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1 & tsss

BANK/QUOTATION
RECORD
U.

KM.

S.

PAT.

OFFICE

MARCH IN RETROSPECT
Page
Commercial

Financial

and

Cotton

...—---

Course of the Stock Market

Hides and Leather

9

Iron and Steel Trade

..16

Dividend Declarations

Page

1

Events—.

13

9

Money Market

17

New

12

Security Issues

Federal Reserve Bank—Brokers' Loans .18

Petroleum and Its Products..

Foreign Affairs..

Rubber

........

Foreign Exchange

6

53

Grain—Coffee—Sugar—....

—

9

9

......

11
.

Textiles..
United States

10
10

Treasury Financing

12

INDEX TO STOCK EXCHANGE QUOTATIONS
Page

Boston Stock

Page

Exchange

57

New York Curb

Exchange...

58

New York Stock

Exchange—Bonds

19

54

New York Stock

Exchange—Stocks

31

Baltimore Stock

Chicago Stock Exchange—...

Exchange

41

Cleveland Stock Exchange

..66

Philadelphia Stock Exchange

Detroit Stock Exchange

..60

Pittsburgh Stock Exchange

Los

Angeles Stock Exchange

64

61

..69

San Francisco Stock Exchange.

62

INDEX TO GENERAL QUOTATIONS
Page

Banks and Trust Companies—
—

Canadian

...........111

Domestic

91

Canadian

—

03

Bank Bonds

83

Public

91

Exchange Seats
Federal Land

**

Municipal Bonds—
100

Domestic

Public Utility Stocks

Utility Bonds

...

73
78

Railroad Bonds

67

81

Railroad Stocks...

71

Industrial Stocks

84

Real

Insurance Stocks

........99

Foreign Government Bonds

.-92

Industrial Bonds.....

72

Investing Companies Securities....

111

Securities
Mill Stocks—see Textile Stocks—




84

B.

DANA

William Street,

84

84

Guarantee and

Safe

Deposit

Stocks

84

United States Government Securities..91

Mining Stocks

WILLIAM

-112

Textile Stocks

Title

Joint Stock Land Bank—

Estate Bonds..

Real Estate Trust and Land Stocks

United States Territorial Bonds

COMPANY,

Corneb

op

..91

PUBLISHERS

Spruce Street, New York




Jtafje gjeptrsit and grnsl 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.

Venable Baetjer <k Howard

Baetjer

Charles H. Babcock
William G. Baker,

Reynolds & Co.

Jr.-Baker, Watts & Co.

Howard Bruce

Chairman of Board of Balti¬
more

George C. Cutler

National Bank

President of Safe Deposit and
Trust Co. of

E.

Asbury Davis

-President

of

Baltimore

United

States

Fidelity and 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. Riernan

Pres. of Western Nat. Bank

BANK

RECORD
0.

REO.

».

PAT.

OFFICE

Copyright in 1938 by WILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. C.
as Second Class Matter, March
9, 1928, at the Post Office at New York, N. Y., under the Act of March 3, 1879.

Entered

VOL. 11

NEW YORK, APRIL 8,

Bank

month.

The Bank and Quotation Record Is one of tbe companion publications
the Commercial 3c Financial Chronicle and is issued
monthly
Terms for the Chronicle
and U.

8

and Central

America

leagues, Dr.

a

Postage outside of United States

year.

$1.00

his

his

charges

held guilty

was

post

by
an

for

per copy.

of

OHIOAOO OFFICE—208 South La Salle Street.

WILLIAM

B.

DANA

William Street

investigation

Southern
March

COMPANY, Publishers,

the purchase

Spruce Street. New York

corner

Co.'s

properties

to

TVA

the

REVIEW

OF MARCH—COMMERCIAL

FINANCIAL

Independent steps
from

taxes

of

in

which

11

EVENTS

have been

directors of

the

important

by municipalities and

held

Electric

developments in

&

Share

Valley Authority,

governmental

the

were

activities

more

during

bill, while that of the Senate

executive reorganization

Senate

the

was

of the

passage

bill.

March

on

the passage of a new

was

basis had been

peace

In what

found

in which

case,

it

upheld the validity

Exchange

Commission.

ingness to pass
without

ure

that

actual case before it,

"Congress

the govern¬

the activities which could have any

ment

opposition

of

Republican-Democratic

a

the

while making concessions which

Democrats

limits

by

executive

is vie\ved

as

Government

measure

The

Senate bill has

reorganize bureaus and

order

subject

to

y.-;y

Displaces the Comptroller General by

an

agencies within

congressional

y

Auditor General with fewer

v..^■';1
Establishes

Planning
(4)

a

lands

held

Department of Public Welfare and

National Resources

a

Board.
Administrator

an

(5) Authorizes

the

appointment

for

of

the

six

Civil

Service

special

assistants

to

the

Presi¬

of

said:

the

"After

for

debate

naval

March

21.

March

on

expansion

Aside from

congressional action

17

bill, the

was

the

the

on

special

measures

mentioned,

compromise

a

tive

Ramspeck,

March

10.

William

Labor,

Green,

measure

which

increased

wage

The

Senate

on

widening the
to

make
on

that

would
over

to

President

meeting
the

of

Roosevelt

the

American

organization

provide for

a

passed

and

March

3

Federal,

support

of
a

30c. hourly minimum

the bill

of

years to

Senator

40c.

Glass

of the Reconstruction Finance Corpora¬
power

States

and

of that government agency

municipalities.

Committee

Maloney bill, which provides for the regula¬

tion of over-the-counter markets, was concluded
month

on

committee,

Federation

would

period of two to three

reviving the

loans
the

a

of

his

April 1

scope

tion loans and

action

President

intimated

with

informal,

an

began draft¬

after its Chairman, Representa¬

measure

conferred

In

other

the

measure

after it

State

had

and,

passed by the Senate

was

been

reported

to

the

amended to exempt

municipal
on

securities.

'

The

during the
Senate

on

dealers in
bill

was

April 1.

Tennessee Valley Authority was climaxed
A.

E.

Morgan demanded

of the TVA.

and

a

five

a

President Roosevelt took




on

March 2 when

congressional
a

investigation

hand in the contro¬

and

decision

a

the

from

oil

Federal
and

gas

upholding the
the gross

on

conference

years

as

on

President.

the tShip of

made by

was

March 4

com¬

The Presi¬

State

still

is

Incidentally, he reiterated his desire

minimum wage and hour bill, and
later, on March

a

all

exer¬

unemployment relief.

press

against the "selfishness

23,

a

few"

speech at Gainesville, Ga., where he dedicated

a

the part of

a

town

square

named

in

his

honor,

on

which

at

time

he

demanded

higher wage levels in the South.
With-the continuance

of

the

economic

recession

and

its

resultant effect upon normally inadequate freight
revenues,
attention was turned during the month to a
way out of the
rail

plight.

Following

the Interstate

sion's granting of increases in

Commerce

frqight rates

on

Commis¬

March 8, esti¬

mated to net $270,000,000 annually, the President announced
a

conference

At

the

attended

was

and

on

labor

indicated

pelled

of Walter M.

report

the

conference,

representatives

of

government

consolidation

of

following week.

March 15, which

on

railway

railroads

might

government

as

a

second conference

appointed

a

three-man

W.

a

management

officials, the President

Following

President

action

of

several

that

by the

missioners

by

and

predicament.
the

the carriers' plight for the

conclusion

way

out

for the
on

committee

be

com¬

carriers'

March

17,

consisting

Splawn, Chairman of the ICC, and Com¬

Joseph B. Eastman and Charles D. Mahaffie to

back

to

him

on

by Congress in

recommendations

"for

immediate^

regard to the whole railroad situa¬

I

tion."

A long standing disagreement
among the directors of the

Dr^

in

confined to routine appropriations.

A subcommittee of the House Labor
Committee

ing

billion

House voted its approval

meas¬

March 7 in which

on

to two that

objectives of the New Deal

course."

same

unwill¬

structure

derived

income

State;

a

five

public utilities for

he declared

on

tax

from

of

memorating his fifth anniversary
dent

Securities

the

court's

bearing upon the

Two decisions

vote

a

A renewal of the

dent.

Concluding

the

Other important actions

authority."

President Roosevelt at

on

Board.

of

Chief Justice Hughes

financial

,

Substitutes

dollar

by

could

leased

income

within

veto

'■ ;,y/'

powers.

(3)

court

the

right of New York City to impose a 3% levy
to

days.
(2)

congressional

the

following provisions:

specified
60

of

organization,

of the court included:

as

meeting the Administration's wishes.

(1) Authorizes the President

cise

to

as

generally regarded

are

limiting the President's authority, the
the

revolted, but

one

Share

entitled to demand the fullest in¬

was

of executive departments of

of

&

the constitutionality of the whole

on

an

with

Declaring

the reorganization

the

negotiations

of that part

utility holding corporations to register

formation

About one-third

which

on

Public Utility Holding Company Act of 1935 which requires

provide for

despite

L.

considered the most significant decision this

was

the bill to

coalition.

Wendell

March 28 in its decision in the Electric Bond

on

said

28 passed

March 10 of

on

and

term, the Supreme Court upheld the government six to,

and

The chief action of the House

The

new

partially respon¬

case

Mr.

could be conducted.

recession, dissension in the

the Tennessee

Bond

Lilienthal

between

On

plan for

a

districts of exist¬

power

Publication

a

the past month.

tax

re¬

Willkie, President of Commonwealth & Southern, indicated

Administration victory in the Supreme Court's de¬

an

cision

the

AND

the part of Congress to relieve the

on

for the present economic

ranks
and

22.

Dur¬

progressed.

5, Director David E. Lilienthal proposed

correspondence

sible

March

on

of the TVA

resolution providing

a

ing private electric facilities.

Nation

col¬

"contumacy" and

joint congressional investigation into the TVA.

a

the

his

ing the month negotiations for the sale of Commonwealth &

LONDON OFFICE—Edwards 3c Smith. 1 Drapers' Gardens, B.C.

J

to

as

against

President

the

sulted in the passage by Congress of

Record is $10.00

Single copies are sold at

extra

Morgan

from

based

he

Meanwhile, agitation for

$20 in other foreign countries.
The subscription price to the Bank and
Quotation

declining to inform the President

which

on

dismissed

$18 50 in South

Mexico and Cuba, and

Argentina). Spain.

(except

After

grounds

$15 per annum within the United States

are

Possessions and Territories; $16.50 in Canada-

NO. 4

when he called the directors before him during the

versy

Quotation Record

and

1938

Another change in monetary policy was made
during the
month

when

would

buy

on

no

further notice.

March 27 the Treasury

more

The

announced

that it

silver from Mexico after April 1 until
move

was

regarded

in Washington as

MONTHLY

2

Gbverhment in raising of import duties

acts of the Mexican

expropriation of American oil properties.

and the

On two

v

March 28 and 29; the Treasury lowered the

successive days,

silver a cent, reducing the price

price it pays for foreign
45c. to 43c. per

from

.United States against recent

of retaliation by the

measure

a

ounce.

? '

j

;

,

,

charges

of

empowers

demanding. the basis of charges made by TVA Chairman Arthur
associates, Mr. Roosevelt said the TVA Act expressly
him to create an investigating agency to obtain them.

President gave Dr. Morgan until 1:30 p. m. on

Roosevelt,

in

unexpected

an

announcement

early in the morning of March 31, declared that he
has "no inclination to be a dictator" and that he lacks "the

dictator."
Newspaper men, many of them summoned from their beds
by White House attaches who accompanied the President
qualifications which would make me a successful

on

of

a

Ga., were handed copies

his vacation at Warm Springs,

unidentified

Roosevelt had written to an

letter Mr.

fears that passage of the Govern¬

friend who had expressed

reorganization bill might lead to a dictatorship.

ment

The

reply warmly defended the reorganization

President in his

background
too much knowledge of existing dictatorships to make
desire any similar form of government in the United
and said that he had too much historical

measure,

and

him

States. '7:K

X

'

President said, why
the reorganization bill should be approved by Congress in
the form in which it passed the Senate.
One of these, he
continued, is the fact that a Congressional resolution cannot
There

0*

repeal

are

two important reasons, the

Executive action taken in pursuance of a law,
second "is the very remote possibility that some

an

while the

support of his charges

March 21 either to submit evidence in

stand

ordered

colleagues

Dr.

Morgan

the

White House, and Mr.

Morgan to

retract charges against

at

conferred

again

Roosevelt
his

On March 21 the three

of "contumacy."

guilty

Directors

Dr.

face suspension

or

-

-

--v

-

.

On March 30 the House adopted

March

.

theSenate

by

on

amendments.
On
Senate accepted the House amendments, and

March 31 the

creates

resolution

several

added

House

the

the President for his approval.

the legislation was sent to
The

"

-

voice vote the reso¬

a

passed

resolution

Barkley

25,

by

for an investigation into the TVA; in approv¬

lution calling

the

In reply,

removal.

or

the removal power, and said that

challenged

he would not resign.

ing

TVA Directors, on

conference with

the

of

close

the

March 18, the

or

issued

which we quote, added:

Morgan against his

E.

Historical Background

President

United Press

TVA directorate.

the

on

accounts from Washington, from
Flatly

investigate j;he

to create a special agency to

powers

basis

At

Be "Dictator**—Let¬
Friend Says He Lacks Qualifications and Has Too Good

to

tive

,

President Roosevelt Disavows Any Intention to
ter

REVTEW

special

a

joint congressional com¬

mittee to conduct the

inquiry.

The join& congressional com¬

consist

of five

Senators to be appointed by

would

mittee

Vice-President Garner and five Representatives

*

by the Speaker of the House.
Roosevelt

President

Message to

in

to be named

*•
Transmits Six-Year

Congress

Water Resources as Em¬
Report of National Resources Committee
v

Program for Conservation of Nation's
bodied in

In

Congress, on March 10, President Roose¬

message to

a

report of the National Resources Com¬
legislative situation might possibly arise in the future where
mittee, which recommends a six-year construction and in¬
the President would feel obligated to veto a joint Congres¬
vestigation program "for the utilization and conservation
sional resolution and probably require a two-thirds vote to
of the Nation's water resources and a unified policy of
transmitted

velt

a

.

override his veto."

.

•

■

1

*„

■

.

control

water

Small Business—Secretary

President Roosevelt Acts to Aid Large and

Morgenthau Heads Committee to Study Question
Short-Term Credit

of Long-and

Congress

Roosevelt in the furtherance of
financial aid for business, large and small, was made known
on March 24 by Secretary of the Treasury Morgenthau at
Action taken by President

conference.
Before leaving Washington, on
22, for a brief vacation at Warm Springs, Ga., the
President, according to Secretary Morgenthau, asked the
latter to head a committee to study and report on the ques¬

his

press

March

bandry of

Exchange

owing to the business and legislative uncertainty,

months

reported turned over to the committee by the President.
On March 24 Mr. Morgenthau was quoted as saying:

were

The President asked
email

business

received

had

business

left he gave me every suggestion which he

There will be other meetings.

It is

a

very

im¬

of long- and short-term credit.
constructive.
/

portant matter involving the whole question
will

We

try to work out something

to

Congress,

Morgan Removed by President Roosevelt as TVA Chairman

—Inquiry

on

TVA Voted by Congress

President Roosevelt announced on March 22 that he had
removed Dr. Arthur E. Morgan from his office as Chairman

7:1

and member of the Board of the Tennessee
and

the

at

that he had

announced

time

same

Valley Authority,

Harcourt

A.

Chairman.

as

along with

Morgan,

appointed

of his personal investigation

sent the record

of the controversy among the

Directors, together with an opinion by Solicitor Gen¬

TVA

Robert H. Jackson,

eral

(March 23) the President,

The following day

special message to Congress,

a

Dr.

remove

object

to

a

The President said that he does not

Morgan.

"fair"

upholding the. President's right to

legislative

inquiry

into

TVA, and

the

is

of Congress to undertake at

may

President

duty to take

that the laws be faithfully executed.

care

President Roosevelt
on

time any fair
Congress

any

its policies which

sought

settle internal

to

the directorate of the TVA at

a

conference

of

at the White House with Chairman Arthur E.

dissension
March 1

Morgan and

Harcourt A, Morgan and David E. Lilienthal, the other two
directors.Dr.

Arthur Morgan had

charged that the other

two members of the TVA Board had

hampered the operation

of the Authority.
•

ment

The two other members issued a state-

asking for Dr.

Morgan's

resignation

satisfied with the conduct of the Board's

further

conference,

on

March

18,

with

if

he was not

majority.

TVA

At his

the Water

control,

development of

the

and

conservation.

soil

v

as

for

that

in

tribute

Roosevelt,

preserving

ing

the

in

and

developing

that

gram

built up
The need

4.

lands,

The

private

need

well

as

Methods

5.

lands

that

con¬

now

regrowth, that

alarm¬

an

become tax-delinquent,

had

of it is forming a

"much

no-man's land."

new

His five-point pro¬

^
forest

timber

that

insure

to

be conducted

forest

private

and

private

Other

lands

and

effectiveness of present activities in protecting
lands from fire, insects and diseases, and ot
efforts between the Federal Government and the States.
measures,
Federal and State, which may be necessary and

and

advisable

public

The message pointed out

forest

area

neglect,

worthless

adequacy

cooperative

as

on

forest products, cropping operations

cut-over

included:

The

public

of

through

almost

but

our

conducive to maximum

amount

may

Congress

to

message

a

privately-owned

96% of all

not

were

2.

President Roosevelt-

Baiss of Congressional Action in 1939

forest lands in the United States.

1.

power

'

as

cropping

on

continuous operations,

privately-owned

forest

lands

with the productivity of the

against future requirements.
for extension of Federal, State and community ownership

;7\'.

and of planned public management of them.
for
as

and

such'

regulatory

controls

as

will

adequately

protect

the broad public interests in all forest lands.

possibilities of employment in forestiry work and private

public forest lands, and possibillities of liquidating such expenditures
be involved.

are

or

In

his message the President

tion

may

for

immediate

h

of

study

said"I make this
our

forest

problem

sugges¬

by

the

Congress in the belief that definite action should be taken
by the Congress in 1939."

r

V.'V'/''OK'At

President Signs Bill Broadening Powers of Federal Trade Commission

Following Adoption

by Congress of Measure Relating to False

Advertising of Foods, Drugs and Cosmetics

-

On March 21 President Roosevelt signed the bill designed

directors, ;to widen the power of the Federal Trade Commission

President Roosevelt suggested that he might use his execu¬




on

five-point program designed to develop legislation in

a

and

on

confer

14, urged study by a joint congressional committee

March

But I cannot in the meantime abdicate my constitu¬

deem advisable.

tional

or

flood

and

Study Urged

3.

clearly the right

In that message the President

Five-Point Survey of Forest Lands Asked by

of

It

of

resources

added:

inquiry into the administration of the TVA

"in accordance with my

resolution which proposed to

a

vention

of the two other Directors,

one

President,

the

said

of Aug. 13, 1937, in returning without my approval

Department authority to develop national plansi for the pre¬

and

Dr.

the systematic hus¬

approach to

an

natural resources, on a democratic regional

Senate Joint Resolution 57."

1939
Dr. A. E.

illustrate
our

national plan for the conserva¬

the question and report back to him.

to study

us

time.

some

to meet to consider loans to industry, including

reference for

of

water resources" was presented

subject, including those made officially by the small

He asked

men.

take

It will

this

on

us

Before he

men.

frame

The "comprehensive

basis."

vetoed

and

a

tion and development of our

Commission made in connection with
securities flotations, which have fallen off sharply in recent

ities

to industry.

loans

present

they

before

they

cause

message

of

in his

President,

The

"careful study of these documents by the

legislative programs affecting water conservation and be¬

Suggestions resulting from the
small business men's conference and studies which the Secur¬

tion

development."

and

<

urges

message,

unfair

methods

of

over

competition by increasing its authority

MONTHLY

April, 1938]
to

unfair

cover

action

is

amendment

an

and

is

advertising
metics.
the

of California, the bill

Federal

Commission

the

to

designed to give
of

food,

drugs,

The bill passed

House

■

therapeutic

the Senate

measure

sent

was

and

devices

the conference report was "agreed to by the House on
and

by the Senate

March 14.

on

In the Senate,

Senator Copeland of New York in

Trade

Commission

Act

from

results to be obtained."

the

26;

Feb. 14

loans,

passed in 1914."
■

■
...

■

.

.

made known

Feb. 23.

ending June 30.

year

passed by the House

was

The

In the conference report

bill

before the Senate

on

"Amendment

As

28, disagreement

noted

was

The bill amending the Act of Feb. 11,

as

United States—Repayment Proposed

Without Interest

Congress of the proposal by Hungary'

asked by President Roosevelt in a message on

proposal

ago

to

by John Pelenyi, Hungarian Minister to this Country.

The President in his message
835.61,

The Senate added an amendment
by Senator Lewis B. Schwellenbach
(Dem., Wash.), calling for repeal of the Woodrum amendments to the 1937

March 28.

submitted to the State Department

was

month

a

said:

'

The original indebtedness, the principal amount of

Washington, Feb. 23:

which'was^Sl ,685,-

ment made in

Relief

Act

funds

over

On

\<i

No.

which

Feb.

of

28

bearing
a

report

March

on

March 2.

WPA

distribute

must

bearing 3%

Adams

from

recede

to

Woodrum

Colorado

from

amendment.

After

1,

the

Senate

agreed

The conference report, it

to the

House Passes

Having
Means

ration

/ the Corporation.
establish

received

by

annual
was

Feb.

on

the

than

rations

of

to

the

Corporation, and

the newly-enacted

as

passed by the House
28.

The bill
of

Reconstruction

the

Finance

States

all

by

Corporation

"to

and

transfer

right, title and interest in

to

and

to

capital stock" of the Corporation which each of them

on

contracts

to

President

the

for

tax

on
on

on
no

of the

capital
more

closely

,

Tentatively,

on

held

stock

House

the

than

kill

year.

March

11 passed

the bill

March

on

or

family

on

a

20%

organizations.

corporate

tellers' ballot of

a

11

refused to
a

The

eliminate the undistributed

flat levy of 12%%

capital gains,

on

increase in the levy on hard liquor.

an

roll call

provision imposing

'

•

As to the House's action, March 11, United Press accounts

from

Washington said:

Before

held

his

a

eliminate the tax from the bill.

to

profits tax, impose
or

is

gains tax

closely held corporations

March 9, the House,

the

now

corpo¬

on

their

and

assets retained

on

16%

less, but

or

most corporations

on

$75,000

modification

a

180 to 124, voted

Clearance Projects

presented

reported

as

20% surtax

a

and 1

the House

of 294 to 98, and sent the bill to the Senate.

the

(1)

first

and

above

are

basket"), the House

a vote

tax

President ,Rooseoelt Authorises Initial Housing Contracts
Providing

The

bill

The

20% tax

a

vote of 233 to 153 to re-insert the

wj

Slum

incomes

defeating the 20%

holds.

for

Ways

measure,

Before passing the bill the House declined by a

new

Secretary of Agriculture,

Credit Administration

Com¬

Committee

House

revision

tax

of $25,000;

excess

applies to gains

("third

to

Feb. 15 and by the Senate

on

directs the

Farm

The

it

After

authorizes

measure

if

closely held,

$100,000,000, the Sec-

appropriation out of Treasury funds.

Governor

United

less

the

of

report

the

undistributed profits tax;

Commodity Credit Corpo¬

determining the net worth"

contribution

a

enable such payment

law

as

the
on

March 3 with debate.

on

with incomes .in

of the Treasury is to restore the amount of the

retary

impairment

an

signed

appraisal

an

In the event that the appraisal shall

;

the net worth

Bill—Senate Finance

corporations with incomes of $25,000 a year

March 8 calls for

"for the purpose of

Revision

contained provisions for an income tax <>f 12%% to

modity Credit Corporation to $100,000,000

of the assets and liabilities of the

Tax

Committee

proceeded

on

to the

repay

pletes Revision of Bill

*

One of the bills recently passed by Congress and

per

the President in his message"

says

Hungarian Government is to

a

President Signs Bill Passed by Congress to Restore Capital of Com¬

by President Roosevelt

of the latter date, by agree¬

ment of interest thereon."

denying relief funds to aliens who had

citizenship papers.

as

United States the whole of the relief loan, but without pay¬

on

is stated, eliminated

simplest terms"

the offer of the

the

report

founded

„

Tn its

the

"Amendment

was

for the first 10 years and thereafter at the rate of 334%
~
•
*

annum.

Senator

434% per annum,

April, 1924, into bonds of Hungary in the aggregate principal
of $1,939,000, maturing serially in the succeeding years for 62 years,

amount

available

its

vote of 34 to 9, had agreed to the conference

House amendment
not filed

the

agreed

the

on

House, by

that

interest accrued thereon from May, 1920, to December, 1923,

was

at the rate of

period.

motion

on

2,"

provides

12-month

a

the

Senate

o

Con¬

of

11, 1937, and signed by President Roosevelt
day.

same

created

was

passed by both branches

was

The

explained in United Press advices from

was

which

Feb.

on

Corpo¬

was

2"—dealing with the so-called Woodrum

No.

amendment.

Feb.

the

to

for the settlement of the latters debt to the United States

the bill, which came

on

Corporation,

$9,011,010, had been authorized by the.

Consideration by

Feb. 16 and by the Senate on

on

Finance

The Disaster Loan Corporation

bill

a

the

help in financing Works Progress Administration relief

projects during the fiscal

on

President Roosevelt in Message to Congress Urges that Consideration
Be Given to Hungary*s Proposal for Settlement of Its Debt to

had signed the deficiency appropriation bill of $250,000,000
to

was

House

the

approved May 28, 1937.

was

March 2 that President Roosevelt

on

bill

The

by

1937, making it applicable also to floods occurring in 1936,

$250,000,000 for WPA Relief Projects
was

1938.

in

16 and

.

President Roosevelt Signs Deficiency Appropriation Bill of

It

Feb.

on

1937, Mr. Jones reported that 7,525 separate

aggregating

the

on

■'

disasters

to

Senate

Reconstruction

Corporation.

gress

■

the

ration during

foods and drugs that has prevailed since the Federal Trade
'

apply

with respect to the operations of the Disaster Loan

Federal

under

was

it

the

bill extending

a

of the Disaster Loan Corporation so

In a letter addressed by Jesse H. Jones, Chair¬

of

man

"It will," he said, "serve merely to

i

,

Chairman of the Senate Banking and Currency Committee,

perpetuate the same ineffective control procedure as regards

Commission Act

by

Fetfy 18.

practical

of

standpoint

make

passed

opposing the bill stated

that it makes "no appreciable change in the existing

to

as

March 14,

on

President Roosevelt signed

the lending authority

cos¬

Jan.

on

'

ity of Disaster Loan Corporation

On March 3

Jan. 12 of this

on

conference

to

Act,

false

over

signed by

was

Feb. 3, this year.

on

President Signs Bill Passed by Congress Extending Lending Author¬

March 29, 1937, while

on

passed it in amended form

The

year.

Trade

effective control

more

(the Wagner-Steagall Act)

President Roosevelt

of Montana

(Democrat)

(Democrat)

Representative Lea

embodying amendments to the United States Hous¬

ing Act of 1937

March 14.

on

Sponsored by Senator Wheeler
and

A bill

Congress completed

deceptive practices.

or

the bill

on

3

REVIEW

final

passage,

;

-

the House reaffirmed:

Elimination of the eo-called third basket

tax

on

corporations.

income

\

:

of
.

■

closely
■.

(2) Increase of the liquor tax from $2 to $2.25 a gallon, designed to
up for revenue lost by elimination of the third basket levy, v
y.
Provision adding 6c. to the present 3%c.-per-pound excise tax on

approval by Nathan Straus, United States Housing Au¬
thority, providing for low-rent housing and slum-clearance

make

projects w£re signed by President Roosevelt

imports of pork and pork products.,

on

March

.

(3)

17.

(4) Publication of corporate incomes of

The

projects are in Austin, Tex.; Charleston, S. C.; New
Orleans, La.; Syracuse, N. Y., and Youngstown, Ohio.
On
March 9 Mr.

Straus earmarked

a

housing projects up to the

of
'

entire

of

amount

$500,000,000

provided

in

the

Wagner-

Steagall Act, which was signed by President Roosevelt last

September.

With the earmarking of the funds

on

March 9,

Mr. Straus said "the size of several projects and the amount
of

the loans

approval will
action."
y

be submitted

to

be

materially

shortly to the President for
increased

by

reason

of

this

tax

8% to 11% plus undistributed profits taxes of from 7% to 27%.
earning more than $25,000 would pay an undistributed

Corporations

profits tax of 20%.

to the

$300,-

distributed.

on

begun

committee

tax

topi rate to a minimum of 16% if all earnings

on

was
on

were

^

^

Hearings
were

the bill

by the Senate

Finance

March 17, and revision of
completed

on

March 31.

the

Committee
bill

by the

The Senate Finance

March 24 eliminated the undistributed
profits

principle from the bill and modified the capital gains

000,000 that could legally be paid out in the next 22 months,
the Housing Authority had allocated $168,445,000
up
to

voted

a

March ,9, it was reported.

tions

for




They would get credits of 4% of dividends distributed

which would reduce the

Committee

■

On the original basis of limiting earmarkings

more than $75,000.
bill, corporations earning less than $25,000 a year would pay
graduated from 12%% to 16%.
At present they pay normal taxes

Under the

i

tax.

In place of the undistributed profits tax the committee
flat

18% tax

corporations

on

corporate net income, with excep¬

earning less than

$25,000

per

year.

4

MONTHLY BEVIEW
The

For the House capital gains

tax it substituted a formula
patterned after a similar tax in the Revenue
Act of 1924, giving options in declaring both long-term
capital gains and long-term capital losses whereby persons;
with comparatively small incomes could receive benefits
greater than those* with large incomes*
On March 25 the

vote

the passage

on

the House on

the bill in

of

March 21 came after that body had rejected by a vote of

of flat rates

to 113

a motion by Representative Church
(Republi¬
of Illinois to recommit the bill to the Committee on
Naval Affairs with instructions to report it back with an

274

can)
1

amendment calling for the? striking out of the provision
gift .authorizing the construction of 105,000 additional tons of
capital ships.
.taxes.::
V
1
V.
The bill was favorably reported by the House Naval
Senate Passes
Government
Reorganisation Bill-—Many Protests
Affairs Committee on March 3 by a vote of 29 to 3.
The
Lodged Against Bill
House concluded' debate on the measure on March 17.
:
The Administration reorganization bill on March 28 was
approved by the Senate by a vote of 49' to 42, shortly after Senate Passes Glass Bill to Widen RFC Lending Powers in Behalf of
Industry—Plea to Extend Same Authority to PWA Rejected
the Senate, by a vote of 48 to 43v had defeated a motion
The Senate passed on April 1 the bill sponsored by Sena¬
sponsored by Senator Walsh to recommit the measure
It
tor Glass, designed to widen the scope of Reconstruction
was estimated that within 48 hours of the time the vote
Finance Corporation loans to business and revive RFC
was taken Senators whose position was doubtful received
committee

eliminated

the

proposed

estate

new

and

flood of telegrams regarding the measure, of which about
95% urged' that it be defeated. The reorganization measure
was sent on March 28 to the House, which last year ap¬

a

proved two reorganization bills
On March 29 the Demo¬
cratic members of the special House Reorganization Com¬
mittee decided

Senate

substitute

to

The

bill.

bills

four

acted

House measures for the

by

upon

the

House

last

part of the four House measures involving
government reorganization plans of the Administration.
They were passed, respectively, on July 27 and Aug. 13.
were

year

From United IPress: advices from Washington, on
we

would

already have? been approved by the

measures

be incorporated

The other
two measures, coinciding with Senate provisions for creation of an Auditor
General's office for post-auditing: expenditures,, still are- pending
The pending House bill would retain the Comptroller General's office,
limiting its powers to pre-auditing.
;
One of the approved House bills is similar to a provision of the Senate's
omnibus measure, authorizing establishment of a new department of public
welfare and consolidation

The

would

other

in

broad bill for action.

a

of various relief and welfare agencies.

give

President

the

six

at

an

tion of a single administrator for the civil service instead of the present
bi-partisan, board';..v;!!!
■■■•v.:-:'-v-v

committee

House

March

30

reported favorably
passed by the
Senate.
House debate began on March 31, after the House
had voted by 202 to 143 to d'ebate the measure under rules
permitting each member to speak for one hour, after Admin¬

the

substitute

four

on

bills

for

the

measure

istration leaders had failed to obtain unanimous consent to
limit

debate to six

The

hours.

outlined

by the Senate
follows in United Press Washington ad¬

as

vices, March 28:-

■'i.V-'-V

Authorize the President

to

reduce,

coordinate and reorganize the various

executive

agencies* with the exception of independent establishments such
the Federal Communications Commission.

Abolish

the

administrator,
the merit
civil

bi-partisan
who

to

would be

cover

!!v'

system.

Abolish

Civil

Service Commission in

authorized to

develop,

favor

of

a

single

expand and revamp

The President also would be authorized to extend the

system.

service

200,000 Federal

workers

not

now

under the merit

v''V,

Executive Department.
Auditor General.

Accounting

A system of post-audit would be established under

an

Create

Federal

welfare
be

a

Provide

,

Department of Welfare into which

a

agencies

member

for

six

of

would

approximately a

be incorporated.

the President's

administrative

The

score

of

department's head

Cabinet.

assistants

the

to

who

would

be authorized to make rules and regulations for their cooperation with the
various*

The Administration's

$1,121,546,000 naval expansion bill,
calling for an increase of approximately 20% in the United
States naval armed forces, was approved by the House of
Representatives on March 21 by a vote of 249 to 100, with¬
important changes in the text as originally pre¬
by spokesmen for President Roosevelt.
The measure immediately went to the Senate, to become the
subject of hearings before the Senate Naval Affairs Com¬
any

sented to Congress

mittee, where it is expected to provoke debate on the Ad¬
ministration's foreign

policy and the vulnerability of battle¬
Stating that the measure author¬
izes a general 20% increase in the Navy's fighting strength
over
treaty limits, including 47 combat vessels and 22

ships to airplane attack.

auxiliaries,

United

21 also had

March

Increases authorized,
.

include:.

Press
the
but

accounts from Washington
following to say, in part:

for

which

' v!,w'"

Three

on

appropriations must still be made,

v•.!'!'■•

...

battleships, which, with the four ordered constructed or
appropriated for in the 1939 naval supply bill, will give the United States
18 modern, under-age dreadnaughts.
new

Two aircraft

carriers,

making

a

total of eight.

Eight additional cruisers, making a total of 47.
Twenty-five more destroyers, making a total of 147.
Nine more submarines, to bring total strength to 58i
The
marine

the

amendment

sought

in

22

auxiliary vessels will include five destroyer tenders, three sub¬
tenders, four large seaplane tenders, seven small seaplane tenders,

and three

repair ships.
addition* the measure authorizes 960 airplanes and specifies that the
Navy's minimum air strength shall be 3,000 first-line planes.
It also
authorizes construction of a dirigible and earmarks $30,000,000 for experi¬
mentation with deadly torpedo boats—commonly referred to as "suicide
In

ships"—and' airplane engines and munitions.




in

Senate

the

to

restore

to

on

March

27.

Corporation made

the

Corporation
legislation.

newly-introduced

the

the

right

Defense Appropriation Bill Totaling $1,000,000,000 Pushed Through

Congress—-House Passes $448,116,280 War Department Bill and
Senate Approves $549,227,842 Navy Department Measure

measures

carrying

a

total of approximately

Si ,000,000,000 for the Army and Navy during the fiscal year
ending June 30 1939 were pushed toward enactment in Con¬
gress this week.
The House on March 29 passed and sent
to the Senate the

largest War Department Appropriation Bill

since 1929, with a total of $448,116,280, or $32,853,130 more
than allotted last year and $5,222,551 less than the Ad¬

ministration asked.

The Senate on March 30 passed the
Navy Department Appropriation bill as it
came from committee.
The Naval Appropriation Bill was
passed by the House on Jan. 21.

$549,227,842

House Passes Bill Liberalizing Provisions of Compensation Benefits
for Widows and Children of World War Veterans—Would Pro¬
vide Pensions for 5,000

The House

on

Additional Widows

March 21 passed the Rankin bill liberaliz¬

ing the provisions of the existing law governing death com¬
pensation benefits for widows and children of World War
There

veterans.

record vote on the bill, passage

of
action on the Gasque pen¬
provide pensions for more
The Rankin bill would grant Federal

was no

which was hastened to postpone
sion bill, designed, it is said, to

than 175,009 widows.

pensions to approximately 5,000 additional widows of World
weterans

and their

United

families.

from Washington on March 21,
on that date, said:

Press

advices

referring to the House action

The Rankin bill makes three important changes in the present law:
Reduces from 20% to 10% the amount of disability the veteran incurred
in the service before hie family alter hie death is. entitled to a pension.

Scraps the provision that
Eliminates the
her claim-to

a

departments and- agencies of government.

House Passes 20% Naval Expansion Bill—Measure Goes to Senate

out

introduced

was

date Chairman Jones of the

same

1931, could' not claim

President,

Mr. Ickes

public a letter addressed to Senator Glass, on March 21,
stating that he was authorized by the President to request

War

General?

the

Office and the post of Comptroller
General^ transferring their functions to the Director of the Budget in the

would

the RFC

of

major provisions of the bill passed

were

as

"cooperation" between the RFC and" the PWA.

sought an amendment authorizing the PWA to make loans
and grants to States and municipalities.
The bill of Senator Glass to broaden the lending powers

Appropriation

assistants

anonymous

annual salary of $10,000 each, as provided in the Senate measure.!
The second" unpassed bill provides, as does the Senate bill, for substitu¬

The

mitted^ despite a request by Secretary of the Interior Ickes,
Administrator
of the Public Works Administration, for

.

Two of the four substitute

ahd

House

On the

take the* following:

House

March* 29,

to make loans to States and municipalities.
The
Banking Committee approved' the bill on March 30.
The Senate committee, in. approving the bill on March 29,
made no change in the measure as it was originally sub¬
power

a

woman

who married

pension at his death.
stipulation that a widow must

a

veteran after July

1,

a

prove

within three years

pension...

Senate PassesMaloney Bill Providing for Regulation of Over*Counter•
Markets

The Senate

March 31 passed, without a record vote,
the Maloney bill providing for the establishment of a mech¬
anism

of

on

regulation

over-the-counter dealers and
17 by Senator Maloney of
Connecticut, the bill provides for self regulation under the
supervision of the Securities and Exchange Commission!.
Under the bill provision is made for the registration with the
brokers.

SEC

the

of

Introduced

national

among
on

Jan.

associations

over-the-counter

market,

of

brokers

and

dealers

in

with

authority for such
associations, organized on a geographical basis, to draw
up their own rules and1 regulations,
subject to the ap¬
proval of the SEC.
The bill was reported to the Senate
on March 3
by the Senate Banking and; Currency Committee
after it had been amended to exempt transactions of dealers
in Federal, State and municipal securities from
provisions
of the measure.
A bill along the original lines of the Ma¬
loney measure was introduced in the House early in March
by Representative Lea.
^
United States Supreme Court Upholds Registration Clause in Utility
:

v'■='

Holding' Company Act

'

■\S'

The United

States Supreme Court, in a 6-to-l ruling, on
March 28 upheld the constitutionality of the provision in
the Public Utility Holding
Company Act of 1935 requiring
holding companies to register with the Securities and Ex¬
change Commission and subjecting them to penalties if they
failed to do so.
The decision was regarded as a major New
Deal victory, since the case, which was brought on
appeal
by the Electric Bond & Share Co., was considered one of
the most important to be ruled
upon by the Supreme Court
during the present session.
>

The

5

MONTHLY REVIEW

April, 1938]

opinion was rendered by Chief*
Justice McReynolds cast a negative vote,
but did not deliver a separate opinion.
Justices Cardozo
and Reed did not vote.
After discussing the Congressional'

Court's

Supreme

Justice Hughes.

with Justice Benjamin N. Oardozo taking no part

in ^consideration of the

case.

The tax has been continued by New York State, with the

State govern¬

ment now appropriating two-thirds of the proceeds.
The original tax was
levied by the city under general authority granted by the State.

A 16-page decision written
purposes of the law, to protect investors and consumers!
by Justice'Stanley E. Reed upheld the im¬
who might be "affected adversely" by ^operation Of public1 position of the special tax upon utilities as a Whole, declaring that this was

utility holding

a

Chief Justice Hughes said:

concerns,

Without attempting to state the limits of/ permissible

regulation in the;
execution of this declared policy, we have no reason <to doubt that from;
these defendants, with their highly important relation to interstate oom-i
merce and the national economy, 'Congress was entitled to demand the ■■
fullest information as to ^organization,
financial structure and all the
activities which could have any bearing upon the exercise of Congressional
authority.
The regulation found in Section 5-B goes no further than to
require this information and We are of the. opinion that its validity must'
be

sustained.
The

valid classification.

discrimination
or other

justified, -the

based

Court

court

was

unconstitutional

general

A tax on gross income was also

holding that taxation of net income "is mot a com¬
.....

It added that "taxes are

.

repeatedly imposed

regard to responsibility for the creation

class without

on a group or

relief of -the condition to be

or

remedied."

United

the stipulation of facts

upon

The decision denied that there

between the transit corporations and business in

pulsory methodi

Statee Court

Declines to Review Ruling of Lower Court
Holding Unconstitutional Kerr'Smith Tobacco Act

...

findings of the District

as

utilities within the classification.

On March 28 the United States Supreme

Court declined
ruling of the Sixth Circuit Court of Appeals
holding unconstitutional the Kerr-Smith Act to regulate the
Chief Justice Hughes, it is stated, rejected the request
of the Electric Bond & Share Co. that the constitutionality, production of tobacco; the ruling also called for the refunding
of $607 in taxes paid by an individual grower under the Act.
of the Act be determined at this time.
As to the Court's
United Press advices March 28 from Washington said:
conclusions, the United Press advices from Washington,
leave
in

no

to interfere in

the

of

Court

other

firms

than

a

O. H. Smith of Fayette County, Ky., sued on the grounds that the Act

said, in part:

action

holding

transactions

commerce.

March 28,
The

doubt that these defendants are engaged in

for

room

interstate

was

appeared

leave

to

the

under

registration

The law later

unconstitutional.

was

repealed by Congress.

utility
The Government contested the award of the Circuit Court and asked the
Act.
A considerable,
Supreme Court to review. The high tribunal, without stating its reasons,
anticipation that the, refused to consider the case.
alternative

no

of the industry has already registered in
constitutionality of the provision. would be upheld.
The principal point of
contention was whether

section

to

...

A total of about $2,000,000

was

paid in taxes under the Kerr Act while

and it was in force. Because of the lack
of'Opinion-in today's case, the dis¬
The
position of the rest of these taxes was not immediately clear.
government contended that they were separable^ and that the' registration t
Enacted in June, 1934, the'Kerr Act was repealed in 1936 immediately
provision in itself constituted a valid regulation in as much as it would
after the
penalty

provisions

throw

of

the

from

registration

other provisions.

Act's

Supreme Court invalidated the

valuable

structures

separable

were

the

(Publicity

intricate

on

holding companies.

dealings

financial

and

corporate

program.

The

-Electric Bond & Share attorneys, however, charged that the government,

by

confining

of

the

clause

York

was

The

of

Court,

.

"We

.

need

said,

not

furnish

a

tional the AAA.

issue

New Concepte of Federal and State Taxing Powers Drawn by United
States Supreme Court Decisions—■Tribunal Upholds Federal

.

fully

where

the

Both

these

by both

the southern

tribunals

held

Taxes

and

the

that

originated,

case

thet

utility companies which refuse to regis-,

on

"does

not

determine

now

have continuous and

denied

be

transgress

pro-!

constitutional

any

extensive

the

to

precise

power

extent

these

It is enough

defendants

that they do '

operations in that commerce, and Congress ;
the

demand

to

information

which

would;

correction

or

control,

and

to

appear

determine what

Congress is entitled to

consider and

regulation
to

essential

is

estimate whatever

or

evils

to

Investigate Motor Industry

eral Trade Commission "to investigate the

policies employed '
by manufacturers in distributing motor vehicles, accessories
and parts, and
the policies of dealers in selling motor
as

extent

The

of

these policies affect the public inter¬

concentration

distribution

injurious

The

retail,

The purpose of the

warehousing,
and

ments

when

moved

it

overruled

long-established

two previous decisions and re¬
restrictions on the authorizations

State and Federal Governments

strumentalities.

In

both

investigation is to determine:

of

and sale,

control

or

monopoly in

the extent,

and

methods employed.
to

which

any

if

from oil and gas lands leased from

Court ruled that it
of the

law

was

a

State.

dealing with

The majority

intended to

meet

implies the

a

a

to destroy."

power

United Statee Supreme Court Denies Review of Constitutionality
of Kansas Public Utilities Act—Other Rulings by High Tribunal

United States Supreme Court on March 14 refused
a Kansas State Supreme Court decision that the
Kansas Public Utilities Act is constitutional when inter¬
The

to review

v rupted to allow a municipal utility to invade a distant
territory in competition with a privately-owned utility

any,

as

to

unfair

already operating in the
cate of

of the anti-trust laws are being violated
on

each other's in¬

cases

manufacturing,'
'

Senate passed the resolution

to tax

the Court held, by a 5-to-2
vote, that the Federal Government can tax income derived

that "the power to tax

On March 21 the House passed a resolution of Representa¬
tive Withrow (Progressive) of Wisconsin directing the Fed¬

extent

State

Supreme Court on March 7 further
clarified the taxing powers of the State and Federal Govern¬

"unique pro¬
special case."
The
minority contended that the decision destroyed concepts of
the taxing power which have prevailed since the decision of
Chief Justice Marshall in 1919, in the case of McCullough
v. Maryland, in which the State was
prohibited from tax¬
ing a Federal bank in Baltimore, and in which he said

to need supervision,

Congress Pastes Resolution Calling upon Federal Trade Commission

vehicles at

a

States

of the

appropriate in the national

or

necessary

exist."

The

Oil Land Leased from

vision

guide to the regulation

"Regulation is addressed to practices which

est."

on

United

The

of

what

interstate commerce.

in

interest.

suitable,

.

Jan. 6, 1936 declared unconstitu¬

on

.

actually engaged

cannot

••

Supreme Court

the "registration

that

separable and valid.

was

Hughes

evading the

was

denied

upheld

were

Appeals.

imposition of penalties

Justice

vision."

are

District

clause,

They

regulation.

contentions

Court

registration clause
ter,

valid

a

Federal

District

registration

constitutionality.

government's

Second

the

to

case

basic

itself

in

The
New

the

Act's

Agricultural Adjustment Act

„•

v

March 31.

denied

was

from

without obtaining a certifi¬
The Kansas Gas & Electric Co.

area

public convenience.
a

review when the Court dismissed its appeal

the decision of the lower tribunal

holding the State

Utilities Act constitutional.
Wagner National Labor Relations Act Applicable to Companies(
Doing Less Than Half Business in Interstate Commerce, Supreme
Court Decides in Santa Cruz Fruit Packing Case—-Court Also
Rules in Favor of Negro Alliance in Case Involving

The National

Picketing

Labor Relations Act is applicable to the

Santa Cruz Fruit Packing Co. of Oakland, Cal., which ships
less than 40% of its products into inter-State commerce,

Recent Assumption

by Hugh R.

Wilson of Post of United States

Ambassador to Germany

Hugh R. Wilson, who was named to succeed William E.
Dodd, resigned, as United States Ambassador to Germany,
presented his credentials to Chancellor Adolf Hitler at
Berlin

on

March

3.

Mr.

Wilson,

who

was

formerly

according to a ruling March 28 by the United States Supreme5 Assistant Secretary of State, was named to his new post by
Court, delivered by Chief Justice Hughes, which sustained a
President Roosevelt in January.
The resignation of Mr.
decision by the Ninth Circuit Court of Appeals holding the
Dodd, effective in January, was tendered in December.
company subject to the law guaranteeing collective bargain¬
Senate Confirms Nomination of Ernest G. Draper as Member of
ing to employees, and prohibiting unfair labor practices.
Board of Governors of Federal Reserve System

The Supreme Court also

ruled on March 28 that there was
justification for excluding disputes arising from "dis¬
crimination in terms and conditions of employment based
upon differences of race or color" from terms of the NorrisLa Guardia Act limiting injunctions in labor disputes.
Justice Roberts (said the Associated Press) delivered the
decision which reversed that of the Court of Appeals for the
District of Columbia, enjoining members of the New Negro
Alliance from picketing stores of the Sanitary Grocery
Company in Washington.
Justices Butler and McReynolds dissented from the views
of their colleagues in the labor and racial disputes.
no

United States Supreme Court Holds Valid New York 3% Unemploy¬
ment Relief Tax on Utilities

The United States Supreme

Court on March 28 upheld
of utilities imposed by
relief.
In outlining the
ruling, a Washington dispatch of March 28 to the New York
"Herald Tribune" said in part:
the 3% tax on the gross income
New York City for unemployment

.

Efforts of the New York Rapid
and Queens

Transit Corporation and the Brooklyn

Transit Corporation to recover $2,000,000 paid from January,

6

1035, through June, 1936, were defeated by the Court's unanimous decision,




The nomination

of Ernest G.

Draper to be

a

member of

the Board of Governors of the Federal Reserve System was
confirmed by the Senate on March 23.
Mr. Draper succeeds

Joseph

A.

Broderick,

who

resigned.

Previously,

on

March 22, the nomination of Mr. Draper was approved by
the Senate Banking Committee.
He will serve the unex¬

pired portion of the term of 14 years from Feb.
The nomination of Mr.

Draper

President Roosevelt

1, 1936.

March 11.

on

was

sent to the Senate by

Railroads Granted 5% Net Freight Increase by ICC

The Interstate Commerce Commission
the

railroads

nominal

on

March 8 granted

10%

increase in freight rates.
After excluding certain commodities from the general in¬
crease and allowing for a stipulated deduction of a former
a

rate rise, the new net over-all rise is estimated at 5%.
This, it is estimated, will produce approximately $187,000,000 additional freight revenues. The railroads requested
a flat 15% increase.
The Commission postponed action to a later date on the
Eastern carriers' request for an increase in passenger rates,

from 2c. to 2.5c. a mile.

6
'

?:i1;

EEYIEW

MONTHLY
jV.'t;

;;■!

Reciprocal Trade Agreement*

u

Seventeenth of the series of reciprocal

disbelief, however, regarding the assumption that the United

^

trade agreements

States
world

could

encourage

each

nomic

in

effort to stimulate international trade
goodwill.
Hearings on the proposal in Washington
acrimonious at times, and considerable opposition was
other, in

and
were

years

recent

the

remain neutral in the event of

not

another

Both beliefs might be "dangerously conceived

war.

by Secretary of State Cordell
Hull is a pact with Czechoslovakia, to which signatures
were attached on March 7.';
Under this treaty the United
States and Czechoslovakia grant material concessions to
negotiated

misapprehensions," the Ambassador said. ,,He added em¬
phatically that this country would be glad to join and
other nations in

based

program

a peace

on eco¬

limitation of armaments and the sanctity
international commitments.
The advance of the Spanish

of

recovery,

insurgents occasioned a demand for relaxation of the "Neu¬

expressed to any lowering of tariff rates on Czech products

trality" Act bar against Shipmeuts of American munitions

which compete

to

But Mr. Hull

with American manufactures.

through to conclusion, even while dis¬
cussions Were in progress for the proposed pact of a similar
nature with
Great Britain.
The pact with the Prague
regime extends to Czechoslovakia tariff concessions on 63
pushed

the treaty

loyalists in Spain, but Mr. Hull declared on March 18
policy of non-intervention and neutrality would be
continued.
He took occasion on March 21, however, to ex¬
that the

the "sense of horror" felt in the United States with
to
the insurgent airplane bombing of helpless

press

regard

including types of shoes that aroused much oppo¬
A new principle was introduced to cover the prob¬
lem of shoes, as the pact indicates that the lower rates are

civilians.

to

has

items,

.v

sition.

long as imports from Czechoslovakia do
1*4% of the domestic American production. On
the United States reserves the right to increase

apply only

not exceed
any

excess

The Czech concessions bind American cotton and

the tariff.
copper

so

of that country, while duties are
quotas liberalized on many important items,
office machinery, electric refrigerators, automo¬
the free list

on

lowered

or

such

as

biles

and

farm

The pact will become

products.

effective

April 15 and will continue in force for at least one year,
and

v':wW;. -v"i^

indefinitely if not denounced.
Naval Limitation

v

Just about
limitation

States

two

Governments, all pretense

restrictions

tive

after the London treaty of naval
French and United

years

signed by the British,

was

March

that pact were cast aside.,. Late in
signatories of that treaty concluded pro¬
discussions of their naval experts,
which were

the

tracted
found

of the modest qualita¬

even

of

three

Japan

because

necessary

said

was

be

to

building

ships exceeding the limitations of the accord.
There is no
official knowledge of the Japanese program, and it is note¬
worthy that repeated suggestions at Tokio for private diplo¬
matic inquiries were ignored.
In an exchange of notes

published

April 1 the British and United States Govern¬

on

ments announced their decision to invoke the so-called esca¬

lator

took

steps

of

clause

1936

the

treaty,

by this action

and

they

the construction of battleships larger
carrying guns of any suitable caliber.
Government acquiesced in the measure, but

toward

than 35,000 tons and
The

French

that

indicated

limitations
nental

of

not

build

Powers

did

British

between

exceeding

vessels

1936 pact until and

the

European

conversations
are

would

it

the

unless other Conti¬

so.

It

is

and

United

understood
States

that

experts

continuing with a view to determining the new upper
of tonnage beyond which the two countries will not

The State

It is held likely in

in building ships.
41,000 tons will be

go

that

Washington

the

new

maximum.

Japanese authorities made no comments on the British and
American decision, but Tokio reports indicated much bewil¬
there.

derment

'

Indications
the

that

were

foreign

American Foreign Policy

aspects
events

States is receiving

of the United

policy

the most careful study at

Washington, but some important

of that policy still remain obscure.
The rushing
in Europe, and especially the German march into

Austria, heightened greatly the general interest in our for¬

With regard to the German conquest, Secre¬

eign policy.

of State Cordell Hull indicated on March 19 that a

tary

realistic

would

view

taken.

be

He

issued

a

statement

Germany's acquisition of Austria,
acknowledging the disappearance of the small German

assailing the method of
but

Hull engaged in a longer discus¬

On March 17 Mr.

State.
sion

of

foreign

policy before the National

Press Club in

In this address he sought to further the bill

Washington.

when he declared at his retreat in Warm
Ga., that the scope of the proposal should be
widened to provide an asylum for the oppressed of Spain,
Italy, Russia and other lands, regardless of religious de¬
nomination.
It was indicated, however, that no relaxation
of immigration restrictions is contemplated or intended.
Springs,

Although this suggestion is not likely to improve diplomatic
relations
stinct

tries

American
i

concessions

to

"violators of

international decen-

to those who practice "blind extremism."
Recent
attacks by those who question the strict accuracy of Mr.
Hull's many denials of engagements of one sort or another
with England also were answered, in a manner.
The Secre¬
tary declared categorically that the Administration scrupu¬
lously had followed the traditional policy of avoiding en¬
tangling alliances and involvements with other countries.
But he urged the method of conferences and exchanges of
information with other countries interested in peace, and

cies,"

or

dictatorships,

Switzerland.

in

American

The

idea, according to

State

a

Department summary of the notes, is that representatives
to the meeting should be named by the governments, but
financing of the oppressed emigrants left to private organ¬
izations within the

interference

respective countries.

Belgium
and

the

In

is

no sense

any

contemplated with the word of existing agen¬

cies dealing with this problem.

Great Britain, France and

their

signified

promptly

almost

Latin-American

all

project sympathetically.

intention

to

cooperate,

likewise

countries

viewed

German authorities expressed
sarcastic pleasure at the prospect of disposing of "crimi¬
nals" and "incorrigible opponents," while Italy indicated
opposition to the suggestion.
An

the

European diplomatic tangle

disturbing element
into Austria
of

;

European Appeaeement

■

Into

her

on

new

and highly

the Brenner Pass and along

and

Hungarian borders.
believe that England and France
these

a

introduced when Germany marched

was

March 11 and 12 and stationed the troops

on

enlarged territory

the Czech

developments,

although

There is
were

a

some

reason

taken by surprise

little

advance

notice

The aim of European appeasement by

possibly was given.

negotiation certainly was set back decidedly, although "ap¬

peasement"

of

The

forward.

the

larger

entire

nations

through

force

was

set

affair

promises to echo in European
diplomatic conversations and arrangements for a long time
to come, and in the meanwhile much apprehension exists
the

to

as

next

and his Nazis

country

against

which

Chancellor

Hitler

apt to strike.
It is held almost inevitable
that Czechoslovakia will be the next victim, as that central
are

European country stands in the way of Herr Hitler's desire
expand the German Reich eastward and contains some
3,500,000 Germans in any event.
The steps that Premier
Mussolini may possibly take also are arousing speculation
to

and

degree of uncertainty, although it is the general im¬

a

of his

of force that tends
to bring in its wake international anarchy and a relapse
into barbarism.
He made it plain that there will be no

every humanitarian in¬
Moreover, virtually all the coun¬
promptly signified their whole-hearted

approached

short

Mr. Hull bitterly denounced the doctrine

the

approval, and a formal international movement is assured.
So heartening was the response that the State Department
found it possible to suggest, on March 29, that the first
meeting of the committed should take place soon, preferably

pression

ments

with

applauds the idea.

for naval

expansion by expressing the view that anything
of the proposed increase of American naval arma¬
would lay our country open to unpredictable hazards.

President

political, refugees.

of

day,

lowing

by

i/';

afforded in various ways during March

Germany

from

sumably

Roosevelt gave added force to the proclamation on the fol¬

to

,V

Department made known on March 24 that it

proposed to nine European countries and to all in the
Western Hemisphere the establishment of a special com¬
mittee to facilitate the emigration from Austria and pre¬

limit

for the present

-Jv,: •';/■;

Political Refugee»

that the Italian

insurgents,
being.
The
view

making

British

of the

further

the

French

and

forays

unlikely

for

the

time

Governments took

a

realistic

European situation and acknowledged
conquest of the small Germanic neighboring

Chamberlain's

In England the question of following
or
Mr. Eden's
idealism was

realism

under public debate at the start of the month.
some

resources

central

State late in March.
Mr.

strained

':s!-:

German

the

dictator

country in taking Ethiopia and helping the Spanish

demonstrations

There

against the Prime Minister,

were

but the

country as a whole appears to settle quickly into line
Mr. Chamberlain.
Negotiations with Italy for a pact
settling all outstanding problems of the two countries were
pushed rapidly, and by the end of March it was reported

with

procedure along parallel lines where the problems are alike.

that signatures to a new treaty might be attached by or on
Easter Day.
These discussions covered not only the ques¬

Isolation is not the answer, according to Mr.

tion of Ethiopia, the

that

if may be a fruitful

This declaration

declaration

of

was

source

followed

American

views

Hull, who held

of insecurity.
on

March

to

the

18

by

a

British

public
people,

through

our

declared

inaccurate the impression prevailing in some quar¬

Kennedy.
In a
speech before the Pilgrims Club, of London, Mr. Kennedy
new

Ambassador,

ters that the United
stances

short




of

an

Joseph

P.

States would not fight in any circum¬
actual

invasion.

He

also

expressed

Mediterranean, and propaganda cam¬
paigns, but also that of the Italian "volunteers" in Spain,

it

of

seems.

course,

overcome,
any

The German expansion introduced new elements,

but the uncertainty of that change quickly was
and the conversations continued with little if

interruption.

There

were

also

some

discussions with

Germany, at the start of March, but these apparently

were

broken off when the Hitlerites marched into Austria.

Inti¬

mations were given in

London that the problem of colonies

MONTHLY ^REVIEW

April, 1938]
would

with

discussed

be

not

tbe

Reich,

but

the question

whether Great Britain may

asked elsewhere

was

acquiesced in the German move at the price of a

not have

German

for the time being the demand for a
the colonies taken from the Reich by England

decision not to press

of

return
as

Vi^ws of the British Cabinet on the European events
were placed before the House of Commons, March 24,
by
<

Prime

Neville

Minister

Chamberlain.

Although the

state¬

eagerly awaited, it contaiq^d
no
surprises.
He made it clear that his policy of hard
realism, which forced out Captain Anthony Eden, would
prevail.
And in the meantime, British rearmament will be
speeded still more.
The British attitude with regard to
Czechoslovakia formed the key point of the statement, and
the
Prime
Minister
stated flatly that prior guarantees
could not be extended.
He made it clear that the Cabinet
ment

foreign policy was

on

the question of military action to

had reviewed fully

back

French measures insuring Czech independence and
leadership in a direct assur¬
of its own.
But either course might have involved war

up any

also had considered taking the
ance

could not exer¬
unequivocal commitments,

dangers over which the British Government
discretion

cise

or

control,

and

proceeded to
legal obliga¬
only determinants of the question of

therefore, were ruled out.
Mr. Chamberlain
the war-like countries, however, that

warn

tions

not

are

British

the

willingness

to

fight.

likely to be confined to
of entry, he said.

it soon appeared that a drastic ulti¬
presented to the Austrian Chancellor.
That official decided to submit, and he said farewell to his

If war breaks out, it is not

those who have assumed obliga¬
the British

Belgium if those countries are
He praised the League of Nations
hoped that it might be revivified and made an effective
instrument for the preservation of peace.
The German
annexation of Austria was touched upon briefly, through a
aid

France or

and

been

had

On the following

people in a radio address on March 11.

day German troops marched into Austria, only a few hours
before Herr Hitler reentered his native land and moved

Immense crowds cheered

through it like a conquering hero.

utterance of the German dictator to the echo,

every

outward

and

its

really existed,

thousands

of

internment

the

in

concentration camps

As the German Government was swallowing

attested.

soon

independence.
But dissentients ; by the
as records of wholesale suicides

its

of

pearance

and to

Austria was overjoyed at the disap¬

appearances

thousands

the question was raised everywhere of

small neighbor,

the possible counter-steps by the
independence. It was indicated by
left office, that all his appeals to
Italian Governments were in vain.
Great Britain took a stand against armed intervention, and
France followed in the British footsteps.
The Italian Gov¬

and
guarantors of Austrian
Dr. Schuschnigg, as he
the British, French and
the

repercussions

thoughts on seeing German
decided to approve the

real

its

ernment,

whatever

troops at

the pass over the Alps,

of Austria.

rape

mechanics of the German absorption of Aus¬

actual

The

IPrime Minister Chamberlain reaffirmed flatly

to

border,

matum

tions

pledge

the

to

result of the World War.

a

tion^ in all large cities, and clashes of increasing frequency
were reported March 10 and 11.
The climax
followed swiftly, on March 11, through flagrant and undis¬
guised intervention by Chancellor Hitler in the internal
affairs of the small country.
German troops were rushed
and bloodiness

fascinating and highly instructive.
In his fare¬
well address to the Austrian people, Dr. Schuschnigg con¬

tria

were

March 11 that he

yielding to the force

attacked by an aggressor.

firmed late

and

the

ultimatum for postpone¬
ment of the plebiscite and reorganization of the Cabinet.
The German troops stationed on the border were at first
reported to have entered the small country within minutes
after the ultimatum expired, but there was clearly no rea¬
son
for warfare, since the Austrian Government capitu¬
lated.
Dr. Arthur Seyss-Inquart, named previously as Min¬

nection

ister

denunciation of the methods pur¬
has produced a profound dis¬
turbance of international confidence, it was admitted, and
reference to the previous

German

The

sued.

action

problem of restoring confidence remains.
In that con¬
he urged a solution of the question of relations
between the Czech Government and its German minority.
Non-intervention

Spain will continue to be the British

in

policy, the Prime Minister said, as "that is the best means
avoiding a major conflagration."
His report on the

of

conversations with Italy was optimistic and
general expectation that an understanding
announced.
Italy has expressed willingness

diplomatic

the

bolstered

be

will

soon

to carry out

the British plan for withdrawal of volunteers

Spain, and, more important still, has declared again that
Rome has no territorial or economic aims in Spain or the
in

Chamberlain said.
He turned down
for a peace alliance directed
against Germany, Italy and Japan as involving the "con¬
certing of action against an eventuality that has not yet
Balearic

Islands, Mr.

the recent Russian suggestion

Germany Absorbt Auetria

hard

Striking

involved in

swiftly

and

at

a

moment when France
Great Britain

another Cabinet crisis and

obviously was indisposed to interference, the German Gov¬
ernment of Adolf Hitler and his Nazi followers took over

month, and settled in a forceful manner
one
problem of central Europe while setting up a dozen
others.
The small Germanic State simply was absorbed by
Austria early last

its large and
were
a

added

still

more

German

the

powerful neighbor, and the 6,000,000 Austrians
Reich population of 66,000,000 to form

to the

powerful Germany.
The precise occasion for
march into Austria was a curious one that

happily on the political sagacity
of the Chancellor, Kurt Schuschnigg, who was attempting
to guide
his country through the perils of present-day
Europe.
It also is plain, however, that any pretext, or
none
at all, would have sufficed for Herr Hitler in his<
coldly-calculated endeavor fo further the German expansion
eastward, as predicated in his book, "Mein Kampf."
The German Government's wrath descended upon Austria
does not necessarily reflect

immediately after

almost

herd

his

countrymen

Chancellor Schuschnigg tried to
an
expression of antagonism

into

toward Anschluss with Germany.

This move represented a

step in the carefully plotted opposition to

the Nazification

which already was proceeding apace under the
Nazi Ministers who were admitted to the Vienna Cabinet
of Austria,

on

Herr Hitler's ultimatum of Feb. 12.

aim of countering the

March 9

With the obvious

Berlin moves, Dr. Schuschnigg pro¬
plebiscite, to take place March 13,

claimed

on

wherein

Austrians might express their wish

a

for continued

much the same manner that Germans in
recent years were forced to express their wish for Nazism.
In this plebiscite, which never took place, cards with an
affirmation printed on them were to be supplied the voters
and were to be counted as affirmative even if the "Yes"
were scratched out and a negative substituted.
Naturally,
there would have been no question about the result of
independence in

such

a

about the roughly
Nazi elections.
To make
Chancellor Schuschnigg proposed to

vote, any more than there ever was

similar

procedure

assurance

of

doubly sure,

German

permit only Austrians born before 1915 to vote, which would
have excluded the young Nazis of his country.
The reaction to this announcement was immediate and
drastic.

Nazi

organizations within Austria started agita¬




on

Reich, as expressed in

the

the

of

was

an

the German Nazis,

Interior at the demand of

of German
On the strength and
authority of this situation, the German troops began to
pour over the border at three points early March 12, and
the swiftly advancing motorized divisions met no more
opposition than an occasional admonition from Austrian
border guards that traffic rules require driving to the left
of the highway and not to the right, as in Germauy.
The
German military occupation proceeded thereafter with a
dispatch and a precision that might have occasioned ad¬
sent

urgent request to Berlin for the dispatch

an

troops to Austria to maintain order.

miration

were

advances

the

occasion

the

Reich

more

took

divisions

auspicious.
In speedy
Vienna, Graz and

over

cities, and they soon appeared on the Brenner Pass,

other

with the Italian guards
There are no official indications
of the number of German troops engaged in the occupation,
but unofficial estimates indicate that 100,000 or more may
where

greetings were exchanged

that

at

arisen."

was

of

strategic point.

for

utilized

been

have

the

task.

Not

a

single untoward

incident marked these maneuvers.
The appearance

of the German troops was accepted glee¬

fully by the Austrians, but when Chancellor Hitler and his
followed

associates

the troops

bordered

that

enthusiasm

crossed the border March

12,

they were greeted with an
Chancellor Hitler

hysteria.

on

soon

after the German troops

had prepared

the way, and his party was welcomed in a
that royalty might envy.
Huge crowds lined the

manner

highways,

Chancellor

man

din

the

and

of the group.

progress

of continual cheering marked the
At Linz, in Upper Austria, the Ger¬

halted

for

a

brief

speech

in

which

he

the determination of Austria's
sovereignty.
German bombing airplanes by the hundreds
Wooped overhead and carried home to any recalcitrant
Austrian the danger of opposition to their powerful neigh¬
bor.
In Berlin a proclamation was issued amalgamating
Austria with Germany.
Chancellor Hitler stopped for the
promised

a

plebiscite

for

night at Linz, and on March 13 he spent some time in the

town, where his
The German troops were moving on,
meanwhile, and preparing the way for the triumphal entry
of the conqueror in Vienna.
The future status of Austria
tree-shaded

cemetery 10 miles from that

parents are buried.

district or province of the German Reich was
perfectly clear in an "Anschluss law" that was issued
by decree in the unified Austro-German territory. This law
proclaimed the "reunion" of Austria with Germany as of
as

a

meret

made

March 13 and declared that Austria is a land of the German
Reich.

A

free

and

secret

plebiscite

was

announced

for

10, at which "German men and women of Austria
over 20 years of age" are to decide upon the
question of
union with Germany.
The result of this "plebiscite" is a
April

foregone conclusion and no more difficult to predict than

opposite result of the balloting
under Chancellor
Schuschnigg's formula, which was made the direct occasion
for the German occupation of Austria.
the

There are many

Austria

doubted

with
that

the

economic implications of the merging of
German Reich, and it' is hardly to be

some

of

them

will

prove

advantageous,

although others are sure to be highly unfortunate.- Tariff
barriers between the two areas are destined to disappear,
and

in

view of the ethnic and

economic similarity of the

8

MONTHLY REVIEW

German

and

transition

peoples, this can only he regarded
Dispatches from Vienna indicate that the

to

befits

as

Austrian

benefit.

a

as

simple free

the

will

trade

be

and

slow

orderly,
the many

political

former Austrian Government with other countries.

piain that

It

German

Austrian

sort

mark,

wih be

economy

subjected hereaiter

to

the same

regulation and regimentation that envetops
Germany, which means that the relative freedom of mone¬

availed the

tary dealings with Austria will be exchanged for the de¬
tailed and systematic controls of the German
Reich, witn an
their variegations of
currency valuations, quotas,
barter
arrangements
and
other
impediments to normal inter¬
national

trade

similar

in

and

finance.

economic

an

there

manufactures,

Because

and

sense,

is

little

the

two

areas

the

in

the

political prestige

of

the

German

new

In

Austrian

gold

Germany

by

and

property

most modern

trusted

of

those

unequestionably

will be
Government.

Austria

will

treat

the

German

promises

sufficient indication

in

The

repayment.

depression that began in 1929.

precipitous

Italian

region

contributed

series of crises that afflicted

China and

seized the

of

its

bit

in

Europe and

March

exchange

of
a

Lithuanian capital of

ernment

ment

presented

for

massed

time.

A Polish

on

the

of

a

to

Assurances

to

closed

the

against
to

Kaunas

was

some

mechanized

nese

Chinese

from

forces

closing the

to

a

Within

The immediate effect
vast
all

expansion

the

of

apparent.

Mexico
mental

he
of

was

succeeded

coalition

a

restored
and

Premier Camille

the
on

of

critical

Left

of

up

his

his

long

country

a

en¬

and

Leon Blum, at the head

parties.

The

Left

Front

was

completely, for the communists joined the socialists

radical-socialists in

addition

Chautemps, head of

gave

affairs

March 12 by

the

support

of the Blum

regime.

In

to his

post as President of the Council, M. Blum
took over the Finance
portfolio, and he struggled for the
rest of March to bring order out of the chaos.

Joseph PaulForeign Ministry, where he con¬
tinued the traditional Franch foreign
policy.
The French
crises are internal, occasioned by
attempts to regulate every
phase of economic life, including wages and hours of work.
Boncour

Such

returned

attempts

to

have

the

been

no

more

successful

than

their

American counterparts, and grossly unbalanced
budgets are
of the similar difficulties experienced

another ;mdication

through

an

received

a

ment,

but

excess

of governmental interference.

vote of confidence

early

in

April

he

on

M.

Blum

his appeal to the Parlia¬

put

forward

proposals for
a capital levy and control of
foreign exchange dealings by
the Bank of France.
Whether the regime can survive under
such ideas remains to be




seen.

altered
area

For the

them.

rest,

by keeping the Japa¬
through which the Lunghai line

were

adopted for organization of

What

the Japanese economy is that of a

on

lending and

unhealthy

the

signs

ultimate

'.

effect
-

.

of

a

'

spending,
war

will

be

boom

also

is

and
are

tra¬

■

Mexican Expropriation

10th of that month.

direct

were

Throughout the vast

government

traditionally

>

Hardly a month goes by without a Cabinet crisis in
France, and the March change in government arrived on the
regime,

of

spread that months and perhaps years of warfare lie ahead.

the small country was
hasty exchanges between the Am¬

RadicalJSocialist

war

the whole country on a war basis, and the impression
slowly

Poland, however, that

ditionally evident.

to

costly

defensive tactics

coped with

gap

Japan measures

a

French Crisis

strictly

the

manner able to wage

By this means the defenders plainly endeavored to
war costly and difficult for their
assailants, and
considerable degree they unquestionably succeeded.

runs.

bassadors of the two countries at Paris, Lithuania yielded

deavors

no

make the

were

to the ultimatum and appointed a representative to discuss
at Warsaw the restoration of ordinary relations.

forces,

in

are

efforts of the defenders were directed

independence of

intended, and after

Abandoning

organized guerrilla warfare.

territory,

the

inflamed for

struggle.

Japanese bands of Chinese soldiers ranged and
attacked communications and supply lines.
Wherever small
groups of Japanese soldiers were encountered in the hostile

Govern¬

troops

this

taken by the

Vilna, for
in

of

position, which the Chinese

frontier, the
even

Polish

spirit

extended by

were

to i the

war

but

length

the

was killed early
in
March 17 the Polish Gov¬

relations.

border, and the

a union of the great areas in northern China and
Yangtze region, captured in their drives last year.

railway was the goal of the Japa¬
huge /Chinese armies successfully resisted the
Indeed, a slow change in tactics was reported,
which may well/have a decided bearing upon the extent and

soldier
on

ultimatum

an

regularization

threat

no

mails.

border clash, and

the

nese,

again made

once

diplomatic relations and difficulty

March, in

effect

assaults.

the Lithuanian resentment resulted in

absence

Japan

The east-west LUnghai

the entire continent apprehensive of war.
A border inci¬
dent developed between Poland and
Lithuania, and brought
those two countries to the verge of hostilities.
Relations
bet wen them have been antagonistic in
any
event since

Poland in 1920

General Franco moved

as

resembling a stalemate were reached in the
war that
Japan forced upon China, and no changes of im¬
portance are to be reported for March in the military
positions.
The invaders continued their desperate efforts
to

comparable market declines.

Baltic

inaction,

Spain with the aid of his German and

allies.

in

Poland and Lithuania

The

of

Conditions

The Austrian authori¬

year, which
Other Austrian bonds

The moves

of

a

stances permitted, but the bonds declined last month to less
than one-third of the value recorded
early this
showed

possession

toward control

to good standing when circum¬

indicates the financial expectations.

engines of death and destruction.

continued their policy of

of

ties restored this obligation

the Aragon

the two great areas of loyalist Spain, defense of either part
naturally was rendered difficult. Great Britain and France

expectations in this respect.
This
issue is amply guaranteed and service
payments Were inter¬
rupted only to a modest extent even by the serious effects
of the

on

of March and by April 4 were
points controlling the coastal highway
linking Barcelona and Valencia.
With this severance of
in

external

bonds in the New York market is

developed from three points

that city at the end

past

Central European country with the
disregard of pledges meted out to those who

decline of Austrian 1%

over

planned and carried out with great tactical skill, and
it was generally reported that German technical aid Was
highly important in these maneuvers. The attackers pushed
rapidly down the valley of the Ebro, and overwhelmed
Lerida, key point of the Catalonian defense.
They moved

the former

callous

same

masters

new

forward

swept

instances, waS laid waste by the
The insurgent drive toward the Medi¬

were

to

the

was

insurgents

the

front, and the highly mechanized divisions utilized all the

conceal its actual holdings, and it may be that the
change of the Austrian acquisition will prove of
minor importance.
There is no doubt, on the other hand,

that

reliable estimates

no

some

in

retreating loyalists.

actual

creditors of

as

that,

terranean

added to the slim possessions of the Benin
But the Berlin regime has resorted to subterfuge of devious
sorts

damage

territory

Empire

exceed

reserves

9 and gathered

Fighting Was desperate and casualties

of the dead and injured, and no indication Whatever of the

strictly financial sense, results of the change of
sovereignty are more easily predictable and aiso more dis¬
The

of Austria.

correspondingly great, but there were

the

couraging.

conquest

momentum steadily.

more

acknowledged

Hitler's

The insurgent advance started on March

advantageous arrangements With the bread¬
producers of southeastern Europe.

stuff

was

Chancellor

union.

degree than Germany, suffers from a shortage
foodstuffs, and the need for importations will not vary,

unless

widely rumored in Europe that much of the
to General Franco by Germany, as part
price that the Reich paid fol* Italian acquiescence in

of the

larger

enforces

airplanes and mechanized equipment

Francisco Franco by his fascist friends in

material Was sent

Germany will gain, however, from the iron ore and forest
of Austria, and the smaller unit of the
enlarged
Reich probably will find its tourist trade
enhanced, but
otherwise the change is not apt to be great.
Austria, to an
even

It

Europe.

resources

of

to General

sent

anke Upon

benefit

basic

fresh

loyalists nothing, as against the prodigious fresh

supplies of artillery,

are

dependent

of

toward the Mediterranean, with the obvious aim
splitting the loyalist territory in two.
This aim was
approximately achieved by early April, and an end of the
Spanish civil war began to loom.
The renewed successes
of the insurgents were preceded by a sea battle in the Medi¬
terranean, in Which a loyalist destroyer sent the cruiser
Baleares to the bottom with a torpedo.
But this sea victory

odious

of

equipment and possibly

of

Austrian

the

hew

steadily

aiso

schilling Will be replaced by
and that aspect of the change in sov¬
ereignty is dark and troublesome.
Presumably, the entire
the

of

troops from Italy and Germany, Spanish insurgents resumed
their offensive on the Aragon front and pushed the loyalists

difficulties presented by
extraordinary arrangements maue by tne

trade treaties and

is

Spanish Civil War

aid

the

With

Diplomatic
were

relations

between

strained in March

expropriation

by

of

and

the

as

Mexico

a

United

States

and

consequence of govern¬

of

approximately $450,oil
properties in that
The injustice of this Mexican measure, issued on
March 19, needs no emphasis.
It is peculiarly apparent,
however, in the light of the ostensible cause of the step.
000,000

American

British

country.

Mexican

oil

field

workers

made

absurd

demands

on

the

foreign oil companies, and the latter were simply in no
position to meet the requests.
Adjudication in Mexican
courts

resulted

workers

pension

of

in

orders

$40,000,000,

systems and

a

for

along

company

with

worker-share

the
in

payments to the
establishment of
the

management.

President Lazaro Cardenas capped this climax by ordering
the

nationalization

of

the

oil

properties.

The

companies

endeavored to fight the step in Mexican
courts, but their
only real resort naturally is that of diplomatic
pressure.

Ambassador

Josephus Daniels made it clear at Mexico
City that the move brought deep disappointment in Wash¬
ington.
It was understood that the British Government
was

acting in close collaboration with Washington, although

a

separate note was delivered
Great Britain reserved all

at

Mexico

City

in

which

rights.

The first effect of the Mexican
step was to plunge that
Business came almost to a

country into economic distress.

April, 1938]

MONTHLY

halt, and the Mexican peso dropped sensationally in foreign
exchange
dealings.
The
Washington
Administration
.

promptly reached
tions with
the

Secretary Morgenthau announced that
Treasury would suspend purchases of

States

as of April 1,
disconcerting to the Mexicans.

silver,

and

extremely

this proved

Diplomatically, the United
States Government took a stand that is rigid and entirely
correct
in negotiations between international equals.
A

note

delivered

was

March 29 protesting against the ex¬

on

propriation, but the sting
of

memorandum

a

Washington
of

does

taken out through publication

was

following day to the effect that

the

on

the right of expropriation
the jurisdiction of Mexico.
It was

not question

within

properties

pointed out, however, that fair and effective compensation
should be made.
To this the Mexican Government indicated
its assent,

but there is

no

indication

as

yet of the method

by which payment is to be made.
Nor is there much opti¬
mism on that score, in view of the long-standing Mexican
default

ing

all

on

price

external

for

world

obligations.

silver

The

buy¬

Washington

lowered

was

two

cents,

as

that

closed

Feb.

on

March

on

country, directly or indirectly.

production without material aid from the automobile indus¬

of

the

regional

week

since

March 26

ended
week

of

tories.

character

and

Scrap prices

almost

partly

continued

complete lack of

reduction

"Steel"

in

due

export demand.
According to the magazine
an increase of about 10% in general

of Cleveland,

in

fortunate

than

booked
ized

of steel.

fairly

in

are

well

despite

After

in

of

March

on

automobile

March 1 from

on

8 to $13.42,

on

drop

for the current year,

$13.54

after temporarily returning

scrap,

low levels

March

15,

again

March 22 and then to $13.17
price was only 25c. above the

$12.92 in November.

continued

to

production

In

orders

At the close of March last year, steel

was $21.92 a gross ton.
No changes in the "Iron
composite prices of finished steel or pig iron were
made during the month under review, finished steel con¬
tinuing at 2.605c. a pound and pig iron at $23.25 a gross
a

year

The operating rate of steel companies having approxi¬
mately 98% of the steel capacity of the industry, according

American

at

35.7%

Iron

33.7%

for

week

the

7,

Nov.

of

15, 1937), and compares with

preceding

beginning

March

Steel

Institute, was scheduled
for the week beginning March 28 (the highest

since the week

rate

and

seven-day period, 32.1% for the
14, 29.9% for the week beginning

March

29.3% for the week beginning Feb. 28.
At
the close of March, last year, the industry was operating
at

and

90.7% of capacity.
As to

non-ferrous

metals, "Metal and Mineral Markets,"

in its issue of March 31,
continued

activity

featureless

was

wire

reported

in

stated in substance:

foreign

at the

the

copper,

close of the month.

improvement

"Except for
market

copper

Fabricators of

in

business, a seasonal
development, but other consuming lines were quiet.
The
moderate improvement in buying of lead in the week ended
some

March

23

was

March

30,

buyers

maintained

not

being

shy,

in

the

chiefly

days

seven

because

of

ended

the

poor

showing in the securities market and the subnormal lift in

industrial

general

activity.
The undertone of the lead
market, in spite of the slow trade in that metal, con¬
tinued
steady.
Continued unsettlement prevailed in the
market

zinc
tin

market

in

the

was

week

quiet

ended

during

March

the

30.

past

The

five

domestic

Tin

weeks.

mills in this country are maintaining operations at
55% of capacity, with the trend in activity slightly
upward."
Sales of domestic copper for the week ended
plate

30

tons in

amounted to

5,487 tons

compared

as

with

4,687

the week previous,

2,975 tons two weeks previous,
and 4,468 tons for the week ended March 9.
A period of
quiet prevailed in lead during the month, sales of this
metal totaling a little under 1,000 tons for the week ended
March 30, 1,627 tons in the previous week, 1,100 tons in the
week

ended

March 9.

level,

March

16,

which

quotation

New

at

New

York,

York

March 9 and to 4.60c.

zinc

the

week

ended

4.62%c.

has

been

in

effect

since

Jan.

also unchanged at 4.50c.
Zinc
declined from 5.10c. to 4.85c.

was

however,

tion for this metal

March

1,555 tons in

Domestic copper prices held at the 10.00c., Valley,

Lead

at

and

on

March 14,

since June

week

ended

Freight

rates

or

which

28.
at

that

date

to




26

a

No. of
Mills

Mar. 10.

Mar.

4.64c.

Feb.
Feb.

19

All

182,551,000

York

com¬

165,125,000
151,434,000
142,172,000

538
542

priced

effect

on

was

lower,

198,581,000

192,313,000

189,603,000

201,194,000
192,756,000
194,464,000

'

187,382,000

159,496,000

regions but Southern Cpyress and Northern Hemlock

and Southern and Northern Hardwoods reported new orders
above

production in the week ended March 26.
All soft¬
but California Redwood reported shipments
above output
All regions but Southern Pine reported
orders, and all but Southern Pine and Cypress reported
wood

regions

shipments
1937.

of

the

below
All

similar items in

softwood

week

same

last

the

corresponding week

regions reported

production

below

year.

Hides, Leather and Footwear
The First National Bank of

Boston, in its "New England
March 30, discusses these markets

Letter,"

under date of
follows:

as

"Production

of

shoes

for
delivery before Easter has
operations but substantially below
the record levels of last year.
Leather values have shown

caused

seasonal rise in

a

improvement, while hides have developed a weak under¬
sympathy with the declining commodity and security

tone in

markets.

"Output of footwear in February is estimated to have
about 26,000,000 pairs.
While this is a moderate

totaled

increase

on

daily

a

basis

January, it represents the
production has averaged 30%
under the corresponding month of the
preceding year.
over

fifth consecutive month that

"Detail

sales

of

footwear

have

provement during the last month.
been

reduced

shown

little

or

no

im¬

Distributors' stocks have

approximately to the level of last

hand-to-mouth buying continues as the rule.
have held firm, but some manufacturers are

year,

Retail

but

prices

reported to be

shading prices in

an effort to stimulate business.
"Sole leather tanners continue heavily curtailed.
Tanners

of

grades of upper leather have been actively engaged
special styles for Easter shoes and prices

some

in

delivering

have held firm at the advanced levels reached in
A demand for white calf has

February.

recently been in evidence, but
plans for the summer run have not yet been fully developed.
"Trading in actual hides at the Chicago market has
slowed down
submitted

as

the packers refuse to accept the lower bids

by the

tanners.
The futures market, however,
steadily from the peak reached in mid-February
has entered into new low ground for the year.
Steer

has declined
and

prices,

.small volume of trading, have declined to the
April, 1935, and are now in a more normal
relationship to light native cows."
a

on

lowest level since

Grains

Although there

periods of irregularity accompanied
by rallies which were of short duration, the general tend¬
ency of prices in domestic wheat markets during the past
month

for

largely
effect

were

downjvard.

was

levels

the

season.

Deferred deliveries sold
While

war

talk

responsible

at

from

new

Europe
upturns, the

low
was

for the temporary
net
prices proved to be nothing.
Underlying bearish
eventually asserted themselves.
The
beneficial

on

factors

moisture received over wide areas of the winter wheat
belt alleviated, temporarily at least, apprehension over the
new

crop

a

was

206,441,000
183,965,000

*

177,616,000

531

r+-

26

to

Tin at New

mills

Received

Shipments

539

5

to the lowest quota¬

into

530

of

Orders

Production

549

Mar. 12

the

went

total

weeks follow:

Week Ended

to

28,1938, raised the New York price of Prime Western

on

March

207,324,000 feet, and booked orders for
Revised figures (number of feet) for the

shipped

preceding

on

11, 1935, when it

ended

ended March 26 production, shipments and
reported by 443 softwood mills were, respectively,

around

March

week

week

as

bined;

no

(both quotations unchanged from those in effect

previous).

the

the

produced 171,774,000 feet of hardwoods and softwoods

scrap

to

for

reported

29%, 17% and 28% below similar items in the correspond¬
ing week of last year.

on

Age"

ton

week

previous week.

the

declining to

March 29, which
1937 low point of

on

latter

railway

and

$13.67 a gross
the "Iron Age"

composite price of steel
to the $13.58 quotation
to new

Galvan¬

February.

with sheets and strip doing

absence

declining

$13.58, and

to

March than

good demand, leading the lighter forms

Wire is also active,

demand.
ton

booking a few large orders attaining 20%
February.
Some platemakers, however,

less business in

the

in

26,

for the

for

sheets

the largest

were

items

during the corresponding

buying by the mills and

buying was experienced in March, some steelmakers being
more

lower than

All

by 3% fewer mills, was 6% below the output
(revised figure) of the preceding week; shipments were
0.4%, and new orders 7% below the corresponding figures

reflecting the
a sharp

decline,

to

October.

of inven¬

depletion

to

last

were

185,662,000 feet.

in

the operations of important

mills.

1937.

National
March

to

from

Production was about 54%
62% of the corresponding week of
during the week ended March 26 and

Shipments

any

reports

to

Association

about

five

sonal

according

orders during the week ended March 5

new

of

softwood

try, the rairoads or building construction, the improvement

being partly sea¬

42.12%c.

against

as

Manufacturers

associations covering

shipments

1929.

shipments,

Lumber

hardwood and
and

1929

average

National

coming mainly from miscellaneous

sources,

38.00c.,

industry during the week ended March 26
52% of the 1929 weekly average of production and

During the

each week in steel ingot

at

lumber

stood at

64%

Steel Trade—Non-Ferrous Metals

The steel trade reported a gain

31

28 last.
Lumber Movement

The

a

clear result of the Mexican measure, but it remains uncer¬
tain whether this indicates an unwillingness to buy any

silver from

and

decision for reexamination of its rela¬

a

Mexico.

United

Mexican

9

REVIEW

outlook.

As

a qonsequence,

large acreage and all

good-sized production.

that

attention

it

was

directed

implies' with respect

Private estimates iof the forth¬

coming winter wheat crop ranged from 650,000,000 bushels
to 668,000,000 bushels.
If allowance is made for a spring
wheat

would

crop

be

of

for

a

around 200,000,000
total

bushels, the prospects
production ranging from 850,000,000

10

MONTHLY

868,000,000 bushels. Adding this amount to an indicated
of around 190,000,000 bushels, the prospective
1938-39 supply may range from 1,040,000,000 bushels to
1,058,000,000 bushels. This would bring domestic supplies
close to the levels that prevailed during the depression
years and would leave a surplus available for export and
carryover ranging from 365,000,000 bushels to 383,000,000
bushels.
In view of the fact, however, that the critical

BEVIEW
No. 7 Rio was quoted on

to

carryover

growing season lies ahead, during which period much can
happen to change the picture drastically, the above esti¬
mates can only toe very superficial.
Meanwhile, the larger
;

to be an important factor in
It is true that there was some
buying for export account during the month, but the pur¬

production outlook proved
restricting export demand.
chases were not

in

dent

of

sufficient volume to

available supplies,

the large

as

to

generally favorable. As a result,
the acreage remaining for har¬
vest, exclusive of Russia, will probably establish a new high
record, which prospects naturally made importers very
cautious about
buying in overseas markets.
Rye, like
wheat, developed weakness, oats ruled narrow and steady,
while corn displayed independent strength.
Although ex¬
port demand from Europe was the dominating influence
in the corn market, receipts from country points were
small, due to the more favorable returns from feeding opera¬
tions.
Farmers were also said to be in a good financial
belief prevailed that

to

hold

Chicago the May

In

corn.

wheat closed on March 31 at 85%c.

option

as against an

opening

option closed at 120%c. as against an opening of 127%c. on
March 1.
May corn in Chicago closed on March 31 at 60%c.

compared with an opening of 58 %c. on March 1.

May oats

closed at 29%c. as compared with an opening of 30%c. on
March 1.
May rye closed at 64%c. as compared with an

developed

a

down¬

during the past month.
A statement attributed
Secretary Wallace that sugar prices were high enough,
if not too high, caused free selling of futures contracts
resulting in new season's lows.
Slow demand for raw
sugars and reports in the trade of easier refined prices in
certain sections of the country were also factors creating
bearish sentiment.
Business in refined was largely of m
to

hand-to-mouth character, with

refiners apparently not dis¬

posed to stock up with excessive inventories of raws.
from London that a meeting of the International

News
Sugar

April 27, and that quotas had

been reduced from 3,611,000 to 3,508,500 metric tons, with
further voluntary releases expected shortly, caused a mod¬
erate

rally in prices during the latter part of the month.
a renewal of offerings, prompted partly
by the general deluge of liquidation in all markets, prices

However, under

'Sales of Cuban

resumed their downward trend.

the month consisted of the

raw sugars

following,

all c. & f.,
On March 8, prompt shipment at 2.15c.;
on March 14,
March shipment at 2.18c., and prompt ship¬
ment at 2.15c.; on March 15, April shipment at 2.15c.; on
March 25, second-half April shipment at 2.10c., and on
March 29, prompt shipment at 2.10c. and first-half April
shipment at 2.10c.
The wholesale list price for refined,
immediate delivery, was quoted at 4.65c. to 4.75c. until
March 5, when the range was lowered to 4.55c. to 4.65c., at
which figures it continued during the remainder of the
exclusive of duty:

month.

Spanish

tons,

according

to

a

2,950,000

presidential decree

re¬

cently made public in Cuba.

Of the total crop, 1,418,174
long Spanish tons was fixed as the quantity to be exported
to the United States during 1938 and 500,000 tons will be
retained in Cuba as

a

reserve

for orders from this country.

Domestic consumption for

Spanish tons.

fixed

as

"other

the

Cuba in 1938 was fixed at 150,000
A total of 407,985 Spanish tons was

amount of

countries"

free

sugar

of

which could be exported to

182,695 tons
was allocated as "special exports to other countries."
The
remaining 291,146 long Spanish tons was designated as a
reserve for exports to other countries.
(Long Spanish ton
equals 2,272 pounds.)
export

duties,

and

Coffee

With

Brazil making efforts to

unload a greater portion
supplies, the market for coffee "futures"
worked lower during the past month.
Roasters continued
to operate on a hand-to-mouth basis, and with a lowering
of cost and freight offering prices from
Brazil, there was a
general tendency on the part of tired holders to liquidate.
No. 7 Santos was quoted on March 31 at 6%c. against
8%@9c. Feb. 28; 7%@7%c. Jan. 31, the same as on Dec. 31;
7%@7%c. Nov. 3D; 10%@10%c. Oct. 30 (Oct. 31 was a
Sunday), the same as Sept. 30; 10%c. Aug. 31; 10%@10%c.
July 31; 10%c. June 30, the same as on May 29 (May 30
fell on a Sunday and May 31 was a holiday); 10%@10V2c.
April 30; 10%c. March 31; ll%c. Feb. 27, and 10%@10%c.
of

her

enormous

Jan. 30.




While

ment,

level fixed some time ago, and not to set a
quota for the third quarter that caused the
market to break wide open,
With the statistical position
steadily growing worse, it was felt that the entire rubber
restriction program is now facing its most serious test.
On the one hand, it
is doubted whether an additional
cut in the quota could reestablish a better equilibrium for
below the 60%

lower export

supply and demand, and, on the other hand, fears are
expressed that a further drastic reduction in output may
result in serious labor troubles in the Far Eastern pro¬
duction

centers.

Ribbed

smoked sheets for spot

delivery were quoted at

10%c. asked March 31 against 14%e. asked Feb. 28; 14%c.

31; 14%c. asked Dec. 31; 15%c. asked Nov. 30;

asked Jan.

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

asked

30.

Jan.

although

divisions

some

improvement. Retail
business reflected in growing measure the general slump in
were

able to register a mild seasonal

industrial

activities,

with

its

detrimental

effect

on

the

purchasing ability of the general public. Comparisons with
the corresponding period of last year made a particularly
poor showing, in view of the fact that pre-Easter buying
was
concentrated in March, 1937, whereas this year the
bulk of these purchases will not be made until the early
part of next month.
Wholesale trade gave an unsatisfac¬
tory account, as retail merchants confined their orders to
small fill-in lots.
While the inventory position, both in
the retail and wholesale fields, was reported to show fur¬
ther improvement, no real pick-up in buying is anticipated
until general business gives indications of a definite turn
for the better.
Raw cotton in March held fairly steady
during the early part of the period.
About the middle of
the month, however, a reactionary movement set in, carry¬
ing prices to the lowest point since the beginning of Febru¬
ary.
Chief determining factors for the decline were the
trend of political developments in Europe resulting in re¬
newed unsettlement of the security market, and the further
accentuation of the unfavorable state in the cotton

consum¬

ing

indusriesr both domestically and abroad.
Meanwhile,
with the new Administration program of farm control hav¬
ing lost much/of its immediate effect, the distinctly un¬
favorable aspect of the statistical position of the market
made itself felt in growing measure.
up

Although the locking

of close to 7,000,000 bales in the government loan stock

has temporarily removed this huge Quantity from

Sugar Crop Limited to 2,950,000 Long Spanish Tons

The 1938 sugar crop of Cuba has been limited to

long

of 1985.

Textiles

ward trend

1938 Cuban

reac¬

a

low

The textile trades continued quiet

Prices in the sugar "futures" market

long

followed

state of rubber consumption, as reflected in the
continued withdrawal of tire factories from the market^

Sugar

during

month

reached the lowest level since the latter part
the

opening of 75c. on March 1.

Council had been called for

the

tionary trend, with the latter becoming particularly pro¬
nounced during the last week of the period, when prices

for

At Winnipeg the May wheat

price of 93% c. on March 1.

throughout

it was the decision of the International Rubber
Regulation Committee, announced on March 29, not to
further reduce the export quota for the second quarter

crop

position

Rubber

rubber

Crude

constituted the chief basic factor for the downward move¬

conditions in Europe were

the

as

9%c. Sept. 30, the same as on Aug. 31; 9%c. July 31, the;
same as on June 30; 9%c. May 29; 9%c. April 30; 9%c.
March 31; 9%c. Feb. 27, and 9%c. Jan. 30.

a

prospects remain favorable, consumers are likely
continue their hand-to-mouth buying policies.
Weather

new

same

March 31 at 5%c. against 5%c.

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

28,

long as the

make much of

and

Feb.

the

mar¬

kets, it is realized that large outside supplies are available
to prospective purchasers.
Moreover, the belief prevails
that while this year's acreage will undoubtedly show a
drastic curtailment, planters will spare no effort to increase

yields
in

on

the

the

South

remaining acreage.
Weather developments
soil conditions in important parts

affecting

of the belt were mostly favorable, with beneficial rains
reported from Central and Western parts, and with prepara¬
tory farm work proceeding at a rapid pace.
Spot cotton

in New Yorkt was 9.16c. March 1.
After minor
fluctuations the price on March 18 fell to 8.60c., and, fol¬
here

lowing

intermittent

rallies, the quotation stood at 8.69c.
Stagnation reigned in the gray cloths markets
the disappointing movement of finished goods caused

March 31.
as

converters

to

refrain

from

increasing their covering pur¬
requirements.
While prices dur¬
ing most of the month' held fairly steady, due to the con¬
tinued policy of the mills to curtail production, later in the
period quotations softened noticeably and second-hand
offerings appeared in sufficient volume to cause further

chases beyond immediate

concessions.
were
are

During the closing days of the month reports

current

that

even

being considered

River

for

28-inch

more

by the

64x60's

drastic curtailment

mills.

remained

Print

measures

cloths

at

Fall

3%c.
throughput the month.
The price of 27-Inch cloth 64x60's
was 3%c.,
the same as Feb. 28, and Osnaburgs stood at
6%c. to 6%c. March 31 compared to 6%c. Feb. 28.
The
report of the Censusi Bureau, issued March 14 and covering
the month of February, showed that cotton
consumption in
unchanged

at

the United States continued at levels far
below the previous
year.
The amount consumed in February was given as

.

MONTHLY REVIEW

April, 1938]

427,528 bales of lint and 47,888 bales of linters, compared
with 434,740 bales of lint and 44,892 bales of linters in
January, 1938, but 665,677 bales of lint and 63,674 bales of
linters in February, 1937.
The woolen goods market continued dull.
With retail
sales of men's clothing leaving much to be desired, and
with clothing manufacturers still possessed of a substantial
carryover of fabrics, little new
buying ensued, notwith¬
standing

reduction

the

in

prices

of fall

announced
Business in the
lines

the meantime the American and other

latter

the

wear

of

part

the

month.

division continued to make

a

relatively good

showing, with attention centering in shetlands, tweeds and
fleeces.

Japanese double extra 13-15 deniers were quoted March 31

$1.55@$1.60 against $1.65@$1.70 Feb. 28; $1.65@$1.70
$1.50@$1.55 Dec. 31; $1.55@$1.60 Nov. 30; $1.71@
$1.76 Oct. 30 (Oct. 31 was a Sunday); $1.86@$1.91 Sept. 30;
$1.85@$1.90 Aug. 31; $1.82@$1.87 July 31; $1.89@$1.94
June 30; $1.77@$1.82 May 29; $1.77@$1.82 April 30; $1.97@
$2.02 March 31; $1.80@$1.94 Feb. 27, and $2.00@$2.05
at

Jan. 31;

what

at

^„

In the domestic oil

.

..

.

sharp reduction in Pennsylvania-grade crude oil—the fourth i
months—posted by the Joseph Seep Purchas¬
ing Agency of the South Penn Oil Co., on March 7.
Of the
four grades affected

schedule,

by the reduction, two were cut 15c. a
Under the new
estimated during the first week of the month,
and

barrel and the other two by 17c. a barrel.

month

quoted at $1.48@$1.53 March 31 against

were

of

the

as

American, British
and Dutch oil company property in mid-March by President
Cardenas when the companies refused to obey the decision
of the Mexican Supreme Court ordering them to put sharp
$450,000,000

of

of

increases into effect overshadowed all other develop¬
oil

ments

in

tional

story

during

March

in

annals

the

Southwest

Commission

1,493,171

daily

barrels

allowables

the

the

on

several

in

first

an

March.

of

day

areas

set

compared

as

lifted

were

as

figures, the Sunday shutdown
actually will mean a net decline in April production of
around 6,000,000 barrels.
The East Texas field will have a
daily

with

501,903

of

quota

March.

the March

The

barrels

497,643

against

Southwest

Coast and

Gulf

areas

were

during
pared

West Texas was lifted nearly

8,000 barrels daily.

Petroleum and If Product$

expropriation

Railroad

1,501,337 barrels daily for April

by about 4,000 barrels each.

May 29.

The

ordered

were

allowable

compared

Japanese crack

15c. to $2.05;

cut

were

Allegany price list thus showed a net reduction of 77c. since
the first cut last September.
\
Sunday shutdowns for Texas for the third successive

$1.59@
$1.04 Feb. 28; $1.48@$1.53 Jan. 31, the same as on Dec. 31,
against $1.49@$1.54 Nov. 30; $1.59@$1.64 Oct. 30 (Oct. 31
was a Sunday); $1.62@$1.67 Sept. 30; $1.79@$1.84 Aug. 31;
$1.78@$1.83 July 31; $1.85@$1.90 June 30; $1.73@$1.78

20-22 deniers

the

Allegany

Pennsylvania 17c. to $1.71; Eureka Pipelines 17c. to $1.65,
and Buckeye Pipelines by 15c. to $1.55.
The Bradford-

Although

of

case

:

picture, one of the highlights was the

in the past six

double

the

wage

standstill

a

concerned.

with

Jan. 30.
extra

trying

are

Bradford

during

women's

In

companies

the expropriation decree, and until
concluded the situation is some¬
as
far as any actual decision is

every legal attack upon
this lengthy process is

provided the most sensa¬
of the petroleum industry in

and

North America.

April daily average crude oil demand was estimated at
3,361,700 barrels by the United States Bureau in its regular
monthly market forecast.
The new allowable is approxi¬
mately 30,000 barrels less than the March recommendation
and

137,600 barrels less than production in the correspond¬

ing 1937 period.

The

schedule, however, is 2%

new

than actual demand for crude oil in

April

better
The

a year ago.

Bureau of Mines explained the relatively lower April esti¬
mate as due to the current lag in business activities and

quick to retaliate, and
blow when it dis¬
continued its purchases of Mexican silver, which had been
averaging around $2,000,000 monthly.
Diplomatic action

the possibility that excess stocks of gasoline will be reduced

taken

sharp protest by Secretary of
State Hull, who pointed out that while the United States

first time in months during the March 19 week, according
to reports furnished by the American Petroleum Institute.

Government

Added to the rising trend of production was a sharp spurt
in
imports of crude oil, and the two factors together

The United States Government

the

Treasury

struck

featured

was

did

the properties,
the

by

not

it

laws which

vide for

the

most

was

telling

a

question the right of Mexico to seize

was

made

thought necessary to point out that
such

expropriation possible also

immediate indemnification.

News

that

,

Mexican Government

the

had

pro¬

oil

tioned

legal

in

large

taken

over

all

picture

brought

rels

3,433,550 barrels against a market demand of
3,391,600 barrels, with daily average crude oil imports ris¬
ing to 150,000 barrels, making a total excess supply of
oil of nearly 200,000 barrels of crude oil.

prominently men¬
Mexican oil.
Until the

Following several days of argument by defense and gov¬

tinue at the

to

slow pace which has marked

all activity

in the Mexican oil industry since the properties were taken

has been curtailed

more

As

than

of fact,

matter

a

production

50% due to inadequate storage

the

month

closed,

from

Mexico

City of
the formation of the Natoinal Oil Exporting Co. to adminis¬
news

came

counsel, Federal Judge Patrick Stone took motions
the verdict or grant new trials for the 16 major

reverse

oil companies and 30 individuals convicted of a gasoline
price-fixing conspiracy early this year under advisement

late
be

facilities.
As

The

to

for

markets

by the government.

rather dangerous proportions.

some

March 19 period saw production rise more than 50,000 bar¬

ernment

over

threat to the stability of the crude oil price struc¬

a

clearer, however, movements of
Mexican oil into consuming channels are expected to con¬
same

production of crude oil in the United

States climbed above the Bureau of Mines estimate for the

slightly

is

stills.

runs to

average

have been

quantities,

potential

as

The daily

ture that assumed

;

foreign oil properties sent swift reverberations throughout
the entire world.
Japan, Italy and Germany, all of whom
need

by curtailing crude

in

March.

that

out

full

It

Judge

considered unlikely that

was

decision for

any

time,

some

there will

court attaches

as

pointed

Stone had emphasized that he would give

consideration

all

to

The defense counsel

arguments.

time

had argued that the small business man jury had failed to

the disclosure that Francis W. Rickett, internation¬
ally-known oil promoter, and Bernard E. Smith, American
capitalist, were negotiating with President Cardenas for

grasp in full the intricate details of the petroleum industry
and had been too quick in returning a verdict after deliber¬

Mr. Rickett refused to make any comment fur¬
ther than that he had talked to "high government officials"

that the verdict

about the situation while Mr.

of the rich oil lands in the famed Elk Hills Naval Reserve

ter foreign sales of Mexico's

oil supply.

At the

same

came

concessions.

Smith refused to talk at all.

General manager of the Mexican oil company is Gustavo

Espinosa

Mireles,

head

of

the Mexican

division

of

Pan-

American Airways, who, according to the official announce¬

ating

only

seven

hours.

was

The final winner

Federal

the

was

Land

Office

The

in

the controversy

Government.

thus

counsel

government

argued

just and should be sustained.

ruled.

On

Losers

the ownership

over

March

30

the

the* State

were

General
of

Cali¬

ment, "is the only person authorized by the government to
negotiate in Mexico and abroad for the sale of oil for ex¬

fornia, the General Petroleum Co. of California, Thomas A.
O'Donnell, Homer L. Tupman and the Potter Oil Co., all of
whom have 30 days to file appeals with Secretary of the

port."

Interior Ickes.

from

Along

with

Eduardo

this

announcement

came

a

statement

"President Cardenas has instructed

me

to

reserve

a

certain

percentage of the exports in order to build up a fund for
payment of the expropriation," adding that President Cardenas's

and

is to pay

in

:

purpose was

Jtl,

priated property.
A

special

The following

Suarez, Minister of Finance, reporting that

session

full for the expro¬

7—The

March

Joseph

Seep

Allegany grades of crude oil
to

j#/;:■

<

crude oil price changes

$1.71; Eureka 17c.

the Mexican Congress has been
consider the problems arising out of
of the American and other foreign-owned

under way
and

the expropriation

ended March 26 when

The suspension of the silver purchasing by the
American Government and the slump in oil movements and

production all have materially reduced the income of the
workers in

these

two

industries—which

industries—and the workers

are

Mexico's

chief

reported to be losing

some

of their enthusiasm for the unions

as

are

their money earnings

unfinished

for

that had

Roosevelt
all

been

warned that

indicated that

American

holders

a

fair deal

would be

of

property in Mexico
by the Cardenas Administration, but
inflated estimates as to the worth of the

seized

any

properties

seized would receive scant consideration from
Washington, which would be chiefly concerned to see that
"the little investor" isn't injured in the fight between the
foreign oil companies and the Mexican Government.
In




Agency

Bradford

and

Southwest Pennsylvania

$2.05;

17c.

and Buckeye

reduced

15c.

to

$1.55.

as

gasoline
a

in

four

months

net decline of

during the week
334,000 barrels pared

fuel to 92,858,000 barrels.
Should con¬
sumption hold at last year's levels or possibly surpass and
refinery operations be kept down, oil men feel that there
is a good chance that the present record high gasoline stocks
can

be worked down to

serious
In

President

to

holdings of motor

slump.
insured

posted during

the seasonal gain in demand got
brought the first reduction in stocks of finished

called for April 11 to

properties.

Purchasing
15c.

to $1.65,

Rising consumption

of

were

the month:

as

the

is

more

economic levels without any

disturbance in the price structure.

marketing

field, the price trends were mixed,
this time of the year.
Fuel oils were
gasoline showed some signs of staging a

customary at

easing

off,

general
along

but

advance.

the

Diesel

oil

was

hit

by

price

reduction

entire Atlantic

Seaboard, and other cities saw
rather widespread
reductions in heating oils posted.
In
New England and other areas, however, higher wholesale

and

with

retail

gasoline

prices

the warm weather.

made

their

appearances

along

-

12

Representative price changes, showing the trend of the1
refined products market, follow:

Nation's

10—Standard

March
fuel

oil

10c.

Grade C

to

was

March

■

EEYIEW

MONTHLY

$1.15

cut

5c.

12—A

New

domestic Grade

Jersey reduced

bunker'
Bonded'

0

effective March 11.

barrel at New York,

barrel.

a

general

throughout

gasoline

of

a

Buffalo

the

oped on March 11 and 12, Treasury bonds first dropped
about % point, and then regained most of the loss.
From
March 22 on to the end of the month, however, the market
Treasury issues

for
of

reduction

%c.

area

in

gallon

a

of

prices

bulk gasoline

posted as

was

retail

prices

When the Austrian crisis devel¬

week of March.

the first

other

in

ness

soft, in sympathy with the weak¬
and on March 31 the net decline

was

securities,

% point for the
bonds of more than
eight years to maturity or call date rose from 2.43% to
to $1.15, effective immediately, by all major oil companies.
March 16—Standard Oil of New Jersey reduced Diesel oil prices 15c. a
2.51% in March. The average rates at which the bill issues
were sold each week rose from 0.058%
barrel to $1.75 at New Orleans and Baton Rouge.
to "0.081% for the
(March 21—Standard of Jersey reduced Diesel fuel oil 10c. a barrel to
June tax date bills, and from 0.067% to 0.087% for the
$1.85 at New York harbor, and also reduced Nos. 2 and 4 domestic heating! regular 91-day
bills.
The amount of bills offered on
oil V4,c. to 4}£c. and 4%c. a gallon, respectively, in tank cars.
March 21 was increased from $100,000,000 to $150,000,000,
under competitive

sagged

14—Bunker

March

March

23—Gulf

price-cutting.

fuel

oil

reduced

was

15c.

Refining m^t Standard's

barrel

a

at

Philadelphia

10c. reduction in Diesel fuel

oil prices and lowered its Philadelphia price to the $1.85 mark.
March
a

28—Wholesale and retail

gallon throughout the Detroit

prices of gasoline

%c.

$100,000,000 represented the regular 91-day bills
$50,000,000 represented the special bills.
The rise in
volume of bills offered was necessitated to meet over¬

the

31—Socony-Vacuum lifted tank and tank

prices of gasoline

wagon

England.

On Dec. 23, 1937, the Treasury reduced
weekly bill offering from 273 days
to 91 days, and the first of the shorter bills then offered
fell due on March 23.
Owing to the shorter maturities,
lapping maturities.
maturity

the
MARCH FINANCING OF THE UNITED STATES

TREASURY

For the Treasury March was a busy month.

offering

15.

March
lected
date

made

was

for

Interest
the

on

due

on

few days after the

the

In

tax

$400,642,000 of special bills were paid off out of cash

hand.

A

total

of

during the
month by sale of special bills maturing after the June
tax date.
Finally, toward the end of the month the Treas¬
ury found itself confronted with a weak market for its
issues, with yields on its short and long securities rising
on

official

and

$250,000,000

raised

was

orderly.
Jr. an¬
nounced on March 3, following a conference with members
of the Executive Committee of the Federal Reserve's Open
Market

of

keep

required to

support

Secretary

the

Committee,

that

Morgenthau

offer

would

he

the market

Henry

Treasury

issue

bond

a

in

which he had written to Ramsay

either

on

"There

is

the

tinue

new

bonds, it

stated, would mature Sept. 15, 1948,

was

and would not be subject to call for redemption before that

Mr. Morgenthau declared on March 7 that the

date.

642,000
the

of

bills failing

Treasury

special

March 15,

after

as

well

$400,-

immediately
oh

due

about $162,000,000 interest

as

public debt, would be paid from the cash balance. Later
same
day Mr. Morgenthau said that subscription

the

on

books

for

business

the

offering

be

would

closed

the

at

close

of

The exchange offering proved a signal success.

Morgenthau

able to announce

was

Secretary

March 11 that

on

total

a

Up

$450,646,900 of the 3% notes would be exchanged for
new
2y2% bonds of 1948.
Thus holders of
only
$4,528,600 of the maturing notes did not take advantage of
the exchange offer, leaving only about 1% of the issue to
be redeemed in cash on March 15.
When 95% of a matur¬
ing issue

is offered

Treasury has in recent
factory.

The

new

for

exchange

in

years

bonds

securities,

new

the

considered the results satis¬

sold

at

substantial

a

premium

and

to

rose

level

a

about

1%

points

above

parity.
The Treasury effected a reduction in its debt held in the
market

during

March.

maturing

on

A

March

15

$4,528,600

of

total

was

paid off

$400,642,000 of special tax date bills
from

March 16

Treasury
date

was

bills.

19.

to

The only new

was

of

in

3%

the

cash,

issue

new

these

owTn

now

of

maturity

a

More than 1,250,000

$30,000,000 of 1 %% consolidated deben¬
Intermediate Credit Bank System was

tures of the Federal

offered

9

March

on

at

slight

a

premium

over

amounted

to

within

March 15,

The

hour.

an

new

debentures

debt publicly

the

issuance

of

bond

sales

Bank debentures matured

Dec.

on

A total of $21,-

15.

Federal Intermediate Credit
March 15, leaving $193,650,000

on

outstanding.
An

issue

of

$23,500,000

of

2%

five-year

consolidated

debentures, Series D, of the Federal Home Loan banks was
offered

March

22

at

The securities fall due on
fourth issue of debentures
offered by the 12 Home Loan banks.
The purpose of the
April

on

1943.

1,

was

to

This

refund

1V2%
1, 1938.

April

The details of

par.

the

was

the

major part of the $24,700,000 of

of

debentures

one-year

the

banks

maturing

non-marketable

special

securities

to

Treasury bills sold on a discount basis are

Bills

Amount of

Dated

Feb.

24 1938

Feb.

24 1938

Mar.

Subscrip¬

Offering

Bills

Offered

tions

Mature

2 1938

June

1 1938

$50,000,001 ) $230,782,000
50,000,00( ) .160,894.000

91 days

2 1938

June

16 1938

106 days

Mar.

3 1938

Mar.

9 1938

June

81938

91 days

50,000,00()

Mar.

3 1938

Mar.

9 1938

June

16 1938

99 days

50,000,00()

Mar. 10 1938

Mar. 16 1938

June

15 1938

91 days

Mar.

Mar. 10 1938

Mar. 15 1938

June

17 1938

93 days

50,000,001
50,000,001

Mar. 23 1938

June 22 1938

91 days

100,000,001

Mar. 17 1938

17 1938

227,296,000
159,587,000
204,681,000

122,339,000
242,126,000

Mar. 23 1938

June

86 days

50,000,001

118,569,000

Mar. 24 1938

Mar. 30 1938

June 29 1938

91 days

100.000,001

233,733,000

Mar. 24 1938

Mar. 30 1938

June

18 1938

80 days

50,000,001

82,462,000

Mar. 31

Apr.

6 1938

91 days

100,000,001

199,200,000

1938

July

6 1938

To Redeem

Bills

Subscrip¬

Amount

Average

Offered

tions

Accepted

Price

Yield

Maturing

Feb.

24 1938

$230,782,000

$50,137,000

99.978

Feb.

24 1938

160,894,000

0.086%
0.058%

227,296,000

50,042,000
50,156,000
50,033,000
50,208,000

99.983

3 1938

99.982

99.9824

50,025,000

99.982

Issue of—

0.073%

Mar.
Mar.

3 1938

159,587,000

Mar. 10 1938

204,681,000
122,339,000

Mar. 17 1938

242,126,000

Mar. 17 1938

When Secretary Morgenthau announced on Feb. 3 that,
beginning Feb. 28, he would offer a new series of June tax

on

given in the following tables:

Mar. 10 1938

the social security funds.

were

1938, and $10,000,000 of them will mature

on
Sept. 15 and $14,500,000
300,000 of the consolidated

raised by the

about

value.

par

heavy oversubscription, the subscription books

a

closed

were

$250,000,000 through the medium of June tax

The net reduction in

thus

value of

bonds, he said.

paid off in cash

money

increased, for the Treasury continued its baby

date

having

bonds

cash value of about $1,240,000,000 had

sold, according to the Secretary.

A

and

held in the
$155,000,000.
It should
be pointed out, however, that the gross debt was in fact

market

and

a

Mar. 17 1938

immediately

notes

other time in the foreseeable future."

7 baby

March

to

citizens

of

the

Secretary

the

bonds either at the end of this

savings

$1,584,462,875 and
been

issue

March '9.

on

of

sale

dated

The

which

in

fiscal year or at any

fact that he
ury

General,

reports that the sale of baby bonds would be

Following

offering an issue of 10%-year 2 y2% Treas¬
bonds of 1948 in exchange for the maturing 3% notes.

S. Black, Third Assistant

denied the
discontinued
April 1 or at the end of the current fiscal year.
no
intention," said Mr. Morgenthau, "to discon¬

Postmaster

exchange for the $455,175,500 of 3% Treasury notes falling
due on March 15. On March 7 the Secretary made known the
was

increased to

offering will have to be

June 23 to take care of maturities.

on

Secretary Morgenthau made public on March 19 a letter

An exchange

falling

notes

its

of

regular weekly

$150,000,000

paid and income taxes were col¬

day.

same

3%

the

was

about

to

The average yield on Treasury

which

of

and

the

gallon throughout New

a

amounted

bonds

Treasury

,

prices of all grades of gaso¬

car

gallon.

a

March

%c.

0.2c.

up

area.

March 30—Standard of Ohio lifted tank

line

marked

were

in

month.

118,569,000

Mar. 24 1938

233,733,000
82,462,000
199,200,000

Mar. 24 1938
Mar. 31

1938

99.984

,

0.059%
0.070%
0.068%

,

$50,030,000

50,000,000
50,045,000

99.983

0.067%

100,218,000

50,099,000

99.986

100,097,000

99.978

0.059%
0.087%

100,092,000

50,107,000
100,325,000

99.982

0.081%

99.965

0.139%

100,282,000
°

100,010,000

bills, he said that the amount to be borrowed by the

bills would depend on how the

March income tax collections
new money to be

NEW SECURITY ISSUES IN MARCH

decided to offer $50,000,000

New offerings in the domestic market for March increased
moderately as compared with the total financing in Febru¬
ary, but failed, however, to come within a near approach
of the volume handled for the same period one year ago.
Among the outstanding emissions for the month, the United

to

as

shaped

He indicated that the total

up.

raised would be between
March

special

24,

when

bills,

$200,000,000 and $300,000,000.
$200,000,000 had been borrowed by

the

Secretary

said

that

the

Treasury

On
the
had

more of the June bills because
the March income tax returns would fall from $20,000,000

$50,000,000 under the Treasury's expectations.
In spite
of the fact that tax collections fell short of Treasury expec¬
tations, they were still in excess of the previous year's
collections.

the

month

000,000

Up to

March 31

amounted

over

the

to

the

income

$723,002,013,

corresponding

an

tax

receipts

increase

for

of $23,-

1937

period.
Income tax
collections for the fiscal year to date, moreover, totaled
$1,995,073,343 against $1,506,870,473 in the previous fiscal
year.
The excess of expenditures for the fiscal year to
March

29 amounted to $856,357,364 against $1,792,532,687
corresponding period of the previous fiscal year.
The price trend of outstanding Treasury issues in March
was
as
follows:
Continuing the advance in the previous
four months, prices of government securities were firm in
in

the




States Rubber
the
to

of that

date

Co.
a

announced
contract

on

was

private sale of $45,000,000 of
large

institutional

investors.

March

31

that

effective

signed by the company for
new

4%% 1st mtge. bonds

Next

in

order

came

the

$28,000,000 offering of the Duluth Missabe & Iron Range Ry.
1st mtge. 31/2% bonds, priced at 98 and int., to yield about
3.62%. The United States Steel Corp. owns all the capital
stock

and

$28,000,000 of the total issues of $30,000,000 1st
One other offering of
size was the $8,000,000 Southern New England Telephone
Co. issue of 30-year 3%% debentures, disposed of at private
sale to a small group of institutions.
Incidentally, the
Youngstown Sheet & Tube Co. during March completed
arrangement to borrow
approximately $12,500,000 from
banks.
Of the total, $5,000,000 will be used to pay off a
mtge. 3y2% bonds of the company.

$18,000,000 New York City Parkway Authority, N„ Y.#Ji H % revenue
bonds were purchased by Lehman Bros, of'New York, and
associates, at 100.037, a basis of about 3.49% .
In reoffering
the issue, the bankers priced the $5,000,000 serial bonds, due
annuallyfrom 1940 to 1963 incl., to yield from 1.50% to 3.26%,
according to maturity, and the $13,000,000' of sinking- fund
obligations, due April 1, 1968, were priced at par.
The bonds
are callable prior to stated maturity dates, as set forth in the

bank loan* of that amount made in January, 1937,, and, the
increase working capital and pay for im¬

remainder will

Below

provements,

we

give the larger offerings in

March :

RAILROAD' FINANCING1

$28,000,000 Duluth Missabe & Iron Range Ry-—-A banxing syndicate
headedt by Morgan Stanley & Co,, Inc., offered on March 30
$28,000,000) 1st mtge. 3M% bonds at 98, and int,, to. yield
about 3.62%.
The issue has been sub-underwritten by 33 in¬
vestment firms, which. constitute the primary selling group,
but their

Corp.

names

owns all

have not been disclosed.
United States Steel
the capital stock and* $28,000,000 of the total

indenture.

♦

issue of $30,000,000' 1st mtge.

3H% bonds of the company.
Morgan Stanley & Co., Inc., has agreed to purchase $28,000,000 of the bonds from U. S. Steel Corp. at 90 and int.
The
balance of $2,000,000 bonds has been purchased by the United
States Steel and Carnegie Pension Fund from the Steel Corp-, at
the same price that the bonds were offered to the public.
It
was announced March 30;that the issue was oversubscribed.

.

,

to

Stillman & Co.

PUBLIC UTILITY FINANCING

2,415,400 Albany, N. Y., 2% and 2H% general purposes bonds, due
annually from 1939 to 1978 incl.,. were awarded to. an account
managed by Halsey, Stuart A Co., Inc., New York, at 100.158,
an interest cost of about 2.20%.
They were reoffered for
public investment to yield from 0.50 to, 2.60%, depending: on
coupon rate and maturity.,

$8,000,000-Southern New England Telephone Co.—Theco. on Mar-. 17
announced that it has arranged for the private sale of $8,000,000 30-year 3 H% debentures at 102.
The sale-was made to a
small group, of institutions and was completed through, Chas.
W. Scranton A Co,
The issue has been approved by the Pub¬
lic Utilities Commission of Connecticut.
The proceeds will be applied to the retirement of existing

1

.

1,300,000 Minneapolis, Minn., 2.20% Improvement bonds, due annually
from 1939 to 1948 incl., were awarded jointly to Phelps, Fenn
A Co. and Stone & Webster and Blodget, Inc., both of New
York, at 100.23, a basis of about 2.15%.
Reoffered to yield
from 0.60% to 2.25% , according to maturity.

obli-

Sations ofto meet the cash needs ofto approximately $5,20000, and the company,-amounting the company's construc¬
tion program.
The new debentures are to be dated April 1,
1938. and will mature April 1. 1968.
$2,300,000 Long Island Lighting Co.—The company announced Mar. 31
that it has placed privately with the Equitable Life Assurance
Society of the U. S. $2,300,000 1st ref. mtge. bonds, series C,
4%, due June 1, 1960.

*

1,100,000 Rochester, N. Y., 1.70% public works bonds, due from. 1940
to 1948 Incl., were awarded'to Halsey. Stuart A Co., Inc.,
New York, and associates, at 100.18, a basis of about 1.67%.
Reoffered to yield from 0.75% to 1.85%, according,to maturity.

The New York P. S. Commission has authorized the issue,
bonds to be sold at par and accrued interest.
The bonds are to be secured by the
company's first refund¬

ing

1,085,000 Waterbury, Conn., 2H% funding and improvement bonds,
due serially from 1939 to 1958 Incl., were sold to a group headed
by Brown Harriman A Co.. Inc., New York, at 100.18®, a
basis of about 2.73%.
Reoffered toyield from 0.75% to 2.75%
according to maturity.

mortgage; American Exchange National Bank (Irving
Co., successor) trustee; are redeemable to and incl.

Trust

June 1. 1940 at 105, thereafter at
for each five-year period to June

a decreasing premium of 1%
1,1955, thereafter to and incl'.

1,070,000 Birmingham, Ala., 3H% improvement bonds, due from 1942
to 1958 incl., were awarded to a group composed; of Banamerica-Blair Corp., Halsey, Stuart. A Ck)., Inc. and Ward,,
Sterne A Co., of Birmingham, at 100.209, a basis of about
3.48%.
Reoffered to yield from 2.50 to.3.50%, according to

June 1, 1958 at 101 and thereafter to
maturity at par.
from the sale of the bonds are to be used to pay

$2,300,000 of short-term loans owing to banks.

$970,000 Cumberland County Power & Light Co.—-Priced at $97
per share flat, an additional issue of 10,000 shares of 5H cum.
pref. stock (par $100) was offered March 1 by a group of inr
vestment firms headed by H. M. Payson & Co. of Portland,
Me., who are acting as agents for the company in the sal© of
this stock.
Other members of the group included Charles H.
Gilman ACo,, First Boston
Corp., Maine Securities Co., and
Coffin A Burr,, Inc.
Uixm thesaie of these shares there will be outstanding a
total of $2,000,BOO 5
H % cum. pref. stock.
With the $3,999.400 of 6% cum. pref., the total of
preferred outstanding will
amount to $5;999,400.
Funded debt of the company con¬
sisting entirely of first mortage bonds, amounts to $11,005,000.
$600,000 Bangor Hydro-Electric Co.—An issue of $600,000 1st mtge.
3 t2 % bonds due March
1,1963, has been placed privately, it was
announced March 28, through
Smith, Barney A Co., E. W.
Clark A Co. and Hornblower A
Weeks, acting as agents for the
company.
The purpose of the financing is to reimburse the
company for recent property improvements and to provide
funds for contemplated
improvements to property.
$400,000 Indiana Associated Telephone Corp.—An offering of 17,291

3.10%, according to maturity.

2,600,000 Chicago* 111., "water works system certificates of indebtedness,
comprising $1,500,000 3s, due from 1943' to 1947 incl., and
$1,100,000 3Hs, maturing from 1952 to 1964 incl., were sold
to Halsey, Stuart & Co.,, Inc., New York, and associates.
Bankers paid a price of 105.55 for the 3s, a basis of about
2.145%, and 107.86 for the 3 J^Si the interest cost being 2.85%.
The 3s were offered to investors to yield from 2.10% to 2.50%,
while the 3 Hs were priced to return 2.75%.

99.033.
A bid of 97.029-was submitted by Evans *
and associates. -

8,350,000 Philadelphia School District, Pa., 1%% operating revenue
bonds, due semi-annually from Oct. 1, 1938 to Oct. I, 1941,
both inclusive, were taken, by an account managed by Dreyel
A Co. of Philadelphia.
Successful bid was a price of 100.139,
a 1.61% interest cost basis.
Reoffered to yield from 0.40%
to 1.75%, according to maturity.

2,750,000 Erie County, N. Y., 2-90% various purposes bonds, due annu¬
ally from 1939 to 1953 incl,, went to a syndicate headed'by
Lehman Bros, of New York, at 100.13 a* basis of about 2.87%.
Offered for public subscription on & yield basis of from 1.10%

$2,235,000 Chicago Milwaukee-St. Paul & Pacific RR,—Salomon Bros*
& Hutzler, Dick A Merle-Smith and Stroud A Co. were high
bidders on March 10 on $2,235,000 3 % % equipment trust cer¬
tificates, series S; maturing April 1, 1939-53. with a tender of

.

is

monthly keview

April, 1938]

maturity.

'

1,000,000 Jacksonv llc, Fla., 2}4% electric revenue certificates, due
$100,000 each year from 1939 to 1948 incl., were awarded to
the Chase National Bank of New York and associates, at

100.24,

a

basis of about 2.20%.

No public reoffering was

made.

1,000,000 New Mexico (State of) 2%% and 3% highway debentures.
due in 1929 and 1950, were sold to the First Boston Corp.*
New York at 100.04. a baste of about 2.92%,.

x

DIVIDEND CHANGES IN MARCH

,

shares of $6 cum. pref.

(no par) stock

was

made March 6 at

It
sel

provide a sinking fund to retire

a

minimum of

$275,000 of debentures each year and, contingent on earnings,

Booker & Co., Washington, D.
C., offered
4 H % bonds at par.
Bonds were dated
come

due April

E.

$800,000 1st mtge.
April 1, 1938 and be¬

1, 1948.

The net proceeds to be received
by the company from the
sale of the bonds (estimated at
$785,920, after

deducting

derwriting commission and other expenses)

are to

un¬

be used for

^be retirement of funded debts of the

company maturing Apr. 1,
1938, in the total principal amount of $690,000.
The balance
of approximately $95,920 will be used
by the company in
paying off existing bank loans due Second National Bank and
Bankof Washington, Washington, D. C.
The securities to be retired

practically all held by Wash¬
ington, D. C. banks, trust companies and individual investors.
Corporation i© the successor company to the Washington
are

Market Co.

''

$500',000-Transcontinental

Petroleum Corp.—Public offering of
$500,000, 6r% conv. 1st mtge. sinking fund gold bonds was
made by Leach Bros., Inc., Johnston, Lemon A
Co., Wash¬
ington, D. C. and Gilbert F. Brooks A Co., Providence, R. I
The bonds which are to be issued
pursuant to a plan of reorganization approved by the U. S. District Court for the
Northern
District of Texas, are dated Feb. 1, 1938 and mature Feb 1

1943.
They are priced at 98H and interest.
The bonds ar© redeemable at the option of the company in
whole or in part on 60 days' notice at 105% and accrued in¬
terest.
They are convertible prior to Jan. 15, 1940 into
200 shares ($1 par) com. stock for each $1,000 of bonds.
•

MUNICIPAL FINANCING

$43,000,000 New York, N. Y., 3% various municipal
»■•••.«

purposes bonds, due
serially from 1939 to 1968 incl.. were awarded to a syndicate
headed by the Chase National Bank of New York, at 100 719

baste of about 2.94%.
They were reoffered to yield from
0.60% to 3.10%» according to date of maturity.

a




the

Dec. 20, last and 37 He. on Oct. 30 and on July 30, last.

5 maximum of $365,000.
Interest payable M'. AS.
$800,000 Terminal Refrigerating &. Warehousing
Corp.—Y.

■

payable April 1,

Beneficial Industrial Loan Corp.—Dividend of 45c. a share was paid
March 30, oa the common stock.
This compares with 30c. paid on

issue, if not all, will
Insurance Co., Prudential
Insurance Co, and New York Life Insurance Co.
The company has called for
redemption on July I next, its
entire outstanding issue of
$50,000,000 1st A ref. mtge. 5%
gold bonds, series A. due Jan. 1, 1947, at 105 and interest.
Payment will be made at office of Central Hanover Bank A
Trust Co., 7h Broadway, N. Y. City.
*
$5,500,000 Champion Paper & Fibre Co.—Offering by means of a pros¬
pectus of $5,500,000 4 % % sinking fund debentures
(1938 issue)
was mad© March 28
by W. E. Button A Co, and Goldman,
Sachs 4 Co, and associates.
The debentures were priced at
99H and accrued interest.
Dated March 1, 1938; due Sept.
1, 1950-.
Coupon debentures
in denom. $1,000, registerable as to
principal only. Company

r

Corp.—Extra dividend of 25c. a share in addition, to
the regular quarterly dividend of 50c. a share on the class A stock, both

also announced that the
company has contracted to
privately to four purchasers at 105 $400,000 1st mtge.
was

at par and that the greater portion of the
be taken by the Metropolitan Life

•

eries

American Business Credit Corp.—Initial dividend of 10c. a share on
common class. A stocks, payable April 14.

bonds, series B, due Oct. 1. 1965.

•

FAVORABLE CHANGES
American Ba

Mitchum, Tully A Co.

INDUSTRIAL AND MISCELLANEOUS FINANCING
$45,000,000 United States Rubber Co.—Following the approval by the
stockholders of the terms of its recapitalization
plan on Mar. 31,
the
company^announced that a contract was signed for the
private sale of $45,000,000 new 4 Ji% 1st
mtge. bonds to large
institutions1 investors.
Neither the sale price nor the
identity of the purchasers was
made public.
It is' understood' however, that the sale was

-

March

greatly outnumbered the favorable changes. The following
list, divided into two sections, namely "Favorable Changes"
and "Unfavorable Changes," gives the more important of
the changes:

a

6y *2 °vv? P?r Co., Inc., and including Paine, Webberheaded
Bonbright A share through an underwriting group & Co.
and

Unfavorable changes in dividend declarations in

Bausch & Lomb Optical Co.—Initial dividend of 25c. a share on
common

the

stock, payable April 1.

Bralorne Mines, Ltd.—Extra dividend of 10c. a share and a quarterly
15c.

a

share on the no par, common stock, both payable

April 14.

of
An

extra of 10c. and a

regular quarterly of like amount were paid in each
of the four preceding quarters.
~
Carbons Consolidated, Inc.—Dividend on the common
from 25c. a share to 40c. a share, payable March 28.

stock increased

Coronet Phosphate Co., N. Y.-—Dividend of $1.25 a share on

stock, payable April 1.
share were distributed.

par common

$1

a

'

the $100

Previously regular quarterly diva, of

Esquire Coronet, Inc.—Extra dividend of 30c. a share and a regular
quarterly of like amount were paid March 30, last on the common stock.
(Geo. A.) Fuller Co.—Dividend of $1

a

share on the new 4% cumulative
This will be the first divi

convertible preferred stock, payable April 1.

paid since 1932.

,

General Crude Oil Co.—Initial dividend of 10c.
,

stock payable June

a

share on the common

10.

*

Hammond Instrument Co.—Special cash dividend of 15c. a share plus a
dividend of 1-100 of a share of 6% preferred stock on the common shares*
both payable March 16.

Illinois Commercial Telephone Co.—Dividend of $2 a share on account
of accruals on the $6 cumulative preferred stock of no par value, payable
.

April 1. This payment clears up all accumulations on the issue.

(F. L.) Jacobs Co.—Stock dividend of 40% on the $1 par common stock
payable April 30. Dividend will be paid at the rate of two new shares for
each five shares held.

(D. Emil) Klein Co., Inc.—Directors have declared a dividend of 25 cents
per share on the common stock, payable April 1. A dividend of 75 cents
was paid on Dec. 24, last, the company at that time stating that this 75cent dividend comprised the regular quarterly dividend of 25 cents
ordinarily due and the quarterly dividends of 25 cents which would
ordinarily be paid on April 1 and July 1,1938.

Langendorf United Bakeries, Inc.-—Initial quarterly dividend of 50c.
a

share on the $2 class A stock, payable April 15.

1

(Oscar) Mayer & Co., Inc.—On March 1, the company paid an extra
dividend of 25c. a share and a regular quarterly of $2 a share on the 8%
second participating preferred stock, par $100.
National Manufacture & Stores Corp.—Stock dividend of one-half
share of common stock for each share of $5.50 convertible prior preferred
stock held,, payable April 15.
-

New Orleans Public Service, Inc.—Dividend of 87 He. a share on account
of accumulations on the $7 cumulative preferred stock payable April 1.
This will be. the first dividend paid since April 1, 1933 when 87He. a
share was also distributed.
Pan American Match Co.—Initial dividend of 50c. a share on the com*
mon

stock became payable

March 29.

Park & Tilford, Inc.—An Initial dividend of 75c. a share was paid March
20, on the cumulative convertible 6 % preferred stock of $50 par value,
1
Reed Roller Bit Co.—Extra dividend of 10c. and
sharewere paid March

31

cm

the nor-par

a

quarterly of 20c. a

common stock.

„

Shasta Water Co.—Extra dividend of 25c. a share and a quarterly of 50c.
a share on the no-par common stock, both payable April 1.

South Penn Oil Co.-—Extra dividend of 12 K.c. a share and a regular
quarterly of 37 He* a share on the $25 par capital stock, both payable
March 31*

•

14

REVIEW

MONTHLY

Bond Stores, Inc.—Dividend on the common stock reduced from 40c. a
share to 20c. a share and became payable on March 31, last.

Southern Acid & Sulphur Co., Inc.—Extra dividend of 50c. a share
and a regular dividend of 25c. a share on the common stock, both be¬
come payable March 19.
Stedman Bros., Ltd.—Extra dividend of 10c. a share and a regular

Borg Warner Corp.—Directors on March 5 voted to omit the dividend
ordinarily due about this time on the $5 for common stock.
An extra
dividend of 50c. and a regular quarterly of like amount were paid on

quarterly of 15c. a share on the common stock, both payable April 1.
Todd Shipyards Corp.—Dividend on the no-par capital stock increased
from 50c. a share to $1 a share and became payable March 21.
Van Camp Milk Co.—Dividend on the common stock increased from 25c.
a

share to 50c.

share, and became payable on March 25.

a

Vieder-Root, Inc.—Extra dividend of 25c.
•

Dec. 10,last.
Borne Scrymser Co.—Dividend on the $25 par,
from 75c. a share to 50c. a share, payable April 15.

share and a regular quarterly

a

of like amount on the common stock, both payable March 15.

Boston Woven Hose

Wellington Fund, Inc.—Dividend
from 15c.

share to 20c.

a

a

on the $1 par common stock increased
share, payable March 31.

share was

St Crampton Corp.—Initial quarterly dividend of 18)4c. a
share on the cumulative convertible preferred stock, payable May 16.

Lathrop Co.—Extra dividend of 12 He. a share and a
regular quarterly of 37He. a share on the $10 par common stock, both
payable March 30.
.•.
Electric

Co.—Dividend

Corp.—Dividend on the $25 par common stock reduced
a share, payable March 15. ■

Bristol Brass
from $1

share on the
This compares with 75c. paid

capital stock, par $25, payable March 31.
on Dec. 24, last.
UNFAVORABLE

of $1

On Aug. 20 last one of $2 a

paid.

Briggi Manufacturing Co.—Directors on March 17 voted against the
declaration of a dividend on the no par common stock at this time.
A
distribution of $1.50 a share was made on Dec. 23, last.

Woodward &

Suburban

stock

& Rubber Co.—Dividend on the common stock

ordinarily payable at this time omitted.

Winters

Worcester

capital stock reduced

Boston Herald-Traveler Corp.—Dividend on the no par common
reduced from 50c. a share to 25c. a share, payable April 1.

a

share to 50c.

a

Co.—No action on the quarterly dividend
share ordinarily due on the $6 preferred stock at this time.

Brown Forman Distillery

$1.50

a

Burco, Inc.—No action on the quarterly dividend of 75c. a share
due at this time on the $3 preferred stock.

CHANGES

of

ordinarily

Co.—-Directors recently passed the dividend ordinarily
payable at this time on the common shares.
A dividend of 25c. a share
was paid on Dec. 1 last.

Burd Piston Ring

Abraham St Straus, Inc.—Dividend on the no par common stock decreased
from 75c. a share to 37 He. a share, payable April 25.
Aetna^ Ball Bearing Mfg. Co.—No action taken on the payment of a
dividend on the common stock at this time. - Dividends of 40c. a share
were paid on Dec. 20 and Sept. 25 last.
V:v.
'■

Burroughs Adding Machine Co.—Dividend on the no par common stock
reduced from 20c. a share to 10c. a share and becomes payable on June
■
6, next.
■

Affiliated Fund, Inc.—Dividend of 8c. a share on the 25c. par common
stock, payable April 15.
A regular quarterly dividend of 15c. a share
was paid on Jan. 15 last.
™
■

;

„

was

■

from 30c.

a

share to

the common stock decreased

on

,

^20c. a share, payable April 1.

Aluminum Industries, Inc.<—'Directors on March 8 failed to take action
on the quarterly dividend due at this time.
Previously regular quarterly
dividends of 10c. a share were distributed*.

Amalgamated Leather Cos., Inc.—Directors took nd action

.

American Beverage Corp.—Directors on March 22 took no action on the
payment of a dividend ordinarily due at this time on the 7% cum. conv.
1 pref. stock, par $5.
A regular quarterly dividend of 8Hc. a share was
paid on Jan. 3 last.
American Brake Shoe & Foundry Co.—Dividend of 25c. a share ofr-the
no par common stock was paid on March 31.
This compared with $r.40
on Dec. 24 last and 75c. on Sept. 30 last.
(
American Crystal Sugar Co.—Dividend on the $10 par common stock
decreased from 50c. a share to 25c. a share, payable March 24.

J

American Enka Corp.—Directors passed the dividend ordinarily due on;
the common shares at this time.
A distribution of $1 was paid on Dec.
23 last.
*

American Hide & Leather Co.—Directors on March 17 took no action on
the dividend ordinarily due at this time on the 6% cum. pref. stock,
par $50.
Regular quarterly dividends of 75c. a share have been paid on
this issue since March 30, 1936.
American Meter Co.—Dividend of 30Cw

share on the common stock,

a

payable April 15.
A special of $1 a share in addition to a regular quar¬
terly of 75c. a share was distributed on Dec. 21 last.
American Mfg. Co.—Directors failed to take any action regarding the
payment of a dividend on the common stock at this time.
A payment
of $1 was made on Dec. 31 last.
American Smelting & Refining Co.—Dividend of 50c. a share on the no
par common stock, payable May 31.
This compares with 75c a share
paid on Feb. 28 last.

Apex Electrical Mfg. Co.—Dividend

the 7% prior pref. stock of $100
ordinarily due at this time omitted.
Regular quarterly dividends of
$1.75 a share were distributed on Dec. 28 last.
»
\

t.:

.

Apollo Steel Co.—Dividend ordinarily due at this time

on the common
One of 12 Hc. a share was paid on Dec. 23 last, and each

shares omitted.

quarter previously.

•

distributed.

a

share was paid March 31

Previously quarterly dividends of 40c. a share

•

Century Electric Co..—Directors deferred action on the payment of a
dividend

on

the new common stock at this time.

share was paid on Dec.

One of five cents a

27, last, and an initial of 10c.

on

Sept. 30, last.

Chicago Railway Equipment Co.—Directors on March 15, voted to omit
the regular quarterly dividend of 43He. a share on the 7% cum. pref.
stock of $25 par due on April 1.
The company cleared up all accruals
on this stock on Dec. 18, last, with the payment of a dividend of $3.06)4
a

share.

Chilton Co.—Dividend
5c.

a

on

the common stock reduced from 10c.

share, payable April 15.

«

a

share to

,.

City Auto Stamping Co.—Directors on March 10 took no action on the
payment of a dividend on the common stock ordinarily due at this time.
An extra of 30c. a share and a regular quarterly dividend of 15c. a share
were both paid on Dec. 20, last.

City Ice St Fuel Co.—Dividend Of 40c.
payable March 31.

A dividend of 50c.

a

share on the common stock,
paid on Dec. 15, last, and

was

each three months previously.

Cleveland

Graphite Bronze Co.—Interim dividend of 25c. a share on the
$1 par common stock, payable March 31.
This compares with $1.30
paid on Dec. 20, last, and 50c. a share previously.

Cliffs Corp.—Dividend on the common stock reduced from 20c. a share to
10c. a share, payable April 1.
Cluett Peabody & Co., Inc.—Dividend on the no par common stock
reduced from 25c. a share to 15c. a Bhare, payable May 2.

Collyer Insulated Wire Co.—-Dividend on the no par common stock
reduced from 35c. a share to 10c. a share payable April 1.
.

Columbia Mills, Inc.—Dividend on the common stock reduced from $1 a
share to 50c. a share, payable April 1.
Consolidated Cigar Corp.—Directors took no action on the payment of
a

dividend

paid

on

par

Celanese, Ltd.—Dividend of 25c.

the common stock.

Carpel Corp.—Dividend of 50c. a share on the no par common stock,
payable March 31.
This compares with 25c. paid on Dec. 28, last.
J. W.) Carter Co.—Dividend on the common stock reduced from 20c. a
share to 15c. a share, payable April 1.

on the pay-

ment oi a dividend ordinarily due at this time on the new 6 % conv. pref.
stock of $50 par.
A regular quarterly of 75c. a share was paid on Jan. 3
last.'
'
'■
•
'
'•/
'
"

,

on

were

passed the dividend ordinarily due at this time
22, last.

A regular quarterly of $1 was paid Dec.

the common stock.

Canadian

paid.

Alabama Fuel & Iron Co.—Dividend

.

on

Ainsworth Mfg. Co.—No action taken on the payment of a dividend on the
common stock at this time.
On Dec. 16 last a dividend of 75c. a share

T

„

Calhoun Mills—Directors

on

on

the common stock at this time.

One of 75c.

a

share was

Jan. 14, last.

Continental Steel Corp.—Directors on March 15 failed to take action
on the payment Of a dividend on the common shares.
A regular quarterly
of 25c. a share was paid on Dec. 24, last.

Cutler-Hammer, Inc.—Directors on Feb. 23 took no action on the current
quarterly dividend on the common stock.
A year-end dividend of 25c.
a share on the larger amount of shares outstanding was paid on Dec. 15,
last.
The company's stock was recently split up on a two-for-one basis.

Armour & Co. (111.)—Directors on Feb. 25 deferred action on the dividends
on the common, the $6 prior preferred, and on the 7% cumulative preferred stocks, due at this time.
A distribution of 15c. a share was made
Dec. 15 last on the common shares.

Davenport Hosiery Mills, Inc.—Dividend on the no par common stock
reduced from 50c. a share to 25c. a share, payable April 1.

Art

Diesel-Wemiher-Gilbert

.

,

Metal

Construction

15 last and 80c.

on Dec.

Associates

a

share

on

the

$10

Corp.—Dividend of 20c. a share on the $10
stock, payable March 25.
A dividend of $1 was paid on
Dec. 24, last and an extra of 25c. in addition to a regular quarterly of like
amount was paid on Sept. 25, last.

stock, payable April 1.

par common
L,

Co.—Dividend of 50c.

Investment

a

This, compares with $1.20 paid
share on Oct. 1 last.

Co.—Dividend

the

on

no-par

stock

common

reduced from 75c. a share to 50c. a share, payable March 31.
Atlantic Building Trust (Boston)—Semi-annual dividend of 50c.
share was paid on the common stock on March 15 and compared with
regular semi-annual dividend of $1 a share paid on Sept. 15 last.

Dejay Stores, Inc.—Dividend

;

Atlantic Steel Co.—Dividend of 15c.

a

share

on

par, common

on the $1 par common
from 20c. a share to 10c. a share, payable April 1.

a
a

the new no-par common

stock, payable March 31.
This compares with a dividend of $3 paid
on Dec. 20 last and an initial dividend of $1.20 a share on this issue on
Sept. 39 last,
'
v
Automobile Finance Co.—Directors omitted the dividend ordinarily

Detroit Gasket St

Manufacturing Co.—Directors on March
action on the quarterly common dividend normally payable
A regular quarterly of 25c. a Bhare was paid on Jan. 20, last,

no

•

,

,

-

.

.

due at this time
share

was

on

the

common

stock.

the common dividend.

One of 6)4c. was paid on

share

the

Dec. 27, last, and each

three months previously.

Detroit Steel Products Co.—Directors

Babcock & Wilcox Co.—Dividend of 25c.

24, took
April 20.

Detroit Paper Products Co.—Directors on March 2, deferred action on

A regular quarterly of 10c. a

paid on Dec. 1 last,

stock decreased

Delta Electric Co.—Dividend on the common stock reduced from 25c.
a share to 15c. a share, payable March 21.

on

March 16 took no action

on

the

stock,
paid.

payment of a dividend on the no-par capital stock ordinarily due about
March 31.
One of 50c. a share was paid on Dec. 22, last.

Backstay Welt Co.—Directors omitted the common dividend normally
due for payment in April.
A regular quarterly of 30c. was paid on

(Joseph) Dixon Crucible Co.—'Dividend on $100 par capital stock due
at this time omitted.
A regular quarterly of $1 a share was distributed

payable April 1.

.

.

a

on

During 1937 five dividend, each of $1

a

common

share;

were

Jan. 15 last.

i

Baldwin
>

on

Co.—Dividend

of five

cents

a

share

payable March 25.
This compares with
15c. on Sept. 25, and June 25 last.

.

on

the

10c. paid

stock,
24 last,

common

on

Dec.

Baldwin Rubber Co.—Directors passed the dividend usually payable in
April on the common stock.
A regular quarterly of 12Hc. a share was
paid on Jan. 20 last.
Be Id wing Heminway Co.—Dividend on the no par common stock de¬
creased from 25c. a share to 12He. a share, payable April 30.

Bendix Aviation Corp.—No action taken on the declaration of a dividend
on the $5 par common shares ordinarily payable about March 12.
Divi¬
dends of 25c. a share were distributed in each of the four preceding
quarters.
•
-

.

,

Berghoff Brewing Co.—Director at recent meeting took no action on the
j
payment ofa dividend normally due March 15 on the common stock, A
regular quarterly of 25c. was paid on Dec. 15, last.
Berkshire Fine Spinning Associates, Inc.—No action taken on the pay-

ment of a dividend at this time on the preferred and common stocks.
A
distribution of 40c. a share was paid Sept. 24, last on the common stock.
Bird & Son, Inc.—Dividend on the common stock of no par value reduced
from 25c. a share to 10c. a share, payable March 28.
n

-

*

Block & Decker Mfg. Co.-—No action taken

on

the payment ofa dividend

on the common stock at this time.

One of 25c. a share was distributed
On Dec. 31, last and each three months previously.

i

Blaw-Knox Co.—Directors
a

dividend

on

the

March 28 took no action on the payment of
stock at this time.
A year-end disbursement

on

common

of 50c. was made on Dec. 20, last.
*
Bloomingdale Bros., Inc.—Dividend on the common stock reduced from
37He. ,a share to 18 J£c. a share, payable April 25.
Bliss & Laughlin, Inc.—Directors took no action on the payment of a
dividend

on

.

,

the common stock, par

a

$5, at this time. An extra of 25c. a
regular quarterly dividend oi 50c. a share were paid on

Pec. 24. last.

,

V

Bohn Aluminum St Brass Corp.—Directors on March 31 took no action
on the payment of a dividend at this time oh the $5 par, common stock.
Dividends of $1.25 a share were paid on Dec. 21 and Oct. 1 ,'last.




23, last.

•

Doehler Die Casting Co.—Dividend on the common stock reduced from
50c. a share to 20c. a share, payable April 18.
Dow Drug

Co.—Directors recently deferred the payment of dividends
ordinarily due at this time on the common and preferred stock.

Duff-Norton Mfg. Co.—Dividend on the no-par common stock reduced
from 50c. a share to 40c. a share and become payable on March 18.
Dunean Mills—Dividend on the common stock reduced from 50c. a share
•

to 40c. a

share and

was

paid on March 1, last.

Eastern

Steamship Lines, Inc.—Directors on March 7, took no action
the quarterly dividend due to be declared at this time on the $2
dividend no-par convertible preferred stock.
A regular quarterly of
on.

50c.

a

share

was

paid

on

Jan. 3, last.

Emerson Drug Co.—Dividends on the class A and class B common stocks
reduced from 50c. a share to 40c. a share, payable April 1.
Fafnir Bearing Co.—Dividend on the $25 par, common stock reduced
from $2

Fiberloid

75c.

a

a

share to $1

a

share and became payable on March 31*. * '

Corp.—Dividend

share to 30c.

a

on the no par common stock reduced from
share, payable March 10.
*
;V
;
:

(William) Filene's Sons Co.—Dividend
common

of 25c. a share on the no par
stock, payable April 25.
This compares with 50c. paid on
on March 25, 1937,

Sept. 25, June 25, and

Firestone Tire & Rubber Co.—Dividend
reduced from 50c.

{

share and

Dec.

Dodge Manufacturing Corp.—Dividend on the common stock reduced
from 25c. a share to 12He. a share, payable April 13.

a

share to 25c.

a

on the $10 par, common stock
share, payable April 20.

Food

Machinery Corp.—Dividend on the $10 par common stock reduced
from 62He. a share to 25c. a
share, payable March 31.
Franklin Process—Dividend on the no par, common stock reduced from
75c. a share to 25c. a share, payable April 1.
■
■■,
Fruehauf Trailer Co.—Dividend on the common stock ordinkrliy due at
this time was omitted.
One of 25c. a share was paid on Dec. 24, last.
.

.

Fundamental Investors, Inc.—Dividend of lOci a share on the $2 par
capital stock, payable April 1.
This compares with 50c. paid on Dec. 21,
last and 25c. in each of the three preceding quarters.

_

McCall

Gemmer Mfg. Co.—No action taken on the payment of a dividend ordinarily due at this time on the class A stock.
A quarterly dividend of
75c. was paid on Jan. 3, last.

.

action

a share on the no par common
stock, payable April 25.
This compares with $1 paid on Dec. 20, last
and 40c. paid on Oct. 25, July 26 and April 26, 1937.
<

share

a

share to 10c.

Glidden Co.—Directors

Medusa Portland
dividend on the
Dec. 24, last.

dend due at this time.

paid on

A regular quarterly of 50c. a share was

Goodman Mfg. Co.—Dividend of 25c. a share was paid March 31 on the
$50 par, common stock.
This compares with 75c. a share paid on Dec.

21, last, and previous regular quarterly dividends of 50c.

a

Fisheries Co., Ltd.—Dividend on the no par
stock reduced from $1 a share to 75c. a share, payable April 5.

<

Grand Rapids Varnish Corp.—Dividend of 12 He. a share on
mon stock, payable March 31.
Previously regular quarterly
of 25c. a share were distributed.

reduced from 30c.

compares

share to 50c. a

on

March 8 took
on

no

action on the quarterly

quarterly dividends of 25c.
four quarters of 1937.

Hathaway

ceding

Mfg.
stock

National

a

share

were

made.

&

Bearing Co.—Directors

on

Huttig Sash & Door Co.—Dividend of $1.25

Ideal Cement Co.—Dividend of 35c.

A

31

on

the

a

share

paid March 31 on the $10
extra dividend of 50c. and

was

with an
on Dec. 22, last.
compares

a

share was paid

Industrial Rayon Corp.—Directors on March 14 voted to omit the divi¬
dend ordinarily due at this time on the company's no-par common
shares.
One of 25c. a share was paid on Jan. 3, last.

Corp.—Dividend of 50c.

a share on the $5 preferred
An initial dividend of $1.25 a share was paid

stock, payable April 1.
on
Dec. 27, last.

Jefferson Electric Co.—Dividend of 25c.

a

share on the no-par common

payable March 31.
This compares with a dividends of $1.50
paid on Dec. 24, last and dividends of 50c. a share in each of the three
preceding quarters.

Jenkins Brothers—No action taken

on

the payment

non-voting common and founder shares.
and $1 a share, respectively, were paid on

of a dividend on the
Quarterly dividends of 25c.
Dec. 24, last.

Johns-Manville Corp.—Directors on Feb. 28 failed to declare a dividend
on the no-par common shares.
An extra of $1 and a regular quarterly
of 75c. were paid on Dec. 24, last.
Jones & Laughlin Steel Corp.—No action taken on the payment of a
dividend at this time on the preferred stock.
A dividend of $1.75 a

50c.

was

paid

on

Oct. 15,

Previously, regular monthly dividends of 15c.

a

share

distributed.

Kelley Island Lime & Transport Co.—Dividend
stock reduced from 40c.

a

share to 25c.

Kennedy's, Inc.—No action taken
common

stock at this time.

on

a

the no-par common
share, payable April 1
on

the payment of

a

dividend

on

last, and

share

Krueger Brewing Co.—Directors

dividend due at this time
.

was

on

Feb. 28 decided to omit the

on

the common shares.

A distribution of 25c.

made on Dec. 16, last.

Laclede Christy Clay

Products Co.—No action on the payment of a
dividend on the common shares at this time.
A special of 25c. was paid
on Dec. 28, last and a regular quarterly of 25c. on Oct. 1, last.

Laclede Steel

Co.—Dividend of 15c. a share on the $20 par, common
stock, payable March 31.
This compares with $1.25 paid on Dec. 27,
last and 25c. a share on Sept. 30, June 30 and March 20, 1937.

(F. & R.) Lazarus Co.—Dividend
reduced from 25c.

share to 25c.

a

a

on

on

the no par common stock reduced from 50c.

a

on the capital stock reduced from 40c.
payable April 1.
f
.

Loomis Sayles Mutual Fund, Inc.—Dividend of 50c. a share on the
common stock, payable April 1.
This compares with $3 paid on Dec.
23, last, $15 on Dec. 1, last, and one of $1 a share on Oct. 1, last.:

Lyon Metal Products, Inc.—Dividend of 12 He.

share was paid March
15 on the common stock.
An extra of 25c. and a regular quarterly of
like amount were paid on Dec. 15, last.
a

share on the common stock, par
$50, payable April 1.
This compares with $15 paid on Dec. 29, last and
$7.50 paid on Oct. 1, July 1 and April 1, 1937.- •
•
>
a

Marchant Calculating Machine Co.—Dividend of 25c. a share on the
$5 par, common stock, payable April 15.
This compares with $1 paid
on Dec. 20, last and $1.15 on Oct
15, last.
v




T

Dec. 22, last.
the common stock reduced from

on

This
last.
Rayon Corp.—Directors on March 17 took no action
of a divide id on the class A and B common stocks. A

the payment

a

share

was

Brass Co.—Dividend
a

on

Sugar Plantation
ordinarily due in April

dend

paid

on

Dec. 23, last.

the class A and class

Finance

45c.

a

share to

stocks

24.

last.

Fisheries, Inc.—Dividend

reduced from 30c. a share to 15c. a share,

Pacific

common

Co.—Directors recently passed the divi¬
on the common shares. A regular monthly

dividend of 10c. was paid on March 5,

Pacific American

B

share to 25c. a share, payable March

Paauhau

on the $5 par common stock
payable April 30.

Corp.—Dividend on the common stock reduced from
30c. a share, payaole April 1.

Pacific Telephone & Telegraph Co.—Dividend on the common
reduced from $2 a share to $1.50 a share, payable March 31.
Packer Corp.—Dividend reduced from 40c. a share to
common

no-par

stock, payable April

25c.

a

25c.

a

stock

share on the

15.

Peaslee Gilbert

Corp.—Dividend on the common
share to 12 He. a share, payable March 31.

stock reduced from

Perry Fay Co.-—Dividend of 50c. a share on the common stock, payable
March 31. This compares with $2 paid on Dec. 22 and on Sept. 30, last.
Pfeiffer Brewing Co.—Dividend on the common
a share to 25c. a share, payable April
11.

stock reduced from 30c.

Philadelphia Co.—Dividend on the no-par common stock reduced from
25c.

a

share to 20c. a share, payable April 25.

Phoenix Securities

Corp.—Dividend ordinarily due at this time on the
A regular quarterly of

$3 convertible preferred class A stock omitted.
75c. a share was paid on Jan. 3, last.

on the $25 par common stock of
This compares with $1 a share paid on

Pittsburgh Plate Glass Co.—Dividend
25c. a share,
Dec. 24 and

payablt
on

Oct.

April 1.
1, last.

Pratt & Lambert, Inc.—Dividend on the common stock
50c. a share to 25c. a share, payable April 1.

decreased from

Pressed Metals of America,

Inc.—Directors recently deferred action on
the payment of a dividend on the no-par common stock at this time.
A regular quarterly of 50c. a share was paid on Dec. 30, last.

Pyle National Co.—Dividend on the common shares ordinarily due for
payment at this time omitted. A dividend of 50c. was paid on Dec. 21,
last, and each three months previously.
Rayonier, Inc.—Directors on Feb. 27 took no action on the payment of a
dividend on the common stock at this time.
An initial dividend of 50c.
was paid on Jan. 1, last.
Red Indian Oil Co.—Directors omitted the dividend ordinarily payable at
this time on the $1 par common shares.
An extra of three cents and a
regular quarterly of like amount were paid on Dec. 15, last.
Reece Button-Hole Machine Co.—Dividend on the $10 par, capital
stock reduced from 20c. a share to 10c. a share, payable April 1.
"

Reliable
'

Stores

on the common dividend deferred on
decided upon by the board.
regular quarterly of like amount were both paid

Corp.—Action

March 14 until such further date as may be
An extra of

Dec.

on

25c. and

20,

a

last.

Ritter Dental Mfg. Co.—No action on the payment of a dividend ordi¬

narily due at this time on the common shares.
of 25c. a share each were paid during 1937.

Four quarterly dividends

Rochester Button Co.—No action taken on the payment of a dividend
due at this time on the common shares.
One of 10c. a share was paid on
Jan.

20, last.

Root Petroleum Co.—Dividend ordinarily due at this time on the

Loomis Sayles Second Fund—Dividend on the common stock reduced
from 25c. a share to 15c. a share, payable April 1.

Mahoning Coal RR.—Dividend of $4

on

Storage & Warehouse Co., Ltd.—Dividend of $1 a

reduced from 75c.

on

share, payable June 1.

share to 20c. a share,

paid

share, payable April 1.

regular quarterly dividend of 24c. a share on Dec. 1, last.

dividend of 25c.

Ohio

Liquid Carbonic Corp.—Dividend
a

a

paid March 21, last, on the $100 par common stock.
with $4 paid on Dec. 21, last, and $1.50 paid on Sept. 20,

North American

the common stock of no par value
share to 12Hc. a share, payable April 25.

Link Belt Co.—Dividend

a

was

compares

the

Dividends of 30c. were paid on Jan. 15, last.

I. B.) Kleinert Rubber Co.—Dividend of 10c. a share on the common
stock, payable March 30c.
This compares with a special dividend of
five cents and a quarterly dividend of 15c. a share paid on Dec. 24, last.

(G.)

was

Co.—Dividend

12He.

New Orleans Cold

1937.

Kaufmann Department Stores, Inc.—Dividend of the no-par common
stock reduced from 40c. a share to 25c. a share, payable April 28.

were

share

a

share to

a

July 1, last.

Kehaha Sugar Co., Ltd.—Dividend of 10c. a share on the common stock,

payable April 1.

4 took no
this time.

share was paid on Dec. 23, last.

a

Naval Stores Investment Co.—On March 1, the company paid a dividend
of 25c. a share on the common stock. An extra of 50c. was paid Dec. 22,

,

share

regular quarterly of 50c.

dividend of 50c.

stock,
■

Co., Inc.—Semi-annual dividend of $1.50 a share on
payable May 15. A dividend of $2 was paid

National Standard

Previously, regular quarterly divi¬

shares.

common

dends of 62 He. a share were distributed.

Interstate Bakeries

Casket

National Malleable & Steel Castings Co.—No action taken on the pay¬
ment of a dividend on the common at this time.
A regular quarterly
.

a

Independent Pneumatic Tool Co.—Dividend of 25c.
March

reduced

Naumkeag Steam Cotton Co.—Dividend of 50c. a share on the common
stock, payable April 8. This compares with $2 paid on Oct. 7 and on

Hygrade Sylvania Corp.—Dividend on the common stock reduced from
75c. a share to 37Hc. a share, payable April 1.,

a

stock

National Enameling & Stamping Co.—Directors on March
action on the payment of a dividend on the common shares at

A

share on the 7 % cumulative
preferred stock, par
100, became payable March 30.
Dividend ac¬
cumulations were recently paid up on this issue.

'

common

March 7 voted to omit the

regular quarterly ot 30c. a share was paid on Dec. 22, last.
Houdaille-Hershey Corp.—Directors on March 16 deferred action on the
class B dividend ordinarily payable at this time.
A regular quarterly
dividend of 37Hc. a share was paid on Dec. 15, last.

stock.
This
quarterly of like amount

the

from

dividend ordinarily due at this time on the $10 par common stock.

par, common

on

share, payable April 15.

National Steel Corp.—Dividend on the $25 par common stock decreased
from 62 He. a share to 25c. a share and became payable on March 31.

Hook Drugs, Inc.—Dividend on the no-par common stock reduced
25c. a share to 12Hc. a share, payable April 1.
Ball

a

Nov. 15, last.

on

'

disbursements of 20c.

Fund—Dividend

share to 10c.

a

the no-par common stock,

ordinarily due during March on the
A regular quarterly of $2 a share was

omitted.

was

,

Investment

from 20c.

Co.—Dividend

Spencer, Bartlett & Co.—Directors declared three monthly
dividends of 15c. a share each on the common stock, $25 par, payable
April 29, May 27, and June 24, respectively.
Previously regular monthly

Hoover

...

(F. E.) Myers & Bros. Co.—Dividend on the no-par common stock re¬
duced from $1 a share to 75c. a share, payable March 28.
/

share was paid March 31 on

a

Hibbard,

-

Telephone & Telegraph Co.—Dividend on the com¬
$1.75 a share, payable April 15.

and 50c. on Sept. 30, last.

Dec. 24 last.

on

and on June

quarters.

Mutual

Hercules Motors Corp.—Directors omitted the dividend due about this
time on the common shares.
A regular quarterly of 25c. a share was

paid

March 9 took no action on the
One of $1.50 a share was

on

stock reduced from $2 a share to

mon

Extra dividends of 35c. in addition to regular
a share were distributed in each of the four

Dec. 1 last.

on

Corp.—Directors

Mountain States

share were distributed.

the no-par common stock.

paid

dividend

Previously quarterly dividends

April 1.

(M. A.) Hanna Co.—Dividend of 12Hc.

common

Products

paid on Dec. 24, last and $1 a share on Nov. 20, Sept. 30
30, last.
■;

Muskegon Piston Ring Co.—Dividend of 25c. a share on the common
stock, payable March 31. A dividend of $1 was paid on Dec 22, last,

a

ordinarily due for payment

-4

Dec. 24, last.

on

Cooperage Corp.—Dividend of 40c. a share on the $3.20
A common stock of no par value, payable April 1.
This
with 80c. paid on Dec. 21, Oct. 1, and on July 1 last.

Haloid Co.—Directors
a

on the $20 par, common
share, payable March 15.

a

the no par common stock re¬
share, payable March 30.

class

of 25c.

stock

Inc.—Dividend

share to 25c.

on

Steamship Co.—Dividend

duced from 75c.

■

a

payment of a common dividend at this time.

Greif Bros.
-

a

Murray Ohio Mfg. Co.—Dividend of 15c. a share on the common stock,
payable April 1. This compares with 30c. paid in each of the four pre¬

Great Lakes

cum.

of

One of 50c. was paid on

Morrison Bond Co., Ltd.—Directors passed the dividend usually due on
the common shares at this time.
A quarterly dividend of 25c. was paid

25c.

Gray Telephone Pay Station Co.—No action taken by directors on March
25, on the common stock dividend norm ally due April 15.
A regular quar¬
terly of 25c. a share was paid on Jan. 15, last.

stock at this time.

Merrimac Hat Corp.—-Directors at their recent meeting took no action
on tne payment or a dividend on the common shares at this time.
One
of 50c. was paid on Dec. 1, last and 25c. a share on^Sept. 1 and on
June 1, last

Motor

Granite City Steel Co.—-Dividend on the common stock reduced from
a share, payable March 30.

_

_

Inc.—No action taken on payment of a dividend on common
stock ordinarily due to be declared.
An additional dividend of 75c. and a
dividend of 25c. a share were paid on Dec. 23. last.

common

the comdividends

...

Cement Co.—No action taken on the payment
common

Mohawk Carpet Mills,

share.

Gorton-Pew

.

Merck & Co.,

divi¬

Jan. 3, last.

,

„

Corp.—Directors on Feb. 26 took no action on the payment of a
dividend on the common stock.
A dividend of 50c. a share was paid on
Dec. 20. Sept. 20 and on June 30, last.
....
;

stock re-

March 7 took no action on the common

on

Jan. 14, last.

on

distributed Jan. 5, last on the common shares.

.

Gilchrist Co.—No action taken by directors on March 16 on the common
stock.
Regular dividends of 25c. a share were paid quarterly from Dec.
24, 1936 to and including Dec. 24, 1937.

Publishing Co.—Directors deferred consideration of dividend
shares until April meeting.
A quarterly of 15c. a

common

paid

was

Mead

share, payable April 1.

a

on

on the common stock
share, payable May 2.

a

McKeesport Tin Plate Corp.—Directors postponed action on the common
dividend at this time.
A regular quarterly dividend of 50c. a share was

General Fireproofing Co.—Dividend of 20c. a share on the common
stock, payable April 1.
This compares with 75c. paid on Dec. 24, last,
and 30c. on Oct. 1 and July 1, last.
General Printing Ink Corp.—Dividend on the common stock reduced
General Time Instrument Corp.—Dividend on the common
duced from 25c. a share to 15c. a share, payable April 1.

reduced from 37He. a

Corp.—Dividend

share to 25c.

McGraw Hill

General Electric Co.—Dividend of 30c.

from 30c.

15

MONTHLY REVIEW

April, 1938]

convertible preferred stock omitted.
was

A regular dividend of 30c.

a

$1.20
share

paid on Jan. 1, last.

Ross Gear & Tool Co.—Dividend of 30c. a share on the no

par

common

stock, payable April 1.
This compares with $1 paid on Dec. 20, last,
and 60c. on Oct. 1, last, and in each of the four preceding quarters.
Rossia Insurance Co. of America—Directors on March 1 took no action
on

the

April 1.

dividend ordinarily payable on the $5 par capital stock about

A dividend of 10c. a share was paid on Oct. 1, last.

Ruberoid Co.—Directors took no action on March 1 with respect to the
.

payment of a dividend in the first quarter of 1938,
was paid on Dec. 20, last.
; - ' ' • -

One of 15c. a sharq

16

REVIEW

MONTHLY

Safeway Stores, Inc.—Dividend of 25c. a share
payable April 1.
A stock dividend of 1-100th of

on thecommon
stock,
a share of 5% preferred
paid on Dec. 15, last, and regular
share were paid on Oct. 1, July l and

stock for each common share held

quarterly cash dividend of 50c.
on April 1, 1937.

was

a

75c.

share to 50c.

a

a

the common stock reduced from

on

share, payable March 31.>

Sharon Railway Co.—Dividend of 50c. a share was paid April 1 on the
common stock and compares with a
regular semi-annual dividend of
$1.25 a share paid on Oct. 1, last.
Sharon Steel Corp.—No action taken
Dec.

on the payment of a dividend on the
A regular quarterly of 30c. was paid on

stock at this time.

common

31;, last.

Shelter Manufacturing

Co.—Dividend

$1

the

on

par,

stock

common

reduced from 12Hc. a share to 7He. a share, payable April 1.
Southern Berkshire Power & Electric Co.—Dividend on the $25 par,
common stock reduced from
75c.
a
share to 45c. a share, payable
March 31.
1

Southern Natural Gas Go.—Dividend

on

the class A stock reduced from

50c. a share to 25c. a share, payable March 31.
Southland Royalty Co.—Dividend on the $5 par, common stock decreased
from 20c. a share to 10c. a share and became payable on March 15.

Spencer Trask Fund, Inc.—Dividend
duced from 15c.

a

share to 10c.

on the $1 par, capital stock re¬
share, payable March 15.

a

Square D Co.—Dividend of 15c.

a share on the $1 par, common stock
payable March 31.
This compares with $1.05 paid on Dec. 24, last, and
35c. oq Sept. 30, and on June 30, last.

St.Croix Paper Co.—Common dividend usually due at this time was
omitted.
A regular quarterly of 50c. a share was paid on Jan. 15, last.
St. Joseph Lead Co.—Dividend on the $50 par common stock reduced
from 50c. a share to 25c. a share, payable March 21.
Standard

Silica

Corp.—Directors took

action at this time on the
An extra of 12c. in addition
paid on Dec. 1, last.

no

payment of a dividend on the common stock.
to a

regular quarterly of 20c.

a

share

was

L. S.) Starrett Co.—Dividend on the no par common stock reduced from
50c. a share to 25c. a share, payable March 30.
State Street Investment Corp.—Dividend on the common stock reduced
from 75c. a share to 50c. a share, payable April 15.

(Frederick)

Stearns & Co.—Dividend of 25c. a share on the common
stock, payable March 31, A dividend of 75c. was paid on, Dec. 27, last,
and 35c. on Sept. 30 and on June 30, 1937.

Sterchi Bros. Stores, I nc.—Directors on March 1, took no action
payment of dividends on the second preferred or common stocks.

on the

Stetcher-Traung Lithograph Co.—Dividend ordinarily due at this time
the common

on

37Hc.

a

share

shares

omitted.

An

of 50c.

extra

and

quarterly of

a

on the payment of a dividend
A regular quarterly of 50c. a share

the common shares at this time.
was paid on Dec. 22, last.

Sunshine
a

Mining Co.—Dividend

share to 60c.

a

on the common stock reduced from 75c.
share, payable March 30.

Superheater Co.—Dividend on the common stock reduced from 25c.
share to 12He. a share, payable April 15.
Taunton Gas Light Co.—Dividend on the $50 par, common stock
duced from $1.50 a share to $1 a share, payable April 1.
*
)
Thermoid Co.-—Directors
due at this time

terly of 75c.

March

a

30c.

dividend

on

paid

was

on

was

paid

on

$2

a

share

paid

were

Standard

a

a

the

on

on

payment

a

on the $1 par common stock
share, payable March 31.

the common stock reduced from 30c.
share, payable April 1.

due at this time

on

a

the payment of a dividend ordinarily
An extra and regular quarterly

on

the common shares.

dividend of 25c. each were paid on Dec. 23, last.

Union Wire

Rope Corp.—Dividend ordinarily payable

stock at this time omitted.

on

the common

A regular quarterly of 31 He.

a

share

was

paid on Dec. 23, last.
United

Carr-Fastener

reduced from 50c.

a

Corp.—Dividend

share to 30c.

a

on

dend of 15c.
-

on

no

action

the common shares at this time.
on

the no-par

common

stock

share, payable March 15.

United Specialties Co.—Directors took
dividend

paid a divi¬
March 31 and 35c. quarterly on July 1, Oct. 1 and on
on

the payment of a dividend
Dividends of 6c. were

the class A and B common shares at this time.
on

these shares

on

common

on

stock at

Dec. 8, last.

United States Leather Co.—No action taken on the payment of a divi"
dend on the 7 % cumulative prior preferred stock at this time.
A divi¬
dend of $1.75 a share was paid Jan. 3, last, on account of arrearages.

Universal Cyclops Steel Corp.—Dividend on the $1 par common stock
reduced from 25c. a share to 12 He. a share, payable March 29.
Upson-Walton Co.—Dividend on the $1 par common stock reduced from
20c. a share to 10c. a share, payable March 21.
Utah-Idaho Sugar Co.—Directors took no action on the payment of a
dividend ordinarily due at this time on the $5 par common shares.
A
distribution of 2c. a share was made on Dec. 31, last.
Victor Chemical Works—Dividend on the $5 par common stock reduced
from 30c. a share to 20c. a share, payable March 31.
Wagner Baking Corp.—Directors at their recent meeting took no action
on the payment of a dividend on the common stock ot this time. Dividends
of 40c. were paid on Dec. 24 and on Oct. 1. last.
(S. D.) Warren Co.—Dividend on the common stock reduced from 75c. a
share to 50c. a share, payable March 28.
Waterbury Farrell Foundry & Machine Co.—Dividend of 20c. a share
on the $25 par, common stock, payable April 1.
A dividend of 50c. was
paid on Dec. 29 last and a regular quarterly of 37Hc. on Oct. 1 last.
Western Electric Co., Inc.—Dividend of 25c. a share on the no par
capital stock
payable March 31.
This compares with 90c. paid on
Dec. 28 last; 75c. paid on Sept. 30 and on June 30 1937.
Western Pipe & Steel Co.—Dividend of 25c. a share on the common
stock par $10 payable April 15. An extra dividend of 50c. and a
quarterly
of like amount was paid on Dec. 30 last.
West Point Mfg. Co.—Dividend of 20c. a share on the new $20 par common
stock payable April 1.
Dividends of 30c. were paid on Jan. 3 last, and
■

passed the dividend due on the
stock, par $1, at this time.
A quarterly of 20c. was paid on
Dec. 28, last.
White Rock Mineral Springs Co.—Dividend on the common stock
common

reduced from 35c. a share to 25c. a share, payable April 1.
Wilson & Co., Inc.—Dividend on the $6 cumul.
preferred stock reduced
from $1.50 a share to 75c. a share, payable
May 2.
Company recently
'omitted its common dividend.
March

2(5.

This

compares with

a

shalfe

9c. paid

on

on

the capital stock,

payable

Dec. 22, last and 6c. on

Sept. 24land June 22, last.
COURSE OF THE STOCK MARKET DURING
MARCH, 1938
,

points,

A combination of disappointment

over

the

course

of trade

and

month

the

stock

The drop in the index of 50

New York "Times" amounted to
fall that for sharpness had not been exceeded

a

by

the

bond market the index of 40 domestic bonds fell 8.30

largest decline

points,

1932.
While
the stock index was at the lowest level since May, 1933,
the bond; average reached a new low since April, 1933.
An
index of 10 foreign bonds declined 6.30 points in March,
representing the

but this

suffered

for which

the

of

May,

since

drop was not representative of the acute weakness
by Austrian, Polish and Czechoslovakian bonds,
market almost ceased to

a

many

war

exist

when

the latest

Europe appeared at the

in

scares

mid-

month.
Stock turnover increased
volume- of

stock

change in March
shares in

prices melted away, and the

as

transactions
was

February.

the

on

New

22,995,770 shares
Bond dealings

as

York

Stock

ary,

which was

Ex¬

against 14,526,094

the New York Stock

on

Exchange expanded from $127,593,000 par value in

Febru¬

low since August, 1928, to $169,432,000.
States Government issues increased to

a new

Trading in United
$15,125,000 from $11,014,000 in

February.
arc

in which

it swung

from last October through February. During that
five-montb stretch the market had found a resistance point
around

84-85

the

level

the

in

index,

and

that

point

was

thrice

proof against the bear market trend, once in Novem¬
ber, and again in December,, and finally in early February.
The

market

hesitated
when
it
reached
that
point on
18, fluctuated indecisively for four days, and then
broke precipitately.

already giving ground when

was

of unfavorable

descended

news

upon

the deluge

it in the second week

If business is to have its usual spring pick-up
activity, the signs of improvement are usually manifest
early in March.
When the evidences of increased forward
in

buying and greater production of materials and equipment
appear, the market proved incapable of extending

failed to
its

February rally.
The price structure was not in ideal
condition, therefore, to receive the news on March 8 of the
failure of

that

Richard Whitney & Co., a Stock Exchange firm
outstanding in prestige if not in volume of business

was

handled.

The

Street's

the

same

decision

the

on

petition of the railroads to increase freight
might have

The Commission authorized freight rate increases

calculated

for

to

yield

more

treatment

generous

Late

an¬

of

March; 11 the Austrian Chancellor, Kurt Schuscli*

on

nigg, announced that he
12

German

retiring from his post; on March
march into Austria, and on

was

began

troops

to

March 13 ^Chancellor Hitler proclaimed Austria an integral

of

part

the

German

accomplished in

a

Reich.

The

bloodless

coup,

placed world chancelleries

and

of

added

alarm.

grave

March
was

17

so

Poland

by delivering
in

severe

its

an

seizure

but,

world

demands

as

to

so,

markets

fuel

ultimatum

Austria

of

even

the

to

to

was

the action
in

a

state

flames

on

Lithuania which

appear

to

preclude

Lithuanian acceptance.
The Government at Kaunas, as did
that at Vienna less than a week earlier, yielded,

however,

to

superior force.

in

the

bear movements in
kets.

Capital

tremendous

enter

npt

These incidents led to

prices of Central
all

fled

volume,

the

drastic decline

European bonds and touched off

but

security

a

of the

from

principal world security mar¬
Europe to the United States in

on

reaching this country it did
•
On the contrary, Euro¬

markets.

joined with Americans in unloading stocks and bonds
New York
markets, while diplomatic tension in
Europe was near breaking point.
peans

in

the

At home, on domestic account, the markets'
^roubles were
aggravated not alone by the growing signs that the
spring
rise in business would fall far short of
expectations, but
also
and

by the deterioration in the position of the railroads
by the activities of the Administration.
In the latter

part of the month the fight in the Senate
Federal

Government

anxieties

which

the

over

The downward

revenue

market's outlook.

the

experi¬

more

The Street had hoped
the carriers' application

by the ICC, but the depths of its disappointment were not
fully revealed until a welter of other news darkened the

mainly by the heaviness

issues,

$175,000,000

around

the basis of 1936 traffic.

on

down

railroad

unex¬

was

rates did not get the attention which it otherwise

enced

of

the

over

great, and the announcement
day of the Interstate Commerce Commission's

The threats which it

sharpest drop since May, 1932.

apprehensiveness

pected Whitney failure

industry in this country and of repeated shocks from
abroad served in March to bring on the
steepest drop in
stock prices since September, 1931.
Bond prices, pulled




of

close

33.94-point decline in September, 1931. The March
decline compared with a rise of 6.19 points in February and
a 0.27-point rise in January of this year.
The low for the
average of 69.70 on March 31 compared with a high for
the Roosevelt recovery of 144.44 on Nov. 10, 1936.
In the

Oct. 1. last.

Weyenberg Shoe Mfg. Co.—Directors

Yukon Gold Co.—Dividend of 4c.

the

at

since the

nually

Dec. 24. last.

United States Graphite Co.—No action taken on the
this time. A regular quarterly of 50c. a share was paid

on

21.66

compiled

received.

United States Foil Co.—No action taken
on

and

The March slump in the
had been in progress

that

worst were those of March 31.
stocks

on

the payment of a

on

The company

Dec. 24.

paid

rallies.

27 trading ses¬

of the month.

on

Union Investment Co.—No action

1937,

March,

since

recession

a

A dividend of

a

share to 10c.

climaxed

The market
action

share was paid on March 31.
Dividends of
March 31, June 30 and on Sept. 30.

Torrington Co.—Dividend
share to 20c.

no

Mining Co.—Dividend

reduced from 25c.

important
the

March

Dec. 23, last.

on

of

prices on the average had been cut in half in the year.
The March 1 prices were the best of the month, and the

Dec. 15, last.

the no par common shares at this time.

Time, Inc.—Dividend of $1
Tintic

re¬

2,

Thompson Products, Inc.-—Directors took
of

a

omitted the dividend ordinarily
the $3 cumulative preference stock.
A regular quar¬

share

a

on

any

In March the stock market broke out of the

(S.) Strook & Co., Inc.—No action, taken
.on

by
nine

in

material check to the retreat.

markets

paid on Dec. 31, last.

were

recorded

were

sions, but these rises were not hearty enough to interpose
any

Schenley Distillers Corp.—Dividend

prices was unrelieved

slope of

Net advances

stituted

fight

to

despair in

the

reorganization bill
was

American

over

was

the Byrnes

hotly waged.

widely believed that the bill con¬
system of government aroused

were
second only to those raised during
the court packing bill a year earlier.
The
business and market circles over the prospect

April, 1938]

MONTHLY

17

REVIEW

for realistic treatment of recovery
problems in

only

was

Washington
speech at
March 23, in which he laid the depressed

heightened

Gainesville, Ga.,

011

by

President

Roosevelt's

state

of industry to "selfishness 011 the
part of a few."
It became speedily apparent that the freight rate increase

Opening
Railroad and Industrial Bonds

Allegheny Corp coll trust 5s. 1944
Amer & Foreign Power 5s...2030
Atch Top & S Fe gen 4s
1995

granted the railroads by the ICC 'would not repair the
damage done to their earnings by high costs and low level

Baltimore<& Ohio 1st
Convertible.4%s

of traffic,

Brooklyn Union Elev 5s
Chesapeake & Ohio 4%s

and

three members

011

March 17 President Roosevelt appointed
ICC

of the

recommendations

pare

special commission to pre¬
immediate legislation by Con¬

as

for

a

Railroad stocks, already at deflated levels, lost onethird of their market value in March and sold down to the

gress.

lowest average levels since August, 1932.
The one positive
contribution by the Administration toward solution of the

depression's

problem—and its

appeared to be lim¬
ited^—was; the introduction in the Senate on March 25 of a
bill

expanding

struction

liberalizing

and

Finance

utility

Corporation

the

the Recon¬
to make loans to industry.
of

power

As to the fluctuations in individual stocks, United States
Steel was at its highest March 1 at 56 and at its lowest

March 31 at

Steel,
at

38, with the close

preferred,

its lowest

95%.

on

the latter day at 39%.

at its highest March 1 at 108%

was

and

March 31 at 124, with the close on the latter day at 125.
Westinghouse Elec. & Mfg. fell from 98% March 1 to 61%
March 31, with the close on the latter day at 63%.
Con¬
solidated Edison Co. of N. Y. dropped from 22% March 1 to
17 March 31, with the close March 31 at 17%.
In the

March

31

1

19% and at its
9%, with the close March 31 at 9%.

at

at

lowest

Balti¬

& Ohio moved down from 9% March 1 to 4 March 31,
with the close on the latter day at 4%.
Chesapeake & Ohio

more

fell

from

37%

March

31

March

1

at

March 2 to 23%

23%.

March 26, with the close

Southern

Railway was at its highest
12% and at its lowest March 30 at 5%, with
the close March 31 at 5%.
at

Bonds of all classes

under pressure in

were

March.

Cor¬

issues sought lower levels in virtually every trad¬
ing session—according to the bond index of the New York

porate

"Times," bonds declined

on

62% Mar.

1

11% Mar. 29
23% Mar. 31

26

Mar.

1

12

44

Mar.

1

23%

67
Mar. 26
75% Mar.
Mar.
110% Mar. 31 120

2

1950

most

The weakness in

bonds

was

pronounced in

the railroad issues, with the average
price of second-grade rail bonds falling to the lowest levels
since 1932.

Less high-grade bonds of all classes have

shed one-third of their market value since
First
Government Bonds

Range for March, 1938

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

Treasury 4%s.

Treasury 3%s
Treasury 4s
Treasury 3%s
Treasury 3%s
Treasury 3s
Treasury 3s
Treasury 3%s._
Treasury 3%s

Treasury 3 Ms
Treasury 3 Ms
Treasury 3 Ms
Treasury 3 Ms.
Treasury

2%sA

Treasury 2%s.rTreasury 2Ms..
Treasury 2Ms
Treasury 2%s._.

Treasury 2Ms
Treasury 2 Ms
Treasury 2 Ms

Last

117.25
108.8

Highest

116.10 Mar.

Mar.

117 ,27 Mar.

31

116.20)

107.17 Mar.

108 ,19 Mar.

111.31 Mar.

113 .14 Mar.

112.1

110.8

Mar.

111 ,27 Mar.

110.20

108.1

Mar.

108 .30 Mar.

108.9

i

108.28
105

107.17

64%

44% Mar. 30

64% Mar.

2

Lehigh Valley (Pa)

30

17

Mar. 29

30% Mar.

3

227

10

Mar. 31

23% Mar.

2

10

81

65

Mar. 31

81

Mar.

1

65

47

27% Mar. 29

48% Mar.

1

28%

15% Mar. 31

22

Mar.

1

15%

10

Mo Kan Tex

cum

1963

cons

5s. .2003

adj 5s.-_.1967

New York Central 3%s
1946
N Y C & St L 4%s series C..1978
N YNH&H 1st ref 4%s._-1967

10

92%

Conv deb 3%s
Warner Bros Pictures 6s

..1952

84

65% Mar. 31

84% Mar.

1

65%

1939

66

63% Mar. 29

68

Mar. 14

63%

88%

68% Mar. 31

89

Mar. 11

68%

Western Maryland 1st 4s-..1952
VOLUME

OF BUSINESS

Month of March

1938

Stock sales—Number of shares
Bond sales (par value)—

$

State, municipal and foreign...
United States Government
Total bond sales..

169,432,000 422,794,000 284,632,000 310,655,000

Stock sales—Number of shares.

..

Bond sales (par value)—
Railroad and miscellaneous

Total bond sales
OF

BUSINESS

Month of March

ON

THE

CURB

1938

Stock sales—Number of shares
Bond sales (par value)—
Domestic

1937

1936

13,040,000

4,629,762

14,275,587

8

$

28,661,000
934,000

Foreign Government

1131350000 861,457,000

EXCHANGE

88,629,000

1,621.000
985,000

652,000

1,044,000

1,705,000
1,237,000

30,247,000

50,493,000

77,756,000

91,235,000

11,523,051

47,913,631

54,765,737

9,780,017

Foreign corporate
Total bond sales
Jan. 1 to March 31—

Stock sales—Number of shares
Bond sales (par value)—
Domestic

?

8

Foreign Government
Foreign corporate.
Total bonds sales

80,390,000 152,981,000 308,394,000 295,756,000

THE MONEY MARKET DURING MARCH,

Outstanding

features

of

the

past month were * the resumption of gold imports from
European centers and the sharp increase in excess member
bank reserves to a level only slightly below the point exist¬
ing at the time of the enactment of the final increase in

requirements.

As

of

March

23, excess reserves
$150,000,000 more than
a month ago, and over twice the amount of the low point
during the summer of 1937.
While this increase was due
in part to a considerable excess of government disburse¬
ments over tax collections, owing chiefly to the redemption
total of

a

$1,560,000,000,

about the middle of March of
an

important contributory

or

$400,000,000 of Treasury bills,
the new policy of

factor was

the Treasury to again permit gold receipts up to $100,000,000

quarterly to enter into the credit basis of the country and,
same

reserves,

reserve

position.

102

102 .30 Mar.

102

102 .2

Mar.

100.30

101 .27 Mar.

100.17

100.10

99.20 Mar.

100 .14 Mar.

99.20

103.7

Mar.

103 .27 Mar.

103.7

101

Mar.

101 .23 Mar.

101

102.20

8

2%s series B

1939-1949
1942-1944

102.12

1

101.13

102.5

101.11 Mar. 31 102.7

1

101.11

9

Opening

Mar.

Range for March, 1938

Closing

Price

Price

Mar. 1

Lowest

Highest

93%

90

Mar.

106%

99

Mar.

Mar.

100

Mar.

Mar. 31

106% Mar.

28

83% Mar.
107% Mar.

82

1957
1949
1957

107%

1952

m%

97% Mar.

109)4 Mar.
50

Czechoslovak 8s

1WK

Mar.

99

Mar.

94

102

Mar.

90

102%
31

102%

Mar.

112% Mar.

iIo~~

98% Mar.
108% Mar.

100

34

27 %
74

23

Mar.

28% Mar. 10

74

Mar.

77% Mar.

92)4

57

Mar.

63

103

Norway 4s
—
1963
Queensland (State) ext 7s—1941

102%
107%

(City) external 6%s..l952
Vienna 6s
1952

97)4

97% Mar.

98% Mar.
102% Mar.

Mar.

25%

25

74

57

■

103% Mar.

7

100

103

2

100%
103%

Mar.

108% Mar. 10

60

Mar,

67% Mar.

1

34

Mar.

83

3

Mar.

60

sum

England, $4,200,000 from India,
$4,200,000 from Belgium, and $4,500,000 from Japan. After
considering the usual acquisitions of newly-mined and scrap
gold, and an additional accession through the release of
$5,800,000 from foreign earmarked gold holdings, the net
gain to the gold stock was limited to about $18,000,000,
owing to sales of gold to foreign accounts, which resulted
in a decline of $17,500,000 in the inactive gold fund.
Gov¬
ernment financing consisted of $250,000,000 of bill issues
and of additional bill sales aggregating $350,000,000 to re¬
place maturities of similar amount. The 3% Treasury notes
falling due March 15 in the sum of $455,000,000 were almost
came

from

exchanged by the issuance of 2%%
Discount holdings of the 12 Reserve banks
again declined from $10,148,000 Feb. 23 to $8,149,000
March
16,
but
subsequently
increased
to
$12,010,000
in

their

entirety

10%-year bonds.

March 30.

Total

Bills bought in the open market remained prac¬

unchanged,

tically

at

the

negligible

figure

member bank reserves increased from

of

$550,000.

$7,240,498,000

$7,311,529,000 March 30. Money rates continued
previous low levels, reflecting the abundance of
available funds in the face of small commercial borrowings,
at

38%

Mar. 10

Gold im¬

of which

Feb. 23 to

78

30)4 Mar.

German (Rep) 7s

103.15

while at

time furnishing gold for export out of the inactive

102.28

Mar.

1938

market during the

money

$11,400,000

100.17 Mar.

8

8

76,488,000 144,378,000 299,100,000 296,793,000
2,026,000
5,726,000
4,020,000
5,892,000
1,876,000
4,583,000
3,465,000
3,237,000

101.30

100.29 Mar.

$

8

74,814,000

1,039,000

>104

102

1935

3,184,671

48,410,000

104 .31 Mar.

103.15 Mar. 31 104.14 Mar.
101.13 Mar. 31 102.14 Mar.




462,935,000 1050940000

VOLUME

103.29 Mar.

104.9

Rome

61,673,795 159,265,706 179.102,685
49,663,714
8
$
8
$
351.392,000 763,453,000 933,889,000 501,496,000
69,051,000 117,069,000 100,724,000 103,795,000
42,492,000 170,418,000
96,737,000 256,166,000

104.25

101.27

8

Jan. 1 to March 31—

ports during the month totaled $24,500,000,

1944-1952

1957

8

gold fund without affecting the

3s series A

New South Wales (State) 5s.

$

126,037,000 266,728,000 212.081,000 163,546,000
28,270,000 30,933,000
30,789,000 33,898,000
15,125,000 125,133,000 41,762,000 113,211,000

107.10

Home Owners' Loan—

5%S

15,850,057

107.8

103.9

1965
1954
1965

1935

51,016,540

102 .27 Mar.

103.24

-

1936

50,346,280

108 .15 Mar.

7

stamped

1937

22,995,770

Railroad and miscellaneous

EXCHANGE

107 .34 Mar.

1

German

ON THE STOCK

Mar.

9

Japanese Govt 6%s.

68%

101.27 Mar.

Mar.

-—1951
-.1941
stamped—1949
(Govt) Internat 5%s

3

Mar. 30

107.10 Mar.

102.20 Mar. 18 103.9

French 7%s stamped

89% Mar.

89

102.25

103.8

Canada (Dominion) 5s

76%

67

Pennsylvania RR deb 4%s..l970

1*0*8*9*

1942-1947

(City) 5s

5%

2

the

Mar. 31 104.10 Mar.
103.24 Mar. 31 104.19 Mar.

Brisbane

1

therefore, to effect the growth of bank

107.8

18%

Mar.

105.26

Mar.

44%

92% Mar.

106.2

106 .24 Mar.

103.9

Belgium (Kingdom) 6%s

5% Mar. 31

Mar.

76% Mar. 31

.

107 .4

105.21 Mar.

104.10 Mar. 19 104.26 Mar.

Austrian (Govt) 7s

22

Northern Pacific 4s.;

Mar.

106.22

104.17

Argentine external 4%s..—1971
Australia 5s of 1925—....-1955

29%

1

105.9

104.10

Foreign Bonds

71

1

87

107.2

104.25

2Ms series G..

2

41% Mar.

Mar. 28

107 .14 Mar.

106.2

1942-1947

2Ms

88% Mar.

Mar. 31

Mar.

107

1944-1949

-

Mar. 31

105.26

1944-1964

3Ms

.

106 .11 Mar.

1948

3s

10

106 .11 Mar.

Federal Farm Mortgage—

3s.

87%

N Y Ont & Western ref 4s..-1992
1997

43%

105 .1

107

4

1

2

Mar.

107.13

•

Mar.

9% Mar. 29

105.22 Mar.

104

-

15% Mar.

66

43% Mar. 31

15%

105.9

Mar.

1

5% Mar.

«.

7%

Kan City Sou ref & impt 5s. .1950

ser

66.

103.28 Mar.

106*8"

-

111

81

reached

Sale
Lowest

3% Mar. 30

1
1

Mar.

71

reserve

Sale
Mar. 1

V5%

12

29

now

January, 1937.

7% Mar. 30

86%

ernment issues

cline from March 22 onward.

.

12.

-

41,

Gov¬

promptly sold off after the Austrian crisis
developed, rallied slightly, and then went into a fresh de¬

<

119%

-

A & B.1947

23 out of 27 trading days—and

government bonds were not overlooked by the sellers.

100

39% Mar. 30

Q 5s

Union Pacific dropped from 80% March 2 to 55% March 31,
with the close 011 the latter day the same.
Southern Pacific

March

39

1

62%

State, municipal and foreign

highest

2

Mar.

25%

United States Government

its

4

Mar.

110

Internat Paper 5s

March

at

45

70% Mar.
57

Mar. 31

100

43%

railroad list, New York Central was at its highest March 1

was

Mar. 31

38% Mar. 30

70%
55%
110

1960

at

18% and at its lowest March 30 at 10, with the close
31 at 10%.
Delaware & Hudson fell from 16%
March 1 to 7% March 29, with the close March 31 at 7%.

45

Mar. 31

Highest

C C C & St L 4%s series E..1977
Erie ref & impt 5s of 1927.-.1967
Great Northern gen 4%s
1977
III Cent St L & N

Tel. & Tel. dropped from 137% March 1
30, with the close March 31 at 111%. General

at its highest March 2 at 169% and at its lowest

was

Closing
Price

Lowest

A-C.1967

gold 4s_1948

ser

1992
Chic Milw St P & Pac 5s A.. 1975
Chic & N W 4%s series A...1949

March 29 at 95, with the close March 31 at

Electric moved down from 41% March 1 to 27% March 31,
with the close on the latter day at 27%.
Allied Chemical &

Dye

Bost & Maine 1st 5s

American

to 111 March

Range for March, 1938

Price

Mar. 1

the

unsettlement in the security markets,
government securities as well as on high-grade
private issues showed a tendency to increase somewhat.
Average yields on three- to five-year Treasury notes re¬
mained unchanged at 1.04%, while those on longer-term
Treasury bonds stiffened from 2.43% to 2.51%. Ninety-onealthough, due to the

yields

on

MONTHLY EEVIEW

18

0.067%

day Treasury bills were sold at average rate of from
to

0.087%,; Oall loans remained at the previous level of 1%.
CALL LOAN RATES ON

THE

NEW

YORK STOCK EXCHANGE

of domestic warehouse credits dropped
$5,000,000.
As compared with a year ago,
total bills outstanding showed a decrease of $94,000,000, the
and bills arising out

additional

an

accounted for by a fall of

largest portion
Low
'

Low

Renewal

High

Renewal

High
1

1

Mar.

1

1

Mar. 17..

1

Mar.

2

1

1

1

Mar. 18..

1

Mar.

3

1

1

1

Mar. 19..

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1

1

1

Mar. 20..

Sunday

1

1
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5

Mar.

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1

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1

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1

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Mar. 24..

1

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1

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*

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1

1

Mar. 26..

1

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Mar.

11.._

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1

Mar. 12...
Mar. 13

»

245

180 Dags
150 Dags
120 Dags
90 Dags
60 Dags
30 Dags
Bid & Ask Bid & Ask
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16.1.

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security collateral showed no change

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previous nominal quotations of 1*4% for 60- and
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tion in the security markets led to the repayment of older

90-day loans, and 1*4% for 180-day loans.

loans, with few new accommodations being sought outside
of the renewal of

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Rates
30 Dags
Mar.

on

Mixed Collateral
4 Months

90 Dags

60 Dags

1-

IX

Mar.

2—

IX

IX

Mar.

3—

IX

IX

IX
IX

Mar.

4..

IX

IX

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IX
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IX
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IX
IX
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Mar.

18..

IX

IX

Mar.

19—

2021

IX

IX

Mar.

22..

IX

Mar.

23-

IX

IX
IX

Mar.

24..

IX

Mar.

25—

IX

Mar.

26-

27—

IX
IX

Sun day

—

IX

IX

felt itself

>;K

IX

IX

IX

IX

IX

IX

IX

IX

IX

IX

here

IX

IX

IX

March

IX

IX

IX
IX

IX

IX

IX

;

-

IX

29..

IX

IX

IX

IX

ix

Mar.

30-

IX

IX

IX

IX

IX

IX

Mar.

31

IX

IX

IX

IX

IX

IX

"'V-

IX

offerings proved insufficient to
Under date of March 11, the Federal

available

commercial

total of $292,600,000 of open-market commercial paper outstanding on
Feb. 28 compared with $299,300,000 at the end of January
and $267,600,000 at the close of February, 1937.
paper

RATES

dealers

FOR MONEY

showed

AT

a

YORK

NEW

Week Ended

Mar. 5

Mar. 12 Mar. 19 Max. 26

Apr. 2

1@1

mi

1@1

K&l

mi

1

i

1

1

1

IX

coll.)..
Time loans (mixed & Indus, collateral):

IX

IX

IX

—

IX

IX

IX

IX
ix

IX

...

IX

IX

IX

IX

IX

IX

IX
IX

IX
ix

IX
IX

IX

IX

IX

IX

IX

IX

IX

Prime 4 to 6 months

1

1

1

vAv-

1

Good 4 to 6 months

1

1

1

l

1

Thirty days

Sixty days
Ninety days
Four months

Five months
_

IX

Commercial paper:

Trading in bankers' acceptances remained inactive, with
available

offerings again falling far short of the existing

demand.

Total

outstanding

acceptances,

to

according to the

until additions to

thereby

$96,611,000 level, and the Treasury was able
reimburse itself for its outlay in buying newly-mined,

raised
to

the

to

The deposits of certificates in
February
combined, owing to the fact that an inward movement of
gold from Europe, India and Japan set in during March.
With Europe *lh the throes of another war scare, the United
States began to draw gold from London beginning March 15
imported gold.

and

scrap

March

were

nearly

as

large as in January and

September.
additional reserves

for the first time since the end of last

the

gold

bought

Treasury

were

the member banks' supply, and as
the gold certificates were deposited the Treasury's deposit
balance was rebuilt.
During the month the Treasury's
balance with the Reserve banks increased $137,196,000 to a

immediately

total of

to

added

Some part of this increase was attrib¬
collections over the quarter date,

$292,237,000.
income

utable

to
ran

Double and single names:

t?

process

by the Treasury from Jan. 1 to March 30 were

cates

which

Six months

23

Feb.

a

gold stock exceed $100,000,000 in any quarter,
the Treasury deposited $45,108,000 of gold certificates with
the Federal Reserve banks.
The deposits of gold certifi¬

As

Week's avge. (mixed & Indus,

part

the monetary

Call loans on Stock Exchange:

Range for week (mixed & Indus, coll.).

in

the sterilization

of

suspension

Reserve Bank of New York announced that returns received
from

30—was

suance

Commercial paper met again with an active call by bank

and

place in the period
from

weeks

five

review—the

under

Secretary Morgenthau announced at mid-February.
In pur¬
of the new sterilization policy, which calls for the

■

r

satisfy the demand.

the long-term

to render" support to

reflection of the deflation in
bank credit, and hence in bank deposits, and in part the
result of the change in the gold sterilization policy which

IX

IX

IX

28—

Mar.

investors,

under

The rise in excess reserves which took

IX

Mar.

—

be

to

government issues.

IX
IX

IX

immediately preced¬

those

of the weakness which developed in the gov¬
bond market and the compulsion which the System

ernment

Satur day

Mar.

Mar.

was

bcause

ing

IX

Sun day

Mar.

For

differed from

month

the

Satur day

Mar.

ix

March

banks

of earning assets and piling up of
the Federal Reserve banks them¬

liquidation

reserves.

excess

kl

ix

IX
IX

YORK CITY

member

Reserve

Federal

.

RESERVE BANKS-

LOANS IN NEW

BROKERS'

the

For

Sun day

/:

THE FEDERAL

OF

RETURNS

IX

IX
•••',

Satur day

Xa9i,

Saturday

Xa7!,

IX

Mar.

- *r

26

IX

Mar.

Xa7it~

—""""

_

IX

IX

IX
IX

ix

9..

-V

28
'

IX

Mar.

'

31

IX

Mar.

■.!*.

27

IX

IX

'

29

IX

IX
IX

Satur day

/5l-

Mar.

/

5 Months

IX
IX
IX
IX

IX

IX

6 Months

:*■

Saturday

20

OF TIME LOAN RATES

'

Sunday

19

existing loans.

DAILY RECORD

■

'■

Sunday

6

7

1

1

■

5

Xah,

Xa7 ie

Xa7!,
Xa71#
Xa7i,
Xa7!,

Xah,

2—
4

■

Sunday
1

Call Loans

March

3—

Saturday

Mar. 28..

Saturday
Sunday

—_

•.

ACCEPTANCES

BANKERS'

PRIME

1

1

Mar.

$62,000,000 in

import bills."

tax

slightly ahead of the collections for March, 1937,
the tax date

and exceeded the Treasury's need for cash over

of the increase
to the shift of
funds from other deposits to Treasury deposits.
Other de¬
posits with the Reserve banks were reduced by $99,539,000
margin.
Another part
Treasury's deposit was ascribable

considerable

by

a

in

the

monthly survey of the Acceptance Analysis Unit of the Fed¬
eral Reserve Bank of New York, were $307,115,312 Feb. 28,

in the five weeks to March 30.

compared with $325,804,395 Jan. 31 and $401,107,760 Feb. 27,

serve

banks

came

from

1937.
Import bills declined from $106,024,634 Jan. 31 to
$96,239,816 Feb. 28; export bills from $82,194,997 to'$77,720,187; domestic warehouse credits from $67,123,043 to
$61,848,117, while domestic shipment bills increased from
$7,832,900 to $7,945,384 and bills based on goods stored in
or
shipped between foreign countries from $59,793,442 to
$60,997,241.
Rates for bankers' acceptances remained un¬
changed at %% bid and 7/16% asked for 30-day, 60-day
and 90-day bills; at 9/16% bid and *4% asked for 120-day
bills, and at %% bid 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 mar¬

for

bankers'

acceptances

"The

discount

market

ket

for

as

follows:

bankers'

bills

continued

ex¬

The

upshot of the shifting about of deposits in the Re¬
was an
increase of $71,031,000 in the actual
reserves of member banks.
The additions to banks' reserves
and

other

the

following

Federal

Non-member deposits
$123,000,000:

sources:

Reserve accounts declined

gold increased $10,000,000; Treasury currency
$15,000,000, and Treasury cash declined $69,000,000,
or
a
total of $217,000,000.
The banks lost reserves by
reason
of the $137,196,000 increase in the Treasury's de¬
posits, the $4,000,000 decline in Federal Reserve credit in
monetary

rose

use

and

total

the

the

losses

$5,000,000 increase in
of

currency

circulation, or

It is a noteworthy fact that

$146,000,000.

amounting to $150,000,000,
the growth in actual re¬
serves.
This showing evidences the fact that deposits of
all member banks were considerably reduced, calling for a
was

expansion in excess
more

than

reserves,

as

large

as

tremely quiet during March, and rates remained unchanged.

decrease

The amount of bills outstanding showed a further decrease

As the stock and bond markets slumped severely, it was
but natural that the long-term Treasury issues would be

of approximately $19,000,000 during February, attributable
in largest part to a $10,000,000 drop in import bills, which
have steadily declined from $167,000,000 outstanding in

May, 1937. to $96,000,000 in February, 1938.
of export

Outstandings
bills also declined $4,000,000 further in February,




affected.

in

twice

required

As

reserves.

the price

of Treasury bonds began to

turn

downward, the Federal Reserve banks, in consonance with
their

latter-day

policy

of

trying

(Continued

on

to

page

stabilize

63)

the

market

RANGE OF BOND PRICES DURING MARCH 1938
Bond Sales

March

Stock Sales

1938

____________________

Jan. 1 to March

1937

$169,432,000
462,935,000

$422,794,000
1,050,940,000

1938
Shares

March

1937

22,995,770
61,673,795

Jan. 1 to March 31

50,346,280
159,265,706

NOTICE—Cash and deferred delivery sales are disregarded in the month's range unless they are the only transactions of the month, and when selling
outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in computing the
range for the year.
•
;.r
i
•••';

The tables

on

embrace every

19 to 40 furnish

pages

March, 1938, and the

since Jan. 1.

range

security dealt in

a

complete record of the transactions
They need

the Exchange.

on

the New Fork Stock Exchange during
they are self-explanatory. The tables

on

extended introduction,

no

as

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

The black-faced letters in the column headed "Interest Period" indicate in each

case

the month when the bonds mature.

In accordance with the rule

adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds
are at a
price to which accrued interest must be added.
The exceptions to the rule are income bonds and bonds on which
interest is in default.
This method of quoting bonds became effective Jan. 2,1909.
Quotations after decimal point repre¬
sent

one or more

32ds of

Sales in

>

N.

Y. STOCK

PRICES IN MARCH

Price
Jan. 3

BONDS

March

Value

point.

a

EXCHANGE

Mat

1938

•5ft.
Bid

Ask

1

Ask Bid

Bid

Ask

RANGE SINCE JAN.

Lowest

Highest

Sale Prices

Sale Prices

Mar. 31

U S GOVERNMENT BONDS
430,000 Treasury 4Kb
Oct 15 1947-1952 A
1,000
A
Registered.....................
233,000 Treasury 3Ks..
Oct 15 1943-1945 A O

116.22 Bale

112.25 Sale

116.20 Sale

107.4

108.8

Sale

107.17 Sale

3,000
Registered.......................
357,000 Treasury 4s........-Dec 15 1944-1954

112" 112*11

1I3"

113.15

llll

113.9

Mar.

11679

110,29

iiui 111731 116:20 Sale"

110.8

Mar. 31 111.27

107.T8

Sale

108.28

Sale"

108:9"

Sale"

108.1

l0i:4"

Sale

105"

Sale"

104*"

Sale"

103.28

loiuo

Sale

106

"

106" 9

105.9

Sale"

10679

Sale

106.8"

Sale

107

Sale

107.13 Sale

107"" Sale"

106:2* Sale"

106 "22 Sale

105.26 Sale

2,000
Registered.........
290.000 Treasury 3Hs.......Mar 15 1944-1956
Registered.......................
43K066 Treasury 3Hs.
..June 15 1943-1947
Registered...............
729,000 Treasury 3s
Sept 15 1951-1955
........

4,000

Registered........

j.

8

M

D

j
m

June 15 1946-1948 j
347,000 Treasury 3s
j
Registered..........

517~66O

treasury

1949-43

15

June

Treasury 3 Ms

d

j

d

M

Registered

I
Dec 15 19494952 j
J
...

108.7

Mar. 11

111.31

Mar. 31 113.14

Mar.

9

112.17

Jan.

Mar.

4

110.8

Mar. 31 111.27

Mar. 31 108.30

Mar.

7

167:18"

Jan.
Jan.

Mar. 31 105.1

Mar.

103.28

Mar. 31 105.1

113.9

13 113.9

Mar.

7

Mar.

5

Mar.

9

Mar.

4

3

108:30"
108.12

Mar.

Mar. 26 104.26

Mar.

104.9

Mar. 26 104.26

Mar.

105.9

Mar. 31 106.11

Mar.

105.6

Jan.

Jan.

I05.26 Sale"

105.22

Mar. 31 106.11

Mar.

9

107.2

107

Mar. 18 107.14

Mar.

9

107.5

Mar. 21 107.5

Mar. 21

106.2

Mar. 31 107.4

Mar.

105.21

Mar. 31

106.11

7
18

Jan.

Mar,

104.9

3
9

19

105:28 Sale"

105:22

Mar. 31

Jan.

19

105.28
Sale

Feb.

14 106.3

Jan.

12

106.30

Feb.

10 107.14

Mar.

166.13"

9

107.3

Feb.

107.5

Mar. 21

3

105.28

Jan.

107.4

Mar.

1

105.19

d

105:22 Bale"

D

105.20 Sale

A

107.4

Sale

107:12 107:25 107.8" Sale"

107:8"" Mar." 31 107:24 Mar."3

........

f

3

a

107.3

Sale

108.9

107.10

Mar. 31 108.15

Mar.

107.30

Mar. 28 107.30

Mar. 28

106.30

101.27

Mar. 31 102.27

Mar.

101.25

102.10

Mar. 12 102.15

Mar. 22

101.24

103.29

Mar. 31 104.31

Mar.

103.25

S

101.30 Sale

Sale

107.10 Sale

162.25 Sale"

161,30

Sale

101.24 Sale

'

Sept 15 1945-1947 MS

103.26 Sale

104:25 Sale"

104""

Sale"

102:1

102:28 Sale"

102""

Sale"

102

100.30 Sale

"Sept'lT19484951

MS

1,066",000

Treasury 2 Ma.

.June 151951-1954

d

650*000

Registered..
Treasury 2H*.

."Sept'lS

1956-1959

m"s 106:30 Sale"

10i.2"7 Sale"" 166:17 Sale""

."Dec" 15"

1949-1953

j"d

96:23 Sale"

iooho Sale"

162:17 Sale"

103:23 104:2

Sale"

160:24 Mar."

7

Jan.

106.24

105.20

106.30 Sale
..Mar 15 1955 1960 M

Jan.

107.4

Jan.

3 105.20
3 107.24

107

Jan.*

108.15

Jan.

108.2

Jan.

102.27

Mar.

Jan.

102.15

Feb.

Jan.

104.31

Mar.

4 102.80

Mar.

1

Jan.

3

Mar.

3

Mar.
1 Feb.

102""

Mar.31 102.30

Mar.

7

101.30

Jan.

100.29

Mar.31 102.2

Mar.

1

100.29

Mar.31 102.2

Mar.

100.17

Mar. 31 101.27

Mar.

1

100.17

Mar. 31 101.27

Mar.

101.6

Mar. 21 101.6

Mar. 21

Mar. 31 100.14

Mar.

100.2

893400 Treasury 2H$.

4

D

Apr 15 19444944 A O

,

Feb.

5

F

............

....

Registered
5,000
717,000 Treasury 2Ms.
Registered..

107.14

Mar.

Aug 1 1941

Registered........
469400 Treasury 3JiS.........
Registered

280,000 Treasury 3 %b.
Registered..
2,000
1,665,000 Treasury 2Hs.

Mar. 11

107.15

8

June 15 1946-1949 J D

Treasury 3Ms

Mar. 31 113.14

117.15
108.19

Mar. 14

Jan.

D
8

..........—........

Mar. 31 108.7

111.31

Mar.

Feb.

107.2

7

d

Mar 15 1941-1943 m

Registered..
1,000
675,000 Treasury i%*

287",000

8

J

3H

Registered...

~7~4~66O

Mar.

Mar. 31 117.27

4

d

M S

:

Mar. 14

Mar. 31 108.19

Sale Prices

116.10
117.7

Mar.

8

J

Mar. 14 117.15

107.17

107.16

Sale"

d

m

Mar. 31 117.27

Highest

Sale Prices

116.10
117.15

Sale

D
d

1

Lowest

Mar. 25 100.9

Mar.

5

99.27

103.7

Mar. 31 103.27

Mar.

9

102.14

Jan.

Mar.31 101.23

Mar. 22

161"**

Mar. 31 101.23

Mar. 19 104.26

Mar.

103.28

Jan.

7
28
1

23
5

Mar." 7

Registered..

Registered..
1,000
1,601,000 Treasury 2Ms.
Registered..
7,000
427,000 Treasury 2H*.
Registered..

445",000

Dec
"

15 1945 J

D

J

1"

Sept

Sale

99.20 Sale

99.20

4

101.6
99.18

1
1

Mar. 21 101.6

Mar. 21

Jan.

Mar.

4

Mar.

5

Mar.

9

4 100.14

Jan. 10 100.9

D

"

Treasury 2%8.

100.31 Sale

15~ 1948

Sale"

10i"

M S

103.7"

Sale" 161

4 103.27

Mar. 22

Registered..
Federal

292,000

Farm Mortgage

3ji8

Corp—

Mar

15 19444964

Registered.....

184*655

3s

155400
1,000
47,000

3s

....

M S

103.10 104

104.25 Sale

103.28 104.16 104.10

loss's Sale"

loiho Sale"

103:9"

Sale"

J*~j 103730 Sale"

104:i7 Sale"

i63.24

Sale

103:8"

Sale"

162:20 Sale"

103.25 Sale

104.9

Sale

103.15 Sale

161725 Sale"

162:12 Bale"

101J3

t02:5"

Sale"

10l7ll Sale""

Sale
Sale
Sale
8

100 %

9

28 104.30

Jan.

19

....

May 15 1944-1949 MN

l0§:9"

Mar.31

loijO Mar"! 163:6"

Mar. 31

i04:i2" Jan:*18

Registered
Jan 15 1942-1947
Registered...

Mar 1 19424 947 m

s

l03:24"

Mar.31 104.19

104.16

.................

2Mb

Mar.

102.20

Mar. 18 103.9

103.15

Mar.31 104.14

101.13

Mar. 31 102.14

8104.16

Mar.

9

103.22

Mar.

8

104.16

Mar.

Mar.

7

102.18

Jan.

27 103.17

Jan.

19

Mar.

8

103.15

Mar.31 104.15

Jan.

19

Mar.

1

I6i:13" Mar.~§i i65:i4 "jan"~ 19

Jan.

27104.26
8 104.16

Jan.
Mar.

19
8

Home Owners Mtge Corp—

412,000

3s Series

596*,000

2M» Series B
Registered...

A
.May 1 1944-1952 M N
Registered.............
Aug 1 1939-1949 FA
....

1,000
475,000

.j...

July 1 1942-1944

2%» aeries G

FOREIGN GOVT. &
\gtii tin ura' Mt^e

j""j 16176" side"

A

........1948 A

O

♦C.td sink fund 6s

14,000

•Ctd sink fund

101.29

6a

Akersbus (Dept) extl

is...
1963 MN
112,000
J
1945 J
66,000 ^[Arktinuuis (Dept of) Col 7s A
•External s f 7s ser B
1945
j
95,000
•External s f 7s sar C
1945
J
23,000
•External a f7« sea D._
1945
J
144,000
•7* i«t series.................1957
O
111,000
♦7s 2d aeries..................1957
O
56,000
•7t 3d series..........
o
....1957
66,000
D
118,000 Antwerp (City) extl loan Be......1958
\igeiitin« Nation (Govt of)—

13

25tf

13

22

5H

sinking fund eiternal
*>'

4M»

cirernal con* loon 4s.

'

f

extl

con*

iur lootuuteu bee page

3d.




loan

.

1971 MN

Feb 1972 f

A

4s...Apr 1972 A O

5
6
5

22

6.

6%
6
6

Sale
6% Sale
6% Sale
6H
11%
6% Sale
5 % Sale
5 % Sale
Sale

5

I

98

96 H Sale
88 m Sale
88 H Sale

23
23

22

100H 101%

.

S

Mar. 25 101.29

Mar. 25

101.29

Mar. 25 101.29

Mar. 25

101.11

Mar. 31 102.7

Mar.

101.6

Jan.

Feb. 25

1

3 102.8

MUNICIPALS

Bank (Colombia»—
........1947 F

37,000

402,000
421,000
247,000

Sale"

Mar.

Mar. 24

22% Mar.

Mar. 14

99H Mar.

Mar.

Mar.

Mar.

6

Jan.

Mar.

Mar.

Jan.

6
6

Jan.

'i

6

.

16% Jan.
17% Jan.
99% Mar.

Mar.

Mar.

6
6

Mar.

Mar.

6

5% Mar.

Mar.

Mar.

Mar.

5

5% Mar.

Mar.

23% Mar. 24
22% Mar. 14
Jan.
102
7 H Jan.
7% Feb.

5% Mar.

6

5

98

95

Sale

90

Sale

90

Mar. 31

84

Sale
Sale

79 %
79

Sale

79% Mar. 31

Sale

79

Mar. 31

94
84
84

Mar.
Mar.
Mar.

Mar.

1%
7

Mar.
5% Mar.
95
* Mar.

Mar.

Mar.

93 %
84

7

2?
10
26

Feb. 26
Feb. 26
Mar.

4

7% Mar. 8
Feb. 26
7
10OH Feb. 25

3

89% Feb.

96% Jan.

a

1

79% Mar. 31

88 % dan

1

79

88% Jan.

3
3

17

Mar. 31

N. Y. STOCK
Sales in

Price

BONDS

March

1938

Foreign Government (Con
July 15 1955
634,000 Australia 5s of 1925
External loan 5s of 1927....—1957
410,000

,

1481.000

1928........1956
s
—...1957
♦Bavaria (FreeState) e*tl6%s—1945
Belgium 25 year external 4HI—W9
External s f 4s
....--1955
External s f 7s
....—1955
Bergen (Norway) extl 5s.....—1960
of
f 7s

External g
310,000 Austrian Govt

I
'

28,000
381,000
220,000
138,000
54,000

8,000 ♦Berlin (Germany) s f *%•
--1950
♦External sinking fund 6s.....1958
25,000
196,000 ♦Brasil (U 8 of) external 8s.....1941
♦Ext • f g *%• of 1926
1957
241,000
♦Extl • f 6%a of 1927
187,000
1957
♦Cent Ry 30-year g 7a
,■(,89.000
--1952
73,000 Brisbane (City) s f 5s...
1957
Sinking fund gold 5s ...——1958
68,000
22,000
20-year • f 6s............——1950

♦Buenos Airs

"~2~, 000
4,000
290,000
158,000
61,000
76,000
8,000

133,000
46,000
324,000

Bid
j

105

M N

100%

Sale

J

J

103

Sale

F

A

22
20%
106% Sale
104% Sale
j D 114% Sale
M S
99% 100%
a o
18
23%
j D
20% Sale
j D
21% Sale
a o
19% Sale
A O
18% Sale
j D
19
18%
M 8
99% Sale
F A
99%
99%
j D 102% Sale

f

♦Secured

s

1975

zl
7%«——1968

loan

Gold

J

D

22%

4s————I960

279,000

30-year gold 5s.......
265,000
10-year 2%s
Aug 15 1945
"312,000
25-year 3%«
1961
201,000
7-year 2 %s
JJJJ
503,000
30-year 3s
—
J967
15,000 ♦Carlsbad (City) s f 8s
-—1954
6,000 ♦Cent Agrlc Bank (Ger) 7s
--1950
♦ Farm Loan s f 6s
30,000
—??—
♦Farm loan s f 6s ——.—.I960
51,000
♦Farm loan 6s series A
1938
55,000
■

>■

76.000 •Chile Republic exts f g 7s
1942
♦External sinking fund g 6s ..I960
182,000
♦External s f gold 6s...—Feb 1961
114,000
172,000
♦Ry ref extl s f g 6s—
Jen 1961
♦Extl s f 6s lnt ctfs
Sept 1961
75,000
♦Extl sinking fund 6s—
.1962
64,000
♦External sinking fund 6s
.1963
68,000
58,000 ♦Chile Mtge Bank of gu s f 6 Hi* -1957
♦Guar s f gold 6%•
...1961
48,000
♦Guaranteed s f gold 6s
-1961
65,000
♦Guaranteed slnklngfund 6s—1962
19,000
1960
94,000 ♦Chilean Munlc Loan 7s
♦Chinese Hukuang Ry 5s
1951

7,000 ♦Cologne (Germany) s ft%« —1950
Colombia (Republic of)—
♦6s of 1928
Oct 1961
254,000
♦Extl s f g 6s
Jan 1961
167,000
5,000 ♦Colombia Mtge Bank 6^s_——1947
♦Sinking fund 7s of 1926
1946
24,000
6,000
♦Sinking fund 7s of 1927—1947
436,000 Copenhagen external 6s
1952
Gold 4%*
472,000
1953
♦Cordoba (City) 7a——
.-1957
♦7s stamped

27,000 Cordoba (Pro?)

19%

Sale
Sale

100

Sale

100

Sale

107% Mar. 17 113% Mar. 11
100% Mar. 25 101 % Mar. 9
20
Mar. 29 22% Mar.
9

——————1957
Argen 7s
1942

7s
—1951
..—1944
13,000 Cuba (Rep of) 5s of 1904
5s ext debt Ser A of 1914——1949
21,000
4
external loan
—.1949
5,000

26,000 ♦Costa Rica (Rep of)

Sale

95%

Sale

102

102%

98

Sale

98

96%

Sale

F

A

J

O

M N
F

65%

Sale

Sale

49

Sale

A

Sale

Sale

£8
M S

36

59
Sale

j

j

26

-31%

A

O

26

A

O

26

33

MN

31%
16% Sale

A

O

16%

F

A

j

j

M S

16%
17%
16% Sale
16%
17%
16%
17%
16% Sale
15%
14%
14%
15%
14%
14%
12
10%

j

20

M S
M

S

MN
j

D

j

D

A

0

M N

D

M

O

J

J

W*

8

A

MN
F

A
d

M N

F

A

F

A

j

...

M

8

f

MX
103
95

102% Sale
23.000
30-year s f 5%s
*'53 j
♦Public Works 5He—June 30 1945 j
71% Sale
657,000
105
1951 a o
361,000 Czechoslovak (Rep of) extl 8s
104
Sink fd 8s ser B
1952
204,000
Sale
105
759,000 Denmark 20-yr external gold 6s .1942
101
101%
External g 5He
1955
426,000
99% Sale
External g 4%«_—
—
1962
646,000
Deutsche Bank Am part ctfs 4a
1932
75
85
♦♦Stamped extd to Sept 1 1935—. M S
5,000
M 8
50
66%
22,000 Dominican Republics f 5He——1942
50
65
1st ser 5 He of 1926
1940 A O
11,000
50
64
2d series sinking fund 5 He—1940 A O
13,000
M S
50
59
Customs Adm 5 He 2e ser——.1961
15,000
A O
50
58%
5%a 1st series........—.—.1969
1,000

Mar.

3

Mar. 10

47

Sale
Sale

Sale

it*

.Mar. 31

52

Mar. 10
2
1

47

Mar.

4

Jan.

33

31% Mar.
32% Mar.
105% Mar.
109% Mar.

53

31%

57% Mar. 31
Mar. 14

7

Mar. 31

Jan.

57% Mar. 31
Feb.

9

29

30%

28

Sale

§r
1 \*

Sale

29% Mar.
14% Mar.
15
Mar.

15

Sale

15

15%
15%

Sale

15

Sale

15

Sale

Mar.
Mar.
Mar.

16

15% Mar.

16

15

12% Mar.
12% Mar.
12% Map.

i8*

13

Sale

35

Mar.

Mar.

11% Mar.

2

7

Mar.

Mar.

101

Mar.

llH

8

Mar.

2

Mar.

38

Mar.

9

Mar.

92*
38

Feb.

Mar.

9

32

Mar.

3

Mar.

32

Mar.

3

32

Mar.

8

Mar.

32

Mar.

8

Mar. 26

Mar.

32%
18%
18%
18%
18%

Mar.
Mar.
Mar.
Mar.

Sale

8

Mar.

98% Mar.
97% Mar.
92% Mar.

102% Mar.

Sale

35

8

Feb.

Mar. 11

Sale

40

3

113% Jan. 20
101% Mar. 8
102% Mar. 7

99

35

7

Jan.

34% Jan.
35% Jan.

Mar.

94% Sale
43%

53

Mar.

8

12

8

Feb. 28
17

110

101% Mar.

12

Jan.

Mar.

Mar.

12%
12%
12%

12
12

109% Mar. 11
9
112% Mar.

98

m

Jan.
Jan.

85

16

Mar. 31

62% Mar.
66
Mar.
49
Mar.

Mar. 31

Sale

101

32%
17%
17%
17%
17%
17%
17%
17%
15%
15%
28
15%
29
15%
28, 14

Feb.

14
8

97% Mar.

16

Mar. 26
Jan.

25

Jan.

25

Jan.

25

Jan.

25
25

Mar.

18% Jan.
18% Jan.

1

Mar.

18%

Jan.

25

Mar. 11

Mar.

16

Feb.

Mar.

2

Mar.

16

Jan.

17
25

Mar.

4

Mar.

16

Feb.

Mar.

1

Mar.

Mar.

1

Mar.

Mar.

2

Mar.

Mar.

1

Mar.

Mar.

1

Mar.

Mar.

1

Mar.

Mar.

1

Mar.

Mar.

1

Mar.

it*

25

Jan.

15
7

Jan.

26

Jan.

24

30

23

23

10%
22%
22

100%

Sale

92%

10

Mar.

15% Mar.
15% Mar.

22

23

Mar.

23%
23 %
101%
100%

22% Mar.
92% Mar.
92% Mar.

' ?Sale

feale

82

21

Mar.

22% Mar.

24

96

Mar. 21

10

Sale
24
24%

22

Sale

Mar. 23

20

10% Sale

101

1
2

Mar. 26

Mar. 24
Mar. 24
Mar. 7
Mar. 3

48%
83%

81

21%
18*
17%
103%
101%
103% 107% 103%
100%
101%
104"" 102%
102
68
76% Sale
85
94%
78
97%
78
105% Sale
101%
102% Sale
99%
101% Sale
97%

49% Mar. 18
82
Mar. 30

Sale

zl02

104
Sale
Sale

50

Sale

Sale
Sale
Sale

Mar.

56

,

23

23%
23%
101%
100%

Jan.

1

82

Mar. 11

76%
98%
97%
105%
102%
101%

101% Mar.
98% Mar.
97% Mar.

17

Mar.

1

Mar.

9

Mar.

9

Mar.

1

Mar.

1

Mar.

1

90% Mar.

7

21

188

17% Jan.
16% Jan.

Mar.

88

104

Mar.
Mar.

10

17

Mar.
Mar.

1

Mar. 10
103% Mar. 14
Mar. 17
105
Mar. 30
102

zl03%Mar.
101% Mar.
102% Mar.
67% Mar.

10

52% Mar.

20

17% Mar.

19% Jan.

92% Mar.
92% Mar
80
Jan
49% Mar.

82

"52% Sale
Sale

Feb.

99%
99%

Sale

32
31%
32
30%
18
17%
17% Sale
17% Sale
17% Sale
17% Sale
17% Sale
17% Sale
16
15%
15%
15%
15% Sale
13% Sale

7

Mar. 15

23

14% Mar. 25

7

10
10

7
10
7

Sale
41%

38

Sale
23
Sale

103%

F

61

88

Mar. 15

Jan.
Jan.
Jan.

11

57%

Sale

100% 100%
96% Sale

15

86

Mar. 31

70% Jan.
70% Jan.
70% Jan.
72% Jan.

53

102

22%
22%
22%

Sale

Mar. 31

79% Jan.

Sale

110

Sale

Sale
Sale

20

19%
19%
19%
Mar. 29 102
Mar. 31 101%
Mar. 31 102%

1
2

Mar. 31

53% Mar. 31

33

15

23%
99% Sale
97%
97%
52%
54
53% Sale

j

MN

36

14%

Sale

Mar. 31

1

Mar.
Mar.

11

53% Mar. 31

52

32%

22

\2X
13

Mar.

__

Mar. 14

Jan.

23

61 %

73

Sale

"18*"

Mar. 29

4
Feb.
9
Feb.
18
Feb.

78% Jan.

Sale

111%
101%

31

Mar.

8
Mar.
Jan. 13
Jan. 15

66% Mar. 22
72% Mar. 3

Sale

107% Sale

"34""

107%
Mar. 17 115%
Jan.
4 102%
Jan. 27
23%
Jan. 24
24

81

53%

Sale

23

Mar. 16

66% Mar. 22
72% Mar. 3
62% Mar.
1

52

109

40

21%

A O

j

Sale

65

31%
32%

Mar. 16 108

66% Mar. 22
72% Mar. 3

60

Sale

108% Sale
112% Sale
100% Sale
100% 100%
99% Sale

Mar. 31

8
5

1

2

18% Mar.

53

74%
Sale
64

62%
62%
60

8

88

Sale
Sale
Sale
Sale

4

105% Feb.

14% Mar. 25

71

69%
69%
69%
72%

11*

M N
A

70
60

53

J

J

70

14%

88
85

80

MN

18

20%
70

J

29 20
31
183
31 183
31 18
29 102
31 101
Mar. 31 102%

Sale

Sale
Sale

3
3

Mar. 14

24

Mar. 21

100%

Sale

85

O

Mar.
Mar.

12% Mar.
10% Mar.
10% Mar.
10% Mar.
97% Mar.
95% Mar.

106

S

19

Sale

70
70

A

Sale

Mar. 16 107%
Mar. 16 107%

9
3

106% Feb.

Mar. 16

102%
107% 102%
112% Sale 111%
101"32101% 100%
21%
23

Sale

Sale Prices

Prices

Mar. 18 106% Feb.
Mar. 18 102
Feb.

Sale

80

.

39"666

1

Highest

Mar. 18

31

82

8

F

1

1

9
8

Sale

M S

M

Mar. 18 106% Mar.
98% Mar. 18 106% Mar.
96% Mar. 18 101 % Mar.
28
Mar. 16
83 % Mar.
Mar.
19% Mar. 31 23

Sale

98%

M

A

f 7s

♦Stabilization

J

Sale Prices

99

Sale

102

107

3% external s f $ bonds..——1984
Bulgaria (Kingdom of)—

Canada (Dom)

102%

21%
24
107% Sale

.............—-

4%a-4%«—
4%-4% $ bonds

Sale
Sale
Sale

j

Extl readjust
s

106%
"5%
101%

Lowest

Hifjhes»

Sale Prices

Ask

Ask Bid

M S

♦6%a stamped
.———1961
Readjustment 4%-4%a
1977
Refunding s f 4%-4 %•
1976
Extl

Sale

104 H
104

«(Prov)ref.ext'l s f6s 1961

♦Stamped

J

Bid

Lowest

Mar. 31

Mar. 1
Ask

M S

6s......----1962

24,000 ♦Budapest (City of)

RANGE SINCE JAN.

PRICES IN MARCH

Jan. 3

exchange

n. y. 8tock

Value

EXCHANGE-BONDS

Mar.

1

Mar.
Feb.

2

28

Mar. 24

Mar. 24

Mar.

7

Mar,

3

80

Jan.

24
20

Jan.

90

Jan.
Jan.

17% Jan.

24

Jan. 31

17

102

Mar.

104

103%
96%
102%
67%

110% Feb. 15

50

Mar.
Jan.
Jan.
Mar.
Mar.

56

Mar

105

102
106

Feb. 23
Mar. 30

Feb.

4

78% Feb. 15
104

101% Mar.
98% Mar.
97% Mar.

Jan.
Jan.

24

25

106% Feb. 14
104

102

Feb.
2
Feb. 25

.

! 5He 2d series..a—
——1969
4,000
1945
15,000 ♦Dresden (City) extl a f 7e
El Salvador (Rep) 1st s f 8s A—1948
♦Certificates of deposit——...
14,000

70,000 Estonia (Republic) 7s....—...1967
112,000 Finland (Rep of) external 6s....1945
-1953
37,000 ♦Frankfort (City of) s f 6He
177,000 F,ench Republic 7%a etamped—1941
7He unstamped
——1941
20,000
External s f 7s stamped——1949
35,000
7s unstamped
—1949
5,000

A

O

50

59

MN
J

J

j

j

M S
M N

j

D

j"d

86%

94

67

Sale

62

Sale

63
60

Sale

60

61

90
60
60
60
51
50

60

62%

50

60%

19

25

34%
99% 100
107
108
21%
102% Sale
92%
98
100

99% 102

24

90% Mar.
Sale

26

60

Mar. 31

67

65

60

Mar. 15

62

Mar.
Mar.

1
1

Sale

60

Mar. 11

63

Mar.

1

65

62% Mar. 14

Jan.
Jan.
Jan.
Jan.
Jan.

90% Mar.

7

67

Mar.

1

62

58% Jan.

62

Feb. 23
Jan. 24
Jan. 15
Jan. 20

51

Jan.

62

Feb. 24

83
57
60
60
55

64

60
61

Mar. 17

3

61

68

59

Mar. 23

60

f 20

20

Mar. 23

21% Mar.

3

19

Feb.

21% Mar.

3

Mar.

7

23

Feb.

30

5

95
Mar. 26 100% Mar.
Mar.
104% Mar. 18
Mar.
22
20
Mar. 17

9

95

Mar.

,,62

li
_

23%

28

QR

100

7

Mar.

23% Mar. 16

106% 107% 105% Sale
19
22%
20'
Sale
100
Sale
99
Mar. 30
107% Sale
90%
96*
96% Mar. 21
107'" 108* al04% Sale zl04% Mar.29
96
99% Mar. 17

24

Mar.

3
Mar. 10

l$LH

9
8

108% Mar. 11
101

Mar. 15

108% Mar.
100

9
Mar. 15

64

100% Mar. 9
108% Jan. 24

104% Mar.
19% Jan.
99

Mar.

22

Mar.

Mar.

8

108% Mar. 11

96% Mar.
104% Mar.
99% Jan.

101

Mar. 15

108% Mar.
100% Feb.

9

1

German Gov't International—

—1965
♦5 He unstamped
—1965
♦5 H> stpd (Canadian holder)—1965
303",666 ♦German Republic 7s stamped—1949
♦7s unstamped
1949
246,000
919,000
100,000

♦35-year 5%s stamped

German Prov &

15,000

Communal

♦7s part

D

25%
21%

AO

30%

20

A.1958
—1964

♦S f secured 6s........———1968
13,000
♦6s part paid...............1968
24,000
7,000 Haiti (Rep of) 6s series A........1952
1946
13,000 ♦Hamburg (State) 6s
2,000 ♦Heidelberg (City) extl a f 7He..1950

O

MN

29%
29

FA

26
22

AO
a

o

J

20

31%

32%

27

26

25%
29%
27%
27%
24%
73%

o

1945

J

J

1946
♦Hungarian Land M.ge 7Hs A..1961

J

♦S f 7He series B
♦Hungary (Kingdom of) 7Hs

M N
F

19

J

6He-_„—1960

.....

—

...

26

87%

J

a

ext

...

27%
22%

30

24
J

paid—.————1964

68,000 Helsingfors (City)

25%
23

Sale
25%

25%
22%

Sale
Sale

32%

Sale

Mar. 30

28% Mar. 10

23

Mar.

22% Mar. 31

24

xvtar.

22% Jan.

28% Mar. 10
24% Feb. 23

34

27

Mar. 10
Mar.
4

30% Jan.
25% Mar.

34% Feb. 23
27% Feb. 25

27

Mar.

8

28

Mar.

9

27% Mar.
25% Mar.

9
5

24%
30%
26%
23%
19%

Mar.
Feb.
Feb.
Mar.
Mar.

Mar. 11

70

Feb.

22% Mar.
8
17% Mar.
1
105% Mar. 11

19

Jan.

104

12

18

...

33%

23

35

30% Mar. 18
25% Mar. 30

25

27

24% Mar.

29%
20

31
29%
22%

18

20

26% Mar.
23% Mar.
19% Mar.

75%

80

76

35

Bks—

♦(Cons Agrlc Loan) 6He eer
♦Greek Govt secured 7s

11*666

M

105

22
19
...

Sale
Sale
28
Sale

.....

5

Mar.

20 V
26
26
21% Mar.
17% Sale
17%
17% Mar.
104% 105% 104% 105
104
Mar.

76

29

Jan.

32% Feb.
30% Jan.
29
27

85

Jan.
Jan.
Jan.
Mar

17% Jan.

Feb.

Mar.

105% Feb.

Hungarian Cons Municipal Loan—

1,000
9,000

20,000
5,000
5,000
210,000
50,000
99,000
416,000
270,000

♦Secured

s

♦Secured

s

f g

7He

f g 7s

♦Extended at 4H% to
Irish Free State external 5s

1961
1944
1979

MN

A

f 6H>

1965

57%

59

Sale

75
62

1954

s

18%
19*

18

19%
19%

17

80

1952

Extl sinking fund 5 He

19

17

113

Italy (Kingdom) external s f 7s. 1951
Italian Cred Consortium 7s ser B 1947

Japanese Gov extl

18

il*

80

18

Mar.

18

4

18

Jan.

17

Mar.

17% Mar. 14

17

Mar.

18% Jan.

11

18

Jan.

18

25

42

Mar.

Mar.

19

Jan.

Jan.

28

18

'54*
116%
79%

Sale

34

37% z42
36

115
Sale

72

Sale

74

Mar.

32% Mar.
116% Mar.

54

Mar.

1

32% Mar. 30
117% Mar. 30

62*

64% Sale

62%

42%

72

Mar.

80

73

Sale

73

Mar.

Sale

56%

Sale

56

Mar.

Sale

73

67
Sale

74

Sale

74

Mar.

75% Mar. 11
6r2% Mar.
i
78% Mar. 26

Sale

57

Sale

57

Mar.

63

37

40

37

Mar. 25

45% Mar.

Mar. 31

43

77
M N

16

!iK

13%

34%

1960

Italian Public Utility s f g 7s

19

23%

17%

Mar.

1

Mar. 10

59% Feb. 16
32% Mar. 30
116% Mar. 12

32% Mar.
114% Jan.
72

Mar.

Jan.

19

56

Mar.

80% Jan.
65% Jan.

82

21
12

72

Jan.

81

71% Feb.

Jan.

4

49% Jan.

64% Jan.

4

37

45% Mar.

1

67,000 ♦Jugoslavia (State Mtge Bk) 7s..l957

A

O

♦Leipzig (City) external s f g 7s_1947
Lower Austria (Prov) 7He
1950

F

A

j

d

j

d

178,000 ♦Medellin (Colombia) 6He
1954
60,000 ♦Mexican Irrlg Assenting s f 4He 1943
*Mexico(U S)external 5s of 1899£ 1945
.

122,000
15,000
1,000

♦ Assenting 5s of 1899
1945
♦Assenting 5s large.............
♦Assenting 5s small.............
For footnotes, see page 30.




MN

Q

.....

22

104%
7%
3%
2%
6

5

J

25

94%

""7%
2%
3%

8
Sale

4%

4

"2%
2%

20

3%

Sale

4

Sale

7

25
....

20% Feb.

Sale

6

1%

2%
2%
Sale
3

2% Mar. 11

1%
1%

22

Feb.

7
25

74%

6

.....

Mar. 25

8% Mar.
2% Mar.

3
1

1% Mar. 29
2% Mar. 24

4% Mar.

1

4

Mar.

1

3

3

Mar. 24

Mar. 24

6

Mar. 31

2

Feb.

15

8% Mar. 3
2% Jan. 12

3% Jan. 25
1% Mar. 29
2% Feb.
8

4

Mar. 24

3

3

Feb.

4% Mar.
4

28

1
Mar.
1
Mar. 24

April, 1938]

n. t. stock exchange-bonds

Sales in

bonds

Value

n. t. stock exchange

206",006
84,000
43,000
12,000
8,000
145,000
202,000
179,000
204,000
418,000
484,000
334,000
33,000
18,000
224,000
51,000
132,000
39,000
7,000

110,000
34,000
37,000
315,000
162,000
95,000
53,000
156,000
9,000
13,000
83.000
44,000
65,000

175,000
132,000
4,000

5,000
215,000
22,000
70,000
81,000
6,000

145,000
47,000

67,000
26,000
32,000
68,000
46,000
1825000

Bid

127,000
236,000
81,000
5,000

Ask Bid

1%

2% Sale

1954

Assenting 4s of 1904.....

Lowest

Highest

Ask

Sale Prices

Sale Prices

Sale Prices

Sale Prices

2%

1

Mar. 29

2% Mar.

1

1

Mar. 29

3

Jan.

8

3

Sale

1

Mar. 29

3

Mar.

1

1

8

Sale

1

Mar. 30

1
4

1

4

2% Mar.
2% Mar.

Mar. 29
Mar. 30

3% Jan.

2%

Mar. 19

63% Mar.

1

Mar.

2

Assenting 4s of 1910 small...
♦♦Treas 4s of '13 assent (large) 1933
♦♦Small

1%

♦Sec extl

s

f

♦Sec extl

s

f

1958 m

634s
634s

1959 m

.........

New South Wales ext s

External a f g 5s
Norway 20-year ext

20-year external

9

55
55
101

External sink fund
s

1957

g 5s

f

a

f 6s.Aug 15 1943

f 6s. Aug 15 1944
1956 m
4%s._—
-

a

Extl sinking fund
48

f

4)(s....... 1965

f extl loan

a

s
o

1963

Municipal Bank ext

s

9£

s

d

1958
s

Sale"

1959 mn

.......

♦Montevideo (City) 7s........... 1952 j
♦6s series a

s

5%

64%

Milan City (Italy) ext loan 6%s__ 1952
Mtnas Geraes (State of, Brazil)—

1970

f 5s

Sale

10%
64%

101%
101% Sale
105?* Sale
106 %
104 %

Oriental Development 6s
External deb 5 hi
Oslo (City) 434 a extl

1953 u
v

s

1958 mn

Sale
Sale

102% 103
102% Sale
10 2x 104%

sink fund. 1955

a

o

Panama (Rep) external
♦Extl a f 5s ser a

5k«
1953 J d
May 15 1963 m n
♦Stamped (assented).......1963 mn

♦Pernambuco (State of) 7s......1947 m

s

♦Peru (Rep) Sec s f g 7s.. ......1959 m s
♦National loan ext a f 6a
1960
♦National loan ext

s

f 6s

1961

♦Poland (Rep of) g 6s
).
1940
♦Stabllis loan 7s of *27. Oct 15 1947

♦External

s

f 8s

1950

♦Porto Alegre

(City of) 8s.......1961 j d
j
7%s
....196b j
Prague (Greater City) 7Hs
...1952 mn
♦Prussia (Free State) ext sf 4%—w51 m s
♦Extl loan

♦s f gold 6a

1952 a o

Queensland (State of) ext s f 7s—1941 a o
25-year extl s f 6s
Feb 15 1947 f a
♦Rhlne-Maln-Danube deb7a

ear

a1950 m s

♦Rio de Janeiro

(City of) 8s.....1946 a o
♦Extl sec 634 s.
1953 f a
Rio Grande do Sul (State of)—
♦8s extl loan of 1921..........1946 a

Sale

1968 j

♦7s Municipal loan

1967 j

Rome (City) external 8 f 4kb

"35% "40""
9

10%
11%
15%
9% Sale
9% Sale
65% Sale
©
80% Sale
59% Sale
10

11

1953 I

J

20
61

6%
37%
100

9
11

81

6% Mar. 29

10% Feb; 26

7

11
61

Mar. 30

Mar. 30

Sale

Mar. 18 103%
Mar. 19 103%
Mar. 18 106%
Mar. 18 107%
Mar. 18 106%

Mar.

Mar. 10
Mar.
2

38%
37%
97%
98%
103%

Mar.

104

Sale
Sale
Sale

ftE

Mar. 31

9%

10%
98%

98

21

21% Sale
21% Sale

20% Sale
108

Sale

107% 112
24
36%

10% Sale
Sale

69

1936 j

20

10%
8%

11%
9%
15

9%

9

9%

9
10%
67% Sale
27% Sale

20%

19

10

12

6
6

Sale

j950 j

14%

60

Sale

27

Sale

10%
25
12%

j

12

12

♦6s extl Dollar loan

10% Sale
38% Sale

......1968 j

j

♦sf g 634s

Serbs Croats & Slovenes

1945 j
Decl946 j
(Kingdom)—

d

23%
23%

d

Sale

32% Sale
59% Sale

sec

extl.........

...1962 MN

.33.000

Tokyo City loan of 1912
External

23
101

a

55%

1952 M s

5s

j

48%

f

5%a guar
1961 A O
82,000
39,000 TTrondhjem (City) 1st ext g 5%s.l957 MN
♦Uruguay (Rep) external a f fa..1946 p a
19,000
♦Ext s f 6s
1960 mn
87,000
♦Exter a f 6s
1964 MN
24,000
3%-4-4% % extl read]
1979 MN
189,000
4-4%-4%s extl read)
...1978 f a
37,000
j
334s External readjustment... 1984 j
a

Venetian Prov Mtg Bank 7s.....1952 a

Vienna (City of) 6s

o

1952 MN

♦Warsaw (City) external 7s
Yokohama (City) extl a

...1958 F

f 6s......1961 i

Feb.

Sale

46% Mar.

4
4

41

Mar.

4

9

Mar.

1

10% Mar.

4

11

Mar.

2

11

Mar.
Mar.
Mar.
Mar.

Mar. 18

9%
11%
11%
11%
67%
82%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10
8
8
19
6

Mar. 18

62

Jan.

6

Mar. 25

20

11%
10%
98%
22%

Jan. 10
Jan.
7
Feb. 14
Mar. 10

27

23

Mar.

42

7% Mar. 25
5% Mar. 31

9% Mar.

4

81

9

Mar. 10
1

65
19

23

Mar.

9

102% Mar. 18 108% Mar. 10
103% Mar. 19 109% Mar. 3
27
Mar. 5 31
Mar. 15

19

Mar.
" Mar.
Jan.
Jan.

102% Mar. 18 108% Jan.
103% Mar. 19 109% Jan.
25

52

101
50

Sale

9

21
19

7

31

Mar. 15

12

Jan.

2

5% Mar. 30

10% Jan.

Mar.

2

7% Mar. 28

13

9% Mar.
9% Mar.

8

6

8

5% Mar. 31

10% Jan.
10% Jan.
10% Jan.

8
11
11

10

7% Mar. 28

13

Mar. 17

9% Mar.

9

Mar. 11

Mar. 26

Mar.

2

1

8
60

Mar. 18
Mar. 18

73

Jan.

Mar. 11

27

Mar. 11

38

Jan.

19
5

11% Jan.
10% Jan.

7
11

67% Mar.
29

Jan.

9% Mar. 21
5% Mar. 31

9% Mar. 21
9% Mar. 10

8% Feb. 16
5% Mar. 31

14% ...
8% Sale
6
10%
5%
8

14% Mar. 29
7% Mar. 30

15% Mar. 16
8% Mar. 28

13% Feb. 10
7% Mar. 30

26

20%

Sale

9
9

Mar. 30
Mar. 19

12

13% Jan.

10

13
Jan.
11% Jan.

24% Mar. 30

47% Jan.

7
4
4

1

9

2

9

24% Mar. 30

38% Mar.

1

Mar. 22

26

Mar.

4

24

Mar. 18
Mar. 18

33% Mar.
33% Mar.
59% Mar.

8

20% Mar.
20% Mar.
41% Mar.

11

23

Sale
Sale

Sale

Mar. 17
Mar. 22

28

Mar. 18
Mar. 23
Mar. 29

42%
50%
53% Sale
100
100%

104%

Mar. 31

Sale

2
1

Mar. 22

Mar.

9

60

Mar. 11

50

Mar.

60%

Mar. 10

Mar. 16 101

Mar.

2

16% Feb. 23

Mar. 30
Mar. 19

Mar.
Mar.

24%

21
46

54

Sale

31
30

7

6% Mar. 26

Mar. 26
Mar. 30

al01%Sale

59

31
30
31
31

Mar. 18

_

98

Mar.

22% Mar. 10

27

11%
5% Sale

28
105
57

19 104% Jan.

Mar. 31

1

Mar. 18
Mar. 11

7

Mar. 11

32

3

Mar. 18

16

Mar.

42% Jan.

24

♦7s

b

100

60% Mar.

8

14

Feb.

4

Mar. 18

60
z27

Feb.

Mar. 24

4

2

Mar. 26

in

3

19
Jan. 28
Feb. 15
Jan.

Mar.

7

5% Mar. 31

10223s

Feb.

Mar. 10

46% Mar.

Mar.

6

12

4
10

41

30

32

ser

51

Jan.

Mar. 12
47% Jan. 12
96% Mar. 18 103% Mar. 9

Mar.

Mar. 30

103$

31

Jan.

57% Jan. 20

Mar. 18
Mar. 19
Mar. 18 107
Mar. 18 107%
Mar. 18 106%
Mar. 18 104%
Mar. 18 103%
Mar. 3
Jan.
Jan.

65% Mar.

42

Mar. 26
Mar. 28
Mar. 30

29%

30

♦8s secured extl..............1962 MN

♦Silesia (Prov) extl sink fund 7s. 1958 j d
♦Slleslan Landowners Assn 6s
1947 F a

20

44% Mar. 18
60% Mar. 18

Sale

6

♦7s extl Water loan........... 1956 m s

Sec big 7s_..................1940 a o

31
30
31
31

99%
99%
98%
102%

5%
7%
7%
7%
44%
60%

8%

7%
11
4%
6
5% Sale
4%
11

29%

10

j

♦8s external

Mar.
Mar.
Mar.
Mar.

65

y

9

5%
7%
7%
7%

Mar. 31

20% Mar. 28
19% Mar. 18

San Paulo (State of)—

♦♦8s extl loan of 1921

43% Mar. 23
32

9

Mar. 18 102% Mar. 16

70

107% Sale
103% Sale
105
Sale
109% 112
32
23
36%

8

21% Mar. 7
62% Mar. 11
57% Mar. 12

Mar. 18 103% Mar.

102

24

8%

10%
9% Sale

8

8
6%
5% Sale
63

Sale

11

9%

Sale

47% Sale

10%

95%

Mar. 19
Mar. 29

7% Sale
7% Sale
48% Sale

7

Mar.
2
Mar. 18 104% Mar. 12
Mar. 18 103
Mar.
2
Mar.
3 102% Mar. 24

Sale

57

55

Feb.
8
Jan. 20

Mar. 10

5% Sale

Sale
Sale

67

Mar. 17

Sale

.....

3

Mar. 19

Mar. 28

56%

Sale
12

8

57

Mar. 26

"22""

60% Sale
9%
9%

Mar. 29

7%

Sale

Sale

4

13

Sale

100%
105%
106% 105%
106
101%
104% 101
Sale
100%
103
102%

2% Mar.
Feb.

2% Feb. 28
3% Jan. 18

45
Sale

Sale

10% Sale
10%
11
65

2% Mar.
57

Sale

Sale

20%

d

f............1952 mn
♦634« extl secured s f-_........1957 mn

102%
106%
106%
105%
103%
102%
102%

50
Sale

7
37

101% 105

1952 a o
1959 f a

♦88 extl secured s

9%
10%
9% Sale
55%
103

5%

57% Sale

102% 103% 102% Sale
40
47
40% 47
34
Sale
40
Sale

1966 mn

♦Roumanla (Kingdom of) 7$__

Sale

56% Sale
101% 103%

d

♦6s extl

63%

"l

6

55% Sale
101
103%

o

s f g
♦7s extl loan of 1926

60

3

60

♦Nuremberg (City) external 6s.. 1952

Sydney (City) s f g 5ka__
...1955 f
Taiwan Elec Pow 5Ks..........1971 j

12,000
93,000

Bid

Highest

♦

167,000
143,000

194,000

1

Lowest

♦Assenting 4s of 1910 larfs

♦

♦Saxon State Mtge Inst 7s...

3,000

Ask

Mar. 31

1954

♦Saarbruecken (City) a f 6s
Sao Paulo (City of)—

1,000

Mar. 1

1938

(Continued)

♦4a of 1904

122,000
96,000
58,000
3,000

RANGE SINCE JAN.

Jan. 3

foreign gov't (Conclude*)
Mexico

PRICES IN MARCH

Price

March

21

25

Feb.
Jan.

18
10

24% Feb. 19
26

Mar.

4

33%

Mar.

8
11
18
22
3
11
2

33% Jan.
60% Jan.

Feb.

28

Mar.

104% Feb.

99% Mar.
48% Jan.

60

Mar.

40

50

Mar.

Feb.

Mar. 10
Feb.
2

47% Jan.

53

41

Sale

Mar. 31

50

Mar.

1
8

48

51

42

Sale

Mar. 31

51% Mar.

2

42

48

51

42

Sale

Mar. 31

51

Mar.

2

42

Mar.
Mar.
Mar.

40

Sale

Mar. 31
Mar. 31

50% Mar.

2

40

Mar.

Mar.

2

39% Mar.

50

40

Feb.

42% Feb. 11

49% Sale

46%
39
65

49%' 39% Sale
44%

80

85

99% 100

A

58% Sale

d

60% Sale
ft

•

77%
59% Sale
65

Sale

—

50

40
77%
Mar.

100% Mar.
41

8*
§*

Jan.
Jan.

19
10

Jan.
Jan.

8
8

Mar.

2

Mar.

3

34

Mar. 18 100

Jan.

46"

Sale

40% Mar.

59% Mar.

1

62

Jan.

Sale

40% Mar. 17

57

67

65

1

53% Jan.

65

Feb. 25

Mar.

1

93% Mar.

5

37% Mar. 31
90% Mar. 28

34

83

Mar.

Mar.

11

13
6

_

railroad and industrial

companies.

91,000
20,000
8,000
81,000
26,000
4,000

106.000
9,000

3,000

167*.606
58,000
8,000
557,000

66",665
22,000
75,000

d

53

37 j

Sale

Adams Express coll tr g 4s......1948 m s
Collateral trust 4s of 1907..
1947 j d
f a

90

93%

90)

Sale

90

92

90

Sale

100
70
100

Sale
78

37
90
90
100
75

108

100

97

103

♦{♦Abitlbi Pow Ac Paper 1st 5s...1953

j

434s stamped.................1946

Adriatic Elec Co external 7s.....1952 a

d

1943 j

98% 103%

o

AlaGt Sou 1st cons 5s ser a......1943 j

d

First

cons

4s series b

Sale

82

112%
103%

Albany Perfrated Wrap Paper 6s. 1948 a o
6s with warrants assented.... 1948

57
67

Albany 8c Susq 1st guar 3 Ks. ...1946 ao
Allegheny Corp coll tr conv 6a..1944 f a
Collateral and convertible 5s ..1949 j d

92%

♦Collateral Ac convertible 5s...1950 a
♦5s stamped

a Ills-Chalmers

Mfg

conv

American Ice

s

f deb 5s

.....

1953 j

s
d

5k«—1949 mn
j
Corp conv a%«—1949 j

American ig Chemical
Amer Internat

53
94

Mar,

4 101

Mar,

5

78

Mar, 24 100
Mar, 18 102

35% Mar. 18

2
2
Mar.
5
Mar. 24
Mar.
8
Mar.
Mar.

40
40

Mar. 10

90
99
75

Jan.
Jan.

62% Jan. 11
95

Jan.

26

7

94% Jan. 14
20 101% Feb. 28
Mar.
5
78
Mar.
5
100
Mar. 24 105
Feb. 28
Mar. 18 103% Jan.
96
6
Jan.
4
35% Mar. 18 54
39
Mar. 10
Jan.- 5
57
90
Jan. 18
90
Jan. 18

Mar. 10

Mar.

8

Mar. 31
Mar. 30

70% Mar.

4

45

12

64

Mar.

3

44

67% Jan.

Sale

25

Mar. 31

45

Mar.

25

18

Sale

18

Mar. 31

38

Mar.

2
2

Mar. 31
Mar. 30
Mar. 31

Jan.

Sale

45
44

18

Mar. 31

38

14
9
2

152"

72
Sale

94%

80

Sale

80

80

Sale

Sale

2
9

80

96

106% Mar.
87% Mar.
86% Mar.
105% Mar.

8

84

96

Mar. 31
87
Jan.
Mar. 31 105% Jan.

Mar. 3
Mar. 2
Mar. 17

35

Mar. 23 100

83%

a

s

31
28

39

Sale

4s......1952 m s

1955 m
Amer 8c Foreign Power deb 5s...2030 m

45
25

Sale

Alpine Montan Steel 7s

Sale

Sale

Allegh Ac West 1st g gu 4s........1998
4s
.....1942 m s
Allied Stores Corp deb 4k>.....1950 a o

16,000
395,000
2,000
257,000
33,000

45

Mar

86

Sale

o

ai leg Valley gen gu

983,000

50

Sale

.............1950

4ks debentures..............1951 f

35
30
62

Mar

Mar, 23

Sale

98

103

56% Sale
96

99

103% Sale
95

Sale

96

55% Sale
92
95%
104% 104%
92% Sale

26%
39

102
80

Mar.

80
96

Mar.

Mar.
Mar.

35% z32% Mar. 23
Sale

95%
99%
99% Sale
86

38% Mar. 30

95% Mar.

2

93
57
96

99% Mar. 31 104% Mar.
86
Mar. 29
92% Mar.

102

8
1

76

H*

Feb.

Mar.

Mar. 29 109
Jan.
Mar. 31
92% Jan.

7

15
14

6

Feb. 11

38% Mar. 30

58% Jan.

15

95

99

22

Jan.

31

Jan.

99% Mar. 31 104% Feb. 17
86
Mar, 29 98% Jan. 22

Amer Tel 8c Tel—

430,000
871,000
568,000
26,000
38,000
664,000

162,000
8,000
17,000
376.000
166,000

20-year sinking fund 5k>
1943 mn
334s debentures..............1961 a o

334* debentures..............1966 j d
j
♦Am Type Found s. f. debs 2%-5s_1950 j
Amer Water Wks Ac Elec 6s ser a.1975 mn
Anaconda Cop Mln s

a

o

f deb4%s ..1950
AngloChtlean Nitrate—
♦Sinking fund Income deb.._.1967 Jan
tAno Arbor 1st g 4s...
July 1995 q j
Ark Ac Memp Bdge Ac Term 1st 5a.1964 m s

(Del)—.1955 f a
(Del).........1957 j j

Armour At Co 4s s f ser b

1st m l f 4s ser c

For

footnotes, see page 30.




113% Sale
101% Sale
101% Sale
103
94

109

104

Sale

93%
96
104% Sale

104% Sale

31
42
88

86% Sale

Sale
99% Sale

100%

100

106

29
35

Sale

98

28%
35
93
86%

112% Sale

87

103% Sale

Mar. 21 106
Mar.
Mar. 30
95% Mar.

103% Mar. 28 105

~

Mar. 17

3 113% Jan.

Mar. 31 102%
Mar. 31 101%
Mar. 21 107
Mar. 30
97

102% Jan. 26 105

20
Mar. 17

Feb. 26
10
Feb. 19
Jan. 13
Jan.

25% Mar. 31

29

Mar.

25% Mar. 31

31

Jan,

32

Mar. 18

36

Mar. 12

32

Mar. 18

41

98

Mar.

Mar.

98

Feb.

7 100

Sale

89% Mar. 30
89% Mar. 30

88

Jan.

4

95

Feb.
2
Mar. 7
Jan. 10

86% Jan.

3

94% Jan.

25% Sale
32% 39

90% Sale

90

92

89% Sale

Sale

99
87

Jan.

100

Sale

39%

Sale

112% Mar. 28 113% Mar.
100% Mar. 31 102% Mar. 17
99% Mar. 31 101% Mar. 11

1 100

92% Mar. 23
92% Mar. 24

5

10

Cy

22
Sales in
March
Value

N. Y. STOCK

5s'

BONDS
N.

Y. STOCK EXCHANGE

il

Ask

Bid
110

No*

109 % Sale
103
103%

M N

102% 103%

1995
Adjustment a 4«_
-July 1 1995
Stamped 4a..........July 1 1995
Con? g «a of 1909.............. 1955

Con? a 4a of 1905.
!—195P
Con? 4 4a of 1910..—......
...I960
713,000 ""Coo? deb gold 4%a——....1945
------

37,000
11.000
71,000
:
------

Ask Bid

Topelca & Santa Fe—

Gen g 4a

A

O

i

J

I

j

r

D

Rocky Mt dl? lat 4a A
1965
Trana-Cont Short Line lat 4a 01956

J

2

Cal-Arlz lat ft ref 4Ha aar A —1962

m

194*
A.. 1944
lat 30-year 5a aer B
—.—1944
At! Coaat L lat cona 4a
-July 1952
General unified 4%« aerlea A--1964
10-yr coll tr 5s.
..May 1 1946
L ft N collet gold 4a—Oct.. 1952
Atlantic ft DanylUe lat ft 4a
1946

9,000
42,000
168,000
18,000
11,000
71,000
53,000
22,000
second 4a..
1946
62,000 At! Gulf ft WI SS Line coll tr 5a.l95V
12,000 {♦Auburn Auto'blle con? deb 4J4a *39
11,000 Auatln ft NW lat g5f guar
1941

10,000 Baldwin Loco Wka 5a atpd
..1940
364,000 oalt A Ohio lat g 4a
July 1946
679,COO
Refund ft gen 5aaer A.....
1995
447,000
lat gold5a
....July 1946
816,000
Ref and gen 6a, aerlea C....... 1995
192,000
p L B ft W Ve Syaref g4a
1941
i
318,000
Soutbw Dl? latSHa at 5%
195t
53,000
Tol an Dl? lat & ref 4a aer A..1959
473,000
Refunding 5a aerlea D.
2000
2,287,000
Con?g4%«—.
I960
742,000
Ref & gen 5a aerlea F..........1996
36,000 Bangor ft Arooatook BLR lat g 5a '43
32,000
Conrefmtgt gold4a— -...—.1951
97,000
4a atamped
—1951

J

105%
100

J

Atl Knox Ac No lat g5a....
Atl & Char Air Line lat 4%i

107

L

J

e

106#

—^
iii%
113

102
Sale

104%

m

J

J

116
100

J

J

104% 106

J

M

J

D

95

3

L

M N

p

UN
J

J

29

J

J

26
58

J

J

J

J

J

l

M N

IS*

Sale
Sale

A

0

Sale

J

D

Sale

J

78

59% Sale
59%

"37%

Sale

31% Sale

—

38

Sale

112

Sale

105
108

109

"93"

88

100

44,000

43,000
23,000

13,000

414,000
353,000

♦Berlin City Electric deb 6%«—195)
♦Deb linking fund 6%• ......195*-'

....1956

22%

23%
23%

18

24

1943

'Debenture 6a

Berlin Bloc Ele? ft Undgrd Rye—
6 %8
.—1956

D...1960
B—
1966

Bethlehem Steel 4%• aerlea
Cona mtge 3%s aerlea

794,000
3%a 8 f conv debs
3,060 Big Sandy Ry lat mtge 4a....
281,000

117% 117%
127%

103^
flH

Bel?ldcre Del cona gtd g

1952
1944

Boston ft Maine lat 5a aer AC... 1967

A

O

J

J

A

O

A

J

D

M S

A

43

A

J

io8~ :::::

O

F

100% Sale
92% Sale

M N

70,000

I

10,000 Brooklyn City RR lat 5a
1941
195,000 Bklyn Edison cona mtge 3%e—1966
630,000 Bklyn Manhattan Transit 4%»— 1966
Bklyn Queens Co ft Sub gtd 5a.. 1941
la> Sa atamped
1941
34,000 Brooklyn Union El lat 5a
1950
188,000 Brooklyn Union Gaa Co lat g 6s.l94!
99,000
lat lien ft ref 6a aar A......... 1947
60,000
Debentures gold 5s
1951
83,000
lat lien ft raf 5s aerlaa B
196?
35,000 Brown Shoe a f deb 3%*—1950
...—

—

...

.........

36,000

t uttalo(,en

Elec 4ser B

..I'M

M N

M N

Sale
Sale
12
44

103% Sale
50

to N

44%

J

Sale

82*

28

30

55
Sale

83

'88

......

...

...

......

♦Mobil* Dl? 1st

r

5a

.

194*

..

28,000 Central Foundry 1st mtge 6a
5,000
10,000
143,000
i
20,000
5,000

1941
...1941

General mtge 5s.........
Cent Hudson G & E 1st & ref 3%s '6ft
Cent III Elec ft Gas lat 5a
1951
Central Illinois Light 3%a
1966
}♦Central New Eng lat guar 4a.. 1961
78,000 Central of N J gen g 5s.
i—193)
50,000
General 4a
193)
179,000 Central N Y Power 3% 8
1962
355,000 cent Pac 1st ref gu t 4a
.194
Through St L lat gu g 4a
195?
185,000
Guar 5s
196*
**Cen RR ft Bkg of Ga col tr 5a.193)
1,000
5s extended to May 1 1942
3,000 Central Steel 1st sink fund 8a...194)
162,000 Ortafc-teed Prod a f g
A.
1943
562,000 Champion Pap & Fibre deb 4% a. 1950
98,000 Chea a Ohio lat cona g 5s
1939
119,000
General gold 4 %•
1992
161,000
Ref ft Impt mtgu 3%r aer D—1996
126,000
Ref ft impt mt«*e 3%a aer E—..1996
Craig Valley lat g 5a
..May 194t
Potta Creek Br lat 4a........ 1946
6 000
R ft A Di? lat con g 4s
1989
2d con gold 4a.............1989
Warm Springs Valley lat g 5s .1941
...

.

...—

......




14%

Mar. 30
Mar. 22

50% Mar. 30
15% Mar. 28
81% Mar. 10

99%

Mar.

44%
17% Sale
40% Sale
18
Sale
32% Sale

39% Mar.
15% Mar.

37

55

27

\VA

Sale

40

Mar.

17

Mar.

32% Mar.
26% Mar.

9

85%
Sale
61

97

J

J

101

J

MN
J

L

107
80
56

1

95

Mar.

101% Mar.

4

99

Mar.

105

Mar.

2

95

Sale

99% 107
40

95

Sale

88%
107%

Sale

43% Sale
42%
36%
9%

sit*
M

41

27

116% Mar.
126% Mar.

Sale"

27% Mar. 19

Sale

26

33

166%

Sale

92%

Sale

82% Sale
104% 106

23% Sale
22

22%
5%

28

Sale

Sale
41

68

73

101% Sale

23%
27
22%
5%
39
102%
35%

26% Sale
40

Sale

112% Sale

124%

Sale

121
74

112

my'

188

Sale

Sale

Sale

101%
114%
101%
95%

Sale

71% Sale
26
23%
63

10%

12%

10%

A

t
C

J

D

J

J

J

6

J

*

A*

6% Sale
12% 25
23

6

J

S

14

9%

S

55
106
98
107

O
J

A

nH
25

J

22%

"69>i
107
Sale

"Si"'
Sale
29

97% Sale

Sale

20
50
Sale

A

71

V

M N

Sale
93
90

to N

116

123

M

F

S

59%
105%
105%
119%
95%
95%
106%
106%

Sale

M
M

N

M

F

M N
F

A
J

J

Sale
Sale
Sale
Sale
108

5
.....

6

Sale

35
30

31
26

105%
88%

i

4

9
1

104% 105
119% Sale

96%

Sale

96%

107%

Feb.
Jan.

12

Jan.

44

Jan.

39

Mar. 24

102% Jan. 28 104% Feb. 21
35% Mar. 31 61
Jan. 13

Mar

75% Mar.

67

Mar.

100

Mar

106

Mar

102%. Mar.
66% Mar.
91% Mar.

Mar
Mar.

107% Mar. 19
111

Mar. 15

106% Mar. 16
30% Mar. 1
8% Mar. 11
9

Mar. 26

78%

Jan.

Mar. 15 108% Jan.
Mar. 30
106% Jan.
62
Mar. 11
Jan.
73
83
Mar. 31
95% Jan.
6 107% Mar.
105% Jan.
110
Jan.
7 111% Jan.
106
Mar. 19 106% Jan.
98

Mar. 28

16% Mar. 30
8% Mar. 23
7% Mar. 24
85

Jan.

19
14
17
8

20
19
18
18

44

Jan.

10

10

Jan.

15

9

1

Mar. 28
Jan.
8

26% Mar.

39% Mar.

1

26% Mar. 31

42

Jan.

15

39

50

Mar.

1

39

61

Jan.

4

86%

Mar. 21
Jan. 19

Mar.

102
83

Mar.
Mar.

Ill
Mar.
114% Mar.
117
Mar.
116

Mar.

114% Mar.
112% Mar.
Ill

Mar.

120% Mar.
73
90

Mar.
Mar.

111% Mar.

86% Mar. 21
104% Mar. 3
101

Mar.

5

115% Mar. 11
117% Mar. 11
121

120%
118%
116%
115%
124%
85

Mar. 11
Mar. 11
Mar.

4

Mar. 12
Mar. 16
Mar.
Mar.

101% Mar.
114% Mar.

Mar.
Mar.

99% Mar.
Mar.
Mar.

102

Mar. 30

86% Mar. 21
102
83

Mar. 31 104%
Mar. 29 109
Jan. 13
111
Mar. 18 H5% Mar. 11
114% Mar. 18 117% Mar. 11
117
Mar. 17 121
Mar 11
116
Mar. 18 120% Mar. 11
114% Mar. 18 118% Mar. 4

112% Mar. 17 116% Mar. 12
Ill
Mar. 18 115% Mar. 10
120% Mar. 18 125% Jan. 15
73

Mar. 18

Mar.

92

Mar. 23

1
100% Mar.
102% Mar. 11
87% Mar. 2

Mar. 18 104

86% Mar. 18
40
Mar. 23

98% Feb.
98
81

8%

Mar.
Mar.

"Mar.

20
50

16% "Mar i

Mar.

6

18

Mar.

Jan.

12

Jan.

14

Jan.

4

Feb.
Jan.

17
6

Mar. 29
i

76% Jan.

21

Jan.

5

26

Feb.

Jan.

25

50

Jan.

25
25

8% Mar. 29
5% Jan.
7
3% Mar. 31

Mar.

6

6

99

Mar. 30 108
11
89
Jan. 17
56

59

72% Mar.
23% Mar.

3% Mar.

Jan,

47% Feb. 18
10 101% Jan. 12

Jan.

53

59
20

89

90
Mar. 18 103% Jan. 24
111% Mar. 19 114% Feb. 28

If*

98% Mar.
60
107
89

Mar.

Mar.
Mar.

100% Mar.
63% Mar.
108

Feb. 23

98% Mar.
60
107

Mar.

12% Jan.

13

Feb.

17

7% Jan.

12

7

Mar.
Mar,
Mar.

10

Feb. 23

112
70

Jan.

10

Jan.

11

108

Mar. 30
Jan. 24

35

Mar.

38

Mar.

35

Jan.

46

20

Mar.

32

Mar.

20

Mar.

34% Jan.

18

22%
19% Mar.
Mar.
103% 103

107% Mar.

Sale

65

Mar.

89

99% Mar.
108% Mar.

105% Feb.

25% Mar.
105% Mar.
89

19% Mar.
102% Jan.

Mar.

65

Mar.

100

108% Mar

23

Jan.

13
12

29

Feb.
105% Mar.

1
9

97% Jan.

3

98%

"39%

Sale

39% Mar. 31

64% Mar.

62

Mar.

62

114

87
Sale

114

Mar.

49

Sale

49

Mar.

55

104
111

85 %

Sale
Sale

Sale

85% Sale

99%
103%
110%
85%
85%

39% Mar. 31

"74%

'"7

62

Mar.

"64"""F"e"b"l6

116% Mar 12
1
66% Mar.
5
104
Mar,

114

Mar.

116% Feb. 15

Mar

Mar.
Mar.
Mar.

105
120

67
106
106
121

Jan.

6

97

Feb.

17

Mar.
Mar.

Mar.

1

Mar,

3

Mar.

1

96% Mar,

2
2

97

Mar.

49

99%
103%
110%
85%

Mar.
Mar.
Mar.
Mar.

Jan.

10

Feb.

28

Jan.

24
19

Jan.

II

108

114

113

107%

,?r
For footnotes, see page 30.

10
3
15
15

105"" ::::: 112"" Mar."i8 Ii3%Maf."l5 112" MarVlg ii5~""jan"Ii

113%

109%
107%

45
41

Mar. 30

22% Mar. 31
5% Mar. 31

Sale

105% 108

115

45% Feb. 11

27

"35"

65

66% Sale
104
104%

23% Mar. 31

26
20
101

87
116% 120

Mar. 'J

Sale

Sale

62

Mar. 19

89%

Sale

Sale

27

25

66

99

"63%

28% Feb. 25
28% Feb. 25

22*

108% 107% 108

98% Sale
108
107
65
38

4

Feb. 25
Jan.
7

2
119% Feb.
128% Mar. 25

IB

10

85

75

66

107

104

O
F
M

100
Sale

12

18%

115

O
A

Mar.

!2>*

103%

M

Sale

60

.....

4%
3%

6

15
28

M

A

41

40

12*

A

Mar. 24

Mar. 31 104% Mar.
Mar. 31 53% Mar.

98
83

25

to N

Mar. 4
37% Mar. 1
8% Mar. 18

98
83

65

75

Sale

90
98%
«111% Sale

92

21% Sale

7
11
17

1

42

Mar. 31
Mar. 31

40

25

Feb.

Jan.
Jan.

107% Feb. 24 107% Feb. 24

95% Mar.

A

Jan.
Jan.

4

86% Mar.

A

Jan.

Mar.

92

L>

4

3
10
7
7

2
1

40

F

3
3

Jan.

Mar.
Mar.

Sale

F

Jan.

15
3
7

Mar.

Mar.

88% Sale
40
35%
99% Sale

Sale

59%

d

22% Feb.
3 28
Mar. 23
100% Mar. 31 103% Jan. 14
92% Mar. 31 95% Jan. 10

Mar. 23

94

Sale

Mar.

99% Jan.
116% Mar.
126% Jan.

25

Sale

888
186%

Mar.
Feb.

106
108
48
100

6
25

Sale

49%

30
85

112% Jan.

21

Mar. 30

60

17
15
7

39

26% Jan.
20% Jan.

Mar. 31

6

Jan.
Jan.

31

ti*

Mar.
Mar.
Mar.

Jan.

3

14

Jan.
Jan.

28% Map.

1
Mar. 19

Jan.
Jan.

31% Jan.

45
70

27

82

84
Sale

~28% Mlir.""3

44

106% Mar.
106%
Sale
110% Sale" 110% Mar.
107
106
Mar.
Sale "17% Sale
16% Mar.
7%
8% Mar.
9%
9
7% Mar.
8%

50

4
128%3*Mar. 25

25% Mar. 19 28
100% Mar. 31 102%
mtu-. 01
92% Mar. 31 95%
82% Mar. 31 88%
107% Mar. 4 107%

Sale

"39%

11941 Mar.

12

Jan.
Jan.

Jan.

Mar.
Mar.

15
108
95
99
48

Jan.

60

60

78%

75%

Mar. 18

24% Mar. 18

-

104% Sale 102% Sale
35% Sale
53% Sale
41%
*41%

J

72

Mar.

46

Sale

90

Mar.

Mar.

32% Mar.
26% Mar.

Mar.

114%

We*
108

Mar.

110

Sale

Sale
72

1
2
2
2
3

Mar.

Mar.

8

11
14

Jan.
78% Jan.
39% Jan.
82% Jan.

Mar.

40
17

11
13
7

Jan.

102

39% Mar.
15% Mar.

Mar.

113%

113%

mt
!iH
tin

98% Mar.

108% 108

.....

Sale

Sale

Mar. 22
62% Mar. 1
Mar.
1

99

Mar. 22
50% Mar. 30
15% Mar. 28
81% Mar. 10

11% Mar.

Sale

101%

Mar. 21
Mar.
1
Mar. 5

14% Mar. 30
20

1

Sale

Sale

55
30
85

45

1

117% 115% Sale
Sale
117% Sale
120% 117% Sale
Sale
115
115%
Sale
113
115% Sale

116%

76

Mar.

1

114%

119

80
Mar. 3
71% Mar. 3
30
Mar.
1
23% Mar. 11

Mar.

Sale
119

1

62

Mar.

Sale

116%
114%
113%
124%
86%

9 97
Mar. 28 104%
94
Mar. 30
77%
Jan. 29 88
Mar. 31
76%

71% Mar. 31

31% Mar.

28%
29%
102% Sale

112

118

84% Mar.
75

1

31*

104% 102
101% 83%

105%
113%
116%
118%

112

Mar.

26

104

104%

104

Mar.

16

86% Mar.
104

108% Feb.

103% Jan.
112% Jan,

Mar.

28% Sale
24%

110%
106%
30%
8%
7%

10

Mar.

Mar.

"28% "29% *28

107

Sale

Jan.
101
106% Jan.

Sale

116% Sale
119% Sale
127
127% 126% Sale

110%

104% Jan.

2

71

4
5
19

Jan.

Feb.
Mar.

Mar.

100

93

102

Mar.

88
88

18

Jan.

103% Jan.

Jan.

Sale

109% Sale
101% 103%
102% 105

Sale

97
100
90
98

16%

62
83

*

5

12

65
Sale

v

Mar,

Feb.

103

88% Mar.
98% Mar.

Sale

83

A

Mar.

3
3

Sale

Sale

F

88

Mar.
Mar.

Sale

Mar.

64%

N

Mar. 22

30
16

30

Sale

I

M

Sale Prices

Mar.

30% Sale
16% Sale

42

Sale

4

3

20

67
100
98

-

....

Mar. 31

Sale

J

....

36

Mar.

99

105.000 Cam Clinch ft Ohio lat fta.
1936
175,000
1ft ft con g 6s aerlea A.Doc 15 195
13,000 Carriers ft Gen Corp deb 5a w w.1950

♦Conaol gold 5a
1945
'Ref ft gen 5%a aerlea B..——1959
♦Ref ft gen 5a series C
1959
♦Chat Dl? pur money g 4a....1951
♦Macon ft Nor Dl? 1st g 5a...-.1946
♦Middle Ga ft Atl Dl? pur m 5a. 194)

Sale

80%

62% Sale
31% Sale
66% Sale
34% Sale

8*
88
iSS

14%

Mar. 30

62
80

Sale

100% Sale

84,000
1,000
39,000

Sale

Mar. 28

45

102%
66*

J

{♦ Cent of Ga Ry 1st g 5a...No?. 1945

15%
11%
50%
15%

Sale

26%
54%

Sale

M >

113

50,000 Celotex Corp deb 4%a w w.—_..1947
5,000 ♦Cent Br Un Pac 1st 0 4a
1946

71%

45

Sale

J

1951

64

"64"

75

*71% Mar. 31

106

.

Carthage ft Adlr lat gu g 4a

77
Sale

110

108
75

Sale Prices

100

"90" Mar."31

M N

5a equip trust ctfa
..1944
Collateral truat g 5s
........1954
150,000
Collateral trust 4H>1966
2,000 {'Carolina Central 1st gu g 4a.. 1949

......

71%

Sale

80

60

A

...

172,000
224,000

Sale

F

.....

.

Sale

J

5,000 Buffalo Niagara Elec 3%a aer C—1967 J D
253,000 buff Koch ft Pitta cons 4%a.
195) M N
3,000 »{♦ Burl Ced Rap ft Nor 1st 5s
1934 A t
3,000
♦Certificates of deposit
{Bush Terminal Co 1st 4a...... 1952 A
71,000
Conaol 5a
1955 J
16,000 IBUah Term Bldgs lat 5a gu
I960 A
3.000 Calif-Oregon Power 4a
1966 A
49,000 Calif Packing con? deb 5a......1946 J
38,000 Canada Sou con gu 5s set A.....1962 A
140,000 Canadian Nat Jold
1957 J
129,000
Guaranteed gold 5s
July 1969 J
67,000
Guaranteed g 5a..———.Oct 1969 A
28,000
Guaranteed g 5a...
197* F
90,000
Guar gold 4H*
June 15 1955 J
169,000
Guarg4fca
1956 F
158,000
Guar g
...........1951 M
80,000 Canadian Northern guar 6%*—.1946 J
J
340,000 Canadian Pac 4% deb stock
M S
216,000
Collateral trust gold 4Hs..
194t
.

"29%

O

62,000

lat mortgage 5a aerlea U
1955
1st g 4% a aerlea JJ-—
1961
24,000 ;'boaton ft NY Air Line 1st gu 4x1955

"71"

50

3a....lV6A
lHa.. .1951
140,000 Bell Telephone of Pa lat 5a B
1946
53,000
Flrat ft ref 5a aerlea C ........I960
Beech Creek Exten lat g

--—.

)56/
Sale

Highest

1

Mar.

Sale

Battle Creek ft Sturglagu

,»■,

\7}

101%

C

Sale Prices

Mar. 31 110
Mar. 31
91%
88% Mar. 30 99%
98% Mar. 15 100%
97
Mar. 21 100

"88"

71
30

D

Sale Prices
100
88

105% Mar .""2
106%
98
Mar. 29 102% Mar. 11
100
Sale
111
105% 109% Mar. 7 110% Mar. 2
104
Mar. 28 110
Mar.
1
Sale
102% 104
116
116
102
Mar.
1
77
Sale
84% Mar. 9 85

71

A

Ask
Sale
Sale
Sale

JAN. 1

Lowest

95
90
97

102

M N

88
89

Sale
Sale
100

99%

Highest

98
105
101
109
110
106
85

85
Sale
29
60
20
92

100

101
Sale

Sale
88

J

J

Sale

99

Lowest

Mar. 31

Mar. 1

1938

RANGE SINCE

PRICES IN MARCH

Price
Jan. 3

Bid
Atchinaon

745,000
11,000
465,000
9,000
63,000

EXCHANGE—BONDS

April, 1938]
Sales in

ii

BONDS

March
Value

n. y. stock

%

1M9

26 *4

Sale

23

194V

106 *4

Sale

Sale

110*6
10894

Chic Burl 9c Q 111 Dlv 9 Ha

klllnols Division 4>

General 4a

1958

lit 9c ra(4Ha aerie* B
lat 9c ret 5a aerlea A-.

105
109 *6

1977
.....1971

441",006

16

Sale

Sale

Sale

Sale

95

Sale

95

95

Sale

95

Mar. 31 102

8*4
7*6
71*4
15*6

Mar. 30
Mar. 30
Mar. 8
Mar. 23

'

6,000 Chic 9c Erie lat gold 5a
..1983
660,000 {♦Chic Gt Western lat W-yr 4a...1959

M N
M S

16*4

Sale

Sale

6,000 {•Chic Indlanap 9c Loulsv rf g 4*1947
4,000
♦Refunding gold 5a aer B
1947
1,000
♦Refunding 4a aeriea C..
1947
78,000
♦lat 9c general 5a aerlea A.
1966
♦lat 9c gen 6a aeriea B
12,000
May 1966
1,000 Chic Indiana 5c Sou 64>yr 4a
1956

J

1094

20
20

15

1,000
168,000
22,000
195,000
23,000
17,000
1,355,000
1.592,000
43,000

J

M N

J

10*|
10*2
5*4

J

J

1969

D
J

27

J

73*2

May 1 1989
May 1 1989
{♦Chic Mil St PAt Pac mtgefts aerA1975
♦Con? adj 5a
Jant 2000
{•Chic & No Weat gen 3*4«
1987

J

26

J

26

E

30
41

1987

MN

♦Stpd non payt Fed lnc tax. 1987
♦Stpd gen 496 a non-pay lnc tax 1987

M N

MN

16""

M N

17

19*6

♦General 4a

25,000
120,000

♦General 4Ha stamped

42",606

♦♦15-year

MN

18

P

J

D

♦lat 9c ret 4J4s stamped.-May

J

D

J

D

♦lat 9c ret g 5a

May 3037

3037
......May 2037
1949

♦Cony 4 94 a series A

♦{♦Chicago Rya lat 5s stamped
Feb 1 1938 25% part paid
9,000
1927
226,000 {•Chic R 1 9c Pacific gen g 4a
1988
33.000
♦Certificates of deposit...
246,000
♦♦Refunding gold 4s........
1934
♦Certificates of deposit...
110,000
163,000
♦♦Sec. gold 4948 aerlea A..
1952
92,000
♦Certificates of deposit.....
242,000
♦Convertible gold 4 948—.—.. I960
13,000 Chic S L & N O gold 5a
1951
Gold 394a
June 15 1951
Memphla Dlv lat 4s...
...1951
12,000 Chic T H & S'eaat lot 9c ret 5a
1960
Income guar 5a....
23,000
Dec 1 i960

M h

F

12

Mar.

Mar.

25*4
7*6
2*4
13*6

Mar.

Sale

Sale
Sale
Sale

Mar. 29
Mar. 3

26

Mar.
Mar.

2
3

32

Mar.

1

30

32*4 Mar. 1
26*6 Mar. 18
12

Mar.
Mar.
Mar.

Mar.

4*6 Mar.
16

Mar.

16*4 Mar.
15*4 Mar.
15*4 Mar. 29
19
Mar.
1

13*6 Mar.
13*6 Mar.
14*6 Mar.
15
Mar.

Sale

Mar. 10

12*6 Mar. 16
5*6 Mar. 5
6*4 Mar. 9

23

11

I'i

Sale

Sale

47

D

J

D

s

J

D

72*4

6

Sale

5

8*6
8*6
7*4
7*6
5*6 Sale
50
78*6

•

yy

Mar. 30

Sale
Sale

Sale

8

Feb. 25
Jan. 10
Jan. 12
Jan.
7
Feb. 15

3

Mar. 25

3*6 Mar. 26
72

29

112
23

15

12

25

35*4 Jan.

17

31

30

Jan.

31

36

Jan.

14
15

30
17

35*4
34*4
13*4
4*6

Mar.
Feb.
Mar.
20*6 Mar.
20*6 Mar.
23
Mar.
25*4 Mar.
7*6 Mar

Mar. 29

S®
3

Mar. 30

55

50

"I" "64"
57

47*4

57*4
65

30

2*4
13*6
13*6
13*6
14*6

Mar. 26

15

Mar. 31

Mar. 15
Mar. 23

Mar!

23

Mar. 19
25

Mar. 26
Mar. 25
Mar. 28

43*4
14*6
14*4
5*6

Mar.

17*6 Mar.
16*6 Mar.
8*4 Mar.

51

Jan.

18

19*4
18*4
9*4
8*4

Jan.
Jan.
Jan.
Jan.

10

Jan.

10
13
8
8
12

8*4 Jan.
5*4 Jan.

Feb.
8
Mar. 29
Mar. 30
Mar. 30

Sale

A*

Mar. 29

Sale

Mar. 31

10

Mar.

5

8*6
7*6
5*6
65

Mar.
Mar.
Mar.

5*4 Mar. 29
5*6 Mar. 30

78*6 Feb.

57!
47!

Mar,

52

67

Mar.

43

8

53

52

Mar. 22

44

43

Mar. 18

Mar. 25

3

Mar. 18

63

50

Jan. 17
Feb. 14
Jan.
8
Jan. 12
18
Jan. 13
1856 Jan. 13
18*6 Jan. 13
17*4 Jan.
8
22
Feb.
2
18*6 Jan. 18
22*6 Feb.
1
12*4 Jan. 12
1156 Jan. 1»
11*4 Jan. 12
7*1 Jan. 11

6*6 Mar. 30
3*6 Mar. 30

59*4
Mi

Mar.

14*4
7*4
7*4
85*6

78*6 Feb.

Mar. 25

6*6 Sale

D

J

Sale

8

J

Feb.

13

5

7
7

5*4 Mar.

43*4 Mar. 31
14*6 Mar.29
14*4 Mar. 30

43*4 Sale
15*6 Sale

8

MN

15

8

12*4 Jan.

15

18*4 Mar.
10*4 Mar.
10*4 Mar.
10
Mar.

Mar.
Mar.
Mar.
6*6 Mar.
3*6 Mar.

15
7
7

25
1

21

Feb.

10*6 Jan.

16*4 Jan.
23

MS

M

13

20*6 Mar.
20*6 Mar.

10K

"6

A

Mar.

72
L12

45*6 57
17*6 Sale
16*6 Sale

3

1

Mar.
Mar.
Mar.

"22"

J

3

2
1

3

Sale

A

I

Mar. 31 109*6 Jan.
Jan. 28
Jan.

Mar.

3*6 Mar.

21
10*4
10*4 Sale
Sale
10
6

95

Mar.
Mar.

72

16*2

16

91

1987

secured 496a.. .....1936

♦1st & ref 4 Ha aer C.

107,000
127,000
70,000
935,000

1
9

14

72
112
23

23

♦Gen 5s stpd non pay lnc tax. 1987

119,000
67,000

M N

15*4 Mar.
13*4 Mar.
20

12*6 Mar.

34*4

11*6 Sale
3*6 Sale
18
14*6
Sale
17
18*4

A

G

A

1
2

Sale

J

1

Mar.

37
Sale

"29*4

Mar.

95*4 Mar.

8

Jan.

Jan. 12
94*6 Mar. 25
99*6 Mar. 31 111*4 Jan., 5
95
Mar. 31 109
Jan.
3
Jan.
3
88*4 Mar. 30 105

Jan. 11
8*4 Mar. 30
Jan. 12
7*6 Mar. 30
3
71*4 Mar. 8 108'" Jan.
15*6 Mar. 23
22*6 Feb. 23

13

112
31

110*4

May 1 1989

♦Gen g4^a aeriea
♦Gen 4*6« aerlea P

70

15*4 Sale

7*4
7*4

39*4
20*4
28*4 Sale

♦Gen 4Ha aeriea C

63

92*4

86

♦Chic Mil 9c St P gen g 4a aer A..1989
♦Gen g 3*4s aeriea B
May 1 1989

Chic L S Ac Eaat lat 4 Ha

Sale

2
2

[

Sale Prices

12*4 Mar.

Sale

37
Sale
8

J
J

108

Sale
7*6
9

15*6

15

......

1

Highest

Sale Prices
15
Mar. 22

90

20

15

4

83

""8*4

Sale

Sale

M N

Mar. 31 104

88*4 Mar. 30

88

{♦Chic 9c E 111 Ry (new co) g Sa ..1951
31,000
♦Certificates of deposit
....

Sale Prices

15
Mar. 22 22
Mar.
94*6 Mar. 25 102*4 Mar.
99*6 Mar. 31 106*4 Mar.

Sale

Sale

Sale

Sale

Highest

Sale Prices

Ask

100

Lowest

Lowest

95*4 Sale

Sale

90*4 Sale

g 4a......1934

cona

Mar. 31

Ask Bid

Ask

....1949

Chic 9c Alt RR ret 9 3«

♦{♦Chic 9c E 111 lat

Mar. 1

1938
Bid

118,000
467,000
688,000
665,000
217,000
463,000

RANGE SINCE JAN.

PRICES IN MARCH

Price
Jan. 3

24

exchange

23

EXCHANGE—BONDS

N. Y. STOCK

Mar. 29
Mar. 31
Jan.
4

55
86

8

65
86

3
Mar. 22
Mar. 18

Mar. 18

Jan.

4

3
7
3

Jan.
54*4 Jan.

Chicago Union Station—
1st mtge 4s series D........... 1963

41,000

J

105*4 107*4
109*6 Sale

1963

J

109

M

104*4 105

" Guaranteed

65,000

165,000
23,000

1st mtge

4a............... 1944

3*6a series E.........

1951
394" guaranteed
......
222.000 Chicago & Western Indiana 4a.. 1952
240,000
tst & ref mtge 496s aer D...... 1962

84,000

t

hilds Co deb 5s

3,000 {♦Choc Okl 8c Gulf consol 5s

—

1952

6,000 Cln

F

J

D

VI N

Leh Ar N 1st con go g 4a....194

Sale

86

58

64

11

W

Sale

56

34*4

Sale
Sale

67*4

f
49

Sale

Sale
Sale

102*6 Mar.

107*4 Jan. 28

Mar. 31'108 *6
Mar. 29 108*6
102*4 Mar. 15 103*6
90*4
71*4 Mar.
71
Mar.
86*4
65*4
49
Mar.
14
Mar.
14*4

103

110

100

109*4 Jan. 13

102*4 Mar.

104*4 105*4 102*4 103*4
Sale
108k 109*4 103
Sale
108
100*6 Sale
101*4
103*6

92
O

A

147,000 Cine Gas & Elec 1st mtge 394a... 1966
1967
35,000
lat mtge 3*£s.

Sale

100
M

1943

...

O

A

102*4 Mar.

102*6 Mar. 26105

Mar.

100

103*4 Sale
105*6 107

2
18
37
14*4
104*4 104*6 102*4 Sale
Sale
107*4 108*4 107

107

Mar.

101*4

102

102

Mar. 18 102

107*4 107*4

109
Mar.
108*6 Mar.
108*6 Sale
108*4
106*6 107*6 102*4 105*4 104*4 Mar. 29 107*6 Mar.

101*4

Mar.
Mar.
102*6 Feb.
71*4 Mar.

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
104*6 Mar.
108*6 Mar.

103

71

105*|

107

Mar. 18

3

Jan.

13
100
Jan.
3
5
92*4 Jan.
68*6 Feb. 15
14*4 Mar. 11
104*6 Feb. 25
108*4 Feb. 25

Mar.
Mar.
Jan.

49
14

Jan.

Jan.

102

Mar, 18 102

Mar. 18

Cincinnati Union Terminal—

32,000
89.000

72.666
1.000

103,000
63,000

M N

C G C Ac St L gen g 4a

I

1993
1993

J
J

73 J

Sale

J

102!

Sale

—

Ref A Impt 4 94* series

...

St Louis Dlv 1st coll trust g 4s.1994

MN

194*

M

W W Val Dlv lat g 4a

194*

S

81.000 Cleve-Cllffa Iron lat mtge 4J6s__1950
1965
Clev 9t Pitta gen gu 494a aer

B..1942
Series B gu 34a..
1942
Series A gu 44a..
1942
Series C gu 3948..
1948
Series D gu 394s
............1950
General 4 94* series A.....
1977
Gen & ref. mtee 4Ha series B
1981
...

110*2

A

O

A

O

105^2

F

105

J
A

A
A

1977
1945
f 5a.. 194.'
1970

A

s

f g 5* aerie*

1st

a

f 494a aeries C

Coal Rlv Ry 1st gu 4a

16'666

Colo Fuel At iron Co gen a

♦5a income mtge
8,000
114,000 Colorado & Southern 494s ser A.19HII
1952
285.000 Columbia Gas 9c Elec deb 5a
Debenture 5s .......-Apr 15
6.000
1952

91

109
99

J
P

A

97

O

59

1

1

97

Mar. 21 102*4 Jan.

"78" "Mar."3

59

Mar. 28

92*1

3

Mar.

73*4 Jan.

1
3
3

~

85

Mar. 28

78 *4

"Feb"." 18

100
99

106*6 Mar.

106*6 Jan. 26 108
Jan.
106*4 Feb. 14 108
Jan.
106*4 Jan. 25 106*4 Jan.

Sale

l65"'
60

91

(>

liH

112$

Columbus Ac Toledo lat ext 4s...1955
160,000 Columbus Ry Pow & Lt 4s....
*965
Commercial Credit deb 396a.....1951
661,000
2H* debentures
...........1942
98.00O Commercial Invest Tr deb 394*--1951

F

A

103
Sale

76

Sale

73

Sale

66

72

82

107

Sale

101

100*4
60

95*4
99*4

A

O

J

D

J

J

101

J

112*4
112*4
112*4
112*4
108*6
105*6

96*4
Sale

3

-1-

100

99*4
79*4

161" ""Feb"."
77
Mar. 30
71*4 Mar. 18
65*6 Mar. 29

95

83

99

64

44*4
Sale

94*4 105
92*4 Sale
104

112

107*4
98*6
100*4
103*4

Sale
Sale
Sale
Sale

100

58*4
30

Sale

90*6 Sale
83
90*6
86*6 Sale
100
109*4

Mar. 17

166*6 Mar."

100

102

7
4
4

12

62

Mar.

59*6 Mar. 25

65

Mar. 31

43

Mar.

30

90*4 Mar. 28
94*4 Mar. 16
86*6 Mar. 29

100

Mar. 31

Sale

101*4 Sale

Feb.

2

10

8

99

90

4

98

Jan.
Jan.

14
18

96 *6 Jan.
8
85*6 Feb.
112*4 Jan. 28 112*6 Jan.

95*4 Mar.
92*4 Mar.

47*4 Jan.

88*4 Feb.

95*4 Mar.

15
28

Feb.

109*4 Feb.

106*4 Sale
95*4 Sale

I6l *4 "Feb"." 1

Jan.

59*4 Mar. 25
30

100

Sale

Sale
Sale

Jan.

Mar. 29

Mar.

4

Jan.
Jan.
Jan.

18
Mar. 30
Mar. 18

77

Mar.

88*6 Mar.

4
25

100

106*4

109

M N

102*6

88*

95

O

106*6 106*6 Mar.

106*6

95

41

A

......

1

Mar.

66

82*4

&
82

104
99

106*4
105*4

Sale

A

260.000

5

90*4 Jan.

104

44*6 Sale

...Jan 15 1961

Debenture 5a

92*4 Mar.
101*4 Mar.

Mar.

108
108

N

Columbia Ac Hock Val lat ext g 4s '48

218.000

59~~

Sale

65*4 Mar. 23
92*4 Mar.
43*4 Mar. 31

82

65*4 Mar.
92*4 Mar.
43*4 Mar.
97
Mar.

70
108

103*4 Mar.~29 106
Jan. 20
110*4 Feb.
111*6 Feb. 17

M N
M

58

105*4 Mar. 10
111*4 Mar. "

106*4
105*4
104*4 106
105*6 107
101*6 104

F

5

»

M N
A

Feb.
26 108*6 Jan.

105*6 106
103*6 104*4 103 *4 Mar.
110*4 Mar.
110*4 111*4 110*6 Sale

110
104
109

J

B guar...... 1973

1st

43*4 Sale

101*4 Sale

78"

5 109

75

104
"82" Sale
92*4 Sale
Sale
66

100

107*4 Jan.
8 104*4 Jan.

5

Sale

104*4

J

1961

Clev Short Line lat gu 4 Ha ?

-—

_

100

M N

86.000 Clev Union Term 1st gu 594a A.. 1972

132,000

101*4

J

46.000 Cleve Elec Ilium lat M 396 s

202.000

85*4
86*4

J

Spring 9c Col Dlv lat g 4a

4,000

Sale

108

100*4
90*4 Sale

l

E......... 1977
..1939
lat g 4a..
1991

General 5s aerlea B
Cairo Dlv lat gold 4s
Cln W A M Dlv

18~66o

M N

5a aeries C guar.... 1957
lat mtge guar 394* aerlea D....197I
Clearfield 9c Mahoo 1st gtd g 5a. 1943
1st mtge g

Mar. 30 108
Mar. 5
95*4 Mar. 31 98*4 Mar. 7
100 •
Mar. 31 101*4 Mar. 17
101*4 Mar. 31 104*4 Mar. 14

106

3 109*4 Feb.

3
Jan. 12
98*6 Mar. 7
99*4 Jan.
3 101*4 Mar. 17
101*4 Mar. 31 104*4 Mar. 14
106

Jan.

29 108

95*4 Mar. 31

Commonwealth Edison Co—

71,000

37,006
28.600
35,000
276,000

1st mtge g 4948 series C......-1956
1st mtge g 4948 series D
1957
1st mtge g 4s series F.........1981

118,000

1st mtge 396s series H

D

A

O

J

J

M

S

—1965

Conn & Passum Rlvs 1st g 4a....1943

3H* debentures

♦ W uerttemberg 1st 7s

623.000 Consolidated Oil

195*
deb 394*--1951

conv

.......

2,000

J

D

1954

J

J

1955

J

J

A

O

18

J

J

....I960

J

J

52

AAcO 1955
...

a

I

.......1956

•Debenture 4s
♦Debenture 4s

46,000 ♦Consolidation Coal

J

97*4
15*4
15*4
15*4
15*4

25,000 {♦Consolidated Ry deb 4s
3,000
^Debenture 4s........... J Ac J

f 5s

Sale

Sale
Sale

113

113*4
108*6

111*4

Sale

Sale

Sale

106

Sale

Sale

100

101*6

Sale

112*6
112*6
111*6
111*4
108*4
107*4

Mar.
Mar.
109*4 Mar.
10956 Mar.
105
Mar.
105
Mar.
112
112

Mar. 8
Mar. 1
Mar. 9
Mar. 2
Mar. 17
Mar. 15

107*6

106*4 107*6
105*6 Sale
103*4 Sale
103
103*4
107*6 Sale

.........1956
233.000 Consol Gas Co deb 494s
1951
Consol Hydro- Llec Works of Upper
1.000

Sale

114

107*4"

Conn Ry 9c Lt lat g 494s
19M
3,000
Stamped guar 494s
........1951
26,000 Conn River Power a f 396a A..... 1961
238,000 Consol Edison (N Y) deb 396a... 1946
-

203.000

114

113

101

1953
1954

1st mtge g 5s series A
1st mtge g 5s series B.

31

Sale
21*4
27

Sale

107*4

107

104

Sale

Sale
109

20

107*4
105*6 106
102*4
102*4 Sale
99*4
99*4 Sale
105*6
105*6 Sale
21*4
92*4
11*6
11*6
11*4

26

100*4 Sale
11

16

12

16*4

12

21

12

"IS"

58

45

46*4

Hi
Hi¬
ll *6
41*6

20
Sale

Mar.

1

107*6 Mar. 15

Mar. 30 107

50

Jan.

2

3
2

29 21*4 Mar. 29
31 100*4 Mar. 7
Mar.
5
30 16
30 11*4 Mar. 23
29 11*4 Mar. 29

41*6 Mar. 31

Feb. 24 113*4 Feb.
4
Feb. 10 113
Jan. 28
Feb.
2
Feb. 14

112

109*4 Mar. 31 112
109*6 Mar. 31 111*4
105
Mar. 31 108*1
104
Jan. 28 107*4
100*4 Jan. 12 101
Feb. 19 107*
Jan.
5 107

Mar. 24

Mar. 31 104*4 Mar.
Mar. 31 102*4 Mar.
Mar.
Mar. 31 108

Mar.
Mar.
Mar.
Mar.
Mar.

112

Mar.

4

Mar.

7

_

26 107
Mar. 31 105*6 Feb.
Mar. 31 103*4 Jan.

105*6 Mar. 31 108
20*4
92*4
11*6
11*6

Mar. 17
Mar. 15
Jan. 12
Feb. 19
Mar. 15
Mar. 24

Feb.
Mar.
Mar.
Mar.

11*4 Mar.

11
21*4
31 100*4
30
17*6
30
16*6
31

15*4 Feb.
9
41*6 Mar. 31

Mar.

3

3
2

Jan.

10

Mar.

7
17
13
31
9
13

Jan.
Jan.
11*4 Mar.
15*| Feb.
54
Jan.

Consumers Power Co—

43.000
51,000
220.000

396*......1965

M N

1st Hen & unif mtge 394*-.....1965

M N

1st lien & unif mtge

197C
101.000
1st mtge 3Via
1966
36,000 Container Corp of Am 1st *f g 4a.1946
1st mtge

394*

M N

MN

106*4 Sale
103*6 Sale
101*4 Sale
98 H

103*2

100

107*6 Sale 106*6 Sale
104*4 105*6 '103*6 Sale
103*4 103*4 101*6 Sale
101*4 Sale

j

n

1943

J

D

86

104,000 Crane Co a 1 deb 394*—
1951
33,000 Crown Cork 9c Seal a f 4a
1950
98,000 Crown Willamette Pap lat a t g 4a 1951

F

A

100

MN

106

105*4 106

1

103*4 104

104*6 Sale

32.000

Deb

gold 5a

For footnotes, see page

\



30.

J

105
88*4
Sale

102

103

87*6
89
101*4 102

96

83*4

106*6 Mar.
103

Mar.

101*6 Mar.
100

Mar.

100

|102

Mar.

86

83

Mar.

108

104*4
103*4
101*4
26,102*6
29
87*4
29 102*6

101

Sale

101

Mar.

103*4
102*4

Sale
Sale

103

Mar. 29 106

Mar. 11
Mar. 21

Mar.

7

Mar.
Mar.
Mar.

Mar.

102*4 Mar. 30 104*4 Mar. 14

105*4
102*6
101*4
99*6

Feb.
Jan.
Jan.
Jan.

102
83

Mar.

Feb.

99*6 Jan.
103

Mar.

102*4 Mar.

108

Mar.
7
Mar. 11
Mar. 21
Feb. 23
105
Jan. 13
91
Jan. 14
102*6 Mar. 7
106*6 Jan. 26

104*
103*
101?

104*4 Jan.

19

EXCHANGE—BONDS

N. Y. STOCK
iSales in

...1942
1952
59,000 Cub* RR l«t 50-yr g 5a
7%a series A extended to..
1946
69,000
6a series B extended to.......1946
6,000

42,000 Dayton Pr 8c Lt 1st 5c ret 3%a... 1960
1943
177,000 Del At Hud 1st 5c ref 4a
1971
15,000 Delaware Pr 8c Lt 1st M 4%s
1st 5c ref 4^a
1969
10,000
1st mtge (told 4^a
1969
5,000
1951
48,000 Denver Gas 5c El 1st 5c ref 5s
Stamped aa to Pa tax
20,000
1936
201,000 I ♦♦Den 5c Rio Gr 1st cons 5 4a
♦♦Conaol gold 4%s
.1936
37,000
69,000 {♦Denv 5c R Gr West gen 5s Augl955
♦Assented (subject to plan)
145,000
♦Ref 8c Imp mtge 5s ser B
1979
95,000
{♦Dea Moines 5t Ft D 1st gu g 4S-.1935
Certificates of deposit65,000
{♦Dea Plain*- Val tat guar 4%a ..1947

D

J

Cuba Northern Ry« lit5H*

36%
38 %

J

J

D

J

D

A

O

40

37

J
J

J

J
M

M

N

N

J

J

J

J

F

A

AO

3%
8%

...

Detroit Edison

39,000
52,000
113,000
210,000

A

.....1952

O

Gen 5c ret 5* series B

O
Gen Ac ref mtge 4s series P.....1965
Gen & ref mtge 3% a series G..1966 M S

1995 J D
1995 J D
1,000 Detroit Term 8c Tunnel 1st gu 4% a '61 M N
1951 J D
28,000 Dow Chemical deb 3s
J
20,000 {♦♦Dul So Shore Ac Atlantic g 5a. 1937 J
J
136.000 Duquesne Light 1st M 3%s
1965 J
♦Detroit 5c £ack

"¥,666

♦Second

17,000
7.000
25,000

1st Hen g 4s

gold 4a

Eastern Ry M No Dlv 1st g

O

A

1948

4s

Eastern Tenn Va 5c Ga 1st g 5s ._I95(> MN
J
Ed El 111 Bkn 1st con g 4a
1939 J
Ed El 111 N Y 1st cons g 5s

1995 J

J

Electric Auto Lite conv deb 4s

324",005

39%
42
49%

37

Sale

46%

Sale

46

40

Sale

1952 F

A

112% 113%
108% 109
Sale

105

105%

17] 103 %

15
Sale

Sale

3

4

15

80

3 %a set

Series C 3%a

110

D

103

Sale

J
J

♦Genesee Rlv RR 1st

s

103% 104
103%
70% Sale

34%

Sale

Sale

16

Sale

Sale

10%
10%
10%

o

56

O

60%

M N
A

O

J

J

43

42%

10

Sale
Sale

1938

M

Sale

9% Sale
47%

J

105

21
18
80

Sale

3% Mar.

1

59
92

Mar.
Mar.

9

Mar.

2

Mar. 14
Mar. 2
Mar. 16

106% Jan.
70
Mar.
102% Feb.
131% Jan.
94% Mar.
107% Mar.
102% Feb.

Mar. 10
Mar.
8

Mar.

3

2

16

J
D
11,000
J
1946
57,000 Flat deb S f 7s
1,000 {♦Fla Cent 5c Peninsular 5s
194? J J
1959 t D
21,000 {♦Fla East Coast 1st 4%e
♦1st 5c ref 5s ser A
.....1974 M S
309,000
♦Certificates of deposit
93,000
♦{♦Fonda Johns 5c Glov ref 4%a.I952

60

86 1

60

94%

95%

94

60

27

60
Sale

50

13

50
Sale

4

4%

3%

4%

MN

17%

2%

9%

2%

17%

MN

2%
2%

1%
1%

2%
4%

1%

2%
4%

♦Certificates of deposit

22,556

Fort St U D Co 1st g 4%a.
1941 j""j
J
f Pramerlc Ind 8c Dev 20-yr 7% a. 1942 J

19,000

Francisco Sugar coll trust 6s....1956 MN

110,000

Galv Hous Ac Hend 5%a A

105",666

Gas Ac Elec (Bergen Co) 5s
1949
Gen Amer Investors deb 5s ser A.1952

1947
1945

(Germany) 7o

.......1940

.....

1948 MN

♦S f deb g 4s

109
60

89%
117% 118
100% Sale
97
99%
38% 43%

1938

General Cable 1st sfg5H> A

104

38%

101
103

43
95

104
Sale

14

Mar

23

2

14

15% Mar.
15% Mar.
Mar.

55% Mar.
99% Mar.

96%

97
44

42%
42%

42

61
Mar, 18
Mar, 29 101
95
Mar,

96

75
94
40
49

Mar.

4

59

Mar.

7

97

Mar. 19

92

Mar.

8

48

102% Sale

...1946
..1951

10-year debenture 3s

15-year debenture 3%s

102

Sale

50

Sale

96

General Public Service deb 5%a.l939

132,666 Gen Steel Castings 1st 5%a

w W..1949 J
J
{♦Ga 8c Ala 1st cons 5s....Oct. 1945

J

J

12,000
7,000

Extended at 6% to July 1 1934
♦Good Hope Steel Ac Iron see 7s.1945 A

92

Mar.
3
Mar. 23 100
Mar.
1
85
Mar, 26
Mar. 24
Mar, 30
94%
Mar. 17
40
Mar, 17
Mar 29
57% Mar. 3

96

3% Mar
3% Mar

273,000 Goodrich (B F) Co conv deb 6s..l945
1st mtge 4%s
1956
168.000
603,000 Goodyear Tire Ac Rubber 1st 5s.. 1957
10,000 Gotham Silk Hosiery deb 5s w w.1946

J

D

...

M N

M

S
D

Grays Point Teem 1st gu g 5a ...1947 J
F
Gt Cons El Pow

D

2% Mar.

71%

J

70

229.000

1,621,000

Gen 4lis series
.1977
Gen mtge 4s series G—....1946
Gen mtge 4s series H..........1946

45
45%

103" ""Mar .""I I05"'"siMaf."36

686.000
Gen mtge 3lis series I
..1967
306.000
4,000 ♦Green Bay & West deb ctfs A..

26,000

9,000

Gulf Ac Ship Island ref 5s

Mar.

1

7

60

Sale
Sale

100
85

Mar. 30

102% Mar.

1

100

86

Mar. 30

97

Mar.

1

85

39

Mar. 24

44% Mar.

9

39

40

Mar. 29

42

Mar. 31

40

Mar. 24
Mar 29

39

Mar. 17

44% Mar.

Jan.

39%
42

Sale

42

Sale

Stamped

Sale

Sale

Sale
85

84

96%

Mar. 31

2
2

Mar.

5

Mar.

4

20

97

8

Feb. 19

20
15
1

11*

Feb.

45

Feb. 21

Feb.

1

101% Mar. 31 103!

Jan.

12

Mar. 31 103!
26

97!
57!

Jan.

10

Mar. 31

Jan.

12

21

Feb.

1

Mar. 25

25

Jan.

12

45

101

4

77

Mar.

8

38

15

25% Jan.

13

78% Mar. 31

Mar. 14

28% Mar. 22
98

Jan.

11

84
Mar. 31
99% Jan. 19
101% Mar. 30 105% Feb. 24
74% Mar. 30 80
Jan.
4

106% Jan.
70

Mar. 31

65

Jan.

19 106% Jan.
13

76%

70

68%

70

65% Sale

64% Mar. 29

98% Sale

98%
91%
81%
71%

Mar.
Mar.
Mar.
Mar.

107%

Mar.

98% Mar.

111% Jan.

103
96

Mar.

91

104

Jan.

Mar.

81% Mar.
71% Mar.

Jan.

Sale

71

Mar.

Sale

79% Mar.

Sale

88% Mar.
100% Mar.
92% Mar.

99%
90%
89%
103%

107%

Sale

Sale
Sale

100

Sale
90
Sale

Sale

91%
84%
71
71

Sale

92%

Sale

11*

76

J

79

Sale

81

Sale

64

Sale

Feb

50
8

60

54

65

45

54

54

Mar.

7

7

Mar.

9%

105

8%
104%

9%

6%
104%

~90"

82

76%

59%

Mar.
Mar.

71% Mar. 18

87% Mar.

11*

83

103%

Hackensack Water 1st 4s.—1952

107%

Sale

108%
Sale
61
46

118

58

37%

40

36

Mar.

19
8

71% Mar. 18

Jan.
Jan.

Jan.
Jan.

3
3
10
11
5
10
10

82

Mar.

64

Mar.

55

Mar.

54

Mar.

60

Jan.

25

7

Mar.

10

Jan.

12

9% Mar. 10

Mar.

2

81

55

Mar. 29

75

Mar.

3

Jan.

20

81

Jan.

20

55

Mar. 29

82

Jan.

3

90% Jan.
91% Jan.

83
Mar.
85
Mar.
9
3
83%
101
Mar. 31 103% Mar.
Sale
9
102% Mar. 24 103% Mar. 21

27
-

91

Jan.

6

92

Feb.

8

88

Jan.
Jan.

7
7

83

100% Feb.

Mar. 25

27

Mar. 25

Mar.
115% 115% Mar. 12 118
52
Mar. 30
58
Mar.
57%
37
Mar. 17
40
37% Mar.

1
1

7

Feb.

103% Mar. 9
14 103% Mar. 21

108
z27

Sale
Sale

Mar.

77

95
82

108%

20

18

Mar.

75

85

86

Jan.

79% Mar.

91
85

64% Mar. 29

71

75

Sale

Sale

51%

17
10
11

80

Sale




84

91% Mar.
97% Mar.

1

101% Mar. 30 105
74% Mar. 30 80

75
64

118%

2% Mar.

71

Sale

1949

Jan.

73
Sale

87%
87%

84

Jan.

Jan.

96%

103

30.

78% Mar. 31

Mar.

106

106%

101%

For footnotes, see page

Sale

101% Sale
74%
85

75
102% 103% 101

♦Harpen Mining 6s

1

28% Mar. 22

Sale

1999
45,000 Hock Val 1st con g 4lis
11,000 Hoe (R) 8c Co 1st mtge..........1944 A O
8,000 {♦♦Housatonlc RR con g 5s.....1937 MN

51% Mar.

Mar. 25

1961
20,000 Gulf States St'l 1st mtge 4 lis
116,000 Gull States Utilities 4s series C—1966
10-year debenture 4%a__
1946
65,000

T.OOO

Mar. 31

28

96

60%
60%

8

20% Feb. 25

38

35

107
103

1952

12

Mar. 17

Mar. 30 102% Jan.
Mar. 30
Jan.

95% Jan.

93%
Sale

78% Sale

Sale

Feb 1942
.....

Jan.

9

101% Mar. 31 103% Mar. 25
101
Mar. 31 103% Mar. 14

Sale

Sale

"82""

8

17

1% Mar. 26
2
Feb. 26
1% Mar. 2
1% Feb. 10
103% Jan. 17 103% Jan. 17
103
Mar.
1 105
Mar .130
40
Mar. 25 49% Jan. 18

39

100

19

Sale

Greenbrier Ry 1st gu g 4s
1940 MN
Gulf Mob 8c Nor 1st 5 Mi* ser B...1950 A O
1st mtge gold 5s series C
1950

6
1
25

Mar.

95% Jan.

6$

95% Mar.

25

98

Feb

♦Income debenture ctfs B

Jan.

40
58

43

22

104

J

19

Mar.

Mar. 29

Mar. 25

111%

88%
89%
102%
94%

Jan.

100

Mar. 25

15

J

J

97)

Mar.

2% Mar.

28

J

J

Mar.

40

8

1% Mar. 22
1 % Mar. 2

14

J

J

92)

49

2% Mar.

Sale

85

20

Jan.

85

8

1% Mar. 26
1% Mar. 2

22

104%

Jan.
Jan.

97

Mar. 26
Mar.

4

50

106%

6

13

94

75

30

15

80

A

(Japan) 7a....—1944
1st Ac gen a f g 6 V4s........
1950 J
Great Northern Ry—
1st Ac refund 4lis Ser A
1961
270,000
Gen mtge 5 %a Ser B..........1952
360,000
Gen mtge 5s Ser G...........1973
62.000
Gen 4lis Series D............ 1976
84,000

31.000
74,000

J

Jan.

61J
102)

3% Mar.
3% Mar.

50

87

Gouv 5c Oswegatchie 1st 5s
...1942 J
J
Grand R Ac I ex 1st gu g 4%a
1941

85

101% Jan.

Feb.
Mar.

3

22

97%
104%
75%

3
3
3

Jan.

118
Sale
Sale
Sale

....

91

6

42% Jan.

91

Sale

91% Sale
94% Sale
103% Sale

3

Jan.

105

40

103% 103% 101%
102% Sale 101
99%
38
50% Sale

18
D

3

26

43

.

6% Mar.
5% Mar.

30

30

19%

J

Jan.

36% Jan.
21% Jan.

Sale

♦{♦Georgia Carolina Ac Northern—
J

Jan.
Jan.

51

Mar.
Mar.
Feb.

92% Ma.

Mar. 19

General Motors Acceptance Corp—

245,000
142,000

3

11*

45

91

26
19
2

103% Feb. 16

21% Jan.
9% Mar.
9% Mar.
50
Mar.
48% Mar.
88% Mar.

104

10513ii Sale

45

118%
102

1%

2
12

Jan.

16 109% Mar.
1

Mar.
Mar.

.1982

Proof of claim filed by owner

29

Mar.

26 131% Jan.
31 101% Jan.

Mar.

1!

92% Mar,
92% Mar,

99

♦♦(Amended) 1st cons2-4a

Jan.

27 108
Mar. 10
11
90% Jan. 10
16 103% Jan. 10

33% Mar.

2

62

Feb. 24

6 105
Mar.
8
102% Jan.
20
Mar. 18 23
Jan.
7
106
Jan. 28 108% Jan. 17

8

Mar.

93

95%

—

37

2
Mar.
33
Mar. 21 109

28% Mar.
21% Mar.
20% Mar.

97

8

Sale

29

Jan.

30

104

53

59

M

98

17
25

3% Feb. 25

2

Mar.

15

Feb.

42

Mar. 21

25

95

93%
95%
84
95

4%a

5

11
5

31

Sale

92

101

Feb.

2
112% Jan. 27 113% Feb.
Jan.
5
107% Jan. 27 109
5
109
Mar. 31 110% Jan.
104% Jan. 10 107% Feb. 23

5

26

97

62

101% 102
95%
97

7
24

Jan.
Feb

3

Mar

Mar.

24
Feb. 14

Feb.

5% Mar.

13

50

7
19

Jan.

10% Feb. 17

33% Mar
16
Mar

9% Mar.
9% Mar.

28

Jan.

Mar.

37

88% Mar.

8

♦General Elec

30 107% Mar.

48% Mar.

95

Proof of claim filed by owner

Mar

105

Feb.
Mar.

98

92

1942
30-year deb 4s series B........1954

30 113% Mar.
3 109
Mar.
31 110% Mar.

96%^

S

f 4s stamped....

112% Mar
108% Mar
109
Mar

16
8

Mar.

10

42

53%,
76%
71%

S

5s International series......1942 M
First Hen s f 5s stamped
1942 M

15.000

Mar. 24

107% 107% Mar. 14 108
80
75
70
Mar, 11
50
81% 70
3 102%
102% Mar.
102% 106% 102% 104
132
131%
94% Mar; 31 101%
100% Sale
94% Sale
107% Mar 16 109%
109%
Sale
105
103
Mar, 25 103%
103
103
90%
79%
95%
95%
103%
102%

1947 M N

§*3d mtge 4%a

♦Debenture

5% Mar.
3

2
33
Mar.
Mar. 21 104
102% Mar. 30 105
Sale
22
20
Mar. 18
20%
Sale 107% Mar. 26 108%

51

Ernesto Breda Co 1st mtge 7s.... 1954 F A
Fairbanks Morse deb 4s.........1956 J D
Federal Lt ft Tr 1st s f 5a
1942 M 8

5,000
8,000

4

Mar.

7
2

30

53

1957 J

f 4s

♦N Y 5c Erie RR ext 1st 4s

92,000'

Mar.

9%

Mar.

15

4% Mar.

104

J

1953 A

4s Series D

1927 ..1967
♦Ref 8c Imp 5s ser 1930
....1975
♦Erie 5t Jersey 1st a f 4s......1955

12,000
2,000

4

37

o

♦Ref 5c Impt gold 5s ser

1,000

1

107

89%
95%
103% 106%
131%
98% Sale

J

Erie 5c Plttsb gen gu g

s

1

5

6

4% Mar.

103

40

110

107%

21% Sale

109

J

112% 113% 112% Sale
108% Sale
108% 109
Sale
109% 110% 109
106% 107% 104% 105%

107% Sale

170,000 {♦Erie RR 1st con 5c prior lien 4s 1996
♦let consol gen Hen 4s
204,000
1996
♦Conv £ 4s Ser A
140,000
....1953
♦Series B.
1953
56,000

1st lien

Mar.

Mar.

7% Mar.

13

Mar.

80

10

102%
102% 105
22
15
23%
Sale
108
107%

98

20*000

108%
14%

Mar. 19

8% Mar.
10

106% Feb.
107% Jan.
8% Mar.

Mar. 15

107% Mar.

"16""

103%
107%
108%
108%

Jan.

106

108

Mar.

107

9

Mar. 22
9
54% Feb.
108% Mar. 18

106% Jan.
103
Jan.

7

106% Mar. 28 107 % Mar.

Feb.

52

Mar.

28

9
8
7

108

105% Feb.

Mar. 22
Mar. 31 108
1
28
Mar. 31
50% Mar.
108% Mar. 18 108% Mar. 18
Mar. 17
103% Mar.

Sale

3%

33

96%

"isT, 555

107%
107%

4

Jan.

39% Mar. 29

44% Mar. 25

39% Mar. 29
106

33

O

101,000
25,000
5,000
45,000

38%

9%

55

O

858,000
21,000
4,000
23,000

34

41

43
Feb.
54% Feb.
58% Feb.

31

Mar. 28

52

Sale Prices

Sale Prices

Mar. 26
31% Mar. 31

1
1

37% Mar.
46% Mar.

Mar. 30

43

44

7
Sale

70

108% 110
Sale
103

1965

5s stamped

949",555

Mar. 26
31% Mar. 31

4%
4%
4%
5% Sale

38

1965
B.1940
1940

El Paso At S W 1st 5c ref 5s

conv

40

107
Sale

107% 108
UM Sale
14%
7H Sale

38

M N

1941
12,000 Elgin Jol 8c East 1st g 5s
28,000 El Paso Nat Gas 4^1 series A....1951

♦Gen

52%
48%

107

4%
40

Sale Prices

31

31% Sale
31% Sale

Sale
107% 107% 106
Sale
28
50% Sale
108
108%
103%
103%

107

Highest

Sale Prices

Ask

Highest

Lowest

—

4)jii8flesD........1961

Gen & ret

Bid

51% Sale
106% Sale
103
104%
106
106%
107%
107 %
12% Sale
15
12%
7
5%
7
5%
9%
8%

M N

J

107 %

Ask Bid

Ask

50

Lowest

Mar. 31

Mar. 1

1938
Bid

145,000

1

Jan. 3

STOCK EXCHANGE

Value

RANGE SINCE JAN.

PRICES IN MARCH

Price

BONDS

Match

Jan.

18 108% Feb.

27
115

Mar. 25

102

1

52

27
Mar. 25
31 119% Jan. 14
Mar. 30
60
Jan.
6

37

Jan.

Jan.

26

38% Feb. 17

April, 1938]
Sales in

N. Y. STOCK

RANCE SINCE JAN.

PRICES IN MARCH

Price

March
.

EXCHANGE—BONOS

BONDS
M. Y. STOCE EXCHANGE

1938

1

Jan. 3

Value

$
112.000 Houston Oil sink fund 514s A...
892,000 Hudson Coal 1st s f 5s series A-.
25,000 Hudson County Gas 1st 5s......
257,000 Hudson 5c Manhat 1st 5c raf 5s A.
a Adjust in com* 5s
518,000
..Fab
76,000 Illinois Bell Telep 3Hs set B.._.
10,000 Illinois Central 1st ft «s..........
1st gold 3H<
Extended 1st 5 314s
1st Hold 3s sterling

67,000
81,000

112",000
25,000
602,000
5,000

......

Bid
1940 MN
1942 i D
1949 MN
1957 F

A

1957 A

O

A

O

1970|

1951 J
1951 J

J

J

1951 A O
1951 M P

Collateral trust gold 4a...... 1453 A O
Refunding 4s................. 1955 MN
I
1952 J
Purchased lines 1st 314s

Coll tr g 4s................... 1953 MN
Refunding 5s................ 1955 MN
194* F

...

A

lew

44-year 414 s
Cairo Bridge gold 4a......

r

Litchfield Dl? 1st g 3a........ 1951
Louis? Di? 51c Tor g 314s...... 1953 J
Omaha Dl? 1st g 3s.......... 1951 F
St Lou Dl? 5k Term g 3a
1951 J
Gold 3 Ha
,1951 J
...

Western Lines lev g 4s

...

Ask
Sale

3054 Sale
120
12154
54
5254
1854 Sale
10754 10854
98
93
93

54""

103
99
99
93
Sale

4754 Sale
6254

"44"
55

Sale

Sale

3554 Sale
10354

J

A

82
80
80

J

Bid

65

J
J

1951 F

80

A

Mar. 31

Ask Bid

Ask

10054 10154
9954 Sale
16
Sale
2254 Sale
12054
12054 Sale
40
Sale
5354 Sale
-----

20
109

9154

Sale
Sale

12

Sale
9254

46

85

91

7754
7754

Lowest

Highest

Highest
Sale Prices

Sale Prices

Sale Prices

Sale Prices

9954 Mar. 23 10154
13
Mar.
5 2254
11954 Mar. 12 12054
40
Mar. 31
5354
21
1154 Mar. 31
10754 Mar. 22 109
Z9154 Mar. 1 9154

Mar. 2
Mar. 1
Mar. 26
Mar. 2
Mar.
Mar.

2
1

Mar.

1

85

Sale

35

5354
3954 Sale

.....

5154
55
3654 Sale !
9854
5954
8154
7954
,

..._.

9954 Jan.
13

Mar.

11954 Feb.
31

4 10154 Feb. 25
3054 Jan.
3
5 12054 Jan. 10

4

Mar. 31

56

Jan.

17

Jan.

17

Feb.
Jan.

Jan.

10
17
12

54 - Jan.
4954 Jan.

3
17

1154 Mar. 31 2354
10654 Jan. 27 109
9154 Mar.
1 98
88
Jan.
7 9354

95

93
38

3754 Mar ."30

47""

Mar.

Mar. 30

47

Mar.

3
1

3754 Mar. 30

35

35

Mar. 30

32
40 54
23
78

Mar. 25

4054 Mar.

2

32

Mar. 25

"45 H Jan? "II

Mar. 31

51
Mar. 3
37 54 Mar. 1
7954 Mar. 14

4054 Mar. 31

Mar. 29
Mar. 29

5554 Jan. 17
3854 Feb. 25
7954 Mar. 14

33

50
Sale

4054
2454

Sale
Sale

.....

76
63

84

Mar. 29

Jan.

21

73

Jan.

4

29

Mar. 31

4654 Jan.

8

28

6954

78

Mar. 30

42

Jan.

8

"72"" JanT'21

7454
7254

7954

Mar. 29

80

7454
7654

23

72

8154
6954

80

.....

Lowest

40

51

47

Sale

10754 108

::::: *93""

75

J

1951 1

Sprlngf Dl? 1st g 314s..

108

Mar. 1

90

90
80

"50""

75

Jan.

4

111 Cent ft Chic St L ft N O—

442,000
132,000
77,000

4,000

150,000
1,836,000
23,000
296,000
664,000
72,000
134,000

Joint 1st ft raf 5s

ser

44

1963
1940
1944
Ind 111 ft la 1st gold 4s
1950
l+Indlanapol ft Louis? 1st gu 4a 1956
Indianapolis Union Ry—
Ref ft lmpt mtge 354* ser B
1986
Inland Steel 354s series D.......1961
....

Interlake Iron
Int Agrl Corp

...

1932
1932

1st ft coll ctf

M

8

F

A

J

AO
M

S

-

O

10054
10454 Sale
49
Sale
1654 Sale
4654
55
4954 Sale
72
Sale

Stamped extended to.......1942

M N

106.000
128,000
16,000

t'Internet Gt Nor 1st 6s A
1952
•Ad| mtge 4a series A.Joly 1 195;

J
o

♦1st mtge gold 5a series B
.1956
♦1st gold 5a series C. ........1954
Internet Hydro El deb 4s
1944

J

53,000

1955 F

Deb gold 5s

tlowa Central Ry—
•1st ft ref 4s

10054 10054
17

M

*6854

5354
8654 Sale
70

8054

86
95
Sale

89

81,000
30,000
33,000
217,000
200,000
61,000
1,000
1,000
5,000

42",000

Kanawha ft Mich 1st gu g 4a
1990 A O
A O
t**K C Ft 8 ft M ref g 4a
1934
♦Ctfs of dep (Bankers Trust)......

I960 AO

Kan City South 1st g 3s..
Ref ft Imp 5s.

AprlU95S

J

J

3
Kan City Term 1st 4s
1940 i
Kansas Gas ft El ist mtge 454S..1980 J D
♦Karstadt (R) Inc 1st Mtge 4s...1943 MN

♦Ctfs
♦Ctfs

atpd (par $645)
stpd (par $925)

w w
w w

1943
MN
1943

♦With warrants (par $925) ....1943
Keith Corp (B F) 1st ser g 4s
194*

Mi
J

19*1 J

254

175,000
50,000
123,000
29,000
23,000
1,000

3
79

97

Sale

91

J

27

34

Sale

6954
70
5854
62
10854 1 "
10554 105
37

1454

4754
1654

23

8254

.....

8554

Kresge Foundation coll trust 4s. 1945 J
354* collateral trust notes....1947 F
tKreuger ft Toll class A
Uniform ctfs of deposit.__1959 M

J
A

S

18

19

10654 Jan.

Mar. 18

87
Jan?
1254 Jan.

90
20

102

4354
4254
10

Sale

Sale
Sale

1054

13

Mar. 18

13

Mar, 31 106
4254 Mar. 30 5654
5354
4254 Mar. 31
193
10
Mar. 30

102

17

3

90

Feb. 21

Mar. 10

Mar. 15
Mar. 22

1354 Jan.

20

10054 Jan.

25

102

106

Mar.

Mar. 10

4254 Mar.
4254 Mar.

5654 Mar. 15
5354 Mar. 22
Jan.

13

5

10

Mar.

23

58

Mar. 14

40

Mar

5354 Feb. 28

56

Mar.

4

40

Mar.

56

Mar.

80

Mar.

1

68

Mar.

81

Feb.

3 10054 Mar.

1

100

40

Sale

40

Sale

40

Sale

Sale

68

10054 Sale

100

Sale

100

Sale

13

Sale

13

Mar. 25

3

Sale

3

Mar. 30
Mar. 25

80

4 107 h Feb. 24

10014 Jan.

.....

40
68

5354 Sale
5354

"48 "

5

1854
1854
Sale

1154
1154
4854

1854
14
Sale

Sale

37

Sale

8654 Sale
7854 Sale
8054 Sale

78

94

5754 Sale
Sale

62

254

Sale

3

8154

54

Sale

77

Sale

80
39 54
75
42 54

154

61

9354

7054
94

85

Sale

Mar. 31
Mar. 31
Mar. 31

Mar.

Mar.

19 10054 Mar.

Mar. 25

3

Mar. 30

1454 Mar. 25

Mar. 25
48K Mar. 3i
(Vlar 31

Mar.
Mar.
Mar.
Mar.

71

Mar.

4854 Mar. 31

51

Mar.

81

Mar. 28

87

Mar.

37
81

54

Mar. 31
Mar. 31

7854 Mar.
8054 Mar.

Mar. 25

90

It*

.

77
82

3954 Mar. 31

14

54

77
82

Mar.

Sale

75

4254 Mar. 31
154 Mar; 26

254 Mar.

4

Mar.

3

59

9354 Mar.

3

Mar. 31

Mar. 25
Mar. 31
Mar. 28
Mar. 31
Mar. 31
Mar. 25

3954 Mar. 31

Sale
254

Jan.

13

1954
454
1554
1554

5854 Mar.
8854 Mar.
6354 Mar.

56

9054

75

Mar. 31

4254 Mar. 31

2854
27
69

10754
15154
75

2954
2754
Sale

2254

10454
98

101

10054 101
9854
99
8554 8654
28

2854
88
Sale

Mar. 26

9054 Mar. 31

24

4
24

1

1954 Feb. 11
554 Jan. 10
19

Jan.

19

Jan.

8
8

7254 Jan.

12

51

Mar.

3

9454 Jan.
8354 Jan.

8
18

Jan.
Jan.

26
7

5954 Jan.

14

Jan.
6354 Jan.

14

82
94
90

14

Jan.

5

9054 Mar. 31

7854 Jan.
9854 Jan.

17
12

90

154 Mar. 26

3

61

E8~~

6454

Mar.
Mar.

65

Mar.

23

Sale

6454
4454
4454 Mar.
10754 Sale
10354 Sale 10354 Mar.
106
10654 105
10554 10454 Mar.
37
40
Mar.
m* 37
22
19
Mar.
1754 27
1754
23
23
30
2354 Mar.
25

8154

Mar. 15

23

Mar. 30

2954 Feb. 10

w*
69

Mar.

2

21

Mar. 21

Mar.

1

6454 Mar.
Mar.
108

2

Mar.
2
Jan. 13
Mar.
2

Mar.

2

Mar.

106

107

40

Mar." 5

40

19

Mar.' 5

1454 Jan. 10
2354 Mar. 12

2454 Mar. 24

4954
49

17

4

28
Feb. 16
2054 Feb. 24
Mar. 24
Jan. 17
27
Feb.

87

Mar.

3 10854 Jan.

8

3

9954

95

95

Mar. 21

95

Mar. 21

76
97

Mar.
Mar.

Sale

90

98

98

8754
—2754

88
Sale

80
49

Sale
52

47

62

41

41

85
Sale

Sale
4354
4754

96

Mar.

8754 Mar.
2754 Mar. 28

95

153

.....

3054
87

Jan.

8154 Mar. 31

Jan.

41

95

9954

15254
80
71
78
I 7354 Mar.
9854
9254
9654 Mar.
101
9954 10354
10154 Mar.
98
98
Mar.
9954 98
9854
10254 Sale 10154 Sale
101
Mar.

60
58

8

10854 Jan.

75

9154

Mar.

5

95

9754

100

87

107
96

.....

8154 Mar. 31

24

2754
65
Mar. 21
7154
4454 Mar. 30 6454
10354 Mar. 28 10854
104
Jan. 24 10654

27
Sale

Feb. 24

Feb.

29

25

8354 "90""

Mar. 26

90
21

Sale

152

8354
108

Sale

59

84

95

5754 Sale
4954
5354
4954
62

Collateral trust 4s series B....1942

454
1554
1554
6554

98

57

1953

Col ft ref g 554* set D....... 19*0
Coll tr 6s series A
....1942

19

....

85

Laclede Cas Lt ref ext 5a........1939

554* series G

10854 Sale
9854

J

Purchase money 4s.....
...1997 A O
Kings Co Ele?ated 1st g 4s.... .1949 F A
J
J
Kings Co Lighting 1st raf 5s
1954
1st ft ref 454s
.1954 J J
J D
Kinney (G R) 554* extended to..1941
Koppers Co 4s series A
...1951 MN

Coll ft ref

9954
10554 Sale
5254 Sale

4154 Mar.
36
Mar.

100
.....

78

25

J

Plain

♦5s

90
20

Mar. 31
Mar. 30

'

J

454s unguaranteed...........19*1 J
Kings County Elec Lt & Pow—
48,000
2,000
1,000
1,000
170,000
117,000
36,000

Sale

27

Kentucky Central 1st gu 4a
1987 J
Kentucky ft Ind Term 1st 454*-. 1961 J
Stamped
1941 J
1,000

13

Sale

61

8

James Franklin ft Clear! 1st 4s.. 1959 J D
Jones ft Laugblln St'11st M 4J4a. 1961 M S

Sale

"5754

I

8,000
150,000

17
Sale

42

A

1951

Sale

554 Sale
28
1654

J

o
485,000
70,000 Int Merc Marine 1st s f 4s
1941
71,000 Intern Paper con? 6s series A...1947
120,000
Refunding 4s series A........1955 M 8
22,000 Int Rys of Cent Amer 1st 5s B
1972 MN
P A
First lien ft ref 4Hs..
10,000
1947
337,000 Internet T ft T deb g 454s
1952 J J
J
Conrertlble debenture 454s...1939 J
743,000

564,000

78

29

28

10654 Mar. 28 10754 Mar. 11

5a—

41,000

15.000

41
Sale
2954 Sale
Sale
3354
4054 28
10754 10754 10654 Sale

102

9654
1254 Sale

deb 4s......1947 A

con?

Sale

a!0654 Sale

tlnterboro R T 1st ft ref 5s
1944 I
'Certificates of deposit.......

"19-year 4% notes.
•♦lt-year 7% notes......
♦Certificates of deposit

Sale

39

1943

A...

4Hs series C
Illinois Steel deben 4 J4a
Ind Bloomlngton ft W 1st 4s

9
2

10154 Mar. 24
98
Mar. 30
10354 Mar. 7
10054 Mar. 5
9254 Mar. 8

3054 Mar.

4

71

Mar. 21

Feb.

Jan.

95

15 155
31
78

Mar. 21

Feb. 23
Jan.

8654 Jan.

4

9254 Mar.
3154 Jan.

25
12
13
12
17

88

Mar.

2

85

Mar.

4

48

Mar. 31

9054 Jan.
6154 Jan.

60

Mar.

4

47

Mar. 31

60

4254 Mar. 30

52

Mar.

5

4254 Mar. 30

Mar. 29

44

Mar. 29

47

Mar. 17
Mar. 31
Mar. 31

Jan.

6

44

Mar. 29

89

44

8

2754 Mar. 28

61

85
48

11

9 10054 Jan.
6
101 * Feb. 10 10354 Jan. 17
Mar. 30
98
Mar. 30 98
5 10354 Mar.
10054 Jan.
7
96
Mar. 29 10054 Jan. 14

9654 Mar.

Jan.

Jan.

5354 Jan.
44

Mar. 29

Lake Erie & Western RR—
5s 1937 extended at

2d gold 5s

52,000
240,000
20,000
3,000
45,000

40",000
13,000
8,000
12,000
5,000
59,000
556,000
130,000
89,000

13",665
27,000
102,000
177,000

273~665
48,000

"9", 000
5,000
19,000
34,000
80,000
54,000
218,000

91

3% to..... 1947

9554

.1941

Lake Shore ft Mich Sou g 354*
Laiitaro Nitrate Co Ltd—

102

1997

3

65
94

1945 M S
1944 F A
...1954 F A

Lehigh ft N Y 1st gu g 4s
Lehigh Valley Coal 5a
1st ft refunding 5s......
1st ft refunding 5s....

6654

Sale

31

F

...1944
F
First ft ref sinking fund 6s
1974
Leh Vail Harbor Term 1st 5s

1954 F
J

A

22

35

A

62

Sale

2954
3154

Sale
Sale

1944 A O
1951 F

A

debs...1947 J D

Little Miami gen 4s series A
1942 MN
Loew's Inc s f deb 354*-...——.1944 F A
Lombard Blee 7s series A........1952 J D
Long Dock Co 354s ext to.—...1954 A O

Long Island gen g 4s.........—1938 J D
Unified gold 4s
1949 M 8
Guar ref gold 4s.....
..1949 M*
...

............1949 M S
Co deb fs
1944 A O

4s stamped..

1951 F

A

Louisiana ft Ark 1st 6s aeries A..1949 J

3

5a

For footnotes, see page




30.

5654

124

Sale

10454 106
10754 11054
9654 Sale
64

~QQ
10054
8354
8554
84
127
120
72

87

8654

30

2454 Mar. 31
4854 Mar. 31

Mar.
2654 Mar.
22
Mar.

Mar.

36

Mar. 23

2654 Mar. 12

30

Mar.

22

Mar. 22

2754 Mar.
5054 Mar.

22

Mar. 22

36

Mar. 23

50

Mar.

36

Mar. 22

24

Mar.

1154 Mar. 31

Mar.

13

48

85

Sale
88
4454
96
42
2154
2454
40
3754

Sale

Sale

17
31
28

1254

Sale

13

Sale

1854

Sale
5954

41

115

11354 124

Mar. 30

94

22

36
36

Mar.
Mar.
Mar.

1154 Mar.
13
Mar.
17

115"

Mar.

1

5

IVi Mar.

Mar. 11 11554 Mar. 11

Mar. 22 130
Mar. 11
12954 13054 129
13054 129
123
124
12154 Mar. 25 123 54 Mar. 5
12154 127
99
Mar 31 10554 ^.ar. 3
99
Sale
10554 Sale
.

9854
6054

Sale
62

73
100 56

8554
87
86

129

12954

122

117

Sale

Mar. 3
Mar. 16
Mar. 18
Mar. 15

Sale
Sale

2354 Sale
2354
2554

101

"86""

3154
5854
5654
9354

2454
48 54

9454
2554

7754

9454 Sale
5554 Sale
.;
73

9454 Mar.
5554 Mar.

10054 Mar.
87
Mar.
80
Mar.
89
83
Mar.
8854 :::::
Sale
12654 Mar.
12754 Sale
Sale
116
11754 11654 Mar.
64
Mar.
Sale
64
Sale
100

"87-

B*

Jan.

2454 Mar.
4854 Mar.
48
Mar.
85
Mar.

32 54
65
58

9954 Sale
3554
32
2754
2754 Sale
50
5654

93

9054 Jan.
13 9554 Jan.
27 102
Jan.

Mar.

94

3

22

99

Sale

.....

13054 132

9554 Jan.

9154
94

9454
4454

48

50

3854 Sale
8454
11754 124

80

99

6254
40
Sale

.....

6s

80
95

31

Ry 1st go g 6s.....1941
Las ft East 1st gu 5s....
1945 A O
Liggett ft Myers Tobacco 7s

W*
73

A

J
Leh V (N Y) 1st gu g 454*
1944
Leh Val (Pa) gen con g 4s ......3443 M N
Gen cons 454s...
.......3443 M N
Gen con sol 6s
2443 M N
A O
Leh Vail Tor

Lorillard (P)

9354

J

Lehigh & New Eng RR 4s A

con?

9954
Sale

1965 A O

Dec 31 9175
Lehigh Coal ft Na? 454* set A...1954
Cons sink fund 454* ser G.....1954

Liquid Carbonic 4s

89

2954
7054

♦1st mtge income reg

...

95

9854 Mar.
6254 Mar.
1005f, Mar.
87

8754
8854
12954
11854
7754

Mar.

Mar.
Mar.
Mar.
Mar.
Mar.

10

Jan.
Jan.
Jan.

17

Mar. 31

71
65

85

Mar. 30

95

66

Jan.

17

3

3254 Jan.

48

3

4
13

7
12

9954 Feb. 28
45

Jan.

12

Jan.

10
11
3
6054 Feb. 23
Jan.
7
Jan.
32
3
Jan. 12
40

40
62

Jan.

7 118

Mar. 31
Mar. 29

Jan.

Jan.

4

Jan.
Mar. 22 131
Jan.
12154 Mar. 25 126
99
Mar. 31 10654 Jan.

5
19

9954 Jan.

6354 Jan.

19
18

Jan.

4

11354 Feb.
129

9454 Mar. 31
5554 Mar. 31
75
Jan. 12

90

11

17
Mar. 10
8854 Jan. 12

10054 Mar. 28 10054 Jan.
85
80

Feb. 14
Mar. 28
Mar. 22

87

83
8854 Mar. 2
1
12654 Mar. 28 12954 Mar.
4 12254 Jan. 17
11554 Feb.
26 7954 Feb. 26
6054 Jan.

26

N. Y. STOCK EXCHANGE-BONDS

Sales in
March
N.

EXCHANGE

STOC

7.

Louisville Gas & Elec 31966 M S

42,000

l ou

1945 M

& Jeff Bridge gu g 4s

8

1

Jan. 3

if

1938

Mar. 1

Lowest

Mar. 31

j

103% 104
106% Sale

Sale Prices
Ask
Sale Prices
Mar.
2
102% Sale 102% Mar. 31 104
104% 105
Mar. 26 107% Mar. 4

103

100% Sale

Ask
Sale

1031
106 J

Bid

Highest

Lowest

Highest

109%

Bid

A
0,000

RANGE SINCE JAN.

PRICES IN MARCH

Price

BONDS

Value

Ask Bid

Sale Prices

Sale Prices

26

102% Feb.
105
Feb. i

104

Feb.

99% Mar.

105

Jan.

3

Mar.

102

Jan.

6
28

107% Mar.

4

Louisville & Nashville RR—
Unified gold 4s.

1940

106

Sale

1st Ac ref 5s series B

715,000
38,000
121,000
58,000

2003

100 H
93

Sale

1st At rsf 4Hs aeries C___

1st Ac ref 4s

87,000

ser

...2003
2003

D

1st At ref 3%i series

$8
77%

E.........2003

St Louib Div 2d gold 3s
Mob At Montg 1st g 4 Vis

8,000
25,000
18,000
1,000

1980
1945
1952
1955

South Ry Joint Monon 4s...
Atl Knox Ac Gin div g 4s
Lower Austrian Hydro-EltciHi.

J

112"

J

20-yr 48

87%
80%

M N

nv~

A

80% Sale
111%
77

VI

\

99
99

J

D

89

J

D

55

A

O

40

82

106% 113
98

M N

79% Sale
79
70
Sale

75

89
85

99%

90

99% Sale
93% Sale

Sale

86
55

45
44

40

218,000 {♦Manhattan Ry (N V) con g 4s..1990
♦Certificates of deposit.......
117,000
♦2d 4s
2013
7,000
10,000 Manila El Ry At Lt 1st 5s
1953
9,000 Manila RR South Lines 1st 4s...1939
1st ext 4s
1959
1,000

42%

23%

25

"29"

22 %

A

Sale

28J

40

J
M

D

Mead

82,000 Metropolitan Edison 4 H* ser D..1968 M
24,000 Met Water, Sewer Ac Drain 5%«..1<>50 A
14,000 ♦{♦Met West Side Blev (Chic) 4s. 1938 F
♦4s (Sept 1914 coupon

3,000 ♦Mlag Mill Mach 1st

s

108

Sale

O

101

102%
6

A

5%

on).....1977

M

iH
2

S

%

1956 J D

f g 7s

*31*"

2

92

79% Mar.

Mar.

1
4

Mar.

77
70

82

5

Mar.

a90

993
933

Ill

4

107% Mar.

5

74% Feb.
106% Jan.

Mar.

7

o90

Mar. 31 101]
Mar. 31 1001
86
Mar. 11

Mar. 18
Mar.

8
2

Mar.

Jan.

98

Mar. 25

51

Mar. 11

Mar. 18

40

Mar.

3

Mar.

80
45

35

Mar.

Mar. 29

20

Sale

17% Mar. 31

Sale

17
10

Mar. 31
Mar. 25

28% Mar. 15
32% Mar.
30% Mar.

5
5

Jan.

70
85
70

65

75

70

Mar. 29

72

93
70

88

Mar. 16

91

Mar. 29
Mar. 24

70

Mar. 18

70

Mar. 18
Mar. 25

4

Jan.

41%
28%
32%
31%

Feb.

6
10

Mar. 15

13
13

Jan.
Jan.

14

Mar. 18

72

Mar

91

Mar. 24

70

Mar.
Mar.
Jan.
Jan.

10

90

Jan.

45

17% Mar.
17
Mar.

Mar. 18

99

55

Mar.
Feb.
Mar.

20

14

6
5

101% Feb. 25
100% Mar. 8
91% Jan. 13

99% Mar.
93% Mar.

80
45

Jan.

Mar.

107% Jan. 12
1
80% Mar.
Jan.
3
112
Jan. 11
80
6
111% Jan.
98% Feb. 17

Feb.

78

8

Mar.

80

90

Jan.

.

29

24

25

87

85

Mar.

Mar. 30

82

Mar.
Mar.
Mar.

17

80

90
82

Mar.

70

111% Mar.

Mar.
Mar.

13

"70"

77

Feb.

105% Jan,

18

30

25

8

1977 M S

♦Mex Internat 1st 4s asstd

70

66%
76%
84% Sale
98
98%

1945 M N

Corp 6s with warrants

72
88

25

Marlon Steam Shovel

74,000

99
90
80

72
85
70

3

41

12'

12%

8

M N

M N

J
{♦Man G B At NW 1st gu 3%a...l<>41 J
s f g 6s
1947 A C
24,000 Market Street Ry 1st 7e
Apr 1940 Q J

14*666

Sale

45

21% Sale

0

Mar.

98

35

60

40

84

87%

57
48

91%

2

93% Mar.
87% Mar.

Mar.

92

80
Sale
111% Ill
76%
76% Sale
106%
106% Sale

100% 101%
100

103% Mar.

79% Mar.

80

93

Sale

99% Mar.

105

Feb 1 1957 MN

f

8

Sale

107
Sale

84%

♦Certificates of deposit

89*666

90

80%

90

Sale

93

*96""
M S

1944 F

43,000 McCrorv Stores Corp s f deb 5s_.1951
225,000 McKesson A Robblns deb 5 Us
1950
13,000 Maine Central RR 4s series A....1945
Gen mtge 4 J^s series A
34,000
1960
3,000 ♦{♦Manutt Sugar 1st s f 7 hi*
1942

97%

107 %

Paducah & Mem Div 4s.......194(>

"4", 660

Sale

90

65% Sale
86% Sale

65

Mar. 26

70

86

Mar. 21

Sale

94

Mar. 31 100

88% Mar. 25
Mar. 3

94

99% Sale

108% Sale 103% 107% 107% Mar. 29 109
100% Mar. 31 102%
102% 104
100% Sale
6%
5% Mar. 30
6%
6%
5% Sale
5%
1%
5%
2%
24
Mar. 14 24
20

Mar.

4

Mar. 14
Mar. 4

Mar. 26
90
Jan.
3 97
Jan. 31 100

65
84
94

Feb. 16
Feb. 10
Feb. 28

107% Mar. 29 109
Mar.
4
100% Mar. 31 103% Feb.
8
5% Jan. 21
6% Feb. 18

-

20

Mar. 14

Mar. 14

24

24

Mar. 14

Michigan Central-Detroit Ac Bay

City Air Line 4s
Jack L Ac S gold 3%a
1st gold 3

119,000

1940 J

1952 M N

1951

1979 J

Ref fit Imp 4%s series C

"*8*666

M

{♦Midland of N J 1st ext 5s

103

J

IV

1940

100% Sale
99

Con ext 4%s

3*1*666
47,000

113*666

1949 M

♦ist Ac refund gold 4s
♦Ref At ext series 5s A

8

Sale

l!i
'10%

cons

5s

1938

6%

♦Ist

cons

58 gtd as to int...1938

12%

{M

St

P

Ac

S

S

M

9

7

St Chic Term s f 4s

1941

18% Mar. 11
Mar.

2

97% Mar. 31 100% Mar.

2

98% Mar. 30 101

12
5

3

Mar. 15

77

Mar. 15

60

Jan.

14*

Mar. 25

*19

Mar. 10

14

3
2%
7% Sale

6% Mar. 2
2% Mar. 16

4

Mar. 31
Mar. 26
Jan. 31

3

Mar. 31

Mar. 26

Jan.

10

Jan.

13
4

Jan.
Jan.

12

Jan.

11

Jan.

19

77

Mar. 15

4

60

Jan.

Mar. 25

20

Feb. 23

4

Jan.

11

4

Feb.

16

Mar.

6% Mar.

2

4

Mar.

7

69

Mar.

5

28% Mar.

8

25

Mar. 26

34% Jan.

64% Mar.

3

48

Mar. 31

67

28% Mar. 31

47% Mar.

2
3

28% Mar. 31
28
Mar. 29
35
Jan. 25
10
Mar. 31

48% Feb. 24
42% Feb. 24
45
Feb. 26
23% Jan. 12

Mar. 31
Mar. 11
Mar. 31

25% Feb. 26
23
Feb. 26
8
Jan. 10
25% Feb. 25
23
Feb. 26
25% Feb. 26
23
Feb. 26
6% Jan. 11
25% Feb. 26

25

25

Mar. 26

Sale

48

Mar. 31

4%
71%

31
28
30
30
30
10

3
8

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

13%

"13% Mar.""9

6% Feb. 28
3% Feb.

7% Mar.
5% Mar.
7% Mar.
3% Mar.
2% Mar.
60% Jan.

7%
5%
7%
3%
2%
60%

Sale

2
3

%

8

67

77

Mar. 17

1%

6%

Mar.
Jan.
Feb.
Mar.
Mar.

77

Sale

4

3
Sale

31
28
30
30
30
30

8

13

Mar.

14

8% Feb. 17
14% Feb. 18
6% Mar. 2
5% Jan.
3
69

Mar.

5

MN

A.. 1959 J

J

34

47

28

39%

18%

19®o J

D

67

68%

62

66

48

.......1962 i

J

ser

16% Mar. 16

29 103
20 89%
3 19%
30 102
31 101%

93%
87%
15%
98%
97%

Term

Cent

21,000 {♦Missouri-Illinois RR 6s
87,000 Mo Kan At Tex 1st g 4s

96% Mar. 15

50

14

3

66

,

93% Mar. 29

.....

6%

*13*"

5% Sale
60

IV
55

2%

a?*
Sale

3

1978

Ac

US
6

Sale

1949

15-year g 5Hs..
♦1st ref 5 Hi series B_

*51*"
v

Sale

1946

♦

95

60

2%

♦1st

♦1st At ref 6s series A

77

83

55

19*2

{♦M St P At S S M 4s atpd guar... 1938

38,000
47,000
35,000
23,000
102,000

75

tm

1939

At N W 1st gu 4s
1947 M 8
J
{♦Milw Ac State Line 1st guar 3%*1941 I
{♦Minn Ac St Louis 5s ctfs
...1934 MN

19,000 {♦Mil Spar

95

40%

...1939

....

19

100% Sale
99% 100

Sale

60

92% 96
52% 79%
15%
15%
98% Sale
97% Sale
51
94%
51
94%
55
13% 15

100%
85%

*16%

8 101

89

89

104
91
24

Jan.

100

97%

100

89

S

217,000 Milw El Ry Ac Lt 1st At ref 5s ser B 1961
1st mtge gold 5s
108,000
1971
1,000 {•♦Mil Ac Nor 1st ext 4%a (1880).. 1934
1st ext 4Hs...__.

102

J

Jan.

Mlssour-Kansas-Twas RR—

264,000
61,000
2,000
154,000

Prior lien 5s series A

47% Sale
40%
41%
45%

J

40

1978 J

J

38%

1967 A

O

23

♦1st At refund 5s series A.....1965 F

S

Pr lien mtge 4%« ser D
♦Cum adjust 5s series A

Jan

Sale

49
Sale

28

Mar. 29

42

Mar.

37

Mar. 16

10

Sale

37
10

Mar. 16

Sale

Mar. 31

23% Mar.

24% Sale

20% Sale

1962 J

40-year 4s series B

28% Sale
29% Sale

22

45% Sale

17

Sale

17

Mar. 31

17

Mar. 11

Sale

17
4

24% Mar.
1
18% Mar. 15
Mar.

2

4

24% Mar.
21% Mar.
24% Mar.
22% Mar.
5% Mar.
24% Mar.

2
4
1
3
1
1

30

2

{♦Missouri Pacific RR Co—

135,000
8,000
539,000
455,000
35,000
225,000
8,000
380,000
150,000

3*64",000
18,000

1975 MS

5s

ser

1978 MN

G

-A949

9,000 Mohawk Ar Mai

July 1938

ser

J

20%

M

S
.

.

_

.

.

107

Gen At ref

s

Morris Ac Essex 1st gu
Constr M 5s ser A

1955

24

1955

14

11%
18%
8% Sale
8%
13%

78
Sale

14% Sale
58

102%

Constr M 4Hi ser B..........1955 MN
Mutual Fuel Gas 1st gu 5s
1947 MN
Mutual Union Tel 5s
1941 MN
...

Sale

Sale

._—

National

78,000

17,000
22,000
5,000

61*666
153,000

"*2*666

Sale
Sale

80

60
71

50%

51

A

J

J

D

M N
M N

♦4Hs Jan 1914 coupon on. ..1957 J
♦4Hs July 1914 coupon on ..1957 J
♦4H8 July 1914 coupon off ..1957 J
♦Assent warr Ac rets No 4 on. 1957

70

Mar.

4

70

Mar.

4

16

Mar.

9

18% Mar.
14% Mar.
14% Mar.

2
1
4

Mar.
Mar.

1
4

8% Mar. 25
9

-

Mar. 25

57% Mar.

2

58

Mar. 24 105

Mar.

89% Mar.

104

Mar. 10

93% Mar. 18

Mar. 30

Feb. 26

23

16% Mar. 31
15
Mar. 31

23

Mar. 4 70
Mar.
9 21%
8% Mar. 25 14%
9
Mar. 25
14%
57% Mar. 2 58
101
Mar. 24 107%
70

Mar.

16

Jan.

99

Mar. 31 104

89% Mar. 2
86% Mar. 31

73

Mar.

74

Mar. 14

74

Mar.

74

Mar. 24

74

60

58

Mar.

65% Mar.

1

56% Jan.

52

Mar.

57

Mar.

1

52

45

Mar.

52% Mar. 5
112% Mar. 30

45

99

86% Mar.
99% Mar.

Mar.

7

100% Mar.

1

92

Feb.

26

25% Feb. 26
Feb. 26

4

12

Jan. 11
Mar. 4
Mar.
1

Jan.

5

Jan.

20

Jan.
Jan.

18
15

Feb. 23
Mar. 14

69

-

114% 112% Mar.

Mar. 24

27

Mar. 29
Mar. 25

74

Mar. 24

71% Jan.
62

Jan.

3
19

55% Jan. 15

112% Mar. 30 113% Jan.

19

105

65% 71%
22%
24
97% 100%
99% Sale
Sale

105

63%
67
22% 25
97% 100
100% Sale
104% Sale
1%
1%

J
J

61

Sale

18

Sale

61
18

97

Sale

97

93% Sale
100% Sale

63% Mar. 26
26% Mar. 10

100

Mar. 30
Mar. 31
Mar. 25

98

Mar. 21

93% Mar. 31 100% Mar. 1
Mar. 30 105% Mar. 15

61

Jan.

29

68

18
Mar. 31
28
96% Feb. 15 98
93% Mar. 31 101
100
Mar. 30 106

Jan.

5

Feb.

17

Mar. 21
Jan.

19

Jan.

6

Feb.

28

Feb.

23

Nat RR of Mex prior lien
4%s—
♦Assent warr Ac rets No 4 on... 1926 J
♦4s April 1914 coupon on .....1951 A

2%

J
O

♦4s April 1914 coupon off
1951 A O
♦Assent warr At rets No 4 on. 1951
Nat Steel 1st coll mtge s f 4s..._.1965 J D

2

2%
1%
1%
1%

2%

2%

107

Sale

1954 M N
1948 J

D

117

119%

5s guarl945 J

J

20

1945 J

J

25%

For footnotes, see page 30.

80

.

Sale

1

1%

2%

1% Mar. 30

3

1%

{♦Naugatuck RR 1st g 4s
cons

3

2%

2%

% Mar. 30

2% Mar.

3

1% Mar. 30
2% Feb. 23

3

% Mar. 30

Mar.
1
1% Mar. 26

1% Feb. 23
1% Mar. 26

2% Mar.

1% Mar. 29
1% Mar. 26

3

1% Mar. 29

2% Mar.

2%/Feb. 28
Feb.

28

Feb.

15

-

Newark Con sol Gas 5s

♦Cons guar 4s

13

J

♦4s April 1914 coupon on
1977 AO
♦4s April 1914 coupon off .....1977 A O
♦Assent warr Ac rets No 5 on. 1977




Mar. 17

Mar. 30

94%
92%
99% Mar. 25 101
73
Mar. 8
74

Sale

75%
75%

51% 35
113% 112

-

3

43

71

Sale

16

16% Mar. 31

52%

71

56

Mar. 29
17% Mar. 30
16

75%

"§8*
97

78

112

19

99

89%

1

Mar. 31

Sale

65% Sale

49%
113% 114%

68

24% Mar.

15

99

92%

8
100

88
72%

16% Mar. 31

101

Sale

16% Mar. 31

Rys of Mexico—

{♦New England RR

"*6",66O

F
J

Mar. 30

Sale

...

3,000 Nashville Chat Ac St L 1st 4s A.. 1978
52,000 Nassau Elec guar gold 4s atpd... 1951
6,000 National Acme 4H8 extended
1946
589,000 National Dairy Prod deb 3%« w w '51
240,000 Nat Distillers Products deb 4H>-1945

3

16% Mar. 31

101

79

Sale
Sale

60

Sale

104% 107

71% Sale

2000

16% Sale

68%

82%
75%

1955

.....1955 MN

Sale

88
74%
18% Sale

79

...1955

3H«--

Mar. 30

17

23

68%

Sale
100%
77%

90

f 4H*ier C
f 5s ser D

16% Sale

15

92

.....1965

refunding 5s A

Sale

3

Sale

22%

102% Sale

100

s

21%

17% Sale
12%
16%
12»
II

Montana Power 1st Ac ref 3Hi—-1966

Gen At ref

24

Mar. 29

16

88

S

M

'"5% Sale'

75

A

Mont Tram 1st Ac ref 5s series A..1941

General At

17% Mar. 30

Sale

S

F

1991 M S
A..1960 M N

Gen At ref 5s series B

16

17

7

15

J

M

Monongahela West Penn Pub ServIst mtge 4Hs
1960
6s debentures

17'

16%
15

19

1st gu g 4s

37,000 Monongahela Ry 1st M 4s

16% Sale

Sale

18

♦Certificates of deposit

16% Mar. 31

Sale

16

5% Sale
19% Sale

A

♦Certificates of deposltX...
•1st Ac ref 5s ser I
..X--1981 MN

..

5,000
94,000
25,000
45,000
5,000

MO

Mar. 31

24

18

1980 A

♦1st ref gold 5s series H

Mo Pac 3d 7s ext at 4%

4

23%

18% Sale

,2_.

♦Certificates of deposit
♦Convertible gold 5 Ha

"*6% Sale"

Sale
Sale

18

♦Certificates of deposit...
1st At ref g

1,000 {♦Mobile Ac Ohio gen gold 4s
**38
8,000
♦Montgomery Div 1st g 5s ....1947
210,000
♦Refunding At Improv't 4 Hi ..1977
♦Sec 5% notes
37,000
.....1938

157,000
57,000
187,000
26,000
3,000

7%
20%

1977 M N

♦1st Ac ref 5s series F
♦

15

18

♦Certificates of deposit..
♦General 4s

2%

106% Sale
30

68

119%

52

33

Sale"

25%

49%
39%

1% Sale
103
15
116

Sale

Mar.

1

1% Mar. 29
2% Feb. 28
Mar. 31 107% Jan.
103
5

119% Mar.

4

116% Febi

103

Mar. 31 107

119

Mar. 21

1

65

120

24%

I

31%
39%

*24%Mar."l8

25%

3 119% Mar.

Mar."*9 "24% Mar.'18

29%

4

Feb".*23

April, 1938]
Sales in

120",006
9,000

13,000
110,000
220,000
67,000
16,000
25,000

N.

tl3,000

Price
Jan. 3

1938
Ask

Bid

Bid

Mar. 31

Ask Bid

Ask

57
45

N O 8c N'eastern rel 4)4* aeriea

A. 1952
New Orleana P S lat 1c ref 5a A...1952
lat & ref 5a aeriea B—.....—..1955
New Orleana Term lat 4a guar... 1953
1935
B...........—1954
♦Certlflcatea of depoalt
•lat mtge gold 5a aeriea G
1956

97

96%

T5*
52
Sale
Sale
76

•lat 4 %■ aeriea D
•First 514a aeriea A

1956
.1954

F

A

F

A

A

O

100%
59X Sale

105%

Sale

105% Mar.

Sale
Sale

"32""

40
Sale

.....1945 i"i

Conaol 4a aeriea A..

....—

42

1998 F

A

"32%

49

Hlch Cent coil g 1K«

Sale Prices
Highest
Mar.
3
3 122% Jan. 31 125
8 122% Feb. 10
1 120% Jan.

ti*

Sale

35%

41
Mar.
93
Mar.
92 % Mar.

Mar.

Sale

84% Mar.

Sale

47
28

Mar.
Mar.

22

Mar.

22

Mar. 30

27%
23% Sale

1
7

18

29%

23% Sale
29%

iIo%

Sale

Jan.

Mar.

50

Jan.

87

Mar.

98% Jan.
98% Jan.

47

29
33

Mar. 10

28

Mar.

4

22

Jan.
Mar.

24

Mar. 31

31
22

Mar. 30

Jan.

Mar.

Feb.
Mar.

28% Mar. 18 •31% Mar.
22

108

34

4
2

64% Mar.

27%

37% "24"" Sale
Sale

107% Mar. 23 105% Mar.
58
Mar,
59% Mar. 3

Mar.
Mar.

Mar.

35

Mar.
30% Mar. 17 33
110% Mar. 5 110% Mar.

84% Mar.

1

22

Jan.

5

Feb. 24
Feb.

18

Feb, 15
35% Jan. 17
Feb. 25
Feb. 17
37
35% Feb. 21
8
111% Jan.

28% Jan.

1
3

76
31
36
32

31
27
14
8
4

Mar.

30% Mar.
5 110% Feb.

1

Jan.

3

65

Mar. 29
Mar. 31

74% Mar.

Sale

81

Mar.

1

Mar. 31

91% Jan.

57%

Sale

38% Mar. 31

57 % Mar.

5
11

44

Mar. 30

64% Mar.

75

Sale
Sale

54

Sale

54

Mar. 29

75

Mar.

54

Mar. 30
Mar.29

65% Jan.
73
Jan.

Sale

1
1
1

38% Mar. 31

64

38% Sale
44% Sale

71
83

94 %

89

Sale

80

Mar. 31
Mar. 28

3

91%

80
79

89% Mar.

96%

Sale
78

80
79

Sale

39% Mar. 31

Sale

39 %
54%

73% Sale

55%

57% Mar.
77
Mar.
73% Mar.

93%

1943

95%
64 %

Sale

74% Sale

93
57% Sale
76

.1998

§4*

58
34
87

Mar.

16,121% Mar.

81

Sale

.1997

...

.

31

87

B**

Mar.

Sale

82

3>4a............ 1952 MN

Ret Ac Impt. 4>4• series A...— 2013
Lake Shore coll g 3Ha.........1998

35*

94
65
34
36
38

110%

110%

91% Sale
64 % Sale

MYQftHRg mtge 314a
Debenture 4a of 1913

92

90%

32%

10-year 3%* secured a f....... 1946 A O
3013 A O
Ref & Impt 4Ha aeries A
Ret 8c Impt 5a aeries C...—... 2013 A O
Conv secured

78

30

Sale
45

33

•Certlflcatea of depoalt.........

Npt Or Cln B gen gu a
New York Central RR—

34
33
34
30 94

1

Highest
n

51

•First 5a aeriea

Sale Prices

121

36
54

{••N O Tez & Mez Income 5a

'

123% Mar. 31125

Sale
95

107""

.I960

4%«

Sale Prices

Sale

121

N J Pow & Light lat

New Orleans Great Nor 5a aer A*. 1983

Lowest

Highest

Lowest

Sale
95
Sale

123% 125% 123

D

RANGE SINCE JAN.

PRICES IN MARCH
Mar. 1

122 % 123 %
121
Sale
95

T Be T 3f-yr 5* A—1952 J

37

EXCHANGE-BONDS

lit 14mi nrlei B.............1961 M N
N 1 Junction RR gu lit 4a...... 1986 e a

178,000
561,000
703,000
530.000

211,000
56,000
457,000
38,000
5,000

7. STOCK EXCHANGE

N*w England

26,566
40,000
98,000
6,000
15,000

8S
fe*9*
•5*

BONDS

March
Value

%
45,000
34,000

N. Y. STOCK

75

85%

Sale
Sale

57

62
57%

55
65

60

Mar. 18

73% Mar .

1

87

55
65
44

Mar. 29

82

11

Jan.

10

Mar. 31
Mar. 28

94% Jan.

13

98% Jan.

13

1

39% Mar. 31

65% Jan.

11

1

60

82% Jan.

17

1

73% Feb. 10

84

Jan.

11

33

74
62

Jan.
Jan.
Jan.
Jan.

3
3
3
3

95% Jan.

6

Mar. 11

Mar. 18

84

New York Chicago & St Loula—

296,000
701,000
155,000
35,000

1974 A O
Refunding 5 Ha aeriea A
Refunding 4H* aeriea C..—. 1978 M S
1938 A O
3-year 6a..........——Octl
4a collateral trust

2,000

283,000
12,000
96,000
343,000
64,000
163,000
141,000

30,000
21,000

—

1946

Sale
Sale

62

77
90

55
47
62

N

107% 168%
109 %
48 Vi Sale
46
47 %

1953

lit gtd 5a aeries B__.._.

.1951

N Y Dock lat gold 4a

.1938

Serial 5a g notea
Certlflcatea of depoalt

NY Edison 3>4s series D........ 11965 A O
.1966 A O
1st lien & ref l^a series E
N Y & Erie—See Erie RR.

.1948 J

N Y Gas El Lt Ht & Pow 5a

Purchase money coll tr g 4s.. .1949 F

D
A

——

♦Dock & Impt lat 5a......— .1943 J
.1941

N Y 8c Long Branch gen 4a

43
103

49
Sale

103

Sale

123

123%
113% 114%
84

—

102%

—

85

106

.

87
107

106%
53% Sale
59
Sale

54%

59

104% Sale
104% Sale

32% 34% 33
28% Sale
27%
30
30% Sale
62% 65
79% 82
100% Sale 100
103% 106% 104
Sale
39%
iW
82

Sale

45

Sale

103%, Sale
102% Sale

7,000

39%

25
100
65

15

90

91
82

83

100

J

95

90

1P9.000
7,000
116,000
26,000

O

♦Non-conv debenture 4a...... .1947
♦Non-cony debenture 3%a. . -. .1947
•Non-conv debenture 3%a... .1954
•Non-conv debenture 4a...... .1955

M

8

A

O

12%
14%

11* 11*

A

O

15

20

J

J

.1957 M N
.1967 J
D

22

♦lat & ref 4)4* mi of 1937...
♦
farlem R Sr Pt Chea fat 4s.

.
-.

.1954

M

16%

20% Sale
9

N

"16""

.1902 M S

{♦N Y Oat Ac West 1st g 4a

•General 4a....—........... .1955 I
.1942 A
{♦N Y Prov Ac Boston gen 4s

D

.1003 A

O

4a

..

.1937
♦•Second gold 4Ha.......
.1940
•General gold 5a
•
Terminal lat gold 5a..—.....1943
.1030
N Y Tel lat A gen < f 4%a
Ref mtge 3Via series B.........1967

J

J

106

105% Sale
16

A

7%

M N

43%
106%
104%

J

J

3D

68

i~"i
M
A

Sale

16%
10%
47%
Sale
105%

O

F

A

95
98

47

A

102
103

Sale

A

O

103% Sale
100

Sale

119% 125
115% 119

253,666
135,000
100,000

175,666

73

J

87% Sale

2047 J

J
O

J
M 8

J
1st mtge 3%«—...........— 1972 J
Ohio Indiana Ac Weat 5s...Apr 1 1938 Q-J
1966 J
D
Oklahoma Gas & Elec 3% a...

J

D

F

A

Ontario Transmission lat 5a..... 1945 M N

Oregon RR Ac Nav con g 4a..... 1946
29,000 Oregon Short Line lat con g 5s.. 1946
1st guar cons 5s stamped...... 1946
15,000
311,000 Ore-Wash RRAcNav IstAcref 4s... 1961
1962
60,000 Otla Steel lat mtge 4Ha A.
1946
9,000 Pacific Coast Co lat g As—

232,000
243,000
339,000

1st Ac ref mtge

394s

aer

1st Ac ref mtge 3%a 8er

98
80

102%

D

11
10

13
12

108%
102%
101]
96!

4!*

7

Sale

106

105

Sale

105%

105
59
60

Sale

Jan.

Jan.

88

75

8

96% Mar.

7

95~" Mar.""8 "96% Mar.""7

9,

17% Mar.
17% Mar.
17% Mar.
17 % Mar.
17 % Mar.
16% Mar.
20% Mar.
31% Mar.

9
9
9
9
9
2
1
8

16%
15%
15%
15%
12%
12%

Jan.

17% Mar.
16%
17%
15%
12%
12%

Mar. 8
Mar. 9
Mar. 17!
Mar. 30
Mar. 25

15% Mar. 29
23% Mar. 28
5

Mar. 31

15% Mar. 31
70

Mar. 30

7
1
70
Mar. 18
10
Mar.
1
6% Mar. 2
9

Mar.

22

Mar.

¥

Feb.
Jan.
Jan.
Mar.
Mar.

2

20
27
17
30
Mar. 25
Mar. 29
Mar. 28

Mar. 31
Mar. 31
70
Mar. 18
5% Mar. 31
4
Mar.-30

19% Jan. 13
11

17 % Jan*
Jan.
19
Jan.

20
18

Jan.

23

Jan.

35
12

Jan.

23

Jan.

11
14
12

79

Feb.

7

Jan.
Jan.

10% Jan. 17
8
Feb. 18

106% Mar. 14 108% Mar.
92

3 106

Mar. 29

99% Mar.
76% Mar. 5 76% Mar.
104% Mar. 31 106% Mar.
Mar.
Mar. 4 105
103% Mar. 30 104% Mar.
Mar. 30

12% Mar.

2

5% Mar. 30

Mar.
Mar.
Mar.

9

80
Sale

7

Mar. 30
Feb. 1-1

10

7%
44
Mar. 18 47%
105% Mar. 23 106%
1 106%
105% Mar.
62

Mar. 24

62

60

5

28 108%

Feb. 20

Mar.29

99% Feb. 26
74% Feb. 18 94% Jan.
4
104
Feb.
8 106% Jan. 21
104
Mar.
106% Jan.
7
Jan. 10
103% Mar. 30 106

104

7

Jan.

92

9
1

Mar. 21

5%
40%
105%
104%

16
Jan., 3
11% Jan. 19

Mar. 30
8%
Jan. 31 47%
Mar. 23 107
Jan.
7 106%
Mar. 24
62
Mar. 31
70

Jan.

9

Jan.

7

Mar. 21

Mar. 24
62
Mar. 5
60
Mar. 2
3% Mar. 29
6%
Mar. 10 104% Jan. 28 107
Mar. 29 107% Jan. 24 108%
Mar. 3
3
Mar. 7
Mar. 4
Mar. 16

82

Mar.

Mar. 24
Jan. 13
Jan. 11
Jan.
5
Mar. 31
Jan. 25
30
Jan.
4
19
Feb. 23
31
Feb. 17
31
Jan. 13
22
53
3
30 119% Jan.
Jan. 11
31 104

II*

90
Sale
Sale

9

Mar. 31
Mar. 31

50
Sale

48

Mar. 22

ill""

Ill

2

100% Mar. 31 103% Mar.

Jan.
7 100% Feb.
9 104
8 101
Jan. 24 105
Jan.
1
96% Mar. 18 103% Jan.

97% Sale
100% Sale
102% Sale
96% Sale

9

96% Mar.
16
15
53

Mar. 30 118% Mar.
Mar.
97% Mar. 31 103

102% Mar. 24 104% Mar.
96% Mar. 18 99% Mar.

1

86% Mar.
9

9
48
111

Mar.
Mar.
Mar.
Mar.

97% Mar.

88

5
7

12

121

125

118

86% Mar. 19

12

Mar.

9

115

14

17
8
13
12

21

9

100% 104
104% Sale
99% Sale

26
5
22

3

Mar. 31 67
3% Mar. 29
5%
106% 105% Mar. 8 106%
105%
Sale
108
107% Mar. 2 108%
Sale
82
Mar. 30 93

3%

115

Sale

92%
61%
67%
81%
71%
72%
101%

Sale
Sale
Sale
Sale
74
Sale
102%

76% Sale
47% Sale
45

Sale

56% Sale
57
Sale
....

115

Mar. 15 115

Mar. 15

76% Mar. 31
47

Mar. 30

45
56
50
50

Mar.
Mar.
Mar.
Mar.

31
29
30
30

92% Mar.
61% Mar.

2
1

Mar.

1

68

115

Mar. 15 116% Jan.

28

7
12
13
Jan. 11
Jan. 10
Jan. 14
Feb.
8

76% Mar. 31

93% Jan.

47
45

Mar. 30
Mar. 31

88*
76

Mar. 29
Mar. 30
Mar. 30

79
80

82% Mar. 2
57% Mar. 17
72% Mar. 1

101%

101%

Sale

11

14

10% Sale

8%
6%

11
8%

Sale

103% Sale

98% Sale

Sale
Sale

102 %

99

99% 101%

111% Sale
111% 113
109% Sale
116
117%
117%
105% Sale
66
73%
58
Sale

Sale
Sale

....

Mar. 12

Mar.

101% Feb. 21 102

10
8

Mar. 11
Mar. 18

11

Mar.

4

10% Mar.

1

108%

1964

For footnotes, see page




77

H...... 1961
1966
1

Pacific Gas Ac 114s aer G—.

Mar. 12
22
Mar. 30 103
Feb. 24
80
Mar. 3
93

Jan.

Jan.

J
J

Ohio Ediaon 1st mtge 4s_........ 1965 MN
lat mtge 4a...................,1967 M S

129",000

73

8

41*

64

69%

92% Sale
62% Sale

4a debentures................ 1946
85,000
1943
30,000 Ontario Power N F lat 5s

Mar.

22
100

65

103* A
^Northern Ry of Calif guer 5a.
N'western Teleg 4Hs eztended .. 1944 J

15,000

95%

70

J

•Ogden & Lake Ch let guar g 4a. 1948
1948
•4a stamped
...—
Ohio Connecting Ry 1st 4a...... 1043

95

Mar. 12
Mar. 30
Mar. 3

-----

70

J

Mar. 12 22
Mar. 30 100
Mar. 15 70
Mar.
3 75

Mar. 18
5% Mar. 31

60

J
t

...

1

2

70

70

A..... 2047 J
Ref Ac Impt 6a Series B...... 2047 J
2047 J
Ref Ac Impt 5a Series G

Ref Ac Impt 4Ha Series

65
75

22
100

4

70

70

Northern Pacific prior lien 4a— 1907 Q
Gen Hen ry Ac Id gt 3s....Jan 2047 Q

Mar.

9%

Sale

8

F

91
72

12%
9%

119% Sale

F

Mar.

Mar. 31

Mar, 26 108
Jan.
7
Mar, 25 109% Jan.
4
Feb. 26
39% Mar 30 65
44
Mar. 31
Feb.
4
82
40
Mar. 29
58% Feb. 28

100
104

58

70

O

Mar.

Mar. 16 102% Jan. 29
104% Jan. 19
102% Mar. 31 104% Mar. 18 102% Mar. 31 104% Mar. 18

Sale

105% 107
104% Sale
Sale
97% 104% 104
104% Sale 103% Sale

}R^ a1!*

•Stamped as to sale of April 1 1933
to April 11937 tnd coupons. 1945

4,000

Sale
77

Sale
Sale

A

Mar. 30 53%
82
Mar. 11
Mar. 29 56%
Mar. 30 104%

Sale
\

10% Sale
MN

iH

Sale

108% 106% Sale

106% Sale

A

Sale

7%

107% Sale

—..Nov 15 1969 MN
North Cent gen Ac ref 5s ser A— 1974 M 8
Gen Ac ref 4Hs aeries A....... 1974 M 8
{•Northern Ohio Ry 1st guar 5a.

Ref Ac Impt 5a Series D__

99

II*

15%
16% Sale
23%

"63

107%

20

13

Sale

79
69

S

Mar.

99%

17
16

14%
Sale
77

4% Sale

U

MN

Oct 1 1934 and eub coupons... 1945 A
1945
•Oct 1937 and sub coupons

675,000
291,000
119,000
585,000
24,000
67,000

107

106

A

North Am Edison deb 5a aer A....1957 M

Aug 15 1963

92% Sale
90
96%

F

MN

Sale

94%
69
Sale

F

»»*•••■»

Deb 5 H> aer B
Deb 5s series C

6%

O

.........

3l",666

12

30

143,000
.1946
4,000 N Y Trap Rock lat a f g 6a
.1946
6s stamped.......
24,000
191,000 t**N Y Weatchea Ac Boa lat 4Ha..1946
.1966
70,000 Niagara Falls Power 3V4a
40,000! Niag Lock A Ont Pow let 5a A....1955
39,000' Niagara Share (Mo) deb 5Ha—..1950
.1950
101,000 Nord Rya eztl a f 6V4a
225,000 •{•Norfolk South fat Ac rei 5s A..1961
•Certificates of depoalt.......
45,000
.1941
4,000 •{♦Norfolk Ac South lat g 5a
153,000 Norfolk Ac Weat Rv 1st con g 4a—.1996
.1961
165,000 North American Co deb 5a
...

72,000
118,000
131,000

12

25
Sale

J

112,000 {•♦N Y Suaq Ac West lat ref g 5a..1037

14,000

Sale

13

O

♦Debenture 4a

13

16%

•Convertible debenture 1)4*.. .1956 J

N Y Ac Putnam 1st con guar

251,000,

-—

•Convertible debenture 6a.... .1948 I
.1940 A

46,000 N Y & Queens El Lt 8c Pr 3%a... .1065 M N
New York Railways Corp—
.1958 J
23,000
J
{Prior lien 6a stamped....
.1051 m rv
2,000 NY Ac Rich Gaa 1st 6a A
53*000 New York Steam lat is aer A.... .1047 M N
.1051 M N
72,000
lat mortgage 5s
96,000
1st mortgage 5s............... .1956 MN

47"666

100

J

k

Mar.
Mar. 26
Mar. 25 106% Mar. 11

77
90

79%

79%
97%

A

•Collateral trust 6a

27 % Mar. 29
30
Mar. 31
65
Mar, 26
82
Mar
9

Mar.

102
87

S

.1956 M N

Mar. 31
Mar. 26
9
Mar.

Mar. 26

22
100
60

M

•Non-conv debenture 4a

Mar. 29

Mar.
55
48% Mar.

Jan. 28 124% Mar. 22
124% 123% 124% 122% Mar. 7 124% Mar. 22 122
114% 114% Sale 114% Mar. 15 114% Mar. 29 113% Jan.
4 114% Mar.29

{♦N Y Ac N Eng (Boat Term) 4a.. .1939
PN Y New Haven Ac Hartford—
7,000
16,000
53,000
125,000
23,000
246,000
70,000
95,000

47
40
103

Mar. 26

124
114

93%

"99" 100%

Sale
Sale
Sale

77% Sale
84

1947
3%« extended to
Y Connecting lat gu 4%s A— 1953
lat mtge

.1946 MN
5,000 •N Y 8c Greenwood Lake 5a
.3000 M N
2,000 N Y 5t Harlem g 334a...
4,000 N Y Lack 8t Western 4a aer A... .1973 M N
.1973 N N
Guar 4Ha series B
6,000
NYLKltW Coal Ac RR 0%«— .1942 M N

8,000

Sale
Sale

74

97%

Sale

98%
Sale

Sale

94% Sale
101% Sale
97%

100%

Sale

113
113
Sale

112
113
105

Sale

111% Sale

Sale

112
94

Sale

a*

Sale
Sale
Sale
Sale

50
Sale

107% Sale

Sale

103%

Sale

55
Sale

Sale

98% Mar. 31 104% Mar. 15
Mar. U
Mar. 31 103
94% Mar. 31 98% Mar. 9

99

101% Mar. 31 102% Mar. 1
98
Mar. 18 100% Mar. 2
112
Mar. 31 113% Mar. 15
105

Mar. 28

111% Mar. 31
112
94
62

Mar. 31
Mar. 31

103.
98 $

Mar. 30
Mar. 31

Mar. 30
45% Mar. 7
107% Mar. 30

Mar.
Mar.
Mar.
Mar.
Mar.

Mar.
Mar.
Mar.
Mar.

10
8

Mar. 11
Mar. 18

13

Jan.

12

Jan.

10
18

108% Jan.
3 108% Jan.
3
98% Mar. 31 104% Mar. 15
99
Mar. 31 103
Mar. 11
94% Feb.
2 98% Mar. 9

102%
1005%

Feb. 28

111% Jan.
111% Jan.

113

Feb. 23

105
Mar.
111% Mar.

110

Jan.

116% Jan.

112

Mar.

118% Jan.

94
62
45

Mar.
Mar.
Jan.

106% Jan.
74% Jan.

98% Jan.
98

Mar.

Jan.

25

113% Mar. 15

50

Jan.

10
17
10
13
10
18

110% Mar. 8
106% Jan. 19
102% Feb. 26

107% Mar.
103% Mar.
98% Mar.

30.
1

28

N. T. STOCK EXCHANGE-BONDS

Sales in
March
Value

*1,000

BONDS

1938

Mar. 1

Bid

61",666

Panhandle Eaatern Pipe L 4a A.. 1952 M

S

93.000

Paramount Broadway Corp—
lat mtge a f ft 3a loan ctfa......1955 F
Paramount Pictures Inc—

A

104 %
103

59%

C

116

M

Bid

118%

Mar. 31

Sale

91 %

92%
73

72%
88
42

Sale

43

118% 120

79 %

70

1941 F

A

Guar a 3Ha tr ctfa aerlea G.. .1942
J
Guar ft 3Ha tr ctfa aerlea D—.1944
J

102% 103%

103
103

D

75% Mar.

85
84

74

67

Lowest

Highest

Sale Prices

Ask
71%
84
66%
85
103% 104% 103% Sale
104
104% 103% 104
103
109
103
100% 101
98% Sale

8

M

|

Lowest

Ask Bid

75%
66 %

60

63

91% Sale
71%
73%
89%
94%
38 % Sale

8

A

Sale
109

99

S

M

88
92 %

103% 104%

J

M

Ask

82

Pacific RR of Mo 1st ozt 4a...... 1998 F A
2d extended gold 8a
1
IMd j
Pacific Tel & Tel 3%x aer B
1966 A O
Ref mtge 3 %« series C
1966 J D
Paducsb Ik liiinoia lat a f 4%*.. 195* J
J

J

1

Jan. 3

I,000
78,000
86,000

a f debenture 6a.............. 1955
61,000
83,000
3Ms conv debenture
1947
22,000 Parie-Orleana RRExt a f 5Ha... 1968
25,000 Parmelee Trana con? deb 6a
1944
3,000 Pateraod Br Paaaalc GAR 5a
1949
3,000 •Pauliata Ry lat Be ret 7s aer A... 1942

RANGE SINCE JAN.

PRICES IN MARCH

Price

Inter st Period

N. Y. STOCK EXCHANGE

Sale Prices

Sale Prices

9

75% Mar.

Mar. 29

67

Sale
9 82
Mar. 29 70
Jan. 25 104%

75% Mar.

9

67
103

Mar. 29

103% Mar. 31 104% Mar. 16
103% Mar. 18 104% Mar. 9

"98% Mar."3 i

Highest

102% Jan.

Sale

56% Mar. 31

60

Mar.

1

56% Mar. 31

Sale
Sale

81

Mar. 31
Mar. 31

92

Mar.

3

81

Mar. 31

72

Mar.

2

57

Mar. 31

z82% Mar. 24 88% Mar.
Mar.
31% Mar. 31 42
118% Mar. 23 119% Mar.

3

57

119
77

116
60

,

60

Mar. 25

9

61% Jan.

19

97% Jan. 17
74% Jan. 15
92% Feb.
1

82% Mar. 24
31% Mar. 31 45
Jan.
118% Jan. 21 119% Mar

5

5

60

Mar. 10

70

16

"98% Mar."31 161" "Feb. "24

101 "Mar .""4

82
57

6
19

Mar
28 104% Mar

56%

a78% Sale
31% Sale

Prices
Jan.
Jan

Mar. 25

70

10

5

Jan.

26

Pennaylvania Co—
Guar 3 Ha coll tr ctfa aer B

22,000

10~,666

103

D

104

102% 103

101 %

A

100

Sale

80

Sale

Sale

F

D

103

O

J

95%
83 %
103%

103% 104 %

101 %

Penn Ohio Be Detroit RR—

33,000

770~,666
2,000
93,000
27,000

1st Be ref gold 4Hs aerlea A....1977 A
4Hs aerlea B
1981 J
Penn Pow Be Lt 1st M 4Ha
1981 A

33",000

105

100% Sale"
109 % 110%

Penn RR coneol gold 4a........1943 M N
Conaol gold 4a...
.........1948 M N
Stamped dollar bonds
1948 M N

Gen mtge 3%« aeries G
Conaol 4Ha Issue of 1915

.....1970 A O

1960
General 4Ha Series A.........1965
General 6a Series B...........1968
Debenture gold 4 Ha
1970

F

A

95
120

120%

D

106

Sale

J

D

111% Sale

A

O

90% Sale

O

..1947 M S
4a.......1940 A 0

Peoria Be Bast lat cons
♦Income 4s (flat)

....

lat 4a Series B
1st g 4 Ha aerlea C

Phelps Dodge

cony

J

1956 J
.....1980 M

3Hs deb

1952 J

Phila Bait Be Wash lat g 4s
General 5a Series B...
Gen g 4Ha series C—

t

D

1943 M.N

General 4Hs series D

A

J
D

Phlla Company secured gold 5a.1967
J D
PhUa Electric lat Be ret 3 Ha
1967 M 8

t*Pb*!a Be Read G Be I ref 5a
♦Convertible deb 6a

{♦♦Philippine Ry lat 30-yr

1973

j

1949 M

J

8

f 4sl937 J
J
Plllsbury Plour Mills 20-yr 6a
1943 4 O
a

Pirelli' 0 (Italy) cony 7a
Pitts Coke & Iron cony 4Hs A

1953 M N

1952 M 8

29,000 PCC&StL g 4Hs aeries A......1940 A O
Gon 4Ha aerlea B
9,000
guar g......l942 A O
Con 4%a aerlea G
11,000
guar g._
1942 MN

"V.666

£°n 0a aerlea D guar
Con 3

"9",600

Con 4a aerlea P guar
g
Con 4s aeries G guar
g
Con 4« aeries H
guar g
Gon 4Ha aeries I g

35",000

Con 4Ha series J
guar..
Gen guar 5a series A

Ha aerlea E guar g

92,000
120,000

1945

g

17",666

stk

Gen A ref 4

%8

88,000

w

A O

A O
I

D

F

J

103
114
109
115
93 % Sale
106 % Sale
16 % Sale

109

Sale

4% Sale
10%
11
108%
100%

—

68%
86%
86%
65%
—

_

108%
4%
62

,

55
54

Sale
Sale

55
54

100

Sale
Sale
Sale

100
107

109% 110% 107
105
114% Sale
—

.

108

Sale

100

Sale

16%

Sale

78% Sale
105% Sale
10% Sale

6

Sale
Sale

3

Sale

Sale

13
Sale
16% Sale
108% Sale 108%
.100
100%

108%
109%

90

81

Sale

99

107

J

J

J

J

J

J

J

J

J

J

MN
M

Mar.
Mar.
Mar.
Mar.

2
3
1
1

Mar.

1

Mar.

5

Mar.

7
Mar. 18
Mar. 11
Mar.

3

9

Mar. 19
101%
Mar. 29
101%
65% Mar. 31 89
115% Mar. 18 117
108% Mar. 24 112%
50
Mar. 18 60

14

4

Mar. 29

62

Mar. 31
Mar. 24
Mar. 31

Mar. 31 107% Mar.
Mar. 29 110
Mar.

1
3

100
107

Mar. 31 108

Mar.

Mar. 30

Mar.

6

1

Mar.

19% Mar. 2
4 108% Mar. 15

9 109

Mar.

9

80% Jan.
75% Jan.
76

3

11

108

18

4
5

Jan.

3

Mar. 31 107% Jan.
Jan. 28 116
Jan.

10

104% Mar. 31 115
105% Mar. 21 110%
99
Mar. 31
109%
78% Mar. 31 95%
105
Jan. 28 107%
10% Mar. 31 20

"81 "Mar ."3 i "87% Mar."2 "80

Mar.

10

8% Jan.
104% Mar. 21 107
Jan.

54

1
1

3
11

Jan.

5

2

1

Jan.
Jan.

8

Mar.

,

3

17

7

64

10

Jan.

Mar.

64

3

Jan.
Jan.

Mar

55

Mar. 24
Mar. 31

Jan.
Jan.
Jan.

Jan.

2

106% Mar. 23 108% Mar. 11
Mar.
5 109% Mar. 3
108% 109

-

86
86

Mar.

11% Mar. 29
108

95%
Mar. 30
120%
90% Mar. 31 106
100
Mar. 31 111%
67
Mar. 30
91

6
3
19
3
12

Mar. 30
4

Jan.

Mar.
Jan.

Jan.

19

6% Feb. 21

31
4 109

12

8

Feb.
5
Feb. 21
Jan.
5
Jan.
3
Jan. 19

87%

Feb.
Jan.

17
31

Mar~~2

106% Mar. 23 108% Jan.
108% Feb.
1 110% Jan.

6

109

9

Mar.

9 109

Mar

5

—

Sale

III" 107"" 105% III" 105% Mar ."10 105% Mar." 16 105% "Mar "16 105% "Mar "16
107" "Feb". "17 i09

i07~" 109"

Sale

50%
50%
52

45

78
59
60

42

Sale

109" "Mar ."31

Mar.23

112

Sale

Sale

:::::

"96"r Mar."31 107"

Mar ."§

W

97

Mar. 31 107% Mar.
Mar.
91% Mar. 31 101

2
1

Feb. "4

96"

Mar. 31

112% Janl""6
97
Mar. 31 112% Jan. 14
91% Mar. 31 104% Jan.
4

106

Jan.

28 108

"42" "Feb" 18

45
30
108

Feb.16

Febl~31 117

109

—

97

49%
108%
99%
99%

Sale

91%

107%

109% 110%

50% Sale

53

103 % 104 %
45

51%
Sale
Sale

12%
104 %
76

81

5%

10

41% *32"" Mar."29 "43 "Mar .*"3

55%
32
Mar. 29
55%
108
Feb.
3 109%
115% Feb. 28 115%

Feb.

10

Jan. 21
Jan. 21
Jan. 17
Feb. 28

99%
98%

Sale

43

103,

J

Sale
102

47%
14%

51%
48%
53
Sale
9% Sale
104% 105% 106% Sale
75
73%
82%
6%
8
3%
8%

43

101%
48%
9%
105%

Mar. 31

54

Mar.

Mar. 28 102%
Mar. 11 55
Mar. 31 14%
Mar. 2 106%

75

1

Mar.

3

Mar.

8

Mar. 1
Mar. 30

Mar. 25
6% Mar. 10

79
7

Mar. 10
Mar. 14

83% Mar. 31

88

Mar. 17

43

Mar. 31

55

Jan.

15

141% Mar. 28 104% Jan.

8

43

Feb.

19

55

9% Mar. 31
18
103% Jan. 14 106%
75
Mar. 25 82
5% Jan.
7
8

Mar
Jan.

8
5

Mar 30
Jan.

18

Jan.

10

Mar

17

60
84

Sale

83% Mar. 31

D

J
J

"75"

95%
74% Sale
93% Sale
92 % 106
90

92

M N

MN

78
106

Sale
Sale

MN

80

Sale

J

J

J

99% 100
32

26 %
19

22

MN

30

Sale

MN

28

30

A

28

30

O

28

30

F
A

M
J

S
J
A

D
J

90% Sale
104
45

55

26

68 %
42
21%

40%
15%
108 %

8

9%

A

O

1941

i

J

J

Ha."—1941

J

1

1941 J

J

23

19

10% Sale
9%
32%
11

14

9%

12%

D

101% Sale

O

J

100 % Sale
108
109%
94

97H

O
•

•'

Sale

88

Sale

82% Sale
105% Sale
82% Sale
100% Sale
31%
40
20%

29%
30%
30%
30%

32
32

62%
70
70

Sale

74%
86% Sale

—

104

64

70
70

Mar. 23
Mar. 31

Mar. 30

85% Mar. 30

65% Mar. 10
88% Mar. 1
86% Mar. 3
97

Mar.

42

17

52

68%
42%
Sale

^

.

72

Sale

96%

Sale

:::::

8*

-25"

_34K

26%

32

30
35

34

11

14

Mar. 30 113
Mar. 31
83

Mar.

98% Mar. 31 106
72
Mar. 31
83%
96
Mar. 2S 100%
30% Mar. 14 35%
21

Mar. 17

21

1

Mar.
Mar.

4
9

Mar.
Mar.

3
3
8

Mar.

Mar. 17

70
70

Mar. 31
Mar. 30

93% Jan.
97

3
Jan.
4
Feb. 28

118

Jan.

12

Mar. 31
87% Jan.
98% Mar. 31 108% Jan.
72
Mar. 31
88% Jan

11
19
11
21

85% Mar. 30
Mar. 30

93

.

96

Mar. 29 101

28% Jan.
20

Jan.

7
27
25

.

15

27

Jan.

8

27

Mar. 28

26

Jan.

47

Feb.

28

41

Mar. 28
Mar. 25

Jan.

21

32

Mar. 16
Mar. 23

"32" Mar." 16 "42" "Mar ."'2
14

Mar. 23

17

,

Mar.

1

30
32

24

2

1
1

31%
26% Jan. 20 31%
89% Mar. 30 96%
104
Mar. 15 104%

14

25

Jan.

4

10

5% Mar. 24
12% Jan. 27
9% Jan. 10

Mar.

3

8

50
41

Jan.

21

Jan.
Feb.
Jan.

5

2
14

22% Feb. 16
12
Feb. 10
10% Feb. 16
15

Feb. 23

12% Feb. 24

100% Mar. 18 104
Jan. 11
99% Mar. 31 102% Feb. 23
106% Mar. 22 169
Jan. 19

94
—

Jan.

8

28

44% Feb. 18
20% Jan.
6

28 119
Mar. 29 110
Mar. 2i
11

20% Jan.

Feb.

Mar. 5
Mar. 8
Feb. 28
Mar. 25
Feb.
4

118% Jan.
108
8

Jan.

35% Mar.

17

32

27

99% 101% 100% Sale 100% Mar. 18 101% Mar.
Sale
99% Sale
99% Mar. 31 102% Mar.
Sale
107% 106% Mar. 22 107% Mar.

107%

104
72

Mar. 5
Mar. 8
Mar. 5
Mar. 25

29% Mar

27

68%

102

94

57
Mar "23 "79% Janl'II
66% Mar. 27 75
Jan.
4

Mar.

29% Mar. 15

47

32%

104
72

118%
108
Sale
108% 108" Mar ."39 116" "Mar ."I I
8
Mar. 2£
11
Mar.
10%
4
7%
8%
21%
20%
22%
11%
15
II % Mar. £ "11% Mar."4
10%
32% "7% "16"
5% Mat. 24
10% Mar. 1
14
15
14
6%
14
Mar.
14
Mar.
£
8
11
Sale
10
Mar. 12
12
Mar. 18
8%
11

96

§8

110

109

72% Sale
98% Sale

31%
25
Mar. 22
27
31%
96
97
89% Sale" 89% Mar. 30 96%
104% 106% 104
Mar. 15 104%
106% 104
44
31

1

10

11

St Jos A Grand Island 1st
g 4a..194? J
St Lawr A Adirondack 1st g 5a..1996 J
2d gold 6a.
1996 A

J

83%

118%
108%

119

8

M

—1934

86

110

112%

J

65%
68
88% Sale

113

O

A

J

89

"70~~ Sale" IIIII "54% "57" Mar."23 "70" Mar.""I

110

A
F

J

86%

96% Sale

Safeway Stores a f deb 4a.......1947 J
Saguenay Pow Ltd 1st M 4Hs
1966 A

91

' 1 ■,

!




0

Mar. 31 111% Feb.

77% Mar' 30

104

8

1949 J

| For footnotes, see page 30.

15

29 104% Jan.

112

1
1

Mar. 2
78% Mar. 31 90
105% Mar. 31 107% Mar. 10
10% Mar. 31
16% Mar. 1

109

Ho" Hill

1962 M

....

Feo.

D

M S

1955 F
1936 J

♦4Ha stamped....

Mar. 12 104

108% Jan. 27 109% Jan.
106% Mar. 30 114
Jan.

Mar.
Mar.

104% Mar. 31 114% Mar.
Mar.
106% 105% Mar. 21 109

89%
107

87

80

D

J

J

♦Rutland-Canadian 1st guar g 4s 1949

131,000
96,000
50,000

107

A

W..1956 M S

f 7a

♦4s stamped
♦Rutland R R 1st cons g 4

64

70
65
Sale

101

1997 J

series B

Chemical 6a

15,000
4,000
21,000

7% Sale
105% 107
73%
74%

104 H

1997 *

!£*R®c"s Ark * Louis let4H*
♦Ruhr

"8",000

111
56

108 %

1941 J D
1951 A O

Gen mtge 5a aerlea R__.

53,000

118%

110% 116%

♦lat con A coll trust 4a aeries
A.1949 A O
Rochester Gas A El 4H» ser D...1977 M S

145",000

117
110
50

J

{♦Rio Grande June 1st guar 5s
♦Rio Grande Western 1st g 4a...1939 J

28,666

Sale

MN

19«8 J

4,000 ♦Rhine-West Elec Power 7a__ —1950
35,000
♦Direct mortgage gold 6a
1952
18,000
♦Cons mtge 6a_....
..1953
♦Cons mtge 6a with warrants.. 1955
16,000
97,000 Richfield Oil 4a convdeb .......1952
12,000 Richmond Term Ry lat guar 5a..l952
a

Sale

84

100

Sale

Rensselaer A Saratoga lat gu 6s. 1941
24",066 Republic Steel Corp 4Hs ser A..1950
Gen mtge 4%« aeries B........1961
245,000
Purch money 1st 5 Ha cony
212,000
.1954
Gen mtge 4Hs series C
176,000
1956
291,000 Revere Copper A Brass 1st 4Hs..l956
II,000 ♦Rhelnelbe Union a f g 7a.......1946
1,000 ♦Rhine-Ruhr Wat Serv 6a.
1953

♦Rima Steel

98

Mar. 30 119

90% Mar. 31 103
Sale
100
Mar. 31 108%
67
Mar. 30 89%
Sale
86
Mar. 19 98%
Sale
86
Mar. 29
Sale
98%
65% Mar. 31 84%
Sale
116
115% Mar. 18 117
Sale
108% Mar. 24 110%
Mar. 18 50
49% 50
4
Mar. 29
7%
7
101
104% Mar. 21 107
Sale
62
Mar. 31 73%

96

(65% pd).

Remington Rand deb 4Hs

98% Sale

Sale

110

♦♦Debenture gold 6s....
Read Go Jersey Cen coll g 4s
Gen A ref 4Ha series A

17,000
290,000
22,000
201,000

Sale

109%
107% Sale

D

1 109

90% Sale

110

J

Mar.

Sale

112

107

('

109

112

Sale

98

85% Mar. 31 100% Jan. 13
77
Jan. 26
84% Mar 10
102% Mar. 26 104% Jan. 20
97% Jan.

1

Sale

116%
112% 115

1943

Mar. 21 101% Mar.

119
103

109

-...1975 A
....1977 J

98

1
3
2

IIo" 120"

V

Mar. 31

1

117

Pnrtty Bakeries Corp a f g 5s
{♦ Radio Keith Orph pt pd ctfa
com

107

Hi*:::::

1970 J

161%

78

Mar.

—

A

..1964 MN

Mar .12

85% Mar. 31

5 103% Jan. 28
8 163% Jan. 13
21 103% Jan. 21

"93% Sale" "93" Ma?."31 '98% Mar." "2 ~92%~F~eb~.~l4 iol" Janl""7

...1963 F

Cha* lst *uar 4a

for deb 6s A

95%

Mar .""3
96% Mar. 2
84% Mar. 10
102% Mar. 26 103% Mar. 2
98

106% Mar. 30 111% Mar.
107
Mar. 31 111% Mar.
77% Mar. 30 92% Mar.

Sale
109% 110%
114
123%

108%
110%
110%
110%

101% Jan.
102% Jan.
103% Jan.

7

Mar.

111% Sale 106% Sale
107
Sale
1102* 112
90
81
93% 79

64

Sale

73

103

.....

A

555,000 Portland General Electric 4Hs_.1960
1st 5s 1935 extended to 1950
12,000
41,000 Porto Rlcan Am Tobac cony 6a.. 1942
822,000 {•♦Postal Teleg A Cable coll 5a. .1953
45,000 Potomac Elec Power 1st M 3%s..l966
8,000 Pressed Steel Gar deb 5s..
1951
8,000 t^Prorldence Securities deb 4a gul957
improvidence Terminal 1st 4a... 1956

169",566

90
84

76
102 %

Sale

85% Sale
79% Sale

1960 F

Be West Va lat 4Hs ser A ..1958
lat mtge 4Ha series B
1959
lat mtge 4Hs aerlea C
...1960
Pitts Y A Ash 1st
gen 4a ser A..1948
1st gen 5s aerlea B
......1962
1st gen 5s series C
1974
1st 4 H* aerlea D__
.1977

40,066

MN

1949 F A
...1953 J D
.....1957 MN

General g 5a aer B
General 4 Ha series G

£!!!*
Pitta

9%
107

80%
75%

J

1974 P
.1977 J
1981 J

Sale
Sale
Sale
116%
Sale

5%
105

A

109

89

61

1990 A 0

Peoria Be Pekln Un 1st 5Hs A...1974 F
Pere Marquette 1st 5a series A...1956
J

Sale

101%
100 %
87%
115%
109 %

J

Cony deb 3H«———————1952 A O
Peoples Gas Be Coke lat .is.
1943 A O

Refunding gold Si...

116%

Sale

J

General 4%« aerlea D.........1981 A
Gen mtge 4 Ha aerlea E
1984 J

97% Sale

101
98

108 %

114
113

...

177,000
78,000
930,000
423,000
444,000
324,000
276,000
532,000
32,000
73,000
3,000
49,000
22,000
91,000
10,000
58,000
581,000
35,000
41,000
25,000
40,000
159,000
245,000
198,000
243,000
637,000
26,000

J

O

101% Mar. 31 103

101

M S

44-year guar tr ctfa 4a Ser B.. 1952 M N

94,000
28-year 4a
1963
62,000 Penn Dixie Cement 1st is A
1941
16,000 Penn Glass Sand 1st mtge 4%s..l960

105% 101% Sale
103%
Sale
Sale
Sale
105

.....

'

April, 1938]
Sales in

RANGE SINCE

PRICES IN MARCH

Price

BONDS

March
Value

39

EXCHANGE—BONDS

V. Y. STOCK

JAN.

1

Jan. 3

N. Y. STOCK EXCHANGE

Mar. 1

1938

$

Bid

1

Ask

Mar. 31

Ask Bid

Bid

Highest
Sale Prices

Sale Prices

Sale Prices

Sale Prices

Ask

Lowest

Highest

Lowest

St Lout* Iron Mtn Ac South—

102,000
3,000
18,000
16,000

♦♦River Ac Gulf Div 1st ft 4s__.I933 M N
♦Certificates of deposit.....
{♦St L Peo & N W 1st 5s
1948

j~"i

1955 j

j

....1950 J

63
60
17

&

j

St L Rky M & Pac 5s stmpd

65

67
80
Sale

73

44

59 %

Sale
56%
59
17% Sale

65

44

Mar. 28

53%

56

Mar. 11

15

12

Mar. 29

65

Mar. 18

69

1
4
1

59% Mar.
56% Mar.
17% Mar.

66%

....

12

75

67

Sale

44

65

Mar. 28

64

55

Jan.

62

Jan.
Jan.

5
5

12

Mar. 29

18% Jan.

15

Jan.

28

31

69

Mar.

Mar. 26

15

Jan.

Mar. 30

13% Jan.
15% Jan.
13% Jan.

Mar.

5

13% Mar.
11% Mar.
13% Mar.

1
2
1

8% Mar. 30

12

Mar.

1

7

12% Mar.
10% Mar.

1
2

7% Mar. 30
6% Mar. 31

67

3

5

{♦St Louis-San Francisco Ry—
276,000
233,000
95,000
66,000
281,000
189,000
75,000

♦Prior lien 4s series A

♦Certificates of deposit

71,000

"i",666

i
S

♦Certificates of deposit stamped.
tSt Louis Southwest 1st ft 4s
1989 MN
♦2d ftold 4s Income bond..Nov 1989 J
♦♦1st terminal Ac unlf 5s
1952 J

124.000

J
J

J

♦Gen Ac ref 5s series A
1990 J
St Paul At Duluth 1st consoi 4s..1968 J
J
t♦St Paul E Grand Trunk

4%a

D

275,000
52,000
188,000
2,000
813,000
217.000
12,000

n*

101

102

IggK

119
82 %

J

109 % 110
109

u2m
16

♦Stamped
1946 A o

20

♦Stamped
1989 MN
♦{♦Seaboard Air Lino 1st g 4s ..1950 A O
♦♦Stamped 4s
1950 A O
♦Adjustment 5s
Oct 1949 F A

20

...

Sclo Vail At N fi 1st guar g 4s

O

1959 A

♦Certificates of deposit
♦1st At

cons

....1945 M S

6s series A

♦Certificates of deposit
♦♦Atlan-BIrm Div 1st g 4s.May 1933
tSeaboard-All Fie 1st 6s A
1935

173,000

m"s

32%

115
14
14
4

V*

fi
22
4%

♦Certificates of deposit....

I°5*
"l~5%
15%

ol*

Sale
14

7% Mar. 30
6% Mar. 31

Sale

45
28

Sale
Sale

15% Mar. 18
9% Mar. 29

100% 103

98

110%
Sale
109%
Sale
108%
110
110%
12%
19% "22""
21
20
15%
16
28
32%
24
28%
32%
108
113% 116
12
15% Sale
Sale
15
9%
2%
3%
4%
8
4%
6%
3%
8%
4%

110

Sale

A™

8%

9%
25

22

103
Sale

2%

5%

2%
97%
54%
98%
72%

Mar.

1

16% Mar.

4

"7%

Mar ."26

8

Mar.

4

Mar.

100

Mar.

110% Mar.

116

Mar. 12

Mar.

74

100
45

Mar.

8

3

110% Mar. 30
110% Mar. 19
110% Mar. 4

Mar. 29

26% Feb.
8
15% Mar. 18
9% Mar. 29
Feb.

7% Mar. 26
6% Mar. 19

108

110

Feb.
Feb.

17% Jan.

25

26

31

Mar.

32%

Mar. 26
31
Mar.
8 116

Mar.

8

26

Mar,

Mar.
Jan.
Jan.
Mar.

16

Sale

8

114

20

Mar. 14

15%
3%
6%
4%

Mar.

14
9

1
4

Mar.

4

Mar. 29

Mar. 31

27 116
20
29
26

2% Mar. 28
4% Mar. 30
4% Mar. 29

1

6

8

6

Mar. 31
Mar. 25

Mar.
9
Mar. 25
7% Mar.
Mar.
17% Mar. 25 e22

3

17% Mar. 25

4% Mar.

7

2% Mar. 26

6

6

2% Mar. 26

5
15

31

26

Mar.

7
21

Jan.

Jan.

Mar. 26

13

Jan.

*

Jan.

Mar. 29

25

9

Jan.
Jan.

17
98

23
30

16

Mar. 14

2% Mar. 28
4% Mar. 30
4% Mar. 29

12

Jan. 17
Mar. 15

20

Mar. 10

30

Sale

Jan.

4

20

Sale

11%
67%
34%
24%

4 110% Mar. 19
4
8 112% Jan.,

Mar. 29

1

10

18

Mar. 18

15% Mar.

Jan.

Feb.
4 102% Jan. 25
4
110% Mar. 29 118% Jan.
45
4
Mar. 30 81% Jan.
6 110% Mar. 30
109% Jan.

16

116

12
10

14

100

28

~25""

10
10

9% Jan.
9% Jan.

11

17

Sale

4%

20

45

Mar. 30

32

Sale

4%

Mar ."26
6% Mar. 19

Sale
109% Mar.
108% Mar.
Mar.
112% 110
18%

6%

4

"7%

109

6

13

Mar.

34% Mar .15

93

11

45

71%
109%

Mar. 29
Mar. 31

94%
23

9

4%

Sale

Mar. 30

53

5%

Sale

Sale

7

15%
9%

Sale

J

Sale

Sale

"25""

J

Sale
Sale

8% Mar 26
7% Mar. 30
8% Mar. 30

28

.....

9

Sale

40

100

Santa Fe Prase At Phanlx 1st 5s.. 1942 M S
J
{♦tSchulco Co guar 6%«
—1946 J

♦♦Refunding g 4s

M

Sale

71%
35
29%
20 %
20 %
15% >20

J
Sun Antonio Public Serv 1st 6s A. 1952 J
San Diego Cons G Ac El 4s
1965 M N

♦Guar sinking fund 6%« B.

I*

11% Sale

8

tPacific Ext sterSlnft guar 4s.. 1940 J
St Paul Union Depot 1st 5s guar_1972 J
San Ant At Aran Pass 1st guar 4s. 1943 J

11,000
27,000
3,000
4,000

9

~13%

J

{♦St Paul & K C Short L guar 4%al941 F
St Paul Minn Ac Manitoba—

20,000
16,000
47,000
44,000
50,000
1,000

}o2*

A

.1947

23,000

24"66o

8%

,

Sale

...1950 j
♦Certificates of deposit.....
♦Con M4Hs series A
1978 M

♦Prior Hen 5s series B

62,000

Sale

Mar. 14

8

Mar. 14

Mar. 14
17% Jan. 10
Jan.
4
Jan. 11
Jan. 11
Jan. 10

fg

P

Jan.

10
3

5% Jan.

10

22

Jan.

Series B

1,000
547,000
12,000

49", 666
12,000
85,000
82,000
137,000
225,000
5,000

184,000
85,000
82,000
23,000
88.000

...1935
♦Certificates of deposit......
Shell Union Oil deb 3%a
1951 M

Shlnyetsu El Pow 1st 6%a
1952
♦♦Siemens At Halskesec a f g 7s.. 1935
♦Debenture a f 6%«
1951
♦Silesia Elec Corp 6^«
.......1946
Slleslan-Am Corp coll tr g 7s

Simmons Co

conv

deb 4s

45i

S

1

D

J

J

M

S

F

5%
98 % Sale
64

A

98%
60%

66

61%

98%
69%

Sale

67%

*72""

23

20

'77% Sale"

1941

75 %
97

80
97%
106% Sale

.....1947

101%

67

Sale

80

Sale
Sale

Sale
102%
108
108% 106%
108% 109% 107%

Sale
Sale
Sale

1015^ 102%

104

Socony-Vacuum Oil deb 3Hi.

1950

107% Sale
107% 107%

Sale

92

Sale

92

88%

Sale

98

Sale

91

Sale

Sale

95

92

Sale

97%
66%
75%
61%

Sale
Sale
Sale
Sale

May 1 1969 M N

61

Sale

M N

61

Sale

1946 J

Sale

96
Sale

100

Southern Kraft Corp 4%«

22% Mar.

64%

Sale

118

1951

28

"77%

South Ac Nor Ala gu 5s..........1963

...

69

87

Southern Bell Tel Ac Tel 3%l
1962 A O
Southern Calif Gas 4 Hs
....1961 M S
1st mtge Ac ref 4s
1965 F A
Southern Colorado Power 1st g 6s '47 3

4s

75

75%

99
93
98%
105
106% Sale
112% 115% 111%

Skelly Oil debenture

Sale
69

3% Mar. 11
3% Mar. 11
97% Mar. 31 101% Mar 18
68
Mar.
3
70% Mar. 16
Mar.

2

8

72%

..^ar.

30

23

3% Mar. 11
4% Jan.
7
97% Mar. 31 101% Mar. 18
54

Jan.

12

70% Mar. 16

61% Jan.
20% Feb.

72% Mar. 30
77% Mar.

Mar.

25

64

31

64

30

77% Mar.
87% Mar.

3

80

3

79% Jan.

88

Jan.

7

31

99

Mar.

2

93

99% Jan.

19

31 107

Mar.

2

105

Mar.
Mar.
93
Mar.
105
Mar.
111% Mar.

31 113% Mar. 24

102% Mar. 31 104%
106% Mar. 31 108%
107% Mar. 29 108%
92
Mar. 31
96%
88% Mar. 31 93%

Mar.
A

ar.

Mar.

9

6
14

23

Jan.
Mar.

108

Mar. 25

3

Jan.

18

120% Jan.

Mar.
111% Mar.

4

9
101% Jan.
4 104% Mar.
106% Mar. 31 108% Jan. 18
107% Mar. 29 108% Jan. 19

Mar. 11

92

Jan.

3

Mar.

88% Mar. 31

93% Jan.

8

99% Mar.

91

57

Mar.

44

67% Mar.
56% Mar.
56% Mar.
56% Mar.
71% Mar.

99% Mar. 9
69% Jan. 11
76
Jan. 10

30

4

Feb.

3 100

Southern Natural Gas—

116,000

31,000
563,000
709.000

1st mtrte pipe line 4%a
1951
Sou Pac Co 4s Cent Pac coll Aug. '49
1st 4%a (Oregon Lines) ser A..1977

Gold

Gold 4%s

1981

10-year secured 3%a

...1946 J
J
4s... .1950 A O

San Francisco Term 1st

133.000
726,000

1968 M

4%»

Gold 4%a

1,131,000
795,000
337,000

South Pac RR 1st ref guar 4s
4s stamped

....

746",000
1.003,000
486,000
568,000

A
J
M

1955 J

624,000

214",666
152,000
26.000

"37",005

193,000
390.000
23,000
478,000

Sale

42

32%
30%

Sale

Sale

31% Mar. 30
30
Mar. 31
30% Mar. 31

Sale

51

Mar. 30

ir

Sale

79MS

77

80

77

Mar. 29 100

Mar.

61

Sale

61

Mar, 31

79% Mar.

61

29

10
5

Jan.

83% Jan.
104% Jan.

11

93

Jan.

15
5

Jan.

3

64% Mar.
42% Mar.

48% Mar. 29
23% Mar. 29

83

29
29

52

Mar.

26

63

29

54% Mar.

28

Mar. 29
Mar. 29

52

Mar. 11

52

Mar. 11

52

Jan.

60

58% z61% Mar. 17

71

Mar.

83

Sale

64

47%

Sale

42

Sale

25

Sale

63

Sale

52

Sale

27

Sale

Devel At gen 6Hs series A

1956

o

64%

Sale

53%

Sale

29

Sale

1996
St Louis Div 1st g 4s...
1951
East Tenn reorg lien 5s.1938 M

64

Mobile At Ohio coll tr 4s
1938 M S
Southw Bell Tel 3%a series B
1964 J D
S'western Gas Ac Elec 4s ser D...1960 M N

"79""

Sale

{♦Spokane Internat 1st g 5s....1955 J

16
13%
101% 103
100% Sale
100%

J

J

1946 F

A

Standard Oil N J deb 3s.
Staten Isl Ry 1st gu g 4%s.

1961 J

D

1943 •'
deb 6s..1945 •'

D

1950IM
1

99

S

Staley (A E) Mfg 1st mtge 4s

108%
103

Sale

58

"63"

S

105

106%

J

120% 122

J

.

80

J

"66""

Sale

49

i_-.

71

60

35"

47%

97% Jan.
61% Mar.

90

94%
Sale

107%
108% Sale
103% 103% 102%
13%
9%

Sale

107

Mar

Sale

103

AA
Sale

29 108% Mar.
102% Mar. 31 103% Mar.
13% Mar.
9% Mar. 30

101

Sale

101

101%

Sale

101

Sale

101

Sale

"46%

Sale

107

107% 105%

Sale

122

125

68

107

101

Jan.

64% Jan.

3

Jan.

10
4
6
12

100

95

122

Mar. 28 125

Mar.

98
Sale

98

Mar. 11 100

Mar. 17

Sale

112

122

80

7

103% Jan.

17

14
105

Jan.

21

Jan.

8

102

Mar.
Jan.

Mar.

2

100% Jan. 28
72% Jan. 12
107% Mar. 17

Feb.

119% Feb.

Jan.

109% Jan.

46% Mar.
105% Mar.

66% Mar.
107% Mar.

46% Mar.
105% Mar.

97% Jan.

Mar.
Jan.

9% Mar.
101

Mar. 31 103% Mar.
Mar.
Mar. 31 102

99%

99%

65""

47% Jan#

79

79%

53"

48% iviar
23% Mar
Mar
28
Mar

9 125

Mar.

7

Copper & Chem—
1944

97
81

1044

115

1953

Conv deb 6s series B

108

Tenn Elec Power 1st 6s series A

First

cons

Gen ref

s

g 5a_.......

f gold 4s

98% 101
79% Sale
104% Sale
112% 114
104% Sale

106

Tarm RR Assn of St L 1st g 4 %8

'1 exarkana Ac F S Ry 5%a A guar.1950
lexas Corp deb 3%s_—«•
1951

79

Ac N O

cons

g 5s

T exas Ac Pacific 1st g

Gen ref 5s

ser

5s

2000

B

1977
1979

Gen Ac ref 5s

1980

ser

D

Tex Pac—Mo Pac Term 5H* A--1964 M
Third Ave 1st ref 4s
1960 J

Jan I960 A

♦Adjustment Income 5s
♦♦Third Ave RR 1st gold 5a

1937 J

Tidewater Assoc Oil deb 3%a

78

102%
112

102

Sale

S

J
O
J

1952 J

J

J

D

Toledo At Ohio Cent ref At Imp 3%s '40 J

D

Tol St L Ac West 1st g 4s
1950 A O
Tol W Va Ac Ohio 1st guar 4s C..1942 M S
For Ham Ac Buff 1st 4s
1946 J D

77% Mar. 30 86%
103% Mar. 30 105%
Mar. 31 113%
Sale
102
Mar. 31 105%
81
73%
76% Mar. 24
Sale
103% Mar. 31 106%

Sale
103%
80
102%
113"" 114% 105"" 110% 109% Mar. 14 114
76
70
74% Mar. 22 84
83%
84%
83
71% Sale
85%
71% Mar. 31 84
85
Mar. 29
72
87
70
75%
83%
98
96%
98% Mar. 24 98%
103%
31
25
Mar. 31
"25% Sale
30% Sale
7%
4% Sale
3% Mar. 30
7% Sale
8
75
72
Mar.
85
73%
72%
68%
Sale
99
Mar. 31 102
99
101% Sale

....1943

Gen At ref 5s series C

97

105%

-

exas

Mar.
Mar.
Mar.

13

63

26

Sale

J

o

Iron At RR gen 5s.....1951

63% Jan.
63% Jan.

98
O

Coal

Mar.

Mar.

30% Mar.

Sale

1994

Tenn

42

Mar.
Mar.

31% Mar.

51
77

Sale

1956

♦Studebaker Corp conv
Swift Ac Co 1st M 3%a

44

Sale

1956

T

103,000
220,000
55,000
1,000

Sale

42%

"42""

Devel Ac gen 6s series A

Tenn

23,000
187,000
64,000
52,000
467,000
67,000
349,000

60
Sale
Sale

Mar. 31
Mar. 29
Mar. 31

Sale

71%

1955

Memphis Div 1st g 5s

16",606

67%
56%
56%
56%

Southern Ry 1st cons 5s
Devel At gen 4a series A

t.666
u9,000
132.000
60.000
133.000

3

83% Sale
103% Sale
92% Sale

57%

91

95

Feb.

100

Feb.

Mar. 25
Mar. 12
Mar. 2
Mar. 10

70% Jan.
103% Mar.

106% Jan.

Ill

Jan.

114

102

Jan.

108% Jan.

Mar.

76% Mar.
103% Mar.

24

4

Mar. 12
Mar.

3

Mar.

4

Mar.

2

109% Mar.
74% Mar.
71 % Mar.
72

Mar. 24

Mar.
98% Mar.

Mar.

3

25

Mar.

2

Mar.

4

Mar. 21
Mar.

3

Mar.

3% Mar.
71
99

Feb.
Mar.

86% Mar. 25
14

81

Feb.
Jan.

11

13
8

106% Mar. 12

116%
88%
88%
85%

Jan.
Jan.

Jan.

12
12
11

104

Jan.

14
25

34

Jan.

13

Jan.

8% Jan. 13
73% Mar. 21
102

Jan.

12

Tokyo Rloctrlc Light (Ltd)
404,000
23.000

2,000

.

" 2~000
1.000

42,000

1st M 6« $ Series

June IS 1953

1949 M

Trenton Gas At Elec 1st 5a

Trl-Contln'l Corp conv deb 5s ser A'53

Tyrol Hydro-Elec Power 7%a

"

5~000

Guar

sec a

f 7a

t

S

J

1952

♦{♦Union Elev Ry Chic 1st 5s

V

40,000

85,000
113,000
235,000

...

June 2008
June 2008

M

......1970 A

S
O

35-year 3^1 debenture
1971 M N
United Biscuit (Amer) deb 5s._.195A A O
United Clgar-Whelan Stores 5s.. 1952 A




30.

99
65

O

55%

Sale

88

75

104

Sale
95%
65

94

Sale

"9%
118

106
107%
114% Sale
107% Sale
114%

92%
106%
70

65

Mar. 26

63% Mar. 10
Mar.

99
65

*.

1

Mar. 26

107% 100% 107%
Mar. 10
Mar. 10 100
99% 100
103%
118% Mar. 21 118% Mar. 21
116%
118%
i03
Mar. 31 105% Mar. 10
105
Sale
103
Sale
40

90

93

55% Mar. 31
96
Mar. 16

49% Jan.
96

12
63% Mar. 10
Mar. 16 102
Jan.
8

65

Mar. 26

80

Jan.

20

105

103%
117%
107% 108

117

Union Pac RR 1st At land gr g 4s. 1947

For footnotes, see page

101% 102

72

1945

Union Oil Cal 30-yr 6s ser A May 1942
3 %a debentures
1952

34-year 3 %s debenture

Sale

106%
8%

......1962

First At refunding 4s
1st lien At re? 5s

62%

A

UJlgawa Elec Power secured 7s..1945

8,000
11,000
254,000
359,000
293,000
44,000

(Mo)

Sale

1955 M N

28,000
119,000

Union Electric

60

30

72% 100
107%
9% "9%
117
117%
108% Sale
111% Sale

72%
107

8%
116%
104%
107%

107

Sale

114

115% 109%

Sale"

96

Sale

94%

95

97

Sale

Sale
Sale

a84%
106% 106% 105%
77

Sale

75

Sale
Sale

9%

75

Sale

4

72% Mar. 31
105

Mar.

3

104% Mar. 31
107% Mar. 31

Mar. 31
Sale
109% Mar. 28
Mar. 17
89
87%
Mar. 29
Sale
z85
Sale

Sale

Sale

97

75

Mar.

4

Mar. 10 103%
118% Feb. 28 118%
103
Mar. 31 108%
94
Feb. 18
97
75
Mar.
4
96

76% Mar.

70

Jan.

80

Mar.

105

Jan.

108

Mar. 28 108

9% Mar. 15
117

Sale

Mar.

100

9%
117%
108%
111%
107%
114%

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

9% Mar.
117

Feb.

Jan.

Feb.

3

Mar.

8

108% Jan.
114% Jan.
107% Jan.

109% Mar.

116

Mar.

89

85

Mar.
Mar.

105% Mar.
69% Jan.

7
17

9% Mar. 2
118% Jan. 14

104% Mar.
107% Mar.
97
Mar.

95% Mar.
105% Mar. 31 107% Mar.
Mar. 30
75
77% Mar.

96

Feb.

Jan. 26
Mar. 21
Jan.
7

96

8

3
3

Jan.

14

Feb.

17

95% Feb. 23
107% Mar. 19
77% Mar. 15

N. Y. STOCK

30
Sales in

N. Y. STOCK EXCHANGE

1938

Mar. 1
Ask

Sale

United Draft Go (Del) 5s—..... 1953
1944
UNJ RR Ac Canal Co ften 4s

25,000
41,000
505,000
44,000
6,000
26,000
56,000
168,000
274,000
343,000

♦{♦United Rys St L 1st ft 4a —... 1934
U S Pipe & Fdy conv deb 3)£s..„— 1946 M
(' 8 Rubber 1st Ac ret 5s series A.. 1947 J

9,000

118,000
70,000

*818

Sale

112

J

Sale

106)4

♦♦Debenture 5s............... 1959
A

4s A......... 195f

...

A

MN

1934 J
J

M

83

2)4

45

J

{♦♦Wabash RR 1st ftold 5s......

....

F

1939

♦Second ftold 5s

59)4
105

♦Det At Ch Ex 1st ft 5s
♦Dea Moines Dlv 1st ft 4s
♦Omaha Dlv 1st ft 3Hs

1*01*,000

7*3", 000
1*2*4* 000

320,000
101,000

A

............

280,000
139,000
35,000
87,000
135,000
156,000
250,000
380,000
14,000
141,000
20,000

*3*2*666
3,000
161,000
17,000
11,000
66,000
3,000
17,000
5,000
23,000

12)4

Sale

VC

12)4

13

*1*2)4 Sale

1945

J*~D

10254 104

1955 A
1955 A

...

....

Sale

100

42)4 Sale
24 H Sale

.......

11)4

51
50

4s...

ser A...

O
J

A

O

1946 M

91)4
95)4
107)4

F

\l»

M N

P

D

1960

M

S

♦Westphalia Un El Pow 6s

1953

1

J

West Shore 1st 4s ftuar.....

2361 J

60

Wheeling Steel Corp 4)4* *er A.. 1966 F
White Sewing Machine deb 6s...1940 M
{♦ Wllkes-Barre A East 1st £u ft 5s 1942 J
Wllmar A Sioux Falls 1st 5s

A

1938 1
1955 J

354*---...... 1947

A

103)4

654

18)4
Sale
Sale
Sale

Sale

Sale"

100

35

Jan.

12

20

Mar. 26

30

Jan.

27

Sale

654 Mar. 29

92)4

&

Sale

100

Sale

loiH

82)4
109)4

O

101)4

Mar.

4

11

Mar.

1

1154 Mar.

1

11

1

Mar. 28

100

Mar. 31

56

Mar. 31

Mar.

6)4 Mar. 23
1

82)4
10754

23

49

Sale

m

N

20
8
.

9

\l*
7)4
6)4

43

59)4

10

Mar.

J

to N

96)4

454

5)4

3

954

1 Jan.

13

Jan.

14

Fel.

10

Jan.

19

Mar

Feb.

3
8

79)4 Jan.
43 V4 Jan.

10
21

100

68

Mar.

63)4 Mar. 29

Mar.

29

106

Mar.

89

68)4 Mar.
76

106

31| 108)4 Mar.

Mar. 28

Mar.

Mar.
Mar.

"79)4
92

Mar.

10

Sale

5
12

123

Jan.

27

Mar.

102

Jan.

120

Jan.

10954 Feb.
106)4 Jan.

110

Jan.

108

Mar

13
4
27
1

102

1045

Mar. 25

99

Mar
Mar
Mar.
Mar.

116

Mar.

68)4

Mar'.

76

Mar.

95)4 Mar.

Mar.

Jan.

93

98)4 Jan.
10854 Jan.

10
5

21

Jan.

15)4 Mar.

1954 Mar.

15)4 Mar.

20

Jan.

52

61

Mar.

52

Mar.

68)4 Jan.

12

63)4
6154
23)4
67)4
60H

Mar.
Mar.
Mar.
Mar.

4854 Mar.
4754 Mar.
20)4 Mar.

VoHJan.

Jan.

75)4 Jan.

12
11
28
3

Feb.

15

105)4 Jan.
11054 Jan.

27

106
20

Mar.

4854 Mar.
4754 Mar.
20)4 Mar.
49

Mar.

52

Mar.

105
16

Mar.

Mar.

Feb.
Mar.

49

Mar.

52

Mar.

Mar.

108

79)4 Mar. 31
4

Mar.

100

Mar.

9654 Sale"

91)4 Mar.
6
100

Mar.

I

Sale

Mar.

83

Mar.

109

4

Mai.

8

Mar.

Sale

654 Mar.
6)4 Mar.
6)4 Mar.

Sale

Sale

754

105

79)4 Mar.
91)4 Jan.
Mar.

Mar.

96)4 Feb.

Mar.

10754

Sale"

Jan.

100

Mar.
Mar.

98)4 Mar.

8)4
654
6)4

4)4

7

Mar

105)4 Jan.

110

27
15
7

5

4)4
100

108)4 Mar

Jan.

iviar
Mar.

100)4

71

Mar.

107)4 Mar.
104)4 Mar.
121)4 Feb.

Mar.

Mar.

108" "

20

D

13

654 Mar. 31
654 Mar. 18

105)4 Jan.

105
14

10

38

Sale

109""

86

Feb.

Mar. 28

79)4 Mar. 18

71

105)4

"l5~"

10
7

14)4 Jan. 10
11H Feb. 23
13)4 Jan. 13
11)4 Jan. 12

10
Mar. 31 104)4
56
Mar. 31
71
72)4 Mar. 29 82

103)4 Mar.

105""

Sale

20

Mar.

16

20

Sale

Jan.

654 Mar. 29

63)4 Mar.

16

Sale

94)4

654 Mar. 29

29

105

75)4

Sale

6
554
100% 101

98

Sale

102
16

Sale
92

68)4

53)4 Sale
4854 Sale
4754 Sale

63

N

101

11

654 Mar. 29

91
Sale

Sale

Sale

Sale

J

Mar. 16

70

Sale

67

A

J

20

Mar. 16

72)4 Mar. 29

6354 Sale
31)4 Sale

Sale

62

108
100

Sale

56

111)4

Sale

110 $4
85

♦Certificates of deposit...
'

Mar.

110

63)4
6154
23)4

F

J

24

107)4 Mar. 11110
105)4 104)4 105 H 104)4 Mar. 19'105)4
12154 Sale
122
3-21)4 122
12154 Mar.
99
Sale
99
Mar.
10154 Sale
102
118
119
Mar.
11854
11954
110
109)4
109)4 Mar.
109)4
Sale
107
107
Mar.
108)4 Sale
108)4
Mar.
10254 Sale
10154 102
10454

V
11*

19

9

106

Sale

4

Jan.

2

105

95)4

Jan.

61

28)4 Mar.

Mar. 24

24

m Sale

91

10754
10954

45

Mar.

9

20

82

105)4

D

75

Sale

Mar.

55

^3

5

70

67

J

1961 J

Sa'le"

35

67)4 Jan.

654 Mar. 31
654 Mar. 18

107

J

{♦Worcester AConn East Ry 4)4*194?

1

~Jan7"l8

105)4 Feb.

Sale"

J

J

Wisconsin Public Service 4s

97 H
Sale

75)4 Sale

J

I960

♦♦Sup A Dul Dlv A Ter 1st 4s. 1936 M

2)4 Mar

10954

9954 Mar.

654

S

{♦Wisconsin Cent 1st ften ft 4s..1949
♦Certificates of deposit

Winston-Salem S B 1st 4o

1)4 Mar. 29

10754 Mar.

42)4 Mar.

/Sale

11

Sale

23

......

VI

Feb, 25

1

7

Sale

I

Erie RR 1st con ft 4s.. 1949

88

1

Sale

Sale

99)4
107)
109 h
105)4 Sale
121)4 121
102)4 Sale
118)4 121)4
109 54
107 H 108)4

Registered
2361 I
Wheeling & Lake Erie Ry 4s D..1960 M

Mar. 31

Mar.

5

38

J

Gold 5s

79

86)4

Mar.

7
5

66

1951

5s

87)4

45

5054
5054

Mar. 24

58

42)4 Mar. 31

11

70

1952

1950

7

Mar. 24
Mar. 24

78

79)4 Feb.
45

1

Sale

Sale

♦Assented

go,d

3
23

Mar.

1154

Sale

75
40

1952 A

1

Feb.

Mar.H 1
Jan.
4
Jan.
3
Jan. 11
Jan. 11

55
9954 Mar. 30 105

9154
7)4

78

1st mtfte 3)4* series I.......... 1966

First & ref 5)4s series A......1977

2)4 Mar.

1

Mar.

Sale

70

1st mtfte ft 4s series H......... 1961

55

11

80

1945

West N Y A Penn Gen ftold 4s... 1943

1

32

33

55

51

69)4
13
11)4

70

1963

4)48

Mar.

33)4 Mar.

45

'35*'

40
.....

67

1956
1967

Conv debenture

5454

45
94

74)4

1948

Westchester Llftht ftold 5s
Gen mtge 3 J4*

ser

Sale
Sale

O

1941

West Penn Power 5s series E

Wilson A Co 1st M 4a

Sale

O

1939

Gold

90

5

3His.. ..2006

{♦Western Pacific lot 5s

28

13

AO

Wash Wat Pow 1st ref 5s

Western Union 4)4*

58

11

1945

Wheel A L

283,000

13

1980

Wash Term 1st ftuar 3)4*......
1st 40-year ftuar 4s

West Maryland 1st ft

69 %
Sale

A

deb 6sl939

{♦Warien Bros Co deb 6s

West Va Pulp & Paper

104)4

42

10

4)4*.

88

107)4 Sale
10754 Mar ."29 10954 Mar ."*3
35
Mar. 31
40
Mar.
9
35
Sale
89)4

Sale

9

Walworth Co 1st mtfte 4s

conv

55

40

1941

♦Certificates of deposit

Walker (Hiram) G A W deb

40

45

25

1941

F

Mar. 31

1)4 Mar. 29

Sale

Sale"

....

.....

Wash Cent Ry 1st ft 4a

61,000
25,000
10,000
28,000
165,000
35,000
1,000
57,000
98,000

..

1978

♦Certificates of deposit
♦Ref A ften 5s series D.

Warner Bros Pictures

65
Sale

193*
...

♦Ref A gen 4Hs series C

Warren R R 1st ref ftu ft

.i..*

94

♦Ref At gen 5s (Feb '32 coup) B. 1976
♦Certificates of deposit.

6s debentures..

109)4

67)4 Sale
34
50 X
43
68)4

{♦Wabash Ry ref At ften 5V*s A.. 1975
♦Certificates of deposit

10,000

237,000
203,000
64,000

Sale
50
103

109)4

1939 M N

5s.._.

79

25
22
18

110

£

Virginian Ry 1st At ref 3)4* ser A.

cons

Sale

79

27)4 Jan.
27)4 Jan.
27)4 Jan.

J

1958 A C
1966 M 8

First

Sale

Sale Prices

Mar. 23
8154 Jan. 13
Mar. 29 10954 Mar. 17
Jan. 18
19)4 Mar. 30 27
107
Feb.
4 114
Mar. 3
103 54 Jan.
3 10654 Mar. 2
60

108

109)4

J

1955 M N
1949

Va Iron Coal Ac Coke lot ft 5s

O

F

Vanadium Corp (Am) conv 6s... 1941

♦Tol Ac Chic Dlv 1st ft 4s....

189*666

Sale

8254

Sale
Sale

....

116
Sale

88

Sale

{♦Utilities Pow Ac Ltft deb ft 5H*. 1947

Virginia El Ac Pow 4s ser A

"26)4

Highest

Sale Prices

Sale

33

♦♦Vera Cruz Ac Pacific 1st 4)4*--

Sale Prices

Sale
60
Mar. 23
77
Mar. 3
108
Mar. 29 10954 Mar. 17
109
25
19)4 Mar. 30 23)4 Mar. 16
19)4
Mar. 26 114
Mar.
3
107
11154 107

62

108

Sale

29)4

♦1st lien 50-year ftold term 4s. 1954
1941

1,000

1

Lowest

50)4
50)4

31)4

«

Highest

Sale Prices

Ask

Ask Bid

Sale

Lowest

Mar. 31

104H Mar. 25 10654 Mar. 2
10554 Sale
33
28)4
29)4 Mar. 18 33)4 Mar. 3
29
Mar. 17
34
30
Mar. 23
28)4
33 29
Mar. 17
33
Mar.
1
Sale
28)4
78
Mar. 24
77)4
84)4 Mar. 1
83)4 76
Sale
Sale
79
7854 Mar, 29 84)4 Mar. 2
Sale
45 \ Mar. 24
Sale
45
50)4 Mar. 17
Sale
45
45
Sale
| Mar. 24 50)4 Mar. 1

33

30

Va Ac Southwest 1st ftuar 5s.... 2003 J

439,000

*34*
S

1951
♦6)4« series C.
♦Slnklnft fund deb iHi Mr A.. 1947
Utah Llftht Ac Trac 1st At ref 5a.. 1944
1941
Utah Power Ac Llftht 1st 5s

♦•July 1914 coupon off..

"1*666

76)4

Sale

Con sol 4s Series B_„.......... 1957

24,000

Bid

♦United Steel Wks ft 4tts ser A.. 1951

Vandalla conaol

142,666

JAN.

Jan. 3

219,000
18,000

14,000

RANGE SINCE

PRICES IN MARCH

Price

BONDS

March
Value

EXCHANGE—BONDS

71

Mar.

10754 Mar.
Mar.

13)4 Mar.

8

12'

654 Mar.
6)4 Mar.
6)4 Mar.

Mar.

7)4 Mar.

654 Mar.
105)4 Mar.

Mar.

105

954

5

Mar.

Feb.

Feb.
63

4

Jan.

15

92)4 Feb.

10

Jan.

14
4
3

93

1015?,
!»*
109)4
15)4
14)4
8 M
654
105)4
5)4

Jan.
Jan.

Jan.
Jan.

Jan,

10
4

Jan.

8
5

Jan.

10

Mar

14

Mar. 29
Feb. 18

Younftstown Sheet A Tube—

409,000

1st mtfte a f 4s series

t The price represented is the

C.........1961

dollar quotation

200 pound unit of bonds.
Accrued interest
payable at exchange rate of $4.8484.
per

a

the

Negotiability impaired by maturity.

♦

Bond selling flat.

7 Called for redemption.




96)4 Sale

96)4 Mar. 31

Under the rule sales, only transactions of the

current month and not included in
r

year's range.

Cash

Ex-interest.

sales, only transactions of the current
month, and not included in year's range.

:

-

•

Sale

Deferred delivery sales, only transactions of
current month, and not included in year's

x

such companies.

99

range.
n

$ Companies reported as being In bankruptcy,
receivership, or being reorganized under Section 77
of the Bankruptcy Act, or securities assumed by

Sale

e The
following cash
sales
during the current month and
In the monthly or yearly range:

"i
'■

were
are

transacted

not included

Atlanta & Birm 4s 1933, March 22 at 25,

z

99)4 Mar.

The

5

following

96)4 Mar. 31 100H Jan.

deferred

sales

delivery

1952, March 29 at 71.

were

transacted during the current month and are not
included in the monthly or yearly range:

Alpine Montan Steel 7s 1955, March 28 at 3254,
Canadian Pacific 5s 1944, March 31 at 111)4.
Cuba 5s 1944, March 24 at 10154.
Cuba 5s 1949, March 11 at 101)4.
French 7s stamp 1949, March 30 at 104)4.
Harpen Mining 6s 1949, March 15 at 26.
Hungary 7)4s 1944, March 21 at 40)4.
Illinois Central 4s 1951, March 2 at 90.
Mobile & Ohio 4s 1938, March 22 at 61.
Paris-Orleans 534s 1968, March 31 at 78)4.
Roumania 7s 1959, March 5 at 2654
'
Union Pacific 3)4s 1971, March 31 at 84)4.
.

Atlanta Coast Line 4s

20

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING MARCH 1938
Stock Sales

1937

1938

March...

Shares

Jan. 1 to March 31...

Bond Sales

61,673,795

1937

1938

March.

50,346,000
159,265,706

22,995,000

$422,794,000
1,050,940,000

$169,432,000
:
462,935,000

Jan. 1 to March 31

In accordance with

lots except in the

case

a rule of the Stock
Exchange, effective Oct. 3, 1915, ail stocks are now quoted dollars per share. Prices are on a basis of 100-share
of stocks which sell only in a small way.

NOTICE—Cash and deferred delivery sales are disregarded in the month's range, unless they are the only transactions of the month, and when selling
outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in computing the
range for the year.

AGGREGATE

•

SALES

March

Shares

1,800

Laboratories.......4'

240 Abraham

£i

.str*

400

Air Reduction Inc..... ....♦

49

31,900 Air-Way Elec Appli Corp
Alabama fit Vlckaburg Ry.100
274,700 Alaska Juneau Gold MIn.10
Albany 8c Susquehanna..100
109,200 Allegheny Corp............*
45,500
Pref series A $30 warr'ts .100
3,700
Pref series A $40 warr'ts I0«
1,700
Pref series A $30 ex-war 100
6,300
$2.50 prior cons pref.....*
43,400 Alleghany Steel
11,000 Allen Industries Inc
1
47,700 Allied Chem A Dye...
4,400 Allied Kid Co
5
30,100 Allied Mills Co Inc
•
169,200 Allied Stores Corp
*
5,000
5% preferred
100
250,800 Allls Chalmers Mfg
•

20,900
1,500

Adrauce Rumely

1

Adams Express

...25
•

......

105,000

12,800
24,500
3,500
29,500
6,200
37,100
2,090
35,900
1,210
56,700
2,900
56,500
6,800
81,000

4,800
11,400
1,700
7,400
3,100
13,500

12,500
440

18,300
1,600
21,100
2,200
40,000
"

3",66O

40

33

40

30

35

44%

33%

250

15,200
200

20

20%

21

PP
Sale

*

1%

1%

Alpha Portland Cement....*

Araalg'mLestheiCos,lncNewl
6% cum preferred...
50
Amerada Corp
•
Aoer Agrlc Chemical (Del).'

Coal

Co

of

93,600
17,800
24,400
10,800
7,900
48,500
5,100
12,600
16,300
7,400
30,000
92,500
9,400
25,900
20,700

5,900
7,200
4,800
3,600
22,000
2,800
6,400
8,000
5,700
15,700
28,700
3,300
11,800
11,100
27,300

71,600
1,000
7,060
208,200

700

2,420
72,700
12,300
13,800
122,700

38,300
45,400

302,100
60

T

139,500
18,000
7,500
15,000
8,200

366,700

Sale
Sale
72

52%

Sale

60

11% Sale

11%

67
Sale

1% Sale

1%

Sale

200,800
10,900
9,300
5,000
6,500
221,500
18,500
56,900
7,100
51,100
182,600
1,400
23,200
42,000

9,500
16,400
56,900
2,000
405,300
2,200
5,200

191,600
3,000
1,268,000
8,200
13,000

420

660

168

Sale

15*
Sale

8%
12%
7%

Sale

57

67*

58%
Sale

49% Sale
42% Sale
115
123%
Sale

70
165

167

13%

Sale

6

Sale

5%
8

11%
4%

6
Sale

Sale
Sale

8% Mar. 31

100
*

*.*
preferred A
*
$6 preferred.....
Am Hawaiian Steamship
10
American Hide 8c Leather ..1
6% preferred..
50
Amer Home Products....... 1
American Ice
*% preferred—.—.....100
Amer Internal Corp....— '
Amer Locomotive
'
Preferred
10t
Am Mach 8c Foundry
Amer Machine 8c Merals
*
American Metal
'
6% Con* preferred
100
American News Co new....*
Amer Power A Light—
*
$6 preferred..............*
$5 preferred
—*
Am Radiator 8r Stand San..*
2d

Preferred......

....100

5

8

i Mar.

1

Mar.

1

1% Mar.

9

11% Mar."I

5

8% Mar. 22

Mar.
Mar.

4

8

7

Mar.

2

Sale

8% Mar. 28
4% Mar. 26

Mar.

2

Mar.

2

Mar.

4

Sale

2

3

Sale

4%

"8% Mar."3l "l3% "FebT

2

1

9

10
7

40% Mar. 31
% Mar. 30

2

2

7

24
23

% Mar. 31
6% Mar. 30

1%
17%
17%
17%
17%
21%
9%
176%
9!
14!
9%
53%
51%

Mar. 30

Mar. 31
11% Mar. 31
4% Mar. 30
124
Mar. 31
7
Mar. 31

*

8% Mar. 28
4% Mar. 26

Sale

Sale

34% Mar. 31

Sale

11%

Sale

11% Mar.
1% Mar.

13% Mar.
2% Mar.

15

10

Mar.

58

Sale

58

50

Sale

49

16
69
62

Sale

10%
49%

Sale

10

Mar.
Mar.
Mar.

15

Mar.

10

Sale

49% Mar.
23% Mar.

55

Mar.

49% Mar. 31
23% Mar. 31

70%

M*
ilg*

2

23

Mar.
Mar.

4

Sale

54
Sale
Sale

89% Sale
163% 165
Sale

Sale

92

104

23% Sale
108

75%
160%

115
Sale

160%
12%
27
9%

Sale

If*
eVi

Sale

88%

Sale

Sale

Mar. 15

17
17
10
19
12
11

Jan.

11

15% Jan.
3% Jan.

34% Mar. 31

11

24

57

72% Feb. 21

Mar.

49

Jan.
3
Mar. 26
Mar. 30

66

Jan.

Jan.

15% Jan.
55

Mar.

11
12
8
15
3

42% Jan.

3
2
23
8
Jan. 12
VP Jan. 15
50
17
17% Jan
100% Jan. 24
1U5% Mar. 15

Mar. 25 125% Feb.
91% Feb.
3
70% Jan.
Feb.
160% Mar. 30 167

Mar.
Mar.

116

165% Mar.
25
46

Jan.

12
12
12

Mar.

90

Mar.
Mar.
Mar.
Mar.

Mar. 31

Jan.
Jan.
Jan.

11

Mar.

123

Mar.
75% Mar.

38

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

11 % Mar. 30
1% Mar. 26
10
Mar. 30

39% Mar.

116

Sale

Mar. 31

10
20

Feb.

Feb.

2

Mar.

11

11
14

58% Jan.
1% Jan.

2

Mar.

11% Mar. 31
4% Mar» 30
124

Mar.
36% Feb. 4 45
Mar.
30% Mar. 23 36
52
Jan.
33% Mar. 31
10% Jan.
6% Mar. 30
14% Mar. 31 z20% Jan.
23
Jan.
16% Mar. 31

Mar.

Mar.

Sale

Mar.
Mar

12% Mar. 30
27

15% Mar.

90%

25

88% Mar. 31 105% Mar. 15

6%

\k

80

8

5%

Sale

8%

}|«

87

80*

8

Sale
Sale

15

Sale

10%
3%

11 %
Sale

22

33%

24
Sale
Sale

15%
6%

7%

Sale
Sale

176% 300
3% Sale
20

25

17%
Sale

4

5%
172

23*
18*
10%
3%
20

36%
2

18

19

Sale

7
22

63

"Sale

64

13

Sale

13%

3%
30
101

26%

Sale

119

27%

5

Sale
Sale

30

Sale

4% Mar.

Sale

Sale

9

Sale

Sale

79

86%
Sale

Sale

9

5%

300

Mar. 31

9% Mar. 29
100% Jan. 24
88% Mar. 31

Sale
165

.

4

5

Mar.

4

Mar.

Sale

Sale
Sale

2% Mar. 30
13% Mar. 29
5% Mar. 30

21

Sale

10

11

Sale

Mar.

9%
18%
10%
3%
20%
36%
2%

Mar. 15
Mar. 15
Mar. 18
1
Mar.
Mar. 4

Mar.
Mar.

2

13% Mar. 28
4% Mar. 30

18

Mar.

2

7

Mar.

1

Sale

Sale

2

22

Sale

12

Sale
14

18%

Mar. 26
Mar. 29
Mar. 29

30% Mar. 26
1% Mar. 30

Mar. 31

Mar. 31

2% Mar. 31

Sale

23

101

99% Mar. 30

Sale

20

Sale

Mar

Mar. 29

3% Mar. 29
19

Sale

16% Mar. 31

164%

Sale

9

Mar. 30

13% Mar.
Mar.

10

Sale

11

Sale

Sale

29

Sale

29

Sale

VP

50

Sale

15%
7%
23%
28%

Mar.
Mar.
Mar.
Mar.

American Tobacco ....
25
Class B
25
*% preferred....—....100
American Type Founders...*
Am Wat Wks A El
..*
$6 1st preferred. .........*
American Woolen..........*
Preferred
—.....100
Amer Zinc. Lead 8t Smelt...1
$5 prior con* prsf- a««Se* 25
Anaconda Copper
50
Anaconda Wire 8t Coble
•
Anchor Hocking Glass Corp*
$6.5* con* preferred......*

Sale

52

133%

134

31%

Sale

21*

Sale

29% Sale
9% Sale
29
27%
112% 120

60%
63%
138

29

Sale

45

16%
7
24

10i%
13

Sale

Sale
32

i%

40

Sale

30

8*

Sale

32%

Sale

39

15

Sale

17%

101

Sale

104

42

Sale

106%

25

15

Jan.

15

12
12

23% Mar.

31

28% Mar. 31

35% Jan. 11
56% Jan.

Sale

136% Mar.

139

Mar.

130

Mar. 29 131
52
Mar. 30
Jan. 17 139

Sale

15%
6%
21%
101%
12%

Mar.
Mar.
Mar.
Mar.
Mar.

30%
9%
28%
117%

15%
6%
21%
101%
12%

Mar.
Mar.
Mar.
Mar.
Mar.

Mar.
Mar.

Ill

Mar.

58

Mar.

Sale
Sale

Sale
58
Sale
59% Sale

f

22% Jan.

47

Sale

Sale

Sale
70
Sale
Sale
Sale
Sale

Mar.
Mar.
Mar.
Mar
17 % Mar.
137 % Mar.
67% Mar.
Mar.
Mar.

58% Mar.
134
Mar.
3 % Mar.
6
Mar.

77% Mar.
3% Mar.
23% Mar.
4% Mar.
25

Mar.

21% Mar.

34

29

29

Mar.

40

10% Mar.
97% Mar.

Mar.

3% Mar.

Mar.
Mar.
Mar.

22%

Sale
30
11% Sale
97% Sale

58% Mar.
134

Mar.

6

Mar.

76

Feb.

33% Mar.
7% Mar.
30% Mar.
Mar.
Mar.

17% Mar.
105

Mar.

12

Feb. 23

20% Jan.
14% Jan.

103

Sale
Sale

12
12

Jan.

78

Mar. 29

Mar.

58

88

51% Mar.

Jan.
Jan.

13% Mar. 30
15% Mar. 31
7% Mar. 26

Mar.

65% Sale
Sale
67
139% 139% 134
6% Sale
3%
Sale
6%
78
60%
Sale
3%
Sale
23%
Sale
4%

Sale

Mar.

12

Jan. 12
Mar. 24
Jan. 18

58

125
52

Sale

Sale

30

Jan.

2

165% Jan. 11

Mar.

Ill

Sale

Mar.
Mar.
Mar.
Mar.

6

Mar.

111%

139

20%
75%
19%
11%

Jan.

47

47

136%

Sale

13% Mar.

1

1

5%
2% Mar. 31
38%
Mar. 30
99% Mar. 30 105%
20
29%
Mar. 29
7%
3% Mar. 29
19
Mar. 31
40%
33
16% Mar. 31
9
14%
Mar. 30

103

103% Sale
136%

Sale

Sale

Sale

Sale

iP
'h

17

23%
29%

Mar.
Mar.

29

23

165
58

18%

33
28

160

11% Sale

Mar. 31

Sale

Sale

30

Sale

Sale

16%

Mar.

Jan. 11
Feb. 23
Jan. 17
Jan. 10

10

Sale

144

18

45

Mar.

13

7%
23%
74%
14%

2

13%
4%
33%
105%
28%
5%

18
13

28

Mar. 14
Mar. 4
Mar. 16
Mar. 24
Mar. 2
Mar. 2

13%

100 109%

30

Jan.

30

64

15%

Amer Sumatra Tobacco.—-•
Amer Telep 8t Teleg
10«

37% Jan. 14
2% Feb. 26

26

23% Mar.

Mar. 31
Mar. 31

59

8%

Mar.
Mar.
Mar.
Mar.
Mar.

12% Mar. 29

Sale

Amer Steel Foundries
_•
American Stores
*
American Sugar Reflnlng.100

30%
1 %
13%
4%
12%

10

Sale

125

26

45

Sale

51

Mar. 29

Sale

33% Sale
103% 115
27%
28%
5% Sale
31% Sale

124%

Mar. 29

Sale

Sale

51

2

12

Mar. 26

9% Mar. 25

1

65%

J
25

12
17

22
Jan. 13
Feb. 25
Jan. 14
Feb. 25
Jan.

11
19
Jan.
12
4% Jan.

10

Sale

19%

49

2% Mar •30l
13% Mar. 29;
5% Mar. 30!

Sale
Sale

""

22 177

Sale

"IF

44% Sale
124% 129

8

Jan.

Feb.
7
Feb. 21
Jan. 15
Jan. 12
Jan. 18

4% Jan.
6% Jan.

Mar .29

Sale

Sale

«,

3% Mar.
24

9% Mar. 25

83

78

177

10

Sale

29

8% Mar .30
Feb. 19
2% Mar .25

Sale

32%

.

Mar.

80% Mar.

Mar.

Sale

Amer Smelt 8c Refining,
Preferred

Mar.

Mar

4

8% Mar.

Sale

25

14

9

2% Mar.

78

Sale

Sale

19%
8%
13%
16%

7
19% Feb
4% Mar .29

7% Mar.
13% Mar.

Mar.

300

Sale

Sale

12%

Sale

Sale

38

157

25

17

40

2

Mar. 31

17%

..

7
1
8
4

57

Mar. 30

66

Preferred

Mar.
Mar.
Mar.
Mar.

8% Mar. 22

preferred... 100

American Rolling Mill
con*

Mar. 11
Mar. 11

40%
9%
20%
21%

% Mar. 31
6% Mar. 30

Amer Safety Razor—...18,50
American Seating Co....
American Ship Building....*

4%%

45
36

Mar. 31
Mar. 31

125

Sale

62

101

6%

40% Mar. 31
% Mar. 30

Highest
Sale Prices

38

' Sale

95

Sale

110
Sale

Sale

ii"
69

14%
84%

8%

36% Mar. 30
30% Mar. 23
33% Mar. 31
6% Mar. 30
14% Mar. 31
16% Mar. 31
V 1% Mar. 28

Lowest
Sale Prices

Sale

24

150

Sale

Sale PHces

38
35

49%

46

95

Sale

Highest

Sale Prices

Sale.

48%
45%

48
Sale

92

9%
13%
Sale

Sale

24%
42%
14%

23

Am 8t Foreign Power
$7 preferred

For footnotes see page




ti»

16
14%
16% Sale
8% Sale

12% Sale
2% Sale
18
21%

Sale
Sale

%

12

46% Sale

38
40
Sale

Sale

14%
16%
1%
40%

Sale

13

Lowest

Ask

Alleghany

County, N J

*
Ill
5,000 American Snuff .......---25
480
4% preferred...........100
6,600

2

37%

Sale

Sale

Sale

10 American Express Co

43',000

9%

19

9,400 American Colortype.......10
23,300 Am Com Alcohol
20
27,100 Amer Crystal Sugar Co
10
690
6% 1st preferred
100
42,100 Amer Encaustic Tiling..... I
700 Am European Securities..
*

4,300
11,500
9,400

700

38%

20

Am

10

73,300
3,700
3,900
2,200
5,100
88,000
9,200
19,200
2,100
20.000
55,200

37%
Sale
Sale

•

Adams Mlllls

Mar. 31

Ask Bid

Addreasogrsph Multtgraph 10

American Bank Note..
1«
6% preferred
......50
Am Brake S A F
.....
5% % con* preferred
100
American Can..
2t
Preferred..
10<
Amer Car $t Foundry
•
Preferred.. ..
.10«
American Chain 8c Cable—*
400
5% preferred
....100
5,600 American Chicle
•

820

160

43%
8%

.

1,800
10,200
4,000
20,800
2,000
9,700
58,600
1,400

Bid

43%

37%

•

1a

Acme Steel Co

Mar. 1

Ask

Bid

84,500

58,566

49,300
6,800
2,000
7,300
2,100
162,500
4,100
1,800

3
1938

Jan.

4,200
73,700
5,900
13,100
9,800

58,855

•

Par

v

5,200 Abbott

240

1,700
29,300
1,600
5,300
5,300
41,300
7,200

1

Price

Shares

i

RANGE SINCE JAN.

PRICES IN MARCH

STOCKS
N. T. STOCK EXCHANGE

Since
Jan. 1

In

3% Mar.
23% Mar.
4% Mar.
25

Mar.

21% Mar.
29

Mar.

10% Mar.
97% Mar.

34%

Jan

Mar.

l\l%

2

Mar. 15
Jan.

11% Jan.
31

12
17

Jan.

10
18
11

Mar. 14

Jan.
149% Jan.

17

10
Jan. 10
72% Jan. 11
139% Feb. 15
Jan. 21
Jan. 12
86
Jan. 20
5% Jan. 12
35% Feb. 23
8% Jan. 10
Jan. 10
40
71

\l%

IP
50

Jan.

18

Jan.

Jan.

107% Jan.

11
11
15
3

N. Y. STOCK

32
aggregate

sales

Sharer

Jan. 3

Par

1938

1,300
1,700

4,500
1,400
4,600

140

2,000
88,900
6,900
500

20,200
6,300
4,600

Mar. 1

16%

10

Mar. 31

2

Mar. 31

3

21

Mar. 30

27

120

Mar. 11
Mar. 30

Archer Daniels Mid

122

100

Preferred

11,700

Arnold Constable Corp
Artloom Corporation
Preferred

82

Sale

Sale

Sale

70

70,500
7,500
18,900
1,500
2,900
39,400
1,700
27,600
4,100
3,900
460

3,200
7,000

4,700
280

2

Mar. 30

121% Mar.

119

Sale

4£

100

*

Sale

Sale

85

Sale

98

7

10

Mar.

82

5% Mar.
46% Mar.
50

3%
28%

Mar. 19

34% Mar.
7% Mar.
4% Mar.

50

24%
5%
2%

1
2
3

3% Feb. 24
30% Jan. 13
2
Mar. 30 100% Jan. 18
Mar. 26
6% Jan. 10
Jan. 12
Mar. 28 72
Mar. 19
94% Jan. 31
Jan. 12
Mar. 26 39
7% Jan. 21
Mar. 25
5% Jan. 13
Mar. 30
Jan.

6 121% Mar.

80

Sale

Sale Prices
19
Jan. 11

Mar. 31
Mar. 31

21

24% Mar. 26
5% Mar. 25
2% Mar. 30

Sale

Highest

Mar.
Mar.

Mar. 19

50

75

90%
Sale

234,700
V t c when Issued......13
387,000 Baltimore Ac Ohio
100
76,200
4% preferred
.......100
2,300 Bangor At Aroostook......50

260

14% Mar.

3% Mar. 26
28% Mar. 28

98%

—5

13,500

Sale

Sale

4,600 Armour (Del) 7% pref
100
.5
220,000 Armour of Illinois
$6 convertible preferred.
15,700
800
7% preferred
100
*
55,900 Armstrong Cork Co

92,200
163,700
31,800
1,600

100

1,400

Lowest
Sale Prices

AH
Sale

45,400

100

Highest
Sale Prices

Co.-20

A P

1
66,400 Assoclnted Dry Goods
6% 1st preferred
100
1,000
100
7% 2d preferred........100
2,400 Associated Investment Co..*
580
5% pref with warrants
100
110
5% preferred ex-warr.
100
100
203,000 Atchison Top Ac S Fe
5% preferred
...100
19,700
100
55,800 Atlan Coast Line RR__
•
5,600 AtlGAc WISS Lines
5% preferred...........100
7,900
M
93,000 Atlantic Refining
4% conv pref series A...100
5,500
1
54,500 Atlas Corp
6% preferred
50
10,400
•
7,500 Atlas Powder
910
5% preferred...........100
10,200 Atlas Tack Corp
32,300 J Auburn Automobile......
*
6,600 Austin. Nichols At Co
15 prior A
650
*
123,000 Aviation Corp (Del) The....3

24",200

Lowest
Sale Prices

Mar. 31

Ask

*

Andes Copper Mining
W Paper Co

180

600

1

Price

N.Y. STOCK EXCHANGE

Shares

March

RANGE SINCE JAN.

PRICES IN MARCH

STOCKS

Since
Jan. 1

In

EXCHANGE-STOCKS

4

Mar.

Mar.

1

69

Mar.

Mar.

9

66

68% Mar.

Mar.

5

68% Mar.

Mar.

Mar.

69

65

72

69

34

Sale

27

80

72

69

Feb.

5

27

Mar.

Mar. 17

72

72

Mar.

1

22% Mar.
42% Mar.

Mar.

Mar.
Mar.

3

14

1

14

Mar.

8

Sale

Sale

4%
6%
17%
104%
5%
38%

Sale

Sale
Sale
Sale

Mar.
Mar.
Mar.
Mar.
Mar.

Mar.

Mar.

Sale

36

Sale

105

2

Mar.

Mar.

2

36

Mar.

Mar.
3
Mar. 14

105

4% Mar.

Sale

3

Mar.

Mar.

9

2

Mar.

Mar.

1

Sale
Sale

Sale

Mar.

Jan.
Jan.
72
27% Jan.
Jan.
Jan.

d

14
12

11
10
1

Jan.

8

Jan.

10

Jan.

107

11
11

48
119

Jan.

7
6

Mar.

Jan.

Jan.

12

Jan.

12
19
25

3

Mar.

3

Mar.

2

Mar.

3

Jan.

12% Mar.
2% Mar.

1

12

Mar.

24

4% Mar.

Mar. 10

12% Mar.
2% Mar.

10

42

Mar.

Sale

12
12
5

80% Feb. 24
£73% Mar. 14

Mar.
Mar.
Mar.
Feb.
5% Mar.
38% Mar.

1

Mar. 14
Mar.
1
Mar.

Sale

Mar.

4%
6%
17%
104%

Mar. 10

Jan.

35

Jan.

Sale

68% Mar.

Mar.

72% Mar.
22% Mar.
42% Mar.

Mar. 14

Sale

80%

Jan.
Jan.

Mar.

4

20

Jan.
Jan.

4

10

Baldwin Locomotive Works _•
Assented

,

100

24,900
4,300
1,500
73,500
6,400
60

3,500
100
110

I,200
9,700
100

40,300
11,600
6,600
273,900
5,100
6,700
2,100
10,700
40,500
50

59,500
11,100
2,210
189,400
11,700

920
960

4,200
30,300
27,250

4,700
1,500
33,900

51,900
2,400
4,100
6,600
9,300
32,700
5,400
8,500
500

9,200
21,200
650

60,300
2,810
25,900
40,200
5,700
7,400

17,200
7,500
1,800
710

14,500
3,900
15,200
II,200
560

7,800
7,100
500

47,100
54,800
13,300
96,200

900

700

31,200
2,300
39,900

~6~,66o
320

6,600
33,100
330

1,600
4,300
1,100

100

35 preferred

w

*

w

Bendlx Aviation Corp
5
Beneficial Indus Loan Corp.*
Best Ac Co
•
Bethlehem Steel Corp (Del).*
5% preferred
20
7% preferred
100
7,500 Blgelow-Sanford Carpet Inc *
21,000 Black Ac Decker Mfg Co
*
77,900 Biaw-Knox
♦
*
100

428,100 Boeing Airplane Co
—.5
11,700 Bohn Alum Ac Brass Corp
5
1,720 Bon Ami class A
•
2,640
Class B
_._.*
8,300 Bond Stores Inc.........
1
76,900 Borden Co.(The)
15
91,850 Borg-Warner Corp...
5
12/700 Boston At Maine'
10«
7,300 Bower Roller Bearlng^Co..i7

Bridgeport Brass Co
*
BriggsManufacturing.
»
Briggs Ac Stratton
*
Bristol-Myers Co
5
Brooklyn At Oueens Transit.*
36 preferred
*
Bklyn-Manhattan Transit ..*
36 preferred series A
*
Brooklyn Union Gas
•
1,700 Brown Shoe. Inc
♦
19,400 Brunswlck-Balke-Coll
*
45,500 Bucyrus-Krie Co
10

95,400
123,400
4,800
9,600
15,300
40,600
104,900
18,600
29,500

7% preferred..
...100
151,900 Budd (E G) Mfg
*
7,200
Preferred 7%
100
60,100
Wheel......
*
62,300 Bulova Watch
»
14,800 Bullard Co
*
31,800 Burlington Mills Corp
1
45,700 Burroughs Add Mach
18,600 tBush Terminal Co
4,900
7% debenture
100
890

27,900 Calif Packing Corp......... •
5% preferred
50
700
...

1
143,900 Callahan Zinc-Lead
151,700 Calumet At Hecla Cons Cop .5

60

5

100
•

A-.l

33 preferred class A— .10

220 Car Clinch F At Ohio Ry_.100
Carpenter Steel Co...
...5
Carriers At General Corp
1

7,300
14,400
61,200
2,440
74,000
7,500
100,300

150

Mar.
1
Mar. 22

Mar.

86

Jan.

30

13%
10%

Sale
10%

Sale

10

112

115

Sale

42
Sale

85%

83%
Sale

Sale

14%

Sale

22

39%
Sale

Sale

92

24%
14%
Sale
17%

32

94%
5%
77%

Sale

Sale

15%
Sale
Sale

Sale

17%

64
Sale

62
Sale

23%
89
39%
12% Sale
17% Sale
22% Sale
3% Sale
16%
19%

22%
85%

Sale

39

Sale

27%

Sale

Sale

Sale

3%
19%

Sale

Sale

Sale

2
7%
Sale

Sale

Sale

Sale

1%
5%
8%
26

34

10%
32%
5%
5%
75%
3%
26%

35

8% Sale
7% Sale
75

4%
40

3%
26;
15%
7%

84

Sale
46

8% Mar.

7

15% Mar.

4
2

Mar. 30

12% Mar.

3

9

5% Mar. 31
12% Mar. 30

Sale

38
Sale

Sale
Sale
Sale
Sale

3

Sale

Sale

17

Sale

Sale

13%

Sale

Sale

Sale

17

Sale

Sale

2

Sale

Sale

5%

28%
1%
3%
5%
£16%
10%
34%
5%
5%
75%
3%
25
3

Mar. 30

Mar. 26
Mar. 25
Mar. 26
Mar. 30
Mar: 31
Mar. 29
Mar. 25
Mar. 26
Mar. 31
Mar. 31
Mar. 31
Mar. 26
Mar. 26

15%
13%
6%
14%
1%
4%

Mar. 26
Mar. 31
Mar. 29

6%
5%
16%
2%

Mar.
Mar.
Mar.
Mar.

Mar. 31
Mar. 28

Mar. 26

Sale

Sale

Sale

Sale

Sale

Sale

19

Sale

19

Sale

Sale

Sale

Sale

6

Mar. 31

Mar. 31
Mar. 30

3%
Sale

4l g

20

Sale

13

Sale

Sale

15% Mar. 30

6%
10%
13%
37%

52

Sale

45

Sale

Sale

1

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

49%

48

50

5%
9%
12%
40%

4%

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

2
5
9
4
1
2
1

9% Mar.
10% Mar.

37% Mar.

50

20% Mar.
15% Mar.
82% Mar.

35% Jan.

Mar.
Mar.

1

40

3
1
3
3
3

£9% Mar.
15% Mar.
16% Mar.

Mar.
Mar.
Mar.
Mar.

14

Feb.

12

Jan.

20

Jan.

12

17% Jan. 11
15% Mar. 5

\VA

30

Jan.
Feb.

Jan.

Jan.

Jan.

10

2

Mar.

Jan.

14

Mar.

22% Jan.

10
13

10% Jan.
26% Jan.
30% Jan.

11
20
13

34

Jan.

20

2% Jan.
9% Jan.
13% Jan.

13

!*

6%
5%
16%
2%

5
2
1
2

Mar.
Mar.

1

6

Mar.

4

20

18% Mar.

2

13

Mar.
Mar.

21% Mar.
48% Mar.
1% Mar.

4
5
1

45

Mar.

1

1
1

Mar.
Mar.
Mar.
Mar.

15% Mar.

5%
9%
12%
40%

Mar.
Mar.
Mar.
Mar.

12

Jan.

Jan.

13
12

Jan.

11

10

9%
81%
6%
54%
5%

Jan.
Jan.
Jan.
Jan.
Jan.

20

Jan.

10
8
27
12
11
20
32% Mar. 4

Sale

100

Mar. 30 109%
29% Mar. 31 48%
100% 100% Mar. 30 103
Sale
9
Mar. 30
16%
96%

Sale

Sale

Sale

Sale

92

21%

"i2% Mar."26 "21%

62

59

63

48

46

Sale

27

Sale

Sale

20

Sale

Sale

2

Sale

Sale

3%
103
10

6%
4

97

11%
7%
4%
106

A*
Sale
Sale

104

7
4

Mar.
Mar.

3% Mar.
97

Mar.

1

Mar. 3
1
Mar.
Mar. 15
1
Mar.

Mar. 1
Mar.
3
27% Mar.
1
3% Mar. 2
18 104% Mar.
2
26
10
Mar. 10
29
6% Mar. 9
31
4
Mar.
2
24 101
Mar. 11

Mar. 28
Mar. 31
Mar. 26

99% Mar.

13

2

Mar.

Sale

100%

1
2

Mar.

2% Mar. :
62% Mar.,

60

Mar.

16

2f*
i«
36%
19%
24%
49%

ill

Jan.
Feb.
Feb.

Jan.
Jan.

Jan.
Jan.
Jan.
Feb.
Jan.
Jan.

Jan.
Feb.

Jan.

8% Jan.
36

86

Jan.

Jan.

Jan.
4% Jan.
97% Jan.
li,9% Mar.

2%
62%
98%
29%
100%

Mar.
Mar.
Jan.
Mar.
Jan.

9

Mar.

18% Jan.

Jan.

94

92

12% Mar.
46

Mar.

20

Mar.

2

Mar.

99% Mar.
7

Mar.

4

Mar.

3 % Mar.
95

Jan.

11

9% Feb. 26
Jan. 10
20;
Jan. 15
3;
11
Jan. 17

18

Mar.

4% Mar,
34% Mar.
76% Jan.

Mar.

Mar.
Mar.;

13

Jan.

13
24

Jan.
Jan.

81

Mar.

13

41

7% Feb.
37% Jan.

5

13

21% Jan.

Mar.

1

37

Jan.

3

Sale

20
16
17
17
12

92%
44%
13%
19%
28%
4%

Jan.

1 i*

Mar. 17

2

11

Jan.

Mar.

Sale

6%

28

Mar.

72%

90

Sale

Mar.

1
2
1
2

Mar.
Mar.
Mar.
Mar.

104% 100

for

Mar.

18

Mar.
Mar.
Mar.
Mar.

13

17
11
15

Feb. 28

4% Mar.
34% Mar.

Sale

Preferred

75

iviar.

Jan.

45

20

6%

19

29

Sale

13

Feb. 28

4

Sale

dH

Sale

Mar. 12

14% Jan.
40%
65%
16%
98%

Mar.

Mar.
1
5% Mar. 31
Mar. 30
Mar.
1
Mar. 30
Mar. 10
28
Feb.
Mar. 17
3
Mar. 2
1% Mar. 25
Mar.
5
3% Mar. 26
5% Mar. 30
Mar. 5
Mar. 5 £16% Mar. 31
Mar.
1
10% Mar. 29
34% Mar. 25
Mar. 5
5% Mar. 26
Mar. 4
Mar. 31
Mar.
1
Mar. 7
75% Mar. 31
Mar. 31
Mar.
1
2
Mar. 26
Mar.
1
3
Mar. 26
4% Mar.
1
15% Mar. 26
32% Mar. 4
13% Mar. 31
19% Mar.
1
6% Mar. 29
9
Mar.
1
14% Mar. 31
18% Mar. 3
2% Mar.
1
1% Mar. 28
4% Mar. 26
8% Mar. 2

Mar.
Mar.
Mar.
Mar.

13
31
13
17

Jan.
Jan.

Mar.

30

Sale

83

Jan.

Mar.

5

Sale

Sale

5% preferred
.....100
Celanese Corp of America.
•

96%
30%
103%
8%

Jan.

Mar.;

Sale

Sale

Sale

......

Mar. 26

Jan.

40

9
23%
29%
32
2
7%
10%
31
16%
38%
8%
8%
80%
5%
48%

15
8%
22
3%
10%
33%

19

Feb. 23
Jan.

Mar. 24
Mar.
1

Sale

29

Mar. 31
Mar. 31

4

94% Mar.
5% Mar.
77% Mar.
8% Mar.
15% Mar.
26% Mar.

Mar.

Sale

Sale

Sale

92% Feb.
26

Mar. 23
Mar.
1
Mar. 19
Mar.
1
Mar. 2

3

23
12

Mar.

Mar. 12

Mai*.

Jan.

Jan.

SB
£109% Mar.
11% Mar. 30 *17%
9

Mar. 14
Mar. 3
Mar. 25

Feb.

l°0*

Mar.

Mar.

35

Sale
Sale

36%

5

Feb. 23
Mar. 22

19

21% Mar.
10% Mar.

Mar.

30
31
30
30

34
95

12% Mar.

29% Mar.

18

Sale

7% Sale

1

Mar. 23

5

Sale

Sale

5% Mar.

21% Mar. 29
10% Mar. 30

Sale

18% Sale

18% Mar.

3:109%Mar.30 111
11% Mar. 30 17
93
Mar. 25 93
95%
28
26
Mar. 26
30%
Sale
94% Mar. 31 103%
Sale
5% Mar. 31
7%
80%
77% Mar. 19 77%
Sale
8% Mar. 30 12%
Sale
15% Mar. 31
19
Sale
26% Mar. 31 39%
Sale
40
Mar. 31
59%
Sale
13
Mar. 30
15%
Sale
75
Mar. 31
94%
18
18
Mar. 30
23%
Sale
9% Mar. 30 15
Sale
10% Mar. 31
15%
15
14% Mar. 18 15
Sale
37% Mar. 31 42%
Sale
20% Mar. 31 30%
Sale
15% Mar. 31 26%
83
82% Mar. 26 87
Sale
40
Mar. 29
44%
Sale
£9% Mar. 23
12%
Sale
15% Mar. 31
18%
Sale
16% Mar. 31 28%
Sale
2
Mar. 23
3%
13
14
Mar. 29
18%

8% Sale
19% Sale
22%
26
30

12% Mar. 30

115
Sale

103%
109

58

11%
15%

Sale
Sale

17

97

29

40

Sale

12%

10% Sale
16% Sale

14

94%
Sale

100

For footnotes see page 40.




33
95

29

Mar. 28

Sale

7% preferred
....100
Caterpillar Tractor.......
*

Case (J I) Co

7% prior preferred.....100
200
•
14,900 Celotes Co
880
5% preferred
10
11,100 Central Agulrre Associates.*
71,400 Central Foundry Co........I
610 Central 111 Lt 4%% pref..100
.100
4,000 Central RR of N J
10,700 Central Violets Sugar Co.. 19
•
2,400 Century Ribbon Mills

20

Mar. 31

90

Sale
28

8

25

c

29

22

1,190
Pr®' ctfi of deposit
100
29,200 Butler Brothers
....10
9,100'
5% con* preferred
...30
A
48,300 Butte Copper At Zinc
32,500 Byers Co
Partlc preferred........100
2,130
14,400 Byron Jackson Co..........*

143,100 Canadian Pacific
4,400 Cannon Mills
3,900 Capital Admin Co Ltd

Mar.

95

10% Mar.
9% Mar.

10% Feb. 23
10% Jan. 11
13% Jan. 11

Mar.

Sale

tBush Term Bldgs—

30 Canada Southern Ry Co

5

Mar.

1
2

4

12

Sale

14%

83%

126,800
27,600
19,800
1,013,300
17,000
17,300

43,400 Campbell W At C Foundry.
317,200 Canada Dry Ging Ale

1

Mar. 31

5% Mar. 29

35
90

85

7% Sale

•
......

90 Blumenthal At Co pref

Mar. 30

4

Sale

Sale

30

96

20

340 BloomlngdaleBros

5

Sale

12%

42

50

300 Belg Nat Rys part pref

Sale

Sale

14%
15%
93% Sale

25

19,300 Beldlng-Hemingway

20

560

1st preferred

110|Beech Creek RR Co
2,6001 Beech-Nut Packing

50

3,100
7,400
19,100

preferred......100

Barber Co Inc.............10
Barker Bros
*
5%% preferred......
50
Barnsdall Oil Co
5
Bayuk Cigars Inc........—*

190

10

52,300
1,000

conv

7,900 Beatrice Creamery

60

123,700
6,000

5%

250

Sale

7% Sale
10% Sale
12% Sale

Jan.
lu3

Mar.

Jan
25% Jan
Feb.
28

Jan

4% Jan
105
11

Jao
Jan.

8% Jan
5% Jan
103

Feb.

April, 1938]
AGGREGATE

n. y. stock

33

exchange-stocks

SALES

RANGE SINCE JAN.

PRICES IN MARCH

1

Price

n. y. stock exchange

Jan. 3
Mar. 1

1938
Shares

Shares

33,300
23,800
3,330

Par

103,500 Cerro de Pasco Copp
65,400 Certain-Teed Prod
11,640
6% prior preferred

29,700
183,300
1,200
2,900
6,500
13,800
25,000
200
8,700

1,300
3,000
5,900
8,900
120

_

3,000
7,300
20,400
18,700
4,800
14,700
2,300
3,900
5,900
4,800

11"
56
3

18%

82

..*

20 *

Sale

22%
74*

60

Sale
Sale

11*

39
15

111

Sale

117

113

Sale

122
59

Sale

13,600
1,300

Congoleum-Nalrn Inc......*

3,000 "ongressClgar
1,060 Conn Ry A Ltg 4* % pref.100
151,500 Consol Aircraft Corp.......l
14,600
on noli da red Cigar
....

i

400

$5 preferred

.....

*

38.400 Consol RR of Cuba 6% pf.100
56,800 f onsolldated Textile.
.

20,500 Consolidation Coal Co vtc.25

2,800

5% preferred v t C......100
1,600 Consumers Pow Co $4.50 pf.*

84,300

Container Corp of America.20

85,100 Continental Bakcl A
*
74,900
Class B
2,800
8% preferred...........100

21,200

68,400
5,400
22,700
33,800
65,100
158,000
7,900
3,700
51,500
1,600
33,400
123,600
9,000
7,900
17,700
74,900

100

300

2,000
32,400

4,500
86,150

500

1,600

42,800

136,800
73,300

139,800
2,500
25,600
9,700
35,100
2,560
5,400
54,100
11,500
440,500
200,300

180
290

390
470

Continental Can
20
$4.50 preferred......
..*
Continental Diamond Fibre 5
Continental Insurance—2.00
Continental Motors
.....1
Continental Oil of Del
5
Continental Steel Corp

Corn Exch Bank Trust Co..20
Corn Prod Refining.......25
Preferred....
.......100
Coty.Inc
*
Crane Co.....*—
....25
5% conv preferred
...100

see




Mar. 14

28

2%6

Mar. 14
Mar.
2

26

4

28

1* Mar. 18

8*
*
*
*

31
28
29

2

Mar. 31
6* Mar. 31
22
Mar. 30

8

Sale

12

3*

Sale
30

37% Sale
10

Sale

60

Sale

60

52

2%
11*

Sale
Sale

1

102
109

15*

Sale
Sale

12%

Jan.

1

Jan.

1P

1*

Jan.
Jan.

10

Mar.

6* Mar.

4* Jan.
12* Jan.
Jan.

12
15
17

Jan.

20

Jan.

11
12
12
18

Mar.

22

30* Mar.
Mar.

ip8

1

Mar.

Mar.

8

Mar.

12

Mar.

Mar.

2*
2*
12*
16*

3* Mar.

Mar.

27

55

Mar.

13

Mar. 16
Mar.
8

59

66
56
3

18*

Mar. 17
Mar.
7
Mar. 11

Mar. 28

75
109

Mar. 31 112

Mar

Mar. 26

12
7

22* Mar,

69*

10

1

54

63* Jan.

3

60

Feb. 28

3* Jan.
24

10* Mar.
Mar.

75

12

Feb.

P

Jan.

150

15

Jan.

Mar.
Mar.
Mar.

2

12
Feb. 23

37

Mar.

,

Jan.
Jan.
Feb.

5* Jan.

35* Mar.

Mar. 28 150
75
Mar. 26

15* Mar, 26

3ip.

* Mar.
1* Mar.

15* Mar.

10* Mar. 26

Mar.

Mar.

Mar. 29

3* Mar. 30

5* Jan.
2* Jan.

Mar.
Mar.

Mar.

12

Mar. 24

Jan.

14

2

Mar.

27

Mar. 22

5
Feb. 23
13

* Mar.
* Mar.
* Mar.
2
Mar.

Mar.

13

2

I

Jan.

Jan.

8% Mar.

4

Mar.

8

54

Mar.
Mar.
Jan.

10
10
22
11
5
10

Mar.

Mar. 28
Mar. 25

Mar. 29
35* Mar. 31
10
Mar. 30
60
Mar. 31

89

Mar.

*
1*
*
2%
1*

4

Mar.

4

26

* Mar. 31
1* Mar. 28

20

80

1

23

Mar.

30* Jan. 12
12* Jan. 11
48* Mar. 2
38* Jan. 17

27* Mar.
23* Mar.

18

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

* Sale
1% Sale
1%
1%
9

Mar.

46* Jan
11
8* Jan. 19
32* Feb. 23
106

Mar.

Mar.

87

Mar.

Jan.

150

7
12

Mar. 28

75

Mar. 26

112

106* Jan.

Mar. 12
Jan. 10

15* Mar.

9*

Sale

108

Sale

Sale
Sale

58

IX

Sale

83*

85

Vk*

Sale
Sale

88

Mar. 31

Sale

20*
9*
3*
4*.

Mar. 24
Mar. 30
Mar. 31

20* Mar.

"9%

Mar. 29

is

Mar, 25

Sale

Sale
10

9%

17* Sale
17* Sale
67
12

27%
8%

72%
64*
31 %

Sale
Sale

35
Sale
Sale
Sale
Sale

81

90

37

Sale

85*
7%
1*
39*

93
Sale
Sale
Sale

20*
16

7*
10

8
19

88

14

Sale

60
36
90

28

13* Sale
13*

U"

42*

95
Sale

8%

100
Sale

3I"

23*

10%
7%
00%
73%

1%
HP.
4%
9%

45

23* Sale
80
102*
31* Sale
90

Sale

6

Sale

Sale
Sale

a?*
Sale
6

Sale
Sale

a\V*
Sale

Sale

Sale

Sale

Sale

Sale

14

Sale

Sale

59% Sale

Sale

1

26

31

7
93

Sale

7

Sale
Sale

4* Mar, 26

Mar.

4

Mar.

4

Mar, 30

Mar.

3

Mar.

3

Mar. 31
5* Mar. 30
1
Mar. 29
25
Mar. 31
22* Mar. 30
4
Mar. 30
15
Mar. 29
6
Mar. 29

Mar.

2

Mar. 19

Mar.

31

Mar.
9
Mar, 31
Mar, 26

Mar, 29

65* Mar, 31

1

65

Jan.

13
15
18

38* Jan.

17

95

\p
8

Jan.
Jan.

1

Mar. 26

4* Mar. 26

1

17

4

90

Mar. 31
Feb.
4

2
1

7

Mar. 30

Mar.
Mar.
Mar.
Mar.

Mar. 31
3

is*

Mar.

1

Mar.

8

10-

85

Mari1-

1

3

Jan.

15
10

24

31
21

83* Jan.

15* Mar.
14* Mar.

1

9% Mar. 31

1

8* Mar. 26
1* Mar. 29
65* Mar. 31

Mar.

1

Mar.

1

1
1
1

36* Mar. 30
107

Jan.

5

Mar. 30

31* Mar

1

Mar. 19

1% Mar

3

22

Jan.

!&
16*

10

34*

10
Mar. 26
40* Mar. 31
53* Mar. 30

11"

20

65

.X

I*
63
13

4*
40

Sale

17*

19*
9

7
1

69

Mar,

8

58

19* Mar. 31

Mai-

2

75

Mar. 29

Mar, 23

Mar. 29
19* Mar. 31
75
Mar. 29

Mar

12

Mar

1

Mar

1

* Feb. 14
5* Mar. 31

Sale

3

Mar

2

3

Mar

3

16* Mar

1

Sale

Sale
Sale
Sale

Sale

7

32* Mar,
11* Mar,

58

1

3

18

13%

26* Mar. 31
7* Mar. 29

1

Mar,

5* Mar. 31

75

14*

104*

\

...

Sale

55
Sale

AX

17
21
12

2
21* Feb.
5* Mar. 31
22* Mar. 30
33
Mar. 23
26* Mar. 31
7* Mar. 29

Sale

3* Sale
13* Sale
50

12

65* Jan.
Mar. 30 166* Feb.
Jan.
2* Mar. 26
19
29
Feb.
Jan. 31
85
98
Jan.
Mar. 31

163

28* Mar,

Mar,

ii
Sale"
Sale
Sale

* Mar.

Mar. 29
60
Mar. 29
13
Mar. 31
4% Mar. 31
39
Mar. 29
3
Mar. 30
12
Mar. 30
50
Mar. 29
18
Mar. 31
13
Mar. 31
4,* Mar. 29

13* Mar. 29
7

Mar. 23

4
6* Mar
48* Mar, 15
1
4* Mar,
17* Mar, 16
2
52* Mar,
1
22* Mar.
4
20* Mar,
6
Mar, 10
8
15* Mar,
9

.04* Mar. 30 106
17* Mar. 31
24;
19* Mar. 29 22
9

Mar. 30

13

Mar
1
Mar. 16
Mar.
1
Mar,
4
Mar,
9

11

Jan.

22* Mar. 28
85
Mar. 31
21 * Mar. 29
5* Mar. 31
22* Mar. 30
33
Mar. 23

9

17
12

Jan.

21* Mar. 30

35
33

12
21

15

2

1

Feb.

Jan.

Jan.

2

1

15
13

Jan.
Jan.

Mar,

17

Jan.

32

Mar,

Mar

18

45* Jan.

uon

13!

Mar

21

Jan.

Feb. 23

32

25

12

Jan.

2* Jan.
85

1
40* Mar. 31 50* Mar,
1
Sale
Mar,
53* Mar. 30 65
Mar. 30 164* Mar, 19
165* 163
3
Sale
4% Mar,
2* Mar. 26
94

17
13

101* Feb. 21
7* Jan. \7
Jan.
4
19
5% Jan. 12

98*
2*
*
2*

6* Mar. 31
21* Mar. 30
1
Mar. 19

Mar. 29

5

10* Jan.

10

60*

22

96* Jan.

21* Mar. 30

Sale

13
17
14

Mar. 19
1* Jan. 11
6* Jan. 12
25* Jan. 14

2% Mar. 30

Sale

Sale

12
3

Feb. 23
Jan. 17

68

5

Sale

52*

Jan.
Jan.

8

17

80

Jan.

Sale

Sale
32

Jan.

71

10

22*

Feb.

59* Mar. 26

21*

Sale

Jan.

1

40*
53*

Sale

Mar.

2

Mar. 30 43* Mar
Mar
Mar. 29 110
7% Mar
Mar. 31

Mar. 26

4

Jan.

Jan.

Mar.

1% Mar.
0% Mar. 17

2

Mar.

79

Mar.

22% Mar.
92* Mar.
4* Mar.
9* Mar.

84*

34

Mar. 29
4* Mar. 29

Mar

Mar, 19

90

11

10

r84*
9*
8*
1 *

15* Jan.

4* Mar. 30

Mar.
7
Mar. 22
Mar.
3

Mar. 22
Mar, 24 100
1
6* Mar.
Mar 31
1
% Mar|.
Mar 21

Sale
36*
108* 107*
Sale
6*
21* Sale
21*

Sale

7

98*
2%
*
2*

.

26*

13*

Mar

29

Mar

25

Sale
23

Mar

2* Mar. 30

Sale

Sale

29

*90

22$|

Sale

30

Sale

21*

12

Mar

Sale

3*

—

30

4

3

8*

22 %

22* Mar

Ik*

163

21*|

Jan.

x90

Sale

14

Sale
Sale

Jan.

si"
2i%

80

Sale

10
10

10
2

Mar, 29
Mar 31

31

Sale

ll

Jan.

70

42*
25*
7*
24*

5* Mar, 30

26

81

15

Jan.

Mar. 29

Mar. 10

Mar.

Mar. 10
1
8* Mar.
Mar.
3

73

c?*

22* Jan.

13

99

31

4* Mar
59* Mar

Sale

13* Mar. 29

10
10

99

Mar

Sale

Sale

12

25

90

29

Sale

15

44* Jan.

8

Mar

103

Jan.

8* Jan.
11* Jan.
9* Jan.

31* Mar. 31

it*

11

59*

20

29

2

31

37

55

29

31

43* Mar.

104

Sale

Mar.
1
19
Mar.
4
18
69* Mar. 17

24

30

31* Mar. 31

Mar

Sale

Mar.
Mar.
Mar.
Mar.
Mar.

Jan. 22
Feb.
8

8

17

Sale

11* Mar.
7* Mar.

20*
9%
3*
4*
5*

16* Mar.
6* Mar.

Sale

1*

9*
8*
1*
65*

96

2

Sale

Sale

4
12

Mar. 31

2

Sale

ltH

Jan.

88

Mar.

4*

70

27'

Mar.

22%
7*
9*
16*
7%
00%

Sale

16*

Jan.

Mar.

Mar.

29

Sale

i\y*
95

12

Mar, 30
Mar, 28

30

Sale

25

Jan.

125

Mar.

95

57
23
84

Mar

2*

17

Jan.

71* Mar. 19

Mar

1

Jan.

59

7* Mar.
87* Feb.
13* Mar. 31

Mar. 26
Mar,
3

6

5i"

Jan.

105* Mar;

36*

68

4% Mar

73

15* Feb. 17
117* Feb. 14

61* Mar.

28* Mar, 29
5* Mar. 30

15

11*

27

Mar. 30
9
Mar. 30
28* Mar. 29
5* Mar. 30
68
Feb.
8
57
Mar. 3
23
Mar. 30
84
Mar. 28

7

14

Sale

29

Mar. 29
Mar. 30
Mar. 30

8

85

50

102 %

13* Mar.
13

5

17

38% Sale
107*
7% Sale
28%
29
1% Sale
28% Sale

95

6

Sale
Sale
Sale
Sale
72

105

Mar.

24

1

Sale

14%
1 U

94

25

100% 103
6% Sale

3%

Mar. 16

92

Sale

7%
10%

25

13* Mar. 31

Mar. 28

7* Mar. 30

25* Sale
22* Sale
3*
15* Sale

Sale

Mar.

58

Sale
Sale

18

Feb.

Ill

9

67
58

Feb.

Mar.
Mar.

55

30*

Jan.

Mar.
Mar.

Sale

Sale

70
45
41

Feb.

32* Mar.
10* Mar.

Mar.

59
10

58

Sale

0%

1%

32* Mar. 29 39*
15
10* Mar. 31
112* Mar. 31 117*
31 123*
105* Mar.

Sale

9

60

63
Sale

Sale

3* Sale
5* Sale
4*
3*

Sale

22%

15

Sale

69*

Sale

83%
12%
10 %
1%
69 %

11

19

7% Sale

Sale
4% Sale
9* Sale
98* 104
3* Sale
% Sale
3%
4%

8
Sale

69*

24%

96 %

o

Sale

58*

37
Sale

18

"1% "7"
22

94*

66

33^

75* Feb.

Sale

Preferred
100
tCuba Co (The)
*
Cuba RR 6% preferred... 100
Cuban American Sugar
10
Preferred
100
Cudahy Packing
50
Curtis Publishing Co (The)*
Preferred................*
Curtiss Wright Corp.......1
Class A
1
Cushmans 8ons 7% pref..100
$8 preferred
..*
Cutler-Hammer, Inc., new..*
Davega Stores Corp—
5
Conv 5% preferred
..25

40.

*

7

48* Mar.

E6/i

20% Mar. 29
4* Mar. 30
17* Mar. 31
99* Mar.
18* Mar.

Mar.

10

33*
Sale
10*
117* 112*

•
Crown Cork A Seal..._..._*
$2.25 conv pref w w
..»
Preferred ex-warrants....*
Crown Zellerbach Corp....5
$5 conv pref
*
Crucible Steel of Amer..—100

page

Sale

Sale

Cream of Wheat ctfs—.—
Crosley Radio

6,70QDIeeel-Wemmer-GilbertCorplO

For footnotes

Sale

78

...............

50,600
6,700
2,400
3,400 Davison Chem Corp (The)—1
460 Dayton Pr A Lt 4%% pre 100
515,900 Deere A Co new...........*
22,400
Preferred
-20

0%

95

Sale
24

Sale

.

300

Sale

4

4
1

30*' Mar.

Mar. 23

150

93

-

270
7% preferred
......100
1,940
6*% prior pref........100
11,500 Consol Him Industry......J
12,500
$2 partlc preferred.......*
319,500 Consol Bdlson Co of NYinc*
22,000
$5 preferred...
....._..*
16,500Consol Laundries Corp.... 6
285,200 Conso'ldated Oil Corp
..*

3%
20%

24

53,800 Commonwealth Edison Co. 25
'Jonde-NostPubllc'ns......*

2

5%

94

Sale

ft

.

2,300
$4.25 conv pref ser of'35..*
138,700 Commercial Solvents..
__*
379,300 Commonwealth A Southern *
31,700
$6 preferred............—*

2,300
27,100

Sale
0
Sale
* Sale
* Sale
* Sale

Mar. 23

*
1*
*
2%
1%

%

a

23

7

1
Sale

2*
1%
8%

10

98
30

95*

s

IgX

4* % conv preferred
100
55,700 Comm'l Investment Trust..*

900

*

Mar.

7* Mar.

42

Mar.
99* Mar. 25 106
18* Mar. 31 27* Mar.

80

Sale

*

Sale
Sale
Sale
60

20% Mar. 29
4% Mar. 30
17* Mar. 31

27* Mar. 30
23* Mar. 26

Sale
6

16

Highest
Sale Prices

80

1*

Sale

95
21

"l2*

600

21,000
1,100
66,500
145,400
12,900
20,400

58

57*

*

....

400

99

1%

37

Lowest
Sale Price

45

....100

Preferred

17,100 Columbian Carbon v t c
*
20,500 Columbia Pictures Corp vt c *
1,700
$2.75 conv pref
*
357,200 Columbia G A El common—
3,400
6% pref series A........100
420
5% preferred
......100
64,500 Commercial Credit
10

28,600

Sale
Sale
90

Highest
Sale Prices

18% Sale
0%
7%
27%
31
23* Sale

151

105* 107

5% preferred

4% 2d preferred........100
Columbia
Broadcasting
27,900
System Inc class A....2.50
6,200
Class B
2.50

600

203,100
11.200
3,600

•

100

,

75

190

141,100
1,400

160

53*

—

6,600
2,200
7,600
8,300

32,000
3,100
1,100
1,300

5

20 Colonial Beacon OH Co

70

900

5

16,110 Colorado Fuel A Iron Corp..*
2,270 Colorado A Southern—
100
1,659
4% 1st preferred
....100

870

1,980
16,500
1,160
1,300
16,500
4,600

15%
35

25

110

10
690

7,300

9

100

290

10,300

-

100

20,300 Coca-Cola Co (The)
*
1,500
Class A
97,200 Colgate-Palmolive-Peet Co..*
4,900
6% preferred...........100
27,200 Collins A Alkman
*
530
5% preferred
....100

140

16,400
55,100
4,800
1,800
6,400

7% prefferred

32,000 Cluett, Peabody A Co

31,600
1,000
10,600

10*

Sale
Sale

5

18* Sale

Sale

100

160

29

1% Sale
1% Sale
3% Sale
12% Sale
30%
31*
1% Sale
2% Sale
1 %
1%

60 Cleve A Pitts RR Co 7% gtd 50
40
Special guar 4%
50
46,400 Climax Molybdenum Co
*

600

800

%
4%
1%
12%

4% preferred.........—100
tChlc Indlanap & Louis ptlOO
Chicago Mall Order Co
5

10

8,500

21,200
1,700
9,600
16,000
36.400
58.000
2,700
1,650
23,700

^Chicago Great Western.100

1,820 Cleve Elec 111 $4.50 ser pref—•
16,100 Cleve Graphite Bronze (The) I

16,300
9,000

29,100
25,400
34,100
1,100

1

10 C C C & St Louis Ry Co

7,400

28%

2%

80 City Investing Co
......100
11,900 City Stores
..............5
12,100 CJark Kaulpment

10

300

80

100

-

21,700 City Ice A Fuel
2,060
6*% preferred

690

8,400
36,400
8.400
1,200

35%

109

4% preferred

950 Chile Copper..
1,167,200 Chrysler Corporation

10

110

45%

.....100

tChio A East 111 RR

10,600

70

1,700
5,300
7,500
102,300
8,900
8,000
135.200

11"

10,300
6% preferred
.....100
2,300 Chicago Yellow Cab
*
12,200 Chlckasha Cotton Oil
10
29,020 ChildsCo

6,300
5,000

l*

Sale

Ask

105 h 100%

Chea*peakeCorp
Chesapeake & Ohio.......25
Pref series A

cs

*Chlc M» S* p*«l * Pacific

3,100
13,700

43,400
8,000

26

62,200
5% preferred...........100
47,500 tChlcago A North West..100
12,100
Preferred
100
41,300 Chicago Pneum Tool
*
3,900
$3 conr preferred
*
10,700 tChic Rock Isl A Pac
100

600

200

Sale

Sale

30*

Lowest
Sale Prices

Mar. 31

Ask Bid

40%

420

400

342,000
11,000
1,110

"00

Bid

36* Sale
0% Sale

Champion Paper & Fibre Co
6% preferred
—10
6,100
Common.................*
4,500 Checker Cab
6

120

1,700
1,500
16,800
86,400

400

*
1

Ask

Bid

25

33
12

72
44

94
1

13
5

87
18
7
50

3* Mar. 30
12* Mar. 30
48* Jan. 11

5
18
52

Mar. 31

22

13* Mar. 31
4* Mar. 29
13* Mar. 29

24

7

25
14

II

Jan.

39
37

Mar. 29
60
Mar. 29
13
Mar. 31
4* Mar. 31
39
Jan.
3

18

Jan.

ih

Mar. 23
3 107
Jan.
Mar. 31

11
17
4
Jan. 12
Jan. 12
Jan. 12
Jan. 11
Jan. 17
Jan.
7
Feb.
7
Jan. 10
Jan.
3
Jan.
6
Jan. 12
Jan. 18
Jan.

Jan.

Jan.

10

Jan.

17

Feb. 21
Mar.
1
Jan. 10
Jan. 10
Feb.
8
Feb. 17
Feb.
8
Feb. 28

Mar. 29

25

Mar. 30

15* Jan.

Jan.

20
11

34

N. Y. STOCK

aggregate

sales
Since

March

Shares

30,300
56,100
2,000
4,300
200

20

2,900
3,200
2,600
7,300
23,700
1,000
1,000
250

6,300
44,900
2,400
109,400
10,000
1,100
3,900
300
300

3,700
700

:;V

50

89,600
1,200
3,500
880

10,200
16,300
60

11,600
20,800
28,100
45,400

1938
Par

66,800
104,700
5,500
11,600

Bid

8c

Hudson.....100

15

Del Lack Ac

Western......50

Delaware

t Denver RIoGfk Wes pref 100
Detroit Edison

100

270 Detroit Ac Mackinac Ry Co 100
20
5% preferred
100

5,110
10,300
5,700
22,400
51,300
4,700
2,600
890

Sale

7* Mar. 29
4

Mar. 31

8

1

Mar. 26

2

76

Mar. 31

93

3* Mar. 21
5* Mar. 25

4

95

2*

100

4*

Sale

11

5

Sale

21

Sale

Diamond T Motor Car Co...2

*
*

......

3,600
5% preferred
100
1
6,000 Dunhill International....
...—*
1,100 Duplan Silk
90
8% preferred
100
....

Du Pont de Nem Ac Co (EI).20

6% non-voting deben.-lOO
$4.50 preferred
*
1,590 Duquesne Light 5% 1st pf.100

.5
27,500 Eastern Rolling Mills
38,500 Eastman Kodak Co. of N. J.*
730
preferred
100
...4
29,800 Eaton Mfg. Co......
39,300 Bltingon Schild
5
95,900 Electric Auto Lite (The)
3
223,300 Electric Boat
......

25

Sale

20* Mar. 30
35
5

6*

Sale

Sale

12H

Sale

Sale

11

75

74

67

16*
33*
20*

30

&;

32

Class A..

18*
55

14* Mar. 28

Sale

6*

Sale

47* Mar. 31
4* Mar. 29

12

88*
90

Sale

Sale

31

Sale

Sale

89

18

21
Sale

24

15

Sale

Sale

11*

Sale

18*

3

8*
0

13
115

8

111* Sale
132* Sale
110

112

111* Sale
5

^

6*

Sale

14

4

135

0* Sale

3*
6*

Sale
Sale

0
5

Sale

6

Sale

Sale

156*
166*
17*
3*
19*
8*

Sale

159
Sale

8
»8

153

3* Sale
15* Sale
8* Sale

Sale
10
Sale
Sale

2

14
113

161
16

Mar. 25
Mar. 30
Mar. 18
Mar. 30

35*
W

6*

112

Mar. 30

Sale"
Sale

31*

5% pref with warrants-100
Dixie-Vortex Co

Lowest
Sale Prices

Sale

33

Distil Corp-Sea&rama Ltd

Highest
Sale Prices

Sale

30

*

Lowest

Sale Prices

Mar. 31

,4s*

6* Sale
1* Sale

*

...

4%

Participating

Mar. 1
Ask

Pref..25

Devoe 8c Reynolds A
Diamond Match...

15,600 Doehler Die Casting Co
*
.....*
141,700 Dome Mines Ltd.
6,300 Dominion Stores Ltd-..
324,300 Douglas Aircraft Co Inc—
*
21,100 Dow Chemical Co
2,000 Dresser (S R) Mfg cony cl A..*
Class B__........
14,400
2,500 tDuluth South Sh 8c Atf.100

214,700
4,200
8,000

1

Price
Jan. 3

Jan. 1

Sharer

range since jan.

prices in march

STOCKS
N. Y. STOCK EXCHAN QE

In

EXCHANGE—STOCKS

Sale
Sale
Sale
Sale

Sale
Sale

3* Sale
122

Sale

116}
11}

Sale

Mar.
7
Mar. 14

5* Mar. 25

25

Mar. 30

205

Jan.
3
Jan.
5
Mar. 30
Mar. 18
Jan. 26

5

7* Mar.
15* Mar.

7
4

11

75

4

66

Mar.

15* Mar. 10
32* Mar. 2

20* Mar.
57* Mar.
7

Mar.

10*
*
*
2*

10
Mar. 31 108

14* Mar. 28

2
1

Feb.
8
Mar. 30
47* Mar. 31

1

4* Mar. 29

Mar. 4
Mar. 1
Mar. 16
Mar. 7
Mar. 22

Mar. 31

10

30
12

31

Mar. 30

87*
15

5*
39*
26*
36*
9*
16

75
17
34

22*
60*
8}
46 J

Jan. 27 112
Mar. 26

6* Mar. 25

22

Mar. 25

8* Mar. 28

25
28
20
16

12
Jan.
5
Mar. 4
Jan. 12
Jan. 12

Jan. 11
Feb.
1
Jan.
Jan.

20
21

Mar.

2

Jan.
Jan.
* Jan.
* Jan.

10
17
3
3

3* Jan.

8
28

10

Mar. 31 115

108

Mar.
Feb.
Jan.
Mar.
Jan.

12}

* Feb. 11
* Feb. 28
2

12

24

Jan.
Jan.

27

90* Mar. 31 123* Feb. 23
Mar. 16
130* Mar. 31 137
110
Mar. 31 115* Mar. 10
111* Jan. 3 116* Mar. 1

7* Jan.

Mar.

1

3* Mar.
121* Mar.

167

Mar. 10 165* Mar.

5

157

165* Feb. 16

Mar.

6
3* Mar. 31
121* Mar. 31 157

10* Mar. 30
Mar. 23

13* Sale
6* Sale

13* Mar. 30

18

21*
*
*
1*
18*
33*

Jan.

1
1
1

Mar.

Mar.
Mar.
Mar.
Mar.
Mar.
Mar;

9

Mar.

.

1

2

12
6

Jan.

21* Jan.
4* Jan.

10* Mar.

3* Mar.
19* Mar.

Mar.

Mar. 30

1

17* Mar.

2* Mar.
6* Mar.
22* Mar.

6

5* Mar. 25

31

Mar.

8* Feb. 25

2* Jan.
Jan.
Mar. 31 108
4* Jan.
3* Mar. 21

1

38

90* Mar. 31 120* Mar.
1
Mar. 16
130* Mar. 31 137
110
Mar. 31 115* Mar. 10
114
Mar. 15 116* Mar.
1

2

Mar. 31
Mar. 26

1

76

26* Mar. 1
36* Mar. 16

8* Mar. 28
108

7* Mar. 29
4

3

Mar. 30
41* Mar. 15
Mar.
Mar. 30 112
2
Mar. 26
20* Mar. 3

Mar. 25
6)
* Mar. 21
* Mar. 23
2
Mar. 25

165
Sale

2

Mar. 29
Mar. 30

1
1

16* Mar.
Mar.
Mar.

Highest
Highest
17* Jan. 12

13* Mar.

15
12

21* Jan. 12

Mar.

10* Jan.

2* Mar.

Jan.
Jan.
Jan.

6

7

Elec Ac Musical Ind—

15,400
146,700
14,000
6,900
5,500
100

1,600

28,300
432,200
37,600
16,400
11,900

300
140

780

43,100
2,400
1,300
500

5,600
18,400
10,100
5,700
6,200
11,200
2,000
5,520
1,830
27,800

Elec Power Ac

Light—_.....*

$7 preferred....
$6 preferred
...——*
Elec Storage Battery
*

•

New

...

3* Sale
11* Sale

10

36

shares

1.200 tElk Horn Coal Corp

1,600
3,400
35,100
1,000

100

14,200

American

Sale

38

Sale

2* Sale
6* Sale
22* Sale

33

Sale

32

Sale

18

26*
*

Sale

31

Sale

21* Sale

v8* Sale
a*

*

*

Sale

'""* Sale"

—

-—50

6% preferred
El Paso Natural Gas Co

Endicott-Johnson

"2

3
50

18

5% preferred...—....—100

155,100 Engineers Pub Service...... 1
$5 cony preferred ......—*
5,600
*5.50 preferred w w
*
3,600
$6 cum preferred—......*
1,000
23,900 Equitable Office Bldg
........100
111,800 Erie Railroad
4% 1st preferred.......100
48,500
4% 2d preferred........100
19,400
..5
12,900 Eureka Vacuum Clean
33,800 Evans Products Co—....—5
3,800 Exchange Buffet Corp. .....*
14,450 Fairbanks Co.............25
8% preferred
.....100
6,040
*
52,200 Fairbanks Morse Ac Co
6% preferred
100

2*
18*
32*

34* Sale
102* 104
4* Sale
44
48*
46

14",700

4,300

7,200

60

700

6*
9*
7

Sale

2*
3*

5,300
6,000
2,700
1,200
9,900

_

.

14",600

2,400

44,900
4,900
12,100
139,900
3,900

200

700

6,100
VT 2,800

24,600

12,700
12,900
2,200
69,100

220

360

3,600

9,400

300

550

24,500

68,400
1,140
5,070

800

3,900

47,200

'

880

150

350

5,800
10,100
1,700
820

80
9,100
4,500
,

300

16,400
23,400
240

8,100
19,300
3,400
1,200
3,800
130

297,800
33,600
42,500

Firestone Tire Ac Rubber—10
6% preferred series A..-100
First National Stores...
-*
Flintkote Co (The)
♦
Florence Stove Co
—..*
Florshelm Shoe (The) cl A..*
tFoilansbee Bros
*
Food Machinery Corp.....10
4)4% conr pref
100
Footer-Wheeler
.....10
7% conv preferred....
*
Francisco Sugar Co—..—*
Franklin Simon pref
10fl
Freeport Sulphur Co.
10
Fuller Co prior pref...
*
$6 2d preferred
♦

14,800 Gabriel Co (The) Class A...*
34,000 Gair Co Inc (Robt)
1
6,800
$3 preferred
10
1,230 Gamewell Co (The)
*
180 Gannett Co Inc conv $6 pf__*
23,900 Gar Wood Industries Inc...3
16,800 Gen American Inveotoro
*
1,400
$6 preferred
.—...—*
35,800 Gen Amer Transp Corp..—.5
55,300 General Baking Co
5
530
$8 1st preferred-.........*
19,200 General Bronse..........—5
65,100 General Cable...........—♦
20,100
Class A.
2,800
Preferred 7%
100
10,400 General Cigar Inc..........*
600

Preferred (7)

.....100

734,300 General Electric
*
64,900 General Foods
62,800 General Gas Ac Electric cl A.*

2*
2*
2*
5*
1*
*

Mar.

Mar.
Mar.
Mar.

2

2*
2*
2*
5*
1*

Mar.

8

3

Mar.
Mar.
Mar.
Mar.

6

Jan.

5

10

Jan,
Jan.

Mar.
Mar.
Mar.

Mar.

Jan.

Jan.

27

26

32* Mar.

7

26

10* Mar.

68

Sale

8
75
50

!

98*
Sale
Sale
Sale

6* Mar.
71* Mar.
55

Mar.

Mar.
Mar.

1

2

22* Mar.

Mar.
75* Mar.
31* Mar.

16*Mar.

Mar.

1

80

.,

70

84
Sale

2

80

Mar.

24* Mar. 30

10* Mar.
22* Mar.
16* Mar.
1* Mar.

Mar.

3
1

18

Mar.

Sale

85

Mar.
7
Mar. 11
Mar.
3

4*
14*
16*

43

Sale

Sale

8

Sale

121
4

10*
19*

88
Sale
Sale

127

Sale

Sale

Sale

Sale

Sale

29

Mar.

8

20* Mar, 31
Mar. 31

27* Mar. 31
22* Mar. 30
* Mar. 30

30
56

Sale

30
Sale

25
51

Mar. 25
Mar. 29

Sale

Sale

119

Mar. 28

30
5
9

30*

Sale

25* Mar. 31
113

Mar. 30

Sale

4

Sale

6* Mar. 29

108
Sale

Sale

Sale

23* Sale

99
Sale

87

Sale
100

a

\H

2

100

102

1*

Sale

Sale

Sale

18*

Sale

Sale

Sale

23*
25

Sale

Sale

Sale

11

12

20
Sale

16

18
Sale

Sale

10 £
60

Sale

Sale

59*

Mar. 11

12

Sale

Sale

! Mar. 10
I Mar. 9
Mar.

1

} Mar.
I Mar.

7

Mar. 31
Mar. 23
Mar. 30
Mar. 30
Mar. 19
Mar. 25

1

Mar. 22
Mar.
1
Mar. 5
Mar.
1
i Mar. 5
Mar.

21* Mar. 30

Sale

Sale

105

1

1
1

120

Sale

103

j Mar.

i Mar.
i Mar.

Sale

Sale

1

Mar.
8
Mar. 21

1

Sale

Sale

2

Mar.

110

Sale

1* Mar. 29
2* Mar. 31

1

Sale
Sale

Sale

3

116* Mar. 31
2* Mar. 31
5* Mar. 31

115* 120
40* Sale
31* Sale

Sale

14* Feb.

Mar. 19

Mar. 30

50*

3

Mar. 10

Mar. 30

1

4

9* Jan.

1

11

Sale

22* Feb.

6* Mar. 31

35

4

| Mar.

1

Mar.

2

Mar.

3

Mar.
Mar.

2

1

1

Mar. 19

10

Mar. 30

9* Mar. 26
85

Mar. 10

L10

Mar. 31

27* Mar. 31
22* Mar. 30
* Mar. 30
25

2

Sale

Mar.
Mar.

Sale

8* Mar. 23

Mar.

Mar.

1
1
2
7

14* Mar. 23

Mar.
Mar.

2
1

7* Mar. 29

Mar.

1

18

57*

14* Mar. 23
9

Mar. 29

7* Mar. 29
51

Mar. 29

Jan.
Jan.

16* Jan.
90

Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Mar.
Jan.
Jan.
Jan.
Jan.
Feb.

21
fl

12
17
7
20
17
12

10

11
10
15
11
12

10
12
24

23

120* Feb. 11

45>|

Jan. 10
33* Jan. 17
1* Jan. 11
30
Feb.
3
57* Jan. ll

Mar. 5
25* Mar. 31 38* Jan. 16
112* Jan.
4 116* Mar.
6
21* Mar. 30 31* Jan. 18
4
Mar. 31
6* Mar. 29
L02
Jan.
5 106
lk Mar. 30
2*
12* Mar. 30 26*
85* Mar. 19 90
1
2
Mar. 25

Mar.
Mar.

4

5

16

Mar. 25
3
Jan.
4 122

50* Jan.
118

Jan.
Jan.

2* Jan.

4* Mar. 29
7*
4* Mar. 31
7*
82
Mar. 29 97
29
Mar. 29 45*
9
6* Mar. 31
116* Mar. 31 123
5*
2* Mar. 31
13
5* Mar. 31
11
Mar. 30
25*
35
Mar. 30 72
20* Mar. 31 28

13* Mar. 29
15* Mar. 31
13
Mar. 31

Sale
Sale

12
13
21

4

[ Mar.

Mar. 29
Mar. 29

Sale

5* Jan.
40* Jan.
28
27

; Mar.

Mar. 10

45
Sale

Mar. 31

19* Mar. 30

Mar.

4* Mar. 29
4* Mar. 31

74

26*

Mar. 29

2* Mar. 31

10
96
Feb. 20
20* Jan. 12
65
Jan. 18

Mar.

Mar.

Sale

63
26

11

2

82

10

50

3

85

Sale

5

Jan.

85

28

10
12

3

8

Mar.
2
Mar. 15
Mar.
2

Mar.

29* Jan.

15
11
11

33* Jan.

1* Mar. 26

2

8

25* Jan.
92
Jan.
34* Feb.
18* Feb.

Jan.

4

Mar.

90

9f* m

8

11
18

21

Mar. 29
Mar. 25
Mar. 31

; Mar.

Sale

95
Sale

12

Feb. 11

18

Mar. 30

88

Sale

,

5

9* Mar. 29

10

Sale

p

15,400
28,300

Sale

16

Mar.

1* Mar. 29
2* Mar. 31

10
Sale

10* Mar. 26
22* Mar. 28

Mar.

11* Mar.
Sale

Mar. 25

Mar.
Mar.

Mar.
Mar.
Mar.
Mar.

2* Mar.

24

Sale

12

33* Feb. 23

Mar.

"16* Mar."31

Mar.

87*

Sale

9*

Jan.

18

Sale

30

Mar.

11* Sale
23* Sale
15
16*
1* Sale

Sale

Sale

Mar.
Mar.

2

Jan.
Jan.
2
Jan.
18* Jan.
x79
Jan.

Mar.

25

Sale

1

1*
1*
12*
67*
22*

Mar. 15

96* Feb.

24* Mar.

Sale

Sale

1

Mar.
96* Feb.

21

19* Mar.

Sale

7

1* Mar.

Sale

120

Mar.

12* Mar.

28

73

75

Mar.""!

1 * Mar.

Sale

21

55

68

25

46
Sale

Sale

6* Mar.

71* Mar.

Mar.

Sale

16* Sale

Sale

Sale

2

2
Mar. 15

75
75

"2* Mar.'

Mar.

Mar.

33* Feb. 18
10* Jan. 14
75* Feb. 25

Sale

22* Sale
.....

Mar.

11

m*
Sale

Jan.

Jan.

50

Sale

1
2

Mar. 11
Mar.
2

Mar.

Mar.

55
Sale

10,400
10,500




Sale

Sale

2,490

For footnotes see page 40t

5

76

180

54,500

Mar.

Sale

1,136,100
13,700
3,000
14,800
29,900

69,600
8,000

2

33

Sale

347,800
5,400
1,300
4,400
7,200

800

1

19* Mar.

Sale

50

13,500
30,700
1,600

Mar.

3

21

Sale

157,500
13,200
75,400
22,120
20,500
3,400

Mar.

Mar.

29

119

71,700
8,600
21,700
8,250
10,700

2

Jan.

19* Mar.

Sale

*

90

Sale

Jan.
Jan.

19* Sale
93*

91
Sale

6% preferred
100
General Motors Corp......10
Preferred (5)...
*
Gen Outdoor Advertising. A*
Common
General Printing Ink......l
$4 preferred..............*
General Public Service....
General Ry Signal
*
6% preferred...........100
Gen Realty Ar Utilities Corp. 1
$6 preferred..............*
General Refractories....
*
Gen Steel Castings $6 pref..*
Gen Theatres Equip Corp...*
Gen Time Instrum Corp....*
General Tire Ac Rubber Co..5
Gillette Safety Rasot ......*
$5 conv preferred.........*

$6 conv preferred A

2

Sale

30
Sale

1,310

90

Jan.

1* Mar.

Jan.

Sale

7,400 General Mills........

80

62

2

1

69*

260

2,300

54

Mar.

Mar.

2

Sale

Filene's (Wm) Sons Co...—*

Mar.

46

1* Mar.

11

Sale

4H% preferred.......—100
Fidelity Phenix Fire Ins.2.50

40

1

* Feb.
3* Mar.

3*

Federated Departm't Stores.*

4

1

2*
2*
1*
14

Federal Water Service A....*

3

Mar.

Mar.

90

*

38}

Mar.;
Jan.

106* Jan.
6* Jan.
49* Jan.

Mar.
Mar.
Mar.

3* Mar.

Sale

Federal Screw Works

100
2.

Mar.
Mar.

Sale

105

*

5
1

Jan.

Mar.

*

....100

Preferred...

Feb.

33* Mar.

Mar.
Jan.

Mar.;

3* Sale

lk

7
50

Federal Motor Truck

* Mar.
1* Jan.
17

Jan.

Sale

40

22,900
9,500
19,900
10,300
4,000
21,000

31%
H*
40 n

Mar.

Sale
Sale

70

—

Mar. 11
Mar. 22
Mar. 26

Mar.

Mar.

5*
1*

Sale

30
11

Light k Traction—15

Lvaar. 23

Mar.

40

21* Mar.
* Feb.

1

Mar.

Sale

74

Federal

18

7

Mar. 28 106}
Mar.

Sale

Sale

Fa Jar do Sug Co Porto Rico. 20

6* Mar.
22* Mar.

42
Sale

3* Sale
7* Sale
1* Sale
1* Sale
7*
9*
27

1

Sale

2*
Sale
Sale

100

1

2

Sale

62

2

33*

Mar.

Mar.
Mar.
Mar.
Mar.

Sale

200
$6 preferred
*
1,200 Federal Mining Ac Smelt..100
100

10",500

100

55

54

Sale"

86

Sale

—

~4~, 800

Sale

Mar. 10

13* Mar. 29
15* Mar. 31
13

Mar. 31

8* Mar. 23
9

51

i*
it*
20

Mar. 29

Mar. 29

P

AGGREGATE

SALES

in

Since

March

Share*
69,100

25,300
1,300
21,100

Price
Jan. 3

40

29,000
5,000
3,000
3,800
7,000
3,300

13,500
101,000
5,900
180

"o", 850
110
_

84,200
16,800
4,700
220

2,300
2,300
1,800
390
r 8.100

2,500
160
120

12,200
70

3,000
140

10,100
700

25,100
600
120

90 Gold A Stock Teletf Co

310

Preferred........

—

5,300
10

38,900
2,100
19,600

154 Sale
1254

\l*

29

18

415
10

Sale

8

Sale

40

42

1H
29 X

654

1754

20

25
32 X

26
34

654 Sale
18
17 X

13 X

37

6% preferred...........100
A...........1
240
654% preferred w w
10#
21,200 Hayes Body Corp
2
4,500 Hazel*-Atlas Co............25
58,000 Hecker Prod Corp ▼ t c.....*
25
1,500 Helme (G W)
390
7% preferred
100

91X

.......

150
15

Motors....—...

52

L25

Sale

129

4154
5054
84 54 Sale
16

25

19

Sale
100

9

Sale

20 54

Sale

19*
22
99

it*

Sale
Sale

51
Sale
20
Sale

105
9

185*

102

101

53
21
8 54

56
128
43

AX

96
Sale
Sale

Sale
25

6054 Sale
23 54
2254

50
Sale

3754

2X

"16""

154 Mar. 26
254 Mar. 30

Sale

35

i§x
73

2%

61g

70

Sale
Sale
Sale
Sale

5254

19

X

1354
2354
12354 124
50

40

1IX
30
8

7%
12

354

854
22

Sale
35
Sale
Sale
Sale
Sale
Sale
Sale

2654

3054 Sale
Sale
Sale

5

9754
9054
Sale
125

a5A

Sale

Sale
83

554

Sale
88

140"" 14754
Sale

10

4254 Sale
130
51

122
39
80

865
1654
19.
1954 Sale
Sale

100

554 Sale
1454 Sale
110
100

4954 Sale
1754 Sale

Sale

Sale

6

48 54 Sale
79
83

51X Sale
88 54
92
754 Sale
49 X Sale

44

Sale

Mar.

2

254 Mar.
35ft Mar.

2

23

1

2

Mar.

4

1754 Mar.
5254 Mar.

1

3

Mar.

1

8654 Mar.
454 Mar.

2
2

Mar. 22
15ft Mar.
1

55

Mar.

1
8

Mar. 31

Mar.

Mar. 30

Mar.

5
4
2

1054 Mar. 30
1954 Mar. 31

Sale
Sale
Sale

Sale
Sale
Sale

40

254 Mar. 31

AX

S*

1
4

Mar.
Mar.

31
30
26
30
29

Mar.
Mar.
Mar.
Mar.
54 Mar.

Sale

85ft Mar.
55
23

72

1554
72
254
5254

Sale
8

Lowest

Sale Prices
5
Mar. 29
43
Mar. 28
13
Mar. 30
38
Mar.
2

Mar. 11
Mar. 31
Mar. 31

10
35

254 Sale

12
98
93
95
88
15
2154 Sale
125 X 128
120
7
4
654
77 54
60
50
2
Sale
1
77
9554 99

Hat Corp class

Sale

Sale
Sale
70

2

94

190

Hercules Powder new.....

30

127
50
Sale

126

•
*

740
6% preferred...........100
1,000 Hershey Chocolate.........*
$4 cony preferred........
4,600
1.400 Hlnde A Dauch Paper Co..10
41,700 Holland Furnace..........
910
$5 cony preferred.........*
21,500 Hollander (A) A Son........5
15,200 Holly Sugar Corp.........
10
7% preferred...........100
158,200 Homestake Mining..... 12.50
6,300 Houdallle-Herahey cl A ....*
Class B
•
55,200

Sale

2254 Sale
1254 Sale
23 JSale

2ft
Preferred A...——......2ft

AX

42

Sale

25 X

Hackensack Water.......

Harbison Walker Refrac

AX

Sale

.....

9,400

60 X

154 Sale

10
13,000 Mall Printing.....
*
4,300 Hamilton Watch.......
270
6% preferred...........100

38,000

88

55

——10ti

340 Hanna (M A) Cc If pref

56
Sale

Sale Prices
5
Mar. 29
43
Mar. 28
13
Mar.3u
38
Mar. 2

Ask

92

86
4

......

33,300

610

P

163,300 Greyhound Corp (The).....*
32,600
5H% preferred.......... 10
11,100 Guantanamo Sugar......
640
8% preferred
100
3,900 Gulf Mobile Or Northern.. I so
4,800
6% preferred...
.....100

800

41

1654 Sale

.............

9,800

7,400

72

100

670
Preferred!
Idii
30 Green Bay & Western RR. lOd
24,100 Green (H L) Co
1
120 Greene Cananea Copper.. 100

2,600

5454
Sale

Highest
Sale Prices

Lowest

Mar. 31

Ask Bid
Sale

254 AX
354 Sale

.

15,900 Hercules

2,500
1,100
17,000

si*
n*

254,000 Graham-Paige Motor*...... I
Granby Conaol Mining
66,000
Smelting & Power Ltd
5
9,400 Grand Union Co trust erf*. 1
6,800
S3 conv preferred series
*
18,300 Granite City Steel.......
14,900 Grant (WT)
10
13,200
5% preferred
20
48,300 Great Northern Ir ore proi
241,000 Great Northern pref——.10ft
16,700 Great WesfSug

5,000

450
700

*

187,700 Goodrich iB F)
11,500
Sf preferred.............
316,400 Goodyear T (k R
S5 preferred
10,300
•
15,300 Gotham Silk Hosiery.—... *

240

85,400

Glmbef Brother*

Mar. 1
Bid

.

11,700

3,500
113,200
3,900
7,900

1938
Par

——

800

67,500

n. y. stock exchange

2,400
$6 preferred......
•
55,300 Glidden Go (The).
......*
2,600
4H% conv preferred
50
26,100 Gobel (Adolf)....
..I
28,000 Goebel Brewind Co.
...1

9,300

RANGE SINCE JAN.

PRICES IN MARCH

STOCKS

Jan. 1

Shafts

35

N. Y. STOCK EXCHANGE—STOCKS

April, 1938]

Mar.

1

Mar.

Mar. 16
Mar. 30
Mar. 31

Mar.

1
2

Mar.

1

Mar.

1

Mar. 30
Mar. 23

Mar.

4

Mar.

2

1854

Mar."

1

41

Mar. 21

21

954
1254
2354
12354
"

13 54 "Mar ^ 30
3454 Mar. 29
754 Mar. 31

31

7^| Mar. 31
M^
12
3

1154 Mar. 15
854 Mar. 19
154 Mar. 2

Mar. 22

7

lix
98

9054 Mar. 24

9454
15
Mar. 29
2154
121
Mar. 28 12554
454 Mar. 30
654
5054 Mar. 31
67
15ft Mar. 31
2

Mar.

1

95

Mar.

1

554 Mar. 25
754 Mar.
8454 Mar. 23 *9154 Mar.

2

95

4254 Mar. 31
128

Mar.

80

1654 Mar. 25
1954 Mar. 29

Jan.

Jan*

11
17
15

Jan.

19
57
24
89

Feb.

15
23
28

454 Jan.

11

55

Jan.

Feb.

t

2

Feb. 21
Jan.

12

654 Jan.

12
11
11
10

Jan.

Jan.

10
24

1554 Jan.

12

Jan.
Jan.

12

23

32

12

Mar. 31
Feb. 18

15
121

Mar. 29
Mar. 28

454 Mar. 30
5054 Mar. 31
154 Mar. 31

14
6
22

12
16
15

854 Mar. 19

nl'X

28
6
19

Jan.
Jan.
Feb.
Jan.

10
12
16
12

Mar. 11
Jan.
6
Jan.
7
2154 Jan. 15
Jan. 18
100
Jan.
6
96
Jan.
25
15
12654 Feb. 28
Jan. 19
Feb.
8
67
254 Jan. 11
Feb. 24
95
754 Jan. 17
28

34
7

£754

Mar.

1

1554 Mar.

2

1
Mar. 11
Mar. 11

Jan. 11
58
4254 Mar. 31
Feb.
1
12654 Jan. 19 130
40
Mar. 19 4354 Jan. 26

56

1 130

Mar. 19
Mar. 28

40

1

3
80

7954 Mar. 29
554 Mar. 25
Feb. 23
8454 Mar. 23 94
140
Jan.
8 15254 Feb. 17
10
Mar. 26
Jan* 11
17

Mar. 22 150
Mar. 26

2454 Mar. 28
3054 Mar. 31
5
Mar. 25

9054 Mar. 24

7

10

4

8

9

145

754 Feb.

5

Mar. 18
2

10

Jan.

23 12754 Jan.
40
Jan. 22 40
Jan.
1354 Mar. 30 2154 Jan.
Feb.
3454 Mar. 29 45
754 Mar. 31
1154 Mar.

2

Mar.

29

30

Mar.

Mar.

11
19

Jan.

31

Mar.
Mar.

Mar.
Mar.

7954 Mar.

3
30

Mar. 29

Mar. 11
Mar. 11

95

Mar.
Mar.
Mar.
Mar.

8

Mar. 18

Mar. 25
Mar. 31

Jan.

954
1254
2354
12354

Mar. 25

15

5
12

20

3

28
34

Jan.

3

i

554 Mar. 11

2454 Mar. 28
3054 Mar. 31

51

Mar. 31

Mar. 31
Mar. 28

Mar.

954 Jan. 10
Jan*- 13

58
27

8
Mar. 30
Jan.
Jan.
1054 Mar. 30
1954 Mar. 31 *2754 Jan.

12

21

Sale Prices

254 Mar. 31

8

Mar. 28
Mar. 25
Mar. 29

8

Highest,

154 Mar. 26
254 Mar. 30
70
Feb,
3
10
Mar. 31
35
Mar. 31
1554 Mar. 31
72
Mar. 30
254 Mar. 30
5254 Mar. 30
54 Mar. 29

1

1

43

93
20

2454
100
Mar. 10 10054
554 Mar. 26
854
14
Mar. 26
185ft
102
49

Mar. 16 102
Mar. 30 6054
1754 Mar. 31 2254
6
Mar. 30
10

9

Mar.

Mar. 11
Mar. 2
Mar. 16

80
17

Jan.

Mar. 12
Mar.
7

98

Jan.

Mar.

14

5

Mar. 16
Mar.

4

Mar.

3

Mar.

1

Mar. 28

93

Jan.

1654 Mar. 25

20

Mar.

13
2

31

2454 Mar. 16
10 10054 Mar. 12

554 Mar. 26
Mar. 26
102
Mar. 16
49
Mar. 30
1754 Mar. 31
6
Mar. 30

Jan.

il*

Jan.

12
12

Mar. 16
Jan.

20

Jan.

12
12

1154 Jan,

Household Finance-

3,200
500

75,300
17,600
3,100
1,400
13.600

38,100
47,200

49,600
500
940
270

2,800
16,100
3,000
40

15,600
85,200
10,100
25,100
5,000
280

5,200
79,800
13,800
4,100
5,700
72,800
1,850
40,500
12,700
11,500

Common stock....——.-*
6,900
1,800
5% preferred
... 100
187,100 Houston Oil of Texas » t c .25
Howe Sound Co...——ft
54,000
6,200 Hudson ft Manhattan....100
2,000
5% preferred...........100
13,500 Hud Bay M&SmCo Ltd..100
135,900 Hudson Motor Car—.—..*
139,800 Hupp Motor Car Corp...—1

250

500

Internet Nickel of Canada..*

680

860

2,700
2,300

530

2,320
3,300
290

11,600
1,200
2,000

3,300
110

6,500
8,600
80

85ft

Sale
154 Sale

654

....

International Salt—....—*

Island Creek Coal

1

preferred—...........1

Jewel Tea Inc..............*

92,800 lohns-ManvllIe .........—*
Preferred. .............100
1,300
7,320 Vones ft Laugh Steel pref. 100
6,100 Kalamazoo Stove A Fura Co 10
310 Kansas City Lt 1st pf Ser B *
39,900 Kansas City Southern.—100

4% preferred—........ 100
3,600
4,400 Kaufman Dept Stores..112.50
11,400 Kayser (J) A Co............5
110 Kelth-Albee drpheum pf.lt*
Kelsey Hayes Wheel-—
Convertible class A.......1
13,600
Cone class B...........—1
23,300
340 Kendall Co $6 pt pf ser A...*




2054 Mar. 30

Sale

3

Sale

14

70
Sale

Sale
Sale
Sale

254

254
754 Sale
2

Sale

1554 Sale
xl30

Sale

5254 Sale
14254 Sale
354 Sale
254 Sale
654 Sale
Sale
Sale

3854 Sale
12754 135

Mar. 29

5

Mar. 30

54 Mar. 30

54 Sale

3
15
83

50]
135]

3

654 Mar. 30

Mar. 31

4654 Jan.
4
8354 Jan. 26
5

Mar. 31

854 Mar.

1

50

Mar,

2

Mar.
Mar.

1
5
7

2354 Mar. 30
154 Mar. 26

2354 JVxar. 28
854 Mar. 2
154 Mar.

2054 Mar. 30

5

3

Mar. 29

5

Mar. 30

54 Mar. 30

5254 Mar. 22
90

Feb.

24

854
5354
254
754
2354

Jan.
Jan.
Jan.
Jan.
Mar.

11
13
13
13
28

10

Jan.

13

154 Jan.

10

1354 Mar 24

20

Mar.

1

654 Mar. 30
1354 Mar. 24

20

23

3354 Mar.

3

23

38

Jan.

Mar.

2
1

4

Mar. 30
Mar. 16
Mar. 29

Jan.

1454 Mar. 31

M

22

.

4
4

Mar. 30
Mar. 16
Mar. 29

1154 Mar.

6
7

Mar.

1454 Mar. 31

20J4 Mar.

60

78

1

Mar. 25

.3654 Mar. 16 L38
5754 Mar. 31 75
754 Mar. 30 1354
354 Mar. 30
454.
25ft Mar. 26
554
15
83

Mar. 30

2

Mar. 29

Mar. 16

654 Mar. 30
2

Mar.
Mar.
Mar.
5054 Mar.

15
:130
.41

Mar.

26

23
85

Mar.
Mar.
Mar.

1

1
5

Mar.
1
Mar. 14

354 Mar. 15
1154 Mar. 1
354 Mar. 1

26 25
31 L54

31

1
Mar. 5
Mar. 31
Mar. 4

1
3

Mar.
Mar.
Mar.

2

654 Mar. 31

1054 Mar.

3

3654 Mar. 31

5154 Mar.

1

7 13554 Mar.

1

2

135

Mar. 25

Mar.

6
4

1

4

Feb. 25

Jan.

10
18

60

Jan.

135

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

6
12
12
17

Jan.

17

Mar. 25 86
Feb.
8 138
5754 Mar. 31 7854
754 Mar. 30 1554
354 Mar. 30
454
2 5ft Mar. 26
654
15
Mar. 30 25
83
Mar. 16
95
2
Mar. 29
654 Mar. 30 1354
2
Mar. 26
354
15
Mar. 26
29

Mar. 3
Mar. 11 *130

6854 Mar.

9 L52

354 Mar. 31

4

Feb. 25
Jan. 10

iIX

Mar. 31 15454
70
141
Mar.
9 152
354 Mar. 31
2
Mar. 25
654 Mar. 31
11M

5054 Mar. 31

3654 Mar. 31
132

Jan.

14
6

12
11
19

13
12

21
11
Mar. 3
Jan. 12
Jan. 11
Jan. 21
Jan.

Jan.

5254 Feb. 23
1

19 13554 Mar.

"

6,900 International Shoe.........*
6,400 International Sliver———106
7% preferred
100
1,060
—— •
386,600 Internat Tel ft Tel
Foreign there certife
*
169,500
39.200 Interstate Dept Stores....—•
Preferred.............. 100
1,680
3,700 Intertype Corp...........

For footnotes see page 40.

Sale
Sale

5

Sale

5754 Sale
754 Sale
354
354

754 Sale

9,100

154 Sale

2354 Mar. 30
154 Mar. 26

25

60
138

30 5ft Sale

Si

90

654 Sale

43 54 Sale
125
132

5254 Mar. 22

Mar. 31
Mar. 31

11

5% cony pref.........—100
kl6,210 Int Rys of Cent Amer_..._.*
Voting trust certificates..*
"4",880 5% preferred...........100

5,500

5

ft Pow cl B.*

129,200

4,500

86

86

2354 31
254
3
454 Sale
145ft Sale

New. ............ .......15

207,500

30

2,400
40,700

100

Preferred...

4754 *4654 Mar. 30
Sale

554 Sale

21

Sale,
7

6% preferred...........100

Internat Paper
Class C

187,300
25,000
13,900

IjHS

154
454

..

839,610

1,720
2,700
3,500
3,600

Sale

*
37,100 Inland Steel
331,500 Inspiration Cons Copper..20
22,300 Insuranshares Ctfs Ine.—.l
100
44,200 tlnterboro Rap Tran...
17,900 d Interchemlcal Corp.......*
710
6% preferred.......—..100
*
13,100 Intercontinental Rubber.
296,400 Inter lake Iron.............*
41,500 Internet Agricultural......*
Prior preferred...—....100
10,400
12,700 Int Business Machines..—.*
166,900 Internet Harvester......—.*
7% preferred
...——100
2,550
111,500 Internet Hydro-Elec Sys A.25
44,300 Internet Mercan Marine....*
62,900 Int Mining Corp.——1

400

"

42

........ISO
125,500 Illinois Central
5,300
0% pref series A.......100
Leased line 4%.........100
4,460
RR sec stock ctfs ser A1000
1,050
7,100 Indian Refining.... .....10
49,900 Industrial Rayon Corp.....*
....*
9,200 Ingersoll-Rand

286,700

90,600
53,700
3,150

654 Sale

354 Sale

854 Sale
33 5ft Sale
4
454

454 Sale
1854 Sale
254 Sale

§6

"3954 Sale"
21
32
16

Sale
Sale

12

65

Sale

50

654 Sale
7

Sale

6

954 Sale

7X

Sale

20
Sale
15
17
13
1354
74 X 87

754 Sale
454 Sale
88

2854 Mar. 25
1954 Mar. 31
Mar.
Mar.
Mar.
Mar.

31
28

30
31
Mar. 30
654 Mar. 30

6554 Mar. 18

8

Sale
Sale

18
111

Sale
115

18

A\x

4454 Mar.

5154
Sale

Sale
124
Sale
Sale

12554
Sale

18

ilIU

Sale

654 Sale
67

117

60 M Sale
76 X Sale
123
124
71
Sale

Sale
Sale

554 Sale

70 X Sale
954
10X
21H Sale
116

Sale

1954 Sale
2854 Sale

Sale

454 Mar. 29
1854 Mar. 31
254 Mar. 30

Sale"

Sale"

13

2154
1654

Sale
Sale

Mar. 31
Mar. 30

58
122
50

Mar.
Mar.
Mar.

1254 Mar.
118
5
12

Mar.
Mar.
Mar.

1354 Mar.

Sale

11

7654
5

Sale

354 Sale
8254 8954

1
1
3

454 Mar. 29
1854 Mar. 31
254 Mar. 30

Man "3
2154 Mar. 18
3354 Mar. 2

1954 Mar. 31
2854 Mar. 31

454 Mar.

'4154
19

2854 Mar. 25

Mar.

2

12

6554 Mar.

8

854 Mar.
854 Mar.
1154 Mar.
70
Mar.
1154 Mar.
2154 Mar.

l
1

4654 Mar. 30
4
554 Feb.

2

6

Mar. 28

Feb.

4

654 Mar. 30

1

63

3
3

8
18

Feb. 10
Mar. 31
Mar. 30

11654 Jan. 19

Sale

Sale
80

854

8

854 Mar.
33 5ft Mar.

65

Mar.
Mar.

454 Mar. 29
3

85

Mar. 26
Mar. 1

6354 Mar. 11

4454 Mar. 30

78

58

Mar.

4

12554 Mar. 14 122
65
18

Mar.
Mar.

l
5

11854 Mar. 25
Mar. 3
4
Mar. 4
Mar. 1
Mar. 18

Mar,

a*
73
S

Mar. 15
554 Mar. 1
8554 Mar. 24

50

Mar. 29
Jan
24
Mar. 29

954 Jan.
3954 Jan.
6

Jan.

12
12
21

Jan. 21
Feb. 17
Jan. 24
Jan. 17
20
68] Jan. 25
854 Feb. 26
854 Feb. 26
1354 Jan. 12
75
Jan. 11
12
Jan. 18
24
Jan. 15
117
Jan.
8

48]
22]
35]

£X
86
lllX

Mar. 11
Jan. 10
Mar. 14
Jan. 10

78
10
1954 Jan
Mar. 8 11854 Mar. 25
5
Mar. 31
Feb. 25
12
Mar. 29
Jan.
3
Jan. 12
1354 Mar. 31
11
Mar. 30
Jan. 12
65
Mar. 25 73
Mar. 18

1254 Mar. 25

118

$

P

454 Mar. 29
3

80

Mar. 26
Jan.
6

954 Jan.
65i Jan.
87

Jan.

10
10
14

36

N. Y. STOCK EXCHANGE—STOCKS
SALES

AGGREGATE

STOCKS

MarchM

Jan. 3

Shares

Par

611,800
24,200
3,900
5,200

"T.740

2,720
42,900
4,300
3,100
40,400

Kennecott

Copper
♦
Keystone Steel 8c Wire Co—*

Klmbarly-Clark........
Kinney (G R)
.....

600

6,300
6,000
190

20,300
12,600
82,100
19,400
6,700
5,300
24,400
2,600
3,500
33,200
12,100
23,100
140,300
2,800

■

Series B

4,500

#1,800
900

600

^7,020
1,900
9,300

32,700

5,430

3,340

640

310

60

580
19,800
v

500

6,700
,

10,600
30,500

28,900
270
2,400

100

164,800
.

700

1.270
41,800
15,300
9,200
10,200
17,100
590
■'

1,600
7,900
340

26,600
700

Manati

Sugar Co

Mandel

Bros

*

5,470

tManhat'n Ry Co.
Mod

7% gu.100
..100

5% guar

Manhattan Shirt.

....25

13

16

22

Sale

7)4 Sale
24% 25%
88%
90% Sale

88

160

170

Sale

105%

1% Sale
32

Sale

3% Sale
18

Sale

103% 106
16% Sale
131
135%
16

Sale

51

Sale

16

Sale

4%

27
90

93%
165

26% Sale
10%
10%
23% Sale

1-6
Sale

17%

Prior preferred
Second preferred

6

10

6%
Sale
Sale

4 6*
7%

Sale
1%
1%
23% 28
7% Sale
20% Sale
3

Sale

Masonite

Corp—

7% preferred

100
10

*

*
$3 preferred ex-warrants.-*
$6 1st preferred
....*
McCall- Corp...........--..*
tMcCrory Stores new com.. 1
6% con? preferred...
100
w

$3

con?

McLei

6%

an

*

pref

Stores Co......—1

con?

pref

Mead Corp

$6 pref series A

—

100
*
*

$5.50

5%

conv

1st pref..

50

210 Merch 8c Min Transp Co....*
Mesta Machine Co
5
..

....

•Haml Copper
5
62,500 Mid-Continent Petroleum.10
......—

153% 157
34% Sale
5

20%

Sale

25

8

Sale

73

25%
81

94%
166

19

80

14% Sale

Sale

Sale
Sale

32
126

22

Sale

32

Sale

12%
27

12%
Sale

13%
6%

11%

15

7%
13
2%
Sale

%
4

10%
1%
28

1%
6%
11%
2
Sale

8% Sale
18% Sale
3%
3%
34% Sale

22%

40
6
21

41
Sale
24

90

95
Sale

Sale

7% Sale
35

Sale

7
80

94

7%

13

Sale

50

53

72
54

43%

46%

*

Sale

8% 1st preferred
100
10 Milw El Ry 8c Lt 6% pref..l00
39,400 Minn-Honeywell Reg Co....*
540
4% conv pref ser B.....100

91
93

96
100

61

Sale

102

105

5.
21%

6

40

5%
Sale

15%

Sale

9% Sale
19

Sale

26% Sale
95% Sale
93

Sale
Sale
Sale
Sale
Sale

Sale
128

Sale
Sale
Sale

24%

116% 126
16% Sale
25

10%

Sale

Sale

18% Sale
Sale

4%
6
6% Sale
2% Sale
9

Sale

1% Sale
5%

Sale

J*

m
3%
10
19

5%

5

Sale
a

l%

Sale

Sale

14% Sale
3

Sale

25

Sale

28% Sale
3% Sale
17
Sale

61

Sale

75
8%

Highest
Sale Prices

26% Mar. 30
6% Mar. 31
20

114

93

Sale

1% Mar. 29

15% Mar 31
2% Mar. 26
.

22

Mar. 26

12% Mar. 31
8

Mar. 29

15

Mar. 26

8%
3%
10%
13%

Mar.
Mar.
Mar.
Mar.

100
3

%
1%
19%
6%

19%
23%
6

25
81

81%
160

31
26

31
30

14%
20% Mar. 26
Mar. 25

29

12% Mar. 31

Mar.

4% Mar.
27% Mar.

15% Mar.

9
7
1

Mar.

2

22% Mar.
11% Mar.
4% Mar.
14% Mar.

2
4

15

Mar

13%
128%
12%
30%

17Mar.

31

17%
104%

13

22

Mar. 29

18% Mar.

27

ill6% Mar. 30 122
1 16
Mar. 29
22%
24% Mar. 30
32%
10
Mar. 26
12%
18% Mar. 31 27
% Mar. 29
1%
4% Mar. 30
5%
5% Mar. 26
16
2% Mar. 26
8
Mar. 30

1% Mar. 31
5

Mar. 31

% Mar. 4
3% Mar. 23
9% Mar. 28
% Mar. 30

18%
5%
14%
2%

Mar. 30
Mar. 30
Mar. 30
Mar. 26

25

Mar. 29

19% Mar. 31
162

Mar. 28
Mar. 29

83% Mar. 9
8% Mar. 31

Sale

Sale

10% Mar. 31
7

Mar. 23
Mar. 31

Mar. 26

35% Mar. 25

14

Sale

14

5%
28%
5%
70

Sale
Sale
Sale

5% Mar. 29
28% Mar. 31

Mar. 29

5

Mar. 26

83

Mar. 26

For footnotes

.....

see page




40.

Mar.

1

2

Mar. 21
Mar. 23
Mar.

5

5

Mar. 17

4% Mar. 23
12% Mar. 11
1% Mar. 8
28

8%
19%
3%
35

Mar.

1

Mar.
1
Mar. 16

Mar.
Mar.

2
4

27% Mar. 10
Mar. 17

41% Mar.

2

Mar. 30

Mar

22

26

12% Mar 31
8

Mar

Jan.

Mar. 29

3

%
1%
19%
6%

Mar.
Mar,
Mar.
Mar.
19% Mar.
23% Mar.
6

1% Jan.
5% Jan.
28% Jan.

30

27% Mar. 2
42
Jan. 11
9
Jan. 10'
27% Feb. 25

31

21% Mar.
7% Mar.
Mar.

2
1
1

23

Mar.
2
Mar. 26
Mar.
1
Mar. 28
Mar.
2
Mar. 3
Mar.
2
Mar.
1

Mar. 11
Mar. 2
Mar. 1
Mar. 2
Mar. 1
Mar. 12
Mar.

13

53

35

Mar. 31

44

3%
16%

Sale
Sale

3% Mar. 30
16% Mar. 29

5

9
28

14
Sale

5%
13%

Sale
Sale

26% Mar. 30
5% Mar. 31
12% Mar. 30
Mar. 30

16

Sale

16

80

Sale
92

80

Mar. 31

15%
40%
9%
19%
26%
95%

50

Sale

50

Mar. 31

67

2

100% Mar. 31 105% Mar. 18
Mar. 1
Mar. 7
Mar. 29
Mar. 16
Mar. 21
Mar. 9
Mar. 2
Mar. 1
Mar. 2

Mar.
Mar.

4

Mar.

1

1

Mar. 25
Mar.

1

Jan.

Jan.

81% Mar. 31 102% Jan.
160

14

10
11

Mar. 30 167
14% Mar. 31
18

20% Mar. 26
29

Mar. 25

12% Mar. 31
33

Mar. 31

104

Mar. 23

% Mar. 26
26

Mar. 31

2% Mar. 28
14% Mar. 31
97

13%
128%
12%
30%
13
22

Jan.
5
Feb. 28
34% Jan. 12.

42% Mar.
20
Jan.
52% Jan.
106% Jan.
1% Jan.
39% Feb.
4% Feb.

21
Mar. 31 106
31
18

Mar.
Mar.
Mar.
Mar.
Mar.

23 140%
31
17%
29 56%
30 21%

Mar. 29

31

% Mar. 29
4% Mar. 30
5% Mar. 26
2% Mar. 26
Mar. 30

9

1% Mar. 31
5

Mar. 31

% Jan.
3% Feb.
7
Jan.

6

7
8

% Mar. 30

18%
5%
14%
2%
25

Mar.
Mar.
Mar.
Mar.
Mar.

30
30
30

26
29

19% Mar. 31
157

5

12
12
14

17
21
23
Jan. 12
Jan. 18
Jan. 14
Mar. 11
Jan. 13
Jan. 10
Jab. 12

Jan.

116% Mar. 30 126
16
Mar. 29
24%
24% Mar. 30 32%
10
Mar. 26
13%
18% Mar. 31 30%
2

7

Jan.

21

Jan. 12
Feb. 28
Feb. 10
Jan. 11
Mar. 15
Jan. 10

9

20% Jan.
9
Jan.
12% Jan.
2% Jan.
7% Jan.
1% Jan.
6% Jan.
12% Mar.
1% Jan.
29

Jan.

9% Jan.
21% Jan.
4% Jan.
37% Jan.

13

13
13
11

11

31
13
11
13
14
12
3
24

10

27% Mar. 10

Jan.

26 165
Feb. 23
28% Mar. 31 42% Jan. 15

3% Mar. 26
Mar. 29
Jan.
4

35
7
84

11

Mar. 30
Mar. 30 100

81

Mar. 28

4

6% Feb. 25
12
13
12

26
29
30
29

Mar. 29

25

12

10
8
31
15% Jan. 12
30 19% Jan. 12
4 102
Feb.
9

26

17

Mar.

12

Jan, 12

20
80

42

17

18

1

2

12

12% Jan.
6
Jan,

Mar. 29
Mar.
3

9% Mar.

Jan.
Jan.

30

31

20
91

74
15

6

17% Jan.

28

29

4

1

3

12
18

Mar. 26

Mar.

Mar.
1
Mar. 18
Mar. 15

Feb.

Mar.
Mar.
Mar.
Mar.
Jan.

23

9

15

16% Jan.
18% Jan.

8%
3%
10%
13%
95

Mar.

12% Mar.

43% Jan. 10
9% Jan. 12
22% Mar. 4
2% Jan. 10

15

?

6

Mar. 25

1§

2
1

3

1

50

r is

Mar.
Mar.
Mar.

Mar.

2

4
Mar. 26
Minn Mollne Pow Implem..*
7
Sale
5% Sale
7
4% Sale
35
Mar. 31
50%
52
52
55
37
Sale
50%
% Sale
%
6,400 Minn St Paul"8c"S S"Mil—Ion
% Sale
% Mar. 24
%
,%
% Mar. 16
% Sale
7% preferred...........100
1,000
%
1
Sale
% Mar. 28
1,610
4% leased lines........100
)4
11
Mar. 31
15
15% Sale
Sale
15% 11
12,800 Mission Corp-..............*
14%
3
1% Mar. 26
•
2% Sale
33,200 Mo Kan-Texas .;
3
3%
1% Sale
4% Mar. 29
8% Sale
9% Sale
10
71,900
4% Sale
5% preferred series A...100
1%
1%
% Mar. 30
12,500 {Missouri Pacific........100
1% Sale
1%
Convertible prefer red—100
2% Sale
2% Sale
36,600
1% Mar. 25
Sale
2%
10
Mar. 30
13% Sale
18,600 Mohawk Carpet Mills
15% Sale
...20
10% Sale
15%
84
Sale
39,400 Monsanto Chemical Wks.-lO
88% Sale
68% Mar. 31 89
68% Sale
110
111
111
400
$4.50 pref.
113% 111
114% 113% Mar. 25 113%
25
Mar. 31
457,300 Montgomery Ward 8c Co.....*
36% Sale
30% Sale
25% Sale
36%
2,000 Morrell (J) 8c Co.........
21%
24%
*
27% 29
24% Mar. 31 26
24% Sale
33
25
Mar. 31
3,450 Morris 8c Essex
50
Sale
36% Sale
36% 25
36
145,700 Mother Lode Coalition.....*
% Sale
% Sale
% Mar.
1
% Sale
%
41.200 Motor Products
*
15% Sale
17% Sale
10% Mar. 31
18
10% Sale
12
Sale
21,400 Motor Wheel
8
8
5
Mar. 31
Sale
10% Sale
12%
32,800 Mueller Brass Co
1
17% Sale
16% Sale
11% Sale
11% Mar. 29 17%
5
Sale
4
4
44,200 Mulllns Mfg Corp class B...1
Mar. 25
6% Sale
Sale
6%
50
50
54
55
26
1,570
$7 conv preferred.........*
Mar. 30
51
28% Sale
11
13%
3,400 Munslngwear
11%
*
14%
9% Sale
9% Mar. 30 13%
51
Sale
50%
51
14,100 Murphy Co (G C
*
34% Mar. 26 50%
38% Sale
102% 102%
1,040
98% 105
98
5% preferred...........100
98% Mar. 29 103
5
Sale
4
64,500 Murray Corp of America-. 10
6% Sale
Mar. 29
4% Sale
6%
44
46
30
1,300 Myers (F E) 8c Bros
40% 50
*
40
37% Mar. 29 x43

i" ?|

Mar. 21

6% Mar.

59
Sale

17,300
3,200

Mar. 17

5

45
35

100% Sale

1
1

3

62

Mar. 19

7

Mar.

6% Mar. 26
61% Mar. 30

14

1

Mar.

12

Mar. 10
165

28% Mar. 31
3% Mar. 26
17

1

Mar. 1
Mar. 3
Mar. 1
Mar. 2
Mar. 1
Mar. 3
Mar. 3
Mar, 2
Mar. 11

Mar. 31
16%
Mar. 23
140%
Mar. 31
16
Mar.
Mar. 29
49% Mar.
Mar. 30

9

2

17% Mar. 15
32% Mar. 1
42%>Mar. 5

.

97

9

3

15% Mar. 31
2% Mar. 26

1

18

50%
104
Mar. 23
106%
% Mar. 26
1%
26
Mar. 31
38%
2% Mar 28
4%
14% Mar. 31

10%

7% Sale
61%

1% Mar. 29
12% Jan.
7

Mar. 31

33

61

55

Mar. 17

2

Feb.

19

15% "Mar." "2

17
Mar. 3
Mar. 29
101% Mar. 19
Mar. 29
6% Mar. 9
Mar. 26
% Mar. 1
Mar, 29
3% Mar. 7
Mar. 30
26% Mar. 1
Mar. 29
9% Mar. 2
Mar. 30
27% Mar. 2
Mar. 31 35
Mar.
1
Mar. 29
8
Mar.
1
Mar. 30
27
Mar.
1
Mar. 30
91
Mar. 4
Mar. 31
93% Mar. 2
Mar. 30
165% Mar. 4
Mar. 31

6

85

26% Mar. 30
6% Mar. 31

~

9"""Marr30

61

oly* A^
37
Sale

39% Mar. 1
8% Mar. 15
22% Mar. 4

Mar. 29

Sale

7

95

106

Lowest
Sale Prices

20

12% Sale
9

Highest
Sale Prices

...

62

41% Sale
4% Sale
18
Sale
15
16%
37% Sale
7% Sale
18% Sale

Sale

25% Sale
19% Sale
162
161% 164% 160

11% Sale
66%
53

163

104
108
Sale
%
Sale
26%
Sale
2%
17%
18%
14%
97
103% Sale
16% Sale
13%
131
133
15%
16%
12%
49
Sale
31
18
Sale
13

17%
49%
106%
1%
38%
4%

21

21

Midland Steel Products

81% Sale
155

Sale
Sale

20

Sale

Sale
Sale
Sale
Sale

77

72%
80
13% Sale
9% Sale
41% Sale

6% Sale
29%
7
Sale

Sale

25

79%
11%
13
x8]4 Sale
40% Sale

29

Sale

94

20

78%
85""
13% Sale

Sale

Sale

"6% ~~6% ~~7%

12% Sale

Sale

Sale

6

100

8% Sale
3%
4
10% Sale
13% Sale

22

2

100

Sale

32%
12%
33%

1% Sale

100

Sale

Sale

6

100

9
15

1

*6%

Sale

12% Sale

Sale

1

Corp

23

40

30% I 29
122
121% 125
Sale

Sale
1% Sale
35
9
Sale
15% Sale
3% Sale

32

29
18

28% Sale
6% Sale
20

17
18%
101%---— 100
6% Sale
3%
% Sale
%
2
3%
4
20
26% Sale
9%
9%
6%
19%
27% Sale
23%
34% Sale
8
Sale
6%

5

Maracalbo OH Ezplor

Marine Midland

17,900
137,000
22,300
1,110

6%

27%
15% Sale

1

pref ser B w warr__*
—*
7,000 Melville Shoe Corp
1
26,600 Mengel Co

110

v-

—*

....10

Magma Copper

30

1,610

14,800
8,100
19,600

Co, Ine

Madison Square Garden....*

35,400
1,300
15,700 McGraw Electric Co, new
1
*
11,100 McGraw Hill Pub Co
110,300 Mclntyre Porcupine Mines--5
41,700 McKeesport Tin Plate..
10
5
81,100 McKesson 8c Robbias

20

28,000
4,500

*
*

18,000 May Dept Stores
21,200 Maytag Co (The)
$3 preferred w
5,300

180

5,500
16,300

Sale

22% Sale

60

410

34

31% Sale

90

200

H)

23

Sale
Sale
Sale
Sale
Sale
24%

..*

150

6,300

800

(R

Sale
100

5%
)4
3%
24%
9%

19,700 Mathleson Alkali Works....*

18,400

•

14,400
3,800

800

6% preferred
Mack Truck Inc

2,900 Marlin-Rockwell Corp. (Del.) 1
*
86,500 Marshall Field 8c Co
200,400 Martin (Glenn L) Co
1
17,500 Martin Parry Corp
•

11,200

30,900

*
25

870 Market Street Ry
Preferred.
290

420
30

90

*

;

Mac Andrews 8c Forbes Co.. 10

Macy

16%
96

105

Loew'e Incorporated

5%
25%

14%

12

Ask

....

11$

*

new

Corp

ill

11 fell %

45

*

......

Sale
8%
22%

11)4 Sale
5)4
5%

*

*

$6.50 preferred

Sale
35

*

*

Link Belt Co

Liquid Carbonic

15
25

5%

15%
16%
28% Sale
36%
38%
17% Sale

Lily Tulip Cup Corp
Lima Locomotive Works

100

1,900

M 4.200

15",300

100

9,800 Loose-Wiles Biscuit
720
5% preferred

Wm,500

550

25

Preferred

*

WP.600

5,900
30,900
28,600
8,800

1

LIbby McNeill 8c Llbby
»
Life Savers Corp
.—.-5

130

15,700
120
700
1,600
14,600

50

Long Bell Lumber A

61,600
47,800
15,600
20,100
11,800
2,800
1,230
34,020
6,000
17,400
90,200

34,000
4,400
13,300

*

Lolt incorporated

30

3,800
19,400
13,200

50

Liggett & Myers Tob com. .25

Lone Star Cement

9F700

8,800
13,300

100

49,900 Lorlllard (P) common
10
Preferred
100
2,880
9,700 Louisville Gas 8c Elec A
*
100
16,000 Louisville 8c Nashville
40,000 Ludlum Steel..............l

5,300

1,500
31,800
54,400
5,300
6,600

Sale

14% Sale

Libbey-Owens Ford Glass...*

71,000

K3.900

i

preferred....

52.700
27,900

i

220

X

5
24

8

Sale

Lehn 8c Fink Products Corp.5
Lerner Stores Corp
..*

.

18,600
720
4,600

jHL

con?

21%

Sale
7%
21
2
2%
20% 48

*

16,900
6% con? preferred
56,600 Lehman Corn (The)

9,400
7,000
30,400
7,800
2.700
2,000
8,800
1,500
1,100
12,600
7,200
10,300
48,900
1,800
29,700
19,300
13,000
3,600

M

4%

38%

7%
20%

Lowest
Sale Prices

Mar. 31

Ask Bid

35 %

15)4

1

Kroger Grocery 8c Bak..

Bid

Sale

10

...

340

Ask

*

Kresge (S S) Co
Kresge Dept Stores
Kress (S H) 8c Co new..

50,600 Lehigh Valley
13,300 Leblgb Valley Coal

20,700
7,000
8,100
19,600

Bid

12

1,630 Laclede Gas Light
100
3,100
5% preferred...........100
23,400 Lambert Co (The)
.......*
1,000 Lane Bryant
*
14,800 Lee Rubber 8c Tire..
19,100 Lehigh Portland Cement..25

610

1,160
10,400
<

*

.1
8% preferred
..*
$5 prior preferred........*

120

14,700
3,000
2,000
18.200

Mar. 1

1938

221,600
10,100
2,000
2,700

,

„

Jan. 1

Shares

RANGE SINCE JAN. 1

prices in march

Price

N. Y. STOCK EXCHANGE

Since

In

6% Jan.
25
Jan.
20
Mar.
91% Feb.

8% Mar. 31

16

6

10

61

10
7

Mar. 23
Mar. 31
Jan.

31

Mar. 26

35% Mar. 25
14

Mar. 29

5% Mar. 31
28% Mar. 31
5
82

Mar. 26

Feb.

Jan.
Jan.
Jan.
Mar.

79
15

10%
45%
26%
8%
35%
8%

17

84

6% Mar. 26
61% Mar. 30

15
Jan.
Jan.
Jan.
4
61
Jan.
35
Mar. 31 z48
Jan.
3% Mar. 30
5% Jan.

50

16% Mar. 29
14

23

i

Mar. 19

16%
43%
11%
22%
16
Mar. 30
27%
80
Mar. 31 101%
94% Jan. 16 94%
46% Jan. 28 67
100% Mar. 31 105%
4
35

Mar. 26
Mar. 31
% Feb.

2

% Jan.

3

% Mar. 28
11

Mar. 31

1% Mar. 26
4% Mar. 29
% Mar. 30
1% Mar. 25
10

Mar. 30

10
18
11
18
15

Jan. 12
Feb.
1
Jan. 12
Jan. 10
Feb. 23
Jan. 15
Mar. 26

72

26% Mar. 30
5% Mar. 31
12% Mar. 30

12
10
29

Mar.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Mar.

12
25

19

13
11
1
13

17
11
11
12
12
16
2

Feb. 28

7% Jan.

12

60

Jan.

12

%
1%
1%
17%
3%
11%
2%
3%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10
11

Jan.
Jan.

11

17

Jan.

12

12
13

12

10
8

68% Mar. 31
111
25

91% Feb. 25
Jan.
5 113% Mar. 25
Mar. 31
37% Feb. 23

Mar. 26

24% Mar. 31

2

25

Mar. 31

30% Jan.
39% Jan.

17

Mar.

Mar.

1

_%Jan.

Mar.

2

% Jan.
3
10% Mar. 31

3
10

Mar.
Mar.
Mar.

3
2
1

11% Mar. 29
4

Mar. 25

Mar.

8

26

Mar. 30

Mar. 8
Mar. 2
Mar.
8
Mar. 1
Mar. 14

8

Mar. 31

21 % Jan.
14
Jan.

21%
7%
64%
14%

9% Mar. 30
34% Mar. 26 57
98% Mar. 29 104
4
Mar. 29
7%
37% Mar. 29 47%

Jan.
Jan.
Jan.

13

10
10"
15
13

Feb. 23
Jan.
Jan.

12
12

Jan. 17
Feb. 24

c

April, 1938]
AGGREGATE

N. Y. STOCK

SALES

In
March

Shares

78,500
1,190
13,900
8,700
51,000
600

1,200
400

1,200
21,200
53,100
360

880

800

1,840
20,000
5,200
99,000
1,500
133,600
116,300

10,200
2,700
35,000
500

40,600
48,800
400

800

420

760

8,100

23,800
88,800
2,500
4,000
67,600
171,600
24,030
4,000

32,700
1,100
300

26,200
65,900
8,100
900

100

6,300
8,800
1,200
400

3,200
150

400

10,400
14,900
8,800
1,990
4,210

420
90

3,700
1,060
110,200
1,100
106,800
1,100

4,920
8,190

Nat

Cash

Sale

7% preferred class A....100
7% preferred class B....100

111
Sale
Sale

National Dept Stores

21

Nat Gypsum Co

*

Nat Power A Light

Nat Rye of Met 1m pref

10ft

5% 2d preferred........100
National

29

Siwi..

Nat

Supply Co of Pa......10
preferred............-40
5 M% prior preferred... 100
6% prior preferred
100

$2

100

New York

100

Dock

5%_preferred

1st

50

_

56

Central

100

Northern Pacific

.....*
Oliver Farm Equipment....*
Omnibus Corp tic (The) -*
(The)

Preferred A

20,700 Pacific

1,620
700
930
2,400

24,000
7,100
8,400
760

1,050
11,600
159,800
300

3,900
1,850
2,000

2,440
1,960
2,360
4,400
56,300
18,800
18,300

1,000
2,200
1,390
1,650

100

90
Sale

Sale

26
71
37
Sale

10
65

Sale

45
Sale

36

39

Sale
Sale
Sale

12

42%
17%
14%

21*

Sale

Sale

34

Sale

Sale

3%
Sale

112M
52%

Sale

57*

2%

Sale

5

Sale

1%

Sale

8%

.........10

First preferred
2d preferred......

._—*

Pacific Finance Corp
Pacific Gas & Elec

(Cal).10

Sale
Sale

Sale

%

J

§1%
n*
9%

3,700
116,800
31,600
15,800
11,800
45,000
36,900
31.000
6,800
47,000
9,200
29.700
6,000
6,200

Parmelee

T ransport Co.

Peerless Corp...........
Penlck A Ford........

t
..*

70

39

28
101

105

11

38
Sale
18

Sale
Sale
Sale
Sale
120

20%
10%
7%
12%
18%
2%
8%
103

2%
Sale
Sale

Sale
Sale

51%

Sale

48

88

95
100

45

1%
2%
%
4%

%
192%

Sale

Sale

185

104

preferred......100
100

67

Sale
Sale
Sale
Sale

50

Sale

9

Sale

Sale

90

99

10%

93
Sale

29

Sale

iVA

Sale
22

12

Sale

24%
9%

Sale
Sale
94

6
Sale

127

.n

11

Sale

125

Sale
49

40

13

Sale

45

130
Sale

10

59!
93

Sale

52%

14

Sale

43

46

115

Sale'

55

9%

9

A*
Sale

11%

Sale"

124

Sale
Sale
Sale
100
4

Sale
Sale

6% Sale
30% Sale
10
40
114

Sale
46

42

Sale

3% Sale
11% Sale

Sale

Sale

114

136% Sale
12% Sale

Sale

4%

8%

51%
40

Sale

9%

nl*
il*
Sale

89
Sale
21

10

20

2%
37

19%
2

8

11

A*

4

Sale

11%
Sale

Sale

9% Sale
23

Sale

32% Sale
10

89
133

Sale
Sale
Sale

10% Sale
3% Sale
5%
9%

6i*
it*

.....*

Sale

m t?H

63

Mar.

Jan. 11
Mar. 31

28
100

Mar.
Mar.
Mar.
Mar.
Mar.

6

20

Mar.

12% Mar. 31

Mar. 24
Mar. 26
Mar. 29
Mar. 25

10
7
18

Mar. 30
Mar. 25

2

5% Mar. 26
101

Mar. 30

%~Mar. 26
56

Jan.

38

Mar.

Mar. 31

85% Feb. 24
Jan.

IS
42

15

Jan.

10

Jan.
Jan.
Jan.
Feb.
Jan.
Mar.
Feb.
Jan.

12
10
12

Jan.

2% Jan.
6% Jan.

17
11
1
.

26

10
18
10

1% Jan.

10
15

10% Jan.

24

62

10

Jan.

88% Jan.

5

Jan.

4

1% Jan.

11

Jan.

13
17
12
13
10
13
13
12

Mar.
Mar.
Mar.
Mar.
Mar.

46

31

31
30

31% Mar. 22
2% Mar. 16

30

18

Mar. 22
7

94

4

11

Feb.

84%
6%
27%
1%
12%

Mar.
Mar.
Mar.
Mar.
Mar.

Mar.

3% Mar.
Mar.

Mar.

Mar.

Mar.

Mar.

57

Mar.

2

40

10

Mar.

4

6

Mar.
5
17% Mar.

3

8

Mar.

13

Mar.

26

Mar.

37

Mar.

14

Mar.

2%
10%
3%
3
9%
2 a:22%
1
32%
7
9%

Mar.

1

1

89

Sale

31% Mar.
13

1 % Mar.

20
2

Sale

3% Mar.
8% Mar.

6% Mar. 4
11% Mar. 21

Sale

4

Sale

41

Sale

55

16

Mar.

2
1

1%

37% Mar.

3

31%

Mar.

2

13

Mar.

2

Mar.

Mar.
Mar.
Mar.

n*

1% Mar.
2% Mar.
10% Mar.

it*

1

Mar.

2

Mar.

1

2% Mar.

1

Mar.

3

Mar.
Mar.

8

Mar.

1

Mar.

P

14% Mar.
19% Mar.

9

27
110

Mar. 18
Mar. 29
31% Mar. 1

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

23
29
30

62% May.

9

26
26
26

30

22

Mar.

3

Mar. 30

Mar.
Mar.
Mar.
Mar.

26
25
29

26
Mar. 30
Mar. 31

Mar. 30
Mar. 31

29

31
28

1 %

Mar. 29
Mar. 30
Mar. 31
Mar. 31
Mar. 29
Mar. 30

3%
8% Mar. 31
4

Mar. 26
41
Mar. 30
55
Mar. 31
1% Mar. 24
2% Mar. 30
10% Mar. 30
10
Mar. 30

14% Mar. 31
19% Mar. 28
110

Mar. 29
22% Mar. 26

3% Mar.
11% Mar.

8
9

.1% Mar. 26
5% Mar. 26

35

1

17% Mar. 26

Mar.

Jan.

93% Jan.
13% Jan.
31% Jan.
3

Jan.
Jan.

21
12

13

14% Jan. II
32% Feb. 21
12% Jan. 1J
96

Mar. II
2

13% Mar. 25

2% Mar.

Mar.

99

7
31
31
30

136% Mar. 21 3:132% Mar. 30
10
Mar. 18
1
12% Mar.
1
3% Mar. 30
4% Mar.
7
Mar. 29
7% Mar. 25
% Mar. 25
1% Mar. 9
27% Mar. 26
50% Mar. 2
29
Mar. 31
40% Mar. 4
91
Mar. 22
90% Mar. 11
Mar.
1
10
5% Mar. 31
65
Mar. 26
85% Mar. 9
1
6% Mar. 31
10% Mar.

Mar.

54% Jan.
10% Jan.

7% Jan.
24% Jan.
122
Jan. 14 12SH Mar.
Jan.
6% Mar. 31
Jan.
30% Mar. 31 56
16
10
Jan.
Mar. 30
Jan.
42% Jan. 26 50

Mar.
Mar.
Mar.
Mar.

114

Mar.

2

Mar. 26
20% Mar. 31
7% Mar. 30
85
Mar. 29
4
Mar. 28

Mar.

96

Mar. 29

5% Mar. 30
92

10

13% Mar.
32% Mar.

Mar. 28

Mar. 30
Mar. 30

Mar.

% Mar. 18

2

Mar.

1
Mar. 15
87% Mar. 2
1
12% Mar.

Mar. 30

Sale

9%
14
7% Sale
4 % Sale
18
Sale
28% 30%
62

61

18
10

Mar. 25 198

20

Sale

19%
22%
38%
26%
4%
11%
115%
%

11
14

Mar. 29 106% Jan.
22
Jan.

*132%Mar.

10

39

13% Mar. 3)

6% Mar.

VA

19% Jan.

4 100

2

16
Mar.
1 % Mar.

Sale
Sale
Sale
Sale
Sale

12

Feb.
Jan.
Jan.
Jan.

135

Sale

1% Sale
3% Sale

70
40

100

Sale

p

12

23
Feb. 25
29% Mar. 1
79% Mar. 2
75
Feb. 23
4% Jan. 14
10% Jan. 20
23% Jan.
7

1

2% Mar. 26
10% Mar. 25
3% Mar.
9% Mar.
*22% Mar.
32% Mar.
9% Mar.

65

Jan.
Jan.
Jan.
Jan.

1

6%
13% Mar. 25 21%
123% Mar. 24 128%
6% Mar. 31 10%
30% Mar. 31 45
10
14
Mar. 30

7

8%
%
%
62%

9
7

20
4
11
12
7
12

Mar.
Mar. 25 185
Mar. 29 104% Mar.
19M Mar.
Mar. 31
Mar.
Mar. 29

Mar. 26
20% Mar. 31
7% Mar. 30
85
Mar. 29

10

24

Jan.
Jan.
Jan.

7

10

89

10

1% Mar. 31
2% Mar. 30
% Jan.
5
4% Mar. 29

Mar.

7% Feb.
29% Jan.

3 106

9% Mar. 31

.

87

Jan.

Feb. 25

Mar.

% Mar. 18
135

1

Mar.

48

1

4

Mar.

Sale

16

40.

Mar. 31
Mar.
4

90% Mar.
5% Mar.

Preferred..............100

see page

Feb.

2% Mar. 28
7% Mar. 31
15% Mar. 29

90
Sale
Sale

liH

100

27

Mar. 31

70

% Mar.
27% Mar.

Prior preferred.........100

Marquette

63

Mar. 15

Mar. 25

38

40
6

11
10
31
31

Mar. 17

29

1% Sale
6%
7
19
Sale

Pere

Feb.
Feb.
Mar.
Mar.

4

Sale

23

31%

Mar. 29

%
%
44%
14%

Jan.

Mar.
110% 112% 110
Sale
23
22% Mar.

Peoria A Eastern........100

5

20

3 159
7 136

21

Mar.
Mar
Mar.
101
Mar. 30 115% Mar.
% Mar.
% Mar. 26
59
Mar.
56% Mar. 11
2% Mar.
1% Mar. 31
5% Mar.
2% Mar. 30
1 % Mar.
% Mar. 31
7% Mar.
4% Mar. 29

4

.

Mar. 25
Mar. 30
Feb.

43

Jan.

6

18% Jan. 10
31
15% Jan. 12
31
30 112% Mar. 2
Mar. 7
30 110
7% Jan. 11
29
1
5% Feb.
30
31 23% Feb. 17

1
2

Sale

n

w*

11

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

2

29
86

1%

26
111

Jan.

Mar. 25

38

Mar.

28

Sale

Sale

19%
6

10%
20%
7%
83%
3%
15%

Sale

5

140
Sale
Sale

136

Sale
Sale

6% Sale

17% Sale
7% Sale
13%

5
10
31

100

Sale

,

Jan.

29% Mar.
79% Mar.

23

70

it*

95% 100
7
6%
21% Sale

Feb.

...

130% Feb.
13% Mar. 29
_

65

11*

Sale

21

5

% Mar. 30
% Mar. 5
58% Mar. 5

28
Mar. 31
38%
102% Mar. 21 105
6
Mar. 24
10%
9% Mar. 31 17%
20
Mar. 26 36%
10
Mar. 30
18%
7
Mar. 25
17%
12% Mar. 31 30
18
Mar. 30 25%
2
Mar. 25
4%
5% Mar. 26 11%

igg

13%
30%

Mar.

11

Jan.

17% Mar. 29

9% Mar. 10
22% Mar. 4

100% 101% 100
Sale
14% Sale
13%
52% 43% 45% 46
Sale
Sale
6
5%
92
93%
87%
89%
84%
Sale
12% Sale
6%
Sale
30
29%
27%
Sale
2%
2%
1%
15%
17%
21%
12%

9
45

114

\Vi

Sale

Mar. 29
Mar. 5
Mar. 31
Mar. 31

7

Jan.
Jan.

10*
20*
150
Jan. 17 157
12% Mar. 23 17%
80
65
Mar. 31

158

22% Mar.

13^

Mar. 25

6

13

Mar.
Mar.

12% Jan. 10
Feb. 18
15,

15% Mar. 31

12%
11%
106%
105%
3%
3%
17%

2% Mar. 28
7% Mar. 31
15% Mar. 29

86

10

conv

Sale
Sale
Sale
Sale
Sale
Sale
Sale
"112

Mar. 15

6% Mar. 30
7% Mar. 22
8% Mar. 30

Mar. 31
Mar. 17 x75

x75

104% Sale

19%

108 %
Sale

38

14%

6%

14
Sale

95
85%
95% 108

A*

.

Sale

Sale
Sale

2%
5%
1*

5

10

'»

Cement....

conv

5
31,800 Petroleum Corp
26,000 Pfelffer Brewing Go........*
..25
267,600 Phelps Dodge..
3,300 Philadelphia Co pref t%..50
500
SO preferred............-*




Sale

Penn-Dixie
$7

77

Sale

110

55

800 Pet Milk

For footnotes

Sale

71

24,100 People's Gas L A Coke
2,400
4,900
3,220
3,570

63

3

Penney (J C) Co..
...._.*
Penn Coal A Coke........10

pref series A
*
Penn Glass Sand Corp v tc._*
..50
272,500 Pennsylvania RR Co..
1,700 People's Drug Stores Inc ...*
130

Sale

60

105

59

Mar. 29

63

90

7% Sale
15% Sale

17%
29%
25 %
4%
11%
115%
%

5

Mar. 31

55

18

13% Mar. 29

23

%
%

72

•

Pathe Film Corp...........*
Patino Mines A Ent Cons ..*

1

131

Sale

37% Sale
14%
15%

Parke. Davis A Co.......—*
Parker Rust Proof Co
2.50

Sale

23

h

Mar.
4 159
Mar. 16 133

23

26

1

Sale

41

31
17% Mar.
31
15% Mar.
30 112% Mar.
Mar.
30 110
29
6% Mar.
4% Mar.
30
31 22% Mar.
Mar.
25 19
5
Mar. 30
7% Mar.
17% Mar. 29 23% Mar.

158

140"

9%
13%
13%
8%

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

44% Sale
14% Sale

Sale

Park Utah Cons Mines

Sale

70

Sale

98%

Mar. 25

Sale

Sale

1

Mar. 1
Mar. 4
Mar. 1
6
Mar. 25
Mar. 1
15% Mar. 31 a;20% Mar. 10
Mar. 18
152% Mar. 29 154
12% Mar. 23 15% Mar. 1
65
Mar. 31
77% Mar. 1
6% Mar. 30
7% Mar. 22
8% Mar. 30

Sale

Sail*

Sale

Park A Tllford

Highest
Sale Prices

38

22%

10
84

conv

Lowest

Sale Prices

%
%
44%
14%

90
71%
3% Sale

484.000 Paramount Pictures.......
1st preferred
100
4.900
2d preferred............10
58.500

4%

11

Sale

ill"

132% 130
21% Sale
13%

*

25

154

12% Sale

Sale

23
159
131

-•

Pacific Lighting Corp

Pacific Mills

Highest
Sale Prices

12%
Sale
11%
112
103% 107% 106%
109
105% Sale 105%
6% Sale
3%
3% Sale
4%
4%
3%
3%
a3%
21% Sale
17% Sale
17%
19
20
20
13

14
Sale

Sale

Sale

«% Sale
6% Sale
15% Sale
152

90

700

16,300
10,800
84.400
1,700

Sale

Ask

154
15% Sale
77% Sale

152

preferred......100

100

10

10,700

Amer Fisheries Inc..5

2.160 Pacific Teleph A Telegr_.10«
6% preferred
.........100
1,190
10
17,000 Pacific Western Oil
339,100 Packard Motor Car........
1,600 Pan Amer Pet A Trans .....5
7,200 tPanhund Prod A Kef....
8% conv preferred......100
3,400
6,100 Paraffine Co Inc...........*

70

169,300
2,100
23,900
2,500
37,700
13,400
6,400
4,700
19,400
15,300
12,500
1,700
20,200
4,900
15,900
1,900
3,000
111,300
1,400

Owens-Illinois Glass Co. 12.50

"'4

14%
12% Sale
8% Sale
19% Sale

44

.

100

Pacific Coast

22

Sale

22

...

Preferred

10,800

11

5%

...

84,706

l\*
ill*

100

6% preferred

29.400

3%
8%

100

101.500 Otis Steel
$5.50 conv 1st pref
2,300
5,100 Outboard Marine & Mfg....5
110 Outlet Co

70

98

preferred........

Ohio Oil Co

11*

___.___i?00
...

7%

136
19
17%
7% Sale
% ;;
%
%
a
58% Sale
18% Sale

20

N Y City Omnibus Corp...

5,000 Oppenhelm Collins A Co.
52,600 Otis Elevator
890

Sale

158%

7% preferred A.........100
6% preferred B.........100
Nat Mall & St Cast's Co

Sale

13

Sale

1
10

National Lead

720 Northwestern Telegraph..50
*
8,200 Norwalk Tire A Rubber
Preferred
60
300

430

Sale

Nat Rnamel Or Stamp

250 Northern

540

5

6% preferred............10
Nat Distillers Products.....*

.

350

42
Sale

*

Nat Dairy Prod Corp

...

283,000

16

*

Register—

2,800 tNorfoIk Southern.......100
100
7,500 Norfolk A Western..
Preferred
100
1,490
328,300 North American..
6% preferred
50
6,800
207,100 North American Aviation...1
2,400 North Amer Edison $6 pref..*

59,700
16,200

3,400

78

100
31,700 tN Y N H A Hartford
Convertible preferred-.100
39,900
15,800 tN Y Ontario A Western.100
87,700 N Y Shipbuilding pt stock.. 1
7% preferred
.-..100
2,160
170 New York Steam pref |6.___*

173,100
162,900
42,200

800

Bong & Investment Co.*
5% pref series A w w
100
Nat Bond & Share Corp....*

7% preferred
Nat

JN Y Investors Inc..
.*
320 N Y Lack & West Ry Co..l00

190

33,500

10ft

160

920 New York Be Harlem

240

2,800
18,000

Sale

18,500

5,000

67,300

10
......10

Sale

National Biscuit

....

100

117,100

National Aviation Corp

170 JNew Or' Tes & Mexico

40

"lJOO

Sale

280,900 Newport Industries Inc...
12,700 New York Air Brake
912,200 New York Central...
27,600 N. Y. Chicago A St LouIs.lOft
6% pref series A
l(j(0
51,500
30,300

14%

1

Lowest
Sale Prices

Mar. 31

Aslc Bid

Bid

Sale

5

........

60

13,800
90,100
2,600
20,100

Ask

100

National Aetna

.......

500

5,900

Nuh'KelTlMtor Corp
Nash Chatt & St Louis

16,700 National Tea Co..
37,700 Natomas Co..
3,100 Nelsner Bros Inc.___.__—
1,300
4%% conv serial pref...100
4,300 Newberry Co (J 1)........
600
5% preferred series A...100

120

64,400
4,300
358,100

Mar. 1

1938
Par

191,300
2,390
35,800
24,600
124,800
2,900
6,300
1,300
2,500
45,600
120,500

1

Price

Van. 3

Jan. 1

Shares

RANGE SINCE JAN.

PRICES IN MARCH

STOCKS
h. y. stock exchange

Since-

37

EXCHANGE-STOCKS

66% Jan.
11% Jan.
Jan.
Feb.
8% Jan.
14% Jan.
28% Jan.
40
Jan.
16% Jan.
116
Jan.
140
Jan.
15% Jan.
5% Jan.
9% Feb.
Jan.
55% Jan.
42
Jan.
94
Feb.
12% Jan.
97% Jan.
12% Jan.
24
Jan.
3% Jan.
37% Mar.
20% Feb.
2% Jan.
6% Jan.
12% Jan.
,5% Jan.
%V& Feb.
73% Feb.
2% Jan.
5
Jan.
24% Jan.
15% Jan.
24% Jan.
31
Feb.
112% Feb.
34% Jan.

it*

1

1
1]
1
li

1!

12
17
1
1
2
1
1

1
1
3
2

1
1

2
1
3
1
1
1

1
2
1
I

2
1

1
1
2

2
1
1

1
1
1

1

4% Jan.

12

15
Jan.
37% Jan.
38% Jan.

12

31% Mar.

15

15

8% Mar. 29
7% Mar. 30
4% Jan.
3
17% Mar. 31

11
15
Jan.
6
13% Jan. 11
7% Mar. 3
31% Jan. 10

30

37% Jan.

12

Jan.

5

11%
7%
27%
36%
64

1
Mar. 18
Mar. 2
Mar. 3
Mar. 11
Mar. 15
Mar. 2

Mar. 23

Mar. 28

62% Mar.

9

15

65

38
aggregate

sales

March

1

Par

1,360 tPhlla Rapid Transit Go...SO
2,070
7% preferred
...-50
19,400 Phtla A Reading C Ac I
*
108,500 Philip Morris A Co
10
1,000 Phillips Jones Corp....... *

8,100
31,800
700

20

20

120

190

10,200
8,100
1,000
6,300

2,700
250

2,900
1,700
900

Preferred

......

Pirelli Co of Italy

1

...10»

Pierce Oil 8% conv pref
Ptlsbury Flour Mill*

100
.25

Am shs

Pittsburgh Coal (of Pa)... 100

2,700
3,900

140

715

6% preferred

.......100

Pitts Coke & Iron

Corp

*
*

$5 conv preferred
30 Pitts Ft W & Chic Ry

•""""40

990

250

7% pref class B
i«t
5% preferred class A
..100
5%% 1st ser cony pr pf.100
..

400
360

20
10

Bid
1 %
3%

51
38

2%
28

6
20 %
36

3%
26

5%
47

173 H

7%
10 %

180

10

.30

„

?
11,600
4,800
1,000

10,800
43,700
8,900

620

28,400
1,700
1,400
500

380

6%
34 %

Sale
49 >4

48

35.

7

Sale

28%
4%

22%
47%
6%
1

.30

1

8

17 A

Sale

9
9%

Sale

136

Sale

Mar. 31

2

30% Jan.

20% Jan.

3

Jan.

8

3% Mar. 31
Mar. 23
3% Mar. 30

30

25

Mar. 30

61

2

25

41

Mar.

6% Mar.

40

3% Mar. 31

9

1

Mar,

Mar. 23

3% Mar. 30

6%

%

Sale^

15
7

19%
10%
11
10% Sale

2» f*
9^ Sale

s;

Mar. 30

5

Mar .14

Mar. 31
Mar. 23

30

,0%

% Mar. 26
10
Mar. 11
1
Mar. 25
52
Mar. 25
6
Mar. 29

5%
1%
%
1%
4%

9
25

75
Sale
Sale
Sale

8%
Sale
Sale
%
Sale
Sale
Sale
Sale
Sale

7% Mar. 29

% Mar. 31

5%
9%
28%
14%
48% Sale
39%
119
Sale
118% Sale
25
31
Sale
25% Sale
86%
94% Sale
86% Sale
99
105
Sale
103% 103
110
119
117% Sale
115%
132
132
135
135% Sale

10
2

Mar.
Mar.

Mar.

35

Mar. 15

8%
24%
50%
7%

Jan.
Jan.
Mar.
Jan.

171% Jan.

5
Mar. 30
7% Mar. 29

10
12

10
17

17
7% Feb. 26

35

Jan.

1
Jan. 25
Mar. 14

Mar.

8% Jan.
16% J an.

10
12

Jan.

10

4

12

Mar. 31

26% Jan.

10

30

Mar. 23

45

% Mar. 26
10
Feb. 25
1
Mar. 25

1

6
13
8

5

Mar. 11
2

Mar.

46

12

52

13% Mar. 2
% Mar. 14

6

Mar. 25
Mar. 29

2

15

% Mar. 31
Mar. 31

20

8
1
Mar. 5
Mar. 4
3% Mar. 10

8

Mar. 28

11

29
26

12

Mar

;

29
26
24
30
25
9%
25
8%
30 25
31 49%
1 120%
25
31%
31 94%
26 105%
24 117%

Mar.

Mar.
Mar.

Mar.

Mar.

1
7

Mar.

5% Mar.
1% Mar.
% Feb.
1% Mar.
4% Mar.
4 % Mar.
13% Mar.
39% Mar.

2

Mar. 9
Mar. 17
Mar. 1
Mar.
1
Mar. 5
Mar.
1

117

8

30
25
25
30
31

Jan.
Jan.
Jan.

2% Jan.

24

55

10%
10%
2%
%

Mar.

23
18
9
10
18

Mar. 23

20

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

7

Feb.
Feb.
Mar.
Jan.
Mar.

1

Mar. 29

% Mar.

Mar. 28

5%
1%
%
1%
4%
4%
13%
39%
118%

Mar.

95%
6%
50%
42%
2%

22

19% Mar.

Mar. 31

15
8

2% Feb. 19
4% Jan. 12

Mar. 30 61
Feb.
2 166
26 174

41

1

12

Sale

18

Mar. 29

4

23% Mar. 7
50% Mar. 10
6% Mar. 8

46% Mar.

30

18

1%
35

2

1%

9

27% Mar. 31

1

30

8

13%

.

Mar.

Mar.

48

7% Mar. 2
12% Mar. 1
35% Mqr. 15

%

•

18

13%

95% Sale
107% Sale
123% 130

75% Mar. 29
4% Mar. 30

Mar. 15

Mar. 29

12

14

Sale

Mar.

22

Sale

20

1%

1254

Sale

7

Mar. 31

39

88

Sale
Sale

35

Mar. 29

20%

v*

55

45 %

3

4

Sale
26%

95

25

9

Mar. 31

Sale

5

39

8

118 %
32

Mar.

27% Mar. 31

21

8%
20%

Sale

19%

3% Sale
8 A Sale
8% Sale

48

33

Sale
24%
4
43%
38%

Sale"
12%

34

Sale
2H

4% Mar. 30

36
Sale

3%
20%
3%

Sale

75% Mar. 29

Highest

Highest

1 % Mar. 25
2% Mar. 26
% Mar. 26

1% Mar. 11
3% Mar. 10
% Mar. 5
94% Mar. 1
5% Mar. 2
50% Mar. 9
39% Mar. 2
2% Mar. 18

2

49%

Sale

1% Mar. 25
2% Mar. 26
% Mar. 26

—II 172"*" 173""Mar." 17 174

47

1%

Lowest

Sale Prices

163

26

12

Highest
Sale Prices

Sale

21

35

6 %
61

Sale

V.

Lowest

Sale

2

23%
Sale
7%

30

21
30

1% Sale

59

32

34

c%

6

27%

:::::
sale
Sale

Sale

Sale
4

60

United

22,800
5% cony 1st pref....
..5
9,200
5% cony 2d pref.........50
•
55,700 Procter 8c Gamble
Preferred 8%
2,650
..!•»
62,900 Pub Ser Corp of N J common *
15 preferred
5,500
*
6% preferred.
'nr
3,500
1,500
7% preferred........... 100
8%
preferred....
10<
1,070

3,600
22,600

46

2
3%
Sale

4

65

57

38%
2%

Sale

Sale

%
76

6

101
25

6% preferred

6,470 Plttsb 8c West Virginia.. 10i>
2,200 Plttston Co (The)...—...—*
51,000 Plymouth OH...
.0
2,000 Pond Creek Pocahontas Co.*
*
28,800 Poor A Co class B
7,600 Porto Rlcan Am Tob cl A...*
Class B
*
2,500
19,500 tPostal Teleg 8c Cable pref 100
96,800 Pressed Steel Car common..1

2,510
1,000
23,800

3
35

2

Sale

5

Cony pref (unstamped). 100

22,900 Pittsburgh

6,400

68
Sale

1%

2%
4%
%

%
93

8

33% Sale

1,100 Pittsburgh Terminal Coal—1

500

Sale

5%

Ask

Ask Bid

1%
3%

2

3%
% Sale

82

''

Bid

Sale Prices

Mar. 31

Mar. 1
Ask

100

100
Preferred
..100
55,600 Pittsburgh Screw Or Bolt.v.*
17,600 Pittsburgh Steel Co....
*

22,700
4,600

n

...100

700 Phoenix Hosiery........

6,000

'

Preferred

203,800 Phillips Petroleum.........*

66,400
700

3

1938

Shares

970

„

Jan

Jan. 1

Share*
340

RANGE SINCE JAN.

Price

N. Y. STOCK EXCHANGE

Since

|

PRICES IN MARCH

STOCKS

_

In

;

EXCHANGE-STOCKS

N. Y. STOCK

55

3%
1%
4%
10%
10%

11

Mar. 24

16% Jin.
% Jan.

10
19

Mar. 2
Jan.
5
Jan. 15

Jan.
Jan.

13
22

Jan.

17

Jan.
Jan.

10
15

31% Jan.

17

50% Jan.

11

Jan.

21 120% Mar. 17
Mar. 25 35% Jan. 13

25

86% Mar. 31
103

98% Jan.

Mar. 26 108

12

Jan.

6

115%'Mar. 25 123% Jan.

13
14

,

Mar. 29 137

Mar.

7

132

Mar. 29 143

Jan.

Mar. 10 113

Mar. 10

M2

Jan.

Mar. 10

Public Service El A Gas—

$5 preferred
1,000
*
110,800 Pullman Company..
*
*
363,000 Pure Oil
4,900
6% preferred.............
*
60,800 Purity Bakeries
3,000 Quaker State Oil Rfg Corp. 10
665,600 Kadlo Corp of Amer.......•
300
$5 preferred B
--*
83.50 conv 1st pref
56,800
..*
259,300 IRadlo-Keith-Orph Corp...*
•
8,000 Raybestos-Manhattan...
11,100 Rayonler Inc...
...1
82 preferred.............25
4,200
10,500 Reading Company........50
First preferred
50
2,700
Second preferred.......50
1,900
5
5,100 Real Silk Hosiery......
Preferred
100
1,540
*
3,900 Rels (Robt) Ac Co....
1st preferred
100
1,300
9,700 Reliable Stores Corp
*
2,300 Reliance Mfg Co......—-10
.......1
90,100 Rem'ton-Kand
Pref with warrants
...25
1,100
650 Renss A Saratoga RR Co.100

100

.........

39,400
134,100
2,300
Iff, 900
1,200

......

321,800

23",500
98,800

4,300
2,600
1,800
4,200
1,000

...

600

2,600
340

.

?:

v

...

2,100
300

6,500
500

38,600

.....

400

340

1,100
1,000
16,100

7% Sale
15
6
60

11,600
40,800
210

46% Sale
4

19%
23

v

'ecere

Coopc A Brass..... 5

Class A

......

...10

7% preferred...........100

3,500 Ritter Dental Mfg........_.*
21,200 Roan Ant Cop Mines new
23,500 Ruberoid Co cap stock new.*
1,500 Rutland RR. pref........100
.....10
90,200 St Joseph Lead..
15,300 (St Louis-San Francisco.100
6% preferred...........100
21,800
600 JSt Louis Southwestern ..100

42",900

230
470

1,030
1,190
2,580
13,400
83,900
7,300
100,600
4,100
4,900

13,100
7,600
30,000
1,300

84,200
46,800
6,700
700
15,900
1,200
16,600

55,000
12,300
75,900
2,800
206,000
115,600
16,400
2,700
30,300
3,400
38,900

Sale

19

Sale

25

30%

24

30

3%
30

;

v

1,270

7

9

7%
10%
10%
11%
12% Sale
60

72

62

70

2% Sale
16% Sale

52

3%
21

Sale

15% Sale

9
20
2

30%
1

2%
5%

18

88

i

(Seaboard Air Line........*

.....100

4-2% preferred

Seaboard OH Co of Del.....*

Seagrave Corp (The)..—..*
Sears, Roebuck A Co
*
Servel Inc
....1
Sharon

85

Steel Corp.—....

cony

*
preferred.........*

*
Conv pref series A.......*

Sharp A Dohme

...

Shattuck (Frank Gi.... ...*

*

....

830

7%

$6 preferred
Smith (A O) Corp

*

..10
8,100
7,500 Smith 8c Corona Typewr....*
........*
9,300 Snider Packing..
444,200 Socony Vacuum OH Co Inc-15

100

93
Sale

18

Sale

24

Sale

74

75

% Sale
5%
6%
37% Sale

% Sale
2%
2%
20% Sale
3%
3%
54% Sale
13
16

Sale

17

57%
60%
4% Sale

44% Sale
7% Sale
23%
25
16% Sale
97

Sale

6% Sale
18% Sale
3

Sale

16% Sale
m Sale
1 90%

28
87

75 I Sale
97 * 100

18% Sale
11% Sale
11

Sale

14% Sale

Sale
Sale
Sale
Sale

7

10

3% Mar.

Mar. 29

10% Jan. 24

Mar. 31

16% Jan.
7% Jan.

14
11

61

Jan.

24

53

Feb. 25

4% Mar. 31
31
31
30
31

1

60%
37%
2%
17%

Jan.
Mar.
Mar.
Mar.

Mar. 29
Mar. 30

1

21

Mar.

Mar. 29

16

Mar.

1

10

Mar. 30

10

18

7

"37% Mar."31 "52"'Mar." I
2% Mar. 30
17% Mar. 31

17

13% Jan. 11
98% Jan.

12

100

37%
2%
17%

4% Mar. 31

36% Jan.

25

Mar.

4

18

5% Jan.
23% Jan.
24% Jan.
29% Jan.

11
15
11
18

18% Sale
12%

Sale

12% Mar. 31

20

Mar.

2

12% Mar. 31

22

Jan.

13

18

Sale

18

Mar. 22

28

Mar.

5

18

25

15
3
30

16

Mar. 29

24

Mar.

5

16

3%
35%
1%
7%

Mar. 4
Mar. 1
Mar. 15
Mar. 16

30% Jan.
27% Jan.
4% Jan.

15
25
10

41

21

19%
3%
34%
%
M
4%
5
5% Sale
8
10%

18

3%
4
35% Sale
1
1%
7
14%
8% Sale
11% Sale
15% Sale
65
67%
58% 63

10

Sale

40

60

57

Mar. 26

64

30

45

46

Mar. 24

58% Mar.

Sale
Sale
64

1% Sale
11% Sale
40
46%

1 % Mar. 30

2% Mar.
18% Mar.

8

Sale

40

60

8%

57

7%.
6%

10%
18%
20%
2%

36%
1%
2%
4%

8%
Sale
12
18%
Sale
3
Sale
Sale
Sale
5
.

18
Sale

6

19

75% Sale
87% Sale
101% Sale
16
17%
25% Sale
84

Sale

% Sale
5%
7

39% Sale

15%

75

3%

Sale

4%

63

Sale

15%
17

Sale
17%

58

Sale

Sale
45
46%
8% Sale
25
26%
15% Sale
4%

100

102

7% Sale
21

2%

18%
29

Sale

3
19%
Sale

92

94%
64% Sale
97
98
16%
19%
13
15
11%
12

15% Sale

% Mar. 29

5% Mar. 23
5% Mar. 30
10

Mar. 18

9% Mar. 30

11%
39%
58%
7%

Mar.
Mar.
Mar.
Mar.
17% Mar.
75
Mar.

31
29
18
30
30
28

9

% Mar. 29
5% Mar. 23
5% Mar. 30

Mar.

4

11% Mar.
15% Mar.

1
1

10

Mar. 24

57
46

Mar.

Mar.
Mar.
Mar.
Mar.
Mar.
17% Mar.

14% Mar. 2
24% Mar. 17
81% Mar. 7

75

10% Mar. 30

16% Mar.

2

86
8

Mar. 10

Mar.

2

40

Mar.

1

Mar. 14

57

Mar. 10

Sale

5

34%
53

Sale
55

7h
5

«

8%

Sale

7

13%

8%
15%
Sale

13

55

7% Mar.

2

5

Mar. 25

8

Mar. 30

14% Mar. 30
Mar. 31

13

Sale

1% Mar. 31

25% Sale

25% Mar. 31
% Mar. 23
1% Mar. 25

1%

1%

Sale
Sale

2

Sale

6

7%
6%
10%
18%
20%
2%

Mar. 2
Mar. 1
Mar. 3
Mar. 2
Mar. 1
Mar. 10
38% Mar. 4
1% Mar. 1
2% Mar. 4

30
31
29
18
30
30

Jan.

1% Jan.

3

11

Jan.

10

9%
11%
15%
67%
66%

Jan. 10
Jan. 12
Feb. 25
Feb. 24
Jan. 22

3

Jan.

20% Jan.

10

75% Jan.

15
15

73

13

Jan.

17% Jan.

8

37

Jan.

85

Jan.

8
21

24
30
18
30
30

64% Jan.
17% Jan.
87% Jan.
10% Jan.

21
7
21
11

31

58%
8%
7%
11%
20%
23%
2%
40%
1%

Mar. 28

62% Feb.
10% Mar.
84% Feb.
4% Mar.
33% Mar.
51% Jan.
6% Feb.

62%
85% Mar. 26
4% Mar. 30
33% Mar. 30

3

Mar. 26
Mar. 24

1%
11%
39%
58%
7%

Mar. 16

Sale

Feb.

9% Mar. 30

4

100

11

5

3
Mar. 25

8

Mar. 30

14% Mar. 30
13
Mar. 31
1% Mar. 31
25% Mar. 31

46% Jan.

8

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

11
7
10
10
19
11
10
12
12

Jan.

10

18

%

2

Mar. 26

4% Mar. 14
19

Mar.

1

75% Mar.
87% Mar.
26 101 % Mar.
16
Mar.
29
25 26% Mar.
Mar.
31 84
% Mar.
2
30
5% Mar.
28 39% Mar.

1
1
1

4

% Mar.
2% Mar.

1
9

Sale

12
58

Mar. 30

58
68

Sale

68

Mar. 24

79
9
18

Sale
Sale
Sale

79

Mar.

8%
16%
70%
%

Mar.
Mar.
Mar.
Mar.

12% Sale

71

Sale

%

Sale

3% Sale
35% Sale

% Sale

2%' Sale
25

Sale
19

2% Mar. 25
34% Mar. 29

Mar. 22
Mar. 29

2% Mar. 25
34% Mar. 29

1
1

61
63

55

10
Sale
9%
18%
21%
2%
Sale
1%
Sale

Mar. 31

55

81%

56

Mar. 29

12 113

21% Mar. 29
8% Mar. 31
83% Mar. 31

Mar. 1
Mar. 1
Mar. 1
Mar.
1
Mar. 10
Mar.
1

30

24

63

7

12

33%
12%
95%
9%
14%
6%

21

50

6%

4%

21% Mar. 29
8% Mar. 31
83% Mar. 31

26

90

15% Sale

18%

7
12

Sale
Sale
Sale
Sale
Sale

22%
8%
83%

27
24

81% 100
7
7%
43% Sale
8%

113

113

25
20

31

20% Sale
72% Sale

6% preferred.......

Sale

14% Sale
33%
84
62 %
82 %
16% Sale
85%
90%
8
8%
39% Sale

12% Sale
25
81
60

100
7% preferred
.—100
Savage Arms Corp..........*
Schenley Distillers Corp....5
5% % preferred
100
tSchulte Retail Stores
1
8% prefer red.........-100
Scott Paper—.............*

—*
5% preferred...........100

*
58,100 Shell Union OH
Convertible prefer red.. 100
8,100
45,200 Silver King Coalition.......5
71,600 Simmons Co
10
13,700 Simms Petroleum
4,300 Simonda Saw A Steel Co....*
25
33,400 Sltelly OH Co
6% preferred
.100
1,700
3,880 Sloss-Sheffleld Steel A Ir.100

200

3,700
1,300
2,700
177,800

4%
39

1% Sale

SafewayStores

550 Sheaffer (W A) Pen Co

260

28,500
2,600
15,500
29,600
4,300
1,400
13,500
1,300

Sale

100
Sale

62

20,066

I!

20%

26

8

920

Sale

61

70

conv prior

..5

500 Rhine Westphalia El & Pow._
*
122,600 Richfield Oil Corp

100

4,400

71 :

Sale
Sale
Sale
15%
Sale

60

......

...

170
5%% preferred..—....100
20,700 Reynolds Metals Co........*
900
5)4% conv. pref........100
37,500 Reynolds Spring Co—.....1
129,300 Reynolds (KJ)Tob cl B-.-.-10
Common
10
1,170

200

42,300
2,300
24,300
2,400

Sale

11%
95%
9%
14%
6%

pref ser A 100

6%

880

"8",500

1,160

16

Sale

75

4,600
55,600 1
2,800 [

800

280

Sale
Sale

33

65

320

900

11
94

111% 113

102,000
..._..*
646,500 Republic Steel Corp
6% cony preferred—...100
3,900

200,400

32,700
7,400
13,300

113%
29% Sale

2%
17%
57%

Reo Motor Car

'47,700

49,400
1,500
6,000
6,100

....

...

112

% Sale
1%
Sale
Sale
Sale

1%
15%
3%
47%
9%
10%
45%
3%

Sale
Sale
Sale
Sale

40

Sale

Mar. 29

3

Mar.

34% Mar.

% Mar. 29
1% Mar. 29
15% Mar. 29
3% Mar. 29
47
Mar. 31

9% Mar. 30
10

Mar. 26

45% Mar. 31
3

Mar. 30

39

Mar. 30

2

1

1
7
1

26

Mar.

3%
64%
15%
16%

Mar. 25
Mar. 1
Mar. 1
Mar . 11

58

Mar.

1

4% Mar.

1

45

3

5% Jan. 26

12
58
68
79

Mar. 26

Mar. 30

8%
16%
70%
%
3

23% Jan.

12

Mar. 29
;

81

Jan.

20

Mar. 24

93

Jan.

18

Mar. 26 105
19

Feb.
Jan.

11
4

27% Jan.

0

Mar. 29
Mar. 25
Mar. 31

Feb.

10

Mar. 30

Feb. 23
Jan.
4

85
1

34% Mar. 28

7% Jan. |11
42
Jan. ,24

% Jan.
6
1% Mar. 29
15% Mar. 29

2% Jan. 13
27% Feb. 25

3% Mar. 29
47

Mar. 31

9% Mar. 30
10

Mar. 26

45% Mar. 31
3

Mar. 30
39Mar. 30

Mar.

3

Mar.
Mar.
Mar.
Mar,

3
3
1
7

6% Mar. 12
21% Mar. 29
10
93

Mar. 20
Mar. 30

Mar.

7

Mar.
Mar.
Mar.
Mar.
Mar.

Mar. 30
Mar. 28

% Jan.

5% Jan.

66

Jan.

14

Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10
14
17
27
11
27
11
11
17

Jan.

13

34% Jan.

10

9%
27%
18%
101%
9%
24%
3%

93

Sale

93

5

Sale

4%
12%
2%
14%

Mar. 31
Mar. 30

29

Mar.

1

4%
12%
2%
14%
18%

94

85

Mar. 30

93

Mar.

7

85

Sale
96

45

Mar. 28

64% Mar.

1

45

93% Mar. 11
13% Mar. 25

98

4

17% Mar.

2

10

15

Mar.

2

8% Mar. 29 111% Mar.
10% Mar. 31 115% Mar.

3
1

93% Mar. 11 100
13% Mar. 25 20%
10
Mar. 31 15%
8% Mar. 29 13%
10% Mar. 31 16%

13% Sale
2%
15

2%
Sale

18% Sale
84
45
90

12%
10

15
Sale

8% Sale
10% Sale

Mar. 11
Mar. 30
18% Mar. 31

Mar. 31

21% Mar. 1
2% Mar. 14
18% Mar, 2

Mar.

31
30
11
30
31

14

5% Jan.
48

6% Mar. 12
21% Mar. 29

8

3

65% Feb. 25
16% Jan. 12
20% Jan. 11

6% Sale
20% 25
10% Sale

10

8%
26%
Mar. 20
15%
Mar. 30 101%

1

% Mar. 23

1% Mar. 25
2

.

22

Jan.

Feb.

1

82% Jan.

12

Jan.

13

93

Jan. 10
Jan.

15

Jan. 15
Jan.

10

Solvay Am Corp—

500

38,500
7,500
70

1,200
86,100
14,800
2,120

5%% preferred—
So Porto Rico Sug
8 % preferred

For footnotes see page 40.




...100

South Amer Gold Ac Plat____l

..

.

110

114

2% Sale

*

22

-.100

128

......

Sale

131

111
113
112% 114
2% Sale
1% Sale
18
19
25%
25%
134
Sale
132% 142

111% Mar. 30 113
1 % Mar. 29
2%
16% Mar. 26 25%
132% Mar. 11 140%

Mar. 11

Mar. 2
Mar. 13
Mar. 26

111% Mar. 30 113% Feb.
1 % Mar. 29
3% Jan.
Jan.
16% Mar. 26 28
128
Jan.
4 140% Mar.

28
13
10

26

Y. STOCK

N.

April, 1938]
AGOREOATE SALES
Since

March

Share*

16,800
211,800
88,200
45,300

39,900
499,000
216,900
97,400
1,100
2,600
1,160
65,000
3,600

500

1,200
900

25,600
1,700

Par
Sou

California

3
1938

lioo

18%
11%
18%

Sale
Sale
Sale

.100

22

27
3%
Sale

.10

._.*

Southern Railway

"2", 300

101,100
2,200

401,700
4,900
2,400
179,200
5,180
33,200
233,600
8,100
22,400
73,800
116,700
11,300
45,400

530

68,400
1,220
10,400
100,600
3,800
10,300
25,800
43,800
5,000
17,700

5% preferred
certlfs

A Ohio

*00

1st

preferred
Sparks Wlthlntfton—...
Spear A Co

1,000
156,900
138,500
1,500
341,700
4,600
18,400
42,200
10,100
180,200
163,700
12,300
1,110
96,400

500

66,800
63,800
1,200
118,400
1,100
9,000

16,800
3,300
47,300
64,100
3,200

39,600
11,500
50,800
8,900
3,300
300

90

120

2,500
2,600
10,000
13,700
1,700
44,200
2,500
19,100
17,200
59,000
21,800
3,900
46,500
800

4,200
13,600
56,800
-219,100
54,700
39,300
8,600
9,400
501,000
125,400
1,500
8,900

1,600
6,°00
19,600
97,900
23,900
16,200
4,100
4,700
176,000
46,600
800

4,300
30

100

7,400

27,400
6,100
365,200
48,100
39,300
23,700
790
49,040
9,800
25,200
205,900
4,000
14,900

900

169,800
19,900
24,300
6,900
260

120
100

14,300
6,500
15,500
300

24,700
33,400
603,100
166,900
16,600
1,500

*

Standard Investing Corp...*
Stand Oil of Calif

Standard OH Co of Ind—25

10

Standard Oil of Kansas

Standard Oil ef N J....—.25
Starrett Co (TheL S)

Sterling Products Inc.. ..10
Stewart Warner Corp......5
Stokely Bros A
Studebaker

1

Co Inc

—*

Sun Oil

Corp.. ........1
*

23%
Sale
13%
Sale
Sale
Sale
Sale.

19%
15%
7%
26%
6%

21%
Sale
Sale
29
Sale

51

Sale

Sale

6% Sale
97% Sale

20

12%
31

8

22% Sale

Sale
Sale

14% Sale
17%
21
8%
10%
16%
23%
8%
6%
6%
41

12% Sale

2
2

Sale
Sale

8% Sale

4% Sale

Sale

10% Sale
13% Sale

18

%

1

32% Sale
33% Sale
30
34%
52% Sale

%
25%
24%
28

40%

1%
Sale
Sale
34

Sale

Sale

16

18

58% Sale

50

Sale
Sale
Sale
Sale

25

9%

Sale

!* A*
8% Sale
5% Sale
50

Sale

l24

124%
13% Sale

27

2%

Sale

Sale

14

15

22%

23%

8

9

17% Sale
25
25%

Sale
Sale
7

8% Sale
6% Sale
6%
7%
41
42%

6%
5%
5%
3%
45%
l21 %
9%
17%
1%
8%
"

4
5

Sale
Sale

41

Sale
Sale
Sale
Sale
Sale
Sale

6% Sale
Sale

Sale

1
7

29

32% Mar.

3

"~I% "2"

Mar. 30

6% Mar. 31
Mar. 26

51

12% Mar. 31
6% Mar. 31
94

Mar. 18

1% Mar. 30
Mar. 31

2

4% Mar. 30
10% Mar. 30
13

Mar. 29

% Mar. 29
25% Mar. 31
24% Mar. 30
Mar. 25

34

15

5

Sale
Sale

88
Sale

3% Sale

4
9

5%

Mar. 14

IP

Jan.

6% Mar.
51% Jan.

H"

Feb.

12% Mar,

21J

Jan.

Mar.

9
107

1% Mar.

3

Jan.

17
10
5
10
26
11
10
5
10

Mar.

5

Jan.

12

Jan.

12
14
12

p5%

Jan.

Mar.
7% Mar.

29

Mar.

x39

6% Mar.
94
2

4% Mar.
10% Mar.

1

% Feb.
25% Mar.
24% Mar.
34

1
1

33%
35%
35%
54%

39% Mar.
17% Mar.
49

6%
5%
5%
3%
45

Jan.

Mar.

4

Mar. 14

Mar.
Mar.
Mar.
Mar.

I*

1
1

4

Mar. 29

5

Mar. 31

35

Mar. 29

41

4%
3%
32%
2%

Mar.
Mar.
Mar.
Mar.

31
30
30
29

43

26

Mar. 30

3

Mar. 30

8
Mar. 10
Mar. 18

ss

26

Mar. 30
Mar. 30
Mar. 31
Mar. 31
Mar. 30

9% Mar.
10% Mar.
24% Mar.

2

Mar. 30

24

Mar.

3

Mar. 28
Mar. 21

2% Mar. 31

30
28
28
30
29

31% Mar. 30
8
4

Mar. 30

1
1

54% Mar. 29
3% Mar. 2
Mar.

8

4% Mar.

b
15

Mar. 24

15

Mar. 30
Mar. 30
Mar. 29

54M Mar. 29

1

52

50
i

§*

IX Mar. 16

1

Mar. 28
Jan. 21
Mar. 31

Mar. 24
Mar. 31

Mar.

7

12% Mar.

5

Mar.

2

Mar.

4

Mar.

1

82% Mar.

5
2

78

4

31% Mar. 30

i2o^
15
12

Mar.

43

Mar.
Mar.

10*

3% Mar. 30
8% Mar. 28
Mar. 28
Mar. 30
10 H Mar. 29
8

1

8
4

Mar. 30
Mar. 30

6

Mar.

1

7

Mar.

5

2% Mar. 30
81% Mar. 18
3% Mar. 28

3

Mar.

1

82
5

Mar. 14
Mar.
4

8

Mar. 14

5

Mar. 31
Mar. 29

4

Mar. 31

6% Mar. 31

5

Feb. 16
Mar. 31
Mar. 30
Mar. 30
Mar. 30

2% Mar. 30
80

Feb.

Jan.

24
13

Jan.

13

Jan.

11
lo

Jan.

Jan.

10
10

Jan.

12

10% Jan.
8% Jan.

11
11

9

Mar.

Mar.

13
12
12

Mar. 10

27

1

1

Jan.

24% Feb. 25

Mar. 31

2

Mar.

4

12

Jan.

Mar.

4%
3%
32%
2%

Mar.

13

7

35

15

Jan.

14%
29%
3%
17%

4% Mar. 30
4
Mar. 29
5

15
24

Jan.

22% Mar.

8% Mar.
7% Mar.
7
Mar.

Feb.

g?8

7% Mar.

3

Feb.

Mar.

125

.17% Mar.

Mar.

Jan.

11% Jan.

Mar.
Mar.
Mar.
Mar.

15

Jan.

Jan.

\\»

Mar.

1

13
12
7

Jan.

59%

Mar.

Mar.

Jan.
Feb.

26

119% Feb.
9%
17%
1%
8%

Jan.

22% Jan.
26% Jan.

Mar.

Mar.

Jan.

8

3% Mar. 28
5% Mar. 31

Jan.

7

Jan.

47

Jan.

18
10

5% Feb. 18
Jan.

11

44% Jan.

11

8

4% Jan. 10
Jan. 10
34
Feb. 21
10
Feb. 10
11
Mar.
1
24
24

Feb.

23

58% Feb. 21
4% Jan. 17
56
Jan. 13
4% Jan. 12
15
Mar. 24
2% Jan. 13
5% Jan. 12
15% Jan. 15
3% Jan.
8
13% Jan. 11
15% Jan.
6
85
Jan. 13

13%
48%
12%
7%
9%
4%
83

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

11
11
12
15
10
12

Jan.

10

6% Jan.
10% Jan.

10
11
25

AA
Sale

Sale

5% Mar. 31

17

Sale
27

23% Mar.
31% Mar.

24

26

16% Mar. 29
25% Mar. 25
2% Mar. 29

Mar. 29

Sale

3

Mar. 25

31% Feb. 23

16

38

Mar.
Mar.

3
8

6
44

9% Mar.

2

Mar. 29
Mar. 30
Mar. 25

Sale

2% Sale
20

38%
Sale

6%

2

Sale

Sale

82

1% Sale

Sale

Union Tank Car.........—*

Sale
Sale

Sale

Sale

Sale

22%

6

41

Mar. 31

7% Mar. 30

20

Sale

Mar. 31
17% Mar. 31
55% Mar. 31
66
Mar. 30
20
Mar. 30

20%

Sale

19% Mar. 30

66% Sale

Sale

5

Sale

10%

Sale

Sale

19

Sale

Sale

Sale

6%
14%
113%
39%

116

*

Sale

Corp.*
♦

19
Sale

alSik
Sale

Sale

•

Sale

Sale

Sale

......5
—10

Sale

Sale

.......100

78SH

Mar. 25

14%

Sale

Sale
Sale

4

Mar. 30

Mar.
Mar.
Mar.
Mar.

31

1

; Mar. 21
Mar.
1
Mar.
1

1

§*

1% Mar. 26
41

1

57

i Mar.
i Mar.

2
2

17% Mar. 31
55% Mar. 31

Mar.

2

66

Mar. 10

20

i Mar. 15
i Mar.
2
i Mar. 18
Mar.
2
Mar. 29
Mar.
4

31
19
31

Mar. 14

13% Mar. 29

Mar. 31

Mar. 30
Mar. 30

19% Mar. 30
5

Mar. 30

Mar. 26

1

22% Mar. 31
4% Mar. 30
4% Mar. 29

Mar.

5

Mar.

4

Mar.

2

Mar. 31

Mar.

2

64

1

3

Jan.
Jan.

13
11

12

Jan.

13

59% Feb.

23

12%

Jan.

12

80

Mar.

2%

1

21% Feb. 23
88% Jan. 12
81

Jan.

6

23

Jan.

12

27*

Jan.

5

Jan.

5
26

8

2

Mar. 26
22% Mar. 31
4% Mar. 30

Jan.

10% Jan.

10
6% Mar. 31
19
14% Mar. 31
110% Jan. 20 114
39
Jan.
4
49%
13% Mar. 29

Mar.

2

Mar. 31

7% Mar. 30

Mar.

57

*

9%

Mar. 30

1% Mar. 26

United Biscuit of Am—...*

United Dyewood...

Mar. 30

Mar. 29
Mar. 31

2% Sale
80
85%

United Aircraft Corp....—5

United Drug Inc...

10
21
12
12

24

Mar. 15

1

8

4

7
Sale

Mar. 26

Mar.

9% Mar.

78

Sale

—

llH

29

Sale

Union Pacific..........—100

United Corp..
Preferred

1

2

8% Sale
31% Sale
8% Sale

21 %
Sale

100

3
1

Mar.

Mar.

78

Sale

Preferred

Mar.

7$

10%

6%

California....—25

United Carbon

Mar.

30

Sale
Sale

Sale

Sale
Sale
Sale
Sale

United-Carr Fastener

1

33

4
1

Mar.
Mar.
Mar.
Mar.
Mar.

2

Sale

14

Jan.
Jan.
Jan.

46

1,9% Mar.

13

23% Mar.

Mar.

3%
8%
1%
5%
10%

3% Sale
8% Sale

4% Sale
Sale
2% Sale
10%
13
14% Sale
82
88
10% Sale
39% Sale
11
Sale

Sale

Transport.5

Mar.

69% Mar.

Mar. 31

7%
58%
17%
55%

American Bosch

19

29

6% Mar.
5% Mar.
5% Mar.
3% Mar.

1

41

United

10% Mar.
1
59% Mar.1 1
20
Mar. 2
8% Mar.
99% Mar.
3
Mar.
4% Mar.
8% Mar.

Mar. 29

49

Sale

Sale

United Air Lines

Mar. 1_

39% Mar. 31
17% Mar. 29

Mar. 24

1

12

2

10

3% Jan.

Mar. 30
Mar. 25

29

12

Jan.

32

2% Mar. 29

4

Mar.

20% Mar.
12% Mar.

15

Sale

4% preferred...........100

m
8

2 % Sale
7%
15

Sale

Union Oil,

3% Mar. 7
* Mar. 11
3
Mar.
1<

10
12

13% Jan.
21% Jan.

Mar. 24

24

50

63

Sale

Sale

.

.....

20

Mar. 26

3

Sale

Paper, new

2

19% Mar. 26
15% Mar. 30
7% Mar. 31

54% Mar. 29

Sale

Fisher

Elliott

Union Bag A

Union Carbide A Cat

1

Mar.
Mar.
Mar.
Mar.

15

7

*

Underwood

Mar.

30

24% Jan.
22% Jan.

31
31
30
30

19%
9%
5%
8%

1

±

Sale
63

3%

1

30
5% Mar. 1
Sale
Mar.
4
45
Mar. 29 53
Sale
123% 123% Mar. 9 124% Mar. 2
Mar. 10
31
9% Mar.
Sale
Mar.
1
28
17% Mar. 31
Sale
Mar.
1
1% Mar. 26
Sale
Mar. 7
8% Mar. 31
Sale

35%

19

56

4

1

12% Mar.
19% Mar.

4% Mar. 30

13

55
4

Mar. 25

4% Sale

Sale
Sale
Sale

3% Sale

2

22% Sale

7%
8%
18%

Sale

Mar. 30

22% Mar. 30

Sale

Sale

29

22% Mar.
19% Mar.

17% Mar. 30
7% Mar. 23

7
15

27

4%

6

2% Mar. 29

Sale
8
Sale

18

4%
4%
33%
2%
26%

4%
39

Mar. 24

20

Highest
Sale Prices

75

Sale

4

Sale
Sale

49

5

7|%

Sale

Sale

4%

Sale
Sale

-•
*

Ulen A Co

Feb

Jan. 11
Mar. 29
Fed.
Jan.
Jan.

32

7*

Jan.

Jan.
Jan.

4% Mar. 29
Mar. 31
Mar. 26

80

Jan.

6

Jan.

23

10
8
12
12
10
10
11"
12

United Electric Coal Cos

5

80
Sale

Sale

Sale

64
3

Mar. 26

Mar.

United Eng A Foundry
United Fruit

5

Sale

Sale

Sale

21% Mar. 31

Mar.

2

21% Mar. 31

35

50

Mar. 31

Mar.

4

50

65% Feo. 25
5
11% Jan.

Preferred-

United Gas Impt
Preferred

*

Sale

Sale

Sale

Co.....—*

Sale

Sale

Sale

*

Sale

Sale

Sale

....

United Paper board

Co.__._10

Preferred

400 U S Distrib Corp

Fortfootnotes seeipage 40.

5

5%

Sale

*

Sale

Sale

Sale

»

90

75

74

..........

*
—

100
Preferred.
2,230
13,700 U S Freight
*
65,500 U S Gypsum Co
20
710
7% preferred..........100
5
14,600 U S Hoffman Mach
800
5%% conv pref
....50
38,700 U S Industrial Alcohol.....*
*
14,600 U S Leather
Class A
.........—*
38,900
900
Prior preferred
100
61,000 U S Pipe A Foundry
20
83,900 U 8 Realty A Impt.........*
*
1,171,600 U S Rubber
293,100
8% 1st preferred.......100
33,900 U S Smelt Ref A Mg
50
Preferred...............50
2,700




2

98% Sale
3
Sale

2%

2% Sale
35

106%
3%
Sale
Sale
Sale

12

9% Mar. 31
5% Mar. 30
8% Mar. 30

22%

10%

27

19% Mar. 31

Sale
Sale
Sale
20

Lowest
Sale Price

Sale Price

Sale Price*

Sale

7%

59%
19%

1
1%
28% Sale
33% Sale
31
42
44% Sale
20%
22
54
54%
9
Sale
7% Sale
9% Sale
4% Sale
47%
51
121
Sale

15

Sale

22

—

19%
9%
5%
9%

Sale

3

Sale

2%
4%
9%

Tobacco..

^Standard Gas A Elec_.
94 preferred
.
.
....
96 prior preferred....
97 prior preferred....

Stone A Webster

39

22
Sale
Sale
41

Sale
Sale
Sale
40
3%

18%

94.50 preferred

28,000 USA Foreign Secur Corp
800

19%
16%
12%

J Sale

....

Standard Brand*.......

Com'l

18%
12%
19%
27%
3%
42%

75

Sale

97,700 TrI-Contlnental Corp......*
6% preferred
.*
1,600
22,000 Truax Traer Coal..........*
10
3,000 Truicon Steel Co
68,300 20th Cent Fox Film Corp...*
91.50 preferred...........*
7,900
13,600 Twin City Rapid Transit—*
Preferred..
.100
2,920
—....1
38,800 Twin Coach Co

9,000
1,000
26,900
3,000
8,000
2,110
9,900

6,500

Square D Co class B.

Sale
8%

22% Sale

Ask

Highest9

Lowest

Mar. 31

Ask Sid

Bid

Sale

..........

100

6%

2

*
2,800 The Fair Co
340
7% preferred..........100
1
31,000 Thermold Co
13 div conv pref
10
100
—..10C
5,400 Third Avenue
4,500 Thompson (J R)..........25
20,100 Thompson Products........*
..*
27,100 Thompson -Starrett....
Preferred
*
2,500
10
128,500 Tide Water Assoc Oil
$4.50 conv pref—
......*
6,000
47,700 Tlmken-Detrolt Axle Co...If
....*
49,100 Tlmken Roller Bear
2
119,200 Transamerlca Corp new
5
51,300 Transc A West Air Inc
10,300 Tran A Wl.llama Steel Forg*

1,700
16,700

200

Spiegel Co Inc..........
Conr 94.50 pref..—..

*

.....

100

1,240
6,500
27,800

l

5,500 Telautograph Corp....... 5
...5
41,800 Tennessee Corp
25
363,100 Texas Corp (The)..
71,800 Texas Gulf Producing Co—*
*
55,200 l exaa Gulf Sulphur
105,900 Texas Pacific Coal A Oil...10
1
196,000 Tex Pac Ld Trust ctfs
100
11,100 Texas A Pacific
*
5,500 Thatcher Mfg...
93.60 conv preferred......*
200

1,200
20,800
138,700
26,400
18,600
33,200
60,700
4,800
3,500

200

(The) etc
Splcer Mfg Co
93 conv preferred A....

S perry Corp

25
49,900 Swift A Co
17,300 Swift Internat Ltd
Symington-Gould Corp with
stock purchase warrants. 1
47,400
Without warrants.....— 1
40,500
2,500 Talcott (James) Inc.....—9
370
5%% preferred
50

19,700
14,200
1,500

12,600

Spencer Kellogg A Sons

......

19,700
6,300

22,500
4,700
12,600
82,700
2,000
6,200

i
*

6% preferred
........100
Sunshine Mining Co.......10
22.600 Superheater Co (The)......*
1
108,300 Superior Oil
22,000 Superior Steel
..I#'
11,800 Sutherland Paper Co......10
500 Sweet* Co of Amcr (The)-.60

600

38

2%
...

...

3id

3

Spalding (A G) «c Bros.

Stand

Mar. 1

22

Edison..

$5.50 preferred...—...

'YM

Jan

Ask
Sale

Southern Pacific Co

Mobile

1

Price

Jan. 1

Share*

RANGE SINCE JAN.

PRICES IN MARCH

stocks
N. T. STOCK EXCHANGE

In

39

EXCHANGE-STOCKS

............

1%

A*
Sale

1
Sale

9%

Sale
Sale

Sale"

Sale

Sale

1692

Sale

164
Sale

32

7
36

Sale

Sale

30
Sale

Sale

Sale

Sale

Sale

Sale

Sale

75
Sale

70
Sale

70
Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Mar. 26

Mar.
4
Mar. 23
Mar.
5

8% Mar. 30
100
3

Mar, 14

Mar. 31

Mar.

1

Mar. 18
Mar. 23

Mar.

7

Mar. 26

Mar.

5% Mar. 30

Mar.
Mar.

7fA
S'4
55

Mar. 23

Mar. 31

162% Mar. 28
4% Mar. 29
25

Mar. 15
Mar. 22

Mar. 22

Mar.

13% Mar. 31
3% Mar. 30
5% Mar. 26
:

Mar. 30

2^

Mar.

1

Mar. 21
Mar.
8

MP.

7

1
1
Mar.
1
Mar. 17
Mar.
1

Mar.

50

Mar. 29
21% Mar. 30
Mar. 31
Mar. 31
Mar. 31
Mar. 31
x55
Mar. 31

1

9
1
Mar. 15

;

Mar.

5

Mar. 31

8% Mar, 30
100
3

Jan

Jan.
Mar. 14 106
Mar. 26
5% Jan.

3
12

Mar. 31
Feb.
4
Mar. 23

17

Mar. 26
Mar. 30

8%

Vk

10
Mar. 31
72
Mar. 28 169 &
Mar. 29
8>
Mar. 22
Mar. 31

Mar.
Mar.
Mar.
Mar.

35

18
12
15
Jan.
4
Feb.
9
Jan. 11
Jan. 12
Jan.
Jan.

Feb.

23 v
6

Jan.

15

30

Jan.

26

10

Jan.

29

66

Feb.

30

32

Jan.

ifH

Feb.

13
13
18
17
10
25
21

71

Mar.

Mar. 31
Mar. 31
Jan.

Jan.

74% Feb. 21

_

Mar. 31
Mar. 31

Jan.

Mar.

70% Mar.

8
5

AGGREGATE

SALES

In

413,950
29,100

OB

1938
Par

Shares

1,419,560

100

56,700
2,000

30

460j

8,000

8.000

630

United States Steel..

100

900

130
450

19,300
8,400
190

31,600
5,900

800

380

Preferred

180
400

8,300
100
4,000
9,200
1,600
72,400
7,900
1,300

1,090
20,000
1,800
2,600

5,800

14,800

410

4,500

3.200
9,200

-

44,800
27,300
30

1,600
2,200
1,140
2.800

5,300
288,400
620

9,100
95,300
200

12,900
32.800

42,900

57%
145
Of.

99

120

51

2% Sale
7

7
40 X

...

Sale
Sale
Sale
Sale

25

Sale
Sale

97

Sale

18%
79%

Sale

3%
3%

!89H

74

12%
3%
40%

4%

6

35

Sale

39
Sale

i!H

Sale

21
15

Sale

23

26% Sale
2%

2%

.1%
Sale
73% 75
94
88%
95% Sale
90
88%

35

Jan.

Sale

Sale
Sale
18

34% Mar.

Mar. 10

Mar. 18

42

1

Mar. 30

5

1% Mar. 26
Feb.
3

42

8% Mar. 30

13% Jan.

34% xv^ar.
42

.

4% Mar.
Mar.

2

Mar. 24

Mar.

3

8% Mar. 30
Mar. 31

Mar.
Mar.

1
4

48

Mar. 28

Mar. 11

138

27% Mar.
% Mar.
% Mar.
16
Mar.
11% Mar.
14% Mar.

2

30
30

Mar.

7

Mar.

2

18

Mar.

4

26

Mar.

31
31

1

e" Mar. 1
Mar.

3

Mar;

3

Mar.

9

Mar.
Mar.
Mar. 19
Mar. 2
Mar. 14
_

_

Mar. 21

2

1% Mar. 23

3

1
3

Mar.

7

5% Mar. 31
15% Mar. 29
Mar. 29
4% Mar. 30
30
Mar. 31
18
Mar. 18
74

Sale

8

Mar. 26

Sale
Sale

2

Mar. 26

23

Mar. 31

3% Sale
24%

25

1% Sale
5

Sale

„

3% Mar. 26
20

Mar. 26

1% Mar. 31
5

Mar. 31

Mar.
Mar.
Mar.

Mar. 14

8%
41%
19%
12%
3%
40%

Mar. 2
Mar. 9
Mar. 11
Mar. 15
Mar. 2
Mar. 1
Mar. 1
Mar. 16

3% Mar.
11% Mar.

1

1

14

25%
95%
135

15

15%

34%
Sale

Sale

33%

Sale

24

25%
Sale

137

26%

14%
26%

60

"85"

m90rm

90

75%

1

105

.23
83

57
14
i

Sale

80

63
16

53
14

8% Sale
9X
10%
IX Sale
12% 13%

2%
2%
2% Sale
4% Sale
5

50

12%
36

Sale
58

13%
Sale

Sale
101

58%
14%

10% Sale
10
2

Sale

2%

Mar. 30

17%

Sale

17

Mar. 30

26% Mar.

2

17

Mar, 30

72
72

Sale
Sale
Sale
74

72
72

Sale

116

72
116

18

Sale

50

66

36

81

Sale

60%
23

63
Sale

8% Sale
68%
81%
13% Sale
37% Sale
73% 80

13% Sale"
2% Sale

16% Sale
16% Sale
63 % Sale
103

Sale

Mar. 31
Mar. 31

84% Mar. 31
74

2% Mar 10
1% Mar. 5
.

35
75

Mar,

1
Mar. 10

90% Mar.
96% Mar.

89
Mar. 29
Mar. 31 121

8
5

34% 35%
42% Sale
75
67

80

68%
24% Sale
14%
91%
16%

Sale

36

Sale

tvA

68%
85%
19% Sale
16% Sale
4

31
31

31

26%
25%
98%
137
15%
31%

Mar.

84% Mar.
74
116

11
11
4
17
10

81

Jan.

24

Feb. 23
Jan. 15
Feb. 18
Jan. 15
3% Jan. 13

8%
44%
19%
16%
48

Jan.

10

Jan.

13

4%
13%
24%
17%
29%

Jan.
Jan.
Jan.
Jan.
Jan.

13
13
14
17
17

[12

Jan.
Feb.

24

Jan.

24

3

Mar.

H
:

121

2% Mar.

i* Jan.

Jan.

10
10
11

3

Mar.

IX

3% Jan.

11

16% Mar.

28% Jan.

10

Mar.
Mar.
Mar.

1
3
1

Mar.

8

Mar.
Mar.
Mar.
Mar.

1
8

9% Mar.
31% Mar.

7
9

10

Mar.

20

Mar.

x27

60

Mar.

60

Mar. 19

75

Mar.

90

Jan.

15% Mar.

27% Jan.

61% Mar.

109% Jan.

15

Jan.

27

17% Jan.
32% Jan.
15% Jan.

15

103

140

Mar
Mar

31
31

14
27

60

105

60

Mar,

19

60

75

Mar

12

80

15

75
Sale

14% Mar 26
75
Mar, 29

23

Mar.

90

75

Mar.

47

Mar

29

80
51

Mar. 25

46%

Mar.

8

47

Mar.

12

Mar

26

14

Mar.

2

12

Mar.

15

Mar.
Mar.
Mar.
Mar.

\l«

1

10% Mar.
10

Mar.

1

31

2

Mar.

2

31

17

Mar.

2

6%
7%
1%
8%

2% Mar.
2% Mar.
5% Mar.
4% Mar.

3

1% Mar. 30

1

2

1
3

4% Mar. 26

8% Sale
1 %

Sale

1% Mar. 30

2

Sale

2

Mar. 29

4% Mar. 26
3

Mar. 24
Mar. 30

Mar. 29
Mar. 24

32

Mar. 30

Sale

32

10%
36%
11%
42%

Sale
Sale
Sale

10% Mar. 29

17

36

1
9

36

25

28% Sale
56% Sale
61% Sale
22
23%
9% Sale
72% Sale
9% Sale
25

Sale

62% Sale
11% Sale
9% Sale

Ex-rights,

Mar. 29

48

Mar. 10
Mar.
1

5
18
9

4
12

Jan.

4

14
13

Jan.
Jan.

Jan.
Jan.
21% Jan.

3

32

62%
29%

95

15

■£59#; Jan.

31

1

Mar.

27% Jan.

14% Mar.

31

6%
7%
1%
8%

Mar
Mar
Mar
Mar

Mar. 19
Mar. 2

Mar.

*

10

Sale

Jan.

% Mar.
1% Mar.

20

Sale

1
23

Sale

Sale
Sale

3

Feb.

20

12%
6%
7%
1%

3

Mar.

13

30

70
42

28

1.6* Mar. 24

111% Jan.

9% Mar
31% Mar

28

:

Jan.
Feb.

9% Sale
31
33%
l0
Sale

103

18

7% Jan.
40

Mar.

Mar. 10

10

Jna.
Feb.
Jan.
Jan.

35
75

Mar.

3

Mar.

Feb. 28
Jan.

4%
3%
8%
20%

31

Sale

y

16% Mar
15% Mar
61% Mar

1% Mar.
1% Jan.
25% Mar.
72
72

22

21
21
19
20
11

2% Jan.

Mar

4%
4%
3% Sale

Sale

Mar. 31

11

Sale
Sale

100
37
45

1% Mar. 31
5

27

102% Jan.
102% Jan.

Mar. 26

16% Mar. 31

2%
Sale

16

20

Feb. 15
Jan.
Jan.
Jan.
Jan.
Mar.
Jan.
Jan.

Jan.

3% Mar. 26

1

17%

60
30

Mar. 31

Mar. 26

Mar. 15

2%

45%
Sale
Sale

Mar. 26

23

Mar.

16%

2%
5%
4%
44%
16%
43%

Mar. 18

2

15

80

22

*

__

18
8

23

114% Sale" 113% Sale
113% Mar.,30 116% Mar. 24
13
Mar. 30
17% Sale
13% Sale
17% Mar. 3
4% Mar.
1
4% Sale
2% Sale
2% Mar. 31
3
Mar. 25
7% Mar. 8
4% Sale
7%
% Sale
% Mar. 23
1% Mar. 7
2%
2%
1% Mar. 18
1%
1%
2% Mar. 2

130

Mar. 31

Mar. 30

120

26% Sale

Mar. 29
4% Mar. 30

30

11

Sale

24% Sale
23% Sale
99% Sale

15% Mar. 29
74

16% Mar. 31

113
16

4X
4X
6%
1% Sale
2% Sale

Mar. 21

Sale

1% Mar. 26
1% Mar. 5
25% Mar. 31

4

11 118% Mar. 21

Sale

112

15

117% Jan.

11

1% Sale
1%
1%
25% Sale

14

Mar.

60

14% Mar. 31 z23%
Jan. 19 101
30% Mar. 30 42
5%
2% Mar. 29
15% Mar. 30 32%
105
Mar. 30 110%
4%
2% Mar. 22
5% Mar. 26 15%
100
Mar. 29 120%
57
37
Mar. 31

1

19% Mar. 15

10

Feb. 25

97

1% Mar. 23
2% Jan.
5
5% Mar. 31

7

2% Jan.

Mar. 28 147% Mar. 11
Jan. 12
27% Mar. 30 54
Jan.
7
1.
% Mar. 30
Jan. 10
1.
% Jan.
3
Jan. 17
16
Mar. 26 25
Jan. 12
11% Mar. 31 20:

1

80

6
35

Mar. 31

9

3% Mar. 10
8

37

16%

85

5

Mar. 10
Feb. 24

138

48

8

23

Feb. 10
Feb.
1

20 162

xvlar. 30

3% Mar. 30
1% Mar. 26
38

2
Sale

Mar.

5% Mar. 26 11
Mar.
Mar. 29 120
53
Mar. 14
Mar. 31
118% Mar. 21 118% Mar. 21
1
1%
1% Sale
1%
8%
5% Sale
15% Sale

62% Jan. 25
114% Jan. 10

4 130

37

74

13%

Mar. 29

Jan.

100

Sale

Mar. 31

38

Mar.

Mar.

Mar. 29
30% Mar. 30 39
4%
2% Mar. 29
15% Mar. 30 27%
105
Mar. 30 110%
3
2% Mar. 22

121

Sale

56

108% Mar.

97

Sale

8#-.;

*
No par value, a Deferred delivery, r Cash sales,
x Ex-dividend,
d Change oi name from International Ftinting Ink Corp.




Sale

Highest
Sale Prices

120

White Dental Mfg Co (S S)_20

...

Sale

12

10,600 Wilcox Oil & Gas.........-.5
43,400 Willys-Overland Motors....]
23,800
6% conv pref
—....10
106.500 Wilson A Co
f6 cum preferred..—
1011
8,600
31,700 Woodward Iron Co........10
136,200 Woolworth (1 W)
..It
55,500 Worthlngton P & M—_.10»
7% preferred "A"
70
101
Prior pref 4%% series-.100
3.600
Prior pref 4%% conv ser 100
6,100
3.620 Wright Aeronautical Corp..*
6,400 Wrigley <Wm) Jr
11.000 Yale A Towne Mfg Co.....25
1
940,400 Yel Trk & C'ch class B
2,930
7% preferred
10<
26,900 Young Spring A Wire
*
*
320,500 Youngst'n Sb A Tube
600
534%
preferred
..100
45,000 Youngstown Steel Door
*
104,200 Zenith Radio Corp
*
82,000 /onite Products Corp......1

Sale

16%

Sale

32

1,400
128,900 White Motor Co...........1
5,200 White Rock Mln Spgs ctis..*
*
21,000 White Sewing Mach
Convertible preferred....*
17,000

Sale

Sale

102

100

...

Sale

19

100

30

$5 conv prior preferred

Sale

Sale

18%
Sale

Sale

.....

100

Sale

m

27
73

*

40 Wheeling & Lake Erie Ry.100

Sale

Sale

2% Sale
IX Sale

Westvaco Chlorine Prod

250
5%% conv pref
54,200 Wheeling Steel Corp..

44

41

3%
10X
16%
13 X
24 X

—1

5% preferred

138

Sale

41X

36

10C
103,100 Western Union Teleg
79,000 Westinghouse Air Brake —•

Preferred

Sale

6

....

800
900

Sale

18% Sale
72% 74

....1

Class A

Sale

3%
3
8

Sale
2X Sale

2% Sale
36
39

332,800 Westlnghouse El & Mfg..50
7% 1st preferred
.....50
1,390
*
9,700 Weston El Instrument

2

3%

18%

...

60

A*

118% 125

10

6% preferred
100
1,430
1,280 West Penn Pow pref 7%__10i
6% preferred
10f
2,580
25,900 Western Auto Supply Co-.10
30,600 Western Maryland.......100
Second preferred
100
3,200
1<H
4,900 Western Pacific
6% preferred....
.100
16,200

42
Sale

Sale

39
38%
4% Sale
27% Sale
Sale
109
3
3%
10%
16%

•

Wesson Oil & Snowdrift

Mar. 18

22

*

& Co

40

•

21%
18%

5

Elsenlohr

29

Sale
Sale
58
Sale

Lowest
Sale Prices

2 140
1 162

Mar. 30

Sale

40

*

$4 conv preferred........
440 West Penn El Co "A"
7% preferred
10f
2,340

300

12,500
7.300
43,200
3,100
9,500

50
139
30
1%

*
—

1,700

290

7,900

2

*

Preferred
Ward Baking class A

7,400 Warren Fdry & Pipe
15,600 Waukesha Motor Co...
35,500 Wayne Pump Co

7,700
4,800

400
800
38,800
2,200
9,500
5,900

4%
40
11

9%

33,900
7% preferred..
100
4,150
.5
317,400 Warner Bros Pictures
$3."85 conv preferred.....*
3,260
*
57,100 fWarren Bros
Convertible preferred-_._*
3,100

70

18,500

Mar.

A™

—

Class B

3,000
1,800
40
70

161

40

.

140
1,040

520

Sale

10(

...

Wells Fargo

31,000

161

Mar.

41

*
18,100 Walgreen Co
3,600
4% % pref with warr
100
*
163,500 Walworth Co
21,900 Walker(H) Gooder & W Ltd.*

1,190
17,300

152,500

Mar. 29

29%

Preferred B............100
330
*
8,600 Waldorf System

640
5,400
600

37,500

95
140

4

24,000 fWabash..............—100
Preferred A
10(t
25,400

Webster

460

95% Sale

140

......100

7% preferred

10,300

1,920
9,400
11,000
1,700
1,400
8,700

39%

Sale

130

,

5,600

320

Sale

108

119

100

Detlnnlng

Sale

55

Sale

.....

4,800

17,200
2,600
150,800

7% 1st preferred

830 Vulcan

Bid

Highest

Sale Prices
Mar. 31
38

Sale

8,500 Vlck Chemical Co..........5
*
82,900 Va Caro Chemical
52,400
6% preferred
10<
1,380 Virginia Elec * Power 0% pf*
1,050 Virginia Iron. Coal ACokelOO
5% preferred
270
........100
1,000 Virginia Ry Go pref......100

160

7,600

Ask

Ask

Sale Prices

Lowest

Mar. 31

Ask Bid

25

100
1,010 Universal Plct 1st pref
38,500 futilities Pow & Light A
1
16,800 Vadsco Sales Corp..
....*
Preferred..
100
270
103,700 Vanadium Corp of America.*
12,900 Van Raalte Go.............5

470

53 %

105
116
148

Mar. 1

*

New

1
*
33,800 United Stores A
2,400
$6 cony preferred
—*
3,200 Universal-Cyclops Steel
1
*
2,400 Universal Leaf Tobacco
Preferred
100
420

380

,

*
100

7% pref new
24,500 United Stockyards Corp

410

4,200
20,000
15,400

Bid

100

7% preferred....
U S Tobacco.....

630

12,100
14,500
1,400
1,500

1

Price
Jan. 3

Jan. 1

Share*

RANOE SINCE JAN.

PRICES IN MARCH

STOCKS
N. T. STOCK BXCSHAM

Since

March

.

EXCHANGE-STOCKS

N. Y. STOCK

40

10% Mar. 29

12

21
22

24

2% Feb. 25
6%
5%
60%
19%
43%

Jan.
7
Jan. 10
Jan.
6
Jan. 21
Jan. 17
Feb. 23
Feb.
Jan.

3

11% Mar. 29

43% Mar.
18% Mar.

42

Mar. 29

66

Mar.

2

42

Mar. 29

20
66

27

Mar. 28

2

27

Mar. 28

35% Feb. 24

28%
55%
61%
22%
9%

Mar.
Mar.
Mar.
Mar.

35% Mar.
42% Mar.

1

Mar. 31

14% Mar.

1

28%
55%
61%
20%
8%

Mar.
Mar.
Mar.
Jan.
Jan.

71

Mar. 30

93
17

Mar,

4

71

Mar. 30

30
30
31
30

76

Mar. 16

69

Mar. 12
Mar.
9

28

Jan.

Mar.

3

Mar. 30

38

Mar.

4

62% Mar. 31
11 % Mar. 29

64

Mar. 29

20

Mar.

1

16% Mar.
5% Mar.

1

9

7

2% Jan.

9% Mar. 31
24

9

Mar. 31

3% Mar. 30

3

11% Mar. 29

10

Jan.

10

Mar. 12

28

Mar. 30

62% Mar. 31
11% Mar. 29

t Companies reported in receivership.

Jan.

94

31

9% Mar. 31
24

46
69

30
30
31
3

Mar. 31

3

25
25

Mar.

9

15% Jan.

21

93

11

Jan.

18% Jan.
43% Jan.

10
12

75

26

Jan.

22% Jan. 10
17% Jan. 12
5% Mar. 7

U Called 'or redemption

I

New York Curb

Exchange

MONTHLY AND YEARLY RECORD

March.....

4,629,762
11,623,061

Jan. 1 to March 31

:

NOTICE—Deferred delivery, under the rule and cash
and when selling outside of the regular monthly range are

computing the

AGGREGATE
•

In

Shares
200
400

7,600
950
x

5,900
3,900
2,700
300

2,800
175
260
597

March.....

13,040,000
47,913,631

Jan. 1 to March 31

RANGE SINCE JAN.

PRICES IN MARCH

Par

Ask

Bid

28

2b

c

iei* "19 5*

20

28

24

22

Sale

6

5*
15*
145*
48
63

if

2
Sale

Sale

525*

Sale

Sale

15

Sale

75*
5i
15*
125*
5*
465*
505*

Sale

25*

25*
1

15*

Mar. 28

1

Sale

115*
5*
405*
505*
445*

125*
%
395*
Sale

2 5*

Mar. 28

55* Mar. 31
5* Mar. 28

Sale

15*

25*

23

Sale

Sale

Sale

52

145* Mar. 29
25* Mar. 30

Sale

Sale

Mar. 31

20

205*

35*
315*
85*
5*
15*
175*
5*6

Mar. 29
Mar. 15
Mar. 18
Mar. 31
Mar. 29

2

Mar. 30

1

25* Sale
5*
15*

Mar. 30

Sale Prices
28
Mar.
1
15
Mar. 25

35* Mar.

5

Mar. 15

30

75* Mar.
5* Mar.
15* Mar.

2
3
8

Mar. 11

14

5* Mar. 15
465* Mar. 1
6054 Mar. 7
Mar.

53

7

25* Mar. 21
15* Mar. 14

500 Allied Internet Investing...*

1,600
S3 conv preferred*
700 Allied Products Corp com.. 10

11,600
1,000
900

900

25

Class A

35,000 Aluminum Co common
2,700
6% preferred
1,400 Aluminum Goods Mfg
760 Aluminum Industries

550

*

100
*

-----

7

105

130

310 American Book Co.......100

1,000

900

500

200

23",600

73,700

S3 preferred

—...*

$5.50 prior preferred
American Centrifugal

*
Corp.l

Amer Cities Power At Lt

200

1,900
12,600

49",200
2,700
300
27,400
1,225
4,200
2,300
50

400
450
45

21,800
2,932
250

33,7'
3,400

52,400
1,300
4,800
700

3,400
3,100
3,200
230

3,700
11,800
50,300
3,300
90

3,100
12,300

11

15*
Sale

Mar. 30

955* Mar. 4
995* Mar. 10
115* Mar. 2

67

Mar. 28

8

185*

15*

Amer Hard Rubber Co com.50

*

com

20
5,700 Amer Laund Mach com..
25
21,300 Amer Light At Trac com
500
6% preferred
25
.100
1,000 Amer Mfg Co common
100

Sale
Sale

27

Sale

110
4

Sale

25*

%

44M

Mar. 30

1

Mar. 29

50

65* Mar. 31

2

5* Mar. 14
105* Mar. 31

jj,

19

Mar.

2

Mar.

65* Mar.
Mar.

5* Mar.

5*6 Mar. 14

105* Mar.
57

645*
Sale

2

5* Mar.

Mar. 15

15* Mar. 30

"3 5* "Mar "16

5

Jan.
6
Feb. 23
Feb.
7
Jan. 14
Ja,n.

6

Feb.
Jan.

16
7

5^

Mar.

4

995* Mar. 10
125* Jan. 10
15* Jan. 20
52
Feb. 14
105* Jan. 17
3
Feb. 17
5* Jan. 27
235* Jan. 12
£595* Feb. 14
35* Mar. 16

Mar.

44

2

4

95

Mar.

8

Mar. 17

Jan.

545* Jan.

64

1065* Jan. 26
165* Mar. 11
55* Feb. 25

945* Feb.

Mar. 12
854 Mar. 15

Mar. 15

2

105* Sale

4 5i

15

255*
15*
115*
265*

155*

110

45*

26
32
125*

255*

20

24
19

18

125* Sale
225*
26
185*
23
65

73

27

105*

165*
125*
23
20
60

5* Sale

1
*
*

74

78

..........*

13

14

Wupperman
1
Apex Elec Mfg Co common..*
Appalachian Elec Power—
760
$7 preferred
.........*
13,400 tArcturns Radio Tube
1
*
34,200 Arkaneas Nat Gas com
Class A
♦
119,000
—10

230 Arkansas P Ac L 67 pref—..*
5
4,900 Art Metal Works common
26,200 Ashland Oil At Refining Co.l

65*
Sale

35* Sale
15* Sale
45*
35*

Jan.
15* Jan.

Sale

5*

71
6

35*

Sale

65*
4

x27
Ill

Sale

Mar.
25* Mar.
235* Mar.

Sale

25
8

Sale

Ir
8

107

Sale

ilH

23
Sale

10

Sale

20

24

12

215* Mar. 15
145* Mar. 30
Mar. 29

35*

135*

35*
Sale
Sale

35*

35*
Sale

6

Sale

71

Sale

35*

65* Sale
4

Sale

28

23
12

26

Mar.

1
3

25

215* Mar. 15
165* Mar. 15
125* Mar.

Mar.

275* Jan.

26

8

Mar.

Mar.

13

15

215* Mar. 15
14 5* Mar. 30
10

Mar. 29

Jan.

215* Mar. 15
185! Jan.
6
145* Jan. 12

Mar. 29
Mar.
7

225* Mar. 30

20

12

24
23

56

Mar. 29

56

635* Feb. 15

5* Mar. 25
165* Mar. 31

Sale

Mar.

Feb.

LI 15* Feb.
5
Jan.

Mar.

25* Mar.
235* Mar.

Mar. 31
Mar. 29

Sale

2

107

24

56

55* Sale
% Sale
695* Sale
125*
165*
35*
35*

Mar.
Mar.

Jan.
7
265* Jan. 11
35* Jan. 15
275* Jan.
4
265* Feb. 24
15* Jan.
7
125* Feb. 15
28

Mar.
Mar.
Mar.
Jan.
Mar.
Mar.
Mar.
Mar.

225* Mar. 30

Sale

5*

155*
5*
85*
195*

265* Mar.

56

5*
23

Mar.

26

Mar.
Mar.

10

165*
185*
1 5*
275*

45* Mar.

12

Sale

35* Sale
35* Sale
65*
65*

195* Mar.

Sale

25*

245* Mar.
235* Mar.
25* Mar.
26

Sale

995*

10

15* Mar.
£115* Mar.

95*

82

Corp..*

6
1

155* Mar.
5* Mar.
85* Mar.

Sale

12

85*

Amer

Sale

22

85*

8,900
109,400
2,500
9,400
2,600
6,100
5,900
10,200

sH

165* Mar. 31
185* Mar. 29
15* Mar. 26

26

"85* Sale"

Republics Corp com 10

Angostura

175*
Sale

2%

Amer

5

26
335*
125*

5*

5*

Amer Potash At Chem

Fence com....*

1105*
5

%

Sale

22

64,300

Amer Thread preferred

12
Sale

22

'V.oEo

Seal-Kap Corp com
American Superpower
1st preferred.

Sale
15*

15*

Sale
175*
Sale

Sale

235* Sale
25*
25*

245*
275*
105*

1
....*

3

115* Sale

Amer Pneumatic Service....*

Preferred

Mar. 31

96

65* Sale
15*
3

13
3
5

9

67

40% 50*

10

15
86

Mar.:
Mar.

Sale
Sale

a/
„

4

11
20
11
21

Jan.

2

Feb.

125* Mar. :
58
101

100

8

26

"235*

Amer At Foreign Power warr

V 10,100

95*
35*

25*

23

30

Preferred

15*
50

9

2

90

56

Sale

Anchor Post

1

49

"i

67

21

24

58,400 American Maracaibo.
5,832 American Meter Co

995*
Sale

645*
25*

13* Sale

84
Mar. 23 106

155* Mar.
35* Mar.:

19

26

Preferred-

Sale

Mar.;

Jan.
Jan.
Jan.
Jan.

155* Jan.
5* Jan.
495* Jan.

1

5* Feb.
85* Mar.!

165* Mar. 11
45* Mar. 7

59

65

25

Class B

200 Amer Invest of 111

•

1

45*
325*
85*
15*

25*
15*
5*
.105*

Mar.i

155* Mar. 30
35* Mar. 23

57

25*

...L

96

2

155*
Sale

15

75* Sale
3
45*
5*
::
23
235*

1

1,800

88

Sale

Mar. 31
145* Feo.
5
25* Mar. 30
23
Jan.
4
55* Mar. 31
5* Mar. 28
1
Mar. 28
115* Mar. 29
5* Mar. 15
405* Feb.
3
505* Mar. 31
445* Mar. 29

20

Sale Prices
34
Feb. 10
17
Jan. 13

Corp

*
1,800 Amer Fork Ac Hoe Co com
71,000 American Gas At Elec com—•
Preferred
•
4,850
10,600 American General Corp... 10c
$2 preferred
5,550
1
75
$2.50 preferred
1

200

3,700
7,600

95*
J*

40 Amer Cyanamld com cl A.. 10
Common class B n v
10

1,300

173*

Mar.
Mar.
Mar.

15

Mar. 30

58

61

101
16

98

90

Class A with warrants...25

Conv class A

1,625
6,000
21,600
108,700
7,100

165*

Sale

48

1
7,200 Amer Box Board Co com
400 Amer Capital Corp d A..10c
Common class B
10c
1,600

300

585*

12 5* Mar ."31

12 5*. Sale

Sale

Sale Prices

7

"

Sale

35*

3,200

400

9

6

15

Sale

155*

70

450

7,650

"85* Sale' "85* Mar."31 "95* Mar.'30

825*

com.

16,200 Aluminium Ltd
1,350
6% preferred
..100
19,300 American Airlines Inc....10
1,100 Amer Beverage Corp
1

5,900

"£"

10

135* Sale
775* Sale

Highest

Lowest

Highest

Sale Prices

Ask

Ask

Bid

Lowest

Mar. 31

Mar. 1

1938

1,300 Allea Ac Fisher Inc common.*
1,000 Alliance Investment com...*

'"366

1

Jan. 3

1,300 Aero Supply Mfg class A——*
Class B._
20,100
*
3,150 Agfa Ansco Corp com
1
12,100 Alnsworth Mfg Corp com—5
13,800 Air Devices Corp common.. 1
4,100 Air Investors Inc common..*
1,200
Convertible preferred
*
8,300
Warrants
550 Ala Gt Sou RR ordinary
50
930 Ala Power Co 67 pron
...*
16 preferred
1,557
*

""600

162,981,000

Price

NEW YORK
CURB EXCHANGE

Shares
STOCKS
575 Acme Win Govt

200

,

*

SALES
Since

700

1937

$60,493,000

sales, are disregarded in the month's range unless they are the only transactions of the month.
unless they u_
shown in a footnote in the month in which they occur.
No account is taken of such sales in

for the year.

Jan. 1

March

cr

range

1938

$30,247,000
80,390,000

Bond Sales

1937

1938

.....Shares

NEW YORK CURB EXCHANGE

PRICES ON

OF

RANGE
Stock Sales

Sale

23

% Mar.
Mar.

3
3

Mar. 31
Mar. 29
X Mar. 25
165* Mar. 31

Mar. 29
Jan. 17

1

Jan.

12

265* Jan.

12

5*
30

Mar. 30

5

Sale

5

Mar; 30

3 5*

Sale
Sale

3

Mar. 18

33

30

5*

66

59

9

8

35*
15*
3

75*

35*
Sale

35*
Sale
Sale

97

5*
25*
25*
45*

Sale
Sale
Sale
Sale
59
Sale
45*
6
35* Sale

|

5* Mar. 28

315* Mar. 26
85* Mar. 4

55* Mar.
% Mar.

1
2

Mar.

1

Mar. 30

63

85*
35*
15*
35*
75*
97

5*
25*
25*
45*

71

Mar. 26
Mar. 19

145* Mar. 2
35* Mar. 11

5

Mar.

4

Mar. 16

145* Mar.

Mar. 31
Mar. 22
Mar. 31
Mar. 30

995*
5*
35*
35*

Mar. 30
Mar. 31
Mar. 29

59

2

Mar. 23
Mar. 30
Mar. 31

35* Mar. 29

6

1

9

Mar. 12
Mar. 3
Mar.
Mar.
Mar.

5

Feb. 21

36

5

Mar. 30

95* Jan.

3

Mar. 18

75* Jan.
15* Jan.

Mar

5*
63
85*
35*
15*
35*
75*

Mar.
Mar.
Jan
Mar.
Mar.

97

Mar.

.

.

28
30
26
3
23
30

Mar. 31

2

6
3
17

25* Jan.

11

Jan.

6

4
4

14
4

165* Feb. 21

%

14

Feb.

8

Jan.
45* Jan.
7
Jan.
72
Jan.

Mar.
Mar.

5

10

Jan.
Jan.
Feb.

11
12

45?

5* Mar.

59

75
18

1035* Jan.

5* Mar.
25* Mar.

45* Mar.

715* Mar.
65* Mar.
4

Jan.

30

7

4

115* Jan.

27

4

Mar.

3 5* Mar.

Mar. 4
Mar. 14
Mar. 1
Mar. 4
Mar. 10
Mar. 3

85* Mar. 31
5*6 Mar. 22
5* Mar. 18
35* Mar. 30
J32 Jan. 25

8

18

Jan.
Jan.

8

Associated Elec Industries—

900

2,960
39,900
6,000
3,300
1,300

>■)

16
25

13,100
539

9,200'
4.206
7,300
6.000

American deposit rects
£1
1,500
7,400 Assoc Gas Ac Elec com ......1
Class A
.............1
84,700
65 preferred......
—*
12,700
Warrants...
9,900
*
1,600 Assoc Laundries of Amer
Atlanta Birmingham & Coast
RR Co pref............100
10
25 Atlanta Gas Light 6% pref 100
*
20,400 Atlantic Coast Fisheries
1,120 Atlantic Coast Line Co....60
19,800 Atlas Corp warrants
7,620 Atlas Plywood Corp........*
1
23,700 Austin Sliver Mines.
12,500 Automatic Products Corp..5

footnotes

10^ Sale

105*

Sale

15*

Sale

7

■

1054
5*
Sale
8

8 5*

5*
5*
4

Sale
Sale
Sale
Sale

85*
%
5*
3 5*

page 53.




31
22
18
30

132 Mar. 29
5* Mar. 24

......

see

Mar.
Mar.
Mar.
Mar.

73

785*

70

'"35* "45*

4

80

66

75

Mar. 3
Mar. 30

70

25* Mar. 31

4

Mar. 30

27

70
67

28

Sale

% Sale

9H

105*

5* Sale
15* Sale

Sale

265*
1

Sale

1054

115*

% Sale
15*

"25* Sale

16

Sale

15*

""5* Sale"
7

Sale

5ie Sale

105*
5*
15*
75*
l{6
54e

5*
65*
5*
J*

Mar.
Mar.
Mar.
Mar.

21
30
26
26

67

Mar.

3

70
67

1

Mar.

1

11

Mar.

4

Mar.

3

15* Mar.

4

Jan.

8

15* Jan.
SX Jan.

3
11

Jan.
Jan.

5
17

£

5* Mar. 24

Mar. 30
1
Mar.
1

Mar.

1

Mar.
3
Mar. 30

2 5* Mar. 31

16

5*
65*
5*
H

Mar. 30

Mar.
Mar.
Mar.
Mar.

21
30
26

26

I

70

Mar.

67

Mar. 30

1

4

5* Jan.
30
Jan.
15* Jan.
155* Jan.
3* Jan.
25* Jan.

13
11
11
12
12
12

NEW

42
AOaRBOATB

EXCHANGE

CURB

PRICES IN MARCH

SALES

March
Shares

Shares

RANGE SINCE JAN.

1

Price

YOR

NEW

Since
Jan. 1

1 In

YORK

Jan. 3

CURB EXCHANGE

1938

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Mar. 31

Mar. 1

'.'So

Par

7,500 Auto Voting Machine
2,700 Avery (B F) Sons Co

4,400
1,200

7*

STOCKS (Continued)

125

^"~25

25

200

6% preferred
6% preferred

Ask

Bid

7

com.

5

Ask

Ask Bid

8

*4

Sale

6

Sale

6*4
4*4
"

25
25

w w

iw

13

12*4
1*4

Purchase warrants

Sale
4*4
17*4
16

6*4 Mar. 31
4

8*4 Mar. 16
1

Mar. 28

6*4 Mar

28

Mar

13" Mar."30

13" "Mar."30

16
12

28

21

Jan.

Mar. 30

13

Mar. 30

17*4 Feb
13

3

8*4 Mar
8*4 Jan.

31

4

7*4 Mar.

'

13

254 Jan,

1*4 Mar. 26
13*4 Mar 30

20

2*4 Jan.

2*4 Jan

13

Aviation &

760

45,900
2,870

2,475

7,400

2,900

6,410

21,800
6,400

64,900
18,600
7,700

21,800

Transport Corp.
(Formerly Cord Corp)

154 Sale

1*4

93

Sale

65*4

16*4
4*8
7 *4
1*4
2*4
8*4

Sale
Sale
Sale
Sale
Sale

Sale

*

83

30

12

Sale

70

18

4
Mar. 15

20

12
Feb. 17

63*4 Mar. 30

93

Mar.

1

63*4 Mar 30

93

Jan.

11*4 Mar. 30

Sale

Axton Fisher Tob class A..10
Babcock 8c Wilcox Co

1 *4 Mar. 26

13*4 Mar. 30

1*4

16*4
4*s
8*4
15s
2*4
8*4

1
Mar.
1
Mar.
1
Mar.
1
Mar.
3
Mar.
Mar. 29

11*4 Mar 30
2*4 Mar 28
4*4 Mar 28

17
Feb. 21
454 Jan. 15
9*4 Janl 15
1*4 Jan.
8
2*4 Jan.
8

1*4 Mar.

"

11

Baldwin Locomotive—

^$1^?

;

3,900
31,400
>:

%h
W

:

12,600

■

72,900

350

1%

preferred

Purch

warr

1

com

Bardstown Distillery Inc
Barium Stainless Steel

1
1

800 Barlow & Seelig Mfg class A.5

48,000

Bath Iron Works

Baumann

"""So

for com...

Baldwin Rubber Co

""£5

7%

Corp

(L) & Co

1

5

6

14

24

2,600
3,600
3,800

5,700 Beech Aircraft Corp com...l
11,300 Bell Aircraft Corp common.. 1
11,800 Bellanca Aircraft common.. 1

16

310

820 Bell Telep Co of Canada..100
170 Bell Telep of Pa 6 *4 % pf._ 100
400 Benson & Hedges com......*
950
Convertible preferred....*

$1.50

X

■

-

70

V

-

300

&££$

13,000
6,400

-

:

700

•

'

V::
:■■•'

*'i'> £,;."£J>VVV.-}i

■!''•'*

'V":

100

conv

common.

pref

29,700 Berkey & Gay Furn Co
1
Purchase warrants........
16,100
1,500 Blckford's Inc com.........*

250

300

S2.50 Conv pref..

*

3,100

;7;^n

7,500

Birdsboro Steel Fdy

Ac Mach *

75

100 Blauner's common.........*

45,950
1,400

Bliss 8c

8,400

17,000

Blue Ridge Corp com

2,100
7,200

$3 opt conv pref
4,300
19,500 Blumenthal (S) At Co

12,900
875

325
v;

.•X .';:';v ,•••••);.; V.:.'•

■

Bliss (B W) Ac Co common...1

Laughlin Inc

1,300
2,700

1,700

5*4 Sale
12

1*4 Sale
Sale

3*4 Sale
U6*4 117*4

4*2

23

1*4
7*4
4*4

Sale
1*4
Sale
8*4
Sale
Sale

Sale

m Sale
117%

2*4
7

2*4 Mar. 28
4*4 Mar. 30
Mar. 22
Mar. 29

1
1

7*4 Mar. 30
4*4 Mar. 26

6*4 Mar.

Sale

10

11

Sale

ii4*& 116"

Sale

10

9*4

Sale

10

.....26

Bouriols Inc

•

Mar ,28
Mar .31

6

%

7*4. Sale

5*4

Sale"

1*4

37
38
5*4 Sale
2*4
3*4

37

15*4

17*4

15*4

10

10*4
4*4

10

lh

3*4

Sale

7*4

7*4
2*4
17*4

1*4

1
26*4
4*4

10

354 Sale

34
Sale
2

1

10*4

Sale

Sale

Mar
Mar

22
29

754 Mar
4*4 Mar

30
26

10

51

Mar

31

4

Mar

30

63*4 Mar
5
6*4 Jan. 29

1
1

3

Sale

1*4 Mar
8*4 Mar
2*4 Mar

1*4 Mar.
14

Mar.

29 118
12
6

Mar

116

156

2,400
800
900

6,900
4,500
3,800

4,600
1,850
3,300
13,300
8,500
31,700

2d

*

.........100
100

preferred

Brazilian Tr Lt

Breeze

At Pr ord

Corp

Brewster

*

.....1

Aeronautical

16,600 Bridgeport Machine
630

50

200

com

*
*

...

Preferred..

100

900 Bright Star Elec class B

2,800
3,200

6,900
3,900
1,700
1,700

350

1,200
60

60

300

400

Brill

*

Corp class A

...*

Class B

7%

I;

•

preferred..........100

Brillo Mfg Co common
Class A.

'

%

54

"i *2 "2"
12*4 Sale
6*4
Sale

1

25 Bridgeport Ga9 Light Co

25

6,400

Common

7% 1st pref

18

12

Mar
Mar
Mar
Mar
Mar
Mar

16
26

9

Mar.

Mar

26

11

Mar.

4*4 Mar
11
Mar

30

30

20

Mar.
*4 Mar.
9*4 Mar.
30*4 Mar.

30

1
Mar. 18
34*4 Mar. 25
4*4 Mar. 26

1*4 Mar.

3

14*4 Mar
% Mar
Mar

9

J

Mar

30

Mar

jg*

23

33

Sale
3*4
11*4
6

,?a

18

33

22

25

7*4

8*4

Sale

4

3

3*4
30

25

9*4 Sale

Sale

*4
34
3*4 Sale
1*4
2

8*4 Sale

Jan.

Jan.
Jan.
Jan.
Jan.

24
12

1

4*4 Mar
Mar

25

1*4
39*4
9*4
2*4

Mar. 14

10*4 Mar

23

16*4 Jan. 24

11

Mar.

9

10

Mar

11

3*4 Mar.

1

3

Mar

1
31

*4 Mar

23

154 Feb. 25
16*4 Feb. 24

34*4 Mar 25
1

1*4 Mar.

Mar. 26
Mar.
8

16*4 Mar.
2*4 Mar.

2

Jan.

2

14

1

Mar. 31

9

3
3

3
2

*4 Mar. 23

*4 Sale

"1*4 "2*4

1

Feb.

26

7*4 Mar. 30

7

7

7*4 Mar

7
30

4

Mar

29

2*4 Mar

Mar.

11

Jan

1 *4 Jan

Mar

13
17
12
8
9

4*4 Jan. 13

5*4 Sale

Mar. 29

4

Feb.

3

23

"1*4 "> "*4
3h Sale
2*4

2
22
9*4

1*4
20*4

8*2

12

*4

h
Sale

2*4 Mar. 30

1
30

6*4 Sale

*

Mar
Mar.
Mar.
Mar.
Mar.
Mar.
.

25*4 Mar. 22
5 *4 Mar 29

25*4 Mar. 22
10*4 Jan. 10

Mar. 19

81

28

88

Mar

56
2*4
*4
15*4
6*4

Feb
Mar
Mar
Mar
Mar
28*4 Mar

3
26
23
25
31
16

54
4*4
2*4
27*4
854

Jan.
Jan.
Jan.
Jan.
Feb.

26
11
13
10
25
28*4 Mar 16

1854 Mar
2054 Jan

29
19

21

Jan.

22*4 Mar
25*4 Feb

29
18

26*4 Jan. 28

25*4
9*4
88
*4
3*4
1*4
20*4
8*4
28*4

8
26
23
25
31
16

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

3
1
16
11
17
16

19

Mar. 25

56
2*4
*4
15*4
0*4
28*4

Mar. 22
Mar.
1

5*4 Mar.
4h Mar.

25*4 Mar. 22
5*4 Mar. 29
81

30

12*4 Jan.
5
754 Jan. 12
5*4 Jan. 14

3§

4*4 Sale
23

9*4 Sale
85

1*4 Sale
15*4
2*4
10*4
5*4

12

Mar

11

Mar

Mar

12

9

Mar

1

8

12

Jan.
Jan.

30*4 Mar

Mar

Mar

4

Mar

Jan.

20

V.

7*4 Mar.
1*4 Mar.

Mar. 25
Mar.

Mar

37 *4 Mar.

10*4 Mar. 23
10

5*4

1

22

12
3
11
8
119*4 Feb. 10
Mar 15
6

Jan

7*4 Mar.
18*4 Mar.

29
30

Jan.

Bowman BUtmore Hotels—

.Xviifc.v-^V'r.:■■::■■: v-.'":

Jan.

8*4 Jan.

mJan.
Jan.
i4H Jan.

Mar

116

Mar.
Mar.
Mar.

5*4
14*4
%
*4
9*4

1

14*4
10*4

5
1

2*4 Mar ,28
4*4 Mar.
156
Mar ,28 164*4 Mar.

10

612 Sale

§0

6*4 Mar

54 Sale"

"1" Sale"
9*4
30*4
8*4

63*4 Mar.
5*4 Mar.

30

8*4

56 Sale

"8k~ Sale'

Mar.

4

6
20

Sale

2*4

7

""% Sale

Mar. 31

51

Sale

1*4
14*4

iiS

6

1*4 Sale
*
com...*

Borne Scrymser Co

1

S

com

600 Bohack (H C) Co common...*
300
7% 1st preferred.......100

150
600

9*4

4*4

51

10

800 Beaunlt Mills Inc

a

Sale

...100

20

200

6

"2*4 Sale"

*

com

1st preferred.

14*4
3*4 Sale
6*2
7
1*2
1*4
2*2 Sale
7**
10*4
6 y% Sale

Mar. 21

Jan

19

British-American Oil Co.—

400

Coupon stock (bearer)

*

20

*

20

20*4
<?,nu
20*4

20

Registered

20

21*4
21*4

16*4
16*4

26*4
26*4

27*4
27*4

26*4
26*4

27
27

23*4 Sale

1*4

1*4

18
18*4

1854 Mar . 29

British Amer Tobacco, Ltd—

700

3,900
200

Amer

dep rets ord bear. £1

Amer dep rets ord

reg_..£l

23

22*4 Mar. 29

23*4 Mar. 31

26

5

20*4 Jan. 21
27

Feb. 25

British Celanese Ltd—
Am dep rets

ord reg
10s
25 British Col Power class A..*

7,300 tBrown Co 6% pref
8,900 Brown Fence & Wire

2,250
5,200
400

500

1,500
7,400

4,800
17,800

100
650

3,900
700

14,500

100
1

com

Class A preferred..

Brown Forman Distillery...1

2*4

Brown Rubber Co. com.....*

3

500 Bruce (E L) Co

5

700 Burco Inc

100

common
...*
600 Burma Corp. Amer dep rets

2,600

11,300 Burry Biscuit Corp—_12*4c

300

1,000

Cable Elec Prod
Cables &

400

2,400

400

500

17,000

34,100

400

51,300

400

non-voting

Canadian

35,600
3,600

3,700

80,200
7,000
6,100

50

13,500

1*4
2*4
2

1

Carib Syndicate coo
conv

Class B

25c

A stk.

.........._*

Sale

2*4
9

3

254
4

Sale

9
37 H

22

22*4

Sale
10

39
Sale

Sale

1*4
3
Sale

13*4
1*4
2*4
254

Sate
2*4
3

4*4

5*4

2*4

6*4

1*4
2*4

2
Sale
7

6
32

15*4 Mar. 18
5*4 Mar. 31

26*4 Mar.

Mar. 14

18*4 Mar.

2

1*4 Mar. 28

2*4 Mar.
4*4 Mar.

4
1

8

2*4 Mar. 30
8

33

Mar. 18

Sale

90

10*4

Sale

10

1

Sale

2*4

2*4
Sale

2

54«

Mar. 31

Mar. 30
54 Mar. 30
2*4 Mar. 29

14

5fc Mar.

19

21

22

4

1*1 Sale
10*4 Sale
1*4 Sale
14*4
3*4
19

21
3*4
20*4

1*4 Sale

22

23*4
4
354
4
3*4
1*4 Sale
9*4
10*4
1*4 Sale

Carrier Corp common...

*

Carter (J W) Co common..!.1
Products
*

Casco

Catalin Corp of Amer....

__1

28*4 Sale
6*4 Sale
11

Sale

17

23

2*4

2*4

18

2*4 Mar.

9

22

1

Sale

7*4

Sale

% Mar. 29
7*4 Mar. 31
*| Mar. 29

Vs Sale

18

10*4

25

22

10

Mar

14

22

Jan.

8

18

3*4 Jan. 13
4*4 Feb. 23

1*4 Mar
2*4 Mar

9

90
10

Mar

4,100

300

600

4,800

6,900

725
510

100

70

7% 1st partlc pref..... 100
Corp com..... .15
*
1st preferred

4*4

Celluloid

*4 Mar.

3*4

% Sale
65*4 Sale

18*4Saie"
4*4
7
2

5
10
16*4
Sale

$7 div preferred
Cent Hudson G & E

*
*

com

Sale

4*4
4*4
63*4 Sale
22*4 Sale
12 % Sale

Mar. 17

2

8

23

Mar.

3*4
3*4
1*4
10*4
1*1

Mar. 7
Mar. 12
Mar.
1
Mar. 3
Mar. 2

3*4 Jan.

Mar

3*1

% Jan

10*4

13

1,090 Cent N Y Pow 5% pref
6,500 Cent Ohio Steel Prod

2,500
225

100
1

700 Cent Pow 8c Lt 7% pref—100

89

89*4
6*4 Sale

78

80

85

Sale

7*4

8*4

76*4

79*4

15

Sale

11

% Mar

15

5

Jan.

12

20
19

Jan

31

6
18

22

Jan.

25

Mar

23

Feb.

23

2*4 Mar

18

2

17

4*4 Jan.
8
3*1 Jan. 26
1 *4 Jan.
4
10*4 Jan. f3
1*1 Jan. 10

Mar

% Mar 29
7*4 Mar 31
*4 Jan
27
Feb

11

•#>

15,700
24,400
270
850

22,400
63,800
1,070
3,175

""§25

425

150

4,800

Common

Central

50c

States

Elec com.—1

7% preferred

100

6% pref without

warr.. 100
Conv prefer red.....
.100
Conv pref opt ser 1929..100

10,900 Centrifugal Pipe Corp

*

154
2*4
*4 Sale
13

Sale

5*4 Sale
6*4
12*4
4*4
8*4
3*4 Sale

154

%

12*4
5*4
7
5

3*4

1*4

*4
14
6*4
9*4
7*4
Sale

15
Feb. 11
3*4 Jan.
4
21*4 Mar 11
154 Jan. 10
85
Jan. 18

Mar. 29

78

18*4
4*4
6*4
19*4

Mar.
Mar.
Mar.
Mar.

29*4 Mar. 2
5*4 Mar. 7
10*4 Mar. 5
19*4 Mar. 25
2*4 Mar. 1

18*4
45s
6*4
19*4

70
Mar.
4*4 Mar.

1

63*4 Mar 28

Mar. 22

2

22

66

3
61

Mar

Mar.

Mar

24

69

14

31
26
29
25

Mar. 29

2

61
14

Sale

76

5*4
64

Sale

Sale
Sale

Mar. 23

3*4 Feb
18

11

Mar

30

54 Mar

65*4 Mar

23
31

60

Mar

29

80

Mar
Mar

31
26

32

1*4 Sale
*6 Sale

1

6
3

3*4
4

3

,4*4
10
Sale

2

Mar. 10

Jan.

4

29

Jan. 10
6*4 Jan.
3
15*4 Jan. 21

Mar

25

25

Mar

29

Mar

2

Jan.

8

3*4 Jan. 17
82

Jan.

14

4*4 Feb. 26
Jan.

12

Mar. 26

?§*
64^

6

Sale

15
12

12

15

3

Gent Ac Southwest Utll—

■J:

Jan.

Jan

3*4 Mar. 23 ""§ *4 Mar.'23
Mar. 30
21*4 Mar. 11
*4 Mar. 23
1*4 Mar.
1
65*4 Mar. 31 75*4 Mar. 2
18

635§ Mar. 28

140 Cent Maine Pow 7% pref..100

440

5
4

Mar

§

16
Sale

„

.......

3

18
Jan. 10
1 *4 Mar.
5

Celanese Corp of Amer—

125
800
370

28

Jan.

22*4 Mar
100*4 Jan.

Mar

Feb.

39

7*4 Feb
34*4 Mar
18*4 Mar

60

2

14

2*4 Sale

25

Jan.

8

Jan

'

22

Sale
5*4
11*4

Jan.

31

3
14

*4, Mar. 15

Mar. 18

2*4 Mar. 18

20

5

19

Sale
Sale

13*4

2854

33

18

Jan
Mar

5

5

2*4
2*4

21
4*4

1*4 Sale

2

1^1!*

13*4
3*4

67" Sale"

*

Mar.

25

15*4 Mar

1*4 Mar. 5
2*4 Mar. 29

1*4 Mar. 30

*4

Mar. 18

37*4 Mar. 10
22*4 Mar.
5
98*4 Mar. 10

Mar. 31

Sale

2

Mar. 14

8

34*4 Mar. 30

18*4

*4

22

...*
.....

150 Castle (A M) & Co....... ..10

26,400

Sale

Sale

7

*4

._...._*

Marconi Co

400 Carolina P Ac L $7 pref
120
$6 preferred

50

_

Sale

4*4

2,000 Carnation Co common.....*
20,500 Carnegie Metals Co com.—1

150

54

90
14

£1

500 Capital City Products..—.*

200

9,500

21*4

Can Indus Alcohol cl A
B

1*4
27

Wireless-

dep rets pref sh

100 Carman 8c Co
900

6*4
39

900 Calamba Sugar Estate Co.20
525 Canadian Car & Fdy oref..25

275

1,000

14,300

Am

Sale

*

t c

v

%
26

18

5

.._.*

1,900 Buckeye Pipe Line
50
8,400 Buff Niag & East Pow pref.25
$5 1st preferred
♦
2,300
41,900 Bunker Hill & Sullivan._2.50

700

22" "25"

22*4 Mar.

Mar

26

Mar. 31
Mar. 29

12*4 Mar. 11

10*4 Mar

31

23*4 Feb. 26
1254 Mar 11

79

Mar.

9

72*4 Mar

29

84

Mar. 31

85*4 Mar.

9

76

Mar

31

90

5*4 Mar
64
Mar

31

8*4 Jan. 12
77*4 Jan. 24

Mar. 31
Mar. 31

Mar. 26

% Mar. 30
Mar. 31

7

77

1

Mar. 15

Mar.

4

1*4. Mar.
56 Mar.
12*4 Mar.
6
Mar.

3
2
3
3

1

Mar

31
26

*4# Mar 30

Feb.
Jan.

3
7

2*4 Jan.
8
*4 Jan. 12

3

Mar. 29

5

Mar. 11

3*4 Sale

3*4 Mar. 26

5*4 Sale

5*4 Mar. 26

Mar.

5

5

5

Mar.

7

3*4 Mar. 10

Mar

31

Jan.

14

3

Mar

26

6*4 Jan.

9

Mar. 26

6

Jan

21

9

12
21

15

Jan.

Mar

29

7*4 Feb. 21

3*4 Mar

26

4

5*4 Mar

26

Mar

31

3

-

Jan.

5

Chamberlin Metal Weather

1,100
700

For footnotes




2,100
1,100

Strip Co

...5

Charts Corp com......
.10
150 Cherry-Burrell Corp com...5

see page

53.

Sale

Sale

Mar. 31

5

2054 Jan

26

8*4 Jan, 18
7*4 Feb. 21
21
Jan. 13

AGGREGATE

NEW
Since

March

Shares

252,600
5,900

Chesebrough Mfg.

21,700
2,400

40

160

700

3,150
4,525
22,000
1,100
2,400
62,600
400

1,250
7,600
500

1,000
12,900

,

*400
1.200

..if

40

Chicago Rivet & Machine...4

100

102
Sale
Sale

100

Chicago Flexible Shaft Co..5

9

Chief Conaol Mining Co

1
100

Childa Co preferred

Prefer rod

00^
28

*

2

Sale

37
3
30

Sale

33

Sale

32

39

Preferred BB_.
Cities Serv Pr & Lt $4 pref..*
*7 preferred....

Clark Controller Co
Claude Neon Lights

-.1
..1

com.

106
57

7*

4K

Sale
Sale
Sale
K
Kb
20 K Sale

$
38

1

Sale

IK
15 K

30

Sale

Sale

23

IK Sale
Sale
%
2K

2

38

Ask

5K

34

4

•

City Auto Stamping Co..
•
City & Suburban Homes...10

Ask Bid
99 K
110
49 K
Sale

Bid

36 K

31

......

common

.....

Preferred B.

34
61K Sale
66
Sale
5 K Sale

2K
24

30

50

30

45
Sale

4

"16 K "26"
IK

Sale

18

IP

"15" ~15~K

19
2

IK Sale

30K
4K
3K
IK

30K
Sale
3%
IK

34

32

35K Sale
5K
6
2K
3K
IK
IK

Highest

Lowest

Sale Prices

Sale Prices

Mar. 30 110

97

46K Mar. 26
5K Mar. 30
K Mar. 29
20K Mar. 31

2K

Mar. 23

IK Mar.

Mar. 30
Mar. 11

30

42K Mar. 19

68

Mar. 24

4

Mar. 26

1

Mar. 30

*

7

700 Cohn & Rosenberger com..*

6

Mar. 18
Mar. 26

19,000
1,800
9,300
3,000

35.900 Colon Development Co Ltd..
7,300
6% convertible preferred£l
20,700 Colorado Fuel & Iron warr...

375
35,600

1,100
5% Conv preferred
71,300 Columbia Oil & Gas com

7,300

52,300

114,500

200

Club Aluminum Utensil com *

Colt's Patent Flie Arms Mfg25
Columbia Gas 9c Elec Corp—

1,000
700

Sale
Sale
Sale

66

Sale

[

Sale

3K

IK

Sale

3 k
3K

3%
4K
5K Sale

45

60

58

1

K
6/6

K
K

Sale
K

"2K Sale"

Sale

4

V t t ext to 1946
3,500
7,700 Consolidated Biscuit Co
1
174,700 Consol Copper Mines.......5
8,900 Con Gas E L A P Bait com. •

180

550
5% preferred A
7,900 Consol Gas Utll com

1,900
1,100

5,050 Consol Mln

K

K

12 K

13 K
Sale
Sale

14 K

7,400 Cons Retail Stores Inc com 1
310
8% preferred
....100
2,800 Consol Royalty OH
10

3,900
10

1,100
11,900

26.400 Consol Steel Corp common. *
675 Cont'l G A E 7% pr pref
100
.

250
300

800 Continental Oil of Mexico..1
12,400 Cont Roll & Steel Fdy com
•

3,200
200

500 Continental Secur

600

90

7,500

common

64

<

K

200

100

Sale

3

81K

60 K

3K
82 K

70

80

75

Sale8
80

K

K

a

74 K
K

IK

Sale
K
7K

9K

*

Sale

2K
60

Sale

Oourtaulda Ltd

K Mar. 1
Kb Mar. 17
Mar. 29

18K Mar. 30
Kb Mar. 14
Mar. 30

11

Sale
Sale
Sale

IK

Mar. 25
Mar. 31

IK Mar. 30
Mar. 30

65*
K
4K

70~
Sale
Sale

Sale

"OK "7K

9K

Mar. 23

72

K Mar. 24
4 K Mar. 23
8
3 K Mar.

J*

22

IK

70

2
13 K

11

Mar. 25
Mar. 30

4K Sale

Sale

4K Sale

6K

6

4K Mar. 28

IK

1

Sale

6

5

UK

10

65
Sale

50

70

62

Mar. 29

4K Mar. 29

55

Mar. 29
Mar. 25

1

5 K Mar. 29

Mar. 18

1

Jan.

3

234 Mar. 26

Mar.
1
Mar. 4
Mar. 26
Mar. 3

3034 Feb.
8
334 Mar. 29
234 Mar. 26
1

Mar. 30
Mar. 18
Jan.
7

Mar. 18

7

6K Mar. 26

6

3 K Mar.
1
3 k Mar. 17

334 Mar. 26

59

2

Mar. 15

55K Mar.
Mar.

1
1

Kb Mar.
K Mar.
24K Mar.

4
2
4

4

Feb. 23

Jan.

18

234 Jan.

24

20

Mar. 11

4

3534
634
334
134

Mar.
1
Feb. 23
Jan. 10
Jan.
8

10

Jan.

8

634 Jan.

29

Jan.

10
2

134 Mar. 30

Mar. 30

48

Mar. 30

60

234 Mar. 30
34 Jan.
34 Feb.
16

3

Mar. 31

Mar.

4

1

9K Mar. 2
543^ Mar. 14

7K
10k
5K
1934

55

Mar. 29
Mar.
1

2

10 K Mar.

4

34 Jan.
34 Jan.

13
18
18

28

Jan.

2234 Mar.

7

7
14

Mar. 30

Feb.

20

334 Jan.
3
334 Mar. 30

Feb.

17

Jan.

12
17
19

11

Mar. 5
Mar. 2
Mar.
1
Mar. 24
Mar. 11

4

Jan.

14 K Mar.

1K
4K
74K
K
OK

Jan.
4K Jan.

3
1

Mar. 29

12

Feb. 23

61

1834 Mar. 30
Kb Mar. 14

3K Mar.

Feb.

734 Jan.

45

22K Mar. 7
K Mar. 15

75

3

6
Jan. 17
334 Feb. 23

3 34 Mar. 28

5K Mar.

7 y

Mar.
1
Mar.
8
Mar. 18
19
Mar. 22
15
17
18
Mar. 2
20K
Name chan ged to Avia tion & Transp ortation Corp.
2
Sale
2K Mar.
5
IK Mar. 29
2K
2K
7k

16

Mar. 11

1
4K Mar. 9
5 K Mar.
1
63 K Mar. 10
114K Mar. 2 114 K Mar. 2
K Mar. 18
% Mar. 3
Mar.
4
48K 50K Mar. 29 61

Sale

Jan.

2

12
10
24

72

Mar. 24

2J4 Mar. 18

3 K Mar 29
3 K Mar. 30
55
Mar. 31

14

.......

....

K Mar. 30

4M

6K
4

Sale

.

Mar. 30

2

Sale

75

IK

4 K

Sale

6K

2K

oVA

IK
3K

46K

62

6H

100

Sale

57

54

4K
19

....

1.200

3 K
55

$4 preferred..............*

.

31,300

3 K

Sale

63

68

6,600 Copper Range Co...
1,000 Copperweld Steel com.....10
Cord Corp
7.200 Gorroon & Reynolds.... ...I
S6 Conv pref A.
600
...1
53,800 Cosden Petroleum com
5% preferred............50
3,600

2,800

Sale

5K

Sale

19,600 Cooper Bessemer Corp com.. *
$3 prior preferred....
600
._*

400

2,000

~

Sale

11

Sale

4

"9" ~l6"

900 Cook Paint & Yarnlsh Co..

90

3K
4K

K

K

K

KB

1
5

3 k Mar. 26
Mar. 30
45

16
Sale

19

100

& Smelt Ltd

3K Mar. 28

K Sale
Kb
K

Sale
%

Compp Shoe Machlnerv—
1,700
2,200
68,400
3,300

Sale
Sale
Sale
Sale

48

55H S&le

100

Commonwealth & Sou Corp—
Warrants

1,100 Commonwealths Dlstrlbut..l
2,175 Community P & L 1st pref..*
Community Public Service—
Common
3,200
...........25
3,600 Community Water Serv .....1

425

2K
3 K
5

Sale

1

Feb.

8

4

35K
5K
2K
IK

39

25

3

5K Mar.
3K Mar.
Mar. 18

%Jan.

Feb.

Mar. 30

26
29

IK Mar., 3

Feb.

934 Jan.

Feb.

20

4

57

4034 Feb. 23
334 Jan.
8
3234 Feb. 23
67
Feb. 23

Mar.
Mar.
Mar.

63

16

2K Mar. 26

Mar. 23
Mar. 28

Mar. 18

3 K Mar. 29

1

2134 Mar. 30
2

IK Mar. 31
2K Mar. 26

16

750 Cockshutt Plow Co Ltd

10,900

Jan.
3
534 Mar. 30
34 Mar. 29
2034 Mar. 31

2K Mar.

20
57

Sale Prices
Mar. 30 110
Mar.
7

40

34 K Mar.

Mar. 28

1

100

I

97

Mar.
Mar.

8K Mar.
K Mar.
37 K Mar.

2

200

6,000

57

21K Mar. 30

32

Sale

Z\

Highest

Lowest
Sale Prices

2K Mar. 18

Clayton & Lambert Mfg Co.*

2,650 Cleveland BlecIlium com...*
•
9,800 Cleveland Tractor com.l
700 Clinchfleld Coal com
...100

2.500

Ask

Bid

Mar. 31

Mar. 1

1938

414,400 Cities Service

900

Jan. 3

Par

STOCKS (Continued)

1,100
8,750
3,800
5,100
6,225

4,000
1,800
1,300
2,175

EXCHANGE

CURB

1

Price

YORK

Jan. 1

Shares
050

RANGE SINCE JAN.

PRICES IN MARCH

SALES

In

43

EXCHANGE

CURB

YORK

NEW

April, 1938]

1

Mar. 31

Jan.

11334 Jan. 17
K Mar. 18
5034 Mar. 29

Jan.

5

6434 Jan.

16

334
8134
134
534

Jan.
Jan.
Jan.
Jan.

15

80

Jan.

55

234 Mar. 25
75

Mar. 31

134 Mar. 30
234 Mar. 30
72

Mar. 23

34
434
3 34
OK
53

Mar. 24
Mar. 23
Mar.
8
Mar. 25
Mar. 30

434 Mar. 28
14

Mar. 29

4

34 Mar. 29
19
Mar. 22
134 Mar. 29
55

Mar. 29
Mar. 25

1

534 Mar. 29

Jan.

4

7
12

20
8
10
Feb.
2

34 J an.
834 Jan.
4

934 Jan. 12
5434 Mar. 14

934
1734
734
2234

Jan. 17
Feb. 18
Jan. 10
Jan. 13

334 Jan.

12

J an•

11

234 Jan.
1334 Jan.

10
10

Jan.

12

72

£»

12

Am dep rets for ord stk re<«

Jan.

12

12

Cramp (Wm) 8c Sons Ship &
300

Engine Bldg Corp
1,600
100
79,600 Creole Petroleum com
5
16,700 Crocker Wheeler R!lec Mfg..*
28,600 Croft (The) Brewing Co
2,300 Crowley Mtlner 8c Co com...*
7,500 Crown Cent Petrol (Md)_..

24,800
7,600
15,300

....

100

5,700
1,400
9,500

2.100 Crown Cork Internet cl A.

19,600

150

225

Crown

Drug

25c

common

Preferred..

K
23 K
6K
%
3K
4 K
9K
1K

450

mm

6% preferred

1,800 Cuban Tobacco

700
/■

100
—

^

—

■:

200

950

1,500

50

700

2,400
1,300
20,200
3,600
6,400
12,900

600

7,200
1,100
2,600
4,000
125

16

1

6

9]
71

2
3
7

Mar. 23

IK Sale

1

Mar. 26
Mar. 16

16

•8K Mar. 30

Mar. 16

3

4

26K

2K

3K
27

25

35

2 K Mar. 30
20K Mar. 28

2 k Mar. 10
Mar. 26

27

Mar. 17 106

Mar. 17

12 K

7K
12 K

nSK
20

10 K
21K

OK Sale
9K
14
5 K Sale
18 K
10K
3 k
4

8
15K
Sale
Sale

7

Sale

6

Kb Mar.

5K Mar. 31
12 K Mar. 24
5K Mar. 31

7 k Mar. 16
1354 Mar. 3

20

Kb Mar.
3

Mar. 25

J

1034 Mar.
21K Mar.

1

Mar.

1

1

5*

Jan.

Mar.
16
Mar.
34 Jan.

ii*
134
1034
334
2934

Jan.

234 Mar.
2634 Mar.
Jan.

106

934 Feb.
Kb Jan.

10

if*
if*

12

1034 Feb. 21

1

102

Jan.

5

334 Mar.
834 Mar.

Jan.
Feb.
Feb.

12
15
26

Jan.

28

Jan.

7
26
Mar. 17
Feb.
8

Jan.

34 Jan.

Mar. 31
Jan.

28
Mar. 31

3

0
834 Jan.
1334 Mar.
3
1034 Jan. 21
Feb.

22

23

Sale

Sale

3K

....

...

Detroit Gasket 9c Mfg Co...l
6% preferred w w
...20
1

1
Detroit Paper Products..... 1
Steel Products

Detroit

5,925

Mar. 14
Mar. 25

30
3

Mar.

1

Jan.
334 Mar.
25
Mar.
2
Mar.

54

Mar.

4

4534 Mar. 29

58

OK Mar. 3i
10K Mar. 25
IK Mar. 29

634 Mar. 31
1034 Mar. 25
134 Mar. 29

14

Jan.

10
8

2

Jan.

12

334 Jan.
834 Jan.

12

14 K Mar. 30
3
Mar. 29

8K Mar. 10
8
134 Mar.
1
334 Mar. 11
334 Mar.
i
2034 Mar. 16
1534 Mar. 23
434 Mar. 19

22?^ Mar. 23
2K Mar. 30
9K Mar. 17
9K Mar. 30

2434
3 34
1034
1334

3K Mar. 25
25

100

Detroit Gray Iron Fdry com
Detroit Mich Stove Co..

Kb Mar.

Kb Sale

■

Kb Sale

134 Feb. 14
2734 Jan. 12
834 Jan. 11
Jan. 10
Jan. 15

34 Mar.
1734 Mar.
334 Mar.

45K Mar. 29

common..

325 Diamond Shoe Corp com....
Distilled Liquors Corp...
5

5,725

4K
32

Sale

7

Hosiery........

30 Dennison Mfg 7% pref
13,700 Derby Oil 8c Ref com
$4 cum preferred
250

6,300

3

Mar.
Mar.
Mar.

4K Mar.
1
1034 Mar. 11
ik Mar.
5

105

5

Class A

2,900 Dejays Stores Inc

20

11

10

Kb Sale

35

700 llavenoort

Mar. 23

3 K Mar. 18

Mar. 12

5
50c

10,000 Dayton Rubber Mfg

350

31

k
2534
6K
K

7
3 K

26 K

8,900 Darby Petrol Corp

2,600

26
31
28

..10
com v t c..."

178,100 Cusl Mexicana Mining

2,700

3

Mar.
Mar.
Mar.
Mar.

16

300 Cuneo Press com
.....1.
6)4% preferred.....
350
100
200 Curtis Mfg Co .Mo)

—

95,800

K
17K
3 K
Kb

Sale

'

200

k
k
17 k Sale
4 k Sale
Kb Sale
3
3 k
3 k Sale
7 k
8k
ik Sale

1
Sale
6k
6k
K
Kb
3 K
3K
4 K Sale

K
25^

25

....

1,700 Crystal Oil Ref Corp com...*

m m, — *"- «•

K
Sale
Sale
Ke
3K
4JHs
11
Sale

8
13 K

IK
2K
2K
15 K

9K
14
IK
Sale
Sale
Sale
9K

9

8k

ok Sale
8k
10k
ik Sale

10
Sale
Sale
2 K
3
3 K Sale
21
22 K
12 k
ik

Sale

2

ik Sale
15

14

2

13 k
3

9k

9

2

Sale

Mar. 26

1K Mar. 30
Mar. 30

6

Mar. 19

13 34 Mar.

2

12
25
14
25

Mar. 26

134 Mar. 30

734 Jan.

17

Jan.

28

334 Jan.

7
17

40

Feb.

934 Jan.

11

Mar. 30
Feb.
3
Mar. 29

22

2234
234
934
934
67

Mar.
Mar.
Mar.
Mar.
Jan.

23
30
17
30

2434 Feb. 28
334 Jan. 18

14

67

Mar. 17
Mar. 31

63

14
14

3

Feb. 23

Jan.

16
9

!

18

Jan.

8

Distillers Co Ltd—

200

400

1.400

3

3K

800 Dobeckmun Co common....1
<

10

Dominion Steel & Coal B..25

15

12 K
Sale

4,100

20 Dominion Textile Co
Douglas

75
190
800
50

5.800
800
100

24K

£1

6,800 Divco-Twln Truck Co com.-l

400

2,700

Am dep rets ord reg

25,150

com

10K
14

14 k

3

L) Shoe Co—
7% preferred...........100

15 K

16 K

14""

18"

17

Driver Harris Co common..10

50

Mar.

Mar.
Mar.

7
2
8
3

1
100

"18" "26"
108

"in '"Ik
64

Sale

Sale

8,000 Duro-Test Corp common... 1
8,600 Duval Texas Sulphur
...*

OK

Sale

7K

Sale

23,800
4,500
2,100

10
78,500 Eagle Plcher Lead Co
9,700 Eastern Gas 8c Fuel Assoc..*
6% preferred..........100
4,750
4H% prior preferred
100
1,975
1,025 Eastern Malleable Iron Co.25

8%
2 K

Sale
Sale

11

Sale

28

27

49

50 K

12 K

K
OK
8K

2K
49

8

K

I"
52

2

Sale
59

K
K
4 K Sale
OK
7K

OK
9K
Sale

:

7K Sale
2

Sale

29 K
50

20 K
43 K

Sale
Sale

10 K

6K

Sale

3K

Mar. 14

12

58

Mar. 14

47

17

Mar. 11

13

Jan.

24

1534 Jan.

4
14

Jan.

17

Feb. 21
22

1134 Mar. 28

47

15

108

Sale

3,900
2,500

IK

UK

Sale

2

61

Mar. 17
Mar. 31

11K Mar. 28

12

"47" Sale"

7% preferred...........100

8,800 Dublller Cond Corp com
.«
2,800 Duke Power Co




9k

19

280 Draper Corp...............*

1,800

n

10

Mar.

(W

K

325

7
9k

22K
2k

*

300 Durham Hosiery cl B com...*

625

22K
2k

25K
3k
11K

Mar.

4

1

Mar.

1

54

Mar.

1

1 110
Mar.
2
Mar. 26
Mar. 29 61
K
K Mar. 23
3 K Mar. 30
634

73^ Mar. 29
7

Mar.

Mar. 29

2

Mar. 23
2
Mar.
8
934 Mar.
1

108
1

Mar.

Mar.
1 Mar.
34 Jan.
334 Mar.
734 Mar.

54

7

Jan.

2034 Jan. 15
1 110
Mar. 4

26

2

29

65

27
30
29

Mar. 29
Mar. 29

Feb. 28
Jan.
3

34 Mar. 23
634 Jan.
7
934 Feb.
1

1334 Jan. 12

Mar. 29

2

29

Mar.
Mar.

2

20K Mar. 31

3

2034 Mar. 31

31

Mar. 29

50

Mar.

2

43

Mar. 29

51

Jan.

11
13
10

OK Mar. 31

8

634 Mar. 31

11

Jan.

12

43

Mar. 18

2

3 34 Jan.
Jan.

NEW

YORK

EXCHANGE

CURB

RANGE SINCE JAN.

PRICES IN MARCH
NEW YORK*
CURB EXCHANGE
II.

1:
11;

STOCKS (Continued)
Par
Sastern States Corp com.
*

it:
XS:
29,

"k

Ask

Edisoo Bros Stores
Elsler Electric

'"1% "I"
12

Sale
2K Sale
13
Sale
10 K Sale
Sale

1

„

Electric Bond Ac Share......5

56

.1

Electric Pow & Lt 2d

50
Sale

3K
3K

1

Class A

Sale

47 K

*

3M
Sale

*

29

*

pf A

3K
3K
IK Sale
70
73

Option warrants...

I:

" ~l3jK

IK
IK
7K Sale

1

$6 preferred
$5 preferred
Electric Power Associates

4K Sale
Sale
Sale
Sale

42 K
36
2K

Sale

2

15 K

Sale
2K
2K
IK Sale

Btectrographic Corp

t
2
1

4
62

11

9

Electrol Inc

1

com

1

v t c

38

Evans Wallower Lead

st

7% preferred
Ex-Cell-O Corp

1§:

Fatrchlld Aviation com...

1

Falstaf f Brewing

8,

12,

Flat Amer dep rets
Fldelio Brewery
..........1

I:

37:

it:
1,

24,

Fanny Farmer Candy

com

Fire Assoc of Phila

10

27"
30

8

10

31

28

Sale

10

3K
6K
20
5

6K

(Peter) Brewing Co.—5
Franklin Rayon Corp com
1

Sale Prices

K Mar. 30
Mar. 29
Mar. 30
2K Mar. 31

13

Mar. 17

13

10K Mar. 31
K Mar. 30

IK Mar. 5
20K Mar. 5
19 K Mar. 7
3K Mar. 15
Mar. 17

13

12K Mar.
IK Mar.

3K
7
21
a
5%

7K

48

iOK TlK
Sale
11K Sale
26 K
30
K

12

10

IK Sale
28

40

28

32 K
35 K
36
35

25
25 K
24
19 K

Sale

6K

Sale

8M

Sale
Sale

26 K

19

9K
Sale

2K
7K
20 K
4K
6K

3K
7K
20 K
5
7

I^Jan.
Jan.
26i

Mar. 30

2

2k Mar. 31
Jan.

13

26

Jan.

4*
14

20K
6

~2U4

17K
% Sale

54

55

Sale
Sale

Sale
15K
16

5K

5H

2

2 y2

6K
3 K

9

4K

21

Sale

Feb.

1

Jan.

16K

&

K

58
Sale

7

8

Mar.

10

jkan.

Mar.
Mar.

42

Mar. 30

58

JaS,

12
4

36

55K Jan.

14

Mar.

2

Mar. 30
Mar. 30

4

Jan.

Mar.
Mar.

2

Mar. 29

4

Jan.

35

Jan.

Mar. 29

2

15K Mar. 31
2K Mar. 29
IK Mar. 31

15k
2k
IK
68

Mar.

2

Mar.

Mar. 23

70

Mar.

Mar.

Mar.
Mar.

5K Mar. 8
10K Mar. 29

68

1

1 % Mar.
c22K Mar.

19K Mar.
50 K Mar.
35K Mar.

52
45

Mar.
Mar.

Jan.

Mar
4
Feb. 19
Feb. 21
Feb. 19

32

20K Mar. 26
10K Mar. 2
K Mar. 1
11K Mar. 1
26
Mar. 15

Mar. 30

4

4K Mar. 30

14

52

Jan.

28
28

6K Mar. 28
16K Mar. 31

5

Jan.

6

50

Mar.
Mar.

Mar. 26

15

27
Jan. 26
Jan. 27
Feb. 28

28

43

Mar. 30

Jan.

13

44

2

Jan.

2,

75*2 Jan.

24

46K Mar.

8

5

13
13
14
11

Mar. 30
Jan. 26

1

Mar.

Sale

11

10

Mar.

8K

31

„

19k Mar. 11
31k Jan. 10

9

28

Mar. 31

31
29

Mar. 17

41K Mar.
19 K Mar.
6K Mar.
K Mar.
7K Mar.
22K Mar.

% Mar.
,
K Mar. 11

Mar.
Mar.
Mar.
Feb.

4

33

4

% Mar. 17
h Mar. 2
2
12K Mar. 2

7K Mar.

3K Mar. 4
8K Mar. 4
18 k Mar. 16
; 5K Mar. 16
6K Mar. 3

19k Mar.
6k Mar.
k Mar.
7k Mar.
22k Mar.

31
31
31
25
30

Mar.

7

52
48

15"'Mar.'29

21K"Mar."

4
14K Mar. 10
H Mar. 9
55k Mar. 2

49K Feb. 21
22
Feb. 16
10 K Feb. 25
% Jan. 11
13
Jan. 15
31
Jan.
8

~ Mar. 31

8

Mar. 30

2

Mar.

6K Mar.
16K Mar.

Jan.
Jan.
Jan.
Jan.

11
8
7
10
4
4
26
17
8
31
18
10
12

K
K
UK
13K

20 K Jan.

Mar.

6K Jan.
8K Jan.

4k Mar.
Jan.

32

15

Mar.

23

Jan.
Jan.

Sale
Sale

11K Mar. 29
K Mar. 12

Sale

40

Sale

4K Mar . 31
48K Mar. 29

Mar.

1

4k Mar.

63K Mar.

4

Mar.

60 K Jan.
Jan.
7
Mar
63

26

40

Mar.

2

Mar.

41

Jan.

17K Mar.

4

18?

Jan.

38

39 K

28 K

17 K
18

18
18K

14 K

5 K Sale
IK
2K
7K
8K
4K Sale

Sale

Sale
15 K Sale
4K Sale
IK
2K
7K
8K
2 K
3

Mar. 31

Mar. 28

14K Mar. 31
Mar. 24

15

4K Mar. 17
IK Mar. 18
7K Mar. 28

7

16

Mar. 24

Mar. 29

4K Mar.

1

6K Mar. 30
14K Mar. 31
5K Mar. 30
6K Mar. 7

7K Mar.
15K Mar.

4
3

8

Mar.

5

7

Mar.
Mar.

3

UH

W*

Mar

Jan.

Mar.

UH Mar.

Mar. 18

5K Mar.
1
IK Mar. 14
8

UK Mar.
k Jan.
40

13

3K Jan.
8K Mar

Mar. 11

4

4

Jan. 31
IK Feb. 19

11K
K

4K

19
14
13

50
3K
3K
29K
3K

40

14K
56 K

JnT"18

Jan.

14

56

4K Mar. 31
Mar. 30
Mar. 30
Mar. 30

Sale

15"" Sale"

_

10k Mar. 31
k Mar. 30
4k Mar. 31

2

8
18
18

36
2

4

2K Sale
6K Sale
16 K Sale
4
4K
4K Sale

Mar. 29

K Mar. 30

42

K Sale

K
7K
12 K

14

13

32

36
15 K

*

9K

Sale

43

Sale

5)

48K

45K
43 K

n

Florida Power Ac Lt 87 pref..*
Ford Motor of Canada cl A
*
Class B

Sale

44

37

5K

Ford Motor Co, Ltd,
Amer dep rcts.-Ord reg £1
Ford of France Am dep rets..

35
36

38)
36)

32
28
28

Fisk Rubber Corp common
1
Preferred
100

Fox

3,

10K
12
IK
IK
x22K Sale
49 K
50 K

16

IK

*

..100
3

1
1
Fan steel Metallurgical Corp*
Fedders Mfg Co common..
5
Fed Compress 8c W'house..25
Ferro Enamel Corp com
1

1

11

Elgin National Watch Co.. 15

Empire Diet Elec 6% pref. 100
Empire O 8c F 7% pref
100
8% preferred
100
6% preferred
.......100
6^ % preferred.........100
Empire Pow Corp part stk
*
Emsco Derrick 8c Eauip Co.5
Equity Corp common.....10c
Esquire-Coronet.....
1
Eureka Pipe Line
50
European Elec Co of Can—
Option warrants....

Highest

Sale Prices

10

67 K

40

$4 participating pref.....*

i

Lowest

Sale Prices

4

Electric Shareholdings com

S6 Con* pref with warr
Electric Shovel Coal Co—

Highest

Sale Prices

14

13~

2

com

ya Sale

IK

*

com

....

Lowest

Ask

Ask Bid

Bid

IK

IK

17 preferred series A..
16 preferred series B
*
Easy Washing Mach class B„*

Economy Groc Stores

2,

Bid

Mar. 31

Mar. 1

1938

.

are

1

Price
Jan. 3

Mar.

15

15
4
14
17

Feb. 24

xl8

4k Mar. 17
ik Mar. 18
7k jan. 25
3
Mar. 29

5K Jan.

6k
14 K
5k
6k

Mar. 30
Jan.
3
Mar. 30
Mar. 7

13

2

Jan.

26

8

Mar

5

Jan.

24
17

8K Jan.
16K Jan.

17
18

Froedtert Grain & Malting

1,

I:

1

Common
Conv pref

..15

Pruehauf Trailer Co

1

Fuller (Geo A) Co com...

8

10

8K
75 K

General Alloys Co
*
General Elec Co of Great Brit
American dep receipts

£1

9M
Sale
IK
2

Gen Flreprooflng com

*

Gen Investment Co

1

18K
19 K
11K Sale
K Sale

*

48

com..

1

Warrants

$3

conv

preferred

*

...

18

Mar.

8

18

7
8

18

Mar.

8

32

28

Mar.

7

30K Mar. 16

28

Mar.

7

30K Mar. 16

Jan.

13

87
Jan. 27
9K Jan.
4
80K Feb. 21
2K Jan. 10

8

7K

18 JK
Sale

14

17

Sale

9K

K
45

65

65

30

IK
Sale

IK
12 K

Sale
Sale

X»2

Ke

J32

Ks

ilH M

Sale

"2 K "lK Sale"
18

48

65
Ki

General Rayon A stock....*
General Telephone Corp...20

17

11
7
18

6

Gen Outdoor Adv 6% pref. 100
General Pub Serv $6 pref
*

13

Jan. 18
Mar. 7
Mar.
8

10

*

$6 Preferred
10

15K

7
14 K Sale
5K Sale
6K

24

...100

5% preferred

i;

8K
16 K
8K

86

preferred

conv

Gamewell Co $6 conv pref..
Gatineau Power Co com

i

7K

1
*
*

$3

$4 Conv pref..

10,

6K
7K
14 K Sale
8K
9K

50

44

50

1

IK
Sale

9

5K
27 K

30 K

^IKMar^i

2

Mar.

2

16K Mar. 18

18

Mar.

4

16k Mar. 18

Mar. 30

14

9

K Mar.

Mar. 29

35

40
Sale

50

Mar.

1

K Mar.

4

7

Mar. 29

'32 Mar. 26

l«2 Mar. 26

'36" Mar."29

4l"""Mar."3

%,
Sale

8K Mar. 29

7k Mar. 31
75k Jan.
3
ik Mar. 28

50

77

41

7K Mar. 31

IK Mar. 3
8K Mar. 30
40
Mar. 30

44

Mar. 16

Mar. 31
5K Mar. 15
26K Mar. 22

85

Mar. 18

28K Mar.

IK Mar.
12K Mar.

3

2

Mar. 30

9

% Mar.

4

19K Jan.

19

Mar

1

K Jan
50
Mar

29

14

3

Mar. 29
132 Jan.
5
65
Feb.
4

Jan.

5

70

Jan.

Mar. 29

47

Jan.

13
14

50

30

1k Mar. 3
8k Mar. 30
40

Mar. 30

77

Mar. 31

1 K

Jan.

7

14

Jan.

10

44

Mar

16

88

Jan

12

Gen Tire & Rubber—

6% preferred A

.....100

Gen Water Gas & Elec
2

2

com.

$3 preferred
Georgia Power 86 pref
Gilbert (A C) Co com

.

1

*

Gilchrist
1
8

23
2

*

...

2,
12,
1,

Co...

*

Glen Alden Coal Co

Godchaux Sugars class A

27

*

Class B

12

87 preferred
.....*
Gold field Consol Mines
1
Gorham Inc class A com..
*

*

....

V t c agreement extended.*
Grand National Films Inc
1
Grand Rapids Varnish Corp *

Gray Tel Pay Station

com..

10

Gt Atl Ac Pac Tea 1st pref.100

10,

i:

Grocery Stores ProdCommon
25c
Guardian Investors common 1

42,

Gulf Oil Corp
Gulf States Utll 86 pref..

25
*

85.50 preferred.........

28 K
15

Hall (C M) Lamp Co
Haloid Co

i:

14,

Harvard

.

•
5

Brewing Co

1

Hat

Corp of Am cl B com
1
Haseltlne Corp
*
Hearn Dept Stores common.5
6% preferred

44,

...

Hecla Mining Co
Helena Rubensteln Inc..
Class A
Heller (W E) & Co common

7%
2
1

cum

pref

2

30




50
25c
*
*

2

.

E) Co class A

Hoe(R) & Co class A
Holllnger Consol G M

53.

6K
Sale

5K

4 K

34
5

Sale
5K
43 K

5K
35

77

Mar. 30

60

4K Mar. 25
38

Mar. 22

5K Mar. 15
7
Mar.

3

6K Mar.

9

66
39

Mar.

1

6

4K Sale

41

17

15

26

Sale
Sale

10

17

20

K Sale
9K
4K
5K
119K 120 K
8

46

30K
5K

Sale

32K
6

2 K

2

18K

18K

2

5k Jan. 19
26k Mar. 22
60

Mar. 30

4k Mar. 25
38

Mar. 22
Feb.

6

26

5K Mar
28 K Mar
76
Jan.

15
7
4

6K Jan.

10

Feb.

17

6K Jan*

28
14

41

15K

Sale
K

8

,

5K
123
46

14 K

Sale

19

Ke
5K
3K
119 K

8K
Sale
125
Sale
30

28

6K

2K

3K

2K

37 K

Sale1*

40 K

K

6K

3
Sale
Sale

2K
16 K

Sale
Sale
Sale
Sale
Sale

39

Sale

25

27

4K Sale
IK

6

Mar.

2

35

Mar.

4

26

Mar. 31

35

Jan.

27

10

Mar. 31
Mar. 31

17

7
2

10
90

17 K Feb.
93
Jan.

23

91

Mar.
Mar.

Mar. 31

Mar. 22

% Jan.
2K Feb.
19K Jan.

17
1
3

4K Mar. 31
26

Sale

K Mar. 19
Mar. 18

2

2K Sale
9K
11
52

56

IK Sale
1
IK
1
IK
4K
4K
14K
15K
6
28

8K
3K
6K
6K

7
34

Sale
5K
8
7K

8

2

16k Feb.

1

Mar.

1

13 k Mar.

% Mar.

9

19

36

Mar.
Mar.
Mar.
Mar.

7K Mar. 17
5K Mar.
1
124

Mar.

Mar. 17

47K Mar.
29K Mar.
6K Mar.

26 K Maf.

4K Mar.

K Mar. 29
K Mar. 1
33
84

Mar. 31
Mar.
3

Mar.

3

4
5
9

2K Mar.
K Mar.
40K Mar.

4
1
1

88

Mar.

9

80

Mar.

3

2

K
5K
3K
119K
36

7
37

8K

5

12 K

11K
13 K

2K
10K

3K
UK

56

60

IK
IK
K
1
r
K Sale
4K
' 4K
15 K
16 K
5K
6
26 K
34
8K Sale
3K
4
6K
8
5K
8
7K Sale
35
39

"IlK
13K

Jan. 13
7K Feb. 23

33

K Mar. 29
% Feb.
8
81
72

Mar. 31
Jan.
5
Feb.

27

17

3

Jan.
% Jan.

8
12

42 K Feb. 21
88
Mar
9
80
Jan. 15

9

*
10

Mar.

33

6K Jan.

20K Jan.
5
1K Jan.
6
9K Jan.
7
6K Jan. 12
124 K Feb. 28
49 K Jan. 15

Mai.
Mar.
Mar.
Feb.

26K Mar.
4K Mar.

IK Sale
Q

48 K

IK
K
K
3
13 K

19

50
Sale
Sale
Sale
4

5K

Sale
Sale
29 K
Sale
Sale
6K
Sale

5K

7-

4K
20

6%
2K
5

Mar.

2k Mar.
11k Mar.

9

9

8

9

Mar. 28

12

Jan.

58

Mar.

58 k Mar.

8

58

Jan.

11

IK Mar.
K Mar.
K Mar.
'3K Mar.
13K Mar.
4K Mar.
30
Mqr.
6K Mar.
2K Mar.
6K Mar.
5K Mar.

ik Mar.

8

Mar.

2

ik
k
k
3k
13 k
4k
30

Mar.
Mar.
Mar.
Mar.
Mar
Mar.

26
22
28
12
29
29

58K
1K
IK
1K

Mar. 8
Jan. 12
Jan. 10
Jan. 11

Jan.

10

6k
2k
6K
5k
18

Mar. 30
Mar. 23
Mar. 8
Mar. 19

10K Jan.

Mar. 17
Mar. 30

20K Feb. 23

Mar. 31

37 K Feb. 28

Mar. 21

42

IK Mar.

Mar.

1

4K Mar.
16k Mar.
5k Mar.

2

Mar.

7

30
9

2
2

Mar. 21

3k Mar.
6k Mar.

8
8

5k Mar. 25

ik Mar. 28

18

6K
33 K

Mar. 22
k Jan.
4
Feb.

13 K Mar.

80

6k

Mar. 18

18K Mar.

K
5K
3K
119K

4k Mar. 31

% Mar. 12
2

16K Mar. 29

Sale

33^ Sale'8

.25

w w

Hewitt Rubber Corp com...5
Heyden Chemical Co
10
Hires (Chas

6K

Sale

5K

30

*

Hartford Electric Light
25
Hartford Rayon com v t c..l
Hartman Tobacco com. no par

i'

"

5K
39

4 K
25 K
60 K

K
2K
3
19 K Sale

Gypsum Lime & Alabastine. *

i:

8

90

*

Non-voting common stock *
Great Northern Paper Co..25
Greenfield Tap 8c Die com
*

I;

Sale
43 K
6
7H
5K
5K

6K

38 K

83 preferred..
Gorham Mfg Co—
88

8
32

*

Preferred

32

4K
28

14

Mar.

20

6

Mar.

8

Mar.

4

6

37

Mar.

7

27
40

27

Sale

27

Mar.

41K
5K
11K

Sale
Sale
Sale

40

Mar.

5K Mar.
11K Mar.

Mar. 11

Mar. 15
9k Mar. 8
*13 k Mar.
3
42

5K Mar. 29
11k Mar. 18

3K Jan.

11
17

Jan.

18

16 H Feb.

26

6

__

9

Jan.

11

30

Jan.

10
11

7

Jan.

8

7K Jan.
6K Feb.

27

8

Jan.

8
_

7

Mar. 15

12 K Jan.

14K Jan.

10
28

NEW

April, 1938]
AGGREGATE

NEW YORK

Jan. 3

Jan. 1

Shares

800
100

Ask
14 54
9

Bid
12
1,200 Holophane Co Inc common.*
100 Holt (H) & Co class A
•
554
STOCKS {Continue'

Par

Hormel (Geo A) & Co com.*.*

""loo
700

Horn (A CD Co common

*

170

600

30,900
14,800
6.300

*"*600
550

"""500
7,300
1,350
3,300
5,200
4,100
1,200

5% preferred
..100
1,200 Hubbell (Harvey) Inc......5

107,700
45,300
12,300

Hud Bay Mln Ac Smalt.... ,_.*
Humble Oil & Refining...

Corp. Us
*
Hussman-Llgonier Co....
""900 tHuyler'e of Del com..... "l
800
7% preferred stamped.. too
100
50
7% pref unstamped
*
700 Hydro-Elec Secur com
11,700 Hygrade Food Prod.. .... 1-5
Hy grade Sylvanla Corp...
3,500

9,400
12,700
8,700
3,050

Illinois Iowa Power Co

*
50

Preferred
Dlv

arrearctfs..

......

—*

Illinois Zinc Co.—

50 Illuminating Shares Co A...*

600

13,700

1,400
1,360

31,100
2,800
3,500
2,230
3,600
1,480

510
50

225

100

400

400

1,000

900

1,400
330

Sale

630

554

1554
9

5""
Sale

23

Ask

954
554
3]
22]

Sale
9

Imperial Tobacco Co of Can. ft
Imp Tob of Gt Brit Ac Irel
£1
Indiana Pipe Line

10

1154

9X

2254 Sale
65 K Sale
5 54
654
1254
16
% Sale
654
8
654
12
454 Sale
154 Sale

~9V» "1054
28 X
68 54

Sale
Sale

pfd 100
7% preferred
..100
P Ac L 654% pf-100

Highest
Sale Prices

954 Mar. 31
554 Mar. 7

1254 Mar. 25
554 Mar. 7

Mar."31

2454 Mar. 7
.0054 Mar. 18

56

Sale

5

3

Sale

11

7

14

Sale

5 54
10

6
12

8

Mar. 12
Mar. 29

" Feb."!

Mar. 25

56

Mar. 31

Mar.

8

2854 Mar.
6854 Mar.
554 Mar.

1
l
7

54 Mar.

3

Mar.

7

10

2154 Jan.
9854 Jan.

254 Mar. 29

54 Mar. 24

if*
454
IX

5

354

4

154

354

354

1554
16X
5X Sale
954
1054

2
11

Mar. 28

Mar. 29

7

12

3

2

48
3

"3k" ""654
154
Sale

154 Mar. 23
1954 Mar. 31

12

2

Mar. 29

12

254

Mar. 29

354 Mar. 29
554 Mar. 31

354 Mar. 26
154 Mar. 2
2454 Mar. 2
354
1754
554
954

Mar. 2
Mar. 15
Mar. 15
Mar. 3

354

Sale

6

Sale

15

Sale

15

Mar. 31

1954 Mar.

4

1454
1354
32 54
654

1554
1354
33 54
Sale

16

Mar. 30

19

Mar.

9

Mar. 18

1454 Mar. 11
3254 Mar. 21
854 Mar. 1

4854 Sale

3

2254 Jan.

Mar. 31
254 Mar. 29

56

54 Mar. 24
454 Mar. 28
754 Jan.
8
3

Mar. 29

154 Mar. 23
1954 Mar. 31

17 54
13 54

37 54
7

1954 Sale
1954
1954
1454
1454
3554
3654
854 Sale

8654

82

76

88

m Mar. 29
Mar. 28
18* Mar. 29
li*

....

8654

Jan.

11

14

2854 Feb. 25
70
Feb. 23
654 Jan. 10

Mar.

Mar. 16
Mar. 15
Mar. 24

16

8

16

Mar. 24

84

54
754
754
554
254
~

Jan.
3
Feb. 24
Jan.
8
Jan. 19
Jan. 10
Jan.

15

2

Mar. 29

12

Mar. 29

454 Jan. 12
1754 Mar. 15

354 Mar. 29
554 Mar. 31
4854 Jan.
3

6
Jan. 12
1354 Jan. 12
4954 Feb.
3

754 Feb. 16
1754
17
13
38
754

1754

Feb"" "I

4

27 2454 Mar. 7
4 10054 Mar. 18

Mar. 29

8

1454 Feb. 23
554 Mar. 7

13

19 J4

354 Sale

8 54

954 Mar. 31
554 Mar. 7
4

2254

23

654

Indiana Serv Corp 6%

Ind'polls

Lowest
Sale Prices

454
Sale

Imperial Chem Indus Ltd—
Am dep rets ord reg
£1
Imperial Oil (Canada)....—*
Registered
-

Highest
Sale Prices

100

.

Hummel-Ross Fibre

13

"354

1

Horn At Hardart com

4,025

140

Ask Bid

Bid

Lowest
Sale Prices

Mar. 31

Mar. 1

1938

Shares

1

Price

CURB EXCHANGE

Since

March

RANGE SINCE JAN.

PRICES IN MARCH

SALES

In

45

EXCHANGE

CURB

YORK

15
16

Mar.
Mar.
1354 Mar.
32
Mar.
654 Jan.
10
Feb.
11
Feb.
84
Mar.

854 Jan.

26
4

31
30

1954 Mar.

18
29
28
5
21
24

1454 Feb. 25
3754 Jan. 21
854 Mar.
1
16
Mar. 16
16
Mar. 15

Mar. 19

19

8854 Jan.

21

154 Jan.
154 Feb.
54 Mar.
854 Jan.
6154 Jan.
22
Jan.
154 Jan.

27

Indian Terr 1 llum OH Co—

25

350

3,600
1,200
1,400
4,800

11,000

300

700

200

1,300

6,000

7% preferred

v t

Sale

*
C....1

iS

1

%

154
154
54

56
20

54
18

1

54

6054

16

4854

19

16

Sale
2154
154 Sale

1

IX

Sale

Sale

16

Sale
1754

%
1
854 Sale

stock pur warrants.

50 Internat Metal Indus cl A.

48,400 Internat Paper Ac Pow warr..
49,800 Internet Petroleum com...
300
Registered...............*
9,000 Internat Products com
0% preferred...........100

17,300

54
154
54

54

254 Sale
28 X Sale
28
29
2X
3K

5

International Radio Corp.

100

*
2,300 Internat Util class A..
Class
B
20,200
$1.75 preferred...........*
2,300
500
$3.50 prior preferred......*
New warrants
4,600
17,200 International Vitamin
6,200 Interstate Home Equip com,

254 Sale
3054 Sale
3054
3154

300
200

8,700
2,600

700 Interstate Hosiery MlUs

""830
8,600
1,800
3,300
1,400
13,600
1,600

1,370
11,700
3,500
10,000
4,400

4

454

754

Sale

654
154

Sale
Sale

754
10
54 Sale
8%
10
26 X
30

854
2754

354 Sale

354

754

.

2m 2?*
X Sale
1254
1454

9l'

a

8

&

Sale

54

2854

2454

354
454

254
354

Mar. 31

5

54 Mar. 25
Mar. 30

6

54 Mar. 25

Sale
Sale

Mar. 25

8

2654 Mar. 25

27

19

4

Sale
Sale

254 Mar. 29
354 Mar. 26
254
54,
1154
754
54

Mar.
Mar.
Mar.
Mar.
Mar.

30
14
31
29
31

Mar.

31

9

354 Mar. 14

754
54
754
54
854
2854

Mar. 1
Mar."25
Mar. 16
Mar. 2
Mar. 4
Mar. 2

3,2

154 Mar. 18
154 Mar. 18
54 Mar. 11
7

Feb.

4854 Mar 31
1654 Mar. 24
.

1

Mar

854
54
654
154
23
2954
254

5

7

Mar.

4

Mar. 7
Mar. 24
Mar. 21
Mar. 2
54 Mar. 11

454
54
1554
1054

.

Mar.
Feb.
Mar.
Mar.
Mar.
Jan.
Mar.

21

31
17
31
26
31
5
31

Mar. 31

Mar. 14

354 Mar. 14

3

54 Jan.
6

54 Mar. 25
8

Mar. 25

2554 Feb.

7

54? Feb.

4

254
354
2554
254
54,
1154
754
54

Mar. 29
Mar. 26
Feb.
3
Mar. 30
Jan. 18
Mar. 31
Mar. 29
Mar. 31

IX

2

1154
54

654

Sale
254

354
154

Sale
2

354 Mar. 31
154 Mar. 29

Sale

5654 Mar. 31

66

Mar.

5

5654 Mar. 31

65

X
Sale

5

1054
54

54
1154
754
54

Sale

65

Mar. 31

72

Mar.

2

77

Mar. 16

83

Mar.

5

65
77

254 Mar.

5

Mar.

1

21

Mar. 15 10854 Mar. 24

107

1456 ug

254

Sale
Sale
Sale

654 Mar. 2
254 Mar. 12

354 Mar. 31
154 Mar. 29

24
10
6
15
15

12
1754Jan. 12
54 Feb. 24
7
Mar. 17
354 Jan.' 12
3154 Mar. 4

Mar.

31

9

454 Feb. 25

54 Feb.

10
1

Jan.
Jan.

6
12

8 54 Jan.

5

Mar. 30

5654

Sale

9

X
I

3154 Mar. '4

3054 Mar. 10
254 Mar. 31

Sale

1

Mar. 31

2354
Sale

6

6054 Mar.

31
25
31
26

854 Mar.
54 Mar.
654 Mar.
154 Mar.

2254
254

5

Mar. 24

7

Mar. 10
154 Mar. 1
1654 Mar. 4
54 Mar. 25
7
Mar. 17
254 Mar. 1

Mar. 21

1

23

854

154 Mar. 18
154 Mar. 8
54 Mar. 10

332 Mar. 14

Italian Superpower cl A—

34,100 Jacobs (F L) Co
3,900 Jeannette Glass Co..

4854 Mar. 31
1654 Mar. 24

Sale

Interstate Power $7 pref

Investors Royalty Co
1
Iron Fireman Mfg com v t c 10
Irving Air Chute com....

Mar. 24

23

600 Internat Safety Rasor cl B_*

1,500
6,400
1,400

154 Mar. 18
154 Mar. 18
54 Mar. 11
7

10

Inaur Co of North Amer

"A,f

154

........100

2,400 Internat Cigar Machinery..*
2,700 Internat Holding Ac Invest
10,800 Int Hydro-Elec $3.50 pref. .SO

50

15,500
21,300

Class B stock..

400 Industrial Finance

400

154

—•

Non-voting class A

9
I

9)4 Jan. 26
2854 Mar. 2
54 Jan.
5
4
Jan. 11
454 Jan.

13

28

Jan.

11

654
>54
1554
1254
54

Jan.
Jan.

12

3

Jan. 17
Jan. 17
Jan. 17

754 Jan.
354 Jan.

11
12

Jersey Central Pow Ac Lt Co—

175
120
130

2,500
3,100
110

"2",700
1,600
900

240
100

21,550
2,700
3,300

225

554% preferred........ 100
6% preferred.....
....100
7% preferred..
......100
6,900 Jonas A Naumburg Corp.2.50
106
15,500 Jones Ac Laughlin com
340

320

290 Kansas G & E 7% pref
100
10 Keith (GeoE) Co 7% pref. 100
4,400 Kennedy's Inc
..5
3,450 Ken Rad Tube Ac Lamp cl a.*

1,700 Kingsbury Breweries

Kings County Lighting
7% preferred series B
100
5% preferred series D
100
53,950 Kingston Products.........T
14,900 Kirby Petroleum
......1

410

200

6,400

100

Klrkland Lake G M Ltd

600 Klein (D Emll) Co

200

400

1

com

1

200

3,006

7
1054
1

654
1054
54

33
33

26
18

36
25

254 Sale
354 Sale
1
154
15
6

30

1554
9

6

954

854
2454

Sale
39

254
434
154

Sale
Sale
154
15
1754
554
9
654
8
11
2454

60 Lane Bryant 7% pref..... 100
1,400 Lefcourt Realty com....
1
Preferred
*
3,800
67,600 Lehigh Goal Ac Nav
•
48,900 Leonard Oil Development_ -.15
4,500 Le Tourneau (R G) Inc.....!

654
154

11^
20

1154
754

1254
754

12

13

754

Sale

394 Line Material Co

24,000
200

400

*2*900

380
550

1,300
25,600
1,200
2,350

6%

..25

preferred..

5,000 Lit Brothers com...........*

3,800
131,900
35,000
25,600
1,150
2,300
3,500
60,200
2,300
3,350

Locke Steel Chain Co.
Lockheed Aircraft

....

Lone Star Gas

.5
1

354 Sale
54, Sale
1654

16

1854 Sale
1054 Sale
16

•

154

25

154

95

2

Louisiana Land At Ezpl com. 1
Lucky Tiger Combination. 10
Lynch Corp com...........ft

34

Sale

1

Sale

page




35
254

*

....

see

1054
Sale
854

53

9

Sale

54

1

254

154
354

254

5

354

154
654
54
24

54
154

X Feb.

"19"" *2054

4

30

15

Mar. 15
Jan. 18

42

154
1754

Mar. 7
254 Mar. 1
454 Mar. 7
154 Mar. 11
Mar. 11

554 Mar. 31
654 Mar 26
.

2654
Mar. 31 102

Sale

Mar. 21

4554 Mar. 17
154 Mar. 28
65

80

54
Sale

Sale

Sale
14
Sale

13
25
Sale

Mar. 25

54
1254
354
54

Mar. 25
Mar. 2
Mar. 30

13

Mar. 30

Sale

Sale
Sale
Sale

Mar. 17

39

5554
254
70
54

Mar.
Mar.

13

Mar. 15
Mar. 15

4554 Mar. 17
154 Mar. 28
65
Mar. 25
X Jan. 17
1254 Feb.
3
354 Mar. 30
54 Mar. 26

5

Mar. 18

Mar. 17

Mar. 21

Mar. 28

154 Mar. 12

1

Mar. 28

Mar. 17

19

Mar. 19

1

Mar. 26

Mar. 19
754 Mar. 28
554 Mar. 29
654 Mar. 31
Mar. 30

1

Sale

24

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

31
25
31
30
25

.

21

954 Mar. 17
Mar.

1

854 Mar.
154 Mar.

3

40

Mar.

5

34

Mar. 4
Mar. 14

9

2

7

954 Mar. 1
54 Mar. 15

31

36

Mar.

3

54 Mar. 23

1

Mar.

17"" Sale"

2

Mar. 25

Mar .31

254 Mar. 16

1954

Mar."14

Feb.

46

15

5854 Feb.
1
354 Jan. 12
%

jan.

14

154 Feb. 23
1354 Jan. 15

Feb.

10

% Jan.

8

5

13

Mar. 30

17 54 Mar. 10

19

Jan.

20 54 Jan. 25
2554 Jan. 10

26

1554 Mar. 28
1054 Jan.
3
2354 Jan. 27

754 Mar. 28
554 Mar. 29
654 Mar. 31
Mar. 30

1

14

25

Feb.
Jan.

254 Jan.

Mar.
1054 Jan.
1054 Jan.
954 Jan.
154 Jan.

21

14

18
12
17

10
12
15
3

3154
27X
154
654
54

Mar. 31
Mar. 25
Mar. 31
Mar. 30
Mar. 25

42

Jan.

5

3454 Jan.
254 Jan.
954 Jan.
54 Jan.

6
10
10
13

24

Mar. 31

38

10

1

17 ~

10

Feb. 14
154 Jan. 24
1554 Jan.
8
554 Mar. 31
9
Jan.
8
1254 Feb. 23
5

Mar. 31 10254 Jan. 13
1154 Feb.
3
1254 Feb. 10
II
Jan. 17
554 Mar. 31

43

1
1

354 Jan.

95

1954 Mar. 1
1554 Mar. 28
1154 Mar. 30

Sale
Sale

Sale
3 54

22
31
31
20

% Mar. 1
1754 Mar. 10
20
Mar. 4
2354 Mar
3
1354 Mar. 8

3154
2754
154
654
54

Sale
30
Sale

Mar. 15

1254 Mar. 14
754 Mar. 4

25
3
29

2

13

Jan.

1

54 Mar. 23
2

Mar. 25

45

18"" '2054

754 Mar.

11X Jan.

9

Mar.
Jan.
Mar.
Mar.
Mar.
Mar.
Jan.

Sale

554
654
154

Mar. 29

Mar. 26
Mar. 15

Mar. 31

6

Mar. 26

4954

8

1

27

4

IX
354
%
1454
554
x5X
1054

1254 Mar. 14
554 Mar. 31

26

v,.

For fggtnotes

954
854

2
2

Mar. 24
Jan. 27

22

25
31
29
22
31
31

95

dH
13*

754 Mar.
1154 Mar.

13

2854 Mar. 26

154 Mar.
354 Mar.
% Mar.
1454 Mar.
554 Mar.
z5X Mar.

1254
Sale

32

10
$5 conv preferred.......
600 MapesCons Mfg Co.
*

7

1154
554

3354

1,100 Mangel Stores Corp com_...l

54 Mar.

Sale

4* il*

500

Mar. 29

Jan.

Jan.

3

42

Sale

7% preferred...........100

"""•00

10

Mar. 31

30

Sale

4% preferred series B ..100

7,800 Majestic Radio Ac Tel Corp..1

4354 Jan.

154 Mar. 25

Mar. 26

Sale

54
154
1254
1454
454 Sale
354
54
% Sale
15
1654 1254
1954 Sale
2254 Sale xl6H
13
1054
1454
20
25
1954
154
2 54
154

8

Long Island Light com.....*

3,600

18
17
6
11

22

314

654

Mar. 31

6

19

'854/" 854
954 Sale

.*

Loudon Packing Co com.

Jan.
Jan.

2854 Mar. 26

100 Loblaw Groceterias class A. *

100

2,100
34,500
8,600
11,100

77

......*

76,100 Lion Oil Refining
.......*
1,900 Lipton (Thos J) class A.....1

34

85

2154
Sale

1454

4

39

5554 Sale
254 Sale

...

300

Mar. 31

Mar. 16

30

154

70 Lackawanna RR N J.....100

2,700
43,300
24,700
2,100

154 Mar. 25
21

95

..1
132,800 Lake Shore Mines Ltd
17,700 Lakey Foundry Ac Machine. 1

20
200

Sale

Sale

754
11
154

625

26,700
9,400

"154 Sale
21

66
73

Jan.

Mar. 31

2154 Jan.

554
954
X

.*

Koppers Company—
6% preferred...........100
600 Kress (S H) & Co spec pf..lO
5,600 Kreuger Brewing Co
...1

Sale

34

107

__10
1

common.

100 Klelnert(IB) Rubber
2,600 Knott Corp com

200 Kobacher Stores Inc com...*
400

2X
3
32 X Sale

8254 Sale
234
254

Feb.

17

Mar. 31

4

Jan.

154 Jan. 12
354 Jan. 12
45
Feb.
4
1954 Mar. 14

46

NEW

AGGREGATE

Since

*

Jan. 1

Shares

Shares

Ask

Bid

RANGE SINCE

JAN.

1

Lowest

Ask

Ask

Bid

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Mat. 31

Mar. 1

1938
Pat

STOCKS (Continued)

PRICES IN MARCH

Price
Jan. 3

CURB EXCHANGE

March

EXCHANGE

CURB

SALES
NEW YORK

In

YORK

Marconi Internat Marine—

200
Communication Am dep
700 UargayOU

400

3,700
1,200
5,200
750

ret

•

.

8,900
1,800
11,100
1,700

6%
20

7%
Sale

Marlon Steam Shovel com..*

4%

5

I

1%

2%

Masfl Utll Associates

v t c

—

Vfassey Harris Co common..*

7% Jan.
18

6% Sale
14

14 %

•

47

56
2 %
Sale

4*

7

2*

Sale

15%

16

47

50 %

Mar. 30

3%
1%
4%
11%

Sale

6% Sale

...1

Master Electric Co....

7%

m
24

Mar.
Mar.
Mar.
Mar
,

29
29
29
31

Mar.

1

18

6% Mar.

1

3% Mar.
1% Mar.
4% Mar.
11% Mar

24

1% Mar. 29
7% Mar.
15% Mar.

2
8

6

Mar. 30

29
29
29

31

7% Jan.

< 0
1

Mar.

24

7% Jan.

1

2% Jan. 2,
7% Feb. 24
16% Jan. 21

May Hosiery Mills—

150

2,400
10,400
1,825
3,300
25

200

3,900 McCord Radiator & Mfg B._*
20,400 McWilliams Dredging com..*
2,425 Meed Johnson 8c Co com...
6,800 Memphis Nat Gas com ......5
75 Memphis P & L J7 pre!
*
900 Mercantile Stores Co
*

1,700

900
125

6,600
500
500

15,900
600

125

40

200

Partic pre!

2}
10 J

99

95

Sale

4

Part preferred..
Metropolitan Edison Co—

2% Sale
11%
11%
100
103%
4% Sale

50%
1% Sale

47

Sale
Sale

8

90

18%

3% Sale

16

19%

17

14

3%

4
Sale
3% Sale

3
21

45

Sale

2

Sale

...

Mar. 29

2

3

2%

Mar. 23

13% Mar. 26

23 %

""2%

Mar. 25

Mar. 22

30% Sale

"% Sale

30% Mar. 31

Sale

% Mar.
4
% Mar. 30

Sale

1%

1%

1%

%

'%> "1%
%
4

m

Sale
Sale

\

3

VIA
3%

2}

%
1%
%
£
4% Sale
6%
7%

%
1%
% Sale
2% Sale
5%
5%

4*

3%

3%
%

1

Mar. 24

28

1%

Mar. 29

%
%
2%
5%

Mar.
7
Mar. 25
Mar. 31
Mar. 30

1
3

Mar. 12

4% Mar.

1

Mar. 23

45

15% Mar. 11

47% Jan.
3% Jan.

25
11

12
13
4%- Mar.
1
55
Jan. 17
19
Jan. 20
Jan.

12

Mar. 31 107% Jan.

90

3% Mar. 31
45

Mar. 23

13% Mar. 26

2

3

Mar. 29

4% Jan

1

21

Mar. 22

23 % Mar.

10
1

5
Mar. 11
Mar.
4

2

Mar. 25

4% Jan.

21

50

Jan.

20

%
%
1 %
29%

Jan.
8
Jan.
7
Feb.
4
Feb. 10

3% Mar.
13% Mar.
3% Mar.
44

% Mar. 1
1% Mar. 16
29% Mar. 9

30% Mar. 31
% Jan.
6
% Mar. 30

% Jan.

8
Mar. 29

28

Mar. 7
Mar. 7
Mar. 1
Mar. 17
Mar. 7

%
%
2%
5%

3% Mar. 18

4

Mar. 11

3% Jan.

1% Mar. 31
% Mar. 24

2% Mar.
% Mar.
7

Mar. 31

4%

3

1% Mar. 28
7% Mar. 29

%
%
4%
6%
%

Sale

5%

2% Mar.
11% Mar.

Mar. 31 101

3% Mar. 31

15

29,100 Michigan Bumper Corp..
1
29,900 Michigan Gas & Oil Corp.1
3,300 Mich Steel Tube Prod....2.50
14,700 Michigan Sugar com
*
2,500
Preferred
10

1% Mar. 28
7% Mar. 29
90

3% Sale

Feb.

47

45

16%

*

$6 preferred
.....—_*
800 Mexico-Ohio Oil Co

200

18,700
1,600
3,400

Merchants & Mfrs class A—1

18,400 MerrlttChapman & Scott...*
850
6H% Apref...
100
700
Common stock pur warr'ts.
28,900 Mesabl Iron....
1
1,900 Metal Textile Corp com..25c

30

9,900

S4 preferred w w

Mar. 7
Mar. 25
Mar. 31
Mar. 30

% Jan.

20

% Jan.
5% Jan.

10
14

8% Jan.

12

Jan.

12

Mar. 31

21

5

Feb. 24

2
1

1% Mar. 31
% Jan.
6

4

Jan.

3

4

Middle States Petroleum—

11,600
9,700

2,700
7,000

Class A vot trust ctfs

*

Class B vot trust ctfs....

1% Sale
%« Sale

Sal*

% Jan.

Midland Oil Corp—

350

900

1,600

2,010

$2

conv

4%

*

pref

7

13%

12

83

75%
78.
1%
n
7% Sale

'4% Mar. 29

9%

Mar.

Jan.

14

Feb. 23

10

Midland Steel Product—

625 MldvaleCo.

275

400

5,000
300

1,400
1,300

*

$2 non-cum dlv shares

2,500 Mid-West Abrasive Co
50c
10,600 Mid-West Oil Co
10
800 Midwest Piping & Supply Co*
2,000 Mining Corp of Can
...*
2,250 Minnesota Mln & Mfg Co
*

""loo

70 Minnesota P & L 7% pref.100
130 Miss River Power pref
100
100 Missouri Pub Serv common.*

2,200

4,500 Mock Judson Voehringer2.50

20,100

40,300 Molybdenum Corp
1
400iMonarch Mach Tool Co com.*
29,600 Monogram Pictures com
1
1,300 Monroe Loan Society cl A._*
1,100 Montana Dakota Utilities..10

60

400

7,600
300
300

1,050

7%
1%
26

Sale
7%
10
2
27

9% Mar. 31 *14% Mar. 17
65
1

11

10
2

600

"4,050

9,250

Moore (Tom) Distillery Co..l
100 Mtge Bank of Col Am Shs

23/
Sale

29%

26

190

5,700 Murray Ohio Mfg Co—.—*
2,800 Muskegon Piston Ring..2.50

200

5

3

2%

6% Sale
5

5%
12%
15
1% Sale
lM
2%
5
5%

3%

1

8

9

7% Sale

1!* if*
2% Sale
1%
2'
5

9,900

2,300
100
900

4

22

Sale

30
145

33
Sale

1 %

m

5

30%
34

27%
33%

180

140

Sale

1%

Sale

"6%

5

Mar. 26

2
5

Sale

650

450

.

_

Nat Power 8c Light—
S6 preferred
*
700 National Refining common 25

7,550

"7*366

—

15,800 Nat Rubber Mach com
4,600 National Service Co..

400

—

7,000 National Sugar Refg

*

400

6,600 National Transit
..12.50
32,400 National Tunnel & Mines..*
9,200 National Union Radio com__l
2,850 Navarro OH Co
*

200

A

37

4%

6,600

"i",606

2,500 Nelson (Herman) Corp
5,700 Neptune Meter class A

Nehl

Corp

com..

1st preferred

5,200

.*

...

Mar.

1

Mar.

75

Sale

2.
Sale

16%

7%

8%

Mar.

2
8

Mar.

9

Mar.

3

Mar.

1

"% Mar.'
Mar. 29

Sale
%
V*

13

14

Mar.

4

4

5

7

Mar. 30

26

Mar. 30

2

Mar. 18

15

Mar. 30

Sale

38% Mar. 31

2% Sale

2% Mar. 29
%«Mar. 19

38%

4%

iB

6% Mar. 31
12% Mar. 29

^

iB

18

1% Mar. 23
32

16"" Sale'

12%

Sale'

Mar. 18

Sale

9

2% Sale
%
%
15% 20

7% Sale
1% Sale
%
%
12% Sale

8

3
3
5

8% Mar. 14
Mar.

5

1

4% Mar. 30

Mar.

Mar. 22
Mar.
1

5

5

Mar. 30

9

Mar. 28

2% Mar.
% Mar.

Mar. 29

123

Mar. 31

15

4
4

6

Mar.

Jan.

8

Mar.

24
12
12

8% Mar.
3% Mar.
4% Mar.
% Mar.

4

5

6%
%

7\

49

45%

30% Sale

29% Mar. 30

Jan.
14
23
30
25

Mar. 30
Mar. 30

6% Mar. 31
12% Mar. 29

8% Mar.14
7
7

Jan.
Jan.

10
22

1

Jan.

10

11% Jan.
Jan.

3

x9

Feb.

14

14% Jan.

11

Jan.

11

20% Jan.

10

3

2

Mar. 18

Mar. 30
Mar. 31

63

Jan.

11

Feb.
5
Mar. 29
Mar. 19

Mar. 23
Mar. 18

12% Mar. 29

4% Jan.

5

7% Mar. 30
1% Jan.
6
% Mar. 29
12% Mar. 31

Mar.

5

% Mar.

7

Mar.

2

4% Mar. 7
6% Mar. 16
% Mar. 11
50
Mar. 8

3% Mar. 30
4% Mar. 23
% Mar. 16
48% Mar. 15

4% Jan. 11
5% Jan. 11
*At Feb.
1
Feb.

2

Feb.
Feb.

18

41% Feb. 25
18% Jan. 13
5% Jan.
9% Jan.
Jan.

18

% Jan.

5

3

% Mar.

17

4
8

Feb. 28

15

29% Mar. 30

46

8

37

15

110

37

6

4

Jan.

4

Mar. 18
Mar.
1

10
3
13

Jan.

4% Mar. 3
% Mar. 2
1% Mar. 21
32
16

Feb.

Feb.

7

55

Jan.

Mar.

26

Mar. 1
Mar. 7
Mar. 16
Mar. 4

19

Jan.
6
Feb. 24
Mar. 8
Feb. 18
Jan.
3

4% Mar.
% Jan.

8

8%
14%
2%
18%

7

Jan.

100

7

Mar.

3
25

Mar. 14
Jan. 21

Jan.

9% Mar.
32

9
7
27

Jan.

Mar.

3

Mar. 28

33

Feb.

33

Mar.

1

12% Mar. 29
Mar.

1%

Mar.

Mar. 16

3%

4%

Mar.

Mar.

4

16
3

Mar. 26

28% Mar.
21% Mar.
Feb.
145
Jan.
% Mar.
3% Feb.

Mar. 14
Mar. 23
Mar. 30
Mar. 25

52% Sale

1%

Mar.

8%
3%
4%
%

16%

Jan.

Mar.
Mar.
Mar.
Feb.
Mar.

28% Mar.
21% Mar.
2:33% Mar.

8

Sale

3%
12%
1%
1%
4%
122

5

2

Feb.

2% Mar.
6% Jan.

2

Mar.

14%

Mar.

7

4% Mar. 30
% Mar. 16
Mar. 31

% Sale
5%
8
22
27%
6% Sale
12% Sale

Mar.

Mar.

Mar.

Sale

5

Feb.

Mar.

1

Mar. 19

00

*

Feb.

Mar.

Mar.

Mar. 26

6

Mar. 14

Mar.
Mar.

Mar.

4

Sale
9

Mar.

Feb.
Jan.

6%
8%
1 %
24%

Mar. 14

Mar. 29

58

14%

2

6

1?* iS*

35

Mar.

8

8% Sale
14
14%
2%
2%
18
19%

64

3

8%

11%

Sale

x8% Mar.

7

Sale

M 1!

'*2% Mar."26

10

7%

Sale

%
Sale

500 Nebel (Oscar) Co com
*
20 Nebraska Power 7% pref.. 100

"3",400

65

Mar.
Mar.
Mar.

625 National Tea Co 5% % pref.If

3,300
13,100
2,400
1,300

1% Mar. 11
29% Mar. 9
76
Mar. 7

9
11%

8%
10

—1

Conv partic preferred
•
500 National Steel Car Ltd.....*

2,700

9

11
10

...*

900

300
50

Mar. 22

180

4

Sale

Sale

1

28*

%

4% Sale

50
.

2,650

7%
9%

1

$3 conv preferred

10

3% Mar.
12%
1%
1%
4%
122

30

140

1%

5% Sale

1

II,500 National Container (Del)...l
15,400 National Fuel Gas
•
4,300 Nat Manufacture & Stores..*
3,300 National Oil Products......4

4,600
6,700
1,600
1,800

21 ]
24 3

lOO"

Nat Automative Fibres com.*

400 National Baking Co com
35,500 Nat Bellas Hess com
2,500 National City Lines com

7

Mar. 26

3% Sale
12% Sale
1%
1%

122

200 Nachman Sprlngfilled Corp. *

17,000

Mar.

75% Mar. 2
1% Mar. 23
8% Mar. 14

*14% Mar. 17
7
80% Jan.
1% Jan. 11

9% Mar.

104

500 tMountain States Pow com.*
430 Mountain Sts Tel & Tel
100

1,400
1,000

Mar. 28

75

207,300 Mountain City Copper Co..5c
15,900 Mountain Producers Corp. 10

200

Mar. 30
Mar. 26

6% Mar. 31
8% Mar. 26
1% Mar. 29

_

900 Moody's Investors Part pref.*
725 Moore Corp Ltd..........—*
60
7% A pref
100

325

7,700

1%
6%

16

1,520 Montgomery Ward 8c Co A..*
I,900 Montreal Lt Ht & Pow com. *

560

62",400

12 %
78

9 111
47
6

Jan.

7

Jan.

5
Feb. 24

....*
...

5

300

*
300 Nestle Le Mur Co class A—. *

75

4%

5%

6

9

3%
4%
%
48%

75 Nev Calif Elec 7% pref....100
New Bradford OH

5

%

;

%

Mar.
Mar.
Mar.
Mar.

30
23
16
15

4%

5%

58%

"61%

53%

55%

36

Sale

Mar. 31

50

8

36

Mar.

98

Sale

90
7
66

95

75

85

Mar. 26

Mar.

5

Mar. 30

91% Mar. 12
7% Mar. 3

85

10

67%
2%

48

56

Sale

63

65

42

22

29

23
1 %

29

18

5%

4%

12

7% Jan. 10
% Mar. 11
50
Mar. 8

5%

New England Pow Assn com. *

400

1,000

6% preferred

100

90

590 New Engl Tel & Tel Co...100

1,000
6,850
7,600
9,400

3,600 New Haven Clock Co com
*
18,450 New Jersey Zinc..
25
14,600 New Mexico 8c Aria Land
1
25,700 Newmont Mining Corp....10

900

800

900 New Process Co common_._.*
900 N Y Auction Co common
*

,•

1,100
1,650
4,200

2,900 NYC Omnibus warrants
2,650 N Y 8c Hond Kosarto M
10
5,300 N Y Merchandise Co com. .10

100

280 N Y Pr & Lt S6 pref..
7% preferred
N Y Shipbuilding Co

310

1,290

900

Founders shares.........1
500 New York Transit
5
480 N Y Water Serv 6% pref..100

150
650

"4",666
1,900
5,900

111,200 Niagara Hud Pow com.....10
2,925
5% 1st pref
100
75
100
5% 2d preferred
6,600
Class A warrants
2,800
Class B warrants
13,000 Niagara Share Corp class B 5
....

100

"e'loo
350

5,800

...100

6,400

200

31,800

•

Class A preferred....

21,400 Nlles-Bement-Pond

com




see

page 53

1%

1 ^

8

2

2

8
5%
24% Sale
9
9%

4%

2

10%

9%

29

28

8%

7%
3%

Sale

4%
19%
7% Sale

16

61%

1

1

1

1

IB

16% Sale
8% Sale

Mar. 31

Mar.

Sale

Mar. 18

Mar.

Sale

Mar. 31

Mar.

25

Mar. 30

6%

00 CO ■
1

1

1

3

Mar.

4

8% Mar.

3

Mar.

2

83

99% Mar.

9

6% Mar.

7

Mar. 31

5

%
3%
10%

4
12
5% Sale
70
Sale

Mar. 25

4

Mar. 23

10% Mar. 30
5% Mar. 30
70
Mar. 31

91

4% Mar. 15
16% Mar. 1
8% Mar. 4
75

Mar.

*

1%
5% Sale
31% Sale

lM

3

Sale

S
1

2%

Mar.

Mar.

Mar. 18

83

iB
5%

iB
Sale

M"i

Sale

Mar. 17

3% Mar. 30

1% Mar. 16
5% Mar. 1

35%
8%
2

36%
9%
Sale

25% Sale
7%
10
1% Sale

25

Mar. 30

35% Mar.

7% Mar. 23
1% Mar. 26

9% Mar.
2

Mar.

5
11

Mar.

Jan.

14

6% M:ar.
Mar.

Jan.
Jan.

93% Mar.

Jan.

5
12
12

Jan.
Jan.
Jan,

24

10% Mar. 30
5% Mar. 30

Jan.
Jan.

10
10
13

Jan.

4

5

Mar. 25
Jan. 19

4

70

"""% Maf."l6 ""%.Mar.""5
1

12
6
14
15

Mar. 17
Jan. 12
Jan. 20

1% Mar.
5% Mar.
20

% Feb.
1

Jan.

8
15

3% Mar. 30
89% Jan. 22
25

Jan.

Mar. 30
Jan.
3

61

H

Jan.
Jan.
Jan.
Jan.

Mar.

18

Mar. 26

93% Mar. 30

l>

42

Mar. 17
Mar. 25

Mar. 30

Sale
Sale

3
5
2

Jan.
Jan.

4% Mar.
45% Mar.
1% Mar.

Mar. 31

1 %
2%
5% Sale
20% Sale

1

1

I*

1

Sale

1%

9%
1

97"" Sale"

Mar.

100

650 Nineteen Hundred Corp B..1
12,800 N!pl8s!ng Mines
5

For footnotes

7%

1

Mar. 30

7% Mar. 23
1% Mar. 26

>

Feb.

0
5

5
Jan. 11
Jan. 22
Jan. 17
Feb. 14
Feb.
4

NEW

April, 1938]
AGGREGATE

Since
Jan. 1

March
Shares

600

800

1,100
7.500
110
230

2,700
8,200
600

2,300
1,300

V

Price
Jan. 3
1938

CURB EXCHANGE

STOCKS (Continued)
Shares
Par Bid
13,400 Noma Klac Corp com..
1
ZX
1
20,300 Nor Amet Lt & Pow com
IX
6,950
$6 preferred
•
20
5,800 North Amer Rayon cl A..
*
20 J*
9,900
Clear B common........
50
40
6% prior preferred..... Iso
1,200 Nor Amer Utll Sec com.....*
4,900 North Cent Texas Oil......6
3%
I
19,900 North European Oil com
X
390 Nor Ind Pub 8er 6% pref..100
580
7% preferred...........I0W
6
4,000 Northern Pipe Line....... 10
20,300 Nor States Power com A.. 100
9X
1,500 t Northern Tex El 6% pref.100
3,500 Northwest Bngi neerlng
UX
*
20
3,800 Novadel Agene Corp........*

6,300
8,800
3,100
1,700

.

225

1,125

....

Ohio Brass class B.....•

125

475 Ohio Edison $6 preferred...*

900

Ohio Oil 6% pref ......-.100
670 Ohio Power 6% preferred. 100
210 Ohio Pub Serv 7% 1st pref 10«
30
6% 1st pref.........—100
1,300 Ollstocks Ltd common—....5
15
23,800 Oklahoma Nut Gas com

2,200

410

100
mm---.

f

300

10,100
2,800

5,700

1

150
■"'

•

preferred.............50
6% preferred
.......100
S3

325

15.900

31,000 Oldetyme Distillers... ......I

100

1,900

1,700
9,700

Pacific Can Co common....*

100
175

300

V-,

Mar. 31

4

3

Sale

Sale

y*

31

Sale

21X

23 V*

Sale

20

48'

40

23X
45

3X
Sale
Sale

135*
135*
385*

18
18
42

7X
Sale

Sale"

a* as
"12
20X

23

135
23

'"85* Sale'
Sale

19

91)
108)

92

109

m
io
8 V* Sale
21X Sale
70
87 X
2X Sale

Pacific G 5c B 6%

1st pref—25
SH% 1st preferred......25
650 Pacific Ltg Corp $0 pref..
*
120 Pacific PAL 7% prof
100

40

2,300

5,900 Pacific Public Service...

*

925*
Sale

11
Sale

Sale

87

92
Sale

2X
3V*

3
28 X

6
Sale

25 X

29 ys
27 X

17

17

Mar.

19

21

21V*

•0 «o

"""200

40,000

2.50

Penn Traffic Co

81,300 PennroadCorpcom vtc__ ...»
50 Pa Edison Co $2.80 pref.....*

50
50

700
290

775

2,400

400

1,350
2,600
3,725
100

400

;:

»

1,100
925
100

1,300

.

6,600

Pa Gao 5c Elec class A....,

Pa Pow & Lt SO

*

5

Sale

m

1$

5X

3X

$7 preferred
*
Pennsylvania Salt Mfg.....50

Pepperel! Mfg Co

*

.......100

Perfect Circle com..

.....*

Pharia Tire & Rubber Co

600

1,600 Philadelphia Co

Sale

25

m

m
2H
2X

Mar. 31

Mar. 29

13

Sale

25*

215* Mar.
18
Mar.
25* Mar.
225* Mar.

2

Sale

4X

2V*
2X

3x
4

15*

4

Sale

i*

_

7.800
2,030

15,200
3,320
1,200
26.000
3,200
3,100
24,700
12,400
18,700
325

500

11,700
1.200
1,100
10,300
4,000
9,900

Tx "161*

6

4

133

eh

675* Sale
28

25

Sale

4

4

,

144

140

145

68
72
68 J* Sale
26
31

Sale

200

Sale

2X
5X

3
6

Sale

75*

6

35*

jc55* Sale

35*
55*
1155*
295*
25*
1 %

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

13
21
18

4

Mar.

3

18
IX

19

205*

2

25*

15V*

19

25*

Mar.

Mar.

45* Mar. 14
65* Mar. 22
Mar. 23

Mar. 16
4

Mar.
Mar.

1

Mar.

1

175* Mar.

1

45* Mar. 28
55
Mar. 31
5* Mar. 29
65* Mar. 31
25* Mar. 31
% Mar. 29
25* Mar. 30
115* Mar. 26
19

18

15*

Sale

......

19 ""Mar ."26

15* Mar. 30
37

6*

17

15

«SJ

"3 5* Mar. "2
65* Mar. 21
3
75* Mar. 10

39

Mar.

585*
65*
815*
15*

Mar. 1
Mar. 4
Mar. 1
Mar. 12

Mar.
35* Mar.
5* Mar.
45* Mar.
135* Mar.
8

6H

J* 'J*

795* Mar.
1285* Mar.
59

Mar.

58

Mar.
Mar.

24

1
4
3
8

10

Sale
5* Sale

95*
X
35*
65*
3 5*

Mar. 25
Mar. 30
Mar. 3

Mar

21

"ll

8
Mar. 25
Mar. 11

15

35* Sale
65* Sale
454

352
80

5

% Mar.
65* Mar.

3

Mar.

2

Sale
Sale

Mar. 30
Mar. 31
Mar. 30

7

Mar. 25

98

22
13

Mar. 31
Mar. 31

355* Mar.

3

225* Mar.

3

55* Mar. 21

94

22

15* Jan.
4

15* Mar. 30
105* Mar. 29
rlO 5* Mar. 30
3

25* Mar. 18
55* Jan.
37 5* Mar.
45* Mar.
345* Mar.

28
22
26
31

45* Marr 28
55

Mar. 31

5* Mar. 29
65* Mar. 31

25* Feb.

2
% Mar. 29
25* Mar. 30
115* Mar. 26
95
19

Feb. 18
Mar. 26

15* Mar. 30
37
95*
5*
3 5*
65*
35*
915*

17

Jan.

5

10

66
77

Jan.

8

Jan.

6

Feb.

15
3
14
12

145* Jan.
1
Jan.
135* Jan.
X Jan.

HA
'

11

13

Mar. 11
Mar. 11
915* Jan. 27
95* Jan. 11
105* Jan. 24
31
93

Feb. 23

Mar. 22
25* Jan. 11
65* Mar. 8
6
35* Jan.
25
17
14

15
14
13
7

25
6

23

7
24
14
10
15
7
13
1

25* Mar.~~9
25* Jan.
8
255* Mar. 10
85* Feb.
8
82
Jan. 21
29' 905* Jan. 10
29 1495* Jan. 21
25
725* Jan. 13
30
77
Jan.
7
30
245* Mar. 28

25* Mar. 30

Jan.

13
48

*4 Jan.

n

25* Mar.
37

Jan.

35* Feb. 15
55* Mar. 30
1125* Feb. 11 1155*
295* Mar. 30 315*

3

95

"I* "4

5K

Mar.
Mar.
Mar.

4

88

Mar. 26
Mar. 31

...*

com

24

74

675* Mar. 1
725* Mar. 5
245* Mar. 28

Mar." 18

45*
145*

Sale

Feb.

25* Mar.
15* Mar.

1

585* Sale
65*
8
815* Sale
15*
15*
8
85*
35* Sale

35*
135*

Jan.

3
4
2

First preferred.........100
Premier Gold Mining.......I

25* Mar.

Mar. 21
Mar.

144

Mar. 31

43

Feb.
Jan.
Jan.
Jan.
58
Jan.
Jan.
Jan.
31
Feb.
195* Jan.
Feb.
45* Jan.
15
Jan.
19
Jan.
23
Jan.
245* Jan.
4
Jan.
26
Jan.
110
Feb.

Mar.
Jan,
Mar.

21

Jan.

235* Feb. 23

tSg
1?m

Jan.

Mar.

.105* Mar. 29

*

26

145* Jan.

35105* Mar. 30

Sale
Sale
175* Sa1©
5*
15*
35*
35*
>65* Sale
3
20.

29
3
17
29
8

Mar.
985* Mar.
47
Mar,

Mar ."21

stH

30
30
23
30
30
30

26

125* Mar.
45* Mar.

25* Mar. 9
25* Mar. *1
255* Mar. 10

Mar.

12

27

3
1

3

25* Mar. 12
225* Mar. 30

74

24

12
5
12

it'4

31
7

35* Mar.
175* Jan.
245* Jan.

j*>.ar.

165* Mar.
65* Mar.

17

45* Jan.

15* Jan.
375* Jan.

24
Jan. 24
7
Feb.
1
17 1095* Jan. 10

45* Mar.
275* Mar.

Mar. 15

55*
31

215* Mar. 26

Mar. 22

Power Corp of Can com.

25 Prentice-Hall Inc

775

Sale
12X

Mining Co........25c

1,500 Pressed Metals of Amer.....*
22,900 Producers Corp.
1
6,900 Prosperity Co B common...*
2,200 Providence Gas Co.........*
4,100 Prudential Investors com...*
$0 preferred.
1,950
...._.*

1,100

11
1

Potrero Sugar com ......... .5
Powdrell A Alexander com..5

Pratt A Lambert...........*

25

700
7,800
4,300

17 X

50

10

Mar. 28
Mar. 24

47

23

4

"75* "85*

1,820
27,300

820

7,500

Mar.
Mar. 17

26

Mar.
Mar.
795* Mar.
1235* 1295* 1285* Mar.
Sale
59
Mar.
59
58
Mar.
Sale
59
24
24
Mar.
18
6

""35* ""35*

Pitts Metallurgical Co
10
Pittsburgh Plate Glass com 25
Pleasant Valley Wine Co....1
Plough. Inc..........
♦

Polaris

V*

Mar.

28
31

Mar.

Sale

1

35*

74

Pittsburgh Forglngs Co...
Pitts A Lake Erie RR

Mar.
Jan.
Feb.
Mar,
945* Jan.
x88X Jan.
Mar.
Mar.
215* Jan.
90
Feb.
15* Mar.
Mar,
Jan.

31

Mar.

225 Pitts Bessemer & L E RR...50

—

26
91
106
110

4

24

3M

175

«

4

65* Mar. 30
5* Mar. 12
85* Mar. 28
18
Mar. 29

110

*

17,300
9*550

75

2,900
12,500
1,200
4,000

3

Mar.

'145* Mar."21 "145*

Sale

1

preferred..*
300 Phlla El Pow 8% pref
25
8,200 PhUUps Packing Co
*
34,400 Phoenix Securities common. 1
Conv preferred A..
...10
2,200
12,700 Pierce Governor Co com....*
1
200 Pines Wlnterfront Co
1
47,900 Pioneer Gold Mines Ltd
15,850 Pitney Bowes Postage Meter*

Mar.

4

75 Phlla Elec S5 div

com

Mar. 24

Sale Prices

Mar. 30

35* Mar.

125* Mar. 29
45* Mar. 30

165*

pref........*

Pa Water 5c Power......

Mar, 24

4

Mar.

35* Mar. 31

4X

common...;

63

8

Mar.
Mar.

26

50 Patchogue Plymouth Mills..*

PennMex Fuel

2

Mar. 2
Mar. 12

Mar.
93
Mar.
25* Mar.
55* Mar.

1!

28

Mar.

95* Mar.

45* Mar. 29
65*
275* Mar. 3l 30
27
Mar. 17 27
985* Mar. 31 1035*

22 X

2V*

Sale"

'18

Jan.

Mar.

3

Sale

Sale

30

125* Mar. 29
115* Mar. 29

4

325* Mar.

90

18

18

Mar. 30

Mar.

205* Mar.

9

5X Sale
175*

17X

•

Mar. 24

60
71
6
11 *
*
12

90

15*

X Mar. 30
31

5* Mar. 29
35* Mar. 14
X Jan.
7
525* Mar. 26

5* Mar. 15
35* Mar. 1
* Mar. 8

17

16X

1

Mar. 24
Mar. 30

65* Mar. 30
5* Mar. 12
85* Mar. 28
18
Mar. 29

47

"l'x

8
1
2

30

.....

12,000 Parkersburg Rig 5c Reel Co.l

.

63
4

Mar. 14
Mar. 8
Mar. 26

Mar.

103 X Sale

2,700

400

Mar. 29

85* Mar.
65* Mar.

28

4»

1,450 Pender (D) Grocery cl A....*
Class B
•
1,600
800 Peninsula Telep Co com... •
20
7% preferred..........100

X
35*
X
525*

24

85*

IV*

200 Paramount Motors Corp... 1
350 Parker Pen Co........
10

10

Mar.

215* Mar. 4
205* Mar. 10

245*

8

65* Sale
22
83

7

150

300

35* Mar.
IX Mar.
35

80
865* 925* Mar. 2 93 X Mar.
1065* Sale 1065* Mar. 31 1085* Mar.
Mar. 31 1125* Mat.
110
Sale 110
97
Mar. 30 101X Mar.

3X

6

3X

1st preferred
100
*
5,550 Pacific Tin special stock.... *
24,700 Pan Amer Airways com.....5
445,800 Pantepec OH of Vonesuala.. 1

400

Mar. 30

5

29

2,650
8,100
150,300

-

5* Mar. 30

26

Sale

32
90
108

Mar. 26

3

31

I

Highest

Sale Prices
3
Mar. 26

43

5
Sale

7

Sale Prices

115* Mar. 29

2H Sa^
4

Highest

Sale Prices

125* Mar. 29
5*

X

ZX Sale
H
%

4X
%

Lowest

Lowest

Ask

Ask Bid

Bid

Sale

Overseas Securities Co ...... *

1,100
4,000

#

Mar. 1

Ask

100 Oliver United Filters B._—*

800
■

RANGE SINCE JAN,

PRICES IN MARCH

SALES
NEW YORK

In

47

CUBE EXCHANGE

YORK

Mar. 25
Mar. 30
7
Mar. 30
Mar. 31
Mar. 30
Feb.
7

Jan.

Mar. 15
Jan, 12

Mar.
Feb.
Jan.
Jan.
Jan.
17 X Jan.
Jan.
35* Jan.

1*

65* Mar.
Mar.
d5* Jan.
625* Jan.

39

$

Jan.
Jan.

15* Jan.
85* Jan.
35* Mar.
Jan.

4X Jan.

145* Feb.

23

10
8
20
24
15
11
7
21
3
15
24
12
12
14
14
1
21
12
24
18
17
16
25

95
Feb.
215* Jan.
25* Feb.
37
Mar.
18
Jan. 10
9/
Jan.
7
ex Jan. 21
Jan.
7
65* Jan. 22
98
Jan.
7

Public Service of Colorado—

60

70

6% 1st preferred....... 100
7% 1st preferred.......100

40

3,180
3.010

1,100
1,370

Public Serv of Ind pr

pref..*

86 preferred..............*
PubUc Service of Nor 111...
Com $60 par stock
..60
Public Service of Oklahoma

24 X
12 X

73^1

Sale

Sale

:::::

32
20
70

Sale
Sale

13

Mar. 21

625*

70

625*
78

10

6% prior lien pref......100
7% prior Hen pref......100
{Public Utll Securttfes87 part preferred..
350
♦
2,440 Puget Souod PAL 86 pf
1

20

250

1,675
1,225

S5 preferred

3,025

2,900

1,200 Puget Sound Pulp & TImb..*
3,900 Pyrene Mfg......^....__-..10

330
180
800

770 Quaker Oats com
_........*
380
6% preferred...........100
900 Quebec Power Co
•

250
100

335* Sale
7
75*
65*
7

"4"

5"'

675 Railway A Light Securities.*
200 Rys A Utll Invest cl A com.. 1

200

2,400
200

3,700
2,100

1,020

Rainbow Luminous Prod A. *

4,370

Class Bcommon

.

....

Raymond Concrete Pile—

'

4,600
1,300
3,100
20,000
1,000
5,000

Common................*

83conv pref..............*
200
2,200 Raytheon Mfg com......50c
19,100 Red Bank Oil Co.
5,500 Reed Roller Bit Co new....- *

100

1,000
10,100
2,100
500

Mar. 8
Mar. 30
Mar. 29
Mar.
9

12

*

......

•;
!

600

.

Reeves (Daniel)

com.......

16,900 Kelter Foster Oil Corp..
..5
2,400 Reliance El A Eng Co..
.......1
3,700 Keybarn Co.. Inc
V 33,700 Reynolds Invest com .......1
4,500

Rice Stlx Dry Goods Co

9,700

Richmond Radiator com....1
Rio Grande Valley Gas Co—

2,300

For footnotes

5,900

Voting trust ctfs...

see page




53.

"ex '"tx
95
138 X

1551

Sale
17X

\
12
25
2

97
139

102
140

17

*
X

4

89

5* Reb. 16
105* Mar. 30
235* Mar. 29

34

4s
115

2

2J

IX
X

90
137

Mar. 31 100
Mar. 9 140

x»far.
Mar.

135* Mar. 21

75* Mar. 15
5* Mar. 29
5* Mar. 23
5* Mar. 16

65* Mar. 9
45* Mar. 28

7

2
2

90
137

135* Mar, 21

Mar. 21
Mar. 29

7 5* Mar. 15

155* Mar. 11

X Jan.

5*

Sale

Jan.

10

28

►

Mar.

4

105* Feb.

3

16

295* Mar. 25

I

Mar.
Mar.

8

29

Feb.

17

30

Mar.

7

9 y* Mar. 26

5* Sale

11

15* Mar. 29

!
r

35* Mar. 26
19

Mar. 31

35* Mar. 18

V* Mar. 31
25* ivxar. 26
5* Mar. 31
Mar. 31

4
1

Mar. 30

5* Mar. 31

9

15* Mar. 15
! X Mar.
2
4 Mar. 2
>5* Mar. 7
tX Mar. 21
5* Mar. 3
15* Mar. 15
5* Mar. 8
„

5*5 Mar.

5

15* Mar. 29
35* Jan. 28
19

Mar. 31

35* Mar. 18
5* Mar. 31
95* Feb.
3
25* Mar. 26
5* Mar. 31
4

1

Mar. 31
Mar. 30

5* Mar. 31

15

5* Feb. 15
5* Jan. 10
5* Jan. 13

5* Feb. 15
5* Feb. 23

X Mar. 7
5* Mar. 16

Jan

Mar. 31 1005* Jan. 12
Feb.
7 140
Feb. 15

155* Mar. 11
8)

Feb. 25
12
21

75* Jan.

Mar. 28

145*

25* Sale
5* Sale
4
Sale
15* Sale

fS
Sale

4

Mar. 14

Feb. 18
Jan. 27

M Feb. 19
175* Feb. 26

8% A*

24

10

xVxar.

.

37
15* Sale
4
Sale
19
Sale
25*
45*
5* Sale

Sale

3X

7
7

145*

135*

10
27

2X

23

Sale
138

1

Mar. 28

45* Sale
90
125

8
2

Mar.

"T'l

•155*

33

...

...1

Sale

5* Mar.
165* Mar.
34

78

Feb. 18
Jan. 27

89

.

v
<

95
Mai. 25
995* Feb. 21
Feb. 25
1035* Jan. 29 106
22
Jan. 28 355* Mar. 3
115* Jan. 18 225* Mar. 3

Feb. 14
Mar. 8

25* Feb. 17
7

Mar.

285* Tan.
4

Feb.

7

17
4

*4 Jan. 17
11X
25*
15*
55*
25*

Jan. 15
Mar. 21
Jan.
7
Jan.
6
Jan. 12

% Jan.

14

48

NEW

aggregate

March
Shares

PRICES IN MARCH
NEW YORK
CURB EXCHANGE

Shares

100

700
900

1,200
2,300
11,300
150

Bid

'

•

500

$2.50

pref

conv

?

900

'

Gen'l com..*
*

common

com 1
II,000 Seiberllng Rubber com.....*
1,150 Selby Shoe Co com...
..*
19,800 Selected Industries........1
2,300
Convertible stock
.....5
3,300
$5.50 prior stock
...25
1,550
Allotment certificates

500
600

2,100
900

1%
12%
23 X

Mar. 31

IX Mar. 30
3% Mar. 31

Sale
Sale
Sale
Sale

Sale

X

2%
IX
13
25

6

2% Sale

3X Sale
Sale

2

IX

2

10%

l3/*

13

8X

Sale

23

94% Mar. 22
11% Mar. 29

7

4

1

1% Mar. 15
3% Mar. 2
% Mar. 10
Mar.

4

4X Mar. 30

5

Mar.

2

Mar. 28
Mar. 18

5

2X Mar. 30
X Mar. 22
Mar. 29
X Mar. 10
,

8%
35%
3%
1%

Mar.

25"" "35"

Sale

\H

a

2X Mar. 30
Mar. 26

IX Mar. 29
IX Mar. 10

19

8

Mar. 29

19

Sale

17

Mar. 26

20" "25"

25" "Mar .'25

57/

Sale

8,

Sale

3X Mar. 30
X Mar. 29

29

25

ol*

36

7%

5h

Sale

ax

45

IX Sale
2X Sale

%
1

1"

1%

35

30 X

40

IX Sale
3X
3%

X
2

IX
Sale
Sale
2X

Jan.

6

Jan.

11
15

5

Mar. 28

9% Jan.

11

35

Mar. 18

38

2% Mar. 30
% Mar. 22

4

Feb.
Jan.

3
11
13

9

48

7X

X

3% Mar.

1

8

51

59

52

58

7
60 X
61

48%
49 X

8

Sale
Sale

Mar.

2%
1%
10%
23%

Mar.
1
Mar. 3
Mar. 12
Mar. 4

7

42

Mar. 25

25

62

5% Mar.
% Mar.

7
2

Mar. 22

30X Mar. 31
X Mar. 31

35

Mar. 24

Mar. 25

2'

11

3

Jan.
Jan.
Jan.
Jan.

13
13
13
27

Jan.

12

8

1
7
4

Mar.

15

Mar.
Mar.

19

29% Jan.

25

Jan.

25

Feb.

18
26

18% Jan.

12

7% Jan.
1% Jan.
1% Jan.

5
28

16% Jan. 21
3% Mar. 30
% Mar. 29
Mar. 22

Jan.

13% Mar. 24
% Mar. 18

Jan.

3

48X Mar. 31
49% Mar. 31

7% Mar. 21
60% Mar.
4
61% Mar. 4

48% Mar. 31
49% Mar. 31

X Mar. 18

Xt Mar. 11

X Mar. 18
Mar. 30

1

5

12

Mar. 24
Jan. 10

35

30% Mar. 31
% Mar. 31
2

11

113

Jan.
Feb.

1

1% Mar.
3% Mar.
15% Mar.

4%
63%
3%
2%

Mar.

1% Mar.
1% Jan.

Mar. 25

5

6

5

62

Jan.

X» Jan.

92

20

2% Mar.

60

1

Sale

Sale

1% Jan.

Mar. 29

X Jan.

Mar. 22

1

13 X Mar. 24

"I

22

%«Feb. 28
49

4% Mar. 30

1

% Mar.

9% Jan.

Mar. 31

31

Mar.
1
Mar. 10
Mar.
4
Mar. 4

85

21
10
1% Mar. 15
3% Jan. 15

13% Jan.
7% Jan.

1% Mar. 30
3% Mar. 31
/{i Jan. 13

Mar. 10

9

3

96% Feb.

Mar. 29
Jan.
7

5
13

2

16

Mar.

45

**

oV*

3

Mar. 15

7

Mar. 31

48

% Sale
3X
6

13

Xt Mar. 26
31

35

Sale

96% Feb.

113

6%

53,800 Segal Lock At Hardware

6,100

1

Sale

42
2%

1

400 Seeman Bros

400

22,300
3,500

Mar. 29

Sale

80

x95% Feb. 10
11X Mar. 29

35

2X

1

Sale

Highest
Sale Prices

4

30

37 X

Sale

12*
Sale

5X Sale

3X

12

Lowest
Sale Prices

..*

common...

Warrants
Securities Corp

4X

5%
8% Sale
36

130* il*
3

31*

5

*Xt Sale

70

Sale

Sale

82

20 Scranton Elec $6 pref......*
110 Scranton Lace Co common..*

Scullin Steel Co

%
46 X

1%

1,800
1,900

IX
3%

3X

40 X

3x

Highest
Sale Prices

Sale

2%

8H

1

Scranton-Spring Brook
Water Serv $6 pref

IX

38

107,400 St Regis Paper Co..
5
I,575
7% preferred
100
3,800 Samson United Corp com
1
2,900 Savoy OH Co...............5
3,300 Schlff Co com.............
4,100 Scovtlle Mfg Co
25

400

IX

"8

8X

Sale

7% Sale

Safety Car Heattnit At Ltg_„.*

5,100
13,900
1,100

7

5%

St Lawrence Corp Ltd......*
A $2 cony pref..........50

1,100
4,000

12

%

1,750
10,400

900

13

16

40

1,050
6,600

225

1

Lowest

Ask

Ask Bid

8

*

St Anthony Gold Mining

Bid

6

11,300 Ryan Consol Petroleum
*
19,100 Ryerson & Haynes Inc com.l

1,200

Ask

10 %

3,400
7,100

50,400

jan.

Sale Prices

Mar. 31

Mar. 1

1938
STOCKS (Continued)

1,900 Roeser & Pendleton Inc..—*
5,900 Rome Cable Corp common..5
3,300 Roosevelt Field Inc
__6
14,000 Root Petroleum Co com
1
1,400
$1.20 conv preferred
20
1,700 Roaaia Internet Corp
*
3,750 Royal Typewriter com...
*
4,500 Russeks Fifth Ave Inc
2.50
24,200 Rustless Iron Ac Steel Corp_.l

900

range since

Price
Jan. 3

Par
350 Rochester G At E 6% pref.ioo

4,200
2,200
5,400

EXCHANGE

CURB

sales
Since
Jan. 1

In

TOEK

Jan.
Jan.

Mar. 30

60% Mar.
61% Mar.

21
11
10
19

4
4

Selfrldge Prov Store*, Ltd—
400

American dap rets

2,600

1,600

£1

Sentry Safety Control

1

Serrlck

1

Corp class B

com

"l",806

"3",900

19,900
16,100

43,100 Severalty Aircraft Corp.....l
43,800 Shattuck Denn Mining
5

300

700 Shawlnlgan Water At Power.*

5,700

19,300 Sherwin-Williams Co com..25

Seton Leather com

410

120

100

Shreveport Eldorado
Pipe Line stamped
SUex Co (The) common
Simmons-Boardman

50

50

610

....

83

Sale*
Sale
20X

21X

Sale

88

Corp

4X Sale
2X Sale
5X, Sale
18
19 X
68
Sale

21X
Sale

conv

5X

5X

6X

6%

6X

4,700
28,400
4,000
7,900

pref

...

£1

2,200
2,900

3,500
4,600

60

560

600

Sale

224
5

IX

Sale

Sale

3

Sale

212

Sale

Sale

5X

4X

5X

Corp............-1

SO88 Mfg Co

South Coast Corp com

1

Sou Calif Edison prof B....25

25
.....25

5%% pref class C

5% original pref

2

1%

3

4X

3

6%

Sale

2%

3

26 X
24

IX Sale
5%
5X
3X
3%

1%
1%
3%
2%

26% Sale
24%
25%

Sale

5^

...

24%
22%

Southern Colo Pow cl A..25
80 South New Engl Telep Co. 100

1,700
4,500
5,100

"IX "2~X
4%
4%
2%
2%
6% Sale

12,900l Southland
10,200

200

130

39

50

5X

4,000 Spencer Shoe Corp

146
100

1,000
1,200

200

*

Common

250

$1.60 conv pref new

1

2,100 Stand Invest $5% P*«f w w.
23,100 Standard Oil (Kentucky) ..10

1,400
3,900

2,200 Standard Oil (Nebraska)
25
9,810 Standard Oil (Ohio) com..25

.

425

550

58,800
5,100
II,750
16,200
1,800
1.300

100

5% pref

Standard Power At Lt com.
Class B

Mar. 16
Mar.
1
Mar. 16
Mar. 7
Mar. 18

% Mar. 26
Mar. 18

8

common..

16% Mar. 23
1 % Mar. 25
2% Mar. 26

16% Mar. 23
2

Mar.

1

Mar. 31 240

212

2% Mar.
4

Mar.

3

4% Mar. 28

Mar. 11

5

Mar. 17

%
%

2%

2%

10%
17%

11%
Sale

25%
23%

1%
1%
3%
2%

25%
23%
34%
1%

Mar. 26
Mar. 26
Mar. 28

Mar. 30
Mar.
Mar.
Mar.
Mar.

30
29
25
31

Mar. 17

13

3%
1%
5%
3%
27

Mar.
Mar.
Mar.
Mar.

2
1
2
2

Mar. 10
Mar.
2

25

35% Mar. 8
1% Mar. 24

4

IX Feb.

10

Jan.

10

17

24
2% Mar. 16
10% Jan. 11
5 % Feb.

Mar.

1% Jan.
5% Mar.
18% Mar.
68
107

20

Jan.

90

Mar.

Jan.

12%
17

Sale

8X
9X
19%
21
99% 101%
1% Sale
Sale

...

Standard Products Co

1

Sale

Standard Silver Lead

1

Sale

Standard Steel Spring Co..5

Sale

Standard Tube class B

12
25

110% Mar. 18

Jan.

% Jan.

% Jan.
5% Jan.

8

Mar.

7

18a

16% Mar. 23
2% Jan. 13
5% Jan. 14
Jan. 12
Mar. 31 243

16% Mar. 23
1% Mar.,25
2% Mar. 26
212

4% Mar. 28

5% Jan.

12
15

r$

o

2%

1%

Mar. 18

2

4% Mar.

7

2% Mar.

2

6% Mar.

8

5% Mar. 29
30
Mar. 30

39

20

19% Mar. 26

20% Mar. 26

%

3*
1%
Sale

19%

3% Mar. 23

Sale

Sale

x
13

1

6% Sale
20%
21%
95

98

5%
15

22

% Mar.
3

1

Mar. 18

rl% Mar. 10
% Mar. 22
12% Mar. 30
20

Mar. 28

Mar.

%6 Mar.

1

8%

7

16% Sale
97

95

15

88

Jan.

13

Mar. 17

13

Mar. 17

1% Mar. 26
1% Mar. 26

3% Mar. 28
2% Mar. 30

2

1% Mar.

2

5

Mar. 29
Mar. 31

Mar.

5% Mar.

39

Mar.

6%

Mar. 30

7% Mar. 11
21% Mar.
~

Mar.

99

% Sale
%6
1
3% Sale
%6 Sale
5%
8
2
2%

%
%
3%
%.
6%
2%

4% Sale
15%
4%
4%
3% Sale

2%

Mar. 26

Mar. 24

1%
1%
6%
%

Mar.
Mar.
Mar.
Mar.

Mar. 26

8

Mar.

Mar. 28

2% Mar.

Mar. 26
Mar. 30
Mar.

1

31

24
20

Feb.

26

Jan.

20

Mar. 18

Jan.

11

1% Jan. 17
% Jan. 13
12% Mar. 30

Jan.

% Feb.
% Jan.
3

18

Jan.

22

Jan.

17
5

Jan.

26

22% Mar.

8

2% Feb. 21
Jan.

12

5

!§*

1% Sale
1
1%
6% Sale
% Sale
8
9%
2%
3%

Mar.

22% Jan.

19% Mar.

Mar. 29

14% Jan.

14

15

11% Mar.
17% Mar.

Mar. 29

98

21

4
5% Jan. 20
2% Feb. 14
7% Jan.
8

2% Feb. 28
11% Feb. 17
15

Feb.

40 % Feb.

Feb.

3% Mar.

30

3% Mar. 2
1 % Jan.
4
6% Jan. 11
3% Jan. 28

27% Feb. 11
25% Feb. 15
36% Jan. 20

25% Mar.
23% Mar.
34% Mar.

1

3% Mar. 17
rl% Mar. 10
% Mar. 22
16% Mar. 17
22%'Mar. 8

2%

Sale

5%

Jan.

140

4%

...20

10,300

26,500
1,700
3,850
6,000
1,100

16%

% Sale
X
%
4%
1%
2%
%
16%
17%
21% Sale

3,100 Standard Cap & Seal com—I
Conv preferred
4,100
10
Standard Dredging Corp—

650

Mar

2%
8%
19%
31
89%
110%

2

130

3%
2%
5%
30

4

.......

346 Stahl-Meyer Inc com
1,800 Standard Brewing Co

Sale

Sale
Sale
4
Sale

"1% Sale"
115

23%

20%

Spanish At General Corp Ltd
Am dep rets ord reg shs..£l
1,000
100
Am dep rets ord bear...If

400

145

o

Royalty Co....-5

South Penn Oil...........25

450 So West Pa Pine Lines

"l",406

68

13

I,900 Southern Pipe Line.......10
4,2001 Southern Union Gas com...*

"""500

1% Feb.
% Jan.

88

2,000

..1

Solar Mfg Co
Sonotone

Mar.

5

9
IX Mar,
5% Mar, 30
18% Mar 18

X Mar. 26
6% Mar. 9

8

.

25 Sioux City G At B 7% pref.100
Skinner Organ Co
25 Smith (Howard) Paper Mills

2,400
15,500
2,500
1,900

Mar. 24

4

109% Mar

25

Singer Mfg Ltd—
Am dep rets ord reg shs.

3,400

25

500

a*

4

2

Pub

12,200 Simmons H'ware At Paint Co *
7,700 Simplicity Pattern Co...
1
1,150 Singer Mfg Co.
100

1,600

IX
6X

19%

%
5%
5
5%
IVs
2
8X Sale

X
3X

100
Sherwln-Williams of Can...*

2,800

4,400
5,300

5*

5% cum pref A A A

600

800

3*

Mar. 31

18

14

Jan.

10

7% Jan.

26

Jan.

10

6% Mar. 29
16% Mar. 30

22

98

99% Jan.

5

Jan.
Jan.
Jan.
Jan.
9% Jan.

14

Feb.

25

% Mar. 26
% Mar. 26
3% Mar. 30
%s Feb.
6% Mar. 26
2% Jan.

1%
1 %
8%
%«
3

Jan.

3
17
3
10
8

Standard Wholesale Phos¬

19,500

phate Ac Acid Works
20
49,100 Starrett (The) Corp v t c..1
300 Stein (A) At Co com
•

6%%

3,200

"~7~, 200

150

325
350

350

4,000
1,800
7,500
1,550
400

1,100
3,200
400

preferred

..100

Sterchl Bios Stores Inc.....*

3%

4X

10

Sale
12

2% Mar. 29

8%
2%

Sale

2% Mar. 30
24% Mar. 31

Stetson

6

4%
2%

(S) At Co Inc

...*

Sullivan

Machinery Co

13
Sale

*

600 Sunray Drug Co common...1
66,100 Sunray Oil
1
2,100
5%% conv preferred.....50

100

"""300

4
2

1%

...5

Stroock

Sale

25

9,300
2,400
3,300
6,100
40,200
9,100

18,400
5,100
5,700
9,700
102,600

36,100 Teck Hughes Gold Mines

50

For footnotes




Taggart Corp com .........1
Tampa Electric Co
•
Tastyeast Inc class A.......1
Taylor Distilling Co
1
Technicolor Inc common
•

125 Tenn El Pow 7% 1st pref..l00

see

page 53.

3% Mar.

2

1

2% Jan.
11% Jan.

16%
Sale

30%

34

Mar. 11

7

Mar. 11

7

Mar. 31

6% Mar.
1
4% Mar. 16
2% Mar. 4

4

1%
9%
8%

12%
3

33

2%
11
9%

14%
Sale

36%

Sale

4

Sale

3% Mar. 29

2

Sale

2

5%

"2% "2%

4

Sale

V* c\*
7 %
7
8

2%

25%

Sale

Sale

8%
Sale
31

Mar. 24

5% Mar. 24
1% Mar. 29
7 % Mar. 30
7
Mar. 29
8
Mar. 28

2% Mar. 31
31

5%
8%
109
111

4X Sale
27

16%
5%

29

Sale
Sale

4%

7

26g

5
28

%
%
1%
1%
20% Sale
5% Sale
47

53

2%
26%
%
%

14%
4%
35

Sale
28
Sale
1
Sale
Sale
45

10

Mar. 14

12% Mar.
3

Mar.

9
1

Mar. 22

31% Mar. 19

5% Mar. 11

5% Mar. 11

112

4%

6% Mar.
2
1% Mar. 16
10% Mar. 9

Mar. 11 112

2%
26%
%
%
14%
4%

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

44

Mar. 29

29
30
31
30
30
25

Mar. 11

4% Mar.
29

Mar. 17

% Mar.
1% Mar.
21% Mar.
5% Mar.

44

7
9
3
2
4

Mar. .29

28

20

Jan.

21

Mar. 11

Mar. 11
Mar. 31

3% Mar. 29
2

5% Feb. 17
12% Jan. 26

4% Jan.

2% Mar. 3
24% Mar. 3

26

100 Superior Port Cem B com.
$3.30 class A part......
Swan-Finch Oil Corp .....15
1,250 Swiss-American Elec pref.100

Mar.

Mar. 11

3%

6%, Sale

Sale

(John B) Co com...*

Stlnnes (Hugo) Corp

5

7

24% Sale

2d preferred

200

25,300

3
13

1st preferred..

.....50
20
10,000 Sterling Aluminum Prod
1
3,600 Sterling Brewers Inc
...1
16,700 Sterling Inc
1

4,000
2,300
2,750
8,800

2%
11%
100

Mar. 24

Jan.

8

4% Jan.
3% Jan.

25
10

8% Jan.

13
17
7

5% Mar. 24
1% Jan.
7% Mar. 30

2

Feb.

12

Jan.

7

10

Mar. 14

Jan.

Feb.

1

Jan.

18

Mar. 22

36% Feb.

1

Jan.

15

11

Jan.

15

5% Mar. 11

7

Feb.

23

116% Jan.

21

8

Mar. 28

2% Mar. 31
31
11

103

Feb.

8

2%
26%
%
%
14%
4%

Mar.
Feb.
Mar.
Mar.
Mar.

44

Mar. 29

29

31
30
30
Mar. 25

5% Jan. 10
29% Jan.
8
X Jan. 10
1% Jan. 11
21% Mar. 2
5% Jan.
5
48
Jan. 27

NEW

CURB

YOKE

EXCHANGE

49

PRICES IN MARCH

NEW TORE
CURB EXCHANGE
n*

?:
6,

STOCKS (Concluded.)
Texas PAL 7% pref
Texon Oil A Land Co.

Ask

Bid

Mar

Ask Bid

Bid

31

Lowest

Ask

10'
.....2

9

Tilo Roofing Inc.
Tlshman Realty 8c.

Sale
11
Sale

4

Thew Shoxel Co common...5

8

......1

~4X

Sale

3X

1054 Sale

ex

Sale
Sale
7% Sale

Sale

10

Highest

Lowest

Sale Prices

Sale Prices

Tobacco Prod Export*......*
Tobacco Secur Trust Co Ltd

1.

Am dep ret* ord reg ihi.Jl

3:

Am dep ret* def reg...
5s
Todd Shipyard* Corp......

96 X Mar. 17
3 X Mar. 29

ex Mar. 29
7X Mar. 31

97% Mar. 16
4X Mar.

1

11 % Mar.
1014 Mar.

1
4

50
214

57

2 54

16 H
17 54
2
254
4414 Sale

53M

67 X

52 J

3%

21

1614
2X
55X Sale

13X

15i%

A*

44

67X
Sale

Mar. 18

50

Mar. 18

50

2X Mar. 31

3X Mar.

2

Mar.

2

10014 Mar.

1

iex

A*

46

Trans-Lux Plct Screen com.l

Transwestern OH Co

-.10

Tri-Contlnental Corp Warr..
Trunx Pork Store* Inc
....*

314 Mar. 29
614 Mar. 29
714 Mar. 31
Feb. 17
Mar. 18

5
50

214 Mar. 31

100

X
54
2% Sale
614 Sale

X Sale

Mar. 24

% Mar. 25
2% Mar. 4

Mar.

Jan.

2

454 Mar.
% Mar.
7X Mar.

7

X Mar. 3
7X Mar. 16

414 Mar.
% Mar.
714 Mar.

m

5X Mar. 26

854 Mar.

514 Mar. 26

7X

ex

Mar.

2

2

Mar.

1,

Common........

1

Glass A..................1

Tung Sol Lamp Wks
80-cent dir

com...

1

pref..........*

Ulen A Co 714% pref
...25
5% preferred...—.......25
Series A preferred..
Series B pref

3,
5,
1,

16,

Unexcelled Mfg Co Inc

..JO

25

Sale

s*

m

......

23
Sale

5X Sale

254
114

10

Sale

2%
3
U

2
1

*

Union Investment Co com..*
Union Premier Food Stores. 1
Union Traction Co
.50

Sale

24

Mar. 26
Mar. 31

3

5X Mar. 31

Mar. 3
2% Mar. 2
OX Mar. 10

IX Mar. 26

2% Mar.

2

30

lg F

—*
*

Union Gas of Canada

5X
17
2

714 Sale

1

13 X

13
5
12

5%
Sale

IX

2X

1

IX
IX

IX
2
Sale

1

11X
3X
10

12
5
Sale
4

1

Mar. 16

2

X Mar. 30
11X Mar. 30
3 J* Mar. 30
10

Mar. 30

2X Mar. 21

.

Mar. 16

2

IX
13X
5%
12 X
2X

Mar. 2
Mar. 9
Mar. 7
Mar. 12
Mar. 21

24

Mar. 26
Mar. 31

2

514 Mar. 31

214 Jan. 26
1 % Jan.
7
114 Mar. 26
2
Mar. 16
% Mar. 30
1114 Mar. 30
314 Mar. 30
10

Jan.

Jan.
Jan.

7^4

Tubize Chatlllon Corp—

29,
3,
10,
2,

314 Feb. 21

AS?
4

9814 Mar.
Mb Jan.
X Mar.

2% Sale
% Sale

Feb. 17
Mar. 18

5
50

A*

Mar.

4% Sale

% Sale
m

9814 Mar.
Xs Mar.
X Mar.

414 Jan.
7
12)4 Jan. 12
1014 Mar. 4

13
28
Feb. 26
Jan. 19
Jan. 22
Jan. 20
Jan. 21
3X Jan. 20
Jan. 11
Jan. 13
Mar. 16

114 Feb.
56

44

92

Edison 4% pref..100
7% preferred A........100

Tonopah Belmont Develop.. 1
Tonopah Mining of Nev
1

Highest

Sale Prices
Jan. 24
9614 Mar. 17 102

1514 Feb.
Mar. 29

44

Toledo

10,
16,
31,
12,

1

Sale Prices

Constr.. *

TobsccoA Allied Stock*....*

13,

Mar. 1

1938

J

are;

RANGE SINCE JAN.

Price
Jan. 3

3

214 Mar. 21

1114 Jan. 12
35

Jan.

11

314 Jan.
7J4 Jan.

12
12

214 Jan. 11
214 Jan. 12
214 Feb. 28
Mar. 16

2

114 Mar.
Jan.

15

2
14

614 Jan. 11
14)4 Jan. 21
214 Mar. 21

United Airraft A Transp—

45,

10 H Sale

Warrantee........
United Chemicals Inc—

.....

1,

Common

65,

4X
35
45
X Sale
56
*/
4
Sale

S3 cum partlc pref........*
Un Cigar-Whelan Stores. 10c

M:

United Corp warrants.....
United Gas common .......1

25'

$7 1st non-vot pref.......*
Warrants.................
United GAB 7% pref... 100
United Lt A Power com A...*

80,
2,
64,
1,

Common class B

*

IX Sale

........

92^ Sale

4X Sale

4X Mar. 30

9X Mar.

1

414 Mar. 30

2X

2

Mar. 25
Mar. 25

3% Mar.

7

2

Mar.

4

Jan.

Mar. 25

30

Mar.

34

jFeb.

.2X
35

29

30

3X Sale
354
4%
oaie

17 X
68

20
71

2X Sale
2X
3X
Sale
Sale

24 X
19 X
63

73

30

Sale

Mar. 25

Sale

Mar. 29
254 Mar. 30

4X Mar.

Mar. 31

92 X Mar.

% Mar. 29

% Mar.

254 Sale
69

Sale

69

% Sale

IX Sale
IX
3X
13 X Sale
19
Sale
60
71X

Mar.

Mar. 25

1X Mar. 29
2X Mar. 26
13X Mar. 30

69

20

X Mar. 26

1

14*Jan.
514 fJan.

Mar.

100

64

Mar. 24

Mar.

114
214
1314
1714

20

2

10
4

12

Mar.
Mar.
Mar.
Jan.

Jan.

6

114 Jan.

16 Mar.

Mar.

■

%jjan.

14 Mar.
14 Mar.
214 Mar.
69

2X Mar.
2% Mar. 17
24X Mar. 4

Mar. 30

18

1

Mar. 12

yi

64

$6 1st pref...............*
United Milk Products com..*
S3 preferred

9X Sale
4

....__*

....

13

77

Jan.

18

314 Jan.
4X Jan.

11
12

26l| Jan. 13
20

Mar. 24

United Molasses Co Ltd—

1,

Am deo rets for ord reg....
United N J RR A Canal.. 100

3,

Unit Profit Sharing com.. 25c
Preferred
....10

55"
44,
6,

k

United Shipyards class A...1
Class B
........1
United Shoo Mach com
25
Preferred
25
United Specialties common. 1

18

U S Foil class B

4

_....*

USA Internet Sec

com...

1st preferred with wart...*
U S Lines Inc pref.......
*
U S Playing Card com
10
U S Radiator com
..1

I:
i

i:

U S Rubber

Reclaiming....*
U S Stores Corp com.......
S7 Conv 1st pref...—_

3,

3,
43,
40,

United Stores Corp com vtc *
United Verde Extenoion. .50c

13,

Universal Corp v t C........1

United Wall Paper
Universal Consol OU Co

Universal Insurance.. .....8
Universal Pictures com.—1

1

12

2,

10

Universal Products Co
Utah Idaho Sugar Co......5
Utah Pr A Lt 37 pref......
Utah Radio Products com.

3

Utility Equities com ....._.*
Priority Stock.......__..*
Utility A Ind Corp com.....5

2

1,
7,
20

6%

6X

6X

8

11

254 Sale
1
IX
71
5

5X

«8f

Sale
5X
Sale
a

\*

50 X Sale
IX
IX
21X
22 X
2 fx

3

IX

2X

4 $

2X Sale
5
8X
IX Sale
9

13

3X

IX

11
8%
6% Sale

Valspar Corp common......1
$4 conv pref....
..5

3
5

Van Norman Mach Tool com 5
Venezuela Mexico OU—10

35,

Venezuelan

Petroleum.....1
Virginia Pub Serv 7% pref 100

3,

Vogt Mfg Corp...

...

Waco Aircraft Co...

S:

.♦
...»

Wagner Baking com v t c
*
7% preferred...........100
Wahl (The) Co common....*

514

6

Walker

Wayne Knitting Mills

1

Wentworth Mfg Co
..1.25
Western Air Express Corp.. 1
Western Grocery com.....20

9

Mining

!

52 U
114
22

554 Sale
IX Sale
50 X Sale
40 X Sale
2X Sale

ex
3
214
X Sale

X

'~5XMar ."30 "7%"Mar."15

Jan.

4

IX
50X
39 X
2%
3%
42

Sale

2

IX Sale

Mar,
1
Mar.
22 X Mar.
2
Mar.
1 % Mar.

29

Mar.

2254

2X Sale
11
Sale
254
3

11
7X

IX Sale

IX Sale
IX Sale
7%
11
1% Sale
6
9h
3%
eh
10
Sale
1
Sale

Mar.

1

69% Mar.

8

2

5X Mar.

55

Mar.

Mar.

4

314 Mar. 2
2% Mar. 15

30

Mar. 11
3m Mar. 11

2

Sale

41% Sale
Kb Sale
1% Sale
X Sale
X
2

2X Sale
26

12X

Sale

3X
IX

14H
3U
151

ex

ex

2X Sale
11

10

15

Jpi
35

2X
Sale

15

Sale

11

5
3

Willson Products Inc

i,

Wisconsin PAL

3,
12,
5,
2,
.60,

18,




Yukon Gold Co

8

8

Mar. 23
Mar. 29

53.

3*

Jan.

Feb.

19
14

Mar. 29

3

Mar. 29

10

1

1

Mar. 31
Mar. 26

Mar. 4
Mar. 25
Mar.

31

Mar. 26

1

Mar. 25
Mar. 30

IX Mar. 30
30
Mar. 17

2X Mar.

8X

5X

Sale

Sale

VA Sale
5X
8X

11

Mar. 31

2% Mar. 29
X Mar. 26
70% Mar. 14
5X Mar. 31

IX Mar. 29
5X Mar. 29

olH
36

IX Mar.

8

11
8

7

2X
3
8

Mar. 11
Mar. 31
Mar. 30
Mar. 29
Mar. 26
Mar. 30
Mar. 30

2X
Sale

7

3

214 Jan.
5k Jan.

17
3

2

Jan.

14

1714 Jan.

8

Mar.

4

1

8

Mar. 11

114 Mar.

3

6% Mar. 16
5

Mar. 22

554 Mar. 2
214 Mar. 11
4

Mar.

15

114 Mar. 30

Mar. 12

IX Mar.

Mar. 25

14 Jan.

7

114 Mar. 30
11

9

1

214 Jan.

25

26

2% Mar.

8

1614 Feb. 18
114 Jan. 10
43% Jan. 15

Jan.

3

'

1

12

Mar. 23
Jan. 11

5

1554 Mar. 5
3% Mar. 9
111 Mar. 3
71X Mar. 4
7% Mar. 22

Mar.

Mar.

314 Jan.

X Feb.

Mar.
Mar.
Mar.

36

Jan. 13
Mar. 29

8

8

4

IX Feb. 23
214 J&n. 13
11

IX Sale

*11"" Sale'

Mar.

5

31
3

Mar. 25

7

14
11
1
13
10

414'Jan. 20
314'Jan. 13
H Jan. 11

Mar. 23

Mar.

36

23

8

Jan.
Jan.

IX Mar.

4

16

Feb.

Feb. 21

_

Mar. 23
Mar. 18

3

77% Jan.

Jan.
3
Mar. 31

214
14
70
514

Mar. 29
Mar. 26
Feb. 23

Mar. 31

114 Mar. 29
514 Mar. 29
Jan.

3

1014

114 Mar.

28

44

Jan.

7

16

Jan.

314
114
7714
z7%

Feb.
Jan.
Jan.
Feb.

314 Jan.
11 %"Jan.
83
Jan.

8

IX Mar.

Jan.

4

7

28

1
Mar. 31
6
Mar. 30
414 Mar. 29

6

2% Jan.
6
40% Jan. 21

14 Jan.

Jan.
% Jan.
114 Jan.

6jf

18

14
6
10
28

8
4

12
10

Mar. 16

614 Jan.

314 Mar. 26
114 Mar. 30
214 Mar. 30
8
Jan.
7

11
23
18

Jan.
Jan.

12

17

Jan.
Jan.

8
13
7

Jan.

12

30X Sale
22

22 X

25

30X Mar. 31

61

Mar. 16

3014 Mar. 31

75

19X

195* Mar. 30
9% Mar. 2

22 H

Mar. 14
Mar. 2

1914 Mar. 30

2214 Mar 14
914 Mar. 2

6714 Mar. 29

16

Sale
7
Sale
Sale

72
Mar. 16
214 Mar. 4
514 Mar. 17
5
Mar. 11
314 Mar. 1
3Ae Mar. 16
% Mar. 15
9)4 Mar. 7
814 Mar. 9
60
Mar. 23
214 Mar. 11
514 Mar. 21
6)4 Mar. 4

Mar. 29
Mar. 25

20

Mar. 25

Mar. 30
Mar. 28

4X
5%
4% Sale

25?

2%

Mar. 25
Mar. 2

7

8

8

ex

9

7
60

Mar. 24
Mar. 26
Mar. 29

i*
10

1

5

Mar. 30

VA Mar. 30

X Mar. 28

11X

7% pref.100

Woodley Petroleum Corp...1
Woolworth (F W) Ltd—
Am dep rets ord shs
...5s
Wrlght-Hargreaves Ltd.....*

Mar. 30
Feb. 11

2

Mar.

7%

i*

...*

Wolverine Port Cement.... 10
Wolverine Tube Co com
2

Mar. 29

1
22

Mar.
Mar.

2X Sale

7

tWil-Low Cafeterias com—.1
Convertible preferred. _._*
Wilson Jones Co com.......*

i:

10

"814 Feb" "23

AnX

42

83

Weyenberg Shoe Mfg Co
1
Williams (R Q A Co.
..*
Williams Oil-O-Matlc Htg...*

com

12

614 Jan.
6% Jan.
114 Jan. 11
57
Feb. 28
1% Jan. 10

Mar. 25

36 preferred.............*
W Va Coal A Coke

Jan.
Jan.

1

42 X Feb.

IX Mar. 30
37
Mar. 25
X Mar. 26
IX Mar. 30
X Mar. 28
X Mar. 7

354
IX

7% 1st preferred.......100
Western Tablet A Stationery

1

Jan.
4
214 Mar. 26
314 Mar. 31
Mar. 30

pi

Mar.

2% Mar.

Western Maryland Ry—

2

Jan.

IX Jan. 20

114 Mar.
214 Mar.

IX Mar.23

5

9

10
?8 Mar. 30

IX
1*/
31
39;
X Sale
IX Sale
% Sale
Jb
2
ex
io

354
IX

2% Sale
8X
11

614 Jan. 28

39

%j Mar. 29

Mar. 25
Mar. 29

Mar. 31
Mar. 26
Mar. 26

5

1% Mar. 11
23

30

1

1

% Mar. 28

1

Mar.

2

Mar.

6

30

29

Mar. 29

41

Mar. 11
Mar. 21

% Sale

IX Sale

Mar. 28
Mar. 30
Mar. 4

Mar. 26
Mar. 31
X Mar. 30

X

"I"" Sale
22

H

9%

Sale

4

57

154
2254
314

5

21 230

9

—J

Common.
Westmoreland Coal Co.....*
West Texas Utilities Co—

Jan.

14 Feb.

12

8

1

Mar.

8

Wellington Oil Co common..1

13

614 Jan.

1

Weisbaum Bros-Brower Co*.]

5

514
Sale

6

13

Waltt A Bond Inc class A..*
Class B

3

ex

X

Mar. 25

2X
2X
42 X Sale

7% preferred...........103

9

Sale

2

6814 Sale

Class B common..........1

2

5

IX

4X

IX

Conv preferred—.........7
tUtll Pow A Light com
1

3

ex

228

—~T

~2X

2%
4X Sale
ex
7

2%

17X

15%

7X

Sale

IX Sale

5

ex

8

IX

3
5X
ex

iex
Sale

2%

"2% "3""
3X Sale
ex Sale
15

15%
ex sale
IX Sale

2

Mar. 23
Mar. 29

3X Mar. 31
6

Mar.

9

91*

9

Feb. 10

Mar. 30
Mar. 28

Mar. 25
Jan.

10

14 Mar. 24
8

7
60
2

Jan.

31
Mar. 29

Mar. 23
Mar. 29

72

Mar. 16
214 Jan. 18
714 Jan. 10
514 Feb.
9
Jan. 18
Jan.
4
1
Jan. 14
10
Jan. 14
9

66

3H Mar. 31

3
7

6

6

Jan.

21

14)4 Mar. 18
OX Mar. 31

1514 Mar.
8% Mar.

9
1

1414 Mar. 18
614 Mar. 31

IX Mar. 30

114 Mar.

4

114 Mar. 30

"si

Feb.
Feb.
Jan.

11
12

Jan.
Jan.

24

9

11

Jan. 28
Feb.
3

214 Jan.

11

NEW

50
AGGREGATE
In

March

TOEK

EXCHANGE

CUBE

RANGE SINCE JAN. I

PRICES IN MARCH

SALES
NEW YORK
CURB EXCHANGE

Since
Jan. 1

Price
Jan. 3

Bid

Ask

Ask Bid

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Mar. 31

Mar. 1

1938

BONDS

188,000
11,000
87,000
86,000
6,000
91,000

18".666
367,000

15,000 Abbott'* Dairy 6«
534,000 Alabama Power 4Hi
1st Ac re* 5i
39,000
237,000

1942
W
1968

235.000

1st 5a-.-.

im

99

5,000
211,000

5* registered

104 Vi 102 Vi 104 Vi
67 Vi Sale
Sale
76
80
81
71 Vi Sale

80 % Sale
91 % Sale
86 % Sale

1946

1956

—

98% 102

s7^

101

1st ft »•♦*a.1. ..........iwi

iopioevi
107
Sale

"82" "79" "82"

"92"" "94"

58 Registered.........1951
7,000
194*
57,000 Aluminium Ltd 5s..
955,000 Amer Gas ft Elec deb 5s .3028

90 Vi Sale

106 Vi

67% Mar. 31
80
Mar. 12
71% Mar. 31

73

Mar.
1
91% Mar. 16
80% Mar. 29

92

90

81

77

Mar. 22
Mar. 7
Mar. 22
Mar. 23

103H Feb. 25

Jan.

Jan.
Jan.

3
3
.3
Jan. 13
99
Mar. 16
Jan.
6
92
Feb. 25
80
5
107% Jan.
108% Jan. 14

Jan.

Jan.

¥

71% Mar.
89

Jan.

91% Mar. 16
83
Mar. 7

91% Mar.

106% Mar. 10 106% Mar." 4
Mar. 15
106% Mar. 31 108

106% Feb.
106% Feb.

107

107 Vi 106 Vi Sale
Sale
106v4 Sale

6s—.2016
991,000
77% Sale
243,000 Amer Radiator deb 0 Hs. 1947 105% 106 vi
79
Sale
50,000 American Seating 6s stpd 1946
247,000 Appalachian El Pr 5s
1956 105 Vi Sale

71 %
105 Vi
87

Sale

58% Mar. 31 73% Mar. 2
58% Sale
104% Sale 104% Mar. 31 106% Mar. 15
84
Mar. 1 87% Mar. 3
86% 87

191,000 Appalachian Power 6a_..2024

109

Sale

108% Sale

-

102
65
78

79
80

Jan.
Feb.

Jan.

American Power ft Light

282,000
172,000
6,000

66,000

66,000

167,666
262,000
226,000
4,000

212",000
4,000

129,000
11,000
215,000
10,000
133,000
29,000
18,000
80,000
42,000
72,000
4,000

379,000
885,000
630,000
35,000
1,000
667,000
4.000
400,000
14,000
613,000
44,000
462,000
153,000
147,000
192,000
62,000
136,000
7,000

5s

1941

Ark Louisiana Gas 4s

1951

Arkansas Pr ft Lt 5s.....1956

Associated Elec 4Vis
Assoc Gas ft Elec

.1W

«%•—19«k

110"
107 Vi
99 %
92
36
27

lllvl
107 vi
100

36 Vi
26

4Vis registered........1948
/>s....

,•

1968

...

5s registered......
5hs 1st

5 Vis

lnr ctfa reg

1938

IHs series G rnmmmmmmmrnm .1949

..1977

5%SCons deb 8s...

..

Assoc Gas ft Elec Corp

Conv deb 4 Vis
\mmoc Tel ft Tel

.

.19W

195*

..

Atlanta Gas Light

414a.. 1955
Atlantic City Elec 3Vis.. 1964
Avery (B F) Sons 5s w W..1947

87% Sale
Sale

28

30

20% Mar. 31

87% Mar. 31
Mar. 30

94% Mar.
37
26

21

"62"' "64"

"84Vi "86" "74"" "78"

26
80
75

Mar. 29

91

"28"" Sale'

"25Vi Sale"

20% Sale
25
Sale

20% Mar. 30

26
33

21% Sale

213
523

28Vi

Sale

34
31

33
35
29 Vi Sale
53
Sale
50
Sale
72 Vi
73 Vi
93 Vi
94

37
Sale

5s. 1973
1973

5Vis A

30

20% Sale

Sale
Sale

Sale' "22"" Sale'

"29%

.1968

ctfc.......... 195*

108% Mar. 31 110% Mar.

72

92Vi

Sale

95

Jan. 13
58% Mar. 31 81
104% Mar. 31 106% Mar. 15
79
Jan.
3
90
Jan. 14
104% Jan. 27 105% Jan.
3
Jan. 14
112
Jan. 12
Feb. 24
102
95% Jan. 11

5 107% Feb.
106% Jan.
98% Mar.
86
Jan.
2

16! Vi Sale" "99% Sale" "98% Mar."§! !62"""Mar""9
93 Vi

Sale
Sale
29

Sale
Sale

99vi

49

62%

96

65
Sale
Sale
Sale

94
97
91

99v

90

25

62)
933

Mar. 31
Mar. 26
Mar. 28

Mar. 31
Mar 31
Mar.
8
Mar,
Mar. 30
Mar. 4

"29~"

Mar. 2
Mar 25
.

Mar.

27% Mar.
92Vi Mar.

21

8

26

l!

62

1
1
9
3

97
91

96
Mar. 31 100
Mar. 31 95

Mar. *4
Mar. 3
Mar. 9

57

Mar.

Mar.

41% Jan.

64%
20%
25

21%
46
42

33

19

10

27% Mar. 8
92% Mar. 11

Jan.
Jan.
Mar.
Mar.
Mar.
Jan.
Feb.
Mar.

Mar. 11

91
29

Jan. 10
Jan. 13
Jan. 10
Mar.
1
Mar. 9
Jan. 13

36
34

54
50

80
96

62%
92% Feb.

Mar.

57

10
16

Jan.

28

Mar.
Mar.

97
90

Feb.

Jan.

Mar.

20% Mar.
26% Jan.

6

Mar. 11
Mar. 2
Mar. 16

30% Mar.
54% Mar.
50% Mar.
72% Mar.

30

Mar.

Mar.

Mar.
Mar.

100

Feb.

95

_

3
9

Baldwin Locomotive Works

408,000
94,000
134,000
90,000
8,000
73,000
23,000
5,000

170,000
238,000
178,000
46,000
169,000
37,000
94,000
5,000
42,000
31,000

294,000
281,000
409,000
146,000
49,000
10,000
9,000

56,000
190,000
11,000
16,000

1,335,000 ♦Convertible 6s. ...—1950
369,000 Bell Tel of Canada 5s.._.1955
228,000
1st U 5s ser B June 1 1957
5s series C
.....1960
140,000
56,000 Bethlehem Steel 6s—1998
229,000 Birmingham Elec 4V4*...1?68
75,000 Birmingham Gas 5s.....1959
46,000 Broad River Power 5s A.. 1954
260,000
470,000
504,000
122,000
485,000
174,000
249,000
30,000
51,000
59,000
795,000
440,000
668,000
517.000

Canada Nor Power 5s.... 1953
Canadian Pacific Ry 6s.. 1942
Carolina Pr ft Lt 5s.—.1956

Cedar Rap Mfg ft Pow 5s. 1953
Cent 111 Pub Serv 4 Vis F. 1967
5s series E... .........1956

Cent Ohio Lt ft Pr 5s A..1950
Central Power 5s ser D.. 1957
Central Pow ft Lt 5s.....1956

Cent State* Elec

5s

.......

—

1948
5 Vis
...1954
Cent States Pr ft Lt 5Vis.l953
Chicago Dlst El Generating
145,000
4Vis series A
1970
6s series B.
.1961
14,000
Chicago 111 Midland Ry—
63,000
4Vi» series A....
...1956
Chicago Junction Rys ft
Union Stock Yards 5s. .1940
107,000
396,000 t*Chtc Rys 5s ctfs of dep.'27
40,000 Cincinnati Street Ry 5Visl952
......

73,000

6s series B.—.......1955
Cities Service 5a.

372,000

119,000

5s.....—.
—1969
226,000
462,000 Cities Service Gas 5Vis.. 1942
197,000 Cities Serv Gas Pipe L 69.1943
941,000 Cities Service P ft L 5 Vis. 1952
442,000
5Vis gold deb .........1949

337,000
282,000

5s

1966
........1940

registered

37 Vi
39 vi
44 Vi

99
90
93

Sale
Sale

92 Vi

106 vi 106 vi

44%

47
90

5s....

..

Sale

93% Sale

89
96
Sale

85
,

Sale
105 Vi 108

140

Sale

Sale

vi

Mar.
Mar.

89% Mar.

Sale
Sale

68% Mar.
79% Mar.
23% Mar.
24
Mar.

23% Sale
24

Sale

33

Sale

106

Sale

105% Sale
91

96Vi

50

Sale

44

Sale

"58Vi Sale"

............1958

58%
Sale
52 h
52 X

101 Vi
Sale
Sale

98 Vi
101 Vi
55
56

Sale
Sale
Sale
Sale

Sale

45% Sale
45% Sale
89% Sale
94

Sale

40
40

Sale
Sale

1

Mar. 7
85% Mar. 22
115
Mar. 17
90% Mar. 4
99
Mar. 16
98
Mar. 16
89
Mar. 2
94
Mar. 2
108

94% Mar.
93
85

1

Mar. 1
Mar. 28

104% Mar.

113% Mar.
86% Mar.

72% Mar. 23
88% Mar. 3
37% Mar. 1
37% Mar. 2
45% Mar. 2

32% Mar.

Mar. 30
105% Mar. 1 107
105% Mar. 31 106% Mar . 29
88

Mar. 28

93% Mar. 22

47% Mar. 30
43% Mar. 30

64% MAr.

7

57% Mar.

57% Mar.

100

64
78

Mar.

Sale

90
79

73

Mar. 25

78% Mar.

Mar.

106 vi—— 103% 105% 105% Mar. 24 106% Mar.
',0,,
Mar. 31
46
Sale
51
Mar.
42% Sale
Mar.
83 Vi
84
8 85% Mar.
88 Vi 75
Mar. 16 89
89
Mar.
90Vi 80
90% 88
64
Sale
57 Vi Sale

Sale

57

58

's*

90

62

Sale

94

98

105 Vi

93

Mar,

71% Mar.

101% Mar.
100% Mar.

100% Sale
Sale
84Vi 73
114
114% 113% Sale
Sale
86
89 Vi Sale
—

Sale
Sale
Sale
45 Vi Sale

40

137

1

79
Feb. 25
114% Jan. 18
122% Feb.
2
122% Mar. 21
140
Mar. 25

113% Mar. 10 111% Mar.
Mar.
120% Mar . 10 118
122% Mar. 21 120% Jan.

71% Mar.

84%

96 Vi
96 Vi

118
121

102% Sale

104 Vi Sale
107 k

77

Mar.
Mar.

111% Mar.

71% Sale

87 Vi
37 Vi
37 Vi

Sale

85
89 Vi

83

69

70

59

Sale

88
94

105 Vi 106 Vi
105 Vi 108

91 vi

64

1950

Conv deb
5s

91
66
86 %

57
Sale
76 Vi Sale
112Vi Sale 111% Sale
120Vi Sale 118% Sale
121
121 Vi 121% Sale
135
142
137% 140
78
Sale
71% Sale
79

85

103 Vi 103 Vi
106 Vi 107
96 Vi Sale
114
115
Sale
Sale
99
88

168,000

53,000

82

98

1*81

Sale
Sale

121% Sale
129% 130
79
si ji
56 Vi
57 vi

4 Vi« series H

1,000

157,600

120

5s Series G...........1V68

140,000
2,595,000
1,000

68,000
1,057,000
„

67

112% Sale

59

Mar.

59%

Mar.
Mar.

99

Mar.

102

40

Mar.

Mar.
Mar.

Jan.
Feb.

Jan. ii

12
3

104% Mar. 1
108% Jan. 18

101% Mar.
100% Mar.
73

98
115

85

13

Jan.

11

101% Jan.
99% Jan.
91% Jan.

94% Mar.
93
Mar.

Jan.
Jan.

93

Mar.
113% Mar.
86% Mar.

17

6

6

6
Feb. 23
96
72% Mar. 23
Jan. 15
79% Mar. 31' 90
Jan. 14
23% Mar. 31 41
Jan. 12
24
41
Mar. 31
32% Mar. 31 46% Jan. 17

Mar.
89% Mar,
66% Jan.

105% Jan,
105% Jan.
88

5 107
11

Mar. 28

Mar. 30

107% Jan. 24
Jan.

95

11

8
2
2
7
3
4
2

47% Mar.

65

43%
57%
42%
43
89%

60% Jan. 10
57% Mar. 7

3

7

Mar.
Mar.
Mar.
Mar.
Mar.

40
40

Jan.

Feb.

59

59% Mar.

24
4

Feb. 23
4
102% Feb.
Feb. 24
57
57% Feb. 24

Mar.
Mar.

70

Feb. 25

100

91% Mar.

Mar.

88

85
67

87

24 106% Jan.
5
42% Mar. 31 52% Jan. 15
83
87
Jan.
7
Feb.
3
88
Mar. 16 91% Feb.
7

56% Mar.

40

Jan.
71% Mar.
55% Jan.
71% Mar.

7 105% Mar.

Mar.

69

42% Mar.
43
Mar.
89% Mar
91% Mar.

130

♦Commers und Prlvat

39,000

116,000

Bank 5Vis—......

1937

112,000
99,000
81,000
3,000
7,000
4,000

277,000 Com'w'lth Subsld 5 Vis A.1948
223,000 Community Pow ft Lt 5s. 1957

139,000

422,000

185,000 Community Pub Serv 5s A1960
3,000 Conn Ltg ft Pow 7s A....1951
37,000 Con sol Gas of Bait'5s.... 1939
25,000
4Vi s—..—... ...1954

87 Vi

70

99% Sale

106 Vi 108

103
Sale
103
Sale
Sale
63 Vi
64 Vi 53
96 Vi Sale
96% Sale
126% 130
125% 130
105 Vi 107
105
107

120 Vi 125

121% 124

103 Vi Sale

105% 105% 105% Sale

103 vi 105
59 Vi Sale
94 Vi

127

95 Vi
128

122% 124

5

99% Mar, 31

102% Mar 29 103% Mar.
52
Mar 30 64% Mar.
96
Mar 10 97% Mar.

126% Mar

18

127% Mar.

8

99% Mar. 31

3 102% Mar.
52
Mar.
3

Jan.
Jan.

2

Feb.
9
Mar. 9
Jan.
4
Jan. 31

9

105% Mar 26 105% Mar. 7
8 122% Mar . 14
122% Mar

29 104
67
30
94% Jan.
4
97%
126% Mar. 18 127%
105% Mar. 26 106%
120% Feb.
7 122%

5
15

Cor sol GBLftP Bait—

-.1971

3Vis series N——

105% Mar.

5 106% Mar. 14

103% Jan.

3 106% Mar. 14

Consol Gas Utilities—

96,000
651,000
27,000
30.000
15,000
98,000

194,000
1,308,000

96,000
13,000
174,000
165,000
35,000

307,000
43,000
438,000
381,000
143,000

32,000
36.000

56,000
93,000
49,000

31,000

313,000
73,000
448,000
10,000
17,000
70.000
?

203,000

6s A stamped
1943
Continental G ft EI 5a ...1958

...1940
55,000 Crucible Steel 5s
62,000 Cuban Telephone 7%s__194»
,...1944
84,000 Cuban Tobacco 8s
303,000 Cudahy Packing Co 3 Vis. 1955
..

Delaware Elec Pow

5 Vis..1959

62

61

Sale
Sale

78
101 Vi 102 Vi

97
50

101 vi

64%

108 Vi

100% 101 Vi

*

103

-

104

Detroit Int Bdge 6 Via—1952
♦Ctfs of deposit.........

4%

5

4

5

♦25-yr s f deb 7s
...1952
♦Ctfs of deposit.........

1%
Vi

JVi

967,000 Eastern Gas ft Fuel 4s A. 1956
359,000 Edison Elec Ilium 3%s...1965
1,057,000 fc-lev Pow £c Lt 8»_ ........2030
31,000 Elmlra Wat Lt ft RR 5s.. 1956
73,000 El Pas6 Elec 5s A........1950
188,000 Empire Dlst Elec 5s
1952
512,000 Empire Oil ft Refining 5 Vis' 42
Ercole Marelll Elec Mfg
6 Vis ..........

1953

Erie Lighting 5s..

IVi

67 Vi Sale
107% 107 Vi
68
104
101

84

Sale
Sale
Sale
87

5
5

74
Mar. 25
Mar. 10 102% Mar . 19
Mar. 31
98
Mar. 3
Mar. 30 52
Mar. 11

90% Mar. 30

93% Mar.

1

i»

Sale
Sale
Sale
Sale
Sale

86%

68% Mar.
107

77% Mar. 1
108% Mar. 10

Mar.

69

53% Mar.
100
98

104
102

Mar.
Mar.

83% Mar.

73 Vi

81

Sale

72

Sale

72

Mar.

55

65

53

60

43

51

46

Mar. 30
Mar. 30

103Vi Sale

105

67 Vi Sale

65

105% 103% 105% 104
60

Mar.

4

Mar. 17
Mar. 2

90% Mar.
83
Mar.

71 Vi

1967

1954

Vi

77% Sale
69%
Sale 107
Sale
53%
104% 100
102% 98
83
Sale

136.000 Federal Water Serv 5Vis.l954
Finland Residential Mtge
6s stamped
112,000
.........1961
201,000 Firestone Cotton Mills 5s. 1948
207,000 Plreatone T ft R Col 5s.. 1942

Power ft Lt 5v

4

Mar. 17
97% Sale
97% Mar. 31 102
Mar. 22 109% Mar. 18
108% ..... 109
92
Sale
91
Mar. 31 103
Mar. 2
93
Sale
93
Mar. 31 104% Mar.
6
4%
5
4
MaP. 25
5% Mar.
5%
5
Mar.
3% Mar. 25
1
Mar. 4
1% Mar.
%
1%
1% Mar.
% Mar. 28

107%
68%
103
101%
88%

54,000

650,000 Florida

101
91
47

62% Mar.

Sale

m m

36,000
210,000

4,000 First Bohemian Glas« 7s. 19*7
149,000 Florida Power Co 4s C...1966

58% Mar. 31
63% Mar. 31

109%
102% Sale
104% Sale

21,000
65,000

78,000
98,000
47.000
1,000
80,000
250.000

58% Sale

73% Sale
63% Sale
101% 102% 101% 102
91
Sale
96%
98
45
50
50%
55
90% Sale
93% Sale
100

100% Sale

Denver Gas ft Elec 5s....1949

Detroit City Gas 5s B...1950
6s series A............1947

63

9
7

53

Mar.

8

105% Mar.

3

Mar.

85%

Sale"

58

105
102% 104
104% 104% 102% Sale
104
Sale
104% 104
92
95
92
Sale
81%* 82% 79
82
Sale
74% Sale

102

71% 80
102% Sale

83
102

Mar. 18

102

102%
104 ji 105Vi
1.05 Vi 106 Vi
94
100

Sale

Mar. 25 102

Mar. 25

Mar'.

Mar*.

67%

104

Mar. 29

97% Mar.
108% Jan.
91
Mar.
93
Mar.
4
Mar.
3% Feb.
1
Feb.
% Jan.

Mar.

Jan.
Feb.

2

7

Jan. 25

103% Jan. 13
109% Mar. 18
Feb. 24
105% Jan. 18
5% Feb. 21
Feb. 21
5
1% Jan. 14
5
1% Jan.
103

14
19
14
3

18
9
7

Mar. 30 56
Feb.
4
102% Feb.
7 105% Feb. 24

58

103

Mar. 19
Mar. 12
Mar. 2
Mar.
1

12
10
18

46

105
92
85
82

Mar.
Mar.
Mar.

Jan.

67
Jan.
3
79% Jan.
106% Jan. 28 108% Feb.
53% Mar. 31 71% Jan.
100
Mar. 31 104% Jan.
98
Mar. 31 102% Feb.
83% Mar. 30 90% Mar.
72
Mar. 31
83
Mar.

102

.

102% Mar.

74

Feb. 16 103
Mar. §! 100
Mar. 30 55
90% Mar. 30 96%

2

67

Jan.
Jan.

65]
80]

101
91
47

104% Mar 14
104% Mar. 19

Mar.

104
92
79

58% Mar. 31
63% Mar. 31

Feb. 29
Mar.

102% Mar.
92
79
74

Jan.
Mar.
Mar.

Mar.

71% Jan.

11

Feb. 21
4
105% Jan.
105% Jan. 10
Jan. 21
95
Mar. 2
85
87% Jan.
4

105

•

Gary Elec ft Gas—

48,000
217,000
2l000

641000
46,000

lOO.000

5s ext stamped ........1944

697,000 Gatlneau Po-»er 5s......1956
5s registered
2.000
1956
110,000
6s...
1941
6s series B...
81,000
1941

For footnotes




see page

53*

83
84Vi
103 Vi Sale

85%

86%

104% Sale

15! Vi Sale" ioi% 102"" !66"~ Sale"
101 Vi 101 Vi

101% Sale

100

Sale

99%
100

Mar. 31

86% Mar
104% Mar.

30 101 %

Mar. 191101% Mar.

9

1

11
1

83
Jan.
7
89
Jan. 20
102% Mar. 31 104% Feb. 17
102

Mar. 25 102

Mar. 25

99% Mar. 30 101% Jan. 10
Mar. 19 101% Jan. 31

100

April, 1938]
AQQREQATE

NEW

SALES

In

March

3,000
17,000
296,000
17,000
6,000

76,000
3,000
60,000
24,000

BONDS (Continued)

Gen Bronze

deb 6s. 1940

conr

♦Gen Rayon Ltd 6s A.... 1948
Gen Wat Wks & El 5s A.. 1943

1967

Georgia Power ref 5s

...

22,000
109,000
10,000
18,000
63,000
19,000
72,000
73,000

39,000
38,000
70,000
216,000
211,000
15,000
4,000
42,000

....1948

Hackensack Water 5s A..1977
Hall Printing 6s A stpd..194^

♦Hamburg Elec Co 7s

1935

♦Hamburg E A Und Ry5V<5s 38
Houst Gulf Gas 6 He w w

1943

6s

1943

Houston Lt A Pr 3)4*

90

Sale

10734 Sale
74

50

53

36

38

Lowest

Sale Prices

66

Mar. 26

Mar. 10

72
76

7
Mar. 10

Mar. 18

7254 Mar.

Mar. 31

85

83
Sale

62

Mar. 31

78
Sale
8334 Sale
5734

74

78

76
67
78

29

60

68H
7834 Sale
57

5334 Mar. 18

Mar.

1

Mar. 22

5654 Mar.

2

a3l34 Mar. 15 03154 Mar. 15

6634 Sale
6234 Sale
6234
50
57
57
5834
54
9234
9334 84
8634 87
10734 ----- 10734
107
62
Sale
45
60
5234
5334 Sale
5734
59
5334
.

10534
7634 Sale
2234 30
32
84

9734 100
10234 10354

1966

35

Sale

Mar. 31

67

Mar. 24

5654 Mar. 10
9354 Mar. 8

Mar. 17

9

Mar.

Mar. 29 10754 Mar. 29
Mar.
1
Mar. 24 62

A

-

17

25

17

25

Sale

59

Sale

65

58

Illinois Nor Utll Be

1957

Illinois Pow A L 534s

534s series "B"

1957
1954

6s series A

10634 la8
83

74

90

9134

89

1953

96

5s series C

1956

Corp 6s A.. 1947

84 54 Sale
8434 Sale
88
93 34
7234 Sale

634s series B

....1953

5s series C__

1951

......

Sale

80

83

11134
10634 10734
53
56 34
55

95
86

Sale

44

24,000
17.000
41,000
31,000
41,000
7,000
3,000

Mar. 18
Mar. 31

Sale Prices

73

Jan.

6

8754 Jan.
74
Jan.

6
12

76
78

8
12
15
10

Feb.
Jan.

8854 Jan.
68

5354 Mar. 18
3354 Feb.
7

3354 Feb.

62

Feb.

7154 Jan.

14

54

Mar. 24
Mar. 17

Jan.

12

87

8

Jan.

.

_

80

78

15

4334
41

Mar. 31

58

Mar.

2

53

Jan.

36

Mar.

7

29

Mar. 29

8

30

59

Mar.

1

43

Mar

30

5854 Mar.

3

43

Sale
Sale

86

Sale

76

78

82

79

83

89

8934 Mar. 21

68

65

Sale

65

109
71
8034
11034 110

Sale

109

81

75

38

10534 Sale
54

Sale

60

Sale

10134 Sale

58

59

10734 109
Sale

4351 Sale
2551 1 Sale

42

69 5<j
63 b

69

Sale

2434 Sale

52

60

Sale

52 34

Sale
Sale
Sale
Sale

10734
3534
1834

Mar. 31

Mar. 30

76

8034 Mar. 30

110
11034 J.
10634 10634 10534 10634 10634
47 34
5334 Sale
4534
Sale
43
5234 Sale
60
52
61
Sale
59

110>4

7 108

10734 Mar.

78

58
64

Mar

43

86

65

109

43

45

Sale

Mar. 16

59

5s series D
183,000
1956
249,000
434s series F
1958
188,000 Iowa-Nebraska LAP 5s..1957
5s Series B
72,000
1961
97,000 Iowa Pow A Lt 434s A
1958
190,000 Iowa Pub Serv 5s
1957
52,000 Isarco Hydro-El 7s
4952

15,000 Isotta Fraschinl 7s...._.1942
Italian Superpower 6s...1963

630,000

142,000 JacksonvilleGas 5s stmpdl942
305,000 Jersey Cent P A L 5s B
1947
866,000
434s series C
1961

52,000 Kansas El Pow 334*
24,000 Kansas Gas A Elec 6s
104,000 Kansas Power 5s A
134,000 Kentucky Utilities 5s
5s
117,000
41,000
634* scries D........
44,000
534* series F

1966

Sale
6654

5734 Sale

Sale

93

Sale

95

89
106

93
Sale

Sale

99

Sale

55

Sale

80

Sale

Sale

10251

103

10134

97

9654

58
72

78

43

Sale

62

3634 3734
10434 10534
103
10334
98

99

2022

11434 Sale

1947

100

Sale

1969

7534 Sale

1961

75

77

1948

95
87

97

1955

Sale

106 V>

95

90

Sale

6534
95
93 34
106 34

96

64

60

82

4334
36

10434
10234

Sale
98

4534

4034 Sale

Sale

30

Sale
Sale

103

35
Sale

99

Sale

8554 Jan.
23

80

85

8854 Mar.
9954 Feb.

Feb. 2S
1055$ Mar. 3
63

Jan.

6254 Jan.

5 110
Feb.
Mar. 31
855$ Jan.

Mar. 31

95

Mar.

1

86

Mar. 31
Mar. 29

865$
8754
9154
7554

Mar. 3
Mar. 15
Mar. 4
Mar. 1

76

Mar. 31 100
Jan.
Mar. 31
9154 Jan.

79

Mar. 29

Mar. 31

Mar,

31
•

8

78

Mar.

2

Mar
Mar

4 Ill
Mar.
18 10654 Mar.
30
535$ Mar.

7

Mar

30

Mar

16

Mar,

8054 Mar. 30

65

8
1

75

3

Mar. 31

10954 Mar. 10 10854 Jan.

6

9454 Jan.

89

Jan.

15
7
3
11
Id
12

32
12

9154 Feb. 21
78

Jan.

12

1095$ Mar. 10
81

Jan.

8

110
Mar.
4 11154 Jan.
1053$ Mar. 18 107J4 Jan.
4554 Mar. 30 58
Jan.

20
14

5354 Mar. 10
6154 Mar. 4

43

Mar. 31 10654 Mar. 14
5854 Mar. 15
1
Mar.
6054 Mar. 3
5134 Mar. 23 60
Mar.
1
10734 Mar. 3 1073$ Mar. 3

Mar.

3
5

104

Mar. 30
Mar. 30

8854 Feb.

13

Feb. 21

1075$ Jan.
68

12

3354 Mar. 3C

4

8

Jan.

10
7

6454 Jan.

14

101

101

5034 Mar. 28
59

35

Mar. 29

1834 Mar. 30
64

Mar. 31

Mar. 31

80

Mar. 29

Mar. 31 10654 Jan.
4
50 5$ Mar. 28
5854 Mar. 15
Jan. 19 6054 Jan. 17
5154 Mar. 23 60
Mar.
1
107
Jan. 18 10854 Jan.
7
35

1854 Mar. 30

70

3

64

Mar.

1

5754 Mar. 31

Mar.

4

90

Mar.

Mar. 22
Mar. 16
Mar. 5
6054 Mar. 8
80

Mar. 29

44 54 Mar.

2

33

3654 Mar.

7

102 34 Mar. 31 105
Mar. 11
99
Mar. 31 10354 Mar.
4

Sale

97

Sale

112

Sale

98

Mar, 30

Sale

65

Mar. 31

72

Sale

65

Mar. 31

90

85

Mar. 18

78

Mar, 25

73
91
81

Mar. 31
9854 Mar. 22
Mar. 31 115
Mar. 25

10154 Mar.

58

57

1

4034 Mar. 18
Mar. 28

10

4

57 34 Mar. 31
66
90
Mar. 29
96
92 34 Mar. 29
9554
10534 Mar. 31 10654
99
Mar. 31 10154
55

Mar. 30

4954 Jan.

4454 Mar.
2454 Mar.

82

983s
9834 97
112
11434 115
98
1003$ Sale
65
7234
74
6534
7234 Sale
80
9034
92

Feb. 14

8934 Mar.

Mar

8
3
5

107 54 Mar. 23

25

Sale

68

Mar.

3754 Jan.

Sale

108

7

107
Jan.
4 10754 Jan.
Jan.
525$ Mar. 24 65

Mar. 29

Sale

55
59

29

8034 Sale

60
107 5<t

Sale

75
Sale
Sale

8634
88
8934
9134
7534 Sale
10934

10834

5934

10734 Sale

79

Indiana Elec

29

Interstate Public Service

52.000

67
78

2

iM

62

680,000 ind'polls P A L 5a ser A—1957
73,000 Int Pow Sec 6Hs series C. 1955
7s series E
21,000
1957
1 e aeries V
26,000
J952
88,000 International Salt 5s
1951
1,036,000 Interstate Power 5s
1957
428,000
Debenture 6s
1952

143,000
270,000

75

Mar. 31
Jan. 14

10734 Mar 29 10754 Mar. 23 10554 Jan.
Mar. 23
7634 Mar, 11 81
7654 Jan.
40
31
22
33 34 Mar 30 33 54 Mar. 30
3354 Mar.
28
22
Mar 18
Mar. 18
2234 "28"
23
2154 Feb.
Sale
88
29
8834
Mar.
3
8534 Mar,
8854
835$ Feb.
90
97
98
Mar,
5
9834 101
9854 Mar. 5
98
Mar.
99
98
Mar 30 1035$ Mar.
4
10334 10434 97
98
Mar.
Sale
1 1055$ Mar.
10534 106
10534
3 10354 Jan.
10534 Mar
Sale

62

303,000
29,000
10,000

61,000
79.000
59,000
15,000
72,000
69,000
18,000
2,000
126,000

Feb.

62

10734

10734

1949

ser

1

Highest

Sale Prices
65
Mar. 31
80

62

.1949

♦Hungarlan-Ital Bk 7)4*.1963

17,000 Indiana Gen Service 5s.. 1948
25,000 Indiana Hydro-Blec 5s A 1958
73,000 Indiana A Mich El 5s
1957
1st A ref 5s
86,000
......1955
201,000 Indiana Service 5s.......1950
1st lien A ref 5s
150,000
..1963
63,000 ♦Indianapolis Gas 5s A..1952

18,000

Sale

Heller (W E) A Co 4s w w.1946

5,000
4,000
25,000
38,000
67,000
64,000
17,000

6,000
302,000
180,000

68

57

65

Sale

Highest

Sale Prices
65
Mar. 31

Investors Corp—

series A

96,000 Hygrade Food 6s
26,000
6o series B

70,000
151,000
203,000
537,000
796,000
72,000
15,000
214,000

65

6634

6,000
67,000
10,000
4,000
18,000
2,000
48,000
20,000

9,000

7634
7634

74
7234

Sale

60

123,000

5s

83

73

3134

31,000

Guardian

79

7134

Lowest

Ask

32

Zi*

1978

♦Gesfuerel 6a

69

Mar. 31

Ask Bid
72
65

72

87

1953

Georgia Pow Ac Lt 5s

Bid

90

72

61,000

42,606

75

87
70

1953

..

Gen Pub Utilities 6 He A

271,000 Glen Alden Coal 4s
1965
50,000 Gobel (Adolf) deb4)$s —1941
172,000 Grand Trunk West Ry 4a 1950
41,000 Great North Pow 5s stpd 1950
23,000 Grocery Store Prod 6s
1945
68,000 Guantanamo & W Ry 6o.l958

13,000

Mar. 1
Ask

Bid
73

1956

Gen Pub Serv Co 5s.-.

RANGE SINCE JAN.

Jan. 3

1938

S

29,000
14,000
234,000
11,000
56,000
996,000
52,000
16,000

51

Price

Jan. 1

2,000

EXCHANGE
PRICES IN MARCH

new york
curb exchange

Since

78,666

CURB

YORK

Mar. 29

Mar. 31

Mar. 29
9254 Mar. 29

48

Jan.
2854 Jan.

17
19

73
Jan.
6954 Jan.
985$ Jan.

96 54 Jan.
10554 Mar. 31 10654 Feb.
9854 Jan. 26 10254 Jan.
55

78
39

Mar. 31
Jan.
4
Jan. 21

63

Jan.

85

Feb.
Feb.

40

32
Feb.
7 3654 Jan.
Jan.
10254 Mar. 31 106
99
Mar. 31 10554 Jan.

97
112

3

98

Mar.

4

Mar.
Mar.
Mar.

2
7

65
65
85

9

78

99
Mar. 31
Mar. 31 115

11
18
15

Jan.
5
Mar. 25

Mar. 30 10154 Mar. 3
79
Mar. 31
Jan. 17
Mar. 31
8054 Jan. 13
Mar. 18 97
Jan. 12
90
Mar. 25
Jan.
4
.

Lake Superior Dlst Power—

69,000
133,000
1,000
18,000

76,000
42,000
145,000

88,000
623,000
1,000
134,000
249,000
166,000
502,000

334 s series A
.......1966
Lehigh Pow Secur 6s
2026
♦Leonard Tlets Inc 734*
Lexington Util 5s

1946
1952

93

Sale

9634

102

Sale

94

29

25

2334
95

Sale

Llbby McNeill A LIbby 5s 1942
Long Island Ltg 6s
...1945

10234 Sale
94
9634

Louisiana Pow A Lt 5s

104

1957

Sale

9434
10434
99 34

10334

97
Sale
Sale

Sale
Sale
Sale
Sale

9534 Sale
87
8934

9534 Mar. 26
88

Mar. 30

9754 Mar.
9554 Mar.

23

25

Mar.

25

80

29

85

1

93

Jan.
3
9754
Mar. 30 103
25
Mar.
1
8454 Mar. 30 975
102)$ Mar. 29 1045
91
Jan. 12 100
100
Mar. 31 1045$
88

Mar.

10234 Sale

8454 Mar. 30 9454 Mar.
1023$ Mar. 29 1045$ Mar.

85
100

100

25

93
Sale

92

Mar. 17
99 54 Mar.
Mar. 31 1043$ Mar.

Mar
Jan.
Mar.
Jan.
Mar.

Feb.
Mar

♦Mansfield Mining A Smelt—
7s

12,000
17,000
1.000

79,000
51,000
56,000
105,000
4,000
27,000

106,000
98.000
49,000
57,000
78.000
42,000
20,000
it,

40,000

Ex-warrants

265,000 Milwaukee G L 4 34*—
1967
266,000 Minn Pow A Lt 434*——.1978
1st A ref 5s
155,000
1955
122,000 Mississippi Pow 5s......1955
229.000 Miss Power A Light 5s
1957
142,000 Miss River Power 5s.
1951
57,000 {♦Missouri Pub Serv 5s A 1960
84,000 Montana Dakota Dtii 5)*a'44
Munson

4,000

20,000
49,000

1941

38,000 Marlon Reserve Pow 434* 1952
1943
30,000 McGori RndAMffl6s
Memphis Comm'l Appeal—
Debenture 434*-----—1956
1,000
142,000 Memphis P A 1 5 s ser A. .1948
150,000 Men gel Co 434*
—1947
114,000 Met Edison 4s series E... 1971
4s series G
1965
178,000
17,000 Middle Sts Petrol 6 34s A. 1945
82,000 Midland Valley RR 5s
1943

Steamship

♦634* ctfs of dep w w.,1937

55,000
152,000

Nassau A Suffolk Ltg 5s. 1945
Nat Pow A Lt 6s*'A"
2026

100,000
136.000
24,000
115,000
8,000
105,000

230,000 {•Nat Pub Serv 5s C O D.1978
57,000 Nebraska Power 6a
2022
188,000
434s
1981
31,000 Nelsner Bros Realty 6s..1948
1956
336,000 Nevada Calif Eloc 5s

5,000
152,000
41,000
225,000
104,000
143,000
71,000

43,000
416,000
153,000
757,000
376,000
399,000
118,000

Deb 5s series B

New Amsterdam Gas 5s.. 1948
New

Eng G A Elec Assn Ssl947

5s

1948

Conv deb 5s..........1950

55.000

196,000
135,000
22,000
12,000
759,000
326,000
33,000
48,000
44,000
173,000

For footnotes

see

83

New Endl Pow Assn 5s...1948

Orleans

Pub

99

76
87 34

81
75
104

24

2534

"9734

84
81
Sale

7634
88
103 34
105

.1954

92
Sale
91

Sale
Sale

N Y Cent Elec 534s

99

Mar.

97

60

7654 Mar.

60

89

75

9134
Sale

8234 Sale
10134 Sale
10134 Sale
7534- 8034

8034

64

63

Sale

88

91

9434

Sale

87

Sale

9334 Sale
85
8634

9834

Sale
6634

9434
6154

9034 Sale
9834 Sale

65 34
77
109 34
65 34

9334

9134

90

78

110
Sale

9334

334 Sale
92
83

50

72 34
109 34

Mar. 23

8854 Mar. 15
74
Mar. 29
Mar. 26
Mar;

8854
7854
9054
30 1045$

Mar.
Mar.
Mar.
Mar.

Mar. 31 105

93

5

Mar.
Feb.
Mar.
101)4 Mar.
Mar.
Jan.

Mar.

15

8854 Mar. 15

19

81

93

P

30 106;
31 106;
88
4

Mar. 25

Mar. 15

9454 Mar.

88)$ Jan.

90

85

9854 Mar.

Sale
Sale

70

Sale

10954 Mar.

Mar.

66

Mar.
Mar.

5634

5934

59

Mar. 25

87

90

87

Mar. 30

Feb.

94)4 Mar.
615$ Mar.
70
Mar.

Mar.

77
2 110

Mar. 11

75
44 34 Sale
114 34 118
10934 112
90

93

Sale

11634 11834
56

57

5634

Sale

57

Sale

7834

Sale

81

Sale

sa

5

234

Sale

109

63

9034
6234

Sale
Sale

90 54 Mar.

60

Sale

60

Sale

Sale

11434 115
10834 Sale
81

7534

108
82 34
87 34
Sale
6934

11634 118
5534 Sale
55 34'
55 34

8234
8434
103

4434
112

5634

5634
83
Sale
104

Mar.

45

4454 Mar,

118

11454 Mar.

109

Sale

Sale

"

9 115
108
Mar. 16 109
82 54 Mar.
83

Hi

Mar. 21

1163$ 11834 11654 Mar.

Mar.

9

Mar.

3

7554 Mar,

6954 Mar.

955$ Jan.
9254 Jan.
100

Jan.

87

Jan.

110
68

Jan.
Jan.

94

Feb.

1

11654 Mar. 15

1940

1950

9034 Sale
6734
70
99

3934

Sale

3954 Mar.

4054 Mar. 30
3954 Mar. 31

70

Sale
Sale

70
74

74

1033$

Sale

56)4 Mar.

Mar.

83

Mar.

85

10354 Mar.

Mar.
Mar.

?i

10454 Mar. 23

Sale

88

Sale

Sale

Ltg 5s

72

8534

54

10534
86

5834
74

10434
65
77

Sale
89

Mar.

90)4 Mar.

7

Mar. 29
71
Mar.
3
99 54 Mar. 11)10054 Mar. 23
76
Mar. 15
80
Mar.
7

10554
"9
11254
10554

Mar. 31,10754 Mar. 14
Mar. 26'

93

Mar.

1

65

56

Sale

56

Mar. 15 113)4 Mar. 31
Mar. 23 1055$ Mar. 23
Mar. 311 625$ Mar. 11

Sale

71

Sale

71

Mar. 31

113

—2094

Nippon Elec Pow 634s
1953
Nor Amer L A P 534s A...1956

2

64

9934

Sale

10554

78

Mar.

1

95

Jan.
4
8654 Jan. 13
76 54 Jan. 17
44 5i Jan.
3
116
Feb.
2
10954 Jan.
6
9354 Jan. 12
7554 Feb. 26
„

27 118
Jan.
Mar. 30
57)$ Feb.

40

2
2i

5)4 Feb.

11554 Jan.

2

Mar.

89

Sale

Mar.
44
Jan.
11454 Jan.
108
Mar.
8254 Mar.
695$ Mar.

Mar.

64
85

Sale

60

56

70

104
Sale

9054 Mar.
6254 Mar.

56

89

102 34

25$ Mar. 31

Mar.

Sale

Jan.

75

Jan.
Mart.

40 54 Mar.

3934

Feb
Feb

Mar.

42

40

40

Mar. 16
Mar. 10,

6954 Mar.
4454 Mar.

4

Jan.

Jan.
Jan.

87

25$ Mar. 30
93
75

6234 Mar.

Jan.

59

655$ Mar.
9254 Mar.

234 Mar. 31

Mar. 16
Jan. 17

26

85 54 Mar. 30
94 54 Mar. 25
6154 Mar. 31

Sale

99
83

79

Mar.

82
63

Jan.

Mar^-23.

8*

Mar.

Mar. 25
Mar. 25

53

94
76

95
Sale

73 34

7134

334

N Y State LAG 434s....1986
N Y A Westchester




9754 Mar. 24

60

75" ~81~

♦N Y Pa A O RR 4U* atpdl950
N Y P A L Corp 1st 4 Ha.. 1967

page 53.

98

55

Serv—

5s stamped...........1942
♦6s series A

4s

....

9534
85

60

New Eng Pow Co 3)is A.1961
New

122,000
39,000
7,000
6,000
274,000
84,000
11,000
8,000
5,000

2030

Deb 5 *48....

9534
78

Line

155,000

330.000

23

575$
58)4
85
87

13
25

Feb. 25
Feb. 25

70

Mar. 31

74

Mar. 31
Jan. 12
Feb.
1 104 54 Mar. 23

102

865$ Feb.
64

98

76

Feb.
Feb,

Mar.

10554 Mar.
89

Mar.

11254 Jan.
10354 Jan.
S3 8J

Ton

91

Jan.

Jan.

10

22

7154 Jan. 10
10054 Mar. 23
84

108)4
97)4
113)4
1055$
625$
8054

Feb.
Jan.
Jan.

1

7
14
Mar. 31
Mar. 23
Mar. 11
Jan. 14

NEW

52

NEW YORK
In

48,000
65,000
.77,000
230,000
119,000
14,000
39.000

80,000
16,000
5,000
140,000
2,000
12.000
58,000
21,000
41,000
23,000
18,000
9,000
5,000
21,000
228,000
57,000
72,000
87,000

Jan. 3

Bid

(Continued)—
A
1948
4a——1952
Ind Pub SarT
1966
BONDS

95,000
78,000
270,000

37

Nor Cont Utll 5 He

Nor

133,000
138,000
183,000
506,000
268,000
46,000

85 Vi

Sale

Sale

105

Sale

D........—1956 104 yx

104?*
99 Vi

Sale
Sale

Mar. 29 105 Vi Mar. 15
Mar.
8 105Vi Mar. 29
Mar.
7 105Vi Mar. 3

Sale

104 Vi
105 Vi
105
104 Vi Sale

91

92

Okla Pow & Water 5s A.. 1948

70

73

78

80

70

82,000 Padfle Coast Power 5a... 1940
147,000 Pacific Gas 5c El 6s B
1941
Pacific Investing 5s A...1948
44,000
Without warrants...

103

104 V*

116

116?*

28

28?*
83 V* Sale

31,000 Park Lexington Bldg 3s—1964
206,000 Penn Cent Lt 5c Pow 4 Vis 1977
5s
1979
21,000
79,000 Penn Electric 4s series F.1971
Penn-Ohlo Edison 6s.... 1950
43,000
Without warrants..
118,000
5Vis series B
...1959
67,000 Penn Pub Sery 6s G—... 1947
19,000
5s series D
1954
35,000 Penn Water 8c Pow 4Hs..1968
283,000
5s
1940
158,000 Peoples Gas Lt 8c Coke 4s B*81
4s series D——
1961
129,000
246,000 (♦Peoples Lt 8c Pow 5s..1979

361,000

95
Sale

90
86

92 Vi

31
84 Vi
90
83 Vi

81

33

Sale
95

Sale

83

Sale

100 V*
107 Vi

8Vi Sale

101?*
114?i Sale
100

82

Sale

112?
75

28

76Vi

57 Vi

60

61
Sale

107

79
Sale
79 % Sale
80
75
100
93

112 V*
60

Mar.

80

Mar.

5

70

Mar. 31

80

Jan.

11

1

100

3

114

Jan.
Feb.

6
3

Mar. 30
Mar. 28

79?i Mar. 31

112 V*

87

Mar. 21

84

4

75

Mar.

1

100 V* Mar.
Mar.
108
Mar.
108

9

99
93

Mar.

2

90?* Mar.
9V* Mar.

2

Mar. 28 113 Vi Mar.
75 Vi Mar.

1

Ill

5

70

Mar. 22

55

23Vi

Vi

88

1

Mar.

107Vi Mar.

101?* Mar.
21 Vi Mar.

10

Jan.

8

Jan.

10
21
18

Vi Feb.
10 V* Jan.

24
12

Jan.

109

109?*

Jan.

91

82?* Mar.
6Vi Mar.

3 113 Vi

Mar.

1

79

Feb. 11

Mar.

61
108
100

Feb. 26
Feb.
2

45

Jan.

11

Feb.

28

58 Vi Feb.
Jan.
107

15
8
24

21

Jan.

Vi

107

107Vi Feb.

Mar.

65

Mar.

107Vi Mar.
106?* Mar.
78?* Mar.

106

107 V* Mar.
107 Vi Mar.

45
Mar.
100 V* Mar.
21 Vi Mar.

Vi

Jan.
91 Vi Mar.
19
Jan.
48
Jan.

95 Vi Mar.
21
Mar.
57

91

4
107?* Feo.
103 Vi Jan. 17

Mar.

Jan.

Jan.

96

Mar.
Mar.

106

107

Mar.
Mar.

50
51 Vi
106
Sale

5
4

59 V* Mar.
Mar.

Mar.

19

79% Mar. 31

Mar.

91 Vi Mar.
21
Mar.

Jan.

Mar. 4
Jan. 13

1

Mar. 22

70

74

19

88
90

84

82

Mar.
Mar.
Mar.
Mar.

34?* Jan.

Mar. 28

92

107 Vi Mar

Sale

Mar. 30

78

105

106?*
78?*
82?*
6Vi

28

74Vi Mar. 25

Mar.

9

82
88 Vi Mar.
Mar. 31
2
113 V* Mar. 19 113?* Feb. 14
67
Jan. 10
55
Mar. 29
Jan. 14
99
Feb.
4 101

4

Mar.

93

7

Mar. 18

116V?

2

Mar.
Mar.
Mar.

99

1

Mar. 11 103 ?i
Mar. 29

84?* Mar.
90
Mar.

84

Mar.

47

31

75

5s!

20?*

15

95

106

57

19

25

Mar. 29

60

23

11

85

106 Vi 108
90

55

81

103?* Jan. 19 105 Vi Jan.
Jan.
104 Vi Mar.
8 107
103?* Feb. 14 106V* Jan.
96
Feb.
Jan. 26 100

9

Mar. 29

78

85
Sale
102
Sale

133 Vi 135 V* 135

i§r>

96 Vi

102

Mar.

74Vi Mar. 25

74 Vi
79 Vi

130

95
21 Vi

19

95

28

Sale
106
108 ?i 107 Vi Sale
68
45
Sale
100 v* 102
100?i i02
22 Vi
28 Vi
21 Vi Sale

96?

Jan.

1

55

31

106
100
20
25 *
60
50
107
110
107?* 110
56
59
99?* 100 %
30
21
105

11 100

93Vi Jan. 14
31 101V* Mar. 4
Feb.
8 104Vi Jan. 18
Mar. 31
91
Feb.
7

99?* Mar.

88 Vi Mar.
82
Mar. 31
2
113V* Mar. 19 113 V* Mar. 19

Sale

113 V* 115
57
Sale

.

111
Sale
73 V*
76 Vi

Feb.

97Vi Jan.

Mar. 11 101 Vi Mar.
Mar. 29 116
Mar.

Sale

101
107 Vi Sale
Sale
107?* 108 Vi 106 Vi Sale
87 ?* Sale
78?* Sale
82?* Sale
90?* Sale
9
6 Vs Sale
9?*

108Vi 108V
107 V* 109
87?* Sale

17

Mar. 30
Mar. 29

64?* Mar.
64?* Sale
100V* 100?* 100 Vi 100?* 100Vi Mar. 28 100 V* Mar.

105 Vi

106 V* 107
102 Vi 104V

57

95
115

87?* Sale

99

94
89

88 Vi
113

61%
64
100?* 101 Vi

14,000 Palmer Corp of Lt 6s....1938

98,000

89 Vi

86?*

112?* 115

Jan.

Mar. 31

Sale

Pacific Ltg 5c Pow 5s..—1942
Pacific Power 5c Light 5s. 1955

5

Jan.

23 100

86 % Mar. 31

Sale

Sale
Sale

40

Feb.

94

89

7,000
#80,000

Mar. 31

93

96Vi Mar. 10

96?* Sale
87 Vi
84

^

30

105?* Jan. 28 108Vi Mar. 10

90 Vi Mar. 11

1951
Cony deb 5s—.—....1946

101 Vi
115?*

Mar. 17

Mar. 31 101V* Mar.
4
Mar. 14
103 V* Mar.
1 104
81
Mar. 31
90Vi Mar. 2

Sale

90 Vi

105

37

2 108Vi Mar. 10
97 Vi Mar.
7

Mar. 31
Mar. 31

Sale

Sale

Mar.

Mar. 31

Sale

106 Vi
Sale

Mar. 31

Sale

89?*
Sale

100 %
103 V*

Highest
Sale Prices

Sale

Sale

A

105Vi

105

Okla Nat Gas 4 Via A

10,000
11,000
4,000
17,000
78,000
6,000
10,000
18,000
13,000

37.000

88

Lowest
Sale Prices

107 Vi
Sale

108 Vi

86

89

103

255,000 Phlla Else Power 5 His
1972
29,000 Phlla Rapid Transit 6s—1962
Piedmont Hydro-Electric Co
6 Vis series A
110,000
1960
24,000 Pittsburgh Coal 6s—...1949
55,000 Pittsburgh Steel 6s
.1948
15,000 +Pomeranla Elee Co 6a..-1953
66,000 Portland Gas 5c Coke Ss.1940
172,000 Potomac Edison 5s ser E.1956
18,000
4Vis series F———
1961
37,000 Poticero Sugar 7s stamped 1947
32,000 Poster Corp of Can 4 Vis B 1959
..1954
25,000 'Prussian Rlec 6s..

79,000
11,000

92 Vi

103 Vi" 105 Vi

Ogden Gas Co 5s.....—.1945
Ohio Power 5s series B _ . . 1952
4V^a series

Sale

Highest
Sale Prices

30

Sale

37

35Vi

Lowest

Ask

Ask

96 V*
95 Vi

Sale

88

358,000
4Us R._
1970
660,000 Nor States Power 3Vi®—1967
117,000 Northwest Rlec 6s stpd_„1945
65,000 Nor'west Pub Sert 8s A—1957

Bid

107

.....

99
97

1969

5s series D

41 Vi

107?*

Nor Indiana GAB

165.000

Ask

Sale Prices

Mar. 31

Mar. 1

1938

*
'

1

Price
_

CURB EXCHANGE

Since
Jan. 1

$

40.000
23,000
59,000
83,000
191,000
300,000
36,000
28,000

RANGE SINCE JAN.

PRICES IN MARCH

sales

aggregate

March

EXCHANGE

CURB

YOEK

V?

Jan.

Jan. 18
65
101?* Mar. 18
21Vi Jan. 14

Mar.

lOOVi Jan.
20% Jan.

Pub Service Co of N J—

26,000
51,000
21,000
78,000
150,000
73,000
61.000

191,000
37,000
121,000

6% perpetual certificates..

Sale

104

104?*

100

Sale

66
62

Sale
67

60 Vi

Sale

13,000

27,000 Queens Boro G 5t B 5 Vi*-1952

84

7,000
1,000

23,000 ♦Ruhr Gas Co 6 Vis
1953
6,000 ♦Ruhr Housing 6Vis A...1958
212,000 (♦St Louis Gas 5c Coke 6s.*47
77,000 Safe Harbor Water Pr 4Vis '79
312,000 San Ant Pub Sery 5s B...1958
2,000 San Joaquin L 5c P 6a B..1952
1955
EL 13,000 Sauda Falls Co 5s

ii"o66

♦Saxon Public Works—

1

2,000
49,000
73,000
37,000
1,000
124,000
32,000
29,000

8,000
36,000
196.000

194,000
46.000
88,000

52,000

4,000

68,000
173,000
94,000
6,000
264,000
82,000
100,000

77,000
22,000
50,000
47,000

16,000
10,000
i

.

i

32,000
73,000
56,000
42,000
171,000
123,000
47,000
326,000
75,000

1943

22 Vi

Power 5s—1957

Southeast P 8c L 6s—...2025

9

Mar. 22

60

Jan.

14

93 Vi Jan.

9

25Vi Feb.

28?i Mar.

23

26 V*

25

21

21

24

130

Mar. 24

21

Mar. 24

9Vi Mar. 31

12

Mar.

1

Mar. 15 110 Vi Mar.
5
2 105 V* Mar. 23

109

103 % Mar.
.

1
Mar. 24

9Vi Mar. 31 12 h
108V* Jan.
4 110H
102Vi Jan. 10 105 M
128 Vi Feb. 23 12814
lllVi Mar. 29 112

111%Mar ."29

lllVi

2

Mar.

3

Mar. 15
Mar. 30

8

7

25

6

Mar.
Mar.

1

Mar. 31

2

7

Mar. 25

7

9

Feb.

17

Feb.

24

Mar.

5

Mar. 23

Feb.

8

Feb.

28

28

Mar.

26

21?* Jan.
98Vi Mar.

Mar. 31

6
17
18
17

28?i Mar.

Mar. 17

5

65 Vi Jan.
63
Jan.

Feb.

53

106 V* Feb.
101 Vi Jan.
69 V* Jan.

27Vi Mar. 12

45
47
106 Vi
104 % Sale
104 Vi 105

Sale

Sale
Sale

104Vi 105

62

59

106 Vi

18
Sale
Sale

26
102

101

56 Vi

Sale

108 Vi 109

71
85

60
Sale

106]
106]
106Vi
109Vi

Sale
Sale

107
110

24 V*

35

Sale
98Vi Sale
39
Sale
100
107
102
Sale
102 Vi Sale
102
Sale
25

101V* Mar. 29
Mar. 18
Mar. 30

102
102

5V* Mar. 10
5?i Mar.
4?* Mar.
58

54 Vi Mar
Mar.
71V* Mar.
104
Sale
103?* Mar.
103 Vi 104?* 104V* Mar.
103
Mar.
103
Sale
106 V* 108 J 107 Vi Mar.

54

60

65
72?*
71V* Sale

Mar.
1
Mar. 17
Mar. 25

Mar.
Mar.
Mar.

73

70

3
5

86

Mar.

7
1
28
20
15

Jan.

106Vi Feb.
101V* Mar.

50
Jan.
Jan.
107
105 V* Mar. 10

102

Mar.

105??

102

Mar.

39

Mar.

Mar.
104?* Mar.

3
5

54Vi Mar. 21

63?* Jan.

70

Mar.
Mar.

110

102

77V? Jan. 20

Mar. 16

12

71V* Mar. 31 95V* Jan. 15
103?* Mar. 31 1065* Mar. 3
104V* Jan. 31 106 Vi Mar. 2
103
Mar. 31 107
Mar. 2
Mar.
9
107Vi Mar. 30 110

106Vi Mar.
106 Vi Mar.
107

Jan.

•

104
105?* 107
51 Vi
52 Vi 30

1968

Southern Indiana Ry 4s. 1951

92

Southwestern L 5c P 5s.. 1957

88 V*
94 Vi

95 Vi

90
97 %

Southwestern P 5c L 6s—2022

76V*

79Vi

69

105 V*

100
51
51
51

Sale
Sale
Sale
Sale

Sale
42

71"

S'western Assoc Tel 5s A. 1961

102

6s
1951
444,000
6s.
1966
319,000
85,000 Standard Invest 5 Vis—..1939
853,000 (Stand Power 8c Lt 6s...1957
309,000 ♦Starrett Corp 5s..—....1950
Sclnnes (Hugo) Indus—

51

50?*
50V*
50?*
50V*

52Vi
52V*

52Vi

52V*
Vi Sale
Sale
69 Vi

51 %
69

48?* Sale
22 Vi Sale

Sale

51
65
49

27

Sale
Sale
Sale

3 Sale
28 Vi

42

94,000

fenn Elec Power 5s......1956

78

2

96 V* Mar. 31
55Vi Mar. 31

93
40
38
39

Sale
Sale
Sale

Sale

37 V*
36 Vi
55
36
18 Vi

2

Mar.
2
Mar. 19
Mar.
8

52

92
98

71 Vi Mar.

4

Sale
Sale

104
47

85

21

79

Jan.

17

105V* Jan.

14

Mar. 31

55

39

Mar. 31

55
55

39Vi Mar. 31
37V* Mar. 30
36 Vi Mar. 31

Vi Mar.

62

50?* Mar.
28Vi Mar.

36

18V* Mar. 30

98?* Jan.

Mar. 31

65 Vi Mar.

Sale

17

95

Mar. 31

Mar. 28
Mar. 31

62

Jan.

9

40

52

36

13

Feb.

38

Mar. 31

62
Sale

Jan. 19 106 Vi Mar.
Mar. 17
56?* Jan.

95Vi Jan.
5
55Vi Mar. 31
93

31 100
Mar.
53 Vi Mar.
31
53
Mar.
31
53 Vi Mar.
31
Mar.;31
53
Mar.
Mar. 30
53 Vi Mar.

Mar.
Mar.
Mar.
Mar.

93
40
38
39

39Vi Sale

Tenn Pub Sery 5s.......1970

60

a*
42

39

Sale
Sale

105

105

44Vi
44 Vi

47
47
105 Vi 106
105?* Sale

49?* 45%
44 V*
Sale
104V*J104 Vi 104 V*
105
105 Vi 105
48V*
44 V*

«

79 Vi
Sale
I
Sale
Sale
Sale
97
84 Vi

Ternl Hydro-Electric Co—

95.000
6Vis series A..........1953
708,000 Texas Elec Service 5s....I960
985,000 Texas Power Ac Lt 5s—...1956
6s
2022
12,000
1979
65,000 Tide Water Power 5s A

Mar. 17

47

89Vi Mar.

98

50?* Sale
*52

Mar. 30 106 Vi Mar.

104

Mar. 28
Mar. 31

18V* Mar. 30

2

Jan.
Jan.

12
12

Jan.

12

Jan.
Jan.
Jan.

12
12
12

Jan.
Jan.

6
12

30 Vi Feb.

17

55
56
56

m

f

53,000
stamped——.....1940
7s 2d stamped ........1946
53,000
85,000 Super Power of 111 4Vis—1970
4 Via
1968
,96,000
7s 2d

31,000
261,000
348,000
5,000
35,000

3

Mar.

40

26V*

73]
76Vi
94 Vi Sale
104 Vi Sale
104 % Sale

57,000 S'western Pub Sery 6s A. 1945
177,000 (♦Standard Gas 8c Elec 6s.'35
♦6s Certifs of deposit—1935
232,000
♦Cony 6s..
......—.1935
139,000
♦6s Cony ctfs of deposit 1935
115.000

133,000
220,000

Mar.

30

Mar.

26 Vi
21

112

Sale

100

32,000
25,000
46,000
56,000

117,000

101?* Mar.
104 Vi Mar.
98Vi Mar.
60 V* Mar.

4

40

131

1951

1970

of California 4Vis

Mar.

1

Mar.

I

548,000 Sou Calif Ed 3Vi«-May 11960
122,000 ft3?*s series B
July 11960
326,000 ^Debentures 3Vis
1945
150,000 If 1st 5c ref mtge 4s—....1960

185,000
129,000
80,000
143,000
41,000

103

Mar.

28?*

Vi 104

104
103 %
103 Vi

Southern Counties Gas

Mar. 29

103?*

Mar. 31
Mar. 29
Mar. 31

78Vi Mar. 31

129

107 Vi

Sou Carolina

Mar.

7

128?*

49,000 Sheridan Wyo Coal 6s—.1947

W 72,000
; 677,000

103

80 Vi Mar.

9Vi Sale

—...1948

4Vis series D

llOVi Feb.

7

78Vi Mar. 31

109 % 110
104 Vi Sale

Shawlnlgan W 5c P 4Vis..l967
4Via series B
—1968

Seryel Inc 5a

Mar.
9
107
Feb. 15
113
104 Vi Jan. 21
2
104 Vi Feb.
Jan. 12
104

1

Mar.

Mar. 11
Mar. 31

Sale

Sale

28

3 137Vi Mar. 18

Feb.

78 Vi Sale

54 V*

Sale

112

Jan.

105

85

Sale

12

26

130

9

78

103

110

3 137 Vi Mar. 18

Mar.
Mar. 18 107
Mar. 30 112?* Mar.

Mar. 30
54V* Mar. 31

64 Vi

1093

12

lOVi

♦Schulte Real Estate 6s__ 1951

Scrlpps (B W) Co 5 Vis
Scullin Steel Co 3s

85?*

Sale

Mar.

134

Sale

105 Vi 105
lllVi HlVi lllVi
103
103 Vi Sale
103
103
Sale
102 Vi Sale
101?*
104 V* 105
104Vi
98 Vi Sale
98Vi
60 V*
60 % Sale
60 %
68 Vi
62
103

108 V* 109?
102 Vi 103

1937

6s-

?|

63?*
59 V*

Sale
21 Vi
26 V*

Sale

112?* Sale
103 Vi 104 Vi
103 Vi 104
103 Vi Sale
105
105 Vi
100 % 101V*
66

26 %

99,000
39,000
173,000

:

105 %

105 Vi 107
Sale
111
103 V* Sale
105
103
Sale
102 Vi

39,000 Pub Sery of Nor Ills 5s C.1966
97,000
5s
1956
103,000
4Vis series D
1978
110,000
4Vis series E........—1980
364,000
4Vis series F..—......1981
148,000
4Vis series I.....———1960
.1966
220,000 Pub Sery of Okla 4s
1697,000 Puget Sound P 5c L 5Vis_1949
5s series C__—————1950
114,000
4 Vis series D.......... 1950
273,000

58
98
103
94
80

Mar. 24
Mar. 2 48
Mar. 4 46% Mar. 21
Mar. 30 105 Vi Mar. 7

Mar.

Mar.

7 106

3

43

Jan.
Jan.

48
Mar. 24
39
5 46 % Mar. 21
104V* Mar. 30 106 Vi Feb.
7
104?i Feb. 15 106 Vi Jan. 10
15

4

*69

Sale

*75

Sale

60

* Sale

88Vi
98
92
84 V*

71 Vi
62 Vi

Sale
Sale

68 Vi Mar. 18
62 Vi Mar. 30

75?* Mar. 25
80

Mar.

2

65Vi Feb. 15
57V* Feb.
4

78
Jan.
5
80 V* Feb. 25

Mar.

4

50

61

50 Vi Sale
82?* Sale

50Vi Mar. 31

61

89

95?* Sale

82 % Mar. 30
Mar. 25

90

Sale

94

96 Vi

95

86

"78""

Sale
Sale

106 %

Sale

80 Vi Mar. 22
Mar. 31

78

Mar. 7
99 Vi Mar. 15
92 Vi Mar. 18
86
Mar.
9

Vi Mar. 31

82% Mar. 30 1003
94

Mar. 25 1043

90Vi Mar. 22
78

Mar. 31

4

106
44

Mar. 29

Mar. 30 36
Mar. 16
Mar. 31 114?* Mar. 22

30

Mar. 30

113

Mar. 31

993
863

Mar. 18
Jan. 11
Jan.
6
Jan. 26
Jan. 17

Toledo Edison Co—

159,000
174,000

1st mtge gold 5s..——.1962
394,000
522,000 Twin City Rap Tr 5 Vis A. 1952

55,000
10,000

Ulen & Companyis 4th stamped—......1950
132,000
1949
32,000 United Elec of N J 4s

107 Vi 108 ?i

62V* Sale

106 Vi
55 j

42

36 V*
113 Vi

46

U4Vi

Sale

106Vi Mar. 18 107 Vi Mar. 24

46

Sale

44

30
113

32
Sale

30
113

52

Sale

Mar, 29

52
25

56

Mar.

•

Feb.

9 108 ?i Jan.

63?* Jan.

14
5

Jan.

22

47

114?* Jan. 29

United Elec Service 7a...1956

22,000
6,000
1,000
75,000
156,000
55,000

97,000

see

page 53.

1975

71
68 Vi

Sale

57
27
27
66 Vi
64

1959

g9

Sale

97

warrants

233,000 United Lt 5t Pow
Deb 6s
439,000
5 Vis
126,000

M'or footnotes




Without

13.000 ♦United Indus 6 Vis
♦1st 6s
13,000
6 Via

1941
1945

1974

56 ^ 60 *
24 Vi *35 1
24 Vi 725

<

73 Vi

62
33
40

Sale
Sale

98?*

25
24
55
56
98 Vi

35

35
60 Vi
Sale

99

28
59
56

*

Mar. 31
Mar. 18
Mar.
7
Mar. 30
Mar. 31

97 V* Mar.

2

60 Vi Feb.
25
Mar.
28
Mar.
75
Jan.
58
Jan. 28
72
Jan.
56
Mar. 31
Jan.
94 V* Feb.
8 100

25

52
24

Mar. 31
Feb. 18

28

23

Jan.

60 Vi Mar.
9
Mar. 18
^ Mar. 7

67?* Mar.
64?* Mar.
99

2
9

Mar. 22

27

23
4
7
12
12
12

AGGREGATE

PRICES IN MARCH

SALES

NEW YORK
CURB EXCHANGE

Since

In
March

70,000
23,000
29,000

Bid

United Lt & Rya 5 %■
fca cartas A........

1973

1952

71% Sale
071
104% 104

60%

Sale

80%
83%

Lowest

Highest

Sale Prices

Sale Prices

Sale
Sale
62
79

104
58

65

80
69

89%

Highest
Sale Prices

55
75

63

78
66

Lowest

Sale

85
86

67% Mar. 31
Mar.

Mar. 16
Mar. 23

73)
105)

64% Feb.

8

78% Jan.

Feb.

8

106% Jan.

53% Jan.

28

70

Feb.

8

82

Jan.
Jan.

Feb.

8

78

Jan.

96

64

Mar.

4

76% Mar. 30

80

Mar.

7

75

65

69% Mar. 23

64

77% Mar. 31

90% Mar.

8

75

77% Mar. 31

73

84

Mar.

3

73

78%

77% Mar. 23

84% Mar.

4

77% Mar. 23

77% Sale
.....

.....

Mar. 29

Mar. 28

Mar. 21

\

Mar

90% Jan. 12
84% Feb. 25

21

.

5
12
13
14
13

85

Jan.

11

Corp—

50",666
70,000
160,000
12,000

12% Sale

17%

13
15
103
105
106 % Sale

364,000 Yadkin Rlrer Power 5s.. 1941
1937
60,000 York Rya Go 5s....

104

105

107%

M

105% 106

Wisconsin P A L 4a A....1966

14,000
45,000
31,000
211,000
96,000

1

Sale Prices

Ask

104

Sale
Sale

84

♦5s Income deb........1954
317,000
276,000 Wash Gas Light Go 5S...1958
41,000 Wash Ry A Klec 4s
1951
427,000 Wash Wate; Power 5s...1960
Western Newspaper Union—
Con* deb 6s..........1944
81,000
82,000 West Penn Elec 5s.......2030
60,000 West Penn Traction 5a_.1960
1957
642,000 West Texas Utll 5s A
214,000 West United GAB 0%a A 55
1941
2,000 Wheeling Elec Go 5s
1944
152,000 Wis Minn Lt A Pow 5a

173,000

Mar. 31

Ask Bid

Bid

Sale

87
78

....

142,000
16,000

Sale

105% Sale
69 H
66
81
82%
73 %
78

Utah Power A Light 4% a 1944
6a aerlea A.
.2022

Waldorf As tort a

Ask

76 %

1952

Dab 6a varies A...

230,000 Virginia Pub Ser 5 His A..1946
6s
1946
75,000
5a aerlea B
1950
92,000

135,000

Mar. 1

1938
BONDS (Conclude#)—

311,000
275,000
89,000
51,000
54,000

RANGE SINCE JAN.

Price
Jan. 3

Jan. 1

135,000
146,000
29,000
28,000
12,000

53

NEW YORK CURB EXCHANGE

April, 1938]

102

37
100

103% 104 H
84

% Sale

-

103 %
—

«•

Sale

97
102
86

36

Sale

Sale

105% 106%
93% Sale

91%
105
73

35

Mar. 18

97% Mar.
96

104% 105%

Feb. 26
12% Mar. 31 19
103% Feb. 26 105% Jan. 26
106% Jan.
3 107% Mar. 10
101
Feb. 18 106
Jan. 13

Mar.

107% Mar. 11 107% Mar.
101
Mar. 31 103% Mar.

Sale

98%

105% Sale

18
105

103% Mar. 31

Sale

101

103
Sale

104 % Sale
107 %

12% Mar. 31

Sale

107%

40

38

Sale
Sale

-

Mar.

39

Mar.

35
97

99% Mar. 17

3

Mar. 29 102% Mar.

74% Mar. 31 86% Mar.
103 % Mar. 31 105% Mar. 17

107%

93

87%

Sale

100

Sale

Sale

75

67%

65

67

70

Mar. 25

67

Jan.

87% Mar. 30

97% Mar. 14 100% Mar.

Vn*

5 39% Jan. 10
16 102
Jan,
7
Jan. 17
29 103]
31
89% Jan. 17
31 105 % Jan. 18
6
14 10751 Jan.
3 107
Mar. 18

Mar.
Mar.
Mar.
Feb.

107
105

Mar. 31 107
Mar. 18
Mar. 30 93% Mar.

105
87

Feb.
Feb.

96
74
103

96
65

Mar.

Feb.

14
Mar. 25

96% Jan.

14
8

105% Jan.
73

Jan,

26

FOREIGN GOVERNMENT
AND MUNICIPAL
Agrlcul Mtge Bk Rep of Col—

17,000
39,000
6,000

12
12

20
23

22 %

Sale

21

Sale

21%

Sale
22%

1947

76

♦7s stamped
1952
♦Gitaca Valley(Dept of) R«p of

72

85
86

♦24-year 7s.....Jan 15 1946
49,000
♦20-year 7a
Jan 15 1947
55,000
10,000 ♦Baden (Germany) 7s
1951

2251

22
23 %
22%. Sale
20%
23%

22% Mar. 2
22 % Mar.
1
20% Mar. 25

23% Mar. 28
23% Mar. 24
21% Mar. ~

20% Mar, 25

23% Mar. 28
23% Mar. 24
21% Feb.
5

70

70

Mar. 16

80
70

76

9% Mar. 14

7

Mar. 30 25% Mar. 16
Mar. 29 28
Mar.
8
Mar. 19 101% Mar.
3

22% Feb. 11

27

Jan.

25

Jan.

28

Mar.

99

Mar. 19 101% Feb.

17% Jan.

24

20

24

Jan.

Buenoa Aires (Pro?)

"i"66o

4,000
3,000

38,000

♦7%a stamped

114,000

Colombia extl

s

f 7s..

♦Ceo* Bk of German State A
ProT Banks 6s B......1951
20,000
♦6a A.
37,000
1952
175,000 Danish Cons Munlc SHi.1955

6,000
21,000
149,000
70,000 V

5«

71,000

14,000
23,000
26,000
3,000
9,000
12,000
23,000
14,000

54,000
80,000
77,000
23,000
24,000
49,000
24,000

114,000

.1953

25%

189,000

52
68
20% 24
20 % Sale

1947

♦Hanover (City) Ger 7s..l939
♦Hanover (Prov) 6>4a
1949

21

20%

21%

26 %

58

60 %
25%
26
24
Sale

22

11%

65 % Sale

Model lin (Colombia) 7a.l951

27

25
25

68

Sale

25
25
99

28

99% Mar. 18

40

58

54%
20% Sale

8

Mar. 11

20% Mar. 21
20

Jan.
6
Mar. 16
Jan.

4

8

9% Feb. 25
7
8

14

59% Mar.

53% Feb. 14
19% Jan. 29

59% Mar, 5
22% Mar. 11

19% Jan.

24

23

20

17
18

23

5

22% Mar. 11

Mar. 22

23

20% Mar. 29

23

S*

20% Mar. 17

22% Mar.

11% Mar. 19

11% Mar. 19

11% Mar. 19

17

18

1

17

13

99% Mar. 18 100% Jan.

20%
10

Feb.

99% Mar. 16

Sale

2§

80% Jan.

5

20%

27
25
18%
18
192%
11%
Sale

16
Sale

18

Mar. 16

8% Mar. 17

99% Sale
99 % 102

101% 102
9954 104

21%
21%
21%

8%

6%

11%
35
Sale

13
Sale
10
22
7%
8

♦Lima (City), Peru, 6Ha. 1958
42,000 ♦Maranhao (State) 7s
1958
♦

26%

25
27
100 % 101
100
102H

Danslg P A Wat*way Bd
external a f 6 Ha
1952
♦German Cons Muntc 7s. 1947
♦6s

35

75
75

55
55

80

9%,

7%

6%

.1948

73

73

Mar.

Mar. 17

3

Mar. 22

Mar.

Jan.
Jan.

19

1

13

Mar. 3
Mar. 22

22% Mar.

1

13% Jan.
6
18% Feb. 25

5

67% Mar. 31

77

9

64

Feb.

7

22% Mar. 23
22% Mar. 14

6%

9%

16% Jan. 20
7% Jan. 28

23% Mar. 25
22% Mar. 5
15% Mar. 11

21

Feb.

14

23% Mar. 25

16% Jan.

10

23

7% Mar. 25

9

8% Mar.

Feb. 26

9

Mendosa (Prov) Argentina

♦7H*-4s stamped ......1951
Mtge Bank of Bogota—
♦7s Issue of May 1927...1947
21,000
♦7s Issue of Oct 1927...1947
29,000
36,000 ♦Mtge Bank of Chile 6a..1931

12,000
4,000
4,000

6O~OO5

8,000

9,000
17,000
6,000

*

No par value.
v
■
Sold under the rule.
Deferred delivery sale.
f Bold for cash,

22

22%
15%
12%
101 %
9%
10%

9%

18%
18%
99%
11

57

65

11
12%
11% Sale

57% Sale
13 %
15
13 %
18%

being traded flat.
X Reported In receivership.

"cod," certificates of deposit,
**cons." consolidated.
"conv." convertible.

a

(Concluded from
value of Treasury issues,

page

18)

more

Treasury bonds and sold

the

December

and

March

tax

dates.

of

$48,856,000 of Treasury bonds.
Over the tax date their
holdings of bonds increased $20,912,000, and in the next
two weeks their investment in bonds rose $9,725,000 more.
The deflation of bank credit proceeded at a very fast
rate in the period under review and pulled reporting bank
loans and investments down to

new

low levels for the last

The reporting New York City banks

reduction of $250,000,000 in their loans and in¬

ended March 30, of which
$84,000,000.
The shrinkage in
loans to commerce, industry and agriculture amounted to
$49,000,000, while open market paper declined $13,000,000
vestments

in

the

five

weeks

decline loans accounted for

and

the

real

few

which

estate

loans

increases

in

were

lower

loans

came

by

$7,000,000.

in

advances

One

up




57% Mar.
13% Mar.

12

13

Mar. 24

banks,
the investment side, the

9

Jan.

28

25

8

10
1
3

45

65

Mar. 31

11 % Jan.
11% Jan.

Mar. 14

5
4

Jan.

13% Mar.
13% Feb.

17

3
2

Central Bank of German State 6s B 1951,
Mar. 10 at 27%.
German Cons. Munic. 7s 1947,
Mar. 10 at 23.
in computing range, are

no account

Is taken

given below:

Elec. Shareholders $6 conv. pf.. Mar. 8 at 73.
United Lt. & Rys. 6s A, 1973, Mar. 8 at 65.
r

to

Cash sales, in which no account is taken In com*

puting range, are given below:
Aero Supply Mfg. cl. A, Mar. 22 at 17%.
Cities Service, pref. B, Mar. 30 at 1%.

$747,000,000

on

March

30.

So

comfortably

situated were the New York banks with respect to reserves
that they returned to the Treasury $55,000,000 of war loan

deposits so as to escape the Federal Deposit Insurance
Corporation assessment. All weekly reporting banks, in the
weeks from Feb. 16 to March 23, had a decline of
$319,000,000 in loans and investments, with loans down
$139,000,000 and investments down $180,000,000.
Loans to
commerce, industry and agriculture declined $86,000,000,
five

and

holdings

of

direct

government

securities

declined

$284,000,000.
In

the

five weeks ended

March

30 the New York City

reporting bank loans to brokers and dealers—the so-called
brokers' loans—declined $36,000,000 to a total of $542,000,000,

a

new

low since May, 1933.

Loans to others for

securities declined
$7,000,000.
Street loans, as compiled by the New York Stock Exchange,
decreased
$55,844,895
during
March
to
$521,116,919
March 31 from the revised figure for Feb. 28 of $576,961,814.
A
year
ago, on March 31, 1937, the loans outstanding
amounted to $1,158,684,205.
purchasing

or

carrying

COURSE OF STERLING EXCHANGE DURING MARCH

of

to

$26,000,000.
On
reporting New York banks' holdings of direct government
securities decreased $298,000,000.
Government guaranteed
issues, however, were up $23,000,000, and other securities
were up $109,000,000.
New York banks were large holders
of the $400,000,000 of special tax date hills which matured
on the four days after March 15.
Reserves of the New
York banks, reflecting in part the redemption of their tax
date bills, increased $217,000,000, and their excess reserves
were

12% Mar. 30

12%

amounted

From Dec. 22 to March 9 the Reserve banks shifted out

half years.

13 %

10%

Deferred delivery sales. In which no account is
taken in computing range, are given below:

out $9,412,000 of Treasury notes and $9,225,000 of Treasury
bills, leaving their total portfolio of government securities
unchanged. This was a direct reversal of the trend in their

a

Mar. 31

.

Mar.

15% Jan.

Mar. 21

nUnder the rule sales, in which

began to sell in the market some

acquired $18,637,000

a

45

Mar.

% Mar

10%

vtc," voting trust certificates.

holdings and to increase their bond
During the five weeks under review the Reserve

two and

Sale

8

1

77

96% Mar. 30 102% Feb. 25
7
Mar. 26
10% Jan. 20
7
Mar. 26
10% Jan.
7
% Mar. 14
% Jan. 10
% Mar. 3
% Jan.
5
1
Mar. 8
% Jan.
6
% Feb. 11
% Jan.
6

2

9% Mar.

14

10% Mar.
1
% Mar. 14
% Mar. 3

% Mar.
% Mar.
% Mar.
% Mar.
45

Mar.

101% Mar.

Mar.
Mar.

cum." cumulative.

of their note and bill

suffered

7
7

"v 1," when issued.
Mw w." with warrants.
"x-w." without warrants.

Abbreviations Used Above:

between

96% Mar.

*n-v," non-voting.
"

Bonds

maturities

Mar. 21

••m." mortgage.

Ex-dividend.

banks

14

S i"

**

a

holdings.

Sale

Aoorevtations Used Above:

ft

♦

22%

98 %

69,000 ♦Rio de Janeiro 6Ha....l95(>
35,000 ♦Russian Govt 6H*— —1919
♦Certificates of dep.....
263,000
♦5 Ha
153,000
1921
♦Certificates of dep.
30,000
Santa Fe (City) Argentina
♦7a stamped
20,000
....1945
84,000
♦7a.
22,000
.1961

172,000
27,000

23

15
14 H
5

6s stamped............1931
123", 000 Mtge Bank of Denmark 5sl97J
39,000 ♦Parana (Stateof). Bras 7s'58

20,000
19,000
5,000

9

15

67 %

The
two

foreign exchange situation in March was divided into
sharply contrasting periods. From March 1 to March 12

sterling was firm against the dollar, a characteristic of the
market ever since October, 1937.
During the early weeks
of March sterling generally ruled above $5.00.
With the movement of Gorman troops into Austria on
March 13 a widespread fear of renewal of European warfare

developed and the dollar became the predominating cur¬
rency, so that sterling and all other European units de(Continued

on page

118)

Chicago Stock Exchange
S

MONTHLY AND YEARLY RECORD

"

1

RANGE OF PRICES ON CHICAGO STOCK

Jan. 1 to March 31

AQQREQATB

March

;

nnn
C

cc c

1-1

0000 00

11111
1

1

1

BONDS

1

1

3.500
230

5,400
3,250
1,300

Ask

170
850

2,700
1,270

45

45

47

43

45

47

43%

44% Feb. 28
44% Feb. 17

Jan.

47

46
46

48

44

Laboratories com....*

9

140 Altorfer Bros

*

30

American Pub Serv pre#.. 100

52

pre#

*

com

.1
1,500 Barber Co (W. H ) com
1,550 Barlow 8c Seelig Mfg A com..5
*
5,150 Uastlan-Blesslng Co com..
10
5,300 Belden Mfg Co common
: 9,000 Bendls Aviation Corp com..5
1
16,250 Berghoff Brewing Co
1
2,050 Blnks Mfg Co. capital..
10,350 Bliss & Laughlln lnc com ..5
45,500 Borg-Warner Corp common. 5
.

550 Brach 8c Sons (E J; capital

1,250

*
•

Brown Pence 8c Wire cl A

Common
3.500
9,000 Bruce Co (E L)

1

7

2,520
750

1,550
1,350

550

19,200
670

1,670
140

750
250

Cent 111 Secur Corp—
Common
Convertible

•
50c

35,400
Prior lien preferred..
•
3,140
Preferred......
2,820
1,070 Central States Pr 8c Lt pref. *
♦
2,750 Chain Belt Co com
950 Cherry Burrell Corp com...5
com

..

.

.

Mar. 30

37

Sale

4

8%
Sale

Mar. 26

3% Mar. 1
6% Mar.
1
8 % Mar.
5
14% Mar. 29
9% Mar.
7
33
Mar. 30
54% Mar. 2
5% Mar. 7
6% Mar. 4
1% Mar.
1
32% Mar. 7
4% Mar. 11
1% Mar. 12

4

Mar. 31

8

Mar. 22

12% Mar. 31
7

Mar. 30

33

Mar. 30

45

48

48

Mar. 29

5X Sale
6
7%
IX Sale

4

Sale

4

4%

IX

3% Mar. 26
5% Mar. 36
Mar. 23

Sale

2

34

5%

5%
27

32

Sale

29
4

Mar. 11

-

44% Feb.

V7

Mar. 29

27

6

Mar.

4

7%
11
8

2%
3X

10
18%
10

%

8X
12%
8X

9%
15
9

12

10%
Sale
Sale
6%
Sale

10
11%
12 X
6X Sale

^

21
5

8

7

%

12

19

Sale
Sale
Sale

hi

9X

a

X

X
23

Sale

47

4%
2

95%
30%
SH

24

10%

13%
51%

50

%
X
6%
1% Sale
96% Sale
33% Sale
4
4%
5

5
Sale

Sale
Sale
4H

Mar. 31

Sale

Sale

10

Sale

15

18

5% Sale
Sale
4%
6%

10% Mar. 14
7% Jan. 17

Mar. 26

Jan.

4

Mar. 31

Jan.

12

8

Mar. 22

Jan.

12% Mar. 31
6% Feb. 11

Jan.

27
17

2

36

Mar. 25

Jan.

19

48

Mar. 29

Jan.

14

3% Mar. 26
5% Mar. 30

27*

12% Mar. 29
16% Mar. 31
10
Mar. 31
17
Mar. 30
5% Mar. 31
6% Mar. 29
7
Mar. 25

Mar. 23

17

10

Jan.

19

13

13% Jan.
10% Jan.

19
26

13

Jan.

10

13

Jan.

12

14%
8%
6%
22%
28%
13%
22%

Jan.
Mar.
Jan.
Jan.
Jan.
Jan.
Jan.

Mar. 29
Mar. 26
Mar. 19

Mar. 29

12

Jan.

8
7

Mar. 30
Mar. 31

2

8% Mar. 30
5% Mar. 31
4

10

Feb. 21

Jan.
Jan.
Jan.
Jan.
Jan.
Mar.

3M Mar. 28

8% Jan.

6% Jan.
7

1%
36%
4%
1%
2%
1%

1

Mar.

7

24

10% Mar. 3
12% Mar. 2
8% Mar. 14
6

Mar.

Feb.

Mar. 30

4

14

33

8

Mar.
Mar.

Mar. 11

Mar. 25

18% Mar.

3

28

Mar.

4

13

Mar. 22

12% Mar. 29
16% Mar. 31
10
Mar. 31

20

Mar. 10

17

8

Mar. 15
Mar.
2

5

Jan.

9

6

Mar. 29

Mar. 25

7

Mar. 25

7

3

Mar. 29

28

12
14
12

9% Jan.

7

17
19
15
7
6

Mar. 30

4

7

15

10
25
11

Jan.

10
11
Mar. 25

Mar. 29

4% Mar.

2

5% Sale
17% Sale

5X Mar . 31
17% Mar. 31

8% Mar.
21% Mar.

2
1

5% Mar. 31
17% Mar. 31

5% Jan. 15
8% Feb. 25
21% Mar. 1

X
%
14% Sale
10%
11%
41% Sale

X Mar. 17
14% Mar. 31
9
Mar. 30
41% Mar. 31

X Mar. 17
21% Mar. 9

% Feb.
9
14% Mar. 31

25

Jan.

Mar. 30

14

Jan.

Sale

3

%
%
5%
1% Sale

4%

Sale
Sale

94
26
2

4

11

}?H

.

5
4

5% Sale

17% Sale

21% Sale

12

Mar.

13

I*

36

Mar.

Mar. 31

Sale

8X
9
7X
10
4X Sale
8
8%

9

8£

Sale

1

Mar. 30

8

18

13 X
19

Mar. 28

8

7

25
12 X
15 X

1%

"l3% ~lV~

i*

13

Sale

4

5

8% Mar. 14
13% Mar. 11

Sale

7
9

7%

Sale

8

Sale

10%
11%
6%
5%
17

18

8% Mar. 14

15

7%

46*

26

1% Mar. 28

10

10

28

Jan.

4% Mar. 30

% Mar. 17

Mar. 29

X

11

"16"" "14""

3% Mar. 28
Mar. 26
Mar. 19

3%

1%
1%

1X
2%

36% Jan.

10% Mar. 14

2

2

46

7% Mar. 31
4% Mar. 30

33

53

i

preferred

Central S W Utll

Sale

5

30

Sale

1,050 Canal Const Co conv nref.f
4,350 Castle & Co (A M) common. 10
1,090 Cent Cold Storage Co com.20
*
5,940 Central 111 Pub Serv pre#

350

7% Sale

1|%

Sale

250

1,600

Sale

37

30%
54 %

30

Vi

i

17
10

4

4%
7%

common

6

33

7,100 Burd Piston Ring com
1
1(1
25,450 Butler Bros common
4,350
5% convertible preferred 30

20 Bunte Bros

16
8%

5% Sale

2,650
9,150
1,850

20

40
8%
16
5X
6
3% Sale
6% Sale
8X
9

Sale
9%
5
Sale
6%

35
60

5
10

com

38 X

10

6

12%

300 Backstay Welt Co

Feb.

1

17

Feb.

500 Allied Products Corp cl A.25
Common
10

100

1,650
2,950

49

5

Bearing common.1

3
2,300 Automatic Washer com.
3,200 tAviation & Transport cap.l

350
850

4

Advanced Alum Castings

350

2,350
1,300
3,250
8,250
1,200
4,250
24,500

47

8%
4%
3%

900 Automatic Products com...5

350
750

50

37 %

500

3,200

45

*
*

2,450
1,050
1.450

500

50

*

conv

Sale Prices

Sale Prices

47

com

Allied

Highest
Sale Prices

48

Adams (J D) Mfg com.

Aetna Ball

j

Highest

Lowest

Sale Prices

43

Abbott Laboratories com
Adam* Oil & Gas Co

1,020
47,330 Armour 8c Co common......5
1
1,800 Aro Equipment Corp com
J
5,050 Asbestos Mfg Co com
*
2,310 Associates Invest Co com
4,700 Athey Truss Wheel capital.. 4

19,300

]

1

far

1,300

10
40

.1927

Chicago Rys 5s ctfs

Ask

Ask Bid

Bid

1927

Chicago City Ry 5a
Certificates of deposit

STOCKS

6,600
1,070
18,550
■v 8,050

250

RANGE SINCE JAN.

42

1927

Cat & So Chic 5s ctfs

Shares.

Shares

$18,000

—

Lowest

Mar. 31

Mar. 1

1938
Bid

t1111

.-.i

Jan. 3

Since
Jan. 1

^

Jan. 1 to March 31

Price

STOCE EXCHANGE
In

t

vPRICES IN MARCH

CHICAGO

SALES

1937 O
$4,000
8,000

1938

March.

1,631,000
5,842,000

693,000
1,695,000

Shares_

March

EXCHANGE

Bond Sales

1937

1938

Stock Sales

^

8*

15

3

6

% Mar. 10
Mar. 10

1

Mar. 26

12

Mar. 10

9

41% Mar. 31

50% Mar.

% Mar

10

5

Jan.

~

1

% M&r.
6% Mar.
1% Mar.

Mar. 26

28

92

Mar. 24

97

Mar.

92

26

Mar. 31

33% Mar.

26

Mar. 31

3

Mar. 25

Mar.

12

Mar. 30

3
12

15% Mar. 30

4

Mar.

15% Mar.
16% Mar. 12

Jan.

25

Mar

30

15% Mar

30

1% Jan.

15
10
4

51% Feb. 28
% Jan.
6% Jan.
2% Jan.

11
17
4

97

Jan.

33%
5%
15%
21%

Mar. 4
Jan. 13
Mar. 2

6

Jan.

17

c.hlc

200
100

50

28,600
7,550

"7,406
1,400

City 8c Con Rj—
Common

Participation preferred... *

86,250 Chic Corp common........!
Preferred.
13,050
10 Chicago Electric Mfg A
14,700 Chicago Flexible Shaft com 5
2,650 Chicago A N W Ry Com..100
Chicago Rys—
......

130

130

30

350

790

1,110

80

34,000

66,100

Part certificates' 2"

60

34,860
1,450
4,000

96,810
8,450
7,850

230

1,960

50

650

350
50

790

X
30

32

15%
34
38 ha Sale
1
1%

Cities Service Co

com

Comm'wealth Edison

com.

9%
90
61 hi
2

IX
26 X

22
16%
57% Sale
1%
1%

17

"

3X

97%

22

Sale

Sale

•

810 t.udahy Packing

4

IX

12

15

96X

97 X

5
100

65

220

290 Curtis Lighting lnc com....*

13
3

5,500 Dayton

c.o

Rubber Mfg

pre#.

*

com

Cum class A pref...

35

7X
17

21

70

4% Sale

%

4,700 Cunningham Drug Stores 2%

64

3%

7

100

2%
«

Sale

13

IX
33

4

com...

&

1% Sale
1%
2
26%
28
24% Sale

6X

pref part shares

%

99% 100

9 V6

c

16%
34
49% Sale
% Sale

Sale

50

V t

iH

Sale
Sale

99%
Sale

Sale

7H

26

5%

part shs v t c A
50
Common part shs v t c B..*

Com

14,900 Cord Corporation.......

250

Sale
Sale

8

.25

Compressed lad Cases cap..5
Consolidated Biscuit com... 1
Consumers Co—

1* ■—g
1%

2

33

B' 2

2,450

1,050

"~ji

100

Chic Rivet 8c Machine cap..4

100 Continental Steel
Preferred
70

310

1
Sale

2

100

750 Club Alumiqum (Jten Co..
120 Coleman L'p A Stove com...

250

"4,350

Partic certificates I

370 Chicago Towel Co conv pref *
Common capital.........*
240

200

%

_•

...

Sale
13 X
5

8X
22

Sale

3%
1%
14
97%
98%
1% Sale
IX
X
12%

68

Sale

13% Sale
2
2%
9%
10%
20

60

98%
64

Sale

1

1% Sale

% Mar. 15
1% Mar. 30
25% Mar. 31
48

Mar. 18

% Mar. 30
% Mar. 26
% Mar. 14
5% Mar. 29

Mar.

Mar.

3

% Mar. 30
% Mar. 26
% Jan. 14
5% Mar. 29

% Feb. 24
% Feb. 28
2% Jan. 11
34

,

Jan.

18
3
3

98% Mar.

100
65
2

Jan.

1% Jan.

1% Jan.

Mar.

27

4

20

24% Mar. 22

22

Mar.
Mar.

30

Mar.

21

14% Mat.
3% Mar.

25

10

12

97

Mar.

Mar.

1

4% Mar.

9

2

10

8

Jan.

12

27% Jan.

7
12

Jan.

4% Feb. 17

Mar.

1

5

Mar.

4

4

Feb.

24

Mar.

4

2

Mar.

4

6% Jan.
2% Jan.

1

Mar.

3

1% Jan.
% Feb.

7

% Mar. 25

4

8

Feb.

Mar.

1

22

4% Sale
IX
2%
%
1%

2

1

Mar. 30

10

Mar. 30

98

~1% Mar.~26
'50"

14

58% Mar.

1
4

20

14% Mar.
3% Mar.

8

% Jan.
Jan.

4

Sale

14%
3% Sale

24

% Mar.
10

Sale

20

Feb.

18% Feb. 14
59% Feo. 28
1% Jan. 10

Mar. 17

1% Mar.
1% Mar.

1% Mar.

38% Jan.

% Mar.
8
% Mar. 14
7% Mar. 14

64

Mar.

1% Mar. 30
25% Mar. 31
18% Feb. 14

57% Mar.
1% Mar.

100

98% Mar.
58% Mar.
1

% Mar. 15
2% Mar. "
33

% Feb. 24
% Feb. 28

1% Mar.

10

Mar. 30

4
22

Jan.

5

13% Feb.

18

98

26

i

97% Jan.
7
1% Mar. 26

Jan.

2% Jan.

12

65

51

Mar. 30

68

1

51

Mar. 30

70

Feb.

18

12

Sale

12

Mar. 31

12

Mar. 31

2

Sale

2

Mar. 31

14% Mar. 17
2% Mar. 21
9% Mar. 2

2

Mar. 31

15%
3%
10%
21%

Jan.
Jan.
Jan.
Feb.

24
28
21
23

5% Sale

5% Mar. 31

Mar.

5% Mar. 31
20

25

25

Jan.

28

Decker (Alf) 8c Cohn—

400
10

2,300
20

50
18 X
20

pref.... *
*

5
Dixie-Vortex Co com........*
Class A.L
550
.......*

1,550

50

900

conv

130 De Mets lnc pref
610 Dexter Co (The) com......

60

120
200

2X

.....100

Preferred

80 Deep Rock Oil

10

JO

Common

2,800 Dodge Mfg Corp

For footnotes see page 56.




common.

_.*

4X
15

31
12

3%
75
26

2%

73

18"

25

4

15%

30%
11%

4%
16%
32%
Sale

1% Mar. 29

19'

63

45

20

30

24

21

6
16
35
14

2%

3%

19% Mar. 24

23

21

Mar. 23

2% Mar. 18
45

Mar. 23

1% Mar. 29
45

Mar. 23

3% Jan.
Feb.

61

17
8
25

„

19% Mar. 24

18% Feb.

4

20

Feb.

21

6

21

Jan

Mar. 23

5

4

Mar. 23
Mar. 22

21

4

4

Mar. 22

4

Mar. 22

13

6% Jan.

18

15
32

15
30

Mar. 28
Mar. 30

15% Mar. 10

15

Mar. 28

16% Jan.

31

30

30

Mar. 30

34

29

7%

9

7% Mar. 30

Mar. 30

11% Mar.

1

Jan.

7% Mar. 30

.

6

Jan.

13

14% Jan.

12

J

^

April, 1938]
AGGREGATE

CHICAGO

Jan. 1

8hares
550

Share*

3,500
2,000

RANGE SINCE JAN.

1

Price

Since

March

55

EXCHANGE
PRICES IN MARCH

chicago
stock exchange

SALES

In

STOCK

Jan. 3

STOCKS

1,700

Eddy Paper Corn (The)

*
5

12,840 El Household Utll Corp
4,800 Elgin Nat Watch Co
150 Fair, The common

Mar. 1

1938
Par

15
♦

„.

Bid

16%
3%
22

Ask

19%
Sale
23

Mar. 31

Ask Bid

Bid

18%
3%
20%

20%
Sale
21%

Ask

10%
2%

18%

Sale
Sale
Sale

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

10% Mar. 31
2% Mar. 29

18

15

21 % Mar.

Mar. 23

3% Mar.

Mar. 28

1
4

10% Mar. 31
2% Mar. 29

21

15

24

Jan.

6

28

Feb.

11

4% Jan.

Mar. 28

17
14
28

Jan.

6% Jan.

Pits Simons & Connelf Dock

1,050
1,150

1,750

450

2,550
2,450
200
650

3,200
37,100

A Dredge Co com

.

73,600

20

Gen Household Utll com....*
370 Godchaux Sugar Inc cl B...*
130
Class A
——*

2,300
2,100
7,710

6,100 Goldblatt Bros Inc com
*
3,550 Gossard Co (H W) com
*
18,160 Great Lakes D & D com—

10

550

1,200

300

Hall Printing Co com
.10
400 Hamilton Mfgcl A part pf_.10

420

1,070 HarnlschfeCer Corp com..10

5,100

11,800

550

1,400

50

Heileman Brew Co G cap—1
Heln

Werner Motor Parts.-3

50 Heller (W E)

110

;

...

100
550

2,250

Hormel At Co

(Geo)

A..*

com

6

6%

5%
5%
7

2

10%

2%
12%

2% Sale
12%
13%

46

55

51

9

10

4
Sale
2% Sale
11%
15
26
30
21% Sale
7%
8%
13

Sale

52

9%
3%

10
3%

1% Sale
20

13
32

19*
Sal*

18
8

15

5%
4%

6%
8

6

6

7

6%

Sale

6

Sale

6% Sale
4%
5

6%
7

5%
20

25

preferred

210
Without warrants
810 Hlbb Spencer Bartlett com.25
380 Horders Inc common...
*

370

7

6%

•

.

1,150 Four-Wheel Drive Auto
10
450 Fox (Peter) Brewing com_._5
5,300 Fuller Mfg Co common
1
4,500 Gardner Denver Co com
*
300
S3 cum conv pref..
20
1,600 General Candy Corp A
5
9,500 General Finance Corp com.. 1

.....

24

42% Sale

19%
43

17%

17%

48

52

8

2%

8%
Sale

1
10

Sale
20

28

38

14%

15%

5% Mar. 30

6

5

Mar. 29

8

Mar. 23

6% Mar. 16
8% Mar. 15

1% Mar. 28

Sale

8

7
Jan.
5
6% Mar. 16
8% Mar. 15
2% Jan. 11

5% Mar. 30
5

Mar. 29

8

Mar. 23

1% Mar. 28

10

2% Mar.

1

Mar. 26

12% Mar.

4

Mar. 26

16

Jan.

12

Mar. 22

52

5

Mar. 22
Mar. 23

52% Jan.
Jan.
10]

26

9% Mar. 16
3% Mar. 3
1% Mar.
1
15% Mar. 15
33% Mar. 10

43

Jan.

10

23

Jan.

8

8% Mar. 23
2% Mar. 31
1

Mar.

2

15% Mar. 15
33% Mar. 10
14% Mar. 29

Mar.

18

10

Mar. 31
2

Mar.

1

15% Mar. 15

Jan.

17

Mar. 10

Mar.

2

14% Mar. 29

Mar. 31

8% Mar.

15% Mar.

7
1

12% Mar. 29

6

5

Mar. 30

6

Mar. 11

3

Mar. 28

5%
6%
6%
5%

Mar. 10
Mar.
1
Mar. 14
Mar. 21

5% Mar. 23
5% Mar. 29
4

Mar. 30

20

20

Mar.

20

18

Mar. 30

40
13

39% Mar. 16
Mar.

20%

17% Mar.

5

20

23% Jan.

Mar. 31

6

5
3

Mar.

4

35

20% Mar.

4

18

43

Mar.

1

3

13% Mar.

3

1

18

Mar. 15

39% Mar. 16
13% Jan. 19
16% Jan.
7

5% Mar. 31
8% Mar. 31
% Mar. 31

10

Mar.

4

10

Mar.

8

Mar.

1

23

7% Jan.
6% Jan.
7% Jan.

10
20
11

7

Mar. 28

20

12

Feb.

Jan.

14

6% Jan.

Mar. 30

5

11

8% Jan.

17

16

5% Mar. 23
5% Jan. 27

Mar.

13%

26

Feb.

12% Mar. 29

5% Sale
3%
5%
5% Sale
5% Sale
4% Sale

16%
Sale

Mar.

50

Sale

6

12%

Sale

16

16

6
26%
21

1%
10%

Sale
Sale
8%
Sale
Sale

Mar.
5
Mar. 30

20

Mar.

5

20% Mar. 4
45% Feb. 18
14

Jan.

10

21

Jan.

12

Jan.
Jan.
Jan.

12
5

Houdallle-Herahey—

800

1,450
1,150
6,600
3,200
1,690
1,700
1,600

300

2,200
1,550
430

1,050
20
10

1,150
3,150
1,000

2,700
6,950
1,850

350

10

Sale
Sale

Illinois Brick Co

Iron Fireman Mfg Co
Jarvis (W B)

*

il*

v t c._

Sale

Co capital—..1

Sale
42

Sale
Sale

3% Mar.

37
3.

100
2,850 Ken-RadTube At Lpcom A..*
13,500 KLerlyn Oil Co common A...5
7,550 Kingsbury brewing Co cap.l
4,700 La Salle Ext Unlv com..
5

55

I

aw

beck

Corp b%

cum

Sale

29%

pfdlOO

Leath A Co common..
Cumulative

Sale

Sale

*

preferred....*

16%

2,150 Le Rol Co common
..10
7,100 Llbby. McNeill A Libby
*
5,200 Lincoln Printing Co com —*

2,950
2,650
70

Sale
Sale

Sale

190

27%

$3.50 preferred
1,950 Lindsay Light AChemcomt*

400

1,020

160

McCord Rad A Mfg "A"

*

340 McQuay-NorrlsMfg com.--. •
Manhatt-Dearborn Corp com*

2,150

4,200

30

130

14,050
10,100

55,300
21,050

_

280

380

Mapes Cons Mfg capital

*

Marshall Field A Co com—*
Mer A Mfrs Sec cl A com
Prior

1

preferred

♦

100 Metrop Indust allot ctfs
11,200 Mlckelberry's Food Prod com I
95,500 Middle West Corp capital...5
29,550
Stock purchase warrants...
8,800 Midland United Co com....*
4,550
Convertible preferred
*
.

.

460

640

50

240

10

140

880

2,060

if*
..." 1$
:::::

7%

Sale
3% Sale
20

30

18%
2%
3
5% Sale

7% prior lien..........100
7% preferred A
100

12

28

450

Preferred

•

com..

150 Nachman Springfllled com
830 National Battery Co pref..

650

Nat

5,100

7%

5,000

950

2,300

60

6

Republic Invest Trust—
conv. pref....
*
......10

stock..

20

Noblitt-Sparks Ind Inc
Nortb

American Car

50 Northern

16,350

Nonhwest

Paper

20 i

80

210
20

10
22%
7

Sale

*

com

si*
11*

com

610 Northwest Eng Co com
240 Nor West Utll pr lien pref. ISC
610
7% preferred.
1 St
30 Okla Gas A El 7% pref
100
30 Ontario Mfg Co com

310

-16"

com

Mills

Bancorp

5

20

Mar.

9
2

Mar. 10

54% Feb.
5% Mar.
3% Mar.
% Feb.
1% Mar.

Mar. 16

16

9

02%

Mar. 22

30

3% Mar. 2
15% Mar. 21
1
9% Mar.

Mar. 29

Mar.

2% Mar. 30
24% Mar. 25

3* Mar.
30

Mar.

Mar.

7

19

14%
5%

*/
22%
Sale

3
19

Sale

2%

2

Sale

5%
1%
%
2%

4%
%
%
2%

Sale
Sale
%
3%

1

Sale

1%

Sale
1%

24

Sale

22%

3

5% Mar. 25
26

7

Sale

29

4%
7%
24% Sale
3%
4
39% 42%
23

8% Sale
19% 22
6
6%
5

Sale

21

Sale

"3%

Sale

i?8 i<!*
2%

Sale
40%

15%

1

Mar. 28

1

Sale
6

4

25

Mar. 25

5% Sale

"24% Mar." 1

14

Sale

.8 ....* ...*

4% Mar.

8% Mar.
1
22% Mar. 16

5

12
2

Sale

10

Sale
Sale

5

6%
13

8

11
105
15

22%
10%

7
Sale

32
12

5%
8%
19

Sale

12

15

8%

7%

105

105

Mar. 17
Mar. 30

8% Mar. 31
19

Mar.
8
Mar. 2
Mar. 15
Mar. 8

13

Mar. 31

1

Mar. 31

290

.....*

Common

7%

20

Convertible preferred...
550 Parker Pen Co (The) com..10

""loo
135

1,285
1,200
1,250

500
400
150

Pea body Coal Co

Kle<

B com—

560

250 Peoples Gas Lt A Coke cap 100
850 Perfect Circle iThe Co
950 Pictorial Pap Pkg com

50 Pub Serv of Nor 111

"l",666

4,170

310

com

Ouaker Oats Co com

1

60

150

Preferred.

.

1

1%

*

1

12,100

40 Ross Gear A Tool

"

1,950
1,200
400

2,100

...

com

For footnotes




56*

"99%

85
129

140
2

23

Mar.~3l

30%
27%
3%
%

1% Mar. 31
% Mar. 18

o

Sale

7% Mar. 29
96

Mar. 30

*

1
*

1

Sale

20%
26

26%
13

is*
¥0
?1*
63

3%
23%
12%

Sale

4

31%
13%

2

Sale

23

25

6

12

99

7

Mar. 4
Mar. 17
Mar. 25
Mar. 2

Mar. 30

18

11
Mar. 22

16
3

Jan.

10

7

Jan.
Jan.

5
10

Jan.

9% Jan.
4% Jan.

2

10

5

Jan.

5

Feb.

4

5

Feb.

9

1% Jan. 20

1

Mar. 28

1

Feb.

14

% Jan.
2% Jan.
6% Jan.

25
13
14

20

Mar. 25

2% Mar. 31
Jan.

6

15% Mar. 30

7% Feb.

3

2

1%
1%
4%
7%
27%
4%
41%
16%

Jan.

19

Jan.
Mar.
Feb.
Feb.
Jan.
Jan.
Feb.
Mar.

10

Mar. 29

4

Mar. 22

4

6% Mar. 22

3% Jan.
14

Mar.

Jan.

I

12

Mar.

Feb.
Mar.

Feb.

19

Jan.

100
13
8

Mar.

Mar. 26

32
II

Mar.

7% Mar.
27% Feb.

27% Feb. 15
14% Mar. 3

Jan.

% Mar.
12

Mar.

15
Mar.
1
Jan.
6
Jan.
8
Jan. 17
Jan. 25

1!*

8% Mar.

14

10
12
2
12
11

10

Mar.

2

10

Jan.

23% Jan.
2% Jan.

% Mar.

8% Mar.

Jan.

Mar.

33

Feb.

24

Mar.

29

Jan.

3

Mar.

4% Jan.

Mar

Jan.

Mar.

Jan.

% Mar.
81% Jan.

Jan.

141

9

20

Mar.

2

10

Mar.

63

Mar.

5
1

3% Mar.
23% Mar.

5

3

12% Mar. 11

16% Jan.

ll>f

7% Mar.
Mar.

99

% Mar. 25
20% Feb.
7
15% Mar. 31
Mar. 29
Mar. 30

Mar. 30
Jan.

Feb.

9
10

10
12
13
8
6

13
1

18% Mar. 23
2% Jan. 18

1% Mar.
% Jan.
96

13

14% Mar. 11
5
9% Jan.

3% Mar.
24% Mar.

Mar.

3

21

20

129

Mar.

12
1
23
12
19
21

8% Mar.
1
22% Jan. 19
6% Jan. 13

2

1

11

3
1

Mar.

10% Mar.
1
98% Mar. 10

10
8
10

% Jan.

85

8

Mar.

10

Jan.

1% Jan.

3

Mar.

15% Mar. 31
7% Mar. 29
47% Mar. 30
2

Mar.
Mar.

14% Jan.
31

81% Jan.
100% Jan.

2

1

23% Mar. 5
8% Mar. 28

Mar.
1
Mar. 14

18% Mar. 23

% Mar. 25

% Sale
18%
15% Sale
7% Sale

1
1

Mar. 28 140

17% Mar. 29
Sale

1

?a*

see page

% Mar. 28

10% Sale

360 Slgnode Steel Strap Co pf.3l)
Common
•

1,450

Mar. 29

% Mar. 24
% Mar. 16

97

Sal*

Serrlck Corp cl B com

Mar. 31

3

1%

2

1

9,650

24

Sale

139
18

10

3,900 Sangamo Electric Co com
*
2,600 Schwitzer Cummins capital. 1
1,700 Sears Roebuck A Cocom. ...*

20

400

98

..........100

Common

Mar. 26

14% Mar." 3
% Mar. 9
14% Mar. 11

7

11

Feb.

8% Mar.

Mar. 29

21

Mar. 22
25
Jan. 10
2% Jan. 14
Feb.
34
4

Mar. 31
Mar. 31
Mar. 30

1%
4%
%
%

5

Mar.

15
11

Jan.
Feb.

19

4

Feb.

24

1

70

Rollins Hos Mills conv pref

3,350

33

..*

Mar. 29

3% Mar. 30
24% Mar. 23

5
14

10

5% Mar. 30
2% Mar. 26
19% Mar. 25

96

8

15

Jan.

22% Jan.

19

2

"

28%
4%

3%

2,650 Raytheon Mfg Co com vtc 50c
3,000
6% preferred? tc
5
1,580 Reliance Mfg Co Common. 10

680

12

31

*
ISO

910
Preferred...
850 Rath Packing Co com

150

1,250
1,400

15

27

5

4,500 Pines Winterfront com
2,650 Potter Co (The) com
1,190 Process Corporation com

990

7% Mar. 31
14% Mar .'30
% Mar. 30

6

400

2,300
1,650

8%
14%
%

Jan.

9

19

Jan.

9% Feb.

30

13$

18

Mar.

15

9%

14

* com

Mar. 17

% Mar. 22

96

Mar. 29

25

Penn Elec Switch conv A..10
Penn Ga» A

5% Mar. 25
26

Mar.

Oshkosh B'Gosh Inc—

150

2

21% Mar. 11
10% Mar. 2

8% Mar. 30
96

Mar.

%
9%
18%
2%
10
6%

Mar. 31
Mar. 29

12

7

21

Mar. 23

10

8]

Mar.

6% Mar. 22

Mar. 31
Mar. 24

14

10

14

7

Mar."35 '16% Mar."21

8y.
12% Sale
2
2%

34

6

40

6

30
4

7

Mar. 23

18% Sale
2%
3

10%

Mar. 22

2% Mar. 31
15% Mar. 21
7% Mar. 31

1% Mar. 17
24% Mar. 31

4

Mar. 22

Mar.

1% Mar. 24
3% Feb. 18

31

28

Mar.17

4

5

21

16% Mar.

3

1

29

5
31

3

1%
1%

Mar. 29

III

19
13
6
66
Mar. 18
5
28% Jan.
60% Jan. 18
Jan. 13
12

Jan.
Jan.

Mar. 28

8% Mar.

17
17

Jan.
Jan.
Jan.

3

1% Mar. 12
1% Mar. 12

20

Jan.

5

1%
1%

3% Mar.

22

Mar.

Mar. 4
Mar. 15
Mar.
1
Mar. 3
Mar. 4
Mar. 18
Mar. 10
Mar. 12
Mar. 12

2% Mar. 31

10
22

Jan.
Jan.

Jan.

8
19
Mar. 12
8% Mar. 2
3% Mar.
1
24
Mar.
1

2%
5%
1%
%
4%

11
11
8
10
15

Jan.

15%
18%
23%
40%

9

Mar. 10

31
31
30
3
23

Mar.
Mar.
Mar.
Mar.
3% Mar.

15%
8

5
20

1%
4%
%
%

8

8
Feb.
Mar. 18

16

3
Sale
Sale
%
3%
1%
1%
1%
2
1
1%

Jan.

11

5% Mar. 26

% Mar.

5% Mar. 30
2% Mar. 26
19% Mar. 25

Jan.

7

4% Feb.

4

6% Mar. 29

Mar. 17

% Mar. 22
Mar. 12
19

29

30

16

32

8

Mar.

Jan.

Mar. 29

1
4

Mar. 22

2

10

Jan.

2% Mar. 30
24% Mar. 25

2

30% Mar. 18

27
%

8% Sale
3% Sale

23

I

cap

5

1% Mar. 24

Standard—

Common

National Union Radio com

60 Nineteen Hundred class B..1

15,250
3,000

5

40%

4%

Cumul.
National

1,750

.....

20

700 Nat'l Pressure Cooker Co...2

400

4,290

d"/l

39%

...

60 Mountain States Power pf. 100

50

21%

•

—

500 Monroe Chemical Co

Mar.

24% Mar. 31

6

1

6%

240
60

3
65

23% Mar.

30

%

"3%

Modine Mfg com...

1

Sale

6% preferred A.........100
Miller A Hart Inc conv pref •

2,950

5

30
25

31
31
Mar. 24
Mar. 30

Mar.
Mar.

11

Mar. 29
8
Mar.
Mar. 31

Mar.
Mar.
Feb.
Jan.
Mar.
Mar.
Mar.

Mar. 17
Mar. 18

Sale

200 Mlnn's-Moline Pow Imp com.*

"l",6 50

6

4

5
16% Mar. 28
1% Mar. 17

Sale

640 Midland Utll 6% pr lien.-IOO

490

16

37

4% Mar.

2% Mar. 31
15% Mar. 21
7% Mar. 31

2

11,000 l ion OH Ref Co com.
3,100 Loudon Packing common—•
1,150 Lynch Corp common
5

670

5%
3%
%
1%

9

66*
11*

Mar. 28
Mar. 31

Sale

3

Mar.

39

5% Mar. 26

55
Sale

2

Mar.

21*

Mar. 24
Mar. 30

Mar. 18

cum

Mar.

Mar.

15% Mar. 17

H*
i%

Mar. 30
Mar. 31 108

14%
4%
4%
3%
13%
11%
15%

4

13% Mar. 8
11% Mar. 31
15% Mar. 31

20

600

5,550

5
100

Mar, 30
Mar. 16
Mar. 31 105
Mar.
3
Mar.
1
14% Mar. 30 24
4% Mar. 25
5% Mar. 2
4% Mar. 21
4% Mar. 21

20

500

5,250
2,350

5

pref. 50

7,750

29,250
18,650
3,950
1,200

4%
9%

*

lefferson Electric Co com

840 Kentucky Utll Jr
450
6% preferred

170

"4,266

Sale

•
1

5% Mar. 31
8% Mar. 31
% Mar. 31

100

Mar. 18

2,900

650

..10

Illinois Nor Utilities pref.100

66

250

850

Sale

90

190

4,100

Sale

1

Hupp Motors com

....

230

1,750

Hubbell, Harvey, Inc com..5

650 Joslyn Mfg & Supply Co com 5
7,700 Kat* Drug Cocom—
1
6,400 Kellogg Switchboard com—*
20
Preferred
...100

2,650
3,700

10,000
2,600
1,750

Sale

..

Indep Pneum Tool v t c
Indiana Steel Prod com
60 Interstate Power $7 pref
100
$6 preferred

400

80

Class B..

27

8% Mar. 28

Feb.

17

Jan.
Jan.

13
4

1% Jan. 15
20% Feb.
7
27

Jan.

8

13%
63%
5%
28%
17%

Jan.

11

Feb. 23
Jan. 11
Jan. 14
Jan. 10

CHICAGO

56
aggregate
In

Since
Jan. 1

Share*

Par
Shares
290 Sirjet Steel Castings com—*

100

160

1,700
5,250
200

Common
Standard Gas & Elec

com

Storkllne Fur com

8,300 Utah Radio Products cofa__*
5
1,850 Utility 8c Ind Corp com
Convertible preferred....7
6,400
510 Viking Pump Co common...*
50
Preferred
*

260

1,000
6,000
700

2,250
12,850
1,630
1,050

"""266

310

1,500
2,550
1,850
600

550

15,750
♦

4

28

13

Mar.

2

Mar. 31

17

Mar. 10

Mar. 25

Wahl Co
Ward

*

com

Walgreen Co com

.....

*

(Montgom) 8c Co cl A.*

Wieboldt Stores Inc com....*
Cum prior preferred......*

Mar. 30

64

Mar.

Sale

7X Mar. 30
IX Mar. 23
2X Mar. 25
12 X Mar.
1

11

Sale

3

4X

12 X

Sale
Sale

iv
4

4X

12 J*

14

71

73 X

A*
16
X

78H
1X
X
IX
16 X
37

4

Sale

5

8




x

Ex-dividend.

3X Mar. 31
Sale
79X
1h

15 X
59 X

%
y8

X

40 X

3%

UH

Sale

60 X
1
Sale

IX

2
23

1651, Sale

t Formerly the Oord Corp.

1

1

18

73

Feb.

10

64

Mar.

7% Mar. 30
IX Mar 23
2X Mar. 25

13

2X Mar. 25
1
5X Mar. 3
9X Mar. 1

.

1

3

5

Mar. 31

12
6

Mar. 31

13

Mar.

12 X Mar.

Mar.

1

Mar. 30

Mar.

8

22X Mar. 30

Mar.

8

3X Mar. 31

16X Mar.

1

14X Feb.
3
>3 X Mar. 30

Mar. 30

15

ii

Nonpar value.

Mar.

2X Mar.

22X Mar. 30

Sale
10 X
11
76 X Sale

8%

Jan.

27 100

Jan.

1

21
2
1

15
15
11
Feb. 28
Jan. 17
Jan. 17
Jan.

Jan.

Jan.

~

Sale

IX
IX
18% Sale

Common
10,050
.....2
4,700 Woodall Indust com
...5
1,350 Yates-Amer Mach cap
*
2,950 Yellow Cab Co Inc (Chic)
*
38,400 Zenith Radio Corp com

Mar. 31
Mar. 31

Sale

136

com...*
Wisconsin Bankshares—

Jan.

Jan.

58

3X

3,150 Williams OIl-O-Matic

12

Jan.

Sale

2

25

50

2,250

Mar.

16
2

11

.....15

3,050
600

12

1% Mar. 25

"80""

*

50 Union Carbide & Carbon cap*

Feb. 21
Feb.
1
2X Jan. 31

12
Mar. 4
13 X Mar. 31

04X

*

2,150 Thompson (J R) com......25
2
5,000 Trane Co (The) common

Highest
Sale Prices

2%

Sunstrand Mach Tool com..5
Swift Internaclonal

Lowest
Sale Prices

16 X

"64""

10

Swift & Co cap 8tk_.

Highest
Sale Prices

15

2

1

200 Stein & Co (A) common

2,750
4,750
23,300
6,500

Lowest

15 X

50 Southw GAB Co 7% pref.100
90 Southwestern Lt 8c Pow pfd_*
610 St Louis Nat Stockyards cap *
3,900 Standard Dredge conv pref20

13,150
1,300

Ask

12

South Bend Lathe Wki cap 5

2,900

1,450

Bid

Sale Prices

Mar. 31

Mar. 1

1938
Bid

270 Sou Colo Power A common.25

100

1,050
2,050
9,800
2,650

STOCKS

3,350

150

1

Price
Jan. 3

March

1,800

RANGE SINCE JAN.

PRICES IN MARCH

CHICAGO
STOCK EXCHANGE

SALES

EXCHANGE

STOCK

23

_

5

14 ^ Mar. 23
63 X Mar. 30

63 X Mar. 30

X Mar. 29
H Mar. 14
IX Mar. 29
14:X Mar. 29

IX
X
IX
16X

Mar. 3
Mar. 14
Mar. 14
Mar. 8

37 X
1

Sale

15

Sale

119X 135
9

75

2X

1
Mar. 23
IX Mar. 8
15
Mar. 31
19
Mar.. 2
129 X Mar. 25 136
Mar.
1

10 X

82
3

3X
4X
2X Sale
IX
2X
9
7X

73H Mar. 24
2 X Mar. 25

h

z y±

Mar. 30
Mar. 30
ovxar

1% Mar

23

8

Mar

26

9% Mar

31

76X Mar. 1
3X Mar. 17

4% Mar.
3% Mar.
2X Mar.
9

2
4

5

Mar. 16

16X Mar.

1

Ji Mar.
% Jan.
IX Mar.
\.4X Mar.
\6H Jan.

29
18
29
29
17

18% Jan.
27

Jan.

11
15

5X Jan. 12
16% Feb. 25
63 X Mar. 30

IX Jan.
X Jan.
2
18

12
7

Feb. 25
Jan.

14

37 X Feb. 18

IX Jan.

8

20 H Jan.

11

L5

Mar. 23
Mar. 31

19X
LOX
!3%
2X

Jan.
6
Mar. 25 140
Jan. 28 12 X Jan. 15
Mar. 24 79 X Feb. »3
4% Jan. 18
Mar. 25

1

3X Mar. 30
2% Mar. 30
IX Jan. 28
8

Mar. 26

9X Mar. 31

5X
5X
2X
12 X
17^

Jan. 10
Jan. 15
Mar. 5
Jan. 12
Jan. 12

Baltimore Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
1937

56,744
164,121

98,482
268,623

Sharesm

Jan. 1 to March 31

AQQREOATE

SALES

In

Jan. 1

Jan. 1 to March 31

__

RANGE SINCE JAN.

PRICES IN MARCH

BONDS

100 3%« Public Impt....
4s Sewerage Impt

1,100

Mar. 1

1938
Bid

Ask

Bid

Ask

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

101

1940
1961

__

Lowest

118% Mar. 11 118% Mar. 11

1961
1,400 3%« New Sewerage Imp..1980

7,000
1,000

"T,666
1,000
1,000
3,000
Share*

9,400 Atlantic Coast Line 5% ctfs. J
278,000 Bait Transit Co 4s flat..1975
A 5s flat
90,450
a.
1975
B 5s
1975
9,500
17,000 Finance Co of Amer 4%..1942
1,000
4%
1947
1,000 Interstate Co 5%
1948
1,000
5%
1945
2,000
5%
1949
2,000
5%
1950
14,000 Read Drug A Chem .m*.1945

STOCKS.

Shares

4,192
25
505
865

1,950
50

7,505
2,839
6,220
4,058

849

945
480

315
25

3.506
76
95
496

13,761
425
584
294
64
248

4,287
4,482
45
500

386
15
11

*

1st Preferred

com y

▼

133
*

*

t c

Sale

*

t c

99

4,064 Eastern Sugar Assoc
Preferred
2,045
1,446 Fidelity A Deposit

15%

16

1%

Sale

.100
Y

t.

Common class A

....

Preferred

10ft

194 Northern Central Ry

16

1,225 Owlngs Mills Distillery

1
889 Penn a Water A Power com
•
41 Phillips Packing Co., pref. 100
11 Real Estate Trust Co

v*




1

Mar. 31

94

Sale

Jan.

17 112
91

Jan. 17
Feb. 17

21% Mar. 2
82% Mar. 21
99% Mar. 16

15% Mar. 31

27

Jan.

78

1

85

Feb. 24

1

99% Mar. 16

94

Mar.

Mar. 31

99% Mar. 22
99% Mar. 17
99% Mar. 22
Mar.

4

15% Mar.

1

Mar. 29

23% Jan. 15

15

Mar. 31 102

101

13% Sale

12% Mar. 30

15

25

1% Sale
14% Sale
Sale

9

10 %

Sale
Sale

% Mar. 31
9% Mar. 30

56

Sale

55% Mar. 31
112% Mar. 31
4% Mar. 30

%

Sale

63

23

112% Sale

Mar.

96% Feb.

15

94

Mar. 31

94

Mar. 31

99%
99%
99%
99%

Feb.
Mar.
Jan.
Feb.

99%
99%
99%
99%

Feb. 16
Mar. 22
Jan. 27

16
22
27
23

Feb. 23
Feb.

2

Jan.

Mar. 31 102

101

Mar.

1

25

Mar. 10
Mar. 15
Mar.

1

Mar. 16
Mar.
1
Mar. 11

Mar.

2

Sale

17% Sale
98% Sale

Feb.

% Feb.
% Alar.
9% Mar.
Jan.

20

55% Mar.
112% Mar.
4% Mar.

9%

10%

~9% "10%

14%

15%

16%

12

36

Sale

Sale
Sale

Sale

7

2%
2%
15%
24

8

Sale
Sale
Sale
25

"6%

6%
2%

2

*15" "16"

10
23

2%

1%
23%

24%

*48" "54"
10%
1%
93%
%

Sale
1%
97
Sale

Sale
Sale

Sale
Sale
Sale
3

41%
10%
1%
86%

11
Sale
90

8

Sale

1% Sale
74

Sale

% Sale
66

Mar.

3

11

11

76%
29%
9%

Mar. 30

Mar.

1

11

75%
29%
9%
9%
11%
%
6%

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

31

Mar.

1

31

Mar. 15

29

Mar.

11

Mar. 11
Mar.
1

8

75% Mar.
29% Mar.
9% Jan.
9% Mar.
11% Mar.
% Jan.
6% Mar.
% Feb.
1% Mar.
1% Alar.

30
8
28

2

Mar. 17

Mar. 21
Mar.
8

1% Mar. 31
1% Mar. 31

Mar. 22

Mar. 31
22% Mar. 31
2
Mar. 22
41% Mar. 30
7% Mar. 30

Mar. 10

7

Jan.

12
7

1

Jan.

6

Mar.

17
11
14
Jan. 17
70
Feo.
5
115
8% Jan. 13

2% Jan.
17% Jan.
23% Jan.

18% Jan. 12
104% Jan. 25
8
35% Jan.
9% Feb.

2

9% Mar. 11
17% Jan. 11

,3*

Jan.

21
21

Jan.

7*

24

Jan.

Jan.

8

Jan.

Jan.

8
15
12
11

47% Jan.
11% Jan.

27
15

Mar.

Jan.

7
5

22% Mar.

25% Jan.

Mar. 11

11

2
Mar. 11

41% Mar.
7% Mar.
1% Mar.

Jan.

21

29

Mar. 29

74

94

23

Mar. 11

10

1% Mar.
74
Mar.
%Mar.
60
Mar.

Mar.

28

12% Alar.
23

% Mar.

92

Mar.

Mar.
Mar.

10
2

Alar.

Mar.

% Mar.

3

H
75*

Jan.

7
3

Jan.

10

Jan.

21

Jan.

2

13 J

Sale

20

32]

34

13%

14

26
9

29%

Mar.

3
2

70

Mar.
Mar.

64
28
Sale

25
7
Mar.

Mar.

70
63
36

-.25

.......

Mar. 10

% Mar.

100

193 Western National Bank

r

Sale

Mar.

99% Mar. 16

10

1

20

—~

.*

8,543 New Amsterdam Casualty..2
20,467 North Amer Oil Co com

No par value.

15% Sale
26%

23

-if"

20

100

Guar

15% Mar. 31
78

99%

*""% Sale"

..1*.

1

com

1st preferred

A

Mar. 29

15

99% Mar. 17
99% Mar. 22

Sale

Second preferred.......100
Mar Tei Oil
1

U S Fidelity

Sale

101

Sale

Merch A Miners Transp
*
Monon W Penn PS 7% pref 25
134 Mt Vern-Woodl Mills Com 100

30,320

16

80

99%

101%

65

Houston Oil preferred
186 Mfrs Finance common

484

Sale

99% Mar. 22

114

8,354

37,101
13,749
1,421
1,174

21%
Sale

97%

15

99%

*

941 Fidelity A Guar Fire Corp. 10
457 Finance Co of Am class A.. *
Class B
100
25

740
761

Sale

94

.....100

Consol Gas SLft Power

5% preferred

21

78

96%

Black & Decker common....*

95 Seaboard Comm'l Pref

13",276

25

20

Jan.

Par

Corporation

Bait Transit Co

10 101

90% Feb. 17
Sale

240 Brager Elsenberg Inc com..50

4,157

492

668

Arundel

Jan.

Jan. 17 118% Mar. 11
116)£ Jan. 26 117% Jan. 17

118
112

23

330 Atlantic Coast L (Conn)...50

2.051

1,390

1

Sale Prices

Mar. 31

Ask Bid

800 City 4s Dock Impt

88,500
43,500
6,000

$137,050
346,300

$152,400
429,750

Jan. 3

BALTIMORE CITY BONDS—

400

March

Price

Since

March

BALTIMORE
STOCK EXCHAN GE

1937

1938

Bond Sales

1938

Stock Saks

March

Mar.

7

Mar.

7

64

Mar.

64

Mar.

37

Jan.

7
6

1

36% Jan.
8% Mar.

Jan.

17

30

33

Jan.

7

8% Mar. 29
30

Mar. 18

Mar.

Mar. 29

60

Alar.

72

RANGE OF PRICES ON BOSTON STOCK EXCHANGE
Stock Sales

1938

March

Shares.

Jan. 1 to March 31___

AQQREQATE

SALES

March
%
,

BONDS

27,000
23,750
5,800

Mar. 1

1938
Bid

Ask

62 k

55

60

49

Sale

49

Mar. 31

19

J

80

60
70

70
83

50
58

58
80

55

Mar. 28

60k Mar. 25

55

Mar. 31
Mar. 28

63k Jan.

72 k

9

Mar. 25

70

Mar. 25

60

Mar. 25

75
70

10

60

Mar. 25

40c

75c

32c

Mar.

80c

Mar.

32c

Mar.

80c

Feb.

1948

STOCKS

394

476

23,306
181

57,207

Amer Pneumatic Service
non-cum

♦

preferred

__

80c

55c

50

lk

50

Amer Telep 8e Tel
eg

12 H
143 %

100

81 Assoc Gas & El Co class A„_I
1G Bigelow-Sanford Carp com. *
206 Blgelow-San Carpet pref.lOO

1,210
2.481
1.482

3,082 Boston Ac Albanv
..100
7,943 Boston Edison Co
IIlOO
3,997 Boston Elevated.._.
100
2,608 Boston Herald Traveler Corp*
135 Boston Be Maine pref stpd.lOt
Common
392
IOC
Preferred
5
100

Prior pref
"1100
Class A 1st pref
stamped 100
1st preferred class
A
100
Class B 1st pref
stamped 100
Class C 1st pref
stamped 100
1st pref class C
100

585
606

>368
20

240
11

Sale

66

""350

1,678 Boston Personal Prop

2X
3k
IX
10 X
3X

25
25

& Fue' Assn

»

com

Cum Prior pref... 100
6% Cum preferred
ino

7

4%
35c

2X
Sale

Sale
70c
Sale

3

49 X
26 X

100

90c

554

10«

20

135

j^o

6

100

50
27 X

2

pr*,e"*d
B

848
Adjustment
4,055 EaaternSS Lines,

Preferred

80

30
142

302

1,515

4,113

70
415

903
844

ImI:.:.

695

115

•
,

Stores""*

S2Sr&Ssrs£rTo:
3E2&

c?.™p,d2!

1,200

3,133 Gillette Safety Razor Co.." 170 Hathaway Bakeries cl A
*
Preferred
40
*
Mi
m ™ * ** *"m *■ m **
790
1,850

1,528

5.323

1,412
30
50

co

15

"

98

'

ISn?8 oncoVreVfs::::::!
I Button
Hole Mach Co. 10
nt

!!!l ^°Jr«Lc°w
h°^w

jo

• Theatres

28

783 Maine Central

235

Preferred 5%

370

95

]0o

v t

o...*

2,500
2,718
36,740 Narragansett Rac'g Assn I~ncl
860 Nat Service Co

""650

com

1,890 National Tunnel

shs t c
1
& Mines..*

200 N E Gas Be El Assn pref

100

\£W
Tal Be Pel...200
146 Ne* Wver Co com
100
Preferred
63
inn

1,153
6,930

2,336
30,650

240

841

60

131

Y.w 5 * Hertford"IIII100
?Utt*
2.50
CId
m

omn

Colony........

r«i^e^tlfifateS

ioo
5Q

"*25

321 Reece Button Hole MachlllO
451
Folding Mach Co
10

102
301

6,914 Shawmut Assn T C
9,303 Stone A Webster Inc cao'stk

1,935
3,584
100

270 Suburban Elec Secur com..*
2d preferred
35

1,899

6,105 Torrlngton Co (New)
""I r
230 Union Copper Ld Be Mln Co 25
1,165 Union Twist Drill
5
12,993 United Shoe Mach Corp.
52
1,088
Preferred...
""25
24,543 Utah Metal Be Tunnel."""!.l

"

550
386

11,703
27
945

1,381

50 Venezuela Holding Corp... 1
154 Vermont A Mass Ry Co...100
2,741 Waldorf System Inc...... *

3,130 Warren Bros

79
No par value.




161
*

P) Be Co

Ex-dividend

1

com

*

70

2k

8X Sale
6

Sale

35c

2X
49 X
27 H
80c

75c

3X
Sale
28 H
IX
22

18
6

8

2

5

3X

3%

13

18*

14H
19

2

IX
5X
10 X

"IX
6X
Sale
4

20
28c

45c

45c
18

50c
22

29

35c

40c

"19" "22"

5

J5*
22
2

IX

25c
24

Sale

12 He

25t
IX

"99H Sale"
2%
Sale
Sale

2X
10
Sale

IX
51
Sale

35c
20

IX
20c

12c

2X

3%

1

2

Mar.

1
1

Mar. 10

IX

2X Mar.
2 k Mar.

3X Mar. 10
2X Mar. 14

3

4X Mar.

3

'45"
1

10
70
3

5X Sale
4X Sale
31c

Mar. 16

109k Mar.
48 k Jan.
13 k Mar.
2

7

2

2

65c

9

Mar.

11

Mar.

7

9

Mar.

66

Mar.

4

60

lk Mar.

IX Mar. 10

5% Mar. 30
4X Mar. 31
31c

Mar.

8

Sale

2X Mar. 18
42X Mar. 30

Sale

20

80c

Sale

80c

12

14 H
Sale

14X Mar. 28
5X Mar. 31

5X
1

2X
17 X
13
16
23 X
1

5

2H

3

2X
20
Sale
Sale

IX
Sale

2

Mar. 30
Mar. 19

Mar. 14

2X Mar. 28
20

Mar. 15

13
16

Mar.

7
Mar. 31

25X Mar. 29
IX Mar. 28
5

9

Mar.

6

Mar.

1

31c

Mar.

8

3

3

Mar.
Feb.

Mar.
Feb.

75

8

Mar.
2
Mar. 12
Mar.
2

2 k Mar. 18
42k Mar. 30

80c

Mar. 30

Mar. 19
Mar. 3

X Jan. 24
14 k Mar. 28

6

Mar.

2

Mar. 14

5k Mar. 31
lk Jan. 28
2k Jan.
4
20
Jan.
7

22

8

3% Mar.

3
Mar. 15
Mar.
7

20
13
19 X Mar.
28 X Mar.
Mar.

Mar. 31

2

7
8

Mar. 23

12

Feb.

18

15k Jan.
4
25 k Mar. 29
lk Feb.
5

10
Mar. 31

40c

50c

28c

Mar. 31
Mar.
8

35c

Mar. 25
Mar.
8

7k Mar. 31
lk Feb.
7
19
Mar. 31
27c
Jan.
7

Sale

25c

Mar. 16

40c

Mar. 14

25c

Mar. 16

19

Jan.
Jan.

7H Sale
19

17

Sale

7X Mar. 31
19

lox Mar.
20

1

22

92

Sale

5

Sale

6c
19

4k

2

4X

X

3
19
2

Sale

4X
5
40c
15 X

Sale
4
20

10X
8X
75c

90c

26

25c

35c
20

Mar. 10

18X Mar. 30
3X Mar. 26

7
18

Mar. 11
Mar. 11

IX Mar.
20c

4
Mar. 10

21X Mar.
4X Mar.

2

IX

2X Mar.

1

Mar.

Mar. 31
Mar. 18

94

Mar. 31

65

2

81

12
Sale

10
65

40c

Sale

37c

Mar. 25

2

3

3

Mar. 29

42c

"80c"

40c

Sale

IX Mar. 30

2X Mar. 17

18*
1SH

22

21

Sale
Sale

Mar.
2
9 k Mar. 30

14X Mar. 30
2

18

Mar. 30
Mar. 11

"2"

IX Mar. 22

Sale

9

Sale

5% Mar. 29

50c

Mar. 31

75c

Mar. 23

18

Mar.

15c

Mar. 26

10

59c

25c

Sale

30c

81

65

Mar.

9 k Mar.

2X
10X
9X
75c

Mar.

18

Mar.
Mar.
Mar.

9

Mar.
Mar.

lk Mar.

Mar. 23

25X Mar.
15c

Sale

55c

Mar. 30

92c

96
8

101

96

Mar.

97k Mar.
8X Mar.
3X Mar.

Mar. 29

2

Mar. 26
Mar. 2

65c

1754 Mar. 22

8

2
Mar. 10

1X

Sale

Jan.

Jan.

5k Mar.
75c
Feb.
40

3l

Sale

22 x

30c

2

90c
55c

"M

5

Mar.

20
69k Mar.
40X Mar.

Sale

2 k Mar.

14 k Mar.

50

3X

Mar.
Mar.

Mar.

39X Mar. 10

23

3

Mar.

Sale

95

37c

Mar.

Sale

Sale

lk Mar.

13 X
22 k
3k
19

18
50

8X

8

Feb.
Mar.
Jan.
Jan.

44c

40X
55c

1

4% Mar. 21
2X Mar. 11

Jan.

lk Jan.

3

3

Jan.

18k Mar.
3k Jan.

Mar. 18
Mar. 31

2

5X Mar. 30
IX Mar. 31
22X Mar. 25

25

5
7

1

Mar. 16

Feb.

18

Mar.
Mar.

15c

17k Mar.
50
Mar.
38k Jan.
55c
Mar.
1
Feb.
96

5s/.
I7/
20

26
19

6
Mar. 28
Mar. 29

lk Mar.
10c

19

2% Mar.

~5l"

"18"

12

1

Mar.
Mar.

Sale
40 X

lk

1

5

10c

lk Mar. 30

17
Sale

51

25X

lk Mar. 22
20c

83 X

2k
Sale
Sale

35

20
Sale

"65"

2X

55c

20c

1

13k Jan.

15c

'¥

10

70

5H

IX Mar. 16

Feb.
Mar.
Mar.
Jan.

Jan.

6

lk Feb.

5k Mar. 30
4k Mar. 31

20

Feb.
3
Jan. 31

5

3k Feb. 25
12k Jan. 11

#
28

6

13
5
Jan. 28
Feb. 25
Jan.
5
Feb. 26

4
2k Feb.
4k Jan. 11
3k Jan. 18

Feb.
Feb.

Mar.

15

Jan.
Jan.

4

Ik Feb.

31c

Jan.

12

Mar.

2k Mar.
2

Feb.

56

Feb.
5k Mar.
Ik Mar.
1

7

Mar. 18

20k
2k
3k
2k

Mar.

2 k Mar.

61

43 X
20 X

15c

Sale
Sale

Sale

23

2H

2
40c

21X Sale
4X Sale

19k
68 X

20

2X Mar. 15

Mar. 29

40

7X
3X

Mar. 18

10X Mar.
3X Mar.

5X Mar.
lX Mar.

12

Sale

Sale

1

9

3

Jan. 16
108k Jan. 14
124
Feb. 24

2k
Sale

Mar. 28

Sale

107

6

5

71X

100

2

4H

38 X
90c

IX

Mar. 15

19H Mar.

8
23

Sale

2X

52

7
18

22

23 X

Mar.

IX Mar. 29

"15"

30c

1

13 X Mar.
2
Mar.

I X Sale
16

3
35c
14

5

35

4

49

7

60

10

26 X
25c
19

122X Mar.

109X Mar.

17*

Sale

22

10
91c

Mar.

15*

IX

"l3H "18"

2X
9X

60

21

94

25c

IX

l8*

2

Sale

"ilk

1

15
16X

20 X

Mar.

2

11X
15X

14

93

3

27 H

dcA

Mar.

IX

45

*§o

28

.

1,920 Pacific Mills
9.918 Pennsylvania RR
4,296 Ouincy Mining Co..

5,071
1,001

-

deP°sltII...

ot
600 Old Dominion Co.

350
<900

7,311

4k

20

lk

60

21^

Feb.
Feb.

2

24

IX

X Mar.
85

Sale

Sale

20

*

10,423

30
25

3X
3

2X

^100

1,437 Mass Utll Associates

512

1

25
Sale

110 k Mar.

Mar. 18

1
Sale

3

IX

Mar.

86

Sale

~~4k

10

35
150

30

I*

65

130

1,605

Jan.

lk Mar.
14k Mar.
149 k Jan.

IX Mar.
11

Mar.

2X Mar.

lis

IX
4H
2k

870 East Mass St Ry Co

3,233

Sale

3

3X
3X

110k Mar.
X Mar.

2

Mar. 9
Mar. 3
Mar. 1
Mar. 18

Sale

Sale

IX

Sale

IX
14X
137X
X

Mar.

85

Sale
Sale

IX Mar.
11

21

50 X
19H Sale
2
3H

12

""""

12

111k Sale

50

3

240

•

Sale
Sale

80

Preferred

49

Sale

92 X

10

1,922
1,488
1,300

748
616

Mar. 10

24X

Sale
Sale

n*

IX Sale
11

86

70

250 Bast Boston Co

1,023

9,224

136k Sale

*

Tr!

4,715 Calumet Be Hecla
9,315 Copper Range Co

150

200
960

14*

170 Boston & Providence.....100
420 Brown 8c. Durrel Co common

71

270

1,747
3,157

94

Sale
Sale

23

85

Class D 1st
pref stamped 100
1st pref class D
100

278

75

75c

2
19 x

_

88

3.917
2,030

60

Par

First preferred

550

Highest
Sale Prices

60

6%

515

Lowest
Sale Prices

78

775

150

Highest
Sale Prices

1948

1,642

"1,147

Ask

\

Lowest
Sale Prices

Mar. 31

Ask Bid

Bid

|

194?

net A

565

15

•

Series D 4s

817

911

1

Series B 5a

EMt Mat* StRR

Shares

Shorn*

RANGE SINCE JAN.

PRICES IN MARCH
Price
Jan. 3

$

19,000
9,500
5,200

$95,700
239,350

$33,700
56,550

-----—

Jan. 1 to March 31___

BOSTON

STOCK EXCHANGE
Since
Jan. 1

In

March

803,654
2,318,035

1937

1938

Bond Sales

1937

614,790
1,259,988

15

10k Jan. 11
7k Jan. 11
Feb. 24

70c
3

Jan.

3

51k Jan.
7
30k Jan. 21
lk Feb. 14
23
Feb.
3

6k Jan.
2

Jan.

3k Jan.
30
Jan.
13
Jan.
19k Mar.
30
Jan,
lk Feb.
7k Jan.
11
Feb.
2

Jan.

24

13
13

22
16
16
2
13

23
14
28

10
7

Feb.
Jan. 31
k Jan. 14
19
Jan. 26
lk Jan. 28

35c

18

Feb.

23

9

Jan.
Jan.

27
15

2 k Jan.

12

22

26c

24

Jan.

11

k Jan.

10
5k Feb. 11

15c

Feb.

5
18
Feb. 23
Jan.
0
Mar. 18
Feb. 21

2k Jan.
23
102
10

68
2 k Jan.
79c
Jan.

12
10

5

Jan.
5
3k Jan. 27
44c
Mar. 5

16k Jan.
24k Jan.
4k Jan.
20
Jan.
2 k Feb.
10k Mar.
Ilk Jan.
91c
Jan.
40k Jan.
27
Jan.

11
17
10
7

17
1
12
18
5
17
25c
Feb. 18
20k Feb.
5
77k Jan. 12

41k Jan. 31
1 k Jan.
1 k Feb.

10

3
7
8k Jan.
6
4 k Jan. 13
25 k Feb. 23

103

Jan.

RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE
March
Jan. 1 to March 31

AGGREGATE

SALES

—

1937

163,054
357,301

Shares-

247,046
960,742

March

Jan. 1

BONDS

1,501
140

472

1,178
3.411
370

16,602
1,160
3,947
52

""102
876

2,607
380
590

4,320
145

95

911

5,705
4.708
290
70

5,000

""720
505
5

955

265
565

3,250
9,218

Preferred

3,610
965
486

*

Irtaoiai Net Gea

*

Co

.........

252 CrandallMcKStHend..

1,533 Devonian OH
4,364 Duqueane Brewing

211

17 %

11% Sale

Sale

4X Sale

32% Sale
Sale

13X Sale

1% Sale
3%
4
8% Sale

IX Sale
4% Sale

12

•

.....5

7
19

12%

*

100
..1

Uarb-Walker Refrar com..

9,000 Phoenix Oil com...
Preferred..
1,000
1,887 Pittsburg Brewing
Preferred
1,284

10
8

70c

10

75c

107

21
Sale
11
9X
Sale

9

75c

10

Sale

Sale

Sale
Sale
2

5c
10c
Sale

40

Mar.

Mar. 10 Ill

.

4

1%
86 %

7%

Sale
Sale

Ti"
1%

....1

2c

4

5

Mar.

7

60c

Mar. 25

Mar.

Mar.

5

Mar. 30
Mar. 30

7

5

2

Mar. 26

Mar. 26

2

17
9 X
5
6

70c

Sale

Sale
8

7X
Sale

50

IX
Sale
5%
2%

90c

5%
2%

4 "I"

4c

6c

5c

Mar.

UNLISTED.

110 Lone Star Gas 6H% pref.100
1
2,149 PennrondCorpv tc

17

15

Feb.

30

Jan.

15
8
6
12

Mar. 24
Mar. 31

9% Mar. 3i
7% Mar. 21
5

70c

Mar. 26
Mar. 30

7

Mar. 24

19% Mar.
12% Mar.
9% Mar.

8
1
2

8

Mar.

8

80c

Mar.

8

0%

Sale
Sale

Mar.

17% Mar. 26

57% Mar.
98 X Mar.
0% Mar.

Mar.

30

63
102
8

Mar.
Mar.
Mar.

3
25

24

7

17

30

i

Jan.

29

Jan.

30
31

Mar.
5
Jan. 17

Mar. 25

3% Jan.

5

Jan.
Mar.

7

Jan.

7

Jan.

4

27

Jan.

29

Jan.

Feb.

15
29
1

Jan.

18

Jan.

Mar. 31

9% Mar. 31
7% Mar. 21
5
Mar. 26

Mar.
Jan.

15

Jan.

15% Mar. 30
11% Jan. 22

70c

8

Mar. 30
Feb. 24

Feb.

Feb.

2

13
28
24

Jan.

7

9

25

11

Feb.

3

57% Mar. 22
98% Mar. 31
6% Mar. 31

Jan.

3
24

Mar. 24

Feb.

27%
4%
1%
1%

Mar. 30
Mar. 30
Mar. 28

Jan.

17

Jan.

12

Jan.

Jan.

18

Jan.
Jan.

8

Jan.

12

Jan.

14
9
8
10

9
2

1

Jan.

Jan.

15

Jan.

17
18

4c

Sale
Sale
Sale
Sale
24
6c

27% Mar.
4% Mar.
IX Mar.
IX Mar.

IX
40%
5X
2X
1%

Mar.
Mar.
Mar.
Mar.
Mar.

25

25

Mar. 12
Mar.
3

25
5c

27%
4%
IX
IX
23%

1

Feb.

1

Jan.

12

2X Mar. 25

2

Mar. 31

Jan.

19% Mar. 30
5% Mar. 18

Feb.

3
24

1

Mar.

4c

Mar.
Mar.

2

Mar. 31

4c

8
2
4
4

9

10c

2X

19

Sale
21

Sale

2

IX
81X Sale
7% Sale
5X Sale
5
8X
10
19 X Sale
Sale
1
IX 85c
2
2X
IX

—..

-

lc

7

7%

Sale

9

30% Sale
1%

Sale

3c

lc

3

2

19X Mar. 30
5% Mar. 18
4% Mar. 25
58% Mar. 30
5% Mar. 30

-25

Mar.

9

5% Mar. 18
6% Mar. 16

81% Mar.

1

Mar. 30

8
8

15% Mar. 30

20
1

Mar.

2

Mar. 31
Mar. 17

2

Mar. 17

2c

Mar. 15

2c

Mar. 15

3

Mar.

6

85c

Mar.

2
Mar. 10
Mar.
2
3

60c
24

1X Mar. 26
Mar. 16

70

8

32:
li

9X
Sale
2

OX Mar. 25

5X
22
1

Sale

IX
40

22

Mar. 31

1% Mar. 23

55c

Sale

37
50c

Sale

10 X

Sale

02 X

Sale
Sale

15% Mar. 31
62% Mar. 31

65c

70

2

Mar. 16

7

39X

100 X

2c
Sale

100

100

505 Vanadium Alloy Steel.—.—*

...1
7,430 Victor Brewing Co..
12,879 Westinghouse Air Brake....*
2,804 Westghouse El ft Mfg
00

7
17

30

25

98 ^

IX
40 X

2X

...

575




Mar.

Mar.

2%
4%
24%
10%
6%

4c

4%
1%
58%
5%

Mar. 25
7
Jan.
Mar. 30
Mar. 30

Mar.

Mar. 18

Jan.

12

Jan.

3

Jan.

12

Jan.

10

Mar. 30

Jan.

10

15% Mar. 30

I Jan.

Mar. 31
Jan.
6

Jan.

13
10

6
85c
2

Jan.

14

14% Jan.
lc

.....1
1

6% preferred

Bx-dlvidend.

Mar. 17

24% Mar. 29
10 X Mar. 30
OX Mar. 31

Jan.

Feb.

Mar.
Mar.
Mar,
Mar.
Mar.

11% Mar. 31
*105

4

5

22%

-•

100
1,000
6% Preferred
.....10
685 Standard Steel Spring
*
2,861 United Engine & Pdy
.5
25
1,675 United States Glass

x

Mar. 23

60c

101
8X

100
8

24

940 Reymer & Bros common
*
200 Ruud Mfg
...........5
8bamrock Oil ft Gas.

Mar. 28

2% Mar. 30
4% Mar. 30

15X Mar. 30

*

1,930 Pittsburgh Steel Foundry..*
901 Plymouth Oil Co..
.5

Mining

Mar. 28

11%
35

.1

2,540 Pittsburgh Plate Glass....25
7,628 Pitta Screw ft Bolt Corp.... •

San Toy

Mar. 16

11% Mar. 31

4%
5% Sale

4

•

25c

.

19X
12 X
9%

5 Pittsburgh Coal Co com.. 100
1,085 'Mttsfturfth Korttings.. .....1

Renner Co

10% Sale
OX Sale
Sale
70c

7

7

19%
Sale

310 Penn Federal Corp common.*
80
4H% Preferred—.....50

No par value

Mar. 10

Mar. 10 107

20% Jan.

—

10,957

100

Highest
Sale Prices

2

133 Jones & Laughlin St'l pref 100
2,601 Koppers Gas ft Coke pref.iou
...*
15,890 Lone Star Gas
3,350 McKJnney Manufacturing..*
6
2,439 viesta Machine
10
15,004 Mountain Fuel Supply
10,422 Nat Fireproofing Corp com.5

10

725

Lowest

Sale Prices

105

112

108

75 Horne (Jos) common
100
76 Jeannette Glass preferred 100

6,546

*

Highest
Sale Prices

10
—

......10

1,152 Pollansbee Bros pref
6,775 Port Pitt Brewing

5,100

3,250
7,687
1,557

Lowest

107

♦

380 Electric Products...

3~000

1.442

Ask

107

—10

PreferredArmstrong Cork Co
Blaw-Knox

375 Consol Ice Co Preferred
166 Copperweld Steel

5,400

""345

1

Sale Prices

Mat. 31

Ask Bid

Bid

*

Corp

918 Byere (AM)
*
31,622 Carnegie Metals..-.——....1
3,005 Clark (D L) Candy
•
•
8,204 Columbia Gas A F.lectHc

2,350
650
"

Ask

100

-

111 Pittsburgh OH & Gab.....—5

"1J87

JAN.

STOCKS
60

10

1,124
7,341
2,150

1949

4,303 Allegheny Steel

10

Mar. 1

1938
Bid

S
10,000 Pittsburgh Brewing 6s

Qharet

Share*

RANGE SINCE

Price

Since

3,000

Jan. 1 to March 31---

Jar.. 3

In

%

$4,OOo
6,O0q

$3,000 r
10,000

March

PRICES IN MARCH

PITTSBURGH
STOCK EXCHANGE

1937

1938

Bond Sales

1938

Stock Sales

65c

Sale

Mar. 16
Mar. 26

8

20

Jan.

Jan.

14

Feb.

20
24

Jan.

12

lc

1% Mar. 26
70

Mar. 16

7
Jan.
3
6% Mar. 25

Mar. 16
J an.

3

Jan.

24

Jan.

12

Jan.

Mar.

7

32% Mar.
1% Mar.

4
5

22

Mar. 16
Mar.
1

37

Mar. 16

Jan.

50c

Mar. 26

Feb.

14
7
15

15% Mar. 31
62% Mar. 31

Jan.

12

Jan.

10

Jan.
Jan.

10
10

37
65c

25% Mar.
96% Mar.

2
2

Mar. 31

1% Jan.

18

-I

112

2%

110%
Sale

Sale

110% Mar. 19 110% Mar. 30
1% Mar. 29
2% Mar. 7

110% Mar. 19 112
1% Mar. 29
3

Detroit Stock

Exchange

MONTHLY AND YEARLY RECORD

I
RANGE OF PRICES ON DETROIT STOCK EXCHANGE

•r,:'

1938
Shares_

AGQREQATE

1937

|

308,643

Stock Sales

March

697,056

I

STOCK EXCHANGE
March
Shares

Shares

1,575
6,242
7,847
1,260
6,730
2,207
5,975

RANGE SINCE JAN.

1

Price
Jan. 3

STOCKS

Allen Elec 8c

Equipment

1

Ask

Bid

% Sale
% Sale

Auto City Brewing common. *

Baldwin Rubber

common... 1

Bower Roller Bearing.

5

Brlgga Mfg Co common
Burroughs Adding Mach..

BK

*

IK
51c

22

Mar. 31

-

Sale
Sale
Sale

% Jan.
3
K Jan.
5
4K Mar. 31
12 K Mar. 31
13K Mar. 31

1K

Sale

IX Mar.

3

53c
8
18
22 K

Mar.
Mar.
Mar.

2
2
8

Mar.
18K Mar.
2K Mar.

8
3
1

11

Mar.

5

11

6K Mar. 25
1
14K Mar. 17

36

Mar. 31

13K
87c
IK
3K

Mar.
Mar.
Mar.
Mar.

13

Mar. 28

Mar. 31
Mar. 31
Mar. 31
Mar. 31

Mar. 26

2M

Highest
Sale Prices

Mar. 31

Sale
Sale

4K
12 K
13 K

95c

16

IK

Lowest
Sale Pric*s

Mar.

40c

IK
53c

18

20

Highest
Sale Prices

Prices

Ask

Ask Bid

7K Sale

7

*

Burry Biscuit Corp ....12^c
100 Casco Products Corp..

Bid

Lowest

Mar. 31

Mar. 1

1938
Par

7,115
20,367
24,583
1,850
13,457
6,058
17,239

100

1937
1,925,284

956,469

Shares_

— .

PRICES IN MARCH

DETROIT

SALES
Since
Jan. 1

In

1938

Stock Sales
Jao. 1 to March 31

"2K Sale"
10K

5

16

Mar. 26

IK Mar. 31
Mar.

5

IX Jan.
K Jan.

19
15

9K Jan.
21X Jan.

10

26

Jan.

15

20

Jan.

11
13

.

3
11

Jan.

15

Mar.15

Chamberlin Metal Weather

100

9,352
2,168

100
Strip Go common
......5
30,693 Chrysler Corp common.....5
5,174 Consolidated Paper com...JO
250
800
602
688

250
300
252
160

200

2,425
1,575
1,850
2,550
4,310
623

100
300
340

1,525
2,533
1,134

Delsel Wemmer Glib com

Detroit

6,672
430

14,566
8,187
8,315
350

3X

IX

Paper Products.....

300 Eaton Mfg Co

>

"ix "Ik

J*

ill

Sale

2K

IK
93 X

Sale
Sale
3

12

17

IK
2K
3K
13 K

IK
Sale
2
2K
Sale
14 K

9,870 Prankenmuth Brewing com. 1
3,435 Fruehauf Trailer Cor com... 1

26,982 Gar Wood Industries com
430 Gemmer Mfg Co class A

3

*

Class B

3

9K

-----

Sale

8

2K

-----

General Finance Corp com.l
com
..Id
Goebel Brewing Co com

1

Graham-Paige Motor com_.l

Sale

13 K Mar. 31
87c
Mar. 31

IK
5K

87c

2K

11X Mar. 23
IK Mar. 26

Sale

77

IK
IK
IK
2
IK Sale
10K
12K
12

12 X

9X
2K

5*A
Sale
10
4

2K

Mar. 30

IK Mar.29
Mar. 26

2

IK
12K
15K
15X
2K

Mar.
Mar.
Mar.
Mar.
Mar.

31
23
26
18

6

Sale

6

2K

Sale

2K Mar. 31

9
4

Mar. 28

12K Mar.
IK Mar.
Mar.
1K Mar.
2K Mar.
3 K Mar.
14K Mar.
15K Mar.
15K Mar.

93 K

3

29

Mar. 29
Mar. 31

9

8

IK Mar.
3K Mar.
13

Mar. 28

Sale

IK
78

Mar. 30

1

IK Mar. 21
3K Mar. 23
13

6K Mar. 25

53 K Mar.

Mar. 30

8

Sale
26* 34M

IK

1

9

5K

Sale

5K Mar. 31

4K
24 K

Sale
30

4K Mar. 29

6K Mar.

5X

3K
3

IX

4
Sale
Sale
Sale

34K

10

29 X

26K

15

3K
34K
3K

AA

60c

Grand Valley Brew common. 1

3K
35K
Sale

nVA
75c

13K
Sale
Sale
Sale

.....

2K
25 K

2K
80c

Sale

50c

70c

2

2K
8K
Sale

1

.

30

Mar. 21

*~2K

Mar. 31
25K Mar. 31
2K Mar. 31

30

Jan.
Jan.

12

2

11
13

Mar.
Mar.
Mar.
Mar.
Mar.

16

Jan.

11

10

15K Mar. 26
15 K Mar. 18
Jab.

15

Mar.
Mar.

13 X J&n.
10 X Jan.

12

2K Mar.
4K Jan.

4K Jan.

12

4K Jan.
IK Jan.
10K Jan.

12

9
6

5

Mar.

4K Mar. 29

7K Jan.

30

35 K Mar. 15

3K Mar. 2
IK Mar. 2
60c
Mar. 30
2 K Mar. 12

30

Feb. 25
Mar. 31

12 K Feb.

Mar. 31
Mar. 31

38

75c

"~3K~Mar.~~2

Mar. 21

12X
2X
25K
2K

Mar. 21

Mar. 26

IK Mar. 9
4K Jan. 17
15K Jan. 27

3K Jan.
3K Jan.

IK
12 X
15K
15 K
2K

2

2

Mar. 30

12K Mar. 18
IK Jan.f 8

5K Mar.

Mar. 30
Mar. 30

1

L08

Jan.

1

75c
50c

17

15K Feb. > 2

IK Mar.

IK Mar.
8K Mar.

IK

23

6K Mar. 25
62 K Jan.

2

Mar. 26

IK

31
21

IK Mar.
77
Mar.

12K Mar, 4
9K Mar. 3
2K Mar. 29

8

IX

IX

31

11X Mar.

18
10
1
3
4
1
2
26
18

4X

.*

General Motors

36

....

*

com

Mar. 31

Sale

Sale

16

4

common

..*
1,040 Eureka Vacuum Cleaner
4,430 Ex-Cell-O Corporation
3
5,313 Federal Mogul common.....*
2,889 Pederal Motor Truck com...*

6,635
44,782
32,142
40,158
2,420

3%

K

2X

Detroit

Sale
14K

12

IX
93

Gray Iron Fdy.....l

100

"l"6l6

"l~X Sale'

Detroit Mich Stove common. 1

200 Federal Screw Works

I,995

.100

Detroit Edison com

14

10

Detroit & Clevel Nav com.. 10

Detroit Steel Corp com.....5
*
100 Detroit Steel Products

"

6~250

1

com

Crowley, Mllner 8c Co com..*
Cunningham Drug Sts._2.50

200
8,430
3,421
10,465
19,134
17,020
1,803

53 X

Sale

36
13 X
87c

Sale

14

-.1

Consumers Steel Prod..
Continental Motors

6K Mar. 25

6K
48 K

Mar. 30

X Jan.

5

Mar.

4K Jan.
Jan.

3K Jan.
IK Jan.
70c

Feb.

12
10

13
,,

It

21
25

JJ

15
11
10
16

1,625

'

"

3,845 Rail Lamp com.... ........*
Home Dairy class A
.....*

11658

"3",512

Hoover Steel Ball com.....10

576

2,051

Hoskins Mfg Co common.2.50

100

100 Houdaille-Hershey class A..*
Class B
.._*
5,585

1,965
6,977
6,550
II,138
2.812
3,078
900
173

5,555
300

6.690
1,000
385

1,588
500

2,660
I,510
10,927

25,474
17,794
32,729
9,687
11,032
2,300

400

12,738
6,888
554

1,484
10,160
4,827
1,366

3,265
3,410
4.691

..*

Hurd Lock & Mfg

Co com
1
Kingston Products Corp....!
Kinsel Drug Co com
1
Kretge (8 8) Co com
....10

Lakey Fdy 8c Mach common. 1

314 Mahon (R C) class A pref
»
1
16,665 Masco Screw Products
1,050 McAleer Mfg Co com.......
1
27,551 McClanahan Oil Co com
9,450 McClanahan Refineries. ....1

1,375
3,138
1,890
7,365
6,365
42,383

Mich Steel Tube Prod....2.50
Michi-

an

Sugar com....

Mlcromatic Hone Corp
Mid-West Abrasive com

1
50c

.10
28,028 Murray Coro common
530 Muskegon Piston Rg com 2.50

32,533
16,940
1,064
5,692
27,843
8,397
5,410

Packard Motor Co com.....•
Parke Davis 8c Co..

.....

45

965

190

%

,X
15

...

2X

—

18

IX
3K

6

k8a>

3H
2X
1X
1X

7H

-

J

3X
Sale
Sale

9X
5

5X

9X

7
58c

2K
57c
17 K
2

——

-----

9
Sale

2K
Sale

Sale
3

19K
97c

37c
97c

6K
65c

16

vA
1
Sale

IK

6~~ Sale
Sale

5K
37c

42c

IK
50c
15

Sale
——

IK
17
81c

19K

25c

55c

75c
8
55c

5

74c

Sale

Sale
90c
Sale

40c

-----

41c

4K
5
4K Sale
IK
IK
IK Sale

Sale

3K
2K
1

80c

5

3K
IK
Sale

JX

JX

6K Sale

30

32

37

Sale

18

2

Sale

4K
IK

2

2

3K
3X
3K Sale

10

2~X Sale

12

11

10
.....

109

......

IK
4K
IK

2K
3
3K
3K
3K Sale

IK
2K
2K

Sale
Sale
Sale

28

3K Sale
18

20

Sale

12

24

Sale
Sale

2K Sale
7
Sale
IK
2

94

16

3K
31K

6K
Sale
Sale
IK

25

23
2

12 K
109

3K Sale
5K
7K
3K Sale

4K Sale
5K
6
4K
4K

-51"

6

"6 K "Mar ."30

16K Mar. 18
7

15
Feb. 17
22 K Mar.
7
6
Mar. 30

22 K Mar.
10
Mar.

Mar. 30

7K Mar.

5K Mar. 30
50c

29
31
30
31

Mar.

6
40c

Mar.

8

3,150 Universal Cooler class A....*
Class B
*
18,908

4K Sale
2K
2K

For footnotes see page 61.


Y


Mar. 31

18K Jan.
3K Jan.
19K
IK
IK
X
IK
7K
K

Mar.
Mar.

7
1

81c
60c
25c

Mar.

8

69c

Mar. 23

Mar. 23

6

66c
Mar. 2
4K Mar. 11
4K Mar. 1
IK Mar. 5
IK Mar. 1

Mar. 29

Mar. 31
Mar. 31

6

^

40c

Mar. 19
Mar. 31

Mar. 26
Mar. 31
Mar. 28

Feb.

4

Mar. 29

2

75c

Mar.

1

Mar. 30

Mar.

7

3K Mar. 31

4K Mar.
37 X Mar.
18K Mar.

Sale
94

2K Mar.
7K Mar.

IK Mar.

IK Mar. 31
2K Mar 31
2
Mar. 30

2K Mar.
3K Mar.
3K Mar.

.

Mar. 29

26

2
Mar. 28
17K Mar. 30

20

91

94

Mar. 28

109
3

3K
2K
2K

Sale
4

Sale

103
3
4

4
3
1

Mar. 16

3K Mar.
Mar.
Mar.

5

Jan.

IK Jan.
18 X Jan.
13 K Jan.

7K Jan.

11
6

25
13
17

Mar. 30

10

Mar. 31
Mar. 30
Mar. 30
Mar. 28
Mar. 25
Mar. 31

5K Jan. 11
37 X Feb. 25
20X Jan. 11
12
Jan. 20

Mar. 10

4

2

Mar. 30
Jan.
5
Mar. 28

Jan.

28

3K Jan. 11
7K Mar. 3
2K Jan. 15

IK Mar. 31
2K Mar. 31
22

Feb. 21

2K Jan.

11

Jan.

12

4K Jan.

10

27

Feb.

8

4
22

Jan.

10
14

13

94

Mar.

8K Mar. 30

1

14

Jan.

2

8

17K Mar. 30

1

90

12 K Mar.

Mar. 25 105K Mar.
Mar. 30
4K Mar.
Mar. 30
5K Mar.

2K Mar. 18

8

3K
31X
14K
7K
IK
4K
IK

Mar.

10

17
Jan.
3
Jan. 11
Feb. 14
Jan.
2

4K Feb. 26

Mar. 26
Mar. 31
Mar. 31

12K Jan. 27
4K Mar. 29

31K Mar. 30
14K Mar. 30
7K Mar. 28
1M Mar. 25
4K Mar. 31
IK Mar. 10

6
10

1

11

16

Jan.
Jan.
Jan.

3K Mar. 29
2K Mar. 25

Mar. 15

25

13

7
13
13
15
10
10
12
12

17

97c

Mar. 26

11

Jan.

Mar.
Jan.
Jan.
Jan.
Jan.
Jan.

17K Mar. 24
IK Mar. 2

3K Mar. 29
2K Mar. 25
75c

40c

90c
38c

Mar. 31

1

5K Mar. 30
X Jan.
6
IK Mar. 29

__

17

15K Mar. 30
IK Mar. 31

1
2K Mar. 14

Mar. 31
Mar. 28

69c

5

2

12X Jan.
22K
11K
9K
K
3K
K

17 K Mar.

Mar. 26

25c

9

Mar.

60c

9

17
81c
60c

7

2K Mar.

64c

Mar. 14

1K Mar.
40c
Mar.
15K Mar.
IK Mar.

8K Mar. 30

-§r-

4K
2

17 K
90

25
Sale

3K Jan.

"

103
3
4

Jan.

Jan.

Jan.
Mar. 25 107
Mar. 30
4K Mar.
Mar. 30

1

12
20

6K Jan.

1
5

Jan.

11

m.

mm

mm

mm

m.

mm

mm

mm

....

IK

5

3K Feb.

34

2K Mar. 18

4K Mar.

3K Feb. "l
5K Jan. 17

mm

22__

100 U S Radiator com......._..l

1,150
8,145

Mar. 26

9

Mar.

10

6K Mar. 30
16 K Mar. 18
22 K Mar.
7

8

4K Sale

2

4K Mar. 29

* Sale

-----

Pfelffef Brewing Co com
*
Prudential Investing Corp.)

100

9K

6K

-----

Peninsular Metal Products. 1

Preferred

8X
10K

17 K

11

Sale

31,179 Tlroll Brewing Co common.!
2,487 Union Investment Co com..*
4,830 United Shirt Distributors..*
United Specialties com....
U S Graphite Co.........10

9

19 K

1K
IX

9K

5.574 Tlmken Axle com.........10

880

% Sale
2% Sale

14 K

30

14,179

Sale

7

2.50

Parker Rust Proof com.

2,451

II,436
825

~8~~ 'io'x

3K

16

20

Parker Wolverine Co com...*

.6
7,951 Reo Motor com........
8,190 Rlckel (H W) & Co common.2
9,316 River Raisin Paper com...
1,570 Scotten Dillon com
..10
42,799 Standard Tube Co class B...1
1,439 Stearns (Frederick) com
*
448
5% cum part pref
100

845

QX
12
16K

.....

*

....10

Preferred.

Moore (Tom) Distillery Co
1
*520 Motor Products Corp com... *
350 Motor Wheel com........ 5

420

'"8",503

Hudson Motor Car

2K

2X
7X■
10X

3K
IK

Sale

3

Mar. 30

1K Mar. 24

4K Mar.
2K Mar.

1
4

1
Mar. 30
IK Mar. 24

3

3K Jan.

12

•fH

APRIL, 1938]
AGGREGATE

SALES

March

Since
Jan. 1

Shares

PRICES IN MARCH

STOCKS

Ask

Preferred.

Bid

20
2% Sale
% Sale

/%T"%
4

25

26c

.....

100

82%
12

Ask

18

Sale

3

Sale

1%

35c

5%
80%

aV/4-

65c

5%

1%

25c

Sale

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

20
2

Mar. 18

65c

Mar. 30
Mar. 25

95c

Mar. 10
Mar. 14

30c

2

25c

2% Mar.
Mar.

13

Jan.
Feb.

1

2

3

65c
2

Mar. 25

2% Mar. 10
Mar.

2

5% Mar.

2

10

5

Jan.

2%faaU

28

4

5

5

9% Mar. 30 10% Mar. 24
127% Mar. 21 127% Mar. 21

304 Amer Tel Ac Tel Co
100
100 Borg Warner Corp com.....5

1,833

6,358 Commonw Ac Southern Corp *
200 Consolidated Oil Co

125

♦

a Deferred

;

Mar. 26

1

;

Mar.

5

33% Mar. 25

1% Mar.
1% Mar.

1

3
3

Mar. 26

35

Mar. 12

1

15

Mar.

5

33% Mar. 25

14

9% Sale
18

17% Sale

Sale

Mar. 25

15% Mar.

4

14

Mar. 25

Sale

7

Mar. 29

9% Mar,

7

Mar. 29

10%

Sale

10

Mar. 29

18% Mar.

1
1

10

Mar. 29

11

Sale

10

*

delivery sales.

>. ■

J-•/;".
p

1

9% Feb.

1% Sale

*

2,061 Standard Brands Inc

No par value.

Sale

•

6.680 Nash-Kelvlnator Corp...
5
10.868 N Y Central RR
100
1.744 Socony-Vacuum Corp.....25

4,977
647
742

1

1% Sale

..1

275 Kennecott Copper Corp.
125 Kroger Groc & Bak Co

1,816

9% Mar. 30
13% Jan.
Jan.
127% Mar. 21 149
24% Jan.
5
24% Jan.

*

10.096 Hupp Motor Car Corp

200

6

.j,1'

12
12

5

1

■

"""526

18
14
6
13

17% Jan.
.

10

„

1% Zu.
3% Jan.
% Jan.
6% Jan.

17

13% Jan.

3

% Jan.

Jan.

20

Mar. 30

,

80%

25%

Unlisted Dept.—
2,420 American Radiator.........*

220

1

Sale Prices

25

2% Sale
94c

2%

Young (L A) Spring 8c Wire. *

Mar. 31

Ask Bid

20

17

,

...

"""547

Mar. 1

1938
Bid

Class B..
3,695
•
25,747 Warner Aircraft Corp com, 1
4.712 Wayne Screw Prod com
..4
9.100 W -Iveilne Brewing Co com.. 1
1,840 Wolverine Tube Co com
2

'640

RANGE SINCE JAN.

Jan. 3

172 Walker 8c Co clasr

7,477
2,117
5,300

61

Price

Shares

"i:200

EXCHANGE

DETROIT

STOCK EXCHANGE
In

STOCK

DETROIT

Sale

10% Mar. 29
6% Mar. 30

7

6% Sale

r Sold

for cash.

.

.

x

vr.;.-

15
8

Mar.
4
Mar. 22

10% Mar. 29
6% Mar. 30

Jan.

2

14

9%
1 %
42%
15%

Feb. 15
Jan. 10
Jan. 10
Mar.
4

12%
19%
16%
9%

Jan.
Jan.
Jan.
Jan.

10
10
11
12

Ex-dividend.

■

>-.v•

,

...

^...

.

I'c-:

Philadelphia Stock Excha nge
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE
Slock Sales

1938

March

Shares

AGGREGATE
In

March
*

SALES

"3",606

Shares

BONDS

1938

STOCKS

Shares

4,727
14,403

533
600

533

1,262
3,305

1,517
3,957
8,148

1,692
5,505

3,231
16,418

20

380

755

2,205
11,684

3,871
28,784
188

95

585

1,301
911

1,468
1,865

1,465

2,025
3,327

22,073
18,263

45,020
35,927

200

252

800

1,000
1,992
10,166

651

931

3,316

540

~1,196
1,580
1,907

1,736
2,598
2,944

200

235

17,605
667

93,184
1,835

311

412

3,700
4,504

4,800
9,591

338

347

2,200
4,016
4,897

2,572
6,571
9,645
1,807
84,906
2,605
1,583
1,278

601

39,481
1,359
1,262
935
No par.

x

Jan. 1 to March 31

133,000

$80,000
199,400

PRICES IN MARCH

Bid

103

1937

$70,500

RANGE SINCE JAN.

Price

123,000 Elec Ac Peoples tr ctfs 4s .1 *>4*
2,000 Lehigh Valley 4s
1948
1,000 Pennsylvania 4%»
..1965
7,000 Peoples Pass tr ctfs 4s
1943

"

1938

1

Jan. 3

1,361
7,051

•

PHILADELPHIA
STOCK EXCHANGE

Since
Jan. 1

Bonds Sales

March

al, 191,226
2,154,299

738,024

$

66,500
1,000

1937

279,632

Jan. 1 to March 31_____

Iioo

Co

->10

dell Tell Co of Pa pref... .100

Budd (E G) Mfg Co
.....

Chrysler

8

6

Ask Bid

Ask

7

5%

5

18%

25

8
144 %

8%
Sale

15
15%
115% 118
4 % Sale
Sale
Sale

common..

10%

17

11

17

"26%

Sale

IIIo

29%

Sale

Horn AcHardart (Phlla) com.*
Horn 8c Hardart (N V» com..*

95

102

22%

Lehigh Coal & Navigation..*

3%

Lehigh Valley

50

5%

1

23%
4

Sale

25

1%

7%

Sale

Pennroad Corp v t e
*
50
Pennsylvania RR
Penna Salt Manufactur'g-50
com

2%

Phlla Elec of Pa S5 pref..

*

Phlla Elec Pow pref

25

Phlla Insulated Wire....

*

2%
21

Sale

Sale

128

145

2%
3%
115% Sale
29% Sale
21
18%
2

7% preferred
Philadelphia Traction.

3% Sale
7
5%

50

...

50

Sale

Reo Motor Car Co.........

7
Sale
9% Sale
136% Sale
111% Sale
15
Sale
16%
25
18
12% Sale
18%
118% Sale
114% Sale
5% Sale
3% Sale
4

53%

4%
Sale

3

Sale

37% Sale

"31% Sale" "21% Sale"
34% Sale

31

3

11% Mar. 10

.50

.......

.....

9% Mar.

Mar. 31

16%
12% Mar. 31
18%
114% Mar. 31 119%
3% Mar. 29
5%

5
71

Mar. 26

7

Jan.
4
Mar. 23

Feb.

25

Jan.

24 101

Jan.

20

Jan.

10% Mar.

3

6% Mar.
111% Mar.
15

Mar.
Mar.
Mar.
Mar.

2% Mar. 28

72

36

Mar. 31

4% Mar. 30
21% Mar. 31
25% Mar. 31
Mar. 31
Mar. 23

Mar. 30
Mar. 30

»

*

2

2%

3% Sale
28% Sale
10% Sale
105% 106%
10%
9
10%

24
13

Jan.

2% Mar.
36

rights.

Jan. 18
Jan.
6
Mar. 18

Feb. 23
Jan.
Jan.
Feb.

21

17
2

5%. Jan.

Mar.

63%
7%
31%
41%

4% Mar.
21% Mar.
25% Mar.

12
Jan. 15
Jan. 12
Mar.
7
Feb.
3

108% Mar. 12 100% Jan.
24% Mar. 10
4% Mar.
1
Mar.

1

6% Mar.

1

6

22

Sale
Sale

29%

4

2%
2%
10%

2% Mar.

22% Mar.

144% Mar.
2% Mar.

116% Mar.
31

29% Mar.

11 108% Mar. 12
1
24% Mar. 10
4% Feb. 28
3
Mar. 30
6% Feb. 25
x y±
% Jan.
5
.Jan.
1% Jan. 12
1% Jan.
3
8
1% Jan.
4% Mar. 29
8% Jan. 12

21 % Feb.

3% Mar. 30

Mar.

1% Mar. 29
Mar. 30

2

4% Mar. 30
Mar. 18

2

iiH
36

Sale

26%

28

Sale

14% Mar. 30
35% Mar. 31
26% Mar. 30
Mar.

%

I Sale8
1*

2

% Mar. 3
% Mar. 31

Sale

1%
3
Sale
Sale

iV

1%
14%
127%
2%

Mar.
Mar.
Mar.
Mar.

31

112

Feb.

Mar. 24

2%
22%
9%

1

aV/s
Sale

1% Mar. 17
1% Mar. 29

Sale
Sale

100% Sale
8

Sale

8

11

22%
8%
99%
7%
8

Mar.
Mar.
Mar.
Mar.

31

30

2

Mar,

Jan.
Jan.

31

Mar.

16

Feb.

11

Mar.

Jan.

26

1 % Mar. 29
Mar. 30

10
20
2

15
8

Feb.
Feb.

17
17

Jan.

12

3% Mar.

2

Mar.

4% Mar. 30

Jan.
Jan.

12

7
2

Mar.

2

Mar. 18

Feb.

8

22% Mar.
40
30

Mar.
Mar.

10% Jan. 14
35% Mar. 31
26% Mar. 30

% Mar.
1% Mar.
1

15

101% Mar.
9% Mar.
9

7
11

Mar.

2% Mar.
3% Mar.
3% Mar.
29% Mar.
10% Mar.

29

Mar. 30

31

29% Mar. 31
18

Sale

Sale
9

4% Mar. 29

2% Mar.

Sale

.....

Includes 647.269

11%
149%
16%
18%
119%
6%
43%

Mar.

12% Mar.
114% Mar.
3% Mar.

4% Mar.
54% Mar.
6% Mar.
31% Mar.
35% Mar.

112% Mar.

7

2

United Gas Impt com....

6% Mar 5 31
15

1% Mar.
14% Mar.
127% Mar.

Sale

i*' Sale^

.....

Transit Invest Corp
Preferred

Sale

Sale

5

40

Coal.

7
Mar. 23

21

2
Sale

4%

145

3%

28%

a

Sale

17i%

29

United Corp common....
Preferred

Sale

2
2%
115X4 116
30% Sale

37% Sale

Traction

25%

2% Sale
22% Sale
135

racony-Palmyra Bridge.
Tonopah-Belmont Devel.

Westmoreland

Mar.

"

6%

Scott Paper.....

Preferred........

7
72

111% Mar. 30 137% Mar.

Sale
102
105% 109% 102
24%
23%
23% 21
3%
3X
4% Sale
3%
6
Sale
3
3% Sale

13

Westmoreland. Inc

Mar. 23

•22

Salt Dome OH Corp......

Union

Mar. 26

1%

Phlla Rapid Transit.......50

.

5

Sale

*

Nat'l Power 8c Light

1

25

Corp
...

Tonopah Mining

Sale Prices

10% Mar.

...*

Penn Traffic

Highest

Sale Prices

42

3%
47%

Electric Storage Battery.
General Motors....

Preferred

Lowest

Sale Prices

101

'.lib

Mitten Bank Sec

Highest

Sale Prices

72

*

Corp

Curtis Pub Co

6

Bid

Lowest

.100

Budd Wheel Co

Ex-dividend.




_.

Preferred

Ask

Mar. 31

Par

American Store*.

American Tel Ac Tel
Bankers Sec Corp pref_. ..50

Barber

Mar. 1

Mar.

% Mar. 31
1

1%
1 %
22%
8%
99%
7 7X

Mar. 24

Jan.
Mar.
Mar.
Mar.
Mar.
TV/To*.

6

13

Feb. 14
Jan.

24

Jan. 11
Feb. 15
Jan. 21
Mar. 16
Mar. 29
Mar. 19

15

Jan.
Jan.
Jan.
Jan.

29

Jan.

21

30

Feb.

7

29
31

30

6

12

5

4

San Francisco Stock Exch.
MONTHLY AND YEARLY RECORD

FRANCISCO STOCK EXCHANGE

RANGE OF PRICES ON THE SAN

Shares_

Jan. 1 to March 31

AGGREGATE

BONDS

STOCKS

410 Bank of Calif Nat

90

465

6,033
755

840

Preferred

475

1,068

Claude Neon Elec Prod

*
*

*
1

90 Crocker First Nat Bk SFcaplOo

44,192 CrownZellerb Corp com (new)
Preferred (new)
5,005
5,174 D1 Giorgio Fruit Corp com. 10
Preferred j
100
1,490
2,810 Doernbecker Mfg Co.
......

*
1,939 El Dorado OU Works cap
7,149 Emporium Capwell cap
Preferred
50
2,520
5,631 Emsco Derrick & Eq Co cap.5

1,137
2,165
660

2,350

180 Ewa Plantation

140

2%
934

4
12

46%

48

99% 100
46%
47%
0%
8
27%
32
101% 103
17%
18%

20

—

28

30

Sale
375
9% Sale
64% Sale
~ '
4
434
23
24%
4
4%
4%

208

16

19

69

Sale

29%
1%

Sale
2%
17 %

Class A preferred
Galland

484

25

Mercantile

common

715

...

..10
•

2,030
7,185

4,616 Gladding McBean Co
15,877 Golden State Ltd cap

1,415
2,255
4,712

3,458
5,005
16,209
510

*

Hale Bros Stores. Inc. cap.

Oil....

Co

Fire

of

A

Marine

Calif

(new)

"l",775

1,925 Hunt Bros. Packing
Preferred
1,895

1,820

10

cap

new'
*

*
10

cap.

15

6,885 Langendorf United Bak cl A *
Class B
3,232
2,336 Leslie Salt Co capital
II,332 Le Tourneau Inc common.10

1,518
500
992

....

5,210
102

378 Libby McNoill & Llbby

♦

26,114 Lock Heed Alrcr Corp com..l
1,211 Lyons-Magnus lnc A

8,803
785

Sale

92

3

5
155

9
Sale

10334 Mar. 15 10334 Mar. 15
101

Jan.

10734 Feb.
5734 Feb.

7 102

Mar. 21

Mar. 12
17 108
17 57 34 Feb. 17

Sale

175

it*

21
5

93

Sale
Sale
20

f
26*

4

6%
%
38%

16% Sale
45%
43%
86

89

48
48% 30 % Sale
Sale
10134 102% 100
36
37%
54% Sale

7%
30
105

16%

8%

6

6%

9

Mar.

5

9

Mar.

1334 Feb.

12

Mar.

Mar.

9

12

Mar.

19

Jan.

14

2% Mar.
4% Mar.

Mar.

7

4

Feb.

25

Mar.

3

234 Jan.
434 Mar.

934 Jan.

10

Mar.

9

171

Mar.

3% Mar.
1334 Mar.

Mar. 10

17

11

Mar. 16

Mar.

Mar.

3

17

Mar.

1

3%
534
%
3134
15%
46%

Mar. 23

27%
3%

Jan.
4
534 Mar.'10
1934 Jan. 14

21

Mar. 10
Mar.
1

1934 Mar.
334 Mar.
534 Mar.
34'Jan.
3134 Mar.
1534 Mar.
4634 Mar.

2

87

Mar.

7

30

Mar.

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

Mar. 10
Mar.

87

Mar.

Mar.

30

Mar.

Mar.

Mar. 16

99% Mar.

3?3

3

Mar. 18

Mar.

Mar.

1

6% Mar.

Mar.

o

Jan.

31

2034 Jan.
434 Jan.
1234 Jan.
% Jan.
3634 Jan.

Mar.

6
10
11
12
26

24

Jan.

12

50
97

Jan.
Jan.

11
27

5234 Jan.

20

Feb.

24

6234 Jan.

15

102

9934 Mar.
3734 Mar.

634 Mar. 29

834 Mar.

18

32
Jan.
Mar. 23
Jan.
4 10634 Feb.
18
Jan.
Jan.
19

5
5

27

Mar.

310

Mar. 23
Mar. 16

Mar.
Mar.

30

103

2

190

Mar.

1§34 Mar.

12

26%
3%

171

334 Mar.
1334 Mar.

36
27%
32% 30
106% 101
10434 105

17%

Mar.

29

4%
320
11

Sale

4%
375

306

Sale

71% Sale
4%
4%
26% Sale
4% Sale
18

21

325

7% Sale
56

Sale

3

Sale

18%
3%

20
4%

27

Mar.

2934 Mar.
4% Mar.

3% Mar.
Mar.

320
11

Mar.
Mar.

8

7% Mar.

7134
434
2634
4%

Mar.
Mar.
Mar.
Mar.

1
7
1

310
56

Mar.

3

Mar.

1834 Mar.
3% Mar.

34%
73%
30

2%
16

105*
46%
36%
Sale
Sale

5
10

15
19

Jan.

25

434 Jan.

19

2
17

334 Mar.
Mar.

320

Jan.

734 Mar.

12

Jan.

5
12

Mar.
Mar.

73

Jan.

11

1834 Mar.
334 Mar.

28

56
3

534 Jan.

11

Jan.
Jan.

13
20

19

Feb.

9

1434
3434
1034
4634

Jan. 12
Jan. 11
Feb. 24
Feb. 23

5

8

Feb.
7
Mar. 31
Mar. 25
Mar. 31

8

43

Jan.

Mar. 25
Mar.
8

33

Mar. 31

62

Mar. 31

76

Jan.
Jan.

1

17

Mar. 30

33

Jan.

3
3

134 Mar. 28
1534 Mar. 25

16

24% Mar. 17
1
834 Mar. 4

2134 Mar. 22
2534 Mar. 31
634 Mar. 29

38

Jan.

15

9

Jan.

11

27

Feb.

7

8J4 Feb.
434 Jan.

15
10

Mar.

3

Mar.

2

10

Mar.

46

Mar.

34

62

Mar. 31
Mar. 31

74

17%
17%
1% Sale
12
1534

17

Mar. 30

30

Mar.

134 Mar. 28
1534 Mar. 25

234 Mar.
16

2134 Mar. 22
25% Mar. 31
634 Mar. 29

Sale

33

1834
934
2634
634

7

12

33

62

23
31
25
31
18

1

1834 Mar.

Mar.
Mar.
Mar.
Mar.
Mar.

14%
18%
9% Sale
2734 • 28
6% Sale
41
41%
33
Sale

1

32

1534
934
2634
634
4334

19

10

32

26

8%
27

634

9

22

31

21%
Sale

Sale
27

Mar. 24

7
Mar. 29
234 Mar. 29

8%
3%

9%
Sale

12%
26
22%

12%
28%

14%
29%
27

25%

11%
Sale

2534 Mar. 31

26%

21

Sale

21

36%
17%
28%
7%

36

3734

31

3234

13

14

29

20

24%
21 %

6%
8
2% Sale

25

7%
3% Sale

33%
16
21

com

280 Hutchinson Sug Plant

150

Highest
Sale Prices

Mar.

6

36

10
27

10

234 Jan.

20

Jan.

26

11

12

Mar. 25

Mar. 31

3534 Mar.
Mar.

8

25

834 Mar.
334 Mar.

4
1

7

28

1334 Mar. 5
2934 Mar. 15
2634 Mar. 8

Mar. 24

Jan.

27

234 Mar. 29

24% Mar. 17

Jan.
4
Mar. 31
Mar. 31

1334 Jan. 14
2934 Feb.
2
2934 Jan. 22

3334 Jan. 10
1334 Mar. 30
2334 Mar. 29

Mar. 10

11
25
21

lnsut

capital

110 Honolulu Plantation cap
610 Hudson Motors Car Co

10

22
25%
31% Sale
7%
8%
23% 29%

11%
•

7,063 HonoluluOIICrpLtd

16

40

7

com.

Hawaiian Pineapple Co
Houie

90

3,403

*

com

Preferred

Hancock

Lowest
Sale Prices

Laundry

(capital)

13,151 General Motors
4,494 General Paint Corp

210

iIH

Sale

If

45

230 Fireman's Fund Iadem cap 10

329
3,886
2,545

Highest
Sale Prices

~34~~

Sale

11%
%
%
36%
20%
49% Sale

43* 495H

2,290 Fireman's Fund Insur cap 25
8,011 Food Machinery Corp com. 10
2^
2,180 Foster & Kleiser com
100

12

"S
id*

9

11% Sail4

190

60

Lowest

103% Mar. 15 10334 Mar. 15
Mar. 21
Mar. 21 102
102% 102
10834 Mar. 12 10834 Mar. 12

28

59

12

870
665

3%

31

34

2,647

1083

Ask

Industries

75

1,430

20

SB

*
100

20,721
2,995
2,718
680

21

50 %
Sale

5

Chemical

20

19%

common

Consol

5%
18%
20%

*
50

Inc class A partlc pref.
3,502
3,119 Creameries of Amer (new)

1,558
1,525

10%
20

42 34
Sale

cap..

180

19%

34 34

150 Coast Cos Gas&El 6% 1st pf 100
175 Consol Aircraft Corp com
I

20

195
5 34

*

633 Clorox Chemical A.

230

5
15 %

1

stock..

9,376 Chrysler Gorp

1,874

11%
14%
3%

634

120 California Water Serf preflOO

10,044 Caterpillar Tractor

350

1154
1434
334
7

185

caplOO

asso

7,135 Callf-Engels Mining Co
1,122 California Ink Co lnc A
11,055 California Packing cap
Preferred...
I,326

30

4,789

55

25?

735 Calaveras Cement Co com—♦
100
1,970 Calif Cotton Mills cap

700

4,835

63 %

14%

-

100

101
101

106
103

10634

11

2,218 Bishop OU Co
5
4,343 Byron Jackson com cap
*
4,167 Calamba Sugar Estate com 20
Preferred
..20
1,120

1,573
1,838
1,582

102
101

60

3,507 Alaska Juneau Gold M cap 10
8,921 Anglo-Calif Nat'l Bank
20
10,105 Assoc Ins Fund Inc com caplO
5
7,405 Atlas Imp Diesel Eng Co

172

105 M

9834 102
105

Ask Bid

po|

Shares.

1,289
1,946
6,520
4,969

Bid

101

1,000 Call? Packing Corp 5%.. 1940
6,000 Calif Water Serv 4%
1961
2,000 Coast Co G & E Co 4%..1965
2,000 South Pacific Co 4 % % —1969

Ask

Sale Prices

Mar. 31

Mar. 1

1938

-

Shares

1

3

Bid

$

1,000
1,000
1,000

RANGE SINCE JAN.

Price
Jan.

Jan. 1

March

Jan. 1 to March 31.

PRICES IN MARCH

SAN FRANCISCO
STOCK EXCHANGE

SALE
Since

Tn

1937

$25,500
94,500

$3,000
11,000

March.

848,090
1,515,043

389,313
898,386

1938

Bond Sales

1937

1938

Stock Sales

March

6%

2

1

2%
15%
10

3%
19%
12

1
34

3§*

15

7

9%

16

8%
Sale
6

5

18

26

7%
1%
2%

8%
1%
4

15

Sale

23%

3%
38
16

3%

% Sale
IK
2H

7%
834
8% Sale
4%
5%

13

2%

Mar. 10

18

Mar.

4

2334 Mar. 29

8

% Mar. 31
2

Marl 26

1134 Mar. 22

Sale
Sale

36

6

18

16

5

3334 Mar. 18
1334 Mar. 30
2334 Mar. 29

Sale

3%

13

Mar. 31

334 Mar. 28

"134 Mar."

7
234 Mar. 11

15

Mar. 31
Mar. 29

5

5

Sale

534 Mar. 30
Mar. 31

13

Mar. 31

17

Jan.

21
10

6

Mar. 29

834 Jan. 26
1034 Jan. 10
534 Mar. 17

Mar. 29

Sale

6

17
10

Jan.

1834 Mar. 15

13

6

Mar.

834 Mar.

1
534 Mar. 17

4
10

1634 Feb.
434 Feb.

34

38

Jan.

39

2

1

Mar. 23

6

Jan.

Mar. 11

Marl 26

Mar. 23

1

2

34

10
14

Jan.

1134 Mar. 22

Mar.

35

13

7

Feb.
Jan.

2

% Mar. 31
2

334 Mar.

16

30

5%
6%
5% Sale

Mar.

Feb.

12

Jan.

7

Jan.

6

534 Mar. 30
5

Jan.

13

r

8,817 Magnavox Co Ltd (capital)}^
2,935 Magnln 8c Co (I) common..

1,920
524

10

"4",284

9,720

Preferred

Merchant Cal Mach Co com 10

70 Market St Ry Co prior pf.100

40

10

"""580

Preferred

North Amer Iny
<

1,580
210

30

50

2,770

0% preferred

100

780

4,857

26

North Amer OU Consol cap. 10
227 Occidental Insurance cap..10




11%
102

14%. Sale
9%
U-%
3%
5
8%
8%
5% Sale
9%
9%

% Sale
8%
9
90
9

Vfr

10

i*

734
9
3% Sale
8

% Mar. 31
8

Mar. 29

34 Mar. 3
1034 Mar. 16

102

8% Sale

preferred

O'Connor Moffat

......

Oliver United Filters Inc A..*
B

5

5%

Sale

4% Sale
24%

38

43

20

48

34

17

12%

39%
13%

24

25

23

26

No par value,

93

%

J*

.......100
......100

1,320
1,340
8,595

%
10%

% Jan.
8

95

834 Mar. 29
934 Mar. 29

Mar.
1
Mar. 16

734 Mar. 30
334 Mar. 29
734 Mar. 31

834 Mar. 16
534 Mar. 1
934 Mar. 3

334 Mar. 26

3

134 Jan.

18

Mar. 29

13

Jan.

Feb.

95

Feb.

10
3

1434
1234
434
934
734
1034

Jan.
Mar.
Feb.
Jan.
Jan.
Jan.

11
16
14
10
15
20

3

834 Mar. 29
934 Fen. 11
434 Feb. 14

734 Mar. 30
334 Mar. 29
734 Mar. 31

Corp—

Common

7,675

40
340

•

8

6

..........100

.....10
1,710 Meieir-Frank Co
16,013 Nat Auto Fibre- InrCom stkl
17,479 Natomas Co capital
•

6,577
8,374
250
160

100

...

% Sale
10J4
12%
90
102
1334
14%

9%

11

Sale
9%
15
17
5%
6
9

t Removed from listing Feb. 4,1937.

8%

9%

19
6% Sale

16

25

9% Sale
6%
12%
4

Sale

83
153'
Sale

23
23

3

Mar.

8

23

Mar. 29

43

Mar. 25

Mar. 15

23

Mar. 25

40

12

Mar.

4

Mar. 31

24

Mar.

2

7% Mar. 25

9

Mar.

7

1834 Mar.
634 Mar.

8
1

934 Mar. 31
23
15

5% Jan.

434 Mar.

Mar. 29

Mar. 29

334 Mar. 26

334 Mar. 26

934 Mar. 31
23

Mar. 31

734 Mar. 25
15

Mar. 29

334 Mar. 26

11

Feb. 24
19

Jan.

1334 Feb. 23
2834 Jan. 15

1034 Jan.

12

1834 Mar.
8
634 Jan. 18

April, 1938]
AGGREGATE

SAN FEANCISCO STOCK EXCHANGE

SALES

SAN

FRANCISCO

m

STOCK EXCHANGE

In

Jan. 1

Shares

Shares

—

16,331
7,362
1,761
5,649
510

4,835
2,840
610
270

1,875
.

200

1,308

80

310

10,245
1,440
2,630
50
9,125
1,637
30

3,051

400

23

Mar.

27

Mar.

25

Mar.

Sale

32

Mar.

Sale

99

Mar.

Sale

3% Mar.
13% Mar.

17 X

14%
Sale

Sale

100

96

Mo cap..*

40

1%

2%

1%
3%
5%

9%

1

......50
1
common....

13
80

840 Schlealnger (B F)

130

cum

Oil

com

pref

*

100

United Air Lines Trans

v t

Universal Cons Oil

Victor E

c_5
111

uipment Co com_.l

Conv cum pref
.5
Waiaiua Agricultural Co..20

160 WellsFargoBk A UnTr cap 100
Western Pipe A Steel of Calif

7,650

170

480

20
234

45

common
..._1#
Yellow Checker Cab Co—

(Consolidated^ cl A
Class A series 2

com

1,099 Yosemite Portl Cem

No par value.




ser

I.5S

cap..50
pf..l0

Co

Sale

Sale

63
27

9%

Sou Pac Golden Gate cl A..*
Class B
•

Union Oil Co of Calif cap..25
Union Sugar Co common..25

Mar. 29

2% Mar. 29
30

69

29

Sale
%

%

6%
29 %

8
Sale

13%

14

l._
14%
75
82%
10 X Sale
19
19%
21%
23
7%
8
13%

m
9%
35
170

i*
10
Sale

Sale

6%
32%
18%
%
14%
81

10%
21%

7%
Sale
Sale
IX
15%
84%
Sale
21%
17%

15
8

Sale

10%
3%
9%
38%

Sale
Sale
10%
39

580

2 90

6

25%
14

6%
Sale
15

%
1%
10% Sale
76
78%
8% Sale
17%

Sale
9% Sale
5
5%
8% Sale
2% Sale
7% Sale
28% Sale
260

Mar. 31

27

Mar. 31

25% Mar. 30
32% Mar. 31

Mar. 21
Mar.
1

Sale

99

7

Jan.
Jan.

6

Jan.

10

3
4

90

4

132

Mar.

3

Mar. 22

5
15

28

15
14

Mar. 29

9% Mar. 29
4% Mar. 29
1% Mar. 30
13

Mar. 29

89

Mar. 12

2

6%
6%
56%
15%
25%
4%
36%
13%
6%
1%

&
90

Mar.

17% Jan.
Mar. 31 119% Jan.

Mar. 30 137

29% Mar. 31
91% Mar. 22

42

35

28

14

4

1% Feb,

Mar.

8

5

Mar.

3

5
54

Mar.

8

Mar.
Mar.

3

Mar,
Mar.

4
8

2

Mar.

3

Mar.

3

Mar.

7

Mar.

3

Mar. 10

Mar. 18
Jan.
5
Jan. 14

9% Mar. 31
18

93

20

Mar.

9

12 103% Mar. 12
22
1% Mar. 1
1
Mar.
1
25
15% Mar. 3

31
Mar. 29

Mar.

2% Jan.

12
25

11% Mar. 30

83

Mar. 30
29% Mar. 3

Mar. 29
Mar. 26
Mar. 3
Mar. 28

9%
%
%
6%
25%

Mar. 31

13

Mar. 26

% Mar. 21
10% Mar. 31
80
8

Mar.
7
Mar. 31

17% Mar. 31
9% Mar. 31
5% Mar, 26
8

2%
7%
28%
259%

Mar. 31

Mar.
Mar.
Mar.
Mar.

Mar.

25

Jan.
36% Jan.
Jan.

13
89

Mar. 29
Mar. 12

&

90
Feb. 15 20%
Mar. 8 115
103% Jan. 15 105%
6
% Jan.
1
3% Mar.
4%
10% Mar. 29
16%

Mar.

1

2

% Mar. 21
Mar. 22
Mar.
7

15
8

1

Mar. 11
Mar.
1

38

Mar.

30 280

Mar.

27
18
13
2

Jan.

17

8

4

29

Mar.
Mar.
Jan.
Mar.
Mar.
28
Mar.
259% Mar.

7

Feb. 25

30% Jan.
22% Jan.
n Mar.

17
28
31
26
21

31

31

26
26
29

31
31

15
12

Feb. 24

5

17
Mar. 31

9%
5%
6%
2%
7%

8

29

Feb.

Jan.
Feb.

10

17% Mar. 31

1
11% Mar.
1
3% Mar.
8% Mar. 28

31

Jan.

Jan.

8

3

31

Jan. 10
Mar. 30
18
Mar. 10

Jan.

Feb. 23
Feb.
2

Jan.
Mar.
Jan.
Jan.
Mar.
Mar.
13
Mar.
% Feb.
10% Mar.
76% Feb.

Mar.
8
Mar. 28

8*
Mar.
IVAMar.

6
15
10
11
11

Jan.

28%
9%
%
%
6%
25%

8

7

32% Mar.
19% Mar.

Ill

Mar. 31 100
24
Mar. 29
11% Mar. 30 23
60
Mar. 30
83

2

Mar.

Jan.

29% Jan.

92

30% Mar. 16

18M
eP,

Feb.

6% Feb. 28
56% Feb. 24

20

2

24% Mar. 19
1
20% Mar.

60

14
Jan.
12
Feb.
2
Jan. 28

Mar. 29

Mar. 29
9% Mar. 29
4% Mar. 29
1% Mar. 30

6

24

Feb.

2% Mar. 29
30

11
10

7

20

Ill"Mar.' "~8 115*"

Jan.

40
Jan.
Mar. 31 104% Jan.
6
Jan.

Jan.

6
17
14

28% Jan.
30% Jan.

3% Mar. 30
13% Mar. 30

Mar.

12%

12%

Preferred
100
1.663 Sou Cal Gas pfd 6% cum A.25
19,198 Sou Pacific Co com (cap'l).lOO

4%% preferred new
100
Transamerlca Corp capital.. •

91
Sale

20

952

70 Spring ValleyCo Ltd capital *
21,047 Stand Oil Co of Calif capital •
5,826 Super Mold Corp of Cal cap. 10
220 Thomas Alloc Corp class A. *
6,131 Tide Water Assoc Oil Co com •

15

Mar. 29

9% Mar. 31
18

23

Sale Prices
12
Jan. 12

35

5% Mar. 29
55

1

14

1

91

Mar. 24
Mar. 18

105% 103% Mar.
1
Mar.
1%
4
2%
3% Mar.
10
Mar.
10% Sale
93
Sale
92% Mar.

5,645 Signal Oil A Gas Co class A.*
36,044 Soundvlew Pulp Co new....5

3,390
3,185

55

Sale
Sale

1%
5

Mar.

Jan.

1

40

Mar.

101

25

Corp

conv

11%

(new).

com

Preferred (new)

1%
5%
6

3% Sale
29%
31
9% Sale
5 % Sale
%
1%

113

640

-

90

2

112% Mar.
136% Mar.

Mar.
133% 132
Sale
29% Mar.
91%
91% Mar.
28%

43

com..

26% Mar.
29% Mar.
27% Mar.

i3oF
if*

115%

50 San Joaq Lt A Pr prior
pf.100
80
6% prior pref ser A
100

3,801

•

Sale

20
Series A preferred
..100
373 Safeway Stores Inc common. •

108.748
16,923
7,235
2,023
29,565
5,350
2,926
1,920

90

1

Highest

5% Mar. 15
8% Feb. 15
4% Mar. 29
6

Sale

Com stock purch warrants.
2,044 Root Bros Inc common.....1

2,088 Shell Union

7
2

Sale

..100

Preferred

9% Mar.

6% Mar.

Sale

224

52,279
8,221
3,227

424

Sale

preferred...25

12,868 Rheema Mfg Co
40,677 Richfield Oil Co

5% Mar. 15
4% Mar. 29

Sale

18

Cumulative

Sale Prices

Sale
Sale
103 %

25
...25

.....

Lowest

Sale Prices

6%

51

100

295

Preferred

Highest

Sale Prices

6%
Sale

10,224

10

371
15,816
3,565

6

5%
6%

a

Rlec Co com.25

preferred

lat preferred

15,073 Republic Petroleum Corp

110

400

lat

Lowest

Ask

3,913 Ry Eq & Realty Co Ltd com.
318
6% preferred (new)
100
17,600 Rayonier Inc common......1

40
40
260
180

3.743
12,728

6%

5H%

520 Plg'o Whistle Corp partlc pf •
346 Puget Sound P & T Co com

43

1,398

Pacific Gas A

254 Phillips Petroleum

20

,

»

465
0% preferred....
8,392 Paraffine Cos, Inc.,

70

7,133
15,216

Pacific Can Co

10,416 Pacific Lighting Corp com..*
1,410
S6 dividend pref
•
11,671 ''at Pub Serr com non-vot..*
9,642
Firat preferred
...»
2,360 Pac Tel A Tel Co common. 100

200

5,162
5,326
8,519

Uh
9%
6%

5,363

230

98

Mar. 31

Ask

35,111
20,276

54

2,104

Mar. 1

1938
Par

120 Pacific Clay Products.

20
;v

STOCKS

4,258

—

RANGE SINCE JAN.

Jan. 3

420 PaauhauSugarPlantCo
caplS
905 Pacific-Amer Fisheries, Inc. 5

360

35
1,750

PRICES IN MARCH

Price

Since

March

63

6%
33%
19%
1%

8

Feb.

14

Jan.

10

Mar.

2

Jan.

19

l$y*

Jan.

13

84

Jan.

26

12%
21%
22%
8%
11%
4%
10%
41%

Jan.

30 285

12
Feb. 24
Jan.

7
8

Mar.

Jl

Mar.

Jan.
Jan.

24
11

Jan.

ll

Jan.

26

16% Sale

20

Sale

14%

Sale

14% Mar. 29

20

Mar.

1

14% Mar. 29

22% Jan.

11

30
22

33

28

32

25

Sale

25

29

Mar.

8

30

25

32

Jan.

8

24%

29
3%

24%
2%

Sale
3

24% Mar. 31

3

3%

3

3

Mar. 31
Mar.

7

24% Mar. 31
3

Mar.

Mar. 31

24% Mar. 31

7

3

»

Jan.

26

24% Mar. 31
3% Jan.
6

Los

Angeles Stock Exch.
RECORD

MONTHLY AND YEARLY

STOCK EXCHANGE

RANGE OF PRICES ON THE LOS ANGELES

Shares_

March

Jan. 1 to March 31

In

Jan. 1

Shares
100

v

3
1938

par

900

400

500

500

"i",66o

400
282
500
'

30c

600

200

565

300
700
900

8,800
4,500

2,400

13,500
1,700
3,600
5,600

150

1,100
12,000
3,600
6,900
30,100
400

800

2,000
400
200
800
200

"""§55
400

56

100

9,000
3,500
18,800
1,700
3,400

1,400

common..

300 Holly OH Co

2,200
1,800
500
400

4,700
5,100
1,100
1,600

Mar. 25

9c

4c

9c

5c

Mar. 16

5c

Mar. 16

20%

15%

21%

11

Mar. 25

*

5

10%

1

90c

390

35%

.

6%

11
Sale
399

60c
300

25%

35%

*

36

Sale

16

Mar.

8

1.45 Mar. 23

Mar. 31

53

Mar. 40

7%

8%
9%
4%
9%
3%

Mar. 31

Mar. 30
Mar. 23

3% Mar. 25
6% Mar.

Sale

60c

Sale
385

390

I
8

3%

£2^
90c

Mar.

390

Mar.

4%

8

Mar.

7

Mar.

1

Mar. 15

Mar.

4

9

Mar.

2

9

Mar.

3

4% Mar. 10
3% Mar. 12
18% Mar. 25

3% Mar.
3% Mar.
18% Mar.

29

67 %c
1

Sale

50c

80c

1%

2

1

*

...

1.2

'1% "1%

35c
5c

Sale
9c

11c

15c
13

11c

15c

17c

16c

10

Sale

2% Sale
4
4%
65c

75c

1.25

Sale

5c
11

87 %c Sale

7c
13c
14
Sale

9

Sale

3

Sale

3
65c

Sale

1.05

3%
1.15

7c
12
11c

11c

Mar.

14

Mar

21

11c

Mar.

16c

Mar

1

5% Mar.

9

Mar

1

2% Mar.
3% Mar.

3% Mar
4% Mar

6c

5% Sale
2% Sale
3% Sale
60c
80c

Mar.

14

14%
Sale

65c

60c
80c

Mar.

4c

90c

60c

Sale

55c

60c

Nor don Corp

13c

14c

9c

Sale

28c

Sale

19c

25c

21c

Mar, 23

80c

Sale

80c

Mar. 31

3c

4c

3c

600
Preferred series A.
10
400
Preferred series C
10
2,000 Pac Gas 8c Elec Co com..
25
600
1st pref 4%
25
300
&H% 1st preferred
25
2,000 Pacific Indemnity Co
...10
900 Pac Lighting Corp com
•
151
$6 preferred
_..._*
100 Pacific Public Service
_*
•

1,500 Puget Sound Pulp 6c Timber*
17,200 Republic Petr Co Ltd
10
50

Preferred

Rice Ranch Oil Co

1

Richfield Oil Corp common.*
Warrants.. ....... ......
Robert Public Markets.....»
Ryan Aeronautical Co

500 Safeway Stores Inc
Samson Corp B common

156
1,000

6%
26%
28%
25%
19%
35%
L01

4%
11%
6%
3%
28%
15c

5%
1%
3%
L .25

*

20

*

75c

1

2

1.25

Sale

5%

2%
10c

9
27%
29%
26%
20%
35%
105

25c

9%
9%
9

22%
26%

22%
37%
103
5

5
12%
6%
4%
32

34%

25c

17c

Sale
2
3%
Sale
21

1%
Sale

7
4

23%
38%
105

5%
Sale
Sale

36
Sale

6% Sale

lli

2%

%Vi

1.25

3
1.30

18%

19%

70c

2%

3c

6c

3

Mar,

9

5% Mar, 25

6

30c

35c

Mar,

8

9% Mar, 26
11% Mar. 14

9%
12
,

23%
27%

9

Mar. 28

23% Mar. 31
28

18%
20
18%
32% 32%
99% 102% 101%
3
4
4%

32

Mar, 25

5
3

Sale

30

5
1

Sale

1%
2% Sale
90c
12

2

1

3%

2%

1.25

Mar.
Mar.

11% Mar.
9

Mar.

26% Mar.
28% Mar.

Mar.

Mar.

4% Mar.
36% Mar.
17c

Mar.

5

13

7

Mar.

17c

7% Mar.
30c

4% Mar.

Mar.

25c

Mar.

1.10 Mar.
4c
Mar.

104

Mar.

30
17c

27c

22% Mar.
36% Mar.

Mar.
Mar.
Mar.
Mar.

6
Sale

3%
3%

Mar.
1.05 Mar. 25

Mar.

6%
1%
2%
1.25

1.10 Mar.

2% Mar.
1.05 Mar.

12%
12% Mar.
1% x60c Mar.
3%
2% Mar.

Mar.

Sale

24

25%
6c

•

19%

20

21%

..1

10c

50c

21%

22%

22

22%

19% Mar. 31

22

Mar.

36

37%

35%

36%

35

35

35%

Mar.

27
25

25

25% Mar. 30

27

Mar.

29%

27%
25%
30%

195!

Sale*

25

26% Sale
24%
28%
7%

11*

29

2%
31

24%
29
Sale
Sale

2%
Sale

6c

33

10c

23

Sale.)

3
3%
35% Sale

5c

19

8c

21%

19% Sale
35%
25%
23
23%

27g 2|H
9)1

25%
2%
21

Sale
Sale
Sale
25%

5c

20

Mar.

25% Mar.

Mar.

10c
25

Mar.

Mar. 29

8

4

Mar. 26

9% Mar. 30

25% Mar.

31

2% Mar. 31
26

Mar. 26

Mar.
Mar.

15

4
18
17

Mar. 16

5% Mar. 30
5
2
Jan.
3% Mar. 30

3c

30% Mar. 15
85c

Jan.

oiH

Jan.

35c

Jan.

5c

Jan.

11c

Jan.

14

31
Mar. 21

18c

Jan.

3
4

10
Mar. 7
Feb. 15
Jan.

7

Jan.

19

7c

Jan.

5
11
26

Feb.

75c

oVA

Jan.

2% Jan.
Jan.

10

15c

Jan.

11

30c

Jan.

7
14

Mar. 31 1.20
Jan
3c
Feb. 18
28c
Feb.
5
Jan.
5
7% Mar.
8
30c
Mar.
49c
Jan.
9% Mar. 26 14% Jan.
11% Feb. 16 11% Feb.
9
Jan.
7
9
Jan.
23% Mar. 31
Jan.

Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Jan.

25
18
26

Feb.

12% Mar. 30
Jan.

7
4
25
27% Jan. 19
Feb. 23
23

11*
30

Jan.

Jan.

37% Jan.
17c

14
1

Jan.

10

Jan.
Jan.

11

Jan.

12

11*

Jan.

7

5

Mar. 22
3
Jan. 19
Jan. 13

2% Jan.

18 113

23% Mar. 29

Mar.

7%
2%
3%
1%

8 z80c

2% Mar. 16

20
25c

7

19
14
16

%

3

2% Mar. 19
1.05 Mar. 30

5c

16

15
39% Jan. 15
29 104% Jan. 12
9
4% Mar. 9
10
Jan. 14
Mar. 17
Feb. 26
Mar. 26
Jan. 10

1.10 Mar. 30

z60c

10

70c

80c

5

20

10% Jan.

35c

1.05 Mar. 25
8
Mar.
9c
Mar. 25
21c
Mar. 23

3

19
3
17

Feb. 10
Mar. 26
Feb. 17

55c

29%
27%
18%
29%
101%
4%
14%

10

1.50 Mar. 28
9% Jan. 10

Mar. 30

29
12c

Feb.

15

25

Feb.

4

25c

Jan.

ll

Mar. 18
Feb.
4

Mar. 31

24% Jan.

10

27

Jan.

25

Jan.
IVA

Mar.

24% Mar. 29

29% Mar.

3
17
Mar. 15

Jan.
Jan.

11% Feb. 15
11c

112
24

25
Sale

7,300 So Calif Edison Ltd com. ..25
1,332
Original preferred......25
5,400
6% preferred........
25
5,300
&H% preferred..
25
1,900 So Calif Gas A 6% pref...25,
2,300 Sontag Chain Stores Co Ltd. *
11,400 Southern Pacific Co
100
10,300 Standard OH of Calif
»
3,400 Sunray Oil Corp
.......1

5c

Mar. 25

6c

25c

6
9% Jan.
87%c Mar. 31

5

50c

27

Mar. 21
27

1.30 Jan.

Mar.

2% Mar.

2i

9

Mar.

17% Mar.
z80c

31

26
Mar.
7
Jan. 11

26

Mar. 31

Mar.

10

4% Jan.
4% Jan.

31

30
15c

Mar.
Mar.

10
18

Jan.

23

80c

4c

Jan.

Feb.

60c

1.05 Mar, 25
8 57%c Mar.
55c
Mar,
11c
Mar.
9c
Mar. 25

1%

Sale

Mar,

Jan.

Mar .12

Mar

23%

942 Security Co units.......

common

3c

A* elc*
.iL 11*

1

6% Preferred.......
10
62 San Joaquin L5cP 7% pr pflOO

125,700 Sierra Trading Corp
1,900 Signal Oil-Gas A

19c

35c
6c

4J
10

Jan.

30c

25c

1.15

7

26

10

3
23

1.10 Mar

65c

Mar.

Sale

1

Occidental Pet Corp..
Oceanic Oil Co
1
Ollnda Land Co
1
Pacific Clay Products
♦
Pacific Distillers Inc
1
Pac Finance Corp common. 1®

8
23

25

62% Jan. 15
8% Mar. 5

76

65c

Mar
Mar

29

9

10

6

28

1% Mar.

30

Jap.

Jan.

22

5c

Feb. 23
Jan. 22
Feb.
8
Feb. 26
Feb. 25

3% Mar. 12
4
18% Feb.

Mar

Mar.

30
31

6
4
14

Mar. 30
Mar. 22

Mar. 23
95c
Jan. 18 399
Jan.
25% Mar. 31 37% Jan.
9
Mar.
6% Mar. 29
7
Jan. 27
9
Feb.
Jan.
5
3% Mar. 29

1.50 Mar

5c

Jan.

1.45 Mar. 23

60c

80c

87%c Mar. 31

7c
10c

20

Jan.

390

35c

3c

Mar.
Mar.
Mar.
Jan.
Mar.
J an.
Mar.

25% Jan.

Mid-Western Oil Co
Mills Alloys Inc A
*
Mt Diablo OI1 Ming 5c Dev._l
5
1

6%
7%
2%
8%
3%
4%
6%

15

Mar.

Jan.

18

30% Mar

1.50 Mar.

2%

27
8

Feb. 24
Jan. 11

Mar. 31
1.25 Mar. 28
36
Mar. 31
11

65c

75c

Jan.

20% Mar.

25% Mar.

25% Sale

15

Jan.

18% Mar. 25

76

65'(tnudsen Creameries

For footnotes see page 65.

Mar. 5
Mar. 7
Mar. 7
Mar. 7
Mar. 25

._»

23,650 Lincoln Petroleum Corp
1
7,300 Lockheed Aircraft Corp
1
32,700 L A Industries Inc
......2
3,500 L A Investment Co
10
6,400 Mascot Oil Gj
1
21,000 Men a sco Mfg Co
1

4,900 Superior Oil Co

Mar. 15

35% Mar.

25% Mar.
6% Mar.

Sale

5**
6

*
1

8,600 J®de Oil Co
1
31,965 (tinner Airpl 5c Motor Corp.l




9

1.25 Mar. 28

1%

36

20% Mar.

Mar. 31

16%
Sale

1

5

140 Signal Petroleum Co
205

3c

1
87%c Mar. 18
4
2% Mar. 26
5
Mar. 23
9%
27% Feb.
3 29%
45c
40c
Jan. 26
52%c Mar. 30 1.00
47c
27c
Mar. 23
1% Mar. 10
2%
62%c Mar. 22 62 %c
10
10
Feb. 23
3c
Mar. 22
5c
5c
5c
Feb.
8
5c
Feb. 26
5c

19% Jan.

3,800 Hupp Motor Car Co

""'285

"2",755

Mar. 25

*

22,300 Hancock Oil Co A
5,500 Holly Development Co

700

13,000
1,400

3c

Goodyear T 5c R Akron com.*
,30
$5 Preferred
*

400
120

Mar. 14
Mzr. 22

5c

10

100 Golden State Co

4,100
53,500
2,800
II,000
9,500

1

Mar. 11
Mar. 14

8c

4%

333

Mar.

2c

1,050

169

40c

8c

3%

31,500
1,100
3,600
36,800
9,400
12,500
62,100
1,300
1,500
6,400

1

25

300 Pacific Western Oil Corn

"""555

50c

Preferred...
*
Creameries of America ▼ t c. *

561 Merchants Petroleum Co

"5",555

1%

2

2,400 Gladding McBean & Co...
2,000 Globe Grain & Milling Co..25

50

10,200

Sale

1

100 International Cinema

25,940

Mar.

52%c Mar. 30 75c
40c
27c
Mar. 23
2%
1% Mar. 30
Sale
1.50 62%c Mar. 22 62%c

?8

Steel com..

500 Hudson Motor Car Co

"T555

40c

30c

3c

146 Farmers 5c Merch Nat Bk.100

100

"""955

45c

...

Consolidated

800 General Paint

Sale Prices

52 %c Sale
15c
30c

6% Sale
7% Sale

5,300 General Motors Corp

100

100

%

1

Claude Neon Elec Prod Ltd.*
Consolidated Oil Corp
*

2,000 Emtco Derr 8c Equip Co
46,800 Exeter Oil Co A

61

1,100

Highest

Sale Prices

Sale Prices

Ask

Lowest
Sale Prices

100

655 District Bond Co

19,600

1

62 He

400 California Packing Corp
*
656 Central Investment Corp. 100
700 Chapman's Ice Cream Co
*
3,200 Chrysler Corp
5

2,600
3,700
3,300
1,500
I,500

Sale

90c

2,000 Buckeye Union Oil com
1
1,000
Common tot tr ctfs
1
2,000
Preferred rot trust ctfs__l
200 Byron Jackson Co
*

T.666

600

40c

10
10

B common

230 Brock & Co 2d pref

1

Highest

Lowest

31

87%c Mar. 18 87%c Mar. 18
1% 62 %c
1
3% Sale
2% Mar. 26
3% Mar. 14
5
Mar. 23
5
5% Mar. 30
5%

Warrants

6,900 Bolsa Chica OH Corp A

3,800

RANGE SINCE JAN.

3%
9%

3%

1
*

Mar

1

Ask Bid

1

common...

193
5%% preferred
...100
5,900 Barnhart-Morrow Cons
1
3,900 Berkey 8c Gay Furn Co
1

1,400

1,100
2,400
1,900

Mar

Ask

Bid

800 Barker Bros

300

$5,000

Jan. 1 to March 31

Jan

STOCKS

200 Assoc Gas & El A
16,500 Bandlni Petroleum Co

T, 255

_

PRICES IN MARCH

Shares

12,200

_

Price

Since

March

1,951,728
6,368,078

518,367
1,353,965

LOS ANGELES
STOCK EXCHANGE

SALES

AGGREGATE

March

1937

1938

Bond Sales

1937

1938

Stock Sales

30

25% Mar. 30
4
24% Jan.

Feb.
25% Feb.

14
8

Mar.

29

4

30% Jan.

3
7% Jan.
9% Mar. 30

Jan.

15
7
12
11
20

8% Mar.

19%

Mar.

33
3

Mar.

Mar.

35% Mar.

25%

Jan.

Mar. 31

2% Mar. 31
26

Mar. 26

Feb.
33

Jan.
Jan.

36% Feb. 23

April, 1938]
AGGREGATE

LOS

SALES

In

Jan. 1

Shares

los angeles
stock exchange

PRICES IN MARCH

Shares

,

200

STOCKS

500
80

2,600

50,300
32,000
12,100

10

...»

25.600

500

2,900

2,200
'•

lie*

17c

1%C

lc

Cardinal Gold Mining Co._.l

10c

Zends Gold

Mining Co......J

..100

800 Electric Bond & Share

5%

8

3

3 %
4

6%

3.200
4,200

2

14

3%

7c

6c

19c
2c
20c

Sale
2c
40c

7%c

12

Sale

144% 145%
29%
4%

American

Co....

...*

Packard Motor Car Co..
Radio Corp of America.

400 Texas Corp
600 Tide Water Assoc OU...
500 United Corp (Del)......

400

48%

No par valne.




U S Steel
Warner

x

Odd lot.

l5c~

12% Mar. 17
8% Mar. 29
17% Mar. 31
8

Mar. 31

6% Mar. 16
*4% Mar.
7
4

Mar. 21

2% Mar. 28
19

Mar. 18

2% Mar. 24

Sale

15c

12c
lc

Mar.
Mar.

13

Mar. 16

10%
21%
11%
5%
*4%
5%
2%

Mar.
1
Mar. 1
Mar. 4
Mar. 16
Mar. 7
Mar. 8
Mar. 28

19

Mar. 18

3%; Mar. 15

Sale

10c
3

lc

l%c

lc

Mar.

20c

32c

20c

3%c

4%c

3c

22c

Mar. 30

1 %c

Mar.

3

49%
2

Pictures

29%
1
1

30%
1%

—10

5

1

Mar. 15
Mar. 15

13c
3% Mar.

Mar.

1

Mar.

lc
20c

Mar. 14
Mar. 26

Mar.

6c

Mar. 14

Mar. 30

13% Mar.

Mar. 30 132

Mar. 29
Mar. 25

Mar.

12%
8%
17%
6%
5%
3
4

Mar.
Mar.
Mar.
Jan.
Mar.

17
29
31
26
16

Jan.
8
Mar. 21

2% Mar. 28
19

Mar. 18

2% Mar. 24

11% Feb. 25
12c
Mar. 23
lc

10c

Jan.

10
Mar. 29
Mar. 31

3
lc

Mar. 14

20c
3c

Mar. 26
Mar. 22

9% Mar.
9

33% Mar. 15

36% Mar. 23

3

Mar. 25

1

Mar. 25

36% Mar. 23
1% Mar.

1%
22%
3%
5%

Mar.
Mar.
Mar.
Mar.

28

Mar. 31

24
29
31
25

1% Mar. £
22% Mar. 29
4

Mar. 23

16%

17%

10% Sale

10% Mar. 31

5% Mar. 25
38% Mar. 16
10% Mar. 31

7%

8%

5% Sale

5% Mar. 31

6% Mar. 24

39%
6%
36%
18%
8%
19%

39%

nt* Sale
ava
28

35%
6%

9%
19%

36%
7

Sale
19%

4%
6%

36%
18%
19%
4%
6%
3%

27% Sale
5%
5%
25% 26%
10

5%
13%
3%
4%
2

3%
25%

26%

15%

43

43%

32%

w w

14%
2%

15%

10%

22%

-.25

Corp...........100

Bros

21c

22
21%
3% Sale

HI*

800 U S Rubber Co.....

3,200
4,700

3

Highest
Sale Prices

1 u

-—*

800 Standard Brands Inc...
300 Standard OH Co (N J).. -.25

200

2%

3
16

Lowest
Sale Prices

13% Sale
8%
9%
9%
112
112
136% 137% 111
33%
34%
21% 22% 22%
3
3%
3%
2%
2%

..._5

800 Radio- Kelt h-Orpheum..
300 Seaboard OH Co of Del.

mmmrnrnrnrn.

3%

22

Highest
Sale Prices

•

Kennrcott Copper Corp....*
100 McKesson & Robblns
..5

400
200

*

35c

700 Goodrich (B F) Co
.._...*
400 International Nickel Co
•
400 International Tel & Tel....*

600 North

Sale

5%

1,400 General Electric Co..._..._*

200

2,900

25c
6c

12c
3%
lc
20c

1%

Solvents

1,200

300
700
500

2c

Cities Service Co

2,600 Montgomery Ward & Co....*
5.900 N Y Central RR.
•
1
9,100 No Amer Aviation Inc..

2.000

3%

lc

*

900
100

600

20c

3%

........5

400

3,100

8

6%

1,000 Com'wealth St Southern....•
200 Continental OH Co (Del)...5
4,400 Curtlss-Wright Corp
1

300

16

Lowest
Sale Prices

13% Feb. 23
12% Jan. 12
21 % Feb.

25

11%
5%
4%
6%
2%

4
16
7
11
28

Mar.
Mar.
Mar.
Jan.
Mar.
19
Mar.
3% Jan.

18

19

13

Feb.
Jan.
l%cJan.
22c Jan.
4% Jan.
2c
Jan.
29c
Jan.
9c
Jan.

22c

2

21
13
21

21
14
20
4

STOCKS—

Amer Rad & Stand San.....*

200 Commercial

100

2,500

3

lc

200 Caterpillar Tractor

1,400

""2% "3"

Sale

10

Ask

8% Sale
17% Sale'

4

80"

200 Bend I x Aviation

100

tn
19

M ColOc

2,200 Anaconda Copper Mlning__50
1,300 (The) Aviation Corp iDel)_.3

100

5%

Mines Co.. 10c

700 Amer Tel ft Tel Co

500

fi*

Black Mammoth Cons M Colftc

39,000 Cons Chollar G & S Co
1
25.000 Imperial Development Co.25c
1,500 Tom Reed Gold Mines Co
1

400

500
100
400

Sale

Calumet Gold

UNLISTED

500
200

10% Sale

31

STOCKS—

300 Alaska Juneau Gold

27".6OO
24,000
4,800
1,500
5,000
1.400

20

15

Sale
Sale
7%
6%
6%
5%
6
2%
3%

Mar

Ask Bid

10 %

Yosemlte Portl Cement preflO
MINING

1

18%
6%
6%

100 Western Pipe & Steel Co. .10

1,900

Bid

*

5,200 Wellington Oil Co
I
100 Western Air Express Corp—1

100
100

6,000

11

Ask

25

84 Weber Showcase & Pis pfd—•

1,900

Mar

1938
Bid

27,000 Transsmerlca Corp
30,100 Union Oil of Calif
10,000 Universal Cons OH Co
600 Van de Kamps Bakeries

5,500

1

Jan. 3

300 Taylor Milling Corp

11,500
14,800

RANGE SINCE JAN.

Pries

Since

March

65

^NGELES STOCK EXCHANGE

34

3%
20%
7%
45%

20%
8%
46

38

38%

52%
6

4%

22%
53%
6%

55%

5%

3%
34%
Sale

6%

2

35% Mar. 8
5% Mar. 28

29

34% Mar. 14

Mar. 28

10%
6%

10% Mar. 26

14%
3 %
5%
2%
15%

15

33%
10%

40%
10%
2%
29%
38%
3%

2%

21%
22%
38% Sale
4

27% Mar. 31
5% Mar. 28

Sale

6

Mar. 30
Mar. 29

18% Mar.

2

Mar. 29

8% Mar. 2
17% Mar. 17
4% Mar. 22
6% Mar. 8

2% Mar. 25
19% Mar. 24

19% Mar. 24

3% Mar. 30
5

Mar. 10

3

Mar. 21

Mar. 29

40% Mar. 10
12% Mar. 23

Mar.
Mar.
Mar.
Mar.

2% Mar. 15
31% Mar. 17
55 % Mar.
1
5% Mar. 9

24
11

31
26

112

14% Feb. 23
Jan. 26
36% Jan. 11
4% Jan. 10
14% Jan. 10

Mar.

145

22% Mar.
3

Mar.

14% Jan.
36% Mar.
1

44% Feb.

Mar.

2

8% Jan.
\1% Mar.
22% Mar.
3% Mar.
5% Mar.
28
Mar.
10% Mar.
50% Jan.
5% Mar.

9

Jan.
Jan.

1H Jan. 28
22%
5%
9%
45%
18
51%
6%

27% Mar. 31
5% Mar. 28
29
Mar. 28

Mar.
Jan.
Jan.
Jan.
Feb.
Jan.

41

Jan.

6

3%
6
2%
19%
8%
49%
38%
10%
2%
29%
38%
3%

Mar. 30
Mar. 29

10%

Mar. 30
Mar. 29

Mar.
Mar.
Feb.
Jan.
Feb.
Mar.
Mar.
Feb.
Mar.
Mar.

25
24
26
15
3

29
24
10
31
26

29

10
11
10
21
20

Mar. 24

10% Mar. 26
15

8
6
11

15

11

Jani

10

~!1 % Jan.

12

5% Jan.
7% Jan.
5% Jan.
22
Feb.
9% Jan.
49% Jan.
41% Jan.

11

14

Feb.

3

Jan.

15
10
18
11
15
6
„

21
26

29% Feb. 10
61% Jan. 15
*71Z

Tor.

RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE
1938

Stock Sales

March

—-Shares*
Jan. 1 to March 31----

-----

AGGREGATE

March
Shares
50

375

Since
Jan, 1

STOCKS

Far

20

622

1.467 Clark Controller new...1

266

399 Cleveland Builders Realty..*
3.067 Cleveland Cliffs Iron pref...*
156 Clev El,111 $4.50 cum prei.... *

465

"""655

.

1,395
120

8,615

100
330 Cleveland 8c Buffalo Tran..*

25,597

Cliffs Corporation v t c....»*

339 Colonial Finance Co

339

503

Dow Chemical

Klec Controller 8c Mfg......*
Faultless Rubber..
......*

10
103

343
335
675
486
120
10
175

30

84

15

42 Grelf Bros Cooperage.

139

,

630

78
766

38
246

797
170
270
100
50

737
232
33

90
620

200

""150
28

74
322

1,480
340

1,654
430
99

379
50
35
580

2,075
135

1.115
204
30
*

No par

Knitting Mills

foote hurt

........

..*

I.*
*

Fostorla Pressed Steel..

General Tire

3,479
<

Preferred

Halle

.......

725

*

Brothers.

17
2

I-IIi
Sale
Sale
3 5$

30'

*
*

Lamson Sessions...........*
Leland Electric............*

Lima Cord Sole & Heel

1

Preferred

31

Ask

4*$
7
5*$ Sale
7
8*$

Sale

National JRefIning ........25

Preferred

.

.

107 *$ 109
79
66
24
18"
19

5]
21

12

$

3*$

.

11*$

Sale
65*5
14*$
15
2
3*$
45
Sale
10

.....

48

10 H

95$

12

"25$ ""3*i

16*$
36

17*$
38*$

58
20
16
4*$ Sale
6*$
12*$
4
3 5$

2*1

3B; lp
"3*1

3%
85

J >

27

29

30 5$
7

33

11

17

14
Sale
Sale
Sale

595 Vlchek

Wka Co com

Tool....

1,843 Warren Ref
1,044 Weinberger

..._....*

8c Chem com....2

Drug..........*

130 W R I Corp pref.......
a

1

In liquidation.

100

5*$
Sale
18

5*$

16*$
6

9

12

25$

Mar. 29

7
6

13

2

Sale
12

6

2*$
18

6*$

J*
62

Mar. 25

44

if*

Mar. 11 115
Mar. 30

Mar. 29

11

11*$ Mar.

3

Mar. 28

Mar. 8
Mar. 29
11*$ Mar. 3

70
21

1

45
30

Mar. 28
Mar. 22

45
30

Mar. 28

35

14

16

16

Mar. 25
Mar. 31
Mar. 31
Mar. 18
Mar. 31
Mar. 28

17
37

Mar.

905$ Mar. 31

31*$ Sale
905$ Sale
5*$
8*$
27*$ Sale
11*$
15

31
90

13

145$ Mar. 26
3*$ Mar. 30

1

16*$

12
8
3

%

15*
30

2*$
60
3

12
6

3*$

8

25$
18
28

13

18

4* 7?H

14

25$

70

Sale

3
85

5
27
15

3

8
3

2*$

3*$
20

10

9
30
19

25*$ Mar.
16*$ Mar.
3
65

Mar. 23

9
2

Mar. 11
Mar. 8

5*$ Mar. 29
25$ Mar. 28

8*$ Mar. 8
351 Mar. 11

28

11
6*$ Sale

2*$ Sale

29*$ Mar.
7*1 Mar.
10

Sale

16
4

9
30
2

Sale
Sale

9

12
9

16

35$
95$

30
2
15
9'

2

Mar. 15
Mar. 31
Mar. 25
Mar. 31
Mar. 28

Mar. 26
Mar. 30
Mar. 30

3!

35$ Mar. 29

852

9

5

5*$ Mar. 30

10
55$
15$ Sale

5

1*$
Sale

fV*

4*$ Sale

16

35$

2*$ Mar. 11
*$ Mar. 16

17

7

2
18*$
70

Mar. 18

15$ Mar. 31
5

Mar. 26

1*$ Mar. 16
18
50

Mar.

7
Mar. 30

31*$ Mar.
7*$ Mar.

2
2

10*$ Mar. 18
175$ Mar. 2
55$ Mar. 4
10

Mar. 22

33*$ Mar.
3*| Mar.
20
11

9

15
10

65
15
44

Mar. 31

*$ Feb. 17
11

Mar. 29

105$ Mar. 25
30*$ Feb.
1
109
60

85*$ Mar. 18
Jan.

22

45
30

Feb.

3

16

Mar. 28

Mar. 22

31*$ Mar. 31
905$ Mar. 31
5
Jan. 13
15

Mar. 31
Mar. 28

145$ Mar. 26
3*$ Mar. 30
8

Jan.

10

2*$ Mar. 15
18

Mar. 23
25*$ Mar. 9
13
Mar. 30

25$ Mar. 19
65

Mar.

8

6*$ Feb.
13
Jan.
5*$ Mar.
25$ Mar.

17

60
2

Feb.

10

29
28
28

Mar. 18
*$ Mar. 16

95

20

4
18

31

Mar. 30

5

Mar. 26

1*$ Mar. 16
Jan.
3
Mar. 30

25

Jan.
4
Mar. 23
Jan. 12

Mar.

26

12
8

6*$ Feb. 17
14
Feb. 17
8*$ Feb. 17
45$ Jan. 11
70
Jan. 24
3

Jan.

13

5$ Jan.

4
22

Jan.
Jan.

7*$ Mar.

26

2

Jan. 17
Feb. 10
Jan. 10
Jan. 15
Jan. 11
Jan. 17
Jan. 21
Jan.
4

Feb.
5
Mar. 28
Mar. 26
15
Mar. 30
95$ Mar. 30

18
50

Jan.

185$ Jan.
3*$ Jan.
65

9

15$ Mar. 31

18

18*$ Jan. 26
6*$ Jan. 18
10*$ Jan. 19

2

Mar. 18

Jan.

6*$ Jan. 21
44*$ Jan. 18

2
Mar. 31
Mar. 25

5*$ Mar. 30

Mar. 28
Mar. 8

175$ Jan. 14
37*$ Jan. 21

10*$ Feb.

9

3

28
3
24
26
18
29
Jan. 19
45*$ Feb. 18
35
Feb.
7

33

35$ Mar. 29

10

Feb.
Mar.
Jan.
Jan.
85*$ Mar.

29*$ Mar. 27
7*$ Mar. 2

4

Mar.

13

29

16

22

31*$ Jan. 22

8

Feb.

10
25

Jan. 12
Mar. 30

185$ Jan.

6 115
70
28
18 21*$
Feb.
3
11*$
Jan.
6
8*$
Jan. 27
25$

25

27

32
1

Jan.
Jan.

20*$ Jan.
11

Jan.
Jan.
Mar.
Jan.
Jan.
64*$ Jan.

12
25
12
13 111*$ Mar. 30

Mar. 29

107*$ Jan.
22

10 100*$
125$
65*$
20*$
2J$
25

Mar. 31
Feb. 15
Mar. 29

2*$ Jan.

4

Mar. 29
Mar. 15
Mar. 3
Mar. 4
5*$ Mar. 23
25$ Mar. 4
19
Mar.
1

13
20

Jan

Jan. 25
Feb. 21
Mar. 21

Mar. 26
Mar. 28
Mar. 15

30

Mar. 11
Mar.
1

Jan.

6

5*$ Mar. 23

5

35$
10*$
65$
2*$

50

Sale Prices

8

28

10

:::::

10*
Sale

Mar. 18

2

29

18
5*

9

19

25$ Mar. 11
18

*$ Mar. 16

12

33

Mar. 18
4
15
Mar. 28
15*$ Mar. 2
5*$ Mar. 4
10
Mar. 7
5

37*$ Mar.

23

8

4
3

60

§1* 1?
175$
5 5$
9*$

15

Mar.

ilH

5$

7

Mar. 23

8

2*$ Mar.
Mar.
25*$ Mar.
13
Mar,
25$ Mar.
65
Mar.
18

Mar. 22

Highest

Sale Prices
5
Feb. 17

2

3*$
85*$ Mar. 18
25*$ Mar. 19

i45$

2 5$
Sale
100

12*$ Mar. 10
65*$ Mar. 22
18*8 Mar. 7

Mar. 19

6

3*$

105$ Sale
3*$
5

Corp common.......1

...

15
15

13

10

Mar. 21

25

"25*$ "30""

16*2 Sale
25$
3*$

3

65 Union Metals Mfg Co.......*

37

-----

"28*$

16

2
9

24*$

40

Troxel Manufacturing...... 1

1,315 Upson-Walton
5,570 Van Dora j.ron

2J$ Mar. 25

21

45

.....

43
15
14

10*$ Mar.
14*$ Mar.

40

23
.....

Lowest

Sale Prices
5
Mar.
1
6
Mar.
8

6

65
36

10
31

100

Mar. 29

15

20

46
30

14"" "41"

l\% 'I

S M A

Mar. 31

10

65*$ Mar. 22

85*$ Mar. 18

1,090 Reliance'Jtlec 8c Eng........
4,964 RJchman Bros
870 Seiberllng Rubber..
Preferred
384

Mar. 15

113
114*$ 115
63
63*$ 64

35

578 Packer Corp...............*
949 Patterson-Sargent.
3,100 Peerless Corp..............3
.......

5*$ Mar. 23
8
Mar. 26
9
Mar. 28

a*

25*$

.......*

.

Highest

Sale Prices
5
Mar.
1

100*$ Jan.

114 H 115
68
95
21
25

40

............100

National Tile.

Lowest

31

Mar. 15
Mar. 31 111*$ Mar. 30
109
109
Sale
Sale
Mar. 31
22
22
28*$ Mar. 1
Mar.
2
Sale
Mar. 30
1
H
Sale
Sale
Mar. 29
Mar.
11
1
Mar. 3
13 *$
i0 5$
12*$ 105$ Mar. 25
30
31

"29*$ "39""

100

♦
600 Neotle Le Mur"A"
110 Nineteen Hundred Corp A..*
382 Ohio Brass B
*
28 Ohio Confection..........




6
10 H

"19""
2

"5

25 Miller Wholesale Drag......*
*
305 Monarch Machine Tool Co
190 Murray Ohio Mfg__.........*

value.

10}

15$ Sale*

34*$
*

Interlake SS...

33

1,030
330

Sale

59 *$
110
108
Sale
28

58*$ 61
101*$ 112

....

1,527

55$

Mar

62*

5

Preferred

100 McKay Machine.
*
565 McK.ee iArthur G) B_._...._*
2,072 Medusa Portland Cement...*
419 Metropolitan Paving Brick-.*

3,685

5
10
14

100

624 Kelly Island L AT

1,105

10

6
11
41

1

Ask Bid

15

100
12

100

preferred.
Towing

631 Jaeger Machine...

2,876

Bid

100

Great Lakes

15

""590

5% pref.. .100

141 Hanna (M A) $5 pref
681 Harbauer.

120
73
618
65
410

a Federal

4

5*$
10
10

Ask

1

com

210 Commercial Bookbinding...*

222
13

Mar

1938
Bid

..............

.

2,581 Cleveland Rys.......

947
225

RANGE SINCE JAN.

PRICES IN MARCH
Price

960 Amer Coach 8c Body........*
1,700 Apex Electric 8c Mfg.—
"with proxy"...
465
*
5 Canfleld Oil 7% cum pref 100
1,411 City Ice 8c Puel.
25
Preferred.

1,000

—

Jan, 3

Shares
233 Air-Way El Appl 1st 7% pf 100
802 Akron Brass Mfc common..-*

470

—

_

Jan. 1 to March 31---—-----

CLEVELAND

SALES

STOCK EXCHANGE
In

March

80,146
242,111

1937

1938

Bond Sales

1937

31,360
87,691

4*$ Feb. 28
11
7
3

7

Jan. 14
Feb.
1
Jan. 26
Feb. 23

2*$ Jan.
20
60

Jan.
Jan.

5
25
29

In the earlier part of this

publication complete records of

the dealings

the country, for the latest month and for the calendar
year to
General Quotations we combine in one

date,

are

on

the leading stock exchanges of

furnished.

In this department of

comprehensive whole, securities of all classes and descriptions,

only those dealt in

the

on

exchanges, but also leading unlisted and inactive securities.

not

The following is an

index to the different classes of securities
quoted:
Page

Exchange Seats

Page

......................

83

Joint Stock Land Bank Securities

Federal Land Bank Bonds...............

91

Mining Stocks

Foreign Government Bonds..............

92

Municipal Bonds—Domestic......

111

...

Real Estate Bonds.....

91

Real Estate Trust and Land Stocks

....

Industrial Bonds........................

81

Industrial Stocks.......................

84

Public

Utility Bonds.

Insurance Stocks

99

Public

Utility Stocks.................... 78

.................

Canadian

Investing Companies Securities.......... 72
Quotations for all securities

are as near as

Page
Railroad Stocks.........................

84

...

84

93

Textile Stocks

73

Title Guarantee and Safe Deposit Stocks-

.........

...................

Railroad Bonds...

67

71

..............112

..............

United States Government

—

84

.

84

Securities...... 91

United States Territorial Bonds—.......J

91

possible for the

closing day of the month preceding the date of issue.
F*j- The letter 4T' prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued interest forms part of the price, and
therefore the purchaser does not have to provide for it
separately in making payment. In the case of income bonds and bonds In default, the price Is
always "flat," and no designating mark is employed to indicate the fact,
by

Quotations for equipment bonds
Quotations for guaranteed stocks

are
are

It should be borne in mind in the
cases the

kc

figures are obtained from

Thelfollowing abbreviations

based

on

average

maturities.

"and dividend" that is the accrued dividend must be paid in addition to the
price.

use

of these tables that the quotations for
many inactive and unlisted securities

are

merely nominal, but in all

sources which are considered reliable.

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.
are

The black-faced type in the letters showing the interest period indicates the month when the bonds
mature.

NOTICE—All bond prices

Bid

Bonds

BONDS
Aberdeen & Ashe boro 1st 5s'40J&J /
Adirondack 1st 4349 1942 gu M&S1
Akron & Barb Belt g 4s 1942. J&D
Akron Canton & Youngstown—
Gen & ref 6s 1945 erlesA-A&O /
Gen & ref 5348 1945 ser B.A&O /

are

Mand interest" except where marked "f" and income and defaulted bonds.

Ask

RAILROAD

_

Alabama Great Southern—

Vicksburg Ry—__

75

97
30

35

30

35

100
97
100

108
103

,

lien 6s 1948
J&J/
Gen Income 6s Oct 1948...J&J /
Alabama &

65

lH
75

1st M g 5s 1974 s rleu A—M&N
62
Albany & Susq 334s g 1946—A&O
Alleghany Corp—
48
Coll tr conv 5s 1944—.—F&A
40
Coll & conv 5s 1949——J&D
25
Coll & conv 5s 1950
A&O.
5s stamped 1950
_.A&0 / 18
Allegheny Valgen 4s 1942..M&S
Allegheny & Western—
1st mtge guar 4s 1998-—.A&O
American Refrig Transit-—
4.50
Equip 5 >4s series E 1939—M&N »
4.75
Equip 5s ser P, G & H, *41-'45 b
32 X
Ann Arbor 1st g 4s 1995
Q-JI
Ark & Mem Ry Bridge & Term—<
1st M 5s 1964
M&S
I54"
Aroostook Nor 6s g 1947
A&O
Atchison Topeka & Santa Pe—
100
Gen mtge gold 4s 1995
A&O
8734
Adjustment 4s July 1 1995 Nov
89
Stamped
M&N
Oonv g 4s of '09 due 1955. J&D
Conv g 4b '05 due 1955..J&D
Oonv g 4s of '10 due 1960.J&D
92
Oonv deb 4 34« 1948
.J&D
Trans S L 1st g 4s 1958—J&
102~34
Oal-Ariz lst&ref4 34s'62 opM&S
97
Rocky Mt Div 4s 1965...J&J
Athens Terminal Ry—
.
30
1st g 5o 1937
J&J /
Atl & Birm.
See Seab'd Air Line
Atlanta & Charlotte Air Line—
1st M 434- 1944 ser A
J&J
71
lot M 5s 1944 ser B—.—J&J
Atlanta Knoxville & Northern—

934
4

80
86
52
46

31
20

10334

1946—..J&D
4s Mar 1 2002—M&S

1st cons
Atlanta Terminal 6s 1939...P&A
Atlantic City 1st 4s 1951...J&J
1st 5s ext May 1 1954....M&N
Atlantic Coast Line RR—
1st cons 4s JUiy 1 1952—M&S
Oonv deb 4s 1939 op '16—M&N
Gen onifser A 4Hs 1964—J&D

10-yr coll tr 5s May 1 '45-M&N
Lou •% Nashv 4s Oct 1 *52.M&N

Equipment trust ,4 34s.
Eq4Hs 1939-41 B (yr)—F&A
Atlantic Coast Line (Conn)—
Irred ctfs of Indebt 5s
J&D

bBasis.

1st

95

15

20

1134

1434

A&O

32

102
95

3.50
4.00

80

71
88

64"
49

2.50
2.50
85

80 34

Augusta Union Sta 4s 1953--J&J
Baltimore & Harrisburg Ry—

70

1st M West Ext g 58 1938-M&N
Baltimore & Ohio—

100

1st M 4s g July 1 1948
1st M 5s July 1 1948

A&O

37

A&O
5-yr sec notes 434s 1939--F&A
Conv g 4 J4s 1960
F&A
Ref & gen 5s 1995 series A.J&D
Ref & gen 6s 1995 series C-J&D
Ref & gen 5s 2000 ser D-.M&S
Ref & gen 5s series P 1996.M&S
Eq tr 434s 1938-40 (yr)—.M&N
Eq tr 4J4s *39-'41 C (yr)_.F&A

38
30
1

1st M 5s g Jan 1 1943

100

10034
102
90
97 H

9534
95
95

105 %
104

100

1st ref 5s

10854
104
99 34

Piscat Div g 5s Jan 1943..A&O
St Johns Riv Ext gu 5s '39-F&A
Van Bur Ext 5s g Jan '43.A&0

Washburn Ext 1st 5s '39..F&A
Battle Creek & Sturgis—

104

104

104

J&D
Bay City & Battle Ork 3s '89 J&D

40

48

Bedford Belt 1st 5s 1938
J&J
Beech Ork Ext 3J4s> 1951...A&O

Belt RR & Stk Yds (Indplis)—
1st ref goid 4s 1939
M&N
Belt Ry of Ohatt 1st 5s '45..J&J
Belvidere Del cons 3 34s 1943. J&J

107

104

1st guar g 3s 1989

46
54
80
99 34

10114

77
77
116
100

Equip trust 3 He Dec. 11938-46

2.75

10434
3.75

Birm Term 1st g 4s 1957 gu.M&S
Bluff Point Land & Imp 1st 4s <'40
Boonvllle St L & 9ou 5s '51.P&A
Boston & Albany 5s Oct '63
J&J
5s June 1942........
5s July 1 1938

J&D
J&J
P&A

4 lis Impt 1978

1st mtge 4Hs ser A 1943..A&O
3 Hs Jan 1 1951
J&J
Ref

314s 1952

89

70

95

98

100

75

80

77

27

80
74
74
30
30
30
30

27

30

70
70

5s April 1944

k Last tale.

27
27

n

.....

Nominal.

84"

92

27

5s June 1945
5s Jan 1946—..........

2.75%

10

N Y O..A&O
...

106

85

Boston & Maine (new) 5s Sept '41
4s-5s April 1947

gu

2.25%

60

80

J&J

22

22

2234
4.50

5.25
5.25
21

25

5.00%

nS*
95
10
5

15

87

90

95

98

Con 1st & coll tr 5s g '34—A&O /
Certificates of deposit-;
/
Butte Anaconda & Pac 5s '44 F&A
Cambria & Clearfield—
1st 5s g 1941
J&J
Gen M g 4s 1955--.
F&A
Cambria & Indiana—

15

100
78

J&J

Buffalo Rochester & Pittsburgh—
Con g 434s 1957
M&N
Equip trust 5s 1938
J&D
Buff & Susquehanna RR Corp—
1st 4s Dec 30 1963
J&J
Burl Cedar Rapids & North—
1

24

20

6.00

78
17 34
6.50

60

18

5.50
70

71
81

X8iH
96

99

Canada South 5s 1962 ser A.A&O
Canadian National Ryg—

75

101

Equip tr 234s 1938-1947—M&S

1961

27

Eq tr 534s 1938
M&N
Canada Atl Ry 1st 4s 1955--J&J

Bessemer & Lake Erie-

Big Sandy Ry 1st g 4s 1944..J&D
Birmingham Southern—

M&S
M&N

A&O
Equip trust 334s Dec 1 1938^14
Eq 434s 1938-1943 (yr)
A&O
Equipment trust 5s
Boston & Maine (old)—
4s Aug 1942
P&A
3s July 1950
J&J
Eq tr 6s 1938 (year)
J&D
Boston & N Y Air Line—

Buffalo Creek 1st 5s 1941

30

J&J
J&J

_

Brooklyn & Montauk—
2d (now 1st) glold 5s 1938-J&D

3214
2734

Bangor & Aroostook—
Cons refund g 4s 1951
4s stamped 1951

27
27

Gen mtge ext 6s 1938
J&J15
Boston Term Co 334s 1947—F&A
4s1950
J&J

7.50

Ask

27

...

....

1st mtge gu g 4s 1955
F&A
Bost & Prov deb 5s July 1 1938
Boston Rev Beach & Lynn—
lstm 4 3is Juy 15 1947—J&J15

it*

Refund gold 4s 1941
M&N
8 W Div 1st 5s 1950
J&J
Toledo & Oin Div 4s 1959-J&J

39

10034

65"

J&J

1941

Bid

Bonds
Boston & Maine (new) Concl—
5s May 1943
5s March 1942
5s Jan 1943
5s May 1940
1st m 5s 1967 ser AO
1st m 4s 1955 ser 2
1st m 45is 1961 ser JJ

102

1st mtge gtd g 5s

/This price includes accrued interest.




gu g

91

6s 1947—A&O

mtgegu g 48 1949-.

Aug Term 1st

Ask

Pittsb Lake Erie & W Va—

72

.

1st mtge gold 5s

Bid

Austin & Northwestern—

1st cons g 5s 1943 ser A...J&D
1st cons 4s 1943 ser B——J&D

Prior

20

,

^

Eq trust 5s ser G 1938
A&O
labama Tennessee & Northern—

15

Bonds
Atlantic Coast Line of S O—
Gen 1st g 48 July 1948
J&J
Atl & Danville 1st 4s 1948—J&J
2d g 4s 1948
J&J
Atlantic & Yadkin—

434s
4348
4348

1957
J&J
1951—.......M&S
1956..—
F&A
4 ns guar 1955
J&D 15
40-yr 5s guar 1970
..F&A
5s guar July 1 1969—..—J&J
5s guar Oct 1 1969—..A&O
5s guar 1954
—F&A
16-year guar 3s 1950
J&D
13-year guar 3s 1950—J&D
Guaranteed 3s 1944
..M&N
Guaranteed 2s. 1938
..M&N
7-year guar 2s 1943
F&A
4-year guar 2s 1942
J&J
17-year guar 3s 1953—..F&A
Eq tr 434s 1938-1942 (gu) M&N
Eq tr 434s 1938-45 (ann).J&D
Equipment trust 5s..
Canadian Northern—
B F deb 634* 1946.
J&J
guar

guar

guar

10334
101
101

12134

12134

68

BONDS

RAILROAD

bond prices are "and Interest" except where marked "f" and Income and
Quotations for all securities are as near as possible for the closing day ot the month preceding

NOTICE—All

Cons deben 4s

22 1943-

94 K

perpetual—J&J

73 Vs

77

1940—-M&S

98

1944—-J&d 15
-J&J

95 H

Coll tr 4Ks 1960

96*

88%
100%

M&S
16-yr conv coll tr 4s 1949--J&J
Conv coll tr 3%s 1951-—F&A
Conv coll trust 3s 1945—A&O

91

87 H
87

-

96 %

1941

Eq tr 5s 1944
J&J
111K
Eq tr 4Kb 1938-1945s-a-j&d 6 3.20
Oaro Cent 1st g gu 4s 1949-_J&J /
35K
Oaro Clinch & Ohio 5s 1938-J&D

A—J&d 15
Carthage & Adirondack—
1st mtge guar g 4s 1981
J&D
Catawissa RR g 4s 1948
A&O
1st

cons

08 1 952 ser

Cent Ark & East 1st 5s
Cent Br Un Pac 1st g 4s

1940-J&J
*48_-J&D

Central of Georgia—
1st M g 5s Nov 1 1945
[

i

:

i

98

101

91%
88 K
88%
96%
112%

?&A
M&N
B_ A&O

6.50

.,1st ref 4s

g guar

1st g guar 4s Oct
Guar g 5s 1960

25

22 K
10

18%

35"

tr 5s

Central

b

5.00

1947

JLiUUIO Ok

15
15

59%
63

Guar

.

„

44

Consol gold 5s 1952
M&N
Incinnati Hamilton & Dayton-

102%
102%
100

,

41%
63

55"

87

QQ 3/

1st consol gtd 4s

/

98"

100
98

gold 1993

102%

Gen M 5s ser B 1993

86 K

114%
88 K
88%

io5"

101

100 K
100

101%

notes,

J&J
J&J
J&J
1944————J&J
1945————J&J

100

lOi"

notes.

1946

-J&J

100 K

101%

1941

Equip tr 2s 1939-1947
M&S
Eq tr 2%s 1938-1946
J&D
Eq tr 3s, 1938-1950
A&O
Eq tr 4 Kb '38-'40 (yr)—-A&O
Eq tr 5s 1938 .yr).-„..M&S 15
Craig Valley 1st 5s g 1940-J&J
Grain Elev 1st 4s 1938
A&O
Paint Creek Br 4s 1945
F& A
Potts Creek 4s 1946
J&J
R & A Dlv 1st con g 4s *89-J&J
2d con g 4s 1989
—-J&J
Warm Spr Val 1st 5s g '41-M&S
Chesterf & Lancaster 6s 55.F&A
Chicago & Alton RR—
Refunding g 3s 1949
A&O
Chicago Burlington & Quincy—

2 60

2.75

ft

2.90

6

2.00

6

1.50

107 K

1 sts f 4Kb

10"
16

89%
95%
95%
100%

2.00%

9

83
70

—

15%
„

16%

5.00%
91

70

Chicago lndlanap & LouisvillerH
RerM g 6s 1947 series A—J~Ref M g 5s 1947 series B—J&J
H
Ref M g 4s 1947 series 0_—J&J
1st & gen 58 1966 series A-M&N
1st & gen 6s May '66 ser B-J&J
Monongahela Coal—
Noih urn iuc 5 1955(w-s)
/ 21
Chic Indianapolis & St Louis—
74
Short Line 1st 4s 1953
A&O
Chic June RR 1st 4s 1945—M&S
96 K
Oblc June Ry & Un Stk "ids—
Coll tr ref 5s 1940
A&O
103%
Coll trust ref 4s 1940
A&O
102 K
Chicago Lake Shore & Eastern—
1st M 4Kb 1969 opt 1919.J&D
110%
Oblc Memp & Gulf os 1940—J&J
20
Chic Milw & Gary 1st 5s '48-A&O f
6

OO

1

tTjlTfl

—.

13
12

13

7K
5K
23

98"

6 msis.

7K
2%

/

20 K

6

6~.75~

6

6.75
6 6.75
ft

6.75

3.25
100

29K
104K
100
100

J&J
Rivers

1943

30

A&O
M&S

25"

H) deb 4s *54-J&J
J&J
Deb 4s 1955
A&O
Deb 4s 1956 guar
J&J
Copper Range RR 1st 5s '49.A&0
Cuban Nor Rys 1st 5%s, *42 J&D
Cuba RR 1st g 5s 1952
J&J
7Kb extended to 1946—.—J&D
6s extended to 1946
J&D
Imp & equip 5s 1960
M&N
Danbury & Norw ref 4s 1955.J&J
Dayton Union Ry 1st 4s '49.J&J
Del & Bound Br 3Ks 1955..F&A
Delaware & Hudson—_
1st & ref gold 4s 1943
M&N
Delaware Lackawanna & Western
Equip trust 4s Apr 1 1938-'49—

105K
103 K

112%

IV/
80

1978 ser B.-A&O
Eq tr 4Kb 1938-'42 <yr)__M&N
Equipment trust 5s
Equipment trust 5 Kb

'55—F&A
plan

Assented subject to

24

24%
30%

5.55%

107

112

15"

11%

15 K

8
\lH
IYA

f

13%

Jan 1 I960-An Apr

J&J

Ctfs of dep for gtd 4s 1935. J&J
L»es I'lainos Val 4Kb 1947..M&S

1st lien & ref M

91

5K81938-A&0

80

M&S
J&J
Ga & Ala 5s Oct 1945
J&J
Ga & Ala Term 1st g 5s 1948-J&D
Georgia Carolina & Nor—
Ext at 6% to July 1 1934...
/
Georgia & Florida RR—
1st M 6s 1946 series A
M&N

15"
15

14
3K
3K
5

112
95

27
15

5.50
102

35
35

106"
102
69

Pacific—

96 K
85

J&J

(Mountain and Pralrie)4s 1955
(Lake Superior) 4s 1955
1st 48 Feb 25 '39 Alb gu—M&N
1st 4s Feb 15 '42 Alb gu..M&N
Gen 4s 1962 Can Govt gu—J&J

15

34

1st g gu 4s $ July 1 1950
J&J
Eq tr 5s Dec 14 1938-'43 «yr)_
Grays Pt Term g 5s 1947
J&D

40

44

38 %

32

34

91
97
,

93 K
102 K

Great Northern—

34

33

.

1st & ref g 4 Ha '61 opt
Gen M 5 Kb 1952 ser B
Gen M 5s 1973

30
100

101"

99

30%

32

Gen 4Kb
Gen 4Kb

ser

'41-J&J

4.75

4.25%

J&J
J&J

1976 series D
1977 series E

Gen mtge 4s ser G 1946....J&J
Gen mtge 4s ser H 1946
J&J

4%
4K

5

4K

6%
5.00%

Eq
Eq
Eq
Eq

tr
tr

tr

3%s ser I 1967--J&J
2s 1939-1947
—M&S
4 Ks 1938-1939
M&S
4 Ks 1938-1940 D<yr) J&J
5s 1938 «yr)
..M&S

tr
Western Fruit

.

6.00
6.00
6.00

S.00%
5.00%

9%

10
15

54
95

15

4

98 K

71
71

ny>
64

2.75
1.75
2.00
1.50

<yr)J&D

2.25

Eq tr 4Ks 1938-1940-J&D
Greenbrier Cheat & Elk—

2.50

Eq 5s J'ne lo'38 '39

J&J

W Va Midland Ext 5s

*54.J&J

Greenbr Ry 1st g gu 4s '40-M&N
Green Bay & Western—

Debenture ctfs A

80

78

104K
45

Feb....
Feb

Guantanamo &

3

90

Express—

Debenture ctfs B

57

84

4.50

—J&J
...J&J

C

Gen mtge

ft

3K

Henderson

6K

Western—

J&J

1st M 6s 1958 series A

18

Guayaquil & Quito 1st 5s '32

1995-J&D

37

37

53

J&J2

6

Gulf Mobile & Northern—

1995—J&D

Det & Mack 1st Hen 4s

1st 5K8 1950

ser

B

1st 5s 1950 series O
Gulf & Ship Island RR—
1st ref & term g 5s Feb

—

15

14%
15%

IK
IK

Proof of claim filed

Grand Trunk Western—

J&J

14

14%

J&J

g

2nd Mort. gold 4s

1982

(Nov *32 and May '37 coup)

20

Den Moines & Fort Dodge—

5.50%
5.50%
5.50%

/
/
/

g

con

Inc mtge 6s
1st 4s 1950

30

2%

Proof of claim filed
Amended 1st con 4Kb

1st 58 1944

con

4s 1936
4Kb 1936
Denver & Salt Lake Ry—

24

15

<

■

Gen ref gold 4s 1950
J&J/
1st cons ref 4 Ks '52 opt--M&N

Grand Trunk

Rio Grande—

1st

23 K

69

J&J /

Certificates of deposit
Georgia Fla & Ala 1st 6s '52. F&A
Georgia Midland—
1st g 38 1946
A&O
2.25%
Ga RR & Bkg ref 6s 1951
A&O
4s Jan 1 1947
J&J
J&J
30% Ga Sou & Fla 1st g 5s 1945
Deb 5s 1952
A&O
Eq tr 4Ks 1938-1939s-a_-M&N
109 % Girard Point St'ge 3 Kb '40—A&O
Goshen & Deckert'n 1st 5 Kb 1978
2nd ext 6s 1979
M&N
Gouv & Osw 1st 5s g 1942
J&D
Gr R & Ind 1st 4Kb 1941
J&J
1st 3Ks 1941
J&J
101% Grand River Valley 1st 4s 1959—

105

Ref & lmpt 5s

Denver &

3%

72

Denver & Rio Grande Western—

7%
2%

4

85

-..-J&J

1945

Fonda Johnstown & Gloversv—

1st M 3s 1962

Mar 15 '51.M&8 15
M&S

Consol Rys <N
Deb 4s 1955

if*

/ This price includes accrued Interest.




1944

1st

fr ilK
1 US

66

Connecting Ry <Phila)—

7K

48

Genesee River 6s 1957--.

41

1980.-M&N
1940—F&A

Connecticut & Passumpsic
1st gold 4s 1943
-

30

58 gold 1943—

Galveston Term 6s 1938

B—J&J

Valley—
gold 4s 1948
A&O
)lumbus & Toledo—
1st ext g 4s 1955
F&A
Concord & Olaremont—

Chic Milw St Paul & Pac RR—

/
/

106%

39-'52 M&S

Gen income 5s Aug

27

J&J f
'59-J&D /
M&S /
Certificates of deposit-f
Eq 4Kb '39-'4l H is-a)—M&S
cons

Florida East Coast 4Kb
1st & ref 5s 1974

-

100

Ext

•

87
Eq 4Kb '39-'41 LL (s-a)— M&S
87
Eq tr 4Kb 1938-'43 (s-a)_-M&S
87
Equipment trust 5s
87
Equipment trust 5%s
J&J /
Erie & Jersey s f 6s 1955
Erie & Pittsburgh
Gen gu g 3 Ks ser B 1940—J&J
102 K
3 Ks series C 1940
J&J

Galveston Houston &

RR—

1951

A&O

103

73

1st M gu 48

10*

M&N

106%

Columbus & Hocking

1st 5s

10K

A&O
A&O

—

Fort

B—A&O
1977 Beries O—A&O

General mtge 4%s
Col & Pt Deposit 4s

32*

Certificates of depositDodge Des Moines & Sou—
1st 5s 1938
J&D /
Fort St Un Dep Det 4Ks *41 J&J

99

76

Equip tr 2 %s ser

1953
1953.

Ref & imp M 5s 1967
Ref & lmpt M 5s 1975

100

A—A&O

Conn River gold 4s

6.00

ser

B

J&J
J&J
A—A&O

1996

Prior lien gold 4s

85

Coal Riv Ry 1st 4s gu 1945-J&D
Colorado & Southern—

1st 5s

9

8%
7H

63

60-yr 5s 1975 series A
F&A
Conv adj 5s Jan 2000
A& ~
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989
J&J
Gen g 3 Kb B May 1 1989.J&J
Gen 4Kb May '89 series CLJ&J
Gen 4Kb May '89 ser E
J&J
Gen M 4%b May '89 Ser F J&J
Equip trust 3%s 1939-53A&0
Eq 4Ks'38-"43 E & F <yr).J&J
Eq 4Kb '38-'41 G & H <yr) J&J
Eq tr 5s '38-'4C ser B <yr)_F&A
Eq tr 6%s 1938—...—A&O
Chicago & North Western—
Gen M 3Ksg 1987
&
Gen M gold 4s 1987
M&N
Stmpd non-pay Fed lnctax..
Gen M 5s '87 stpd inc tax.M&N

1981

s

linchfield

15

6

s

f 5 Kb 1972 series
lBt M s f 5s 1973 series

95 K

Equip tr 4Kb "A" 1945—A&C
Chicago & Illinois Midland Rv-

82%

'90 M&N

102%

1st

113"

/

46%
100

1st 4s gold guar 1995
M&N
leveland Union Terminals—

\°oiM

Eq tr 2 Ks 1938-47
A&O
Chicago & Eastern 111 mew co)
Gen M 5s May 1951
M<
/
Certificates of deposit—
f
Chicago & Eastern Illinois—
f

97

leveland Terminal & Valley—

108

100
6 2.75

44 %

106 K

Gen & ref 4

100K
105 K

IV/

1949

108

Ser D 3H8 gen gtd 1950—F&A
Gen & ref 4
,s 1977 ser A.F&A

2.00%
2.00%
1.20%
1.00%

95"
1

58

Ser A 4Kb gen gtd 1942—J&J
Ser B 4Kb gen gtd 1942—A&O
Ser B 3Ks gen gtd 1942—A&O
Ser C 3 Kb gen gtd 1948—M&N

2 00%

6

f

70

leveland & Pittsburgh—

ft

1965

Florida West Sh 5s 1934

Spr & Col Div 48 1st g '40-M&S
White W V Div 1st 4s *40—J&J

102

100 %
100 M

5s stamped

1st g guar 48

104%

Ref & Imp 4Hs ser E 1977-J&J
Cairo Div 1st g 4s 1939
J&J
C W &M Div 1st 4s g '91 —J&J
St L Div 1st col tr g 4s

A&O

1st & ref 5s 1965

Florida Southern—

J&D

4s July

105%
75

J&D

104 K

1942
1943

104
75

-A&O

2862

Florida Central & Peninsula—

108 K

1st cons guar g 4s 1940—F&A
lev Cine Chic & St Louis—

—

5s

—

J&J

104 %

m—

notes,

31"

leveland Akron & Columbus—

General 4s

106K
101

Erie—

1st

92

1957 gu—J&J

Chesapeake & Ohio—
1st cons g 5s 1939- — ——M&N
General 4Kb gold 1992—-M&S
Ref & imtp 3 %s D 1996--M&N
Ref & .nipt 3 Kb ser E 1996 F&A
notes, 1940
J&J
notes,

18

—

101 %
96

1951-J&J

1943

102 K

El Paso & R I 1st gu 58 1 951-J&J
El Paso & Southwestern RR—

Series

,

1st gtd 5s

British

&

Series D

Incinnati Union Term Co—

3.25%

70

A&O

Columbia Ry 4%s 1944—A&O
Elgin Jol & East 5s 1941---M&N

77%

50

1st mtge g 5s series C '57-M&N
1st M 3 Kb ser D 1971
M&N
learfield & Mahoning—

90

75

M&N

Ry of Minnesota—

30

25

-A&O

Eq tr 5s 1938 <yr).

"

M&N

1st extended 5s 1965
East Tenn Va & Georgia—
Consol 1st g 5s 1956

25

1942
M&N
1948—F&A

In Northern RR 1st 4s

j

Eq tr 5s Dec 14 1938 *44 «yT) — b 4.50
88
Char & W Carolina 5s 1940- - A&O
Chatt Rome & Sou 1st 5s '47 J&J /
35

notes,

103%
105%
100%
101%

in N O & Tex Pac Ry—

66

<

103%

East Tenn & Western N C—

74%

'inc & Musk Val 4s

56

RR of South Carolina—

notes,

*

Incinnati Lebanon & Northern—

65

40"

80

M&S

1958

1st 4s

Gen lien gold 4s, 1996
Conv gold 4s 1953 ser

1942
J&D
1965-M&N

?&A

Penn

.

lstmtge3%8 8er E 1963—-J&J
Guaranteed 3 Kb 1951—M&S
hlcago & Western Indiana—
Consol gold guar 4s 1952—J&J
1st & ref M 4%s D 1962—M&S
hoc & Memph 58 1949
J&J
hoctaw Oklahoma & Gulf—

General 58 gold

East

Income

53

50

—--A&O
1963.—J&J

1944.

4s

1st M 4s series D

15

Dutchess Co RR 4Kb 1940.-J&D

Williamsport—
1st 6s 1910 ext at 4% 1950-J&J

1960—M&S

hlcago Union Station—

55

J&J

Duluth South Shore & Atlantic—
1st gold 5s 1937
J&J

Elm Ira

75"

1 *60 opt J&D

Dec 1

lnc mtge 5s

97

105K

Duluth Mlssabe & Iron Range—
1st mortgage 3Ks 1962—A&O

Nor Div 1st g 4s 1948
Edmonton Dub vegan &

61

55

J&D

Dexter & Piscataquis—
1st 4Kb 1949

Eastern

83

80

V

1st 4s 1951

Div

3

In Ind & West 1st 5s

1st ref 6s 1937-1976
Central Vermont Ry—

Chattanooga Sta 4s

M&N

4Kb 1960

conv

A&O
P&A

1942—M&N

ext'd to

22%
22%
4.00%

-J&J

European loan 4s 46 -—M&S /
Central Rli & Banking of Ga—
Coll tr g 5s 1937--.-M&N

Coil

7%
3%

1st & ref g 5s Dec

5K

5.00%
5.00%
5.00%

1987-J&J

1949—
11954

8

5%

hie Terre Haute & Sou«uu«>»

Central of New Jersey-—

(yr)—F&A

6K
5%

6

10

ff .L
M
Oconee Dlv 1st 5s 1945——J&d
Cent New Eng 1st gu 4sl961 J&J ff
2I

47

hlcago Term 1st jet 4s '

6
6.50

18%

14%

4%

50

b

6.75

M&S

Con g 5s June 15 '51 —J&D
Con g 3Ks June 15 '51-J&D
Mem

b

i

7%
9%
4%
6.25%
6.25%

"5%

Trustee ctfs 3Ks

20

r

1st 5s Mar 1 1964J&J
Detroit & Toledo Shore Line—
1st gold guar 4s 1953
J&J

11

-

UlUctftU Ql)

"§"

15%

-

Sec 4Kb 1952 ser A
Sec 4 % ser A certif of dep

7%

ff

1 st guar 4 Ks 1961
M&N
Detroit Toledo & Ironton—

14

Ref g
Certificates of deposit

40

12

15%

23"

15

deposit———
4b 1934 opt to 1911
A&O

100

Eq tr 5s 1938 iyrly)
J&D b 6.50
Chatt Div gold 4s 1951---J&D
Macon & Nor g 5s 1940—J&J
Mid Ga & Atl 1st 5s 1947—J&J
Mobile Dlv g 5s 1946
J&J

Eq tr 4Kb 1938-'4l
Central Pacific—

taxM&N

30-yr

ff

Detroit Term & Tunnel—
.

.

100

Bid

Bonds

Ask

Bid

TT UOUUI U I V/H.

Certificates of

40

Cons gold 5s 1945
Ref & gen 5 %s 1959 ser
Ref & gen 5s 1959 ser O—A&O

Gen M mow 1st) g 5s
Gen M 4s 1987

nui vu

Eq 5s 1938 O <yr)
J&D
Eq 4Kb '38-'42iyr)ser A.M&N
!hic R I & Pac Ry—
General gold 4s 1988
J&J

2.50%

104"

Eqtr4Ks,39-'40serP<yr)M&S
Eq tr 4Kb '38-'40serQ<yr)M&N

:

uk

GenM4Ks'87 stpd inctaxM&N
16-year 6Ks Mar 1936
M&S
1st & ref 5s May 2037
J&D
1st & ref 4Kb May 2037.-J&D
1st & ref 4Kb May 2037 O J&D
<Aonv g 4%s 1949 ser A
M&N

!!M

94

Conv coll tr 6s 1942

Coll trust 2Kb

uiuaftu

GenM4 %s'87 stpd lnc

1954

8f4%s Dec 15

C

97K

20-yr coll tr 4%s
Coll tr 58

Bonds

Ask

Bid

Bonds
Canadian N W 4 %s Oct
Oanadian Pacific—

defaulted bonds
the date of issue

A&O
A&O

'52.J&J

55

Stmpd 'July 1 1933 cpn on).
Gulf Terminal of Mobile—
1st mtge g 4s 1957 gu

* Last sale.

»

Nominal.

J&J

50

69

BONDS

RATLROAD

April, 1938]

interest" except where marked "f" and income and defaulted bonds
near as possible for the closing day of the month preceding the date of issue

NOTICE—AH bond prices are "and

Quotations for all securities are as

Bid

Bonds
Harl

R

Portch—See N

&

Y

Bid

Bonds

Ask

H & Ha rtford.

N

luuj1u

lolft

»

vuwaivvvv

90

fm 1039

106

97 %

1

38

Hocking Valley Ry-

ibblu

6

r&

Holidaysburg Bedford &
1st M g 4s 1951 guar
Holyoke & West 4Mb 1951

1.50
1.75

115M
1.00%

1

Housatonic con 5s 1937-—
Hudson & Manhattan—

If

20
36

12

44%
12%

35

ong

38

>/
)/

,

77%

85
95

35"

38

[

32 M

35

[

40 M

47
40

—II

50

Jt 1st ref M (IC&CSL&
29

29

lb

Eq tr 3s

ser

4.75
b 4.75
b 4.75
b 4.75
b 4.75
76

R 1938-1952.

63

2d

4.00%

] [aeon Dublin &

80

09%

)

r

100

r

104

r

gold

4s

106

J

1950

if
Indianapolis Union—
Ref & imp M 3 Ms ser B 'I
Internal Great North Ry-

—

3

1

/

If
If
b

)

13 H
3
11%
H%
5.50

i

73
77

I

80

>

15
3%
18M
14

5.00%
76

78
85

102%

f
3/

6

5
1M

2%

)/

6

ext at

102 M

J
J

July 1 1967

102
95

99""

97

-

I rank & Cleartleld-

lst

g 4s 1959 guar
Joliet & Northern Inu 4s

1st

93

70

56

1957 J& J
Joplln Union Depot Co—

40

35

45

116

104

>

J

95
104

J

105M

N

of

J

6s

1st

5%

52%

79%
89

97"

99

97%

70"

3§*
12

96"

14

22 %

8/

24

71""

1941-J&J

Minneapolis Northfield&
Southern Ry 1st 6s '41

_

.M&S

1950

Ref & Impt 58 Apr 1 1950Eq tr 5M« 1938 (year)„_:
Eq fcr 38 F Jan 1 1939 43.
Kansas City Terminal Ry—
1st g 4s 1960 opt 1930
Kansas Oklahoma & Gulf—
1st M 5s 1978

lf 55"
lb 2.00*
b

.

J

3.50

104 %

70"
64 %
40

1.25%
2.50%

15%

105%

1st ref 5Ms 1978 ser B
25-year 5Ms 1949

Secured

notes

J

80
mmmmmm

Kentucky & Indiana Term RR
J
1st M 4H® 1961 (sterling) _J&.
Acer int at excb rate 4.8665..

1938—F&A

Eq tr 4s 1938 s-a
J&D15
M St P & SS M & Cent Term Ryf 4e '41op'16. M&N
Minn Terminal 1st 3 Ms '50--J&J
lst Ch Ter

J

5b

85

51

94%
55
55
15

14

15

RR

cons

4s

1951

J

1961.

IIII

Mo-Illinois

95
Plain

95

Mo Kans & Okla 5s 1942

95

99 %

Lake Erie & Western RR-

1959

J&J
J&J
M&S

Missouri-Kansas-Texas RR—
Prior lien 5s 1962 ser A....J&J
ser B
J&J
1978 ser D.J&J
Adj M 5s Jan 1967 ser A..A&0

Ih-ior lien 4s 1962
T

O

mmm*

J

Lake Shore & Mich

RR5s

80

4

7

91%

J

92 M

J

Eq tr 2 Mb 1939-1952

80

Mo Kan & Tex

94

1st

F&A

1M

3

J

104

1st & ref 5s 1977 ser F—M&S
Certificates of deposit

J

85

88" "

\

31

40

Navigation-

1st mtge

5s 1954.
Lehigh Valley—

Certificates of
D

60

J

55

60" "

y

58

62

s'

12

12M

1

10

15

«

16

18

1st 4V4s f
Lehigh vail

J

28

J

41

Lehigh & N

S
)

b Basis.

37 M
59 %

J*
3M

96

4.00

60

11"
29 M
29 %

3.00%

73
25

Conv g 5 Ms 1949 ser A—M&N
Secured 5%s 1937-1956—-J&D

Mo Pac (old)—Gen 4s 1975.M&8
3d 7s ext to July 1938 at

4%

M&N

115

k Last sale

n

Nominal.

11M

fill

85

90

32

40

47

A&O
A&O

A

4754

1st 5s 1954 series B

15

II*
If*

23

Certificates of deposit

1st M 5Ms 1954 series A..A&O
Certificates of deposit

F&A

F&A

23"

29 %

37%
29 M

sg»
5.50

5.00%

_

noM
30
57

58 M

39*

41
45

Ref & impt 5s 2013 O

A&O
10-year 3%b sec s f 1946--A&0
3 Ms conv secured 1952
M&N

Hud Riv—
Ref g 3 Ms July 1 1997—J&J
Deb 4s 1942 tax-exempt--J&J
Ref & ref 4 Ms ser A 2013
A&O

65

68 M

54

55

New York Central &

Si*
78
40

39%
54 M
55 M

62

57 M

—-.M&N

1st 4s ext g 1947-2d ext 5s 1939

3d

mtge 4 Ms

M&s

M&S

1938

99
3.00

2.00%

3.00

2.00%
2 75%
2.75%

3.75

3.75

79 M
32

30
30

12M
3.50%
48 M

Guar g 58 1946
N Y & Har 1st g 3Ms

5~.75~
5.75

5.50

16*
16M
15
3
4

5.50

5.50
4

68M

*

62M

4.60%
4.60%
4.00%

100

100 H

103 M

106

IS*
80

8

96M

75

M&N /
2000—M&N
J&D

15

25
100

N Y & Hob Fy 5s May '46
N Y Lack & Western—

38

1973—M&N
1st & ref 4 Ms 1973 ser B--M&N
New York & Long Branch—

65
91

1st & ref 4s ser A

General gold 4s 1941
General 1st 5s 1941

90

—M&S

NY & NE Bos Ter 4s 1939.

-

M&S
A&O

95

99%

N Y New Haven & Hartford

15

It*
\VA

34M
34 %
28 %

32 %
27 M

N Y & Greenwood Lake

30

10 %
4.25

deposit

1st & ref 5s 1981 ser I
F&A
Certificates of deposit-

44%

f Price Includes accrued Interest,




ser

Equip trust 5s 1939 "40(yr)M&S
Eq tr4Ms *38-'44 F(yr)—M&N

k

99M

17

Deb 6s Jan 15 *48 conv..J&J15

16 H

17!

Deb 4s May 1 1957--- —-M&N
Deb 4s July 1 '55 non-conv J&J
Deb 4s 1956 non-conv
M&N

5M

17j

ls%

Deb

4s

Deb

G—M&N
Certificates of deposit
1st & ref 58 1980 ser H
A&O
1st & ref 5s 1978

ser

98H

9%
5%

17

45

&

~6"

98M

New York & Erie RR—

3

85

48

See Industrial bonds.
Lehigh & Lake Erie 4 Ms '57_M<! S
Lehigh & New England—

Coal

Non-cum inc 5s '35

50

2%
1

(old company)—
gold 48 1990
J&D

Mo Pacific RR (new company)—
1st & ref 5s Jan 1965 A
F&A
Certificates of deposit

Lehlgh

J&J /

Extended at 5% 1940
M&N
Ref & impt 4 Ms 52 ser A
J&J
New Orl Term 1st 4s 1953--J&J

Spuyten Duyvil & Pt Morris—
3 Ms 1959
J&D
N Y Cent equip trusts—
5s 1938-1939
J&D
4 Ms Mar 15 1938-'39 --M&S
4 Ms 1938-1945
M&N
2 Ms Mar 15 1939-1952
N Y Chicago & St Louis—
1st 3 Ms extend 1947—
A&O
3-year 6s Oct 1 1938
Ref 5 Ms 1974 ser A
A&O
Ref 4Ms 1978 ser O
M&S
10-yr coll tr 4s 1946
F&A
Equip tr 4 Ms 1938-'44 (yr)F&A
Equip tr5s 1938 (yr)
F&A
Equip trust 3s July 1 1938-'51
New York Connecting RR—
1st M 4 M* 1953 series A
F&A
1st guar 5s 1953 series B
F&A

Prior Hen 4Mb

South-

95""

3

J&J

-

2032

L S coll tr g 3 Ms 1998
F&A
M C coll tr g 3 Ms 1998—-F&A

40

s

Minn Transfer Ry 3%s 1956-J&O
Missouri Illinois Bridge and Belt

107

5s

31%

25~"
9

Cons mtge 4s 1998 ser A.-F&A
Ref & impt 4 Ms 2013 A—_A&0

35

60 M

cons

deb

65
39M

New York Central RR—

J&J
M&S

cons

ff

New Lon Nor 1st 4s 1940
J&J
New Orleans Great Northern—

53

7%
5M
7%
30%
3M

cons

1st

1st

2M
15

f-

41

gold 4s 1938—...J&J
gold 5s 1938
J&J
5s 1938 gu int
J&J
2d M gold 48 guar 1949—J&J
1st ref 6s 1946 series A——J&J
1st

1938

35

15M

; Minneapolis & St Louis—
1st 7s '27 ext at 6% 1932--J&D f
1st consol gold 5s 1934—M&N

100

~1%

24 M

N J June 1st 4s gu 1986
F&A
N J & N Y 1st ext 5s 1950—M&S

50

Valley— 5s 1943—A&O

.Sept f
Adj M Apr I '53 ser A
Sept
Adj 5s series 3 1953 Sept—.— /
Milwaukee & Northern—
1st ext 4 Ms 1939
——
Con ext 4 Ms 1939
Cons 6s 1913 ext at 4M% to
1934 (1884)
J&D /

1st refdg gold 4s 1949
M&S
Ref & ext 5s Feb *62 ser A.Q-F
Certificates of deposit

22

Kan City Sou—1st g 3s

1951
M&N
New Eng cons 4s 1945 gu
J&J
Consol g 5s July 1 1945
J&J
N Hav & No Ham 4s 1956 guJ&D

receipt No 4 on
Naugatuck 1st 4s 1954

Equip trust 4 Ms
Newport & Cincinnati Bridge—
1st M g 4Mb 1945 guar
J&J
Newport & Richfor Is 5s 1941

1910

Certificates of deposit...—

ff

off.-1951

Assent cash warrant and scrip

1st 5s 1956 series O
1st M 4Mb 1956 series D

Minn St P & Sault Ste Marie—

5/

coupon

2M

1%

New Orleans Texas & Mexico—

A&O

100

84"

J

April 1914

Income

13%

103
98 M

*26 f
4s(Apr 1914 coupon on)

1951

50-year 1st 5s 1983

5% to 1940

Mil&State Line 1st 3M»

Kalamazoo Allegheny &
J
Grand Rapids gtd 5s *38t
Kal & Sou Haven—See Mich
Kalamazoo & White Pigeon RR

con

New Orl & Nor East 6s 1915

70

*

1st

25

35"

,

J& j

of Mexico—

80

M&N

1942—M&N
lidi RR 4% franc bonds
(Foreign series) 1960
J&D

Midland

-

RR

90

Sept 1914 coupon on 1977.M&S
Sept 1914 coupon off 1977 M&s
4s Asst(cash warr & coup) .1977
lichigan Central—
Ref & impt 4 Ms 1979 ser O. J&J
Jackson Lansing & Saginaw
1st 3Ms Sept 1 1951—M&s
1st 5s Kal & S H 1939
M&N
1st Mtge M Air L 4s 1940-. J&J
1st g 4s Jol & N Ind 1957-J&JlO
1st gold 3Ms 1952
M&N

3

scrip receipt No 5 on 1977-

4.00%
4.00%

iexlcan International—

lidland

Jackson Lansing & Saginaw—
See Michigan Central
Jacksonville Terminal—

fL

Assent cash warrant and

4.75

-

Ilddlesex Val 1st 5s

Jacksonviile & Cainesville &

2M

scrip receipt No 4 on 1957-

75

44

1st g gu 5s Nov 1 1959—M&N
ieridian Term 4s *55 guar.M&N

62

J

6c

ft

1957

July 1914 coupon on 1957
July 1914 coupon off 1957

General 5s Jan 1

America)J

2.75%

Prior lien 4 Ms assent cash
warr't & scrip ret No 4 on

•.

93

If
lst M 5s 1956 series B.

Jamestown

48

20
j

65

3.50

4.75

ser--J&J

1st gtd 3 Ms 1941
----J&J '
laryland & Pa 1st g 4s 51-M&S
1st cons a 6s 1963
----A&O

90

61

M&S

84

J&D
I960.J&D

Philippine Govt gu.

Indianapolis & Louisville—

Internat Rys (Central

tit*

60

43

52%

Gtd gen s f 4s (Apr '14 coup on)

109

Indiana Illinois & Iowa—
1st

44

Equipment trust 5s
Equipment trust 5 Ms—-- —
t
a» »oa
tuttvt
ii_

50 M

35"

F&A

82

4s 1939 ext to 1959

Indiana Harbor Belt RR—

35
100

April 1914 coupon off 1977—

coll 4s ser A *45

1st mtge &

25
80

Eq tr 2Mb 1939-1952
Rys of MexicoPrior lien 4 Ms—

National

Indiana Blooniington & W ester n-

A&

76 M

J&J

Conv gen 4Mb ser A
Secured 6s 1959
1st

120

National

92

90

lst ext 4s 1940

85

111M

]

72%
74 %

i

.

104

Savannah—_

1947

1st 5s

115

1st M 48 1978 ser A

80

1.25%
113

102

101

Assent cash warrant and

Ry Joint Monon coll
gold 4s. 1952
J&J
'52 gu J&D

L & N Term 1st g 4s

81%
09%

r

.

Southern

4.25%
4.25%
84

—%.

45

Chattanooga & St L—

Jan 1914 coupon on

60 M

mtge 3s 1980
M&S
Mob & Mont 4Mb 1945—M&S

4.25%
4.25%

i

St Louis Div 3%s g 195]
St Louis Div 3s g 1951.

Nashville

105

Pad & Mem Div 1st 4s

68

M&S
2002—M&S

1st guar g 4s 1991
Consol gold 3 Ms

79

90

1~75~

18 %

Mohawk & Malone—

79%

106 M

99

11%

Montgomery & Erie 1st 5s 1956—
Montour RR 1st 5s 1963
F&A
Morris & Essex 3 Ms 2000
J&d
Constr'n 5s 1955 ser A
M&N
Constr'n 4Ms 1955 ser B.M&N

100 M

75

99

96

Montana Wyoming & Southern—
1st mtge gold 5s 1939——M&s
Montauk Ext 1st 5s 1945
J&J

South East & St Louis Div—

r
r

22

100

1955-M&N
'46.F&A

Atl K & Cin Div 4s

30M

25%
24 M

N O) 5s 1963 ser A
Series O 4Mb 1963
40-year 4 Ms Aug 1 1966.

3.50%

18

104 %

gold 4s 1940
-J&J
1st & ref 5s 2003 ser B
A&O
1st & ref 4Mb 2003 ser C—A&O
1st & ref 4s ser D 2003—A&O
1st & ref 3Ms ser E 2003—A&L
Equipment trust 5s
——

13 M
99

96

Monongahela Ry Co—
1st mtge 4s ser A 1960
M&N
Monongahela Sou 5s 1955---A&0
Gen 6s 1955
A&O

Brid..

Unified

9M

8M
8M

Monon Coal—See Chic Ind & Lou

104

J&J

72%

-

96

Eq 4Mb 1931-41 (yr)—_J&J15
Eq tr 5s 1938 (s-a).
M&S
Eq tr 5s 1939 (year)
J&J
Montgom Div g 5s 1947
F&A

64 %

4.25

/

50

M&S

38

Guaranteed gold 4s 1945—M&S
oulsville & Nashville—

93

Ref g 4s 1955 opt 1918--1
Pur liens 1st g 3Ms 1952--J&Jr

2.00%
3.25%

RR—

1st mtge gold 5s 1946
ouisville & Jeffersonville

91

1951.

P
64

Ask

37

M&S /
M&S

Secured 5s 1938

87

3.00
3.75
36

J&J
J&J

Gen gold 4s. 1938--Ref & impt 4Mb 1977

100 M

1946. _A&t)

1st M gold 5s 1935-------A&O
oulsville Henderson & St Louis—

1M

M
85
77 M

4s

15

73

10

„

_

Mobile & Birmingham—
Prior lien 5s. 1945
Gen M u 4s 1945
Mobile & Ohio—

106

" vuv

ouisiana & North West

4

Illinois Central—

gold

kjf*

Equip trust 3 Ms to

Huntington & Broad Top Mt

1st

"uv

1939 guar
—.J&J /
Dock cons 3%s 1950—A&O

Island—
Unified g 4s. 1949--M&S
Gen mtge gold 4s 1938——J&D
Refunding mtge 4s 1949._M&8
4s stamped 1949
—®®&S
Equip tr 5s 1938-39 (yr)—A&O
Equip tr 4 Ms 1941-45 (yr) -F& A
os Ang-Pac Co ref 4s 1950—J&J
ouisiana & Ark 5s A 1969—-J&j

40""

40

)/

4*/

ong

98

>/

1vul1v

1st gold 4s

1.25%

99 M

104

1

Bid

Bonds

Ask

-

3Mb March 1947

1947

non-conv—-M&8

M&S
Deb 3 Mb 1954 non-conv
A&O
Deb 3 Ms 1956 conv
J&J
15-year secured 6s 1940
A&O
1st & ref 4Mb 1967
J&D
Equip tr 4 Ms Sept 15 1938 to
Mar 15 1945 (s.-a.)..M&S15
Equipt tr 4Mb '38-'46 (yr)_J&J
Equipment trust 5s
Har Rlv & Pt Ches 4s '54 M&N
N Y & N J Ferry 5s 1946
J&J

17M
9%
17

P

II*
13

16

20

11*

13

15M

15%

23 M
17

5.50
5.50

4.75%
4.75%

5.50
64

HbJ°
70
38

70

RAILROAD
NOTICE—All

bond

prices

ere

**«nd

Quotations for all securities are

Bonds

Bid

Ask

New York Ontario & WesternKef 1st g 4s June 1992.—M&S
Gen M g 4s 1955 red..
J&D

6%
4%

6)4

N Y Pennsylvania & Ohio—
....

J&J
F&A
-F&A
Term 1st g 5s 1943
M&N /
N Y Westchester & Bos Ry—
1st Mg4Hs 1946 guar—J&J
Nord Ry s f 6 Ha 1950
A&O

72

58"

1937

8

Norfolk & Oar 1st 5s 1939—A&O
2nd 5s
1946
J&J
Norfolk Southern—
1st & ref g 5s '61 opt *15—F&A

9%
7

90

A*

88

5
90

101

103

9H

Certificates of deposit

8

Norf & South 1st 5s 1941.M&N

14

W*

50

1st gen g 5s 1954 opt
J&J
Norfolk Term 1st gu 4s 1961M&N
Norf Term & Transp 5s '48F&A
Norf & W Ry 1st con 4s '96.A&0

23
103
111

76

5s

,5s 1948

—

cons

lnc 4s 1990

Aprl/

4H

Perkiomen RR
Extended

1st

7
101
52

62%

2.75%
2.50%

97

100

96

98

,

>

))

)

5s

•.

1




>.7.

b

Basis.

100

South & North Alabama—
Gen cons gug 5s 1963

Series A 1977

99 H

60
92

Ral & Gaston 1st 5s g 1947--J&J
Raleigh & S'port Ry 5s '65
J&D
Raritan River 1st g 5s 1939.-J&J
Reading Beit 1st 4s 1950-—M&S
Reading Company—
Jer Cent 4s *51 opt '06
A&O
Gen & ref 4%* 1997 ser A__ J&J
Gen & ref 4Hs 1997 ser B.J&J
Eq 4Ha 1938-'45 (s-a)—M&N
Equipment trust 5s
Philadelphia & Reading RR—
Imp M ext g 4s 1947--A&O
Extended 4%s Oct 1 1943...
Term 5s g gu May 1 *41 Q&F
Rensselaer & Saratoga—
6% g bds May 1 1941
M&N
Rich Fredericksbg & Potomac—
Cons mtge 4 Ha 1940
A&O
Richmond & Mecklenburg—
1st g 4s Nov 1 1948
M&N
Richmond & ^Petersburg—
Cons 4 Ha 1940
A&O

58

62

9%
98%

15

103

104 H

1st Mem Div g 5s 1996
J&J
St Louis Div 1st g 4s 1951-J&J
Mobile & O coll tr 4s '38.M&S

„

104H

110

1st 4s 1995

104
45

30

J&J

65

Spokane Falls & Nor 6s 1939.J&J
Spok Internat 1st g 5s 1955.J&J

102

Ry 4 Ha 1943

3

7%

J&J
J&J
J&

3
34

Stephenvllle Nor & Sou Texas—
1st M guar g 5s 1940
J&J
Sturgis Goshen & St Louis Ry—
1st 3s Dec 1 1989
J&D,

40

Suffolk & Oar con 5s
1952...J&Jj/
Sullivan Co RR 6s 1944
A&O

90

8H

63
10
14
11

80
27

St Johns & L Cham 5s 1944.M&S
St Joseph & Grand Island—
1st gold 4s 1947
J&J

107H

St Lawr & Adirond 5a 1996..J&J
2d gold 6s 1996
A&O

94
91

St Louis City see Pac of Mo
St Louis Iron Mt & 8ou—
Riv & Gulf Divs 4s 1933.M&N

ff

Certificates of deposit..
St L Peo & N W 5s 1948
J&J f
St Louis-San Francisco Ry—

1st M

Prior lien 5s 1950 aeries B.J&J
Certificates of deposit

42 H
...

12

Cons in 4Ha 1978 ser A—M&S
Certificates of deposit stpd—

91
90

40

1st consol gold 5s 1944
F&A
Gen ref s f g 4s 53 opt '10 -J&J
Terre Haute & Peor 5s 1942.M&S

Texarkana & Ft Smith—
1st M 5%s 1950 guar
F&A
Texas City Term 6s 1941 .J&J '26
Texas & New OrleansCons 5s 1943
Texas & Pacific Ry—
1st gold 5s 2000
Gen & ref 5s 1977 ser B
Gen & ref 5s 1979 ser O
Gen & ref 5s 1980 ser D

5.50
5.50

2

104

Salt Lake City Union Depot
and RR 1st 5a 1938
M&N

/ This price includes accrued interest.

J&J

....

Ref &

5%

112H

113"

102 H
100

18l«

69"
80

105
70
71

J&D

70
2.50
3.25
3.25
3.25
3.25

95

imp M 3 %* ser A '60 J&D

Tol Term 1st 4Hs *57 gu
M&N
Tol Walhoudlng Valley & Ohio—
1st g gu 4s 1942 ser O
M&S
Toronto Hamilton & Buffalo—
1st gold 4s June 1 1946
.J&D

106"

Consol M 4Hs 1966

n

ser

Nominal.

75

100 H

A.F&A

Transylvania RR 1st 5s 1956.J&J
Tulsa Un Dep 1st 4H« '59..J&J

95

/(.Last sale,

10

75"

98

110H

37"
30"

102 H

A&O

April 1 1950—A&O

80

Pacific ext 1st 4s £ 1940...J&J

'

St Mary's Div 1st 4s 1951 F&A
Toledo Peoria & Western RR—
1st mtge 4s ser B 1967
J&J
Toledo St Louis & Western—
1st gold 4s

5.50

St Paul East Gr Tr 4 Ha '47—J&J
St Paul & Kansas City Short Line

J&D
A&O

Eq tr 5s 1938-1939
M&N
Eq tr 4Ha 1938-42 (yr)...A&O
Eq tr4Ha 1939-43 (yr)...F&A
Equipment trust 4s
Eq tr 2%s 1938-1952
M&N

9%

.J&D

F&A /

25"
100

4

33
89
25

J&J

Toledo Canada Southern & Det—
1st 4s 1956
...J&J
Toledo & Ohio Central—

26

Eqtr 5Ha 1939 (a-a)
M&S
b
Equipment trust 5s
Equip tr 4 Ha 1938-1945..J&J

7H

95

A&O

Tex Pao-Mo Pac Term RR—
1st M g 5Hs 1964
M&S

1952—_J&J
b

15

98

coup.M&N

Tavares & Gulf 5s A 1935---M&S
Term Rlt Assn
(St Louis)—
1st gold 4Hs 1939
A&O

6H

.

1938

1st g 5s 1953
A&O /
Tampa North 1st 5s '36 opt_J&J "
Tampa Union Sta 5s 1940. .M&N
Tampa Un Term 4-6Hs '53—J&J /

6

Eq 4 Ha 1939-'41 BB (yr)_F&A
Equipment trust 4s
St Loufe Southwestern—
1st g 4a 1989
—M&N
2d g inc 4s Nov 1989—..J&J
....

inc 6s

Berwick RR 5s 1952
Tampa & Gulf Coast—

8H
7H
8%
7%

Prior lien 4s 1950 aeries A. J&J
Certificates of deposit—

6

Sun bury Hazleton & W-B—

14

10

J&J

St Paul Union Depot—
1st & ref 5s 1972

12"
99H

Susquehanna Bloomsburg &

7H
6H
8H

St Clair Mad & St Louis Belt—
Alton Bridge 1st g 4s '51.-J&J

70

17"

J&D

<

35

1st guar 4H8 1934
M&S /
Rock iBland-Frisco Term Ry—
1st M 4 Ha 1957
J&J

1st guar 4 Ha 1941
St Paul Minn & Manitoba—

35

Stark Elec RR 1st 7s 1952...J&D
Staten Isld

100

..J&J
J&J.

107%

35

Spartanburg Union & Columbia—

32 H
11

St Paul & Duluth—
1st consol g 4s 1968

27

29

E Tenn reorg lien 5s 1938 M&S

105H

61%
48%

5.00
5.00
5.00

Eq tr 4 Ha Oct '38-'39 (s-a) A&O
Aiken Branch 4s 1998-:
J&J

Rio Gr West 1st 4s 1939—-_J&J /
1st coll tr 4s 1949 opt
.A&O /
Rock Island Ark & Louisiana—

1st term & unif 5s

78

M&S

106

107%
68%

stamped 1941

Eq tr 5a 1938-39 (s-a)

104H

106 %

4 Ha

2.40

Develop & gen M g 4s '56.A&O
Develop & gen 6s 1956
A&O
Develop & gen 6Hs 1956..A&0
Equipment trust 5 Ha

70

104

4 Ha 1941

2.25

Southern Pacific RR Co.—
1st ref g 4s 1955 opt 1910..J&J

62)

106

con

2.75

Eq 5s 1939 (T(yr)
M&S
Eq 5s 1938-41 D (yr)...A&0
Southern Pacific (Golden Gate
Ferries) 1st 5Hs 1949
A&O

74%
2.50%
2.00%

Richmond-Washington Co—
Coll tr g gu 4s 1943 opt—J&D
Rio Gr June 1st gu 5s 1939..J&D

Rutland

3.00

Stamped (Fed tax) 1955.J&J f
Southern Railway—
1st consol g 5s 1994
J&J

99

Richmond Term 1st 5s 1952.J&J

Rutl Can 1st g gu 4s 1949
4s stamped 1949

31
51
2.75

Pacific Fruit Express—

50

Rio Gr So 1st g 4s 1940
1st g 4s guar 1940

45

II*

4Hs 1969 with warr
_M&N
10-yr secured 3%a 1946..-J&J
Equip 5s 1938-1939 (yr)._M&N
Eq tr 4Ha 1938-40 (yr).".".J&D
Eq tr 4Ha 1938-41 (yr).

106"

3.50
3.00

62

30

-M&S
M&S
M&N

40-year 4 Ha 1968
50-year 4Hs 1981

„

70

111H

Coll tr 4s (OP) Aug 1 '49—J&D
1st 4 Ha (Oregon Lines)

3%

70%

17

A&O

Southern 111 & Mo Bridge Co—
1st Mg 4s 1951
M&N

90

90~"

40

South Indiana 1st g4s 1951—F&A
Southern Pacific Co—

J&J

1931

109%
106%

107
100

4.75%

35"

87

Mortgage 4s Dec 1 1996..J&D
1951—J&J

3Hs

41%

30

99

Gen & ref 5s ser A 1990—J&J

62 H
60

Phlla & Bait Gent 4s 1951—M&N
Phila Bait & Washington—
1st gold 4s 1943
M&N
Gen 4a April 1 1960
A&O
Gen 5s 1974 series B—F&A
Gen M 4)4* 1977 ser O— J&J
Gen 4H« series D 1981..J&D

i

45

80

Somerset Ry 1st & ref 4s '55—J&J
1st M 4s July 2 1950
J&J
South Bound RR 1st 5s 1941 A&O

104

1st

—

2d

41

98 %

M&N

2%

Shrev Bdg & Ter 5s '55
gu
F&A
Sioux City & Pac 3 Ha 1936—F&A

104
87

A&O
Raleigh & Augusta Air Line—

23

75

99%

Prov & Wore 1st 4s 1947

Norwich & Worcester 4 Ha '47M&S
94
Ogdensburg & Lake Ghamplian—
1st guar g 4s 1948
J&J /
8H
4s stamped 1948
J&J/
6%
Ohio Connecting 4s 1943
M&S
106
Ohio Ind & Western 5s 1938
*
Ohio & Little Kanawha5s '5CM&S
35
Old Colony RR 4s 1938
J&J /
12
15
1st M 5 Ms 1944
F&A /
12
15
1st M 5s 1945 series B
J&D /
12
15
1st M 4^s 1950series C...J&J/
12
15
Ore RR & Nav cons 4s 1946.J&D
105
110
Ore Short Line 1st 5s 1946
J&J
111
1st cons guar 5s 1946
...J&J
112)4
114"
Oregon-Wash RR & Nav—
1st & ref g gu 48 '61 opt-.J&J
92
94 %
PacFruit Express—See Sou Pac—
Pac of Mo 1st ex g 4s 1938
84
F&A
71)4
2d ext 5s gold 1938
J&J /
66%
85
Cardelet Br 1st 4)4* 1938-A&O
80
St Louis City real est 5s '38 J&J
75
Paducah & 111 1st 4)4* 1955.J&J
103
Paris-Orleans extl 5Ks 1968 M&S
80
6% franc bonds (foreign series)
red to 1956
J&D /
23
Paterson Extension 5s 1950-J&D /
10
Paulista Ry 1st 7s '42ser AM&S15
60
77
Pennsylvania Company—
28-year secured 4s 1963
F&A
85)4
Gu tr ctfs g 4s 1952
M&N
98
Gu tr ctfs g 3Ms 1941
F&A
101 %
102H
Gu tr ctfs g 3)4* 1942
J&D
101
Gu tr ctfs g 3Hs 1944
J&D
101
Pa & N Y Canal con 5s 1939 A&O
50
60
Cons mtge 4Ha 1939
A&O
50
60 ,
Cons mtge 4s 1939
A&O
50
60
Penn Ohio & Detroit RR—
1st & ref 4%* 1977 ser A..A&O
95H
1st & ref 4 Hs series B 1981
103
Pennsylvania RR—
Con M 4s gold 1943
M&N
107
Con M 4s gold 1948
M&N
106H
107H
Oon M 4s gold 1948 sterling
stamped dollar
..M&N
107
Oon M 4 Hs gold 1960-—F&A
112
Gen g 4Ks 1965
J&D
90
91 )
Gen g 5s Dec 1 1968
J&D
100 H
101 >
Gen M 4^s 1981 ser D...A&O
87
86H
Gen M 4)4* ser E 1984—J&J
85 H
92
Deb 4)4* 1970
A&O
68H
69
Gen M 3 Ms ser O 1970—A&O
79
81
Oonv deb 3 %a 1952
66
A&O
65%
30-yr secured 4s 1938-1964.J&J b 5.25
4.75
Gen equip 5s 1938-39 (yr).A&O b 1.75
1.25
Eq tr 4)4* 1938-39 (yr)—A&O b 1.75
1.25%
Eqtr 4sseries E 1938-1949.J&J b 3.00
2.50%
Eq tr 2^8 ser H '38-'52..M&N b 2.85
2.50%
Pew & East cons 4s 1940..A&O
49 %

37

13

Shamokin Sun bury & Lewisb'g—
2d ext'd 5s 1945
J&J

107 H

Port Reading 1st gu 5s 1941—J&J

24 H

Peoria & Pekin Union Ry—
1st g 5 )4* 1974 series A
F&A
Peoria Ry Ter 4s *37 gu op
J&J /
Pore Marquette Ry—
1st g 5s July 1956 ser A..J&J
1st g 4s July 1956 ser B..J&J
1st 4)4* 1980 ser O
_M&8
Equipment trust 4)4*
b 3.50
Equip trust 2 Ha 1938-46—J&J b 3.25

40

98 %

J&D

6%
5%

F&A

59 H

108

J&D

notes 1931

Seacoast RR prior lien 5s "48. A&O

7

70

60

6.00
5.75

J&D
F&A

1951

18

M&S

A

Seaboard & Roanoke 5s 1931.J&J

5
5

112

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

—

/

J&D
A&O
A&O

Portl (Me) Term gu 4s 1961.J&J
Guar 5s 1961
J&J
Portland & Rumford Falls—

Rqtr 4 Ha 1939-'40 (yr)M&S15 b 2.50
Eq tr 2%* 1939-1947
M&S b 3.25
Eqtr 2%a 1938-1946-.— J&J b 3.25
Nor RRof N Jgen 4^s2000.J&J/
25
No Ry of Gal 5s g gu 1938A&0
North Pennsylvania RR—
Gen g 3 3-10s 1953
J&D
89
Northwestern Terminal RR—

ser

F&A
Atlanta-Birmingham Div—
1st g 4s May! 1933
M&S /
Seab-All Florida Ry—
1st gu 6s 1935 series A
F&A
Certificates of deposit.
/
1st gu 6s 1935 ser B
F&A
Certificates of deposit

§8H

fr

1943..J&J

1st gen 4s series A 1948
1st M 5s 1962 series B
1st gen 5s 1974 series O
1st 4%* series D 1977

6s 1945

5% secured

106H

Eq tr 3%a Apr 1 1938-1946
Eq tr 2%a 1938-1946
J&D
Pitts Young & Ashtabula—

/
_

120"

104 H

O—J&J

Pitts & West Va Ry—
1st M 4%b 1958 ser A
1st M 4Hs 1959 ser B
1st M 4%b 1960 ser O

cons

Receiver ctfs 2-3 Ha '45

1st g guar s f 5s 1942
J&J
Pitts Va & Char gu 4s 1943.M&N

69 H

1st &

Feb. 17

Pittsb Term RR & Coal—

M 47%
43
B
J&J
56
C
J&J
48
D—J&J
48

An .-Apr

115"
110
97
97

J&D
A&O

Pitts Shawmut & Northern—
1st gold 5s 1949
F&A
Gold 4s Feb 1 1952
F&A
6% receivers' ctfs 1927
F&A

77

Certificates of deposit

F&A
__M&N

Pittsburgh & Shawmut—

Northern Pacific—

1st M 5s 1977

107"

F&A

4 Hs series J 1964
Gen M 5s 1970 ser A
Gen M 5s 1975 ser B
Gen M 4%* 1977 ser

107

P

J&D

M&N k

4s series H 1960
4 %a series I 1963

14

...M&S
110
Schuylkill & Leh 1st 4s '48-M&N
Scioto Val & N E 1st 4s 1989M&N
108"
Seaboard Air Line Ry Co—
1st gold 4s 1950
12
A&O /
Stamped
.A&O "
9H
Adj mtge 5s Oct 1 1949
F&A
Ref gold 4s 1959 opt
A&O
Certificates of deposit

104

1st 8 f g 5s 1959
—
J&D /
Pitts Shenango & Lake Erie—
112
1st gold 5s 1940
A&O

1 '33

Prior lien g 4s Jan 1997-.--Q&J
Gen lien g 3s Jan 2047
Q&F
Ref & imp 4 Ha 2047 ser A.J&J

82

113

114H

April 1933 to Oct 1934,1945-

Ref & imp 6s 2047 ser
Ref & imp 5s 2047 ser
Ref & imp 5s 2047 ser

3%* series E 1949
4s series F 1953
4s series G 1957

Joaquin Val—
1940
A&O

San Fran Terra 1st 4s 1950--A&O
Santa Fe Prescott & Phoenix—

108H
...A&O
Mar 24
M&N k 109
M&N
105%
F&A

4 Ha series C 1942__
4s series D 1945

Biu

1st g 5s 1942

Pitts Bessemer & Lake Erie—
Cons gold 5s 1947
J&J
Pitts Cin Chic & St Louis—
Con g gu 4%* ser A 1940.A&O

Cons 1st g 5s July 1

Apr 1 1935 & sub coups 1945— /
Apr 1938 and subs coupons
/
Ctfs of dep stmpd as to sale of

...

79*

J&O

1966

1st g 58 Oct 1

11A

118

Gen & ref g 4 Ha ser A '74.M&S
Northern Ohio Ry 1st guar 5s—

as to sale of Apr
to Oct 1 1937 coupons

3%a

San Fran & San

J&J'/

121

110H
100H

Norrist'n & Maine 1st 4s '52 M&S
Northern Central—
Gen & ref 5s 1974 ser A
M&S

Stamped

mtae

4%* series B 1942

2d mtge 4H« 1937
Gen mtge. 5s g 1940

Bonds
Salt Lake &
>gden 5s 1934
/
San Antonio & Aransas Pass—
1st guar g 4s 1943
J&J

i

1st p 4s 1937 8 f cpt gu
Piedmont & Northern—
1st

89

Ask

Bid

Bonds

Phlla & Chester Val 4s 1948.A&0
92
Phila Newton & N Y 3s 1942 A&O
90
Phila & Reading RR—See "Readi ng Co."

Philippine Railway—

Prior lien ext 4%s, 1950.-M&S /
N Y Phil & Norf—1st g 4s *39 J&J
100H
100
Income 4s Jan 1 1939
M&N
86
Stock trust ctfs 4s 1948
J&D
N Y Prov & Bos 4s 1942
A&O
94 %
N It & Putnam 1st 4s g 1993. A&O
N Y Short Line 4s 1957
103'
F&A
N Y & Stamford 4s 1958
25
M&N
N Y Susq & Western—

1st refunding 5s

BONDS

Interest" except where mar te<
"f" end Income >nt defaulted bonds
for the closing clay oi the month preceding the date of issue

as near as possible

102 %

US*
76
73

75%

April, 1938]

RAILROAD

71

BONDS

NOTICE—All'bond prices ere "and Interest" except where marked "f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

Bonds and Stocks

Bid

Ask

Union Depot (Oolumbus, Ohio)
Gen 4Hs 1046

J&J

974
1094

35-year 3^s debs 1971—M&N

85

34-year 3 4s debs 1970
A&O
2.70
Eq tr 2§/s ser E 1938-62.-J&J b
Eqtr 4Hs 1938 (yr)
1.50
M&N b
Eq 4Hs Sept 15 ^-^.MASIS b
1.75
Union RR (Penn) 1st 5s '46-M&S
110
Deb 6s 1946
M&S
Union Terminal Co (Dallas)-

87 4
2.00%

1.00%
1.00%

cuiy

pref (with $40 warr). 100
% prior conv pref
eny & West (6% guar) .100
wjludou Topoks & Ssntft F0-1OO
5% non-cum pref
—100
,y

109"

100

►n—100

104

75
105
105

108
108

I——50

American shares partlc

pref.
O)—100
_

100

8lH

Unstamped—
class A
1st pref 5
class B
1st pref 8
1st pref 7
class C
1st pref 10% class D
1st pref 4 4 % class E

20

W*

14

764
22

preferred---—100
prior preferred.
100

non-cum

85

80

b
b

Wabash Railroad Co—
1st gold 5s 1939

M&N /
F&A f
1939.J&J
1st lien term gold 4s 1954. J&J f
Ref & gen 54s 1975 A-JM&S
Certificates of deposit
Equipment trust 54b
Equipment trust 5s
Eq tr 44s 1938-43 (yr)—A&O
Det & Chic ext 1st g 5s '41-J&J /
2d gold 5s 1939—
Deb mtge 6s series B

99 4

2.00
1.75

42 4
244

1004
1.25%
1.25%

454
284

45"
6jf*

74

5

24

1
1
1

T
6

74

14
14
24
14
14

24
24

70

7

74

O

17

20

39

50

5

"74

100

100

40

100

4% non-cum preferred

64

31*
24

834
45

"14

14
4
24

"6"

4

40

100
100

1

14

14

Cin New Orl & Texas Pacific. .100

91

4
4
4
24
4
14

200

220

100

110

112

5% non-cum preferred
100
Chicago & North Western.__.100
7% non-cum preferred
100
Chic R I & Pacific common.—100
7% preferred
6% preferred

101
106

llo"

Preferred

.1

78
55

40

-50

69

Cin Union Term 5% pref
100
Cleve Cine Chicago & St L—-100

104

6%

5%

preferred

non-cum

non-cum

preferred—.—100
7%-50
-50

Cleve & Pitts (gu Pa RR)

61H
3.25

3.25

694
754
2.50%
2.50%
102

Special

17

1946

———.If

15K

16

Equipment trust 5s

6
J&D b

6.00

4.50%
4.50%

4%

4% 1st non-cum preferred..100
4% 2d non-cum preferred-.100
Columbus & Xenia (guar)
50

100

Passumpslc pref

65

39

com

7

44
75

5

Eq tr 54b 1938 (yr)
24s trustees ctfs Dec. 1 1938—
Western Pocahontas Wis 1945—

95

Preferred (guar C H & D)_. 50
Delaware & Bound Br (guar) .100
Delaware & Hudson Co
100

85
150

99

Western Ry of Ala Wis *58—A&O

75

Delaware Lack & Western—

50
25

4

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 Valley—
1st 5s 1980
J&J /
Wichita Falls & Sou 1st 6s *38 J&J /
1st 5s extended 1948
—J&J
Wichita Union Terminal Ry
-

1st g gu

4 4b 1941 opt—-M&N

Wllkes-Barre &

6.00

97

Delaware

1054

1st 4Hs May 1 1938
Willamette Val Southern Ry—
6s 1939
F&A
Wlllmar & Sioux Falls

30"

35

38
..—

44

5

1st guar g 5s 1938
....J&D
Wilmington & Newborn—
1st gold 4s 1947
F&A
Wilmington & Nor 4^s *77—J&D
Gen 5s Aug 1 1982—
F&A
Wilmington Ry Bdge 5s '43.A&0

Winston-Salem Southbound—
1st gold guar 4s I960..
J&J
Winston-Salem Term 5s '66.A&0

J&J /

/
1st & ref 4s 1959
...A&O /
Sup & Dul Div 4s 1936—M&N /
Certificates of deposit—...

Marsh field

&

S'eastern div

100
11

13

100

95"

4

6

64

8

74

4s

1951
M&N
Worcester & Conn Eastern Ry—

424

45 4

1st gold 4Hs 1943
J&J
Yonkers Ry see "P U" bonds—
Yoseralta Vails f g 5s 1936—J&J

44

94
94

•

No

par

value.

Ex-dividend.




( Quotations

represent

44
16 4

Illinois

Ceni/al
-100
Non-cum 6% pref series A.-100
Leased lines (guar)
100

24
34
24
45

100

com

7
5

82"

86

100

65

70

Ogden Mine RR (gu On N J)_100
Old Colony (gu NVNH&H)__100
Oswego & Syrac (gu D L & W) 50

30
3

"5"

30
30

40

Norwich & Worcester pref

Pennsylvania RR
Corp v t c

50

50

-

Pennroad

100

Marquette Ry com
100
5% preferred
100
5% prior preferred..
100
Phila Germ & Norris (guar).. 50
Phila & Trenton (gu Pa RR).100
Piedmont & Northern

*

Pittsburgh Bess & Lake Erie

100

17

65

70

24
124

134

17
15

30

150

100

14

34
314

75

54

5

114

40

100

125

131

100
100
100

62

66

50

14

4

lH
6

14

lps
24
18

80

*

common

100

14

50

20

100

04
54

100
100

...

preferred

Mob & Ohio stk tr ctfs
Southwestern of Ga (guar).

9

24

I

100

15

20

100

60

*

52
5

—100

75

85

114

15

Central
...

Union Pacific—Common—

40
125

100

40

50

3

50

12

34
-

•

95

4%

non-cum

Preferred

&

—.100

Valley RR (N Y) (guar)
100
Vermont & Mass (guar).....100
Vicksb Shrevep & Pac com
100
5% non-cum preferred
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

7

50
131

564

--

Western

Maryland Ry

1st

preferred

4%

non-cum

com

14
50
65
95

38"
43

105
98
1

113

14

4X5H

50^

20

24

50

100

24
30

100

50

40

45

Western Pacific RR

60

37

40

6% non-cum preferred—...100
Wheeling & Lake Erie Ry
100
54 % cum-conv preferred—100

k Last sale.

54

dH
8

Corp....100

/This Includes accrued Interest,

43

80
115

50

100

2d pref

9

40
55

60

Ware River RR
Warren N J (guar D L & W).
West Jersey & Seashore (gu).

13

37

b Basis.

50

100
100

preferred

common

258""

190
46

6% non-cum preferred...
Louis Southwestern
100
5% non-cum preferred
100
Saratoga & Schenectady (gu)-100

Ry

95"

90

St

non-cum

45

90

100
100

...

3

19 4
19

47

14
34
64

.—100
100

$100 face amount,

14

67

70

per

155

100

St Louis-San Francisco Ry

5%

74

145

100
100

Rutland 7% preferred
St Louis Bridge 1st pref

Southern

38

64

100

43

K O St L & Chic—Pref (gu)-100
Kansas City Southern
100

dollars

165

Utica Chen & Susq Val (gu)_100
Utica Clinton & Binghamton.100

31

90

155

160
34

9

60

60

145"

50

obligations....

non-cum

39

78
135

100

Roch & Genesee Val RR
Rome & Clint (gu D & H)

4-2%

42"

100

14% 111 Cent stk ctf 1952—1000
Reading Co
50
4% non-cum 1st pref
50
4% non-cum 2d pref
50
Rensselaer & Saratoga (guar). 100
Rich Fred & Potom—com
100

6% guaranteed
7% guaranteed

130

39
37
74

.

240

122

.......

174
120

50
100

Pitts Cin Chic & St Louis
Pitts Ft W & Chic com (gu)

16

20

210

50

Preferred

Tj

24

15

66

50

Lehigh Valley....

14
64

Pere

14

100

210

30

preferred

90

100

115

non-cum

144
14

1
100

Peoria & Bureau Val (guar)
Peoria & Eastern

'

35

(gu).100

—-100

4%

80

64

preferred

234
24

85"

75"

100
Erie)_100
North Pennsylv (gu P & R)
50

United N J RR & Canal

Jollet & Chic (guar O & A)
100
Kal Allegan & Gr Rap (gu)..100

5% preferred

145

1014

110

4

50

in
hH
1?*

_♦

135^
100^

Ry
100
pref—100

non-cum

100
Troy & Gr'bush (gu NYC).. 50
Tunnel RR of St Louis
100

134

3if

&

Texas & Pacific Ry

10

53

24

100

Preferred

52

167

Stk tr ctfs—See RR Securs Co

Internat Rys (Cent Am)

4

84

100

No Carolina (guar Sou RR)__100
Northern Cent (guar Pa RR)_ 50
North'n N H (guar B & M)
100

Tennessee

63

45

160

40

10

123

2

Preferred
Little Miami original guar...
Spec guar betterment stk..
Lit Schu.vlNavRR& Coal (gu)

%

(gu)

100

Lackawanna RR of N J

84

14
112

Sharon

6% preferred
100
Hudson & Manhattan.—..—100
5% non-cum preferred
—-100

11
12

12

103

54

*

Southern Pacific Co

90

109"

7

100
50

58

J*

2

14

100

com

40

58

105

1

6 % preferred series A
N Y & Harlem

Seaboard Air Line

27/
2\
35

95

N Y Chic & St Louis com

36
53

4% non-cum 1st preferred--100
4% non-cum 2d preferred-.100
Erie & Kalamazoo (guar)
50
Erie & Pitts (guar Pa RR)— 50
Ft Wayne & Jack pref (guar).100
Georgia RR & Bank Co (gu)-l00
Great Northern Ry—
Iron Ore Prop trust ctfs
.*—*
Preferred (capital stock.
*
Green Bay & Western
100

4

100

63*

preferred

84

100

New Orl Texas & Mexico
New York Central RR

63*

non-cum

Gulf Mobile & Northern com.100

84
64

14
38

34

43

8

100

2d preferred

38

33

46

41

Unstamped
Nashv Chatt & St Louis
National Rys of Mexico

—100
50
50
Preferred (guar Nor Cent). 50

6%

East Penna (guar P & R)
Elmira & W'msport (guar)—

104

105
108

36

74

100

Duluth South Shore & At!

2|*

Wllkes-Barre & Scranton Ry—

Wisconsin Central Ry—
1st gen g 4s 1949
Certificates of deposit

non-cum

Erie—Common

J&D

74

Detroit & Mackinac

Eastern—

1st guar g 5s 1942

6% pref.100
(guar)-—100
Ry
..100
preferred
100

Detroit Hills & S W

5%

107

90

160

Denv & Rio Gr West

108"
1044

274

Dividend

36*

32

1

1*4

44

Original

3

24

50

(guar)

6

34
54
34
100
70

5

30

Prov & Worcester (guar)
Railroad Securities Co—

102

60"
35

Consol Rys of Cuba 6% pref.100
Cuba RR 6% non-cum pref. .100

Dayton & Mich

72

145

100

Colorado & Southern

Conn &

16

guar

?!

20

7% pref (guar Pa RR)-.
Pittsburgh & Lake Erie
Pittsburgh & West Virginia
Pitts Youngs & Ashta 7% pref
Portland & Ogdensburg

Cincinnati Sandusky & Cleveland

49"

14

Paterson & Hudson River..

1

4
14
4
24

Common

70"

100

Northern Pacific Ry
North RR of N J (guar

Chic Milw St P & Pacific-

5

'4

25

Adjust 4%

54

54
274
234
654

6% preferred
100
Chicago Great Western com—100
4% preferred
100
Chic Ind & Louisv common.. .100

100

conv

Norfolk Southern
Norfolk & Western

18

Preferred series A

$

♦

100

com

7% conv preferred
N Y Ontario & Western

14

Chicago Burl & Quincy

100

48

J*

Chic & East Illinois common.100

...100
-

com

1st 4% non-cum pref

41

50

37

2d 5% non-cum o «ferred—100
New London Northern
100
New Orleans Great Northern-100

36

W).30
100
-*
Chesapeake & Ohio common—25

45

33

100

1

41

91^

K

2

67

(gu D L &
Central of New Jersey
Chesapeake Corp

8
41

Nashville & Decatur—

1?*

63

87
55
51

West Virginia & Pittsburgh
1st g 8 f 4s 1990—
A&O
West Fruit Exp—See Gr Nor
1st & ref 5&s 1977 ser A—J&J
Equipment trust 4 Ms
Equipment trust 5s
lb
West N Y & Penna 4s 1943. A&OI
Western Pacific RR Corp—
1st M 5s 1946 series A
M&S /

-100
-25

15"

50

Mobile & Ohio—See Southern Ry
Morris & Essex (guar)
50

21"

llH

5%

850""

1

50

preferred
Mobile & Birmingham—
4% non-cum preferred

6
30

36

80

64

29

44

unstmp—100

87

35

4
54

Catawissa RR—1st pref (guar) .50
2d pref (guar P & R) — ----50

Car Cllnchfield & O

80

Q-Mar

Western Maryland 4s 1952.A&0

—

Canada Southern

87" Cayuga & Susq

Washington Central Ry—

J&J

5% class A
-.100
8% class B
100
7% class O
100
10% class D_ —-100
4M% class E_—100
6% non-cum pref stamped. .100
Bost & Prov (guar Old Col)—100
Camden & Burl Co (guar)
.25
pref
pref
pref
pref
pref

80

1939—J&J/

Washington Co Ry 1st g guar
34s Jan 1954 opt 1924
J&J
Wash & Frankl Ry 1st 5s '39. J&J
Wash Term Co—34s 1945—F&A
1st gold 4s 1945 guar
F&A
Washington & Vandemere—
1st Wis 1947
F&A

1st
1st
1st
1st
1st

Canadian Pacific

Toledo & Chic 4s g 1941—M&S /
Omaha Div. lst3H8g'41_A&0/

Wabash Railway Co—
Ref & gen 5s 1976 ser B—F&A
Certificates of deposit
Ref & gen Wis 1978 ser O.A&O
Certificates of deposit
Ref & gen 5s 1980 ser D—A&O /
Certificates of deposit
/
Warren 1st ref k 34s 2000—F&A

100

Common—

894
54%

t

4

2$

Mar

50
50
100
100
100

7% preferred series A

Stamped—

Virginian Ry—
1st lien & ref 3^s A

100
100

700

4% leased line ctfs

Mississippi Central

16

60

100

32

450
49

12*

-.100

.......100

Mill Creek & Minehill NavigMinehill & Schuyl Hav (gu) —

Missouri Pacific

85

325
43

5<»
50
100

Midd) .nil Valley common
Preferred

Mo-Kan-Texas RR

Ask

S*

20

Minneapolis & St Louis
Minneapolis St P & S S M
7 % non-cum preferred

30

100
100
100

—

75
20

M&N

5s

(guar N Y

Boston & Maine common

ref & impt 5s 1973
M&N
Va & Southwest 5s 2003.—-J&J
1st cons g 5s 1958
A&O

Assented

—199

5% conv preferred

85

1st 4s 2361

444

100

4% non-cum pref.

^oston & Alb

*40—M&N

West Shore

23

50

M&N

1948

J*
75
110

113

So*

Des M Div 1st g 4s

5% preferred
Valley
Michigan Central

Massiwppa

40

A—F&A

1966.M&8
Eq tr 4 4s 1938-1940 (yr)--J&J
Eqtr 5s 1938 (yr)——. M&N

224

109

Cash war & scrip ret No. 5 on
Vermont Vail 1st 4 4s 1940--A&O
Vlcksburg Bridge & Term Co—
1st M s f 6s 1958
M&S /
Debenture s f 7s 1948
M&S /
Vlcksburg Shreveport & Pacific
Pr lien 08 '15 ext 5%
Gen 5s May 1 1941

74
30

100

Pref igunr L S & M 8)
M ilne Central

4
64
54
5H

19

113

1st guar 4 4b assented—

1

Mahoning Coal RK._

25

July 1914 coupon—J&J1934
July 1914'coupon off
J&J

Mar

59

110

95

Vera Cruz & Pacific RR—
1st guar 44s unassented—

4s

Lykens Valley RR & Coal

pref (with $30 warr) .100
pref (without warr)—100

___

Cons g 4s 1955 series
Series B 1957

1st

Louisville & Nashville

58

95
ij

39

54

55

108
98
112
90

35

66

108

70

.50

98

mtge 3 4s 1967

Bid

.50

114

United N J RR & Canal Co—
1st 44b Sept 1 1979
M&S
General gold 4s 1944—
M&S
1st 4s Sept 1 1948
M&S
1st 4^s Feb 1 1973
F&A
Gen 1st g3Hs 1951
M&S
Utica Clin & Blng 5s 1939—- J&J
Vandalia RR—

Par

pref (guar»..100

S Locks

Ask

Louis & M'» Rlv

Preferred.

1074

Bid

STOCKS

102

Union Pacific—
1st ry & land gr 4s g 1947—J&J
1st & ref 48 June 2008
M&S
1st & ref 68 June 2 2008
M&S

1st

Par

Stocks
RAILROAD

14
60

ig
105
75

* Nominal.

,

NOTICE—All

bond

prices

are

Quotations for all securities

Stocks and Bonds

Par

Bid

"and interest'* except

are as near

Ask

as

where marked *'f'

Stocks and Bonds

Bid

Par

share

Administered Fund 2d Inc.——-*
Affiliated Fund com
125
Sec cony deb 5s 1944-47—-J&J
Air Investors Inc

9.30

3.52

Per

Convertible preferred-—-*
Warrants

12 M

5ae

—-

Aldred Invest Trust (Mass)—
Deb 4Mb with com shs 1967—-

43

26.62

22%
2%

25%
3%

Fidelity Fund. Inc
"♦ret Boston Corp

*
10

14.45

15.58

9%

10 M

10c

2.10

2.33

10c
40

2.62

2.96

Deb 4Mb with

shs 1968—

com

6.53

20

4.99

Foreign Bond Associates Inc— 10c
Foreign Power Secur Corp—

5.78

53
1 %
7

com
.-*
Allied Int Investing Corp com—*
S3 convertible preferred-*

Feb

9H

Amer Bankstocks Corp———*
Amor British & Cont Com----*
86 preferred
---*

1st coll tr

National
Common with warrants

Common

Class A

19

General

17M
1M

6 preferred w w
)eb 5s Feb 1 1952 without
General Capital Corp

American European Secur
Coll tr s f 5s 1958 ser A
68 series B 1958
American General Corp

7
2«

,__*

5*4

J&J
M&N
10c

99
99

J7/»
23%

—-—

$2 % preferred
———1
$3 preferred
1
Amer General Equities Ins—25c
Amerex Holding Corp
—— *
Amer Insuranstocks Corp
—*

28

32
59c

16%

Class B

ware

100

Gen'l Realty & Utilities

1
*

73

__*

34

6% preferred w w
—-100
6% preferred ex-warr
—100
10-year deb 3s 1946--—--J&D
Associated Stand. Oil Shs
2

80

Associates Investment Co

5%

-

Bullock Fund Ltd

1

Canadian lnternat Inv Trust—
5s series A 1959
A&O

Canadian Invest. Fund. Ltd
1
Canadian Pow & Pap Invest Ltd—

Deb 5s8erie8 A 1958
F&A
Capital Administration cl A

Class B

18

26 M

sF

11.67

12.48

23c'
18.62

38c
19.91

9M

10 %

10

94

97

3.05

3.4C
79

4%

10

45

*

75

Cent-Illinois Securities Corp—_1
$1.50 conv preferred
*
Cent Invest Corp 4-6s '67—A&O
Nat Corp class A
*
Class B

Central

Central States Elec Corp

1

7% preferred

100
100
100
100

-

Conv preferred
Conv pref series of 1929

6% cum preferred
Century Shares-Trust
Chicago Corporation

%

5%
89
34
5

8*«
10
3

4%

—*

18.89

*

1%

Convertible preferred-——
*
Christiana Securities com—.100
Preferred
—100
—

City InvestingCo

1530"
129

--.100

60

Cleve Securities 4-6s to 1943.J&J

50

Commercial Credit

10

common

4M% conv preferred
3*4% debentures 1951
2 %% debentures 1942

100
A&O

J&D

Commercial Invest Trust
__*
$4.25 conv preferred
*
Debenture 3 Ms 1951
J&J
Commonwealth Investment
1
Commonwealth Secure common. 1
Preferred
1
Consolidated Invest Trust com. 1
Warrants

Continental Secur Corp com
6% preferred

*
100

Debenture 5s May 1 1942
Continental Shares com
*
6% preferred
100
Corp Secure 5% notes 1935.M&S
Corporate Trust shares old ser—1
.

AA
AA

(modified)
AOC (modified)

Orum & Form

er

Inc

-

com

-

8% preferred

10
-.100

Orum & Forster Insursh B

7% cum preferred
Cumulative Trust Shares
Deposit ed Bank Shs N Y
Deposited Insur Shs
Seriei

10

23*4
102%
95%
100%
95*4
103

2.67

%
17
25 %
20c
3

22

ser

A

B

—

4%
5%

—

Dividend Shares
25c
Domestic & ForeignIn5Hs47F&A
Kas Util Invest Deb5s 1954 M&S 15
Eaton &

Fund A-l

Elec Shareholdings Corp com—1

$6

conv

*

y

pref with

ware

No par value

Ex-stock dividend.




*

♦
*

H

4^
1

*

29"

1948

Holding Corp.

Hydro F.lec Sec

88c

3*

60c

3

*

com

preferred
100
Incorporated Investors
-*
Independence Trust Shares
*
Institutional Securities Ltd—
Bank Group shares

4

94

14.02
1.87

23"

Insull Utility Invest—
Deb g 5s Jan 1949
—F&A
Deb g 6s 1940 B with war.-J&J

3%

Insuransbares Co of Delaware.. 1
Insuranshares (Md) ctfs Inc.—1
International Holdings & Inv
*
lnternat'I Secur Corp Amer—
0% preferred
100
6% preferred
100
Interstate Equity common—)
—

If*

$3 convertible pref A
•
Investment Bond & Share—
5s series A 1947
J&D

Investment Co of Amer
10
Investors Fund of Amer Series 01
Investors Royalty--—1

31

%

7.22

J.

.25

7.67

%

20

Keystone Custodian Fund
Series B-2
Series B-3—
Series K-l

17.42
10.70
10.64
6.29

25

35

1%
100

Marine Midland Corp
5
Maryland Fund Inc
10c
Massachusetts Investors Trust-.1
Mutual Investment Trust
10
Bond &

Corp (Calif)
10
Pacific Investing Deb 5s 1948J&J
Pacific Southern Invest
pref
*

9
82

84

24

26

Class A

Invest com..

10

5*4
4.77
16.52

8.83
11

40

75

36
1.65

$5 50 preferred
1
Nat Rep Invest Trust Conv pref*
Nat Trust Shares Remodified.
1

42

25c

3.90

5%
4>

2.2
91c

1

1.75
4.15

~6
5

2.33
1.02

*

preferred

100
100

New

9.32

i*
6.18

stocks

5.14

Electrical equipment

5.07
7.12
5.52

——————

Oils
Railroad equipment
stocks

B

$6

common

cum

—

preferred—

5

.100

North American Bond Trust Ctfe.

t Called for payment April 27 at $30 plus div.

6.13
6.91
4.59
5.38

Niagara Share Corp (Md)—
Conv deb 5%a 1950
M&N

e

Ex-coupons.

10.02

Pub Util

82 M

6%

x\%
3%
80

8.11
8
100 %

1

8

9.03
102
Mar 24

20*

♦

6.70
17c

7.20

48"

46

Common stock
]
$6 preferred
*
Royalties Management A——-1
Schoellkopf Button and
Pomeroy Inc common
10t
Second Carey Trust

%

-

60

308"

50c

%

1%

58

65

)

2.35

1

Corp Com

$5 conv preferred
Securities Co of New Jersey—

34%

2.42
35

98
1

Securities Corp General com_-_*
$6 preferred
*

1%

7.52

2%
—1
———*

55
8.20

3.04

%
47

*
6

—

100

50

-

$5.50 prior stock-—Conv preferred
Allotment certificates
Shawmut Association

Mar

Mar 29
8

6*

*

A 10c

Representative Trust Shares—. 10
Republic Investors Fund
25c
Reynolds Invest 5s 1948—-A&O

Selected Amer Shares Inc
Selected Income Shares
Selected Industries com

4%
94

98

Conv coll 4 Ms ser "11" '55 A&O

com

IH

95

*

Railway & Util Invest A
Preferred..

75
33c

28c

10c

Sec 7% preferred

12

35

-.100

Quarterly Income Shares.10c
5% deb series A 1942
M&N
Railway & Light Securities com *

"*%
50

5

6

47

-

50

9

*
Shawmut Bank Inv Trust—
4Mb Mar 1 1942
M&S
5s March 1 1952--M&S
—

70
70

Solvay Amer Corp 5%% prf—100
Sovereign Invest. Inc., com—10c
Spanish & Gen Corp Ltd—
Am dep rets ord
reg
—£1

111
51c

Amer dep rets ord bearer
£1
Spencer Trask Fund Inc
■Standard Amer Trust
Shares--—1
Standard Investing
Corp com--*
$5.50 preferred w w—
*
Deb 5%s 1939
F&A 15

12.
1.95

9M
75
75
113
57c

».S
2.25

iff

5%
55

Standard Utilities Inc
50c
State St Investment
Corp.——.*

62

31c
63

33c
66 M

*

50c

Suburban Elec. Securities
$4 cum 2d preferred

-

*

-

2'.37

Su^Coij of Amer class A—12
Class

1

3

4.04
4.04

2

Supervised Shares
—III
Third National
Investors.--—11
Tri-Continental Corp
♦
6% cum preferred
*
Warrants
--—

5s conv

deb 1953
_I" J&j
Trusteed Amer Bank Shares B
25c
Trusteed
Industry Shares
25<Trustee N Y Bank Shares
50c
Trustee Stand Invest ser CL—
1
Class D

7.16

s20*
103%
52c
67c
95c

——

common"

1

3%
92%
1

45c

m
63c

65

4%

•

S. & International
Sec.IIIII•
pref with warrants
—•

Utility Equities Corp.—--——5

3l*

7

?&
75c
10%
1.33
71c
5

74

42*

1st

Utility & Industrial Corp.——5
Convertible preferred
7
Wellington Fund-Western Reserve Investing—
Deb 5%b 1944
—-F&A
Wisconsin Bankshares———— *

5
94

2

Voting shares
S &
Foreign Securities com—*

Conv preferred

58c

76c
1.05

4.60

*

$6 1 st preferred.....
U.

105]

5.35

Conv deb 5s 1946
M&S
UnkedN Y Bank Shares
C3—..»
United N Y Trust Shares
ser F—*
U S Banking
Corp
•
U S Elec Light & Pow
tr ctf A—_

U

7.78

19]
2]
85]

1.80
1.76

If

Trustee Standard Oil shares "All
1
Series B
Union Investment

51"

1.55
2.49
1.55

3

B_.~ —IIII—
——II"

Class BB
Class C_.

2%

6.67
7.03
5.58
5.51
7.71
5.99
6.65
7.48
4.99
5.84

10

*

-

Reliance lnternat Corp
Preferred

75
75

5

-

Trust ctfs series B

H

6.49

Steel

-

Prudential Investors
*
$6 preferred
*
Pub Util Investing 5s "1948.A&O

39

1st

1948

-

m
15.57
8.08

5% preferred ser A w w
100
Nat Bond & Share Corp
*
National Investors
-----—.1
New common
1

2d preferred
York Stocks, Inc.—

1

Class D

1st 5 Ms series B 1940
M&S
Major Shares Corp
*
Manufacturers Finance (Bait)'
S f coll 4 Ms series A 1942.A&O

National

70
70

3*4

Lawyers Mtge Inv (Boston)

11.72
11.61

U%

»V/s

M&N
A&O

Deb 5s April
Pacific Finance

3.26

2%

10

6.89
10.78

3.02

Series S-4

18.99

9.85

K-2_----------------

eTies 8-2

Larkins Ware Trust

84

*

2M
87
87

•11

-,

34

Machinery
Metals.

1%
07%

27

50

Insurance

15.60

4%
1%
3%

16*

Building supplies

101

1.08

3

Bank

1.02
25

1.97

100

.98

Agricultural

4.50

t

k

90

Insurance Group Shares

Voting shares
England Fund

22

15.07

"6"

84

1%

6s series 4 Nov 1942

1st

Preferred

%
5

Second Nat Inv

30c

New

Howard Management

Economic Inv Tr Ltd 5sA'57M&N

Huron

.89

80c
1

New York Investors common

1
1
1

1
2.50

47c

-

Nation Wide Securities Co

Diversified Trustee Shares
C sharesD shares

83c

—-

60
8c

*

A

89c

.81

Guardian Investors com
$6 1st preferred
$3 2nd preferred
$7 preferred
Debenture 5s series A

k

100
ser

70c

—

Steel Shares
Tobacco Shares

Series

1
1
1
1

Accumulative series.-..

63c

Illuminating & Power Securities—

—

$3 cum pref series A
Carey Trust

91c
49c

-

3^
2.0$
10

61c
96c
1.00
70c
55c
77c
98c
91c
53c

87c

—

—

Merchandising Shares
Mining Shares
Petroleum Shares
Railroad Equipment Shares

40

.93

55c

Investing shares

9f%

-

Boston Fund Inc
Boston Personal Prop Trust-—*
British Type Investors
1
Broad St. Invest Co Inc
6

3%

.85

-

Food Shares

Atlantic Secur 4Hs A 1953.A&0
Atlas Corporation common
5

6% preferred
60
Option warrantsBancamerica-Blair Corp
1
Bankers Nat Investing com
*
Bankers Securities Corp com—5f
6% preferred
——-5(
Basic Industry Shares
-10
Blue Ridge Corp common
1
83 conv preferred
100

-

7

1 ft

15

2

Group Securities, Inc—
Agricultural Shares
Automobile Shares
Building Shares
Chemical Shares

6

65

72

6%

3%

10

13%

J*
94

104

6

1

60

6

30

5
92

101

1

com

7% conv preferredPlymouth Fund Inc

A&O

Corp 4Mb 1959

1.73

14%

i m

Great Brit & Canada Invest¬
ment

1.97
1.93

1

Class B

1

1

com

1.61

1

Phoenix Sec Corp
———*
$3 conv pref class A
10
Pittsburgh United Corp
25

3.83

25

Debenture 4Mb Feb 1 1947—
Debenture 4Mb Dec 15 1952
Old Colony Trust Assoc
*

05*

Gleneagles Invest 5s June 15 1944

25
25

-

3.52

of*
25

17

10
Com..*

*»2

Greenland Trust

-

45*'

1

m.

$6 pref (with warrants)
*
German Credit & Investment—
Pref allot ctf 25% 1st pref—*

23

7% preferred
8% preferred

28.23

*

—

Investment Corp
$6 preferred
Warrants
General Investors Trust

3%
89

1

Overseas Securities Co
Deb 5s Nov 1 1947
88

Ask
share

20

*

Old Colony Invest Trust

3.20

79

Bid

Par

Per

Preferred
Oklahoma County Trust
Oklahoma Southern Trust

4.50

Investors—*
*

General

4

Amer Investment (III)-——-*
Convertible preferred
—25

♦

American

ana Bonds

Oils & Industries

13.8

3.53

2

-

Stocks

Northwest Bancorporation
*
Ohio Finance conv 5s 1951--F&A
Deb 6 Ms w w 1944
M&N
Common
*

21%

ifK
12
20ii

Fundamental Investors Inc
2
Fundamental Trust Shares Inc—

62

American & Continental Corp—
Amer Elec Sec part lc pref
1

bonds

1958

55
3.20

3.00

1
1

ex-warrants

25
1

defaulted

1953

6.29

45

J&D

-

A—1
Investors—

Fourth

3

and

North Amer Invest
Corp corn. 100
Collateral 4s 1951
J&D
6% preferred
100
5%% preferred
100
North American Trust Shares—

%

ser

*
25

Amer Cities Pr & Lt cl A
Class A opt div ser w w
Class B

-

6s A 1949.

2.86

15

|2 preferred

conv

93

-——10c

S3 preferred.
15 50 prior pref

Fixed Trust Shares series A
Series B

Foundation Trust Shares

Deb g 58 1953
F&A
Amer Business Shares
new
Amer Capital Corp A—-—-10c
Class B

—-

———

Fiscal Fund, Inc.—
Bank stock series

Insurance stock series

Alliance Investment

Ask

25.02

Aldred Investment Corp (Can)—

}

1956

Income

share

equitable Invest Tr (Mass)
6
^nuity Corp common--.-—--10c
$3 fonv preferred
—1
Equity Shares
———1
-

*

v t c

and

possible for the closing day of the month preceding the date of issue

1

£9

Mar

154
39

%

{

10.M

ll.t

102

3%

lj

1

104
4H

83%

3%
4
89M Jan. 22
461

/Flat price.

k Last sale.

n

Nominal.

x

Ex-dividend.

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 preceding the date of issue

Bonds

Bid

Adriatic Electric Oo (Italy)—
Extls f 7s 1952
A&O
Ala Oas Oo 1st M 4 Ms 1951.F&A
Alabama Power 1st 5s 1946-m&S
1st & ref 5s 1951
J&J
1st & ref 5s 1956
M&N
1st & ref 4 Ms 1967
J&D
1st & ref 5s 1968
M&S
Alabama Water Service Oo—
1st M 5s 1957 ser A
J&J
.

r

Allegheny Gas Corp 6Ks ctfs '43
Alliance Power 1st os 1952—M&S
Alton Water 5s 1956
A&O
Altoona & Logan Val Elec Ry—

1st coll 4s Jan 1 1954.—-J&J

.

Amarlllo Gas 6s
1939
Amer Commonwealths Power—
..

Deb
Deb
m

g
g

6s 1952 ser A
5 Ms 1953

78

Atlanta Nor Ry—See Ga Ry & El
Ulanta Wat El & Pr 5s 1943 J&J

104

86

70
84

U1 Beach Bridge 6 Ms

1942—F&A

71H

74

94
17
90
104 M
62 M

Deb g 5s 2030

.M&S

38M

104

68

M
M
M

Elec Ry
A&O /

6

15
24
93

12

1st 4 Ms 1960
—-A&O
Camden & Sub Ry—See P S Oorp
Canada Nor Pow coll 5s '53M&N

27
96

91

Bangor Gas Light 5s 1941—A&O
Bangor Hydro Electric—
1st mtge 3 Ms 1966
—J&J
Barstow (W S) deb 6s 1942—A&O
Baton Rouge Electric Co—
1st mtge 5 Ms 1954
J&D
1st M 5s 1959 ser B
F&A
Bear Mt Hud Riv Bdge Co—-

40
13

91

....

}05M
105

—A&O

1st 7s 1953

30
34

32
36

59M

61

S f income 8s 1953
—A&O /
jar Val Mut Water 5s 195
Beauharnois Power Corp—
Coll trust s f 5s 1973
A&O f

44

46

A&O

34

36

1st 1 5 Ms 1948 ser A—M&N
Deb 6s 1938—.—
J&D
Amer Telep & Teleg—
Deb 5 Ms Nov 1 1943—.M&N
25-year deb 3 lis 1961—A&O

76

100M
35

43""

~javer

Secured deb 3.60-6s 1953—J&D

„

Am Pow & L deb 6s 2016..-M&S
Amer Rys Corp coll 4 Ms '53.A&O

Debenture 4Ms 1963
Amer States Public Serv—

7

113
100 M

113M

J&D

100 M

100 H

5Ms ser A, B & O 1938 ...F&A
5 Ms series D, 1945
—F&A
Amer Util Service 6s 1964—M&N

100 H

30-year deb 3 Ms 1966

■

American Toll

Amer Water Works & Electric—
Deb 6s 1975 ser A
M&N

Deb 5s 1975

100 M

Bridge—
101M
53M

102-M
56M
90

...J&D

80
62

69 M
68 M
6M
Valley Trac 5s 1950.A&O
97 M
Beaver Valley Water 5s '60-M&N
100M
Bell Telephone of Canada—
1st g 5s 1955 ser A
111M
M&S
1st g 5s 1957 ser B
119M
_J&D
122
122 M
1st mtge 5s 1960 ser O
M&N
Bell Telep Co of Pennsylvania—
117
1st & ref 6s 1948 ser B——J&<
116M
1st & ref 5s 1960 ser O
A&O
128M
Bellows Falls Hydro-Elec Corp—
100
1st mtge 5s 1958A&O
68
70
Bergen Turnpike 5s
Berkshire Street Ry30
36
1st extend 6s 1947—
J&D
Berlin City Elect 6Ms 1951—J&D
28M
Sink fund deb 6 Ms 1959--f&A
27
Deb 6s Apr 1,1955
A&O fk 25M Mar 29

ff l!H

82

Ana&Pot R RR-See WashRy&El
Anchorage Lt & Pow 7-5s*43 F&A
Androscoggin & Kennebec Ry

99

im

8

64

.

ser

B

1st 6s 1940

/

M&S

30

....

33

40

Androscoggin W Pow 6s '45.F&A
Appalachian Elec Power—
1st mtge 4s 1963

F&A

S f deb4Ms 1948
Appalachian Power 5s 1941
.

F&A

100

93M

59

J&D

Deb gold

110"

6s 2024
J&J
Ardmore St Ry—See Phila Oo
Arizona Ed 1st 5s 1948
—J&J
1st 6s 1945
A&O

108M
72
83

86

Income 5s 1960
J&J
Income 6s 1960
A&O
Arizona Power 5s 1950—
F&A
1st & ref 4Mb 1950
—F&A
Arkansas El & Wat 6s 1944.F&A
Ark Louisiana Gas 4s 1951.-J&J
Ark & Mo Pow 1st 6s 1953.-J&J
Deb 6 Ms 1935
M&N
1st s f 7s 1953
J&J

25M
27

29

98
94

97

6% notes extended 1938—A&O
Birmingham Water Works Co—
1st m 5Ms 1954 ser A..—A&O

26 m

Corp 5s series A 1957
J&J
Arkansas P & L 1st 5s 1956.A&0
Ark West Gas 1st 5s w w '39. J&J
Ashl'd Home Tel 4 Ms A 1961 A&O
Ashtabula Wat Wks 5s 1958.A&0
Assoc Elect 4Hs 1953
J&J
58 Jan 1 1961
—J&J
Associated Gas & Elec Co—
Oonv deb 5 Ms 1977
F&A
Oonv deb 5s 1965——M&N
Oonv deb 5s 1950.
F&A
Oonv deb 4 Ms 1949.
J&J
Oonv deb 4 Ms 1948..
M&S
Cons ref deb 5s 1968
A&O
Cons ref deb 4 Ms 1958—M&N
Oonv invest ctfs 5 Ms
M&N
S f inc deb 5 Ms A 1983
F&A
S f inc deb 5s
1983
M&S
S f inc deb 4 J is O 1983.—M&S
S f inc deb 4s D 1983
M&S
S fine deb 5
1986 F&A
S f inc deb
B 1986—M&S
S f inc deb 4 M-5Ms O '86-M&n
S f inc deb 4-5s D 1986—.M&S
Oonv A 5s 2002........
Q-F
Oonv A 6s 2002
Q-M
Oonv A 7s 2002.——
Q-F
Associated Gas & Elec Corp—
_

8-year 8%

ww

1940

88 ex-warrants 1940
Oonv deb 5 Ms 1973..
Oonv deb 5s 1973
Oonv deb 4Ms 1973
Oonv deb 4s 1973

—

M&S
M&S
F&A
J&D
-J&D
M&S

Income deb 4Ms 1978
F&A
Income deb 4s 1978
A&O
Income deb 3 Ms 1978
M&N
Income deb 3 Ms 1978
M&S
Assoc General Utilities—
Income debs w w 5s 1956.M&N
Income deb 4s 1961——M&N
Associated Pub Utilities Oorp—
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—
Deb 5 Ms 1955 ser A
M&N
Assoc Telep Util deb 5s 1942A&O
Certificates of deposit

Oonv deb 6s 1941.
Certificates of deposit

M&S

deb 5Ms 1944 ser O.M&N
Certificates of deposit.
2-yr 6 % notes 1933
—A&O
Oonv

Certificates of deposit..,
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
.M&S
Gen mtge 4 Ms 1955

b Basis,

j

1st

8

99
78
20
78
79
87
80
100

101
30 M
35
25

m

5s 1954

ser

B

90

o oOt Jf'r*-

M & coll tr 4s ser O '65—M&N

Rys
Bloomington Dec & Champagne
1st & ref 5s 1940
-M&N
Blue Lakes Water 6s '38—T

12

91

100
100

Bolivian Power 8s ser A '45.J
Boston Elevated Ry—

81

f

/

21

22 M

1st & ref 581954 ser A
M&S
Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967-F&.A
Bklyn City RR 1st 5s 1941—J&J
Brooklyn Edison Co—

110

106M

73

78

93

96

20
22

20

22

74
24

78

36M

37M

28

99 H

100 M
95
60
55

24

IV*

21

28"

21

24

20
20

101

23

20
24

27

<jou trust ser a%s

Coll trust
Col trust

fH
5M

ser

31
31
31
31
31
31

i»44_.

3 Ms 1945..

i

7

103 M

38
38
38
38
38
38
38

31
80
76
48
43 M
39
39
24

21H
19M
19M

50
45
41

1939

5s

25""
22 M

IV*
20

38

31

Coll trust ser 3Ms 1950..M&:
Coll trust series 3 Ms 1951 _M&
Brooklyn City & Newtown RR-

88
82

Util.(ws)inc5Ms-1952

38
38

31
30

J&

Brooklyn Queens Co & Sub—
1st m g 5s 1941 (stpd)
_J&
1st con 5s July '4l (stp)_.M&
Bklyn Un Elev 5s 1950
F&
Kings Co El 1st 4s 1949...F&

60

41M
68
71

20

M

Bklyn Un Elev—See Bid
Bklyn Un Gas 1st cons5s g'45l
1st lien & ref 6s *47 ser A.J

68

73
78
22

101M

103

UH

&
20

65

Gen

2s deb A 1938-1

107

Cent Vermont Public Serv Corp
1st mtge 3 Ms ser B 1966—F&A
Central West 'Public Service Co—

99"

104

1

Chattanooga Ry & Light—
1st & ref g 5s 1956 op '16.M&N
Chatt Rys 1st cons 5s '56-M&N
Ches & Pot Tel of Va 5s '43-M&N
Chester Water Service Co—

1st 4Ms 1958 series A

113
104 M
110

V
>

117"

IV*
96

97 M

94

96

n Nominal

x

68

72

83
108
90
64
56

99M
24

110
107 M

103

107M
95 M
87 M
93 M
83

80 M

73
98
98
105
100

94

35
101
88
93
68
80 M

103

1M
1M

53

32 M

"3"
10

97
58

45

73
67

106M
104

Chic North Shore & Milw RR—

3M
3M

3M

Chicago Railways Co—
1st 5s 1927 stpd as to 25% pt

1, 1933—F&A
—J&D

fsH
lH

Chicago Rapid Transit Go—
1st &ref 6Ms 1944.
—J&J
Certificates of deposit.

m

ser

deposit.

A Feb '27—A&O

Series B Feb, 1927

1st & ref 6s 1953

ser

__J&J

A

Adjust

—

deb 6s July, 1963..J&J

Certificate of deposit

...

J&D

1st mtge 3 M8 1966..
...F&A
1st mtge 3 Ms 1967
—J&D
Cin Newport & Gov L & T
1st ref 6s 1947 series A—
J&J
Cincinnati Street Ry—
1st m 5 Ms ser A 1952
A&O

Called June 1 at 105.

ser

B...

...A&O

!• — —

75

—

1st mtge gold 5s 1936
J&J /
1st & ref 8s 1955 ser A...-J&J /
1st & ref 5 Ms 1956.
A&O /

—

70

Chic Aurora & Elgin RE—
CO
1st & ref 6s 1951
J&J
Chicago City & Connecting Ry
ColltrsfgSs Janl, 1927-A&0/
5M
Chicago City Ry-^1st 5s (15% paid) 1927— -F&A /
45
Chic Dist Elec Generating—
1st M 4 Ms 1970
M&S
106 M
1st 6a series B 1961
-M&N
105 M

1st 6s 1955

94

71
102

80 M
113M

37/
M
K

105""

Cincinnati Gas & Electric—

Ry.
i

102

k Last sale,

M&S

Chippewa Power 6s 1947

fir

99

Chicago & West Towns Rys—
1st cum inc 5s 1937
J&J f

See

Burlington (Vt) G L 5s 195£
Butler Water 5s 1957 A....

jf 104

A.-M&N /

Charleston Transit Co—
1st 5s 1942-.
_——M&S
Gen & adj 5s 1942
M&S /
Coll trust 58 notes 1942—M&S

99

109
...

69
100

5Ms series B 1956
-M&N / 58
58
5s series C 1933
J&D /
Charleston Cons Ry Gas & El
100
Consol gold 5s 1999
M&S

Certificates of deposit

98

1st gold J
Buffalo Traction
Buffalo & Lockport.

62

-J&J

1938-J&J /
Telep (Del) 6s 1938—M&N/

.

——

Buff & Niag Falls El L & Power-

20
20

107 M
92 M

1UM

99 M
98

3s deb B
3 Ms deb

20
20
20

104

1953-J&J

Cent States Utilities 6s

Cons M 5s

Buffalo

Niagara Electric—
& ref M 3 M i ser O '67-J&D
f
Ms

102 M

26

1st M & 1st lien 5 Ms
Debenture 5s 1944

red and pay Aug
Certificates of

64 M
103

61

102 M
100

26

97

101M

110M

59
45

52
105

J&J

83

70

mtmmtmrn

„

1st 1 coll 5 Ms 1956 ser
41

24

20

.F&A
--

Central States Edison, Inc—■
1st coll inc 3-5s 1950
M&S /
Central States Elec Corp—

Cent

29
30
24 §,
21
24
24

27

99

102

Deb 5 Ms 1954—— jM&S 15
Cent States Pow & Lt Oorp—

105 M

J&E

1st 4Ms series B 1961
Broad River Power Co—

A&O

Conv deb 5s 1948—

109
107

31M

Cent Pud Serv Co:
no
Conv deb 5 M8 '
Cent Public

102'"

Brandenburg

38

1st & gen M 3 Ms ser H '66.F&A
Cent Mexico Lt & Pow
1st s f 6s 1940
.....J&J

1st 6Ms series B 1951——J&D
93

120
s

1st & ref 5s 1956 ser E—-M&N
1st mtge 4M8 1967 ser F—J&D
1 st & ref 5s 1968 ser G—-M&N
1st & ref 4M® 1981 ser H—J&D
Cent Indiana Gas 5s 1957—M&S
Central Indiana Power Co—
1st & ref 6s 1947 ser A
J&J
Cent Iowa Telep 5Ms A 1947-J&J
Central Kansas Pr 6s 1946.-M&S
Cent Maine Pr 5s '39 op '19-M&N
1st & gen 4s ser G 1960
A&O

Cent Pow 1st 5s 1957, ser D.J&J
Cent Pow & Lt 1st 5s 1956—F&A

110

Extl 1st

1st & ref 6s 1952.
J&D
Cent Illinois Light 3 Ms '66.-A&O
Central Illinois Public Service—

109M

109 M

88 M

90
83

102 M

_

Cent Ohio L & P 1st 5s 1950-A&O
Conv sec 4 Ms 1940...
J&D

106 M

84

Central Gas & Elec 6s 1946-M&S
First lien coll tr 5Ha *46—J&D
Central Georgia Pow 5s '38.M&N
Central German Pow 6s *34. J&D
Cent Hud Gas & Elec Corp—_ .
1st & ref 5s 1941
J&D
1 st & ref 3 Ms 1965
-M&S
Cent Ills Elec & Gas Co—
1st & ref 5s 1951—
F&A

103M

.-.i,

Bleecker St&FulFy-See NY

99M

Cedar Rap Mfg & P 5s '53
J&J
Cent Ark Pub Serv Corp— •
1 st & coll tr 5s 1948 ser A—F&A
Central Elec of N J 5s 1940—J&J
Cent El & Tel 1st 5s scr A '55 J&J

Central N Y Power Corp—
Gen mtge 3 Ms 1962

1st mtge 5s 1957 ser O
1
Blackstone Val G & E 5s '39.J&A

74

This price includes accrued interest,




73

100

95

102

72
99 M

Canadian L & P 5s '49 op *14 J&J
Canadian Rail & Harbor—
Terra 6 Ms 1951
;
M&S
Canadian Utilities Ltd—
1st mtge 5s ser A 1955—-M&S
Canadian West Telep 5 Ms *56J&J

Cape & Vine'd El 4s A '65—J&J
Capital Traction (Wash, D O)—
1st g 5s June 1, 1947.
J&D
Carolina P & L 1st 5s 1956—A&O

108

_

Ask

Camden & Rockland Water—

_

14

California-Oregon Power85
Deb gold 5Ms 1942—.—A&O
79
1st mtge 4s 1966
A&O
102
Calif Water Serv 4s B 1961.M&N
Calif Water & Telephone—
98
1st mtge 5s 1965
M&S
103
Calumet G & E 5Ms B I960-J&J
Calumet & South Chicago Ry—
1st (35% prin paid) 1927 F&A /
49

99M

Baltimore Transit Co—
Deb 4s series A 1975--——J&J /
Deb 58 series A 1975——J&J /
Deb 5s series B 1975——_J& J

106 M

10

70
66

Augusta Ry & El 1st 5s 1940 J&D

"4""

Amer Fuel & Pow 7s 1934. J&J
Amer G & E deb 5s 2028..-M&N
Am Gas & Pow deb 3-5s '53.F&A

98

65
62
105 M

Aurora Elgin & Chicago
1st 5s 1941

M
H

12

97

J&J
„

95

Oonv deb 6s 1940—.—M&S

■

-J&J
J&J

Atlantic City Sewerage—
■
1st s f 6s ser A 1956
--J&D
Atlantic Co Wat 5s '58 ser A M&S

96

M&N

Am Community Power 5 Ha 1953
5 Ms Certificates of deposit 1953
Amer Elec Pow deb 6s '57 M&S15
Amer & Foreign Power Co—

Atlantic City ElectricGen mtge 3MS 1964..
Atlantic City Gas 5s 1960
1st lien & ref 5s 1957

82
80
69

105 M

Bid

Bonds

Ask

101

79
76
67 H

F&A

Bid

Bonds

Ask

104

107M
88

75
80

76
70
—

—

4

74

PUBLIC
NOTICE—All

UTILITY

BONDS

bond

prices are "and interest" except whtire marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Cities Serv deb 5s Jan '00
Deb g 5s Apr 1958
Deb g 5s 1963
Deb 5s 1969
Oonv deb 5s 1950
Cities Service Gas Oo—

52

A&O

44

46

43 M
44 M
44 M

46

45

Oopper Dist Pow 4Mb 1956--J^
Council Bluffs Gas 5s 1948._M<?

3

sr

90

County Gas of Dallas 5s
bounty Gas (N J) 5s Jan
Crescent Public Service

Q

-J&D

91 %

45

1st mtge 3Mi
Cumberland Ga

3

101
101

Deb

104 M

38

5 Ms

1959

42

102

ADV

40

43"

90 M
83

91M

86

88

90 M

1st & ref 0s 1947 ser A
J&D
1st & ref 5s 1954 ser B—M&N

102
98

Columbus Ry Pow & Light—
1st mtge & coll tr 4s 1965.M&N

112

106 M

112

113
113

109 M

110M

106M
104M
U2M

'43-M&S

111

109 M

col 4 Ms 1957 ser D.J&J
1st M 4s 1981 ser F_
M&S
1st M 3 Ms ser H 1905
A&O
Com With El 5s June 1

105M

Commonwealth Gas Corp—
Non-cum inc deb 6s (w s) 1948Non-cum inc deb 6s (x s) 1948-

33

107

.

30
72

56

97
10
60

54 M

56

28

30

103 M

107 M
107 M
104

113M

ary

109

arv

UVll

104 M

62

5

71

Conv deb 5

21M

73

35

85

88

10

----

103

91

36
107

106 M

105M
60

A&O

95

61

Hydro-Elec Wks of Upper
20

J
X £7U w

not

JL*

*

26

83

87

91

3

97"

9
I

101

1st M 7s 1944--...

48M

64

42

Northern Power—
1st 5s stamped 1950

Called May 1 at 102.

27




107 M

Bay & Miss Canal—
1st & ref 4 Ms 1953
.M&S
reen Mountain Power
Corp—
recnwich

75M
22

Eastern Michigan Rys-

3

42

45

M& 3

95
90

100M
92

98

J<& J

100

1 st mtge 5s 1948..
F&A
Wat & Gas SystemCol tr 5s 1952 series A
A&O
Col tr 5s 1952 series B
A&O

1M

5 Ms series A 1951

93.

5s series B 1953

Eastern Shore Pub Service Co—
1st m 5Ms 1947 ser A
M& I
1st M & 1st lien 5s 1955 B M& I
Easton Consol El 5s 1949 —M& J

Economy Lt & Pr (111) 5s '56. J& )
Edison Elec Ilium of Boston—
3 Ms 1st M s f July 1, '65. J& r
Ed E. Ill(Bkn)See Kings Co EL& 3
(N Y)—See N Y
Edison Sault Elec 4 Ms, 1961 A&
Electric Ferries 7s (w-s) *41_A& )
Elec & Peoples.
See Phila R T
Electric Pow Corp (Germany)-

1

91
102

&

106M

Eliz &

103 M

Elmira
1st &

Raritan

96 M
93
95

Trenton

RR

J

5Ms June 15.
1
Hamburg

92 M

Extl g

IIII

93

•

A&O

54

101

s

1977

(Germuny)

ser

108M
107 H

B.J&J

110

amburg (Germany) Elev Undergound & St Rys 5M8'38..J&D

56

98

102 %

A

82

92
"uavuu

viix 1A

n

Nominal.

1

1

1

1

40
28
40

108M

OCrV

1

37M

k Last sale,

106 M

/ 33 M
5Ms(Sept'31 coup on)'51.M&S /
1
1 empstead &
Oyster Bay—
Water 6% July 1 serially
90
1 est Man & Fair Pass
Ry—See P hil R T
ome Tel & Tel
(Ft Wayne)—
1st 6s series A 1943
J&J
104
1st 5 Ms series B 1955
A&O
105
uo

1

7l"

31

1!K
.

ivy

1 1 11

1•11

Elec Co—

f deb 7s 1935...M&N /

1

r

103

/ This price Includes accrued interest,

88

A&O

1

21M
21H

i

VILU

10-year 4 Ms deb 1946
A&O
ackensack Wat 4s*52
op'12 J&J
Gen&ref 5s June 1577 A J&D15

107 M

Corp

Water, Light & RR—
5s 1956
Md

con g

OCI

ulf States Utilities Co—
1st M & ref Is ser O i960

95

112

106M

WWIIU

1st mtge 6s 1945

97 M

See

RivVPublic Se

50
99
A

if
)f
Eliz Plainf & Cent J1

101

b Basis.

F&A

80

reen

"i h
—

85"
—

VTUH—

1st M & col 6s 1943
Deb 6 Ms 1943 with

♦

95M

reat

58

3

70

J&J

lstsf 4Ms 1956
M&S
■reat Lakes Utilities Co—
1st lien coll tr 5 Ms 1942..M&N

53

50
58
58

.F&A

—

1st & gen 6 Ms 1950
-reat Lakes Power Ltd—

IIII

J

Eliz

A&O

29

71

1

100

102

100M

J&J
102 M
11

102M

70
98

96

103

9KM
80M

lOi"

100
100
101

& coll tr 4s A 1956.
Eastern Iowa Pow 6 Ms 1943.
m

100

J&D

1st guar 5s '54
op '90

Eastern Gas & Fuel Assoc—

Edison El 111

Wuerttemburg 1st 7s '56.J&J /
Cons Tr (N J)—See Pub Ser
Corp
Consolidated Water of Utica—
1st 4Mb 1958
M&N
1st M 5s 1958
M&N
Oonsum L H & P Co (Eliz, N J)—

60
113

Eastern Oregon Lt & Power—

124

59

60 M

62

3/21

98 M
33 M

105

J&D

J&J

teorgia Ry & Elec—
Atlanta Cons St 5s 1939..J&J
Atlanta Northern Ry Co—

53"

95

„

eorgia Power 1st 5s 1967..M&S
Georgia Power & Light Co—
1st mtge 5s 1978..
J&D

64

50

Ms 1939

1st mtge & coll
6Ms 0*55-A&O
eneral Water Wks & El
Corp—
1st Hen & col 5s 1943 ser A. J&D
eorgetown Gas Lt 1st 5s'61 F&A
a-Caro Pow 1st s f 5s *52..J&J

102

63

122 M

A. J&D

102 M
100

100

eneral Public Utilities—
1 st M coll tr 6
Ms ser A-56. A&O

J

35

119

6s unstamped 1943

J /

|7M
33

90"
118

1,1954

.

96

Durham Pub Ser 7s A '49—A& 3
Durham Trac 1st 5s 1941...M& 9
^

uo

80

eneral Gas Utilities—

60

jlu

55
100

eneral Public Service
Corp—
Conv deb 5s 1953
J&J

Duquesne Light—See Phila Co
Duquesno Nat Gas 7s 1948._J& J
Duquesne Trac—See Phila Co

xoi/

1.00%
2.00%
2.00%
2.50%

A&O

937

.M&N
^atineau Pow 1st 5s 1958. .J&D
Debenture gold 6s 1941 .J&D 15
Deb 6s 1941 series B
A&O

3/25

105 M

103 M

1

1M

3

102 M

Co

1M

Eastern Lt & Pow s f 5s 1964
Eastern Mass Street Ry Co-

127

flt.rAof. Rw To#-

H

)/

J

3.00

ZJH

i"

/

M&Sl 5/

1.50
3,00

42M

Js *44 M&S
s'49. J&D

IVAOiUU

Gas Corp—
lstconv6sctfs. 1945

90

68

Rys Co 6 Ms ser A 1945 F&A

4M
3M
1M
H

J
UiUUiV

20-yr s f 6Ms 1948
Duluth-Superior Transit—

87
65

1st lien coll 5s x-w 1944
J&J
5s with warrants 1944.-J&J

Gen 5s Nov

J

105M

Deb 5Ms series A 1970

96 %
94

1st mtge s f 6 Ms 1952
F& 1/
Certificates of deposit
/
8f debg 7s 1952
F& 1/
Certificates of deposit
/
Det & Pt Huron 8hore Line—

130

105 M

Consumers Nat Gas 6s *44 M&N
Consumers Power Co—
1st mtge 3 Ms 1965
M&N
1st mtge 3 Ms 1965
M&N
1st mtge 3 Ms 1967
M&N
1st mtge 3 Ms 1970
M&N
1st mtge 3 Ms 1966
M&N
Consumes Water 1st 6s A *46 M&N

79M

Bridge—

5

•

1938

International

72

WApiUKH

104 M

Detroit

81

68

J&J

trust 5Ms to 1938.-A&O b
trust 4Ms to 1941..F&A b
trust 4 Ms to 1943.-M&S b

109 H

104M

98

Consol Elec & Gas 6s 1962 .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)

6s

109

5

1st

Debenture 3Ms 1940.—A&O
Debenture 3Ms 1956
A&O
20-year 3Ms debs 1958—J&J

_

3

3

G '66

104 M

103 M
102 M

1st lien 5s 1962
stamped.-J&J
Consol Edison Co of N Y—

0% notes, 1940

_

112M
108M

)

84

80

trust 4s to 1946.—M&S b 3.25
alv-Houston Oo inc 6s '55. J&D
85
alveston-Houston Elec Ry—
1 st M s f g 58 1 954
opt^
A&O / 50
randy Bridge (Tampa)
1st mtge s f 5 Ms 1957
97
A&O
•ary Elec & Gas Co—

IIII

V

"R,D

r

93 M
90

J

Mt

Conn Ry & Lt 4 Ms 1951—J&J
Stamped guaranteed opt—J&J

Corp

.

Gen & ref 4 Ms 1961 ser D.
Gen & ref 5s ser E 1952.
Gen & ref M 4s ser F 1965.

78

3

125 M+
107
103 M

Conn Riv Pow 3 Ms ser Ar61 F&A
Connellsv Wat 5s Oct 2 '39.A&0
Consolidated Cities L P & Tr—

onsol

•£»

Equip
Equip
Equip
Equip

1M

-/

1st 4s series C 1955

60

97

15"

I

30

125

75M

'lorida Telep 1st 6s 1945.-A&O
2nd 6s 1954

75

1st 5s, 1966J
Detroit City Gas Co—
1st mtge 6s 1947 series A.
1st mtge 5s 1950 series B_.
Detroit Edison—

f

58

52

75
80

Conv deb 5 Ms 1954

l'OlM

Duquesne
96 M
8

59
50

,

73

1st mtge 5s
1956
1
8
103 '
Moines Ry 1st .nc 5s Jan 1
5/ 13 M
Detroit & Canada Tunnel—
1st mtge 8 f 6s 1953
M
If 30
Certificates of deposit
./ 30
Oonvs f deb 6Ms 1948... M«,.r? /
1H

96

52

1st & coll trust 5s 1950—J&J

1943

41"

101

J

65"

'

—M&N

1st mtge 48 series C I960..J&D
Sinking fund debs 5s 1946.J&D
'lorida Pow & Lt 1st 5s '54..J&J
'lorida Public Service Co—

108"

~as

ser

30

J&J

1st lien col tr 5 Ms 1957—M&S
lorida Power Corp—

t

108M
107 H
107 H

*

-

94

_

ser

103 M
107
38

J

Stamped as to Pa tax.
Denver Tramway Corp—

37
21

19

5Ms"'45 M&N
ComWltb Tel (Wis )4s ser A 1M&S
Community Power & Light Oo—
Col M 5s 1957
M&S
Community Pub Ser 5s 1960-J&J
Community Teleph 5s Jan 1 1949
Community Water Service Co—
Deb g 6s 1946 ser A
J&D
Deb g 5Ms 1946 ser B„_M&S
Oonestoga Trac 1st 4s 1950--J&J
Coney Isl & Bklyn cons 4s '48 J&J
Connecticut Light & Power—
1st & ref s f 7s *51 ser A-.M&N
1st & ref M 3 Ms ser F '66-M&S
1st & ref M 3 Ms ser G '66 J&D
25-year deb 3Ms 1956—M&S
Conn Ltg & Pow 5s '39
-J&J
Connecticut Power—

6s""1943

J

sr

Certificates of deposit

Ry 5s May 1 *42

ederated Utilities Inc—

3

Commonwealth Lt & Power—
Ref & unif 7s 1962
J&J f
Com With Tel (Pa)

6s stamped

108M

tO-

uo

_

106M

Co—

5s 1953 ser A
J&J
col 5s 1954 ser B...J&D
col 4Mb 1950 ser C.A&O

1st & coll

J

99

Gen & ref M 3 H*

2

^

1st M
1st M
1st M
1st M

94

105M

0Ms stamped 1953
A&O /
Columbus (Ga) Elec & Power—

Pass

60"

Federal Water Service Corp—

...

5

Stamped

1st lien g 6s 1942
stpd—-M&S

Des Moines Gas Co—
44

90"

20

107 M

98 %

J

108

M&S

Deb g 5s 1952
M&N
Deb g 5s 1952
A&O 15
Deb 5s Jan 15. 1961
J&J 15
Columbia River Long-view Bridge

Commonwealth-Edison

106

3

f 4s series B 1965

M&S

„

J

ST
JU1

1st & ref 5s 1951

92
92
92

42"

Power & Light Co4Mb 1971
J
1st mtge g 4Mb 1969
J
1st mtge g 4Mb 1969
J
vw

111

os

Debenture 6s 1954 ser B_. J&D
—)d'l Pow & Lt 6s Nov 1. 1965—
Federal St & Pleasant Valley

38
R Tr
90
J
a

M

Coast Cos Gas & Elec—

Colonial Util 5 Ms 1958
J&D
Colorado Cent Pow 5 Ms *40_ J&D
Colorado Power 1st 5s '53_.M&N
Colo Utilities 1st 5
Ms 1958.M&S
Columbia Gas & Elec Corp—

107
52 M

J

J

90

...M&S

Cleveland Elec Ilium—
Gen mtge 3 Ms
110M
July 1, '65.J&J
Cleveland Ry 1st 5s A 1945.M&S
101M
Oleve South w Ry & light—
Gen & con 5s 1954
M&S /
2

10

107

105

D

103 M

1941 A&O

Ry

51M

135
17

J&J
A&O
A&O

Fall River Elec Lt 5s 1945-J&J
Federal Light & Traction—
1st 5s (Amer series) 1942.M&S
1st 5s (Internatser) 1942..M&S

Delaware
lst

Short Route Bdge 0 Ms '52. J&D /
Clear Springs Water Serv—

s

106

J
A

Electric 6s 1959

Erie Rys—1st 6s 1954
Erie Ltg 1st m 5s 1967
Erie & Suburban

103

A

69"

111

Erie Co

37

101
100

3

Dallas Gas 1st 6s 19411
Dallas Power & Light-

Olarksbury-Columbus

1st

30

99

43

Equit G & E Utica 5s 1942.A&O

97 M

N/

Danville Tr & Pow 1st 5s *4.1 _J
Darby Med & Ches Ry—See PI
Dawson Ry & Coal 5s 1951—J
Dayton Power & Light—
1st & ref M 3 Ms 1960
A(
Delaware Elec Power Co—

100

Ercole Marelli El Mfg Co (Italy)
1st s f 6 Ms 1953 with war M&N

95"

3

50

62

83

A 1952. _J&D

ser

Empire Gas & Elec and Empire
Coke Jt 1st &ref 5s'41 opt.M&S

31

28

26M

103 M
102

M&S

m 5s 1952

Empire Gas & Electric Co—-

91

J

J&D

65"

91

25

J&D

1st & ref

Gen & ref 6s
J

98

103
103

Conv deb 4Ms 1946
Elec Co—

Co—

S

—.J&J

A 1951—J&D

ser

Empire District

60

.

El Co—

1st mtge 4Mb

w

195

.

-

77

42

102 M

1st M 5s 1954 series B_—J&D
'1st M 5s 1957 series C_—M&N

ser A 1958

1

63

42 M

City Water (Chattanooga)—

1st 5s

*46 Ai

88"

61

Of

City Gas & Blec 1st 0Ms '51 _J&J
City Light 1; Traction (Sedalia,
Mo) 1st s i' 5s 1952
J&D
City & Sub PS .—See Un Rys of St L
City & Sub Ry—See Wash Ry & El
City of New Castle Water—

1st m 5s 1950 ser A
El Paso Nat Gas—

86

M

OOWC

41

Citizens Wat-v (Scottdale)—
1st 5s series A 1953
J&J
Olti/ens Watur (Washington, Pal
5 Ms series A 1951
J&J
5s series B 1951.
J&J

5s 1941

KC1UL 10b OH

14

\
"1VDU

41

F&A /

El Paso

Df

44

94

67 M

66M

\

Bid

Bonds

102

M&S

Citizens Utilities Oo 1
Income notes 3s 1955

Ask

88

89

M&N

Cities Service Power & Light—
Deb 5 Ms 1952
M&N
Deb 5Ms 1949
J&D
Citizens Independent Telephone
1st mtge s f 4 Ms ser A *61—J&J

_

Bid

Bonds

47 M

1st M pipe line 5 Ms 1942. M&N
Cities Service Gas Pipe Line Co—
1st M 6s 1943
J&J

_

Ask

M&8

ser

A. A&O

97

99

.A&O

90

97

war.

April, 1938]

UTILITY

PUBLIC

75

BONDS

prices are "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

NOTICE—All

bond

Bonds

Bid

1st mtge

Bid

Bonds

Ask

Houston Light & Power

105%

J&D

102
120 %

1st

m coll 6s '43 with warr .J&D
Hudson Co Gas 5s g 1949—M&N
Hudson River Trac 5s 1950.M&S
Hunt'g'n Wat 1st M 6s '54A M&S
1st M 5s 1954 ser B
M&S
1st 5s ser O 1962
A&O
Hydro El Bond & Sh 5s 1957M&N
Hydro El Corp (Va) 5s 1958. J&D
Hydro El Pow Comm 3%s'43J&J
4%s due Jan 1. 1970
—J&J
4%a
1938
P&A
Idaho Power 1st 3%s 1967-A&0
_

f
/

106

1st mtge 5s 1960

ser

l5i%

103

103%
99%
108

99

94

68

80

M&N

1st lien coll 5%s 1938

106

Indiana
1st M
1st M
1st M

Electric Corp—
6s 1947 series A

89

89

66 %

M&N

6%s 1953 series B-F&A
5s 1951 series C——M&S
Indiana Gas Light 6s 1941 M&N
Indiana Gas Utilities 5s 1946.J&J

92

78
83

/

68

82

100
53

57"

1st M 5s 1948
J&J
Indiana Hydro-Elec Power—
1st mtge 5s 1958sar A
M&N
Indiana & Mich El 5s 1957—F&A
1st & ref 5s 1955
M&S
Indiana Pr 1st 7%s '41 A .M&N

109

Indiana Ry & Lt 1st 5s *43—.J&J
Indiana Service Corp—

1st M 6 %8 Sept *48 ser
1st M 5%s 1955 ser F
1st M 5s 1961 series G

102

110

105%

15

90

20
93

45

Indianapolis Gas 5s 1952
A&O
Indianapolis Power & Light—

52

1st M 5s 1957

ser

101%

J&J

A

Indianapolis Ry 5s, 1967
Indianapolis Water—
1st mtge 3%s 1966
Indianapolis W W Sec Co—
Inland Gas 6%s 1938
Certificates of deposit

101

102

78
35

83

10

s

f 7s 1935

1st & ref g 5s '66
op tax-ex.J&J
Cer tificates of deposit

2%

A&O /
/
M&S f
fk

6% notes 1932
Certificates of deposit
Conv g 7% note 1932

50

52

100

95

97

101

103

Internat Ry ref 5s '62 op.M&N
International Telep & Teleg—
Deb g 4%s 1952.
J&J
Conv deb 4%«
Deb 5s 1955

1939

...J&J

87

98

100
35

32

Interstate Tel & Tel 5%s 1953J&J
Investors Telephone 3s 1961 -J&J

52%

Lockhart Power 4%s

82

85

Long Beach Gas 1st 5s '56

63

195b

ser

47

102%
82

80
114

104%

95
93

105%
100%
78

104
85

Lexington Wat ref 5%s 1940.F&A
LexingtonWat PowColst5s'68J&J

96%

66%

Va*
68

T

1st & ref 4 %s 1978
Mississippi Power Co—

98

95

100

1940J&J
M&S

5%s '47 J&D

86

1st & ref 5s ser B

55

59%
43

1st 4-5s 1956
vlissourl Power & Light—
1st mtge3%s 1966

93

104%

100

103

65

75

100%

101

102%

102%

112

101

98%

loo"

61

65

97

70

73

Lower St Lawrence Power—
1st s f 5s ser A 1955
A&O

55%

59

Luneburg Pow L & W W(Gorm'y)

36

38

40%

56

Telephone—
%s series C 1961
M&S
Missouri Val Pub Ser 6s '39 J&J

100

f 5s

I960

Missouri

inc 9s ser A '56--A&O

40

A&O
g5s '41.M&S
Mohawk Valley ref 6s 1991 M&N
Debenture 6s 2031
A&O
Monmouth Cons Wat 5s '56. J&D
Monongahela Light & Pow Co—
1st M 5s 1949
J&D
Monongabela Valley Water—
1st M 5%s 1950 aeries A..J&J
Monongahela West Penn Pub 8er
1st & gen mtge 4%s 1960.A&O
Debenture 6s 1965
A&O
Mont Cities Gas 7s A 1937.-M&N

32

1st

cum

Montana-Dakota

Ext 1st 5%s-6%s 1944

Called April 1 at 105.




X Called May l* 1105.

b Basis,

21%

f Price includes accrued interest,

J&J

Montana-Dakota Utilities—
Conv deb 4%s 1946
A&O
Montana Power—
1st & ref mtge

3%s 1966—J&D
Pow 5%s 1957 M&N

Montreal Isl
Montreal Lt Ht & Pow Consol—

3%

deb 1939
1st & coll s f 3%s 1956
1st & coll 3%s 1973
conv

k Last sale.

»

60
91

91
81

115

101
98

99

89%
99

Power—

85

M&N /

89

8

65

42

82

1st Msf 7s 1948

25-yr s f 5%s 1953 ser A..M&S
Italian Superpower Corp—
Deb 6s 63 (without warr). J&J
Jackson County (Mo) Lt H & P—
1st 6s series A 1956
...J&D

90

96

F&A

s

Income 7s 1956
Mob Lt & RR Cons

55

65

65

J&D

Mobile Gas Service Corp—
1st 5s 1956
.A&O

102%

60

J&J
A&O

4

86

50

1957

vllssouri Public Service Co—

98

38
85

74

109%
100
106

vll880uri Edison 1st

102"

93

...M&N

61%

J&D

Missouri Gas & Elec 6s A '44 M&S

65"

F&A

1 '50.M&N

M&S

1st M 5s 1957

1st

J&D
J&D

94%

Miss Val Pub Ser 1st 5s '54-J&D

97
85

100
63

99

85

Mississippi River Pow 5s *51-J&J
Deb 5s May I. 1947
M&N
80

x

99%

Mississippi Power & Light—

166"

1st mtge 4%8 ser A 1966.M&S
Lower Austrian Hydro-Elec—
1st 8 f g 6%8 1944
F&A

Island Gas & Electric—

85

118%
105%

M&N

1st & ref 5s 1955

25

96

93

M&N

54

93%

64%

1955.-J&D

92

IsfcM sf 7s 1952

99

M&S

89%

75

90

A

85

98%
97%

Minneapolis Gas Light Co—
1st mtge 4s 1950
J&D
Minnesota Nor Pr jt 6s 1944 A&O
Minnesota Power & Light Co—
1st & ref 5s 1955
J&D

102

89

—

87

Louisville Gas & Elec Co (Ky)—
1st & ref M 3%s 1966
M&S
Louisv Ltg 5s '53 unstmpd—A&O

General 5s 1950
Lowell Gas Light—

75

J&D
J&J

B

103

J&J

Louisv Ry cons ext 5%s
2d 4%s 1940

1st M 5s 1971

ser

Milwaukee Gas Light Co—
1st M 4 %s 1967s.

J&D
J&J

5%s 1953

J&J

Isprco Hydro-Elec Co (Italy)—

*

95%

Long Island Lighting—
Secured g 6s 1945.
J&J
Conv deb g 5%s '52 ser A. A&O
Long Island Water 5%s '55 M&N
Lorain Telep 1st 5s 1958
J&D
Los Ang Pac Co—See Pac El Ry
Los Ang & Pac RR-See Pac El Ry
Los Angeles Railway Corp—
1st & ref s f g5s 1940
_J&D
Los Angeles Ry 5s 1938._A&O
Los Ang Trac 1st cons 5s '38. J&D
Louisiana Pow & Light Co—
1st mtge 5s 1957
J&D

44

52

84

Ry & Light—

109

M&S

Lombard Elec Co (Italy)—
1st extl 7s 1952

Iowa Southern Utilities—

Deb 6s

Lexington (Ky) Tel—
1st M 6s ww 1944

Milwaukee Elec

1st & ref 5s 196i

Leipzig Overland Power—
S f mtge 6%s 1946
M&N /
Lewiston Gas Lt 3%s C '56-A&O
Lex (Ky) Ry—See Ky Tr & Term

10

88

102

Middlesex & Somerset Trac—
5s 1950

52

J&D

21

97%

A&O
Mich Fuel & Lt 6s A 1950—J&D
Michigan Gas & Elec Co—
1st & ref 6s 1943
M&S
1st M 5s 1956
J&D
Michigan Public Service Co—
1st g 5s 1947 ser A
A&O
Middle States Telep 6s A '47. J&J
Middle States Util 6s A 1951 A&O
Middlesex & Boston St Ry—
1st and ref mtge 5%s 1942.J&J
Middlesex Elec Lt Pow 5s '55 J&J
Middlesex Water 5%s 1957 _A&0

20

8

18*

44

Telep Co—

72

W*>

59%
1%

30

79

Lincoln Pub Serv 5s 1939

%

22

J&J

Lincoln Gas & Elec 5s 1941

57

■8!"

Midland Util deb 6s 1938..-M&S

102%
*

J&D

lmpt g 5s 1960
1st extend 5s 1945

Conv deb

100

M&N t 105

C 1952

36

.

1st & ref 5%s 1950
1st & ref 5%s July

ser

65
103%

Middle Western Tel 6s 1943.J&J

45"

77
J&J
113
Iowa El Lt & Pr 7s ser O '42.F&A
104
1st mtge 4s ser E 1955
J&D
Iowa-Ill Telep 2-5%s 1949--A&O /
35
Iowa-Nebraska Lt & Power—
91
1st lien & ref 5s *57ser A..M&N
89
1st 1 & ref 58 1961 ser B
M&S
Iowa Pow & Lt 1st 4 %s 1958 M&S
105%
99
Iowa Pub Serv 1st 5s 1957—J&D
75
Deb 5s 1968
M&S

M&S

47%

Ref &

50

1st 4s ser A 1961

M&N

41

35%

62

20

40
9

105

40

Iowa Electric Co—

1st mtge 5%s 1959...
D«h«Tit,nre 6s 1960

f ?5..

Lexington Util 1st 5s 1952..F&A

77

100

103%

B 1942—F&A

Telep 5%s 1948._J&J

41%
78%
44%

40%

P&A

Int-State Bridge 4-6 %s '50 M&N /
Interstate Gas & El 6s 1951..J&D
Interstate Power 1st 5s '57
J&J
Deb gold 6s 1952
J&J ,
Interstate P S (Ark) 6s 1940 M&S f
Interstate Pub Serv Co—
1st & ref 6%s 1949 ser B..J&J
1st & ref 5s 1956 ser D
J&D
1st & ref 4%s '58 ser F...M&S
Interstate Rys 4s 1943...
P&A /
Interstate Telep Co—
1st M 5s 1961
A&O

101
90
98

50%
43%

ser

M&S

1st M 5s 1961

Lawrence (Mass) Gas & Elec—
1st M 4%s 1940 ser B
F&A
Lehigh Power Securities—
Deb g 6s 2026 ser A
F&A
Lehigh Valley Transit—
1st extend 4s 1945
J&D

63

80

Michigan Associated

74%
66

_

Miami rfridge—
Income deb Ps (w-s) Mar 1952.

48

Lake Erie Pow & Lt 6s 1946-A&O

52

60%
49%

104

41

coll notes

A&O /

f 7s 1957 ser A

1st M 4s 1971 ser E
M&N
1 st mtge 48 ser G 1965—M&N
Metrop Edison Corp 6s "61 .M&S
Metro Wat Sewer—See Fgn bds
Metropolitan West Sid*1 "L"—
1st gold 4s 1938
F&A
Exten gold 4s 1938
.J&J
Mexican El L 1st M g 5s '42-J&J
Mex Lt & Pow 1 st 58 40 s f__F&A
Mexican Utilities 7s 1939.—A&O

49

La Crosse

s

Metropolitan Edison Co—
1st M 4%s 1968 ser D

104

1st mtge 3 %8 ser A 1966..A&O
Lancaster Co Ry & Lt 5s 1951 J&J

98

.J&J15

104

152%
102%

Lake Sh Gas 1st 5%s 1950—M&N
Lake Superior Dist Pow—

Internat'l Pow Ltd 6%s 1957M&S
Deb 6s 1957..
M&S
Debentures 6s 1955
J&J
International Power Sec Corp—

Sec 7s 1952 ser F—

85

102

1st

92

48

41

3%

International Railway (Buffalo)Buff Trac 1st 5s 1948
J&D
Buff & Lock 1st g 5s 1938.. J&J

73

88
82

80

F&A

Gas Lt 5s 1939

103
85

65%

A&O

1948

6s

Debentures

A&O

Meridionale Electric Co—

1st M coll tr 5 %8 *53 ser C F&A
1st col&ref 5%sl960 ser D F&A
68 coll notes ser A 1942
F&A

,

Laclede

1st & ref 6s

2

F&A

1951

86%
81

_

67

82

_

10
14
41

E

5s

98

J&J

67

90

1
85

_

Certificates of deposit
Intercontinents Power Co—
Debs A 6s 1948..
J&D /
International Hydro-Elec System
Conv deb 6s 1944 w w_
A&O

ser

1st

95%
109

Market st Ry (San Francisco)lst s f 7s 1940 ser A Q Jan

66

70

80

KIngsCoElev—See Bklyn-Queens
Kings Co Gas & 111 1st 5s "40 A&O
Kings Co Ltg 1st ref 5s '54—J&J
1st ref 6%s 1954
-J&J
Kingsh'way Bdge 6%s '62..A&O
Knoxville Trac 1st 5s 1938—A&O

J&D
Val RK
—F&A

Ref & gen

S f deb 5s 1949 ser A

96

Works—

B 1966 J & J
4s series C 1967.J&J

Mass Utilities Associates—

104

6s g 1997.-A&O
Blkyn 4s '39.J&J

Water

A&O

1st mtge 4%s 1952
Maritime Tel & Tel—

66"

/

21%

Marion-Reserve Power—

Maysville P Serv 5%s A 1942A&O
Memphis Power & Light Co—
1st & ref 5s 1948 ser A
J&J
1st & ref 4%s 1978 ser C-.A&O
Memphis Street Ry—
3-5s series A1945
A&O
3-5s series B 1945
Ann April /

92

45
Mar 31

43
Mar. 31

Sec 7s 1957

85

88

10%

6% % sec bonds 1955ser C J&D

87

80

72

Maryland Light & Power—
1st M 5%s 1950 ser A

7%
35

93

84

/, 43%

6%
29

M&N

Pureh money
Edison El 111

J&D /

f 7s 1941

s

Market Street El Pass Ry—
See Phila Rapid Transit

73

90

3%

fk 42%

109%

88

Kokomo

\v*
13

82

Inland Telep 1st 6s 1948
A&O
Inter borough Rapid Transit—

98

71

1st 5s ser A 1958
Lackawanna & Wyoming

11%
11%

J&D

114%
105%

98

40

5

s f 6s 1941 ser B
M&N
Coll tr 6s 1957 ser 0...__A&0

72

82

1956..F&A

40
8
11

35

Coll tr

Deb

102%

J&J

Sinking fund deb 7s 1938.P&A
Inland Pow & L s f 6s *36 A.M&S

108%
68

13

Mannheim & Palatinate Elec Cos

95

60

44

J&J

P&A

1st M s f 5%s '51 ser A...J&J
1st Msf 5%s 1952 ser B..J&J

3%
19
18

Manitoba Power Co Ltd—

Kings County Elec Lt & Power—

J&J

Secured 5s 1958

/

—

Traction 1st 6s 1948.-P&A

....

23"

53

1st lien & colltr 5s

_

Indianapolis Columbus & Southern

/

D M&S
A&O

1st M 5s 1978

J&D f
J&J

/

13

23

65

69%

Key West Electric 5s
Keystone Pub Serv—

20
1%
18%
17

M&S

Keystone Telephone Co—
1st & ref 5%s 1955 ser A—J&D
1st 1 & ref 6s 1951 ser B
A&O

45%
43%

Indiana & S W Gas & Utll—

6% conv notes 1940
Indiana Telep 5s A 1960

113
28

/
/
f
/

Ref & gen 6-4 %s ser

F&A
F&A
1st M 5s 1969 ser I
-P&A
1st 7s series J 1957
F&A
1st 68 series K 1957
M&S
Keokuk Elec 6s 1945
M&N
Kewanee(Ill)Pub Ser 6s A '49 J&J

114

P&A

96

5s series H 1961

110%
106%

111

1, 1950.J&J

1st 1 & ref 5s 1963

109%
81

71

110

Kentucky El Pr lstsf 6sl960J&J
Kentucky Fuel Gas Corp—
1 st 6%s 1942 with warr. .J&D
Kentucky-Ohio Gas Co—
Ctfs <ndebt 2s 1958.
J
Kentucky Power & Light Co—
1st 5%s series A 1948
M&S
1st m 5%s 1948 ser B
M&S
Kentucky Traction & Terminal
1st & ref gu 5s '51 opt *14 P&A
Lexington Ry 1st 5s 1949.J&D
Kentucky Utilities Co—

Indiana General Service—

1st & ref M 5s Jan

11X

30
22%

105

Kansas Power & Light Co—■
1st mtge 4%s 1965— —-1

72
103

A&O
'90.. A&O
dep.
2d gold 4s 2013
J&D
Manila Elec RR & Ltg Corp—
Cent Hanover Bk ctfs of

15-year

Deb gold 6s 2022 ser A. J
1st mtge 4%s 1980- ——Kansas Power 1st 5s 1947—

82

Indiana Central Telep Co—
.

1957——J&J

1st mtge 3%s ser A 1966.
Kansas Gas & Electric—

88%

A&O /

serA 1941

Gen s f 7s ww 1941
Manhattan Ry con 4s g

104"

96

95

Terminal—

f 6%s

98%

f

108%

104

1965—A&O

Manchester
s

108

113

100

1 st

Ask

107
107

M&S
J&J

103%

Kansas Elec Power—

101%

Telegraph—

99

I

97

1st ref 4s series O

87 %
80
78

M&S

103%

...

95

Gas & Elec—
5s'48 op'13 A&O

1st & ref 6s 1954

95
MacLaren-Que Pow 5%s Febl'61
94
5%s series B 1964
M&S
85
Macon Gas 1st mtge4%s *52. J&D
105
Macon Ry & Light 1st 5s *53-J&J
Madison Rys 1 st g 5s 1936..M&N f
10

34
1

31 6. / 20
3
Cons mtge 3s B Dec 31 1962 — /
103
Joplin W W 1st 5s 1957—M&L
102
Kansas City Gas 1st 5s '46..F&A
111
1st 6s series A 1942
F&A

45

108

1st mtge 58 1952 series A..J&J
Indiana Assoc
1st mtge 4%s ser B

B._..F&i
1961 ser O
J&I
Con

92

A&O

S f deb 5%s 1957Illinois Water Service Co—

120

33

Jer City Hob & Pat—See P S
Johnstown Traction 4s Dec

42

Illinois Power & Light Corp—
1st & ref 6s 1953 series A..A&O
1st & ref 5%s 1954 ser B..J&D
1st & ref 5s 1956ser C
J&D

4%

105"

1st & ref 5s 1947 ser

1st M 4%s

103 %
118%

B—.M&S

opt

106"

88

111 Community Tel 6s 1949—J&J
Illinois Northern Utilities Co—
1st & ref 5s 195

1943
J&I
(N"i)Telep 5s 1954 J&I
Jersey Central Pow & Lt Corp—
Deb gs 7s

/
f

Jamest'n

101

107%

35

Debenture 7s 1944

121%

61

104
99

30
3

James River Bridge Oon>—

103

Illinois Bell Tel 3%s B 70-A&O
Illinois Commercial Telep—
1st 5s series A 1948
M&S
_

Luzerne Co (Pa)
1st ref&imp g

Jacksonv (Fla) Gas—

3 Ms 1966

Houston Natural Gas Corp—

Bid

Bonds

Ask

Nominal.

...J&J

F&A
J&J

87

90

67%

76

85

88

102

104

49%
101

94%

50%

102%
96

«

76

PUBLIC

UTTTJTT

BONDS

NOTICE—All

bond prices are "and Interest" except where marked "f" and Income and defaulted bonds
Quotations for -*!' securities are as near as possible for the closing day of the month preceding the date of issue

Bid

Bonds
Montreal Tramways—
1st & ref g 5s 1941 opt
J&J
Oen & ref 5s 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

Ask

97
71
71

99
75 M

75M

60

69

71

75M

73"

70

21
67
69

%

103 M
81

i

105 M
92

■

100
90 M
,

92

5M

4%
77 M

5s series B 1947
J&D
Nat Lt & Pow 6s 1949
M&N
Nat Pow & L deb 6s 2026 A.F&A
Deb 5a 2030 ser B
M&N
Nat Public Service Corp—

90
66

58

64

Debenture gold 5s 1978--F&A
Certificates of deposit

44 M
44 H

45

Nat Toll Bridge 6s
stmp *39.J&J
Nebraska Pow 1st 4 Ms 1981-J&D
Deb 6s 2022
M&S
Nev Calif Elec 1st 5s 1956— -A&O

M

1

108

40 M
42

42

72"

123 M

M&N
Newfoundland Light & Power—

121M

5 Ms 1971
lstsf 4 Ms 1956
New Haven Water—

104

117
55

106 H

87

89

87
103
102

New Orleans Pontchartrain Bdge
let s f 7s 1946
M&S
New Orleans Pub Service Co—

9H

10M

1st & ref 5sl952 series A
A&O
1st & ref 58 1955 series B—J&D

87 M

5s stamped

85

89

63 M

66

Inc 6s

Nov 1949 ser A

J&D

Newport & Fall River St Ry—
4Mb 1954
J&J
Newport Gas Lt 5s A 1961--J&D
Newp News & Hamp Ry G & E—
,

1st & ref 5s 1944

J&J

88

f

1st g 5r Nov 1 1938

99 M
100
99

100M
102

X

—

69

mm

—

_

74

M&N

70

73

N Y Cent Elec 1st 5Ms '50-M&S
1st 5s 1952
J&J
N Y &
East
River Gas—See

85

99 M

95

N Y G E L H & P—

New York Edison Co—

1st g 5s Dec. 1 1948

102 M

103

J&D

123 %

Pur mon coll tr 4s 1949---F&A
Ed El 111 N Y con g 5s '95 J&J

114 M
132

New Amster Gas 5s 1948—J&J
NY & ER Gas 1st g 5s 44—J&J
Con 5s 1945
J&J

116M
111M
111M
105 H

NY&Weetch Ltg 4s 2004
J&J
Deb g 5s 1954 op guar—J&J
N Y Power & Light Corp—
1st mtge 4Mb 1967
A&O
N Y & Queens Elec Lt & Pow—
1st & cons M 3 Ms 1965-M&N
New York Rys Corp—

.

Prior lien 6s

stpd 1958

J&J

Adl income 6s Jan 1 1965—Apr
Bleeck St & F F 1st 4s '50-J&J
B'way & 7th Ave 5s 1943. J&D
N. Y. & Richmond Gas Co—
1st ref M 6s 1951 ser A—M&N
N Y State El & Gas Corp—
1st mtge 4s 1965
F&A
1st M 4 Ms 1980
M&S
1st 4Mb 1960
M&S
New York State Rys—
1st con g 4Mb *62 op '13--M&N
Certificates of deposit
1st con 6 Ms 1962
M&N
Certificates of deposit...

t Called April




1

at

107M^

98 X

100

98M
99

21

21
10

60

J&D f

113

103 M
103 H

124M
114*
U8M
113

113

107

91

1st M coll tr 5M8 '53 ser A.J&J
con 4s '65 M&N

Ohio Edison 1st &

1st mtge4s 1967
M&S
1st mtge 3^s 1972
J&J
Ohio Elec Pow 1st M 5s '57 J&D
Ohio L & Pow 1st 5s 1944--M&N
Ohio Pow 1st & ref 5s 1952 B J&J
_

1st & ref 4Ms 1956 ser D.J&D
Deb g 6s 2024
J&D
Ohio Public Service Co—
1st mtge 4s, 1962
F&A
Ohio River Bridge & Ferry—

1st

5s 1942

106M
8

65

52
60
86

107" Sept 23
87 M

98M
46

100
50

22

95 M

Ohio Valley Gas Corp—
1st 6 Ms 1943 (with warr)

25

90

104k
100
91

67

69

99

100
100 M

%

82

106
105

108

103

103 M
100

113M

115

Ltg Corp deb 4 Ms 1945. A&O

104

105

9

11

Pac

Pacific Northwest

Conv deb 6s

M&N

1st M 5s 1948

9

ser

A

F&A

1st 5s series B 1949
F&A
Oklahoma Ry 1st & ref 5s '41 J&J
Income 5s 1990
Apr 1 /
Old Dominion Pow 5s May 15 '51
Omaha & Coun Bluffs Ry & Br
_

72

73

85,

87

86

89

1st

93

s

f 6s 1947

A&O

Omaha & Council Bluffs St Ry—
1st extd 4s 1947
J&J

104 M

97

105M
105M

3 %

3X

56

1st

extended

104
104

Non-cum inc deb 6s 1950-M&N
Penn Central Light & Power Co—
1st & ref 4 Ms 1977
M&N
1st

5s

80

f

90

75

'44M&N
Light Co
6Ms 1950-.M&N

77

27

32

74

79

M&N

78

80 M

5Ms 1960
-F&A
Penn-Ohlo Edison Co—
Deb g 6s 1950 ser A ex-w_M&N
Deb 5 Ms 1959 ser B
F&A
Penn Pub S 1st 6s ser O '47-M&N
1st & ref 5s series D 1954-J&D
Pennsylvania Electric Co.

84

87

1979

coll

1st & ref 4s 1971 ser F
1st & ref 5s ser H 1962

M&N

A&O

Pennsylvania Gas & Elec Co—
1st 1 & ref 5Ms '55 ser A..M&S
1st L&Ry 5s 1958
M&S
Pennsylvania Gas & Elec Corp—
Deb gold 6s 1976 ser A
M&S
Pennsylvania Pow & Light Co—
1st M 4Mb 1981
-.--A&O
Pennsylvania State Water Corp—
Penn

Telep 1st M 4s 1965..A&O

Penn Water 1st 3 Ms A '67--F&A
s f 5s '40. J&J
1st r«f 4 Ms 1968 ser B.
-M&S

Penn Water & Pow

ser

80

85

75

80

100

102

92

95 M

Peoples Light & Power Corp—
1st lien 5 Ms 1941
J&J /
Conv deb 5s 1979
J&J /

92

62"

64

67

70

94 M
84 M

105M

94 %
,

86

406 M

QQ

106 M

107"
107 M
72

83

55

58
15
116
109M
82 M
85

112

114M

72
6M

74

49

3-6s 1961

M

62

50
Peoples Gas (N J) 1st 5s '68-J&D
lstsf 5M81960
53
J&D
Peoples G & Fuel 6 Ms ww'37 A&O / 10
People's G L & Coke, Chicago—
1st cons g 6s 1943
A&O
Refunding gold 5s 1947-.M&S
108M
1st & ref 4s 1981 ser B
J&J
1st & ref mtge 4s ser D *61 -J&D
Mutual Fuel Gas g 5s' 47 M&N

81

IVA

A *67-F&A

51

-J&D

7

96

Peoples Tract—See Phila R T
Peoples Water Service (Md)—
1st lien 6s A 1949 w w—F&A

I960--.-

72

.

98

1st consol 4s 1948—
Prior lien 5s 1948
1st con 5s 1948
1st & ref 5s 1950

M&N
M&N
M&N

F&A

Philadelphia

68

i04M

91"

Duqueqpe Lt 1st 3Ms '65.J&D

2d Ave Tr 1st 5s 1934
J&D
So Trac 1st & coll tr g 5s'50A&0

1997
con

ctfs__J&J

5s '38-J&J

Philadelphia Electric—
1st & ref mtge 3 Msl967—M&S
Philadelphia Elec Power Co—
1st mtge
5Ms 1972
F&A
Phila & Garretsford St Ry—
1st 5s 1955.

F&A

Philadelphia Rapid Transit—
Coll tr g 5s 1957 opt s f
F&A
S f guar 58 1962
M&S
6s gold 1962.
M&S

101H

—

-

96 H
84

97 M
87 M

1st

70

73

Hest Mantua &

52

5§"'"

1st extd 5M»193§
Market Street Elev

10

14

43

45

72

m r e

J&J

6s 1944

Darby

Media &
1st 4Ms 1936

Ches

St

Fairm

1st g gu 48 1955
Union

65

51

112M

::::

99"

io5m

53

M&N
Pass Ry
M&N

People's Traction Co—
P P Ry tr ctfs 4s '43-F&A /
Union Traction 4s 1952.J&J

113

n

32

108M

80

85"

26

28

W*
26

29
28

28

105 M

112M

113

35

38

73

77

60
68

73"

81

86

17

20

50

55

85

88

Traction—

113M

k Last sale.

28

10oly*
80

—

Ry
J&J /

Elec & Peo 4s tr ctfs '45.A&0 /

Ontario Transmission Co Ltd—
1st gu g 5s '45 opt bef '16.M&N

80

98 M
104

Company—

Secured gold 5s 1967
J&D
Ardmore Street 5s 1958—A&O

West End Trac

66

87

'

Peoria Water Works Co—

United Trac 5s

/ This price includes accrued interest.

59

103 M
103 H

Ref mtge 3 Ms ser C 1966-J&D
Parr Shoals Pow 5s 1952
A&O
Paterson & Passaic Gas & Elec

3%

5 Basis.

M&S /

1950

Duquesne Trac 1st 5s '30-J&J
Pittsb Rys 5s 1953
A&O

40
20

Ontario Pow 5s '43 op to '13-F&A

3M

Serv—

Pacific Power & Light Co—
1st
Ms 1955
F&A
Pacific Teleph & Telegraph—

Oklahoma Power & Water

35

Pub

99 H

Debenture 4s 1950
84

115

65

J&J

Ohio Valley Water 5s 1954
J&J
Ohio Water Serv 5s A 1958-F&A

Conv deb 5s 1946

107 H

4s

94

116

114M

1st & ref M 3 Ms ser H '61 J&D
1st & ref M 3 Ms ser 11966-J&D
Pac L & P Co 1st 5s 1942...J&J

Peoples Telep (Butler, Pa)—

J&J

—

Ohio Term (Oleve) 6s 1947.-J&D /
Ohio Val Elec Ry 1st M 5s '46J&D /

Oklahoma Gas & Electric—
1st mtge 3 Ms 1966
J&D
Debentures 4s 1946
J&D
Oklahoma Natural Gas—
1st mtge 4Ms ser A 1951 _M&N

106

106 H

J&J

7 Ms 1938

113 M

105 M

Ohio Cent Telep 1st 6s '47
Ohio Cities Water Corp—

34

83

Pacific Gas & Electric Co—
1 st & ref M 6s 1941 ser B-J&D
1st &ref M 4s ser G 1964.-J&D

Penn Wat Serv 5s

—F&A

50
38

31

1st coll trust 4Ms 1966--M&N

9M

6M8 wth stock 1947
J&D /
40
104 M
Ogden Gas 5s 1945
_M&N
Ohio Assoc Telep 4 Ms 1966. J&D
99

104

M&N

1st 1 & ref 3 Ms ser D 1965. A&O
1st lien & re* 3 Ms ser E'66 A&O
N Y Gas Elec L H & P Co—

98M
97 M

Ocean City Coastal Highw Bdge—

104

M&N
New Rochelle Wat 5 Ms '51-M&N
1st 5s series B 1951

87 %

101

Union El (Loop) 5s g'45_.A&O

956
19
ec 7s 1946
Oberpfalz Elt

Newp News & Old Pt Ry & El

Newport Water 5s 1953

97

129
124

123

Northwest Louisiana Gas—
1st M 6 Ms 1936 with warr.J&C /
7
Northwestern Electric—
1st 6s stamped 1945
103 %
M&N
Northwestern Elevated (Chic)—
1st mtge 58 1 941 opt
M&S

Deb 5s

101M

45

34

Penn-Jersey Water—

128

Certificates of depositNorthwestern Pub Serv Co—
1 st M 5s ser A 1957
J&J
N'western Telog 1st 4 Ms '44. J&J k
Northwestern Utilities, Ltd1st ref 6-7s ser A 1949
J&D

....

101

100

5s 1942.-.J&.1
Refunding 5s 1961
M&S
Los Angeles Pacific Co—
1st ref g 4s 1950 opt '15--J&J
Los Angeles Pacific RR—
1st & ref mtge 5s 1943-M&S

1st

Nova Scotia Light & Power Co—
1st M s f 4s 1957
J&D
NY PA NJ Utilities—

87

J&J

107 M

88*
87

/
/

....

99

Pacific Elec Ry g

,

102

75

Northern N Y Utilities Inc—
1st lien & ref 7s 1946 A
M&N
1st lien & ref 6s 1947 B—M&N
Northern Okla Gas 1st 5s '46-J&J
Northern Penna Power Co—
1st & ref 5s 1956 ser A
J&D
1st & ref 5s 1962
A&O
Northern States Power Co—

New Mexico Power—

101

5s
1964
J&J
Paterson Ry—See Pub Serv Corp

95M

Northwestern Light & Power—
6s series B 1950
-F&
Northwestern Power Co Ltd—

99

106

Pecos Valley Gasext6 Ms
Pecos Valley Power &

100M

50

A&O
(Minn)—

1st mtge 4s 1961
J&J
Ozark Power & Water Co—
lstsf 5s 1952
M&S
Pacific Coast Power 5s 1940-M&S

83

58

M&N

106

85

45M

N J & Hud Riv Ry & Ferry—
1st gold 4s 1950
M&8

100

119

56

115

98

105

116

44
19

114

Ottawa El Ry 4 Ms *48-*55-J&J
Ottawa L H & Power—
Ref & coll tr 5s 1957 ser A.A&O

35

100

f g 5s 1940 opt
Utilities Co—

toM«f

72

consol gold 5s 1949
._M&S
Paterson & State Line Traction—

101

s

'

49

83

105M

30

F&A

Coll tr

Ask

67

J&D

A

Refmtgle3MsserB 1966.-A&O

1st lien 4-6s 1968.
M&N
S freg Income 3-6 Ms May 1 '69 /
N'west Cities Gas 6s 1949
J&.< /

115M

1st mtge 5s 1958
.J&J
New Orleans City & Lake—
1st s f 5s 1943
—J&J
New Orleans City RR 5s'43 J&J

35M

Northern

98 M

5s 1951 M&N

9^

19

112M
114M

106

103 M

J&J f

J&J

N J Pow & Lt 1st 4Mb '60—A&O
New Jersey Water Co—
1st mtge 58 1950
F&A

74

123 %
122 M

A&O
M&S

J&J /

1st & ref M 3Ms 1967—-F&A
Northern Texas Elec Co—

102 M

J&J

97
45

Service—

1st & ref 5s 1969 ser D
M&S
1st & ref M4Ms 1970ser E J&D
Nor Indiana Telep 4 Ms '55-M&N

76 M

J&D

Public

North Ind Gas & El 6s '52--M&N
Northern Ind Pub Serv—
1st & ref 5s 1966 ser O
M&N

120

103 H

34M

103

5 M« ctfs of deposit 1961
N'eastern Wat & El 6s 54

101H

M&N

101H
102 M

101

Northeastern

ser

-

70
1956.
J&J
North
Boston
Ltg Properties
102 %
3 Ms secured notes 1947
A&O
North Carolina Gas 6s 48--M&N f
2M
North Central Gas 5 Ms 1955 A&O

70

39M
39 M
39H

35"

S f deb 5 Ms

95

102

J&D

1942

Oft h/.

voys

100 %
102 M

North Penn Gas Go—
1st M & lien 5Ms 1957—M&N

118

116

—M&N
Convertible deb 5s 1962
J&J
New Engl Pow Assn 5s 1948-A&O
Deb 5 Ms 1954
J&D
New England Power—

conv

61

North Shore Electric Co—
1st & ref g 5s '40 op *20—A&O 1107 M
North Shore Gas Co of Illinois
Joint 1st mtge 4s ser A '42. J&J
82

119

Newcastle (City of) W 5s *41 J&D
New England G & E Association
Deb g 5s 1947
M&S

New Mex Gas

62

55

Deb 5Ms 1963 ser B —-F&A15
Deb 5s Nov 15 '69 ser O M&Nl 5
Nor Amer Gas & El 6s 1949-.J&J /
North Amer Light & Power Co—

92

GELH&P
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

4Mb 1983

53

Deb 5s 1961
F&A
North American Edison Co—
Conv deb 5s 1957 ser A__M&8

69 M

1941
J&J
New Amsterdam Gas—See N Y

_

108 ys

(Hoboken, N J) 5s 1938—A&0

109

112

Deb 6s July

1st & ref 4 Ms B 1970
1st & ref 4Mb C 1981

106M

North Hudson Lt H & P Co—

45

1st M 5s 1957

Otter Tail Power Co

105 %

North Continent Utilities Corp—
1st coll & ref 5Ms '48 ser A-J&J

82
63

1952 series A
1st 4 Ms 1961 ser B

78

_

102

Bid

BondH

Orange & Pas Val R—See PS Corp
Oregon Elec Ry 5s '33 opt--M&N f
Oregon-Washington Water Serv—

Ottawa Valley Power Co—
1st M s f 5 Ms 1970

106M

North American Co.—

Nat Elec Pow Co deb 5s 1978 J&J
Nat Gas & El Corp 5s 1953.F&A

1st 58

106

See N Y Gas Elec Lt & Pow

Mutual Un Tel—See West Un Tel

.

104 M
104M
104 M

76

Niagara Falls Power—
1st & ref 3 Ms 1966
M&S
Niagara Lockport & Ont Power—
1st & ref 5s 1955 ser A
A&O
Nippon Elec Pow Ltd (Japan)—
1st mtge 6Ms 1953
J&J
Norf & Ports Bdge 6Ms '47—F&A

ff S*

Narrangansett Elec Co—
1st mtge 3 Ms 1966
J&J
Nashville Gas & Heating Co—
5s 1937 (not guar)
M&N
Nashville Railway & Light—
Cons g 5s 1953 opt 1908
J&J
Ref & ext gold 5s 1958
J&J
Nassau El RR—See Bklyn Queens
Nassau & Suff Ltge 5s 1945--F&A

3 MR series A 1961
New England Tel & Tel—

Ask

103M
105M
105M

1st M 5s 1951 ser A
M&N
N Y & Westchester Lighting—

2d income 8s Dec 15 1969
/ 19
Mountain States Power Co—
1st & ref 5s 1938-r
J&J
65"
1st M 6s 1938 series B
J&J
Muncie Wat Works 5s 1965.M&N
105

Conv deb 6s 1948
Conv deb 5s 1950

M&N
M&N
M&N

taxex.M&N
Ref mtge 3 Ms ser B 1967--J&J
N Y Water Service Corp—

104

Morgantown Water 5s 1965--J&J
Mount Hope Bridge 5s 1969_J&D

Municipal Gas &E1 Corp of
Reckinghausen 7sl947
J&D
Municipal Serv coll 6s 1956.F&A
Mut Fuel Gas-See Peoples GL&C

Bid

104M

Bonds
N Y tteam 6s 1947
Lt M 5s 1951
1st M 5b 1956
N Y Tel 1st 4Mb '39

Nominal.

5M

10
80

7
14

April, 1938]

UTILITY

PUBLIC

77

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
Phlla Suburban

1st s f 4s 1965
M&S
Phlla & West Chester Traction
1st 4s 1954
J&J

105M

~7~~
55
95

Pinellas Wat Co 5Ma 1959.M&S
Pitts Canonsburg & Wash 5s 1937

Plain field

St

60

Gen M 434s May
1st s f 4s Oct 1945

101
'

103

75

106
90

100

20*4

Henry LII & P 1st 5s '46.F&A

Portland

Elec Pow 6s 1950.M&S
Portland (Ore) Gas & Coke—
1st & ref g 5s *40 opt '20.-J&J

9M
47

A&O

2334

1034

49

8*

104

45

85

10334

106

107

10734

1071

10034
106M

6s

2134

30

28

2934

San

103
99

8734

105
105

10034
9834

102

135

J&D

136

9534

102

1947

69

111

104

10434

102

109

10834
10434

J O Hob & Pat 4s 1949.._M&N

20

21
2

Orange & Passaic Valley—
1st 5s 1938
J&D

9534

106

5

9934

10034

104

107
105

107
7

5

85

9934

6934
6934

71

7134

66

69

A&O

47

50

M&N

13

15

1 st M g 5s 1939 opt 1914—M&S
Seattle Gas 1st 5s 1954—
A&O

99

100

II834

52

54

1st & ref g 5s 1956 op *21—A&O
1st & ref 5s 1966 series O.M&N

11134

Seattle Lighting Co—
1st 5s 1944

1st & ref 434s 1978 ser D.M&N
1st & ref 4Mb 1980 ser E.J&J

10334

Guar g 5s Marchl

.1953.M&S

Public Service Co of Nor III—

1st & ref 4Mb

1981

ser

Income

90

_

F.A&O

1st 1 & ref M 4 M ser T '60.J&J
Public Service Co or Oklahoma

103

U134
10534

102-

104
105

101

10234

10434

105

98

P Serv of Penn 1st 534sA'53_J&D
Consol Corp—

38

42

59

6034

9934

99

Public Utilities
M

M&S
Secured conv 6s 1938.—-M&S
1st coll 4-5Mb 1948
A&O

32
60

Puerto Rico El Pow 4s to '56.J&J

103

Puget Sound Navig 6s 1938.M&N
Puget Sound Power & Light—
1st & ref 534s 1949
_J&D
1st & ref 5s 1950 ser O—-M&N
1st & ref 4Mb 1950 ser D.J&D
Puget Sound Tel 5s A 1952.J&J
Quebec
Power—
1st & coll 4sl962—
M&S

95

5Mb

1948

Queensboro Gas & El 5s '52.J&J
Conv g deb 534s *52 ser A. A&O
Quincy El Lt & Pow 5s A'47 M&S
Rapid Transit St Ry 8s 1941. A&O
Republic Nat Gas 1st 6s 1954J&J
Republic Service Corp—
1st coll trust 5s 1951
J&D
Rhine-Ruhr

Wat

Serv

Extl deb 6s 1953

6O34

If*
96

—

2634

97
83

"

98"
56
25

32

...J&J

95
64

68




67
70

100

Jl J
93
Rochester Central Power Corp—
Deb g 5s 1953
M&S
Rochester Gas & Elec Corp—
Gen mtge 4Mb 1977ser D.M&S
11834
108
5s series E 1962
M&S
Gen 3 lis series H 1967—M&S
10834
Rochester &
Lake Ontario
Water 5s1938
M&S
99
Roch Ry cons 5s g 1930
A&O / 40
21
2d 58 g 1933 ctfs of dep—J&D /

b Basis.

Southwestern

notes 1935
A&O
Certificates of depositDebenture 6s 1951
.F&A

6%

Southeastern Gas & Water Co—
1st lien 6s 1944
J&D

98"
72

10834

99

98

r

103
100
101

5434

69

82

87

21

1st M 4Mb 1970....
Sutter Butte Canal 634s

M&S

Debenture
M&S
Ref mtge 3 34s May 1 I960-J&J
Ref mtge 3 34s ser B 1960—J&J
Southern California Gas Co—
1st & ref 4Mb 1961
M&S
1st M & ref 4s Aug 1 '65. F&A

58

A&O

1961

92

94

98

9934

1953

F&A
M&N

1st M 5s 1943

9834"

106

Ref s f 6s series A 1955
Tennessee Electric Power—
1st & ref 6s 1947 ser A
J&D
1st & ref 5s 1956
J&D

Tenn Pow gu 5s

57

62

38
38

3734
40
38

3634
47
43
42

10

15

10134
105

10434
9734
116

12134
13
2

5334
81

76

65

7234

1962 opt__M&N

1st & ref 5s 1970
Terni Hydro Elec 634s

A&O

68

72

6234

103

50

102

Terre Haute W

W Corp—

1st M 6s 1949 ser A__

103

1st M 5s 1956

ser

B

J&D
F^cA

Texarkana Wat 1st 5s *58__F&A

7534"

74

10234

10334

10634

108
104

103

10334

10334
10434
10434

104

10334

Texas Cities Gas 1st 5s '48.-M&N
Texas Consumers Water—
1st 6s A 1939
—A&O

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 Hydro Elec Corp—
1st mtge 6s ser A 1956

Texas Pow
General

10634

10634
10734

107
89

106

92

Corp 6s 1956
634s

1956
Texas Power & Light—
Deb g 6s 2022 ser A

»

J&J
J&J

Nominal,

r

Canadian.price.

103
101
101
87
8
2

2

J&J
A&O

26

M&S

24

A&O

63

M&S

84

M&S

63

J&J

1st & ref 5s 1956
M&N
Texas Pub Serv 1st 5s (w-s) 1961.
Texas Traction Co 5s 1937.-J&J
/

44

k Last gale.

65

78

1953.F&A

104

A&O

99

78

Terre Haute Traction & Light—
1st con M g 5s 1944
_M&N

Corp.

A&O

52
63

Tennessee Public Service—

23

/This price includes accrued interest,

10534

Tennessoe Eastern Elec Co—

9734
9734
10234

Calif Water—

434s 1962

M&S
M&S

'43.M&S
Syracuse Gas g 5s 1946
J&J
Syracuse Lighting 5s g 1951-J&D
Syrac Rap Tr 1st g 5s 1946.M&S
2nd mortgage 5s 1930
J&J
Taiwan El Pow s f 534s 1971 _J&J
Tampa (Fla) Gas 534s '56
A&O

M&N
Temescal Water 1st 5s A '60 M&N

60

Southern Bell Telep & Teleg—
3 Mb debentures 1962
A&O
Southern California Edison—
1st & ref mtge 4s 1960
M&S

A&O

Suburban Lt & Pow 6s 1938-F&A

28

Southern Canada Power—

10134

65

2134

A&O

Telephone Bond & Share Co—
Deb 5s 1958—
J&D
Telephone Service (Ohio)—

38

1st M 434s 1960

33

116

Steubenville Wellsburg & Weirton

1st 4 34s 1968

103

57

Southern

102

Super-Power Co. of 111—
10234
10234

90

334s 1940
334s 1945

104
105

38

102

36

Debenture

45

Debenture 6s 1966
J&D
6%conv notes 1935
J&J
Certificates of deposit
Standard Power & L Corp—
Deb g 6s 1957
F&A
Standard Public Service Corp—
1st lien 68 series A 1948
F&A
1st lien 6s 1948 ser B
J&D
Standard Telephone Co—
1st 1 coll tr 5Mr '43 ser A.M&N
Conv deb 6s 1938
.—M&N

Ry 1st 5s 1951

J&D

1941

g

49

10334

Stewart Mt Pr—See Salt Riv Vail

10234

S'eastern Indiana Pow 6s '43 M&N
S'eastern P & L deb 6s 2025-M&S

10434

Valley Gas Co—
...A&O

Called July 1 at 402.

M&N

South Pittsburgh Water Co—
1st lien & ref 5s 1960 ser A. J&J
1st lien & ref 5s 1960 ser B. J&J
1st M 5s 1955
F&A

x-w

9634
9534
55

5s

1st lien & ref 5s 1957
J&J
South Jer G E & T—See Pub Serv

1st lien 6s

10234
100

93

1st

J&J
J&J
J&J
Sioux City (la) Serv 6sl951_J&J
Somerset Lighting 5s 1939..F&A
Somerset Un & Middlessex Ltg—
Mtge g 4s Dec 1, 1943
J&D
South Bay Consol Water—
1st ref 5s 1950

1938-1945..M&N

Southwestern Public Service Co—
1st M s f 6s 1945 ser A
J&J

30

10434

1st & ref 5s 1960 ser A
105
M&S
1st 534s ser B 1957.
M&S
10234
Silesia Elec Corp s f 634s'46 .F&A f
23

Serial deb 3s to 1941

35

Roanoke W W 5s 1950

a

56

25

F&A

1951—F&A
Ry & El 5s 1953—F&A

Shenango Val Water 4s B'61 A&O
Shinyetsu Elec Pow (Japan)—
1st sink fund 634s 1955—J&D
Shrevp't Bdge & Term 5s'55.F&A
Shreveport Rys 1st 5a *38-44.J&J

Sioux City Gas & Elec Co—
1st mtge 4s 1966

3434

1st mtge 5s 1950
Roanoke G-L 5_34s
Roanoke

62

25

A&O

Cons 6s 1955
7s extended 1941

6s 1946. M&S
Shawinigan Water & Power Co—
1st M&col s 14348*67 serA A&O
1st coll tr 4Mb '68 ser B.M&N
1st coll tr 4Mb ser D '70.A&O
1st coll tr 4s ser F 1961—A&O

105

South Carolina Power Co—

54

J&J /

Richmond (Ind) W W Corp—
1st M 5s 1957
-M&N
Richmond (S I) Lt & RR—
1st coll tr g 4s 1952

62%

117

104
96

103

58 1949
/
Second Ave Trac—See Phila Co—

Serial deb 5s 1942-46

79
111

Ser deb 4s A

Southwestern Light & Pow Co—
1st M 5s 1957 ser A
F&A
1st M 5s 1957 ser B
F&A

Sierra Pacific Power Co—

10214

Rhine-Westphalia El Pr (Germ'y)
Mtge g 7s 1950
M&N
Direct mtge 6s 1952..
M&N
Con mtge 6s 1953
F&A

Rio Grande

62

Union—

—

M&S

Seneca Power Corp

1st mtge 4s8er A 1966
F&A
Serial debs4s Feb 1 1946-F&A

1st

3sApr 1 1959

Seattle-Everett Traction—

95

10734

Stettin Pub Util 7s 1946

9834

A 5s'59_A&0

Paterson Ry—
2d 6s *14 ext 5% to '44. A&O
So Jersey Gas El & Trac—

7

Standard Gas & Elec of Delware

103

11134

ser

ser

6

48

4834

Telep—

109

10434

101

J&J

4s series B1959

70

9034

105

10334

D—Q-Jan
1st & ref M 58 ser F 1955.M&S
Savannah Elec Co 5sg '52. J&J
Sayre (Pa) Elec 5s 1947-—A&O
Schenectady Ry 1st 5s Mar 1, *46
Scioto Val Ry & Pr 1st 6s *43-J&D

Scranton Trans

80

A&O

States Telep Co—
1st M 6s 1948
M&S
Spokane Falls & Nor 6s 1939.J&J
Spokane Gas & Fuel 5s 1944.F&A
Spg Br'k Wat 1st ref 5s '65.-A&O
Spring Val Util ref 6s 1943.-J&D
Springfield City Water—
1st mtge 4s ser A 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

130

1st & ref 5s series B1961.F&A

52

80

Southwestern Power & Light—
Deb g 6s 2022 series A
M&S

102

M&S
Scranton-Spg Brook Water Serv—
1st & ref nis 1967 ser A
F&A

7.8

23

Co—

Southwestern Gas & Elec Co—
1st 48 series D 1960
M&N

104

1st 434s 1958

10134

J&D
J&D

A 1932

ser

Southwestern Assoc Telep
1st M 5s 1961.
Southwestern Bell

10934

Scranton Gas & Water Co—

Ry—

1st g 5s Dec 1, 1950—J&J
Ellz & Raritan Riv 5s *54.M&N

'62.A&0

105"

102

Savannah Elec & Power Co—

1st & ref 4s

s

Conv deb

105

10234

66

65

1st 6s series C 1947
102

5234

Power Co—

f 6s 1954
M&N
S'west Pub Serv 634s 1937..M&S f
Southwest Telep 6s B 1947.M&S

112

A&O

Savannah & Atlanta Ry—
1st cons 6sMay 1 1935

102

Elizabeth & Trent 5s

98

9134
70

23

1st M 534s May 1, 1960..M&S
Southside Va Pow 5s 1956—F&A
Southwest Gas Co (Okla)—

110

Ry debenture 434s 1943--J&D
Sauda Falls Co Ltd—
1 st sf 5s 1955 ser A

10634
10634

Consolidated Traction—

Extended 5s 1938.-.
Ellz Plainf & Cent Jersey

Certificates of deposit-.
Non-cum 6s (ws) 1951
Southern Utah

Sandwich Windsor & Amherstb'g

8634

II'45 A&O

ser

f 6s 1942—A&O
Southern United Gas Co—
1st lien 6s 1937 with warr.A&O
s

104

1st mtge 334s ser A 1961—J&D
Santa Barb Tel 334s ser C6B J&J

105

1946.J&J

5s

77

10-year coll

9934
9934

^

10434

M&N

1st

10434
9834

M&N
Joaquin Lt & Power Corp—

104

6% perpet—M&N

Sub

Southern Trac—See Phila Co
Southern Union Gas—
1st & ref 534s series 11945 A&O

10434

Unif & ref 6s 1952 ser B__M&S

103 34

Public Service Corp of N J—

Camden

a

72

124

1st & ref inc 5 Mb

114

Corp—

1st & ref M 3 34s ser B *64. J&D

10234

Public Service Co of N H—

Trust certs

«r

111

Bay Toll Bridge—"57..M&N

San Jose Water Works

Pub Ser of Indiana 6s 1952.F&A

1st mtge 334s ser O 1960— F&A
1st mtge 3 lis ser D '60—M&N
1st 3 Mb series E 1961
F&A
1st 3 lis series F 1966
J&D

100

10134

99

1st M sink fund 634s
Deb s f 7s 1942

105

F&A

1946

100

9934
10034

J&J
1st & ref 5s 1958 ser B_.—J&J
San Antonio Tr 1st 5s "49.-M&S
San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965—M&N
San Diego Co Wat 6s A '62.M&S
San Diego Water Supply Co—
1st m s f 5s 1955
M&N
San Francisco

Public Service Co. of Colorado—

Deb

99

1st ref 68 1952 series A

Public Gas &Ooke 5s 1952—J&D

O 1961—M&N

110

92

Adj mtge inc Jan 1 6s '60.A&O
1st M pipe line s f 4 34s '61 A&O
Southern Neb Pow 534s B'47 J&J
South N E Telep 1st 5s 1948-J&D

San Antonio Public Service—

1034

10334

ser

10934

San Angelo Telep 1st 5b 1958 F&A
San Antonio G & E 5s 1949.M&S

83

102 M

1st & ref 6s 1953 series A.M&S
1st & ref 534s '54 ser B—M&S

Saguenay Elec 534s A 1953 J&J
Saguenay Power 4Mb A 1966 A&O
1st 434s series B 1966.... A&O
Serial notes 234~4s to'46.-J&D
St Clair County (111) Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—
1st & ref 5s 1946
J&J
1st mtge 434s 1947
__J&D
3-4 34s serial notes 1939-43-J&J
St Joseph Water 4s A 1966. -A&O
St Louis Co Gas 1st 5s 1951-A&O

94
101

61

Conv deb 5s ser A 1957—J&D
Power Secur coll tr 6s *49._J&D
Providence Gas 4s ser B 1963 F&A

1st & ref 6s

1979..—J&D

96

58"

102

& P 5s '46-M&S

lOl"

98

Gen gold 5s1944
M&S
Salmon Riv Pow gu 5s 1952 F&A
Salt River Val Water Users Assn
6s 1939-1943.
...F&A
Stewart Mt Pow 534s 57.A&O

102

10634

L H

100

Southern Natural Gas

1st

10034

Elec 6s 1954

Southern Gas Utilities, Inc—
1st M s f 634s 1939 ser A.M&S

40

96

106

Prussian

10334

103

1948— .M&N
A&O

95M

1st mtge 3 34s 1966
J&J
Power Corp of Canada Ltd—
Conv deb 4Mb 1959 Ser B.M&S

Provincial

105"

1st g 6s 1947 series A
J&J
Southern Counties Gas (Calif)
1st M 434s 1968
M&N

10534

Portland (Me) Gas L 5s A'50 A&O
Portland General Elec Co—
1st & ref 4 Ms 1960
M&S

1st M 4Mb 1961 series F
Potomac El Pow—

31

104"

5
102

101
1st M 5s 1938
M&N
102
Rome (Ga) Ry & L 5s *46.—A&O
Ruhr Gas Corp 634s *53 A ..A&O /
2634
Rumford Falls Pow—
„

9

1st mtge s f 4Mb

Pt

Postal Teleg & Cable 5s *53 _J&J
Potomac Edison Co—
1st mtge 5s 1956 ser E
M&N

Bid

Rockland Light & Pow—

10534
9834

1st M 5s exten to 1950
J&J
Portland (Me) RR 3 Mb 1951-J&J
1st 1 & con m 5s 1945—M&N
Porto Rican Power 6s 1950.M&N
Porto Rican Rys Ltd 5s 1962M&N
Porto Rico Telep 6s 1944—J&D

Bonds
Southern Cities Utilities Co—
1st lien & coll 5s 1958
A&O
Southern Colorado Power Co—

Ask

Safe Harbor Water Pow Corp—

Plainfleld-Un Wat 5s A '61.M&M
Platte Valley Telep 6s 1947-J&J
Pomerania Elec 6s 1953.-M&N

1st l'n & gen 4Mb 1940—J&J
Portland Gas Co 1st 5s 1951-F&A

Elec Co 1st 5s *39-M&S

38

33

J&J

Ry 6s 1942

RR—
1957.M&N /

5234

1st 6s 1954
J&J
Phila & Western Ry 5s 190O-J&J
Piedmont Hydro-El Co (Italy)—
1st & ref s r 6 34s 1960 ser A A&O

Pittsburgh Rys—See Phila Co
Pittsburgh Suburban Water Serv
1st 1 & ref 5s 1958
M&S
Pittsburgh Trac 1st 5s 1927-A&0
Plainfleid Gas & El 5s 1940—A&O

10634

Rochester & Syracuse
1st M conv 5s ctfe
Rockford

30

Bid

Bonds

Ask

Water Co—

9434
6434
234

78

PUBLIC
NOTICE—All

bond

prices

Quotations for al< securities

Bid

Bonds
Third Avenue Ry (New York)—
1st ref g 4s 1960 opt aft *14 J&J
Adl incg 6s Jan I960opt-_A&0
Thirrf Ave RR 1st 6s gr37-.J&J

Bonds

75

40

_

45"

Yonkers Ry 1st 5s 1946--A&0
Tide Water Power 1st 5s '79. F&A

34

39

70

80

Toho Electric Power
1st s f 7s 1955 ser

66

68

(Japan)—,

„

A.-.M&S15
Tokyo Elec Light Co (Japan)—
1st g 68 1953 series—J&D15
Toledo Edison 5s 1962
M&N
1st 4s

new

1942

106 M

i

Traction Term'l Oon> 5s '57—J&J

48"

Trenton G & El g 5s 1949.-M&S
Trent'n Pass Ry 1st ext 6s'61A&0

52

Troy Gas Go 1st 5s 1939--M&N

Conv deb

102M

-

45M

56 %

M&S
J&J
1st M 3 Ms ser I 1966
J&J
West Penn Tr 1st 5s 1960--J&D
1st M 5s 1963ser!e8 E
1st M 4s 1961 series H

103 M
40

Guar s f 7s 1952
1
UJlgawa Elec Power (Japan)lst M s f 7s 1945-M&S15

West Phila Pass

30

74

1st ext 3 Ms

75

Union Elec Co of Missouri—
1st mtge & coll tr 3 Ms 1962 J&
3% notes, 1942
J&
Union Elev RR—See N W Elev
Union Gas & El 1st ext 5s "40M&
Union Gas Co. of Canada—

106 M
102
90

107 M
102 M

35

45"

94

96

102

|s(Me)6s

J&J
A&O

BOM
99
60

Westmoreland

106
62
69

1st M

s

68

17

19M

25

67 M

68

Unlt Trac (Pgh)—See Phila Co
Untereibe Power & Light Co—

)/

95M
101M

68

79

77 M

95

72 M

123

121

124

2

45
45

7
23
20 M

ser

ii*

\

105
104 M

62

107 M

103

57

81

102 H
106

105

83 M

103 M
106 M
105 M

110
86 M
92

104 M
45

§1*
94
105 M
47

(Pa) Gas 1st 5s 1941.M&N

62 M
63

67

67

♦

51
43

53
45

*

39

41

*

65

70

Allegheny Traction—See Phila Co
Allentown Beth Gas pref
50

$6 preferred

95"

Amer & Foreign Pow com

I

45

48

43

46

Warrants

32

34

I




a

*

$7 preferred$7 second pref series A
$6 cum pref

1955-.

No par value

56

59

Telegraph—See

Industrial Stocks.

49

Called June 1 at 105.

6 Basis.

/ Flat price.

*
*
*

Y

.in

19

112

Boston Elevated Ry com----100
Brazilian Tr Lt & Pow ord----*

49

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Corp A

109
7 M

25

*
--20

32M

.__*
»

I'M"
4

t C--25

130

5M
t

16 H
1

.

3M
10M
18M
91

Wireless Ltd—

dep

rec

7M% A ord._£l
£1

Amer

dep rets 5M% pref—— £1
Jallf-Oregon Power Co—
6% preferred series of 1927 100
6% breforred
100
Oaiif Water Serv 6% pref
100
Oanada Nor Pow com
Canadian Marconi

*
1

Capital Transit (Wash, DC) 100
Carolina Pow & Light $7 pref --*
$6 preferred*
Cent Arkan Pab Serv Corp pf 100
Central Elec and Tel com
6 % preferred
Cent Hud G & El com--.

1
50
*

4M% preferred

100

Cent Indiana Gas 6M% pref-lOQ
Cent Indiana Power 7% pref 100
Central Maine Pow $6 pref
100

$7 preferred

47
47

77

18

%
6M
65
60

80

21*
isr
AlH
12M
60 M

100

71M

100

75

Cent Ohio Lt & Pow 6% pf
*
Central Pow & Light 7% pref 100

55

6% preferred

—_„__100
com

Preferred

Alabama Water Service pref

46

48

100

Blackstone Val Gas & El pref-100
Boston Edison Co..
100

5% preferred

102
116

PUBLIC UTILITY STKS.

L

52 M

Central N Y Power Corp—

Yonkers Ry—See Third Ave Ry

88

1942-1
Washington Gas & El Co—

43

-

Cent Illinois Light 4 M%
pref-100
Cent 111 Pub Serv $6 pref..

99M

97 M

75

•

._

Amer dep rec B ord

101M

90

Amer District

2M
115

$6 preferred.
-_*
Birmingham Gas $6 pref
*
Birmingham Wat Wks 6% pf-100

Amer

102 M

Yadkin River Pow 1st 5s '41 A&O

79

>a 107

100
150

Telephone (Canada)
100
Bell Telep of Pa 6M% pref —100
Beverly Gas & Elec
25
Birmingham Elec $7 pref--*

101M

60

York Rys 1st M t 5s '37 opt-J&D
5s stamped 1937
J&D

"Wabash Telephone—

105

*

com

—

24

84"

1st M 4Mb A 1956
Warren Ohio Telep 6s

108M

-

Brockton Gas Light Co v

70

$7 pref

4

72

-100

Class B

99 H

21

Alabama Power

l

6% pref-

Atlantic City Elec $6 pref---..
Bait Transit Co v t c

105

60

28

107 M

36
6

Bell

50

$5 preferred

5s

Atlanta Gas Light

51M

Cum income 6s (w s) 1952. J&D

York Haven Wat&P 1st 5s'5lJ&D

22 M

3%
23
35

*

-

Cable &

77 M

M

Class A

69

Wisconsin Power & Light—
1st mtge 4s ser A 1966
J&D
4s serial deb June 1 1938-1946Wisconsin Public Service Corp—

3

*
*
100

41

8

Virginia Public Service Co—

1st

Option warrants
Telep Co Ltd $1.25 pf

66
65

M&N

3M
3

*
*

104

1st & ref 8s 1944

r

2

»

Assoc Telep & Teleg $6 pref
$7 1st preferred

Cent & S W Utll

A 1955-M

1st & ref i

$4 preferred
$5 preferred
$6 preferred
S6M preferred
$7 preferred

40

Wisconsin
1st M 5s

%

*
*

J&J

A&O
Hydro-Elec Co—

52

1

J&J

A&O

-

2M

60

1

com

51M
48 M

Virginia Electric & Power—
1st & ref M 4s

Associated Gas & Elec
Common class A

90
102
56

York

>/
1/
»/

6% preferred

Beauharnois Power

102

1943

V*

*

*
*

53 H

104

5s

JX

27

*

53 M

23

Worcester Transit Association—
Cum income 6s 1952
J&D

2M

Utilities Power & Light Corp—
>/

1

50
common

-

74

Wyoming Vail P S 6s 1971--A&O

if

Common

70

65

20

O

2M
2M
4M

10

Preferred v t c
---100
Bangor Hydro Elec com
.25
7% pi ere. red
100
6% preferred
-100
Baton Rouge Elec Co $6 pf-*

104M

59

1st mtge 4s 1961
J&D
Wolverine Pow adj 4 Ms Mar 1 '59
Worcester St Ry 5s A 1947.J&D

11

8
119M

17

$4 preferred
100 M
88

101

77 M

Utica Belt Line Street Ry-

Utilities Public Service Co—
Conv 68 1933
J

91

2

*
*
*

Corp

Assoc

104 H

56

23

76

,

8Z*
86

2

99

100

Wisconsin Minn Light & Power—
1st & ref 5s 1944 opt '19—M&N
Gen & ref 7s 1947
J&J

78M

Utica & Mohawk Valley Ry—
1st 4 Ms 1941_
M&

99 M

'52--J&D

1947
A&O
Wisconsin Michigan Power Co—
1st mtge 3 Ms 1961
J&J

65

/

122

60

1st mtge 3 Ms 1966

Utah Power & Light Co—

Utica El L & P 1st 5s 1950- --J& r
Utica G & El ref & ext 5s '57 J&

100

M&N
M&N

5

3

75

Corp—

ser

92

*

com

Preferred
Arkansas Missouri Power—

101M

21

,

97 M

104 M

76

>f

69

M&S

Gen 4-58 series A 1965
Gen inc 4-5s ser B 1965

68

67 M
85

98 M

74 M

J&D

Winnipeg Elec 1st 4 Ms I960-J&J

94

107 H

90

-M&N

1st

22

United Tel & Tel 5Ms A '55
1st lien 6s ser B 1953--.
United Traction (Albany)-

107

Willlamsport Water Co
1st M 5s Aug 1952ser A-..F&A
Wilmington liv Bridge—

20

/

Edison

Brooklyn Edison
100
Bklyn Manhat Transit
*
$6 preferred series A
*
Bklyn & Queens Transit com
-*
$6 preferred-*
Brooklyn Union Gas
*
Buffalo Niagara & East Power—
$1 60 prior preferred-25
$5 1st pref
*

1st M 5s 1960

60 M
97

$6 1st preferred
*
Appalachian El Pow 7% pref -_*
6% preferred
*

Arkansas Natural Gas
Class A non-voting

121H

J&J f

6

*

6s 1954
Wise Fuel& Lt 1st 5s 1948-M&N
Wisconsin Gas & Electric—

67

28

/

25
com

110

5%to'4lM&N

f 6s 1953

M
2M

*

-

Wheeling (W Va) Electric Co—

69

66

6% preferred

Arizona

21

5s

8

common.

O iginal preferred

1st M 5s 1941 opt
M&N
White Plains Ltg 1st 5s *38--J&J
Wichita Water 6s 1949
M&S
1st M 5s 1956 ser B
F&A

f

Amer Utilities Service

112

Arizona Power $6 preferred

20

Wat

*

100

Telep & Teleg

118

Westphalia United El Pr (Germ)

1H

[/

38

100

19

6% notes 1937-—
15-year s f 6s 1952

United Pub Util Corp—

City & Sub Pub Serv 5s '34-J
United Securities Co—

34
98 M

59'

*

Amer Wat Wks & Elec

18

ser

Western Utilities

United Public Service Co—

United Railways of Havana—
Eq 7 Ms Feb 15 1936
Tl
United Rys of St Louis—
Gen g 4s July 1 1934
J

89

12
1

*

com

Arkansas Pow & Lt $7 pref--,

A
1st 5s series B 1957

106

67 M

ff

95

A&O

5M8 1955

Superpower Corp

American

49

25

-

76

A&O

Fdg & R E M 4Mb g '50—M&N
25-year g 5s 1951
J&D
30-year 5s Mar 1 1960
M&S

1st

com

First $6
preferred
Preferred $6 series

Western United Gas & Elec Co—

55

6hs 1933-

Amer

1967—J&J
Corp 6s '48 A&O

Mut Un 6s ext at

1

Utility

6% preferred

Western States Util 6s A '45-A&O
Western Union Telegraph—

56

Amer States

Arkansas Nat Gas
Class A

Western Public Service Co—
1st & ref 5Ms I960
F&A

_

*

Preferred

100

28*
il"

*
5 preferred♦
Amer Public Serv 7 % pref—.100
Auuerlcan Service $3 preferred- .*

62

M&N
M&N
1st 5s series B 1950
J&J
Deb s f 6s extd 1950
M&N
Western Pow (Can) 6s 1949--J&J

_

56

86

Amer Potve, & Light com
"6 p; pforred-

60

1st M 5Ms 1950
1st M 5s 1951

104 M

98 M
92

Western Cont Utll 6s 1944.-M&S /
Western Lt & Telep 5s 1954.A&O
97 M
Western Mass Cos—■
3 M % coup notes 1946
104
J&D
Western N Y Utilities 5s '46-J&D
107
Western N Y Water Co—

40

United Lt&R

9M
9M

M

-

-.25
25

55

4s 1948-1953

58

First lien 5Ms *51 ser A.M&N
100
Union Water Wks Co—
1st lien 5Ms 1942
M&S 15 / 12
Unit Elec Co of N J 4s '49--J&D
113M
United Elec RyB (Providence)—
Gen ref M 5s Jan 1951 ser A—
91
Gen ref M 4s Jan 1951 ser B_.
87
United Elec Serv (Italy)—
Extl 1st s f 7s 1956 ser A.-J&D
52 M
United Gas & Fuel (Hamilton)
1st s f 5Ms 1948
102
J&J
United Ilium Co New Haven—
1st 4s Feb 1 1940
F&A
105
United Light & Power Co—
Deb g 6 Ms 1974
55
M&N
1st 1 & consul 5 Ms 1959--A&0
98 M

8M

Gen mtge 3 Ms gtd
Westchester Serv

Union Ry—See Third Ave Ry
Union Traction—See Phlla R T
Union Water Service Co—

97

2M

*

50

Westchester Elec—See 3d Ave R
Westchester Lt 1st g 5s '50--J&1

97

1st $6 preferred
Warrants
American Light & Traction-

A&O

West Va Water Service—
1st mtge 48 1961

94

100 M

Union Gas System—
1st M & colls f 5s 1948—J&D
Union PasBBnger Railway—
1st 4s Mar 31 1961A&O
2d ext, 4s Mar 31 1960
A&O
Union Pub Serv (Del) 6s '39.J&D

105 M
102

107 H

*
*

69? preferred104 M
101

19

♦

$6 preferred

M&N

Bridge 3 M-6 Ms, 1960

97

-J&D

6.1""

West Virginia Ohio River

97

1st 4 M« 1950

55"
107
59

Ry—

1956

2d extended 1956
West Texas Utilities Co—
1st M 5s 1957 ser A

Bid

Amer Gas & Elec com-

Amer Gas & Power com

West Penn Elec deb 5s 2030-A&0
West Penn Power—

46 M

56

J&J

6Ms 1945

West Coast Telep 5s A 1953-J&J
West End St Ry—See Boston El
West End Trac—See Phila Co
West Ohio Gas 6s A 1954
J&D

3

101M

1939

104 X

Canadian Hvdro-Elec—
1st 6s ser A w w 1950
J&J

100

F&A
Twin City Rapid Transit Co
1st lien & ref 5Ms A 1952J&D
1st lien & ref 5 Ms B 1952--J&J
Twin States Gas & Electric—_
1st 1 & ref 5 Ms 1945 Ser A.B
Tyrol Hydro-Elec Pow Co—
let M b f 7M8 1955
M
2d Os

103

West

1968.-J&J /

40
J&D /
10
Trl-County Telep 4 Jus B *56 A&O
101M
Troy City Ry 1st cons 5s "42 A&O f

116

Bonds

Ask

8M
Certificates of deposit
/
Waukesha Gas & Electric Co—
107
1st
5s
1959
J&J
75
Wayne United Gas 6Ms *44.J&D

50

Trenton St Ry ext 5s
General 6s 1941

Bid
115

Waterloo Ced Falls & No Rylst M s f g 58 1940
J&J.

jgg

100

-

of the month preceding the date of issue

Washington Gas Lt 5s *60—M&N
Refunding 5s 1958
J&J
Wash Ry & El g 4s 1951
J&D
Anacost & Pot 5s 1949
A&O
1st guar 58 1949
A&O
City & Sub 5s g 1948
F&A
Washington Water Power Co—
lstrer5s 1939 op
J&J
1st & gen 5s 1960
J&J
Washtenaw Gas 1st 5s 1953—J&J

26M
4M

!o8*

Union Ry 1st 5s g 1942.-F&A
Westchester El 1st 5s g '43 J&J

BONDS

marked "f" and Income and defaulted bonds

possible for the closing day

are as near as

Ask

2IH

f
'

UTILITY

"and interest" except where

are

1A

2H
14

5M
10
H
M

2M
15
6

12M
1

-

50c

63
55

1M

*

27

*
*

92
1

Central States Pow & L $7 pf--*
Cent Vermont Pub Serv 6% pf-*
Central West Co. v t c
5

~2

Prior

lien

preferred--

Central States Edison

Chester Water Serv 5M % pref--*
Chic City & Con com part ctfs-_»
Pref partlc ctfs
*
Chic Dist Elec Generat $6 pref-*

2

93

99^

April, 1938]

Stocks

Par

Chicago Rys partlc ctfs
Series 2
Series 3
Series 4

1

Bid

are as near as

Stocks

100

.

100

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

92

8

93

80
110
85

3%
75

*

Preferred

1

100

-

Preferred B
Preferred BB
Cities Serv Pr & Lt $6 pref

22%
1%
15%

10

.100
*
100

$7 preferred

30

7% preferred

1%

100

97

*

Oleve Elec ilium common
$4.50 preferred

39

6% preferred series A
5% preferred..
5% conv preferred

1%
102
34

Fairm't Pk & Hadd Pass Ry—See
Fall River Elec Light
25
Fall River Gas Works.

Federal Light &
Preferred ($6)

104%

49

25

JK

6% preferred
7% preferred
Community Pow & Lt

is

*

com..

First preferred 6%.

Community Pub Ser

Gen Gas &

26%

100
103
10

17

14

100

28

%

32

34

50*

Connecticut Light & Power..
*
5%% preferred
100
Connecticut Power
...25
Connecticut Ry A Lighting
100
4)4% preferred
100
Consol Elec & Gas $6 pref......*
Cons Gas E L & P (Bait)
5% preferred series A
100
Cons Edison Co of N Y com....*
$5 preferred
Consolidated Gas Utilities com.l

2%

30
30
50

Pass—See

1

25

1%
22%
45

1%

12*
55

9

35
87

48*
90*

55

56

%

24

181

182

60%

60

56

$1.25 pref——*
Greenwich Wat & Gas 6% pf-100
Gulf States Util $6 pref
*
$5.50 pref
,..*

20

25

22

25

30
5

62

20

Amer dep rets for ord shs
Marion Reserve Pow $5 pref

65

70

Hartford Electric Light
Hartford Gas com

80

II*
45*

Cuban Telephone pref
Cumberland Gas com...
Cumberland Co (Maine)
Power & Lt 6% pref

35

"5c"

*

vtc

common

2%

26

29

25

Havana Elec Ry com

43

45

si*

6% preferred

100

30*

....100

101

Holyoke Water Power

1%
32
7

190

Tramway

Preferred.

Derby Gas & Elec $7 pref

210

Detroit A Canada Tunnel
Detroit Edison

2

8

10

25%

29%

7%
100

Duke Power
100
Duluth Superior Transit com ..*

52
1

Duquesae Nat Gas common
.*
$4 preferred
_•
$5 preferred
*
Duquesne Light—See Phila CoEast Coast Public Service vtc

3%

100
100

100
100

100
5% adjustment stock
100
East Shore Pub Serv 6%% pf 100
6% preferred
100
Eastern States Corp com.
*

80
59

n

5% Preferred

ii*
5

125

2

illuminating Shares class A

2?*

43%

43%

80c
3

14%
5%

7% preferred
Indiana

61

15

Interboro
Internat

$6 preferred series B
Eastern States Gas

*

13

*

14
5

Eastern Util Assoc com....

*

16

7% prior

*

2

3

Electric Bond & Share.

...»

$6 preferred
$5 preferred
Elec Power Association

..*

*
1

Class A full paid

2

24

*

17

20

*

15

17

2%

El Paso Electric Co (Del)
Preferred series A 7%
El Paso Nat Gas com
Preferred

6

100

80

3

18

.100

Warrants

103

50

18%
104

Empire & Bay State Teleg
100'
Empire District Elec 6% pf..100
Empire Gas & Fuel Co pf » % 100
Preferred 7%
100
6)4% preferred
100
6% preferred..
100
Empire Power Corp partic stk._*
$6 preferred
*
Empire Telephone com
6% Preferred
...25
.

50
28
25
28

58

35%

i*

25%

36

i*

53

19%

1

13%

%

1
*

*

25*

*

17S"

Warrants series of 1940
Interstate Natural Gas
Interstate Power pref $7

7% preferred
Iowa Power & Lt
lo

wa

Mar

100

18

40

mo

44

46

7% pref... 100

97

70
72
82

35%

28

100

30

%
32

*

127*"

100

54"

Supp7%% pf__50

56

Without par

value.




t Called April 15, at 115.

k Last

«ai«

n

Nominal,

r

2%

2

42

5%

100

101

106
103
8

5%
45

49

123
14

51

Light—

*

......

*

...

New England Tel & Tel
New England W ter Light
Power Assn 6% pre*

....

New Jersey Water pref
New Mexico Gas com

Canadian price.

%

Ex-dividend

15

8

12

35

38

11

13

122

125

%

1%

23

25

8

9

*

7

8

*

21

23

100

75

85

&

100

New Haven Water
50
N J & Hud Riv Ry & Fer pref 100
New Jersey Pow & Lt $6 pref
*

6% preferred
*

27

38%

J00

$6 preferred
$6 prior pref

33%

7% pref.. 100

6% preferred
Italian Superpower common A
Jamaica Pub Service Ltd

16%

5%

123

$7 preferred

85

12"

104

6% preferred
100
$2 preferred
*
New England Pow Co $6 pref.100
New England Pub Ser com
»
$7 prior preferred
*

77

*

90%

22

*
1st pref 100
...

17*
102

89

Gas & Elec Assn—
$5% preferred stamped..—._*
New Eng Pow Assn com
♦

75

*

*

1

50

...

99

New Eng

100

Iowa Southern Util

4%

14*

lOO
Lt_25

Brunswick
Heat & Power

14

20

38

Pub Serv $6 pref

83

100

preferred

New

5

pref.. 100

90

11*
62

56

-.100

Newark Consolidated Gas
New Bedford Gas & Edison

20

J*

57

89

-

J*

4%
47

27%

Nevada-Calif Electric com..—100
Preferred
.200

27

24

..10

6% preferred

c%

22

*

National Gas & Elec com
10
National Power & Light com...*

1

5%
6%
6%

1

Power com—*

$6 preferred
Nebraska Power 7%

"9

♦

6%% preferred
$, preferred

Preferred
Jamaica Water

3

*
*

Iowa El Lt & Pow 6%

40

6

_.*

$1.75 preferred
$3.50 prior preferred

Investors Telephone com
Iowa Electric 6%s pref

24

11%

.*

$6 preferred

60
190

100

%
5%

100

50c

79

*

Municipal Service 6% pref_-.100
Nassau & Suffolk 7% pref
100

25

43

102

40

preferred

conv

40

It*
54

100

National City Lines com...

$3

60

39

4%

Mountain States Tel &
Tel--10Q
Power 6% pref
*

70

78"

6

International Utilities A
Class B

85

9

Mar 25

1

10

Montana

50c

Foreign share ctfs

2%

50

50

Preferred

Eliz Consolidated Gas

t*
60*

*

Ry v t c
International Telen & Teleg

340
com

6

.100

Internationa]

—

7%

States

2%

100

com

Montana Power 6% pref
Montreal L H & Pow Cons

80

3%
3%

Internat Power Securities com..*
Units

"l%

prior lien
100
7% preferred class A
.100
6% preferred class A
100
Milw Elec Ry & Light—
6% pref series 1921
100
Minnesota Pow & Lt 7% pref 100
$6 cum preferred
100
Mississippi Power $6 pref
$7 preferred
.*
Miss Power & Light 6% pref—*
Mississippi Riv Pow 6% pref.100
Mississippi Valley Utilities
*
viissouri Pow & Lt $6 pref
*
Missouri Pub Service com
*
Monongahela L & P—See PhilaCo
Monongabela St Ry—See PhilaCo
Monon-West Penn P S 7% pref 25

Mountain

4

4%
%

*

78

79

Teleg tguar)__100

.100

$6 conv preferred series A—
Midland United com

Telegraph
Montreal Tramways com
Mountain Fuel Supply

2%

40

2%
2%

94

Montreal

73

Warrants

101

100

*

45

7

25
50

Hydro-El Syst A

Conv pref $3.50 series

1st preferred

*

preferred

5

102%

43

10(1

4%
42%

2%
6%
22%

*

$7 preferred
$6 preferred
2d pref series A
Optional warrants

101

55
68

5% preferred
6% preferred

100

v t c

Rapid Transit..

Iriternat Ocean

*

Montana Dakota Utilities

International Power Co

*

1

Elec Power & Light Corp

Eliz & Trenton RR

4%

35*

50

3

...*

Mexican Northern Ry com
Preferred

110

..100

Indianapolis Ky Co

18

Conv stock

90%

108

Indianapolis Power & Light—
6% preferred
100
6%% preferred
..100
%

1

$5 cum preferred
$6 preferred series O
$6 prior preferred

Service—

7% preferred

3

67
63

14*

18

fs*

.*

6% preferred
100
Indiana Hydro Elec 7% pref. 100
Indiana Service Co 6% pref.. 100

1

*

16

..100

General

65

$7 preferred series A

106%

*

15*

38

Indiana & Michigan Elec—

20

12

4

105

Illinois Power &

50
Illinois Water Serv 6% pref.. 100

5

115

12*

3%
102%

6% pf.100

$7 junior preferred
Light—
$6 preferred

75

11

50

Illinois North Utilities

102

2

*

common

110

99

73

Arrears certificates

1%

4

.1

East Middlesex Street Ry..
100
Eastern Gas A Fuel Assoc's com *

6% preferred
4)4% prior preferred
Eastern Mass St
Ry com
6% 1st pref stamped
6% pref B stock

8*

100

108

%
50c

Memphis Natural Gas
*
Memphis Power & Light $7 pf.
$6 preferred
*
Metropolitan Edison Co—

conv

6%

182

..100

Huntington Water 7 % pref
Idaho Power 7% pref
100
6% 1st preferred
*
III Commercial Telep $6 pref
*
Illinois Iowa Power

7% Jan. 27
55

t C--1

Convertible pref A
*
Midland Util 7% prior lien.. 100

8%

48*

50

Hudson ('ounty Gas

1

.__*

*

Preferred

104%

*
100

com

100

Houston Natural Gas com

94

Dayton Pow & Lt 4)4% pref. 100
Denver

;

20

iiestonville M & F—See PhilaRT

90
114

*

v

Middle West Utilities

6

25

25

5 %% preferred
100
Dallas Power & Light 7 % pref 100
6% preferred
._.*

Danbury & Bethel G & E pf_._25

*

Middle West Corp com
Warrants

%

1

Haverhill Elec Co
Haverhill Gas Light

112

5%
2%

partic preferred—50

5%

15c

2

25
25

Preferred
43

£1

$2 Preferred
Warrants..

84

100

7% prior preferred
100
Contlnen Pass Ry—See Phila R T
Orescent Public Service com
1

%

25

Railway 7% guar 100
Modified 5% guar
.100
Marcon Int Marine Commun'y—

Mass Utilities Associates

66

83

78

--*

Hamilton Gas

%

Maiden & Melrose Gas Lt

Manhattan

21%

Gas

Harrisburg Rys common..a.—50

1

80

66

53

81

100

25

78

86%

1%

70

Maiden Electric Co.

T

70

%

102

25

100

100

Hamilton Bridge
Preferred

Continental Gas A Electric—

97

Common with warrants
Common without warrants...*

84%

$4.50 preferred

9*
41

25
pref. 100
100

50

R

7% pref class A
22

(Reading)
25
Consumers Gas (Toronto)
100
Consumers Power $5 pref......*

100
100

%

6

26%

Hackensack Water

Consumers Gas

12

100

l8*

4

25

pref—*

Green Mt Pow Corp $6

Cons Trac of N J—See P 8 Corp
Cons Trac (Pittsb)—See Phila Co

74
103
112

7% preferred
Lynn Gas & Elec Co
Mackay Companies 4% pref

28

60

Gold & Stock Telep (guar)
Green & Coates—See Phila

92

26

6% preferred
100
6% prior preferred
100
6% non-cum 2d preferred-.100
Mass Power & Light Associat'n

Gloucester Elec Lt Co

6

%

30

...100

Preferred

PhilaRT

7

17%

6%
110%

25

Germantown

5*

90

5
70

*

cl A

Lowell Electric Light
Luzerne
Gas & El $6

25

25

com

6% preferred.
7% preferred
Louisville Railway Co

77

15

*

4

x

96

100

Louisv Gas & Elec

26

Georgia Power $6 preferred
$5 preferred

Greenwich

60%

Market St Ry(San Francisco). 100

$3 preferred

52

113

ii*
35

25

..

30

——

38

20

Corp
*
6%% preferred
100
Long Island Lighting com
7 % preferred A
100
6% preferred B
...100
Louisiana Power & Light $6 pf-'

"3

%

40"

115

5

28

Lone Star Gas

2%

75

Gen Telep Allied Corp $6 pref..*
Gen Wat Gas & Elec com A
1

%

18

100

Preferred

37

7%

Warrants

55"

*

T

1%

*
20
*

5% preferred

54
40

Lexington Util 6%% pref
25
Lexington Wat Serv 7% nref_...
Light & Pow Securities Co
*

*

$3 conv preferred

47

•

Conn Gas & Coke Sec pref
Common

31

102%

100

5% preferred

Elec

Gen Telephone Corp com

110

*

Common

Lawrence Gas & Elec Lt

2

(Del) com A__5% prior preferred
*
$6 cum conv pref ser A
*
$6 conv pref ser B
*
$7 preferred
*
$8 preferred
*
Gen Italian Edison Elec Corp—
Amer shs for ordinary stock..
Gen Public Service Corp
_._*
$6 preferred
*

22'

22

Community Water Jerv com
1
7% preferred
.._*
Concord Elec Co 6% pref
100

92

2

.......100

General Pub Util common

19%
%

com v t c.25

Laclede Gas Light

18
37

98

*

5% preferred

98

87
28

32

Gatlneau Power com..—....__*

103

99

100

15

1%

123

Gas Utilities Co

100

16

R

.93%

pref.. 100

35

Gary Elec & Gas common
*
Gas & Elec of Bergen County.100

65

1%
%

107

100

49

~r%

Kansas Gas & Elec 7%

Kansas Power & Light—
6% preferred
;

125

48

Commonwealth Gas
..1
Commonwealth & Sou Corp com *
Optional warrants
$6 preferred..
Commonwealth Water & Light—

57%

118%

16

100

Preferred.

98

70

56

14

Telegraph (guar) —100
Gandy Bridge common
*
Gardner Elec Light common. 100

,1.57

97
22 %

75

65

5%% preferred
100
Kansas City Power & Light—
1st pref $6 series B
*
Kansas City Pub Serv
*
Kansas Elec Pow 6% pref
100

13*

Franklin

58

101

Ask

73

7% preferred
100
Kentucky Utilities 6% pref..100
7 % junior preferred
50
Keystone Pub Serv $2 80 pref. *
Keystone Telephone $4 pref—.50
Kings Co Ltg 7% pref
100
5% preferred
100

Co.*

-

100

6% preferred A
100
6 % % preferred B
-.100
Commonwealth Edison Co:
25

53

13%
8

67

i

x

75

Phila

Bid

6% preferred

7

S'thwark—see

Par

T

50

60
45

100
100

R

*

*
*
— *
Fitchourg Gas & Elec Light. .50
Florida Power Corp 7 % pref. .100

&

62

Mar_li

12%

$6 preferred
$6% preferred
$7 preferred

Frankf'd

42

Tr com—...15

Columbus Delaware & Marion—
7% preferred
100
Columbus & Southern Ohio Elec

(V

5

^Phila

Foreign Light & Power units...*

99

40
48

182

10

Florida Power & Lt $7 pref—

109

jx

100

Federal Water Service com A..*

101

100

Coast Co Gas & El 1st pref__100
Oolum G & El Corp (Del) com..*

$6 preferred
Essex Company

2%

i!*
la*

Federal Power & Light com—50
Fed St & Pleasant Val—See Phila

24

108%
20)4

*

Cleveland Railway

76%
1%
23%
2%
50
45

30

Citizens' Pass Ry—See Phila R T
Citizens Traction—See Phila Co
Citizens Utilities com.
1
Citizens Water Co of Wash (Pa)—

*

Stocks

Jersey Cent Pow & Lt 7% pf.100
100
6% preferred

As k

2%

*
*
—.....—50

European Elec class A
Option warrants

4

Bid

1

Essex & Hudson Gas

95

75

-

com

Par

Engineers Pub Serv com
$5 convertible preferred
$5% pref (with warrants)

100

.

79

stocks

possible for the closing day of the month preceding the date of Issue

Ask

I—100

ser

.

Cities Service

utility

public

Quotations for all securities

100
5
50

70

"

115
89

72""
-

-

-

—

92

93

3%
32

4%
34

80

Stocks

Par

*

New Orleans Pub. Serv com

7% preferred

*

Newport Elec 6% pref

Bid

are as near as

~T

3%
50%

51

90

95

New Rochelle Water 7% pref 100
N Y Mutual Telegraph
25

8

12

16

24

N Y City Omnibus common

*

Option warrants

—

N YPow & Lt Corp $0 pref

18%

8

80

*

120
100

—

Common.-

100
New York Steam Co common—*
$7 preferred series A———*
$6 preferred..
*
NY Water Serv 6% pref..-.100
Niagara Hudson Power-...... 10
1st pref $5 series
.......100
2d pref 5% series
100
6%

preferred

90

22

108

66

Jan

-.60

14%
45%
90 %

North Amer Edison $6 pref—.*
North Amer Light & Pow
1

$6 preferred

Texas

Co

100

31'

3m
%
37
51

48

..10

(Del)

Northeastern Wat & Elec com..*

$4 preferred

10
35

38

100
.....—100
.....—100

50

53

57

60

48

51

26

39

42

100

84

Northern Liberties Gas
Northern N Y Util 7 % pref.

_

.

7% preferred

100
1

Nor States Power (Del) cl A

.100
7% preferred
.......100
0% 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.
50
NY PA NJ Utilities $3 pref
*
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
Ohio Valley Gas com
—1
Ohio Water Service A

*

com

Oklahoma Gas & Elec 7% preflOO

6% preferred

......100
15
...—-50
6% conv preferred
100
Omaha & Council Bluffs Railway
& Bridge 4% cum pref
iOO
Omnibus Corp vtc
*
8% conv preferred A
100
Orange & Rockland El 7% pf.100
Oregon Wash Water pref
Ottawa Light Heat & Pow...100

Okla Nat Gas Corp com

$3 preferred

Preferred.

Pacific Pow & Lt 7% pref
6% preferred
Pacific Public Service—
Common

non-voting
1st preferred
Pacific Telep & Teleg..
0%
preferred

...

Paterson & Passaic Gas & El
Pecos Valley Pow & Lt

com

Peninsular Telep Co com
Preferred
Penn-Ohio Edison—

7%

58

61
86

55

57
9

36

43

46

48

51

27

30%

15

86"

85
94

95**

42

46

43

47

110

111
-

87

common

Partic class A stock

Penna Gas & Elec Co 7% pref.100
Pennsylvania Power 0% pref.100
0.60% preferred
100
Pennsylvania Pow & Lt $7 pref.*
$0 preferred
..*

$5
preferred
*
Pennsylvania State Water, pref "
Pennsylvania Telep 6% pf__100
Pennsylvania Water & Pow

1

1%

21

23

95**

97

Common class B............1

Scrip

.......

86

89

6%

.

7

24%

83

90

7%
7%
83 %

Preferred

7%
100

80

101

32%
9 5%

99

42

44

Citizens

Phila

18
89

132%

90
133

50

Traction

50

Consolidated Trac pref

50

Duquesne Light 5% 1st preflOO
Federal St & Pleasant Val

25

Monongahela Lt & Pow
Monongahela St Ry

88

Union Gas (Canada)

20"

10

21H
109%

10

24

1%
11

20%

38

IS*
i?«

50
6

101
102

74

76

69

71
88

84

%
%
25%

50

60
12
18

22

13%

14%
31%
4%

30

4%

United Gas & Elec (Conn) com.*

7% preferred.

38 %

3

7Vs
28%
75

62"

6%

79

7%

65

63

~

7c

...»

~

—

mm

107"
109

100
Joaquin Lt & Power—
7% prior preferred
...100
6% prior preferred
100
Savannah El & Pow 6% pref.100
Scranton Electric $6 pref
Scranton-Spring Brook

Non-voting

116
113

105%

65

111%

*
1

10%
%

13%
1

*

7%
6%

7%

8%

96

98

72%
%

75%
%
6%

/

20c

10c

19**
23%
25%
35

25

27%

12

-.100

48

53

preferred
100
Southern Nat Gas class A com..*

77

79

50

18

22"

.25

7% preferred

Class

cum

B

common

Southern New Eng Telep

Nominal.

r

100

*,
25'

Canadian price.

,

3%

128

,

132

2%
10

t New stock.

x

Ex-divldend.

65
2

10
50c

90

108**
94

*

1.90

*

.....

1.25

100

.....

2%
11%

113

100

.....

4%

84

72
115

6

Worcester Trans Assoc
•
York (Pa) Railways pref......50
York Water Co

10

9%

«

80
65

16%

Wisconsin Pub Ser Corp 7 % pflOO
6%% preferred
100
Wisconsin Telep 7% pref
100
Wolverine Power Co
5

2

Southern Indiana G & E—

5

110%

100

Preferred
100
Wisconsin Pow & Lt 0% pref.100

28%

11%
1%

r

99%
590

18%
22%

Y Water pref

Class B

56
52
21

—*

Williamsport Water pref
Winnipeg Elec class A

Southern Calif Gas Co—

4.80%

50

n

16

19%
22%
24%
34%

.25

6%% preferred
100
Westmoreland Water pref—
*
Wheeling Elec 6% pref
-100

3%

13

6%

105%

85
1

com

6% preferred
2

—

Preferred

10

Ser"6%~pr~efII_

Western Union Telegraph..
Western United Gas & Elec—

30c

5c

*

$

Water

Western N

104

*

%
H

1

._..—*

...

Preferred
Western Massachusetts Cos

*

*

79

i

Western Lt & Tel

49

16

79

cum

West Va

100

Atlantic Teleg
25
South Calif Edison common...25

7%

14"

1

Preferred

10

42

~6%

28

common.......

Common

82

100
100

1%
20c

*

preferred
100
cum preferred
100
West Penn Power 7% pref..
100
6% preferred
100
West Phila Pass—See Phila R T
West Texas Utilities $6 pref.....*
West Va Ohio River
Bridge-

96

*
100

68

100

100
Washington Wat Pow 0% pref..*

93

pref.

series A

13%

26

....

Preferred

19%

60

Southern Col Pow com A

22

•

West Penn Elec Co class A.
18

5% % preferred series O
25
B
25
Original preferred—--—...25

115%

Il
—I*

Wash Gas & Elec 7%
pref.Ill 100
Wash (D O) Ry & El com
100

1%
8%
2%

7%
1%

Southern &

6 %" preferred

•

7% cum pref..
100
Virginia Elec & Power—
$6 preferred
*
Virginia Pub Serv 7% pref
100
6% preferred
.100
Washington (D C) Gas Light
*
Preferred
*

115

101%

100
*

Southern Canada Power

.*

Class B

0% preferred series

11"

95

III*

$6 preferred
$7 preferred
Utica Gas & Elec 7% pref
$6 preferredUtilities Power & Lt cl A

75c
105

Warrants

8%
100

United Tel & Elec 6%
pref...166
7% preferred..
—100
Utah Power & Light—

Southeastern Pow & Lt—

55"

2%
68%
%

Script

107

....

A......

preferred
$3 preferred

8%

108

.

Common

com

1st pref

$2.75

110

Pub Serv 7% pf.100

Southeastern Gas & Water A

cum

Class B common..

South Pittsburgh Water—

27%

?

*

100
-.100
7% preferred
100
nited Public Service Corp..
1
United Pub Util com A
*

81

90

preferi ed

Power 6%

105%
11%
%
8%

6.36% preferred

91%
91%

90

*

6% preferred
7 % preferred

it*
108^

*

United Lt & Pr
Common B

%

8% oreferred.
100
San Diego Cons Gas & Electric—

South Carolina

Improvement.!IIII*

$5 preferred

8%

%

_

24%
%

75

102

63

United III Co of New Haven

29%

90

$4 preferred

95
85

United Light & Ry 0% pref

preferred series O
J00
6% preferred series D
100
5% nreferred series E
.100
Roch Telep $6>* pref
lOu
Rockland Light <& Power
10
St Joseph Ry Lt & Pr 5% pf__100
St Louis County Water pref..
J00

common

1

74

United Gas

3%

60

$5 preferred
$5 preferred

80

100

Warrants

32

Water Service 6% pref—
Scranton Transit common

1

10

92**

United Gas & El (N J)
5% pf.100
United Gas Corp com
1
$7 pref series A
I*

100

37%

50

common

~J%

70
10c

I*

cum preferred
Warrants

26

50

.

Preferred
'
Rochester Gas & Electric—

31

...

$3

12"

South Bay Oonsol Water pref.100
South Carolina El & Gas 7 % pf.

JP
50

% Last sale.

87

Ridge Ave Pass—See Phila R T
Rio Grande Valley Gas vtc
1

Preferred

9

114**

78

55

37

Union Traction—See Phila R T
United Corp
'.
....._*

10H

*

."SO

35
41

Bedford)..100

84

Sioux City Gas & El $7 pref.. 100
South Amer Utilities com
50c

5

28%

Preferred

113

*
*
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
*

*

....

Union Pass—See Phila R T
Union St Ry
(New

75

100
*
*
*
*

_—...*

Union Gas System com

62%
62%

I.

Sierra Pacific Pow common

79

101

23

103%

182

Shawinigan Water & Power
*
Shenango Valley Water pref. .100
Sierra Pac Elec 6% pref
100

20

100

99

2d
Second Ave RR Cop (NY)
«
2d & 3d Sts Rv—See Phila R T

14

101
77

119

*

common

25%
135

gueens Borough G & E 6% pf 100
adio Corp of Amer
*

Seattle Gas

22

35

25%
110

60

Preferred




*

44

Southern Union Gas com

Without par value.

83

132

7% preferred

123

Phila & Darby—See Phila R T

*

11

9%
5%
79

San

54

.—..50
*

112

86

7%

3%

R T
*

*
1

Texas Gas Util com
Texas Hydro Elec common

40

St Louis Pub Serv

5

Philadelphia Co com
$5 preferred
0% cum preferred
$6 cum pref
Allegheny Traction

99

107

6%

50

Phila City Pass—See

h
97

100
100

120

Riverside Traction.

54"

49

25

4

-.100
100

Rapid Transit St Ry Co
100
So Jersey Gas & Elec Trac--100

Class A

95

Peoples Nat Gas 5% pref
50
Peoples Water & Gas pref
100
Peoria Water Works 7% pref.100

(6%)
5% cum 1st preferred
Terre Haute Elec
6% pref
Texas Electric
Ry
Texas Elec Service
$6 pref

21

105
113

100
100
*

$5 preferred B
$3.50 conv 1st pref

22

55
108

Prnforrprl

People's G L~& C "(Chic) 11111100
Peoples Light & Pow A
1

1st preferred

4

19

94
26

preferred
.

80
2

T:

•

100

conv

89

Quebec Power

79
83

Tampa Elec Co
*
Tennessee El P 1st pref (7%).100
7.2% 1st preferred
100

96

94

1st

—

5%
92

86

-

p

Xe
10
90
75

Tacony-Palmyra Bridge—

100
6% preferred
100
5%
preferred
100
Tw,n States Gas fr El
7% preflOO
Twin City Rapid Transit
*
7% preferred
100
Union Electric Co of Missouri—
7% preferred
100
6% preferred
100

7% preferred
6% preferred
$5 preferred

12%
4%
10%

.

Toledo-Edison pref A 7%

35

%

Penna Gas & Elec Corp $7 pref..*

2%

110

;

♦
_

\%Vi
97

35

Pennsylvania Edison Co—
$5 preferred
Pennsylvania Gas

com

B

Preferred
*
Suburban Rapid Transit St Ry 150
Superior Wat Lfc & Pow 7% pflOO
Swiss Amer Elec 6
% pref
Syracuse Ltg 0% pref.
100
6%% preferred
100

22

25

4

*
*
*

20

*
1

13%

San Antonio

$2.80 preferred

*
*

'

20

94%

100

12

24

i!"

prior pref
preferred
prior pref

-.100

25

...

com

25

17

Class

25

20

cum

Standard Pow & Lt

6%
25

20

cum

96

92

....

Penn Western Gas <fc El

5%
20

cum

$4

$6

9%
2

*

94

Puget Sound Pr & Lt $6 pref
$5 prior preferred

Warrants B

$7

6

& Elec com

102

7% preferred

15

100

10

Standard Gas

91

25

100

Public Serv El & G $5 pref

23%
27%
25%

*

21

7

Public Serv of Okla 0% pref..100

79
82

_

80
84

11

100
*

5

16
3

Providence Gas
*
Public Elec Light 6% pref
100
Public Serv of Colo 7% pref..100

preferred

68

73"

St Ry Cos pf 100

$3.50 preferred
*
Texas Power & Lt
7% pref—100
6% preferred..
*
Third Avenue Ry
(NY)
100
13th & 15th Sts—See Phila
R T
Tidewater Power 6% pref

Common

23

*
*
100
100

2

Springfd (Mass)

3%

*

Public Serv Co of Nor 111.

25

100

Springfield Gas Lt Co

$6 preferred

8%
18%

_

15
24

1%

pref.—100
100
Portland Gas & Coke 7% pref 100
Portland Gas Light
50
Postal Teleg & Cable 7% pref 100
Potomac Edison Co 6% pref. .100
7% preferred-..
100
Potomac Elec Pow 6% pref—100
5% %
preferred
100
Power Corp of Canada com
*

0%

89%
39

S'western States Telep com
*
Springfield City Water 0% pf 100
Springfield Gas & Elec pref
*

Public Serv of Ind $7 prior

52

85

_

10

Consolidated Trac of N J. .100

49

25

1st preferred (6%)—-——25
1st preferred (5**%)—-—-26
Pacific Lighting Corp com
*
Preferred
($6)

Warrants.

~7"

100

Pacific & Atlantic Tel (gu)
Pacific Gas & Electric

~7%

8

31

119

*

pref..*
*
Public Serv Co of N H $6 pref-.*
$5 preferred
*
Public Serv Corp of N J
*
8% preferred
100

Northern Ohio Telep 6% pref. 100
Northern Oklahoma Gas com

120

*

19

7% prior preferred

*

A

36

T

Water.

com

(Preferred

6

Portland Elec Pow 6%

%

Northern Indiana Pub Serv—

6% preferred
7% preferred
6**% preferred

Union

14

7% pref—100
E 7% pref.100

"30
11

Pittsburgh Suburban Water—
$5.50 preferred
100
Plainfiela

Southwestern G &
Southwestern Lt & Pr

30

10

50
50

R

S western Bell Tel

3%

pd) 50

Phila

Corp
Southwestern Bell Tel pref.-.100
Southwest Cons Gas Util com
1
Southwest Gas (Okla) 7% preflOO

29%
114%
29%

25

50
50
Philadelphia Traction
60
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 Phila Pass guar
50
Phila Suburban Wat 6% pf—100
Traction—See

Bid

Par

2

Frandf'd & Southwark Pass_50
Germantown
Passenger
50

Phila

34

.*
'

North Amer Utility Securities
North Boston Ltg Prop com
Preferred
North

13

i*

H

„

14 %
43%

29

Phila & Darby Pass Ry
Phil & Gray's Fy ($25 pd)

70

68H

112%

PhilaCityPass Ry ($22 % pd)-50

94
12

10
5%

28

*
*

7%
preferred
50
Citizens Passenger guar
50
Continen Pass Ry ($29 pd)_50
Fairm't Pk & Haddington.-50

Preferred

Stocks
So Jer G El & Tr—See P S

Phila & Grays—See Phila R T
Philadelphia Elec Co com
$5 preferred..

Green & Coates Sts ($15
Hestonville M & F com

%

—*

com

preferred

&

18

Class A option warrants.....
Class B option warrants

North American Co

83

month preceding the date of Issue

Ask

Bid

Par

Stocks

Phila Elec Power 8% pref...
25
Philadelphia Rapid Transit—50

19

J%

*
7%
preferred
100
N Y & Richmond Gas 6% pref 100
N Y & Queens El L & Pow—

possible for the closing day of the

Ask

100

6%

STOCKS

PUBLIC UTILITY
Quotations for all securities

7

52
54
90
84

117%
4

4%
18
24

Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not
appear
under the previous three headings, namely "Railroads"
"Investing Companies" and "Public Utilities."
In the
case of
stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land,"
"Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the

"Industrial and Miscellaneous."
NOTICE—All bond prices

are

Quotations for a1! securities

Bonds

Bid

INDUSTRIAL AND
MISCELLANEOUS BONDS
Abbotts Dairies deb 6s 1942-M&S
Abitibi Power & Paper—
1st M 5s 1953 ser A

102%

Acadia Sugar Ref 4Ms 1955. A&O
Adams Exp coll tr g 4s 1948-M&S
Coll tr g 4s 1947

possible for the closing day of the month preceding the date of issue
Bonds

Ask

104M

38%

38%

38 %

39M

101

90%

F&A

92%

90

J&D

4Mb stamped 1946

near as

Bid

Beth Steel

J&D /
/

Certificates of deposit

"and interest" except where marked "f" and income and defaulted bonds

are as

93

100%

Addressograph-Multigraph Corp
4-4 MB 1938-1939
A&O
1940-1945
A&O
Advance Bag & Paper 6s '52- J&D
Ex scrip
Aeolian Co 6s 1944
J&J
Akron Times-Press 1st 6s '45 A&O

84%

85

90

70

76

33

80

25

Bryant Paper 6s A 1942

Alabama Mills 6s (w-s) 1953 .J&D /
Without stock
J&D /
Albany Perf Wrapping Corp—
1st M coll tr 6s 1948A&O
6s assented w w 1948..-A&O

45

35

50

6s 1955

-

/

Alberta Pacific Grain 6s 1946 J&J

M&N

99

Budd (E G) Mfg 6s ext 1941 .F&A

Bush

Allis-Chalmers

so
80

s f deb 4s '52.M&S
Alpine Montan Steel Corp—

26%
106%

s

f 7s 1955

Aluminium Ltd

s

f deb 5s '48.J&J

Amer

Aggregates Corp—
New 3-6s 1943

85

99

35%
107

_

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 /

44%
45

Am Fruit Growers ert 7s '43-F&A
J&D

95%

Amer ice Co deb 5s 1953
Amer I G Chem Corp—

Conv deb 5%s 1949
Amer

M&N

75

80

%

100

99%

5%% notes 1956
Am Lime & Stone 5%s'51

99 M
99%

100 M

J&J

86
53

M&S

96
67

99
69

Am Silica-Sand 6s 1951
Am Tobacco deb 4s 1951
Debenture 6s 1944

65
58

104%
84

M&S /
F&A

A&O

118

American Type Founders Inc—
Conf sf deb 2%-5s 1950—J&J/
Am Wire Fabrics 1st 7s '42--M&S

95

98

Amer Writ Paper 1st 6s 1947 J&J /
Certificates of deposit
/
Conv 68 1961
Ann Apr/

15
1520%

16

100

Ames-Holden Tire & Rubber—
Income 7s Jan 1 1943
M&S /
94
Anaconda Copper Mining Co—
Sink fund deb 4Mb 1950.-A&O
103M

16
22

s

94

96

s

94

96

Arnold Print Wks 6%s 1941.A&0 /
1st 5s Feb 1 1952
A&O
Arundel Bond Corp 2-5s Dec 1 *53
Arundel Deb Corp 3-6s Dec 1 '53 _
Ashville Giti7e-Times 6s'45-M&S
Associated Mtge Co 3-6s Dec 1 '53

58

60

52

54

75

m

mm

55
95
43

mm

mm

mm

mm

mm.

mm

mm

mm

45

Atl Gulf & W Indies SS Lines—

Coll tr g 58 Jan 1 1959
J&J
„
Atlanta Laundries 6Ms w w 1943. /
Atlantic Ice & Coal 6s 1951.J&D

Atlantic Ice Mfg 6s 1945
F&A
Atlantic Lumber 6Mb ctfs —1932 /
Atl Sug Rof 1st s f 4s '51—M&N
Atlas Imperial Diesel Engine—

53 M

50%

22

95"

92
37

39%

18

23

99

6% conv notes 1945

M&S

73

78

Atlas Pipeline Corp 6s
Gen conv 6s 1950

1945-M&N

46

49

24

29

M&N /

J&J /

Ault-Wllllamson Shoe 6s 1942— /
Autocar Co 7s ext 1947—M&N

Avery (B F) & Sons 5s w w'47J&D

95
89

76

,

36

15%
18

Bagley-Clifford Corp 6s 1942. J&J /

mm

93"
85

35

Baldwin Locomotive Works—
6s consol 1938
M&S /

mm

77 M

M&N
M&S /

58 M

11*

38

40

Cum Inc deb 6s 1947--Barber & Ross 4s 1945—

J&D

85

Bates Valve Bag Corp—
Deb 6s ex-warr 1942

F&A

99

J&J/

100

Bayway Terminal 6s 1954—J&J /

12
Beattie Sugar 7Mb 1943 ctfiB.J&D /
10
Bedford Pulp & Paper 6Ms 1942.
101
Beech Creek C & C 58 1944.-J&D

93

Beneficial Loan Soc 6s B 1939 Q-J

104%

97"
106%

Bessemer Limestone & Cement—

1955

6s

Bethlehem Fdy &

J&J
Ma 5s'44 A&O

Bethlehem Steel Co—

_

Called July 1 at 104.




86
65

3

8s

5

114

116%

137]
100j

101

45

s

1st 4s

99%

mm

mm

65
97

mm

89"
50

91%
54%

66
53

45"

43

103

1st & coll 3s

86

58%

3%s 1953-.M&S

8

15

J&D

4
19

Finland

Residential

Mtge

100

102%

94"
87

Bank

f 6s stamped 1961
M&S
Firestone Cotton Mills 5s '48M&S
Firestone Tire & Rub of Calif—
S f 5s 1942
M&S
First Bohemian Glass Works—
s

102%
104

104

1st secured 7s

1957
J&J
Flour Mills of America Inc—

90%
90%

Conv g 6%% notes 1946.A&O
Foilansbee Bros 5s 1947
J&D

33

Forest Lawn 1st s f 6s 1949—J&D
Framerican Ind & Dev Corp—
Deb 7%s 1942
J&J ♦

99

„

58
45

Francisco Sugar 6s 1956
32
38
96

Frick-Reid Supply 6s 1943..J&D
Fruehauf Trailer deb 4%s'47A&0
Gair (Robt) income notes 6s
1972
Galveston Wharf Co—

11%

42%

5s 1950
A&O
Consumers Co (Chic) 6s 1946 J&J /
Consumers Co (111) 5s 1956.-J&J

24

'mm

33
61%

62%

96

Ref

mm mm

100
86

77

Packin^4 ^s 1946

4%s Dec 15

Gelsenkirchen Mining Co—
6-yr 6% notes 1934
6s 1937.
6s 1940.

mmmm

48

101%

sale!

5%s series A 1951

Ref 5%s series B 1954
1st 58 1940
Garlock

mmmmrn

n

Nominal!

17

105%

M&N

Franklin Coal Co 7s ws 1949-J&J
/
Fraser Co 6s Jan 1 1950
J&J
French Nat Mail SS Lines 6s '52

94%

42

83%

98

96%

conv 6 Mb '39Federal Sugar Ref 6s ctf '33 M&N
Fiat 8 f deb 7s 1946
J&J
Filtrol Co of Calif 5s 1946— J&D

99
----

60
99%

75

97

5s 1969
Federal Screw Wks

88
88

86

20

Farmers Nat Mtge Inst 7s '63A&Q
Federal Coal 7s 1944
J&D

95
88

86

27
20
27

J&D

1938-1939

Farmers Mfg Co

95
95

93
93

_._M&S

102
10
59

1st & coll 3%s 1940-1942-J&D
1st & coll 4%s 1951
J&D

71

93

F&A

20-year 4s s f deb 1956—J&D
ITamous Players Canadian—

104%

69

A&O

Everlastik Inc 1st 7s 1937-M&N
Fairbanks Morse & Co—

15

k Last

65

J&J
J&J

1952

5t lien
1st liei 7s 1967 ser C
7s income 1967

91"

/

50

A&O

European Mtge & Invest—
1st lien 7%s 1966 ser B_._F&A
7%s income 1966

56

41

103%

/'

f 4s 1956

4% notes 1942
Erie Elec Motors 5s 1941
Ernesto Breda 7s 1954

69

/

interest.

48

Emporium Capwell Corp—

88

5%% notes'37(Am ptctf)M&N /
99%
Subsidiary CorpDeb g 5%s 1948 ser A__M&S
102%
Connor Lumb & Land 6s '41 M&N /
70
Consol Biscuit 1st 5%s B *46 M&S
1,89
1st 5%s ser O 1946
89
J&D
Consol Cement Corp—
Cum inc 6s 1950
F&A /
55
Cum inc 6% notes 1950--F&A
/ 40
Consolidated Laundries—
Extended 6%s 1941
A&O
99%
Consol Oil s f deb 3%s 1951. J&D
94%
Consol Paper Corp 5%s 1961
31
5%s ex-stock 1961
J&J /
36
Consol Steel Corp 6s ser A *44 J&D
93
Consol Textile 1st 8s 1941 ..J&D /
10

accrued

102

40%

6s 1943

Commonwealth

warrJ&D

30"

Eastern Cuba Sug 7%s '37.M&S
Eastern Dairies 6s 1949
M&N

11

Oont'l Invest Bond Oorp 2-5s '53.
Oont'l Invest Deb Oorp 3-6s '53

57%

Jan

73

8

Corp 1st 6s '46. J&D 15

95

43

49

Consolidation Coal Co—
Sink fund 5s July 1 I960--A&O

Jan

J&D

1948 M&S

Q-F
Q-M
Q-J
Q-F
Q-M
6s series AC 1952
Q-J
Colo Fuel & Iron s f 5s 1943-F&A

/ This price includes

63%

102%

Coll

119
52

140

ft Basis.

99%
105

Empire Oil & Refg 5 %s 1942 A&O
Empire Properties Oorp 2-3s 1945
Empire Sheet & Tin Plate—

5
114

7s series A & B 1950
7s series C 1959
7s series D 1956
6s series AA 1953
6s series AB 1948

with

77

A&015/

Klec Auto-Lite deb 4s 1952.F&A
Elk Horn Coal
Oorp—

97

1941—M&N

Clearfield Bit Coal 4s 1940--J&J
Cleve-Cliffs Iron 4%s 1950.M&N
Cleve Tractor conv 5s 1945.M&N
Collateral Bankers Inc—

1943

f 6s Oct 15*60

Eastern Mfg 7s ser A 1938.-J&D
East Temple Corp 6s (w
s) 1941Eaton Paper 1st 6%s 1943-M&N

48"

85

Cities Service Asphalt 5s '52. A&O
City Ice (Kansas) 6s 1940—-A&O
City Savings Bank of
Budapest 7s 1953
F&A /

5s

s

91

90

66

M&S
M&S

21
21

72

Durham Duplex Razor 6s 1955—
Eastern Car Co Ltd 6s 1952.J&J

60

Champion Pap Corp 6s '45--F&A
Champion Paper & Fibre Co—
4%s s f deb 1950
M&S
Chateaugay Ore & Iron—
Guar gold 4s 1942
J&J

Deb

_

1st lien & ref 5s 1942
.—M&N
Purch money 6s 1998
Q-Feb
Cons M s f 4Mb ser D *60—J&J
♦

1st

19

19

70

Deb 5s series A 1955
Deb 5s series B 1955

12

A&O /

Central Steel

40

J&D /

Driver Harris Co 6s 1942—J&D
Dryden Paper 6s 1949
F&A
Dufferin Paving & Stone—

87

....

52

90~"

/

93

83

103""

Corp—

mtge

10-yr 5%% notes 1947—J&J

117

116
92

Container

99 %

1956--.Q-J

De Bardeleben Coal

Dominion Textile 4%s '55--M&S
Donnacona Pap 4-4 %s '56.-F&A

Commerz-und Privat-Bk Germ'y)

mm-mm mm

'

mm

88

84

90

Income 5s 1970
An Apr
Colo Indus 1st 5s A & B 1934 F&A
Oomm'l Disc t (L A) 6s '39--A&O

Auburn Automobile—

6s profit share deb

99

82

Childs Co deb 5s 1943
A&O
Chilean Nitrate inc 5s 1968—J&D

92

89%

Davidson Biscuit 5 %s A *45 A&O
Davidson Chem 6%s 1937--A&0

49

Dominion Tar & Chemical Co—
Deb 4 Ms ser A 1951
M&N

98

98

Chesap'ke-Camp Corp4 %s *47 J&J
Chicago Stk Yards 5s 1961-A&0

10
90

,

1940
Mtge 6s 1950
Baragua Sugar Estates—

96

'/

i

1st g 5s

55

71%

Carlisle Lumber 6s 1945
Carriers & General Corp—

6%s 1952

17%

20-yr 4s ser B 1955-F&A
1st mtge 4s series C 1957—J&J

89

Central Ry Term & Cold Storage

96

16

Without warrants

103

94
4

26

1939

5

2

1st mtge 68 1941

103%

1st M

101

-

98

M&S

Gen mtge 5s 1941

25 M

f 68 (San Fran) 1942-J&D
f 6s (Los Ang) 1942--J&D
Arcade Mall Iron 7s 1943—M&N /
Armour & Co of Delaware—

99

Dickey (W S) Clay Mfg Co—
1
Cum inc 5s (w-s) Nov 1 1949.
/ 110
Cum inc 5s (ex-stk) Nov 1
1949/ 65
Dold (Jac) Pack 1st 6s '42.M&N
99%
Dom Coal 1st 4 %s ser A '52-A&0
100%
Serial 3%s 1938-43
A&O
99%
Dominion Steel & Coal 6%s 1955
98%

36
6

104
102

Canadian Vickers 6s Aug 1 194 7
Caribbean Sugar 7s stpd '41-F&A

Certain-teed Prod 5 Mb

Sink fund income deb 1967 J&J f
Antilla Sugar Estates—
Income deb 6s 1951 (w-s)-_J&J/

Conv deb 4%s

70

102
35

Celotex Corp—
Debenture 4 %s w w 1947-F&A
Central Foundry Co—

Anglo-Chilean Cons Nitrate—

Anthony (E C)—

100

15-yr deb 5s with warr '50M&N
Carthage Marble 6%s '42---M&S
1st non-cum inc 5s Apr 1951.
Cassco Corp Inc 6s 1949
M&S /

8

7
106%

90

1940
.A&O
Danish Prod L'n Fund 5s *40-J&J
Dairyland Inc lsts f 5s 1946.M&S

Dow Chem Co deb 3s 1951—J&D

25-yr guar 5s 1955

105M
86 M

91%

Ry & Coal—

M&S *
Detroit Times deb 6s to '43 M&S
Deutsche Bank (Berlin)—
6% notes stamped 1935---M&S/
6s extended 1938
M&S/
Deutsche Rentenbank—

Canadian Nat Steamships—

Amer Nat Co (Ohio) 6s 1938-J&J
Extended 6s stpd 1943
J&J
Amer Radiator deb 4Mb '47.M&N
Amer Seating 6s stpd 1946---J&J

104%
102
50

87

f deb 4s 1950

Farm Ln

J&J

45

90%

s

6s 1953
Certificates of deposit

100

60

A&O

79
105

M&S

Conv

1st

100%

M&N

Canadian Internat Paper—
1st M 6s 1949

103%
102%
101%

s

Deep Rock Oil 7s 1937

97

1st & gen 5s 1957
J&J
Canadian Bakeries 6 Ms '45.M&S
Canadian Canners Ltd 4s'51M&N

51

f.Nov 1 1950--M&N
Crown Willamet Pap 6s '51--J&J
Crucible Steel Co deb 5s '40.M&N
Cuban Tobacco 5s 1944
J&D

65

98

F&A

Can Cement 1st 4 %sserA*51
Canada SS L 6s '41 ser A

w*
40

75

J&J

Canada Bread 6s 1941

27

55

Camaguey Sugar 7s 1942
A&O
Certificates of deposit
Campbell River Timb 6s '41-J&J

'48

Crown Cork & Seal Co Inc—

55

Byrndum Corp 3-yr notes Jan 15 '39
Calif Cooperative Creamery—
1st s f 6s 1948
A&O
Deb s f guar 1943
A&O
Calif Cotton Mills 1st 6s '40.J&J
Calif Group Corp 5%a 1956 M&N
California Packing Corp—

J&D/

Am Mach & Metals 4s 1943.-J&J

1st
1st

-J&J /

1955

Cons deb 5s 1940

International Corp—

Conv 5%s 1949
Amer La France & Foamite—

82

Bush Term Bldg 1st 5s '60--A&O
Butterick Co 6% notes '39—A&O
Byers Machine 3-6s

88

98 %

M&S

1st

Cons g 5s Jan

76

82

w

Davidson-Boutell 5s 1946._-J&D

35"

A&O

1st 4s 1952

93

w

5s

s

Term

"

101%

41

Cumberland

25

101

mmm

52
7

75

84"

f extl 6s 1940
J&J / 118
Burns Bros deb 5s A 1961—M&S
30
Burns & Co Ltd 1st sf5s 1958 J&J /
69
Income 5s 1958
Ann, Apr /
58

73

Algoma Steel 1st 5s 1962
A&O /
Allied Mtg inc coll 2-5s 1953. J&D
Allied St's Corp deb 4 Ms *50. A&O
Debenture 4Mb 1951
F&A

94"

78

30

5

40

15-yr 4s

36

Burmeister & Wain (Copenhagen)

15-yr

mmmmmm

92

38%

81

75
40

mmm m-

Q-F

Credit Service deb 6s

81

J&J

49

Cudahy Packing 3%s A '55.M&S

Alabama By-Prod 6s 1955—J&J
Income 6s 1955
/
Alabama Co gen 6s 1938
M&N
Ala Cons Coal & Iron 5s '38_M&N

1st series B 1948

58

30

Crowley Milner 5%s 1946--M&N

5%s 1950 ser B
M&S/ 34
Brown Shoe Co 3 %s 1950—F&A
106 %
Brack Silk M Ltd 6%s '45-M&N
92

99

100%

6s

Sinking fund deb 5s 1946-F&A

98

77

101%

90

1938.
-M&N
Cosden Petroleum conv 5s *47 J&J
Cosgrove Meehan Coal 6%s 1945.
Orane Co 3%s a f deb 1951. J&D
Creameries of America—

40

1st

94

74

100%

Coplay Cement Mfg 6s *41—A&O
Copley Press 5%s 1943
F&A
Cosden Oil Corp 1st 6s 1938-M&N
Gen lien

95
Gen sf 7s 1950
_M&N
109%
Brown Coal Indus 6 Mb '53—A&O /
25
Brown Co 1st 5%s 1946
A&O / 37%

Bid

Continental Roll & Steel Fdy—
1st M conv s f 6s 1940-.J&D
Cont'l Steel deb s f 4%s 1946-J&J

"4%

4

46
36
31
103%

British Columbia Pulp & Paper—
1st 6s 1950
—M&N

103%

...

Botany Cons Mills 6%s '34. A&O /
Certificates of deposit
/
Bowser (S F) 7s 1944
M&N
Brandram-Henderson 6s *39 M&S /
6s 1956.
J&D /

Bonds

Ask

102%
92%
82%
103%

British Am Oil deb 4s 1945.-M&S

101

101

6-5 Ms

Corp 4 %s to 1941 J&J
3 %s series E 1966
A&O
15-yr s f conv 3 %s debs'52 A&O
Boston Wharf 1st 4s 1941—A&O

40"
98

102

85%

J&D

92

J&J
A&O

103

92

J&D

J&D

97"

M&S

99
99
99

29%
117%
68
«•«««»'

101
—

mmm

100

INDUSTRIAL

82

&

MISCELLANEOUS BONDS

NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted
Quotations for all securities are as near as possible for the closing day of the month preceding the date of

Bonds

Bid

Gen Amer Transport 3s

1940. J&J

101
64

102'
65

<ones

General Cable Corp—

1947ser A.J&J
8434
(Germany) 7s '45-J&J15 / 39^
6hs 1940
-J&D / 39
Deb s f 6s 1948
/ 39
Gen Finance conv deb 5s "51 J&D
92
Gen Motors Acceptance Corp—
10-year deb 3s 1946F&A
102
i0134
15-year deb 3^8 19.11
F&A
Gen Itayondeb 6s 1948 w w.J&D /
74
39
Gen Stirast 1st 5Hs'49 w w.J&J
1st mtge s f 6Hs

85

GenEIec
Deb

-

Gen

Steel

Indiana Co 1st

102]

10134
78
40

Wares—
95

A&O

4 lis ser A 1952—
Gen i'heat Ku deb 6s

1940.A\u f ,9
F&A / 12
Certificates of deposit
/
12
70
Georgia Marble ls« 6s 1950.M&N
German AHantir Gable 7s 1945
/ 40
German Bldg & L'd Bk 6hs 1948 /
2134
Glen Alden Coal M s f 4s 65 M&S
6234
85
Globe Industrial Loan 6s 1955 J&J
93
Globe Wernicke 6s Oct 1 '44.J&J
Gobel (Adolf) Inc—
50
Conv deb 4Vt»s ser A 1941.M&S
Godchaux Sug 1 st s f 5s "47.M&N
103 34
Golden State Milk Prod—
6s
1944.
A&O
102 %
Good Hope St & Ir Wks (Germ y)
5 f g 7s Oct 15 1945...A&015/
Goodrich (B F) Deb g 6 1945 J&D
7934
1st mtge 4348 1956
J&D
84 34
Goodyear Tire & Rubber—
1st mtge coll tr 5s 1957._M&N
101 %
Gordon Baking Co (Mich)—
5s series B 1945-50
J&D
96
Gen Vending 6s 1937

9534
1034
14
14

45"
64"
88
97

M

57

10434

35
81

85
102

-

Gotham Silk Hosiery—

1946
M&S
Gould Manufacturing 6s "42.A&0
Graham Paige Co 1st 6s "38.F&A
Granby Consol Min & 8m 5s 1942
Grand Trunk Ry Term
6 Cold Stor 1st 634s 1952.A&0 /
Graton & Knight 4?4s '51-J&D
Great Lakes Paper Co Ltd—
1st sf 5s 1955
-A&O/
Grigsby-Urunow conv 6s 36 M&S /
Groc St's lYod conv 6s 1945. J&D
Gulf States Steel 4 34s 1961-A&O

f 5s

98

92

1950--J&J
/

22

&

Laughliu Steel—
1st. mtge 4
ser A 1961--M&S
Journal of Comm. 634s '47
J&J
Kansas Pipe Line & Gas—

65

J&J

91

1st 5s series A

45

96

s

Jones Cold Storage 4-5s

w w

1952

9134

9034

(Rudolph) Inc—
1st 6s 1943 with Am shs.-M&N /
Ctfs of dep w w stpd 1943— /
6s stamped (par $925) 1943
/
6s with warr (par $925) 1943-- f
Keith (B F) Corp 6s 1946
M&S
Kelly Springfield Tire 6s '42.A&0 /
6s stamped 1942
A&O /
Kelsey Hayes Wh'l 1st 6s '48-J&J
15-yr conv deb 6s 1948—..J&J
Kentucky Rock Asphalt—
33^6348 1945
J&D /
Kentucky Securities coll 5* 1940,
Keokee Cons Coke 5s 1959--J&J
Keyes Fibre 1st 6s "38-'39 M&N
1st 6s 1940-1949
M&N
Keystone Steel & Wire—
2% notes 1938
M&N
3% notes 1939-1941
M&N
4% notes 1942-1945
M&N
Kings Co Refrlg 6s 1942----A&O
Kingsport Press 634 s 1939--F&A
Kingston Elevator 1st 6s '50 M&N
Kinney (G R) ext 534s 1941-J&D
Kirby Lumber 6s 1938
J&J16
New 1st 4s 1947
J&J16
Koehring Co (Milw) 3-5s '45.J&J
Koholyt Corp 6 34s 1943
M&S
Koppers Co 4s 1951
M&N
Kresge Foundation—
10-year coll tr 4s 1945
J&J
3 34* coll trust notes 1947-F&A

37
1734
23
25
8134

82

75

Deb

86
97

—

99

80

—

io5
90

90

96"

95

9834

98

100

101
70

2134

2034

10134

101

98

90

8734

32

193^

21

97

5-6s April 1 1946
J&J
Lake St John Power & Paper—

9134
85

82

It*

J

41
41
85
10634

Hygrade Food iToducts Corp—
1st & ref 6s Jan 1949 A—A&O
6s 1949 series B
J&J
Ice Service 1st 634s 1939
J&D

46

MeCnid Rai & Mfg—
Deb 6s 1943 with warr

_

Illinois Steel deb 4hs 1940—A&O
Ilseder Steel mtge 6s 1948—F&A

/

Independent Brewing 6s "55 J&J
Indiana Ice & Fuel

45

107"

2534
109

634s'47-M&N

61
41^

.M&N /
Prior lien s f 6s 1942
M&N
60
Indianapolis Motor Speedway—
1st extended 6J4s 1946
F&A
67
Industrial Acceptance 4s 1952 J&J
90
Inland St'l 3 34 s ser D 1961-F&a
102

lmi Limestone inc 6r 1952-

6

70

69

92

104
70

Internal Agricultural Corp—
1st & coll trsf 5s

1942-..M&N

100

International Match Corp—
Deb sf 5s 1947
M&N /
Certificates of deposit
/

5
13
5
13

5s 1941

J&J15/
deposit./
Internat Mercantile Marine—
Conv deb

Certificates of

1st

M coll trust 6s

1941..A&O

Paper—
1st & ref s f 5s 1947 ser A__J&J
1st & ref 8 f 5s ser B 1947.. J&J
Ref mtge 6s 1955 ser A...M&S
Internat Pow & Pap of Nfld—
1st M 5s 1968
-J&J
1st 4Hs 1968
J&J
Internat Salt g 5s 1951 opt-.A&O

____

102

554
1334
534
13 34

37

International

Interstate Deb

78
78




1st

95

55
79

95

34
20
78

1954

26

100

New Niquero Sug3 34s 1940..J&J
Newport Industries 5s 1947

45

Y

Dock Co—1st

k

60

IF

4s '51 -F&A

5234
3954

NYLE&WC&RR—
1 st 6s ext 5 34 % 1942
M&N
NYLE&W Dock & Impt—

Extended at 5 % to 1943

9834

N Y

50

...

J

/

86"

New York

Shipbuilding 1st 5s *46_M^
Trap Rock Corp—

59

50

63
96
42

N Y World's Fair 1939—

2134
2434

Nivelle Corp 4s 1952

*

vtv

UUU

AU

JLUtftD

1 B

60

±1

46"

IS

Nordberg Mfg Co 1st 6s 19431

95

North Amor Car—

94

102J4

Equip trust 43i« Aug 1 '38-'46. b 5.75
Equip trust 4 34s Nov 25 *38 '43 b 5.75
Equipt tr 4>4s 1938-47 J&Dlf b 5.75
Eouip trust 53as fc>ept 1 *38-'44. b 5.75
North Amer Cement Corp—
Deb 6 34S A with warr '40-M&£

127

93

75

634s

70

1943.
M&S
Income 634s 1953
M&S f
Nor Amer Refract 634s 1944-J&J
North German Lloyd—

20-yr s f 6s 1947
New 6-4% 1947

10254
9554

M&N f
M&N

42"

b

42

b

Eq tr 334s

42

ser

75

IF

6s 1937...
J&D /
N'west Pub's Deb 434s 1948. J&J
Northwestern Barb Wire Co—

46
17
88
130

10434

9134
8454

75"

80

63

68

9634
93

96

72
95
54

75

117
18

21

A&O
J&J

2254
2254
2254

15
58

9734
5734
4.40
4.40

K 1938-48--A&O b 4.10

Northern Elec & Nor Pap Mills—
1st mtge 5s to 1948
M&N
Debenture 6s 1943
M&N
Northern Redwood Lumber—

12734

lllV*
63

A&O

85

70

1 st mtge s f 534s w w 1945.F&A
534s without warr 1945-F&A
Norwestern Term Co 5s '48.-J&D /

10
91

83
83
21

Nova Scotia 8 & C 5s 1959.-J&J /
6s perpetual stock
J&J /

73

O'Connor Moffat deb 6s *38 F&A

60

<>:o-.riCoal 5s '55

op aft'08 M&S /

Ohio Finance—
See Investment trusts
Ohio Leather conv deb 5s '46-J&J
Okonite Co 6s stmp 1942
J&D
Old Ben Coal

28

9

96
93

/
/
/

18

7
25
88

/
/
Paper 6s 1943-J&J /
A&O

Osgood Co deb g 68 1 943
J&D
O'Sullivan Rubber 5 34s '47—A&O

39
35
21
60

70

Oswego PallcCorp 4 34s 1D52.M&S
Without warrants
Otis Steel s f 4 34o A 1962.-.J&J

80

Oxford Maimi Ptper 6s 1947-F&A
Pacific Atlantic SS 2-5s '43-M&N /
Pac Coust Cement 6s A 1942-J&D

34

62

Pacific Coast Co 5s 1946
J&I)
Palmer Corp of La 1st 6s'48 .J&D

Certificates of deposit
Panhandle Eastern Pipe Line—
1st mtge & lien 4» 1952---M&S
Paramount Pictures 6s 1955.J&J
Conv deb 334s 1947
M&S

Parmelee

80

5734
44

10034

Pan-Amer Industrial 7s '37.M&S /
Pan Amer Petrel Co (of Calif)—
1st conv s f 6s 1940
J&D15 /

23 34

/

1
24
24

9834
82

55

Transportation Co—

S f conv deb 6s

2334
2334

.A&O

34

Paton Mfg Ltd 1st 4 34s '56-M&S
Peabody Coal Co (Consol Co)—
1st s f 5s 1953 ser A
M&N
Pearl River Valley Lumber—

99

1st income 4-5s 1945-.—M&S

—M&N

105

94

5-yr 6% notes 1931
.M&S
Minn Valley Canning 6s *41—J&J

/This price includes accrued interest,

53
72

A&O
Certificates of deposit—

Minnesota & Ontario Pappr Co—

1948
1950

93

Serial 5% notes 1938

57"
Metropolitan Ice 7s 1954—J&J
Mar 15
Miag Mill Mach'y 7s 1956--J&D fk 24
95
Mich Tann & Extract 6 34s"38M&S
Middle Stales Petrol 634s 1945.
7534
80*
Miller & Hart Inc. dob 6s '43 .J&J
58
Miller & Lux Inc 1st M 6s '45A&0
119
121
A&O

15

40

96

1st 6s series A 1935
1 st 6s series A 1945

15"
10

J&J

1st income 5s 1945
Orono Pulp &

7% gold notes 1935

9934

10334

-

9634

89

18

Steel t)orp—

2-5s series B

24'

b Basis.

/

1st coll mtge s f 4s 1965.
J&D
Natl Tool conv deb 6s w w "42F&A
Nat Union Mtge 3-6s A '54—J&J

N

60
81

9434

19

1734

95

,

97

9854
10334

80

10334

F&A /

10034

1st 6s series C

109"

Radio tor 6 34s 1947
Certificates of dennsit

Nat

9334

Memphis Commercial—
Appeal 4 34s 1952
M&S
Mengel Co conv 4 34s 1947.-M&S
Mercantile Stores deb 5s 1947 J&J
Merchants Distilling Corp—
5% conv deb 1947—
M&S
Mersey Paper Ltd 5s 1957—J&D
Gen s f 6s ser A 1949
M&S
Messenger Corp deb 4 34s "51 J&J
Messer Oil 1st & ref 6s 1942.-J&J

100

Nat Oil Prod deb 4s 1952.—J&D

9934

(The) Corp—
M 6s 1945 with warr..M&N

75

&
42

Nat Gypsum s f 6s 1^43.
A&O
National Lumber & Creosoting—
1st 534s 1938-48
A&O

M&N

1st 6s serioa B

101

Corp 2-5s Jan 1 "55

Called May 23 at par.

57

81J

100
107

Interstate Zinc & Lead deb 7s '32 /
Isotta Fraschini 7s 1942 ---.J&D
♦

81

4534

Meaa

e->nv

73

New Eng Laundries 6s '36--A&O
4-5s 1956
J&J /

it.ss.in & Kobbins inc—

!?0-yr

21

deb 534s 1950.M&N

J&J

97

10034

A&O

Corp 6s (w s) 1948
Inc deb 734s (w s) Aug 1 1953Oregon-Am Lumber 6s 1942- A&O
Oregon Pulp & Paper 6 Hs to
Apr 30 '3/. 6% to 1945---M&N
Oreg Terminals 6 34s A 1942.M&N

McCormicks, Ltd, 4s 1952
McOrory Stores Corp—
5s s f deb 1951

,

—

Interlake Iron Corp—
Conv deb s f 4s 1947—— A&O

F&A

234
234
30

1st M conv 534s A 1946.M&N
Cum conv Inc 5s 1952---M&N /
Nat Food Products 6s '44—-M&N
/
Coll four fisws
A *44 M&N "
Natl Grocers Ltd 4s 1947— -A&O

48

—-

McCloud River Lumb 5s "48 J&J
McColl Fron'uac Oii6s 1949.A&O

1334

A&O

-

'

25

1937

lo-yr deb 434s May 1 "45-M&N

National

II

15

634s Jan. 1

91

J&J

Cum Income deb 5s 1946—M&S

Lake Superior Corporation—
Gypsum Lime & Alabast—
31
1st & coll tr gold 5s 1944- J&D
5^8 1948
—M&S
993$
93
Lane Bryant Inc deb6s'40wwM&N
H?le & Kilburn Corp 6s "39—J&D /
25
10154
Langendorf Un Bak 6 34 s '41 M&N
Hall (F W) Printing Co—
Lautaro Nitrate Co—
80
1st & coll 6s stmp 1947—M&N
7914
38
1st conv 6s 1054 with war
J&J
Hamilton By-JTod Coke Ovens—
38
Certificates of deposit
101
1st s f 5s ser A 1955
M&N
991^
1st mtge income 1975
99
Gen sinking fund 6s 1956--A&O
J&D
gg
Lawrence Portland Cement Co—
83
Hamilton Mfg 5s ww 1951--M&S
§234
98
Deb g 5 34s 1942
A&O
Hansa Steamship Lines—
72
Layne & Bowler 3-6 34s Dec 1947.
10-yr 6s 1939 stamped
A&O / 86
9634
Lehigh O & Nav fund 4s '48 J&J
6s unstamped 1939—
/ 100
Cons s f g 434s 1954
4834
J&J
Harpen Mining Corp—
48
Cons 8 f 434s 1954 ser O-.J&J
Mar.25
6s with warr for Am shs—J&J fk 27
Lehigh Valley Coal—
Harris-Seybold-Potter—
1st & ref 5s 1944
F&A
9434
86
Conv b f deb 5s 1951—-—A&O
84
1st & ref 5s 1954
F&A
21
Hart Coal inc 6s 1945
— /
19
1st & ref 5s 1964
F&A
Hatfield-Campbell Creek Coal—
1st & ref Rs 1974
F&A
1st 6Hs 1948
M&S
91
6s extended 1943
84"
J&J
Hawley Pulp & Paper Co—
Leonard Tietz—See Tietz
1st 6s s f 1946
--.-J&J / 107
11
Leipzig Trade Fair 7s 1953-M&N / 2134
Haytian Corp inc 8s Oct 1938- - - - /
834
Le Tourneau Foundation—
89
Hearst Publica 6 ^s to 1947.M&N
8734
91
4s coll trust conv 1947
J&J
Heller (Walter E) 4s ww "46.A&0
8834
85
Libby McNeil &LibW5s "42-A&0
10234
Helvetia Coal Min 1st 5s 58.A&0
87
62
85"
Liberty Baking 634^944
M&S
Heywood-Wakofield 5s 1946 J&D
1 iggett & Myers g 7s 1944--A&O
129
63
Hightstown Rug 6 Ms w w 1944..
60
Gold bonds 5s 1951
F&A
58
Hines Land & Timber 6s "48-. J&J
55
*21*
70
43
Lincoln-Boyle Ice 6s 1947
A&O
Hoe (R) & Co 5-7s 1944 w s..A&O
40
8734
57 h Lindsay Nunn Pub 6s 1944—M&S
4K-6HS 1st mtge 1944—A&O
Lion Oil 4 34s 1952
90
1
A&O
Holland-Amer Line 6s '47-_M&Tm /
39
Liquid Carbonic conv 4s "47-J&D
10034
Holly Sugar Corp 1 34s 1938-A&O
99
9434
100" Loew's Inc deb s f 3hs 1946-F&A
1st 2s 1939
—A&O
99 H
19
100
Logan County Coal 7s 1942.M&N
1st 234s 1940
A&O
99
38
1st 3^s 1941
A&O
98 Y
9934 Long Bell Lumb 6s sei A'42.J&J
6s series B 1943
A&O
38
1st 3J4s 1942
A&O
9634
9734
38
6s series C 1946
F&A
1st 4s 1947
&°
90
9134
126
Loiillard (P.) Co g 7s 1944—A&O
Home Serv( LosAng)6 Hs 42 A&O /
38
116
5s, 1951F&A
Home Serv(Port 1, ()re>7s "41 A&O /
27"
25
Lukens Steel 5s extend 1955 M&N
60
Housing & Realty Improv—
Manati Sugar 1st 7348 '42..A&O
25
7s 1946
M&N / 22
Ceitifieates of deposit.
30
Houston Oil f,o of Texas—
1st s f 4s Feb 1 1957
M&N
100
10-yr sec s f 53$s 1940—M&N
99^
Manhattan Kefrig 534s 1941.J&J
20
Hudson Coal 1st 5s 1962 A__J&D
17 Y
Mansfield Min & Smelting—
Hud Riv Day Line 6s 1939--M&S /
55
7s without warrants 1941.M&N f
8 f 1st mtge 6s 1946
83"
J&J
77
24
22
2d mtge inc 6s Feb 1956
Maple Leaf Milling—
/
16
2 34 s to 1938. 5 hstn 1949 J&D
Hungarian Central Mutual
Marine Elev (Buff) ext 5b '52M&S
Credit Mfg 7s 1937
J&J / 15
::::
Marion St'm Shovel 6s '47—A&O
Hungarian Disc & Exch Bank—

_

56
54

National Fire Proofing Co—

90

2754

Martin (G1 L) conv 6s 1939-M&N
Vlassev* Harris Co 5s 1947, .A&O

65

J&D

Nat Dairy Prod H^sw w'fil lVi&N
Natl Debenture Corp 3-6s 1953—
National Distillers Products—

102

100
68

113

15

J&D

3 1951

(Central Funding series

29

Debenture 5s 1961

2 1946

ser

Nat Container deb 53$s "52.

109

60~"

79

ser

Natl Consol Bond Corp 2-5s 1953-

55"

Ss uniform ctfs of dep 1959

8334

85

J&D

Certificates of deposit
Nassau (Oer) Landbank 6 M»s 193«
Nat 1 Acme 434s ext to *46. -J&D

9834

75
75
75

1941

1

Nat'l Bakifie f>s ser A 1941 M&N
Nat Bondholders partic ctfs

100

iy50._M&S

87
6

M&N /

.

Secured 6s 1937.

31

Lackawanna

45
75

73

Coll D 5s ser 4 1956..
.J&D
Munlsing Pap 6s A &B 1943-A&0
Munson
Steamship Line—

92

27

sor

0 >11 C 5s

La France Textile 1st 6s '42.J&D
Lake Erie Bolt & Nut—

F&A
F&A
J&J
An Apr

101

2 '66-A&O /
M&N /

ser

4

Coll A 5s
Coll B 5s

75
75

70"

634s 1942
634s Feb 1947
1st 534s 1961.

series

104

1947. M&S

x-w

Mtge Bond Co (Md) 2-5s Dec 1 "53
Mortbon Corp—

Krfuger & Toll—

88

6s

1933
5 34s series 16 1940

22

94

r_J&J /
Hungarian-Italian Bank Ltd—
Sinking fund 734s 1963—A&O /

6s

4734

85

Steel os

sec

1941—*_M&N

8s

ng

Mtge-Bond Co 4s

Karstadt

9834
5134
Ry.
91

__

Morris Plan

93

50

35-yr s f 7s 1963

HI) 1st ref 334-48 1951—A&O
Mohawk Rubber ext 6s 1938 A&O
Monon Coal—See Chic Ind & L
Monroe Coal Mining 6s "47
F&A
Montreal Cotton deb 6s '43-M&N

Morgan Eng

7234
96
66

Sf deb 5s ww

Bid

Missionary Sisters (Waukegan,

»efferson & Clearfield Coal & Iron

100 34

3% notes 1941-1942.— —J&J
General Bronze deb 6s '40—M&N

Bonds

Ask

Bid

Bonds

Ask

bonds
issue

6

8

102

k Last sale,

n

Nominal.

1944

72

April, 1938]

industrial

miscellaneous

&

83

bonds

NOTICE—All bond prices are "and interest" except where marked "f" and income and
defaulted bonds
Quotations for ail securities are as near as possible for the closing day of the month preceding the date of Issue

Bonds

Bid

Penn Amer Coal 6s '41-56
J&J
Penn Mercantile Properties—
Secured

s

f 3-4s 1961

J&J

m s

f 6s 1941

ser

36

39

78

80

Pennsylvania Glass Sand Corp—
1st

f 4 Ms 1960

s

103
35

40

8m
10
100 X
100M
10H

Phila & Read C & 1 5s 1973.-J&J
Conv deb 6s 1949
M&S
Phoenix Tron 1 st s f 6s 1946.M&N

Ti

103
10

Phoenix Silk Mfg 7s 1943—F&A
Pickering Lumber 6s A *46--M&N
Pierce Butler & Pierce 6 Hi a '42..

103 m
12

28
2

Pillsbury Flour Mills 6s 1943 A&O
Pine Hill Collieries 1st 6s '42 A&O

30

8

100

106"

Pittsburgh Coal Co—
Sinking fund deb 6s 1949.F&A

106 M

Pittsburgh Coke & Iron Co—
1st mtgeconv 4 Hs 1952—M&S

81

108
85

Pitts Crucible Steel 5s to '45.M&S
Pitts Steel s f 6s 1948
F&A
Pocahontas Consnl Collieries—

104

1st gold 5s 1957 op
J&J
Poor & Co s f deb 4s 1946
A&O
Portld Woolen Mills 6 Ms'41 M&N
Porto Rh an Amer Tobacco—
Conv 6r 1942.
J&J

103 h
90
93

90"

92

96

50

80

82

73 n
90
90

21M
100
85

34

37

67

"

104

Railway W'house 4-6s (w-s) '47
Realty Bond & Mtge deb3-6s '53.
Red Riv Lumber 6 Ms 1938-M&N

72

44

26

108
29

93"

.

It*
104

ffl*
72
100
93

86
90

109
73
74
101
95

91*

97
93

32m
32

A&O
A&O

Ruhr Housing 64s 1958..- J&J
Safeway Stores 4s s f deb '47-J&D

103

1M
21

90 m

1?*
100 m

J&D
JJ J

9H
65

St Paul Un Stk Ydr, 5s 1946. 1&0
Samson Tire & Rubb 6 Ha '39 J&J
Saltex I ooms Inc lis 1954
A&O

93
22 %

25
101

s

54
24

21H

M&S

70

72

M&S

Scullfn Steel Co—
1951

A&O
3-6s without warrants '51 A&O
w w

Securities Accept Corp 5s '46 J&D
Seneca Copper 7s 1933
J&J
Servel Corp 5s 1948.
J&J

II

80
22

32
32 h

Scripps (E W) deb 5Ms 1943 F&A
3-6s

56

16
24

Mfg Co 5Ms 1945—J&J

conv

101M

...

Stamped..

1st

6614

15

coup on*
f 6Ms 1946 ser B-.A&O

Schulze Baking 1st 6s '45
Scott Paper deb 3 Ha 1952
Scovill

10

ii*
el*
if*

Stamped (July 1933




51

24 H
62

125-

105m
106 M
98 h

108
108
99 H

50
39

44"

?i*

12"

100

107

44 m

48m

49 %

95

99 m

100 M

70

75

45m

50

1937—A&O

ser

Wilcox

55

4

6

107
95

1951—J&J

75

122

Copper & Chemical—
97

.

35

103 H

104 m

2

65

91

M&S
Paper 6s *40

4

62

1st 8 f 5Ms ser A 1951

Tokhelm Oil Tank & Pump—
4Ha conv deb 1947
F&A
Tomahawk Kraft Paper—
1st 5s (with stk) 1951
A&O
Trask Timber 1st 3s 1944
J&D

98

85"

5s '42.-J&J

Corp deb 3 Ms 1951—J&D

95

102 H
99 h
23
25

100H
29

55 M

37

/

92

Conv 6s 3d stpd 1944
-F&A
Certificates of deposit

28

30

31M

Union Compress & Warehouse—
1st 2H-4Ha ser A 1942—J&J

J&J

15-yr 3 Ms deb 1952

81M

13 M

/
J&J /

13

13 M

M&S

93

98

J.v.1

90

J&J
A&O

5Ms 1943...'.

16M

96 M

97"

71

77

75
33

36"

M&S

( v lan) Tr & St 6s 1944.A&O

Woodland Farm Dairy—
6 Ms w w 1944
Woods Mfg Co Ltd

102

J&D

85

J&J
3 Ms series A 1942-1945—J&J
4s series A 1946-1947
J&J
4 Ms series A 1952
J&J

98
97

1st 3s to 1941

Woodward Iron 1st lien 5s '62J&J
2d conv inc 5s 1962..Ann Apr
Woodward & Tiernan Print—
6s 1942
J&J
York Ice Mach 6s 1947
Debenture 6s 1943

96
93

102
85

....

97

96

103 M
88

95 M

A&O

85

J&D

80

Youngstown Sheet & Tube—
IstMsf 4sser C 1961

M&N

97 M

97 M

No. Lost Sojr
N Y Stock Exch—.1,375 $52,000
N Y Cotton Exch
450
9.500
N Y Cof & Sug Ex.
344
4.250
N Y Curb Exch
550
12.000

7,566

lcT.665

2,750

4,500

Boston Stock Exch.

SEATS

76
139

Chicago Bd of Tr.. 1,549
Chicago Stock Exch
368
Cleveland Stk Exch
Detroit Stock Exch
Ft Worth Gr & Cot

900

"600

l'.ood

3.100
2,600
1.701'

2,500
2,500
900

3,500
2,900
1,700

2,500

5,000

4",666

4",500

f,666

1,500

"900

1,150

41

2,500

69
66

6.000

350

Kan City (Bd of Tr)
Los Ang Stock Exch

213

5,250

81

1.500

116M

Milw

188
523

125

105

18

/

United Amusement Corp—
1st s f 5s ser A 1956
F&A
United Biscuit deb 5s '50
.A&O
United Cigar-Whelan Stores—

103

100 M

100

J&J

Union Rock 1st 6s s f 1947..M&S
Union Term Coal Stor 6s '39.F&A

33
33
32
33 M

100

Union Oil Co ol California—
6s May 1 1942 ser A
F&A

79 M
110

13

Gas 6s 1945

Baltimore Stk Exch
28

100

30

104 M

Turner Glass Co 1st 6s 1939.J&D
Ulen & Co—

36

92

A 1930

EXCHANGE

51

32

48

Wise Lime & Cement 6s '38. A&O f
Witherbee Sherman Inc 6s 1944.. /
Wood

68

75

Wilson Line 7s 1945
Winslow Bros & Smith—

106
92

A

loiji

'80

/

Wilson & Co 4s ser A 1955
Conv debs 3 Ms 1947

86

J&D

< >il

13

II*

Pr lien & coll 7s Jan 1935.M&N
Certificates of deposit

5-year 7s

M&S

/

M&N

Wickw Spencer Steel 7s '35.-J&J
Certificates of deposit

Secured 6s 1945

1st 5s 1943-1951

2

92

100 M
90

Pulp & Paper 4 Ms '52 J&D
West Chain Stores 6s ww'39 M&N
Western Fuel Corp 7-4s '50.M&N
Western Newspaper Union—
Conv deb 6s 1944
F&A
Western Steel Prod 8s A '48.M&N
Weyenberg Shoe Mfg—
Debenture 4 Ms 1945——J&D
Wheeling Steel Corp—
1st M s f 4mb ser A 1966—F&A
Whitaker Paper 7s 1942
M&N
White Sewing Machine—
Deb 6s 1940.

19

Grain & Stk_
Minn Ch of Comm.
Minn-St P Stk Ex.

98

Montreal Stock Ex.
\ew Orl Cotton Ex
New Orl Stock Ex.

106"

60
96

105M

S f 5s Oct 1 1952
A&O
United Corps Ltd in<" 5s 1953 F&A
United Elec Coal Cos inc 7s 1940.
/
United Drugs 5s 1953
M&S15

United Grain Growers Ltd—
5s series A 1948
J&J
5 Ms series B 1949
M&N

United Industrial 1st 6s 1945. J&D
/
Deb 6 Ms 1941
M&N /
United Merch & Mflrs 6« 1945 J&D
United securities Ltd 5Ms 1952..

t ITice of Wheeling Stock Exchange memberships are fixed.
* Called May 1
r Canadian prices,
s Sale price,
y 80 seats, 70 members.

Nominal,

95

81"'
•

1
87

1947..A&O

F&A

Conv 6s 4th stamp 1950..F&A
Unified Deben Corp 5s 1955

101M

West Indies Sugar 6s

30

94
78

mas f

W Va Coal & Coke 1st 6s '50.J&J

Tide Water Assoc Oil 3M* '52J&J

103 h
50

!10M

34

29 M
26

W Va

M&S

nderoga Pulp &

M&N
M&N

1937

72

1st mtges f 5Ms ww 1949-A&O
Studebaker Corp 6s 1945
J&J

Tic.

M&S /
M&S /

32

Tietz (Leonard) 7M» x-w '46.J&J
Tilden Lumb & Mills 6Ms'46M&S

136

100 X

Guar

109 m

Texas Sugar Ref 1st 6s '44..F&A
Tbermoid Co 6s w w 1951J&D
Three Rivers Grain & Elevator—

4

1941

28

28"
104

f deb 6s

Conv deb 4 Ms 1952

20

bridge & Clothier—

Warehouse 2d

s

18

Strutbor8 Wells Titusville—

I'erm

11

37

Webster C&C 1st g 5s '42 op M&S
West Disinfecting 6s 1940.-J&J

55

5s

Conv

68

Texas

21M
*

92

67

RR

63 m
60

Wayne Coal Co 6s

1936
J&J
deposit 1936—J&J
2d stamped 1940
J&J
Strange (John) Paper 6s '44—J&J

&

55"

.M&S
A&O

5 Ms notes 1937
Warren (S D) Co—
1st mtges f 4Ms 1952

90

7s unstamped

Coal

60

A&O

20-yr 1st mtge 4s 1955

85

Stinnes (Hugo) Industries—

Sugar Estates of Oriente—
1st 7a 1942 ctfs of dep

100

Warren Bros Co—

20

63

iStutz Motor Car 7 Ms

98

100

Walton Lumber 1st 6 Ms '41 Q-Jan
Walworth Co 6s s f deb 1955.A&o

1942

70

63.00%

__

101M

85
88

deb 6s 1944 ser B __M&S
Tenn Corp deb 6s ser O '44—M&S
Tenn Prod 1st 6Ms 1936
J&J

100

1st 5s '39_. F&A

Saratoga Victory Mills—
6 Ms 1943
J&J
Saxon Pub Wks (Germany)—
1st extl s f 7s 1945
F&A
Gen & ref 6Ms 1951
M&N
6% noiee 1937
J&J
Sayre & Fisher Brick 6s 1947 J&J
Schoenstadt (H) & Son 6s 1950
Schulco Co 6Ms 1946
J&J

103 m
40

101M

cum

1948

36

Warner-Quinlan Co 6s 1939.M&8
Warner Sugar Corp 7s 1939.J&J

Corporation—

f 5s

7M
99
4

Iron Coal & Coke 5s '49.M&S

Warner Bros Pict 6s 1939
Warner Co 1st fis 1944

100

18

Conv

25
103

90 m
104

101
35

44

Tenn

66 M
90

22

4

98

A&O

Tcnn

St Joseph Stock Yds 5s '40--. F&A
St Louis Gas & Coke Cori»—
1st M s f 6s 1947-.--*
St L Rky Mt & P 5s '55 stpd

37

A&O
A&O

s

90

27 m

1st 7 Ms 1943
M&N
Wabasso Cot'n 3M-4Ms *51 F&A
Walker (Hiram)-G & W—
Deb 4 M« 1945
J&D
Waltham Wtch & Cl'k 6s '43 J&D

103 m

Taylor-Warton Iron & Steel—
Coll inc 7 Ms July 1 1958—A&O

Royal Dutch CoDeb 4s 1945 with warr

50

103 H

inc 3-5s Apr 1950.
Steel Co of Can 6s 1941)
J&J
Stern Brothers 6s s f 1947
J&D

1st

82

35

19

-

Stanley Co (Camden) 6s 40 J&D
Stanley Crand.ill 6s 1946-.F&A
Stanly-Rowl-Clark 6s 1946
F&A

Straw

80

34

34

Assuot^d

1946

A&O

Vulcanite Portland Cement—

Spang Chalf't & Co 1st 5s '48 J&J
Spirit Lake Transfer 5s 1946--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

unstamped 1946

1941

Vertientes Sugar 1st 7s 1942.J&D
Certificates of deposit
Vlau Biscuit Corp 6 Ms *46.-J&J

4

Stevens & Thompson Pap 6s
Stillwater Worsted Mills—
Deb 5 Ms A 1943

85

Corp of Amer—

Va

_

7s

20 m

99 m
50

Van Camp's Inc 1st 6s 1943.-J&J
Van Dorn Iron Wks 7s June 1 1942

99

46

A&O

Taggart Bros Co 6s 1944

M&S
Richm'd Cedar Wks 6 Ms '45 J&J
Richmond Hos Mills 7s 38..F&A
Richmond (Va) Ice 6Ms *42. A&O
Rima Steel Corp 1st s f7s '55 F&A

St Clair Furnace

Ice—
A&O

-

81

60

89

w

28m
28m
28m

88 M

Dairy Products—
1938
.M&N

w

104 Vs

Trucking Corp oMs'43_.J&D

Vicana Sugar Co 6s 1P55
J&J
Victor Amer Fuel 6s 1940
F&A
Victor Fuel 1st s f g 5s 1953. _J&J

Conv income 5s 1944
So'western Devel't 4s 1942.-J&J

6Ms

10

107
94
52

United Steel Works (Germany)
6 Ms series A 1951
J&D /
6 Ms series C 1951
J&D
6Ms series A 1947
J&J
United 8tockyards Corp—

Vanadium

70

Superior Steel Corp 6s 1938-J&D
Susquehanna Silk Mills—
Sink fund deb 5s 1938
J&D
Swift & Co 3 Ms 1950—
M&N

Riordon Pulp & Paper Ltd—
1st 6s June 30 1942...J&D30
River Raisin Pap 1st 6s '45.-F&A
Roberts & Oake (Chi) 6s '44.M&N
Rocb & Pitts C & I 5s *46—-M&N
Rocky Mtn Fuel 5a 1943
A&O
Rolland Pap 1st 5Ms A '48.. J&D
Rolls Royce of Amer 7s 1937 M&S
Roman Catholic Church 6 Ms J946
Rom Cath Church Welfare 7s 1946

83

Ice Co—

1950

98
98

f

Utilities Elkhorn Coal 6r 1 948 T& J
Valvoline Oil ext 5s 1947.-M&N

72
71

Sugar Pine Lumber Co—
1st M serial 6s 1932-1942.M&S

M&N

Rueping (F) Leather 6s '40—A&O

96

5

U S Pipe & Foundry Co—
Conv deb 3 Ms 1946
M&N
U 8 Print. & Litho 6s 1950.-A&O
U 8 Radiator deb 5s 1938
F& A
conv deb s f 5s 1946
F&A
U S Rubber 5s 1947 ser A
J&J

Conv deb 5s

A&O

4s ctfs of deposit
2d stamped 1946

Certificates of deposit
Conv s f 4s 1952

Ruhr Chemical 6s 1948

80

4s ctfs of

/

5s with stock 1951
F&A
Richardson & Boynton Co
Cum income 4s 1945
J&J
Richfield Oil of California—

A

Oil 3 Ms '50-A&O

7
98

15-yr coll tr 4 Ms A ww '51 A&O
United Wall Paper Fac 6s 1947.
Universal Sewer Pipe 6s 1938.J&J

107"

Stinnes (Hugo) Corp—

_

ser

w s

Secured

M&S

Coll tr 6s 1944

105 m

Kraft Corp—
1st leasehold 4 Ms 1946—J&D

Starrett

Railway Express Agency Inc—

Broiore & Sleet b* 1944.

103 m

50

Standard Ice 1st 6s 1947
F&A
Stand Oil (N J) deb 3s -61 —,J&
Stand Textile Prod 6Ms '42 M&S

Radio-Keith-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 65% paid.
Debentur» gold 6s 194I-.J&D

Relianci

93 m

92

99

1950
Southern Advance Bag & Paper—
1st a f 6s 1947
J&D
Southern Brighton Mills—
1st gtd 7s 1940
J&D
1st gtd 6 Ms 1940
J&D
Sou lee & Util conv 6s 1946.F&A

Southwest

45

85

Remington Rand Inc—
20-yr deb 4 V* t> w w 1956
MAC
4 Ms without warr't8 195G M&S
Republic Steel Corp—
Gen mtge couv 4M» A '50.M&S
Gen mtge 4^4 ser B 1961 .F&A
Gen mtgel 5*3 ser C 1956 M&N
Purchase money 5 M" '54.M&N
Restigouche Paper Ltd 6s '48F&A
Revere Copper & Brass—
'
1st mtge 4 Ms s f 1956
J&J
Reynolds Met deb 3 Ms *51—J&D
Rheinelbe Union 7s 1946
J&J
Rhine-Main-Danube 7s '50 M&S
Rhode Island Ice 6s 1948—M&N

97

102 m

*outh Coast Corp—
Gen mtge inc 6s April

1st 4s

42

_

82 m

90
95

Smith & Wesson 5Ms 1938..J&J

Southern United

1st income 6s 1958..-—J&D
Protestant Church of Germany—

's-ai.

68"

96

Slattery Co 1st 6 Ms '45
Hmith (Howard) Paper Mills Ltd
1st 4mb 1951
J&D
4mith (L O) & Corona Typewr'rs
Deb 2% to4M% to 1946—.J&J

Southern New England
1st s f 4 Ms 1967

72

88
85

19MP-'4P

64

90 m
80

Southern

M&S
2d conv deb 4s 1957
M&S
Produce Term & Cold Storage—

*•

101H

70

J&J
J& '
M&N

A 1951

45

42

f deb 5 Ha 1947

101

Bid

U S Cold Storage (Kan
City)—
1 st sink fund 6s ser A 1946-F&A
1st sink fund ser B 1949..F&A
U S Finishing 5s 1944
J&J

U 8

1st & coll 4 Ms

45"

73

7s 1946
-A&O
Prov Paper I td 5 Ms 1947—M&N
Purity Bakeries 5s 1948
J&J
Quaker City Cold Storage—
lets 15sl953
M&N

99

Simpsons Ltd—

42

1st 5s 1957

75"

395

Signal Oil & Gas—
Conv 6Ms A
1945
..M&N
Signode Steel Strap 3Ms '45-A&O
hlesian-Am Corp 7s 1941.. .F&A
Siiverw'd Dairies 5s *41 to *51 J&J
•timmons Co Conv deb 4s'52A&O

Southern Ice Co—
1st &ref8-5s 1942

Pressed Steel Car Co 5s '51-.J&J
Rice Bros & Co Ltd—

Series

1940

42

Potomac Realty Atl Deb Corp—
3-6s 1953
Potrero Sugar—
7s stamped 1947
M&N
Pratt Cons Coal 1st s f 5s *55 J&J

U S Bond & Mtge Corp—
Coll trust 6 Ms 1940
M&N
Gtd coll trust 6Ms 1942..J&J
U S Cold Storage(Chg)fls'45_J&J

M

72 m

Ann Apr
J&J

Deb 6s 2930

53

...

Bond Corp 2-5s 1953—
Cons Deb Corp 3-6s '53.
Deb Corp 3-6s 1953.—
Franklin Deb3-6s 1§53_
Potomac Md Deb Corp 3-6s 1953

s

10-yr 7s '35 J&J
f 6 Ms '51 with war M&S

So cony-Vacuum

Potomac
Potomac
Potomac
Potomac

Bonds

54

50
98

•ikelly OH deb 4s 1951

108 M

Pireili Co of Italy con 7s '52 M&N
Pittsb BreWing 6s Feb 4 '49..J&J

J&J

f 6s 1947

liemens & Halske

7s

w w 1943
—M&S
6% notes w w 1938
M&S
Phelps Dodge 3 Ms 1952
J&D

Conv

s

Deb g 8

J&D

Pettibone Mulliken—
6s

Ask

98

15-year 3Ms debs 1951..-M&S
iberidan-Wyoming Coal Co—
1st

A.M&S15

Bid

1hell Union Oil Corp—

Pennsylvania-Dixie Cement Corp
1st

Bonds

Ask

80

at par.

75
89

107 M

76 M
92

Phila Stock Exch
Pittsb Stock Exch.
St Louis Exchange.

—

19

1.300

t/80
500

1.000

*125

1.250
46.000

70

175

200

800

1.000

115

1.000

45
49

1.100

1,000
1,200

69

18,000

72

4 eno

89

93

62 M

70M

Salt Lake Stork Ex_
San Fran Stock Ex.
San Fran Curb Ex.

Seattle Stock Exchl
Seattle Curb & M.
J
Toronto Stock Exch

36

300

"250

182 M

113

85.000

65,000

Washington Stk Ex
Winnipeg Gr Exch.

40

500

463

6.000

83 M

79

25

24
25

35

80

84

60

5oo

'400

750

62

b Basis.

f This price includes accrued interest,

500

6"f66o

6,500

ft TA«t sale.

Industrial and Miscellaneous Stocks

193764

Quotations for all securities are as near as possible for the closing day

Stocks

Par

Bid

Stocks

Ask

Par

Per share

Dunean Mills

STOCKS

Algonquin Print. 100
American Mfg.. 100
5% Preferred.100
Amoskeag Mfg
*
Arlington Mills..100
Barnard Mfg
100
Beacon Mfg
100
100

27

18

Eagle Vara
Easley Cotton Mills

45

52

10X

7 % preferred
Eflrd Mfg

16

19

54

Enterprise Mfg (Ga)

3X

SM
33

26

50

18

85

100

Bourne Mills

10

11

*

84

5

100

7

8

Mills.. 100

15

19

Preferred

Dexdale Hosiery—
Preferred
100

10

*

48

100

Draper Corp
Farr Alpaca

4

Cotton

*

Gosnold M (N B)__*
Preferred
100
Prior preferred.25

Hathaway Mfg..100
Kilburn M (N B)_75
Luther Mfg
100
Martel Mills

8.50

62
4M

o

1*

26

28"

18
43

19

29
20

22

X

IX

17

10X

1 ox

2nd preferred

1
Nonqifltt M (N B).*
Pacific Mills

»

Mills pref

100
100

Pierce

Mfg
Pilgrim Mills
100
Plymouth Cord.. 100

~3X

5

common

Quissett Mills
100
Rich Borden Mfg
Oo (F R)
*
Saco Lowell Shops
*

Common

Preferred A

20
20

Preferred B

14

63*

~7X

r

96

Ohio Copper of

Penmans Ltd com. *

r

50

100

r

125

r

17

Preferred

94"

100

42

G"anteville Mfg. .20
Grendel Mills
Preferred——.20
Hamrick Mills.—

45

8

_

Hanover

10

17

20

33
9

38
12

106

112

95

97

85

95

Mills—

6% preferred

10

4% preferred
S3 prior pref
Highland Pk Mfg 20
6% preferred
Imperial Yarn

50
50

55

86

62

87

45

3

20

69

100

Oo

X

Cerro de Pasco

28

Mills

82"

88

76
7

79

105

Ootton

10H
31
33

Pickens Cot Mills

7 % preferred

100
7% preferred-.100
Perfection Spinning.

1

19"

2

....

Mfg
20
Poe (F W) Mfg.. 100
Rhodiss Mills 7% pf

63

4

Ǥ*

102

4X
63

100
64

6
93

98
4

Preferred

Calhoun Mills
Cannon

68
25
8

96
101
6

77"

72
83

24

28

100

45

si*
55^

*

29

29X8

Mills

87"
6X

Chadwick-Hoskins

10

6

8

8 % preferred- -100
China Grove Got

91
65

94

Chiquola Mfg
20
6% preferred
Clifton Mfg (SO) 100
Climax Spinning. .50
Columbus Mfg (Ga)
Converse (D E)_100
Cowpens Mills.....
Orescent Spinning..
Dallas Mfg (Ala) 100
Darl'gton Mfg(SO) 6

30

34

94
103

98

107

53

57

70
87

75

Oo

70

91
4

45"

45

13

17

IX

IX

4X
1

Oresson Consolidated

Gold Min &M..1

X

H

Cusi

47

62

Eagle Pich Lead-.10

7

35"

Evans Wall Lead-.*
7 % preferred. .100

3%

25

Riverdale Mills—

75

11

13

84

89
95
14

18"

24
9

100

common

*

3

4

98

Mortgage Guar..*

Southern

1

30

OX
11X

49X
24 X

12X

27

Title

35*

6X
11X

com

25"

17

Illinois Zinc

7 % preferred- -100
Spartan Mills
100

21

*

5X

of New York

43
115

8

17X

18

17

20

Sterling Spinning

42

47

Stowe

42

47

20c

40c

pref—100

55

60

Kennecott Copper.*
Kildun Mining T
1

Class B pref—
50
Union-Buffalo
Mills

8

12

King David Mining.

10
86

90

Klrkland LakeGold 1
Lane Rincon Mines 1
Lake Sh Mines Ltd 1

20

Startex Mills

Spinning

Texti I ee Inc
Glass A

com.

.10

10

Common
1st

7% pref... 100
2d 5% pref...100
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
Wellington Mills.. *

17
37

18X
\

1

110

41
83

78
55

60

56
93

88

15X

67"

72

16 X

18X

Mills

Wiscassett Mills

Woodside Cotton.20

IX

J
i¥it
48
90c

Lava Cap Gold Mini
Louisiana L'd & Ex 1

0%

Gold Mining...10

100

Wlnget Yarn
Mtge 6s

111

78

83

128

134

4X

OVs
IX
115

IX
X

28%
iB
A"
1.00

OVs

Lucky Tiger Comb

West Point Mfg. .20

Preferred

$6 preferred
1
Isle Royale Cop..25
Jardine Mining
1

5X

X
18X

Magma Copper OolO
Mayflower-Old
Colony Oopper.25
Mclntyre PorcupIne5
Miami Copper. __.5
Mining Corp of

6c

20

Stove
*
Abbott Lab'tories.*

21X
OX

7X
OX

%

l50

Abbotts' Dairy
*
Abercrombie & Fitch
Common
1

$6 preferred
75
Abitibi Pow & Pap.*
6% pref
100
7 % preferred—100
Abraham & Straus.*
Acme Steel
25
Acme Wire v t c._20
Adams (J D) Mfg..*
Adams Express
*
Adams Millis
*
Adams Oil & Gas.*

Multigraph Corp... 10
Advance Aluminum

Castings com...5
Advance Rumely..*

20c

a

Purchaser also pays accrued dividend.

value.


http://fraser.stlouisfed.org/
\
Federal Reserve Bank of St. Louis

1 Flat price*

* Last said.

»

Nominal.

r

30

40

32X

34

20

20 X

TVs
ox
14

8

7
17

4%

5X

iox

17X

2

IX

1$

4

5X

2X
4X

IX

IX

Aetna Brewery
Aetna Rubber

Canadian price.

1.10
10
20

14 X

1

5c

*

Preferred
Aetna Stand Engine*
Preferred
—100
Agfa Ansco
*

20X
2X
5

20c

X

X
50
3

~3X

40

50

24

25

Agnew-Surpass—
Shoe

*

com

Preferred

Without par

9
15

*

t New

9X

iox

"5"

"5%

5X
X

OX

100

Alnsworth Mfg
5
Air Associates.....1
Air Devices Corp—1

*

20 "
11

*

Aetna Ball Bear—.1

IX
47 X

75c
38

45

1.00

Class B

0

aIH
46

7
40

Class A

37X

X
4X

65c
37 X
108 %
15

Aeolian Co—

6% preferred A.50
Aero Supply Mfg—

National

Tunnel
and Mines com..*
New Jersey Zinc
25

4X

Addressograph

30X
5X

Canada
*
Mother Load Ooali'n
Mines
Mt City Copper....

X

Trust

4X% convpfd

20
Mining.. 1

Copper

&

INDUSTRIAL AND
MISCELLANEOUS

Inspiration Cons
Internatl

Guar

A B

Warrants
Island Creek Ooal.l

Worsted

Southern

5

Bay Min
& Smelting..___*

Franklin

Process

X

Lawyers Title &
Guaranty.,
100
%
Natl Surety Co. .10

Hudson

7% preferredlOO
Southern Weaving.*

DEPOSIT STKS.

Bankers Bond &

Home Title Ins (NY)
Lawyers' M Co
26

Homestake Mines
Howe Sound Oo

....

GUAR¬
ANTEE & SAFE

98X

X

.

81

a

TITLE

34

2X

Mining
25c
Hollinger Mines
5

76

a

10

1

13

a

90

Hecla

8X

a

32

Power common. .5
Gr eene-Cananea 100

Mines

a

Bond & M Guar..20

Granby Cons M S 8c

90

l5o

_

EmpireTitle &Gul00

Goldfield Consol

25

Sibley Mfg (Ga)_100
Smyre (A M) Mfg l6
7% preferred
Southern
Bleachery
6 Print Wks
♦

a

50

40

Smelting com.. 10
7 % preferredlOO
Golden Cycle CorplO

Rowan Cotton Mills
Saxon Mills

a

48

7X
%
4X

a

City RET (C)_.500
Congress St Associ¬
ates (Boston) .100
Factory Bldg Tr.100
Fifty Associates (B)
Hotel Tr (Boston) l6o
Kimball Bldg Tr 100

Federal Mining 8c

100
70

6c

100

.100,a

Bldg Tr

Chic R E Trus's. 100

X

25c

4%

Mexicana__50c
Dome Mines Ltd..*

83

57"
120
27
21

7% preferred-.100

5

92

57

Pacolet Mfg

48"

Boston Wharf

3X
48 X

Canyon. 10c
Copper Range
__*
Cornucopia Gold .5c

Tj[Bos)_l00,a

Bos Stor W'h'se.lOO a

aH
4c
20c

43

Bos R E

5

Copper

53"

IX

Cent

Cons Min & Smelt .5

82

IX

ox
IX

29

3X
46X

46

1

Bd of TrBld Tr.100 a
Bos Gr'd R'TTr 100 a

10c
1

Copper

IX

65c"

ox

An*

Clear Creek Cons—
Como Mines

60c

40c

30

Consol

87

8*

25

30c

REAL ESTATE TR
LAND STOCKS

X
20

9

42"

100

8X

*

Chief Consol Min._l

7

.

Musgrove Cotton—

Orr Cot Mills

20

7% preferred-.Burlington Mills— 1

5X
X

1

IX

Yukon Gold......5

IX
5X

65"

Norris Cot Mills

25

100

1

10

Preferred

25c

100

Wright Hargreaves
Mines
*

2X
IX

60

IX

II
1

Silver-Lead. 1

10 X

2X
IX

Majestic Mfg
Marion Mfg Co
Marlboro O Mills..4

6
10

Sunshine Mining. 10c
Teck-Hughes G M.l
Tonopah Belmont-1
Tonopah Mining. .1
Union Copper Land
& Mining
25

6c

24X

49

Mills..

10

24X

44

Mooresville

22X

10

r

Linford Mills

pref.. 100

'fx

5

Stand

,

Z Oo_5

Copper

King Coal

So Am Gold & Plat. 1

Utah Copper Co..10
Utah Metal 8c Tun.l
Walker Mining
1

20c

Mill

Silver

4X

United Verde Ext50c

Central Am Mines. 1

Chile

13H
25X

1
5

30c

20c

Dredg¬
5

Calumet & Hecla—5

98

1

10

Copper

28 X

X
X
2X

Carnegie Metals

Nat Yarn Mills...50

Avondale Mills
1
Beaumont Mfg
7 % preferred
Belton Mills (SO).25
Bibb Mfg
Brandon Corp A
Class B

2c

40

Preferred

Arcade Cotton
Mills

2in

Zino-Lead
1

Callahan

snares

Shattuck Denn

V

36"

100

Newberry O M..100

Cn

Anderson Cotton
Mills.

Seneca

36"

Monarch

2X

96

7 % preferred. .100

St Anth Gold M
St Joseph Lead

Bunker Hill

Preferred

Common

*

9

5

6 Sull'n M 8c C2

Antelope Min

Ltd Amer

7c

5c

2

IX

25

8X

Mines—1

Butte Cop 8c
Butte & Slip

7
2

...

5c

1
Austin Silver Min-.l
Backbone Gold
1

66

78

Cotton

pref

Inman Mills

King (J P) Mfg.. 100

55"

Pond Creek

Roan

Comstock

ing, Ltd

8X
2X
2X

Qulncy

Zinc Lead &
Smelting
1
$5 prior conv pf 25
Anaconda( 'opMin 50
Andes Copper M.20

Gold

IX

Pocahontas
•
Premier Gold M...1

106

STOCKS

6% preferred.. 100

Amer Yarn 8c Proc_.

106
106

Amer

Bulolo

42c

25

Amer shs ctfs._10
Pioneer Gold Ltd__l
Polaris Mining..25c

106

10
Altar Cons Mines. X

Consol

9c

1
Old Dominion Co.25
Pacific Tin
*
Park-Utah—

106

Mining

55

Laurens C M

25

CM(SC)10

Acme Spinning
Mills

100

Admiralty Alaska
Gold Mining
1
Alaska Juneau Gold

Ariz

40c

Utah

100
/100
/ 100
f 100

;
/

MINING

49*

Consol Mines...1
Patino Mines 8c

1935.

11

15

an*
67

Nipissing Mines

-

Black Hawk

8

10X

Southern Mills

Alabama

69

20

10

Enterprise—

Bagdad Copper

24

Riverside & Dan Riv

Abbeville

60
144 X

MARINE INSUR¬
ANCE SCRIP

59

35

Glenwood Mills .100
Gossett Mills

Piedmont

100

5
Noranda Mines
North Butte
2.50

99

36
9

72
73

1

29

*

38

_

Limestone Cot Mills

9X

30

Mills common

M

95

54

98

Saratoga Victory

Wamsutta

7% preferred-. 100
Gafrney Mfg
50
Conv pref
10

68

9

*

Preferred
—*
Soule Mill (NB).100

r

7

95

7
35

7

6

100

Mills

r

Montreal Cottons.
Preferred
100

<95

Judson Mills A pflOO
Preferred B
100

32

Powdrell & Alexander

Sagamore Mfg
(F R)

~6"

10

90

Mills

~2%

Patchogue Plymouth

Pepperell Mfg

r

100

Preferred

99

Serial notes

Industrial

100

(Baltimore)

Domin Text Ltd—*

Rosario

Atlantic Mutual—

Hartsville Cot Mills.
Henrietta Mills—

Mt V-Woodb Mills

Preferred
100
Nashawena M
*
Nashua M (N H) 100
Preferred
100

108

—

7 % preferred
Florence Mills—100

65"

100

76

98

20

Fairforest Finish Oo

Knit.5
7% preferred..100

Preferred
N Y & Honduras

45

r

55

18

110

Hanes (F H)

J*

1

Mohawk Carpet-.20

Sanford

45

20

Gainesville Cot Mills

Brighton Mills—

Preferred

100

6% preferred. .100

Flint Mfg Oo

17 X

Preferred
100
Border City Mfg 100
Boss Mfg com
100

General

100

Common

80

10

r
r

100

59

65"

50c

Per share

Ltd 100

23

g*

42

Wabasso Cotton— *

25

6%

Bid

Newmont Mining. 10
New River Co
100

Mills

Converters. 100

Can

Can Cottons
Preferred

preferred-.100

110

unassented.*

Bigelow-Sanford
Carpet common.*

Charlton

30

28X
109

Eagle & Phenix—100

100

Erwin Ootton

Spinning Oo
♦
New preferred...*
Pref

20

7% preferred-.100
Hosiery

Durham

Northern Mills

Preferred
Berkshire Fine

20

Par

Stocks

Ask

Per share

Canadian

65
7

Dixon Mills...

Drayton Mills

TEXTILE

Bid

Par

Stocks

Ask

Bid

Per share

of the month preceding the date of issue

stock.

X

s Ex-dividend.

APRIL, 1938]

INDUSTRIAL

Quotations for all securities

Stocks

Par

Bid

&

are as near as

MISCELLANEOUS

STOCKS

85

possible for the closing day of the month preceding the date of Issue

Ask

Per share

Air Reduc'n com__*

40%

41

Amer I G Chem A.

Air-Way Electric

Amer Insulator.

Appliance

Albany Packing. 100

30
58

Preferred
100
Alberene Stone of Va
Vol trust ctfs

5

Alberta-Pacific
Grain class A

Am Internat Corp
Amer-La France &

Foamite Corp
Warrants

*

Preferred

3?*

Inst

100

7% preferred.

common

Amer

—100

*
*
$3.50 Preferred..*
Allen Industries._.l

&

10
*

7% 1st pref
6% preferred

X

Dye

conv

_

4H%

Class

9X
160

5X

Allied Stores Corp.*

Am Smelt & Refg-

11?*

American

Altorfer Bros—

3%

47

6% non-cumpflOO
33
61

Amer Steamship. 100
Am Steel F'dries
*

P

6% preferred.. 100
Alum Goods Mfg..*

4

6% preferred.-100
1

Leather

Am Sumatra Tob__*
Amer Thermos A__*

1M

6% conv pref--50
Amalg Sugar
1
5% preferred
10
Amarel Corp
100
Amerada Corp
*
Amer Agric Chem—
(Delaware)
*
Amer Air Lines...10

15

§*

6%
280

585*

Am Bank Note.

100

5?*%

conv

pf-100

108

American Can

25

7% preferred-. 100
Amer

Anchor

75?*
156 X

*
*
7% preferred—100
Properties

.

Amer Carmel
Preferred

100

Amer Centrifugal.. 1
Am Chain & Cable.*
Chicle

100

Preferred

100

Amer Coal (N J)
25
Amer Colortype__10

5% preferred-. 100
Amer

4%
35

30

11?*

12 X
99

IX
44

Argo Oil
7%

$6

Amer

Arnold

Encaustic

Tiling Co
1
American Euka.._*
Amer

Print

Arrow

Am Fabrics, pref 100
Amer Felt common *
Preferred
100

Preferred

.50

Am Furniture

.1

Am Hair & Felt

1st preferred.. 100
2d preferred--100
Amer Hard Rubb.50

8% preferred.. 100
Amer Hardware. .25

Am-Hawalian SS.10
Am Hide & Leath
*
V

6% preferred—50
Home Prod__l
25

Amer

Amer Hosiery
Amer Ice Co

9M
102




k Last Bale*

Brewers <fc Distillers5
Brewster Aeronaut'! 1

Bridgeport Brass. _*
Bridgeport Mach..*
Preferred
—100
Briggs Mfg
*
Briggs & Stratton.. *
*ight Star Elec—
Class
Brill

B

Corp class A._*

Class B

*

7 % preferred- -100

X
X
2%

U5

30

4

12?*

13

25

30

9*
1%
19?*
10?*

%
9}
21
21
12

25

17

21

3%
6%
3

5%
5%
81

II
MarfU

?oH

21*

2*
13*

20

Mfg

*

6?*

*

28?*

3

Mar7l&
63

6%

Bristol Brass

25

28

30

Bristol-Myers

5

28

Brlt-Ajner Oil Ltd

28?*

*
*

16?*

18

23

8*

8

Coupon
Registered

Brit-Amer Tob reg£l

4% Dec 29
65
16

Ordinary bearer £1

23?*

British Celanese Ltd
Amer dep rcts.lOs

%

Truck common.

Preferred

_

*

100

Brown Co 6% pf-100
Brown Durrell
*
Brown

20c

il*
3

Forman

Distillery
20

24

Brockway Motor—

94

9

*

Brown Fence & Wire

13
2

common

1

Class A pref

*

0
18

Brown Rubber.—1
Brown Shoe
*

38

95?*
45

Bruce (E L) Co
5
Bruck Silk Mills.—*

Brunswick-BalkeCollender

*

3

50

7 % preferredBuda wheel

9X

8

5X

Buda Co com—100
Budd (E G) Mfg..*

~2%

25*
7

Class A common-*

-

J*
6

*

8%
9

&

Stk Yds

50
50

common

*

15%
52%

*

pref

10
Mar

*

Beth Fdy &
Preferred

17?*

Burdines Inc

1

Preferred

Burns Bros com—*

Burroughs Adding
Machine

1

3X

Bush Term Co

com

*

7% debenture. 100

Mach.*

4

Bush Term Bldgs
7% pref ctfs--100

50

30

Butler Bros

41X
13%
75
1%

Butterick Publis
Preferred

*

60

9%
31%

*

Billings & Spen—25
Bing & Bing
5
Binfcs Mfg
1

5%

conv

-.10

pref..30

4

Preferred

4%

7%

s

50

Class B

3

Fdy & Mach com *

^Canadian price,

4

6?*

w
u%

Ex-dividend.

f.New stock.

2

5%

6?*
19

*

Byers (A M) com.
7% part pref. .100
Byers Machine—*
Byllesby class A
*

Birdsboro Steel

Nominal.

~2~~

Burry Biscuit-12 ?*c

*

28

Preferred

14""

*

Corp Ltd—
Am dep receipts-

5% preferred—.20
7 ^preferred- -100
B/G Foods Inc
*
7% preferred--100
Bickfords Inc
*

85*

\

3?*

*

Beth Steel (Del)

27

*

21

Best & Co

77

Burma

Limestone

6 Cement com

-100

54

33
13

7 % preferred- -100
Bullard Co
*
Bulova Watch
*
Bunte Bros com—10
Burco Inc com
*
Burd Piston Ring—1

6

7
85

,

3%
33

60

5

51

Preferred-.——.*

n

14%
18%

*

4

Bessemer

*

-

25

7

7% preferred.-100

*

17
110

6

niture common. _1
Purchase warrants
Borland Shoe St—*

Associated

t Formerly Cord Corp.

*

com

Class A

4%

Berghoff Brewing-.1
Berkey & Gay Fur¬

Atl Coast Fisheries.*

par value.

Casket

Brach (E J) & Sons *
Bradley Knitting—
1st preferred. .100
Brager Eisenberg—1
Breeze Corp
1

$5 preferred
*
Buckeye Pipe L--50
Buckeye Steel Oast *
Bucyrus-Erie Co.-5
7% cum pref.-100
Bucyrus-Monlghan

Conv

£1

10

135*

10?*
15%
17%
10%

9

Beneficial Loan Soc *
Benson & Hedges..*

Am dep rets ord

}?*

Brinks, Inc

98

Loan

Assoc El Indus Ltd

*

1st preferred--100
2d preferred
*
Boyertown Burial

Brillo

20
5
20

Preferred

7% preferred-.100
Dry G'ds
1
6% 1st pref-..100
7% 2d pref—.100

45
„

Biltmore

Bondholders A.65
Bowm Bilt Hotels—
Common
___*

Bendix Aviation—5
Beneficial Industrial

1

6% non-cumpflOO

Bowman

5X

24%
8%
10%

*

cum

Bender Body com. .5

Rayon.*
Athey Truss WLeel 4

♦.Without

5
22

pref. 20

Corp
_*
Mfg com.l

c common

IX

1

Common

Assoc

V t

IX

Cream.-25

Preferred

Preferred
1
Ashland Oil & Ref.l
Asmc Brew (Can).*

Assoc Laundries

II*

1

common..25

Belt RR

*

registered

10

Bellanca Aircraft.. 1
Belmont Radio..
*

Hegeman Elec. 10
*
7% preferred-.100
Art Metal Constr.10
Art Metal Works..5
Arundel

3X
12

115

Works

Aircraft

Asbestos

4

30

Bel den Mfg com.. 10
Bell Aircraft
1

Artloom Corp.—

4

2

20

Bayuk Cigars
*
7% 1st pref—100

Belding Hem'way.

Arrow Hart-

Amer Forging and
Socket com
*
Amer Fork & Hoe- -*
Preferred
100
Aha Fruit Growers.*

2%
4%

10

pref.
Bower Roll B'r'g—5

IX
5%

5X
20%
7%
2X
4%

5

Preferred

$2.75

3s

20

conv

100

Bourjois, Inc

100

1

Beech Aircraft
1
Beech-Nut Pack.-20

5% preferred—30
Aro Equipt Corp
1

Equities Co. .1

98

20
21

_

Common

Amer Express—100

7
40

Beaunit Mills Inc.lO

pref. *
7% preferred-.100
Armstrong Cork
*
Armstrong Rubb A*
Arnold. Constable.5
conv pr

IX
7X

6

Optical com
10
5% preferred.. 100
Bay State Fishing.*

$1?*

9,

83

Botany Worsted

24

$5 preferred w w_*
Bearings Co (Am).*
1st preferred. .100
2d preferred-.100

pref-. 100

6% preferred
10
Amer Distilling pf 10
Amer Dist Teleg
*
7% preferred.. 100

Preferred

2%

*
100

Preferred

*

15

80
40

15

6 Rubber com..*

3

IX

3%
16%
6X

1

15?*

Mills A

Warrants

Armour & Co (HI)—
Common
5

20

4%
17 X

IX
2%

7%
10 X

Mfg

10

guar

J*

Barlow & Seelig cl A5
Barnsdall Oil...
5
Barnsdall Refining-1

Beatrice

Armour & Co of Del

Am Crystal Sugar 10
0% 1st pref...100
Am Cyanamid A. 10

50

12

12

Boston Herald
4
Traveler Corp—
Boston Woven Hose

18%
5%

Beaton & Cadwell

Arcturus Rad Tube *

com—20

Class B

29

*

7% preferred--100

Commercial

Alcohol

*

common

Applied Arts

Amer Cigarette &

5%% pref

215*

Borg-Warner Corp
Borne 8crymser—25

Bausch & Lomb

7% preferred—100
1
Appollo Steel
10
Apponaug Co
*
AP W Paper
*
Archer-Dan-Mldl'd *

*

Cigar Co

26?*

Appleton Co—

5% preferred--100
Amer

*

* r
Baumann (Lud)
*fc
7 % preferred- .100

Angostura-W upperma nn
Corp
,.1
Anheuser Busch._20
Antilla Sugar...100
Apex Elec Mfg....*

-.100

16%

1

Bros

li*
el*

10

Common B
Bond Stores com.

%

*

com

Barker

sS*
21?*

Borden Co

Bathurst Power
6 Paper A

Trading
_

6%

Stainless

Bates Mfg
Bath Iron Wks

$6?* conv pref
*
Anchor P & Fence.*
Andian Nat Corp
*

Am Car & Fdy

Barium

Bastian-Blessing

Hocking

Glass

Canadian

Service cl A

Barber Co Inc
10
Barber (W H) Co..l
Bardstown Distill.. 1

Basic Dolomite

*

Anaconda Wire
& Cable com

23

5

6%

Bartgis Bros com._l
6% conv pref. .25

100

American shares.

*

.

Baldwin Rubber
1
Bancroft (J) & Sons*
Preferred
100
Bankers Industrial—

4

"_%

Wringer
•
Writing Pap.*

Amer

Amsterdam

A.Brake Sh & Fdy—

New warrants

Steel

13P

7% preferred. .100

5

3*

70"

7% pref.
100
7% pref new...30

12?*
10?*

Bohn Alum & Br.-5
Bon Ami com A
*

IX

*

Baker Chemical
*
Balaban & Katz._25
Preferred
100
Baldw Loco Wks
*
V t c for com...13

6%

l6~~

1st preferred.. 100

5

65%

Backstay Welt

__

Amer

American Book.. 100
Amer Box Board-.1
Common--

59

Transformer. 10

Preferred
Am Woolen Co

Am Beverage Oorp.l

7% preferred

3X
58

Amer Wind Glass—
Class A
100
Common
*

6% preferred
50
Am Bemberg com.*

14*
43*

common

_

14

18
56

7% preferred--100

10

Preferred

13%

Am Vitrified Prod-*
Preferred
*

*

Class B

12

24%
107

Am Type Found. -10

American Arch
*
Am Bakeries pref 100
Class A
*

5

3X

13%
6%

7%

Preferred
50
Amer Thread pref. 5
Am Tobacco com_25
Common B
25
0 %preferred
100
Am

110

10

16 X

7% preferred-.100

100

Indus..*
Aluminum Ltd
*

167'

American Stores
*
American Stove
*
Amer Sugar Ref.100

88

Aluminum

14

Trans¬

Badger Paper Mills *
24

295*
105

Snuff. .25

Conv preferred—*

5

16

pf new 25
Bliss & Laughlin
5
Bloomingdale Bros.*
Blumentnal (S) com*
7 % preferred- 100
Boeing Airplane—.5
Bohack (H C) com_*

Preferred
100
Babcock & Wilcox.*

-

Aluminum Co com.*

Amal

portation Corp
Axton-Fish Tob A 10

&

F
m

Bohack Realty pflOO

Warrants
Aviation Corp(Del)3

Class B

*
7% preferred. .100

Alloy Cast Steel
*
Alpha Portl Cem..*

1

conv

4

Avery (B F) & Sons 5
6% pref w W--.25

{Aviation

W) Co-

5%

25

com

60

conv pf 100

American Sealcone—
Amer Seal-Kap
2
Amer Seating
*
Amer Ship Build..*

5% preferred-.100
AUis-Chalmers Mfg
Common
*
All Metal Products 2

A

New

36

38

5

14

Am Safety Razor
Common
18.50
American Screw. 100

..10

ment common

Bliss (E

7%

10?*

16?*

38

conv pf new 25

12%
3%

10

Automobile Banking
$1.50 conv pref 25

_

"I

8%

*
*

6%

2

prior A__*

com

*

com

$3 Preferred
Blaw-Knox Co

share
,

10 %

33

6% preferred.-100
Automatic Instru¬

*

_

Am Potash & Chem *
Amer Radiator &
Stand Sanitary...*

.

Autocar

Blauner's

106 X

V

cum

Black&Decker Mfg *

15
110

15

105 %

$5

*

14

Automatic Prod
5
Automatic Refrig.10
Automat Vot Mach *
Automatic Washer—
Common..
3

7% cum pref100
Am Republics com 10
Amer Rolling Mill 25

com..25

7*

*

conv pref--100

,

Preferred

17?*
103%

Atlas Tack
*
Auburn Automob
*
Austin Nich & Co..*

25

108

5%

5
8

»

50
.50

Amer Pneu Serv.

Allied Mills Inc
*
Allied Paper Mills. 1
Allied Prod (Mich)

Common

1!*

*
100
American Piano—
Class A
.*
Class B
5

Corp common
*
Allied Kid Co com.5
Allied Laboratories *

cl A

101

Optical
Preferred

Alliance Realty
5
Preferred
100
Allied
Brewing
&
Distilling Co
1
Cbem

♦

Amer

Allen town Portland

Allied

10%

Maracaibo—l

4X

Conv preferred_20
Atlas Powder
*

if*
24*

6% conv pref.. 100
American Meter
*
American News Co *

Allegheny Steel

Allendale Corp

Atlas Pipeline
Atlas Plywood

W

*

Amer Metal Co

Birtman Elec Co. .5
*

5% non-cumpflOO
Atlantic Refining.25
4% conv pref. 100
Atlas Brewing
1

16

100

.

Am Maize Prod

Cement pref
Alles & Fisher

2?*

Amer Mach & Fdy_*
Am Mach & Met
*

8% preferred.. 100
Algoma Steel com.*
Preferred

*

10

Am Laund Mach_20
Amer Locomotive.*

Alexander Dept Stsl
Alexander Hamilton

Per

Atl Gulf & Wind
SS Lines

*
50

Preferred

*
—

2%
6%
23

4?*

INDUSTRIAL

86

Stocks

Ask

Bid

Par

Stocks

Per share
15
13

Byron Jackson..

'A

Cable El Pr v t c—*
Calamba Sugar
Estates com...20
Calif Pack Corp...*

H

17
16%

18

5% preferred.*.50

40

47

Cambria Iron....50

53

54

Campbell Wyant &
Cannon Fdry,—*
Canada Bread.*.
*
Preferred
.*100
Class B pref--.-50
Canada Cement. 100
Preferred
100
Can Dry Oing Ale .5
Canada Forgings—
Class A*....—*
-

16H

954

2H

-

10%
7
88
43
7H

r

—

7
90

r.
r

8

r

B——♦

r

Can Iron Fdy's. 100
Preferred.
.100

r

Can Wire & Cab A
Class B...
.*
Canadian Bronze..*
Preferred100
Canadian Oar & Fy *
Preferred
25
Oanad Celanese—*
Preferred
100
Canadian Colonial

r

.....

.....

r

r

w

60

r

r

r

r

—

'

28 H
105

7H
18
10 H
....

Invest Corp.-...

anal
Construction
8an Locomotive...*

7
58
18
29

Carborundum Co..*
Carw (Philip)
*
6% preferred.. 100
5% preferred—100
Carib, Syndicate* .25
Carman & Co A...*
Class B— _._...*
Carnation Co.....*
5% preferred—100
Carpenter Steel—.5
Carner Corp.—.—*
Carriers & General. 1
Carter (J W) Co
1
Casco Products—.*
Case (J I) Co—..100
7 % preferred- .100
Case Lockwood &
Brainard

Co.. 100

Castle (A M) Co—10

16 %
8H

SH

4

4

Creamery Package. *

34

Cream of Wheat
Stocks trust ctfs.*

48

29)4

19

15

Orocker-Wheeler

154

1)4

58

11
115

840

6% preferredlOO
Collins & Aikman
*
5 % preferred -.100

/

■

SH

5

J

Ool Fuel & Iron...*

8

70

Warrants
Colt's Patent Fire
Arms Mfg
.25

75
63

58

Columbia Baking..*
Preferred—
*
Columbia
B'castin
Syslnc class A 2)

1

li

13
2
16

16
3
18

Class B

101X

ii
2H
4%

7
64

100

7
83 H
13 H

2)

Columbia O & G
Columbia Pictures-—
Vot tr ctfs com..*

14

1854
254

$2.75

5
10
68

pref.

conv

-

*

'

$2 preferred.
*
Commercial Credit

225
14
1 %

29 54

30

5% preferred .100
*
7% prior pref. 100
1st partic pref.100

99)4
9)4
50
63 54

Comm'l Solvents..*
Oom'wealth Dist—1

Celotex Co com...*

14

15

5% cum pref—100
Celluloid Corp..*15

46

48
4

63

Compressed Indus
Gases com—.—.5

1st preferred—*

$7 preferred
Central Aguirre

*

14

1654

20

.....

Cent Foundry com.l
6% preferred- 100
Cent Ohio St Prod.l
Central Paper.*...1
Preferred
10
.

20H
H

10 H
2

25
5H

11H

Centrifugal Pipe—*
Century Rib Mills.*
7% preferred.; 100

3%

uy'

104

1254

Preferred .—.100
Charts Corp
10

Checker Cab Mfg.5
Cherry-Bur Corp..5
Ohesebr'gh Mfg..25
Chic Daily News—*
Preferred.
—*
Chic Elec Mfg A—*
Chicago Flex Shaft 5
Chic June Rys & Un

pf—100

Chic Mail Order

5

5)4
18

1854
99

30
108

32

"OH

i"

98

IV*
92
16)4
49%

$5 conv pref....*

154
354
9)4

SH

7%
17
105

13)4
94
34

8)4
%

9
1
7H

21

25

35)4
9H

.100
—10
Chrysler Corp.. L—5
Cin Un Stk Yds...*

City Auto Stamp..*
City Ice & Fuel—._»

654

m
5

6

60

97%
8

11%
3

20..
SH
37 H
10
4

6)4% cum pf—100

*8*
60

of Buda pest Am sh

A

City Savings Bank

City & Sub Homes 10
City Stores.......5

V t c A partic..50
V t C B partic...*
V t c partic pref 50

64
98 H
9
12
4
23 %

8% preferred.-100
Continental Can..20
$4 50 preferred—*
Cont Diam'd Fibre.5
Continental Mot—1
Oont'l Oil (Del)
6
Cont *1 Oil (Mex).
Cont'l Roll & Steel

Preferred
Cont Screw

1

100

com.. 10
Preferred...—.10
Cont Steel Corp.--*
Preferred.
.100
4% Converse Rubber.
Preferred.
33
Special preferredCook P't & Vara—*
$4 preferred.
*
62
Cooper Bessemer.. 1
$3 prior pref
.*
2
Oopperweld Steel. 10
SH tOord Corp
—5 t
2% Corneil-Dubilier
Elec Corp com.,

llH
it*




75

Class

Cuba Co
*
Cuban Am Mangan 2
Cuban-Am Bug
10

H

54

2
4

2%
2%

3%

..10
Tobacco...*

5% Preferred.100
Cudahy Pack
50
Preferred
.100

14 H
1354
254

9)4
3054
54

143)4
9H
454
9H

3254
3
86
114

100
(S R) Mfg
.....

part conv n-c A_*

1

7% preferred-.100
Cuban Atl Sugar—

100

Drug........*

Preferred

10

Cuban

9

Dow

resser

54

354

com..

5% preferred.. 100

B.\_

1354

*

68

Dri Steam Valve..5
Driver Harris Co 100
Preferred
.100

11
107

3

Dryden Paper.....*

4

63

Dubilier Condenser *
Dun (R G)—

1

9

60

16)4

16

Stores..*

Dow Chem

154
18

15

6H

Bradstreet Corp.*
$6 preferred.....*
Dundee Textile..—*
Dunhill lnternat'1.1

7H

2)4

3)4

29

\

12

13)4

50
55
DuplanSilk
*
8% cum pref..100
1
H
DuPont (EI) de N
8% preferred
10
& Co common..20
Cunningham Drug
Stores com
12
6% n-v deb—_ 100
.2 H
1154
25
Ouneo Press......•
$4.50 cum pref—*
27
Mar 17 Duquesne Brewing. 5
6)4% preferred 100* 105
2
Curtis Lighting—. *
254 Durham Hosiery—
Class B com....*
Curtis Publish....*
4H
4%
39
$7 preferred—... *
40
6% preferred—100
Ourtlss Wright Oorpl
SH
354 Duro-Test Corp...!
Class A
13 H
.1
1354 Duval Texas Sulph *
Dwight Mfg.....15
Oushman's Sons—
50
55
7% cum pref—100
18
$8 cum pref
*
3154
lason Oil...
13
Cutler Hammer.
*
15
1
$1.50 conv pref.20
Dailey Corp
...1
1)4
6H
Darby Petroleum. .5
6)4 Jast Boston Co..10
East Dairies Ltd
Daro Corn 8%
15
*
18
pf 100
era Footwear. 1
15
DardeletThr'dlock *
25
Mall'ble Iron25
Darling Stores Corp
Eastern Mfg com..*
21
$2 partic pref
23
*
Preferred
*
Davega Sts Corp..5
5)4
AX
1 stern Roll Mill..5
5% conv pref..25
14H
astern
9%
14
Davenport fios'y.**
Steamship.*
Davison Chemical. 1
6H
$2 conv pref—*
7
astern Sugar Assoc
Warrants...
H
54
Common
l
Dayton Rubber Mfg
5H
Preferred .......1
5H
Common.......*
Class A—35
18%
19)1 Eastman Kodak...*
166 %
Decker (A) & Cohn 10
6% preferred.. 100
154
2)4
30
asy
Preferred.
63
100
Washing
254
Mach com——* r
Deep Rock Oil
Class B.:.—...
254
& Ref 7% pf—100
20
11
_aton Mfg Co
Deere & Co com
1754
*
18
Cummins Diatil

_

14

1^1

6

^

9A

65

40

1054

11H

13

1454

354
15
6

lp

43*
6*0*

llH

j_4)4

?!

8

73
58

354

M

....

5llI

k

7% preferred.. .20
Dei8el-W emmer
Gilbert Corp—10

17

14
7
93

7%
103

2)4
1H
2H
H

3

78„

154
254
54

Delay Stores
..1
Del Rayon A com. 15
Preferred
—100
Delta Electric-.2.50
De Mets Inc pref—*
Oennison Mfg—
Class A_......In

7% preferred.. 100
8% preferred—100
Dentists' (The)
Supply com
10
Derby O & Ref com »
_

254

2H

%
9H

15

k
854
.1)4

54
12

2)4
1H

1
20

54
5

54

Common.......l
Warrants..

1H

......

Eisler Elec Corp
1
Eisemann Magneto *

Preferred
..100
Eitingon Schild
*
Electrical Steam
Sterilizer
1
52 H
2% Electric Auto-Lite. 5
Mar 29 Electric Boat
3
Elec Ferries com...*
23
6% preferred.. 100
54
8% preferred.. 100
Electric Household
3
Util Corp—.....5
7 H Elec & Musical
Indus Am shs—
10 H
Electric Products..*
1% Elec Shovel Coal—.*
Partic pref
*
2H
7 H Elec Stor Battery
*
Elec Vacuum Clean*
2
Electrol Incvtc..l
15

103

50 H
2

45%
19

H

57

1)4
22 H

l0oX

38

"54

6*

35

100

6

108 H
654

Common.....
2
5% preferred.. .50
Educational Pictures

13
12

Edison Bros Stores-

20

Common.. .....1
6% preferred—.20
Detroit Gray Iron &
Foundry com.. .1
Detroit Mich Stove 1
Detroit Harvester.!
Detroit Paper Prod 1
Detroit Steel Prod. *
Detroit Sulphite.-10
Detrola Radio &
Television
...1
Devoe & Raynolds—

37 H

4&

5

9

3654
fii

87

2

62

21'A

9)4

354
7H

Economy Groc Sts.*
Eddy Paper.......*

4
8H
91
6

9

Axle Corp com
1
Det Gasket & Mfg—

1H
6554

104

Preferred...*
$4 preferred
_*
Detroit Aircraft
Detroit Compensat'g

19)4

1954

10

8H

1

154
6H
154
13 H

2

•

M
13 H
6H
55c
30
32

2)4

2H
5

4*
SH
1H

6

Electrographlc Corp
10

254

Common
...1
Electrolux Corp
1

Elgin N Watch...15

5

16

50
55
16

60
18

Class A (non-vot) *

26

27

Elk Horn Coal new.*

54

J'
97

10

Common B_..*
2d preferred—.100

25

29

113
17

115

Ely Walker D G..25
1st preferred—100
2d preferred.. 100

112"

10

12
5

1

98
2H

.

Devonian

Oil

10

2%

Dewey&Almy Chem

.

J Name changed to Aviation and Transportation Corp*
par value.

27

,

AX

65

A*

60

5% prefvtc—100
Consumers Co of 111

23
32

754

80

Consolidated Steel *
Consol Textile....*
Consolidation Coal—
Common v t c—25
Warrants

bleday Doran.*
Douglas Aircraft—*
Douglas (W L) Shoe
Conv prior pref—

21

50

7% preferred...*
Cons Mach Tool uts.
Consolidated Oil
*
$5 cum div pref.*
Consol Retail Sts— 1

Class A........
Class B
*

33

Preferred.
Chilton Co

part pf..*

50

$2.50 prior pref..*

Chllds Co com..—*

cum

Container Corp
20
Continental Baking

Chic Pneu Tool—
$3 conv pref....*
Chic Ry Equip...25
Chic Rivet & Mach 4
Chic Towel com—*
Conv preferred—*
Chic Yellow Cab
*
Chickasha Cot O.10

$2

Cons Laundries ...5

Dominion

8)4

Oiystal Oil Ref—*
Preferred.
.10

10

100

7H

60 H

2H
12

23H

Preferred

22

21
'

Dominion Steel &
Coal B
-25

7H

48

13)4
2)4

26

3)4

20

Common

13 H

17

25

3

24

,

1754

15

354

25

10
28
9

100

Dominican Coal pf 25
Dominion Glass. 100

21

22)4

p

Domestic Finance—
Cum preference.*
Dominion Bdge.100

'MM.

52%

...*

7
27
7H
13 %

.*

6)4% pref

■

Crucible Steel... 100

11

Cons Film Indus.. 1

103

101

Chicago Nipple.*.

6)4% prior pf.100
7% preferred-100

(Md)_5

5)4

28

8% preferred. .100
Consol Royal Oil. 10

5

18 H

Chamberlin Metal—
Weather Strip..
Champion Paper &
Fibre......—.
6% pref.—100
Chapman Valve—.2

pref——*

Cons Cigar Corp..*

5H
3H
354

6% prior pref.100
Chain Belt com..—*

conv

Consol Biscuit
1
Consol Car Heat. 100

6H

97
4%

$3

e

5

Certain-teed Prods

Congoleum-Nairn. *
Congress Cigar
*

si*

4

......

^

1

t c ext

Consol Aircraft——1

Cen Violetta Sug.19

Stk Yds

v

Conde Nast Pub—*

Associates—.

Central Airport—.*
Central Cold Storage
Common
.20

Petroleum

Crown Zellerbach—5

Compo Shoe—
Mach

4)4
A

8H

Aix
36

Doehler Die Cast..*
Dold (Jacob) Pkg—

'22 H
18
4H
%
6
26 H

18

14

115

Compania HispanoAmericana de Elec
American shares

Dodge Mfg.

*

Crown Drug com..*
Preferred50

See Invest Trusts

10054
9H

20

Prior Preferred.50
Crown Central

8P

CommT Invest Trust

2

19 H

3

$2.25 pref w w—*
Preferred x-w
*

See Invest Trusts

16%

Caterpillar Tract..*

85%

4

11

Dobeckum Co com.l
Dr Pepper Co.—*

24

Crowley Milner

8

12

8)4

Common *......*
Class A
——*
Dixon (J) Cruc—100

1

21H
1754

70

3

Liquors..5

23

7% preferred—100

Colum Carbon v t c *
Columbus AutoParts com......*

10454

*

11)4
6354

Divco-Twin Truck. 1
Dixie-Vortex Co-

32

78

109

89 H

9

88

Distillers

23 H
83

100

21

20

105"'

Ordinary shares..
6% conv pref.

-

Crown Cork Int A.*
Crown C'k & Seal.*

Wire common
*
Colonial Beacon Oil *
Colon Development

3

%

H

2254

Seagrams Ltd...*
5% pref w w—100

Jan. 12

12

1
Crosley Radio.-.--*
Orowell Publish'g. . *
Preferred

60
109
58 H

-100
Collyer Insulated

Collins Co

-

Croft Brewing

68
106

common..*

5

Creole Petrol

10 H
112 H

Peet common.-.

17
105

7

S%

$1.50 conv cl A-20
Cramp (W) A SnslOO
Crane Co com.—25
5% conv pf—.100

Colgate-Palmolive-

83

H
SH

I*
2354

Distillers Corp-

1)4
6

Ooty Inc...------*
Oourtaulds Ltd—
Am dep rets ord£l

JH
115

(NY)

Distillers Co Ltd. £1

65

1

5

2

Stove

%

50

5% conv pref*.50

34

Coca-Cola Intern..*

99

Discount Corp

2

154

100

Preferred*

35
119

30
114

Dictaphone Corp..*
Dictograph Prod-.2
Di Noc Mfg
1

Covered Wagon Co

SH
1054

Class A—.....*

25
100 H

254
2%

.

Ask

Bid

Stocks

Per share

Per share
100
105
99
102
53 H
56
163
165)4

warrants........

8

of New York....*
Coca-Cola Co
*

754

Catalin Corp..——1

Celanese Corp

Mar^lb

Pea body
*
7 % preferred. .100
CocarCola Bottling

Conv

preferred-.*
Capital City Prod.*

2H

15 H

.

.

33

Cluett

22
11

H

*

Preferred.-.100
Can Indus Alcohol.*
Class B
*

85

1

Coleman Lamp &

Airways...——1
Canadian Dredge
6 Dock..
*
Can Fairbank pf.100
Canadian Foreign—

it*

11
80

Corning Glass Wk 10
Preferred.
.100
Corn Prod Refg—25
7 % preferred- -100
Oorroon & Rey'ds.*
$6 conv A pref..*
Cosden Petroleum. 1

|

Ask

Bid

Clinchfield Coal.100
Preferred
100
Clorex Chemical
*
Clover Val'v Lumber
Preferred A
100
Club Aluminum
Utensil com..—.*

——

r

4

month preceding the date of issue

Stocks

Ask

Per share
15
15 H

*

denum Co

2

Class

Bid

Oleve Worsted Mills

Cliffs Corp v t C-—*
Climax Molyb¬

14

58

r

Clayton & Lambert *
Cleveland Graphite
Bronze com
1
Cleveland Hobbtng
Mach com..*...4
Oleve Tractor
Clev Un Stk Yds-. *

Common.......*

1254

60

r

Clark Equip Co
*
Preferred
.100
Claude Neon Lt—.1

33

r

Canada Packers...*
Canada SS Lines..*
Preferred
100

Clark Controller... 1
Clark (DL) Co
*

92

12%

Par

STOCKS

MISCELLANEOUS

&

Quotation* for all securities are as near as possible for the closing day of the

Common.
*
Dexter Co com....5
Diamond Match—.*
6% part pref...25
......

754
53

it*
15

65
5

17""

....

SH

Diamond Shoe... *
6)4% pf (w w) 100
Diamond T Motor 2

_

merson

4

2054
35

1454
92
5

21H
35%
15
98

Class

Drug..2%
B

2)4

1154

94
18
18

4

2H

Tinplate—.....*
Employers' Group
Associates
*

1554

-merson

Elec

Empire Sheet &

454

6)4

4H

ft Last sale,

n

Nominal,

r

Canadian price

t New stock,

x

Ex-dividend.

* Without

april, 1938]

Stocks

Par

Bid

Ask

are as near as

Stocks

possible for the closing day

8*

Esquire-Coronet

"35*

4

+

JL

195*

6% preferred.. 100
Fairchild Aviation .1
Fairchild Eng & Aerl
Fajardo Sugar
20

2

26*

Falstaff

Brewery.. 1
6% conv pref——1
Famous Players
Can Corp com_.i
Fanny Farmer Candy

~2%

Gen Foods

1%

Gen

27 X

Gen

75c

16 5*
4

150

Fedders Mfg
5
Federal Bake Shops*
Preferred
30
Federal Compress
& Warehouse. .25
Federal Watch units

Federal Motor Tr..»

45*

20

45* % preferred 100
Feltman & Curme
Preferred
*
Ferro Enamel
,__1
F G Trading Corp.l
Preferred
1
Fiat Am dep rets—
Fiberloid Corp
*
Fidelio Brewery
1
6th Ave Coach—25

30

ip

A-100

First Nat Stores—*
Fishman (M H)
»

$5 preferred
100
$7 preferred-. 100
Fisk Rubber Corp.l
$6 preferred—100
FitzSimons AConnell
D & D com—-.*

Flintkote Co com..*
Fla Portld Cem u t s.
Florence Stove
.*
Florsheim Shoe com*

*

Fohs Oil

15

Preferred

100
Follansbee Steel—
3STow w i
Food Machinery.. 10

45*s

conv

pref. 100

Bros

Mach

100
*

com

Am dep rets ord._
Class A

*

Class B
Am

dep rets

Fort Pitt Brewing. 1
Foster Wheeler--10

$7 conv pref
Foundation Co

*
1

Foreign shs A—*

13

13*

%

70
25
7
75
97

1?H

PreferredGibson Art

45*

Gilbert

55*
UX

$5

Gimbel

45*

7

$3 convertible—*
4% conv pref-100
Fuller Mfg com
1
Gabriel

Co cl A--

Gair (Robert) com.l
$3 Preferred
10
Gallager&BurtonA 1
Galveston
Gamewell

Houston*
Co.

$6

conv

$3

conv

145*

Hendey Mach

-

-

92

Herr-Hall-Marv

25*
35*
145*

25*
45*
155*

Hers hey

28

30

*

55

IX

Rubber

3

Canada

6

Gorham Inc

50
com

35*

Gossard (H W)
Gotham

3

Hosiery

225*

7

Grand

17
32

Preferred

p

40

19

Station

10

com

X
55*

Non vot com
Preferred

375*

Great West Sugar

*

25

*
7% preferred.. 100

52

Garylod Container. 5

iiH
20

5 5* % preferred. 10
Groc Store Prod_25c

Accept'ce Corp
5

Transportation- .5

Common

15*
5

3

305*

Group No. 1 Oil
Group No. 2 Oil

Without par value,




*
1

Gruen

Watch
Preferred

k Last sale,

n

Nominal,

125*
225*
25

235*
1235*
45*

,

125*
255*
26

125*

85*

75*

45c

85*

1

75*
15*
1400

122

5*
115*
435*
130

142

485*
25*
4

385*
1275*

pref-_100
International
Paper
6

cum

Power

com.

.15

ii*

New 5% pref—100

75*

97

55*

7

Warrants

7% preferred—100

Int

Petrol

22

*

internat Prod

*

X
25*

Internat Pulp

*

2

68

k

28
12

48

35*
25*

Int Vitamin Corp..*

25*

Bakeries*

16*

65*% preferred. _*
Interstate Dept St's*

35

40

65*
645*

Interstate Home—

14

16

Interstate Hosiery.*
Intertype Corp
*
8% 1st pref
100

Chem

preferred-.5

Equipment
225*
165*

35*

pref_-100

83

P
87

37

43

6

75*

Iron Fireman vtc..*

Hires (C E) Co A—*
Class B
—*

Irving Air Chute.
1
Irving (John) Shoe. 1

$5

conv

10

Prior pref
65
7% preferred—21

$5

pref
Holophane Co

*
*

conv

Preferred

16

it*
6

A*

"55*
22

75*

&
18*

95*
14 5*

Chemical

com

_

100
100

Johns-Manville

110

7% preferred. .100

6

7

70
70

75

Johnson Oil Ref
*
Johnson Tin Foil
6 Metal
100

185*
103

Hard't(MY).*
5% preferred.-100
Houdaille-Hershey
*

Class B

*

74

'

5% preferred-.100
Oil

Material

1

com

*

com

1st preferred

100
(Harvey).5
_

_

iiM

Hudson Mot Car..*
Humble Oil & Ref_. *
Hummel-Ross

*

if*
.

35*
115*
15*
155*
25*
45*
95*
445*
585*
122

35*

'45*
235*

100

175*

Jonas & Naumb'g25*
Jones & Laughlln

35*
70

15*

Steel common. 100

45*
225*

6
Mar 29

18

19

7% preferred..100
Joslyn Mfg & Supp.5
Julian & Kokenge--*

49

Kalamazoo Stove &
Furnace com
10
Kane Carburetor

6

65*

44

475*

KG Stk Yds Me. 100
Preferred
.100
Katz Drug com
1

855*

87

Kaufman

Dept

225*

¥
80

3

St's

5
18

8

23

65*

5

56

70

105*

-

7%

85*
55*
575*

Ex-dividend.

3

pre* 100
(Geo C) Co—

60

7 % preferred- -100
Keller Dorian Color

15

conv

Film

—20

Kelly SpringTld Tire

25*

125*

Kefth-Albee-Orph—
Keith

40

65*

Common —.12.50
Kaynee
10
Preferred
100

Kayser (Jul) & Oo_5

A*

20

Fibre
5

Common
t New stock.

13"
205*

Field

Houston Oil (Tex)
Vot tr ctfs
25
Howe Scale

12

Finance

Common

11H

Johnson Educat Blsc
Class A
*

Hormel & Co com--*
Horn (A C) com
*
Prior preferred-.5

*

100

965*

100

Jefferson Electric..*

145*

Hooker Electro
Preferred

Preferred w w__25
Jacobs (F L) Co
1
Jarvis (W R
Co.. .1
Jeannette Glass
*

Jefferson Lake Oil 5*
«
Preferred
10
Jenkins Bros
25
Jewel Tea
—*

10

117

_.

31

185*
100

*

Holly Sug Co
7% preferred--100
Holt (H) & Co A..*

Hubbell

Canadian price,

5*
105*

52

7%

30c

6

17
16

*

7% preferred-.100

1

127

*

International Match
Realization
£1
Int Mercan Mar
*
Internat'l Metal
Industries cl A
*
Int Nickel (Can)
*

1475*

20c

2

60c

65*

140"

Gas

$1.50 conv pref-20

1200

20
88

Spencer

Hinde & Dauch

Houston

135*

8

25*

com

Oil &

Common

Household

A*
50

y
15
:

Sewing Mach..10
Int Cigar Mach
Int Harvester

Interstate

Class A

245*
124

12

1

r

1915*

25*

Int Business Mach. *
Internat Button Hole

15

Horn

25

Grumman Aircraft

Engineering
*

*

39

118

83

Agricultural..*
7% prior pref. 100

12

Common..---_25

Preferred

100

7"
20

mi wmmtm

Hooven&Allison.lOO
Horder's Inc com
*

35*

Gt Atl & Pac Tea

11

Gen Alloys Co
*
Preferred
10
Gen'l Amer Oil of
Texas common..5
General American

Ay*

100

$1.80 prior pref..*
Gray Telephone Pay

15*

$6 preferred-.100
$1.50 preferred. _*
Green (H L) Co—-1
Greyhound Corp—

A

195*
215*

5% preferred
20
Graton & Knight. _*

Great Lakes SS
Great Nor Pap

Conv preferr ed_20

12

Grant (W T) com.10

8

Greenf'ld T'p & Die*

Class

15*
105*

1365*
565*
145*

*

30

Hoe (R) class A..10

J*

Raps Varn_*

Steel

25

Common
Hollander (A }& Son 5
Holland Furnace. .1

Grand Union ctfs_.l
$3 cum conv pf__*
Granite City St'l..*

Inland

51

$15*

5

60

Interchemical Corp *
6% preferred--100
Intercont Rubber—*
Interlake Iron
♦

865*

25*
165*
155*
65*

Rapids Brassl

Preferred

55*
'

95

Common

Grand Nat Films.. 1

155*
65*

5

25*
65*

H eywood-W akefiel d

Graham-Paige Mot 1
Grand

145*

*

5
Heyden < hemical. 10

3

1

X
65*

Rayon. _♦

80

Hewitt Rubber

525*

2

Indus Finance vtc 10
Preferred
100
Indus Machine
1

39

Bart & Co com.25

*

com

35

10
10

*

pref

conv

Hilton-Davis

7% preferred..100
Gould Coupler A
*

2°%

1st pref
2d preferred

7% preferred.-100
45*
25*

100

Preferred
$4

54

*

125*
55*
55*

Hershey Chocolate. *

54

Silk

5*

♦

Preferred
100
Internat Radio
1
Int Safety Razor B.*
Internat Salt
*
Internat Shoe
__*
Internat Silver. .100
7 % preferred-. 100
Int Text Book
*

Hibbard

$3 pref with war.*

115*
55*
65*

4

w*

Gorham Mfg v t c_*

45*
29J*

15

105*

A. *

45*
20

1

375*

511

♦

Int.

13

Hiawatha

r

14

42

65
7

*

! referred

83

135*

100

llH

*

com

5*

77"

9

Indus Accep Corp
Cum prer
100
Indus Brown Hoist—

Industrial

15*

Creamery. *

10

$5 conv pref-.-.*
Goodyear T & R of

*

6% preferred..100

305*

$5 preferred-—..*
Goodyear Tire &

28

Gen

9X

5X

90

50

1

Powder

88

Pack
*
Gar Wood Indust—3
Preferred

Royalties
Hercules

*

80

*

2

265*

60

35*

.

l

*

pref—_20

1

—*

65*
45*

Hendrick Ranch

75

,

15*

5

Oil

15*
20

Ingersoll Rand
♦
6% preferred-.100

6

Hercules Motors

Preferred
50
Goodall Worsted.50

75c
12

42

7% non-cumpflOO

*

Good Humor Corp
Goodrich (B F)

39

(W E) com.2

Helvetia

145*

45*

Industrial Silica

Preferred

8

GoJdblatt Bros-...*

25*

4

♦

Preferred

17

J*

3

w w__25
Preferred xw
25
Helme G W)
25

*

$3 pref
*
Indiana Limestone. 1

4

59

50c

♦

7

IX

45*
55*

29

5

6
70

Great Lakes Dredge
& Dock com..
*

Gar lock

Heller

145*
375*

26

■fi

19

pref. .50

5

*

5*

*
2

A

325*

Pneum

Terr Ilium
Oil non-vot A
CHss B

1

37

*

pref

Gardner-Denver-

50
5

Am dep rets ord £1

Indian

40c

*

Parts Corp com_3
Helena Rub stein..*

135*

*

3

7 % class A pref.25
Hecker Prod v t c_.*

♦

-

4

Heileman Brewing. 1
Hein-Werner Motor

Class

Goebe] Brewing
Golconda Petrol

12

—

$6 conv pref
Gannett Co Inc—

1

$3 pref

135*

Brit & Irel'd

Tool

80

6,

10

$7 conv pref
*
Hawley Pulp & Pap

55*

,l

6P

100

505*
15*

4

145*

Indiana Steel Prod.l
210

35*

5
42

75* Feb.16
15

Preferred
10
Indiana Pipe Line 50
Indian Refining. .10

50

55*

10

conv

5

Indian Motocycle..*

Hart & Cooley
25
Hartf'd Rayon vtc.l

Class B

4%

Brewing com
Fuller (G A) Co1

8

it*

65*
6

$7 preferred
Hayes Body
Haytian Corp of

20

10
1

Indiana Gas 6c Chem
Common
5

125

40

100

Hart man Tob
Harvard Rrew

22

107

10

£1

Independent

16

com

575*

Class A

Froedtert Grain &

Common

6

d*

Gobel (Adolf) Co—1
Godcbaux Sugar

20

Trailer.

"5""

Bros

Preferred

IX
4X

Franklin ProcessFranklin Rayon—.1

Fuhrman & Schmidt

Potter

50
3

Globe Wernicke

22

Fruehauf

155*
120
55*

45*% conv pref 60

875*

*

15

Refractories com *

Globe Knitting—25*

5
18

F-R Publishing
Francisco Sugar—

Preferred

20

905*

*
5

$6 preferred

10

1

125*
45*

-

"55*

45*
16

Hearst Consol Pub

5
43

115*

Glen Alden Coal—*
Glidden Co
*

21

Malt common

45*

of Gr

885*

$5 preferred

35*
35*
15*

of Canada com. .5

♦

6%

34

Gleaner Harvester.*

7*

22

Common

24

Ideal Cement
Illinois Brick
Imco Partic Ltd

100

America
*
Hazel-Atlas Glass.25

*

conv

19

nref._100

pref

cum

4

1

Imperial Tobacco

93

25*

JK

Common

Imperial Oil Ltd
*
Registered shares.
Imperial Tobacco

10

Hammond Instrum't
Hanna (M A)
*

I*
13*

Huylers Inc—

Indus rets

$6 preferred
100
Hammermill Paper

7*

Imperial Chemical

55*
125*
975*

il*

Watch.."

cum

1

Hussmann-Ligonler *

it*

9

Hamilton Mfg—
Cl A pref part—10

6%

65*

5

Hazeltine Corp
*
Hearns Dept Stores

2

pref
Gilmer (L H)

16

r

6

95*

23

45*
15*

5

Common

78

1

9

30

&

15*

♦

-

2

3%

95*

"9"

Gilbert-Varker.
-1
Gilchrist Co
*
Gillette Saf Razor.*

7
23

S*

(AO)

Preferred

245*

3

18
105

*

Giddings & Lewis

16

55*

14

75

5

20

♦
100
Kilburn—
Preferred
100
Hall Lamp com
*
Hall (W F)Print'g 10
Preferred

Class B

-.60
-

Hajoca Corp.-

Hamilton

5

20

7% prefunstpdlOO
7% prefstmpd 100
Hygrade Foo I Prod5
Hygrade Sylvan
♦
65*s conv pref
*

7

65*% pref w w 100
Hathaway Bak A__*

16

8X
15X

60

com

3

Haloid Co.

1

6% preferred
Hupp Motor

25*
335*

Haskelite Mfg
5
Hat Corp class A__l
Class B n-v
1

100

Georgian (The) Inc *
8% class A pref.20
Cement

& Alabaster Ltd.*

Preferred

15*
155*

Giant Portland—

9

55*
205*

102

15*
135*

6% cumpref A100

85

2

33

Corp

65*

Genessee Brew A—1

17
84

n*

19

135*

6 ^preferred. . 100
Gen Tire & Rub—5

26

448^

24

155*

Gen Time Instru..*

17
21

Feb*2!

85

*

common

67

99

--*

Refractories..*

New

45*

65*

$6 conv pref
*
Gen Theat Equipt—

41

Fox Film class A
*
Fox (Peter) Brew__5

Franklin Ry Sup..*
Freeport Sulphur.10

1

Gen Steel Casting—
Common
*

Foundation Co
of Canada
--*
Four Wheel Drive. 10

French Investing-_*
Preferred
100

-♦

_

1

25

Harrlsburg Steel

21

k

Per share

5*

—25*

6% preferred..100
5
Harris Seybold

114
9

45*
205*

Bid

Par

Hunter Steel com..^

215*

Harbison-Walker

17

preferred--100

165*

155*

Ford Motor France

*

Stock*

U

125*

Gulfboard Oil

$5

255*

7

*

Gen

Ford Motor Ltd—

Ford Mot of Can 100

*

70

11

5

com

Preferred

Foote Burt

255*
1125*

Gen Rayon A stk— *
Gen Ry Signal
*

395*

&

Gear

Motors.-10

$6 preferred

it*

35*

Follansbee Bros—*

Foote

120

General Print Ink-

*

-

119

6% preferred- -100

10

Preferred

175*
92
52

35

68

Filene'8(Wm)Son8 _*

Flour Mills of Am.

165*

Preferred

2X
2%

15*

50

Gen Plastics

32

1*

Firestone Tire & Rub
ser

1

89

Class A

Oil

Common

*

Common

5

235*

225*

pref.-100

cum

6%

Fed Screw Works. .*

Federated Dept Sts *

0% pref

102

*

5% preferred

5

i!H

105*
95*

95*

Gen Optical pref — *
Gen Outdoor Adv't'g

175

3

9

Corp—*

Mills

General

195*
45*

175*

25*

Machinery—*

6%

*

Common

17

45* % preferredlOO
General

24

28

Household Util

Common

7

45*

27 X

.

Guantanamo Sug._*
8% preferred..100
Guardian Coal
A

Hale

Ltd—

Elec

dep rets reg £1
Gen Finance Corp.l
Gen Fire Exting—*
Gen Fireproofing. *
7% preferred--100

6

110

4

Am

20

65*
65c

195*
1085*

General Electric—*

93 5*

_

85*
15*
225*

1

Oil.-25*

Ask

Bid

Gypsum Lime

8

common *

Crude

General

1

5*

Cigar

Gen

50

45

Par

Gulf Oil Corp

37

7 % preferred- -100

15*

8% preferred- 100
Fairbanks Morse--♦

Fansteel Metallurg *
Farns worth Tele vis*

Gen

95

7 % preferred- -100
Fairbanks Co
25

Common

General Carpet

95*

1

25*
55*

155*

♦

A

7% preferred--100
Gen Candy A
5

2

85*

Exch Buffet Corp.. *
Fafnir Bearing
25
Fair (The) Chicago ♦

117

-

35*
55*

25*
55*

1
3

_

Ex-Cell-O Corp

2^

niooq

26 5*

19

5

Evans Products
Ever Plastics Corp

General Box Corp.l
5
General Cable--—-*
General Bronze.

8

1

Stocks

Per share

65*

65*

Baking

$8 1st pref

IX

Eureka Pipe Line.50
Eureka Vac Clean.5

5
*

General

75*
33 5*
100

87

stocks

Ithe month preceding the date of issue

o

Per share

65*

6

Endicott-Johnson. 50
5% preferred. ,100
Equit Office Bldg
*

Ask

Bid

Par

Per share

Emsco Derrick

miscellaneous

&

industrial

Quotations for all securities

Common

5

5*

INDUSTRIAL

88

Par

Stocks

Bid

Bid

Par

Stocks

Ask

month preceding the date of issue

Co
*
KelloggSwitch & 8 .*
5% conv pref.100
Kelsey-Hayes Wheel

Kellogg

B

Class

27c

Mickelberry's Food
Products com—1

23 %
95

25

Mid-Oont Petrol.. 10

Ludlum

1%

Class A

*
100

12%
4%

50

Lukens Steel

Kennedy's Inc
6
$1.25 conv pref—*

Lynch

Ken-Rad Tube &

MacAnd A Forbes 10

Macfadden Newsp.*
Macfadden Pub...*
Preferred
*

*

'

*

common

Keystone

MacMillan

6%

16 2-3

Kimberly-Clark

*

Kingsbury Brew

1

5

%

$5

conv

4%

1%

* k

pref

7%. 100

45

Feb

*

zv\

shares

Koppurs Co 6%pfl00
Kresge Dept Stores 1
4% preferred.. 100
8% preferred—100
Kresge (S S) Co—
Common (vot)_10
Kress (8 H.«
»
6% preferred
10
Kreuger (G) Brew.l
Kroger Grocery &
Baking common.*
Kysor Heater
__1

19%

Laclede Steel

Manufac's Trading 1

Mapes Cons Mfg..*
Maple Leaf Mill...* r
r

iVA
J*
1%

Margay Oil Corp..*

17%

See Invest, trusts.
Marlin Rock well.. 1
Marion St Shov
*
Preferred
100
Marshall Field & Co*
Mar Tex Oil vtc -.1
Common class A.l
Martin (Glen L)
1

1

18%

Lambert Co._..__*
Lanatin Corp
._1

Masonite Corp
*
5% A conv pf.100

25
96

Landers, Frary A

Massey-Harris

Clark
25
Lane Bryant Inc..*

Master

10%

Lawrence Portland
Cement
100
Leath & Co com...*
Preferred
..*
Lee Rub & Tire -.5
Lefcnurt Rlty Corp 1
Conv

pref

Refining pref. .100
McCall Corp
....*

_

.

conv

6%

pref.100

conv

McQuay NorrisMfg*
Mc Williams Dredge*

Ley (Fred T) A Co.*
Llbbey-Owens-Ford *
Liberty Baking..
*

Mead Corp com

Preferred
100
Lib McNeil & Lib.*

Mead Johnson

Life Savers Corp..6

Mellins Food

Lig A Myers Tob-25

Melville

$5.50pfserB ww*

Common B
25
7 % preferred-. 100

Lily Tulip Cup
*
Lima Locom Wks_*
Lincoln Printing...*
$3.50 preferred..*
Lindsay Lt&Ohem 10
Preferred
Line Material

10
._* A
*

Link Belt Co
Lionel Corp......10

Lion Matcn

*

Lion Oil

5%

Preferred

Locke Steel Chain.5
Lockheed Air Craftl
Locomotive Firebox*
Loew's Inc

*

$6.50 cum pref..*
Loew's Bos Thea_25
Loft Inc

*

Lone Star Cement-*

Long Bell Lum A._*
Common
....*
r
$5 preferred—100
*
Longwest Corp
Loose Wiles Bis..25
► 6% preferred.. 100
Lord A Taylor-. 100
1st preferred.. 100
2d

*

preferred--100

Ne par value.




11%
87
6%

26
90c
5

* '

5$
28%
1.00
5%

7%
7%
55

8%

elg

45

90

Lino.*
*
50

*

com

33

36

14
70

3%
17
17

2%

3

11

*

pref
*
Muns'ngwear Inc..*
Preferred

2.50

com

26

22
2

28%

26%

Jh
8*

Metrop Playhouse.*
Mexican Eagle Oil.4

3%
%

Mexico Ohio oil...*
Mexican Petrol
1
Mich Bumper
1

H

%

1%

27

110"

1

2%

Mich Steel Tube_2H

5%

Canadian price.

15*
55

~5"

J
%

60

27%

*

Bedford

101

5

11

Preferred
100
New Bedford Rayon
Class A
25
New Bradford Oil..5
New Britain Mach. *

115

90

common

England

units

8

15*
7

*

10%

*

9*

11%

4%
30
11

13

VI*
25

10c

25c

Steel

•

N Y Auction
N Y Air Brake

N Y Investors
See Invest,

$5
N Y

99

V*

non-cum

2%

*

22

,.*
trust.

N Y Dock
42

t*

*

2%

pf.100

7%
6%

Merchandise. 10

N Y

Shipbuilding.. 1
Founders shares. 1

7% Prof
N Y Transit

M
37

100

Niles-Bement-Pond *
5

4%

lH
6%

7% preferred.. 100
National Bronze A
Aluminum Fdy..*

154

xt

Nat

111
13

*

Fire-Proofing.5

Nat Food Products
Class A ww..
1
Class B
50c

t New stock.

A*
43

*

*

6

5

6

38
4

30
10

26]

12\

3!
6]
2

20

24

...l

1
2

Com class B

4

13%
13%
38%

*

A....

Class

B

18
18
42

5
1

*

8

20

..*

6% %preferredl00
North Cent Texas.5

25

2

3%

Oil—1

2%
%

North German Lloyd
Amer shares

1%

2

North A Judd
25
Nor Paper Mills...*
North

N'west

9

N'west

Engine

Yeast
Norwalk Tire A
Rubber

%

21

23

10

14

4

Pipe Line..50

6%
12%
107%
106%

3!
8)
6}

2

1
Class B pref
1
North Amer Rayon
Com class A....*

No European

8%

~*

6 ^preferred... 10

Common
Class A pref

Class

%
16

Nat Dist Prod
Nat Enam A

12%
3%

....

6% prior pref—5Q
No Am Refractories

5

1

Dairy Prod
*
7% pref class A100
7% pref class B100
Nat Dept Stores
*

2I*
2V

_

10

Nat Container
(Del)l
Nat Cylinder Gas.. 1

1%
12

10

$6 preferred
*
North Amer Cement

Preferred $7
Nat. Cash Reg..

55

New Niquero SuglOO
Newport Indus
1
New Process Co...*

40
8

*

10
63
11

45

pf__100

New Mexico A
Arizona Land

Myers (FE)& Bros.*
Nachman Springf..*

Nat Casket com

&

100

4%
58

*

com

N J Worsted

12

Lime

23

National Candy...*

1II*

Cord¬

~25

..

5

75%

Newton

6

l

l

2

36
16

Newberry (J J) Co—

Noma Elec Corp
1
North Amer A via. 1
North Amer Car
20

Common
Preferred

Mar"7

70
4

4%% convpfd 100
Nelson (Herman)
6
Neptune Meter A..*
8% preferred. .100

Noblitt-Sparks

Stpg

%

i*

18

Muskegon Motor
Spec cl A
...*
Mutual System

50

*

10
Nicholson File.
*
1900 Class B
...1

*
100

Nat

100
115

*k

65

Muskogee Corp

13
6

4

100,

Nebel (Oscar)..
Preferred

32

12%

*

Preferred

New Idea

10%
8%

100

Murphy (G C)
*
5% pref
100
Murray Corp
10
Murray-Ohio Mfg.*
Muskegon Piston

3]
21
7U

28

100

6%% pref—..100

Murphy VarnishlOO

Nat Bellas-Hess

%

r

*

conv

Nat Biscuit

8

26%

Nominal.

_

Corp. .5

Mueller Brass Co__ 1
Mullins Mfg Corp—
Class B
l

Ring

..»

New Hav CI com. 25

52
22

1

n

3

23
77

6 % preferred. .100
Nat Battery pref..*

21"

19
10
54

Partic pref'ence.15
Metal & Thermit. _*
Preferred
100

k Last sale,

3% Feb

4

5

Oil

k

Finance

Mount'n& Gulf Oil 1
Mountain Prod
10
Moxie Co class A
*

$7

7%
%
7%

Nazareth Cement-10

New

Fibres new com..1
Nat Aviation
10
Nat Baking com
1

31*
5%

Gas A

68

Nat Acme Co
Nat Automotive

30%
4%

Mich

& Machinery. .100
Mtge Bk of Colombia

Narragansett Rac'g 1
Nash-Kelvinator ..5

Mesabi Iron
Mesta Machine

200

77^

92

9

i38*

150
110
113

76

(Philip)

Conv preferred.
Products

23

3
2

7 % preferred. .100

A Co Ltd.
10
Morse Twist Drill

.....

Co

Cotton

age

15

Corp common—.5

S*

22%

5% preferred-. 100

13

Amer shares

60

5%% pr pref..100
$2 10-yr pref
40

Common

25

Morris

77

14%

Supply (Pa)-.10

New

22^

19

6%% pref A100
Messenger Corp
5

15%
103%

%

_10
Morris Plan Indus

85

Metal Textile Corp
New common.25c

14%
96%.

180

Preferred
Bank

18

14

Supply—

Nestle-Le Mur cl A *

30

100

Preferred

Merritt, Chapman A

6

23%

59

83

22

Merrimac Mfg. .100
Preferred
100

34

21%

Mot Wheel

114

Scott

Moody's Invest Serv
part pref
*
Corp com..*

Moore

Motor

7

Merrimac Hat

20%
18 %
7%
5%
5%

27

1%

6% preferred..100

35

25

7

89
19

100

Preferred

Monumental Radio 1

w*
96

14
9

Mergenth'ler

123

9

85
27

70

3%

Preferred

*
100

55

Merck & Co com..]

19%
12%

Loblaw Groc Ltd A* r
Class B__
_* r

40
8%

19%

Transportation—*
Merchants Refrig..*

10%.

Brothers—

%

Merchants & Miners

6

1

Lit

16%
20

9!M
Mar2|g

94

60

Mar

Nehi Corp com....*
Neisner Bros
1

25%

121

Morris Plan com 25c

1

$2 Particpref

2%
9%
19 %
32
5

68%
114%

15

3%

91

6% prior pref.100

Navarro Oil

2

26

75

45

15%

Naumkeag Steam

46

1st pf.50

Merchants & MfTs
Sec Co class A.l

25
*

conv

*

...10
*

Mercantile Stores._*
Preferred
100

16%

6% preferred
Liquid Carbonic

Shoe

com

MengelCo

Refg
*
Lipton (Thomas J)—
Class A

*

$6 preferred serA*

25%

44%
12%

Natomas

24}

50^

1%
6

60
16

32

5

4?

47

>4

1%
4

50

25
*

3

*

Preferred A
Preferred B

26%

$6 preferred
100
Nat Standard.... 10
Nat Steel Car Ltd.*

7

Morrell(John) A Co*

162

w

McLellan Sts com.l

1

Le Tourneau (R G)1

,

5%
30%
11%
21%

14
5%

pref
*
McKinney Mfg.—*

4#% pref....100
Inc

2%
25%

*

Nat Tea common. _*
National Tool
1
Nat Transit
12.50
Nat Union Radio. .1

40%

...

Class A

McKeesport Tin

Le Roi Co com...10

Lessings

2

10%
7%

$3

*

111

10
7%

McKesson-Robb'ns 5

3%
15%
1%

6%

$4.50 pf ser A. 100
Montgomery Ward
Common
*

McGraw Electric.. 1
McGraw-Hill Pub.*

10

19"

4

6
2

15

*

Conv part pref..*
Nat Shirt Sh Del—♦

Nat

2%

68

J>y*
63

com

Portl Cem
Common
*
Preferred
10
Monroe Chemical._*

Monsanto Chem__10

1%
7
40

Plate

7%

~i%

McOrory Stores
1
Conv 6% pref.100

Leland Electric
*
Leonard Oil Devel 25
Lerner Stores..
*
■

* r

Preferred
100 r
McCord Rad cl A. *
Class B
*

Lehn A Fink Prod.5

l8*

Motor

Oil Co

20

Molybdenum Corp 1
Monarch Mach T'l *

100

Monroe Loan Soc A1

McColl-Frontenac

*

Mfg com..*

7%
78%
17%

Preferred

7#
3%
3%

*

National

9%

Mock Judson A Voe
Common
$2.50

20%

McCahan Sugar

Leh Coal A Nav
*
Leh Portl Cement_25

4% conv pref.100
Lehigh Valle* Coal *
6% cum conv pf 50
Lehigh & Wilkes*
Barre Corp.....*
Lehman Corp
1

*

Maytag Co
*
1st $6 pref
*
$3 cum pf ww ._*
$3 cum pref x-war* k
Warrants

20

1

Monolith

20%

3

Nat Steel Corp
Nat Sugar Refg.

3
25c

28

20

Preferred

SV'
B*

2%

2*

*

Nat Screen Serv

6
50c

2

7 % preferred—100

11%

Modine

$7 preferred
Nat Rub Mach

27

100
Moore (Tom) Dist.l
Moore Drop For A_*

10%
160

.

Lawbeck Corp—

i

29

Math'son Alkali...*

LaSalle Ext Univ..5
Lautaro Nitrate A.l

11

Monogram Pictures 1

100

5

7 % preferred- 100
May Dept Stores. 10
May Hosiery com.*

7% pref w W..100
Lanston Monotype
Machine Co.. 100

6% preferred-.100

*
100
1

Preferred
Electric

33

25

20

Martin Parry Corp *

*
100

4%

l

3i*

3%

Lakey Fdy & Mach 1

Lake of the Woods
Preferred

5

Marine Midland—

12 %

26

5

a

4

20c

*

Nat Service Cos

B—*

Preferred

21

2

5%% preferred. 10
Radiator
»

100

J*
24

Pressure
com

Nat Print A Appli.l

19

16%

3%

Nat

92

27
87

5%
1%
1%
14%
2%

Milling

2%
20%
1%

National

Natl Pump com

Class B

15

14%

100

5%

52%

14%
2%
45

Paper A Type—

Common

4

Pipe Line A

6

Marathon Paper. .25
Preferred
100

50

Lago Petroleum

3

*

Preferred
100
Maracaibo Oil Exp.l

9%

12

Mo Portl Cement_25

A Co common

£1

6%

50%

*

Mission Oil

2

40

Nat Oil Products..4
Nat

2

Minneap-Moline
Power Implem *
$6.50 cum pref..*
Mission Corp
*

9

13%

5%% preferred..*

....

Missouri Kansas

%

Manning Bowman
Amer

71

3%

100

ser

15"

Washer.20

80%
9%

70"

90

preferred.100

Steel Castings
*
Nat Mfrs &Stores._*

Minneap-Honeywell
4% pref

%

35*

Nation'1 Malleable A

7%

preferred..*

140_

130

6% pref B
100
Leather. 10

16

%
6H

Minn Min A Mfg__*

%

1

Manh-Dearborn

70

11!
17!

156

National

6%

12!
51
83

10%
17%

pf__20

5% preferred..100

Regulator

/%

_

non-cum

Lead...10
7% pref A
100

Cooker

Pref 6%%

%

Manhattan Shirt.25
Manischewitz

*

4%

Midwest Piping &

5H

Inc..*

Common

9%
65

.

Conv

Mangel Stores—

Knight (B B & R) pf*
Knitted Padding..
Knott Corp
1

75

Miller (I) Sons com *

New common...1

Mandel Bros

15

8% 1st pref...100
$2 n-c div shares.*
Mid vale Co
.*

1

5

80

National

Nat Lock

Supply common.*

20

Majestic Radio A
Television com-.l
Mallory (P R)
*
Manati Sugar
Option warrants.

3H

Miller A Hart—

1
*

-

25*

12%

*

Nat Licorice com 100

$2 conv
Midland Steel
Products com.*

Scrip

Nat Fuel Gas.

Natl Gypsum com.l
1st. 7% cum pf_100
2d

2%
%

•A

Corp—
pref
*

Mid-West Abras_50c
Midwest Oil
10

24%
10%

2

Oil

Midland

43

27

*

Preferred

Kleinert Rubber. .10

Kobacker Stores

Co

Razor com

King Seeley com__l
Kingston Products. 1
Kinney (G R) Inc..1
$5 prior pref....*
$8 preferred
*
Klrby Lumber.-100
Kirby Petrol
1
Klein (D E) Co...

Cum pref

2%

40

Macy (R H) Co Inc *
Mad Sq Garden ..*
Magazine Repeater

Watch

Case

126

I*

Mack Trucks Inc..*

Keystone Steel A
wire

■UB

22%
116%

6% preferred.. 100

Lamp A
*
Kerlyn OH cl A
5
Keyes Fibre com..*

ig»

23*

5

Corp

*
*

t c

v

Class B vtc

1

Steel

13%

States Pet-

Middle

100

%
4%

ii*

—

Ask

Bid

Par

Per share

3$

Michigan Sugar
*
Preferred......10

14

128
22c

Ludlow Valve
Preferred

Stocks

Ask

Per share

6%% conv pf_100
Ludlow Mfg Assoc.*

$6 part pref A
»
Kendall Refining >10

Class A

Bid

Par

Stocks

Loudon Packing...*
Louisiana Oil Refg.*

50

Corp com *

Kendall

18%

Lorillard (P)
10
7% preferred-.100

2ty<

1
1

Conv class A

Ask

Per share

Per

STOCKS

MISCELLANEOUS

&

Quotations for all securities are as near as possible for the closing day of the

._*

8%
42

100
*

1%

5

10
45

1%

7% preferred
50
Norwich Pharm.—5

12

21%

34

36

Novadel Agene
Noxzema Chem

18%
4%

20

*
1
Nu-Enamel
1
Nunn-Bush Shoe 2%

2

6

2H
16

r

r

22%
145

23
mm

mm mm mm

APRIL, 1938]

INDUSTRIAL

Quotations for all securities

Stocks

Bid

Ask

Ohio Brass B
Ohio Forge &

Machine Corp.„.*
Ohio Leather......*
Ohio Match ......i*
Ohio Oil
»
Preferred
100

15
10
6
10

Pharis Tire & Rub.l

Phelps-Dodge
25
Phila Dairy Prod-*
$4 preferred
*
$6 preferred
*

7*/
108
120

80

7% preferred..100
Oilstocks Ltd
*
Okonite common 100
6% preferred
100
Oldetyme Distillers 1
Oliver Farm Equip.*
Warrants
Oneida Ltd coml2H

Petrolite Corp Ltd.*
Pfeiffer Brewing..

10

100

Ohio Rubber

Ohio Seamless Tube*

Phila Insul Wire—*
Phil & Read O & I.*

4H

4*

Phillip-Jones Corp.*
7% preferred. .100
Phillips Packing—.*
Phillips Petrol—.*
Phoenix Hosiery.-.5
7% preferred-.100
Pick (Albert) com.l

~m

8

150
85

1H

90
1

20 h

Per

Par

16
12

21
2

J

16

25

27

28

20

22

Pkge Corp

Ask

17

16

4%

4%
3 %

19*

17
2
6

31
17 %

,!*
33
21

Preferred

Ontario Mfg com..*

Oppenheim Collins. *
Oshkosh B'Gosh
*
Conv preferred..*
O'Sullivan Rubber. 1
Otis Elevator__.__*
_

8%
25
15 H

6% preferred. .100

Otis Steel

*

124

0%
23H

$5.50 conv 1st pf_*
Outboard Marine &

Manufacturing

15%

122

8%

conv

3

40

46

5

Pittsburgh Brewing *

20c

65
33

...

36"

Ozark
Corp
*
Pac Amer Fisheries 5
Pacific Can
._*

%
6%
4H

Pacific Coast Co. .10
1st preferred
*
2d preferred
*
l»ac Eastern Corp.. 1
pacific Finance Corp
See Invest trust-.

3

13*

.

6% preferred-.100
United
Corp

~3%

See Invest

11

15 H
45

28%

Pref unstamped-5
com
1

Potter Co

Prairie Oil & Gas.25

30

86

5%

6

66
6

n

31

in

*

41

Common

5% conv 1st pf..5
5% conv 2dpf—50

17

12%
1H
3 H

15

4%
2%
4%

%
50

5%
2%

Class B

2
*

Penney (J O) Com

*

54

Air-

common

*

New

Preferred
Pullman
Punta

2%
1%

Pa-Dixie Cement—

2%
11

3%
1%
2H
12 H

Switch class A__ 10
Penn Federal Corp.*

11

4 % % preferred.50
Penn Glass Sand—

23%

24

0%

Radio-Keith-Orph *
.

*

Penn Salt Mfg.-.50
Penn Sugar
20

20

Circle

*

129 n
28*

common

4

3

Rath

1

Class

20%
110%

_

62

18

24

6%
0%
7%

Pile

7%
14
8

Without par value,

*

84
7 H

4%

4%

80

90

125

138

10%
1%
2y%

ioc"

12

1H
2 H

25c"

2h

Royal Typewriter.*
7% preferred.. 100
*

$2.50 conv pref..*
Ryan Car com
*

k Last sale*

18^
1H
H
3 H
34 H

r

~~%e

53

64%

29^

33

OH
3H

24

sS0H
10*
2 H

15"

Common
*
Slmms Petroleum. 10

14

Common

*

1%

2%
1.25
14

1
16

(Franklin) &
Co 7% pref... 100
Simplicity Pattern .1
Singer Mfg
100
Singer Mfg Ltd—£1
doux City Stock
*

com

Sirian

*

18
2n

212

30%
4

216

5%

1?*

\l*

Lamp com..*

Preferred

*

"1%

*

2%

19
94
6

55

60

40%

45

90

96

12^8

15

Smith & Corona

Typewriter vtc—*
Smokers Match
*
Smyth Mfg
25
Snider Packing
*
8ocony Vacuum. .15
Solar Mfg Corp
1
Sonotone Corp
1
Conv preferred.. 1

on
12

~8%
10%
in
0%
20c

Mfg common. 1
South Bend Lathe
Works

-.5

10
14

80

1?*
2%

10%
30c

3%

4

13%
2%

14

20

27

26%

29

20

25

8% preferred..100

2%

%

Development .10
Exp..100
-

Southeast
Southern

58

70

67

75

79

83

Class

131K

19
150

3
68

3%
73

Dairies—
*

A

*

Class B

12

18

South Shore Oil &

12

South'n Pipe Line 10
Sou Webbing Mills..

Southland

Royal._*

3*west Pa P L

50

3%
10

~5%

6

16 H

20

Portland
Cement com. .100

23

100

93

S'western

Regis Pap com. .5
Preferred
100

42

Jy°

2

H

1

'in

~2%

03
15 H
3

08

60

80

8%

17 H
5

iiM

0%
27 H
in
18 %

69

73

25 H

8H
•

-

-

H
n

Ex-dividend

Preferred

Spalding (AG)&Br_*
7% 1st pref.-.100
Sparks-With'gt'n Co

8

100

5

South Penn Oil

35

Schulte Real Estatel

(A O) Corp.10

W*

84

15

So Porto Rico Sug_*

6

San-Nap-Pak com.l

^mith

12

13^

30

t

12 n

South Coast Corp—1
Preferred
100

100

stock,

16

2I*
3i*

62%

t New

13

Simmons Hdw & Pt

50%

10H
4H

Canadian price,

Pub preferred—*
Simmons Co
*

So8s

12%

20

Preferred

8

Simmons-Boardman

Warrants

100

58

*

7% preferred-.100
3
30

Nominal,

18H

St L Nat Stk Y

Sanborn Map

.5

»

10

18

Savoy Oil
5
Schenley Distillers.5
5H% Pref
100
Schirr Co com
*

*

17 H

St Lawrence Flour
Mills cojm
100

10

1H

12
25

$6 preferred—100

n
in
2%
4%

13

7

*

1
4

6

Rayonier Inc com. 1
$2 conv pref
25
Raytheon Mfg—50c

.

3%
16%

50

Units

17 H

6

6%

Simon
6

~5~~

Savage Arms—
*
Savannah Sugar..-1

common.

1H

25
Sangamo Electric..*

2

11
120

23

Simon Brewery
1
Simonds Saw & Steel

2

\4%

Mills

H
in
3H

100

Ryan Cons Petrol.*
Ryerson & Haynes.l
Safety Car H & L100
Safeway Stores
*
5% preferred
100
6% preferred.. 100
7% preferred ..100
St Joseph Stk Yd 100
St Lawrence Corp.*

Samson United

im

....

*

*

Common

4*

*

37

Reda Pump.
Red Bank Oil

1%
1H
in
2%

90

*

Rossia Int Corp

13

7% pref vot...100
3H

Ross Gear & Tool

11

17%

r

$2.50 preferred.30

Salt Creek Prod..10

5

100

Preferred

2H

10

*

Preferred
Common

7

14 H

1

Preferred

N

8lgnode Steel Strap'g

Yards

Corp.5

10

6% preferred
Real Silk Hosiery

4%

Sloss-Sheff S & O 100

27

.

Sher-Wms Can

55
35 H

30

3 H
70

J*

25

20

64

17 %

Hoist

Skelly Oil.
15
6% cum pref. .100
Skenandoa Rayon.*
5% preferred.. 100

H

15

17
69 H

&

12%
&%

Preferred

ff
04 H

Mar 26

~m

6

St L Rocky Mt &
Pacific Co. .100

He
%

%

01%

Rights
5%% conv pf_100
Shepard Niles Crane

i**

*

common

Preferred

Petrol Conversion. 1
Petrol Derivatives.*

Petrol Heat & Pr._*




8%
73

12°*

Warrants

11H

Preferred

7

2i*
40

Shell Transp & Tr £2
Shell Union Oil
♦

12*

*

25

112%

58

B

Packing
10
Raybestos-Manhat *
Raymond Concrete

7

*

Rustless Ir <fc Steel.1

22 H
5H

3%
42

Sivyer Steel Casting

100

Russeks 5th Ave .2 %
Russell Mfg— —50

10%

20%

*

Roeser & Pendleton *

St

.100

preferred
.100
Randall Corp pt A_*

i*
35*

100

Ruberoid Co

112

*
*

%
1%

Permutlt Co
1
Pet Milk
*
Pet Corp of Am—5

*

—

Class B com

2

6

Units

Perfect

4

Ralston Steel Car

2 H

_lc

Peoples Drug Stores*
6% conv pref—10
Pepsi-Cola
..*

Product A—

3 H

1%

1
123 n
26

2%
Penn Vy Crude Oil—
B

25

1%

4%

$1.20 conv pfd.20

l y<2,

4

Sheaffer Pen

6%

2

53%

66

Rose 5 10&25c Store

37
112

22%

Shattuck (Frank G) *
Shawnee Pottery.. 1

Silex Co

7% 1st pref—100

40 H

3 H

jj}*
39^

pref
Sharp & Dohme
*
$3.50conv pref..*
conv

2%
10 %

110

95

Rochester Button. _*

of N Y ord shares.

33

*
*

5%pf ser AAA 100

102

1

H

4%

Sherw-Williams -.25

9

Preferred

$5

*

4*
10

5

18

Root Petrol Co

Rainbow Luminous

Penn Traffic

A.....

1

Railways Corp

J*
34 H
4H

Preferred
12
Robinson (Dwight P)

Preferred

n9o*

♦100

5

New com w i

108

2%
11%

13%

Roosevelt Field

m

Chem.l

75
62 H

Royal Dutch Co

72 %
80
7

Rademaker

ion

if*

18
3

Rome Cable

120"

*

_

Penna

Class
Class

Alegre Sugar *

it*

lis
11

..1

7% preferred.. 100

Rogers Majestic—*
Rogers Peet
100
Rollins Hosiery
1

5

He

5% preferred
6% preferred.. 100
Purity Bakeries—*
Pyrene Mfg
10
Quaker Oats
*
6% preferred- 100
Quaker State Oil.. 10

10

12

1

c—*

pref

20

Inc

8

Robertson 'HH).,»
Robertson Pap Box .5

common

Original pref. .100
Puget Sound Pulp &
com..*
20

60

*2"

213
119

40

86*
I"

14H
OH

*

Prosperity Co B

Pure Oil Co

1

Penn Coal & Coke 10

H
30%

1%
6H
11H
46 H

2

Servel Co

5% preferred.. 100

5

2*

in

5H
11H

*

Rockwood & Co

11H

13% Mar 24

Selby Shoe
*
Sentry Safety Con.l
Serrick Corp cl B..1

2

40

*

35

Producers Corp. _25c
Prop per McOall'm..
Old common
*

Timber

2%
41%
56%

40

*

Publication Corp..*
1st preferred..100

%

Penick & Ford

Corp com..*

8% preferred-.100
5% preferred-.100

1H
3%

4%
4%
14 H

100 r

Proc & Gamble

101

31*

OH

* r

Preferred
Process

98

1

Price Bros & Co

13

16

Metals Am.*

Pressed Steel Oar-

9

conv

B

40

46*

Sharon Steel Cp

m

.

45

pref

2
12

100

95c

*

Preferred

I§"
37

Hall

Preferred

Seton Leather

Rockbestos Prods—

18

20

Industries
Units
...100
Penn-Mex Fuel
2
Penn Rivet Corp

%

1H
1H
1H

34

conv

16

125*

7

$7

&
iH
7%

1%
%

*

Pressed

71
7
32

16

v t

1%

Pratt & Lambert..*

4

*

Common

5%

A

lVi
47%

10*

7

50

Rubber.*

Shamrock O & G..1

Robbins & Myers. *
Preferred
25

"5 %
14 H

Prentice

90

&

*

Class
Class

5

1

Preferred

Seversky Aircraft.. 1

Ritter Dental Mfg. *

100

5%
13%

"5

Riverside Cement—

•

3 H
1 %

Pender(D)Groc'yA *

n7% conv pref A
Penn Electric

*

Potrero Sugar
>.5
Pref stamped.-.5

15

Weighing &
Vending com
1

Penn-Central

100

Class B

4%

50

3

rilines Corp

7H

15

Pollack Mfg
*
Poor & Co class B—*
Class A
.-*

30

10

Peerless Cement.—*

Preferred

6

*
100

Preferred

42

Porto-Ric-Am Tob—
Class A
*

40
x

Riley Stoker

1

*
5

Preferred

H
2SH
4%

-

Corp

6

4%

30

'to*

*

Richman Radiator. 1

100

Pocahontas Fuel.100

7

Panhandle P & R__*
8% conv pref. 100
Pan tepee Oil Co
1
Pantex Pressing
Machine common*
Preferred
..*
Paraffine Co Inc. *

Peerless
Peerless

G)

Plough Inc
Plymouth Oil

14%

50

Pan-Amer Southern!

*

(Thos

7% 1st pref

9%

5
6% preferred.. 100
Peck, Stow & WilclO

18

Plant

11%

7% preferred

8

trusts

B common
10
Rice Stix Dry Gds_*
1st pref
100
2d pref
100
Richfield Oil of Calif
Common

5%

Pea body Coal B

%

&

16%
3%
10 H

5

Warrants

urn

Parmelee Trans—*
Pathe Film Corp-_l

14

%

Pleas't ValWine Col

5

1

30

11

*

Pan Amer Match_25
Pan Am Petrol &

Rig

20

1

50

common

26 H

7

13

25

7% cum pref. .100
5%% conv pf.100
Reybarn Co Inc
1
Reynolds Metals. _*
5%% conv pf.100
Reynolds Spring
1
Reynolds Tob
10

Pittston Co

Pan-American For¬
eign Corp class A1
Class B
1

Reel

9

8

20%

15%

*

40*

__

w w

Preferred
10
Revere Cop & Br..5
Class A
10

Plant Reduction

*

OH
10 H

4

Repub Port Cem_.*
Republic Steel
*
6% conv pref. 100
6% prior pf A. 100
Res pro Inc com
*

4

Preferred
60
Pan Am Airways..5

Parkersburg

4

54
5

4

43%
5%
6%
55%
5%

23
23

90c

warrants

6%

21
21

15M
2H
OH
H

rights

3%

Palrpont Corp..100

Parker Pen
10
Parker Rust Prf.2 %
Park & Tilford Inc.!

20%
3%
38%
4%

Pitts

10H

*

6% 1st pref
100
6% 2d pref....10
Parke, Davis Co..*

40%
5H

JU

Pittsb Term Coal-.l

Packard Motor

4% conv pref. 100
Paramount Motors *
Paramount-Publix 10
Paramount Picturesl

1

Pittsburgh Steel—*
7% preferred.. 100
5%% prior pf.100
5 % preferred. 100

40

Transport

*

Pitts Screw & Bolt.*

4

3%

Preferred
Pacific West Oil. -10
Warrants

Bros

pref

Pgh Metallurgical 10
Pittsg Pi Glass—25

Pacific Port Cement
Common

Palmer

J%

3%
24%

conv

B

Si

6*

*
*

Seeman Bros

96

2

Reo Motor Car

3

Pitts Forgings

!8

3

1H

H

19

$5

100

conv

Preferred
Renner Co

4

Seaboard Fin Corp. 1
$2 cum pref w w. *

Seiberling

8

Rem'tn Rand com.l
Bond

5

*

ware com..

pref.25
Remington Arms..*

30c
10
22

—*

Pitts Coke & Iron..*

•H

11%
3%

4%

pref. 50

Segal Lock & Hard¬

10

(Illinois)

25

19

Warrants

Seagrave Corp
Sears, Roebuck

H

_

8H

Preferred

(Pa)..100
6 % preferred- .100

Pitts Coal

6

1

20

*

$2 conv pref....»
Seaboard Oil (Del).*

5%

Common

$1,50

21"

Preferred

42 %

4

%
4H

Oil.%

Reliance Steel
14

H

Am shs 500 lire—
Pitney-Bowes Post.*

41

3%

4"

Winterfront.l
Pirelli Co of Italy

3

25

V*

3

25

Scranton Lace
Scullin Steel

4*

3%

3l*

Common

Steel common

1

2H
10%

Pines

114

100

.

9

Outlet Co com....*
7% preferred..100
Overman Cushion
Tire 6% pref
*
Owens-Ill Glass. 12 ^
Oxford Paper com.*
$6 preferred A...*
$5 preference.
*

2H

_

Scott Paper
Scovill Mfg

'

Reiter-Foster

Ask

Per share

8% preferred.. 100
Schwitzer-Cumm

2m
20^
4%

6 % preferred- 100
Reliance Elec & En

21

11%

19

*

*
100

6 H% pref
Regent Knitting

%

Pillsb Ft Mills com.*

10

Reed Roller Bit
Reeves (Daniel)

Bid

Schulte Retail Sts.l

Reliance Mfg Co

Pilgrim Explorat—1

5

Units

Reliable Stores

Motor

Pierce Petroleum..*

0%
35

3

Reliance Bronze &

8

pref. 100

~2

*

_

7% 1st pref...100

36

2%

Pierce Butler Rad.5
Pierce Governor—_*
Pierce Oil Corp...25

30 H

in

JH
26

com

Reis (Robt) & Co..*

27%

Oar Corp com.-.5
Preferred
5

4

18

Reed Prentice

3

2H

5

Pierce Arrow

15

9H
3%

Reece Button HolelO
Reece Fold Mach.10

Preferred

59

Stocks
Par

Mills Ltd

48

5

Preferred

Ask

Issue

Per share

Par

4*

28%
3 H

Bid

Stocks

share

Pictorial Paper

Onondaga Pottery.*

89

STOCKS

possible for the closing day of the month preceding the date of

Bid

Stocks

Per share
23 H

MISCELLANEOUS

&

are as near as

9

100

n
1%

Common

2%
35

—*

Spear & Co
*
$5.50 preferred
*
Spencer Kellogg—*
Spencer Shoe——-*
Sperry Corp v t c..l
Spicer Mfg Co
*
$3 conv pref A
*
Spiegel Inc com...2
$4.50 conv pref..*
Square DCo
1
Squibb (E R) & Son*
$6 preferred—..*

3H

(39^
2H
5

75
19 H
2 H

21%
3

15 H

16 H

7%
26%

20

5?*
12

8%
6n
54%
12%

24

26

99

102

INDUSTRIAL

90

Stocks

1%

100

1%
25

20

Staley Mfg Go
10
7 % preferred- -100
$5 preferred—--*
Standard Brands..*
$4.50 cum pref..*

9%

10%

82

84

71

74

6%

6%

97w

*

Standard Brew

Oonv preferred .10
Standard Coated

13*)t
22

10c

1

3

Common

$1.60

1%

1%
3%
2%

1%
7%
25%

2%
8%
25%

pref_20
(Oal)
»

Stand Oil (Ind)_._25
Stand Oil (Kan)..10

24%

15%

5%
40%

40%

(Ky)—10

Stand Oil (Neb)..25
Stand Oil of N J..25
Stand Oil (Ohio)..25

Am deprcts ord £1 k
Am dep rets def._

26

3%
5%
2

2%

Picture

Transwestern Oil .10
Trenton Vail DistTrico Products
*

IX

8%
5%

Mar 28

4%
3%
2%

3%
2

51

1

Tubize

2

18

6%
1 %
6%
19

5%
4%

5%

5

Corp

65

Union Oil of Calif_25
Union Premier Food

4%

Stores

85

3%
9

4%
10

3%

17

5

8

Sun

*

45

121%

Sunray Drug
1
Sunray Oil
1
'5%% conv pf._50
Superheater Co
*

8

2%
25%
17%
1%

1
*
*

29%

31

18%

30%
8

8%

5

1%
%

5

Sutherland Paper. 10

18

9%

vin
20

Swan Finch Oil_._15
Sweets Co of Am_50

4%

7

7

2%

6% nreferred. 100
United Oigar-Whelen
Stores com
10c
$5 preferred
*
_

Un Drill & ToolClass A__

1
25

1

__1

Taggart Corp
1
$2.50 pref
*
Talcott (James)...9

L 5% %"preferred_50
Tampar Inc
.1
Tastyeast Inc cl A_1
Taylor-Colquitt Co 5
Taylor & Fenn_„100
Taylor (K) Dist
1
Taylor-Wharton
Iron & Steel com.*
Technicolor Inc
*

Telaut'g'ph Corp..5
Tennessee Corp
6
Tennessee Prod
*
Warrants
Term & Trans com. 1
*

15
-

22

11%

Class

3%
15%
22%

24

4%
35%
2%
%
25

**

-

%

"I

6%
14%
4%
4%

8

1

%

15%
4%
4%
1%
1%

1

2

17

21

2%
26%
7

conv

100

Unit Piece Dye com*
Preferred
100
United

Class A
1
Un Shoe Mach...25

6%

Preferred
25
United Specialties .1
U S Bobbin&Shuttle

~7~~

3%

3%

U S Finishing

7%

15

18

U 8 FoilB

60

U 8

1

pref--_10

7%

15

2%

100
100

Freight

U S Glass
U S Gypsum

1

*
25

__20

7 % preferred ..100
U S Hoff
MachLn'y5

5%%

conv

pf._50

*
West Indies Sugar. 1

If*

Westins Air Brke.*
West'he El & Mf_50

5%
45%
132

S3
4*

ji
82

1%

11

10

100

12

6

100
Westvaco Chlorine. *
.....

conv

!«
X

14

73

4*

*

7% first pref-.100
Pipe common..25
Whittall (M J)—
5% preferred
10
Wickwire Spencer

16

66

ctfs

25

Steel common.. 10

5%

33

39
15

40

12%
2%
29

2c

40%
14%

35*
5c

7%

10%

7% 1st pref

100

Van Sweringen com 1
Veeder Root inc ..*

Venezuela Mex OHIO
Venezuela

Holding.l
Venezuelan Petrol .1

Vertientes-Camag'y
Sugar common. .5
Vicana Sugar v t c_3
Va-Car Chemical-.*

6% part pref..100
Va Iron C & O

14%

16

5 % preferred.
Vick Chemical

1%

100

34"
2%
55c

1%
%

2%
16%

5

"6"
30

4%

35%
3%
1%
%

1%

3*'
17%
2%

oV*
33

*

37%

2

Preferred
Victor Brewing

1

50c

55c"

Victor Chemical

5

11%
5%

3%

it*

51*
18*

60

71%

8

12

1%
5%
50%
40%
2%

%
3%

1%

4i8
1%
3%

115

120

"2%

4

4%

5%

6

1%

1
54

57
164

4%
30

Preferred
50
WJR The Goodwill
Station

5

19%
2%
3%

Wood (Alan) Steel

7% preferred-.100

Woodley

Indust

2

k Last sale,




n

Nominal,

r

Canadia,.. price,

*

Wagner Baking.

1

Wanl Co

*

118%
1%

i*

125

2%
8%
1%

Newspaper
Machinery pref

1
__

Am dep rects ord.
Worcester Salt..100

Preferred

15*
73

& Mach......*

7% pref A
100
6% pref B
100
4%% conv prior

6%
15%
78%

preferred ...100

4%%

Waltham Watch cl B
7% prior pref. 100

7
85

10
90

6% preferred.. 100
Walworth Co

45

series
preferred

31

50

6 % preferred.

*

.

.

jlu

4%
7%'

18

5

7%

Ward Baking Corp—
Com class A
Com class B...

*

Warner Bros. Pict..5
$3.85 conv pf
»
Warner Co com...*

Preferred

7

*

Warner-Quinlan Co*
Warren Bros
*
$1 1st preferred.*
$3 conv pref
*
Warren Fdy & Pipe *
Warren (Northam)
$3 conv pref
*
Warren (S D) Co..*

Waukesha Motor..5

21%
3%
24%
3%
8

8

23*
25*

100

22%
10%

25

55%

65*
10c
22

JX

7% preferred.. 100
York Ice Mach

71%

*

6

100

45

Young (J 8) Co. 100

80

7 % Preferred

10

1%

"6%

.

Preferred

.

100

Youd^LA) Springy

123
9

Youngstown Steel" "
Door

17

Car

45

common

*

11

Steel

common

5

2%

Youngstown Sheet &
Tube

12%
„

Ex-dividend.

25

1%

Youngstown
42

25

28%

Coach Mfgcl B..1

4%

3%

it*

11%
42%

Yates-Amer Mach .5
Yellow
Truck
&

%

"1%

15
47
98

prior

Wright Aeronaut'l.*
Wrigley (Wm) Jr..*
Wrought Iron..
*
Wurlitzer (R) comlO
Preferred
100
Wyoga Gas & Oil. %
Yale & Towne

2

7% preferred..100

100

3

10%
36%

Worthington Pump

J*

30%
16%

x

2%

Wood

7

*

_

5%

1%

Waitt&Bond Inc A *

t New stock,

35"

Petrol...l

*

5%% pref..100

Radio
*
Zonite Products.... 1

No par value,

1%
3%

Wolverine
Portland
Cement com...10
Wolverine Tube
2

Zenith

*

7*
120

Wither bee Sherman

Woodall

23

Hosiery 100
C'mpton 1

Winters &

Woolworth Ltd—

7% preferred. .100

52

162%
4%
19%

Winsted

*

39

Waco Aircraft

50%

48

"1%

6%

Wilson- Jones.

37

"%
1

32

45"

37

4%% pref w w 100
WalkerjH) Good'm
& Worts com. _*

2%

2*

3*

*

33

Iff

1%

*

*

Waldorf System...*
Walgreen Co com. *

50

*

DetinninglOO

*
Vulcan Corp com..*

Class B
5

1%
2%

1

Prior pref units.
Woodward Iron.. 10
Woolw'th (F W)_10

VogtMfg

Vulcan

4%

100

13

J*
64

40c

Willson Products.. 1
Wilsonlte Corp
1

5%

i*

*

Preferred

Viking

*

si*

(R C)_—*

$6 preferred
Wilson Line

1%

2

Pump..

Oil-O-Mat

15

6

5

5

15

96

100
_

Gas

Wil-Low Cafet

52*

if*

9

Wilson & Co

9

6

IX

9

60

fg

ip

70
42

Willcox & Gibbs..50
Wilcox
(H
F)
Oil

55*

Corp

18

75

6

*

common

ft*

*

Prior

Van Camp Milk
*
$4 preferred
Van Dorn Iron Wk3*
Van Nor Mach Tool5
Van Raalte Co
5

Steel

1
14

preferred..*

Wieboldt Stores

1%

3?*

Whitlock CoU

25

*

100

prior pf.*

$4 conv pref
*
White (88) Dental 20
White Rk Min Spgs-

14

16%

pref. 100
Valley Mould & Iron

Pulp Pap._*

Preferred

Stk trust

*

conv

*

White Motor
1
White Sew Mach .*

54

7% preferred..100

Va

Preferred

Vadsco Sales Corp—

7%

W

1

6%
%

A

W Va Coal & Coke.*

$5

11

102

6%

55

29

1%
16%
62%

4%

138

3%
27%

10

%

1?%

Foundry
..1
Weston El Instru..*

5% conv pref..30
Weyenberg Shoe
I
Wheel Steel Corp .*

Universal Winding
Preferred
100

Sugar.6

59

106%

Westland Oil
*
West Michigan Steel

Class

9

8% 1st pref—100

Stationery

7% 1st part pf_50

*8

71

Western Tablet &

Conv pref
...»
Willys-Overland... 1
6% conv pref. .10

*

moferred.100

54%
2%

*

100

11%

55

Preferred

"6%

1

Corp

8 % preferred- _ 100
Universal Pictures .1

Preferred

3%

65

a*
3*'
75*

9
25

Western Newspaper
Union common. _*

11%

45

Envelope

Steel

Univ Leaf Tob

1

*

Preferred
100
U 8 Distributing..
U S

Land

3%

Western Dairies

Williams

5

conv pref. 100

1

3%
1%
1%

2%

Wm

3

7%

58

39%
96%

iS*
105

13%
X
14%

70

50

_

55

60

10

Common

$3 preferred
*
Western Grocer. .20
Western Groc Ltd.*

39%

Universal-Cyclops

Preferred

Sharing new__25c
10% preferred
10
Un Shipyards B
1

45

*

$

1
Supply—

33

Profit

Common

6% prior pref. 100
Universal Corp vtc.l
Universal Cons OHIO

Preferred

dep rcts._£l

Preferred

IX
44%

pref

conv

60

United Molasses Ltd

-

I*

$4

West Air Exp
West Auto

28

Unit Paperboard. 10

27

90

*

5*
2%
22%
68*

8% preferred. .100
Vanadium Alloy

50

Amer

Preferred...
*
Wesson Oil & Snow¬
drift com.....5

Valvoline Oil comlOO

*

5

1%
2%

Mfg.1%

57

5

2%
%

18%

20%
18%
20%

United

41

Wellington Oil
1
Wells Fargo & Co_.l

10%

5

Mfrs_*
United Milk Prod
*
$2 preferred
*

Welch G'pe Juice2 %
Preferred
100

10

1%

4

1

10
55

4

26

$0 conv pref..

1
United Stove
United Wall Paper_2

Brower com

23

5

3%
8%

Common

60

Un Merch &

22

5%% prior pref.*
Valspar com
1
$4 conv pref
5

5

Fruit

J*

Wentworth

1

Conv preferred-.*
United Stores A
*

6%

17%

Dyewood.10
7% preferred. .100

United Drug

United

16%

39%

Common

Per

Wayne Knit Mllls.5
Wayne Pump
1
Webster Eisenlohr.*
$7 preferred
100
Weisbaum Bros

17 X

2%

Trust old stk__100

$3

5

3

80

Thermoid Co

41%
IX
7%
58%

21

33%
2%
26%
7%

pref..*

*

8

29%

Common

5

70

conv

1

Electric
Coal Cos com
Un Eng & Fdy

33

$3.60

40^

United

5%

Terry St'm Turbine*

Ctfs sub shares.. 1
Texon Oil & Land-.2
Thatcher Mfg
*

*

Warrants

13

4%
3%
2%

Texas Corporation 25
Texas Gulf Prod
*
Texas Gulf Sulph..*
Tex Pac Coal & Oil 10

Pacific

B

21
22

7% non-cum pf.25
United Stockyards-

Utica Knit Co

conv

Chemical
*
$3 part pref
*
United Cigar StoresCommon
1

8

Sweets' Steel Co
Swift & Co

pref. 100
United Carbon
*
United-Carr Fast.

*

Preferred

Utah Radio Prod-.*

14%

100

.*
*

1st preferred
U S Sugar Corp

IX

5

Biscuit

*

U 8 Stores com

2

4%

United

2

6

Superior Steel
100
Susquehanna Silk

7%

.100
7 % preferred—100

Utah-Idaho
Preferred

Lines

Preferred
United

7% preferred—50
U 8 Steel Corp.

Vanadium

Unit Amer Bosch._*

*

6%

20 X

Un Artist Theatre.*

123%
8%
2%

n-culstpf.100

S*

5

Transport
8%
46

8%

U 8 Sm Ref & MIn50

6%
IX

5

Air

6% preferred—50
U S Realty & Imp.*
U 8 Rubber
*

W*
26

United Aircraft
Un Aircraft &
United

*
50
1

Preferred

Universal Prod

Union Twist Drill

Transport warr'ts

8

Sundstrand Mach
Tool common

1

com

23
82

5%

20
18

19

7

25

Un St Yds Omaha 100
Union Tank Oar
*

8

3%

Mfg..

6

2

Bag & Paper
common
*

Union

7%

Studebaker Corp
1
Submarine Signal_25
Sullivan Macn'y
*

Texas

*
*

Underw Ell Fisher.*
Unexcelled Mfg__10
Union

5

3%

..*

Preferred

*

com

Series A pref.
Series B pref

95

75

Struthers Wells
Titusville com
*
1.25 preferred..*

x w

$1.50 preferred..*

Twin Coach com__l

62

„

Internatl._15

i?*

80c div conv pref *
20th Cent Fox Film
Common

92

Stromberg Carlson.*
6% preferred.. 100

w w

1

Union Carb & Carb *

6% preferred.. 100
7% preferred.. 100

Common
Common

A

Ulen & Co

21

6%
1 %
5%

10
Strawb'ge & Clothier

Swift

Chatillon--l

74

*'

6%

10

7% preferred-.100
Tung-Sol Lamp
1

27

5
17

Sylvania Industrial *
Symington Gould—

2%
4

Steel

70*

U 8 Print & Litho—

Vot tr ctfs

5

49%

Furn

Mills class A
Class B

4%

30""

29

7

24

Class

m

5

3

*

B

*

Trunz Pork Stores.*

1

Cement class A

2%

Williams

Truscon

♦

Superior Oil
Superior Portland

2%

14%

5%

U 8 Tobacco new..*

4%

Forging

Class

pref. .100

8%

"2%

7

(Hugo)CorpS

cum

8

_

31

4

1

Stokely Bros....
1
Oonv pref
25
Stone & Webster.-*

6%

20
6

15%

Truax-Traer Coal.

12

W*

20

35

Triplex Safe Glass.*
Trojan Oil & Gas
1

53

pref-20

U 8 Rubb Reel

~2~~

20

com

it*
3
25
15

23

46

20

*

50

Preferred
..25
Stewart-Warner
5

Oil

_

Screen._1

Transue &
Steel

2%

8%

100

Stroock & Co

15% Feb

Lux Daylight

Trans

8

51

Sterling Brewing
1
Sterling, Inc
1
Sterling Products. 10

Storkline

2

West Air Line

3%

Sterling Aluminum

Stinnes

100

Transamerica Corp 2
Transcontinental
&

28

130

57

common

Securities-.*

Trane Co

4

2%
55%

Stern Bros

67%
2%

11%

Preferred

$1.50 conv

Common

32%

*
*

Shipyards

Towne

Common v t c..l
Steel Co of Can...*
Preferred
25
Stein (A) & Co com *

Preferred A
Stetson (JB)

109

52%
2%

*

1

1

Bid

Stocks
Par

U 8 Postal Meter..1

8%

•»*».*,

5

18

com

8

Card.10

Plywood Corp

Common

31

Toledo

97

34%

pref

U S

7%

4*

17

%
3%

16

Products

10%

Tobacco Secur Ltd—

Todd

pref
*
Fdy. .20

U S Pipe &
U S Playing

80

W*
78

—

U 8 Lines

U S Radiator

*
*

Shipbuild
Torrington Co

32%

com

92

90

Tokhelm Oil

7

Stanley Works
25
Starrett (L S) Co
*
Starrett Corp—

1st preferred
5% 2d

Roll Bear.*

16%

...

6%% pref

8%

7%

104

95

5% preferred.. 100
Standard Plastics. .1
Standard Products. 1
Standard Screw..20

„

40

102

Stocks, Inc
Tob Prod Expts

34

15

Sterchi Bros

cum pr pf.100
Part conv& cl A.*

7

3%
8%

*

7% preferred.. 100

24%

28

Stand Oil

Preferred A
100
Stand Silica com
1
Stand Steel Spring. 5
Stand Tube cl B__

3

5}

Timken-Det Axle. 10
Timken

U 8 Leather com..*

33

com

13%

U 8 Ind Alochol—*

3

Ask

Per share

2

com.-l

Tilo Roofing

Par

9

r

31
7

*

Water Oil

Bid

Stocks

Ask

Tobacco & Allied

1

conv

Stand Oil

4%%(conv pref.*
Tide

Time Inc

Preferred
5
Stand Com Tob coml
Standard Dredging

corn.

Thompson-Starrett *
$3% preferred
*
Thompson (J R)..25
Thompson Prod
*
$5 conv prior pf_*

of the month preceding the date of issue

Per share

5

Thew Shovel

Tide W Assn Oil.. 10

100

%
12%
19%

Stand Gap & Seal.-l

Products

Par

Per share-

Stahl-Meyer corn..*
Preferred

Bid

Stocks

Ask

Bid
Par

STOCKS

MISCELLANEOUS

&

Quotations for all securities are as near as possible for the closing day

50

9%
3

8

Quotations for all securities

possible for the closing day of the month preceding the date of issue

are as near as

Thi custom in reporting prices for State and
municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore
furnishing the prices below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a
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
yields3%.
v;i ■' »■ 1 ;
7;
•■.
'<
'.
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
in

.

j

aaked orices.

Yield Basis

Yield Basis
To

or

Bonds

Bid

UNITED STATES—See
Treasury Bonds—
4Ms Oct 15 1947-1952. A&O
4s Dec 15 1944-1954.—J&D
3 Ms Mar 15 1946-1956 M&S
3 %b June 15 1940-1943 J&D

Ask

also pa ge

116.26

112

110.16

112.8
110.24

105.31

106.2

107.4

107.8

108.10
3Ms Aug 1 1941
F&A 107.13
3Ms Oct 15 1943-1945-A&O 107.26
3 Ms Apr 15 1944-1946-A&O 107.19
3 Ms June 15 1946-1949 J&D 106.9
3 Ms Dec 15 1949-1952 J&D 105.24
3s June 15 1946-1948--J&D 105.15
3s Sept 15 1951-1955.-M&S 104.5
2 Ms Mar 15 1955-1960 M&S
2 Ms Sept 15 1945-1947 M&S
2 Ms Mar 15 1948-1951 M&S

107.20

107.29
107.21
106.11
106.1
105.18

104.14

102.2
102.4
104.6
104.8
102.5
102.9
101.5
101.7
100.24 100.26
103.11 103.13
101.6
101.9

2 Ms June 15 1951-1954 J&D
2 Ms Sept 15 1956-1959 M&S
2 Ms Dec 15 1945
J&D
2 Ms Sept 15 1948
M&S

2Ms Dec 15 1949-1953 J&D
3s Panama Canal 1961-_Q-M
3s Conversions 1946...
Q-J
3s
Conversions
1947
Q-J
U

108.12

99.26

116
108

99.27
118

U0H

100
96

A&O

Hunstville 5s funding Mar 1'42
Pub Imp ref 5s 1938-1962—
Jefferson County—

98

Dec 15 1938

1939
1939
1939

1940
1940
1940
1941

101.25
101.6
101.15

6s Road 1951

J&J

Morgan Co. 5s 1938

J&J

)

102.15

97

102.4

101.29

101.15

101.17

_

2s Dec 1940
2s Apr 1 1943

1.00

to 3.35

4Mb Wh & Har '39-'52_J&J
4Mb Water 1939-1964
1

0.90

to

1.00

to

3 Ms g July 1, 1939-44 -J&J
San Francisco (City & County)
5s Water 1939-1969
J&J

1.00

to

0.40
2.95

to

107
to

3.50
3.50

106

110

o

106

100

27

28

School No. 1 5s 1945_.-J&J b 3 .75
b 4.25

3 50

4Mb 1939-1956-.—
J&J 6 3.75
4Mb Court Hse '38-'48.J&D 6 3.75
6s Jan 1 1946
J&J 6 3 75
5s Jan 1 1954 opt 1934--J&J 6 3.75
5s W W 1939-1950
J&J 6 3.75

3.50

Phoenix Un H S D 4Mb 1948 6 3.75
108
Prescott 5s 1948J&J
Tucson 5s Water 1950--/—J&J 6 3.50

CANADA—See

3.50
less 1

ARKANSAS

4M-4s
4M-4s

86 M

102.24

87 M
85 M

3s 1949 —i

94

93 M

Jan.

94 M

90 M
90

84 M
77 M

1

101

84
3s Attorney Gen opt 1944
85
3s Rose, Hemingway opt 1944
Hot Springs 4Mb '38-'50_M&S 6 4.50

101

Little Rock—
99

86
4-00 %

98 M
4s Water Rev 1939-76 .F&A
Little Rock S D 4s *39-'55 M&S 6 99

101
101

100 Me

4Ms 1958 opt 1938-M&N

102 M

100 h
102 h

St Francis Levee Dist—
4s 1944--.

4Mb Fund 1941-50.—M&N

4s 1958-1960

3Ms Sept 15 1940-53.M&S

2.00
2.00

1945
4MsNov 15 '38-'56_M&N 15
4 Ms Oct 1956 opt '46 A&O
4Ms Nov 15 1938-58.-M&N

1.50
1.50

0.50 to 2.50

in

2.10s July 20 1941-1945

1.90 to 2.25
1.50 to 2.20

1.70% refdg 1940-44.M&S 6
1.75% refdg 1940-44.M&S b 1.50
Philip Isls 4Ms 1952
J&J 102 M
4 Ms 1950
102 M
4Ms 1957
M&N
102 M
4Mb Oct 1959-----.
102 M
5s April 1955
100 M
-

—

6s Feb 1952

to 2.20

103 M
103 M
104
103 M
102

106

107 M

109

.

5Ms Aug 1941
Puerto Rico—

110M

4Ms July 1952
J&J
110M
4Ms funding 1963—-_J&J b 3.65
5s July 1948 opt '43
J&J
109
5s Jan 1 1950 opt '44--J&J b 3.25

gold 1953

5s July 1954 opt

117M
to 2.90

J&J

b

1943--

2Ms 1939-1946

J&J b

4Ms highways 1952
.-M&S
4Ms 1956 and 1959.
M&S
4s renewal July 1, 1956
4Mb 1942, 1946. 1949--M&S
4s pub highway 1949-51 .M&S
4s refunding 1941-54
J&J
3 Ms refunding 1955-65—J&J
State Bridge Corp 4s 1938-51
Bridge Auth. 4s, July 1, '
Annistonrefg 5M8 Dec 1 1939
-

-

2.40

2.50

2.40

2.00

to 2.25
to
to
to

128

120

to

123

to

Bloomfield 4 Ms

102

Branford (T) 4 Ms

0.40

to

Bridgeport 4Mb 1938-65—J&J
4Mb High Sch 1939-63-J&J

0.40

to

6 0.60

CONNECTICUT

to 3.00

6 0.40
6 0.65

to 2.40

to 2.30

6 0.40

131
128

to 2.60

J&.I2

1.25

to 2.00

J&J2

2.00

to 2.30

3Mb Jan 1 1940-1949—J-J&J

1.00

to

♦4s

.

1938-'52_ A&O
'38-'50 J&D

1939-1968-------F&A

3 Ms improvt 1938-41--J&J
*5s Construc'n 1938 49 J&D

to 3.05

6 0.65

Bristol 4Mb Water 1939.-J&J
*5s July 1, 1938-55——J&J

0.75

to

2.75
2.70
2.80
2.75

0.75
0.50

to

2.90

to 1.75

0.50

to 2.60

0.40

0.50

to

1939-45.-J&J

0.90

to

1946 taxable. J&J
♦4Mb 1938-65
J&D
3 Mb Fund 1941 tax'le_A&0

2.50

2.40

0.50
1.95

to 3.00

0.50

to 2.90

♦Cheshire

4Mb

Dan bury 4s

2.35

2.60
2.25

1.85

East Hartford

F&A 6 0.40

1939-1954-F&A

6 0.40

2Mb Feb 1 1939-54-—F&A 6 0.40
Alameda 4s 1938 to 1941-J&D 6 0.40
4Ms Mun Imp '39-'48-A&O 6 0.60

(Town)—„
4Mb Sch 193849
M&N
4Ms Sch 1950-59
M&N

to 2.55
to

2.60

to 2.55

to

2.75

to

3.00

6 0.50

to

2.90

0.30

to

2.10

0.90

to 3.00

East Hartford Fire District—-

to 1.25

♦5 Ms

2.40

Fairfield

101M

1938-1951

(County)—

M&N
T

_

to 2.60

Greenwich—

3.50

J&J 6 0.40

to 2.80

MOM
3.00

—

5s School 1939-1955
East Bay Mun Util Dist—
5s 1939-1974
J&J 6 0.40
98
East Contra Costa IrrigDist6s
Golden Gate Bridge & H'way3 Ms series C 1942-1971 -J&J 6 1.60

*4 Ms 1939-1942
__M&S
4Mb March 1. 1939-1951--.
4Mb June 1 38-60

to 3.20

Groton S D

3.40

3.25
2.70

3.15

3.00

2.25 to 3.15
3.00
3.15
102
94

92

Refunding 6s 1983
Refunding 5s 1983
Los Angeles (City)—
4s

J&J

WatWks 1956-76 M&N 6 3.00
Water wks 1952-75... 6 3.00

Water

1938-41.-A&O

Water 1938-70..-A&O
Sch 1939 -1944-—J&D
1939-1968
.J&J
4Mb 1939-1969
M&S
5s Municipal 1938-61 ..F&A
5 Ms Harb Imp *38-'61 M&N

to 2.20
to

0.90

to

1.00
2.50

M&S

0.90

to

2.75

to

2.90%

1939-1960

to

County—
Metropolitan District

3.30

to 3.10

Hartford

to 3.25

6 1.00

*4 Ms L„v

to 2.60

to 3.40

0.40

-

6 1.00

to 3.40

♦4Mb Northeast 1959-J&D
4Mb 2d North 1944
J&J
*3 Ms South Sept 1955.M&S
♦4Mb Wash't'n '41-'47_J&J
Killingly (Town)4 Ms'38-56J&J

6 1.25

to 3.25
to 3.40

to 2.25

3.00

2.80

Manchester—

6 0 75
6 1.00

80

82

3Ms Wat Rev '39-'48-.J&J

80

82

3 Ms Sch DiSfc 1939-61.-J&J 6 0.90
Electric Plant Revenue—
Ref 4s 1939 to 1975.J&D 6 1.25

to 3.40

♦4Mb

2.65

2.20
2.50

2.00

to 2.25

0.50

to

2.80

to

2.10

M&N

0.50

to

2.75

J&J

0.90

to

2.10

M&N 6 0.25

to

Manchester 9th School Dist—

4Mb 1938-1951
Meriden (City)—

3.20,

to!3.75

2.25

3s 194-3-49

6 Basis.,

2.35

6 0.50

M&N

to 3.00

38

_A&0 6 2.50

1938-1944

to

4Mb 1939-1943
Middlesex County—

3 Ms 1939-77--.. ..-J&D 6 1.25 to 3.70
3 Ms ser A 1939-77. -J&J 6 1.15 to 98 M
QQ
3 Ms ser B Jan 15 '77 J&J
97 M
3 Ms 1948-58
J&D 6 2.80 to 3.30
2s 1938-42
A&O 6 0.65 to 2.25

Tax-free In Connecticut... I Bid prices for long and short maturities.

1.75
0.35

Hartford

to 1.75

Bessemer 6s pub impt '38.J&J
5s funding Dec 1 1947.

3.80

194045----J&D

1938-39.
Sch '39-'55-—J&J

6 0.50

%

♦4Mb

6 1.00

103

^o

2.75
to 2.90

*4s Water June 1,

♦4s Water

6 0.65
6 0.65

103 M

2.25 to 3.75
J2.50 to 3.50
2.00 to 3.25
3.25 to 3.75

1.75

0.30

Hartford—
to 3.30

56 M
54 M
6 1.50

1940-1962

2Mb
3Ms
3 Mb
4Mb
4Mb
4MB

0.30

0.50

♦4s High

101




to 2.30

6 2.50

123

112M

2.90

2,75

6 2.00

117

1Mb 1938 to 1950---—J&D
Glastonbury *4Ms '39-58-J&J

3.15
3.50
1.00 to 3.80
3.05
3.15
3.05
3.20

3d

to 2.40

110

100

Imperial Irrigation District—

2.00

2.20

to 2.00

6 2.30

101

102

4Mb 1938-1960
A&O
5s sewers Sept 20 '41-.M&S
Florence refunding 1% to 4%.

to

6 1.50

103

5s schools 1938 1947—J&J

Birmingham—
3 Mb impt ref 1939-50--J&J
3 Ms Imp ref 1942-1958 A&O
4s 1938-1941
A&O
4s 1942-1961
A&O

to

6 0.60

116

to 2.75

3.30
3.50
112 M
111 M
0.75 to 2.75

100

6 0.60

J&J

1964-1973-

5s 1974-1983

CALIFORNIA

4Mb Univ Bldg Jan5'39-65J&J
Highway 1938-48-J&J30
4Mb 1939-1947
F&A
4Mb Olympiad 1938-71—J&J2
4 Ms 1939-1952
.F&A
4s Harb Imp 1985 opt '50.J&J

2Mb Feb 1

1.80
2.60
2.40

J&J
J&J
J&J

1944-1963
1947-1956

5 Ms
5 Ms

Alta Irrig Dist 5s
Bakersfield 5s 1938-52--A&O 6 0.40
Berkeley 5s 1942-1951
J&J 6 1.50

ALABAMA
3 Mb renewal class C 1956. J&J
4 Ms harbor impt June 1*38-'73

-

4 Ms

Veterans Welfare—
3s Feb 1939-1952

1955-A&0

1.50

101
97

-

5s Jan 2 1941-1943
4s Jan 2 1944-1948

to 2.60

100

108

—

5 Ms 1955-1965.
5s 1959 opt 1939

6 0.60

5 Mb

101

101

to 2.80

6 2.70

Retire
1963-1972 opt 1955-A&O
2Mb Sewer Disp *47-'56A&0
Moffat Tun Imp D

87

102 M
110

to 2.75

to 1.10

3s 1963-1972 opt
3 Ms Mun Water

78

100 M

4 Ms Jan

%

%

93.

4Mb Ref Wat 1938-67.J&D
4Mb Water 1962-1965.J&D
SDNol 4Mb 1939-53.J&J
S D No 1 4Mb 1938-47-J&D
48 July 1941-1945
J&J
3.65% March 1, 1950-54-.
2 Ms Sew dist 1947-56-A&O

95

89 M
89

page

99
2Mb warrants 1952-'54—J&D
Colorado Spgs 4s Mar 11941 ._ 5 1.60
4Mb 1938-1939
J&J 6 0.60
Denver (City and County)—
4Mb Water 1944
J&J 6 2.00

110

104.2

Hawaii Terr 4 Ms '49.M&S 15

%
%
%
%
%

/ 25

2Mb State H'way '39-*54_J&D b 1.00
38 warrants 1939-1951—J&D b 1.00

3.50

101.9

0.75 to 2.75
1.75 to 2.65

3.30 %

to 3.05
to

COLORADO

3.50

103.20

15 1939-56--J&J 16

060

3 50
3.50

102 M
109 M

5s Jan

%
%
%
3.10 %
3.30 %
2.40 %

4.15

102.14
101.6

TERRITORIES & U S PO SESSI ONS
Honolulu (City & County)—
5s Pub impt 1956--J&D 15
3.00
2.75

to 3.20

F&A

6s

3.5J

6 3.75

3MsMay l'55opt*45M&N
4s July 1 '46
opt '44--J&J
4s 1958 opt 1938
M&N

*

4Mb gold Aug 1943
West Side Irrig Dist

88

100 M

2.90 %
to 1.90 %
to 2.15
%

Turlock Irrig Dist 6s

86 M

100 %

to

2.70
0.60 to 3.30
4Mb Water 1939-1977-.J&J
4s Wat Distrib 1938-53 J&D
0.40 to 2.75
4s W.t Distrib '38-'63 J&D b 0.40 to 3.10
2s 1940-1949
J&J 6 1.00 to 2.25
San Joaquin Co 5s '39 '49-J&J b 0.75 to 2.50
Santa Barbara 5s '39-41-JanlO b 0.60 to 1-40

103

4 M -4s

3s July 1 '65 opt '45. J& J
3s Jan 1 '56 opt '46-J&J
3s May 1'56 opt '46.M&N

4s

4Mb Water '57 '58. '59-J&J
4mb 1939-1951
J&J

3.25 %
3.60 %

103.18

Bonds

%
%

to 3.35

5-4 s 1961-1967
5-4s 1968-1977

Loan

to 2.90

2.25

104.17

104.14
103.16

%
%

%

2.40 %
1.60 %

0.90

100.14

100.10

Federal Farm Mtge Corp—
3 M % int & prin guar '44-'64
3% int & prin guar 1944-'493% int & prin guar 1942-'472 M % int & prin guar '42-'47
1M % int & prin guar 1939—
Instrumentalities of U S Govt
Federal Land Bank—Farm

to

5s School 1939-1966-—F&A

97

101.28

to

to 2.90

San Diego 5s W W '43-*54A&0
5s Water 1939-63
J&J

5-4s 1943-1948
5-4s 1949-1953
5-4s 1954-1960

101.24

1

1.90 %

to 1.75

3.75
3.90

99

Highway 6s Jan 15 serially.
Phoenix 4Mb '50 opt '30-J&J

to

I00M

98

Maricopa County—

1M% Dec 15 1941
101.3
101.5
102.19 102.21
1M% Mar 151942
2% Sept 15 1942
103.23 103.25
102.25 102.27
1M% Dec 15 1942
Borne Owners' Loan Corp—
3% prin & int guar *44-'52 103.22 103.24
2M % prin & int guar "39-'49 101.16 101.22
2 M % prin & int guar *42-'44 101.15 101.17
2% prin & int guar 1938--- 100.19 100.23
1M % prin & int guar 1939.. 101.2
101.5
Federal Home Loan Banks—
1M % cons dob Apr 1 1938.. 100.0
100.2
1 Ms July 1938..—
100.7
100.9

3.00

less

to 1.90

M&S b 0.60
4s 1939-42
J&J b 0 50
Redlands 5s 1939-51—J&J15 b 1.00
Riverside 5s 1939-53
J&D b 0 90

102

Tuscumbi^refdndm^ l%to4%

3.20

to

97

103

101.29

to 3.30
to

Riverside Co 5s '39-'54—M&N b 0.90
Sacramento 4s Jan '39-'45_b 0.40
Sacram'to Co 4Mb '38-'46 J&D b 0.40

101

101.29

to 2.60

to 3.00

Pasadena

94

4.10
100
105

4s

to 3.40

F&A b 0.65

1939-1965

Orange Co 5s 1939-45

101

100

4$

to 3.45

Oakland S D 4s 1939-44--J&J b 0.40

111

J&J b 2.00

Tuscaloosa (City)—
5M8 serial

b 1.00

Modesto Irrig Dist 6s
b 3.90
Oakland 5Ms 1939-1943-F&A b 0.65
4Mb Mun Imp '39-'43.F&A b 0.65

105

5s Road 1952
F&A
Selma (Citv) 5s-6s 1938-55— b 3.80

2MB 1939-1952

J&D b 2.70
b 1.00

Ang Co 4 Ms *39-'49—F&A

4Mb

103
4Ms June 1 1938-1948
95
5s School May 1 1945
4Mb R & B 1938
J&D 100
4Mb 1939-1958J&D 105 to
91
Gen fund 4Mb 1941-66 J&D
Montgomery—
96
5s funding 1939-1966-J&J
95
4Mb Sanitary Sewer Jan 1'44
Montgomery Co 4Mb 1957-59 ) 3.90

101.21

101.21

101.27
101.27
101.27

1M% June 15 1941

Los

Mobile Co—

5s W W 1939-1957
104
J&J
6s ref pub impt '38 '53 M&N U01 t
Tuscaloosa Co 6s Bridge 1941 » 3.50
5s Road 1957
M&S i 3.90

101.4
101.13
102.13
101.19
101.19
102.2

1939

1946-1961
3 Ms Jan 1 1939-1960

4Mb Ot House 1938-43 M&N b 2.25 to 3.30%
4 Ms Ref 1938-1961—A&O b 2.00 to 3.80 %
Mobile City—
62
64
Refunding 2-5s Jan. 1 1966.
102
4Mb Water & Sew *39-J&J 101M

Ask

Bid

Los Angeles City High Sch Dis
5 Ms Nov 1938-60
M&N b 0.75
5s 1938-1964
F&A b 0.40
4s 1939-1945
J&D b 1.00

Tuscaloosa—
101.19

Bonds

4s

101.17
101.23

Treasury Notes
2M% June 15 1938.
2M% Sept 15 1938-

or

Net

106
102
98
100

108 M

S

1M% Mar 15
2M% June 15
IH% Sept 15
1M% Dec 15
1M% Mar 15
1M % June 15
1M% Dec 15
1M % Mar 15

1938-40

Ask

104

Gadsden 6% Impt long mat—
5s schools

116.18

3 Ms Mar 15 1941-1943 M&S
3 Ms June 15 1943-1947 J&D

.

19.

Yield Basis
To

or

Bid

Bonds

Net

to

1Mb Bdge 1938-55
New Britain

n

to 2.60

♦4Mb School 1938-'52.F&A 6 0.50

par

f Flat prices

1.50

(Co)

4s Munic Bldg 1948—J&J 6 2.50
4s 1938-1952
F&A 6 0.50

to

Nominal.

2.40

2.60.7o

93

STATE
Quotations for all securities are

AND

BONDS

MUNICIPAL

day of the month preceding the date of issue

as near as possible for the closing

Yield Basis

Bonds

or

Bid -

Ask

_

♦4Mb

1938-1964
M&S15 b 0.50
4Mb Refunding 1939.A&0
♦Plalnfield (T)4 Ms *38-'57A&0 b 0.50
Putnam (T) 4Mb ,38-,46-A&0 b 0.50
•Ridgefleld (T) 4Mb Jan 1 *43
Stamford (O) 4s 19'
)42 __M&N
Stamford (T) 4Mb '39-'45 J&J b 0.75

Mb Sch 1938-]
•4Mb Sch 1938-1965—M&N

b 0.50
Sch 1939-59 J&D b 1.00
Sc

4Mb High
is
orrin
Torrington
♦5 Mb Fund 1939-'41
J&J b 1.00
4Ms July 1 1939
J&J
Wallingfora (Town) 4Mb
1943. 1948. 1953
J&J
2.20
4s 1938-46
J&D
0.75
.

J&D b 2.30
J&D b 2.40

•3s 1938-1942

J&D 6 0.40
6 0.75
6 0.40
6 2 30

4s Water 1939-1965
J&J
4Mb July 15 1938-66—J&J
4Mb 1946-1953
J&J
♦4Ms Water 1938-64
J&J
5s Water 1938-1951—M&N
5s Water 1952-1971.M&N15
West Hartf'd 4Mb 1943—J&D
4"Ms Mar 15 1939-48.M&S
W HavUSD *4
Ms'38-'56 M&N
Westport 4Ms July 1 1938-60
Weston (T) 4Mb'38-'45.M&N

Akershus (Dept of)
5s 1963——

22
22 M

s
s

Extl

s

f 7s

Extl

s

Extl

s

Extl

s

f 7s 1957 1st ser-A&O
f 7s 1957 2d ser_A&0
f 7s 1957 3d ser.A&O

f 7s

f 7s

ser
ser

J&J
1945—J&J

O 1945
D

to

_

2.75

2.50'
to 3.00'
to 2.90'

to

Extl 4Mb 1956
Austrian Govt 7s 1957
Baden extl s f 7s 1951

to 1.90

M&N
J&J
J&J

i

to 2.75 <
to 2.75*
to 1.80

2.80

to

to 2.75

6 2.70

to

2.80

3.00

6 0 50
6 0.50

to

7s Oct 1947
Bolivia
Ext
Extl 7s 1958_

jRep)

2~50

to

2.90«

3.00*

0.90

to

1.90I*

1.80

to

A&O

2.70*

/ 22

9H
10M
10M

to

2.15

to 2.35 %

2.00

to

2.25 %

0.50
Sussex Co 5s 1939-1970-. ..J&J
0.60
4Mb 1938-1953
.A&O 6 0.55

to

1.85%
%

to

to 2.65

to 2.45 %

2.70

4Mb 1938-1958 (s-a). .A&O 6 0.25
5s 1947-1949
.A&O
1.90
4s 1938-1941
-A&O 6 0.25
4s 1942-1948
.A&O
1.00

1.80%
2.15 %

2.30 %

County School Tax
Districts No. 4 6s 1938-55—
Columbia Co Road 6s 1955..

48

53

108
112
Coral Gables—
New refunding 2 M-5s__1977
45
47
Dade Co 5s Oct 1947-54.A&0
102 M
104 H
Ref 3 Ms 1940-1947
.M&S 6 97M to 94 M
Dade County (School No 2)—
.

Refunding 4s 1938-67.M&S
Duval Co Road 5s 1955--A&O
Duval Co School District
No. 1 5s 1938-1955... A&O
Escambia Co 6s Aug 15 1951.
Gainesville 5Ms July 1938-406Ms July 1941-1975
Hillsborough Co 5s Oct ! 1943
Hillsborough Sch Dist No 4_.
Jacksonville—
5s Jan 15 1939-45. .J&J 15
5Ms Jan 15 1940-45. J&J 15
Refunding 2.60s Jan 1 1957
Lakeland 6s.

94

113

9

20

6 4.00

100

3.50 %
110

6 2.75

to 3.50

6 3.75
100

to

100

%
4.25 %

103

102

6 2.50

to 2.80

6 3.50

to 4.00

6 3.00

to 2.80

69

/ 67

„

107
to 3.50
to 4.25
105

100

89

91

Miami Beach—

5Ms
5Ms

1938-1939
M&N
1940-1950
M&N
Ref 4Mb non-opt 1947-56-

3.50

2.75

4.40
4.10

4.10

80

83

3.90

95

F&A

107M

Refunding 4s 1939-62.F&A
Orange County 5s 1944--J&J
1952-1953

;

5 Ms 1945 1950
„

J&J
M&S

6s 1940-1950

Palm Beach

(City of) 5s

99
4.40

101
4.20

Scrip
Readjust 4M-4Ms '77.M&S
Ref s f 4M-4Ms '76—-F&A
Extl re-adj4M-4Ms '76A&0
Ext re-adi 4M-4Ms'75M&N

7 Ms 1946

Ser A int

f 6s

55

103

3-5s Oct 1 1972
55
Suwanee Co Road 5Ms 19466 4.75
Tampa—
5s June 1955 opt *25
98
J&J
5s W W Purch '38-72.F&A 6 4.40
4Mb Impt 1937
J&J
100
West Palm Beach—
47

57
4.25

4.00

102
49

30M
29 %
32M
28

27

12
14

16

13

15

16
16

15M
15M
15M
15M
M&S]/ 15M
M&N " 15M

s

s

f 6s 1962..
f 6s 1963

16

16
16
16

13

S f gu 6s 1961

6s

1962

6% notes 1931
6s stamped 1931
Chinese Government—

15

14

J&D
11

18

23
28

Hukuang Rys 5s£._J&D 15
2M-5s 1954
Cologne Germ'y 6Ms'50.M&S
Colombia Rep 6s 1961.-J&J

28

A&O

lOM
10M

.

ilH

f 7s 1957

22 M

92

F&A

7s stamped 1957..
7s stamped 1937

6s

1946

Tax free in Connecticut,




t Called Sept. 1 atjpar.

a

Called May 1 at par.

20

32
80

75
26

A&O

1st series 1957

25"M

F&a /

2d

23

20

6Ms 2nd series 1949—_f&A f
2r$H
Havana—1st 6s 1939
93
Q-J
6s

""22M

94

q-j

Heidelberg (Germ) 7Ms'50J&

/

....

Hellenic
Republic (Greek)
Sec Wat Wks ext 8s
1952... /

"17M

58
104 M

See Munich Bank
Hungarian Cons Munic Loan
8
7 Ms 1945
J&J
Extl s f 7s Sept 1940—J&J
Hungarian Land Mtg Instit'n

Mtg 7Ms 1961
S f
7 Ms 61 ser

ser A..m&N
B ($ bds)m&N

105

16

15M
18

ff

::::

Hungary (King) 7Ms '44.F&A / 34
Ext at 4M% to 1979—F&a
34M
Irish Free State 5s 1960.M&n
Italy (Kingd) extl 7s '51.J&d
Prestito Redimibile
3Ms..
Ital Cred Consortium for
Pub wks ext 7s B'47 m&S

18

37 M
36

115

liH

"76M
30

75°6H

76 M
57 M

74

75M

57

Pub Util Credit s f 7s'52J&J
Japanese Government—
Sf 6 Ms 1954
f&A
Extl s f
5jMs 1965
m&N
Oriental Dev Co 6s'53.m&S

58 M
57

56M

Orient Dev Co 5Ms'58M&N

54 M

Jugoslavia—See Mtge Bank of
/

24

82

50'
b Basis,

9M

25

12
74 M

uuueueJ K

96 M
94 M

....

/
iv-ity;

ts luio.m*

Maranhao (State) Brazil—
Ext s f 7s 1958
Mo,.,

Medellin (Munic) (Colombia)
7s extl Dec 1 1951
6Ms 1954
Mendoza (Prov) Argentina—

55
Stamped

♦

29M
22 M

Germany—

24

48M

ff

31

35

Sink fd 7s(of 1926) '46 M&N / 22
Sink fd 7s (of 1927) *47 F&A / 22
95
Copenhagen 5s June 1 *52 J&D
Extl g 4Mb 1953——M&N
Cordoba (City)—

70

A&O

Mtge Bk—

20-yr sf 6Ms 1947

s

Gold

,

A&O

29 M

Hanover (City) Germany 7s'39 /
Hanover (Prov)

23

1946

Extl

32

30

6s Oct 1961
4s

15M
13M
15M

UH

J&D31
A&O
M&N

15

12M
12M
12M

J&D31

27

32

Hessen.

A&O

1960

1953-

Helsingfors (City) Finland—
Extl s f 6Ms 1960
a&O

13

f 6s Feb 1961...F&A
Extlsf 6s Sept. 1961..M&S
Extl Ry ref 6s 1961
J&J

s

Colombia

100

8M

40

4.60

103

4

6s

Chilean Cons Municipal LoanExtl s f 7s 1960 ser A__M&S
Chili (Rep) ext 7s 1942.M&N

s

6s

11X
13 H

Ireland—See British

20
6s part paid 1968.._F&A
18
Guatemala 8s 1948
m&N / 28
Haiti (Rep) 6s extl 1952.A&0
75M

7M

29M
1938.A&015
Central Bank of Germany—
6s A 1952-.
.F&A / 25
6s series B 1951
A&O / 25

Extl
Extl

#

Hamburg (State of) Germany

2

ctfs

27 M
27
25

6M

_

29

18

8X

s f 7s 1964—M&n
/
7s part paid 1964
M&n
6s 1968—F&A /

6M
6M

A&O

24

32
35

17 M

Sink fund

"5M

26 M

6M

Gt Brit &

43 M

Extl sec 7s 1948
J&D
Ceara (Brazil) 8s 1947-—J&D
Cent Agricul Bank
(Germany)
Farm loan 7s 1950.-M&S 15
Farm loan 6s I960—-J&J15
Farm loan 6s I960—A&015

3.25
104

Petersburg—
Refunding—

Refunding 2-5s__,

4M

21

/

June 1 '35 to June 1 *37—
13
German Prov & Comm Bko
(Con Agr Loan)6Ms'58 J&D J 25
UO «J OtJL» /
Graz(Mun)Austria &'54M&n / 26

32
33

it*

(Colombians f 7s *47-M&N

20M

coups Dec 1934" stpd /
Apr.l5'35toApr.l5'38— /
Young coupons Dec 1'34 stp /

Greek Govt

Callao (Peru) 7Ms 1944—J&J
Carlsbad (City) s f 8s '54.J&J
Oauca Val (Dept of) Colombia

Extl

3.75

57
63

31H
32 M

Caldas—Extsf 7Ms 1946. J&J

Extl

69

62

41M

Sec s f 7s 1967
J&J
Stabil loan 7 Ms 1968.M&N

4.50

to

54M

55 M

8?*
95

/ 22

w

Bulgaria (Kingdom)

4.35

106
90

Jan-June 1938-_
Scrip
Dawes

73
45

58

108

102 M

90

f
Stpd(Canadian holdef)"'65'/
German Extl 7s '49 stampA&O / 31M
7s unstamped 1949
/
Default coups July-Dec'33. / 58
Jan to June 1934
/ 40
July to Dec 1934/ 39
Jan to June 1935/ 37 M
July to Dec 1935
./ 36
Jan to June 1936
/ 34M
July to Dec. 1936
/ 33
Jan to June 1937
/ 25 M
July to Dec. 1937...
/ 25

75
75

f 4s S bonds 1984.J&J

23
20 M

20 M
20 M

Sfcnri/TinnoHtor*

*

53 M
54 M

101

90 M

31M

...

88

40

4.60

3.80

109

"18

60

104 M
96
100

——

/
Int ctfs of dep
July 1 1938.. /
German Cons Munic 7s*47F&A/
Cons munic 6s 1947--J&D/

71

/ 35

4.50
4.75

97

110M
101M

60
35

7% assonted

Pensacola 4Msref 1941..J&J
101
5s 1958-...
J&J
103
Pinellas Co ref
88
highway
Polk County 5s
July 1 1938-40 6 3.00
St Augustine 6-4s stam'd
65
1955
5Ms & 6s imp 1937
51
F&A
St Johns Co Road 5s 1946—_
100
Road 5Ms 1944
M&S
100
St

%

_

70

78 stamped 1952
7 Ms stamped 1947

Cali
__

.

15
14 M

7s plain 1949.

Govt Internal—
5Ms loan of 1965
J&D /
5Ms unstamped 1965
/ 22

98

109M
99 M

5

106"

German

96M

M&S

Buenos Aires (Prov)6s'61 M&S
6s stamped 1961

s

.

17 M

War Loan 3 Ms of 1932
Victory 4s due 1975—

Smyrna—

Ref 3-4M-6s Jan 1 1964—
Orlando—

5s

—

_

17

s

M&N/

Funding 3s 1946

27

f 6s 1950
J&D
British 4s 1990 opt '60—_M&N

Extl

Water & Light 5Ms 1940-50 103
Leon County 5s
July 1 1938-40 6 2.75
5s July 1 1941-55.
6 3.50
Marion Co Road 6s Feb 1 '52.
101
Road bonds 5s
98
July 11952—
Miami—
Refunding 5s Jan 1 1964—

—

„

21
**

f
A&O /

7s ext of 1949
stamped-J&D

9

18

105 M
99 H

7Ms ext 1941 stamped J&D
7 Ms plain 1941
erman Conversion Offer—

9

28

Q^i

1939

7s 1938-1945
Extl sf 6Ms 1953
French Government—

11M

6

4

68

"20"

Frankfurt-on-Main (Germ)—

11M

9

6 Ms stamped 1961

—

Internal 4s

3M
3M

6

—

96

110

«*<■»

—

3 Vs

6

f 5s of 1957

65
62

50

Ecuador Int 6s 1929
Estonia (Rep of) 7s, 1967 J&J
Finland (Repub) 6s '45-M&S

25

6

Hungarian Bk 7 Ms 1962.
Bud' pest (City) 6s J'n'3ocoup'62

Brevard

New

JM
25

4s of 1900

s

65

51

\

21H
21

4Mb of 1888

30-yr

51

50
5Msof *26 ext 2d ser 1969
Dortmund Munic 6s 1948—_
21M
Dresden (Ger) ext 7s '45 M&N
Duesseldorf 7s to 1945
20
Duisburg 7s to 1945
/ 20
El Salvador
(Rep)—8sA'48 J&J
Certificates of deposit
23 M

101

4s of 1910
4s of 1889

Brit

FLORIDA

64

Administrations—

_

112

10

5 f 5s 1958

to

65

10

20-year

to

64

60

10

to 2.20

%
%
1.25 %
2.00 %

64

60

5 Ms of '22 ext 1961
2d series 1961
5 Ms of '26 ext 1st ser 1969

103M

7

to 2.00

101M
98 M

60

Customs

104

7

Funding 5s 1931-1951
Funding scrip

102

iri

17
22 M
17 M

7

Bremen (State) 7s 1935—M&S
6s1940
Brisbane (City) Australia-

99M
40

60

24

5s of 1895_
5s of 1913
4 Ms of 1883

0.50
1.85

80
100

98

24

12M

Extlsf6Ms (1927) *57.A&O

78

2d Series 1942
5 Ms Cust Adm 1940--A&O
2nd ser 5Ms 1940—-A&O

7

A&O
Brazil 8% ex 1941
J&D
7s Cent Ry elec 1952—J&D
Extlsf 6Ms (1926) "57-A&0

68M

99 M

Mtge

Bank of

23 M

2M
2M
2M

J&J
M&S

17

Dominican Rep 5 Ms '42.M&S

i8*
8*

'

8s *47 M&N

Extl sf 7s 1969
6s 1940

to 2.25«

J&J

J&D

—

to 2.60

6 0.40

f 7s 1955

s

73

B..A&0

ser

Ext'l
5Ms 1955
F&A
Trust rets 4Ms 1962 A&O 15
Denmark Mtge Bk—See

■

110M
Bergen, NorEx.sf 5s '60M&S t99»»2
Berlin 6 Ms 1950
A&O
6s June 15 1958
J&D /
Bogota (City) extl 8s '45.A&0 t
J*
Extl s f 6 Ms 1947——A&O A
9
Bogota (Mtge Bk) 7s May '47 / 22
Extl

to 2.90

6 0.50

HO M

v

/ 22
A&O / 22

13
Barrauquilla 8s 1935-40-46-48
Bavaria (Ger'y) 6Ms '45-F&A / 20 M
Bavarian Palatinate 7s 1945-_ f 15M
Belg Govt extl 6 Ms 1949 M&S 102 M
102 %
External s f 6s 1955
J&J

to 2.75 «

to

31

Bank of Colombia 7s '47-A&O

7s 1948-

to 2.40

80

102
101
98

f 8s 1952

Danzig Port & Wat Ways Bd
Extl s f 6 Ms 1952
J&J
Denmark ext 6s 1942
J&J

80 M

S f extl loan 4s Apr '72. A&O
2% Treasury notes 1948—

s

Cons Municipal Loan
5Ms
1955
-M&N
5s
1953
F&A

80 M

Australia (Commonwealth)—
Extl 5s July 15 1955.J&J15
Extl 5s 1957
M&S

Ext

Danish

91M

s f conv 4 Ms '71-M&N
S f extl loan 4s Feb '72.F&A

to 2.25

to

Wilmington—
4 MsBldg—Con *53-*62 M&S

164"

17
19

JL \JU

Argentine Repub—

0.40

2Ms April 1 1958-1966.
Kent Co 4Mb 1945-1950 -M&S
New Castle Co—
6Ms 1938-1944
..J&J

18M

Antwerp (City) extl 5s '58 J&D

0.50

DELAWARE
2Mb April 1 1939-19472Ms April 1 1948-1957.

_

22

24

Extl

83 M

(Republic)—

sf 7s 1951

Extl s f 5 Ms '53
J&J 15 -102 %
5Ms Pub Wks June 30'45J&D f 68'
Serial 5Ms 1937
—J&J /100
Cundinamarca Dep (Colombia)
Extl s f 6 Ms 1959
M&N /
5
Czechoslovak Republic—
Ext s f 8s 1951 ser A..A&0
73

100M

3
3
5

8s1946

sec

Ask

/ 17 M
Funding 5s 1951
M&N / 15
Costa Rica Pac Ry 7
Ms 1949 / 17
5s 1949
/ 16
Cuban 5s 1944 opt 1911—M&S 101 %
Extl g 4 Ms '49 opt
F&A 101M
Extl O vw 1949
g 5s XOXi7w«>n«.alaiMM<li IXiXX
F&A
103 M
3Z
/o

6M
6M
6M

B 1945--J&J

ser

Rica

Ext

23
23
23 M
24

J&J

Extl

J&J

Wind am (Township)—
4s 1939-1942
4s 1942-1952

22

"

Extl

81

_

M&N alOOM
20
M&S

Antioquia Col (Dept of)Extl s f 7s ser A 1945

Bid

Costa

22

Norway-

Anhalt 7s to 1946

to 2.75'

Water bury—

♦2Mb 1950-1962
♦2Mb 1950-1962

Bonds
Cordoba (Prov) Argentina—
Extl s f 7s 1942
...J&J

6s (Feb '35 coupon on) .1947
6s (Apr '35 coupon on,.1948
7s
(Apr '35 coupon on)-1946
7s (Jan '35 coupon on)-1947

2.90

to

Ask

FOREIGN GOVERNMENTS
AND CITIES
Agricul Mtge Bk (Colombia)

4Ms Water Aug 1941--F&A
4Mb 1938-1909.
F&A b 0.60 to 3.00 <
♦4Ms Sch Aug '38-'43_F&A b 0.50 to 1.90(
♦4s Park 1938-1943—F&A
0.50 to 1.90'
New Haven—
*4b Apr 2, '40 tax-expt A&O b 1.90
1.75'
♦4Mb 1943-1952
b 2.10 to 2.75 1
•5s
1938-1951
J&J
0.40 to 2.80
New London
4Mb Park July 1942.-J&J
4Mb Water ref I960-—F&A
Nor walk (O) 4s 1954-1964—
♦4Mb Sch March 1939-1953. 6 0.50 to 2.75'
•4Mb Improv't '38-'39--J& J b 0.50 to 1.001
3Ms 1938-71
A&O b 0.50 to 3.00'
354s 8ewer 1947-70- J&D15 b 2.25 to 3.00
5s 1938-1971
A&O b 0.75 to 3.40'
Norwalk (T) 4 Ms 1942--J&D

4Mb Sewer 1940-68
M&S b 1.60
Norwich 4 Ms water 1939.M&S

Bid

Bonds

New Britlan Continued—

f Flat, nrice.

k Last sale,

f 10

,f.6H

17
9

7

^

"
n

f~22~~

67
Nominal.

"70"

April, 1938]

AND

STATE

Quotations for all securities

are as near as

MUNICIPAL

Yield Basis

Bid

Ask

Foreign Govts, and
Cities (Concl.)

1H

-

5s extl loan of 1899 1945—
5s assented 1945_

{-IV
J&D

-

4s of 1904-1954
4s assented 1954
J&D
Extl 48 of 1910 (£20 pieces)
£100 and £200 pieces
Treas 6 % notes '23 ext to '33
£20 pieces
£100 and £200 pieces

1H

2%
2J*
2X

1

"~2H

M&S
Extl 6Ha 1959 ser A..M&S
Montevideo (Oity) 7s '52.J&D
f 6s 1959 ser A.M&N

58

f 5s 1972 ser IX J&D

s

bonds of 1937-78

A&O

6s funding 1956
Second 5s 1956
Nov '32-May *35 coupons..
Nov '35-May '37 coupons..

7%

Stamped
5% scrip_

—

Dollar funding 3s 1956. A&O
Coupons 1936-1937
Porto Alegre (Oity) Brazil—
Sinking fund 8s 1961—J&D
8 f 40-yr 7 Ha 1966
J&J

F&A

7s 1968

Sul

35

Yokohama extl 6s 1961.-J&D

57

572*

s
s

f 6s 1968.

Rome extl
Rumania

CANADA

(American Dollar Quotations)
Dominion of Canada—
Is (12*-yr) 1939

7s

1002*

102 H

102 H

1015*
100 %

100H
102 H

22

25""
99
33

102
40
32
10

5s Nov 15 1941

992*

l04~"
47
36

Gold

30

96

96
6

Russian 6}*s June 18
Certificates of

5H

6
8

~lx

72*

45

8
62

55

69

46

50

25

30

35

37

6H
5

8
6

6s series B

ser

Certificates of

42*s May 1. 1945
M%N
42*8 Dec 15,1956—J&D 15
Montreal 5s Dec 1. 1945-J&D
5s

(State)
11

i?«
6

602*
28

12*
2*
i

292*

A&O
J&J
10

8s ctfs of deposit 1948—

Santa

F&A

San Paulo

(Brazil) State of8% external loan 1936.J&J
Extl 8s 1950
J&J
Extl 7s 1956
M&S
Extl s f 6s of 1928,1968 J&J

9

102*
82*

6s 1943

Sec

s

f 7s

4s

Stamped 1942
Santa Fe (City) Arg Rep extl

55

7s 1945

A&O

62

4s 1945 stamped..

A&O

51

Scrip
Santander (Dept) Colombia
Extl s f 7u 1948
A&O

8

Santiago(Clty)Ohile7s '49 J&J

132*
122*
lbH

Extl s f 7s 1961
M&N
Sao Paulo Brazt|„8s 1952 M&N

Extl

f 6H«
|957-M&N 15
Saxon State Mtge Institution
Sink fund 7s 1945
J&D

10 2*

s

Sink fund 6 Ha

30

Mar 22

1946

J&D
../
Serbs Croats & Slov (King of)
Extl 8s 1962
M&N /
Extl 7s 1962 ser B...M&N/
Silesia (Prov) Poland—
Extl sf 7s 1958
J&D /
6s 1947

21

20?*
20%

242*
212*

43

50

Silesian Landowners Assn—

(Bank of the) 1st 6s 47 F&A / 20
Sydney (City) N S W—■
25-yr s f 5>*s 1955
F&A 102^

t Quotations

42*s
4 2*s
42*s
42*s
42*s

per

1944
M&S
Jan 15. '39 -'47
J&J 15
Jan '15 *48-'57-J&J 15
1938
M&N 15
1939-1970
M&N 15

312*

1022*

1941

74

75

75

105
104

89

92

85

88

81

83

'

103

1042*

1032*
992*
992*

105

1002*
982*

102

101

101
100

98

992*

962*
992*
982*
982*

98

1122*
1062*
1072*
1142*
1142*
119

1102*
102

1122*
1012*
105

M&N

1002*
100
100

102

105

34
114

1072*
109

116
116

1202*
1112*
to

111

115

to"lie

105

100 gold rouble bond, equivalent to 77.4234




91

102
102

May 15,1938-43-M&N 15
4s May 15,1944-57.M&N 15
4s May,
15,1958-^8 .M&N 15
Hydro Elec Bow Com—
42*8 Jan 1, 1970.._J&J 2
Ottawa City 5s '38 '45...J&J
6s Munic Imp '38-*50—J&J
6s July 1. 1938-1956
J&J
42*s
1938-1944
J&J
4 2*s 1938-1942
J&J
42*s
1943-1960
J&J
Quebec (Province)—
8-yr 22*s 1944
M&N
15-yr 3s 1951..
M&N
3 2*s 1949
J&J
3 2*s sf deb 1952
J&D
42*s 1961—
M&N
42*s 1956
J&D
^.4
ebec City—
Quf
5s S F (non-call) 1960-M&N
Saskatchewan (Province)—
5s 1943 (non-call)__J&D15
6s 1959 (non-call)....M&N
42*s July 2 1945
J&J2
42*s 1955
42*s Mar 15 I960
M&S
4s Nov 15 1957
M&N15

—

4s

Santa Fe (Prov) 7s 1942.M&S

92

104
113

(Prov)—

Deb 5s I960.
M&S
Deb 42*s Sept 15'52 M&S15
Deb 42*s I960
M&N 15

4s

1940'."."——A&O

972*
972*
100

104
104

Ontario (Prov) 6s '43..M&S15
5 2*s 1946
J&J
5s 1959
M&N

(Brazil)—

Catharina

8s 1947...

47

grams of pure

gold.

1052*
1052*

116,

to"107
108
108

1182*

100

to

113

101

to

120

101

to

117

101

2.00
to 2.75 %
to 2.75
to 2.50

2.60
to 4.00
to 3.00

Pulaski Co 5s 193848
J&J 6 2.25
Rome 4s Mun bldg'38-'39 A&O 6 1.75
Savannah—42*s ref 1943. J&J 6 2.50

to 3.50

42*s
42*s
4 2*s
42*s
4 2*8

2.00
to 2.25

2.25

6 2.50

2.25
3.10

6 3.25
6 2.25

to 3.50

6 4.00

to 5.00

6 2.00

to 2.75

6 2 00

to 3.25

95

100

95

J&D

100

IDAHO
Cap Bldg 1939
J&J
Impt 1938-47 opt *30
Ref 1938-1939
A&O

1.50
2.00
1.50
2.25
1.50

ref 1940-45
A&O
Road 1939 opt *27—J&J
Boise City 42*s 1951
J&J
ILLINOIS

3.50
0.40

42*s Serv Comp '38-'43_Aug 1
42*s Serv Comp '38-*43_Aug 1
42*8 Serv Comp *38-'44_Aug 1
4s Highway 1938-43
May 1
4s Highway 1945-54
M&S
4s Highway 1955-58
M&N
32*s Emerg Rel *38-'47 Dec 15
3 2*s Emerg Ref '48-'54 Dec 15

0.40
0.40

0.30
1.75
2.30
0.60

2.00

to

1.60 %
to 1.65 %
to 1.60
to 1.50
to 2.25 %
to 2.40 %
to 1.90 %
to 2.30 %

1

■

Bloomington—

42*s Water
1938-1961 opt 1952 M&S 6 2.00

to 3.25

Champaign County—
6 1.00

to 2.25

3s 1941-1944

6

1.75

to

3s 1945-1948..

6 2.50

to

5s

Road

1938-1943—M&N

Chicago—

3s 1957 opt '39-'40
3s 1957 opt '41 -'42
3s 1956 opt 1945-49

32*s
32*s
32*s
32<js

1951
1952
1953
1955

opt
opt
opt
opt

100

992*
100

2.40

2.85
100 H

1003*
101H
2.25

1940
1945
1946
1951.

2.90

3.00
3.15

1939.
48 If

0.75

4s 1945-1948

6 1.25
6 2.50

4s 1949-1950

6 2.90

4s 1940-1944

42*s 1954

to 2.40

%
2.80 %
to 3.00 %
3.10
to

Board of Education—
3s 1957 opt 1939
3s 1957 opt 1941-43

100

992*
992*

3s 1957 opt 1945-47

32*s 1955 opt 1946
42*s 1954 opt 1944—Chicago Park District—
32*s 1956 opt 1946.
955
4s If" opt 1939
4s 1955 opt 1940-'44
4s 1955 opt 1945-*47
48 .1955 opt 1948-'55
Sanitary District—
4s 1955 opt 1939
4s 1955 opt 1940-'44
4s 1955 opt 1945-'47
4s 1955 opt 1948-'54

1003
100 J

101

3.00
2.70
.

1012*

102?*
1.00

6 2.00

to 2.90

3.00

to 3 .05

3.10

to 3.25

%

}
1.00

2.00

to

2.90 %
%

6 3.00

to 3.05

6 3.10

to 3.20

Cook County—
4s 1956 opt 1939—

%
1.00

4s 1956 opt
4s 1956 opt

6 2.00

to

2.90

6 3.00

to

3.05

j

4s 1956 opt

6 3.10

to 3.20

%

M&N 6 1.00

to 2.25

%'

1940-'44_
1945-'47
1948-'53
Elgin Sanitary Dist—
5sl938-1944
Evanston S D No 76—

101

4 2*s

110

June 1

1938-1948—

6 1.25

to

3.00 %

Forest Preserve—

992*
95

to 3.00

to 2.00

48,,
48

111

2.50

4s Pav & Sew '38 to '39-J&J 6 1.75
Marietta 5s W W 1939
F&A 6 2.25

48

102

to 4.25

Macon—

46

42*s non call 1958-M&N 15
42*ssf Apr 15. 1961 A&015

Scotia

Crisp Co—
Hydro-elec 5s '39-'57.F&A 6 3.25
Dougherty Co 5s '39-'48 M&S 6 1.75

48

"

6 3.75
6 3.00

2.00

/ 46
/ 46
/ 46

1022*
102 2*
1032*
42*s 1955.
M&S
North Vancouver 5s '60.-J&J / 31

New Brunswick—

89

to 2.90

Woodbury 6s 1938-49

120

M&N

90

85

J&J 6 1.75
42*8 1938-1956
J&J 6 1.75
Augusta—42*s Flood*42 M&N 6 2.25
Clarke Co 5s 1939-1944—J&J 6 1.75
Columbus—5s 193844—J&J 6 1.75
Cordele 5s W W 1938
J&J 6 2.00
Bibb Co 42*8 1948-49—M&N 6 3.10

49

50

1182*

5s Nov 1, 1969

,

Nova
12

f Nov

1, 1956
M&N
42*s May. 1954
42*s Jan, 1944
J&J
42*8 1938-1939
A&015
42*s 1940-1951
A&O 15
42*s June 1, 1971
J&D
4s May 1,1944
M&N
3 Ha refdg May. 1939-M&N
Metrop Co 42*s *53.'54&'61
4 2*s May 1, 1965
M&N
Harbor Commissioners—
s

86

5s Water 1939-51

49

49

Lachine P Q 5s 1954
J&D
Manitoba (Prov) 5s *44-J&D 2

106

95
93
91

6 2.25

47

47

A&O

Athens—42*8 June 30 1943—
Atlanta—42*8 Jan 1 1940-J&J

47

50
49

4s Elec L & P 1941

87

J&J 6 1.25 to 2.20
2.80
J&D b 3.10

42*s Drainage 1944
F&A
42*s Refunding 1959.-F&A
Spalding Co—5s '39-'49—J&J
Swainsboro 6s 1938-50—A&O
Valdosta 5s 1939-1942
Jan
Ware Co 5s Road 1938-49 J&J
Watkins 8 D 6s 1938-50.M&N

47

Hamilton—

I.....

4s scrip
8s 1948

1122*
1102*

1032*
1072*
1082*
1072*
1112*
1112*
1132*
1102*

48

24

deposit—

1072*
1062*
1102*
1102*

48

70

A '47 M&S

1947

107

Ifli

J&J
A&O 15
A&O

5s sf 1955 & 1960
A&O
Halifax N S 4s July. 1945
5s Jan. 1951
J&J

—

(Mtge Bk) 6s

88

942*
1002*
1002*
1022*

.M.

105

1919..

100

982*

jf 45
Brit Col (Prov) 5s *48.-J&J 15 ^96
-.96
5s Apr 25, 1954
A&O 25
*95
42*s 1938-1946
J&D 29
902*
42*sl947-1956
J&D 29
4 2*s s f deb Jan 23 '69 J&J23 ^892*
71
Calgary 5s July 1,1945..-J&J
Edmonton (C) 5s '45&'50A&0 *.72
72

21

deposit—

101

*

62*

5H% ext loan Dec 1921
Certificates of deposit —
Saarbrucken (City) Germany
Extl s f 6s 1953
J&J

Salvador 7s 1957

80

1032*

•

102

J&J
A&O

52*s 1947

Gold 5s 1959
42*s Jan 15, 1942—J&J 15
Deb 4 2*s 1956
A&O
42*s Jan 15.1957
J&J
42*s July 16. 1958
J&J
42*s Apr 1, 1961
A&O
42*s June 1, 1967
J&D
Debenture 4s 1954
J&D

9

1012*
1002*
992*

A&O
M&N

Gold 52*8 1952
Gold 5s 1948
5s 1950

992*
982*
952*

95

M&N

Refunding 5s 1943
5s May 1952
Alberta (Prov of)—

GEORGIA
4J*s ref 1938-1945
Albany—5s 1945
Road 5s 1949-53

M&S
J&J
J&D
M&N
F&A
J&D
M&S
J&J
14-yr 32*s 1951
M&N
25-yr 3 2*s 1961 opt '56 J&J
15-yr 3 2*s. 1949
A&O
20 yr 4s 1952
A&O
30-yr4* I960-A&O
15-vr 4 2*s 1940
M&S
Refunding 4 2*s 1944.A&0

101 ?*
100

101

F&A

1959

86
82

79
76

Appling County—

J&D 1992*

1% notes 1941
22*s Jan 15 1944
8-yr 2 Ha 1943
7-yr 22*s 1944
10-yr 2 2*s 1945
20-yr 3s 1955
3s perpetual
3s Jan 15 1967..

106 H
105 H

s f 6?*s 1952._A&0
(Monopolies)

Institute

\ly>

35

105 H
105 H

M&N
J&D
J&D

f 7s 1967

Extl

91

85
82

22

1946.-A&O

Extl

92
89

89

20

6
f 8s

"98

88

93

212*

6s 1936

5s 1941.

6s 1933
Do

95
87

Winnipeg, Man 5s '44.-.A&0

Wurtemberg 7s to 1945.M&N

6Ha 1959—

s

1062*

1002*

42*8 non-call 1944...M&N
42*s June 1 1946
J&D
42*8 June 15 1950—J&D15
4s Aug 1 1946
F& A15

"

82*
5J*
72*

f 1966

105

32*s July 1 1944-45
J&J
Vancouver. B C 52*s '39-A&O

52

40

Rio de Janeiro 8s 1946-—A&O
Extl s f 6Ha 1953
F&A

s

107
108

1112*

....

96?*

....

Grande

1142*
1012*

52*s 1952
F&A
58 1940 & 1941 var
5s 1945 & 1946 var
5s 1950 & 1951 var..
5s Jan 15 1970
J&J14
42*s 1942 and 1967—F&A
Verdun deb 5s 1954...

43
43

37
30
30
37
31

A&O/
Queensland (State) 7s *41 A&O
Ext g 6s Feb 15 1947 F&A15

Brazil ext

110

Wi

-F&A

Westphalia (Prov Bk) 6s 1933

6s 1952

7s extl

1012*

tt

97 H

Prague (Greater) Oity-—
63
7Ha loan of 1932-52.-M&N
Prussia 6 Ha 1951
M&S 15 /

Rio

.

422*

Vienna (O) extl 6s '52—M&N
Warsaw (City) 7s 1958. .F&A / 43
Warsaw (Land M Bk) 8s 1941
50

Panama

(National Bank)—
6 Ha series O & D6 Ha '48-'49
6 Ha series A & B 1946-47—
Parana (State) Brazil 7a 1958Pernambuco (State of) Brazil
Extl s f 7s 1947
M&S
Peru sec s f 7s 1959
M&S
Nat Loan extl 6s 1960-J&D
Extl s f 6s 1961
A&O
Poland (Rep of) 6s 1940-A&O
Stab'n 1 s f 7s 1947-A&0 15
Extl s f 8s 1950
J&J

.

43

32

Hossen 7s to 1945
P&A / 20
New South Wales (Australia)5s extl s f 1957
F&A
99
Extl s f 5s 1958
A&O
99
Met Wat Serv & Dr Board
Sf 5H8 1950
A&O 100

Oslo s f extl 4 Ha 1955—A&O
Panama (City) 6 Ha 1952
Panama (Rep)ext5Ha'53 J&D
Extl s f 5s 1963..
M&N

42
41

35
50

Munich Bank—

Norway ext 6s 1943
F&A
External s f 6s 1944..F&A
4 Ha extl Bk fd 1956—-M&S
4>*s extl sk fd 1965—A&O
Sk fd extl 4s 1963
F&A
Norway Municipalities Bank
► Guars f 5s 1970
J&D
Nuremburg extl 6s 1952.F&A
Oldenburg (Free State) 7s 1945
Oriental Devel—See Jap Govt

45

Net

110

J&J

1938-1939
J&D
5s 1940-1949
J&D
5s 1950-1959
—J&D
42*s 1938-1939———A&O
42*s 1940-1941
A&O
iHa 1942-1945
A&O
42*s 1946-1961
A&O
4s £ July 1 1948
J&J

48

Ask

102

J&J

5s 1940-1950

91.15

32*s extl re-adj 1984..J&J
392*
Valparaiso 6s 1939
/ 11

Mtge Bank of Jugoslavia—
Secured sf 7s 1957

.

Toronto (Concl.)
Toronto 6s 1938-1940

1002*

1960

Bid

5s

...

Mtge Bank of Denmark—
Exch

f 6s

Bonds

6

Venetian Prov Mtge Bank—
S f 7s 1952 ser A
A&O

7
37

s

To

or

Net

56

F&A / 42

bonds of 1937-1979—M&S
4-4 2*-4 2* % extl readj s f

5H
5%

502*

86.55

M&N
i
Extl sf 6s 1964—M&N f
3 2*-4-4 2*% extl readj s f
Extl

Minas Goraes (State) Brazil
Extl 6 Ha 1958

1952

f 52*s

Uruguay 8s ext 1946

3

57

s

Gold 7s 1943

3

1

Milan(Italy)ext 6>*s '52 .A&O

s

Ask

M&S
422*
1961
A&O
53
Tolima (Dept of) 7s '47-M&N /
5
Trondhjem (City), Norway—
Extl s f 52*s 1957
M&N *100
JUnion of Soviet Soc Republics
Extl

South Wales

Extl

Bid

Tokyo (City of) 5s of 1912—
5s of 1912

> ield Basis

To

or

Bonds

Net

Metrop Water Serv—See New
Mexican Irrigation s f gtd 4^8
Stamped assented
f
Mexico (Republic)—

93

Yield Basis
To

or

~

Bonds

BONDS

possible for the closing day of the month preceding the date of issue

962*

992*
982*

982*
972*
1082*

110

111

112

103

105

74

76

&
72

70
74
67

652*
652*

1939
1940-'44
1945-'47
1948-'52
Granite City 4 2*s 1938-48 J&D
Jackson Co 4?*s 1938-46.J&J

1.00
2.00

to 2.90

3.00

4s 1956 opt
4s 1956 opt

to

3.10

3.05
to 3.20

2.50

to

2.00

INDIANA
Elkhart 4 2*8 WW '38-75 A&O 6 2 00
Evansville 4s ref 1942
J&J
Fort Wayne

652*

42*8 1938 to 1941

* Called May 1 at par.

1942 to 1946
1947 t.o 1957....

A&O

6

%

to 3.25

Lake Co 5s Road '38-'49_F&A
2.00
River Forest S D No 90
42*8 1938-1944
J&D 6 1.50

67

64

4s 1956 opt
4s 1956 opt

I

3 -50 %

to

%
3.25 %

to

2.75 %

to 4 00

%

-|2.10

1.50

to 1.90 %

A&O 6 2.00
A&O 6 2.50

to 3.00 %

6 Basis. / Flat price, k Last sale,

to 2.40 %

n

Nominal.

:

STATE

94

Yield Basis

(City)—

&o

„

,39-,47-J&J
1 '41-J&J
4Kb Sch Une 15'40 J&D15

b 1.50

1939-1955----.-J&J
1939—J&J
Indianapolis S D—
4s Blag Sept 1 1946—J&J
3 Ms July 1 1941
J&J

b 1.50

Track Elev

2.75

4s Fire Dep J'ne
4 Mb

2%00
1.76

to 2.75

I50

3 Ms Oity Hall

2.25

5s Oct 20 1938-39--A&O b 1.50
So Bend 4Mb W W '43-M&N

to

2.25

M&S

1939-1948-F&A

b 2.00

to

2.75 %

5s
5s
5s
5s
5s
5s
5s

IOWA
As
1938-1942J&D b 0.50
Jedar Rapids 4 Ms'4{P53M&N b 2.50
1.40
Clinton Go 2 Ms 1942.-M&N

tig

to 1.10

2.90

to

less 1

4Mb
4Mb

1.00
1.25
1.00

1939-1940
M&N
1940-1941——M&N

4 Ms W W 1938-42—.J&D
6s Gen Oblig 1938-40--J&J
Des Moines lud S D—

0.75
1.00

to 1.50

4Mb Sept 1 1945--—M&S
4Mb 1944
----4s Sept 11945
—M&S
Fort Dodge 5s Fund '39.A&0
Lee Oo Prim Road 2MS-1948

2.30 less!
2.20 lessl^,
2.25 lesslM
1.00 less 1
2.15 less 1
0.75 to 2.10

Lyon Co 2Mb May 1 1938-47Marshalltown Ind 8D—„
5s Oity Hal) 1938-39.M&N b 0.50
Marshall town—
4 Ms Water

4Ms

Water

to

1938-42 —.A&O b 1.00
1943-44. A&O b 1.85

b 0.75

6 1.00
6s Ref Aug 151940—F&A15 6 1.25

4M8 Sewer 1938-47--M&N 6 1.00
2Mb 1938-1956
J&J b 0.75

1941-.J&J 6 1.30

Woodb'y Oo Fund 2Ms'42-,46 6 1.40

2.10

to 2.10
to 2.50

1
2.50
2.25

less
to
to

less
to

Soldiers' Compensation Bonds
4HS. 1938-1952
J&J 6 0.25
4s. 1953-1954
-J&J
Crawford Oo 4 Ha 1939.

ho
0.60

—

107M
108

Boston—

101M
102

to

to 2.25

108 M

104 H

103
to 3.25

3.00

6

101H

6 0.25

to 3.25

6 3.25

to

6 3.50

to

III

V

2.15
2.20
30
2.15

1.10
2.00
2.20

%"

6 3.30

to 3.50

6 3.50

to 3.60 %

6 1.25

to 3.40

2H April 1 1938-1957....
2 Ms Sept 11938-1956.M&S
2Hs 1938-1955
J&D
Metropolitan District—
2Hs ser A 1939-58—M&S

J&J

58 July 1968
J&J
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

102
to 102

101

104
104
104 H

105H
105 H
105 H
105M

104

to

3.10

%

3.80 %

100M

102

106
107
106

108
106

104

109

1

109

III

106 H

to 3.60
to 3.55

to

102H

Augusta—4s Oct 15 193S

6 0.75

103

Wks Sept 1 IS

103 M
103

1

%

%
%

Louisville—5s Sch 1962.-A&O
4 Ha Hospital 1951
M&S
-J&D

F&J
Sewer 1969
J&A,
4s Sewer 1947
F&A 6
4s Lou W Oo
1950-F&A b
4s Sewor 1965
—F&A b
4s Jan 1 1970
^J&J 6
3Hs Ref 1943
J&J b
3s Sew & Park 1941—-J&J 6
Owens boro—5s
Sewer--J&D 6
Paducah—
4Hs w w 1938-1970—A&O 6
Warren Co—4 Ha '39-'59 J&J 6

Funding 1938
4s Funding 1948
_ico 4s April 1939
Portland

J&I
J&I
..A&C

6 1 25

to 2.00 °7c

3.25

6 0 75

to

2.50 %

to 1.00

%

Dist—
1938-1950--- —M&I
Waterville 4Mb 1940-50

2.75
1.75

b 1.00

2.40

0.75 %
2.30

6 2 00

1.50 %

'•

%

6 1.00

6 2.50
6 1 00

3.50 %
to 3.50 %
to 3.00 %
to

MARYLAND

2 95

6 0.50
6 0 50

to 1.20

20

to 2.10

1.55

to 2.10

6 0.90
6 2.60

to 2.10

6 0.50
6 1.60

Annapolis 4Hs W W '4*

1
%

to 2.80

3.00

4s Jan 1 1942-1956

6 2.50

to

%

to 2

%

*39 '54 tax-ex.

0.50

4s July 1 1948-50—J&J

6 2.50

„

4s 1938-44 (tax-ex)
F&A 6 0.25
Waltham 3Ms 1938-45..F&A 6 0.50
4s 1938-1960
..F&A 6 0.40
lMs 1938-1947
F&A 6 0.25

Parks

ho

4s

to 2.80

to

2.70 %

tp 1.90
1.80

to

to 2.25
to

1.75

Water

District—
4 Ms 1939-1953
F&A
Wellesley (Town)
4s Mar 1 1939-1946
M&S
Winchester 4s 1939-1943 A&O
Worcester 1 Ms Apr 1 *38-*46MEXICO

6 0.50

Ann Arbor—
W W ref 4Mb 1938-1948 J&J

to 2.50

6 0.40

to 1.90

6 0.75

to

6 0.40

to 1.60

See Foreign
Govts page 93
MICHIGAN
1.75
5Ms July 15 1941
.J&J 15
1.75
oHs Oct 15 1941.
A&O 15
1.75
5 Ms
Highway 1941
J&D
1.50
5s Highway 1940
J&D
4Hs Highway 1943
...F&A 6 1.60
1.70
4M« Highway Impt 1944 A&O
1.75
4s Highway Impt 1942._A&0

1.75

less
less

less
less
less

less

less

1.50

to 2.25

6 2.00

to 2.15

Sewer 1938-40..M&N 6 1.50
Battle Creek S D—

to 2.00

.F&A 6 1.50

to 2.50

1938-1951 ...M&S 6 1.50

to 3.25

4Hs Sewer '46-'51-'56-A&0 6 3.60

to 3.80

Battle Greek-

4Mb

1939-1949
w w

Dearborn
Detroit—
48

1

4Ms._
4 Ms

6 0.50

to

2". 75

......

Ibo
J?25
2.40

-

1955

2.40

2.50

—

School 1938-1939—

1945-1971

6 0.50
6 2.00

to 0.90

to 2.50

to

2.60

non-callable..

Water 4s

2.10

r 62.10
6 0.50

4s

less

to 2.00

......

registered 1946
4Hs Mar 1, 1939-'55_.
4s Aug 1, 1951

4s Mar 1, 1961

6*2.75

to 2.50

5s

4s

5s series F Mar 15 1943—

%

to 1.00'

5s

4s Annex 1954

1
i

4Ms
4MB
Refunding Water series D3 Ms Oct 1 1951-1961
3 Mb Oct 1 1938-1950
3 Mb Oct 1 1948-1950——
4s July 1 1938-1947
Street railway 4Hs.._
Refunding 3 Hs f57-'62 J&D
Refunding 4s WSO-J&D
General & Street Rallway3 Ms Oct 1938-59

83
85
86

86

6 3.95

6 4.00

163S1M
lesslM

6 3.75

lesslH

61.00%

to

98
6 1.00
6 5.00

to 3

88

_S9
89
91
97 H
99 H
6 3.90
3.75%

6 5.00

6 5.00

100

.60 %
lesslM
lesslM
lesslM

•Less 1M on

bid side,




3.70

6*1125 "Too

t Less 1M

ou

bid side

6

J°65
%

3Hs Impt
6 Basis,

2.40

to

1.90

to

2.55

5.00

1940.

f Flat price

r

Less 1

on

bid side

to

1.40

X

6 4.00
6 5.00
Genera) 3s Oct 1 1959-62
Water 2Mb Oct 1 1938-62.. 6 1.00
Refunding 2Mb 1951-63 J&J 6 5.00

2.00

3Hs Jan 1 1957-1961
State Pension 5s Dec 31 1938

%

2.00 %

%

%

Baltimore—

3.75

to

to 1

6 0.75

1940-1952 June & Aug

LOUISIANA

to

to 2.00

General 3 Ms callable (Long)

2.80
2.20

3.85
3.80

to 1.75

to 1.70

5 Ms

2%g c.tfs of indebt.

2.80

00

to 0.90

6 0.50
6 0.50

4Hs 1938-1942
4Hs

2 40

to 2.60
to 2.10

Bay City-

Rd & Bdge '38-*40

2.95
2.95
2 95
2 35

4.U0

%

4 Ms

2.95

2.60
2.90
2.90
2.35
1.75
4 00

%

to 1.00

3 Ms 1944-1946

Sewer

4s

4.00

3.10
2.40

Short Term Bonds—
State Highway—
5s series A. B & 0 1940-1943 6 2.00
5s series A Mar 1 1943

.

Portland Water District—
4s

%

Warren

2.75 %

J&

3Hs July 1,1938 to 1939--.

South

3.10

4

3.75

.

3.00 %

6 3.00

Portland—
4s O H '38-'45 tax ex—A&_ 6 0 75
Portland Bridge Dist (taxable)

3 30

3.05
3.10
3.10

1952-1958

2.05 %

Springfield

Brewer High Sch Dist—

Kennebec Water District—
4s Ref May 1, 1950—M&:
Old Town Water District—
4s
July 1938-1939——J&

to

Somerville—

%
%
2.00 %

to

%
%

to 3.15

to 1.75

Salem 4s Jan 1

to 2.00

102

6 0 75
6 2.50

6 1.00

%

to 1.75

Quincy 3Ms 1938 to '39—A&O 6 0.40

%
%
%

to 2.75

102

6 4.00

to 3.15

exempt)
M&N 6 0.40
Pittsfield—
4s Dec 15 1938-1944—J&D 6 0.40
2s Dec 1 1938-1955—J&D 6 0.30

2.00 %

to

hs
1.60
3.30

to 2.90

(tax-ex) F&A

4 Ms 1938-'43 (tax-ex) _A&0 6 0.50
New Bedford—
4s
Sewer
1938-1941
(tax

%

Co

4 Ha School Jan 1 1939-69- 6 3 50
Henderaon County—
4Mb R&B Oct 1 *38-'56 A&O 6 4.20
Lexington—4s 1945
F&A 6 2.90
5s 8 D 1938
2.25
J&D

%

6 1.00

1939-'50

Medford—
3 Ms 1938-1942 tax-ex.M&N 6 0.50
Needham

%

108

6 0.75

3 30

to 2.30

_.

to 3.40

4s 1938-1940 tax-ex.-.

3 45
3 45

A&O 6 2.00

1946-1949

Lynn—■
4s '38-'39 (tax-exempt) M&N 6 0.50
4s 1940-51 (tax-ex).
M&N 6 1.10
Maiden 4s *38-'44 (tax-ex) F&A 6 0.50

110

to

—

%

to 2.20

School 4Ms 1938-41..-J&D 6 0.50

mtmm

to

3.45

b 0.30

LiOWfil 1

108

to

3 45

t

to 1.80

Holyoke—

—

to

1938-1945-—M&:

Oct!

4 Ms

Tensas Basin Levee District—
5s Jan 1957

July

to 2.60

...

4! 00

5s Dec 1, 1938-1969--J&D 6 2.00
4Mb W W & Sew '38-'54J&J 6 1.00
4Hs May 2.1938-67-M&N2 6 1.00

4s

to 2.65

to 2.60

„

3 Ms May 1 *45 (reg)_M&N
3s Bridge 1941_F&A
Chelsea 4s 1958
—M&S
Everett 4s 1941-1956
J&J 62.00
Fall River—
4 Hs 1939-1941
_M&S 6 0.50
4s 1938-55 (tax-ex) ...M&N 6 0.75
Franklin (Town)—
4 Ms
1938-44
—M&N 6 0.50

%

3.85
3.80

%

to 2.60

4s

to

102

3.00

i

102

%

102

2.30
to

to 3.00

4s 1938-1947 tax-ex...A&O

.75
2.30
1 00
1.90
1.75
1.00
2.30
2.25

4^8 1 *42, '47 & '52M&S b 3.95
Bowling Green—5s 1955.J&J 6 3.90
Oovington—
6s W W Jan 15'39-'61 J& J15 6 3 60
4Mb Fdg 1938-48
F&A 6 3 60
AH* 1938-1950—A&O 6 3 60
4MB WW 1939-51.—J&J 6 3 60
4s Fdg 1952 opt '42..F&A 6 3.50

2.25
to 3.00

Brockton—

---

to 2

101

6 0.75

,

MAINE
5s H'way & Bdge '38-'54-A&0 b 0.75
6 0.75
to 1.70 %
t 0.75
0.60
6 1.50
to 2.20 %

101

%°50

2Hs Oct 1 1938-62—A& 6 0.30
Braintree—4a 1938-1941— J&J b 9.30

2.15 %
to 2.15 %

101H

3.45
to 3.10

to 3.00

103 X

Shreveport—

4Hs

&>
3.40
3.40

b 1.00

}

to

103
102 X
102 X

to 1.10

6 0.30
2 Ms ser B 1939-62—-J&J 6 0.75
2 Ms Dec 15 1938-1960--- 6 0.30

%

107M

102 M

101 H

%
3.60
3.30
3.60

6 1.00

Y

104

101M
101M

-

4Hs

J&D
3Hs Junel 1944
..J&D
3 Ms July 1 1945...—J&J
6 0.50
3s April 1 1938-1957
„

to 3.25

6 1.50

102 M

to 1.90

3 Ms Junel 1943

3.50
3.60

6 0.75

4Mb Ref 1965
4 Hs Jan 1 1970

4s Sub 1958 tax-ex
J&J
4s Tun & Sub'59 tax-ex.J&J
3 Hs 1938-1951
M&S 6 0.50

Auburn—

102

1.70 %

Cambridge—
J&J
J&J

♦4Mb 1938-1961
A&O
♦4Mb Sept 1. l938-'68-M&S
4Mb Non-callable 1952 J&D

4s Wat

V

'ar

to

4s Tunnel & Sub 194S.J&D
4s Sub 1957 tax-ex.
A&O

I"

94M

KENTUCKY
Bridge Revenue Refunding
Project No 1 July 1 '50 J&J
Project No 2 July 1 '50 J&J
Project No 3 July 1 '50 J&Ji
Project No 9 July 1955 J&J
Project No 8 July 1 1945
Project No 10 July 1 '50 J&J
Project No. 11. 1952
Project No 12.1947
Project No 13 1953
Project No 141945—
Ashland—

2.25

-

6 0.75

6 1.10

6 0.30

4Mb Sept 11981M&S
4 Xs Tun 1960 tax-ex- A&O
4Xs Dec 1976
J&D
4s 1938-1939(tax-ex-) .J&J 6 0.50
-

6 0.75

6 0.60

to

to 1.20

—

—

6 1 25

-

Orleans District—
5s July 1938-1939
5s July 1940-1949
5s July 1950-1959

to 1,75

_

101
1942-1964-M&S 6 2.80

1

0.25

2Mb reg July 1 1938-67—

2.75 %
102 X

6 1.25

5s Oct 1952
A&O
Pentchartrain District—
6s 1944.
M&N

%
2.60 %

to 2.10

.10
1.30
1.50
0.75
1.20

6
1 Hs Pub
Wks.-Septl5*38-'40 0.25
Is Pub Wks Feb 151939-41
6 0.30
Arlington

Plaquemine Parish E Bank—

2.50 %

...

6 0.60
6 0.60

105 H
107

4s'38-'42(tax ex) J&J
Beverley—
4s 1938-1945 (tax ex)-M&N

2.40

—

Sedgwick Co 4 His 1940
Shawnee Oo 4Mb 1944
Topeka 4Mb 1948
Topeka S D 4Hs Mar 1 '39-'46
Wichita 4Hs 1938-46—J&D
Wyandotte Oounty—
4M« Bridge '39 to '41-F&A
4Hs
1939
J&J
4 Ha
1940-1945
J&J

109

0.60

Leavenworth—

4Hs Water 1939-1947-J&J b 0.70
Leavenworth Oo 5s 1945

105 H
105 H
107 H
107 H
108

1.70
2.00

to 2.60

to 2.05

is Water 1942
J&J
js gold July 1944——-M&S
gold July 1 1939
_J&J

104
104 H
106 H
106 H
107
107 M

Orleans Parish Sch Board—
5s 1938-1944
—J&D 6 2.00
5s 1945-1967
-J&D 6 3.90

0.60

to

6 0.25
6 0.25

District—

3 Hs July 1 1953-1968.
4s July I 1940-1952

2.00 %

—

MASSACHUSETTS

„

%'

106

102 H

Orleans Levee

Hutchinson—

4H« 1939
—
Kansas City 5s 1942
F&A
4Mb Wat & Light 1944-J&J
4Hs Wat Plant Pur '39. J&J
4Mb Imp July 18 '49—J&J
Board of Education—
4Hs 1939-1953
F&A b 0.60
4Hs 1938-1953.
J&J 6 0.60
0.60
Sch Dist 4 Ha 1939-'54J&J

—

T1&

103 X
107

1

to 2.40

I

108

_

4s 1939-1945
A&O
4s 1946-1956—
A&O
4Hs serial gold 1939-45
4 Hs serial gold 1945-60—
4Hs serial gold 1961-80—Sewer and Water—
4Hs 1939-1945
J&D
4Hs 1945-1960
J&D
4Hs 1961-1980
J&D
4s 1939-1950
J&D

KANSAS

Saline Oo 4Ha 1945

A&O 15
A&O 15
F&A 15

1957-1967
1959-1969
1972

4s Mar.

McPherson 4 Ms 1945
Reno Oo 5s 1941

J&J
J&J
'52.A&0

1

1939-1968
M&N 6 2.00 to 3.70 %
Washington Sub San Dist—
104
3Hs Wat & Sewer '87-M&N 102
3.50
4Mb Sewer g 1973—..J&J 6 3.60
6 3.70
5s i960
3.60 %

Public Belt Bridge Rev—

to 1.65

to 3.60
to 3.50

4Hs

1939-1944—-A&O 6 2.25
4Xa 1945-1966——A&O 6 3 40 to 3.90

1.00

to

3.45

2.50
2.80
2.20

5s Water 1938-1987—A&O b 1.25
4 Hs 1938-1987
A&O b 1.00

104

4 Ms

^

Sac Co 2Mb May 1 1938-47—
Sioux Oity 6s '88-4TF&A15

Sioux Oity S D 5s

to

iosm

Net

HZ Montgomery Oo—

103

5s Jan 1954 opt 1944
J&J
5s 1956-1970
A&O
Lake Borgne Dist Levee—
5s Dec 1952 opt 1942-J&D
New Orleans—Public Belt—
6s 1939 44 opt 1939-J&J

1.25

to

to 1.40

3.40
to 1.75

Des Moines 5s 1938-'57—J&J

if

3.55
96

102 H
103

Ask

Baltimore—(Cont.)
3 Hs Refunding 1952
J&J
3 Ms Sewage Impt '80-A&O
Cumber'd 4Mb WW '41-A&O
Hagerstown—
'
1

108

1950 opt 1940
1952 opt 1942
Oct 15.1962 op
Oct 15,1963

Lafourche Basin Levee—

Davenport Indep Sch Dist—

3.50
3.45

Bid

Bonds

Oaddo District Levee—

5s 1951 opt 1941
——J&J
Fifth District Levee—

8outn Bend School Oitv-~

Impt

State Highway—
4Hs series D & E 1944-55— 6 3.60
5s series F Mar 15.1945-48- 6 3.55
5s series K July 1,1947-49-,- 6 3.65
95 H
3 Ha series R 1941-60-J&J
3Hs series Q 1941-60-J&J 102
4s ser S 1941-1957
J&J 102
3 Ms series S 1958-1960-J&J 100 M
State Pension 5s June 1,1948- 6 3.60
Oapital Bldg 4Hs Aug 15, *52 6 3.55

To

or

Net

Ask

Atchafalaya Levee Dist—
5s Sept 1938-1972
M&S 106 H
104
5s Dist ref & imp 1949.M&S
2.00
Baton Rouge—5s *39-'54 M&S 6 3.50
1.75
50 Bossier Dist Levee 5s '54-A&0 104M

.

4Mb

To

,

a

3.25 %

1942-1956—J&J30 b 2.50
Indianapolis—

5Hs 1941...'

or

Bid

Long Term Bondsto 2.25

----

_

Yield Basis

Yield Basis

M

Bonds

Net

Ask

Fort Wayne School Dist—
6 1.50
5s Oct 1 1938-1943
Gary Sch City 4 Mb Oct 1943- Hammon
4s O H

day of the month preceding the date of issue

To

or

Bid

Bonds

BONDS

MUNICIPAL

AND

Quotations for all securities are as near as possible for the closing

Refunding 3 Ms 1939-50 J&J 6 5.00

less!H

2%60

lesslH
to 3.70

lesslH

April, 1938]

and

state

municipal

bonds

95

Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue
Yield Basis

Yield Basis
To

or

Bonds

Ask

Bid

Flint 4*i 1938-54—M&S 15
is
5s (Mai 1 & Apr 1) '38-'50Jar
Flint Union School Dist—
6s 1939-1954
M&S
4*s Mar 1 1939-1939
Grand Rapids—

5 2.00

to 4.00

b 2.00

to 4.10

6 2.00

to 4.00

b 2.00

to 2.25

3*8 Sept 1 1938-1940 M&S 6 1.50
3s Sept 1 1941-1945.-M&S b 2.10
Grand Rapids School Dist—
4*8 1938-1943
M&S b 1.50
Highland Park—

to 2.10

4*s April 15 1957
6*s May 1 1941
4*s School Nov 1 1954

b 3.70

b'2.00

4*a 1938-1945

.

to 3.00

%

less 1

to 4.00

%
4.00

b 2.00

to 3.50

1.00

to 2.25

1.50

to 2.75

2.50

—M&N

less 1

Lansing—
4*s 1938-1946
J&D
Muskegon 4*8 1939-44—J&J
Muskegon S D 5s 1942
July

%

Pontiac—
Refund 4-4

*s 1964 opt 1937

4*s School June 1 1955
Port Huron 4 *s 1942

4.25
2.50

8agtnaw—4*8 1938-19—F&A

3*s

Sewer

88

85

less 1
less 1

1.00

to 3.00

1.00

1938-51...J&D

to 3.00

Wayne County—
Covert roads

1.50

to 2.50

Voted bonds

-

1.50

to 2.50 %

4*s Airport April 1 1948-.

%

3.20

MINNESOTA

3*sJuly 151943

J&J b 2.10

4^s Dec 1 1939
J&D b 1.25
2* trunk h'way '47-51—M&N M2.15
1.85sRuralCredItctfs 1941
2s Rural Credit ctfs 1942
Duluth—

4*s 1938-1947
4*s 1938-1942
4s

b par

100
J&J

0.75

less 1

less *
to 2.20

%

to

1.60
101

to 2.50

M&N

0.75

to 2.25

J&J

0.75

to 2.40

1938-1946

Duluth Ind School Dist—

5*s 1938-1940

A&O b 0.75

to 2.40

Hennepin County—
6s

M&N
5*9 Bridge 1P3840-M&N
4*8 Sanitorium '38-'42 J&J
4*s Hospital '38-'41_M&N
Bridge

1938 40

4s 1944

3*8

to

b 0.50

to 2.00

b 0.50

to

2.25

Funding

b 0.50

to

2.00

4s opt

2.60s

2*8

2.00

M&N b 0.75
A&O b 1.00

1939-1966

1939-1947

M&S b 0.75
M&S b 1.10
M&S b 0.75

2 *c 1940-1967

2.30s 1938-1947
2 20s 1942-1959

J&O b 2.10
A&O b 0.75

2s

1938-1946
1.90s Oct 1 1938-46.. .A&O b 0.75

to 2.75
to 1.70

to

2.35

6 2.25

A&O 6 0.75
J&D 6 0.75

to
to

3.00
2.70

3.40
3.40
3.40
3.40

6 3.75
6 3.75

96

%

%

103

%

%
%

4.25

6 4.25

4.00

Manchester—
4s 1938 1940

6 4.25

4.00

6 4.25

to 3.15

%
%.

6 4 .50

3.50

6 4 50
6 4.00

350

3.50

F&A 6 4.25

NEW

Bridge
4*s
4*s
4 *s
4*s
4 *s

3.75

to 0.30

6 0.85

to 2.00

2.00

to 1.70

to 1.90

.M&S
M&S

1

0.30
0.70

Buchanan
Ret 3s

.J&J,6 1.80

2.50
to 2.15
to 1.40
to 2.15

i

t

to

1.20 %

to

I

to

2.60 %

o5

%

J&J 6 0.60

1939-1950
J&J
1938-1950
J&J15
1949
J&D
Road 1939-1952.-J&J
4 *s Court h'se "39-'52 J&J
Joplin (School District)—
4*s 1943-1948

t Less 1

on




to 3

.001 %

6 0.50
6 0.60

to 3.10

6 0.50

to

to

%
3.10 %

-.-12.90

6 0.50

6 2.25

bid side

>

3.151%

to3.15(%
to

2.80,%

/"Flat price

1.20

1.20
1.40
1.60

4*sseries A of *27 July 1944
4b ser B of *27 July 1950
Soldiers Bonus 5s July 1941
Highway Extension—
4 *8 D of '20 Jan '54 opt "39
4 *s E of '20 July '54 opt *39
4*s F of '20 Jan '55 opt '40
4*8 A of '24 Jan '55 opt '40
4 *s B of '24 July '55 opt '40
4 *s C of'24 July '56 opt '41
4*s ser B oi'30 July '38-'e7 6 0.30
3 *s ser C of '30 Nov *38-'69 6 0.50

n

3*8 ser A
4*s series
4s series C
2*s series

1.75
2.25

1.20
0.70
0.70
1.00

81

b 1.75

113*
1.25

mmm

3.00 %
116

to

1.75

to

3.20
3.50

1.25

to

3.10

1.75

to

3.65

1.50

to 3.60

1.75

to 4.00

1.25

to

to 3

I60

75

101
to 3

10

to 2 60

%
3.00

3.10 %

to

to 4 .10

%

to

3 .50 %
4.00

to

4.75 %

to 3.75

to 3 .30
to 2 65
to

%
%
%
3.75

3" 60 %

to 4.75
to
to

%
4.75 %
4.60 %
4.25
4.25

to 98

%

98
to

to

94

4.25

to 4

10

90

1.50

to 3 80

1.50

to

1.75
83

to

%

3.60 %
4.10 %
4 50

72

J&D15 b 1.25

77
to

3 00 %

A&O

1.75

Middlesex

(Borough)—
3*s 1939 to 1967
J&J
Middlesex County—
4*s Road 1939-1944—F&A
Imp 3s Nov 15 1938-1948—
Monmouth County—
4*s Mar 15 '39-'50—M&S
4*s Rd & bdg '38-51F&A15
Montclair 4*s Sch 1941.A&O
4*8 High sch bldg *44. J&D
Morris County—
4*s 1942 opt 1922
J&J
3*s 1939-1949
J&D15

b 3 00

to 4.00

b

50
b 1.50

2 75 %
to 3 10 %

b 2 00
b 2.00

to 3

1

%

to

to

35 %

3.35 %

1.75
2.50
1.25
b

1.25

to 2 60

J&D 6 2.00

to 2.60

%

Morristown—

4*s 1938-1942
4s 1938-1969

M&N b 2.00

1.00

to

%
3.35 %

Neptune 4*8 1940-55—F&A

1.00

ISToWftflr——

1.2p

6s

4 75

M&S b 2.25

1939-1972

to 4.75

%
%
%
4.40 %
4.10

to 2.75

5*s Oct 15 '38 to'59 A&015 b 2.25

to

to 2.70

5s 1938-1958

to 4.40

6 0.30

to 2.70

4*8 1938-1983
4*8 School Dec 1 '45.

6 0.30

to 2.75

6 0.70

to 2.70

6 0.20

to 2.60

0.70

to 2.20

0.20

to 1.20

Construction—

July 1938-1966—
B July 1938-07—
April 1939-69
D May 1938-70.
Emergency Relief—
3*s Jan 1939-1941
5s May 1938 to 1941
4*s Nov 1938 to 1941
3*s Mar 1939-to 1942
3*s May 1938 to 1942
2* Jan 1939 to 1943
Ed Aid 4*sser A Jan 1939-42
Nominal.

77

%
%

100

J&J

3*s April 1941

1.00

—

%

to 4.05

Long Branch 5s 1943
M&N
Lyndhurst 3-5s 1938 57—J&J
Maple wood (Township)—
4s 1938-1967.
Mercer County—

1.20

1939——
series D Jan 1940
series E July 1940
series F Jan 1941
series G July 1941
4s series H July 1942
4s series I July 1943

Institutional

4*s
4*s
4*s
4*s

Pp'tf*.

2 .10

to

County—

1943-1956

Jackson County—
4s 1938-1951

I

to

b 3.60

—

1.00

1.00

%

to 4.25

Co—
4 *s Bldg&Rd'38-'45 J&D20 b

Hackensack

1.00

0.70

1.70 %
to 1.65 %

t-

87

b 2.00

School 1938-1974—A&O

Lodi—5s 1939-1947

4*s
*s
4*s
4*s

to

to

4*s Water 1938-70-J&D 15
4*s Sch impt '38-'52_J&D
5*s 1938-1970
J&D

JERSEY

bonds—
Series A July 1938
Series B July 1939
series C Jan 1940Series D July 1940
series E Jan 1941.——

4

to 0.75

to 90

92

to 2.30

6 0.75
6 0.80

Road Bonds—

2.15

4~20 %'

95

b

3.00 %

100

2.15

to 2.20

4 *« series C July

_

to

b

to 1.50

6 0.80

3.50

1948-1950- —M&S
4*s 1938 & 1939
A&O b 0.40
4*s 1,943-1946
M&S 6 1.50
4s 1943-1947—.
M&S 6 1.40
4s Road
1944-1948
A&O 6 1 60
4s Nov 1 1948 1952
M&N b 2.10
3*s 1948-1952.
J&J 6 2 00
4*s Road 1938-1942
6 0 60
3s Road 1953-1957
J&D 6 2 10
3s Building 1939-1941 ——J&J b 0.50
3s State Bldg 1940-44--.F&A b 1.00

b 2.50

1.15

%

3.50

Road

4.10 %

Keansburg5*8 1938-59.M&N
Kearney—

to 2.80

3.50

4*s

%:

to

to 2.10

6 0.75

J&J 6 3.75
4s 1952 ODtlonal 1922—J&J 6 3.75

MISSOURI

to 3.00

b 2.50

to 1.75

3.25 %

M&N 6 3.75

4*s July 1949

%

1.20

to

%
%

3.50

1941-1945

to 4.00

1.20

6 0.75

to 2.80
to 2.75

4 00

4

to

b 2.50
b 2.00

4*8 1942
F&A
4*s
Imp 1939-1942-J&J b 2.00
6s 1939-1954
_F&A b 2.25
3s 1938-1966.
M&S b 2.00
Hoboken—4*s
1940
J&J
5s School 1939-1954— .J&J b 3.50
Hudson County—
4*s 1938-1978M&N15 b 1.25
4s g Tark 1954 & '59.M&N b 3.20
Hunterdon County—
4*s Road & bldg '39-'46J&J b 1.25
Irvington 5s 8chool 1963.J&D
4*s 1938-1959
J&D 5T.50
Jersey City—
5*s 1942-1953
...A&O b 4.25
5s 1938-1969
A&O b 3.00
4*s School 1938-58—.J&D b 3 .00
4*s School 1945
J&J
4*s Water 1961
A&O
4*s 1938-1967
J&D
3 00
4s Refunding 1949
95
F&A
4s July 1 1938-1953—
2.75
Gen ref 3*s '39-'54—F&A
3.00
3*s. 1938-1956
J&D
2.75

4.00

6 4.25

103

%
1.25

b 1.25

Gloucester
to 2.50

HAMPSHIRE

July 1938-1948
—J&J
4s June 1938
...J&D
4s Highway 1938-1943 —M&S
4*8 Highway 1938-1943.J&D

100

—J&J 6 4.00

1938-19.54

J&J

4s

Yazoo-Mlss Delta Levee Dist5s

to 3.00

2.80

4*s 1938-1955

Jackson—

lino 193848

-J&J

4*8 1942
J&D
4*s '38. '40 '42.'44. M&N
Keene 4 *s 1938-1942—. M&N

Non-callable bonds
98
Greenville 5s fund '43-'50 F&A 6 4.50

5s Pub

%

Concord—

Callable bonds

6s July 1 1953
Vlcksburg— °

1.25
to 3.25

2.40

NEW
6 3.75
6 3.75

to 1.75

2.70

J&D

MISSISSIPI

3.35 %

3 00

1.59

5s 1948

3.75

to

Omaha SD 4 *s Mayl'55M&N
York School District—

to 2.90

%

to
to

to

2.85

less 1

6 0.75

to 2.50

A&O b 1.25

M&N

4*8 May 1 1956

%

1

4*s 1939-1960
M&S 15 b 1.00
4s Hospital 1946
F&A
Essex Fells (Boro)—
5s July 281938-1960
b 1.50
Fair view—58. 1944
98
J&J
Glen Ridge—
4 *s Mun Bldg 1938-70 F&A b 1.25
Gloucester City—
4*s 1938-1966
_J&D
88
5*s Water 1939-1963.M&S
88

'41J&J

4 *8 Wat wks Dec 15

50

3.50

5s 1938-1944
Essex County—

1

Omaha—

.15

1.25
1.25
1.25
1.25

to 3

to

less

4*s 1938-19.53
M&N 6 0.75
5s *38 43-F&A 6 1.00
North Platte Sch DiBt—

less 1

%

to 4.10

to 4.10

to 1.40

McCook Fund

to 2.25

2.UU
2.00
2.00
2.00

to 1.20
less
2

to 2.30

to 3

to 4.15

1.00

to 2.40

4*8 1938-1959

2.00

1.40

to 2.20

Lincoln School District—

less 1

5.00
100

4*s
1938-1957
A&O
5*s Dec 1 1938-1946.J&D
6s 1939-1972
J&J
Englew-ood—

Beatrice - D 5s 1939-54._F&A 6 1.00
Dakota County—

to 2.30

to 87

Elizabeth—

bonds—
'44, 1938-53-.--J&J 6 1.00

nebraska

to 2.35

1938-57-A&O 6 93

6s

2.70

to 2.35

4*s Bridge

3

5*s Sewer 1939
J&J 6
4*s Wat & Sew '39-'50-J&J 6 1.50

2.30

to

84

Audubon (Boro)—

to 2.70
to

53

78

1

to 2.30

6 3.10

5*s Impt 1939-1946
M&S
4Hs May 1 1939-50
4*8 Impt 1953
J&J
4*8 Flood 1938-53
A&O
Biloxi
5*8 1938-1943—A&O

i

51

Atlantic County—

i

b 0.75

4*s Sewer July I '43..J&J
4*s 1939-1959...
J&J

4*8 School House 1941 J&J
Mississippi Levee District—
5s May 2 1944
M&N

to 3.25

to 2.60

A&O 6 0.75
5s School July 1 1951—J&J 6 2.90
5s Gen'l irapt 1939 62—J&J 6 0.75

5*s 1938-1954
A&O
4*s Jan 1 1939-1952
4*s 1938-1952
M&N
Jones Co 5s 1938-1942
M&N
Meridian 5s Dec I 1939.-J&D

3.05

to 3.30

0.50

4s Bridge Rev 1957
J&D
Douglas County—
5s Highway 1938-46.-A&O 6 .100
Uoldrege S D 5s 1938 55.J&D 6 1.00

4*s W W 193842

1938-19612.60s 1938-1957

to

0.50

b 0.75

July 1 1951.—J&J

4s

0.50

Ask

66
66

2 *-4 *s Jan 1973
Water 5-4*s Jan 1973

%

Great Falls—
to 2.15

Paul—

6sschooI

3~ 00

b 0.75

—

f'.n

to

0.60

b 0.75

2*s 1938-1947
F&A
4*s 1938-1950...-.
F&A
4*8 Rd & Bdge '38-'44M&N
4*s Rd & Bdge '38-'43 J&D

to 3.75

-

6
6
6
6
6
6

Daniels Co 5*8 1939-42--J&J 6 4.25
6s 1941 opt 1940
-J&J 6 4.00

Ramsey County—

Bt

6 0.75

&0

Highway debentures—
4*s Dec 31 1939-40
4*s Dec 31 1938-39.

to 2.75

M&N f
M&N f

.

.

MONTANA

..A&O

1938-1941

-..J&J

1950- 6

Bid

July 11938-1944
0.60 to 3.20
SD 4*s 1939-55
M&S
0.75 to 2.90
Bavonne—5s
1939-1949-J&J
6 2.75 to 3.00
4*s
1938-1955
F&A
2*s 1956-1975
A&O 6 2.60 to 2.90 %
4*s School 1938-66—F&A
Kansas City S D—
Belleville 5s 1938 & '44.M&N
1.70 to 2.80 %
4s 1941-1951
J&J
Belleville S D 5s '38-'44 M&N
1.50 to 2.85 %
4*s 1940-1950
J&J
Bergen Co—
0.50 to 2.90
5*s Dec 1 1938-1942.J&D
4*s 1939-1950
J&J
5*s Dec 15 1938-60.J&D15
4*s 1946
J&J
1.75
6s Dec 15 1938-1955.J&D15
5s 1941
J&J
1.60 to 2.70
3*s 1941-1951
J&J
4*s
1938-1939
A&O
4s Court Hse 1938—_A&0
2*s 1945-1955
J&J 2.10 to 2.50
St Onarles County 3*s toll
Bloomfield—
99
4*8 1938 to 1969—.J&D 15
bridge series A—July 15 *56
0.60 to 2.25 %
St Joseph 4*s l939-'45—M&S
Bogota—
2.90
4*8 1938-1946
Refunding 4*s May 1 1951
..J&D
1.25 Bound Brook 4 *s *38-'42 J&D
St Joseph S D 4s 1940
St Louis 4*s Public bldg &
Bridgeton (City)—
4*s 1938-1958
J&D
impt 1938-1943
J&J 6 0.60 to 1.75
0j60 Camden—4*s 1939-1939
F&A
1.10 to 2". 2 5 %
5*s 1938-1961
4*s 1940-1953
F&A
F&A
0.50 to 2.10 %
4*s Water '38 to '60.M&N
4*s 1938-1948
M&N
1.20 to 2.10
4*s
4*s 1941-1948
M&N
1942-1969
J&J
0.50 to 1.00
4b 1945-1970
4s 1938-1940
M&N
1.20 to 1.90
4s 1941-1945
M&N
Camden Co—
2.00 to 2.20
48 1946-1951
M&N
4*s
1938-1970
J&J
4s 1944 1968—
3*s Public bldg & impt
2.10 to 2.20 %
A&O
Cape May—
1.10 to 2.15 %
3s School 1940-54
F&A
4*s School 1939-1951.M&S
2.10 Cape May Co—
3s Refunding 1952
A&O
5s
2*s Public bldg & impt
1939-1940
M&S
2.00 to 2.10 %
M&N
Delaware River Joint Com
0.50 to 2.75 %
Springfield 4 *s '38-'49—M&N
Phila-Camden Bridge—
4*s 1938-1945
M&S
University City—
0.50 to 1.90 %
4*s 1946-1973—....M&S
4*sl938-1943
M&N
1.75 to 2.25 %
East Orange—
4*s 1942-1949
J&J15
4*s
1938-1969
..J&D
5s Sewer 1939-1960
J&J

b 0.50

Minneapolis—
5s 1940. 1943, 1945.1946.
1947. '48. '49. '50.. -J&D b 1.75
4*8 Apr 1938-1952..-A&O b 0.75
4*8 1938-1940
A&O b 0.75
4s improvement 1942-J&D

1939

1940
——J&J
4*|s Various May 9 38-72
4*s Jan & July 1942—J&J
4*s 1939-1955
—A&O
4*s Airport 1938-54.-A&O
4s Airport 1938-1971— M&S
3*s 1938-1974
-J&J
3*s 1939-1974
F&A
3*s 1939-1955
A&O
3s 1954-1975
M&S

1

2.50
3.70

Jackson 4 *s 1938-47—A&016
4*s July 15 1955
Jackson Union 8 D—

Water

4*s

Bonds

Asbury Park
0.75
4*8 1938-1953:;
0.75
4*s
1938-1970
1.25 Atlantic City—

J&J

4*8 1939

or

Net

Ask

Kansas City—
5s

to 2.75

Yield rvisis
To

or

Bid

Bonds

Net

0.59

to 1.20

0.70

to 1.40

0.30

to 1.40

6 0.70

to 1.60

6 0.70

to 1.49

J&J b 2.25

4 60

F&A b 2 25 to
J&D
1959 opt 1949
97*
4s Pas Valsew'61 op 61 J&D
97*
4s 1938-1970
.J&D b 2.25 to 97
3*8 Track elev 19.54 —F&A
4s Sch

.

house

2*s Jan 15 1 939-76—.J&J

b~2.25

to 3

4 00
90 %

96

STATE AND MUNICIPAL BONDS
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Yield Basis
Bid

New Brunswick—
4 Ms 1938-1957—

Ask

F&A 6 2.00

6

Nutley (School District)—
4Ms 1939-1942
F&A
4Ms 1943-1967
F&A
5Ms Nov 15 1938-39-M&N
Ocean City—5s 1944
F&A
4 Ms Impt May 15 1938-'56_
Ocean Co 4Ms 1938-'50-J&D

73
73

to 3.65

to

83
76

6 2.00

to 3.70

to 2.50

Orange—
■
4Ms Sewer 1938-1964.A&0 6 2.00
Passaic—
4Mb 1939-1940
...M&S 6 2.00
.

to 3.00

6 3.00

to

2Mb Dec 8 1938-87
J&D
Unemployment Relief—
2Mb July 6 1938-1947—J&J
General State Improvement—
2Mb July 6 1938-1962..J&J
1 Ms Sept 10 *38-46-M&S 10
Emerg Unemploym't Relief
2 Ms Sept 25 '38-'43—M&S
2 Ms Sept 25,44-,45—M&S
1Mb Sept 10 1944-1946—
Albany County—
4Mb 1939-1960
M&S

96

to 4.35

^

to 3.60

J&D 6 2.50

to 4.50
to 4.30

1938 1951.

Pater son—
5 Ms 1938-1959
4 Ms Feb 1 1945

M&N 6 2.50
F&A
4Ms 1938-1967
A&O 6 2.25
Perth Amboy—
4Ms April 1944
93
4Mb Water 1939-64--M&S2 6 98

t

6s Feb 1939-1977

F&A 6 99
4 Ms refdg 1944 & *46..F&A
92
Plainfield 4s School 1959 M&N

4Mb 1938-1962 Various.J&J 6 1.25
Ibihwfltf——

to 3.75

to 2.85

6 2.00

to 3.60

6 2.00

to 3.25

6 1.25

to 1.50

4Ms
4Ms
4 Ms
4Ms
4 Ms
4 Ms
4 Ms
4 Ms
4 Ms
4 Ms
4Mb
4 Ms

to 2.90

b 0.50

to 2.85

b 0.50

to 2.80

2.75

b 0.50

to

to 1.90

b 0.50

to 2.60

6 0.50

to 2.30

6 0.60

to 3.25

6 0.50

to 2.40

6 0.60

to 2.15

J&D 15 6 3.45
M&N 6 1.25

to 3.35

to3.10
to 1.75

6 1.25
6 1.25

to 3.10

3.10s

73

Oct 15

to 2.90

to 88

to 3.50

6 3.60

3.40
to 3.40

6 1.20

to 3.35

6 1.00

to 2.90

6 1.00

to 3.20

6 1.40

to 2.90

Relief 193845-J&J
2 Ms Oct 15 1938-56—A&O
2.20s Jan 15 1939-47—J&J
Sewer Authority—
4s 1940-1964
J&J
3 Ms 1940-1964
J&D

to 2.75

0.75

6 1.20

6 1.20
1938-46.A&0 6 1.20

2.60%
6 1.25
6 1.25

to 3.30

6 1.00

to 3.20

6 2.60

to 3.60

6 2.50

to

6 0.60

to 2.80

3.59

Columbia County—

J&J 6 1.25
M&S 6 1.25
J&D 6 1.25
J&D 6 1.25

to 2.50

4Mb 1938-1959
A&O
Corning 5 Ms 1939-60
M&S
Cortland Co 4 Ms '38-'51-J&J
Delaware Co 4.20s '39-'52A&0
Dutchess Co—
4s 1939-1946
M&S
4s 1947-1954
—.M&S
East Chester—
4MB 1939-1958
F&A
Elmira—

to 3.85
to 3.15
to 3.15

3.10

6 1.25
6 1.00

to

6 1.00
6 2.25

to 2.75

to 2.35
to 4.15

6 1.50

to 3.40

Union City 4 Ms 1938-'64.J&D 6 2.75
Union County—

to 4.40

4 Ms Oct 15 1938-52
6 1.00
4 Ms Rd&Bdge'39-'47.F&A 6 1.00
4s Oct 11942
A&O
2.80s Gen Impt B June 1

to 2.75

City Hall 1939.

3.40
to 3.60

4s 1945-1953

4MB 1938-1968
Ventnor City—
Refunding 4-5 Ms
VIneland (Boro)—

J&J 6 2.75

to 2.60

to 2.80
to

4.50

4s 1938 1951

88

5Ms 1939-1950
M&S 6
Westfield—
5s June 15 1938-60
J&d'&
4Ms 1938-1966
A&O 16
West New York—
4Mb Oct 1 1938-1968—A&O 6
5s School 1938-61
M&N 6
West Orange
Gen ref 3 Ms 1940-1959 A&O 6

1.75
1.00
1.00

2.75
3.00

93
to 4.00

to 3.35
to

%
%

2.50

6 3.00
99

98
6 2.75

4MB

2.50
115

3.40
3.40

6 0 .60
6 2 .10

5s Jan & Mar 1946-1970

Highway 1963

M&S

Canal 1964
Canal 1965

J&J
J&J

Highway 1965
M&S
Barge Canal 1945
J&J
Bonus 1938-1939—A&O
Bonus 1940-1949
A&O

to 2.65

2 .70

to

to 2.85

to

4s Highw Imp Mar '62..M&S
4s due Sept 1 1965

2.55
2.60
2.60,

2 .70

15 1940-1955

/ Flat price

2s Mar 1

to 2.15

to

2.85

to 2.80

to 3.65

7q

2.60 %
2.60 %

2 .70

0 .20
1 .10
1 .10

0.90

to 2.30
to

2.90

to

2.25

4 Ms

to 4.00

No

to 2.75
to

F&A b 0.75

193 8-1960
1938-1942

J&D b 1.00

North Tarrytown—
4 Ms Water 1938-64—A&O b Par

4.50

to 2.80

Hempstead S D No 7—

4 Ms

to 2.10

to 2.50

to 2.50

3.70s

0.70

to 2.60

to 3.30

Ossining 4M8 1938-42. __M&S

1.00

to 2.40

6 0.50
6 0.20

to 3.30

1.00

to 3.40
to 2.60

to 2.90

4Ms Water 1938-1969.A&0
Oswego—5 Ms 1938-46
M&N
Oyster Bay Wat Dist—
4s
1938-1950
J&J
Pel ham (T) Un Fr Sch Dist

0.75

6 0.75

6 0.50

to 2.95

.

2.00
6

1.60"

to

2.75
2.00

6 0.75
6 0.75

to 1.60

6 0.60
6 1.00

to 2.00

to 1.35

|to3.75
to 3.25

to 2.75
to 3.40

to 2.50

92

95

6 0.75

to 3.75
to 3.50

J&J 6 1.75

to 3.75

to 1.50

6 0.75
6 3.75

to 2.40

to 2.30
to 1.75
to 1.40

b 2.80
b 0.70

4s School 1938-'59
M&S b 0.70
Port Jervis 4Ms '39-'69 ..J&J b 2.00
Port of N Y
Authority—
Gen & ref 4s May 1, 1975..
Gen & ref 3 Ms Dec 1, 1965-

106M
103M
iOOM

Gen & ref 3 Ms May 1. 1976
Gen & ref 3 Ms Aug 15 1977
Gen & ref 3s Dec 15 1976.

ser

D

2.50

to

3.00

to

3.50

to 2.40
to 2.60
to

3.90

108
105
102

97

96 M

George Washington Bridge4 Ms Sor B '40 to *53-M&N

4M8

to

98

HOM

HIM

"107M

109M

'39-'41-_M&S

4 Ms ser D '42-'60—M&S
Holland Tunnel—

1.90

_

4Ms

b

1.00

to

to

ser

E

'39-'41__JM&S

4Ms ser E '42-'60—M&S
111
Putnam Co 4Mb '38-'51_A&0 b 1.00
4s 1939-1954.
F&A b 1.00

1.65

112M
3.25 %
to 3.40 %

Rensselaer County—
Rochester
4 Ms

5s

to 3.30

1

F&A b 0.70

'39-'62

to 2.80

b 0.50

to 2.70

b 0.50

to 2.60

b 0.50

to 2.30

b 0.50
b 0.50

to 2.30

b

1.10

to

1.10 %
2.00 %

Par

to

3.25

Par

to

1.40 %

Par

to

3.70

Pub

Imp '38-'58_F&A
1939-1 §59
.M&S

4Mb
4s Imp Sch &c '39-'47-J&J
2 Ms 1939-1957
M&S
1 Ms 1938-1940.
A&O
1.70s 1940-1948
F&A

to

I

%

Rockland Co—
to 2.50

to

3.90,

4 Ms

1938 (reg)

Par

F&A 15

Rockville Centre (V)—
4.15s 1938-1952

J&D b
A&O b

6 3.50
6 0.75

to 3.60

Rome 5 Ms 1938-1941

to 3.20
to 2.50

4.40s 1938-1953
F&A 6
Saranac Lake 4.45s 1939-F&A

to 2.40

Saratoga Co 5s 1939-'40-F&A b 1.00
4Mb 1938;1955t,—_M&S b 0.75
4s Sfept 1 1945-1954--.M&S & 2.50

%

Rye & Har'son Un Fr S D No 6

M&S 6.0.75

Nassau County—

5s 1938-1943.

Par

4Mb Highway 1938-58.F&A b 1.00

to 3.60

4MB 1938 1944
4Mb 1938-1939.L

%
%
2.40 %

Poughkeepsie 4 Ms '38-52 J&D

b

Inland Terminal—

98

93

to 2.15

0.70

_

No 1 4.60s 1944-1966

96
85

1938 to 1946

0?90
2.40 %

0.70

80

3s

A&O
F&A

to 2.20

Ref 1.90s 1939-57
2.10s Feb 1 1939-1968
Co 4s '38-'51_-M&N

6 2.50
M&S 6 1.00
M&S 6 2.60
M&S 6 1.25

5MsI1938-1941
A&O
4 Ms (School 1962-73—M&N
4s Sewerage 1950-55--M&N
2Mb 1938 to 1956
M&S

1938-1951-

to 3.40

Ontario

104 M
4 Ms 1938-1947.-F&A 6 0.50 to 2.40
Riv Regulating Dist—

to 0.70
to

1939-1949

to 2.40

Niagara Falls S D

Mineola (V) 4.40s 1938-68 J&J 6 0.50
Monroe Co 4s 1939-44
F&A 6 0.50
3.90s'Co Bldg '39-'50--F&A 6 1.00
1 Ms Jan 15 1939-42— J&J 6 1.00
Mount Vernon—
4 Ms 1938-1943
A&O 6 0.75

2.60

2 .70

M&S
A&O

to 3.00
to 2.40

104 M
105
Middleport 4.35s '38-'42_J&D 6 0.75 to 2.20
4.35s Sewer '38-'39
J&D 6 0.75 to 1.25

2.55

1967--J&J

4s Bldg constr '40-'49

2.90

0.90
4.10% Sewer 1939-50..J&J
4 Ms Wat May 1 '41-48M&N
1.70
4Mb Sew '39-'46 reg.M&N
1.00
3.95 Nov 1.1961-70. -M&N b 2.70
3 Ms 1942-1945
M&N b 1.80

2.90

to 2.60

to

3.90s 1940-1964

2.55
2.55
2.55
2.55
2.55
2.55

4s Highw Imp Mar '67-.M&S
4sPalisades Park 1967--M&S
4s Bldg constr 1938-1939 M&S

100

4.15s Sewer 1965-70..M&N

to

Marine Parkway Authority—
Sk fd 4 Ms ser A I960.J&D

2.55

2 .70
2 .70

—

to 3.20

5Mb May 1 '38-'52-..M&N 6 1.00
3.90s 1938-1939
J&J 6 0.75

1.35

2 .65

_

to 2.60

6s 1947 Beach acquisition..

2.00
2.50

2 .65

_

0.70

to 2.20

2 .65

3.60

117M
H7M

Par

1 .10

2 .65
2 .65

1963
May,

„

Mamaroneck UnFSD No 1—

2 .65

to

115M
115M
113M
113M
119M
116M
117M

J&D
M&S

Onondaga Co, 4 Ms '38-47A&O

M&S 6 0.70

Mamaroneck(T)4 Ms'38-64J&J

4s Canal Imp Jan 1961
J&J
4s Canal Imp July 1961--J&J

4s Highw Imp Mar '61.-M&S
4s Palisade Park 1961—M&S
4b Canal Jan 1962
J&J

1965

1.70

5%s 1953—.

2.65
2.60

to 0.75

2 .65
2 .65

Par

City—

June

to 3.20

1939-1954

to 2.60

4s High Imp Mar I960-- M&S
4s Canal Imp July 1960
J&J

Imp Sept 1958.M&S

2.50
3.40

to 3.30

to 3.50

to 1.90

2 .60
2 .65

to

4Mb 1947-72
.—J&J b 2.90
Oneida 4s Water *40-'45-_J&J
1.20
4 Ms Water 1939
--J&.)

2 .70

1 .50
2 .10

3.25

to

Par

M&N

to

Par

to 3.60

2 .00
0 .20

48 Canal Term 1942
J&J
4s Canal Term Jan 1946.-J&J
4s g High Imp Mar 1958.M&S
4s g High

Par

2.60

to 3.30

4.40s 1943-1949
5s 1939-1942
Long Beach 4s Jan 15 1939—.
4s 1940

to 2.00

2 .75
2 .75

3.00

to 2.20

3M% s f Rev 1968-.A&0
Niagara Falls—
5 Ms
1941-48
M&N

Lockport—

100

60
95

to

0.50

to 3.50

98

98

2.00

to

6 0.75

4MB 1943-1949
4Ms Sch 1939-1944
NEW YORK
5s Jan & Mar 1 1939-1945

F&A 6 0.75

65

101

6 3.80
6 3.80

1.00
to 3.30

.25

J&J 6 1.00

1938-1965
...J&J
1938-1965
J&J
Huntington (T) 4s '39-'52_J&J
Islip 4s 1939-1951
M&S
Ithaca—4M8 Water 1942 J&J
4Mb 1940-1954
J&J
Jamestown—
4s Mar 20 1943
A&O
4MB 1938-1940
A&015
Jamestown S D 5s *38-*39 J&D
Kingston—
2.70s June 1, 1938-1944
Lackawanna 4Ms '38-*54M&N

99

110

1939-1980

to

to

6 0.75

Hornell
Hudson
4Ms
4.70s

2.50
100
100
to 3.00

6 3.00

1.90

Henry Hudson Parkway—
4s April 1 1955

to 3.60

5Ms Highway 1939-1940-J&J
4Ms Dec 16 1952 opt '22-J&D
4s Fund 1939 opt 1919--M&S
3Ms H'w'y deb ^l6-'47
M&N
3 Ms H'w'y deb '48-'49--M&N
3s Jan 1 & July 1 1949-1952.
2Ms H way deb 1944-45-M&S
Albuquerque—
5s Water Works 1962.-J&D
4Mb 1938-1950
J&J
4Mb 1938-1950
J&J
Middle Rio Grande Conser
Dist 5Ms 1938-73
F&A
Socorro Co 5s 1941 op '21.A&0

to 3.40

to

M&S

Hempstead (T)4 Ms'38-59 A&O
Hempstead 4 Ms 1938-65 M&S

to

6 1.00

1.25
1.40

3skap

Green burgh U S Sch Dist No 9
4.40s 1938-1965
J&D 6 1.10
Groton 6s Wat '38-'50—M&N 6 0.75
Harrison (T)—

6s

NEW MEXICO
6s Highway 1939-1940—J&J 6 3.00

to 2.45

6 1.10

2.30s

5.00

2.50

to 2.10

6 2.25

6 2.60

3.60
3.10
2.55
3.20
3.25

to

1939-67
J&J 6 1.00
Hempstead Un F S D No 1—

3.101 %

to 4.60
to

6 1.00

Freeport—
4.20s 1938-1945
M&N 6 0.75
4.20s sewer 1946-60—M&N 6 2.60
4 Ms 1938-1951
M&N 6 0.75
4.40s 1938-1950
M&N 6 0.75
Garden City 4 Ms 1938-52.J&J 6 0.50
Greenburg* (T)—

...

6 2.40

to 2.60
to 2.70

2.90 March 1, 1939-1947.. 6 1.50" to 3.15
Essex Co 4s 1939-1956—M&S 6 1.00 to 2.70
Franklin Co 4Mb '39-'40.M&S 6 0.75 to 1.25

J&D

1950-65
Union Township Sch Dist—

to 3.00

6 1.00

4Mb Water 1938-45-A&0 6 0.50
Erie County—
4MB 1938
J&D 6 1.20
4MB 1939-1959
.J&D 6 1.50

to 3.50

6 1.50

6 0.60
6 0.60

to

to 3.30

1.35

115M
1957
M&N
115 M
Nov 1957M&N
120 H
Dec 1, 1979
J&D
118M
Corp stock 1967--J&J
119M
Corp stk 1971
J&D 15
July 1,1938 to 1955— b 0.50 to 2.55
115M
Jan 1, 1977.
J&J 114M
Sch & Var '38-'39-J&D b 0.50 to 1.10
112M
110M
I960M&S
113M
Mar 1, 1962
M&S 111M
4Ms Mar 1, 1964
113M
M&S 111M
112
4 Ms April 1,1966
113M
A&O
113 M
114M
4Ms Apr 15,1972—A&015
4 Ms Rap Tr & Wat 74 J&D
115 H
113M
4Ms Feb 15. '41-'66.F&A15 b 1.80 to 3.60 %
114
115M
4Mb Feb 15,1976—F&A15
4 Ms Nov 15.1978- -M&N15
114M
116M
4 Ms Mar 1, 1981
115
M&S
116M
4s Oct 1,1980
110
A&O
111M
111
4s May. 1977
M&N 109 M
4s Nov 1955
M&N
107 M
106
4s Various 1956
M&N
106
107M
4s Various May 1957-M&N
108 M
107
4s Nov 1958—
M&N
107
108 M
4s May 1959
M&N 107
108M
4s serial 1938-1963
J&J b 0.50 to 3.55
3 Ms Corp stock July 1 75.106
104 M
3 Ms Corp stock 1939-54.
b 1.10 to 3.40
3 Ms g exempt 1941
1.75
M&N b 2.00
3 Ms exempt 1942
2.00
M&N 6 2.20
3Ms R T 1948-1950—M&N b 3.25
3.00
3.25
3Msg exempt 1952
M&N b 3.50
3Ms gexempt 1953
3.25
M&N 5 3.50
3 Ms g exempt 1954
102
100
M&N
3 Ms g Water ex 1954- M&N
100
102
3 Ms exempt 1955
102
M&N 100 M
99 M
3M8 stock Apr 1,1954. A&O
101M
3 Ms Corp stock Mar 1,1960
100
102
3 Ms Corp stock Jan 15,1976
100
102
3 Ms reg Corporate stock
1950-53
3.50
M&N
3.25
3 Ms Corp stock July 1, '75
99 M
101M
2.80 to 3.10
Trans 1947-51. -F&A
3s corp stock Jan 1 1977 J&J
97 M
98 M
3s Serial 1939-1968
0.60 to 3.10
J&J
2 Ms 1939-1953
1.00 to 3.05
J&D
2Ms Serial 1939-16.._F&A
1.00 to 2.70
Parkway Authority—
3M% Rev 1940-'53.A&0 b 1.50 to 3.25

to 2.35

b 0.50

b 0.50

1938
J&J
4Mb 1938-1967
A&O
4s June 151960
J&D
4s 1938-1958
_J&J
3.40s Nov 15 '38-'55-_M&N

to




New York

to 2.75

5 Ms 1944
5s 1938-1950

to 3.00

6 1.25

6 2.00
b 1.50

b Basis

to

b 0.50

4 Ms

A&O 6 95

4 Ms School 1941
F&A
4Mb Imp & sch '38-'60-J&D
SussexCo4Ms'38-*44
M&S
4s Impt 1938-1955—M&N
Tenafly 4Ms 1939-1963.F&A
Trenton—
6Ms 1938-1951
A&O
5s School 1938-1955—A&O
4MB 1939-1966
F&A
4 Ms 1939-1960
F&A

4s Apr

1938-1944
1945-1965
1938-1963
2Ms 1938-1947

to

b 1.70

b 1.60

4M 1938-1969
M&N
4M 1938-1970
J&D
to 4.60
4s Munic & Sch '39-'63_J&J
3M 1938-1971
J&D
to 4.25
2 Ms 1938-1945
M&N
2 Ms 1939-1978
M&S
98
2% 1938-1955
M&N
to 92
Albany Port District—
4s 1938-1972
to 94
...M&N
Binghamton—
4 Ms Oct 1 1938-71
3.00
var.
to 3.25 %
2s Mar 11939-1956

Summit—

4s due Jan 1 1966
4s Canal Imp Jan

b 0.25

Net

2.70

6 0.75
6 2.50

M&N
M&N
M&N
M&N

4 Ms
4 Ms
4 Ms

2.30
to 1.70

Albany (City of)—

Terminal—

4Ms 1938-1969
4MB 1938-1968

4Ms
4Mb
4Ms
4Mb
4M8
4 Ms
4 Ms

to

4s 1938-1947

Buffalo—

4Ms 1938-1973
South Orange—
4s 1938 to 1944
6s 1939-1962

4s

to 2.00

b 0.20

1.60
1.80
to 1.70

to 3.60

usmI

4Mb 1938-1953
J&D
Ramsey 5s Water 1938-1940
Red Bank (Borough)—
4 Ms 1938-1953
M&N
Ridge wood 4 Ms 1938-62.M&N
5Ms 1938-1939
J&J
4Ms 1938-1968
M&N
Sea Isle City 5s 1942....F&A
Somerset County—
4 Ms 1938-1949
J&D
4Mb 1938-1952
J&J
South Jersey Port District—
Marine

b 0.20

New Rochelle—
5s 1938-1950

b 0.25

Ask

Nassau

to 2.55

b 0.30

To

or

Bid

Bonds

Net

County (Concluded)—
J&D
3Ms 1944-1961
J&J
3s July 1 1940-64
J&J
3s 1939-50
F&A
3.40s July 1 1941-45—J&J
2 Ms 1946-1956
2 Ms 1939-57
F&A
Newburgh—
4s Wat Impt 1942-63—J&J
4Ms Wat Impt 1938-41-J&J

3 Ms Fund 1938-1941. M&N b 0.50
2 Ms refunding 1939-57.J&J b 1.00

to 3.75

5Ms General improvement
6s Impt 1938-1948
M&N 6 2.50
4Ms Refunding 1944—M&N
4 Ms Water 1939-1970-J&J b 1.50
Passaic County—
4 Ms 1938-1946
J&J b 1.25
4 Ms 1938-1968
J&D b 1.25

Ask

-

.

6 2.00
97
6 99
6 3.00

Bid

3 Ms Mar 15 1939—M&S 15
0.50
3Ms Mar 15 '40-'81—M&S 15 b 1.10 to 2.75
of50
3Ms Mar 15 1939—M&8 15
3Ms Mar 15 '40-'81--M&S 15 b 1.10" to 2.70 %
3s g Canal Jan 1 1956---J&J 117
119
119
3s g Canal July 1 1958 —J&J
117
119
3s g Canal Jan 1 1959- -J&J 117
119
3s Canal 1957-59
117
J&J
3s Mar 25 1939-1987
M&S b 0.50 to 2.70
Eliminat'n of Grade Crossings

to 3.60
to 3.65

North Arlington (Borough)
Refunding 4s
North Bergen ref 4s-4 Ms

To

or

Bonds

Net

.

_

4 Ms Sch & wat '38-'69-J&D 6 2.00
4 Ms 1938-1967
J&D 6 2.00

Yield Basis

Yield Basis
To

or

Bonds

M&N
A&O
M&S

b 0.75
b 0.75
b 0.75

'to 2.50
to 1.25 %

25
to 2.00

to 3.00
to 3.00

April, 1938]

STATE

AND

MUNICIPAL BONDS

97

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Yield Basis

Yield Basis
To

or

Bonds

Ask

Bid

Saratoga Springs—
4Mb Pari: 1939-1940—A&O b 1.00
Scarsdale 4Ms 1938-45—J&D b 0.75

4.15s
4s

2Ma
„

to 2.50

to 2.50

b 0.50

to 2.50
to 3.10

M&S

Southampton—

to

to 3.00
to

3.00

to

3.75

to

3.10

to

2.75
2.75

to

to

to 3.25
to 2.50

F&A b 0.75

b
b
b
b

0.50
0.50
0.75
0.75

to 3.10
to

JKfnlP&l!49
1939-1955

2.50

to 4.25

4.00

to 4.15

94

4M

to 2.75
to

to 4.20

4 Ms

1.50
1.50

i'

:

2.25

'•■

to

2.00
2.00
2.00

to 4.00

2.00

to

to 4.20
to 4.25

Grand

4.50

1.00
1.00
1.00
0.50

to

3.20
3.35
to 3.50

3.00

0.50

to 2.50

Thousand Islands—
4Ms Bridge Rev '67.M&S
Westchester County
1939-1976

to 2.60
to 2.50

3.60
3.70 %
to 3.75 %

2.00

2.00

1.50
4 Ms Parkway 1962-86-J&D b 3.25
4Ms Co Bldg 1939-44--A&0 b 1.25
2.50
4Mb *44. '45, *56 & '69 J&D

to

4s Co Bldg 1939-59—M&S
4s June 1 1959-1964—J&D

Par

White Plains—
4Ms 1939-1959

3.75

3.70
to 3.90
to

2.75

to 3.25
to

3.15
to 3.25
to 3.00
to

3.50

to 3.00

to

3.30

1.00
1.00

to 3.90

2Ms Sept 1 1943-49
b 2.75
Wolcott 4Ms Jly 15'38-'42J&J|6 1.00
Yonkers—

to 3.25

3.90s

(reg)-M&S

1939-1954

F&A

6s Feb 1 1939-1952

to 3.50

Allen Co 5Ms 1938-50-.A&O 6 2.00
Ashland 5 Ms 1938-44._-A&O 6 1.00

Par

to 4.00

5Ms Jan 1939-1961—A&O

1.50

to

5s 1939-1961

1.50

to 4.50

Par

to

J&D

2.7)
Par

Par
& ref July 1 *43-'46 6 2.75

to 3.50

to

„

J&J 6 3.20

to 3.10
J&J 6 1.25 to 3.15
A&O b 1.25 to 3.15
A&O 6 1.25 to 3.15
A&O 6 1.90 to 2.50
A&O
101M 102 M

*

Asheville—

1-48 gen ref July 1 1976
Buncombe County—

30

l~4s gen ref July 1 1976
Charlotte—

30

31M

to 3.30

J&D 19 6 2.40

5s 1943-1952

A&O 6 1.00
6 1.00

to 3.10

6 1.00

98M

to

1945.J&J

to

3.60
3.00

Durham County—

4Mb

1938-1951

J&D

Forsyth Co 4Ms '38-'58-J&D
Granville Co 4Ms *39—M&N

1.50
1.50
3.00

to 3.30
to 3.50

2.50

Greensboro—

F&A 6 3.75
4Mb 1939-1963
J&J 6 2.50
4 Msl939-1965
F&A 6 2.50
4s Water Works 1954..J&J 6 3.90
Ref'g 3 Ma 1957-1962— J&J
93 M
Greenville 5s WW '68—F&A
4.40

to 3.50
to 4.30

to 4.25

3.75
96
to 4.20
to

Guilford County—

4Mb 1938-1957
M&N
High Point 4M.s 1939-48.J&J
6s Wat Serv 1938-1968 J&D

Ohio municipal




to 2 60

1.00
2.50
1.00
1.00
1.00

to 3.25

2.30
to 2.90
to 3.40
to 3.00

1.50

to 3.10

1.75

to 3.10

100M
128

130
101

100M
b 1.20

to

2.10 %

b 1.50

to

2.20 %

b

1.25

to

2.80

b 1.25

to

2.75

b 1.00

b 0.75

to 2.50

1

2M Apr 1 1939-1967—A&O b 1.00

to 2.50

%

4Ms Sewer 1939-59

2.70

J&D b 1.70

to 2.60

%

4Ms Water 1939-1960.M&S b 1.70

to 3.30

%

School

to 2.75

to 4.20
to 87

Miami

99M

to 87

4Mb Sept 1'67 opt *41

„

2MsWater works—

1939-1966

4Mb

1939-1960

b 1.00

to 2.80

b 1.00

to 2.00

4 Ms Jan

to 3.10

b 1.00

b 1.00

to 2.60

to 2.00
to 2.40
to 4.00

to 2.50 %
to 2.20

to 3.00
to
to

i

2.30 %
2.40 %

104 M

114

M&S 6 0.85
F&A 6 1.10

to-4.10

116
to
to

...

2.60 %
2.70 %

b Par

to 2.75 %

6 1.00

to 2.40

3.00 %

%
b 1.50 to 3.20 %
Lacakwanna Co 4s 1944.F&A b 2.75
2.20
Lancaster Co 4 Ms *39-'60F&a b 0.75 to 2.50
%
Lancaster 8 D 4s May 1945— b 2.20
2 00 /o
Lower Merion Twp 4s 1945.. 6 2.20
2.00 %
McK'p't S D 4Mb '39-43 M&N b 1.10 to 2.50
Mercer Co 5 Mb '39-'47—F&A b 1.50 to 3.10
%
Noiristown S D 4Mb 1943.J&J b 2.30
2.10 %

Philadelphia—
5s Jan 1951
*

1.50
1.50

1 1939-1946

Fayette County—
4 Ms Highway 1952—.J&D
Harrisburg—
4s May 15 1939-1953
Jeanette 4Ms 1939-1956.M&S

to 2.25
to 3.25
to 2.75

Conservancy Dist—

5Ms (1 to 5 yr mat'y)—J&D
5M8 (5 to 10 yr mat'y).J&D
5Ms (after 10 years)
J&D

4 Ms,
.F&A

Erie S D—
b 1.00

Dist—

1.75
99

Dist—

Easton-Phillipsburg

Liverpool—4s 1940.J&J

4Ms water 1938-1952—A&O
Martin's Fy 5s '38-'44
M&S

z°
L90

to

Phila-Camden—

A&O
5s Park & Imp '38-'41_A&0 b 1.00
Lima 5Ms Sewer 1938-1947— 6 2.00
5s Sewer Feb 1 1939-*51 F&A b 2.50
Lucas Co 4s O H 1944—M&S
4 Ms 1938-1940
J&D2 b 1.00

are

to 1.75

6 2.00

Altoona—

to 3.25

...

bondsjssued since Jan. 1,1913

series "C T" May 31 1938—
5s July 1 1951 Series O..J&J
4Ms Dec 1 1951 opt *37..J&D
4 Ms 1939, 1944, 1949
J&J
4s Highway Apr.l 1940,
1942,
1945, 1947. 1950, 1952
Allegheny County—
4Ms 1939-1962
A&O
4 Ms July 1938-1958
J&J
4s Bridge 1942
F&A
4s 1939-1958..
M&S
2 Ms Dec 1 1938-1965—J&D

imp 1938-43—A&O b 1.00 to 2.50

Mahoning Val San

b 1.00

4s 1940-45-50
b 1.80
Braddock 4Mb '38-'41_.M&N b 1.00
Cambria Co 4Ms Nov 1 '38-'45 b 1.80
Chester 4Ms 1938-1940—.J&J b 1.00
Chester SD 4Ms 1938-42 J&D b 1.60
Del River Jt Comm
Bridge

4Ms Oct 1945

5s Water 1942

to 2.00

PENNSYLVANIA

Easton

Elyria 4s 1938
J&D
4Mb 1938-1952
M&S
5s W W 1938-1946
J&J
Fostoria 5s W W '39-M0-M&S
Hamilton County—
4 Ms 1943
F&A
4Ms Oct 1 1939
A&O
4Mb Sewer Oct 1 1938-'47_.
Lakewood—
4 Ms 1938-1939
A&O

J&J

25

to 3 20

b 1.00

Bethlehem

Cleveland—

to 3 .60

4Mb 1938-1966

to 3

b 2.60

to 2.75

'39-'46_—M&S10 6 1.00

East

5s Water 1939 to

to 2.50

lMs Tax anticipation notes

1961

to 3.60

Durham—

J&J15

2.75 %

5 1.00
b 3.00

4Ms 1938-1960
M&N
4s Water 1938-1955—.M&N
4s Water 1939-1958
J&J
4s Water 1940-1959—.F&A

M&S

to 3.40

3.20

to 2.00

35
3 00

to 2.75

to 2.25

1.50

to 96

2.80

to 2.15

35

6 1.00

M&S b 1.00
M&S b 2.25

1.5 J
1.50
1.90

to

to

6 1.00

to 3.10

M&N

F&A 6

to 1.75
to 2.50

1.00
1.00
1.00

5s Harb Dev 1938-50.M&N
4 Ms Dock 1943
M&N
4Ms Oct 1938-47
A&O

^

b 1.00

M&N

gen

'40~,<15

Portland—

to 2.25

5s W W

5s Mar 16

1.00
2.00

35

to 3.00

Imp 1945
F&A
4Ms Bdge 1938-1951..M&S

%
%

35

4

1938-1939

4Ms 1941-1961
Dayton School Dist—

2.50 %

Allentown—

4Ms 1938-1944
A&O
4Ms 1938-1943
A&O
4Ms Road 1938-1941— A&O
4s 1938-1941
A&O
Dayton—
5Ms W W Imp 1944..J&D

4 Ms 1938-1940

3.50 %
to 3.75 %

v

J&D

to 3.00

4Mb 1938-1970
4Mb 1938-1979
3Ms 1939-1959
3s 1960-1977—

F&A

to 2.90

F&A 6 1.25

6 Ms 1941

..M&N

1.00 to 3.00 %

to 3.00
to 3.00

s-a

2Ms 1940-1959

4Ms

to 2.75

3.75
2.75
2.75

Certificates of deposit
5Ms 1938-1949
J&j
Certificates of deposit.
Eugene 5s 1942
M&S
Multnomah Co—
4 Ms Bridge 1938 1944. J&D
4Ms 1949-1956.
F&A
4s Bridge 1945-1955—.J&D
5s Road 1938-1939.—M&N
Multnomah Co S D No. 1—
4 Ms July 15 '38-'39—J&J15

to 2.30

M&S 6 3.00
F&A 6 1.00
F&A 6 1.00

East

to 3.75

—

to 3.50

to 3.70

6 Ms 1938-1948

,

to~4~66
to 2.60

Cuyahoga County—

31M

2.75

b 2.50

Feb 1 1939

OREGON

to 5.00

A&O 6 1.00

5s

b
b
b
b

2Ms May 15 1938-19403 Ms May 15 1941-1945
4Ms H'way '38-'49 (s-a).A&O
4s Highway 1938-1942—A&O
4s Highway 1938-1941
A&O

to 5.00

6s 1938-1959.

Columbus S D—

4.70

NORTH CAROLINA

%
2.10 %
4.75 %

to 5.25

M&S!6

6s 1949-1957
4Ms 1939-1953
4Ms 1938-1955

4.30

4.50
to 4.25

to 3.25

to 5.00

2Mb 1938-1951

Columbus—

to

6s July 1961
4Mb 1939-1962
4MB 1938-1968
4s 1938-1968
3Ms 1940-45
2 Ms 1946-47-48

3.60 %

2.50%

to 4.50

Cincinnati—

%

to 4.25

Par

gen

to

b 2.75
b 2.50
b 2.40
b 5 00

_

A&O
4Ms Dec 5 1939-42—J&D 6 1.75
4.40s 1956

to 4.55

Par

F&A

2Ms

2.00
2.40

%

Canton School Dist—
58 1954—

^

4Ms July 1 1938-'62
A&O
4Ms Marl 1939-'56—A&O

3.30s April 1 1938-1956
3.10s Oct 1 1938-1964

to

Astoria 5s 1953

5s Sewer 1953
M&S
6s Water 1944-1959—A&O 6 2.60

4.50

4s

1939-1958
3 Ms 1943-61

to 5.00

Canton—

^

A&O
A&O

to

Tulsa—

(See footnote *)

Cleveland Heights S D—

100
to

3.20
Par
J&D
J&D
3.25
Par
J&D
J&D b 3.25

1.00

5Ms July 1946
F&A
5Ms Wat & Pk *39-'49-F&A
5Ms 1939-1939
F&A
5s 1939-1947
F&A

to 3.00

97
1.25

1938-1951
1952-1980
3Ms 1938-1951
•3 Ms 1952-1963

2.75
2.70

1.00

5s Water

Sewage Dis 1938-65.M&N

5Ms 1941
M&S
5Ms Imp Feb WSl-F&A 6 2.40 to 2.60
5s July 1 1965
J&J
4Ms July 1943
J&J
4Ms Sewer 1955
A&O __J
4s 1938-1956
M&S 6 1.00 to 2.50
3Ms Sept 1 1938-62..
6 1.00 to 2.40
2 Ms Sept 1 1938 to 1956— 6 1.00 to 2.30
2Ms Sept 1 1938 to 1976.. 6 1.00 to 2.60
2s Sept 1 1939-63
M&S 6 0.75 to 2.20
Cincinnati (School Dist)—
3Ms 1940 opt 1912.._A&0 100
101
Cleveland—
5Ms 1940-1970
J&D 6 2.40 to 3.65
5s W W 1938-1968
J&D 6 1.00 to 3.35
4Ms Grad Cros'38-'54.A&0 6 1.00 to 3.30
4 Ms Fire Dep '38-'55_-A&0 6 1.00 to 3.40
%
4Ms 1938-1950
M&S 6 1.00 to 3.20; %
4s Sewage 1938-58
M&S 6 1.00 to 3.30;%
3 Ms 1938-1956
A&O 6 1.00 to 3.20 %
2Ms 1938-1951
M&S 6 1.00 to 3.10 %

to 2.10

J&D
4Ms San Sew '39-'82—J&J

3 Ms
3 Ms

to

5Ms 1938-1940
J&D
1939-1947.-M&S
4Ms Water Works 1941 J&J
Okmulgee 5s Mar 15 1943

to 3.60

3.75
3.85

4s Water Works 1942.A&O

2.00

J&J b 0.50
J&J b 0.50
J&J
0.50

to

1.00

4Ms Aviation 1939-53.J&J b 2.50
Oklahoma City—

to 3.75 %

3.75

Akron 6s 1939-1940
A&O
4.75
5 Ms 1939-1951
J&J
4.75
5s Water 1938-1953—A&O
3.00
4 Ms 1938-1947
A&O
4.75
4 Ms 1938-1952
A&O 6 4.75
4Ms 1938-1956
A&O 6 4.75

to

J&J

5s 1938-19451.50s 1938-1946

2.60

6s

'

1942
1938-1953

2.90

to 3.50

OKLAHOMA

to 2.50

0.75 to 2.75
0.50 to 2.75
4.10s 1939-1946
A&O
0.75 to 2.60
3.90s 1939-1948
F&A b 0.75 to 2.70
3Ms May 15 '38-'51-M&N b 0.50 to 2.60
Warren Co 4Ms 1939-'50.F&A b 1.00 to 3.20
5Ms highway 1939-'53_F&A b 1.00 to 3.35
Warsaw Union FrSDNo 10—
4Ms 1938-1942
Oct b 1.00 to 3.00
Watertown

4Ms
4 Ms

to

,•'

Forks—

OHIO

4Mb Pub Imp '38-'45_J&J15
4.20s 1939-1949
F&A
4.15s 1938-1950
M&N

3.25

1.00
1.00

Market 1938-1939
M&S
Zanesville S D 5s '38-'43.A&0

to 3.35

5s Mayl938
4s

%

Dtlca—

to

—A&O

to 3.30

J&J

5s Farm L'n 1940-45&'50 J&J'6
5Ms 1945 & 1948 ser O—J&J 6
4Ms July 1951 & *55
J&J 6
4Ms Jan 1957
J&J 6
Fargo 4s Aug 15 1938-54
6

3.75

f revenue 1977
A&O
106 %
108
4s serial revenue 1942-'68
b 2.25 to 3.75

.

to 3.40

1.50

—

s

4Ms 1939-1950
4Ms 1938-1970
4Mb 1938-1965

1.50

A&O

IVfuQTrAcoA—

6 1.25

A&O b
A&O b
J&D b
J&J b

3.20

NORTH DAKOTA

Thousand Isl'ds—See "Watert own
Ticonderoga S D No 5—

6s 1938-1940 reg

to 3.25

.A&O

4Ms 1938-1957.
A&O
Youngstown School Dist—
4 Ms
J 944-47
M&S
5s 1938-1944
M&S
Zanesville—5s City Hall &

to 3.60
to 3.65

J&J 6 3.10
J&J 6 3.15

to 3.25
to

6s Bdge 1938-41

to 3.20

1.50

1.50
1.50

1.50

1938-1959
4Ms 1938-1956.
Youngstown—

30

M&S

4s refunding

to 2.40
to

2.50
2.75

Toledo School Dist—

90

M&N 15

Sept 1938-1947

3s refunding 1956-68

to 2.60

to
to

Wharf I960—-M&S
M&S

to 3.70

4Ms 1938-1973
1948-56

3.00

to 2.65

1.00
1.00

4Ms 1938-1954
M&S15
4Ms 1939-1953.
M&S
4Mb Nov 1 1938-1953
4s Park.July- 1
1942—J&J

to 4.40
to 90

1.75

4 Ms 1938-1958

A&O

5s Sewer 1949

3.65
to 3.75

Imp 1939-60.J&J

1938-1940

£S^^J938-1944----F&A
6s Pub

Toledo—

98

3.80
1.75

5s

2.90
2.00

Summit Co—
2.25

W inston-Salem—

3.35

M&S

4s

3.75

1

2.10% Aug 15 1946-1947— b 2.25
1 Ms 1939-1946
M&S b 0.75

•

to

1.00

1.00

4 Ms Pub

to 3.00

5s

1.00

M&S

Springf'd S D 5s '38-'39-J&J2

Wilmington—

May 151938

Troy—

3.25

Springfield—

5s Ref & Impt 1955—-A&O
4 Ms 1938-1962
A&O

4s

4s

2.30

to

to 2.75

4.40
4.40

3.00

F&A
2.50
F&A
4.20
Rutherford Co 5s '38-'52—J&J
95
86
Salisbury 6s 1938-1941 —M&N
Transylvania County—
Road & Bridge 6s 1949-50— / 25

to 2.60

b 1.00

b
b
b
b

to

J&J b 1.00

-----

3.50
to

4.25

4 Ms 1939-1947
4Ms 1948-1959

to 3.00

5Ms 1938-1960-7—-M&S b 0.75
4Ks 1938-1944
M&N b 0.50
4.20s Dec 15 '38-71 J&D15 b 0.60

4Ms July 1938-'58
J&J
Tonawanda (City of)—
4Ms 1939-1942
J&J
4Ms Sewer 1938-1953..J&J
5s Water 1938-1950
J&J
5Ms Water 1938-1950-J&J
Triborougb Bridge—

1.00

__

Portsmouth City S D—
4 Ms 1939-1950

Randolph County—

b 1.00
b 1.00
b 1.00
b 0.50

J&J15
J&J15
M&S
M&S

1.00

Newark 4Ms 1938-1941.-A&O

to 4.75

5s Impt June 1 1944.-J&D
4Mb 1938-1967
A&O
4s 1946-1950
M&N
3Ms 1951-1956
M&N

3.00

M&N 6 1.00

1938-1971

1938-1946
3 Ms
1938-1951
3s 1938-1971
2.20% 1939-1957
2s 1939-1956

4.60

Ask

5s Flood E:
-jinerg '38-'42 J&D

Raleigh—

■

Suffolk County—
4 Ms 1938-1957
A&O
3Ks 1938-1951
F&A
2 M s B igh & ref i 939-57 M&S
2.20s June 1 1938-1962 J&D
Sullivan Co 4 Ms 39-'45.A&0
Syracuse—
5s

4.25

Bid

Montgomery County

to 4.50

5s Munic Bldg 1939—J&J

b 1.00
Solvay 4 Ms 1938-1940..-F&A b 1.25
Somers (T) 4Ms'38-'53.M&N b 1.25

5s

M&S
J&J

Bonds

4.40

M&N b 3.65

5s Fund June 1959

County—

4 Ms
1942-1958
5s Dec 15 1938-1948

„

6s Ref Nov 1950
Pitt County—
4 Ms 1943-1947

to 2.50

to 2.60

J&J b 2.30

1.80s 1938-1950

Schenectady

2.75

to

1939-1960
1938-1944-A&O b 0.60
1938-1955
A&O b 0.50

Oct 15

b 4.60
6 2.75

or

Net

Ask

1938-1950
Lincoln Co—
5s Bridge 1939-1951—F&A b 2.50
Mecklenburg Co—

to 3.00

b 0.60
J&D b 0.60
A&O b 1.00

*42-F&A
A&O

4 Ms

Schenectady—
5s Dec 15 1938-1941
4.30s 1938 1948

Bid

Iredell Co 5s Aug 1

1.75

to

Yield Basis
To

or

Bonds

Net

J&J

5s June 1 1962 opt *52. J&D

i 5s

Junell 1982 opt *52.J&D

4Ms May 1948
4Mb Nov 1 1948

1.00 to 2.30
2.30

to 2.90

.J&J

107M
107M

117

H5M
H5M

...

...

109
...

to 2.70

2.70

J&J

114
113
113

taxable, all bonds issued prior to that[date are tax-exempt.

1

bJBasis.

/ FlatlpHce. n Nominal,

AND MUNICIPAL BONDS

STATE

98

Quotations for all securities are as near as possible for the closing day

1946

4s July 26 1972
3 Ms July 1 1986

2.60

to

to

1.75

4s 1940-1955,

6 2.00

to 3.40

4mb 1940-1967
------4Mb Jan 1 and Feb 15 1939—
4Mb Jan 1 1939.
4 ms Dec 1 1939
4mb bridge 1944-1945
6s July 1 1943

6 2.10

to 3.60

6 0.50

'0

.50
f

to 98
to 98

98

to

2.60
to

2.60 %

to

3.00

5 Ms road
Chattanooga—

3.10

to

1.10
1.10

6 1.70

1.25

6 3.20

3.00

6 3.00

2.75
3.10
90

1 1959—j&j / 84
/ 85

95

_

.

3 90
3.90

6 4 20

6 4 20

a&o
'52m&n
Hospital 1954—-—m&s

6 4 20

3 90

*39-j&J

6 3.00

2.50

6 2.80

4Mb Road 1947 opt

2.60

Highway 1947—j&J
5% Co Memorial '38-'50j&J 6 1.00
78
Dyer Co ref 3 m-4 Ms 1965
Fayette County—
4Mb Road 1958
j&J 6 5.00
4Mb

2.00

to 3.00

82

4.70

0.75
6 "0.75

to
to

J&D

6 "2.80

4mb,

1940-1958

Hamilton

1.45
2.30
2.70

3 75

6 4.00

3.85

6 3.65

3.50

County

ja4msnref

Cranston—

6 4.10

.

4m% Refunding
5% Bridge 1944

1957-a&o

1939-1948—j&j

6 1.50

1.40

to 3.40
to 3.60

a&O

Par

to

2.30

Par

to

1.25 %

to"3.50]%

Refunding 4Mb Jan 1 1958-

to

Refunding 4ms Jan 1 1958Refunding 5s Jan 1 1958—_
Refunding 6s Jan 1 1958-—

„

„

2.30,%
2.70

2.90

-J&J

3.40

4Mb Sewer 1952

-J&D

3.40

4Mb School 1954

M&N

4MB 1950

Providence—

3.50

91
93
95 m
101

J&d
-J&J
A&O

1945

4s Oct 1 1954

6

Par

2.75

to

I
.90
2.55

--J&J

4s May 2 1957
4s Water 1962

2.55

M&N2

4s July 1956

2.60

1938-1950
3s 1944-1951

J&d
A&O
J&D
-J&D

1939-57

F&A

4s Oct 1 1964
w

WPA School Loan-—

2.70
2.70
Par

6

2.60

to

6 1.80

to}2.25
to.2.30

6 Par

&

to

2.60 %

1938-1961-.--M&N 6 Par
4MB 1938-1967
-J&D 6 Par
4Ms Funding 1944. .—M&N
4M» 1938-1967
J&D 6"1.00

to

4.25

to

3.75

J&J

General Obligation 4mb.—
General Obligation 5s——

93
95
97

Funding 5ms Sept 1950—

4Mb June 1938-1957--. J&D 6)1.00
5s 1938-1942
M&N 6 1.00

1938-1959—A&O
4s Funding 1947
A&O

6 1.00

3°. 15
i

to'3".60
tol3.60
to 2.75
to 3.75

*
20

Grimes County—
5 Ms Road 1938-54.a&o 10 6 3.00

to 4.40

%

Harris co—

4Mb Apr 10 *38^56.a&o10 6 2.00
4mb Road Apr 10 '38-'60— 6 2.00

to 3.25

to 3.25

Houston—
5s Sewer 1939

m&n
4Ms Sept 1938-1952—M&N
4mb 1938-1957
j&J
4m Impt 1938-39 (s-a) j&J
4mb Impt 1940-55(s-a).J&J
_

2.25
6 1.50

to 3.25

6 1.50

to 3.25
to 2.00

6 1.50

6 2.25

to 3.25

6 2.50

to 3.00

6 1.25

to

6 2.00

to 3.25

6 3.00
6 2.00

to 3.25

6 3.00

to 3.50

F&a 6 4.00

to 4.50

6 2.00

to 3.25

6 2.00

to

6 2.50

to 2.75

6 2.00

to 3.25

6 2.00

to 3.25

6 2.00

to

4mb 1942-1947
2Ms and 3s 1941-1968.j&j
Ind Sch d 3s '39-'66..F&a
Houston s d 5s Feb 1952
4mb 1938-1951
.j&D
Palestine 5s Sch Aug 1 1939,
1944. '49. *54, *59.'64

3.25

to 3.25

Port Arthur—
5a 1939-1970

5Ms w w 1938-65—m&n
5s Sept 1938-1959
m&s
5s St Impt Dist No 2 1943—
4mb 1939-1967
J&J
4mb 1938-1968
f&A
3s July 1 1938-1951
j&J
San Antonio s d 5s *56--F&a

3.70|

3.00

f°25
390

4Mb Oct 10 '38-'59—a&o10
Waco—
5s Water Works 1942-j&j 6 3.50

to 3.75

4Mb Water 1938-1968-J&J 6 3.00

to 4.25

3 m % to 4 m % due

90

88

1969-5--

4Mb ctfs indebt '39-'53__j&d
4s lnstitu'1 1938-'59
J&J
3 Ms Refunding 1940-553 Ms State Highway—
Ctfs of indebt 1U40-49. J&D
State ctfs of Indebtedness
3s Jan 1 1939-1952
J&J
2Mb Highway Oct 1 '45-'54—
Aiken Co 4 Ms 1939-1945.F&A

to 3.25

6 2.Of)

to 3.50

%

6 2.40

to 3.10

%

6 2.40

to

%

2.90 %

6 0.85

to 3.00

6 2.90
6 2.40

to

%

3.15 %
to 325 %

Co—

4Ms Highway 1939-43.F&A 6 2.50
103
Charleston—4M» Jan '62-J&J
100
4s Refg 38 'f«x-exem)_J&J
3 Ms Wat Works *38-78A&O 6 2.25
95
Oheraw 5» 52 opt '32.-July 1
Clarendon Co—
6s May 15 '38-'40-M&N15

to 3.25

6 4.00

4s Funding 1952-62—a&o
Madison County—

4m% Highway '38-'49 J&d
Memphis 5s July 1954—J&J
5s River Term '38-'48_A&0

6 1.00

4Mb Water 1938-1962--j&J
4Mb Water 1949
j&j
4Mb Park 1959
A&o
4Mb 1938-1955
J&d
4s 1938-1954
m&s

98
103
92

97
100
3.90 %
100
to 3.75

6 3.40

.25

6 1.00
6 3.15

to 3.25
to 3.20

..

3.40

3.00

i

3.30

3.10

>

Greenville—5s St 1942—J&J
3 M® water ref 1939-76 M&N

>

3.30
3.25

3.10
3.10

»

2.25

to

Greenville Co 4Mb '40-'55_ J&J

»

2.50

to

3.40
3.40

)

2.00

to

3.25

4Mb Highw 1939-1945.f&A

to

Greater Greenville Sewer Dlst

M&N

4Mb 1967

6 4.25

6 1.00
6 2.00

1.50

6 1.00
6 1.00

to 3.10

6 1.00

to 3.25

6 1.00

to 3.00

6 5.10

4.75

Polk Co 5s 1938-1946

J&d

to 3.25

6 3.40

3.20

1957—a&o 63.15
Aud Mkt h'se '49—m&s 6 3.25

3.00

f&A

5s

4m% Jail 1940-1951--M&s 6 2.00
Smith County—
1.50
5Mb Fdg 1939-1958—j&j

Tipton County—

1939-1940-F&A

6 2.00

to

3.50 %

4Mb 1939-1941
M&S
Spartanburg—
4Mb Water 1939-1965.J&J
5s Sept 1 1939
5s Nov 1 1943

6 2.00

to

3.15 %

4mb Road .mly 2 38- 58j&J
Washington County—5% Fdg Jan 1 1954
J&j 6
White County—
6
5m% Highway 1955—m&s

to 3.75

6 3.00
6 3.85

2.75
3.50

%

i

Sumter Co 5s 1939-1952--J&J 6 2.10

3.25 %
to 3.80

York Co 4Mb 1939-'50—J&J 6 2.00

to 3.50

to

i

6s Sept 1941

to

2.75

m&s

1939-*40

5Ms Jan 15 1943

3.25

less 1

j&d
J&j15

1.50

to 2.50

1.50

to

J&j15

3.70
3.25

Rural Credit 1942—j&j

2.75

less 1
less 1

Rural Credit—

1943-*50—m&n *63.60 to'3.90 %

1 *43-'49
3 Ms 1943 to 1946
3s Feb 1 1947
6 Basis.




f&A 6 3.40

F&a
F&a

100
97

/Flat price.

2.00 to 4.25
4.40

4.00

4.00
3.75

to

3.70

101

92
101

95

109

5s 1940-1965

4mb 1938-1970
4s 1942 opt 1922
3Ms 1938-1952
4s 1953-1977—
Brazoria co—
5Mb Impt Apr 10
Cameron County—

4mb

to 2.25
to 3.50

1.40
6 0.60

to

6 2.10

to

1.30
2.40

3.00
2.20
1.60

6 2.40

1.90

VERMONT

1938-48
j&d
4ms Oct 1 1938-1949—a&o
Middlebury 4s 1941
m&n
Rutland 4 ms 1946-48
j&j

6 0.75

tc 2.15

6

to 2.25

0.85

6 4.25

4.00

6 2.85

2.70

to 3.50

A&o 6 2.00
A&o 6 2.50
j&J 6 2.00
j&D
a&o 6 2.00
a&o 6 3.70

1939-1942

VIRGINIA
4s

(Commonwealth) 1962
3 m % ctfs of indebt July 1 * '39
2 Ms Refunding 1947-'60—j&j
1Mb Refunding 1938-*46—j&j
AlbemarlaOo 5s 1948
j&j
Alexandria 6s 1938-1956.a&o
Arlington Co 5 Mb "39-'54 F&a
Bristol 5 Ms Sch 1939-53 j&j
Charlottesville 5s 1962—M&S
5s Water Impt 1958—j&j
Danville—
4Mb Ref Aug 1942
f&A
4Mb July 1 1939-1950-j&j
Fairfax Co 4Mb 1945—f&a2
Henrico County—
School 5s 1939-50
j&j
4Mb June 1 1957
j&d
-

t

«

m&s / 61

1939-1957— / 61
Corpus Christ! 5s fd '67-f&a
97
6s Water 1938-1959—f&A / 50

M&n 6 2.00
M&n 6 2.00

to 4.15

100
to 3.75

to 4.15
to 4.25

63

63
100
55

4Mb Water 1951
j&j
4s Pub Impt 1939-1959.j&j
Newport news—
4mb 1948
j&d
4Mb Feb 1953
F&a
4s street Nov 1 1941—M&N
Norfolk—
3s Jan 1 1939-1948

E15a^w,Wpurch

1950—a&o 6 4.00
5s'Impt Aug 1 1948—-f&A 6 4.00
4mb 1938-1960
...a&oi6 2.00

3.25

3.25

6 3.00
6 3.00

to 3.25
to

3.50

50

3.00
3.00

6 3.50
6 1.50

to

3.50

6 4.00

to

3.50

6 4.00

to 3.50

6 4.00

to 3.50

to 2.90 %
6100m to99M

5ms 1951
f&A
4Mb Impt Oct 1 1942—a&o
4Mb Sch and Sew 1938.j&j
4mb 1938-1954
j&j
Water 1948

6 4 .00

3.50

6 4.00

6 4.00

3.50
3.50

6 4.00

3.50

4mb 1949
4mb 1958
4Mb July 1 1964
4Mb July 1 1941
4Mb July 1 1965
1939 to

qq

1943

4s

Light 1942

6 4.00
6 4.00

3.60

3.50 %

2.80

1943

2.80
2 80

2.25
2.80
2.40
2.25
2.40
2.40

j&j
j&j

j&j
j&j

Roanoke—

4Msj,Street Impt May 1940
s.Pub.Bldg 1941—m&n
s Pub Bldg 1944—m&n
s April 1952
A&O
_s Jan 1 1939-1958
j&j

6 3.50

3.00

6 3.50

3.00

6 3 50

3.00

6 3.50

3 00

6 0.50

to 2.30

Staunton 5s (1938-58
m&S 6 2 50
Tazewell Co ?5s 1939-40—j&j 6 2.50

to 3.50

.

3.75
3.75
to 3.90 %

3.50
3.50
3.50

j&j
j&j
j&j
j&j
j&j

1941

4s Elec

to 3.50

350

6 4.00

Richmond—

4s

to 2.75

6 4.50

6 4.00
j&d 6 4.00

to 3.50

Washington County—
5s school 1939-49—-..j&j 6 2.50 to 3.50

98

J Optional to Jan. 1

to 4.25

6 3.75

6 1.00

3s Jan 1 1949-1958

to 3.25

to 3.25

98

62 50
6 3.75

1.00

to 3.25
to 2.50

j&j

to 3 .50

Portsmouth—

M&n 6 2.00

10 1951— 6 3.25
5s Vlad't & Bridge Feb 10
1954 opt 1924
Apr 10

to 3.40

Lynchburg—
4Mb Pub Impt 1939—j&j 6 1.50
4Mb Pub Impt 1946—j&j 6 3.50

to 4.10

4m 1946-65
M&n 6 2.50
4s School 1938-1951---j&j 6 2.00
2 ms 1938-1957
Dallas Co 4Ms Apr

2.65

1.00
6 1.50

2.75

4s

1938-1960--1

101
100
6 3.00

to 3 25

to 2.25

—

5s Road Mar 15

100

6 1.00

5e

1956-1965 6 3.75

125

6 3.00

4m% April 1941-47
5% Water May 1952
5% Port Terminal May '52.
5m% School Oct 1961
Petersburg 4Mb 1952
a&o

to 3.50

1954.M&s

5s 1938-1939

4m« 1938-1970
4m 1938-45
2.00

3.90

j&J b 3.25

Beaumont—•
5s Water Works

5s

SOUTH DAKOTA
5s Rural Credit "38-'40—a&o

to

j&J 6 1.75
J&j 6 1.75
j&j 6 1.75

5s 1938-1942

4mb 1939-1961
4mb 1939-1953
4Mb 1954-1958

^

6 2.80

Spartanb'g Co 4 Ms'39-'47M&S 6 2.00

5s June 1 1938-39

6

3.00
to 3.10

Austin—

Kersnaw Co—

1.20
0.85
0.85
to 2.40

to 3.00

'59-*65——
Amarillo4Mb'39-'58_M&s 15

I

6 0.75

3 Ms

to 3.25

6 1.00

Abilene 5s Feb 15

4.00 %

1.10

to 2.50

61.00

TEXAS

I
!

6 1.30
6 1.10

_

A&o
1939-1960---M&S
58 Memorial Sq '38-50-m&s
4Mb High Sch 1940
j&j
4Mb Hospital *39-'56--j&j
4mb 1938-1968
m&N
4mb 1938-1967
-j&J
4Mb 1939-1948
M&s

%

2.50

)

5a Ref 1941..M&S
4Mb Water 1945
J&J

Columbia

91

3.25

6 1.00

5Ms April 1 1941
j&j
4Mb Road 1939
j&J
4 ms July 1 1939
j&J
Ogden 4m% 1938-1945-.f&A
Salt Lake City—
5s Refunding 1941.....J&J
4s Ref 1938-1945
A&o
4s Ref 1946-1965
A&o
Salt Lake City s d—
4s May 1 1949
m&n
Salt Lake Co 4Mb Apr 1 1942

3.00

6 3.40
6 1.00

6s 1939-1942

100 m

100

&

to 3.25

%

w

19

to 3.15

6 1.00

104
to 3.30

pages

95

4s Courthouse

6 2.00

STATES—See

UTAH

93

Robertson County—

Leas 1.

to 3.25

UNITED

95

97

4 Mb Road 1948
Shelby County—

SOUTH CAROLINA

*

3.00

to 3.25

2.00

3.60 %

5s March

2.50

-J&D

5s Funded

—

Nashville—

_

_

4Mb funding 1941
6sFund

_>ue May 1
Ref 4s Aug

to

96

Montgomery co—5s Cumber¬
land River Bdge 1953-f&A 6 3.60

,

6 1.90

3s 1946-1965
Woonsocket—

90

Water 4Mb

_

4Hs 1938-1959

15

4.15

2.50
2.00

_

General Obligation 4Mb-—

Pawtucket—

5s Jan

to

Knoxville—

0.50
0.40

to 3.50

93
5Ms Impt 1938-1946--j&D
Knox County—
4Mb Bridge May 1 '51 M&n 6 3.90

__.

5s Highway
Marion Co—

to 4.15

1.25

Johnson City—

Par

—

Newport—
4Mb 1939
M&S
58s June 1 1938-1953-.--4K« May 1938-1942.-M&N
4s May 15 1948
M&N
g High sch 1954.J&D

.

to 3.00

Refunding 1941——-j&j
Sch d 4s \39-'64-_F&\
1938-1967.m&N

Tnd

Wichita Falls—

'39-73.M&S15

4s 1939-1966

Anderson

to 4.10
to 4.25

Tarrant County—

Gibson County—

100

to 4.00

San Antonio—

Davidson County—

2.00
to 2.60
to

6 2.00

; 2KB

3.20

Cocke County—

...

to

2.90

6 1.40

5s

3.20

to

2.70

6 1.40

4mb School 1956
4mb Memorial Aud

to 2 65

to 2.70

6 3.25

April 15 1946-47

Carter County—
5s funding Jan

island

4Mb Mar 15
6s 1938-1942

to 2.80

3.50

8% Public Wks 1951-56-M&S
4s Oharit Inst 1965
M&S

4s Jan 1

Sept 1 1946

to

4MB 1939 1940... -—J&J 6100M
4Mb Impt 1940-1945—-J&J 6 2.00
York 4 Ms 1939-1943
F&A 6 1.10

1939-43...-J&D

101

Net

to 4.15

2.70
2.00

5s Grade Raising

1.75

to 2.60

3.80
2.00
2.00
2.00

A&o

3 Ms Nov 1
Galveston—

99

Ask

1944-a&0
5s School
1939-1954—m&s
5s 1938-1956
A&o

1

less

1.75

4Mb *39-'4l—F&A 6 1.80
5s 1939-1950.
F&A 6 1.90
Scranton School District—•
4Mb 1939-1956
J&J 6 1 80

'38.M&S
J&O

6 2.50

1947-1948
j&D 6 99
6 2.85
Sept 1 1944
;.
6 2.90
Sept 1 1945
1948
—J&d 6 3.05
6 3.40
3.90s Sept 1 1955^-1958

6s

Wllkes-Barre—

j&D

1 1940

2mb
3 ms
3 Ms
3 Ms

1938-'56 —J&J 6100

1977

F&a

4s

3.50
to 2.50

Scranton

4s June 1

4 Ms 1939-1964

3s

to 3.50

2.50

4M% 1953
Reading os Impt 1943-49.J&J 6 2.25
Schuylkill County—
4 Ms 1939-1955 ...—-J&J 6 1.75

June 1

90

TENNESSEE

2.50

2.00

to

Public Works Relief—

lg%

85

ioo"

98

2Hs98ch"Dlst 1939-62". A&O 61.00%

1M % Unempl Relief
1H% June 1 1939

F&a

106 m

^

rhode

J&d

4mb 1939-1971---

Fort Worth—
5s 1951

103

_J&J
opt 1956..

1939-1958.P&A

5s 1938-1959

70

5 Mb Dec

Operating Revenue—1 Ms Apr & Oct 1938-1941 6 0.40
Pittsburgh—
4Mb 1938-1950.
J&D 5 1.00

2Mb Feb 1

85
60

90

co—

Sioux Falls s d—

103 M
104 M
105 m

Philadelphia School Diet—
4Mb 1938-1943
..J&J )
4MB 1941 1959...... M&N )
4M® Apr 15 1939-58.A&0151 >
4s 1938-1942
J&J )
48 1938-1956
j&d >

2 lis July 1

85

4Mb fund 1938-'47.M&n15
Perkins Co 4 m» fd 38-'47 j&d

103

J&J
J&J

80

Jackson

106
106 m

105 m
102M

J&J

.

1966

4s Nov 1

104 m

Ask

Net

To

or

Bid

Bonds

Net

Bid

Stanley Co 4 ms fd *43-*48 J&d

Ask

Bonds
Corson Co 5s fd 1938-'47 M&n

Philadelphia (Concluded)—
4Mb 1976 opt 1946
-4M» Dec 171978
J&J
4s July 1939
J&J
4s July 1942_
J&J
4s Feb 16 1955

Yield Basis

To

or

To

or

Bid

Bonds

4s Jan 1

of the month preceding the date o' issue

Yield Basis

Yield Basis

1938 at 105. 1943 at 104, 1948 at 103, 1953 at 102 and 1958 at 100.

April, 1938]

STATE

.

Quotations for all securities

AND MUNICIPAL

Yield Basis

'

Bid

Yield Basis
To

or

Bond*

Ask

to

4**% Gen oblig 1938-1943J&J b 1.25
4% Gen oblig
1948-50 b 2.80
3tf% Gen oblig
1950-51 b 2.80
3*4% Gen oblig
1951-52 b 2.80
Clark Co 5**s p52 opt '33 A&O
101
Refunding 6s 1953
M&N

to 2.25

1.50

to 2.90

to 2.90

2.90

to

3.75

Everett—
4**s Gen oblig wat_1938-59 b 1.50

to 3.50

%

Revenue Bonds—
5s Water ref
1938-45 b 1.75
3**s Water ref—1938-39 b 1.75
2*is Water ref—1940-42 6 2.25
County—

to

to

2.50
7a
2.25
7a
2.50 %

Is
4**s

Bridge 1939^9.M&N
1938-1950
M&N
Pierce County—
4**s 1938-1944
Port of Seattle 5s '38-'55 M&S
4*48 Jan 1939-1955
J&J
Seattle—
6s 1938-1941 L & P...A&0
6**s L & P 1938-43—M&N
5s Light & Pow 1942-56A&0
4** Lt & Pr 1939-'58_.M&N
Gen oblig 4**s *38-'40-A&0
4*48 1941-1955
A&O
4*is 1938-1957
A&O
4s mun lt & pr'38-'53_M&N
3** mun It & pr '43-53 A&O
3 **s mun lt & pr '38-'54A&0
Seattle School Dist No 1—
4s
1946-1950
M&N

6 3.00

to

6 1 75

Bid

Spokane—
4*4s Park 1962
J&J
4s & 4**sref 1938-51—J&J
3*4s Ref 1943-1954 _—J&J
4*4s 1939-1954
M&S
5*4s 1939-1953
J&J
5s Imp—Mar 1 1939-'42—
Spokane Water Revenue—
4**s-4**s 1938-41
A&O
Tacoma—Revenues—
4*4s Water '39-'43 (s-a)J&J
4*4s EIL&P '42-'46(s-u)J&J
4*4sEIL&P'38-51(s-a) A&O

Ask

to 3.25

6 2.40

to 2.40

6 2 00
6 2 00

to 3.40

%

to 3.60

6 2.00

to 2.50

6 1.50

to

6 1.25

to 3.50

6 2.00

to

3.25
3.50

6 2.00

to 3.00

6 2.50

6 2.50

to 3.25

6 2 50

to

b 4.25

to 4.60

4.00

3.00

to

4.60

3.00

to

3.50

3.25

to 4.10

3.00
3.00

to 4.10

6 3.50

to 4.20

6 3 00

to

4.40

to

6 3.10

4.25

5*48 G O sewer 1939—M&N
5a Wat rev 1938-'51—J&D 6 2.00

to 3.25

WISCONSIN

10

(Hartford)
Aetna Insur (Hartf)
Aetna Life (Hartford)

10

Agricultural (Watet'n)

25

Amer Alliance (NY).
Amer Equitable (N Y)

10

—

10

5

Amer Fire (Wash'ton) 100
Amer Home Flre(N Y)
10
Amer Insur (Newark)
Amer Reinsur

(N Y) _

Amer Reserve (N Y)
Amer States (Ind'nap)
Amer Surety (N Y)_

10
10
25

Automobile lns(Hartf)
Baltimore Amer

10

(Bit)

2J£

Bankers & Shipp (NY)
Boston (Boston)
100
Buffalo Ins Co (Buff) 100
OamdenFire (Camden)

6s W W

3*25

to

4*4s
4*4s

6 2.35

%

to 2.65

6 0.25

to 2.45

J&J 6 2.40
3*4s 1951 and 1952
J&J 6 2.45
3*4s
1943-1952
J&J 6 2.0./
3s Sept 1. 1938-1946
M&S 6 0.50
2*4s Sept 1. 1946-1960- -M&S 6 2.20
2 *48 Nov 1 1938-62
M&N 6 0.50
6 2.15
2*4s May 1 1944-1962
1.40% July 1. 1938-'39—J&J 6 0.25

to 2.50

*27J&J

to 2.50

5

1938-1941

6s

to 2 00
to 2.40
to 2.40
to 2.60

to 2.40
to 2.60
to 3.25

F&A 6 1.00

to 2.75
to 2.75

to 2.50
to 2.50

Wood Co 58 1938

to 2.20

A&O 6 0.50

to 3.25
to 3.75
to

1.25

to 2.40
to

1.00

WYOMING

100*4
to 3.60

Clarksburg 5s 1938-1953.A&0 6 1.00

to 3.50

4s Road 1951 opt 1941—A&O 6 1.75
Natrona Co S D No 2—
5a
1938-1944
J&J 6 1.50

1.25
to 3.25

possible for the closing day of the month preceding the date of issue

Unearned
Premium
Reserve

15,222,624
20,016,996
6,655,795
5,356,163
1,945,247
4,430,055
77,748
841,394
11,982,022
1,185,624
2,188,793
934,306
5,941,659
9,028,811
2,484,927
3,303,633
4,694,847
2,276,425
5,235,713

500,000

5

400,000

10

1,500,000

Nat'l

745,006
498,031
889,159

784,722

r
Par

11*

15>*
37

20
59

21*4

Knickerbocker (N Y)
Lincoln Fire (N Y)
Manufacturers Cas'ty
(Phila)
1

639*4

Maryland Casualty..
Bonding & Ins
(Boston)
Merch Fire Assur /com
(New York)
|pref

21**

115
8

"9

9

10
27

Merch Fire (Denver).
Merchants & Mfrs Fire

29

30

100

Conn Gen Life (Hartf)
Continental Assurance

10

10

2,000,000
3,000,000
1,000,000

2,808,328 38,822,179
6,210,523 188,156,229
3,695,297 22,263.915

34

23**

24**

4
71

74

20

5

525

545

325

400

16**
18**

14*4

—

2i1

1,750,000 5,013,966
5,000,000 51,759,596
815,000
445,769
1,500,000 2,500,000
755,095
605,381
4,000,000 10,519,950
2,400,000 5,515,051
3,750,000 40,351,755
1,000,000 1,558,499
2,000,000 9,422,201

10

"

(Wash'ton)

20

300,000

Fire mans Fund (S F).
Flremens Ins(Newark)
Franklin Fire (Phila).
General Reinsurance_

25
5

Georgia Home

10

Gibraltar

Fire & Mar
Falls Insurance

10

7,500,000
9,376,690
3,000,000
1,000,000
500,000
1,000,000

(Glens Falls, NY).
Globe & Republic
Globe & Rutgers Fire.
2d preferred

5

5
5

334,421
13,142,938
7,232,618
6,880,363
5,285,913
684,304
905,995

Brunswick Fire
(New Brnns. N J)..

5
15

15

New

(New York)

1

1,000,000 2,802,013
8,150,000 22,399,846
2,000,000 1,702,507
10 4,000,000 5,213,048
10 12,000,000 47,714,286

29

20

21

21*4
2

(Minneapolis)

22*4
2*4

38

32*f

34**

75*4
22*4

(Hartford)

23*4

11"^

Id""

62

"66"

6*4
17*4

19

27

29

19

21

17

Providence
ton

60**

62**

44

46

6,429,741

10

Homestead Fire (Bait)
Importers & Exporters
(New York)
Insurance Go of State

10

8**

23

24**

10

3,000,000

8,430,465

4,414,095

34 J*

36**

1,000,000
916,498
1,000,000 2,064,269
2,000,000 12,030,562
1,000,000 4,581,784

1,901,658
2,198,357
5,811,786
4,746,269

30
12

33**
13**

20**
74 **

22**
77**

8,719,926
51.585,447
2,205,218

?«

8*4
19

31* II*
2

1,222*065

12**

14**

7K

8*4

1,000,000

917,667

575,705

22

27

2,000,000 5,240,607
1,000,000 2,250,533
1,000,000 1,106,461
1,000,000 2,335,991
1,000,000
942,240
400,000
405,645
700,000
220,322
1,000,000 2,054,726
6,000,000 38,182,317

5,317,985
802,908
17,345,695
3,357,453
30,667,113
117,498
11,958,021
554,995
8,255,808

100
23

115
11

95

75*

if*

■;p

64**

66**

2,809,172

1,798,467

13

_

_

10

15

3,000,000

5,284,542

4,529,207

23**

25**

2

10

1,000,566 2,550",505

10

2,000,000
1,000,000
1,000,000

10

(Prov).
American

(Rochester).,
Rossia Ins (Hartford)

10

St Paul F & M (St P)_
Seaboard F & M (NY)
Seaboard SuretyjNY)

25

Security Ins (N Hav).
Springfield Fire & Mar
(Springfield, Mass)
Stuyvesant Fire (N Y)

10

5

10
10

25
5

6

946",721

17

7
19

21

22*

712,088

2,349,153
1,384,273
1,525,045

4

6

1,683,639
923,767
4,000,000 23,309,581
1,000,000
651,498
1,000,000 1,000,000
1,000,000 3,244,267

836,660
3,084,449
9,303,853
658,242
740,619
4,203,693

23

26

5,000,000 12,485,056
500,000
741,327

12,004,391

2,986,748
921,333

1,000,000
1,500,000

17**

3**
177

10

(Philadelphia

1,000,000

958,018

10 12,000,000 54,240,005
(Philadelphia)
Kansas City Life (Kan¬
sas City. Mo)
100 1,000,000 6,162,223

2,086,422

20

28

27
96

94,734,162

48**
375

49

400

99

6,861

4

340

410

346

356

Ass'nceJOas)

anty (Baltimore)...

2

U S Fire (New York).
U S Guarantee Co...

4

.

Virginia F & M (Rich¬
mond)........
West Coast Life (8 F)
Westchester Fire (NY)
Wisconsin Nat Life

10
8
25
5

%

2,000.000 6,005,215
2,000,000 16,277,857
2,000,000 4,253,298
400,000 1,007,164
1,000,000
375,000
1,000,000
400,000

.

Company

merged with American Reserve Ins. Co. in 1930.
2d preferred, and $75,000 $5 Junior preferred stock.
a




was

9**
19**
28**

100
2,000,000 18,118,207 58,851,773
Travelers Fire (Hartf) 100 20,000,000 28,057,816
784,893,059
U S Casualty conv pref
2
1,000,000 1,721,455
2,395,134

Sun Life

Univer Ins (Newark)

21,114,464

4**
186

7**
17**

,

934,590
1,042,256
8,163,259
537,348

14,377,490
9,773,756
2,817,550
387,306
625,063

7**

9

10**

42

44

44**

47**

7

8**

25

28

23**

llH

15

17

21,698,853
5,445,542
6,890,470

5

7

U S Fidelity & Guar¬

200,000

Insur Co of Nor Amer

No par value.

24

10

90*

1,000,000

Reliance Ins (Phila)..

73

i

"93""

88

1.707.901

ReinsuranceOorp(NY)

Rochester

4H

Washing¬

(Providence)

18*4

10**

25*4

2,736,467
200,088
402,971

-

| Republic (Dallas)
Revere (Paul)
IW Rhode Island Fire
23

24

1,000,000
4,932,000
1,000,000

18**
46**
5**

42

"25""

1,403,713

10

36

4,805,714
38,201,787

3,000,000

im

39

20

1.000,000

Accident
(New York)

18**

34

21

5 15,000,000 38,657,540

4%

Preferred

7**

19

10

7**

3**

3**
39

10

Phila Life (Phila)
Phila Nat (Phila)
Phoenix Ins (Hartf)..

28

1,059.053

10

Home (New York)
Home F & M (8F)„.
Home Fire Security

6**

1.104,343
863,183
15,336,951
6,687,915
99,794
7.211,703

36

7

Occident,ai Ins (S F)..
Old Line Life (Milw)
Pacific Fire (N Y).._
Pan-Amer Life (N O).
Peerless Casualty

5

79

3,994,343
13,502.357

Hartford Steam Boiler

1,519,452

2!8

5,902,149

NorthwesternNational
(Milwaukee)

40

5

(N Y).
Hartford Fire (Hartf)

640,670

2J*
29

115

Northwest Fire & Mar

80

10

Hanover Fire

1,137.150

11

Fire

27

70

Indemnity

Great Amer Ins (N Y)
Halifax (Halifax, NS).

Hampshire

(Manchester, N H)

70

6,561,640
2,553,973
1,442,339

718,360

2

4,000,000

New Jersey Insurance
(Newark, N J)
New York Fire
North River lus (N Y)

..

2,500,000 6,591,820
1,000,000 1,345,528
1,200,000 16,584,985
1959,745

400,000

9**

1,000,000

Northern Ins Co(NY) 12';

8,418,754
20,522,705
1,097,509
3,851,702
441,123
2,724,679
6,364,068
15,367,997
3,402,136
9,317,827
254,220
12,954,358
12,995,622
7.676,380
2.363,558
1,126,382
1,445,326

4,897,527
4,059,443

1,000,000

I

2,512,137
7,406,132

1,000,000
733,549
750,000
750,000
5,000,000 20,031,369
4,000,000 7,061,655
100,000
325,721
1,100,000 5,071,361

2o1

1,444,670
11,531,659

2,000,000
12,500,000

12

1,967,908
4.773,543

New

it*

share

1,939,435
166,918

1,000,000
2,544,798

Nat Union Fire (Pitts)
Cas

19**

Ask.

Per

2,051,004
161,527

New Amsterdam

18**

Bid.

1,000,000
210,000

(Newark, N J)
Insurance
(Providence)
National Cas (Detroit)
National Fire (Hartf)Nat'l Liberty (N Y)._
Nat'l Union (Wash)..

Continental

Casualty
(Hammond, Ind)
Continental Ins (N Y) 2*4
Eagle Fire (Newark).
Employers Re-ins(KC)
Excess Ins (N Y)
5
Federal Ins (Jer City'
10
20
Fidelity & Dep (Bait,
Fidelity-Phenix (NY;
Fidel & Guar (Bait)..
Fire Assoc of Phila
10

%

Merchants

32

24

Life

(Boston)

Reserve

$

Mass

3

2,526,605

Premium

1937

$

Ask.
share

17*4
19**

Lnearned

Surplus
31,

Capital

Dec.

Bid.

(Baltimore)
10

♦

J&J

to 2.75

0.50
0.75
0.75

Racine Co 5s 1939-1940—J&J 6 1.25
4*4s 1938-1950
J&J 6 1.00
Superior 4?*s Sch *38-'44_J&J 6 1.00

to 2.25

J&J 6 1.00

are as near as

3,000,000 14,075,487
7,500,000 15,600,498
15,000,000 18,326,607
3,000,000 4,014,483
3,000,000 3,103,032
1,000,000 2,868,502
200,000
358,810
1,000,000 1,064,482
3,343,740 10,042,548
1,000,000 3,028,762
1,000,000 1,289,054
300,000
301,393
7,500,000 4,072,585
5,000,000 7,185,126
1,500,000 1,426,661
1,000,000
1,582,925
3,000,000 14,706,570
1,000,000 2,197,738
2,000,000 4,221,644

Louis)
City of NewYork(NY)

of Pa

1938 1944

1.00

Milwaukee County—
4*4s Ct H'se '38-'50 M&N 15 6 0.75
6 0 75
4*4s Sew Mar 12 '39-'45
4*|s courth'se '38-49 J&D16 6 0.75
Racine—4 J*s 1938-'57—M&N 6 1.00

to 2.20

J&J 6 1.00

(Wilmington

Amer

4*48
1938-1949
J&D
Milwaukee—5s 1938-*40—J&J
4*4s 1938-1945
J&J

to 2.50

Dec. 31,
1937

Capital

N. O.)
Central States Life (St

Gr

to 3.75

1938-1947——_A&0

Madison—
2.25

6 0.50

Aetna Casualty & Sur

Glens

1938-1960—M&N 6 1.00

to 3.40

Per

Fireman's

to 2.50

4s

1938-1946—J&J
1945-1954
J&J
1938-1943
J&J

Surplus
Par

Columbian

to 2.50

6 1.00

4**s

/Flat price.

Quotations

Carolina

to 3.50

Eau Claire 4*4s 1938-'44.J&J 6 1.00
Green Bay—

to 3.25

5s Highway

Charleston 4 *4? '41 opt
Charleston S D—
5s
1938-1952

3.00

to 3.10

to 3.30

4 *48 ref wat 1938-*54—J&J 6 2.00
Yakima—

4s 1939-1950
4s July 1948-1952

100*4
100*4
to 3.50

,

WEST VIRGINIA
6 1.25

Ask

to 2.25

to 3.50

3.50

Bid

Clarksbg 8 D 5s *41 ep '21M&S 100*4
Hancock
County—5s Grant
Road Dist '46 opt '32.M&N
99*4
Huntington 5s 1944
Oct 6 3.25
Mercer Co 5s '44 op '24 A&O 15
100
Morgan town 5s 1938-48--J&J 6 1.50
Wheeling—
\
5s Wat Wks 1938-52—.J&J 6 1 25

3.50
6 2.00

Te
Net

or

Bonds

Net

6 2 00
J&J 6 3.00

4s Water 1944-46
Walla Walla—

1.75

M&N

(s Bridge 1938

6 Basis.

to

Yield Basis
To

or

Bonds

Net

WASHINGTON

6s Gen Fund 1938 1940—J&J b 1.25

99

BONDS

possible for the closing day of the month preceding the date of issue

are as near as

{

t Consists of $366,870 $4 cum. 1st preferred,

$517,879 $5

and are
denotes
'j
figures of deposits, capital and profits for the National banks are from the Comptroller's last call; for all other insti¬
tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required.
For
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

V;

•ales.

the

Clearing House banks of New York, deposits

National Banks

Surplus &
Profits

Capital

taken from the latest weekly statement.

National Banks

Institutions

State

ALABAMA

March 7

are

Dec. 31

CALIFORNIA

March 7

Cross

Par

Deposits

Bid

Ask

Capital

Surplus &
Profits

State Institutions
Dec. 31

Cross

Deposits

Bid

Par

Nomi nal.

%

Birmingham—
Bank for Savs. & Trts. d
Birm'ham

Tr &

Per

82,264

125,000

share.

50

1,203.973

$

Long Beach—
Farm & Merch Bank

Sav

I

Western Tr & Sav Bk

Common

500,000

Preferred

al ,807,200

Industrial Sav Bank- d

6809,393

81,700

125,000

25.486,575 J100
1 20
1,194,217 100

Common

25

53,670,881

15,564,079
2,914,886

N

100

50

share.
o

re cent

les

Los Angeles—
California Bank—
Common

3,000,000 110591390
6,750,000

Per

! '

486,590
6198,124

1,000,000
225.000

sa

o50

First National Bk—
Preferred

Ask

Nomi nal

34

36

25

5,000,000
1,000,000

Preferred

J62779 095

100,980,010

175*

125
126

20)*

Citizens Nat Trust &
& Mer

20

4,285,000 112,229,375
5,328,800 115,888,800

100

24,000,000 11450000 563,721,893
9,500,000
2,500,000 2,627,842 40,259,097

100

5,000,000
3,000,000

Savings Bank
Farmers

Mobile—

Nat

19
21)*
373)* 420

Secur-First Nat Bk—

Amer Nat Bk & Tr Co

First Nat Bank-,
Merchants Nat Bk__

375,000
1,000,000
1,000,000

258,269
1,387,114
1,307,499

2,402,545
20,213,789
18,885,785

300,000
1,000,000

221,064
717,889

4.033,143
16,853,853

84,956

2,045,893

25

Common

100

Preferred

20

57^

60

10

12

12 5*

Central Bkof Oakland

10

14

14H

Farmers & Mer Sav.

Union Bank & Trust

-

38)*

|25

41

"i03"' Il3H

Oakland—

MontgomeryAlabama Nat BankFirst Nat Bank

Bank of Commerce.

69,933
325,750
2,000,000 61,854,777
241,414
300,000

_

Union Bk & Tr Co—
Common

100,000
50,000

Preferred

6

1,353,414
41,735,180
10,464,689

100

100

100

mm m

mmm

mm mm

mm em

-

Pasadena—

l'A

6466,874

5,956,219

400,000 1 6736,581
600,000
38,347
150,000
264,314
300,000

15,078,953

962,500
50,000
246,250
145,000

1,421,386
150,851
104,494
671,699

29,748,790
1,656,649
578,612
1,328,842

175,000

Citizens Coml Tr & S

124,004

3,380,621

300,000

......

mmmmm

First Tr & Sav Bk—

Common

Selma—

Preferred

City National BankPeople's Bk & Tr Co_

212,983
80.768
219,893
120,423

400,000
120,000
200,000
350,000

Selma National Bank

Selma Tr & Sav Bank d

2,616,530
1,482,118
1,582,025
1,471,874

100
25

Pasa dona-First N Bk

I

Security Nat Bank_.

100
100

50

45

J25
\25

1,828,399
3,855,084

20

1. ♦250*

100

Sacramento—

Capital Nat Bank—
Citizens Bk of Sacra.
Merchants Nat Bank
Sumitomo Bk of Cal_

100
N

o

100

re

cent

100

sa es

100

San Bernadino—
American Nat Bank-

National Banks

SPafo Institutions

ADI7fYMA

AI\l£Ui\A

March 7

San Diego—
First Nat T & S Bk__ dl ,500,000
San Diego Tr & S B
Common

March 7

Preferred

Security Tr & Sav Bk
United States Nat Bk d

^

100

10 g

25,648,312

12,750,839

250,000
495,000
600,000
200,000

J25

8,185,898
3,132,443

100

4H

3H
100

102

126

45,249

100

"85" 125"
125

135

Nomi nal.

Bisbee—

Per

Miners & Merch Bk.

250,000 i

197.583

share

100

4,245,884

867,359
165,608

550,000
247,500

Phoenix Sav Bk & Tr

& Savs Assoc

16,809.949 t 20
4,238,629 t 25

Bank of America
N o
re

600,000

Common
-

_

_

-

1,221,400

Tucson—
Sou Arizona Bk & Tr

J 727,244

250,000

37,239,791 J

5

cent

8,741,075

1301843 741

500, 000

i.ooo;

Canadian Bk of Com

les

Crocker First Nat Bk

1,300,
6,000,
6,000,
1,000,

The San Fran Bank-

163*

408,290

187,538,510
98,610,633

Bank of Canton
Bank of Montreal—

sa

Valley Nat Bank—

15,400,000
6,800,000
50,000 000
1,500, 000

Bank of Calif, N A__
Bank of Amer Nat Tr

Phoenix—
First Nat Bk of Ariz.

Preferred

San Francisco—
Anglo California
National Bank

Pacific Nat Bank
Wells Fargo Bank &
Union Trust Co—

000
000
000

000

191,883
459,011
8,051,234
8,670,747
i
377.752

L

7,500,000
7,500,000

J67060 443

San Jose —
First National Bank.

600,000

834,284

..

Preferred

National Banks
March 7

ARKANSAS

Santa Ana—
Commercial Nat Bk_
First National Bk—

State Institutions
March 7

80

254,421,072

10,362.059

IOC

2665* 277

p

j 20

31

33

43)*

45

100

101,254

1,618,702 12 H

564,700
435,300

205,047

9,645,126 1100

200,000

Preferred-

13

1865*

12M

dl45,000 i

Common

12)*
183

365* 375*
18,854,965
3,689,554 100
4,427,350 100 "195" 194"
152
100
19,023,023
310
32*5"
100
122,804,390
157,209,122 1000 12,000 13,000
120
100
8,801,471

9,000,000 68,594,413 206,498,282
337,527
4,537,292
1,000,000

Yokohama Specie Bk
American Tr Co—
Common

100

000

20

537,084
6870,569
123,798

1100

1140
......

Nom inal.

Fort Smith—

City National BankFirst National Bank-

Merchants Nat Bank

Per

299,000
500,000
500,000

82,519
505,704
555,325

2,807,410
7,123,945
9,912,937

share

100
100
25

Little Rock—

*

Commercial Nat'l Bk

300,000

Peoples Nat'l Bank
Twin City Bank

200,000
100,000

444,209
103,002
41,284

8,702.397
3,261,603
1,044,413

N

Preferred..

W B Worthen Co— d

300,000
185,500
670,500

o

J 330,648

10,086,590

20

re

cent

20

sa

les

325,093

14,766,802

1,009,000
375,000

Sale price.

4,328,473
11,067,265
2,668,401

re cent

100

sa

*

25

a

50




•

Outstanding preferred stock consists of $1,107,200 1st pref. of $20 Par
stock.

6 March

7, 1938.

i Dec. 31, 1937.

Savings depos ts. d Common and preferred stock outstanding.

e

Common--..-.

les

value and retirable at $50 a share, and $700,000 of 2nd pref.

c

Pine Bluff-

Preferred..

0

t Controlled by the Transamerica Corp, of San Francisco, Calif.

25

March 4, 1936.

/June 30, 1937.

Nat B of Commerce

Simmons Nat Bank.

N

100
100

20

Union Nat Bank—
Common

Stockton—
First National BankStockton S & L Bank
Union Safe Dep Bk._

50,000 I
50,000
400,000

71,183

2,045,460 rioo

g

1100
887,881

12,613,746

100

325

Quotations for the San Diego First National Co., which controls 97%

of the stock of the First National Trust & Savings Bank of San Diego,

I Last sale price,

n

p Par value 100 yen.

New stock.

Oauf.

BANKS

April, 1938]

AND TBUST

101

COMPANIES
National Banks

State

DELAWARE

March 7

Institutions

March 7

t

Capital
National Banks

COLORADO

March 7

State

Institutions

—-

Capital

$

50,000

Preferred class A__
Exchange Nat Bank.
First National Bank.

133,548

100,000
84,500
300,000
300,000

Common

88,870
361,872
405,174

Nomi nal.
Per share.

Cross

Deposits

Par

Bid

Ask

$

1,739,841

Union Nat Bank
Delaware Trust Co..

203,175
1,000,UOO

Equitable Trust Co.
Security Trust Co
Wilmington rv* Co

1.500.000
672.600

625,000

■

4.000.000

.

$

$

210,000
500,000

Ask

^

$

Central Nat Bank
Farmers' Bank
Industrial Trust Go.

Nomi nal.
Per share

Colorado 3pgs.—
Colorado 8a v Bank.
Colorado Spgs Nat B

Bid

Par

Deposits

March 7

Wilmington—

Surplus &
Profits

Gross

Surplus <fe
Profits

305,364
3,630,431
1,021,927
709,481
788,264
12,704,853
951,210
11,792,602

77,996
f 299,047
541,155
262,058
816,454
326,066
810,379
209,110
658,394
197,811
i,742,770

100

110

50
25

2,459,894
18,782,972
2,586,701
3,467,710
10,053,191
14,992,341
9,109,898
75,985,801

300
39

41

25

75

80

100
26

160

71

60

68
142

152

50

225

230

1,790,879

100

150

8,072,213
4,728,500
3,242,763
24,600,456
7,364,272
10,136,027
4,797,013
11,208,425
2,522,095
27,216,321

10

16

100

200

100

2,407,588 (100
1100
6,693,583 100
10.212,128 100

Denver—
Nomi nal

American Nat Bk—

95,041

7,916,040 I 60
i 60
5,147,372 100

1,000.000 11,454,053

37,613,047 (100

Preferred

Central Sav Bk & Tr

452.773

300.000 i
150,000
350.000

Common
a

Per

Washington—
Anacostia Bank

a

145,000

City Bank

a

490,000

Columbia Nat Bank-

Colorado Nat Bank
Common

800.000

Preferred

119,433
1,664,304
2.555,445
33.689
25.700
2,240,221
1,689,452

60.000

Colorado State Bank

1,260,000
1,500.000
a
100,000
a
100,000
Union National Bk
650.000
U 8 National Bank
500.000
International Tr Co.
Denver Nat Bank
First National Bank.
National City Bank.
.

1,685,973
30,410,657
54,098,791
1,168,990
728,915
24,456,644
16,175,569

250,000
100,000

Bank of Co mm A Sav
Hamilton Nat Bank.

tioo

100

N

50

re

cent

100

sa

les

o

loo
100
100

1,000,000

Liberty Nat Bank

500,000

Lincoln Nat Bank

400.000

McLachlen Bkg Corp a
345,000
Nat Bank of Wash- cl.050,000
Nat Capita] Bank
200,000
Nat

800,000

Metropol Bank.

1,072,934

500,000
30,000

134.734

20,104,045
1,978,148

100

135

100

230

(100

275
101

60
100

55

125

100

238

3,000,000 14,623,695
1,217,500
■389,377
o572,500
288,409
a588,000

Amer Secur A Tr Oo.

3,400,000

4,787,778

8,224,630
7,507,071
52,813,753

100

100

1,000,000
500,000
2.000,000

ii,867,239

17,404,727

{100

1,197,344

5,654,129
11,049,124
23,486,067

ioo
100

70
225

300

80

99,490,506

iioo

Nat Sav A Tr Co—

100,000 i
200,000

Common

Preferred

80,536

5,200.144

(100

Common

Uoo

Income debentures

MunseyTrust Co
Union Trust Co

2,000,000
1,000.000

Wash Loan A Tr Co.

National Banks
March 7

500,000 1 360.090
1,485,000
102,300
100,000
Black Rock Bk & Tr. a
Brldgep't City Tr Co 2,200,000 1.220.551
North End Bk A Tr
25.000
Common
125,000
1st preferred.....
25.000
2nd preferred
West Side Bank—
165,000
Common......
99,500
Preferred......
Common.....

19,776,601
7H

Preferred

J

57,879

} 215.702

11

1,442,817
24,730,631

40

25

6JS*
70

60
38

1,428,978

Per

45,116,628
23,089,229
30,551,871

180

25

21

100,000

165,135

1,735,084

25

200,000

2,113,927
35,358,151
111,144
8,627,492
2,255,716

100

100.000

83,760
627,112
71,635
287,475
65,740

300,000

513,305

16,361,087

100

200

32

35

185
110

200

0

Amer Bk A Tr Co

45

50

1,200,000

First Trust Co
Florida Nat Bk A Tr

1100

100,000
400.000

1

Little River Bk A Tr

4,000,000
100,000
1,600,000
100,000
4,000,000
100,000
250,000
125,000

4,452,771

First National Bank

Glastonbury Bk A Tr
Hartford Nat Bk & T

Industrial Bank
Pnoenlx St Bk A Tr.
East Hartford Tr Co
Hartford-Conn Tr Co

Park Street Tr Co—
_

Simsbury Bk & Tr Co
So End Bk & Tr Co-

195.624

2,038.828
135,467
4,475,045
153,353
197.483

110,421

50,000 1
50,000
600.000
200,000
100,000

Common......

Preferred

Travelers Bk A Tr Co
West Hartford Tr Co
Windsor Trust Co—

50,183

2,778,140
7,212,743
15,572,245
1,706,356
65,227,951
78,489
34,622,107
1,830,234
41,340,446
3,174.382
3,136,264
1,922.309

846,796

25
30
100

23
450

Beach

105

115

275"

25

127,851

10.315.644
3,182,588
1,550,737

150
130

25

100

First Nat Bank—

120,000

66"

197,944

5,164,660 r 20

100,000

208,288

5,361.588

200,000

521,751

8,365,106

400,000
200,000

459,453
145,894

5,670,725
3,206,322

100
100

50,000

68.000

Preferred
Florida Bank

—

0

1

20
100

295"

"62"

Palm Beach
First National Bank.

60
Pensacola—

25

American Nat Bank.

25

Cit A People's Nat Bk

{ 25

St.

6100

1100
780.692
242,633

26*

25
25

135
125

100

First

Common

"24*

25
100

100

Orlando—

60
10

10

28"

Miami—

National Bank

215,792
987.490
945,335
124,514

9

Lakeland—

40

Hartford-

300,000
150,000
1,150,000
100,000

share

1,090,589
1,328.216
1,060,890

10
100

01,500,000

Florida Nat Bank

Miami

Capitol Nat Bk & Tr
Conn River Bkg Co

March 7

Jacksonville—

First National Bank.

( 25

250

100

100

1,358,768

100

240

State Institutions

FLORIDA

Atlantic Nat Bank.. d3,000,000
Barnett N B of Jack1.500,000

Florida Nat Bank

25
100

1,060,589

2,343,271

215

Nomi nal

Nnt inal.
Per share.

BridgeportFirst Nat Bk & Tr Co

Riverside Trust Co.

175
240

125

100

Second Nat Bank
Secur Sav A Com Bk

Preferred

Mlnnequa Bank
Pueblo Sav & Tr Co

175
75

100
50

RIggs National Bank
Common..

Pueblo—
First National Bank.

100 £230
20
25
150
100

share.

Exchange Bk St Aug
St Augustine Nat Bk

25

200,000

28,000
40,904

1,047,000
1,980,300

100

St. Petersburg—
Florida Nat Bank...

100 1/100
150

100

125

Augustine—

200,000

265,802

8,184,802

25

100,000
Broadway Nat Bank
Exchange Nat Bank.
1,250.000
First National Bank. al ,300.000
First Sav A Tr Co
500,000
West Palm Baach
Fla Bank A Trust Co.
100,000

34,220
491,010
887,020
166,726

100

100

Tampa—
Meriden—
Home National Bank

Meriden Nat Bank..
Meriden Tr & 8 D Co

a

Puritan Bk Ac Tr Co.

a

25
25

19

77,712
109,768

5,702,337
1,660,443
5,781

100

170

37,944

1,354,161

25

10

219.152

2,499,334

100

ll,039,537

25,533,751

500,000
150.000 /
100,000 /
160.000

374.804

20

15

20

15"

776,157
14,189,710

100
100

70
160

15,901,692

100

108

70

1,584,097

100

58,366

1,470,882

100

233,907

7,346,970

100

West Palm Beach At¬
d

lantic Nat Bank

New Haven—
Amer Bank A Tr Co- a

249.200

95

200,000

105

First Nat Bk & Tr Co
Common
Prior

756.000

...

preferred...

504,000

Conv preferred
New Haven Bk NBA

( 60

920.000

Second Nat Bank
Trademen's
Common

Nat

866,159
914.949

800.000
760,000

9.169,609

12,576,121

35

39

645

45

100

125*

National Banks

125

March 7

50
50

57

77

135

Bk

170,000
180,000
1.458,700

.......

Preferred
Un A N Haven Tr Co

64,060
1.073.598

14,282,449

100

495,713

J

2,923,498

4,128,757

100

91,260
201,928
49,252

2,529,466
1,527,978
821,052

60

re

cent

100

sa

les

394,893
155,886

2,964,055
1,828,485

1100

300,000

Nat Bk of Commerce
New London City
National Bank...

Trust Co..

200,000
Citis A So Nat Bank- r5.000.000
First Nat Bank.
5,400,000
Fulton Nat Bank—

95

105

Common

0

c

100

1,000,000 t

Preferred

N

347.952
300,000
270,000

a

Union Bk A Tr Co..

Nomi nal.
Per share

Atlanta—
American Sav Bank.

New London—

W in thro p

Institutions

March 7

81

(100

100

State

GEORGIA

62

105,144
3,159,630
4,588,039

647,485

100

77,244,003
92,154,545

too

843,118

27,922,918

(100
1100

227,299
2,637,740

3,261,698
22,145,615

100

475,000

997,500
Ga Sav Bk A Tr Co.. a
Trust Co of Georgia. «2,000,000

10

100

Norwich—
Thames Bk A Tr
Uncas-Merch Nat Bk

650,000
200.000

25

100

19
110

•

120

a

Stamford—
First-Stamford Nat'l
Bank A Trust Co.

Fidelity TitleATr Co
Stamford Trust Co..

1,000,000
200,000
700.000

1,386,869
651,887

1,099,191

11,841,824
5,545,012
9,673,886

100
100

140

155

100

140"

155"

11,397,989

100

c

June 30, 1937.

d Member of the
e

600,000

737,553

120

g

Atlantic Group In Florida.

Affiliate of the First National Bank of Atlanta, Ga.

/Dec. 31, 1937.

Waterbury—
Waterbury Nat Bk

i March 7, 1938.

Member of the Florida National Group.
the Barnett National Bank of Jacksonville, Fla.

h Affiliated with

230,655
250.000
264,000 12,834,715

Common........
Preferred

Waterbury Trust Co

Includes preferred stock or debentures outstanding.

6 Retirement price.

Citls A Mfrs* Nat Bk

Colonial Trust Co...

Sale price,

t Branch of Savannah.

1.000.000
300.000




192,444

20

5,048,718

k New

32

7,915,331
3,307,378

100

100

stock.

:

I Last sale.

300
75

r^Combined statement.

11 Trust funds,
r

L

*,Ex-dividend.
fcSt.fick all. owned by Travelers Insurance Co*
_

_

103

BANKS

National Banks
March 7

State

GEORGIA

TRUST COMPANIES

Institutions

March 7

National Banks
March 7

-

ILLINOIS

Cross

Surplus «fc
Profits

Capital

AND

Par

Deposits

Bid

Ask

Capital

Surplus &
Profits

State Institutions

March 7

Cross
Par

Deposits

Bid

Nomt nal
$

Augusta—
Georgia RR Bk A Tr

$

750,000

Nat Exchange Bank.

c

400.000

•

850,000

777,414

200.000

$

502,725
3,159,630
145,911

111,563
142,057
45,951
326,694

Citis A So Nat Bank. rd.OOO.OOU

Per

8,201,816
77,244,003
2,961,139

6,234,159
1,393,876
1,880,970
1,169,055
2,480,843

share.

100

160

165

RlginKlgin Nat') Bank...

no

14

15

First Nat'l Bank....

90

Union Nat'l Bank...

Cent Nat Bk A Tr Oo

600.000

Columbus—

Per

$

2,000.000
660,000

100

Ask

Nomi nal.

$
100.000
300,000
100.000

share.

72,895
714,561
140,600

1,416,180
7,939,521
1,635,000

100
100
100

776,855
951,367
1,423,839

10,497,446
23,019,425
14,173,943

50
20
20

122,084

2,392,120

85,203

1,247,805

^lOO

677,197

100

40

3,381,023 /100

35

50

Peoria—

Columbus Bk A Tr..
First Nat Bk of Col..

Fourth Nat Bank...
Home Savings Bank.
March A Mech Bank

300.000
75,000 b
200.000 b

100
100
100

N

o

re

cent

Com Mer Nat BkATr
First National Bank.

105

sa

les

100

200,000 L
90,000
150,000

Common

Capital notes..
Macon—

City Bank A Tr Co..
First Nat Bk A Tr On

•

3,159,630
82,800

110,000
500.000

77,244,003
1,328,000
6,300,603

210,254

Savannah—
Oltis A So Nat Bank. r5.000.000
Liberty Nat Bk A Tr
500,000
Savannah Bk A Tr.. i 665,000
Citizens Bk A Tr Co
Common....
200,000
Debentures
138,000

o

Jefferson Tr ASav Bk

p

South Side TrA Sav B

Oltis A So Nat Bank. r5.000.000

N

tio
100

14

15
100

10

rec

sa'

ent

les

Quincy—
100,000

Common
Debentures

20,353

200,000
197,000

B'dway Bk of Quincy
111 State Bk of Quincy

59,747

Y

50

j

77,244.003

4,049,774
3,729,462
1.450,834

94,031

10
5
100
i

14

10

"50"" *50"

146,170

5,607,392

ioo

120*

135"

Peoples Bk of Quincy
S'thSideBk of Quincy

200,000 f
100,000
50.000

44,416
17,681

40
40

50

297,000 /

95,407

744,024
654,875
1,536,894

100
ioo

State St Bk A Tr Co.

3,159,630
161,426
260,712

358,825
180,138
273,345

9,903,959
4,969,336
7,756,822

ioo
40

175

250

500,000

527,486

9,716,215

100

150

165

150,000
50.000
500.000

290,992

f 50
I 50
11,083,730 100

110

120

"125"

145"

Mercantile Tr A 8 Bk

100

ioo

Rockford—
Illinois Natl Bk A Tr

J

Oo

200,000
250,000
500.000

Swedish-Am Nat Bk. i
Third Nat'l Bank-

Springfield—
National Banks

First National Bank.
Illinois Nat Bank-

State Institutions

IDAHO

March 7

March 7
Nomi nal.

Boise City—

Per

share.

Common.
Preferred

Springfield MarineBk

360,813

5,274,131

Ida 1st NatBk ofBoise
Common

600,000
594,000
il .138.000 cl.509,311
125.000
47,817

21,995.543

N

o

re

•

100

cent

26,762,918
90,409

} 516,755

Preferred

First Security Bank.
Boise Trust Oo

100

sa

les

100
National Banks

INDIANA

March 7

National Banks
March 7

Aurora—
Aurora Nat Bank...
Merchants Nat Bank
Old Second Nat Bank i

ILLINOIS

Nomi nal.
Per share.

129,729
235,042
77,383

3,412,010
4,819,924
3,109,359

100
100
100

Belleville Nat Bank.
Belleville Save Bank.
First National Bank.

Evansville—

100.000
300.000

35,340
226,368

100

200.000

St. Olair Nat Bank—

150.000

265,402
174,591

1,131,685
2,499,224
4,253,591
2,299,883

199,500

13,551,022
1,214,815
1,377,684
1,101,000
881,036
11,649,722
1,641,863

Old National BankCommon.........
Preferred

500,000 1

329,030

Mutual

1,500,000

12,621,895 1100
1100
8,132,065

1,200,000

546,434

N

o

k

re

cent

o

sa

lee

i

.

Lamasco

100
100

100

100
30
250
125

-

.

260
150

Chicago—
Aetna State Bank..

200.000

Albany Park Natl Bk
of Chicago.......

In proc

71,131

3,072.528

100

Beverly State Sav Bk
Central Nat Bank...
City Nat Bk A Tr Oo

100,000
300,000
4.000.000

100
40
100
10
100

Oont 111 N B & Tr Co
Common
50,000,000 122190642 998,262,638 1331!

Preferred
25.000,000
Oont Nat Bk & T Co
1,500,000

Oosmopolit'n Nat Bk i

160
20
80
13
122

175
30

)

436,418
46,284

1,502,267
2,272,208

16
128

250.000

69,728

12,418,219

on

Preferred

.

-

11.269,750
23.415,531

100
20

200,000
200.000
500,000
200.000
200,000
400.000
200.000

113,745
162,187
766,472
149,387
91,599
67,847
123,586
215,572
244,651
450,000
176,305
44,700
305,158
1,541,158
1,029,565
223,700
221,629
59,336
154,846
34,810
327,387
300,067
239.298
178,160
24,787
157,152
327,028
126,402
/l,015,349
/ 436,890

3,695,824
6,055,699
17,607,118
5,108,606
3,241,219
10,213,304
4,722,260
9,174,624
5,454,800
14,636,428
7,299,280
3,643,000
8,129,021
6.607,527
16,818,042
8.297.859
31,849
2,868,037
6,547,080
2,493,570
5,987,806
5,836,835
6,356,910
7,477,772
675,985
3,047,239
7.663,660
5,617,522
22,039,367
10,903,978
985,575
204.610.890
10,389,152
26,409,159
16,048,009
312.231.891
8,696,776

100
100

148

170
120
32

32

150
153
180
125
42

American Nat Bank
Common...

M erchandisp Nat' lBk

Merchants Nat Bk..
_

Mid-City Nat Bank
Milwaukee Av N't Bk i
.

Mutual Nat Bk of Oh
Nat'l Builders Bank. i
Nat'l Boulevard Bk.

300.000

National Security Bk

200.000

North Shore Nat Bk.
Oak Park TrASav Bk

,

i

500.000
500.000

200,000
500.000
Personal Ln A Sav Bk 2.000.000
Pioneer Tr & Sav Bk i 750.000
Sears-Corn State Bk.
200.000
Security Bk of Chic.

700,000

Bkala State Bank...
South East Nat Bank
State Bk of Clearing.
Terminal Nat Bank.
Univ St Bk of Chic.. 1

200.000

Upper Ave Natl Bk.
Uptown State Bank.
West 31st State Bk..
Western Stnte Bank.

200.000
120,000
200.000

299.500
300,000
300.000
100,000

200.000
400,000

Amalg Tr A Sav Bk. i
Banco di Napoli Tr.
3004)00
Ohlc City Bk A Tr._
800.000
Drovers Tr A Sav Bk i
550.000
Bast Side TrASavBk
200,000
Harris Tr A Sav Bk.
6,000,000
Lake Shore Tr A S Bk i 794,000
Lakeview Tr A S Bk.
600.000
Mercantile Tr A Sav.
600,000
Northern Trust Co..
3.000.000
Pullman Tr A Sav Bk
300.000




.

Class A ^preferred.

-

k
.

.

Madison Ave St Bk
.

14

18
.

F

'

65.012

/10524.905
/ 244,494
1,266,260
/ 460,191
/9,753.495
329,632

100

o

20

re

cent

sa

les

1,088,583

20

11,695,873

20

751,461
20,707

12,192,883
2,084,117

100

<
<

500,000
275.000

100
100

85

100

1.000,000 11,043,140 30.045,098 J 10
825,000
\ 10
107,311
1,921,976 100
100.000
100
4,000.000 6,300,516 108,223,263
i
200.000
189,164
1,334,870 100
17,320
50,000
841,828
i
9,233
65.000
468,197 "lou
1,250.000 2,201,041 28,333,542 ioo
i 300.000
35,957
2,167,383 100
549,083
3,158,175 100
500,000
i 284.500
158,794
3,827,832 100
,

.

190
58

205

142

148
85
175

Fletcher Trust

75
165

11

}i*

aio

300"" 340"*
130

142

232

250
mm mm mmm

"51"
100

mm

157

167

mm mm

Co^"

62

.

.

>

j 418,141

Indianapolis—
28
140

ho

353,008
1,448,468

20

20

14,606,004

Gary-

.

300,000
1.000.000

.

live Stock Nat Bank
Madison-Crawford
Natl Bank.......
Main State Bank

125
100

49

100

10

17,940,471

1,489
200,000 1
50,000
300,000 1,096,485

.
...

2,460,378

368,410

Oomm

.

275,000 I
325.000

100

lr

Lawndale Nat Bank
....

100
100

N

400,000
420.000

.

.

100

100,000 l& 61,666
2.932.858 / 20
Preferred
100,000
I 30
Drexel state Bank.. i 447.500
40
138,077
6,813,294
Drovers Nat Bank..
1.000,000
941,880 21,964,352 100
First National Bank 30.000.000 34,349,234 857,693,232
100
First Nat Englewood
200.000
762,812
5,688,552 100
Halated Exch Nat Bk
200,000 >
195,873
6,358,812 100
Hamilton State Bk..
200.000
44,672
2,010,415 100
I-C National Bank..
10
68,402
200,000
2,583,770

r

o

47^

District Nat BankCommon

Kaspar Am State Bk

Ft Wayne Nat Bank
Common

90

\ 331!

250(000

500.000

........

100
100
100

Nomi nal.
Per share.
225
160
175
100
100
110
100
110
160
150
110
100

200

Fort Wayne-

of orga nization

1,043,880 50,259,824
110,716
4,517,040
71,204
2,306,504
144,887
5,533,939
2,714,208 114,137,934

100.000
169.900
* 147,000
100,000
500.000

I

-

Lincoln Nat Bk A
ess

Am Nat Bk & Tr Oo. il.600.000
Austin State Bank..
200.000

Metrop State Bank.

100

794.675
180,179
32,484
35,000
38,007
618,950
28,082

500.000

Belleville—

Liberty Natl Bank

March 7

Peoples Savings Bk..

160.000
300.000
384,200

Common.

State Institutions

State Institutions
March 7

.

.

.

1,500,000 1/ 950,394
.865,000
1,000,000 1,240,262
i 399,200
205,817
1.000,000 2,322,867

35,418,978

|100

15,535,007
3,631,744
20,166.050

100
100
100

2,468,076
1,509,854
10,137,279
4,347,359
2,806,542

'175'

205*

70
820

359"

10
100
100
100
100

100

100

"95"

100

80

20

25
120

100
50

50

100
100
15

170

50
100

80
135
165

25

26

100

100
100
100
100
20

100
100

105"
90
30
130
60
180

loo
60
100
100
100
100

c

i
£

i

)

i

250,000
250,000
799.000
250.000
900.000

143,110
152,891
254,070
202,368
16,709

N

140

31"

Merchants Nat Bk
Common
......

Preferred..

I

250,000
250.000

j 113,251

500,000
320.000

.

Terre
Haute
Fii
Nat Bank—

o

re cent
sa

j 887,377

les

5,159,887 flOO
1100

t

.

Common........

.

124

*22""
70
190

134

Preferred

.

16,683,870

20
10

25"
80
205
♦Sale price,

t Branch of Savannah.
a

100

100

.

Terre Haute—
90

100
100
100
100
50

South Bend—

City Nat Bank.....

Preferred stock retirement price.

& Dec.

75
140

31,1937.

June 30,1937.

90
150

c

275"

285"

s

50

60
225
142

/March*7,1938.

215
135
495

160

t

Affiliate of the]First National Bank of Atlanta, Oa.
Common and preferred stock or capital

debentures outstanding,

n

Reserves.

o

Deposit liability of the Belleville Bank A Trust Co. assumed by the

505

175

.

d New stock.

First National Bankpf Belleville, 111.
r

V

Combined statement.

Ex-stock dividend.

National Banks

Surphis &
Profits

Capital

Burlington-

March 7

51,774
41,926

200.000

Ask

Bid

Par

Nomi nal
Per share.

Surplus &
Profits

Capital

Gross

Nomi nal.

Baton

Rouge—

•

Common

100

$

Per

.

300.000
250.000

10,761.108

300,000
260,000

Preferred

330.974

383,464

8,950,600

Louisiana Nat Bank

Cedar Rapida—
Guar Bk & Tr Oo

200,000

Merchants Nat Bank

600,000
250.000

People's 8av Bank..
United State Bank..

87,140
1,522,850
126.595
26,978

50.000

Oommon....

2,676,344

Preferred

N

100
20

re
sa

lee

Council

150.000

Oommon

115,631

150.000

Oenn Bluffs Sav Bk.
First National Bank.

186,477

63,000
37,000

Preferred
State Savings Bank.

63,199

,

88,754

100.000

Hlbernia Natl
:
Oommon

100

1.440,263 /100
1100
1,653.094 100

clOO

Common

1,042.183

| 648,086

90

100

100

32,445,235

100
20

45,680,021

19

19}*

20

52,687,200

20

19

20

2,336.879
6,474,400 116,213,337

20

25

28

25

66}*

70.

1,500,000
1.200.000
208,000
2.800.000

J 915,359

1,000.000
1,000,000
700.000

Whitney Nat Bank..

100

26,662.564

Des Moines—
Bankers Tr. Co—

|1,188,890

1.500.000
1.200,000

Preferred
Nat Bk of Commerce
Preferred

600.000

110

80

Bk

Louisiana SB to T Oo

Davenport—
Davenport Bk to Tr.

15

105

J100
\

1.000,000
1,150,000

Preferred

iOL

2,409,099
3,940,515

{.!!

New Orleans—
Amer Bk & Trust Oo
Common

Bluffs—
Olty National Bank

share.

13}*

cent

100

28.782,969
4,159,323
962,452

As>

Bid

Par

Deposits

Olty National Bank

100

2,106,831
2,882,816

State Institutions
Dec. 31

LOUISIANA

Cross

$

7^.000

Farmers to Merch S B
Nat Bk of Burlington

National Banks

March 7

Deposits

103

COMPANIES

State Institutions

IOWA

March 7

TRUST

AND

BANKS

April, 1938]

896,831
745,067
247,201

2ft

128,696

Shreveport—

Common

400,000
600,000

Preferred

Cap Oity State Bank

,

110,143

150.000

e

Cent Nat Bk & Tr Oo
Oommon

550.000
450,000
150.000

....

Preferred

Des MoinesBk&TrCo d

614,089

j 599,149
31.361

First National Bank.

19,770,154 f 25
125
2,989,570 100

Commercial Nat Bk.
c25

Oont'l-Am B to Tr Oo

100

117H 127}*

100

120

100

29,093,659
19,703,050
9,617,579

95

106""

20,702,886 flOO
clOO

1100

National Banks

8tate Institutions
Dec. 31

MAINE

March 7

1,529,257

iewa-De8 M nines Nat
Bank to Trust Co

Oommon...

Nomi nal.

)

1.550.000
1.450,000

University State Bk.

50.000

Preferred

1

850,828

36,348,362 1100
1100
100

150,000

282,708
4,375,609

100

N

o

re

387,889
107,499

9,010,140
4,212,002

100

sa

les

400.000

237,696
213,104
348,774

10
5,962.129
4,586,830 hl00

6,522,274,

100

215.873

5,853,335
2,136,865

100
100

Dubuque—
First National Bank.

Amer Tr to Sav Bank
Sioux Oity—
First National Bank
Live Stock Nat Bank

300.000

I

300.000
250.000
100.000

Toy Nat Bank
Security Nat Bank.
Woodbury Oo Sav Bk

900,000 6
611.425

62,957

Depositors' Trust Oo

308,535
1,032,367

1,000,000

Eastern Tr to Bkg Oo
Merrill Trust Oo—

200,000

9,803,657
7,721,148

100

12,394,964

/ 20

Preferred

"32" "35"

100
N 0

j 477,681

cent

sa

les

1100

Portland—
Canal National Bank

465,837
184,225
251,841
328,168

600,000

200,000
400,000
400,000

Nat Bk of Commerce

420,084

11,710,765

100
25

100
23

105

40

8,297,890
3,817,418
4,985,289
6,359,205

35
34

38

20

27

37

Portland Nat Bank—

State Institutions

KANSAS

25

re

600,000
750.000

Oommon

First National Bank-

March 7

8,248,983
8,924,593

Bangor—
Merchants' Nat Bk_

100

Oasco Bk & Tr Co

National Banks

share

100

343,869
436,375

cent

300.000
250.000

Valley Sav Bank

Per

AugustaFirst Nat Granite Bk d

16,030
241,604

Common

Dec. 31

Preferred A

"

Preferred B

482,450
495,000
92.550

\

64

59

f 50

■

c40

40

1

50

Nomi nal.
Per

Hutohinson—
American Nat Bank.

150,000
160,000
250,000 b

Exchange Nat Bank.
First National Bank.

64,955
135,726
246,815

share'

100

National Banks

100

1,531,825
2,331,615
4,948,425

March 7

State Institutions

MARYLAND

Dec. 31

100
Nomi nal

Kansas City—

Per

Baltimore-

Oemm'l N Bk of K C
Oommon

300,000 I

189,473

11,563.040 r

442,000

Preferred

200.000

Exchange State Bank
Security Nat Bank..

145,639

3,076.680

10

Preferred

River view State Bk.

Common

Calvert Bank

5.170.999 uoo
uoo
4,346,656 100

Canton Nat Bank...

Carrollton Bk of Bait
Oommonw'lth Bank.
First National Bank.

Leavenworth—
First National Bank..
Leavenworth Nat Bk
Manuf&c'rs State Bk

150 000 b

158.916

150.00C

250,137
24,773

50,000

100

Nat Cent Bk of Bait.

100

Nat Marine Bank—

100

2,158,084
2,384,740
859,896

Western Nat Bank..
N

o

Colonial Trust Oo—

re

cent

Equitable Trust Oo.
Fidelity Trust Oo—

■r

Topeka—
Central Nat Bank...

500,000

413,530

Central Trust Oo...
Citizens State Bank. d

400.000 i

285,339
6,710

77.500
200.000

Fidelity Sav State Bk
Guaranty State Bank

sa

les

60,000 1
140,000
50,000
200.000
500,000
100,000
100.000

Preferred

'ioo

Oommon

...

Oapital notes

Kaw Valley State Bk
Merchants' Nat Bk_
Nat Bank of Topeka
State Savings Bank.

d

Real Estate Tr Co..

1,153,092 fioo
\ 150
100
626,063
100
6,586,849
8,919.798 100
1,595,280 100
100
1,550,000

43,567
53,152
169,198
531,321
29,146

34,000

4}*

600,000 11,057,611 30,249,417
900,000
d
378,400
9,536,700
375,000
d
128,612
3,630,839
300,000
246,404
1,598,463
80,000
185,500
1,277,747
300,000
4,000,000
6,615,418 155,084,805
503,437
5,955,851
400,000
550,000
4,918,963
600,000 b
548,373
12,207,837
750,000
2,073,009
132,300
400,000
1,291,573 33,960,917
2,000,000
18.891,553
1.000.000
880,260

10

20}*

Safe

Dep to Trust Oo

Union Trust Oo
Cumberland—

1,000,000 11,170,000
1,650,000
1,500,000 3,879,623
258,839
600,000
2,000,000 4,203,352
3,000,000 1,522,819

155,600

1.000.000
1.000.000

100,000

Southwest Nat Bank

200.000

21,620
198,801

Common

126,595

3,531,347

45
1

10

4

1(1

mmmmm

-mmrnm

3
6
49

47}*

100
30

120

20
25
100

29

32}*

25

33

14

16

25

63

67

150

42

216,955

5,983,934

i-L

1

1

100

•

215"

l(N to to

100

100
10

11

10

10

1,466,227

24,608,837
1,499,188
20,162,356
34,510.317

63

mmmmm

510
7H

495

OH

a

100,000 1
99,500
500.000

...

120

115
36

38

130

155

17

18

70

75

( 25
50

Liberty Trust Oo—

100

24,292.865
21,598,498
1,081,577
2,246,104

1,300,295
850.877

65

10

5,585,658

61,045

398.000

First Nat Bank..... d

Oapital notes...

Feurth Nat Bank

50

100

34,476.032

Second Nat Bank

Kansas State Bank..

20

,

Peoples Bank—

Wiohita—
First National Bank.

5}*
23

Maryland Trust Co

Mercantile Tr Oo

Common..

Topeka State Bank..

75,781

12,077.155 uoo
937,239
572,328
2,189 284 100

10

381,215

Baltimore Nat Bank

10
100

Preferred

106,000 16 203.957
94,000
100.000 1
427,069

Oommon

share

5,544,646

500,000

Bait Oomm'l Bank..

TOO

150,000
298,500

Oommon

100

Oapital notes

J 155,060

3,356,808

(15

100

Frederick—

107,000 1
93,000

Oommon

Preferred
Union Stock Yds Nat d

100.000

Citizens' Nat Bank..

{ 62*1
c62H

1 62*,
50

960,308

29,728

978,408
214,007
494,002

100.000

Oomm'l Bank of Md
Farm to Mech N Bk.

200,000
125,000

5,035,111
1,561,129
4,768,238

100

103,948

1,655,770

15

20

25

Frederick Oo Nat Bk

Oommon
National Banks
March 7

KENTUCKY

Fr'k Town Sav Inst.
West Maryland Tr

Dec. 31

Nomi nal.
Per

200.000

430,393

100

4,694,005

100,000

370,553
35,534

4,101,029
673,088

90,000
415,000 b
200,000
150,000

79,984
177,074
206,390
70,063

1,504,381
6,141,194
4,090.062
1,773,459

share.

145

..

First Nat Bk A Tr Oo

10
10

14

50

40

200,000 I
50,000

319,891

Oo vingtonTr&BkgOo d

550,000
150,000

297,799
75,457

4,933,450 f
t
6,770,237
1,588,545

340,000

232,938

3,218,579

100

81,420

1,382.439

25

1.121.056

12,687,607
3,280,000
2,612.965
3,620.237

Ik Oommon........

^Preferred
Peop-Lib Bk to Tr Oo d

10

5H

17

Hagerstown Trust Oo

10

d

10

100
10

10

OH
National Banks

d

c25

15
100

"ho"

Lexington—
.

I

Hag»rstown—
Farmers & Merc Bks

Nicodemus Nat Bk

Second Nat Bank

r

Bank of Commerce.

\

Preferred

State Institutions

Covington—
Oitlsens' Nat Bank..

75,000 1
54,000
150,000

105

March 7

MASSACHUSETTS

March 7

Citizens Bk & Tr Co.

200,000 I
350,000

Oommon.

Preferred
First Nat Bk&TrOo

Second Nat Bank—
Union Bank to Tr Oo
Security Trust Oo...

1.000.000
150,000
150,000
500.000

|
306,000
205,355
472,769

4}*

10

loo"*

100

95
300
160

100

340

350""

50
100

Louisville—
Citizens' Union N B.

1,000.000

2.OOO*. 000
1.000.000
Liberty Natl Bk to Tr dl ,827,000
100.000
People's Bank......
300,000
Security Bank

Fidelity to Oolum Tr.

First National Bank-

KentuckyTltle Tr Oo 01.000.000
Lincoln Bank to Tr..

750.000
100.000

Stock Yards Bank...
Louisville Trust Oo. dl .990,000
525.000
United States Tr Oo.

832,314
112,663

57,980,240
7,593,360
35,501,586
23,495,621
1,396,693
2,749.551
3,928,995
12,489,308
1,553.975
13,881,501
1,313,946

135,237
422,000
14,011

1,649.064
4,800,000
1,655.835

3,092,156
1,683,306
2,572,771
295,046
39,726
162,874
1,035,470
627,137
119,914

100\ /260

280

85

95

2

3

Newport Nat Bank..
•Oentral

Sav

Bank.. d




3,000,000
Merchants' Nat Bk.
1,500,000
Nat Rock Bk of Bos
Nat Shawmut Bank. 10,000,000
2.000.000
Second Nat Bank—
Web to Atlas N Bk..
1,000.000

51,697,406 613,871,278 12}*
100
55,630,086 84,650,761
20
2,863,565 29,145,844
20,809,802 177,955,394
4,771,494 80,344.634
50
453,128
11,894,377

145,000

32}*
375
60

19 Yi
19}*
125
130

12lt

100
2>*
10

10

100

125

140""

100 fflOl
125
100
120
100

146""

10

100

7

"IP*
68

♦
a

Sale price.
New stock.

b Dec. 31,

32

36

c

e

100
100
10

Home Savings

Oapital Oity State Bank of that city under latter's title.
/ Citizens' Union Fidelity unified certificates.

~125Q~

g

Affiliated with the First National Bank of Louisville,
Member of Northwest Bancorporation.

i March

,

■

'

price.
and preferred stock or capital notes outstanding.
Bank of Des Moines, Iowa, merged March 5,1938 with

Retirement

d Common

V

-

1937.

n

100.000
100,000

31}*
355
55

100I

NewportAmerican Nat Bank.

Nomi nal.
Per share.

Bjston—
First National Bank. 27,812.500

7, 1938.

k Units.
I Last Sale.

,

104

BANKS

Surplus &
Profits

Boston S Dep & Tr_.
Columbia Trust Co..

Day Trust Co
Fiduciary TrustCo__
New Eng Trust Oo__
Old Colony Trust Co
Pilgrim TruBt Co—
State Street Tr Co¬

Cross

2.000,000
100.000
1,250.000
*
500.000
1,000.000
<5,000,000
400,000
3.890,000

Par

Bid

Ask

36.133,930
2,184,243
12,353.924
2,740,813
32,950,820

100 r280
100

Detroit—

Common

100

*10

6,468,336
87,700,459

100

165"

100

255

270

( 10

10

13

pref..
Wlnthrop Trust Co.
_

11

14
d

I

2,502,280

10
100

Michigan Ind Bank

share

160
44

J 1,660,000 C138737.568

f 20
1 20

3,627,005 111,708,676
55,529
144,138

50

180
48
—

"70"

•

—

80

100

Nat Bank of Detroit-

7,500,000
10.000.000

...

JU,931,074

500,000
935,000

Common

J u 768,000

I

10

1

391,151,168

25

SOX

six

23

26

36
21

39
23

25

28

United Savings Bank
Common
Preferred

19,175,308

I 10
I

10

Equitable Trust Co-

Beverly—
Beverly Nat Bank..
Beverly Trust Co...

Common

308,088
86,311

300,000
100.000

3,905,559
1,482,964

100
100

130
70

500,000

...

135

Class "A"

75

Class "B"

101.260

pref
pref...

403,261

1.883,186

(7

127,860

f 20
20

\
I

20

Detroit Trust Co—

Brookton—

Common

Brockton Nat Bank
Common....

7,486,955

20
25

408,239

6,731,481

6,334,127
4,291,458
19,655,174

100

Highland Park Trust

623,505
481,633

20

20

500,000

350,154
5,602.142

100
100

22,580,512
9,537,293
3,173,729
5,356,197

20

44,936
398,810

i

96,695

f

418,146

e

41,587
613,036

g

g

Flint—

1,236,708

600,000

820,399

9,426,619

10

400,000

227,577
524,686
112,250

5,584,386
6,891,524
3,154,977

100

91

150

205

100

80

c

c

10
20

450
10
66

500
12

68

Oit Com & Savs Bk. *1,000,000
Genessee Co Savs Bk
700,000
Merch & Mech Bank
192,000

Nat Bank of Flint

Everett—
Middlesex Co Nat Bk

1

150.000

Un Guardian Tr Co.

150,000
300,000
1.000.000

Harvard Trust Co

1,888,478 012,372,318 f

50

45

Cambridge—
Cambridge Trust Co
County Bk & Tr Co.

1,423,260
1,263,691

...

Preferred

593.327

300,000
300,000
600,000

Preferred
Heme Nat Bank

729,633
244,826

400.000

20

30

20

20

20

18

¥

cl,277,608

20

10

13

8.650,477

20
20

8

Grand Rapids—

Fall RiverFall River Nat Bank
Durfee Trust Co
Fall River Trust

427,500
300.000

Central Bank
Nat Bk of Grand Rap
Common

250,000
500.000

Preferred

220,000

mm

12

/20

m m

Peoples Nat Bank—

Fitohburg—
Safety Fund Nat Bk.
Gloucester—

50

3,000.000
100,000

Preferred

12,466,857

Ask
inal.

Per

$

1,500,000
3,650,000

.—-

Preferred

None

700,000 11,409,976
450,000
136,254
100.000

Convertible

—

Mfrs National Bank.

ll S Trust CoCommon

$

Commonwealth Bank *3,950,000 el,127,596 c57,007,202
Detroit Bank....—.

r400

Bid

Par

Deposits

Nom

100
5

Dec. 31

Cross

Surplus &
Profits

Capital

Nomi nal.
Per share.

Siatt Institutions

MICHIGAN

March 7

March 7

Deposits

s
3,943,809
242,993
1,880,245
655,878
2,922,123
5,285,250
408,904
5,415,902

Boston—

COMPANIES

TRUST

National Banks

Na"Sch7nk' MASSACHUSETTS

Capital

AND

Common

886,977

500,000

7,019,965

100
No

Cape Ann Nat Bank.

263,822
163,695
184,512

150.000
120,000

Glouo Nat Bk of Olou
Gleuces S D & Tr Co

300,000

2,878,280
1,998,6691
3,632,679

400,000

Preferred
Old Kent Bank—

.>

100
10

rec
sa

Common

ent
les

20

1.000.000
1,750,000

Preferred
Grand Rapids Tr Co. *
Union Bank of Mich-

Michigan Trust Co..

Haverhill—
Haverhill Nat Bank.

999,205
154,211

200,000
300,000

Merrimack Nat Bank

6,116,521
2,391,890

100
10

Saginaw State Bank. *
Second Nat Bank &

Holyoke Nat Bank—

Tr Co

144,729

7,653,790 / 50
1 50

100,000
150,000

149,926

2,627,053

Hadley Falls Tr Co.. Jfcl,400.000

339,088

9,432,416

6,172,392

no

10

e

250,000
1.200.000

e

377,000

e

e

135,107
3.53,875
656.977

g
g

22

10

1,586,090 c42.341.451

400,000

100
8
17
11

20
50

866,490
c2,500,616
1,938,233

20

24
150
12

20

13

25

c6,084,244

20

21

23

1,971,431 c27.560.006

1.250.000

100

185

200

142,313

20

319,014

15

10

10

Holyoke—Common

13

10

7,409,981

j, 405,649

225,000

275,000
380,000

Preferred
Park National Bank
Common

Preferred

J100

60

60

1100

Lawrence—

Bay BtateMei'Nat Bk

600.000

National Banks

25

State

MINNESOTA

March 7

Institutions
Dec. 31

Lowell—

Appleton Nat. Bank.

300,000

413,169

3,847,844

100

112

1.000,000

556,682

10,698,427

25

18

Union Old Lowell

Nomi

National Bank

23

Lynn-

100,000

32,576
334,702
43,527
997,736

City National Bank.

600.000
Duluth Nat'l Bk
*
200,000
First & Amer Nat Bk
2,000,000
Minnesota Nat Bank
of Duluth
400,000

Central Nat Bank—

Common..
Preferred
Manufac'rs Nat Bk.
National City Bank
Common
Preferred
Essex Trust Co

129,478

200,000
190,000
200,000

...

Lynn S Dep 4c Tr Co
Security Trust Co...
New BedfordFirst National Bank
Merchants Nat Bk..
Safe Deposit Nat Bk

721,500

c

c

224,449
516,039
440,869

600,000

425,000

385
46 X

100
20

/50

39

30

81,647

1,829,074

100

547,000

91,636

3,343,063

10

9

50

555,920

6,216,683

10

Naumkeag Tr Co—
Common...
Preferred

250,000
200,000

>

15
17

15

10

Springfield—
Springfield Nat Bank

2.000,000

413,832

14,221,584

10

10

1,500,000
1,000,000
1,000,000
194,250

2,623,275
1,344,727
1,784,048
a
101,563

27,849,986

100

325

12,475.022
12,972,736

25
25

71
61

1,975,807

25

Common

Third Nat B &T Co..
Springfield S I) & Tr.
Union Trust Co

West Springfield Tr.

Taunton —
Machinists' Nat Bk.
Bristol County Tr...

200,000
300.000

278,223
316,211

2,052,966
4,076,381

100
25

25

Worcester—

886,638

Guaranty Bk & T Co

300,000

Worcester Co Tr Co
Common
Class A..........

274,668

4,525,841

1,000,000
2,000,000

Jl,777,226

c36,538,059

........

100

N

o

re

5,912,990
10,685,165
1,085,617
881,287

100
100
100
66*«

sa

cent
les

123.051
2,127,083
27,635
1,737,893
26,307
1,696,252
7,540,165 129,671,632
e
30.928
868.337
143,584
5,471.981
517,648 14.782,876
39,685
1,875,918

6100

215,259
464.291
40,509

28,224

6
*

100.000
380.000

15,481.014 1100
100
10

J10
110

St. Paul—
American Nat Bank.
Commercial State Bk
Drov ExchState Bank
First National Bank.
First State Bank

200,000
125,000

172,281
61,625

*1,694,000

100
lOO

5X

5X

244,354
242,931
45,649

*

150,000

ok 200,000

p6,000,000
100.000

113.328

218,281
167,041

p

100,000 1
175.000

Pi .000.000

4,845,178 plOO
1.713,819 100

No

re

cent

sa

26,053,508 100
4,758,181 100
1,879,149 100
7,685.966 118,700,244 pi 00

ik 470.000

300,000

First Trust Co

17
9X

1100
20

Rochester—
First National Bank.
Union Nat Bank...

Midway Nat Bank—
Common......
Preferred....

110

<_.

b

Midland NatBk & Tr *
990,000
<100
Minnehaha Nat Bk. 6
100,000
6100
N'western Nat B & T
Common
5.000.000 13,325,605 111,192,282
J100 i
Preferred
2,000.000
1100
Produce State Bank.
100,000 J
37,879
1,308.576 6...
2d N'west'n State..
50,000 ?
13,928
1,020,161 i
Third N'west'n N Bk
100,000
128,269
1.624.408 <100
4th Northwest Nat'l.
125.000
125,473
2,764,754 <100
University State Bk.
91,400
37.028
1,182,059

Stock Yards Nat Bk. *

500,000
500,000

Preferred

Hennepin State Bank
Marquette Nat Bank

EmpiraNatBk&TrCo

Mechanics Nat Bank

Common..

100,000

Central Nat Bank
138,000
Fifth No'west'n N B_ i
100,000
First NatBk&TrCo 66,000,000

Salem—

Merchants Nat Bank *

50

29,237,852

Northern Nat Bank.
1.000,000
Pioneer Nat Bank
100,000
Western Nat Bank.. *
100.000

Blooming'n-Lake NB

19

50
7,107,067
20
8,940,600
5,612,898 12X

200,000

..

7,010.853
2,079,817

Minneapolis—

Peabody—
Warren Nat Bank

share,

100
100

835,373

157

3,495,817
9,156,686

68,953
426,605
609,437
795,151

101

2,758,206 J 50
1 50
2,846,904 100

257,095

200.000
250,000
250.000
100,000
400.000

_

3,365,652 I 60
I 50
3,159,722 100

Tisr*

Per

Duluth—
Bank of Comm & Sav

les

2

7X

a

share.

2,202,255 100
8,317,371 100
4,473,117 <100

153,347

5,027,592 flOO
1100

207,706

PlOO

21
*

Sale price,

t No
a

par.

Dec. 31, 1937.

b First National
Group,
c

Includes savings deposits,

d Convertible
preferred stock entitled in
e

liquidation to $20

March 7, 1938.

/ Retirement price.
g Tru~t balances.
< Member of
Northwest

National Banks
March 7

MICHIGAN

State Institutions

o

March 7

p

Nomi nal.

Bay CityBay City Bank

300,000
Natl Bk of Bay
400.000
City.
People's Commercial
& Savings Bank... *1.000.000




Per

25.456
222,525

2.556,943
6,648.050

Bancorporation.

share

100

American National Bank of St. Paul affiliate,
Member of the First Bank Stock Corp.

t

Stock has to be offered to board of
directors*

s

New stock.

t Affiliate of

535,634

9,963.514

20

First National Bank of Boston,

N

o

re

100

'

•

* Common and
preferred or capital debentures outstanding.
I Last sale.

cent

ii

sa

les

x

Ex-dlvidend.

t

First Bank Stock Corp.

June 30.

1937.

'

SX

APRIL, 1938]
National Banks

MISSISSIPPI

March 7

National Banks
March 7

Institutions

State

Dec. 31

Jaokson

Oommon

Depoz Gu Bk A TrOo
Jackson-State N Bk_

446,294

50,000
787.500

Oommerc'l Bk&TrOo

13,381,920 f

13,618
215,626
339,920

300.000

40

545,357
10,582,920
12,990,801

[

101,754
203,417
75,146

o

cent

sa

100
100

2,988,066
2,937,195
3,606,514

179,487
271,465

645,000
300,000

National Banks
March 7

MISSOURI

600.000

262,513

8,806,669 elOO

100,000
365.000

119,501

6,111,724

100

2,669,244

100

Oommon
Preferred..

8

National Banks

State

Institutions

March 7

Nominal
Per

Community State Bk
First National Bank-

Inter-State Nat Bank
Ldnwood State BankMerchants Bank

105

115

100
100
100
100

295
65

330
75
112

100

108
70
450
290

Nomi nal.

share.

100

100

Lincoln—

Per

Continental NatBkCommon

250.000 1

First National Bank.

100

100

310
135

100

200

225

170

198.000

Capital notes
Missouri Bk & Tr Oo
Common
Preferred
Park National Bank.
Plaza Bank of Go mm
Produce Exch Bank.
Traders' Gate City
Nat'l Bank
k
Southeast State Bk.
South Side Bank—

86,000 li
114,000

47,972

52,066

127,829
136,894
64,989

550.000
100.000 i

50,000 1
400.000

100

120

100

120"

130""

100

120

1,393,110 flOO

1100
21,115

50.000

200,000
100.000 i

50.000 li

Oommon
Preferred
Stock Yards Nat Bk.
Union Nat Bank—
Oommon
Preferred
West port Aye Bank-

100

7,715,870

1,538,865
3,211,073
2,478.305

100

7.966,808 62 H
1,112,730
100

Oommon

27,385

788,584 flOO
6,538,045

100

628,552

24,517,487

/ 10

100,000

178,923
118,785
16,234

1,818,784
1,591,177
630,329

University Bank

12,597,684

lot

li,242.511

43,943,972

J100

160

20

750.000

e

67,726

94.000 r
60,000

Preferred

g20

170

\100

106.000 16

Stock Yards Nat Bk
Common

30

"150

1,500.000

52,550

2,309,435 (100
100

250,000 1
450.000

------

25

907,246

6.351,404 flOO

83,701

1100

el.100,000

I

200"

22,875,836

807,877

100

225""
12

10

National Banks

15

NEVADA

March 7

100

140

100

195
75

100

95

Nomt nal.

Reno—

Per

First Nat Bk of Nev. d

600.000

889,472

26,972,764

imoskeag Nat Bank

200,000

5,153,474
3,278,362
2,293,347

100

150,000
200.000

885,922
522,352
252,192

k

200,000
400.000

397,952
524,212

SecondNatof Nashua k

600,000

504,229

5,900,671
5,767,430
6,245,689

share

100

Manchester Nat Bk.

Ut.

250

28

24,760,848 f 20

379,992

65

50

150

200

100

lioo
265,899

100,000
100.000

62>$
75

alOO

*125"

100

| 824,393

Oommon
Preferred

D S Nat Bank

1,000,000 I
1.158.000 '

Union Av Bk of Oom

52^

IlOO
19,975,375
11,263,370

1,500.000
250,000
450.000

Preferred A
Live Stock Nat Bank
Omaha Nat Bank—
Common
Preferred
Packers' Nat Bank:

South Omaha Sav Bk

65

564,171
710,433

share.

9,628,982 flOO

Omaha—
First Nat Bank—
■

200.000 U 324,082

183,889

290.000 f
850,000
300,000

e

90
470

Merc Home Bk A Tr

Common

les

1100

NEBRASKA

March 7

Dec. 31

61,877
100,000 i
1,790,987
600,000 1,638,264 20,193,720
135,103
500.000
6,037,957
6.000,000 4,079,496 156,955,891
46,744
100,000 i
1,263,514
2.000.000 4,496,292 113.060,877
500.000 1,170,256 21,831.120
66,911
100,000 i
1.522,751
172,855
200.000 i
3,205,065

cent

/100

100

Kansas City—
Baltimore Bank
City Nat Bk A Tr Oo
Columbia Nat BankCommerce Trust Oo

o

re

sa

Helena—
First Nat Bk A Tr Co k
Union Bk A Tr Oo—

Institutions

State

12,438,112 100
1,151,996 100
12,981,373 0-~-

2,522,445

N

les

50

5,380,937
5,363,531

724,538
23,320
565,771

150.000

Metals Bk A Tr Co.

Vicksburg—

First Nat A Tr Oo
March NatBkATr Oo

300,000
100,000
600,000

200,000

First National BankMiners Nat Bk

N

270,000
350.000
241,000

199,522
137,953
159,970

4,066,773 (7100

100,000

Butte—

100

Ask

Bid

Par

Billings—

165

re

Meridian—
Citizens Nat Bank..
First National BankMer A Farmers Bank

Gross

Deposits

Nomi nal.
Per share.

Midland Nat BankMontana Nat Bank.
Sec Tr A Savs Bank.

30

[

300,000
100,000

Preferred

March 7

Profits

Capital

Nomi nal
Per share.

Capital National Bk-

State Institutions

MONTANA
Surplus &

Ask

Bid

Par

Deposits

105

COMPANIES

Gross

Surplus &
Profits

Capital

TRUST

AND

BANKS

Joseph—

American Nat Bank.
Burnes Nat BankFirst National BankFirst Trust Oo

200.000
200.000
500,000
100.000
250,000
200.000
200.000
136.000

First St JoaSt'u YdsBk

Tootle-Lacy Nat Bk.
Empire Trust Oo
Missouri Vail Tr Oo.

226,573
270,565
420,115
130,572
77,151
263,843
97,331
66,587

7,169,515
3,835,619
6,178,726
2,900,465
3,449,615
7,262,234
2,074,640
1,076,143

100
100

100
100

N

o

re cent
sa

'loo

les

100

Manchester—

100

Merchants Nat Bank

8t. Louis—

107,500 1

...

330,000
Boatmen's Nat Bk.. 2.000,000
Bremen Bk A Tr Oo_ k
400.000
Cass Bk & Tr Oo.... k
450,000
:

First Nat Bank
10.200,000
Industrial BkATrOo
600,000
Jefferson Bk & T OoOommon

200,000 I

8.361
2,057,341
297,186
198,582

2,501,108;

52,356.221
5,514,750
5,607,917
7,404,046 219,792,210
435.881
9,966,960

20

6

20

2,049,158

15

00

50
27

20

100

28""

95

100

9

125

17

(20

30H

re

cent

sa

les

62

Indian Head Nat Bk k
Nashua Trust Oo

100

300
1135

100

100

100

105

Portsmouth—
First National Bank.

w

80,904

3,324,053

/100

640,242!

83,883

6,254,291

loo

50,000
50,000

29,241

600,000

563,264
176,135
244,782
140,329
674,704

10,772,277

20

16

5,368,068
8,715,223
3,423,579

100

92

87

92

20

20

24

15,956,125

175

50

20

20

100

130

20

32

33"

1.000.000

329,467

3,228,591
4.399,595
4,578,481
14,701,602
7,781,324

100

1,000.000

54,179
170,454
201.178
741,027

100

60

65

250,000 1
75,000 f
200,000

90,352

3,057,715 /100

35,142

1,455,488

No

lioo

re

cent

sales

100

98

100

Oommon
Preferred
New Hamp Nat Bk.

19

Capital notes
Jeff-Gravols

64,439

92,500

...

Baden Bank

100
100

Nashua-

Amer Exch Nat Bank

Oommon
Preferred..

Nomiinal.
Per share.
N'o

215,000,1

Bank.

70
30

50""

Lemay Ferry BankCommon
Preferred

987.312 J100

National Banks

aloo"

\100

& TOo

Manchester Bank

500,000
450,000
200,000
350,000

Mutual Bk & Tr Oo.Plaza Bank (The)
Sec Nat Bk SavsATr
Southern Oommerc'l
& Savs Bank
South Side Nat Bk—

60

423,000
400,000

Telegraphers Nat Bk

500.000

Tower Gr Bk A TrCo
United Bk & Tr Co..

340,000
250,000
300.000

71,272

100

Merc Oom BAT OoMer can tile-Oom

3,188,177
2,925,189
4,757,565

Per

100

53.083

249,589

100

120,000
343,783

Preferred

25

Nat'l Bank.
Miss Val Trust Oo..

311,725
6.000,000 i3,055,216
Meund Oity Tr Oo
it
246.059
23,836
Nerth 8t Louis Tr Oo
261,520
300,000
Nerthwest'n Tr Oo._ k 750.000
271.494
WebsterGroves Tr..
196,913
100.000

350COOO

5,772,192
87,029,326
2,279,633
4,161,136
6,828,787
2,736,160

100
25
100

Oommon

500,000
2.350,023

Preferred

225,000
1.184,518

15
75

Preferred

112

114

Union Nat Bank.... it
Southern Missouri Tr

100.000




13,096
330,633
94,954

2,452,173
10,076,031
1,988,884

J

1,679,018 /ion

95,959

t
4,538,947

a30

10

j.f3577,212

( 10

1

10

5

6

1,314,131 /ion
1 io

j 104,224

2

3

50

4

60

28

20

60
23

100

100

100

175

4H
29

Seacoast Trust Oo

Bayonne—
Jfc
Broadway Nat Bk
Bayonne Trust Uo_.
_.

580.500

196,322

5,427,829

100

300,000
100,000

Asbury PkNat Bk A Tr k
Asbury Park A Ocean

227,312
92,708

3,171,625
1,167,336

10

200,000

1,505,218
10,715,609

50

400,000

37,440
407,881

246.600
575,000
249,500

98,650
173,269
117,210

2,090,722
4,937,749
1,394,842

5

9H
3K

10
4

100

75

100

35

45

100

73
13

80

110

Bridgeton—

Springfield—
290.000
595.500

share

70

Asbury Park—

Bridgeton Nat Bank.

it

100

5,145,424

Equitable Trust Oo—

Cumberland Nat Bk.
Farm A Mer Nat Bk. k
Citizens' Bank

668,365

Guarantee Trust Oo-

Grove Rank-

merce

400.000

Bankers Trust Oo—

100

)J 5,226,518 152,735,492

Llndell Trust Oo...

31

Nomi nal.

Oommon

Chippewa Trust Oo *
■aston-Taylor Tr Oo k

Sla".Dec.

Atlantic City—
Boardwalk Nat Bank
Oommon

\

NEW JERSEY

March 7

Manufacturers Bank

20

15

100
100

♦

Sale price.

a

Retirement price.

100

*

1

6 Dec. 31, 1937.
c

June 30,1937.

d Owned by the Transamerica Corp., San Francisco. Calif.
e

Member of Northwest Bancorporatlon.

/ Includes reserves.
g

Member First Bank Stock Corp.

h Reserves,

i March 7, 1938.
k Preferred stock and common stock

or

capital debentures outstanding.

I Last sale.
s

Member of the

t Preferred

Guardian

stock retired.

Detroit Union

Group Inc.,

Detroit Mick.

106

BANKS

AND

TRUST

COMPANIES

g"

National Banks
March 7

NEW JERSEY

Capital

Surplus &
Profits

National Banks

State Institutions
Dec. 31

NEW JERSEY Sla" ITT™

March 7

Gross

Deposits

Par

Bid

Ask

Gross

Surplus &
Profits

Capital

Nomi nal

Nomi nal.

O&mden—

$

FlrstOamNatB&TOo d2,192.891

850,406
396,190

Oamden S D & Tr Oo s3.287.500
Merchantvllle
Nat'l
Bank & Trust Oo. d
224,375

West Jersey Trust Oo s

103,016
434,269

645,500

Xait OrangeAmpere Bank Ac TrCo

200.000

117,715

Bar Inv & Trust Oo:

Per

23,825,783
24,411,006

8

3
2

3

43,643
79,391
1,198,065
690,861

12,668,101
39,168,145
992,204
1,136,685
27,554,058
22,012,661

527,585
477,666
406,907

3,030,093
2,904,713
1,724,230

share.
75

Per

$

65

10

.

6

5
18
25

20

50

7i

4

10

38

100

100
50

30
80

Woodbury—

45

2,696,533 33 X

479,003
1,298,158

Prospect Natl Bank.
Security Nat Bank..
Trenton Banking Oo

4

1

1,148,182
8,458,849

TrentonBroad St Nat Bank. dl ,000.000
First-Mecb Nat Bk. d3,167,000

200,000
200.000
1,500.000
Tranton Trust Oo... dl ,874.000

share.

6

Ask

Bid

Par

Deposits

& Mechanics'
National Bank

Farm

95,600

Common

%

495,000

Preferred A.
Preferred B

434,509

100,000

First Nat Bk & Tr Oo

18 785,027

274,165

3

4

200.000
100.000

50

50

22

Woodbury Trust Oo

10

Elizabeth—
400,000
dl.310.000
500.000
Elisabeth Trust Oo.
dl.020.168
Union County Tr Oo dl,114,345

Blisabethport BkgOo

158,555
157,547
45,107
110,045
287,054

Nat'l State Bank-

Central Home Tr Oo

7,050,806

20

15,091,331

25

10
18

3,638,472
4,102,937
12,023,292

50

15

10
1

4

1,517,297
2,180,618

20
10

""6"
National Banks

floboken—
Columbia Trust Oo..
Seaboard Trust Oo..

NEW

March 7

100.000
500.000

25,166

346,162

1

Institutions

State

YORK

•

Dec. 31

»

to»
Nomi nal.

Jersey City—

Albany—

First National BankFranklin Nat Bank..
Hudson Oo Nat Bk—

2,225.000
I
400,000

1,250,000
Preferred
1,500,000
100,000
Bergen Trust Oo
Commercial Tr N J
3,400,000
N J Title Guar & Tr. d2,999,996
North Bergen Tr Oo
100,000
Common

1,228,604
35,064

n

506,646

l

79,757
4,221,931
705,484
27,823

..

47

46,349,805 100
3.474.665 37 M
32,190,460 [

6

7
r30

mm

17

Pet

Mech & Farmers Bk.

7

25

\ 30
980,233 100
25
59,762,786
24,154,634 12 X
1,103,439 10U

53

mm

1,410,717
3,432,626
Nat Com Bk & Tr (in
5,149,883 59,947,601
State Bank of Albany d2,900 000 p2,575,974 112,521,472
first Trust Oo
d2,980.000
418,416 23,787,511

share

600

250.000

100
100

420

230

50

50

"

440

240
60

Auburn-

29

31

Nat Bank of Auburn

400,000

3

4

Auburn Trust Oo..

70D .000

2

Binghamton—
Oity National Bank.

349,645
107,903

6,115,344
5,934,564

100

756,444
411,961
527,447

9,565,369
9,888,999
7,696,611

100

100

Trust Oo of N J—

1,140,000

Common

Preferred A
2,500,000
W est Bergen Tr Co.. d
400,000

J2,175,237
29,515

a

53,422,955
2,834,611

1X

h

r

5

4

400,000

Bank:

First National

600,000
(500.000

Marine Midl'd Tr Co

Long Br&nob—
230.000

53,907

2,636,911

50

280,882
325,753
14,906
824,366

7,782,900
7.111.666
1,719,205

25

150

9,939,690

15

Brooklyn—State B ank <* Tru

Morristown—
First National Bank.
National Iron Bank.
American Trust Oo_.
Morristown Trust Oo
Mt.

10

Sensonhurst Nat

50

"27" 16"'

Holly200.000

445,445
155,478

100.000

50

50

2,904,241
1,672,861

150

100

160

Newark—
Bank of Commerce of

58.256

600,000

Franklin Wash Tr Oo
Mt Prospect Nat Bk.

884.000

391,674
121,189

Newark

100

100

25

1,465,766
8,814,920

20

23

8

12

6,833,123

8

1,255,047

144.130

1,444,038

600.000 nl, 691,115

526.980 /
400.000

564,820

Federal Trust Oo...

1,622.500

Fidelity Un Tr Oo—

d7,500,000

45,812
1,088,588
7,804,034

Merch & Newark Tr
2.600.000
Union National Bk.. a
336.300

pi,849,690
n
118,557

United States Tr Oo.
West Side Trust Oo.

600.000

566,563
386,410

1.076.000

45

41,316,547
21,869,412
2,881,514
1,939,844
32,932,277
143,393,689
16,878,453
3,375,410
3,326,883
10,313,986

100

70

75

100

500

225,000

!

950,000
550.000

500.000
!

8.200.000
500.000

144,332
2,559 ,233
108,892
2,597 ,361
55,413
2,875 ,386
3,627 ,181
315,950
7,918 ,404
343,730
5,648 .373
297,628
5,669,948 114,514 ,936
6,207,131 41,247 .957

50
100

89

33>i

"36"

100
100

65

105

"46"

*47*

50

55

68

100

73

100 1600

1640

26

Common

2,200.000

Debentures
2,500.000
Lincoin-B Side N Bk d
200,000

mm-mm

Tr Co.

5.000.000
(8.000.000

Marlne Trust Co

51,017,368

10

13

15

148,779
2,162,719
7,865,714 90,778,656
8.729.063 160.296,925

10

8

10

13,526,994

20^
5M

10

(32 t

2!i

Elmlra—

8

10

Ohemung Oan Tr Oo

800,000

10

9

23

10
25

First Nat Bk&TrOo

1.237.500

10

24

26

25

25
50

25

"26"* "22""

25 b

15

18

20

1,571,639
743.113

11,630.028
14,340,000

144,360
524,921

5,082,072
9.532,404

311,967

12,938,795

658,338
157,754
484,386

8,016,699
3,786,570
4,865,816

100

400.000

200,000

467,623

1,223,435

100

250,000
150.000

128,504
90,813
465,582
472,936

2,019,335
1,178,734
4,108,322
6,469,192

25

Ithaca—

First National Bank. d

600.000

Tompklns Oo TrCo.

650.000

d

100

25

65

Jameatown—
871,250

Peoples Nat Bk

300,000

25

10,185,223
6,176,566

N

100

re

cent

sa

388,424
358,927

les

New BrunswTrOo—

Common

300,000

Preferred

471,273

103,218

1,848,267

I10

0

r30"~

110
■

North & West Hu dBon—
IstNat Bk of Un City d
337. 896

118,460

Preferred
Hamilton Nat

Bank
of Weehawken

32,199

4,384,256

n

100, 000
500 000

i

60

1,332,820

60,519
117,298
119,024
107,532
354,175
1,930,880
14,614

1,186,346
5,652,357
5,597,146
3,274,687
8,372,107
25,992,810
1,340,250

Passaic—
Passaic N Bk&Tr Oo d2,250.000
1,783,252
1.000.000 p 313,822
People's Bk & Tr Oo.

29,630,425
4,760,708

598, 500
100, 000
400 000

Weehawken Tr Co

Oity. al.OOU, 000

Woodcliff Trust Oo__

145, 000

25

50

25.837

...

249,234
176.0<H

124,242
62,481
578,964
93,830

100,000
Mld-o»ty Trust Oo.. 4
Plainfield Trust Oo.
dl, 150, OCX)
State Trust Oo
d
247.500
.

8

10'

20
2

Common
Preferred
Second Nat Bank
Paterson Sav tnut

680.000

408,456

625.000
103,000
300.000

52,61.5
55,670

600.000

375,000
l.oOO.OUO
1,000.000

7H

Common

Common

Preferred

Hamilton Trust Oo.
U S Trust Co—
Common

100.000

300
13

20

350

(50

/:

926,419

823,726
2,122,232

150.000

11

25

16

20

100

4

550.000

o

10

re

cent

100

sa

les

100
100

8

10

5
250
8

10(i

New York City- Deposits A ew York Ci
and
ly banks are repo rled "ft
arc o/
Sur plus and p rofits are of date March 7, *38
April 2, 1938.
llt'Hll
I
for National and Dec. 31,19 37 for Stat e banks, a
■cor a
of banks and trust companies in New Yo rk City and Broo klpn » w be
found inour"Rai Iway" Secti on, pages 1 93, 194,195 .196
197. 198.
,

25

Amalg Bank of N Y.

25

N

2

4,209,910
1,370,094
1,231,458
16,850,439
3,909,387

100
100

0

Ootnm'l Nat Bk & Tr

re cent

25

650.000

□unbar Nat Bank..
Fifth Ave Bank
First National Bank.

sa

25,200

5,938,100
Bk of the Manhat Co 20.000.000 P25862263 481,073,000
Bank of Yorktown..
1.000.000
756,900 n 7,134,900
Chase Nat Bank
100,270,000 128391441 1985595000

les

7.000.000

8,247,399
500.000
383,354
500.000 p3,688,422

n

72,136,000
3,154,096
48,433,000

10,000,000 109384484 451,658,000
Grace Nat Bk of N.V
1.600.000
1,937,473 n26,157,131
Merchants Bk of N.Y
400.000
215,400 n 4,997,700
Nat Bronx Bank
d
790.000
255,949 p 8.102,730

100

80
12,400,120 J100
1 6C
1,148,827 100 1 1 1 1 1 •
20
2,181,642
1

1

1

1

1

1

50
12,776,635 J 50
\ 20
60 ""45""
16,646,113
80
25
29,778,361

100
10

""18H

13.55

100

20

48

66*3

54

25^

,1V*

133

127

25
100

740-"

"710"

100 1580
100

100
50

1620

ll/f"

loo"

42

37

"160"
*

a

~50~~
85

Prospect Pk Nat Bk
Preferred
Citizens Trust Co—

7H

N

4

First National Bk—

Nat Un Bk of America
Paterson Nat Bank—

500.000

Kingston Trust Co..

20

Paterson—
Common
Preferred
Haledon Nat Bank.. d

200.000

First NBk of Rondout
Nat'l Ulster Oounty
Bank of Kingston.
Rondout Nat Bank..
State of N Y Nat Bk

Plainfield—
First National Bk
Plainfield Nat Bank.

10

990.000

300.000

10

10<

1,370,043 f
I

141.414

Liberty National Bk
Guttenberg
Merchants TrUnOlty
Oomw'lth Tr Un City
Gutfb'g Bk & Tr Oo

500.000

Debentures "A"__
Debentures "B"._
The First Nat Bank.
Nat Ohautauq Oo Bk

Kingston—

100, 000
42, ,750

Common

Bank of Jamestown:
Common

Union Trust Co

Nat Bk of W N Y—




240,000

:

525

15

.4 M

New Brunswick

Nat'l Bank of N J

Preferred

200.000
:

Klngsboro Nat Bank
Lafayette Nat Bank.
People's Nat Bank.,
Brooklyn Trust Co:
Rings Oo Trust Co..

Mfrs & Trad

3,000.000

National State Bank
d
Clinton Trust Oo
Columbus Trust Oo

n

Bk

Citizens Bk of Bklyn
Flatbusb Nat Bank.

Liberty Bk of Buffalo

Nat Newark & Essex

Huds Tr Oo U

311 937.

Buffalo—

150,000

Lincoln Nat Bank...

Banking Oo

st Co. retur ns dale Dec.

Nat. banks Mar. 7 *38

595,488
200,000
600.000 p

Union Nat Bk&TrOo
Farmers' Trust Oo

50

100

500,000

Long Branch Bkg Oo

1200

100

Sale

price,

t Marine

Midland

Corp.

March 31, 1937.

b

Includes

c

Preference stock.

security

stock,

d Common and preferred stock capital debentures
outstanding.

329,316

600.000
594.000

264,366

dl.325.000

392,975

600,000
750.000

357,327

4,472,756 (

25

125

50

I

100

50

1

50,000

9,252,551

11212

3,748,058

10

13,099,564

noo

1

50

e

Represents capital, surplus and undivided profits.

f Includes preferred

c -

m

m

m

rl2^

stock

retirement

fund.

3

60

0

Includes

h

Affiliated with the Trust Co. of New Jersey, Jersey Oity.

(

16

15
~

Controlled

reserves.

by

Marine Midland

Corp.

k June 30. 1937-

1 Last sale.
n
0

p
r
s

Dec. 31. 1937.

Sept. 30. 1937
March 7, 1938.
Preferred

Directors

stock

of

the

6

retirement

Camden

price
Safe

r

-

-

T

Deposit &

Jersey Trust Co., both of Camden, N.J.

on

Trust Co. and the West
March 14, 1938 approved a

plan to consolidate the two institutions under the title of the Camden Trust
Co. early in April,
u

Reserves.

April, 1938]
National Banks

NEW YORK

March 7

Surplus &
Profits

Capital

TKUST

AND

BANKS

National Banks

State Institutions
Dec. 31

Par

Nomi nal

N. Y. City (Concl.)
s
S
$
National City Bank. 77.500,000 58,493,483 1612009000 12 X
NatSafetyBk& Tr Co si .014.300 f
500,000 /15,242,300 12H
Penn Exchange Bank
244,400 / 3,122,900 10
C529.000
Public Nat Bk&TrOo
7.000,000 8,931,958 130,097,000 17 X
Schroder Bkg Corp.
5.000,000 2,261,976 / 22,327,664
Sterling Nat B & T..
1.600.000
1,944,858 d26,226,068 "25
Trade Bank of N Y_.
0418.750
285,300 f 6,495,400 12 X
Trust

co. returns

d ate

Bk of Athena Tr Co.
Banca Com It Tr Co
Banco dl Nap Tr Co.
B'kof Montreal Tr Co
Bank of N Y & Tr Co
Banker* Trust Oo

Bronx County Tr Co
Cent Han Bk&Tr Co

Chemical Bk & Tr Co

City

Bank

Dec.

Per

share.

21

14
11

9

22 X

21

~20X

22H

16

20

144.400
834,631
612,800
605,600

3,477,700
11,657,584
16,022,600
223,200
6,000,000 dl3539146 174,975,868
25.000.000 76,932,372 819,473.017
257,500 20,116,100
542,500
21,000,000 70,476,231 831,259,130
20,000,000 54,625,894 506,375,322

Ossinlng Trust Oo.

102

96

50

"loo
10

Peekskill N B&TCo
Common
.

Bid

Par

Per

$
1,608,595
2,378.043

10,991

J,

30,000

Ask

prices
share.

20
100

mm-mmrn

------

1,839,804 f 50
1 50
3,951,585 J

Bk & Tr Oo

8
2

6

15
10

5
3

10
8

300,000

33,183

5,627,518
3,036,875
3,370,235
1,722,818
1,962,683

7,573,974

due—five Nat Bk...
Rye Trust Oo

550,000
195,000
200,000

35,515
127,093
19,951
44,128
81,371

78

81

tarrytown N B&TrOo
White Plains—
Citizens Bank

35

37

m ******

2,832,968 12 X

| 405,092

550,000
176 250

e

—

50
io

100,000
500,000

10

I

8

4

""id""
"loo

30

100

15

20

25

15

20

"50""

Peoples N B & T Co:

m

5X

Farmers'
20

50
25

60
14

11

10

10

11X

20

39^

40 M

100
10

"Isx "l9X

Common

200

220

20l~

493,912

25

20

25

871,864

10

18

23

49,891

8,606.953 I 20
\ 20

1

2

7

12

\ 25

"38" "43"

20

14,201,127

Yonkers Nat Bank
& Trust Co—

10
100

997,678

f

Yonkers—
Central Nat Bank
First National Bank
In Yonkers

25

123,231

300.000 f

County Trust Co

241,592

350,000

Preferred

50

800,000
200,000 1
150,000
680,000

e

Common

Fiduciary Trust Co..
12,059,000
1.000,000 2,027,000
Guaranty Trust Oo.. 90.000,000 dl81813540 1303953 080

174,194

170,000

Preferred
Westches Oo Nat
Common

7
20

Trust Co
10,000,000 £114033 109 58,788,500
Clinton Trust Co
502,000
0
8,144,000
750,000
Colonial Trust Co
1,000,000 d 616,448
7,744,782
Continental Bk&Tr.
4,000,000 d4,239,834 53,891,429
Corn Ex Bk & Tr Co 15,000,000 18,052,039 292,526,346
332,200
Corporation Trust Co
600.000
33,900
Empire Trust Co
3.500.000 3,947,134 76.076,573
Equitable Trust Co.
610,900
500.000
221,900
Federation Bk& Tr Co
825,000 1,066,000 10,773,000
Fulton Trust Co
2,000,000 2,889,970 23,627,831

Gross

Deposits

Peekskill—

Mutual Trust Oo.

339
330
39 X
41X

$
210,200

350,000

e

Dec. 31

Nom.

200,000

& Trust Co

Mt Pleas Bk&TrOo
Port Chester—1st N.

100
100

Surplus &
Profits

Westchester Co. (Concl.)—
Ossinino—1st Nat Bk

Preferred
Pleasantville—

31, 1937

500.000
2,000,000
1,000.000
1,000.000

Capital

Ask

Bid

Institutions

State

NEW YORK

March 7

Gross

Deposits

107

COMPANIES

400,000 I /
400,000

206"

Preferred

100

100
100

Hellenic Bk & Tr Co.

249,375
2,945,053
1,000,000
50,000,000 61,732,194 519,097,285
Schroder Trust Co..
1,353,100
17,319,406
1,000,000
Lawyers Tr Co..... 2,000.000 dl,952,044 40,419,529

Irving Truct Co

9X

10X

25

28X

~32X

20

27 X
45
5

47

77

80

10

100

d

Mfrs Trust Co:

Common
Convertible pref__
Marine Midi Tr Co..

32,998.440 145122073 595,893,076 /
9,400.520

9,020,975 104,788,878
New York Trust Co 12,600,000 27,798.656 324,291,006
Pan American Tr Co
181,000
600,000
4,162,000
Savings Banks Tr Co 2,500,000 4,752 200 99,441,300
6.000,000

Title Guar & Tr CoCommon
10,000.000 11,265,171

Debenture notes..
Trust Co of Nor Am.

8,373,670
800,000

229,300
863,400
1.000,000
2.000.000 28,760.935

0

Underwriters Tr Oo.
U S Trust Oo of N Y

h
25
25

5X

( 20

5,963,300
10.442.100
85,482.588

loo
100

1

3X

4X

250.000

153,465

2,902,720

0

450.000

4,511,714
10,729,264
6,437,743
53,948,041

100 1465

share

128

20

CharlotteCharlotte Nat Bank.
Commercial Nat Bk.

87
1515

77

•

Per
0

nal.

Nomi

I

Aiheville—
First Nat Bk & Tr..

200

17,886,691

NatiMarch7nk' NORTH CAROLINA Stale-^^fH^tions

28 X

600.000

398,231
489,782

Union Nat Bank

300.000

542,695

American Trust Oo_.

1.200,000 dl,969,602

70
200
200
255

50
100

100
100

265

Durham—
Citizens'

Jamaica, L. 1.—
Jamaica Nat Bank..

0

372.440

Rochester-

Mech & Farmers Bk-

Common

2,800,000
2,500,000

4% Conv.Preferred
Central Trust CoCommon

0

J1,929.458

71,900,203 J

20
\ 50

25

28

41

44

600,000
1,200,000
Geneeee Vail Tr Co.. 02,550.000
Roch Trust & S D Co
1.000.000
Security Trust Co—
Common

300,000
200.000

Capital notes

J 324,217
590,607
3.060,000

j2.393,279

16,642,972 f

Common

3.000,000
1.000.000

Capita] notes.....

J1,322,946

*25

15,533,690

20

37,558,858
31,808,655

Union Trust Co:

45,413,759

20

J100

8X

11X

150.000 /

46,440
500,000 dl,119,853
200,000
lon.oon

214,000

0

a

151,476
111,000
56,026

1,469,177
12,520,710
1,915,182
1,950,647
1,224.991

100

3,397,645

( 10

25
20

25
25

150,000
50.000
800.000

Preferred

| 207,669

18

25

**~m>m** +

..

10

1

10,862,795

10

N

O

re

cent

sa

les

Security Nat Bank—
Raleigh—

90

First Citizens Bk&Tr

0

790,000 d

696,615

18,137.063

25

Wilmington
People's Sav Bk & Tr

82

80

75
—— m m* **

Greensboro—

12

9

******- ——

Guilford Nat Bank—
Common

Capital notes

0

180.000

116,584
641,637

2,679,068
7,179,676

25

1000

Wllm Sav & Tr Co.

330,154

300.000

,

10

Wilson—
Branch Bkg &
Common

ji30

Tr Co
400,000 Id 988,839
396.000

Preferred
Nat

Schenectady—

Ok of Wilson

100.000 /

154,174

110.000 \
90,000
03.970.000

76,522

17,697,134 (100

275

250

(7160

1160
25

2.853,629

mmmm m

Winston-Salem—

Mohawk Nat Bank—

Preferred

0

Home Savings Baok.

Lincoln-Alii a Bk&Tr

214,117

6.025,591

425,351
526,072
300,000
750.000 61,337,130

8,660,919
8,111,539
15,206,811

851.907

21,882,634

20

J 440,987

9,061,773

J 20

04,691,844 dl,313.948

Common

Bank.

Fidelity Bank
Depositors Nat'l Bk.

100

2,666,969

Nat

53,788,962

200.000 1
253,590

...

...

Union National Bank

I

400,000

Citizens Trust Oo—

Schenectady Tr Co..

1 10
10

010

First National BankCommon
..

Preferred
Wachovia Bk &Tr_.

100
100

^2,170,601

e200~

100

2,702,930 J
I

10
10

**m+mm

************

100

72,089,425

135

130

0

Syracuse—
Lincoln Nat B & TCo

1.200.000

27X

29 H

Merch Nat J) & T Co

Common..
Preferred
First Trust ic Dep Co
Common

750,000
180.000

1

12

14

20
6

(720

National Banks

NORTH DAKOTA

March 7

6

4X

Syracuse Trust Co_.
Common

1,000,000
1.400.000

Capital notes

Jdl374709

29,126,090

e

12

14

Nomi nal.

Per

Fargo—
Dakota

Nat

National Oi;y Bank.
Nat

50,000

164,699
106,841

Bank

1,473,186
707,530
123,923

600.000

634.400
0448.500

0

Troy Trust Oo

59,840

21,457,343 i 2 5
25
11,143,080
7,111,597
3,671,846

I6s(5

Common

128,603
204,949
70,475

6,128,830
3,112,845

100
N

0

500,000

18

22

Merch Nat Bk&TrOc

n

4

5

**or & Dakota Tr Oo

c

150.000
250.001-

5

share

100

2,285,210
1,919,434

First Nat Bk & Tr Co

Manuiactur Nat Bk. 01,400.000
Union

0201.000

Fargo National Bk..

Troy—

Bank..

0

100

re

cent

25

sa

les

8

a

n

100

Utica—
First Citizens Bk & T

l.ooo.oon

990,000

Jl,452,634

600.000
196.000

j 496,346

400,000

Preferred

127,320

32,207,368

Oneida Nat Bk & Tr

1

H

{2i*o

(760
National Banks

Common
Preferred

9,808,800 J

20

t

OHIO

Institutions

State

25

Match 7

Dec. 31

Nomi nal

Common

210.000

Preferred

Northern N
Common

120,000

J 113,134

Dime Savings Bk Co
Common

5,556,457

20

4,056,629

J 35

o

I

cent

40

Y Tr Co
500,000
280.000

| 360,050

10.685,152

First-Central Tr. Co.

100,000

| <25

149,058
933,474
89,421

21,000,943
3,434,876

-

-

«.

N

-

100

14,066,684

1,315,324
536,294

18,728,965
10,882,329

100

1,231,987
171,653
143,924

9,750,045
3,280,941
1,620,854

100

260

100

95

10

9

les

100

200.000
608,000

J 622,792

995,000
01,000.000

400.000

Capital debentures

0

re cent
sa

Common.

share

100

15,856,446

Canton—

Westchester Co—

t

Bronxville—

First National Bank

/

Geo. D. Harter Bank

200,000
350,000

179,188
186,207

3,537,148
4,176,431

0

700.000

0

267,500

616,645
116,012
641,460

12,724,313
3,206,155
6,454,566

80,537

2,391,041
4,624,338
1,509,649
14,878.620

Tr Co
e

20

100

17
125

03.000.000

0

115.000

Huguenot Tr Co..

0

300.000 /
650.000

New KochePe Tr..

01,600.000

First Nat Pruk




280,679
143,743
514,093

100
100

125
20

175

v

10

0

145

i

100

22

CincinnatiAtlas

New Rochelle—
*
Central Nat Bank.

495,000
1,243,980

Capital notes

Gramatan Nat Bk &

Mt. Vernon—lit N.

200.000 1

Goodyear State Bk..
Flrestone Pk Tr&S B

les

Capital notes..

Bronxville Tr Co...

Per

Akron-

Watertown—
Jefferson Co Nat Bk
Watertown Nat Bk

IX

Nat

Bank

Olnn Bk & Tr Co...

0

200.000

Columbia Bk & S Oo

0

199,500

—

m*mm

U

2~X
t Marine Midland Corp.
a June 30. 1937.
31, 1938.
The Northern & Dakota Trust Co. of Fargo, N. Dak.,
voluntary liquidation on Jan. 8, 1938.
d March 7, 1938.
e Common and preferred stock or debentures outstanding.
b March

20
20

27

30

10

1

3

20

23

28

1

c

placed In

/Dec. 31, 1937.
1
■

-

a

i
k

Retirement price.

Controlled

by
First report.

Marine Midland Corp.
I Last sale,
n Member First Bank Stock Corp.

108

BANKS

National Bank$
March 7

Surplus &
Profits

TRUST

State Institutions
Dec. 31

OHIO

Capital

AND

COMPANIES
**aiMarch

PENNSYLVANIA Statejimtitutions

7

Oross

Surplus

"Cross
Par

Deposits

Profits

Capital

Ask

Bid

Deposits

Par

Cincinnati Won.)

%

First National Bank-

5,000,563

6.000.000

Per

75,880,306

100

600.000
192,296
600.000 1,130,323
240.400
160,968
People's Bk A Sv Oo d 600.000 6 291,870
Prev S Bk A Tr Oo.
1,800,000 3,178,388
Second Nat Bank...
854,671
1.000.000
So Ohio S Bk & Tr Oo
600,000 6 608,705
Western Bk A Tr Oo d2.000.000 6
317,630
Central Trust Oo... 6.000,000 62,162,497
I

BkATrOo

.

Lincoln Nat Bank..
Northslde Bk & Tr Oo d

5,624,118
9,656,192
2,331,445
2.981,694
46,121,838
16,008,483
7,165,015
11,800,033
65,531,551

100

.

Fifth-Third-Union Tr

ust

Merchants Nat'l Bk.

100
50
100
10
100

100

Nat Bank..
Lehigh Vail Trust Oo
Second

90
220
55

"27"

1ft

5

100

78

81

108

1,598,707
2,170,187
1,371,088
883,010

150,000
295,500

279,583

Oommon

250,000
263.390
249.300

432,984

4,253,784 f 10

253,468

2,849,645

2,300.000

J100

160

140

100
25
10
100

105

26
125

6.276,557 /100

125

150

16

18

5,377,490
7,160,075

41

36
23

...—

Preferred---——

1100

Altoona Trust Oo—
Oommon...-----

93,805,838

12,082,958
8,376,479

First Nat Bank—

115

5*

1.000.000
1,000,000
450,000
500.000

Altoona—

29

150
138

140
115

Oo—

5.000.000 163376 935

Common...
Capital debentures

Bank

Allentown Nat

share,

Per

Allentown—

share.

122

115

Nerweod-Hyde Park

Ask

Bid

Nomi nal,

Nomi nal.

Preferred

Central Trust Oo—

t

10
100

"166""

ClevelandAmer Sav

300.000 6

Bank Oo.

201,258

100

4,589,619

Erie-

200

200.000
Bank of Erie
First National Bank. dl ,252,500

5.000,000 11,458,947 124,914,486 { 20
7,920,000
I 16
Olev Sav A Loan Oo.
589.731
250.000
1,981,975 100
Lorain Street Bank. d 485,000 6
60
154,661
4,357,298
National Oity Bank. 7,600,000 4.415.831 135,338.217
20
North Amer Bk Oo. d 190,000 6
59.606
673,959 100
Cleveland Trust Oo
Oommon
13,800.000 164276 873 336,857,256 100
Capital notes....
14,137.600
Union Sav A L Oo..
1360,229
900.000
2,835.674 100

8

6

..........

Preferred........

o24

275,295

10
1,138,067
13,379,705 100
100
700,029
7,780,429 662s
15
3,778,125

300,000
769,950
200,000

348,375

13,021,602 f

59,000

1,445,436

396,510

Oapital Bk A Tr Oo.
Harrisburg Nat Bank
Central Trust Oo

300.000

155,514
388,871
826,917
909,504
34,576

2,795,641
3,992,671

21*

23*

80

90

Union Bank (The)-. d

100
10
100

95

105

100

165
60

157,097

Security-Peoples TrOommon
Preferred

——

I

50

—mmmt

III 1 1 111 iii

it 1 1 1 i 1

50 i< 11 11 11 11 11 IQ i*510i_
50

Harrisburg—

Columbus—
Branson Bk A Tr
City Nat Bk A Tr
Columbus Saving
Fifth Ave Sav Bk

67,634
1,596.287
116,173
114,949
2,325.765

Oo
250.000
Oo dl ,600.000

Bk d

80.000
200.000

Oo c

Huntington Nat Bk. d3,600,000
Market Exch Bk Oo.
200.000

176,993
70,437

Northern Sav Bk... d 150.000
Ohio National Bk... c4.000.000

3,120,228

2,980.141
27,581.166
1,654,482
2,487,582
54.718.851
3,906.988
1,395.632
64,451,081

15*

17*

Merch N B A T Co—
Common

200.000 ;
295.000
842.000

........

Preferred
Third N B & Tr Co.. d
Winters N B & Tr Oo
.....

Oommon

........

Preferred

—

169,069

175""

400.000

10

4,333,617

10
13
90
70

8

10
25
50

6,186,227

12
82

63

953,257

70

125,000

Dauphin Dep Tr

400,000
400.000

61,259,396

13,090,438

loo ~/420

1,474,438

11,673,124

100

400.000
600,000
625,000

762,958
1,082,806
407,788

10,487,097

20

10,841,254
8.429,655

20

/46

50

I 100

300,000 L

404,679

5,886.947

188,180
300.000

10
10

238,864

1,931,532

10

7,185,852

50,141,006
9,159,400

10
50

26
17

19

20

40
37

42 *

Oo.
Harrisburg Trust Oo

275

loo
C

20

Lanoaater—
Conestoga Nat Bk..
Fulton Nat Bank
Lancaster Oo Nat Bk
Farmers' BkATr Oo

7.407,478 /100

95

Oommon

553,671

14,392,515

"25

25

636,307

1,500.000
800.000

300,000

Citizens Trust Oo

c

Dayton—

32,263,089 J100
V 60

92

102

13,245,152

35

40

Preferred
Northern Bk A Tr Oo

155

15

....

To"

Philadelphia—

ToledoCommerce Guard Bk

Common......

500,000 ,6 673,651
400.000

Capital debentures

Nat Bank of Toledo:

Oommon.....

200.000 [
178,750
165,000
Spitser-R T A S Bk. d 500.000 > 252,543
Ohio Oittzena Tr Oo. d 600.000 6
734,844
Toledo Trust Co.... 5.000.000 62,720,916

Preferred.

_

686,275
52,902

50.000
Lawrence Park N Bk
Marine Nat Bank
dl,291,000
Nat Bk A Trust Oo..
300,000

.

_

v

138,839

Allison-East End Tr.

Central Nat Bk—
Common

25

{.?

2,541,737
11,755,163
78,519,958

125
50

20

33

50

55

37
60

Youngstown—

Dollar Sav & Tr Oo—
Common....
1.250.000 16 608,745
Oapital notes..... 2.000.000 /
Mahoning Nat Bank dl ,625.000
432,887
Union Nat Bank.
1:250.000 1,917,847

14,460,346
17,858,365

17

{ 50

"25 VIS"

"16 *

100

145

115

Oommon
Oapital notes

750,000 16 172,781
1.243.700

5,893,727

25

400,000

97,774,755
3,356,480
85,006,726
2,860,554
8,594,081
30,817,778
13,425,055

100
10

280
45

63,915

1,811,509

10

6

178,400
180,141

2,053,094
3,128,275

105,000 I
95,000
250,000
200.000

.....

PrfifflPPftH

19

Oitv Tr A Sav Bk-

9,036,053
127,780
5,428,449
67,418
253,844
4,196,073
1,952,849

Kensington Nat Bk. dl,138,517
1,000.000

Market St Nat Bk..
NatBkofGer ATrOo
Nat'l Bk of Olney—

Oommon...

12,672,616

281,000

Oorn Exch Nat Bank
A Trust Oo———
4,550,000
Erie National Bank. d 470.000
First National Bank.
3,111,000
Glmbel Bros Bk A Tr
200,000

3.816,963 1100

.......

Oentral-Penn Nat Bk 3,040,000
City National Bank. dl,100.700

North Broad NatTBk
Northeast Nat Bank

500.000

•

.....

Preferred

650,000

100
50

L

Northw'n Nat Bk—
Oommon........
275,000 1
144,065
2,988,407
Preferred....
225,000 I
Philadelphia Nat Bk 14,000.000 25,345,374 366,913,132
Roosevelt Bank
d 270.000 i
39,526
2,134,000
Second Nat Bank—
Oommon

60
100

711,702

10

"23"

.....

10
50

60

f

25

15

I

25
20

"95"

50

41

280

§5""
295
48

8
alO
6

68
17

a25
97

14

7,794,785 f

10

I

}

265

28

8*

10

10

South Phlla Nat Bk-

Oommon........
Preferred.
■

Tioga Nat Bk A TrOo d

OKLAHOMA

I* National Banks
March 7

State

Tradesmen'sNatlonal
Bank A Trust Oo.

Institutions

March 7

100,000
75,000

McAlester—
Nat Bk of McAlester
First Nat BkofMcA

152,197
75,498

100,000

2,373,492
1,444,241

213,000
255,536

2,727,850
2,280,217

168,398

100.000

2,445,084
3,689,334
4,870,762

100
100

25
N
re

Oklahoma City—
Oity Nat'l BkATr Oo

100,000
300,000
400,000

521,170

393,386

200,000
5.000.000

257,431
3,136,442
245,436
802,509
43,037

Tradesmen's Nat Bk
Stock Yards Bank...

40,000

338,907
24,383

5,660,242
52,545,775
6,960,287
18,955,235
1,517,862
15,102,535
858,523

2.000.000

1.714,057

43,852,143

Tulsa—
First Nat Bk A Tr Oo
Fourth Nat Bank—

500.000

Oommon

125,000

\

259,939

Preferred
175.000
Nat Bk of Oom'erce. d
63,591
346,250/
Nat Bank of Tulsa—
h Oommon......
2.250.000 12,654,203

^Preferred.

_

West Tulsa State Bk

1,500,000
25,000

13,665

cent

les

Banca Oom It Tr Oo.
Broad Street Trust..

Chestnut Hill T A Tr
Fldelity-Phila Tr Oo
Finance OoofPa...
Frankford Trust Oo.

Oommon
1st preferred.....
2d preferred
Land Title Bk A TOo

OREGON

100

150

185

10

26

32

100

50

100

100

175
100
125
100

20

24

100
IOO

5,015,222

20

4,824,926

20

20

75
225
125
160

125

26

——

20

62,048,844 J 1°
( 20
358,799 100

"15"" "20"
25

iI5

Penik Oo for Insur on
Lives A Grant Ann
Tr A Safe Dep Oo.
Penn W'h'g A S D Oo

Provident Trust—
Real Est Tr Oo

30
m

aw«

Security Bk A Tr Oo.
Sonsitaly Bk A Tr Oo

Institutions
March 7

314,937




—

•

7,168,133

100

3,454,530

98,503,997

100

503,627

4,185,973

100

share

995,973
2,000.000
3.000,000

1,542,110

I

4,500.000

4,494,110 112,066,^01

20

30

189
108

31*

9

14

290
175
48
16 *

11
22

300
185
52
18

70 *

8*
1*

10

31,267,023

8,586,777
6,015,036
19,376,420
12,570,730
7,165,232

8,400,000 14,548,595 224,403,782
750,00°
1,134,728
928,035
3,200,000 14,164,080 46,492,780
1.500.000 62,411,861
10,575,877
300.000
242.896
3,305,683

f
1

8

5

10
50

30

50

29

10
100

9

34
32
10

50

560
90

590
100

10
100
100

370

23 X
55

50
10

53

3,007,008

50

40

1,245,277
717,120
11,683,347

50

PittsburghAllegheny Valley Bk.

200,000

Arsenal Bank
Bank of Ohio Valley.
Braddock Nat Bank.

200,000
500.000

227,688
262,154
104,472
876,108

10
100

Sale price.
Preferred

100.000

stock

retirement

price.

7, 1938.

Member of the BancOhio Corp.

d Oommon and preferred stock or debentures
outstanding,
e

June 30, 1937.

i March 31,

1937.

I Last sale.
s

New stock.

x

Ex-dividend.

V

Ex-rights.

.

3
alO

lio

/Dec. 31, 1937.
180
100

n

36,409.239

h Preferred stock retired,

3.000,000
300,000

153

95

7*

809,942

5 March

Portland-

First National Bank.
Portland Tr A Sav Bk
United States Nat'l
Bank

145
14

10,232

c

Per

200.000

100
39,438,517
2,719,534 37*
100
2,165,950
20
1,762,361
50
1,506,970
617177 125 100,263,120
100
100
e7,315,742
641,114
10
1,325,573 10,078,912
10
2,550,040 21,223,466
10
11,370,539 110,644,160
10
1,188,697 11,559,895

4,645,355
90,210
342,360
427,823
96,524

125.000

a

State

Nomi nal.

National Bank

6

-

Eugene—
First

600. u0»»

25

Common-.--.
3,750,000 15,493,
Preferred...
7.425,000
Liberty Title A Tr Oo 1 .OftO.Of'O 1,250,0
Mitten Bk A Tr Oo
1.500.000
698,334
Ninth Bank A Tr Oo d2,226,990 6
821.711
Northern Trust Oo..
600,00<
2,783,570
Nor Phlla Trust Oo.
600,000 1,278,788

*

National Banks
March 7

2,320.000

r 20
t 30

2,544,304

Integrity Trust Oo—

-

1UO

250.000

German town Tr Oo.
1,400,000
Glrard Trust Oo
4.000.000
Industrial Trust Co. dl,132,250
.....

100
100

400.000

6,700.000

11

3,241,273

.

Fidelity Nat Bank.. d 450,000
Liberty Nat Bank.. 41.200,000
Oklahoma Nat Bank.
100.000

First Nat Bk A Tr Oo

o

sa

100

Muskogee—
Citizens National Bk
Commercial Nat Bk.
First Nat Bk A Tr Oo

3,300.000
300,000
1,000,000

Wyoming Bk A Tr.. d

Nomi nal.
Per share,

Guthrie—
First National Bank
First Stat^ Bank.

200,000 \f 123,723
100,000
60,463
405.336

100

24*
60
390
56

8*

April, 1938]

Capital

Surplus &
Profits

Ask

Bid

Par

109

companies

Gross

Deposits

Gross

Surplus &
Profits

Capital

(Concluded.1
Dollar Savings Bank
Farmers Deposit Nat

300,000
500,000
615,500
200,000
200,000
200.000

Oo of East Pitts.

406,542
528,435
247,065
976,002
186,114
425,098

5,607,650
10,080,796
3,364,427
885,404
1,263,423
2,352,411

100,000
172.700

First National Bank.
First Nat Bank & Tr

54,067,208
81,583,319
89,901,006

72,301
443,910

1,631,383
4,275,387

_

Forbes National Bk.
Fourteenth St Bank.
Freehold Bank
Hazelwood Bk (The)
Hill Top Bank......
Bank

%

$

,

100

1,100,000
1,200,000

Common
Preferred.

Q

36,352,958

/100

15X

4

1100

j 562,981

share

14

10
100
100

16,142,287
5,451,204
424,571

512,203
218,113
40,480

10

Per

%

700,000
200,000
60,000

Miners A Merch Bk.
South Caro Nat Bk—

190

190

100
100
50

Charleston—
Citizens A Sou Bank 0
Carolina Sav Bank..

200

185
185

100

Nomi nal

share.

Per

5,914,227
6.000.000 10,324,925
6.000.000 6,304,229

Ask

Bid

Par

Deposits

Nomi nal.

Pittsburgh

Homewood

trust

and

bams

100

95

95

mm mmm

Columbia—

"io

6

50

70

50

20
125

50

60

65
*50

-----

First Nat Bk of Col.
Lower Main St Bank

200.000

35,000

144,823
195,145

4,350,009
1,501,651

530,350
501,202

a

5,897,608
3,775,886

10

95*
25

at

Pittsburgh....
Iron & Glass Dol Sav

Keystone Nat Bk—
Common........

GreenvilleFirst National Bank.

250.000
200,000

Peoples Nat Bank...
200,000
150,000
7.500.000

Preferred
Mellon Nat Bank
Nat Bank of America

3,817,039 / 50
\ 50
34,969,485 277.813,121 100

) 218,238

,

58.018

1,695,300
10,337,832
1.270.000
31,100,953
35,253,619
3.705,318
5,924,041
31,572,142
18,761,623
2.559.001
501,328
22,647,609

620,969
158,000
3,937,617
3,629,388
433398
910,005
2,108.091
1,930.808
122,206
1,244,848
2.000.000 10.466.792

383,790

250.000

25

1,762,403

159,645

}

■

52

56

10

25

26

Spartanburg—
Common...
Preferred........

160.000
40,000

...

141,625
108.375
200.000
700.000
50,000
2,000.000
Union Savings Bank.
1.000.000
Western S & D Bank i
497,500
Allegheny Trust Oo.
700.000
Colonial Trust Oo
<3.742.300
Oom'wealth Trust Oo 1.500,000
Dormont SAT Oo.
125,000
Farmers Deposit Tr.
1,320.000
....

200

Com'l Nat Bank—

r

Common
Preferred
Nor Side Deposit Bk
Pitt National Bank
Sheraden Bank
Union National Bank

Fidelity Trust Oo
Manchester
Savings
Bank A Trust Oo.

100

*25

25

67,353

172,838
237,359
130,429
47,971

25

2,458,184 f ?0
1 20

100
4,784,206
•3,132,936 plOO
8,469,380 flOO
100
1,158,235

|

65

40

63

55

50

50

178" 188"

100
100
50
100
100
100

~40"
80

90
95
92

90

87

"87"

25

2,555,094

50
20

23M

i

90

385 000

<

250,000
800.000
150,000

N

o

re cent
sa

les

40

Tr Oo
6,000.000 10,846,649 91,199,240
Potter Title A Tr Oo i 875.000
414,544
6,000,547
Provident Trust Oo.
266,534
150.000
1,927,741
Bouth Hills Trust Oo
374,059
125,000
1.899,566
Union Trust Oo
1.500.000 93,225,073 224,396,566
500.000
Washington Tr Co..
1,277,048
5,830,652
West End Bank
174.049
200.000
1,952,047
William Ponn Tr Oo. i
110,850
175.000
1,923,867
Workingman's Savgs
Bank A Trust Oo.
400.000 1,055,788
9,553,564

A Tr.

Nat Bk of 80 Dak—
Northw'tSecurNatBk
Union Savings Bank.

150~

100

Nomi nal
Per share.

Sioux FallsFirst Nat'l Bk

50

People's-Pittsburgh
5

6

»

25
8
National Banks

100
100

85

100

6500"

100
10
50
50

60

75

10
5

6
7

6

Per

Chattanooga—
Amer Tr A Bkg Oo_.
Commercial Nat Bk:
Common

325.000

300.000

1.170300

5,843,066
17,780,543
3,741,020
15,306.527

10

Providence

Bank

200.000

Bank of Knoxville

19

Comm'l Bk A Tr Oo.

<

WamiltphNatlonalBk
Park National Bank.

Scranton Nat Bk—
Common

Preferred
West Side Bank
Penna Trust Oo—
Common

1.000,000
150,000
250.000

a

25

14,849,257
2,873,176

25
52
70

18
50

i

28
55

152,478

1.000.000
500.000

W-B Dep A Sav Bk.
Wyoming Nat Bank.

1,423,885

500.000

250.000
250.000
225.000

214,091
357,463
513,349

2,491,065
4,577,207
5,422,665

Williamsport N Bk..
West Branch Bk A Tr

a

295
220

303

100
100

220

230

3.500,000

4,477,717

64,357,862

10

23

24

Common

3.000.000

,1,333,074

51,495,925

12

3,500,000

( 10

11

Preferred

602,803
966,585

5,377,857
20,522,271

25

10

17

500.000 la 993,542
1.133.300 '

9,249,008

(100

(b)

1,243,586

26,205,871

65

48

50

1,000,000
a

"65" "70"
3

3H

Broadway Nat Bank
Commerce-Union Bk
Nashville Trust Oo—

1,000.000

250

49

\ 100

300.000

Common

245

•M

1,000,000

\ioo

105

110

100

210

225

105

25

420
28

50

101

103
State

texas

March 7

Institutions
Dec. 31

10
30

21

Nomi nal

23
Austin-

186,390

2,307,222

Per

3.091,166
660,292

10

Guardian Trust Oo..
York Trust Oo

Capital stock
Preferred stock

"I9H

579.750

125.000
75.000

<

409,416
530,203

j 134,916

share.

100

11,672,611
14,368,495

100

100

7,830,440
1,596,251
4,168,633
5,518,522
4,663.301
4,108,833
7,302,952

300.000

Capital Nat Bank—

"25"

18H
16H

10

8

24

10

333,737
27,662
559,823
188,175
506,579
879,177
522,083
500.000
770,167
750.000 al ,227,092

250.000
190,000
150.000
100.000
600,000
125,000
225,000
300,000
500,000

Western Nat Bank..
York Oo Nat Bank
York N Bk A Tr Oo.

18

'

American Nat Bank.
Austin Nat Bank...

Common....

mmmm

50

101

400
26

50
100

YorkCent Nat Bk A Tr Co
Preferred
Drov A Mech N Bk.
Eastern Nat Bank..
First National Bank.
Industrial Nat Bank.

230

Nashville—
American Nat Bank

National Ranks
Bank

100

9

220

Bank A Trust Oo.

60

Williamsport—
First National

41,505,221
29,101,868
1,389,000

125

8

50.000

40

10
20
10

144,446

1,622,928
2,047,877
77,094

120

210

1.000,000

"60"

100
30

5,353,689
2,918,646
631,389
700,038

1,524,213 100
2,790,769 6.25
100
24,938,797
100
12,257.821

State Savings Bank
Union Planters' Nat'l

25

9,022.329
1,267,428
23,489,067
14,882,780
3,949,547
7,753.791

43,993
113,711
1,126,038
477,029

20

Preferred

...

i

Memphis—

Third National Bank

Second Nat Bank...

50.000
200,000
950.000
1,000,000

First National Bank.
Nat Bk of Commerce

25

750.000
*
200.000
2.500.000

"140" 145""

15

25

1,841.295

100

—

25

a

155

1100

28

15
50

26

150

(100

share.
200

75
32

Wilkes-Borre—
First National Bank
Hanover National Bk
Miners Nat Bank

8,074,976
39,923.291

1

75

150.000
189,550

Preferred

2,399,763
4,838,997

423,398

a

a

...

Preferred

50

743,580

a

200,000
100,000
400.000

25

764,547

300.000
300.000

1,148.436
62,517,800
1,113,483
2,257,000
966,222

149,555
348,655
39,555

a

382,370

11,252,853

190

100

994,066

Knoxville—

12H

10

153,774

200.000
t

South Side Bk A Tr.
Third Nat BAT OoCommon

186,888
4,966,703

a

4.050,000

<2,800,000

^

7H

*

Soranton—
B. Scranton State Bk
First National Bank.
Green Bldge Bank..
North Scrant Bk A Tr

325.000

Hamilton Nat Bank.

10,616,408

625,000

Preferred

599,395
1,292,911
444,322
2.590,418

1,000.000
1300.000

March 7

Nomi nal.

9M
37

BeadingUnion National Bank
Berks Oo Trust Oo..
City Bank A Tr Co..
Beading Trust Oo_.

Institutions

State

100

tennessee

March 7

6900

7

5

—

10

m

■

17H

100

193

195

20

55

57

25

39

25

62

18H

19 X

eloo

1100

Beaumont—
American Nat Bank.
First National Bank.

llH

10

3,185,917 J100

Becur St Bk A Trust

400.000
200,000

N

499,854
732,170

12.579,168

2,239,847

100
100
100

rec

68,752

5,730,255 108,416,317
51,894
1,390,304

20

44M

100

400,000
<

n

11,427,177

sa

o

ent

les

Dfllloa

First National Bank

8.000.000

Hillcrest State Bank.

25.000

n

46

Liberty State Bank:
Common

150.000

Capital notes

77,700

Common

1.100.000 1
900.000

Preferred

Newport—
Common

Nomi nal.
Per

400,000 I
210.000
120.000
300.000

.....

Preferred

Newport Nat Bank
Newport Trust Co__

252,356

6,201,185 1

25

share.

35

*25"

60

510,156
2,770,392

100

150.000
1.000.000

361,231
872,452

Common

Common

Blackstone Can Nat-

500,000

7,162,776

25

77

84,142

1,695,310

(10

10

High St Bk A Tr Oo

82

221,408

1,677,705

*10

50

120

N&tBank of OomATr
Phenix Nat Bank

Providence Nat Bank
Industrial Trust Oo.
Lincoln Trust Oo
Rhode 1 Hos Nat Bk.
Rhode Isld Hos TrOo

Union Trust Oo

350 ,000 1
208,760
22
4,892,781 f 25
150 ,000
I 25
850, ,000
791,352
50
9,648,372
72
450 ,000
942,041
50
3,152,810
130
1,500 ,000 2,511,246
100
12,342,251
290
4,000 ,000 9,794,152 110,786,014
100
180
125 000
189,287
25
1,465,795
33
2 500 000
2,973,886 48,247,880 *100
000 a12094 998
5.000,
42,143,160 1000 2100
1.000. 000
100
1,379,497 23,327,188
140

2,237,751

Jn 78,697

2,156,231

Jn 57,138

Common
.




28

*

45

46

100
20

210

215

46

jloo

J 20

29

t Citizens & Southern Bank of Savannah, Ga„ system,
Dec. 31, 1937.

a

b Member of First Security Corp.

77"
145

e

June 30,

1937.

d A mutual savings bank,
e

Preferred stock retirement price.

/Member of the Northwest Bancorporation.
2250

0

Affiliated with the Citizens & Southern Nat. Bank of Atlanta Ga.

1 Common and preferred stock outstanding.

;

Hospital Trust Co.

I Last sale.

200,000,
248.750'f

257,921

n

50

March 7, 1938.

p

1100

i

47 X

100

Sale price.

k Stock all owned by the Rhode Island

Woonsoeket—
Woonsocket Trust Oo

37 H

20

12

110

Mechanics Nat Bank

Common
Preferred

100.000
62.100

125.000
75.000

Capital notes.....

1,060,651

69,708,081
6,239,045
20,517,458

i

105.000 1
95,000
120.000

...

Preferred

Preferred

Nat Bank of Comm.

Capital notes.
Texas Bank A Tr Oo:

150

Providence—
Columbus Nat Bank:
Common

*36 M

175

Oak Cliff Bk A Tr Oo:

25

58,847
479,691

*3,701,863

Bank

20

150

U00

4,000.000

Dallas Nat

jloo

26,791,920 I

956,282

RepubllcNat Bank..

Aquldneck Nat Bank

4,477,269

jn 123,706

Affiliate of the First Bank Stock Corporation.
Ex-dividend.

--

s

—

•

30

110

BAMS

National Banks

National Banks

Par

Deposits

Bid

Capital

Ask

Surplus &
Profits

Institutions

State

VIRGINIA

March 7

Gross

Surplus
Profits

Capital

COMPANIES

TRUST

State Institutions
Dec. 31

TEXAS

March 7

AND

March 7

Gross

Par

Deposits

Bid

Nomi nal.

El Paso—

$

I
300.000
300.000

El Paso Nat Bank..

State National Bank

S

402,451
1,085,595

Per

10,209,470
22,019,903

100
100

......

m *

m

$

Lynchburg—

share.

1.000.000

527.180

7,721,259

100

I 146

600,000
500.000

493,698
353,641

4,107,262
3,930,841

60
100

1 130
1138:

131,785

First National Bank.
Lynchburg Nat Bank

«tf* <**

100

A Trust Oo__

Fort Worth—
Continental Nat Bk.

357,778
776,360

750,000

a

14,805,965
34,685,493

60
20

m

m

«■»«•«»

People's Nat Bank..
Depositors Industrial
Loan Bank

Oom'I Tr & Save Bk:

First National Bank:

1.500.000

1.500.000 11,824,903
Preferred
900,000 1 " 1
'
Fraternal Bk A Tr Oo
3,947
15,420
Union Bank A Tr Oo a
230.000 /
83,958

42,309,908 f

20
1 20

■

.

423,681
1,079,600

100,000

300,000

82,288
95,345
470,568

51,852
441,786
874,894
843,599
70,277

3,117,230
3,532,117
31,108.797
12,820,461
1,401,715

192,044
78,255

2,352,198
2,522,866

354,708
79.746
261,833

6,094,082
1,061,552
2,495.824

837,082
932,464
64,908
3,570.100
137,238

9,768,545
18,038.719
752,522
61,971,629
2,085,373

1.250.000 11,136,162
1.750.000 [
200.000
493,023
200,000
159,693

45,167,797

.....

10

*

m

1*

«*

a

354,955
338,775

First National Bank.

No

100

Hutchlngs-Sealy

re

750,000

National Bank...

437.025

500,000

698,200

les

n

50

50

240

250

100

117

118

25

33

34H

100

PetersburgCitizens Nat Bank..

50

200,000

Petersb Sav A AmTr

U S National Bank..

:i 353 h

cent

sa

100

8,655,794
9,648,251

t

Bk

Nat Bk of Commerce
Seaboard Oitz N Bk.

100

15,089.640
4,842,589

....

Norfolk—
Mer A Mec Sav Bk__

Galveston—
200,000
200,000

m

5

.....

100

Merch A Planters

City National Bank.

5

259,201
650,100
3,182,459

349.000
250,000
2.500.000
11,500.000
Southern Savings Bk a
162,100

Ft Worth Nat Bank:
Common

Lynchburg Tr A S B.

«««**■■

Ask

Nomi nal.
Per share.

276.000

10

10

10

10

Houston—
Citizens State Bank.

300.000 /

133.123

500,000 1
100.000 f

204,468

100

11,292,355 1 20
uoo

28

;.: v. y.

3.000.000 11,649,815
2.125.000 f

49,482,756 J100
1100

378,297
632,500 1
367.500 f
1.000.000 1,576,095
a3.000,000 2,786,397
a 1,000,000
310,579
1.000,000 1,271,744

13,667,732 /100
1125
100
27,860,331

Portsmouth—
American Nat Bank.

100

a

4,877,448

Olty National Bank:
Oommon
Preferred........
First Nat BankCommon........

Citizens

31

:

160

250,000 g
449,000 g

a

90

Bank of Oomm A Tr

600.000

1,000,000

Oonsol Bk A Tr Co..

80,000
3.000,000
200,000

First A Mer Nat Bk.

225" 245"
335

355

100

130
195
280

300

Mech A Mer Bank..
State-Planters Bank
A Trust Oo:

216"

100

37,637,875
8,790,843
26,398,222

100
100

Common
Preferred

mercial Nat Bank.

1.500,000 2.030,346
262,507
200,000
Fldellty Trust Co—
Guardian Trust Co..
600,000 /
760,007
Houston Land A Tr. al.500.000
464,018
San Jacinto Nat BkOommon
335,000 1
103,048
Preferred
315.000 f

38,400,609
326,993
6,698,347
5,165,370

Sav Bank A Tr Co..

Southern Bk A Tr Co

100

"140" 155"

100

100

Virginia Trust Co

:

Ban Antonio—

o

20

35

38

23H

27H

20

46" "46^

100

15

16 H

\100

1.109,318

500.000
351,877
1.000.000 1,624,974
800.000 g
337,511

70

25
15

.....

25

50

80

5,704.285

50

24,902,780
4,213,433

100

65
215

100

90

Roanoke—

5,195,364 (100

Oolonlal-Amer Nat B
First Nat Exch Bank

105

95

Uoo

Port Arthur—
Merchants Nat'l Bk.

cent

les

20
10

3,371,075
3.561,187
5,545,449

al.100.000

Mountain Trust Bk.
ioo.OUU
210.000 g

N
re
sa

110

90

i

First National Bank.

50

100
100

Richmond—

dlOO
100

......

Houston Nat Bk— o

Second Nat'l Bank..
Nat Bank of Oomm.
State National Bank
Union National Bank
South
Texas
Com¬

500.000

Oo__

Central National Bk.

Preferred

Common
Preferred

Trust

Merch A Farmers Bk

538,875

5,019,108
3,981,829

313.879

100

625

100

if

Alamo National Bk:

500.000 1
930,000 f

....

Common
Preferred

654,773

200.000 1

Common.

Preferred
Bexar Oo Nat Bank-

129,610

92,800 f
1.200.000
1,239,561

Frost National Bank
Groos Nat Bank—

360.000 1

Oommon

Preferred
125 000 r
Nat Bank of Oomm. al.000 000
National Bank ofFort
Sam Houston
100.000
San

Antonio Nat

Bk

400.000

a

South Texas Nat BkGommon

WacoCitizens' Nat Bank..
First National Bank.

17,475,180 (100
1100
2,544,151 1

(
35,660,237

104,076

20,503,458

100

55,901
70,646

1,602,197
4,247,931

925,000

478,275
71,469

7,895,313
10,308,098
805,582

-

National Banks
March 7

d50
230

dlOO

*175"
115

WASHINGTON

250

Per

8.000,000
2.500.000
2 500,000

Peoples N B of Wash-

1.350.000
200.000
400.000

-----

550,000

4,947,086 135.986,514 i 20
3,653,997 67,551,113 c 25
190
1,189,382
19,362,910
715,407 23,488,775
20
100
100,489
2,380,618
20
134.982
6,074,192
100
447,921
7,557,889

28

share.

29*

"lid" 144""
r

27

31

"25" "25"
52

58

"

100
50
100

160
60

Spokane—

175
70
100

First Nat Bk in Spoh

100.000

Old

N

500,000

a

112,512

550,000 1

556,458

450.000
200.000

a

National City Bank.

Institutions

March 7

Seattle—
Seattle—First Nat Bk
Nat Bk of Commerce
Pacific Nat Bank

145
50

100 t

State

Nomi nal.

105

90

100
100

324,485

''

45

"200""

100

250.000

'

35

50

5,280,657 (100

3,903,745

•

50
100

786,273

306,061

300.000

130

110

586,255

100

5,449,826

B A Un T Co

Common

n

0

re

cent

sa

20,016,167 (100
\100
100
7,701,888

les

Tacoma—
al .425.000
a

Natimal Banks

UTAH

March 7

1,037,510
235,404

770.000

17,457,288

100

160

5,685,621

25

16

175
18

State Institutions

Dec 31

Nomt nat

Ogden—

Per

Commercial Sec Bk.

545.000 /
333,805
979.000 1,220,621

First Security Bk NA

5,773,033

19,077,458

share.

100
100

Salt Lake City-

Dontl Nat B'rATr Oo
First National Bank

a

Utah State Nat Bank
Eton's Say Bk Ac Tr
Utah Sav A Trust Oo

a

Walker Bk A Tr Oo:
Common

Capital notes

900,000
750,000
750.000

a

1,000.000
300.000 /

342,598
847,918
828,488
1,070,503

221,431

12,398,730
15,607,239
15,457,264
14,347,521
2,961,250

100
100
100
100

100

60

190

180

200

190

200

110

Nomi nal.

70

165

125

Charleston—

■

y 630,470

27,121,421

J100

90

95

1.062,500 ) 1,149,013
600.000 f

Preferred
KanawhaBkgATr C<
Oommon

1.500,000
400.000

Per

Charleston Nat Bk:
Common........

500.000 1
65.000 r

.....

Capital notes
Kanawha Valley Bk.

1.000,000
200.000

Nat Bank of Oomm.
Central Trust Oo...

National Banks

March 7

VERMONT

500.000

Center Wheeling Sav
Citizens Mutual Tr

Nomi nat.
Per share.

310,000
200.000
204.500

People's Nat Bank..
Quarry S Bk At Tr Co

474,518
230,700
153,652

3,504,814
2,737,242
1,921,880

100
100

lis

150

100

Burlington—
491.500

668,505
463,604
80,927
235,114

3,347,914

407.500

208,356

2,466,039

100

150.000
180.000
100.000
614,951

211,239

2,626,794 (100

92,408
224,281

1,883,840
1,322,765

100

Clement Nat Bank—

150,000

KlUington Nat Bank
Rutland Oo Nat Bk:

100.000

272,915
142,012

2,841,560
970,500

100

Burlington Trust Oo. ol.085.961

6,166.532
5,994,466
624,089

N

a

Montpelier Nat Bank
Montp'r 8 B A Tr Oo

sa

Preferred..

81,757

1,123,741

100 ^ -mm*

483,731

4,860,254

100

449.650
500.000
500.000
100.000
800.000

81,000

25

533,905
518,546
144,549
743,515

1,600,000
4,698,202
4,969.648
1,107,832
5,001,983

100

75

100
100
100

90

275

305

1.800,000

2,454,847

18,752,774

100

135

145

Rutland Trust Oo...




118,551

2.980,730

\100
153,865

2,041.072

100

......

85

mmmmm

100

95

«

?tra Securities Co. with exception of directors' qualifying shares.

Sale price.
Oommon and preferred stock or debentures
outstaudlng.
0 Member of First
Security Corp.
c Member of the
Marine Bancorporation.
d Preferred stock retirement
price.
« Member of the Northwest
Bancorporation.

25

30

/March 7. 1938.
g Dec. 31, 1937.

10

J100

75

a

N

o

re

100.000
125.000
O256.500

100
10(»

t Stock of South Texas National Bank of San Antonio. Texas, all held

y*
♦

Rutland—

Oommon

les

les

\100
20

cent

sa

cent

First National Bank:

Common..Preferred

0

re

100

20,572,843
2,957,000
s
643,578

N

...

.

1,331,579
75,462
281,891

o

re

Montpelier—
Capital 8 B A Tr Oo

40

150,000

a

Half Dollar Trust A
Sav Bank
a
Nat Bank of W Va__
Nat Exchange Bank. i
So Side Bk A Tr Oo.

A Trust Oo

100
100
40
100

600.000
150 000

i

4,930.838 (100

600.000

Security Trust Co..
Wheeling Dollar Sava

Chittenden Oo Trust
SowardNatBkATrCo
Merchants Nat Bank

share.

25

Wheeling—

State Institutions
Dec. 31

Oo

Ghranlte S B Ac Tr Oo

322,528

20,606,354 (

cent

sa

les

~

h

■

•

..V:V<vO
vr, v; •

V

v'

Dec. 31.1936.

K

1 Member

V■

First National Corp.
I Last sale.

n

o
r
S

Preferred stock retired.
Controlled by the Joseph F. Meyer interests.
Member People's Corp.
Trust funds.

"V,

;

t Effective March 28, 1938 the
deposit business of the Merchants A
Mechanics Savings Bank of Norfolk, Va., was merged with that of th€
Seaboard Citizens National Bank of Norfolk.
u

Reserves.

x

Ex-dtvidend.

.

-•''-.yv

National banks

,

/

Capital

111

COMPANIES

Institutions

State

WISCONSIN

March 7

TRUST

AND

BANKS

April, 1938]

Dec. 31

Gross

Surplus &
Profits

Deposits

Ask

Bid

Par

Nomi nal.

La Crosse—

Nat Bk of La Crosse.

State Bk of La Crosse

100,000

Exchange State Bank

Per

$

$

1
500.000
al25.000
400,000

Batavian Nat Bank-

share.

23 H

20

20
4,649,999
1.237,424 100
6,166,175 elOO
2,746.914 100

257,196
43,064
278,876
159,430

N

0

re

cent

sa

les

..

Capital
Amer State

Bank
6

.

500.000

a

Badger State Bank.
City Bank A Tr Co..

350.000

Bid

Par

Deposits

Ask

20

17

20

2,169,777
6,053,188
3,078,524

110,747
122,034
119,777

200,000

Gross

Surplus &
Profits

Milwaukee—

Halifax-

d

"40" "50"

*
$
Bank of Nova Scotia 12,000.000 24,000,000 241,061.074

Per

$

cent.

9.000.000 114,870,029
6.000.000
Bank of Toronto—
Can Bank of Comm. 30,000.000 20.000.000 510,631,022

100

Per
250

100

1585* 162

7,000.000 111.646,418
8,nOO,nr»o 121,892,551

100

224

100

220

100

7.000.000 5,000.000 126,454,768
Banque Oanadlenne.
750.000
14,777,428
1,500.000
Barclays Bk (Canada)
4,000,000 1.000.000 46.126,565
Provincial Bk of Can
35,000,000 20,000.000 694,691,234
Royal Bk of Canada

5.000.000 16,334.204 197,208,126
8,500,000
125,416
a350,000
1,982,337
49,193
1,656,430
100.000

.....

'

100.000 1
35,906
300.000
2.200.000 2,252,312

Common

Income debentures

Marine Nat Exch Bk

Marshall & Hsley Bk a2.985,000 /1,465,040
Mitchell St State Bk. o
596.000
12.702
Northern Bank—...
100,000 /
30,114
Park Savings Bank.. a
115,979
539.500
State Bank of MIlw.
Teutonia A veStateBk
West Side Bank
Wisconsin State Bk.
First Wise Trust Co.

298

100

200
160

b

Preferred
Home Savings Bank.
Kilbourn State Bk._
Lincoln State Bank:

_

100

100

Bank of Montreal... 36,000,000 39,000.000 675.499,935

First WiscNat'i Bk—
Common.........

466,700
400.000

300,000
1.000.000

c

16

20
20

1,364,589

20

~20"

100

36,798,454

Toronto—

234,655
721.698

17H

19}*

45

Dominion

7.000,000

Bank

Imperial Bank of Can

100
20

5X

20

150

20

27

7.000.000

ii*

9

100

100

Per

Montreal-

Sale

Per share.

250.000
300.000

296,306
266.408

100

~iu"

115
170 H 172

stock.

Common and

b The Badger

Cheyenne—
Stock Growers N Bk.

162

100

100

preferred stock debentures outstanding.
State Bank of Milwaukee, Wise, on March 19, 1938 be¬
came a branch of the First Wisconsin National Bank of Milwaukee, Wise.
c June 30, 1937.
d Unit of the Wisconsin Bankshares Corp.
a

WYOMING

American Nat Bank.

cent.

203

price.

t Wisconsin Banksbares Corp. no par

March 7

255

230

QUEBEC

200
31

•

National Banks

cent.

55

100

2.050,722
1,983,546
4,645.536
3.896,860
3,876.872

83,200
855.053

37

34

20

44,698,515
1,725,336
1,740,904
1.821,625

51.634

550.000

o

4^

(.!.

100

5.851.317
7.396.913

/March 7, 1938.
e

100

Member of the Northwest Bancorporation.

I Last sale.

x

Ex-dividend.

Joint Stock Land Bank Bonds and Stocks
Quotations

Bid

Bonds
3s

99 X

Atlantic 3s

9934

Burlington 5s
4^8...

45

Atlanta

California

....

Central Illinois 5s

1003{
10034
55
55

100

102

27

for the last day of the month

30

preceding the date of issue
Bid.

Bonds.

Ask.

45

5s

are

86
93

Illinois Midwest 5s

Iowa of Sioux City 434s
Lafayette 5s..
434s
Lincoln 534s

...

—

Ask.

89
96

9934

101

9834

10034

80

5s..........................

6

7

5s and 6 34s.
Dallas 39

6

7

100

102

North Carolina 5s

78
9834
9934

10034

Ohio-Pennsylvania 5s..

99

98

Oregon-Washington 5s

50

55

102

Pacific Coast of L A 5s
Pacific Coast of Portland 5s

101
100

First Texas of Houston 5s.
First Trust of Chicago 4}*s

SHt=:
Fletcher 35*s
Fremont 4^s
....

97
99

99

9934
99 H

100
69

70

.

f Flat price,

x

9934
100

Ex-dividend.

'

v

96
100

10034

h 5s
Greensboro (N O) 3s
Greenbrier 5s
.

99

■




99

10034
10034
10034
101

10134
10234
72
72

10034
102

Ask.

98

434 s—

99

99

100

98

100

9934

5s

Virginian 3s
Virginia-Carolina 3s

101

81

Chicago 4^s and 4J*s

Denver 5s
First Carollnas 5s..
First of Fort Wayne 4}*s-First of Montgomery 5s
First of New Orleans 5s

Bid.

Stocks.

82

434s

and

83

79

Bonds

Union of Detroit

New

York 5s

9934
10034
10034

STOCKS

Par
...100

40

100
100

40

50

Dallas

75

102

Denver

100

24

78
28

101

Des Moines

10o

44

47

100
..100
100
100
100

3

6

X*

I*

Atlanta

Atlantic

...

Pacific Coast of Salt Lake 5s

100

First Carollnas

Pacific Coast of San Francisco 5s_

100

Freemont

Pennsylvania 3 s..

100

....

107

New York

107

10834
10034

North Carolina

9934

3s

25
77

5s

28

100

St Louis 434s and 5s
San Antonio 3s..
58

Southwest

Southern Minnesota

Lincoln

105

Phoenix 434s..
5s
Potomac

101

101
80

12

14

.100

Pennsylvania
Potomac.
San Antonio

...

12

46

52

18

23

100

...

Virginia
V ir gin la-Carol lna

10

50

....

68

73

100

44

47

6
100

134
70

1

Quotations are m near aa possible for the closing day

Bid.

Bonds.

63

Albany Metropolitan 5-6s 1040..
Alden 1st 3s 1957.
Allerton 55th St 6Ms

Allerton N Y Corp
New com income 2-6s 1955.... /
Allied Owners Corp
1st income 4-5s 1958
J&J /
Debenture 2-4s 1963
-J&J /
Ambassador Hotel (Los Ang)—
Non-cum inc. 3-5s 1950..A&O /

17

J&J
1948—J&D
George Washington Hotel 6s 1944

——

47

50

30

32

15c

Pennsylvania Bldg 6s 1939--MAN
Philip Schuyler 6s serial
.....
Pierrepont Hotel 3-4s 1951.....
Pitts Hotels Corp 1st 6 Ms '48MAJ
Mtge cum inc 5s May 1962...
Conv cum Inc deb 5s May 1967
Voting tr ctfs for common
Poll New Engl Theatres 6s.l958
Gen Income 5s 1983.....M&N
Provident Loan Society 6% ctfs..

22
55
35

—

M&N
M&N

Hotel Lexington (N Y C) Inc—
Cum income coll 4s 1955—M&S,

40

,

Stamped
/
Unstamped
/
Cleveland Theatre gen 5s 1944—.

33

„

Film Center Bldg 6a 1943—A&O

.

5th Ave A 55th St Bldg 6M« 1945.
15 Park Row 4s w s 1952
/
50 B'way Bldg 3-6s 1946
MAS /
51 Fifth Ave 4s 1943—
-A&O /
52d & Madison Office Bldg—
1st Leasehold 3s Jan 1 1952...55 Fifth Avenue 6s 1944
M&N /
500 Fifth Ave 6 Ms 1949
J&D /
1500 Walnut Corp (Phila)— '
1st 6s 1950
/
1512 Spruce St (Phila)—
1st mtge 6s 1943
-A&O /
40 Exchange Place 5 Ms 1956.J&J /
40 Wall St Bldg 1st 6s 1958
42 Broadway Bldg 6s 1939—J&J
48 West 48th St Bldg 6a 1936— /
1400 B'way Bldg 6 Ms stm-1948- /
1410 B'way Bldg 3Ms 1941.A&O/
FeiiDet Theatre 6s 1942 „—A&O /
Vox New Academy of Music
1st leasehold 6 Ms to 1941.M&S
„

,

—

n Nominal,

k Last sale.

61

Company—
5Ms stamped 1961...........
5 Ms unstamped 1961..
Quincy Station P O (Chicago)—
6s May 1 1941
J VP
1st extended inc 5s 1950..J&D
Realty Assoc Sec Corp—
Repub

Bldg(Denv) 3-5s'49.M&S

Retail Properties—
Deb 5a series A 1959..
M&S
income deb 6s ser B 1959-M&S
Robert Treat Hotel (Newark)
6s 1943
—J&J

55

2

77
3

53

55

15 X

16M

Kuseeka 6th Ave Bldg 6s 1944...
St Charie» Hotel (Atl Cy) 40 1946

—

46

St Louis Post Offices—
5 Ms 1938—..

53

3s with stock 1956
Scbulte Real Estate 6s 1935—

M&S f

1st 4-58 exten to 1948
Lefcourt State Bldg—
Extend 1st 4-6 Ms 1948
Lewis Morris Apts 1st 4s 1950—
Lincoln 42d St Oorp—
Income 5 Ms w s 1963 —.F&A
Lincoln Mtge & Title—
Guar 5 Ms ctfs of deposit
Loews Midland Theatre
A Office Bldg 6s, 1941..M&N
Loew State Bldg (Los Ang) 6s '42
Loews Theatre Rlty 6s *47 M&81 ft
Lombardy (The) 6s 1942.—M&N
London Terrace Apts—
1st & gen 3s (w-s) 1952Lord Bate Hotel g m 8 Ms '45 A&O
Lord Nelson Hotel s f 4s *47-M&N
Lords Court Bldg 5Ms 1942- J&D

Majestic Apts 4s (w-s) 1948 stmp.
Manhattan Towers—
1st 6s 1946—
M&S
Marcy (The) 6s 1940——F&A
Mark Hopkins Inc—
1st income 6s Feb 1 1952.
Marshall-Wells Buildings—
1st 6 Ms 1947
F&A
Mayflower Hotel (D O) 5s 1950
Mercantile Arcade Bldg (Los Ang)
1st s f 5Ms 1953
—J&D /
Mercantile Properties, Inc—
Sees f5Ms 1946
J&J
Merchants Nat Prop 4s 1958(w s)
Metropolitan Chain Properties—
1st conv s f 6s 1948
M&N
Metropolitan Corp (Can) 6s 1947
Metropolitan Playhouses—
Debenture mtge 5s 1945-.F&A
Munson Bldg (N Y) 6Ms*39.M&N

58M
49,
34
57

59

19M

20 M

20
68
85

70

32

38

40

42

60

70

86

50

"81

6

I)
27

25M
4M

6H

70
72

75

88
72

74"

20

22

95

97

48

52

82

85

86

89M

58

60

20
2M

21M
3M

67

69

14M

16
48

Adjmtge inc Apr 15 4 Ms 1950-

l5"

44

1st mtge 2-5s 1955
J&D
N Y Majestic Oorp 4s (w-s) 1956

20

82 M

86

19M,

20M

t

22

4

6

49

51

44

-F&A

New York Title & Mtge
5 Ms series B-I-

5Ms
5M8
5Ms
5Ms
5Ms

series B-K
series C2
series CW-1
series FI
series Q

—...

—...

45M

42

44
32

29M

33^

—..

19th & Walnut St (Phila) 6s 19391900 Rittenhouse Sq (Phila)
5 Ms 1943
J&D
1st cum income 5 Ms 1945. J&D

47 M
37
20

49 H

39
22

17

23

35

45

A&O

55

58

1st 8s 1943
———M&N
One Park Ave 2d s f 6s '51 -M&N

39
58
15

41

North Station Indus Bldg
1st m s f 5a 1962
Oliver Cromwell 6s 1939

(Boat

Olympic Hotel (Seattle)—
_

103 East 57th St Bldg 6s 1941
110 So Penn Ave (Atl City)
6s 1944
J&D
166 Broadway Bldg 6Ms '61
General s f 7s 1941
F&A
170 Broadway-Maiden Lane
Bldg 6Ms stamped 1949—.

A&O
Savoy-Plaza Corp 6s 1945..J&D
1st s f 5 Ms 1945
J&D
....

69
42i

413

77
55

5M
17

48
48
73

30
9

21
13 H
13 it
21 h

12M

Without com stock...—.J&D
6s debenture 1951—.—.J&D
SevUla-Bilt Hotel 7Ms'37-.M&N

12 M
24 U
4H

She! burn. I no< AtlCy )tt

10

M«'40

.

JAJ

Sherneth Corp—
2s with stodc 1956
60 Park Place Bldg 3Ms-5s—1947

Sixty-one Broadway Building
3 Ms 1950 With stock
-A&O
Income 3-3Ma stpd 1955......
616 Madison Ave Bldg bMs 1938Social Service Bids (Phila) 6s—
Southern Hotel (Memphis)—
6s 1953—
JAJ
Speed Building (Louisville. Ky).
Income 5-6s 1945
M&N
Stanley-Mark Strand 6 Ma 1941
Stanley Real Est 5 Ms '45
J&D
State-Randolph Bldg (Chicago)—
5 Ms 1942
M&N /
Steuben Bldg (Chicago)—
1st 6s 1943...MAS
Stevens Hotel (Chic) 6s 1946.JAJ
Certificates of deposit........
Income 6s W-S 1956
Stone A Webster Bldg (Boston)—
5s
1947—...-MAS

Strauss-Manhat conv 6s *33-J&D
Syracuse Hotel 1st 3s 1955
Taft Realty (New Hav) 6s'40A&0
Income 3s w-s 1951
10 East 40th Street Bldg 5s 1953Non-cum inc 6s 1958——M&S
1088 Park Ave Bldg 6s 1939——Textile Bldg 1st 6s 1958
M&N
Gen 7s s t w w 1948—
M&N
...

62

75
37 M

9M

M

80

38M
11M

15M
43 M
35^
2M
24 U

90
45
88

83

10

3M
9

9
19

98
30
61

20
19

77
5
32
39 M
2

1st 4-5s (ws) 1958
M&N
Textile Crafts Bldg 6s w s 1944--

35
20

Trinity Bldg 5Ma 1939- — J&D
Trinity Court B1
Hdg 4s 194llM&S
Stamped...
Unstamped,
2 Park Ave Bldg 4s_._.
1§46
23 Lexington Ave 2s 1950.......
29th St Towers Bldg 3s 1942
"f
2124-34 Bway Bldg
—1943 /
2480 Bway Bldg 2d mtge 3s 1944.
Tyler BuildingGen Inc 6s July 11953 (w s)
U S Realty & Impt 6s 1944—
Vanderoilt Ave Bldg Uorp—
1st leaahold 6 Ms 1944—J&J 15 /
Van Swerlngen Co—
1st 6s 1935...
F&A

56

.

»

N Y Postal Service Station

5M» 1937__

Roxy Theatre 1st 4s 1957——
Russ Bldg. (San Fran.)6s '51 F&A

.

5H

Natl Tower Bldg 6 Ms 1944 A&O
Neisner Bros Realty, Inc—
Conv s f deb 6s 194S
.J&Dlft
N Y Athletic Club 2s 1946
A&O

2

66*
lil*

With stock--...—.......J&D

Nat Press Bid 3-5a 1950 (ws)

38

14M
22

Income 5s 1943

52

Nat Hotel of Cuba 8« 1959.M&S

,

th Ave A 28th St Bldg 6 Ms 1945.
Sth Ave A 29th St Bldg 6s 1948— /

If*
11*

13*

6

Prudence

74

-

Construction—

Ferry Sta PO (San Fr) 6s 1934— /

25M

38

55

General 7s 1941—.—-_„J&D
Madison Inc inc 6Ms 1957—M&S

8 f dep 5Ms 1949 ser A——J&J /
Circle Theatre extd 6s 1946.M&S /
Oleve Term Bldg 1st 6s 1941-J&J

,

39
24 M

Lefcourt M an Oat Bids—

11

Cigar Stores Realty Holdings—

Legended 1952

39

5s 1947
F&A
Insurance Exchange Building

1948—

ChicHerald & Exam 6 Ms '50 M&S

,

45

43

~

Ohesebrough Bldg 6s 1948—A AO
Chicago Evening Amer 6s 1938..

-

34"

31U
101

Units
Lawrence Hotel (Erie, Pa.)—

/
/
/

1948-—
-A&O
Colonial Apartments 6s 1937
Congress Square Hotel (Port Me)
5Hs 1946
M&N
Court A Remser 8ts (Brook)} n)
681940
A&O /
Bldg Oorp 1st s f 3M-5s_.-1940 /
Davidson R'lty 6s w w 1940 A&O
Detroit Hotel 6h8 to 1941—M&S/
Dorset Hotel 1st partic 2s 1957-Drake (The) 6a 1939—-MAN/
Eastern Ambassador Hotel units.
Edgewater Beach Apts 6s to '43— /
11 Park Place Oorp 4s 1948
11 West 42d St 4s 1945
MAM /
80 Broad St Bldg 6 Ms 1950.M&S /
80 Broad St Inc 4s Novil 1951— /
80 John St extd 4s 1950
A&O f
Eppley Hotels 1st sf 3-5s 1951 J&J
Equitable Office Bldg 5s 1952

59M

38

—-

,

Chanin Building—
1st Leasehold inc 4s 1945.M&S
2d Leasehold inc 2s 1945.M&S
3d Leasehold inc 1st 1945-M&S

58
21

^

6s 1st fee A leasehold 1942—..
Herald Square Bldg inc 6s 1948—
1st s f income 5s May 11948...
Hotel Governor Clin & *4 8-A&O

(Boston) 1st 6 Ms 1943—F&A

—




28

37"

Keith Memorial Bldg 6s 1943
Lake Sh Ath Club (Chic) 6Ms *45
LaSalle Wacker 5s fixed

2nd income 6s 1949

/ Fiat price,

1st mtge leasehold sf 3s '64. JAJ
Park Place Dodge Corp 6s vtc '62

34

Hotel St George 4s 1950
Hotel Syracuse inc 3s 1955 —Hotel Taft Corp (N Y O)—

.

Deb 5s

27

Bearst Brisbane Prop—

/

Bryant Pk Bldg (NY) 6Ms'45J&J /
Budd Realty 6s June 1941.. JAD
6s Sept 1941
MAS
Bosh Term Bldg 1st 5s I960. A&<>
Butler Hall 4-5s 1947
J&J
Cambridge Court Apt 6M» 1937.
Cent Manhattan Props os'46M&S J
Central Zone Bldg inc 6s. 1941
/
Century Parkway 6s 1956
Chain Store Depot 6s 1940—MAS

&

20
20

30

Barriman Bldg 6s 1951.—.
Hartford Times deb 4 Ms *51

,

Bway Mot Bldg iNY) 6s *48 F&A /
Bway A 38th St 7s 1945
-J&J
Bway A 41st St Bldg 3-5s 1944— /
Bklyn Fox Corp inc 3b Oct 1.... /
Brown Hotel (Louisville)—
1st sinking fund 5s 1949—

82

28
24

Cum income deb 4s 1955- -M&S /
Hotel Sherman Inc 1st 5s 1957—./

_

41

80

64

Common stock..

68

Bellevue-Stratford (Phila)—
5tts 1935—J&D/
Benf Franklin 6s ctfs 1933-—.— /
Berkeley-Carteret 5 He '46.M&N
Bing A Bing deb 6M» 1950-P&S /
Income 7s 1950 w-e—M&Sjr
Boston Parcel Post 3s Oct 1945.. /
Boston Postal Serv 5 Ms '38.J&J
B'way Barclay Office Bldg—

41

38
27

41M

2 Ms 1957 (with stock)——

-F&A

Bait Parcel Post 5 Ms 1949
Bauman
(Ludwig)—1st 5s (Brooklyn) 1947
1st 5s (Long lsld) 1951

40

Palace HoteKSan Fr) 6s '46 F& ft
Pantages (Alex) 6s to 1947.M&N
Paramount Bway Corp.—
1st M s f 3s loan ctfs 1955 FAA
Park Central Hotel 6s ctfs 1935.
Park Oresent 1st 6s 1940...MAS
Park Lexington Co Inc—

25

Graybar Bldg (East Offices Inc)-—
1st m leaseh 5s 1048——J&D
Greeley Sq Bldg 6s 1951—-Feb

„

J&J f

10 M

Certificates of deposit-.
Granada Apt Bldg 6s1938—M&S
Grant Bldg (Pittsb) 7s '47—F&A

Arrowhead Lake—
1st 7s 1944-1947
-J&D /
Assoc Chain Store Realty—
1st mtge coll 5 He 1957—J&J
Cum income 6s 1957
A&O /
Adj non-cum inc 6s 1957.M&S /
Assoc Realty Bldg 'Los Angeles)

Colonade
4-4 Ms

9M

lst2M-4s (w-s) 1947

..

1st. 2d 1956—

/
1st sf6M» 1942
.
— A&O
Fuller Bldg (6 A F Realty Corp)

Bid.

Orpheum Theatre A Realty
2-6s 1946
—MAS

4M

6s 1944

Arcady-Wilshire Co (Los Ang)—
Non-cum inc 5s June 11949J&J /

_

/
_

Gair Realty Corp 5s

Amer Insur Dn Bldg 6s *41-MAN /
Arcade Bldg A Rlty i Seattle)-— ■
8-6s 1948
J&J/

Income 5s 1948 (w-s).
Baker Hotel (Dallas)—
1st s f 5s 1950 (with stk)

Fox Theatre A Office Bldg
Income 3s 1957
Fox St Louis Theatre Bldg—
-

—

1945—F&A /

Bonds.

Ask.

Bid.

Bonds.

Ask.

of Issue,

of the month preceding the date

1st ft coll s t fis 1938
..A&O
Van Swerlngen Oorp 6s May 1 '35
varies

Hta

PO

(N

Y)w 1«4J

Wabash-Monroe Bldg 6s 1953 J&J
Wadsworth Bldg(NY) 6s '53 A&O
Walbridge Bldg (Buffalo)—
3s with stock 1950
Waldorf Astoria 7s w W1954-M&S
Non-cum inc 5s 1954
M&S
Wall & Beaver St Corp—
1st 4Ms w-s Nov 1 1951...J&J
Warner Bros Hollywood Thea
1st 6 Ms 1941
—M&N
Washington Properties Inc 7s 1952
Westinghouse Bldg 4s 1948.A&0
White Motor Realty 6s 1940.....

Woodbridge Bldg 5M* '41—A&O
7s 1940..

...

A&O

98
98
47
21

30
9

36
75

31

3
9

10

X
60
93

57

17 M
20
12
18

84
43 M
68
100
40
42

(Concluded from

page

European hoarding into gold in London. It was this hoard¬
more than any other factor which caused the
price of gold to rise and set the British equalization fund
the task of preventing too sharp an advance in the gold
price.
It should be noted that during the aggressive movement
of Germany into Austria, France was without a government,
as
M. Ohautemps had resigned on March 11 and a new
government was not formed until March 14, when Leon
Blum again became Premier in an administration which
was generally believed to be merely a transitional affair.
In the early weeks of March a resumption of the gold
movement to New
York appeared improbable for many
months to come.
The "Monthly Review" of the Federal
Reserve Bank of New York, as of March 1, which included
the February developments, stated:
"The inactive gold
account (which forms part of the monetary gold stock) was
reduced to $1,213,602,937 on Feb. 15 by release from the
account of $9,659,914, most of which was sold to the stabilization fund to offset sales to foreign accounts by the fund
since the first of the year, and was further reduced by
$13,042,376 on Feb. 26 to offset sales to foreign accounts
subsequent to Feb. 15." On March 1 the Treasury showed a
further sale of $9,975,062.
In a report issued by the Brookings Institution and re¬
ing demand

ferred to in the "Commercial and Financial

Chronicle" of

March 5, it was stated that an exodus of gold and capital
from the United States during

1938, reversing the trend of
previous four years, "is not impossible."
The report
pointed out that direct American investments abroad, such
as past rubber developments in South America by American
corporations, are more probable in the future than Amer¬
ican
purchases of foreign governmental and corporate
the

securities.
The Brookings study said:
"The great reduction in gold
imports (since the last quarter of 1937) indicates an altered

attitude with respect to the relative advantages of the
States

flow

The
some

it not

of

as

new

a

place of

funds

to

investment at this juncture.

this

country

is declining and

funds previously sent here are being withdrawn.

It

1938 may show a reversal
of the trend of preceding years, with gold and capital again
flowing out."
During the week ended March 12 statistics of the United
States Department of Commerce indicated that gold ster¬
impossible that the

ilization

here would

considerably relaxed and London resumed its attrac¬
of foreign funds.
There was some disquietude in
London because of the fact that the government had decided
was

53)

Before the Nazification Of Austria it looked
as though gold would leave New York for several European
centers, particularly London and Amsterdam.
During these
two weeks the London price for gold generally ruled at
more than $35 an ounce, and owing to the unsatisfactory
fiscal condition of France there was a marked movement of
clined sharply.

United

year

tion

to

step up its rearmament program, which late in 1937
estimated to involve an expenditure of $7,500,000,000.

was

The revised plan

called for an increase to approximately
$11,500,000,000, the resulting likelihood of increased taxa¬
tion lowered the pace of the London investment market.
Meantime the London authorities kept money rates at a
low level.
Lord Wardington, Chairman of Lloyds Bank,
criticized the competition among British banks for foreign
deposits, insisting that the fugitive character of these funds,
which had reached large proportions in the past few years,
necessitated their being kept in liquid form and therefore
created a greater demand for government bills and resulted
in damage to the discount market because of the low rates
applied to the discount of bills.
It was highly desirable,
he pointed out, that the discount market should be allowed
an
opportunity to live, and though the excessively low
rates—to
recent

some

Under normal conditions of international trade

threatened.

prior to 1914, the London bill was perhaps the chief factor
in moving international commodities.
Lord Wardington ex¬
pressed the opinion that it was most unlikely that com¬
mercial bills for financing foreign trade would ever recover

their pre-war importance.
Gold on offer in the

London market during March
£10,408,600 compared with £9,537,000 in Febru¬
ary.
During the month the London check rate on Paris
fluctuated widely.
This condition has been characteristic
of the market since January.
The mean London check rate
on
Paris shown in the table following hardly gives an
accurate reflection of conditions owing to the wide fluctua¬
tions from day to day.
The mean London rate on Paris
ranged between 153.44 and 164.83 francs to the pound.
The London open market gold price ranged between 139s.
6%d. and 140s. 5%d. an ounce.
The American price for
gold (Federal Reserve Bank of New York) continued at
$35 an ounce.
London open market money rates were
steady.
Two- and three-months' bills were 9/16%, fourmonths' bills 19/32%, and six-months bills 21/32%.
Ster¬
ling cable transfers sold on March 1 at $5.01% @$5.02 1/16,
and on March 31 at $4.96% @$4.96 11/16.
The low for
sterling cable transfers in March was $4.94 11/16 on
March 18 and the high was $5.02 1/16 on March 1.
amounted to

LONDON CHECK RATE ON PARIS AND PRICE

Mar.

London

Open Market

Gold Price

a

total

of

Jan.

1, the effective date of the new ruling,
through Feb. 25, totaled only $14,827,000.
Domestic pro¬
duction was estimated at $15,000,000 monthly, bringing total
additions to the gold reserves of the Federal Reserve Bank
to approximately $45,000,000 during the first two months of
the year.
Projected on a monthly average basis, therefore,
the gold reserves would be increased by about $66,000,000
during the first three months, approximately only two-thirds
of the amount permitted the system under the new ruling.

TJret Germans marched into Vienna

on Sunday, March 13.
Monday the entire foreign exchange situation was
sharply reversed, and thereafter there developed almost a
scramble on the part of European financial interests to

obtain dollars and to shift funds to New York.

Gold came

from

England, Holland, Belgium, and doubtless from other
countries through London and Amsterdam.
On March 14
sterling cable transfers sold down to $4.98% as compared
with a range on Friday, March 11, of $5.00% @$5.01%.
During the week March 21-26 it was learned in informed
quarters in Washington, though not officially confirmed,
that the United States Treasury, in order to avoid embar¬
rassment in resuming its gold sterilization program, should

gold imports increase beyond the anticipated extent during
the period of uncertainty in Europe, will have the

incoming
frozen by the stabilization fund in the fund's own
account.
Metal bought by the American fund following
March 14 to avert panic in foreign money markets was to
be so segregated until at least the end of March, where¬
after the fund may transfer its gold to the Treasury in
small amounts, depending upon the fund's need for dollars
and upon political and financial conditions at the time.
Unofficial reports indicated that gold imports during the
first quarter of 1938, most of which arrived in the second
half of March, substantially exceeded the $100,000,000 limit.
Despite the sharp drop in price of foreign currencies and
the upswing in the dollar, sterling was firm in terms of all
other currencies, and even at its lowest price in terms of
gold

the

dollar

March 26

would normally be considered firm.
Around
apprehension concerning the European situation




on

Paris

Gold Price

Mar. 17-..

160.28

153.98

139s. lOd.

Mar. 18...

161.00

140s.

2^d.

153.83

3

States from

London

Check Rate

1

2

Mar.

London

Open Market

on Paris

Mar.

to

Mean

London

Check Rate

$100,000,000 quarterly.
The
Department of Commerce statistics indicated that this
figure would probably not be readied during the first
three months of this year.
Imports Of metal into the United

System

OFIGOLDJIN LONDON

Mean

probably not be resumed during the

allowed to enter the gold reserves of the Federal Re¬

serve

artificial—which have ruled during

be an advantage to the Treasury and
indirectly therefore to the taxpayer, yet these advantages
would be dearly bought if they were to mean the extinction
of the London
bill market and the greatly diminished
attractiveness of the London bill if its marketability were

Domestic production and imports
gold under the Treasury's modified sterilization policy

are

extent

years may

first quarter of the year.
of

113

MONTHLY REVIEW

April, 1938]

139s.

9d.

Mar. 19.-.

161.03

1140s.

5Md.

153.44
-

139s.

9Hd.

Mar.

4

154.06

139s.

9}*d.

Mar.

5

153.92

139s.

9d.

Mar.

6

Mar.

7

Mar.

8

Mar.

9_...

154.56

139s.

Mar. 20

#d.

SUN DAY

Mar. 21...

161.73

Mar. 22

SUN DAY

140s.

163.34

Mar. 23...

162.94

139s. HHd.
140s.
2d.

155.84

139s.

Mar. 24

162.04

140s.
140s.

157.20

-

8Hd.
7^d.

139s.

7d.

Mar. 25...

163.37

140s.

2d.

163.90

140s.

3Hd.

lMd.
l^d.

159.14

139s.

6Md.

Mar. 26...

Mar. 11

158.06

139s.

6Kd.

Mar. 27...

Mar. 12

8d.

Mar. 28...

163.90

140s.

Mar. 13

156.55
139s.
SUN DAY

Mar. 29...

164.69

139s. lid.

Mar. 14

162.37A

139s.

8d.

Mar. 30...

163.21

139s. lid.

Mar. 15

164.83

139s.

163.28

140s.

162.211*

139s.

8**d.
9^d.

Mar. 31...

Mar. 16.—

Mar. 10

.

SUN DAY

3d.

Hd.

In commenting on the foreign exchange
situation in
March the Federal Reserve Bank of New York said in its
"Monthly Review" for April 1:

"The German annexation of Austria and the Polish ulti¬
matum to Lithuania

produced a revival of European war
which unsettled foreign exchange^markets during
March, and caused a Cessation of the capital outflow from
the United" States.
Major foreign currencies depreciated
sharply in terms of the dollar as the foreigh demand for
dollars increased, and the flow of gold to this\country from
Europe was resumed for the first time since October, 1937.
In addition, a political crisis in France led to further de¬
preciation of the franc against the pound sterling as well
as
against the dollar, while conditions in the respective
countries brought about the suspension of free trading in
the Chinese yuan and the Mexican peso.
"Among the first repercussions of Germany's entry into
Austria on March 11 was the suspension of trading in the
Austrian schilling.
Nominal quotations at levels near the
last firm rate of $0.1895 on March 11 were posted in this
market for several days thereafter, until a decree of the

fears,

German

Government

on

March

17

made

legal tender in the Austrian district

on

the

reichsmark

the basis of 1.5

schillings per reichsmark.
Prior

March

to

12 the pound sterling

had eased from
$5.00% on the morning of
period, the sterling price of gold
had fallen in London from 139s. 9%d. to 139s. 6%d., with
the result that the dollar equivalent of the London gold
price fell from $35.08% to $34.96 15/16. The German move
into Austria was reported after European markets had,
closed on March 11, but beginning on Saturday, March 12,

$5.01

13/16

March 11.

on

March 1

Over the

same

to

114

MONTHLY

heavy offerings of sterling brought the pound down approxi¬

day for four days.
Some respite was
afforded the market on Thursday, March 17, and sterling
mately

a

cent

a

quotations eased only slightly further, but the revival of
war fears
occasioned by the Polish ultimatum gave the
market on March 18 the heaviest turnover during the entire
week, and sterling fell as low as $4.94%. The Lithuanian
acceptance of the Polish terms induced some short covering
in the
market on Saturday, and sterling recovered to

EEVIEW
000,000 set by the Secretary of the Treasury in his state¬
ment of Feb. 14 on gold procedure, none of this gold was
sterilized."
Canadian
and

during

exchange

discount

a

ranged

March

between

par

of 49/64%.

CONTINENTAL AND OTHER FOREIGN EXCHANGE

French

The

franc

weak

excessively

was

throughout

Fluctuations were wide and rapid, whether meas¬

March.

sterling or by the dollar. On March 10 the ChauCabinet was forced to resign, and on March 13
Premier Leon Blum succeeded in organizing a new

$4.96 9/16, from which it deviated only fractionally until
the end of the month.
The dollar equivalent of the London

ured by

gold price reached the shipping point of $34.77 at the Lon¬
don fixing on Tuesday, March 15, and remained close to

former

that

level

for

franc and the

remainder

the

of

month.

the

The

Swiss

guilder fluctuations against the dollar

were

roughly parallel to those of the pound.
"The French franc weakened before the German-Austrian

ing, the franc broke precipitously on March 14 and 15 to
reach a new 11-year low at 166% francs per pound, equiva¬
lent to $0.0298 15/16 per franc in New York.
Some subse¬
quent recovery carried the rate to 160% francs per pound,
or $0.0312%, but at the month-end,the franc weakened again
to about 162% francs in London and $0.0305% in New York.
The belga was subject to heavy pressure during M;areh as
a result of the depreciation of the French franc, the war
scare in Europe, and internal political difficulties.
Between
March 3 and March 24 the National Bank of Belgium lost

approximately $65,000,000 of gold in defending the belga.
"Free trading in the Chinese yuan was suspended on
March 11, after which the official banks restricted sales
of foreign exchange to weekly allotments on written appli¬
cation.
The yuan eased gradually for a time from the previ¬
ously held rate of $0.29% to $0.28% on March 24, and
thereafter broke sharply to $0.23% before recovering to
$0.26 at the month-end.
"In
Mexico
trading in
the- peso was suspended on
March 19, following a practically continuous decline in
reserves

Cabinet, which appeared to be merely a temporary expedi¬
The war scare caused by the German coup in Austria

ent.

aggravated the
even

development as a result of political disturbances, going
from 153% francs per pound on March 1 to 159% francs on
March 10.
After a temporary rise induced by short cover¬

the

temps

and foreign assets of the Bank of Mexico since

last summer, which reflected an unbalanced trade position

resulting from increased imports and the fall in prices of a
Mexican export products, and perhaps
also some flight of foreign capital from Mexico.
The peso
declined from the rate of $0.2778, which had been held
since early in 1933, to a more or less nominal quotation
of $0.24%, and dropped further, after the announcement
by the United States Treasury on March 28 of the suspen¬
sion of purchases of silver from the Mexican Government,
to $0.21 bid at the month-end.
The Argentine free peso declined further during the
month to $0.2478 from $0.2640 a month ago, and $0.3015 at
the first of
September.
Canadian exchange in March
reached its lowest levels in terms of the dollar since April,
1936, selling at a discount of as much as 21/32% on
March 18, and of %% at the month-end."
Changes in the gold holdings of the Bank of England
during March were as follows:
For the week, ended
March 2, a decrease of £8,858; for the week ended March 9,
an increase of £59,861; for the week ended
March 16, an
increase of £16,554; for the week ended March 23, an
increase of £27,989, and for the week ended March 30 a
decrease of £42,834.
Gold holdings on March 30 stood at
£327,233,957 compared with £314,645,760 a year earlier, with
the minimum of £150,000,000 recommended by the Cunliffe
Committee, and with £136,880,252 in the Bank's statement
just prior to the suspension of gold on Sept. 21, 1931.
Deta|ils of the gold movement to and from the Port of

number of important

critical fiscal position of France, although

without this complicating factor the franc would have

extremely

been

because of the continued

weak

flight of

capital from Paris, the precarious situation of the French
Treasury and the recrudescence of labor troubles.
The
labor difficulties were induced by attempts of the Leftist
forces

to keep

the government close to the original lines
Popular Front when M. Blum first took

laid down by the
office.

The fact that the

Treasury was obliged on three separate

occasions to resort to temporary
France

served

to intensify

successive statements

borrowing at the Bank of
on the unit.
Three

pressure

of the Bank of France showed that

during the period the Treasury had borrowed 3,670,000,000
francs from the Bank.
Because of
cided

on

a

the

war

threat the

extensive

more

and conservative elements

French Government de¬

rearmament

defense

program,-

urged M. Blum to abandon the

composition of his Cabinet as of March 13 for a new coa¬
lition with dictatorial

"public safety" powers.
It was this
occasioned widespread strikes.
On March 24 the French labor leaders decreed general
strikes with occupation of factories as a warning against
threat

of

coalition

the efforts

of

the

dictatorial Cabinet

which

Blum
as

to establish

Government

such

a

the French Senate had demanded.

On March 22 M. Blum introduced

a

bill in the Chamber

of

Deputies for the purpose of assuring the Treasury of
funds during the coming weeks by extension of the govern¬
ment's credit limit with the Bank of France by as much as
10,000,000,000 francs. The French Senate rejected the pro¬
posal, but agreed to extend the government's credit limit
by 5,000,000,000 francs. At the time the bill was passed the
Treasury's permissive temporary borrowings from the Bank
of France were limited to 37,000,000,000 francs, of which
all but 3,000,000,000 francs had already been advanced.
A
second bill introduced by the government sought additional
indirect advances by proposing to transfer to the State in
the name of the newly-formed National Defense Fund
3,000,000,000 francs from the profits of the exchange equal¬
ization fund.
This measure was flatly rejected by the
Senate.
less

In the course of debate it was asserted

that not

than

80,000,000,000 francs of French funds were in
hiding abroad. The Bank of France statement for March 24
showed total gold holdings of 55,806,959,832 francs, which
compared with 57,358,742,140 francs a year earlier.
French
francs sold on March 1 at 3.26% @3.27%, and on March 31
at

York for April 1:
"Since the middle of March the dollar equivalent of the
London market price of gold, with allowance for shipping

3.05% @3.07%.
Belgian currency, like the other European units,
turned extremely weak in March, with the result that
Belgium was obliged to ship gold to both London and New
York.
Toward the end of March $4,219,000 of gold was
taken in Belgium and constituted the first consignment of
gold sent to the United States from Brussels since October,
1937.
Belga cable transfers sold on March 1 at 16.98 @
16.98%, and on March 31 at 16.89%@16.90%.
German marks presented no new features in March.
The
so-called free or gold mark continued to be held in close
relation to the pound in accordance with the policy of the
German control for many months, while the numerous in¬
land or blocked marks were at the usual heavy discounts.

charge, has been steadily in the neighborhood of the United
States buying price, and gold shipments to this country from

The Reichsbank statement for the first and second quarters
of March disclosed no change in gold holdings.
The Bank's

London

total

New York during

March

were

outlined

"Monthly Review" of the Federal

have

been

resumed

for

as

follows in the

Reserve Bank of New

the

first time

since

last

October.

"Preliminary figures of gold imports affecting the gold
during March show receipts at New York of $11,400,000 from England, $4,200,000 from India, and $4,200,000
from Belgium, and on the West Coast $4,500,000 from Japan
and $200,000 from Australia.
In addition, there was a gain
to

the gold stock through the release of $5,800,000 from
foreign earmarked holdings and through receipts of newlyimined and scrap gold.
The above transactions were offset
in part by sales of gold to foreign accounts/ these sales

causing a decline of $17,500,000 in the inactive gold account
is included in the gold stock.
The net gain to the
gold stock in March was approximately $18,000,000.
which

"For the first quarter of 1938 the net increase in the
gold
stock

was

approximately $34,000,000, after taking account
international transactions of $45,000,000

of losses through

which

are

gold holdings for the third quarter stood at 70,771,000
as
compared with 67,486,000 marks in the third
quarter of 1937, and the Bank's ratio stood at 1.6%.
On
marks

stock

,

The

reflected

in

a
decline of that amount in the
Since total deposits by the Treasury
in the gold certificate accounts of the Reserve banks during
the first quarter against acquisitions of gold by the mints

inactive gold account.

Dec. 31, 1932, the Reichsbank
gold and its ratio was 25.8%.

held

806,785,000 marks

of

After the seizure of Austria, Dr. Hjalmar Schacht, Presi¬
of the Reichsbank, and other German officials were

dent

actively engaged in bringing Austria's financial affairs in
According to their expressed
opinions, Austria's entire currency will be absorbed and
changed into German marks by May 1.
It was understood
that the official rate for the absorption Was to be two
marks for three Austrian schillings.
Incidentally, it was
planned to increase Germany's gold reserves by taking over
the gold reserves and foreign exchange of the Bank of

line with those of Germany.

Austria.

The Austrian Bank's

reserves

at the time of the

Nazi invasion totaled 404,000,000 schillings, of which 243,-

000,000 schillings
000,000 schillings

were
were

\jn gold coin and bullion and 161,in foreign exchange.
On March 17

it was estimated that the Austrian gold reserves were valued
at approximately $75,600,000, nearly three times the Reichs-

and assay offices, together with deposits against other gold

bank's gold reserves on that date of 70,771,000 marks ($28,-

held by the Treasury,

308,400),




about equaled the figure of $100,-

The so-called free

or

gold mark was quoted at

April, 1938]
40.46% @40.48

MONTHLY

,

March

on

1,

and

40.14%@40.16

at

on

March 31.

Cable transfers

between 5.26%

Rome sold during the month

on

at

and 5.26%.

Exchange on the countries neutral during the war fol¬
lowed closely the fluctuations in sterling.
During the first
part of the month the guilder and the Swiss franc displayed
an

independent

firmness,

of
Holland
least, and it was thought probable that Switzerland also,
was obliged to send gold to
London, and it was also believed
that either directly or indirectly Swiss and Dutch gold

March 13

in

Austria

but

these

following

units

broke

events

the

sharply.

at

destined

was

March

on

55.38.

1

at

York.

Guilder

55.95% @55.98 and
transfers sold

March 31 at 55.35@
March 1 at 23.22% @

on
on

March 31 at 22.92@22.93%.

25.85@25.86

were

Cable transfers

1,

March

on

sold

transfers

cable

exchange,

take

to

South American countries continued to

the

on

(including cash) to foreign countries, telegraphic transfers,
export of security coupons in foreign currency, and issuance
of letters of credit.
to

The Foreign Office said that the primary purpose was
establish a sound condition in the exchange market by

controlling transactions

by banks in Japan and checking
competition.
The Foreign Office declared that the
changes in the ordinance would scarcely affect those en¬
unfair

gaged in general business.
Tokio

dispatches

by exchange controls.
In a report published
early in March the Central Bank of Argentina stated that
no
depreciation in the official market price of Argentine

contemplated.

Referring to the

March 8 stated that Japanese bank¬
a credit of 100,000,600 yen as an

on

had decided to grant

ers

exchange fund to the newly-formed Federal Reserve Bank
of China.

Chinese officials characterized this North China

bank in Peiping as a device to undermine Chinese currency.

March

On

(Shanghai)

governed

pesas

effect on April 6.
Under the
permission will be necessary for
the purchase and sale of foreign exchange in Japan, sale
of Japanese yen
by Japanese banks abroad, remittances

25.58 %@

and

March 31.

on

Exchange
be

New

cable

on

Sweden

25.60

for

Swiss

23.24%, and
on

foreign

revised version government

Italian lire, as during many months previous, was held
steady throughout March by the rigid control exercised at

Rome.

115

REVIEW

28

there

a
sharp drop in the Chinese
Chinese dollar had for months

was

The

dollar.

been ruling around

30-31c., but with the break on March 28
States cents, rallying at the
close of the day to 23.5c.
The Chinese dollar had fluctuated
declined to

29c.

between
silver

low of 22 United

a

31c.

and

China

since

nationalized

monetary

in

in the free market observed in December and January,

the

November, 1935, in an effort to divorce the ex¬
change value of the currency from the bullion of silver,

report pointed out that in view

the

which had been the ruling factor theretofore.

was

Bank's
was

of

disequilibrium
of

the contraction

of devisen intended for free market use, it

reserves

decided to allow the free market to find its

level.

own

The London silver

price on March 1 was 20 l/16d., and on
Hongkong dollars were 31.88@31 9/16

March 31, 18 13/16d.

During February the offerings in the free market increased

on

to

dollar

was

March

31.

and at

28.93@28.95

67,800,000

against

pesos

demand for 71,700,000 pesos,

a

thus reducing the deficit to only 3,900,000
pesos.

"Argentina's fundamental

lutely

independent

of

the

transactions

overseas

influence

of

the

free

according to the report of the Central Bank.

abso¬

are

market,"

"The official

March

obtains

90%

of the export exchange and pays all
the public debt service as well as 83% of the exchange on

imports.

However, the creation of the free

market had

Mexico

is

not

South

a

country, it
convenient to note here its recent exchange difficulties
the

of

unit

language
States

value

is

country.

and

for

peso

The

British

responsible

the

I
»

I

I

recent

disturbance

in

i

i

I

I

I

I

I

I

I

I

i

t

t

I

I

I

i

i

9

i

i

i

I

I

I

I

I

I

I

I

I

I

I

i

i

i

i

I

I

I

(111

i

i

i

I

I
I

I

I

I

I

I

I

as

United

March 21 Mexico dispatches stated that the peso would be
officially lowered within a few days to the basis of four

the dollar.

pesos to

Mexican

market

24.50c.

At

Mexico

quoted

was

the

On

centavos.

nounced

New

reopened
same

March

closed.

was

York

New

time

28

reduction

a

from 45c. to 44c.

At the

in

pesos

in

the

its

in

the

United

foreign

was

stated

the

at

market

open

peso

in

and four pesos 25

States

silver

that

When

the

quoted

pesos

ounce, and on the

an

time it

same

i

i

i

i

l

I

i

i

i

i

I

I

it

t

r

i

Treasury
purchase

an¬

price

following day to 43c.
no

further purchases

of silver would be made directly from Mexico after
April 1.
The official quotation for exchange on Buenos Aires

§

S

a a
a
dk dk dk dk dk dk

and

33.46 during March.

The unofficial

or

free market
rate

on

ranged between 24.80 and 26.40.
The official
Rio de Janeiro ranged between 5.85 and 5.95.

Exchange

during March
China.

The

Far

the

on

££«£

because
Indian

Eastern

countries

of the conflict

rupee

moved in

was

important

26

l(k dk

dk

I

I

San

a

a

1^ dk dk

(->

S

a

I
I

00000

O
~

HHMMM

&

a
a a
dk cn Cn Cn Cn Cn

£ 5;;"Xs"

&

a

a

a

a

£X-5

X£ S* =

dk dk dk dk dk dk

bbbbbb

bbbbbb

OS OJ -dOJ

Cn Cn Cn OJ OJ Cn

OOHHHO

=

S

a

a a
dk d* dk

d>. dk dk dk rf*

d>- Cn Cn Cn Cn Cn

cn cn cn Cn cn

bbbbo
l_> h-> (-1 )-i t-1

££

~

S S

bbbb

bobbbb
tOMHHMH

II

00000

OS "*1 00 OS

hhhmM

a

a

a a a a
dk dk dk dk ^ i*.

S

a a
a a
Cn Cn Cn Cn Cn

a

a

£

a a a a a a
d. Cn Cn Cn cn Cn

a

dk dk dk dk dk dk

M

>££££

dk d».

dJ.dJ.^^dkti*

b

bbbbbb

04 04 -J 04

Cn Cn 04 04 OJ 04

b

co

s.?X
d*- dk dk dk

£

o»

between

close

Japan

and

relationship

Japanese foreign office announced
of

the

ordinance

covering

i^O»OiCnOiCn

bbbbbb

Mvj

H

—

H
o»

00

£££

OOhOmO

£XXXX
cn cn Cn Cn Cn

dk dk. dk dk dk

^^^Oi^52»^CO^»^.O>^l200CO

bb_bbobb

CD

X

d-

£

d^d^d^d^

XX

XXX

dk dk W dk d». d^

dk dk dk dk dk dk

bbbb b

co
d>> 10 d»- d^ cn -d

XX
d^

S

a
a a a a
d^. d^ d^ d^ d^ d^

a a a
dk dk dk dk
CD CD CD CO
Cn cn 04 Cn
Nfli

"

qi

OJ

o

H

a

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K

0C\

_d* dJ. _d»- _d^ _d>.

bbbbbb

d^- d. Cn Cn Cn
bbbbo

-d 0O CO CO CO CD

CO CO O O O

a

a

-

N>—

a a a a

d. d^ d^ Cn Cn d.

CO CO CO CO CO CO

bbbo

Cn d* Cn Cn C34

CO COCO
dk d»> dk

w

a

HtO^OOOOO
-Vp.
oa

V-VJV-Nf

a

a

bbrbbobb

CnCnCnCnCn^CndkCSOSMOOH^OOCO

£X£XX

]^w\lr\00v

a

CndJ-OcncnCnCnCn

bbbbbb bbbbb^bbbbbbrbb
cn
o oj cn

W\

0,

a

dk

XXXX

I:

Sb 0c0®00000

j3a d* d* dk dk dk vj d>. dk d. dk dk d". D d»- d*
aaSaaMaaaaaapaa
P

£a

OOOOO
Ohhhh

XXX

££

XgX £X»£X§X£XXXXS X

a a a a
dk d* di. d>

CnCn Cn Cn Cn

cooooob

end* Cn dk

04 dk 04 C34

££

CO CDCOCOCDCO__CDCOCDCDCDCD_r,COCD
CO CO CO CO CO CO
cob
bbb

CO CO CD CO

CncnOSdkGQdk

X£

^ dk dk d* d»

£

00 CO coo o co

o

b

-

a a a a a
cn Cn Cn Cn Cn

obbob
ooooo

sjt fx*
a

a

a

a

-k

t^j^d»>dk

d.dJ.d^d^dJ-d).

d^d».j^d^d».|<»>

d».dkOiOJCnCn

bbbb

bbbbbb

bbbbbb

Cn Cn C4 Cn

d» d»-Cn Cn Cn Cn

Cn W Cn Cn OJ -d

bbbbob

control

DAILY RATES

an

00 co O O <-* O

Cn Cn Cn Cn Cn

obbob

ba

OOOOO

a *2

4"^* v<v»v«
at

dk. d* d^ d^

the

revision

oo\ oo\ oo\

oo\

dk. dk- dk dk
_dk
bbbbbb

dk d^ dk dk.
bbbbbb

d>. Oi Oj Cn Cn Cn

bbbbbb

Cn o -d oj

CnCnCnCnOJCn

OJ dk cn Cn OJ 00

obbob

cooooho

o o i—

S3

Cn cn Cn Cn Cn

bbbb

h- i-.

of

|b!

SLS

Switzerland

Portugal

Germany

Austria

Franc

Franc

Escudo

Reichsmark

Schilling

Checks

Cables

3.26^a3.26^
3.25^03.26 M
3.25^03.26^
3.25)^03.26
3.25Ma3.25^

3.26Ha3.27H
3.255ia3.26^
3.25^a3.26^
3.25^a3.26)i
3.25Ma3.26

Checks
23.22

Cables

Checks

023.24

23.33%a.24% 4.54%o4.56%
23.21c23.23% 23.21%a.23% 4.53%a4.57
23.21%a.22% 23.22a23.22% 4.53%o4.57
23.20%a23.21 23.21a23.22
4.53%a4.55
23.20a23.20% 23.20%a23.21
4.55

Checks

Mar.

Mar.
Mar.
Mar.

Cables

Checks

1. 40.46o40.47% 40.46%a40.48 18.94
2. 40.45
O40.48 40.45%a.48% 18.93
3. 40.45
O40.46 40.45%a40.47 18.92

018.95

Hungary
Pengo
Cables

Checks

18.94%al8.96
I8.93%a18.97

19.85al9.93

018.96
018.94

18.92%al8.95

19.85al9.93

19.85al9.93

Mar.

4. 40.44%a40.46 40.45a40.46% 18.92
5. 40.41%a.43% 40.42
O40.44 18.93

Mar.

6.

4.53%o4.55
4.53%a4.57
4.53%o4.56

Mar.

7- 40.38

18.92%al8.95

19.84al9.93

Mar.

8.

19.84al9.93

4.53%o4.56%
4.53%04.55%
4.52%a4.54

Mar.

40.39%a40.40 40.40a40.40% 18.92
ol8.95 18.93
018.96
O40.40 40.39%a40.41 18.92
018.94 18.93
018.95
10. 40.36
040.38 40.36%a.38%
18.92
18.93

19.84al9.93

9. 40.39

18.91%al8.93

19.85al9.93

18.90

19.86al9.91

Mar.

11. 40.35%a40.37 40.36
040.38 18.91
al8.92
12. 40.22%a40.25 40.23a40.25%
18.89
13.
SUNDAY

4.50%o4.53%

Mar.

14.

SUNDAY

3.22^o3.23H 3.23Ha3.24
3.21
03.22)^ 3.21Ha3.22^
3.17^o3.18M 3.18^a3.20
3.15^03.15^ 3.15Ma3.16
3.16Ha3.18H 3.16^a3.18^
3.19^o3.20H 3.19^a3.20^

s

OF FOREIGN EXCHANGE

France

23.17%a23.19 23.18a23.20
23.20a23.23% 23.20%o.24%
23.20
o23.22 23.20%a23.23
23.20a23.20% 23.20%a23.21
23.17%a23.19 23.17%a23.20
23.05
o23.ll 23.05%a23.12
SUNDAU

3.04«o3.09H 3.04Ma3.09^ 23.03%a23.06 23.04
O23.04 22.98
3.00Ha3.07Ji Z.00HaS.07H 22.97

023.07

O23.05 4.50
04.53
3.05 H 03.12 X 22.95%a22.98 22.96
022.99 4.49
04.51
3.08Ha3.U% 3.09
03.12M 22.95%a.96% 22.95 %a22.97 4.49
a4.54
22.87
a22.93 22.87%a.93%
3.06^a3.07Ji 3.06^a3.08
4.49

3.05

I

Cn Cn Cn Cn Cn

dk Cn Cn Cn Cn Cn

ebopbo
ooo

I

disturbed

2d. per yen.

On March

I

i

dk dk
d^dk
bbbb

a

to
sterling, to which it is legally attached at the rate of Is. 6d.
per rupee.
The Japanese control continues to hold the yen
at Is.

I

I
I

bbbbbb

ranged

between 33.01

i

rfk |fk J*.

a

I

I

t

i

Jpk

On March 18

27.80c.

at

York

selling between five

were

i

i

CO CO CO CO CO CO
0»Cn Oi Cn 05 Cn

co

peso

i
i

iii

Between March 18 and March 23 the

Mexican foreign exchange market
the

i

I

I

I

Ohhhhh

largely
currency.
On

the

CO*O>-OC0OO^OOi»*CO*O»-*

i

i

i

is

Spanish

a

expropriation of
properties in Mexico was

oil

the

Mexico is

and

at

1(11

a

American

sold

March 31.

on

t-OtOOO •^acn^cofcOH-ocooo^
i

good effect in preventing the bootlegging of exchange, and
it had operated as a safety valve for the exchange market."
While

checks

Yen

The Shanghai
25.66@26% on
29.02@29.03 on March 1,

COCO tots

I

market

1, and 30.54@30% on March 31.
29.63@30.00 on March 1, and

a3.12

Mar.
Mar.
Mar.

018.94 18.93

018.94

018.95

19.85al9.92

18.93%018.95

19.85al9.92

SUNDAY

O40.40 40.38%a.40% 18.92

40.20%a40.27 40.21

018.94

040.28

Nom. 18.95

19.84al9.93

19.86al9<

Mar.

15. 40.15

O40.18 40.15%a40.19

Nom. 18.93

Mar.

16. 40.13

Nom. 18.77

19.83ol9.90

Mar.

17. 40.14

O40.17 40.13%a 17%
O40.17 40.14%a.l7%

Nom. 18.78

19.83al9.91

Mar.

18. 40.10

O40.13 40.11

a40.18

19.82al9.93

040.14

If .81019.90

40.14%a.l8%

19.83al9.91

3.07Ka3.08H 3.07Jia3.08H 22.92% a22.93 22.92 %o.93% 4.49%o4.50%

Mar.

19. 40.14

SUNDAY

Mar.

20.

22.92%a22.94 4.49%o4.51

Mar.

21.

22.93%a22.96 4.49%o4.52%

Mar.

22. 40.10

22.92 %a22.96 4.49

Mar.

19.83al9.90

Mar.

23. 40.11%a40.13 40.12o40.13%
24. 40.09a40.10% 40.09%a40.11

19.83al9.93

3.04

022.93
O3.06H 3MHa3.06H 22.92
3.02^a3.06H 3.02Jia3.06^ 22.93022.95%
a22.95
3.04Ha3.06K 3.04^03.06^ 22.92
3.05^a3.06^ 3.05^a3.075i« 22.91%a.93%

04.52

SUNDAY

40.10%a40.16 40.11

040.17

No rates

No rates

19.83al9.93

040.13 40.10%a40.14

available

available

19.83al9.93

22.92o22.93% 4.48%o4.52
3.02MO3.05H 3.02Ha3.05Ji 22.90% 022.93 22.91022.93% 4.49%o4.51%
3.02
a22.90 22.89%a.90% 4.49%o4.51%
a3.02^ 3.02^o3.02% 22.89

Mar.

25. 40.09a40.11% 40.09%a40.12

Mar.

SUNDAY

Mar.

26. 40.08%a40.10
27-

3.00«o3.02

3.01

fl3.02% 22.89

o22.93

22.89%a22.94
3.05
3.04«a3,06
O3.06M 22.95022.97% 22.95%a.97%
3.04
a3.04« 3.04%o3.05
22.94022.95% 22.94%a.95%
3.05Ha3.06^ 3.05%a3.07% 22.91%a22.93 22.92022.93%




40.09a40.10%

19.82al9.90

19.83al9.93

SUNDAY

4.48%o4.52

Mar.

4.49

o4.54

Mar.

28. 40.08%a.ll% 40.09
29. 40.14%a40.20 40.15

040.21

19.80al9.90

4.49

04.53

Mar.

30. 40.15%a40.17

40.16040.17%

19.83al9.90

4.49%o4.62

Mar.

31. 40.14a40.15% 40.14%a40.16

19.80al9.90

040.12

19.83al9.85

116

MONTHLY REVIEW
DAILY RATES OF FOREIGN

Belgium

Netherlands
Guilder

Greece

Zloty

Checks

Cables

1. 16.97>*al6.98 16.98al6.98J4

18.96al9.00

Mar.
Mar.

055.95 55.91J4a.95J4
055.91 55.89J4a.91J4

18.98al9.00

Mar.

3

18.97ol9.00

Mar.

4

18.97al9.00

Mar.

-

5

7-

18.96al9.00

Mar.

18.97ol9.00

Mar.
Mar.

9

SUNDAY
al6.85 16.83 J4a.85J4 55.58
055.65 55.58%055.66

15. 16.83al6.84J4 16.83 J40.84J4 55.39J4 055.53 55.40
055.54
16. 16.82J4o.83J4 16.82 J40.83J4 55.12 J4 055.24 55.14a55.24J4
17- 16.82 J4a.83J4 16.83
016.84 55.23
055.36 55.23 J4055.37
18. 16.82al6.82J4 16.82 J4al6.83 55.09J4055.24 55.10
055.25
19. 16.82 J4al6.84 16.83

016.85 55.25

055.29 55.26

055.30

18.97al9.00

Mar. 10.——-

18.96al9.00

Mar

18.95al8.99

Mar. 12

24. 16.82 J4al6.83 16.82 J40.83J4 55.28J4 055.31 55.29
055.32
25. 16.83
016.84 16.83 J40.84J4 55.26
O55.30 55.26J4055.31
26. l6.84al6.84J4 16.84 J4 016.84 55.27 J4055.29 55.28
27.
SUNDAY
28- 16.84 J40.86J4

29.

l6.85al6.86J4

55.28

16.90 J4al6.93 16.91al6.93 J4 55.42

055.30

11

»64%dlsct. 0 par

54.65

*itsahtt% discount

54.65

»ijeo*iie% discount
*wa*#4% discount

54.65
54.65

%a.92%
,91%a.92%
.91 J4a.92 J4

-

*ia% discount
1s201ns% discount
*»»a*e«% discount
*«a*66% discount
*«4a'its% discount
t«4a1i«% discount
SUNDAY

.91 J4a.92J4
.91340.92 J4
.91 J4a.92J4
.91 J4a.92J4
.91
.91

J4a.92J4
J4a.92 J4

Mar. 13

18.95ol8.97

Mar. 14

18.90al8.95

Mar. 15

18.89al8.95

Mar. 16

.91J4a.92

.91%a.91%
a.91%
.90%0.91
.90%a.91%
.90%a.91
.90%a.91

18.89al8.95

Mar. 17

Mar. 18.—:—

18.88al8.95

Mar. 19

7«40s«4%
53io764%
%a*ie%
7i<aJ4%
%a*Jn%
•iea*7i*%

.91

J4o.91 J4
.91
a.91 J4

.91

18.97al8.95

.91

a.9134
.90J4O.91J4
.90 34a.91J4

18.86al8.90

Mar. 24

18.85018.90

Mar. 25

.90% a.91

Mar. 26

,90%o.91

Mar. 21

18.85018.89

Mar. 22

18.83al8.90

Mar. 23.

18.88al8.90

.91

055.35 55.28J4055.36
055.51 55.42J4055.52

18.84ol8.90

Mar. 28

18.86al8.90
18.85al8.90

Mar. 29-

18.85al8.90

Mar. 31

Mar. 30.——-

.90J4a.91J4

.90%o.91
.90%O.91%
.90%O.91%
.90%o.91

.91

Sweden

Finland

Argentina

Krona

Markka

Peso

1-

33.45

2.

33.44o33.45

3.

33.45

33.46

4.

38

fl2 2.40

5.

37

022.38

025.84 2.21 J402.21 J4
,38J4a.40J4 25.81J4a.83J4 25.82
a25.82 25.81J4a.82J4 2.21 J4a2.21J4
,37%a.38% 25.81

6.

35

8.

10.

38J4O.40J4
36 J4022.38
37022.37J4

11.

34

12.

29J4O.30J4

022.36

02.21 J4
025.80 2.21
35%a.36% 25.78J40.79J4 25.70
39
a22.41 25.82J4025.85 25.83a25.85J4 2.21J4a2.22J4
37
022.39 25.80
a25.82 25.80 J4a25.83 2.21 J402.22
37J4a22.38 25.80a25.81J4 25.80J4025.82 2.21
a2.22
025.79 25.77J4O25.80 2.21
34J4022.36 25.77
02.22
025.74 25.72J4025.75 2.20J^a2.20J4
,30a22.31% 25.72

022.35

13.
25

25 J4 a22.27 25.68
a25.69 25.68J40.69J4 2.20%a2.20%
,22 J4 a22.25 25.63J4025.66 25.64
025.67 2.20
O2.20J4

022.26

15.

22

022.24

16.

16

022.17

17-

16

022.19

18-

09 J4022.13

19.

15%a22.17

16%022.18
,16%a.l9%
,l0a22.13%
.16a22.17%

20.
21.
22.

25.56
25.56
25.49

22.56

22.15

23.

14

25-

13022.13J4

26.

13

022.15

,

022.14

13 J4022.14 25.54

13%a.l4% 25.54

27.

.

Checks

5.90a5.95

5.1605.19

5.90a5.95

5.16o5.19

5.8605.94

5.8705.95

5.1605.19

5.9005.95

5.1605.19

5.90a5.95

5.1605.19
5.16a5.19

4.

33.43a33.44

33.44o33.45

5.

33.41

33.42

6.

Mar.

7-

33.39

33.40

5.8605.94

5.8705.95

SUNDAY

8.

33.41o33.43

33.42o33.44

5.8605.94

5.8705.95

5.1605.19

Mar.

9-

33.41a33.42

33.42o33.43

5.8705.94

5.8805.95

5.16a5.19

Mar.

10-

33.40a33.41

33.41a33.42

5.8705.94

5.8805.95

5.1605.19

Mar.

11-

33.38a33.40

33.39o33.41

5.8905.94

5.90O5.95

5.16o5.19

Mar.

12.

33.27a33.30

33.28o33.31

5.8705.94

5.8805.95

5.1605.19

13-

Mar.

14.

33.25o33.27

33.26a33.28

5.8705.94

5.8805.95

5.16a5.19

Mar.

SUNDAY
5.1605.19

15.

33.18o33.21

33.19o33.22

5.8605.94

5.8705.95

Mar.

le¬

33.10a33.13

33.llo33.14

5.8705.94

5.8805.95

5.16a5.19

Mar.

w-

33.07a33.12

33.08o33.13

5.8705.94

5.88a5.95

5.16a5.19

a25.51 25.49J4025.52 2.18%a2.19%
025.58 25.56J40.58J4 2.19
a2.19 J4

Mar.

is.

33.00a33.03

33.01a33.04

5.8905.94

5.90O5.95

5.16a5.19

Mar.

19.

33.05a33.07

33.06a33.08

5.8505.94

5.8605.95

5.16a5.19

5.1605.10

SUNDAY

Mar.

2.19J4a2.20
2.19J4a2.19J4
2.19J4a2.19J4
2.19J4a2.19J4
025.55 25.54J40.55J4 2.19
02.19J4
a25.55 25.54J4025.56 2.19
02.19J4

20.

Mar.

21.

33.10033.11

Mar.

22.

Mar.

23.

Mar.

24.

Mar.

25.

Mar.

26.

,14

Mar.

28-

29.

20

17022.18J4

Mar.

31.

15J4a.l6J4

,20J4a22.22 25.63J4025.65 25.64a25.65J4 2.19J4a2.20J4
.17J4 a22.19 25.59J40.61J4 25.60
025.62 2.19J4a2.20J4
.16
022.17 25.58
025.59 25.58J4a25.60 2.19%a2.19%

Mar.

30.

Mar.

33.llo33.12

5.8505.94

5.8605.95

33.09a33.10

33.10a33.11

5.8505.94

5.86o5.95

5.16a5.19

33.07a33.09

33.08033.10

5.85a5.94

5.8605.95

5.16a5.19

33.07

33.08

5.8705.94

5.8805.95

5.1605.19

33.05a33.07
33.00a33.04

33.06o33.08

5.8705.94

5.8805.95

5.1605.19

5.8405.94

5.85a5.95

5.16a5.19

5.16a5.19

33.01a33.05

SUNDAY

27-

13J4a.l6J4

SUNDAY
022.17 25.55
025.59 25.55J40.59J4 2.18J4a2.19J4

Mar.

28.

022.21

54.65
54.65

Mar.

25.54J4025.56 25.55a25.56J4
,17%a22.19 25.58
025.59 25.58J4025.60
.15
022.17 25.56
a25.57 25.56J4 a25.58
,14% a22.16 25.55J40.56J4 25.56
025.57

17o22.18J4
14 J4 a22.16

24.

54.65
54.65

a25.58 25.56J4a.68J4 2.19J4a2.20J4
a25.58 25.56J4025.59 2.19J4a2.20

SUNDAY
22.14

54.65
54 65

Mar.

SUNDAY

14.

54.65

Peso

Cables

Mar.

Mar.

64.65
54.65

Chile

Mar.

SUNDAY

7.
9.

25.84J4025.85 25.85

54.65

5.8905.94

33.45o33.46

Mar.

.39J4O.40J4 25.84

022.41 25.84

54.65

5.8905.94

33.46

Mar.

O22.40

54.65

54.65

5.8905.94

Mar.

39

54.65

5.89o5.94

025.86 2.2lJ4a2.22

025.85 25.84J40.85J4 2.21 J4 o2.22
025.85 25.84J40.85J4 2.21J4a2.22

.39J4022.41
,39%a.40%

,40o22.41 J4

2.

.40

Checks

Cables

Checks

Checks

Cables

3.

1.

54.65

MUrels

Checks

54.65
54.65

Brazil

Krone

Cables

54.65
54.65
54.65

discount

*is% discount
J4% discount
"«aJ4% discount
«840»i«% discount

a.9134

.9034a.91J4
.90J4a.91J4

Denmark

Checks

54.65

SUNDAY

Mar. 27

30. 16.90al6.91J4 16.90 J4al6.92 55.38
055.43 55.38J4 a55.44
31. 16.89J4ol6.90 16.89 J4a.90J4 55.34J4a55.37 55.35
055.38

54.65

54.65

discount
discount
discount
discount
discount

193ia7i<% discount
*»i20**»»% discount
J4aJ4% discount
»mo7x#% discount
17siaJ4% discount
»n% discount

.9034a.91J4
a.91J4
.91
a.91J4
,91
a.91 J4
.90340.91 J4
.90 J4 a.9l J4

.90%a.91
.90%a.91
.90%o.90%
.90%a.91

18.83al8.90

54.65

SUNDAY

Mar. 20

20-

SUNDAY
21. 16.82al6.82 J4 16.82 J4016.83 55.27
055.35 55.27J4a.35J4
22. 16.82 J40.83J4 16.82 J4016.84 55.30
055.39
a55.38 55.31
23. 16.82 J4016.83 16.82 J40.83J4 55.29J4055.36 55.30a55.36J4

Par

.91

.91%a.92
.91%a.92
.91%a.92
.91%a.92
,91%a.92
.91%0.92

8

18.97al9.00

—

7*

8- 16.92al6.93J4 16.92 J40.93J4 55.88
9- 16.91
al6.92 16.91J4a.92J4 55.87

16.91J4a.91J4 16.91J4ol6.92 55.84J4a55.87 55.85a55.87J4
055.97 55.88J4o.97J4
055.95 55.87J4 055.96
10- 16.90%o.91% 16.91al6.91J4 55.88
055.90 55.88J4a.90J4
11. 16.89al6.89% 16.89 J4al6.90 55.82
055.87 55.82J40.87J4
12. 16.84%a16.85 16.84 J4a.85J4 55.65
055.71 55.65J4a.71J4

54.65

.91 J4a.92J4
.91 J40.92 J4

6

-

\

Checks

SUNDAY

2

SUNDAY

16.83

Peso

Checks

Cables

.91%o.92.91 JHa.92
.91%a.92
.91 %a.92
.91%o.92

1

18.97ol9.01

Mar.

A

16.95%al6.97 16.95J4a.97J4 55.91
5. 16.94%al6.95 16.95a4ff.95J4 55.89

14.

Colombia

Dollar

Checks

Checks

55.95*055.97 55.95J4a55.98
^055.97 55.95a55.97J4
055.96 55.95J4a.96J4

4.

6.

Cables

Checks

2- 18.97al6.97% 16.97 J4016.98 55.94
3- 16.97al6.97% 16.97 J4a.97J4 55.95

13.

Canada

Drachma

Poland

Belga

EXCHANGE—(Concluded)

33.05o33.09

33.06a33.10

5.8705.94

5.8805.95

29.

33.16a33.17

33.17a33.18

5.8705.94

5.8805.95

30-

33.12a33.13

33.13a33.14

31-

33.08a33.10

33.09a33.ll

5.90

5.89

5.88a5.89

5.89fl5.90

5.16a5.19
5.1605.19

5.16a5.19

Czecho¬

Ecuador

Uruguay

Venezuela

Peru

Japan

Norway

Spain

slovakia

Bolivia

Krone

Peseta

Koruna

Boliviano

Sucre

Peso

Bolivar

Sol

Yen

Checks

Checks

Checks

Checks

Checks

Checks

Checks

Coibles

Checks

Cables

Checks

Mar.

5.00

7.25

66.00a66.05

30.50

24.37a24.50 29.02o29.03

Mar.

5.00

7.25

66.00066.02

30.50

24.37a24.50 29.01a29.04

Mar.

5.00

7.25

66.02a66.02

30.50

24.37a24.50 29.01a29.03

Mar.

5.00

7.25

65.98a66.00

30.50

24.25o24.50 29.01a29.03

Mar.

5.00

7.25

65.98o66.00

30.50

24.25o24.50 28.97a29.00

Mar.

1. 25.21

6.06

Mar.

2.

6.06

Mar.

3. 25.20%0.21% 25.21025.22%
4. 25.19
025.21 25.19%a.21%

6.07
6.07

3.51J4a3.5lJ4
3.51J403.51J4
3.51%a3.5l%
3.51J4a3.51J4

5- 25.18025.18% 25.18%a25.19
6.
SUNDAY

5.92

3.51 J4a3.51J4

025.17 25.16%a25.18
025.22 25.18%a.22%

5.75

3.51 J4a3.51 J4

Mar.

5.00

7.25

65.90a66.00

31.00

24.25o24.50 28.97a28.99

5.81

3.51 J403.51

J4

Mar.

5.00

7.25

65.95o66.00

31.00

24.25o24.50 28.95a28.96

O25.20

5.75

3.51 J4 a3.51 J4

Mar.

5.00

7.25

65.96a66.00

31.00

25.18025.19%

5.76

3.51%a3.51%

Mar.

5.00

7.25

65.94o66.00

31.12

24.25a24.40 28.90a28.92

5.00

7.25

65.89o66.00

31.25

24.25a24.40 28.89028.91

5.00

7.25

65.70a66.00

31.25

5.00

7.25

65.65a66.00

Mar.
Mar.
Mar.
Mar.

025.22 25.21%o.22%
025.22
25.20%a.21% 25.21

7- 25.16

Mar.

8. 25.18

Mar.

9.

Mar.
Mar.

Mar.

25.17%a25.19
lO- 25.17%a25.19
ll. 25.14%a25.16
12. 25.09%0.11%

25.18

025.17

5.74

3.51 J4 a3.5154

Mar.

25.10

025.12

6.75

3.50%a3.50%

Mar.

5.73

3.50J4a3.50J4

Mar.

5.75

Mar.

5.00

7.25

65.49a66.00

31.25

5.71

3.50J4a3.50J4
3.50
O3.50J4

24.25o24.40 28.79a28.81
24.25a24.40 28.72o28.73

Mar.

5.00

Y.25

65.34o66.00

31.25

24.25o24.40 28.68o28.70

5.78

3.49J4a3.50

Mar.

5.00

7.25

65.30a66.00

31.25

24.25a24.40 28.61028.64

3.49J4
3.49J403.49J4

Mar.

5.00

7.25

65.13a66.00

31.35

Mar.

5.00

7.25

65.28a66.00

31.25

24.00a24.40 28.55a28.57
24.00o24.40 28.61028.65

13-

Mar.

14. 25.05%a.06% 25.06
15. 25.t)l%a.03% 25.02

Mar.

SUNDAY
No

O25.04

Quotations

16- 24.94%0.95% 24.95
024.96
17. 24.94
024.97 24.94%a24.98

Mar.
Mar.

18. 24.87a24.89% 24.87% O24.90
19. 24.93%024.95 24.94
024.96

5.83

5.80
■

Mar.

20.

SUNDAY

21. 24.92

Mar.

25. 24.91

Mar.

Mar.

6.00

7.25

65.33a66.00

3.49%a3.50
3.49J4a3.49J4
3.49
03.49J4

Mar.

5.00

'7.25

65.33o66.00

31.25

Mar.

5.00

7.25

65.30a66.00

31.25

24.00a24.40 28.91a28.95

5.77

Mar.

5.00

7.25

65.29o66.00

31.25

24.00a24.40 28.88o28.93

3.48 J4a3.49J4

Mar.

5.00

7.25

65.25a65.27

31.50

24.00a24.25 28.88o28.93

5.75

3.48 J4 a3.49

Mar.

5.00

7.25

65.25a65.26

31.50

24.00O24.25 28.87028.92

5.77

Mar.

5.00

7.25

65.25a65.31

31.50

5.77

024.92 24.91%a.92%
024.92 24.91 %a.92%

26- 24.91

SUNDAY

SUN DAY

Mar.

27-

Mar.
Mar.

28. 24.91 %o24.95 24.92024.95%
O25.00 24.99%a25.01
29. 24.99

5.75

3.48%a3.48%
3.49
03.49J4

Mar.

5.00

7.25

65.40a65.48

31.50

Mar.

30. 24.96

024.97 24.96%a.97%

5.75

3.49 J403.49J4

Mar.

5.00

7.25

65.39a65.41

31.50

Mar.

31. 24.94024.94% 24.94%a24.95

6.81

3.49

Mar.

5.00

7.25

65.30a65.40

31.50

Mar.

03.49J4

Philippine

Italy

Rumania

Bulgaria

Leu

Lev

Dinar

<

Checks
1.

Mar.

2.

Mar.

3.

Mar.

4.

Cables

Checks

6.26a5.26%
5.26a5.26%
5.26a5.26%
5.2605.26%
5.26a5.26%

5.26%a5.26%
5.26%a5.26%
5.26%a5.26%

.73%o.75
.73%o.75
,73%0.75

1.2501.26

5.26%a5.26%

•73%a.75
.73% 0.75
SUNDAY

5.26%a5.26%
5.26%a5.26%
5.26%a5.26%
5.26%a5.26%
5.26%a5.26%
5.26%a5.26%

Mar.

5.

Mar.
Mar.

6-

7.

6.2605.26 %

Mar.

8-

Mar.

9.

Mar.

lO-

5.2605.26%
5.2605.26%
5.26a5.26%
5.26a5.26%
5.2605.26%

Mar.

ll.

Mar.

12.

Mar.

14.

Mar.

15.

5.26%a5.26%

13.

Mar.
Mar.

16.

Mar.

17-

Mar.

18.

Mar.

19.

Mar.

5.2605.26%
5.2605.26%
5.2605.26%
5.26o5.26%
5.2605.26%
5.2605.26%

5.26%a5.26%
5.26%a5.26%
5.26%o5.26%
5.26%a5.26%
5.26%a5.26%
5.26%a5.26%

Mar.

21.

Mar.

22.

5.2605.26%
5.2605.26%

5.26%a5.26%
5.26%o5.26%

23.

5.2605.26 %

5.26% 05.26%

Mar.

24.

Mar.

25.

5.26o5.26%
5.26a5.26 %

Mar.

26.

5.26%a5.26%
5.26%a5.26%
5.26%a5.26%

Mar.

27.

Mar.

28.
29.

30-

Mar.

31-

,73%a.75
•73%a.75
.73% o.75
.73%0.75
.73% 0.75
,73%a.75
.73%0.75,
.73% a.75
.73% 0.75
.73%a.75

5.2605.26%

.73% o.75
•73%0.75
.73% o.75
.73% a.75




5.26%a5.26%
5.26%a5.26%
5.26%a5.26%
5.26%a5.26%

Checks

Checks

Straits

Settlem'ta

India

Java

Dollar

Rupee

Guilder

ecks
"die

Checks

Checks

Mar.

.38a31*i6

29.63a30.00 49% o49%

58.81058.95 37.88037.90

2.33J4a2.36

.38a31»i6

58.78o58.90 37.88037.91

66.13

1.2501.26

2.32J4a2.36

Mar.

.38031*16

29.62a29"n 49% 049H
29.62fl29»*ij 49% o39%

58.75a58.90 37.87o37.90

56.11

1.2501.26

2.33 J4 a2.36

Mar.

.37a31»i6

58.70a58.80 37.87037.88

56.06

1.2501.26

2.34 J402.36

Mar.

,35o31%

29.60a29**»i 49.85o49J4
29.63a29"<s 49.85o49 %

58.61a58.80 37.84o37.88

56.15

1.25al.26

2.33J4a2.36

Mar.

1.2501.26

2.33 J4 02.36

Mar.

1.25al.26

Mar.
Mar.

1.25al.26

2.33J4a2.36
2.33 J4a2.36
2.33J4a2.36

1.2501.26

2.33J4a2.36

Mar.

1.2501.26

Mar.

56.12

SUN DAY

Mar.

.34031%
.31031%
,35o31 J*
.32o31H
,32o31%
.18031%

Mar.

29.58a29"i« 49.85a49% 58.45058.65 47.80a37.82
29,58a29*»3i 49% 049.90 58.38058.62 37.86037.92
29.63a29**i« 49.85049% 58.42o58*ie 37.83037.86
58.38a58 %
49Jf
49 %
58.35058 J*
29.43a29%
29.31a29**«* 49% 049.90 58.16a58J$
SUN DAY

29.53a29*7st

56.00
56.13

56.02

37.83037.87

56.14

37.80a37.84

55.99

37.70d37.72

55.82
55.70
55.28

1.2501.26

2.33

02.36

Mar.

,12a31»i«

1.2501.26

2.32J4a2.36

Mar.

,85o3 Die

28.96a297ie

49**16049.85 58.14a58.30 37.67o37.70
49**iea49.85 58.00a58.20 37.60a37.62

2.32%a2.35
2.32J4a2.36

Mar.

.88031^6

29.06o297ie

49**16049.85 57.85a58*ie

Mar.

,75o31.00 29.01a295i#

49**16049.85 57.89o58.00 37.52o37.55

2.32%a2.35%
2.30
02.35J4

Mar.

49**16049.85 57.75057**16 37.38a37.41

55.24

Mar.

.74o30*»ie 28.36a29*i6
,81031*16 28.29o29 Ji

49**16049.85 57.81o57.90 37.48o37.60
SUN DAY

55.41

.89a31*i6

1.25
1.25

1.25

1.25

29.25o29%

37.50a37.51

55.58

55.42

1.2501.26

2.32 J4 02.36

Mar.
Mar.

49**iea49.85 57.78a58.00 37.47a37.50

55.41

1.2501.26

2.32 J4 a2.36

Mar.

37.50a37.53

55.50

2.32 % a3.25 J4

Mar.

,85o31.00 27.88o29%
,87o31*i6 27.69a29%

49**16049.85 57.88a58*ie

1.2501.26

49**16049.85 58.86a58.00 37.45a37.49

55.42

1.2501.26

2.32%a2.35%

Mar.

,84o31*i6

49**16049.85 47.78a58.00 37.48037.60

65.43

2.32 J4 02.35 J4

Mar.

2.33 J4a2.36

Mar.

1.2501.26

.73

1.2401.25

.73%a.75
.73%a.75
.73% a.75
.73% a.75

Peso

Mar.

.

28.13a29 %

27.71a29%
,79o31.00 26.94a29%
,56a30**i< 25.50a29%

Mar.

SUNDAY

5.26a5.26 %
5.2605.26%
5.2605.26%
5.26a5.26 %

Islands

Yuan Dollar

23.62o24.00 28.94a28.99
23.50a24.00 28.93a28.95

2.33 J402.36

.73% a.75
a. 75

Checks

Cables

Checks

SUNDAY

M&.

Mar.

.73% a.75
,73%o.75„

Dollar

23.62o24.25 28.89a28.92
23.62o24.25 28.89a29.00

1.2501.26

SUNDAY

20-

Mar.

Hongkong Shanghai

Yugoslavia

Lira

Mar.

24.00a24.40 28.76o28.80
24.00a24.40 28.87a28.95

3.49J4a3.50J4

5.75

024.94 24.93%a24.95
24. 24.92%a.93% 24.93
024.94

Mar.

31.25

5.77

5.77

23. 24.93

Mar.

31.25

SUN DAY

Mar.

024.93 24.92%a24.94
024.96 24.95% 024.97

22. 24.95

Mar.

24.25o24.40 28.83a28.88

SUN DAY

Mar.

O25.07

Mar.

Mar.

24.25024.40 28.91o28.95

25.15

Mar.

Mar.

SUN DAY

Mar.

49**ieo49.85 57.75a57.90 37.43037.45

55.39

49**16049.85 57.75057%
SUN DAY

37.45037.46

55.42

2.32 J403.25J4

Mar.

,31a30 J4

23.50a23.69 49**16049.85 57.75a57.95 37.44037.50

55.48

1.25

2.32 J4 03.26

Mar.

2.32 J4 a3.25 J4

1.25

2.32J4a3.25J4

Mar.
Mar.

,54o30**i6 24.38a24.75 49**16049.85 57.86058*16 37.55a37.60
,63o30 % 25.50a26J* 49**16049.85 57.80a58.00 37.49a37.50

55.63

1.25

,54o30 %

65.47

1.25

25.66fl26%

49**16049.85 57.75o57.90 37.47a37.48

55.52