. 101% Jan. 3 10226 »i Jan. 3 9 Mar. 3 75 Mar. 8 10253 Mar. 31 6 s Feb. 72% Jan. 72% Jan. 101 83% Sale 84% Sale Mar. 78 74% Mar. 68% Jan. 2 9 Mar. 11 Mar. 13 Mar. 30 104% Jan. 9 3 Jan. 55% Jan. 10 Jan. 14 78% Feb. 28 Jan. 17 80% Mar. 10 69 Sale Sale 98% Jan. 103% 44% 70% 72% 76 101% Sale 1954 4%s Sale 55% Jan. 71% Jan. 72% Jan. 68% Jan. 76 Mar. 74% Mar. 1958 Mar. 83 99 80 5s registered 5s Mar. 16 Mar. 14 Mar. 16 Mar. 16 35 Sale 1 000 105 Mar. 13 Mar. 101% 100% Mar. 20 101% Mar. 10 Sale 105 Feb. Mar. 10 Mar. 15 Mar. 11 Sale 848, 000 Mar. 11 95% Mar. Sale 71% 1,000 344,000 17 Sale 103% 104 % 103% 50% Jan. 85% 75 Sale 7 Mar. 13 96 73% 1950 68 Jan. Mar. 94 104% 104% 104% 105 103% 103% 102% Sale 104% Sale 103% Sale 114 114 Sale 115% 102% 102% 103% Sale 89% Sale 84% Sale Sale 101% Sale 100 Sale 45 39% Sale 37% Sale 43% Sale 63% Sale 67% Sale 100% 101 123 116% 110% 123% 126% 148% 97% 108% Mar. 120% Jan. Mar. 1 109% Mar. 7 123% Mar. 126% Mar. 13 1966 147, 000 Cities Service 5s 37 000 Mar. Feb. 2 Mar. 20 6 Jan. 2 1966 9,000 Mar. 9 44% 69% Conv deb 5s 46,000 8,000 6,000 31 28 102 42% Mar. 375,000 t AChic Rys 5s ctfs of dep.. 1927 15,000 Cincinnati Street Ry 5%s. 1952 1955 10,000 6s series B 5s registered 235,000 106% 108% 118% 102% 101% 41% Jan. 35 43 35 102 ' 1,291 000 92 21 Sale Sale 103% 1956 4, 000 1,218,000 389,000 96% Mar. 10 3 Feb. 105 51 34 1942 4,553, 000 125,000 4 Feb. 100 104% 103% 33 1953 1,651", 000 1,000 85% Jan. 6 106% Mar.130 107% Mar. 9 Mar. 7 108% Mar. 31 111 121% Mar. 4 123% Mar. 17 Sale 17 10 Works AConvertible 6s 2,136,000 572,000 Bell Tel of Canada 5s 1st M 5s ser B June 1 167,000 ; Feb. 25 106% Jan. 108% Feb. 21 109% Jan. 104% Mar. 31 106% Jan. 125 Sale 106% 109% 109% 108% Mar. 13 1 122 107 Light 4-His—1955 103% Atlantic City Elec 3%s 1964 104% Avery (B F) Sons 5s w w__1947 91% Baldwin 1,015,000 4 105 88 105 141, 000 Atlanta Gas 36,000 93% 104 2016 63, 000 Amer Radiator deb 4 %s_ .1947 82, 000 American Seating 6s stpd.1946 41", 066 53,000 103,000 12,000 59,000 291,000 693,000 12,000 1951 -.1948 52 000 Aluminium Ltd 5s 664, 000 Amer Gas & Elec deb 5s__2028 American Power & Light— "9",000 182,000 - Mar. 1939 Jan. 1 - SINCE JAN. Jan. 3 BONDS— 1,143,000 100,000 384,000 RANGE Price YORK NEW Mar. 24 Mar. 8 Mar. 14 Jan. 86 Mar. 9 86% Mar. 4 9 Mar. 3 87 3 101 Jan. 9 7 131 Feb. 17 Jan. 100% Mar. 29 102 125 Jan. 5 128% Jan. 20 100% Jan. 129 Mar. 5 Consol G E L & P Bait— 6,000 48,000 3%s series N Consol Gas 108,000 993,000 295,000 11,000 183,000 19,000 6,000 60,000 83,000 4.000 2,000 566,000 81,000 416,000 15,000 1,000 16,000 164.000 133,000 Delaware Elec Pow 5%s._1959 1949 76,000 Denver Gas & Elec 5s 432,000 ADetroit Int. Bdge 6%s._1952 ACtfs of deposit 258,000 100,000 A25-yr s f deb 7s.. 1952 ACtfs of deposit 6,000 1,343,000 151,000 1,402,000 37,000 1,000 48,000 696,000 110% Sale 110% 111% 110% Mar. 66% 90% 100% Sale Sale Sale 62% 87% 107% 1 111% Mar. 25 109% Jan. 62% Mar. 20 66% Mar. 1 Sale 86% Mar. 20 91% Mar. 13 Sale 100% Mar. 1 108% Mar. 9 Sale Mar. 4 61% Mar. 6 64 66% Mar. 14 95% Mar. 29 96 Sale 60% Jan. 81% Jan. 96% Jan. 14 111% Mar. 25 Utilities— 6s A stamped 261, 000 1943 1958 3,283, 000 Continental G & El 5s 370, 000 Cuban Telephone 7 %s 1941 1944 59, 000 Cuban Tobacco 5s 448, 000 Cudahy Packing Co 3 Ms.-1955 Eastern Gas & Fuel 4s A. .1956 Edison Elec Ilium 3%s—1965 2030 Elmira Wat Lt & RR 5s__1956 Elec Pow & Lt 5s. 60 61 62 Sale 99 64% 96 Sale 81% 96% 104 105 106% 106% 7% Sale 7% Sale % 1 % 1 61% Sale 110% 112 74% Sale 108% 112 64 95% 105 108 8% 8% % % 67 Sale 95% Sale Sale Mar. Sale 110% 111 108 9% 9% % % . Mar. Jan. Jan. 13 6 Mar. Mar. Mar. Mar. 110 Sale 110 Mar. Mar. 10 110 70 Sale 70 Mar. 81% Mar. 10 70 110% Mar. 109% Mar. 103% 103% Mar. Sale 101% Mar. 109% Mar. 3 104% Mar. 3 402% Mar. 11 110% 1956 Empire Dist Elec 5s 1952 104% 99% 100 104% 104% 100 101% Sale 102 1953 1967 50% Sale 107% 108 107% 108 64% Mar. 11 112 111 Sale Mar. 24 97 Jan. 4 106% Mar. 28 108% Jan. 24 60% Jan. Feb. 3 9% Feb. 1 % Jan. 1% Feb. 10 66% Jan. Mar. 24 5% Mar. 28 % Mar. 28 % Mar. 18 61 Mar. 28 61 104% Jan 106% Jan. 106% Mar. Feb. 95 Sale 61% 5s registered El Paso Elec 5s A. 1950 105 106% 109% 107%. 109% 107% Mar. 6 Mar. 5 Sale 6% 5% Mar. Sale 5% Sale % Mar. % % i % % Mar. % Sale H 64% sdle 110% Sale 79 58 68 91% Mar. 13 10 108% Mar. 9 31 68% Jan. 11 18 10 112 Jan. 2 3 Mar. 10 81% Mar. 10 Mar. Mar. 24 107% Jan. 111 109% Mar. 103% Mar. 99% Jan 109% Mar. 3 5 104% Jan. 102% Mar. 11 Ercole Marelli Elec Mfg— 5,000 28,000 11,000 6%s 101,000 Erie Lighting 5s 33,000 167,000 Federal Water Serv 5%s__1954 Finland Residential Mtge 6s stamped 41,000 1961 1,7,000 "5,666 201,000 854,000 26,000 Firestone Cotton Mills 5s .1948 5,000 AFirst Bohemian Glass 7s_1957 1966 671,000 Florida Power Co 4s C 3,423,000 Florida Power & Lt 5s 1954 84% Sale 102% 103% 101% Sale 50% 89% Sale 95% Sale 42 86 46 Sale 102% Sale 43 107% 87 52 Sale Sale 99% 102 44% Mar. 13 45 107% Mar. 2 108 85% Mar. 100 3 Mar. 6 Mar. 7 87% Mar. 13 Mar. 29 103 Mar. 2 Mar. 23 Mar. 8 19" 000 20,000 148,000 3,000 127,000 1,034,000 127,000 4,000 5s ext stamped 452,000 429,000 Gatineau Power 5s 5s registered 1944 1956 95% 104% 25 94 Sale 94 Sale 99 Sale 97% Sale 98 Sale 15% 19 15 93% Mar. 18 97% Mar. 31 20 94% Mar. 11 99% Mar. 14 Sale Sale 99 Sale 105 Sale 104% Sale 97 Mar. 23 99% Mar. 30 Mar. 1 103% Mar. 20 105 1956 Mar. 20 73 Feb. 75 87 Jah. 96 Sale 83 Sale 83 Mar. 90% Mar. 77 67 67% 73 Mar. 73 91 92 91 Mar. 3,471,000 Georgia Power ref 5s 331,000 Georgia Pow & Lt 5s 4,000 AGesfuerel 6s For footnotes see page 53. 1967 1978 97% Sale 60 Sale 1953 26% 70 91% Sale 103% Sale 69% Sale 26 101% .66 27 Sale 68 101% Mar. 67 Mar. 27% Mar. 29 Mar. 8 3 9 3 8 95 Jan. 4 99% Mar. 30 Jan. 31 103% Mar. 20 105 92% Mar. 10 103% Mar. 14 70% Mar. 10 94% Mar. 1 94% Mar. 11 99% Feb. 9 81% Jan. 90 Sale 77 87% 4 3 Mar. 90 Mar. 94% 87% 89% Jan. 95% Jan. 20 97% Jan. 90% Mar. 86 96 73 86 103% Jan. 101% Jan. Mar. 23 Feb. 87% 95 82 Mar. Jan. 87 98 Sale 88 15 3 87% Mar. 13 93 Sale 97 conv 100 26 84 90 Gen Bronze 87 Mar. 11 Mar. 23 deb 6s._1940 1953 53,000 Gen Pub Serv Co 5s 468,000 Gen Pub Utilities 6%s A-.1956 1948 8,000 AGen Rayon Ltd 6s A 306,000 Gen Wat Wks & El 5s A..1943 36"000 82% Jan. 1015u Feb. 15 Gary Electric & Gas— 165,000 225,000 50% Jan. 44% Mar. 13 Feb. 107% Jan. 6 108 95% Jan. 58 Jan. 27% Mar. Jan. Jan. 3 4 8 19 92% Mar. 10 103% Mar. 14 70% Mar. 10 29 Mar. 3 April, 1939] NEW YORK CURB EXCHANGE AGGREGATE SALES In PRICES IN MARCH Jan. 1 164,000 42,000 35,000 7,000 11,000 34.000 81,000 ~8~, 000 260,000 8,000 23,000 17,000 4()~,666 3,000 84,000 9,000 103,000 201,000 293,000 690,000 73,000 18,000 150,000 51,000 7,000 2,000 76,000 82,000 40,000 431,000 77,000 87,000 12,000 28,000 Bid (Continued) Glen Alden Coal 4s_ 1965 Gobel (Adolf) deb 4%s___1941 72 M Grand Trunk West Ry 4s 1950 Great North Pow 5s stpd__1950 88 _ _ Grocery Store Prod 6s 1945 22,000 Guantanaino & W Ry 6s-_1958 Guardian Investors Corp—■ 5s series A 98,000 1948 206,000 Hall Printing 6s A stpd___1947 Allamburg Elec Co 7s 1935 15",600 ^Hamburg E & Und Ry 5%s'38 303,000 Heller (W E) & Co 4s w w. 1946 26,000 Houst Gulf Gas 6%'s x W--1943 6s 1943 54,000 37,000 Houston Lt & Pr 3%s 1966 Allungarian-Ital Bk 7 %s._ 1963 1949 71",660 Hygrade Food 6s ser A 6s series B 1949 17,000 __ _ 92,000 Idaho Power Co 3Ms 1967 33,000 Illinois Nor Util 5s —1957 359,000 Illinois Pow & L 5%s__—1957 722,000 5 %s series B__ 1954 1,013,000 6s series A ____-- -1953 1,773,000 5s series C 1956 169,000 Indiana Elec Corp 6s A 1947 78,000i' 6 Ms series B 1953 349,000 5s series C 1951 Indiana Hydro-Elec 5s A--1958 49,000 Indiana & Mich El 5s 1st & ref 5s 32,000 1957 1955 1950 1963 232,000 Indiana Service 5s 1st lien & ref 5s 199,000 169,000 Alndianapolis Gas 5s A 1952 44,000 42,000 98,000 Int Pow Sec 6 Ms series C_ .1955 56,000 7s series E 25,000 36.000 7s Series F .1957 — 228,000 1,550,000 Interstate Power 5s .1952 Debenture 6s 606,000 .1952 .1951 .1957 10,000 International Salt 5s 498",000 56 Mar. Ask Sale 59 89 108M 109M 49 M 54 Bid 1 Mar. 31 Ask Bid 68 M 60 Sale 90 Sale 61 67 M 66 88 108% 109M 109 Ask 68% Sale 90% 111 Lowest Highest Lowest Highest Sale Prices/ Sale Prices Sale Prices Sale Prices 72% Jan. Mar. 2 69% Mar. 10 68% Mar. 8 67% Mar. 22 60 60 90 Mar. 1 91 87 72 91 67% Mar. 22 Mar. 11 Sale 47 Sale 53 45 47 45 47 41 44 50 Sale 43 Sale 100 Sale 100 Sale 99% 26% 22 M 95 Sale 40 30 96 M 20 40 21 30 17 M Sale 100 102 101% 103 103% 103 109% Sale 110 8 63 M 63 M 30 86 65 66 Sale 84 M 110 106 M 56 M 55 86 110M 107 Sale 55% 72 80 48 54 49 53 47 55 M 107% 108 58 M Sale 40 Sale w Sale 43 24 53 Jan. 9 1 40% Jan. 27 50 Feb. 18 1 101% Mar. 28 98% Feb. 16 101% Mar. 28 Mar. 31 99% Mar. Sale 105 932 106 91 % 101M 104 98% 23 100% Sale 40 Sale 99% Sale 102% Sale 96% Sale 98% 100 99 % 100 M 52 50 Mar. Mar. ~59"~ 314,000 471,000 66,000 18,000 28,000 55,000 26,000 11,000 85,000 61,000 49,000 193,000 5,000 3,000 33,000 179,000 161,000 102,000 .1956 786,000 .1958 4 Ms series F 1,151,000 .1957 384,000 Iowa-Nebraska L & P 5s_ .1961 5s series B 85,000 .1958 102,000 Iowa Pow & Lt 4 Ms A— Iowa Pub Serv 5s .1957 261,000 Isarco Hydro-El 7s .1952 58,000 — 80 Sale Sale Jacksonville Gas 5s stpd__1942 40 Sale 12ft ftftft 146i000 Jersey Cent P^& L 5s B___1947 4 Ms series C _ _ 1961 462,000 Kansas El Pow 3 Ms Kansas Gas & Elec 6s 11,000 Kansas Power 5s A_ % 75,000 854,000 Kentucky Utilities 5s 1966 41,000 __2022 1947 1969 1961 gs ,692,000 6 Ms series D. 212.000 -1948 1955 5Ms series F 166,000 Superior Dist Power— 318,000 3M% series A ____1966 907,000 Lehigh Pow Secur6s 2026 4,000 ALeonard Tietz Inc 7Ms__1946 218,000 Lexington Util 5s -.1952 118,000 Libby McNeill & Libby 5s_1942 176,000 Long Island Ltg 6s .1945 433,000 Louisiana Pow & Lt 5s 1957 70,000 146,000 97 Mar. 26% 100% 102% 103% 1103% 59 Mar. Mar. 6 Mar. 30 Mar. 30 Mar. 8 Mar. 20 66% Mar. 24,000 30,000 6,000 56,000 7,000 10.000 34,000 133,000 1,115,000 12,000 52,000 13,000 43,000 180,000 311,000 206,000 220,000 454",000 31,000 103,000 28,000 44,000 163,000 232,000 24,000 30,000 51,000 9,000 339,000 15,000 541,000 118,000 572,000 261,000 273,000 1,000 52,000 179,000 32,000 20,000 218,000 426,000 3,000 11,000 7,000 71,000 81,000 44,000 75,000 50,000 130,000 105 105 M 105M Sale 103 M 105 119% Sale 102 % 103% 90 91 91 102 M Sale Sale 1103 s Mar. 1 Mar. 2 105'32 Mar. Mar. 7 Mar. 10 85% 98% 101% 95% 98% 100% 90% 90 91H 90% 109% Sale 109% 109 106 105% 61M 61% 58% Sale 60 58% 72 83% 79% 65 88% Mar. Mar. 11 Sale 100 Mar. 103 Sale 103 Mar. 97% 99% 100% 89% 90% 109% 105% 58% Mar. Mar. Mar. Mar. Mar. 104 % Mar. 14 101 Alar. 11 101 102 Sale Sale Sale Sale Sale Sale Sale 100% Mar. 13 102% Alar. 10 94% Mar. 8 94 Mar. Mar. Mar. 57 Mar. 45 Mar. 63 Mar. 72 Alar. 1 Mar. 18 Alar. 14 62% Alar. 14 80% Mar. 49 Alar. 11 44 46 46% 49% 52 Sale 48 53 69% Sale Sale 59% Sale 43% Sale 59% Mar. 31 69% Alar. 1 48 M 43 Mar. 18 49 2 90 % Sale 88 88 Mar. 2 47,% Mar. 30 46% Mar. 22 17,000 AMansfield Mining & Smelt— 7s ex-warrants 1941 55% Alar. 10 55,% Alar. 9 113,000 Nassau & Suffolk Ltg 5s Nat Pow & Lt 6s A. Deb 5s series B 161"" 105 Sale 94 107 90 92 Sale 2030 38,000 New Amsterdam Gas 5s—1948 1,171,000 New Eng G & Elec Assn 5s 1947 1948 1950 5s Conv deb 5s New Engl Pow Assn 5s 1948 977,000 Deb 5Ms -.1954 49,000 New Eng Pow Co 3 Ms A_ -1961 New Orleans Pub Serv— 197,000 5s stamped 1942 466*000 a6s series A 1949 109,000 N Y Cent Elec 5 Ms 1950 32,000 AN Y Pa & O RR4%sstpd 195ft 848,000 1,235,000 N Y P & L Corp 1st 4Ms--1967 N Y State E & G 4Ms 1980 8,000 N Y & Westchester Ltg 5s '54 45,000 29,000 298,000 196,000 88,000 175,000 258,000 316,000 For footnotes 4s :_ — Nor Indiana G & E 6s Nor Ind Pub Serv 5s 5s series D see page 53. - 109 93% Sale 108 73% 100 2 74 98 92 M 36 109% 74M Sale Mar. 1952 1966 1969 Sale 77 Sale Sale 38 115% 116 107 M Sale 96 M 98% 78 Sale 118 121 54% 54% 54% 91M 93 M 107% 55% Sale Sale Sale Sale Sale 100% 102 92 M Sale 101 A 102 M 74 107 M 99 M 40 Sale 96 104 108 Mar. Mar. 35% Mar. 42 Mar. Alar. 1 8 9 44 2 Alar. 10 47 Mar. 30 1 104% Mar. 31 106% Mar. 105% Mar. 1 106% Mar. 21 106% Mar. 108 121 Mar. 121% Alar 17 102 Mar. 10333 Mar 2 92 Mar. 97 92 Mar. 97% Alar 6 Mar 8 100% Mar 14 Mar. 104% 103 98% 98% Mar. 105 Mar, 17 Alar, 1 102% 103% 102% Mar. 1 103% Mar. 30 109% Sale 108% Mar. 24 110% Mar. 3 30 Mar. 2 30 Alar. Alar. 1 Mar. 1 Sale Mar. 18 103 104% 104% 104% Mar. 17 105 94 H Sale 92% Mar, 2 95 Sale 106% Sale 106 29 % 50 Sale 29% Mar. 103% Mar. Sale 66 104,% 50 96 96 M 100 Sale 90 91 108 M 108% Sale Sale Sale Sale Sale Sale Sale 87 Sale 60 95 Mar. 13 107 Mar. 25 Sale 96 Mar. Sale 100 Mar. 90 90 106% 107 110 111 109% 98% Sale 95% 63% Sale 60% 99% Sale 98% Sale 103 % Sale Alar.15 Alar. 1 6 29% Alar. 6 1 10433 Mar. 13 54 106 2 Mar. Mar. Mar. Mar. Mar. 66 Alar. 13 96 Alar. 31 101,% 91 % 108% 110% 98% 66% Mar. 10 Alar. 10 Alar.10 Alar. 30 Alar.31 Alar.15 99% Mar. 31 101% Alar. 16 98% Mar. 31 101% Alar. 14 103Mar. 31 104% Alar. 3 87 Mar. 31 94% Alar. 4 87 Sale 98% Sale' "97% Mar.""I 99% Mar.' 13 108% Mar. 14 109% Alar. 6 109% 109 M 108% Sale 83 M 80 Sale 80 Mar. 31 87 84 M Mar. 11 101% 101% 100% 101 % 100% Mar. 24 101% Alar. 2 80 Sale Sale 58 97 Sale 45 % 47 % 107 107M 105% 106 105% Sale --.-1970 104M Sale 80 103% 99% 35 81% Sale Sale 36 84 85% 99% Sale 95% Sale 35 38 81% Mar. 99 Mar. 95,% Mar. 35 119 119 Sale 119% 119 110 109% 110 110% Sale 103% 100% 100% 100 M 101 82 M Sale 80 Sale 80 6 103 101 Feb. 100% Jan. 21 103 Feb. 21 8 Jan. 86 Jan. 94% Mar. 94 109% Alar. 105% Alar. 107 63 72 Mar. 62% Mar. 14 5 83% Jan. 43% Feb. 24 52% Jan. 25 55% 46% Mar. 22 55% 107% Jan. 9 108% 56 Jan. 26 69% 38% Jan. 28 49 46 82 Jan. 77 Jan. Mar. Mar. Alar. 105 Jan. 4 46% Mar. 59% Feb. 35% Mar. 52% Jan. 12 80 Jan. 3 44 Mar. 10> 104 38 Jan. 103 % Jan. 119% Jan. 102 90 10 108 3 Jan. Jan. 100 Jan. 103% Mar. 30 3 110% Feb. 103 Mar. Mar. Jan. 105 95 Feb. Jan. 105% Jan. 107 Feb. 25 95 30 Alar. 102% Jan. 91 28% Jan. 103% Jan. 54 95% Feb. 92 88% 106% 107% 93% 59 Jan. Feb. 98% 98% 103% 82% Jan. Mar. Jan. Jan. 88% 108% 73% 100 Jan. Jan. Jan. Jan. Jan. 9 5 3 35 Jan. 115% Jan. 107% Jan. 96 Jan. 77% Jan. 105% Mar. 86% Mar. 23 102% Jan. 79 Jan. 109 Mar. 13 107 103% Mar. 24 113% Mar. 15 99 Jan. Jan. Sale 108 Sale 105% 105% 104% Sale Sale Sale Sale 54 Mar. Sale 96 Mar. 52 Sale 106 58 Mar. Mar. 107% 108% 107 105% 105,% 105% Mar. 1053% Sale 105% Mar. 104 Mar. 104% Sale "99% Mar."13 87 7 3% Feb. 8 86 5 120 Jan. 3 Jan. 3 _ 50 96 47 107 105 105 103 Mar. 6 3 110% Feb. 10 23 100% Feb. 21 4 89% Mar. 19 93 112% 8 104% Mar. 9 99% Mar. 4 14 36% Jan. 20 91 _ Mar. 3 Alar. 11 Mar. 6 Mar. 3 Mar. 11 Mar. 11 101% Feb. 19 119 14 Mar. Mar. 15 109% Feb. 20 27 99% Mar. 57% Mar. 14 108 Mar. 105% Alar. 105% Mar. 104% Alar. 16 15 30 Mar. 31 5 Jan. Jan. 18 10 6 Jan. 92 28 Jan. 54 54% Jan. Feb. 27 Feb. Feb. Mar. Feb. Mar. 95% Feb. 105 55 118% Jan. 1 101% Mar. 16 101% Mar. 14 Mar. 11 „ 51% 66 96% 101% 91% 108% 110% 98% 66% Jan. Jan. Jan. Jan. Jan. 2 14 14 11 29% Mar. 6 7 104% Mar. 13 Mar. 25 99% Feb. 96% 1 6 Jan. 19 100% Mar. 14 22% Jan. 10133 Alar. 29 99 Alar. 27 56 Mar. 17 Mar. 97 Jan. 107 100% 101M 1.01% 103% 101% Mar. Sale 95 Mar. 95 95% Sale Mar. 104% 105,% 103% 105% 104 85 Sale Sale 82% Mar. 82% 108 Sale Mar. 107% Sale Sale 102 101% Sale 101% Mar. 112% 113% 113% 113.% Mar. 106 105% 105% Mar. 58 27 18 6 97% Mar. 105 93% Jan. 107% Jan. Sale Feb. 121% Mar. 17 103% Mar. 2 Jan. 90 102 Mar. 18 52 Feb. 30 Alar. 118% Mar. 3 7234' Mar. 13 98% 53% Mar. 11 47 Mar. 3 104% Mar. 31 107 Feb. 24 10533 Jan. 30 106% Mar. 21 92% Jan. _ 2 Mar. 105% Jan. 118% 119% 118% 119% 118% Mar. Sale 65 65% Sale, 62% Mar. 65 Sale, 62 Mar. 65% Sale 65 % Sale1* Sale 61% Mar. Sale 92 Mar. 95,% Sale 95 Sale 95 Mar. 98% Sale 108% 109 108% 108% Mar. iiH Mar. 108 Jan 98 72 72% 95% 98% 108% Jan. 5 Mar. 10 Mar. 9 Jan. 13 Feb. 28 Mar. 15 4 110% Alar. 1 100% Alar. 2 89% Mar. 10 Mar. 14 92% 87% 102% 102% 9 120 '5 Jan. 104% Mar. 99% Mar. Mar. 9 28. Jan. Jan. Mar. Jan. 55 77 Alar. 29 Mar. 6 Mar. 110% Jan. 54 8 36 Mar. 10 Mar. 11 Jan. 86 Alar. Mar. 8 27 104% Mar. 14 2 "97% Sale" Feb. Jan. 98% Jan. 6 65 Jan. 98 Mar. 66% Mar. 6 30 30 12 20 Jan. Alar. 3 Mar. Mar. Mar. Jan. Mar. 110% Feb. 27 7 105% Jan. 93% Mar. 7 Jan. Alar. 10 49% Alar. 67% Alar. 105 46% Mar. 63 Mar. 15 Alar. 11 2% 112% .2004 105% Sale" Nippon Elec Pow 6 Ms 1953 Nor Amor L & P 5 Ms A—1956 Nor Cont Util 5Ms A 1948 4Ms E 95% 100% 104 M _ 1,240,000 1,194,000 50 100% 100M 104% 943-s X ANat Pub Serv 5s C O D_1978 Nebraska Power 6s_____• -2022 161,000 4 Ms 1981 87,000 Neisner Bros Realty 6s—1948 787,000 Nevada Calif Elec 5s 1956 343,000 103% Sale Sale Sale Sale 108 Sale 27 26 M 99% 99 M 2026 103 99 Sale 1945 Sale 27 60 1951 92 30 82% :_1955 1955 1957 "89"" Sa"le" Miss River Power 5s Sale Sale 109% 96% 61M Missouri Pub Serv 5s A-,--I960 107,000 Montana Dakota Util 5 Ms '44 Munson Steamship Line 3,000 a6 ms ctfs of dep w w—1937 80,000 812,000 1,278,000 50,000 76,000 96% 1955 1st & ref 5s % 78 108 120 123 120% 121 103 M 103 M 102 Sale 96 M Sale 92 Sale 1967 1978 Mississippi Pow 5s 5s registered 1,470",000 Miss Power & Light 5s 49 105% 107 M 106 29% 102% Ms-1952 102% 103 M 60 80 1943 Memphis Comm'l Appeal— 94% 95% Debenture 4Ms -1956 93 Sale Memphis P & L 5s ser A—1948 88 89 % Mengel Co 4 Ms —1947 107 Met Edison 4s series E____ 1971 106 483,000 Milwaukee G L 4Ms 992,000 Minn Pow & Lt4%s_-. Sale Sale Sale" 45% Sale 104% Sale 106% Sale 100 Sale - 362,000 105% 43 Sale 43% 60 37 Sale Marion Reserve Pow 4 438,000 823,000 43 106 % 105 102 % 109 % 106 M 92% 87% 102% 102% 85% Sale 84% Sale 84% Mar. 102% 101% Mar. 102% 102 % 102% 103% 101 % Mar. 107 M 110 Mar. 107 107% 99 McCord Rad & Mfg 6s 110,000 125,000 4s series G__ —1965 93,000 Middle Sts Petrol 6Ms A--1945 102,000 Midland Valley RR 5s 1943 Sale 102 % 102 % 102 Sale Sale 3 Sale Sale 104 99 100 103 M 9 110% Mar. 106 46 % 49 % 74 27 108% Mar. 105% 93% Sale Sale Jan. 61% Mar. 24 105732 Mar. Sale Sale Jan. 59 108% Mar. Sale 103 47 % 60 109 26% 100% 102% 103% 110% Feb. 104% 106 100 105 103 107 M 109 93% Sale 107 8 18% Jan. 9433 Jan. 101% Jan. 61% Mar. 102 41M Lake 20,000 68,000 100% Sale 100% 100% 105% Sale 104% 105 49 M Sale 42 91,000 47,000 Sale .1942 17,000 Isotta Fraschini 7s Italian Suuerpower 6s— .1963 195,000 35,000 200,000 1,000 53,000 77 1 64 61% 92 % 90 Sale 100 Sale 103 Sale 40 Sale 97% Sale 100% Sale 92 Mar. Interstate Public Service 5s series D 16 109% Mar. 3 52% Jan. 16 Mar. 31 Feb. 102 M Sale 101 % Mar. 103 M 103% 103 Mar. 110M 109% Sale 109% Mar. Sale Sale 10 Mar. 11 47 Mar. 31 Sale 66 110M 86 47 Sale Sale 105% 106% 3 Jan. 46 28 97 4 16 40 22 Jan. Jan. 108% Jan. 108% Mar. 11 109% Mar. 52 48 ____ 101,000 1 Jan. 3 1939 bonds RANGE SINCE JAN. Price new york curb exchange Since March 51 Feb. 17 72% Mar. 13 3 72 Mar. 11 72% Mar. 11 95% Mar. • 98% Mar. 3 109 2 9 4 26 Feb. 3 1 101% Feb. 20 99 Mar. 7 105% Feb. 14 86% Mar. 23 4 109 Mar. 13 3 103% Mar. 24 Jan. 27 113% Mar. 15 Jan. 14 106 Feb. 28 Jan. 6 Mar. 11 58 Mar, 21 6 99% Feb. Jan. 4 57% Mar. 14 Mar. 6 108% Jan. 16 Feb. 7 107 Jan. 26 Jan. 4 106% Jan. 11 Jan. 16 104% Jan. 3 NEW 52 EXCHANGE CURB YORK AGGREGATE CURB Since Jan. 3 EXCHANGE Bid (Continued) Ask Ask Bid Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Mar. 31 Mar. 1 1939 Jan. 1 BONDS Ask{ $ 10,000 109,000 24,000 Northwest Elec 6s stpd—1945 358,000 Nor'west Pub Serv 5s A-..1957 104 % 106 M 97 M 98 M 104 105 M 102M Sale 27,000 100,000 225,000 215,000 1945 76,000 Ogden Gas Co 5s 354,000 Okla Nat Gas 4%s A—---1951 Conv deb 5s -__1946 506,000 397,000 OklaPow & Water 5s A-1948 108 108M 105M Sale102 M Sale 91M Sale 108 M 109 109M 108M Mar. 20 109 Sale 104M Mar. 23 106 105 M Sale Sale 100 M Sale 100M Mar. 31 105 Sale 97% 93M Mar. 2 97 M Sale 93 M 1940 1941 101 102 113M Sale 102% 102 M 102 % 103 113 Sale 113M Sale 43,000 65,000 15,000 587",600 29,000 400,000 26,000 346,000 90,000 Pacific Coast Power 5s 181,000 Pacific Gas & El 6s B Pacific Investing 5s A Without warrants39,000 13,000 Pacific Ltg & Pow 5s 1,434,000 61,000 1,373,000 84,000 776,000 - - _ _ 92 M 1942 Bldg 3s—1964 4%s_1977 30 Penn Cent Lt & Pow 1979 f-g Penn Electric 4s series F__1971 60,000 235,000 179,000 99,000 18,000 70,000 13,000 15,000 2,000 143,000 53,000 23,000 22,000 41,000 1,000 42,000 9,000 565,000 274,000 272,000 110,000 54,000 289,000 .—1959 1947 5s series D 1954 71,000 92,000 Penn Water & Pow 4%s__1968 5s. 1940 151,000 561,000 Peoples Gas Lt & Coke 4sB_'81 4s series D 1961 516,000 1972 747,000 Phila Elec Power 5%s 46,000 Phila Rapid Transit 6s—.1962 Piedmont Hydro-Electric Co 171,000 6%s series A 1960 ___1949 33,000 Pittsburgh Coal 4s 1948 67,000 Pittsburgh Street 6s 12,000 APomerania Elec Co 6s—1953 387,000 Portland Gas & Coke 5s__1940 97 Sale 32 Sale Mar. 29 98 93% Mar. 17 31 87% Mar. 37% Mar. 18 99 86 M 1 2 Mar. 10 28 104% Mar. 10 1 103% Mar. 10 105 105 M 105 Mar. 106 Sale 102M Sale 102 Mar. 108 M Sale 108 Sale 108 Mar. 103% Mar. 8 109% Mar. 13 107 107M 106M Mar. 108 107 104 M 104% 91M Sale 103 % 95 Sale 112 Sale 6% perpetual certificates 35.000 Pub Serv of Okla 4s_ 1966 199,000 _ . 226,000 Queens Boro G & E 5%s_.1952 1953 A-._-1958j 5,000 4,000 38,000 56,000 6s 1937 10,000 20,000 ASchulte Real Estate 6s__.1951 159,000 Scripps (E W) Co 5 %s 1943 1951 141,000 Scullin Steel Co 3s 68,666 378",000 _ 95 51 42 105 106 107 18M 64 Sale 23 M Sale 39M 148 111 41M Sale 106% 107 M 75 M Sale 72% Sale 71 Sale 66 31 Sale 35 M 98 20 M 74 M 150 107 88 M 85 M 81M 16% 17% 108M 109M 131 . 95% Mar. 14 97% Mar. 13 113% Mar. 22 94 M Sale 46 48 108M 103 98 M Sale Sale 82% ----- Sale Sale Sale Sale Sale Sale 29 23 20 107% Mar. 22 Sale 97 M Sale Sale 93 Jan. 9 109 104% Mar. 231106% 100% Jan. 26 105 91% Jan. 3 97% 108 Sorvel Inc 5s _ 1948 Shawinigan W&P4%S-__1967 4 Ms series B 1968 126,000 4 Ms series D 1970 117,000 1947 84,000 Sheridan Wyo Coal 6s 1957 312,000 Sou Carolina Power 5s 2,237,000 Southeast P & L 6s_ 2025 495.000 Sou Calif Ed 3 Ms--May 1 1960 3 Ms series B—July 1 1960 154,000 Debentures 3 Ms 313,000 1945 1st & ref mtge 4s. 128,000 1960 Southern Counties 26,000 43,000 77,000 30,000 53,000 49,000 135,000 134,000 140,000 92,000 159,000 87,000 Jan. 13 Feb. 24 113% Jan. Jan. 32 Jan. 3 7 91 Jan. 26 98 Jan. 97 Jan. 92 30,000 65,000 Ms Southern Indiana Ry 4s ----- 17M 18 Sale 134M 136 109 % 24 Sale 31 30 M 101M 101% 64 107M 104 M 104M 104 67 Sale Sale 73 104% 76 M 84 M Sale 95 Sale 108M Sale 108M 109M 104M Sale 110% 111M 25 17 44 103 22 70 22 20 M 146 251,000 58,000 449,000 211,000 29,000 193,000 335,000 112,000 8,000 27M 103 Sale Sale Sale Sale 83 M 80 M 82 M 30 M 21 61 % 106M 104M 104M 104% 77 94 M 103 M Sale 107M 104 M 105M 105M Mar. 22 12 4 18 4 4 103 Mar. 4 Feb. 4 Mar. 95% Jan. 17% Jan. 26 31 99 64 Jan. 3 77 Mar. 13 107 Jan. Mar. 17 108% 39% 100% 20% Feb. Jan. Jan. Feb. 98% Mar. 3 20% Mar. 17 74% Mar. 1 22 Mar. 22 107% Mar. 24 82% Mar. 22 80% Mar. 31 90% Mar. 13 Mar. 11 86 Mar. 11 88 Mar. 10 31% Mar. 17 18 Mar. 17 109% Mar, 135% Mar. 1 3 28 Mar. Mar. 1968 1951 104 M 44 Sale 90% Mar. 13 Jan. 86 Mar. 11 63% Jan. 88 Mar. 10 Feb. 35 Jan. 29 25 11,000 147,000 64,000 Sale 90 Sale 101 Sale 45 M Sale 104 M 105 44 Sale 49 M Sale 103M Sale Mar. 77 Mar. 1 83 2 3 Mar. 17 Mar. 31 94% Mar. 4 Mar. 31 104% Mar. 13 109% Mar. 22 110% Mar. 7 6 109% Mar. 21 110% Mar. 90 101 5s 1957 6s 2022 81M 6s A__1945 104 M 105 104 Mar. 1 105 44 Mar. 31 52% 102% Mar. 18 103% M 104% 103% Mar. 2 104% 94% 87 Mar. 31 87 Sale 106% Mar. 2 106% 106M 107M 106% 107 47 M Sale 103 Stinnes (Hugo) Indus— 7s 2d stamped 7s 2d stamped 65 M Sale 65% 60% 60 M __1951 1956 61 Sale 1966 103 Mar. 25 Mar. 9 Mar. 8 Mar. 14 Mar. 13 Mar. 21 54 83 Jan. Ill Jan. 103% Feb. 44 53. Sale 59 Sale 59 Mar. 31 65 66 Sale 60 63 61 Mar. 18 60 Sale 60 Mar. 31 70 95M 58 M 94 Mar. 23 96 Sale Sale 66 83 23 Mar. 31 Sale 55 Mar. 31 64 38 36 Mar. 30 42% Mar. 1940 1946 62 61M 62 55 50 35 37 35M Sale 98 M Sale 98% Mar. 31 100% Mar. 44 49 M Sale 45 Mar. 101M 47M Sale 99 Mar. 106 Sale 1950 1949 91M Sale 99 Sale 103 % Sale 49% 100 87% 50% Sale Sale 51M 52 Sale 116M 117 100 46 58% Mar. 31 50 Mar. 9 3 105% Mar. 102% Mar. 11 106% Mar. 4 104% Mar. 107 92% Mar. 57% Mar. 96 95M Sale 57 M Sale 58 Sale 39 45 49M 116M 117 M 118 Sale 39 Sale 117. Mar. 15 Mar. 25 61% Mar. 11 Mar. 29 48% Mar. 14 Mar. 2 118 51 57 26 M Sale 1945 26M 77 M Sale 7,5 Sale Sale 47 M 25 24 M 81 80 45% Mar. 26% Mar. 27 90 M 82 83 % 92 Sale 26 Mar. 22 82 Sale 77 Sale 77 Mar. 75 Sale 75 Mar. 96 M Sale 90 78 87 106 88M 92 Sale 30 Sale 108M 110 106% Sale 59 M 104 M 111 M Sale 105 112 101M Sale 104 M 106 M Sale Sale 60 M 106% 107 Sale 88 27% 82% 80% 106% Mar. Mar. Mar. Mar. Mar. 90 Sale 94 Mar. 18 Sale 87 Mar. 92 Sale 91 Mar. 18 106 105 112 114 113 Sale Sale Sale Sale 102M Sale 101% Sale 104M 105M 104% 105 106 7 2 17 105% Jan. 31 52% Mar. 3 103% Jan. 23 104% Mar. 94% Feb. 5 6 106% Mar. 17 9 6 14 16 21 Mar. 9 26 27 Jan. 57 23 Jan. 27 Mar. 31 55 Mar. 31 64 Mar. Feb. 28 50 Jan. 24 88% Jan. 6 Mar. Mar. 3 30 100% Feb. 53% Jan. 102% Mar. 106% Feb. 107 Mar. Feb. 97% Jan. Jan. 39 45% 26% 23% 76% 4 52% Jan. 11 Mar. 22 118 52 Jan. 14 27 Mar. Mar. Feb. Feb. Jan. 11 27% Mar. 6 82% Mar. 80% Mar. 70% Jan. 104% Mar. Mar. 6 14 11 28 96 Mar. 29 116% Jan. 9 14 15 Mar. 25 61% Mar. 11 99% Jan. 86% Jan. 50% Jan. 9 6 Mar. 107 Feb. 1 78% Jan. Mar. 90 Feb. 24 Jan. 115 112 83 98% Mar. 11 91% Mar. 30 95 70 8 87 79% Mar. 3 96% Mar. 11 94% Mar. 11 Mar. 95% 23% Sale 108% 110 Mar. 6 27 Mar. 23 115 88 Sale 56% 105M 105 106 51% Mar. 17 Mar. 91M 113 82 Sale Sale 112% 114 73 M 94 51 26 94 M 105 91M 46 26% Sale 104% Sale Sale 84 83% Sale 115 115% 112% 79 M 74% 74% Sale Sale Sale 95 92% 104% 104 M 78% Sale 72 50 ~27M Mar. 51110% Jan. 1956 .1941 Mar. 17 3 106% Mar. 10 112% Feb. 60 103 Sale 106 Sale Jan. 9 7 5 70% Mar. 9 70% Mar. 9 69% Mar. 10 70 Mar. 9 96% Mar. 25 70% Mar. 9 35 Jan. 5 43 105M 99 83 57% Jan. 57% Jan. Mar. 11 104 104 M 92 M Jan. 104% Jan. Jan. 95% Feb. 28 9 104% Feb. 110% Feb. 25 57% Jan. 26 Mar. 96% Mar. 25 70% Mar. 9 31% Mar. 6 7 Mar. 102% Feb. 103% Jan. 65 Feb. 20 106 105% Feb. 24 105% Feb. 16 Jan. 104 Mar. 18 35 66 27 M __1951 17,000 Wash Ry & Elec 4s. 1960 207,000 Wash Water Power 5s Western Newspaper Union— Conv deb 6s. ___1944 185,000 2030 114,000 West Penn Elec 5s 1960 97,000 West Penn Traction 5s 1957 1,165,000 West Texas Util 5s A 103,000 West United G & E 5Ms A_*55 1951 18,000 Wheeling Elec Co 5s page Mar. 31 94% Jan. 108% Jan. 108% Jan. 27 31% Jan. 4 103% Mar. 76% Jan. 58 Mar. Sale 5s series B !._1950 Waldorf Astoria Corp— a5s income deb 1954 1,260,000 see •70 Sale 1974 141,000 United Lt & Pow 6Ms Deb 6s —1975 366,000 5Ms 1959 118,000 1952 832,000 United Lt & Rys 5Ms 6s series A 1952 118,000 Deb 6s series A 1973 53,000 211,000 Utah Power & Light 4Ms. 1944 6s series A 2022 154,000 For footnotes 58% Mar. 31 60% Mar. 22 70% Mar. 70% Mar. 9 69% Mar. 10 63 1950 411", 066 26,000 263,000 31,000 4,000 Sale 1957 168", 000 70,000 18,000 58 M 61 94 Sale 29 435,000 Virginia Pub Ser 5Ms A.-.1946 6s .1946 135,000 6s registered 1946 79,000 Sale Sale 93 % 65 M 1939 1956 1,351,000 Tenn Elec Power 5s Terni Hydro-Electric Co— 6 Ms series A 1953 115,000 1960 1,446,000 Texas Elec Service 5s 1956 963,000 Texas Power & Lt 5s 6s 2022 99,000 1979 412,000 Tide Water Power 5s A 645,000 Twin City Rap Tr 5Ms A.1952 Ulen & Company— 6s 4th stamped 178,000 42,000 Unitod Elec of N J 4s Sale 1948 1948 184,000 48,000 308,000 10,000 3 Mar. 31 Jan. 103% Mar. 103% Mar. 103% Mar. 54 11 18 Mar. 17 16% Feb. 1 Feb. 16 108% Jan. 24 110 134 Feb. 1 135% Mar. 3 107M Sale 14 25 Jan. 3 104% 30 152% Mar. 16 107% Jan. 28 92 Mar. 11 103% Mar. 10 104% Mar. 103 104M 103% Mar. 21 104% Mar. 103% Mar. 24 104% Mar. 104% Sale 54 107 Sale 20 30 Feb. 101% Jan. 80 103 M ,103M 104 1 93 M Sale 83 23 Feb. Jan. Mar. Mar. Feb. Jan. Jan. 7 3 102% Mar. 109M Sale 110M Sale 110M 110M 109 M 110% 104% Mar. 28 106% Mar. 2 106 M Sale 104 % 105 Mar. 1 112% Mar. 31 111 112M Sale 111M Sale 104 109% 109% 44% 105% 106% 75% 72 70% 24 Mar. 20% Mar. 17 Feb. 6 147 103% Mar. 61% Mar. Sale Sale 25 27 Mar. Mar. 13 Jan. 92 24 Mar. 14 51 Feb. 23 Mar. 31 108 1 17% Mar. 17M 18M 108% Mar. 108M 109 135 136 135% Mar. 26 Jan. 42 1 152% Mar. 16 Sale Jan. Mar. 49% Mar. 11 Mar. 3 15' 108% Mar. 20 105 3 95% Jan. 97% Jan. 24 Jan. 19 113% 103% 91% 93% 111% 8 Mar. 22 15 Mar. Mar. 20 106 41108 Feb. 85% Mar. 31 82 9 4il09% Mar. 13 Feb. 107 . Mar. 3 106 3 103% Mar. Jan. Jan. Jan. Jan. 80 Mar. 10 44% Mar. 3C Mar. 28 105% Mar. 14 30% Mar. Sale 103 M Without warrants 79,000 17,000 AUnited Indus 6 Ms A 1st 6s i 28,000 3 104% Mar. 10 3 103% Mar. 10 Jan. Mar. 29 109 Mar. 22 109 Sale Sale 25 28 M 103M 102 M 103 103 M United Elec Service 7s 46,000 10,000 12,000 70,000 132,000 53,000 272,000 39,000 16 4 87% Mar. 1 37% Feb. 23 99 Mar. 10 77 Mar. 31 108 Mar. 18 Mar. 11 150 150 107 M 85 M Mar. 20 96% Mar. 23 20% Mar. 17 Sale 21M 5s A_. 1961 6s stamped 569,000 6s conv stamped466,000 6s 762,000 6s gold debs 82,000 6s 557,000 127,000 Standard Invest 5 Ms 1,186,000 Stand Power & Lt 6s 191,000 AStarrett Corp 5s 83,000 99,000 93% Feb. 100% 91% 106% 105% Standard Gas & Elec— 233,000 131,000 273,000 19,000 189,000 91,000 353,000 99,000 Mar. 9 Jan. 21 Mar. 11 Mar. 29 76 Gas of California 4 S'western Assoc Tel Southwestern L & P Southwestern P & L S'western Pub Serv 3 1 101% Jan. 9 104 Mar. 24 112% Mar. 23 113% Mar. 11 ASaxon Public Works— 728,000 173,000 42,000 165,000 59,000 6 102% Mar. Mar. 13 80 77M Mar. 98% 71 104 94 M Mar. 112M Mar. 108 108 M Sale 108M Sale 108M 109M 108M 109 M 108% 40% 43 M 41 43 45 102 104 103% 105 Sale 23 Mar. 22 Mar. 94 112M 113% 112M 113M 77 M Sale 77 % 78 M 50 98 Sale Sale Sale 108 Mar. 106 106M 107 103 M 103% 103 M Mar. Sale 94 77 102 M Sale 18 22 1,311,000 Puget Sound P & L 5%s__1949 5s series C_ 1950 654,000 4%s series D_ 565,000 1950 106M 107 76 Power Corp of Can 4%s B _ 1959 9 Sale 102 109 APrussian Elec 6s -.-1954 Pub Service Co of N J— Mar. 105 M 107% 108 2,000 35,000 26,000 32,000 49,000 Feb. 21 105% Feb. Jan. 113 28 20 92 M 113 91M Sale 106M 107 % 105M Sale 4%s series P 1961 Potrero Sugar 7s stamped-1947 65,000 ARuhr Gas Co 6%s_ ARuhr Housing 6Ms 9 Mar. 11 Mar. 24 102M Mar. 4 104 112M Mar. 23 113% Mar. 11 Sale Sale Sale Potomac Edison 5s ser E--1956 21,000 t ASt Louis Gas & Coke 6s 1947 136,000 Safe Harbor Water Pr 1979 13,000 San Joaquin L & P 6s B_._1952 8,000 32,000 92 M 98 100 M 5%s series B 140,000 Penn Pub Serv 6s C. 134,000 53,000 46,000 50,000 16,000 Mar. Mar. 27 104 1950 Without warrants 532.000 93 92 Mar. 92 M 94 94 M 115 114M 113 80% Mar. 83 Sale Sale 36 Mar. 36 Sale 35% 37 94 Mar. 95M Sale 95% Sale 98 101M 100M Mar. 101M Sale 100 Mar. 101 Sale 100 Sale 94 113M 114M 76 Penn-Ohio Edison 6s 128,000 152,000 33,000 26,000 24,000 105M 103 M 105M 106M 104 Mar. 2 105% Mar. 30 98M Sale 98M Mar. 31 102% Mar. 1 1948 Pacific Power & Light 5s__1955 Park Lexington 1 Price NEW YORK March RANGE SINCE JAN. PRICES IN MARCH SALES In Mar. 11 Mar. 23 79% Mar. 3 96% Mar. 11 94% Mar. 11 70% Jan. 92% Jan. Jan. 91% Jan. 4 82 Jan. 3 98% Mar. 11 91% Mar. 30 87 Jan. 3 95 Mar. 11 Mar. Mar. 18 30 108 Mar. 4 108% Mar. Mar. 105% Mar. 30 108 1 4 8 31% Feb. 17 19% Jan. 16 107% Jan. 30 108% Jan. 11 Mar. 8 105% Jan. 4 108 Mar. 4 53 104 23 63 Mar. 31 Mar. 9 105% 112 Mar. 2 113% 101% Mar. 31 102% 104% Mar. 23 105 106 Mar. 15 106% 56 105 Mar. 13 Mar. 29 Mar. 2 Mar. 8 Mar. 14 63 Mar. Jan. 26 Jan. 28 105% Feb. 110% Jan. 26 113% Mar. 101 " Jan. 13! 102% Feb. 104% Mar. 23 105% Feb. 106 Jan. 20 106% Jan. 4 11 29 11 16 3 53 NEW YORK CURB EXCHANGE April, 1939] AGGREGATE NEW YORK In Jan. 3 Jan. 1 20,000 102,000 92,000 Wis Minn Lt & Pow 5s 620,000 Wisconsin P & L 4s A 1944 1966 108,00. 18,30„ 54,000 362,000 Yadkin River Power 5s 1941 139,000 jAYork Rys Co 5s 5s stamped. 272,000 1937 1947 FOREIGN AND V,666 1,000 1,00 _ 0,000 1,000 Caldas Prov Banks 6s B_ a6s A 13,000 16,000 1946 1951 --1952 Colombia (Republic of)— a6s ctfs of dep (A & 0)--1961 7,000 a6s ctfs of dep (J & J)— .1961 5,000 70*. 660 13"O",666 48,000 80,000 Danish Cons Munic 5%s__1955 j 953 5s 60,000 AGerman Cons Munic 7s__1947 a 6s 1947 68,000 AlTanover (City) Ger 7s 1939 AHanover (Prov) 6%s 1949 ALi na (City), Peru, 6%s._1958 AMaranhao (State) 7s 1958 65,000 AMedellin (Colombia) 7s. 1951 11,000 38,000 38,000 106,000 Highest Sale Prices Prices 106 Sale 105% Sale 105% Mar. 29 106 Mar. 1 10514 103% Sale 103 Sale 102% Mar. 18 104 Mar. 3 100% Jan. Sale 105 105% 104% Mar. 21 105% Mar. 2 89% 92 90% Mar. 28 93% Mar. 3 90 Mar. 24 94% Mar. 17 90% 92 102% Jan. 102 87% 87% Sale 102% 90 90 25% 26% 24% 24% 26 30 30 30 105% 93 93 % 94 26% 26% 30 28 26 26 27 24 32 32 24 24 11 10 Jan. Jan. 17 5 94% Feb. 21 7 11 94 Jan. 89 3 15 18 10 90 105% Feb. 4 32 17 17 17 16 16 16 Mar. 29 106% Jan. Mar. 3 104 18 93 24 26% Mar. 8 26% Mar. 14 26% Mar. 24 26% Mar. 27 25% Feb. 2 Jan. 11 28% Jan. 26% Jan. 32 24% Mar. 14 24% Mar. 14 24% Jan. 16 24% Mar. 14 15 11% Mar. 13 11% Mar. 13 8% Jan. 26 11% Mar. 13 11 Mar. 16 11 29 26 15 15 15 15 9% 9% 9% 8% 15 15 8% 7 17 30 19 Sale ^8 Sale 18 Mar 731 19 Mar. 7 19 Feb. 11% 20 12 20 12 20 15 Mar. 10 15 Mar. 10 15 Mar. 10 15 Mar. 10 20 12 20 12 20 12% 13 13% 14% 10 20 16% Mar. 13 11% Mar. 18 Jan. 20 12% Mar. 2 11% Mar. 18 10 11 24% 24% 25 23 40 25 23 40 24% Mar. 11 25% Mar. 25% Mar. 7 3 22 22 19% 19% 95% 92% 27 20 30 22 27 20 30 98% 95% 90% 88% 96 ,35 40% 19% 8% 8% 8% 7 7 11% 13 12 Sale Sale 23 23 40 40 19% 25 19% 25 99% Sale 97% 99% Danzig P & Wat'way Bond external s f 6%s 1952 56,000 10,000 36,000 53,000 1,000 22,000 16,000 89,000 19,000 Sale 8% 9 15 8% 8% Mar. 16 11 Mar. 16 Mar. 16 11 18 18 1 18 Feb. 27 (Colombia)— a7%s ctfs of deposit 4,000 9,000 Highest Sale Prices 106% 107 % 100 % _ ACauca Valley (Dept of) Rep of Colombia extl s f 7s 1948 57,000 a7s ctfs of deposit 1948 8,000 ACent Bk of German State & 28,000 1,000 Lowest Lowest Sale Prices GOVERNMENT 16,000 19,000 " Ask Bid MUNICIPAL Agricul Mtge Bk Rep of Col— A20-year 7s Jan 15 1946 i20-year 7s Jan 15 1947 a7s ctfs of deposit 1947 6s ctfs of deposit 1947 ~2,006 Antioquia (Dept) Colombiaa7s ctfs of deposit 1945 4,000 a7s B ctfs of deposit 1945 a7s D ctfs of deposit 1945 a7s 1st ser ctfs of dep —1957 "i",66o a7s 2d ser ctfs of dep 1957 a7s 3d ser ctfs of dep. 1957 iBaden (Germany) 7s 1951 16", 006 Bogota, City of (Colombia)— a8s ctfs of deposit 1945 1,000 3,000 14,000 Mar. 31 Ask Bid Ask Bid (Concluded) 1 Mar. 1939 BONDS $ 1 Price CURB EXCHANGE Since March % RANGE SINCE JAN. PRICES IN MARCH SALES _ a6%s ctfs of deposit -1954 (Prov) Argentina a7%s-4s stamped 1951 3,000 Mtge Bank of Bogota— a7s issue of May 1927 36,000 1947 a7s ctfs of dep (May) 1947 2,000 18 *18% 20 18 19 18% 20 Sale 22 19 22 17 26 18 22 10% 12% 8% 14% 20% 17% 11% 30 30 13 12% 10 Sale 20 17 22 Mar. 29 19% Feb. 99 Mar. 14 Jan. 25 100 93 Mar. Jan. 27 Mar. 22 34 Mar. 21 Mar. 19% 18% 21% 17% 11% 7% 7 2 20 Mar. Mar. 31 20 Mar. 6 Mar. 21% Mar. 7 17 7 6 Mar. 30 13 Mar. 3 15 Mar. 10 Mar. 4 15 Mar. 13 78 Mar. 14 79 Mar. 14 Sale 26 Mar. 1 26% Mar. 1 25% Mar. 2 26% Mar. 6 11 Sale 13% Sale 11% 18 13 88 Mar. 24 20 3 7 3 Mar. 29 Jan. 6 96% Jan. 5 35% Feb. 28% Jan. 16% Jan. 16% Feb. Mar. 7 Mar. 10 18 25% Mar. 25% Mar. 22 Mar. 29 Jan. 31 31 95% Mar. 92% Mar. 79 12% 9% Jan. Jan. 16% Mar. 13 12 32 92 17 17 17 11% 6% 11% 7% Mar. 10 28 11% Mar. 18 20 20 Mar. 6 20 Mar. 6 21 % Mar. 7 20 Mar. 17 Jan. 16% Feb. Feb. 28 13 Mar. 10 6% Jan. 11% Jan. 20 3 15 Mar. 10 15 Mar. 13 Jan. 20 10 Feb. 2 Mar. 14 79 Feb. 1 11 9 Mendoza 2,000 27,000 "2", 660 "3",660 "V,066 34",660 41,000 46,000 145,000 61,000 128,000 173,000 65,000 125,000 24,000 3,000 14,000 2,000 No 1947 a7s ctfs of dep (Oct) ____ 1947 AMtge Bank of Chile 6s 1931 Mtge Bank of Denmark 5s 1972 AParana (State of), Brazil 7s'58 par 24% 25% 24% 25% 30 30 30 30 16 Sale 97 9 5n a5%s value, 77 26% 96 8 Aliio de Janeiro 6%s Altussian Govt 6%s 1959 1919 1921 Santa Fe (City) Argentina— a7s stamped 3,000 1945 31,000 ASantiago (Chile) 7s 1949 a7s— 1961 11,000 22,000 * A7s issue of Oct 1927 79 77 7 25% 30 24 32 24 32 28 24 26 25% 24^ 45 17 10 17 13 Mar. 18 97 91 Sale 91 Mar. 31 7 % % 58 Sale 14% 46% 10.% 8% Sale % 10 55 12% 10 12% 11 13 11% Sale % % % % . 51% 10% 10% Abbreviations Used Above: n Sold a "conv" convertible, r Deferred delivery sale, Sold for cash. x Ex-dividend. "m" mortgage, "n-v" non-voting. under the rule. Bonds being traded flat. t Reported in receivership. a "cons" consolidated. "cum" cumulative, "vtc" "cod" certificates of deposit. "w w" 261% Mar. 6 25% Jan. 55 12% 12% 13% Mar. 9 96% Mar. 17 Mar. 10 13 91 Mar. 18 M^r. 31 16 Jan. 15 Mar. 10 52 Mar. 10 15 52 Mar. 10 52 Mar. 10 12 Mar. 10 13 Mar. 10 11% Feb. 21 14% Jan. 11 Mar. 11 Mar. 10 V Feb. 24 14 \/, Mar. Mar. Mar. Mar. 9 a 14% Mar. 11 % Mar. 11 % Mar. 11 9 8% 5% % % 52 Jan. Jan. Jan. Jan. 3 96% Mar. 17 20 4 12 17 6 6 1 2 9% 7% % % 14% Mar. 11 % Feb. 23 % Jan. 11 Mar. 10 Jan. 25 2 Deferred delivery sales, in which no account is taken in computing range, are given below: No sales. n Under the rule sales, in which no account is taken in computing range, are given below: No sales. voting trust certificates, "w i" when issued. Abbreviations Used Above: 1 '25% Jan""2l 26 13 95% 9% % 13% 13% 4 26% Mar. 32 26% 78 with warrants, "x-w" without warrants. r Cash sales, in which no account is taken computing range, are given below: Ford Motor of France, Mar. 25 at 1%. in Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales 1939 1938 754,000 693,000 2,026,000 March 1,695,000 Shares- Jan. 1 to March 31__ Bond Sales March 1939 1938 $329,000 „ Jan. 1 to March 31 752,000 $18,000 AGGREGATE CHICAGO SALES STOCK In March Jan. 1 PRICES IN MARCH EXCHANGE 329.000 BONDS 1939 Bid 722,000 Commonwealth Ed 354s..1958 5,000 Stamped _ Shares STOCKS Shares 5,622 Abbott Laboratories com;*...* 4 54 % cum conv pref 20 100 """352 750. 2,500 1,329 """740 * 109 Altorfer Bros conv pref 1,490 American Pub Serv pref—100 800 6,707 8,930 550 1,700 . 14,760 24,655 i ,55r 6,450 900 100 1,513 5,750 Aro Co 754 9 54 25* 7 850 5,300 24,349 970 430 600 1,250 650 2,200 3,400 325 3,480 710 2,780 9,020 3,350 920 400 50 20,650 5,500 1,080 11,000 Sale Campbell Wyant & Cannon Foundry capital. _* Castle & Co (A M) common .10 Cent Cold Storage Co com__2U Central 111 Pub Serv pref * Cent 111 Secur Corp— Prior lien preferred. i 'referred. * Preferred. 100 660 Chic Rivet & Machine cap 290 Chicago Towel Co conv pref..* Common capital 420 14,805 Chrysler Corp common 4 * 5 Cities Service Co common 10 7,580 Club Aluminum Utensil Co__* 5,800 340 Coleman Lamp & Stove com..* 1,780 2,450 290 Com'wealth Edison com 25 70,400 1,100 1,60C 4,395 184,510 3,050 Compressed Indus Gases cap.5 1 4,100 Consolidated Biscuit com * 8,072 Consolidated Oil Corp 310 pref part shares 50 Com part shs v t c A __50 220 Common part shs vtcB * 410 Container Corp 6f Am com..20 2,381 * 1,165 Continental Steel common 20 1,400 225 95 20 V t c Preferred .100 25 4,778 Crane Co common 100 1,530 Cudahy Packing Co pref 3.151 Cunningham Drug Stores..2A 6,5-0 Dayton Rubber Mfg common.* Cum class A pref 35 630 Decker (Alf) & Cohn— 2,205 290 1,350 3,100 80 2,100 1,050 6,403 8% Sale 354 Sale Common 10 Preferred 60 770 Deep Rock Oil conv pref.. 10,714 Deere & Co common For footnotes _ see page 56. _ Sale 109X Lowest Highest Sale Prices Ask Sale Prices 16854 Sale Lowest Highest Sale Prices Mar. 22 11154 Mar. 11 108X Jan. 109 100 8 7h 4X 19 A 32 11 5h sale Sale 5A 20 31 9 5854 Mar. 35 34 54 Mar. 1 Jan. 854 Sale 9 854 Mar. 754 2 54 854 1554 1854 8 - 7 54 Sale 5 Sale 5 3 A Sale 254 Sale 7 Sale 46 Va Sale Prices 24 III A Feb. 25 3 109 Jan. 3 854 14 7254 17054 554 10 54 54 3554 10 4 54 Sale Sale 27 9 A 3 Va 17 19 18 22 20 22 21 \Sale 21 Mar. 17 Sa. 654 6 54 1554 Sal. 14 A 15 54 254 Sale 9 SaK .20 A Sale 254 854 27 54 15 22 2354 15 21 Sale 68 r** Sale a 16 54 13 54 73 54 54 554 134 2 2 54 1454 Sale Sale 5H LA 101X Sale 103 105 47 A Sale 48 51 254 Sale 4X 15 15 A 15 I5h Sale 2 6 Sale 554 1554 14 A 154 Sale 68 83 As 695a Sale 7 A 2 A ISA 27 54 8 2A 35 Sale 14 6 15 Sale 9 Sale 654 1 7H 16 A Sal!4 27 Va Sale 101 x 37 56 14 16 26 Sale Sale 1654 Sale Sale 23A Sale 28 Sale 7 o 754 4 106 Sale 50 Sale 4 15 1 54 36 23 154 25 Sale 65J4 Mar. 31 54 Mar. 14 2 54 Mar. 1 7 54 Mar. 4 Sale 54 754 110 Sale 3 54 154 1254 13 20 21 Sale 37 31 31 31 31 4 Va Mar. 8 2 54 Feb. 27 54 Feb. 854 Jan. 18 4 14 . Jan. 3 10 15 6 21 Feb. 11 2 5Va Mar. 31 1054 Mar. 31 1554 Mar. 10 Mar. 31 9 3 54 Mar. 14 Mar. 9 9 2 54 Feb. 7 Mar. 31 11 8 Feb. 1954 Jan. Jan. 5.54 Jan. 154 Mar 30 7$ 100 Jan. 45 Jan. 4 2 Mar. 10 7854 Mar. 8 54 Mar. 10 254 Mar. 1 3 54 Mar. 2 Mar. 13 154 Mar. 38 1854 Mar. 18 1854 Mar. 31 Mar. 30 654 Mar. 4 4 62 Jan. 31 25 8 25 54 Mar, 14 1 254 Mar. 7A Feb. 27 Mar. 21 9 26 654 Mar. 31 2 A Jan. 14 1 Mar.. 10 Feb. 8 Mar. 8 Jan. 4 254 Mar. 8" Jan. IKH 72 2 Feb. 23 9 8454 Mar. 9 54 3 54 1 ^ Feb. Feb. Mar. 2854 Mar. 11 1.3 54 Mar. 16 654 Mar. 13 9 Mar. 6 2654 Mar. 31 6 2 28 A Mar. 11 Mar. 31 5 54 Feb. 8 Jan. Mar. 27 7 55 25 Jan. Mar. Jan. Mar. 17 24 73 23 54 Mar. 23 54 Mar. 3 9 19 3 4 Mar. 8 1654 Mar. 16 1754 Jan. 20 2654 Jan. 24 Feb. 154 Mar. 6 21 103 54 Mar. 24 4 37 54 Jan. 1454 Jan. 13 54 Mar. 3 54 Mar. 30 38 Mar. 30 11 1554 Jan. 7 6 54 Mar. 13 954 Jan. 7 154 Jan. 1654 Jan. 29 54 Jan. Jan. Mar. 10 Mar. 13 7 54 Jan. 254 Feb. Jan. 26 21 5 Mar. 17 Mar. 10 4 17 38 6 25 1654 Mar. 16 20 5 Feb. 154 Jan. 6 18 5-4 Jan.* 27 1554 Mar. 11 1 2 Jan. 25 Mar. 23 24 103 54 Mar. 24 35 54 Mar. 13 Mar. 8 73 Mar. 4 75A Mar. Jan. 34 A Jan. 14 54 Feb. Jan. 1554 Mar. 1354 Mar. 2554 Mar. 6 5 28 Jan. 60 16 54 Jan. 23 54 Jan. 15 Jan. Feb. 54 12 54 2154 102 54 26 54 Sale 8 26 108 16 55 4 3 Jan. 2 Sale Jan. 16 A 1 Sale Mar. 14 9 1554 2 54 3854 14 54 78 Pi 254 Mar. 27 1354 2554 3 54 23 54 Mar. 24 1 12 54 Mar. 2154 Mar. 4 25 254 Mar. Mar. 9 754 Jan. 19 17 54 Jan 11 Mar. 31 Jan. 15 67 54 Jan. 66 54 Jan. Mar. Mar. 3 54 Jan. 3 3 23 54 Jan. 1454 Jan. 154 Mar 108 8454 Mar. 20 10 8 8 31 12 Mar. 17 8 9 27 Jan. 66Pi Jan. Mar. 10 72 20 13 54 Mar. 30 17 54 Mar. 31 12 54 Mar. 7 54 Feb. 10 Mar. 13 Mar 4 Mar. 16 Sale 6 3 Jan. 6 60 1854 27 19 Mar. 28 2654 Mar. 3 17 3 Va Feb. 554 Jan. Mar. 103 54 Mar. Sale 4 Jan. 20 54 Mar 32 Jan. Mar. 21 "2554 254 25 Jan. 8 6 \ 1054 Jan. 36 17 54 Jan. 12 2254 Mar. 31 8 , 17 Sale 2154 Mar. 654 Mar. Feb. 754 Jan. 4 54 Mar. 17 8 Mar. Mar. 21 11054 Mar. 554 Mar. 23 Sale 654 254 25 2654 108 6 54 8 Sale Sale Mar. 15 20 105 15 21 554 154 1654 20 1 Va Mar. 1 3854 Mar. 10 Mar. 31 Sale 8 454 Mar. 2054 Mar. 10 3154 Mar. 14 Mar. Mar. 11 16 19 15 Sale 1554 2 Mar. 11 6 54 Mar. 1654 Mar. 11 70 8 10 Mar. Mar. Mar. Mar. Mar. 2754 554 Mar. 2754 Mar. 55 6J4 2 54 2154 2654 Sale 6 108 Mar. Mar. Sale Sale Sale Sale 14 Mar. 10 1?4 Mar. It 1554 Mar. Sale Mar. 31 754 1154 854 4 54 6 6 54 2 54 2154 2654 2654 10254 3254 1054 Mar. 15 9 13 54 Mar. '54 Mar. Sale 38 Sale 103 50 Sale 54 Mar. 554 Mar. 154 Mar. 103 Mar. Sale 254 254 Mar, 31 7554 Mar. 8 2 54 1 5 1 Mar..31 3 54 Sale 1 Mar. 69 7154 Mar. 1 7054 Mar. 30 654 Mar. Sale 7054 "7154 1354 6 Sale 5 69 72 54 Sale 23 54 Jan. 1554 Mar. 225i Mar. 14 54 Mar. Sale 554 854 154 Jan. 1 13 54 Mar. 30 Sale 12 3 17 54 Mar. 31 13 54 Mar. 15 72 28 8 Mar. 13 Sale 4 Mar. Sale 54 554 154 954 Jan. 6 3 54 Feb. 3 54 Mar, 28 Sale 79 54 23 1 23 54 Mar. 109"" 20 3254 Mar. 31 1954 Mar. 31 Sale 110 10 A 20 A 2 54 Mar. 28 Mar. 31 Sale 7854 54 54 Mar, 30 7 14 154 3654 12J4 6554 54 54 20 6 Mar. 1754 Sale 1454 7554 54 254 8h Mar. 14 1 7 15 Sale 110 10 Sale 37 54 7A Sale 13 54 25 109 Mar. 1554 36 X 71A 554 Mar. 31 1054 15 14 54 70 2 Sale 1654 35 54 12 3 Mar. Mar. 11 20 A 7 A 1454 Mar. 10 Mar. 21 18 18 149 54 Jan. 3 170 54 Mar. 11 4 54 Mar. 31 4 654 Jan. Mar. 31 Mar. 31 1954 17 26 Jan. 6 3 17 72 54 Mar. 7 Mar. 15 Mar. 9 Jan. 5 Jan. 5 Jan. 3 2254 Mar. 31 Sale 59 17 54 Jan. 23 Mar. 1954 7 Mar. 11 8 26 Sale 254 Mar. 17 19,54 Jan. 47 54 Jan. 2054 Feb. Feb. Sale Sale Mar. 31 Jan. 22 54 254 37 9 1654 13 54 1154 654 2954 19 7 Mar. 14 Sale 11 Mar. 14 8 54 Mar.. 1554 Mar. 6 11 17 ' Mar. 31 25 27 254 Sale 2354 7 4 1154 Feb. 17-54 Mar. 17 654 Jan. 30 4 24 17 9 9 Jan. Jan. 854 Mar. 31 4 54 Mar. 8 Sale 3 Jan. Sal 554 1054 Mar. 31 Jan. 85-4 Mar. 31 1 4J4 Mar. 4 54 1854 2 7 4 Sale 3 13 Mar. 1954 954 Jan. Mar. 13 12 Sale Mar. 31 Mar. 16 Sale Sale 7 Mar. 9 7 3 854 254 Mar. 16 Mar. 22 Mar. 8 Mar. 6 Mar. 8 11 14 54 Mar. 19 954 554 3 Jan. Mar. 13 9 14 854 Sale 5 54 454 19 Jan. 8 Mar. 16 7 12 12 9 Jan. 43 4 4 254 54 754 3 54 Mar. 64J4 Mar. 15 19 120 Mar. • Sale 1654 26 3 54 Mar. 454 Mar. 14 A 9 54 954 Mar. Jan. 34 54 Mar. 28 2054 Feb. 254 Mar. 954 1134 5554 Jan. 120 16 9 6454 Mar. 15 3954 Mar. 14 Sale 9 754 7 Mar. 2 Sale 2 Mar. 254 Sale Sale 7 854 Sale 7' Mar. 13 54 13 54 13 54 Sale 13 54 Mar. 18 A 17 18 54 17 54 Mar. 1854 7 A 8 7 Mar. 754 654 43 54 Sale Sale 37 37 Mar. 20 A 32 2154 63 A "70"" 66 73 54 65 Mar. 158 A Sale 155 157 153 54 Mar. 4 54 Mar. 554 Sale 4,34 Sale 10 10 54 954 Sale 954 Mar. 54 Sale 54 Sale 54 Mar. 36 34 A 3254 Sale 325i Mar. 3 A Sale 3 54 Mar. 354 Sale 3 Pi 3 454 3 54 Mar. 454 3 2 54 Mar. 254 254 254 54 Sale 54 54 54 Mar. 7 bale Sale 11954 13 8 59 Sale "40"" 39 7 * _* 5854 121 14 754 1254 1054 5A 29 A Consumers Co— 670 20 20 3/ * 170 100 1/ 1 _ Sale Sale 1 _ 3654 2 Brown Fence & Wire class A__* Common. Sale 5 Bastian-Blessing Co common.* Belden Mfg Co common.... 10 Belmont Radio Corp _* Bendix Aviation Corp com—5 Berghoff Brewing Co 1 Binks Mfg Co capital— 1 Bliss & Laughlin Inc com 5 Borg-Warner Corp common..5 Brach & Sons (E J) capital—* Common 954 54 * _ 140 60 «... 354 454 * 10 Chicago Electric Mfg A 8,650 Chicago Flexible Shaft com..5 Chicago & N W Ry coin—100 1,795 515 30 — Asbestos Mfg Co Preferred * 3,070 Central States Pr & Lt pref..* 2,310 Chain Belt Co common * 1,659 5 1.150 Cherry Burrell Corp com 54,050 Chicago Corp common.__.__i ~3~,l66 6,150 — 24 54 64 Sale Convertible preferred * 2,950 41,350 Central S W TJtil common._50c 290 1,560 21 Sale 3,000 10 26,863 Butler Bros common 5% convertible preferred. .30 3,262 410 850 Sale 554 Bruce Co (E L) common 5 .10 900 Bunte Bros common.. Burd Piston Ring common—1 1,400 10,550 754 4754 150 Va 9,300 1,550 754 12 P2 1954 854 9 50 105 3 54 11 34 2,850 3,550 3,100 50,230 13,900 140 Sale 1854 Equipment Co com 1 common—1 2,150 12,800 1,500 11,845 1,115 954 -5 670 Backstay Welt Co common...* 1 800 Barber Co (W II) common 4,100 Barlow & Seelig Mfg A coih__5 100 850 Sale 130 Sale — capital-.100 common 2,530 Automatic Washer common. .3 3 5,512 Aviation Corp (Del) 1 57,450 Aviation & Transport cap 300 1,600 1,400 1,850 9,450 3,900 Armour & 324 Auburn Auto Co common 950 Automatic Products com—. 270 ! — 43 * 1,050 Associates Invest Co com 2,000 At hey Truss Wheel capital-_ 4 450 75C Amer Tel & Tel Co Mar. 31 Ask Bid Sale 58 - 3,050 Allied Laboratories common..* 1,050 Allied Products Corp cl A—25 Common 10 1,300 _* 3,372 Allis-Chalmers Mfg Co 600 Bid 11154 2,600 Advanced Alum Castings—.5 4,100 Aetna Ball Bearing common. _1 750 Mar. 1 Ask 109 822 Acme Steel Co common-_—25 400 Adams (J D) Mfg common * * 1,400 Adams Oil & Gas Co com 200 1 PU» 2,764 300 SINCE JAN. Jan. 3 * $ RANGE Price Since 1 34 Jan. 30 10 Jan. 5 15 54 Jan. 28 3 54 Mar. 30 Jan. 4 38 23 54 Mar. 23 54 Mar. 3 9 chicago April, 1939] stock 55 exchange AGGREGATE stock It In March Shares 10 260 650 1,015 Since 350 750 * * 12 % 33 8 2,650 Class A - Dodge Mfg Corp common Eddy Paper Corp (The) El Household Util Corp Elgin Nat Watch Co Morse Fairbanks * * 5 15 6 Dredge Co common . 3,250 "463 1,366 400 14,241 1,050 6,200 4,612 10,150 32,836 130 733 "550 3,373 1,100 11,450 820 300 3,875 360 2,055 3,100 4,045 600 200 537 2,425 50 60 150 4 5 ---1 9% Gardner Denver Co common.* 13% $3 20 pref cum cone General Amer Transp com___5 2 12% 4% 10 2% 14% 59 13 3% 31 2% 59 58% Sale 11 Sale 2% 39% 3 Sale 40% * '%t 10 49% 6% 7% Sale Goldblatt Bros lnc common. _* 2,850 7,435 Goodyear Tire & Hub com...* Gossard Co (H W) common. _* 4,000 Great Lakes D & D com * 27,350 "n % Sale Hall Printing Co common—10 Hamilton Mfg cl A part pref. 10 11% General Canuy Corp A common Gen Household Util com General Motors Corp General Outdoor Auv com___* Gillette Safety Razor pref * 2,050 40 Godchaux Sugar lnc class A--* 1,450 Harnischfeger Corp common .10 Helleman Brewing Co G cap__i 13,75* llein Werner Motor Parts 3 1,000 Hibb Spencer Bartlett com..25 1,12° Horders lnc common. * 1,660 Hormel & Co (Geo) com A._ * 650 lloudaille-Hershey— 7,358 * Class B_ 860 Hubbeli, Harvey, lnc com—5 7,890 Hupp 1 Motors common 10 Illinois Brick Co 7,050 Illinois Central RR com 8,582 1.650 Indep Pneum Tool v t c 450 900 Steel Co Sale 11 Sale 3% Mar. 31 12% Mar. 2 2% Mar. 22 3% 4 2% 13 13% 14 59 50 52 Jarvis 36% Sale 11 10% 26% Sale 4% 5% 6% 7 12% 7 Sale Sale 8% Sale 37 11% 23% 11% 24% 17% Sale 10% 12 Sale 2 6% Sale 26% Sale I" 140 70 1,570 28° 50 550 5,70" 750 4.200 8,250 22.100 500 10,510 4,942 6,250 420 700 650 1,900 350 850 100 SO 90 90 500 960 400 450 1,230 70 50 150 760 750 1 ,800 5,050 4,100 30 750 4,900 1,500 90 500 — _ 190 90 Law beck Corp 0% cum pref Leath cc Co ccmmonl Le Roi Co * * * .5 * McOuay-Norris Mfg com * McWilliam Dredge common..* Manhat-Deafborn Corp com.* Marshall Field & Co 9% 29 7 McCord Bad & Mfg "A" * com Convertible preferred Midland Util b% pr lien * 100 7% prior lien ..100 7 % preferred A 100 6% preferred A__: 100 Miner oc Hart lnc conv pref. * Minneapolis Brew Co com 1 Modine Mfg common * * com ! Preferred * Preferred 7% 6% Sale 5 Sale LNational Springfilled com Battery Co pref <m * _* Invest com....* Nat'l Pressure Cooker Co Nat 2 Republic Invest Trust— conv pref Cumul National 31 Sale 2 9% 19% 18% 1% 32% 9% Sale 19 1% 35 Sale 8 26 30 16 17% % 12% Northern 111 Finance * com 1,400 Northwest Bancorp com .* 15,150 Northwest Eng Co common. _* 3,550 Nor West Util pr lien pref..100 1,360 7% preferred. .100 889 Nunn-Bush Shoe common. .2 % Omnibus Corp vtc com Ontario Mfg Co common. 410 * * 1 Mar. 10 Jan. 4 13 7 59% Jan. 17 5 51% Mar. 5% Mar. 7% Mar. 9 6 4 4 9 9 8 Mar. 31 8 35 Mar. 17 11 Mar. 31 15% Sale Sale 11 Sale 11 5% 18% Sale Sale 20% 3 % 9% 1% Sale Sale 4% 13% Sale 3% % 2% 24% 7% 5% 4% 2% 9% 17% 17% 5 Sale 3 Mar. 30 79% Mar. 30 55 Mar. 31 5 2% 3% Mar. 28 4% Mar. 28 4 Mar. 6 Mar. 31 36% Mar. 28 66 Mar. 9 6% Mar. 10 4% Mar. 28 19 15 18 Mar. 18 19 20 Sale 20 18 Sale 18 25% Mar. 15 19% Mar. 15 47% 4% 40 Mar. 31 Mar. 31 Mar. 4 18% Sale 45% 4% 6% 45 Sale 4% Mar. Sale 4 5 Mar. 1 74 Mar. 8 36 84% Sale Mar. 15 Mar. 7 86 86% "7% Sale Sale Sale 3% % Sale 7% Mar. 31 2 3% Mar. H Mar. 7 Sale 2 Sale Mar. 31 30 Sale 8 5% 4% 2% 10 18% Sale 35 1% 9% 87 Mar. 8% 3% % 2% 31 % Mar. Mar. Mar. Mar. Mar. 11 3 4% Mar. 31 Sale Sale 2 Mar. 6 31 Mar. 1 2% Mar. 22 9% Mar. 2 2% 10 Sale 17 7% Mar. 28 Mar. 8 40% Mar. 75 25 Sale 31 Mar. 31 17 7 Mar. 14 Mar. 13 5 23% Mar. 23 2 7% Mar. Sale Mar. 46 2% Mar. 15 Sale 8% 4% 3% Mar. 11 31 3 2% 25 7% % 4% 3* Sale Sale4 Sale 33 Sale Sale 3% 7% % 3% % % Sale rA 21 2% 3* 7% 22% 3% 41 .. Mar. 1 Mar. 15 Mar. 16 Mar. 6 9 6 7% 31% 15% 4 Sale 9 32% 16 5 15% % % Sale 3% Sale % 4% 1% 1% Sale 54 3 Sale 8% 18% 2% 43% 9% 20 3 Sale 16" "17" 6 8% Sale 32 14 15% 4 6 1 19 % 25% 2% 6 12% 7% 14% 41% 12% 12% 16% 10 Sat 1% Sale 2% 7% 13 Sale 16 Sale 14% 14 17% 15% 18 Mar. 31 Mar. 20 5 Jan. 30 Jan. Mar. Jan. Jan. 13% Jan. 37% Jan. Jan. 27% Feb. 28 11% Mar. 8% Jan. 4% Jan. 28 13 Jan. 4 6% Jan. 7% Jan. 34% Jan. 4 27 24 37 Mar. 31 Feb. 4 25 5 Mar. 9 8% Jan. Mar. 31 9% Mar. 31 1 % Mar. 18 17% Jan. 12% Feb. 2% Jan. 3 16 5 4% Mar. 31 6% Jan. 20% Jan. 22% Jan. 11 13% Mar. 31 19% Jan. 25 13 Mar. 30 3 79% 52% 2% 2% 15% Jan. 4 Jan. 26 94% Jan. Jan. 26 66 Jan. 10 6% Mar. 10 Jan. 11 5 Mar. Feb. 26 19 Mar. 7 Mar. 31 26 Jan. 4 18 Feb. 24 19% Jan. 5 39% Jan. 24 46 Mar. 14 Jan. 26 5 Mar. 13 Feb. 16 4 Jan. 74 Mar. 8 29 Jan. 3 .7% Mar. 28 79% Feb. 15 40% Mar. 2 Jan. 3 87 Mar. Jan. 23 12 8% 3% % 2% 31% 3% Mar. Jan. 12 25 Jan. 6% Jan. 31 4% Mar. 31 9 5 69% 7% 3% % Mar. 7 2 Jan. 25 30 Jan. 21 2% Mar. 15 Jan. 22 2 Mar. 6 29 Jan. 9 2% 9% 19% 18% 1 % Mar. 2 Mar. 2 Mar. 10 Mar. 9 Mar. 9 2 Jan. 3 9% Jan. 28 17 30 Mar. 31 16% Mar. 28 1% Jan. 13 1 18 Jan. 4 Mar. 11 Feb. J an. 6% 5% 32% 2% 9% Mar. 20 Jan. Jan. Jan. 20 Jan. 3 27 Feb. 10 32 15% % 14% 4% Mar. 3 "Mar. 9 Mar. 4 Mar. 24 14% % 10% 4% Jan. 27 Jan. 19 16% Jan. % Jan. 26 Mar. 13 28 Mar. 26 Mar. 13 Jan. 6% % 3% 2% 2% % % 2% 8% 181% 2% Sale Sale Sale Sale Sale % % 3% 9% Sale 7 1% Sale Sale 2 2 1 24 28 22 31 9 Mar. 13 20 Mar. 10 8 1% % Mar. 25 18 Sale 1 Sale Sale Sale 10 5 Mar. 21 17% Mar. 22 1 Mar. 28 20% Mar. 31 2% Mar. 21 1 30% Jan. 25 13% Mar. 22 Mar. 17 % Mar. 25 Jan. 17 18 24 Mar. 28 1 20% Mar. 31 2% Feb. 24 24 41% Mar. 31 13% Mar. 22 17 17% Mar. 22 14 13 Mar. 8 7 30 Mar. 10 13 Mar. 15 Mar. 31 16% Sale Mar. 16 9 Jan. 10 % Jan. Feb. 31 9 9 Feb. 24 22 Jan. 16 7 1 2% Feb. Mar. 1 8 Mar. 15 34% Mar. 23 15% Jan. 4 5 Mar. 21 Jan. 28 19% Jan. 1% Jan. 10 1 27 3 12 Mar. 10 Jan. 12 1 7% Feb. 12% Jan. 7 Feb. 15 9 20% Mar. 16 6 47% Feb. 14% Jan. 40% Jan. 26 Mar. 11 Mar. 9 13 Jan. 31 13% Jan. 4 Mar. 2 12% Jan. 15% Jan. 28 20 30 20 Feb. 25 14 Mar. 11 12 Feb. 14 14 Mar. 11 7% Mar. 30% Mar. 29 7 14 7% 28% 13% % Jan. 4 Jan. 17 12 17% Mar. 27 7 Sale 8 30% 14% Mar. 15 Mar. 31 20 8 Sale 13 43 Jan. Mar. 17 7% 29% 41% Mar. 18 26 41% 13% 12 44 28 18 9 12 40% Jan. Jan. 48 4 3% Mar. 30 3% Mar. 30 7% Jan. 12 18% Mar. 31 7 2% Feb. Jan. 7 % Jan. 5% Mar. 11 6 Sale , 3 11 11 7 9 4% Jan. 8% Mar. 10 24 34% Mar. 23 13% Mar. 22 5 Mar. 21 2% Mar. 29 Mar. 18 7 21 11 Jan. 2 7 Mar. 10 3 Jan. 16 21 14 27 5% Jan. 28% Feb. % Feb. % Jan. % Jan. Mar. 15 7 19% Mar. 1% Mar. 11 6 4 17 24 17% Mar. 31 1 Feb. Feb. 3 7 14 Mar. 31 Mar. Mar. 18 Mar. 31 Mar. 31 Sale 3» Mar. 11 15 6% Mar. 31 % Jan. 19 11% 8% 20% 46% 15% 11 15 1 Mar. 27 Mar. 3 Sale 14 Mar. 8 Mar. 31 3 Mar. 24 Mar. 15 31 5% Feb. 27 Mar. 24 3 43 13% Mar. 22 % 7 Mar. Mar. 11 10 11% 8% Mar. Mar. Mar. Mar. 44 14% 6 20% 2% 8% % 5% 3% 3% 43% Mar. 1 41 % Mar. 18 15% Mar. 9 7 Sale 5 Sale 11% 8% 16% 41% 12% 19% 8 13 1% 18% 1% 24% 2% Sale 6 33 31 2 31 8 10 7 9 30 30 3 42 17% . 6% Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 18% Mar. % 3% % % % % 2% 8% M^r. 6 4 18 32 4 2 1% Jan. 33% Jan. Mar. 6 Mar. 11 21 4 25 18% Jan. Mar. 31 21 3 Mar. 16 7 Feb. 1 30 Mar. 16 30 Mar. 31 7 Jan. Mar. 29 Mar. 1 Mar. 3 Mar. 2 Mar. 31 Mar. 1 Mar. 31 7 Feb. Mar. 31 "3" Mar."31 9 24 20 5% 29% 15% % 10% 4% Sale 6 11 3 4 1 30 3 3 Jan. Feb. *-Mar. 3 1 6 Mar. 30 6 5% Jan. Sale % 10% 4% 27% 4 10 11 Mar. 31 Sale Sale 13% % Sale Sale 28 11 5 11 Mar. 25 5% 30% 1% 9 11 5 10 Sale 16% 7 3 22 32% Mar. 16 4% Mar. % 51% 6% 8% 16% Mar. 28 1% Mar. 31 16 43 14% Mar. 18 Jan. 30 1% Sale 1% Jan. 11 16 4% 42% Mar. 25 11 24 Mar. 7 Mar. 3 Mar. 16 Mar. 21 Mar. 11 24 11% Feb. 2% Jan. Jan.-28 26% Mar. 31 1 6% 18% 21% 3 % 93% Jan. 60 7 Mar. 23 Mar. 29 7 16% Mar. 10 11% Mar. 15 1% Mar. 1 Mar. 13 2% Mar. 10% Mar. 31 2% 36% % 41% 5% 6% Mar. 20 6% 28 Sale 50% Mar. 22 12% Mar. 25 Sale 29% 14% % 14% 4% 25 ..... 3% Mar. 31 16 sih Sale Mar. 3 80 55 Sale 31 27 3% 78 Sale 3 4% Mar. 31 13% Mar. 31 20 Sale 35 31 . Sale 2% Mar. 31 9% Mar. 31 1% Mar 18 21 20 92 3% 5% 5% Mar. 8% Mar. 31 6 Mar. 30 6 Sale 14% 11% 1% 3 % 10% Mar. 10 Mar. 3 Sale Sale 24% Mar. 15 14% Jan. 20 4% Mar. 23 25 Sale Sale 61% Mar. 31 Jan. 59% Mar. "l 11 % Mar. 2 2% Mar. 4 42% Mar. 25 8 24% Sale * 10 Mar. Sale Standard— stock 5% Mar. 31 25 % 12% 5% 100 Muskegon Mot Spec class A__* Nachman 2% 31% 25 _ Monroe Chemical Co Sale Sale 29% Midland United Co common..* 9 18 Feb. 6 Oshkosh B'Gosh lnc—■ * Common 400 Convertible preferred 800 Parker Pen Co (The) com Pea body Coal Co B com 50 1,400 "700 2,400 40 6% preferred Penn Elec Switch conv * 10 * 100 10 A 1.250 Perm Gas & Elec A com 50 5,798 Pennsylvania BR capital 4,728 Peoples Gas Lt & Coke cap 100 250 1,410 Perfect Circle (The) Co 750 Pictorial Paper Pkg com * 5 950 3.750 Pines Winterfront common 1 7951 1*.9901 1,990 Poor & Co class B 320 8 3% % 2% 3 10 340 2,432 1,776 Sale 22 common 300 50 6% 10 Preferred.. Lion Oil Bel' Co Sale * common 110 m. 9 Jan. 35 11 37 36 45 4% * 100 m 20 14 11% Mar. 8% 45 100 Cumulative preferred Common 933 6 Feb. 24 Mar. 27 14 Mar. 22 Sale 8% 21 2,100 National Union Radio com 1 3,650 Nobiitt-Sparks Ind lnc cap. .5 11,150 North American Car com 20 5,500 Northern Paper Mills com * 50 20 — 19-% Jan. 26 32% Mar. 30 Jan. Mar. 12% Jan. 7 27 8% 7% 18% 26% 5 La Salle Ext Univ common 1,920 Nat'l Bond 385 520 26 15 Mar. 31 5 26 81,800 Mer &, Mfrs Sec cl A com 1 15,900 Prior preferred * 2,190 40 Metrop indust allot etfs__! Micketberry's Food Prod com.l 4,950 Middle West Corp capital 5 174,710 5,250 20,870 1 Jan. 3 4 3 27 Feb. 12 16 Mar. 25 9 20% cum 2,70° Liquid Carbonic common 1,010 Louaon Packing common. 2.10O 200 Lynch Corp common 210 Mar. 31 7 14% Feb. 24 Jan. Jan. Jan. 10 Sale 5% 17% 23% 17% l,70o .* 6.247 tabby, McNeill & Libby Lincoln Printing Co com __* 5.50O S3.50 preferred. * 830 60° Lindsay Light & Chem com.10 5° Mar. 30 Jan. 5 9% 12% 35 % 8% 16% 3% •22% 43% Jan. 22 3,550 140 16 2 Sale 1,950 2,880 Feb. 10 2% Mar. 22 11 Sale Sale * Preferred Kentucky Util jr 6% preferred 370 30 19 Mar. 31 Mar. 13 15 Mar. 2,600 ""30 3 41% Mar. 31 5% Mar. 20 6% Mar. 29 5 1 com Sale 6 6% 9% 5% 89 4 Sale Sale 42 Sale 6 4% 94% (W B) Co capital 2,245 380 3 Jan. 11 Mar. 9% 3% 40 Jan. 4% 6% 10% 32% 59 11 87% 1,790 3 18 13% Mar. 6 4% Mar. 23 12 7% 9,010 Mar. 36 83% 2,450 51,340 9 Mar. 10 Mar. 18 Sale 820 Mar. 31 Mar. 26% Mar. 31 69% 2,900 15,950 6,050 Mar. 15 Sale 10% 70 50 Mar. 50% Mar. 22 10% Mar. 31 2 % Mar. 23 39% Mar. 20 Sale 20 93 10 36 840 8% 16% 3% 22% 42% 26% 9% 80 450 11% Mar. 11 35% Mar. 3 Sale Sale 11 Sale Sale 505 Mar. 31 13 5 11% 4% 23 60% 2% 2% 16% 41% 4% 6% 71 20 1 Highest Sale Prices 19% Jan. 17 Sale Prices 30 Sale 37 200 6 33 ll % 33% 10% Sale * 10% 2% 40% 85 1,450 4% Mar. 8% Mar. 63 Sale 12 Sale Sale Sale 200 2% 13 29 1,200 19% Mar. 22 32% Mar. 30 Sale 2% 70 2,287 Mar. 27 11 100 650 Mar. 21 3 32 pref..50 100 Ken-Bad Tube & Lp com A__* 600 Kerlyn Oil Co common A 5 5,250 Kingsbury Brewing Co cap 1 5,300 12,300 2,800 Mar. 31 15 Sale Sale 41 120 7 Sale 29 com.5 1 Kellogg Switchboard com * 8,450 5,900 •» Sale 7 16% 20 ""7% Sale 33 20 capital Jefferson Electric Co 49% 21 950 Joslyn Mfg & Supply Co Katz Drug Co common. 3.250 200 10% 32% Mar. 30 7 22 Sale 6% Sale * Indiana Steel Prod com—1..1 Inland 2% 100 1,243 lnternat Harvester common..* 5,803 Interstate Power $7 pref—_.* 70 $0 jireferred * 410 Iron Fireman Mfg Co vtc * 810 8,500 30 Mar. Sale Prices Mar. 13 18 Sale 450 940 4% Mar. 15 6% Mar. 31 34 63 12% * 3,100 250 Mar. 13 18 5 Sale Sale 3 Sale 13 5 1 420 420 - General Finance Corp com 4,714 100 4% 6% 10% 14 3% 20% 40% General Foods 280 750 12 2!" Sale 8 15 59% 11% 2,338 4,7f 0 19% % 42 10 Drive Auto 1,150 1,079 35 Sale 5 Sale 11 35% 8% 16% Sale Lowest Highest Sale Prices 18 24 4% 8% 10% 34% Lowest Ask Fitz Simons & Conned Dock Four-Wheel 200 3 * Sale 15% 14 * common 5 Sale 9 Mar. 31 1 Ask Bid Bid Sale 4% 1,150 Fox (Peter) Brewing com 6,450 Fuller Mfg Co common 8,650 3,400 1,915 18 90 De Mets lnc pref Ask 0 940 Dexter Co (The) common Diamond T Motor Car com__2 2,950 3.900 Bid 1,030 1,820 Dixie-Vortex Co common—_* 1,300 1,550 10,140 5,255 1,870 Mar. 1939 Par Shates 450 832 1 Price STOCKS Jan. 1 600 700 exchange Jan. 3 250 4,000 2,855 RANGE SINCE JAN. PRICES IN MARCH chicago SALES For footnotes see page 56. t 7% 25% 15% % 8 27% 16% % 50 12 % Sale 4 Sale Sale 26 Sale 3% 4 %. Sale 15% 16% % 50 20 15% 3% 24% 38% 14% 4% 22% 37% 26% 3% % 14% 15% 5% Sale Sale 27% 4 Sale Sale Sale Mar. 2 14 Mar. 16 % Mar. 13 50 15 15% 4% 14% Mar. 2 16 Mar. 7 5 19% 35 27% 4% 19% Mar. 28 34% Mar. 28 23% Mar. 38% Mar. 27 29 4 19% 33% 26 3% % 10 , 11 27% Jan. % 5 Mar. 24 3% Mar. 16 % Mar. 11 % Mar. 22 Mar. Mar. 4% Mar. % Mar. 14% Mar. 7 7% Mar. 8 30% Mar. 29 9 15% Jan. % Jan. 10 7 % Jan. 16 Feb. 7 31 Feb. 13% Feb. 3% Jan. 13 18% Jan. 26 16 Mar. 14 30 Mar. 14 7 Mar. 15 13 % Mar. 16 20 Mar. 10 26 34 Jan. 25% 3% % 11% Jan. 31 Feb. 17 Feb. 2 Mar. 22 5% Feb. 24 4 24% Jan. 6 40% Feb. 29 Mar. 9 4% Mar. 8 % Jan. 10 4 16% Jan. 56 CHICAGO EXCHANGE STOCK AGGREGATE Jan. 3 STOCKS March Jan. 1 Shares 30(1 1939 Shares Par 850 Potter Co (The) common 1 9,330 Pressed Steel Car common—1 250 Process 770 Corp common 2,800 Quaker Oats Co common 350 Preferred 590 350 Rath Packing common 550 1,550 Raytheon Mfg Co com 750 1.550 160 140 400 130 850 180 110 42 190 1,050 3,050 580 150 2,841 250 750 4,830 3,263 1,670 1,350 2,698 3,538 353 4,000 350 2,600 mm m m. 200 . — 1 * Sangamo Electric Co com * Schwitzer Cummins capital—1 Sears Roebuck & Co com * Serrick Corp 70 Sou Colo Power A common..25 7% pref__100 230 Southwestern Lt & Pow pfd__* 2 7,763 Spiegel Inc common 126 Si Joseph Lead capital 10 310 St Louis Nat Stockyards cap..* 2,250 Standard Dredge conv pref__20 Common 1 7,300 661 Standard Gas & Elec com * 12,624 Stand Gil of Ind capital 25 680 Stein & Co (A) common * 150 Sterling Brewers lnc common. 1 8,797 Stewart-Warner Corp com 5 10 1,100 Storkline Furniture com 5 1,990 Sunstrand Mach Tool com 14,899 Swift & Co capitai stock 25 15 7,874 Swift Internacional 3,145 2,950 6,047 7,191 1,585 11,850 3,700 4,350 Thompson (J R) Trane Co 25 950 10 150 % % Mar. 9 Mar. 9 8% 12% % % Sale 117 Mar. Sale 151 Mar. 160 154% 152 Mar. 28 29 27% 29 1% 1% Mar. 1% 2 % Mar. % Sale 1 9% Mar. 9% Sale Sale 117* 23 30 % Mar. 10 12% Mar. 3 22 123 4 154 Mar. 10 30 30 Mar. 14 2 30 1% Mar. 2 % Mar. 17 10% Mar. 1 31 Mar. 4 Jan. 3 Jan. 5 Jan. 27 Mar. 10 Jan. 20 30 Mar. 14 2 Jan. 12 % Jan. 23 11 Jan 5 % % Mar. 23 14% Mar. 30 % % Feb. 3 113% Jan. 27 123 151 Mar. 4 157 9 28 Mar. 30 1% Jan. 26 % Mar. 30 9% Mar. 31 2X Sale 19% 24% Sale 9X 2% 18% 27 Sale 10 9 73% 25 28 15 15% 12% 26% 10% 2 4 1% 105 103 90 78% 15% Sale 18 , 1% 105% 90% 15% 11 12 5 6 8% 18% 27% Sale Sale Sale 1?M 5% 9% 19% 27 1 Sale 8% Mar 69% Mar 23 22 22% Mar 11% Mar 30 77% Mar. 2% Mar. 26% Mar. Mar 10 10% Mar. Mar 31 20 Mar 24 Mar 13 107% Mar. Mar. 22 90 22 23 12 13% 10% 89% 10% Sale 36 71% 10 Sale 1% 4 12% 3 Sale 2 Sale 6% Sale Sale 27% 10** 90 Sale 37 73% 10% Sale 26% 10 12 2% 7% 5% 8% 18% 26% 2 Sale 3 26 Sale 1% Jan. Mar. 28 Mar 11% 10% 19% 13 1% 3% 26% 11% 9 Mar Sale d* J* 2% Mar. 18% Mar. 32* Mar. Mar Sale 10 22 iS* 27 18% 28 2 Mar Sale 2 74% 70 12 2 1% 3 h 3: 28% Sale 10 12% 3 % 2% 12% Sale Sale 70 Sale 40 39 "58"" "so"" 1% 16% 28% 8% 2% 9 Sale 19 19% Sale 73% Sale 254. Sale 9% Sale 3% Sale Sale Sale Sale Sale Sale Mar 10% Mar 39% Mar 3 31 21 72 Mar 8 9% 1% 3% 26% 11% 2% 7% 5% 8% Mar 30 Mar 29 Mar 22 13 18 Mar 31 20 Mar 31 18% Mar 26% Mar 31 28 Jan. 27 27 20 Jan. 5 90 Jan. 7 16 10% Mar. 31 39% Feb. 27 72 Mar. 8 9% Mar. 30 1% Mar. 29 3% Jan. 24 5% Mar. 10% Mar. 19% Mar. 31 Jan. 26% Mar. 15% Jan. 10% Mar. 104 11% Mar. Mar 3 17% Jan. 1% Jan. Mar. 27 20 Mar. 14 10 77% Mar. 13 9 Mar. 28 6 2% Jan. 19% Jan. 26 32% Mar. 8 14 Mar. 22 22% Mar. 30 10% Feb. 21 16% Mar. 39% Mar. Mar 9 30 25 2 Mar. Mar Mar 25 Feb. 8 Mar. 12% 1% 3% 28% 12% 2% Jan. 66% Jan. 1% Mar. 74 Mar. 23 Mar. Mar. Mar. 26 Jan. 26 Mar. 11 Jan. 26 2% Mar. 28 7% Mar. 31 7 5% Jan. Mar. Jan. 23 18% Jan. 27 8 Mar. 26% Mar. 31 107% 90 600 1,089 350 1,124 17,600 * Jan. 75 13% 2% 3% 29% 12% Feb. 2 21 19 10 Jan. Jan. Mar. 13 Mar. 13 Jan. 6% 10% 19% 28% 5 Feb. 2 Mar. 4 Jan. 19 Feb. 17 16 14% Mar. 16 15 Mar. 13 Jan. 26 3% Jan. 15% Jan. 75 Mar. al 88 Mar. 75 Mar. 31 Jan. 4 Sale 13 Sale 10 Sale 10 Mar. 31 Mar. 4 Sale 99% Sale 91 Jan. * 2% Sale 1% 5 5 % Jan. Feb. Mar. Jan. Jan. Jan. 26 common. .5 9% 90% 1 % % 1 % 15% 39 Jan. 25 % Feb. 16% Jan. 28 Gypsum Co common.___20 com common Common. 7 Sale ily< * 1 i * 20 % ii* 4 15 3 • 1% Salo 1% 20 39 * Common * 11,150 2 2,850 Woodall Indust common 2,201 Wrigley (Wm Jr) Co capital. _* 1,000 2,976 38,950 Ex-dividend. 20 Feb. Jan. Sale ^ayne Pump Co capital x 7 16% Mar. 7 42% Jan. 16 Sale 3,702 3.C98 ^ V ^ V , ■ 4 X V-V -A.TX A p C/VXJ I mm*. 1,950 Wieboldt Stores Inc com..._* Cum prior preferred 20 * * 800 Williams Oil-O-Matic com No par value. 6 16 Mar. 30 1 18% Sale 143% 160 .51% Sale 32% Sale 23% Sale 118 8% 80 119 Sale 90 2% 3 4% 5% Sale 5% 1 17% Sale 160 145 52% 29 22% 111% 7% 80% 2% 1% % 1% 15% 38% % 17% Sale 30% Sale Sale 8% 90 2% 46% 24 19% 96% 7% 83 2% 3% 94 Sale .% Sale 3 93% 1% % 1% Mar. 22 3% Mar. 3 13% Mar. Mar. 30 107% Mar. Mar. 23 1% Mar. 1 % Mar. Mar. 1% Mar. Mar. 31 20 Sale Mar. 9 Sale Mar. Mar. Mar. Mar. Mar. Mar. 13 1 % M ar. 18 17% Mar. 31 18% 6 167% 167% Mar. Mar. 22 47 46% 54% 27 25% Mar. 28 30% 20 19% Mar. 22 23% 98 98% Mar. 30 117% 8 Mar. 28 10 8% Sale Mar. 31 83 83" 2% 2% Mar. 17 2% 165 6 10 15 4 11 Mar. 11 Mar. 31 Mar. 17 155 44% 25% 19% 98% Jan. Jan. Mar. Mar. Mar. 23 23 16 25 30 9 4 26 28 22 90% 13% 112% 2% % 1% 18% Jan. Feb. 5 6 Feb. 6 Feb. 21 25 Jan. 6 18% Mar. 13 6 167% Mar. 54% Mar. 10 39 Jan. 32% Jan. 24% Jan. 3 4 5 30 119% Jan. Mar. 11 10 8 Mar. 28 Mar. 31 4 83 80% Jan. 2% Jan. 11 2% Mar. 17 isconsin Bankshares— 3,300 2 4 9 14% 3% Sale 15 Mar. 22 Mar. 1% Jan. 4 75 260 337 Highest Sale Prices Sale Convertible preferred 13,548 10% Loioest Sale Prices 3% 14% 84% Utah Radio Products Utility & Ind Corp 1,350 Wahl Co 10,o76 92 % Highest Sale Prices Sale 2 90 Viking Pump Co common.___* Preferred * 100 5,542 2 Lowest 90% 12% 110% common common Union Carbide & Carbon cap.* United Air L Transp capital-.5 U S 27% 1% Ask Hosiery Mills— Common 520 Southw G & E Co 10 1,450 1,329 150 .J* 12 11% 6% preferred vtc class B common _1 230 Signode Steel Strap Co pf___30 Common * 1,250 180 Sivyer Steel Castings com * 2,500 South Bend Lathe Wks cap__5 m. 4,500 152 10% 10 v t c 50c 170 Ross Gear & Tool common 204 3,773 % 121% 5 3,100 2,800 10,861 2,800 40 2,987 * 100 Ask Bid % Sale Sale h 1% 117X Sale 14 % 29 34.000 150 800 * Bid Sale Prices Mar. 31 Mar. 1 Ask 26% IX h Rollins 1,800 1,950 4,274 — Bid 820 Reliance Mfg Co common—10 290 17.450 1 Price STOCK EXCHANGE Since 1.945 RANGE SINCE JAN. PRICES IN MARCH CHICAGO SALES In A "ik" "~i% 8% 20% 9% Sale 5 4% 78% 1% 8% 18% Sale 4% 4% 80 Sale Sale Sale 4 77% 1 % 8% 16% 4% Mar. 24 Sale 79% 1 % Sale Sale 4 M ar. 31 1 5% Mai. 5% Mar. 13 4% Mar. 24 Mar. 14 77% Jan. 10 1 % Mar. 22 77% Mar. 30 80 1% Mar. 22 8% Mar. 22 16% Mar. 31 1% Mar. 9% Mar. 20% Mar. 1 9 4 Mar. 31 Jan. 13 15% Jan. 26 5 5% Jan. 5% Jan. 80 2 19 18 Mar. 14 Feb. 9% Jan. 22% Jan. 1 20 4 Baltimore Stock Exchange MONTHLY AND YEARLY RECORD PRICES ON BALTIMORE STOCK EXCHANGE RANGE OF 1938 54,855 149,268 Shares_ 56,744 164,121 Jan. 1 to March 31 AGGREGATE SALES Shares Shares 7.000 "T,o66 "i",555 BONDS 200 Cii,y 4s Dock Impt ____1961 Bait Transit Co 4s flat 1975 404,400 144,650 16,000 16,000 65,500 2,000 7,000 1,000 1,000 5,000 3,000 1,000 1975 A 5s flat B 5s. 1975 Finance Co of Amer 4%.-1942 4% 1947 Ga Caro & Nor ext 1st 6s_ _1934 Ga Sou & Fla Ry 5 % Interstate Co 5 % 1945 1945 1946 1948 _ 5%.... 5% 1 5% 1949 5% 1950 3,000 Read Drug & Chem 5%s._1945 "2",556 STOCKS 557 _* 50 720 Atlantic Coast L (Conn) ' 2,088 Bait Transit Co 708 * com vtc 1st preferred vtc 4,472 * * 713 Black & Decker common 48 Brager Eisenberg Inc com—50 * 2,229 Consol Gas E L & Power 6 3 644 _ 1,672 2,410 5% preferred 100 1 1,154 Davison Chemical Co com 1,424 Eastern Sugar Assoc com 1 Preferred 1 1,344 1,931 Fidelity & Deposit 20 911 Fidelity & Guar Fire Corp—10 648 425 100 584 485 138 2 318 Finance Co of Am class A- _—5 2 6 % preferred 100 11,462 Houston Oil preferred __100 * 134 Mfrs Finance common v t 5,969 129 130 Guilford Realty Co com 10,417 3,700 244 22 1st 202 Mt Vern-Woodb 11 667 1,105 Mills 476 Penna Water & Power 20 158 Seaboard Comm'l com com 46 Phillips Packing Co pref 170 5% preferred 50,004 U S Fidelity & Guar 324 Western National Bank 304 No Sale 20% Sale Sale Sale 24 Sale 86 par value, x 25 ..... 121»% Mar. 7 121% Mar. 7 20% Mar. 31 23% Mar. 6 25 Mar. 3 27% Mar. 15 85% Mar. 1 86% Mar. 30 1 99% Mar. 24 100 45 90% 99% 99% 101% 101 Mar. 28 7 Mar 15% Mar. 20 45 Mar. 28 100 100 101 Mar. 15 101 Mar. 1 101 Mar. 15 Mar. 1 100 99% 102% 20% Sale 31 35c Sale Sale i52%Mar.""3 102% 1.50 Sale 21% 23 Sale 39c Sale 1.50 Sale "70"" ::::: 102% Mar " 3 78 ""5% "5% 12% 119 32 10% 14% Sale 35 11% 116% Sale - 16% Mar. 22 Mar. 22 1.30 Sale 74% Sale 114 Sale Sale 74 6 4% 13% Sale 125 119% 125% 120 32 Sale 31% Sale 31% 10% 11% 10% 11% 10% 5% 18% 50 7 4 Mar. 1 112% Mar. 22 Mar. 31 Mar. 13 Mar. 31 4% Jan. 23 12% Jan. 13 Mar. Mar. Mar. Mar. Mar. 10 Mar. 24 28 Mar. 28 31 Mar. 9 31 Mar. 22 16 Mar. 6 Jan. 117 10% Jan. 4 2.06 Jan. 25 Mar. 30 Mar. 30 50 1 Mar. 13 17% Mar. Sale 1.00 90c Sale 85c 95c Sale 82c 16% 16% 26% 27 239 15 240 Sale 27% Sale £242% Mar. 15 Mar. 26% Mar . 11% Mar. 36 39H Sale 36 42 12 1 Sale 43 Mar. Mar. 13% Sale Sale 12% Mar. 83% 12% 35 19% Sale 31 Sale 21% 32% 38 Sale 18 85c Mar. 10 11 Mar. Mar. 82c Mar. 14 24 33 25 6 17 9 19 6 _ Jan. 8% Jan. 6 30c Mar. 15 1.40 Jan. 3 1.40 Jan. 11 35% Jan. 13 Jan. 27% Mar. 15 1% Mar. 31 25 Jan. 9 1.00 Jan. 4 35% Jan. 42% Jan. 11% Jan. 28 45 Mar. 15 16 43 Mar. 31 1.00 Feb. 24 14% Jan. 1.25 Jan. 31 88% Mar. 10 45 Mar. 15 43 Mar. 31 13% Mar. 11 26 12 Sale 67% Mar. 68 Mar. 30 67% Mar. 23 13 Mar. 13 Mar. 21 13 36% Mar. 19% Mar. 38 Mar. 14 36% Mar. 24 19 Jan. 12 Mar. 8 25c Mar. 84% Mar. 10 23% Mar. 10 33% Mar. 24 83% Jan . 20c Jan. 73 Jan. 31 Feb. Jan. 17 Mar. 4 27% Mar. 15 2.00 Feb. Jan. 7 26 12 27 6 25c 4 84% Mar. 10 20 3 68 Mar. 32 13% 38% 23% 33% Jan. Ex-dividend. 4 12 5 224 Mar. Mar. Mar. 2.00 Jan. 5 19 4 17 20c 32 21 £242% Mar. 30 30c Sale Sale 2.10 Jan. 22% Jan. 19 Jan. 80% Mar. 117 Jan. 8% Jan. 5% Jan. 14% Jan. 128% Mar. 35% Jan. 10% Mar. 3 % Feb. 17 4 £242% Mar. 30 1.20 Mar. 28 "37% 24% Mar. 10 31% Jan. 3 65c Jan. 21 17 88% Mar. 10 20 3 Mar. 23 27 Feb. 5c I.60 Mar. 81 7 65c Feb. 6 86% Mar. 12% 34% Mar. Mar. 13 81 '81% * 100 _10 28 21 Sale foe* 2 Feb. 28 68 82% 86% Sale' Feb. Feb. 17% Jan. Sale 1.15 Sale 31 Mar. 15 Mar. 30 10c 2 Jan. 50 Mar. 25 Mar. 14 Mar. 20 Mar. 28 Mar. 30 Mar. 16 Mar. 15 Mar. 1C Mar. 11 Sale .2 9 31 % Mar. 31 % Feb. 39 50 2 26 6 Mar. 30 Mar. 30 Sale" 35 10 1 Mar. 11 1.30 Mar. 31 27% Jan. 95c 230 100 100 3 Mar. 24 Mar. Mar. 20 II* 101 31 101% 28 101% 28 101 7 102% 17% Jan. 26 16% Mar. 22 4 71 Jan. Mar. 11 112% Mar. 22 14 50 Sale Mar. Mar. 23 _ 20% Jan. 21 Mar. 23 15% 16 25% Sale 31 30c 5c 35% 102% Feb. Mar. 24 65c 1.40 Sale Feb. Mar. 24 if 17% Sale Feb. Mar. 10 21 2 19% 101 Mar. 24 49% 19 Jan. 20% Mar. 20 19 Sale 9 23 Mar. 15 101 30c Mar. 11 1.30 Mar. 31 21% Mar. 11 Sale 86% Mar. 30 Feb. Mar. 28 Jan. 35c 6 115% Sale II" 10 12 102% Feb. Jan. 17 100 Mar. 26 101 101 21% Sale 19 20% 22 16% Jan. 96 101 101 100 Sale 84% Jan. 101 100 99% 99% 99% 99 % Highest Sale Prices Sale Prices 108 % Jan. 27 108% Jan. 27 121% Mar. 7 121% Mar. 7 J an. 3 24% Jan. 21 20 3 27% Mar. 15 22% Jan. 101 101% 101% 99% 15% Mar. 20 30 Preferred 150 46 ♦ Sale 82% 100% 101 96% 97 Highest Sale Prices 6% Mar. 13 1 com. 5,822 North Amer Oil Co com. 447 Northern Central Ry 1,700 Owings Mills Distillery 200 14,955 Ask Lowest Lowest Sale Prices Mar, 31 Ask Bid 22 % 90c 53 National Marine Bank 16,495 New Amsterdam Casualty. 188 RANGE SINCE JAN. * -.1 1,231 Mereh & Miners Transp * 766 Monon W Penn PS 7% pref_25 300 120 Bid 20 3 Maryland & Pa RR com—100 15 Mercantile Trust Co 50 1 662,450 ., 100 preferred 2d preferred 19,779 Mar Tex Oil Common class A 4,415 575 3,936 3,587 Ask 1 2,344 Martin (Glenn L) Co com 8 Bid 2 17 22 — par 10,406 Arundel Corp 3,312 134 Mar. 1 1939 BALTIMORE CITY BONDS- 400 City 3 %s Four Million.... 1945 "'"200 — Price Since Jan. 1 2,000 Jan. 1 to March 31 Jan. 3 In "l"5"66d _ PRICES IN MARCH BALTIMORE STOCK EXCHANGE March 116,700 46,750 6,000 March 1938 $152,400 429,750 1939 $189,950 Bond Sales 1939 Stock Sales March / 30 Jan. 25 Mar. 10 Mar. 24 RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales 1939 March Shares, Jan. 1 to March 31___ ___ 1939 1938 March $38,700 $33,700 Jan. 1 to March 31__. 117,000 56,550 Bond Sales 1938 516,113 1,365,544 514,790 1,259,988 AGGREGATE BOSTON SALES STOCK In _ _ Shares 5s A 4)4s '48 __1948 82 6s -.1948 88X 6s 1948 88X St RR ser STOCKS Shares 400 Bid 95 14,503 944 10 25 3,185 2,931 3,459 969 15 506 234 Common Preferred ioo Prior 100 10 20 9,182 1,919 13,074 5,386 150 320 1,418 100 100 1st pref stpd 100 1st preferred class B 100 1st pref stpd____100 Class C 1st pref class C 1,186 5 100 Class D 1st pref stpd Class D 1st preferred 46 5 100 a Class a 154 620 608 (stamped) preferred. 1st pref stpd 1st preferred class a Class 2,277 10 528 21 80 980 Brown & Ditrrel Co 450 100 140 Cliff " 114 593 1,449 1,032 783 145 Preferred ;_25 * 801 144 1,318 ; _ 614 513 9,027 137 1,572 15 1,452 11,269 ""'995 411 100 National Ser Co common 355 National Tunnel & Mines 5,288 975 434 350 2,959 6,636 600 4,007 N Y N H & Hartford 62,750 North Butte 20 Northern RR (N 14) 2,902 Old Colony • _4,710 100 475 4,713 321 6,650 300 ""'462 1,180 * * Bros 75c 35c Sale 7 Alar 9 85X Mar. 1 Jan. 12 90 Mar. Feb. 17 94 J an. Jan. 9 94 Jan. Mar. 15 170 Sale IX Sale 1 5X 75c Sale 1 IX 68)4 22 Sale 4 Sale 32 X IX 5X 2 25c ~~2X 13 1 3X V/s Sale 2)4 IX 2X IX "234 2X IX 11X Sale 19 16 X 2 1X 7 X Sale 10c 1 4X "4 34 25c IX 20 X 10X IX 60c Sale Sale Sale 134 Q 34 14X 100X Sale 55 X IX Sale 2 12 14 17 16 4 Sale 4 16c 134 1934 20c 25c Sale Sale IX 9 25 11134 34 1 70c 1 IX 67 X 6X 3X VA 35 6 Sale Sale 1X 2334 134 534 634 Sale 100 ,* * 22 Alar.15 1134 Alar. 15 134 Alar. 7 234 Sale 2 27 Sale 23 34 32)4 Alar.10 0 Mar 30c Feb. 17 35c Feb. 25 134 19)4 Alar. 31 9 Alar. 31 1 Jan. 11 1)4 6X 7)4 1 X 14 1234 Sale Sale 16 134 134 1034 Sale 15 34 Sale 31 77 A1ar. Feb. 3 26 Alar. 26 434 Jan. 31 46 36 Sale 134 Sale 134 Sale Sale 80c Sale lie 1734 19 76X 4334 Sale 61c Sale 55c 70 6X 134 2434 3 I'A Feb. 23 Jan. Jan. 31 3 Jan. 21 8 Jan. 25 ■AH Alar. 22 31 51c Alar. Mar. 18c Alar.15 10c Mar. 15 25c Jan. 31 Feb. 17 17 Feb. 17 2)4 Jan. 3 6 Mar. 31 Mar. 3 Mar. 16 13 X Jan. 434 Jan. 25 9 13 34 Jan. 28 Jan. 3 16 Alar. 234 Alar. 10 Mar. 21 Mar. 9 5 Alar. 8 5c Alar. 20 134 Alar. 24 31 112 Mar. Alar.11 Alar. 8 Alar. 1 1 Mar. Mar. 1 134 Alar. 3 . Mar. 1 Alar. 31 4 3 X Jan. Alar. 20 5c Feb. 21 134 15 Jan. 4 105 Jan. 17 Alar. 27 51 34 Alar. 27 14)4 Alar.17 ox Mar. 9 18 Jan. 14 2)4 Alar. 10 22 X Jan. 3 5 Alar. 8 5c Mar. 20 2 31 W Jan. 13 Alar. 11 Feb. Feb. IX Jan. 23 1 4 35c Alar. 31 Jan. 30 90c Jan. 9 Alar. 30 80c Jan. 27 30c Mar.' 9 1414 24)4 Jan. 3 Jan. 3 Mar. 30 65c Mar. 15 30c 30c Mar. 9 20c 1434 Mar. 7 2 Mar. 1 9 23 34 Alar. 234 Mar. 13 15 Alar. 9 16 1X Mar. 3 9X Mar. 20 934 Alar. 31 134 11 Mar. 15 Mar. 30 Mar. 9 16)4 Alar. 10 Mar. 16 Feb. Mar. 31 9 34 1834 Jan. 2 14 Alar. Feb. 6 12 12c Alar. 17 12c Alar. Feb. 17 7 OX Mar 6 3 OX Mar. 31 134 Mar. 31 734 Mar. 9 3 34 Mar. 16 76 23 Mar.18 23 Mar. 18 11 Mar. 9 Jan. 4 Jan. 20 Mar. 9 17 Jan. 28 X Mar. 11 Alar. 20 Alar. Jan. Jan. 4514 Jan. Mar. 17 2 3 16 12 18 65c I 10 14 2834 Mar. 11 Alar. 24 3 17 4534 Jan. 2234 Feb. Alar. 31 134 Mar. 18 3 18 i\* a? 24 34 12c 54c Feb. 114 Jan. 14 80c Sale Jan. 58 Feb. 80c Mar. 16 1 26 134 Jan. 27 934 Jan. 28 934 Mar. 31 80c Sale Sale 11 6 57 I" 8534 Mar. 9 4434 Mar. 20 Sale 2 17 2 60c 55 7634 Mar. 31 42X Mar. 15 2 Alar. 31 1 8 2 34 Alar. 1434 Alar.17 6)4 Alar. 9 Mar. 15 9 34 Mar. 31 1834 Alar. 31 Sale Sale 6934 734 Sale 234 Sale 2334 Mar. 22 Jan. Jan. 34 Mar. Mar. 35c ^~134 Sale 34 24 32)4 Alar. 10 14 25c 51 Sale 19 34 234 26 30 20 134 Mar. 2534 Mar. 10734 Mar. Sale 84 X 43 X 4434 Jan. 1 44 2434 Jan. 534 Feb. 27 634 Alar. 31 IX Jan. 19 3 X Mar. 5c Mar. Sale Sale 25 14 20 2934 Jan. Alar. 234 Mar. Sale 15 36 3 7 X Alar. 6 25 Alar. 22 1754 Alar. 13 Jan. Alar. 22 17 Sale 50c 4)4 Alar. 51c 1334 Mar. 14)4 234 9 34 1834 2X 88c 23 5 4 7 4 8 20 8 8 2 " IX 9:34 934 154 Alar. 27 14 X 51 X 12)4 Jan. 7 17 28 34 Jan. 3 34 Jan. 8 16 5c 10734 25 8 11 10c "20c" Sale "l"34' Alar. Mar. 5 434 Alar. Mar. Mar. Mar. X ALar. IX Jan. 6 5 7 Mar. Sale 17 Alar.16 5 Jan. 6 25c 5 "234 1734 Alar. 13 Jan. 114 Feb. 8)4 Jau. 24 1434. Sale 3 134 Mar. 12c 6 Mar. 22 Mar. 24 634 Mar. "27" ..... 25 Mar. 31 534 Mar. 2 25 24 4 20c Mar. 1 134 25c Sale 21 Mar. 31 5 7 16 57 2 23 8 21 6 Sale Sale 2X 70 Sale 214 Alar. 3 12X Feb. ;8 25 Alar. 30 Sale 27 X Sale 1 Mar. 20 1734 "2l"~ 62 Sale 1 5 Sale 20 3 12 16% Feb. IX Jan. Jan. 35c 80c 43 Sale 16 Alar. 15 lie 8554 42% Jan. 10 Jan. 11 60 Sale 1134 23 23 Alar. Alar. 10 Alar. 9 3 X Alar. 134 Alar.11 9 3 X Alar. 8 2 X Alar. 29 5 Alar. 9 3 30c 5 534 35c 8 Mar. 11 X Alar. 31 16 Jan. 20c 4 Alar. 31 9 8 Alar. 27 8 Sale 55 22 X 2 25 Mar. 31 28c 47 X 26 Alar.16 Alar. Alar. Jan. 4 40c 25 Alar.10 2 1114 3X 2 X 3 X 20 Mar. Sale 40 4 . Feb. Mar. 50c "* "25 3 Mar. 16 Alar, ll Alar. 3 Jan. 434 Alar. 734 Alar. 30c Sale Alar. Jan. 26 80c Sale 9 77 60c Sale 52 3 2 29c 17 21 Mar. 31 50c 80c Jan. Mar. 31 15 534 1334 2 34 20X 3 X Sale * Mar. 31 334 Mar. 25c IX 10X 16 18 1 2 26 64 3 34 Sale 24c 3X 17X 27 Jan. Sale 334 IX Sale 14 14X __ Mar. Mar. Feb. Jan. 134 134 134 134 134 134 134 234 9 Afar. 17 Feb. 8 Jan. 16 2)4 Alar. 10 2 X Alar. 0 3 6* Alar. 19 17 Jan. Sale 20 24 % 3 stock. com 2)4 1234 18 X 134 7)4 134 Mar. 21 134 20c 15 X Alar. 234 Mar. 29 Alar. 9 5 1 134 Mar. 19 X Mar. 31 Sale 9 19 22 34 3,13-s 50 25 9 3 X Alar. 10 8 3 X Alar. IX Mar. 5X Mar. Sale 8 3 234 Mar. 11X Mar. 134 5X 4 8 2X Alar.10 Mar. 1334 Alar. 2 Mar. 3 3 57 Sale" 2X Mar. ..... Jan. 234 64 « Sale 3X Mar. 3 9 1134 Mar. 3 X Alar. 234 Mar. 2 34 Mar. 234 Mar. 4 2X Alar. Mar. Sale" Alar. 31 234 Alar. 10 Mar. 7 Sale 17 j 20/ Sale 5 22X ix ~~2X "lX Sale 2 Sale IX 1134 5c 13 Mar. 234 Mar. 4 8X 234 IX 2X IX 2 X IX 9 Sale 3X 20c 3X 2 234 14 3 19 7 4 Alar. 11 IX Alar. 10 3 170 Alar. Mar. 11 146 Mar. Sale 69 18c Sale 17 9 3 Alar. 56)4 Alar. 7634 Mar. 13934 Mar. 4534 Mar. Feb. IX Alar. 15 24 X Jan. 23 26)* 12 82 Jan. 75 76 34 Alar. 31 8914 Jan. 9 146 127 56 X 45 34 Alar. 24 25c 35c Sale" 2 234 o 20 "ix 2 Sale Sale Mar. 2 2 Sale Sale 15 22 X Mar. Sale 25c 6 8734 34 Jan. Mar. 17 Sale 50c 15X 5X 82 9 14934 Jan. 1X Mar. 10 2634 Alar. 9 79 Sale 3X 25X 20 Sale X Mar. 26)4 Mar. 17 IX 5X 734 134 20 X 6X Sale 8 20 4534 2X Mar. 11 60c 17 11 Jan. 12 4 81 1734 139 34 Sale Mar. Jan. 134 Jan. 32c 60c X Mar. 153 34 Mar. Sale 143X Sale 55 X Sale 18 Mar. 30 134 Mar. 7 Mar, l 13 - Sale 7634 100 D) & Cocommdin..* Ex-dividend. Afar. 10 83 92 90 81X Jan. 85)4 Mar. 16 84 60c ... 13,770 Utah Metal & Tunnel 550 Venezuela Holding Corp 35 Vermont & Mass Ry Co 1.763 Waldorf System Inc ■£ Sale 55 25 1,448 Union Twist Drill 14,516 United Shoe Mach Corp Preferred 1,941 . IX 1 9,436 Torrington Co (The) 100 Union Cop Land & Min Co. 125 Warren (S 5X 25c 100 cap No par value. Sale ~12~ Sale" 100 1,544 Reece Button Hole Mach.__ 10 1,399 Reece Folding Mach Co-___10 5,701 Shawmut Assn T C__ 17,349 Stone & Webster Inc 2,438 Warren IX 2X 2 50 ioo 50c 75 1 _ 15 Highest Sale Prices 91 Sale 2 Sale IX Certificates of deposit 2,030 Suburban Elec Secur 2d preferred.; 50 Loicest Sale Prices -- 82 X 1 IX 2 20 X 30c N E Gas & El Assn pref * 1,001 New England Tel & Tel___.100 5,348 174 New River Co 6% cum pref 100 292 Highest Sale Prices 82X Mar. 31 Sale 90 -- 79 7X * * 2,558 Mass Util Associates v t c 2,221 Mergenthaler Linotype * 13,672 Narragansett Rac'g Assn lnc.1 Sale 2 * Old Dominion Co 3.762 1,539 Pacific Mills. 14,448 Pennsylvania RR 1,460 Quincy Mining Co 92X 92X 2634 Sale 17 Sale 185 Loew's Theatres (Boston)...25 loo 2,263 Maine Central Preferred 5% 595 100 130 2,700 82 X 84 X Sale Sale 14 I_III* 26 2X IX 2X 24 tr ctfs 1 30 lnt'l Button Hole Mach Co__10 1,980 Isle Royal Copper 15 55 1 18 3,900 Helvetia Oil Co 100 83 80 X IX IX IX 13 13 11X 15334 158X Sale Sale * Class B 35c 2X X 6% 20)4 3X 5X Preferred. 455 50c 53 67 Preferred 773 • Sale Sale 100 336 35 Sale 52 X 18 12)4 306 Hathaway Bakeries class A 1,375 80 Sale 82 X 130 100 _ 195 1,180 25X * Adjustment 81X 84 X Lowest Ask Sale Sale 100 100 1,800 1 x 24 X 75 100 280 " Sale 24 330 Economy Grocery Stores * 4,084 Employers' Group Assoc T C_* 278 General Capital Corp * Georgian lnc (The)— Class A preferred 20 1,147 * 946 Gilchrist Co * 3,556 Gillette Safety Razor Co 28 IX 100 8,689 Eastern SS Lines, Inc 120 60c 100 3,146 1,660 1 Sale Prices Mar. 31 Ask Bid Bid 92)4 92 X -- 149 J4 25c _ com.. li 2,604 6,103 170 —~ 12 25 Mining Co 1,984 5,866 60 IX 10 25 5,585 Copper Range Co 1,164 East Poston Co 1,696 Eastern Gas & Fuel Assn 4 X% cum prior pref3,905 6 % cum preferred 2,660 1,768 East Mass St Ky Co First preferred 955 1,779 32c 22X 1)4 8X common. 2,101 Calumet & Hecla 642 Sale X 100 3,154 Boston Personal Prop Trust. .* 931 Boston & Providence. 100 895 SINCE JAN. par 1,155 Amer Pneumatic Service 2,030 6% non-cum preferred 50 First preferred 345 50 34,483 Amer Telep & Teleg .100 1,869 Assoc Gas & El Co class A1 65 Bigelow-Sauford Carpet com.* 138 o% cum pref 100 8,081 Boston & Albany 100 9,235 Boston Edison Co 100 5,771 Boston Elevated 100 2,932 Boston Herald Traveler Corp.* 210 Boston & Maine pref stpd__100 790 Ask 84 1 Mar. 1939 Par 65,000 East Mass Series B 40,750 Sei'ies C 3,200 Series D 8,050 ■ , BONDS Shares 25,000 13,700 RANGE MARCH Price Jan. 3 Jan. 1 March Shares IN PRICES EXCHANGE Since Mar. 17 12c 16 23 31 4134 Jan. 12 54c Mar 24 134 6934 634 134 Jan. 23 17 Alar. 17 Jan. 5 85 X Jan. 3 44 X Mar. 20 75c Feb. 15 2 1 Jan. 11 10 Jan. 12 70 Jan. 31 Mar 31 Mar 18 754 Feb. 16 314 Jan. 16 24 X Feb. 8 Jan. RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Stock Sales Jan. 1 to 98,882 163,054 March 261,275 357,301 Jan. 1 to March 31 Shares. March 31 — 1938 1939 Bond Sales 1938 1939 March $3,000 10,000 AGGREGATE PITTSBURGH SALES STOCK In PRICES EXCHANGE March STOCKS Shares * 1,849 850 5,485 800 14 65 500 719 2,949 100 485 3,500 110 Preferred * 822 Byers (A M) 18,691 Carnegie Metals 1 60 Copperweld New.: 75c * 6 7% Sale1 * 10 _ Steel 103 55c * 800 Consolidated Ice Co. Preferred _; 14 - Sale Sale * 975 Clark (1) L) Candy 13,374 Columbia Gas & Electric % 7 % Sale Lowest Highest Sale Prices Sale Prices 45c 50c Mar. 4 10% 8% 35c Sale Sale Sale 5% Sale 6 5% 6% 8% Sale 16% Mar. 31 24 2% Mar. 14 3 6% Mar. 48% Mar. 11 Mar. 31 15% Mar. 9 11% Mar. 10 Sale 10 8% Mar. 31 35c Mar. 22 5% Mar. 18 6 Mar. 31 25c Mar. 16 1% Mar. 16 2 Mar. 4 6% Mar. 3 8% Alar. 6 45c 25c Mar. 16 1% Mar. 16 10 * __ 650 Crandali McK & Hend 2,344 Devonian Oil. 14% Mar. 9 6 10 6,440 Duquesne Brewing. 235 Electric Products 5 18 18% 12% 12% _* 1,121 Follansbee Bros pref 16,676 Fort Pitt Brewing 100 1 _ _ "io>i 7 7 6 17 13% 7% 10 10% 1% Sale 15% 13% 5% 15% 12% Sale 5% Sale , Sale 9 Mar. 14 15% Mar. 31 12% Mar. 31 5% Mar. 31 170 Jeannette Glass preferred.. 100 14% Alar. 6.568 570 Koppers Gas & Coke pref. .100 Lone Star Gas 14,027 1,565 McKfhney 7",543 14,971 2,274 7,359 "155 110 5,794 10 "469 917 373 2,373 25 * Manufacturing—* Mountain Fuel Supply 10 Nat Fireproofing Corp com. .5 Penn Federal Corp common. _* 4 % % preferred 50 Phoenix Oil preferred 1 Pittsburgh Brewing * Preferred. * 9 Pittsburgh Steel Foundry 436 422 Plymouth Oil Co 720 Kenner Co 520 12 7,100 1,150 Sale Sale 25 75 70 9 9H 17% 24 67% 9% 69 Sale 60c 55c Sale 2% 4% 2% Sale 8 Mar. 23 Sale 25 1 Mar. 24 Sale Preferred 139 139 240 Standard 300 320 950 Steel — 2% 29 Mar. 16 4% 2 5 2% Sale 65 Mar. 30 8 Sale 8 Mar. 31 2% 4% 1,855 677 8% Alar. 31 Alar. 22 35c 5% Alar. 18 6 Mar. 31 25c Mar. 16 1% Alar. 16 6 24% Jan. 9 14% Mar. 7 Jan. 13 Feb. 8 11% Jan, 24 5% Mar. 31 1% Spring 1,993 United Engine & Fdy. 300 United States Glass 840 Vanadium Alloy Steel 2,865 Victor Brewing Co Waverly Oil ,Works A 5,801 Westinghouse Air Brake 1,959 Westinghouse El & Mfg 4 Jan. 5 60c Jan. 10 23 6% Jan. 8% Feb. 25c 6 Alar. 16 1% Alar. 16 26% Jan. 14 14% Feb. 15 7 Jan. 13 18 Jan. 14 14% Mar. 11 7 6% Jan. Mar. 7 Sale 2 25 Alar. 23 12 3 14 26 1% Feb. 29% Jan. 11% Jan. 26 Jan. 3 7 8 1 90c . Alar. 16 25 Jan. 3 25 9 Alar. 6 60% Jan. 57% Feb. 15 9% Alar. 9 8 Alar 31 60% Jan. 72% Jan. 9% Feb. Jan. 30 65c 25 70 4% Mar. 31 1% Mar. 30 Alar. 8 2% Alar. 3 5 1 25 1% 26% 1% ..... 1% 26% 25 Mar. 28 25 Alar. 28 Sale 27% 1% Mar. 31 27 Mar. 27 Jan. 19 20 Mar. 27 Alar. 27 3% Jan. 31 100 Feb. 1 Mar. 31 4 9 Sale 8% 7 10 oVa 5% 5% 20 75c 60c "65c" 90c 60c Sale Sale Sale 90c 2c Sale 2% 5% * 5 32% 1 35c * 1 25 IS 60c Mar. 16 65c Alar. 7 Alar. 3 Alar. 2 Alar. 14 100 5% l-._- lc 2c 2% 2% 50 2. 5% Alar. 31 5 Sale 2% Jan. 7 Alar. 9 7 Alar. 9 lc Mar. 9 lc Jan. Mar. 14 2 Alar. 14 Alar. 31 25c 1% 29% 118% 1 1% Sale 1 31% 50c Sale 26% 30c Sale 30% Mar. 22 33% Alar. 13 '30c" 35c 30c 50c Mar. 1 75c 25 % 50c 25 Mar. 4 25% Alar. 40c 30c Mar. 23 1 40c Mar. 14 6 Alar. 10 5 Sale Sale Alar. 31 Jan. '28% Sale 19% 93'% Sale Sale 29 Alar. 6 19% Mar. 31 93% Mar. 31 116% Alar. 10 16 30% Alar. 22 50c Mar. 25 Jan. 25c Jan. 19 Jan. 7 Feb. 1 11% Jan. 24 19 9 Jan. 7 4 1 Jan. 4 28 Jan. 25 8 Feb. 21 lc .Tan. 18 3 Feb. 7 50% Alar. 21 5 28 Mar. 31 Jan. 19 33% Alar. 13 75c Alar.14 4 26% Jan. 5 4 40c Jan. 20 1% Jan. 31% Jan. 19% Alar. 31 93% Alar. 31 118% Jan. 11 1% Jan. ..... 9 18 50% Mar. 21 24 * * .50 26 9 5 Jan. 80c 3 60c Mar. Mar. 31 lc 2 28% Alar. 11 4% Jan. 26 Alar. 16 7 Mar. 5 20 22%. Alar. 14 Alar. 2% Alar. 2 50% Alar. 21 20 Feb. Alar. 31 lc 50% Mar. 21 7 1% Feb. 20 2 2c 50% 5 . lc Jan. Alar. 31 116% Alar. Alar. 31 9% Jan. 7 5 50 116% Mar. 31 8% 5% Mar. 31 7% 20 Mar. 31 22% 2 3 4 Sale 9 5 26 1% Feb. 26% Feb. 9 25 4 Alar. 28 1% Alar. 9 28% Alar. 11 14 5% Jan. 3 25 17 Jan. 4% Alar. 31 1% Alar. 30 1% Feb. 20 19 100 lc .100 6 Jan. Jan. Alar. 1% Alar. 12 3 4 2% .10 50 Alar. 31 10 lc 2 27% * 5 1 Preferred "833 3 Jan. 50c 25 65 1 19%::::: 1 550 lieymer & Bros common 62 ltuud Mfg 100 * __5 1 12,950 San Toy Mining 7,065 Shamrock Oil & Gas 100 Feb. 10% Feb. 20 768 Pittsburgh Plate Glass 25 3,104 Pitts Screw & Bolt Corp.....* 115 10 2% 6% 56% 17% 12% 29% Jan. 11% Jan. % 90c 95 Pittsburgh Coal Co com...100 Preferred 100 107 336 2 5% Jaii. 40% Alar. 30 15 500 Pittsburgh Forgings.; 265 842 16 Feb. Alar. 14 7 100 Jones & Laughlin St'l pref..100 ""353 4 Feb. 2 Jan. 16% Alar. 8 14% Alar. 11 5% Alar. 31 10 Harbison-Walker liefrac com.* 35 Home (Jos) common. 100 160 27% Jan. 9 115 2% Feb. 16% Mar. 31 113 25c 25c ..... Highest Sale Prices 2% Mar. 14 6% Mar. 15 40% Mar. 30 16% 47% 14% * Lowest 109 Ask * 911 Armstrong Cork Co 2,989 Blaw-Knox Co 8,141 1 Sale Prices Mar. 31 Ask Bid 10 664 477 165 1 Bid Sale 27 113 247 Arkansas Nat Gas Corp Preferred. Ask Bid 100 3,532 Allegheny Ludlum Steel 67 140 Mar. 1939 Par 1.492 1,596 SINCE JAN. Jan. 3 Jan. 1 Shares RANGE IN MARCH Price Since 11 4 3 UNLISTED 296 * N« par 1,218 Pennroad Corp vtc value, x Ex-dividend. Sale Mar. 28 2 Alar. 8 1% Jan. 25 2% Jan. 4 Detroit Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON DETROIT STOCK EXCHANGE 1939 1938 319,097 308,643 Stock Sales March-- Shares_ AGGREGATE SALES Shares 10,409 7,050 3,644 2,450 14,805 7,269 4,556 350 350 . Baldwin Rubber common Bohn Aluminum & Brass 5 * Chamberlin Metal 245 3,187 904 145 125 19,779 1,671 8.050 9,587 8,140 1,585 427 2,300 4,175 3,730 1,100 250 1,800 1,332 2,638 8,830 3,648 3,181 510 814 — - - - 3,810 6,000 3,000 1 Detroit & Cleve Nav Detroit Edison com. 17,611 4.076 2,225 100 Detroit Gray Iron Fdy Detroit Mich Stove common . Durham Mfg Co common Eaton Mfg Co common ..... 2% . 5 Federal Motor Truck com 3% 2% com Class B _ _ * _■ 160 1,450 405 Mich Steel Tube Prod 100 1,150 * 10 Preferred 1,329 2,900 Micromatic Hone Corp 5,890 Mid-West Abrasive com 5,416 1,903 3,515 17,777 875 1,450 6,706 100 237 1,407 712 2,200 1 * Motor Wheel 1.112 * 9 _ * 2.50 ix iy8 Mar. 31 17% 15 Sale 15 Mar. 31 Sale 7,960 Timken Axle 149 4% 69 14 85c 95c 85c 3X 3% 3X 2X 1 Sale Sale IX IX IX 2% common Preferred 10 .100 649 lH Sale ik 12' 15 IX 25% IX Jan. Feb. 3 23 Mar. 8 Mar. 7 Mar. 13 Mar. 16 Mar. 31 15 Mar. 31 26 Mar. 30 Jan. 19% Mar. 31 90c IX Mar. 31 5% Mar. 27 IX 11X 6X 27 M 8 4% IX IVs Sale 7 31 IX 15 14 6% 5% 26 32 2% 49 X 2X IX 27c 2 2X 49% 2% Sale "2% 35c 35c 49% • I 11 12 X 15 15H 1 2% % Sale 6 2% 1% 50c Sale 5 Mar. 8 18% Jan. 4 2% Jan. 7 5% Mar. 16 _ 'l2X Sale" 16 X Mar. 11 14 Sale Sale Sale 20 IX 21 Sale 3X IX IX 3% 2% Sale 15 Sale 5 Sale 26% Mar. 31 Mar. 11 2% Mar. 31 2 % Mar. 21 15 97c 115 IX IX IX 9% Mar. 20 Mar. Mar. Mar. 17 Sale 14% 8 62c Sale Sale 65c 16 2X 50c 2% 52c ----- 2% 1 % 21X 3 y8 Sale 48c 21% 2% IX 25 23 X 80c 22% 7X 7 2% 81c 25c 80c 8 2 Mar. 11 Mar. IX Mar. Mar. 2 Mar. 1% 25% 4X 17% Mar. Mar. 14 3 Mar. 16 Mar. Mar. Mar. Mar. 1% Mar. 14% Mar. Mar. Mar. 8 Mar. 10 Mar. 9 Mar. 25 Mar. 8 Mar. 16 Mar. 2 Mar. 15 4% Mar. 3 1 X Mar. 9 19% Mar. 11 6 Mar. I'i 6 16 Mar. 20 Mar. 7 3 9 Feb. 27 25% Mar. 4% Mar. 17% Mar. 21% Mar. Mar. 16 Jan. Jan. 3% Jan. IX Feb. 3% IX 19% 7% 27% Mar. 27% Jan. 8 6 5 Mar. 15 5% Jan. 10% Feb. 3 Mar. 10 28% Mar. Jan. 4 8 2 27 4 Feb. 14 Feb. Jan. k Mar. 23 16 Jan. 28% Mar. 1 6 Jan. IX Feb. Mar. 3 Jan. 123 .IX Mar. IX Jan. 3 1 4 2% Jan. IX Mar. Jan. Jan. Mar. 4 15 Mar. 15 80c 112 Jan. Jan. 5 5 Jan. 4 Mar. 11 Jan. 5 Jan. 26 2% Jan. 4 9 4 3 14 Sale 41% 2 Sale Sale Mar. 2% Mar. 7 41% Mar. 51 % Mar. 9 2% Mar. 9 2 2 Mar. 88c 1 1 Mar. 1 40c 50c 37c Mar. 45c 2 2% 2% Mar. Mar. 15 Mar. 6 2% Mar. I Mar. 31 2 41% Mar. 31 2 Mar. 31 1 Mar. 15 Jan. 12 2% Feb. 8 11X Jan. 24 30c 51 X Mar. 2% Jan. 1% .Jan. 45 Mar. 2% Jan. 6 3 12 Sale 68c . 2% Sale 14% 16X 11 Sale 12 Mar. 31 13 Mar. 15 Mar. 23 15 Mar. 23 5 X 50c IX 49c Sale Sale Sale 11 Mar. 31 5% Mar. 31 50c Mar. 31 1X Mar. 25 16 X Mar. 11 7% Mar. 9 Mar. 3 2% Mar. 3 69c 50c 47c Mar. 22 54c 23 22 Mar. 16 21% 2% 1% Mar. 18 23X Mar. 30 Sale 2X Mar. 31 Sale Sale 1 3% Mar.. 13 IX Mar. 3 25 22% 25 23% 3% Mar. 31 23 Mar. Mar. 23X Mar. 4 13 Mar. 14 Feb. 23 16 Jan. 31 4 30 Feb. 23 31 Feb. Jan. Mar. 31 11 5% Mar. 31 50c Mar. 31 IX Feb. 47c 4 Mar. 22 26 20% Jan. 2% Jan. 28 Jan. 31 1 23 17 8% Jan. 76c Jan. 4 5 23 4 4 7 2% Jan. 4 Jan. 11 55c 23 X Mar. 30 12 24^1 Jan. Mar. 3% Jan. IX Jan. 17 3 Sale 91c Sale 81c 96c Mar. 17 75c Mar. 17 85c 48c ■85c 60c Mar. 70c Mar. 9 60c Jan. Mar. 96 60c 70c 22c Sale 15c Sale 15c Mar. 22c Mar. 1 15c Mar. 30c Mar. 9 Jan. 17 95c 74c 90c Mar. 8 75c Jan. 96c Sale "36c" "50c" 2% 4 IVs 3 1% Sale 35c 75c 2X 7% 40c 2% 2% IX Sale 8% Sale 3 Sale 50c IX 42 X 7% 11% 4% 42 X ~id% 8X "7X 2X 7X IX 6% IX 1% 3% 2X 24% Sale 10 4% 38% Sale 19 6 IX IX 3X 2 y8 24 X 2% 16X 2 IX 3H 2X Sale Sale IX 6% 35c 90c Mar. 2% 2 Mar. 2% Mar. 10 1 7 8 Mar. 8 7 45c 35c Mar. 40c 1 2% 4 2 3 1 Sale 2% Mar. 2% Mar. 1 53c — 18% 2 Sale 3 Sale Sale 43 X 18% 8% Sale 7% 2% 1X 3% 2% 26 Mar. 4 IX 1 Jan. 9 2% Jan. 2% Jan. 1 X Jan. Jan. Mar. 23 17 Jan. 24 3 Mar. 50c 32c Mar. 55c 14 Mar. 17% Mar. 10 14 Mar. 12 X 14 Mar. Mar. 10 13 Jan. 18% Jan. 5 16 Mar. 10 8X Jan. 5 12X Mar. 3 4% Jan. 3 43% Mar. 4 11X 6% Sale 2% "3% Sale 39% 15% 6% IX Sale Sale Sale Sale 5% Mar. 12X 3% 39% 15% 6% IX IX 3X 2% 24 IX IX 1% Sale Sale 25% Sale Mar. Mar. Mar. Mar. Mar. Mar. 2% Mar. 24% Mar. IX Mar. 14X Sale 14% Mar. 110 9 Mar. 8 Mar. 6 Mar. 9 2% Mar. 3 25 Mar. 100 111 2% Mar. Jan. 2% Mar. 21 1% Feb. 15 3 H Mar. 8 2 X Jan. 9 25% Jan. 9 2 X Jan. 3 16X Jan. 27 % Jan. Mar. 1 % 3 3 9 Mar. 25 Mar. Mar. Jan. 2% Mar. 24% Jan. 1 % Mar. Jan. 97 Mar. LOO 13% Jan. 109X Jan. 2% Mar. 111 Feb. 4 Feb. 25 4 3% Mar. 11 3 Mar. 3% Jan. 3% Jan. 9 3 Mar. 4 3% Mar. 3% Mar. 13 3 Sale 3 4 Mar. 17 5% 3X Sale 3% Mar. 5 2 2 Mar. Mar. 1 Mar. 29 Mar. 3 2% Mar. 1 3 X Mar. 17 Mar. 2% Jan 1X Jan. . 2 18% Jan. Mar. Mar. 2% Sale 3 2% Sale Mar. 25 16X Mar. Mar. 17 5% Mar. 18 J an. 14 16% fl4J< Sale 8 1 12 4% 2% 4 4 8 Mar. 21 25 3% 14 8% Feb. 2% Jan. 2% IX 3X 2% Mar. 97 3 Jan. 6% Mar. 1 X Feb. 15 17X Mar. 7% Mar. 1% Mar. Mar. k Jan. 3% Mar. 39% Mar. 7 100 112 5 X Mar. 10 8 15 Sale 3 Mar. 95 % 3 8% Mar. 10 8 17 111 16 12% Mar. 4% Mar. 43 X Mar. Mar. Sale 88c Mar. 99 5% 2X IX 50c 2% Jan. 2 32c 34 —.1 Mar. 13 Mar. 2 35c 24 Mar. 10 12 13% 2% 10 1 8 Jan. Mar. 50c 12^ 110 109X Mar. 2% Mar. 14 2% Mar. 22 Feb. 2% Feb. 25 % Jan. 35c 97 20 X 97 Mar. 10 11 50c 22X - |Mar. IX Mar. 15 122 2% Mar. 31 2% Feb. 27 14% Jan. 26 7 84X Mar. 9 13 X Jan. 19 90c 99c 2X - Mar. 20 27 24 Sale 76c ----- - 16 IX 13% 28% IX 25 X 5% 21% 5 Mar. 17 3% Mar. 2 2% Mar. 21 32 28 14% 5% * 76c 69 6 6 4 .* 1 4% Mar. 22 98 IX Sale IX IX 9x Sale 3% Sale 2% 1 U S Radiator common. 97c 115 IX 14 14 3,441 United Specialties common 100 U S Graphite Co common Universal Cooler class A— Class B__ 4% Mar. 22 76c 3 Sale 4 4 26 95c Sale 14 3% 3% 61. 4 Jan. Mar. 10 40c 3 Jan. Jan. Sale 2 page IX Jan, 24 Jan. 15% 4% 3% see IX 17% 2% 5X 9 Mar. 17 13 15% 5% 4% For footnotes 27X Mar. 30 29 IX Feo. 6% Jan. 22% Jan. 33c 68 Sale 4 "l",592 9 5X Mar. 22 84X Mar. 9 13% Mar. 13 17X 3% 3% 20.140 1X Mar. 31 5% Mar. 27 9 Mar. 10 7% Mar. 13% Mar. 13 ~23% * " 2 5 3 * 2.650 2% 7 22 1,536 Union Investment Co com 2.099 United Shirt Distributors """700 Mar. 31 1% Mar. 38c 14X Sale 24 X 8 19,033 Tivoli Brewing Co common.. 1 100 Sale 24 28 X Mar. 2% 119 6,136 944 1,235 IX 15 121 IX 1 _ 3.930 90c 5X 1 X Sale Sale i5% * * 3,440 River Raisin Paper com ..-16 5,906 Scotten Dillon common 1 19,930 Standard Tube Co class B 445 Stearns (Frederick) common. * 5% cum part pref 256 .100 185 19% Mar. 31 Sale 5 common Murray Corp common. 10 Muskegon Piston Ring com 2.50 3,635 Pfeiffer Brewing Co com * 1,657 Prudential Investing Corp 1 5 4,853 Reo Motor common 6,045 Rickei (H W) & Co common. .2 1.597 2,745 1,670 1,614 10,193 Sale Sale 2 y8 12 x 50c 2,864 Parker Wolverine Co com 11.570 Peninsular Metal Products 2,595 1 Mar. 17 6% Mar. 31 19X 12 1 Moore (Tom) Distillery Co Motor Products Corp com 23,745 Packard Motor Co com 11,771 Parke Davis & Co 3,962 Parker Rust-Proof com 10,136 4,594 IX Mar. 33c 90c 13 X 1% Sale 3 2.50 2,760 Michigan Sugar common 337 600 2,500 1,432 32c Sale 24 Sale 82c 112 * 1 9,610 Masco Screw Products. 200 McAleer Mfg Co common * 88.855 McClanahan Oil Co common .1 5,510 McClanahan Refineries..____1 2,890 Michigan Silica Co common. .1 200 Sale 26X 1% * 707 Mahon (R C) class A pref 4,520 6X 20% 16 * . 18,417 IX 25c 79% Sale 14 X 95c _ 181 Highest Sale Prices 22 Sale 2X Sale 13 13 Class B_ * 20,511 * 6,105 Hudson Motor Car 32.238 Hurd Lock & Mfg Co com. 1 14,193 Kingston Products Corp 1 5,650 Kinsei Drug Co common 1 14,865 Kresge (S S) Co common 10 2,950 Lakey Fdy & Mach common. _1 10,060 LaSalle Wines & Champagne_2 5,150 38c Sale Lowest Sale Prices 17 7% 82 3 _ 940 Sale Highest Sale Prices 26% IX Sale IX 18 X 3 * Ex-Cell-O Corp... Federal Mogul common 3^460 General Finance Corp com 1 10 38,292 General Motors common 10.588 Goebel Brewing Co common. 1 4.502 Graham-Paige Motor com. 1 3.950 Grand Valley Brew common. 1 2,504 Hall Lamp common * Home Dairy class A. * " 2,227 Hoover Steel Ball common. 10 1,123 Hoskins Mfg Co common._2.50 180 Houdaille-Hershey class A * 8,893 2,645 6,080 6,165 3,550 6,789 7% Ask 5% 1 . " IX 36c 7% Lowest Sale Prices Mar. 31 Ask Bid 25 31X 1H 1 4 _ 650 Sale 40c 7% 1 . _ 450 Bid 10 10 com common 9,430 Frankenmuth Brewing com_.l 1 9,297 Fruehauf Trailer Co com 3 8,185 Gar Wood Industries com 100 Gemmer Mfg Co class A * """987 140 ..5 5 10 Eureka Vacuum Cleaner " l",224 * 12%c * 100 Federal Screw Works 2,180 1,863 678 - 1 Detroit Paper Products 1 Detroit Steel Corp common. .5 250 Detroit Steel Products * 400 1 Weather 125 Deisel Wemmer Gilbert 7,330 — 1 X 36c 7,961 Continental Motors common .1 715 Crowley, Milner & Co com * 450 Cunningham Drug Stores.2.50 200 Mar. 1 Ask 5 Bower Roller Bearing Briggs Mfg Co common. Brown-McLaren Mfg Co Burroughs Adding Mach Burry Biscuit Corp Capital City Products Casco Products Corp. Bid 1 1.675 Strip Co common 26,781 Chrysler Corp common 1,407 Consolidated Paper com 4,817 Consumers Steel Products 1,450 12,657 1 1939 Par 1,445 Allen Elec & Equipment—--1 Auto City Brewing common. * 3,730 25,095 655 2,410 27,678 "l",565 SINCE JAN. RANGE PRICES IN MARCH STOCKS Jan. 1 Shares " 1938 956,469 Jan. 3 March 650 Shares_ Price Since 2,455 13,016 Jan. 1 to March 31_- DETROIT STOCK EXCHANGE In 1939 842,469 Stock Sales | Mar. 4X Jan. 17 17 4 5 4 9 4 Mar. 29 Mar. 3 2% Feb. 17 AGGREGATE SALES In Jan. 3 Shares STOCKS Class B 9,011 436 * 28,126 Warner Aircraft Corp com... 1 1,000 Wayne Screw Prod common. _4 11,300 Wolverine Brewing Co com 1 355 Wolverine Tube Co com 2 13,010 500 4,950 Preferred "*845 "l",609 Mar. 1 1939 Par 500 Universal Products common--* 600 Walker & Co class A * 250 RANGE SINCE JAN. PRICES IN MARCH .100 Ask Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Mar. 31 Ask Bid Bid Ask 15% Jan. 16% 15 2% 17c 7 • 80 2% 1% 1% 4 Sale 27c 8% 100 18c a 7% 28 2% 1% 1% 3% Sale 2% 25c 6% 80 25 28 25 24. 3% 1 % 1% 20c 3% Sale Sale Sale Mar. 25 26 2% Mar. 30 Mar. 31 1 1% Mar. 31 20c Mar. 13 Mar. 25 2% Mar. 25 1% Mar. 2 26 Mar. 10 2 25c Mar. 2 24 16% Jan. 28 Jan. 20 26 Jan. 20 3% Jan. 10 26 2% Mar. 30 Jan. 1 24 1 % Mar. 31 15c Jan. 4 26 Jan. 6 6 .... 80 100 12% 14% Mar. 22 14% Mar. 22 14% Mar. 22 UNLISTED DEPT.— 4,386 American Radiator * 18 % 261 625 Amer Tel & Tel Co 1,225 Borden Company 100 149 % 9 12% 153% Sale 2 16% Sale 159% Sale Sale Sale Sale Sale Sale 519 25 2,565 Borg Warner Corp common..5 5,582 Commonw & Southern Corp..* * 2,912 Consolidated Oil Co 2,313 General Foods Corp * 3,212 Hupp Motor Car Corp 1 5.960 Kennecott Copper Corp * 4,383 Kroger Grocery & Baking Co.* 1.440 626 1,115 1,289 1,100 2,986 1,114 4,725 9,692 4,121 21,806 3,550 2,461 8,909 2,315 1,265 2,435 * Nash-Kelvinator Corp National Dairy Products New York Central RR 38 Sale Sale 24% Sale 8% Sale Sale Sale 20% * 25 7% * Deferred delivery sales, r Sale 40% Sale 33% 22% Sale Sale Sale 6% Sale 14% Sale 14% Sale Sale Sale Sold for cash, x Mar. Mar. Mar. 8 Mar. 21% Mar. 13 31% Mar. 14 4 1% Mar. Mar. 2 2 25c Mar. 2 7% Feb. 28 Mar. 24 Sale 12 6% Ma'. 20 Jan. 12 Mar. Jan. Jan. Mar. Mar. 4 18% Jan. 168% Mar. 11 Mar. 13 21% 8 Mar. 5 9% Jan. 42% Mar. 10 Mar. 8 Mar. 1 21 8% 16% 20% 16% 13% 7% Mar. Mar. Mar. Mar. Mar, Mar. 9 13 4 14 13 10 32 2 36% Jan. 1% Mar. 33% Mar. 24% 31 31 31 20 19 12% 149% 16% 22% 1% 40 Mar. Mar. Mar. Mar. Sale 6 42% Mar. 10 1% Mar. 4 Mar. Mar. Mar. Mar. 12% 6% Mar. 9 39% 1% 33% 22% 6% 14% 14% 13% Sale 17% Mar. 10 168% Mar. 11 12% Mar. 153% 18% 22% 1% 14 8 22 * Purity Bakeries Corp.. a 8 '40% Sale 5 100 2,444 Socony-Vacuum Corp 4,943 Standard Brands Inc No par value, 22% Sale 1% Sale 43% 1% Mar. 2% Feb. 100 11% Young (L A) Spring & Wire., * 2,128 1 1 Price Since Jan. 1 Shares 61 EXCHANGE DETROIT STOCK EXCHANGE March STOCK DETROIT April, 1939] Jan. 5 Feb. 6 J an. 3 44% Jan. 24% Feb. 16 2 Jan. 6% Mar. 31 12% Jan. 11 14% Mar. 31 11 Jan. 26 12 Jan. 26 6% Jan. 30 5 9% Jan. 20 16% Mar. 13 22 Jan. 3 16% Mar. 14 13% Jan. i 4 7% Jan. 3 Ex-dividend. Philadelphia Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE Stock Sales 1 Jan. 1 to March 31... 1938 307,656 721,304 Shares. 1939 279,532 738,024 March.. 1 to March 31 Jan. 1938 $77,000 141,000 Bond Sales 1939 March...... $70,500 133,000 AGGREGATE PHILADELPHIA SALES Jan. 1 Jan. 3 BONDS Shares STOCKS * 100 Shares 305 355 Bankers Sec Corp pref 441 Barber 180 Co 195 """255 495 100 916 Curtis Pub Co * common Sale 18 20% 120H 120% Sale 100 l: 4,766 Electric Storage Battery 13,284 General Motors 1,451 6,945 Sale 150H 16H * Preferred 1,518 Budd Wheel Co 4,134 Chrysler Corp 1,859 50 10 1,245 Bell Tel Co of Pa pref. 5,300 Budd (E G) Mfg Co 1,055 1,819 SM 55 Sale Sale 5 * 177 2,244 1,873 2,662 20,820 12,192 29% Sale 50% Sale 6,582 Lehigh Coai & Navigation _* 2,862 Lehigh Valley ....50 4,788 Nat'l Power & Light * 54,880 Pennroad Corp vtc .* 25,520 Pennsylvania RR 50 241 Pennsylvania Salt Mfg 50 490 Penn Traffic common.....2% 1,404 Phila Elec of Pa $5 pref * 25 10,824 Phila Elec Power pref 51 300 367 4,236 2,573 80 Phila Insulated Wire... 2,613 Phila Rapid Transit- 1,884 1,701 2,862 7% preferred 3,846 Philadelphia Traction. 70 7% 8 8% Sale ... 8% 11% Sale 153 158% Sale 13% 16 13% 12 % 17% 18% 121% 122 119% 6 % Sale 5 Highest Lowest Highest Sate Prices Sale Prices Sale Prices 9% Mar. 29 6% Jan. 28 9% Mar. 29 4 Jan. Jan. 12 Mar. 22 Mar. 11 Mar. 21 7 Mar. 18 4% 79% 3 % 5 79% 11% 8% Mar. 31 153 Mar. 31 170% 15% 13% Mar. 22 15% Sale 12% Mar. 31 19% 119% Mar. 31 124 Sale Sale Sale Sale Sale 124 Sale Sale Sale 30% Sale 49% Sale 122 3% Mar. 31 71% Mar. 28 4% Mar. 22 Sale 27 Sale 27 Sale 44 41% Mar. 31 Mar. 31 Mar. 30 116% 119 37% 37% 37% Sale 3 Sale 2% 3 4% Sale 4% Sale 8% Sale 7% Sale 119% 37% 2% 4% 7% Mar. Mar. Mar. Mar. Mar. Sale Sale 115 7 Mar. 125 Sale Sale 2% 118% Sale 30% Sale 17 Sale 1% Sale 3% Sale 7% Sale 50 50 ..50 1% 18% Sale 147 143 157 2% 115 Mar. Mar. Mar. 29% Sale 17 16% 29% Mar. 2 Sale 3% 8% Sale 1% Mar. 3% Mar. 7% Mar. Sale 17 Mar. Mar. Mar. Mar. Mar. 11 11 21 11 Mar. 16 Mar. 9 4% Mar. 13 84% 5% 30% 51% Mar. Sale 1% 18% 144% 2% 2 22% 152 * 5 67 * 10 287 Horn & Hardart (Phila) com..* 442 Horn & Hardart (N Y) com..* 63 Ask Ask Bid par 13,065 American Stores 8,813 American Tel & Tel.. 8 7 Lowest Sale Prices Mar. 31 1 Ask Bid Bid 211,000 Elec & Peoples tr ctfs 4s__1945 1,646 4,841 Mar. 1939 $ 77,000 Mar. 11 Mar. 13 Mar. 6 Mar. 9 28 125% Mar. 9 22 37% Mar. 2 28 3% Mar. 4 31 5% Mar. 14 31 9% Mar. 9 Mar. 4 23% Mar. 9 156% Mar. 9 2% Mar. 31 842 ~2,738 274 1,831 3,656 2,612 654 38,946 992 537 156 * 1,737 Salt Dome Oil Corp 1 2,930 Scott Paper * 101 Tacony-Palmyra Bridge * 4,572 Tonopah Mining 1 504 Transit Invest Corp Preferred 4,489 50 7,201 Union Traction 8,165 United Corp common..... * Preferred * 2,368 109,612 United Gas Impt common * Preferred ..._* 3,079 * 1,036 Westmoreland, Inc 550 Westmoreland Coal—...._.* No par. x Ex-dividend. 16% 47% 34% % 1 1 17 48% 39 % 112 7% 9 Sale 37 Sale 8 10 39 c V* % Sale 3% Sale 3% 3 §M 47% 36% A* Sale Sale Sale 1 # o 1% Sale 3 Sale 2% 32% 11% 12% Mar. 47% Mar. 13% Mar. 50% Mar. Sale 33 Sale % % % 2% 2% 34 Mar. 11% Mar. Sale 111% Mar. U2H 113% 113 8% 9% 8% 10 9% 9% 10% 66% Jan. 26 4% Mar. 22 Mar. 11 27 Mar. 31 42% Jan. 26 117 Jan. Jan. 7% Mar. 31 Feb. Jan. Jan. 18 18% Mar. 31 144% Mar. 20 2% Mar. 31 Jan. 9 Jan. 9 Mar. 9 3% Jan. 5% Jan. 9% Mar. Feb. 28 Jan. 4 Jan. Jan. 30 Jan. 8 9 Mar. 28 Mar. 9 Mar. 4 Mar. 13 Mar. 6 Mar. 16 Mar. 11 115 21 5 23 125% Mar. 17 38 Jan. 37 2% Jan. 23 4% Mar. 31 1 10 Mar. 16 4 17 Mar. 31 38% 13% 113% 9% 9% Jan. Jan. 29% Mar. 29 Mar. 15 Mar. 2 Mar. Mar. Mar. Mar. Mar. Feb. 25 Mar. 31 Mar. 31 1 Feb. 3% Mar. 31 1 2% Mar. 29 4% Mar. 28 9% Mar. 29 21 5 47 4 Mar. 39% Sale % 1* 1% Sale 2% 3 3% Sale 34% Sale 11% Sale 12% Sale 13 Feb. Feb. 4 Mar. 17* 8% 149% 13% 12% 119% Mar. 29 Mar. 100 Reo Motor Car 560 1 Price Since March RANGE SINCE JAN. PRICES IN MARCH STOCK EXCHANGE In 5 1 9 Feb. 23 1% Mar. 18 Feb. 23 Mar. 29 3% Feb. 27 6% Feb. 11 1% Jan. 14 Mar. 28 Mar. 29 Jan. 14 Jan. Feb. 5 9 21 Jan. 12 Jan. 24 Jan. Jan. Feb. Jan. % Jan. 2% Jan. 26 Mar. 24 16 4 12 45% 34% %8 % 12 30 2% Mar. 31 31% Jan. 11% Jan. 111; 7 9 26 12 Jan. 5 Jan. 24 Mar, 11 10 Mar. 31 Mar. 28 Jan. Feb. 6 Feb. 28 Feb. 27 Jan. 31 Mar. 16 Jan. 24 San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE 1939 March Shares_ Jan.,1 to March 31__ 1938 619,800 Stock Sales 389,313 898,386 1,711,138 Bond Sales March. __ 1938 1939 $4,000 12,000 $6,000 - _ Jan. 1 to March 31 19,000 AGGREGATE FRANCISCO EXCHANGE SAN SALES PRICES IN MARCH STOCK In March Jan. 1 $ BONDS 1939 Bid $ Mar. 1 Ask 4,000 Atlas Diesei Eng Co 6%--1945 5,000 Coast Co G & E Co 4%---1965 2,000 Pac Tel & Tel mtge B 3 %s 1966 f 3,000 [ 1,000 ! 2,000 Ik UNLISTED BONDS 3,000 Miller & Lux ctf of dep 6% 1945 Certifs of deposit 7% 2,000 1935 Shares 1,800 2,470 1,036 4,287 2,582 130 165 115 1,773 1,690 310 150 160 6.920 ~3~, 414 250 60 3,600 2,782 280 19,453 1,300 3,309 961 20 15 250 918 STOCKS Shares 5,301 Anglo-Calif Nat'l Bank 20 13,699 Assoc Ins Fund Inc com cap-10 6,579 Atlas Imp Diesel Eng Co 5 343 Bank of Calif Nat Assn cap 100 355 Beech Aircraft Corp corn. 1 365 Bishop Oil Co new— 5 4,127 Byron Jackson com cap * 4,922 Calamba Sugar Estate com._20 390 Preferred 20 587 Calaveras Cement Co com—* 230 Calif Art Tile Corp class A___* 250 Class B * _ 1,747 capital--100 18,560 Calif-Engels Alining Co 1 512 California Ink Co Inc A * 8,581 California Packing capital—* 910 50 Preferred 270 California Water Serv pref-100 7,450 Carson Hill Gold Mg capital _1 - 6.291 Caterpillar Tractor capital—* 440 Preferred stock 100 48,555 Central Eureka Mg Co com 1 15,235 Preferred 1 5,725 Chrysler Corp common 5 1,831 Clorox Chemical A * 90 Coast Cos G & E 6% 1st pf-100 15 Columbia Broadcast Sys A_2% 250 B Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices 90 2,384 Consol Aircraft Corp Chemical Feb. 27 92 Feb. 24 110% Feb. 14 110% Feb. 14 108% Feb, 28 108% Feb. 28 116 116 116 118 115% 113 113 120% Mar. 3 120% Mar. 3 107% Mar. 22 107% Mar. 22 Alar. 23 118 Mar. 23 118 Mar. 23 118 Alar. 23 120% Jan. 24 120% Mar. 3 107% Mar. 22 107% Mar. 22 11 54 Feb. 9% Alar. 10 10 Jan. 6 23 75 Jan. 23 Alar. 21 54 9% 150 22c 10 —. 25c 10% 4% 6% 190 Sale 7 200 6% 3% 17 7% 4 17% 16% 20% 3% 11 Sale 21 4% 12 1.05 11% 35c 34% 17 1.50 15 Sale 38% Sale 48% 50 96 99 31c 33c 45% 47% 107% 3% Sale 104 3% 1 com Sale "35% "37" 106% 108 23% 17c 10 "25% 8% 150 25c 9 9% Mar. 10 2.05 33c 35 30c 23c 25c Mar. 30c 45c Mar. 4 IB Mar. 10 7 Mar. 8 180 Alar. 3 10% Mar. 3% Mar. Mar. II* Mar. 21 Feb. 11 Mar. 10 38c 30c 20c Feb. 30c 9 Jan. 10% Jan. 5% Feb. 7% Feb. 4% Feb. 5% Alar. 166% Alar. 190 25c 38c 20 1 1 8 Feb. 3 Feb. 13% Mar. 3 6 16 Jan. 18% Jan. 6 20 Alar. 21 Feb. 21 4 if* Jan. 19 Jan. 9 Alar. 13 Alar. 13 Mar. 13 3% Feb. 10% Alar. 1.50 Jan. 5 10 Alar. 29 10 Mar. 13 Jan. 25 35c Mar. 6 25c Jan. 35c Jan. 35 Feb. 36% Feb. 25 28 19 Alar. 3 50 Mar. 27 102% Alar. 28 Mar. 33c 17 11 Mar. Mar. 52 Alar. 42% Sale 105% 103% Sale 103% Mar. Mar. 3% Sale 3% Sale 4 Mar. 3% 80% 67% Sale 79% 67% Alar. Sale 40 39% Sale 39% Mar. 105% 109 105% 106% 105% Mar. 14 16 16% 15% 18 Mar. 16% 15% 13% 15% 22 23 Alar. 22%. 20 20% Jan. 10% Mar. 9 25 8 9 12% Jan. 1.05 Jan. 10% 30c Jan. 4 40 38% 33 15 17% Sale .16 16% Mar. 48% 50% 48% Mar. 49% 48% Mar. 101 100% 102 100% 103 35c Alar. 21 1.50 50c 7% Sale 7 75 11* 1.05 9% Alar. 110 9 9% Sale 8% 9% Mar. 5 4% 4% Mar. 4% Sale 6 5 6% 7% 5% Alar. 177% 181 167% 175 166% Mar. 10% Sale 7% 6%. 10% Mar. 4 2.50 3% Mar. A* Sale 16% 13% Mar. Sale 18 16 Alar. 17% 21 19 Mar. 20% 20% 20 4 4 3 4 Mar. 3% 11 12 10% Sale 10% Mar. 10% ---2% - 1 Par Angio-Amer Mining Corp Ltd— 6,255 Common 1 612 Calif Cotton Mills SINCE JAN. Sale Prices Ask 56% 60% 106% 1.10% 4,060 Alaska Juneau Gold M cap._ 10 5 Alaska Packers Assn cap 100 Consol 6,361 Mar. 31 Ask Bid 1949 5%% , 182 Bid 2,000 Sou Calif Gas 4 % % 1961 S P Golden Gate Ferries— 1,000 RANGE Price Jan. 3 Since 45c 50% Mar. 7 54% Mar. 13 105% Alar. 9 Mar. 7 Alar. 7 105 m i» 40 106 Mar. 10 Mar. 1 Mar. 29 19 98. Jan. 3, 19 102% Alar. 28 Jan. 30c Alar. 50 16% Jan. 48% Alar. 24 Jan. 45c Alar. 7 54% Alar. 13 Jan. 5 107 4% Jan. 31 42% 103% 3% 3% Alar. 67% Alar. 8.5 35 Jan. 40% Feb. 27 Alar. Alar. 4% Feb. Jan. 105% Jan. 108 1 Mar. 10 Feb. 17 25 25% Alar. 8 8 Jan. 9 Jan. 30 19% Alar. 5% Alar. 9 8 8 18 Mar. 8 18 2 25% Mar. 8 19% Jan. 17% Mar. 30 4% Mar. 1 19% Alar. 9 17 5% Alar. 8 4 Alar. 14 300 14% Alar. 10 88% Mar. 4 83 Mar. 8 18 Mar. Industries 6,060 Inc class A partic pref * 8,276 Creameries of Amer (new)—1 18 21 4 18% 4% Sale 4% Sale 16% 4% 17 Sale Crocker First National Bank 61 61 18,251 1,940 37,235 4,620 2,124 1,040 3,317 2,330 2,475 13,020 2,170 5,957 585 200 462 779 1,695 3,465 330 2,822 230 20 1,100 898 1,400 100 '280 1,260 11,031 2.921 950 2,226 17,924 899 636 1,218 5,527 100 293 Crown Zellerb Corp com (new)Preferred (new) 85 Di Giorgio Fruit Corp com--10 Preferred 100 14 San Francisco cap__; Doernbecker Mfg Co Electrical Products Corp El Dorado Oil Works cap 4 * Emporium Capwell capital—* 13 325 % 2.15 314 9% 15% 15 % 50 35 Emsco Derrick & Eq Co cap.-5 9 Preferred- 345 Ewa Plantation.-- 10% Sale 10% Alar. 31 87 Sale 83 Sale 83 3 Sale 300 2.25 Sale 18 20 4% 10% 12% 15% 35% 11% 4% 10 11 20 31 150 Fireman's Fund Indem cap__10 3.135 Fireman's Fund Insur cap_>25 1,819 Food Machinery Corp com__10 2,485 Foster & Kleiser common.-2% 110 Class A preferred 25 Galland Mercantile Laundry 510 common (capital) * General Metals Corp— 3,560 Common capital 2% 21,528 General Motors. 10 8.136 General Paint Corp common.* 2,207 Preferred -.,-* 3,516 Gladding McBean Co com * 56,557 Golden State Ltd capital * 1,834 Hale Bros Stores Inc capital-.* 1,640 Hancock Oil.-* 4,105 Hawaiian Pineapple Co (new)__ 38,868 Holly Develop Co common-.-l 36 41 82 Sale 34 Sale 12% 325 Sale 300 14% 87 Sale 1.55 1.75 10% 13 Sale 41% 8% 3p 34 83% 29% Sale 1.40 Sale 39 35% 19% 4% 41 30 2.20 3 14% Alar. 31 Sale 36 Alar. 22 7 Alar. 22 25 1.40 Sale 25 30 22% 9 6% 41% 49 7% 26% 9% 6% 12% 38% 19 50 8 6% 32 Sale Sale 14% if* 40 41 Sale 92c 8 1.00 20% 1.25 Sale 7% 35 Sale Sale 6 6% 6% Sale 37 1.30 2 Alar. 3 3% Feb. 9% Jan. 10 10 Alar, 3 14 Jan. 12 35% Jan. 4 7 31 Jan. 3 37 Jan. 21 81 Jan. 4 25 Alar, 31 1.30 Feb. 24 Jan. 25 Alar.20 21% Jan. 5 Alar. 6 Alar.10 7% Alar. 22 41% Alar. 31 1.60 Mar. 8 14 6 32 Mar. 29 Mar. 31 Mar. 10 31 Sale Alar, 22 Mar. 17 7% Mar. 22 41% Mar. 31 Sale 10 85% Alar. 21 29% Alar. 17 22% Mar. 31 7% Mar. 22 Alar. 14 15 6 Alar. 31 Jan. 25 Mar. 15 28% 6% 6% 13% 37 Mar. 30 Mar. 15 37 19% Sale Alar. 22 Mar. 15 17% Jan. 27 Mar. 18 Mar. 11 1.00 Jan. 5 3 6% Mar. 31 6% Alar. 22 14% Alar. 21 Sale 14% Sale 18% 1.00 1 Alar. 23 14 Sale 13 43 Sale Alar. 31 1.40 Alar. 16 29 it* Alar. 38 Sale 24 3 Mar. 18 25 21% 24 Jan. Alar. 17 82% Mar. 31 39 14 2.10 Jan. 14 32 Sale 15 1 3 4% Mar. 4 10% Mar. 20 19% 'M 1.15 Mar. 9 Alar. 3 Alar. 31 Jan. Jan. Mar. 14 14% Alar. 10 14 300 Mar. 31 Alar. 3 38 Sale 82% Alar, 10% Alar. 31 17% Mar. 41% Alar. 3 7% Mar. 2 33% Alar. 27 w* 14 8% 49% 3 Sale 37 16 9% 2 Mar. 10 Sale 37 7 14 9 10% Alar. 10% 9% 9% Alar. 30 Mar. 15 14 4 4 3% 9% Alar. 31 2.25 Mar. 27 15 12 Alar. 14 300 300 23 6 Mar. 30 Jan. 10 4% Feb. 25 Feb. 25 4% Feb. 25 91 21 10% Alar. 20 Jan. 17 17 18 Alar. 3 41% Feb. 28 4 10% Jan. 33% Alar. 27 39 Feb. 25 85% Alar. 21 30% Feb. 28 6 1.60 J an. Alar. 29 15 30% Feb. 17 4 9% Jan. 51% Xiar. 10 7 8% Jan. 34 Alar. 14 3 9% Jan. 8% Feb. 23 15% Alar. 15 41% Feb. 10 21% Alar. 15 1.40 Jan. 20 Jan. 30 23% Feb. 10 5 Home Fire & Marine Insur 240 4.709 100 200 341 70 1,900 1,619 5,581 90 1,337 7,365 384 9,246 100 1,690 3,188 310 Co of Calif capital 10 8,325 Honolulu OilCorpLtd cap new * 170 Honolulu Plantation capital * 769 Hunt Bros Packing common. _* 1,068 Preferred 10 90 Hutchinson Sug Plant cap. 15 1,900 IXL Mining Co 2 pesos 5,837 Langendorf United Bak cl A__* 14,221 Class B * _ 440 60 7,221 3,828 11,567 6,048 58,553 24,467 12,013 90 657 140 110 3,387 9,087 350 650 400 2,000 250 170 Preferred 13 38c 1.4 100 Marchant Cal Mach Co com. 10 Meier & Frank Co 10 Menasco Mfg Co common 1 Nat Auto Fibres Inc com stk._l Natomas Co capital * North Am Inv Corp com 100 6% preferred 100 preferred 100 North Amer Oil Consol cap._ 10 Occidental Insurance capital.10 Occidental Petrol Corp com__l 40 ' ^ 90c 1.60 10 16 18 9 40 30 5% 35% 22c 55c Sale 42% Sale 31% 6% Sale 40c 70c 50c 1.50 8 18% 11% 40% 41 29% 40 38 40 Mar. 29 38% Mar. 22% 20 Mar. 31 Alar. 20 12 Sale 16 20 15 38% 22* i 7 39% 3,687 Leslie Salt Co capital* 12,444 LeTourneau Inc common-__10 464 Libby McNeill & Libby corn..* 32,462 Lockheed Aircr Corp com 1 100 Lyons-Magnus Inc B_ * 4,730 Magna vox Co Ltd capital-_2% 7,274 Magnin & Co (I) common * 40 11,442 5,187 6,240 Preferred 35% 22 15 Alar. 27 Mar. 27 60c 40c 60c Sale 40c Alar. 29 Mar. 7 1.40 Mar. 17 Alar. 9 Alar. 7 Mar. 6 1.70 10 5% 16% Sale 44 42% Sale 5 55c 37* I* 9 26 50c 10c 65c 50c Sale 3 Alar. 43 Mar. 15 41 40% Mar. 20 Mar. 14 40 Jan. 3 25 Mar. 10 Mar. 6 24% Jan. 27 „ 5% Sale 50c 65c . Mar. Mar. 17 4 Mar. 31 5% Mar. 14 26 Mar. 31 Alar. 25c Mar. 18 Mar. 18 55c Mar. 30 Mar. 31 Mar. 10 Mar. 23 12% Mar. 31 9% Mar. 24 12 11% 5% 31% 35 30 30 37 10% Sale 28% 10% 22 27 106 14% 9% 5% Sale 8% 10% Sale 5 18c 12 9% Sale 27% 20c 16c 35 31% 11% Sale 20c Feb. 42 Sale Alar.14 28 Sale 26% 10% 3 Mar. 18 Jan. 13 Jan. 10 Jan. 13 5% Mar. 14 25% Jan. 24 25c 55c Mar. 18 4 12 Alar. 31 Mar. 17 Mar. 8 106 15% 20 1.40 Alar. 17 Feb. 17 8 40c 12 . Sale Sale Alar. 31 12% Feb. 27 6% 15% 8% 38% A* Sale 107 108% 106 15% Sale 12% Sale Sale 10 9% 10% 3% Sale 4% Sale 6 Sale 8% Sale 11 10% Sale 10% 5 4% Sale 6% 13% 100 8 7 8 6% Alar. 18 16% Mar. 31 11% Alar. 23 4% 32% Sale 25c 1.50 8 38% Mar. 106 Feb. Jan. 23 Jan. 11 15 Jan. 55c Alar. Mar. Jan. 4 Mar. 9 3% Mar. 31 Mar. 3% Mar. 31 Mar. 31 Mar. 6 Mar. 10 Alar. 31 1.0% Alar. 13 4% Alar. 22 Mar. 18 28 Mar. 31 Mar. 20 28 Alar. 31 8 28 Mar. 22 30 Sale 28 Mar. 22 Alar. Mar. 31 Mar. 11 26 28 26 Mar. 22 Mar. 16c 18c 16c Mar. 9 Mar. 7 7% 21% Sale 6% 7 Mar. 1 7 9 Jan. 21 4% Mar. 22 9% Feb. 23% Jan. 16c Alar, 3 23 9 7 1.75 Feb. 16 Feb. 20 8% 6% 20% 12% 43% Alar. 14 42 Feb. Mar. 6 Alar. 17 Alar. 15 27 32% Alar. 10 sSB 17 12 40 Mar. Feb. 6 24 25c 67c Mar. 18 16% Alar. Jan. Feb. 16% 10% 5% 9% 11% ■4* 31 9 4 21 Alar. 8 Feb. 3 Jan. 4 Jan. 20 Mar. 2 Jan. 23 Jan. 31 Alar. 8 11% Mar. 11 28 Alar. 19c Jan. 7 17 O'Connor Moffatt & Co— 380 560 2,125 130 155 • 560 Class AA common * 1.292 Oliver United Filters Inc A—* 4,808 B_ 930 Paauhau Sug Plant Co cap. 15 829 Pacific-Amer Fisheries Inc—5 No par value. _ 5% 20% 6% 5% 5% 8 21% 5% 6% 6% 7 20% 5% 4% 6% Sale 21% Sale 5% 7% 18% 4% 5% 4% 5% 20% Mar. 30 4% Mar. 31 5% Mar. 23 7% Mar. 3 20% Mar. 17 5% Mar. 6 6 Mar. 29 5% Feb. 8 18% Jan. 24 4% Mar. 31 5 Feb. 5% Feb.. 24 2 7% Alar. 21 3 Jan. 6 5% Jan. 6% Feb. 6 2 17 6 Feb. J 63 STOCK EXCHANGE SAN FRANCISCO April, 1939] AGGREGATE SAN SALES Jan. 1 January 3 1939 Shares 6% Sale Sale 107% Sale 1.07% Sale 7 13,892 Pac Pub Serv com (new) First preferreu 12,002 Sale 7 21 % Highest Sale Prices Mar. 31 2.00 Mar. 21 Sale Sale 5% 20 Sale 30% 32% 29% 44% 105% 5% Sale 10%. 2.30 Mar. Mar. 31 Mar. 10 Mar. 11 1 Mar. 13 Mar. Mar. 10 Mar. 10 21% Mar. Mar. 31 20 _ _. 121% Sale 1 Mar. 14 148 150 ] Mar. 13 180 445 390 1,264 2,937 10 10 20 59 4% cum conv pref Philippine Long Distance 1,580 5% 7 558 100 6% 16% 22% 3% 4,569 6,457 7,006 Rheems Mfg Co. 2,378 13,330 " 425 80 11,073 940 270 1.974 11,277 530 2,990 45,453 2,174 4,749 140 820 22,849 1,262 630 14,196 7,297 1,200 500 3,568 220 53,449 4,674 8,231 798 2,275 6,582 1,650 4,442 380 Sherw'a Swan Co Ltd ci A—. 8 Mar. 8 Sale 2.50 Mar. 38 35 Mar. 35 Sale 11 Mar. 13% Mar. 9% Mar. 3 Mar. 4 Sale 5% 1.75 Sale 6% Sale 32% 26 Jan. 10 7% Jan. 21% Tan. Mar. 31 17 12 Mar. 14 Feb. 28 Mar. 4 12 Jar Mar. 8 14 24 43 Jan. 6 13 2.80 Feb. 9 Jan. 9 1 26 38% Mar. 8 Jan. 3% 37% 14% 10% 3% 16% Jan. 7 Jan. 10 10 11% Mar. 31 12% Mar. 29 6 31 Jan. 28 Jan. 19 Jan. 18 Feb. 28 Mar. 9 3 4 2.00 Jan. Feb. 6 28 13% Jan. 20 Feb. 7 9 32 7 Mar. 7 106 23 Mar. Jan. 38% Feb. 25 4 Feb. 106 5 5 7% Jan. Mar. 18 4% Mar. 13 11% Mar. 31 Mar. 2 Mar. 14 7 9 Mar. 4 16% Jan. Mar. 31 2.00 Jan. Mar. 13 1 23 30% Mar. 31 "5% Mar."~3 6 Mar. 60 5 4%~Mar.~l3 28 6% Jan, 24 1 10% Mar. Mar. 31 13% Mar. 6 Jan. 11 107 100 6% Mar. 30% Mar. 31 Feb. 7% Mar. 31 Mar. 107 52 2.35 Jan. Mar. 31 2 5 Jan. 8 7 13 Mar. 31 19% J an. 3 85 Mar. 29 96 Jan. 13 Mar. 29 32 Jan. 33% Jan. 21% Jan. 20 Sale 15 96 Mar. 30 109 4 11 8 2.00 Sale 5 6% 13% 11% Sale 13% 105 106% 106% 104 6% 6 7% 27 31% 28% Sale 5% Sale 15% 15% Mar. 102% Mar. 5 Mar. Sale 30% Mar. 10 2.50 Mar. 31 Mar. 30 35 Mar. 30 3 2.80 Mar. Sale 2.25 Mar. 11 Mar. 13 42% Jan. 24 9% Mar. 31 16% Mar. 31 3% Mar. 14 7% Mar. 2.50 15% 101% 108 38% Mar. 11 34% 32% 29% 49% 30 4 1 Mar. 2.00 31% 20% 13 Sale 13 Mar. 31 95 70 90 85 Mar. 29 16% Mar. 93% Mar. 32 Mar. 18 33 21 93% 32% 18% 18% 33 32% 12% Sale 9c 35c 10c 25c 10c 25c 10c Feb. 28 35c Jan. 10 2c > Sou Pac. Golden Gate cl A. 9c 5c 15c 5c 25c 9c Jan. 7 10c Jan. 18 S 39% Jan. 24 5% ' 28% 21% ) II,852 2,200 1,110 6,894 420 i 161,150 Transamerica Corp capital- — Treadwell Yukon Corp LtdCommon capital 20,161 22,142 2,636 4,811 33 Mar. Mar. 14 30c 90c Sale 12% Sale 95 Sale Sale 6 Sale 12% Mar. 31 92% Mar. 17 6 Mar. 18 30c Sale 30c 40c 38c 18% 7% 12% 15% 3% Sale 16 4 3% , \8% 9% Sale 26% 150 110 50 19% 9 Sale Sale 4 9% 27% 8 27 2,806 2 40c Mar. 17 19% 16% Sale 35 Sale 34 Mar. Mar. Mar. 18 Mar. 31 55c 9 26 6 14% Jan. 95% Jan. 7% Jan. 5 18 10 Jan. 4 17% Mar. 31 19% Jan. Mar. 22 8% Feb. 19 3 6 13% Jan. 3 9% Mar. 30 13% Jan. 28 2% Mar. 31 17 4 Jan. 11 Mar. 31 9 Jan. 7 28 8 Mar. Mar. 7 Mar. 30 25 Jan. 26 Jan. 28 110 Jan. 28 285 Mar. 28 Mar. 28 295 295 Feb. 6 300 Jan. 14 19 Jan. Sale 13 Mar. 31 17% Mar. 3 13 Mar. 31 32 33 Mar. 23 36% Mar. 9 29 Jan. 33 Feb. 3% Mar. 31 3% Mar. 2 29 30 Jan. 90c 110 26% Mar. 28 31 36c 13 30c Mar. 150 13 33 Jan. 6 Mar. 28 26 Mar. 14 12% Mar. 31 92% Mar. 17 3% Mar. 8% Mar. Mar. 8 Jan. 75c 19% Mar. 8% Mar. 13% Mar. 9% Mar. 13% Mar. 2.75 Mar. 46% Feb. 16 5% Mar. 27 29% Mar. 14 26c Mar. 28 7 26 21 9 14% Mar. 95% Mar. Mar. 6 Sale 105 Mar. 17,% IMar. 2.75 Sale 18% 660 Sale 17% Sale 7 5% 10 9% 13% Sale 29 4,534 85c 90c 60c 286% 315 286 26% Mar. 35c 26c 4 Jan. Mar. 20 5 Mar. 6% 85c Sale 280 Mar. 31 26c 95% 55c 15 287 25 95 Sale 34c Sale 27% Sale 30c 81c 13 6% 13% ) 26% Mar. 31 25 Sale 1.00 14 13% 93% 9 26% Sale 10 12% Mar. 31 8 45% Mar. 2 5% Mar. 27 29% Mar. 14 43% Mar. 21 5 Mar. 20 5% 5 28% 18% 3,317 6,826 1.370 38 36% 60c 51c 11,142 5% Saie 23% 85c 6% 5% 19% Mar. 12% Mar. 31 28 Sale 36c * Sale Sale 45 46% 6% 45% capital.. 35,035 300 Mar. 15 21 37% 95 965 Spring Valley Co Ltd "1,064 60 2.00 Jan. 7 Mar. 7% 12 1.90 Jan. 1 9% Mar. 16% Mar. 29% 5% 15% 10% Mar. 53 55 Sale 19 Mar. Sale 1.75 101% 105 6% Sale Sale 19% Signal Oil & Gas Co class A. Soundview Pulp Co new 811 5,758 3.461 16 7 8% 11 3 30 Feb. 50 2.00 Mar. 10 4% Mar. 23 32% Saie 2.00 15% Mar. 2.50 Sale 9 105 5% 30% 75 ""'"37 13% 2.55 14% 102% 50 420 14 Sale 4 3,070 170 34 4 Sale 1.75 697 865 37% 8 9% 16% 28% 4,021 Safeway Stores Inc common.. 23 850 2.90 4 Mar. 17 51 2.00 Mar. 1.50 42 13 13 Jan. 119% Mar. 31 129 Feb. 8 150% 2 10% 10% Feb. Mar. 31 47 59% 101% Mar. 8 101% Mar. 10 Mar. Jan. 147 35 5% 20% 3% 37% Sale 13% 100 7 77,562 1,407 23% 2.35 -10( Series A preferred. 150 Sale 12% 20 Sale 37% 13% 8% 40,047 Richfield Oil Co common Com stock purch warrants.. 1,231 oos Bros Inc common ! 1,492 227 47% 41 10,558 Sale 60 8 Mar. 17 51 Sale 4 6 4% 10% 6% 1,815 20 1.00 2.00 680 438 2.50 44% 1.15 1,020 4,800 2,269 2,690 33% 1.50 50 Mar. 4 39% Jan. 54 38% 54 42% 620 50 52% 39% 50 1,570 Phillips Petroleum Co cap__ —* 20 4?* 99 60 506 12% 60% 11% 650 124% 119% Sale 119% Mar. 31 129 Mar. 8 150 149 150% 148% 151 11 10% 10% 10% Mar. 4 19% Mar. 31 Sale 47 56 54% 52% 8 101% 1 101% Mar. 99% 103 10% Mar. 5% Mar. 17 2.40 Jan. 4 Jan. Jan. 20 9 20% I,000 Pac Tel & Tel Co common..1( 470 28% 31% 28% 41% 105% 5% Mar. 11 Mar. 23 26 Mar. 31 5 2.00 Mar. 21 7 34% 32% 29% Mar. 31 49% Mar. 30 108% Mar. 31 Jan. 8 Mar. 4 5% Mar. 17 8% Mar. 31 Sale Sale 106 Sale 21% Lowest Sale Prices Sale 30% Sale 32% Sale 29% 29% 44% Sale Sale 29% 47% 29% 28% 43 %i m % Highest Sale Prices 8% Sale 32% Sale Sale 32 Ask 2500 Sale 33 29% 29 6% 1st preferred 5 % % 1st preferred 15,204 3,280 1,620 5,269 5,484 Sale 2.30 38,523 36,714 35,886 12,874 15,524 15,874 13,950 3,603 6,455 9% m 7 6 * capital Lowest Sale Prices Mar. 31 1 Ask Bid / Sale 9 420 Pacific Clay. Prod 400 Mar. Ask Bid Par 4,160 2,318 1 Prices EXCHANGE STOCKS March Shares RANGE SINCE JAN. PRICES IN MARCH FRANCISCO STOCK Since In 5 Yellow Checker Cab Co— 20 (Consolidated) cl A ser I-. Class A series 2 com cap., ) jsemite Portl Cem Co ) unlisted 50 100 1,295 3,492 12,925 3,856 1,095 1,210 50 pf_. 378 nerican Factors Ltd cap— 200 Ainer Pow & Light com 3,164 Amer liad & Stand San 5,765 Amer Tel & Tel Co com 27,911 6,488 3,245 3,407 2,592 •» «• ~ - - 5,451 * ) ! 1 51 1,170 12 10% 7% ) 1( 39% I 5 1 1 8% 3% Sale Calif-Oregon Power— 6% pref (1927 series) 1( ) 7% 28 % 3% * 6% 27% % 2% Sale 65 12% 14% 80 31% 6% Sale 52c Sale 50c 24% 9% Sale 7% 3% 7% Sale 4 153 10 27% 5% 2% 5% 4% 2% 5 Mar. Mar. Mar. .. « - _ - 2.00 6 1.15 37% 38% 37 0 7% 7% 8 1 1 * 20c * 2,490 3,740 * Solvents Corp com.. * 14 Mar. Feb. 21 Jan; 10 6% Mar. 14 27% Mar. 2% Mar. 20 2% Mar. % % 2% 2% Jan. 17 Mar. 10 Mar. 11 5 24% Mar. 31 9% Mar. 27 3% Mar. 31 6% Mar. 14 19% Mar. 31 Sale 46c 36% 6% 3% 6% 19% % Jan. 30 Mar. 14 Jan. 23 Feb. 24 Mar. 31 Feb. 31% Mar. 8 6% Jan. 20 13 170 Mar. 25 149% Jan. Mar. 31% Mar. 11% Mar. 6% Mar. - — - 14 13% 12 1.15 8 Mar. 13 Mar. 14 Mar. 13 1.15 Mar. 28 76 73% "7c" 3% 13% Mar. 17 2% Mar. 20 4 1.25 1.15 13 Feb. 21 Mar. 13 72 Feb. 6 76 67c Mar. 13 36 Jan. 5 11% Mar. 7 3 7% Jan. 36% Jan. 30 m 6% 29% % 3% Jan. 3 Jan. ll Feb. 28 Feb. 24 Feb. 17 Jan. 12 4 Mar. 13 Mar. 14 Mar. 13 1.25 Feb. 21 34% Mar. 18 34% Mar. 18 34% Mar. 18 Mar. 14 3 Mar. 13 34% Mar. 18 38 14% Mar. 10 Mar. 13 1.15 Jan. 4 7c 3 1 Sale 50c 4 5 11 12 8% 9% 7% Sale 37% Sale 1 15c 5 12% 8% 8% 5% % Sale 6% Sale 1.25 Mar. 7c Mar. 14 3 76 7c 3 8 Mar. 9 % Mar. 22 1 Mar. 1 15c 6 4 13% 8% 8 2 6% Mar. 16 8 Mar. 22 6 Mar. 20 8% Mar. 10 6% Mar. 1 36% Mar. 3 Mar. 6% Sale * 36% 36% 4% 5% 35% Sale 25c 50c 25c 60c 25c 60c 30c 5 10% 42% 11% 43% 11% 12% * 41 42 8% 35 0 22 Sale 7% 33% 26% 9% Mar. 23 37% Mar. 30 25% Mar. 1 2.50 Sale 35c 3,667 EJec Bond & Share Co corn.. 4,700 477 * 200 * capital 1.00 1 * com 1,386 Holly Oil Co capital 20c Sale 2.50 1.75 1 1.50 35c 25% 1.50 30c 2.40 28 2.00 1.50 34% Mar. 31 Mar. 10 2.50 Mar. 6 Mar. 1 1.75 Mar. 2.50 1.50 2 30c 50c 1.75 1.75 Jan. 24 % Mar. 22 9 Feb. 1% Jan. 2 5 "2~.50 2.50 Mar. 15 30c Mar. 10 Jan. 26 25c 4 Jan. 10 Jan. 6% Mar. 15 13% Feb. 24 7 9% Jan. 8 6 19 Mar. 22 Jan. 26 34% Mar. 31 30c Feb. 1 12% Mar. 10 9% Mar. 23 9 37 % Mar. 30 22 Jan. 23 42% Mar. Mar. 16 6 2.50 Mar. 27 35c Mar. 23 1.75 Mar. 2 2.50 Mar. 15 2.50 Mar. 6 30c Jan. 11 1.75 Mar. 2 Jan. 19 15 50c 0 6% 7 12 50c Sale 9 Mar. 8 1,440 485 199 Holland Land Co 14% Mar. 10 7c 15c 2.00 6,454 4,822 B 31% Mar. 8 6% Jan. 20 Mar. 67c 3% Mar. Sale 27 19% 14 Mar. 170 24% Mar. 9% Mar. 30% 10% 4% 12 Mar. 17 31% Mar. 6% Mar. Sale 72% 7c 1.55 3 315 Connn'l 33 4 3% Mar. 31 (new) 200 Coen Cos Inc class A conv Columbia River Packers 140 5 0 Service Co 2,780 3,540 1,410 1,022 1,065 1,120 1,552 1,954 175 6% 3% 8% 28% % 38 30% 4 6% 11 16% 153 Sale 39 37 41% Sale * Cities 3% Sale 34 Sale 6 13% 1,170 Calif Pac Trading Corp com.. 91 3% 9 Sullivan Mg 100 300 34% 10% 1 ,690 199 33% 810 100 200 48c 46c > 100 Berkey & Gay Furu com 14,644 t Blair & Co Inc capital 230 200 6% 16% 158% 57c ! 30 1,150 30% 30 1 855 B & O lilt common 7,117 Bendix Aviation Corp com 30 543 35% 6% 5% 17% 18% 149% 150 ) 3,100 Bunker Hill & 660 30 3% Sale 31% * com. 700 Aviation & Trans Corp cap «• 3% 36% Mar. stocks 100 ■ " 25 9 21 7% Jan. 37% Feb. 3 14 Feb. 1 12% Jan. 42% Jan. 20 30c 27 Mar. 16 2.50 Mar. 35c 5 6 Mar. 23 7 2 1.75 Mar. Jan. 20 3 6% Mar. 17 52% Jan. 17 7% Mar. 22 52% Jan. 17 9% Feb. 27 2.50 Jan. Idaho Maryland Mines Corp 8,731 — 2,287 4,313 5,242 1,480 14,931 1 100 54 * 4,433 1 10,422 1 7% cum preferred. * 2,605 Kennecott Copper Corp com. 20,333 48,855 43% 28c 5c 19% 3% * 15c 3% 7% 4% 17c 15c 6 6 Sale 26c 8 7% Mar. 22 9% Mar. 10 Mar. 28 1.75 Mar. 31 26c Sale 20% 15 33 Sale . - - - - 16 3% Sale 4% Mar. 31 34c Mar. 11 2.15 Mar. 14 38% Mar. 9 14c 5c 14c "33% 6% 1.75 Sale 33 21% Mar. 13 24% Mar. 10 3% Mar. 31 25c Mar. 23 1.75 Mar. 31 Mar. 31 33 5c Jan. 13 21% Mar. 27 24% Mar. 10 3% Mar. 22 20% Feb. 17 24% Mar. 10 3% Mar. 31 16c 150 100 3,013 100 420 * * 6% 8% 27% 18% * 100 8,548 Nor Amer Aviation Inc cap . 1 * 578 0 420 No par value, 49% 5 f Formerly Bancamerica Blair 22 4 Corp. 50% 6% 8% 51% 27% 28 Sale 23 5% 5 7% 17% 25% 4% Jan. Jan. 2.50 Jan. 7 11 Jan. 13 22 Jan. 25 Jan. 6 5 5c 16c Jan. Mar. 2 12c Feb. 8 4% Mar. 4% Mar. 9 4 Feb. 23 4% Mar. 9 8 8 Mar. 1 8 Jan. 28 8 52% Mar. 15 6% Mar. 10 8% Mar. 3 45 13c Mar. 17 Mar. 52% Sale 45 Mar. 31 4% 5% Sale 4 Mar. 31 15% Sale 45 Sale 8<i 6% 5 3 4 8 Mar. 31 Mar. 31 Jan. 31 Mar. 1 Mar. 1 28 14% Mar. 30 18% Mar. 2 25 25 14 % Mar. 30 24% Jan. 19 3% Mar. 22 28 Sale 18% 26% 8% Mar. 1 COI Sale" Mar. Mar. 15 3% Mar. 22 28 Mar. 15 4% Mar. 9 9 3% Feb. 21 4% 15c 3 40% Jan. 37c 7% 13c Sale Montgomery Ward & Co, c 7 4 Sale 4 9 6% Mar. 54 21% 30 1 6% Mar. 17 6% Sale Sale 2.00 Sale Sale 22 1 4,641 15,816 1,065 Sale 37% 5c 3% 10c 9% 20 0 55 2,124 7,988 35c 2.25 Sale 42% «§* 20% 5 121 Monolith Portl Cement com.. 30 9% ) 510 19,655 30c 55 * 175 1,020 310 8% Sale * 200 95 20 76 7 * Capital Jan. 7 9 28 52% Feb. 28 6% Jan. 5 8 % Mar. 3 28 Mar. 1 19% Feb. 16 25 Jan. 4% Mar. 19 9 SAN FRANCISCO STOCK EXCHANGE 64 AGGREGATE SAN FRANCISCO STOCK EXCHANGE SALES PRICES IN MARCH March STOCKS Jan. 1 Shares 1939 Hfi ares Par Bid 178 700 Pacific Indemnity Co cap..-10 525 Pacific Portl Cement com. .100 70 6%% preferred 100 3,049 Packard Motor Car Co com..* 700 Pennsylvania RR capital—50 110 Pioneer Mill Co Ltd capital .20 595 500 10 6,402 Radio Corp of Amer com 902 Riverside Cement (Del) A 2,480 402 589 1,349 Shasta Water Co common—* 13,457 Sou Calif Edison common—25 C 4%% preferred 4,233 25 B 6% preferred 6,848 25 246 Sou Calif Gas 6% pref 25 Sou Pac Golden Gate Co— 2,446 10 40 100 2,525 50 23 % 10 24 23% 28 1.80 45 50 Lowest Highestl Sale Prices Sale Prices 1.75 Jan. Mar. 17 20 "16% "14" 11% Mar. 15 Sale 6 Sale 6 5 Sale 5 Mar. 31 Mar. 18 27 Mar. 14 27 "4% 27 Sale 23 23% 28 25 24 % 26 4% 22% 27% 28% 27 % 28% 27% Sale 28% 29% Sale 27% 26% 20% Jan. 12 5 18% Jan. 30% Feb, 17 3 "5% 5% Mar. 22 22% Mar. 30 Sale 20 Sale 20 25% Sale 25% Mar. 18 27% Mar. 1 28 28% Sale Mar. 6 29 31% Mar. 32 29% 4 Jan. 10 45 3% Mar. 27 Sale 14% Mar. 15 Mar. 17 33% Mar. 2~50 3% 3% Sale §a 24 26 6 Mar. 17 25 32% Mar. 15 50 45 24 22 ~l".80 4% 22% 11% 7% Highest Sale Prices 21% Mar. 25 ~ 2.30 4 24 H Sale 23 36 6% 24 % Mar. 14 4 4% 23% 11% 8% 5% 28% 7% 25% Mar. 10 Mar. 9 Mar. 15 Mar. 6 Mar. Mar. Mar. Mar. 25 Mar. Mar. 17 20 Mar. 14 7 Feb. 11 6 Mar. 31 5 Mar. 15 Mar. 17 48 Feb. 4% 23% 11% 8% Jan. 4 Mar. 9 Mar. 15 Jan. 5 Mar. 18 Mar. 14 27 Jan. 4 18 22% Jan. 18 6 Mar. 20 27% Mar. 10 28% Mar. 16 29% Mar. 28 32 3% Mar. 27 24 26 33 % Mar. 3 2.45 Feb. 17 23% Jan. 27% Jan. 28% Jan. 28 Jan. 10 32 11 4 11 Feb. 6 28% 7% 25% 26% 27% 27% 29% 33% 2 20 Mar. Feb. Mar. Jan. Mar. Jan. Mar. 28 3 13 10 9 28 7 Feb. r 3 % 6 % * 25 1 Ask 23 "2" 50 Lowest Sale Prices Mar. 31 1 Ask Bid 22 Sale 4% ..100 6% preferred 1,285 Standard Brands Inc com 100 Standard Oil N J capital 5,531 Studebaker Corp common 692 L65 45 5% 24% 3 % 104 Santa Cruz Portl Cem com. _50 Bid 33 7% 7,254 Schumacher "Wall Board com.* Preferred * 1,366 1,089 22 * 104 4,297 1,537 23 18% " * 2,228 Mar. Ask 20 732 Oahu Sugar Co Ltd capital._20 383 Onomea Sugar Co capital—20 327 200 II RANGE SINCE JAN. Price Jan. 3 Since In 51 % 7% 8 7% 52% Sale 8 7 3% 6% 48 7 6% 6% 50 7% Mar. 3 7% Mar. 10 47% Mar. 21 8% Mar. 6 47% Mar. 21 "7" Sale" 8 7 3% Jan. 13 6% Feb. 7 47% Mar. 21 Mar. 31 7 Mar. 31 4 r 6 Jan. 7% Mar. 10 47% Mar. 21 8% Mar. 6 Superior Portland Cement— 25 20 10 Class A Class B preferred * * common 200 Texas Corp common 5,189 United Aircraft Corp cap ~ 1~,296 135 315 3,500 11,076 25 5 United Corp of Del common..* U S Petroleum Co capital 1 U S Steel Corp common * Utah-Idaho Sugar Co com 5 6,575 21,757 100 '""566 1,100 Yica Co common 3,634 Warner Bros Pictures 2,292 25 12 42% 39% 2% 70c 68% % 41 45% 14% 43% 40% 3% 14% Mar. 6 "37 """Mar ."23 40 3% 33% 2% 75c 60c Sale 60c 50% % Sale 1 Sale 1 % 2.00 10 44 15% 14% Mar. 44% Jan. 13% Feb. 44% Jan. 6 43% 63 % Sale 1% 39% 14% 13% 42% 39% 3% 70c 85c 80c 44 85c 1.50 75c 5 6% 6% 5% 5% 5 5 com 140 West Coast Life Ins Co cap 10 35 6 6% 5 6 5 34% 2% 20 27 12 24 7 35 70c Mar. 2 60c 50% Mar. 31 65 Mar. 9 90c Mar. 27 Mar. 31 90c Mar. 27 5 5 1.25 38% Mar. Mar. 18 5 Jan. 3% Feb. 28 Sale 6% Mar. 21 Mar. 21 50% Mar. 31 % Feb. 28 90c Feb. 23 5 Jan. 26 4% Feb. 15 6% Mar. 10 Mar. 18 44% Jan. 20 14% Mar. 6 Jan. 18 42% Feb. 25 3% Feb. 28 75c Feb. 21 69% Jan. 4 % Feb. 28 1 Jan. 31 6% Mar. 10 47 5 Jan. 1 RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock Sales March 1938 1939 Shares. ... Jan41 to March 31 413,859 1,452,481 Bond Sales 1938 1939 , March 518,367 1,353,965 Jan. 1 to March 31. AGGREGATE SALES LOS STOCK In ANGELES PRICES IN MARCH March STOCKS Shares "4",675 175 1939 Mar. Par 375 Barker Bros 15 Bid Ask 1 2,200 Assoc Gas & El A 38,559 Bandini Petroleum Co 15 1 1% Sale 12% 33% 1 50 5%% preferred 3% * common 11% 28% 450 3,100 Barnhart-Morrow Cons 1,300 Berkey & Gay Furn Co 1 57 %c 75c 4,275 6,135 Bolsa Chica Oil Corp A 10 2% Sale 1,200 100 . 1,140 2,500 £201 £317 1,169 100 2,084 2,546 575 2,315 1,100 350 669 3,844 1,700 3,810 40 5,418 m mm — ' "966 7,130 £58 2,632 5,787 7,250 £200 £250 720 265 "4",500 3,669 7,251 5,623 300 22,341 £4,000 "2~906 3,500 £1,166 2,000 940 B 5c 10 common 2,670 Broadway Dept Store com 3,600 Buckeye Union Oil com 583 Byron Jackson Co „-_* 971 California Packing Corp * 2,092 Central Investment Corp.-100 100 Chapman's Ice Cream Co * 6,115 Chrysler Corp 5 5,733 Consolidated Oil Corp.* 2,085 Consolidated Steel com * 5,143 Preferred * 2,008 Creameries of America v t c * 350 District Bond Co 1,452 7,172 4,950 16,005 --25 Douglas Aircraft Corp Electrical Products Corp Emsco Derr & Equip Co Exeter Oil Co A 4 5 1 142 Farmers & Merch Nat Bk.-lOO 12,909 General Motors Corp 10 150 General Paint common * - 2,715 Gladding McBean & Co 9,124 Globe Grain & Milling Co 958 Golden State Co - * 25 * 5,760 Goodyear T&R Akron com--* 10,281 Hancock Oil Co A * 66,740 Holly Development Co 1 465 Holly Oil Co 5 300 Honolulu Oil Corp * 934 Hudson Motor Car Co 1,682 Hupp Motor Car Co 3,165 Intercoast Pet Corp 8,000 Jade Oil Co 17,200 15,480 17,910 9,556 2,000 78,866 2c 1% 8% 4c 17 18 16% 17% 16% 15 1.00 81 8% 5% 9% 4 5% 76% 9% 9% 65c 360 49% 6% 9 5% 6% 1.75 82 9 6% Sale 4% 77% 10% 10% 70c 370 Sale 8 10 6 37 7 37% 39% 42 90c 1 62 %c 1 12c 60c 52%c 2% Sale 50c Sale 5c 15% 16% 17% 14 16 1 75c 16 Mar. 3% Jan. 3 Mar. 31 7 Mar. 31 7 Mar. 31 13 33 33 Mar. 16 33 33 12c Mar. 12c Mar. 16 Mar. 2 30c 5 Mar. 16 Feb. 7 55c Mar. 31 50c Mar. 23 75c Jan. 30 2% Jan. 3 26 13c 55c 1% 6% lc 28 30c 12c Mar. 16 Mar. 2 Sale 50c Mar. 23 Sale 1% Mar. 22 2% Mar. 7 75c Sale 5c Sale 2.00 1.00 80% 66% 67% 8 Sale 3% 7% Salq Sale Sale 4 8* "7l% Sale A* Sale 385 399 49% Sale 8 6% 9 7% 5% Sale 8% 34% 42 40% J" 1.20 1.25 6% Mar. 31 Sale 5 5% 58% "59% 10 Sale 7 Sale 52 %c Sale 375% 390 41% 6 5% * 7% Sale 7 6% 24% 25% 35% Sale 1.05 2 Sale Sale 1 3c 06c 2c 5c 2c 2c Mar. 20 6% Feb. 27 3c Mar. 2c 1.00 Mar. 31 74 Mar. 18 8 Mar. 31 3% 7% 4% 6% 66% Mar. Mar. Mar. Mar. Mar. 10 Mar. 31 7 50c Mar. 17 31 30 1 14 18 Mar. 20 1.00 Mar. 31 83% 8% 4% 9% o 6% 66% 11% 7% 57 %c Mar. 8 Mar. Mar. 3 Mar. 6 Mar. 14 Mar. 18 Mar. 10 Mar. 2 45 Mar. 1 Mar. 16 399 Mar. 6 Mar. 22 51% Mar. 10 7 5% 16% 30% 35% Mar. 1 Mar. 18 Mar. 28 Mar. 31 390 1 11c 7c 12c Mar. 30 1.05 Mar. 31 2 Mar. 31 8 1 2% 3% 5% 4 70c Sale c 24% 50c 50c it" 3,000 Mid-Western Oil Co 5,520 Mt Diablo Oil Ming & Dev---1 15,000 Nor don Corp 5 4,466 Occidental Pet Corp -.--1 7,250 Oceanic Oil Co 1 1,630 Pacific Clay Products * 03c 05c 3c 48c 60c 10c 17c Sale 22c 18c 1 77%c 80c 6% 7% 25c 6c 32% 33% 2% Sale 4% Sale 70c Sale 2 4% 3 21% 5% 12c 25% Sale 4% 65c Mar. 20 8% Mar. 30 18% Mar. 6 35% Mar. 8 30c 6c 3c 55c 50c 55c 8c 10c 20c 6c 9c 6 20c Jan. 75c Feb. 8 Jan. 4 3c Jan. 12 75c Sale 25c 18c 19c 67 %c Sale 5 20c Sale 25c Feb. 14 1.00 Mar. 31 67% Jan. 3% 7% 3% 6% 66% 9% 7 5Cc 360 Mar. Mar. Feb. Mar. Mar. Jan. 5 30 a0 16 14 18 17 9 Feb. 17 Jan. Jan. 19 1.00 Mar. 31 83% 9% 6% 9% 5 4 399 23 6 Mar. 30 Jan. 11 8% Feb. 23 30% Mar. 28 35% Mar. 31 6 20 17% Jan. 6% 70% 11% Mar. 17 10% Mar. 20 67%c 43% Jan. 7% Jan. 7 26 Mar. 31 16 6 Mar. Jan. Jan. Jan. 3 Mar. 6 8 6 4 Mar. 14 Feb. 9 Mar. 10 Jan. 4 Jan. 20 Mar. 6 51% 7% 9% 8% 8% Mar. 10 Mar. 6 Jan. 7 Mar. 30 Feb. 23 35% Mar. 8 42 Mar. 2 Feb. 10 1.30 Mar. 7 1 Jan. 5 1.40 Jan. 20 2% Mar. 25 2 Mar. 31 2% Jan. 22% Jan. 12 41 1% 35c 23 Feb. 2 7 Mar. 1 Mar. 9 7c Mar. 13 2 Mar. 31 4% Mar. 50c 1 Mar. 27 Mar. 31 10c Mar. 7 33% Mar. 3 2% Mar. 15 4% Mar. 7 50c Mar. 27 4% Mar. 1 Mar. 1% Mar. 29 30c Mar. 7 Feb. 2% Jan. 23 2 5 9 41c Jan. 10 4c Feb. 1 Jan. 18 16 49c 8c 118c Mar. 8 119 Mar. 24 Mar. 3 Mar. 4 67 %c Mar. 31 5 Mar. 31 Jan. 7c Mar. 10 12c Jan. 36% Feb. 24 2% Jan. 7 4% Mar. 7 26 2 Mar. 31 3% Jan. 50c 3 24 Jan. 5 20 50c Jan. Mar. 31 5% Jan. Feb. 4c 20 8 4c 50c Mar. 28% Mar. 29 119 30c 72 %c 1 3c 3 5c 12 22% Jan. 15% Mar. 31 1% Mar. 29 Sale 40c 15 Jan. 16% Feb. 9 12% Mar. 31 8 Mar. 21 5c 10c 50c 6 Mar. 10 7 30c 1 Feb. 8 Sale 17c 2 1% Mar. 22 75c 13% 114% Mar. 28 116% Mar. 18 16% 115% Mar. 31 118% Mar. 12% Mar. 31 14% Mar. 16 12% 15% 12% 1.00 3 34% Sale 19 5 7 40c 33% 11 28 3% Mar. 31 30c 1% Jan. 5% Jan. Jan. Sale 40c 7% HighestI Sale Prices Sale 79% 8% 5% 9% 4% 5% 70% 10% 7% 57 %c 50c Sale Prices 7 30c 2c 21c 65. Lowest Sale Prices c 1.10 21% Highest Sale Prices 4 36c 10 page 33 30c 50c Lowest Ask 18% 4% L A Investment Co Mascot Oil Co see 4% 10% 31 1 footnotes 1 4% 9% 7% Mar. 31 Ask Bid 20% 22% 6% VA 1% Sale _1 Menasco Mfg Co. 4,050 Merchants Petroleum Co 50c 7 25c 1 Bid 24 8% 2% Lincoln Petroleum Corp Lockheed Aircraft Corp L A Industries Inc___ 2.950 Pacific Distillers lnc For SINCE JAN. Jan. 3 Jan. 1 Shares RANGE Price EXCHANGE Since 52%c Mar. 8 9c Mar. 3 120c Mar. 4 75c Mar. 6 6 Mar. 1 4c 49c 8c 18c 15 Mar. 24 4 Feb. 15 55c Jan. 11 Feb. 23 10c Jan. 4 20c 67%c Mar. 31 85c Jan. Jan. Jan. 17 5 25c Mar. 31 Feb. 7 7% Jan. 30c Feb. 3 7 19 16 April, 1939] STOCK ANGELES LOS EXCHANGE 65 AGOREQATB PRICES IN MARCH los angeles stock exchange SALES March STOCKS Shares 4,532 <20 362 1,748 740 300 3,250 1,544 372 <50 """280 4,260 Preferred A 400 9,248 20 5,595 4,497 <129 2,087 9,871 8,075 " 3 ,330 100 25,713 17,724 1,390 """300 1,635 <100 429 _* 10 11,720 Republic Petr Co Ltd---- —.10 <300 10,908 1,163 2,350 16,500 1,041 285 * - 5,800 63,656 7,405 6,029 92,480 2,394 747 1,000 25 __25 25 10 * * <60 Pacific Public Service324 Pacific Public Ser 1st pref 420 Pacific Sestern Oil- 362 375 <145 10 .10 Preferred series C 4,657 Pac Gas & Elec Co com 1st preferred 6% 1,726 500 5%% 1st preferred7,680 Pacific Indemnity Co 4,245 Pac Lighting Corp com 450 $6 preferred 94 Preferred 50 Rice Ranch Oil Co! 1 Richfield Oil Corp common Warrants * Roberts Public Markets * Ryan Aeronautical Co Saleway Stores Inc Security Co units <355 Shell Union Oil Corp 27,000 Sierra Trading Corp 2,837 Signal Oil-Gas A ; 1,150 Sontag Drug Stores 28,773 So Calif Edison Ltd 331 Mar. 1939 Par 7,856 Pac Finance Corp common--10 <20 242 1 Jan. 3 Jan. 1 Shares RANGE SINCE JAN. Price Since In 1 * * 25c _* 25 com Original preferred 25 6% preferred 25 5% % preferred .25 Calif 572 So calif Gas 6% pref25 5,569 So Calif Gas A 6% pref 25 100 24,070 Southern Pacific Co * 21,603 Standard Oil of Calif. 750 Sunray Oil Corp. 1 6,509 Superior Oil Co common. 25 200 Taylor Milling Corp * 71,240 Transamerica Corp. * 25 39,752 Union Oil of California -.10 3,250 Universal Cons Oil Co 630 Van de Kamps Bakeries * 535 Weber Showcase & Fix pref * 7,125 Wellington Oil Co 1 Sestern Pipe & Steel Co— T10 <100 1,029 Yosemite Portl Cement pref 10 . 11,736 13,296 - - Bid 11% 12% 10 28 % 3IX 28 % 27 % 43% 108 m 20% 11% 3% Ask 12 9% 29% 32% 29% 28 Sale Sale 7% 21% 12% Sale 18c 25c Sale 2% 3 A 7% 28% 28% 14% Sale 6c Sale 24% 42% 28% Sale 3% Sale 29% 30 15% 31% 10 Sale 33% 32% Sale 29% Sale Sale 3 Sale 33 "26c" 25c 9% 2% 20c 25c Sale 4 6% 36% 27% 13% 7% Sale 1% 2% 4% Sale 5% Sale 30% 31% 2% 4% Sale -37-%} 30 14 30 31 II 28% Sale 10 9 11% Sale 9 10 Mar. 25 42 42 Mar. Sale 28 Sale 2% Sale 8 2 2% 40 43 7 Sale Sale Sale 8% 8 Sale 9% 6% 18% 15% ■8% Sale Sale 16 8% Sale 4 20 3% 16% 3% 17% 4 3% 3% Mar. 27% Mar. <31% Mar. 4c 8% 4% Mar. 22 7 17% Mar. 31 8 Sale 3% 15 3% 3% < Feb. 6 Mar. 10 6c Jan. 3 25 11 43 4 Jan. 3 Jan. 17 17 Mar. 14 32 32% 12% 26% 2% 37 Feb. Mar. 31 Mar. 31 Jan. 25 Mar. 31 7% Mar. 27 Mar. 28 19% Mar. 16% Mar. Mar. 31 Mar. 21 Jan. 6 Mar. 22 17% Mar. 31 Mar. 31 13 8 Jan. 20 9 8 9% 13 31 Jan. 45% Mar. 10 7% Mar. 27 Mar. 31 7% Mar. 27 13 39 Jan. 23 37 Sale 1.3 Mar. 18 28% Jan. 19% Mar. 4 31% Mar. 14 6 17 Feb. 23 Jan. 3 42 8 <32% Mar. 32% Mar. 29 6% Sale 17% Sale 21 Jan. Jan. Mar. 18 Mar. 8 Jan. 10% 3% 4% 7% Mar. 10 2% 7 7 6 Mar. 25 12% Mar. 26% Mar. Sale 37 19 24 5 32% Jan. 9% Mar. 21 27% Mar. 10 32 Sale Jan. Jan. 30c 27% Jan. 26 1 8% Feb. Mar. 21 Sale 2 W* 26 Mar. 10 Sale 32% 12% 26% 4 Mar. 15 <13% Mar. *2 Mar. 29 6 Mar. 23 3% Feb. Mar. 21 Sale Mar. Jan. 7% Mar. 2% Mar. 3% Jan. Mar. 14 25 28 Jan. 4c 29% Sale 28% Sale 32 25c 9 4 31% 9% 27% 42% 29% 28% 40 Sale Mar .30 Mar. 29% "32% 36 Mar. 44 18% Mar. Mar. 26% Feb. 9 Mar. 11 Mar. 14 10% Mar. 3% Jan. 35 9 26 21 Jan. 10% Mar. 2% Mar. 2 28 28% 32% 32% 7 Mar. 31 10% 33% 32% 26% 33% 48% 108% Mar. 28 4% Mar. 13 1 6% Mar. 30% Mar. 22 12% Mar. 42% 12% Mar. 14 Mar. 14 9% Mar. Mar. 29 Sale 6 4 10% Mar. 3% Mar. 43 "32"" 105% Mar. Mar. Mar. 35% 3 4c Mar. 10 Mar. 14 Mar. 14 Mar. <22 30 Mar. 15 10% Feb. 28% Jan. 31% Jan. 29% Jan. 27% Jan. 43 Jan. Mar. 5% Mar. 30% Mar. < 10% Mar. 31 Mar. 14 21 Mar. 4 6c 3c 28 30 10 10% 33% 32% 29% 33% 48% 108% t 7% 7% Mar. 2% Mar. <22 Sale 30 13% 6c 4c ,iy' 36 35% 12% Mar. 14 31 21 <10% Mar. 21 31 31% 21% m Mar. Mar. Mar. Mar. Mar. Mar. 30 31 17% 3% 30% Sale 32% Highest Sale Prices 10% 10% 10% 31% 32% 29% < .9% 30 Lowest Sale Prices 29 29% 28 Sale 34% 28 Mar. 44 46 Mar. 48% 43 108 105 107 106 105% Mar. 5 7% 6% 5% < 6% Mar. 20% 21% 19% 20% 10 10% 9% 10% Mar. Sale 6% 18% 15% 7% 10% Sale Highest Sale Prices 47% 27% 2 Lowest Sale Prices Ask 33 27% Sale 43 Mar. 31 10% "16% 32% 40 30% 8% 11% 10% "io% 35 9 1 Ask Bid Bid 4 Mar. 1 4% Mar. 21 3% Mar. 21 3% Mar. 13 16% Mar. 14 <16% Mar. 14 3% Mar. 7 3% Mar. 7 4 Mar. 1 Jan. 19 29% Mar. 25 28% Mar. 14 32% Jan. 20 33 Jan. 18 4 215% Jan. 29% Mar. 10 2% Jan. 25 45% Mar. 10 8% 7% 19% 16% 8% Jan. 4 Jan. 10 Mar. Mar. Feb. 9 8 14 4% Mar. 21 3% Mar. 21 5 Jan. 4 3% Feb. 23 3% Jan. 9 mining stocks— 380 53,000 5,000 3,800 650 13,000 1,000 9,400 1,505 <495 3,669 5,651 <290 <135 1,305 1,660 <915 <130 <55 571 885 Alaska Juneau Gold M Co_10c Black Mammoth Cons M ColOc Calumet Gold Mines Co lOc Cardinal Gold Mining Co 1 94,500 92,700 26,480 1,625 50,000 7.389 American Tel & Tel Co 10.375 Anaconda Copper Mining 830 Armour & Co (111) <442 Atlantic Refining Co 3,534 Aviation Corp (Del) 4,785 Bendix Aviation <1,515 Borg- Sarner Corp <305 Canadian Pacific Ry <55 Case (J I) 1,499 Caterpillar Tractor 1,605 200 1,050 2,065 4,655 2,339 3,567 1,777 2,607 3,359 1,105 4,779 11,621 15,380 4,099 <463 600 1,806 1,141 1,530 <643 1,215 1,354 475 1,678 4,913 4,186 1,613 338 <575 581 2,256 175 4,647 645 1,358 1,189 1,218 1,237 <498 1,884 <262 1,114 1,197 <647 <813 603 2,525 4,418 3,376 480 * 10c 15c 3c 5c * 100 50 5 25 3 17% 51% 149 33% 5% 22% 8% 28% 31 5% ♦ * Corp.. Electric Bond & Share 5 Electric Power & Light Corp.. General Electric Co * General Foods Corp iP 1 10* 43 39 * International Tel & Tel alennecott Copper Corp * * Loew's Inc * 54% 9% 42% 53% — Montgomery Ward & Co * 50 New York Central RR North Amer Aviation Inc * 21% 1 19 1,035 Seaboard Oil of Del Sears Roebuck &Co_ Socony-Vacuum Oil Co Southern Ry Corp Sale * * * 22% __* 73% 15 13% 22% 7% 52% 7% 19% 47% 14% 90% 40% 3% * 25 1 25 25 10 Corp U S Steel Corp Warner Bros Pictures * * 10 100 5 Westinghouse Elec & Mfg.._ 50 § Removed Sept. 8. 8 2% 24% Swift & Co U S Rubber Co Sale 9% Texas Corp Tide Water Assoc Oil Co Union Carbide & Carbon- United Corp (Del) 27% 11% 11% 43% 39% 24% 55% 9% 43% 54% 50% 22% * ... Standard Brands Inc Standard Oil Co (N J) 11% 1% Sale 27 % 23 % 6% 30% North American Co 840 Ohio Oil Co No par value. 32 91 * United Aircraft Sale 47 Sale Goodrich (B F) Co International Nickel Co Studebaker 22% Sale 46 i _ 2,001 Packard Motor Car Co 1,959 Paramount Pictures Inc. 5.076 Radio Corp of America 360 Radio-aleith-Orpheum 13,065 Republic Steel Corp 2,418 2,805 2,068 3,421 1,392 5,389 <1,021 2,343 1,808 1,736 2,426 1,703 4,225 9,514 5,716 1,094 18% 150"" 89 * Commonwealth & Southern. _* Continental Oil Co (Del)—.5 Class A 5He Sale 1% 2% lc 1 %c 1 5 Columbia Gas & Elec Corp Commercial Solvents. Curtiss-Wright 10% 1 unlisted stocks— 2,573 Amer Rad & Stand San 1,361 Am Smelting & Refg Co <315 825 Imperial Development Co__25c 4.100 Tom Reed Gold Mines Co 1,633 695 1 13,400 Zenda Gold Mining Co 5,326 2,317 4,139 1,048 8.205 1.611 Cons Chollar G & 8 Co 9% 23 He 25c 5c Sale < Odd lots. Sale 68% 6% 118% 9% 9% 20%c 21%c 8% 9% 9% Mar. 15 19%c Mar. 7 24c Sale 3c 4c 3c 5c 3c 8c 10c 8c Mar. 8c 9c 1% 2% 1 1% lc 2c lc 2c 9c 15c 9c 15c 4c 3c Sale 2%c l 11* Mar. lc 3%c Mar. Jan. 10 Jan. 10 30c Jan. 10 5c Jan. 10c Jan. 6 2% Jan. 16 3 1% Mar. 14 1 %c Mar. 1 1% Mar. 7c Jan. 30 1% Mar. 14 2c Mar. lc Jan. 10 2c Jan. 10c Mar. 22 10c Mar. 9c Feb. 24 10c Jan. 17 4c Mar. 3c Feb. 23 4c Jan. 20 18% Jan. 4 3c 8 9c Mar. 14 11 12 14 Mar. 16% 16% Mar. 45% 46% 35% 36 36% Mar. 158% 159% 152% 153% 155 Sale 29% 30% 23% Mar. 23% o 4 4% < 4% Mar. 5% 21% 22% 19% 20% <20% Mar. 5 6% 5% 6% Mar. 7% 27% 27% 19% Sale 19% Mar. 21% 22% <21% Mar. 27% 26% 4% 3% 4% < 4% Mar. 5% 88 90 74 76 <81% Mar. 51 52 42% 41% 52% Mar. 8 6 6% 8% 6% Mar. 9% 12% 13% 10% 11% Mar. 1 % 1% 1% Sale 1% Mar. 26% 24% <24% Mar. 26% 23% Sale Mar. 5 6% Sale 25% 21% 21% <22% Mar. 26% 12% 7% 11% 8% 11% Mar. 11 11 Mar. 7% 7% 11% 41 41% 3.3% 34% 38% Mar. Sale 41 40% 40% Mar. 41% 21 % 22% 16% 18% Mar. 15% 46 52% 46% <46% Mar. 53% Sale Mar. 7 7 9% Sale Sale 38 32 30% 36% Mar. 49% 38% 39% 45% Mar. 50% 43 43% 51% 52% 48% Mar. 20 14% Sale 19% 14% Mar. Sale 18 13% Sale 13% Mar. Mar. 22 25% 20% 19% 26% 7 7% 8% 9% 9% Mar. 4 % 3% 3% 3% <3% Mar. Mar. 10 10% 7% 11% 8% 6 7% 5% 6% Mar. 2 1% 2% Mar. 2% 22 21% 15% Sale 15% Mar. 19% 16% Sale 16% Mar. 20% 72% 67% 68% 73% 74% Mar. Sale Mar. 12 12 12% 12% Mar. 20% a2\y» 13% 14% 21 Sale 6 6% 6% Mar. 46% <45% Mar. 48% 49% 45% Sale 6% 7% 7% Mar. 17% 19% 18% <18% Mar. 43 44 Mar. 37% 43% 12*% 11% 12% 13% 13% Mar. 73% <72% Mar. 83% 84% 73% 34% <34% Mar. 39% 40% 33% 2% 3% 2% 2% Mar. 3% 36% 48% 44% Mar. 49% 36 64 49% 63% 50% 54% Mar. 4% Sale 4% Mar. 5% 5% 111 112 93% 94% 103% Mar. . 26c 30 9% Mar. 15 19%c Mar. 7 9% Mar. Mar. 14 16% 47% 165% 32% < 5% Mar. Mar. 14 4 Mar. 29 9 Mar. 10 Mar. 9 Mar. 8 Mar. 3 <21% Mar. 155 Mar. 20 165% Mar. 9 5 10 2 23% Mar. 31 5% Feb. 28 6% Mar. 10 29% Mar. 8 <32 6% Mar. 17 19% Mar. 31 36% Jan. 5% Jan. 8% Jan. .3 29% Feb. 24 Mar. 14 < 4% Mar. 21 <91% Mar. 3 8 52% Mar. 8% 11% 1% <29% 6% <25% 11% 11% 42% Mar. 44% 6% 11% 1% 26% 9 Mar. 24 Mar. 17 Mar. 13 Mar. 31 1 5 Mar. 1 24 Jan. Mar. 3 11 Jan. Mar. 8 10% Jan. 24 37% Jan. 26 40% Mar. 18 Mar. Mar. 24 42 Mar. 16 93 Mar. 6 <54% Mar. 11 9% Mar. 10 38 Mar. 7 11 Mar. 24 Mar. 30 Feb. 14 Jan. Mar. 7 Mar. 30 Mar. 15 Mar. 31 35% Jan. 1 26 11 28 45% Mar. 18 45% Mar. 18 50 46% Jan. 25 14% Mar. 31 13% Mar. 31 20% 18% 26% 9% < 4% 11% 8% 2% 22% 20% 74% 13% 21% 7% <50% 8% Mar. 17 Mar. 3 Mar. 8 22 Mar. 10 Mar. 22 "52% "Mar .""8 8% 12% 2% 26% 7% 24% 12% 12% 42% Mar. Feb. Feb. Feb. Jan. Jan. Jan. Jan. Mar. 42 Mar. 16 23 Mar, 55% 9% 39% 45% Jan. 6 Feb. 27 Jan. 14 Mar. 18 Mar. 17 50 9 14 6 14 3 31 19 19 4 6 22% Jan. 4 19% Jan. 4 26% Mar. 10 Mar. 9 8% Feb. 24 10 Jan. Mar. 1 9 4 4% 13% 8% 2% 25 20% 74% 13% 21% 7% 50% 8% Jan. 6 Jan. 3 Mar. 8 Mar. 17 46% 14% 84% 41% 3% 51% Jan. Mar. Feb. Feb. Feb. Jan. Mar. Mar. 10 26 Mar. 17 6% Mar. 30 2% Mar. 17 165% Mar. 30 8 Mar. 17 Mar. Jan. 3 Mar. 31 Mar. 16 16% Mar. 4 69% Jan. Mar. 6 12 23 Mar. 31 Mar. 3 Mar. 11 20% Feb. 27 Mar. 10 50 Mar. Mar. 22 7 9 Feb. 3 Feb. 21 Jan. 6 4 Mar. 16 Mar. 4 Jan. 3 Mar. 3 Mar. 11 Jan. 17 Mar. 9 <19% Mar. 10 44 Mar. 44 Mar. 13 <40% Mar. 3 Mar. 50 3 Mar. 3 9 65% Mar. 6% Mar. 10 105% Mar. 20 1 Mar. 12% 84% 38% 2% 42% 54% 4% 9 14% Mar. 10 <88 Feb. Feb. Feb. Mar. Jan. Mar. Mar. TVTqt. 69 Jan. 6%fJan. 110 Jan. 17 10 28 24 6 3 3 5 11 Cleveland Stock Exchange MONTHLY AND YEARLY RECORD THE CLEVELAND STOCK EXCHANGE RANGE OF PRICES ON 1939 Stock Sales March Shares. Jan. 1 to-March 31 t_ Bond Sales 1938 31,360 Jan. 1 1939 1938 March 87,709 36,705 107,172 to March 31 AGGREGATE CLEVELAND SALES PRICES EXCHANGE STOCK In March S STOCKS Jan. 1 Shares 125 405 110 55 1,175 Bid Air-Way El Appli 1st 7% pf 100 Akron Brass Mfg common * Amer Coach & Body 5 605 Apex Electric & Mfg * 5,141 jBrewing Corp of America 3 8 578 531 410 54 Canfield Oil common.. 2,438 259 330 326 Cleveland 970 32 2,596 1,461 5,185 4,384 17,580 211 401 Colonial Finance Co 92 195 Commercial City Ice & Fuel * _1 Builders Realty * Cleveland Cliffs Iron pref * Clev El 111 $4.50 cum pref * Cleveland Rys __100 Cliffs Corp v t c * 68 Ask common Bid Sale 6 8 6% 6% 8% 5 12 13% 654 6 H 16 2 10% 3 57 "21" 22% 2 61 mx *15% 17% 20 59% 113 22 Sale 116% 15% 21 125 621 70 123 Halle 1,003 880 553 2,121 2,540 222 W 33 38% 51 626 * Harbauer. 953 138 50 * 5 Brothers Preferred * Interlake * SS Jaeger Machine Kelly Island L&T Lamson * 1,004 100 420 23 16 Metropolitan Paving Brick * 100 Preferred Murray Ohio Mfg * Myers (F E) & Bros Co com..* 80 795 1,573 1,774 5,334 673 879 164 3,706 765 34 69 302 289 1,346 663 789 411 925 1,400 535 4,409 585 14,691 983 National Acme Co National New 1254 2% 15% 17 2% 60 75 3% 17% 20 8 6 11% Refining "14% 15 4% * 158 200 22 140 1,021 8 Sale Sale 13 *15% 43% 75 Sale 58 "25% 14% 9 14 100 12% 30 22 12% 8% 13% 10 5 34 25 4% 10% 4% 29 Sale 13% 4% Sale * * Jan. 14 13 Jan. 11 19 116 63 Mar. 15% Mar. 28 Alar. 8 Mar. 14 26% Alar. 14 31% Mar. 20 Feb. 7 k 60 2 27 v 3% 13% 3% 3% 4% 1% 9 118% Jan. 70 Jan. 59% Alar. 28 15% Jan. 12 2% Feb. 15 26% Mar. 14 31% Alar. 20 16 Jan. 14 7 2% Feb. 15 26% Mar. 14 _ 14 £ 100 Jan. 20 31% Mar. 20 34 Feb. 27 Jan. 10 20 Jan. 10 42% Jan. 11 42% Jan. 11 32 Jan. 19 37 Mar. 16 Jan. 26 15 Jan. Jan. 45 Sale 37 Mar. 16 38 Alar. 15 38 101% Mar. 27 34% Mar. 31 100 14 16% 38 ..... Mar. 101% Mar. 4% Jan. Sale 38 17% 13% 3% Sale 41 17% Mar. 13% Alar. 3% Alar. 13% 4 11% Alar. Alar. 16 Mar. Alar. Alar. Alar. 11 Mar. 22% 14% 3% 11% Mar. 36 33 2 8 1 6 24 Alar. 15 Jan. Jan. 40% Jan. 19 10 101% Alar. 27 4% Feb. 9 41 26 Feb. 11 15 Alar. 16 22% Mar. 7 14 7 2 14% Jan. 4% Jan. 15% Jan. 27 13% Feb. 24 3% Jan. 30 Jan. 7 5 14% Jan. 23 14% Jan. 23 Feb. 12 Jan. 11 30 36 15 2% Feb. 11 17% Mar. 13 2% Jan. 13 Feb. 21 60 3% Mar. 3% Mar. 21 22% Alar. 16 2% 75 5 Sale 58* 2% 2% 75 60 3% 60 5 22 23 19 Mar. 3% Alar. 21 4% Sale 16 3% 1% 1 4 Sale 4% 3% 5 2 14% 12% 13% 69 60 70 3% Mar. 31 36 Mar. 31 4% Alar. 9 45 Mar. 10 '"!% Sale 2% Alar. 14 30% Mar. 31 30% Alar. 31 Mar. 30 23% Alar. 13 Sale 20 20 18 Sale 8 Mar. 14 Mar. 23 Alar. 17 Mar. 18 Sale 66 Mar. 33 35 35 20% 3% 13% 4% 2% 4% 8% 14% 11% 34% 11 Sale 81* 9% it* 2?* 3% i 2% 1% 11% 5% 8 88 Alar. 30 Mar. 1 35 Alar. Mar. Mar. Mar. Mar. Mar. 11 1 18 27 30 3% 13% 4% 3 % 8 Mar. 14 Mar. 28 66 51 Jan. 15% Alar. 5% Jan. 5% Feb. 48 Feb. 75 Jan. „ 2% Alar. 14 % Feb. 7 30%. Mar 31 26 Jan. £12% 8% 14% 11% 35 6 23 Jan. 20 Jan. 23 Mar. 17 Jan. Jan. 17 17 8 Alar. 25 3 8$ Mar. 30 35 Feb. 34 Jan. Jan. 1 3% Mar. 10% Feb. 4 Jan. 2% 4% 6 Mar. 22 21 11 Jan.< £ 65 Feb. 3% Alar. 21 24% Alar. 16 9% Jan. 18 Feb. 50 £21 Mar. £ Jan. 6% Jan. Mar. 9 Mar. 1 Mar. 18 Mar. 7 5 23 13% Jan. 4 11% Alar. 17 30 Alar. 30 iP 70 Jan. 20 Mar. 25 2 Mar. 10 11 30 Alar. 1 Mar. 8 Mar. 17 Mar. 11 21% 14 '35% 4 17 23 % Feb. 18 Jan. £12% Jan. 13% 11% 30% 6% 13% Alar. 31 Alar. 31 1% Jan. % % 18 4 1% Mar. Feb. 10 Alar. 9 Mar. 7 Jan. 4 36 9 7 74 30% 27% Sale Sale 36 15% Alar. Jan. 9% 49% 15% 4% 3% t 49% Alar. 49% Alar. 15% Mar. 58 74 5 20 65 10 8 15% Sale 2 12 Alar. 29 116% Mar. 28 Mar. Mar. 4 10% Alar. 17 10 31 35 525 1 Mar. 28 11 20 31 Alar. 18 67 * 205 15 17% Alar. 13 2% Alar. 8 S~ale Richman Bros Weinberger Drug W R I Corp pref 4 Alar 15% Alar. 2% Alar. 50 * * 5 411 20 34 31% Corp Patterson-Sargent Reliance Elec & Eng com 95 1 61 Alar.30 113%J an. Jan. 13 23% Jan. Alar.31 22% Jna. 113 Mar. 17 Sale Packer com 8 Mar. 30 2 13 17 23% 12% Sale 15 12% Sale 6% Sale Warren Ref & Chem Alar. 2% Jan. 38 13% 7% 13% 10% 34% 24C 13 1 15" 24 40 2% Jan. 56% Feb. Alar. 29 15 * Vlchek Tool 20 42 34 * 440 10% Alar. 2 17 * common 1% % 2 2 3 Feb. 19% Mar. 11% Mar. Mar. 38 9 Feb. Feb. 20 40 39 101% 3% 31 Jan. £ 8 23 % J an. 34% Sale Otis Steel Co 245 3% 38% 26% Nineteen Hundred Corp A Ohio Brass B * Seiberling Rubber Co com * Seiberling Rubber pref * Stouffer Corp— Class A $2.25 cum pref 208 * 1,382 Thompson Products Inc com.* 905 Troxel Mfg 1 5C Union Metals Mfg Co.. * 918 U pson-W alton 1 2,936 Van Dorn Iron Wks Co com..* No par value. 60 22 "5% 1% Sale 1 % 29% 4,818 365 2% 4 _* 100 National Tile Nestle LeMur "A" 34% 12% / 18 5 * common $b prior preferred Preferred \l* 58 1 25 com 2,014 1,812 * 3% 31 376 50 — 14 19 * - ~w 20% Sale * — 3% 37 15 111 - "5% 33 Miller Wholesale Drug 455 «. 4% 35 * Monarch Machine Tool Co & 40 15% * * 70 26% 40 8% Feb. 13% Jan. 10 24 40 Medusa Portland Cement 439 25% 24 12% it* 70 34% 38 * 225 19 102 McKay Machine. McKee (Arthur G) B 30 823 375 2 116% 116 60 59% 19 15% 5% 26% 19% 5% 25% 66 "35% Leland Electric 252 M 20 95 * * Sessions 2 57% 14% £ 2 195 50 Cooperage Hanna (M A) $5 pref.. 75 433 5% 100 Preferred Greif Bros Mar. 115 34% 18% 503 75 Sale 19 39 21 258 22 70 IS* 100 * 100 113 116 25% Goodyear Tire & Rub com Great Lakes Towing Mar. 20 * Mar. 15% 26 16 61 56% Mar. 113 60 23 "75"" 9% Alar. 28 7% Feb. 27 7 112% Jan. 27 6% Mar. 31 t 58% 50 Jan. Alar. 29 10% Mar. 20 3 10 General Tire & Rubber com..5 General Tire preferred Mar. 24 19% Mar. 22 10% Mar. 9% 8 42 10 13 Sale 2 3 6% Alar. 31 46 9% 19 13 3 100 Mar. 15 11% * 120 7 10% Fostoria Pressed Steel 3,401 Sale Sale Sale * 5 6% Mar. 31 15% 6% Jan. 8 3 Alar. 17 10 , Alar. 13 7% Mar. 8 13 17 9 Mar. 17 8 Sale 11% 14 12 Faultless Rubber Co com 1,289 9 Mar. 13 6% Mar. 31 20 15 Sale Sale 175 1,948 Highest Sale Prices 114% 113 19 186 20 Sale Lowest Sale Prices 115 _1 63 3 Highest Sale Prices 9 9 Sale 8 41 43 50 Sale "15"" 14 7% 21 208 11 8 100 1,743 1 Lowest Ask 7 Bookbinding Dow Chemical 5% pref. Elec Controller & Mfg 843 SINCE JAN. Sale Prices Mar. 31 9 it* * 100 * 1 Ask Bid 10 6 100 Clark Controller new 44 Mar. 1939 Par ares 862 52 RANGE IN MARCH Price Jan. 3 Since Alar. Mar. 1% Feb. 'lfA Jan. Alar. 8 £27% Feb. 24 4% Jan. 3 13% Alar, l 4% Jan. lo 4% Jan. 5 5% Feb. 25 £ 1% Jan. 9 £14 Jan. 67 Jan. £ Odd lots. \ 17 y J,n the earlier the country, part of this publication complete records of the dealings for the latest month and for the calendar year date, to are on the leading stock exchanges of furnished. In this department of General Quotations we combine in only those dealt in on the exchanges, but also leading unlisted and inactive securities. comprehensive whole, securities of all classes and descriptions, one index to the different classes of securities quoted: Federal Land Bank Bonds ... 83 91 .... Foreign Government Bonds.............. 92 Joint Stock Land Bank Securities Mining Stocks 109 Municipal Bonds—Domestic Canadian 81 Industrial Stocks .................... 84 .............. .... 99 Public ........ Real Estate Trust and Land Stocks....... 84 —.. 93 Textile Stocks........................... 84 73 Title Guarantee and Safe Deposit ............. 78 United States Government Securities..... 91 67 United States Territorial Bonds.......... 91 .........—..... Utility Stocks Railroad Bonds......................... Quotations for all securities are as near as possible for the 71 ................HO Real Estate Bonds... —...— Public Utility Bonds Insurance Stocks Railroad Stocks........ 84 91 —....—....... Industrial Bonds........................ Investing Companies Securities.......... 72 Pago Page Page Exchange Seats......................... not The following is an Stocks. 84 closing day of the month preceding the date of issue. The letter "f" prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued Interest therefore the purchaser does not have to provide for it separately in making payment. forms part of the price, and In the case of income bonds and bonds in default, the price is always ••flat," and no designating mark is employed to indicate the fact. Quotations for equipment bonds are based on average maturities. Quotations for guaranteed stocks are "and dividend" that is the accrued dividend must be paid in addition to the price. It should be borne in mind In the use of these tables that the quotations cases the for many inactive and unlisted securities are merely nominal, but in all figures are obtained from sources which are considered reliable. The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬ dated, "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional. I* The black-faced type in the letters showing the interest period indicates the month when the bonds mature. NOTICE—All bond prices are "and interest" except where marked bid Bonds RAILROAD BONDS Aberdeen AAsbeboro 1st 5s'40J&J Adirondack 1st 4 349 1942 gu MAS Akron A Barb Belt g 4s 1942. JAD Akron Canton A Youngstown— Gen A ref 6s 1945 series A.AAO Gen A ref 534s 1945 ser B.AAO Alabama Great Southern— 1st cons g 5s 1943 ser A... J AD 1st cons 4e 1943 ser B JAD Alabama Tennessee A Northern— Prior lien 6s 1948 JAJ Gen income 6s Oct 1948—JAJ Alabama A Vicksburg Ry—„ 1st M g 5s 1974 s rieb A—MAN Albany A Susq 334s g 1946..AAO Alleghany Corp— Coll tr conv 5s 1944...—FAA Coll A conv 5s 1949.....-JAD Coll A conv 5s 1950——AAO 5sutamped 1950.. AAO Allegheny Valgen 4s 1942--MAS Allegheny A Western— 1st mtge guar 4s 1998—.AAO American Refrig Transit— Equip 5 34s series E 1939--MAN Ask 25 32 68 73 99 Adjustment 4s July 1 1995 Nov Stamped ——MAN Conv g 4s of '09 due 1955. JAD Conv g 48 *05 due 1955—JAD Conv g 4s of *10 due 1960. JAD Conv deb 434« 1948 JAD Trans S L 1st g 4s 1953—JA Cal-Ariz lstAref434s'62 opMAS Rocky Mt Div 4s 1965— AJ Athens Term Ry 1st g 5s *37—JAJ Atl A Birm. See Seab'd Air Line Atlanta A Charlotte Air Line— 1st M 4H" 1944 ser A JAJ lot M 5s 1944 ser B— JAJ Atlanta Knoxville A Northern— 1st mtge gold 5s 1946 JAD 1st cons 4s Mar 1 2002—.MAS 3334 3534 3534 106 634 134 8 75 75 81 76 81 6834 72 50 9Q~~ 31 10 5% 107 4654 5954 2.50 1.50% 3.00% 4.00 40 41 9754 97 10834 90 96 10854 9654 93 55 5634 5634 58 44" 46 43 45 2034 89 95 Ref A gen 5s series A 1995. JAD « Certificates of deposit — 1934 1934 Ref A gen 6s ser O 20 H 20 2534 Ref A gen 5s ser D 2000—MAS Certificates of deposit 19 20" 1996--MAS 20 2534 1734 1134 1134 22 1995—JAD Ref A gen 5s ser F Certificates of deposit Convertible 434s, I960-—FAA Certificates of deposit P L EAWVa Sys ref 4s'41 MAN Certificates of deposit 92 74 80 8554 9834 n» Lou A Nashv 4s Oct 1 '52-MAN 41 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North— Con 1st A coll tr 5s g '34—AAO Certificates of deposit. Cambria A Clearfield— 1st 5s g 1941 JAJ Gen M g 4s 1955— FAA 4.50 4.50 10334 8634 9034 99 Washburn Ext 1st 5s *39—FAA 99 35 Bay City A Battle Crk 3s '89 JAD Bedford Beit 1st 5s 1938.. JAJ 8634 100 6734 75 64 2~00 1.50% 2.00 2.40 1.50% 2.00% Equip tr 234s 1940-1947—MAS Big Sandy Ry 1st g 4s 1944.. JAD Birmingham Southern— Equip trust 334s Dec. 11939-46 Boston A Maine RR— 1st mtge 5s ser AO 1967.—MAS 85 1st mtge 5s ser II1955— MAN 1st mtge 4 34s ser JJ1961—AAO 5s series AA 1944 ...AAO 5s series DD 1945 ...JAD 5s series FF 1947 ..—JAJ 9434 5s series R 1940-—...—.MAN 5s series T 1941 —.MAS 40 9734 4234 2754 34 55 58 101 103 5s 5s 5s 5s / This price includes accrued interest. series series series series U 1941 MAN V 1942... MAS W 1942—.—....AAO Z 1943.. ....MAN 4734 1.50% 2.50% k Last sale. n Nominal. _ 77 87 66 7834 .. Canadian Nor deb 634s '46—JAJ Canadian N W434s Oct 22 1943 Canadian Pacific— Cons deben 4s perpetual..JAJ 55 20-yr coll tr 434s 1946 MAS 33 34 Coll tr 5s 1954 JAD S f 434s Dec 15 1944—-JAD 15 Coll tr 4>4s 1960 —JAJ 34 3434 Conv coll tr 6s 1942 W* 36 W* 38 36 38 38 38 38 38 36 30 28 60 7 5 35 gj 105 Cambria A Indiana RR— 55 36 36 36 32 55 11534 114% 11534 11734 15 36 35 434s guar 1957 JAJ 434s guar 1951 —MAS 434s guar 1956 FAA 434s guar 1955 JAD 16 40-yr 5s guar 1970 FAA 5s guar July 1 1969 JAJ 5s guar Oct 1 1969 A AO 5s guar 1954 FAA 16-year guar 3s 1950 JAD 13-year guar 3s 1950 JAD Guaranteed 3s 1944——MAN 7-year guar 2s 1943 FAA 4-year guar 2s 1942 JAJ 17-year guar 3s 1953—...FAA Eq tr 434s 1939-1942 (gu) MAN Eq tr 434s 1939-45 (ann).JAD Equipment trus 15s 96 §tH 3334 3234 9634 9434 107 77 68 Canada Atl Ry 1st 4s 1955.-JAJ Canada South 5s 1962 ser A.AAO Canadian National Rys— 101" 8234 434s Impt 1978... FAA 1st mtge 434s ser A 1943—AAO 334s Jan 1 1951 -JAJ Ref 334s 1952 gu N Y O—AAO 94 83 101 76 74 85 92 10034 103 Boston A Albany 5s Oct '63—JAJ 5s June 1942 .....JAD 87" 2.00% 100 Birm Term 1st g 4s 1957 gu.MAS Bluff Point Land A Imp 1st 4s '40 BoonvlUe St L A Sou 5s '51.FAA 12 4 86 2.60 90 3.25 8 8% 9934 48 *2.10 7P 4.00% 4.00% 4.00% Equip trust 2 34s 1939-47.-AAO 44 AAO 4.75 4.75 4.75 91 10434 9034 10034 Belvidere Del cons 334s 1943. JAJ Bessemer A Lake Erie— 6s ext to Jan 15 1947.. JAJ Boston Term Co 334s 1947—FAA 40 10034 11134 Bost A Prov deb 5a July 11938 Boston Rev Beach A Lynn— 1st m 434s Juy 15 1947—JAJ15 Certificates of depositBuff A Susquehanna RR Corp— St Johns Riv Ext gu 5s '39.FA A Van Bur Ext 5s g Jan '43.AAO 103 JAD AAO 5s 1939-44 MAN Boston ANY Air Line— 1st mtge gu g 4s 1955— -FAA 53 48 Cons refund g 4s 1951 JAJ 4s stamped 1951.. Piscat Div g 5s Jan 1943.-AAO Equipment trusts— 334s 1939-44 434s 1939-43 5234 4134 3.75% 3.75% 3.75% 100 98 23 JAJ 5034 4.50 Beech Crk Ext 91 -JAJ 40 4534 Belt RR A Stk Yds (Indplis)lst ref gold 4s 1939 MAN Belt Ry of Chatt 1st 5s '45—JAJ 35 30 26 35 ....FAA Mtge 434s 1944 Mtge 4s 1942 Mtge 3s 1950 51 Eq tr 434s ser D 1939-41—JAJ Eq tr 434s ser E1939-42--AAO Eq tr 434s ser F 1939-44. -MAN Bangor A Aroostook— 1st M 6s g Jan 1 1943 JAJ 3J4» 1951 Ask 4s1950 .JAJ Buffalo Creek 1st 5s 1941——JAJ 1st ref 5s 1961 JAJ Buffalo Rochester A Pittsburgh— Con g 434s 1957 MAN 1134 1134 Tol Cinn Div ref 4s A *59- JAJ 10334 9534 19 S'west Div 1st mtge 5s '50_ JAJ Certificates of deposit 10254 11134 11034 102 deposit 5734 Battle Or A Sturgis gu 3s '89-JAD 97 71 b Basis. 80 1st mtge g 4s, July 1948-.AAO 1st mtge g 5s, July 1948—AAO Certificates of deposit Certificates of deposit 80 101 .... gtd g 58 1941 Certificates of 105% Atlantic City 1st 4s 1951—JAJ 1st 5s ext May 11954..—MAN Atlantic Coast Line RR— 1st cons 4s July 1 1952 MAS Conv deb 4s 1939 op '16..MAN Gen nnifser A 434s 1964 JAD Equipment trust 434s Eq 4K* 1940-41 E (yr) FAA Eq tr 2 He 1939-52 AAO Atlantic Coast Line (Conn)— Irred ctfB oUndebt 5s.....JAD Atlantic Coast Line of S O— Gen 1st g 4s July 1948 JAJ Atl A Danville 1st 4s 1948— -JAJ 2d g 4s 1948 JAJ Atlantic A Yadkin gu 4s *40.AAO Aug Term 1st gu g 6s 1947—AAO 67 75 108 Atlanta Terminal 6s 1939—FAA 10-yr coll tr 5s May 1 '45.MAN JAJ Augusta Union Sta 4s 1953—JAJ 1st mtge Bid Bonds Boston A Maine RR (Cont)— 5-year sec notes 434s 1939.FAA 33 34 _ Atchison Topeka A Santa Fe— Gen mtge gold 4s 1995—.AAO Ask Baltimore A Ohio— . 1st M 5s 1964 MAS Aroostook Nor 5s g 1947..—AAO Bid Bonds Austin A Northwestern— v Equip 58 ser F, G A H, *41-'45 Ann Arbor 1st g -is 1995 Q-J Ark A Mem Ry Bridge A Term— "f" and income and defaulted bonds. MAS 95 116 115 118$ 119 115% 11834 11834 100 99 10334 10434 100 101 101 9934 i65~" 2.50 2.50 2.00% 2.50 12234 7734 9834 2.00% 2.00% 122 h 7834 98 7A 95 9634 92 88 93 103 104 91 15-yr conv coll tr 4s 1949—JAJ Conv coll tr 334s 1951—.FAA r 88 Conv coll trust 3s 1945 AAO 8734 95 Coll trust 234s 1941 AAO 113 Eq tr 5s 1944 —JAJ 2.45 Eq tr 434s 1939-1945s-a_—JAD b Caro Cent 1st g gu 4s 1949.-JAJ f 37 Caro Clinch A Ohio 6s '52. JAD 15 104% Carthage A Adirondack— 1st mtge guar g4s 1981 JAD 9034 & 89 8834 96 113% 2.00% 4334 107 5534 68 BONDS RAILROAD NOTICE-—Ail bond prices are "and interest" except whera 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 Oatawissa RR g 4s 1948 A&O Central Arkansas & Eastern—* 1st 6s 1940 -J&J/ Cent Branch "Union Pacific-— 17 1st 4s 1948 J&D / Central of Georgia— 1st M g 5s Nov 1 1945——F&A Gons gold 6s 1945—-—--MAN Ref &gen 5%s 1959 ser B.A&O Ref & gen 5s 1959 ser C—A&O 12% 18% 16 SIX 3% Mid Ga & Atl 1st 5s 9% 4 28 X (yr)—FAA 4.50 1st ref 4s g guar 71X 1949——FAA 11954—A&O I960----FAA 19 17% 3.75% 72% Isx 54M 48 55 54 60 90 95 2.75% 99% 104 /0 notes, 1946 101 102 % 102 % —-JAJ 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 Chester! & Lancaster 5s '55.F&A / Chicago & Alton RR— • Refunding g 3s 1949——A&O / Chicago Burlington & Quincy— Gen M 4s 1958 ———M&S 1st & ref 4%s ser B 1977—F&A 1st & ref g 5s 1971 ser A—F&A Paint Creek Br 4s 2.00 2.00 2.30 1.25 ■ 106 X 106% 109 108 103% Cinn New Orl & Tex Pacific Ry— > A&O Eq trust 2%s 1939-52 M&N lstM3%sserD 1971 1st mtge 3%s ser E 1969--F&A Clearfield & Mahoning— 1st gtd 5s 1943 J&J Cleveland Akron & Columbus-r1st cons guar g 4s 1940—F&A Clev Cine Chic & St Louis— 1.75% *109*ii 108% 105% Cincinnati Union Term Co— 1st mtge g 5s series O '57.M&N 2.40 95 105% 101 102% & 2.10 15% Chicago & Eastern Illinois— 1st consol 6s gold 1934—A&O / Chicago & Erie 5s 1st g '82—M&N 96% 1.50% „ 86% 1959-M&S/ 18 % Equip tr 4%s "A" 1945—A&O & 5.00 Chicago & Illinois Midland By 1st mtge s t 4%s ser A '56 M&S 101 Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J 70 Chicago Indianap & Louisville— Ref M g 6s 1947 series A—J&J / 10% Ref M g 5s 1947 series B—J&J / 9 Ref M g 4s 1947 series O—J&J/ 7% 1st & gen 5s 1966 series A-M&N/ 3% 1st & gen 6s May '66 ser B-J&J / 4 Chic Great West 1st 4s Monon Coal— Non-cum inc 5s 1955(w-«) — / 12 Chic Indianapolis & St LouisShort Line 1st 4s 1953 A&O 73 Chic June RR 1st 4s 1945-— M&S 102 Chic June Ry & Un Stk "ids— Coll tr ref 5s 1940 A&O 103% Coll trust ref 4s 1940 A&O 103 Chicago Lake Shore & Eastern— 1st M 4%s 1969 opt 1919-J&D 111% Cblc Memp & Gulf os 1940--J&J 44 Chic Milw & Gary 1st 5s '48-A&O / 5% 101 18% 4.00% 101% 14% 13 13 4 5% 15 103% 103% 104 6% Chic Milw St Paul & Pac RR— 50-yr 5s 1975 series A—-F&A / Oonv adj 5s Jan 2000 A&O f Chicago Milwaukee & St Paul— Gen g 4s A May 11989 J&J / Gen g 3%s B May 1 1989.J&J Gen 4%s May '89 series O.J&J / Gen 4%s May '89 ser E J&J / Gen M 4%s May '89 Ser F-J&J f Equip trust 3%s 1939-53A&O b Eq 4%s '39-*43 E & F <yr).J&J b Eq 4%s '39-*41 G & H «yr) J&J b Eq tr 5s *39-*40 ser B iyr)-F&A b Chicago & North Western— Gen M 3%sg 1987 M&N/ Gen M gold 4s 1987 M&N / Stmpd non-pay Fed lnc tax-- / Gen M5s '87 stpd inc tax.M&N / GenM4%s*87 stpd lnc taxM&N / GenM4 %s'87 stpd inctax M&N / 15-year 6%s Mar 1936—M&S/ 1st & ref 5s May 2037 J&D f 1st & ref 4%s May 2037—J&D / 1st & ref 4%s May 2037 O J&D / Gonvg4%s 1949 ser A. M&N / Eq 4%s *39-'42(yr)ser A-M&N 6 Chic R I & Pac Ry— General gold 4s 1988 J&J / Certificates of deposit / Ref g 4a 1934 opt to 1911—A&O / Certificates of deposit / Sec4%s 1952ser A —M&S/ Sec 4% ser A certif of dep. -— / 30-yr conv 4%s I960--—M&N / Trustee ctfs 3 %s 1947—----Chicago St Louis & N O— Cong 5s June 15'51— J&D 15 Con g 3 %s June 15'51-J&D 15 Mem Div 1st 4s 1951 J&D b Basis. 8 2% 8% 2% 90 69 71 Genesee River 6a 1957 Ga & Ala 5s Oct 1945 77 55% M&N 8pr & Col Div 4s 1st g '40-M&S 64% 99% 59 - J&J B 4%s gen gtd 1942..A&O B 3%s gen gtd 1942—A&O O 3%s gen gtd 1948—M&N D 3%s gen gtd 1950—F&A 69 99% 93% 106% 106% 103% 105% 104% 85" 41 42 88% 81% 89% 76 75% 42 43% 103 1948— A&O Column & Toledo 4s 1955——F&A Concord & Olaremont 5s '44.J&J Connecticut & Passumpsic Rivers 1st gold 4s 1943 A&O Conn River gold 4s 1943 M&S Connecting Ry iPhila)— 1st M gu 4s Mar 15 '51-M&S 15 M&S 115 40 89 94 9% 9% 9% 9% J&J A&O 102 93 Equip trust 4s Apr 1 1939-'49— b 96 61 Delaware & Hudson— 1st & ref gold 4s 1943 M&N Delaware Lackawanna & Western 63% 4.00 Gen income 5s Aug *55 F&A Assented subject to plan 93 3.25% Ref &impt5s 1978 ser B—A&O Eqtr 4%s 1939-'42 (yr)—M&N Equipment trust 5s Equipment trust 5%s ... Denver & Rio Grande— 1st con g 4s 1936 4 4% 3% 6% 4 4.75 4.75 4.75 ...J&J J&J 1st con g 4%s 1936 Denver & Salt Lake Ry— Inc mtge 6s Jan 1 1960-An 1st 4s 1950 Dea Moines & Fort Dodge— 4 69% 62% 89% 63% 93 100 94% 97% 96 98 101 109% 90 111 91 4.00 3.00% 70 104 opt *41-J&J 105 94 J&J 95% J&J Express— EqSsJ'ne 15 1939 «yr) J&D Eq tr 4%s 1939-1940.-J&D 90 12% Apr 66 68 J&J 95 3% 23% 40 4% 1964 —J&J Dext & Piscataquis 4 %s Duluth Missabe & Iron '49—J&J Range— 1st mortgage 3 %s 1962 A&O 94 60 105% Duluth South Shore & Atlantic— 1st gold 5s 1937. J&J / li** Dutchess Co RR 4%s 1940 J&D / 80 East Penn 1st 4s 1958 M&S 103 East Tenn & Western N C— 1st extended 5s 1965 —M&N 75 East Tenn Va & Georgia— Consol 1st g 5s 1956 M&N Eastern Ry of Minnesota— Nor Div 1st g 4s 1948 A&O Edmonton Dunvegan & British Columbia Ry 4%s 1944—A&O Elgin Jol & East 5s 1941— M&N 2:66% 90 105% 17% 70 2.15 1.25 1.50 1.75 !§* 114 1.50% 0.75% 1.00% 1.00% 1.00% 88 85" 80 103 —— 60 55 -7% 45 J&J 7% 47 1st ref & term g 5s Feb '52-J&J 8 79 76% 1st 5%s 1950 ser B— A&O 1st 5s 1950 series C ...A&O Gulf & Ship Island RR— 5 70 Quito 1st 5s '32 J&J2 / Gulf Mobile & Northern— 76% 90 k 91 Mar. 21 Stmpd (July 1 1933 cpn on). Gulf Terminal of Mobile— 65 1st mtge g 48 1957 gu 68 J&J H & Ha rtford Harl R & Portch—See N Y N Harris Ports Mt Joy & Lane RR 109 Ext 4s 1943...... J&J 51 53 Hoboken Ferry 5s 1946 M&N ... Holiaaysburg Bedford & Cumb 1st M g 4s 1951 guar——J&J Holyoke& West 4%s 1951—A&O Housatonic con 5s 1937 M&N Hudson & Manhattan— 1st gold 5s 1957 opt..—.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 120 121 1.25 0.75% 95 15 30 34 46 49 13 48 13% X Illinois Central— 1st gold 4s 1951-........J&J 1st gold 3%s 1951 ... J&J 92 1st extended g 3%s 1951—A&O 1st g 3s sterling 1951 M&S Coll trust gold 4s 1952..-A&O 91 85% 85% 75 53" 55% 54% Ref g 4s 1955 opt 1918—M&N Pur liens 1st g 3%s 1952—J&J 101% 107% 102% 107% k Last sale, n Nominal. 53 Collateral trust 4s 1953 105% §1 / This price includes accrued interest, 88 1.50 / Debenture ctfs B Feb——— / 54" Hocking Valley Ry— 1st cons gold 4%s 1999—J&J 35 Eqtr 5s 1939 (yr) — J&J 101% 96% b Green Bay & Western— Debenture ctfs A Feb Guantanamo & Western— 1st M 68 1958 series A 85% 81 b Greenbrier Cheat & Elk— 1st 5s 1944 J&J W Va Midland Ext 5s '54.J&J Greenbr Ry 1st g gu 4s '40-M&N 11 104% 94% 98% 7% Guayaquil & 4.00% 4.00% 4.00% 10% 9% i8* 3% Cent ral Western Fruit Detroit & Toledo Shore Line— 1st gold guar 4b 1953 J&J 6% 105% 102 an 38 2.50 7 50 105 47 15 1st 5s Mar 1 6 30 30 33% Eq tr 2%s 1939-1947——M&N 14 7 35 3.50% 102% 36 14% 14 47 25 4.50 Imp & equip 5s I960— M&N Danbury & Norw ref 4s 1955. J&J Dayton Union Ry 1st 4s *49-J&J Del & Bound Br 3%s 1955—F&A 14 13 % 103 45 44 25% 4% 100% —A&O M&N 43 4 2 100% 3.75% J&J 1945—J&J 7 %s extended to 1946 J&D 6s extended to 1946-—.—J&D 10 1 at guar 4%s l961 M&N Detroit Toledo & Ironton— 9 7 43 109 Gen 4s 1962 Can Govt gu—J&J Grand Trunk Western— 1st g gu 4s % July 1 1950—J&J 15"" 34% 2nd Mort. gold 4s 1995.—J&D Detroit Term & Tunnel— 8% 8% 1* §* 40 36 5s 1960 J&J Cuba Co extend 3s 1955. J&J Cuban Nor Rys 1st 5%s, '42 J&D Cuba RR 1st g 5s 1952.. J&J 14 15% 7% 7% 7% 4% 4.50 17% 2% A&O Gen M 5%s 1952 serB— Gen M 5s 1973 ser O— Gen 4%s 1976 series D— l3o* 7% — 8* i02% 44% 13 .M&N 2nd ext 6s 1979 M&N Gouvernour & Oswegatchie— 1st 5s 1942 J&D Grand Rapids & Indiana— 1st 4%s 1941 .J&J 1st 3%s 1941— J&J Grand River Valley—See Michig Grand Trunk Pacific— 1st M 3s 1962 J&J 4% 13 35% 39% J&J 4.75% 17 41 Eq tr 4%s 1939 s-a Girard Point Sfge 3%s '40—A&O Goshen & Deckert'n 1st 5%s 1978 Coeur d'Alene& Pend Oreille Ry 5.20 14% 5% 101% J&J Gen 4%s 1977 series E J&J Gen mtge 4s ser G1946....J&J Gen mtge 4s ser H1946—..J&J Gen mtge 3%s ser 11967—J&J Eq tr 2s 1940-1947 M&S 6 Eqtr 4%s 1939 M&S b Eq tr 4%s 1939-1940 Deyr) J&J 5.20 6% 5% 6% 6 3 4s Jan 1 1947Ga Sou & Fla 1st g 5s Deb 58 1952 Great Northern— 1st & ref g 4%s '61 108 '54-J&J Ctfs of dep for gtd 4s 1935-J&J Des Plainea Val 4%s 1947—M&S Det & Mack 1st lien 4a 1995-J&D 29 17% Eq tr 5s Dec 14 1939-'43 «yr)— Grays Pt Term g 5s 1947——J&D 28 4.75% 4.75% 4.75% 29% 29% 25 1% 1% (Mountain and Pralrie)4s 1955 (Lake Superior) 4s 1955 1st 4s Feb 15 *42 Alb gu—M&N 36 73 12 Certificates of deposit.. Georgia Fla & Ala 1st 6a '52.F&A Georgia Midland 1st g 3s '46.A&0 109% 5.20 12% 12% 12 13 % 1st M 6s 1946 series A 112 Ext gold 4s 24% 5.20 1.90% 95 70 J&J J&J Ga RR & Bkg ref 6s 1951 8l"~ 7 7% 90 _ 108 64 6% 6% Ga & Ala Term 1st g 5s 1948. J&D Georgia Carolina & Nor— Ext at 6% to July 1 1934 / Georgia & Florida RR— 108% 105 22% 21% 23% 23* 28 44 103% Proof of claim filed.— Amended 1st con 4%s 1982 Denver & Rio Grande Western— 47 3.75I 63 Certificates of deposit.Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D Fort St Un Dep Det 4%s *41-J&J 103% Ref & imp 4 %s ser E 1977-J&J OW&MDiv 1st 4s g '91 J&J Deb 4s 1956 guar 90 10» 38 Gen ref gold 4s 1950 J&J / 1st cons ref 4%s *52 opt..M&N 109 J&D 1st 5s 1951— Consol Rya iN H) deb 4s Deb 4s 1955 Deb 4s 1955 10% 10% Proof of claim filed J&D - 17% 16% 23 1st cons 5s gold 1943 .J&J Florida East Coast 4%s *59-J&D 1st & ref 5s 1974 M&S Certificates of deposit Eq 4%s 1940-'41 H (g-a).M&S Florida Southern gu 4s 1945.J&J Florida West Sh 5s 1934——J&J Fonda Johnstown & Gloversv— Columbus & Hocking Valley— 103 UH ... 75 Colorado & Southern— General mtge 4%s 1980—M&N Col & Pt Deposit 4a 1940-..F&A 92 47 20% 14% 15% Eq 4%s '40-'41 LL (s-a)—M&S 4.50 Eq tr 4%s 1939-'43 (s-a)—M&S 4.50 Erie & Jersey a f 6s 1955 J&J / Erie & Pittsburgh— Gen gu g 3%s ser B 1940—J&J 102 3%s series O 1940—.....J&J 102 105% 55 99 16 99 98% 90 97% 14% Called May I at 105. 98 2.35 Equip tr 2%s ser A '40-'52 M&S b Coal Riv Ry 1st 4s gu 1945-J&D 106% 98 40 _ Olinchfield RR— 100 95% Florida Central & Peninsula— 11% 15% * 4l" 11% Certificates of deposit------ / . 14% 102% — Ser Eq tr 2 %s 1939-47 A&O Chicago & Eastern 111 «;new colGen M 5s May 1951 M&N / . 13 40 M&N Ginn & Muskingum Valley— 1st 4s 1948 F&A Ser 64% 50 1953 A&O Series D 1953 A&O f Ref & imp M 5s 1967—M&N Ref & impt M 5s 1975 A&O 95 Cincinnati Lebanon & Northern Ser 1.50% Ser 1.50% Gen & ref 4%s 1977 ser A.F&A 1.75% Gen & ref 4%s 1981 ser B—J&J 0.75% 109% Cleve Short L 4%s 1961——A&O Cleveland Terminal & Valley— 1st 4s gold guar 1995-.--M&N 117% Cleveland Union Terminals— 1st a f 5%s 1972 series A—A&O 1st M s f 5s 1973 series B—A&O 109% lstaf 4%s 1977 series O—A&O „ '29-J&J J&J 45 60 Cleveland & Pittsburgh— Ser A 4%s gen gtd 1942 102% 106 50 5s stamped 1965-.—.... Series B 94 91% 94% 40 White W V Div 1st 4s '40—J&J 102 Equip tr 2s 1940-1947— -MAS „ Eq tr 2%s 1939^1946 ~'&2 5 Eq tr 3s 1939-1950 A&O & Eq tr 4Kb '39-*40 (yr)---A&0 b Craig Valley 1st 5s g 1940-J&J Illinois Div 3 %s '49 op 4s July 1 1949— Cincinnati Hamilton & Dayton— General 5s gold 1942 J&D Cin Ind & West 1st 5s 1965-M&N St L Div 1st col tr g 4s *90 10l% 102 --J&J —J&J J&J . 104% 105 100 58 Prior lien gold 4s 1996 J&J Gen lien gold 4s, 1996 J&J Oonv gold 4s 1953 ser A—A&O 104% _ 101 , 1944 notes, 1945--. 1952—J&J 1st & ref M 4%s D 1962—M&S Choc & Memph 5s 1949 J&J / Choctaw Oklahoma & Gulf— Consol gold 5s 1952 M&N / General 4s gold 1993 Gen M 5s ser B 1993 &.mpt3%sser E 1996F&A Ref &impt 3%s ser F1963 J&D notes. 1940 J&J notes. 1941---——-J&J notes, 1942 —J&J notes, 3%s 1951 M&S Chicago & Western Indiana— Consol gold guar 4s , 108 107% 103% Cin Northern RR 1st 4s 1951-J&J 3.75 Eq tr 5s Dec 14 1939-'44 • yr)— 94 Char & W Carolina 5s 1946—A&O 32 Chatt Rome & Sou 1st 5s 47 JAJ / 105 Chattanooga Sta 4s 1957 gu_-JAJ Chesapeake & Ohio— General 4%s gold 1992---MAS m* 99 Ref & imtp 3%s D 1996--M&N notes, 1943 109 1st consol gtd 4s 1942 European loan 4s 46-_—W&o Central RR & Banking of Ga—Coll tr 5s ext'd to 1942—-M&N Central RR of South Carolina— 1st ref 6s 1939-1976 Central Vermont Ry— Ref 3l" . 1st g guar 4s Oct Guar g 5s 6 . 106% 109% 106% J&J Guaranteed 1SH Pacific— A&O Guar 4s 1944 1st M 4s series D 1963 9 11 70 Ask Erie— 5.00 7 62 49% Bid Bonds Elmlra & Williams port— 1st 6s 1910 ext at 4% 1950-J&J Income 5s 2862 A&O El Paso & R I 1st gu 5a 1951-J&J El Paso & Southwestern RR— 1st & ref 5s 1965 A&O 4.75% .55% 46% 1st mtge 3 %s ser E 1963—-J&J "4% 1947—J&J 5.50 60 Chicago Union Station— 5.00 Central of New Jersey—Gen M (now 1st) g 5s 1987-JAJ Gen M 4s 1987 ----JAJ Eq tr 4Ms 1939-'41 4% Chic Terre Haute & Southeast— 1st & ref g 5s Dec 1 *60 opt J&D Inc mtge 5s Dec 1 1960 M&S 7X Mobile Div g 5s 1946 J&J Oconee Div 1st 5s 1945----JAB Cent New Eng 1st gu 4sl961 JAJ Central 8% 4% Eq tr 4%s 1939-44 -A&O b Chicago South Sh & So Bend— Sink fund 3s ser B 1963-- -J&J 3% 6.50 6.00 Eqtr4%s 1940ser Piyr)—M&S Eq tr 4%s '39-'40serQiyr)M&N Ohatt Div gold 4s 1951-—J&D Macon & Nor g 6s 1946-—J&J Ask Bid Chic St Paul Minn & Omaha . 8 Bonds Ask 102% M&N 52"' 53% 1955--.-—M&N 40-year 4%s Aug 1 1966-F&A 48% & 49 53 Ref mtge 5s \ NOTICE—All bond prices ere Bid Bonds Ask Illinois Central—(Concluded) Carlo Bridge 4s g 1950--J&D the closing day of the month preceding the date of issue Omaha Div 1st 3s g 64 54 M 3.00 2.50 1.50 1st mtge & coll 2.50 1.50 2.65 1.75% 2.00% 2.00% Conv gen 4 Ms ser A Secured 6s 1959 1st 3.00 3.00 52 53 % 49 M 50 102 J&J J&J 108 12 12M 2M 11 25 11 17 4.00 3.00% M&N 99 101 95 100 4M Midi RR 4% franc bonds (Foreign series) 1960 Midland of N J— J&D / 17M A&O / A&O 10 12M 62 65 / f 38 25 f / 44 M 25 M 56 M 1934 1943 Mil Sparta 104 Mil&State Line 1st 3 Ms 99 X 105 100 M - 84 M «. 28 - 30 28M / / / / - 85 M 31 - 68 M - - - 69 M 66 65 M 2.7o 2.00% 108M 108M 94 M 96 105 72 M 73 92 M 71M 88 X 90 1st mtge 4Mb ungar 1961 Lake Erie & Western RR— 70 95 1st mtge 5s ext at 3 % to '47 J&J 2d 5s 1941 J&J Lake Shore & Mich South— 71X 64 M 74 % ref 3Ms 1997 J&D Leamington & St Clair 4s '45 A&O JLeblgh & Lake Erie 4 Ms '57 .M&S Lehigh & New England— 1st M gold 5s 1945 —.J&J Gen mtge 4s ser A 1965 A&O Lehigh Valley Harbor Term Ry 1st mtge 5s 1954 F&A 88 X 75 89 X 55 63 - 1st 2d 88 93 91 48 50 valley— 1st gold 4s 1948— J&D 67 M Con M 6s ann Irred J&D 76 M 63 J&D gold 4s 2003—M&N 18 14 16 17M M&N 19M 18M 22 M 22 42 57 68" 5s assented 1941 Lehigh & N Y 1st 4s 1946—M&S Lex & East'n lstgu 5s 1965.-A&O Lincoln Park & Charlotte— fis 1939 47 M 60 46 31 ~~ 113 92 120 7M 8 5M 33 3 X 70 IX 55 M N 27 M 20 M 27 X 21 26 X 11 12 % 2.75% 3.75 42 M 24 43 X 1'6 i 16M M&N — " J&J 56 58 M gold 4s, 1938 65 101 106 Little Rock & Hot Spr West Ry— 1st gold 4s 1939 guar J&J 15 17 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 5s 1939 (yr) A&O Equip tr 4 Ms 1941-45 (yr) _F&A Los Ang-Pac Co ref 4s 1950--J&J 61 70 85 91M 85 87 75 88 Monongahela Ry Co— 1st mtge 4s ser A 1960 Monongahela Sou 5s 1955 Louisiana & Ark 5s A 1969 86 X 3.50 85 2.00 3.50 51 J&J Equip trust 3 Ms to 1946.. A&O Louisiana & North West RR— 1st M gold 5s 1935. A&O f Louisville Henderson & St Louis— 21 — 1st mtge gold 5s 1946 J&J 1.00% 2.50% 53 87 H 2.50% 23 — — Vt- 60 104 109 107M 108M J&J 100M 100M 97 M 90 M 85 M 83 H I Unified gold 4s 1940 A&O 1st & ref 5s 2003 ser B |L 1st & ref 4 Ms 2003 1st & ref 4s 1st & ref * ser ser 95 O.-A&O A&O D 2003 < Ms ser E 2003 Called Oct. 1 at 102. . A&'> b Basis, 84 M 76M 23 48 1991 3 Ms 2002 gold 4.50 3.50% 103 X 115 M&N A&O Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S Montauk Ext 1st 5s 1945 J&J 1963 F&A Morris & Essex 3Ms 2000 Constr'n 5s 1955 ser A M&N 1st 5s ser A Eq tr 2Mb 1940-1952—.M&S f Price includes accrued interest, k Last sale, J&J F&A F&A M&N Norfolk & Car Norfolk 106 2nd 5s 1946--J&J Southern— UH 11 X 10M 11 12 20 M 12M 4.25 4.50 4.50 4.75 53 45 6M 3M 85 97 60 35 7M 4 5M 39 11 49 25 74 Norf % 2.25% Nominal. 93 1941.M&N 1st gen g 5s 1954 opt J& J Norfolk Term 1st gu 4s 1961M&N n 12 . 45 M 2.90 12M 5M 1st & ref g 5s '61 opt '15—F&A Certificates of deposit 50 71 65 N Y Westchester & Bos Ry— 1st M g 4Mb 1946 guar—J&J f 3 Nord Ry s f 6 Ms 1950 -A&O *104ui« 53 b 53 100M Y Short 42 M F&A 45 52 M 50 M Ooustr'n 4 Ms 1955 ser B.M&N Nashville Chattanooga & St L— 1st M 4s 1978 J&D A&O 48 J&D 17M 100 1993.AAO Term 1st g 5s 1943 — 30 102 4MR. 1950..M&S / 2d mtge 4 Ms 1937 Gen mtge. 5s g 1940 105 84 Montgomery & Erie 1st 5s 1956— f J&D N Y Susq & Western— 1st refunding 5s 1937 44 40 1955 52 M Line 4s 1957 F&A N Y & Stamford 4s 1958— -M&N 58 42 M&S Prior lien ext N Y & Putnam 1st 4s g 22 120 6s M&S non-conv Stock trust ctfs 4s 1948 N Y Prov & Bos 4s 1942 N M&S 107 New York Phila & Norfolk— 28 3.50M A&O Gen 1947 New York Ontario & Western— Ref 1st g 48 June 1992 M&S 26M 15 M 4.50 20 4.25 106M N Y Pennsylvania & Ohio— 80 Mohawk & Malone— Montour RR Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945--M&S Louisville & Nashville— L Eq tr 4s 1940-1943 M&S b Eq 4Ms 1940-1942 (yr)_.J&J15 b Montgom Div g 5s 1947..F&A f 1st guar g 4s : Har Riv & Pt Ches 4s '54 M&N N V A N J Ferry 5s 1946 .J&J Monon Coal—See Chic Ind & Lou Ref & impt 4Mb 1977 6s 1938-- Secured Oonsol M&N Gen M g 48 1955 red M&S f m&s f M&S f 4" 2 5 Haven & Hartford— A&O ..J&D Equip, trusts 3s 1939-1951 M&S 4Ms9-15-39to 3-15-45M&S 15 4 Ms 1939-1946 J&J 2.00% 2.75% 4M 70 J&J 102 New 15-year secured 6s 1940 1st & ref 4Ms 1967 4 73 Litchf & Madis 1st 5s 1959.M&N Little Miami guar 4s 1962.-M&N - 1973—.M&N Deb 3Ms March 1947 M&S Deb 3 Ms 1954 non-conv..A&O Deb 3 Ms 1956 conv J&J Mobile & Ohio— Gen A 5s J&J 52 70 N Y 18M 3M ...J&J 62"" 75 65 - Birmingham— 1945 ser Deb 4s May 1 1957 — 15 65 86M M&S 17 .. 17 4M 1.25 2.50 Western— Deb 6s Jan 15 '48 conv—J&J15 16 3.00 1.25 2.50 1st & ref 4 Ms 1973 ser B_.M&N New York & Long Branch— Deb 3.75 4s small & 1st & ref 4s 16 2% 3M 95 Lake 15 b 5s small 1945 Gen M g 4s 1945 Lack 68 X 85 f F&A f f Eq tr 4 Ms *39 44 F (yr). .M&N b Mo Pac (old)—Gen 4s 1975 M&S f 1945 Y & Greenwood Y 80 83 X 54 M 75 M&S Guar g 5s 1946 M&N N Y & Har 1st g 3 Ms 2000 .M&N N Y & Hob Fy 5s May 1946-J&D N 65M M&S 1938 4-Ms mtge A&O f M&N J&D Equip trust 5s 19 40(yr) ..-M&S 64 M&N Deb 4s July 1 "55 non-couv J&J Deb 4s 1956 nou-conv M&N Conv g 5Mb 1949 ser A Secured 5 Ms 1939-1956 75 Erie RR— General gold 4s 1941 16M 109 General 1st 5s 1941 M&S NY & NE Bos Ter 4s 1939--A&O 15 15 Prior lien 5s tax-exempt—J&J A&O F&A 3Ms 1998...F&A - 16 1st & ref 5s 1978 ser G...M&N f Certificates of deposit f Mobile & York & 3d 15 Certificates of deposit 1942 1st 4s ext g 1947 2d ext 5s 1939 70 1st & ref 5s 1977 ser F...M&S f Certificates of deposit.. f 3d ext 4s July 1 1938 Lehigh Valley Ry of New York 1st 4Mb gold 1940 J&J 4Ms assented 1940 Lehigh Vali Term 5s 1941.-A&O 1X New J&D 1st & ref 5s 1981 ser I 4s Spuyten Duyvil & Pt Morris 3Ms 1959 —J&D N Y Cent equip trusts— 5s 1939 J&D 4 Ms Sept 15 1939 M&S 4 Ms 1939-1945 M&N 2 Ms Mar 15 1940-1952... N Y Chicago & St Louis— 1st 3 Ms extend 1947 A&O 3-year 6s Oct 1 1938 Ref 5Ms 1974 ser A .A&O Ref 4 Ms 1978 ser O M&S 10-yr 6s coll tr 4s 1946 F&A 3-yr ext'd notes 1941 A&O Equip tr 4Mb l939-'44 <yr)F&A Equip trust 3s July 1 1939-'51 New York Connecting RR— 1st M 4MS 1953 series A F&A 1st guar 5s 1953 series B F&A 70 Mo Pacific RR (new company)— 1st & ref 5s Jan 1965 A F&A f Certificates of deposit f 65 19 X 4Mb assented 2003 con gold 5s 2003 5s assented 2003 Gen 2M 3 102 F&A Eq tr 2 Ms 1940-1952 1st & ref 5s 1980 ser H Certificates of deposit 13M gold 4H« 2003—M&N 7 Mo Kan & Tex (old company)- 78M 15 4s assented 2003 65 40 1978 ser D.J&J Adj M 5s Jan 1967 ser A..A&O 17 H 4.00 54 H 61 M O coll tr g 13M IX 54 30 76 X Deb 73 3 65 Prior lien 4Ms lst gold 4s 1990 104M Con M 4M» ann lrred 60 5M 2M IX I'M 30 J&J J&J B ser D—F&A New York Central & Hud Riv Ref g 3Ms July 1 1997—J&J RR— Prior lien 5s 1962 ser A % Ref & impt 4Mb 2013 A—.A&O Ref & impt 5s 2013 C A&O 27 7M 7 M 4H 1st ref 6s 1946 series A J&J 1st ref 5 Ms .1978 ser B J&J 25-year 5 Ms 1949 M&S Minn Terminal 1st 3 Ms '50--J&J Minn Transfer Ry 3M® 1956.J&O Missouri Illinois Bridge and Belt RR cons 4s 1951 J&J Mo-llliuois RR 1st 5s 1959.-J&J Mo Kans & Okla 5s 1942 M&S Missouri-Kansas-Texas 16 10-year 3Ms sec s f 1946—A&O 3 Ms conv secured 1952 M&N 63 M J&J cons gold 5s 1938 J&J cons 5s 1938 gu int J&J M gold 48 guar 1949—J&J Prior lien 4s 1962 g / f n X 28M «. 100M I Ref & ref 4 Ms ser A 2013 L S coll tr g 3Ms 1998 1st cons gold 4s 1938 1st 99 30 F&A New York Central RR— Cons mtge 4s 1998 ser A—F&A 79 — 3 70M 65 Newport & Cincinnati Bridge— 1st M g 4 Ms 1945 guar I&J Newport & Richfor Is 6s 1941 Minn St P & Sault Ste Marie— 70 1978 / / / Minneapolis Northfield& Southern Ry 1st6s '41..M&S 74 b Minneapolis & St Louis— 1st 7s *27 ext at 6% 1932--J&D 5s ctfs of deposit 1934 M&N 1st refdg gold 4s 1949 M&S Ref & ext 58 Feb *62 ser A.Q-F Certificates of deposit-. -4 93 M 54 A&O 1st 5s 1956 series C 1st M 4Ms 1956 series Equip trust 4Ms 58 (1884) J&D & NW 1st 4s 1947M&S / 1941-J&J f 103 Acer int at exch rate 4.8665— con 5% to 1940 Adj M Apr 1 '53 ser A Sept Adj 5s series 3 1953 Sept Milwaukee & Northern— 1st ext 4 Ms 1939 Con ext 4Ms 1939 Cons 6s 1913 ext at 4M% to 55 80 __ 101 107 1st M 5Ms _ Midland Valley 5s 105 26 15 J&J J&J f Certificates of deposit 1954 series A Certificates of deposit 88 2M Stmpd accr lnt at rate 4.8665— Plain 1961 J&J Gen 71 Michigan Air Line— 1st 4s 1940 J&J Middlesex Val 1st 5s 1942--M&N 104M 20 f Non-cum inc 5s '35 ser A—A&O 1st 5s 1954 series B A&O 2% ext at 24 H 1 Saginaw 1951—M&S 1st 5s 1939 60 18M 6 75 M 63 40 New Orleans Texas & Mexico— M&S 100M J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 4Mb 1961 (sterling).J&J Gen cons 97 68 68 Kansas Oklahoma & Gulf— Lehigh 80 96 X f f f Extended at 5% 1940 M&N Ref & impt 4Ms 52 ser A..J&J New Orl Term 1st 4s 1953..J&J 1st 4s 1957 J&J Kalamazoo & South Haven— 94 M f f Income deb 5s 2032 New Orl & Nor East 6s 1915 83 8 - 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 & NorthamptonRef cons 4s 1956 J&D N J June 1st 4s gu 1986 F&A N J & N Y 1st ext 5s 1950—M&S 50-year 1st 5s 1983 2M 1st g 4s 1959 guar J&D Joliet & Nor Ind See Mich Cent Cong 1st 4s 1959 Jackson Lansing & X Assent cash warrant and scrip Joliet & Northern Indiana— 8* Frank & Clearfield— 5s M M 80 M 1967—J&J Ref & ext 5s series B 1967. -J&J 6« July 1 1967 M 78 72 M 1M IX General 5s Jan 1 1938 f New Lon Nor 1st 4s 1940 J&J New Orleans Great Northern- 110 1914 coupon on 1977— 1914 coupon off 1977 4s Asst(cash warr & coup) .1977 Michigan Central— Ref & impt 4Ms 1979 ser C.J&J 1st gold 3 Ms 1952M&N Grand River Valley— 1st 3 Ms Sept 1 Ref & ext 5s series A 1st 40 79 - Joplin Union Depot Co— 1st g 4Ms 1940 guar opt.M&N 1st 5s June 1 1944 J&D Kal & Sou Haven—See Mich Cent Kalamazoo & White Pigeon RR 1st gold 5« 1940 J&J Kanawha Br & Ter 5s 1948-A&0 Kana & Mich 1st 4s 1990--A&O Kan City Ft Scott & Memphis Ref g 4s 1936 guar A&O Certificates of deposit K C Mem & Bir 4s 1934 M&S Income 5s Mar 1934 Sept 1 Kan City Sou—1st g 3s 1950 A&O Ref & Impt 5s Apr 1 1950-J&J Eq tr 3s F Jan 1 1940 1943... Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J 20 30 M 77 Gulf Ry 1st 5s 1951.... ...A&O / Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— Jamestown Co— 10 36 _ Jacksonville & Gainesville & 1939 3.50% 3.50% 84"" 81 '26 / 4s(Apr 1914 coupon on) / April 1914 coupon off 1951 f con 1951 Western 4s Sept 4s Sept 104M 103 M&N F&A Debenture 4s 1961 J&D Iowa Central 5s ctfs 1938—J&D 1st & ref g 4s 1951 M&S 1st 5s July 1 1st 73 Mexican International— 11 1st M 5s 1972 opt—i 1st 1 & ref 6Ms 1947 . 51 4.25 1 of Mexico— 73 M 4.25 102 - — 1st g gu 5s Nov 1 1959—M&N Meridian Term 4s '55 guar.M&N 74 RR Prior lien 4 Ms assent cash warr't & scrip ret No 4 on 67 '39.M&N M&N 1st 4s extend 1959 X X scrip receipt No 5 on 1977. / National 72 M 46M ser.-J&J Memphis Union Station 55 1st gold 4s 1950 J&J Indianapolis & Louisville— 1st guar 4s 1956 J&J Indianapolis Union— Ref & imp M 3 Ms ser B *88 M&S Internat-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 Eq tr 4Mb 1939-42 (yr) —A&O Internal Rys (Central America)— Purch money 5s 1972 J&J 92 1st gtd 3Ms 1941 -J&J f Maryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963 —,—A&O M'shfield & S'east—See Wis Cent 95 RR Genl mtge 4s 1957 Gen mtge 4 Ms 1957 Indiana Illinois & Iowa— 68 90 1960-J&D Manitowoc Green Bay & M % M M M Assent cash warrant and 66 4s ser A 45 J&D Equipment trust 5s Equipment trust 5Ms % scrip receipt No 4 on 1957. / '14 coup on) / April 1914 coupon off 1977. / Maine Central— Manila RR Sou Lines 4s / / / 1957 Gtd gen s f 4s (Apr 79M 102 M J&J 1965 4Mb— July 1914 coupon on 1957 July 1914 coupon off 1957.. Assent cash warrant and J&J 1947 5s lien Jan 1914 coupon on 98 77 -J&J Macon Terminal 5s Prior 109 M '52 gu J&D Macon Dublin & Savannah—1st 107 85 Ry joint Monon coll gold 4s. 1952 107 100M L & N Term 1st g 4b 2.00 A, 1963—J&D Belt Southern 2.50% 1.00% 1.00% 1.25 4Ms series C, 1963 J&D Indiana Bioondngton & Western— 1st ext 4s 1940 A&O Harbor 75M National Rys of Mexioo— 105 2d Bid Bonds Ask d) mtge 3s 1980 M&S Mob & Mont 4Mb 1945—M&S 70~~ Equipment trusts— 3s ser R, 1939-1952 M&S 4MsserK, 1939 F&A 4Ms ser L, 1939-1940--A&O 4MsserM, 1939-1941._M&N 4Mb ser N, 1939-1941.-A&O 4Ms ser O, 1939-1942...J&J 4Ms ser P, 1939-1944--A&0 4s ser Q, 1939-1944----F&A 111 Cent RR Co & Chic St L & Indiana Louisville & Nashville— (Conclude Atl K & Cin Div 4s 1955--M&N Pad & Mem Div 1st 4s '46.F&A South East & St Louis Div— 85 1951—F&A St Louis Div g 3s 1951 J&J Gold 3 Ms 1951 J&J Sp'field Div ext 3Ms 1951 J&J Western lines g 4s 195l—F&A N O RR jt 5s, 70 59 M 50 Bid Bonds 83 M 90 1951—J&J 1953—J&J 69 interest" except where marked "f" and income and defaulted bonds "and Quotations for all securities are as near as possible for Litch Div 1st g 3s Louisv Div 3 Ms g s. RAILROAD BONDS April, 1939] Norf & South 1st 5s Term & Transp 5s '48F&A 4s '96.A&0 Norrist'n & Maine 1st 4s '52 M&S Norf & W Ry 1st con 10M 102 114 120 X 95 <b- 70 RAILROAD NOTICE—-All bond prices are "and interest" Quotations for all securities are as near Bid Bonds Northern Central— Gen & ref 5s 1974 ser Apr 1 1935 & sub coups 1945— / Oct 1938 and subs coupons / Ctfs of dep stmpd as to sale of April 1933 to Oct 1934.1945 f Stamped as to sale of Apr 1 '33 / to Apr 1 1938 coupons 50 36 50 81% 81 % 48 51 48% 55 % 64 B—J&J 65 57% O—J&J D—-J&J 55 1.50 Eq tr 4%s 1940 (yr)—.M&S15 Eq tr 2%s 1940-1947 M&S 2.50 2.50 J&J Eqtr 2%s 1939-1946 58 1.00% 2.00% 2.00% 8 Nor RR of N J gen 4 Ms 2000.J&J RR— 3 3-10s 1953 J&D 80 83 29% 31M 28 30 84 86 Northwestern Terminal Co— 1st income 5s June 1 1948.F&A Northwestern Terminal RR— / 1st M 5s 1977 An .-Apr / Norwich & Worcester 4 %s '47M&8 Ogdensburg & Lake Ohamplian—1st guar g 4s 1948 J&J 4s stamped 1948 J&J Ohio Connecting 4s 1943—M&S Ohio & Little Kanawha 5s '5CM&S 4% 5% 105% J&D 1st M 4Ms 1950 series C_—J&J Ore RR & Nav cons 4s 1946.J&D Ore Short Line 1st 5s 1946.-J&J 1st cons guar 5s 1946 J&J Oregon-Wash RR & Nav— 1st & ref g gu 4s '61 opt--J&J PacFruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938--F&A 2d ext 5s gold 1938 J&J Cardelet Br 1st 4Mb 1938.A&O St Louis City real est 5s '38 J&J 6% 1st M 5s 1945serie8 B Paducah & 111 1st 4Mb 1955.J&J Paris-Orleans extl 5%s 1968 M&S 6% 109% 116% ~7M 7M 7M 7M 110 117 117 % 106 106% 78 80 68 72"" 65 68 J&D / 1956 100^2 Paterson Extension 5s Paulista Ry 1st 7s I960.J&D"/ *42serAM&S15 / Pennsylvania Company— 28-year secured 4s 1963---F&A Gu tr ctfs g 48 1952 M&N Gu tr ctfs g 3%s 1941 F&A Gu tr ctfs g 3 Ms 1942 J&D Gu tr ctfs g 3Ms 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons mtge 4Ms 1939 Cons mtge 4s 1939 A&O A&O Penn Ohio & Detroit RR— 1st & ref 4Mb 1977 ser A..A&0 1st & ref 4 Ms series B 1981 Pennsylvania RR— Con M 4s gold 1943 M&N Con M 4s gold 1948 M&N Con M 4s gold 1948 sterling stamped dollar M&N Con M 4Mb gold 1960 F&A Gen g 4Mb 1965 J&D Gen g 5s Dec 1 1968 J&D Gen M 4Mb 1981 ser D—A&O Gen M 4 Ms ser E 1984—J&J Deb 4Mb 1970 A&O Gen M 3%sser O 1970 A&O Conv deb 3 Mb 1952 A&O 30-yr secured 4s 1940-1964.J&J Gen equip 5s 1939 (yr)—A&O Eq tr 4Mb 1939 (yr) A&O Eqtr 4s8eries E 1939-1949.J&J Eq tr 2Mb ser H '39-'52_„M&N Peor & East cons 4s 1940--A&O 101% 1st g 5s July 62"" 101% 103 M 103 M&N F&A 3Ms series E 1949 series F 1953 4sserie8 G 1957. 4s 4s series H J&D M&N F&A 1960 4Mb series I 1963 4Mb series J 1964 F&A M&N Gen M 5s 1970 ser A Gen M 5s 1975 ser B J&D A&O Gen M 4Mb 1977 ser C 6% receivers'ctfs 1927 Pgh & Shawmut 5s 1959 98 1st g guar s f 5s 1942 1st M 4^s 1958 ser A 1st M 4 Ms 1959 ser B Called Sept. 1 at 100. 100 105M gen 6Ms 1956—A&O Eq tr 5s 1939 (s-a) M&S Eq tr 4Mb Oct. 1939 (s-a)-A&O g 20 9 10M 5M 5% 6M 5 9% 5% 6M 6 117M 99 105M 94 106M 96 85 85 M 95% 86 M 89 84 M 4.25 1.00 1.00 2.60 2.50 65 59% 86 3.90% 0.75% 0.75% 2.00% 2.00% 55 6M 54 3.00 3.00 80 37 107 X 93 Vs 88 M 109M 102M HIM 107M 105M 9M 8M A—M&S;/ 9% 9% 8M 9 Eq 4Ms 1940-'41 BB (yrLF&A\b Equipment trust 4s 1939-1943 — 6 St Louis Southwestern— L 1st g 4s 1989 M&N;/ 2d g inc 4s Nov 1989 J&J / 1st term & unif 5s 1952 J&J / 4.60 4.60 4.00% 4.00% Texas & New Orl 5s 1943 Texas & Pacific Ry— 1st gold 5s 2000 4.25 87 J&D Mortgage 4s Dec 1 1996--J&D St Paul East Gr Tr 4Mb '47.-J&J / 78 — - 10% 6% 8% Line F&A / 97% 1st 4s £ 1940—J&J 98% Depot— 118 15 104 107% 110 115% 116M 105 107 M 106 97 98 M 5 39 116 116 San Fran Term 1st 4s 1950.-A&O 88 90 M 12 J&D 49 A&O J&D'& 5Basis. 97% 99 1st gold 4s April 1 1950 Tol Term 1st 4Mb '57 gu Tol Walhoudlng Valley & 60 A&O M&N 92% 65% 107 108 Ohio— 104 100% 72 77 35 100 101 Union Pacific— 1st ry & land gr 4s g 1947--J&J 1st & ref 4s June 2008 M&S 113 1st & ref 5s June 2 2008—M&S 111% 97% 113% 108% 108 35-year 3%8 debs 1971--M&N 96 34-year 3 Ms debs 1970—A&O Eq tr 2%s ser E 1939-52.-J&J 2.40 1.00 Eq 4Mb Sept 15 1939--.M&S15 General gold 4s 1944 1st 4s Sept 1 1948 3 112 97% 97% 1.75% 0.50% 109 1st 4Mb Feb 1 1973 Gen 1st g 3Ms 1951 112 98% F&A M&S M&S 117 -—M&S F&A 112 5 5M 3% 6% 5 111% 117 Vandalia RR— 7% 6% 110% Utica Clin & Bing 5s 1939—J&J 8 4s 1955 series A—F&A Series B 1957 M&N Vera Cruz & Pacific RR— 6% 5% 56 M 58 13 16% 2% 3 3M 44 40 70 92 75 80 20 41% 24 42% 45 14 16% 73 1st gtg g 4Mb 1934 J&J July 1914 coupon off J&J 1st guar 4 %s assented— Cash war & scrip ret No. 5 on Vermont Vail 1st 4 Ms 1940—A&O Vicksburg Bridge Co— 1st s f 4-6s 1968 M&S Vicksburg Bridge & Term Co— 1st M s f 6s 1958 M&S Debenture s f 7b 1948 M&S Vicksburg Shreveport & Pacific— Pr lien 6s '15 ext 5% '40--M&N Gen 5s May 1 1941 M&N ref & impt 5s 1973 M&N 77 45 105% 98% M&S 47 99% 105 Cons g Va & Southwest 5s 2003 1st cons g 5s 1958 South Indiana 1st g 4s 1951 /This price includes accrued interest. Div 1st 4s 1951 F&A Consol M 4Mb 1966 ser A. F&A Transylvania RR 1st 5s 1956. J&J Tulsa Un Dep 1st 4Ms 59 J&J Union Depot (Columbus, Ohio) Gen 4%s 1946 J&J 105 f / % I % / 62 / / 64* 69% 71 71 72 21 95 83 78 J&J 72 A&O 58 60 Virginian Ry— 4.25% 4.25% 5.00 Mary^ 1st g gu 4s 1942 ser C M&S Toronto Hamilton & Buffalo— 1st gold 4s June 1 1946—-J&D 49 5.00 101 80 1st. mtge 48 ser B 1967 J&J Toledo St Louis & Western— 18 116 F&A 2.75 100% 72 51% 46M 2.50 2.65 90% 68% 14 16% 2% A&O 5s 1963 2.50 1.00% 1.50% 2.00% 2.00% 2.00% 2.00% 2.25% United N J RR & Canal Co— Southern 111 & Mo Bridge Co— 1st M g 4s 1951 M&N gug 85 2.50 1st mtge3%s 1967 . cons 86% 2.00 1st 4Mb Sept 1 1979 5% secured notes 1931 F&A Receiver ctfs 2-3Ms '45—F&A Ulanta-Birmingham Div— 1st g 4s May 1 1933 M&S / Seab-All Florida Ry— 6s ser A ctfs of d nosit / 6s ser B ctfs of deposit Seaboard & Roanoke 5s 1931.J&J'/ / Seacoast RR prior lien 5s '48. A&O Shamokin Sunbury & Lewisb'g— 2d ext'd 5s 1945 J&J Shrev Bdg & Ter 5s '55 gu—F&A Sioux City & Pac 3 Ms 1936—F&A / Somerset Ry 1st & ref 4s '55—J&J 1st M 4s July 2 1950 J&J South Bound RR 1st 5s 1941 A&O / 85 82 Union RR (Penn) 1st 5s '46-M&S Deb 6s 1946 M&S Union Terminal Co (Dallas)— 70 6s 1945 ser A—-M&S 102 ser 120% 117 Certificates of deposit 118% 84 ser 110 M 109 Scioto Val & N E 1st 4s 1989M&N Gen 108 97 84% Toledo Canada Southern & Det— 1st 4s 1956. .J&J Toledo & Ohio Central Ref & imp M 3%sser A *60 J&D 59 M South & North Alabama— 22 115% J&D A&O Tex Pac-Mo Pac Term RR— 1st M g 5Ms 1964 M&S 106 A&O 82 84% IIH 1939-40—-M&S b JJ 1939-42....A&O b ser A1940-43 F&A b 4s ser B1939-43 M&N b 4 Ms ser O 1939-44 J&D b 2 %s ser D 1939-52 M&N 20" 50 X J&J Certificates of deposit— 106M 90 1,50 4Ms 4Mb 4%s 95 Joaquin Val— 5s Oct 1 1940 A&O cons 106 80 - 117 J&J Stamped A&O Adj mtge 5s Oct 1 1949.—F&A Ref gold 4s 1959 opt A&O 108M 105% 107 M _ 6% 8t Paul Minn & Manitoba— 1st & 107% 104 M&N b St St Paul & Duluth— lst g 58 1942 M&S Schuylkill & Leh 1st 4s '48.M&N 106 107% Toledo Peoria & Western RR— Santa Fe Prescott & Phoenix- 108% B 59 X 13 1st guar g 4s 1943.. 94 M 10 Ann Mar ser 20 1.50% 3.25% 3.25% 1st & re.* 5e 1972 38 Equipment trusts— San Fran & San 108 J&J f 2d 5s Dec 1 2000 Gen & ref 5s 1977 33 2.50 1st guar 4Mb 1941 93 36 J&J 18 4.25 Seaboard Air Line Ry Co— 1st gold 4s 1950 88 113% *53 opt *10-J&J 58 11M 112 M 9% f g 4s 41 101 % Terre Ilaute & Peor 5s 1942.M&S Texarkana & Ft Smith— 29 / 1st g s 6% 38 M&S/ 5s series GG 1939 Eqtr 5Ms 1939 (s-a) M&S b Equipment trust 5s <? Equip tr 4Mb 1939-1945—J&J b Gen & ref 5s ser A 1990-—J&J 110 105M 115% 106M / Salt Lake & Ogden 5s 1934 San Antonio & Aransas Pass— 107 99 Term RR Assn (St Louis)-— 1st gold 4Mb 1939 A&O 1st consol gold 5s 1944—-F&A ~9% Cons in 4Mb 1978ser Certificates of deposit stpd— 13M 16 A&O Tavares & Gulf RR 1st extend 3s 1948 12 '/ B-J&J/ of deposit /. Certificates of deposit Prior lien 5s 1950 series 100% 109M 1989 Tampa & Gulf Coast g 5s'53.A&0 Tampa & Northern RR 5s (stamped 3s) 1936 J&J / Tampa Union Sta 5s 1940.-M&N Tampa Un Term 4-6Ms *53—J&J 9% Salt Lake City Union Depot and RR 1st 5s 1938 M&N 90 12M 75 15% 9X 9 Pacific ext 102% Suffolk & Car con 5s 1952...J&J Sullivan Co RR 6s 1944 A&O . / 101% 14% 15 - 32 J&J 51*1 73 100% 5%8 1950 guar... F&A Texas City Term 6s 1941 J&J '26 12% St Paul Union 72% 40 63 St Paul & Kansas City 8hort 70% 64% 63% 2.50% 2.50% 791 71% 1st M 40 1st consol g 4s 1968 109 75 J&D 61X Certificates J&J 5s 1996 fst St Louis Div 72 1.00% 1.00% 1.50 48 g 4s 1951-J&J Spartanburg Union & Columbia— 1st 4s 1995 J&J Spokane Falls & Nor 6s 1939.J&J Spok Internat 1st g 5s 1955. J&J o Gen ref 58 St Louis-San Francisco Ry— Prior lien 4s 1950 series A. J&J 111 % 1.50 87 53% 70 J&J Aiken Branch 4s 1998 1st Mem Div Berwick RR 5s 1952 2% 2X 37 M 70 1933-M&N Certificates of deposit 111M 117M 85% 52% 68% 70% J&J M g 4s '56.A&0 6s 1956 A&O & ref 5s 1979 ser C.-A&O Gen & ref 5s 1980 ser D J&E St L Peo & N W 5s 1948 65% / Gen 109 56 64% Susquehanna Bloomsburg & 17 X Riv & Gulf Divs 4s L00% 1.50% 53 Stephenville Nor & Sou Texas— 1st M guar g 5s 1940 J&J / Sturgis Goshen & St Louis Ry— 34 % J&J 1st gold 4s 1947 gen gen 1st 3s Dec 1 M IX IX J&J J&J 2.25 Stark Elec RR 1st 7s 1952—J&D Staten Isld Ry 4Mb 1943 J&D 44 4Mb 1941 J& 4Mb stamped 1941 J&J St Clair Mad & St.Louls Belt— Alton Bridge 1st g 4s '51—J&J St Johns & L Cham 5s 1944-M&S 114 4%s 1960ser C—..A&O Eq tr 3%s Apr 1 1939-1946... \b * 102 107 con 111M 1st M Eq tr 2 Ms 1939-1946 Rutl Can 1st g gu 4s 1949 4s stamped 1949 108 M F&A / J&D / Pitts Va & Char gu 4s 1943-M&N Pitts & West Va Ry— 104% 102 M&S 1st guar 4 Ms 1934 97% 97 M J&J Cons 1st g 5s July 1 1943.-J&J Pittab Term RR & Coal— 102% 40 J&J 1.00% 1.00% 1.50% 1.50 Develop & Develop & Develop & 86 102M A&O 62 1.50 2.00 2.00 Stamped (Fed tax) 1955.J&J H 60% J?q 5b 1939-1941 D (yr).A&0 1st consol g 5s 1994 57 M 78 X 95 Rio Gr June 1st gu 5s 1939--J&D Rio Gr So 1st g 4s 1940 J&J 1st g 4s guar 1940 J&J 50 M&S a 2.00% 1.00% 104M 49 Southern Railway— 99 Richmond & Petersburg— Cons 4 Ms 1940 A&O Richmond Term 1st 5s 1952.J&J Richmond-Washington Co— Coll tr g gu 4s 1943 opt—J&D 50 48% 1st ref g 4s 1955 opt 1910—J&J 12M 103 M Mecklenburg— 4s Nov 1 1948 M&N Rio Gr West 1st 4s 1939 a 52 53 49 Southern Pacific (Golden Gate Ferries) 1st 5Mb 1949—A&O Southern Pacific RR Co.— St Louis City see Pac of Mo St Louis Iron Mt & Sou— Pitts Shawmut & Northern— Pitts Shenango & Lake Erie— 1st gold 5s 1940 A&O 10 99 M St Lawr & Adirond 5s 1990—J&J 2d gold 6s 1996 A&O Philippine Ry 1st 4s 1937 J&J / 9M Piedmont & Northern— 1st mtge 3 Ms 1966 —J&O 93 M Pitts Bessemer & Lake Erie— Cons gold 5s 1947 J&J 116M 4s series D 1945 50 Richmond & 81 93 Phila & Reading RR—See "Readi ngCo." A&O M&N 50 101% bds May 1 1941 M&N Rich Fredericksbg & Potomac— Cons mtge 4%s 1940 A&O 77 99 M 4Mb series B 1942 4Mb series C 1942 ; 103 g 1st g Pacific Fruit Express— Eq 5s 1939 O (yr) 44% 1.75 M&N 74 Phila Bait & Washington— Pitts Cin Chic & St Louis— Con g gu 4Mb ser A 1940-A&O _ 77 50 M 50 10-yr secured 3%s 1946-—J&J Equip 5s 1939 (yr) M&N Eq tr 4Ms 1939-1940 (yr)_J&D Eq 4Ms 1939-1941 (yr)_J&I> 4% 3 2.60 Delaware River Terminal 74 Phila & Bait Ceni 4s 1951—M&N Gen M 4 Ms 1977 ser Gen 4Mb merle* D 19R1 .J&D Phila & Chester Val 4s 1948.A&0 Phila Newton & N Y3s 1942 A&O 104 77 M Eq 4 Ms 1939-'45 (s-a)—M&N Equipment trust 5s 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 71 M&S M&N A&O F&A C_- J&J 81 56 M 77 M opt'06..A&O Gen & ref 4Ms 1997 ser A..J&J Gen & ref 4Mb 1997 ser B.J&J St Joseph & Grand Island— 85 1943 M&S 1st 5s 1941 Rensselaer & Saratoga— - 77 J&JlV J&J / J&D J 78 Equipment trust 4Mb b Equip trust 2%s 1939-46..J&J b Perkiomen RR ext 3 Ms 1951.J&J 1st gold 4s 1931 Raleigh & S'port Ry 5s *65 Reading Belt 1st 4s 1950 Reading Company— Rutland 1956 ser A—J&J B-.J&J Gen 4s April 1 1960 Gen 5s 1974 series B 5s — 97% 86% 97% Ask 50 1st 4 Ms (Ore Lines) 1977.M&S 40-year 4Mb 1968 M&S 50-year 4Mb 1981 M&N 4 Ms 1969 with warr M&N — 85% 96% Rock Island-Frisco Term Ry— 1st M 4Mb 1957 J&J 20 53 2d consinc 4s 1990 Apr 1 / 4M Peoria & Pekin Union Ry— 1st g 5Ms 1974 series A 106 F&A Peoria Ry Ter 4s 1937 gu op. J&J 50 Pere Marquette Ry— 1st g 4s July 1956 ser 1st 4Mb 1980 ser C 1st — Rock Island Ark & Louisiana— 22% 101M 102% 102 M 101M 101M 95 — — 106 Raleigh & Augusta Air Line— 1st coll tr 4s 1949 opt • 101% 6% franc bonds (foreign series) red to 110 Potomac Val 1st gu 5s g 1941. J&J Prov Sec deb 4s 1957 gu M&N / Prov Ter 1st g 4s gu 1956—M&S / Prov & Wore 1st 4s 1947 A&O Bid Bonds Southern Pacific Co * Coll tr 4s (CP) Aug 1 *49—J&D 105% Guar 5s 1961 J&J Portland & Rumford Falls— 5s 1951 M&N Ral & Gaston 1st 5s g 1947 Ask 104 J&D F&A J&D 1st 4Mb series D 1977 J&D Port Reading 1st gu 5s 1941—J&J Portl (Me) Term gu 4s 1961-J&J 6% 1938-.-J&J F&A Old Colony RR 4s 1st M 5 Ms 1944 6% 6M 108 25 6% 6% Bid Bonds Pitts Young & Ashtabula— 1st gen 4s series A 1948 Jer Cent 4s 1951 North Pennsylvania Gen g BONDS where marked "f** and Income and defaulted bonds of the month preceding the date of Issue the closing day 1st M 5s 1962 series B 1st gen 5s 1974 series O 47 _ _ 115M 45 38 Northern Pacific— Prior lien g 4s Jan 1997 Q&J Gen lien g 3s Jan 2047-.—Q&F Ref & imp 4%s 2047 ser A.J&J Ref & imp 6s 2047 ser Ref & imp 5s 2047 ser Ref & Imp 5s 2047 ser Ask 113 105 % A—M&S Gen & ref g 4%s ser A '74.M&S Northern Ohio Ry 1st guar 6s— except as possible for fcLastsale. ^Nominal. 1st lien & ref 3%s A 1966-M&S 106% 1.50 Eq tr 4Mb 1939-1940 (yr)—J&J b 107 % 1.00% KAILKOAD April, 1939] 71 BONDS bond prices are "and Interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the and Income and defaulted bonds month preceding the date of issue NOTICE—All Bid Bonds and Stocks Wabash Railroad Co— 1st gold 5s 1939*———M&N f 2d gold 5s 1939^*.-—F&A/ Deb mtge 6s series B I939.J&J / 1st Hen term gold 4s 1953k J&J Ask Equipment trust 5Xb Equipment trust 5s dtr 4Hs 1939-43 (yr)—A&O Det & Chic ext 1st g 5s *41.J&J Des M Div 1st g 4s 1939 J&J Toledo & Chic 4s g 1941—M&S Omaha Div. 1st 3Hsg'41.A&0 Wabash Railway Co— Ref & gen 5 his 1975 A—M&S Certificates of deposit Ref & gen 6s 1976 ser B—F&A Certificates of deposit Ref & gen 4^8 1978 ser O.A&O Certificates of deposit ' Ref & gen 5s 1980 ser D A&O Certificates of deposit Warren 1st ref g 314s 2000 F&A 21 42 % 27 21 27 24 M 28 40 M 98 M 98 M 98 50 X 17 M 16 8X 11 7X West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— 1st g s f 4s 1990— A&O West Fruit Exp—See Or Nor Western Maryland 4s 1952.A&0 1st & ref 5 Ms 1977 ser A—J&J Equipment trust 4 Ms West N Y & Penna 4s 1943. A&O Western Pacific RR Corp— 1st M 5s 1946series A....M&S Assented 5s 1946 Equipment trust 5s... Western Ry of Ala 4 Ms *58 A&O Wheeling & Lake Erie RR— Ref mtge. 4s ser D 1966—M&S 1st consol gold 4s 1949-—M&S Wheeling Term 4s 1940 F&A White & Black River VaUey— 1st 5s 1980— J&J Wichita Falls & Southern— 1st 5s extended 1948 J&J Wichita Union Terminal Ry— 1st g gu 4 Mb 1941 opt M&N Wilkes-Barre & Eastern— 1st guar g 5s 1942 J&D Willamette Val Southern Ry— 6s 1939—— —F&A Wilmington & Newborn— 1st gold 4s 1947 ..F&A Wilmington & Nor 4Mb '77—J&D Wilmington Ry Bdge 5s '43.A&0 _ 100 Chattahoochee & Gulf (guar).100 25 19" 10 12M 9 7 7% ~7X ~8X 7 40 50 90 40 102 43 103 107 Vs 109 54 H 54 86X 91M 87 2.00 92M 1.50% 107 M .J&J 1st gen g 4s 1949 Certificates of deposit. 1st & ref 4s 1959 ..A&O Sup & Dul Div 4s 1936...M&N Certificates of deposit.... Marshfield & S'eastern div 4s 1951 M&N Worcester & Conn Eastern Ry— 1st gold 4Mb 1943 J&J Yonkers Ry see "P U" bonds— Yoseralts vails f g 5s 1936 J&J . RAILROAD 16 M 17 4~75 3.75% 18 85 104 M 109 111 102M 3 5 35 105 8X 14 Alabama & Vicksburg (gu) 100 Albany & Susquehanna (gu)—100 Albany & Vermont (guar) 100 Alleghany Corp common * 5M% pref (with $30 warrV-100 6M% pref (with $40 warr)_100 5M% pref (without warr) 100 2 M % prior conv pref * Allegheny & West (6% guar)_100 Atchison & Eastern Bridge 100 Atchison Topeka & Santa Fe. 100 5% non-cum pref 100 Atlanta Birm & Coast pf (gu) .100 Atlan & Char Air L (guar) 100 9M 18 95 110M 115 6 5 9M 14 3M 6M 20 31 8M 14 M 15 M % 1st non-cum preferred. .100 4% 2d non-cum preferred..100 Columbus & Xenta (guar) 50 Concord & Portsmouth (gu)._100 Conn & Passumpsic pref (gu)_100 Consol Rys of Cuba 6% pref. 100 Cuba RR 6% non-cum pref..100 Dayton & Mich com (guar) 50 Preferred (guar) 50 Delaware & Bound Br (guar) .100 Delaware & Hudson Co 100 100 50 ..50 50 1 40 g* 27 M 59 M 10 67 7l" 5 22 M 5M 6M 23 M 69 71 29 30 M 6M 70M 82 1M 84 2 1M 1M 1M 1M 1M 50 1st preferred..100 4% non-cum 2d preferred.-100 Erie & Kalamazoo (guar) 50 Erie & Pitts (guar Pa RR) 50 European & North Am (guar) 100 Fort St Union Depot (guar)..100 Ft Wayne & Jack pref (guar).l00 Genesee & Wyoming 100 Georgia RR & Bank Co feu) .100 Georgia Sou & Fla common 100 1st preferred 100 2d preferred 100 * 100 Hartford & Conn Western Hudson & Manhattan 100 See utility stocks Illinois Central 100 Non-cum 6% pref series A. .100 Leased lines (guar) 100 Stk tr ctfs—See RR Securs Co com .* 5% preferred..... 100 Joliet & Chicago (guar)... 100 Kal Allegan <*i Gr Hap (gu).. 100 K O St L & Chic—Pref (gu).. 100 Kansas City Southern ...100 4% non-cum preferred. 100 Lackawanna RR of N J feu)..100 Lake Superior & Ishpeming Lehigh Valley.... 100 50 50 ...... Preferred.... Lexington Union Station— Preferred (guar). ..100 Little Miami original guar... 50 Sper g»-»r betterment stk. Lit Scbuvl Nav RR & Coal feu) ~4X 6 6 o 101 32 37" 67 71 IX 3% V* 35 80 39 140 150 85 5 2 X 3 X Pref (guar N Y 5% preferred...* 4 3 3 4 1M 12" 13 ... 100 Minneapolis St P & 8 S M 7% non-cum preferred ...100 4% leased line ctfs ....100 100 14 Mo-Kan-Texas RR 69 93 Rich Fred & .4** 58" 55 60 158" 154 3 X 10 4 13 13 X 8* 50 3M 12M M 11X 2« 2 11X 17 43 4 4X 46 47 X 98 57 62" 30 45 7 6Vs 17 47 13 44 4X 4 77 86 X 8X 57 IX 68 30 X 105 37 20 30 30 2 30 18M IX 99 2 15 117 260 36 51X 81 156" 173 50 9 145 46 Preferred (guar) ...100 St Louis Bridge 1st pref (gu)_. 100 2d preferred (guar) 100 St Louis-San Francisco Ry._.100 6 % non-cum preferred 100 St Louis Southwestern 5 % non-cum preferred 100 103" 99 6% 13 20 17 X 63 X 175 15 38 X 40 14 36 133 65 X IX 2X 100 5 Saratoga & Schenectady (gu).100 Schuylkill Valley Nav & RR(gu)50 Seaboard Air Line common * 38 non-cum preferred Shamokin Vail & Pottsv (gu) Sharon (guar Erie) Southern Pacific Co Southern Ry 100 50 50 100 100 5% non-cum preferred 100 Mob & Ohio stk tr ctfs (gu)_100 Southwestern of Ga (guar) 100 Stony Brook (guar) 100 Sussex (guar D L & W) 50 Syracuse Bing & N Y (gu) 100 common Central Preferred * 100 100 Troy & Bennington (guar) 100 Troy & Gr'bush (gu N V ()>_. 50 65 16 60 100 Texas & Pacific Ry 10 Tunnel RR of St Louis (guar) Union Pacific—Common .100 100 87 X IX 60 17 12X 13X 19% 28 31 60 8 140 6X 75 18* 70 40 133 90 100 81 United N J RR & Canal feu) .100 Utica Chen & Susq Val (gu) 100 241 4% 70 non-cum preferred 54 30 45" 44 45 Utlca Clinton & Bingham (gu)100 Preferred (guar) 100 50 16X 18 Valley RR (N Y) (guar) 60 400 _ - — - - - — 14% 60 70 650 800 1/ >2 "7" 4 37 36 37 35 X X 1 100 n X 1 4% non-cum pref (guar)...100 48 b Basis. 100 Tennessee 160 1X t Quotations represent dollars per $100 face amount, 145 100 Roch & Genesee Val RR (gu)-100 Rome & Clinton (guar) 100 Rutland 7 % preferred 100 Rutland & WhitehaU (guar).. 100 4-2% 19 41 4X com 170 " 109 100 St Joseph South Bend & Sou— Common (guar) 100 1M 19 X 45 Potom—com Dividend obligations 6% guaranteed... 7% guaranteed 55 * ... 100 66 7% preferred series A.....100 com Pitts Cin Chic & St Louis (gu) .100 Pitts Ft W & Chic com (gu)_.100 85 4" 5 "2" Mississippi Central 100 ..100 Phila Germ & Norris (guar).. 50 Phila & Trenton (gu Pa RR).100 %4% 111 Cent stk ctf 1952—1000 Reading Co 50 4% non-cum 1st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar).lOO 1M 2X 50 ..... X 2% X Railroad Securities Co— 375 Preferred 50 Mill Creek & Minehill Nav (gu)25 Mine Hill & Schuyl Hav(gu)—50 54 11 69 50 2M 2M 2M 21 111 115 19X 26X 51 40 IX 1 IX UH 12X 100 66 38 ....100 80 100 Preferred (guar).. 100 Pittsfield & No Adams (guar) .100 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar)., 100 M 50 Massawippi Valley (guar) 100 Michigan Central (guar) 100 Midland Valley common—... 50 .....100 Marquette Ry com. 5% preferred 5% prior preferred..... Peterborough (guar) 68" 49 8M & Eastern Pere 64 48 35^ 5" Central) Peoria 14 20 100 .100 Adjust 4% non-cum pref 100 No Carolina (guar Sou RR)_.100 North Pennsylvania (guar) 50 Northern Cent (guar Pa RR). 50 Northern Pacific Ry —100 Northern RR of N H (guar).. 100 Northern RR of N J (guar) 100 Norwich & Worcester pf feu) .100 Ogden Mine RR (gu On N J).100 Old Colony (gu NVNH&H)..100 Ontario &; Quebec (guar) 100 Oswego & Syrac (gu D L & W.) 50 Passaic & Delaware (guar). 50 Passaic & Del Exten (guar).. 100 Paterson & Hudson River feu).50 Paterson & Ramapo (guar) 50 Pemigewasset Valley (guar).. 100 Pennsylvania RR 50 Pennroad Corp vtc 1 Peoria & Bureau Val (guar)..100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia. ^. 100 Pitts Youngstown & Ashtabula— 55 30 100 Mahoning Coal RR M line Central 100 7 % pref (guar Pa RR) 6 4M 45 100 _ 46 47 Lykens VaUey RR & Coal (gu)_20 100 7% Piedmont & Northern * Fgh Bess & Lake Erie (guar)_j. .50 Preferred (guar) ...50 1 X 5% conv preferred........100 Mobile & Birmingham— 93 50 Louisville Henderson & St LouisPreferred (guar) ...100 Louis & Mo Riv pref (guar).-100 Louisville & Nashville .100 Missouri Pacific No par value. 68 3X 3 X Internat Rys (Cent Am) ~8M 1M 2M • 33 120 65 76 43 non-cum 62 2 Ex-dividend. 90 31 —100 common 4% 40 1st - X 100 100 5% non-cum preferred 100 Detroit Manufacturers (guar) 100 Dover & Rockaway (guar)—100 8M 6M 7M 11M 1st . 1H 41 X 8M 6M 6M 10M 38 ... 1 47 40 33 pref 5% class A..... 100 pref 8% class B 100 pref 7 % class O. .100 1st pref 10% class D— 100 1st pref 4 M % class E 100 6% non-cum pref stamped 100 Boston & Providence (guar)..100 Boston RR Holding pref. 100 X 45 Southwestern (guar) Detroit & Mackinac Ry 100 6% preferred series A..*...100 com (gu) 50 10% non-cum pref (gu) .50 N Y Lack & West (guar) 100 Norfolk Southern Norfolk & Western Ry... M 2M X 16% 50 N Y Chic & St Louis com N Y & Harlem conv preferred N Y Ontario & Western 25 pref.100 Delaware (guar Penn). Denv & Rio Or West 6% New London Northern (gu)_.100 New Orleans Great Northern. 100 New Orl Texas & Mexico 100 New York Central RR * ^ 15M 4% 35 Augusta & Savannah (guar)—100 Avon Gen & Mt Morris (gu)-100 Bait & Cumberland 7% gu——50 Baltimore & Ohio common...100 . 100 5% non-cum pref (gu) 100 Cleve & Pitts (gu Pa RR) 7%.50 Special guar 4% — -50 Colorado & Southern 100 128 16M 1st St Louis 39 N Y New Haven & Hartf 106M 124 16 100 IX 105M Preferred (capital stock.. Green Bay & Western 20 H Common M CIn Union Term 5% pref.—100 Clearfield & Mahoning feu)—50 Greene (guar D L & W) 100 Gulf Mobile & Northern com.100 6% preferred 100 18 Unstamped— 1st pref 6% class A.....100 1st pref 8% class B—...100 1st pref 7 % class C .100 1st pref 10% class D 100 1st pref 4M % class E 100 6% non-cum preferred——100 7 % prior preferred 100 Stamped— IX X 2M 119 73 25 Belgian Nat Rys Co— American shares partic pref— Boston & Alb (guar N Y 0)—100 Boston & Maine common 100 M 2X M 2% 290 71 70 50 48 113 81 131 Y O) 89 60 44 100 67 M 85 63 M 65 ..100 50 100 32 Inter-Terminal— Cleve Cine Chicago & Common (guar) 42 Original (guar L & N) Nashv Chatt & St Louis. 100 Newark & Bloomfield (guar)..50 85 270 Erie 8M 7M 2M 20 4% non-cum pref Bangor & Aroostook com 31H 87 X -—100 7% preferred6% preferred 25 _Unstamped (guar L& N)——25 20 common—100 6% non-cum preferred East Mahanoy (guar) East Pennsylvania (guar) Elmira & VV'msport (guar) Preferred (guar) 126 5% conv preferred Beech Creek (guar N Chic RI & Pacific 2 33 35 68 6 18 X Duluth South Shore & AM— 100 Atlantic Coast L Co of Conn. .50 Atlantic Coast L RR com—100 Atlanta & West Point 23 3 20 5% non-cum preferred 100 Chicago & North Western._-.100 7% non-cum preferred 100 Goshen & Deckertown (guar)..10 Great Northern Ry— Iron Ore Prop trust ctfs ♦ 50 50 44 Detroit Hillsdale and 97 — com 44 41 10 Montgomery & Erie (guar) 4 84 20 Bid Morris & Essex (guar) 50 Morris & Essex Exten (guar).100 Mt Carbon & Pt Carbon feu).-50 Nashua & Lowell (guar) 100 Nashville & Decatur— 49 8X Par SLoc ks Mobile & Ohio—See Southern Ry 29 80 X 41 6 % preferred —100 Chicago Great Westorn com—100 4% preferred -—100 Chicago Ind'polis & Louisville 100 4% non-cum preferred 100 Chic Milw St P & PacificCommon —* Delaware Lack & Western— 25 STOCKS Al Great Southern Preferred Chesapeake & Ohio common...25 Preferred series A.........100 Chestnut Hill (guar) -50 Chicago Burl & Quincy 100 Chic & East Illinois common.100 25 37 X 4 Winston-Salem Southbound—* 1st gold guar 4s 1960 J&J Winston-Salem Term 5s *66.A&O Wisconsin Central Ry— — Ask Bid Preferred (guar)..—-——-100 Gin New Orl & Texas Pacific—100 Preferred —100 50 106M Chesapeake Corp Cinn 60 49 Canada Southern Canadian Pacific Central of New Jersey 41M Washington Central Ry— 1st 4s Mar 1 1948 Q-Mar Washington Co Ry 1st g guar 3 Ms Jan 1954 opt 1924. J&J Washington & Franklin Ry— 1st extend 4 Ms 1954 J&J Wash Term Co—3Ms 1945.-F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4Mb 1947 F&A .25 100 -25 Caro Clinchfield & O (guar)..100 Catawissa RR—1st pref (guar) .50 2d preferred (quar)——-—-.50 Cayuga & Susq (gu D L & W).30 (guar) (guar) Camden & Burl Co „ __ Par Stocks . X X X 2X IX 4X % IX 50 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar). 100 5% non-cum pref (guar) 100 Virginian Ry common ....100 6% cum preferred 100 Wabash Ry.... : 100 5% non-cum preferred A... 100 5% non-cum conv pref B_. 100 Ware River (guar).. 100 Warren N J (guar D L & W>. 50 West Jersey & Seashore (gu). 50 Western Maryland Ry com..100 1st preferred ...100 4% non-cum 2d pref 100 Western Pacific RR Corp....100 6% non-cum preferred 100 Wheeling & Lake Erie Ry IOO 4% prior lien. ......100 RV* % cum preferred JOT Wilton (guar Boston & Me)..100 / This price includas accrued interest, k Last sale. 16 67 145 116 IX IX IX 58 30 55 2% 40 5 X 1 50" 74 26 » Nominal. \ Investing Companies Stocks and Bonds bond NOTICE—All prices ere "and interest" except where marked *'(' 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 Stocks and Bonds Ask Bid Par Per -• 1.25 Administered Fund 2d Inc Affiliated Fund Sec conv com... x 101K 99M 1M J&J 1949—J&J -* Investors Inc Convertible preferred 11.36 3.25 101% 100 $3 Aldred Invest Trust (Mass)— Deb 4Mb with com shs 1967— 43 46 Aldred Investment Corp (Can)— Deb 4 Ms with com shs 1968— Alliance Investment com * 47 49 1 Allied Int Investing Corp com. * Amer British & Cont Com |6 preferred. g 5s 1953 98 M F&A Business Amer ... Capital Corp A —10c * f 5s 1958 ser A s 5s series B 1958 28 M _ 8 102 3 % 24 M II—IIIIII1 preferred. preferred IK 3M 102 ..10c 27 M 32 American General Corp $2 1 * J&J M&N 30 26M 1M 1M 5K 25 1 Amer Elec Sec par tic pref American European Secur.. 77 28 M 25 div ser w w M 23 69 K — — Amer Cities Pr & Lt cl A Coll tr 18 $3 preferred 4M 27 M W* 36 Amer General Equities 41c 46c ♦Amerox 22 23 K Amer Amer 7% 8% Ins—25c Holding Corp * Insuranstocks Corp Investment (111) * preferred 25 preferred 25 Associates Investment Co 5% preferred w w 5% preferred ex-warr 10-year deb 3s 1946 5 36M 93 M Q*3 ♦Class A 35 M 95 Broad St. Invest Co Inc Bullock Fund Ltd 103 M 27.59 1 * 45** General Investment Corp $6 preferred Warrants General Investors Trust 56*' 4.53 Gen'l Realty & Utilities com 1 $6 preferred * Gen Shareholdings Corp com—1 16M 1M 17 * 67 74 1st pref—* Gleneagles Invest 5s June 15 1944 14 17 $6 conv pref ww German Credit & Investment— 1 Pref allot ctf 25% Corp 4M» 1959 Group Securities, Inc.— Agricultural Shares 4.94 IK IK 69 M 4.91 5.35 6.04 Building Shares 5.59 6.09 Petroleum Shares 4.32 4.71 Railroad 3.42 3.73 5.27 5.74 5.02 5.47 90c 44 15" Equip Shares Steel Shares Tobacco Shares "2K n\V* 39 14.77 13 K 30c 22.16 23.70 12M 13M 94 96 3.60 3.95 Guardian Invest Trust (Conn) Preferred Guardian Investors * 40c * — 22 M 4M M com $6 1st preferred $3 2nd preferred Debenture 5s series A M 5K 96 M 98 M ♦Central 29 32 2 3 78 5% * Central States Elec Corp... K 9 100 100 100 100 6* n* 4 5 3 4 3 3M 22.26 23.93 9.40 10.18 1M * Chemical Fund 1% Holding Corp Hydro Elec Sec com * Illuminating & Power Securities— 1st preferred 100 Incorporated Investors 5 3 (Md) ctfs Inc—.1 International Holdings & Inv—* common Investors Fund of Amer Series Cl 52 107 62 Investors 42"" Investors Trust common Royalty 108 M A&O J&D 104 104 M 25 102 102 % 49 50 3.20 Preferred 103 20» 3.48 —— 18M 19M 9.30 % 20 25 26 26.47 21.72 Larkins Warr Trust 15.31 15.26 9.55 14.29 Manufacturers Finance (Bait) S f coll 4 Ms series A 1942.A&O 25 20M 21 t101M Accumulative series Massachusetts Investors Trust—1 19.02 20.45 AA 1 2.56 Mutual Investment Trust 9.98 10.91 1 2.56 National 10 •7% cum 24 % 26 % 5% preferred ser A w w Nat Bond & Share Corp K 111M 32 M National Invastors Nat Republic Invest 115 10 preferred 100 Cumulative Trust Shares— Delaware Fund 30 * 4.37 14.73 Deposited Bank Shs N V ser A.. 1 Deposited Insur Shs ser A 1 1.47 Series B conv 15.92 1 - 3.40 2.50 D shares Domestic & 5.15 5.80 2fx* 1.11 22 1.22 ForelgnIn5Ms47F&A 1st coll 4s series A 1952...J&J Eas Util Invest I)eb5sl954 M&S 1ft / Eaton & Howard Management * Economic Tnv Tr f td 5rA'57M&N New M&S 1952 M&S 1 * 2 M M 13.83 3H 7* 95 M 46c 70 M 50c 36 3.30 l 2.29 Class B 2 3.47 Class C 3 6.25 3 6.25 8.96 9.74 1 25M 26 K Investors 6% cum * 2 2M 74 preferred. 5s conv deb 1953 J&J Trusteed Amer Bank Shares B 25c Trusteed Industry Shares 25c Trustee N Y Bank Shares 60c Trustee Stand Invest ser O 1 Class D M 105 M 53c 89c 1.15 1.23 2.32 95 M 21 Trustee Standard Oil shares A—1 Series B 1 4.87 Union Investment common..... * IK 6M 1.13 5c K K York 2M Conv deb 5s 1940.. M&S United N Y Bank Shares C3—-* 99 U S Elec Light & Pow tr ctf A..* Trust ctfs series B. 15 l".28 12.22 5.29 U Voting shares S & Foreign Securities com..* oreforred U. S. & International Sec. $n 89c 6 77 1st 1st pref with warrants. Utility Equities Corp IX 2.05 M 55 K 99 32 Stocks, Inc. Agricultural 6.78 7.34 Automobile 97 4.33 4.71 $5.50 priority stock. Utility & Industrial Corp 6 8.39 9.08 Convertible preferred 7 K IK 7.77 8.41 Wellington Fund ! 12.65 6.55 7.10 6.23 6.75 Western Reserve Investing— Deb 5Ms 1944 F&A 102 M 9.13 9.87 Wisconsin Bank 17.95 103 - Aviation stocks Building supplies 16.72 101 107 M 59c 2.27 3.43 100 100 87n 79c 1 11.34 preferred 2d preferred * 1942 — Electrical equipment Insurance — _ Banksharcs.. 5 1M 48 4M Quotations not furnished by sponsor or issuer. * No par value. X Called April 1 at 101 %. d Named changed to General Shareholdings Corp. Ex-coupons. / Flat price, k Last sale, n Nominal, t Called April 26 at $100 plus div. x Ex-dividend, y Called April 15 at 103M. ▼ e 1 25c — * 5 5.55 M 6M — 1st Dominion-Scottish Invests Ltd— Fund A-l 20 New York Investors common—* O shares Shares 91 * 1 New Diversified Trustee Shares Dividend Nat Trust Shares Remodified Voting shares England Fund 2.50 100 * ..l Super Corp of Amer class A Class A A 14 Trust— Nation Wide Securities Co 2.77 11 pref stamped 9.53 2M War arrants 4M com IX ♦ $5.50 preferred w w * Deb 5Ms 1939 F&A 15 Standard Utilities Inc 50c ♦State St Investment Corp * Suburban Elec. Securities. $4 cum 2d preferred ..* 7.61 5.17 ♦8% preferred 100 * 25 Tri-Continental Corp 4M Bond & Invest com., _* 1 1 Third National 4.67 .10 1 1 Class D 5 10c ♦Crum& Forster Insureh B 10 50 100 Supervised Shares... 2.17 2.17 AOC (modified) 10c Allotment certificates 4.10 1 1 Crum & Forster Inc Corp Maryland Fund Inc 9 ..* Commercial 5% preferred Second Carey Trust 10.46 6.89 Marine Midland 12K 'eb." ...1 Standard Amer Trust Shares Standard Investing Corp com 23.76 10.63 ♦ Royalties Management A ♦Schoellkopf Hutton and Pomeroy Inc common 10 Lawyers Mtge Inv (Boston)-— 1st 5 Ms series B 1940 M&S Lehman Corporation.. 1 Manhattan Fund Inc ♦ Preferred Solvay Amer Corp 5 M % pref. 100 Sovereign Invest. Inc., com..lOc 56 Spanish & Gen Corp Ltd— Am dep rets ord reg 16 £1 9.90 Amer dep rets ord bearer £1 * % Spencer Trask Fund Inc 28.94 14.fl 104 Representative Trust Shares 10 Republic Investors Fund Reynolds Invest 5s 1948 A&O Common stock 1 4 Ms Mar 5s March 2.64 ♦0% preferred 100 Corp Secure 5% ctfs 1935..M&S Corporate Trust shares old ser_.l (modified) * (Geo) Fund Quarterly la co me Shares.. 10c 5% debi i ries A 1942 M&N Railw y & Light Securities com. * Conv coll 4 K? ser "11" *55 A&O Railway & Util Invest A 1 3M% preferred. * Reliance Internat Corp com A 10c Shawmut Association Shawmut Bank Inv Trust— 9.45 — Continental Shares AA Pub Util Sec $7 partic pref Convertible stock 25 101 ♦Putnam 1M 6M 8.61 Series S-4 2 15M 6M * Investing 5s~1948.A&0 $5.50 prior stock 12.98 Series S-2 Series S-3 18 53 13.93 13.72 Series K-2 65c Util 5 5 Series B-3 50c / $6 preferred Pub 19 41c * Selected Income Shares.. Selected Industries com 3 26 Series K-l 100 3K Keystone Custodian Fund— 110M Continental Secur Corp-1- M 15M 25 Series B-2 * 46 * 10 10c 6s series 4 Nov 1942 Securities Corp General com $6 preferred Selected Amer Shares Inc.. 25 Series B-l Investment 1 Commonwealth Secure common. 1 Preferred 1 Consolidated Invest TrUjsfc com.l Phoenix Sec Corp $3 conv pref class A Plymouth Fund Inc Prudential Investors 1.54 1 Preferred 45M 106M Commonwealth * Overseas Securities Co ♦ Deb 5s April 1 1948 A&O Pacific Finance Corp (Calif) 10 99 K 1 common 2.140 * 107M J&J yl0318»j Debenture 4 Ms Feb 1 1947 Debenture 4Mb Dec 15 1952 Colony Trust Assoc Old 1.12 4s coll tr CCC 1939-42---M&N 137 —100 Oklahoma Southern Trust 10 Old Colony Invest Trust Com..* Second Nat Inv Corp Com 99 K 99 K 2.090 38 1 $5 conv preferred Securities Co of New Jersey— 4 Ms coll tr AAA 1939-43--A&O 5s coll tr BBB 1944-51 A&O 134 Preferred 100 Cleve Securities 4-6s to 1943.J&J Commercial Credit common 10 16.16 Interstate Bond Co— Equity 1 1.22 Iosuranshares 4H Mar 10 1958 1 Northwest Bancorporatlon * Ohio Finance conv 5s 1951.. F&A Deb 6 Ms w w 1944 M&N Oils & Industries com 1 Preferred 1 Oklahoma County Trust 10 1.02 Insuranshares Co of Delaware—1 97 % „ .100 100 North American Trust Shares— 1953 ♦ ~3K 3K 3M K 4% IK 5M 6.20 7.30 J&D 2% Utility Invest— Deb g 5s Jan 1949 a!&A. Deb g 6s 1940 B with war.-J&J / Interstate 1951 Seaboard Insull 100 37 4K 95 M 15.03 5 100 100 36 Collateral 4s 6 % preferred $6 preferred Institutional Securities Ltd— New stocks Class B common 5 Class A preferred 100 Normandie Nat Sec pref North American Bond Trust Ctfs, North Amer Invest Corp com.100 1 40c 2.05 Independence Fund of N A $3 convertible pref A .._* Invest Bond & Share 5s A '47J&D Investment Co of Amer 10 * 5M 45 20c ♦Huron Bank Group shares Insurance Group Shares 74 "H 43 1948 Independence Trust Shares Corp class A Railroad equipment Pacific Investing Deb 5s 1948 J&J Pacific Southern Invest pref * Class A * Class B * 64 A&O 7.16 8.10 7.87 7.27 5.72 6.34 Niagara Share Corp (Md)— Conv deb 5 Ms 1950 M&N 26 1 7.06 6.57 Cent-Illinois Securities Corp.—1 $1.50 conv preferred * Cent Invest Corp 5-6s '57.-A&O 6% preferred Debenture 5s May 1 1942 29.67 *64 Jan. k Ask share 6.61 7.48 Oils 4.34 76M 5M 37 M 1951 104 6.49 Deb 5s series A 1958 F&A Capital Administration cl A $3 cum pref series A 10 Carey Trust Debenture 3 Ms 103 -* Deb 5s Feb 1 General Capital Corp 3.98 15c Canadian Invest. Fund. Ltd Canadian Pow & Pap Invest Ltd preferred 97 6M 11K 1 2M% debentures 1942 "6K 6 Investors—* * 1952 F&A 5.31 38 A&O Commercial Invest Trust 4.22 * American $6 preferred Aviation Shares Canadian Internat Inv Trust— preferred.. 5.33 4.87 13.74 * 1 5 3 K % debentures 1951 4.65 2 Class B Bid Inc.—(Concluded) Machinery 29 Automobile Shares 3.40 100 Boston Fund Inc Boston Personal Prop Trust British Type Investors conv Class A General 1956 Par Metals 29K 16.83 I 1M City Investing Co 28 M 15.54 Investing Shares. Merchandising Shares. Mining Shares 2 com 4.20 3.19 1 Securities 29K 1 1 Fundamental Investors Inc 2 Fundamental Trust Shares Inc— Bonds 5M% preferred 2.92 1 $4.25 National Investors— Common with warrants Common ex-warrants ana Per N. Y. Stocks, 7.65 6.50 Blue Preferred 6.95 4.44 Blair & Co conv 8.74 47 M 3.90 2.61 3.45 5.97 13 4K% 10 Foreign Bond Associates Inc..10c Foreign Power Secur Corp— 1st coll tr conv 6s A 1949-. J&D Foundation Trust Shares ser A—1 3.10 4.07 50 10 6% preferred Basic Industry Shares Christiana 2.34 101 M 6 Bankers Securities Corp com..50 Chicago Corporation Convertible preferred 10c 10c Insurance stock series Fixed Trust Shares series A 5M 1 7% preferred Conv preferred Conv pref series of 1929 6% cum preferred Century Shares-Trust 7.17 Food Shares Bankers Nat Investing— Nat 16 6.48 Chemical Shares ... ♦Class B 14M - 7% 44 50 6« series A 1959 ....10 Stocks Steel % 6% preferred Ridge Corp common $3 conv preferred 18" 14 13 Atlantic Secur 4Ms A 1953.A&O Atlas Corporation common 5 Option warrants. 24^ 134 16.86 100 100K 4M 2 1 * ment 32 "IM 28.47 Great Brit & Canada Invest¬ 29 100 100 J&D Associated Stand. Oil Shs 5M 31M 30 * ... M 5K Fourth 5M 3.16 4 2K M 10c Class B Class A opt Class B 101 5M Shares... $3 preferred $5.50 prior pref 10M 2.86 Amer Business Credit A Amer 2 Feb. .... 26.76 —.1 First Mutual Trust Fund Fiscal Fund, Inc.— Bank stock series 1% 9* 22* $3 convertible preferred d Ask share % 25M preferred eonv Fidelity Fund, Inc •A ♦First Boston Corp % —- Elec Shareholdings Corp com 1 Empire Capital Corp A 5 equitable Invest Tr (Mass) 6 Enulty Corp common ..10c Equity Shares 14 —* Warrants 10.68 2.92 Bid Par Per 100 deb 5s 1944-47—J&J Conv deb 5s 1948 Sec conv deb 4 Ms Air x Stocks and Bonds share Utilities Public (Includes street and electric railways, gas, electric power, water, telegraph, telephone and bridge companies.) 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 precedlng^the date of issue Bid Bonds Adriatic Electric Oo (Italy)— Extlsf7s 1952.. A&O Ala Gas Oo 1st M 4%s 1951-F&A Alabama Power 1st 5s 1946.M&8 1st & ref 5s 1951 J&J 1st & ref 5s 1956 M&N 1st A ret 4%s 1967 J&D 1st & ref 5a 1968 M&S Alabama Water Service Co— 1st M 5b 1957 ser A J&J Allegheny Gas Corp 6%s ctfs '43 Alliance Power 1st 6s 1952. M&S Alliance Pub Ser(Ohio)5s '57 M&S Altoona & Logan Val Elec Ry— 1st coll 4s Jan 1 1954 J&J Amarillo Gag 6s.. 1939 Amer Commonwealths Power __ Atlantic City Electric— Gen mtge 3%s 1964 55 50% 97% 105% 106 104 105 102% 94% 100% 103% 99 j 98% . Ask J&J J&J 105 82 J&J 80 82 Atlantic City Sewerage— 1st s f 6s ser A 1956 J&D Atlantic Co Wat 5s '58 ser A M&S 106 108 Atlantic City Gas 5s 1960 1st lien & ref 5s 1957 101% 101 106% 83 102% A&O 8% 100% 1st 5s 1941 75 - — 22% Deb 4s series A 1975 1975——J&J 1975J&J Bangor Gas Light 5s 1941 A&O Deb 5s series A Deb g 68 1952 ser A......F&A Deb g 5%s 1953 M&N Oonv deb 6s 1940 M&S Am Community Power— 26 Deb 5s series B _ Barstow J&J (W S) deb 6s 1942—A&O Amer Elec Pow deb 6s '57 M&S15 Amer & Foreign Power Co— 13 16 Bear Mt Hud Riv 3dge Co— 1st 7s 1953— A&O S f income 8s 1953 A&O Deb g 5s 2030 M&S Amer Fuel & Pow 7s 1934 J&J Amer G & E deb 5s 2028... M&N Am Gas & Pow deb 3-5g '53. F&A Secured deb 3.6-6s 1953 J&D Am Pow & L deb 6s 2016—-M&S Amer Rys Corp coll 4 %s '53. A&O 55 56% 10 12 Debenture 4%s 1963 A&O Amer States Public Serv— 1st 1 5His 1948 ser A M&N i>eb 6s 1938. ..._J&D Amer Telep & Teleg— Deb 5%s Nov 1 1943 M&N 25-year deb 3%s 1961.1..A&O 30-year deb 3%s 1966 J&D American Toll Bridge— 108% 108% 22% 26% 90 110% 85 F&A 5%s series D, 1945 93 Anchorage Lt & Pow 7-5a'43 F&A Androscoggin & Kennebec Rylst 6s 1940... 105 89 90 Collateral s f 5s 1973 A&O Beaver Valley Trac 5s 1950.A&O 59% 61% Beaver Valley Water 5s '60.M&N 103 47 50 Bell Telephone of Canada— 1st g 5s 1955 ser A 86 111 "32 108 _ — — * 111% 108% 108 103 77% 103 97 103% 79 105 98' 69% 43 37 39 f 6s ser A&O A 1953 Ashi'd Home Tel 4 %s A 1961 A&O Ashtabula Wat Wks 5s 1958.A&0 Assoc Elect 4%s 108% 109 106 106% 122 125 98 99 100 55 56% 58 60 104% 103% 104% 99 104 106 105 105 100% 104% 97 95 102 103 J&J 53% J&J 58 Associated Gas & Elec Co— Oonv deb 5%s 1977 F&A 1953.. 1961 Conv deb 5s 1965 Oonv deb 5s 1950 Oonv deb 4 %s 1949 M&N ..F&A J&J M&S Conv deb 4 %s 1948 Cons ref deb 5s 1968.—..A&O Cons ref deb 4 %s 1958—.M&N S f inc deb 5 %s A 1983 F&A S f Inc deb 5s B 1983 M&S 54% 60% 54 39% 42" 43 38 39 38 39 39% 40 34 37 33 32 S f inc deb 5-6s B 1986—.M&S S f inc deb 4 %-5 %s C '86.M&N S f inc deb 4-5s D 1986—.M&S 32 Conv A 5s 2002 Conv A 6s 2002.... Q-F Q-M Oonv A 7s 2002 Q-F Associated Gas & Elec Corp— ..M&S 8s ex-warrants 1940 Conv deb 5%s 1973 F&A Conv deb 5s 1973 J&D Oonv deb 4%s 1973—J&D 1973 —.M&S Income deb 4%s 1978 Income deb 4s 1978 F&A A&O Income deb 3%s 1978 Income deb 3%s 1978 M&N M&S Assoc General Utilities— Income debs w w 5s 1956.M&N Income deb 4s 1961......M&N Associated Pub Utilities Corp— 1st lien 5s 1947 ser A _J&J Deb 6s series A 1958 ..M&N Associated Telep Co Ltd— 1st M 4s series B 1965 J&J Associated Telep & Teleg Oo— A&O J&J Bergen Turnpike 5s 1951 Berkshire Street Ry— 1st, extend 6s 1947 J&D Berlin City Elect 6%s 1951.-J&D Sink fund deb 6%s 1959.-F&A Deb 6s Apr 1,1955 —A&O Berlin Elec Elev & Underg 1st mtges f 6%s 1956 Biddeford & Saco Water— 4s series O 1956 A&O f F&A 33 33 31 30 8 Z* Z^ 8 7% 8% 95 71 65 97 74 67 58 60 57 60 35% 32% 29% 28% 33% 30% 37 29% 55 50 70 71 58 61 107% 108% 77% 78% 109 123 109% 123% 125 117% 131 120% 131% 102% 70 75 37 44 26% 26% 30 28 20 24 25 103 J&D 1st mtge 5s 1957 ser C F&A Blackstone Val Gas & Elec— M & colltr 4s ser C *65 M&N 104 96 100 105 5s 1954 ser B Mtge&Coll tr 3%sser D'68 J&D Bleecker St&FulFy-See NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940 M&N Boise Gas Light & Coke Co— Conv 5s 1957 *45.A&O ..M&N J&D M&S West End St 5s 1944 7s Sept 1947—. 86 80 105 Canadian Utilities Ltd— 1st mtge 5s ser A 1955 Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 J&D M&S F&A 111 100% 1st mtge 3%s ser A 1968.-J&D 3%% ser debs 1939-1943-.J&D 61.50 to 63.50 to 4% serial debs 1944-1948.-J&D 88% Cent Indiana Gas 5s 1957 M&S Central Indiana Power 1st & ref 5s 1954 ser A M&S Coll trust 3s 1939 Coll trust 3s 1940 M&N M&N Coll trust 3s 1941 M&N Coll tr series 3%s 1942...M&N Coll trust ser 3%s 1943 M&N ser Coll trust ser 95 106 60 55 77 74 74 75% 75% 7.5% 75% 75% 75% 75% 74 75% 74 75% 50 74 3%s 1945.-M&N Coll trust ser 3%s 1946.-M&N Coll trust ser 3%s 1947—M&N Coll trust ser 3%s 1948--M&N Coll trust ser 3%s 1949--M&N Coll trust ser 3%s 1950.-M&N Coll trust series 3 %s 1951.M&N Brooklyn City & Newtown RR— 5s 1939 J&J Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July '41 (stp) M&N Bklyn Un Elev 5s 1950—-F&A Kings Co El 1st 4s 1949 F&A Nassau Elec 1st g 4s 1951. -J&J Bklyn Un Elev—See BklynQueens Bklyn Un Gas 1st cons5sg'45M&N 1st lien & ref 6s '47 ser A M&N lstl ien & ref 5s ser B 1957 M&N Deb 5s 1950 _.J&D 74 M&S 38 Gen & ref 4%s 1981 Buffalo Niagara Electric— 74 Oonv deb 6s 1941 — Certificates of deposit « Oonv deb 5%s 1944 ser O.M&N Certificates of deposit 38 38 Certificates of — 107% 1942..F&A 101 Called April 1 at 103. F&A 105 gold J Called June 1 41% 40% 65 66 47 50 2 4 13% 106 105% 103 Gen & adj 5s 1952 Coll trust 5s notes 1942 M&S M&S / —■ 75 - 45 75 M&S 1st & ref g 5s 1956 op 80 39 45 86% 86% 39% 88% 41% 107% 108 106 106% 99% 83% 112^ 100 *16-M&N 99% Chatt Rys 1st cons 5s '58.M&N Chester Water Service Co— 104% 1st 4%s 1958 series A....M&S Chic Aurora & Elgin RR— 1st & ref 6s 1951 4 .J&J / Chicago City & Connecting Ry Coll tr s f g 5s Jan 1,1927-A&O / 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&O / Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt red and pay Aug 1, 1938—F&A Certificates of deposit Cons M 5s ff A Feb '27--A&O / ser Series B Feb, 1927-—J&D / Chicago Rapid Transit Oo— 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— 1st cum inc 5s 1937 ..J&J / 109 100% 100% J&D 101 110 1st mtge 3%s 1966 F&A 1st mtge 3 %s 1967 J&D Cin Newport & Cov L & T— 1st ref 6s 1947 series A ..J&J 118 . —- 5 6% 6 46 47 3 ? 1% 1 45% 7% 3% 5% 5% 5% 5% % % 47% 46% 8% 4 6% 6% il 1 1 Cincinnati Gas & Electric— Cincinnati Street Ry— Buff & Niag Falls El L & Power— 1st gold 5s 1942 F&A Buffalo Traction— See International Ry Butler Water 5s 1957 A.....A&O Butte El & P 1st s f 5s 1951 J&D - at 71 39% 5s 1999.....M&S J&D J&D Burlington (Vt) G L 5s 1955—J&J 104 e\ 40 Charleston Cons Ry Gas & El 77% 50% 112 1% 2% 85" Chattanooga Ry & Light— 95 81% 1% a% 74% 3%s deb O 1948-1952 104 ♦ . 86" 100% s 2s deb A 1939-1942 3s deb B 1943-1947 104 Gen mtge 4%s 1955 M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atl Beach Bridge 6 %s Corp— Gen&refM3%sserO '67-J&D A&O jf 124 deposit. / 124 2-yr 6 % notes 1933 Athens (Ga) Ry & Electric— 1st & ref s f g 5s 1950 J&J Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947 J&D _ 102% 84% 100% 5%s 1956 Buffalo General Electric— 38 74 74 109 101 Cent Vermont Public Serv Corp 1st mtge 3%s ser B 1966..F&A Central West Public Service— 55 M&N 3%s 1944 38 32 108% 102% J&J Deb 5%s 1954 —M&S 15 Cent States Pow & Lt Corp— 1st M & 1st lien 5 %s 1953.J&J Debenture 5s 1944 J&J 73% 74 108% 103% 103% 103 Central States Edison, Inc— 1st coll inc 3-5s 1950—M&S f Consol 73% 99% 81% 74% 99 101% J&J Charleston Transit Oo— 1st 5s 1942 108% 100% 103 1st & gen M 3 %s ser H *66.F&A 1st & gen M 3 % -ser J- 1968J&D Cent Mexico Lt & Pow 107 92 . 3.25% 4.00% 90% 98 / / 104 - 101 Central States Elec Corp— Conv deb 5s 1948.. 101% - Co— 1 st & ref 6s 1947 ser A J&J Central Kansas Pr 6s 1946-.M&S Central Maine Power— 1st & gen 4s ser G 1960 A&O 106 100% • 104% 105% 104 Conv deb 5%s '49 ....... F&A / Cent Public Util. (ws)inc5%s_ 1952 f J&D J&D 38 38 3%s 1965 94 British Colum Tel 5s 1960 1st 4%s series B 1961 Broad River Power Co— ?°* 104 1st & ref 6s 1952... ..J&D Cent Illinois Light 3%s '66—A&O Central Tilings Public Service— 102% 108% 110% 1st & ref Cent Ills Elec & Gas Co— 1st & ref 5s 1951 46 19% 97 95% 103 Central Elec of N J 5s 1940.-J&J 101% Cent El & Tel 1st 5s scr A '55 J&J 78% Central Gas & Elec 6s 1946-M&S 72% First lien coll tr 5%s '46—J&D Central German Pow 6s '34-J&D / 26 92 116 85% 104% 115% 114 Cent Pub Serv 120 Coll trust 82 104% 1956.-A&O Cent Pow 1st 5s 1957, ser D.J&J Cent Pow & Lt 1st 5s 1956.-F&A 107% 110% 92 102 105 98 106% 109% 109% 105 100% Capital Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D 1st sf 6s 1940 109% 49 90 M&S Canadian West Telep 5 %s *56J&J Cape & Vine'd El 4s A '65...J&J Central N Y Power Corp— Gen mtge 3 %s 1962 A&O Cent Ohio L & P 1st 5s 1950. A&O Conv sec 4 %s 1940 J&D 111 M&S Brandenburg (Germany) El Pr— Extl 1st s f 6s 1953 M&N Bridgeport Gas Lt 4s 1952..J&J Brith Colura Pow 4 %s 1960.M&S 1955 ser A M&N Assoc Telep Util deb 5s 1942A&0 Certificates of deposit Deb 5%s 1$27 F&A / lst4%s 1960. A&O *103 Camden & Sub Ry—See P S Corp 104% Canada Nor Pow coll 5s '53. M&N 101% Canadian L & P 5s '49 op '14 J&J Canadian Rail & Harbor— Term 6%s 1951 M&S / 64 44 _ Bolivian Power 8s ser A Boston Elevated Ry— 96% 85% prin paid) 104% Camden & Rockland Water— 103% 104 m 1st (35% 103% 103% Cedar Rap Mfg & P 5s *53...J&J Cent Ark Pub Serv Corp— 1 st & coll tr 5s 1948 ser A..F&A 123% Birmingham Elec 4%s 1968.M&S Birmingham Gas 1st 5s '59.M&N 6% notes extended 1938—A&O Birmingham Water Works Colst m 5%s 1954 ser A A&O 1st 98% 107% M&N 63.00% Carolina P & L 1st 5s 2 Rys— Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967.F&A Bklyn City RR 1st 5s 1941—J&J Brooklyn Edison Co— Consol mtge 3%s 1966 M&N Bklyn-Manhattan Transit Corp Coll trust 4%s 1966 M&N 34 S fine deb 4 %s G 1983—.M&S S f inc deb 4s D 1983. M&S S f inc deb 5%-6 %s A1986 F&A Oonv deb 4s 1st mtge 5s 1960 ser O M&N Bell Telep Co of Pennsylvania— 1st & ref 5s 1948 ser B J&J 1st & ref 5s 1960 ser G A&O Bellows Falls Hydro-Elec Corp— Deb g 4%s Nov 1, 1941 Deb g 5s Dec 1942. 51 5s Jan 1 M&S _J&D 1st g 5s 1957 ser B. 5 41 1960 A&O Arizona Power 5s 1950 F&A 1st & ref 4%s 1950 F&A Ark Louisiana Gas 4s 1951.-J&J Arkansas & Missouri Power Corp 5s series A 1957 J&J Arkansas P & L 1st 5s 1956.A&O Arkansas Western Gas Co— 100% 100% Beauharnois Power— 47 M&S Income 6s 99% 99% 42 Androscoggin W Pow 6s *45.F&A Appalachian Elec Power— 1st mtge 4s 1963. F&A S f deb 4%s 1948 F&A Appalachian Power 6s 2024.-J&J Ardmore St Ry—See Phila Co Arizona Ed 1st 5s 1948 J&J 1st Os 1945 A&O Income 5s 1960 J&J 105% 62 41 Ana&Pot R RR-See WashRy&El s .J&J 104% 46 1st mtge 5s 1958 Amer Util Service 6s 1964..M&N Amer Water Works & Electric Deb 6p 1975 ser A. M&N Deb 5s 1975 ser B J&D 1st J&J 2d mtge 5s 1978 5s conv notes 1978- 102 97% 106% Serial notes 1939-1946. Beauharnois Lt Heat & Pow— 6%s Certificates of deposit 1953 104% 100 Calif Water & Telephone— 1st mtge 5s 1965 M&S Calumet G & E 5%s B 1960.J&J Calumet & South Chicago Ry— 86 Bangor Hydro Electric— 1st mtge 3%s 1966 104 102 Calgary Power 1st 5s 1960--A&O 1st s f 5s 1964 J&D California-Oregon Power— Deb gold 5%s 1942 A&O 1st mtge 4s 1966 A&O Calif Water Serv 4s B 1961-M&N 103% 104% J&J ■ Ask 59 2%-2%-3%-3 %-4-4%% M&N 1st 5s 1946 Baltimore Transit Co— 73 99 Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry Avalon Telep Ltd 4%s '58.-A&O Baltimore County Water & Elec Bid Bonds Cairo Bridge 1st inc 6 %s '58.J&J f „ ^ 95 100" 70 Bid Bonds Ask 105. 6 Basis. - Chippewa Power 6s 1947—-J&D 105% 1st 115 1st 6s 1955 ser B_ /This price includes accrued interest, m 6%s ser k Last sale, A 1952 n Nominal. A&O A&O 6 6% 106 107 109% 111% 110 82 84 70 79 80% 84% 74 PUBLIC NOTICE—All UTILITY BONDS bond prices are "and interest" except where marked "f" and income and defaulted bonds securities are as near as possible for the closing day of the month preceding the date of issue Quotations for all Bonds Bid Ask Bonds 81 92 72 fJonsum's Water 1st 6s A *46 M&N Deb 5 M» series A 1970 A&O Oontin Gas & El deb 5b 1958 F&A 87 71M 71M 71M 72 M 70 75 88 M 3 89 Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ms 1953 with war M&N Eauit G & E Utica 5s 1942.A&0 Erie Co Electric 6s 1959 Erie Rys—1st 6s 1954 80 M M Citizens Ask 77 M 81M 81M Bid Bonds Cities Serv deb 5s Jan 1966-M&S Deb g 5s Apr 1958 A&O Deb g 5s 1963 M&N Deb 5s 1969 M&S Oonv deb 5s 1950 J&D Cities Service Power & Light— Deb 5Ms 1952 M&N Deb 5Ms 1949 J&D Independent 80 M 73 M 73 Continental Pub Serv 6s *40. J&D 73 Continental Telephone 1st mtge s f 4 Jis ser A 103 *61--J&J Citizens Utilities Co— Income notes 3s 1955 Crescent Public Service Co— Coll inc 6s B Oct 1 1954—J&D , F&A / 36 34 65 1st coll 4-5 Ms 1948 A&O Citizens Water (Scottdale)— 58 1st 5s series A 1953 J&J Citizens Water (Washington, Pa") 102 5Ms series A 1951 J&J 6s series B 1951 J&J z 102 City Gas & Elec 1st 6 Ms '51.J&J / 73 City Light & Traction (Sedalia, 84 Mo) 1st s f 5s 1952 J&D City & Sub PS—See Un RyB of St L City & Sub Ry—See Wash Ry & El City of New Castle Water— 5s 1941101M -J&D Cuban Telep 101M 105M 1st M 5s 1954 series B J&D 1st M 5s 1957 series O—-M&N 67 62 - - - - - - - 46 97 1st 5s ser A 1958 M&S Cleveland Elec Ilium— Gen mtge 3 Ms July 1, '65.J&J Cleveland Ry 1st 5s A 1945-M&S 102 M&S / 1st s f 4s series B 1965 Colonial Util 5 Ms 1958 6s 1940. M&S 109 J&D 42 1 109M 44 38 f 1942 Colorado Cent Pow 5 Ms '46-J&D Colorado Power 1st 5s '53--M&N Colo Utilities 1st 5Ms 1958.M&S Columbia Gas & Elec Corp— Deb g 5s 1952 M&N Deb g 5s 1952 A&O 15 Deb 5s Jan 15, 1961 J&J 15 Columbia River Longview Bridge II" 9 105 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1954 ser B—M&N Columbus Ry Pow & Light— lBt mtge & colltr 4s 1965.M&N 101M 1st mtge 3 Ms ser I 1968-.J&D Conv debenture 3M« 1958-J&J 3 Ms additional 1958 J&J Com'w'lth El 5s June 1 "43-M&S 101 101M 108M 108M 106M 108 M 109M 109M 107 M 107 109M 109M 109M 108M 114 25 81M 100M Community Water Service Co— Deb g 6s 1946 ser A J&D Deb g 5Ms 1946 ser B.__M&S 73 67 M 39 45 50 Conn Ry & Lt 4Ms 1951...J&J Stamped guaranteed opt. .J&J Conn Rlv Pow 3Ms ser Ar61 F&A Oonnellsv Wat 5s Oct 2 '39 A&O Consolidated Cities L P & Tr— 1st lien 5s 1962 stamped. _J&J Edison Co of N Y— Consol Debenture 3 Ms 1946 A&O Debenture 3 Ms 1948 A&O Debenture 3Ms 1956 —A&O 20-year 3Ms debs 1958...J&J Consol Electric & GasColl 6s ser A Aug 11962.-M&N 6s series B 1962 F&A Collateral 6s 1957 F&A Consol Gas of Bait 5s 1939.-J&J Gen g 4 Ms Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3 Ms 1971—J&D Consol Gas Utilities Co— 6s unstamped 1943 6s stamped 1943 ser 75 129M 111 M 108M 108M 115 M llOM 100M D.F&A Bridge— F&A f / Florida Fontana 2d 106" 55" 109 M 107M 86 88 17M 18M M&S J w s M&S15/ Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948.-J&J Duquesne Trac—See Phila Co 112 Durham Pub Ser 7s A '49.-A&O Durham Trac 1st 5s 1941...M&S East Coast Pub Serv 4s 1948 F&A East Jersey St Ry 5s 1944..M&N Kootenay Pow 1st 7s '42.A&0 6 J&D / 88 10 102 M 69" 102 18 m J&J 4Ms 1948 A Eastern Michigan Rys— i 1st mtge colltr 7s 1958 J&J7 Adjt 6s due July 1958 A&O / Eastern Minn Pow 5Ms 1951 M&S Eastern Oregon Light & Power— 90 - ;_M&S 5s series B 1953 J&J 62 M 101 80 85 M 84 M 92 M 90 106M 107 SA 106M 106M 106M 106M 47 M 47 M 49 M 47 50 M 48 100M 126M 102 110M 111M 61 _J&D 62 128M 63 M 108M 105 M 64 1st m 1947ser A 5Ms 69 1M M&S 72 2M 71 99 111 102 102 75 Elmira Water, Light & RR— m 111M J&J 100 103 M M&S 5s 1950 ser A 5s 1952 102 102 M 107 108M Empire Gas & Electric Co- * Called Sept. 1 at 105. t Called April 26, 1939, at 105. Nominal, x Called April 10 at 102. 6 Basis, / 35 tr 6M8 94 M A'56.A&0 ser 86 91 92 120 103 102M 66 104M 102M 68 96 100 27 Grand Rapids Gas L 5s '39.F&A Grand Rapids Ry 1st 7s '39.M&N Great Cons Elec Pow (Japan)— 1st M 7b 1944 F&A 6M8 1950 85 oooo 1st mtge & coll 6 Ms C55-A&0 General Water Wks & El Corp— 1st lien & col 58 1943 ser A. J&D Georgetown Gas Lt 1st 5s'61 F&A Ga-Caro Pow 1st s f 5s '52--J&J gen 95 M 100 J&J 101 14 75 79 J&J Great Lakes Power Ltd— 1st s f 4 Ms 1956 Great Lakes Utilities Co— M&S 99 109 Green Bay & Miss Canal— 1st & ref 4 Ms 1953 103 M Mountain Power 61 M&S Corp— J&D 102M J&D 695 M to Greenwich Wat & Gas System— Col tr 5s 1952 series A A&O Col tr 5s 1952 series B A&O Guilford-Chester Water5s '39 J&J 100 104 100M 99 M 1st mtge 6s 1945 Gulf States Utilities Co— 67 100 .A&O 1st M & ref 4s ser C 1966—A&O 1st & ref 4s C 1966 (new).A&O 108M 108M Hackensack Wat 4s'52 op'12 J&J J 105 M Extl g s f deb 7s Elec Co— 1935—-M&N / Hamburg (Germany) ElevUndergound & St Rys 5Ms'38—J&D Hamilton Gas 6 Ms Aw w '37 J&D Harrisburg Gas 5s 1970 M&N Havana Elec Ry 5s 1952 F&A 5Ms(Sept'31 coup on)*51-M&S Hempstead & Oyster Bay— Water 6% July 1 serially 21 17M 54 / / 107 / / 43 M 97 Hest Man & Fair Pass Ry—See P hil It T 29 Holyoko Street Ry inc 5s Home Tel & Tel (Ft Wayne;— 1st 6s series A 1943 J&J 105M 1st 5 Ms series B 1955A&O 105M Hoosac Valley Street Ry— Empire District Elec Co— m 104M 101M J&D — 110M El Co— 1st & ref 126 J&D General Public Service Corp— Conv deb 5s 1953 J&J Hamburg (Germany) 110M (N Y)—See N Y G Edison Sault Elec4Ms. 1961 A&O 101 Electric Ferries 7s (w-s) '41-A&O 99 Elec & Peoples. See Phila R T Electric Pow Corp (Germany)— 1st s f 6 Ms 1950 M&S / 20 1st sink fund 6 Ms 1953—A&O / 20 Electric P & L Deb 5s 2030.F&A 74 M Eliz Plainf & Cent J) See 1st 97 M 123M 1.1954— ——M&N 103 M 104 & Raritan RivlPublic Serv Eliz & Trenton RR J Corp 108M 109M 109M 105M 99 Gas Co of New Mex 6 Ms '44 M&S Gas & El of Bergen Co 5s *49-J&D 102M Edison Elec Ilium of Boston— 3 Ms 1st M s f July 1. '65.J&J M&S 98 M 27 23 Gulf Public Service Co— Edison El 111 5s 1956 97 Gulf Coast Water 1st 5s '48-F&A Gulf Power 1st 5s 1968 A&O 116 con g 89 A&O Gandy Bridge (Tampa)— 1st mtge s f 5 Ms 1957 Gary Electric & Gas Co— 100 Easton Consol El 5s 1949 —M&N Economy Lt & Pr (111) 5s '56. J&D Paso 1.25% 1.75% 2.00% 60 Ry— A&O / 100M 103 1st & 2.00 2.40 2.50 M&S 1957 99 M 99 1st M & 1st lien 5s 1955 B M&S El f 6s 4Ms notes 1940-1953 Eliz 24 M s 1st & ref M 3Ms 1963 Eastern Shore Pub Service Co— 106 107 1st Green 92 M 100 70 77" 1st lien coll tr 5Ms 1942..M&N Great Northern Power— 1st 58 stamped 1950 F&A 101 Ref m 5s 1948 B ...J&J Ref 6s Jan 1948ser C—M&S 15 Ref 6s series D Jan 1 1948.A&O Ref 6s series E Jan 1 1948.A&Q, 95 99 Fullerton-Portsmouth Bridge— Galveston-Houston Elec 1st M s f g 5s 1954 opt 1st & 96 62 89 M 73 Atlanta Northern Ry Co— 1st guar 5s 1954 op 1990-J&J Gesfurel 6s 1953 x w J&D 69 101 65 98 87 M J&J 1935—J&J 6s 94 M 98 M 97 Georgia Power 1st 5s 1967—M&S Georgia Power & Light Co— 1st mtge 5s 1978 J&D Georgia Ry & Electric— Atlanta Cons St 5s 1939..J&J 21 101M 93 M Equip trust 4Mb to 1941—F&A Equip trust 4Ms to 1943—M&S Equip trust 4s to 1946—-M&S 1st M coll 1 1956.M&S Ref Wat Conv deb 5Ms 1939 General Public Utilities— Fuel Assoc— & coll tr 4s A m Un 72 % 97 J&J General Gas & Electric Corp— Scrip 4s due 1942 M Eastern Iowa Pow 6 Ms 1943.M&S Eastern Lt & Pow s f 5s 1964 M&N Eastern Mass Street Ry Co— 1st 1954 87 70 M Telep 1st 6s 1945—A&O 6s Gatineau Pow 1st 5s 1956 S f debenture 5s 1949 6M 65 86 1st lien coll 5s x-w 1944 J&J 5s with warrants 1944.-J&J 96 M 85 8 -J&J / Gary Rys Co 6 Ms ser A 1945 F&A / Gary Street Ry 1st 5s 1937.-A&O f 92 M Dumbarton B'ge 6Ms to '49-J&J) Duquesne Gas Corp— „ 96 M 25 Fruit Growers' Express— 21 Gen & ref 6s ser A 1952.-J&D 109M 108 107% 5 5 103 Federal Water Service Corp— Conv deb 5 Ms 1954— M&N Federated Utilities Inc— 1st lien col tr 5Ms 1957—M&S Florida Power Corp— 1st mtge 4s series O 1966—J&D Florida Public Service Co— 1st 4s series C 1955 106M 106M 111M 111 M 111M 101M 1st lien g 6s 1942 stpd—M&S Pass Ry 5s Mayl 1942 % 100 Sinking una debs 5s 1946.J&D Florida Pow & Lt 1st 5s '54.-J&J 91M Empire Gas & Elec and Empire Coke jt 1st & ref 5s'41 opt-M&S n 71M 101 M&S Debenture 6s 1954 ser B._ J&D Fed'l Pow & Lt 6s Nov 1,1965— / Federal St & Pleasant Valley _ 20-yr s f 6 Ms 1948A&O / Duluth-Superior Transit— 5 Ms series A 1951 A. .J&D M&N 106M Dominion Gas & El 6 Ms '45.J&J Dortmund Munic Util (Germany) 109M 110 Corp 6% notes, 1940 95 A&O Consol Hydro-Elec Wks of Upper Wuerttemburg 1st 7s *56-J&J / 20 M Consumers Power Co— 1st mtge 3 Ms 1965 M&N 109M 1st mtge 3 Ms 1965 M&N 1st mtge 3 Ms 1967. M&N 109M 1st mtge 3Ms 1970 M&N 1st mtge 3 Ms 1966 International Eastern Gas & Stamped 107 % 93 131 126M 111M 108M 87 M 90 M 89 68 M 38 1st & coll trust 5s 1956—J&J ser F&A Certificates of deposit \f Det & Pt Huron Shore Line— 1st gold 5s 1950 J&J1/ Dom Elec Pow 5Ms 1955...M&S E. Erie Ltg 1st m 5s 1967 Erie & Suburban 12 Ry 5s 1941 A&O f Fall River El Lt 3 Ms 1968—M&N 104 Gen 5s Nov East Prussian Pow 6s '53 Conestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J Connecticut Light & Power— 1st & ref s f 7s '51 ser A..M&N 1st & ref M 3Ms ser F '66.M&S 1st & ref M 3 Ms ser G '66.J&D 25-year deb 3Ms 1956—M&S Connecticut Power— M&N lstconv6sctfs. 1945 84 M 104M 108M 105 M 43 110 130 M J&J A&O / 17 M 107 H A&O Federal Light & Traction— 1st 5s (Amer series) 1942.M&S 1st 5s (Internat ser) 1942—M&S 107 M 95 5s. 1966 1st 5s 1953 41 9 7 53 1st Detroit Edison— Gen & ref 4 Ms 1961 1st mtge 8 f 6Ms 1952 Certificates of deposit S f deb g 7s 1952 80 M 1957. M&S Community Pub Ser 5s I960-J&J dl0013»2 1st mtge. 4s 1964 M&S 100M 76 50 45 45 3M 3M Detroit 5s 73 Certificates of deposit / Conv s f deb 6Ms 1948. --M&N f Certificates of deposit f 105 & Light Co— 5s Jan 1 1949 / Gen & ref 5s 1950 ser A J&J Dew Moines Ry 1st inc 5s Jan 1 '55 f Detroit & Canada Tunnel— 1st mtge s f 6s 1953. M&N / 106 . Community Teleph J&J J&J J&J 1969 4 Ms 1969 Gen &ref M 4s ser F 1965-A&O Gen & ref M 3 Ms ser G '66M&S Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948. / 38 Non-cum inc deb 6s (x s) 1948- / 23 Commonwealth Light & Power—■ Ref & unif 7s 1962—_ J&J / 4 Com'w'lth Tel (Pa) 5Ms '45 M&N 83 M Com'w'lth Tel (Wis) 4s serA 1M&S 103 M Col M 4Ms 1971 Stamped as to Pa tax Denver Tramway Corp— 101M 100M 101M Commonwealth-Edison Co— 1st M 4s 1981 ser F M&S 1st M 3 Ms ser H 1965—-A&O 95 M 5s 1951 Delaware Vail Util 6s 1952.M&N Denv Gas & El 1st g 5s '49.-M&N 1st & ref 5s 1951. M&N 43 M 6Ms stamped 1953-A&O f Columbus (Ga) Elec & Power— Community Power M 1st mtge g 106 42 84 105 109M F&A Dallas Ry & Ter 1st 6s 1951 .J&J 68 H 106 Danbury & Beth Gas 6s 1948 F&A 38 M Danville Tr & Pow 1st 5s '41 .J&J Darby Med & Ches Ry—See Phila R Tran 45 Darby & Yeadon 4 Ms Dawson Ry & Coal 5s 1951—J&J 102 Dayton Power & Light— 1st & ref M 3Ms 1960—A&O 102M Delaware Electric Power Co— Deb 5 Ms 1959 107M J&J Delaware Power & Light Co— 1st 109M 102 M Ry & Light— Gen & con 5s 1954 Coast Cos Gas & Elec— 6s conv 1st mtge g 4 Ms 109M 98 Dallas Power & Light— 1st mtge 3Ms 1967— Clarksbury-Columbus Short Route Bdge 6 Ms '52. J&D / Clear Springs Water Serv— 96 83 94 88 M J&J 1st lien & ref 7 Ms 1941.-M&S 107 M Cumberland Co (Me) Pow & Lt— 1st mtge 3Ms 1966 105M A&O Cumberland Gas 6s w-s 1948M&N / 30 Cumberland Valley Telephone— 1st mtge 5s 1966 101 J&J City Water (Chattanooga)— CI eve South w Telep 5s 1953--F&A Cooper RivBri'gemc 1st 6s'58M&N Copper Dist Pow 4 Ms 1956--J&D County Gas of Dallas 5s '46 A&O County Gas (N J) 5s Jan 1 ,1952. Bid 1st ext 6s June 1 1947—M&S / 12M Houston Elec 1st 6s B 1950.J&D 99 M Houston Gas Securs 5s 1952-M&S 100 M Houston Gulf Gas— 1st M & col 6s 1943 Deb 6Ms 1943 with A.A&O war..A&O ser 103M 102 M 102 M d Called May 13 at 100. / This price includes accrued interest. * Last sale, NOTICE—AH bond prices are Bid Bonds where marked "f" and income and defaulted bonds possible for th« closing day of the month preceding the date of issue "and interest" except Quotations for all securities are Houston as near as Ask Light & Power 107K Hunt'g'n Wat 1st M 6s '54A M&S 1st M 5s 1954 ser B M&S 1st 5s ser C 1962 A&O Hydro El Bond & Sh 5s 1957M&N Hydro El Corp (Va) 5s 1958.J&D Hydro Elec Power Commission (Ontario) 3 Kb 1943 J&J 4%b due Jan 1. 1970 J&J 3 Ms 1947 A&O 2 Ms 1942 A&O Hydro-Elec Co (Italy)—. 1952 M&. r 101 101K 104K 99 98 25-yr 125% Italian s f 5Ms 1953 ser A—M& Superpower Corp— Ao *63 /•arU.hmifc warrl.Js 64 r 39 95 45% IK 47 43 45 / Bridge Corp— 120 103 101M if 104M 102" 107 M 109 1HM 112 101 1st & ref 5s 1947 ser B 1st M 4 Ms 1961 ser C Jer City Hob & Pat—See F& 104% 106% i -J& P 8 Ooi 102 100 60 101M Johnstown Traction 4s 100 88 77 M 99 M 101 1st M 6Ms 1953 series B—F&A 1st M 5s 1951 series C M&S Indiana Gas Utilities 5s 1946.J&J 100M 102 91 77 Indiana Hydro-Elec Power— 1st mtge 5s 1958 sar A M&N 92 80 90 M 109% Indiana & Mich El 5s 1957—F&A 1st & ref 5s 1955 M&S Indiana Pr 1st 7Ms *41 A .M&N Indiana Ry & Lt 1st 5s 1943.J&J Indiana Service Corp— M 93 104 r 9 )/ notes 94 100 62 65 72K 79 108M 3s serial notes 1939-1941—F&A 103 96 Ad 93 Fi 93 4s serial notes 1946-1948—F&A 57 J&J 104M J&J 99 J&J F&A , Certificates of deposit / Sinking fund deb 7s 1938.F&A / Inland Pow & L s f 6s '36 A.M&S / Coll tr s f 6s 1941 ser B—.M&N / Coll tr 6s 1957 ser O Deb s f 7s 1935 M& Keystone Telephone Co— 1st & ref 5Ks 1955 ser A..J& 1st 1 & ref 6s 1951 ser B—A& A&O f 106M 1st ref 98 54 M 54 M 10 Inland Telep 1st 6s 1948 A&O Interborough Rapid Transit— 89 90 1st & ref g 5s '66 op tax-ex.J&J Certificates of deposit 61 f f 6% notes 1932 —A " " Certificates of deposit Conv g 7% note 1932 M&S jf Certificates of deposit 1/ Intercontinents Power Co— I , 58 M 61 58 Debs A 6s 1948 ...J&D / International Hydro-Elec System 81 Deb 6sl957 M&S Debentures 6s 1955 J&J International Power Sec Corp— 6M% sec bonds 1955ser C J&D J La j Deb 48 78 f * 64 65 67 67 K 1958ser F—M&S F&A 1st M 5s 1961 .A&O Interstate Tel & Tel 5 Ms 1953J&J Investors Telephone 3s 1961.J&J J&J 4% notes to 1946 A&O Iowa El Lt & Pr 7s ser C '42.F&A J&D 6 9 101 103 88 K S9% 85 H 86 98% 52 97 M 90 10434 100 54 98 M 113% 10634 102% 107 Vs Iowa Pub Serv 1st 5s 1957..J&D 105 105M 96 97 M M&S M&S M&N J&J 1st & ref 5 Ms July 1 '50.M&N Deb 6s 1950 ser A M&N 104M 99 39 102 % 103 M 105M 101 100M UAiUlUl » / K 103 % 79 % 60 Conv deb 5; Lincoln Gas & ilec 5s 1941"—J&D UUV,1UX<11« I x 1753 109% 1st & ref 6s 1943 1st M 5s 1956. ... — M&s .J&D 26 30 40 — -- 98 97 K 93 K 98 K Middle States Util 6s A 1951 A&O 56 86 -J&J 5s ctfs of deposit 1935 Middlesex Elec Lt Pow 5s *55 J&J 18 124 J&J 80 Middlesex Water 5Ms 1957.A&0 Midland Util deb 6s 1938—m&s 107 102" 1950 — . — M&s 1st & ref 5s 1955 90 % Mississippi Power & Light— J&D 1st M 5s 1957 102K 60 101 103 K 100 J&D Mississippi Power Co— 100 81% 99 J4 105K M&N 1st & ref 5b 1955 1st & ref 4Kb 1978 102 39% ilwaukee Gas Light Co— 1st M 4Mb 1967 M&S Minneapolis Gas Light Co— 1st mtge 4s 1950 J&D Minnesota Nor Pr jt 6s 1944 A&O Minnesota Power & Light Co— Mississippi River Pow 5s '51-J&J Deb 5s May 1. 1947 M&N Missouri Edison 1st 5Kb '47 J&D 98 K 108% 102 95 Missouri Gas & Elec Service 106K 1st 4-5s 1956 A&O 84 40 J&D Long Island Lighting— 94 95 Secured g 6s 1945 J&J 82 84 Conv dob g 5 Ms '52 ser A.A&O 104 K 106 Long Island Water 5 Ms '55 M&N Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 98 95 1st & ref s f g 5s 1940 J&D 96 99 Los Angeles Ry 5s 1938..A&O 86K 1st ref s f 5s ser A 1948 A&O 84 86 1st ref s f 5s ser B 1950—A&O 96 99 Los Ang Trac 1st cons 5s '38. J&D Louisiana Pow & Light Co— 103 % 104K 1st mtge 5s 1957. J&D Louisville Gas & Elec Co (Ky)— 108% 109K 1st & ref M 3 Ms 1966—.M&S 120 Louisv Ltg 5s *5«f unstmpd—A&O Louisville Ry— 99 K 2d 4Mb 1940— M&S 74 General 5s 1950 ..F&A Lowell Gas Light— 102 K 103 K 1st mtge 434s ser A 1966.M&S Lower Austrian Hydro-Elec— 1st s f g 6Ms 1944 —-F&A fk 24% Mar. 16 Missouri Power & Light— 1st mtge3%s 1966 J&J 100 K Lower St Lawrence Power— 1st 8 f 5s ser A 1955 A&O Conv deb 4Kb 1946 A&O Montana Power— 1st & ref mtge 3%s 1966.-J&D 98% Long Beach Gas 1st 5s '56 _ 92 98 J&D Missouri Public Service Co— 1st s f 5s 1960 F&A Missouri * Called April 1 at 105. t Called April 5 at 102. Called May 15 at 103. y Called May 15 at 105. M&s 80 103 Missouri Val Pub Ser 6s '39 J&J 8 Mobile Gas Service Corp-— 1st 5s 1956 A&O 1st cum inc 9s ser A *56—A&O 86 72 Income 7s 1956 A&O Mob Lt & RR Cons g 5s '41.m&s Mohawk Valley ref 6s 1991 M&N 80 A&O 80 Debenture 6s 2031 Monmouth Cons Wat 5s '56. J&D 62 61 95 Monongahela Light & Pow Co— J&D 1st M 5s 1949. Monongahela Valley Water— 1st M 5Kb 1950 series A..J&J Monongahela West Penn Pub Ser 1st & gen mtge 4Kb Debenture 6s 1965 Montana-Dakota 1960.A&O A&O Ext 1st 5Kb-6 Kb 1944 Montana-Dakota Utilities— / This price includes accrued interest. conv deb fc Last sale. 118 102K 107 K 104 Power— Montreal Isl Pow 5Kb 1957 M&N Montreal Lt Ht & Pow Consol— & Basis. 106K Telephone— 4%s series O 1961 1939.-—J&J 1st & coll s f 3 K8 1956 F&A 1st & coll 3Ks 1963 J&J 1st & coll 3KB 1973 J&J 8 23 Bridge— Michigan Public Service Co— 1 st g 5s 1947 ser A A&O 3% x 11 26 Michigan Consolidated Gas— 98 1st mtge 4s 1963 M&s 4% notes 1939-1948 F&A & 101 % 89 105 101% ' ' 8 Middlesex & Somerset Trac— 21 100% 8 23 Middle West'n Telep 6s '43. Middle West Utilities—• .... 56 J&D Lexington Ry 1st 5s 1949 Lexington (Ky) Tel— s :nig£ Michigan Gas & Elec Co— 94 99 87 Metro Wat Sewer—See Fgn bds Metropolitan West Side "L"— 1st gold 4s 1938 F&A / Ext^n gold 4s 1938 J&J / Mexican El L 1st M g 5s '42. J&J 109 104 90 54 54 102 103 83 K 92 334s debs *53 F&A 30 Debenture 6s 1960. Iowa Southern Utilities— 1st & ref 5 Ms 1950 87 105% 103 % 106 110 5s 108 K Lone Star Gas 62% 45% 12 110 44 102 ser Deb 5s 1968 1st mtge 5 Ms 1959 102% 110M M&S 61 (w-s) Mar 1952. / Michigan Associated Telep Co— 106 1st mtge 4s ser A1968 M&N 55 Mien Fuel & Lt 6s A 1950... J&D / 72" Gidu-. 50 K A—M&N 1st 1 & ref 5s 1961 ser B...M&S Iowa Pow & Lt 1st 4 Ms 1958 M&S L iHt Lombard Elec Co (Italy)— 1st extl 7s 1952 ...J&D Iowa-Ill Telep 2-5Ks 1949—A&O Iowa-Nebraska Lt & Power— 1st lien & ref 5s '57 vjci» 10 60 A&O A Income deb 6s 44 9K 99M 31 M&N 54% 60 Interstate Rys 4s 1943 Interstate Telep Co— 1st mtge 48 ser E 1955 ou 83 35K ser ser Metropolitan Edison Co— 1st M 4 Ms 1968 ser D 48 99 37 11st & ref 6 1956 D J&D klst & ref 5sMs 1949 ser B—J&J f 7s 1957 Miami 102 1948. 53 62 s 103 Lewiston Gas Lt 3 Ms C '5Q-±*^' 44 K 3-5s series B 1945 Mex Lt & Pow 1st 5s '40 41 X Leipzig Overland Power— S f mtge 6Ms 1946..—R F&A Iowa Electric Co— 1st 4s ser A 1961 JO Crosse Telep 5 Ms ir>l 46 Int-State Bridge 4-6 Ms '50 M&N Interstate Gas & El 6s 1951. ^ J&D Interstate Power 1st 5s 1957.J&J Deb gold 6s 1952 J&J Interstate P S (Ark) 6s 1940 M&S / Interstate Pub Serv Co— 1st & ref 4Ms OCU 8134 J&J 5s 1955 HUG'S Dist Pow— 1st mtge 3 Ms ser A 196664" Lancaster Co Ry & Lt 5s 19 61 [Lehigh Power Securities— [ Deb g 6s 2026 ser A—— 1M Lehigh Valley Transit— F&A Deb g 4 Ms 1952 CU11 U» 100 A&O Ann April / 108 82" Lake Superior J&J] 5 Sec 7s 1957 ser E Sec 78 1952 ser F r 97 K 99 K 42 juatvu 46 K 49 K International Railway (Buffalo)Buff Trac 1st 5s 1948 J&D Internat Ry ref 5s '62 op.M&N International Telep & Teleg— Memphis Street Ry— 3-5s series A1945.. f._F&A Mexican Utilities 7s 1939—A&O 10 97 M 92 M M&N Metrop Edison Corp 6s '61-M&s 1 6s 50 M 1st & ref 4Ms 1978 ser C..A&0 1st M 4s 1971 ser E 1st mtge 48 ser G 1965 100 52 63 96 K 101 44 Ry (San Francisco)— 105 53 100 .i 9l" 105K 1951 5s Debentures 34 M 39" ser 1st 8 f 7s 1940 ser A Q Jan Maryland Light & Power— 1st M 5Ms 1950 ser Ax J&J Maysvllle P Serv 5 Ms A 1942A&O Memphis Power & Light Co— 1st & ref 5s 1948 ser A J&J 1st 100 63 J&D f 108 103 6-4 Ms 102% 105% 634? 1954 12M 1834 1834 1834 17M 17M 17K 1st 100 Meridionals Electric Co— 164K ingsh'way Bdge 6 Ms 1962 Kokomo Water Works— 1st 5s ser A 1958 8 H 104K 98K 94% 94% 93 K 100 51M 51M 100 B 1966 J&J Ref & gen 105 95 Kings County Elec Lt & PowerPurch money 6s g 1997..A& 60 20 104% 434* 1952 A&O Maritime Electric 4 Ms 1956. A&O Gen s f 5 Ms 1956 A&O 103 7 " 95 102 98 100 % Secured 5s 1958 Inland Gas 6 Ms 1938.. ■j 10 100 100 Indianapolis Ry 5s, 1967 Indianapolis Water— 1st mtge 3Ks 1966 Indianapolis W W Sec Co— J&D f f 7s 1941 s mtge Market Street El Pass Ry— See Phila Rapid Transit 102 3 Ms serial notes 1942-1945 F&A 10934 1st 93 3 89 97 15-year 86 Ref & gen 4s series C 1967.J&J 103 Keystone Pub Serv— 1st M 5s 1978 86 s Market St 93 18 83 f 5 Ms *51 ser A J&J 1st Msf 5Ms 1952 ser B..J&J Mannheim & Palatinate Elec Cos 110% 101 1940 J&D Indiana Telep 5s A 1960 J&J Indianapolis Columbus & South¬ ern Traction 1st 6s 1948.-F&A Indianapolis Gas 5s 1952 A&O Indianapolis Power & Light— 3^8 1st mtge 1968 F&A conv 26% 31 60 K 59 15 28 M Manitoba Power Co Ltd— 104K 102% )f 102 58% 4 31 . J&D / 2d gold 4s 2013 108 109K 74 r Kentucky-Ohio Gas Co— Otfs indebt 2s 1958—-— Kentucky Power & Light Go— 1st 5 Ms series A 1942 M 1st m 5Ms 1948 ser B M Kentucky Utilities Co— 1st M 6 Ms Sept '48 ser D M. 1st M 5 Ms 1955 serF 1st M 5s 1961 series G Manhattan Ry con 4s g '90—A&O Cent Hanover Bk ctfs of dep. Maritime Tel & Tel— Indiana & S W Gas & Util— 6% 40 M 4 A&O Ann O s 112 121 102 112 58 K A&O 6M8 serA 1941 f 7s ww 1941 2d income 4s 1963 w s Manila Elec RR & Ltg Corp— M&S 1st lien & colltr 5s '53 104 106% 110M 1st & ref M 5s Jan 1. 1950.J&J 1st 1 & ref 5s 1963 F&A f 4 20 Marion-Reserve Power— 1 st mtge 4 34s 1965_ — ---M<! Kentucky El Pr lstsf 6sl960J Kentucky Fuel Gas Corp— 1st 6 Ms 1942 with warr__ J<! , ~5" 120K Light Co— Kansas Power & , M&N 95 Terminal— 105" 106 > 1st mtge 334s ser A 1966 Kansas Gas & Electric— 98 M 90 107M 3 24% I 3 M&N / s Gen 1st M Illinois Water Service Go— 1st mtge 5s 1952 series A—J&J t 102 Indiana Assoc Telegraph— 1st 105% 106% 26K 105K 103 110K l 1942 1st 6s series A 104 99M 97 M f Kansas City Pub Service-— 1st ref 4s series O 1957— Kansas Elec Power— 106 103 M Dec 31 ( If L 62 1st & ref 5Ms 1954 ser B—J&D 1st mtge 4 Ms ser B 1965—A&O Indiana Central Telep Co— Manchester 103 105 102 Macon Ry & Light 1st 5s '53. J&J Madison Rys 1st g 5s 1936—M&N 1st income 3-6s 1957 w s An Oct y 1st & ref 5s 1956ser O——.J&D S f deb 5,Ms 1957 M&S x V Macon Gas 1st mtge4Ms"52_J&D 2% 104 * 104M 111 —J&J Debenture 7s 1944 MacLaren-Que Pow 5 Ms Febl'61 5M8 series B 1964 M&S 1st s f 5s ser A 1959 M&N 105 122 Bid Bonds Luneburg Pow L & W W(Germ'y 18 1st Msf 7s 1948 M&IS f Luzerne Co (Pa) Gas & Elec— 107 M 1st ref&imp g 5s'48 op'13 A&O 107 M 1st & ref 6s 1954 M&S 39% 92 Jacksonv (Fla) Gas- 103 34 Illinois Northern Utilities Co— 1st & ref 5s 1957 opt ..A&O Illinois Power & Light Corp— 1st & ref 6s 1953 series A—A&O 1st M 6s 1947 series A 49K 62 l66" James River Illinois Commercial Telep— 1st 5s series A 1948 M&S 1st mtge 5s 1960 ser B—.M&S 111 Community Tel 6s 1949.-J&J 1st lien coll 5 Ms 1938 Indiana Electric Corp— 43% 3 1st Msf 7s Island Gas & Electric— 103 % 124% 64 Ask > 108 103 3Ks 1953 F&A Idaho Power 1st 3 %b 1967—A&O Illinois Bell Tel 3 Ms B 70—A&O Bid Bonds Isarco 1st mtge §Ks 1966 J&D Houston Natural Gas Corp— 1st m coll 6s '43 with warr.J&D Hudson Co Gas 5s g 1949—M&N Hudson River Trac 5s 1950.M&S 75 UTILITY BONDS PUBLIC April, 1939] reg n Nominal. r 89 104 K 50 103K 101K 100 K Canadian price. r 76 PUBLIC UTILITY BONDS bond prices are "and Interest'* except where marked "f" and Income and defaulted bona* Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue NOTICE—All Ask Bid Bonds Bid Bonda Ask Bid Bonds Ask ■ Montreal Tramways— 1st & ref g 5s 1941 opt „ 49 , 96 J&J 67" Gen & ref 5e 1955 series A. A&O Gen & ref 5s 1955 ser B—A&O Gen & ref s f 4 Ms '55 ser O A&O Gen & ref 5s 1955 ser D.A&O ?8 ' i 77 / 2d income 8s Dec 15 1969 Mountain States Power Co— 1st & ref 5s 1938 J&J 1st M 6s 1938 series B J&J _ 82" 18 23 97 M 98 99 M 100 M 107 M 30-yr 3Ms debs 1968 -J&D 105M Muncle Wat Works 5s 1965.M&N Municipal Gas & El Corp of Recldnghausen 7sl947 J&D / 20 107 M Mountain States Tel & Tel— 109M 108M 87 M 1st 5s 1951 M&N Nashville Railway & Light— Cons g 5s 1953 opt 1908- —J&J Ref & ext gold 5s 1958 J&J Nassau El RR—8ee Bklyn Queens Nassau & Suff Ltge 5s 1945-.F&A 90 100M 100M 84 85 M slH 91 National Electric Power Co— J&J ' stamped 1978 Nat Gas & El Corp 5s 1953.F&A 5s series B 1947 J&D Nat Lt & Pow 6s 1949 M&N Nat Pow & L deb 6s 2026 A.F&A 1M 90 9l" 89 98 M 100 96 Deb 5s 2030 ser B M&N National Public Service Corp— Debenture gold 5s 1978.-F&A / / Certificates of deposit Nat Toll Bridge 6s stmp *39.J&J / 96 M 24 .... 38 35 H 109M 110" 119 Nebraska Pow 1st 4M» 1981-J&D Deb 6s 2022 M&S Nev Calif Elec 1st 5s 1956—A&O Deb 6s July 1941 J&J New Amsterdam Gas—See N Y 119M 83 84 100 97 M 119 100 ::::| 101M 67 Deb g 5s 1947- M&S Conv deb 5s 1948 Conv deb 5s 1950 J&D 65 65 67 M&N 65 66 65 92 M 68 93 M 96 M 97 Convertible deb 5s 1962—J&J New Engl Pow Assn 5s 1948.A&0 Deb 5Ms 1954 J&D New England Power— 1961 A 108M M&N New England Tel & Tel— 1st 5s 1952 series A 127 125M 123 H J&D M&N Light & Power 1sts f 4 Ms 1956J&J New Haven Water— 1st & ref 4 Ms B 1970 A&O 1st & ref 4 Ms O 1981 M&S 4Mb 1983 M&N N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 M&8 N J Pow & Lt 1st 4Mb *60—A&O New Jersey Water Co— 126 102M r 58 61 107 M 108 103 101M New Mexico Power— 1st mtge 5s 1958 New Orleans City & Lake— 90 M J&J 106 , / Inc 6s Nov 1949 ser 103 M 102M 103 J&J A—J&D / 104 101M J&D 103 M 96 95 Newport & Fall River St Ry— 105 Newport Gas Lt 5s A 1961--J&D Newp News & Hamp Ry G & E— 104 J&J 105 101 1st & ref 5s 1944-. Newport Water 5s 1953 M&N 92 M New Rochelle Wat 5 Ms *51.M&N 1st 5s series B 1951 M&N N Y Cent Elec 1st 5Ms 1st 5s 1952- N Y & East River INY GELH&P ■ ■ mmrnmm m 1st M & lien 5Ms 93 M 90 J&J 105M 102 '50.M&S 103 Gas—See 108 102M 104 M 106M 1957—M&N 124 M 124 M 117 140 143 M 118M 119M 114 107 M 1st & ref 5s 1966 ser C M&N 1st &ref 5s 1969ser D M&S 1st & ref M 4Mb 1970ser E J&D Nor Indiana Telep 4 Ms '55.M&N 105 M 105M 104 M 62 129M 106 H3M 107M 108M 110M 110M Rys Corp— Prior lien 6s stpd 1958 105 M J&_ 70 Adl income 6s Jan 1 1965. .Apr Bleeck St & F F 1st 4s '50-J&J / 30 106M 3M 1st 5s, 108 105 Northwestern Power Co Ltdlst M s f conv 6s *60 ser A.J&J / 74 74 / Northwestern Pub Serv Co— 1st M 5s ser A 1957 -J&J N'western Teleg 1 st 4 M« '44.J&J Northwestern Utilities. Ltd— 1st ref 6-7s ser A 1949 J&D Nova Scotia Light & Power Co— 55 99 B'way & 7th Ave 5s 1943. J&D / 100 J&D / Ohio Assoc Telep 4 Ms 1966.J&D 1st M coll tr 5 Ms '53 ser A. J&J Ohio Edison 1st & con 4s '65 M&N M&S J&J -1J&D N. Y. & Richmond Gas Co— 1st ref M 6s 1951 ser A..M N Y State El & Gas Corp— 105M 105M 104M 95 64 1st extended 6Ms 1950.-M&N Non-cum inc deb 6s 1950-M&N / enn Central Light & Power Co— 1st & ref 4 Ms 1977 M&N 1st 5s 1979 M&N 130M 107 / / 1st coll 5 Ms 1960 -F&A Edison Co— Deb g 6s 1950 ser A ex-w.M&N Deb 5 Ms 1959 ser B F&A 108M| 106 M enn 80 1st & ref 48 1971 ser F 1st & ref 5s ser H 1962 64 18M 10 106M 11M M — • 102 108 107 M&N A&O , 96 M 101M m * 100M Wat Serv 5s ser 84 102 M 70 109M 105M 101M 102"" H-' 107" 108 105 105 85 M 100 M 101M 107 105M 103 M 106M 85 103M 107 87 70 73 72 J&D 75 13M 16M 116M 114M 95 M 6s 1943_A&O Refunding gold 5s 1947.-M&S 1st & ref 4s 1981 ser B J&J cons g 117M 115M 96 M 1st & ref mtge 4s ser D '61 J&D 94 M Mutual Fuel Gas g 5s' 47 M&N 115 eoples Light & Power Corp— 1st lien 5Ms 1941 J&J f 100 Conv deb 5s 1979 J&J / 12 eoples Light & Power Co— 1st lien coll 3 6s 1961 J&J 81M eoples Telep (Butler, Pa)— 4s 1960.r.._ 98 M J&D eoples Tract—See Phila R T eoples Water Service (Md)— 92 1st lien 68 A 1949 w w—F&A 95 116 82 M . OS - - eorla Water Works Co— 116 M&N M&N M&N - - - - 100M F&A 101M J&D 102 Philadelphia Company— Secured gold 5s 1967 104 102 Ardmore Street 5s 1958—A&O / Duquesne Lt 1st 3 Ms '65-J&D Duquesne Trac 1st 5s '30-J&J PIttsb Rys 5s 1953 A&O So Trac 1st & coll tr g 67 M 107 A 1958.F&A 101 102M 103 104 109 110 104M 105 M West End Trac con 80"" 7 5s'50A&0 5M United Trac 5s 1997 ctfs—J&J 86 111" 10 75 J&D 2d Ave Tr 1st 5s 1934 :::: 102 M 7 110M — 84 85 105M _ 19 100M 38 91M 102 M 101M 100M J&J 109 107 M 105M A '67.F&A 5M91960 103 6s 1947—J&D f \0ol% 105M 89 M 83 eoples Gas (N J) 1st 5s '68-J&D lsts f 109 o tCf*-T5i 97 101M oo ennsylvanla Gas & Elec Co— 1st 1 & ref 5Ms '55 ser A..M&S 1st L &Ry 5s 1958 -M&S ennsylvanla Gas & Elec Corp— Deb gold 6s 1976 ser A M&S ennsylvanla Pow & Light Co— 1st M 4Ms 1981_ A&O Pennsylvania State Water Corp— 1st coll trust 4 Ms 1966--M&N jnn Telep 1st M 4s 1965..A&O Penn Water 1st 3 Ms A '67.-F&A Penn Water & Pow s f 5s '40. J&J 1st ref 4Ms 1968 ser B M&S 1st con 5s 1948 1st & ref 5s 1950 ] —J 94 - Okanagan Tel(B C)5Ms '56-J&J 5 5s '38 _J&J ~T~ 6 7M Philadelphia Electric— 1st & ref mtge 3 Msl967—M&S Philadelphia Elec Power Co— 1st mtge 5 Ms 1972 F&A 110M 110M 112M 113M Phi la & Garretsford St Ry— 1st mtge 3 Ms 1966 J&D Debentures 4s 1946 J&D Oklahoma Natural Gas— 1st mtge 4Ms ser A 1951-M&N M&N F&A 105M 106 102 103 97 M .F&A 92 97 M 93 M 5s '41-J&J 32 38 Omaha & Council! Bluffs St Ry— 1st extd 4s 1947 J&J Ontario Pow 5s '43 op to *13.F&A Ontario Transmission Co Ltd— 5 67 M 62 6M 69 ,65, F&A Iflfr-oiqcc 48 52 75 M 77 M 77 M 78 82 91 94 20 23 49 53 92 Philadelphia Rapid"Transit^Coll tr g 5s 1957 opt s f—F&A 8 f guar 5s 1962 M&S 6s gold 1962 M&S 1st m r e 6s 1944 J&J Darby Media & Ches St Ry— 1st 4 Ms 1936 J&J / 93 § Hest Mantua & M&N 1st g gu 48 1955 Union Traction— M&N Ry—- '45_A&0 / 113M Elec & Peo 4s tr ctfs 115 People's Traction Co— P P Ry tr ctfs 4s '43-F&A / Union Traction 4s 1952-J&J / This price includes accrued interest, k Last sale, 79 Fairm— 1st extd 5M«1939 Market Street Elev Pass 6 6 Basis. 98 Go— Electric 108M Ohio Valley Gas Corp— 1 st 6 Ms 1943 (with warr) Called Apr. 1 at 103. 23 95M Public Service Corp— ennsylvanla Ohio River Bridge & Ferry— 6 72 18 105 1st & ref 6s ser O 1947 M&N 1st & ref 5s series D 1954-J&D 107 M 100M 102M 104 M 5M 5M 68 enn-Ohio 108M 99M New York State Rys- 104 -See Pub Serv Corp 107 Income 5s 1990.—. Apr 1 f Old Dominion Pow 5s May 15 '51 103M 124 J&J A&O 102M 102 M&S 1st consol 4s 1948 Prior lien 5s 1948 99 M 1960 108M 109M 101M 100 Elec & 1964. F&A 1st 5s series B 1949 Oklahoma Ry 1st & ref 108M 108M A&O gold 5s 1949 F&A A 19 86 Teleph & Telegraph— consol 1st 68 Ohio Cent Telep 1st 6s *47—J&J Ohio Cities Water Corp— ser 18 85 M F&A 1955_ / 102 M&N 1st mtge 4s, 1962 115 102 M 108M Oklahoma Power & Water— 9 5s Shoals Pow 5s 1952 aterson & Passaic Gas 100 J&D 1st mtge 3 Ms 1968 Ohio Public Service Co— 109M 113 .J&J Pub Serv— deb 6s 1950 M&S / arr enn F&A 1st mtge4s 1967 1st mtge 3Ms 1972.. 112M 109 Ref mtgle3 M» ser B1966. A&O Ref mtge 3 Ms ser O 1966-J&D 85 1945 1942 M acific 85 14 Oberpfalz Elec 7« 1946 112M 111M 53 I! 1956 114 sst Gas— Certificates of deposit 53 M 113 102 101 84 1st M 5s 1948 52 51M - 105 1st M 6 Ms 1936 with warr.J&T / 6 Northwestern Electric— 1st 68 stamped 1945 105M M&N Northwestern Elevated (Chic)— 1st mtge 5s 1941 opt M&S ' Conv deb 5s 1946 53 38 50 1st refg 4s 1950 opt *15—J&J - Oklahoma Gas & Electric— N Y & Queens Elec Lt & Pow-— 1st & cons M 3 Ms 1965. _M& 103" enn-Jersey Water— 108 1st & ref M 3M« 1967— F&A 106 Vs 1st mtge 3 Ms 1964 M&S Northern Texas Elec Co— Coll tr s f g 5s 1940 opt J&J f 24 Northern Utilities Co— 79 1st lien 4-6s 1968 M&N S f reg income 3-6 Ms May 1 *69 / 63 N'west Cities Gas fts 1949 J&J / 17 Ohio Water Serv 5s 113M 104 102 M 51 M&S I st & ref M 4s ser G 1964. J&D 1st & ref M 3 Ms ser H '61 J&D 1st & ref M 3 Ms ser 11966-J&D acific Light & Power Co— 98 102 1st & ref 5s 1956 ser A—.J&D 1st & ref 5s 1962 A&O Northern States Power Co— 1st 5s 1942 Ohio Term (Cleve) f 5s 1952 Los Angeles Pacific RR— 1st & ref mtge 5s 1943-M&S acific Gas & Electric Co— 1st & ref M 6s 1941 ser B.J&D 126 1943 J&J Ohio Valley Water 5s 1954—J&J N Y Power & Light Corp— a „ 5s 7 Ms 114 Deb g 5s 1954 op guar.. J&J 103 Vs 102 M 104M 100 116M M&S _ 83 North Ind Gas & El 6s *52--M&N Northern Indiana Pub Serv— 3M-3Ms 1941-42 3 Ms 1943-1944 105 ..T&J 1969 Water Co— 36 1st 108M — s Conv 52 52 North Texas Co 3-6s 1957—-J&J N'eastern Wat & El 6s 54--F&A J102.22 100 Northern 111 Water 6s 1952 J&J 108M 3Ms 56 103 F&A F&A North Shore Gas Co of Illinois— Joint 1st mtge 4s ser A *42-J&J Ohio Power Co— Deb g 6s 2024 mtge 99 M Los Angeles Pacific Co— 3s 1939-1940 Pur mon coll tr 4s 1949—1 Ed El 111 N Y con g 5s '95 J&J t Called Aug. 1 at 100. 1st ser Louisiana 98 M 103 56 Notes— N Y Gas Elec LH&P Co— 1st g 5s Dec. 1 1948 4Mb 1st 109 M 52 Ohio Elec Pow 1st M 5s *57-J&D Ohio L & Pow 1st 5s 1944.-M&N 87 M 103 M 1st 1 & ref 3 Ms ser D 1965-A&0 1 st lien & ref 3 Ms ser E'66 A&O 1st Ref & coll tr 3-3 Ms *39-'48 A&O 109M 51 North Continent Utilities Corp— 1st coll & ref 5 Ms '48 ser A_ J& J North Penn Gas Co— New York Edison Co— New York 109 A.-M&S a 103 Nor Amer Gas & El 6s 1949-.J&J / 32 North Amer Light & Power Co— S f deb 5 Ms 1956 95 J&J North Boston Ltg Properties 106 3 Ms secured notes 1947 A&O 2 North Carolina Gas 6s 48.-M&N 99 North Central Gas 5Ms 1955 A&O Conv deb 5s 1957 Ogden Gas 5s 1st & ref 5s 1952 series A._A&O 1st & ref 5s 1955 series B 5s stamped 1942 18 16 93 98 M zark Power & 4s debentures 1959 F&A North American Edison Co— Deb 5s 1st s f 7s 1946 i New Orleans Pub Service Co 109M 1st & ref 5s 1955 ser A A&O Fippon Elec Pow Ltd (Japan)— 1st mtge 6 Ms 1953 ..J&J Norf & Ports Bdge 6Ms '47--F&A 1st M s f 4s 1957— NY PA NJ Utilities- 105M 88 J&D A 1st mtge 4s 1961 1st & ref 3 Ms 1966 M&S liagara Lockport & Ont Power— Union El (Loop) 5s g'45—A&O 115 ser Ref & coll tr 4s 1957 A&O tter Tail Power Co (Minn)— Northwestern Light & Power— 6s series B 1950 F&A 111M 101M 100M r 95 M 1st M 5s 1957 ilagara Falls Power— Northwest 1st 4Mb 1961 ser B Newfoundland 93 K 1st lien & ref 7s 1946 A M&N 1st lien & ref 6s 1947 B...M&N Northern Okla Gas 1st 5s '46-J&J Northern Penna Power Co— 123 M Newark Cons Gas con 5s '48_J&D Newark Gas 6s Apr 1 1944..Q-J New Brunswick (NJ) Lt H & Pow 4s Dec 15 1939 J&D Newcastle (City of) W 5s *41 J&D New England G & E Association series 104M 102 M 111M Northern N Y Utilities Inc— G E L H & P 3 110M 1st M 5s 1951 ser A M&N Y & Westchester Lighting— See N Y Gas Elec Lt & Pow 3Ms debentures 1954 Narrangansett Electric Co— 1st mtge 3 Ms 1966 J&J Nashville Gas & Heating Co— 104 M 102*31 Service Corp— North American Co— 3 Ms debentures 1949 Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—8ee West Un Tel 5s Y Water 75" 105M Morgantown Water 5s 1965..J&J Mount Hope Bridge 5s 1969. J&D 1 st mtge 3 Ms gtd 1963 J&J Y Tel 1st 4Mb '39taxex_M&N Ref mtge 3 Ms ser B 1967—J&J n Nominal, r 8M H 9M 14 90 Canadian price. PUBLIC id prices are all securities 77 BONDS UTILITY "and interest" except where marked and income and defaulted bonds as near as possible for the closing day of the month preceding the date of issue are Rochester 108 Bid Bonds Ask 44 S f 434s inc 47 3034 f434sinc A notes 1958.M&S B notes 1958-M&S Rockford Elec Co 1st 5s *39-M&S S Rome Ask Corp— Transit 3234 100 103 (Ga) Ry & L 5s '46—A&O *53 A —A&O / 30 Ruhr Gas Corp 634s 4834 Rumford Falls Pow— Gen M 434» May 1948-—M&N 1st s f 4s Oct 1945-— A&O 22" 1934 73 72 93" 69 10734 73 98 103 10834 1st mtge s f 43ss 1979 J&D Saguenay Power 4 34s A 1966 A&O 1st 434s series B 1966----A&O Serial notes 234~4s to'46__J&D St Clair County (ill) Gas & El— 1st cons guar 5s 1959 M&S St Joseph Ry, Lt Heat & Power— 1st mtge 4 34s 1947 J&D 3-4 34s serial notes 1940-43 _J&J St Joseph Water 4s A 1966--A&O St Louis Co Gas 1st 5s 1951-A&O St Louis Springf & Peoria RR— 1st & ref gu g 5s *39 opt--J&D St Paul Gas Light— Gen gold 5s 1944 M&S Salmon Riv Pow gu 5s 1952 F&A Salt River Val Water Users Assn 6s 1939-1943 -.F&A 10624 106 Southern 104 104 104 10734 42" 101 110 110 105" 150 105 10024 1st & ref 5s series 3sApr 1 100 105 105 Seneca Power Corp 6s 10634 111 96 112 10434 2134 11034 14934 60 8134 99 10234 84 Serial deb 5s 1942-46 Sioux City (la) Serv 6sl951-J&J Somerset Un & Middlessex Ltg— 1943 J&D South Bay Consol Water— Mtge 101" 71 g 4s Dec 1, 28 1st lien & ref 5s 1960 1st M 5s 1955 ser B.J&J F&A 3034 2734 10534 103 Southeastern Gas & Water Co— 1st lien 68 1944 J&D 28 J&D S'eastern Indiana Pow 6s '43 M&N S'eastern P & L deb 6s 2025-M&S — — 81 83 80 82 103 55 60 12234 10824 108J4 10934 10934 1st lien 6s x-w 1941 Southern Bell Telep & Teleg— 3 34« debentures 1962 A&O Southern California Edison— 1st & ref mtge 4s 1960 M&S 934 1st M f 6s 1945 s ser M States 1948 6s J&J A Telep Co— ....M&S 1034 80 103 84 Spokane Falls & Nor 6s 1939.J&J Spokane Gas & Fuel 5s 1944-F&A Spring Brook Water Supply— 1st ref 5s 1965 A&O Spring Val Util ref 6s 1943.-J&D Springfield City Water— 1st mtge 4s ser A 1956 A&O Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A J&D Springfield (Mass) St Ry— Ref & gen 6s 1940--M&S Springfield Terminal Ry 7s 1942 Stamford Water 1st 5s 1952._J&J Stand Elec (Calif) 1st 5s '39-M&S * -t 1h-t—-»ii o o 1—iCO»*rf. \w 10434 10434 10434 10434 t—i 68 stmp ext May 1 '48—.-A&O 6s stmp ext May 1 '48 A&O Debenture 6s 1951 F&A 5534 100 1C2 10134 10034 10334 10234 107 77 90 9134 61 63 61 63 61 F&A 60. 63 6034 62 Standard Public Service Corp— 1st lien 68 series A 1948 F&A 61 63 J&D 61 63 1st lien 6s 1948 ser B Standard Telephone Co— 1st 1 coll tr 534s *43 »er A-M&N 100 1 st 13 A&O 20 5s A&O 196- Telephone Bond & Share Co— Deb 5s 1958 J&D Telephone Service (Ohio)— 5s 1953 M&N 46 70 73 95 11824 12524 13 5?H 12634 1434 434 8634 88 81 83 6834 71 8534 8634 F&A M&N 99 Ref s f 6s series A 1955 9924 100 24 77 ser J&D A Haute Traction & 9934 99 100 44 99 *4 9934 101 4934 Light— 1 st con M g 5s 1944 Terre Haute W W Corp— 1st M 6s 1949 ser A M&N 107 J&D 102 1st M 5s 1956 ser B„ F&A Texarkana Wat 1st 5s '58--F&A 10134 10234 10S 109 10334 Texas Consumers Water— 9924 10134 10024 10734 1st 1st & ref 434® 1961 1st M & ref 4s Aug 1 *65. Southern Calif Water— 10734 108 110 11034 112J4 6s A 102 A&O 1939 Texas Elec Ry 5s 1947 Tex Trac 1st 5s 1937 opt Texas Electric Service Co— 1st mtge 5s 1960 Texas Gas Util 6s 1945 1st 2-6s 1951 Texas Pow Corp General A 1956 6s 1956 1956— Texas Power & Light— Deb g 6s 2022 ser A 1st & ref 5s 1956—- 107 34 J&J J&J J&J __A&0 M&S 324 334 100 27 2434 "434 434 10034 26" 634s A&O M&S M&S 80 J&J 104 106 10524 9134 106 M&N Texas Pub Serv 1st 59 (w-s) 1961Texas Traction Co 5s 1937--J&J n 104" 7 Texas Hydro Elec Corp— 1st mtge 6s ser * Last sale, 22"" 21 Tennessee Eastern Elec Co-— Terre 43 10034 • 70 M&N Stettin Pub Util 7s 1948 1st & ref 6s 1947 105 110 34 /This price includes accrued interest. 38 65 115 102 6034 1st & ref 5s 1956 J&D Tenn Pow gu 5s 1962 opt__M&N Ternl Hydro Elec 634s f953_F&A 102 52" >• 10534 35 Tennessee Electric Power— Cor P 10034 31 102 104 J&D 1966 gold debs 1957 Temescal Water 1st 5s A '60 M&N 7534 105 A&O 10034 Steubenville Wellsburg & Weir ton 70 11034 434« 1962 10934 105 §2* 62 Conv deb 6s 1938 57 Southern Canada Power— 49 108 Standard Power & L Corp— Deb g 6s 1957 —F&A 10934 11124 A&O 70 Debenture 6s 104 34 1st M 434s 1960 6934 101 62 Convertible notes— 54 110 M&S F&A 91 107 Standard Gas & Elec of Delware 2134 M&S 324s 1945 87 10624 69 1st 6s 1949 — Ref mtge 3 24s May 1 1960-J&J Ref mtge 3 24s ser B 1960—J&J Southern California Gas Co— Debenture 109 6s J&J South Pittsburgh Water Co— 1st lien & ref 5s 1960 ser A. J&J 10834 10334 B ser Deb g 6s 2022 series A M&S Southwestern Public Service Co— 1st 102 South Jer G E & T—See Pub Serv ice 36 11124 11034 F&A 1st M 5s 1957 1st M 5s 1943 South Carolina Power Co— 1st lien & ref 5s 1957 110 10334 Southwestern 95 M&N 1st ref 5s 1950 10334 11034 10434 10434 A&O Shreveport Rys— Sutter Butte Canal 634s '43-M&S Gen income 4s Jan 1 1957-A&0 48 Sierra Pacific Power Co— Syracuse Gas g 5s 1946 J&J 1st & ref 5s 1960 ser A M&S Syracuse Lighting 5s g 1951-J&D 10534 1st 534s ser B 1957 M&S 103 Syrac Rap Tr 1st g 5s 1946-M&S 2nd mortgage 5s 1930 Mar 24 Silesia Elec Corp s f 634s'46 _F&A fk 21 J&J Taiwan El Pow s f 534s 1971-J&J Sioux City Gas & Elec Co— 1st mtge 48 1966 J&J 10434 Tampa (Fla) Gas 534s '56.-A&O 10334 J&J J&J 5 103 34 103 34 105 52 1946.M&S Serial deb 3s to 1941 69 69 102 Ry 1st 5s 1951 8734 84 s4 8334 8 67 67 Telep— B *64 J&D 1st & ref M 3s ser C 1968--J&J Southwestern Gas & Elec Co— 1st 4s series D 1960 M&N Ser deb 4s A 1939-1945.-M&N Southwestern Light & Pow Co— 1st M 5s 1957 ser A ...F&A 10624 5234 20 M&S Shenango Val Water 4s B'61 A&O Shinyetsu Elec Pow (Japan)— 1st sink fund 634s 1952—J&D Shrevp't Bdge & Term 5s'55-F&A __J&D J&D / C 1947 Southwestern Power & Light- Second Ave Trac—See Phi la Co— 221 Telep 6s B 1947-M&S 1 st & ref M 3 34s ser 2 136 72 / A&O Shawinigan Water & Power Co— 1st M&col s f 434s'67 ser A A&O 1st coll tr 434s 68 ser B.M&N 1st coll tr 4J4s ser D "70.A&O 1st coll tr 4s ser F 1961—A&O 87 52 634 Southwestern Bell 106 82 10734 84 48 634s 1937--M&S Conv deb 6s ser A 1932 Southwestern Assoc Telep Co— 1st M 5s 1961 A&O 10234 B1961.F&A 5s'59-A&0 A&O 108.34 90 (Okla)— M&N 1st 6s series 83 Seattle Lighting Co— 1st 5s 1944 9834 Southwest F&A Seattle Gas 1st 5s 1954— 38 9534 11034 , 1959.—.M&N 36 / Non-cum 6s (ws) 1951 Southern Utah Power Co— S'west Pub Serv Scranton Trans ser A 4s series B1959 Income 66 85 S'west Nat Gas inc 6s 1966--A&O Scranton-Spg Brook Water Serv— 61 94 84 1st M 101 _ A 124 92 115 105 Sayre (Pa) Elec 5s 194/1—A&O 10 Schenectady Ry 1st 5s Mar 1, *46 / Scioto Val Ry & Pr 1st 6s *43. J&D / 76 Scran ton Gas & Water Co— 1st 434s 1958 10234 M&S ser 98 103 34 89 64 100 1 1965..M&N 6s A '62.M&S Bridge— 1967 87 534s series 1 1945 A&O Southwest Gas Co 1st s f 6s 1954 2034 fund 634® '57-M&N / 1 Deb s f 7s 1942. M&N / San Joaquin Lt & Power Corp— 135 Unif & ref 6s 1952 ser B..M&S San Jose Water Works 106 1st mtge 334s ser A 1961—J&D 105 Santa Barb Tel 334s ser C'66 J&J Sandwich Windsor & Amherstb'g 104 Ry debenture 434s 1943--J&D Savannah & AtlantaRy— 1st cons 6sMay 1 1935 8 J&J / Savannah Elec & Power Co— 1st & ref 4s 1947 ser D—Q-Jan 10134 1st &refM 5s ser F 1955-M&S 10624 110 Savannah Elec Co 5s g *52.J&J reins 10336 534s May 1, I960—M&S Soilthside Va Pow 5s 1956 F&A 1st M sink 1st & 105 96 Gas— 10634 10634 San Francisco Bay Toll 10934 Union 1st & ref 113 4% serial notes Apr 15 1939-48- b 10134 1st mtge 4sMay San Diego Co Wat 104 34 1st & ref inc 534s ser IT'45 A&O 10-year coll s f 6s 1942—A&O Southern United Gas Co— 104 San Diego Consol Gas & Elec— 10834 10934 47 105 Southern Trac—See Phila Co 105 A&O 1st mtge 4s 1963 109 45 34 10324 Co— J&J Southern Counties Gas (Calif) 1st M 434s 1968 M&N Southern Natural Gas Corp— Adj mtge inc Jan 1 6s '60-A&O 1st M pipe line s f 4 34s '51 A&O Southern Neb Pow 5 34s B'47 J&J South N E Telep 1st 5s 1948-J&D Southern Colorado Power 1st g 6s 1947 series A 106 San Angelo Telep 1st 5s 1958 F&A San Antonio G & E 5s 1949.M&S San Antonio Public Service— 13" 103 Corp— Safe Harbor Water Pow 10334 10134 As* Bonds Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O Nominal, r Canadian price. 97" 3 82 100 9334 PUBLIC 78 UTILITY BONDS NOTICE—All bond prices are "and interest" except where marked "f" and Incom* 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 Ask 41% 9% 91M Union Ry 1st 5s g 1942—F&A Westchester El 1st 5s g *43-J&J 54" 60 45 50 45 1st ref 58 1939 op 9% 93 95% 96 72 M 73M 55% 106% 55 M 107% 1st s A___M&S15 f 7s 1955 ser Tokyo Elec Light Co (Japan)-1st g 6s 1953 series —J&D15 Toledo Edison 3 33s 1968 J&J Sf deb 4s 1948 -~J&J Traction Terin'l Corp 5s'57--J&J Trenton G & El g os 1949 -M&S 104 _ "333 2 60% 59 M 58% 30~~ 74 62 60 50 5l" 47 102 >3 104 lien 533s 1942 M&S 15 / 15 118 Unit Elec Co of N J 4s '49--J&D United Elec Rys (Providence)— Gen ref M 5s Jan 1951 Ber A— Gen ref M 4s Jan 1951 ser B— United Electric Service (Italy)— Extl 1st s f 7s 1956 ser A__ J&D United Gas & Fuel (Hamilton)— 1st s f 533s 1948 J&J United Ilium Co New Haven— 1st 4s Feb 1 1940 F&A United Light & Power Co—„ Deb g 6^s 1974 M&N Conv colltr 5hsB «. — — — 51 78 77 M 115 11533 73 M 85 M 8733 J&J 87 88 83 84 35 36 27 27 29 1952.-M&N 1952—M&N 92 99 series A 1965 M '19--M&N J&J M&N i / / / 1st mtge 4s ser A 1966 J&D 4s serial deb June 1 1939-1946. 98" 88 90 98 % 93 M 9833 Worcester ^ 67 67 116 * Bangor Hydro Elec 7% preferred 6% preferred 1.40 .25 -100 com 22M Telephone (Canada) 100 Bell Telep of Pa 833% pref --100 Brverly Gas & Elec —.25 Birmingham Elec 57 pref * 103 10433 6633 52 % 53" 107 108 2 103 Blackstone Vai Gas & El pref. 100 Boston Edison Co 100 138 Elevated Ry 100 com * * 20 * r Class B c—25 100 * * com 56 preferred * 99 10533 10533 10533 114 116" 10233 10333 55 1st pref Gable & Wireless Ltd— 47" 10033 102 * Calif-Oregon Power Co— 6% preferred series of 1927 100 100 Calif Water Serv 6% pref Canada Nor Pow com 1 Capital Transit (Wash, D C) 100 Carolina Pow & Light $7 pref --* 56 preferred * _ Corp pf 100 1 com. 6% preferred --50 Cent Hud G & El 9033 92 20~" 96 97 92 M 94 102 91 91% Wabash Telephone— 10333 6833 66 68 63 >3 49 6533 51 128 1083*3 110 83 lio" 82 $6 preferred $5 preferred Alabama Water Service pref * Allegheny Traction—See Phila Co 50 Amer & Foreign Pow com * $7 preferred* $7 second 2nd pref series A ♦ $6 cum pref * Warrants Amer Gas & Elec com * $6 preferred ♦ 1st $6 ♦ preferred American Light & Traction- 6% preferred. ♦ -.25 25 Amer Poire* & Light com $6 preferredS5 preferred- * * .* Amer Public Serv 7 % pref 100 American Service S3 preferred..* 81 82 91 94 6% preferred 1M * 51 preferred * 105 Central States Edison * lieu 77 Central States Pow & L 57 pf--* 84 88 Cent Vermont Pub Serv 6% Central West Co. v t C— 5833 233 14% 6033 2H Chester Water Serv 5M % pref--* Chic City & Con com part ctfs- - » Pref partlc ctfs * 15 Chicago Rys par tic pf-* M 100 "% % ctfs ser 1—100 Series 2 -100 11 Series 3 Series 4 100 100 %6 3233 11333 2 2 1433 2733 433 2633 433 3633 3233 1M 4 100 5 6 14 M 88 M 50c com 70 1M 81 100 68 113 91 Cent Ohio Lt & Pow 6% pf * Central Pow & Light 7% pref 100 75 !* 32* 62 37% 80 M 100 Prior Allentown Beth Gas pref Amer Gas & Power com 125 100 Preferred PUBLIC UTILITY STKS. 90c 32M Corp— 5% preferred 92" 145 95 14 87 preferred Central N Y Power 8933 9* 92 82 110 67 Cent Indiana Gas 633% pref-100 Cent Indiana Power 7% pref 100 Central Maine Pow 56 pref 100 York Haven Wat&P 1st 5s'5lJ&D York Rys 1st M* 5s '37 opt-J&D / 5s stamped 1947 J&D 75% 75% 112 26 10533 .a «-—100 22 100 116 19M 106 >3 * com_- 58 105 14% 100, 101% *'r 14% Canadian Marconi 4 33% preferred Yonkers Ry—See Third Ave Ry York (Pa) Gas 1st 5s 1941.M&N 1H 1% Central Elec and Tel 4a 31* 5 Jent Arkan Pah Serv 10933 i3» 50 Carolina Tel & Tel 100 933 353*3 243*3 Bklyn Teleg & Mess'ger (gu)_100 Brooklyn Union Gas * Buffalo Niagara & East Power— 51 60 prior preferred 25 6% preferred 10833 46 30 * Amer dep rec 733% A ord—£1 Amer dep rec B ord £1 Amer dep rets 5M% pref £1 97 112 * r t Wuerttemberg (Germany)—See Consol Hydro-Elec of Wyoming Vail P S 6s 1971-A&O / 10033 75M 33 M 38 Cent Illinois Light 4 M% pref-lOO Gent 111 Pub Serv 56 pref* * * * 3 % * Ordinary shares 67 10833 Transit Association Alabama Power $7 pref 3 168 119 70 new common S3.5 ) prior preferred $6 preferred Cent & S W Util 5 16 19 135 111 * — 51 68 40c 100 47 54 6733 4M 3M * t C v t c Cum income 6s 1952 J&D f Cum income 6s (w s) 1952-J&D f 2% 29 30 99 7 1% 1 25 -100 95 5 100 Ol&ss A Atlanta Gas Light 6% prefAtlantic City Elec $6 pref $6 preferred series A Wisconsin Public Service Corp— 1st mtge 4s 1961 J&D Wolverine Pow adj 4 Mb Mar 1 '59 Worcester St Ry 5s A 1947.J&D 110 * Brooklyn Edison Bklyn Manhat Transit 102 10533 Wisconsin Power & Light— 97 5% 100 Brockton Gas Light Co v Electric— 333s 1966 A&O Hydro-Elec Co— 1st & ref 8s 1944 Utilities Public Service Co1— 5s 1949 J&.T / Yadkin River Pow 1st 5s '41 A&O f / Washington Gas Lt 5s '60. F&A risc Elec Power 333s 1968-A&0 risc Fue: & Lt 1st 5s 1948.-M&N 1st mtge 533 J64 _ Bklyn & Queens Transit J&J 1965 6 * Bridgeport Gas Light Bridgeport Hydraulic Co Brit Col Pow Corp A 102 4-5? 8M * 2033 1933 Innipeg Elec 1st 4M» 1960-J&J Gen 3 * * Brazilian Tr Lt & Pow ord 95 Gen & ref 7s 1947 Utica & Mohawk Valley Ry— f 57 1st preferred $4 preferred 106 A&O 1943 1st & ref 5s 1944 opt 100 12633 guar 5s 3 * 69 illiamsport 6433 6433 63 M&N f M&N 105 68 5s 1947 A&O Wisconsin Michigan Power Co— 1st mtge 3%a 1961 J&J risconsin Minn Light & Power— 120 1st Water Co— Aug 1952 ser A Wilmington Ry Bridge— * * Assoc Telep Co Ltd 51.25 pf * Assoc Telep & Teleg $6 pref-—-* $6 preferredBirmingham Gas K* 1 Birmingham Wat Wks 6% pf-lOG F&A -M&N O Wisconsin 20 1955 100 / 30 63 Sink fd M 6s 1953 A&O / Utah Lt & Tr 1st 5s 1944 A__A&0 Utah Power & Light Co— Deb 6s May 1 2022 M&N 1st lien gen M 5s 1944—F&A 1st lien & gen M4Hs 1944-F&A Utlca Belt Line Street Ry— 5s J& 79 1 com 10533 ser Gen inc 4 -5s ser B 5 lst 63 10433 10433 M&N 1st M 5s 1956 ser B— 1st M 5s 1960 1st Con g 433s 2004 J&D / Unit Trac (Pgh)—See Phlla Co Unterelbe Power & Light Co— 1st M 4Mb A 1956. 65 62% M&N f 6s 1953 s risconsin Gas & United Telep Del 6s A 1948 A&O United Tel & Tel 533s A *53vM&N I y 1st lien 6s ser B 1953 M United Traction (Albany)— M M 6 86 -* - Boston restern Utilities Corp— 15-year m f 6s 1952 1st Virginia Electric & Power— 1st &refM3^sB 1968—IV Virginia Public Service Co— 88 6533 62 M&S 1st M 5« F&A f 1st 85 6033 51 107 75 F&A 1st 4Mb 1941 M& Utilities Power & Light Corp— 8833 2 * Bell 8733 J&D A 1957 ser 1st M 5s 1941 opt. 1960—J&J 1st 5s 1939 1955 2 * 10 100 Mt Hudson River Bdge—* Beauharnois Power com * Wheeling (W Va) Electric Co— 1 1934 J&J / City & Sub Pub Serv 5s '34.J&J / United Securities Co— f 533s ser A f 5J3s ser B 5Ms 42 * ; v J* 50 Bear 65 Mut Un 6s ext at 5%to'4lK&N Western United Gas & Elec Co— 1st 1023*3 Gen g 4s July s F&A 1960 98" 102 United Rys of St Louis— s 5Mb 1 . common Original preferred$4 preferred $5 preferred $6 preferred $633 preferred $7 preferred Option warrants Associated Public Utility Preferred 10233 1063*3 Common 6% preferred Arkansas Nat Gas Bait Transit Co ft" Fdg&REM 4 33s g '50—M&N 25-year g 5s 1951 J&D 30-year 5s Mar 1 1960 M&S 35 Coll ref 1st 5s series B United Rys Cos 4% ctfs '49-J&J f United Railways of Havana— Coll & 105 105 / 1st 46 J&J Eq 7Hs Feb 15 1936 6 133 103 33 10033 9533 5s 1951 M&N 1st 5s series B 1950 J&J Deb s f 6s extd 1950 M&N 'estern Pow (Cam 5s 1949 -J&J 90 1959—A&O M&N United Lt&RyB(Me)68 A'52 A&O Conv coll tr 6s A 1960 12533 10833 iH M&N 5Mb 1950 95 1st 1 & consul 533s Deb g 6s 1975 Un Lt Rys(Del) deb 5 33s. 52 United Pub Util Corp— 106 10433 107 J3 restern States Util 6s A '45-A&0 restern Union Telegraph— _ —- f J&D 100 1st Deb 6s 1973 1st M 1st First lien 533s '51 ser A-M&N Union Water Works Co— 3 35 6% preferred Associated Gas & Elec Common class A 124M 108 1st M 99M 104 * Class A 104 A&O restchester Elec—See 3d Ave Ry restchester Lt 1st g 5s *50--J&D 82 M 111 * 6% preferred 102 4M 9M * * 111 99 103" 25 com * 113 76 1st mtge 4s 1961 3 % % coup notes 1946 * Arizona Edison com v t c Arizona Power $6 preferred Arkansas Missouri Power— 12133 101*3 15 M 100 153 M 30c Appalachian El Pow 7% pref 6% preferred 10533 56 66 J&J 103% Union Ry—See Third Ave Ry Union Traction—See Phlla R T Union Water Service Co— 62 60 66* * Arkansas Pow & Lt $7 pref 97" 102 Union Gas System— 1st M & coll r f 5s 1948—J&D Union Passenger Railway— 1st 4s Mar 31 1961 A&O 2d ext 4s Mar 31 1960 A&O Union Pub Serv (Del) 6s '39-J&D 102% * 6% preferred 11033 112)3 A&O Gen mtge 3 Ms gtd 1967—J&J restchester Service Corp— 4s 1948-1953 A&O com Preferred $6 series American Telep & Teleg Amer Utilities Service com . West Texas Bridge 3 33-6 Mb, 1960 rest Va Water Service— 97 J&D J&D J&D -.25 121 5Ms 1956—M&N Utilities Co— 1st M 5s 1957 ser A rest Virginia Ohio River com Superpower Corp preferred Amer Wat Wks & Elec $6 1st preferred 102 M&S J&J West Penn Tr 1st 5s 1960—J&D West Phlla Pass Ry— 1st ext 333s 1956 A&O 2d extended 60 Union Gas Co. of Canada— 1st 4 33s 1950 . 101% f Amer 105 104 106 1st 1 & ref 5^s 1945 Ser A.M&S Tyrol Hydro-Electric Tow Co— 1st M s f 7 His 1955 M&N f 22% Guar s f 7s 1952 F&A f Ujigawa Elec Power (Japan)— 71% 1st M s f 7s 1945 M&S15 Union Elec Co of Missouri— 109M lstmtge& coll tr 3 33s 1962 J&J 103% 3% notes, 1942 J&J Union Elev RR—See N W Elev 93 Union Gas & El 1st ext 5s '40M&S 1st serial 4 33» 1943-45 8 102 1st M 5s 1963 series E 1st M 3 Mb ser I 1966 Twin States Gas & Electric— 1st serial 4s 1939-42 8 7 7 50 40 10 100 Troy Gas Co 1st 5s 1939.-M&N Twin City Rapid Transit Co— 1st lien & ref 533s A 1952J&D 1st li9n & ref 533s B 1951--J&J 106% Trac—See Phila Co 69" Utility Preferred 32 First $6 115 J&J A 1950 Conv deb 6Ma 1945 ser Bid Bonds Ask 10533 J&J 124 6s'61A&0 _J&J / J&C / Tri-County Telep 43*8 B '56 A&O Troy City Ry 1st cons 6s '42 A&O / 101 * __J&J 5s 1960 Hydro-Elec— J&J J&J rest Coast Telep 5s A 1953.J&J rest End St Ry—See Boston El 1st 6s rest End 66 Trent'n Pass Ry 1st ext Trenton St Ry ext 5s 1968 General 6s 1941 gen 5s 1959 Canadian rest Toho Electric Power (Japan)-1st 1st & raterloo Ced Falls & No Ry— 1st M s f g 5s 1940 J&J / Certificates of deposit--. / 69 Yonkors Ry 1st 5s 1946—A&O Tide Water Power 1st 5s '79.F&A Bid Bonds Amer States Third Avenue Ry (New York)—1st ref g 4s 1960 opt aft '14 J&J f Adj inc g 5s Jan 1960 opt—A&O f Third We RR 1st 5s g l37—J&J f Cincinnati Gas & Elec 5% pf 100 Cincinnati Gas Transp .100 Cine New & Cov Lt & Trac.-100 Preferred 100 Cincinnati Street Ry —50 Cincin & Suburb Bell Telep—50 10 Cities Service com 38 33 72 Preferred BB 18 19 100 * Preferred 68 Preferred B Cities Serv Pr & Lt $6 57 preferred 106 >3 90 95 75 2M 90M 6M 45 M 4% 43 pref * 62 * 63 Citizens' Pass Ry—See Phila R T Citizens Traction—See Phila Co Citizens Utilities com * No par value. 6 Basis. /Flat price, k Last sale, n Nominal, r Canadian price, a: Ex-dividend. 2% April, 1939] Stocks Par Citizens Water Co of Wash Bid common— _ 100% * 37 20 *. Commonwealth Gas - . - 38% 114% 22 76 106% 6% 83 72 Commonwealth & Sou Corp com * 69 112% 109% 26% % 1% 1 81 68% 25 Optional warrants $6 preferred * Commonwealth Tel (Pa) 7% pref. Commonwealth Water & Eight— 6% preferred * 7 % preferred * - - 6 100 100 - - 105% 6% preferred series A -.100 5% preferred 100 5% conv preferred 100 Columbus & Southern Ohio Elec preferred A 6 % % preferred B__ Commonwealth Edison Co.. - 62 Corp (Del) com..* 6% 105% 104 382 51% 26 1 * 13 % 16 Conn Gas & Coke Sec pref Common Connecticut Light & Power. 5%% preferred Connecticut Power.. * 39% 41% % 55 57 100 116 119 25 43 49 Connecticut Ry & Lighting 100 4 * * 100 114 * Consoi Elec & Gas $6 pref Cons Gas E L & P (Bait) 5% preferred series A Cons Edison Co of N Y com 1% 100 4% % preferred OQ AH 73 X $5 preferred Consoi Gas Co (Pgh) pref 50 Consolidated Gas Utilities com.l Cons Trac of N J—See P S Corp Consumers Gas (Toronto) Consumers Power $5 30 26 175 * 101% 96% * Continental Gas & Electric— 7% prior preferred 100 Continen Pass Ry—See Phila R T Crescent Public Service com 1 Cuban Telephone pref 100 Cumberland Gas com v ~i% Cumberland Co (Maine) Power & Lt 100 6% pref 5%% preferred 104% 100 99 Dallas Power & Light 7 % pref 100 Preferred 107 m* 25 25c 10 100 75c 11% 2% 1% 145 104 4% 49 55 60 60 20 r Gen Public Service Corp * Wat Gas & Elec com A 53 preferred Georgia Power $6 preferred $5 preferred Pass—See k 15 % 102% 27 6% 34% 87% Mar 22 & Modified 5% guar 94"" 105% 106 102 103 30 31% 35 r 36 2.50 29 1.05 28 56* 47% 110% "2% 61 67 34 36 47 50 10c 40c 7* 6* * 25 41 ■9" 25 10 Holyoke Water Power 1 17 30 * 117 Detroit & Canada Tunnel * 11 12% Houston Lt & Power $6 pref Houston Natural Gas com 100 115 112 64 100 69 .%« 6' 8% 2 3% East Coast Public Service vtc-.l East Middlesex Street Ry 100 4 5 Eastern Gas & Fuel Assoc's com 6% preferred 4%% prior preferred Eastern Mass St Ry * 100 100 100 100 com 6% 1st pref stamped 6% pref B stock 5% adjustment stock 100 100 n 125 1 \ 8 18% 1% 19% 62 68 21% 3% 74 $7 preferred series A $6 preferred series B Eastern States Gas 12 % 12% * 6 20 East Shore Pub Serv 6%% pf 100 6% preferred 100 Eastern States Corp com * * 135 78 13% 4 Indiana Assoc Telep $6 pref Indiana & Michigan Elec— 56 102 100 110 100 General 107% 107% 69 110 71 8 11 Service— 6% preferred Indiana Hydro Elec 7% pref. 100 Indiana Service Co 6% pref..100 67 * 54 56 Interboro Rapid Transit.....100 5 Internat 4% Class A full paid Elec Power & Light 1 1 Corp $7 preferred $6 preferred 2d pref series A Optional warrants * $ 27% 3% 26 * 100 3 100 Hydro-El Syst A Conv pref $3.50 series Internat Ocean 96 98 32% 50 Elizabethtown Water Cons...100 Eliz Consolidated Gas 100 105 205 Empire & Bay State Tel (gu) 100 Empire District Elec 6% pf-.lOO Empire Gas & Fuel Co pf 8% .100 Preferred 7% 100 6%% preferred 100 6% preferred 100 Empire Power Corp partic stk._* $6 preferred * Empire Telephone com... * 6% Preferred 26 Engineers Pub Serv com ..1 Essex Company 60 63 70% 76 77 Iowa El Lt & Pow 6% 7 % preferred it* 6% 17% Iowa Power & Lt 7% Iowa Pub Serv $6 pref * 72 78 * 77 58 84 62 100 10 218 5 "6" Option warrants 3c Fairm't Pk & Hadd Pass Ry—See Phila R Fall River Elec Light 54 25 Fall River Gas Works 25 15% Federal Light & Tr com Preferred ($0) 15 Federal Power & Light 50 * com Without par value. * Iowa Electric 6%s pref .70 27 . 12% 16% 13% 82 86 33 22% * 23 25 31 63 72 100 70 pref...100 103 * 97 98 100 * 99 101 Common 99" 4% 3% 15 Iowa Southern Util 7% pref.. 100 30 25 ...100 00^ 38 100 r 131 Jamaica Water Supp7%% pf__50 Jersey Cent Pow & Lt 7% pf.100 3% 39* 52 preferred National City Lines com $3 conv preferred National Gas & Elec com 92% 84% 78 6% preferred Nominal, 5% 72 79 5% J 24 4 3% 90 94% 88 97% 106 108 "4 5 101% 70 6% 33/ 2% 2% % % 87 80 74 75% 74 113% 98r2 3% 96 * 100 ._* 30% 40 100 67 10 6% 77 101 30% 55 4% 43 123 14 10 50 41 10 3% 7% 75% 1st pref 100 100 Eng Gas & Elec Assn— $5% preferred stamped * New Eng Pow Assn com 6% preferred 100 $2 preferred New England Pow Co $6 pref.100 New England Pub Ser com * $7 prior preferred.. * 111 106 2 40 147% 68% 4% 45% 127% 15% 10% 43 4% 7% 77 112 4" 42 149% 43 $6 preferred $6 prior pref England Tel & Tel New Haven New Canadian price, Water x 135 1% 39% 10 100 105 66 9% 35 50 Jersey Pow & Lt $6 pref—* 100 New Jersey Water pref New Mexico Gas com 5 50 86 r 27 12 61% 18% * $7 preferred 79 n 5% 69/8 Nevada-Calif Electric com ..100 Preferred 100 Newark Consolidated Gas 100 New Bedford Gas & Edison Lt.25 94% 100 * Last sale, "9 74 National Power & Light com...* % $ Name changed to Mich. Consoi. Gas. 1% 92 27% 100 6% preferred 100 6% preferred 5%% preferred 7% New 3 Italian Superpower common A__ * Jamaica Pub Service Ltd r 85 New 12" 61 29 100 pref__100 50 l66" 26% Mountain States Tel & Tel..100 Nassau & Suffolk 7% pref 100 Nebraska Power 7% hlH 5% A* 25c 10 5% 67% 10 $6 preferred * * 6%% preferred preferred 6% preferred Common % 6£ 6} *82 Feb. Preferred 57 13* * * 24 30 * $6 preferred ...........60 European Elec class A 1 Investors Telephone com 70 69 21 ftf 115 Mountain States Power— 3% 74% 3 * * Montreal 68 25* 100 100 6% pref Tramways com Mar 17 Mountain Fuel Supply 18" 93% 17% 100 5% preferred 6% preferred Montreal L H & Pow Cons Montreal Telegraph 15 23 30c 100 com 5% % r Interstate Natural Gas Interstate Power pref $7 66* Essex & Hudson Gas r $1.75 preferred 83.50 prior preferred Warrants series of 1940 Missouri Pow & Lt $6 pref * Missouri Pub Service com _♦ Monongahela L & P—See PhilaCo Monongahela St Ry—See PhilaCo Monongahela Val Water 7% pfd. Monon-West Penn P S 7% pref 15 Montana Power 4 63 ...» 68% 69% 68% "8 100 Units. International Utilities A Class B * $5 cumulative preferred $5% Pref (with warrants) $6 preferred 50 Internat Teleg of Me (gu) International Telep & Teleg 6% pre!erred class A 100 Minnesota Pow & Lt 7% pref 100 $6 cum preferred 100 4 3 * 1st preferred Power Securities International Ry v tc 103% 103 guar). .100 Internat 110 195 43 Preferred < Foreign share ctfs 50 ..50 com Teleg 101 99 27% * Montana Dakota Utilities 25 International Power Co 16 31% 108% 20 Warrants * Preferred Eliz & Trenton RR 3% 3% * El Paso Electric Co (Del) Preferred series A 7% El Paso Nat Gas com 7% 3% 3% 8 8% 8 6 com Mississippi Power $6 pref. * $7 preferred _* Miss Power & Light 6% pref—* Mississippi Riv Pow 6% pref.100 Mississippi Valley Util * 28 , 54% * 7% preferred Indiana 26 * 5 76 8 100 100 100 16% 50 90 2% 3 * 50 8% 10 32% conv Illinois Iowa Power $6 preferred Illuminating Shares class A 53 partic preferred 50 Memphis Natural Gas 5 Memphis Power & Light $7 pf. * $6 preferred * Metropolitan Edison Co— $5 cum preferred * $6 preferred series C * $6 prior preferred * 7% prior preferred * >% Convertible pref A * Midland Util 7% prior lien..100 6% prior lien 100 7% preferred class A .100 5% conv preferred Arrears certificates Illinois Power & Light— 73 t C--1 v Midland United «¥' 4 * 1% * * 4% 27% * Warrants 4 5 Conv stock 27% 3H 14 * $2 Preferred Preferred 100 $6 preferred $5 preferred Elec Power Association * com 3 Common without warrants 100 100 ...100 Electric Bond & Share.. Eastern Utii Assoc * 100 5% non-cum preferred 100 Huntington Water 7% pref...100 Idaho Power 7% pref 100 6% 1st preferred common 4 66 Mass Power & Light Associat'n— Common with warrants ♦ 9% * 7% preferred 100 Indiana Telephone Corp 100 Indianapolis Power & Light— 6% preferred —100 6%% preferred.. —100 Indianapolis Ry Co v t c 100 ... Market 8t Ry(San Francisco; 6 % prior preferred £1 Moxican Utilities preferred Michigan Consoi Gas 50 Hudson County Gas Hudson & Manhattan 3% 80 .. Michigan Gas & Elec— 7% prior preferred Middle West Corp com 76 H 100 Mexican Northern Ry com F—See PhilaRT 33 Preferred 85 37 42 Marine Commun'y— Mass Utilities Associates 2% ...100 104% 107% 25 Amer den rets for ord shs. 25 Duquesne Nat Gas common • $4 preferred .* $5 preferred • Duquesne Light—See Phila Co— 25 Marion (Ohio) Water 7 % pref.100 Marion Reserve Pow $5 pref " 27 Detroit Edison Duke Power 25 Luzerne Co Gas & El $6 pref. 100 $7 preferred 100 Lynn Gas & Elec Co ..25 Mackay Companies 4% pref__100 Marcon Int * * 100 100 83 Derby Gas & F.lec $7 pref 6%% preferred J Detroit City Gas 6% pref Preferred Lowell Electric Light 75 89 1 Havana Elec & Util $5 pref Haverhill Elec Co Haverhill Gas Light * 100 100 25 25 .. cl A 82 25 com com 6% preferredLouisville Railway Co 22 * Preferred 100 Manhattan Railway 7% guar 100 T Harrisburg Bridge Harrisburg Gas 7% preferred. 100 Harrisburg Rys common 50 Hartford Electric Light 25 com * 100 Maiden Electric Co Maiden & Melrose Gas Lt 80 75% Long Island Lighting com 7% preferred A 6% preferred B Louisv Gas & Elec 51 78 100 Corp ..... 95 100 R Lawrence Gas & Elec Lt Longview Bridge class A Louisiana Power & Light $6 pf- 5% 32% 86% ..25 Gold & Stock Telep (guar) Green & Coates—See Phila Hestonville M 70 PhilaRT Gloucester Elec Lt Co Hartford Gas 1% 16% 25 * * Germantown 6% preferred 100 7% preferred 100 Kentucky Utilities 6% pref..100 7% Junior preferred 50 Keystone Pub Serv $2.80 pref. Keystone Telephone $4 pref 50 Key West Elec 7% pref 100 Kings Co Ltg 7% pref 100 5% preferred 100 Laclede Gas Light 100 5% preferred 100 Lone Star Gas 43 47 1 93 100 25 %6 100% Telep Allied Corp $6 pref--* Gen Telep Tri Corp. 20 104 * 104 14% Gen 114% * 7% preferred Lexington Util 6%% pref 25 Lexington Wat Serv 7% pref. 100 Light & Pow Securities Co * 65 20 * \Y * 6% pref 10c 96% 110 65 15 Gen Telephone Corp com^ $3 conv preferred f 100 117% 47 41% * * 25 1 $6 preferred * 100 Preferred General Pub Util common Gen 88% % 51% 49 Gen Italian Edison Elec Corp— Amer shs for ordinary stock Ry 6% preferred 28 T 25 , 6% pref Bid Kansas Power & Light— * * 100 — Havana Elec 110 108 62% (Del) com A__* 5% prior preferred —* * $6 cum conv pref ser A $6 conv pref ser B * 5% preferred 101 115% 6% preferred Danbury & Bethel G & E pf 25 Dayton Pow & Lt 4 % % pref. 100 Denver Tramway com * R Gen Gas & Elec Hamilton Gas common v t c 60 6% preferred. Kansas Power Co 98 Green Mt Pow Corp $6 pref—* * % Greenwich Gas $1.25 pref Greenwich Wat & Gas 6% pf-100 Gulf Power $6 preferred * .* 27% Gulf States Utii $6 pref 180 $5.50 preferred 25 102% Backensack Water 7% pref class A.... ..25 98 Hamilton Bridge * Preferred 100 91% 1 % 1 1 t c 106 Kansas Gas <& Elec 7% pref.. 100 99 61" 34 % 100 pref $4.50 preferred A% 114% 29% 104% Cons Trac (Pittsb)—See Phila Co Consumers Gas (Reading)....25 1% 8% 49 97 14% 88% % 53% 63% 63% 5% preferred * 7% preferred 4 100 Common 26 1% 147 13 $7 preferred 14 Kansas Elec Pow * $8 preferred 30% 27% %« 23 Gas & Elec of Bergen County. 100 Gatineau Power com * 95 12 22 46 100 Gary Elec & Gas common. Par Kansas City Power & Light— 1st pref $6 series B Kansas City Pub Serv. 23 Franklin Telegraph (guar) —100 Gandy Bridge common » Gardner Elec Light common. 100 Preferred Stocks Ask 19 * Foreign Light & Power units Frankf'd & S'thwark—see Phila 100 25 Community Pub Sor com Community Water Jerv com 7% preferred Concord Elec Co 6% pref Florida Power & Lt $7 pref n 28 79 20 pref.. 100 Florida Power Corp 7% I'referred $50 par n * Bid $6 preferred * 86% preferred * $7 preferred * Fitchburg Gas & Elec Light.. 50 53 100 com.. First preferred 6% Par Fed St & Pleasant Val—See Phila Co. Federal Water Service com A__* 1 113 110% 26% 1% 1% A, STOCKS possible for the closing day of the month preceding the date of Issue Stocks Ask 103% * 100 100 — $4.50 preferred Cleveland Railway Coast Co Gas & El 1st pref. Colum G & El Community Pow & Lt are as near as (Pa) 7% preferred -.100 City Water Co (Chat) pref 100 City Water (New Castle) pref.100 Clear Springs Water pref —* Cleve Llec ilium UTILITY PUBLIC Quotations for all securities Ex-dividend. 103 96 2% 37 28 61% 23% 137 2 41 11 10% 37 110 68 104 __ 3% 80 PUBLIC Quotations for all securities Par Stocks Bid * New Orleans Pub. Serv com 8~ —* 98 100 96 New Rochelle Water 7% pref 100 N Y Mutual Telegraph (guar) --25 16 15 I§" common-..-* 32 33% Option warrants N YPow & Lt Corp $6 pref— 7% preferred 100 N Y & Queens El L & Pow— Common -_-* 5% preferred 100 N Y Railways pref —-* N Y & Richmond Gas 6% pref 100 17 19 7% preferred Newport Elec 6% pref N Y City Omnibus _ 100 101 ^ 102% 110% 109 120 115 5% 31 pref 100 Niagara Huds m Power -10 1st pref $5 series 100 2d pref 5% series —100 Class A option warrants Clash B option warrants North American Co new 10 6% preferred new series 50 5%% preferred 50 North Amer Light & Pow 1 $6 preferred * North Amer Utility Securities—* North Boston Ltg Prop com.. * Preferred 100 North Texas Co (Del) 10 Northeastern Wat & Elec com..* $4 preferred —* Northern Indiana Pub Serv— N Y Water Serv 6% 35 21 19 82 Jan. 78 13 .% 1 % 1% 19% 20 55 % 51 % 55% 52% 53 54 , 49 % 51 1% Phila Pass Phila Suburban Wat 6% pf Phila Traction—See Phila R 1 Portland Elec Pow 6% pref 7% prior preferred 53 1% 50% 88 93 Potomac Elec Pow 6% pref 85 25 40 5%% preferred Power Corp of Canada pref—100 98 7 % 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 7% preferred 100 Northwestern Telegraph (guar) 50 NY PA NJ Utilities $3 pref * Ohio Cities Water preferred * Ohio Edison $6 pref * $7 preferred * Ohio Elec Power 6% pref 100 7% preferred 100 Ohio Power 6% pref 100 Ohio Public Service 5% pref. 100 5 % % 1st preferred —100 6% preferred 100 7% preferred —100 Ohio Service Holding com 1 6% preferred... ..—5 69% 58 72 60 106 107 74 % 72 83 85 31% 33 24 27 5% 100 X 108 X 94 97 X 97 106 Oklahoma Gas & Elec 7% pref 100 $3 preferred 100 15 50 96 10 X 35 6% convprior preferred 100 95 6% preferred 102% 110% 114% 95% 98% 101 108 35 35 28% 108% Okla Nat Gas Corp com 8 99 106% 113 X Bridge 4% cum pref 100 Omnibus Corp v t c ...—* 8% conv preferred A 100 Oregon Wasn Water pref * Ottawa Light Heat & Pow new. Preferred 100 Pacific & Atlantic Tel (gu)-. 25 Pacific Gas & Electric-—--—25 1st preferred (6%)—— 25 1st preferred (5%%)— Pacific Lighting Corp com Preferred ($6) 25 * —* 100 Pacific Pow & Lt 7% pref Pacific Public Service- 14% preferred 29% 110% W* 39% V102 Ay 14% 30% 32% 29% 101 16 30% 32% 9% 7% 108 79% 149 151 136 3 29% 110% 7 21% jo 97% 1 50 30% 113 & Pow 3 4 Warrants B % 8% 1 Scranton Transit 9% Seattle Gas 5 Pennsylvania Edison Co— 1st * * Pennsylvania Gas common * Penna Gas & Elec Co 7% pref-100 Penna Gas & Elec Corp 57 pref-.* - Class A ._.* Pennsylvania Power $5 pref * Pennsylvania Pow & Lt 57 pref_* 56 preferred 55 preferred Pennsylvania State Water, pref.* Pennsylvania Telep 6% pf—100 82.50 preferred * Pennsylvania Water & Pow_ * Preferred 32% 56% 14 20% 35 4% 107% 101 33% 57% 17% 22% 37% 108% 102% 96 98 91 97 110 93 100 113 54 80 11% 100 1 32 Common class B Scrip-.—-—.-—... Preferred 25 45% 8% Peoples Water & Gas $6 pref-.100 70 Peoria Water Works 7% pref-100 Phila City Pass—See Phila R T 33" 1% 1% 47% 9 99 Philadelphia Co com 55 preferred 6% cum preferred 56 cum pref Allegheny Traction * * 50 * 50 Citizens Traction Consolidated Trac pref 50 50 5% 72 37% 80% 3% 3% 2% lDO 117 1 Monongahela Lt & Pow 50 Monongahela St Ry 50 Phila & Darby—See Phila R T Phila & Grays—See Phila R T Philadelphia Elec Co com $5 preferred Phila Elec Power 8% pref25 71 14c .29% /Flat price, 19 _ 19% 112 92 94 % % 50c 6% 75% Southern Calif Water pref 82 Southern Canada 5% 5% 6% preferred series A Power Southern Col Pow com A 75" 3 4.80% cum preferred B 32% 30 % 10c 2c 15 18 25% 28% 29% 28% 29% 42% 25 -.25 * 25 32% 23% 33 24 11 11% 1% .45 100 2 97 £ * common 55 ~ 99 9% 4% ■s io% 4% 11 13 10 10% 10 11 Nominal, r 52 Dref. 100 1 Canadian price, 160 1% 1% 28 17 x % 7% pref Wash (D O) Ry & El com i46 {46 * -100 100 100 preferred cum preferred West Penn Power 7 % pref 6% preferred * 100 100 cum 100 __100 West Phila Pass—See Phila R T West Texas Utilities $6 pref-—.* N 28% 105% 5% 660 113% 98 86% 102% 94 122% 116% 91 Bridge— * ._* : Y Water pref ... 12c 7 13 * 93 1 pref 74c 25 * * 100 Western Union Telegraph-Western United Gas & Electric— 6% preferred-.. 6%% preferred 115 100 Preferred preferred 11% 6% 100 * Wash Gas & Elec Western 10c 1 common— -—-100 100 23% 3i 18 108 108 Westmoreland Water pref---.--* 97 ...—100 105 110 Wheeling Bridge 25 7% preferred.— —25 Southwest Consolidated Corp 1 Southwest Gas (Okla) 7% pref 100 Southwest Nat Gas $6 pref 10 n 49 * 1 Preferred Western Massachusetts Cos 145 k Last sale, __._—* West Va Water Serv 6% Western Lt & Tel com 78 Southern New Eng Telep——100 Southern Union Gas com * 116 Light— Wheeling Elec 6% pref_____.100 Southern Nat Gas class A com—* Class 11% 2% 1 cum Prior 25 Southern Indiana G & E— 117% 11 ♦ Preferred 114 100 Preferred * * 2 % 42 20c Class B 62 Southeastern Gas & Water A—* 5%% preferred series G——.25 25 Original preferred 25 35c 10 common West Va Ohio River Common 103% 8% preferred 32 _ Southern Calif Gas Co— 12 115 19% 19% 1% * West Penn Elec Co class A 110 * 1 78 ._1 3 99 100 100 Common 86 Washington Wat Pow 6% pref--* 100 Southern & Atlantic Teleg (gu)_25 South Calif Edison common.-.25 78% 100 2% 110 2 85 100 100 Utilities Power <fc Lt cl A 7% 6% 69 1% 1% 22% Preferred 9* 1% 1% 84 109 $6 preferred Virginia Pub Serv 7% pref 6% preferred Washington (DO) Gas Light % 42* * $2.75 preferred $3 preferred 23 2% 32% * -_.___* Utilities Stock & Bond Corp Virginia Electric & Power— 119 60 Pittsburgh Water— 6% preferred 7% preferred A 1st pref Non-voting 8 Sou Carolina El & Gas 7 % pf. .100 South Carolina Power 6% pref.-* 11 % 11% 113% __._.* United Utility Co 111"' 21% % % 6% preferred series B 55 Without par value. $4jpreferred _ com $6 preferred $7 preferred 119 — Federal St & Pleasant Val—25 DuquesneLight5% 1st pref Preferred cum Utah Power & * 100 Sierra Pacific Pow common Sioux City Gas & El $7 pref. South Amer Utilities com 115 * Class B common 91% 122 r » * preferred United Public Service Corp.United Pub Util com A 100 106 * common Corp cum 7% $5 preferred $5 preferred 100 * Second Ave RR Cop (NY) * 2d & 3d Sts Ry—See Phila R T Shawinigan Water & Power * Shenango Valley Water pref 100 Sierra Pac Elec 6% pref 100 2d 2% 22% 8 United Hi Co of New Haven 2 109 * 1 94 9 "W 2trF3»nts United Light & Ry 6% pref South 114 People's G L & O (Chic) Peoples Light & Power Co A $3 6% "2% 100 x 118 83 6% pref. 100 common 99 Union St Ry (New Bedford)—100 United Lt & Pr Common B 5c * 2 35 100 50 $5 preferred 33% 10% 85 106 108% 100 Brook Water Service 6% pref _ United Gas Improvement-.----* 1 Scranton Electric $6 pref 5c 9 -10 6.36% preferred 7% preferred 99 98% 90 112 -.-100 100 3% 91 1% _ San Diego Cons Gas & Electric— El 89 97 106 60 * 7% preferred 8% preferred 90 108 6 32 * 91 91 44 Warrants X 10 32% 113 92 United Gas Elec (Conn) com_* 7% preferred 100 United Gas & El (N J) 5% pf-100 United Gas Corp com ___1 $7 pref series A * 19 29 77 100 1% 103 Union Traction—See Phila R T 32% St Joseph Water 6% pref 100 St Louis County Water pref—100 73 * United 5 J00 100 100 10U 12 98 13th & 15th Sts—See Phila R T Tidewater Power 6% pref * 105 5% Rochester Transit common Warrants com ,6% preferred 7ohtdAvenue Ry <N Y> Preferred Union Pass—See Phila R T Scranton-Spring 52.80 preferred.$5 preferred- $3.50 preferred * Texas Power Corp common * 7% preferred * Texas Power & Lt 7% pref— .100 118% 18% 48% -50 7% preferred 1 104 50 Savannah ~6" (6%) 100 cum 1st preferred 100 Haute Elec 6% pref 100 Electric Ry —100 Elec Service $6 pref * 115% 17% 47% 15% 27% Rapid Transit Ry—See P 8 Corp Republic Nat Gas com 1 Rhine-Westphalia Elec Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref 27 % 7% preferi ed 100 Union Gas System com 96% % 25* Bridge— preferred 108 54 125 San Antonio Pub Serv 8% pf conv 136% 121% 134 Rapid Transit St Ry Co 100 Public Serv of Okla 6% pref.-100 7% preferred 100 Public Serv El & G $5 pref * Puget Sound Pr & Lt $6 pref * $5 prior preferred * Quebec Power common * Queens Borough G & E 6% pf 100 Radio Corp or America—See Light & Power Ry Lt & Pr 5% pf RylSO 7% preferred 100 Union Electric Co of Missouri— 5% preferred * Union Gas (Canada) * 32% 155 119% 106% J* Twin States Gas fr El 7% pref 100 Twin City Rapid Transit * 96 32 145 12% % 2% 14% Toledo-Edison pref A 7%—i-100 6% preferred 100 5% preferred 100 104 51 Rockland 107 Paterson & Passaic Gas & El—100 114% 9% 8% 86% 83 Consolidated Trac of N J--100 IV St Joseph 43 105% 78% 123 Penn Western Gas & El ; 115% , 105 6% preferred series O 6% preferred series D 5% preferredseriesE Rochester Telep $6 % pref iili 118% 100 1 111 112 104 Preferred * Texas Gas Util com Texas Hydro Electric— Rochester Gas & Electric— 6 Preferred Penn-Ohio Edison— 103^ 101;* r Terre Texas Texas 52 15 Tacony-Palmyra 5% 3% 31 - Preferred " Suburban Rapid Transit St 5% 98 * 1st preferred 23 50 Riverside Traction. com B Tampa Elec Co * 7% preferred .100 Tennessee El P 1st pref (7%).100 7.2% 1st preferred 100 29 75 21 com—* Peninsular Telep Co com * 20 24A 108 Ridge Ave Pass—See Phila K T Rio Grande Valley Gas v t c * 1 Superior Wat Lt. & Pow 7% oflOO Swiss Amer Elec 5% pref .500 Fes Tacoma Ry & Pow Co * 35 * Public Serv Co of N H $6 pref--* $5 preferred * Public Serv Corp ofNJ * 8% preferred J 00 7% preferred 100 6% preferred 100 $5 preferred * 110 preferred ——-—-* Pacific Telep & Teleg-. 100 6% preferred 100 Pecos Valley Pow & Lt 35 4% 100 70 * 1st 9% pref--* St Louis Pub Serv common - Class * * prior pref Standard Pow & Lt 6 1% $6 preferred 103 ' cum 35 *112 Class A. prior pref preferred cum Industrial Stocks. Omaha & Council Bluffs Railway 6 com cum $4 $6 2?* 100 100 Providence Gas Light * Public Elec Light 6% pref. __-100 Public Serv of Colo 7% pref--100 6% $7 90 2 100 Public Serv of Ind $7 prior IS* tt* 13% 41X * Water Service A com 7% 86 11 98 86 100 100 * 7% preferred 92 com — 100 pref--100 83 47 * 7 T Postal Teleg & Cable 7% pref 91 A * 4 34 Potomac Edison Co 6% Southwestern Lt & Pr Preferred 19 16 2 17 112% Portland Gas & Coke 7% pref 100 Portland Gas Light 50 86 Nortnarn Liberties Gas 25 32 $6 preferred Nor States Power (Del) cl A..-25 * — 16 2 4 100 Bid 107 __ 9 16 4 8 8% 32 32 ___* Water.. 48 13 20 50 guar 15 43 Par Springfield City Water 6%~pf 100 Springfield Gas & Elec pref * Springfield Gas Lt Co. 25 Springrd (Mass) St Ry Cos pf 100 Standard Gas & Elec com ._* oiy* 37 12 7 Pittsburgh Suburban Water— $5.50 preferred 100 PlainfieJd Union 53 3% 33 Hestonville M & F com——50 Preferred 50 Stocks Southwestern G & E 7% pref. 100 2 1% PhilaCityPass Ry($22% pd)-50 Phila & Darby Pass Ry 50 Phil & Gray's Fy ($25 pd) 60 Philadelphia Traction 50 Ridge Ave Pass ($28 pd) 50 2d & 3d Sts Ry guar -.50 13th & 15th Sts Pass Ry 50 Union Pass ($30 5-6 pd) 50 Union Traction ($17% pd)-50 West month preceding the date of issue Ask Bia Par 100 Northern N Y Util 7 % Common Stocks Philadelphia Rapid Transit 50 7% preferredL 50 Citizens Passenger guar 50 Continen Pass Ry ($29 pd)_50 Fairm't Pk & Haddington. .50 Frandf'd & Southwark Pass,56 Germantown Passenger 50 Green & Coates Sts ($15 pd) 50 -.100 100 6% preferred 7% preferred 5%% preferred Ohio 7 6% 79 STOCKS UTILITY possible for the closing day of the Ask 7 . are as near as Williamsport Water pref--——* Winnipeg Elec class A——. * Class B -* Preferred -—100 Wise Elec Pow 6% pref 100 Wise Hydro-Elec 6% pref 100 Wisconsin Pow & Lt 6% pref-lOO 7% preferred 100 Wisconsin Pub Ser Corp 7% pflOO 6%% preferred 100 Wisconsin Telep 7% pref-----100 Wolverine Power Co -.5 Worcester Trans Assoc---—----* York (Pa) Railways pref 50 York Water Co —.....25 20" Ex-dividend, t New stock. 98 1.50 1.95 7% 107% 47 81 86 103 99 117 1 4 22 26 heading "Industrial and Miscellaneous Securities" we include all issues which do not appear Under the "Public Utilities." In the "Real Estate and Land/1 Deposit Companies" under separate heads, then follow with the rest of the under the previous three headings, namely "Railroads" "Investing Companies" and case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Title Guarantee and Safe "Industrial and Miscellaneous." ' NOTICE—All bond Bends prices Bid are Copley I 53 493* 1013* 1948.M&S 100 J&D 100 43*a stamped 1946 F&A Advance Bag & Paper 6s '52. J&D Ex scrip . Aeolian < o 6s 1944 J&J Agar Packg & Prov 5s 1945-J&D Akron i itues-iress 1st 6s 4o a&O Alabama By-Prod 6s 1955—J&J Alabama Mills 6s (w-s) 1953-J&D / Without stock J&D Albany Perf Wrapping Corp— 1st M coll tr 6s 1948 A&O 6s assented w w 1948—A&O 1955 Alberta Pacific Grain 6s 1946 J&J , 51 5V3s 1950 ser B 56 93 96" M r 85 J r 85 L 85 100" 4% notes ser M&N Allied St's Corp deb 4!*s '50.A&< > Debenture 43*s 1951 F&A Allis-Chalmers s f deb 4s '52-M&S Amer Ice Co deb 5s 1953 Amer I G Ctaem Corp— Conv deb Amer Conv M&N 53*s 1949 International J&D J&J 53*% J&D 1956 notes 80 •/ Bush Term 1st 4s 1952. / >/ 82 99 If 1093* 30 104 3* 55 Deb s f guar 1943- 50" 25 1013* 82 85 102 & 1023* 102 1033* 34 97 37 55 60"" Campbell Transportation Co— Equip trust 4s 1940-1951 __J&. b 96 to Canada Bread 6s 1941 F&A r 105 1043* 104$* r 100 guar 5s 1955 Vickers 6s Aug 1 5 76 Deb 5s series A 1955 Deb 58 series B 1955 82 Carrier A&C 87 89 '50M&N M&S 87 93 25 30 Corp conv 43*s 1948 Carriers & General Corp— 15-yr deb 5s with warr Cassco Corp inc 6s 1949 Celotex Corp— Debenture 4 3*s w w 1947-F&A JkV* Coil Central Steel 1st 'iiS* 115 8s 1941 79 20 26 / 143* 95 96 3* A-NY & B-NY Realization— Champion Paper & Fibre Co 43*s s f deb *50('35 issue).® 43*s s f deb '50('38 issue)-® Chateaugay Ore & Iron— Guar gold 4s 1942 67 Chesap'ke-CampCorp4 3*s'47J&J / 1952—j M&S / 25 26 Chic Grain Corp 3-5s Arcade Mall Iron 7s 1943..M&N / 10 12 80 3* 983* 993* 983* „ 63 64 B 1955.F&A O 1957..J&J A&O 1952-..; Arundel Bond Corp 2-5s Dec 1 '53 Arundel Deb Corp 3-6s Dec 1 '53. Associated Mtge Co 3-6s Dec 1 *5& Atlanta Laundries— 1st lien 4s 1952 J&J Atl Gull & W Indies SS Lines- 87 J* 553* 573* 1 J&J 1947—M&N 7s ext Avery (B F) & Sons 5s w 59 w*47J&D 94 67 28 25 93"" M&N M&S 1st g 5s 1940 1950 Rait Steam Packet 5s 1942—F&A 101 100 60 Baragua Sugar Estates— 6s 1947 Barber & Ross 4s 1945 Bates Valve Bag 6s 1942 i&J J&D F&a Bayway Terminal 6s 1954 J&J Bedforu Pulp & Paper 6 Hs 1942. 483* 101"" 30 Brech Creek O & C 5s 1944..J&D Beneficial Loan Society— 6s profit share deb 1956.- Q-J £e3semer Limestone & Cement— 1955 Fdy & Ma 5s'44 A&O 6s 1950 68 series AA 1953 6s series AB 1948 Bethlehem Steel Co— lBtllen & rel 5s 1942—...M&N Purch money 6s 1998 Q-Feb s f 43*s ser D '60._J&J Cons M Called April 13 at 105. 1043* 15 70 European Mtge & Invest— 1st lien 73*s 1966 ser B 73*8 income 1966 72 28" st lien 1st lie] 7a 1967 ser C 7s income 1967 F&A 19 M&S 19 8 8 - Everlastik Inc 1st 7s 1937.M&N Fairbanks Morse & Co— 102" 45 Farmers 100" 5s 1969 Federal Screw Wks conv 6 3*8 '39 Filtrol Co of Calif 5s 1946— J&D 90 Finland Residential Mtge Bank— S f 6s stamped 1961 M&S 993* 97 97 A101 Consol Cement Corp— Cum inc 6s 1950 72 F&A 54 Cum inc 6% notes 1950--F&A Cons Laundries Ext 63*81941 A&O 993* 104 Consol Oil s f deb 3 3*s 1951.J&D Consol Paper Corp— 38 53*s ex-stock 1961 J&J 97 Oonsoi Steel Corp 6s ser A *44 J&D Consol Textile 1st 8s 1941..J&D / 7 Cum conv inc 5s 1953 10 M&N / 97 3 104 73* 26" ~ Firestone T & Rub 3 3*s '48—A&O 1033* First Bohemian Glass Works— 1st secured 7s 1957 J&J / 153* Flour Mills of America Inc— 1023* 1023* 74 1043* Conv g 63*% notes 1946.A&O Follansbee Bros 5s 1947 J&D 29 Forest Lawn 1st a f 6s 1949—J&D 653* 99 _ Francisco Sugar 6s 1956 M&N Franklin Coal Co 7s ws 1949.J&J Fraser Co 6s Jan 1 1950 J&J French Nat Mail SS 27 ff 56" 96 Lines 6s '52 1163* Frick (H O) Coke 5s to 1944-J&J 63.25% Frick-Keid Supply 6s 1943.-J&D 102 Fruebauf Trailer deb 43*s'47A&0 97 Gair 39 (Kobt) income notes 6s 1972 Galveston Wharf Co— Id" Ref 53*s series A 1951—.J&D Ref 53*s series B 1954 J&J 12 1st 5s Garlock 45 1013* 13 102 95 100 J&D 90 102 95 97 100 Farmers Nat Mtge Inst 7s '63A&0 Federal Coal 7s 1944 102 100 1043* MfgCo3j*s 1953.. M&S 743* 100 Consolidation Coal Co— Sink fund 5s July 1 I960.-J&J / 5s 1950 .A&O 75 Famous Players Canadian— 1st & coll 3s 1939 J&D 1st & coil 33*8 1940-1942.J&D 513* 1940 A&O Packing 43*s 1946—J&D 43*s Dec 15 1947-— J&D Gen Amer Transport 3s 1940.J&J 26 72 73" 50 60 3% notes 1941-1942 General Bronze deb 6s J&J '40--M&N 38 • 98 98 101 99 100 . 1003* 1023* 1513* 89" 80 General Cable Corp— 253* 1043* 273* 993* 100" Container Corp 1st 6s '46.J&D15 Deb 5s 1943 with warr ..J&D Cont'l Invest Bond Corp 2-5s '53. 89 70 103 3* Cont'l Invest Deb Corp 3-6s '53— Continental Oil— Conv deb 23*s 1948.——J&D 1st mtge s f 53*s 1947 ser A. J&J Gen Elec (Germany) 7s '45-J&J 15 Deb J&D M&N 1940 63us Debsf 6s 1948 74" Gen Finance conv deb 5a *51. J&D 1003* .... .... . . 96 1013* 53 3* 60 533* 99 Gen Motors Acceptance Corp— 1073* 38 Continental Roll & Steel Fdy— 1st M conv s f 6s 1940 J&D Cont'l Steel deb s r 4 M % 1946. J&J Ooplay Cement Mfg 6s *41 ..A&O 108 10-year deb 3s 1946 15-year deb 33*s 1951 F&A F&A 1033* 1053* 104 1053* 104 105 ♦ J&J F&A 1954 53 1063* 1003* 44 104 51 119 146 Beth Steel Corp 4$*s to 1941 J&J 33*aserie8 E 1966 A&O 15-yr s f conv 3 3*8 debs '52 A&O Boston Wharf 1st 4s 1941 A&O Bowser (S F) 7s 1944.^ M&N Brandram-Henderson 6s '56. J&D J&D A&O J&J 1952 A&O 56 6s series A C 1952 95 Q-J Colonial Colliery 6s 1954 13* M&S f Colo Fuel & Iron s f 5s 1943. F&a 1033* Income 5s 1970 An Anr / 623* 65 Connor Lumb & Land 6s '41 M&N 101 Consol Biscuit 1st 53*s B '46 M&S 1st 53*s ser O 1946 38 54 Ernesto Breda 7s 100 Q-F Q-M Q-J Q-F Q-M 7s series C 1959 7s series D 1956 107 20-year 4s s f deb 1956...J&D Falstaff Brew deb 5s 1947--J&D t 105 / 723* Consumers Co (111) 5s 1956.-J&J Consumers Credit Svc 6s 1962 Consumers Rock & Gravel— 6s 1948. J&J / J&J Bethlehem 107 4s 76 98 1940- -J&J Clove-Cliffs Iron 43*s 1950.M&N Cleve Tractor conv 5s 1945.M&N Collateral Baukers Inc— 7s series A & B 103 3* 893* Without warrants Cum inc deb Bit Coal 4s 49 4% notes 1942— Erie Elec Motors 5s 1941 73* F&A / 91 65 J&D 1st & coll 43*s 1951 City Savings Bank of Budapest 7s 1953 82 Corp— 1956 71 A&O 1943 Corp inc 5s 1968 J&D / Cities Service Asphalt 5s 52-A&O City Ice (Kansas) 6s 1940—-A&O Clearfield Baldwin Locomotive Works— Mtge 6s 5s v Auburn Automobile— Conv deb 43*8 1939 Autocar Co 603* 49 5S 1959 J&J Atlantic Ice & Coal 6s 1951.J&D 943* Atlantic Ice Mfg 6s 1945 F&A Atlantic Refg 3s debs 1953--M&S * 102 $* Atl Sug Rof 1st s f 4s '51 M&N 3.100 Atlas Imperial Diesel Engine— 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945.M&N Gen conv 6s 1950 M&N Coll tr g 5s Jan Childs Co deb 40 102 Chilean Nitrate & Iodine Sales Arnold Print Works— 1st 5s Feb 1 101 55 1023* 102 100 25 f 4s 6s 1943. 1st 110 Armour & Co of Delaware— 1st M 20-yr 4s ser 1st mtge 4s series s Emporium Capwell Corp— Chicago Produce District— 99 6B, 1955.. 55 Jan Empire Sheet & Tin Plate— 9 1013* 1013* 563* Empire Properties Corp 2-3s 1945 1153* 93 90 133* Elk Horn Coal 68" . 1053* 97 Jan Eastern Racing Assn 5s 1945 East Temple Corp 6s (w s) 1941. Eaton Paper 1st 53*8 1943.M&N Elec Auto-Lite deb 4s 1952.F&A 97 32 80 Eastern Cuba Sug 73*is '37.M&S/ Eastern Dairies 6s 1949 M&N Eastern Mfg 7s ser A 1938 .J&D1/ 933* 913* 72 J&D Durham Duplex Razor 6s 1955 Eastern Car Co Ltd 6s 1952.J&J Central Foundry Co— 30 1063* 96 Caribbean Sugar 7s stpd '41.F&A Carlisle Lumber 6s 1945 ... 1023* 1053* Dryden Paper 6s 1949 J.F&A Dufferin Paving & Stone— 1213* 94 Cons Nitrate— f 6s (Los Ang) 1942._J&D 99 1203* M&£ 1947. - Dow Chem Co deb 3a 1951. 1013* Canadian Nat Steamships— 90 Income 7s Jan 1 1943 M&S / 103 Anaconda Copper Mining Co— Sink tund det> 4)*s 1950- -A&O 105$* f 6s Oct 15*60 A&015 B Deb 43s« Btsr A 1951 M&N Dominion Textile 43*s *55—M&S Donnacona Pap 4-4 3*s '56—F&A 10-yr 53*% notes 1947—J&J 84 ]* Canadian Internat Paper— Canadian 1053* s Dorainion Tar & Chemical Co 119 Anthony (E C)— 1st s f 6s (San Fran) 1942.J&D 1053* 100 Canadian Bakeries 6 3* a '45. Canadian Canners Ltd 4s'51 25-yr A&O Sink fund income deb 1Q67 J&J Animal Trap 5s Aug 11946 Antilla Sugar EstatesIncome deb 6s 1951 (w-s).-J&J / Farm Ln 103 98 52 99 Dickey (W S) Clay Mfg Co— Cum inc 5s (w-s) Nov 1 1949— 152 Cum inc 5s (ex-stk) Nov 1 19497 87 Dom Coal 1st 4 3*s ser A *52. A&O 1023* Serial 3 hs 1938-43 A&O 99 Dominion Steel & Coal 63*s 1955993* 93* 833* 111 American Writing Paper Co— Conv 6s 1961 —Ann Apr / Ames-Holden Tire & Rubber— 8 1023* 101$* 90 M&S f 104 91 40 F&A Am Wire Fabrics 1st. 7s '42..M&S 65 M&S Series f 133* 72 32 6s extended 1938 Deutsche Rentenbank— Camaguey Sugar— 37 97 35 Detroit Times deb 6s to '43 Deutsche Bank (Berlin)— 1003* 1023* 100 1003* 1st cum inc 5s 1957—Ann April., Deep Book oil 7s 1937 Wf vs f Detroit Har Term 1st 6s "50.M&S / '*2§" 60 95 1003* 58 100 De Bardeleben Coal Corp— 1003* 993* 35 106 8 s 45 75 1C9 94 M&N Danish Prod L'n Fund 5s *40. J&J Davidson Biscuit 5 3*o A '45 A&O Davidson-Boutell 5s 1946.—J&D Davidson Chem 63*s 1937—A&O 793* 45 1043* 1013a 1st 43 91 J* 993* 7 Anglo-Chilean 41 673* 393* 53 100 pairyland Inc lsts f 5s 1946. M&S 90 1013* American Type Founders Inc— Conf s f deb 2H-5s 1950--.J&J A&O 43 95 104 3* stpd 1946—J&J M&S Ry & Coal— 1940 Curtis Cos 63*s A 1947 80 Amer Seating 6s Debenture 6s 1944 5s .M&S 37" 100 Amer Nat Co (Ohio)— Extended 6s stpd 1943 J&J Amer Kadiator del) 4 "*s '47.M&N Am Silica-Sand 6s 1951 Am Tobacco deb 4s 1951 f deb 4s 1950 41 35 Amer La France & Foamite— Am Lime & Stone 5Hs '51—M&S Am Mach & Metals 4s 1943-.J&J s Cumberland Corp— 1949 53*s 58 Conv ..... Calif Cooperative Creamery- American Aggregates Corp— ►v New 3-6s 1943 i F&A Amer Color type 6s 1942 F&A Amer Dept St's (Pa) 6s *48._J&D Amer Dept St's (Del) 6s '47.J&D Am Fruit Growers ext 7b '43.F&A Conv s f 5s 1950 F&A 99 953* 883* / 115 343* 30 86 1053* 983* Crucible Steel 43*s A 1948—F&A Tobacco 6s 1944 J&D 34 33 32 20 1003* 493* O-F Cudahy Packing 33*s A '55.M&S 52" 34 Alpine Montan Steel Corp— 1st s f 7s 1955 ..M&S Aluminium Ltd s f deb 5s *48.J&J '48 Cuban 77" 45 w 15-yr 4" a f Nov 1 1950--M&N 10-yr s f deb 43*s 1948 J&J 104 C-E to 1941-M< 104 31 w Crown Cork & Seal Co Inc— 90 1948 443* 23* 103 $* Crowley Milner 53*s 1946—M&N r Algoma Steel Corp Ltd—* Conv 5s ser A 1948 Credit Service deb 6s Budd (E G) Mfg 6s ext 1941 _F Bullock's Inc (Los Angeles)— 1st series B 102 ' Sinking fund deb 5s 1946.F&A 27 '45.M Bryant Paper 6s A 1942 89 Bid 1943——F&A Creameries of America— 31" 873* 873* 91 84 80 *105 k. Bruck Silk M Ltd 6 3*8 89 70 23 30 25 Press 53*s Cosden Petroleum conv 5s '47 J&J Cosgrove Meehan Coal 63*s 1945. Crane Co 3 3*s s f deb 1951. J&D 65 95 102 M 103 104 3* 60 / )/ )/ */ 54 lst Bonds Ask & Paper- British Columbia Pulp Abitibi Power & Paper— 1st M 5s 1953 ser A J&D Certificates of deposit.. Acadia Sugar Kef 43*s 1955.A&O 6s Bid Bonds Ask INDUSTRIAL AND MISCELLANEOUS BONDS Adams Exp coll tr g 4s Coll tr g 4s 1947 "and interest" except where marked "f" and income and defaulted bonds 82 51"" - $ Called Apr. 4 at 105. b Basis. 85 88 /This price includes accrued interest, k Last sale, n Nominal, r Canadian price. INDUSTRIAL 82 MISCELLANEOUS & BONDS NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Bid Bonds 110*$ 1948—A&O Gen Plastics 1st s f 5s Gen 993$ 1940-.Aotu 70 671$ 45 93 64 103 Good Hope St & lr Wks (Oerrny S f g 7s Oct 15 1945—A&015 68 1043$ 35 48 101 102 1001$ J&D 1956—--—J&D Deb g 6 1945 101 1013$ J&D - 683$ 40 -M&S 1st mtge 43$s Gordon Baking Co (Mich) 5s series B 1945-50 -— 90"r 18 Conv deb 4*as ser A 1941 Godchaux Sug 1st s f 5s 47-M&N Gordon-Pagel 6s 1940-1944—J&D Gotham Silk Hosiery— 1946 -----M&S 6s 42-A&O 1st 6s 43-F&A Granby Consol Min & 8m 5s 1942 Grand Rapids Motor Coach-— Cum income 7s 1962—--M&S Grand Rapids Operating Corp— 6s extended 1942 «&J Grand Rapids Stores thst* Equipt Co deb 5s 1949-—F&A 851$ 1001$ 5 f deb 5s w w Gould Manufacturing 93 95" 45 961$ 75 Rygerminal 6 Cold Stor 1st 90 44 Graham Paige Co Trunk 63$s 1952-A&0 / 20 Generating— Granite City 743$ A&O 5s. 1963.. Granite City Pig Iron— Cum inc 5s 1943—- — Knight 4*$s Great Lakes Paper Co -M&S / 51—J&D Graton & Ltd 763$ 41 44 98 993$ 79 121$ 47 50* 95 *$ 991$ 16 1947—M&N ipoys Hamilton By-Prod Coke Ovens 1st s f 5s ser A 1955———M&N Ham'd Standlsh 3-6s Hansa 98 Steamship 100 99 84.3$ 863$ 25 1947--A&O Lines— - 1947-M&N 46.A&0 f 1st & ref 5s 1964 Ctfs of deposit 1st & ref 5s 1974 92 72 6s'48--J&J Hoe (R) & Co 5-7s 1944 ws.^A&O 43$-63$s 1st mt£0 1944—. A&O Timber Line 6s\4 7..M&N 80 82 45 50 723$ 743: 520 Holly Sugar Corp 2s 1939-.-A&O 993$ 1st 2Mb 1940 A&O 983$ 1st 3 3$ s 1941 --A&0 973$ 1st 3*$s 1942 A&O 913$ 1st 4s 1947— A&O 80 Home Serv Corp 6s 1957---- A&O Home Service (Portland. Ore)—1st coll 3-5s 1950 —A&O } 26 Housing & Realty Improv— 7s 1946 —M&N t 193$ Houston Oil Oo of Texas— 101*$ 10-yr sec s f 53$s 1940—-M&N Hudson Coal 1st 5s 1962 A__J&D 31*$ Hudson River Day Line— 65 S f 1st mtge 6s 1946---—J&J 17 2d mtge inc 6s Feb 1956-----Hungarian Central Mutual Credit Mfg 7s 1937—-—J&J 73$ Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 ——__J&J 73$ Hungarian-Italian Bank Ltd— 73$ Sinking fund 7 3$s 1963—A&O Hygrade Food Products Corp— 60 1st & ref 6s Jan 1949 A—A&O 6s 1949 series B— J&J 613$ Ice Service 1st 63$s 1939 90 J&D 100 100 993$ 983$ 92J$ 84 104 1940--A&O 1948—F&A fk 38 108 Independent Brewing 6s '55-J&J Illinois Steel deb 43*8 Ilseder Steel mtge 6s •5 50 60 Internat onal Match Corp— Deb s f 5s 1947-.M&N Certificates of deposit. _ — - Conv deb 5s 1941 J&J15 Certificates of deposit Internat Mercantile Marine— 1st M coll trust 6s 1941..A&0 64 93 95 96 108 84 5H 14 5*$ 14 563$ _ — 1083$ * 95" 23*$ 25 993$ 58*$ 59 92 22% 21" 503$ 443$ 19 60 163$ 1st coll mtge s f 4s 1965—J&D Natl Tool conv deb 6s w w '42F&A Nat Union Mtge 3-6« A '54._J&J 105*$ B 1954 91 84 J&J 983$ 55 New Niquero Sug 3 3$s 1940. .J&J Newport Industries— Subord notes 5s A 1947-_J&J Subord notes 5s 1947 J&J N Y Duck Go—1st g 4s '51-F&A Conv 5% notes 1947 NVLE&WC&RR— 30 88 88 54 A&O / 100 55 533$ / A&O 1st 6s ext 53$% 1942 —_M&N / NYLE&W Dock & Impt— Extended at 5% to 1943-_-J&J N Y Shipbuilding 1st 5s *46-M&N New York Trap Rock Corp— 54 50 983$ 1st mtge s f 6s 1946 J&D 6s stamped w w 1946 J&D Partic deb 2d mtge 7s 1946 J&D N Y World's Fair 1939— 1941 73 78 74 J&J 81 Nivelle Corp 4s 1952 M&N 47 Nordberg Mfg Co 1st 6s 1943M&S 93 79 128 1283$ 121 130 48 943$ 99*$ 1093$ 100*$ 20 10 ~ — — — 101 1103$ 101 129" 1263$ 73 403$ 403$ 253$ 26 84 293$ 50 M - - — 4.50 4.50 4.50 4.50 95 M&S * 85 M&S 27 25 20-yr s f 6s 1947--New 6-4% 1947 M&N .M&N Refrigerator Line Equip trust 4s ser I Jan 1 '40-'43 Equip tr 4s ser J 1939-46-J&D Eq tr 33$s ser K 1939-48—A&O North 993$ 46 Western 3.50 3.75 3.75 Northern Elee & Nor Pap Mills— 1st 4s 1940-47 —_M&N — 1st mtge 5s to 1948 48 8l" 1013$ 50 60" 87*4 88*$ M&N 106*$ 61 104*$ 1003$ 623$ 98 98 Miller & Hart Inc. deb 6s '43.J&J 893$ Miller & Lux Inc 1st M 6s '45A&0 92 M&N Debenture 6s 1943 M&N Northern Redwood Lumber— 6s 1937. J&D 60 1945---A&0 Memphis Commercial— Appeal 43$« 1952 M&S Mengel Co conv 4 1947—M&S 1943 Income 63$s 1953- F&A J&J 1st conv 4-5 3$8 to 43t»s Aug 1 #39-'4643$s Nov 25 '39-"43 3$s 1939-47 J&D15 5 3$s Jsept 1 "39-'44_ Nortn Amer Cement Corp— Deb 63$s A with warr '4Q-M&S 63$s 50 103*$ Equip trust Equip trust Equipt tr 4 Equip trust Nor Amer Refract 63$s 1944-J&J North German Lloyd— 13 50 60 — North American Car—• Medusa Portland Cement— 93 80 73$ / N'westPub'i Deb 43$» 1948-J&J Northwestern Barb Wire Co— 92 1st mtge s f 53$s w w 1945-F&A 53$s without warr 62 1945.F&A 62 Norwestern Term Co 5a '48..J&D J Nova Scotia S & O 5s 1959._J&J f 29 80 6s perpetual stock 1st conv s f 3 3$s 1963 J&J f J&J O'Connor Moffat deb 6s '38 F&A 30 79 3$ Inc deb 73$s (w a) Aug 1 1953Oregon-Am Lumber 6s 1942-A&O Oregon Pulp & Paper 6*$s to Apr 30 '37. 6% to 1945—M&N Oreg Terminals inc 5s 1945 A&O Orono Pulp & Paper— 6s stamped 1943 J&J Osgood Co deb g 6s 1943——J&D Oswego FallsCorp 4 Ha 1952.M&S 97 —_ ■ 73$ — 23 28 52 mm ~ - — 40 50 26 35 96 973$ 73 1st 6s series B 1948 1st 6s series C 1950 M&N 5-yr 6 % notes 1931 M&S Missionary Sisters (Waukegan, 111) 1st ref 3 3$-4s 1951—A&O 983$ T" f 6s 1940 40 40 96 7-yr div notes 3J$» 1943—J&D 7-yr dir notes 3*$s 1944—J&D 96 Panhandle Eastern Pipe Line— 1st mtge & lien 4a 1952—M&S Paramount Famous Lasky 6s 1947 118 25 Paramount Publix 118 263$ 263$ 263$ Paramount Pictures 6s -__ mmm _ mi 10b 104. 1955-J&J M&S Parmelee Transportation Co— deb 6s 1944 104 1013$ 863$ A&O 52 Paton Mfg Ltd 1st 4 Ha '56-M&S Peabody Coal Co (Consol Co)— 95 1st 78 5}$s 1950 Conv deb 3*$s 1947 S f 6 May 1 at J&D Pan Amer Petroleum & Tranapt— 60 233$ 253$ 253$ 253$ d Called 80 35 J&D15 / Certificates of depoalt.... / conv s - 73 3$ s f 4 Ha A 1962—J&J Oxford Miami Paper 6s 1947-F&A Pacific Atlantic SS 2-5s *43-M&N / Pac Coast Cement Gs A 1942-J&D 1st » 94 Pan-Amer Industrial 7s '37-M&S / Pan Amer Petrol Co (of Calif)— - «• / Pacific Coast Co 5s 1946 — — 34 96 90 - mm 343$ 88" mm - 15 m / 88 90 SO 32 86 A&O .J&J A&O - «» / / Without warrants 96 — 94 823$ O'Gura Coal 5s '55 op aft'08 M&S f 12 Ohio Leather conv deb 5s *46. J&J t 103*$ Old Ben Coal Corp 6s (w ■) 1948 26 Otis Steel Corp— / 119 7% gold notes 1935 A&O / 119 Minnesota & Ontario Paper Co— fcBasis. 55 103 104*$ Metropolitan Ice 7a 1954-—J&J Metropol Persons Loan 7a vr-a *57Miag Mill Mach'y 7s 1956—J&D / Middle States Petrol 63$s 1945— 11 106 105 50 22 Gypsum 4 3$s debs 1950 M&N 1043$ 45 23 100 Serial 5% notes 1938 Certificates of deposit 20 H 1003$ 20-yr conv deb 53$s 1950.M&N (Tha) Corp— 1st 6s series A 1935* 1st 6s series A 1945 55 60 M&N / New Eng Laundries 5s 1950.J&J / 5% conv deb 1947 M&S Mersey Paper Ltd 5s 1957—J&D Gen s f 6s ser A 1949 M&S Messenger Corp deb 4 Ha '51 J&J Mosser Oil 1st & ref 6s 1942—J&J Oonv s f deb 6b 1947 J&J 563$ 25 A&O 2-5s series 90 63$ 14*$ 63$ 14*$ 90 1952 Corp— 87 1023$ o— 53$s A 1946.M&N Inc 5s Cum income deb 5s 1946--M&S National 8 tow J 963$ 86 conv conv Industrial Loan 7s 1957 Nat Oil Prod deb 4s 1952...J&D National Radiator Corp— McKesson & Robbins inc— t Called May 1 at 1033$. Quoted in guilders. Called July 17 at 105. z stamped 1948--McCormicks, Ltd, 4s 1952 McCrory Stores Corp— r 5a a f deb 1951 National Eire Prooljnx < Nat 983$ F&A 6s 52 10-yr d°b 4 3$s May 1 '45-M&N d 104®u Conv 33$s debs 1949——M&S 1003$ Without stock Natl Grocers Ltd 4s 1947 Nat 95*$ — Nominal, Deb 6s 1943 with warr 85 104*$ M&N / Natl Food Products Corp— 6s series A with stock 1944 M&N / 94 78 A&O Merchants Distilling 1013$ A__J&J 973$ 1st & ref s r 5s ser B 1947. J&J 973$ Ref mtge 6s 1955 ser A M&S 883$ Internat Pow & Pap of Nfld— 101 1st M 5s 1968 -J&J 1st 43$s 1968--J&J 1013$ Internat Salt g 5s 1951 opt. _A&O * Interstate Deb Corp 2-5s Jan 1 *55 493$ Interstate Zinc & Lead deb 7s '32 / 18 Iron City-Ohio River Corp— Iron City ser 6s Dec 1 '48-F&A / 18 Ohio Riv. ser 6s Dec 1 '48-F&A / 83$ n 43$s A 1949 McCoid Rod & Mfg— 30 30 883-$ f / Nat Dairy Prod 3^8 w w'5i hj&N Natl Debenture Corp 3-6s 1953— National Distillers Products— Cum 103 MeColl FronteaacOil— 1st & coll ; Natl Consol Bond Corp 2-5s 1953. Nat Container deb 53$s '52- A&O 1st M 105 1C03$ 1st M 6s 1945 with warr—M&N 92 Paper— J&D1 1023$ M ead 70 f 5s 1947 ser Isotta Frasehini 7s 1942 733$ 10 McCloud River Lumb 6s "48 J&J 1043$ 102 H 30 46 Massey-Harris lst43$s 1954.M&S 4 Internat Agricultural Corp— 1st & coll tr s f 5s 1942—M&N Mansfield Min & Smelting— 7s without warrants 1941-M&N / Maple Leaf Milling— 5 *as to 1949 J&D Marine Elev (Buff) ext 5b '52M&S Marlon St'm Shovel 6s '47—A&O Mar. 21 103 81 70 64 l6l" 42 70 1st s f 4s Feb 1 1957——M&N Manhattan Refrig 5 3$s 1941-J&J 62 20 102 (Central Funding series) 50 32 20 363$ 2*$ 23$ " A&O Series A & D 40 1283$ 125*$ / Manati Sugar 1st 73$s '42—A&O / Ceitificatos of deposit 101*$ 100 Indus Rayon 43$s A 1948—-vJ&J Inland St'l 3*48 ser D 1961--F&a Interlake Iron Corp— Conv deb 8 f 4s 1947 A&O A&O F&A 1943 J&J / ww Nat'] Acme 4 3$s ext to "46.-J&D J Nat Bondholders partic ctfs— Deb 4s — 6s series C 1946 61 104 (P) Co g 7s 1944—A&0 5s. 1951 -F&A Lukens Steel 5s extend 1955 M&N 1952--M&N Prior lien s 1 6s 1942 M&N Indianapolis Motor Speedway—■ 1st extended 6 3$s 1946—F&A Industrial Acceptance 4s 1952 J&J / J&J 1947 77 66 Line— 1937 Series B & O 183$ Loiillard Indian Refining 5s Dec 1 1941--. Indiana Ice & Fuel 63$s '47.M&N Ind Limestone inc 6s conv 95" 80 433$ 343$ — Certificates of deposit Nassau (Ger) Landbank 6V»s 193« 19 F&A Steamship Secured 6s 1937 Deb 63$s Jan. 1 46 193$ 183$ Libby McNeil &Libb 5s *42.A&O Liberty Baking 63$s 1944—M&S Liggett & Myers g 7s 1944--A&O Gold bonds 5s 1951 F&A Lincoln-Boyle Ice 6s 1947—A&O Lindsay Nunn Pub 6s 1944.-M&S Lion Oil 4 3$s 1952 A&O Liquid Carbonic conv 4s *47-J&D Loew's Inc deb s f 3 *as 1946.F&A / Logan County Coal 7s 1942-M&N f 1st ext'd l-4s 1956M&N Long Bell Lunib 6s sei A'42.J&J 6s series B 28 Munson 32 203$ F&A — . s i 954 Leipzig Trade Fair 7s 1953.M&N Le Tourneau Foundation— 4s coll trust 66 81 21 Ctfs of deposit 77 27 963$ 323$ Leonard Tietz—See Tietz 101 93 Munising Pap 6s A &B 1943.A&0 55 Ctfs of deposit Secured 6s class A ext 1943. J&J 100*$ Motor Transit inc 63$s 1952.J&J / 1941 — 57 F&A 20 133$ 98" 30 98 , 93 103 37 86 — 85 99 100 53$s 1942 __A&0 Layne & Bowler 3-6 3$s Dec 1947Lehigh C & Nav fund 4s *48 J&J Cons s f g 4 3$8 1954 J&J Cons s f 43$s 1954 ser C..J&J Lehigh Valley Coal— 1st & ref 5s 1944--.. F&A g 17 80 1st & ref Deb 1 st & ref 5s 92 International f J&D 40 Heywood-Wakefield 5s 1946 J&D Hightstown Rug 63$s w w 1944— 1 Nitrate Co— mtge income 1975 35 58 A&O Holland-Amer 1st Ctfs of deposit A&O -------- Heller (Walter E) 4s ww Helvetia Coal Min 1st 5si Hines Land & An Apr / 91 J&J f Hatfield-Campbell Creek Coal— 1st 61$s 1948——M&S Hawley Pulp & Paper Co— 1st 6s s f 1946---- — - — -J&J Haytian Corp inc 8s Oct 1938— — Hearst Publica 6 3$s to Debenture 5s 1961 90 Mortbon Corp— Coll A 23$-5s ser 1 Col] B 23$-5s ser 2 95 67 78 Lake Superior Corporation— 1st & coll tr gold 5s 1944. -J&D / Lane Bryant Inc deb6s'40wwM&N 102 J&D 1946 _.J&D 25 95 - Ry. Monroe Coal Mining 6s '47.-F&A Montreal Cotton deb 5s '43.M&N Morris Plan sec 6s x-w 1947. M&S Call C 23$-5s ser 3 1951 -J&I) Coll D 23$-5s Rer 4 1956 J&D Moslnee Pap Mills 1st 5s *51 -A&O 363$ 9 119 J&J 1946 Ctfs of deposit shs Harrls-Seybold-Potter— Conv a f deb 5s 19516s with warr for Am Hart Coal inc 6s 1945-- 95 A&O 10-yr 6s 1939 w w— Harpen Mining Corp— 5-6s April 1 LawTence Portland Cement Co— 100 963$ 116 Lake St John Power & Paper— 1st 53$s 1961 J&J 102 99 Gen sinking fund 6s 1956. - A&O Hamilton Cotton 4J$s 1950 -F&A Hamilton Mfg 5s w w 1951--M&S yo Lackawanna Steel 5s 1950 —M&S Lautaro (F W) Printing Co— 1st & coll 6s stmp M&N La France Textile 1st 6s '42.J&D / Lake Erie Bolt & Nut— 96*$ 1003$ 1940-1949-- Keystone Steel & Wire— 3% notes 1939-1941 -M&N 1003$ 4% notes 1942-1945 M&N 1013$ Kings Co Refrig 6s 1942 A&O 66 Kingsport Press 63$s 1939--F&A 993$ Kingston Elevator 1st 6s *50 M&N 1003$ Kinney (G R) ext 53$s 1941 -J&D 95 Kirby Lumber 1st 4s 1947-J&J 16 100 Koehring Co (Milw) 3-5s *45-J&J 72 Koholyt Corp 63$s 1943 M&S / 20 Koppers Co 4s 1951 M&N 1023$ Kresge Foundation— 10-year coll tr 4s 1945 J&J 104 3H!0 coll trust notes 1947.F&A 102 Kreuger & Toll— 5s uniform ctfs of dep 1959 / 73$ 91 Mtge Bond Co (Md) 2-5s Dec 1 '53 * 94J$ 533$ — 81 • 1st • 15s 1955 -rroftMM Grigsby-Grunow conv 6s 36 M&S Groc St's Prod conv 6s 194o_ J&D Gulf States Steel 43$s 1961-A&O Gypsum Lime & Alabast— 63$s 1948 M&S Hale & Kilburn 6s *39 stmp—J&D f Hall 91 Laughlin Steel— 93 3$ 1961—M&S Journal of Comm 63$s '47 J&J 52*$ Kansas Pipe Line & Gas— 1st 5s series A w w 1952 93 J&J Karstadt (Rudolph) Inc— 1st 6s 1943 with Am shs..M&N Ctfs of dep w w stpd 1943— bs stamped (par $925) 1943 bs with warr (par $925) 1943 :::: Keith (B F) Corp 6s 1946—M&S Kelsey Hayes Wh'l 1st 6s '48.J&J 15-yr conv deb 6s 1948 J&J 78 Kentucky Rock Asphalt— 33$-63$s 1945 J&D / 42 Keokee Cons Coke 5s 1959--J&J 96 Keyes Fibre 1st 6s 1939 M&N 100 80 Molybdenum Oorp of Amer— 6% notes 1942 J&D Monon Coal—See Chic lnd & 1> 66 61 Jones & 1st 6s Bid Bonds Ask Mohawk Rubber ext 5s 1948 A&O notes 1942 J&D Jeiferson & Clearfield Coal & Iron Indiana Co 1st s f 5s 1950- J&J 102 Grand Bid 53$% dividend 1st mtge 43$s ser A 41 7s 1945.. L'd Bk 6hf -1948 Glen Alden Coal M s f4s65M&S Globe Industrial Lotm 6s 1955 J&J Globe Wernicke 6s Oct 1 44-J&J Gobel (Adolf) Inc— Atlantic Cable German Bldg & Goodrich (B F) Bonds Jacobs (F L) - 14 1950-MAN Georgia Marble 1st 6s German 613$ 98 3$ 1952—-------A&O Eg deb bs in at i 77 61 Wares— Steel 41*8 ser A 1133$ 68 Gen Hayoiu deb 6h iy48 w w. J&D Gen St J Cast 1st 5*,s'49 w w _J&J General Ask conv s f 5s 1953 ser A —M&N /This price includes accrued interest. 86*$ * Last sale. APRIL, 1939] INDUSTRIAL MISCELLANEOUS & 83 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 preced i g the date of Issue Bonds Bid Penn Amer Coal 6s 1941-56—J&J Penn Mercantile Ask Bonds 40 96 M 98 w w Phelps Dodge 3 Ms 1952 deb 6s Phillips Elec Works 5s 1953. F&a Phillips Petr 3s conv deb '48-M&S Phoenix Iron Istsf 6s 1946.M&N Phoenix Silk Mfg 7s 1943. —F&A Pickering Lumber 6s A '46- -M&N Pierce Butler & Pierce 6 Ms "42 Pine Hill Collieries 1st 6s '42 A&O Piredi Co of Italy con 7s '52 M&N Plttsh Brewing 6s Feb 4 '49. J&J Pittsburgh Coal deb 6s '49—F&A Pittsburgh Coke & Iron Colot mtgeconv 4 M« 1952—M&S Pitts Crucible Steel 5s to '45-M&S s F&A 102 68 60 109 Rilverw'd Dairies 5s '41 to '51 J&J 95 Simmons Co Conv deb 4s'52A&0 96M 6 Simpsons Ltd— 1st & coll 4Ms A 1951 J&J 'kelly Oil deb 4s 1951 J&J Slattery Co 1st 6 Ms '45 M&N Smith (Howard) Paper Mills Ltd 1st 4Ms 1951 J&D Smith (L C) & Corona Typewr'rs Deb 2% to4M% to 1946—J&J Smith & Wesson 5Ms 1948--J&J Socony-Vacuum Oil3Ms'50_A&O Solvay Amer Corp 4s 1954--M&S South Coast Corp— Gen mtge inc 6s April 1950 Southern Advance Bag & Paper— 1st s f 6s 1947 J&D 22 3 • • 3 4M 89 108 98H 97 M 93 M 93 H 105 f 6s 1948 97 M J&J 103 Poor & Co s f deb 4s 1946—-A&O Portld Woolen Mills 6 Ms'41 M&N 98 H 92 1st gold 5s 1957 op 97 M Porto Rican Amur Tobacco— Conv 6s 1942 J&J 6s M&S 38 41 % 96 98 Potomac Bond Corp 2-5s 1953 — Potomac Cons Deb Corp 3-6s '53_ 88 M 54 56 Potomac Deb Corp 3-6s 1953 Potomac Franklin Deb 3-6s 1953. 50 52 55 M 90 58 Potomac Md Deb Con) 3-6s Potomac Realty Atl 3-6s 1953 1953 56 Potrero Sug 7sstmp 1947—M&N Pratt Cons Coal 1st s f 5s '55 J&J 43 M 81 45 Pressed Steel Car Co 5s '51--J&J Price Bros & Co Ltd— 81M 85"" -M&S -M&S -M&S 99 M 99 M conv 1st 4s 100 M 100M 90 92 94 M 96 1st income 6s 1958 J&D Protestant Church of Germany— 83 ■—A&O 19 1946 - .. 100 J 947—M&N 100 M Purity Bakeries 5s 1948 J&J Quiker City Cold Storage— lets 15s 1953 M&N 45 M Radio-Keith-Orpheum Corp— Part paid ctfs (for 6% deb and common stock) 65% paid —. / Debentur 1 gold 6s 1941 J&D / 62M Midwest Corpref 6s 1940.M&N 93 Railway Express Agency Inc— - Prov Paper Ltd 5V£s Serial notes— / 47 103 92 M 93 H 105M 93 93 M 106M 100M 97 99 100 50 25 8 13 / 2 6 - - - - 36M 104M / '42-A&O / 47 25 «• F&A / «• 105" 100 10M 103 98 50"" 45 93 . Rocky Mtu Fuel 5s 1943 A&O / 15 Rolland Pap 1st 5Ms & '48.. J&D 102 Rolls Royce of Amer 7s 1937 M&S / 1M Roman Catholic Church 6 Ms 1946 / 20 Rom Cath Church Welfare 7s 1946 / 17" 104 Yds 5s 1940- F&A 8t Louis Amuse't 1st 6s *45-A&O — — — 20 92" 30 106M St Clair Furnace 1st 5s 1959- F&A 63.00 St Joseph Stock — — _ — .101 94 St Louis Gas & Coke Corp— i&D / " Saltex Looms Inc 6s 1954--- A&O Saratoga Victory Mills— 6 Ms with warrants 1943—J&J Saxon Pub Wks (Germany)— 1st extl s f 7s 1945 F&A / Gen & ref 6 Ms 1951 M&N / 6% notes 1937 J&J / Sayre & Fisher Brick 6s 1947.J&J / Schoenstadt (H) & Son 6s 1950 Schulco Co 6 Ms 1946 J&J / Stamped (July 1933 coup on) / Guar s t 6Ms 1946 ser B__A&0 / id_ Stamper / Schulze Baking 1st 6s 1945--M&S — 17M 18M 60 St L Rky Mt & P 5s '55 stpd J A J St Paul Un Stk Yds 5s 1946. A&O 64 103 M 30 35" 72 9 11 21 17 M 31 28M 90 92 123 107 M Mfg Co 5Ms 1945..-J&J Scripps (E W) deb 5Ms 1943 F& A 102M Scullin Steel 1st 6s 1941 A&O / 73 1st conv 3-6s 1951 A&O 55 98 M / 1st 7 Ms 1943 M&N Wabasso Cot'n 3 M~4Ms '51 F&A Walker (Hiram)-G & W— Deb 4 Ms 1945 J&D 21 104 105~" 100M 104 % 10 103 M 104 M 6M — •— — — — — — — 56 M 99 M 104 M - 1st 6s A&O 73" ly44. s 83 62 101M 91M 75 40 25 26 42 H 43 j 1941 f deb 6s M&S/ M&S/ 5Ms notes 1937 (S D) Co— 40 43 Warren 103 1st mtge s f 4Mb 1952 Conv deb 4 Ms 1952 104M 18 Webster U&O West ' 97 25M 87 90 85 90 '42 6s West Tndies Sugar 6s 97 100 M&N op M&S 1940--J&J 1st g os Disinfecting M&N 1947._A&O West Va Pgh Coal 6s 1947 Pulp & Paper 4 Ms *52 J&D Western Newspaper Union— Conv deb 6s 1944 F&A W Va 13 M 98 Debenture 4Mb 1945 Wheeling Steel Corp— A&O 1946--A&O A&O 61 Q Feb 101M 99 92 3 106 56 50 Weyenberg Shoe Mfg— F&A 100 1st M 35M 38 81 68 53 99 M A B Certificates of deposit 5-year 7s 100M ser J&J M&S 1952 A 1955 17M 85* Conv debs 3 Ms 1947 83 J&J -A&O 103 M&S 76 101 Winslow Bros & Smith— 5Ms 1943 Wise Lime & Cement 6s '38.A&0 70 Witherbee Sherman Inc— Extend income 6s 1963 68 24 H J&D Wood (.Alan) 25 106M Woodland Farm Dairy— 6w w 1944 106M 62 66 125 127 Woodward Iron 1st lien 5s '62J&J 2d conv inc 5s 1962.-Ann Apr Woodward & 102 103 103 91M 94 93 92 104M 102 M 90 J&D 84 M&N —M&S 104 . 91 Youngstown Sheet & Tube—■ 1st M s f 4s ser C 1961 Conv 4s debs 1948 104M 76 EXCHANGE 101 100 105M 27 19 SEATS No. Last Sale N Y Stock Exch 1,375 $60,000 N Y Cotton Exch— 450 8,500 N Y Cof & Sug Ex_ N Y Curb Exch ' 344 550 65 75 Commodity Exch— 965 Baltimore Stk Exch 1 56 M Boston Stock Exch. 2,700 10,000 139 Chicago Bd of Tr_.1,549 Chicago Stock Exch 354 925 800 4,000 1,500 1,700 6.500 2,400 "800 2.500 76 93 58 M 60 94 Cleveland Stk Exch 41 39 40 Detroit Stock Exch 64 49 52 Ft Worth Gr & Cot 66 213 400 350 Kan City (Bd of Tr) 54 600 100 101 Los Ang Stock Exch 75 4,000 1,000 101 103 Milw Grain & Stk. Minn Ch of Comm. 177 523 1,000 115M 108M Minn-St P Stk Ex. 19 Montreal Stock Ex. j/80 114,1u ' 102 M J&J A&O 6s 1942 107 98 ' 56 Tier nan Print— York Ice Mach 6s 1947 Debenture 6s 1943 98 105M J&D J&J 3 Ms series A 1942-1945—J&J 4s series A 1946-1947 J&J 4 Ms series A 1952 J&J 101 M&S M&N lr & St 6s 1944-A&G Woods Mfg Co Ltd— 1st 3s to 1941 4 M&N 1st s f 5sser A 1956 ...F&A United Biscuit deb 5s 1950—A&O United Olgar-Whelan Stores— S f 5s Oct 1 1952 A&O United Corps Ltd inc 5s 1953 F&A 11M 11 A 1930 Secured 6s 1945 Wilbur-Suchard 4s 2 ser 107 X 23 M 25 97 M 108M 101 99 109 X 500 3~506 150 f,666 1,000 46.000 New Orl Cotton Ex New Orl Stock Ex. 500 Phila Stock Exch__ 98 3,800 1.350 200 Pittsb Exch. 100 750 500 St Louts Exchange. Salt Lake Stock Ex_ 45 1,250 Stock 70 700 105 800 "400 44 500 77 98 San Fran Stock Ex. 69 Seattle Stock Exch 1 32 18,000 250 77 78"" Toronto Stock Exch 113\ 65,000 Washington Stk Ex 40' 335 335 J&J 90 92 463 3,100 2,900 M&N Winnipeg Gr Exch. 91 94 United Elec Coal Cos lnc 7s 1948_ United Drugs 5s 1953 __M&S15 United Grain Growers Ltd— /This price includes accrued 101M 57 M&S A F&A 15-yr 3 Ms deb 1952 J&J Union Rock 1st 6s s f 1947—M&S 94 M Deb 6s 1940 __M&N Wickw Spencer Steel 7s '35--J&J Certificates of deposit Pr lien & coll 7s Jan 1935-M&N Wilson & Co 4s ser 1st 5s 1943-1951 J&J Union Oil Co of California— 1949 A 1966.-F&A ser 82 Ticonderoga Pulp & Paper 6s 194n Tide Water Assoc Oil 3M* *52&Jj Tietz (Leonard) 7Ms x-w '46. J& Tilden Lumb & Mills 6Ms'46M&S Tivoli Brewing conv 5s 1947 J&D Tomahawk Kraft Paper— 1st 5s (with stk) 19ol A&O 1948 4Ms 74 M&N ser f 100M 110 96 M&S s —J&D Whitaker Paper 7s 1942. __-M&N White Sewing Machine— 48 Three Rivers Grain & Elevator— 1st s f 5M» ser A 1951 M&S A - 101M Bros Co— Conv 102M 103 1st 6 Ms 1936 J&J / 70 Refrig & Warehouse Corp— 4Ms 1948 A&O Term Warehouse 2d 5s '42. -J&J 47 M Texas Corp deb 3M» 1951—J&D 106M Thermoid Co 5s w w 1951—J&D 74 5 Ms series B April 1 at 102 Mb Basis. y SO seats, 70 members. Warren 104M Tenn Prod series — 60 M Warner-Quinlan Co 6s 1939_M&S. f Warner Sugar Corp 7s 1939.J&J/ 105M 48 ' M&S Western Steel Products— Gen s f 5s Jan 31 1956 Union Term Coal Stor 6s '39-F&A United Amusement Corp— 103 47 f A&O 20-yr 1st mtge 4s 1955 Warner Bros Pict fis 1939 Warner Co 15 Copper & Chemical— May 1 1942 97"" 93 104M 103 M Certificates of deposit Term 6s 98 Walton Lumber 1st 6 Ms '41 Q-Jan Walworth Co 6s s f deb 1955-A&O 3 Taggurt Bros Co 6s 1914 J&D Taylor-Warton Iron & SteelColl inc 7 Ms July 1 1958--A&O Tenn Coal & Rlt 5s 1951—J&J 5s 37 M 20 Vulcanite Portland Cement— 35 Compress & Warehouse— 1st 2M-4M« ser A 1942—J&J • 31 94 M Union 17M 17M 27 M 27 M 38 5s '49.M&S & Coke Waltham W'tch & Cl'k 6s '43 J&D 21M 65 8M 4 J&J F&A .J&J 18 Trask Timber 1st 3s 1944 J&D Uchi Gold Mines 1st 6s 1941 J&D Ulen & Co— 75 11 70 Sink fund deb 5s 1938—_ Swift & Co 3 Ms 1950 Tenn 95 100 V'icana Sugar Co 6s 1955 Victor Amer Fuel 6s 1940 Victor Fuel 1st. s f g 5s 1953. 89 Conv 6s 4th stamp 1950—F&A Unified Deben Corp 5s 1955 Scovill Securities Accept Oorp 5s '46 J&D ser 55 A&O 5s 1951 106 1948 deb conv 35M Sugar Pine Lumber Co— 1st M serial 6s 1932-1942.M&S / Sunray Oil Corp— conv 95 — 10 94 Struthers Wells Titusville— 1st mtge s f 5Ms w w 1949-A&O 5s 97 101 Vertieutes Sugar 1st 7s 1942-J&D 69 Thompson Pap 6s 1942 / os 43 Certificates of deposit Viau Biscuit Corp 6 Ms '46--J&J 86 53 20 M 20 M 121 Paper deb 3 Ms 1952—M&S Called 83 4® Corp of America— J&J Conv deb 6s 1944 2M — 87 Rueping (F) Leather 6s '40—A&O Ruhr Chemical 6s 1948 A&O / 24 Ruhr Housing 6Ms 1958— J&J / 21 Bafoway Stores 4s s f deb '47-J&D 106M * 69 bridge & Clothier— f 106 Vertientes-Camaguey Sugar— Susquehauna Silk Mills— 11M Vanadium J&D Sugar Estates of Oriento— 1st 7s 1942 ctfs of dep 38 Utilities Elkhorn Coal fis 1918 T&.T Valvoline Oil ext 5s 1947..M&N Conv deb 5s 1941 A&O Van Camp's Inc 1st 6s 1943—J&J Van Dorn Ron Wks 7s June 1 1942 70M Studebaker Corp 6s 1945 J&J Stutz Motor Car 7 Ms 1937—A&O 105M 33 Roberts & Oake (Chi) 6s *44.M&N Roch & Pitts C & I 5s 1946-M&N Ex-interest, 106M 103M 1st coll Stinnes (Hugo) Industries— 7s unstamped 1936 b 60 105M Corp 3 Ms debs '48 J&D Works (Germany ;— 6M8 series A 1951 J&I) / 39 6Msseries C 1951 J&D 6Ms series A 1947 J&J United Stockyards Corp— 87 15-yr coll tr 4 Ms A ww '51 A&O United Wall Paper Fac 6s 1947 104 M Universal Sewer Pipe 6s 1943. J&J 40 Corp— 1st 103 / / / -- 58 ---- 74 A&O Deb 5 Ms A 1943 .Stinnes (Hugo) Straw F&A 1940 7s unstamped 194o 4s ctfs of deposit 2d stamped 1946 90 U S Steel 99 J&J 4s ctfs of deposit 1936—J&J 97 1 2d stamped 1940 J&J 100M Strange (John) Paper 6s '44--J&J 95 Riordon Pulp & Paper Ltd— 1st 6s June 30 1942—J&D30 River Raisin Pap 1st 6s '45--F&A x 97 M 100 Stillwater Worsted Mills— 102 M 100 12 1.13 Litho 6s 1950--A&O f 1947 Stevens & 98 Richmond Hos Mills 7s 1948-F&A Scott e 104 J&J M&S / 16 84 Stanley Co (Camden) 6s '40 J&D Stanley Crandall 6s 1946.-F&A 94 Stanly-Rowl-Clark 6s 1946—F&A 94 Starrett Corporation— Secured cum inc 3-5s Apr 1950- / 23 M s Print & M&N , 1943-J&J S'west Lumb Mills 5s 1955—M&N Spang Chalf't & Co 1st 5s '48 J&J Springfield Ice 7s 1944 J&D Square D Co deb 5s A 1945--F&A Staley (A E) 1st mtge 4s '46-F&A Standard Ice 1st 6s 1947 F&A Standard Oil (N J) deb 3s '61.J&1 > 15-yr 2Ms deb 1953 J&J Serial notes 1 M% 1943 J&J 2% 1944 J&J 2M% 1945 J&J 2M% 1946 J&J Stern Brothers 6s 6 110 J&J / U S Radiator Corp— conv deb s f 5s 1946 58 105M 103 1944— Steel Co of Can 6s 18M 101M Richmond Radiator 5s 1948 M&N 1st M sf 6s 1947 U S 68" 103 2M% 1947 100 17 Finishing 5s 1944 97 101M Stand Textile Prod 6Ms '42 66"" 64 (Kan City)— ser ser Pipe & Foundry Co— Conv deb 3 Ms 1946 102 M Products— 5s 98 Richmond Cedar Works 6s 1953- Rima Steel Corp 1st s f7s '55 Dairy Conv income - 98 104 A&O 1950 63 Richfield Oil of California— Conv s f 4s 1952 —M&S Richmond (Vat Ice 6Ms 100M _ Va% to 2M% 1939-48.-J&D Railway W'houso 4-6s (w-s) '47Realty Bond & Mtge dob3-6s *53. Red Riv Lumber 5 Ms 1938-M&N Remington Rand Lnc— 20-yr dpb 4 M® w w 1958__M&® 4 Ms without warr'ts 195G M&S Republic Steel Corp— Gen mtge 4 Ms ser B 1961-F&A Gen mtge 4 Ms ser O 1956 M&N Purchase money 5 Ms '54. M&N Restigouche Paper Ltd 6s '48F&A Revere Copper & Brass— 1st mtge 4 Ms s f 1956 J&J Reynolds Met dob 3 Ms '51—J&D Rheem Mfg conv 5s 1948—A&O Rheinelbe Union 7s 1946—— J&J Rhine-Main-Oanubo 7s '50 M&S Rhode Island Ice 5s w-s *51—F&A Richardson & Boynton Co— Cum income 4s 1945 J&J w s - 100 U S Va Iron Coal 8 Southwest Produce Term & Cold Storage— 7s A 1946-F&A B 1949,-F&A 1st sink fund 101 Southwestern Devel 4s M&S deb 4s 1957 U S Cold Storage 1st sink fund 6s 103 M 98 1st 5s *41- / f 4 Ms 1967 Southern United Ice Co— 53 2d 67 M 63 United Steel 99 1st leasehold 4 Ms 1946—J&D Southern New England Ice— 1st - 1st 5s 1957 — 25 25 M —-M&N / U S Brighton Mills— 1st gtd 7s 1940 J&D 1st gtd 6 Ms 1940 J&D Sou Ice & tltil conv 6s 1946-F&A Southern Ice Co— 1st & ref 5-8s 1942 A&O Southern Improvement Southern Kraft Corp— Deb Corp— 1st 3s 1940—— 1st 3 Ms 1941-1943 7s 1941 6Ms 1941 100 Southern 37 M 37 M stamped 1942 & Paper Port Royal Pulp 5s to 1941. 98M snesiau-Am Corp Deb 83 100 Signal Oil & Gas— Conv 6 Ms A 1945 M&N Slgnode Steel Strap 3 Ms '45-A&0 5 _F&A Pocahontas Consnl Collieries Pitts Steel -J&J 1940 Bid United .securities Ltd 5Ms 1952 U S Cold Storage(Chg)6s'45-J&J Halskc— 109M 11M 3M 100M 10M 3M 99 M 108M 103 M Bonds United Merch & Mflrs 6« 1945 J&D United Industrial 1st 6s 1945-J&D / . 80 M / / 400 7s 109 ...M&S 1949— 104M J&J Deb g s f 6 Us '51 with war M&S Deb 6s 2930 Ann Apr 36 Phila & Bead C & I 5s 1973.-J&J Conv 104M Siemens & 106M M&S J&D 1943 107M Istsf 6s 1947 Pettibone Mulliken— 6s Ask 107 Servel Properties— Secured s f 3-4.s 1961 J&J Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.M&S15 Pennsylvania Glass Sand Corp—1st s f 4 Ms 1960 J&D Bid Corp 5s 1948 J&J Shell Union Oil Corp— 15-year 3 Ms debs 1951—M&S ■theridau-Wyoming Coal Co— 90 interest. 76 96 90 k Last Seattle Curb & M. j sale. n Nominal. r Canadian price. 25,000 s Sale price. Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Par Stocks Ask Bid Drayton Mills. ... 20 Dunean Mills 20 7 % preferred- -100 Durham Hosiery— 6% preferred.-100 Dwight Mfg—12 % Eagle & Phoenix MEagle Yarn—----Easley Cotton Mills 7% preferred Efird Mfg 100 Enterprise Mfg Co. Erwin Cotton 20 97 Industrial Stocks 23 20 Amoskeag Co.. Preferred- 63 _ 100 Arlington Mills Beacon Mfg— 23* 22 100 84 Spinning Co * * * 5 6 32 40 35 17 % 75 20 5% preferred 7% preferred Bigelow-Sanford Carpet common.* Preferred. 100 Border City Mfg 100 --* Bourne Mills Brighton Mills— Preferred 100 Dexdale HosieryPreferred. ....100 -* 100 General Cotton—* Gosnold M (N B) * Preferred 100 — preferred-25 Hathaway Mfg. .100 Kilburn M (N B)-75 Luther Mfg 100 Prior 1 Preferred-.-.8.60 Martel Mills Units — Mohawk Carpet- .20 Mt V-Woodb Mills Canadian 109 Can 31% 9% 34"" 41"" 7 9 37 42 16"" 7 % preferred-. 100 7* 12* -• ... gulssett Mills—100 ich Borden Mfg Co (F R). * Saco Lowell Shops Common.....—* Preferred A....20 Preferred B 20 Sagamore Mfg (F R) 100 Sanford Mills » Saratoga Victory Mills common...* Preferred...—..* Soule Mill (N B).100 Utica & Mohawk Cotton Mills.. 100 Wamsutta M—100 Admiralty Alaska Gold Mining 1 Alaska Juneau Gold .Mining 10 Amer Zinc Lead & 30 90"" 95 30 35 53 Ariz 31 35 7 9 30 "7% J% 15 17 30 Bulolo 5% 8 10 107 112 94 82 23 24 10 11 — — 81" 3% 7 5 7% 6% 13% 13% 15 5 9 41 60 Central Eureka 78 80 Carnegie Metals 55 55 Clear Creek Cons— Common 10c 45 Consol 100 25 30 28 98 40c" Cotton 1.00 Eagle Pith Lead. .10 57 80 85 1% 7 % preferred Zinc, 75 60" 82 65 87 55 61 105 115 23 26 m m. 51 33 100 87 .... 36" 21 Arcade Cotton Rowan Cotton Mills Saxon Mills— 50 100 23 95 25 20 Avondale Mills.... 1 Beaumont Mfg—.— Southern Franklin Process com 7 93" 10 10 86 19 23 Burlington Mills— 1 Calhoun Mills..—50 Callaway Mills * Cannon MillB * Ohadwick-Hoskins 13 Spartan Mills 100 Startex Mills 20 Sterling Spinning— Stowe Spinning Textiles Inc com..10 Class A pref-.. 100 Class B pref 50 45 18 21 30% 34 10 5 8 8% preferred--100 China Grove Cot— Chlquola Mfg..-.20 6% preferred Clifton Mfg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) 70 78 Common ..... 100 Converse (D E).100 40 45 Co—..— 75 20" 70 90 100 50 56 70 77 Crescent 30 38 13% 1% 16 Dari'gton Mfg(SO) 5 Cowpens Mills Spinning.. Dallas Mfg (Ala) 100 2% Victor-Monagh'n 100 7% preferred-.100 Victory Yarn Mills 1st M 6s Jan 1941 Wallace Mfg Co., Ware Shoals Mfg 100 7% preferred-.100 Washington MillslOO Wellington Mills. * 17 a Purchaser also pays Without par value. accrued dividend. 38 % % 50' 60' 6 8 5 11 65 14 30 35 115 123 1% 30c 32% y 10c 20c 1% 34% 75" 85 93 98 110 116 8 6 65 w 20 / Flat price. 35 1% 5% 6 Lucky Tiger Comb Gold Mining...10 Magma Copper ColO Mayflower-Old Colony Oopper.25 28% 30 10c 20c 51% 7% Copper ..5 Mining Corp of Canada.. Mother Load Ooali'n 52 55c 1% White Knob Copper Preferred 10 Wright Hargreaves Mines 3% * 7% 1 REAL ESTATE TR A LAND STOCKS BdofTr Bid Tr.100 Bos Gr'd R'T Tr 100 Bos R E T(Bos)_100 17% 16 a a Cent 100 a Chic R ETrus's. 100 a 7 City RET (G)_.500 Congress St Associ¬ ates (Boston). 100 Factory Bldg Tr.100 Fifty Associates (B). Hotel Tr (Boston) 100 Kimball Bldg Tr 100 a 100 . 30 16 26 a . Bldg_Tr 5 .... a 3 3 350 8 a 3 a a .... a .... TITLE GUAR¬ ANTEE A SAFE DEPOSIT STKS Bankers Bond A Mortgage Guar. * EmpireTitie AGulOO Home Title Ins (NY) Title Guar % 8% Trust A 20 INDUSTRIAL AND MISCELLANEOUS B Stove ..* Abbott Lab'tories.* % __ 58 123% pfd 100 Abbotts' Dairy. * $6 preferred 8 . 12 68 75 Aberfoyle Mfg.. 100 73 12 7 8A 5 Abitibi Pow & Pap_* a 7% 6% preferred .100 . % 59% 149% 17 Abercrombie A Fitcb Common l 4% 7% preferred—100 5 Abraham A Straus Acme Steel 25 Acme Wire v t c__20 Adams (J D) Mfg__» Adams Express. Adams Millis Adams Oil A 8 38 42% 31 33 23 28 8 6 7% 7 __ Gas.* 6 23 8 20 23 21% Advance Aluminum 2 Advance Rumely.. Aeolian Co— 3 4% 6 16% 3% 3% 7% 6% preferred A-50 7% 2% 2% com Class A 1% 29c 4 * * Aeronautical Corp.. .1 Aetna Bail Bear rV* 1% Brewery 22 Aetna Rubber Aetna Stand 50 _ 26 Ainsworth Mfg 5 Air Associates..—! Common ...» Preferred .....100 r Canadian price. t New stock. r r 3% - 9% 1055 5 6% 9 % - - 8% 20c . 3% 30% Agfa Ansco 1 Agnew-Surpass Shoe Aircraft Precision Air Devices Corp-.l 4 35 * Engine* 72 7 51 25% ..10 121 5c 1 69% Preferred 100 N Y A Honduras Nominal. 5 a a Bos Stor W'h'se.lOO Boston Wharf. 100 Aetna Jersey Zinc. .25 n 1% 5 .... Class B._ 22c N ewmoh't Mining. 10 New River Co 100 k Last sale. 100 Aero Supply Mfg— 1% Mt City Copper 1.5c National Tunnel and Mines com..* Rosario. % , Utah Metal A Tun. 1 Walker Mining 1 Castings Miami New % 11c Addressograph Multigraph Corp...10 72c ■ McIntyrePorcupineS 83 115 1% 68c AliOOS 45 . United Verde Ext50c Utah Copper Co. .10 40c 31% 3/ 83 Woodslde Cotton.20 * 18% 116% 10% 6% % 19% Lane Rincon Minesi Lava Cap Gold Mini Louisiana L'd A Ex 1 19 41 30 ... —. 10% 20 Mining—1 Lake Shore Mines. 1 36 Preferred 100 West Point Mfg. .20 Winget Yarn Mills Mtge 6s Wiscassett Mills. 30% 6% 5% Kennecott Copper.* Kildun Mining....1 14 115 Union-Buffalo Mills Common -.10 1st 7% pref... 100 2d 5% pref—100 5% 1% % 8% Silver-Lead. 1 Sunshine M Ining. 10c 4 % % conv $6 preferred 1 Isle Roy ale Cop.-25 Jardine Mining .1 7% preferred--100 3 6% 4% Min Kirkland LakeGold 1 81 78 61% 46% King David Min.50c 42 Southern Weaving.* Southern Worsted 11 37 eferred "5% of New York Warrants Island Creek Ooal.l 8 80 99 3 98 5 7% preferredlOO Mills(SC).25 p 60% 29 % Copper 4 Preferred.. Bibb Mfg -100 Brandon Corp A. 100 Class B— 7 % preferred- .100 7% 7% 13% * Bay Internatl 6% * 5 Silver King Coal—5 - Inspiration Cons 100 75 - 5% m 13% 46 A Smelting.. 104 T" 8c 1 42" 38 Idaho Md Mines. _1 Illinois Zinc .* 75 - 5% 6 Hudson 69 Preferred 103 32 12% Howe Sound Co 10 6% preferred--100 Smyre (A M) Mfg 10 7% preferred... Southern Bleachery & Print Wks—-.* 96 40 Copper Co 100 Hecla Mining 25c Hollinger Mines.._5 65 — 60 13% _ Seneca Copper Shattuck Denn Homestake Mines 25 Common 87 Power common..5 Greene Cananea Riverside & Dan Kiv 2% 2% Granby Cons MSA 99 7% preferred--100 100 99 m 100 Inc common 94 31% 9% Federal Mining & 3 preferred_.l00 Mfg 20 Poe (F W) Mfg_ .100 Rhodiss Mills 7% pf > 4% 1 % E vaiis-W allower 54 7% preferred Piedmont 6% 49% Evans Wall Lead- 35 Pickens Mfg snares. Mining Co.. 5c Smelting com.. 10 7% preferredlOO 6 Bolton 9 27 54 50 100 Antelope Min Yukon Pacific % 31 26 9 Acme Spinning—— Alabama Mills * Amer Yarn & Proc.. 7% preferred-.100 Anderson Cotton Mills 100 Appleton Co * 4% Gold Min &M..1 Cusl Mexlcana..50c Dome Mines Ltd..* 103 60 . 3 47 48 Copper Canyon. 10c ..* Cornucopia Gold-5c Cresson Consolidated 40 Marion Mfg Co Marlboro C Mills. .4 May Hosiery 100 $4 preferred Mills Mill pref—100 Monarch Mills. .100 Copper... 5 Cons Min & Smelt .5 Perfection Spinning. 1% 6* 30" Copper Range 25 35 1 Mills 25 Copper 2 31 27 Chile Limestone Cot Mills Linford Mills 2% St Anth Gold M 1 St Joseph Lead...10 37% 25*' 98 Riverdale Mills— Preferred 36% Golden Cycle GorplO Goldfield Consol Mines. 8% % 3% 40 31 ¥< 3$ * Copper Corp 40 Pacolet Mfg 1% 5% 1 Norris Cot Mills Southern Mills Abbeville Mills 1 Chief Consol Min_.l King (J P) Mfg. .100 Bleachery & Dye Works com 10 7% 6% 5% % Central Am Mines. 1 50 45 67 1 29 1 1 Newberry C M..100 22 3% 1% Zino-Lead Co Orr Cot Mills...100 % 38c 8 1% 2% So Am Gold A Plat. 1 Calumet & Hecla..5 Musgrove Cotton— 69 g 7 1 . Tonopah Mining.. 1 Union Copper Land A Mining 25 31 93 Nat Yarn Mills 18 % . 13% 15 34 Roan Ltd Amer 10 Sup 30 37 26 23* 5c 28c 1% 9% 2% 2% * . ......25 12% 3% Lanett Mooresville Quincy Butte A iS* Majestic Mfg 3% 14 Pocahontas Premier Gold M 28 87 Laurens C M 3 77- - 1% 9% 2% 1% Pond Creek 98 Judson Mills A pf 100 Preferred B 100 — 9 4% 1 5 Amer shs ctfs..lO Pioneer Gold Ltd.. 1 Polaris Mining..25c Cerro de Pasco 6 61 5c Bunker Hill 6 Sull'n M A C2% Butte Cop & Z Co.S 70 Inman Mills Preferred 1 21 Stand 74 8 25 8 58 18% Mining ..10 Pacific Tin special.* Park-Utah Consol Mines 1 Patino Mines A 24% Cotton Mills pref 6 % 13 22% Callahan 22 30 Gold ing, Ltd Mills— 4% preferred $3 prior pref Highland Pk Mfg 20 6% preferred Imperial Yarn...— Industrial n* Mining Com..25c Preferred B 50 Oriental Consol Dredg¬ 5 Henrietta Mills— 3 10c 40c 10 Black Hawk Consol Mines—1 25 5 41% 7% s% 4% 20% 23 % 1 Com stock Granteville Mfg..20 Grendel Mills— Preferred.-..-.20 6 12% 5132 Bagdad Copper...5 - 6% preferred—-- 4. 2c Austin Silver Min_.l Gossett Mills Hartsville Got Mills. 12 7c 30c Enterprise— 26 pref— Hanover 20 40 STOCKS Mills .100 50 10 Knit-5 7% preferred--100 8* 3* 100 110 MINING Hanes (F H) Patchogue Plymouth Mills S3 cum pf_.l Pepperell Mfg__-100 Pierce Mfg 100 Pilgrim Mills 100 Plymouth Cord—100 Powdrell A Alexander common 5 108 Hamrick Mills— 56 98" .100 r 128% 12 Gainesville Cot Mills 1 Pacific Mills _ Ltd com.* Smelting—__ 1 $5 prior conv pf 25 AnacondaCopMin 50 Andes Copper M.20 - Gaffney Mfg 17 12 40c * Oklahoma Interstate 40" Montreal Cottons. Preferred 100 Preferred 9 Fulton Bag & Cotton Mills * 6m 4% 63 Wabasso Cotton...* r 100 7 66% 3 % 60% 18" 6 Glen wood 35c Utah.. 1 Old Dominion Co.25 103 150 Penmans 96 8% 7% 1% 76% 2.50 5 North Butte Ohio Copper of Converters. 100 _ . 76 Nipissing Mines Domin Text Ltd—* Preferred 100 share Per Mills Can Cottons Ltd 100 Preferred 100 10 % Bid Par Noranda Mines 5 30 Co—10 Conv Stocks Ask share 99 81 10 Bid Per 7 % preferred Florence Mills—100 Flint Mfg 39 preferred—1 Nonquitt M (N B)_* Serial notes 5 100 2nd 6% preferred-.100 Finish Co Par Stocks Fairforest 6% Preferred 100 Nashawena M_—_* Nashua M (N H) 100 Preferred 100 (Baltimore) Ask share _ „ Preferred Berkshire Fine Draper Corp Farr Alpaca Bid Per TEXTILE STOCKS Northern Mills Algonquin Print. 100 American Mfg—See Par share Per - - — 3% 32% 11 110 6% ,7 12 % x Ex-dividend. april, 1939] industrial Quotations for all securities Stocks Pat Bid Ask are as near Stocks Par 47 34 Air-Way Electric Appliance Alaska Pac Salmon* ctfs trust 50 34 534 59 Am Laund Mach_20 Am Mach & Met..* Am Maize Prod * 434 Alberta-Pacific class A_..* 1 'referred 100 J 6 21 4 5 13 16 7 9 134 In- 8% pref-. 100 Steel com.* Preferred 100 Algoma 53 234 57 Allegheny Ludlum Steel Co. 7% preferred..100 Allen Industries Alientowr. 16 34 Com..* Cement pref Alles & Fisher American PianoClass A 10k 1434 1034 34 5 * 1534 Alpha I'ortl Cem. Altorfer Bros— 2134 * Aluminum Ltd * 6% preferred.. 100 leather 1 6% conv pref. .50 Amalg Sugar 1 5% preferred 10 Amarel Corp 100 Amerada Corp * Amer Agric Chem.* Amer Air Lines 10 American Arch * Am Bakeries pref 100 Class A ._* * 10 6% preferred 50 Bemberg com.* Am Preferred 100 Stand 8 Common .18.50 American Screw. 100 American Sealcone_5 Amer Seal-Kap Amer Seating American 15k 32 7 % preferred.. 100 Snuff. .25 6% 7% preferred. .100 4 32 Am Sumatra Tob__* 101 107 Amer Television 10834 lk uk ik 110 Amer Thermos A__* ^ok 75 56 34 134 1534 2 6 125 573a Amer Thread 6% preferred..100 Am Transformer. 10 Am Type Found.. 10 7 % preferred 100 7% preferred.. 100 Am Chain & Cable.* 5% preferred-.100 Chicle * 4 Class .v* Pref 67 1134 '7 k Axton-Fish Tob A 10 tation Corn 13 k 234 934 793-J 134 334 6 k k 7k 1234 k 534 1134 30 k k 6k 1234 Baker 36 36 k 135 k 13134 6334 31k 33 14934 2234 2234 9 7% pref old... 100 7% pref new 30 Warrants Baldwin Rubber 1 Bancroft (J) & Sons* il* iim 1834 8334 80)4 1634 lk Preferred 100 Bankers Industrial— 17 134 Service cl A 1 29 59 6034 354 Barber Asphalt 10 Barber (W H) Co__l Bardstown Distill 1 8134 Barium 83 Steel com.. Barker Bros 3k 80 8134 150 k | _ 15034 ik 2034 3534 34 k 734 1 14 k 103 115 1 934 134 1538 11534 12034 Amer Cigarette & 434 1134 H 4 _ .* Basic Dolomite ;_] 2534 27 Baumann (Ludwig) Preferred 100 41 4i k Hocking Glass $634 Pref common..* conv pref..* 1634 11234 * lk Andian Nat Corp..* 2934 mann Corp 1 Anheuser Busch_.20 * Apex Elec Mfg.: Applied Arts Appollo Steel Apponaug Co 100 * 1 10 234 57 734 34 9 ik 634 7 t c v 100 134 Beaton 34 Commercial 6% 1st pref... 100 Am Gyanamid A. 10 734 734 6134 Ark Fuel Oil pref. 10 Armour & Co of Del 8 8 7% 6334 guar pref..100 Armour & Co (111)— $134 834 Beech 119 conv pref. 20 Aircraft.. _ . Bell Aircraft Kb 4k 934 43? * 99 27 7% preferred.. 100 113 115 234 3134 Am Fabrics, Preferred Amer 100 734 100 1234 15 7% preferred..100 57 63 Art Metal Constr.10 Art Metal Works..5 5H 934 107 104 134 i 6 8 Am Furniture 1 134 3 k Corp * Asbestos Mfg com.l k Assoc * 3 43 46 19 21 6 89 93 2234 2434 Hard ware..25 Am-Hawaiian SS.10 34 12 H 7 13 Am Hide & Leath__l 2k 6% preferred. ..50 25 k 30 44 34 45 "lk lk 1734 Amer Home Prod--l Amer Hosiery Amer Ice Co Amer Insulator 10 25 » 6% non-cum pflOO Amer 1 G Chem A_* 334 17 86 * 90 1 preferred-.50 $1.50 prior pref. 10 Am Internat Corp.* 35 Old -.,234 19 16 4k 434 Amer-La France & Foamite Corp..10 Warrants 1 k 9 34 10 13 k 14 34 334 k 334 17 £1 Laundries...* k V t c common.._* k Associated Rayon.* Athey Truss Wheel 4 Atl Coast Fisheries. » Atl Gulf & W lnd SS Lines 934 5 9 A 3 * 434 5 6 6k 17 k 6H 2134 34 4 34 14k 109 k „634 2)4 16 634 "734 6 70 6)4 834 4k 1034 4k 73 k 19k 20 32 35 * . 8k 334 9k 3 34 Vu 2'4 3 134 21H 1034 25 30 134 1134 Mar. 24 71 34 36 4234 44 2034 20 k 2134 2134 2334 2234 Bristol-M yers 5 74 Coupon * * Brit-Amer Tob reg£l 21 Ordinary bearer£1 21 British Celanese Ltd 36 45 35 40 1334 1434 99 101 16 17 111 Amer dep rcts.lOs Brockway 10 634 pf.100 8« Warrants Brown Co 6% Durrell Brown 134 Motor com * 734 34 934 1H Brown Fence & Wire 15 18 100 34 434 9 734 11834 7% 9 4k 1834 10234 lk 5 13 734 122 8 10 2234 734 534 1 A Class Brown 434 pref * 20 534 23 Forman Distillery Brown * Rubber Collender. * — $5 preferred...* Buckeye Pipe L..50 Buckeye Steel Cast * Bucyrus-Erie Co..5 7% cum pref. .100 Class A common.* 3 18)4 634 1934 634 2134 34 4k Budd Wheel Bullard Co. 33j3C 234 15 112 7 75 85 54 1834 51 10 11 21 31 * 36 37 9 8 934 34 Jan. 19 34 Dec. 28 334 3J4 3k 334 3 234 * Hedges. _* pref common.. 9)4 90 10 534 * 48 1 2 14 18 * 5% preferred...20 7 % preferred.. 100 B/G Foods Inc * 7% preferred. .100 — * Inc $2.50 preferred._* Billings <& Spen___25 Bing & Bing -.5 Binks Mfg 1 Bird & Son * Preferred 5934 1634 107 lk 73 49 5934 163i 11034 2 80 14k 15 36 3734 434 334 1 234 12 2 4.34 1334 9434 $3 14 24 Common 56 5% conv pref. .100 122 124 6% conv pf 5% conv pf Canadian price, Bliss (E x 534 25 8h 434 31 934 434 33 334 19 24 2534 11 Watch Tnc Bureo * 25 com Preferred 105 7s Burd Piston Ring.-l Burdines Inc 1 3 * 38 Preferred Burma 334 434 Corp Lidlk 1 2 * 1434 Biscuit. 12 34c lk 134 5k Machine 134 634 com 1 debentureH00 Bus Term Bldgs 7% pref ctfs. .100 'o I 10 Butler Bros 5% conv pref. .30 Butterick Publis Preferred * Class B_ * Preferred * Byrndum Corp_.,..l Jackson * Cable Elec Products >yron v t c 50c 8 7 2034 34 3 50 Byers (A M) com. .* 7% part pref. .100 Byers Machine * Byllesby class A * Calamba Sugar Estates com 634 634 20 1434 234 134 634 734 30 234 8 31 3 55c 65c 45c 55c 4 34 3 34 5 1334 14 % 434 134 16 1334 16 44"" 46"" 50 50 * 10 1034 50 55H 5134 5634 Ilk 12 Campbell __1 25 25 20 * Jalif Pack Corp W) Co- Ex-dividend, 834 * Co 13 i6k 98 15 * com Preferred 50 96 3134 * Bulova New Fdy & Mach com * Black&Decker Mfg * Blaw-Knox 8 17 Bush Term Co 434 Beth Fdy & Mach.* Preferred 50 Best & Co Blauner's 1534 100 Burry Limestone Cement com..* Birdsboro Steel 2034 10934 34 30 Burroughs Adding 7 % preferred.. 100 6)4 12 * Burns Bros com—* 7 Beth Steel (Del) 80 -* Am dep receipts.. 1 Berland Shoe St—* 6 334 1034 Bunte Bros com. .10 234 Industrial Bessemer 7 % preferred. .100 10 Purchase warrants 95 1034 7% preferred. .100 9 18k niture (E G) Mfg..* 19 Home 50 Conv 2 Bucyrus-Monighan Budd 3k 134 Brunswick -Balke- Buda Co com—100 Berghoff Brewing. .1 Berkey & Gay Fur¬ 1034 51 19.34 10834 34 21 25 Registered Benson & 7 40c 80 1934 Ilk Brit-Amer Oil Ltd— Yds Loan common 3834 6 19 25 Inc 53 23 r Class 52 * Nominal, Mfg .100 * Bristol Brass Beneficial Loan Soc * ... 3634 634 n - 52 Beneficial 20c io k k Last sale, Brillo Brinks, $2.50 prior pref..* * 234 34 7 % preferred 534 12)4 7 Class B 10 434 634 5% non-cum pflOO Atlantic Refining.25 4% conv pref. 100 Atlas Pipeline vtc.* Atlas Plywood * Conv preferred .20 Powder Brill Corp class A..* Class B * 434 17 * 51 Bickfords registered B 19 21 Appliance cl A. .5 Am dep rets ord Assoc Atlas Without par value 2434 Class 50 Bendix Assoc El Indus Ltd Felt 8% preferred.. 100 * Ref.l (Can).* preferred.. 100 preferred-.100 1 Amer Hard Rubb_50 Amer Brew 7% preferred..100 Assoc Dry G'ds 1 6% 1st pref—100 7% 2d pref...100 Hair & 1st 2d Arundel Ashland Oil & Am Fruit Growers.* Preferred 50 Am Elec.10 9 5 k 9 4k llart- Hegeman 7 Amer Fork & Hoe..* Preferred Equipt Corp._l Arrowhead Petrol. .1 Artloom Corp * * com 30 195 Forging and Socket 5% preferred Arrow 634 * 164 pref 100 Amer Felt common * Common Aro 1 Common 6 Bender Body com. .5 Bendix Aviation._.5 30 Amer Express—100 34 734 2834 50 38 Equities Co..l Amer Export Lines— 1 Bridgeport Brass..* Bridgeport Mach..* Preferred 100 Brig:s Mfg * Briggs & Stratton.. * Bright Star Elec— Preferred 103 3734 Amer 1634 Common 10134 9o American 13 k 1 Belmont Radio Belt RR & Stk 38 234 2834 Brach (E J) & Sons * Bradley Knitting— 1st preferred.. 100 Brager Eisenberg-_1 Breeze Corp 1 Brewing Co of Am.3 Warrants Aircraft. .1 Bellanca 55 1 Enka— * * com 134 18 3)4 1134 35 Encaustic Casket lk 15 3 36 Tiling Co * * 10 pref..* Amer Bilt preferred ..100 * 7% preferred ..100 A* Arnold. Constable.5 Arnold Print Works Bowm 5 $6 * 39 65 Hotels— Bruce (E L) Co Bruck Silk Mills Common Armstrong Cork Armstrong Rubb 24 36 class A 20 1134 5 ers 12 12 preferred-.100 Beaunit Mills Inc.10 2 26 pf 10 2334 Bondhold¬ 2d 134 1134 22 Amer Distilling cum Roll 37 1134 434 Amer Dist Teleg $2.75 Bower Bow-Bilt 9 3 21 5 pref..* B'r'g.-5 4k 15 10 33 21 k conv pr 134 234 334 Preferred- * 10 _ 34 * 5 A 1 5% preferred...10 Class B Bourjois, Inc. Mills Brown Shoe.. Beech-Nut. Pack. .20 5 100 Botany Worsted 50 Belding Hem'way.. * Belden Mfg com..10 Argo Oil * 40 3 34 434 8 34 Hose com.. Brewster Aeronaut'i 1 k 1234 14 k % 1134 1st preferred..100 k 9 Arcturus Rad Tube 1 19 Woven Rubber 6 1534 19 2134 9 2 23 * 18 Boston 5434 59 2 Amer 17 2134 109 Mfg common..25 Beatrice Cream..25 $5 preferred w w_* Bearings Co (Am).* 22 Alcohol com...20 Am Crystal Sugar 10 3 2034 108 is common * 52 534 634 1 & Cadwell Archer-Dan-Midl'd * 7 % preferred.. 100 50 20"" 22 17 Truck A P W Paper 5% preferred ..100 234 1134 3 24 Boston Herald Traveler Corp.. preferred Boyertown Burial 234 1134 42 k 1834 534 5 34 2034 2 19 20 Borg-Warner Corp .5 Borne 8crymser..25 15 2d 23 2034 1534 1834 2134 1034 Borden Co 1st 101 43 Stores com__l B Common *r Optical com 10 5% preferred. .100 Bayuk Cigars * 7% 1st pref 100 16 k 114 Angostura-Wupper- Animal Trap... Antilla Sugar * r 115 A* 7* 2034 534 434 53 34 42 Bausch & Lomb 6 Paper A Class B 15 35 * 85 Bathurst Power 5k lk 125 Colort.vpe.. 10 ?34 6H 434 American shares. Anaconda Wire Anchor A—* com Common ■ 100 31 * Bohack Realty pflOO Bohn Alum & Br..5 40 Bates Mfg Bath Iron Wks 100 Amer 1834 12 2834 434 132 com 1st preferred..100 80 Bastian-Blessing __* 100 1534 734 1734 634 734 Cigar Co _ 134 534 5 7% preferred ..100 Wringer * Amer Writing Pap.* Amsterdam Trading _ 28 98 Preferred 1 Preferred Amer Coal (N J)__25 16 234 3534 1 Bartgis Bros com._l 6% conv pref..25 .22 4 1734 Stainless 534% pref 50 Barlow & Seelig cl A5 Barnsdall Oil .5 Barnsdall Refining. 1 ~4?4 59 Anchor Post Fence Co common. 2 20 * 28 100 Amer 8634 171 * Baldwin Duckw'th.* Baldw Loco Wks__* Vtc for com 13 63 34 150~~ Preferred 134 85 h 168 Chemical Preferred 100 Balaban & Katz..25 urererred 100 31 5 3k 3 k 14k 12)4 lk 534 34 Deferred 25 Bond Baird Telev pref. 6 6 Cable 131 20k 96 34 * * 18 k 16 1234 1834 35 100 Bon Ami 93 32 Common Am Woolen Co k 10 Class B 3 1 7 34 34 2k 3734 1734 1 Preferred 100 Babcock &■ Wilcox.* Backstay Welt * 18 60 ex-warr_25 Warrants 58 * 58 8u 75 com Aviation Corp(Del)3 Aviation & Transpor¬ 13 34 Amer Wind Glass— Class A... 100 Preferred A 25 Avery(B F) & Sons 5 6% pref w w 25 134 55 11132 47.14 3632 12 34 _ 7k ... 15 7 10934 4o k 34 34 11** Properties * * 7% preferred.. 100 Amer Carmel 100 Preferred..... 100 Amer Centrifugal.. 1 2 Automatic Refrig.10 Automat Vot Mach * Automatic Washer— Common .3 4 1134 Am Vitrified Prod.* Canadian Am Car & Fdy 4 2k Automobile Banking $1.50 conv pref 25 17 30 7% preferred.. 100 Boeing Airplane—5 Bohack (H C) com.* 234 3H 5 Tobacco Blumenthal (9) com* 12 3 159 37 k _ 9 Ask share 30 Laughlin Bros Bloomingdaie Bros. * 5 34 Bid Common Preferred 26 6k 5 24 17 A.Brake Sh & Fdy— * pref. 5 Am Tobacco com_25 Common B 25 25 50 ment common 134 Par Preferred Bloch Automatic Prod 26 19 4 25 50 2 Automatic Instru¬ ..... 16 52 pf.100 1 Preferred 6 334 234 31 21 18 k 33 4 Amer pflOO 16 45 Amer non-cum Amer Steamship. 100 Am Steel F'dries * American Stores * American Stove * Amer Sugar Ref.100 American Book..100 conv 2 * Amer Ship Build..* Am Smelt & Refg__* Amer Bosch Corp__l Amer Box Board. .1 534% .. Bliss & 5 3 125 . Stocks Per ___* Alarm common .25 1234 6234 34 2434 60 Tack 6% preferred.. 100 Automatic Fire 3 2234 Am Potash & Chem * 7h 63 3 Atlas $5 cum prior A__* Autocar com 10 20 12 113 Corp. 1 7% preferred 5 Common k 29 H 11934 Ask Bid Auburn Automob * Austin Nich & Co..* 1834 58 * 103 Am Beverage American Can 12 3 11134 1534 Indus..* Aluminum 1134 234 1634 1134 .5 Class B 100 com 6% preferred-.100 Alum Goods Mfg. 1734 1734 55 234 34 k 7 60 * Class B Am Bank Note 18 534 7k 5% preferred._100 Allis-Ch aimers Ml'g pref 11 4k 16 10 Alloy Cast Steel 1034 15 4 com.25 Common 1734 _* Sanitary * 7% cum pref 100 Republics comlO Amer Rolling Mill 25 434% conv pf 100 Am Safety Razor— 168 165 „.* . Common Aluminum Co * 100 1634 Am Allied Stores Corp.* Amal Optical Preferred 9* 34 _5 Par Per share Amer Radiator & Dye Paper Mi lis. 1 Allied Prod (Mich)— Conv Amer 234 100 Stocks 50 7% 1st pref 50 6% preferred __50 10 Allied conv conv Amer Pneu Serv 10 Corp common * Allied Kid Co com.5 Allied Laboratories * Allied Mills Inc. * pref. .100 American Meter * American News Co * Portland Alliance Realty Preferred Allied Chem A CI A 6% 6k 1 Maracaibo__l Amer Metal Co 17 109 ..100 5% preferred .100 Amer Alexander Dept Stsl Alexander Hamilton Grain Locomotive.* 7 % preferred.. 100 Amer Mach & Fdy.* Amer Mfg. 334 5 Ask Bid Per share Amer Albany PackingPreferred 100 Alberi'ne Stone of Vu Vot 48 34 434 85 stocks possible for the closing lay of the month preceding the date of Issue Per share Air Reduc'n com..* miscellaneous & as 934 1034 15 17 1434 16 t New stock 15 17k & Wyant _ » : 86 INDUSTRIAL MISCELLANEOUS & STOCKS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Bid Par Canada Bread——* Preferred .100 r r 50 r 47 Canada Cement. 100 Preferred 100 r Can Dry Ging r Ale_5 Canada Forgings— Class A * Class B ♦ Cleve Worsted Mills Common * Cliffs Corp v t c Climax Molyb¬ denum Co 24* r Preferred Canadian Car & Fy * r r r r 174* 334* 104* 28 r r 124* r Can Fairbank pf_100 r «. * 164* 984* r 24* 244* r ...» * 5 * 214* * common 13 103 4* 54* 54* 78 * - 9 11 8 7 23 54* Colon Development Ordinary shares. 6% conv pref 74* Col Fuel & Iron Warrants 64 50 53 4* 20 Carter (J W) Co___l Casco Products—* 100 7% preferred-.100 Case Lockwood & Case (J I) Co Co__100 Case Pomeroy 5 Castle (AM) Co—10 1 * 5% preferred -100 Celanese Corp * 7% prior pref-100 1st partic pref. 100 . 24 1044* Wire common * Colonial Beacon Oil * 61 4* 224* 100 it* Arms Mfg 25 25 27 44* 284* Columbia Baking. _* Preferred * 14 15 6 B'castlng Sys Inc class A 2 4* Class B 24* Columbia Mills. .100 7 11 Columbia O & G 77 104* 75 1184* $2.75 ** 103 4* 15 conv 74 * v t c 144* 5 56 Conde Nast 20 23 H Congoleum-Nairn. * Congress Cigar * Pub..* 20 30 Darling Stores Corp $2 partic pref * Davega Sts Corp. .5 5% conv pref. .25 Davenport Hos'y. Mar. 4 94* IF 87 Davison Chemical. 1 Warrants 37 45 7 8 1 2 4 Central Paper 10 srred $2 part pf-_* 5 cum Cons Laundries 7% preferred-100 Lithograph..* 11 54* 204* 21 7 6 54* 80 "64* 6 854* §gw \H sF iF 5 7 Cons 4 34* 34* 44* 3X Consolidated Oil—* 4: Consol Retail Sts.-l 94* 6 Certain-teed Prods. 1 6% prior pref. 100 Cessna Aircraft Chain Belt com 101 74* 33 1 24* Preferred 34* 15 X 16 X Paper 44* 5X Common Fibre.... * 6% pref 100 Chapman Valve—.1 Preferred 100 Charts Corp Checker Cab 10 Mfg.5 Cherry-Bur Corp. .5 Chesebr'gh Mfg. .25 Chesapeake Paper Board common. _* Preferred. 50 Chester Pure Preferred * Stk Yds com__100 Preferred 100 Chic Mall Order—5 Chicago Nipple 20 4* V t 102 29 120 31 115 V t * $2.50 prior pref..* Chic Ry Equip...25 Chic Rivet & Mach 4 Chic Towel com Conv preferred..* Chic Yellow Cab._* Chickasha Cot O.10 Ohilds Co com * 100 10 5 Cin Un Stk Yds. Inc 'fx il" (D L) Co 14 4* ox 13 X 1044* 14* 90 6 Cont'l Oil (Del)...5 Cont'l Oil (Mex) 1 Cont'l Roll & Steel * Cont Screw com..10 94* 4* 94* Converse 4* 54* 6* 16 105 Rubber. _* 16 lQ 164* 34 ♦ 44 X 15 6 47 154* 7X 724* 109 B 8 SH 10 74* Preferred 34 38 11* 67 * 44* 94* 3 19 Refg_.25 7 % preferred- -100 Coronet Phosph.100 Oorroon 3 100 Corn Prod 34* 82 X 5 Elec Corp com-.l Corning Glass Wk 10 8 & 13 6 Without par value, 624* 175 173 32 - 2 4 - - Preferred 100 Oourtaulds Ltd— 24* 93 6,„ 194* Am dep rets ord £l Covered Wagon Co $1.50 conv cl A.20 Crane Co com 25 4* 5% conv pf 2d preferred Devonian Oil 100 10 Common 5 com * 25 com * 101 19 I 194*,' 103 Stocks trust ctfs_» .294* 30 64* k Last sale, n Nominal, r Canadian price. 14* 1 iF Preferred 10 • Prod..2 Warrants Di Noc Mfg 1 Discount Corp (NY) Distillers Co Ltd.jEl Distillers CorpSeagrams Ltd * 5% pref w W.-100 Distillers Liquors..5 Divco-Twin Truck. 1 Dixie-Vortex Co— 78 - i'x H Electric Boat 4* 284* 27.4* 94* ! 10 60c 50 Electric Household 3 25 108 Electrol Inc v r 18 20 Electromaster 984* Elgin N Watch... In< 29 414* 224* "64* 64* 2d "14* 14* 104* 84* 64* 24* 155 104* 9 84* 24* 165 204* 214* preferred._1C Emerson Drug. .21 Class B 2! Emerson Elec Mfg. k 14* 34* • Empire Sheet & Tinplate Employers' Group 94* 12 Dr Pepper Co * Dodge Cork.__.__5 Dodge Mfg * 30 44* 124* 21 19 44* 4 70 4 3 214* 154* 39 64* Derrick Endicott>-Johnson_( 5% preferred._1( Equit Of. ice Bldg.. 20 314* 1044* 14* 54* 4 4* 74* 4* 23 284* 41 40 17 13 4* 8 Ex-Cell-O Corp... 14* Preferred.-_. 115 160 162 Ex-dividend. 16 IX 5 4* 184* 44* 74* 1 14* 84* 40 Fafnir Bearing.. Fair 36 28 105 15 14 7 354* 264* 154* 1114* - 16 144* Emsco 84* 314* 54* 74* - 37 85 24* o4* 14* - - 21 19 65 Preferred. 17 164* — 2 Jan. 91 20 83 24* 1224* 33 120 11 -- 25 * 21 4* 14* 4* 154* 1st preferred. 32 Bdge.100 104* 14* 194* 30 404* 214* 104* 14* 5 44* 14* . 10 164* 20 Dominican Coal pf 25 Dominion Glass. 100 F referred 100 27 14* t c 111 154* 30 100 Finance— 18 25 24 * 64*% pref 44* 274* Elec Shovel Coal— 16 Class Dobeckmun Co coml 24* 24* 264* Indus Am shs 34* 24* 1 22 • x - 14* 14* Common I New stock, - Electrical Steam Util Corp Elec & Musical 29 Fields 4* 14* 14* 104 Dominion 14* 4* Common Eisler Elec Corp Eisemann Magneto Electric Auto-Lite- 14* 43 4* Dec. 20 40c 60c Dictaphone Corp._» Preferred 100 Cum preference.* 4*1 224* Dominguez Oil Cream of Wheat 164* 514* Sterilizer 114 64*% pf (w w) 100 Diamond T Motor 2 A 17 15 94 4* * _ Diamond Match Domestic 100 24* 35 64* Mar.21 22* 574* Doehler Die Cast--^ Dold (Jacob) Pkg— 4* 44* 54* 4* 5 27 55 Dixou (J) Oruc-.lOO - Courier Post— 22 4* 54*1 ■ 84 - Hobblng 4 103 614* Creamery Package * 22 64* 54* 102 Rey'ds.* 98 IX 19 $6 conv A pref. * Cosden Petroleum _1 20 X 64* ' 12 5% conv pref. .50 Coty Inc 1 I 10 84 3 4* 5% 56 17 98 25 924* * Voting trust ctfs._ Cornell-Dubilier 110 22 Devoe <& Raynolds— Class A (non-vot)« 9 53 4* 16" Edison Bros Stores- Warrants 1 Z/. l 94 8 54* i§* 4* 1 5/a A Differential Wheel .1 preferred * Cooper Bessemer..* $3 prior pref * Copperweld Steel. _5 24* 34* 20 ■ Detroit PaDer Prod 1 Detroit Steel Prod.* 4 $4 2 4* 194* B 494* 44* 154* Dictograph 1804* 1.80 60 14* 144* 24* 54* Varn.-* 177 r Common 74* 6% part pref 166 174* 44* Foundry com 1 Detroit Harvester. 1 Detroit Mich Stove 1 Dexter Co 54* 14 163 60 4 4-* P't & 1 14 124* 44* 13 4* _ 35 44* 124* 1 Preferred Mfg 34* Cook Common Eitingon Schild Supply com. ...10 6% preferred Derby O & Ref com * 33 14* 5 Steamship.* 3 Dentists' (The) Preferred 4 4 Eastern Roll Mill.-5 Class Special preferred.* Preferred 18 37 18 Del Rayon A com. 15 De Mets Inc pref * Dennison Mfg— 24* 24* 17 32 Eastern 13 4* 254* 54* % 7 * 1 54* 24* 4* 13 5 254* Common 75c Mfg com..* Preferred 174* 254* . Preferred Detroit Aircraft._ 25c 124* Vs East Racing Assn..* Common Diamond Shoe 55 10 Cont Steel Corp Preferred 105 64* 24* 244* 24* Eastern 14* 114* 16c 6 54* 4* 12 55c Eastern Air Lines. .1 Dewey&Almy Chem 114 24 * 100 Preferred 103 Clayton & Lambert * Cleveland Graphite 1 Mot-.l 67 185 144* 14* 914* 374* 364* 110 Continental 20 18 * 12 X 96 * * B- 63 * com A Class $4 50 preferred..* 103 X * Clark Equip do Mach c Class 6 164* 184* IF X - X 1 Footwear _1 ist Mall'ble Iron25 6% pref w w 20 Gray Iron & 34* 14* 74* 114* 5 10 - 10 25 Eastern 84* 44* - 10 21 Common 24* Oil 38 u*Detroit of 111 A partic. .50 B partic—* Continental Can. _20 iH i Preferred. ...100 Claude Neon Lt 1 Cleveland 2X F Lock Eason "44* 4 M 17 Det Gasket & C--25 8 % preferred.. 100 _ com c y* 4*6 A* 122 3 6 1 City Auto Stamp. City Ice & Fuel * 6 4*% cum pf-100 City & Sub Homes 10 City Stores 6 Clark Controller. —1 Bronze 14* 3 partic pref 50 Container Corp 20 Continental Baking * Clark c V t 5X 84* 13 X v t Consumers Co 22 100 5 Chic Pneu Tool S3 conv pref Cinecolor 1 Cont Diam'd Fibre_5 Chic Elec Mfg A Chicago Flex Shaft 5 Chic June Rys & Un Preferred 90 C--100 v t Warrants 5% pref Silk Hosiery 6% pref 10 Chic Daily News..* Chilton Co.. Chrysler Corp 84* 3 4* Consolidation Coal— 5 & Weather Strip 34* Duro-Test Corp 1 Duval Texas Sulph.* 20 com. 14* 1 com r 25" 142 1414* 1214* 144* 31 B 100 7% preferred.-100 8% preferred .100 22 3 4* Consolidated Textile * Chamberlin Metal Champion 7% 14 * Class 64* 124* Class A 75 35 X 1 3 8% preferred. .100 Consol Royal Oil. 10 Consolidated Steel 76 8 Cons Mach Tool uts_ 12 115 1414* 1374* 1194* cum Deep Rock Oil & Ref 7% preferred'-. 100 6?* 5 Cen Violetta Sug 90 6 25 1 Decker(A)& Cohn 10 12 Centrifugal Pipe * Century Rib Mills.* 7% preferred-.100 10 112 deb. .100 $4.50 cum pref..* Duquesne Brewing Durham Hosiery6% 104* 10 Duplan Silk * 8% cum pref. .100 DuPont (E I) de N 14 _! 7% preferred 20 Deisel-W«mmer Gilbert Corp 10 Dejay Stores 1 De Long Hook and Eye _100 Indus.-1 110 Eagle 35 Records Deere & Co Cent Ir & Steel..100 Cent Ohio St Prod.l 45 Class A 59 Film 29 100 Dayton Rubber Mf| 1 154* 204* 1 26 $6 preferred * lnternat'1.1 Dunhill 18 57 Cons 5 Dardelet Thr'dlock * "24* 24* 12 Hammer 20 Cigar Corp..* 64*% prior pf.100 7% preferred.100 26 Mfg_24* (R G) 6% preferred. .100 4 394* 10 cum * Cons Dun 50c $8 1 Oonsol Oar Heat. 100 (Allen) El 9 cum $3 conv pref 24* Mar. 21 10c 7% Oonsol Aircraft 30 109 Dailey Corp 1 Darby Petroleum.-5 Darco Corp 8%pfl00 Class A IX Consol Biscuit Mont 44* 14* 13 6 Co common..20 2 20 M 25 13 44* X 14 40 12 1 19 U 13 % 2 4* 34 4 * 14* 106 * Bradstreet Corp.* 9 * Airport—* Central American Plantations ---100 Central Cold Storage Common 20 Cent Foundry com. 1 5% preferred..100 Associates 34* Common 50 Central 74* 24* » Decca Gases com Driver Harris Co_10 Preferred 100 k> 164* Compressed Indus 44* 11 Laboratories cl A. 154* % 70 "54* A_* n-c Dry den Paper Duncan Publish * Wright Corpl Part conv Du Lighting $7 preferred 3 * 100 Class B ♦ Dri Steam Valve. .5 15c ♦ IF 144* 68 4 6 4* % prefeiTed 100 Drug 8c Curtis Cutler t c ext—1 6% cum pref. .100 Celluloid Corp—15 1st preferred * $7 preferred. * Central Aguirre 116 83 Shoe v 120 34* 504* 3 214* 104* Mach * com 7M 73 4* 10 Compo * 14* * . 5 % preferred. .100 Dubilier Condenser 1 Duff Norton Mfg..* 1 38 Dist-_1 12 Conv prior pref- Cushman's Sons— 14 4* 24 Solvents..* 85 * * 18* F pref. .100 pref * 21 19 2 92 82 54* 214* 74* 17 27 11** 104* 844* 44* 1 84 14* 19 164* 494* 15 Celotex Co com—* 38 1 164* 104* 484* Oomra'l 1044* 15X Common.. Preferred Ouneo Press * com 584* Dominion Dow 65 Ourti8s 84* 44* Dresser Mfg com..* Dresser (S R) Mfg— 16 774* 25 Stores * Coal B 104* 60 134* 54* Per share Dominion Steel & 35 . -.100 Preferred $2 preferred * Combustion Eng__l Parts 2 Cunningham Drug Stores com 24* Columbus Auto— 3 42 Com'wealth 90 pref..* Oolum Carbon 74* 19 4?8 1 __* Vot tr ctfs com..* Common 250 14* 94* 24?* 24* Columbia Pictures— 1194* * 5% Preferred _100 Cudahy Pack ..50 Columbia 12 4* 3 34* I* 12 Curtis 5 Colt's Patent Fire 1 Tobacco Cuban 24* » — 7% preferred. .100 Cuban Atl Sugar— Common 74* 104 Collyer Insulated 83 64* Cuba Co Cuban Am Mangan 2 Cuban-Am Sug 10 110 2 2 Crucible Steel 27 100 1.60 25 6% preferred—10 5% preferred-.100 1.35 25c $5 conv pref * 100 7% preferred--100 Crystal Oil Ref * 94 1194* 614* Lamp & 124* 24* Carrier Corp 1 Carriers & General. 1 Caterpillar Tract. 960 Collins & Aikman. 14* Capital City Prod.* Carborundum Co..* Carey (Philip) * 6% preferred-.100 5% preferred-.100 Carib Syndicate.25c Carman & Co A—* Catalin Corp. 60 Collins Co Can Locomotive—* Steel 91 119 Peet common 10 110 35 Crown Drug com Preferred Oolgate-Palmolive- 17 9*' x-w—* Preferred 24* 254* 134 Bid Par Doubleday Doran.* Douglas Aircraft-.* Douglas (W L) Shoe 44* 4* 26 30 Crown Zellerbach_.5 * r r Crown C'k & Seal.* 129 * Coleman 44* Stocks Dow Chem (Md)_5 Crown Cork Int A_* * Class A 44* Petroleum 14 Ask Per share 18 19 Central Crown 41 Bid S2.25 pref w w..» 6% preferred 100 CI A voting * Cl B non-voting.* Brainard 39 of New York Can Indus Alcohol— Co IX 39 Coca-Cola Co - Stove Canadian Foreign Invest Corp * Preferred---100 Carpenter Crowley Milner * Prior Preferred _50 Peabody * 7% preferred. .100 Coca-Cola Bottling 101 100 4 Airways ,-1 Canadian Dredge & ^ Carnation 42?* Cluett Canadian Colonial Class B 42 Coca-Cola Intern..* 25 Preferred Canad Celanese---* Preferred 100 1 Crosley Corp—#,--* Orowell Publish'g--* Preferred 100 100 20 5 * Croft Brewing 5 Lumber 34 — 144* * Preferred A 114* 304* Crocker-Wheeler 44* 124* Club Aluminum Utensil com 105 Creole Petrol 74* 100 Clover Val'y 24* 63 5 6 * Clorex Chemical — 74* r Par Stocks Ask * Clinchfield Coal. 100 10 «* Bid 44* 524* 74* 10 69 r Can Wire & Cab A.* Glass B * Canadian Bronze.-♦ Preferred 100 * Clev Un Stk Yds..* 144* r r Cleve Tractor 98 74* 96 14 r Canada Packers—• Canada SS Lines..♦ Preferred 100 Par Per share 110 100 Class B pref Stocks Ask Per share 6 3 (The) Ohica 7% preferred . Fairbanks Co.. 100 — 34* 33 44* 39.4* 4* 8% preferred. 44* Mors 264* Fairbanks -» 107" 97 "54* 28 APRIL, 1939] INDUSTRIAL Quotations for all securities Stocks Bid Par Ask are as near Stocks & s 1033 253 12 22 24 353 8 General 1 753 General 90c Electric Elec 4 5 3433 1833 233 1233 1233 Ltd— Am dep rets reg £1 Gen Finance Corp.l 17 20 preferred..* $3.50 par tic pref_* Famise Corp 50c 24 26 Gen Fire 1153 12 33 New Class A F 2 7* Famous Players Can Oorp com..l 18 20 20 2053 Fansteel Metallurg * 6 7 553 6 2 4 * 8 12 5 533 Farnsworth Telev & Fashion Park com.* Preferred Fedders Mfg..: Federal Bake Shops* Preferred it* 30 Federal Compress & Warehouse..25 Federal Match units Federal Motor Tr..* 32 G 21 33 5* 356 133 333 253 2 123 Gen Optical pref ..* Gen Outdoor Adv't'g 11 Common Class A * 25 21 General Print Ink. Gen Ry Signal 18 108 10 % 35 Filene's(Wm)Sons .* Finance Co of Pa 100 Firestone Tire & Rub 137 142 1933 102 4033 1953 10253 41 7 •933 9 ~9 33 7733 i $6 6% 19" 9953 433 4 33 pref A 100 cum Genessee Brew A Class B com 1 1 Georgian (The) Inc * 1 Preferred 50 50 7 * 25 * Proferred * 353 2833 20 33 533 com Gilchrist Co 26 31 Gillette Saf Razor.* 1633 18 8c $5 conv pref Gilmer (L H) Gimbel 4 5 14 Preferred 100 Follansbee Steel— 8 2 24*4 453 s conv pref. 100 Foote Bros Gear & 99 Preferred 333 633 .100 Foote Burt 7 * com 6 2553 104 5 com Am dep rets ord.. Ford Mot of Can 100 • Class A * 19 Class B * 1953 lk $7 conv pref Foundation Co of Canada 4 353 533 7 8 333 433 18 F-R Publishing....* Francisco Sugar * Franklin Process * Franklin Rayon 1 Franklin Ry Sup..* 15 27 29 2d" 24" •S" see Freeport Sulphur.10 1933 2033 French 15c 30c Investing..* Preferred 100 6 Goodrich (B F) 1533 1533 60 62 * 57 153 1533 * 18 19 933 1753 Grand 1433 15 Grand Union 10c' Units 633 Fuhrman & Schmidt Brewing coin, 1 Fuller Brush com..5 50c — Fuller (G A) 5 \ 1 pf_ cum conv _ 75* 18c "6 153 1233 * Granite City Pig Iron common. 10c 96 Co— City StT. Grant (W T) com.10 27 28 2333 453 23 53 25 Preferred -.100 39 41* 28 $1.80 prior pref..* 21 22 pref. 100 40 42 conv 233 133 233 Gair (Robert) com.l $3 Preferred 10 Galveston Gamewell 33 Houston* 14 16* Co. * 1033 11 * 82 $6 conv pref Gannett Co Inc— $6 conv pref Qardner-Den ver ... 9633 1333 * 50 433 1433 10H 133 Dock com..—* * 77 125 80 126 * General Box Corp.l General Bronze 5 2633 A 7% preferred,-100 Greenfld T'p & Die* $6 preferred..100 $1.50 preferred..* Green (H L) Co—1 Greif (L) & Bros Greyhound Corp..* 6 33 % preferred. 10 253 3633 25 137 2353 2833 553 2633 2733 g 1653 1653 12 2 833 90c 3 853 45 1033 152 1 3 33 2?* ?9M 27 ..1 Preferred 25 Warrants Gulfboard Oil Gulf < >il Corp 25 65 53 if* 1453 Inland 7 8 733 109 833 2533 11633 15933 163 2433 12c 20c 833 933 33 12 53 1233 6833 98 7 % preferred 100 Holt (H) & Co A..* Honolulu Oil * Hooker Electro Steel 13033 131 107 8 653 35 40 13 53 10 * 190§* 5* Sewing Mach..10 Int Harvester 35 953 36 1653 18 22 4 14 4 Internat Indus 7 1 853 37 10653 107 11 1153 Int Mercan Mar 6 Power 5% conv com.. pref 3 34 3153 233 2453 2453 253 Coupon shares. _* Registered shs * Tnternat Prod * Internat Pulp * Preferred 100 Int Safety Razor B.* Internat Salt * Internat Shoe 75* 31% 3233 * Silver 50 i* 7% preferred. .100 Int Text Book * Int Vitamin Corp._l Interstate Bakeries* $5 preferred * Interstate Dept St's* 7% preferred. .100 Interstate Home— Equipment 1 Interstate Hosiery * Intertype Corp * * Irving Air Chute... 1 Irving (John) Shoe.l Preferred w w__25 Jackson (Byron) see Jacobs (F L) Co 1 Jarvis (W B) Co.._l Jeannette Glass * Jefferson Electric. _* Jefferson Lake Oil 53 3* 153 27 . 933 8133 453 12 833 1633 1533 233 1353 "B" 353 2233 it* 4 10 21 • 104 7 25 94 69 Tea . * 100 _ * 70 122 33 333 Johnson Tin Foil 11 12" 2433 2533 6 Metal 553 3753 23 70 Jonas & Naumb'g2 53 Jones & Laughlln "333 110 100 Steel common. 100 7% preferred..100 Joslyn Mfg & Supp 5 Julian & Kokenge..* Kahler Corp 100 - 133 1933 4054 40 23 125 Class A * 28 31 Kalamazoo Stove & Furnace com 10 Kane Carburetor..* Class B * 1033 1053 KC Stk Yds Me. 100 44 70 Preferred Katz Drug com 8733 433 133 153 Finance Common * 5% preferred.-100 Houston Oil Field Material com 1 pref.20 Houston Oil (Tex)— conv 25 60 103 10633 453 17 533 19 * 8 12 1st preferred.-100 2nd preferred Hubbeli (Harvey)_5 Hudson Mot Car..* Humble Oil & Ref.. * 35 40 553 253 4 833 5 5 com. _ * 1 St's Dept 56 5% conv pref. 100 Kay nee 10 3 33 233 133 10 4 1 933 90 333 100 85 Kayser (Jul) & Co_5 Keith-Albee-Orph— 7% conv pref 100 Keith (Geo C) Co— 7 % preferred. 100 87 Keller 1333 21 Dorian Colorfilm 20 Kellett Autogiro Kellogg (Spencer) see 8 1433 1 common _ 1053 556 5633 Fibre 6% preferred 20 Hupp Motor 1 Hussmann-Ligonler * New 100 Preferred.. 553 233 com Kaufman • 1 Hunter Steel 253 3353 8 15 100 Johns-Manviile 7 % preferred Johnson Oil Ref 16 12 13533 Warrants Internat Petroleum 92 21 46 (Can)..* pref. .100 International Paper cum 8733 10833 3 * Int Nickel 87 233 453 37 48 .... Preferred Jenkins Bros *733 "233 1 International Match Realization £1 Iron Fireman vtc "iF 2 5353 * 7% preferred. .100 4 353 833 2233 Publishing pref..* 83 Hummel-Ross n* 150 Internat Educational Chemical com. 100 Preferred. 100 ~2" 33 2 1733 Tnt Business Mach.* Internat Button Hole Jewel com.* 1833 9233 233 833 Agricultural. _* 7% prior pref. 100 22 Statler 94 . Interlake Iron Internat _ Hard't(NY)_* 5% preferred..100 20 146 X 77 * 21 Hotel & Int. 69 1053 1033 pref 153 Interchemical Corp * 6 % preferred 100 Intercont Rubber..* 4 i J Called April 1 at 107 33a Called April 15 at $110 plus div. of $1.75. n Nominal, r Canadian price, t New stock, x Ex-dividend. 333 Common Hollander (A )& Son 5 Holland Furnace.10 Common 1 . Prior pref 33 tnt Cigar Mach-,.* Howe Scale Grumman Aircraft Engineering com 1 833 55 Vot tr ctfs 28 153 Guantanamo Sug._* 8% preferred-.100 8 Howard Aircraft 1700 Watch 953 833 4433 $1.50 1153 Group No. 1 Oil * Group No. 2 OI1...1 Gruen 533 14 553 4833 833 853 Hires (C E) Co A..* Class B ._* Hoe (R) class A..10 Household 39 Groc Store Prod.25c 143 Without par value. 140 Western Brew 5 33 % pref. 9 H oudaille-Hershe y— 12 3 47 3 3733 2533 36 Griesedieck 17 k Lajst sale, (Ohio).* 433 __* 7% preferred. _100 Gen Candy A 5 W'house 333 95 7% preferred—21 53 33 .1 _ 26 Hotel Waldorf-Ast.l Great Nor Pap 25 Great West Sugar..* 333 17 X Mar. 92 Horn 23 2 10 58 1st pref Mfg. Co. & e iH American General Cable Non vot com * 1st preferred.. 100 Great Lakes Dredge 953 133 \ Transportation- .5 General Baking 6 * 39 preferred_20 Preferred ninafl 63 433 1233 4633 5 Gen Alloys Co * Preferred 10 Gen'l Amer Oil of Texas common-.5 General 101 14 37 Gaylord Container .5 553 conv pref. .50 Gen Accept'ce Corp Conv 10 Gray Telephone Pay Station com 10 Gt Atl & Pac Tea Great Lakes SS 59 Gar Wood Indust_.3 A Gray Mfg Co Great Lakes Term $3 conv pref—20 Garlock Packing * Class 3 10 9 Gallager&BurtonA 1 253 153 * Preferred 100 Horn (A C) com 1 Prior preferred..5 24 27 4% * B Hooven & Allison .100 Horder's Inc com__* Hormel & Co com..* 1 Fuller Mfg corn 1 Gabriel Co cl A—* 33 $5 conv pref. .100 Hiram Walker see W _ $3 convertible—* Common 30 1533 2533 1533 Holophane Co Holly Sugar 12* Granite 253 9933 Chem 10 633 433 253 Industrial Rayon * Ingersoll Rand * 6% preferred.. 100 Spencer conv Oil non-vot A CKss 50 453 4833 233 9733 Heywood-Wakefield Common 25 preferred. _5 ?33 5c Indiana Steel Prod.l Indian Terr Ilium Indus Machine 22 Hinde & Dauch n $3 pref * Indiana Limestone. 1 Indiana Pipe Line 10 Indian Refining. .10 27 60 1 7 Preferred... ..100 102 Common 333 Indus Finance vtc .1 56 104 $133 2133 1053 5% preferred 20 Graton & Knight..* 933 100 Preferred 55c 2 53 53 Raps Varn.* 2 25c 25 20 5 20 Indus Brown Hoist— 1st pref 10 100 Preferred 100 Hiawatha Oil & Gas Common 5 29 Am dep rets ord £1 Pneum Tool * Indian Motocycle..* Preferred 10 Indiana Gas & Chem Common 5 6 100 conv 1533 Independent 7% 6% preferred..100 Hershey Creamery. * Hilton-Davis i Grand Nat Films.. 1 17 33 333 Grand Rapids Brass 1 Preferred 5 Particconv pref 15 Fruehauf Trailer..1 Fruit of the Loom 7% non-cumpflOO Helvetia Oil 1 Hendey Mach * Bart & Co com.25 Silk 7 Preferred w w__25 Helme G W) 25 Preferred 74 56 A_* 633 Parts Corp com.3 Helena Rub'stein..* Class A * Heller (W E) com.2 Hibbard Hosiery com * 7% preferred..100 Graham-Paige Mot 1 $3 101 7253 50 6X common 5 pref. .50 conv pref....* Hewitt Rubber 6 Hevden Chemical 10 2653 98 Gorham Mfg v t c_* Gossard (H W) Gotham Common $4 Goodyear Tire & com pref * Hawley Pulp & Pap Common 1 $7 preferred * Hayes Body 2 conv Preferred "50 $3 preferred-. * 653 1553 1533 Brit & Irel'd 95 5 75 Class B of Canada com..5 Indus Accep Corp— Cum pref 100 Hershey Chocolate.* 2 11 433 Preferred 133 453 553 1 n-v 9453 253 4?* * 70 633% Pref w w 100 Hathaway Bak A__* Royalties 1 Hercules Motors * Hercules Powder._* 8 34 com Corp class A..1 Class B 23 233 $5 conv pref Goodyear T & R of 1 X Hendrick Ranch 32 533 Malt 8 i&* $5 preferred 553 115 1153 153 553 86 * 59 1053 1 :5 2053 633 * 1 Froedtert Grain & 5 100 633 20 Brew HaskeliteMfg Hat 633 33 "353 3 Preferred 50 Golden State Co * Goodall Worsted.50 Good Humor Corp Gorham Tnc "253 g33 66 * Canada 14 233 6 16* 42 • Godchaux Sugar Rubber 12 533 1 233 Four Wheel Drive.10 Fox Film class A * Fox (Peter) Brew..5 Franklin Simon 15 _* 2053 136 ""33 1633 9 Imperial Oil Ltd * Registered shs * Imperial Pictures. .1 Imperial Tobacco of G 5i* 5 £1 k Imperial Tobacco Schaffner 6% 633 35 Class A 24 * 58 * Co * 2 453 32 4 * w* 86 65 • 25 Hecker Prod com__l Heileman Brewing.l Hein-Werner Motor 4 33 % conv pref 60 Goldblatt Bros * ..* Hart & Cooley 50 * Globe Knitting..233 Globe Wernicke—* Preferred * Gobel (Adolf) Co.-l J* 5 2753 10 Indus rets 10333 Hearst Consol Pub •7 % class A pref.25 Glen Alden Coal Golconda Petrol 1 Foreign shs A._ Foundation Co HarnischfegerCorplO 1553 $6 preferred * Gleaner Harvester.* 1933 1933 1 16 * 100 54 Bros Preferred Goebel Brewing. Ford Motor France Fort Pitt Brewing. 1 Foster Wheeler. .10 $5 preferred Hazel-Atlas Glass.25 Hazeltine Corp * Hearns Dept Stores 27 6 33 * 5 433 dep rets * com 4753 653 833 * Class B Ford Motor Ltd— Am Potter 5 23 107 100 Imperial Chemical 23 20 125 2153 653 Glidden 4 Food Machinery..10 Mach 233 10 5 "153 133 Gibson Art 39 10 Harbison-Walker Refractories com * 6% preferred..100 7% pref unstpd 100 7% prefstmpd 100 Hygrade Foo I Prod5 Hygrade Sylvan * 633s conv pref * 102 pref cum $7 Giant Portland— 37 13 5 5c % class A pref_20 Fla Portld Cem u t s. Florence Stove * Florsheim Shoe com* Flour Mills of Am..* * 1833 1133 1453 9953 1953 100.53 1033 1233 6 %preferred ..100 Gilbert (A C) Fohs Oil ....* Follansbee Bros * 21 101 * $5 Harvard 17 pref * Gen Theat Equip..* Giddings & Lewis. .2 3c 10233 6 34 22 50 and Marx conv 16 53 433 453 153 1 Ideal Cement Illinois Brick. 6 533 14 * Preferred Hanna (M A) Hart 13 i Haramermili Paper— Common 10 6% cum pref..100 Hammond Instruml 25 20 w 100 3 1933 New $6 preferred 24 12 Preferred Cl A pref part.. 10 Hamilton Watch..* Refractories.. * Gen 253 953 1153 Mfg— Hartman Tob Cement 75 » com Hamilton 233 933 Hartf'd Rayon vtc.l Preferred 100 FUntkote Co com..* D & D 10 16 Gen Tire & Rub— 6 6% preferred-.100 FItzSlmons &Connell Hail Lamp com * Hall (W F)Print'g 10 Haloid Co. 5 9433 Gen Time Instru..* 25 $7 preferred.. 100 Fisk Rubber Corp.! 7 22 Gen Steel Casting— Common * 25 10 5 18 1533 9153 * Per share Harris Seybold 3A 6% preferred- .100 Bid Par Common 533 * 100 Harrisburg Steel 3833 2233 733 10833 653 1 . Hajoca Corp.. Preferred 72 37 Gen Plastics 3 Ltd. * 30 28 67 * Preferred 5 433 * 19 7 Common 122 16 6% pref ser A. 100 First Nat Stores * Fishman (M H)___* 1733 95 * $5 preferred 23 47 6th Ave Coach 118 ■ 7933 12453 4153 90 Flat Am dep rets Fidelio Brewery... 1 Field (Marshall) see 40 79 .* — pref.. .100 1833 1 - 1533 Motors.. 10 83 1 - 90 $6 preferred ..* Gen Rayon A stk..* Trading Corp. Preferred 11553 - 12133 4134 Mills-. cum General 2033 Federated Dept Sts * 453% preferred 100 Federated Publica's* Ferro Enamel General — 3953 6% preferred-.100 Fed Screw Works..* F 653 653 105 . 6% 1 new Exting * Gen Fireproofing. * 7 % preferred- 100 Gen Foods Corp * $4.50 preferred..* Gen Machinery * 4 33 % preferred 100 . Fanny F'mer Cand_* Radio 233 Stocks Huylers Inc— 6 Alabaster 34 * Ask Gypsum Lime 23 22 18 common Bid Per share 130 * New Par Per share Gen Cigar common * 7 % preferred. -100 Gen Crude Oil..233 87 STOCKS Ithe month preceding the date of Issue o Stocks Ask Bid Par Per share Fatrchild Aviation_1 Fairchlld Eng & Alrl Fajardo Sugar 20 Falstaff Brewery.-1 6% conv pref 1 Family Loan Society MISCELLANEOUS possible for the closing day 33 153 "S" Kelly Springf'ld Tire 233 Common ..5 1X 10 153 1153 d Called April 1 at 60. e Name changed to Gray INDUSTRIAL 88 Stocks 70 10 Class Kendall B 10% 6 Co com...-* 6%% 16 15 Ken-Rad Tube & ' 8% 7% Lamp A —* Kerlyn Oil cl A 5 Key Co common-.* Keyes Fibre com..* 4 7 1 7% 1% 3 5 * 106 — 8 1% 2% 3 8 12 10 10% 6% Cum pref 7%. 100 Koppers Co 6% pflOO Kresge Dept Stores 1 4% preferred,-100 Kresge (S S) Co..10 Kress (S B) » Special pref 10 Kreuger (G) Brew.l Kroger Grocery & Baking common.* Kysor Heater 1 65 75 60 65 7% / 4% Manhattan r - _ 112 Lambert Co 2% 14% * Lanatin 1 Corp Landers, Frary & 1 6 Co 3 15 1% 25 25 Inc..* 7% preferred..100 k 3% 64 11% .1 5 Mar 27 12% 43 5 Marshall Field & Co* Martin 100 * * Lebanon Steel & Ir_ 1 Lee Rub & Tire -.5 Lefcourt Rlty Corp 1 Conv pref * Leh Coal & Nav * Leh Portl Cement.25 4% conv pref. 100 Lehigh Valley Coal * 6% cum conv pf 50 Lehigh & WilkesBarre Corp * 40c 5!? 25 27 May Dept Stores. 10 Maytag Co. * 1st $6 pref ...* $3 cum pf w w __* McCahan Sugar Refining pref. .100 McCall Corp * McColl-Frontenac 46 2% % 7j/2 2% 18% 9 3 19% 115 1% 1 % 11 25* 77 8% 2 1 Le Tourneau (R G)1 23 Ley (Fred T) & Co.* Libbey-Owens-Ford * Liberty Baking * 40 % 2% 41% 20c 40c 2% 3 % 4% 25 100% 100 173* 180 35% 101 Lily Tulip Cup 23 % * sy 25 $3.50 preferr d—* 30 3% 34% Lincoln Service. .100 19 24 Prior preferred .50 Lindsay Lt&Chem 10 Preferred 10 Line Material-5 Link-Belt Co * Lionel Corp Lion Match 10 * 9% Class A 1 6% preferred 25 Liquid Carbonic * Llquidometer Corp 1 15 pref 100 Loblaw Groc Ltd A* Class B * Locke Steel Chain.5 Lockheed Air Craftl Locomotive Firebox* Loew's inc * pref..* Loew's Bos Thea.25 15% 39% 108% * 10 * Menasco Mfg.. 12% 6% 6% 1% 11 87 17% 6 10% 1% 12 2% 7% 127 13% 48 k Last sale, 89g% Common ilH 101% 18% 8 11 1% 12% 3 7% 9 132 49 Class A 3% Monticello Tobac-.l Monumental Radio 1 Moody's Invest Serv part pref * Moore Corp com..* 9 10 16 89 14% 5 4% 28 16% 6% 74 78 26 28 Lino.* * 50 115 18 19~" 14 16 54% 7% "9% 24 27 3% com 6%% pref A100 Messer Oil Corp * Mesabi Iron 1 5 62 4 65 14 31% 32 Metal Textile Corp Common 25c Partic pref'ence.15 Metal & Thermit. _* Nominal, r 100 ""% 46% 35% % 7% 7^ 23% 25 87% 89 130 ,,5% conv pf A.100 Morse Twist Drill _ • 140 ' 84 "C" units 100 5% preferred.. 100 10 Murray-Ohio Mfg.* Muskegon Piston Ring com 2.50 Muskogee Co Prelcrred 100 Muskegon Motor Spec cl A Mutual System Nat Rub Mach * Nat Screen Serv Conv part pref..* Nat Shirt Sh Del—* 2% 18% 5 6 1% 3% 6% 1 3% 6 2% 74 "2% $ 18 45 50 64 65 li* 11% 12% 60* 74 40 48 12% 2% 14% 2% National Supply— 7% preferred.. 100 5%% pref-100 pr 1 Nat Transit—12.50 Nat Union Radio.. 1 Co Natomas * 100 Cotton * Preferred 100 * * Nehi Corp com .1 4%% conv pfdlOO Nelson (Herman)..5 Neptune Meter A. 8% preferred. .100 1% 7% % 10% 37% 12% % 2% 40% 43% 20 22 72% 3% 80 68 72 5% preferred..100 Bedford 38 109 England 5% 1 26 24 95 Lime 4 12 7 55 65 * 10 11 pf—100 50 units * New Hav Cl com..* 100 com 10 New Mexico Ac Newport Indus 1 10 1% 10% New Process Co N Y Auction * 23 27 3^ 2% 31% Arizona Land * * * * k7% pref File 1900 Class B 100 5 * 1 1% 2% 6% 7% 9% 74 3% 26 6% Niles-Bement-Pond * 46 Noblitt-Sparks Noma Elec Corp 5 23 1 10% 6% 12% 7% 4% 13% 2% 37% North Amer Avia„ 1 North Amer Car. .20 $6 preferred * North Amer Cement Common 1 Class A pref 1 Class B pref 1 North Amer Rayon 2% 23% 25 Com class A Com class B 42 47 6% 33 95 98 Nat Beiias-Hess 1 7 No Am Class 5 Class 6% 6% % preferredlOO 11% 8% 32 6% %6 7 8% 10 % 3% 5% 4% 27% 8% 52% 24% 4% 13% 2% 38% 1% 5% 18 it* 18 44 45% 18* 22 Refractories A * 3 * B North Central Texas Oil 5 No European Oil—1 North German Lloyd Amer 9 34% % * * prior pref. .50 3 10 80 8 110 ■ 7 125 115 109% 5% 9% 6 , % 108 5% 7% 11 4% Cord pref. .25 Nast (Conde) see C Nat Acme Co 1 Nat Automotive Fibres com..„L_ 2% 5 108 13% 5% 4% 6% 14 55 35 Common N Y Transit 31 39% % Founders shares. 1 70 8% 10%. Newberry (J J) Co- Nicholson 65 2 5 4 Nestle-Le Mur cl A $5non-cum pf—* 60 8% Naumkeag Steam N Y Merchandise. 10 N Y Shipbuilding.. 1 3 1* 6 70 10 5% 36% 12% 3 Nat Steel Car Ltd.* N Y Air Brake N Y Dock 11 4 40 30 100 20 4* 1% 16 Nat Steel Corp 25 Nat Sugar Refg— 12% !9 33% 1 11% 4% 2% 26% * Service Cos #20 Myles Standish vtc* Mach man Springf. Narragansett Rac'g 1 Nash-Kelvinator ..5 t New stock. 2 com 17% Myers (KE)<V Bros.* 120 100 * 5%% preferred. 10 Nat Refining new. * $6 prior pref * 8% cum Dref-_100 * Common conv — 6%% pref "5% 4 45 107 Murphy (G C)_._ Murray Corp Cooker New Idea 2% Preferred * 16% Type— N J Worsted 35 Murphy VarnishlOO _ Natl Pump com 2% 11% 19 8 5 15% 3% Pressure 87 1% pref * Munsingwear Inc..* conv National 11 5 $7 preferred. 7 % preferred. .100 7 5% Jan. 3% 3% 1 93 5% preferred..100 New k 65* 100 age common 5 Preferred 100 New Bedford Rayon Class A 25 New Britain Mach * 50 Machinery. 100 Mtge Bk of Colombia 95 Nation'l Malleable & New 10 Nat Aviation 5 Nat Battery pref._ Canadian price, 39 10 1% 32% 1% 48% Morris (Philip) 8% Merritt, Chapman & Machine 37 165 r Moore (Tom) Dist.l Moore Drop For A * Morrell(John) & Co* Morris Plan com 25c Preferred. .10 Morris Plan Indus . 4% 27% J com. 6% preferred..100 Scott 36 161 Conv preferred. _* Motor Improvement Motor Products * Mot Wheel Corp..5 M0Unt'n& Gulf Oil 1 Mountain Prod 10 Moxie Co class A * New preferred Mueller Brass Co._l Mullins Mfg Corp— com preferred.100 Neisner Bros 214 Mortbon Corp A—1 Motor Finance.. 6% Nat Lock Washer. 20 27% r & Nat Licorice 28 r Bank 170 141 27 100 8 18% 26 100 8% 2% ill* Nebel (Oscar) Preferred Preferred B 24% 100 Preferred Merck & Co 1% Preferred A 17 86 2 2% 10 Lead Nazareth Cement. 10 162% 14 7% pref A 100 6% pref B.._.100 Navarro Oil 44 160 ^MunS0n SS pref Al* 4 23 118% 120% 5% 5% 26 10% pref__* conv National Tool 93 43% * Class B 53"" 3 113 100 19 14.50 10-year $2 pref.40 Nat Tea common. "2" 120 * As Co Ltd Mengel Co. 1 5% conv 1st pf_50 Mercantile Proper .5 Preferred n $4.50 Pi ser A * Cum pref ser B__* Natl Gypsum com.l 3 1% 92% 115% 115 11% Nat Supply (Pa)..10 42 * lH * 4% 8% Montgomery Ward— 10% 3% Mesta 46% \2% No par value, com Preferred Melville Shoe Merrimac Mfg.. 100 Preferred 100 6 2 11% 66% 24 12% 50 80 " 23% 21% 10% 25% 47 32 8% 66% * com Mereenth'ler 22 Preferred.. Monroe Loan Soc A1 Monsanto Chem..10 4% 45 Corp Merrimac Hat Preferred. 11% 25% pref. .10 Monroe Chemical-.* 102 86 preferred serA* 1 45 * 15 $5.50pfserB ww* Mead 5 Lone Star Cement-* Common 36 46 5 2% 2% 2% . 89 20 7% 5 12 38 4 "6% $5 preferred—100 31 3% 3% 116 96 Transportation..* Merchants Refrig—* Mar3 26 * 32% aVa 33 10 % 6 Long Bell Lum A--* 34% 11 Partic pref * Merchants & Miners * Loft Inc- 17% 3% 93 pref-100 19 10 Midwest 1 Gas $6 preferred Nat Standard 34 Common 20 30% conv McQuay NorrisMfg* McWilliams Dredge* 33 38% 1.06% 14% * Mfg 1 Brothers Preferred cum 12% 22% conv McLellan Sts com.l 17% 32 '3% 17% 1% Monarch Mach T'l * Amer shares Sec Co class A.l Lipton (Thomas J)— Modine Mfg com..* Moloney Electric A* Molybdenum Corp 1 McKeesport Tin 40% 16 Refg McGraw Electric.-1 McGraw-Hill Pub 4% 99 13% 108 Monolith Portland Preferred 100 Merchants & Mfrs "l% 6% 9: McCrory Stores 1 Conv 6% pref. 100 12% 100 100 20 B Nar Voe 14 Mercantile Stores. _* 51 39 Preferred 100 McCord Rad cl A-.* Class B * Mead Johnson 16% * * 14% 4% 34c 10 $2.50 A New class _ Monolith Portl Cem 26 Oil Co 4% 24c Monogram Pictures 1 177 48 McKinney 4 37% 99% 25 6% 5 25 Lincoln Printing 3 175 $3 4% 35% 104% 101% Wks 1.20 * Plate com 10 McKesson-Robb'ns 5 10 1 Locom 10 20 1 — 28 % 79 11 Preferred Math'son Alkali "% it* 8 Common 7 % preferred- -100 3% 29% 15" 3 5 Master Electric 10% -. * 100 Ay sy 3 10 Lig & Myers Tob.25 5% A conv Massey-H arris 18% 10 Preferred 100 Lib McNeil & Lib.* Life Savers Corp .5 * pf_100 33% 10% 32% 2% 16% 2% Lehn & Fink Prod .5 10 1 Preferred Leland Electric * Leonard Oil Devel 25 Lerner Stores * Inc (Glen L) Masonite Corp i§* 35 29 % 12% 25 3 Stpg. * New class Nat Paper Ac Common 50 Pipe T ine A o Class B 1 Mo Portl Cement.25 * 6 13% .1 5% % 10% 25 common 10 Nat Oil Products..4 4 1 Preferred 13% 16% 30 21 4H% pref..-100 Shov—* Martin Parry Corp * 16 * * _ 38 65 2% 1% 97% 10 Preferred 100 Marlin Rockwell._1 2% 1.05 100 50 Common B 7 % preferred so Calculat Marion St 57 2% 9% 19% 36% Margay Oil Corp. com 5/ 11 25 16 Leath & Co com Preferred $6.50 Marathon Paper Preferred 19 6% preferred. .100 Lawrence Portland Lit 100 7 Machine Co.. 100 LaSalle Ext Univ..5 Lautaro Nitrate A.l Lawbeck Corp— Lion Oil • 18 4% 45 B 11% 2 * * Lanova Corp 1 Lanston Monotype 63 112 Missouri Kansas 10% 1 ._* A 59 44 pref. Mock Judson & Mapes Cons Mfg—* Maple Leaf Mill—* Marchant cum 4% 25% 10% 1% Steel Castings.—* Nat Mfrs &Stores._* Mississippi Glass— 2 30 % common Machine Bakeries— Le Koi Co 1% 6* 10 Maracaibo Oil Exp. 1 27 Langendorf United Cement 1% 25 Shirt_25 Preferred Bryant Lima * pref. Manufac's Trading Preferred 125 9% A common 1 $5 conv W 25 110 Mission Corp 10 Mission Dry Corp.. Mission Oil 1 Mangel Stores— Manischewitz - 14 r Lakey Fdy & Mach 1 Lessings _ * Manning Bowman * Preferred 7% 1% % 5% Manh-Dearborn— 20 6 Power Implem 16.50 9 Ac 5 * National Leather. 10 Minneapolis-Moline 1 1 Option warrants. 1% 8% Minn Min 'V Mfg.. 13% 112% 112% 7% pref class A100 7% pref class B100 Nat Dept Stores.. 104 18 9 8 Nat Cylinder Gas—1 Nat Dairy Prod * National 12 20 6%% 100 Minn Brewing 1 Minneap-lioneywell Regulator * 4% pref se- B-100 1% Common 100 Milling r Manati Sugar com 24* 4 Major Marketing. .1 Mallory (PR) * 22% 6% 17 5% 23% x 8% 2% preferred..* Pref 17% 5% Nat. Cash Reg ... * Nat OontainerjDel) 1 Nat Fuel Miller (I) Sons com * 16 Mahon Mandel Bros Inc. Conv 36% 50 (K C) 82 preferred * Mahoning Invest 100 Majestic Radio & 13% 100 Miller & Hart— 35% 15% 29 Class A old 112 9% 1% Supply common.* West" Refin 1 6% 6 * Preferred Nat Enam & Mid __* Preferred 22% 51 Class B 27 100 5 22% 25% 12% 5% 1 Wells Co Midwest Piping 1 com 22% 25% 11% 4% Lake of the Woods Class Razor Midwest 20% $7 24 * Nat Fireproofing__5 Nat Food Products 21 8% 10 Oil 28 com 6% preferred 10% 98% Mid-West Abras.SOc Nat Casket 25% 170 8 National Candy—* Nat Dist Prod 107 * 25 * Television com—1 5% 40 .50 Clark 2% 3 % 4% 20% 8% 1st pref 100 $2n-cdiv shares.* 19% MacWhyte Co— 8% preferred.. 100 Macy (R H) Co Inc * Mad Sq Garden * Magazine Repeater 7 31 25 MacMillan Knitted Padding- _* Lane Pub—* Preferred * Mack Trucks Inc..* 15% 2% 3% Mid vale Co 41 Knott Corp -.1 Kobacker Stores—* Lago Petroleum 27 Macfadden Co— ;.* Midland Steel Products com.* 130% 14 52 29 Macfadden Newsp.* 35 45 3% 27% 6% preferred.. 100 % 9% 1% 2% 3% % States $2 conv pref 3 3% 13% 13% _ 100 MacAnd & Forbes 10 107 % Kleinert Rubber..10 Lane Lunkenheimer Co— 6%% Pref 100 Airpl_50c Lynch Corp 5 13% 8% 15 11% 11% Preferred 4% 22% 22 -.100 Kingsbury Brew— 1 King Seeley com__l Kingston Products. 1 Kinney (G R) Inc..1 $5 prior pref * $8 preferred * Klrby Lumber--100 KIrby Petrol 1 Kirkham Engine & Mfg Corp 1 Klein (D E) Co * Laclede Steel 50 Lukens Steel 3 3 % Class Avtc 15 100 % %6 Pet— * Class B vtc * Midland Oil Corp— Middle 10 9% * Wire common Preferred 85% _ Luscombe Keystone Steel & 87* Mickelberry's Food Products com—1 Mid-Coht Petrol. 10 %6 1% 6% 2% 24% 166% 10 Aluminum Fdy—* 25c 5% Michigan Sugar...* Preferred 10 24 pf-100 conv Mich Steel Tube.2% 1% Nat Biscuit 7% preferred..100 National Bronze & % 1* 21 20c Ludlow Mfg Assoc.* Ludlow Valve com. Preferred 3% * 1% Per share 5% 10c* 153 20% 150 Louisiana Oil Refg.* 4% 3% 1 Ask Bid Par 1% Mexican Eagle Oil.* Mexico Ohio < Ml * Mexican Petrol 180 100 110 preferred. .100 100 Lorillard (P) 10 7% preferred-.100 Loudon Packing—* 15 19% 106% Mich Bumper 1 Mich Gas & Oil—1 140 & Taylor—100 1st 7% 84% 78 - $6partprefA—♦ Refining-10 Kennedys Inc 5 $1.25 conv pref--* Kimberly-Clark 5% preferred.-100 4% Metrop Playhouse,* 18% 93% 2nd preferred.. 7 6% Kendall Class A Loose Stocks Per share 6 * Wiles Bis. .25 Long west Corp Lord 1 -1 Conv class A 21% 6% 84% 6 th * > ate of issue Ask Bid Par Stocks Ask Per share Per share 20% Kellogg Co * KelloggSwitch & S -* 5% conv pref.100 Kelsey-Hayes Wheel possible for the closing day of the month preceding Bid Par Stocks Ask Bid Par MISCELLANEOUS STOCKS & Quotations for all securities are as near as 3% %6 Finance % % shares Northern 1% Illinois Corp * 11 11% APRIL, 1939] INDUSTRIAL Quotations for all securities Bid Stocks North & Judd 25 Nor Paper Mllls-.IO Ask 7 North Pipe Line.. 10 5 65 50 Norw Phar new. 2% Novadel Agene * Noxzema (Jhem 1 3% 34 % 17 X 27 % 7% 3% Nu-Enamel 1 Nunn-Bush Shoe 2 % Ogilvie Flour Mills.* r 24% Preferred 100 r 156 Ohio Brass B .* 11* Pet Milk 1 * Pet Corp of Am—5 3% 36% Conversion-1 Petrol Derivatives.* Petrol Heat & Pr._* Pettibone Mulliken * Petrol 18% 28% 8% 3% Pfeiffer Brewing—* Pharis Tire & Rub-l 19% 18 * 15 * 8 Ohio Oil * 7% 6% preferred-. 100 Ohio Rubber * Ohio Seamless Tube* 7 % preferred 100 Oil Exploration 1 109% * Oliver Farm Equip.* Omar lnc 1 6 % preferred.. 100 Oneida Ltd coml2% 9% 7% 110% 95 50 1% 8% 100 Philip Morris 140 94 97 1% 17% 5% see 1% 8% 6% 7% 1% 17% 3 Real Silk Hosiery Mills common 27% 8% 7% 8% % 1% 9% 66 3% 31% 34 2% 34 4 (Illinois) 3% 1% 12% $1.50 Pierce Butler Rad_5 Pierce Governor * 14% 25 28% 29% 12"" 14" Pierce Petroleum..* B 15 Preferred Oppenheim Collins.* Oshkosh B'Gosh * Conv preferred..* O'Sullivan Rubber. 1 Otis Elevator.____* 6% preferred--100 Otis Steel 5% 7% 28% 17% 143 8% * 8% Explorat.-l 6 24 Pilgrim 8 -« Pines • 1% 18% 145% 8% Pirelli Co of Italy— Am shs 500 lire... Pitney-Bowes Post.* Pittsburgh Brewing * 41 17% 21 6% preferred-.100 * 42 45 Pitts Coke & Iron__* 7% preferred-.100 116 $5.50 conv 1st pf_* Outlet Co com Pitts Coal (Pa).-100 $5 * 1 Pgh Metallurgical 10 Pittsg PI Glass—25 pref Pitts Forgings Overman Cushion Tire 6% pref ,'* Owens-Ill Glass. 12% Oxford Paper com.* $6 preferred A * $5 preference * 1 Pacific Port Cement Common 100 Preferred 100 Pacific West Oil.-lO 3 58% 4 59% 5 4% 2% 12 * Preferred 60 Pan Am Airways..5 Pan-American For¬ 4 1 % % (Thos G)— 7% 1st pref—100 45 10 12* Class A * Aircraft Class B * Potash Co of Am... 5% 5 Potrero Sugar Pref stamped 110 5% 5 5 Potter Co American shares.Pantex Pressing Machine common* Preferred * Inc..* 4% conv pref. 100 Paramount Motors 1 Paramount-Publix 10 Paramount Pictures 1 4% 4% 103 Preferred 8 Process * 19% 15% 20% Prosperity Co B * Publication Corp..* 1st preferred.-100 Original pref. .100 Puget Sound Pulp & 15 & 9 1 1% 6% Trans—* Pathe Film Corp.-l Vending % 20 1 com 7 6% Class B Penick & Ford 48 7% * * Penney (J C) Com.* 30c ,VA 40 37 8% 50 79% 79 _._1 Penn Coal & Coke 10 Pa-Dixie Cement-.* 7% conv pref A__* Penn Electric 5% % 3% 20% 6% 1 3% 23 Punta Alegre Sugar * Penn Federal Corp.* 4 % % preferred-50 Penn Glass Sand— Common v t c—* Purity Bakeries—* Pyle National Co. 5 Pyrene Mfg 10 Quaker Oats * 6 % preferred 100 Quaker State Oil. .10 . $7 conv pref- * * $3.50 conv 1st pf * Radio-Kelth-Orph. * New Penn Salt Mfg—50 Penn Sugar vtc.-20 Penn Traffic 2% B Units lc .-- Peoples Drug Stores* 6 %% conv pref. 10 * Without oar preferred... Rainbow 25 * * B common 25 % % 143% 1 2 2% 2% 2% Class Rath B Packing 2% 25% 111 value, 25c 2% 27% 116 * 10 Raybestos-Manhat * Raymond Concrete 9% 24% 5% 7% 1% 6 78% 60 1% 4% 44 100 60% 1% 4% 50 1% %6 ,*32 382 % 3% Nominal. St L Rocky Mt & Pacific Co--100 Salt Dome Oil 1 Samson United 1 18 Sanborn Map 2 r Canadian price, % St Regis Pap com—5 Preferred 100 25 Sangamo Electric. _* Sanitary Co of Am 8% preferred .100 San-Nap-Pak com.l a: 70 Pub preferred---* * 16 21% Pt & * 2 Simms Petroleum. 10 2% Simon Brewery Simon (Franklin) 1.00 -1 & Co 7% pref.-.100 30 Simonds Saw & Steel * 20 20 com com__* Sivyer Steel Cast _ * Skelly Oil 15 6 % cum pref- -100 Skenandoa Rayon.* 5% preferred.-100 Sloss-Sheff S & 1.100 17% 1% 178 3% 13 21 T% 8% 20% 93% 5% 85" 103 Smyth Mfg 25 Snider Packing * Socony Vacuum—15 19 60 13% 11% 2 1% 11% Boss Mfg common. 1 Sound view Pulp 5 18 26 South Coast Corp. -1 6 2% % r 4 South Bend Lathe 2% % _ 53% 31% 106% 112 2% 8% 20 18 5 Works 100 Preferred South Penn Oil—25 So Porto Itico Sug_* 8% preferred. Soutn _ 100 18 1% 25 30% 16 131% Shore Oil & Development -.100 1% S'eastern Greyhound Lines preferred 16% Southern Groc corn- Preferred South'n Pine Line 10 5 14% 3% 17% - - •» — 15 4% Phosph.10 5 7 Sou Webbing Mills. Southland Royal-.5 6 9 Southern 6 6% South West Penna r 72" 74" Pipe Lines 10 Spalding (AG)&Br_* 7% 1st pref 100 Sparks-With'gt'n Co 5 Common 30 2 48 11% •1% 2% 49% 11% 1% 110 106 28% 30 25 35 2% 82 Units Savage Arms * Savannah Sugar..-1 Savoy Oil 5 t New stock, 11 100 Mar" 26 com 29 17% 22 * Silver Burdette— 19 25 100 St Paul Union Stock 2% 27% 17% 9% $2.50 preferred.30 Silex Co 23% 4% Preferred 16% 9% 16% 1% % 12 _ 100 100 * 15 14% 4% * Sonotone Corp 1 Conv preferred.. 1 St Lawrence Flour 65 39 n % 55 3 12% 110 SIgnode Steel Strap'g 21% 4% Yards 4 100 Preferred 97% 54 112 37 50 Safety Car H & L * 31 Safeway Stores * 90% 5% preferred. .100 105 6% preferred-.100 110 7% preferred-.100 St Lawrence Corp.* r 2% 8% $2 conv pref—50 r St L Nat Stk Y * Sonoca Products—5 * Preferred Sher-Wms Can 1 51 Mills com 112 Solar Aircraft 37% 6% 1% 6% 21 5% pf ser AAA 100 - — 36 13 105 Hoist 25 Sherw-Williams __25 6 18% %> 52% _ 154 11% 20 $2.50 conv pref. * Ryan Aeronautical -1 Ryan Cons Petrol.* Ryereon & Haynes.l 12 Rights 5 % % conv pf. 100 Shepard Niles Crane 16% 8% 153 36 17 8 110 9% 1% 14% 23 6 117 4% 13 Russeks 5th Ave_2 13% 8% 2 13 Typewriter vtc--* Smokers Match * Russell Mfg— __50 Rustless Ir & Steel. 1 13% 6% 2% 5 7% 13 it Last sale, 4% 6 92 111 58 $6 preferred—100 51% Ruberoid Co 89 % 13% Smith (A O) Corp. 10 Smith & Corona 2% 10% 79% 8 2 2% 3 25 , 77% 4% 13* 18* 2 1 Typewriter.* 7% preferred.-100 Royalite Oil Ltd—* 5 34 conv 9% 1% 11% 14% of N Y ord shares. * $3 2 Royal 4 14 Warrants SIrian Lamp Preferred Royal Dutch Co 110 pref Rayonier lnc com__l $2 cum pref 25 Raytheon Mfg__50c 6% preferred 5 Pile common 10c 100 preferred 100 Randall Corp pt A.* 1% 14S 15 14 1 10 Preferred Ralston Steel Car— 123 11 Rossia Int Corp • Rox borough Knitting 39 Luminous Class 14% 112% % 3% 1% Product A 12% Penn Vy Crude Oil— Class A 6 Class common Warrants 22 Penn-Mex Fuel 1 Penn Rivet Corp__l Chem.l $5 pref B Industries— Units _ Radio Corp of Am.* 1 Penna * 5 % conv pref. .100 6 % preferred- -100 15% 15 * Pure Oil Co New Switch class A. -10 20 lnc Rademaker Air¬ com..* 230 35 110 xo* $1.20 conv pfd.20 Rose 5 10&25c Store common 1 Ross Gear & Tool * 112% %6 3% F 7% 75% * * pref Preferred * % 55% conv Simplicity Pattern .1 Singer Mfg 100 Singer Mfg Ltd £1 Sioux City Stock 90 * Root Petrol Co Shamrock O & G..1 Sharon Steel Cp * Yards 100 Rollins Hosiery 1 Rome Cable Corp.5 Roosevelt Field 5 9% * Common 3 5% preferred. .100 24 21S 1 5% 19% 18 * 45 * Preferred Pullman 3% 15c * Corp Timber & Preferred lines 50* 6 2% Pender(D)Groc'y A* Penn-Central 7 102 99 * Peerless Weighing 10% 1 % 9% Corp com..* Proc & Gamble 8% 21 100 Parker Rust Prf_2% Park <fc Tilford Tnc.l Peerless Cement _ Rogers Majestic 1 Price Bros & Co 4 10* Steel Car— 8% preferred-.100 5% preferred-.100 7% preferred * Peabody Coal B 5 6% preferred--100 Peck, Stow & WilclO _ 6% 1% Preferred Rogers Peet 5% conv 1st pf„„5 5% conv 2d pf__50 Pressed Producers Corp. .25c Parmelee Rochester Button 7% 8% Common 46 14 Rig Robinson(Dwight \P) 7% 1st pref.-.100 . 7% preferred. .100 Seton Leather Seversky Aircraft--1 Simmons Hdw 4 12 7% 7% 7 32 40 common Preferred Selby Shoe * Sentry Safety Con.i Serrick Corp cl B..1 Servel Co. 1 Simmons Co 18% 3% 9% Roeser & Pendleton * 8% 39% 13% Reel % % 21% % % 9 Parke Davis Co._* Parker Pen 10 Parkersburg 20% 2 100 Common Robertson (H H)..* Robertson Pap Box_5 47% 90 100 10 1% % Preferred SImmons-Boardman 2% 1% % Bobbins & Myers. _* Preferred 25 46% 7% 4 1 % 2% * * 45 7% 2% 2% 5 16% 1% 50 Rubber.* Prior pref Ritter Dental Mfg.* B 1 Preferred Seiberling Shuron Optical 2 Riverside Cement— Class A * Rockwood <fc Co 28 3% 4% 108% 7% 2% 13 Class Segal Lock & Hard Common 45 21 pref 12% 5% 29" 28 11% 8% 15% % 38 conv 2 105% 80% 42 it* Pressed Metals Am.l 99% 3% 5 .10 35 Hall 87 6% 1st pref 6% 2d pref 38 * Prairie Oil & Gas_25 9% 6% 37% 11% Pratt & Lambert--* % Refining com 1 Pantepec Oil Co— 86 6 57 Prentice Panhandle Prod & 9% 82% 100 Rockbestos Prods— Preferred 100 com 50 6 9 30 32 75 47"" 1 6% common 68 * Sheaffer (W A) Pen* Shell Transp & Tr £2 Shell Union Oil * 60 65 1 Porto-Ric-Am Tob— Class A * 12% W orks Preferred * 45 49 * Riley Stoker Sears, Roebuck Sharp & Dohme * 100 Voting trust ctfs__ Pollak Mfg * Poor & Co class B__* Polaroid Corp 80 Pan-Amer SouthernI 19% 40 45 Porterfield 11 19% 100 3% 19% 19% 16% 2% $3.50conv oref._* Shattuck (Frank G)» Shawnee Pottery.. 1 53 Common Warrants 35 100 Preferred 11% Class B 1 Pan Amer Match.25 Pan Am Petrol & Paraffine Co 7 Pocahontas Fuel .100 16* 10% 1 Corp.l $2 cum pref w w_* $2 conv pref Seaboard Oil (Del).* Seagrave Corp. * 11% RIchman Radiator. 1 Richmond Cedar 4% "7% Warrants Seaboard Fin 12" i* 14% 20H J * 30 4 26 25 11% Rice Stix Dry Gds_* 1st pref 100 2d pref 100 Richardson Co * Richfield Oil of Calif 13 Mfg Scranton Lace 4* 116 18 11 10 common * Scullin Steel pref. 50 Common * $5 3 Plant * 5 57 7 10 ordinary 30 Plough lnc Plymouth Oil 50 1% 8% * 2.50 50 WA 5s 25 22 1% 50 Co 1 Rhodesian Anglo. 10s Rhodesian Selection 6 90c . 15 JV* RheemMfg 8% 72% 60c l Reynolds Tob B 25 5 7% cum pref-.100 5%% cum pf._100 Reynolds Metals. _* 5%% conv pf.100 Reynolds Spring 1 9% 5% 8% Pleas't ValWine Col 1.80 2 100 Pittston Co 80 Transport par B 9 6% 99 Plant Reduction 4% 4% 4 eign Corp class A1 $50 58 it* 4% w__25 27% 3% 18% 4% 1 _ ware com 20% 3% 12% % 68 warrants Preferred 10 Revere Cop & Br__5 Class A 10 6% 9% ~5% 15* Republic Steel * 6% conv pref. 100 6% prior pf A. 100 Respro lnc com * 40 10% 9% 101% 4% 19% 2% 12% 2 67 4 11 28" 25 * Palmer Bros 35% 6% 1% 26% 3% 15% % 8% . 4%% preferred _* Seeman Bros 10 Reo Motor Car 25 Pittsburgh Steel—* 7% pref B 100 5%% prior pf.100 5% pref A 100 10% 3% Page Hershey Tubes k 101% Mar. 9 50c 1 Pairpont Corp. .100 Packard Motor conv Pitts Screw & Bolt.* 40 Pac Amer Fisheries 5 Pacific Can * Pacific Coast Co.. 10 1st preferred * 2d preferred * Pac Eastern Corp.-l * Preferred Marine & Manufacturing..5 7% % 8% >A Winterfront.l 35 Outboard 7% Pillsb Flour Mills. _* 6 m pref. 100 conv 9* 10% 100 w 20 % 6% rights Preferred Renner Co 4 18* 7A conv Bond Pierce Oil Corp— Onondaga Pottery.* Ontario Mfg com * 4% 2% 38"" Retail 8% preferred ..100 Scovill 31 pref.25 Remington Arms..* Rern'tn Rand com.l 8% 5 Pkge Corp 99 * Preferred- Pictorial Paper 65 Schwitzer-Cumm Scott Paper.. Reliance Si eel 3% 5 Preferred 31% 27 6 Reliance Elec & Eng Common 5 Reliance Mfg Co 2% 34% 3% 42 37 2 30 26 * 100 7% 1st pref—.100 Relter-Foster Oil_% Reliable Stores * 28 % % 4% * 6% %« Sts.l 30 Schulte 89 100 Preferred 27 Mills Ltd 4' 24 76 5% preferred 7 % preferred Schulte Real Estatel 6 Preferred 25 Reis (Robt) & Co..* r* 7% 3% 16 4 6%% pref Regal Shoe pref. 100 Regent Knitting 67% 17% 72% 11% 50 Reed Roller Bit Reeves (Daniel) 13 10% * com 1% Units 8 Schirf Co 51 1% Preferred 7 13% 71 1F Reece Fold Mach.10 Reed Prentice com.* 3 Schenley Distillers.5 5%% pref 100 13 4 7% Red Bang Oil.....* Reece Button HolelO Per share Par 50 cum Bid Stocks Ask share 3% 5 pref. .100 Reda Pump * 19 12 3* Per Par 31% 1% 3% 1 Bid Stock* ■ M Phillips Packing * * Phillips Petrol Phoenix Hosiery—5 7% preferred--100 Pick (Albert) com.l 2% 9% 120 com.* Record Phillip-Jones Corp.* 7% preferred--100 6 47 i* 17 Preferred 110 5 24% 7% 17% 8% 31 Phila share 120 115 Phila Insul Wire—* Phil & Read O & I_* 25% Ask Per Phelps-Dodge 25 Phila Daily News. 10 Phila Dairy Prod..* $4 preferred * $6 preferred * 14 17 Machine Corp Ohio Leather Ohio Match 6% preferred-.100 Oldetyme Distillers 1 * Circle Permutit Co Ohio Forge & Oilstocks Ltd 5 Okonite common 100 * Perfect 67 16 % N'west 7% preferred Pepsi-Cola 5% N'west Engine-.--* Yeast 100 Norwalk Tlre& Rub* Par 10 possible for the .dosing day of the month preceding the date of Issue Bid Stocks Per share 25 27 89 STOCKS MISCELLANEOUS & are as near as 3% 92 12% 13% 29% 31 % Ex-dividend. 1% Spear & Co $5.50 preferred Spencer Kellogg 17% 3% 20 40 51 * 2% 1 5 2% 6 74 * * Spencer Shoe * Sperry Corp vfcc-1 Splcer Mfg Co * $3 conv pref A—* Spiegel lnc com 2 $4.50 conv pref._* Springfield Ice & F.5 Square DCo 1 Squibb (E R) & Son* $6 preferred 4 12% 2% 37% 17% 3 13% 37% 14% 45 47 10% 11 63 67% 2% 21 22 29 31 108 90 INDUSTRIAL & MISCELLANEOUS STOCKS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Bid Par Stocks Ask 8tahl-Meyer com-.* IX 100 fcaley Mfg Co 10 7% preferred--100 $5 preferred * Standard Brands._* $4.50 cum pref..* Standard Brewing..* Stand Cap & Seal._l 14 Conv preferred Standard 15"" 107 84 109 , 6% 100 X 86 iooH 15 22 X Time Coated X 5 Preferred pref.20 conv Stand Oil (Cal) * i!K Stand Oil (Ind)—25 Stand Oil (Kan).. 10 17 % Stand Oil (Ohio)—25 5% preferred-.100 18 6% 45% 18 % Stand Oil ofN J..25 45 X 104 Standard PlasticslOc Standard Products. 1 Screw. .20 Preferred A 100 33 Stand Silica com—1 3X (stand Steel Spring-5 1 18 H Stanley Works 35 Starrett (L S) Co..* Starrett Corp— 37 24 X IX t C—1 * Preferred 25 Stein (A) & Co com * Preferred 100 Sterchi Bros com—* 2% Todd 35* Iy: Preferred 50 k 5% 2d pref 20 k 5X 2% 2% 1 70 3 * common Stix Baer & Fuller. 10 1 25 12 Class 5% 2% ~5% $1.50 preferred. _* Twin 8 1 1 Sutherland Paper. 10 Swan Finch Oil.—15 Sweets Co of Am.50 Swift ft Co 25 Swift Internat Ltd— dep ctfs of bear shs Sylvania Industrial * ww l l l $2.50 pref * Talcott (James) ...9 e%% partic uf.50 Talon Inc common.5 1 Co 5 Taylor & Fenn__ 100 Oist.. Iron & Steel * * Tennessee 7X Un Artist Theatre.* Preferred 100 9 United 59 X 7% $3.60 conv conv pref..* pref 1 10 pref. 100 Chemical. _* $3 part pref * United Cigar Stores— 6% preferred.. 100 United Cigar-Whalen Drug 5 Dyewood.10 7% preferred..100 5X United Elastic. Electric * United 27 X ie% 17X Coal Cos com Un Eng & Fdy United Fruit 5 26 X Preferred United Profit 100 Sharing Class Preferred 100 No par value. 6% * 18X 59 U 8 I (i Alochol * U S Leather com..* 3 X iex 7% cum pr pf 100 _ 1 at lot). A: Last sale, 33 36 66 69% com..* Preferred • Waltham Watch cl B 7% prior pref. 100 6% preferred.. 100 % 5 X 6 * __* 3 pref ;* Warren Fdy & Pipe * Waukesha Motor..5 Wayne Knit Mills.5 18 5X Weisbaum 15% 3% 16% 53 6% 4 7% Nominal, Brow er 1 Welch G'pe Juice 2 7 Preferred 100 Wellington Oil 1 Wells Fargo & Co__l r 4% 44 1% 7% 2 n 2% 36 47s 46 2% 8% 2% Canadian price, W)_10 5% 1 15% oO 119 45 X Wool worth Ltd— Am dep rects ord. 10 102 * 4%% series prior preferred 100 Wright Aeronaut'l.* Wrigley (Wm) Jr.. * Wurlitzer (R) com 10 Preferred Yale & Towne 100 25 43 X "ex ~9X 24 25 47 X 22 23 n% 2X 4% 7% preferred.. 100 York Ice Mach * 13 X IX t New stock, 3X 1% x 7 77 24 X 80 100 127 Young (LA) Spring & Wire * 12 Car Steel common 5 2% * 18% Youngstown Steel common Youngstown Sheet & * 5X% pref.. 100 Young (Thomas) Nurseries Zenith 105 3 Young (J S) Co. 100 Tube 4% 14% 94 IX Door 60 24 75% 13% 104% 4% 36% Youngstown Vex 34 Coach Mfgcl B..1 Preferred 44% 24% 15% 10 x 2 13 X Yates-Amer Mach .5 Yellow Truck & 7 % Preferred. -100 Bros com 100 preferred ...100 (Northam) Wayne Pump. 1 Webster Eisenlohr.* 7% preferred..100 30 51 6 1st pref.* cum 4% 7% pref A 100 6% pref B 100 4% % conv prior 20 55 28 cum. Loth'plO Preferred Woolw'th (F & Mach J2 Preferred 1% 3% 4% 53 Worthington Pump * $1 $3 Woodw'd & 42 10 X * Prior pref units Woodward Iron..10 90 * * Woodley Petrol l Wood Newspaper Machinery pref..* 86% 6 pf 21 Wood (Gar) see G 40% 19% 6% preferred 10 Ward Baking Corp— com 5 Worcester Salt.. 100 Preferred 100 5% ex conv Goodwill e% 17% 5 Com class A Com class B The 17 * Walworth Co $3 conv pref * Warren (S D) Co..* 4% IX ex % 20"" 2 n ~5% 5 1% 50 Station 16 92 3% 7% Preferred Good'm 87 86 pf..50 ex ix 23 x Warren 177 conv 7% preferred. .100 Woodall Indust 2 (H) Warren Bros 84 5%% Wood (Alan) Steel .* 2% ex 8X 1% 26% Worts 44 170 Machin'y5 3 6 1 115 Witherbee Sherman 19 35 3% ex X 2X 18X 2% 4 % % pref w w 100 3% 7% * 20 * Warner Co 20 U 8 Hoff Class B $3.85 6 Wilson-Jones 19 X Waldorf System * Walgreen Co com..* & 18 80 Willson Products-.1 Wilsonite Corp A Wolverine Portland Cement com.-.10 Wolverine Tube 2 30 * 1 IX 38 * WJR Waitt&Bond Inc A * Walker * IX 100 Preferred Winsted Hosiery 100 Winters & C'mpton 1 6X IX 5% 2 * -tOc Warner Bros. Pict._5 5 $6 preferred Wilson Line 44% ex % Wagner Bak vtc-1 9% 77 X 57 78 30 116 X 7% preferred..100 z/ 3% 1197 21 78 Wilson & Co 3 6 7 % preferred. .100 Waco Aircraft * X 7%preferred._ 100 7X J Called June "ix * U S Foil B U S Freight U S Gypsum 3 X 15% 25 Finishing 7% preferred 8X X 5X 1% 9% 76% 43 X 3 X ..25 U S 4X ex 4x 3 X 22 2% 20 27% 110% 42X pref * Willys-Overland 1 6% conv pref. _10 20 * 5 Conv 15% 5% preferred.. 100 VogtMfg * Vulcan Corp com..* 4X% pref....100 3% preferred-.100 Vulcan DetinninglOO 55 10 1 Specialties. 1 U S Distributing * 7% conv pref. 100 U S Envelope... 100 28 X 4 62 2% 2% Wil-Low Cafeteria— 38 X 30c Brewing....1 6% part pref. .100 Va Iron C & 0..100 72X 4% 60 7 * (R C)---* * Pump Preferred 7% 23 X 70 * Preferred IX 7X 20 1 United 2 57 X 3 B Un Shipyards B Class A Un Shoe Mach 14X 5X 4X 4% 29 X 69 X 25c United Screw & Bolt Class A 5X 7X Merchants Unit Piece Dye com* X 4 68 Amer dep rets. _£1 Unit Paperboard. 10 Preferred 100 90 65 19% 5X 7% 83 5c * Victor Chemical 5 Va-Car Chemical-_* 2% IX 5% 4% 19 X 5 40c X 7% Oil-O-Mat W illiams 103 50c 39 Victor 2 1% 4* $50 com Preferred 38* Viking 5 28X $3 part pref * United Molasses Ltd X c.3 5 4X * 6 Mfrs v t c 1 United Milk !'rod__* 31 v t 44 4% 40 5 3 11 Sugar Vick Chemical Wahl Co ex 4% 35X ex 40 x 42 X Vertientes-Camag'y Sugar common. .5 Vicana IX Petrol .1 58. 15% 4% X 5X 47 60 X ex 18X 16 117 X 24 X 10 29 Venezuelan 18 United 10% 2 X 23 X United 5 100 Inc ._* 9% 15 2X X * Venezuela Mex OillO Venezuela Holding. 1 2d series warrants. 12X 37 X 41 7% 1st pref 17% 115 Corp Veeder Root 10c $5 preferred..-_.* Un Drill & ToolClass A * Class B * com Part conv& cl A.* * 8% 40 37 14 United 2X 9% IX 57 Carbon United-Carr Fast.. Land Co 8X 17 Biscuit conv United 18 7 X Chocolate Van Raalte Co 38 $3 9 62% 37X 4 X 28 X Thermoid 75 7 60X 15 * 22 71 14 13 X Thatcher Mfg 21 * Prior preferred-_* Wilbur Suchard 25 Preferred * Texas Corporation 25 Texas Gulf Prod.. * Trust old stk__ 100 Ctfs sub shares. 1 * 5%% prior pref.* Valley Osage Oil Valspar com 1 $4 conv pref .5 Wieboldt Stores 13 X 27 X Texon Oil & Land..2 % 24 14 X 8 26 * Stores com 1 Conv preferred. 15 Un St Yds Omaha 100 9X 4% IX Pacific X 18% Wickwire Spencer Steel common.. 10 ~8X Cor p. ..5 Tennessee J Tod...* Term & Trans com. 1 Texas Gulf Sulph —* Tex I'ac Coal & OHIO 51 * $4 preferred * Van Dorn Iron Wka* Van Nor Mach Tool5 43 1 45 Van Camp Milk 13 X 12 14 x 5 12 Pipe common..25 Whittaker Paper— 7% preferred..100 Whittall (M J)— 5% preferred 10 Vanadium 41 4% 1% 9 * 7% first pref.-100 Whitlock Coil 17% 37 X ex "'% 60 40 7% IX - Common 17% Mar. 24 2X 3X 6 24% 18% pref * White (SS) Dental 20 White Rk Min Spgs- 17% 125 X 33 ~7X 60 Mach 11% 30 conv Union Oil of Calif. 25 Union Premier Food * Transport 5% 4% 2X $4 100 Common IX 5% conv pref. .3 Weyenberg Shoe Weyerhaeuser Timb Wheel Steel Corp 6% Preferred. .100 $5 conv prior pf-"" 5X l Telaut'g'ph Corp.15 IX Westvaco Chlorine. Wm Taylor Young Texas 160 100 7% cum pref. .100 Valley Mould & Iron 3 50 37 X A Class 5 12 Weston El Instru— 83 Stores l com. 4% 48 Westland Oil 8% preferred ..100 Taylor-Wharton Airplane Co Technicolor Inc 8X 2X 2X % 12X 19% White Sew 72 7% preferred-.100 Corp— 21 4% 8X 12 9X 68 Sugar.5 10 103 X 93 X 137 _ Vadsco Sales 34 26 2 * 12 X 1 19% Westinghouse Elec & Mfg com 50 7% 1st part pf. 50 White Motor Utah Radio Prod—1 Utica Knit Co 100 19 X 31 33% X 5X 2% Common 18X 29 20 X 2 dH 15X Preferred * 74 6 cl A. | Taylor-Colquitt 2% ex 2 common United x w 85 2X ex Stationery Westinghouse Air 73 Symington Gould- Taggart Corp 77 X * 1 2% 8X "3% * 2% 22% Western Tablet & Union Carb & Carb * Union Mfg. 25 ' Mills class A Class B 2% 7% IX 49 X X 4% 3 1 93 X ' Brake common..* 34% 45 X 44% 12 Preferred Utah-Idaho 100 25 37 * 75 34 ex 12% Western Newspaper Union common. _* 35 Superior Oil (Cal) 25 i 30 5 2X ex 3% 1 $3 preferred * Western Groc Ltd.* 20 25 Superior Steel 100 Susquehanna Silk * 23 10 32 23 X Superior Portland Cement A pref..* Mar. 16 ex 3X U ni versal-Cyclops com. Preferred 100 Western Air Expr__l West Auto Supply— Preferred 50 X 113 3% Steel Foundry 1 W Va Coal & Coke. ♦ W Va Pulp Pap..* Valvoline Oil comlOO 28 1 65 49 X 111 Universal Cons OillO Corp 65 Western Dairies dy° 87 Steel 19 * Common 6% prior pref. 100 Universal Corp vtc.l Universal Prod Union Tank Car 10 x 2 3% 36* 8% preferred-.100 United Aircraft United Air Lines d* J* 9 3% * pref conv 48 Corp 12X 2X 34% Taylor (K) » 8% 1st pref 6 124 IX com. drift $4 West Indies Sugar. 1 West Michigan 40 6 ex —1 Tampax Inc Tastyeast inc * Univ Leaf Tob 3 ex 1 4X 2% 2X 12% Wentworth Mfg. 17 Preferred * Wesson Oil & Snow- Bleachery 100 9X 33 Common Common 2% 5 * B 1 2% 5H% Class 3 X 29 X 14 Per share Par Willcox & Gibbs__50 Wilcox (H F) Oil 6 Gas 5 79 pref..100 __ * Series A pref Series B pref— 46 8% 8X com—1 com Underw Ell Fisher Unexcelled Mfg.. 10 Union Bag & Paper 100 4% 5 com Coach Qlen & Co Mach common 1 20th C' nt Fox Film Common * 43 * com A 7% preferred..100 Tung-Sol Lamp 1 80c div conv pref * 3 conv pf 50 Superheater Co * Superior Oil Corp__l „ pref conv Vot tr ctfs United Stove 1 United Wall Paper .2 Upson Co 98 1.25 preferred..* Studebaker Corp.. 1 Submarine Signal.25 Sullivan Mach'y * Sunray Drug Sunray Oil $6 * 9 Struthers Wells cum * Chatillon-.l Union Hirshberg.* oil United Stores A ex 3X 31% 2% 3X 24X Universal Pictures _1 14 9% 5% . 6% United Stockyards— Common 1 Conv preferred-.* 3X 7X 8X ~4% 6% preferred. .100 7 % preferred- 100 Stromberg Carlson.* 6% preferred--100 Stroock & Co * Tool 34 6 IToducts * Trunz Pork Stores. Truscon Steel 10 22 7% % Stone & Webster—* Storkline Furn 10 Straw b'ge & Clothier Sun * Truax-Traer Coal._ * 6 Stokely Bros Sundstrand Preferred U S Tobacco 7X 3% 20 Titus ville * * Daylight Forging 50 U S Steel Corp * 7 % preferred..100 U S Stores com * 29 14 2 12X 22% X IX 7 % non-cum pf_25 IX 33 §9% 63 6 ex 91% 32 * Conv 1st pref U S Sugar Corp 14 X 1X 38 lstpf.100 4 6 1% U S Sm Ref & M.in50 3X 71 5% Preferred 25 Stewart-W arner 5 Stinnes (Hugo)Corp5 Strouss 65 7X Trico 39 * pref IX 66 X 15 Triplex Safe Glass. Triumph Explos 2 Trojan Oil & Gas of Delaware 1 8X Mar. 15 1 Preferred A Stetson (JB) Conv 16 1 27" 100 n-cu 10 Mar. 14 35 Sterling Brewing 1 Sterling, Inc 1 Sterling Products. 10 Stern Bros U S Rubber 7% preferred 13 14 X * Trans western Oil .10 Sterling Aluminum com 4X 25" 2 Lux Realty & Imp.* Tubize 6% lstpref Products U S Rubb Reel 47 Steel 106 2M 62 Screen-.1 Transue & Williams 13 105 59 1 6% preferred—50 Picture 70 10M U S Transamerica Corp 2 Transcontinental & West Air Line 5 2X 67 U S Radiator * * Trane Co r r 13 Securities..* Trans 50 Bid Stocks . 1 38X 3X 111 Ask Per share % Corp pref.20 conv Preferred 5 Shipbuild Torrington Co * U S Postal Meter. .1 U S Print & Litho— Common * 130 12% : * Shipyards Toledo 39* 2ex 11X $1.50 8% Tokhelm Oil Tank & Pump Towne 95 X 125 Am dep rets ord £1 Am dep rets def__ X 133 Stand Tube cl B v ex 19 X 105X X ex Standard 8teel Co of Can 10 x 45 Stand Oil (Ky)...10 Stand Oil (Neb) -.25 Common 12% Tob Prod Expts * Tobacco Secur Ltd— 26 ys 25 X 50 X U S Plywood Common 10 X 12 X 93 10 Roll Bear.* Stocks, Inc IX ~2X 9 pref * Tishman Realty Tobacco & Allied IX 9X 21X U S Pipe & Fdy..20 U S Playing Card.10 * Timkeu 1X Tobacco com 1 Standard Dredging Common 1 U 8 Lines 367 IX 7% preferred..100 3 x Stand Commercial 11X 2 * com Par 207 102 X conv Inc Bid Stocks 3 Timken-Det Axle.10 Products com. 10c $1.60 10N pref.* Tilo Koofing com_.l .17* 21 .10 ^5 Thompson (J R)._25 Thompson Prod—* $5 conv prior pf_* Thompson-Starrett * $3H preferred * Tide W Assn Oil.. 10 4X% Ask Per share Thew Shovel 2 15 Preferred Bid Par Per share com Radio Zonite Products Ex-dividend. 1 * 1 35% 76% 9 16% 2% 2% 13% Quotations for all securities possible for the closing day of the month preceding the date of issue are as near as 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 bolow, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a percentage basis. In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance, a certain bond matures from 1937 to 1951 and is quoted 0.50 to 3 %—would indicate that the 1937 maturity yields 0.50% and the bond due in 1951 in yields 3 %. - Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield basis; all other figures are bid and asked prices. Yield Basis To or Bonds Bid UNITED STATES—See Bonds— Yield Basis Ask also pa ge 19. Bonds Bid 4Ms Oct 15 1947-1952-A&O 120.13 120.16 4sDec 15 1944-1954 3 Ms Mar 15 1946-1956 3 %a June 15 1940-1943 3 Ms Mar 15 1941-1943 3 Ha June 15 1943-1947 115.23 (Ms 1942, 1946, 1949—M&S b 2.70 is pub highway 1949-51-M&8 5 2.80 4s refunding 1941-54 J&J 5 2.25 3 Ms refunding 1955-65—J&J 5 2.80 115.1 State Bridge Corp 4s 104.26 Treasury J&D 115.20 M&S 114.30 J&D 104.24 M&S J&D 3Ms Aug 1 1941 F&A 3 Ms Oct 15 1943-1945-A&O 3 Ms Apr 15 1944-1946-A&O 3 Ms June 15 1946-1949 J&D 3 Ms Dec 15 1949-1952 J&D 3s June 15 1946-1948- J&D 3s Sept 15 1951-1955- -M&S 2Mb Mar 15 1955-1960 M&S 110.27 107.4 110.29 107.6 110.31 111.4 111.1 111.15 110.16 109.22 107.2 108.30 15 1947 —J&D 3s Panama Canal 1961-.Q-M 3s Conversions 1946 Q-J 3s Conversions 1947.—..Q-J U S Treasury Notes— 104.2 123 2M% June 15 1939 1M% Sept 15 1939 IM% Dec 15 1939 1M % Mar 15 1940 1M% June 15 1940 1M% Dec 15 1940 1M% Mar 15 1941 1M% June 15 1941 1M % Dec 15 19411M% Mar 15 1942 2% Sept 15 1942— 1 M% Dec 15 1942 1M% June 151943 1M% Dec 15 1943Home Owners' Loan Corp— 3% prin & int guar '44-'52 2M % prin & int guar '39-'49 2M % prin & int guar *42-'44 1M % prin & int guar 1939— Federal Home Loan Banks— 1 % series E July 1 1939..— 100.12 101.26 - Birmingham— 3 Ms impt ref 193&-50—J&J 3 Ms Imp ref 1942-1958 A&O 4s 1939-1961 A&O 4 Ms 1939-1960 A&O 58 sewers Sept 20 1941 M&S Florence refunding 1% to 4%_ Gadsden 6% impt long mat— 111.6 111.17 110.18 107.4 109 108.3 106.26 106 105.3 5s schools 1939-43 M&N 4Ms Ref 1939-1961—A&O 112 103.3 103.4 104.13 104.15 105.27 105.29 104.26 104.28 102.6 102.8 102.7 102.9 1.50 to 3.50 5s 1939-1964 76 4s 1939-1945— 1946-1961 74 J&J 100.16 102.22 102.25 Ref 3Ms 1978-1987-F&A Ref 4s 1946-1986 F&A 96 3.60 3.90 3.00 1.00 98 to 3.50 to 3.70 to 3.50 to 3.60 2.00 to 3.00 33 to 3.75 3.25 J&J 5 1.50 to 3.25 6s Jan 1 J&J 5 3.75 less 100.27 100.29 5-4s 1954-1960 5-4 s 1961-1967 100.26 100.28 5-4s 1968-1977 100.24 100.26 102.1 102.4 4M~4s 4M-4s 4M-4s 1 3.25 less 2 less 1 2.75 % 98 M 97 M 97 5 0.75 5 0.50 93 M 93 91 92 1 83 91 83 M 92 91M 93 .Jan. 5 1.75 to 2.40 Pub Imp 2Mb 1939-57-J&J 5 0.50 2.10s July 20 1941-1945—- 5 1.00 1.70% refdg 1940-44-M&S 1.75% refdg 1940-44.M&S Philip Isls 4Mb 1952—J&J 1.50 117M 115M 5 0.25 5 0.50 5 0.75 5 0.75 M&S to 2.50 to 2.40 4 Ms 1950 110 4 Ms 1957 M&N 4Ms Oct 1959--—....... 5s April 1955 —— 113 115 113M 115M 4M8 Univ Bldg Jan5'40-65J&J 4Ms Highway 1939-48.J&J30 4Mb 1940-1947 F&A 4Mb Olympiad 1939-71—J&J2 4 Ms 1940-1952. F&A 4s Harb Imp 1985 opt *50. J&J 101 102 5s Jan 2 5s Feb 1952 114 4s Jan 2 109 M 115M 110M 112 114 . 5 Ms Aug 1941 Puerto Rico— 5s July 1954 opt 19435s 1950 opt 1944 5s 1948 opt J&J J&J 1943 4M& funding 1963. —J&J 4Mb July 1952 J&J 4s gold 1953 -J&J 2Mb 1940-1946 J&J 2Mb refunding 1940-49.J&J 110M •HIM 111M 5 2.25 5 3.35 112M 2.90 4Ms 1956 and 1959 * M&S TM-free in Connecticut. 6 2.95 6 3.10 1 on to 2.75 0.50 1.10 to 3.10 to 3.35 1.00 to 3.15 1.00 0.50 to 3.15 0.50 2.75 to 3.00 0.40 to 2.55 page to % 2.80 % 2.50 % 0.50 to 2.10 0.40 to 2.35 0.75 to 1.00 1 1 I 1.50 3.50 40 J&J J&J J&J 2.25 to 3.35 2.75 3.45 to 3.50 J&J 3.50 to 3.60 0.15 to 0.85 Imp D— 1964-1973 5s 1974-1983.... to 2.60 East Hartford to 2.40 J&J 6 0.50 to 2.55 1.00 to 2.10 0.50 to 2.00 0.35 to 1.70 0.40 to 1.70 0.50 to 2.15 1.20 0.25 to 1.10 % 0.35 0.35 to 2.25 to 1.85% (Town)— to 3.00 to 3.10 Greenwich— 3s 1939-1944.1 Ms 1939-1947 Hartford— to 1.70 0.50 4 Ms School 1939-59—M&N 1 Ms 1939-1945 F&A Fairfield (County)— 1 Ms 1939 to 1950 Nominal. to 3.60 CONNECTICUT to 2.25 57 1.70 to 2.20 2.30 1.00 % to 2.00 to 2.15 0.50 63 to 2.25 1.85 to 1.00 2.20 to 2.40 2.35 0.50 0.25 to 2.20 to 2.20 2.30 3 Ms Mun Water Retire ■ 1963-1972 opt 1955-A&0 2 Ms Sewer Disp *47-'56A&0 to 2.10 1.90 % % % to 2.50 1.10 3.65% March 1, 1950-54— 2Mb Sew dist 1947-56-A&O 3s 1963-1972 opt 1955.A&O to 2.25 to 2.20 to 2.60 0.60 2.30 0.60 0.60 5 D No 1 4 Ms 1939-47-J&D 4s July 1941-1945 J&J 0.50 0.50 n to 2.80 to 1.50 to 2.35 /Flat price, to 2.50 0.50 % % % to 2.00 0.50 b Basis. to 3.05 0.50 0.50 to 2.20 bid side, to 2.80 to 2.70 0.50 Refunding 5s 1983 to 2.25 to 2.60 to 1.40 Imperial Irrigation District— Refunding 6s 1983 J&J to 1.90 to 2.90 2,60 0.90 1.70 2.65 East Bay Mun Util Dist— 5s 1940-1974 J&J b O.40 East Contra Oosta Irrig Dist6s 98 Golden Gate Bridge & H'way3 Ms series C 1942-1971 .J&J 6 1.40 to 2.90 0.75 0.75 -J&J2 J&J2 1941-1943 1944-1948 0.40 to 1.60 93. Funding and building bonds lMs 1939-1943— J&D IMS 1944-1958. J&D Branford (T) 2s 1940-57-J&D Bridgeport— 5s Refunding 1939-48.-J&J 2 Ms Refunding 1939-47 J&J 1 Ms 1940-1948 J15&D15 Bristol 5 Ms 1939-1957—J&D Danbury— 3 Ms Fund 1941 tax'le.A&O Darien 1Mb 1939-1958.-A&O 5s School 1940-1955 2.80% to3.20:% 2.75 % 2.80 % 3.00 % I Less to 0.50 Bakersfield 5s 1939-1952-A&0 Berkeley 5s 1942-1951 J&J ALABAMA 4s renewal July 1,1956——, to 2.15 0.40 2 Ms Feb 1 1940-1954.F&A Alameda 4s 1939 to 1941-J&D 4 Ms Mun Imp *39-*48-A&0 to 2.40 8 Ms renewal class O 1956- J&J 5 3.00 4 Ms harbor lmpt June 1 '39-*73 6 1.00 4Mb highways 1952 ..M&S 6 2.90 0.50 — to 2.25 5 0.70 to 1.85 0.40 0.50 1.75 3 Ms Jan 1 1940-1949 J&J Veterans Welfare— 3s Feb 1940-1952. F&A 2 Ms Feb 1 1940-1954-F&A 3.20 115 6 3.10 5 0.75 0.40 to 2.70 % to 2.25 % 0.50 — 2.00 114 112 to 2.90 0.65 4Mb Water '57 *58, '59-J&J 4Mb 1939-1951 J&J 4Ms Water 1939-1977—J&J 4s Wat Distrib 1939-53 J&D 4s W .t Distrib *39-'63 J&D 2s 1940-1949— J&J San Joaquin Co 5s '39 '49-J&J Santa Barbara 5s '40-41 JanlO 4Ms gold Aug 1943—-F&A Turlock Irrig Dist 6s West Side Irrig Dist 6s / 5 Ms to 1.25 to 2.90 0.50 5 Ms 1914-1963 5 Ms 1947-1956 CALIFORNIA to 1.50 to 1.25 0.50 Redlands 5s 1939-51 J&J15 Riverside 5s 1939-53 J&D Riverside Co 5s '39-'54—M&N Sacramento 4s Jan 1940-1915 Moffat Tun to 2.40 to 1.25 4Mb Water 1962-1965-J&D SDNol 4Mb 1939-53.J&J 102 4 Ms Fund 1941-1950.M&N 103 4s Water Rev 1940-76.F&A 5 3.40 less 1 Little Rock S D 4s *40-'55 M&S 102 St Francis Levee Dist— 5 3.00 4s1944 1 4s 1958-1960 105 M 104M 4.00 % 5Ms 1955-1965--%b 4.20 1.40 5 0.50 6 2.00 to 2.25 0.50 0.50 4 Ms Water 1944 J&J 4 Ms Ref Wat 1939-67-J&D Little Rock— to 0.25 1.00 Ref lMs 1910-1943-.-M&S b 0.60 Denver (City and County)— 97 M 94 M 93 M 4Ms 1939-1950 to 2.40 M&S J&J Orange Co 5s 1940-45 Pasadena 4s 1940-42 2Mb State H'way '39-'54-J&D 3s warrants 1939-1951—J&D 2Mb warrants 1952-'54—J&D 2s Highway ref, 1939-'47.J&D Colorado Springs— 97 M 96 M 96 M Hot Springs— 3Ms Sept 15 1940-53-M&S Hawaii Terr 4 Ms '49.M&S 15 4Ms Jan 1945— 4 Ms Nov 15'39-'56_M&N15 Pub Imp 4Ms 1953..-A&O 4 Ms Oct 1956 opt '46 A&O 4 Ms Nov 15 1939-58-M&N Pub Imp 3.10s '39-'56 M&N to 2.85 to 1.50 0.40 COLORADO Attorney Gen opt 19443s Rose, Hemingway opt 1944 to 2.50 0.40 % 3.50 1936-44—J&J CANADA—See 98 M 97 M —. 5-4s 1949-1953 2.50 to 1.60 - ARKANSAS 5-48 1 943-1948---- PO SESSI ONS Honolulu (City & County)— 5s Pub lmpt 1956—J&D 15 5 2.80 5s Jan 15 1910-'56—J&J 15 6 2.75 0.40 0.40 J&J Sacram'to Co4Ms '39-46 J&D San Diego 5s W W *43-'54A&0 5s Water 1939-63——J&J 5s School 1940-1966---F&A 4 Ms Wh & Har '40-'52.J&J 4 Ms Water 1939-1964 3 Ms g July 1, 1939-44. J&J to 4.10 % 100 3s 1939-1968-- 1 less to 3.60 to 3.50 San Francisco (City & County) 5s Water 1940-1969--—J&J 5s WW 1940-1950-—J&J 5 3 50 Phoenix Un H S D 4 Ms 1948 5 3.25 Prescott 5s 1948 J&J 5 3.50 Tucson 5s Water 1950 J&J 5 3.00 to 3.25 b"2.60 4Ms Mun Imp '39-'43_F&A 4 Ms 1939-1965 F&A Oakland S D 4s 108 104 105 102 4MB 1940-1956 100.22 1948-1977-F&A b 2.70 Modesto Irrig Dist 6s Oakland 5 Ms 1939-1943-F&A 104 School No. 1 5s 1945—J&J 5 3.00 5 2.00 Co Ct H'se 4s 1939-48 J&D 5 2.00 Phoenix 4 Ms *50 opt '30-J&J 5 3.50 101.27 100.25 to 2.40 1.00, to 3.10 1.00 to 2.95 Colorado River Waterworks 100 Ref 4Mb 98 Highway 6s Jan 15 serially. 100.18 to 3.35 0.50 2.50 to 3.00 of Southern California— Maricopa County— 101.23 to 3.40 Metropolitan Water District 111 102 102.29 100.16 to 2.25 0.50 - 3s 1949 S 103 to ARIZONA 1946 to 3.10 0.75 F&A J&D J&D 105 31 Tuscumbia refunding 1 %to4% 109.2 to 3.35 to 3.40 1.00 2.50 3 Ms Jan 1 1940-1960 Los Ang Co 4Mb *40-'49—F&A 100 - 3s U 102 105 100 102 102 ... to 3.35 to 3.40 to 3.55 1.50 to Par 99 M 100 M 2.90 to 3.25 5M« Nov 1939-1960—M&N 100 9 1M % int & prin guar 1939- . 100.21 100.23 Federal Land Bank — Farm Loan Bonds 3s July 1 '55 opt "45-..J&J 106 % 107 M, 3s Jan 1 *56 opt '46—-J&J 107 Mi' 107% 3s May 1'56 opt '46—M&N 107 M 107 M 3MsMay 1*55 opt'45--M&N 108 H 108 % 4s July 1 '46 opt '44——J&J 113 M 112M & 103 103 - 4s 1944-'49. 108.13 108.15 3% int & prin guar 1942-'47- 106.23 106.25 2 M % int & prin guar '42-47 105.22 105.25 TERRITORIES 102 102 to 1.25 to 2.35 to 2.25 1.00 1940-1977-J&J 5 2$ guar Commodity Credit Corp— M% notes Nov 2 1939.. Federal Natl Mtge Assn— 2% notes May 16 '43 opt *39 1H % Jan 3 1944 opt 40 .Reconstruction Finance Corp M% notes July 20 1941 M% Nov 1 1941— M% Jan 15 1942 U S Housing Authority— 1M % notes Feb 1 1944 102 106 6s ref pub impt *39-'53 M&N t 101 t o 110 Tuscaloosa Co 6s Bridge 1941 5 3.00 to 2.25 % 5s Road 1957 M&S 5 4.00 3.60 %' Tuscaloosa (City)— 104.29 100.14 3 Ms ser A - 3 Ms ser B Jan 15 '77 J&J 3 Ms 1948-1958 J&D 2s 1939-1942 A&O 3s 1943-1949A&O 4s Tuscaloosa— 5s W W 1939-1957 102.1 to 3.60 to 3.00 108.12 100.6 2.00 City— 5Ms serial 108.10 101.31 104.27 1.00 3 Ms Sch Dist 1940-61 J&J Electric Plant Revenue— Ref 4s 1939 to 1975-J&D 3 Ms 1939-1977 J&D - . 1.50 J&J Morgan Co 5s road 1952-F&A Selma (Citv) 5s-6s 1939-19552 Ms 1940-1952-.J&J 103.3 103.6 to 2.90 5 6s Road 1951 102.27 103.1 103.1 3 Ms Wat Rev '39-'48—J&J 0.75 1.00 1939-41--A&O Water to 3.15 to 3.25 Los Angeles City High Sch Dis Montgomery— 58 funding 1940-1966--J&J 4Ms Sanitary Sewer Jan 1*44 Montgomery Co 4 Ms 1957-59 102.16 0.50 1.00 0.50 0.75 "106' 101 4Ms June 1 1939-1948 5s School May 1 1945 4 Ms 1939-1958 J&D Gen fund 4Ms 1941-66 J&D 112M 102.13 102.25 to 3.60 , ' to 3.30 Mobile Co— 124M 102.14 to 3.50 100 101 Refunding 2-5s Jan. 1 1966- 101.28 102.2 102.15 102. % 95 1.50 1939-1940.-A&O 4 Ms Ct House Mobile to 4.00 2.50 1.50 Hunstville 5s funding Mar 1*42 Pub Imp ref 5s 1939-1962Jefferson County— 104.26 108 107.6 104.31 105 104.3 111M 111M Federal Farm Mtge Corp— 3 M % int & prin guar '44-'64 108.31 3% int & prin 4Ms 1939-1968 J&J 4Ms 1940-1969 M&S 5s Municipal 1939-61--F&A 5 Ms Harb Imp *39-'61 M&N 3 Ms l05 Net to 3.30 1.00 2.90 2.95 0.50 0.50 0.50 2 Ms WatWks 1956-76 M&N 3 Ms Water wks 1952-75— to 3.20 3.00 39 104 Ask 4 Ms Water 1939-1970-A&O 4 Ms Sch 1939 -1944-— J&D 2.65 2.90 to 2.90 1.50 - 109.24 102.18 2s Dec 19402s Apr 1 1943 Los Angeles (City)-— 4s 1940-1962 2.40 to 90 New ref various coupons To or Bid Bonds Net Bessemer- 110.24 Sept 15 1948 M&S 107.4 Dec 15 1949-1953 J&D 104.29 2Mb Sept. 15 1950-52.M&S 104.30 — 1939-1951 110.22 106.22 Dec 15 1960-1965 J&D 104.25 Dec 15 1945 J&D 107.30 2s Dec Ask 103 104 Bridge Auth. 4s July 1 1957— 104 Annistonref g 5 Ms Dec 1 1939 5s schools 19394947—J&J 5 2.00 106.21 2 Ms Sept 15 1945-1947 M&S 2 Ms Mar 15 1948-1951 M&S 108 2 Ms June 15 1951-1954 J&D 106.24 2 Ms Sept 15 1956-1959 M&S 105.30 2Mb June 151958-1963 J&D 105.1 2Ms 2 Ms 2 Ms 2Mb To or Net Yield Basis to 1.50 % % b 0.35 to 1.60 % F&A1& 0.20 F&Aift 0.20 I to 1.00 J&D | IMs 1939-1953 M&N 5 0.20 3 Ms Bridge 1954-55—J&D 6 1.65 4s Water 1940-1949—J&D b 0.25 to % 1.40 % to 1.60 to 1.70 to 1.75 % / Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Ask 0.25 0.40 1940-1978 J&J Hartford (School District) 2 Ha Manchester *4 %b 2 50 b 2 35 0.25 1955-M&S 1939-44M&N to 150 0.35 1959-J&D Merlden lMs 1939-48—J&D Middlesex County-— 1 Us Bdge 1939-1955.M&N to 2.25 to 1.45 b 0.25 % % to 2.25 2 25 % 225 % to % % 1.70 % New Britain (Co)— 4s Munic Bldg 1948---J&J 1.75 to2~00 % *4Uf School 1940-52-F&A b 0.50 New Haven— 4Mb Imp 1939-1952— M&N 6 0.50 4 Ms Funding 1939-'48-J&D 6 0.25 lMs 1939-48 —-J&D15 b 0.20 to 2.00 % to 1.80 % to 1.45 % 11M 11 13 U 15 11M Certificates of deposit—Extl s f 7s ser B 1945—J&J 14 10 14 10 18 11M 14 10 18 10M Certificates of deposit. Extl s f 7s ser D 1945--J&J Certificates of deposit— Extl s f 7s 1957 1st ser_A&0 Certificates of deposit-— Extl s f 7s 1957 2d ser. A&O 18 11M Certificates of deposit. .. Extl s f 7s ser O 1945—J&J 13 11% 8M 11H 8M Certificates of deposit— Extl s f 7s 1957 3d ser.A&O Certificates of deposit-— 8s 1946 91M 12 M 18 13M 18 95" 92 86 M 78 78 85 1 — — - 99 99 M 13 40 . 120 Duval Co Road 5s 1955 A&O Duval Co School District No. 1 5s 1939-1955--- A&O b 1.50 101 Escambia Co 6s Aug 15 1951- 123 Buenos Aires 116 6 2.75 to 4.00 5Ms July 1941-1975 - 104 22 19 17 20 112 Jacksonville— 6s Jan 15 1940-45—J&J 15 b 1.50 5Ms Jan 15 1940-45-J&J 15 b 2.00 Refunding 2.60s Jan 1 1957 100 Lakeland new refunding 69 Water & Light 5Ms 1940-50 107 Leon County 5s July 11939-40 b 2.00 5s July 1 1941-55b 2.75 Marion Co Road 6s Feb 1 '52108 Road bonds 5s July 11952 104 to 2.50 to 3.00 28 26 3% 3% 3% 5 17 18 18 7M 7M 7M 7M 7M 7 7 ' 23 112 to 2.50 % to 3.75 95 New Smyrna— Ref 3-4 M-6s Jan 1 1964— Orlando— Refunding 4s 1940-62.F&A Orange County 5s 1944 J&J 5s 1952-1953 J&J 5Ms 1945 1950 M&S 6s 1940-1950 „ 112 (City of) 5s 97 l inellas Co ref 1.50 to 3.75 highway i'olk County 5s July 1 1939-40 St Augustine 5-4s stam'd 1955 New refunding 3-5s 91 106 b 3.75 b 3.75 b 3.50 to 3.65 to 3.90 104 107 111 11* 97 b 2.25 74 62 .106 106 2.50 QQ to 3.00 % 77 Extl 108 June 1955 opt *25 J&J 99 5s W W Purch '39-72.F&A b 2.50 108 4.00 % 100 to 4.00 .T&J 102 104 99 101 Refunding 2-5s foreign governments 51 53 W est Palm Beach- E AND CITIES Agricul Mtge Bk (Colombia) 6s 1947 F&A Certificates of deposit. 6s 1948 A&O Certificates of deposit 7s 1946— A&O Certificates of deposit—. 7s 1947 J&J Certificates of deposit... ♦Tax free in f 6s I960-- A&O - - - F&A 6s assented Feb 1961 Extl s f 6s Sept. 1961.-M&S 68 M&S Tmpt 1937 s 6s assented 1960 Extl s f 6s Feb 1961 Tampa— os 6s A 1952 F&A 6s series B 1951 A&O / Chilean Cons Municipal LoanExtls f 7s 1960 ser A„M&S Chili (Rep) ext 7s 1942.M&N % I 20 13 M 10 20 \ 6s assented Sept. 1961Extl Ryref 6s Jan 1961-J&J!/ 6s assented Jan 1961 Extlsf 6s 1962... M&S 6s assented 1962. Extl s f 6s 1963 -M&N . 6% assented 1963 — Chili Mtge Bk 6 Ms '57 J&D31 6 Ms assented 1957 S f gu 6 Ms Jne 30'61 J&D31 - / / / / / / / 26 24 26 24 26 24 26 / 24 Connecticut. 26 M 32 26 M 32 29 32 6Ms assented 1961 S f gu 6s 1961——A&O 6s assented 19616s 1962. -M&N — 6s assented 1962 /Flat price, k Last sale, 14M 4 30 26 30 30 25 23 40 10% 11M 14M 16 11M 16 10 U 12 14M 10 U 16 15 16 12 10M 11M 14 M 15 10 H 14M 11 U 14 M 10 U 12 13 9M 13 9M 15 12 16 12 15 13 16M 12 13 15M 10 13 13 n Nominal. 10 24 69 H 20 46 46 92 96 32 99 U 98 87 of 70M 70 M 72 68 73 M 68 71% 72 68 M 68 M / / 18 / 18 / 16 % 96 75 75 23 21 99 105M 105M / 21 / 19 f 17M 23 M 21 20 U9M 103 M 106 M 107 M 103 H 7 Ms plain 1941 Funding 3s 1946 / German Cons Munic 7s'47 F&A Cons munic 6s 1947—J&D German Govt Internal— 5Ms loan of 1965 J&D/ 5 Ms unstamped 1965 / Stpd (Canadian holder)'65 f German Extl 7s *49 stampA&O / 7s unstamped 1949 Default coups July-Dec'33Jan to June 1934--. 7 July 1934 to Dec 1936— / 28M 18 M 17% 29 20 20 H 18 U 18% 14 18 22 M 24 14M 20 56 36 21M / 21M / 20 / 5M Jan to Dec. 1937 Jan.-Dec 1938 Dawes coups Dec 1934 stpd 6% Apr. 15'35 to Apr. 15'38— 12% Young coupons Dec l'35stp 8% June 1 *35 to June 1 *38— 10 German Prov & Comm Bks (Con Agr Loan)6Ms'58 J&D / Graz(Mun)Austria 8s'54M&N / 17M Gt Brit & Ireland—See British Greek Govt s f 7s 1964—M&N / 28 M 7s part paid 1964 M&N / 23 M Sink fund 6s 1968 F&A / 25 6s part paid 1968—-F&A / 21 Guatemala 8s 1948 M&N / 30 Haiti (Rep) 6s extl 1952-A&O 73 .... 6s 1953- A&O 65 24 19 M 33 U 30 27 21M 35 74 73 Hamburg (State of) Germany 40 15M 9M 6% notes 1931 J&D 6s stamped 1931—... 27 32 & Basis. 16M 23 If1 55 i03~" " "~8U 15 M 10 ! —— Scrip 21% 27 7% assented 1942 65 H 14 2 20 68 M 68 M 5Msof '26 ext 1st ser 1969 5 Ms of '26 ext 2d ser 1969 Dresden (Ger) ext 7s *45 M&N Duesseldorf 7s to 1945 Duisburg 7s to 1945 El Salvador (Rep)—8sA*48 J& Certificates of deposit Estonia (Rep of) 7s. 1967 J&J Finland (Repub) 6s '45-M&S Frankfurt-on-Main (Germ)— 7s 1939 A&O 7s 1940 A&O 7s 1941-1945 A&O Extl s f 6 Ms 1953 M&N French Government— 7s ext of 1949 stamped.J&D 7s plain 1949 7Msext 1941 stamped J&D 16M 20M 1U 27 M 20 Bank 2d series 1961 20 L \ 23" 6s Oct coupon on I960— 6s A int ctfs 1938—A&015 Central Bank of Germany— to 3.90 23 15 M I960—_J&Jl5 _ 105 Petersburg— Refunding 3-5s Oct 1 1972 66 Suwanee Co Road 5Ms 1946— b 4.25 4Ms 50 54 H 54 M 19 20 90 U 88 H " 12 6s July coupon on I960. Farm loan 6s I960—A&015 St Ref 4s 1943-1965 Stabil loan 7 Ms 1968.M&N Caldas Exts f 7 Ms 1946.-J&J 69M 26 M 27 5Ms of '22 ext 1961 „ 50 17 15 55 55 German Conversion Offer— 39 J&J f 7s 1967 Farm loan 6s to 3.25 St Johns Co Road 5s 1946—_ Road 5 Ms 1944 M&S „ s Extl 8ec7s 1948 —J&D Certificates of deposit Ceara (Brazil) 8s 1947 J&D Cent Agricul Bank (Germany) to 3.50 b 3.50 Pensacola 4Ms ref 1941— &J 5s 1958 J&J 66 49 Farm loan 7s 1950—M&S15 103 90 99 U ...... 49 Cali(Colombia)s f 7s '47.M&N Callao (Peru) 7Ms 1944—J&J Carlsbad (City) s f 8s '54.J&J Cauca Val (Dept of) Colombia 7 Ms 1946-- ——-A&O Certificates of deposit 107 103 b 3.00 4s 1961 Palm Beach 88 99M 49 Certificates of deposit Miami Beach— 5Ms 1939 M&N b 2.00 5Ms 1940-1950M&N b 2.25 Ref 4Mb non-opt 1947-56— b 3.00 95M Bulgaria (Kingdom)— Miami— Refunding 5s Jan 1 1964—- 95 % 100 % 70 Sec 82 45 27 Dominican Rep 5Ms '42.M&S 2d Series 1942 5 Ms Oust Adm 1940--A&O 2nd ser 5Ms 1940— -A&O Customs Administrations— 23 80 52 83 10 M&N 1955 Trust rets 4Mb 1962 A&O 15 Denmark Mtge Bk—See Mtge Deutsche Bank (see Ind Bds) 55 M 41 f 4s $ bonds 1984.1J&J 32"" *32"" 10 f 6 Ms 1959—M&N Certificates of deposit s - 32 62 s 32 5s 1953 F&A Danzig Port & Wat Ways Bd Extl's f 6 Ms 1952 J&J / Denmark ext 6s 1942 98% J&J Ext'l 5Ms 97M 1955 F&A 18 30 62 Extl 102 71 Extl 5Ms 55 Scrip Readjust 4M-4M» '77-M&S Ref s f 4M-4Ms 76—-F&A Extl re-adj4 %-4%s 76A&0 Ext re-adi 4M-4Ms75M&N 107 109 24% 30 54 103 M 101% 67 U Czechoslovak Republic— Ext s f 8s 1951 ser A A&O Ext s f 8s 1952 ser B—A&O Danish Cons Municipal Loan 113 7 Ms stamped 1947 6 Ms stamped 1961 to 3.50 to 2.50 . 65 19M 24 H 30 * 5MsPubWksJune30'45J&D Cundinamarca Dep (Colombia) 20 104 % 103 6s stamped 1961 7s stamped 1952— — Gainesville 5 Ms July 1939-40- 6 1.50 Hillsborough Co 5s Oct 1 1943 Hillsborough Sch Dist No 4 (Prov)6s'61 M&S - Extl 4 Ms 1977——J&D Extl g 5s 1949 F&A Extlsf 5Ms '53-—J&J 15 " - 32 - — ho 35 . " 15 . N04MtlkSoi?ritfel968.M&S 14H f 28 / 19 / 23 M / 20 6s Oct 1961 A&O / 23 M 20 Certificates of deposit 58 Funding 4s Jan 1 1946 Colombia Mtge Bk— 26 20-yr sf 6Ms 1947 A&O Certificates of deposit 7 24 26 Sink fd 7s (of 1926) '46 M&N Certificates of deposit 7 24 26 Sink fd 7s (of 1927) r47 F&A 24 Certificates of deposit 81U Copenhagen 5s June 1 '52 J&D 78 Extl g 4Ms 1953— M&N Cordoba (City)—. Extl s f 7s 1957 F&A / 44 7s stamped 1957 / 45 7s stamped 1937 / 52 Cordoba (Prov) Argentina— Extl s f 7s 1942 J&J Costa Rica (Republic)— Ext sec sf 7s 1951 / 23 Funding 5s 1951 M&N / 18 Costa Rica Pac Ry 7 Ms 1949 / 24 5s 1949-_ / 18 Cuba (Rep)" 5s ~1944——M&S 100M Extl g 4Ms '49 opt F&A 101M Hukuang Rys 5s £—J&D 15 2M-5S 1954.. Cologne Germ'y 8Ms'50-M&S Colombia Rep 6s 1961--J&J Certificates of deposit " 33 - Ask Chinese Government— - ._ 9 Bid Bonds 17 Antioquia Col (Dept of)— Extl s f 7s ser A 1945—J&J Antwerp (City) extl 5s '58 J&D 1.80 Argentine Repub— 4 Ms Water ref 1950—F&A 91M 4 Ms s f extl loan 1948.M&N 86 b 0.50 to 3.00 Extl s f conv 4 Ms '71-M&N 79 U b 0.35 to 3-15 5 f extl loan 4s Feb '72.F&A 3 Ms 1939-1971 -,-A&0 77 M S f extl loan 4s Apr '72-A&O 3 Ms Sewer 1947-70-J&D15 b 1.65 to 3.15 % 80 2s Incinerator 1940-59J&.T15 & 0.40 to 2.05 % 2% Treasury notes 1948—1.10 Australia (Commonwealth)— Norwalk (T) 4Ms 1942—J&D 98 U Extl 5s July 15 1955-J&J15 Norwich 4Ms. 1940-1965.M&S b 0.50 to 2.75 98 H to 2.25 % Extl 5s 1957— M&S 2Ms 1940-1959 J2&J2 b 0.35 93 Extl 4 Ms 1956 2s P I Fund 1940-59J&J 6 0.35 to 2.00 % M&N 11M Austrian Govt 7s 1957—J&J Ridgefield (High School)-— 17 to 2.25 Baden extl s f 7s 1951——J&J 1MB 1940-1963 -J15&J 6 0.50 26 Bank of Colombia 7s '47-A&0 Stamford (C) 4s 1942—M&N to 2.60 % 7s 1948-A&O / 26 2Ms 1939-1961———M&N 6 0.25 Stamford (Town)— Barrauquilla 8s 1935-40-46-48 / 24 Bavaria (Ger'y) 6Ms '45.F&A *4Ms Sch 1939-1965 M&N b 0.25 to 3.00 % 14 Bavarian Palatinate 7s 1945— Suffield IMS 1940-59-_--J&J b 0.25 to 1.90% Belg Govt extl 6 Ms 1949 M&S 104M Torrington 2 Ms 1940-'57 A&O b 0.25 to 2.50 % 102M External s f 6s 1955—-J&J Water bury— 112M Extl s f 7s 1955 J&D 5s Water 1939-1971—M&N b 0.50 to 3.15 % 19 Berlin 6 Ms 1950 5s Funding 1939-1943-M&N b 0.25 to 1.50 % A&O 6s June 15 1958 J&D 4Ms Sewer 1940-1955--J&J b 0.60 to 2.40 3s Street 1940-1955—-F&A b 0.25 to 2.40 Bogota (City) extl 8s '45-A&0 / 16 / 12 2s Relief 1940-1944—M&N b 0.50 to 1.75 Certificates of deposit. L50 Extl s f 6 Ms 1947. West Hartford 4 Ms 1943 J&D A&O / 17 4 Ms Mar 15 1940-49—M&S b 0.50 to 1.80 % Bogota (Mtge Bk) 7s May '47 / 25M West Haven (School Dist)— Certificates of deposit— / 24 7s Oct 1947 A&O / 25 M *4Ms 1940-1956 -M&N 5:0.50 to 2.25 % Windham (Township)— Certificates of deposit— / 24 3 U Bolivia (Rep) Ext 8s '47 M&N. 4s 1940-1952 -J&J 6 0.50 to 2.00 % / " 3 U DELAWARE Extl 7s 1958 .—J&J / 3 U Extl s f 7s 1969—/—M&S / 2Ms April 1 1940-1947 6 0.30 to 1.60 % 4 2Mb April 1 1948-1957 6s 1940——A&O " b 1.60 to 1.75 % 22 M 2Mb April 1 1958-1966Brazil 8% ex 1941— 6 1.75 to 1.85 % J&D 15 7s Cent Ry elec 1952.-J&D Kent Co 4 Ms 1945-1950.M&S b 1.60 to 1.90 % 7 U Extlsf 6Ms (1926) '57.A&0 New Castle Co— 17 M Extls f 6Ms (1927) '57-A&0 6Ms 1940-1944J&J 6 0.25 to 1.50 % 6 U 5s of 1895 Sussex Co 5s 1940-1970—J&J b 0.25 to 2.15 % 6U 5s of 1913 4Mb 1939-1953 A&O b 0.25 to 2.05 % 6 U Wilmington— 4 Ms of 1883—— 6 U 4 Ms of 1888 4Mb Bldg Con ,53-,62 M&S 6 1.80 to 2.10 % 6 U 4s of 1900 4Ms 1939-1958 (s-a)._A&0 b 0.25 to 2.00 % 5s 1947-1949— A&O b 1.60 to 1.70 % 4s of 1910 5M 4s 1939-1941 A&O & 0.25 to 1.10 % 4s of 1889 5M 22 4s 1942-1948 A&O 6 0.50 to 1.60 % Funding 5s 1931-1951 FLORIDA / 33 Funding scrip 22 M Brevard County School Tax Bremen (State) 7s 1935.-M&S 55 60 Districts No. 4 6s 1939-55— 17 6s 1940117 121 Columbia Co Road 6s 1955— Brisbane (City) Australia— Coral Gables— 30-yr s f 5s of 1957 M&S 65 New refunding 2 M-5s 197767 5 f 5s 1958 F&A 114 110 Dade Co 5s Oct 1947-54-A&0 95 % 20-year s f 6s 1950 J&D British 4s 1990 opt '60-—M&N 97 M Special Tax Sch Dist No. 2 100 Ref 4s 1956-67.-—M&N War Loan 3 Ms of 1932 88 Ref 3 Ms 1940-1947 103 97 U -M&S 100 Victory 4s due 1976.Dade County (School No. 2)— Brit Hungarian Bk 7Ms 1962. 7M 99 101 8% Refunding 4s 1940-67-M&S Bud'pest(City)6sJ'n'35coup'62 New London— Ask 93 U Akershus (Dept of) 4s '68 M&S Anhalt 7s to 1946 M&S / Metropolitan District 2%a Wat Sup '39'77M#N *4 Ms Northeast ♦3 Ms South Sept Bid Bonds Net Hartford County— or or To or Bid Yield Basis Yield Basis Yield Basis BoncU BONDS MUNICIPAL AND STATE 93 17 Gold 6s 1946-- A&O 18M Hanover (City) Germany 7s*39 / 20M Hanover (Prov) Germany— 6s 1st series 1957 F&A F&A Q-J 2d 68 Q-J Heidelberg (Germ) 7 Ms'50J&J Hellenic Republic (Greek) 6 Ms 2nd series 1949 Havana—1st 6s 1939 Sec Wat Wks ext 8s 1952 Helsingfors (City) Finland— Extl s f 6 M s 1960 A&O Hessen. See Munich Bank Hungarian Cons Munic Loan s f g 7 Ms 1945 J&J Extl s f 7s Sept 1946—J&J Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A_.M&N S f 7 Ms 61 ser B($ bds)M&N Hungary (King) 7Ms '44.F&A Ext at 4M% to 1979.-F&A Irish Free State 5s 1960-M&N Italy (Kingd) extl 7s '51-J&D Prestito Redimibile 3 M s Specified Unspecified Ital Cred Consortium for Pub wks ext 7s B'47 M&S Pub Utii Credit s f 7s'52J&J 30 15 17M 30 90 95 90 95 13 17 / 53 102% 5 5 7 7 104 % 9M 9M 9% 10 37 M 19 21 110 61 62 25 M 27 M 19 M 18M 60 46 65 48 MUNICIPAL AND STATE April, 1939] Quotations for all securities are as near as Bonds Ask (Prov) 7a 1942.m&s f 83 67% Stamped 1942 Fe (City) Arg Rep extl 7s 1945 a&o / 71 4s 1945 stamped ..a&o / 51% 4s _ 75% 77 m&n Oriental Dev Co 6s'53_m&s 57 58 54 Orient dev Co 5%s'58m&n Jugoslavia—See Mtge Bank of 49 f&a 5 f 6 mis 1954 Extlsf 5%s 1965 53% 50 Lima (City) Peru— Extl s f 6%b 1958— — - - Lower Aust (Prov) 7 %s'50j&d Luneberg (City) 7s 1948.m&n / Maranhao (State) Brazil— Ext s f 7s 1958 m&n f 18 / Certificates of deposit— f 12m 15 10 m 12 H 11M 18 14% 18 76 73 7%s extl s f 1951 j&d fk 79 Stamped 4s extl readj $ bds 1954.j&d Metrop Water Serv—See New Mar 14 70 South Wales gtd 4 ks (May * 14 coup on) *43 m&n Stamped assented Mexican Irrigation s f % 1945.. 1 __ 1 1 pieces 1 / / / 10 h 10 % 52 x 11 . / 44 / 67 / 44 19% 54 60 48 f&a 43 41 17% 86.52 89.38 48% 39 51 91% 97 99 % 98% 98% 103 101% 103% — 19 104 105 101% 100% 98 M 103% 101% 100 20-yr 3s 1955 3s 20-year 1958 19% 57% 102% 20 18 101% 102% / 53 Stamped 5% scrip 47 "59% 52 93 93 11 9m 11 10% 10 X 27 Poland (Rep of) 6s 1940-a&o Stab'n 1 a f 7b 1947-a&0 15 / 35 m Extl s f 8s 1950 j&j / 31 f 6s 1961 99% 100 99 99% 93% 100% 99% j&d 3s perpetual m&s 3s Jan 15 1967 .j&j 30-yr 3s Nov 15 1968.m&n 14-yr 3%s 1951 m&n 25-yr 3%s 1961 opt '56 j&j 15-yr 3%s, 1949 a&o 20 yr 4s 1952. a&o 30-yr4s i960.. a&o 99% 99% 102% 102% 103% 107% 109% 15-yr 4%s 1940 103 % 93 m&s 1944.a&0 111% m&n 107% Refunding 5s 1943 a&o 111% 5s May 1952 m&n ho Alberta (Prov of)— Gold 5 %s 1947 j&j t Gold 5%s 1952 a&o-/ 04 Gold 5s 1948 j&j / 00 Refunding 1960-j&d -a&o . 22 assented 1958 a&o 4ms assented 1968 a&o Dollar funding 3s 1956-a&0 / 20 / 35 Coupons 1936-1937 Porto Alegre (City) Brazil— 10% Sinking fund 8s 1961 —j&d 10% 5 f 40-yr 7Ms 1966——j&j 4 ms 13 10 12% 10* 4%s 5s 1950 a&o 15 Gold 5s 1959 31% "33" 38 41% 17 10 99% 99% 100% 102% 102% 102 102% 102% "i03" 5s Nov 15 1941. (National Bank)— 6 %s series a & b 1946-47— GMsseries o & D6Ms '48-'49 Parana (State) Brazil 7s 1958Pernambuco (State of; Brazil Extl s f 7s 1947 m&s Peru sec s f 7s 1959. m&s Panama Nat Loan extl 6s .... j&d 103 103% 104% 108 110% 104 30 19% 20 19 a&o Queensland (State) 7s 41 a&o Ext g 6s Feb 15 1947 f&a15 Rhine-Maine-Danube See Industrial Bonds 103 % 1946..-a&o 1953 f&a 11-m 9% 11% Rio de Janeiro 8s Extl s f 6 ms j «ms 1959 6s 1933 Grande 9 — Do Sul (State) Brazil ext s f 8s 1946--a&o 7b extl s f 1966 —m&n Extl s f 7s 1967 j&d Extl s f 6s 1968-- —-j&d Rome extl s f 6 Ms 1952 .a&o 20 12% 10% 13 10 Rio 11 / 10% 10 10% 54% _ Roumania (Monopolies) f&a ,15 paid— 18 1919— / 6m% ext loan Dec 1921 — / Jaarbrucken (City) Germany Institute 7s 1959 Feb 1937 coupon 12% 11% 11% 12% 58% 19 20 % % Russian 6Ms June Extl s 6s series/em 947 alvador 7s 24% f j&j, f 6s 1953--- (Mtge Bk) 6s ser a '47 1957 .—j&j of deposit— 9% Certificates 10% 5 4s scrip 8s 1948 ------- 8s ctfs of deposit 1948 Catharina (Brazil)— 18% v / 17 anta f&a / (Brazil) State of— 8% external loan 1936-j&j / Extl 8s'1950 j&j / 8s 1947 Paulo 11 12% 12% 15 11% 10% 10 11 an 112% 110% Extl 7s 1956 m&s1/ Extlsf 6s of 1928,1968 j&jl/ Sec s f 7s 1940 a&o/ 27 12 97% 96 96 100 99 99 28 Deb 4%s Sept 15'52 m&s15 Deb 4 Ms 1960 m&n 15 99% 92 98% 96% 94 90 84 101 97% 95 94 91 88 var 5s 1950 & 1951 var.. 5s Jan 15 1970 j&j14 1942 and 1967—.f&a Verdun deb 5s 1954 Winnipeg, Man 5s 1944.-a&o 4 %s non-call 1944...m&n 4%sJune 1 1946 _j&d 4%s June 15 1950..j&d15 4s Aug 1 1946 .f&a15 georgia 1.25 4%s ref 1940-1945 j&j 2.50 Albany—5s 1945 j&d Appling County— 3.00 Road 5s 1949-1953 Athens—4%sJune 30 1943— b 2.15 Atlanta—4%s Jan 1 1940.j&j b 1.75 5s Water 1.25 1.25 j&j _j&j 1940-1951 4%s 1940-1956 Ref 2%s 1940-1967---j&d b 1.00 65 108 161" 95 100% 98% 96 92 90 104 99% 97 96 93 91 to 2.00 2.10 to 3.50 2.00 1.25 to 2.45 to Road 4%s 2.45 to 2.40 Augusta—4%s Flood'42 m&n b 2.00 Bibb Co 4Ms 1948-49-.m&n b 2.50 Chatham County 1.90 2.40 1.25 1.25 1940-1949.f&a Clarke Co 5s 1940-1944. _.j&j Columbus—5s 1940-1944.j&j Crisp co— Hydro-elec 5s '40-'57.f&a 6 Dougherty Co 5s *40-'48 m&s b Macon 4s Pav & Sew 1939j&j Muscogee County Road 4%s 1940-1956—a&0.& to 2.35 to 2.25 1.25 to 2.20 3.00 1-25 to 3.50 % to 2.75 % 1.25 2.00 2.50 % to 2.35 to 2.75 to to 100 % % 1.75 Swainsboro 6s 1940-50—A&O b 2.75 Valdosta 5s 1940-1942 Jan b 1.25 % 4.0Q % to 2.25 % 2.75 % 105 105 0.75 % less 0.75 % less 1.00 to 1.25 3.00 0.25 0.25 less to to 0.25 to 0.25 to 1.50 % 1.00 1.10 1.15 1.00 to 1.85 1.90 to 2.00 0.25 to 1.60 1.65 to 1.85 Water Road 111 106% 107% 105 105 3s 1941-1944.. 3s 1945-1948 98% 97% 101 27 b 1.00 to 1.60 to % 2.50 % 2.60 2.60 0.75 2.10 2.20 2.40 b 0 40 b 1.75 to 1.60 b 2.25 _____ to to 2.15 2°.l0 3s 1957 opt 1941-1943 — 3s 1957 opt 1945-1947— % b 1.40 to 2.00 b 2.25 to 2.40 % 2.25 3 Ms 1955 opt 1946 4%s 1954 opt 1944 Chicago Park District— 3 %s 1956 opt 1946 4s 1955 opt 1939 4s 1955 opt 1940-44 4s 1955 opt 1945-47—... 4s 1955 opt 1948-*55 1.85 106% 107% 0.40 b 0.75 2.25 to 2.15 to 2.35 2.40 to 2.65 % 0.75 b 2.25 to 2.15 % % District— 108 110% 4s 1940-'44 1945-'47 1955 opt 1948-'54 / Flat price, 1 2.30 4 %s 1954 Board of Education— 4s 1955 opt 4s 1955 opt b Basis. 1.75 b 1.25 b 2.30 3s ctfs Aug 1 1954 2%sctfs Feb 15 1958-59 3%s 1951 opt 1940—— 3%s 1952 opt 1945 3 %s 1953 opt 1946 3 %s 1955 opt 1951 Sanitary 116% 1.75 % 1.60 % to 2 10 % co 3s 1957 opt 1940 3s 1957 opt 1941-1942— 3s 1956 opt 1945-1949 Water Works System— - " 3.00 % to Chicago— 4s 1945-1948 100% 110% 110% to b 0.75 6 0- 85 County— 1939-1943-.M&N 4s 1949-1950 -...m&s 99w var 4s 1940-1944 119 } Quotations per 100 gold rouble bond, equivalent to 77.4234 grams of pure gold j&d 4 Ms 5s 90% 88% 83% 100% 100% 97% 98% North Vancouver 5s '60..j&j Nova Scotia (Prov)— 1960 58 1 940 & 1941 5s 1945 & 1946 Champaign 100 sf deb5Ms 1952 Debenture 5s 1960 —j&j 4%s 1955 m&s 4%s 1960 a&o 4%s non call 1958.m&n 15 4%ssf Apr 15. 1961 a&015 s f deb3%s 1948 a&o 3%s s f deb 1946 j&d 5s 68 68 1939-1961 opt 1952 M&S b 1.75 103 m&n m&n j&j Deb 73 73 65 65 62% 102 105 115 100% 105 j&j 1950-1959 4%s New Brunswick— 11 81 70 70 Bloomington— 4Ms May 1, 1945 m&n 4Ms Dec 15,1950—.j&d 15 Montreal 5s Dec 1. 1945-j&d 5s s f Nov 1, 1956 m&n 4%s May. 1954. 4%s Jan, 1944 j&j 4%s 1940-1951 a&o 15 4%s June 1, 1971 j&d 4s May 1,1944 —m&n 3 Ms refdg May. 1939-m&n Metrop Co 4Ms *53,'54&,61 4Ms May 1, 1965 m&n Harbor Commissioners— 5s Nov 1. 1969 m&n j&j 112 78 Woodbury 6s 1940-1949.J&D IDAHO 4%s Impt 1939-47 opt *30 4%s Ref 1939 A&O 4 %s ref 1940-1945 A&O Boise City 4%s 1951 J&J ILLINOIS 4%s Serv Comp '39-'43.Aug 1 4%s Serv Comp '39-'43.Aug 1 4%s Serv Comp '39-'44.Aug 1 4s Highway 1939-1943 .May 1 4s Highway 1945-1954. _M&S 4s Highway 1955-1958..M&N 3%s Emerg Rel *39-*47 Dec 15 3 %s Emerg Ref '48-'54 Dec 15 _. 4s Elec l & p 1941 a&o Lachine p q 5s 1954 j&d Manitoba (Prov) 5s '44. j&d 2 f deb 1941 98 Ware Co 5s Road 1940-49 J&J b 1.25 100 Watkins S D 6s 1940-50.M&N a&o / 4%s Jan 15.1957 j&j 4%s July 16. 1958 j&j 4%s Apr 1. 1961.....a&o 4 Ms June 1, 1967 j&d Debenture 4s 1954 j&d Brit Col (Prov) 5s '48.-j&j 15 5s Apr 25. 1954 a&o 25 4Ms 1939-1946 j&d 29 4 Ms 1947-1956 j&d 29 s 103 97 99 to 3.00 Deb4%s 1956— 3s 98 to 2.50 4%s Jan 15. 1942...j&j 15 5%s 1939... 5 f deb 5%s 1950 m&s}/ 21m a&o/ 21% 112 1.50 5s s f 1955 & 1960 a&o Halifax n s 4s July. 1945 5s Jan. 1951 j&j Hamilton— 105 119 to Savannah—4%s ref 1943-J&J 4%s Drainage 1944..-F&A 4%s Refunding 1959--F&A 6 2.60 2%s 1943-1967 J&D15 b 1.75 Spalding Co—5s *40-'49—J&J b 1.25 Calgary 5s July 1.1945 j &j Edmonton (c) 5s *45&'50a&0 102% 125 to Pulaski Co 5s 1940-1948..J&J b 2.25 a&o _ 1951—m&s 15 119 111 to 112 4 Ms s f deb Jan 23 *69 j&j23 29 6 ms 6s 1952-._ Prussia 109% 108 00 j 109 107 $::: m&s j&d j&j j&d m&n f&a — 116 to"l"07 106% 109 105 44 99% 98% 99% 111 115 to 112 a&o 30 24 27 123 112% to 96% 95% 97% 96% 110% 110% 4%s 1942-1945 49 (American Dollar Quotations) Dominion of Canada— is (1%-yr) 1939 j&d 101 110 4%s 1943-1960 j&j Quebec (Province)— 8-yr 2 Ms 1944 m&n 15-yr 3s 1951 m&n 3%s 1949— j&j 3%ss f deb 1952 j&d 4%s 1961 m&n 4 %s 1956 ..j&d Quebec City— 5s s f (non-call) 1960-m&n Saskatchewan (Province)— 5s 1943 (non-call)..j&d15 5s 1959 (non-call) m&n 4 %s July 2 1945 j& j2 4mb 1955 4%s Mar 15 i960 m&s 4s Nov 15 1957 m&n15 Toronto 6s 1939-1940 j&j 4%s 1946-1961 a&o 4s £ July 1 1948 j&j 3 Ms July 1 1944 j&j Vancouver. b c 5%s '39.a&o 5%s 1952 f&a 41 35" a&o 2%s Jan 15 1944 8-yr 2%s 1943 7-yr 2%s 1944 10-yr 2 %s 1945 Imp '39-'50—j&j a&o a&o .... 1% notes 1941 2s 6-year 1944— 6s Munic 116m 101 102 101 5s 37" / Wurtemberg 7s to 1945.m&n / 18 56% Yokohama extl 6s 1961—j&d (Australia)- 102 108 108 May 15.1939-43.m&n 15 4s May 15,1944-57-m&n 15 4s May 15,1958-68-m&n 15 Hydro Elec Pow Com— 4%s Jan 1. 1970—j&j 2 Ottawa City 5s '39 '45—.j&j 4%s 1939 4%s 1940-1941 canada f 1957 — 4s 43% 42 bonds of 1937-78 f&a 3 %s extl re-adj 1984—j&j / Conversion scrip Venetian Prov Mtge Bank 111% 100% 112 101 104 Net 116 116% 121 41 41% 3%-4%-4 5-16% extl Convs f of '37 1978 j&d / 36% 4-4%-4%% extl readj s f a 53 Ask 115 115 -j&j m&n 4Ms 1944 m&s 4Ms Jan 15. '40-'47._ j&j 15 4 Ms Jan '15 *48-'57-j&j 15 4 Ms 1939-1970 m&n 15 4s 1941 .m&n 5s 1940-1950 3%-4-4%% ($ bds of 1937) external readjust 1979 3%-4-4%% ($ bds of 1937) 6s 1936 5s 1941.. 18 52% f&a / 46% m&n / 45% m&n / 46% Westphalia (Prov Bk) 6s 1933 " s .... m&s Extl s f 6s 1960 Extlsf 6s 1964 ser 24 99% t Union of Soviet Soc Republics Gold 7s 1943 s f 7s 1952 „ 100% Oslo s f extl 4 Ms 1955—-a&o Panama (City) 6 Ms 1952 ... f 40 Panama (Rep)ext5Ms'53 j&d /100 m&n / 60 Extl s f 5s 1963.. Extl f&a / 48 1958 a&o Met Wat Serv & Dr Board s f 5 Ms 1950—.—a&o Norway ext 6s 1943 ——f&a External 8 f 6a 1944—f&a 4m8 extl sk fd 1956—-m&s 4ms extl sk fd 1965—-a&o Sk fd extl 4s 1963 f&a Norway Municipalities Bank Guar s f 5s 1970 —j&d Nuremburg extl 6s 1952.f&a Oldenburg (Free State) 7s 1945 Oriental Devel—See Jap Govt ~ 1st mtge s f 6s 1947 Sydney (City) n s w— 25-yr s f 5 Ms 1955 Tokyo (City of)— / 44 '35 coupons. *37 coupons.. 22 /:::: 1957----a&o / 31 7s to s 4 Ms assented 1958 Silesian Landowners Assn— 5 %s 1946 5s July 1. 1939-1956-..j&j 4 Ms 1939-1944 j&j 36 4 %s assented 1958 f&a Warsaw (Land m Bk) 8s 1941 / f 5s s ...j&d j&d f 7s 1958 external conversion 1979- 50 Fell 24 21 19 Poland— (Prov) s m&n / b—m&n / Vienna (c) extl 6s '52 m&n / Warsaw (City) 7s 1958—f&a / See Panama. New South Wales Extl Extl 7s 1962 ser 311esia 1 46 m 1945 f&a/ Natl Bank of Panama— 58 extl Extl 8s 1962 92 Bank—_ Hesson 1% 20% 12% 12% 14% ■ierbs Croats & Slov (King of) 36 5s funding 1956 Second 5s 1956 Munich 1% 1% "23 ext to '33 Mtge Bank of Jugoslavia— Nov '32-May Nov '35-May 1% "1% / 48 / 35 Scrip Mtge Bank of DenmarkExch s f 58 1972 ser ix j&d f 7s —. Uruguay 8s ext 1946 j&d j&d 55 TO or 5s 1959 9 j&d / 8mb 1946—j&d fk 22% / 22 ield Basis Bid Bonds Net Ontario (Prov) 6s *43—m&s15 69% 10 f 6ma 51% a&o Tolima (Dept of) 7s '47.m&n / 16% £100 and £200 pieces MIlan(Italy)ext 6ms '52. a&o Minas Geraes (State) Brazil Extl 6 Ms 1958 m&s Extl 6 Ms 1959 ser a„m&s Montevideo (City) 7s '52.j&d Extl s f 6s 1959 ser a.m&n s f 7s 1961 5s of 1912-1952 Extl 8 f 5 ms 1961 m Extl 4s of 1910 (£20 pieces) Secured s Sink fund Extl Mendoza (Prov) Argentina— £100 and £200 s Sink fund 7s 1945 11M 13 m . 6 Ms 1954 Treas 6 % notes £20 pieces Extl 6s 1947 (Munic) (Colombia) 7s extl Dec 1 1951 Certificates of deposit— 4s assented 1954 10% 10% 10% . 8ao Paulo Brazil 8s Medellin assented 1945 19 m&n 1952 m&n / 1957-m&n 15 Extl sec 6s 1943 m&n 4axon- State Mtge Institution Extl ~ 13 fk 24 M Mar 16 -m&s / 11m 4s of 1904-1954 4antander (Dept) Colombia Extlsf 7u 1948-a&o 4antiago(Oity)Obile7s '49 j&j Leipzig (City of) 7s 1947 f&a / 20 os Ask Santa Japanese Government— MM»l799 Bid Bonds Net 4anta Fe Foreign Govts, and Cities (ConclA > To or To or of issue Yield Basis Yield Basis Bid 93 BONDS possible for the closing day of the month preceding the date k Last sale, 2.40 n Nominal, to 2.35 to 2-65 % 94 MUNICIPAL AND STATE Quotations for all securities are as near as Yield Basis Yield Basis To or 1940-1944 1945-1947 1956 opt 1948-1953.—- Yield Basis To or Ask Net Highway— 5s series A. B & O 1940-1943 6 1.00 102 1 1942-1956 to 2.10 0.75 to 2.15 2.25 to 2.35 4s Jan 2.40 to 2.65 % 100 X 3 Ms Jan 1 1957-1961 101X 3 Ms ser A 1943-1954—J&J b 2.0U to 2.85 3Msse£ A 1955-1960—-J&J b 2.90 to 3.00 0.75 Elgin Sanit D 5s '39-'44.M&N Evanston 8 D No 76— b 1.00 4Mb June 1 1 39 1948— Forest Preserve— b 0 75 4s 1956 opt 1940-1944 to 1.75 to 2.15 Long Term Bonds— Refunding 3 Ms 1942-'56-F&A Ref 3 Ms 1957-1960 F&A b 2.25 to 2.35 to 2.60 to 3.00 4Mb series D & E 1944-55-. 5s series F Mar 15,1945-485s series K July 1,1947-49— 3Ms series R 1941-60—J&J 3 Ms series Q 1941-60—J&J 4s ser S 1941-1957—J&J 4s ser V 1943-1955 J&J 3 Ms series S 1958-1960-J&J 3 Ms ser V 1956-1961 —-J&J State Pension 5s June 1,1948Oapital Bldg 4Ms Aug 15, '52 Charity Hospital at N O— 1945-1947 1948-1952— — 4s 1956 opt 4s 1956 opt La Grange (Village of)— 3s Waterrev 1.942-68—M&S 2.50 to 2.5G to 2.75 to 3.25 0.75 to 2.75 Lake Co 5s iioad *39-'49-F&A River Forest S D No 90— 4M» 1939-1944 J&D b 2.00 to 2.75 Rockford S D No 205— 2.10s 1944-1958 F&A b 1.50 to 2.20 Rock Island (City of)— Bridge rev 4s 1964 F&A - (Village) 2Mb Dec 1. 1939-1958 6 0.50 INDIANA . to 2.50 % to 3.50 — Fort Wayne School Dist— 5s Oct 1 1939 1943 — b 1.50 to 3.56 _ _ 2.00 1.75 to 2.75 % , 2.25 1.75 Impt 1940-1948-F&A 2.25 b 2.00 to 6 0.25 to 0.75 2.75 % IOWA J&D 1939-1942 4MB Cedar Rapids 4 M8'49-'53M&N 6 2.15 Clinton Co 2Mb 1942—M&N 6 1.00 Davenport Indep Sch Dist— 4XB 1939-1940 -M&N K'4Hs 1940-1941 M&N 6 0.60 6 0.80 Des Moines 5s 1939-'57—J&J 6 0.50 4MB W W 1939-42—J&D 6 0.50 6s Gen Oblig 1939-40—J&J 6 0.50 to % 2.50 % less M Lee Co Prim Road M&S M&S 2 Ms-1948 Lyon Co 2Mb May 1 1939-47- 1.75 1.65 1.70 1.60 0.50 lessl Woodb'y Co Fund 23£s'42-'46 KANSAS Soldiers' Compensation Bonds 1.50 ¥.85 1.00 1.50 4Mb 4X8 1940-1953—F&A 4 Xb 1939-1953—J&J Sch Dist4Jisl940'54J&J 194-53 101 100M 0.40 to 2.25 0.40 to 2.30 :o 0.40 to 2.30 % Leavenworth— b 0.40 to 1.90 1 Ms 1940-1948 102 M 102 to 3.80 107 1.25 J&D 6 2.70 J&J 105 to 3.40 Owens boro—5a Sewer—J&D b 3.70 3.60 Paducah— 4X3 w w 1939-1970—A&O b 3.80 Warren Co 4 Ms 1940-'59-J&J 6 3.75 LOUISIANA Short Term Bonds-— Refunding 2Mb 1939-'41-F&A 6 0.75 * To be called July 1 at 100. 3.65 3.50 to 1.75 % 113 109 Ml 106 I 114 111M Brewer High Sch Dist— 4 Ms 1939-1945 M&N 6 1.00 Kennebec Water District— 4s Ref May 1, 1950—M&N 6 2.60 Old Town Water District— 4s July 1952-1958 J&J Portland— 4s O H '39-'45 tax ex-A&O 6 0.75 Portland Bridge District3 Ms July 1,1939-1947 6 0.75 Portland Water District— 4s Funding 1948 J&D 6 2.35 2 Ms Water May 1 1953 South Portland Sewer Dist— 4s 1939-1950 M&N 61.00 6 2.50 Waterville4Ms 1940-50 Westbrook 4Ms 1939-48 6 1.00 1.00 to 1.90 — % % 1 to 2.30 % to 2.25 % % 2.50 % 2.00 I 3.25 % to 3.00 % 2.25 % 2.15 % to 3.25 % 2.80 % MARYLAND J&D15 4Ms 1939-1942 J&J 3s ctfs of indebt *39-'50—A&O 2 Ms ctfs of indebt, 1939-1961 —A&O 1940-1952 June & Aug 15— 1Mb ctfs of indebt— F&A 15 6 Annapolis 4Ms W W '42-A&O 0.30 0.30 0.30 to 1.10 to 1.10 to 1.50 _ — - 0.30 0.60 0.60 to 1.60 to 1.60 to 1.60 Baltimore— A&O M&S A&O 5s registered 1946 M&S 4Ms Mar 1. 1940-'55-M&S 4s Aug 1, 1951 F&A 4s Annex 1954 -J&D 4s Parks 1955 M&N 4s Mar l, 1961 M&S 4s 1945-1971— M&S 6 0.40 1.25 to 2.35 0.40 1.90 to 2.25 2.10 2.15 2.35 1.60 / Flat price. to 2.35 to 1.00 to 1.80 to 0.25 to % 2.25 I to 1.60 1.00 l?30 I 1.90 % 0.25 to 0.25 to 2 .50 2.25 % 0.25 to 0.25 to 1.05 J&D b 0.30 to 2.25 1939-1958 I % to 1.80 % 1 J&J b 0.50 4s Sewer 1939-1956—M&N Is 1939-1941 A&O Maiden 2 Ms 1940-1958—F&A to 1.95 % 0.25 0.25 0.25 to 2.25 % 0.75 % to 2.10 to r .M&N 0.25 to 1.75 Medford— 3 Ms 1940-1942 tax-ex M&N 2s 1939-1947. J&J 0.25 to 1.00 0.25 to 1.70 i F&A 0.40 to 2.10 % Ref lMs 193948 2s 1940-1953— — Methuen (relief and sewer) 2Ms 1939-1953. to 2.00 % 0.25 to 2.00 % 0.15 to 1.80 0.25 0.25 0.25 to 1.25 0.25 to 1.60 0.25 to 2.00 0.25 to 1.60 0.40 0.40 0.50 to 2.15 0.40 to 0.15 0.15 0.20 0.25 to 2.00 M&N b 0.40 New Bedford— 4s Bridge 1957 J&J 2 Ms 1939-1947 A&O Northampton 1 Ms *40-59 F&A Pittsfield— 4s Dec 15 1939-1944—J&D Relief 2Mb 1939-1948.A&0 1Mb Relief 1940-1946.A&O 2Mb 1940-1969 J&J Springfield— 3 Ms Water 1939-1960.J&D 2s sewage disg 1939-68M&N 1 Ms Relief 1040-1946.A&0 Waltham 2s 1939-1948-J&D Watertown— 2.70 1Mb relief 193948—.M&N b 0.20 Wellesley (Town)— 0.25 2s H S 1940-1952 M&S 0.25 Winchester 3Ms 193946-J&J Worceste? (City)— 0.15 1 Ms Funding 1940-58—J&J 0.15 1Mb 1940-1948..—J&J 0.15 L50 1Mb relief 193948 A&O 0.15 2 Ms t 1 HosiMtaj ^193949,.J&J 1 SMPore^GogageSS. 1.75 1.75 2.00 2.10 2.25 to 2.35 2.30 to 2.25 to 2.00 2?35 to 1.60 to 0.25 0.25 2Mb Dec 1 1939-1955—J&D Ref lMs 1939-1948—A&O 3.25 Quincy 2Ms 194047 A&O Reading— 1 Ms school 1939-58.M&N 15 to 2.30 % Salem 1Mb 1939-1948—M&N SomervUle— to 2.20 % 3 Ms School 1939-1954-J&J to 150 to 2.25 0.25 2.30 % to 2.80 to 2.50 M&S 2Ms 1940-1947. Lynn— to 2.00 to 2.00 to 2.90 to 2.20 2Ms to 1.75 % to to 3.30 to 2.90 1939-58—M&Njb 0.25 1Mb water 112 to 2.30 to 2.90 Holyoke— to 2.95 to 2.50 * .75 2.00 2.20 4s School 1939-1950—A&O & 0.50 2s G & E 1939-1947—A&O ft 0.25 Lawrence (wat h'way & b'dge)1 107 116 to % 2.70 0.25 A&O F&A F&A Lowell— 110 2s Improve'mt 1939-56 —A&O 6 0.75 Auburn 4s 1939-'40 tax-ex_J&J 6 0.75 0.75 Augusta—4s Oct 15 1939-1955 4s Wat Wks Sopt 1 1939-40 075 Bath 4s Ref 1941 tax-ex-J&D 2.50 Bolfast 4Mb Ref '39-'50 M&N 6 3.50 6 Basis. 1.30 % 3.50 3.00 3.40 2.50 2.90 2.95 2.95 2Mb 1939-1946 J&J 2Ms 1939-1968—M 2 & N 2 4s 1939-55 (tax-ex) M&N Framingham— 1% relief 1939-43—M&N15 118 4s Highw & Bdge '40-44 M&N 1.50 4s State Pier 1939-1942—M&S 6 0.75 3 Ms 1939-1951 0.75 —M&S t Drawn bonds being redeemed. to Fall Kiver— 110 116 5s H'way & Bdge '39-'54-A&O 6 0.75 0.75 Sept 1, 1939-1953 M&S 0.75 Highw & Bdge 1939—M&N 5s 1939-1961— 5s Oen Imp 1943-45 5s Water 1961 % % Easthampton (hi'way & relief) 1Mb 1939-48 M&N15 5 0.20 to 1.30 Everett 1 Ms 1939-1941.. J&J t> 0.25 to 0.70 lMs Relief 1939-1948..J&D b 0.30 to 1.90 to 2.60 111 1939-1958 Chelsea 4s 1958 3.40 MAINE 4Ms 1939-1942— to 0,75 to 0.80 to 2.75 lMs 1939-1946 1 Ms 1939-1942. 106 0.40 1.50 Pub Wks Nat Recovery 4s 1940-1963 J&J b 1.00 to 2.80 City Hall 5s 1940-'55-F&A b 1.00 to 3.10 2.30 Louisville—6s Sch 1962 A&O 6 2.40 2.00 4X3 Hospital _1951 M&S b 2.20 b 2.40 2.25 4Xb Rer 1965 —J&D 2.30 .F&J 5 2.45 4Ms Jan 1 1970 2.30 4X3 Sewer 1969 J&A b 2.50 1.65 I 4s Sewer 1947 .-F&A b 1.80 1.90 f 4s Lou W Co 1950-F&A b 2.10 2.25 I 4s Sewor 1965 F&A b 2.45 2.30 I 4s Jan 1 1970 J&J 6 2.50 r 1.25 3Xa Ref 1943 J&J b 1.50 r 3s Sew & Park 1941—J&J 6 1.00 0.60 to 0.30 to 0.30 to 2s 106 to Tensas Basin Levee District— 5s Jan 1957--J&J Lexington— 1.75 Cambridge— 109 to 3.10 ... A&O b 0.25 Bralntree—4s 1939-1941-J&J Brockton lMs 1940-'48_.A&0 to 3.15 1 0.20 J&D 6 0.40 M&S b 0.40 J&D 3Ms June 1 1944 J&D 3 Ms July 1 1945 J&J 3s April! 1940-1957— 0.75 2 Ms 1939-1968 0.50 J&D 2 Ms Sept 1 1939-1956.M&S 0.40 0.50 2Mb 1939-1955 —J&D 0.40 Subway 2 Ms 1939-48.J&D 2 Ms 1983 J&D Metropolitan District— 2 Ms ser A 1940-'58_M&S 0.25 2 Ms ser B 1940-62..J&J 0.25 2 Ms Dec 15 1939-1960— 0.25 2 Ms Oct 1 1939-62-A&O 0.25 104 M 1.00 4s to to 1.80 4s relief 1939r53 109 X 103 X 6 2.90 Red River A & B B District— 5s 1950 Series B A&O 5s Mar 1953 opt 1943-M&S 5s 1965 Series D F&A 4s 1.00 0.40 to 1.25 4s Tun & Sub '59 tax-ex J&J to 2.80 1.00 4Ms W W & Sew '39-'54J&J 4Ms May 2,1939-67-M&N2 6 Par 1.80 % L 0.60 3 Ub 1939-1951 3 Ms June 1 1943 3.30 to 5s Dec 1. 1939-1969—J&D 0.75 6Ms Jan 1 1941 J&J Topeka S D 4Mb Mar 1 '40-'46 6 0.30 to 1.50 Wichita 4Xb 1939-46—J&D b 0.40 to 1.70 Sch Dist ref 4 Ms '39-48F&A b 0.40 to 1.90 % Wyandotte County— 4X8 1940-1945 __J&J 6 0.40 to 1.60 % KENTUCKY Bridge Revenue Refunding— 102 M 102 M Project No 1 July 1 *50 J&J 102 M 102 H Project No 2 July 1 '50 J&J 102 M 102 M Project No 3 July 1 *50 J&J 102 X 103 M Project No 9 July 1955 J&J 10254 101M Project No 8 July 11945 102 M 102 M Project No 10 July 1 *50 J&J 102 102M Project No. 11. 1952 102 X 103 Project No 12.1947102 X 103 Project No 131953— 103 102 X Project No 141945— Ashland— 3.50 4Ms S I '42, '47 & '52M&S b 3.55 3.55 Bowling Green—5s 1955.J&J b 3.70 Covington— 3.25 4Ms 1939-1950 A&O b 3.50 3.25 4Ms WW 1939-51 J&J b 3.50 2.25 4s Fdg 1952 opt *42—F&A b 2.50 3.65 4Xb School Jan 1 1940-69— b 3.80 Henderson County— 100 103 K 4Ms R&B Oct l'39-'66 A&O to 1.65 to 1.90 4 Ms Dec 1976 J&D 4s Tunnel & Sub 1948 J&D 4s Sub 1957 tax-ex A&O 4s Sub 1958 tax-ex J&J to 3.10 % — 3.20 11981 M&S 4Mb Tun 1960 tax-ex- A& O to 2.25 1.65 0.75 1.60 1945 Sedgwick Co 4Ms 1940 Shawnee Co 4 Ms 1944 Topeka 4Xb 1948 3.10 3.20 4 Ms Sept % 1.75 Saline Co 4Xb 3s gold Water Jan 1 1941-J&J 2Ms Dec 1 1939-1947 J&D b 0.15 b 0.15 2X8 reg July 1 1939-67 Arlington 4s 39-'42(tax ex) J&J Beverley— Shreveport— 1940-1947-J&J to 3.25 . Leavenworth Co 5s 1945 Water to 3.20 MASSACHUSETTS Is Pub Wks Feb 15 1940-1941 b 0.15 Hurricane & Flood Damage— 0.15 X% 1939-43 M&N15 117 McPherson 4 Xb 1945 Reno Co 5s 1941 4Xb 1.50 to 3.25 „ 107 M 115 to 3.50 J&D 5s July 1968 2.20 u 3.30 Metropolitan Water Loan— 2s reg 1944-68 J&J b 1.00 1M? Hub Wks. _Sept 15 ,39-'40 I* 0.15 107 1.75 Plaquemine Parish E Bank— 5s Oct 1952 A&O Pentchartrain District— 6s 1944— M&N 2.10 Education— 1939-1944 1%50 "I'M % 3Ms gold July 1944-—M&S 111 Orleans Parish Sch Board— J&J or J&D b 1.00 J&D 6 2.50 J&D 6 3.15 1945-1967 2.40 „ - 5s ""040 to 2.35 Boston— 1940-1949 J&J 105 1950-1959 J&J 107 *4 Ms 1939-1961 A&O 105 *4Ms Sept 1.1939-'68-M&S 105 4Mb Non-callable 1952 J&D 6 3.50 less Imp July 18 '49—J&J to 3.00 2.00 105 106 113 5s July 5s July F&A 4Mb Wat & Light 1944-J&J Board 4.00 to Orleans District— to 2.10 0.50 4s 1939-52 (tax exempt) — Var b 0.15 4s Water registd 1939-58-J&J b 0.15 3 Ms 1956 ref (tax-exem)_J&J 3 Ms Water 1942 J&J 100 to 2.60 to 3.40 Public Belt Bridge Rev— I 4s 1939-1945 A&O b 1.00 to 2.60 104 M 4s 1946-1956 A&O 105M b 1.00 to 2.30 4 Ms serial gold 1939-45 b 2.30 to 3.00 4 Ms serial gold 1945-60 b 3.05 to 3:25 4 Ms serial gold 1961-80 to 2.0U to 1.90 98 * X 1942 „ 1.00 5s 1939-'44 opt 1939-J&J 4 Ms 1939-1944 A&O b 100 4 Ms 1945-1966——A&O & 2.70 to 2.15 to 1.40 2.90 116 5s —J&J 6 0.20 4MB, 1939-1952 4s. 1953-1954, Kansas City 5s 5s 1969 106 M 1939-1945 1945-1960 1961-1980 1939-1950 to 2.30 5s Water 1939-1987.—A&O 6 1.00 4Ms 1939 1987-—A&O 6 1.00 3.05 105 3Ms Ref 1939-1962—M&S 3 Ms July 1 1953-1968 4s July 11940-1952 4s Mar. 1 1942-1964—M&S 1.50 to 1.50 to to b 3.15 J&D 6 1.00 4s Constitutional 1942.J&J 104 108 M 4s Pub Impt '52 opt '42-J&J 4s Pub Impt 1942 J&J 102 M Orleans Levee District— to 1.60 1.00 b 3.00 114 4s Marshalltown— less 98 X 5s 1956-1970— A&O Lake Borgne Dist Levee— 5s Dec 1952 opt 1942—J&D New Orleans—Public Belt—\ 4 Ms lesslM lesslM lesslM 6s Ref Aug 15 1940—F&A15 6 0.75 0.50 4 Xb Sewer 1939-47 M&N 0.50 —J&J 2X8 1939-1956 0.75 Sioux City S D 5s 1941—J&J 104M Sewer and Water— to 0.75 4Mb Water 1939-1944.A&O 6 0.50 Sac Co 2Xb May 11939-47— 6 0.50 Sioux City 6s '39-*45 .F&A15 6 0.75 103 M b 99 to 117M 4 Ms 4 Ms 1.70 , 115M to 3.00 Net 0.25 2.30 4Ms 1939-1968 -M&N 6 1.25 Washington Sub San Dist—3 Ms Wat & Sewer '87.M&N 3.20 4 Ms Sewer g 1973 J&J 6 3.30 to 3.50 116 to 1.00 Ask Montgomery Co— to 3.40 5s 1972 opt '62 Lafourche Basin Levee— to 1.15 to b 2.00 b 1.85 113M 115M to 0.80 Des Moines Ind S D— 4Ks Sept 1 1945 4Xb 1944 : 4s Sept 11945 10' to 3.00 5s 1951 opt 1941 J&J Fifth District Levee— 5s 1950 opt 1940 J&J 5s 1952 opt 1942 J&J 5s Oct 15. 1962 op '52.A&O 5s Oct 15,1963 op'53A&015 5s 1959-1969 F&A 15 2.50 South Bend School City— 4Ms to 2.95 „ blOOX b 1.25 Caddo District Levee— 2.50 Indianapolis S D— 4s Bldg Sept 1 1946—-J&J 3 Ms July I 1941 J&J So Bend 4Mb W W '43-M&N 5 Ms 1941 M&S b 2.65 % . to to 3.10 to 2.90 109 % Baltimore (Concluded) 4m liegis'd 8tk 1946-57 M&N 6 4s 1939-1944 A&O 6 4s 1956-1965 M&S 6 4s 1972-1975... .M&S 3 Ms Irapt 1940 J&J 6 3 Ms March 1945. ...M&S 3Ms Refunding 1952...J&J 6 1.90 3 Ms Sewage Impt '80.A&O 6 2.35 Cumber'd 4 Ms W W '41-A&O 6 1.60 Hagerstown— 106 M b 2.35 5s Sept 1939-1972 M&S Baton Rouge—5s '40-*54 M&S Gary Sch City 4Mb Oct 1943— Hammon (City)— Indianapolis— 5Ms Track Elev '40-'47-J&J 6 1.50 4s Fire Dep J'ne 1 *41-J&J 4Mb Sch Pne 15'40 J&D15 4Mb 1940-1955 J&J b 1.25 to 2.75 b 2.50 Bossier Dist Levee 5s '54-A&O to 2.20 to 3.25 105M 1%75 50 >* 48 O H 1942-1956—-J&J30 b 2.25 b 1.75 b 1.00 b 1.00 ^ Elkhart 4Mb WW '39-75 A&O b 1.50 Evansville 4s ref 1942. J&J Fort Wayne 4Mb '39-'57-A&0 57.50 Bid - 3.85s 1942-68 F&A Atchafalaya Levee Dist— Winnetka Bonds — State Highway— b 2.40 Granite City 4Mb 1939-48 J&D b 1.75 Jackson Co 4 Ms 1940-46-J&J b 1.75 104 To or , Bid Bonds Net State Cook County 4s 1956 opt 4a 1956 opt 4s Ask Bid Bonds BONDS possible for the closing day of the month preceding the date of issue 5 Ms July 15 1941 J&J 15 5Mb Oct 15 1941—A&O 15 5 Ms Highway 1941 J&D 5s Highway 1940..——J&D F&A 4Mb Highway 1943 4Mb Highway Impt 1944 A&O 4s Highway Impt 1942—A&O to 1.90 to 1.50 I % 1 to 1.90 to 1.70 2.50 to 2.00 to 1.30 to 1.75 to 1.50 to 1.75 to 1.40 to 1.80 to 1.30 % I % to 1.30 i to 1.45 % 0.75 less 0.75 less 075 less 0.50 less 1.10 less 1.20 less 0.75 % less X April, 1939] AND STATE Quotations for all securities are as near as MUNICIPAL To or Bid Ann Arbor— W W ref 4 Ms 1939-1948 J&J b 1.10 3 Ms 1944-1946 6 2.00 Battle Creek— 4 Ms Sewer 1939-40—M&N b 1.25 Ask tfMs w w —F&A b 1.50 1939-1951—M&S b 1.20 to to (Long) 1.65 to 1.80 3.10 334s 1948-1952^ 434s Road 1939-1942 0.25 to 0.75 to 0.50 Atlantic City— 2M-4Ms Jan 1973 J&J 6 1.20 to 2.10 0.40 to 2.60 Audubon 0.50 to 2.70 0.40 to 2.70 1 4 **8 less 1 4 34s lessl3* 4 34s 434s b 1.00 b 2.70 less 4s July 1 1939-1947..... b 1.00 Street railway 4 Ms b 3.65 Refunding 3 Ms '57-'62 J&D b 3.65 Refunding 4s '39-'56__ J&D b 1.00 General & Street Railway— 3 Ms Oct 1939-59 b 1.00 General 3s Oct 1 1959-62 b 3.60 Water 2Ms Oct 1 1939-62.. b 1.0) Refunding 2Mb 1951-63 J&) Refunding 3 Ms 1940-50 J&J Flint 4Mb 1939-1954.M&S 15 5s (Mar 1 & Apr 1) '39-'50-Flint Union School Dist— 5s 1939-1954. M&S 4Ms Mar 1 1939 Grand Rapids— 3Ms Sept 1 1939-1940.M&S 3s Sept 1 1941-1945 M&S Grand Rapids School Dist— 4Ms 1939-1943 M&S Highland Park— 4Ms April 15 1957 5Hs May 1 1941 4Kb School Nov 1 1954 Jackson 4Kb 1939-47..A&016 4Ms July 15 1955 Jackson Union S D— - to to 1 2.70 % less 1 less 1 to 3.70 % to 3.60 less 1 to % 2.70 % b 3.60 less b 1 b 2.00 to b 2.00 to b 2.00 to 3a % 3.80 % 4.00 % 4.00 5 3.30 5 4.00 to 3.15 6 0.40 to 2.70 6 0.40 to 2.70 less 1 to 3.25 % less 3* 1.20 „ 6 0.40 to 2.60 to 2.60 to 2.75 5Xa 1939-1961 F&A b 4 Ms Water '39 to '60.M&N b 4>*s 1942-1969 J&J b 4s 1945-1970 b Camden Co— 4 Ms 1939-1970 J&J b J&J 6 0.80 -J&J 6 1.80 St Charles County 3 3*8 toll bridge series A„July 15 *56 100 St Joseph 4)*8 1940-'45—M&S 6 0.40 Refunding 43*s May 1 1951 St Joseph 8 D 4s 1940 to 2.50 to 2.40 to 1.80 % 2.35 0.70 to 2.00 to Muskegon 4 Ms 1940-44.-J&J Muskegon S D 5s 1942. .July 5 1.50 to 2.60 5 2.25 less 34 3s School 1940-1954 38 Refunding 1952 A&O .——1.95 43*s Sewer 1939-1951.J&D 5 1.00 % % 2.00% to 2.00 % to 1.75 Public Bldg & Impt— 1 2s to 2.80 Covert roads Voted bonds 5 1.50 to 2.50 5 1.50 to 5 3.10 less to 2.00 1.80 to F&A 1.70 to 0.40 1.80% to 1.90, % 0.40 to 1.35 1.25 to 2.05 1.90% 2.50 43*s Airport April 1 1948— 1.90 Springfield 4 34s *39-'49—M&N University City— 434sl939-1943 M&N 43*s 1942-1949J&J15 to 2.75 A&O M&N 1954-58 Wayne County— MONTANA bonds— 4s opt *44, 1940-1953 ..J&J b 1.00 4348 1939-1947 less 3* less 2.00 less 1 1.25 less 1.50 28 Rural Credit ctfs 1942 Duluth— 1.50 0.75 less 1.00 4s 1939-1946 —J&J 1.00 Duluth Ind School Dist— 634s 1939-1940 A&O 5 1.00 Hennepin County— 6s Bridge 1939-1940..M&N 534s Bridge 1939-40—M&N to 45*8 Sanitorium '39-'42 J&J 434s Hospital '39-*41.M&N Minneapolis— 5s 1940,1943,1945.1946, 1947, '48, '49, '50-.-J&D 1.00 45*8 Apr 1939-1952..-A&O b Par 43*8 1939-1940 ...A&O 6 0.75 A&O 2.00 M&N ..A&O M&S M&S 0.75 0.50 M&N 0.40 J&O 2s 1939-1946 A&O 1.90a Oct 1 1939-1946.A&0 0.50 1.80s 35*8 2.60s 1939-1941 1939-1966 2348 1940-1967 2.30s 1939-1947. 23*s 1939-1958 2.20s 1942-1959 1939-1943 0.50 1.00 1.25 0.50 F&A 0.50 15*8 1944-1948 F&A Ramsey County — 15* Mar 1 1940-1949.-M&S 0.40 F&A 23*s 1939-1947 43*8 1939-1950 F&A 434s Rd & Bdge '39-*44M&N 4 5*s Rd & Bdge '39-'43 J&D 0.75 0.75 0.75 St Paul— 6s school July 1 1951 J&J 45*8 W W 1939-42 A&O 5s School July 1 1951—J&J 5a Gen'l impt 1940-62--J&J 4348 Sewer July 1 1943-J&J 43*8 1940-1959-—^>3&J 4a 1939-196J^t^—_A&0 2.60s 1939-1957 J&D 1.60 0.50 3.00 0.75 2.75 0.75 2.00 0.75 0.75 0.50 MISSISSIPI Impt 1940-1946 M&S May 1 1939-1950— Impt 1953 J&J Flood 1939-1953—.A&O Highway 1950-59 F&A Biloxi 53*8 1939-1943—A&O 534s 45*8 434s 434s 33*s — b 1.25 b 1.25 *7.25 b 2.80 Callable bonds 97 Non-callable bonds 98 Greenville 5s fund '43-'50 F&A 6 2.50 Jockson— 53*s 1939-1954 A&O 45*s Jan 1 1940-1952 4348 1939-1952 M&N Jones Co 5s 1939-1942—.M&N Meridian 5a Dec 1 1939..J&D 6 1.50 6 1.60 6 1.50 6 1.50 43*8 School House 1941 J&J Mississippi Levee District— 5s May 2 1944 58 July 11953 M&N 6 2.80 -J&J 6 3.40 Vlcksburg— 5b Pub Imp 1939-1948.F&A 6 1.50 Yazoo-MIss Delta Levee Dist5s 1939-1954 M&N >1.50 434a July 1949 J&J b Basis, t Less 1 on to 2.25 % b J&J J&J to 1.50 1.25 b 3.25 to to % 1.00 % 4.00 % 3.25 bid side. 3.00 % Beatrice S D 5s 1940-54..F&A b 0.50 Douglas County— to to 2.65 % 58 1.75 to 2.75 % to 2.25 to 3.10 to 2.50 to 3.80 to 4.75 1.50 to 3.35 to 4.35 to 4.30 _ 1.50 114M M&S Elizabeth— 2Xs 1940-1978—...M&S 4Ms 1939-1957 A&O 5Xb Dec 1 1939-1946.J&D 6s 1940-1972 J&J Englewood 5s 1939-1944.A&O to 3.85 to 3.65 80 to 3.00 to % 2.75 % 116M to 2.90 to 3.20 to 2.90 0.60 to 2.70 1.25 to 3.00 1.25 to 3.03 1.25 to 3.25 1.00 to 2.15 M&S 15 b 0.75 to 2.60 Essex County— F&A % 2.10 (Boro)— 1.00 to 3.00 % to 2.80 % 99 J&J 4 Ms Mun Bldg 1939-70 F&A b 1.00 4Mb 1939-1966 J&D 83 5Ms Water 1940-1963.M&S 82 Gloucester Go— 4Ms Bldg&Rd'39-'45 J&D20 b 0.75 Hackensack4M8 1942 F&A 4Mb Imp 1940-1942—J&J b 1.00 F&A b 1.50 —M&S b 1.25 Hamilton (Township)— 3 Ms sewer 1939-1978—J&D b 1.50 Hoboken Lincoln School District— 1.50 1 1%00 4.00 1939-1969 J&D b 1.00 5s Sewer 1940-1960 J&J b 1.00 3 School 1939-1974—A&O 1.00 Highway 1939-46.-A&O b 0.50 to 2.40 % Holdrege S D 5s 1939 -55. J&D b 0.50 ! to 3.00 % to 2.00 1.65 to 2.90 3.50 4Mb 6s 1940-1954 3s 1939-1966 NEBRASKA to 1.50 to to 3.20 Gloucester City— b 1.00 2.35 to 1.50 % 2.75 % Orange— Falrview 5s 1944 Glen Ridge— 434a Wat & Sew '39-'50-J&J b 1.25 to 2.60 to 4Mb 1946-1973— 4 Ms 1940-1960 4s Hospital 1946 Great Falls— J&J 48 1944 Highway debentures— 43*8 Dec 31 1939-40 434s Dec 31 1939 Daniels Co 53*s 1940 6s 1941 opt 1940 34 2.00 b 3.00 5s July 28 1939-1960 1 MINNESOTA July 151943 J&J 43*s Dec 1 1939 J&D 234 trunk h'way '47-51..M&N 1.85sRuralCreaitctfsl941 m Essex Fells Funding 3 5*s J&D b 1.50 75 1940-1951.M&S Cape May Co 5s 1940 M&S b 2.50 Delaware River Joint Com. Phiia-Camden Bridge— 4Ms 1939-1945 M&S b 0.50 East M&N b 0.30 F&A b 0.40 less to C^f^s^Scfiool to 2.40 F&A16 0.30 M&N,& 0.75 1 1939-1958 4s 1944 1968 4s 1939-51. less % to 2.75 Camden— to 2.70 4Mb to 2.80 to 2.40 33*s 1950-55 234s 1951-56 % to 3.80 Bloomfield 4Ms 1939-69J&D15 b 1.00 2Ms School 1940-1969.M&S b 0.40 Bogota 4 Ms 1939-1946.-J&D b 1.50 Bound Brook 41*8 '39-'42 J&D 1.50 Bridgeton (City)— 434s 1940-1953 4 3*s 1941-1948— 99 to 3.75 2.00 2.00 2.00 A&O to 2.90 to 2.10 Refund 4-4 34s 1964 opt 1937 97 43is School June 1 1955 5 4.50 Port Huron 4 Ms 1942 5 2.25 Saginaw 434s 1939-1949-.F&A 5 1.00 % 2.00 b 1.00 b 1.00 b 1.00 to 2.95 5 1.00 Pontiac— 4Ms 1939 b b b b to 3.25 to 3.75 b 2.00 to 3.00 5 - to 4.00 6 0.50 St Louis— 2.001 to 3.40 % 56 87 to 3.90 6 0.40 4Ma 1939-1945 M&N Lansing 4Ms 1939-1940—J&D , b 6 0.40 33*8 1941-1951 234s 1945-1955 2.40 5 2.00 6 0.40 6 1.30 68 (Boro)— J&J 1939-1955 F&A School 1939-1966.F&A Belleville 5s 1939 & '44.M&N Belleville S D 5s '39-'44 M&N Bergen Co— 5Ms Dec 1 1939-1942.J&D 5Xs Dec 15 1939-60-J&D15 5s Dec 15 1939-1955.J&D15 to 2.10 6 0.40 5s 1941 1 1.00 3.00 4 Ms Bridge 1939-57-A&0 4 Ms J&J to 3.00 less 1.50 J&J J&J to 2.10 5 2.00 5 3.25 to 0.90 85 4 V*s to 2.70 to 2.70 to 2.40 b 1.25 to 2.60 to 0.90 to 66 Water 3-4 Ms Jan 1973 Bayonne 5s 1940-1949 0.50 0.50 J&J 6 0.80 J&J 6 0.50 4s 1941-1951 43*8 1940-1950 434s 1940-1950 434s 1946 5 1.25 to 0.90 to 0.70 to 0.70 55 J&J 6 2.60 A&O 6 2.45 1954-1975 23*s 1958-1975 234s 1956-1975 Kansas City S D— 00 0.50 _ J&J 6 0 AO M&S 6 2.50 3s 1940-1957 to 3.60 1.25 Net to 0.70 6s July 1 1940-1944 b 2.50 5 D 4Ms 1940-1955—_M&S b 2.50 - — 1 0.50 0.30 0.40 0.50 0.30 0.50 - , J&J 1940-1950 J&J 1939 1950 J&J15 1949 J&D Road 1940-1952—J&J Court h'se '40-'52 J&J (School District)— 6 1943-1948 Joplin 434s Kansas City— 43*8 Various May 9 *39-72 434s Jan & July 1942—J&J 4 3*s 1939-1955 A&O 434s Airport 1939-54..A&O 4s Airport 1939-1971—M&S 3 3*8 1939-1974 J&J 334s 1940-1974 F&A 33*s 1939-1955 A&O 2.70 % to 1.80 . Jackson County—4s 1939-1951 4 34s less Ask Atlantic County— less b 2.75 to 1.70 to 1.15 1963-1957 Buchanan County— Ret 3a 1943-1956 series D— 3 Ms Oct 1 1951-1901 3 Ms Oct 1 1939-1950 3 Ms Oct 1 1948-1950 1.70 1.75 b 3.05 Refunding Water 1941 0.25 b 3.00 4^8 4Ks to 0.25 b 2.95 100 non-callable Water 4s — - to 1939 4 Ms Nov 1939 to 1941 J&D b 3.85 5s J&J b b b 3Ms Mar 1940 to 1942 b 3 >*s May 1939 to 1942 b 2M Jan 1940 to 1943 b Ed Aid 4 M« ser A Jan 1940-42 b Asbury Park (Citv)— Refunding 4s 1966 5s May toT.50 3s Building 1939-1941 J&J 3s State Bldg 1940-1944 .F&A to 3.30 995* 100 3* 1005* less 13* 4Ms 4K« Bid Emergency Relief— 3Ms Jan 1940-1941 to 1.85 98 985* 995* Bonds N. J. to 1.90 2.50 to 2.00 To or Net MISSOURI to 2.10 3s Road General 3 M a callable 4s Ask 43*8 Road 1948-1950—-M&S b 1.75 2 4 J*s 1939 A&O 1.00 4 3*s 1943-1946 —M&S 1.10 4s 1943-1947 M&S 1.25 4s Road 1944-1948 _A&() 4s Nov 1 1948 1952 1.70 M&N to 2.10 Dearborn— 4Ms Sewer '40-'51-'50-A&O b 2.25 Detroit— Bid Yield Basis To or Bonds Net Battle Creek S D— 4Ms 1940-1949 Bay City— date of issue Yield Basis Yield Basis Bonds 95 BONDS possible for the closing day of the month precede, to 2.10 % 2.00 to 2.10 to 3.60 to 3.20 % 1 to 3.50 % 3.00 to 4*.40 to 3.20% 2.90 % Hudson County— 434b 1939-1953 M&N 6 0.50 McCook Fund 5s'39-'43.F&A b 0.50 North Platte Sch Dist 5s 4Ms 1940 School J&J 1940-1954—.J&J b 2.00 4Mb 1939-1978 M&N15 4s g Park 1954 & '59.M&N to 2.25 Hunterdon County— to 2.70 4 Ms Road & bldg '40-'46J&J 434s 1939-1959 J&J b 0.50 to 3.00 % to 2.75 Omaha— Irvington 5s School 1963.J&D to 1.75 434s Wat wks Dec 15 '41J&J 4Mb 1939-1959 J&D 0.50 less 1 43*8 May 1 1956 M&N 2.95 Jersey City— to 1.50 5s 1948 J&D 5Ms 1942-1953 A&O 2.20 to 2.75 Omaha SD4gs Mayl'55M&N 5s 1939-1969 A&O 2.65 to 2.75 York School District— 4Ma School 1939-1958.J&D to 2.20 434s 1910-1955 J&J b 0.50 to 2.65 % 4Ms School 1945 J&J to 2.35 4 Ms Water 1961 A&O to 2.50 NEW HAMPSHIRE 4Ms 1939-1967 .J&D to 2.00 4s July 1939-1948 4s Refunding 1949 ...J&J b 0.80 to 2.10 F&A to 2.00 4s July 1 1939-1953 434a Highway 1939-1943.J&D b 0.90 to 1.80 to 1.50 Gen ref 3Ms *40-'54—F&A 334s Refunding 1942-1944 J&J to 2.00 3Ms, 1939-1956 13*s Highway 1941-1946 M&S J&D Concord Keansburg 5Ms 1939-59.M&N to 1.70 23*s Sewer 1939-1956.M&N Kearney—to 2.25 43*8 U S D 1939-1965. J&D 4Mb Water 1939-70.J&D15 to 2.50 Keene43*s 1939-1942—M&N 6 1.00 to 1.65 % 4Ms Sch impt '39-*52_J&D to 2.25 Manchester 5Ms 1939-1970 J&D to 2.25 Linden 2Ms 1939-1956—.J&D 4s Impt 1939-1951 A&O LodI 5s 1940-1947 334s Bridge 1939-1956.F&A J&J less 1 Nashua— Long Branch 5s 1943——M&N to 2.25 3s H S 1910-1956——J&J Lyndhurst 3-5s 1940-57—J&J less 1 Maplewood (Township)— to 3.10 NEW JERSEY 4s 1939-1967— J&D15 less 1 Mercer County— Bridge bonds— to 2.60 43*s Series B July 1939---. 0.30 3Ms April 1941 A&O to 3.00 4 3*8 series C Jan 1940 0.50 Middlesex (Borough)— to 2.60 3Ms 1940 to 1967 43*8 Series D July 1940 0.50 J&J 4 3*8 series E Jan 194l 0.60 Middlesex County— Road Bonds— 4Ms Road 1940-1944—F&A to 3.00 4 3*8 series O July 1939.. 0.30 Imp 3s Nov 15 1939-1948— to 3.25 4 3*8 series D Jan 1940 0.50 Monmouth County— 3.25 4 3*s series E July 1940 0.50 4Ms Mar 15 '40-'50—M&S to 3.25 43*8series F Jan 1941 0.60 4Mb Rd & bdg '39-51F&A15 to 3.05 43*8 series G July 1941 0.60 Montclalr 4Mb Sch 1941.A&0 4s series H July 1942 4 Ms High sch bldg *44_J&D 0.90 9934 48 series I July 1943 2 Ms May 16 1939-70 1.00 100 43*sseries A of '27 July 1944 1.30 Morris County— to 3.40 4s ser B of '27 July 1950 4 Ms 1942 opt 1922 1.85 J&J Soldiers Bonus 5a July 1941— 3 Ma 1939-1949 0.60 J&D15 to 3.75 Highway Extension— Morristownr— to 3.60 43*8 0 of '20 Jan '53 opt '38 0.30 4Ms 1939-1942J&D to 3.60 4 3*8 D of '20 Jan '54 opt '39 0.30 4sl939-1969 M&N to 2.50 0.40 Neptune 4 Ms 1940-1955-F&A 43*8 E!of '20 July '54 opt *39 43*8 F.of '20 Jan '55 opt *40 0.50 TnTa w?i lr—r 2.50 4 3*8 A of *24 Jan '65 opt '40 6s 1940-1972 0.50 M&S 4 3*8 B of '24 July '55.opt '40 0.50 5Ms Oct 15 '39 to'59 A&015 to 3.00 4 3*8 O of *24 July '56 opt '41 5s 1939-1958 J&J 0.60 to 3.50 4 3*8 ser B]of '30 July *39-'67 0.30 to 2.25 4Mb 1939-1983 F&A % 3 Ms ser O .of *30 Nov *39-'69 0.30 to 2.10 % 4Mb School Dec 1 '45—J&D to 3.25 % Institutional Construction— 4s Sch house 1959 opt 1949 3M« ser A July 1939-1966— 0.30 to 2.10 4s Pas Val sew'61 op 151 J&D % to 3.40 4 ks series B July 1939-1967 0.30 to 2.25 % 4s 1939-1970 J&D 40 4s series O April 1939-1969. 0.40 to 2.10 % 3 Ms Track elev 1954—F&A 2 Miseries D May 1939-1970 0.30 to 2.20 % 2 Ms Jan 15 1940-1976-J&J to 2.70 1 — b 1.00 b 2.80 b 0.75 to to 2.15 % % '3.15 : & 1.00 to b 3.15 b 2.00 to b 2.00 b 3.75 b 3.75 b 2.00 99 M 2.00 to 4.20 4.25 to 4.10 3.50 3.65 to 4.10 101 99 2.00 1.50 3.00 % 98 to 98 3.75 87 1.25 to 3.40 1.25 to 3.10 1.25 to b 0.80 b 90 3.60 to 2.25 80 3.50 b" 97" 83 b 0.75 to 2.70 - ho n to 3.85 b 1.00 b 0.75 to 2.20 b 1.00 b 1.25 to 3.25 b 0.75 to 2.60 b 0.75 to 2.45 to 2.40 to 3.25 1.25 to 2.25 1.25 to 3.50 6 1.50 b 1.50 to 4.10 b 1.50 b 1.50 to 3.90 b 1.50 to 3.80 % 5 1.25 to 3.60 % i* I / Flat price, b 2.00 NominalT to 4.25 to 4.00 3.50 STATE AND MUNICIPAL BONDS 96 Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue To or Bid Bonds 1.25 1.25 1.25 6 1.00 P^SlsC1940... _ to 3.20 b 2.35 4s to 3.30 83 80 78 to,2.25 to 3.15 L 101 6100 b 3.00 98 to 4.25 % b 1.25 to M&s b 1.00 to 1.50 1.50 J&D 1.50 5s Impt 1939-1948 M&N 4Ha Refunding 1944--M&N 4 Ms Water 1939-1970—J&J b 1.00 Passaic County— 1.00 4Mb 1939-1946 J&J 1.00 4Mb 1939-1968 J&D Pater son— BHa 1939-1959—M&N b 1.00 4Ha Feb 1 1945 F&A 4 Ha 1939-1967A&O 6"1.25 Ambqy— 4Mb April 1944 — — 4Mb Water 1940-64—M&S2 Bb Feb 1940-1977 F&A 4 Ha refdg 1944 & *46..F&A Plainfield 4s School 1959 M&N 4 Ha 1939-1962 Various-J&J b Rahway— 4Mb 1939-1953 J&D Ramsey 5s Water 1939-1940— Red Bank (Borough)— 4 Ha 1939-1953 M&N Ridge wood 4 Ha 1939-62.M&N BHa 1939 —J&J 4Mb 1939-1968. M&N Sea Isle City 5s 1942 F&A Somerset County— 4Mb 1939-1949 J&D 4Ms 1939-1952 —-J&J 95 1.00 1.00 94 1.00 1.25 1.50 0.75 1.00 ho 0.75 to 2.40 0.75 to 2.60 4Mb 1939-1969 4MB 1939-1968 6 3.00 to 4.50 to 2.00 to 3.35 to 2.85 to 2.90 Summit— 4Ha School 1941 F&A 4 Ms Imp & sch *39-'60-J&D 6 "1.00 Sussex Co 4 Ms '39-*44 M&S 6 0.75 1939-1955—M&N Tenafly 4Mb 1940-1963-F&A 4s Impt to3~00 to 2.00 6 0.75 to 2.60 6 1.50 to 3.75 BHa 1939-1951 A&O 6 1.50 5s School 1939-1955—A&O 6 1.25 4 Ha 1940-1966 F&A 6 1.25 to 3.35 4 Ms 1940-1960———F&A 6 1.25 4s City Hail 1939J&D to 3.20 2Mb gen fd & ref *40-68 F&A 6 1.00 to 2.85 Trenton—• Union City 4Mb 1939-*64.J&D Union County— 4Ha Oct 15 1939-1952 4Mb Rd&Bdge'40-'47_F&A 4s Oct 11942 A&O 2.80s Gen Impt B June 1 1950-1965Union Township Sch Dist— 4 Ha 1939-1968 J^ 6 1.75 to 3.25 to 3.20 to 4.00 6 0.75 to 2.40 6 0.75 to 2.10 6 2.40 to 2,60 6 2.50 to 4.40 91 Vineland (Boro)6 Ms 1940-1951 Weehawken— 3 Ms 1941-195] 3 Ms 1940-19' 123 M 123 M to 100M 6 1.00 to 3". 50 % 6 1.00 to 3.10 6 1.00 to 3.00 6 2 50 6 2.75 to 4.50 to 6 1.50 to 3.10 I % 4.65 % West Orange to 2.00 J&D 15 NEW MEXICO 6 2.25 to 1.25 6 2.25 6 3.00 1.25 100 2.25 2.75 101 2.40 6 2.40 Highway to 2.75 99 6 2.75 6 3.00 July 11949-1952—. QQ Albuquerque— 5s Water Works 1962—J&I 114 4Mb 1939-1950— J&; r& 1.50 4Mb 1939-1950 J&, n 1.50 Middle Rio Grande Oonser Dist 5Ms 1939-1973—F&/ 67 95 120 to 3.75 to 3.80 98 NEW YORK 0 0.40 0 0.50 0 0.50 0 0.40 to 1.15 to 1.20 to 2.20 to 1.30 to 2.10 to 2.30 to 2.25 to 2.20 to 2.20 to 1.40 to 1.90 to 2.15 to 1.85 to 2.60 to 1.70 to 2.00 to 2.30 to 2.80 2.70 to 2.70 to 2.60 to 2.30 to 2.20 0 0.50 0 0.60 to 2.50 0 1.40 to 3.15 to 2.25 to 3.05 to 3.15 0 0.30 0 0.50 to 2.20 0 0.30 to 2.00 0 0.30 to 2.10 0 0.40 to 1,50 0 1.75 to 2.10 0 0.40 to 2.90 0 0.30 to 1.35 0 0.40 0 2.70 to 3.00 to 2.50 to 2.90 0 0.50 to 2.50 0 0.30 to 2.20 0 0.50 to 0.75 0 0.50 0 2.10 to 2.00 0 0.50 to 2.35 to 3.10 0 0.50 to 2:30 0-25 to 2.20 , m 1-10 to 3.50 0 1.10 to 3.80 to 2.25 to 3.60 to 3.00 0 0.50 to 3.20 to 3.20 Hempstead Un F S D No 1— 0 0.50 6s 1940-1954 M&S Hornell 4 Ms 1939 1947-F&A 0 0.50 Hudson Riv Regulating Dist— 0 0.50 J&J J&J 0 0.50 0 0.75 Huntington (T) 4s *40-'52_ J&J 0 0.50 Islip 4s 1940-1951 M&S Ithaca 4Mb Water 1942..J&J 4 Ms 1940-1954 J&J b 0-50 Jamestown— 4s Mar 201943 A&O 4Mb 1939-1965 4.70s 1939-1965 . A&015 1939-1940 — b 0.50 Lackawanna 4 Ms '39-*64M&N b 0.75 95 Long Beach 4s 1940— 90 BHa 1953 93 6s 1947 Beach acquisition.- Mamaroneck (T) 4Ms'39-64J& J &0.50 Mamaroneck Un FS D No 1 6 0.50 5Ms May 1 '39-*52—M&N to 3.50 to 3.85 6 0.50 to 1.30 MineoJa (V) 4.40s 1939-68 J&J 6 0.50 Monroe Co 4s 1940-44 F&A 6 0.50 to 3.25 to 1.45 to 2.30 2.10 0.50 to 2.30 lMs Jan 15 1940-1942.J&J 60.50 to 1.25 6 1.35 2.05 1.25 4Mb Bonus 6 0.25 to 1.65 6 0.90 0.75 6 1.45 6 2.00 1.35 1.90 6 2.00 1.90 6 2.10 6 2.10 2.00 2.00 6 2.10 2.00 2.00 2.00 6 2.10 b 2.10 6 2.10 6 2.10 2.00 2.00 6 2.10 2.00 6 2.10 2.00 3.90s Co Bldg *40-*50—F&A a 6 0.75 6 0.75 1939-1943 A&O 5Ms 1939-1941— A&O 4Mb School 1962-73-M&N 6 3.00 4s Sewerage 1960-55--M&N 6 2.50 2Mb 1939 to 1956——M&S 6 0.50 to 2.30 to 2.00 to 3.40 to 3.00 to 3.10 3s 1939 to 1946— Nassau County M&S 6 0.50 to 2.40 5s 1939-1943—- M&N 6 0.50 A&O 6 0.50 to 1.80 J&D 6 0.50 to 2.30 3 Ms 1944-1961 J&J 6 2.10 3s July 1 1940-1964—J&J 6 1.00 3s 1940-1950—„—F&A 6 1.00 to 3.10 4Mb 1939-1944 4s 1939-1947- to 2.00 to 3.00 to 2.40 6 Basis. 1 1965- / Fiat price 3.40s July 1 1941-1945-J&J 6 1,20 6 2.20 2 Ms 1946-1956 2 Ms 1940-1957 F&A 6 1.00 to 2.85 2.40s May 1 1939-48-M&N 6 0.50 4s due Sept to 3.35 4Mb 1945-1965 M&N 4 Ms 1939-1963 M&N 6 0.50 to 3.20 to 2.30 2Mb 1939-1947 M&N 6 0.50 New York City— 123 M 4Ms June 1965J&D 122M 123 4Mb 1963M&S 121H 121M 4Ms May, 1957 M&N 120 M 122 4Ms Nov 1957 M&N 121 4Ms Dec 1, 1979 J&D 127M 128 M 124 122 M 4Mb Corp stock 1967--J&J 125 H 4 Ms Corp stk 1971 J&D 15 124M 6 0.40 to 3.10 % 4Ms July 1,1939 to 1955— 123 4Ms Jan 1, 1977 J&J 122 0.40 4Mb Sch & Var 1939—J&D II8M 4Mb 1960 M&S Tml 117 h 118M 4Ms Mar 1, 1962——M&S 4Mb Mar 1, 1964M&S 118M 119M 4Ms April 1,1966A&O 118M 119M 120M 121M 4Ms Apr 15,1972—A&015 121 122 4Ms Rap Tr & Wat *74 J&D 1.00 to 3.20 % 4Mb Feb 15, *41-'66.F&A15 122 M 121M 4Mb Feb 15,1976—F&A15 122 M 123 M 4Ms Nov 15,1978—M&N15 124 M 4Ms Mar 1, 1981 M&S 123M 117 M H8M 4s Oct 1,1980 A&O 117 M 116M 4s May. 1977 —M&N 113 4s Nov 1955 M&N 111M 113K 4s Various 1956 M&N 112 113 114K 4s Various May 1957-M&N 114M 4s Nov 1958 M&N 113 M 4s May 1959— M&N 113M 114M 6 0.40 to 3.15 % 4s serial 1939-1963 J&J — --- - • 110 3 3 3 3 3 3 3 111 Ms Corp stock July 1 *75_ 6 0.40 to 2.95 Ms Corp stock 19§9-1954 6 1.10 0.90 Ms g exempt 1941 M&N 6 1.30 1.10 Ms exempt 1942 M&N 6 2.60 to 2.75 Ms R T 1948-1950-M&N 6 3.00 2.90 Ms g exempt 1952—M&N 6 3.05 2.95 Ms g exempt 1953 M&N 108 109 3 Ms g exempt 1954 M&N 109 108 3 Ms g Water ex 1954. M&N 108 109 3Ms exempt 1955 M&N 108 107 3 Ms stock Apr 1,1954-A&0 108 % 107 M 3 Ms Corp stock Mar 1,1960 107 M 108 M 3 Ms Corp stock Jan 15,1976 3Ms reg Corporate stock i. „ — 2.90 % 1950-53-M&N6 3! .00. 103 H 3 Ms Corp stock July 1, *75-1, to 1.02 3Mb Aug 1 1939-1978-F&A £ 0-2o to 1.02 3Ms serial 1940-1979-F&A A g-fg to 2.75 9? 3s Rap Trans 1947-51 -F&A 6 2*2p 3s corp stock Jan 1 1977 J&J . 09 H 100 3s Serial 1939-1968 J&J ? 0.40 to99M to 99 3s serial 1939-1973 J&D 6 0-40 99 H 100 3s corp stock Feb 1 1979— 6 0.40 to 2.65 % 2 Ms 1939-1953 —J&D 6 0.40 to 2.00 2 Ms Serial 1940-1946.F&A 6 0.40 to 1.60 2Ms assessm't 1940-44.J&D Parkway Authority— 6 1.00 to 2.80 % 3M% Rev 1940-'53.A&0 107 108 M 3 M % s f Rev 1968- A&O Niagara Falls— 6 0.75 to 2.10 5Ms 1941-1948 -M&N 6 2.20 to 2.30 4.15s Sewer 1965-70-M&N 6 0.40 to 2.10 4.l0%Sewer 1940-1950. J&J 6 0.75 to 2.00 4 Ms Wat May 1 '41-48M&N 6 0.25 to 1.60 4Ms Sew \39-*46 reg_M&N 6 2.20 to 2.30 3.95 Nov 1 1961-1970-M&N 6 1.00 to 1.60 3 Ms 1942-1945 M&N 6 0.25 to 1.75 2s Mar 1 1940-1949 Niagara Falls S D 6 0.25 to 2.20 4Ms 1939-1960 F&A No Hempstead S D No 7-— 6 0.50 to 1.50 4Mb 1939-1942——J&D 6 1.00 to 2.40 2.40s 1941-1967 M&N North Tarrytown— 6 0.50 to 2.80 4Mb Water 1939-64—A&O 6 2.10 to 3.00 4Mb 1947-1972— J&J 6 0.50 to 1.50 Oneida 4s Water '40-'45--J&J 6 0.40 to 1.70 Onondaga Co, 4 Ms *39-47A&O 6 0.40 to 2.10 3.70s 1939-1951 A&O 6 0.40 to 2.25 Ref 1.90s 1940-1957—F&A 6 0.40 to 2.20 2.10s Feb 1 1940-1968 to 2.30 6 0.25 1.70s 1939-1968 -J&D 6 0.25 to 2.00 Ontario Co 4s *39-*51—M&!N — — - Ossining4Ms 1939-1942.M&S 4Ms Water 1939-1969.A&0 Oswego 5 Ms 1939-1946-M&N Holland Tunnel— 4 Ms ser E *40-'41 6 0.50 to 1.50 6 0.50 to 6 0.40 to 1.70 3.00 to 2.40 to 3.00 to 2.10 to 2.30 M&S to 2.40 to 2.15 to 2.80 6 0.35 to 3.10 109 106 105M 104 101 108 to 1.00 % 111 to 0.60 111M 110M 4 Ms ser E *42-*60—-M&S to 2.50 Putnam Co 4Mb *39-'51-A&0 6 0.50 to 2.50 4s 1940-1954 F&A 6 0.50 Rensselaer County— 4Mb Highway 1939-58-F&A 5s '40-'62 F&A 4Ms Pub Imp *39-*58_F&A 4Mb 1940-1959 M&S 4s Imp Sch &c '40-*47-J&J 2Mb 1940-1957 M&S 1Mb 1939-1940 -A&O 1.70s 1940-1948 F&A Rockland Co— 6 0.50 6 0.30 to 2.60 6 0.30 to 2.10 6 0.30 6 0.40 to 2.10 6 0.25 to 2.10 % 6 0.25 to 0.60 6 0.40 to 1.60 % M&S 6 0.40 to 1.50 % to 2.40 % % % Rochester Mount Vernon— 4 Ms to 2.10 6 2.20 — Middleport 4.35s *39-*42.J&D 2 10 to 2.75 6 0.50 - to 1.35 2.05 6 0.50 Oyster Bay Water Dist— 6 0.40 4s 1939-1950 -J&J Pelham (T) Un Fr Sch Dist 2.00 to 3.00 No 1 4.60s 1944-1966 0.40 to 3.00 Poughkeepsie 4Mb '39-52 J&D to 2.30 4s School 1939 *59-M&S 6 0.40 to 2.20 Port Jervis 4Ms 1940-'69-J&J 6 0.70 1?10 Port of N Y Authority— to 2.10 107M Gen & ref 4s May 1, 1975— 105 Gen &ref3Ms Dec 1,1965104 1.40 Gen & ref 3 Ms May 1,1976 103 Gen & ref 3 Ms Aug 15 1977 I to 1.00 % 100 to 3.70 % Gen & ref 3s Dec 151976.— 96 George Washington Bridge107M 92 4 Ms Ser B *40 to *53 -M&N 95 M Inland Terminal— 6 0.50 to 3.85 % 4Mb ser D *40-*41-M&S 110 4 Ms ser D *42-*60—M&S 6 0.25 6 1.45 6 2.10 6 2.10 M&N M&N 5s4939-1950-— 4Mb 1939-1944 to 1.70 6 2.15 6 2.15 4Mb Canal 1965 to 2.60 to 1.20 New Rochelle— to 2.75 J&J 6 1.00 - Newburgh— 4s Wat Impt 1942-1963.J&J 6 1.25 4 Ms Wat finpt 1939-41.J&J 6 0.50 Net - J&J 0 1.00 1940-1967. ' Ask - 0 1.40 0 1.40 4.40s 1939-1965 J&D 0 0.50 Groton 6s Wat *39-'50-M&N 1 Harrison (T)— 0 1.00 4Mb 1940-1980 F&A 0 0.50 Hempstead (T)4 Ms'39-59A&O 3.90s 1940-1964. 5s Jan & Mar 1 to 0.95 to 2.75 - 72 to 1.20 to 1.65 4.40s 1939-1950 M&N,. Garden City 4Mb 1939-52.J&J\b Greenburgn (T)— L 4s 1939-1951 —J&J,6 4 Ms to 1.90 0 2.70 0 0.40 0 0.50 0 3.00 Bid Bonds _ - to 1.35 0 0.40 2s Mar 1 1940-1956 Buffalo— 2.30s 125 0 0.20 Hempstead 4 Ms 1939-65 M&S % 125 125 to 2.10 -M&N A&O J&D J&J 3.40s Nov 15 *39-*55—M&N 3.10s Oct 15 1939-46.A&O 2.60% Relief 1939-45-J&J 2Mb Oct 15 1939-56—A&O 2.20s Jan 15 1940-1947-J&J Sewer Authority— 4s 1940-1964 -J&J 3 Ms 1940-1964 -J&D 3 Ms ser F 1940-64- -M&N Columbia County— A&O 4Mb 1939-1959 Corning 5Ms 1960 M&S Cortland Co 4Mb *39-'51-J&J Delaware Co 4.20s *39-'52A&0 Dutchess Co— 4s 1940-1946 ——M&S 4s 1947-1954 -M&S East Chester 4 Ms 1940-1958 00 F&A Elmira % 4Ms Water 1939-1945.A&O % Erie County— 4Mb 1939-1959J&D % 4s 1945-1953 M&S % 2.90 March 1. 1940-1947— 1.30 Essex Co 4s 1939-1956 M&S Franklin Co 4Ms 1940—M&S % Freeport— 4.20s 1939-1945 M&N % 4.20s sewer 1946-1960. M&N 3.35 % 125 0 0.25 Greenburgh U S Sch Dist No 9 4MS1939-1966-— West New York— 3s Jan 1 & to 2.15 123 M 123 M 5s 1939-1950 4 Ms 1939-1967 4s June 15 1960 4s 1939-1958 Westfield— 6s to 2.20 b 0.25 4Ms 1939-1951——M&N 6 1.50 1.65 b 0.25 - 5Ms 1944 -J&J 6 1.00 M&S 6 1.00 -J&D 6 1.00 J&D 6 1.00 A&O % to to 1.90 I Terminal— 4 Ha 1939-1973 0.25 0 % to 3.00 2.00 b 0.25 2Ms Dec 8 1940-1987.-J&D Unemployment Relief— 0 0.15 2Mb July 6 1939-1947-J&J General State Improvement— 0 0.15 to 3.80 2 Ms July 6 1939-1962—J&J 0 0.20 to 3.70 1 Ms Sept 10 '39-46-M&S 10 2.90 Emerg Unemploym*t Relief— 00.20 to 3.00 % 2Mb Sept 25 *39-'43—m&S 1.05 2 Ms Sept 25 *44-*45—M&S 1.05 to 2.25 % 1 Ms Sept 10 1944-1946 to 3.15 % Albany County— 0 0.40 4Mb 1960 -M&S 0 0.30 to 3.90 % 3Ms Fund 1939-1941-M&N 0 0.30 3.00 2 Ms refunding 1940-'57-J&J to 3.70 % Albany (City of)— 0 0.40 4M 1940-1969 M&N 0 0.30 4M 1939-1970 J&D 0 0.30 95 4s Munic & Sch '40-63-J&J 0 0.30 98 3M 1939-1971 J&D 0 0.30 92 2Mb 1939-1945-M&N 0 1.55 2.70 2Mb 1945-1953 M&S 0 0.40 2 Ms 1940-1978 to2.80 % M&S 0 0.40 2% 1939-1955--—-M&N to 3.20 Albany Port District— 0 0.40 to 2.00 4s 1939-1972 -.M&N 0 0.30 Auburn 1.60s 1939-1958-F&A to 2.60 % Binghamton— 0 0.30 to 3.00 4Mb Oct 1 1939-1971—var. 1.00 75 2.00 b 2.10 3.50 % South Jersey Port District— Marine £ ^dO & 2.10 Eliminat'n of Grade Crossings _ 5Ha General improvement South Orange— 4s 1939 to 1944 6s 1940-1962 2.00 2.00 0 2.10 - Imp Jan 1967--J&J Higbw Imp Mar *67—M&S 4s Palisades Park 1967-M&S 4s Bldg constr 1939 M&S 4s Bidg constr *40-*49 M&S 4s Apr 15 1940-1955 A&O 3Ms Mar 15 '40-*81—M&S 15 3 Ms Mar 15 *40-*81—M&S 15 38 g Canal Jan 1 1956 J&J 3s g Canal July 1 1958 J&J 3s g Canal Jan 1 1959 J&J 3s Canal 1957-1959 J&J 3s Mar 25 1940-1987 M&S 4s Canal to 3.30 78 — 1939 1951 Ask . „ 4Mb 1939-1957 —F&A 4 Ha Sch & wat *39-'69-J&D 4 ha 1939-1967 J&D North Arlington (Borough) Refunding 4s North Bergen ref4s-4 MS--— Nutley (School District)— ■ 4 Ha 1940-1942 F&A 4Mb 1943-1967 —F&A 6Ms Nov 15 1939 — M&N Ocean OitySs 1944 F&A 4 Ms Impt May 15 1939-'56_ Ocean Co 4Mb l939-'50-J&D Orange— 4 Ha Sewer 1939-1964.A&0 To or or Bid Bonds Net 4s due Jan 1 1966- New Brunswick-— Perth Ask Yield Basis Yield Basis Yield Basis 4Mb 1939-1945 Rockville Centre (V)— 4.15s 1939-1952 J&D 6 0.50 Rome 4.10s 1939-1950—M&N 6 0.50 1.80s 1939-1945 -M&N 6 0.50 to 2.20 % to 1.60 % to 2.40 to 1.60 % Rye & Har'son Un Fr S D No 6 4.40sl939-1953 —F&A 6 0.50 to 2.90 0°.50 Saratoga Co 5s 1940--—F&A to 2*35 % 4Mb 1939-1955—_—M&S 6 0.35~ 4s Sept 1 1945-1954—M&S 6 0.75 to 2.25 % April, 1939] state Quotations for all securities municipal and Yield Basis Bid Saratoga Springs— 4 Ms Park 1940A&O Scarsdale 4 Ms 1939-45—J&D Schenectady— 5s Dec 15 1939-1941 4.30s 1939-1948 Ask Yield Basis Yield Basis To or Bonds To or Bonds Net Bid Ask to 1.75 % —M&N 4Mb 1939-1957 b 1.00 Ili/h Point 4Mb 1940-48.J&J 5 97m 5s Wat Serv 1939-1968 J&D to 3.45 to Aug 1 *42-F&A bfA A&O 1.50 to 4.10 0.40 J&D 0.25 to 1940-1960 A&O 4s Oct 15 1939-1944-A&O 0.25 to 2.25 Lincoln Co— 0.40 to 2 Ms 1939-1955 2.20s 1939-1950 A&O 0.40 to M&S 1939-1950——M&S 0.40 to 2.00 5s Bridge 1940-1951---F&A b 1.25 Mecklenburg Co— 6s Ref Nov 1950 M&N b 2.85 0.35 to Montgomery County— 5s Flood Emerg '39-'42 J&D b 1 .50 Newark 4Mb 1939-1941--A&O 6 1 .00 Portsmouth City S D— 4Mb 1940-1950 J&J 6 1.50 to 3.00 to 2.60 Pitt County— 4.15s 1.80s b 1.25 b 0.50 Solvay 4Ms. 1939-1940...F&A b 1.00 Somere (T) 4Ms'39-'53-M&N b 1.00 Southampton— 5s 1939-1971 M&N b 1.00 Suffolk County— 0.80 % 1.75 % % 1.50 % 2.00 % % 1.80 % to 2.30 to 2.00 % to 1.50 % 3.00 % to to 2.25 0.40 to 0.40 to 2.20 0.50 to 2.00 % % 0.50 to 2.60 % 0.40 Syracuse— 6Ms 1939-1960 M&S 4Ms 1939-1944 M&N 4.20s Dec 15 *39-71 J&D15 4s 1939-1946 F&A 3 Ms 1939-1951 J&J15 3s 1939-1971 J&J15 2.20% 1940-1957 M&S 2s 1940-1956 M&S 1.75 % 2.50 % % to 2.20 % to 2.40 % to 2.20 % to 2.00 % to 1.70 % to 1.70 % to 1.50 % 0.50 0.40 0.25 0.25 0.50 0.50 1.60 2.10% Aug 15 1946-1947... lMs 1939-1948 F&A lMs 1940-1946 M&S Thousand Isl'dse % 2.10 % to 2.00 % 0.30 0.50 to to to 1.90 Tonawanda (City of>— 3 Ms sewage 1940-69—J&J 4 Ms 1940-1942. J&J to 3.25 to 3.35 b 3.10 to b 1.00 to 3.35 b 3.40 to 3.60 6 98M 96M 100M Union Free Sch 4s serial to 3.25 r evenue to 3.90 to ... to 3.30 % 0.30 to 1.60 0.50 0.25 1.85 to 1.90 0.30 to 1.70 to 1.00 b 0.60 to b 0.50 to 0,30 to 2.00 % % % % % % 0.80 to 2.60 % Rev 2.60s 1967-1969-A&0 6100 to 99 Warren Oo 4mb 1940-'50_P&A 6 0.75 to 2.50 % Oct 6 1.00 J&J -J&J 1942 1939-1953 to 3.00 % to 2.60 % 4Mb Bridge Rev 2.00 % to 1.35 % 99 '67.M&S 100 m County— —J&D 0.50 to 3.10 San So\y *39-'S2—J&J Parkway 1962-86.J&D Co Bldg 1940-44—a&o *44. *45. '56 & *69 J&D 4s Co Bldg 1940-59.-M&S 4s June 1 1959-1964—J&D 0.50 to 3.20 1.00 to 2.90 0.50 2.50 to 2.40 3.10 0.50 2.50 to 2.40 J&J 0.50 to 4Mb 1940-1959 (reg)..M&S 6 0.50 — 4mb 4mb 4Mb 4mb 1939-1951 1952-1980 1939-1951 1952-1963 1939-1951 2.75 to 0.50 to 2.20 2.20 to to 3.25 1.00 2.80 2.40 A&O 1.00 to 1940-1961—A&O 1.00 1.00 1.00 to 1.00 1.00 3.25 to 3.30 to 3.70 to 3.20 to 3.30 2.25 to A&O 5s 1939-1961 4mb July 1 1939-'62...A&0 4Mb Marl 1940-'56—a&o 4s 1940-1958 —F&a J&D 3.30s April 1 1940-1956— 3Ms 1943-61 3.10s Oct 1 1939-1964 2Ms gen & ref July 1 '43-*46 NORTH 1.00 to 3.00 3.70 3.70 1939-1968 4s 1939-1968 3 Mb 1940-45 2MB 1946-47-48 2 Ms 1940-1948 to 0.75 to 2.70 0.75 to 0.75 1.65 0.75 to 1 1976— — Buncombe County— l-4s gen ref July 1 1976 to 2.40 2.50 1.80 100M to 3.50 A&O 6 3.50 A&O 6 3.50 A&O 6 3.50 to 4.10 to 4.10 to % 2.00 % 2.75 to 3.25 % 2.75 to2~55 % 2.75 to 2.10 F&A M&N 2.65 1.00 to to to 2.50 2.90 to 2.55 Durham— to 1.90 1.00 to 2.00 1.00 to 1.85 1.00 to 2.10 1.00 to 2.00 0.40 to 2.10 100 J&D to to 2.80 Greensboro— 5s Water 1942 6 2.50 4 Ms 1940-1963 4Ms 1940-1965 6 1.25 to 3.75 6 1.25 6 3.45 3.75 3.20 to 3.50 Greenville 5s W W '58..F&A 6 3.65 3.50 2.25 to 1.00 to 1.75 3.25 3.00 % % % % % % 1.25 to 3.10 1.50 to 1.50 to 2.60 to 1.00 1.50 0.75 0.50 0.50 to 2.00 to 2.50 to 1.50 to 1.25 39 2.00 to 1.75 1.00 to 2.20 45 2.50 to 2.85 2.30 to 2.75 0.75 to 0.50 0.75 1.00 to 0.50 1.00 1.25 1.00 to 2.85 1.00 to 3.25 0.50 to 2.65 0.50 to 1.00 to 2.75 Ms 1949-1956 4s July 15 '40-'45 J&J15 Portland— 5s Harb Dev 1939-50-M&N 4Mb Dock 1943 M&N 4Ms Oct 1939-47 A&O 4Mb 1939-1960——___ M&N 4s Water 1939-1955—M&N 4s Water 1939-1958 J&J 4s Water 1940-1959-—F&A to 2.30 to 1.50 to 2.70 2.75 % 1.50 % to3.00 % to 2.70 % to 2.70 2.25 to 2.80 1.50 1.50 1.50 PENNSYLVANIA 3.05 % 1.00 1.00 to 1.00 1M % Tax anticipa'n notes— Series "DT" May 31 1939. 100 5s July 1 1951 Series O 130 J&J 4 Ms Dec 1 1951 opt '37—J&D 100M 4Mb 1939, 1944, 1949——J&J b 0.30 4s Highway Apr.l 1940, 1942, 5 0.75 1945, 1947. 1950. 1952 3 Ms Turnpike Revenue— 97 m 1947-1968 F&A Allegheny County— to 2.75 to 2.30 1.50 1.00 J&D 19 6 1.75 to 4Mb 1940-1962 A&O 4Ms July 1939-1958 J&J 4s Bridge 1942 F&A 4s 1940-1958 M&S 2 Ms Dec 1 1939-1965—J&D 2 M Apr 1 1939-1967—A&O 2Mb 1939-1968 J&D to 2.30 2.30 to 2.40 A&O b 1.25 2Ms 1940-1961 to 2.90 Allentown— 6 2.00 6 2.00 to 2.80 to 2.25 4 Ms Sewer 1939-59 Altoona 6 2.00 to to 1.60 to 2.50 F&A 4Mb 1943 4Mb Sewer Oct 1 1939-'47— 6 1.00 Lakewood— 4 Ms Oct 1945 A&O ^ 5100 5 0.90 to 2.50 5 0.30 to 2.20 J&D 5 1.70 6Q to 2.45 to 2.70 ——.F&A — 4Ms Sept 1 '67 opt '41 Easton 2^55 to 2.45 to 3.00 105m 2.40 to 2.00 to 3.25 to 3.50 to l'.75 to 2.70 5 1.50 to 2.40 Fayette County— 4Mb Highway 1952—J&D Harrisburg— to 2.00 1.25 to 2.50 F&A 5 1.10 4mb Jan 1 1940-1946 to 2.60 to 1.75 114m M&S 5 0.85 4 Ms 1939-1960 Erie S D 3 to 2.85 — 2MsWater works— 1940-1966 to 2.10 Lima 5 Ms Sewer 1939-1947-- 6 2.00 5s Sewer Feb 1 1940-'51 f&A 6 2.00 Lucas Oo 4s O H 1944—M&s 1939-1940 J&D2 6 1.50 Mahoning Val San Dist— 4Mb water 1939-1952__a&O 6 1 50 Martin's Fy 5s 1939-'44_m&s 6 1.50 to 5101 Phila-rCamden— to 2.95 , 4Mb 98 m to 3.00 Easton-Philllpsburg 4 Ms, 1961 5s W W 1939-1946 J&J 6 1.00 Fostoria 5s W W 1940-—M&S 6 1.00 Hamilton County— to 2.10 5100 M to 2.65 Cambria Oo 4mb Nov 1 '39-'45 5 101 Del River Jt Oomm Bridge to 2.75 Dayton School Dist— imp 1939-43.-A&O 6 1.00 J&J Elyria 4 Ms 1939-1952—m&s 6 1.00 101 4Mb Water 1940-1960-M&S 5101M to 3.50 Bethlehem School Dist— 4s 1940-45-50 5 1.80 to 2.60 Braddock 4Mb '39-'41—M&N 5 100 to 2.65 2.25 F&A gen 132 to 1.95 5105" _F&A 6 2.00 4Mb Bdge 1939-1951—M&S 6 1.00 4Mb 1939-1940 M&s 6 1.00 4Mb 1941-1961 —M&s 6 1.75 % 3.20 4s May 15 1939-1953 5100 M to 2.25 Jeanette 4Mb 1940-1956.M&S 5 1.70 to 2.85 v Lacakwanna Oo 4s 1944-F&A 2.30 Lancaster Oo 4mb '40-60F&A 0.75 to 2" 45 % Lancaster S D 4s May 1945— 1.60 1.50 Lower Merion Twp 4s 1945— 2.20 2.00 I McK'p't S D 4 Ms <19-43 M&N to 3.00 Par to 2.35 Mercer Oo 5 Ms *39-'47—F&A Norristown S D 4 Ms 1943-J&J Par to 2.30 % 2.10 Philadelphia— 6 0.50 to 1.50 5s Jan 1951 ——J&J 5s June 1 1962 opt '52-J&D 5s June 1 1982 opt *52-J&D 6 1.50 to 2.25 4 Ms to 2.50 Miami Conservancy Dist— 5mb (1 to 5 yr mat'y)„J&D 5 Ms (5 to 10 yr mat'y)_J&D to 2.75 to 3.00 M&S 6 2.25 1.00 1.00 to 3.15 1.50 to 3.30 5s Park & Imp '39-'41_A&0 2.50 3.60 % 1.50 Imp 1945 to 2.50 F&A 101 2.00 1.00 5s WW 1.00 1.00 J&D M&N Multnomah Oo 3 D No. 1— 4Mb July 15 1939 J&J15 4 1.90 1.00 J&D 4Mb 1939-1944 A&O 4Mb 1939-1943 A&O 4mb Road 1939-1941—A&O 4s 1939-1941 A&O Dayton— 5 Ms W W Imp 1944.-J&D „ 2.05 to 2.65 Ref 1-5% 1967 J&J Eugene 5s 1942 M&S Multnomah Co 4Ms Bridge 1939-1944.J&D . to 2.90 to - Cuyahoga County— % 1.25 0.75 4Ms H'way '39-'49 (s-a)-A&0 4s Highway 1939-1942 _A&O 4s Highway 1939-1941—A&O 4s Bridge 1945-1955 5s Road 1939 1.30 A&O 5s 1939 to 1.75 OREGON 2 Ms May 15 1939-1940 3 Ms May 15 1941-1945 % 3.00 to 2.75 to 2.70 4mb 3s 1960-1977 May 1948 4Ms Nov 1 1948 Ohio municipal bonds issued since Jan. 1, 1913, are taxable, all bonds issued prior to that date are tax-exempt. % Astoria East Liverpool 4s 1940 6 3.30 to 2.00 2.40 2.25 37 m 0.75 4mb 1939-1966 J&J 6s Water 1940 to 1945.J&J 0.75 Durham County— 4Mb 1939-1951 J&D 6 0.75 Forsyth Co 4mb '39-'58.J&D 6 0.75 % % 1,00 County 5 Ms July 1946 F&A 5 Ms Wat & Pk '40-'49-F&A 5s 1940-1947 F&A % % % % % % to 3.60 J&J 1955 J&J Highway 4 Ms 1939-'46 A&O Okmulgee 5s Mar 15 1943 1.25 1.75 37 m 2.95 to 2.75 to 2.75 ♦ to 4.40 36m M&N M&N M&N F&A ...F&A J&J F&A 4s Wator Works 1954-.J&J Ref'g 3 Mb 1957-1962.. J&J to 4.00 J&J 6 3.50 36m 1939-1948 4MB 1939-1970 4Mb 1939-1979 3Ms 1940-1959 1941-66 2.75 Tulsa— 5 Ms 1941 M&S 5s Mar 16 1940-1946.M&S10 6 1.50 East Cleveland— 0.75 0.75 0.75 0.75 2Ms _S D 4 Ms 1940-1953 | 3.25 % to 4.20 5s 1943-1952 2.50 Charlotte— 5 Ms to 2.60 to 2.75 Columbus S D— to 1.85 J&J 6101M 5 3.75 1939-1956 M&s 3 Ms Sept 1 1939-1962 2Mb Sept 1 1939 to 1956. 2Ms Sept 1 1939 to 1976— 2s Sept 1 1939-63 M&S 1 Ms Wat. wks. *40-'79 M&s Cincinnati (School Dist)— 3 Ms 1940 opt 1912—A&O to 1.60 2s 1948-1949 Asheville— 3.30 A&O 5 3.50 6s 1940-1957 2.75 2.50 0.75 A&O A&O J&J to 6 1, % % to 2.25 3.25 (See footnote *) 4Mb July 1943 to J&J J&J . l-4s gen ref July Sewage Dis 1939-65-M&N 4 Ms Sewer to 3.75 A&O A&O 4Mb 1940-1962 6 2, 1.00 1940-1947.—M&S 4Mb Water Works 1941 J&J Columbus— CAROLINA 5s July 1961 4mB 1.00 2.25 to 3.10 m&s 5s Water 3.25 4Mb 1940-1953 F&A 4mb 1939-1955 s-a_—F&A 2Mb 1940-1959 F&A 3.00 2.60 to 2.75 Yonkers— 6b Feb 1 1940-1952 3.10 Oklahoma 4Mb Grad Cros'39-'54_A&0 4 Ms Fire Dep '39-'55—A&0 4Mb 1939-1950 M&s 4s Sewage 1939-1958.-M&s 3Ms 1939-1949 A&O 3 Ms 1939-1956— A&O 3 Ms 1944-1953 M&s 3s 1939-1963 A&O 2Mb 1939-1951M&s 2Mb 1939-1951 M&s Cleveland Heights S D— 6s 1939-1959 A&O 6 to 6 to 2.00 6 1, Muskogee— 4Mb Aviation 1940-53-J&J 6 1.00 Oklahoma City— 2.00 Forks— 5 Ms 1940-1970 5s W W 1939-1968 to 6 2.00 15'39-'42J&J to 3.10 6 1 OKLAHOMA Cleveland— to 3.25 F&A 6 1.00 2mb Sept 1 1943-49 6 1, due June 30 1940 to 1946—- 6 0.50 4s to 3.00 White Plains— 1940-1954 to 3.20 100M DAKOTA 5 Ms 1941 M&S 5 Ms Imp Feb '46-'ol—F&A 6 5s July 1 1965J&J to 2.75 2.75 J&D J&D J&D J&D 1939-1976 2.25 6 1, to 3.05 Cincinnati— to 1.80 % to Thousand Islands— 5Mb Jan to 2.75 6102 4Mb Dec 5 1939-1942--J&D 6 1.25 4.40s 1956 0.85 6 0.25 J&J 6 0.25 J&J 6 0.25 1939-1946 Wolcott 4mb Jly 6 2.40 5s Sewer 1953 M&S 6s Water 1944-1959—-A&O 6 2.50 Canton School Dist— 5s 1954 A&O Water town— 5s 1939-1945.. % % to 3.10 % Zanesville S D 5s '39-'43_A&0 6 1.00 4s Water Works 1942.A&0 Allen Co 5 Ms 1939-1950.A&O 6 2.00 Ashland 5mb 1939-1944.A&O 6 1.00 Canton— Warsaw Union Fr S D No lO— 1939-1942 to 3.10 3.60 3.10 to 3.15 to 2.95 4Mb 1939-1947 4Mb 1939-1952 4Ms 1939-1956 % to 2.60 % to 1.75 5Ms highway 1940-'53_F&A 6 0.75 % to 2.60 6 Q.75 6 Q.75 5s Water 1939-1953-.-A&O 6 1.50 % 2.40 % 0.50 3 Ms May 15 *39-'51..M&N Revenue 2.75s 1940-66 A&O 3.90s 6 0.75 1939-1947 Akron 6s 1939-1940-5 Ms 1940 1951 to 2.75 b 0.40 to 2.00 to 2.25 % Market 1939 3.00 113 4Ms Pub Imp '39-45-J&J15 4.20s 1940-1949— F&A 4.15s 1939-1950 M&N 4.10s 1940-1946 A&O 3.90s 1940-1948 ..F&a 2s M&S 4mb 1939-1958 M&N 15 4Mb 1939-1973 J&J 4s refunding 1948-56—J&J 3s refunding 1956-68—J&J 5s Sept Grand Utlca— 3Ms 3 Ms 3Ms 3 Ms to 2.80 b 0.50 5s 6 0.75 - to 4.00 A&O A&O J&D J&J Westchester 2.85 to 3.05 4mb July 1951 & 1955—.J&J 5 3 .40 4 Ms Jan 1957 J&J 5 3.40 Fargo 4s Aug 15 1939-1954— 5 2.00 to 3.25 2.00 2.00 A&O 112 1942-'68— b 1.50 1977. 6s 1939-1940 reg 1.50s / 36 5s Farm L'n 1940-45&'50 J&J 5 2.50 5 Ms 1945 & 1948 ser O—J&J 5 3.30 to 3.20 b 1.00 A&O 6 1, 4Mb 1939-1959 A&O 4Mb 1939-1956 A&O Youngstown— j 6s Bdge 1939-41 A&O 4Mb 1939-1957 A&O Youngstown School Dist— 4 Ms 1944-1947m&s 5s 1939-1944 m&s Zanesville—5s City Hall & 38 b 0.75 OHIO 4Ms 1940-1950 4Mb 1939-1970 4 Ms 1939-1965 4Ms 4mB 5101M b 3.00 4s M&N 1.00 Toledo School Dist— 3.00 Troy— 4mb 3.20 Winston-Salem— Dist— 2.80s 1939-1958 revenue - % to 2.75 % 4Ms 1939-1953 M&S 6 1 6 1 4Ms Nov 1 1939-1953 4s Park July 1 1942 J&J to 3.80 A&O Randolph County— 4Mb 1939-1947— F&A 4Mb 1948-1959 -F&A Rutherford Co 5s '39-52 J&J Salisbury 6s 1939-1941 _-M&N Transylvania County— Road & Bridge 6s 1949-50— Wilmington— 5s Ref & Impt 1955—A&O 4Mb 1939-1962 A&O 4Mb Pub Imp 1940-60-J&J % 5s W W 1939-1944 F&A 6 1. 6s Pub Wharf I960-—M&S 5b Sewer 1949 _M&s 4Ms 1939-1954 M&S15 6 1 2.50 b 1.25 b 3.25 Triborough Bridge— f b 2.75 M&N b 3.10 _ % 1.75 % Toledo— 3.65 M&N 1946-1950. to Summit Oo— 2.75 to 3.50 1944--J&D A&O to 2.50 Springf'd S D 5s 1939—-J&J2 J&J b 3.75 3 Ms 1951-1956. 3s 1955-1970- NORTH to 1.25 2.00 1940-1955 Net Funding 1M% to 2M% 2.00 4Mb Sewer 1939-1953..J&J 5s Water 1939-1950...J&J 5Ms Water 1939-1950--J&J b 4s 3.40 See' Watert own" Ticonderoga S D No 5— 4 Ms July 1939-1958 J&J b 0.50 4s to M&S 6 1 .00 M&S 6 1 .00 4M 1939-1940 Raleigh— 5s Impt June 1 4Ms 1939-1967 4s 0.40 3.40 b 3.00 M&S 4 Mb 1943-1947 5s Fund June 1959 3.00 % .A&O 0.50 4Mb 1939-1950 % to 3 Ms 1939-1951 F&A 2 Ms High & ref 1940-57 M&S 2.20s June 1 1939-1962 J&D Sullivan Co 4 Ms '40-'45.A&0 4MB 1939-1957 Iredell Co 5s Ask Springfield— 4Ms 1940-1949 % 95 93 M to To or Bid Bonds Net Guilford County— 0.50 b 0.35 97 bonds possible for the closing day of the month preceding the date of issue are as near as 5 Basis. J&J J&J 110 112 112 105 105 / Flat price 115 115 « STATE 98 MUNICIPAL BONDS AND possible for the closing day of the month preceding the date of issue Quotations for all securities are as near as Yield Basis 1 Yield Basis ! To Bid Bonds Philadelphia (Concluded)— 4 Ms 1976 opt 1946 4Ms Dec 17 1978 J&J 4s July 1939 J&J 48 July 1942 J&J 4s Jan 1 1946 J&J 4b Feb 16 1955--J&J 4s Nov I 1966 J&J 4s July 26 1972_ J&J 3Ms July 1 1986 opt 1956 Philadelphia School Dist— 4 Ms 1939-1943 —J&J —-M&N 4M8 1941-1959. °r Ask SOUTH l03M! 101M 5s June 1 102 5s 104 1939-1963-----J&D to 3.40 % to 3.50 b 1.00 b 2.75 % % Corson Co 5s fd 1939-'47 M&N Jackson Co— to 3.00 to 1.00 3.50j % to 2.00 % 1939-1955-—-—J&J 0.50 to 2.30 4 Ms --J&J 1940-1956 to 2.00 Par to 2.00 Par to 2.00 % 2.60 to 2.35 % b 0.50 to 2.10 % 6 2.25 to 2.60 % 6 1.75 to 3.00 to 2.50 to 3.20 b 1.80 to 6 1.00 % % % to 2.70 3.10 1.95 to 2.50 to 1.70 % % 1.00 to 1.10 % to 1.10 % 1.50 to 2.00 % 1965——M&S J&D 2.25 2.15 % 2.30 2.20 % 1977— Cranston—• -,;-J&J '40-73-M&S15 4Mb Mar 15 5s 1939-1942 101M 75 A&O Newport— 5 Mb June 1 1939-1953..— 4Mb May 1939-1942..M&N 4s May 15 1948 M&N 3 Mb g High sell 1954.J&D 1.00 to 3.00 0.75 to 3.10 1.00 to 1.25 94 98 60 5 Ms Dec 1 J&D 1940 J&D 0.60 to 2.10 0.60 to 1.25 b 2.30 to 2.20 to 2.75 to 3.00 b 1.90 0.50 1.80 % 1.70 6s April 15 1946-1947 Carter County— b 2.60 5s funding Jan 5 Mb road b 0.85 b 2.10 6 2.60 2.45 6 0.50 to 2.30 6 1.20 to 6 0.50 6 0.50 to 2.25 Refunding 6s Jan 1 General Obligation General Obligation General Obligation Funding 5 Ms Sept to 2.10 6 1.40 to 2.50 2.30 2.00 4Mb 1939-1951 2.10 to 3.25 to 3.25 to 1.50 4Mb 1940-1967— 4Ms 1939-1968 3s July 1 1939-1951 0.50 0.50 to 3.25 2.50 % to 3.25 0.75 to 2.70 80 77 to to 3.75 b 3.90 101 103 105 106 3.30 104 b 3.50 103 III 91 to 1.80 3 to 2.45 % 5 1.95 1.85 % 5 2.25 2.10 5 1.00 0.80 5 0.80 to 2.10 5 0.70 to 2.20 Refunding 1942-1951 J&J 5 2.00 urlington— 4Mb City Hall 1940-55-J&D 5 1.25 Rutland (School Debt)— to 2.35 F&A 5 1.25 to 2.25 4s May 1 1949 „ — M&N 5%-2M % Refund'58.M&N — %" VERMONT 3 Ms 1955-1958——J&J % 3.20 % b 3.30 b 1.00 b 3.00 to 3.00 b 0.50 b 0.50 % to 2.50 2.75 to 2.90 6 2.75 b 3.10 1 1 to 2.75 to 2.75 b 3.25 4s to 2.75 b 0.50 b 0.50 to 2.75 to 2.75 2Ms Highway Oct 1 *45-'54— 6 2.50 to 2.75 5 0.50 Aiken Co 4Mb 1940-1945-F&A 1.50 to 2.76 6 0.50 b 4.75 I Anderson to 2.60 106 to 3.00 2.15 to 3.15 to 3.10 to 3.00 3.80 % to 2.75 % 2.40 % 4.40 % b 3.00 2.75 % b 2.90 b 2.80 2.75 % 2.60 % b 1.00 4Mb Road 1948— Shelby County— to 2.50 to 2.50 I Robertson County— 100 2.10 to 2.75 to 2.75 % County— 5 Ms Fdg 1940-1958. 6 4.00 3.75 % 6 3.85 3.60 % is 1 School 5s 1940-1950—J&J *0.50 4 Ms June 11957 J&D 5 2.65 to 2.75 less 1 to 2.60 less 1 Lynchburg— 3s Jan to 2.35 F&A *0.75 %"" 1.50 0.75 % to 3.00 % 3.00 b 0.50 to 2.50 b 2.50 to 2.80 to % % Beaumont— 3.10 1.00 — 1939. b 1.25 b 1.00 to3"40 to % 3.40 % to 3~40 100 b 1.00 b 3.10 to 3.60 is Brazoria Co— b 3.25 101 to 3.75 1 less less 1 F&A 5 3.35 J&J *1.00 J&D 5 3.15 less 1 1940- * - 5s 98 to 3.50 to 2.85 *100 1.00 4Mb 1940-1972 5 2.85 6% Water May 1952— — 5% Port Terminal May '52. 5 2.75 Petersburg 4Mb 1952 A&O 5 3.20 Portsmouth— 1 5Ms 1951 4Mb 1939-1954 b 0 50 b 0.50 Flat price, 1 5 2.90 Danville— 4Mb July 1 1939-1950.-J&J *0.50 Fairfax Co 4Mb 1945—F&A2 5 2.50 Henrico County— Newport News— 4 Ms 1940-1958 Austin- 5s less Norfolk— 6 1.00 to 3.00 to 3.15 to 4.10 5 3.00 - % 96 to 3.00 to 2.85 *0.75 5 2.00 Arlington Co 5Ms '40-'54 F&A Bristol 5 Ms Sch 1940-53 J&J Charlottesville 5s 1962—M&S 5s Water Impt 1958 J&J % to 3.00 to 3.00 to 2.50 to 4.00 TEXAS to 3.30 *2.50 3s 1939-1973 J15 & D —15 *0.75 Alexandria— , to 3.50 to 2.90 to 2.25 to 1.00 6 1.50 to 2.90 Kerihaw Oo— to 2.00 5 0.50 6 1.00 Tipton County— 4Mb Road July 2 '39-* Washington County— 6% Fdg Jan 1 1954— White County— 5M% Highway 1955. less 5 1.40 4s Pub Impt 1940-1959-J&J *0.50 Smith 1 5 2.15 Commonwealth) 1962 2Ms Refunding 1947-*60—J&J 1M8 Refunding 1939-*46—J&J Albemarle Co 5s 1948 J&J to 2.50 to 1.75 to 2.60 VIRGINIA % 3.20 % to 1.75 1910-1948 % Nashville— 6 0.50 b 0.50 4s 2.50 % 2.90 % b 0.50 %' 0.65 105 b 1.25 b Baaia. to 1.85 5a Refunding 1941—-J&J b 0.80 4s Ref 1939-1945 A&O 5 0.50 4s Ref 1946-1965 A&O 5 1.85 alt Lake City S D— Madison County— 5s March 1940-1960- Less 1 oh bid side, % to 3.25 to 2.75 ♦ to 0.60 1939. 3.10 % 103 to 3.00 4Mb 1940-1941 M&S 4 Spartanburg— 4M« Water 1940-1965-J&J 6 1.50 6 1.75 5s Sept 1 1939 6 3.25 5s Nov 1 1943 Spartanb'g Co 4Ms'40-,47M&S 6 1.50 Sumter Oo 5s 1940-1952—J&J 6 1.75 York Co 4 Ms 1940-1950-J&J 6 1.75 b 0.80 -J&J b 0.50 -J&J 6 0.50 .F&A b 0.50 STATES—See % 101M 6 1.50 3 Ms Rofundlng 1940-55 3 Ms State Highway— Ctfs of indebt 1940-49-J&D 6 1.50 State ctfs of indebtedness 3s Jan 1 1940-1952 J&J 6 1.00 6 1.50 19 and 96 100 6s 1939-1942 6 1.50 pages % UTAH to 3.00 4 Ms— 4Mb— 5s 1950— to 3.00 1940-1946-F&A 97 3.00 % 104 to 3.10 5s Highway Marion Oo— to 3.40 3.70 6 3.20 to 2.00 95 4% to4M% due 1969 4.90 % 5 4.60 J&J F&A J&J 7aco— 5s Water Works 1942—J&J 6 1.50 4Mb Water 1939-1968-J&J 6 1.00 richita Falls— 2.00 % to 2.40 % 104 6 1.00 6 1.00 6 2.70 3.85 1.25 104 % to 3.35-% to 3.35 % 2.75 % 6 4.00 3.75 to 0.75 103 J&J 6 1.00 4MP 1967—sewer 1939-1948— 2Mb sewer 1949-1958. to 0.75 1958— Montgomery Oo—5s C land River Bdge 19i 3s 6 1.75 F&A 6 0.75 5Ms W W 1939-1965.M&N M&S 101M 2.40 % 1.25 2.50 5s Sept 1939-1959 103 to 3.50 4M« Highw 1940-1945VF&A Greater Greenville Sewe to 2.50 Ele to 3.75 6 1.50 to 0.75 J&D 5s St Impt Dist No 2 1943— % 102 Funding" i952-19"62"-"A&0 4s *40-'&5- J&J 2.60 to 2.65 to 2.25 3.90 % 3.90 100M Refunding 4 Ms Jan 1 1958Refunding 4Mb Jan 1 1958Refunding 5s Jan 1 1958— SOUTH CAROLINA 1939-^6 M&N to 1.00 4.00 % b 2.25 b 0.50 b 0.50 Jmgjwater ref 2.50 1.25 — 5s 1940-1970 an Antonio— 6 0.50 b 2.00 Greenville Go 4M» 0.50 J&J 4Mb Impt 1940-55(s-a).J&J 4Mb 1942-1947 to Knoxville— 1.75 2.25 0.50 4 Ms 1939-1957 95 5 3.00 Ref 1940-1948— J&J 6 1.00 Johnson City 93 5 Ms Impt 1939-1946—J&D Knox County— 4Mb Bridge May 1 "51 M&N b 3.30 2.35 6 1.00 % 4Mb Sept 1939-1952.-M&N To plronn. Woonsocket— 6 2.25 % to 2.40 10 '39-'56-A&010 6 0.50 UNITED YV o t.flf A. \j£L a a % to 3.75 County 2.45 4 2.60 % to 2.65 1944.'49. *54. '59. *64. County— 4Mb Road 1947 opt *39-J&J Davidson County— 4Mb Highway 1947—J&J 5% Go Memorial '39-50J&J Dyer Co ref 3M-4Ms 1965 Fayette County— 4Mb Road 1958 J&J Gibson County— 6 2.60 Co— 6 1.50 4M« Highway 1940-43.F&A Charleston—4M« Jan '42-J&J 104 3 Ms Wat Worica *39-78A&O 6 1.50 95 Cheraw 5ik'52 opt '32-July 1 ClarenduMJo— 6b MhytS '39-'40l\M&N15 6 2.00 OolumhMs Ref/lMl—M&S 6 2.50 to ouston— Cocke 2.25 6 3.00 % 1.50 90 1 1959—J&J / 84 f 85 6 2.50 6 2.50 Grl 1940-1954—M&S 6 0.75 % 2.30 to 2.45 6 1.00 1.25 A&O 6 0.75 4Mb Apr i b 1.00 b 1.00 6 0.50 6 2.00 4Msctfs indebt 1939- 53-J&D to 3.25 % 1 arris Co— 4Mb 1940-1967 4Mb Dec 1 1939 4Mb bridge 1944-1945 6s July 1 1943 4MB 1939-1959 J&D 4s Jan 1 1945 -----J&J 4s Oct 1 1954 A&O 4s May 2 1957 M&N2 4s Water 1962 —J&D 4s Oct 1 1964 A&O 4s 1939-1950 J&D 3s 1944-1951 J&D 2Mb 1940-1957 F&A 2s May 1 1939-1958— WPA School Loan— 3s 1946-1965 J&J 4s Institu'l 1939-1959 to 3.25 F&A F&A J&J to 5Ms Road 1939-54.A&0 10 6 1.25 1 4s 1940-1955 3.15 6 1.00 6 1.00 to 3.20 1.00 1.80 2.30 6 3.40 to 3.50 to 2.90 D 4s *40-'64-_F&A 6 0.75 1.90 5 2.40 2.65 J&J J&D M&N 6 1.00 6 2.60 3 .25 % rimes County— 4Mb 6 2.25 6 1.50 % 3.10 to 3 Ms Nov 11939-1967-M&N 6 0.75 alveston— 5s Grade Raising 1944.A&0 M b 2.75 4M% Refunding 1957.A&O 5% Bridge 1944— Providence— % 3.40 to 3.25 4Mb 1940-1971 4Mb 1940-1964 4s Refunding 1941 — J&D b 2.50 Hamilton 3.05 2.75 0.75 0.75 J&D b 2.10 1947-1948 Sept 1 1944 Sept 1 1945 1948 3.90s Sept 1 1955-1958 to 3.20 A&O b' 2.10 Sept 1 1946 2.20 4Mb 1939-1967J&D 4Mb Funding 1944-—M&N 4Mb 19394967 J&D 4Ms June 1939-1967.—J&D 5s Funded 1939-1959..A&O 4s Funding 1947 A&O 5s 1951 5s 1939-1959 5s School 2Mb 3 Ms 3Ms 3Ms 3.00 J&D 1950—.A&O 2.00 % 2.20 5 2.20 6 3.25 6 3.30 M&N W purch ort Worth— --- TENNESSEE 3s b 2.35 4M4 funding 1941 6s Fund 1939-1961 W Ind Sch less 6 3.00 5s Impt Aug 1 1948---F&A 4Ms 1939-1960 A&O 6 1 00 95 b 1.50 to 2.70 to 2.40 I 65 90 to 2 80 6 0 50 5s b 2.00 Pawtucket— 4Mb 1950 4 Ms Sewer 1952 '4Mb School 1954 102 M 80 Chattanooga— A&O b 4.10 4Mb School 1956 4Mb Memorial Aud '52M&N b 4.10 5s Hospital 1954 M&S b 4.20 ISLAND 4b 1940-1966. to 2.65 to 2.25 5s 1939-1956 0.50 4s June 1 to 2.90 b 2.30 6 0.50 % % 1% Relief 1942-1943 M&S 1M% June 1 1939-1943.-J&D 3% Public Wks 1951-56-M&S 4s Charit Inst 4Mb fund 1939-'47-M&N15 Perkins Co refunding 3-4s Stanley Co refunding 4Mb b 2.30 to 2.75 6 2.25 less 1 to 3.10 to 2.60 to 2.75 less 1 b 2.80 M&N 6 0.75 M&N 6 0.75 2Mb 1939-1957 J&J 2Mb voted 1939-1958.-F&A 1.00 % % 4MB 1940 — - —J&J b 1.95 4Mb Impt 1940-1945---J&J b 1.00 York 4Mb 1940-1943 F&A RHODE . % Par 6 Par Scranton 4Mb '39-*41— 5s 1939-1950 .-F&A b Par Scranton School District—• 3% opt rev 1939-48--M&N Wilkes-Barre— 1.00 % b 2.15 — 1939 1970 4 M 1939-1915M&N 6 0.75 4b School 1939-1951—.J&J 6 1.80 less M 6 2.50 1939-1960 4 M» % Sioux Falls S D— _ 4MB 1940 % 102 M 98 M School District— 2Mb Jan 16 to 2.65 — to 1.50 J&D b 1.50 J&J15 b 1.50 5Ms Jan 15 1943 J&J15 4Ms Rural Credit 194?..J&J 4Ms Rural Credit— Due May 1 1943-'50—M&N Ref 4s Aug 1 '43-'49 ..F&A :iMs IW43 to 1946.—- F&A 3s Feb 1 1947— F&A 106M; 106 N»t Ask Dallas— 6s 1939 To or Bid Bonds r 5s Rural Credit '39-'40—A&0 b 1.00 6s Sept 1941 M&S b 1.50 100 Operating Revenue— b 1Ms Apr & Oct 1939-1941 Pittsburgh— 4MB 1939-1950 ---J&D 2Ma Sch Dist 1939-62. A&O 2 Ms July 1 1939-1956--J&J 2Mb Feb 1 1940-1958.F&A Public Works Relief— b 4M% 1953 J&D Yield Basis To Net DAKOTA fki 104M Ask 104 M 106 Bid Bonds \ 103 M b 1.00 4 Ms Apr 15 1939-58.A&Ol5 4a 1939-1942 -J&J 6-1.00 4s 1939-1956 —-J&D b 1.00 Reading 5s Impt 1943-49-J&J Schuylkill County— or ■Net Water 1948 - Richmond— 4Mb 1958 J&J 4Mb July 1 1964 J&J 4 Ms July 11941 J&J 4 Ms July 1 1965 J&J 2Mb 1939-1953 J&J Roanoke— 2Mb Water 1939-1968.A&O 2Mb Jan 1 1940-1958—J&J 4Mb 1939-1956 Staunton 5s 1939-1958--M&S Tazewell Co 5a 1940-46—J&J 5 2.15 to 3.40 less 1 less 1 to 3.25 less 1 less 1 5 2.30 less 1 * 100 5 2.25 less 2 less 1 *0.50 to 1.75 *0.50 to 2.40 5 0.75 to 2.40 *0.75 *0.75 *0.75 to 2.65 J&J *0.75 to 2.75 to 3.10 to 2.50 Washington County— 5s school 1940-1949 2 % 102 t Optional to Jan. 1, 1938. at 105; 1943 at 104-1948 at 103; 1953 at 102, and 1958 at 100. April, 1939] state Quotations for all securities are and municipal Yield Basis Bid Ask 6s Gen Fund 1939 1940—J&J 0.50 to 1.00 0.50 to 1.00 2.30 to 2.60 2.30 to 2.30 to 2.60 Revenue 4s 1968--J&D Olark Co 5 Ms *52 opt '33 A&O Refunding 6s 1953 M&N 2.60 99 M 3.40 3.50 to 3" 25 Everett— 414s Gen oblig wat.1939-59 Revenue Bonds— 5s Water 1939-45 King County— 4Mb Bridge 1939-49.M&N 4MB 1939-1950 M&N Pie ce County— „4Ms 1939 1944 Port of Seattle 5s *39-'55 M&S „ 4Mb Jan 1940-1955 J&J Seattle— 1.00 1.00 to 2.75 1.75 to 1.00 to 1.00 to 3.00 % 0.50 ref 354s Water ref--.1939-39 2Mb Water ref- —1940-42 to 3.40 to 2.50 0.50 1.00 to 3.20 % % % % 3.00 % 2.30 % to 3.15 to 2.00 to 2.90 b to 3.00 1.00 b 0,50 to 2.00 b 0.75 to 2.00 Ask to — 1939-1952- J&J b 0.50 2.60 2.80 to 2.80 to 3.10 % o 1?25 2.10 %"" 2".60 to 2.65 b 2.60 Net to 2.50 b 1.50 2.25 5s Wat Wks 1939-1952.J&J 5 0.25 2.60 % WISCONSIN % 1.50 to 4.40 to 3.25 2.50 0.75 to 2.00 to 3.15 4MB 1939-1957 A&O Munic Lt & Power Rev— 0.75 to 4MB 1949-1968—A&O 4.25 to 4.50 4s 1939-1953 M&N 1.75 3 Ms 1943-1953 A&O 3.00 3 Ms 1939-1954 A&O 1.90 Seattle School Dist No 1— 4s 1946-1950 M&N b 2.70 to Eau Claire 4 Ms 1939-1944-J&J 5 0.50 Green Bay— to 3.10 1.50 3.15 4.30 to 4.15 to 4.15 1939-1943 J&J to 2.00 2s Road 1939-1963. 1 Ms Road 1950-1951 J&D to 2.20 /u I .20 1.10 to 2.15 0.50 to 1.50 to 1.40 0.50 to 2.00 0.50 to 1.60 % 0.40 to 1.70 % 1.80 to 2.10 0.50 to 2.10 1.50 to 2.10 to 98 6s 1939-1944 1939-1941 F&A Racine Co 5s 1940 J&J 4Mb 1939-1950 J&J Superior 4 Ms Sch *39-'44-J&J 1° 0.50 to 1.90 1.00 1.00 to 2.50 1.25 to 2.50 1.00 to 3.0C 1.00 to 3.50 to 3.25 % 0.35 1.85 to 3.25 to 2.00 to 0.75 J&J 4s to 2.05 to 1.10 J&J b 0.35 J&J b 2.10 A&O Milwaukee County— 4 Ms Ct H'se *39-'50 M&N 15 4Mb Sew Mar 12 1939-19454Mscourth'se *39-49 J&D16 Racine—4Mb 1939-'57--M&N to 1.80 b 0.35 3M* 1951 and 1952 J&J 3 Ms 1943-1952 J&J 3s Sept 1, 1939-1946 M&S 2 Ms Sept 1. 1946-1960—M&S 2 Ms Nov 1 1939-1962—M&N 2Ms May 1 1944-1962 to 1.75 4^s 1939-1947 6s W W 1939-1960—M&N Madison— 4Mb 1939-1949 J&D 5 0.50 Milwaukee—5s 1939-'40.-J&J 5 0.50 4Mb 1939-1945 J&J 0.50 % VIRGINIA 5s Highway 1939-1946—J&J b 0.50 4 Ms 1945-1954 —J&J b 1.75 4s 1940-1950 4s July 1948-1952— to 1.60 5 0.50 5 1.00 2.00 ' to 4.40 M % % to 1.95 % J&D 1.40% July 1, 1939 J&J 0.25 Charleston 4 Ms *41 opt '27J&J 100 M 2MB 1940-1958 J&D b 0.75 to 2.35 % 2Ms 1958-1972 -J&D b 2.25 to 95 WYOMING 4s Road 1951 opt 1941 Natrona Co S D No 2— 5s 1939-1944 - A&O 5 1.25 1.00 J&J 5 1.00 to 2.25 to'3 .00 % Flat price. Quotations are as near as possible for the closing day of the month preceding the date of issue. Surplus Capital Unearned Dec. 31, Par Premium 1938 Reserve Ask. 10 (Hartford) Aetna Insur (Hartf)-_ Aetna Life (Hartford) Agricultural (Watet'n) Allemannia Fire (Pgh) Amer Alliance (N Y). Amer Cas (Read'g.Pa) Amer Equitable (N Y) 3,000,000 15,420,899 7,500,000 15,600,499 10 15,000,000 20,386,975 25 3,000,000 5,150,548 10 1,200,000 2,385,004 10 10 5 5 Amer Fire (Wash'ton) 100 Amer Home Fire(N Y) 10 Amer Insur (Newark) 2M Amer Reinsur (N Y). Amer Reserve (N Y)Amer States (Ind'nap) Amer Surety (N Y) Automobile Ins Hartf) 10 10 10 25 10 Baltimore Amer (Bit) 2M Bankers & Shlpp (NY) 25 Boston (Boston) 100 Buffalo Ins Co (Buff) 100 Camden Fire (Camden) 5 3,000,000 3,466,435 500,000 550,000 1,000,000 3,396,613 200,000 375,943 1,000,000 1,272,601 3,343,740 10,857,420 2,000,000 4,547,339 1,000,000 1,317,678 300,000 353,581 7,500,000 5,200,522 5,()J0,000 7,875,522 1,500,000 1.973.048 1.000,000 2,159,517 3,000,000 10,934,125 1,000,000 2,332,123 2,000,000 4,112,115 10 Central States Life (St Louis) 5 City of NewYork(N Y) 10 Colonial Life (Jersey City) 100 Nat'l 500,000 (Boston) 100 10 (Wilmington, Del). Oontinental Assurance 1,492,496 1,923,319 10 10 1,425,908 22 M 23 M 4,681,385 75,899 881,417 23 24M 120 12,083,301 12 Fir em ens Ins (Newark) Franklin Fire (Phila). General ReinsuranceGibraltar Fire & Mar Glens Falls Insurance (Glens Falls, N Y). 5 Globe & Republic Globe & Rutgers Fire. 5 2d preferred Amer Indemnity (New York) Hartford Fire (Hartf) Hartford Steam Boiler (Hartford) 5,218,589 4.120.384 400,000 830,272 1,125,062 1,000,000 1,207,177 1,605,556 1,393,574 3M 28 30 Merchants 5,866,118 9,101,043 2,398,081 3,246,998 46 M 48 M (Providence) National Cas (Detroit) National Fire (Hartf). Nat'l Liberty (NY).. Nat'l Union (Wash)_Nat Union Fire (Pitts) 4,589,103 2,411,373 5,246,165 31M 5M 6M 94 90M 600 610 405 375 19M 21M 33 M 10 of New York New 690,326 U8,279,790 2,000,000 3,000,000 7,027,579 £205394054 637,530 1,000,000 1.381.316 £20.156,811 28 M 2,507,100 £25,045,367 36M 155 15 6,204,962 62,314,404 367,853 9,112,384 19,726,149 755",083 381,277 2,372,349 971,660 Amsterdam 5 10 10 2 5 20 Brunswick 929,761 14,795,011 6,452,915 96,715 1 7,096,478 10 1,000,000 4,932,000 Homestead Fire (Bait) Insur Co of Nor Amer 10 1,000,000 7,517,340 5 15,000,000 50,466,464 3,161,557 117,073 653,589 (Philadelphia) 10 12,000,000 51,365,411 Jefferson Stand Life__ 100 2,000,000 2,500,000 1,000,000 31 31M 1M 7M 37 38 ii* «!" 8M 39 121 8M 26 M 38 27M 39M 916,633 21 23 22 M 24M 8,357,631 43,558,406 2,264,228 3,000,000 10 1,191,986 1,060,541 21,176,385 £67,517,733 1,943,^45 16 122 1,000,000 1,929,254 1,526,968 127M 30M 8,322,928 2,433,796 2,0 0,000 13,802,274 1,000,000 5,315,714 4,548,721 2,322,932 5,831,894 4,794,244 44 M 16 M 24 M 23 M 6.119.385 30M 3154 30 32 61 63 h 38M 11M "84"" 10 42 M 1254 22 9M Old Line Life (Milw). Pacific Fire (N Y)„. Pan-Amer Lire (N O). Peerless Casualty Phila Life (Phila) 1,000,000 1,011,481 587,679 25 2,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,493,222 2,481,657 5,355,079 823,786 2,970", 904 3,364",167 10 10 25 10 5 10 Phila Nat Ins (Phila)Phoenix Ins (Hartf).. Preferred 10 10 10 11M 25* 21M 23 26 27 M 71M 73 H 53 M 55 54 28 M 30 38 M 40 1M 16M 18 M 62 64 M 27 30 38 40M 2M 10M 113M 14 M 10M 2 15 73 1,000,000 Washing¬ (Providence) ReinsuranceOorp(NY) _ _ 10 2 Reliance Ins (Phila).. 10 Republic (Dallas) Revere (Paul) Fire Rhode Island (Prov). 10 10 5 2,916,924 1,856,649 17 3,000.000 1,530,000 1,000,000 2,000,000 1,000,000 1,000,000 5.989.911 4,925,656 1,871,071 3.093.912 1,356,309 596,816 4,528,774 31M 1,000,000 1,866,405 1,500,000 1,922,983 4,000,000 23,912,397 1,000,000 814,309 1,000,000 1,000,000 2,000,000 3,839,180 831,574 2,236,556 9,594,343 669,168 855,000 4,012,609 302,479 884,075 2,518,622 1,202,436 1,703,257 7 19 24M 22 M 3M 25 M 24 M 5 American (Rochester). 10 f Rossia Ins (Hartford) St Paul F & M (StP). Seaboard F & M (NY) 5 25 10 Seaboard 23 M 8,582,885 125 26 - ton Rochester 700,000 1,000,000 6,000,000 38,807,872 94 Accident (New York) Providence 400,000 1,006,536 £33,088,084 1,050,988 231,918 213,507 £12,301,598 1,231,495 516,344 10 Surety (NY) Security Ins (N Hav). 10 Springf ield Fire & Mar (Springfield, Mass) 25 Stand Fire (Trenton) 12 M Stuyvesant Fire (N Y) 5 5,000,000 13,740,691 12,033,372 1,000,000 2,057,265 2,122,829 500,000 832,348 19,089 Ass'ncejOas) 100 2,000,000 18,118,208 £64,064,391 Travelers Fire (Hartf) 100 20,000,000 33,356,461 £836 992853 U S Casualty con v pref 2 1,000,000 2,117,312 2,446,031 U S Fidelity & Guar¬ 2 anty (Baltimore)... 2,000,000 9,093,368 14,937,079 U S Tire (New York). 4 2,000,000 18,973,428 9,831,793 _ Sun Life U S Guarantee Co... 10 Univer Ins (Newark). 8 West Coast Life (S F) 5 Westchester FireiNY) 2M Wisconsin Nat Life... 10 2,000,000 400,000 375,000 1,000,000 400,000 5,336,231 2,889,430 1,200,615 457,694 225,000 £22,982,425 9,174,888 5,492,963 549,305 £7,390,380 f Consists of $341,55(1 $4 cum. 1st preferred, $500,520 $5 2d preferred and $75,000 $5 junior preferred stock. legal reserve^or life insurance reserves., V Name changed ..to ^Northeastern ^Insurance Co. x Not an insurance company, 58 M 8 3,000,000 1,000,000 (Minneapolis) NorthwesternNational (Milwaukee) Occidental Ins (S F)__ 82 10 5 26 Northwest Fire & Mar 13,456,785 6,503,077 2,248,841 4,195,948 13,287,978 1,020,427 4,968,102 32,935,971 9M 56 M 7 10 75 12,691", 358 1,000,000 4,201,288 8,150,000 24,838,632 2,000,000 1,694,093 10 4,000,000 5,704,764 10 12,000,000 52,819,019 47 "30"~ 24 10 28 65 M 5 if* 25 Fire (New Brnns. N J)_. Hampshire Fire (Manchester, N H) 70 28 10 58 115 4,000,000 26 M 118, 1917,070 4 2M 1,000,000 York Fire 5 North River Ins (N Y) 2M Northern Ins Co(NY) 12M 6,420,674 15,466,927 3,609,991 8,654,847 3,239,138 2,698,700 1,628,929 36M Cas 22 M 20M 49 1,299,562 2 35 Insurance New 950,969 140,626,515 10 8M 1,000,000 593,194 750,000 1,000,000 5,000,000 21,206,488 4.000,000 8,066,984 200,000 231,858 1,100,000 5,590,574 Merch Fire (Denver). Merchants & Mfrs Fire 900,000 15 *,1^9 Par Value, (2,500,000 3,028,627 8,522,631 37M 23 M 25 375 9M 2M 2,000,000 New 2,190,597 1,681,180 16,885,695 share 340 1,476,491 11,829,959 3M 1,000,000 1,000,000 1,200,000 20 13M 38 M 1,000,000 6,021,440 £99,042,056 1,325,001 2,049,258 110,418 185,191 2,081,964 4,878,874 25M Home (New York).-. Home F & M (S F) Home F;re Security Jersey Ins Co of N Y. "8M 1,000,000 1,000,000 2,544,798 2M 15,836,187 8,479,380 9,042,147 6,000,000 873,549 1.177.049 Ask. Per 10 (Phila) 1 Maryland Casualty.. Mass Bonding & Ins (Boston) 12M Merch Fire Assur fcom 5 (New York) \pref 100 503,712 £16.135,536 1,478,210 2,073,653 12,118,773 7,317,529 48,637,375 1,841,655 9.488.317 Bid. 100,000 1,194,528 2,564,981 918,486 Gr Great Amer Ins (N Y) Halifax (Halifax, NS). Hanover Fire (N Y). Reserve 5 400,000 1,500,000 ; Georgia Home 6M Lincoln Fire (NY) Manufacturers Cas'ty New 1,750,000 5,000,000 815,000 1,500,000 755,095 4,000,000 2,400,000 3,750,000 1,000,000 2,000,000 300,000 7,590,000 9,397,690 3,000,000 1,000,000 500,000 1,000,000 Fire Assoc of Phil a Fireman's (Wash'ton) Firemans Fund (S F)_ ~~9M "lOM 100 City, Mo) Knickerbocker (N Y) 5 sas 23 M Continental Casualty (Hammond, Ind)__ Continental Ins (N Y) Eagle Fire (Newark)Employers Re-ins( KO) Excess Ins (N Y) Federal Ins (Jer City) Fidelity & Dep (Bait) Fidelity-Phenlx (NY) Fidel & Guar (Bait)— 103M 107 M 42 M 44 M 30 28M 73 75M 722,209 Life Conn Gen Life (Hartf) Continental Amer Life Premium 1938 $ (Baltimore) 950,596 Capital Kansas City Life (Kan¬ 16,777,037 20,016,996 5,357,42o 5,561,485 (Wilmington N.O.) Par share Aetna Casualty & Sur Unearned Surplus 31, Dec. Bid. Per called b 0.50 5MsGOsewer 1939--M&N 5s Wat rev 1939-1951—J&D b 1.25 % to 3.00 oIrt to 2.80 5s Bid Clarksburg 5s 1939-1953. A&O b 0.50 Clarksbg S D 5s '41 ep '21M&S Hancock County—5s Grant Road Dist '46 opt '32.M&N 100 M Huntington 5s 1944 Oct 52.25 Mercer Co 5s '44 op '24 A&015 100M Morgan town 5s 1939-1948.J& J 5 0.50 Wheeling— b 2.00 4Ms 1.00 1.00 aio to 2.80 Yakima— % 3.00 Columbian to 2.70 b 1.50 WEST L & P...A&O 5 Ms L & P 1939-1943-M&N Carolina Charleston S D 2.90 b 0.50 b 2.00 To or Bonds Net 3.00 % 5s Light & Pow 1942-56A&0 4M Lt & Pr 1939-'58—M&N 6 Basis. Spokane— 4Ms Park 1962 J&J 4s & 4 Ms ref 1939-51-- J&J 3Ms Ref 1943-1954 —-J&J 4Ms 1940 1954 M&S 5Ms 1940-1953 J&J 5s Imp Mar 1 1940-1942 Spokane Water Revenue— 4Ms-4M8 1939-1941— A&O Tacoma—Re ven ues— 4 Ms Water '39-'43 (s-a)J&J 4Ms EIL&P '42-'46(s-a)J&J 4 MsE IL& P'39-51 (s-a A&O 4s Water 1944-1946 J&J Ask . Walla Walla— to 6s 1939-1941 Emergency Funding opt '44 4Mb 1941-1959 M&S Gen oblig 4Ms '39-'40-A&O 4MB 1941-1955 A&O Bid 4Msrefwat 1939-1954--J&J b 1.75 % 1.75 Yield Basis To or Bonds Net WASHINGTON 4M% Gen oblig 1939-1943J&J 4% Gen oblig 1948-50 3M% Gen oblig 1950-51 314% Gen oblig. 1951-52 Toll Bridge Authority— 99 Yield Basis To or Bonds bonds possible for the closing day of the month preceding the date of issue near as as 25 I 29 4M 219 6M 27 M 31 109 M 61 3 380 440 8 19M 50 M 55 12M 5 30M 15 £ Policy reserves, ^ Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) as near as and are denotes sales. profits for the National banks 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 tutions they are the latest obtainable, direct returns the Clearing House banks of New York, deposits are National Banks Dec. 31 State Institutions Capital National Banks Dec. 31 ALABAMA Dec. 31 Cross Surplus & Profits Par Deposits Bid Ask Capital Surplus & Profits Institutions State CALIFORNIA Dec. 31 Cross Bid Par Deposits Nomi nal. $ % Birmingham— 125,000 i Bank for Sa vs .& Trts. d $ Per 1,050,000 150,000 Common Preferred 29,557,073 al ,767,600 _ - 81,700 e 3,000,000 6,400,000 „ - 125,000 (5a° 61,725,418 J25 \25 a50 100 35 33 375,000 1,000,000 1,000,000 156,820 1,406,502 1,668,137 2,512,688 24,423,945 20,601,503 300.000 257,304 793,354 4,451,371 18,140,659 1,000,000 First Nat Bank 100,000 50,000 Common.. j 58 60 10 12 125* 400,000 120,000 200.000 350,000 Selma National Bank Selma Tr & Sav Bank d National Banks 2,755,326 1,543,392 1,800,469 1.512,031 213,850 82,779 212,548 113.238 10 13 14 share. o 5,489,,305 100 re cent 1,348,358 100 sa 123,845 3,831,005 100 711,121 25,716,994 821,897 12,864.587 125 177,555 57,054 8,468,790 3,115,402 100 "po" 100 90 6,215,892 204,848,751 8,348,515 110,202,363 20 ies 100 250,000 1 490,000 600,000 200,000 10 0 3** 2** Preferred United States Nat Bk d San Francisco- 25 50 125 Anglo California National 100 25 Bank Bank of Calif, NA.. Bank of Amer Nat Tr 100 90 100 100 Institutions State ARIZONA Dec. 31 . Security Tr & Sav Bk 2,300,800 /7** 15 88,093 N B Common 25 20 Selma— City National BankPeople's Bk & Tr Co _ d dl ,500,000 100 100 San Diego— Union Bk & Tr Co— Preferred 175,000 Sumitomo Bk of Oal San BernardinoAmerican Nat Bank. d San Diego Tr & S 25 MontgomeryAlabama Nat Bank- 32,987,077 1,756,649 Merchants Nat Bank d First Nat T & S Bk_ Mobile—• Amer Nat Bk & Tr Co First Nat Bank Merchants Nat Bk 1,568,966 171,802 134,758 59,121 Citizens Bk of Sacra 1,194,217 j 1,134,806 961,250 50,000 246,000 145,000 d Capital Nat Bank.. 500,000 11,129,517 Common Preferred Industrial Sav Bank- d First National Bk— Per Sacramento— 50 Tr & Sav Birm'ham Ask Nom inal share. Dec. 31 dl8,000,000 6,800,000 *9** Tl 7~0~ 80 33** 36 50,000,000 64,058,600 1437027491 12 ** 25 18,854,965 Bank of America 1,500,000 /2,217,422 100 2,715,551 104,389 Bank of Canton 500,000 k 100 "212" 216" 4,461,626 253,227 Bank of Montreal 1,000.000 174 171 100 Canadian Bk of Com 457,954 18,115,491 1,300,000 Crocker First Nat Bk 6,000.000 8,135,418 138.869,246 100 *300 The San Fran Bank6,000,000 8,877,874 161,862,873 1000 11,000 11706 100 100 Pacific Nat Bank 8,647,781 400,674 1,000,000 Wells Fargo Bank & Union Trust Co 9,000,000 8,667.190 246,986,651 100 *295 Yokohama Specie Bk 5,742,826 P 371,261 1,200,000 & Savs Assoc mm Nomi nal. Per Bisbee— M ners & Merch BkPboenix— First Nat Bk of Ariz. 550,000 247.500 Phoenix Sav Bk & Tr 4,086,934 190,590 250,000 870.324 168,710 share. San Jose— First National Bank. Santa Ana— 16.913,884 t 20 4,410,731 t 25 N 600,000 1,215,200 Preferred Jl,341,910 re 39,430,664 15 16** 446,719 o cent 100 sa les 250,000 National Banks 9,466,118 564,700 1 435,300 J Per N re sa les d W B Worthen Co 515,980 129,594 41,367 9,592,935 3,765,166 1,293,782 20 50 52 25 30 352,901 10,907,501 J 20 35 37 16,594,206 120 50 National Banks cent sa les 100 358,819 50,000 50.00C 400,000 J 100 331,610 398,025 613,231 89,611 8,627,309 5,520,622 share. 2,408,786 (100 1100 7,018,362 100 9,906,100 100 500,000 350,000 First National BaDk. 350 $ 137,423 100,000 \ 79,000 300,000 300,000 Exchange Nat Bank- 340 Per 8 506000 Spgs.- CjioradoWav BankColorado Spgs Nat B Common 1100 12,177,702 Institutions Dec. 31 Norn vial 2,360,967 J100 97,736 886,272 4 State COLORADO Preferredc lass A— Pi eferred---.. o re 100 25 Pine Bluff- Simmons Nat Bank. N 100 33 Nat Bk of Commerce Common-. 4,678,045 10,855,018 2,500,000 ■ • • Colorado Preferred 125 (100 cent Union Nat Bank— Common 1,682,337 12** 10,506,727 0 100 25 2,976,521 7,004,033 9,390,297 300,000 1 185,500 669,000 Peoples Nat'l Bank Twin City Bank 493* 275 260 CANADA share 100 91,427 560,046 582,365 300,000 200,000 100,000 Commercial Nat'l Bk »mm 32** 1100 527,606 627,963 139.000 200,000 1,000,000 375,000 Nom inal. First National Bank- 168,253 ^20 100 30** 47** Stockton— 299,000 500,000 500,000 Merchants Nat Bank Little Bock— 11,257,544 126,643 dl45,000 Common First National BankStockton S & L Bank Union Safe Dep Bk__ Fort Smith— City National Bank- 867,478 277.306.154 State Institutions Dec. 31 ARKANSAS Dec. 31 J 6,993,475 600,000 Commercial Nat Bk_ First National* Bk— Preferred Tucson— Sou Arizona Bk & Tr 7,500,000 7,500,000 Preferred 100 Valley Nat Bank— Common American Tr CoCommon 1,721,456 93,725 20 Denver— American Nat Bk Central Sav Bk & Tr d 50 100 Colorado Nat Bank 1,000,000 11,654,468 Common National Banks Dec. 31 CALIFORNIA Preferred State Institutions Dec. 31 Colorado State Bank Denver Nat Bank... Nomi nal Long Beach- s $ c kd 707,286 223,430 1,000,000 225,000 $ 16,727,846 3,130,622 Per N 100 50 share . o re cent sa igei les California BankCommon 5.000,000 900,000 - - J3,369,894 105,300,917 125 140 22 22** 4,305,000 111,806,441 5,235,549 121,513,266 20 100 390 24,000,000 9,000,000 2,500,000 566,456,477 '25 45 45** 2,728,518 37,964,132 50 96 loo" 328,850 2,000,000 300,000 •64,253 1,988,042 2,565,843 47,010,898 11,023,516 50 100 300,000 662,886 6,058,923 100 400,000 1 600,000 150,000 300,000 740,523 14,225,588 49,223 276,934 2.086,763 3,832,817 t U 8 National Bank.. International Tr Oo. Pueblo— First National Bank. Mlnnequa Bank__ 125,534 1,762,911 3,576,860 37,301 25,043 823,144 26,159,945 2,209,511 17,701,390 19,845,096 2,043,723 cent les 100 5,038,136 o sa 100 1,139,524 136,079 N re '100 2,297,796 500,000 30.000 .. 38,026.814 (100 1100 1,755,339 100 50 32,931,204 58,023,803 100 1,225,863 (100 100 100 Pueblo Sav & Tr Co 5,000,000 3,000,000 . First National BankNational City BankUnion National Bk 600,000 60.000 1,260,000 1,500,000 d 100.000 d 100.000 550,000 500.000 21** 22 393 Common 100,000 200.000 Preferred J 81,017 1100 Secur-First Nat BkCommon . . J30285032 Oakland— - . 261,577 25 c Savings deposits. d Common and 3 Preferred cd j 25 \25 20 100 preferred stock outstanding. / June 30. 1937. e May 19. 1938. g Quotations for the San Diego First National First Tr & Sav BkCommon Francisco, Calif. Outstanding preferred stock consists of SI,067,600 1st pref. of $20 par and $700,000 of 2nd pref. stock. value and retirable at $50 a share, Pasadena— Sale price. t Controlled by tue Transamerica Corp. of San a Bank of Commerce.. i Citizens Ooml Tr & * Z31** of the stock of the First National Trust & Savings i Dec. 31, 1937. I Last sale price. I p Far value 100 28. 1938. New stock, k Sept n yen. Co., which controls 97% Bank of San Diego, Calif. April, 1939] TBUST AND BAMS National Banks Surplus & Profits Ask Bid Par BridgeportFirst Nat Bk A Tr Co 500,000 1.470,000 Black Rock Bk A Tr. a 100.000 Brldgep't City Tr Co 2,200.000 l 268,441 7 23.102,346 17H 40 1,582,276 25,679,363 40 50 25 32 33 X 25 136,848 1,426,450 80 90 30 25.000 125,000 25.000 1st preferred. 2nd preferred West Side Bank— 1,765,232 / 25 1100 165,000 99.500 233.026 300.00U 150.000 1.150,000 100.000 4.000.000 100,000 1.600.000 100.000 4.000.000 208,804 1,261,193 991,273 164,107 4,354.613 232,047 2,031,536 179,930 4,251,138 195,455 172,128 123,952 39.694,637 1,863,090 45,240,906 3,141,328 3.294,859 1,923,666 56,133 1,000,393 .... Hartford— Capitol Nat Bk & Tr Conn River Bkg Co. Flrst National Bank. Glastonbury Bk & Tr Hartford Nat Bk A T Industrial Bank Pnoenix St Bk A Tr. East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co Riverside Trust Co. 100.000 250.000 _ Slmsbury Bk A Tr Co SoEndBkATr CoCommon..... Preferred 125,000 50.000 50,000 500.000 200.000 ... Travelers Bk & Tr Co West Hartford Tr Co Windsor Trust Co Merlden— Borne National Bank feriden Nat Bank.. Merlden Tr & S D Co 820,550 257,500 119,631 100.000 25 22 30 100 50 10 3,298,261 7,605,125 15.598,967 1,690,896 65,411,749 272,788 500 27 115 mm mm 55 25 Miami— Amer Bk A Tr Co... 280 25 11 26 / 25 20 woo i Pnritan Bk & Tr Oo. a 150.000 72,291 107,946 52,807 227.500 162,621 2,681,390 25 100 130 100 100 116"" 100 125 135 20 35 40 25 217,588 4,998,505 1 231,725 5,352,191 100 1 20 926,688 8,811,526 100 456,138 148,517 5,920,141 3,272,162 100 185 200 100 105 115 50.000 200,000 38,516 52,290 1,118,222 1,933,351 100 100 200,000 291,264 7,764,405 25 100,000 Exchange Nat Bank. 1,250.000 First National Bank. al ,300.000 First Sav ATr ri0.._ 500,000 36,945 517,166 911,694 156,245 851,729 14,522,853 16,174,619 1,745,641 100 80 100 100 100 105 125 125 150 100 60 75 100,000 57,446 1,320,015 100 ...... 200.000 255,8011 6,554.7821 10 ) Oit A People's Nat Bk St. Augustine- West Palm Beach FlaTBank A Trust Co. :::::: 166"" .. a lantic Nat Bank 18 <1 National Banks Dec. 31 175 10 25 100 90 100 First Nat Bk A Tr Co Prior preferred Oonv preferred New Haven Bk NBA Sacond Nat Bank... Trademen'e Nat Bk Preferred Cn4N Haven Tr Co 10,175,055 50 50 12,435,160 50 70 75 33 50 45 120" 100 750.000 170.000 180.000 1.458.700 27,942,687 943,393 921,878 36 645 125 53 ( 800.000 Common Mew LondonNat Bk of Commerce New London City National Bank... Union Bk & Tr Co.. WlnthroD Trust Co.. Norwich- 1,053,836 756.000 441,000 920,000 Common ...... Institutions State GEORGIA Dec. 31 3,154,702 1100 U00 100 15,953,685 102 97 4,932,613 100 N o 106,656 215,736 49,928 2,589,713 1,878,411 964,436 50 re cent 100 100 sa les 650.00C 200.000 407,779 157.447 2,986,317 1,692,594 25 19 100 110 120 1.000.000 200.000 700.000 Thames Bk & Tr Unnas-Merch Nat Bk Stamford— First-Stamford Nat') Bank & Trust Co. 503,800 345,904 300.000 270.000 a Common 1,303,485 650,190 12,051,499 5,174,724 9,575,787 100 145 155 i45 155" 600.000 994.900 746.049 Preferred Ga Sav Bk & Tr Co.. Trust Co of Georgia. 100 100 100 11,858,267 250.000 I 230.700 264,000 1.000.000 3,274.440 Preferred... Colonial Trust Co... Waterbury Trust Co ... 300.000 5,288,400 f 25 22 32 Georgia RR Bk A Tr Columbus Bk A Tr.. First Nat BkofCol.. Fourth Nat Bank, dome Savings Bank. 100 55 540,883 10 29 30 34,238,004 /100 1100 100 3,646,361 100 26,929,109 255 265 690 705 9,303,206 86,568,205 3,150,546 100 150 3,215,713 154,538 400.000 « 156 14 & 850.00<> S 75,000 200,000 89 100 100 1,888,036 2,158,124 1,182,842 3,278,421 361,968 14 100 6.986.206 795,061 119,616 152,000 49.253 200,000 300.000 tio 100 80 120 100 100 30 100 110 85 125 35 220 200 City Bank A Tr Co.. 100 f5,000,00«' 110,000 500.000 3,215,713 96,000 86,568.205 1,494.000 no 100 248,480 6,951,004 r5.000.0no 3,215,713 177,086 14 14^ 10 First Nat Bk A Tr On S Savannah— Oltiz A So Nat Bank Citizens Bk A Tr Co Common 10 14 4,675.532 4,329,770 100 80 100 50 96,999 200,000 I 86,568,205 252,331 500.000 665.000 a 1,628,539 100 60 200 100 750,000 r5,000,000 "u" "uti Macon— Savannah Bk & Tr 32 9,588,224 307,999 2,824,216 tlO Augusta.— Liberty Nat Bk A Tr 160 3.354,288 [ 185.236 475.000 990,000 e2,000,000 a Yierch A Mecb Bank Waterbury Nat Bk— ....... 1,000,000 11,161,249 si Mrs 100 683,000 113,300 3,215,713 86.568,205 4,591,938 104,903,989 200.000 r5.000.000 5,400.000 ... Cltis A So Nat Bank. Fidelity Tltle&Tr Co Stamford Trust Co.. Waterbury— Oitls A Mfrs'Nat Bk Common. Per Citlz A So Nat BankFirst Nat Bank Fulton Nat Bank— ^Itiz A So Nat Bank. Nat Exchange Bank. Columbus— 300.000 a A omi nai. Atlanta- American Sav Bank. _ 73,967 1,123,823 I .. 21 New Haven— Amer Bank A Tr Co. share. 125 125 100 44 W est Palm Beach At¬ 20 15 150 25 6,798,537 1,628,958 5,798 1,388,689 369,499 13,148,327 100 100 100 200,000 Tampa— Broadway Nat Bank 43 Ask 400.000 200,000 Pensaoola— American Nat Bank. 14 50 25 2,008,216 29,262,563 30,124 8,514,096 2,101,020 599,419 132.000 1 68.000 100.000 - St Augustine Nat Bk h St. Petersburg— Florida Nat Bank... g 29 mm "64 25 Preferred Florida Bank g Palm Beach First National Bank. 68 mm 25 Bid Per Exchange Bk St Aug 1100 10,704,891 100 i/100 3,555,667 100 170 35 1,568,202 25 500.000 150.000 100.000 mm mm Par 122,236 677,471 77,826 321,317 85,774 200,000 First National Bank. 1,200,000 First Trust Co. 100,000 Florida Nat Bk A Tr a 400.000 Little River Bk A Tr 100,000 Miami Beach First National Bank... 300,000 Orlando— First Nat Bank— 29 27 60 100 m. mm* Deposits Nomi nal. Common Common.. Preferred 100 100 1,589.689 73,206 Cross Profits Capital 40 North End Bk A Tr Common Dec. 31 Surplus & Cross Deposits Nomi rial, Per share. Common... Preferred Stats Institutions FLORIDA Dec. 31 Capital 101 COMPANIES Debentures 134.000 . 65 National Banks State IDAHO Dec. 31 Institutions Dec. 31 Nomt nai. National Ranks State DELAWARE Dec. 31 I nstilutvms Boise City— Dec. 31 Per Nomi nul. Per sh<ire. 600,000 I 655,509 Preferred.. 588,000 First Security Bank. al.035,000 1,888,907 100 110 Boise Trust Do 50 $ $ 304,956 210,000 500.000 3,966,624 625.000 1,348,269 679,982 203.175 855,100 1,000,000 1,500.000 2,738,341 996.632 672.60C 4,000,000 11,940,910 Central Nat Bank... Farmers' Bank Industrial Trust Co. Union Nat Bank Delaware Trust Co.. Equitable Trust Co. Security Trust Co... Wilmington i** Co . $ 2,152,064 18,460,418 2,787,871 3,563,120 10,511,664 19,936,037 9,285,496 73,038,882 25 125,000 25 70 100 165 25 61 60 128 50 215 75 138 222 01V DIST.0F COLUMBIA' Nomi na( Per share Washington— a 145,000 87,865 Jity Bank Columbia Nat Bank. Bank of Co mm A Sav Hamilton Nat Bank. a 475.000 250.000 387,259 546,631 295,920 954,834 385,000 858,485 223,773 674,059 100.000 Liberty Nat Bank 1,000.000 500,000 Lincoln Nat Bank 400.000 McLaclilen Bkg Corp Nat Bank of Wash. Nat Capital Bank.. . a 345,000 1,050,000 200.000 800,000 1,860,331 9,061,530 4,882,799 3,567,859 25,261,922 7,124,236 10,648,102 5,386,306 10,146,951 2,268,251 26,043,391 100 150 National Banks Dec. 31 20 205 222 100 20 ~3i~" 100 263 28 179 100 200 50 65 3,000,000 15,103,960 104,202,322 [100 1.217.500 1100 a Second Nat Bank 60 433,346 557,500 8,398,578 Secur 8av A Com Bk a 100 543.000 372,265 7,972,586 Amer Secur A Tr Co. 3,400,000 4i976,269 54,049,459 100 270 101 59 145 250 200 Rlggs National Bank Common Preferred. Income debentures Munaey Trust Co Union Trust Co. Wash Loan A Tr Co. 16,902,036 (100 100 285 ..... 275"* 19<U 205 50 100 80 77 228 State Institutions Dec. 31 Nomi nal. Per share. 160,000 300,000 Belleville Nat Bank. a a 100.000 300.000 a 350.000 150.000 1,441,835 3,200,482 6,097,827 2,429,194 105,216 ino 3.339,885 4,784,516 3,163,618 39.508 238.149 262,258 172.761 379.000 Belleville Savs Bank. First National Bank. 8t Clair Nat Bank- 175,105 232,843 95,314 3,210.456 57.253,579 4,774,472 N re cent sa 100 100 100 100 100 30 250 125 State Bank.. a 400.000 Am Nat BkATr Oo. a1,600 000 20ft op* Austin State Bank. *380,000 Beverly State Sav Bk Central Nat Bank... City Nat Bk A Tr Co Oont 111 N B A Tr Co 100.000 c 1,368,343 194,418 FLORIDA Dec. 31 State 240" i nstitutions 110,237 6,407,647 88.214 2.398,647 193.569 8,381,597 2,994,994 131,176,813 100 20 30 205 212 40 25 30 30 35 _ 100 80 16 19 112 116 50.000.000 133711537 1257555445 f 33'. 69 25,000.000 <4 133'. Atlantic Nat Bank.. 43.000,000 Barnett N B of Jack. 1,500,000 Florida Nat Bank. Ql .500.000 Spr'field Atlantic Bk 50,000 1,042,747 1,370,244 1,006,251 26,673 44.366,736 24.071.789 32,804,371 1,025,861 100.000 159,798 1,647,561 10 9 100 25 • Sale price, 25 Includes preferred stock or debentures outstanding. 10 28 Sept. 28, 1938. d Member of the Atlantic Group In Florida. e Affiliate of the First National Bank of Atlanta. Ga. g Member ot the Florida National Group. h Affiliated with the Barnett National Bank of Jacksonville. Jfc New stock. I Last sale. r Lakeland— Florida Nat Bank... Q share 185 25 71 b 33'« i nn 1,500.000 485,017 1,489.941 100 •* cot Ov )— 54,606 Cosmopolit'n Nat Bk a 250.000 2,819,885 District Nat Bank— 102.000 1 17 Common 68,855 2,998,424 \ 20 98.000 1 30 Preferred 40 28 445.000 Drexel State Bank.. a 172,676 7,328,819 100 l.000.000 u 987.025 145 Drovers Nat Bank. 27,236,774 100 .216 First National Bank 30.0003)00 36,470,054 935.567,244 200.00o 100 170 First Nat Englewood 769,168 5,443,095 200 000 100 142 Halsted Exch N at Bk 216,003 6,806,429 200 000 100 42 Hamilton State Bk., 51,447 2,186,537 11 12 I-O National Bank.. a 200.000 71.509 2,896.784 c /Vom> nal Psr 90 10 lOo 300.000 4.00U,* too b Retirement price. Dec. 31 Jacksonville- 275 150 100 t Branch of Savannah. Ranks les Chicago— a Vational o 100 100 Oont Nat Bk A T Co ... 5,635,332 10,393,947 23,389,490 100 Preferred 125 Nat Sav A Tr Co— 1.000.000 12,042,592 500,000 1,235,451 2.000,000 1.000.000 1,501,312 1,000.000 2,489,763 50.645. Common 240 Common 27,053,478 78,914 les ILLINOIS Avenue St Bk Oak Pk 122 100 200,446 1,802,572 cent sa Aurora- Aetna "22"" 10 100 100 100 Nat Metropol Bank. o re 100 64 Old 8econd Nat Bank Belleville— Anacostia Bank N 40^ Merchants Nat Bank Dec. 31 100 .... Aurora Nat Bank.. National Banks 22,619,744 300 common Wilmington- share Ida 1st N&tBk ofBolse Combined statement. t Trust funds. r Ex-dividend y Stock all owned by Travelers Insurance Co. Fla. 145"" 21 32 155 221 180 150 50 15 BANKS National Banks Dec. 31 ILLINOIS Surplus cft Profits Capital AND TRUST COMPANIES State Institutions National Banks Dec. 31 Dec. 31 Gross Par Deposits Bid State Institutions IOWA Ask Surplus & Profits Capital Dec. 31 Gross Nomt nal. Chicago (Concl.) Per Kaspar Am State Bk Lawndaie Nat Bank Common 250, GOO Preferred 4 8 17 12,474,690 I10 397,142 1,545,509 12,228,903 26,788,877 100 210 20 57 4,594,650 6,119,046 19,332,941 5.789,158 3,366,114 11,015,847 5,755,534 10,223,342 6,184,181 16,582,092 8,082,687 3,929,105 8,310,610 7,251,713 18,052,989 9,616,767 3,003,438 7,144,035 100 150 200,000 200,000 500.000 155 100 100 110 135 210 217 Oak Park Tr&Sav Bk Personal Ln & Sav Bk Pioneer Tr & Sav Bk Sears-Oom State Bk. 200,000 200.000 400,000 i 200.000 400,000 i 500,000 500.000 200.000 i 200,000 500.000 2.000.000 i 750.000 200,000 Skala Nat'i Bank.. South East Nat Bank 200.000 South Shore Nat Bk. 200,000 Btate Bk of ClearingTerminal Nat Bank. Univ St Bk of Chic.. 120.000 200.000 Metrop State Bank.. 95 80 105 Mid-City Nat Bank. Milwaukee A v N't Bk Mutual Nat Bk of Ch Nat'l Builders Bank. Nat'l Boulevard Bk. National Security Bk North Shore Nat Bk. 200.000 i 298.000 Upper Ave Nat'l Bk. Uptown State Bank. 300.000 300.000 Western Stf,te Bank. Banco di Napoli 200.000 400,000 300.000 Chic 800.000 Amalg Tr Sc Sav Bk. i Tr. City Bk & Tr. Drovers Tr & Sav Bk i Lakeview Tr & S Bk. 547,000 200.000 6,000,000 i 790,000 600,000 Mercantile Tr & Sav. Northern Trust Co.. 3.000.000 Pullman Tr & Sav Bk 300.000 East Side Tr&Sav Bk Harris Tr & Sav Bk. Lake Shore Tr & S Bk 600.000 Elgin— Elgin Nat'l Bank... 59,276 96,910 145,557 384,487 300,326 722,306 269,378 84,756 262,126 2,148,794 797,290 268,102 87,043 161,879 100,000 85,821 2,762',714 278,584 6,728,850 322,326 6,360,103 346,911 7,240,122 348,152 7,933,755 207,544 3,316,233 352,902 8,154,293 430,866 4,828,840 968,876 23,753,787 453,669 11,463,508 78,169 870,052 10.921,857 234,042,170 362,716 12,229,790 1,301,486 27,958,885 502,354 16,740,617 10,155,736 339,976,957 366,775 8,698,952 88,864 712,349 131,535 787,733 1,057,640 1,451,932 2,000,000 First National Bank. 660.000 ' Common State St Bk & Tr Co. i 95 80 90 21 26 125 100 100 50 175 55 185 100 125 135 15 50 100 100 25 100 40 30 Oeun Bluffs Sav Bk. 150.000 111.795 172,015 2,702,926 4,216,355 64,000 36,000 100.000 68,370 1,493,693 /100 \100 95,464 1,807,551 100 600.000 ,183,306 27.097,'924 100 400.000 600.000 729,427 17,176,413 25 150.000 101,749 2,890,515 100 550.000 450.000 976,649 150.000 45.686 1,750.000 946.251 Common Preferred State Savings Bank. Davenport Bk & Tr. Common 73 78 153 Cap City State Bank 170 Cent Nat Bk & Tr Co Preferred 31 35 135 20 22 25 Common 100 100 60 65 Preferred 183 193 Common... Preferred 100 100 Des MoinesBk&TrCo i l#wa-Des M olnes Nat / 78,773 38,459,847 (100 100 291,391 4,637,922 100 150.000 300.000 250.000 470,206 148,970 10,097.552 4,521,045 100 257,836 Toy Nat Bank Security Nat Bank-. 400,000 275,000 300.000 250.000 Woodbury Co Sav Bk 100.000 Valley Sav Bank 100 100 Dubuque— 10(1 First National Bank 100 50 100 100 85 140 100 50 100 100 100 100 295 95 150 20 305"" 55 60 260 130 270 540 Amer Tr & Sav Bank Bloux City— First National Bank Live Stock Nat Bank i 100 N o i 10 6,083,279 5,514,168 /ilOO 100 6,629,468 100 5,821,761 2.307,858 100 272,554 359,327 re 228,570 88,389 140 165 175 100 N 100 100 rec sa National Banks les State Institutions KANSAS Dec. 31 o Dec. 31 ent Nomi nal. les Hutohinson— 50 71 20 173^ 20 48 73 w* 50 Per American Nat Bank, first National Bank. Exchange State Bank 651,944 100 35 50 100 130"~ 35 100 100 cent 300,000 1 les 220,355 14.192,522 f 155,939 71,410 3,502,015 1,272,791 100 118 109,000 \ 91,000 100,000 264,664 5,930,491 (100 200 470.351 4,878,042 100 First National Bank- 150 000 2,274,931 2,720,392 840,933 100 N o 150.00C 60,000 153,649 250,118 27,242 100 100 re cent sa les 412,617 i0.988,286 1101 442.000 40 50 10 I 200.000 75.000 8 10 175 Security Nat Bank.. Preferred Rlverview State 832,532 647,285 share. re Lea venworth Nat Bk 60 50 "120" 100 220,073 N o 100 3.483,628 4,458,860 Kansas City— 65 5,733,716 71,657 100 sa 150,000 250.000 63 3,526,826 / 662i cent sa 550 loo 1,470,544 a 100 50 1,755.911 22,628 265,490 Preferred 149,021 44,315 42,444 110,320 Uoo 50.000 1,496,589 23,835 20,605,968 flOO 1,250,000 University State Bk. 40 113,043 a25 25 Bank & Trust Co 100 f 100 a Des Moines— 30 150,000 100 Bankers Tr. Co— 125 100 100 Davenport— Bk. uoo '250" Leavenworth— Manufac'rs State Bk Central Nat Bank... 420,167 243,518 302,411 9,450,730 4,913,112 8,733,852 100 Citizens State Bank. 40 Fidelity Sav State Bk Guaranty State Bank First National Bank. 500.000 165 300,000 500,000 9,949,260 5,111,184 12,080,449 100 Illinois Nat Bank 555,112 297,814 405,403 50 100 100 175 110 120 125 500.000 400.000 77.500 g 200.000 Central Trust Co... 40 i Springfield— i Common 70.000 130,000 Preferred Kaw Valley State Bk Nat Bk. National Ranks INDIANA Dec. 31 State Institutions Dec. 31 Topeka State Bank.. W ichlta— i first National Bank, Nomi nal. Evansville— Per Citizens' Nat Bank.. 100,000 362.195 Bank 500.000 i 13,389,710 1100 100 186,543 32,484 145,700 146,700 100,000 Indiana Tr & Sav Bk- 15,068,081 1,198,195 1,377,684 1,294,023 973,450 11,916,410 1,758,275 805,724 r ' i 100 49,500 42,900 675,291 55,951 500,000 Cltizens Tr & Sav Bk > 209,000 100 200 160 100 100 100 share, 225 175 100 110 110 100 100 110 100 150 100 100 1,056,498 (100 60.000 32,344 49,284 640,000 7,107,695 9,195,621 1.583,298 1,507,861 100 150 179,583 552,625 100 125 150 75 125 200 101 1.000.000 1.000.000 1,428,711 1,086,567 25,674,881 22,964,807 Kansas State Bank.. Southwest Nat Bank Union National Bank 100,000 200,000 31,102 1,024,996 237,851 2,354,283 104 Common Preferred Union Stock Yds Nat 108,000 92,000 169,148 225 100 3,883,312 ( 62*» fourth Nat Bank... 150 101 10( 110 125 50,355 \ 2.133,349 160 /100 7,575 67,113 500.000 100.000 100.000 Merchants' 936,970 I 100 559,784 277,313 60.000 200.000 Nat Bank of Topeka State Savings Bank. Springfield MarineBk National City Bank. North Side Bank les 150.000 200,000 246,000 500,000 Laraasco cent 25 Topeka— Third Nat'l Bank Franklin Bk & Tr Co o re sa City National Bank. 143 160 KocKtord— Illinois Natl Bk & Tr Co Swedish-Am Nat Bk. N 20 100 .882,715 160,244 38,014 50 2,629,847 [ 200,000 t 196,000 200,000 100,000 50,000 296,000 Peoples Bk of Quincy S'thSideBk of Quincy 100 4,591,603 1,050,782 107,573 500.000 250.000 50.000 Common Debentures Mercantile Tr & S Bk 2,681,518 29,249,754 200,000 First State Bank Quincy— B'dway Bk of Quincy 111 State Bk of Quincy 100 Merchants Nat Bank People's Sav Bank.. f Comm'l N Bk of K C Common 100,000 Capital notes 20 100 60 1,991,761 131,911 200.000 90,000 South Side Tr& Sav B 100 100 10,052,857 23,826,813 14,261,596 Peoria— Cent Nat Bk & Tr Co Com Mer Nat Bk&Tr Jefferson Tr &Sav Bk Common 100 1,383,002 7,287,511 600.000 Union Nat'l Bank... 2,380,775 3,039.011 first National Bank. 157,982 226,700 1,052,712 180,301 100,000 300,000 100,000 First Nat'l Bank 100 64,166 54,634 Cedar Rapids— Guar Bk & Tr Co.._ 61 Madison-Crawford MerchandiseNat* lBk Merchants Nat Bk.. 125.000 200.000 United State Bank.. Council Bluffs— 1° 1,000,000 Natl Bank Main State Bank Burlington— farmers & Merch S B i Nat Bk of Burlington 343,704 325,000 300.000 - Live Stock Nat Bank share. 20 2,543,009 Ask Nomi nal. Per share. 13 I 275,000 . Liberty Nat'l Bank 129,565 Bid Par Deposits ...... i L aQ2H 1MB 100.000 50 1,002,253 26,035 Old National Bank— Common- 500,000 500.000 Preferred I Peoples Savings Bk_. Fort Wayne— Mutual 1,625,000 Lincoln Nat Bk & Tr 1,200,000 617,462 20.625,276 National Ranks Institutions State KENTUCKY Dec. 31 Dec. 31 8,149,850 Ft Wayne Nat Bank Common Preferred Dime Trust & Sav Bk N 400,000 I 400,000 -— Debentures 482,856 15,137 20 15,599,636 re cent sa les 20 1,296,119 1,125,659 11,927,515 13,689,280 2,338,372 100 35,216,567 Gary— Gary State Bank i 400,000 Gary Tr & Sav i 200.000 910,624 43,168 Common 1.000,000 l1,556,435 Class A 775,000 100,000 4.000.00C 20 Bk. i 100 100 i 200.000 21,281 10 15 16 87 ( 918 100 100 340* 300 150 160 220 235 100 8,056 484, 123 100 32,199, 581 2,323 059 3,306, 232 100 100 "55" 4,383, 109 100 103 425,146 137,810 283,00( 1 500,000 Common 11,020.792 37,076,648 1,000.000 I 399,200 1,131,061 1,000.00(1 Debentures 2,479,934 16,421,589 3,841,957 20.184,492 830,000 .... Security Trust Co... Union Trust Co South Bend 100 76,134 . City Nat Bk & Tr Co First Bank & Tr Co i Merchants Nat Ban! i St Joseph L & Tr Co Torre Haute- i t'349,000 500,000 753,250 250,000 900,000 i 5,803,555 1,669,419 10 7 9 300.000 272,509 2,860,594 .100 115 125 Citizens Bk & Tr Oo. 4 73,531 1.487,849 ( 10 10 First Nat Bk & Tr Co 1.000.000 1,087,815 14,526,889 50 99 150.000 Security Trust Go_.. Louisville— 500.000 507,693 3,200,000 24963,617 4,007.668 300 150.000 375,000 236,491 100 Union Bank & Tr G< 1.000 .000 fidelity & Colum Tr first. National Bank 2.000 .000 1.000 .000 ,873,032 .711,342 ,603,378 200,000 Preferred 350.000 Liberty Natl Bk & Tr People's Bank Security Bsnk KentuckyTltle Tr C« <1,800 .000 300 .000 361,286 66.958 174.644 el ,000 .000 ,046,096 100 .000 Lincoln Bank & Tr. 750 .000 183" Stock Yards Bank.. ion .noo 100 60 Co it 980 .000 128,675 ,123,958 100 300 70 325 United States Tr Co 525 .00(1 105,663 100.00< 100.000 481,795 Louisville Trust rnmmm. mm 4K m 101 100 175 185 100 320 330 57.135 ,813 1001 cz260 280 8,562 ,097 100 93 98 39,266 ,988 2 y2 3 M 24,611 ,589 2 X 10 8 10 1,077 ,071 100 115 2,896 ,271 100 103 5,137 ,101 651,011 173 American Nat Bank 85,054 2,875,663 144,711 303.116 164,718 19,507 4,548,277 10 9,597,488 4,501,043 3,369,440 100) ,666 100 145 ,819 100 200 ,462 10 7 ,804 100 1,736,127 5,801,473 100 13,922 1,485 15,352 1,419 160 <•»«»■»«••» 8 35 Preferred - Newport Nat Bank.. * 100 100 140,085 5,187,518 J100 uoo Sale price. c cent Si Citizens e Affiliated o re 100 910,615 17,668,519 a stock retirement price. Pref. Union Fidelity unified certificates. with /March 7, 1938. of the First National Q d New stock. i Common and preferred 300.000 >x Ex dividend. Bank of Louisville. June 30, 1938 Northwest Bancorporation. stock or capital debentures outstanding. I Last sale. 1250 b Sept. 28, 1938. let h Member 500.000 133.138 100 ' Terre Haute First Nat Bank— 36 355,201 100 N 250.000 250.000 Common .. 25 32 120 239,467 87,411 , 152 Merchants Nat Bk.. Preferred 20 550.000 150.000 145 1100 10 10 50 5,914,333 Newport— American Trust Co. Common _ ( 110 Citizens' Onion N B 100 Fletcher Trust Co— Indiana Trust Co.. ^Lexington— Sink of Commerce. share. 100 4,655,572 Second Nat Bank... ttlO 2,250,690 47,363 300.000 6UO.O0C i ( \ 10 101,659 2,192 1 8,164,242 119,497, 25 196,185 1,315 427 50,000 i 65,000 1.250.000 Bankers Trust Co.. Fidelity Trust Co... 250.000 25.000 450.972 , Indiana Nat Bank_. People's State Bank. First Nat Bk & Tr Co Common Preferred Common preferred. Fountain Sq State Bk Merchants' Nat 200,000 CovlngtonTT&BkgOc 100 125 75 Indianapolis— Marion Co State Bk. Citizens' Nat Bank.. Peop-Lib Bk & Tr Co American Nat Bank. Live Stock Exch Bk. Madison Ave St Bk Per Covington— o 20 250,000 300,000 People's Tr & Sav Co Bk.. Nomi nal. 20 April, 1939] National Banks Surplus & Profits Capital Dec. 31 Baton Bouge— Olty National Bank Nomi nal. Per share 300.000 240,000 Common j 437,837 300,000 240,000 Preferred Now Orleans— j 429,329 10,809,789 25 20 flO iio 135 125 10,769,459 J100 \ 80 Amer Bk & Trust Co Common /100 \100 50,747,118 / 20 \20 22 1,500,000 [ 919,187 53,788,968 1.200,000 208.000 181,611 2,718,733 2.800.000 6.718,776 121,472,350 / 20 22 Louisiana SB & T Co Whitney Nat Bank.. Shreveport— First National BankCommercial Nat Bk. 1,442,998 1.500,000 1.200,000 PreferredHibernia Natl Bk Common Preferred Nat Bk of Commerce Common Preferred. 718,366 1,000.000 1.000.000 700,000 Oont'l-Am B A Tr Co 100 90 1,000,000 1,000,000 National Banks Dec. 31 1,075,491 798,893 310,255 34,357,806 maine Everett— Middlesex Co Nat Bk Fail River— Fall River Nat Bank Durfee Trust Co 26 76 100 140 145 100 100 125 100 135 105 31 shate 32 25 34 Bangor— Merchants' Nat Bk. 1,000,000 200,000 | 524,628 600,000 200,CG0 400,000 400,000 8,624,396 7,476,621 11,896,650 / 20 Portland— Canal National Bank Casco Bk A Tr Co First National Bank. 488,238 201,150 260,931 332,152 Nat Bk of Commerce Portland Nat Bank— Common I N 0 re Preferred cent 100 105 23 Common Preferred A Preferred B National Banks J 561,490 10,987,024 1 State maryland Dec. 31 28 37 31 40 50 40 65 72 c40 Institutions Per Preferred Calvert Bank Canton Nat Bank... Carrollton Bk of Bait Commonw'lth Bank. First National Bank. Nat Cent Bk of Bait. Nat Marine Bank Western Nat Bank... Colonial Trust Co Equitable Trust Oo_ Fidelity Trust Co.— Maryland Trust Co 381,215 nal. 5,596,572 10 4 6 flO 20 24 Common.... 1,000,000 11,170,000 1,650,000 1,500,000 3,881.799 600,000 272,267 2,000,000 4,214,356 3,000,000 1,660,191 Capital notes Mercantile Tr Co... Real Estate Tr Oo_. Safe Dep A Trust Co Union Trust Co Cumberland— First Nat Bank..... d 394,000 37.283,763 120 "75" *85" 50 2 10 56 20 25 100 25 {.10 50 100 100 1,522,813 10 224.416 6,511,340 50 150,000 \e 211,108 298,500 3,360,841 100,000 125.000 Second Nat Bank 5,006,934 5,156,097 70.598 Citizens' Nat Bank.. Farm A Mech N Bk. Frederick Co Nat Bk Common... Preferred Fr'k Town 8av Inst. West Maryland Tr.. 933,865 498,174 !.!5 100 25 1,723,521 13 X 390,979 254,811 46,686 V0.984 90.000 94.58S 316.114 Second Nat Bank 397.000 200,000 Hagerstown Trust Co 150.000 1,694,967 5,737,606 4,105,506 1.940,288 239,716 70,273 "2 20 6,599,360 25 10 12)* 619,189 10,813,672 25 21 25 24 302,416 250.000 100.000 400.000 476,191 604,896 749,153 718,000 500.000 425.000 230,923 550,000 473,600 200.000 3,269,129 f 50 1 50 139,696 200.000 100 100 100 100 3,049,614 5.437,368 63,686,690 69,259,574 235 350 20 47)* 50 6,867,630 20 9,526,599 5,598.243 12)* 37 69,934 1,914,293 100 65 275.000 119,809 3,231,581 50 250.000 200.000 903,113 6,790,208 f 10 1 10 10 39 m Warren Nat Bank 8alem — — 8)* Naumkeag Tr CoCommon. 1,000.000 194.250 14,747,957 29,354,821 15,685,066 13,694,047 100 25 25 2,176,640 30 200.000 300.000 Union Trust Co West Spring Hold Tr. Taunton 10 662,774 2,902,105 1,350,913 1,853,307 95,382 267,891 303,842 2,258,980 4,304,075 100 25 8)* 305 58 57 — Machinists' Nat Bk- Worcester— Mechanics Nat Bank Common Preferred Common 14,854,605 1100 1100 10 4,998,798 500,000 11,019,376 400.000 300.000 238,805 (Guaranty BIr A T Co Worcester Co Tr Co 130 "18" no 17 110 1.000,000 12,238,707 634,105,110 2.000 000 — Class A 25 8 National Banks 18)* 9 State Institutions Dec. 31 MICHIGAN Dec. 31 Nomi nal. Per share, Bay City— *235" 250" 9X 110 48,104 332,015 10X 1^0 135 130 155 17 18 2,625,522 100 6,092,184 100 N 759,823 9,846.758 20 sa 1,267,095 &60.695.144 300,000 rlay City Bank at) JbK of Bay City_ 400.000 People's Commercial A Savings Bank dl,000,000 * 60 515 50 o re cent les DetroitCommonwealth Bank d3,700,000 Detroit Bank 1,500,000 11,750,000 137,975,217 r 20 3,610,000 l 20 50 3,000,000 4,432,595 126,103,116 29,063 388,268 100 100,000 Common Mfrs National Bank- 230 50 '"85" 240 51 "95" Nat Bank of Detroit- 7,500,000 9,500.000 Common Preferred — J13227615 10 391,573.872 41 42 22 24 41 24 42 26 25 United Savings Bank *60" 65" 500,000 11,610,399 21,423,950 850,000 377,467 1,200.000 8,597.729 364,112 g 500,000 414,104 Common — Wabeek State Bank. 115 100 10 ^ra town— 9,602,984 14 115 Hag 75 X 1100 200.000 190.000 Preferred 99,355 Farm ere A Merc Bk. Ni cod em us Nat Bk.- d 70 2,600,868 /100 6 Peabody— Preferred 75,000 51,300 150,000 150,000 188,433 249.532 1.000.000 Michigan Ind Bank ........ Capital notes Frederick— 7.476,144 J 50 I 50 New Bedford— 17 Liberty Trust Co— Common 138,024 9 3,817,830 First National Bank. d Merchants Nat Bk-Safe Deposit Nat Bk d 88* 20 14)* 125 | 100 10 2,201,941 ent les 68 10 10( 100,000 99,500 500.000 Capital notes 5,764,888 319,914 Lynn S Dep to Tr Co Security Trust Co 57)4 32 Peoples Bank— Common 961,150 184,927 o 42)* 5,841,999 165,100 sa 76 433,800 Preferred Manufac'rs Nat Bk- 75 30 25,674,812 1.669,935 31,928,820 40.617,989 6 4 10 100 rec 10 20 101 215 Lynn— Eristol County Tr 50 100 100 100 300.000 i Central Nat Bank— Common share, 600,000 11,143,683 36,730,532 800,000 d 352,797 370,000 10,418.419 d 300,000 149,901 3,735.785 230.887 80,000 1,565,015 300,000 212.415 1,265,107 4.000,000 6,659,524 170,103,317 400,000 496,665 6,405,064 600,000 766,443 5,128,165 750,000 547,358 12,445,535 400,000 138,623 1,973,302 2,000,000 1,300,000 37,377,770 1.000,000 942,436 18,877,375 100 10 k 2,843,286 1,441,789 3,579,419 Springfield— Springfield Nat Bank d2.000.000 Third Nat B&TOo— 1,500.000 Springfield 8 1) A Tr. 1,000.000 Dec. 31 Nomx 500.000 247.588 167,536 252,955 - Preferred n Bait Comm'l Bank.. Baltimore Nat Bank Common 100 100.000 Preferred 144,000 Hadley Falls TrOe. dl.400.000 LawrenceBay BtateMer Nat Bk 600.000 Lowell— 50 Baltimore— 7,283.962 275.000 380.000 , Preferred 25 20 f 892.516 200.000 300.000 Merchants Nat Bank 491,750 450,000 83,250 100 Park National Bank Common les sa 20 100 25 40 8,279,476 4,146,214 5,258,948 6,651,692 6,439,589 67,787,634 63.491,232 N Essex Trust Co 100 100 292,905 993,336 600,000 600.000 Eastern Tr A Bkg Co Merrill Trust Co— Common 267.501 556,810 300,060 share, 10 150,000 120,000 290,000 Glouc Nat Bk of Glou Tlouces S D A Tr Co Union Old Lowell National Bank— 100 8,018,279 9,825,236 404,169 502,348 10,533,054 500.000 Appleton Nat. Bank- Per 825,000 701,680 773.562 400,000 427,500 300.000 Safety Fund Nat Bk_ Gloucester— Oape Ann Nat Bank. Nomi nal. First Nat Granite Bk d Depositors' Trust Co Per Fall River Trust— Fitch burg— 28 74)* Augusta— Ask Holyoke Nat Bank— 25 . Bid Holyoke— 20 Dec Par Deposits 600,000 Merrimack Nat Bank Institutions State Gross Surplus & Profits Nomi nal. Haverhill— Haverhill Nat Bank. \20 29,980,632 21,073,674 10,302,805 Capital Ask Bid Par $ Common... Preferred Louisiana Nat Bank massachusetts stauti?tcn' Gross Deposits 103 companies i Institutions State louisiana Dec. 31 trust and banks c25" Bankers Trust Co— f 10 L 10 10 Equitable Trust Co— 309,660 Common 226,340 Preferred 10 o 100 cent les 10 Detroit Trust Co— Common 1,751.400 [ 20 ! 20 2.010,000 11,970,279 glO.694,285 ! 20 1,000,000 [ 20 113,721 g 150,000 287,801 100 693,509 q 4,479,796 100 500,000 Preferred- Highland Park Trust 10 J 444,297 g Un Ouardian Tr Co. Flint—■ National Banks massachusetts Dec. 31 Dec. 31 Nomi nal. Per share. Boston— First National Bank 27.812.500 52,371,683 662,094,181 12 X Merchants' Nat Bk 3.000.000 5,663,442 87,633,851 100 Nat Rock Bk of Bob 1,500,000 2,663,603 31,996,263 20 Nat Shawmut Bank. 10,000,000 20,851,251 179,987,176 Second Nat Bank.. 2.000.000 4,770,172 78,564,956 12Ja Web & Atlas N Bk 1,000.000 Pilgrim Trust Co State Street Tr Co._ U 8 Trust Co— 4,038,821 1.250.000 Fiduciary TrustGo— d New Eng Trust Co.. Old Colony Trust Co 447,615 3.000.000 100.000 — Boston S Dep A Tr.. Columbia Trust Co.. Day Trust Co 500.000 i.000.000 t5.000.000 400.000 3.890.000 40>f 350 60 23% 40)4 355 62 23X 238,512 1,803.594 911,179 3,381,795 5,277,279 None 437,700 8,192,856 6,339,947 686,184,092 131 134 50 44 100 a280 100 13,696,294 35,545,238 2,321,529 12,327,187 2,176,562 32,388,722 47 170" 260 450,000 100.000 141,922 2,561,756 100 300.000 100.000 291,089 89,726 4,062,272 61,523,889 100 100 300.000 I 300,000 600.000 623.614 8,211,308 20 53 12,628,631 I 10 I 10 Beverly— Beverly Nat Bank.. Beverly Trust Co jI* 13 15 / Heme Nat Bank Cambridge— Cambridge Trust Co County Bk A Tr Co. Harvard Trust Co 150.000 300.000 I. OOO. OOO 6,988,742 100 20 I 20 Preferred — j 469,624 11,779,216 24 18 22 20 24 20 18 21 20 10 13 20 22 400,000 1 175,00J J Common-' Preferred : 476,817 8,159,925 c20 10 17 19 clO 28 15 10 Bank— d Michigan Trust Co. Saglnaw— Saginaw State BankSecond Nat Bank A 1,000,000 11,822,802 43,064,406 1,500,000 131,616 g 1,145,103 400,000 250,000 383,299 2,710,656 l,200,00u 661,923 g 1,727,351 r 10 26 20 10 8 I 20 14 16 22 24 170,264 5,884,946 20 1,250,000 Tr Co 357,000 2,166,806 28,435,478 100 d ♦ Sale 12 22 50 20 ——— 1255 Stock has to be offered to board of directors. price. savings .deposits. e Sept. 28. outstanding. 1938. f Convertible pref. stock entitled in liquidation to $20 g Trust balances. a share. stock of the Appleton National Bank of Lowell, Mass., changed from $100 par to $10 par by a stock split-up on a 10-for-l basis on March 21, 1939. ! It UnifM I Last Sale. 0 June 30, 1938. 1 t Affiliate of First National Bank of Boston. i Par value of the capital 425 28 Peoples Nat Bank— Retirement price. d Common and preferred stock or capital notes 50 668,562 66,593,722 485,085 4,490.763 1,168,532 620.594,212 I 500,000 195,000 Common b Includes 50 408,015 1.433,817 ?P 20 c Brockton Nat Bank Common. 100,463 376,257 a 160 Brockton— Preferred 250,000 Grand Rapids Tr Co. Union Bank of Mich 160 700.000 11,218,096 Central Bank Nat Bk of Grand Rap Preferred 100 Common Convertible pref— 77,511 409,715 Common 50 50 a400 tio 100 165"" Wlnthrop Trust Oo._ 250,000 400,000 20,057,173 8,895,670 3,074,527 5,885,474 20 Merch A Mech Bank Nat Bank of Flint Grand Rapids— Old Kent 100 255 754,792 Olt Com A 8avs Bk_ dl .000,000 Genesaee Co Save Bk 1,000.000 440 10 10 12 20 67 69 4rto0 BANKS National Banks Dec. 31 MINNESOTA Capital State AND Institutions Dec. 31 Bid Par Deposits Olty National Bank. Jt Duiuth Nat'l Bk First & Amer Nat Bk 200.000 2.000,000 Ask 50 100 cent Minnesota Nat Bank of Duluth 231,385 452,505 47,380 16,454 400,000 1,000,000 100,000 Western Nat Bank.. k 100.000 h Northern Nat Bank. Pioneer Nat Bank— Minneapolis— Blooming'n-Lake NB ft Central Nat Bank.. e les 100 First Nat Bk & Tr Co 66.000.000 100.000 Hennepin State Bank 6 k 376.000 Marquette Nat Bank Midland NatBk A Tr *1.000.000 6 100.000 Minnehaha Nat Bk 500.000 207,025 1.000.000 838,388 66z3 Bid Par AsJfc 1.000.000 Per Ohlppewa Trust Co_ k ffsston-Taylor Tr Co k 340.000 490.000 250 000 Nat'l Bank. merce 350.000 Miss Val Trust Co.. 6.000,000 * Mound City Tr Co 244,559 Nsrtb St Louis Tr Co 300,000 WebsterOroves Tr 4,596,009 15,765,919 100 29 349,703 9.564,275 205,303 3,199.931 49,042 3,105,491 257,777 5,450.363 6.081,747 164,566,634 100 70 20 6 100 75 325.598 5,643.678 3,108,517 101,593,651 25,682 2,668,885 332,467 4,159,116 218,095 2,993,536 100.000 share. 120 20 100 i Merc Com B & T Oo- 10.000,000 Mercan tile-Com¬ 100 2,270,411 ftlOO 120,532 34,907 1,895,757 1,734,563 eI55 34,105 7,876,258 145,243,305 6 20 100 1,108,822 30,234 100 5,486,442 291,037 485,722 16,651,904 el 00 100,000 150,000 100,000 k Fifth No'west'n N B. 100 6,702,615 11,675,633 1,051,424 935,536 St. Louis (Concl.) Telegraphers Nat Bk t.Indell Trust Co o Gross Deposits Nomi nal. United Bk & Tr Co.. 100 100 887,997 7,045,173 1,989,589 30,328,996 Dec. 31 Surplus & Profits Capital Tswer Gr Bk A TrCo $ State Institutions MISSOURI Dec. 31 Nom inal. Per share. 39,935 336,881 40,058 1,218,932 100,000 600,000 National Banks Gross Surplus & Profits Duluth— Bank of Comm & Sav COMPANIES TRUST "3l"" 73 20 35 40 100 128 130 100 5 25 28 30 oSfc 29 50 "26"" 100 175 Springfield— Oltlsens' Bank Jt Union Nat Bank Jt 290.000 594.000 4,610 393,337 Southern Missouri Tr k 100.000 94,449 100 2.624,954 10,905,641 2,257,613 100 100 1,948.638 6100 40,610 N'western Nat B & T 5,000,000 13,897,119 121,623,909 /100 1,500,000 6 1,516,199 37,020 100,000 14,472 e 1,109.314 e._. 50.000 e 1,739,981 el 00 126,349 100.000 135,698 2,991,515 elOO k 125.000 48,183 1,211,229 k 85,600 Common Preferred Produce State Bank- 2d N'west'n State- Third N'west'n N Bk 4tb Northwest Nat'l. University State Bk. e 7H 7H National Banks 200,000 125.000 145,595 69,000 Union Norm *1.688,000 709,463 406,290 58,277 100 26,662,499 100 4,590,270 100 1,886,184 115,322.776 0100 100 2,234,339 100 7,498,666 5,342,793 elOO Bank Nat No re cent 5,069,446 glOO 100 1,890,000 les Commercial State Bk k 150,000 DrovExchState Bank ok 200,000 7,740,516 First National Bank. 06.000.000 First State Bank g 100.000 EmplreNatBkATrCo ek 465,000 Stock Yards Nat Bk. k 300,000 116,785 221,561 178,466 N Preferred 454,315 0l ,000.000 . National Banks MISSISSIPPI Dec. 31 re cent 1,205,704 13,327,670 100 sa les 100 100,00C 600.000 10H 600,000 297,651 9,783,085 0100 250,000 230.0fth 120,147 7,040,149 flOO 0... Helena— First Nat Bk A Tr C< Union Bk A Tr CoCommon National Banks 1100 Institutions State NEBRASKA Dec. 31 I 100 879,636 41,642 645,013 4,854,495 1100 1100 0100 278,747 o 12,425,441 100,000 Preferred 100,000 1 152.600 Common 100 300,006 Metals Bk & Tr Co 1QH Dec. 31 Institutions State Nomi Dec. 31 Nomi nal. Per Jackson 525,148 740,000 i 297,000 414,222 363,862 Jfc 261.700 First National Bank. Jfc 350 0011 116,653 185,005 Preferred Commerc'l Bk&TrCo Depos Gu Bk A TrCo Jfc Jackson-State N Bk. Jfc (30 8,207,242 50 share. 60 13,482 12 10 10 100 140 160 100 125 150 100 80 68 85 50 50 51 54 8 858,466 12,291,213 7,817,795 Meridian— Citizens Nat Bank.. 239,500 91,757 600.000 300.000 Mer A Farmers Bank Jt 3,287,950 3.254,115 4,122,706 197,990 284,221 5,565,529 5,432,716 70 571,374 781,154 20,123.145 10,380.199 1.500,000 450.000 1,083,834 475,604 26,616,277 12,704,765 35 160 38 100 Common 1,500 000 1,665,304 44,287,109 f 100 190 200 Preferred 500,000 e National Banks Dec. 31 100 First Nat Bank Live Stock Nat Bank Omaha Nat Bank— 150 'nsiii Stale 75,293 380.000 270.000 96,585 el.100.000 1,135,043 « Preferred ticns U S Nat Bank Dec. 31 100 165 260 20 1100 117.000 83,000 50,000 South Omaha Sav Bk Stock Yards Nat Bk Common MISSOURI alOO 150 240 100 Packers' Nat Bank: Preferred 125 149,062 Omaha— Common Vlcksburg— First Nat & Tr Co Jfc Merch NatBkATr no 9,824,238 f 100 1100 312.500 290 000 850,000 300.000 Common First National Bank. Nat Bk of Commerce 40 that e. Continental NatBk— Preferred 300,000 1 100,000 50.000 nat Pei Lincoln— Capital National BkCommon share. 3,114,300 3,087,081 Sec Tr & Savs Bank. Butte— Midway Nat Bank— First Trust, Co. 150.OOP 4,586.056 0100 223,201 163,170 199,881 Miner a Nat Bk e nai. Per 200,000 Midland Nat Bank.. Montana Nat Bank. First National Bank sa St. Paul— American Nat Bank. Dec. 31 Billings- Rochester— First National Bank- Institutions State MONTANA Dec. 31 2,486,631 f 100 100 25 925,431 51,846 7,046,766 (100 1100 100 24.727.796 IS cm inal. Per Kansas City70,986 1,999 ,704 1,805,200 25,530 ,362 145,820 6,487 ,109 4,811,284 L58,436 ,503 58,521 1,336 ,200 4,765,039 121,544 ,086 1,369,223 20,149 ,290 71,513 1,498 ,298 187,451 3,433 ,534 100,000 600,000 500.000 Baltimore Bank Commerce Trust Co 6.000.000 100,000 2.000.000 500,000 100,000 200,000 200,000 196,000 Capital notes j 336,512 94,600 \ 105,400 50.000 Common 59,963 26,573 75,200 120,318 49,045 200,000 100.006 100,00c 8,556,845 100 335 100 68 100 140 100 100 70 440 50,000 1 First Nat Bk of 470 Security National Bk 100 100 200 Nat'l Bank Jfc . Nomt nal. 1,388,076 J100 1100 100 1,575,205 100 3,300,393 100 2,683,216 100 1,118,337 272,341 132,049 8,514,854 62 X 1.000,000 1.100,000 . J 681,906 26,148,981 115 130 Merchants Nat Bank 191.512 100 1,441,809 100 819,844 2,024,372 ,100 American Nat E 200,000 227,933 267,949 428,828 146,447 104,606 273,601 126,765 71,930 8,270,445 4,139,576 7,685,990 2,991,205 3,450,944 7,606,117 2,869,893 1,172,616 100,001, . Tootle-Lacy Nat Bk Umpire Trust Co Miaaouri Vail Tr Co St. Louis— b Jfc k . * . 200.000 500.000 100.00c 250,000 200.000 200.000 129,000 re cent 100 sa les 65 75 Indian Head Nat Bk 200.000 400.000 491,976 Nashua Trust Co 65 SeeondNat of Nashua 600,000 542,198 6,078,295 6,393,438 6,556,709 250.000 75.000 94,433 3,143,777 100 100 re cent 200.000 38,360 1,522,192 100 sa 50 550,384 100 100 300 - - — * 1135 100 105 Portsmouth— 200" 225" First National Bank. Common 47 lA 5734 Preferred New Hamn Nat Bk 75 N 0 les 11 National Banks 165"" NEW JERSEY Dec. 31 Institutions State Dec. 31 150 100 Per Atlantio City— 100 100 o 100 cent les s._ 100 Boardwalk Nat Bank Bankers Trust Co— 400,000 Common 100 Cass Bk & Tr Co 7 20 2,549,374 54,946,658 5,352,903 100 100 70 33 90 212,926 5,550,701 8,282,546 237,086,397 569,881 11,383,793 . 0 275,000 2,000,000 400,001 300,00(i 10,200.000 600.000 100 100 37,855 2,144,412 , 313,497 20 "34* 17 35 100 105 36 20 75 80 3,408,516 J100 55 65 Jefferson Bk & 1 200,000 Common 200.000 J 600.000 Bank. 50,000 50,000 Preferred 75,361 148,045 j 33,867 150 1 t/30 10 10 500,000 251,404 5,483,926 225.000 1.184.565 163,669 1,468,537 (100 580.500 203,345 5,902,365 100 55 65 300,000 100,000 156,890 108,973 2,646,235 1,089,807 10 5 10 5 3 4 200,000 36,286 374,950 1,762,701 50 10,205,998 100 75 78,974 251,655 103,803 2,164,860 4,983,681 1,493,772 100 30 35 100 70 SO 20 8 988,842 1100 1100 12 Asbury Park— Asbury PkNatBk & Tr Jfc Asbury Park & Ocean Grove Bank Seacoast Trust Co Bayonne— Jfc Broadway Nat Bk Bayonne Trust Co.. __ 400,000 Bridgeton— Bridgeton Nat Bank Jfc Cumberland Nat Bk. Jfc 244,100 575,000 Farm AMp'1 Nat, Bk '"20* 6,555,683 Share- 1,746.934 (100 343.783 Common 5 k 99,687 100 6,241,204 fiquitable Trust Co— 15 2,283,985 694,367 120,000 Preferred Guarantee Trust Co- 100 120 72,785 92.500 . k 249.500 a nlOO i 10 Retirement price, ft First National Group. u 600,000 A Trust Co.. 500.000 450,000 - 500,000 Plaza Bank (The). Sec Nat Bk Savs&H Southern 0 100 100 / 20 107,500 1 Preferred Baden Bank Manufacturers N 3,054,122 3,413,430 Nashua— Preferred Common Jeff-Gravois 100 110 b First Nat Bank Industrial Bk& share 5,768,678 Nomi nal. Burnes Nat Bank., First National Bank. First Trust Oo___ FirstSt JosSt' • Y da 932,401 595,858 269,807 120 90 150 125,513 14,661 100,006 200,000 150,000 200.000 Manchester Nat Bk. 9 100.000 . Per Manchester— Amoskeag Nat Bank J10 115 University Bank Westport Ave Bank, □t. Joseph— a 1939"' 170 Union Nat BankCommon 600.0001 1,103.201! 28,237,428 100 100,000 Chartered issued Jan. 18, 225 100 550,000 8tock Yards Nat Bk Traders' Gate ( Nev.ld 135"" 100 \share. Per Reno— 295 682,709 /100 1100 100 6,783,359 25,402 Nomt\nal. 78 150 90 100 50,000 400,000 Preferred NEVADA Dec. 31 365"" South Side Bank— Common National Banks share. 107 100 200.000 350.000 r 550,345 249,903 280,093 313,347 130,423 682,787 11,196,643 5,959,9)i 10,008,351 7,136,930 3,950,479 16,589,918 20 15 17 100 80 85 50 48 51 20 19 24 27 100 160 180 100 50 20 19 Commert A Savs Bank Jfc 421,000 400.000 - T e a i A 64,462 183,443 3,202,1521 4,642,4071 by the Transaraerica Corp.. San Francisco, Member First Bank Stock Corp. Sept. 28, 1938. Jfc Preferred stock and common o s Calif. Membei of Northwest Bancorporation. I Last . South Side Nat Bk- 20 20 d Owned stock or capital debentures outstanding. sale^ affiliate. Union Group American National Bank of St. Paul Member of the Guardian Detroit ^ Inc., Detroit, Mich. vattona Hanks new jersey Dec. 31 Capital Surplus & Profits National Banks Institutions State Dec. Dec. 31 Ask Bid Par State new york 31 Gross Deposits 105 companies tkust and banks April, 1939] Capital Institutions Dec. 31 Gross Surplus & Profits Deposits Bid Par Nomi nal Nomi nal. Per $ Per Auburn- share. 981,989 77,007 d Trust Co 222,500 d2.734.760 Camden Trust Co Eait Orangeampere Bank A TrOo 6,622,920 6,348,120 1,350.146 400.000 600,000 1500,000 861,328 396,004 577.447 9,282,622 10,354,268 7,828,112 100 First National Bank. 50,784 200.000 3 y 434 Auburn Trust On_._ d 1,308,984 32,266,019 2 4 BlnghamtonOity National Bank. 1 154 10 3 Brooklyn—Stole B ank& 45 2,911,443 3334 95.600 769,165 Common Preferred 306,254 I (j Elizabeth— Ellsabethport BkgCn d 400,000 66,446 National State Bank dl.294.000 Central Home Tr Co d 500.000 Elisabeth Trust Co.. d 927,592 121,270 32,851 230.758 1,492,264 County Tr Co dl.114.345 240.000 Bank 225.000 5 12 50 2 10 "15"" ..... ..... 1 Klngsboro Nat Bank Lafayette Nat Bank People's Nat Bank Brooklyn Trust Co.. 8.200.000 Kings Co Trust Co.. 20 500.000 500.000 368,164 334 254 2,296,132 no 1,620,857 47,144,871 100 3,533,945 3734 238,272 394,716 Commercial Tr N J__ North Bergen Tr Co. 86,827 3,183,057 28,611 1,140.000 Bergen Trust Co 6 Preferred A .2,006,729 859,490 r30 "16" 5 230.000 15,805 2,964,691 50 100 500.000 7,648,714 7,003,385 1,720,212 9,965,513 25 150 614.56b 352,443 315,121 American Trust Co.. Morrlstown Trust Co 200.000 600.000 849,854 25,240 10 200.000 445,149 100.000 110,723 125 15 50 69,362 386,404 27,319 150.000 Newark 600.000 Franklin Wash Tr Co 884.000 Mt Prospect Nat Bk. Nat Newark & Essex 122.837 1,441,504 1,905.291 600,994 148,309 1,293,946 3.000.000 Banking Co National State Bank 500,000 d Clinton Trust Co 526.980 Columbus Trust Co. 304.000 1,622.500 100 Union National Bk _ 1.075.000 417,888 867.500 300.000 384,071 428,585 New Brunswick Nat'l Bank of N J d Peoples Nat Bk 4 11 9 34 7y 2134 4 34 325,840 12,784,904 2k 56 10 <32 t 250.000 245,000 75.000 "A" Debentures "B"__ Debentures 60 25 25 60 Nat , 2 100 64 100 25 500 525 19 8 10 10 7 105,343 1,786,227 251,017 100,000 42.750 Common Preferred | 32,300 10 100 150.000 485,971 1,186,121 4,052,661 Kingston Trust Co. 550.000 521,365 ,N "l6~" ~18 25 b 14 11 N 25 o re cent 100 ! 10 les r30~ io 100 50 40 1 50 r50 1,523,355 I 362,070 8.736,850 10 25,053,227 1,419,487 25 6 30 4 1,406.247 100 20 20 247.500 City 25 57,152 N 25 100 re cent 100 sa les 100 First National Bk— Bank 680.000 600,000 102.000 294,400 Preferred Paterson Nat Bank— Common 521,277 C51.987 ^54,621 13,693,156 (100 1 60 190 1,219,587 20 2,245,164 60 55 2,062,517 16,872,129 29,852,789 100,000 432,787 5,229,567 139.602 8,534,546 J 10.000.000 750.000 1.000.000 4,000.000 15.000.000 500.000 3.500,000 500.000 825.000 2,000.000 1.000.000 90,.000,000 1,000.000 50.000.000 1,000.000 2.000.000 d BkATr. Corn Ex Bk A Tr Co Corporation Trust Co Empire Trust Co Equitable Trust Co. u BkA Tr Co Fulton Tri =>t Co IooT Fiduciary T* ust Co.. Guaranty Tr, st Co.. 12 Hellenic Bk A Tr Co. 25 575.001 268.137 3,322,102 10 600,000 Second Nat Bank Paterson Sav I not 345,412 13,074,750 /100 533.120 15.531,268 38,229,925 1,074,391 1,318,319 21,293,621 22,495,030 1,185,587 50 20 14.197,113 I I Schroder Trust Co.. 60 Lawyers Tr Co. 50 ~30~ 35 25 65 68 . 50 160 1 793,801 50 < .... Common Preferred 50.000 600.000 Common d 11 i 12 li 594.000 Preferred rl2H c 3 750.000 Preferred \ 25 35 40 50 Bk Prospect Natl Bank. Security Nat Bank.. Trentun Banking Co Trenton Trust Co... 200.000 200.000 1,500.000 dl ,874.000 2,400.439 58,005 67.106 1,180,821 363,440 100 10 3 4 100 15 20 65 70 10 1 Mechanics' First. Nat Bk A Tr Co 542,801 420,400 Woodbury Trust Co. 100.000 405,212 3,215,592 3,121,443 1,650,027 4254 4454 53 59 80,108,923 oy 20 9,072,200 8,566,214 25 1,877,573 50 10 12 11*4 1334 20 51 52 954 100 10 "12H 1334 25 10 100 200 215 247" 252" 100 100 100 10 100 25 37,524,886 18.666.847 7,620.700 d 258.340 750,000 830,300 1,000.000 2.000.000 28,786,621 Jamaica, L. I.— famalca Nat Bank.. d * a 100,000 200.000 87 10 4,319.661 61,254,377 19,038.831 297.683,409 342,440 32,300 3,675.674 70,609,160 268,300 581,500 1.137.352 11,310,420 2.827.027 23,198,431 1.397.983 11,684,587 182808420 1619978 420 444,453 3,049.978 52.935,003 593.282,361 1,617,183 20,754,798 16.000.000 13,271,705 Common Trust Co of Nor Am. 2 / Bank 52 y 5 84 934 1034 26"" "29" 20 h 25 25 3554 5134 434 3754 53 34 4 54 101 98 200 4 11.554.500 100 89.044,984 % 100 1585 554 100 3,367,400 341,900 [» 7.243.132 80 90 1635 100 25 50 5034 7 20 18 100 "io Title Guar A Tr Co- U S Trust Co of N Y dl,000.000 d3.156.000 14,438,099 420,500 451,563 9,252,669 105,908.416 New York Trust Co 12,500.000 27,881,484 362,091.616 4.396,900 142,100 Pan American Tr Co 640.000 2.500.000 5,560,800 115.847.500 Savings Banks Tr Co Underwriters Tr Oo. 50 Trenton— Broad St Nat Bank 18 15 100 60 3,906.600 14.490,921 9,244.520 6 000.000 . Debenture notes.. U S Trust Co— Common 647.921 617,938 32.998.440 145129 357 655,486.078 J Common Marine Midi Tr Co Citizens Trust Co— "2334 Mfrs Trust Co: Convertible pref__ Prospect Pk Nat Bk 16?4 45 Farmers' Co Irving Trust Co 600.000 175,000 1,500.000 1.000.000 Preferred. 413 1534 40 Dec. 1.000.000 Trust Co Federatk Common 31,1938 600.000 162,200 Nap Tr Oo_ Continental o Paterpon— Haledon Nat Bank.. d Nat Un Bk of America d 1,707,800 £28,581,600 ~~25 310,615 £ 7.464.458 1234 date Colonial Trust Co 2 be ay 202. 2,486,092 £29,383,457 500.000 d416,250 returns co. Trust Clinton 4,228,609 1,368,714 1,133,358 17,680,993 3,929,367 403 10 662j 1 214,524 1,000.000 Bankers Trust Co 25.000.000 79,464.116 912,298,546 257,500 22.704.853 Bronx County Tr Co d2,642,500 Cent Han BkATr Co 21.000.000 71,537.029 939.260.374 Chemical Bk A Tr Co 20,000.000 55,632,652 567.760.353 7 record 100 100 5.000.000 Bkg Corp Banco dl 25 a Schroder B'kof Montreal Tr Co 175 and 31/38 32 30 100.270.00ii 135516709 2380486000 13.55 174 168 100 Comm'l Nat Bk A Tr 8,297,693 85,929,000 7,000,00) 100 730 690 Fifth Ave Bank. 500,000 3,741,442 52,066,000 100 1725 1765 First National Bank 10.000,000 109072832 546,875.,000 100 2,052,600 £29,036,100 Grace Nat Bk of N.Y 1.600.000 100 "97" 103"" 247,400 k 5,482,600 Merchants Bk of N.Y 400.000 50 42 46 d Nat Bronx Bank 259,900 k 8,751,200 785.000 22 54 2434 National City Bank. 77.600 .OOO 60,054,940 1860805000 123* 13 34 900,000 A16.519.825 1234 113* NTatSafetyBkA Tr Co dl 014.300 12 10 236,492 k 3,209,637 10 d526,000 Penn Exchange Bank 28 34 9.355,569 132,026,000 1734 Pnblic Nat BkATrCk 7.000.000 Bk of Athens Tr Co. 2 4 Passaic— d 100 Chase Nat Bank Trust 734 100 Bank of Yorktown. Sterling Nat BtT. Trade Bank of N Y.. 824,103 17,534 7,145 127,828 53,733 559,011 les 100 £,425,037 25,800 k 5,889,700 650.001 6,000.000 13,716,436 178,963,000 20,000.000 26,178,211 502,681,000 769,538 k 7,182.220 1,000.000 Amalg Bank of N Y 50 4,611,833 29.928.409 5.375,494 o re cent sa New York City- Deposits N ew York Ci ty banks are repo rted net Dec. are of March 30, 1939. Sur plus and p rofits are of date State banks, a di ridend 1938 for for National and Dec. 31, of banks and trust companies in New Yo rk City and Broo klyn m 201, Secti on, pages 1 97,198,199, 200. found in our "Rai Iway Bk of the Manhat Co 100.000 1,984,863 338,592 100 108,392 Bank Bank of New York-- Weehawken Tr Co 400,000 Huds Tr Co C n City. nl .000.000 Woodcllff Trust Co... d 145.000 1.000.000 350 15 664 394 20 31.762 377,288 134,059 108,468 Plalnfleld— d First National Bk 264.927 Plainfield Nat Bank. 176.00U Mid « Uy Trust Co.. d 100.000 Plainfield Trust Co.. dl,150,000 300 20 <50 2 089,521 2554 100.000 500.000 698.500 Passaic N BkATr Co d2.250.000 10(1 126,677 18 27,605 People ■ Bk A Tr Co. 7,760,464 3,918,419 4,592,365 440,514 2454 25 1,270,740 6,072,739 5,809,899 3,554,402 1023* 200.000 10 142.109 Liberty National Bk Guttenberg Merchants TrUnCity Oomw'lth Tr Un City Gutt'b'g Bk & Tr Co 167,236 455,751 100 250,000 150.000 25 Bank of Weehawken 749,158 500.000 Co r20 5 8 20 1834 Nat Bk of W N Y— Hamilton Trust Co Trust 5 60 1 Preferred... 471.273 North A West Hu dson— IstNat Bk of Un City d 289,283 Co 200.000 400.000 Chautauq Co Bk 6 5 25 ' 45 sa Common National 2,308,019 94,304,622 7.661,085 158,509,919 State of N Y Nat Bk 3 New Brunsw TrCo— A 10 110 51,560,427 146,993 8.334,462 Bank of Jamestown— Rondout Nat 16 8 10,831,568 6.153.3S9 2.500.000 336.300 United States Tr Co. West Side Trust Co. 25 44,587,361 24,597,338 3,122.537 600.000 d 100 1,465,519 9,558,604 7,171,187 1,251,452 8,073,610 1,934,239 133,246 571,623 Fidelity Un Tr Co... dl .250.000 Merch & Newark Tr. Farm 1530 10" 650.000 First N Bk of Rondout 100 2.032.640 33,050.587 151,433,430 16,825,440 3,325,019 3,849,314 11,383,964 Federal Trust Co Woodbury— 743* 69 34 , 100 1490 5,124,736 9,257,529 550.000 Nat'l Ulster County Bank of Kingston Lincoln Nat Bank Nat 54 47 50 100 Kingston- 150 50 2,944,900 1,616,897 Commerce of Flrst-Mech 100 100 155,360 489,471 1.237.51N The First Nat Bank. 50 Holly- Farmers' Trust Go_. Newark— trust _ 100 75 50 100 33»« 20 Tompkins Co Tr Co. Union Union Nat BkATrCo State 31, 1938. 160.700 3,070,600 92,459 3,025,938 55,100 3,122,100 350,400 4,218,400 222.800 8,800,100 341.800 5,810.800 5.734,714 113,620,973 6.335,155 47,429,342 10.930,846 14,895,493 14,547,174 792,000 o Nat, Bk A Tr Co lrst Common Morrlstown— Nat 1938 31. 1,881,459 992,000 770,545 ano.000 Ithaca— First National Bank 50,826,086 r First National Bank. National Iron Bank. Hamilton 5,000,000 <8,000,000 Elmira Bk & Tr Co.. e 15 Long Branch— Bank of 4H 434 Jamestown- Long Branch Bkg Co Mt. Tr Co. Marine Trust Co Elmlra— nhnmuntr Can Tr (V "27" 25 50 2.500,000 _ 50 t banks Dec. 2.200.000 13,731,464 ' Debentures 2,500.000 Llncoln-E Side N Bk d 200.000 Mfrs A Trad 6H 534 31,964,908 / 25 \ 30 1,115,361 100 61,708,012 25 Trust Co of N J— Common 550,000 Common 53 50 Hudson Co Nat Bk— Preferred 925.000 date Dec. *250 100 Liberty Bk of Buffalo Jersey City— 1.250.000 1.600,000 100,000 3,400.000 100.000 500.000 ns 100 Buffalo- First National Bank2.225.000 Franklin Nat Bank.. d 400.000 Common ^tio.ouo Bklyn Hoboken— Seaboard Trust Co_. Bk a Citizens Bk of Flatbusb Nat 2 1 34 25 6,851,711 15,390,207 3,527,359 4,452,313 12,079,766 Tru st Co. retur National Bensonhurst Nat y< 18,574,541 share 100 24,401,694 1234 A Trust Co: Say Inv Union 363,897 136,488 Marine Midl'd Tr Co Bank St 400,000 695.000 Nat Bank of Auburn Camden— FirstCamN atB ATCo d2.177.891 Merchantville Nat'l Sale is $1 par 10 price, t Marine Includes c 10 Corp. N.J, pref. stock of the Realty & Security Co. b 50 Midland Only outstanding stock of People's Bank & Trust Co. of Passaic, Preference stock. security stock. d Common and preferred stock or capital g debentures outstandii g. Contemplated merger of the West Bergen Trust Co. with the Trust Company of New Jersey, both of Jersey City, N. J., approved. Vati nal Hanks new york Dec. 31 State Institutions < Dec. 31 Controlled £ Dec. Nomi nal. Albany— Mech A Farmers Bk_ Nat Com Bk A Tr < $ 250,000 1,500.000 State Bank of Albany d2,870.000 First 'Trust "n dl.980,000 S 1.408,326 5,665,636 4,192,061 507.896 Per $ 3,161,123 77,376,975 99,019.529 83,481.366 share 100 650 100 425 450 100 245 252 50 36 39 31. by Marine Midland Corp, ' 1938. I Last sale. n Consolidation of the Columbia Trust Co. of Hoboken into Trust Co. of Union City approved by stockholders'. 0 Opening statement Feb. 27, 1939. r Preferred stock retirement price. ) the Hudson 106 BANKS National Bank* Dec. 31 NEW YORK Capital Surplus & Profits State AND TRUST Institution* Dec. 31 COMPANIES National Banks NORTH DAKOTA Dec. 31 Gross Par Deposits Bid Ask Capital Surplus & Profits Gross Nomi nal. Rochester— Per share. Lincoln-AUia Bk&Tr . — Fargo National Bk_. I 50 50 53 First Nat Bk & Tr Co e 201,000 50,000 500,000 n 150.000 16,394,208 j 20 7X 587,719 3,879,198 16,480,624 34,682,409 "25 ''jX 80 2,510,468 600,000 1,170.000 e2,260,000 RocfyTrust & SDOo 1.000.000 Security Trust CoCommon 300,000 Capital notes 200.000 Union Trust Co: Common 3,000,000 1,000.000 Capital notes 33,486,501 Jl,139,713 20 J100 90 300,000 750,000 361,355 506,952 1,388,115 7,611,642 7,401,960 15.742,006 1,200,000 900,081 22,095,039 20 Schenectady Tr Oe_. Syracuse — Lincoln Nat B & TCo Merch Nat B & T Co Common 750.000 175.000 J 345,590 64,691,844 1,169,079 . First Trust & Dep Co 10 100 010 1,000,000 1,400,000 Capital notes J 1,144,728 100 9,744,162 I 20 256" 35 38 17 19 I 20 49 896,622 6 ?20 5 3X 29,905,240 U? 11 13 Bank... 6 Troy Trust Co...... KUtica— First Citizens Bk & T e I,551,639 756,692 150,161 175,514 624,400 297,000 21,167,718 i 25 25 11,586,403 6,394,637 162» 50 3,711,002 32,030,158 1,000.000 990,000 II,714.676 600,000 196.000 557.942 400.000 138,189 5,692,785 210.000 Preferred 158,758 4,081,347 1 l2^ 20 4 24 5 6 10 .65 .85 060 Oneida Nat Bk & Tr Common Preferred Watertown— Jefferson Co Nat Bk Watertown Nat Bk— Common Common 464,407 35 o cent les U- Bronxville— Mount 170,419 200,000 350,000 e 164,825 20 11 100 125 100 100 3,496,492 4,320,309 115 135 20 40 2 16 701,867 c 152,524 637,008 12,158,265 3,058,632 6,922,061 10 IX Kn< helle Tr.. el .600,000 77,804 504,850 200,000 350.000 221.666 200,032 20 20 646.000 311,413 31 1 3 20 1,802,638 2,608,745 92,324 115,000 300.000 e 28 10 2,106,165 4,662,613 1,425,381 14.997.668 6 First NatBrnk Huguenot Tr Co.. 22 27 1 Ossining— First Nat & Tr Co Ossining Trust Co... e 20 100 170,000 30,000 23,271 50 1,673,695 50 4,524,265 100,000 500,000 485,000 10 5 10 300.000 38,375 2.744,137 12 J* 2 6 Port 407,410 176,250 e e e 44,647 5,493,387 2,842,453 15 4 8 10 4 8 99,511 8 3:193,346 448,661 235,000 e 3 80,223 98,461 1,805,431 50 10 15" 200,000 1,817,048 100 30 50 792.000 e Tarrytown N B&TrUo 143,370 7,265,546 100 14 18 White Plains— Citizens e 750,000 e 400,000 200,000 Columbia Bk & S Co e 191.750 236,575 145,644 9,642,525 3.035.637 1.556,386 100 Oinn Bk & Tr Co... 6,000.000 6,778,448 79.851.392 100 5.672 ,283 9.861 .330 2,287 ,341 3.376 .765 45.281 .925 Bank e Peoples N B & T Co: Common 5,400,490 f 25 22 200,000 150,000 580,000 1,004,749 14,508,154 20 "25" 350,000 Preferred County Trust Co 532,113 5.609,693 25 20 183,839 \ 25 In Nat Bank first National Bank. 27 e 600.000 208,267 500.000 e 231.000 People's Bk & Sv Go e 600.000 1,155.215 199,841 292,397 1.800.000 1.000.000 3,300.860 948,524 3© Ohio S Bk & Tr Go 500.000 Western Bk & Tr Go el 000.000 Prov 8 Bk & Tr Go. Second Nat Bank 8,089,159 10 68,883 8.306.904 270 90 100 142 147 100 88 95 100 225 50 53 100 10 10 100 10 ""26"" 100 145 153 626.035 7.488 .959 100 140 150 320,826 2,242,719 11,088 .213 73.194 ,059 10 5 100 81 84 95 X 97 M 300,000 e 28 16,750 .069 389,165 4.974,220 100 5.000.000 11,246.020 126,209,282 I 20 Preferred 7,840.000 1 16 Clev Sav & Loan Co 100 250.000 602,276 2,133,266 100 400.000 738,431 Equity Sav & L'n Co 7,226,788 Lorain Street Bank. e 60 484,000 158,609 4,611,365 National City Bank. 20 9,000.000 4,721,303 150,731.730 North Amer Bk Co e 100 190.000 56,538 627,193 5X 220 Common Capital notes Union Bk of Comm¬ union Sav & L Co 13.800,000 14,465.646 316.528,545 13,936.500 e5,000.000 2,962,945 22,447,484 900.000 368,109 2,805,653 250.000 d Branson Bk & Tr Co City Nat Bk & Tr Co Columbus Saving Bk 1,600.000 100,000 Fifth Ave Sav Bk Co b 200.OOO Huntington Nat Bk 63,500.000 Market Exch Bk Co. 200.000 e Northern.Sav Bk 125,000 67,634 1,758,720 143,188 136,826 2,469.068 264.972 83,869 3,279,281 64.000.000 Third NB&TrOo.. Winters N B & Tr Co 200,000 I 295.000 842.000 e 260 5H 7X 024 "24" 26 100 76 82 100 55 62 100 100 2,980 ,141 10 28.310 .830 100 1,685 .155 2,624 .408 b 100 100 53,592 .060 100 3,730 .886 100 1,617 ,472 68,429 .784 b 20 288,517 7.148.419 662.646 14,588,175 718,696 1,500,000 Preferred 'Ism 173 180 62 67 100 32,704,184 1100 \ 60 775.000 J100 *25 "27" 90 e 21 25 40 33'i 832.155 301,377 780,317 2.851,181 17,099,631 2,548,207 12,400,977 89,692,168 578,332 14,547,144 423,657 1,955,611 13,276,106 19,325,630 7,499.568 25 45 "25 152,741 1,000.000 300.000 600,000 5.000,000 50 20 "32" 50 50 37" 60 Youngstown— Dollar Sav & Tr Co— Common 1,250,000 Capital notes 1,750.000 Mahoning Nat Bank el ,623,000 Union Nat Bank 1,250,000 Ctfs 25 95 .... ~t " Commerce-Guard Bk Spitzer-R T & S Bk. of I 10M J 50 100 11 II" '125" Beneficial Ownership Trust Fund 929.213 145 5.000,000 13,750,000 100,288.291 fl'00 2.000,0C0 u~ ... C-2 18 - 20 City Tr & Sav Bk— 750,000 1.243.700 Common 300.000 100 Central Nat Bank— 33" Bank Yonkers 1,306,378 Bk & Tr Co.. Nat Bank.. Nerthside Bk&Tr Go Lincoln Yonkers— Central Nat Bank First National 1,111,535 176,561 668,738 CincinnatiAtlas Ohio Citizens Tr Co_ Toledo Trust Co Rye— Rye National Bank.. Rye Trust Co les "loo 300,000 990,000 457,125 Toledo— Chester—1st N. Bk& Tr Co...... Mutual Trust Co. 2,428,060 18,405,388 3,791,985 10.600,313 e Common Pleasantville— Mt Pleas Bk & Tr Co 311,131 cent 100 e Savings Bank. Preferred Common 14,668,197 First Tr & Sav Bk._ Geo. D. Harter Bank Common 60 Westches Co Nat: Preferred 691,098 o Dayton— Merch N B & T Co— Peeks kill NB&TCo Preferred i First National Bank Ohio National Bk Peekskill— Common N re Columbus— New Hocneiie— Central Nat Bank 'loo Canton— Dime Cleveland Trust Co Common Vernon— First National Bank. e 650,000 Fleetwood Bk (The). e 267,500 Mt. Vernon Tr Co... e3.000.000 200,000 500,000 Capital debentures Amer Sav's Bank Co N re Gramatan Nat Bk & Tr Co Bronxville Tr Co 24,626,447 4,185,035 share. 100 sa Capital debentures Cleveland— 10,431,256 1*25 240.000 16,758,644 1,197,291 94,532 100,000 Common 1 40 500,000 Dec. 31 Firestone Pk Tr&S B Trust Co 5.000.000 Fifth-Third-Union Tr ust Co— 20 112,000 Capital notes Westchester Co— les 490.000 Central 10,132,284 J 20 I 25 sa Preferred Northern N Y Tr Co cent sa Narwood-Hyde Park Troy— Manufactur Nat Bk. el ,400,000 Natlonal City Bank. 600.000 re 25 172,728 1,250,000 Goodyear State Bk._ Common Syracuse Trust Co.. Common 0 100 n Per 200.000 First-Central Tr. Co. 10 I share. N 100 Institutions State OHIO 31 Dime Savings Bk Co Common 100 400,000 Citizens Trust Co— Nat National Banks Capital notes Preferred Per 100 Nomi nal j*30 5,865,665 Union National Bans ' Akron— 45,237,366 331,872 200,000 1 253,590 122,183 204.286 8 2,409.725 1,827,430 6,549,622 3,226,322 1100 Schenectady— Common 162,676 116,872 10 Dec. 900 e prices "lo" Mohawk Nat Bank- Union $ 30 Capital notes Common Nat Bank— 27 294,619 Common Genesee Vail Tr Co.. Preferred $ Fargo— 71,65^,092 | 20 Merch Nat Bk&TrCo 2,800,000 12,201,222 2,392,100 „. Central Trust Co— „ Nom. Dakota £ 4% Conv.Preferred Common Ask Bid Par Deposits Capital notes 5 20 Yonkers Nat Bank & Trust Co— Common 400.000 400.000 , Preferred c 20 National Banks Dec. 31 OKLAHOMA Institutions State Dec. 31 Nomi nal. Guthrie— Per First National Bank First State Bank„_ 175.594 2,540,173 100 95,227 1,291,064 100 N o Nat Bk of McAlester 100.000 3,213,272 2,761,844 re cent 100.001 246,580 278,362 25 First Nat Bk of McA 100 sa 159,371 100 100 100 125 100 125 150 100 150 185 McAlester— Nomi nal. Asheville— Per First Nat Bk & Tr_. Charlotte— Charlotte Nat Bank. Commercial Nat Bk. Union Nat Bank 200,000 American Trust Co._ Durham— Citizens' Nat Bank. 467,808 11.650,257 6,576,059 63,825.823 20 4,793.380 578,882 560,077 ? 150,000 500,000 1,134,196 50 SO 100 205 100 210 250 ,100 275 , 100 72 300,000 100,000 214,000 K Greensboro— Guilford Nat Bank— Security Nat Bank 191,054 370,806 4.188,969 10 12,443,468 10 "ilx 16 790.000 1,358,380 19,155,184 25 70 75 20 2,030,580 5,780,642 2,046,049 1,017.245 - 80 19 21X 25 id" 45" 25 m 25 27 H — — Wilmington People's Sav Bk & Tr Wilm Sav & Ti Co.. se e 171,500 300,000 127,478 755,636 2,740,142 6,538,217 25 35 10 30 30 19,448,890 f 100 250 275 35 Wilson— Preferred Nat Bk of Wilson-.. Winston-Salem— First National Bank. Wachovia Bk &Tr.. Fidelity Nat Bank.. Liberty Nat Bank.. 200.000 e3.900,000 j 1,308,407 160 221,526 3,311,125 25 90,204 2,557.973 3,285.702 82,136,894 10 100 5,973,927 53,201,117 7,027,321 20,099,727 1,413.524 16,120.989 1,035,080 100 125 160 100 100 125 32 5.000.000 450.000 e 1.200.000 100.000 Oklahoma Nat Bank Tradesmen's Nat Bk 500.000 Stock Yards Bank 50.000 0160 10 25 50 50 27 75 100 175 225 100 100 125 Tulsa— c2,364,981 51,548.822 20 30 125.000 175.000 350.000 284,252 6,648,836 20 25 56,729 4,910.783 20 2.500.000 1,125.000 857,019 62,436.653 10 14,789 360.041 ion 2.000.001 Common Nit Bk of Oom'erce. e 20 15 N it Bank of Tulsa— Common Preferred West Tulsa State Bk 400,000 324,960 100,000 283,846 3.424,002 295,664 969,290 48,632 417,498 25,085 e Preferred Branch Bkg & Tr Co Common 200.000 First Nat Bk & Tr Co Fourth Nat Bank— Raleigh— First Citizens Bk&Tr 402,990 2,716,561 3.804,668 4,981.569 Oklahoma City- 55 25 476,103 400,000 Commercial Nat Bk First Nat Bk & Tr Co First Nat- Bk & Tr Co 1,531,758 12,468.414 125 150 100,000 300.000 City Nat'l Bk&Tr Co 200,000 800,000 ? c les Muskogee— Citizens National Bk 57,120 1,273,062 166,074 434,829 104,264 68,302 200,000 Durham Bk & Tr Co Home Havings Bank Mech & Farmers Bk- 3.294,151 410,000 ? Fidelity Bank Depositors Nat'l Bk. _ 176,712 600,000 300,000 1,200,000 J share. share. 100.006 75.000 J2.5 25.000 b Member of the BancOhio Corp. c 0 n s 27 20 t Toledo banks on a price 116" range basis. Sept. 28, 1938. 31, 1937/ Common and preferred stock or debentures outstanding. Retirement price. < Controlled by Marine Midland Corp. Member First Bank Stock Corp. Branch of Smithfield, N. C. d Dec. e 23 National Bank$ Capital Surplus & Profits Institutions State OREGON Dec. 31 jug*«M PENNSYLVANIA sla"£c'Tition' Dec. 31 Gross Deposits Portland Tr A Sav Bk United States Bank - 100 3,000.000 300,000 5.734,194 103,056,904 4,393,330 451,954 100 4.500.000 First National Bank- 5,822,051 120.956,352 20 100 Nat'l _ share. Per $ 7.362,716 Bank 200.000 Preferred 90 125,000 7.500,000 Common 141,625 108.375 200,000 Preferred Nor Side Pitt Deposit Bk National 4,078,173 s6,910,512 295.112,102 Allentown Nat Bank Bank.. Nat 1,632,281 2,178,401 1,373,891 904,454 1,000,000 1,000,000 450,000 500,000 Merchant Nat'l Bk. Second share Per Lehigh Vail Trust Oo 100 140 25 40 155 45 10 20 22 100 13,210,718 8,484,913 5,575,113 7,274.393 100 120 200,000 50,000 2,000.000 1.000.000 Western S A D Bank d 495.000 illegheny Trust Oo. 700.000 Colonial Trust Co d3.742.300 Oom'wealth Trust Co 1.500.000 150,000 293,900 250,000 263,390 249,300 Common... Preferred Central Trust Oo 307,549 446.041 4,146,585 i 10 276,203 2,716,359 100 312,372 _ 1,202,488 13,951,884 634,092 8,097,306 3.978,302 13,498,698 I ioo 10 100 100 6623 Preferred Union Bank 300,000 736,350 200,000 (The)., d 1,537,269 158,380 Capital Bk & Tr Oo. Harrlsburg Nat Bank Central Trust Co... Citizens Trust Co 849,352 913,377 32,274 1,317,366 1,435,297 400,000 Dauphin Dep Tr Co. Harrlsburg Trust Oo 433,392 400,000 400.000 125,000 a50 7 12 5 2,967,979 4,763,962 8,296,187 1ft 11 25 80 4.676,187 50 71 1,045,322 13,446,174 10,974,875 5ft 14 20 100 400 420 400,000 600,000 625.000 10 Common.. Preferred Northern Bk a Tr Oo 796,725 „10,893,858 983,868 .11,210,812 424,642 8,649,355 300,000 1 Fulton Nat Bank Lancaster Co Nat Bk d Farmers' Bk&Tr Oo 439,209 6,550,461 100,000 25 27 133* 10 10 Tlx 1,835,182 10 55,380,008 9,344,241 10 303* six 50 22 24 9,940,036 107,511,901 20 44 45 3.939,612 84.728.732 6f 36 40 100 105,000 i Preferred 95,000 250.000 200,000 . North Broad Nat 'l Bk Northeast Nat Bank Northw'n Nat bk— Common 186,834 186,146 275,000 1 225,000 Preferred Philadelphia Nat Bk 14,000,001 Roosevelt Bank Second Nat Bank— d 300 305 "26 "28" 100 270 285 10 50 52 1,972,636 if 4 5 2,114,657 1( 10 3.576.501 5< 500.000 650,000 d | 25 i 50 j 655,755 72 15 21 24 50 \ 172,996 2,464,119 50 35 40 100,000 1 400,000 755,273 4,775,326 26 45 50 1,000,000 100,000 j 896,819 16,676.745 25 42 44 250.000 556,860 2,944,625 25 150,000 \ 184,375 162,085 1,925,134 25 3,398,972 Bank a Trust Co. Broad Street Trust.. Chestnut Hill t & Tr Citizens & So b & Tr Fldellty-Phila Tr Co Finance Oo of Pa Frankford Trust Oo. German town Tr Co. Glraid Trust Oo Industrial Trust Co. a25 lol 3* 1053* 26 1st 25 Common ________ Preferred a Tr Oo 119 15 • Provident Trust Real Est Tr Oo Security Bk a Tr Co. Sonsitaly Bk & Tr Co Preferred. i. Wllkes-Barre— first National Bank Hanover National Bk d Miners Nat Bank Second Nat Bank.. — — — 65 1 2 100 175 185 30 45 50 88 92 100 310 320 25 21 23 50 65 70 25 750.000 1,428,511 139,179 6,052,207 2,666,936 200,000 2,500.000 1.000,000 500.000 607,096 600.000 667,685 250,000 Bank Wllilamsport N Bk. 208,460 367,072 250,000 225,000 Wast Branch Bk & Ti York— 486.167 250,000 In 186,390 190.000 8,987,295 1,278,699 23,432,244 15,307,823 4,226,086 7,831,632 50 73* 10 10 2,508,807 4,691,669 5,012.035 20 25 30 10 20 23 2,037.222 10 3,226,935 667,311 8,004,118 1,651,968 4,343,549 6,339,336 10 00 "213* "22 H 10 15J* "ll'X 18 163* 1923* 195 58 563* w 73* O 100,000 342,373 29,246 500.000 625,653 125,000 191,439 Nat Bank. York Co Nat Bank- 225.000 512.921 York N Bk & Tr Co Cuardian Trust Co. 300,000 500,000 500.000 904,380 537,062 4.872.329 25 35 36 780,280 4,006,163 25 563* 58 750 ooo 1,266,710 7.645.611 10 16 163* 150.000 ■ 1 10 100 20 65 1 123 m m m m 8 12 Preferred 15 276 135 142 Newport Nat Bank.. Newport Trust Co.. 35,510,131 Blackstone Can Nat. 16*| 61** 8 107.100 92,900 120.000 Preferred 2 884,210 2,890,788 1,361,704 500.000 30,940,653 11,596,962 6,616,632 19,433,920 12,860,269 7,479,339 [ 4 7 2X 150 4.382,339 25 76 1,813,910 7io 8 81 33* 1,694,079 218,765 5,037.056 50 50 Providence Nat Bank Industrial Trust Co- 50 24 27 Lincoln Trust Oo 73* 545 560 91 96 10 "l20" {25 8,365.329 450.000 918.960 3.226,273 12,227,257 1,500.000 2.550,585 4.000.000 10.284,929 112,078.287 850.000 Phenix Nat Bank 38 50 11 alo 110 125.000 176.368 2.952,732 5.000.000 12,186.197 1.000.00' 1,231.957 Onfon Trust Oo Woonsocket— 30** 52 348 100 25 51,306,662 *100 41,264.967 1000 100 23,423,745 100 565 000 163.324 3.212.611 3*5.000 250,000 188,398 228.740 800.000 127,157 150.000 50.422 100 5,297,368 3,854,946 plOO 9,811,219 /100 100 1,242,810 "77" 120 285 170 33 l77~" 2050" 2250" 135 /100 .. 58 100 1,799,455 100 ""69" 313* 100 833,609 2.500.000 Rhode I Hos Nat Bk. Rhode Isld Hos TrCo 19 15 25 150.000 34 100 74,712 230,122 Preferred 10 63* J 350.000 \ woonsorket Trust Co 8,400,000 16,881,286 232,111,777 1,155,561 750,000 781,726 3.200,000 12,543,175 48,908,303 1,500.000 2,366,312 10,038,396 274,707 300,000 3,269,600 27,562 125,000 879,479 a25 60 100 50 Common 50 10 554,119 2,955,353 share. 35 (25 125 Mechanics Nat Bank alO ' 3,750,000 15,610,256 7.350,000 1,246.108 1,000,000 623,335 1,500,000 58,240 514,490 1,055.587 500.000 Common High St Bk & Tr Oo 1 5 6,139,861 Oolumbus Nat Bank: 7 10 288,339 Providence— 44 X 433* 153* 60 M 400,000 \ 210.000 120.000 300.000 Common 14 10 271 Per Newport— iquldneck Nat Bank NatBank of GomATr Nor Phlla Trust Oo. Penn Oo for Insur on Lives & Grant Ann Tr & Safe Dep Co. Penn w'h'gASDOo »— rnmm ""58 " CD 63* 10 •1,210,608 Mitten Bk & Tr Co Ninth Bank & Tr Oo d2,221,990 Northern Trust Co.. 500,000 . 25 93* • '"4-X Land Title Bk & TOo Liberty Title ----- " Nomi nal. 100 4,733,369 42,818,266 2,776,577 373* 50.899 1,747,487 20 475,670 400,00( 1,499,247 50 250.00' 125,759 529.231 100 16,859 125,000 g 100 6,700,00' 16,866,232 114,423,224 987,367 100 2,320,000 7,255,028 10,854,083 10 1,609,479 60o.uo( 20,973,439 10 2,154,153 1,400.00' 10 4.000.00' 10,897.843 108,344,749 11,650,868 10 997,745 dl,132,250 3,300.00( 300,00( d 995,973 2.000.000 3,000,000 preferred 2d preferred 6 73* Integrity Trust oo— Common 75 26 * astern 15 20 2,875.878 Tradesmen'sNatlonal Wyomlng Bk a Tr._ *163* 10 First National Bank 70 30 *11 1° i 5 10 Indus N B West Y K 67 63* ) 135,868 Common. Preferred Drov A Mech N Bk. Eastern Nat Bank- 5 8.056.502 1 63,089 405.336 200,000 Cent Nat Bk A Tr Co Common 4 14 *53* *63* 963,435 Vnrk Trust Co ' 75 2,795.730 300.000 n First National no 25 20 2,355.000 121.967 200,000 1 100,000 Preferred Tioga Nat Bk a TrOo 3,070,282 50 Wllilamsport— 50 26,225,987 434,448,142 269,818 Common. Preferred South Phila Nat BkCommon 148,000 50 ----- 34 32 d Dep & Sav Bk. Wyoming Nat Bank. 100 72,966 i Bank.. Nat Bk— W-B Nat'l Bk of Olney— Common 63* 10 50 68 200.000 300.000 ___ Corn Exch Nat Bank 400,000 100 100 Penna Trust Oo— 237,835 NatBkofGer&Tr Cc ----- 6400 100 6100 50 4.050.000 Preferred West Side Bank (45 I 102 2,857,925 9,259,053 31,856,683 14.247,773 ----- 70 100 — — — 23 30 Preferred /55 50 331,112 4.357,608 2.023.016 85 1,290,264 63,549,705 1,397,019 200.000 South Side Bk & Tr. Third Nat B & T CoCommon 7,198,400 Kensington Nat Bk. dl,129.766 Market St Nat Bk_. 1,000.000 28 53* 5 100 196,776 4,966,504 141,421 319,686 42,542 666,850 1,340,137 454,728 2.378,893 1.170.300 Co.. Ridge Pank Comm 300,000 126,060 5,506,672 96,199 150 100 25 18 300.000 Scranto Philadelphia— & Trust Co 4.550.000 Erie National Bank. d 460.000 First National Bank. 3,111,000 Glmbei Bros Bk a Tr 200,000 mmm 10 North Scrant Bk A Tr Oentral-Penn Nat Bk 3,040.000 City National bank. dl,100,700 299,534 60 55 mmmm 7,054,487 20,511,188 4,225,061 17.106,675 1.000.000 1.800.000 Jreen 67 3* 20 1 — — 82 20 Providence 20 i - rnmmmmm 80 Scranton State Bk First National Bank. Lanoaster— Oonestoga Nat Bk.. rnmm 80 50 Reading Trust Soranton— 50 25 — 90 25 Oity Bank & Tr Co._ 50 Harrlsburg— 396,510 300,000 300,000 - 80 2,456,321 £ Allison-East End Tr_ 36 50 100 mm 155 mmmmmmm. 22,502.358 Union National Bank Berks Co Trust Co.. OU 67,324 ----- mmmmm 150 Reading— 15 Security-Peoples TrCommon mm 383,651 250.000 fl Co.. Potter Title A Tr Oo d Provident Trust Oo. 9outh Hills Trust Oo 14 "98" 15 m, 152.873 Tr 12 a25 65 50 50 — — 65 50 100 100 — 10 1,257,029 1.320.000 2.000,000 10,636,568 119,966 People's-Plttsburgh 10 142,498 734,944 58,638 137,555 280.217 40 ,449,615 000,000 11,120,329 875.000 428, 37 r; 7 ,283,092 ana ^ 1 ,972,033 150.000 250,408 1 ,828,834 378,376 125.000 Union Trust Oo 1,500.000 C95873.986 253 ,094,073 6 ,937,010 500.000 1,327,822 Washington Tr Co.. West End Bank 1 ,762,884 182,339 200.000 William Ponn Tr Oo. d 2 ,102,000 94,500 175.000 Workingman's Savgs Bank A Trust Oo. 1.120,952 9,825,112 400.000 6,072.510 j100 iioo Bank of Erie 200,000 First National Bank, dl,160,000 Lawrence Park n Bk 50.000 Marine Nat Bank dl,282,000 Nat Bk & Trust co. 300,000 25 1,754,343 10,787,039 994,902 1,297,757 30,457,064 34,343.498 3,914,396 6,208.836 33,084.881 19,338,928 2,556,314 100 100 50 100 Bank A Trust Oo. Preferred Altoona Trust oo— 1,965,044 125.000 fidelity Trust Co... Manchester Savings Altoona— Common 58,670 25 Bank Oermont S At T Oo. farmers Deposit Tr. First Nat Bank— — a50 50 163,848 676,162 111,982 157,736 4,057,151 5,503.899 446,365 914,377 2,009.733 2,481,053 i Union National Bank Union Savings Bank. Nomi nal. Allentown— share. 100 251,644 \ 700,000 Bank. 62 50 Polithania State Bk. Sberaden Ask Bid Par Per Mellon Nat Bank Nat Bank of America 35 33 X Gross Deposits Nomi nai. (Concluded.) Keystone Nat Bk— Common 185 172 85 Surplus & Profits Pittsburgh nal. Nomi $ 368,995 $ 200,000 Eugene— First National Portland- Capital Ask Bid Par 107 TRUST COMPANIES AND BAMS April, 1939] 355 50 243* 10 50 27 50 40 50 263* 5 25 6 - - - - - Nomi nal. PittsburghAllegheny Valley Bk. 200.000 Arsenal Bank 100.000 Bank of Ohio 200,000 Savings Bank Farmers Deposit Nat First National Bank First Nat Bank & Tr Co of East Pitts. _ Forbes National Bk. Fourteenth St Bank. Freehold Bank Hazelwood Bk 902,719 Bank 3,046,350 1,337.810 649,262 10,925,402 5,600.747 54,532,165 6.000.000 10,703.715 89,291,165 6.000.000 6,417,766 100,130,032 300.000 420,094 500 532,011 zz. 615 600 200.ouu (The) Hill Top Bank Home wood ) 106,283 500,000 Valley. Braddock Nat Bank. Dollar 200,000 200.000 g 241,299 974,778 193,694 462,489 5,124,667 9,011,405 3,259,263 648,480 1,298,263 2,350,199 10 2 100 A: Tr. d Nat Bk of So Dak— Northw'tSecurNatBk d Union Savings Bank. First Nat'l Bk 95 (5) 100 1.00 155 100 175 100 * 175 95 50 50 175 Pittsburgh Preferred g 70 100.000 139,780 1,578.370 50 20 455.383 4.489.155 100 125 retirement price. c March 25, 1939. preferred stock or debentures outstanding. Sept. 28, 1938. k Stock all owned by Rhode Island I Last 172 700 stock / Member of Northwest Bancorporation. 5 5 50 a d Common and rnmm 10 Sale price. b A mutual savings bank. at Iron & Glass Dol s»v Per Sioux Falls- 223,073 263,831 50 Hospital Trust Co. sale, n March 7, 1938. p Affiliate of the First Bank Stock Corp. share. N o re cent sa les 108 BANKS AND TRUST COMPANIES National Banks Dec. 31 NaXc!Tk' SOUTH CAROLINA stateiT%1,k"" Surplus & Profits Capital Surplus & Profits Gross Par Deposits Bid Capital Ask State Institutions Dec. 31 TEXAS Cross Deposits Par Bid Nomi nal. Charleston— 700,000 200,000 50,000 Miners & Merch Bk. South Caro Nat Bk— Common Preferred 8 666,919 227,635 43,628 8 Citizens A Sou Bank Q Carolina Sav Bank-. $ Per 17,263,624 5,617,757 454,295 1,100,000 1 1,200,000 J 963,279 200.000 35.000 144,031 243,833 5.341,624 1,350.105 250,000 200,000 _ a 567,799 6,687,600 4,672,447 10 100 100 35,112,573 (100 lioo share. 14 14* Lower Main St Bank 10 Common 6 7* Peoples Nat Bank 535,524 | 105,182 1,182,266 10 9* 25 National Bank ofFort Sam Houston... Per 5,770,021 (100 1100 23.112,360 100 share. 92 99 200 250 elOO 100.000 Oommon 121,878 1,785,578 4.091.021 100 330.085 4.087,888 100 t 250,000 < 84,073 400,000 300.000 San Antonio Nat Bk South Texas Nat Bk- 307.809 480.835 90.078 8.369,963 9,972.328 910.751 100 185 50 77 mmmmm 185 100 mmm 50 Waco— Qreenville— First National Bank- 120 000 <1,000 000 Preferred 100 $ 350.000 — Nat Bank oi Oomm Columbia— First Nat Bk of Col. San Antonio (Con cl.) $ Groos Nat Bank- 95 95 Ask Nomi nal. - 20 55 58 10 25* 28 Spartanburg— Citizens' Nat Bank. < First National Bank National Oltv Bank 890,000 * on nno 195 80 80 100 Com'l Nat Bank— 160.000 Common 40.000 Preferred | 73,399 (20 2,954,094 25 National Banks 120 National Banks Dec. 31 TENNESSEE State Institutions Dec. 31 Chattanooga— 025.000 1,079,285 100 10,500,137 190 Nomi nal. 200 Commercial Nat Bk: Common — Preferred Hamilton Nat Bank. 325,000 I 410,918 325,000 <2,700,000 1 374,315 10,536,034 (100 U00 100 44,841,405 150 135 129,450 1,291,645 544,660 100 1,352,537 2,982,537 6.25 100 26,223,305 100 12,019,207 1.000,000 1.000.000 50.000 I,928,418 2,256,417 87,107 42,968.126 31,291,025 1,370,283 295 300 100 210 230 3.500.000 4,899.662 66,317,182 10 27* 28 * 57,753,568 10 14 14 * 50.000 Oomm'l Bk & Tr Co. i 200,000 HamiltonNationalBk { 925,000 Park National Bank. 1.000.000 58.236 Nat Bk of Commerce State Savings Bank. Union Planters' Nat'l Bank & Trust Co. Nashville— American Nat Bank Common Preferred-- 3,000.000 II,461,054 3.500,000 300,000 598.998 1,000.000 894,935 Broadway Nat Bank Commerce-Union Bk Nashville Trust Co— Common 500,000 I 1.133.300 - Preferred Third National Bank 855,934 1.000.000 1,358,210 100 8 9,302,254 (100 1100 100 27,633.506 i 750, HH! 1,000,000 300, MX 1,500,000 TEXAS Dec. 31 National Banks 17 19 (5) 105 110 240 250 i 487,051 430,159 676,750 Capital Nat Bank— Capital stock 125,000 75.000 Preferred stock Beaumont— American Nat Bank. First National Bank. Semr St Bk <fc Trust < J 134,642 400,000 400,000 200,000 566,381 < 190 115 125 722,567 29,223.406 105 112 State J100 Institutions Dec. 31 share. c 500,209 226.253 204.500 165.876 491.500 6,812.939 6.419.367 882,388 3.386.227 100 <1.085.961 697,144 486,085 77,281 405,688 < 407.500 116.982 2,498,869 100 150.000 1 180,000 199,158 2.749.838 1100 100.000 108,337 224,312 2.232,298 20 1.346,499 100 279,259 135,234 2.922,535 10 1.077.302 100 N 0 re cent 240,570 3,026,060 (100 sa 'es 152.145 2.071,742 < Montpelier— Capital 8 B A Tr C< 000.000 150.000 100 100 io6~" 75 100 100 N 40 0 re cent 100 les sa First National Bank < uoo 614.951 150.000 Fillington Nat Bank 100.000 "25" "36" Rutland Co Nat Bk: 100.000 1 125.000 ( 252.500 < 1100 100 slOO 100 N 100 100 182 100 200.000 Chittenden Co Trusi HowardNatBkATrCe Merchants Nst Bank Burlington Trust Co Rutland Trust Co— 3,712,158 J100 1100 6,182.518 113,170,506 64,419 1,722,283 95,372 100 3.608,580 2.641,176 1,947,486 Common-.Preferred 100 846,024 170 180 I 210.000 People's Nat Bank(Juarry 8 Bk A Tr Oc Burlington— 100 10,387,411 13,316.030 2.336,993 160 172 Nomi nal. Per share. Monfcp'r 8 B A Tr C< Rutland— 100 13,870,406 16,365,557 75 100 Barre— Sranite S B A Tr Co PlementNat Bank— Per 300,000 60 100 VERMONT Dec. 31 Montpelier Nat Bank Nomi nal. American Nat Bank. Austin Nat Bank... 100 100 310 Institutions Dec. 31 Austin— 13.795.646 17.960.994 16,492,022 14,407,006 2.977,755 309,000 Preferred State 100 240 Common National Banks 7,047,483 19.378.487 338,027 922,944 853,066 1,085,857 232,796 750.009 < share. 119,034 1.327,686 900,000 < Capital notes 9 230 20 10 510.000 <1,000.000 Common 145 \ 100 5,647,837 22,215.551 < - 136" 135"" Memphis— First National Bank. Per Commercial Sec Bk First Security Bk NA Salt Laks City— Jontl Nat Bs&Tr Co First National Bank Utah State Nat Bank Z ion's Sav Bk A Tr Utah 8av A Trust Co Walker Bk A Tr Co: 305 100 155 Knoxville— Bank of Knoxville Institutions Dec. 31 Ogden— Nomi nal. Per i hate. Amer Tr <k Bkg Co.- State UTAH Dec. 31 o National Banks rec ent sa Stale VIRGINIA Dec. 31 Institutions Dec. 31 lea Dallas— First National Bank. 8,000.000 25,000 Hillcrest State Bank. Liberty State Bank: Common 250,000 82,700 Capital notes Mercantile Nat Bk— Common } 170,784 RepublicNat Bank.. 1,200.000 11.088,055 800.000 4,000,000 4,006.071 Nat Bank of Comm. Dallas Nat Bank 150,000 1.000.000 Preferred 369.815 920,173 20 5.282,924 (100 31,535,303 J 20 x51 20 A 38 39 50* 100 45 47"" d 100,000 53,600 Capital notes Texas Bank & Tr Co: j 107,411 125,000 1 69,000 Common 2,428,591 I 20 2,428,893 300,000 300,000 453,812 1,480,164 11,173,910 100 22,743,241 100 i Continental Nat Bk 750.000 First National Bank. 1.500.000 Ft Worth Nat Bank. 566,523 1,031,755 15,457,343 34.974,447 60 65 70 20 40 42 41,659,830 I 20 42 44 110 130 El Paso— El Paso Nat Bank-. State National Bank Fort Worth- Common 1,500.000 12,351,757 750,000 15,420 c 9,532 Preferred Fraternal Bk & Tr Co Union Bank & Tr Co Galveston— j 20 First National Bank. 1,235,356 100 448,541 363,313 15,505,633 4,780,788 U 8 National Bank— 477,755 820,661 600,000 i Loan Bank 250,000 202,252 500,000 Preferred 100.000 52,893.582 (100 6 100 3,568*119 33,498.022 18,088,794 1,868,221 152 .'SB 5 I 355 150.000 175,005 75,073 2,545,355 2,697,871 10 10 7M 219,066 83,234 206,861 5,878,418 1,187,683 2,831,552 50 N 963,558 1,027.380 c 68,335 3,552,642 128,272 11,152,785 21,304,426 1,250.000 1.700.000 200.000 100 240 250 100 119 121 25 35 35 * 10M 11* 100 PetersburgCitizens Nat Bank— i 200,000 276.000 < 500.000 Trust i 250.000 449.000 Oo_. Merch A Farmers Bk 10 . 10 o 100 re cent 100 sa les Richmond— Bank of Comm & Tr 600.000 Central National Bk_ 1,000,000 Consol Bk & Tr Co.. 80.000 3,000,000 20 38 20 10 28 780.621 67,994,330 2,182,622 100 11,255,738 49,594,414 r i2u 3,655,739 4,143,106 5,568,071 25 <1,000,000 399,639 198,318 946,845 500.000 373.091 50 70 First Nat Exch Bank 1.000.000 1,570,915 388,535 5,973,844 25,795,068 100 100 225 State-Planters . 200,000 20 40 30* i "48" "49" Bank • les Preferred Sav Bank A Tr Co Southern Bk & Tr Co 16 17* 1100 200,000 "73* 15 25 50 67 M 71 Roanoke— 20 Jl,962.071 251.218 628,027 3,061,524 100.000 300,000 512,666 882,736 1,043,788 76.490 Virginia Trust Co 37 20 106,691 513,451 95,939 < 120 J 100 Oolonlal-Amer Nat B cent 110 1 — Common o sa 100 13,321.429 I 131,800 I 153 & Trust Co: N 50 y 352,510 -. Mech & Mer Bank- City National Bank: Common . First & Mer Nat Bk- 100 5,733,680 60 250.000 2,500,000 1,500.900 Citizens 100 9,435,445 10.731,827 4,323,960 3,775,218 Portsmouth— HoustonCitizens State Bank 566,576 355,457 Com'l Tr & Savs Bk: Lynchburg Tr & 8 B Norfolk— Merch A Planters Bk Nat Bk of Commerce 100 750.000 600,000 500,000 People's Nat Bank Depositors Industrial American Nat Bank. re Bank__- 100 Trust Co Petersb Sav & AmTr Hutching8-Sealy National 33 10 81,808 200,000 200,000 City National Bank. 32 1 20 390.249 225,000 i 7,792,599 Southn Bk of Norfolk 40 78,702 Capital notes 491.659 Seaboard Citz N Bk_ Oak Cliff Bk&Tr Co: Common Tim 215 20 1,000,000 Lynchburg Nat Bank 40 \ 100 72,739,122 6,297,506 23.094,210 Aro minal Per shar e 1 Lynohburg— First National Bank- 40 Mountain Trust Bk 800 non 5,270,359 90 First Nat Bank— Common / 3.000.000 .- Preferred 1,740,000 160 uoo National Banks elOO Dec. 31 Houston Nat Bk— o Common Preferred - Second Nat'l Bank.. Nat Bank of Oomm State National Bank Union National Bank South Texas Com¬ mercial Nat Bank. 632,500 l 382,157 367,600 1.000,000 1,638,477 <2,875,000 4,188,078 433,602 <1,000,000 1,000,000 1.400,000 14.017.519 (100 100 270"' 285"' 45,110,642 330 9,584,526 100 100 31,789,623 100 215 230~ 46,935,386 100 100 100 100 290 305 1,500,000 200,000 2,062.500 230,555 Guardian Trust Co.. 600.000 992,863 <1.500.000 519.591 7,784.659 5.719,242 111,846 6,492,608 (100 103.628 342,000 I Common 308.000 Preferred Port Arthur— First National Bank. Merchants Nat'l Bk Ban Antonio- 340 '156"" 73 "80" 95 539,855 314,557 500.000 912,500 J 843.301 5,649,123 3.894,436 Preferred.. Bexar Co Nat Bank— Common 200.000 Preferred 92,800 Sumitomo B of Seattle University Nat Bank 625 100 1 .200.000 J 142.713 1,281,537 18,657,714 (100 1100 2.685.868 50 145 155 45 52 400.000 550.000 Pacific Nat Bank Peoples N B of Wash 100 - _ "206" 35* 153 - 160 30 33 ' 109,761 155,709 539,301 2,079,650 5,890,313 7.615.347 100 m - 20 24 50 60 m 65 t Stock of South Texas National Bank of San Antonio, Texas, all held by Central Securities Co with exception of directors' qualifying shares. Member of First National Corp. First Security Corp. Member of c Sept, 28. 1938. d Par value of the capital stock of the Oak Cliff Bank A Trust Co. of Dallas, Texas, reduced from 8100 to $20 par, I'rHferred s (■:>«-it uriee r«" / Member of the Marine Bancorporatlon. X JjBSt sale. * 0 e50 230 share. 34 Common {Affiliated and preferred stock Southern Nat. Bank of Atlanta. Ga. with the Citizens vv outstanding. 50 36.996,615 5,923,887 147,396,620 a 20 73,889,140 f 25 3,733,174 100 22,891,386 1,515,046 20 26,156,935 872,871 2,500.000 2 600,000 1,350,000 200,000 e Common. Per Nat Bk of Commerce b 100 Alamo National Bk: Frost National Bank Nomi nal. 8,000,000 a 1100 100.000 200.000 Institutions Dec. 31 Seattle— Seattle—First Nat Bk Seattle Tr & Savg Bk 155 San Jacinto Nat Bk- State 105 1125 30,524.735 Fidelity Trust Co— Houston Land & Tr 90 WASHINGTON Controlled by the r Member Peoples Corp. Ex-dividend, u Rights. x Joseph F. Meyer interests, " April, 1939] AND BANKS National Banks Dec. 31 TRUST COMPANIES National Banks Dec. 31 WASHINGTON Sta"^!Tom Capital Ask Bid Par Deposits State WISCONSIN Gross Surplus & Profits 109 Capital Institutions Dec. 31 Gross Surplus & Profits Par Deposits Spokans— $ First Nat Bk in Spok Old N B &UnTCo. Common a $ 'Per 8 96,381 500.000 Nomi nal. share. 40 100 6,288,547 45 J 721.349 20,626,761 450.000 200.000 634.137 Nat Bank of Wash.. al.415.000 942.614 242,200 Preferred Washington Trust Co Milwaukee (Concl. ) TeutoniaAveStateBk West _ 550,000 (0.90 1100 Ask Bid Nomi nal. 1.05 Side mm 7.935,744 100 100 25 66,887 887,986 328,227 1.000,000 6 647.512 Per 2,100.532 4,801,923 4,487,893 4.501.913 20 150 20 share. 7 6 100 33 mmmmm 21,390,206 $ 400,000 300,000 Wisconsin State Bk. First Wise Trust Co. 100 $ $ 466,700 Bank 200 36 100 •' " Tacoma— Pucret Round Nat Bk a 760.000 5.897.410 140 150 16 18 m'Tc'.irk' WYOMING Cheyenne— Per American Nat Bank. 250.000 Stock Growers N Bk. 3on.noo 306,570 288,911 6,331,582 8.265,165 share. 100 100 Nomi nal. Per share. Charleston— Charleston Nat Bk: Common 1,062,500 11,439,762 550,000 600,000 371,950 1,000,000 1,332,168 200,000 100,629 500,000 277.841 Preferred Kanaw haBkg&Tr Co Kanawha Valley Bk. Nat Bank of Comm. Centra) Trout Co Huntington— First Hunt g Nat Bk 1,000.000 al22,000 Twentieth St Bank.. Wheeling— Center Wheeling Sat Citizens s 1,190,000 30,919 19,440,279 J I 5,296,511 17.771,266 2,964,968 408,319 25 40 o 100 cent 100 les Returns are all of Jan. 31,1939. Prices are per cent, not per share. 100 15,589.000 1234 50 878,998 Ik* 18* 65 50 150,000 96,562 1,137,183 100 600,000 570,763 4,773.689 100 449,605 500,000 600,000 100,000 300.000 104,276 624,077 512,731 143,339 756,049 1,711.902 4,679,011 4,714,222 1,111,845 4,921,023 100 100 100 105 100 95 100 295 1.800.000 Mutual Co Canadian Bank Statements 100 2,715,021 17.129.173 100 137 a Tr — Half Dollar Trust A Sav Bank a Nat Bank ofWVa.. Nat Exchange Bank. i Bo Bide Bk & Tr Co. Trust Co.. Wheeling Dollar 8avs Security A Trust Co National Banks Surplus Capital $ $ % Bank of Nova Scotia 12,000.000 24,000,000 250,783,366 Dec. 31 / Per a 232,186 45,317 324,962 172.919 20 4.780,629 100 1,241,976 6,047.520 elOO 100 2.861,331 200.000 Amer State Bank— City Bank A Tr Co.. First Wise Nat'l Bk— 500,000 175,000 b 400,000 100.000 a State Bk or La Crosse Milwaukee— 131.346 153.085 2,496,044 3,323,221 350.000 20 25 N Income debentures Mars hall & llsley Bk Mitchell St State Bk. Northern Bank— Park Savings Bank.. State Bank of Mliw. Per Toronto... cent. 9,000.000 122,660,521 100 248 100 162 166 100 204 8,"OO.nno: 131,563.943 100 202 211 36,000,000 39,000,000 714,939,024 7.000.000 5,000,000 127,699,748 750.000 1,500,000 17,983,629 Provincial Bk of Can 4,000,000 1,000,000 46,721.528 Boyal Bk of Canada. 35,000,000 20.000,000 752,531.792 100 202 211 Banque Canadlenne. Barclays Bk (Canada) 100 161 166 6,000,000 7.000.000 251 0 22 24 40 t 434 Montreal— 4M — 16 20 'Is" 20 / 1,186,346 of Can Bank of Comm. 30,000.000 20,000,000 541,898.902 Dominion Bank 7,000,000 7,000,000 114,970,704 les 30 Lincoln State Bank: Marine Nat Exch Bk 305 re cent sa 20 7,500,000 15.166,864 210,834,542 / Preferred 7.500,000 1 Home Savings Bank. O360.000 181,560 2,322,660 Ki I bourn State Bk.. a 33.823 132,700 1.732.918 62.525 100,000 16 300,000 2.200,000 2,391.642 a2.970,000 1.792,960 « 16.089 690,000 a 150,000 42,777 a 114.657 639,500 6 a 560,000 C 53,287 300 Imperial Bank of Can share. 100 Common Common 100 Ask cent. Bank of Montreal La Croise— Nat Bk oi La Crosse. Per Toronto— Bank Exchange State Bank Bid Par Deposits Halifax— Nom inal Batavlan Nat Bank. Gross & Profits • Institutions State WISCONSIN Dec. 31 25 100 20 35,685,182 20 46,665.454 100 2,141,489 2,322,743 1,841,982 "loo 20 2,017.901 40 23 ...... 45" 5 cent. 100 100 11134 115 100 184 186 t Wisconsin Bankshares Corp. no par stock. a Common and preferred stock debentures outstanding. 6 Sept. 28, 1938. c June 30, 1938. e Member of the Northwest Bancorporation. i Member First National Corp. 42 21 Per 55 s Trust funds. 6 t All stock held by Old National Corp. Joint Stock Land Bank Bonds and Stocks Quotations Bonds Bid. Burlington 5s Chicago 4%s A 5s Dallas 3s Denver 3s First Uarollnas 5s / / f 101 34 for the last day of the month preceding the date of issue. Ask. 100 Atlantic 3s are 31 4% 4M 101 9934 9934 Bid. 4 5 34 34s New 5s. 101 100 a 101 Potomac 10134 102 34 84 Lafayette 5s.. * Ex-liquidating dividend. Denver 100 101 First Oarollnas 106K 10834 Freemont Lincoln 100 101 New York 22 24 100 / St Louis 5s San Antonio 3s 86 96 100 100 34 52 107 100 99 100 105 Fletcher 334s Fremont 4%S-- Illinois Midwest 5s Iowa of Sioux City Dallas 48 10034 101 100 99 101 /Flat price, x 434s 5s 3s / 434s 5s Virginian 3s Ex-dividend. ..... / ....... North Carolina......... Pennsylvania 100 100 10134 86 Potomac 1234 San Antonio 100 34 Virginia..... 10034 V irginia-Caroli na 9934 101 Ask ........ 50 40 117 37 60 4 1 60 50 125 42 65 7 234 2 —. .... 1134 100 . 100 100 9934 Minnesota 5s Union of Detroit Des Moines 100 34 83 .... Southwest 5s Southern 100 Atlantic................ 101 Pacific Coast of Portland 6s. 84 Atlanta 101 9934 Phoenix 100 92 Bid Par 100 34 Ohio-Pennsylvania 5s Oregon-Washington 5s 102 82 STOCKS 90 - York 5s. North Carolina 3s 100 5s Stocks. 93 534 102 M 100 % 10034 First of Fort Wayne 434s_. First of New Orleans 5s First Texas of Houston 5s.. Greensboro (N C) 3s Ask. 91 Bonds. Lincoln 100 5 ..100 4 10 65 20 90 76 14 75 1.75 85 25 100 79 „ 2.00 Quotations are as near as possible for the Abraham Lincoln Hotel (Reading, (Hotel) lst3-5s Allerton N V 1949. 64 M 67 36 - 1957—F&A 38 Cum income 2-6s July 1 1955— f 100 M 99 1st income 4-5s 1958 J&J Debenture 2-4s 1963--—_J&J Amer Insur Un Bldg 6s '41-M&N f Arcade Bldg & Rlty < Seattle)— 3-6s 1948 -——--J&J f 56 M 50- 58 35 CO cd f f f f 1944 Garrett Buildings 50 _ B&rrtm&n 1st 1957— 1947 12 25 103 Lawrence Hotel 6s 55 82 14 M 51 13 '50 M&S Cigar Stores Realty Holdings— S f dep 5Ms 1949 ser A J&J / Circle Theatre extd 6s 1946.M&S / 46M 16M 5M 49 M 18 6 48 94 50 M 96 64 S Income 6Hs w s F&A 1903 (Newark)—. (w-s) 5s 1948—A&O Lincoln Mtge Co Cum inc 67 London Terrace Apts 3-4s'52 J&D Lord Bait Hotel g m 634s '45 A&O f Lord Nelson Hotel s f 4s '47-M&N 1942. / Mtge cum inc 3-6 Ma 1957M&N / Manhattan Towers 6s 1946-M&S f 93 96 17% 5M 61M 51M 19 M 38M 29^ 33M 98 M 24 50 M 53" 26M 7M 30 9 45 870 7th Ave 4Ms / 46 18 7 f f 46 16 10 1st fee & l'hold 47 M Neisner 58% 27 56M 58 M 24 78 94 80 26 40 M 43 95 Conv 44% 2M 32% 3 29 - M 13 20 M 4JM 15 22^ lVs 44 32 30 32 / Flat price, n 1951 14 25 57 9M J&J 5Ms 5 Ms 5Ma 5Ms 5Ms 5Ms series series series series series series B-I B-K C2 CW-1 FI Q 4 Nominal, k Last sale. A&O 3 Ms 1950 with stock Income 3-3 Ma stpd 1955 wtnley Real Est 6H® '45 J&D State-Randolph Bldg (Chicago)— 5MB 1942 M&N Reuben Bldg (Chic) 6s 1943 M&S Stevens Hotel (Chic) 6s 1945.J&J Income 3s 8 4 15 (Boston)— 100 M&S '33.J&D 32 25 26 1088 87 Textile Bldg 1st 6s 1958 Gen 7s a I w w 1948 17 41 ____ 101 % 4 36 vi«vN M&N / M&N — 1st 4-5s (ws) 1958 Textile Crafts Bldg 6s w ■ 101 78 5s 1953- M&S Park Av Corp 25^-5s'53 M&S 1944— 1939.-.. J&D Trinity Bldg 5%a Trinity Court Bldg 4s 1941 .M&S Stamped Unstamped 2 Park Ave Bldg 4s 1940 23 Lexington Ave 2s 1950 f 29th St Towers Bldg 3s 1942 f 2124-34 Bway Bldg 5%a —1943 2480 Bway Bldg 2d mtge 3s 1944- Tyler Bldg 6s (w-s) July 1 1953— U S Realty & Impt 6s 1944 Van Swerlngen Co— . F&A 42 49% 33% 35 52 42<Hj Varick\St Sta P G (N Y) fa 1941 WabasEFMonroe Bldg 0s 1953 J&J Wadsworth Bldg(NY) 6s '63 A&O 51M Walbridge Bids (Buffalo)— 38 1st 4 Ma w-s Nov 1 Warner Bros Hollywood 54 44% 35 50 40 52 f 1951..-J&J lst6Hs 1941—- Thea— — -M&N Properties inc 7s 1952 f Westlnghouse Bldg 4s 1948-A&0 Woodbridge Blag oh* '41—A&o Washington 7s 1940-—- A&° 81 53 M """" » 56 >4 28 M 28 30M 15 17 30 37 M 75 36 6% 18 7M 19 2% 03 2% 65 — «•« - 57 17M 1950 (Hotel)—• 5s 1954——.M&S Wall & Beaver St Corp— Non-cum inc 20 46 94 M 54 7% Waldorf Astoria 40 18 33 r f 1st & colJ s t 6s 1938—-—A&O f Van Swerlngen Corp 6s May 1 35 51% 35% — 37 M 42 26 M 6% 94 90 29 M 81 73 45 15 1951 w-s 3s with stock f / f f / / 1M M&N / ;anley-Mark Strand 0H« 1941 . Income 543s 1945 10 East 40th Street Bldg Non-cum Inc 6s 1958 101 if North Station Indus Bldg (Bost 1st m s f 5s 1962 A&C 41M 37 33% 19 Y Postal Service Station- 45M 30 14 J&D J&D J&D stock 5s 1947 Strauss-Manhat conv 6s 71M 1900 Rittenbouse Sq (Phila)- 41M com Stone & Webster Bldg 3 49 M 52 Without 4 New York Title & Mtge— 30M Schulte Real Estate 6s 1936— Income 5s W-S 1956 4 N Y Athletic Club— N ( \ 28 26 31H Ann Oct f 1st 6s 1935 Bros Realty, Incf deb 6s 1948 s 40 M ■? 42 83 J&J 5s. 1943 Savoy-Plaza Corp— 3s (w-s) 1956 49 69 54 4-5s / 26 ~ Certificates of deposit 60 46 24 . 34M 40 M 36% 7 23 St Louis Post Off 5Ms 1938.A&O tn Fran Paramount Corp— 2 69 42 43 82M 21 66 35% 39 69 M&S RussBldg. (San Fran.)6s'51 F&A St Charle3 Hotel (Atl Cy) 4s 1945 71M 60 (The) 6s 1940 F&A Mark Hopkins Inc— / 79 1st income 6s Feb 1 1952 93 Marshall-Wells Bldgs 6%s'47 F&i_ 85 MayfJower Hotelc D O) 6s 1950— / 6 Mecca Temple 5s 1942 Mercantile Properties, Inc— 100 Sec■ f5H* 1946---J&J 70 Merchants Nat Prop 4s 1958(w s) Metropolitan Chain Properties 98 1st conv s f 6s 1948 M& *102M Metropolitan Corp (Can) 6s 19 Metropolitan Playhouses— 27 11 Park Place Corp 4s 1948 11 West 42d St new 4s 1st 6Ms 1945-—M&N 80 Broad St Inc 4s Nov 1 1956—80 John St extd 4s 1950 A&O 52 1940-A&O Theatre 6%a to 21% Marcy 24 57* 16 32 18 43 102%. 55 24 6s *47 1942—M&N 17 Edgewater Beach Hotel (Chicago) Cum inc deb ext 5^s '41-.M&S / Called Apr. 1 at 82 32 Madison Inc (N Y C)— Edgewater Beach Apts— Liq Tr inc 6s w-s *50 Ann Oct / * 80 30 4M 56 M f f Macrid Realty 3s 40 23 ...J&J 1943 ,oxy 1st 4s 1957 Midland Theatre Lords Court Bldg 5M» 76 68 6 1959 M&S 1959.M&S 38M 24 91 Mtge & Title— Lincoln Lombardy (The) 6s 35M A Lincoln 42d St Corp— Loews Theatre Rlty 63 Deb 5s series income deb 6s ser B 72 69M f F&t_ f Apts 1st 4s 1951 Office Bldg 6s, 1941—M&N f Loew State Bldg (Los Ang) 6s '42 9 44 76 M Properties— 6s debenture & 10 Bldg(Denv) etail With stock Loews 8 46 J&J 3-5s'49_M&S epub 32% 60 M 19A 50^ 45 52 7M 58 M 1961—M&N ealty Assoc Sec Corp— Income 5s Oct 1 1943 - ku 51 Columbus-Venetian-Stevens Bldg Eppley Hotels 1st sf 3-6s 1951 J&J Equitable Office Bldg 5s 1952— Deb 5s Legended 1952 Ferry Station P O (San Fran)— Ext income 3s 1952 J&D f Film Center Bldg 6s 1943--A&O 5th Ave & 28th St Bldg 6H» 1945. f 5th Ave & 29th St Bldg 0s 1948— 5th Ave & 55th St Bldg 6H« 1945. f 15 Park Row 4s w s 1952 50 B'way Bldg 3-6s 1946—M&S f 51 East 42d St 3s w s 51 Fifth Ave 4s 1943 A&O f «52d & Madison Office Bldg— 1st Leasehold 3s Jan 1 1952 500 Fifth Ave 6 Ms 1949 J&D 1 Stamped 4s 19.49— J&D - 20 58M ctfs of deoosit Lincoln Mtge Co 5s (w-s) 1948 31M (Chic) 1st leasehold inc 3-5s. 1955 M&S / Congress Square Hotel (Port Me) 5M* 1946 M&N Court & Reopen Rte 'Rr«*oklyn) Bldg Corp 1st s f 3Ji-5s_—1940 Davidson R lty 6s w w 1940 A&O De Paul Hospital 1st & ref 3-3%-3%-4s 1939-1947--Q-Feb Detroit Hotel 6hs to 1941—M&8 / Detroit Leland Ilotel 5s Oct 1 '52 J Dorset Hotel 1st partic 2s 1957— Eastern Ambassador Hotel units- Income 5Hs ser A uincy Station P O (Chicago)— 1st extended inc 5» 1950—J&D 47 M 6s 1st 4-5s exten to 1948 Lefcourt State Bldg— Guar 5 Ma Construction— 1st s f 4-4 Ms 1948(w~s)—A&O Colonial Apartments 6s 1937 112M 68 M&S Extend 1st 4-6 Ms 1948 1941-J&J / Stamped / Unstamped Cleveland Theatre gen 5s 1944— 27 31M (Erie, Pa.)— Lenox Hotel inc 5s 1950 63 1945.M&S 1945.M&S / 1945.M&S / Chesebrough Bldg 6s 1948--A&O Chicago Evening Amer 6s 19393d Leasehold inc 1st 7.S M&N 69 M F&A 1948 Lewis Morris 1st Leasehold inc 4s 2d Leasehold inc 2s Voting tr ctfs for common New Engl Theatres 58.1958 Gen income 5s 1983 Lefcourt Manhat Bldg— 56 14 21 oli kv»( '74 Building - 103 «. 39 29 * (Boston) 1st 6 Ma 1943—F&A / Jagels & Bellis Realty 6s '48-M&S Keith Memorial Bldg 6s 1943 Kramon Devel Co 1st fee & leasehold 3Ms-4s 1952—M&N f Lake Sh Ath Club (Chic) QM* '45 / La Salle Wacker 5s fixed / Units 101 92 f Century Parkway 6s 1956 Chain Store Depot 6s 1940—M&S . 3s 1955 Insurance Exchange 53 26 102H 45 M 48 Hotel Syracuse inc 35 5M 102% 37 M A&O to&L 21 57 M 69 '64.J&J Dodge Corp 6s vtc '62 Pennsylvania Bldg 0s 1939 Pierrepont Hotel 3-4s 1951 itts Hotels Corp 1st 5Hs '48^4.) Mtge cum inc 5s May 1962 Conv cum inc deb 5s May 1967 46 M 1 71HI Hotel St George 4s 1950 35 - 44 '48-A&0 f Hotel Lexington units Hotel Sherman Inc 1st 5s 33 M 9M ' 32% 1*'. 1948—. * Corp inc 3-5s '53F&A f 22^ 55 27% VP* ™ e 6s 1942 Hotel Governor Clin 6s 7 54^ 17 M Park Place f income 5s May 1 Hotel Drake 22 Chanin Building— Colonade s 38 31M 25 M&l — 70 1947-M&N Bway Corp.— f 3s loan ctfs 1955 F&A 1st mtge leasehold sf 3s 38 25 j deb 4%a'51 M&> Hearst Brisbane Prop Herald Square Bldg 49 49 Cleve Term Bldg 1st 6s mes s 8a (N Y C) Hotel Taft Corp 5s 190O_A&< 1st M (Pittsb)— Bldg 0fc 1951 Hartford Ti 22 Hall 4-5a 1947 J&J Cent Manhattan Props 5s'46M&S f Central Zone Bldg Inc 6s, 1941 — f aramount Penn-Haris Hotel 6s 1943 Greeley Sq Bldg 6s 1951-—--Fet 32 51 f 38 55 35 r 6 10M ..F&A . 47 35 f 19 52 '51 15 Broadway Bldg 6%a Genera] ■ f 7s 1941... 11£ 7 2M-5s 1957 (with stock) Graybar Bldg <Ea«t Offices Inc)1st m leaseh 5s 1946 J&l 17 21 66 f 7 _ J&D 1942 Pantagea 'Alex) 6a to 1st mtge 2-4s 1952 M&S _anada Apt Bldg 6s 1938—M&S J Grant Bldg 22 Butler C hicHerald & Exam 6 Ms (Chicago)— 1940 5%s to Governor Clinton Co Inc 5M f 34 9M J&J 6s 10 21 f 44 M _ 82 Realty Corp) lst2H-4s (w-s) 1949— —- 52 13 75 Income 5s June 1 6 A&O f 1st s f 6%a 1942 Fuller Bldg (G A F J&D / 10 So Penn Ave (Atl City)— 6s 1944 —J&D / 32 _ Fox St Louis Theatre bidg— 20 f 4 43 63 15 42 - 30 22 Bryant Pk Bldg (NY) 6H»'45J&J f 101 Budd Realty 6s June 1941—J&D 101 6s Sept 1941 M&S Bush Term Bldg 1st 5» 33 46^ 19% / 10 41 . 4M 45 M&N 1st 6s 1943 7 2M l-4s__Mar 1952 f 1400 B'way Bldg 4-6Ms stpd 1948 / 1410 B'way Bldg 3M* 1941-A&O Fox Det Theatre 6s 1942 A&O / Fox New Academy of Music 1st leasehold 6 Ha to 1941.M&S Fox Theatre & Office Bldg f Income 3s 1957- 72 Arcady-Wilshire Co (Los Ang)— 31 Non-cum inc 5s June 11949J&J f 18 Arrowhead Lake 7s 1944-47.J&D f Assoc Chain Store Realty— 46 1st mtge coll 5 Ms 1957—J&J 58 f Cum incomp 6s 1957——A&O 7 Adj non-cum inc 6s 1957-M&S f Assoc Realty Bldg (Los Angeles) 47 f Income 5s 1948 (w-s) J&J Baker Hotel (Dallas)— 83 1st s f 5s 1950 (with stk) .F&A 100 Bait Parcel Post 5Ms 1949 Bauman (Ludwig)— 53 M 1st 5s (Brooklyn) 1947 68 M 1st 5s (Long lsld) 1951 15 f Beacon Hotel inc 2-4s Apr 1958— Bellevue-Stratford (Phila)— 4 f 5%s 1935 x-J&D 17 M Benj Franklin 6s ctfs 1933— — — f 46 Berkeley-Carteret 5 Ms '46.M&N f Bing & Bing deb 6%s 1950 **&S Income 7s 1950 w-s M&S Book Tower (Det) 2-5s '52-(w-s) Boston Parcel Post 3s Oct 1945— Boston Postal Serv 5Ms '38.J&J B'way Barclay Office Bldg— 1st, 2d 1956 —-Bway Mot Bldg «N Y) 6s '48 F&A Bway-Spring Arcade Bldg— Non-cum 3-5s April 1 "57.J&D Bway & 38th St 7s 1945 J&J Bway & 41st St Bldg 3-5s 1944- Bklyn Fox Corp inc 3s Oct 11957 Brown Hotel (Louisville)— 1st sinking fund 5s 1949 2nd income 6s 1949 / 48 St Real'n Corp 69 Ambassador* Hotel (Los Ang)— Non-cum inc. 4-5s 1950—A&O f 22 22 f 40 Exchange Place 5 Ms 1956.J&J / 40 Wall St Bldg 1st 6s 1958——- 42 Broadway Bldg 6s 1939—J&J ; 24 22M Allied OWtaers Corp— f A&O t 1st mtge 6s 1943 Corp,,— Bid. Bonds. Ask. Bid. 1500 Walnut Corp (Phila)— 1st 6s 1950 1528 Walnut Corp 6s (w-s) 1512 Spruce St fPhtla)— 64 A&O Pa) 1st extd 4-5s 1945 Aloany Metropolitan 5-6s preceding the date of issue closing day of the month Bonds. Ask. Bid. Bonos Alden ESTATE REAL 110 25% 25% 19 21 81 84 55 56 72M 33 40 - - 37 - — «. MONTHLY .BEVIEW April, 1939] (Concluded jrom so-called free 4)8.12 around mark gold or the rigid through 18) page posed steady relatively lield was control The Berlin,. in United States Department of Commerce, in a survey of the position as of the end of 1938, published on March 21, stated that all available statistics relative to German financial structure indicated German the evidence "ex¬ of pansion and strain." Discussing increases in German cur¬ circulation, which on Dec. 26, 1938, was 10,400,000,009 marks, against 7,143,000,000 marks on Jan. 25, 1938, the rency "These increases in the of full approach an of dollar was by the Japanese-sponsored Peiping. The London price for silver was 20 7/16d. on March 1 and 19 15/16d. on March 31. The Hongkong dollar was 29.10@29 5/16 on March 1, and 28.69@28 15/16 on March 31. The Shanghai when significant con¬ growing realization that with the employment of labor i I till I I I l production." The Reichsbiyik continued to carry its gold holdings at around 70,772,000 reichsmarks, approximately $29,000,000, but it is believed of that Germany actually holds $200,000,000 gold apart from the acknowledged holdings of the Reichs- bank and addition in On March 25 form the gold to German the Czechoslovakia. seized in financial authorities launched scrip or to be used to off future taxes, one type of draft after seven months and the other after three are 40.14, and describe the plan as infla¬ new after March crown nominally quoted in New York for lire held were the strict control publication light the on of Exchange few days at 3.43c., but a figures which business and Rome sold on l i I l I I l I l I I I I I I I I I i I I l I I I I I l I I I l I I I I l I l might situation March 1 at on 4. rfk 4- 4* rf. Swiss slight franc premuim. due in funds attempt until Italy. 5.26^@5.26^, part The Holland For fully two either flat or pressure. quoted the M 01 o e to London and New York. the property middle of A Jewish of evident to arrest the and Swiss financial ment with sterling. flight from the guilder for gold to bring on the decline them in closer align¬ 90-day guilders varied send vakia had which an of gold now under Swiss adverse influence and of the earmark franc to on Holland. notes to was sight liabilities effect held steady The ranged was OS 05 OS 00 00 00 59 05 05 05 05 05 05 to so CO 00 CO to Jr*NT 14.4.4.4.14. 4.4x4.4.4.4. 4* 4* 4^ 4» 4"> 4*- 4. 4» 4. 4. 05 05 05 05 05 00 00 00 00 00 13 05 03 05 05 05 05 05 05 05 05 000 00 00 QO cococococooo 03 05 03 05 00000000 a a a a a a 4. 4. 4.4. 4. 4- a a a a 4. 4.4.4. 45^4.454.4. 4.4.4545 a a a a 4. 4. 4. 4^ 4*. 4»- a a a a a a a 4. 4. 4.4.4.4. 4. 4. 4V4*. 4. Co 18 03 03 03 03 03 05 (X GO 00 CO CO CO 4.4.45.4.45. 45.454545.45.45. .FSSfs 4.454.454545 OJ O OJ 05 O O) 05C5 05 05 05 0) 00 00 00 00 00 00 Gb Cfo OS C6 © *4-^00 00 00 00 s" s ss oK or 4» 4. 4. 4. 4. 03 03 03 05 05 rf. 4. 4. 4. 4. 4. > 4. 4. 4. 4. 4. 4. 05 05 03 05 05 03 » r„ -I-JtjO-W-l-l-vlOi a . s a at a 4. 4. 4. a o ho » o n o c> 454.^4.4545454.4. C303 hj a h a a a a a a VJ 4. 45 4. 4. 45 4. ^ W W -j-l-j (C . — —I—J.d-4—1—I—J-J—J Mi-I-I-J-I 00 00 CH 45 4» 45 05 05 OS .CD . C a 03 03 03 03 05 05 r" 03 03 03 03 03 05 r 4. 4. 4. 4. 4. 4. 03 03 05 03 03 03 O. * V d o» a t-y • a i—, 45 4. 4. 45 45 4. O ^ —j a ojn«.\ w g 4.4. 4» 03 05 03 05 03 03 00305 Hi 00 CO 00 00 00 00 Hi "4 —4 00 r 4.45 4.45 4. 4.4.4.4.4.4. 4.4.4.45 4.4. 4.4.4.4.4.4. 05 05 05 O 4.4.4.4. 05 05 05 05 O5O3C30 -4-1-4-J > > a 45 4. a a a a a 4.4.45 45 45 45 . 05 03 05 -j > & a a a a a a 4.4.4.4» 4.45 a a a a 4.4. 4.45 OS 03 03 'svri SRSSKis;.* 4. 4. 4. 4. 4. 4. 4. 4s._45 454. 4. 45 4. 4. 4. 45 4.4.4.4. 05 05 05 03 03 03-1-1-4-1 03 05 03 03 05 03 -1 -I -4 —I —I -1 03 03 03 03 03 03 -1-1-1-1-4 00 03 05 05 03 05 05 00 00 00 00 C/J 00 4.4.4.4.4.4. 4.4.4.4.4.4. 4.4.4.4. 05 03 05 05 05 03 -1-1-100 00 00 05 03 05 05 05 05 00 00 00 00 -4 00 05 05 05 05 &s ex*,? 03^ § 05 05 03 05 ejKSXSs" K TO;;; -4-4-4-1 s&i between free 03 05 03 05 03 -1-4-1-4-1 05 05 05 03 03 05 -4 -4 -4 -4—1-1 s&S&iR DAILY RATES seemed closer a Mar. 1. Mar. 2. 2.64%a2.65 .65 .65 Mar. 2.64%a2.65 3. 2.64%a2.65 Mar. 4. 2.64%a2.65 .65 Mar. 5. Mar. 6. 2.6415ioa .651!# 7. 2.65 a2.65% a2.653ie Mar. 8. 2.65 Mar. 9. 2.65 a2.65% Mar. 10. 2.65 a2.653ie Mar. 11. 2.65%a2.653i0 Mar 12. 653i6a2.65M 22.74a22.74% 22.74%a22.75 4.26%o4.28% SUNDAY 2.64%a2.65 ,64^a2.65H 22.67 17. 2.647i«a2.64M 18. 2.64%a2.64% ,649i6a .6413i6 22.64 ,64"i«a .64% 22.62 in New to Mar. relation 19. 20. 2.64%a2.64% Mar. 21. 2.64%a2.64% Mar. 22. Mar. 23. 2.64%a .6413!6 Mar. 24. 2.64%a .6413i« Mar. 25. Mar. 27. Mar. 2.64 have protested to Japan United .6413ie 26. Mar. 28. Mar. 22.74%a.75% 4.25%o4.28% 04.27% a22.72 22.67%a22.73 4.25 04.27 o22.67 22.64%a.67% 4.24%o4.26 a22.63 22.62%a22.64 4.24%o4.26 SUNDAY Mar. Mar. also 2.64%a2.64% 2.64^a .6413i6 2M%a2.WA 29. 2.64^a2.64K Mar. 30. 2.64^ga2.64j4 Mar. 31. 2.64^a2.64^ ,64ni(a .64% 22.45 a22.52 22.45%a.52% 4.24 04.26 .64 %av .65 22.47%a22.53 22.48 a22.54 4.24%o4.26% ,64%a .6415i« 22.46%a22.48 22.47022.48% ,64%a ,64isi6 22.49%a.51% 22.50 022.52 ,64%a .64l6ie 22.49%a22.53 22.50% 022.54 o22.49 22.48%a.49% ,64%a2.64% 22.48 SUNDAY 1. Belgium Beloa Cables Checks 40.11o40.13% 40.11%a40.14 16.82 Mar. 2. 40.11%a.l3% 40.12 Mar. 3. 40.11040.13% 40.11%a40.14 16.82 Mar. 4. Mar. 5. Pengo Cables 40.11fl40.13% 40.11%a40.14 16.82 SUNDAY Mar. 6. 40.11%a.l3% 40.12 March States 13 was Tokio press reported G4.26% Hungary 016.83 16.82%a.83% 53.07% @53.12, moved 4.25 022.47 4.24%o4.27% .64%a .64!5i6 22.40%a22.46 22.41 ,64%a .64»i6 22.42a22.44% 22.42% a.45% 4.24%o4.27% Germany Mar. 4.24%a4.26% 4.24%o4.26% 4.24% a4.26% .64%a.64"ie 22.47o22.50% 22.47%a.50% 4.24%o4.26% ,6413ica 64lsie 22.46%a.47% 22.47a22.48 4.24% 04.27% .64 %a .64i3i6 22.46%a.47% 22.47a22.48 4.24%o4.27% Reichsmark O40.14 16.81%al6.83 040.14 16.82 16.82al6.83% 016.83 16.82%a.83% 016.83 16.82%a.83% Checks 19.63ol9.70 19.63ol9.70 19.63al9.70 19.63al9.70 al6.83 16.82%a.83% 19.63al9.70 19.63al9.70 Mar. O40.14 16.82%al6.83 16.83al6.83% 40.11%a.l3% 40.12 040.14 40.11%O.14% 16.82%a.82% 16.82%al6.83 9. 40.Ila40.13% 40.11%a40.14 16.82al6.82% 16.82%al6.83 O40.14 16.82%al6.83 16.82%a.83% 10. 40.11%a.l3% 40.12 Mar. 11. 40.11%a.l3% 40.12 16.82al6.82% 16.82%al6.83 19.63al9.70 Mar. 12. M,ar. Mar. Mar. 7. 8. 40.11 040.14 19.63ol9.70 19.63al9.70 19.63al9.70 Mar. 13. Mar. 14. SUNDAY 016.83 16.82%a.83% 40.11040.13% 40.11%a40.14 16.82 040.14 16.82al6.82% 16.82%al6.83 40.11%a.l3% 40.12 19.60al9.70 Mar. 15. 40.11%o.l3% 40.12 19.60al9.70 Mar. 16. Mar. 17. Mar. 18. O40.14 16.82 al6.83 16.82%a.83% 40.11040.13 al6.83 16.82%a.83% 40.11%a.l3% 16.82 40.11a40.13% 40.11%a40.14 16.82al6.82% 16.82%al6.83 40.11a40.13% 40.11%a40.14 16.82al6.82% 16.82%al6.83 21. Mar. 19.61al9.70 19.60al9.70 19.60al9.80 19.60al9.80 SUNDAY 19. 20. 40.11 Mar. Mar. the 4.25%o4.28% 16. relationship to the pound. Effective as of March 10, the Japanese authorities issued an order forbidding circulation of the Chinese dollar and substitut¬ ing in its place notes of the Japanese-sponsored Federal that a2.65K 22.71a22.72 22.71%a.72% 4.25%o4.28% 65^a2.655n 22.72%a.74% 22.73 022.75 4.25%a4.28% 65^a2.65^ 22.73a22.74% 22.73%a22.75 4.25%o4.28% ,65Ha2.65H 22.73a22.74 22.73%a.74% 4.25%o4.28% .65^a2.65M 22.73%a22.75 ^2.74a22.75% Mar. out the month in close stated .65 a2.65A 22.72a22.73% 22.72%a22.74 4.25%o4.27 a2.65}^ 22.71%a.72% 22.72 022.73 4.25%o4.27 a2.65Vs 22.72a22.73 22.72%a.73% 4.25%o4.27 a2.65^ 22.72a22.73% 22.72%a22.74 4.25%o4.27 SUNDAY Mar. On Checks .65 Mar. Cables Mar. range was between 23.00 and Rio de Janeiro ranged between China. Lscudo Checks Swiss cable transfers the Far Eastern countries of North Portugal Franc Cables Checks through¬ Reserve Bank Switzerland Franc Mar. on OF FOREIGN EXCHANGE France Checks March 1 at Co c« I— Bank's 85.92%. on ^ n 00 00 00 00 ,651i«a2.655i8 22.73%a22.74 22.74a22.74% 4.25% 04.27 a22.74 22.73%a.74% 4.25 .651i«a2.65K 22.73 for exchange on Buenos 31.21 and 31.28 during March. The on 4.4.4.4.4.4. ,65^a2.65sie 22.74a22.75 quotation market 4.4.4.4.4. a2.653ie 5.86 and 5.90. Exchange JT* a2.65% by the operation of the various exchange official The official rate dispatches o, 2.65iiea2.65^ Exchange on the South American countries showed no developments of importance in March. These units unofficial *0 \ot 0is o> 2.65 new 23.18. — e> o» a a a a a 4* 4* 4* 4. 4. 4. 2.65 the financial position of The Swiss authorities 31 at 53.08@53.00y2. March controls. ^ o> a 15. on March 1 at 22.72% @22.74, and on March 31 at 22.42@22.44%. Cable transfers on Sweden were 24.13% @ 24.25% on March 1, and 24.12@24.13% on March 31. Aires — C. 14. sold were 00 00 00 00 ana a a a 4* 4* 4- 4* 4*- 44 francs, the 171.41%, and the ratio of gold Guilder cable transfers sold on 05 05 05 05 13. In addition, they removed all but the 40% legally required for note backing from the Swiss National Bank to some secret repository in the Alps. The Swiss financial position was strong. The gold stocks on March 7 amounted to 2,812,500,000 Swiss and 4. 4* 4* 4» _4» _4>- 4* 4* 4» 4»- Mar. began to ship gold to New York. to total _4- 4. 4. 4. 4^ 4. . New to Undoubtedly the unfavorable political developed after the seizure of Czechoslo¬ Switzerland ratio _4" 4. Mar. gold sterling rate. situation both are designed to one-quarter the in support continued Fully holdings decline official to the Bank earmarking. The have 0> M Mar. authorities permitted order The discount Netherlands immense I No during March from 6 to 12 points under spot. York. a tl* large part refugees. March, when the rate appeared to be their currencies in York r 4. 4. 4. 4. 4- guilder began in migration of capital sterling and thereafter showed independent firmness until late in February. It would seem that both the Hol¬ The I 05 05 05 03 0 oocooocoa the on to guilder steady at around 53.10c. It should be recalled that Sejit. 26 the guilder and the Swiss franc were detached land I 4. 4. 45 4. 4. in from in t throw held on I li were Pressure large were was the under were guilder futures from Amsterdam the I £«. Co relationship to the pound. February, of I I on previous, a I l l ceased to quote the countries neutral during the war showed mixed trends in March. The Scandinavian units were held at I I I £5 March 31 at 5.26% @5.26^. the 0> Cn ^ 00 10 H* f l l l The Government continued to any financial Cable transfers and l l l steady throughout the month by at Rome. withhold years i l I l ■ close O CD 00 l I l I a Italian in l I I I -ICOQOCGOO W 14 continued to be the close of the month most banks on I I I unit. and i I i I Oi 05 OS 0) 05 March 31 at 40.10^ @40.12^. on The Czechoslovak the I I I l pay tionary in effect, or at least an enormous credit expansion. The free or gold mark was quoted on March 1 at 40.11^© toward i I i I 03 —4 —4 American bankers years. i i I of Federal, bills O CO 00 *4 C& Ot rf* W tO I I l I a inflation. The plan provided for payment of State, municipal, postal service, Federal rail¬ way and highway orders on a 60-40 basis, i.e., 60% in cash and 40% in non-interest-bearing tax credit bills. The credit new all March 1, and 16.00@16% on 27.31@27.34 on March 1, and II I production and creation of additional credit cannot increase mere H- i I l were March 31. on © <£> QO *4 O Oi ^ W to i at on Yen checks 27.27@27.30 i merchants Government 15.81@16% March 31. a facilities foreign i especially are light China I Department's report said: sidered on North 111 O40.13 40.11%a.l3% 16.82 016.83 16.82%a.83% 19.63al9.80 40.07%a40.13 40.08a40.13% 16.82al6.82% 16.82%a16.83 22. 39.98%a40.11 39.99 O40.12 16.82 016.83 16.82%a.83% 23. 40.01 O40.07 40.01%a40.08 16.82 016.83 16.82%a.83% 19.61al9.75 19.63al9.75 19.61al9.75 Mar. 24. 40.05 O40.09 40.05%a40.10 016.83 19.61al9.75 Mar. 25. 40.08 19.61al9.75 Mar. 26. O40.12 40.08%a.l2% 16.82al6.82% 16.82%al6.83 SUNDAY Mar. 27. 40.09%a40.13 40.10 Mar. Mar. to Mar. against financial restrictions im¬ Mar. 16.81%a.82% 16.82 a40.14 16.82al6.82% 40.09%a40.14 16.82al6.82% 40.09%a40.12 40.10a40.l2% 16.82al6.83 30. 40.09%a40.12 40.10a40.12% 16.82al6.83 31. 40.10a40.12 40.10%a.l2% 16.82al6.83 28. 29. 40.09a40.13 16.82%al6.83 19.60al9.75 16.82%al6.83 19.60al9.70 16.82%a.83% 16.82%a.83% 16.82%a.83% 19.60al9.70 19.60al9.70 19.60al9.70 MONTHLY EEYIEW 112 DAILY RATES OF FOREIGN EXCHANGE ( Netherlands Denmark Poland Canada Krone Zloty Dollar Colombia Argentina Guilder Peso Cables Cheeks Checks • Cables Checks Checks Checks Peso Cables Checks discount 31.24a31.25 31.25a31.26 56.98 discount 31.24a31.25 31.25a31.26 56.98 discount 31.24a31.25 31.25a31.26 56.98 31,26 56.98 Mar. 1. 53.07a53.11M 53.07Ma53.12 20.92a20.93 20.92Ma.93M 18.89al8.93 Mar. 1 Mar. 20.92a20.93 2. 53.13Ma53.16 53.14a53.17 3. 53.11Ma53.14 53.12a53.14M 20.92a20.93 20.92Ma20.94 18.88al8.93 Mar. 2. Mar. 20.92Ma.93M 18.88al8.93 Mar. 3 Mar. 4. 53.09a53.12 18.88al8.93 Mar. 4 93a5i#% discount 31.25 Mar. 5. Mar. 5 20.92a29.93M 20.92Ma20.94 18.88al8.91 Mar. 6 93a5ie% discount 31.25a31.26 31.26a31.27 20.93Ma20.95 20.94a20.95M 20.93a20.94 20.93Ma20.95 18.89al8.91 Mar. 7- 5160932% discount 31.27 31.28 56.98 18.87al8.91 Mar. 8 5i«a33 % discount 31.26 31.27 56.98 20.93a20.94 20.93Ma20.95 18.87al8.91 Mar. 9 Ha.7 32% discount 31.26 31.27 56.98 20.93Ma20.94 20.94a20.94M 20.93Ma.94M 20.94a20.95 SUNDAY 18.87al8.91 Mar. 10 31.26a31.27 31.27a31.28 56.98 Mar. 11 h*% 138<a3i6% discount 18.88al8.91 discount 31.26a31.27 31.27a31.28 56.98 20.93Ma.94M 20.94a20.95 18.87al8.91 56.98 Mar. 53.09Ma.12M 20.91Ma.92M 20.92a20.93 SUNDAY 6.. 53.07Ma53.09 53.08a53.10 Mar. 8. 53.14a53.17 Mar. 9. 53.12a53.14 Mar. 53.lOMa53.15 53.14Ma53.18 53.12Ma53 15 53.11Ma53.14 53.11Ma5.314 7. 53.10a53.14 Mar. 10. 53.11a53.13 Mar. 11. 53.lla53.13 Mar. 12. 1332a93% 93a2164% 93a5is% - __ SUNDAY 56.98 SUNDAY Mar. 12.. Mar. 13 932a732% discount 31.26a31.27 31.27a31.28 Mar. 14. 53.08a53.10 18.86al8.90 Mar. 14 U320516% discount 31.24a31.26 31.25a31.27 56.98 Mar. 15. 53.08Ma53.10 53.09a53.11 18.85al8.90 Mar. 15 1332021M% discount 31.23 31.24 56.98 Mar. 16. 53.07a53.09 53.07Ma53.10 20.90Ma.91M 20.91a20.92 20.89Ma20.91 17. 53.07a53.08M 53.07Ma53.09 20.89a20.90 20.89Ma20.91 18. 53.07a53.08 53.07Ma53.09 20.89a20.90 SUNDAY 19. 18.85al8.90 Mar. 16------- 1532 0716% discount 31.22 31.23 56.98 18.85al8.90 Mar. 17 "32033% discount 31.20 31.21 56.98 18.85al8.90 Mar. 18.—— 213201932% discount 31.21 31.22 56.98 20.89a20.91 20. 53.07Ma53.09 53.08a53.10 20.89Ma.91M 21. 53.07Ma53.09 53.08a53.09M 20.89Ma20.91 20.90a20.92 18.85al8.90 Mar. 20 56.98 18.85al8.90 Mar. 21... 18.85al8.90 Mar. 22 Mar. 22. 53.07Ma53.09 53.08a53.09M 20.90a20.91M 20.90Ma20.92 23. 53.07Ma53.09 53.08a53.09M 20.90a20.91 29.90Ma.91M 18.85al8.90 Mar. 23... Mar. 24. 53.08a53.09 53.08Ma.09M 20.89Ma.90M 20.90a20.91 53.08a53.09M 20.89Ma20.91 20.90 a20.91M SUNDAY 18.85al8.90 Mar, 24 18.86al8.90 Mar. 25 20.90a20 90M 20.90Ma20.91 20.90a20.91 20.90Ma.91M 18.85al8.90 Mar. 27 18.84al8.89 Mar. 28 «G4a716% Mar. Mar. Mar. Mar. Mar. Mar. Mar. 13. 53.09Ma53.13 53.10a53.14 53.08Ma.10M 20.92Ma20.94 20.93a20.94M 20.91 Ma^O.9*. 0.92a20.93 Mar. 25. 53.07a53.09 Mar. 26. Mar. 27. 53.10Ma53.15 53.11a53.16 28. 53.07Ma53.09 53.08a53.10 Mar. 19 . SUNDAY — 4364a918% 91603364% discount 31.21 31.22 discount 31.21a31.22 31.22a31.23 56.98 93als32% discount 31.21 31.22 56.98 1532a93% discount 31.22a31.23 31.23a31.24 56.98 316407316% discount 31.22 31.23 56.98 i7320716% discount 31.21 31.22 56.98 1532a1332% discount 31.21 discount SUNDAY Mar. 26.. 31.22 56.97 31.21 31.22 56.98 18.84al8.89 Mar. 29 1532a716% discount 31.21 31.22 56.98 Mar. 29. 53.07Ma53.09 53.08a53.09M 20.89 Ma20.90 20.90a20.91 20.89 Ma.91M 30. 53.07Ma53.09 53.08a53.09M 20.89a20.91 18.85al8.89 Mar. 30 1532 0 27 6 4% discount 31.20a31.21 31.21a31.22 56.98 Mar. 31. 53.07Ma53.09 53.08a53.09M 20.89a20.90 20.89 Ma.90 M 18.85al8.89 Mar. 31 153201332% discount 31.20a31.21 31.21a31.22 56.98 Ecuador Mar. Mar. Sweden Norway F.nland Brazil Chile Bolivia Krona Krone Markka MUreis Peso Boliviano Sucre Checks Cables Checks Checks Cables Checks Checks Cables Checks Checks 3.63 Mar. 1. 24.13a24.15 1. 5.85a5.89 5.86a5.90 5.17a5.19 2. 24.14a24.15 23.5433a23.56 23.55a23.5633 2.0633a2.07 23.55a23.56 23.5533a23.57 2.0633 a2.07 Mar. Mar. Mar. 2. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 3. 24.13a24.14 23.54 33a23.56 23.55a23.5633 2.0633 a2.07 Mar. 3. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 4. 23.54a23.5533 23.5433 a23.56 2.0633 a2.07 SUNDAY Mar. 4. 5.87a5.89 5.88a5.90 5 17a5.19 3.63 7.50 24.1333a.1533 24.1433a.1533 24.1333a.1433 24.12^a24.14 24.13a24.1433 Mar. 5. Mar. 6. 24.13Ha.UH 24.1333 Mar. 7. 24.14J^a24.16 24 15a24.1633 23.56a23.58 8. 24.14a24.16 24.1433a.1633 23.56a23.58 a24.15 23.5533a.5633 23.56a23.57 7.50 SUNDAY Mar. 5. Mar. 6. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 2.0633 a2.0733 23.56 33 a.58 33 2.0633a2.07 7. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. Mar. 9. 5.87a5.89 5.88a5,90 5.17a5.19 3.63 7.50 Mar. 23.56 33 a.58 33 2.0633 a2.07 23.56 33 a.57 33 2.06Ma2.07 24.1433a24.16 23.56a23.57 10. 24.14Ha.l5^ 24.15a24.16 23.5633a23.57 23.57a23.5733 2.06 33 a2.0733 8. Mar. 10. 5.87a5.89 5.88a5.90 5.17a5.19 3.63 7.50 Mar. 11. 24.15a24.153^ Mar. 11. 5.87a5.89 5.88a5.90 5.17a5.19 3.63 7.50 Mar. 12. Mar. 12. Mar. 13. 24.15a24.16 Mar. 13. 5.86a5.89 5.87a5.90 5.17a5.19 3.63 7.50 Mar. Mar. 9. 24.14a24.15 24.1533a24.16 23.56a23.57 23.56 33 a.57 33 2.0633 a2.0733 SUNDAY 24.1533 a24.17 23.6633a23.57 23.57a23.5733 2.0633 a2.0733 23.55 33 a.57 33 2.0633a2.07 24.1433a24.16 23.55a23.57 SUNDAY Mar. 14. 24.14a24.15 Mar. 14. 5.87a5.89 5.88a5.90 5.17a5.19 3.63 7.50 Mar. 15. 24.1234a.l33^ 24.13a24.14 23.54a23.55 23.54 33a.5533 2.0633a2.07 16. 24.103-3a24.13 24.11a24.1333 23.53a23.5333 23.5333a23.54 2.06 33 a2.07 Mar. 15. 5.87C5.89 5.88a5.90 5.17a5.19 3.63 7.50 Mar. 16. 5.85a5.89 5.86a5.90 5.17ao.l9 3.63 7 50 Mar. 17- 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 18. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 7.50 Mar. Mar. Mar. 17. 24.10a24.1133 24.1033a24.12 23.5133a.5233 23.52a23.53 2.05 93 a2.06 33 18- 24.10a24.11 23.5233a.53M 2.0533 a2.0633 24.1033a.llM 23.52a23.53 19. SUWDAY Mar. 20. 24.10 33a.l233 24.11a24.13 Mar. 21. 24.1133a24.14 24.12a24.1433 23.52a23.53 Mar. Mar. 22. 24.12a24.1333 24.1233a24.14 23.52 33a.5333 23.53a23.54 23. 24.13a24.1433 24.1333 a24.15 23.5233a23.54 23.53a23.5433 24. 24.13a24.1433 24.13 33a24.15 23.52a23.53 23.52 33 a.53 33 25. 24.13a24.14 23.5233a.53 33 24.1333a.1433 23.52a23.53 Mar. 26. Mar. Mar. Mar. SUNDAY Mar. 19. Mar. 20. 5.85a5.89 5 86a5.90 5.17a5.19 3.63 Mar. 21. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 2.0593 a2.0633 Mar. 22. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 2.0593 <2.0693 Mar. 23. 5.87a5.89 5.88a5.90 5.17a5.19 3.63 7.50 2.0533 a2.0693 Mar. 24. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 2.0533a2.0693 Mar. 25. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 26. 23.5133a23.53 23.52a23.5333 2.0533a2.0633 23.5233a23.54 2.0553a2.06M SUNDAY * . 7.50 SUNDAY 5.87a5.89 5.88a5.90 5.17a5.19 3.63 7.50 Mar. 27. 24.13a24.14 23.52 33a23.54 2.0593a2.07 Mar. 27. Mar. 28. 24.1233 a24.14 24.13a24.15 23.52 33 a. 5313 2.0533a2.07 23.52a23.53 29. 24.1233a.1333 24.13a24.1433 23.5133a.5233 23.52a23.53 2.0593 a2.07 Mar. 28. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 29. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 30. 24.1233a24.14 24.13a24.1433 23.5133a23.53 23.52a23.5333 2.0593 a2.07 31. 24.1133a24.13 24.12a24.1333 23.51a23.52 33 23.51 33 a23.53 2.05 93 a2.07 Mar. 30. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Mar. 31. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Peru Japan Hongkong Mar. Mar. Mar. 24.1333a24.15 23.52a23.53 Czecho¬ Spain Italy slovakia Uruguay Venezuela Peseta Lira Koruna Peso Bolivar Sol Yen Dollar Checks Checks Checks Checks Checks Checks Checks Cables Checks Cables 5.26 33 a5.26 33 3.42 33 a3.43 5.26 33 a5.26 33 3.42 33 a3.42 61.60a61.70 31.50 20 H 27.31a27.34 2. 5.26a5.2633 5.26a5.2633 1. Mar. 33 Mar. 2. 61.60a61.70 31.50 20 H 27.31a27.35 29.10a295ia Mar. 3. 5.26a5.2633 Mar. 3. 61.60a61.70 31.75 20 H 27.31a27.34 29.08a29»n Mar. 4. 5.2633 a5.2633 3.42 33 a3.42 33 5.26 33 a5.2633 3.42 33 a3.42 33 Mar. 1. 5.26a5.2633 SUNDAY Mar. 4. 61.60a61.70 31.75 Mar. 5. Mar. 6. 61.60a61.71 31.75 27.31a27.34 29.08a29Bu 3.42 33 Mar. 7. 61.60a61.74 31.75 20 K 20 H 27.33a27.36 29.08a29"n 3.42 33 Mar. 8. 61.72a61 75 31.75 20 H 27.32a27.35 29.08a29»n 3 42 3/g Mar. 9. 61.72a61.75 31.75 20 H 27.33a27.35 29.09a299n Mar. 10. 61.72a61.75 31.75 20.20a203< 27.32a27.37 29.09a295i» Mar. 11. 61.73a61.75 31.75 27.33a27.37 29.10a296i» Mar. 12. 20.20a20K SUNDAY Mar. 13. 61.73al6.75 31.75 20H a20.20 203^ a203u 203^ a203t» 20 3^ a203i# 20^ a203i« 20H a203i6 27.33a27.36 29.10a295i» 27.32a27.35 29.09a295u 27.31a27.34 29.07a29»n 27.30a27.33 29.07a29 H 27.27a27.30 29.05a29H 27.28a27.31 29.05a29H 56. 5.26a5.2633 5.2633a5.2633 3.42 33 a3.42 33 Mar. 7. Mar. 8- 5.26a5.2633 5.26a5.2633 Mar. 9. Mar. lO- Mar. 11. 5.26a5.2633 5.26a5.2633 5.26a5.2633 5.2633 a5.26 33 5.26 33 a5.26 33 5.2633a5.2633 5.26 33a5.2633 5.26 33 a5.26 33 Mar. 12. SUNDAY Mar. 13. Mar. 14. Mar. 15. NO NO Mar. 16. RATES RATES Mar. 17. AVAIL¬ AVAIL¬ Mar. 18. ABLE Mar. 19. Mar. 20. Mar. 21. Mar. 22. Mar. 23 Mar. 24. Mar. 25. 5.26a5.2633 5.26a5.2633 5.26a5.2633 5.26a5.2633 Mar. 26- SUNDAY Mar. 27. 5.26a5.2633 5.26 V3a5.2633 Mar. 28 Mar. 29 Mar. 30. Mar. 31. 5.26a5.26J3 5.26a5.2633 5.26a5.2613 5.26a5.2633 5.2633 a5.26,13 5.26 33 a5.26 3^ 5.2633a5.2633 5.2633a5.26V3 ABLE 5.26a5.2633 5.26a5.2633 5.26a5.2633 5.26a5.2633 a3.42 33 a3.42 33 a3.42 33 3.42 33 a3.43 3.42 33 a3.43 5.26 33 a5.26 33 3.4233a3.43 5.2633 a5.2633 3.42 93 a3.42 Mar. 14. 61.71a61.75 31.75 5.26 33 a5.26 33 3 45 Nom. Mar. 15. 61.66a61.75 31.75 5.2633 a5.2633 3.43 5.2633 a5.2633 Nom. Mar. 16. 61.62a61.75 31.75 Mar. 17. 61.60a61.75 31.75 Mar. 18. 61.60a61.75 31.75 Mar. 19. Mar. 20. 61.59a61.75 31.75 20a203ie 27.28a27.31 203^ a203u 20y8 a203ie 27.29a27.32 27.29a27.31 29.0ia29H 29Ma29H 29.06a29J4 203^ a203is 20% a203i# 20y8 a203io 27.29a27.32 29.06a297»i 27.29a27.32 29.06a297»» 27.29a27.31 29.05a297s» 2034) a203i6 20y8 a203i« 20.00a20Y8 27.29a27.32 29.03a293i« 27.28a27.31 29.03a293i# 27.28a27.30 29.01a293i# 20.00a20y8 20.00a20y8 27.28a27.30 28.91a291i# 27.27a27.30 28.69a2815i« 33 5.2633a5.2633 SUNDAY 5.26a5.2633 5.26a5.2633 29.09a29»« Mar. Mar. 5.26a5.2633 27.31a27.35 20 H SUNDAY Mar. 5.26a5.2633 29.10a295i« 5.26 33 a5.26 33 5.2633 a5.2633 5.26 33 a5.2633 5.2633a5.2633 5.26 33 a5.26 33 5.2633a5.2633 SUNDAY Mar. 21. 61.61a61.75 31.75 NO Mar. 22. 61.61a61.75 31.75 31.75 RATES Mar. 23. 61.62a6i.75 AVAIL¬ Mar. 24. 61.61a61.75 31.75 ABLE Mar. 25. 61.61a61.75 31.75 Mar. 26. Mar. 27. SUNDAY 61.61a6l.75 31.75 Mar. 28. 61.61a61.75 31.75 Mar. 29. 61.60a61.75 31.75 Mar. 30. 61.59a61.75 31.75 Mar. 31. 61.59a61.75 31.75 Philippine Straits Rumania Bulgaria Yu goslavia Greece Shanghai Islands Settlements India Java Leu Lev Dinar Drachma Yuan Dollar Peso Dollar Rupee Guilder Checks Checks Checks Checks 15.81al6H» 4913tsa49.85 54.44a54.55 35.05a35.08 53.24 54.44a54.55 35.05a35.08 53 30 3. 15.81al6^ 15.81al6^ 4913i«a49.85 49.75a4913i# 54.44a54.55 35.05a35.08 53.26 Mar. 4. 15.81al6^ 49.75a4913i# 54.44a54.55 35.05a35.10 53.27 Mar. 5. Checks Checks Checks Cables Mar. 1- 2.28a2.31 .8593a.8633 .8593a.86 93 Mar. 1. 2. .7233a.75 .7233a.75 1.2lal.25 Mar. 1.21al.25 2.28a2.31 2. 3. .7293 a.75 1.21al.25 2.28a2.31 Mar. Mar. 4. .7293a.75 1.21al.25 2.28a2.31 .85 93a.86 33 .8593a.8693 .8593a.86 93 .8593a.86 93 Mar. Mar. .85 93a.86 33 .85 93a.8633 Mar. 5. Mar. 6. .7293a.75 1.21al.25 2.28a2.31 .7293a.75 ,7293a.75 1.21al.25 1.2lal.25 .72 33a.75 .72 a. 75 1.2lal.25 1.2lal.25 Checks SUNDAY .8593a.8693 Mar. 6. 15.81al6H 49.75a4913i« 54.44a549ie 35.08a35.12 53.24 2.28a2.31 .86 a. Mar. 7. 54.45a54^ 35.12a35.16 53.29 .85 93a.86 33 .86 a. Mar. 8. 49.80a49I3iB 54.45a54.60 35.11a35.16 2.28a2.31 .8593a.86J3 .86 a. Mar. 9. 49.80a4913ie 54.45a54.60 35.14a35.16 53.27 .85 93 a.86 33 .86 a.86 93 Mar. 10. 15.83al65^ 15.95al614 16.24al63^ 16.31al65^ 49.80a4913ie 2.28a2.31 49.80a49"u 54.45a54.60 35.14a35.15 53.28 .8593a.8633 .86 a.i Mar. 11. 16.28al6^ 49.80a4913n 54.45a54.60 35.13a35.15 53.28 Mar. 12, .85 93a.86 33 .85 93a.86 33 .86 a.b Mar. 13. 16.12al6^ 49.80a4913i« 54.45a54.60 35.11a35.14 53.25 Mar. 14. 16.08al6H 49.80a4913i« 54.45a549ig 35.10a35.12 53.24 Mar. 15. 16.09al6H 49.80a4913i# 54.42a54H 35.07a35.10 53 26 Mar. 16. 49.80a4913n 54.36a543^ 35.05a35.06 53.23 Mar. 17. 16.04al6J^ 16.01al6iMj 49.80a4913ie 54.33a543^ 35.02a35.05 53.23 Mar. 18. 16.00al6^ 49.80a4913ie 54.39a54}^ 35.03a35.05 53.24 Mar. 7. 8. Mar. 9. Mar. 10. Mar. 11. .72 a.75 1.21al.25 2.28a2.3033 2.28a2.3033 Mar. 12. Mar. 13- .72 a.75 *1.2lal.25 2.28a2.3033 Mar. 14. .72 a.75 1.21al.25 2.28a2.30 Mar. 15. .72 a.75 1.21al.25 .85 93a.86 Mar. 16. .7133a.75 1.21al.25 2.28a2.3033 2.28a2.3033 Mar. 17. .7193a.75 1.21al.25 2.28a2.30 .85 33 a. 86 Mar. 18. .7133a.75 1.19al.25 2.28a2.30 .8533a.86 Mar. 19. Mar. 20. .7133a.75 1.21al.25 2.28a2.30 .85 93a.86 Mar. 21. .72 a.75 1.21al.25 Mar. 22. .7193a.75 1.21al.25 Mar. 23. .70 a.73 1.21al.25 2.28a2.3033 2.28a2.3033 2.28a2.3033- Mar. 24. .69 a.73 1.20al.21 Mar. 25. .6833a.73 1.20al.21 Mar. 26. Mar. 27. .69 33a.73 1.20al.21 2.2893a2.31 .8593a.86 .85 33 a.86 .85 % a. 86 SUNDAY .8593a.86 .8593a.8693 .85 93a.8633 .8593a.8633 .85 93a.86 33 .85 93a.86 33 SUNDAY 53.29 SUNDAY SUNDAY Mar. 19. .85 93a.86 33 Mar. 20. 15.98al63/| 49.80a4913i# 54.34a54H 35.01a35.06 53.24 .85 93a.86 .85 93a.86 33 Mar. 21. 16.01016% 49.80a4913i# 53.24 .8593a.8693' Mar. 22. 16.09al67i8 49.80a4913i# 54.35a5434 54.35a543^ 35.03a35.07 35.03a35.07 53.24 .8593a.8633 Mar. 23. 16.07al67i« 49.80a4913n 54.35a543^ 35.03a35.07 53.24 2.28a2.31 .8593a.86 •8593a.86 .8533a.86 93a.8633 Mar. 24. 16.07al67i# 49.80a4913is 54.35a54}^ 35.03a35.07 53.24 2.2893a2.31 .8593a.86 .8593a.86 33 Mar. 25. 16.10al6% 49.80a4913ie 54.35a54^ 35.03a35.07 53.24 35.03a35.06 53.28 .85 SUNDAY Mar. 28. .70 93a.72 1.21al.25 2.26a2.30 Mar. 29. 1.20al.21 Mar. 30. .7033a.72 .7033a.72 Mar. 31. .70 33a.72 1.20al.21 2.2633a2.30 2.2633a2.30 2.26 33 a2.30 SUNDAY .85 93a.86 33 .85 M a. 86 33 Mar. 1.20al.2l Checks SUNDAY Mar. .85 93a.86 .85 93a.86 26. .8593a.86J3 .8593a.8633 Mar. 27. 16.04al6% 49.80a4913ie Mar. 28. 16.03al6% 49.80a4913u 54.35a54^ 54.35a543^ 35.03a35.06 53.24 .85 93a.8633 Mar. 29. 49.80a4913ie 54.33a54}^ 35.01a35.05 53.24 .85 93a.8633 Mar. 30. 16.04al6% 16.03al6% 16.00al6% 49.80a4913n 54.35a54V^ 54.30a54.45 35.02a35.05 53.24 34.99a35.02 53.23 .85 93a.8633 Mar. 31. 49.80a49i3ie